AUSGOLD LIMITED — AGM Information 2015

Nov 17, 2015

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Welcome Annual General Meeting 18 November 2015

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Competent Persons Statement & Disclaimer
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Competent Person’s Statement

The information in this report that relates to Exploration Results is based on information compiled by Miss Melanie Sutterby and Mr Stephen Thomas, who are Members of the Australasian Institute of Mining and Metallurgy and have sufficient experience relevant to the style of mineralisation under consideration and to the activity which they undertake to qualify as Competent Persons as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Miss Sutterby and Mr Thomas consent to the inclusion in this report of the matters based on the information in the form and context in which it appears.

The information in this report that relates to the Mineral Resource Estimates is based on work done by Mr Rod Brown of SRK Consulting (Australasia) Ltd and Miss Melanie Sutterby of Ausgold Limited. Miss Sutterby takes responsibility for the integrity of the Exploration Results including sampling, assaying, and QA/QC, and the preparation of the geological interpretations. Mr Brown takes responsibility for the Mineral Resource Estimate.

Rod Brown and Melanie Sutterby are Members of The Australasian Institute of Mining and Metallurgy and have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity that they are undertaking, to qualify as Competent Persons in terms of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code, 2012 edition). The Competent Persons consent to the inclusion of such information in this report in the form and context in which it appears.

Forward-Looking Statements

This presentation has been prepared by Ausgold Limited and contains background information about Ausgold Limited current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.

This presentation is for information purposes only. Neither this presentation nor the information in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares. This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular persons. Recipients should seek professional advice when deciding if an investment is appropriate.

All securities transactions involve risk, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

To the fullest extent permitted by law, Ausgold Limited and its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statement, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risk, uncertainties and assumptions that are outside the control of Ausgold Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements. Subject to any continuing obligations under the applicable law and ASX Listing Rules, Ausgold Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation of any changes in events, conditions or circumstances on which any such forward-looking statement is based.

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Ausgold Limited Capital Structure
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ISSUED CAPITAL (as at 17/11/15)	ISSUED CAPITAL (as at 17/11/15)
Ordinary shares on issue	265.2M
Unlisted options1	19M
Market Capitalisation	A$10M
Top 20 shareholders	65%

Note:

1. Price A$0.07-A$1.45 expiring between 6 December 2015 and 31 December 2017

SHAREHOLDERS (as at 17/11/15)

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6%
8%
11% 57%
18%
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Directors TRG Duke Royalty Ltd CQS Asset Management Investors

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DIRECTORS	DIRECTORS	DIRECTORS
Richard Lockwood	Chairman	35 years experience in mining, funds management andgold mininginvestment
Stephen Thomas	Executive Technical Director	20 years experience in finance industry as a resource analyst with Hartley Poynton, Rothschild Golden Arrow Fund and Bell Potter. Prior to this, Stephen worked for 12 years as a Mine Geologist in nickel and gold operations.
Denis Rakich	Executive Director / Company Secretary	30 years experience in resource sector, legal, financial and corporate management. FCPA Australia

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Ausgold’s Focus
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• Mineral Explorer aspiring to become an emerging gold producer

• Katanning Gold Project:

• 100% AUC tenure covering prospective Greenstones

• Historic mining operation

• Realising value of core asset

• Opportunities for growth

• Expansion of Resource base through development & effective exploration:

• Exploration legacy

• Quality data & usage

• Under-explored Greenstone Belt

• Management track record of successful Exploration, Resource Development & open pit mining.

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2015 Highlights
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• RC drilling program confirms substantial mineralisation footprint

• Updated Geology, Structural, & Ore 3D Models

• Database review & quality assurance exercise

• Utilisation of new generic ore deposit model

• Improved understanding of mineralisation controls

• Mineral Resource Estimation to JORC 2012* Updates at:

• Jinkas

• Dingo

• White Dam

• Jackson

• Lone Tree

• Established a Robust Resource

• In line with expectations we see a reduction in tonnes & increase in grade

• Realistic representation of potential mining operation

• Scoping Study 80% complete

• Positive results!

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5 *Resource estimate completed by SRK Consultants Pty Ltd

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Mineral Resource Estimation
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	Tonnes (Millions) Gold (g/t) Ounces (‘000)
Measured Resource	3.0 1.94 188
Indicated Resource	6.7 1.07 230
Inferred Resource	6.6 1.02 219
TOTAL	16.4 1.21 637

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Jinkas region interpreted lodes
Looking from
north-east
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• 1,737 drill holes for 147,800m used for MRE

• Drill hole spacing generally 10-20m on 20m sections

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Dingo
interpreted
lodes
Looking from
south-west
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• Overall 66% of Au in Measured and Indicated categories

• High proportion of Resource is high confidence

• Historic mining and metallurgical test work (historical) indicates good recoveries & encouraging proportions of free milling Gold

6 *Resource estimate completed by SRK Consultants Pty Ltd (JORC 2012); 0.5 g/t Au cut off to 150m below the surface – Appendix 1 – refer also ASX announcement 21 October 2015. Rounding errors may occur.

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Jinkas Resource Model
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•  Gold mineralisation occurs proximal to Adamellite intrusive contacts dipping gently east at 30º

•  High grade shoot extension potential with intersections such as:

• 3m @ 10.25 g/t Au

• 8m @ 5.80 g/t Au

• 2m @ 6.09 g/t Au

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Jinkas Resource Model - Footwall
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Jinkas & White Dam Models
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 Lode orientation remarkably consistent allowing for robust geological interpretation & Resource Models

 White Dam sub-parallel & approximately 80m below Jinkas

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White Dam Resource Model
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 High grade shoot extensions are predicted

 Systematic RC drilling is planned to test targets

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Dingo Resource Model
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Preliminary Scoping Study 80% Complete
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 Scoping Study 80% Complete for the KGP

• SRK Consultants:

• Whittle Pit optimisations on Jinkas & Dingo

• Mine scheduling & operating costs

• CPC Project Design:

• Review of earlier metallurgical studies (AMMTEC & Gekko Systems)

• Process Plant & Infrastructure requirements (CAPEX & OPEX)

• Ausgold:

• Financial Analysis & Modelling (unused tax losses of $48M)

 Decision to progress to Pre-Feasibility in Q1 2016

• Resource to Reserve conversion

• Resource Development drilling

• Metallurgical and geotechnical studies

• Environmental considerations & other modifying factors

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Preliminary Study: Pit Optimisations
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• Advanced KGP asset poised to deliver shareholder value

• 98% of Mineral Resource in Measured (64%) & Indicated (34%) categories

• Systematic Resource Development has potential to significantly expand resource base & discover further high grade shoots

• Decision to conduct further optimisation studies on Jackson & White Dam

	Measured Resource	Indicated Resource	Inferred Resource	TOTAL
Jinkas	146,704	18,411	701	165,817
Dingo	16,486	27,810	1,284	45,581
TOTAL	163,191	46,221	1,986	211,398

Mineral Resource Categories within selected Whittle Pit shells

Cautionary Statement: This preliminary study is an order of magnitude technical and economic study of the potential viability of Mineral Resources. It includes appropriate assessments of realistically assumed Modifying Factors (See Appendix 3) together with any other relevant operational factors that are necessary to demonstrate at the time of reporting that progress to a Pre-Feasibility Study can be reasonably justified. Further assessment and more advanced studies are required to establish that targets and conclusions will be realised. Ausgold Ltd has concluded it has reasonable basis for the forward looking 13 statements in this presentation. Further information is in Appendix 2.

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Preliminary Study: Processing &
Metallurgical Study
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• Preliminary CAPEX & OPEX cost estimates for a 1Mtpa processing facility

• Conventional CIL plant

• CAPEX based on new plant & machinery of West Australian quality

• Historical metallurgical test work & operational data supports Scoping Study phase

• 90% recovery @ 24h residence time

• Up to 95% recovery @ higher residency times

• Gravity concentration amenable

• Global prediction of 92% recovery with increased residence times

• Future metallurgical test work (PFS level) will align potential ore sources with detailed operation design parameters

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Preliminary Study indicates positive
metrics
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Potential for cash flow

Life of Mine C1 Cash Costs	A$957 per oz (A$879 per oz @ Jinkas)
Life of Mine All in Sustaining Cash Costs	A$1,116 per oz
Strip Ratio	5.6
Modifying Factors
Mining cost	A$3.50 per tonne
Mining recovery & dilution	95% & 5%
Processing
Plant and Infrastructure (CAPEX)	A$45M (1Mtpa)(Total A$57M including EPCM, first fills &
	commissioning) ±35%
Operating Costs (OPEX)	A$25.30 per tonne ore±35% (includes A$2.50 G&A)
Gold Recovery	92%
Mine Life	4 years
Gold Production (LOM average)	46,190 oz per annum

Cautionary Statement: The Company advises the Scoping Study and Preliminary Study referred to in this presentation is based on lower-level technical and preliminary economic assessments, and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage, or to provide certainty that the conclusions of the Study will be realised. The Production Target referred to in this announcement is partly based on Inferred Mineral Resources (which is less than 5% of the Mineral Resource). There is a low level of geological confidence associated with the Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target or preliminary economic assessment will be realised. The financial assessments provided are preliminary in nature and assume US$1,250/oz gold and AUD:USD 0.75. See also Appendix 3 for further information.

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Realising Emerging Opportunities
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Gold mining in WA has survived for over 100 years because of explorers’ determination and tenacity

The Ausgold of the future will survive by embodying professionalism & the determination to succeed Adding value is enhanced by an awareness of the philosophical basis of our geologic/scientific investigation. “Remember that all models are wrong; the practical question is how wrong do they have to be not to be useful?”#

KGP Exploration Model*

Schematic Plan Showing Refolded Stratigraphy within “Tramline” Gneissic Foliation and HG Gold within Fold Hinges

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Conceptual structural model for the KGP

Improved understanding of ore controls and structural domaining leads to robust geological (& Resource) models!

Box, G. E. P. and Draper, N. R. (1987). Empirical Model Building and Response Surfaces. Wiley Series in Probability and Statistics, 688p (John Wiley: NY).

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Exploration Vision and Strategy
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 Vision

• To generate a sustainable, minimum 5 year mine life by increasing the Resource Base

• To achieve +1Moz Resource Base

• To realise the exploration potential of the KGP & make a new discovery

 Strategic Process

• The exploration process needs to be well planned with staged activities that meet success criteria in order to minimise expenditure & generate positive results

• An optimum exploration portfolio balance needs to be achieved to generate & explore new targets through to resource/reserve drill outs

 Strategic Plan

• Resource / Reserve conversion

• Understand potential of the field by realising the potential of the KGP ore deposit genesis models

• Bring a new discovery into production

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Resource Expansion
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• Potential extensions to high grade shoots at White Dam & Jinkas

• Minimal expenditure required to test targets

• RC drilling planned (~1000m)

• Potential repetitions of high grade shoots at Jinkas

• Minimal expenditure required to test targets

• RC drilling planned (~500m)

• Potential extensions to Jackson at depth

• Assessment of advanced projects at Olympia & Fraser underway

• Rapid Resource expansion potential

• Infill & extensional Resource Development RC drilling required ~(3000m)

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Exploration Upside
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• New exploration model suggests potential for repetitions of mineralisation

• New discoveries driven by conceptual targeting based on geophysical and geological datasets

• Jinkas West – interpreted large scale isoclinal fold is untested

• Complex EW folding at Datatine shown in magnetics. Historic drilling oriented sub-optimally (NE-SW). Anomalous results include 6m @ 2.02 g/t Au (BSAC1280) and 4m @ 13.60 g/t Au (DTR3)

• Gold mineralisation associated with pyrrhotite

• 50 regional multi-element geochemical targets identified for follow-up & historical economic intersections by previous owners identified for follow up by Ausgold

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!(
582800 583250 !( !(!( !( !( 583700 !( 584150 584600 585050
!( !( !( !(!( [!][(][ !][(]
Jinkas West Target !( !(^!(!(!(!(!(!(!(!( [!][(] !( !(!(!( Jinkas West [!][(] !(!(!(!(!(!(!(!( [!][(][!][(] !( [!][(] !(!(!( [!][(] !( [!][(] !( [!][(] !(!( [!][(][!][(] !( !(!(!( [!][(][!][(][!][(] !(!( [!][(][ !][ !][(][(] !(!( [!][(][!][(] !(!(!(!(^ [!][(][ !][(][!][(] !(!( [!][(] !( [!][(] !(!(!( [!][(][!][(] !(!( [!][(] !( [!][(] !( Lone Tree !(!(!(!(!(!(!(!(!(!(!(!(!(!(!(!( [!][(] !(!( !(!( [!][(] !(!(!(!( [!][(][!][(] !(!( [ !][(][!][(] !(!( [!][(][ !][(] !( [!][(][!][(][!][(] !(!(!(!( [ !][(][ !] !( [(][!][(] !(!( [!][(] !(!(!( [!][(][!][(][!][(] !( [!][(] !(!( [!][(] !(!(!(!(!( [ !][ !] !( !( [!][(] !(!( [(][(] !(!(!(!(!( [ !] !( [!][(] !( [!][(][!][(][(] !( [!][(] !( [!][(][!][(] !(!( !( !(!(!(!(!( [!][(] !( [ !][ !][!][(] !( [!][(][!][(][!][(][!][(] !(!( [(][(] !(!( [!][(][!][(] !( [!][(] !( [!][(] !(!( [!][(][!][(][ !] !( !( [!][(][!][(] [!][(][!][(] [(] !( [!][(][!][(][!][(][!][(] !(!( [!][(] !( [!][(] !(!(!(!(!(!(!(!(!(!(!(^!( [!][(] !(!( !( !( !( !(!( !( !( !( !(!(!(!( !( !(!(!(!(( [!] ( [!] !(!(!(!(!(!(!(!(!(!(!(!(!(!(!(!(!(!(( [!] !(!(!(!( !( [!][(] !(!(^!( !( !(!(!(!(!(!(!( [!][(] ( [!] !( [!][(] !( [!][(] ( [!] !(!(!(!(!(!(!(!(!( [!][(] !( !( [!][(][!][(] !( [!][(] !(!(!(!( !( !(!(!(!(!(!(( [!] !( [!][(] [!][(] !(!(!(!(!(!( [!][(] !(!(!(!( [!][(] !(!(!( [!][(] !(!(!(!(!(!( [!][(] !( !( !(!(!(!(!( [!][(] !(!( [!][(] !(!(!( [!][(] !( !( [!][(][!][(][!][(] !( [!][(] !( [!][(][!][(] !(!( [!][(] !(!(!(!(( [!] !(!(!(!( [!][(] !(!(!(!(!(!(!(!(!(!(!( [!][(] !( Jinkas North Pit !(!(!!( [!][(] !(!(! ( !(!(!( [!][(] !( [!][(] !(!( [!][(] !( !(!(!( !( !( [!][(] !(!(!(!( !( !( [!][(] !( [!][(] !(!(!( !( !(!(!(!(!(!(!(!(!( [!][(] !(!(!(^!(!(!(!(!(!(!( [!][(] Olympia !( [!][(] !(!(!( [!][(] !(!(!( !( !(!(!(!(!(!(!(!( [!][(] !(!(!(!(!(!(( [!] !(!(!(!(!(!(!(!(^!(!(!(!(!(!( [!][(] !(!(!(!(!(!(!( [!][(] !(!(!(!(!( [!][(] !(!(!( [!][(] !( [!][(] !(!(!(!(!(!( [!][(] !( [!][(][!][(] !(!(!(!(!( [!][(] !(!( [!][(] !( [!][(][!][(] !(!(!( !( !(!(!(!( [!][(] !(!(!(!(!(!( [!][(] !( [!][(] !(!( [!][(][!][(] ( [!] !(!(!(!(!(!(!(!(!( [!][(][!][(][!][(][!][(] ( [!] !(!(!(!( !( [!][(][ !] !(!( [(] !(!(!(!( [!][(] !( [!][(] !( [!][(] !( White Dam !( [!][(][!][(] !(!(!(!(!(!(!( [!][(][!][(] ( [!] !(!(!(!( [!][(] !(!(!(!(! [!][(] ( [!][(][!][(][!][(][!][(] !(!(!(!(!(!(!(!(!(!(!( !( Jinkas South Pit [!][(][!][(][!][(] !(!(!(!( !( !(!(!( [!][(] ( [!] !(!(!(!(!(!(!(!(!( [!][(] !( !(( [!] !(!( !( !( !( [!][(] !(!( [!][(] !( !( [!][(][!][(] !( !(!(!(!( !( !( !(!( [!][(] !(!(!(!(!(!( [!][(] !(!( [!][(][!][(] !( [!][(] !( !( [!][(] !(!( [!][(] !( !( !( !( [!][(] !( [!][(][!][(] !(!(!(!(!(!(!(!( [!][(] !(!( [!][(] !(!(!( [!][(] [!][(] !(!(!(!(!( !(!(!(!(!(!(!(!(!( !( !(!(!(!(!(!(
!( !( !( !(!( [!][(] !(!( [!][(] 0 !(!( !( !( !( 250 500
!( [!][(] [!][(] Meters
DatatineTargets
!(!(!(!(!(!(!(!(!(!(!( !( !(!(!(!(!(!(!(!(!(!( [!][(] !(!( !( [!][(] !(!(!(!(!(!( [!][(] [!][(] !(!(!(!(!(!(!(!(!( [!][(][!][(] !(!( [!][(] !(!(!( [!][(][!][(] !( [ !][(][!][(][!][(][!][(] !( [!][(][!][(][!][(][!][(] !( [!][(][!][(][!][(][!][(] !(!(!(!( [!][(][!][(] !( [!][(][!][(][!][(] !( [!][(][!][(][!][(][!][(][!][(][!][(][!][(] ^ Datatine
!(
!(
!(
^ Prospects and Pits
!( 2015 Ausgold Drill Holes /
0 500
!( Pre-2015 Ausgold Drill Holes
Meters
!( Historical Drill Holes (previous project owners)
580550 581000 581450 581900 582350 582800
!(
6289350 6289350
6288900 6288900
6288450 6288450
6288000 6288000
6295650 6295650
6295200 6295200
6294750 6294750
6294300 6294300
6293850 6293850
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Investor Milestones
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 Multifaceted strategy to increase value of Ausgold’s KGP asset through:

• Pre-Feasibility Study

  • Reserve conversion

  • Detailed assessments of Modifying Factors

• Resource Development

• Exploration

• Realising the positive economic potential & commitment to advancing the project through to production

• Targeting Resource growth and new discovery

• Demonstrate untapped potential of the KGP & secure project funding for the future

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Milestone Sep 15 Dec 15 Mar 16 June 16 Sep 16 Dec 16 Mar 17 June 17 Sep 17
KGP Scoping Study Complete
Resource Development RC Planned
Exploration RC and AC
Stage 2 RC Resource Devl
KGP Pre-feasibility Studies
KGP Definitive Feasibility
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Doolgunna – Emerging Mineral
Province
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• Recent exploration success at the Monty discovery within the Sandfire Resources (ASX.SFR) / Talisman Mining (ASX.TLM) Springfield JV project renewed interest in the region

• The Monty discovery is 10km from Sandfire’s DeGrussa copper mine and ~23km from Ausgold’s Doolgunna Station tenement (E52/3031)

• Highlights potential for discovery of high grade copper-gold sulphide mineralisation in favourable VMS stratigraphy throughout the entire Bryah Basin

• FLEM survey to be undertaken across prospective sequences to generate targets for drill testing in 2015.

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Summary
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• Mineral Resource update highlights where significant potential exists to rapidly add ounces

• Target KPI of +1Moz Resource Base through new discovery & existing Resource expansion

• Economic potential & open pit mining viability of the KGP becoming apparent

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Thankyou
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• Picture of 1 tonne of gold (1 ounce of Au = 31.1 grams)

• 637,000 ounces X 31.1 = 19.8M grams = approximately 20 tonnes of Au!

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Appendix 1 – Resource Table
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Lode		Measured			Indicated			Inferred			Totals
	Mt	Aug/t	Koz	Mt	Aug/t	Koz	Mt	Aug/t	Koz	Mt	Aug/t	Koz
Jinkas Main Lodes	2.37	2.15	164	1.00	1.13	36	0.75	0.89	21	4.13	1.67	221
Jinkas HW Lodes	0.22	1.10	8	0.76	1.02	25	0.49	0.91	14	1.47	1.00	47
Jinkas Total	2.59	2.06	171	1.77	1.08	62	1.24	0.90	36	5.59	1.49	268
Dingo Main Lodes	0.44	1.22	17	2.95	1.11	106	0.38	0.77	9	3.77	1.09	132
Dingo HW Lodes	-	-	-	0.63	0.72	15	0.31	0.64	6	0.94	0.69	21
Dingo Total	0.44	1.22	17	3.58	1.05	120	0.69	0.71	16	4.70	1.01	153
Jackson Main	-	-	-	0.32	1.50	16	0.04	0.94	1	0.37	1.43	17
Jackson HW & FW	-	-	-	0.47	1.02	15	0.19	0.95	6	0.66	1.00	21
Jackson Total	-	-	-	0.79	1.22	31	0.24	0.95	7	1.02	1.15	38
Lone Tree Total	-	-	-	0.17	0.93	5	1.19	0.76	29	1.37	0.78	34
White Dam Total	-	-	-	0.38	1.00	12	3.28	1.24	131	3.66	1.22	143
GRAND TOTAL	3.0	1.94	188	6.7	1.07	230	6.6	1.02	219	16.4	1.21	637

KGP Mineral Resource Estimates (2015; SRK Consultants to JORC 2012)

Notes: The Mineral Resource is reported at a lower cut-off grade of 0.50g/t gold.

The topographic surface at the KGP is at approximately 360mRL with the Mineral Resource Estimate stated to a depth of 210mRL (approximately 150 metres below land surface).

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Appendix 2 – Cautionary Statement
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A Scoping Study is an order of magnitude technical and economic study of the potential viability of Mineral Resources. It includes appropriate assessments of realistically assumed Modifying Factors together with any other relevant operational factors that are necessary to demonstrate at the time of reporting that progress to a Pre-Feasibility Study can be reasonably justified. Further assessment and more advanced studies are required to establish that targets and conclusions will be realised. Ausgold Ltd has concluded it has reasonable basis for the forward looking statements in this report.

This presentation has been prepared in compliance with JORC Code 2012 Edition and the ASX Listing Rules. All material assumptions on which on which the forecast financial information is based have been included.

The Preliminary Study (as part of a Scoping Study) referred to in this presentation is based on low-level technical and preliminary studies, and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development at this stage, or to provide certainty that the conclusions of the Preliminary Study will be realised. There is a low level of geological confidence associated with Inferred Mineral Resources (which comprise less than 5% of the Jinkas and Dingo Mineral Resource within selected Whittle pit shells) or that the production targets will be achieved and there is no certainty that further exploration work will result in conversion to Indicated Mineral Resource.

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risk, uncertainties and assumptions that are outside the control of Ausgold Limited. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements.

Subject to any continuing obligations under the applicable law and ASX Listing Rules, Ausgold Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this document of any changes in events, conditions or circumstances on which any such forward-looking statement is based.

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Appendix 3 - Material Assumptions (and Modifying
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Appendix 3 - Material Assumptions (and Modifying
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Appendix 3 - Material Assumptions (and Modifying
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Appendix 3 - Material Assumptions (and Modifying
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