ANGLOGOLD Blue Skies in Africa and Beyond

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ANGLOGOLDBlue Skies in Africaand Beyond
Cape Town 1999
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3 original objectives
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Corporate structure prior to AngloGold merger
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Current AngloGold structure
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1999 objectives
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Extending future reserves
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The strategy
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Future production needs
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Country risk
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Technical risk
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The new paradigm
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Generalised gold environments
M
M
M
M
M
Epithermal/plate margin type
Sediment hosted
M
Greenstone type
AngloGold prospects
Ex-Minorco
M
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Vibroseis
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Western Ultra Deep Levels

• Potential 30 million oz
• opportunity

• 3 500 to 5 000m below surface

• Ventersdorp Contact Reef
• Carbon Leader Reef

• 8 surface drill holes

• 15 underground holes

• US17 million over 4 years

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African exploration assets
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Active Properties
Jerritt Canyon
U.S.A
Epithermal/plate margin
Greenstone
Pikes Peak
Mexico
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Nevada mines and AngloGold properties
Jerritt Canyon
Carlin Trend
Getchell Trend
NEVADA
AngloGold mine
Battle Mountain/
Eureka Trend
Active property
Gold deposit
Carson
City
Major trends
Walker Lane Trend
50km
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Active Properties and Exploration
El Callao/Km 88 Area
Venezuela
Amapa Regional
Amapari
Amapari Project Area
Brazil
Serra Grande
Peru
Area around
Morro Velho
Morro Velho
Argentina
Area around
Epithermal/plate margin
Cerro Vanguardia
Sediment hosted
Cerro Vanguardia
Greenstone
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Other areas
Current cost of discoveries -
US8/oz
Future target well below US20/oz
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Acquisition criteria
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Realising opportunities
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ANGLOGOLDBlue Skies in Africaand Beyond