Slide 1: ASX Announcement: Presentation to Shareholders & Investors
ADDRESS PHONE PO Box 6965 +61(07) 5592 1001 Gold Coast Mail Centre FAX Qld 9726 Australia +61 (07) 5592 1011 EMAIL ABN 54 126 490 855 info@coppermoly.com.au WEBSITE www.coppermoly.com.au For personal use only ASX Announcement ASX Code: COY 15 March 2010 PRESENTATION TO SHAREHOLDERS & INVESTORS Attac
Slide 2: Building project value in highly prospective Papua New Guinea
For personal use only “Building project value in highly prospective Papua New Guinea” Investor Presentation ‐ March 2010
Slide 3: Highlights
Highlights For personal use only • Coppermoly attracts major funding of A$20m through an agreement with Barrick, one of the world’s largest mining companies. Earn‐in of 72% of our existing three tenements is currently underway • Nakru: Two copper systems associated with large geophysical targets whi
Slide 4: Mineralised Papua New Guinea
Mineralised Papua New Guinea For personal use only Copper Production in PNG averages around 200,000t per annum. (US $1.4b) Lihir ‐ 40 Moz AuEq Frieda ‐ 1060 Mt at 0.53% Cu, 0.29g/t Au Porgera – Mt. Nakru Sinivit 25 Moz Au Yandera ‐ 667 Mt at 0.33% Cu Ok Tedi – 663 Mt at 0.76% Cu, 0.85g/t Au Panguna
Slide 5: Excellent Location for Project Development
Excellent Location for Project Development For personal use only • Vehicle access to both projects • Deep water port at provincial capital of Kimbe • Good local infrastructure and relatively easy logistics • Topography not extreme (200m to 800m elevation) • Landowners work on projects • Large oil pa
Slide 6: New Britain Island Copper-Gold Province
New Britain Island Copper‐Gold Province For personal use only Tenements subject to Barrick Farm‐in: • EL 1077 ‐ Simuku • EL 1043 ‐ Mt. Nakru • EL 1445 ‐ Talelumas Topography Image
Slide 7: Nakru Copper-Gold Project
Nakru Copper ‐ Gold Project For personal use only Nineteen Drill Holes Completed ¾ 74m grading 0.78% copper ¾ 6.7m grading 3.80% copper Seven Holes Drilled by Coppermoly Barrick to commence drilling in April 2010 Nine kilometers of bulldozer trenching ¾ 19m at 4.3% copper ¾ 4m at 6.6% copper ¾ 55m a
Slide 8: Nakru Drilling and Geophysics
Nakru 1 and 2 Drilling and Geophysics For personal use only Un‐tested target Copper intersected in drill holes >0.1% Envelope of copper mineralisation at surface > 0.1%
Slide 9: Nakru Chargeability
Nakru 2 Chargeability Nakru 1 Chargeability For personal use only 3‐D Induced Polarisation (IP) geophysical anomaly High grade copper targets not fully tested Area of previous drilling, copper in drill holes average > 0.7% Near surface copper lens 3% to 4% Untested copper targets
Slide 10: Nakru Drilling
Trench 88m at 1.2% Cu, 0.33 g/t Au Nakru 2 Drilling: MASSIVE SULPHIDE 19.9% Cu sample in trench Massive Copper Sulphides near surface For personal use only 6.7m at 3.8% Cu Sulphide 0.19 g/t Au breccia 1.66% Zn outcrop MASSIVE SULPHIDE 7m at 3.36% Cu 52m at 1.2% Cu 0.19 g/t Au 2.0% Zn 11.4 g/t Ag 73m
Slide 11: Nakru Sulphide Copper System
Nakru 2 Sulphide related anomaly Sulphide Copper System For personal use only • Large 700m diameter area of surface mineralisation • First ever two diamond drill holes by Coppermoly intersected copper lens of 3% to 4% associated with geophysical anomaly
Slide 12: Further Drilling will evaluate Geophysics and High Grade Copper Zones
Nakru 2 Further Drilling will evaluate Geophysics and High Grade Copper Zones For personal use only (ms) 25 MAJOR 20 TARGET 15 10 AREAS 3D – IP Chargeability Profile 5 250m depth slice Surface Profile 6.7m at 3.8% Cu 7m at 3.36% Cu 0.19 g/t Au 0.19 g/t Au 1.66% Zn 2.0 % Zn 9.5g/t Ag 11.4 g/t Ag 37.6
Slide 13: Nakru 1 N-S Drill Section Schematic
Oxide Zone MAJOR Au + Mo + As + Ag, Pb, Zn, Te UNTESTED TARGET For personal use only 61m at 0.32 g/t Au 16m at 0.74 g/t Au 0.14 % Cu 4m at 3.1 %Cu 9m at 1.94 %Cu 28m at 1.1 % Cu, 0.27 g/t Au Supergene Copper 5m at 2.1 % Cu, 1.2 g/t Au Enrichment Zone 11m at 0.62 % Cu, .33 g/t Au 2m at 1.91 % Cu, 1.3
Slide 14: Nakru Copper System Cross-Section of Chargeability
Nakru 1 Copper System Cross‐Section of Chargeability (ms) ‐ sulphide mineralisation For personal use only MT. NAKRU NEW TARGET TO DRILLED BE DRILL TESTED AREA BY BARRICK NAK001 NAK017
Slide 15: Simuku / Talelumas Project
Simuku / Talelumas Project For personal use only Simuku Camp
Slide 16: Simuku and Yandera Copper Systems
Simuku and Yandera Copper Systems For personal use only Simuku: 1. Maiden Inferred Resource of 200 million tonnes at 0.36% copper within one third of the mineralised system 2. 20km from deep water port 3. 300m above sea level Yandera: 1. Indicated and Inferred Resource of 667 million tonnes at 0.33%
Slide 17: Copper Enrichment and Molybdenum
Copper Enrichment and Molybdenum For personal use only Copper Enrichment in Top 20 metres • Tobarum: 27m thick at 0.74% copper • Nayam: 16m thick at 1.0% copper Molybdenum Horseshoe Prospect • Drilling of 14m at 0.41% molybdenum from surface • Yet to be fully drill tested Surface Trench Results • 14
Slide 18: Talelumas – EL 1445 Gold and Copper Prospects
Talelumas – EL 1445 Gold and Copper Prospects For personal use only Isme Creek Gold Prospect • Geochemistry similar to the Nakru systems Mt.Misusu Copper Prospect • Copper anomalous area of 850 metres by 500 metres • Possible extension of Simuku system
Slide 19: Achieving its Objectives to Enhance Project Value
Achieving its Objectives to Enhance Project Value For personal use only Task Date IPO Raises $8million January 2008 Acquire Heavy Machinery, upgrade Track May‐June 2008 access, set‐up camps, Landowner discussions Nakru Geophysics and Drilling Results February 2009 Maiden Inferred Resource May 2009 R
Slide 20: Experienced Board and Management
Experienced Board and Management For personal use only Peter McNeil – Non Executive Chairman, 25 years experience in PNG. Peter Swiridiuk – Managing Director, 20 years experience in Exploration in PNG, Middle East, Mexico, Solomon Islands, Cyprus and Australia. Maurice Gannon – Executive Director an
Slide 21: Corporate Overview
Corporate Overview (ASX:COY) For personal use only Listed on ASX January 2008 $8 m Rights Issue and Shortfall September 2009 $2.1 m Barrick (5% COY shares) $0.57 m Shares on Issue 137 million Total Listed Options (COYO and COYOA) 46.2 million Total Unlisted Options 13 million Share Price 10.5 cents
Slide 22: Why invest in Coppermoly?
Why invest in Coppermoly? For personal use only • Leverage to a major discovery through Barrick ‘Earn‐In’ • Excellent Board and management with PNG experience • Large copper, gold and molybdenum systems • High‐grade primary and secondary mineralised zones • Drilling and results by Barrick to begin s
Slide 23: Disclaimer
Disclaimer For personal use only This document is not a disclosure document nor does it constitute the provision of financial product advice. No representation or warranty is made as to the accuracy, completeness or reliability of the information. The information is provided expressly on the basis t
Slide 24: Notes: Copper Equivalent
Notes: For personal use only *Copper Equivalent • Mineralisation at Simuku consists of copper, molybdenum, gold and silver. • Copper equivalent values have been calculated as (Cu + (7.6 x Mo) + (7818 x Au) + (101.3 x Ag)) • The copper equivalent* values for intersections are quoted in addition to in