Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — Investor Presentation (February 2005)
39 slides from Golden Cross Resources's investor presentation, February 2005
Slide 1: Golden Cross Resources Presentation February 2005
+ i+ -~#- Golden Cross Resources Presentation February 2005 Chris Torrey Director- Exploration
Slide 2: GCR Today
GCR Today GCR is a gold and base metals explorer, searching in NSW for large deposits in highly prospective mineral belts, providing significant potential upside for the investor 186 million shares issued with 1500 shareholders Market Capitalisation $11 million Cash position $1.6 million
Slide 3: GCR Projects
SYDNEY ao HL ccR- Property Ȥ Ordovician Volcanics GCR Projects
Slide 4: Project Locations
500 Km \ [ a | Golden Cross Resources ~~ me Project Locations
Slide 5: Elura and regional deposits
Elura Pre Mine Resource 8.5% Zn, 5.3% Pb, 69 g/t Ag arves/Resources .7% Zn, 5.3% Pb, 65 g/t Ag | Pre Mine Resource. 51iMt @ 3.21% Cu, 0.2% Pb 0.8% Zn, 22 g/t Au urrent Reserves/Resources 4.2Mt @ 7.8% Cu, 29 g/t Ag a, Great Cobar New Cobar 1Wivd ANaOOU Occidental = Chesney ' ' ‘Orne tank Peak Queen B
Slide 6: Canbelego Regional Prospects
<— to Cobar 48km [ign gMt Boppy i - Gold Mine «—to Cobar 48km Siltstone, sandstone, Limestone Sandstone, calcareous siltst, Carbonaceous siltstone Conglomerate VVV Unconformity GIRILAMBONE Undifferentiated sandstone, phyilite, chert Canbelego Regional Prospects
Slide 7: Regional Magnetics
<— to Cobar 48km gyjpen Mt BOPPY 5 eae Gold Mine «—to Cobar 48km _ REGIONAL MAGNETICS Canbelego Regional Magnetics
Slide 8: Girilambone
| GIRILAMBONE | a Locks Shaft / (Gu) [ Newhaven Polymecats | (Au) 4 rn Leases Lemans North Boppy —,.,, a “eel Canbelego King %e, Gold Mine ON Tenet \ ® East Boppy is cece - ens «, (Au) ie | Wealth of “ Birthday / Nations(au) a rr » pets Prospect GIRILAMBONE \ Preists (Au) \ EL 5842 Canbelego Peak (A
Slide 9: Magnetics, EL 5842
Slide 10: EL 5842 Historic Workings / Mines
a a 2 z x es %e> * v a 7 ce < a EL 5842 Historic Workings / Mines — Structures
Slide 11: EL 5842 Historic Workings / Mines
EL 5842 2 Historic Workings / Mines — Structures
Slide 12: Bedrock Geochemistry: Gold
Bedrock Geochemistry Gold ppm @2 100 @05 to 2 601 to OS *005to 01 0 t 0605 EL 5842 ® Historic Workings / Mines — Structures GOR IO 11-04
Slide 13: Bedrock Geochemistry: Lead
EL 5842 = Historic Workings / Mines — Structures GOR IO 11-04 Bedrock Geochemistry Lead ppm @ 5,000 to 55,300 @ 1,200 to 5,000 © 600to 1,200 * 200to 600 Oto 200 * all others
Slide 14: Canbelego Prospect
ie ars mee . a . asd ‘ c ay prospect, Canbelego
Slide 15: Mt Boppy Drilling
BALEDMUND Mt Boppy Gold Mine 1Mtati2g/tAu Tailings Dam Historic Production Recent Hole — | GCB-56 . 7 2m at 28.5 g/t Au * Drill Holes ® Prospecting Pits — Structures Shaft GOH 31-1-05 ® “3 Hoffnungs Shaft GIRILAMBONE N at Recent Hole | cs Canbelego * | SCB30 5m at 39,8 g/t Au 130 oz at 50g/t A owt i
Slide 16: Canbelego Project Longitudinal Section
South GCR Ground Beneath ML311 North POLYMETALS GL3255 Area of ane mining x. extent of old Open Pit Ky a) CLAVE | Henry Shaft M Old stopes ] Drill hole piercement point -O> Proposed drill holes one Canbelego Project LONGITUDINAL SECTION
Slide 17: Canbelego (NSW) / Golden Cross (NZ)
Canbelego (NSW) Golden Cross (NZ)
Slide 18: Burra Regional Location
<— Cobar 48km eS Sydney Burra Copper Prospect ig@may ~FLORIDA VOLCANICS - BALEDMUND (B) GIRILAMBONE 2) Workings Burra Regional Location
Slide 19: Burra Prospect drilling
0 @.d) Om 32-108 Block 51 20m Prospect Recent GCR RC drill hole Diamond drill holes Shallow Percussion drill holes Copper in Soil Anomaly Volcanic Rocks Sediments (siltstones, conglomerates, carbonates)
Slide 20: Burra drill holes and soil anomaly
Recent GCR RC drill hoie ©) | Diamond drill hotes Shallow Percussion drill holes _ > Copper in Soil Ar ‘es, Mapnenpwomey (untested targéts) aly
Slide 21: Old Burra Shaft
Old Burra Shaft Metamorphic Rocks
Slide 22: CSA Mine / Burra Cross Section
Base of Oxidation — || = - DE an ar oe \ N WESTERN SYSTEM 1 Cu Mineralisation @® Pb-Zn Mineralisation EASTERN SYSTEM QTS NORTH CSA Mine: Pre-Mine Resource 51 Mt @ 3.21% Cu, 0.2% Pb, 0.8% Zn, 22 g/t Au Current Reserves / Resources 4.2 Mt @ 7.8% Cu, 29 g/t Ag CSA Mine / Burra CROSS SECTION
Slide 23: Moorkaie, Broken Hill
Moorkaie Rock chip sample 14.6 g/t Pt, 5.6 g/t Pd, 18.6 g/t Ag, 1.32% Cu, 2.65% Ni Gossan Sample 19.6 g/t Pt, 50 g/t Pd, 0.57 g/t Au, 0.71% Cu, 0.34% Ni Frain Fail} GCR Hole GMO6 2m @ 10.9 g/t Pt, 23.6 g/t Pd, 0.94 g/t Au, 6.12% Cu, 4.45% Ni Little Darling Creek Rock chip sample 20.6 g/t Pt, 38.0 g/
Slide 24: Moorkaie and Little Darling Creek
Moorkaie Rock ip opie | Gossan dog -tnl Rock chip sample Mulga Springs ‘Little Darling Creek | b Little Broken |
Slide 25: Broken Hill
Broken Hill Township
Slide 26: TIP Schematic Section, Broken Hill
poe TIP TTA ie) : OD s - Globe-Vauxhall SZ Broken Hill Antiform Morgan St SZ _ Main Shear Broken Hill Hanging Wall Synform Synform Sundown Grp Wy [| Hores Gneiss Broken Hill Group BR Parnett Formation [] Rasp Ridge Gneiss Cues Formation \ YA) 2Zn-Pb-Ag Mineralisation : 1000 m Ea] Alma Gneiss EE \ In
Slide 27: Drilling at Old Sunny Corner Mine
Drilling at Old Sunny.Corner Mine
Slide 28: Sunny Corner regional geology
ORDOVICIAN SEDIMENTS (_) Volcanic Rock Badoese Sinn Commer Wj Porphyry O ® Historic workings thgow Sydney t 4 5 km ee 3 e phide O Paddy Lackey g O ENdGING aes” | olcano-sed enta George Reef Doz Au) i Nevada Mine, id (110 tors Copper) eee? Bulldog (au) PERMIAN O10 O - a 0 ated Suni ye OLN et Stella (
Slide 29: Bob's Creek Gold Soil Anomalies
| 12m @ 0.32 g/t Au @ Extensive gold anomaly in soils @ Hosted in intrusive porphyry @ Shallow drilling returned broad zones of anomalous gold Best soil anomalies yet to be drilled ® Potential for near-surface, structurally controlled gold resources in stockwork zones = 2M @ 1.43 g/ Soil contours ZZ
Slide 30: Sunny Corner Section 6302870N
West East 48 42 36 44 No.2 sa Open Cut CARBONACEOUS SILTSTONE Le SILTY CHERT | COARSE VOLCANIC TUFF @™ Massive Sulphide Mineralisation SILTY CHERT 5 50m , Sunny Corner SECTION 6302870N cer 11-04
Slide 31: Copper Hill Targets
: . \ Little Copper Hill Skarn / : W . ' = we aarp OF Main - >1 git gold in Mineralised r Zone - . . ‘ “yt ; + | Drilling target (RAB) | Untested magnetics corridor with sheeted centreline quartz veining . 4 - Ya * Drill spacing 500m i { me {follow-up required) , Vroyy atc? ' ny , y % P) ts Untested
Slide 32: Copper Hill: Summary of Significant Drill Intersections
Copper Hill : Summary of Significant Drill Intersections HOLE East North From Intersection Gold Copper No. (m) (m) Gy) Gw) (g/t) (%) CHP-6 4825 5628 16 79 0.60 0.45 CHP-7 5405 5160 = surface 50 0.91 0.56 CHP-9 5060 5030 _ surface 26 2.27 0.62 and 40 10 1.02 0.61 CHRC-1 4922 5585.5 surface 74 1.91 0.
Slide 33: Fountaindale Prospect and Regional Deposits
Fountaindale Prospect / Mineral Hill Au-Cu Mine L = Bac el {| tenements If J Maroonbah South Prospect GCR 30% Triako 70% @ Melrose Magnetic Anomaly host to Rosedale Prospect recently discovered 24m @ 2.0 git Au i. : mM gold-bearing intrusion - = ( ' Hn Fountaindale TYMD 003 - EN ' i! 1m @ 7.86 g/t A
Slide 34: Fountaindale Gold Contours
Gold contours 400 ppb Au GS 200 ppb Au FOUNTAINDALE — ANNI e TE A000" e Aircore drill hole —o RC drill hole —® Diamond drill hole Fountaindale Gold Contours
Slide 35: Peak Hill area geology and drilling
*to Peak Hill Wyoming One Ss 5.55 Mt @ 2.46 g/t Au Drill Hole (440,000 oz } Int ction 17m @ 4.72 g/t Au See T ae “McPhails\ EL 5830 ~~ | \votcanictastic \ = SEDIMENTS : £ \ = 5 kr PELITIC Sil as EM \ Peak Hill \ SEDIMENTS . ™ a as Malls y , United / | J | Woe & Mineralisation | \ i & (3 Chiorite-tal
Slide 36: Golden Cross Royalty area Longitudinal Section
~~ Golden Cross Royalty area ie Y Mc Phails Longitudinal Section (ex: Alkane Exploration: Quarterly Dec’04)
Slide 37: Kempfield Resources
l | Lf eon 7 KEMPFIELO RESOURCES Quarries Cargo at 60 gf Silver Cut-off Zone R Ridgeway Zone Tonnes Silver Barite 42a» | Cadia < BJ Browns Creek McCarron! 9 77 Kempfield {Mather | ~ °° Project Quarries | 0.50 x 20 Kr TOTAL 3.72 = < = Causeway rs Zone a ° o TOTAL 11.4 million ounces | ~*Mather | of S
Slide 38: BJ Zone Resource
Proposed Pit Boundary * BJ Zone BJ RESOURCE (60 g/t cut-off) 2.45 Mt at 96 g/t Ag, 26% Barite 7.6 Moz Ag, 640,000t Barite Barium > 10% Silver > 60 g/t and Barite >10% Grade outline at 745mRL
Slide 39: Watch this space
Watch this space © Projects to watch - Canbelego (high grade epithermal gold and copper) - Tip (another Broken Hill ? (Zn-Pb-Ag)) - Sunny Corner (intrusion hosted gold) - Copper Hill (Ridgeway target) - Fountaindale (intrusion hosted gold)
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