Coppermoly Limited · ASX:COY
Coppermoly — Shareholder Meeting (November 2008)
26 slides from Coppermoly's shareholder meeting presentation, Nov 19, 2008
Slide 1: Chairman's Address - Annual General Meeting
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 ASX Announcement 18th November 2008 ASX Code: COY CHAIRMAN’S ADDRESS - COPPERMOLY LIMITED ANNUAL GENERAL MEETING
Slide 2: Annual General Meeting 19th November 2008
ANNUAL GENERAL MEEETING 19th NOVEMBER 2008
Slide 3: Summary
Summary • Corporate Overview • Company Highlights • Mt Nakru Copper-Gold Projects • Simuku Copper-Molybdenum Project • Summary
Slide 4: Corporate Overview
Corporate Overview Listed on ASX January 2008 (Raised $8M) Code: COY Shares on Issue 82,015,288 Listed Options (entitlement issue) COYO 20,503,822 Unlisted Options (Director’s and Employees) 8,400,955 Fully Diluted Shares on issue 110,920,065 Share Price 4 cents Market Capitalisation $3.3M Market Ca
Slide 5: Experienced Board and Management
Experienced Board and Management Peter McNeil – Non Executive Chairman, (26 years experience with 23 years in PNG). Managed exploration on projects since 1988. Peter Swiridiuk – Managing Director, (18 years experience). Middle East, Mexico, PNG, Solomon Islands, Cyprus and Australian copper. Bob McN
Slide 6: Geological Team
Geological Team “4% COoPPERMOLY Limited
Slide 7: Company Highlights
Company Highlights • Coppermoly holds title to two large and well defined copper/gold/molybdenum systems (Simuku and Mt Nakru) • Coppermoly is in an excellent geological environment • PNG hosts large copper/gold/molybdenum ore bodies and deposits • Over 5,000 meters of drilling and 5km of trenching
Slide 8: Papua New Guinea
Papua New Guinea Copper Production in PNG averages around 200,000t per annum. (US $1 4b) ° . 2 © Lihir - 40 Moz AuEq ea a) Frieda - E 1005 Mt at 0.5% Cu, a > 0.3g/t Au ‘ A Porgera - ce) ° A 25 Moz Au Yandera - A 371 Mt at 0.49% CuEq. » Akru A . Simuku Panguna - ra Ok Tedi- atau 944Mt at 0.48% Cu, 0.
Slide 9: Excellent Locations for Development
Excellent Locations for Development • Road access to two 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
Slide 10: New Britain – New Copper-Molybdenum Province
New Britain – New Copper-Molybdenum Province
Slide 11: Coppermoly Project Access Areas: Nakru
Coppermoly Project Access Areas: Nakru
Slide 12: Nakru Copper-Gold Project
Nakru Copper-Gold Project Seven New Drill Holes in Nakru Drill & Trench Results 2008. Results await. Twelve Historical Drill Holes ¾ 74m at 0.78% copper ¾ 94m at 0.43% copper and 0.46g/t gold ¾ 205m at 0.4% copper Ten kilometers of trenching • 23m at 1.43% copper • 4m at 6.6% copper • 205m at 0.8 g/
Slide 13: Nakru Chargeability at 100m depth
Nakru 1 and 2 Chargeability at 100m depth related to sulphide mineralisation
Slide 14: Nakru 1 and Nakru 2 3D Geophysics
Nakru 1 (right) and Nakru2 (left) 3D Geophysics
Slide 15: Nakru-1 drillhole NAK17 semi-massive sulphides
Nakru-1 drillhole NAK17 semi-massive sulphides
Slide 16: Nakru 2 Breccia System First Ever Two Drillholes
Nakru 2 Breccia System First Ever Two Drillholes Nakru-2 semi- massive sulphides at 79m depth Drilling Rig at Nakru-2
Slide 17: Nakru Exploration Schedule
Nakru Exploration Schedule Task Date Landowner negotiations completed May 2008 Heavy machinery commissioned May 2008 Track access begins June 2008 Set-up camps June-August 2008 Trenching begins August 2008 Geophysical surveys September 2008 Commence drilling August 2008 Evaluate all results December
Slide 18: Coppermoly Projects: Simuku
Coppermoly Projects: Simuku
Slide 19: Simuku Copper-Molybdenum Project
Simuku Copper- Molybdenum Project Drill Results – 31 holes. Awaiting results from 6 holes • 41m at 0.64% copper • 93m at 0.69% Cu.Eq* • 19m at 0.32% molybdenum Trench Results – 25km • 14m at 1.03% copper and 0.26 g/t gold • 200m at 0.75% copper • 117m at 0.74% Cu.Eq* • 87m around a horseshoe shape a
Slide 20: Simuku Project
Simuku Project 1. 31 drill holes in total 2. Over 25kms of bulldozer trenching 3. Resource Calculation
Slide 21: Simuku Camp Staff Meeting
Simuku Camp Staff Meeting _
Slide 22: Simuku Exploration Schedule
Simuku Exploration Schedule Task Date Staffing arranged February 2008 Heavy machinery and vehicles March 2008 commissioned Track access begins March 2008 Drilling/Trenching begins April 2008 Additional drilling rigs commissioned June 2008 Releasing assay information July 2008 – February 2009 Re-eval
Slide 23: Summary
Summary • Large copper, gold and molybdenum systems • Over 5000m of drilling and 5000m of trenching completed in 2008 • Excellent infrastructure • Excellent Board and management team • Looking to a resource compliant with JORC by February 2009
Slide 24: Copper Equivalent
Copper Equivalent* The mineralisation at Simuku consists of copper, molybdenum, gold and silver. •The copper equivalent* values for intersections, in addition to individual metal values, are quoted, as they provide the most meaningful comparisons between different drill holes and trenches. As metal
Slide 25: Disclaimer
Disclaimer 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 that recipients will ca
Slide 26: Competency
Competency • The information in this presentation that relates to Exploration Results is based on information compiled by Peter Swiridiuk, who is a Member of the Australian Institute of Geoscientists. Peter Swiridiuk is employed by Coppermoly Ltd. • Peter Swiridiuk has sufficient experience which is