Coppermoly Limited · ASX:COY
Coppermoly — Shareholder Meeting (November 2013)
23 slides from Coppermoly's shareholder meeting presentation, Nov 12, 2013
Slide 1: Coppermoly Presentation at the AGM
ASX Announcement For personal use only Date: 12 November 2013 ASX Code: COY COPPERMOLY PRESENTATION AT THE AGM Queensland-based copper explorer Coppermoly (ASX: COY) is pleased to advise it will be providing an update of its activities during a presentation at its 2013 Annual General Meeting. The me
Slide 2: Coppermoly: Emerging Copper Gold Developer
For personal use only Coppermoly Emerging Copper Gold Developer
Slide 3: Disclaimer
Disclaimer For personal use only This document is not a prospectus or a product 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
Slide 4: Corporate Structure
Corporate Structure For personal use only Capital Structure Shares on issue (undiluted) 211 M Market Cap (@2.5cps) $5.275 M Top 20 65% Top 50 75% Directors and associates 6 M shares (approx.) Top 10 Shareholders (as at 12 November 2013) Jelsh Holdings Pty Ltd (and associates) 26.678% HSBC Custody No
Slide 5: Experienced Team
Experienced Team For personal use only Mr Tom Revy (Non Executive Chairman) BAppSc, GradDipBus, MAusIMM 30 years’ experience in the international mining industry including operations within PNG, project development, and corporate positions. Mr Maurice Gannon (Managing Director) BSc, GAICD, FCIS, AFA
Slide 6: Value Proposition
Value Proposition Emerging copper gold developer and producer in PNG For personal use only Well defined strategy – fast transition from explorer to developer / producer Short term – move Nakru project areas into feasibility and development Medium term - expand the Simuku Inferred Resource from 200Mt
Slide 7: Summary
Summary For personal use only Company Overview Coppermoly Limited is an ASX and POMSOX (PNG) listed copper company focused on the development of its Nakru copper project on New Britain Island in Papua New Guinea. Key Project – Nakru The Nakru Project is high grade open pittable copper. Current JORC
Slide 8: Summary - Continued
Summary - Continued For personal use only Majority Control Coppermoly now holds 51% and directly manages all exploration. Gaining 100% ownership Reacquisition agreement allowing Coppermoly to restore 100% ownership has been executed. $1.3M in August 2014 = 72% $3M in August 2018 = 100% Other Prospec
Slide 9: Papua New Guinea
Papua New Guinea Relevant Background For personal use only Population: 7.2 million. Benefit: well trained / educated workforce available – strong experience in the resources industry. GDP (2012): $15.65B, growth rate (2012) 8%. “Stronger macroeconomic management in recent years has turned a series o
Slide 10: Papua New Guinea – the right address
Papua New Guinea – the right address Famous for Large Copper and Gold Deposits For personal use only
Slide 11: New Britain Island – highly perspective area
New Britain Island – highly perspective area Coppermoly holds focused, strategic land position For personal use only Easy topography (200m to 800m) Supportive landowners Easy road access between project areas and to infrastructure Coppermoly holds some of the earliest and most prospective exploratio
Slide 12: Kimbe – infrastructure and base of operations
Kimbe – infrastructure and base of operations Located approximately 20-80km from project areas For personal use only Provincial capital, seat of provincial government Semi-industrial, with well developed local infrastructure Large palm oil and forestry industries Deep water port Port at Kimbe Nation
Slide 13: Geological Summary – Nakru
Geological Summary– Nakru High grade, VMS / epithermal mineralisation For personal use only Geochemistry Extensive soil anomalies of Cu, Au, Zn Cu in rock chips ranges from 2.2% Cu up to 19.9% Cu Trench samples: 5m@3.9% Cu, 5m@1.9% Cu, 25m@1.44% Cu Geophysics 3DIP survey conclusively identified char
Slide 14: Nakru – near surface mineralisation
Nakru 1 – near surface mineralisation Current resource open at depth and laterally For personal use only Inferred Resource: 38.4Mt at 0.61% Cu + 0.28 g/t Au + 1.80 g/t Ag (0.2% Cu cut-off) 21.6Mt at 0.81% Cu + 0.39 g/t Au + 1.81 g/t Ag (0.5% Cu cut-off) Additional drilling required to define tonnage
Slide 15: Confident of Resource Extension at Nakru
Confident of Resource Extension at Nakru For personal use only NAKRU2 3 holes to-date. 1,052 metres drilled (near surface mineralisation) NAK02-01: 51.7m at 1.21% Cu including 27.7m at 1.90% Cu and 6.7m at 3.8% Cu NAK02-02: 73m at 0.96% Cu including 26m at 1.65% Cu BWNBDD0003: 64m at 0.59% Cu includ
Slide 16: Exceptional Surface Geochemistry
Exceptional Surface Geochemistry For personal use only Numerous percentage grades of copper and zinc in rock chips A bulldozer trench interval of 88.7m at 1.2% Cu including 19m at 4.3% Cu A historical rock chip from the same trench graded 19% Cu Another trench intersected 18m at 0.92% Cu
Slide 17: Numerous Additional Targets
Numerous Additional Targets For personal use only Plesyumi (separate to the west) – part of the Nakru EL. Known historical target – never been drilled.
Slide 18: Simuku – supporting long-term growth
Simuku – supporting long-term growth Large Cu-Mo porphyry system over 4 sq km strike and >800m depth For personal use only Inferred Resource: 200 Mt at 0.36% Cu + 61ppm Mo + 0.06g/t Au + 2g/t Ag SMD19: 18m at 1.0% Cu from 18m depth SMD10: 58m at 0.53% Cu from 24m depth SMD14: 14m at 0.42% Mo from su
Slide 19: Makmak
Makmak Additional prospect to the south and west of Nakru For personal use only Visible Copper and Gold Significant Magnetic Geophysical Anomalies
Slide 20: Target Development Schedule
Target Development Schedule Aggressive drill program to increase the resource by over 150% For personal use only Q4 2013 Drill 3 holes focusing on the Nakru2 Drill 2 holes at Simuku Q1 2014 Continue drill program at Nakru2 (up to 8 additional holes) Drilling of the eastern extension and infill holes
Slide 21: Strong Local Support
Strong Local Support Mutually respectful relationship with the communities For personal use only • Continuous presence in West New Britain since early 2008. Coppermoly listed on the POMSOX stock exchange since November 2008. • Copper Quest PNG Ltd, our PNG operating company, cultivated and maintaine
Slide 22: Why Invest in Coppermoly?
Why Invest in Coppermoly? For personal use only COPPERMOLY HAS: • Advanced high grade project in a strategic region dominated by the majors • Mineralisation open laterally and at depth, targeting resource expansion to 60- 100Mt at > 1% Cu (Eq) • Multiple, complimentary advanced exploration targets •
Slide 23: Notes
Notes: For personal use only • The information in this announcement that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves for Nakru-01 is based on information compiled by Mr Stephen Godfrey, a Competent Person who is a Member of the Australasian Institute of Min