Great Southern Copper Plc · LSE:GSCU
Great Southern Copper — 121 Conference, London 2022
22 slides from Great Southern Copper's conference presentation, Nov 23, 2022
Slide 1: Chile Focused Copper and Gold Exploration
LSE:GSCU Chile Focused Copper and Gold Exploration 121 Conference, London November, 2022 1
Slide 2: Disclaimer
Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th
Slide 3: Introduction
Introduction Chile focused exploration Experienced executive management company with strong discovery record Targeting large scale Cu-Au Rights to 100% owned projects – deposits San Lorenzo and Especularita Copper and Gold – strong near LSE listed with GBP 2.1m in cash and long-term market drivers a
Slide 4: Copper and Gold – Strong Market Drivers
Copper and Gold – Strong Market Drivers COPPER is powering the clean energy transition • Electric vehicles (up to 4x more copper compared to internal combustion engine) • Solar panels, wind turbines, hydro and thermal energy • Electrical wiring and high-speed telecommunication devices • Infrastructu
Slide 5: Chile: Globally Significant Copper Mining Destination
Chile: Globally Significant Copper Mining Destination MINISTRO HALES (CODELCO) Leading Copper Mines • Largest producer and exporter of copper in Chile in 2020 CENTINELA* (ANTOFAGASTA MINERALS) (by 1000 metric tonnes) • Largest reserves of copper and 4th largest for gold RADIOMIRO TOMIC (CODELCO) • R
Slide 6: GSC in Chile
GSC in Chile Focussed Cu-Au exploration in premier Cu jurisdiction Targeting large scale intrusive-related Cu-Au in coastal belt • Underexplored relative to Andean belt • Significantly lower cost relative to the Andean belt • Known large mines – Andacollo Cu-Au Two early-stage, large scale Cu-Au pro
Slide 7: San Lorenzo Cu-Au Project
San Lorenzo Cu-Au Project • Comprises Mining and Exploration Licenses covering 35,500 ha • Coastal location – low-cost exploration / mining operation relative to the Andean belt • Extensive historical mine workings for high grade Cu-Au, with placer Au workings • Since listing in Dec 2021, work by GS
Slide 8: San Lorenzo - Target model
San Lorenzo - Target model San Lorenzo exhibits key elements A A’ of intrusive-related Cu-Au deposit (NW) (SE) • Multi-phase intrusions • Clustered porphyries (scale) • Zoned alteration system n Chinchillo • Mineralisation at surface (depth) Fault • Large-scale structures Drill Targets Issues to add
Slide 9: Case Study: Cadia Valley – Newcrest Mining
Case Study: Cadia Valley – Newcrest Mining Current: 9.5 Mt Cu, 50 Moz Au Past: 1.5 Mt Cu, 11.8 Moz Au Cadia Hill San Lorenzo Sheeted veining 155 Mt @ 0.73 g/t 83 Mt @ 0.35 g/t 427 Mt @ 0.43 g/t 3 Bt @ 0.38 g/t Au, 0.38% Cu Au, 0.2% Cu Au, 0.21% Cu Au, 0.26% Cu ü Classic stockwork ü Sheeted vein syst
Slide 10: San Lorenzo Scout Diamond Drilling Programme
San Lorenzo Scout Diamond Drilling Programme • Scout drilling program (3,000m) designed to; – Test surface oxidised fracture-vein system at depth – Test UST altered monzonite intrusives – Determine controls on mineralisation – Evaluate results for on-going exploration programs • SLD005 assay results
Slide 11: San Lorenzo - Drilling Confirms Cu in sheeted vein system
San Lorenzo - Drilling Confirms Cu in sheeted vein system Oxidised sheeted vein swarm, Chinchillon prospect. Cpy-py-mag mineralisation in fracture vein, SLD005. Coarse cpy vein with Kspar halo, SLD008 Central prospect. 11
Slide 12: San Lorenzo - Drilling Confirms mineralised UST altered monzonite porphyry
San Lorenzo - Drilling Confirms mineralised UST altered monzonite porphyry 12
Slide 13: Especularita – A District-scale System
Especularita – A District-scale System • District-scale mineralisation system exhibiting evidence of porphyry – epithermal – skarn style mineralisation. • The project is centred on an advanced argillic litho-cap formed at the contact of a granodiorite intrusive complex and overlying Victoria volcani
Slide 14: Especularita – Complete Porphyry – Epithermal System
Especularita – Complete Porphyry – Epithermal System • Regional exploration by GSC aimed to define a pipeline of exploration drill targets Epithermal style quartz-carbonate veining and Disseminated high grade copper hosted in Porphyry Cu style sheeted and stockwork veining vein breccia systems with
Slide 15: Especularita – New Cu-Au prospect targets identified
Especularita – New Cu-Au prospect targets identified • Reconnaissance exploration by GSC is defining a pipeline of exploration drill targets at Especularita 15
Slide 16: Exploration Timeline
Exploration Timeline Feb 2021 Q4 2022 H1 2023 H2 2023 H1 2023 Phase 1 Scout drilling Regional evaluation New Project ? Phase 2 drilling Phase 1 drilling San Lorenzo San Lorenzo San Lorenzo ? New project 2022 2023 2024 Jul 2022 Oct 2022 H1 2023 H2 2023 H2 2023 Reconnaissance exploration Prospect expl
Slide 17: Capital Structure
Capital Structure Capital Structure Share Code (LSE) GSCU Share price (22/11/22) £0.0255 Cash (25/08/22) £2.1M Debt Nil GSC Shareholders Ordinary shares 213.01M Market Cap £5.33M Options on issue 11.7M Warrants (£0.10) 148.3M Cornerstone Management Shareholders 17
Slide 18: Board and Management
Board and Management Charles Bond • Corporate finance lawyer with over 25 years of experience and has worked with mining companies for the past 15 years • Partner in the London office of international law firm Gowling WLG (UK) LLP where he leads the UK firm's Natural Resources group Chairman and Equ
Slide 19: Board and Management
Board and Management Nick Briers • Over 25 years of experience in financial markets heading up Exchange Traded Derivatives sales desks at a number of tier 1 broking Non-exec Director houses, most recently at Tullett Prebon, now TPICAP, the worlds largest Inter Dealer Broker • Formerly a Non-Executiv
Slide 20: Great Southern Copper
Great Southern Copper • Chile Largest producer and exporter of copper • Jurisdiction Globally significant mining location • Copper and gold Strong market drivers • Two projects San Lorenzo Cu-Au and Especularita Cu-Au • 100% rights Leveraged for success. No NSR • Infrastructure Well located near to
Slide 21: Contact us: info@gscplc.com
Contact us: info@gscplc.com Drilling at San Lorenzo project 21
Slide 22: Model for Alkali Porphyry Cu-Au Deposits
Model for Alkali Porphyry Cu-Au Deposits (Holliday and Cooke 2007) Ridgeway deposit, Cadia Valley San Lorenzo, West of Chincillon Fault 22