Galileo Resources Plc · LSE:GLR
Galileo Resources — Investor Presentation (April 2016)
26 slides from Galileo Resources's investor presentation, April 2016
Slide 1: Galileo Resources PLC Corporate Presentation April 2016
Galileo Resources PLC Corporate Presentation April 2016 1
Slide 2: Disclaimer
Disclaimer THIS DOCUMENT (“DOCUMENT”) IS STRICTLY CONFIDENTIAL AND IS BEING PROVIDED TO YOU SOLELY FOR YOUR INFORMATION. THE DISTRIBUTION OF THIS DOCUMENT MAY BE RESTRICTED BY LAW. ACCORDINGLY, THIS DOCUMENT MAY NOT BE DISTRIBUTED IN ANY JURISDICTION EXCEPT IN ACCORDANCE WITH THE LEGAL REQUIREMENTS
Slide 3: Copper Fundamentals
Copper Fundamentals Copper demand to rise 3
Slide 4: Copper Fundamentals
HERE’S THE PROBLEM: rion pone Copper is not beina discovered fest enough NE Base Case Production Capability to be mined to meet upcoming demand, IE Probable Projects DEVELOPMENT TIME DISCOVERY TO PRODUCTION “sill THE COMING SUPPLY GAP ‘Add these factors together, and stocks of copper are at their lo
Slide 5: Copper trend
Copper trend *graph taken from McEvenMining 5
Slide 6: Concordia geographical map
Concordia geographical map 6
Slide 7: A World Class Portfolio
A World Class Portfolio Big positions in world’s most friendly mining regions Copper/Gold Assets in major mining provinces Concordia • Recent acquisition of Concordia in South Africa Northern Cape has potential to assume “World Class” copper mine potential • Galileo acquired in May 2014 by share swa
Slide 8: Concordia Geographical Map
Concordia Geographical Map Large license area (~19km²) 8
Slide 9: Concordia Assessment
Concordia Assessment Fast modelling leads to transformational thinking • Previous focus was on narrow steep underground copper ore-bodies that could be mined from underground • The challenges that resulted from the modelling done included: • That the narrow modeled ore bodies were deep (>400m below
Slide 10: Concordia Opportunity
Concordia Opportunity More of the same Five massive bulk copper mineralised zones within a 10km radius of each other all outcropping on surface in an area with good infrastructure Massive Kliphoog North target (geophysical footprint dwarf any other target) remains untested 10
Slide 11: Some Data
Some Data Typical and exciting Koeëlkop 5 Ore body (all could be connected with more infill drilling) Combined: 1200m in length x 45m in width x open to depth Koeëlkop 5 only: 310m in strike-length x 20m wide (drilled surface to 50m open to depth) 11
Slide 12: Sample Preliminary Modelling
Sample Preliminary Modelling Thick body which miners like Waaihoek Ore body 700m in strike-length x 40m wide (drilled surface to 50m open to depth) 12
Slide 13: Wheal Julia Modelling
Wheal Julia Modelling Impressive large zones 13
Slide 14: Wheal Julia
Wheal Julia Recently published modelling results Wheal Julia Cut off 0.35 % Cu 37 million tonnes @ 0.55 % Cu Whytes West Cut off 0.35 % Cu 15 million tonnes @ 0.55 % Cu Koeëlkop Cut off 0.35 % Cu 4 million tonnes @ 0.50 % Cu 14
Slide 15: Next Steps
Next Steps Fast track to value 12 months from completing BFS (project at advanced stage) • Complete a Feasibility Study for the project from the perspective of optimising mine design • Infill drilling • Metallurgical test work • EIA (Environmental Impact Assessment) • Mine planning & Financial model
Slide 16: St. Vincent Portfolio
St. Vincent Portfolio Desert above – treasures below Copper/Gold Assets in Nevada, USA Silverton • Gabbs (Nevada, USA): Nevada bulk mining proposition – major independent resource established and significant potential to increase • Ferber (Nevada, USA): Large gold copper concessions close to major n
Slide 17: St. Vincent Project Portfolio
St. Vincent Project Portfolio All projects have enormous potential – Get Nevada covered acquired from St. Vincent in 2014 Gabbs: Au-Cu Resource Au-Cu Targets Au Targets Ferber: Cu-Au Target Silverton in Joint Venture with Orogen Gold Plc: Au Targets Crow Springs: Cu porphyry target 17
Slide 18: Galileo's Ongoing Strategy
Galileo’s Ongoing Strategy Take Concordia and Gabbs to their true value • Current financing problems prevent company from releasing ultimate value but the outlook for all properties is well above average • Concordia property unique and major potential • Ferber proximity to Carlin Trend type discover
Slide 19: Gabbs Claim Package
Gabbs Claim Package Disused processing capability next door Lucky Strike Gold Ledge Sullivan Car Body Paradise Peak Mill and Mine • Gabbs claims package consists of 355 unpatented lode claims and 1 patented lode claim covering 6,900 acres (28 km²) • Property contains 4 distinct areas of mineralisati
Slide 20: Significant Drill Intercepts
Significant Drill Intercepts Very impressive long and significant intercepts Gabbs project Zone Hole Intercept Sullivan SD-1 88 m @ 1.43g/t Au and 0.28% Cu from 56 m Sullivan SD-2 89.7 m @ 0.76 g/t Au, 0.29% Cu Sullivan SD-4 100 m @ 0.40 g/t Au and 0.29 % Cu from 93 m South Gold Ledge GD-5 154 m @ 0
Slide 21: Projects
Projects Promising geology FERBER PROJECT 21
Slide 22: Ferber Property
Ferber Property Big position paid for • 120 unpatented mining claims and 21 patented mining claims covering 2,377 acres • Adjacent to recent major gold discovery Kinsley Mountain • Claims of a new gold trend comparable to the prolific Carlin Trend • Previous work reported: 10.8 m of 0.53 g/t Au 4.6
Slide 23: Compelling Investment Case
Compelling Investment Case Balanced portfolio with near term production projects • Quality projects in South Africa and Nevada, historically big producing areas • Strong international interest in the St. Vincent properties generally because of size and location • Projects are open-pittable and of a
Slide 24: Directors and Key Officers
Directors and Key Officers Strong resource management team Colin Bird Chief Executive Officer & Chairman Colin is a Chartered Engineer and has a Diploma in Mining Engineering, is a Fellow of the Institute of Materials, Minerals and Mining and is a certified mine manager both in the UK and in South A
Slide 25: Corporate Information
Corporate Information Number of ordinary shares in issue: 194,252,721 Options : 4,945,000 AIM code: GLR Galileo Resources Plc 2 Cromwell Place, London, United Kingdom, SW7 2JE 7 Einstein Street, Highveld Techno Park, Centurion 0157 , South Africa Tel: + 44 (0) 207 581 4477 | Fax: + 44 (0) 207 589 78
Slide 26: Thank you very much
Thank you very much www.galileoresources.com
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