Slide 1: Presentation to Shareholders & Investors (ASX Announcement)
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 For personal use only ASX Announcement ASX Code: COY 16 June 2011 PRESENTATION TO SHAREHOLDERS & INVESTORS Attach
Slide 2: Major Copper-Gold Systems being Drill Tested
For personal use only “Major Copper‐Gold Systems being Drill Tested.” Gold Coast Resources Showcase Investor Presentation ‐ June 2011
Slide 3: Disclaimer
Disclaimer For personal use only 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 t
Slide 4: Highlights
Highlights For personal use only • In an agreement with Barrick (PNG Exploration) Ltd, Barrick have spent over half of A$20M required to attain a 72% interest in three tenements. • Drilling and Exploration has defined at least two major Copper‐Molybdenum‐Gold systems currently undergoing additional
Slide 5: Company Overview
Company Overview (ASX:COY) For personal use only New Guinea Gold Corp. 15% Vangold Resources Ltd 10% National Nominees Ltd 5.7% Barrick 4.5% Current Shares on Issue 139 million Total Listed Options (COYOA 7 cents) 23.6 million Share Price 10 cents Market Capitalisation $14 million Cash at Bank $1.6
Slide 6: Mineralised Papua New Guinea
Mineralised Papua New Guinea For personal use only COPPERMOLY Lihir ‐ 40 Moz AuEq Frieda ‐ 1060 Mt at 0.53% Cu, Simuku 0.29g/t Au 200Mt at 0.36% Cu Porgera – 25 Moz Au Ok Tedi – Yandera ‐ 663 Mt at 0.76% 667 Mt at 0.33% Cu Panguna – Cu, (Bougainville) 0.85g/t Au Wafi ‐ Golpu 944Mt at 0.48% Cu, 0.56g
Slide 7: New Britain Island Copper-Gold Province
New Britain Island Copper‐Gold Province For personal use only Tenements subject to Barrick agreement: • EL 1077 ‐ Simuku • EL 1043 ‐ Mt. Nakru • EL 1445 ‐ Talelumas Coppermoly Tenement Applications: • ELA 1782 ‐ Powell • ELA 1812 ‐ Fulleborn Ok Tedi/ Frontier Exploration Topography Image
Slide 8: Location: Excellent for Project Development
LOCATION Excellent for Project Development For personal use only • Vehicle access to both projects (1 to 4 hour drive) • Deep water port at provincial capital of Kimbe • Local infrastructure and relatively easy logistics • Topography not extreme (200m to 800m elevation) • Landowners support explorat
Slide 9: Nakru Area showing Prospects
Nakru Area showing Prospects For personal use only • 26 diamond drill holes completed for 5666 metres • IP geophysics and geochemistry used to detect these systems
Slide 10: Nakru-1 and Copper-Gold-Zinc Breccia Model
Nakru1 and 2 Copper ‐ Gold ‐ Zinc Breccia Model For personal use only
Slide 11: Nakru – Copper Gold System
Nakru 1 – Copper Gold System Barrick to drill Test for Tonnage Potential For personal use only BWNBDD0008 23.5m at 1.3% Cu, 2.38g/t Au from 87.3m and 20.6m at 0.94% Cu, BWNBDD0001 0.21 g/t Au from 128.4m 213.75m at 0.92% Cu, 0.33g/t Au, from 74.45m Exploration Target within existing drillholes: NAK0
Slide 12: Nakru – Mineralisation Model
Nakru 1 – Mineralisation Model For personal use only
Slide 13: Nakru-1 Cross Section and Plan View
Nakru‐1 Cross Section Nakru‐1 Plan View For personal use only Secondary Enrichment: 13m at 2.8% Cu at 74m depth 22m at 1.5% Cu at 99m depth NAK017 210.1m at 0.45% Cu, N 213.75m at 0.92% Cu, 0.33g/t Au, from 74.45m 0.17g/t Au, from 61.2m NAK003 86.15m at 0.50% Cu, 0.46g/t Au, from 85m Cross Section V
Slide 14: Nakru - Sulphide Copper System
Nakru 2 ‐ Sulphide Copper System For personal use only • Breccia hosted copper system with 800m diameter envelope of mineralisation • Massive Sulphide copper lens: 6.8m at 3.8% Cu at 30m Depth • Drill tested with one deep hole by Barrick: 64m at 0.59% Cu at 141m depth. 4.9m at 13.6% Zn, 24.03 g/t Ag
Slide 15: Copper and Zinc Soil Geochemistry
Copper Soil Zinc Soil Geochemistry Geochemistry For personal use only Rock Outcrop 10.6% Zn 0.6% Cu 0.21 g/t Au Rock Chip Sample 73m at 0.96% 5m @ 3.5%Cu, Cu 6.6% Zn 64m at 0.59% Cu 13m at 0.43% Cu BWNBDD0003 4.9m at 13.6% Zn 0.84% Cu, 24 g/t Ag, 52m at 1.21% 0.41 g/t Au Cu
Slide 16: Nakru Trench and Sulphide Cross-Section
Trench 88m at 1.2% Cu, 0.33 g/t Au Nakru 2 19.9% Cu sample in trench MASSIVE SULPHIDE 6.7m at 3.8% Cu Sulphide Cross‐Section 0.19 g/t Au breccia outcrop of Massive Sulphide Lens For personal use only 1.66% Zn MASSIVE SULPHIDE 7m at 3.36% Cu 52m at 1.2% Cu 0.19 g/t Au 2.0% Zn 11.4 g/t Ag 73m at 57 pp
Slide 17: Nakru Drill Pads and Holes
For personal use only BWNBDD0007 – 265.52m Nakru camp Drill pad BWNBDD0010 BWNBDD0009 – 180m
Slide 18: Simuku / Talelumas Project
Simuku / Talelumas Project For personal use only
Slide 19: Simuku Copper System
Simuku Copper System For personal use only Simuku: 1. Maiden Inferred Resource of 200 million tonnes at 0.36% copper to be tested further by plus 600m deep drillholes in 2011 2. 20km from deep water port 3. Track/road access 4. 300m above sea level
Slide 20: Drilling To Test Higher Grade Zones at Depth
Drilling To Test Higher Grade Zones at Depth For personal use only Nayam Prospect • SMD26 intersected 282m at 0.45%Copper from 18m depth • SMD19 intersected 93m at 0.59% Cu from 8m depth Including 18m of 1.0% Cu from 18m depth Tobarum Prospect • SMD10 intersected 58m at 0.53% Cu at 24m depth INFERRE
Slide 21: Simuku Resource
Simuku Resource Near Surface Copper Topography Image Enrichment For personal use only Nayam Secondary Copper Enrichment within the Resource area in the top 60 metres • Tobarum : 27m thick at 0.74% copper • Nayam: 16m thick at 1.0% copper INFERRED RESOURCE Outline 197 Mt at 0.47% Cu.Eq Tobarum Misili
Slide 22: Simuku and Regional Kulu Copper and Gold Prospects
Simuku and Regional Kulu Copper and Gold Prospects Being explored by Barrick For personal use only
Slide 23: Board and Management with PNG Experience
Board and Management with PNG Experience For personal use only Dal Brynelsen – Non Executive Chairman, CEO of Vangold Resources Ltd (TSX), founding Director of Griffin Mining. Over 30 years experience in the mining industry. Peter Swiridiuk – Managing Director, 20 years experience copper and gold ex
Slide 24: Why invest in Coppermoly?
Why invest in Coppermoly? For personal use only • Further drilling and exploration programme underway throughout 2011 by Barrick. • Higher grade copper areas within Simuku Inferred Resources area to be drill tested at depth. • Further drilling at Nakru‐1 to test extents of mineralisation. Higher cop
Slide 25: Notes
Notes: For personal use only • All stated intersections are weighted assay averages ([Sum of each total interval x grade] / Total length of intersection). • Drill core and rock samples were transported to the field camp site then to the Barrick base in the town of Kimbe. The drill core was logged, o