Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — S.A Resources & Energy Investment Conference (May 2014)
30 slides from Golden Cross Resources's conference presentation, May 2014
Slide 1: “The Anomaly is Superb!”
“The Anomaly is Superb!” Kim Stanton-Cook Managing Director Golden Cross Resources May 2014
Slide 2: Thanks to
Thanks to for providing one of the best exploration and mining jurisdictions on the planet and the PACE Discovery Drilling initiative &... for its long-term support of this conference and for providing us the opportunity to present today.
Slide 3: Golden Cross Resources ASX:GCR
Golden Cross Resources ASX:GCR GCR is a junior mineral explorer with a focus on copper-gold
Slide 4: Copper-Gold and Base Metals projects
485Mt @ 15% P2O5 IOCG Ni-Au Copper- Gold Base Metals
Slide 5: Copper Hill, aerial view looking south
Cadia 45 km to southeast Northparkes 80 km to northwest Molong township Wattle Hill Copper Hill Boundary Buckley’s Hill Copper Hill, aerial view looking south
Slide 6: Copper Hill resource and drilling program
Cadia 45 km to southeast Northparkes 80 km to northwest • Total Geological Resource: 215 million tonnes at 0.3% copper and 0.24 g/t gold • Constrained Resource: 155 million tonnes at 0.33% copper and 0.27 g/t gold • Containing 493,000 tonnes of copper and 1.33 million ounces of gold • More explorati
Slide 7: South Australia – Gawler Craton IOCG Exploration
South Australia – Gawler Craton IOCG Exploration Golden Cross holds five tenements covering 3,150 km2 within the northern Gawler Craton in South Australia. The tenements lie within several structural domains lying north of the Olympic Domain. To the northwest the Mount Woods Inlier contains the Prom
Slide 8: Gawler Craton IOCG Exploration - South Australia
Gawler Craton IOCG Exploration - South Australia • Golden Cross holds five tenements within the Gawler Craton in South Australia • Drill-ready magnetic and gravity anomalies have been targeted and three holes were drilled in 2013 • The Oolgelima Hill EL 4427 is available for joint venture and contai
Slide 9: GCR’s north Gawler Craton tenements
GCR’s north Gawler Craton tenements
Slide 10: Oolgelima Project
Oolgelima Project Gravity-Mag Anomaly e: Drill Target SR11 Gravity Station Bouguer Anomaly GCR : PIR SA cB
Slide 11: SR11 Prospect: Residual Gravity and Aeromagnetics
SR11 Prospect: Residual Gravity (left) and Aeromagnetics (right)
Slide 12: Residual Density & Residual Magnetics, SR11 Bore, Oolgelima EL
Residual Density (LHS) & Residual Magnetics (RHS), SR11 Bore, Oolgelima EL, Southern portion, eastern side. | SR11 North Recent Geophysical Interpretation — Oolgelima Adelaide Mining Geophysics was retained by GCR late in 2012 to review portions of the magnetic and gravity data sets and report on th
Slide 13: Slide 13
Slide 14: Drill core from SRE001 @ SR11
Drill core from SRE001 @ SR11 • Following is a selection of core tray photographs from the first hole at SR11. • Hematite alteration • Quartz-filled breccias • Evidence of intense fluid flow • Minor pyrite, trace chalcopyrite • Two more holes planned after infill gravity, petrography, assays and SG
Slide 15: Slide 15
Slide 16: Slide 16
Slide 17: Slide 17
Slide 18: Oolgelima anomalies map
SS Ya Oe S23
Slide 19: GCR’s north Gawler Craton tenements: Oolgelima Central & South
GCR’s north Gawler Craton tenements Oolgelima Central & South
Slide 20: Oolgelima South – Jim Hanneson
Oolgelima South – Jim Hanneson • The correlation between the residual gravity high and a similar bull’s eye high in both the magnetic and residual magnetic images is striking, with only a slight off-set which may be due, in part, at least, to a non-vertical magnetic polarisation. • It has been noted
Slide 21: Oolgelima South Prospect: Residual Gravity and Aeromagnetics
Oolgelima South Prospect: Residual Gravity (left) and Aeromagnetics (right)
Slide 22: Oolgelima Central
Oolgelima Central • “The anomaly is superb. Beautiful mag/grav coincidence and it models up nicely as a possible funnel-shaped IOCG.” James E Hanneson – Adelaide Mining Geophysics
Slide 23: Oolgelima Central – Jim Hanneson
Oolgelima Central – Jim Hanneson • Earlier regional models for the Oolgelima Hill area studied at least two coincident magnetic and gravity bull’s eye anomalies. These, and a detailed model for the Oolgelima South prospect suggest a strong possibility for IOCG-type mineralisation. The present model
Slide 24: Oolgelima Central Prospect Residual Density
Taoeer ) Survey date: toMy Author, JEW Bata File: 0C_1404.6 Golden Cross Resources Ltd Oligelima Central Prospect Hanning Residual Density = 2.67gm/cc Adelaide Mining Geopysice Pty Ltd
Slide 25: Oolgelima Central Prospect Residual Magnetics
Tape? Scale 1:18000 (etree) Golden Cross Resources Ltd Oclgelima Central Prospect Hanning Residual Magnetics Aeromognetic Map Sensor Ht = 65m Adelaide Mining ¢ 3 Phy Lid
Slide 26: Oolgelima Central model profile 8
ont 5.0rGal ae sont a F ® F a fe & 108rT = * 1,0nal 3 a 2 é i 2 = 7 oe} DiMeiry 400m com 10m Thom om com 03m Profile 8: from (521386E,8319D00N) to (521386E,6812400N) StationInt 106, 50m Units/div: 100m 106nT 1.00mGal MAGNETIC PROFILES: GRAVITY PROFILES: DEPTH SECTION: Profile azimuth: 0. Solld: deta
Slide 27: Oolgelima Central model profile 14
Seon 5.¢mCal coor 4.0m¢al oor a 3.¢meal 3 cite / 1 .¢m6al tas ~ Perce | eo Sonor y [aces 199 ae \ Profile 14: from (519908E,6811304N) to (522370£,68113D4N) StationInt 106, 50m Units/div: 100m 106nT 1.00mGal Golden _Cross_Resources Ltd MAGNETIC PROFILES: GRAVITY PROFILES: DEPTH SECTION: Preflle azimu
Slide 28: Joint Venturers for Oolgelima Hill
Joint Venturers for Oolgelima Hill Program commitment: • 2 x 400m holes at SR11 • 3 x 400m holes at Oolgelima South • 3 x 400 m holes at Oolgelima Central • Total 3200 metres mud/core drilling • All-up costs/commitment $450,000 • Targets = 100 – 200 million tonnes at 1.5% Cu and 1.5g/t Au Earn-in: •
Slide 29: Disclaimer
DISCLAIMER This material contains certain forecasts and forward-looking information, including information about possible or assumed future performance, exploration results, resources or potential growth of Golden Cross Resources Ltd (GCR), industry growth or other trend projections. Such forecasts
Slide 30: Thank you
Thank you for your interest Thank you Please visit us at Booth 4
Golden Cross Resources — S.A Resources & Energy Investment Conference (May 2014) on 6ix