Slide 1: Corporate Presentation December 2012
Corporate Presentation December 2012 1
Slide 2: Disclaimer
Disclaimer These presentation slides (the “Slides”) have been issued by SolGold plc (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company, do not constitute an offer or in
Slide 3: Executive summary
Executive summary 1. Building a gold-copper discovery company. Delivering growth through discovery 2. Strong team with discovery track record 3. Cascabel gold-copper porphyry project in Ecuador. Outstanding project targeting a giant discovery. Drilling in 2013 4. Rannes gold-silver project, Queensla
Slide 4: Corporate Summary
Corporate Summary AIM quoted (SOLG) ASX listing in progress (code will be SLG) 424,242,966 shares outstanding At ASX listing raising A$5 mill through issuance of 20 mill CDIs (at ratio of 11 shares to 2 CDIs) 30 day VWAP = 3.5p (A$0.08) Market cap @ 3.5p p/s is £14.85m (A$0.054 p/s is A$
Slide 5: Board and Management
Board and Management Experienced Team with Discovery Track Record and Delivery of Shareholder Growth Malcolm Norris – MD and CEO Damien Lulofs – Exploration Manager Experience with WMC Resources for 23 years, in a range Damien is an experienced explorationist having spent 18 of commodities and globa
Slide 6: SolGold Portfolio
SolGold Portfolio Gold-Copper Discovery Company Ecuador Australia Solomon Islands Areas of interest for new opportunity search Page 6
Slide 7: Cascabel Project, Ecuador
Cascabel Project, Ecuador Within the highly endowed South American Andes copper-gold porphyry belt Page 7
Slide 8: Cascabel
Cascabel SolGold can earn up to 85%, through an earn-in JV with Cornerstone Capital Resources (TSXV:CGP) Terms: Earn 65% by spending US$7.8 million over 4 years; Placements in Cornerstone totaling CAD$850,000; Option to earn an additional 20% by funding additional exploration and feasibility
Slide 9: Cascabel
Cascabel Good access, 3 hour drive from Quito on bitumen road; 750m to 2100m asl; 75km inland QUITO Good support from communities in the area of current exploration Page 9
Slide 10: Cascabel: An outstanding opportunity
Cascabel An outstanding opportunity A mineralised porphyry system exists at surface; significant +1% copper and +1g/t gold in surface sampling over 3km x 2km area Gold Copper Page 10
Slide 11: Cascabel
Cascabel Outcropping gold-copper porphyry in main regional porphyry belt • Copper and gold in magnetite rich veins and zones. • Integration of Quebrada Moran B vein stockwork Quebrada Alpala porphyry stockwork magnetics, radiometrics, soil sampling and alteration mapping will deliver drill targets.
Slide 12: Cascabel: Open ended high grade channel samples
Cascabel Open ended high grade channel samples Page 12
Slide 13: Cascabel
Cascabel Model Development and Target Definition Indicates Potential World Class Project – North-South schematic section through southern geological target zones Target Page 13
Slide 14: Cascabel
Cascabel Soil sampling to date – coincident gold-copper-molybdenum anomalies over several hundred meters Outcropping porphyry system Outcropping porphyry systems GOLD COPPER MOLYBDENUM Page 14
Slide 15: Cascabel: Emerging target areas – detailed heli-magnetics
Cascabel Emerging target areas – detailed heli-magnetics Page 15
Slide 16: Cascabel
Cascabel Emerging target areas – magnetics, geology, soil geochemistry ANOMALOUS COPPER ANOMALOUS GOLD RESULTS NOT YET DELIVERED FOR MAIN TARGET ZONE Page 16
Slide 17: Cascabel
Cascabel Emerging target areas – data integration still to be undertaken Target T1 – strong multi-dataset target; geology and magnetics driven; Q. Alpala and Moran; up to 4.86g/t Au and 1.3% Cu Target T2 – strong magnetics target; further T2 exploration required; soil geochem coverage will be extend
Slide 18: Cascabel
Cascabel Comparable potential scale to the 1.9 billion tonne Tujuh Bukit gold-copper project in Indonesia held by Intrepid Mines (19 billion pounds of copper, 28 million ounces of gold) Page 18
Slide 19: Gold (Silver) Projects, Australia
Gold (Silver) Projects, Australia Page 19
Slide 20: Rannes
Rannes Clustered epithermal gold-silver deposits in belt ~ 25km long Current Indicated and Inferred resources of 296,700 ozs Au and 10,139,000 ozs Ag – 550,000 ozs of gold equivalent* at 0.9g/t gold equivalent Ounces start at surface and exploration has only tested the top ~240m at two prospec
Slide 21: Rannes
Rannes 2 million ounce gold equivalent* target from district Many untested prospects; image is gold in soils Prospect Status Contained Gold (ozs) Contained Silver (ozs) Crunchie Ind + Inf 87,000 7,577,000 Kauffmans Ind + Inf 153,900 2,078,000 Other Inf 55,700 455,000 TOTAL 296,700 10,139,000 550,000
Slide 22: Rannes
Rannes 2012 drilling is outside of the May 2012 resource block model, and targeting higher grade zones Kauffmans, and Adjacent Prospects Higher grade intercepts being delivered – KAU 139; up to 2m @ 3.84g/t gold / 3.71g/t silver KAU 147; up to 2m @ 6.75g/t gold / 27.3g/t silver Higher grade assays a
Slide 23: Rannes
Rannes Kauffmans long section development underway. Target definition in progress. KAU 139: 2m @ 3.84g/t gold KAU 147: 38m @ 1.1g/t gold, incl. 2m @ 6.75g/t gold Page 23
Slide 24: Gold Copper, Solomon Islands
Gold Copper, Solomon Islands Fauro Project SolGold 100% - seeking JV partner Guadalcanal JV; planned divestment of project by Newmont (74%) and SolGold (26%) Page 24
Slide 25: Targets and News Flow
Targets and News Flow Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Cascabel Soil sampling Heli-magnetic survey and analysis Geological mapping Target definition and drill planning Preparation for drilling - water, EIA, stakeholders Permitti
Slide 26: Key Points
Key Points BUILDING A gold-copper discovery company Delivering growth and shareholder return through discovery PEOPLE A team that has previously discovered large mineral deposits A board with a strong track record PROJECTS An outstanding gold-copper porphyry opportunity in Ecuador Resource base at t
Slide 27: www.solgold.com.au
www.solgold.com.au Malcolm Norris Chief Executive Officer and Managing Director Office: Studio 4, 304 Montague Street, West End QLD 4101 Mobile: +61 417 956 402 Email: mnorris@solgold.com.au BOOTH D12 Nominated Advisor: UK Broker: RFC Ambrian Ltd SP Angel Corporate Finance LLP Page 27
Slide 28: Appendix - About Ecuador
Appendix - About Ecuador Area: 260,000km2 (about the same size as the United Kingdom) Population: ~14 million Currency: US$ Language: Spanish Government: Presidential (Legislative, Executive, Judicial) Presidential Election: Presidential elections in February 2013 (may delay some government function