Golden Cross Resources Ltd · ASX:GCR

Golden Cross Resources — Excellence in Mining & Exploration 2006

35 slides from Golden Cross Resources's conference presentation, Oct 11, 2006

  1. Slide 1: Excellence in Mining & Exploration

    M ining ce , & Exploration _ : 10 October 2006 | _—

  2. Slide 2: Forward-looking statements disclaimer

    . “This noe contain certain forecasts. and forward- -looking information about possible or assumed future performance, exploration results, resources or potential growth of Golden Cees Resources ie, ey Groen or other pend poe _ : . _ Such forecasts ane information are an a guarantee of flue ee : _ a

  3. Slide 3: Copper Hill, Molong NSW - indicated resource

    ek ect -—— Molong, NSW 455, 000 t tonnes ome. & 1. 4 Mor Gold “contained in an n Indicated & ae Resource How it oan cuceeed | :

  4. Slide 4: Copper Hill - an emerging new copper-gold producer entering feasibility studies

    Copper Hill - an emerging. new w copper-gold producer entering feasibility studies — _ ic Peau: Low sovereign risk, high prospectivity, government A potential for ‘State — Signific cance’ ’ status. Excellent infrastructure. — Examining ee pin _ — ee .—_—=eisis Aone and none by, he local Ue GCR _is p

  5. Slide 5: Low sovereign risk, high prospectivity, government encouragement & infrastructure

    Low sovereign risk, high prospectivity, government encouragement & infrastructure A good place to be... Australia |

  6. Slide 6: Paleozoic fold belts and GCR property

    Paleozoic , New England, » Fold Belk | SYDNEY Mee GCR - Property Ordovician Volcanics- Intrusive Complexes

  7. Slide 7: GCR Property

    Ey GCR Property @ Major Basemetal Deposit Ordovician Volcanics o

  8. Slide 8: Metal value chart ($ billion AUD)

    $ billion (AUD) ai a o oO = 2 a 2 6 O 5 xs = a a a = a Zz . 5 S a

  9. Slide 9: Source: NSW DPI M&W Conference 2006

    Source: NSW DPI M& W Conference 2006

  10. Slide 10: Source: NSW DPI M&W Conference 2006

    Source: NSW DPI M& W Conference 2006

  11. Slide 11: GCR Property Cu-Au Mines

    @ GCR Property 6 Cu-Au Mines Ordovician Centres Gidginbung

  12. Slide 12: Slide 12

  13. Slide 13: Copper Hill prospects map

  14. Slide 14: Examining all options

    Examining all options. : : Grade versus tonnes | _ = > Shape of the negli be / : Distribution uy mineralisation — _ _ Strip ratio . ) - 6 Metallurgical characteristics . 3° Geotechnical aspects — 3 Potential extensions _ e New Discoveries —

  15. Slide 15: Copper Hill Level Plan 480RL

    Gold Equivalent MB +2.3 AuEq We 41-4 Aue +0.6- AuEg 200m Copper Hill Level Plan. 480RL (AuEg= 9/t Au¥2,3x% Cu) {at-US$ 4 80/b Cu and US$450/oz Au)

  16. Slide 16: Copper Hill Cross Section 5450N

    GCHRILO7 Gold Equivalent Q 200m ME 2.3 AuEg ——S BB 1.4 AUEQ (ayeg= git aui2.30% Cu) -Opper ml +0/6 AUEQ (aussi.so/b wandussasonany Cross Section 5450N

  17. Slide 17: Copper Hill Longitudinal Section 4900E

    Z| z Z Mo Siew en ea _— =a = o oS. 2. as Sa 40: 2. 0 ° * MA in. wn SE NW GCHROSS' County Gold Equivalent Wh +2.3 AUEq . WB +14 AUEQ - (aukg= oft ad2:3x% Cu) 0 200m Copper Hil l , C0 4-0.6 AUEQ' (at ussi.80b cu ana us¢450/02 Au) Se Longitudinal Section 4900E

  18. Slide 18: Copper Hill resource and potential operation

    135 miltion tonnes at 0. 33% Cu a 0. 0.32¢/ Au : _ 455, 000 tonnes Cu & i, 4 Moz Au contained _ 1 OMipa operation: ‘32, o0ot Cu & 100, 00002 Au / : or ae mine i life SMipa operation: 1 6, 0001 Cu & 50, 00005 A Au pe a. _ - Drilling continuing to infil ill and extend the resource. New airborne data.

  19. Slide 19: Bae

    Do ee Bae —— —— —-:=-—is ee

  20. Slide 20: Mining & Metallurgy

    Mining & Metallurgy Low strip ratio at 0. 6:1 Geotechnical review postive _ 2 Potential for greater electrical v diesel powered 3 Equipment, in-pit mobile crushers, Cue : ] : _ for ore and waste . Low B Wi indicated — lower cost crushing & grinding 2 Stock standard sulphide flotation circuit _ High

  21. Slide 21: Infrastructure

    iN) ie infrastructure —

  22. Slide 22: Infrastructure & Support

    mn nrasiructare & Support ee Railway spur Une, to the ps y Copper Hilt oe 4 Skim to 132Ky v electrical sub-station : , | ; 8 g community support - ~ Cabonne Council support — _ State Government : suppor t

  23. Slide 23: Infill, Definition & Exploration

    - Infil ul Defin nition nd & Exploration - - ‘ — : _ New 4 Airborne s Magnetic and Radiometric | - data i is being processed — _ _ . - 7 : All p previous IP and MIMDAS surveys s being _ collated and 1 combined - "Major IP survey planned

  24. Slide 24: Copper Hill Drill Rig

    Copper Hill Drill Rig

  25. Slide 25: Copper Hill Project September Quarter significant drill holes

    10 mM 10¢ aw oods 75" Copper Hill Project eptember Quarter Significant Drill sed Pit Outline: Holes 190 and 208: a August 2006 Propo: Drillhole: Location. = ee RE | oe Se = S3ur ose

  26. Slide 26: Proposed pit outline drillhole locations

    100. mM. sed Pit Outline ocation. Holes.180.and 205: 1 August 2006 Drillnole.L = = 2 = cS 2 %. aw poseze

  27. Slide 27: Proposed pit outline holes 190 and 205

    100. mM. Proposed Pit Outline Holes. 190.and 205, 0.93g/t AuEq. 3 So A a 5: a Es <= cS 2 %. aw poseze

  28. Slide 28: Proposed pit outline drillhole locations

    100. mM. bee 222i ee Pe 6-Propased Pit Outline ocation. Holes.180.and 205: Drillnole.L 3 3 A eB 5. a > <= = = = — = = — = = = = = nee = = cS g Bow oose29

  29. Slide 29: 2006 Proposed Pit Outline

    100. mM. 2006 Proposed Pit Outline rillnole.Location, Holes.180.and 205: @ 5: a > <= cS 2 %. aw poseze

  30. Slide 30: Copper Hill Geology

    Fairbridge Volcanics | (Lower-Middle Ordovician) Andesites FL 6391 Catombal Group _ (Upper Devonian) | coe 2| pper Hill@ | s, Boundary Northy, | g \,| @ Boomerang », ‘ Shades Road Wattle Hill ‘ I 5. > Head bog S - Copper Hill Geology

  31. Slide 31: Copper Hill Magnetics

    Copper Hill Magnetics _

  32. Slide 32: Low strip ratio and good metallurgical characteristics

    "Low Sip ratio a 00d metallurgical characteristics. Oo Railway pervade for ~$500; 000 indicated by Australian Rail Track Corporation — . 1 32 Ky power substation only 4. Skm away. New hae to ve Hill for $1.5 million. 6 -7 cents/Kwh indicative : : _ __ power cost, lower Off “peak, Potential for elect

  33. Slide 33: Team and the year ahead

    = oo : “8 : at and a beyond . | Vlad F David Senior ee _ oo Paul Burrell - Senior Site Geologist nies Care. and West Wyalonga are ctiete Lo _ eso assets and will be advanced i in the — year - GOR: will meet DPI expenditure Conmnitments

  34. Slide 34: Golden Cross Properties

    Canbelego Copper Hill Yellow Mt 7 Breadalbane r) Adelong ® Golden Cross Properties © Farmed out © For Sale @S Paleozoic Lachlan Fold Belt Proterozoic Curnamona Province GCR Properties

  35. Slide 35: GCR Today (10 October 2006)

    -GcR Today... eeoeecene eeccce + (0 October 2006) CCR is a minerals ole jocuing on its 1 00%-owned - Copper Hill poly oe ie gol 0 2 $04 milion de a _ | Market Capitalisation $28 million “Cash Position 58 million “Golden Cros, Rebus fens to progress the Copper Hil project frome - pre-feasibility. It

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