Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — Investment in Latin America Conference 2008
44 slides from Golden Cross Resources's conference presentation, Apr 4, 2008
Slide 1: Golden Cross Resources Panama Presentation
Golden Cross Resources For personal use only Presentation Panama Investment in Latin America Conference Sydney, 4 April 2008 Kim Stanton-Cook, Managing Director
Slide 2: Gold, uranium and base metals explorer in Australia and overseas
For personal use only Golden Cross is a gold, uranium and base metals explorer active in Australia & overseas Lachlan Fold Belt, Curnamona Province and Thomson Orogen of New South Wales NSW – Gold & base metals
Slide 3: Golden Cross is expanding its range
For personal use only Golden Cross is expanding its range Mount Isa, Georgetown and Bowen regions of Queensland Queensland – Gold, phosphate, base metals & uranium
Slide 4: Golden Cross has projects in the Yilgarn
For personal use only Golden Cross has projects in the Yilgarn Yilgarn Block greenstones of Western Australia Western Australia – Gold, nickel & uranium
Slide 5: Uranium in Labrador, Canada
For personal use only …..as well as…… Uranium in Labrador, Canada 2.26% U3O8 in rocks from the Notakwanon Property
Slide 6: Gold in Panama
For personal use only ……and the focus of today’s presentation....... Gold in Panama Drill-ready epithermal vein targets Drilling to start soon IP completed and new areas under application
Slide 7: Explorer on the move
For personal use only Golden Cross is a gold, uranium and base metals explorer on the move $ 4. 6m 3,000 shareholders illi on cas 631 million shares issued h on h an $16 million market capitalisation d
Slide 8: Gold in Panama
For personal use only Gold in Panama
Slide 9: GCRP's joint venture areas and new applications in Panama
For personal use only GCRP’s joint venture areas and new applications in Panama
Slide 10: Panama City
For personal use only Panama City
Slide 11: Panama - a democratic republic with close ties to the US
For personal use only Panama - a democratic republic with close ties to the United States. $US currency. It has an open-market economy and a strong banking sector.
Slide 12: Panama Canal expansion
For personal use only Its principal income is derived from the Panama Canal. US$5.25 billion earmarked for the new, larger lock systems planned for the Panama Canal.
Slide 13: Panama as transport hub; new mining legislation
For personal use only Panama is a natural transport hub for shipping and air travel. New mining legislation in place. Comparable terms to Australia & Canada
Slide 14: The economy is vibrant
For personal use only The economy is vibrant. Panama’s currency is the US dollar, with no exchange restrictions. Company income tax rate is 30%, and a 2% net smelter return government royalty is payable on mine production.
Slide 15: Friendly locals
For personal use only •Friendly locals…
Slide 16: Old Panama City
For personal use only …with their friends outside the Presidential Palace in ‘Old’ Panama City
Slide 17: Golden Cross Resources Tenements
ATLANTIC OCEAN Gulf of Panama PACIFIC OCEAN Golden Cross Resources Tenements
Slide 18: Metallogenic Map
ATLANTIC OCEAN Nt DEI Bos 2 ye wy ‘ ; Mos v ‘eraguas:Gold’ Belt VvVvVve wy, yyy HNO: 5 Moz Au oe ye P vy oN Alkaline Volcanic Rocks COR ME Qav-Quaternary alkaline volcanic GRR Tav-Tertiary alkaline volcanic Calcalkaline Volcanic Rocks Qcaf-Quaternary calcalkaline ignimbrites ternary calcalkaline vol
Slide 19: Porphyry Copper Deposits in Panama
Porphyry Copper Deposits in Panama For personal use only Deposit Resource Geologic Setting Cerro Chorcha 162 Mt @ 0.63% Cu, 0.08g/t Au Calc-alkaline quartz diorite pluton Cerro Colorado 1,300 Mt @ 0.76% Cu, 0.08g/t Au 5.9My Calc-alkaline quartz diorite pluton Botija 588 Mt @ 0.53% Cu, 0.10 g/t Au 32
Slide 20: Panama Mineral Deposits
_aie Petaquilla,District CTO BR Y Romaine { ie A VoVV VV VEN . Moz Au 100km N Pan 1-3-08 GCR MINERAL DEPOSITS VV VVVV High Sulfidation Deposits i AREA RA, vy ze in Ounces of Gold vi 10,000,000 to 100,000,000 y, Rag § 1,000,000 to 10,000,000 100,000 to 1,000,000 © 10,000 to 100,000 © 1to 10,000 © all
Slide 21: Epithermal Gold Deposits in Panama
For personal use only Epithermal Gold Deposits in Panama Deposit Past Prod. Current Resource Geologic Setting Santa Rosa 0.1 Moz 12.4 Mt @ 1.49 g/t Hot spring deposit Au (590,000 oz Au) in volcanic dome Cana 2.0 Moz None Bonanza vein and breccia pipe and, of course, GCRP’s Veraguas joint venture epi
Slide 22: Active exploration companies working in Panama
Active exploration companies working in Panama : For personal use only Petaquilla Copper (Inmet / Teck-Cominco / Minera Petaquilla) Proceeding to development Minera Petaquilla S.A (Fifer Group) Bellhaven Resources (Aurum, Cuprum) Colombia Goldfields (Stuart Redwood) OroGold Resources (Frank Powell)
Slide 23: Central Panama Detail Area
Central Panama Detail Area ATLANTIC OCEAN Santiago Z \ PACIFIC OCEAN [5 GCR Only Applications [1 GCR Managed JV Granted [21 GCR Managed JV Applications Panama City Gulf of Panama Za 100km PANAMA Yaviza
Slide 24: GCRP JV and Application Areas
For personal use only GCRP JV and Application Areas
Slide 25: Veraguas Property
For personal use only PANAMA Veraguas Property
Slide 26: Veraguas IP
For personal use only Veraguas IP
Slide 27: For personal use only
For personal use only Carlos Salazar GCRP Marcia Pastor, Laboratory Francisco Montes GCRP Operations Manager Head, DNRM Exploration Manager
Slide 28: Chris Torrey at El Tiro
For personal use only Chris Torrey, GCR & GCRP Director at El Tiro
Slide 29: Exploration Manager in his element
Rob Harley, GCR Exploration For personal use only Manager, in his element 62.8 g/t Au in float
Slide 30: GCRP Exploration Manager with geologists
For personal use only Francisco Montes, GCRP Exploration Manager, with geologists Luiz Perez & Jacinto Cabrera
Slide 31: Veraguas Property
For personal use only PANAMA Veraguas Property
Slide 32: Boca de Higui
For personal use only Trench result: 3 to 4 g/t Au over 16m, including a zone of 13 g/t over 2m Grab sample of another vein returned 3.5 g/t Au 1m chip sample of narrow vein material returned 26.6 g/t Au. Boca de Higui
Slide 33: Boca de Higui site visit
For personal use only Francisco Montes, GCRP Exploration Manager, with geologist Luiz Perez at Boca de Higui
Slide 34: Veraguas Property
For personal use only PANAMA Veraguas Property
Slide 35: Veta Blanca vein
Veta Blanca vein For personal use only 41m length of vein material averaged 27.2 g/t gold, 0.25% copper, 4.8% lead, and Adit 1 5.0% zinc over an average width of about 1.2 metres Adit 2 Veta Blanca vein
Slide 36: Proposed Drill Sections
Proposed Drill Sections - approximate For personal use only 918 150 N Adit 1 918 100 N 91 8 05 0 N Adit 2 Veta Blanca vein
Slide 37: Veta Blanca Adit
For personal use only Veta Blanca Adit 1
Slide 38: New alteration zone east of Veta Blanca
For personal use only Chris Torrey examining new alteration zone + quartz-pyrite veins east of Veta Blanca
Slide 39: El Tiro Prospects
For personal use only San Miguel El Tiro La Paloma AG06: 1.5m at 13.3 g/t Au, 4.6m at 4.26 g/t Au AG07: 1.5 at 3.87 g/t Au AG08: 10.7m at 17.06 g/t Au (interpreted to be 4.5m true thickness) El Tiro Prospects, looking north
Slide 40: Proposed Drill Sections - El Tiro
For personal use only San Miguel Proposed Drill Sections - approximate El Tiro La Paloma El Tiro Prospects, looking northeast
Slide 41: San Miguel at El Tiro
For personal use only San Miguel San Miguel at El Tiro, looking south
Slide 42: El Faustino
For personal use only Shaft Float samples to 62 g/t Au El Faustino
Slide 43: Cerro Tute near Santa Fe
For personal use only Cerro Tute near Santa Fe – one of GCRP’s new application areas
Slide 44: GCR is on the move and drilling ahead
Australia, Panama and For personal use only Canada…….. We’ve got some great, new discoveries just around the corner. GCR is on the move and drilling ahead.
Golden Cross Resources — Investment in Latin America Conference 2008 on 6ix