Slide 1: Albarta Project
Albarta Project AUSTRALIA’S NEW IOCG AND COPPER EXPLORATION HOT-SPOT August 2013
Slide 2: 20 tenements covering over 2,000km2
20covering tenements over 2,000km2 2
Slide 3: Albarta Project, NT
Albarta Project, NT Darwin Australia’s new IOCG & copper exploration hot-spot Core’s Albarta Project in the NT has rights to 20 tenements covering over 2,000km2 • Multiple occurrences of copper NORTHERN TERRITORY mineralisation indicates strong prospectivity • Ground breaking exploration for Kidman
Slide 4: Strong prospectivity
Strong prospectivity • 10% copper and 2,200 g/t silver at Blueys Prospect • Up to 14% copper and 72g/t gold at Copper King • Up to 34% copper at Virginia Prospect • 19,552ppb silver in soils at new Inkheart Prospect • >1% copper of 2km x 2km area at Paradise Well Prospect • Large scale copper nickel
Slide 5: Exploration underway
Exploration underway On new IOCG & copper exploration hot-spot 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% y aCu) in rock chip ghw Hi Copper King (14% Cu & 38g/t Au) in rock chips Plenty Exploration commenced Daicos (19.37% U, 26.52% Nb) in rock chips Explora
Slide 6: 2.2kg/t silver 10% copper
Blueys Prospect 2.2kg/t silver and 10% copper at surface 6
Slide 7: Blueys Prospect
Blueys Prospect • Very high grades of 2.2kg/t (2,200g/t) silver and 10% copper at surface • Peak value of 25,250ppb silver is well above 100ppb commonly regarded as anomalous • New Inkheart Prospect characterised by extremely high silver in soils • Further high grade rock chip results strengthen Cor
Slide 8: Blueys Prospect
Blueys Prospect Sample Ag ppm Cu (%) Au g/t Pb (%) BT2 >1500 4.43 0.121 0.70 EAR13006A 1800 9.87 0.153 2.96 EAR13006B (repeat) 2200 5.74 0.108 1.39 8EAR13006C (repeat) 700 1.05 0.073 0.20
Slide 9: Blueys Prospect
Blueys Prospect • Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag. Its peak silver in soil value is 25,250ppb Ag • Core’s Inkheart Prospect has a footprint of 1,400m x 300m area assaying over 1,000ppb Ag. Peak silver in soil of 19,552ppb Ag • Investigator Resources Lt
Slide 10: Large copper mineral field
Copper King Large copper mineral field Up to 14% copper and 72g/t gold at surface 10
Slide 11: Copper King Mineral Field
Copper King Mineral Field • Large copper mineral field recognised in area of new 100% owned tenement • 5km long copper soil anomaly • Rock chips assays up to 14.3% copper and 72.3 g/t gold • Geophysics not used in previous targeting 11
Slide 12: Assay results
Copper King Mineral Field Assay results Prospect Type of No. of Max Gold Max Gold Max Copper Max Copper Sample Samples (ppb) (g/t) (ppm) (%) Copper King Rockchip 54 38,510 38.5 140,000 14.0 Copper Queen Rockchip 111 72,300 72.3 143,000 14.3 Copper Queen West Rockchip 44 1,425 1.4 37,700 3.8 Copper S
Slide 13: 1%-5% Cu at surface 34% Cu
Virginia Prospect Stratiform kilometre scale copper target grading 1%-5% Cu at surface Rock chips assays up to 34% Cu 13
Slide 14: Rock chip sampling
Virginia Prospect Rock chip sampling Sample Copper (%) HRCRC0939 5.13 HRCRC0943 5.28 HRCRC0948 34.00 • Strong copper in soils HRCRC0949 7.73 along strike HRCRC0952 5.24 • Geophysics not used in HRCRC0954 13.90 previous targeting HRCRC0956 4.16 HRCRC0957 4.78 • No previous drilling 14
Slide 15: Paradise Well Prospect
Paradise Well Prospect • 1.6% copper detected at surface by Core at new Paradise Well prospect • Copper now identified at surface over a 2km x 2km area (inc. PW South) • Kilometre-scale coincident Cu/Ag soil anomalies • Magnetite association with copper may have IOCG affinities • Further soil sampli
Slide 16: Paradise Well Prospect
Paradise Well Prospect Sample Rock type Cu % Cu ppm Ag g/t Pb ppm Zn ppm PW001 Schist 1.6 16000 0.36 51.4 144 PW002 Amphibolite 1.0 9750 3.22 20.7 114 PW003 Amphibolite 0.7 7390 2.15 17.5 90 16
Slide 17: Mordor Project – Cu/Ni/PGE
Mordor Project – Cu/Ni/PGE • Mordor Project hosts copper, nickel & PGE “reef” style mineralisation e.g. Merensky Reef, Bushveld (S.Afr) • Mordor Complex is a large layered mafic-ultramafic intrusion (5km diameter by 6km deep) • Also prospective for contact-type Cu-Ni-PGE deposits • Multiple “walk up
Slide 18: IOCG Prospectivity
IOCG Prospectivity Assessment from multiple independent sources 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% ghw Hi y aCu) in rock chip • Copper prospectivity Copper King (14% Cu & 38g/t Au) in rock chips Plenty of the region well Daicos (19.37% U, 26.52% Nb)
Slide 19: Summary
Summary Core’s Albarta Project is a valuable position in new Australian copper IOCG exploration hotspot in the NT • Core has rights to 20 tenements covering over 2,000km2 in a new IOCG terrain • Multiple occurrences of copper mineralisation at surface a strong indicator of prospectivity • Disparate
Slide 20: Contact details
Level 2, 143 Hutt Street Adelaide SA 5000 PO Box 7298, Hutt Street Adelaide SA 5000 Telephone: 08 7324 2987 Facsimile: 08 8312 2002 www.coreexploration.com.au The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Stephen Biggins