Golden Cross Resources Ltd · ASX:GCR

Golden Cross Resources — Shareholder Meeting (October 2006)

41 slides from Golden Cross Resources's shareholder meeting presentation, Oct 5, 2006

  1. Slide 1: Making the most of our Exploration & Development Project

    4 October 2006 Kim Stanton-Cook . | Managing Director sis

  2. Slide 2: Disclaimer

    DISCLAIMER - 1 hie feteral cote cea ee and fare eon information |. ____ about possible or assumed future performance, exploration results, | _sresources or potential growth of Golden Cross Resources 1 dy . _ growth or other a Preens _ | Such forecasts and ipformeton are ao a ‘quarantee of future per

  3. Slide 3: Copper Hill, Molong NSW

  4. Slide 4: Project location: low sovereign risk, high prospectivity

    ©@ Project location: Low sovereign risk, high prospectivity, government encouragement — potential for ‘State _ Significance’ status. Excellent infrastructure. - Examining all production options —grades v tonnes bd Proximity to power and transport oe Proximity to towns and services s Assisting the lo

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

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

  6. Slide 6: Paleozoic Lachlan Fold Belt

    Paleozoic New England | SYDNEY Paleozoic Lachlan Fold oe. | ) Mee GCR - Property Ordovician Volcanics- ... Intrusive Complexes

  7. Slide 7: GCR Property

    Ch GCR Property @ Major Basemetal Deposit »" Ordovician Volcanics Oe KT NSW Properties

  8. Slide 8: New South Wales - Track Record

    New South Wales -Track Record _ Total NSW Mineral Production $ billion - (AUD) Source: NSW DPI M&W Conference 2006

  9. Slide 9: New South Wales - Copper

    New South Wales - Copper B00 | soo | 200 | Source: NSW DPI M&W Conference 2006

  10. Slide 10: New South Wales - Gold

    New South Wales - Gold NSW Gold Production =—g =e Source: NSW DPI M&W Conference 2006

  11. Slide 11: a

    a

  12. Slide 12: Copper Hill

  13. Slide 13: ge i /

    a co ge i 2 / cc. a Ug oy Ls ce ioe : . Ae Ly a ly a ~~—e a a cs 7 = oy 7 . 2 ite Pe ee Seer ais Wiley 7 | i a — - cn o

  14. Slide 14: Examine all options

    Examine all options ¢ Grade versus tonnes ¢ Shape of the mineralised body ¢ Distribution of mineralisation ¢ Strip ratio ¢ Metallurgical characteristics ¢ Geotechnical aspects ¢ Potential extensions

  15. Slide 15: Copper Hill Level Plan 480RL

    NT ie aaa ES ss 8: oe SMAI : ih s LE LAAN MG = Le Lee Ne 7 Lo GEG = Se LURE Se eS SIORE ee se i LLL iii ee : | (_ Le = KLIS IIE ga ee zs y i 7 oy Ve oe A Ee i E LLL ne La E LLL ES es LS Le Te) a wy LG Ls Ess Se a 2 ° a seen Va ae fe Eon Le 2) a) a Oe NOI ey en os en bs We LS LLL ANE eS LACM IS STAG

  16. Slide 16: Gold Equivalent Level Plan 480RL

    Gold Equivalent Ml +2.3 AvEq a +1.4 AUEG ag 40.6 AuEg 200R “Copper Hill Level Plan. 480RL_ (AuEg=9/t Au#2,.3x% Cu) (at-USSL8O/b Cwrand USS450/o7 Au)

  17. Slide 17: Cross Section 5450N

  18. Slide 18: GCHR107 Cross Section 5450N

    GCHR107 if \ eee Gold Equivalent 9 | 200m MB +2.3 AuEg Bl + 1.4 AUEQ (yee git aus2.30% Cu) Copper Hill ; 7 +0.6 AUEQ (acussi.sorb cand ussasoczay Cross Section 5450N

  19. Slide 19: Long section 4900E

    Ue i Saas iia i MA |p SE y MAMI NE a) nia LOL I Ee EO Lo 0 a | Lo |e Di Lae Le a Le ei La, A LS LE MME SEE on LLL __——————— ee Come i LL —_—-__-:-_-:_ oe Es apa Pr) LL | | ———-—-_--_-_-__ | |e LL i a es Th a Li i a ee | oe Li) Ue Te AV oe: ‘Ani \ ee meen ay ie Whoo ie cm He ee | ) ‘ yy is. oe a Le a

  20. Slide 20: GCHR058 Longitudinal Section 4900E

    GCHROS8 Gold. Eau valent ener (Mt 42,3 AUEG 7 . : @B +14 AuEg (AUEG> 0/t AU+2:3%% CU) 0 200m Cop per H ilk ™ . +0.6AUEQ > (at ussi.80/0 cv-and ussss0/60AR) i Longitudinal Section 4900E

  21. Slide 21: Copper Hill Conceptual Model

    Copper Hill Conceptual Model

  22. Slide 22: Resource, production scenarios and next steps

    e 135 million tonnes. a 0. 33% Cu & 0. 32git Au ee 456, 000 tonnes Cu & 1.4 Moz Au contained ° 10Mtpa operation: 28, o0ot Cu & 85, 0000z Au — or 20- -year mine life 5Mtpa operation: 15, oot Cu & 44, 0000z Au p.a. ® Drilling continuing to infill and extend the resource. New airborne data. IP survey p

  23. Slide 23: Exploration

    “xploration Drilling New Airborne Magnetic and Radiometric data is being processed All previous IP and MIMDAS surveys being collated and 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 Results

    e600 1586 | het Sw O0ds 75 Copper Hill Project eptember Quarter Significant Drill sed Pit Outline Bolte ‘Holes 180.and 208, August 2006-Propos c Ss & &. Ss 2 Sj £ a = Ss eS — poe

  26. Slide 26: Drill Results: Holes 190 and 205

    uEc 100. mM. A Drill Res ‘Sw CodsZ9™ Copper Hill Project jeptember Ouarter Si It Holes. 190.and 205 gnificant 4 Ac Pit Outline 6 Propt ocation 2001 ® mm) (Drillndle.Li BS ae —aureaccsa se oh ‘aw posezs

  27. Slide 27: Copper Hill Project September Quarter Drill Results

    Copper Hill Project jeptember Ouarter Drill Res gnificant 6 Propased Pit Outline “si Holes. 190.and 205; 2001 ® a 5 a 3 <= oh ‘aw posezs

  28. Slide 28: Drill Results

    100.mM. Drill Res ‘Sw CodsZ9™ Copper Hill Project jeptember Ouarter gnificant Si == == 6-Propased Pit Outline Holes. 190.and 205; Drillhole. Location 3 3S x & =I a 3 <= oh ‘aw posezs

  29. Slide 29: Drill Results

    100. mM. Drill Res ‘Sw CodsZ9™ Copper Hill Project jeptember Ouarter Significant 6 Proposed Pit Outline Holes. 190.and 205; 2001 2 Drillhole. Location B 3 a 3 <= 3 ‘aw posezs

  30. Slide 30: _ i i \ | CL = ag I vo - | HE ;

    _ i i \ | CL = ag I vo - | HE ; - 2 _. L i i: oe |. out |. . _ _ ae

  31. Slide 31: Copper Hill Magnetics (RTP)

    6340000N Copper Hill Magnetics (RTP) GER 1-6-6

  32. Slide 32: Proximity to towns and services

    Proximity to towns and services. Providing: ¢ Housing ¢ Employees ¢ Infrastructure and access ¢ Basic services & tradesmen ¢ Hospital and medical facilities

  33. Slide 33: Copper Hill Infrastructure

  34. Slide 34: Wee

    Be ae Wee Goa Sea Ses poe CoS ROU ES 8 ee Oe Se = © ROE ge ee Po Uk wooo

  35. Slide 35: Low strip ratio, rail and power infrastructure

    - e Low Siwip ‘ip ratio & good metallurgical characteristics. : . e ‘Railway spur line to Copper Hill sole user @ Railway upgrade for ~$500,000 indicated by Australian Rail Track Corporation ——_ e 132 Ky power. substation only 4.5km away. New line to Copper Hill for $1.5 million. 6-7 cents/Kwh indic

  36. Slide 36: Exploration

    “xploration Rob Harley — new Exploration Manager. New EL’s applied for - near Nymagee. Canbelego, Cargo and West Wyalong are high quality exploration assets and will be protected by meeting DPI expenditure commitments.

  37. Slide 37: Golden Cross Properties - NSW

    i a a) Ls 7 Le in Ly et HE Bl We | : a West Wyalo ) | i. a a eh é oe i Wey Li 5 uct (as 2 Golden Cross Properties @ Farmed out Q For Sale —_- NSW Properties

  38. Slide 38: Canbelego

    to Cobar-48km ~ a CANBELEGO “Canbelego rte ‘Fownship* 500m -GIRTLAMBONE ppv | Gold Mine ul ‘Historic Production | i 2 Mt at 12 9/t Au | Hi) ii i sog/t Au. RS Ty Wealth of Birthday Nations ‘Historic Prod: 38 '9/t Au | A) Hi | ; g/t 4mat 5. Oa/t qe 6m at3.6 g/t Au 2m at 5.4 o/t J i) | am at 8.6 g/t Au

  39. Slide 39: Newcrest diamond drilling

    ge Newcrest Diamond | Drilling ‘ong: Gull holes _ Hole | from om “Augit JG146 38 y WA ccr 100% ® Porphyry rAd Systems

  40. Slide 40: Drill intercepts Au and Cu

    36m @ 12 g/t Au, 0.26% Cu 7 g/t Au, 0.32% s Cu 0. 22 git Aa 0.39% Cu

  41. Slide 41: GCR is a minerals explorer focusing on its 100%-owned Copper Hill

    . GCRi isa ininerais explorer focusing onits - 100%-owned Copper a aa) - _ ee gold depos _ _. / . e 500 milion shares issued (approximately) _ _ e Market Capitalisation $300 million e Cash Position 8 million Golden Cross oe intends to progress ne Copper. All project through pre-feasibility. It will

Golden Cross Resources — Shareholder Meeting (October 2006) on 6ix