SolGold PLC · AQUISUK:SOLGL
SolGold — Investor Presentation (June 2013)
38 slides from SolGold's investor presentation, June 2013
Slide 1: Emerging World-Class Copper Gold Discovery
Emerging World-Class Copper Gold discovery June 2013 1
Slide 2: Importance Notice & Disclaimer
Importance Notice & 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 const
Slide 3: Corporate Snapshot
Corporate Snapshot AIM quoted (SOLG): 4.0p Shares on issue: 552.24m Market cap: £22.1 m Good liquidity Board/management well invested A$1.0 billion market cap precedents from major discoveries, e.g. Intrepid Significant Shareholders Mines discovery of Tujuh Bukit Cu-Au porphyry in Tenstar Tra
Slide 4: Board and Management
Board and Management Experienced Team with Discovery Track Record and Delivery of Shareholder Growth Alan Martin – Chief Executive Officer Dr Bruce Rohrlach – Chief Geologist •Canadian, geologist for Delta Gold in 1980’s •24 years in Australia, Philippines, •20 yrs in Australian investment markets,
Slide 5: Cascabel: Revised Agreement, SolGold Earns More, For Less, More Secure
Cascabel: Revised Agreement, SolGold Earns More, For Less, More Secure Revised Joint Venture Agreement Expenditure $2.5m Placements $1.4m ($650k paid, $750k remaining) Project interest earned 85% (20% +10% +20% + 35%) + $0.5m in SolGold shares to Cornerstone SolGold currently owns 30% of ENSA Shareh
Slide 6: World-Class Giant Copper Gold Porphyry Potential
World-Class Giant Copper Gold Porphyry Potential WHY IS IT THERE? ● Andean Copper Trend is the world’s richest – Escondida, El Cobre etc ● Thick oceanic ridges enhance the metal contents in porphyries WHY IS IT AVAILABLE TO US? ● Ecuador is under explored – existing majors such as Codelco, Corriente
Slide 7: Cascabel is at Low Elevation and Close to Power, Port and Highway
Cascabel is at Low Elevation and Close to Power, Port and Highway • Good Access and infastructure • 3 hour drive from Quito bitumen road (much of it Pan American highway); • Elevation 750m to 2100m asl; • 75km inland, 150km from the port of San Lorenzo Page 7
Slide 8: Cascabel: In The Company Of Giants
Cascabel: In The Company Of Giants (ore) Sphere size denotes Page 8 contained Cu (mt)
Slide 9: Cascabel in Highly Endowed South American Andes Copper-Gold Porphyry Belt
Cascabel in Highly Endowed South American Andes Copper-Gold Porphyry Belt Cascabel is located in the same continental belt as some of the world’s largest copper and gold porphyry deposits: •Cobre Panama •La Colosa •La Escondida •Chuquicamata Page 9
Slide 10: The Top of Cascabel is Just Exposed
The Top of Cascabel is Just Exposed Typical Porphyry Cu-Au Deposit Page 10
Slide 11: Coincident Cu-Au-Mo Anomalies Illustrate Potential for Classic Porphyry Systems
Coincident Cu-Au-Mo Anomalies Illustrate Potential for Classic Porphyry Systems Soil sampling over 20 km2: 200x100m and 100x100m Clustered Molybdenum distribution reflects porphyry centres Page 11
Slide 12: Cascabel Copper Geochemistry Provides a World Class Copper-Gold Porphyry Target Like Tujuh Bukit
Cascabel Copper Geochemistry Provides a World Class Copper-Gold Porphyry Target Like Tujuh Bukit Cascabel Cu (Soils) Tujuh Bukit Cu (Soils) same scale, same cut- offs Page 12
Slide 13: Five Targets at Cascabel
Five Targets at Cascabel Alpala Cu-Au Porphyry Porphyry Target Multi-dataset support Coincident Cu-Au-Mo-As + (Sb, Bi) Alteration Zonation (Spectral data) Magnetic highs overprinted by magnetite destructive alteration Outcropping strongly mineralised porphyry quartz stockworks Regional Toachi Fault
Slide 14: The Alpala 3D Magnetic Model Points To Copper Porphyry Mineralisation
The Alpala 3D Magnetic Model Points To Copper Porphyry Mineralisation 3D Inversion Model of Magnetic Survey Data Spanning the Broader Alpala Region. The magnetic apophysis (red shape) which extends above the modelled magnetic batholith underlies the southeast Alpala region. The area around the margi
Slide 15: Magnetic Apophysis Illustrates the Porphyry Target
Magnetic Apophysis Illustrates the Porphyry Target Almost 1 km of vertical extent Magnetic 3D Inversion Model Section at 83,400 mN through the Magnetic 3D Inversion Model. The section runs east-west through the central Alpala region of mineralised porphyry quartz stockwork veins. Page 15
Slide 16: The Magnetic Model at Tujuh Bukit Is Like Cascabel
The Magnetic Model at Tujuh Bukit (2bt @ 0.45 Cu & 0.45 g/t au) Is Like Cascabel
Slide 17: Strong Correlation Between Au Mineralisation & Magnetite
Strong Correlation Between Au Mineralisation & Magnetite North High Grade Cu-Au Vein @ Cascabel Trench TH57: 0.35m @ 43.7% Cu, 12.2 g/t Au, within longer trench of 45.5m @ 0.46 g/t Au, 0.5% Cu (uncut) or 45.5 m @ 0.25% Cu when the 35 cm high grade zone is Tujuh Bukit 3D Magnetic Model cut to 10% Cu
Slide 18: Extensive Upper Level Rocks Preserve Cu Mineralisation
Extensive Upper Level Rocks Preserve Cu Mineralisation Magnetic apophysis (1 x 0.5 km) underlies two lobes of acid alteration in a 2 x 1 km lithocap. Page 18
Slide 19: Window of Mineralised Porphyry Quartz Stockwork Veining exposed in Alpala and Planned Holes 1 and 2
Window of Mineralised Porphyry Quartz Stockwork Veining exposed in Alpala and Planned Holes 1 and 2 Page 19
Slide 20: Classic High Grade Porphyry mineralisation at Cascabel
Classic High Grade Porphyry mineralisation at Cascabel Copper associated with magnetite Trench TR46: Trench TR56: 45.63m @ 0.81 g/t Au, 0.59% Cu 56.93m @ 1.16 g/t Au, 0.34% Cu Quartz calcite veins with Diorite with quartz, magnetite and chalcopyrite, pyrite and bornite chalcopyrite veinlets Page 20
Slide 21: Surface Channel Samples & Stage 1 Drillholes
Surface Channel Samples & Stage 1 Drillholes Page 21
Slide 22: Cascabel Lithocap as Extensive as Tujuh Bukit
Cascabel Lithocap as Extensive as Tujuh Bukit 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 22
Slide 23: Cascabel's Footprint Next to Giant World Class Cu Au Porphyry Deposits
Cascabel’s Footprint Next to Giant World Class Cu Au Porphyry Deposits
Slide 24: Gold (Silver) Projects, Australia
Gold (Silver) Projects, Australia Page 24
Slide 25: Rannes - Many Untested Prospects
Rannes- Many Untested Prospects Page 25
Slide 26: Copper-Gold, Solomon Islands
Copper-Gold, Solomon Islands Fauro & Kuma (100% SolGold), prospective for Cu-Au porphyry & epithermal Au deposits Page 26
Slide 27: Concealed Porphyry Target at Kuma Project, Solomon Islands
Concealed Porphyry Target at Kuma Project, Solomon Islands Page 27
Slide 28: Targets and News Flow
Targets and News Flow Cascabel News Flow 3D Magnetic Modeling Completed Trenching completed • Environmental License Application imminent •Drilling targeted for end of June 2013, subject to issue of environmental permits Rannes & Solomon Islands •Exploration results under review Page 28
Slide 29: Thank you
Thank you Page 29
Slide 30: Appendix: About Ecuador
Appendix: About Ecuador Area: 280,000km2 (slightly larger than Victoria) Population: ~14 million Currency: US$ Language: Spanish Corporate Tax: 22% Royalties: 5-8% Labour Obligations Tax: 15% VAT 12% Other taxes: Subject to capital recovery and commodity prices Security/safety: Good (better than Phi
Slide 31: Main Metallogenic Cu Belts of the Andean Cordillera
Main Metallogenic Cu Belts of the Andean Cordillera Miocene of Ecuador and Colombia << Least well explored Junin, (Cascabel ?), La Colosa, Mid to Late Miocene Northern Peru La Granja, Cerro Corona, Michiquillay, Magistral Palaeocene-Eocene of Northern Chile-Southern Peru Spence, Cerro Colorado, Toqu
Slide 32: Elephant Country - Cascabel is 60 kms NE of 982 mt @ 0.9% Cu
Elephant Country - Cascabel is 60 kms NE of 982 mt @ 0.9% Cu (Junin) Major Structures Cu-Au Rich Source Intrusions Fertile Miocene Intrusive Complexes Page 32
Slide 33: The Carmen-Alpala Interpretative Long Section
The Carmen-Alpala Interpretative-Long Section Developing geological model and interpretative (1:1 scale) long-section through the Alpala region. The two lithocap remnants (orange areas) that cap the Alpala porphyry Au-Cu system were once likely contiguous across the Alpala valley. The vertical relat
Slide 34: Field work at Alpala
Field work at Alpala Alpala lithocap Page 34
Slide 35: Cascabel: Nursery for Local Community
Cascabel: Nursery for Local Community Page 35
Slide 36: Lemon Trees for Local Community
Lemon Trees for Local Community Page 36
Slide 37: Value Creation Through Discovery
Value Creation Through Discovery Intrepid delivered A$1Bn Market Cap for A$50M Expenditure PEAK $2.34p s 30 fold value increase GFC through discovery of 8cps the giant Tujuh Bukit deposit Page 37
Slide 38: www.solgold.com.au
www.solgold.com.au Qualified Person Information in this report relating to exploration results is based on data reviewed by Mr Nicholas Mather (B.Sc. Hons Geol.), an Executive Director of the Company. Mr Mather is a Fellow of the Australasian Institute of Mining and Metallurgy who has in excess of 2