Geopacific Resources Limited · ASX:GPR
Geopacific Resources — Geopacific Resources NL — Investor Presentation (April 2011)
27 slides from Geopacific Resources's investor presentation, Apr 14, 2011
Slide 1: Exploring for Elephant size copper/gold deposits in Fiji
Geopacific p Resources NL ASX code: GPR For personal use only Exploring for “Elephant” size copper/gold deposits in Fiji April 2011 Tim Biggs and Ian Pringle Fiji Source: US Geological Survey
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that involve subjective judgement and analysis and For personal use only accordingly, are subject to significant uncertainties and risks, many of which are outside the control of, and are unknown to, Geopacific Resources NL (“Geopacifi
Slide 3: Capital Structure of Geopacific - GPR
Capital p Structure of Geopacific p - GPR For personal use only ◦ Shares Outstanding 36 578 790 ◦ Fully Diluted 43 820 896 ◦ Market Cap $10.9mln ◦ Cash Position $2.25mln ◦ Management/Insiders 50%+ ASX over five years Board/Management Chairman Tim Biggs Managing Director Dr Ian Pringle Directors Ian
Slide 4: Geopacific Resources - Vision
For personal use only Geopacific Resources - Vision “to build “t b ild a profitable fit bl mining i i company from f the th ground up by developing the current assets and strategic t t i acquisition” i iti ” “hunting an elephant” 4
Slide 5: Board with proven record
Board with proven record For personal use only Charlie Bass has founded and grown two ASX listed mining businesses. ◦ Eagle Mining – WA Goldfields, Nimary Deposit, cash takeover $300m (1997) ◦ Aquilla q Resources – Founded 2000 (($5m IPO), ) bulks ((iron ore/coal), ) mult-billion dollar current mark
Slide 6: Why Geopacific?
For personal use only Why Geopacific? • Portfolio of quality gold and copper projects with ample signals of mineralisation • Long operating experience in Fiji, good standing with mines department • Historically under-resourced & under-funded • Clean, cheap capital structure • Tightly held shareholde
Slide 7: What is an elephant deposit?
What is an elephant deposit? For personal use only Porphyry copper-gold (PCD) and associated epithermal deposits contain about 65% of the world’s world s copper and are a major host to gold gold, silver and molybdenum PCD’s are large (often 100’s of millions to billions of tons) PCD’s have min
Slide 8: Why Fiji?
Why Fiji? For personal use only The potential for an Elephant Fiji is located along a volatile zone of frequent volcanic and seismic activity at the edge of the Pacific. This ‘ring of fire’ is the location of many of the world’s largest precious metal deposits. Limited modern exploration for the
Slide 9: Fiji is Elephant country
Fiji is Elephant country For personal use only
Slide 10: Geopacific - What are the Elephant Signals we need?
Geopacific G ifi – What Wh are the h Elephant El h Signals Si l For personal use only we need ? Requirement/Signals 1. Elephants or not? … Namosi, Vatukoula ✔ 2. Location … ‘ Rim of Fire Fire’ ✔ 3. Geological structure for concentration of fluids ✔ 4 Ability 4. Abilit tto economically i ll minei ✔ 5
Slide 11: Target - world class porphyry Cu-Au model
Target g – world class p porphyry Cu-Au model p y y Cu- For personal use only Cross section 11
Slide 12: Geopacific - Exploration for Elephants
Geopacific – Exploration for Elephants For personal use only Tools available; 1. Surface Exploration Techniques ◦ Geochemistry, Mapping, Sampling, Trenching etc ◦ Local experienced team and base in Nadi 2. Gravity, Magnetics, Radiometrics ◦ Regional surveys 3. State of the art deep-looking geophysic
Slide 13: Project Overview - lots of signals
Project Overview - lots of signals For personal use only West Coast Viti Levu 1 1. Nabila – up to 313g/t Au (10 oz/t Au) in 1m channel samples, up to 138.3g/t gold (4.46 oz/t Au) in drill core. Large alteration system plus 2km long. 2. Nadi South (Togo, & Red Hills) - 35m at 6.60g/t Au and 50m at 3.
Slide 14: Resistivity and Conductivity - ZTEM/VTEM
R i i i and Resistivity dC Conductivity d i i – ZTEM/VTEM For personal use only Resistivity; y; ZTEM maps resistivity contrasts which can define g to depths mineralised alteration targets p of about 1.5km Specifically seeks alteration (silicification, sulphides) caused by mineralisation events (
Slide 15: Target - world class porphyry Cu-Au model
Target – world class porphyry Cu Cu--Au model ZTEM looks for large, deep targets For personal use only Cross section 15
Slide 16: Project Locations
Project Locations “corridor” of epithermal deposits For personal use only • Gravity highs are collapsed/eroded ll d/ d d calderas ld • epithermal Au deposits in NE trending corridor • Namosi PCD outcrops in relatively deeply eroded southern th Fiji Nabila • Geopacific has excellent ground holding 26
Slide 17: ZTEM & VTEM Survey areas
ZTEM & VTEM Survey areas For personal use only Faddy’s Gold Deposit 17
Slide 18: Plan B ZTEM inversion depth map
Plan B ZTEM inversion For personal use only showing a depth map at -475 metres deep A resistivity anomaly oriented north- north-south is located between the Faddy’ Faddy’s Deep resistivity Dee resisti it G ld D Gold Depositi ((near surface f anomaly detected Au, Pb, Zn and Ag) with by ZTEM may miner
Slide 19: Faddys - Mistry area IP anomalies
Faddys – Mistry area IP anomalies For personal use only Faddys Depost ZTEM anomaly -475m deep ZTEM anomaly -72m deep 19
Slide 20: Nuku Project Location
Nuku Project Location “corridor” of epithermal deposits For personal use only Nuku • 30km north of Namosi • Intrusive and sediments typical of skarn and high- level portions of PCDs Nabila • Mineralised iron skarns id ifi d with identified i h gold, ld copper, silver and zinc • Magnetic anomalies kn
Slide 21: Nuku - VTEM anomalies and ground follow-up success
Nuku – VTEM anomalies and ground follow- follow-up success For personal use only 21
Slide 22: Cakaudrove - A new target area
Cakaudrove – A new target area For personal use only Why Cakaudrove? Mt Kasi Au pp • New tenement application deposit in eastern Vanua Levu • Promising geology and alteration • Regional fault structures • Known surface Au and pyrite mineralisation with limited modern follow-up • In ‘epithermal corri
Slide 23: Cakaudrove South East ZTEM anomaly
Cakaudrove South East ZTEM anomaly For personal use only 23
Slide 24: Budget months - drilling the elephant
Budget 6 months – drilling the ‘elephant elephant’ ’ For personal use only April-September 2011 Budget (Australian dollars) Ad i i t ti Administration (S (Sydney) d ) $139K 15% Travel/accommodation/salaries $184K 20% Drilling testing (2 (2,000 000 metres) $340K 37% Ground exploration/assays $248K 27
Slide 25: Exploration - Going forward
Exploration - Going forward For personal use only Current evaluation of best ZTEM/VTEM targets using new software f and best qualified f geophysicists Drill rig in Fiji and available to start post Easter New drill rods for deep drilling arriving in Fiji mid-April Drill testing (600m hole) at
Slide 26: Geopacific - Good reasons to Invest
Geopacific – Good reasons to Invest For personal use only “Elephant” Elephant deposit potential. potential Is there a deep Wafi? Management and Board with commercial and technical history of success Board and management have skin in the game - insiders +50% ownershipp – investors and managers
Slide 27: Contact Details
Contact Details ASX:: GPR ASX For personal use only Tim Biggs (Chairman) Dr Ian Pringle (MD) Level 4/425 Elizabeth Street, Surry Hills. (PO Box 477) Tel 02 8622 1691 Fax 02 8622 1694 Email ianp@geopacific.com.au 27
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