Coppermoly Limited · ASX:COY
Coppermoly — Shareholder Meeting (November 2013)
22 slides from Coppermoly's shareholder meeting presentation, Nov 12, 2013
Slide 1: Coppermoly: Emerging Copper Gold Developer
Coppermoly Emerging Copper Gold Developer
Slide 2: Disclaimer
Disclaimer This document is not a prospectus or a product disclosure document nor does it constitute the provision of financial product advice. No representation or warranty is made as to the accuracy, completeness or reliability of the information. The information is provided expressly on the basis
Slide 3: Corporate Structure
Corporate Structure Capital Structure Shares on issue (undiluted) 211 M Market Cap (@2.5cps) $5.275 M Top 20 65% Top 50 75% Directors and associates 6 M shares (approx.) Top 10 Shareholders (as at 12 November 2013) Jelsh Holdings Pty Ltd (and associates) 26.678% HSBC Custody Nominees (Australia) Lim
Slide 4: Experienced Team
Experienced Team Mr Tom Revy (Non Executive Chairman) BAppSc, GradDipBus, MAusIMM 30 years’ experience in the international mining industry including operations within PNG, project development, and corporate positions. Mr Maurice Gannon (Managing Director) BSc, GAICD, FCIS, AFAIM, MAusIMM Over 25 ye
Slide 5: Value Proposition
Value Proposition Emerging copper gold developer and producer in PNG Well defined strategy – fast transition from explorer to developer / producer Short term – move Nakru project areas into feasibility and development Medium term - expand the Simuku Inferred Resource from 200Mt at 0.36% Cu into a wo
Slide 6: Summary
Summary Company Overview Coppermoly Limited is an ASX and POMSOX (PNG) listed copper company focused on the development of its Nakru copper project on New Britain Island in Papua New Guinea. Key Project – Nakru The Nakru Project is high grade open pittable copper. Current JORC Inferred Resource 38.4
Slide 7: Summary - Continued
Summary - Continued Majority Control Coppermoly now holds 51% and directly manages all exploration. Gaining 100% ownership Reacquisition agreement allowing Coppermoly to restore 100% ownership has been executed. $1.3M in August 2014 = 72% $3M in August 2018 = 100% Other Prospects Simuku: Inferred Re
Slide 8: Papua New Guinea
Papua New Guinea Relevant Background Population: 7.2 million. Benefit: well trained / educated workforce available – strong experience in the resources industry. GDP (2012): $15.65B, growth rate (2012) 8%. “Stronger macroeconomic management in recent years has turned a series of positive external in
Slide 9: Papua New Guinea – the right address
Papua New Guinea – the right address Famous for Large Copper and Gold Deposits
Slide 10: New Britain Island – highly perspective area
New Britain Island – highly perspective area Coppermoly holds focused, strategic land position Easy topography (200m to 800m) Supportive landowners Easy road access between project areas and to infrastructure Coppermoly holds some of the earliest and most prospective exploration licences on New Brit
Slide 11: Kimbe – infrastructure and base of operations
Kimbe – infrastructure and base of operations Located approximately 20-80km from project areas Provincial capital, seat of provincial government Semi-industrial, with well developed local infrastructure Large palm oil and forestry industries Deep water port Port at Kimbe National roads, utilities an
Slide 12: Geological Summary – Nakru
Geological Summary– Nakru High grade, VMS / epithermal mineralisation Geochemistry Extensive soil anomalies of Cu, Au, Zn Cu in rock chips ranges from 2.2% Cu up to 19.9% Cu Trench samples: 5m@3.9% Cu, 5m@1.9% Cu, 25m@1.44% Cu Geophysics 3DIP survey conclusively identified chargeability anomalies at
Slide 13: Nakru 1 – near surface mineralisation
Nakru 1 – near surface mineralisation Current resource open at depth and laterally Inferred Resource: 38.4Mt at 0.61% Cu + 0.28 g/t Au + 1.80 g/t Ag (0.2% Cu cut-off) 21.6Mt at 0.81% Cu + 0.39 g/t Au + 1.81 g/t Ag (0.5% Cu cut-off) Additional drilling required to define tonnage of upper supergene co
Slide 14: Confident of Resource Extension at Nakru
Confident of Resource Extension at Nakru NAKRU2 3 holes to-date. 1,052 metres drilled (near surface mineralisation) NAK02-01: 51.7m at 1.21% Cu including 27.7m at 1.90% Cu and 6.7m at 3.8% Cu NAK02-02: 73m at 0.96% Cu including 26m at 1.65% Cu BWNBDD0003: 64m at 0.59% Cu including 10.2m at 1.59% Cu
Slide 15: Exceptional Surface Geochemistry
Exceptional Surface Geochemistry Numerous percentage grades of copper and zinc in rock chips A bulldozer trench interval of 88.7m at 1.2% Cu including 19m at 4.3% Cu A historical rock chip from the same trench graded 19% Cu Another trench intersected 18m at 0.92% Cu
Slide 16: Numerous Additional Targets
Numerous Additional Targets Plesyumi (separate to the west) – part of the Nakru EL. Known historical target – never been drilled.
Slide 17: Simuku – supporting long-term growth
Simuku – supporting long-term growth Large Cu-Mo porphyry system over 4 sq km strike and >800m depth Inferred Resource: 200 Mt at 0.36% Cu + 61ppm Mo + 0.06g/t Au + 2g/t Ag SMD19: 18m at 1.0% Cu from 18m depth SMD10: 58m at 0.53% Cu from 24m depth SMD14: 14m at 0.42% Mo from surface Talelumas EL nor
Slide 18: Makmak
Makmak Additional prospect to the south and west of Nakru Visible Copper and Gold Significant Magnetic Geophysical Anomalies
Slide 19: Target Development Schedule
Target Development Schedule Aggressive drill program to increase the resource by over 150% Q4 2013 Drill 3 holes focusing on the Nakru2 Drill 2 holes at Simuku Q1 2014 Continue drill program at Nakru2 (up to 8 additional holes) Drilling of the eastern extension and infill holes at Nakru1 Commence pr
Slide 20: Strong Local Support
Strong Local Support Mutually respectful relationship with the communities • Continuous presence in West New Britain since early 2008. Coppermoly listed on the POMSOX stock exchange since November 2008. • Copper Quest PNG Ltd, our PNG operating company, cultivated and maintained long-standing and so
Slide 21: Why Invest in Coppermoly?
Why Invest in Coppermoly? COPPERMOLY HAS: • Advanced high grade project in a strategic region dominated by the majors • Mineralisation open laterally and at depth, targeting resource expansion to 60- 100Mt at > 1% Cu (Eq) • Multiple, complimentary advanced exploration targets • Recently regained man
Slide 22: Notes
Notes: • The information in this announcement that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves for Nakru-01 is based on information compiled by Mr Stephen Godfrey, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Mr