Coppermoly Limited · ASX:COY
Coppermoly — Investor Presentation (November 2011)
27 slides from Coppermoly's investor presentation, Nov 28, 2011
Slide 1: End of 2011 Presentations by Managing Director
ADDRESS PHONE PO Box 6965 +61(07) 5592 1001 Gold Coast Mail Centre FAX Qld 9726 Australia +61 (07) 5592 1011 EMAIL ABN 54 126 490 855 info@coppermoly.com.au WEBSITE www.coppermoly.com.au For personal use only ASX Announcement 28 November 2011 ASX Code: COY END OF 2011 PRESENTATIONS BY MANAGING DIREC
Slide 2: Major Copper-Gold Systems being Drill Tested
For personal use only “Major Copper‐Gold Systems being Drill Tested.” November‐December 2011
Slide 3: Disclaimer
Disclaimer For personal use only This document is not a 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 t
Slide 4: Value of Companies with Similar Projects
Value of Companies with Similar Projects For personal use only • Coppermoly: A$8m – PNG Copper Porphyry • Marengo Mining : A$203m – PNG Copper porphyry • Robust Resources: A$107m – Indonesia Copper • Intrepid Mines: A$576m ‐ Indonesia Copper and Gold • Exeter Resources: C$432m – Chile Gold and Coppe
Slide 5: Highlights
Highlights For personal use only • In an agreement with Barrick (PNG Exploration) Ltd, they have spent A$18m within two years on nineteen diamond drillholes for 9560 metres. At a spend of A$20M, Barrick will earn in a 72% interest in three Nakru and Simuku tenements. • Drilling is continuing at the
Slide 6: Company Overview
Company Overview (ASX:COY) For personal use only New Guinea Gold Corp (TSX‐V:NGG) 14% Vangold Resources Ltd (TSX‐V:VAN) 9% National Nominees Ltd 5.4% Barrick 4% Current Shares on Issue 149 million Share Price 6 cents Market Capitalisation $8 million Cash at Bank $1.6 M Top 20 Shareholders currently
Slide 7: Papua New Guinea – Highly Mineralised
Papua New Guinea – Highly Mineralised For personal use only COPPERMOLY Lihir ‐ 40 Moz AuEq Frieda ‐ 1060 Mt at 0.53% Cu, Simuku 0.29g/t Au 200Mt at 0.36% Cu Porgera – 25 Moz Au Ok Tedi – Yandera ‐ 663 Mt at 0.76% 667 Mt at 0.33% Cu Panguna – Cu, (Bougainville) 0.85g/t Au Wafi ‐ Golpu 944Mt at 0.48%
Slide 8: New Britain Island – Nakru and Simuku Projects
New Britain Island – Nakru and Simuku Projects • Vehicle access to deep water port at Kimbe For personal use only • Local infrastructure • Topography not extreme (200m to 800m) • Landowners support • Highly Prospective Copper Belt Topography SRTM Image Ok Tedi/ Frontier Drilling
Slide 9: Kimbe – Provincial Capital
KIMBE – PROVINCIAL CAPITAL For personal use only • Projects have access to deep water port at provincial capital of Kimbe • Large palm oil industry has developed local infrastructure Port at Kimbe Barrick Office
Slide 10: Highly Mineralised Kulu-Awit Copper Belt
Highly Mineralised Kulu‐Awit Copper Belt For personal use only
Slide 11: Nakru – Copper Gold System
Nakru 1 – Copper Gold System For personal use only 1. Geophysics Shows Large Tonnage Potential not fully Drill Tested. 2. 27 diamond holes for 5928m completed to date
Slide 12: For personal use only
For personal use only In accordance with Clause 18 of The JORC Code the reference to ‘Exploration Target’ in terms of target size and type should not be taken as an estimate of Mineral Resources or Ore Reserves. The statement referring to quantity and grade of the exploration target is based upon ex
Slide 13: Rotating 3D Model of Nakru-1 Mineralisation
Rotating 3D Model of Nakru‐1 Mineralisation For personal use only
Slide 14: Nakru Project and Targets
Nakru Project and Targets For personal use only • 31 diamond drill holes completed for 7253m at Nakru‐1, 2 and 4 • Geophysics and geochemistry used to discover these systems
Slide 15: Nakru - Copper-Zinc System
Nakru 2 ‐ Copper‐Zinc System 800m Diameter System – 3 Diamond Holes for 1053m For personal use only • Massive Sulphide copper lens: 6.8m at 3.8% Cu at 30m Depth • Drill tested with one deep hole by Barrick: 64m at 0.59% Cu at 141m depth. • From 290.1m depth: 4.9m at 13.6% Zn, 24.03 g/t Ag, 0.41 g/t
Slide 16: Simuku and Surrounding Talelumas Tenements
Simuku and Surrounding Talelumas Tenements 20km from Kimbe Deep Water Port For personal use only
Slide 17: Simuku Porphyry Copper Resource
Simuku Porphyry Copper Resource – Diamond Drilling of 37 holes for 10,248 metres For personal use only Nayam Cu Prospect Inferred Resource: • 200 million tonnes at 0.47% Copper • SMD19 intersected 93m Equivalent (0.3% Cu.Eq cut‐off) See at 0.59% Cu from 8m depth Notes. • Drilling intersects copper t
Slide 18: Continuing Drilling Programme
Continuing Drilling Programme For personal use only Diamond Drilling Rig – Nakru-1 Barrick Core Shed - Kimbe On-Site Core Shed – Nakru-1
Slide 19: Simuku: Drilling to over 1000m Shows a Very Large System
Simuku: Drilling to over 1000m Shows a Very Large System For personal use only
Slide 20: Queensland Copper-Gold Esk Trough Projects
Queensland Copper‐Gold Esk Trough Projects Farm‐in with (ASX:AIV) For personal use only 1. Coppermoly to spend A$0.5M on drilling and exploration within 1 yr. 2. Coppermoly may elect to earn‐in 51% with a total spend of A$3M in 3 yrs. 3. Coppermoly may elect to earn‐in 70% by spending a further A$3M
Slide 21: Queensland Copper-Gold Esk Trough Projects
Queensland Copper‐Gold Esk Trough Projects For personal use only Advanced Exploration completed 1. Diamond and Percussion Drilling 2. Airborne and Ground Geophysics 3. Soil and Rock chip Geochemistry 4. Alteration Mapping 5. Geological mapping Booubyjan Tenement 1. 9 sq.km of mineralisation 2. Drill
Slide 22: Historical Drilling Results at Booubyjan Tenement
Queensland Copper‐Gold Esk Trough Projects For personal use only Historical Drilling Results at Booubyjan Tenement Includes: Kakapo Prospect: • 88m at 0.47% Cu and 0.49 g/t Au from 38m depth • 1.8m at 2.12% Cu and 0.72 g/t Au from 40m depth Hinds Prospect: • 37.5m at 0.48% Cu and 0.66 g/t Au from 4.
Slide 23: Exploration Timetable
Queensland Copper‐Gold Esk Trough Projects For personal use only Exploration Timetable 1. Dec 2011: Soil Sampling 2. Jan 2012: Review geophysics 3. Feb 2012: Mapping and Sampling 4. Mar 2012: Ground 3DIP geophysics 5. Apr 2012: 2000m of Drilling 6. July 2012: Review all results 7. Sept 2012: Decisio
Slide 24: Board and Management with Experience
Board and Management with Experience For personal use only Dal Brynelsen – Non Executive Chairman, CEO of Vangold Resources Ltd (TSX:VAN), founding Director of Griffin Mining. Over 30 years experience in the mining industry. Peter Swiridiuk – Managing Director, 21 years experience with copper and go
Slide 25: Coppermoly Summary
Coppermoly Summary For personal use only • Drilling and exploration throughout 2011 and 2012 • Drilling to over 1000m confirms Simuku as a very large copper system • Drilling at Nakru testing for tonnage potential • All active projects are between a 1 and 4 hours drive from existing infrastructure i
Slide 26: Notes: Copper Equivalence
Notes: Copper Equivalence For personal use only • Mineralisation at Simuku consists of copper, molybdenum, gold and silver. • Copper equivalent values have been calculated as (Cu + (7.6 x Mo) + (7818 x Au) + (101.3 x Ag)) • The copper equivalent values for intersections are quoted in addition to ind
Slide 27: Notes
Notes: For personal use only • All stated intersections are weighted assay averages ([Sum of each total interval x grade] / Total length of intersection). • Barrick Drill core and rock samples were transported to the field camp site then to the Barrick base in the town of Kimbe. The drill core was l