Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — Shareholder Meeting (November 2024)
20 slides from Golden Cross Resources's shareholder meeting presentation, Nov 20, 2024
Slide 1: Golden Cross Resources Ltd AGM Presentation
Golden Cross Resources Ltd ASX: GCR AGM PRESENTATION 20 November 2024 Authorised by: Jordan Li – Executive Chairman Contact: jordan.li@goldencross.com.au Tel: +612 8379 5705
Slide 2: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Golden Cross Resources Ltd and its projects, are forward-looking statements. When used in this presentation, the words such as “could”, “plan”, “estimate”, “expe
Slide 3: Main Exploration Projects
Main Exploration Projects COPPER HILL (NSW) • Macquarie Arc volcanic belt/Lachlan Fold Belt • Ordovician Porphyry Cu / Au • Cadia, Nth Parkes styles BURRA (NSW) • Cobar Basin Cu / Zn / Pb / Au ISA PHOSPHATE (QLD) • Phosphate / Uranium / REE
Slide 4: Flagship Project: 100% owned Copper Hill
Flagship Project : 100% owned Copper Hill Porphyry-copper-gold within Macquarie Arc volcanic belt in the Lachlan Fold Belt region Well established mineral province for Gold and Copper • 50 kms north of Cadia Gold Mine • 60 kms south of Boda Gold-Copper Prospect and the Kaiser Gold-Copper Prospect
Slide 5: Copper Hill Project
Copper Hill Project Copper-Gold Mineralisation - JORC 2012 Mineral Resource Estimate - September 2022* • 31% of the total 2022 MRE classified as Measured Resource • 148 million tonnes - 0.32% copper and 0.28 grams/tonne gold with 0.2% copper only cut-off • 42 million tonnes - 0.13% copper and 0.28 g
Slide 6: Copper Hill Project: Planned Work Programs at EL6391
Copper Hill Project Current Planned Work Programs at EL6391 (subject to financing) Exploration techniques to detect subsurface intrusive systems, structural frameworks and potential mineralisation pathways. BF0 Geophysics: Generation of gravity data (December 2024/March Qtr 2025) • First stage 400m
Slide 7: Copper Hill Project: Planned Work Programs (continued)
Copper Hill Project Current Planned Work Programs at EL6391 (continued) Geochemistry: Soil Sampling (March/June 2025 Qtr) • Modern analytical techniques provide geochemical data missing from historical work, that could provide vectors to mineralisation. Resource Evaluation (2H 2025) • Resource block
Slide 8: Copper Hill Geology
Copper Hill Geology • MGA NW NS and EW structures recognised • Multiple intrusive phases • Dacite porphyries • Related Volcanics and sediments • 5km MGA NW corridor with mineralisation potential
Slide 9: Copper Hill Magnetics
Copper Hill Magnetics Significant Magnetic Features • 5km long MGA NW corridor • Magnetic lows reflect alteration • Several nearby targets
Slide 10: Copper Hill – Exploration Targets
Copper Hill – Exploration Targets Prospects and IP Chargeability - Chargeability highs reflect pyrite
Slide 11: Copper Hill – Local position
Copper Hill – Local position • Undulating topography • Close to Molong township • Adjacent to Mitchell Highway • Disused Molong-Dubbo railway connects to main western line to Sydney • Power – 132 Kv substation within 5km
Slide 12: Copper Hill Infrastructure
Copper Hill Infrastructure • A ‘hill’ standing in valley • Disused Molong-Dubbo railway to Sydney • Adjacent to Mitchell Highway • GCR Field base on Highway • Freehold Land • No specific environmental issue
Slide 13: Copper Hill – Exploration Targets
Copper Hill – Exploration Targets • Prospect Locations along 5km NW Trend • Drilling by type • 2022 optimised pit outline
Slide 14: Copper Hill Cross Section 5600N
Copper Hill Cross Section 5600N • 400m wide mineralised envelope • High grade near surface zones • Hill profile gives very low strip ratio • Open at depth • Copper Hill Intersections include:- o CHRC-581 256m @ 0.67% Cu 1.06g/t Au from 32m (0.2% Cu cutoff) • incl 65m @ 0.81% Cu 2.43g/t Au from 32m (
Slide 15: Copper Hill 2022 Block Model
Copper Hill 2022 Block Model 2022 resource model blocks > 0.2% Cu or 0.2 g/t Au and 2022 pit shell (brown) used to constrain resource • Higher grade Copper Hill Central zone (41MT @ 0.43 % Cu and 0.53 g/t Au using 0.4 CoG – next slide) • Exploration potential at depth below the 2022 optimised report
Slide 16: Burra Project – Cobar NSW
Burra Project – Cobar NSW • Pole Dipole Induced Polarisation (PDIP) Geophysical Survey - July 2024 • Results to be released once available
Slide 17: Burra Project – Cobar NSW
Burra Project – Cobar NSW Pole Dipole Induced Polarisation (PDIP) Geophysical Survey - July 2024 Trial PDIP Line Locations Trial PDIP Line Locations [showing prospects, and interpreted trend lines] [showing electrode locations]
Slide 18: Golden Cross Tenements
+{ Golden Cross Tenements TEN # GRANT . IV Expiry Area . TENEMENT NAME EL Holder Status DATE 2 Commodity Partner -. Date km EPM Original INEW SOUTH WALES Copper Hill 6391 GCO. Current 10-Mar-05 = 10-Mar-25 95 Copper, Gold, Silver, Molybdenum Burra 7389 GCcO Current 20-Aug-09 20-Aug-27 14 Copper, Lea
Slide 19: Top shareholders on August 2024
Golden Cross Resources Ltd Top 20 shareholders on 28 August 2024 Holder Name No. Held % 1 709,537,330 64.66% HQ MINING RESOURCES HOLDING PTY LTD 2 OCEANIC UNIVERSAL LIMITED 60,449,590 5.51% 3 15,095,250 1.38% NELSON ENTERPRISES PTY LTD <CAVAN STREET A/C> 4 FN (NSW) PTY LTD <VAN DEN BERG FAMILY A/C>
Slide 20: Directors and Management
Directors and Management Directors • Jordan Li - Executive Chairman • Boris Patkin– Non-Executive • Yuanheng Wang – Non-Executive • Yan Li - Non-Executive • Kevin Lee – Non-Executive Company Secretary • Patrick Sam Yue Consultant Geologist • Bret Ferris www.goldencross.com.au Office Administrator/ U
Golden Cross Resources — Shareholder Meeting (November 2024) on 6ix