Slide 1: Presentation at Mining Aust-Asia Conference, Brisbane
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 ASX Code: COY 17 July 2008 PRESENTATION AT MINING AUST-ASIA CONFERENCE, BR
Slide 2: Mining Aust-Asia 2008 Presentation
For personal use only MINING AUST-ASIA 2008 PRESENTATION
Slide 3: Summary
Summary For personal use only • Corporate Overview • Company Highlights • Simuku Copper-Molybdenum Project • Mt Nakru Copper-Gold Project • Summary
Slide 4: Corporate Overview
Corporate Overview For personal use only Listed on ASX January 2008 (Raised $8M) Code: COY Shares on Issue 82,015,288 Listed Options (entitlement issue) 20,503,822 Unlisted Options 8,400,955 Fully Diluted Shares on issue 110,920,065 Share Price 8.5 cents Market Capitalisation $6,971,299 Market Cap –
Slide 5: Experienced Board of Directors
Experienced Board of Directors For personal use only Bob McNeil – Chairman, (46 years industry experience). Chairman of NGG, Macmin Silver, Frontier Resources and Golden Tiger Resources Peter Swiridiuk – Managing Director, (18 years experience). Middle East, Mexico, PNG, Solomon Islands, Cyprus and
Slide 6: Company Highlights
Company Highlights For personal use only • Coppermoly holds title to two large and well defined copper/gold/molybdenum systems (Simuku and Mt Nakru) • Coppermoly is in an excellent geological environment • PNG hosts large copper/gold/molybdenum ore bodies and deposits • Projects close to required in
Slide 7: Papua New Guinea
For personal use only Papua New Guinea
Slide 8: Company Highlights cont..
Company Highlights cont.. For personal use only • Projects are advanced, not early or “grassroots” • Mineralisation already defined by 60 drill holes & 40km’s of trenching • Three drill rigs secured • Drilling programme well underway at Simuku with over 1,000 meters drilled since ASX listing - resul
Slide 9: Excellent Locations for Development
Excellent Locations for Development For personal use only • Road access to two projects. • Deep water port at provincial capital of Kimbe. • Good local infrastructure and relatively easy logistics. • Topography not extreme (200m to 800m elevation) • Landowners work on projects
Slide 10: Coppermoly Project Access Area
Coppermoly Project Access Area For personal use only
Slide 11: Why Copper?
Why Copper? For personal use only Substantial increases in copper price and corresponding decrease in world copper stocks. The Coppermoly properties are now very attractive for resource definition. 5 Year Copper Stockpile
Slide 12: Molybdenum the Perfect Investment
Molybdenum the Perfect Investment For personal use only • Molybdenum prices have steadily climbed. This is in stark contrast to the price of US$3 during the 1990s. • With a strong world demand for steel products, molybdenum consumption and the metal’s price have been on upward trends. Molybdenum Use
Slide 13: Financial Copper Model
Financial Copper Model For personal use only Austgold’s Desktop Study: Hypothetical porphyry copper deposit: 200Mt at 0.36% copper and 0.47g/t gold • Copper price: US$2.80/lb (currently $3.75) - NPV US$1 billion • Gold price: US$640/oz (currently $650) - IRR 54% GENERATED - Cash flow US$2.6 billion
Slide 14: New Britain – New Copper-Molybdenum Province
New Britain – New Copper-Molybdenum Province For personal use only
Slide 15: Simuku Copper-Molybdenum Project
Simuku Copper-Molybdenum Project For personal use only Copper over 5km x 1.0 to 2.2 km Drill Results – 14 holes • 41m at 0.64% copper • 63m at 0.52% copper • 19m at 0.32% molybdenum Trench Results – 20km • 14m at 1.03% copper and 0.26 g/t gold • 200m at 0.75% copper • 63m at 0.47% copper incl. Trenc
Slide 16: Simuku Project
Simuku Project For personal use only Mineralised System within a 15 km diameter volcanic rim Elevation 300m Elevation 300m Elevation 2000m PANGUNA OK TEDI COPPER GOLD COPPER GOLD SYSTEM SYSTEM 944Mt at 0.48% 663Mt at 0.76% Copper, 0.56g/t Gold Copper and 0.85g/t and 3g/t Silver(1972) Gold (2003) Sim
Slide 17: Simuku Copper/Molybdenum Large Molybdenum Zone
Simuku Copper/Molybdenum Large Molybdenum Zone • 3 km x 500m within larger copper For personal use only zone Silicified Ridge Line
Slide 18: Simuku Project
Simuku Project For personal use only 1. Over 20 drill holes 2. Over 20kms of bulldozer trenching 3. Drill Targets Defined
Slide 19: Molybdenum - Results Comparison
Molybdenum - Results Comparison For personal use only Henderson Moly Mine - USA - 160Mt at 0.24% Mo - 1000m deep, 5m to 30m wide Boss Mountain – Canada - 7.5Mt at 0.20% Mo Simuku Drilling Results • 19m at 0.32% Mo, including 7m at 0.6% Mo Simuku Trench Results • 87m at 0.12% Mo • 6m at 0.34% Mo • Mi
Slide 20: Simuku – 0.5% Copper in Trench
Simuku – 0.5% Copper in Trench For personal use only
Slide 21: Simuku Access Track
For personal use only Simuku Access Track
Slide 22: Simuku Development Schedule
Simuku Development Schedule For personal use only Task Date Staffing arranged February 2008 Heavy machinery and vehicles March 2008 commissioned Track access begins March 2008 Drilling/Trenching begins April 2008 Additional drilling rigs commissioned June 2008 Releasing assay information July 2008 –
Slide 23: Coppermoly Projects: Nakru
Coppermoly Projects: Nakru For personal use only
Slide 24: Nakru Copper-Gold Project
Nakru Copper-Gold Project For personal use only Nakru Drill & Trench Results Twelve Drill Holes Only ¾ 74m at 0.78% copper ¾ 94m at 0.43% copper and 0.46g/t gold ¾ 205m at 0.4% copper Ten kilometers of trenching • 23m at 1.43% copper • 4m at 6.6% copper • 205m at 0.8 g/t gold • 55m at 4.79 g/t gold
Slide 25: Nakru: Potentially Large System
Nakru: Potentially For personal use only Large System Trenches: • 55m at 4.79 g/t Au, incl 15m at 16.01 g/t • 45m at 2.50 g/t Au Drilling: • 94m at 0.46 g/t Au & 0.42% Cu • 74m at 0.78% Cu
Slide 26: Nakru Summary and Target Map
Trench Intersection 4. Outerop rock chip sample vA Greater/equal 0.05 g/t Au in soil / Breccia target defined by trenching & drilling Structures interpreted from magnetics, airphotos & topography / ! SoA / \ 2 17.0% Cu 0.3% Cu 25m @ 1.44% Cu, Sy N ~\ xX! incl 15m @ 2.15% Cum, NO ' \ ! 19.9% Cu NAKRU
Slide 27: Nakru 1 - Proposed Stage Drilling
NAKRU1 - Proposed Stage 1 Drilling— METRES 39500. (o) AK 010, 011, AND 012, Proposed Drill Hole Trench/ Track Rhyodacitic volcanics Plus 0.1g/t Au, 300 ppm Cu, 30 ppm Mo, 100 ppm As in soil (generalised) Plus 0.5 g/t Au in trench Drill hole with trace A 15m @0.75 git Gold B 24m @0.56 git Gold C 95m
Slide 28: Nakru Cross Section
Nakru 1 Cross Section For personal use only
Slide 29: Nakru – Mineralised breccia
Nakru – Mineralised breccia For personal use only
Slide 30: Nakru – Terrain
For personal use only Nakru – Terrain
Slide 31: Nakru Development Schedule
Nakru Development Schedule For personal use only Task Date Landowner negotiations completed May 2008 Heavy machinery commissioned May 2008 Track access begins June 2008 Set-up camps June 2008 Trenching begins July 2008 Geophysical surveys August 2008 Commence drilling August 2008 Evaluate all result
Slide 32: Summary
Summary For personal use only • Large copper and molybdenum systems • Drill rigs secured and drill programme well underway • Significant amounts of drilling and trenching previously completed • Excellent infrastructure • Excellent Board and management team
Slide 33: 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 34: For personal use only
For personal use only • The information in this presentation that relates to Exploration Results is based on information compiled by Peter Swiridiuk, who is a Member of the Australian Institute of Geoscientists. Peter Swiridiuk is employed by Coppermoly Ltd. •Peter Swiridiuk has sufficient experienc