Coppermoly Limited · ASX:COY
Coppermoly — Queensland Exploration Council (February 2014)
21 slides from Coppermoly's conference presentation, Feb 26, 2014
Slide 1: Coppermoly: Emerging Copper Gold Developer
For personal use only Coppermoly Emerging Copper Gold Developer
Slide 2: Disclaimer
Disclaimer For personal use only 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
Slide 3: Capital Structure
Capital Structure For personal use only Listed on ASX and POMSOX (PNG). Shares on issue (undiluted) 264 M Options (unquoted) 5c, Feb 2016 2M Market Cap (@2.5cps) $5.276 M Top 10* 60% Top 20 70% Top 50 80% Directors and associates 6 M shares (approx.) *Top 10 is almost entirely high net worth mining
Slide 4: Overview
Overview Coppermoly is a copper company focused on development of its copper resources on New Britain Island in Papua New Guinea . For personal use only West New Britain 3D Fly-through OBJECTIVE BY SEPTEMBER 2014: 60-100 Mt at 1% Cu(Eq) BY DECEMBER 2014: COMMENCE DEVELOPMENT STUDY PHASE Key Project
Slide 5: Value Proposition
Value Proposition Emerging copper developer and producer in PNG For personal use only STRATEGIC PLAN FOR FAST TRANSITION FROM EXPLORER TO DEVELOPER Short-term: Progress the Nakru project to feasibility and development Medium-term: Expand the Simuku project into a world scale copper porphyry project
Slide 6: Experienced Team
Experienced Team Geology, project development, engineering, metallurgy, corporate, finance. For personal use only Mr Tom Revy (Non Executive Chairman) BAppSc, GradDipBus, MAusIMM 30 years’ experience in the international mining industry including operations within PNG, project development, and corpo
Slide 7: The Right Address
The Right Address Papua New Guinea famous for large copper and gold deposits For personal use only People: Well trained / educated workforce. Strong experience in the resources industry. GDP: (2012): $15.65B, Growth rate (2012) 8%. “Stronger macroeconomic management in recent years (has seen) the lo
Slide 8: Kimbe – excellent infrastructure
Kimbe – excellent infrastructure The Company’s base of operations located only 20-80km from project areas For personal use only Provincial capital, seat of provincial government Semi-industrial town, with well developed local infrastructure Has serviced large palm oil and forestry industries for dec
Slide 9: Highly prospective area
Highly prospective area Very focused, strategic land position - creating a new mineral province For personal use only Easy topography (200m to 800m) Excellent community relations Road access between project areas and to infrastructure Coppermoly holds some of the earliest and most prospective explor
Slide 10: The Nakru Exploration Licence
The Nakru Exploration Licence JORC Resource already identified. Numerous exploration targets remaining. For personal use only Plesyumi (separate to the west) – part of the Nakru EL. Known historical target – never been drilled.
Slide 11: Nakru
Nakru Target: increase and upgrade the total resource to 60Mt - 100Mt @ 1% Cu (Eq) For personal use only Geochemistry Extensive soil anomalies of Cu, Au, Zn Cu in rock chips ranges from 2.2% up to 24% Trench samples: 5m@3.9% Cu, 5m@1.9% Cu, 25m@1.44% Cu Geophysics 3DIP survey conclusively identified
Slide 12: Nakru: Confident of resource extension
Nakru Confident of resource extension Recurring, substantial high-grade drill intersections For personal use only NAKRU-01: Only 5,454 metres drilled to-date also intersected near surface mineralisation extending to depth. BWNBDD0001: 213.8m at 0.92% Cu BWNBDD0008: 23.5m at 1.3% Cu 20.6m at 0.94% Cu
Slide 13: Nakru-01
Nakru-01 Near surface mineralisation Current resource remains open laterally and at depth For personal use only 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
Slide 14: Nakru-02
Nakru-02 Exceptional surface geochemistry and geophysics coincides with drill intersections For personal use only 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
Slide 15: Nakru-02: Recent rock chip sampling
Nakru-02 Recent rock chip sampling reconfirms and extends likely mineralisation For personal use only • More exceptional rock chip assays • Mineralisation may extend another 400 metres to the west • Possible strike length now 800 metres
Slide 16: Simuku
Simuku A second JORC Resource - supporting long-term growth Large Cu-Mo porphyry system over 4 sq km strike and >800m depth For personal use only 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:
Slide 17: Makmak
Makmak A new, additional prospect to the south and west of Nakru For personal use only Visible Copper and Gold Significant Magnetic Geophysical Anomalies
Slide 18: Target Development Schedule
Target Development Schedule Aggressive drill program to increase the resource by over 150% For personal use only Q4 2013 Drill 2 holes at Simuku Q1 2014 Drill 4 holes focusing on the Nakru-02 Continue drill program at Nakru-02 (up to 8 additional holes) Drilling of the eastern extension and infill h
Slide 19: Strong Local Support
Strong Local Support Mutually respectful relationship with the communities For personal use only • 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 maintai
Slide 20: Coppermoly will achieve
COPPERMOLY WILL ACHIEVE Rapid value uplift and capital gain in the short-term Substantial return on investment in the medium and long term For personal use only because it has: • Advanced high grade projects in a strategic region dominated by the majors. • Resources and mineralisation open laterally
Slide 21: Notes
Notes: For personal use only • 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 Stephen Godfrey, a Competent Person who is a Member of the Australasian Institute of Mining
Coppermoly — Queensland Exploration Council (February 2014) on 6ix