Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — Investor Presentation (February 2005)
40 slides from Golden Cross Resources's investor presentation, February 2005
Slide 1: Golden Cross Resources Presentation February 2005
+4 -~ Golden Cross Resources Presentation February 2005 Chris Torrey Director- Exploration
Slide 2: GCR Today
GCR Today GCR is a gold and base metals explorer, searching in NSW for large deposits in highly prospective mineral belts, providing significant potential upside for the investor 207 million shares issued with 1400 shareholders Market Capitalisation $13 million Cash position $2.3 million
Slide 3: GCR Projects
ew Cufnamona ~Province SYDNEY stall BL GCR - Property > Ordovician Volcanics GCR Projects
Slide 4: Golden Cross Resources Project Locations
500 Km , a | Golden Cross Resources . . Project Locations
Slide 5: Elura and Cobar regional deposits
Elura Pre Mine Resource 45Mt @ 8.5% Zn, 5.3% Pb, 69 g/t Ag Geology Legend Pre Mine Resource S1Mt @ 3.21% Cu, 0.2% Pb 0.8% Zn, 22 g/t Au Current Reserves/Resources 4.2Mt @ 7.8% Cu, 29 g/t Ag Nurri Group Kopyic Group 11Nvd ANaNOON t nv it ‘ . Girilambone Group Great Cobar | New Cobar Occidental \S Che
Slide 6: Regional prospects near Mt Boppy
< to Cobar 48km fig ngMt Boppy | Gold Mine GCR EL 5842 Pipeline (Au-Ag-Cu-Pb-Zn) Glens Hill (Cu) | (9) FLoripa voicanics BALEDMUND Siltstone, sandstone, Limestone Sandstone, calcareous siltst. Carbonaceous siltstone Conglomerate VVV Unconformity GIRILAMBONE Undifferentiated sandstone, phyllite, cher
Slide 7: Mt Boppy Regional Magnetics
Mt Boppy < to Cobar 48km Sari EL 5842 Canbelego Regional Magnetics
Slide 8: Canbelego prospects and workings
| SERESAN BONE | GIRILAMBONE Locks Shaft 4 / (Au) FLORIDA VOLCANICS ® East Boppy Fractigle $ (Au) \} v Reid-Rankens ate] Wealth of Birthday Nations (au) Anticline Prospect Wat Native Dog Prospect IP Anomaly (Au-As-Sb) EL 5842 Mouramba Shaft (Au) # Historic Workings / Mines Q Geophysical Anomalies —
Slide 9: Mt Boppy magnetics map
Slide 10: Historic workings and structures
EL 5842 ® Historic Workings / Mines — Structures
Slide 11: Historic workings and structures
EL 5842 ————__—— ® Historic Workings / Mines — Structures
Slide 12: Bedrock Geochemistry Gold
EL 5842 — Structures GCR 29-11-04 ® > Historic Workings / Mines Bedrock Geochemistry Gold ppm @05 to 2 ©01 to 05 *0.05to 01 0 to 005
Slide 13: Bedrock Geochemistry Lead
EL 5842 > Historic Workings / Mines — Structures GCR 29-11-04 Bedrock Geochemistry Lead ppm @ 5,000 to 55,300 @ 1,200 to 5,000 © 600to 1,200 * 200to 600 Oto 200 * all others
Slide 14: ret
ret Ya .Y irthda / pr 0: pec : Canbelego
Slide 15: Mt Boppy drill holes and recent intercepts
Is Beate \ to Cobar 48km # North Boppy L \ GIRILAMBONE ® MPL240 ona Canbelego Township GLS5898, \ ou \ 500 m \ ah «a Open Pit \ 1 | dhl \ Mt Boppy oe. ae \\ Gold Mine 3255 | Historic Production aad . | \ 1Mtati2g9/tAu a BRL EP \| ae Recent Hole miecerfvier tantra | P| * | GCB-30 Wy \ | Canbelego ( |
Slide 16: Canbelego Project Longitudinal Section
South North GCR Ground Beneath ML311 cle POLYMETALS GL3255 x. extent of old Open Pit WY: Gold Mine @®) Old stopes I Drill hole piercement point Canbelego Project -O- Proposed drill holes LONGITUDINAL SECTION
Slide 17: Canbelego (NSW) Golden Cross (NZ)
Canbelego (NSW) Golden Cross (NZ)
Slide 18: Burra Regional Location
<— Cobar 48km Burra Pipeline (Au-Ag-Cu-Pb-Zn) Glens Hill (Cu) ima) FLORIDA VOLCANICS - BALEDMUND MN GIRILAMBONE 2) Workings Burra Regional Location
Slide 19: Burra Prospect
Burra Prospect Volcanic Rocks Block 51 —— en Prospect Sediments -O _ Recent GCR RC drill hole —® Diamond drill holes *e Shallow Percussion drill holes ©) copper in Soil Anomaly GER 35-1-05 (siltstones, conglomerates, carbonates)
Slide 20: Burra drill holes and anomalies
Recent GCR RC drill hole —@) Diamond drill holes * e! Shallow Percussion drill holes © ©opper in Soil Anomaly ©, MaBnenpEMoMely (urikested targets)
Slide 21: Burra Shaft
Burra Shaft eh 4 | te) =... © Mineralised Zone of Oxidation Metamorphic Rocks ———
Slide 22: CSA Mine / Burra Cross Section
Base of Oxidation - (a rae eee ed . WW \ i, WESTERN SYSTEM BS Cu Mineralisation @® Pb-Zn Mineralisation CSA Mine: 100 Pre-Mine Resource 51 Mt @ 3.21% Cu, 0.2% Pb, 0.8% Zn, 22 g/t Au Current Reserves / Resources 4.2 Mt @ 7.8% Cu, 29 g/t Ag EASTERN QTS NORTH SYSTEM CSA Mine / Burra ‘™ineralising fluid
Slide 23: Burra drill section
\ \ Devonian volcanic rocks N \ 12m @ 2.8% Cu \ incl. 6m @ 5.4% Cu Ordovician metasediments ——® Recent GCR RC drill hole “9 Nd Planned drill hole drill holes Magnetic Anomaly I 400 m F Cobar A
Slide 24: Moorkaie
Moorkaie Rock chip sample 14.6 g/t Pt, 5.6 g/t Pd, 18.6 g/t Ag, 1.32% Cu, 2.65% Ni GCR Hole GMO6 2m @ 10.9 g/t Pt, 23.6 g/t Pd, 0.94 g/t Au, 6.12% Cu, 4.45% Ni Gossan Sample 19.6 g/t Pt, 50 g/t Pd, j 0.57 g/t Au, 0.71% Cu,.~_# tied 0.34% Ni . —Mulga Springs wi- SE Little Darling Creek Rock chip samp
Slide 25: Moorkaie
| Moorkaie j Rock chip sample : 14.€ bse 5.6 g/t Pe _ " mie coset dae spall Mulga Springs | Ee maa Rock chip eer > Os¢ Red Hill] ees! = 1 ittie Broken | | Hill Gabbro |
Slide 26: Broken Hill Joint Venture
Broken Hill Township Line } 5 Broken Hill . JOINT VENTU ‘ ~ RE
Slide 27: TIP Schematic Section
NW THE TIP LINE OF LODE Globe-Vauxhall SZ Broken Hill Antiform Morgan St SZ A Main Shear Broken Hill ii | Hanging Wall Synform J Synform Sundown Grp \ Hores Gneiss Broken Hill Group Parnell Formation Wa Zn-Pb-Ag Mineralisation Rasp Ridge Gneiss Cues Formation ; 1000 m Alma Gneiss ————— Interpreted y
Slide 28: Drilling at Ola Sunny Corner Mine
Drilling at Ola Sunny. Corner Mine
Slide 29: Sunny Corner geology
ORDOVICIAN (_) Volcanic Rock Porphyry ® Historic workings SEDIMENTS | Péddy Lackey) 10 oF Aut] conga Wat 0 oF Au) \ Nevada Mine\ [110 tora Copper] “=< * Sunny Corner F Bulldog [au] Ila [Fe] PERMIAN SEDIMENTS 774 | Historic Production f te 5 million oz Silver } ss Au, £77 g/t Ag 42 Sm @ 0.8% Cu, 6.0
Slide 30: Bob's Creek Gold Soil Anomalies
-@) 12m @ 0.32 g/t Au @ Extensive gold anomaly 22M @ 0.21 g/t Au in soils we @ Hosted in intrusive porphyry 2) @ Shallow drilling returned broad zones of anomalous gold eo O Best soil anomalies yet to be drilled @ Potential for near-surface, structurally controlled gold resources in stockwork zones
Slide 31: Sunny Corner Section
West East 48 42 36 44 No.2 Re Open Cut CARBONACEOUS SILTSTONE SILTY CHERT | | COARSE VOLCANIC TUFF i Massive Sulphide Mineralisation SILTY CHERT 50m Sunny Corner SECTION 6302870N GOR O-11-06
Slide 32: Copper Hill Targets
iT) «a . ; Larras Lee follow-up Little Copper Hill Skarn . : Y, and untested 4 > ‘ Main >1 g/ | ESSE i RAB: Mineralised | Zone : a ~ \ 7 . Jem target (RAB) Untested magnetics 7 z ’ BS corridor with sheeted T ——V 9, | centreline quartz veining Drill spacing 500m (follow-up required) > wT) - oe | Unte
Slide 33: Copper Hill: Summary of Significant Drill Intersections
Copper Hill : Summary of Significant Drill Intersections HOLE East North From Intersection Gold Copper No. Gp) GD) iG) Gy) (743) (%) CHP-6 4825 5628 16 79 0.60 0.45 CHP-7 5405 5160 surface 50 0.91 0.56 CHP-9 5060 5030 surface 26 2.27 0.62 and 40 10 1,02 0.61 CHRC-1 4922 5585.5 surface 74 1.91 0.78 C
Slide 34: Regional Deposits Triako
Prospect pea nn ~PAina- 2awsrw YF That « he eats ieee W'S at Cif é . ph? WL lee >: Se oul - Fountaindale ‘¥ me G Be ; ‘ -". 4 ” * Sa ~ " a , o 4 . ) mo ~ : Maroonbah South - Pros ‘ ? by 3 ' ' { e GCR 30% Triako 70% ? @ Melrose Magnetic Anomaly host to recently discovered gold-bearing intrusion - 4 F
Slide 35: Fountaindale Gold Contours
Gold contours 400 ppb Au SF 200 ppb au FOUNTAINDALE —_ eikiaiiia e 2 e ae Prappos e Aircore drill hole —o RC drill hole —® Diamond drill hole Fountaindale Gold Contours
Slide 36: Peak Hill Longitudinal Section
tto Peak Hill Wyoming One 5.55 Mt @ 2.46g (440,000 oF New Drill Hole W Intersection (=| 17m @ 4.72 g/t Au Longitudinal Section —— VOLCANICLASTIC SEDIMENTS PELITIC SEDIMENTS Myalls United “Q Mineralisation Chlorite-talc schist Feldspar porphyry 4) Feldspar porphyry, sheared r Historic workings Shafts
Slide 37: McPhails Longitudinal Section
SS Se a i ee ee a ae} BS fide Mc Phails Longitudinal Section
Slide 38: Kempfield Project silver zones
/ | A ee rl ao Quarries at gt Silver Cut-o Zone Zone Tonnes Silver Barite BJ 2.45 McCarron 0 / Mather Quarries | 0 \TOTAL _ 3. Causeway Zone TOTAL 41.4 million ounces | ~ Mather | of Silver Zone - \ South Conglomerate Zone McCarron — Zone 500m —SS— Baritic horizons / Hill Zone Cargo a Ridgeway 42a |
Slide 39: Kempfield BJ Zone resource
Proposed Pit Boundary BJ Zone BJ RESOURCE (60 g/t cut-off) 2.45 Mt at 96 g/t Ag, 26% Barite 7.6 Moz Ag, 640,000t Barite Barium > 10% Silver > 60 g/t and Barite >10% Grade outline at 745mMRL SIMpPreld
Slide 40: Watch this space
Watch this space ® Projects to watch - Canbelego (high grade epithermal gold and copper) - Tip (another Broken Hill ? (Zn-Pb-Ag)) - Sunny Corner (intrusion hosted gold) - Copper Hill (Ridgeway target) - Fountaindale (intrusion hosted gold)
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