Great Southern Copper Plc · LSE:GSCU
Great Southern Copper — Investor Presentation (April 2022)
29 slides from Great Southern Copper's investor presentation, April 2022
Slide 1: Chile Focused Copper and Gold Exploration Investor Presentation
Chile Focused Copper and Gold Exploration Investor Presentation APRIL 2022 1
Slide 2: Disclaimer
Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th
Slide 3: Introduction
Introduction Chile focused exploration Experienced executive management company with strong discovery record Targeting large scale Cu-Au Rights to 100% owned projects – deposits San Lorenzo and Especularita Copper and Gold – strong near Raised c.£3.5m at IPO on LSE in and long-term market drivers De
Slide 4: GSC Value Proposition
GSC Value Proposition 1400 Copper Explorers Φ Data as of March 2022 Market Cap (USD)Φ 1200 # As of March 2022 140 Large Cu-Au resource 1000 ^ 100% ownership subject to option payments ⱡ SOLG website (M+I resources) 120 800 US$M Project San Lorenzo Alpala (SOLG) 100 600 New level: Good in-fill drilli
Slide 5: Copper and Gold – Strong Market Drivers
Copper and Gold – Strong Market Drivers COPPER is powering the clean energy transition • Electric vehicles (up to 4x more copper compared to internal combustion engine) • Solar panels, wind turbines, hydro and thermal energy • Electrical wiring and high-speed telecommunication devices • Infrastructu
Slide 6: Chile: Globally Significant Copper Mining Destination
Chile: Globally Significant Copper Mining Destination MINISTRO HALES (CODELCO) Leading Copper Mines • Largest producer and exporter of copper in Chile in 2020 CENTINELA* (ANTOFAGASTA MINERALS) (by 1000 metric tonnes) • Largest reserves of copper and 4th largest for gold RADIOMIRO TOMIC (CODELCO) • R
Slide 7: GSC in Chile
GSC in Chile Focussed Cu-Au exploration in premier Cu jurisdiction Targeting large scale porphyry style Cu-Au in coastal belt • Underexplored relative to Andean belt • Significantly lower cost relative to the Andean belt • Known large mines – Andacollo Cu-Au Two early-stage, large scale porphyry sty
Slide 8: San Lorenzo Cu-Au Project
San Lorenzo Cu-Au Project • Comprises Mining and Exploration Licenses covering 25,680 ha • Extensive historical mine workings for high grade Cu-Au, with placer Au workings • GSC work (mapping, sampling, trenching and diamond drilling) has discovered outcropping evidence of porphyry style Cu-Au miner
Slide 9: San Lorenzo Geology
San Lorenzo Geology • Exhibits characteristics of alkalic type porphyry Cu-Au systems • Cadia, Nth Parkes (Australia) • Characteristics include: • Clustered monzonitic porphyries • Calcic alteration core • Gold-rich mineralisation • Work by GSC (mapping, sampling, trenching, drilling) indicates mult
Slide 10: San Lorenzo Alteration
Outer Fracture zone San Lorenzo Alteration • Secondary target • Cu-Au in extensive fracture system. Clustered Monzonite zone • Primary target • Cu-Au in UST zone • Trenching in progress • Large zoned alteration system enveloping zones of clustered monzonitic porphyry stocks • Inner calc-potassic cor
Slide 11: San Lorenzo Rock Sample Data
San Lorenzo Rock Sample Data Rock Chip Assays Cu% Rock Chip Assays Au (ppm) Gold-rich porphyry Cu deposits: Cut-off % Cu Avg Cu % Avg Au g/t No Samples % above COG • San Lorenzo rock-chips exhibit pprox. 1:0.5 Cu:Au ratio 1 2.0 0.72 27 20 • 137 samples collected within priority ICP alteration zone •
Slide 12: San Lorenzo: Porphyry Style Cu-Au Mineralisation
San Lorenzo: Porphyry Style Cu-Au Mineralisation Oxidised (leached) Zone Secondary Mineralisation Sulphide Mineralisation Inner monzonite – UST zone Outer granodiorite zone Outer granodiorite zone 12
Slide 13: Outcropping over 4-5km of strike
Outcropping over Follow-up 4 - 5km of strike trenching evidence Discovery outcrop 1 4 sheeted fracturing FeOx/CuOx Sheeted fracturing FeOx/CuOx – selvage alteration on fractures 2 5 Cu-Mo veining in Stockwork mine dumps fracturing/veining 3 6 CuOx mineralisation in monzonites FeOx / CuOx mineralised
Slide 14: San Lorenzo: Trenching Phase I-II
San Lorenzo: Trenching Phase I-II Las Hermanas zone: Central zone: • CET009 confirms porphyry Cu-Au style • CET002 confirms broad zones of anomalous Cu-Au- mineralisation associated with monzonitic intrusives Ag mineralisation associated with sheeted fracturing • Broad zones of anomalous Cu and Au •
Slide 15: Porphyry Target Context (Scale/Grade/Depth)
Porphyry Target Context (Scale/Grade/Depth) A A’ San Lorenzo exhibits key elements (NW) (SE) of a significant porphyry style deposit • Multi-phase intrusions • Clustered porphyries (scale) • Zoned alteration system • Mineralisation at surface (depth) • Large-scale structures Drill Targets Issues to
Slide 16: Clustered Porphyry Stocks = Large Tonnage
Clustered Porphyry Stocks = Large Tonnage 5.5 km San Lorenzo, Chile Cadia Valley, NSW - Newcrest Mining • 3,100 Mt @ 0.25% Cu , 0.36 g/t Au (7.9 Mt Cu, 35 Moz Au)1 • Harris A; 2020 PDAC Presentation – Pursuit of Red Chris 2.5 km 2.3 km Cuerpo 3 Red Chris, Alaska - Newcrest Mining Cortadera, Chile –
Slide 17: Case Study: Cadia Valley – Newcrest Mining
Case Study: Cadia Valley – Newcrest Mining Current: 9.5 Mt Cu, 50 Moz Au Past: 1.5 Mt Cu, 11.8 Moz Au Cadia Hill San Lorenzo Sheeted veining 155 Mt @ 0.73 g/t 83 Mt @ 0.35 g/t 427 Mt @ 0.43 g/t 3 Bt @ 0.38 g/t Au, 0.38% Cu Au, 0.2% Cu Au, 0.21% Cu Au, 0.26% Cu ✓ Classic stockwork ✓ Sheeted vein syst
Slide 18: Especularita Cu-Au Project
Especularita Cu-Au Project • Mining and Exploration Concessions covering 13,779 ha • Extensive small-scale Cu-Au mining and processing • Giant litho-cap alteration system indicative of porphyry Cu deposits • Work by GSC indicates a district-scale mineralisation system – porphyry / skarn / epithermal
Slide 19: Especularita Geology
Especularita Geology • Remote sensing data has identified high priority targets, indicating a classic “litho-cap” at Especularita located 90km south of the Andacollo mine • Work by GSC confirms complete Porphyry – Epithermal system in place with lithocap footprint • The setting is found at the inter
Slide 20: Especularita – A Complete Porphyry - Epithermal System
Especularita – A Complete Porphyry - Epithermal System • Work by GSC (mapping, sampling) has identified multiple large-scale targets • Deposit type optionality • Porphyry Cu – Casa del Cobre, Emilia • Breccia-Porphyry – Gloria • Low sulphidation – Bonita, La Cruz • Limited to no historical explorati
Slide 21: Especularita – Alteration and Mineralisation
Especularita – Alteration and Mineralisation A District-Scale System Litho-cap zone Mesothermal- epithermal zone and breccias Porphyry Cu-Au zone 21
Slide 22: Exploration Timeline
Exploration Timeline Aug 2020 Feb 2021 Q4 2021 Q2 2022 H2 2022 H1 2023 Phase 1 trenching GSC plc Phase 2-3 trenching Phase 1 drilling IP / Gravity surveys Phase 2 drilling San Lorenzo registered San Lorenzo San Lorenzo Regional exploration San Lorenzo IPO 2020 2021 2022 2023 Mar 2020 Jul 2021 Q3 202
Slide 23: Board and Management
Board and Management Charles Bond • Corporate finance lawyer with over 25 years of experience and has worked with mining companies for the past 15 years • Partner in the London office of international law firm Gowling WLG (UK) LLP where he leads the UK firm's Natural Resources group Chairman and Equ
Slide 24: Board and Management
Board and Management Nick Briers • Over 25 years of experience in financial markets heading up Exchange Traded Derivatives sales desks at a number of tier 1 broking Non-exec Director houses, most recently at Tullett Prebon, now TPICAP, the worlds largest Inter Dealer Broker • Formerly a Non-Executiv
Slide 25: Great Southern Copper
Great Southern Copper • Chile Largest producer and exporter of copper • Jurisdiction Globally significant mining location • Copper and gold Strong market drivers • Two projects San Lorenzo and Especularita • 100% rights Leveraged for success. No NSR • Infrastructure Well placed near to coast • Scale
Slide 26: Appendices
Appendices Drilling at San Lorenzo project 26
Slide 27: Model for Alkali Porphyry Cu-Au Deposits
Model for Alkali Porphyry Cu-Au Deposits (Holliday and Cooke 2007) Ridgeway deposit, Cadia Valley San Lorenzo, West of Chincillon Fault 27
Slide 28: Junior Explorers in Chile
Junior Explorers in Chile *approximate market cap as at March’22 60 50 40 US$M 30 50.70 45.92 20 23.07 10 11.89 10.45 10.11 0 TORQ WCU RUG BMO CPO GSC 28
Slide 29: Contact us: info@gscplc.com
Contact us: info@gscplc.com Drilling at San Lorenzo project 29
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