SolGold PLC · AQUISUK:SOLGL
SolGold — Beaver Creek Precious Metals Summit 2014
30 slides from SolGold's conference presentation, September 2014
Slide 1: Emerging World-Class Copper Gold Discovery
EMERGING WORLD-CLASS COPPER GOLD DISCOVERY Nick Mather Executive Director Beaver Creek Precious Metals Summit 1 Sept 2014
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER These presentation slides (the “Slides”) have been issued by SolGold plc (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company, do not cons
Slide 3: Key Topics
Key Topics • Why Cascabel? It’s a Monster and it’s Rich • State Of The Art Exploration • Accomplished Responsible Operator • Ecuador is Mining Friendly • The Best is Yet to Come: Why SolGold is a Must have • Strong News Flow 3 WWW.SOLGOLD.COM.AU
Slide 4: Attractive Vital Statistics
Attractive Vital Statistics • 652.2 m shares on issue • Price @ 6.125p = market cap of £39.95m • Turns over like a sleepless investor 3.05m shares per day • Board holds 13.5% • Upside to a 1 Bt discovery gives leverage to success • Accomplished explorers • Ecuador to overhaul mining laws & tax struc
Slide 5: Why did we pick Cascabel?
Why did we pick Cascabel? Cascabel In Highly Endowed South American Andes Cu-Au Porphyry Belt Thick Oceanic Ridges are well endowed and distill slowly- big rich orebodies! Cascabel is located in the same continental belt as some of the world’s largest copper and gold porphyry deposits: • Cobre Panam
Slide 6: Port, Power, People and Transport
Port, Power, People and Transport • 4 hour drive from Quito • Elevation 1500m Cascabel • 200km from the deep water port of Esmeraldas • Power and water nearby • Local labor 6 WWW.SOLGOLD.COM.AU
Slide 7: Cascabel - In the Company of Giants
Cascabel - In the Company of Giants Chile is arid & porphyries exposed - Lots of them Ecuador is tropical, porphyries are concealed yet to be discovered! 7 WWW.SOLGOLD.COM.AU
Slide 8: Major South American Porphyry Deposits – Cascabel in Au-Rich Porphyry Field
MAJOR SOUTH AMERICAN PORPHYRY DEPOSITS – CASCABEL IN AU-RICH PORPHYRY FIELD Page 8 WWW.SOLGOLD.COM.AU www.solgold.com.au 8
Slide 9: State of the Art Exploration: Exploration Model
State of the Art Exploration: Exploration Model – Targeting Classic Porphyry Copper Deposits Geometry and zoned hydrothermal alteration typical of porphyry copper systems. Fluid flow and alteration controlled by steeply dipping structures, dykes and intrusive margins. SE NW 0 Volcanics Felspar-destr
Slide 10: Cu Geochem – Comparison to 2 Billion Tonne Porphyry
Cu Geochem – Comparison to 2 Billion Tonne Porphyry Cascabel Cu (Soils) Tujuh Bukit Cu (Soils) same scale Copper Geochemistry as extensive as Tujuh Bukit a World Class Copper-Gold Porphyry 10 WWW.SOLGOLD.COM.AU
Slide 11: Molybdenum an Accurate Locator for Porphyry Systems
MOLYBDENUM an accurate locator for Porphyry Systems Widespread Cu-Au-Mo Anomalies Illustrate Classic Porphyry Systems 11 WWW.SOLGOLD.COM.AU
Slide 12: Magnetics Shows 6 Porphyry Targets
MAGNETICS Shows 6 Porphyry Targets Alpala Cu-Au Porphyry Porphyry Target Multi-dataset support. Coincident Cu-Au-Mo-As + (Sb, Bi) Alteration Zonation (Spectral data) Magnetic highs overprinted by magnetite destructive alteration. Outcropping strongly mineralised porphyry quartz stockworks Regional T
Slide 13: Hole 8 Drilling into the Potassic Core
HOLE 8 drilling into the POTASSIC CORE WWW.SOLGOLD.COM.AU 13
Slide 14: Alpala – 6km2 Conductive Zoned System Focuses on Magnetic Core
ALPALA – 6km2 conductive zoned system focuses us on the magnetic core. Magnetic Spire 14 WWW.SOLGOLD.COM.AU
Slide 15: 552m @ 1.03% Cu and 1.05 g/t Gold in Huge Magnetic and Conductive Body
552 m @ 1.03% Cu and 1.05 g/t gold in a huge magnetic and conductive body 0 Km 1 Significant Significant Intersections from Intersections from CSD-13-005 Include: CSD-13-007 Include: • 1306m @ 0.62 % Cu, • 958m @ 0.40 % Cu, 0.54 g/t Au 0.17 g/t Au (from (from 24m to 1330m) 654m to 1612m) Including:
Slide 16: Copper Rich Sulphides – Hole 5
Copper Rich Sulphides – HOLE 5 1.7% Cu & 1.9g/t Au, US$188/t 16 WWW.SOLGOLD.COM.AU
Slide 17: Copper Rich Sulphides – Hole 5 2.97% Cu & 4.09 g/t Au
Copper Rich Sulphides – HOLE 5 2.97% Cu & 4.09 g/t Au, US$360/t! 17 WWW.SOLGOLD.COM.AU
Slide 18: Copper Rich Sulphides – Hole 7 1.20% Cu & 0.76 g/t Au
Copper Rich Sulphides – HOLE 7 1.20% Cu & 0.76 g/t Au, US$110/t! CSD-14-007 Drill Core – 1232.2m Silica - Chalcopyrite - Magnetite - (potassic alteration) 1.2% Cu & 0.76 g/t Au Coarse Chalcopyrite Disseminated Magnetite – Chalcopyrite - Pyrite 0 1:1000 METRIC 5cm 10cm 18 WWW.SOLGOLD.COM.AU
Slide 19: Copper Rich Sulphides – Hole 7 1.20% Cu & 0.50 g/t Au
Copper Rich Sulphides – HOLE 7 1.20% Cu & 0.50 g/t Au, US$99/t! CSD-14-007 Drill Core – 1292.3m Silica-Magnetite-Chalcopyrite (potassic alteration) 1.2% Cu & 0.50 g/t Au Anhydrite Coarse Chalcopyrite 0 1:1000 METRIC 5cm 10cm 19 WWW.SOLGOLD.COM.AU
Slide 20: Copper Sulphides – Hole 8 Above Target Potassic Zone
Copper Sulphides – HOLE 8 Above Target Potassic Zone Cp = Copper Sulphide, Chalcopyrite 20 WWW.SOLGOLD.COM.AU
Slide 21: Accomplished, Responsible Operator: SolGold Owns 85%, Operates Cascabel
Accomplished, Responsible Operator: SolGold owns 85%, Operates Cascabel • Cascabel concession is held by Exploraciones Novomining S.A. (“ENSA”), an Ecuadorian registered company. • SolGold owns 85% of ENSA, Cornerstone (TSX: CGP) retains 15%. • SolGold is the operator & funds exploration. • Experien
Slide 22: Experienced Team
Experienced Team Alan Martin Nick Mather Dr. Bruce Rohrlach CEO & Managing Director Executive Director GM - Exploration Lazaro Roque-Albelo Jason Ward Diverse Board Manager President, ENSA Alan Martin – CEO & MD (geo & funds Latin American Affairs management) Nick Mather - Executive Director (Explor
Slide 23: SolGold is Safe
SolGold is Safe • Strong focus on health & safety for employees. • Best practice environmental management. Photo – onsite training of ENSA employees in Health & Safety 23 WWW.SOLGOLD.COM.AU
Slide 24: SolGold is Responsible & Ethical
SolGold is Responsible & Ethical Nursery for local community Lemon trees for local community 24 WWW.SOLGOLD.COM.AU
Slide 25: Mining Friendly Ecuador
Mining Friendly Ecuador • Ecuador a mining friendly country. • Pres. Correa is promoting Ecuador for exploration & mining. • Population: 14 m • Language: Spanish • Currency: USD • Taxes: Corporate 22%, Labour Obligations 15%, VAT 12% • Windfall Tax: only on higher commodity prices & after recovery o
Slide 26: The Reward of Discovery
THE REWARD OF DISCOVERY TUJUH BUKIT DELIVERED A$1BN MARKET CAP FOR A$90M EXPENDITURE 5 6 1 2,3 4 Page 26 WWW.SOLGOLD.COM.AU www.solgold.com.au 26
Slide 27: Forward Program - News Flow
Forward Program - NEWS FLOW 1. Hole 8 enters high grade potassic core – 1 to 2 weeks. Visual copper sulphides from 378m, currently at 606 metres. 2. Chargeability data outlines copper rich potassic core – 2 to 4 weeks Preliminary interpretation of conductivity data very encouraging. 3. Metallurgical
Slide 28: Why Invest?: The Best is Yet to Come
Why invest ?: “The Best is yet to Come” 1. Cascabel: World Class Discovery, potential +1Bn T system 2. No major risks Grade: >=1.5% Cu Equivalent (>=US$100/t) Size: >=500,000 sq m footprint, 1Bnt potential Metallurgy: Preliminary recovery tests indicate 91-98% Cu & Au Logistics: Nearby power
Slide 29: Thank You
Thank You Photo (left) – Chalcopyrite in drill core from Hole 5 – 1.7% Cu & 1.9 g/t Au at 1204.1m 29 WWW.SOLGOLD.COM.AU
Slide 30: Contacts
Qualified Person CONTACTS Information in this report relating to the exploration results is based on data reviewed by Dr Bruce Rohrlach (BSc (Hons), PhD,), the GM Exploration of the Company. Dr Rohrlach is a Member of the Australasian Institute of Mining and Metallurgy who has in excess of 26 years’