Geopacific Resources Limited · ASX:GPR
Geopacific Resources — Investor Presentation (November 2017)
27 slides from Geopacific Resources's investor presentation, Nov 29, 2017
Slide 1: Creating value from a major goldfield
For personal use only Creating value from a major goldfield November 2017 Investor presentation on the Woodlark Gold Project (ASX: GPR)
Slide 2: Corporate snapshot (ASX: GPR)
Corporate snapshot (ASX: GPR) For personal use only Geopacific Resources is an emerging gold producer focused on developing and expanding the multi-million-ounce Woodlark Gold Project in Papua New Guinea. Corporate Cash $10m * Shares 1.8bn * Market capitalisation (share price 2.8c) $50m Significant
Slide 3: Board & senior management
Board & senior management For personal use only Board & senior management Milan Jerkovic Non-executive chairman Ron Heeks Managing director Philippa Leggat Executive director corporate Mark Bojanjac Non-executive director Ian Clyne Non-executive director Matt Smith CFO & company secretary Jim Kerr G
Slide 4: Why Woodlark
Why Woodlark For personal use only Opportunity to secure an advanced project at a low point in the market • Multi-million-ounce gold resource • Mining and environmental approvals granted • Near-term production potential • Large regional goldfield with significant upside A good fit for Geopacific, un
Slide 5: Surrounded by multi-million-ounce mines
Surrounded by multi-million-ounce mines For personal use only You can successfully build and operate mines in PNG Pro-mining regime Mines department awarded by Transparency International Significant, listed companies with profitable operations on Islands • Newcrest, Lihir at 66Moz Au • St Barbara, S
Slide 6: What's the plan
What’s the plan For personal use only Geopacific has actively de-risked the project • Reviewed existing raw data – $150m historic spend & 275km historic drilling • Added data – 20km new drilling, develop new geological model, fresh economic studies, additional metallurgical testing & revised enginee
Slide 7: Woodlark Island
Woodlark Island For personal use only 70km long 25km wide 580 km2 exploration license 60 km2 mining lease, with environmental approval 295 km of drilling Airstrip Wharf Mobile and satellite coverage 80-man camp Main deposit areas at Kulumadau, Busai & Woodlark King Investor presentation | November 2
Slide 8: Plum pudding theory
Plum pudding theory For personal use only How to maximise an epithermal orebody The plums represent high-grade zones and the pudding represents the run-of-mine grade. To achieve the best economic outcome and significantly reduce the risk, the idea is to mine the whole pudding, ensuring that you capt
Slide 9: Heart of the plum pudding
Heart of the plum pudding For personal use only Our plums are looking pretty juicy and we’ve added more. Demonstrates the potential to deepen pit designs. Investor presentation | November 2017 9
Slide 10: Regional goldfield of significant scale
Regional goldfield of significant scale For personal use only Woodlark was the first goldfield in Papua New Selected results Guinea. from various regional prospects Extensive artisanal 2.1m @ 10.67g/t Au mining has taken 20m @ 4.39g/t Au place since 1895. 22m @ 3.35g/t Au 5m @ 16.69g/t Au 5m @ 4.92g
Slide 11: Potential for repetition and extension
Potential for repetition and extension For personal use only Most drilling at Woodlark has encountered gold in over 295kms of drilling Pink dots show the holes which encountered gold over 0.5g/t, remaining holes are shown in blue dots. Potential for repetition along structures and at depth Geologica
Slide 12: Significant regional potential
Significant regional potential For personal use only Woodlark is a large regional goldfield, hosting significant potential for new discoveries. 580 km2 exploration license Geopacific can leverage the historic data to generate targets for discoveries. Gold has been identified across many areas beyond
Slide 13: Delivering milestones
Delivering milestones For personal use only Metallurgical drilling complete ✔ Resource drilling complete ✔ Regional exploration program begins ✔ Ongoing resource drilling & development of new geological model ✔ Complete metallurgical optimisation testwork Resource & reserve estimates 2017 DFS 2018 M
Slide 14: Social alignment
Social alignment For personal use only • Population of Island group circa 6,000 • Employees during production circa 400 • Aligned objectives • Geopacific is the sole provider of employment on the Island • Government and local communities become shareholders Investor presentation | November 2017 14
Slide 15: Right people, right project, right time
For personal use only Right people Right project Right time Investor presentation | November 2017 15
Slide 16: Kou Sa copper-gold project, Cambodia
Kou Sa copper-gold project, Cambodia For personal use only Summary Ownership 85% in joint venture with the Royal Group, Cambodia’s premier commercial partner Licenses Exploration licenses cover 158 km2 Location Preah Vihear Province in northern Cambodia’s Chep district, near the Laos border Commodit
Slide 17: Kou Sa Prospect locations
Kou Sa Prospect locations For personal use only Several discoveries of copper, gold and silver mineralisation have been made at Kou Sa. The mineralisation is characterised by broad zones of high-grade from surface. The broad zones indicate that the mineralisation is being driven by a large system at
Slide 18: Kou Sa crossection of Prospect
Kou Sa crossection of Prospect 150 For personal use only Geology clearly providing optimal geometry for the extraction of the near- surface, high-grade core of the deposit. low-cost operating environment high recoveries for copper and gold These factors should enable the potential of the resources t
Slide 19: Fijian gold projects
Fijian gold projects For personal use only • High-grade, near-surface gold identified • Epithermal gold zones with extensive strike potential • Good infrastructure and simple logistics • Stable jurisdiction with proven mining history • Vatukoula Gold Mine has produced 6.9Moz Au at 7.4g/t and has bee
Slide 20: Appendices – Woodlark
Appendices – Woodlark For personal use only View of the bay from the Busai deposit showing Woodlark’s flat topography and natural harbour Investor presentation | November 2017 20
Slide 21: Kulumadau grade plan
Kulumadau grade plan For personal use only Following the plum pudding theory… The figure shows how the plums can be mined with the pudding. • Extensive areas of mineralisation >0.5g/t Au surrounding high grade intercepts • Potential for low strip ratio is evident Investor presentation | November 201
Slide 22: Kulumadau crossection
Kulumadau crossection For personal use only Mineralisation clearly extends to depth and remains open Successfully adding to the mineral endowment Made easy by the nature of the mineralisation Investor presentation | November 2017 22
Slide 23: Busai grade plan
Busai grade plan For personal use only Capturing all the plums in the pudding … Mining significantly de-risked by • High proportion of mineralisation >0.5g/t Au • Low strip ratio Investor presentation | November 2017 23
Slide 24: Busai crossection
Busai crossection For personal use only Making the most of easy extensions More pudding and more plums… to increase the mineral endowment Investor presentation | November 2017 24
Slide 25: Disclaimer & competent persons statement
Disclaimer & competent persons statement For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any juris
Slide 26: Contact
Contact For personal use only • Ron Heeks Managing Director • Philippa Leggat Executive Director Corporate Website: www.geopacific.com.au Email: info@geopacific.com.au Phone: +61 8 6143 1820 Follow us on Investor presentation | November 2017 26
Slide 27: Announcements
Announcements For personal use only Date WOODLARK Date CAMBODIA 25/01/17 WOODLARK – 48m of Au mineralisation in 1st hole 11/07/16 Kou Sa: Status & Initial Resource Estimate 02/02/17 WOODLARK – wide gold mineralisation continues 12/08/16 KOU SA GOLD RESULTS 6m @ 3.80 g/t/ Au Eq. 23/02/17 WOODALRK – 2
Geopacific Resources — Investor Presentation (November 2017) on 6ix