Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — Shareholder Meeting (February 2009)
15 slides from Golden Cross Resources's shareholder meeting presentation, Feb 19, 2009
Slide 1: Extraordinary General Meeting
For personal use only Extraordinary General Meeting 19th February 2009 Kim Stanton-Cook Managing Director
Slide 2: Board
For personal use only Board Chris Torrey – non-executive Chairman Kim Stanton-Cook - Managing Director Steven Xiao – Director Business Development David Timms – non-executive Director Xiaoming Li – non-executive Director Suzanne Qui – non-executive Director Simon Lennon – Company Secretary
Slide 3: Exploration Personnel
For personal use only Exploration Personnel •Bret Ferris appointed as GCR’s Exploration Manager • A new geologist to join GCR to generate projects, based in Adelaide joining GCR geologists Glenn Coianiz, Joe Schifano & Consultants Paul Burrell, Gil Burrows, Cisco Montes and Pete White Field Crew: Mi
Slide 4: Current Status
For personal use only Current Status $3.5 million funds injection from CUMIC GCR is seeking new exploration and development projects. Copper Hill – under potential partner/investor review and new, value-adding processing options under consideration. Potential for mill & plant to be China-sourced. GC
Slide 5: GCR is exploring for gold and silver, base metals, phosphate and uranium
For personal use only GCR is exploring for gold and silver, base metals, Phosphate and uranium. Uranium, phosphate, gold-silver in Queensland Copper – Gold Gold, nickel and uranium in in New South Wales Western Australia Copper Hill Inferred-Indicated-Measured JORC Resource containing 1.2 million ou
Slide 6: Global exploration interests: Gold & Copper in Panama
For personal use only Golden Cross also has global exploration interests in secure, stable countries: Gold & Copper in Panama Six applications over porphyry copper and epithermal gold targets.
Slide 7: Uranium in Labrador, Canada
For personal use only Uranium in Labrador, Canada. 2008 field program completed. +3.4% U3O8 from outcrop samples North of Notak 1 and 2% U3O8 from new prospects ‘Old School’ and ‘Rumble’ 1200 metre drilling program under consideration
Slide 8: The GCR-CUMIC Alliance
For personal use only …and now, the GCR-CUMIC Alliance Another link between Australia and China
Slide 9: $3.5 million funds injection
For personal use only $3.5 million funds injection Strong strategic investor Opportunities in China Access to additional funds Chinese-sourced mill & plant Drilling of three holes at the Burra Copper prospect, five kilometres southeast of Canbelego, NSW, intersected significant sulphide mineralisati
Slide 10: Immediate Programs
For personal use only Immediate Programs •Drill Burra copper 1000 m planned • Drill Gum Flat gold at Cargo and follow up….. • Uranium anomalies at Mount Isa • Gold anomalies at Mulga Tank East • Uranium anomalies in Canada
Slide 11: Why are we drilling Burra?
For personal use only Why are we drilling Burra? Burra – recent sulphide drilling intersections: •3m at 2.84% copper, including 1m at 6.45% copper •4m at 1.25% copper •4m at 1.32% copper, including 1m at 3.36% copper Drilling in 2004 by GCR returned: 11m at 3.1% copper from 140m including 2m at 13.7
Slide 12: Why are we drilling Gum Flat at Cargo?
For personal use only Why are we drilling Gum Flat at Cargo? Cargo – Gum Flat Previous intersections: • 28m at 1.0g/t gold including 2m at 5.4g/t gold • 14m at 1.7g/t gold including 11m at 2.0g/t gold • 11m at 3.5g/t gold • 8m at 3.3g/t gold • 13m at 1.7g/t gold • 4m at 3.8g/t gold The prospect cont
Slide 13: Overall Strategy
For personal use only Overall Strategy •Seek advanced gold projects •Seek advanced copper projects •& other high-grade opportunities with defined resources or at the early discovery stage. Reviews have commenced. GCR will be selective.
Slide 14: GCR - Joint Ventures
GCR - Joint Ventures Broken Hill – Vale (CVRD-Inco) For personal use only Cullarin - Tri Origin Wagga Tank – OZ Minerals Kempfield, Sunny Corner & West Wyalong – Argent Minerals Mount Isa Phosphate – Legend International Total for earn-ins = $10.5 million --------------------------------------------
Slide 15: Golden Cross is selectively looking at available projects
For personal use only Golden Cross is selectively looking at the available projects which are now appearing • CUMIC Alliance affords great opportunities for GCR • Eight projects farmed out to active explorers • Drilling to commence on gold and copper projects
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