Slide 1: Marsuparia Acquisition September 2011
For personal use only Marsuparia Acquisition September 2011
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation has been provided by Ark Mines Limited and other sources identified herein. The information contained in For personal use only this presentation is for informational purposes only and is not a recommendation as to whether to invest in Ark Min
Slide 3: Presentation Contents
PRESENTATION CONTENTS For personal use only 1 SUMMARY 2 BOARD AND MANAGEMENT 3 PROJECT LOCATION MAP 4 WHY LACHLAN FOLD BELT 5 ARK MINES PROJECTS 6 DRILLING PROGRAM 7 CAPITAL EXPENDITURE Ark Mines Limited Corporate Presentation September 2011 3
Slide 4: Marsuparia
MARSUPARIA For personal use only Ark Mines Limited Corporate Presentation September 2011 4
Slide 5: Ark Has Agreement to Purchase In Summary
ARK HAS AGREEMENT TO PURCHASE IN SUMMARY For personal use only Marsuparia COW US$22,000,000 spent on exploration to date 18,000m of diamond drilling completed The Ongkang Gold deposit has the capability to be in production within twelve months 6 major projects and numerous other targets
Slide 6: Board of Directors
BOARD OF DIRECTORS Chairman For personal use only Antony Corel LLM Managing Director Roger Jackson BSc, (Geol.) Dip.Ed, Grad Dip Fin Man, M.AusIMM, AICD Non-Executive Director Robert McLennan BSc, BSc (Hons) MSc MAIG, F.AusIMM Non-Executive Director John Slade BSc (Hons), MSc M.AusIMM Non-Executive
Slide 7: Project Location
PROJECT LOCATION 6th Generation Contract of Works (COW) Central Kalimantan For personal use only Indonesia Island Arc Central Kalimantan 20,000ha 30 year contract Now in Feasibility Study Ark Mines Limited Corporate Presentation September 2011 7
Slide 8: Why Indonesia?
WHY INDONESIA? For personal use only Stable democratic government committed to foreign investment in mining Booming economy – home to 250 million people with abundance of skilled mining labour Proven Contract of Work mining tenure – one of the best in the world High mineral prospectivity – r
Slide 9: The Prospects
THE PROSPECTS Masuparia COW holds advanced and drill ready exploration prospects that can generate market receptive news quickly. For personal use only Rina Prospect has drill intercepts of porphyry copper-gold mineralisation. Hundreds of metres of +0.25% Cu, 0.5 g/t Au. G.Menyawang is a High
Slide 10: Text Book Geology
TEXT BOOK GEOLOGY For personal use only Ark Mines Limited Corporate Presentation September 2011 10
Slide 11: Marsuparia Geologically Stunning
MARSUPARIA Geologically Stunning Minerals: Gold (Au), Silver (Ag) Zinc (Zn), Copper (Cu), and Lead (Pb). For personal use only Marsuparia (20,000 ha) covers the whole spectrum of gold-copper mineralisation styles within a volcano-pluton environment in the Pacific Rim: A combination of block fault
Slide 12: The Projects Locations
The Projects Locations For personal use only 12 Ark Mines Limited Corporate Presentation September 2011
Slide 13: Ongkang, Bunga Desa
ONGKANG, BUNGA DESA and 290 •Low Sulphidation epithermal veins and breccia with high grade bonanza zone hosted by shallow dipping splay structures For personal use only including the 290 Vein. •Drilling results have confirmed that the Ongkang Mineralised Zone is continuous over 550 metres and open a
Slide 14: Onkang and Vein Gold
ONKANG and 290 Vein Gold For personal use only Ark Mines Limited Corporate Presentation September 2011 14
Slide 15: Onkang and Vein Gold Drill Highlights
ONKANG and 290 Vein Gold Drill Highlights For personal use only 6m @420.27 g/t Au 106.67 g/t Ag 1.17% Cu 0.38% Pb 0.75% Zn from 22m to 28m with 2m @ 1162 g/t Au 10m @10.53 g/t Au 74.2 g/t Ag 0.44 % Cu 0.23% Pb 0.55% Zn Ark Mines Limited Corporate Presentation September 2011 15
Slide 16: Copper Projects
COPPER PROJECTS For personal use only Rina Prospect has drill intercepts of porphyry copper-gold mineralisation. Nymagee Cu Mine Hundreds of metres of +0.25% Cu, 0.5 g/t 422,000t@ 5.8% Cu Au. G.Menyawang is a High Sulphidation target with potential for oxide gold in silica cap (Yanacocha model);
Slide 17: Kaka Trench Results
KAKA Trench results For personal use only Ark Mines Limited Corporate Presentation September 2011 17
Slide 18: Kaka Trench Results
KAKA TRENCH RESULTS Targets: Gold (Au), Copper (Cu) For personal use only Trench Width(m) Assay Results TR96-501 48.00 1.26% Cu TR96-502 2.00 8.30% Cu TR96-506 10.00 13.30% Cu 3.00 g/t Au TR96-507 48.00 5.80% Cu TR96-508 20.00 2.25 g/t Au TR97-501 48.00 1.26% Cu TR97-502 2.00 8.83% Cu 5.96 g/t Au TR
Slide 19: Kiwi Results
KIWI RESULTS For personal use only KIWI PROSPECT: SIGNIFICANT DRILLHOLE RESULTS HOLE NO. FROM TO SIGNIFICANT Au (ppm) KID 08 52.00 70.00 18 m @ 0.57 Au KID 16B 6.00 22.00 16 m @ 1.09 Au KID 20 64.00 76.00 12 m @ 0.63 Au 88.00 91.00 3 m @ 0.87 Au KID 26 0.00 4.00 4 m @ 1.43 Au 19.00 28.00 9 m @ 0.72
Slide 20: Rina Drilling Significant Intercepts
RINA DRILLING Significant Intercepts For personal use only Ark Mines Limited Corporate Presentation September 2011 20
Slide 21: Marsuparia Infrastructure
MARSUPARIA Infrastructure For personal use only Ark Mines Limited Corporate Presentation September 2011 21
Slide 22: The Business
THE BUSINESS For personal use only Fully Functional Office in Jakarta, headed by Australian geologist with 25 years first hand experience in Indonesia with both major and junior mining companies. Supporting Indonesian clerical, accounting and government administration staff. Fully equipped GIS com
Slide 23: Company Structure
COMPANY STRUCTURE ARK MINES LTD For personal use only l 100% l SPHERE COMPLEX LTD (BVI) l 99.9975% GOLDEN ARROW RESOURCES LTD (BVI) PT Sinarcaya Mineralindo l l 85% 15% 100% l PT PASIFIK MASAO MINERAL (Indonesian PMA Co.) l 100% l MASUPARIA CONTRACT OF WORK Ark Mines Limited Corporate Presentation S
Slide 24: So What Will It Cost
SO WHAT WILL IT COST For personal use only FOR 100% 4M Cash 2M in scrip with 50% 6 month voluntary escrowed Ark Mines Limited Corporate Presentation September 2011 24
Slide 25: Contact
CONTACT For personal use only Ark Mines Limited Roger Jackson Managing Director 0400 408 550 info@arkmines.com.au Ark Mines Limited Corporate Presentation September 2011 25