Golden Cross Resources Ltd · ASX:GCR

Golden Cross Resources — Investor Presentation (July 2002)

28 slides from Golden Cross Resources's investor presentation, Jul 22, 2002

  1. Slide 1: GCR Today

    GCR Today Adelong Gold feasibility study complete progressing towards development key plant on site Five Active Farmouts $800,000 committed this year MIM drilling at Copper Hill Kempfield Silver 17M oz of silver (8.5M oz measured / indicated) Actively acquiring Mt Adrah new ground Parkes 18-7-2002

  2. Slide 2: Adelong Gold Project Key Economic Parameters

    Adelong Gold Project Key Economic Life of Mine Parameters Production 329,000 tonnes 23,500 t/month Grade 4.24 g/t Recovery 95.5 % Recovered Gold 42,851 oz Revenue $24.3 m Gold @ A$566 = Base Case Operating Cost $15.0 m $47/tonne, $360/ounce Royalties $0.7 m Cash Op. Surplus $8.6 m $26/tonne, $206/ou

  3. Slide 3: Adelong Timing

    Adelong Timing Feasibility Study Net Cash $6.5 million Plant partially constructed Mullock Dumps partially screened and sampled Approvals nearing completion $2.5 million finance required Construction will take 3-4 months from receipt of financing Aiming for commissioning before year’s end 18-7-2002

  4. Slide 4: GCR Farm-ins and Royalties at July 2002

    GCR Farm-ins and Royalties at July 2002 GCR Farm-ins Minimum Spend to Property Party Target Metals Commitment Earn 70% Earn-in Farming In ($’000) ($M) Date Broken Hill Sipa Pt/Pd/Ni/Cu 245 BFS 02-05-2006 Copper Hill MIM Au/Cu 200 4.5 01-03-2006 Wagga Tank Pasminco Au/Ag/Cu/Pb/Zn 144 2.5 31-12-2005 W

  5. Slide 5: Adelong Project – Regional Location

    Adelong Project – REGIONAL LOCATION 18-7-2002

  6. Slide 6: Adelong: Challenger - Location

    Adelong : Challenger - LOCATION 18-7-2002

  7. Slide 7: Resources & Reserves Adelong Gold Project

    Resources & Reserves Adelong Gold Project TOTAL MINEABLE AREA RESOURCES RESERVES MATERIAL Class Tonnes Grade (g/t) Class Tonnes Grade (g/t) Tonnes Grade (g/t) Challenger Indicated 66,500 3.2 Probable 66,100 3.4 63,100 3.4 Extended Inferred 10,500 3.2 Open Pit Total 77,000 3.2 Total 63,100 4.0 63,100

  8. Slide 8: Adelong: Challenger - Section

    Adelong : Challenger - SECTION 18-7-2002

  9. Slide 9: Adelong: Challenger - Long Section

    Adelong : Challenger - LONG SECTION 18-7-2002

  10. Slide 10: Adelong – Mine and Plant Site

    Adelong – MINE and PLANT SITE 18-7-2002

  11. Slide 11: Adelong Gold Project – Site Layout July 2002

    Adelong Gold Project – Site Layout July 2002 18-7-2002

  12. Slide 12: Challenger – Layout Plan

    Challenger – LAYOUT PLAN 18-7-2002

  13. Slide 13: Challenger: Areas of Proposed Drilling

    Challenger : Areas of Proposed Drilling 18-7-2002

  14. Slide 14: Kempfield Project

    Kempfield Project 18-7-2002

  15. Slide 15: Kempfield Project – BJ Pit

    Preliminary Pit Outline KEY Oxide mineralisation Mixed mineralisation Primary mineralisation Kempfield Project – BJ Pit 18-7-2002

  16. Slide 16: Copper Hill Project

    Copper Hill Project 18-7-2002

  17. Slide 17: Broken Hill – Mt Darling Ck Projects

    Broken Hill – Mt Darling Ck Projects 18-7-2002

  18. Slide 18: Wagga Tank Project

    Wagga Tank Project 18-7-2002

  19. Slide 19: Yellow Mountain Project

    Yellow Mountain Project 18-7-2002

  20. Slide 20: West Wyalong Project

    West Wyalong Project 18-7-2002

  21. Slide 21: McPhails Project

    Golden Cross Untested Zones EL 5830 of Mineralisation Area of old mining lease excluded from Alkane farm-in 500 m \ Gold Zones 42 Workings sees Drill holes - Sipa Resources (1997) eco Drill holes - Alkane (2001) McLeans [__] GCR tenement MePhails Project

  22. Slide 22: McPhails: Drilling

    McPhails : Drilling 18-7-2002

  23. Slide 23: Gilmore Suture Projects

    Gilmore Suture Projects 18-7-2002

  24. Slide 24: GCR Project Location

    GCR Project Location 18-7-2002

  25. Slide 25: Pipeline / Canbelego Project

    Pipeline / Canbelego Project 18-7-2002

  26. Slide 26: Sth Mt Boppy Mine Pipeline/Canbelego Project

    Sth Mt Boppy Mine Pipeline/Canbelego Project 18-7-2002

  27. Slide 27: Mt Adrah Project

    LIMIT OF MONZODIORITE ZO J STOCK FROM DRILL HOLE LOGGING a OPEN TO NORTHEAST / MARCD008 @ MARCD007 ©. MMRO15 @ A —— ——— Section 7 \f_- MARCD004 6104425 N MMROO6 I DGG001 ‘@ MARC005 [60m @ 1.03 PGGO02$ <2ace express “ered intrusiN® / PccoIE © | 0 Som / / HOBBS DEPOSIT OPEN TO SOUTH / Drill hole Plan

  28. Slide 28: GCR Capital Structure

    GCR Capital Structure 101 Million Shares On Issue 48.4 Million Options On Issue, made up of: 41.1 million Quoted Options exercisable at 20 cents by 31-12-2002 4.2 million Directors’ Options exercisable at 15 cents by 31-11-2006 2.5 million Employee Options exercisable at 10 cents by 28-6-2007 0.6 mi

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