Slide 1: Drilling Australia's New Exploration Hot-Spot
Core : CXO For personal use only DRILLING AUSTRALIA’S NEW EXPLORATION HOT-SPOT Company Update Presentation February 2014 Feb 2014
Slide 2: Core's Projects
Core’s Projects For personal use only • RC Drilling to commence at Blueys and Inkheart Prospects in April, Albarta Project NT • Ground breaking copper IOCG exploration underway delivering Albarta exceptional results at Albarta, NT • Strong Geophysical IOCG drill targets near Olympic Dam, Roxby SA Fi
Slide 3: Albarta Project, NT
Albarta Project, NT Darwin Australia’s new exploration hot-spot For personal use only Core has recently signed agreements to move to 100% ownership of 20 tenements covering over 2,000km2 comprising the Albarta Project, NT NORTHERN TERRITORY • Multiple occurrences of copper mineralisation indicates s
Slide 4: Strong prospectivity
Strong prospectivity For personal use only • 10% copper and 4,065g/t silver at Blueys Prospect • 19,552ppb silver in soils at new Inkheart Prospect • Up to 14% copper and 72g/t gold at Copper Royals • Up to 34% copper at Virginia Prospect • multiple >1% copper at Paradise Well District • Large scale
Slide 5: Tenements
20 tenements For personal use only 2,000km2 5
Slide 6: Exploration underway
Exploration underway On new IOCG & copper exploration hot-spot For personal use only Exploration commenced Exploration underway 2014 6
Slide 7: Drilling Timeline
Drilling Timeline March April May June MMP Approval Drilling Blueys Project in April Clearance Survey Clearance Report For personal use only Commence Drilling 4kg/t silver Prelim Results Final Results and 10% copper at surface 7
Slide 8: Blueys Project
Blueys Project For personal use only • Very high grades of 4kg/t (4,065g/t) silver and 10% copper at surface at Blueys Prospect • Peak value of 25,250ppb silver is well above 100ppb commonly regarded as anomalous • Inkheart Prospect also characterised by extremely high silver in soils • Core’s IP Ge
Slide 9: Blueys IP Drill Targets at Depth
Blueys IP Drill Targets at Depth For personal use only LINE 2700 BLUEYS 3,000 Silver in soils 3,000 Ag (ppb) 2,000 2,000 1,000 1,000 RL metres 600 IP profile 600 40.0 33.3 26.7 400 400 20.0 13.3 6.7 200 200 0.0 474347 E 474634 E 7400733 N 7400323 N Line 2700N 50-100-200m Chargeability Model (msec) S
Slide 10: Blueys Project
Blueys Project For personal use only • Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag Peak silver in soil value is 25,250ppb Ag • Core’s Inkheart Prospect has a footprint of 1,400m x 300m assaying over 1,000ppb Ag Peak silver in soil value is 19,552ppb Ag • Investiga
Slide 11: Copper Royals
Copper Royals For personal use only Large copper mineral field Up to 14% copper and 72g/t gold at surface 11
Slide 12: Phase Drilling: Copper Targets
Phase 2 Drilling : Copper Targets For personal use only • Copper Royals large copper mineral • 5km long copper soil anomaly • 15 seperate copper prospects within 5km x 5km area • Geophysics not used in previous targeting 12
Slide 13: Virginia Prospect
Virginia Prospect For personal use only Stratiform kilometre scale copper target grading 1%-5% Cu at surface Rock chips assays up to 34% Cu 13
Slide 14: Virginia Prospect
Virginia Prospect Phase 2 Drilling : Copper Targets For personal use only • Stratiform copper horizon identified over 1km strike >1% Cu • No previous geophysics • No previous drilling 14
Slide 15: Paradise Well Discovery
Paradise Well Discovery For personal use only • Multiple occurences of copper mineralisation detected at surface by Core in the new Paradise Well district • Copper now identified at surface over a 2km x 2km area (inc. Paradise Well South) • Kilometre-scale coincident Cu/Ag soil anomalies • Magnetite
Slide 16: IOCG Prospectivity
IOCG Prospectivity For personal use only 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% ay Cu) ghw Hi in rock chip • Copper prospectivity Copper King (14% Cu & 38g/t Au) in rock chips P le n ty of the region well Daicos (19.37% U, 26.52% Nb) in rock chips docume
Slide 17: Core's Projects, S.A.
Core’s Projects, S.A. For personal use only • Strong Geophysical IOCG drill targets near Olympic Dam, Roxby SA • Thick and high grade uranium drill intersections at Fitton discovery, SA Albarta • High grade lead/zinc breccia zone mapped over 1.5km at Yerelina, SA Fitton Roxby Downs South Yerelina 17
Slide 18: Roxby, SA
Roxby, SA For personal use only 100% owned Roxby Downs South Project, SA • 10km from BHPB’s new Wirrda Well find and 40km from Olympic Dam • Strong geophysical drill targets • Surrounded by Majors • Interest has been expressed in the project by a number of parties, will update as discussions progres
Slide 19: Fitton, SA
Fitton, SA For personal use only 6,686,950mN 6,686,900mN 6,686,850mN 7 100% owned Fitton Project in SA 01 North South RC SL 22 3 00 C0 RC R SL SL SLRC • Outstanding new discovery of high grade uranium 028 • Thick and high grade uranium intersections drilled by Core 1m@355ppm U3O8 from 25m 150mRL • U
Slide 20: Yerelina, SA
Yerelina, SA For personal use only 100% owned Yerelina Project, SA • 567g/t silver and 15.11% lead and zinc • High grades gossans discovered at surface • Mineralised breccia up to 1.5km long • Large1,000km2 tenement area • Multiple targets on potentially huge scale 20
Slide 21: Summary
Summary For personal use only Core’s has moved to full ownership of the Albarta Project in Australia’s new exploration hotspot in the NT : • Core has 100%-ownership* of 20 tenements covering over 2,000km2 in the NT • Multiple occurrences of mineralisation at surface a strong indicator of prospectivi
Slide 22: For personal use only
For personal use only The presentation includes exploration information that was prepared and first disclosed by Core under the JORC Code Level 2, 143 Hutt Street Adelaide SA 5000 2004. It has not been updated since to comply PO Box 7298, Hutt Street Adelaide SA 5000 with the JORC Code 2012 on the b