Slide 1: Corporate Presentation
Corporate Presentation Malcolm Norris CEO 1
Slide 2: Disclaimer
Disclaimer These presentation slides (the “Slides”) have been issued by Solomon Gold plc (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company, do not constitute an offer
Slide 3: Corporate Summary
Corporate Summary AIM quoted (SOLG) 313,381,934 shares outstanding 552 Australian holders, 27% of stock 770 UK holders, 54% of stock 30 day VWAP = 5.8p (A$0.09) Market cap @ 5.8p p/s is £18.2m (A$0.09 p/s is A$28.2 m) Page 3
Slide 4: Shareholder Summary
Shareholder Summary Significant Shareholders – Tenstar Trading 19.0% DGR Global Limited (ASX:DGR) 10.6% Baker Steel 5.4% Regent Pacific Group Limited 2.8% Strongly aligned interests – Management well invested Management and Directors: 16.3% Executive team performance shares (not issu
Slide 5: New Team
New Team Experienced Team With Discovery Track Record and Delivery of Shareholder Growth Malcolm Norris – Managing Director and Chief Executive Officer Dr. Bruce Rohrlach – Chief Geologist Damien Lulofs – Exploration Manager Wendy Collins – Business Support Manager Complimentary and Dive
Slide 6: Key Points
Key Points 1. Strong executive team with discovery track record 2. Cascabel gold-copper porphyry project in Ecuador. Exciting early stage project 3. Rannes Project, Queensland - Resource definition stage (gold + silver) 4. JV with Newmont in the Solomon Islands targeting tier 1 gold- copper opportun
Slide 7: SolGold Portfolio
SolGold Portfolio Ecuador Australia Solomon Islands Page 7
Slide 8: Cascabel Project, Ecuador
Cascabel Project, Ecuador Page 8
Slide 9: Cascabel
Cascabel • 85% earn-in JV with Cornerstone Capital Resources (TSXV:CGP) • Field work underway • Initial surface exploration; mapping, soil geochemistry, geophysics • Drilling to commence as soon as possible – Q4, 2012 • Target >1 billion tonnes, gold-copper (molybdenum) Page 9
Slide 10: Cascabel
Cascabel An outstanding opportunity A mineralised porphyry system exists at surface Drilling will determine scale Page 10
Slide 11: Cascabel
Cascabel Comparable potential scale to the 1.7 billion tonne Tujuh Bukit gold-copper deposit in Indonesia held by Intrepid Mines Page 11
Slide 12: About Ecuador
About Ecuador Area: 280,000km2 (slightly larger than Victoria) Population: ~14 million Currency: US$ Language: Spanish Security/safety: Acceptable (e.g. better than Philippines, Colombia) Government: Presidential (Legislative, Executive, Judicial); presidential elections 2013 2008: Mining Mandate en
Slide 13: Gold (Silver) Projects, Australia
Gold (Silver) Projects, Australia Page 13
Slide 14: Rannes
Rannes Current Indicated and Inferred resources of 296,700 ozs Au and 10,139,000 ozs Ag – 550,000 ozs of gold equivalent Targeting 2 million ounces gold equivalent Low grade, at surface, gold-silver deposits Adding ounces at a cost of $16/ounce gold equiv. (less than global industry average
Slide 15: Rannes
Rannes Targeting 2 million ounces of gold equivalent from district Drilling recommenced in April 2012 after wet season, 2 drill rigs on site Develop and refine the geological model Grow the resource; all current drilling outside resource block model Add grade; high grade zones being target
Slide 16: Rannes
Rannes 2 million ounce gold equivalent target from district Many untested prospects Page 16
Slide 17: Gold Copper, Solomon Islands
Gold Copper, Solomon Islands Fauro Project SolGold 100% - seeking JV partner Guadalcanal JV Newmont 70%, and funding Page 17
Slide 18: Guadalcanal JV
Guadalcanal JV Vuanimaho Prospect currently being drilled Historical results of 46m at 0.34g/t Au and 0.25% Cu in an altered diorite complex Current drilling is from the pad of hole MBT007, drilled to the south underneath 3-D modeling of the Vuanimaho magnetic complex holes 001 and 002. correlates w
Slide 19: Guadalcanal JV
Guadalcanal JV • Other prospects being explored • Sutakiki Prospect has delivered strong historical results including SK001; 354m @ 0.5g/t Au, 0.13% Cu and SUT001; 259m @ 0.28g/t Au, 0.11% Cu through to EOH (621m), including intersection of an altered tonalite • Newmont has earned a 70% position • S
Slide 20: Other Activities Solomon Islands
Other Activities Solomon Islands • 100% held Fauro Project – currently seeking a JV partner. Gold-copper porphyry target requires drilling • 100% held projects e.g. Rendova early stage exploration in progress • Other opportunities being assessed Page 20
Slide 21: SolGold Opportunities
SolGold Opportunities In the three most endowed gold-copper belts in the world – • SE Asia – Pacific • South American Andes • Tethyan Belt Page 21
Slide 22: www.solgold.com.au
www.solgold.com.au Nominated Advisor: UK Broker: RFC Corporate Finance Ltd Fairfax I. S. plc Malcolm Norris Chief Executive Officer and Managing Director Level 2, 169 Mary Street, Brisbane QLD 4000 Mobile: +61 417 956 402|Office: +61 7 3236 4869 Email: mnorris@solgold.com.au Page 22