Golden Cross Resources Ltd · ASX:GCR
Golden Cross Resources — IIR's 8th Annual Mining NSW Conference 2014
45 slides from Golden Cross Resources's conference presentation, Aug 26, 2014
Slide 1: Golden Cross Resources – IIR's 8th Annual Mining NSW Conference
For personal use only Golden Cross Resources ASX:GCR IIR’s 8th Annual Mining NSW Conference Orange 26 – 27 August 2014
Slide 2: Corporate Directory
Corporate Directory For personal use only Board of Directors Steve Gemell Chairman Kim Stanton-Cook Managing Director Li Xiaoming Non Executive Director Ian Buchhorn Non Executive Director Suzanne Qiu Non Executive Director Jingmin Qian Non Executive Director Li Yan Alternate Director for Mr Li Comp
Slide 3: Disclaimer & Competent Person Statement
DISCLAIMER & COMPETENT PERSON STATEMENT For personal use only • This material contains certain forecasts and forward-looking information, including information about possible or assumed future performance, exploration results, resources or potential growth of Golden Cross Resources Ltd, industry gro
Slide 4: For personal use only
For personal use only 485Mt @ 15% P2O5 IOCG Ni-Au Copper- Gold Base Metals
Slide 5: Molong Project - Copper Hill
Molong Project - Copper Hill For personal use only
Slide 6: Copper Hill, within the Molong Project
Copper Hill, within the Molong Project For personal use only • JORC 2004: Total Geological Resource: 215 million tonnes at 0.3% copper and 0.24 g/t gold • JORC 2004: Constrained Resource: 155 million tonnes at 0.33% copper and 0.27 g/t gold containing: • 493,000 tonnes of copper and • 1.33 million o
Slide 7: For personal use only
Buckley’s Hill For personal use only Copper Hill Wattle Hill Buckley’s Hill Copper Hill Wattle Hill
Slide 8: For personal use only
For personal use only 1 kilometre
Slide 9: For personal use only
For personal use only
Slide 10: Heron Resources Invests
Heron Resources Invests For personal use only • Ian Buchhorn, formerly Managing Director of Heron Resources (HRR)and soon to be an executive director of the new entity created by the merger between Heron and TriAusMin, became a director of Golden Cross in early 2014. • Ian Buchhorn has been enthusia
Slide 11: Heron Resources and HQ Mining, working together to bring Copper Hill forward
Heron Resources and HQ Mining, working together to bring Copper Hill forward For personal use only Ian Buchhorn Jingmin Qian Suzanne Qiu
Slide 12: Drilling has commenced
Drilling has commenced For personal use only $1.5 million, 5000 metre, Core Drilling Program The injection of funds to GCR from its new 19.9% shareholder Heron Resources has enabled GCR to embark on a major new drilling program to discover buried porphyry intrusions and extensions to known mineralis
Slide 13: Greg Corbett's Evolving Porphyries
For personal use only Greg Corbett’s Evolving Porphyries
Slide 14: Greg Corbett photographs
Greg Corbett photographs For personal use only Sheeted laminated quartz- Stockwork B veins in intrusion F magnetite-sulphide (M style) veins DDH 107 214m within intrusion F - DDH107, 257 m. Sheeted B veins in sericite altered C vein style sulphides overprinting intrusion F. Note the central laminate
Slide 15: For personal use only
For personal use only Later sulphides overprint laminated Early chlorite-magnetite alteration cut by and B veins – DDH 64 130m later sulphides of a C vein style – DDH 74 248m. Sulphide fill breccia of a C vein Pyrite-rich D vein with later carbonate - type- DDH 107 232m. DDH 74 245m
Slide 16: GCHD469 on 6150N
GCHD469 on 6150N For personal use only (white)
Slide 17: New prospect opening up
New prospect opening up For personal use only • GCHR190, some 250 metres south of GCHR319 and traversing sections 5950N to 5900N, also contains mineralised breccia fragments. This hole also maintains higher relative copper and gold grades at depth (e.g. 20 m @ 0.58% copper and 0.3g/t gold and 27m @
Slide 18: For personal use only
GCHD469 was completed at 894 metres and alteration, zones of brecciation with mineralised For personal use only breccia clasts, abundant pyrite (potentially gold- bearing) and indications of copper mineralisation continued almost to end-of-hole.
Slide 19: Assay Results for GCHD469
For personal use only Assay Results for GCHD469 using 0.2% copper and 0.4% copper cut-off grades
Slide 20: For personal use only
GCHD469 targeted mineralisation at depth beneath Buckley’s Hill, 750 metres northwest of Copper Hill. It is For personal use only the deepest hole ever drilled beneath the Copper Hill system and has provided additional information on the nature of the Copper Hill intrusions at depth. Abundant anhydr
Slide 21: Cross-section 6150N showing GCHD469
Ea oss-section 6150N showing trace / GCHD469 beneath previously yf fn mineralisation. / (Green shell based on 0.3% copper t-off grade, blue shell surrounds .2% copper grade. i 200 metres | \ < 178m @ 0.26% copper, 0.24 g/t gold iss ‘= fe) | FOr fer 30m @ 0.26% copper, 0.70 git gold %
Slide 22: For personal use only
The mineralized sequence intersected in GCHD469 correlates well with the up-dip drill-hole GCHR319 For personal use only on section 6150N, but with lower copper and higher gold tenor in GCHD469. Mineralisation may continue to the south of GCHD469 in the zone to the north of, and below, previous dril
Slide 23: For personal use only
For personal use only The mineralized sequence intersected in GCHD469 correlates well with the up-dip drill-hole GCHR319 on section 6150N, but with lower copper and higher gold tenor in GCHD469. Mineralisation may continue to the south of GCHD469 in the zone to the north of, and below, previous dril
Slide 24: View looking southwest
For personal use only View looking southwest, the same angle as the following slides from underground…
Slide 25: Leapfrog shells at 0.5% copper cut-off
For personal use only Looking southwest at Leapfrog shells at 0.5% copper cut-off
Slide 26: Leapfrog shells at 0.4% copper cut-off
For personal use only Looking southwest at Leapfrog shells at 0.4% copper cut-off
Slide 27: Leapfrog shells at 0.3% copper cut-off
For personal use only Looking southwest at Leapfrog shells at 0.3% copper cut-off
Slide 28: Leapfrog shells at 0.2% copper cut-off
For personal use only Looking southwest at Leapfrog shells at 0.2% copper cut-off. Buckley’s Hill to near right
Slide 29: Looking southeast at Leapfrog shells
For personal use only Looking southeast at Leapfrog shells at 0.2% copper cut-off. Buckley’s Hill to near left.
Slide 30: Looking west at Leapfrog shells
For personal use only Looking west at Leapfrog shells at 0.2% copper cut-off. Wattle Hill to left (south), Copper Hill centre, Buckley’s Hill to right (north)
Slide 31: Buckley's Hill GCHD470
Buckley’s Hill GCHD470 For personal use only 60 metres at 1.83% copper & 5.41 g/t gold Copper Hill Red Leapfrog shells at 1% copper cut- off. Note northwest structural elements Wattle Hill
Slide 32: For personal use only
GCHD470 was completed at 366 metres returning very high copper and gold grades in the upper sections. Assays For personal use only have now been received for the whole hole to 466 metres. The hole targeted near-surface mineralisation between existing, historic holes at Central Copper Hill and was ex
Slide 33: Assay intervals at 0.4% and 0.3% copper cut-off
Pi. 0.4% copper cut-off: | From(m) | To(m) | Interval(m) | Copper% | Gold g/t _ pou | lm | Ss |e | m6 =| tS] S| we Se 0.3% copper cut-off: | From(m) | To(m) | Intervat(m) | Copper% | Gold g/t _ 102
Slide 34: For personal use only
For personal use only The porphyry copper-style mineralisation occurs within micro-tonalite and tonalite porphyry as laminated quartz- magnetite vein stockwork with chalcopyrite, pyrite and gold.
Slide 35: 0.4% copper cut-off
For personal use only 0.4% copper cut-off:
Slide 36: For personal use only
For personal use only
Slide 37: For personal use only
w w is iS S S =) 3 5 a a a GCHD 470 4800mE cHRegs 438437 CHM12 411.1 134 tor 46 CHET 400,30 169 3n 446,83,201 1500mRL 1400mRL 1300mRL \ andesite Ene 34/0.29/0.21 KR ee . volcanic QZ veined, 1200mRL crowded VRpA 4 tonalite crowded tonalite porphyry \ \ \ | | | | | Intersection 1100mRL i m/Cu%/Au g/t
Slide 38: For personal use only
For personal use only 60 metres @ 1.83% Cu & 5.41g/t Au 155 metres @ 0.93% Cu & 2.58g/t Au
Slide 39: For personal use only
High grade dilatant zone, trending northwest, For personal use only holds potential to add more tonnes at high grades
Slide 40: 5600N: 0.2% copper leapfrog shells
For personal use only 5600N: 0.2% copper leapfrog shells
Slide 41: 5600N: 0.2% and 0.3% copper leapfrog shells
For personal use only 5600N: 0.2% and 0.3% copper leapfrog shells
Slide 42: 5600N: 0.2%, 0.3% & 0.4% copper leapfrog shells
For personal use only 5600N: 0.2%, 0.3% & 0.4% copper leapfrog shells, looking north.
Slide 43: GCR's Coppervale Office and Core Shed
For personal use only GCR’s ‘Coppervale’ Office and Core Shed beside Copper Hill. Drill rig set up on 5500N drilling GCHD471 completed at 466 metres on 19th August ‘Coppervale’ core yard
Slide 44: What's to come?
For personal use only What’s to come?
Slide 45: this is what GCR is aiming for!
…….. this is what GCR is aiming for! For personal use only
Golden Cross Resources — IIR's 8th Annual Mining NSW Conference 2014 on 6ix