Slide 1: Emerging World-Class Copper Gold Discovery
Emerging World-Class Copper Gold discovery June 2013 1
Slide 2: Importance Notice & Disclaimer
Importance Notice & Disclaimer These presentation slides (the “Slides”) have been issued by SolGold 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 const
Slide 3: Corporate Snapshot
Corporate Snapshot AIM quoted (SOLG): 4.2p Shares on issue: 544.04m Market cap: £23.1 m Recent placement of 119.8 m sh @ 1.5p raising £1.8m (A$2.6m) Good liquidity Board/management highly incentivised Targeting significant Significant Shareholders shareholder value creation (A$1.0 bill
Slide 4: Board and Management
Board and Management Experienced Team with Discovery Track Record and Delivery of Shareholder Growth Alan Martin – Chief Executive Officer Dr Bruce Rohrlach – Chief Geologist •Canadian born, geologist for Delta Gold in •24 years in Australia, Philippines, 1980’s PNG, Indonesia, South America. •20 yr
Slide 5: Cascabel: Revised Agreement, SolGold Earns More, For Less, More Secure
Cascabel: Revised Agreement, SolGold Earns More, For Less, More Secure Previous Revised Expenditure $7.8m Exploration $2.5m $20m Feasibility Placements $650K $1.4m ($650k paid, $750k remaining) Project interest earned 65% +20% 85% (20% + 10% + 20% + 35%) + $0.5m in SolGold shares to Cornerstone SolG
Slide 6: World-Class Copper Gold Porphyry Potential
World-Class Copper Gold Porphyry Potential WHY IS IT THERE? • Andean Copper Trend is the world’s richest – Escondida, El Cobre etc • Thick oceanic ridges enhance the metal contents in porphyries WHY IS IT AVAILABLE TO US? • Ecuador is poorly explored – imprimatur of Kinross, Codelco, Corriente • Cor
Slide 7: Cascabel - Location
Cascabel - Location Good access and infrastructure; 3 hour drive from Quito on bitumen road (much of it Pan American highway); elevation 750m to 2100m asl; 75km inland, 150km from the port of Esmeraldas. Page 7
Slide 8: South American Porphyry Cu Deposits
South American Porphyry Cu Deposits Page 8
Slide 9: Main Metallogenic Cu Belts of the Andean Cordillera
Main Metallogenic Cu Belts of the Andean Cordillera Miocene of Ecuador and Colombia << Least well explored Junin, (Cascabel ?), La Colosa, Mid to Late Miocene Northern Peru La Granja, Cerro Corona, Michiquillay, Magistral Palaeocene-Eocene of Northern Chile-Southern Peru Spence, Cerro Colorado, Toqu
Slide 10: Cascabel in Highly Endowed South American Andes Copper-Gold Porphyry Belt
Cascabel in Highly Endowed South American Andes Copper-Gold Porphyry Belt Cascabel is located in the same continental scale belt as some of the world’s largest copper and gold porphyry deposits: •Cobre Panama •La Colosa •Escondida •Chuquicamata Page 10
Slide 11: The Top of Cascabel is Just Exposed
The Top of Cascabel is Just Exposed Typical Porphyry Cu-Au Deposit Page 11
Slide 12: Elephant Country - Cascabel 60 km NE of Junin
Elephant Country - Cascabel is 60 kms NE of 982 mt @ 0.9% Cu (Junin) Major Structures Cu-Au Rich Source Intrusions Fertile Miocene Intrusive Complexes Page 12
Slide 13: Coincident Cu-Au-Mo Anomalism Illustrates Potential for Classic Porphyry Systems
Coincident Cu-Au-Mo Anomalism Illustrates Potential for Classic Porphyry Systems Soil sampling over 20 km2: 200x100m and 100x100m Clustered Molybdenum distribution reflects porphyry centres Page 13
Slide 14: Cascabel Copper Geochemistry Provides a World Class Target Like Tujuh Bukit
Cascabel Copper Geochemistry Provides a World Class Copper-Gold Porphyry Target Like Tujuh Bukit Cascabel Cu (Soils) Tujuh Bukit Cu (Soils) same scale, same cutoffs Page 14
Slide 15: Three Porphyry Targets and One Epithermal Target
Three Porphyry Targets – Alpala, Aguinaga, Tandayama/America, One Epithermal Target – Rio Cachaco Alpala Cu-Au Porphyry Alpala Cu-Au Porphyry 1. Multi-dataset support 2. Coincident Cu-Au-Mo-As + (Sb, Bi) 3. Alteration Zonation (Spectral data) 4. Magnetic highs overprinted by magnetite destructive al
Slide 16: The Alpala 3D Inversion Model
The Alpala 3D Inversion Model 3D Inversion Model of Magnetic Survey Data Spanning the Broader Alpala Region. The magnetic apophyse (red shape) which extends above the modelled magnetic batholith underlies the southeast Alpala region. The area around the margins of this magnetic apophyse and which en
Slide 17: Magnetic Apophyse Illustrates the Porphyry Target
Magnetic Apophyse Illustrates the Porphyry Target Almost 1 km of vertical extent Magnetic 3D Inversion Model Section at 83,400 mN through the Magnetic 3D Inversion Model. The section runs east-west through the central Alpala region of mineralised porphyry quartz stockwork veins. Page 17
Slide 18: Tujuh Bukit Deposit - Tumpangpitu Batholith 3D Inversion Magnetic Model
Tujuh Bukit Deposit - Tumpangpitu Batholith 3D Inversion Magnetic Model
Slide 19: Strong Correlation Between Au Mineralisation & Magnetite
Strong Correlation Between Au Mineralisation & Magnetite North High Grade Cu-Au Vein @ Cascabel Trench TH57: 0.35m @ 43.7% Cu, 12.2 g/t Au, within longer trench of 45.5m @ 0.46 g/t Au, 0.5% Cu (uncut) or 45.5 m @ 0.25% Cu when the 35 cm high grade zone is Tuju Bukit 3D Magnetic Model cut to 10% Cu S
Slide 20: Major Alteration Zones & Large Magnetic Apophyse Define Porphyry Target
Major Alteration Zones & Large Magnetic Apophyse Defines World Class Porphyry Target Magnetic apophyse (1 x 0.5 km) centrally underlies two lobes of shallow acid alteration “lithocap” over 2 x 1 km Page 20
Slide 21: The Carmen-Alpala Interpretative Long Section
The Carmen-Alpala Interpretative-Long Section Developing geological model and interpretative (1:1 scale) long-section through the Alpala region. The two lithocap remnants (orange areas) that cap the Alpala porphyry Au-Cu system were once likely contiguous across the Alpala valley. The vertical relat
Slide 22: Mineralised Porphyry Stockwork Window and Planned Holes 1 and 2
Window of Mineralised Porphyry Quartz Stockwork Veining exposed in Quebrada Alpala and Planned Holes 1 and 2 Page 22
Slide 23: Classic Porphyry Mineralisation at Cascabel
Classic Porphyry mineralisation at Cascabel Outcropping Gold-Copper Porphyry in Main Regional Porphyry Belt • Copper and gold in magnetite rich veins and zones. • Integration of Quebrada Moran B vein stockwork Quebrada Alpala porphyry stockwork magnetics, radiometrics, soil sampling and alteration m
Slide 24: Long High Grade Copper Gold Intersections in Trenches at Alpala
Long High Grade Copper Gold Rich Intersections in Trenches at Alpala Trench TR46: 45.63m @ 0.81 g/t Au, 0.59% Cu Trench TR49: 22.39m @ 0.16 g/t Au, 0.30% Cu Trench TR56: 56.93m @ 1.16 g/t Au, 0.34% Cu Chief Geologist, Dr Bruce Rohrlach Inspecting LithoCap Page 24
Slide 25: Alpala Surface Trench Samples
Alpala Surface Trench Samples Page 25
Slide 26: Stage 1 Drill Hole Locations
Stage 1 Drill Hole Locations Page 26
Slide 27: Cascabel Lithocap Comparable to Tujuh Bukit
Cascabel Lithocap Comparable to Tujuh Bukit Comparable Potential Scale to the 1.9 billion tonne Tujuh Bukit Gold-Copper Project in Indonesia held by Intrepid Mines (19 billion pounds of Copper, 28 million ounces of Gold) Page 27
Slide 28: Cascabel's Footprint Next to Giant Cu Au Porphyry Deposits
Cascabel’s Footprint Next to Giant World Class Cu Au Porphyry Deposits
Slide 29: Gold (Silver) Projects, Australia
Gold (Silver) Projects, Australia Page 29
Slide 30: Rannes Au-Ag Project Potential for Additional Resources
Rannes Au-Ag Project Potential for Additional Resources Clustered epithermal gold-silver deposits in belt ~ 25km long Current Indicated and Inferred resources of: 18.7 mt @ 0.49 g/t Au & 16.9 g/t Ag for 296,657 ozs Au & 10.1 m ozs Ag (@ 0.3 g/t Au equiv cutoff, 40:1 Ag:Au ratio) or 12.23 mt @
Slide 31: Rannes - Many Untested Prospects
Rannes- Many Untested Prospects Page 31
Slide 32: Gold Copper, Solomon Islands
Gold Copper, Solomon Islands Fauro & Kuma (100% SolGold), prospective for Cu-Au porphyry & epithermal Au deposits Page 32
Slide 33: Concealed Porphyry Target at Kuma Project, Solomon Islands
Concealed Porphyry Target at Kuma Project, Solomon Islands Page 33
Slide 34: Targets and News Flow
Targets and News Flow Cascabel News Flow 3D Magnetic Modeling Completed Trenching completed • Environmental License Application imminent •Drilling targeted for June 2013, subject to issue of environmental permits Rannes & Solomon Islands •Exploration results under review Page 34
Slide 35: Appendix - About Ecuador
Appendix - About Ecuador Area: 280,000km2 (slightly larger than Victoria) Population: ~14 million Currency: US$ Language: Spanish Security/safety: Good (better than Philippines, Colombia) Government: Presidential (Legislative, Executive, Judicial) Presidential Election: Presidential elections in Feb
Slide 36: Value Creation Through Discovery
Value Creation Through Discovery Intrepid delivered A$1Bn Market Cap for A$50M Expenditure PEAK $2.34p s 30 fold value increase GFC through discovery of 8cps the giant Tujuh Bukit deposit Page 36
Slide 37: Cascabel: Nursery for Local Community
Cascabel: Nursery for Local Community Page 37
Slide 38: Lemon Trees for Local Community
Lemon Trees for Local Community Page 38
Slide 39: Alpala Lithocap
Alpala Lithocap Page 39
Slide 40: Thank you
Page 40 J} SolGold J Thank you )
Slide 41: www.solgold.com.au
www.solgold.com.au Qualified Person Information in this report relating to exploration results is based on data reviewed by Mr Nicholas Mather (B.Sc. Hons Geol.), an Executive Director of the Company. Mr Mather is a Fellow of the Australasian Institute of Mining and Metallurgy who has in excess of 2