Gullewa Limited · ASX:GUL
Gullewa — Shareholder Meeting (November 2009)
15 slides from Gullewa's shareholder meeting presentation, Nov 30, 2009
Slide 1: Outline of Exploration Areas
Outline of Exploration Areas
Slide 2: Mineral and Coal Investments Pty Ltd Area Summary
MINERAL AND COAL Permit number and Location INVESTMENTS PTY 1875 LTD AREA SUMMARY Number and Total Area 12 Areas 756 Sub-blocks 2330 km2 Distribution Cooktown in the north to Texas in the south Geological Setting Laura Basin Townsville Basin Calen Basin Bowen Basin Mulgildie Basin Surat Basin Explor
Slide 3: EPC 1296 Connemarra
EPC 1296 CONNEMARRA Location 65 km SSE of Emerald 40 Sub-blocks (123 km2) Status Granted Surface Freehold Work programme $75K 2 years Geology and Exploration SW Bowen Basin Contains formations known to be coal bearing elsewhere No significant previous exploration
Slide 4: EPC 1296 Connemarra Exploration Target
EPC 1296 CONNEMARRA EXPLORATION TARGET Target Sequence Basal Colinlea Sandstone Jochmus Sandstone Target Coal Type Thermal Coal Mining Potential Most likely underground but has open cut possibilities
Slide 5: EPC 1297 Back Creek
EPC 1297 BACK CREEK Location 45 km SE of Wandoan 20 Sub-blocks (62km2) Near “missing link” to Gladstone Status Application Surface Primarily State Forest Work programme $75K 2 years Geology and Exploration Eastern Surat Basin Taroom Coal Measures 20 km of strike length Limited previous exploration A
Slide 6: EPC 1298 Kilmain
EPC 1298 KILMAIN Location 75 km SE of Emerald 16 Sub-blocks (50 km2) Status Granted Surface Freehold Work programme $75K 2 years Geology and Exploration SW Bowen Basin Underground Rangal Coal Measures Limited previous exploration
Slide 7: EPC 1298 Kilmain Stratigraphic Units and Previous Exploration
EPC 1298 KILMAIN Principal Stratigraphic Units Previous Exploration One hole NS168 - six seams 0.3m to 1.89m thick At depths of 419 to 503m Exploration Potential Substantial underground resource (Pollux Seam) Likely Coal Seam development Low ash soft coking or thermal coal Probably shallow dips, lim
Slide 8: EPC 1324 Linallie
EPC 1324 LINALLIE Location 230km SW 0f Brisbane 42 Sub-blocks (117 km2) Status Application Surface State Forest and Freehold Work programme $282K 2 years Geology and Exploration Southern Surat Basin Walloon Coal Measures Possible Permian Ashford Coal Measures Equivalent? Thermal and coking coal Limi
Slide 9: EPC 1492 & 1617 Townsville & Townsville Extended
EPC 1492 & 1617 TOWNSVILLE & EPC 1492 West Rosneath Quarry TOWNSVILLE EXTENDED Location EPC 1492 West and South of Townsville East T 154 Sub-blocks (477 km2) TE 65 Sub-blocks (202 Km2) Status T Application TE Granted Surface Primarily Freehold EPC 1617 Work programme T $475K 5 years TE $475K 5 years
Slide 10: EPC 1492 Coal Outcrop in Roseneath Quarry
EPC 1492 COAL OUTCROP IN ROSENEATH QUARRY
Slide 11: EPC 1631 & 1820 Calen South & Bolden
EPC 1631 & 1820 CALEN SOUTH & BOLDEN Location West of Mackay to 55km NW of Mackay CS 52 Sub-blocks (161 km2) B 17 Sub-blocks (53 km2) EPC 1631 Status CS Granted EPC 1820 B Application Surface Primarily Freehold Work programme CS $75K 2 years B $300K 5 years Geology and Exploration Lower Permian Cale
Slide 12: EPC 1631 & 1820 Geological Map
EPC 1631 & 1820 GEOLOGICAL MAP Sequence affected by folding and faulting Seams up to 2.6 m thick mined previously Low volatile thermal coal or PCI Principal target moderate to small underground resource Given location resource of this type and rank potentially economic
Slide 13: EPC 1672 Lochaber
EPC 1672 LOCHABER Location 290 km NW of Brisbane 47 Sub-blocks (146 km2) Status Application Surface Primarily Freehold Work programme $300K 5 years Geology and Exploration Mulgildie Basin Walloon equivalent Monto CM Exploration Target Extension of known coal occurrences to the north Follow-up on rep
Slide 14: EPC 1874 Normanby
EPC 1874 NORMANBY Location 40 km SW of Cooktown 86 Sub-blocks (267 km2) Status Application Surface Primarily Freehold Work programme $500K 5 years Geology and Exploration Late Permian Normanby Formation Very limited previous exploration Exploration Target High rank thermal coal or PCI
Slide 15: EPC 1875 Pine Tree
EPC 1875 PINE TREE Location 100 km W of Cooktown 217 Sub-blocks (670 km2) (Large Area) Status Application Surface Primarily Leasehold ? Work programme $915K 5 years Geology and Exploration Late Permian Normanby Formation Very limited previous exploration Exploration Target High rank thermal coal or