Copper Rich Porphyry Targets In Papua New Guinea (PNG)
Keveri Copper-Gold Project March 2019
Corporate Presentation
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Corporate Presentation 1 Forward Looking Statement & - - PowerPoint PPT Presentation
Copper Rich Porphyry Targets In Papua New Guinea (PNG) Keveri Copper-Gold Project March 2019 Corporate Presentation 1 Forward Looking Statement & Disclaimer Certain information set forth in this presentation may contain forward-looking
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§ Certain information set forth in this presentation may contain forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Corporation’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control. The Corporation’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. § Any forward-looking statement made by us in this Presentation is based only on information currently available to us and speaks
to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. § The Presentation Materials are not intended to provide financial, tax, legal or accounting advice and do not purport to contain all the information that a prospective investor may require. Each prospective investor should perform and rely on its own investigation and analysis of the Corporation and the terms of any offering of the Securities, including the merits and risks involved, and are advised to seek their own professional advice on the legal, financial and taxation consequences of making an investment in the Corporation. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumption and each recipient should satisfy itself in relation to such
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Alan Martin - President, CEO & Managing Director, Sydney, Australia
§ A strong geological background and +20 years experience in investment markets specialising in metals & mining § Creating shareholder value as CEO/MD of SolGold from 2013 to 2015 during early discovery of Alpala Cu--Au porphyry deposit in Ecuador
Iain Martin MSc. - Executive Director (based in Timmins, ON, Canada)
§ Mining engineering degrees from Queen’s University § +20 years experience as portfolio manager with RBC Wealth Management, Dominion Securities
Paul Rokeby CPA, CA.- Chief Financial Officer (based in Timmins, ON, Canada)
§ Partner of MNP, exploration companies experience and general accounting practices – 30 years 4
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Leopher Dagdag - Exploration Manager (based in Manila, Philippines)
§ +15 yrs experience as an Exploration Geologist § senior geologist for Anglo American from 2012 to 2018 on Porphyry Cu-Au projects in Irian Jaya & PNG (Star Mtns Cu Porphyry deposit from 2015- 2018) § Tujuh Bukit Porphyry Cu-Au deposit for Intrepid Mines from 2011 - 2012
Yaeti Gaegae - Field Geologist (based in Port Moresby)
§ +15 yrs experience PNG National Geologist with a variety of exploration experience including Porphyry Cu-Au deposits & terrains
Richard Moore – Field Geologist (based in Port Moresby) § +12 yrs experience PNG National Geologist with a variety of exploration experience including Porphyry Cu-Au deposits & terrains Eugene (Eu) Atase – Field Geologist (based in Port Moresby)
§ +10 yrs experience as PNG National Geologist with a variety of exploration experience including Porphyry Cu-Au deposits & terrains
Franson Peter - Field Geologist (based in Port Moresby)
§ +10 yrs experience as PNG National Geologist with a variety of exploration experience including Porphyry Cu-Au deposits & terrains 5
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§ Dedicated career to PNG as a geologist for +40 yrs part of very early 4 man team that discovered giant Wafi- Golpu deposit in Feb 1978 § Discovered Mt Sinivit gold deposit on New Britain in July 1983 Mark Hill – Senior Geological Consultant § +15 yrs experience across gold and base metal projects in Australia & PNG § Director & substantial shareholder Papuan Minerals Pty Ltd Jean Roy - Advisor (based in Timmins, ON Canada) § Former business advisor to “Pelangio Larder Mines” in the acquisition of a major interest in the multi--million oz. Detour Lake gold deposit § Former advisor to Richfield Ventures Inc. during discovery of Blackwater gold deposit, BC, Canada. Robert Middleton - Advisor (based in Thunder Bay, ON) § Geophysicist, VP Rosario Resources during discovery of Bell Creek gold deposit Timmins, responsible for discovery drill hole for Goliath gold deposit, Hemlo, Ontario
§ Key geologist in Delta Gold’s discovery team for some of Australia’s major § Successful career starting junior exploration & mining companies. Last deal Copper Mountain’s (CMMC.TO) acquisition of Altona Mining (AOH.ASX) which earned London Mines & Money Small & Mid--Cap Deal of Year Award 2014. Ian Daymond - Advisor (based in Sydney, Australia) § Extensive legal/commercial experience with junior and major ASX listed companies (Delta Gold & WMC Ltd) George Pirie - Advisor (based in Timmins, ON Canada) § Past President & CEO Placer Dome Canada
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Share Outstanding – 31.5M | Options – 3.0M | Fully Diluted – 34.5M | Cash on Hand - $0.35M
Option deal agreement in place, initiated mapping, rock sampling, soil geochemistry on OMU target, relationship building with local communities
Advance exploration on OMU and Araboro targets, complete NI 43-101 on OMU target, develop drill targets, prepare for IPO/RTO
Prepare for minimum 3000m drill program on OMU target, G&A, option payments, working capital
§ All currency numbers in $CAD unless otherwise stated
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§ Objective to provide substantial value creation for investors related to discovery of major copper- gold deposit(s) at Keveri Project. Similar substantial value creation has been created for investors by exploration companies from the discovery of major world-class copper deposits, ex: SolGold, Cornerstone Capital, Reservoir Minerals, Intrepid Mines. § PNG an excellent geologic region, world-class porphyry Cu-Au potential, “elephant country”. Long history of exploration & mining in PNG, stable investment climate, attractive fiscal terms. § Keveri Project ripe for discovery, early exploration at Omu delivers large Cu-in-soil footprint with associated high-grade Cu in outcrop & presence of high-grade Cu in float samples in multiple small drainages within target area § Competitive Advantage, large tenement package, potential for access road from nearby Doma village, strong relationship with local community § Major targets areas within Keveri Project with world class potential – Omu, Araboro, Urua & Ioleu
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Keveri Project
Porphyry Cu-Au Targets
New Guinea (”Mobile”) Fold Belt 9
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Project Locality
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OMU – large Cu in Soil Footprint bodes well for large porphyry target
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Alan Martin (Pres/CEO) & Leo Dagdag (Exploration Manager) inspecting Cu rich rocks from Omu target Leo Dagdag, David Lindley & Alan Martin, mobilisation of Exploration Crew Feb 2019
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15 Sheeted Cu-rich veins in float sample, Omu Creek Alan Martin, Pres & CEO inspecting mineralized float in Omu NE area
Wanu’s Float, Omu Creek RF18100806 6.88%Cu, 0.052 g/t Au
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9.49% Cu, 0.17 g/t Au
Didu Creek Float, 106716 5.07% Cu% Cu, 0.096 g/t Au
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Nadinia Outcrop 106773
14.05% Cu, 0.2 g/t Au
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Ken’s Outcrop, ROC18100807
5.88% Cu, 0.13 g/t Au, 8 g/t Ag Mo
Omu Creek Float, RF 18100910
5.52% Cu, 0.12 g/t Au
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Ada Creek Float, 106706
3.49% Cu, 0.02 g/t Au, 8 ppm Mo
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Araboro, Daru Creek Float, 106785 3.12% Cu, 68 ppm Mo
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