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Copper Rich Porphyry Targets In Papua New Guinea (PNG) Keveri Copper-Gold Project Summer 2019 Corporate Presentation 1

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Page 1: Copper Rich Porphyry Targets In Papua New Guinea (PNG)goldenbirchresources.ca/wp-content/uploads/2019/12/...prospective for large, rich, porphyry copper-gold deposits. §As at June

Copper Rich Porphyry Targets In Papua New Guinea (PNG)

Keveri Copper-Gold Project

Summer 2019

Corporate Presentation1

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Forward Looking Statement & Disclaimer

This document contains "forward-looking information" within the meaning of applicable Canadian securities legislation and United Stated federal securities laws. Forward-looking information includes, but is not limited to, information with respect to future exploration and development plans, the adequacy of Golden Birch's financial resources, business plans and strategy and other events or conditions that may occur in the future. Generally, forward-looking information can be identified by the use of forward- looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward- looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Golden Birch to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining industry such as economic factors as they effect exploration, future commodity prices, obtaining financing, market conditions, changes in interest rates, actual results of current exploration activities, government regulation, political or economic developments, environmental risks, insurance risks, capital expenditures, operating or technical difficulties in connection with development activities, personnel relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of resources and reserves; contests over title to properties, and changes in project parameters as plans continue to be refined. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Assumptions have been made regarding, among other things: Golden Birch's ability to carry on its exploration and development activities, the timely receipt of any required approvals, the price of metals, the ability of Golden Birch to obtain qualified personnel, equipment and services in a timely and cost-efficient manner, the ability of Golden Birch to operate in a safe, efficient and effective manner, the ability of Golden Birch to obtain financing on acceptable terms, the accuracy of Golden Birch's resources estimates and geological, operational and price assumptions on which these are based and the regulatory framework regarding environmental matters. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Although Golden Birch has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Golden Birch does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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Forward Looking Statement & Disclaimer

Disclaimer to United States InvestorsThis document does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States.§ The securities of the Company have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any

state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

No Incorporation by Reference§ No information included herein shall be deemed to be incorporated by reference into any of Golden Birch's regulatory filings, unless expressly

indicated in any such filings. In addition, no information shall be incorporated by reference into this website, unless otherwise specified.

Exclusion of Liability§ Golden Birch shall not be liable for any claims, expenses, damages (including direct, indirect, special, incidental, punitive or consequential damages),

loss of profits, opportunities or information arising from:

§ the use of or reliance on information contained in this document;

§ any inaccuracy or omission in such information or failure to keep the information current;

§ any delays, inaccuracies or errors in, or in the transmission of, any stock price quotes or historical price data; and

§ any other matter connected with this website; even if Golden Birch is made aware of the possibility of such claims, expenses, damages or losses.

Securities regulators have not reviewed the information in this document and no securities regulator accepts responsibility for the adequacy or accuracy of this document. Technical information presented in this document have been reviewed by Mr I. Taylor, MAusIMM(CP) (December 9, 2019), a consultant to the Company and a "qualified person" under National Instrument 43-101.

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Golden Birch Resources at a Glance

§ Option agreement with Papuan Minerals Pty Ltd to acquire 85% of Papuan Minerals Ltd that owns 100% of Keveri Project (“Keveri”), Papua New Guinea (PNG). Keveri consists of 2 Exploration Licenses, EL 2391 & 2560.

§ Keveri is located along the New Guinea Mobile Belt, a regional geologic trend in PNG, highly prospective for large, rich, porphyry copper-gold deposits.

§ As at June 30 $2.04m, 64m shares issued, fully diluted 70.3m shares§ Exploration advances existing targets at Omu & Daru, with a new discovery at Waki§ Planned 3rd financing Sept and listing in Sept-Oct 2019, Toronto, Canada§ Experienced management team with clearly defined path to create material shareholder value§ Competitive advantage, large tenement package, planned access road from nearby Doma village

(20km) plus strong relationship with local community

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Directors and Management

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Alan Martin HBSc - President, CEO & Managing Director, Sydney, Australia

§ Geologist, 20+yrs investment markets, mining analyst/portfolio manager Westpac, Colonial First State Investment Management and Insurance Australia Group, Solgold CEO/MD 2013-2015, early stage discovery, Ecuador, Honours Bachelor of Geology, Lakehead University, Thunderbay, ON. Alan holds a diploma in Applied Finance and Investment Analysis from SIA.

Iain Martin MSc. - Executive Director, and Secretary, Timmins, ON, Canada

§ MSc Mining Engineering, Queen’s University, +20 years experience Investment Advisor, RBC Wealth Management, founder and CEO/director of 5SD Capital 2016-2018

David Drinkwater – Chair, Toronto, ON, Canada

§ Currently director of Transalta Renewables, 30+ yrs, Executive positions with Rothschild Canada, Nortel, Ontario Power Generation, Masters in Laws, LSE and Bachelor of Law Dalhousie University, Business Admin University of Western Ontario

Andrew Morris MBA – Director, Brisbane, Australia

§ Also serves as Director of Papuan Minerals Pty, Ltd, assists foreign and domestic companies with trade and investment opportunities across Australia’s resources and energy sectors. Served as Regional CEO of Applus Velosi, bachelor degrees from Australian National University in Economics, Commerce and Law, Masters degree in Strategic Studies, and MBA University of Queensland.

Dr. David Lindley – Director, New South Wales, Australia

§ +40 yrs geological experience PNG, director of Papuan Minerals Pty Ltd, long-established network of connections PNG exploration industry, past VP Exploration of New Guinea Gold Corporation, also founder and CEO/director of Papuan Precious Metals Corp 2007-2012. Ph.D. in geology University of New South Wales 1982, geological work in the Keveri-Mt. Suckling area spans +30 years.

Paul Rokeby CPA, CA.- Chief Financial Officer, and Treasurer, Timmins, ON, Canada

§ Partner of MNP, exploration companies experience and general accounting practices – 30 years

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Technical TeamLeopher Dagdag - Senior Geologist, resides in 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, Port Moresby, PNG§ +15 yrs experience PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Mark Hill – Senior Geological Consultant, Perth, Australia§ +15 yrs experience across gold and base metal projects in

Australia & PNG

§ Director & shareholder Papuan Minerals Pty Ltd

Richard Moore – Field Geologist, Port Moresby, PNG§ +12 yrs experience PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Eugene (Eu) Atase – Field Geologist, Port Moresby, PNG§ +10 yrs experience as PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Franson Peter – Field Geologist, Port Moresby, PNG§ +10 yrs experience as PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & t

Christine Sorom – Senior GIS specialist, PNG§ +7 yrs experience in PNG, specializing in GIS database

management (MapInfo/Discover)

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Advisors

W. John Armstrong—National Manager, KPMG, Toronto, Canada

§ National Industry Leader, Financial Services, KPMG

Canada based in Toronto. Strategic consultant for

Monitor Company and management consulting

across all industries for Accenture Canada.

Jean Roy - 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

Richfield Ventures Blackwater gold deposit

discovery, BC, Canada.

Ian Daymond LLB- Sydney, Australia§ Extensive legal/commercial experience with junior

and major ASX listed companies (Delta Gold & WMC

Ltd

Robert Middleton - Thunder Bay, ON, Canada

§ Geophysicist, VP Rosario Resources during discovery of

Bell Creek gold deposit Timmins, VP Exploration Rainy

Mountain Resources

Dr. Alistair Cowden - Perth, Western Australia

§ Key geologist in Delta Gold’s discovery team for some of

Australia’s major gold mines, later focus on junior

exploration start-ups

§ 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.

George Pirie – Timmins, ON Canada

§ Past President & CEO Placer Dome Canada, corporate and

board experience for past 35 years in Canadian Mineral

Industry, currently Mayor of Timmins, Ontario, Canada

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Corporate Structure, Ownership & Financings 2018-2019

Share Outstanding – 64M | Options – 6.25M | Fully Diluted – 70.3M | Cash - $2.043M June 30, 2019

§ 216 shareholders, insiders 19%, friendly investors 71% § 1st Financing Sept-Oct 2018 --- $1.31M ($0.051/share)

Option deal agreement in place, initiated mapping, rock sampling, soil geochemistry on Omu target, relationship building with local communities

§ 2nd Financing Mar-June 2019 ---$2.856M ($0.10/share)Advanced exploration on Omu and Daru/Araboro targets, identified new area at Waki , completed IP Survey on Omu, draft NI 43-101, preparation for Listing

§ 3rd Financing/Listing planned Sept/Oct 2019 CSE ---target $3-5M (share price TBA)

Post listing; complete access road to Keveri site, continue exploration work on Waki, define drill targets, 3000m drill program 1Q20

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Why PNG? Land of Giant Resource Developments

Proven World Class Region§ Numerous world class copper

& gold deposits in the NW-SE New Guinea Mobile Belt (NGMFB)

§ Wafi–Golpu is the most recent world-class discovery in PNG

§ Much of PNG remains under-explored

§ High probability remains for discovering new world-class economic deposits

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Satellite view of Regional geology

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Keveri - Prospect and Target areas

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Keveri - Prospect and Target areas § Focused on Omu, Waki

and Daru prospectswhich are all believed tohave porphyry coppermineralization potential

§ Intersection of DimidiTrend & parallel NNEstructures and theKeveri Fault representideal structural zones forlocalizing porphyrycopper deposits.

§ Other prospective areasUrua, Ioleu and Araboro

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Summary of Exploration

§ At Omu:§ Large porphyry Cu-Au target as evidenced by: large soil anomalies coincident with

alteration zones identified from geological mapping, rock outcrop sampling and IP chargeability anomalies

§ At Waki:§ Prospecting identified outcropping Cu mineralization in altered intrusive rocks,

coincident with a 1kmx1km airborne magnetic anomaly§ Initiated geologic mapping and wide spaced soil sampling

§ At Daru:§ Copper-in-soil footprint 500mx200m anomaly associated with circular /? Intrusive

bodies§ High grade copper in float samples within target area§ Geologic mapping of intrusive rocks with classic porphyry alteration features

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Omu Main Target Exploration

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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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Omu – Exploration Update

§ Detailed exploration work completed to-date:§ Exploration covered an area of 1.5 km x 1.5 kms§ Geologic mapping & prospecting§ Collection of soil samples on 100m x 100m grid§ IP survey completed, 25 lines over 100m spacing

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Omu – high grade outcrop and floatKen’s Outcrop, ROC181008075.88% 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, 1067063.49% Cu, 0.02 g/t Au, 8 ppm Mo

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Omu – soils & IP Survey Data

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Omu – Geologic & IP Survey Data

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OMU – all datasets

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§ Early prospecting and rock sampling§ Detailed geologic mapping§ Grid based soil sampling over

100mx100m

Daru/Araboro – Exploration work to date

fine chalcopyrite+malachite+azurite hosted by diorite

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Daru/Araboro - Cu mineralization

FPA-004

3.63% Cu, 0.009 Au ppm (FLOAT)

106785

3.12% Cu, 0.016 Au ppm (FLOAT)

RMA-012

4.19% Cu, 0.005 Au ppm (FLOAT)

Cu mineralization occurrences in Daru:• Quartz+pyrite+chalcopyrite vein float (FPA-004)• Disseminations/fracture-controlled in diorite float and outcrop with

high Mo (68ppm, Sample ID 106785)• Malachite as supergene copper in most of the floats observed

(RMA-012)

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§ Add picture

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Daru / Araboro

Favourable mapped intrusions, strong alteration & Cu mineralization withincircular features

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§ Exploration work includes:§ Prospecting, outcrop &

float sampling§ Detailed geologic mapping§ Wide spaced soil sampling

(200m line spacing)

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Waki – new Cu discovery

Gossanous mineralised brecciated quartz vein, with chalcopyrite>pyrite +- bornite, in chlorite-sericite-silica altered diorite (109260) Assays pending

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Waki-- Copper Mineralization

1.4%Cu; 0.011Auppm (OUTCROP)

109019

109020

1.2%Cu;0.01 Au ppm (OUTCROP)

Copper mineralization occurrences in Waki:

• Disseminated fine chalcopyrite• Rare chalcopyrite veinlets• Supergene copper (malachite+azurite)

MineralizedQuartz vein in micro-diorite with pyrite & chalcopyrite in outcrop #109080 assays pending

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Waki-- Geology/Alteration & Rocks

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Brecciated quartz+chalcopyrite+-borite

and malachite from 50x60cm sub-

angular boulder in RE Creek (#109014

3.88% Cu)

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Future Exploration Activity

§ Omu: define drill targets

§ Waki: complete soil sampling, geologic mapping, possible IP survey and define drill targets

§ Daru/Araboro: possible IP survey, define drill targets

§ Drilling program (3000m) planned 1Q20

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Planned Future Corporate Activity

§ Sept/Oct 2019 3rd financing/Listing, price tba

§ Listing on Canadian Securities Exchange (CSE), Toronto, CAN.

§ June 30, 2019 cash approx. $2m, 216 shareholders, draft NI 43-101

§ AGM July 30, 2019 Timmins, Ontario—elect 5 member board

§ Strategic planning for next 3 - 12 months include:§ Construction of Access Road from Doma village to Keveri Site (approx 20km),

further exploration at new Cu discovery Waki§ Prioritize drill targets and initiate 3000m drill program 1Q20

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Social & Community – strong relationships

Delivering Christmas parcels to Doma Village, December 2018

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Contact InformationOffices

§ Registered Office and Mailing Address:

140 Cook’s Lake Road, Timmins Ontario, P4R 0B7 Canada§ Regional Office: Sydney NSW

Australia

Contact Details

§ Alan Martin (President & CEO): [email protected]: +61.488.22.3828

§ Iain Martin (Exec Director): [email protected]: 1.705.288.0249

§ Goldenbirchresources.ca

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