mmlondon2009 day1 jocelyn s de w waller sumatra

Upload: dipo-caesario

Post on 03-Jun-2018

217 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    1/29

    Sumatra Copper &

    Gold

    Jocelyn S de W Waller

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    2/29

    www.sumatra-copper-gold.com

    PROFILE

    December 2009

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    3/29

    www.sumatra-copper-gold.com

    SUMATRA COPPER & GOLD

    DisclaimerThis document is prepared as a presenters aid and support. It is not a stand alonedocument. Best efforts have been taken to ensure the accuracy of informationcontained at the time of presentation. In some instances forward targets and/ orassumptions have been included. All such instances are indicative only and subject

    to alteration and/ or cancellation as and when the management of Sumatra Copper &Gold plc sees fit. All information contained herein is general in nature.

    Potential investors are cautioned against using the content of this presentation inisolation for making investment decisions.

    Research and the counsel of a qualified financial adviser or accountant are strongly

    recommended to anyone considering investing in listed company securities,including Sumatra Copper & Gold plc.

    The information in this presentation that relates to Exploration Results, MineralResources or Ore Reserves is based on information compiled by Mr David Stock,geologist, who is a Member of the Australasian Institute of Mining and Metallurgy.Mr Stock is a contracted consultant to the Company who has sufficient experience

    which is relevant to the styles of mineralisation and types of deposit underconsideration and to the activity which he is undertaking to qualify as a CompetentPerson as defined in the 2004 edition of the Australasian Code for Reporting ofExploration Results, Mineral Resources and Ore Reserves. Mr Stock has consentedto the inclusion in this report of the matters based on his information in the formand context in which they appear.

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    4/29

    www.sumatra-copper-gold.com

    SUMATRA COPPER & GOLD

    Salient Facts UK plc established in 2006 (Company no 5777015)

    ABN 14 136 694 267

    ASX listing October 2009 (ASX:SUM)

    Share price A$0.31 market cap A$39.5 million

    (23/ 11)

    92.5% interest in 8 tenements/ 3,715 km in Sumatra

    Tembang JORC resources 1.64 Moz Au 19.8 Moz Ag

    Good exploration potential in all tenements

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    5/29

    www.sumatra-copper-gold.com

    Southern Tenements Gold/ Silver

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    6/29

    www.sumatra-copper-gold.com

    Northern Tenements Copper/ Gold

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    7/29

    www.sumatra-copper-gold.com

    TEMBANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    8/29

    www.sumatra-copper-gold.com

    SiteOperating Mine 1997- 2000

    JORC gold & silver resources

    delineatedPre- feasibility (Snowden) May 2009

    2008 Drilling

    TEMBANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    9/29

    www.sumatra-copper-gold.com

    Halo mineralisation deemed

    uneconomic during prior mining,and dumped as waste. Main wastedump volume circa 9Mm3

    Main Veins and Halo

    TEMBANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    10/29

    www.sumatra-copper-gold.com

    Mineral Resources Feb 2009 (Snowden)

    TEMBANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    11/29

    www.sumatra-copper-gold.com

    Halo beneficiation per METS testing potential project maker

    Crushing to 37 mm, washing & screening at 12.7 mm

    61% of gold recovered from fines & slimes in 24% of mass

    C.3.5 times enhancement of halo grade for $7/ t mill feed Snowden scoping at 2.5 Mtpa cash cost US$559/ AuEoz

    Production 120,000 oz gold pa + silver for 8 years

    Drilling to add to high grade vein resources starts Dec 09

    Extensive environs prospective for resource addition

    TEMBANG PROJECT

    Development Scenario

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    12/29

    www.sumatra-copper-gold.com

    Plan of Site and Prospects

    TEMBANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    13/29

    www.sumatra-copper-gold.com

    SONTANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    14/29

    www.sumatra-copper-gold.com

    Pasaman IUP areas of interest

    SONTANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    15/29

    www.sumatra-copper-gold.com

    SONTANG PROJECT

    Significant polymetallic discovery In house discovery 2007/ 8 by copper- gold team

    1.2 km NW/ SE mineralised corridor intrusive related

    Limestone hosted Ag- Au- Pb- Zn mantos (E Sontang)

    The average from 54.8 meters of channel sampling was2.9 g/ t Au, 118 g/ t Ag, 0.57 % Pb and 5.66 % Zn.

    Task force follow- up & geophysics 1st quarter 2010

    First drilling campaign planned in 2nd quarter 2010

    Secured by 24,850 ha exploration IUP with 6 year validity

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    16/29

    www.sumatra-copper-gold.com

    Main Prospect Locations

    SONTANG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    17/29

    www.sumatra-copper-gold.com

    SONTANG PROJECT

    Challenging terrain!

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    18/29

    www.sumatra-copper-gold.com

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    19/29

    www.sumatra-copper-gold.com

    Target Potential 36 Moz (CSA Global)

    TANDAI PROJECT

    Tandai_MineralisationCorridor

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    20/29

    www.sumatra-copper-gold.com

    1.4 M oz gold mined @ 15.4 g/ t Au, 167 g/ t Ag pre WWII

    Developed material remains at depth and along strike

    Exploration 2007- 8 has identified extensive new veining

    1km+ new soil anomaly with values up to 4g/ t Audiscovered

    Toko Rotan (N) and Glumbuk (S) rated as top prospects

    (CSA)

    Field activity and Dutch archive search on- going

    PT Bengkulu Utara Gold IUP will cover 100 km

    Project Summary

    TANDAI PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    21/29

    www.sumatra-copper-gold.com

    Long Section Underground Mine

    TANDAI PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    22/29

    www.sumatra-copper-gold.com

    OTHER PROJECTS

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    23/29

    www.sumatra-copper-gold.com

    Other Projects Lebong Project PT Lebong Gold IUP application 76.8 km

    Activity suspended pending resolution of overlapping claim

    dispute

    Lebong project covers Donok and Tambang Sawah prospects

    PT Jambi Gold 100,000 ha IUP over drainage anomalies

    Mandailing Natal regency in North Sumatra Two c.5,000 ha

    KPs

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    24/29

    www.sumatra-copper-gold.com

    Donok 4 - 5 million ounce target near base of workings

    LEBONG PROJECT

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    25/29

    www.sumatra-copper-gold.com

    T.Sawah Drill- hole Section and Intercepts (WNW)

    LEBONG PROJECT

    Lobang TigaLobang Convoy

    A B

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    26/29

    www.sumatra-copper-gold.com

    Dome- like pre- Tertiary basement with multi

    volcano- intrusion complex

    LS- IS- HS epithermal & orogenic Au and

    Porphyries

    Analogue to Rawas district and North Jambi

    mineraloccurrences

    Widespread alluvial gold Batang Asai et al

    JAMBI IUP

    Prospectivity Basis

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    27/29

    www.sumatra-copper-gold.com

    Jambi Drainage Geochemistry Compilations

    JAMBI IUP

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    28/29

    www.sumatra-copper-gold.com

    INDONESIA

    Foreign Investors League Table - Aus$M1 G-Resources 1,060.0 HKSE Martabe (95)

    2 Archipelago 172.8 AIM Toka Tindang (85)

    3 East Asian 135.9 TSE Minwah (85)

    4 Intrepid 91.0 ASX Tujuh Bukit (80)

    5 Finders 51.1 AIM Wetah (93) Ojolali (72)

    6 Sumatra 39.5 ASX Tembang, Sontang,

    Tandai etc (92.5)

    7 Oropa 26.6 ASX Sorikmas (75)

    8 Prosperity 25.9 ASX Pinang-Pinang (72)

    9 Robust 14.9 ASX Romang (51)

    as of 23/ 11/09

  • 8/11/2019 MMLondon2009 Day1 Jocelyn S de W Waller Sumatra

    29/29

    www.sumatra-copper-gold.com

    Management & Contact Details

    Warwick Morris Chairman +61 414 233692

    Jocelyn Waller Managing Director +44 7778 164376

    Alan Flint Director of Exploration +66 81 4318006

    +62 812 1090476

    Adi Sjoekri Indonesian Partner +62 811 947372

    Richard Edwards CFO & Joint Co. Secretary +61 2 9300 3377