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Brokers’ Presentation. 30 March 2006. July 2006. Kim Stanton-Cook. GCR is a minerals explorer focusing on its 100%-owned Copper Hill porphyry-related copper gold deposit. 357 million shares issued. Market Capitalization $20 million. Cash Position $2.6 million.
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Brokers’ Presentation 30 March 2006 July 2006 Kim Stanton-Cook
GCR is a minerals explorer focusing on its 100%-owned Copper Hill porphyry-related copper gold deposit 357 million shares issued Market Capitalization $20 million Cash Position $2.6 million 108 million options ex-5 cents by 30 September 2006 to raise an additional $5.4 million
Copper Hill : Summary of Significant Drill Intersections MOLONG
Alteration Zone Copper Hill Copper Hill
Molong 132Kva Sub-station Railway 4.5km Copper Hill Copper Hill
105Mt at 0.33% Cu & 0.33g/t Au 344,000 tonnes Cu & 1.12Moz Au 10Mtpa operation: 30,000t Cu & 90,000oz Au or 20-year mine life 5Mtpa operation: 15,000t Cu & 45,000oz Au p.a. Drilling continuing to infill and extend the resource More drilling planned at untested projects: Copper Hill Nth, Little Copper Hill, Larras Lee
+Attributes Low Strip ratio & good metallurgical characteristics Railway spur line to Copper Hill – sole user Railway upgrade for less than $750,000 indicated by Australian Rail Track Corporation 132 Kva power substation only 4.5km away. New line to Copper Hill for < $1 million. 7cents/Kwh indicative power cost, lower off-peak. Low Strip ratio Scoping Study – Pre-feasibility Water Permitting Design & Construction ‘08 – ‘09 Feasibility 2007
GCR is a minerals explorer focusing on its 100%-owned Copper Hill porphyry-related copper gold deposit 357 million shares issued Market Capitalization $20 million Cash Position $2.6 million 108 million options ex-5 cents by 30 September 2006 to raise an additional $5.4 million