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COPPERMOLY LIMITED — Investor Presentation 2011
Jun 29, 2011
64690_rns_2011-06-29_b5a332aa-f5af-4843-8c86-10794eae95db.pdf
Investor Presentation
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ADDRESS PHONE PO Box 6965 +61(07) 5592 1001 Gold Coast Mail Centre FAX Qld 9726 Australia+61 (07) 5592 1011
EMAIL ABN 54 126 490 855 [email protected] WEBSITE www.coppermoly.com.au
ASX Code: COY
ASX Announcement
30 June 2011
PRESENTATION TO SHAREHOLDERS & INVESTORS
Attached is a presentation by the Company's Managing Director, Mr Peter Swiridiuk, which will be presented to shareholders and investors at The Global Mining Investors 'n' Explorers Show 2011 at the Hilton Hotel, 488 George St, Sydney on 4 to 6 July 2011.
Coppermoly's presentation is to be held on Monday 4 July at 1.30pm.
A brochure updating the Company's projects is also attached which will be available at the conference and on the Company's website.
Peter Swiridiuk MANAGING DIRECTOR
For further information please contact Peter Swiridiuk on (07) 5592 1001 or visit www.coppermoly.com.au,
The information in this release that relates to Exploration Results is based on information compiled by Peter Swiridiuk, who is a Member of the Australian Institute of Geoscientists. Peter Swiridiuk is a consultant to Coppermoly Ltd and is employed by Aimex Geophysics. Peter Swiridiuk has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Peter Swiridiuk consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Notes:
- All stated intersections are weighted assay averages ([Sum of each total interval x grade] / Total length of intersection).
- Drilling samples were transported to the camp site, logged, photographed and sampled at 2 metre intervals from core split by saw. The split samples are then transported to the town of Kimbe where they are air freighted to Intertek in Lae (PNG) for sample preparation. Samples are dried to 106 degrees C and crushed to 2-3 mm. Samples greater than 2kg are rifle split down to 1.5kg and pulverised to 75 microns. The final 300g sized pulp samples are then sent to Intertek laboratories in Jakarta for geochemical analysis. Intertek analyse for gold using a 50g Fire Assay with Atomic Absorption Spectroscopy finish. Other elements are assayed with ICPAES Finish. Copper values greater than 1000ppm are re-assayed using a multi acid digest (hydrochloric, nitric, perchloric and hydrofluoric acid) to leach out the copper with an ICP finish. Molybdenum samples greater than 100ppm were check assayed using X-Ray diffraction. Intertek laboratories have an ISO 17025 accreditation.
- Quality control and quality assurance checks on sampling and assaying quality are satisfactory.
Encl.
KC/PS025.11

"Major Copper‐Gold Systems being Drill Tested."
Global Mines ‐ Sydney InvestorPresentation ‐ July 2011

Disclaimer
This document is not a disclosure document nor does it constitute the provision of financial product advice. No representation orwarranty is made as to the accuracy, completeness or reliability of the information.
The information is provided expressly on the basis that recipients will carry out their own independent inquiries into the matters contained herein and make their own independent decisions about the affairs, financial position or prospects of the Company whichreserves the right to update, amend or supplement any information at any time in its absolute discretion.
The technical information provided by Barrick (PNG Exploration) Ltd, a wholly owned subsidiary of Barrick Gold Corporation has beeninterpreted by Coppermoly Ltd and does not necessarily reflect views by Barrick.
Competency Statement
The information in this presentation that relates to Exploration Results is based on information compiled by Peter Swiridiuk, whois a Member of the Australian Institute of Geoscientists.
Peter Swiridiuk is a consultant to Coppermoly Ltd and is employed by Aimex Geophysics. Peter Swiridiuk has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Peter Swiridiuk consents to the inclusion in the report of the matters based on his information in the formand context in which it appears.
Pleaseconsult www.coppermoly.com.au for more detailed information.

MarketCap
- •Coppermoly: A\$12m – PNG Copper Porphyry
- •Marengo mining: A\$229m – PNG Copper porphyry
- • RobustResources: A\$100m – Indonesia Copper
- •Intrepid Mines: A\$350m ‐ Indonesia Copper and Gold
- • ExeterResources: C\$360m – Chile Gold and Copper

Highlights
- • In an agreement with Barrick (PNG Exploration) Ltd, Barrick have spent over half of A\$20M required to attain a 72% interest in three tenements.
- • Drilling and Exploration has defined at least two major Copper‐Molybdenum‐Gold systems currently undergoing additional drilling.
- • Nakru‐1: Drillhole intersection of 213.75m grading 0.92% copper and 0.33 g/t gold. Drilling testing mineralisation extents currently over 500m x 200mx 200m Depth
- • Simuku: Inferred Mineral Resource of 200 million tonnes at 0.36% Cu, 61ppm Mo, 0.06g/t Au, 2g/t Ag. Drilling to test higher grade copper zones at depth.
- • Projects accessible by road/track to major infrastructure including deep water port, airport and general amenities.
- • Coppermoly has an additional two tenements under application and is actively looking foradditional projects.

Company Overview (ASX:COY)
| l d G i G C N e w u n e a o o r p |
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| l d d V R L t a n g o e s o u r c e s |
0 % 1 |
| l d i i N N L t t a o n a o m n e e s |
% 5 7 |
| k i B a r r c |
% 4 5 |
| h C S I t u r r e n a r e s o n s s u e |
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| l d ( ) i i T L O C O Y O A 7 t t t t o a s e p o n s c e n s |
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| h S P i a r e r e c |
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| k l C i i i M t t t a r e a p a s a o n |
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| h k C B t a s a a n |
\$ 6 1 M |
| h h l d l h l d 2 0 S T t o p a r e o e r s c u r r e n y o |
6 % 5 |

MineralisedPapua New Guinea

NewBritain Island – Excellent Location

Nakru 1 – Copper Gold System Barrick todrill Test for Tonnage Potential

In accordance with Clause 18 of The JORC Code the reference to 'Exploration Target' in terms of target size and type should not be taken as an estimate of Mineral Resources or Ore Reserves. The statement referring to quantity and grade of the exploration target is based upon exploration results to-date including extensive drilling which has intersected the mineralization. The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the definition of a Mineral Resource.
Nakru 1 - Mineralisation Model

NakruArea showing Prospects

Nakru2 ‐ Sulphide Copper System

• Breccia hostedcopper system with 800m diameter envelope of mineralisation
• Massive Sulphide copper lens: 6.8m at 3.8% Cu at 30mDepth
• Drill tested with one deep hole by Barrick: 64m at 0.59% Cu at 141m depth. 4.9m at 13.6% Zn, 24.03 g/t Ag, 0.41g/t Au, 0.85% Cu

Simuku/ Talelumas Project

SimukuCopper System
Simuku:
-
- Maiden Inferred Resource of 200 million tonnes at 0.36%copper to be tested further by plus 600m deep drillholes in 2011
-
- 20kmfrom deep water port
-
- Track/road access
-
- 300mabove sea level

Drilling To Test Higher GradeZones at Depth
Nayam Prospect
• SMD26 intersected 282mat0.45%Copper from 18m depth
• SMD19 intersected 93mat 0.59% Cu from 8m depth Including secondary enrichment of 18mof 1.0% Cu from 18m depth
Tobarum Prospect
• SMD10 intersected 58mat 0.53% Cu at 24mdepth

Simuku and Regional Kulu Copper and Gold Prospects Being explored by Barrick

Boardand Management with PNG Experience
Dal Brynelsen – Non Executive Chairman, CEO of Vangold Resources Ltd (TSX), founding Director of GriffinMining. Over 30 years experience in the mining industry.
Peter Swiridiuk – Managing Director, 20 years experience copper and gold exploration in South Pacific, South East Asia, Middle East, Mexico, Cyprus and Australia.
Maurice Gannon – Executive Director and Company Secretary, BSc, GAICD, FCIS, AFAIM, MAusIMM, 21 years experience in earth sciences, business and financial management.
BobMcNeil – Non Executive Director, 50 years experience in mining and exploration.
Ces Iewago – Non Executive Director. BACom, MBA, FAICD, expertise in PNG banking and finance. Chairman of NGG(TSX). Political and Mining connections in PNG.
On‐Site PNGAdministration and Base of Operations at Kimbe on New Britain Island.
DenisO'Neill – Geological Consultant, over 36 years experience in mining and exploration.

Why invest in Coppermoly?
- • Further drilling and exploration programme underway throughout 2011 by Barrick.
- • Higher grade copper areas within Simuku Inferred Resources area tobe drill tested at depth.
- • Further drilling at Nakru‐1 to test extents of mineralisation.Higher copper grade near surface.
- • Significantly sized copper systems accessible by vehicle to existing infrastructure and a deep water port.

Notes:
- • All stated intersections are weighted assay averages ([Sum of each total interval x grade] / Total length of intersection).
- • Drill core and rock samples were transported to the field camp site then to the Barrick base in the town of Kimbe. The drill core was logged, orientated and sampled between 1m and 2m intervals from core split by saw. Half core was then freighted to Intertek Services in Lae (PNG) for sample preparation. Sample preparation involved drying the samples to 105 degrees C, crushing in a jaw crusher to 95% of the sample passing < 2 mm, rifle splitting and pulverising to 95% passing < 75 microns. Analytic pulps were then shipped to Intertek Laboratory Services in Jakarta (Indonesia) for geochemical analysis. Gold was analysed by 50g Fire Assay with Atomic Absorption Spectroscopy finish (gravimetric finish for samples with gold > 5 g/t). Multi-element analysis was done by multi acid digestion (HCL, HNO3, HCIO4/HF) ICP. Copper values greater than 0.5% were re-assayed with AAS finish. Intertek laboratories have an ISO 17025 accreditation.
- •BWNBDD Series Drill Core is PQ, HQ and NQ in size with core recovery predominantly >95%.
- •Drillhole co-ordinates are given in UTM Zone 56, AGD66 Datum.
- •Mineralised intersections are quoted as downhole widths.


"Development of Large Copper Systems on New Britain Island, PNG"
Excellent backing/Funding
Barrick is. funding and managing exploration and drilling to potentially earn-in 72% of three projects. Unless this spend reaches A\$20 million, Coppermoly retains 100% of these projects.
Barrick have spent over A\$10 million since 2009 and are currently drilling to determine tonnage potential.

COY
8.7 cents
\$12.1 million
18.5 cents
139 million
23.6 million
Why Invest?
- · Simuku: 200Mt grading 0.36% copper, 61ppm molybdenum, 0.06g/t gold, 2g/t silver, currently being drill tested for depth extensions.
- Nakru-1: *Exploration Target of 50 to 60Mt grading 0.7 to 0.9% copper.
- . Projects accessible by vehicle within hours of a deep water port.
- Agreement in place with Barrick Gold Corporation.
- . Landowners provide local labour and support.
About Coppermoly
The Company is focused on developing copper-gold-molybdenum deposits in highly prospective Papua New Guinea.
ASX Code
Last price
52 week high
Shares on issue
Market Capitalisation
Listed Options (COYOA)
Since listing on the ASX and local PNG exchange "the POMSOX" in 2008, the Company has raised over A\$11 million.
Exploration work and drilling in 2008 by Coppermoly sufficiently advanced the projects and attracted funding for further drilling by Barrick, one of the world's largest mining companies.
Coppermoly is currently applying for additional tenements and projects.
To find out more visit www.coppermoly.com.au and www.barrick.com LISTINGS: ASX: COY, POMSoX: COY, Berlin: 5C5.BE, Frankfurt: 5C5.F
Coppermoly Projects:
Mt. Nakru Project (Barrick funding)
. To date, 26 diamond drill holes have been completed at Nakru-1 and Nakru-2 for 5,666.8 metres. During 2010, Barrick drilled seven diamond holes which help determine the geometry and extent of copper mineralisation.
. Nakru-1: Best intersections of 213.75m grading 0.92% copper and 0.33g/t gold through a breccia VMS copper system. Secondary enrichment of 13m grading 2.8% copper at 74m depth.
• Nakru-2: The initial Barrick drill hole has intersected 64m grading 0.59% copper at 141m depth and 4.9m grading 13.6% zinc, 0.84% copper, 0.4g/t gold and 24g/t silver. Massive sulphide lens with 8m grading 3.8% copper at 30m depth.
• Regional surface geochemical targets yet to be tested by drilling.
Nakru-1 Prospect:
Drilling results, surface geochemistry and geophysics at Nakru-1 show a "footprint" of copper mineralisation extending over 200m x 500m with an *Exploration Target of 50 to 60Mt grading 0.7 to 0.9% copper within current drill hole limits.
Drill holes show very good continuity of copper and gold mineralisation coincident with a 3D-IP chargeability geophysical anomaly.
Higher grade zones within the mineralisation warrant detailed evaluation, such as a 1m interval of 42g/t gold and 4.6% copper. Drilling currently underway to determine tonnage potential.

Nakru-2 Prospect:
Located 1km west of Nakru-1, soil sampling, hand and bulldozer trenching and drilling has defined a large (500m x 800m) envelope of copper mineralisation.
The drill holes NAK2-001 and NAK2-002 intersected a near surface massive sulphide copper lens representing sea floor exhalatives with intervals of 6.7 metres grading 3.8% copper and 7 metres grading 3.36% copper.
The initial drill hole (BWNBDD0003) by Barrick testing the centre of the IP chargeability anomaly intersected copper mineralisation (64m at 0.59% copper) from 141m down hole. In addition the hole encountered high grade zinc-rich polymetallic mineralisation at 290m (4.9m at 13.6% zinc, 0.85% copper, 0.41 g/t gold, 24g/t silver).
The copper mineralisation encountered within this Barrick hole is over 100 metres west of the copper mineralisation encountered in the first ever two drill holes that were completed in 2008 by Coppermoly which intersected 54 metres of 1.22% copper from 30.3 metres depth and 73 metres grading 0.96% copper from 36 metres depth.
Nakru-3 and Nakru-4 Prospects, peripheral to Nakru-1 are being explored by Barrick.
*In accordance with Clause 18 of the JORC Code the reference to 'Exploration Target' in terms of target size and type should not be taken as an estimate of Mineral Resources or Ore Reserves. The statement referring to quantity and grade of the exploration target is based upon exploration results to-date including extensive drilling which has intersected the mineralisation. The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the definition of a Mineral Resource.
Coppermoly Projects:
Simuku Project (Barrick funding)
- . Drilling is currently underway to test depth extents of higher grades within the existing Resource.
- Inferred Mineral Resource (JORC) of 200 million tonnes at 0.36% copper, 61ppm molybdenum, 0.06g/t gold, 2g/t silver.
- . Upper blanket of secondary copper enrichment including 27m of 0.74% copper.
- . Higher grade primary mineralisation zone of 93m at 0.59% copper including 18m at 1.0% of secondary copper at 16m depth in a drillhole at Nayam. Drill testing planned at depth.
- Kulu prospect has over 2km2 of surface copper mineralisation.
Talelumas Project (Barrick funding)
- Isme Creek gold prospect with an outcrop sample grading 9.47g/t gold, 552g/t silver, 0.15% copper, 7,94% zinc and 7.05% lead. Geochemistry analogous to Nakru style geochemistry.
- At Mt. Misusu, a northwestern extension of Simuku, four outcrop samples assayed greater than 0.6% copper.
Simuku Prospect:
Porphyry copper - gold - molybdenum mineralisation has been defined in a 3.500 metre by 650 metre envelope of copper mineralisation from over 28 kilometres of bulldozer trenching and 7,656 metres of drilling in 34 holes.
During 2010 drilling by Barrick revealed broad zones of anomalous copper up to 1.3km south of the Inferred Resource.
The Simuku porphyry copper deposit contains 700,000 tonnes of copper, 12,000 tonnes of molybdenum. 12 tonnes of gold and 391 tonnes of silver (or 1.5 billion pounds of copper, 26 million pounds of molybdenum, 0.4 million ounces of gold and 13 million ounces of silver).
Secondary copper enrichment:
Tobarum - 27 metre thick layer grading 0.74% copper (from 23 metres depth).
Nayam - 16 metre thick horizon grading 1.0% copper (from 16 metres depth).
Further drilling underway to test depth extents of higher grade primary copper at the Nayam Prospect which included 56 metres grading 0.77% copper from 240 metres down hole depth.
At the Horseshoe Prospect drilling intersected 14 metres grading 0.42% molybdenum from surface in an oxide zone. Further drill testing is required.

Company Project Applications
Coppermoly has two tenement applications pending; ELA 1813 (Fulleborn) and ELA 1782 (Powell). These occur on previously explored copper belts. At Fulleborn, outcrop samples assayed 10.7% copper and 15.5% gold.
Board of Directors
Managina Director Peter Swiridiuk, MAIG
Executive Director & Company Secretary Maurice Gannon BSc, GAICD, FCIS, AFAIM, MAusIMM
Non Executive Directors Dal Brynelsen (Chairman) Robert D. McNeil BSc, MSc Ces lewago MBA, BACom, FAICD
Top Four Shareholders
| New Guinea Gold Corporation (TSX:NGG) | 15% |
|---|---|
| Vangold Resources Ltd (TSX:VAN) | 10% |
| National Nominees Ltd | 5.7% |
| AurionGold Limited (Barrick) | 4.5% |

Balance Sheet as at 31 May 2011
| Cash & Equivalents | \$1,559,453 |
|---|---|
| Plant & Equipment | \$266,945 |
| Total Assets | \$3,453,510 |
| Total Liabilities | \$54,219 |
| Net Assets | \$3,399,291 |

Papua New Guinea (PNG) in Brief
PNG is located on a major tectonic boundary between the Pacific and Australian crustal plates. The country is a heavily mineralised region with a relative abundance of large copper-gold and gold deposits, including Ok Tedi, Porgera, Frieda, Yandera, Lihir and Bougainville.
Currently there are seven active mining operations in PNG and several new projects at the feasibility stage or development stage.
PNG's long history of mining and exploration, commencing with development of the famous Wau-Bulolo Goldfield in the 1930's, has resulted in a very extensive geological database, the development of a significant mining services sector, and a substantial pool of highly experienced, English-speaking, mining professionals. Tenements are required to be renewed every 2 years. The corporate tax rate is 30%. A royalty is pavable on all mined products to the PNG Government of 1.25%.
Contact Information
Postal Address: PO Box 6965. Gold Coast Mail Centre, Bundall, Queensland, 9726 Australia
Telephone: +61 7 5592 1001 Facsimile: +61 7 5592 1011 Email: [email protected] Peter Swiridiuk [email protected] Maurice Gannon [email protected]
To find out more visit www.coppermoly.com.au and www.barrick.com ASX: COY, POMSoX: COY, Berlin: 5C5.BE, Frankfurt: 5C5.F