COPPERMOLY LIMITED — Investor Presentation 2011

Jun 16, 2011

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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 info@coppermoly.com.au WEBSITE www.coppermoly.com.au

ASX Announcement

ASX Code: COY

17 June 2011

AMENDMENT TO PRESENTATION TO SHAREHOLDERS & INVESTORS

An amendment has been made to page 10 of the attached presentation released to ASX yesterday, to include mention of Clause 18 of The JORC Code in reference to ‘Exploration Target’

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Maurice Gannon EXECUTIVE DIRECTOR

For further information please contact Peter Swiridiuk on (07) 5592 1001 or visit www.coppermoly.com.au,

Encl.

KC/PS023.11

“Major Copper‐Gold Systems being Drill Tested.”

Gold Coast Resources Showcase Investor Presentation ‐ June 2011

This document is not a disclosure document nor does it constitute the provision of financial product advice. No representation or warranty 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 which reserves 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 been interpreted 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, 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.

Please consult www.coppermoly.com.au for more detailed information.

• 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 200m.

• Simuku: Inferred Mineral Resource of 200 million tonnes at 0.36% copper. Drilling to test higher grade copper zones at depth.

• Projects are located close to major infrastructure including roads, deep water port, airport and general amenities.

• Coppermoly has an additional two tenements under application and is actively looking for additional projects. New Britain Island has a strong interest and is well pegged.

	Company Overview (ASX:COY) 56% Top 20 Shareholders currently hold $1.6 M Cash at Bank $14 million Market Capitalisation 10 cents Share Price 23.6 million Total Listed Options (COYOA 7cents) 139 million Current Shares on Issue 4.5% Barrick 5.7% National Nominees Ltd 10% Vangold Resources Ltd 15% New Guinea Gold Corp.

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Mineralised Papua New Guinea
COPPERMOLY
Lihir ‐ 40 Moz AuEq
Frieda ‐
Simuku
1060 Mt at 0.53% Cu,
200Mt at 0.36% Cu
0.29g/t Au
Porgera –
25 Moz Au
Ok Tedi – Yandera ‐
663 Mt at 0.76% 667 Mt at 0.33% Cu
Panguna –
Cu,
(Bougainville)
0.85g/t Au
944Mt at 0.48% Cu, 0.56g/t Au
Wafi ‐ Golpu
COPPERMOLY
Mt. Nakru
213m at 0.92% Cu,
0.33 g/t Au
Papua Misima ‐ 5 Moz Au
New Guinea
Australia
Map Area Australia
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Tenements subject to Barrick agreement:

• EL 1077 ‐ Simuku

• EL 1043 ‐ Mt. Nakru

• EL 1445 ‐ Talelumas

Coppermoly Tenement Applications:

• ELA 1782 ‐ Powell

• ELA 1812 ‐ Fulleborn

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Ok Tedi/
Frontier
Exploration
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Topography Image
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• Vehicle access to both projects (1 to 4 hour drive)

• Deep water port at provincial capital of Kimbe

• Local infrastructure and relatively easy logistics

• Topography not extreme (200m to 800m elevation)

• Landowners support exploration

• Large palm oil industry on the island has developed local infrastructure

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Port at Kimbe
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Palm oil Plantations
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• 26 diamond drill holes completed for 5666 metres

• • IP geophysics and geochemistry used to detect these systems

Nakru1 and 2 Copper ‐ Gold ‐ Zinc Breccia Model

Nakru 1 – Copper Gold System

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Barrick to drill Test for Tonnage Potential
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BWNBDD0001 213.75m at 0.92% Cu, 0.33g/t Au, from 74.45m

NAK017 210.1m at 0.45% Cu, 0.17g/t Au, from 61.2m

BWNBDD0008 23.5m at 1.3% Cu, 2.38g/t Au from 87.3m and 20.6m at 0.94% Cu, 0.21 g/t Au from 128.4m

Exploration Target within existing drillholes: 50 to 60 Mt at 0.7 to 0.9% Cu

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BWNBDD0010
89.7m at 0.69% Cu,
0.19g/t Au from 84.3m
and 28.5m at 0.73% Cu,
0.25 g/t Au from 185.6m
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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.

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Nakru 1 – Mineralisation Model
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Nakru‐1 Cross Section
Nakru‐1 Plan View
Secondary Enrichment:
13m at 2.8% Cu at 74m depth
22m at 1.5% Cu at 99m depth
NAK017 N 213.75m at 0.92% Cu,
210.1m at 0.45% Cu,
0.33g/t Au, from 74.45m
0.17g/t Au, from 61.2m
NAK003
86.15m at 0.50% Cu,
0.46g/t Au, from 85m
Cross
Section
View
11.5m at 0.99% Cu
0.35 g/t Au
S
6.6m at 0.97% Cu
0.17 g/t Au
5.1m at 0.90% Cu
NAK006 0.19 g/t Au
140m at 0.57% Cu
from 57m
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Nakru 2 ‐ Sulphide Copper System • Breccia hosted copper system with 800m diameter envelope of mineralisation • Massive Sulphide copper lens: 6.8m at 3.8% Cu at 30m Depth • 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, 0.41 g/t Au, 0.85% Cu

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Copper Soil Zinc Soil
Geochemistry
Geochemistry
Rock Outcrop
10.6% Zn
0.6% Cu
0.21 g/t Au
Rock Chip
Sample
73m at 0.96% 5m @ 3.5%Cu,
Cu 6.6% Zn
64m at 0.59% Cu
13m at 0.43% Cu BWNBDD0003
4.9m at 13.6% Zn
0.84% Cu, 24 g/t Ag,
52m at 1.21% 0.41 g/t Au
Cu
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Trench Nakru 2
88m at 1.2% Cu, 0.33 g/t Au
MASSIVE SULPHIDE 19.9% Cu sample in trench Cross‐Section
6.7m at 3.8% Cu Sulphide
0.19 g/t Au breccia
1.66% Zn outcrop of Massive Sulphide Lens
MASSIVE
SULPHIDE
7m at 3.36% Cu
52m at 1.2% Cu
0.19 g/t Au
2.0% Zn
11.4 g/t Ag
73m at
57 ppm Mo
0.96% Cu
21m at 0.83% Cu
? ?
NAK2‐002
112.5m
Stringer/Stockwork
Sulphide Zone
9m at 0.53% Cu
3m at 1.41% Cu
?
?
?
NAK2‐001
299.8m
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BWNBDD0007 – 265.52m
Nakru camp
Drill pad BWNBDD0010
BWNBDD0009 – 180m
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Simuku / Talelumas Project

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Simuku:

1. Maiden Inferred Resource of 200 million tonnes at 0.36% copper to be tested further by plus 600m deep drillholes in 2011

2. 20km from deep water port

3. Track/road access 4. 300m above sea level

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Nayam Prospect

• SMD26 intersected 282m at 0.45%Copper from 18m depth

• SMD19 intersected 93m at 0.59% Cu from 8m depth Including 18m of 1.0% Cu from 18m depth

Tobarum Prospect • SMD10 intersected 58m at 0.53% Cu at 24m depth

Topography Image

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INFERRED RESOURCE
Outline
197 Mt at 0.47% Cu.Eq
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Near Surface Copper Topography Image Enrichment Nayam Secondary Copper Enrichment within the Resource area in the top 60 metres • Tobarum : 27m thick at 0.74% copper • Nayam: 16m thick at 1.0% copper INFERRED RESOURCE Outline 197 Mt at 0.47% Cu.Eq Tobarum Misili

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

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– Dal Brynelsen Non Executive Chairman , CEO of Vangold Resources Ltd (TSX), founding Director of Griffin Mining. 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.

Bob McNeil – 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 PNG Administration and Base of Operations at Kimbe on New Britain Island .

Denis O’Neill – Geological Consultant, over 36 years experience in mining and exploration.

• Further drilling and exploration programme underway throughout 2011 by Barrick.

• Higher grade copper areas within Simuku Inferred Resources area to be 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.

• 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.