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SPC GLOBAL HOLDINGS LTD — AGM Information 2012
Nov 21, 2012
65843_rns_2012-11-21_44d26193-e575-4e6d-971b-a4787ae7b9ae.pdf
AGM Information
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2012 Annual General Meeting Thursday, 22 November 2012



Disclaimer
This presentation contains forward looking statements that are subject to risk factors associated with the exploration and mining industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a variety of variables which could cause actual results or trends to differ materially.
Exploration Target
Exploration targets are reported in accordance with clause 18 of the JORC code. This means that potential quantity and grade is conceptual in nature, and there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the determination of a Mineral Resource.
Competent Person Statement
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Stephen Jones FAusimm (CP) as Chief Executive Officer of Crest Minerals Limited and who is a Fellow of the Australasian Institute of Mining and Metallurgy and is bound by and follows the Institute's codes and recommended practices. As a Competent Person, he has a minimum of 5 years relevant experience in the style of mineralisation and types of activities being reported and has given consent to this report in the form and context in which it appears.

MANAGEMENT & CORPORATE
Board and Management
| Jonathon Trewartha | - | Non Executive Chairman |
|---|---|---|
| Angus Middleton | - | Managing Director |
| Andrew Kuzemko | - | Non Executive Director |
| Steve Jones | - | Chief Executive Officer |
| Jarek Kopias | - | Chief Financial Officer / Company Secretary |
Corporate
| Shares on Issue | 36.775 million as at 3 Oct 2012 |
|---|---|
| Shareholders | 440 approx |
| Issued Share Capitalisation | $4.413 million (Share price $0.12) |
| Recent trading (past 4 months) | Shares $0.12 to $0.19 |
| Quoted shares | 22,024,997 million as at 3 Oct 2012 |
| QuotedShareCapitalisation | $2.643 million (Share price $0.12) |
Substantial shareholders and their associates
| Ridgeport Holdings Pty Ltd | 7,292,000 |
|---|---|
| R&K Investments Pty Ltd | 4,900,000 |
| Genex Resources Pty Ltd and Nowak Investments Pty Ltd | 4,450,000 |
| Mr. Antonio Moro and Mrs. Stella Moro | 3,150,000 |


CORPORATE OVERVIEW
Crest Minerals offers a strategically acquired investment opportunity into one of the world's leading low-risk gold mining provinces near Kalgoorlie in Western Australia's prolific Eastern Goldfields.
Crest Minerals' projects are focused on gold targets, within the most prospective geological terrains for gold in Western Australia.
Four separate project areas are located in geological regions around Kalgoorlie, which have been host to recent new gold discoveries.

PROJECT LOCATIONS
- Majestic North
- Heines Dam
- Mt Ida
- Yundamindera

Figure 1: Crest project locality map

HIGHLIGHTS
- Crest Minerals (ASX: CTT) listed on the Australian Securities Exchange on 29 June 2012 with 36.8 million shares on issue valuing the Company on listing at $7.35 million.
- Maiden 156 hole Aircore (AC) drilling program at flagship Majestic North prospect in Western Australia's Eastern Goldfields commenced on 9 July 2012 less than two weeks after listing. Infill and extention AC drilling program completed recently with results expected shortly.
- Successful Auger drilling program at Alligator & AC drilling program at Echidna at Crest's Heines Dam project area confirms gold anomalism. To be followed up with Infill and extension drilling programs in the new year.
- AC drilling program at Mt Ida and Yundamindera to commence November 2012.
- Majestic North Reverse Circulation (RC) drilling program scheduled to commence December 2012.

Majestic North Project
- Along strike from Integra Mining Limited's (ASX:IGR) Majestic & Imperial discoveries.
- Historical drilling data combined with surface geochemistry, ground magnetics and airborne magnetics surveys encourages Auger & AC drilling programs.
- Auger & AC drill results have established that the Majestic North Project is emerging as a potential gold system with demonstrated gold anomalism including 3 metres @ 0.53g/t and 3 metres @ 0.46g/t.
- Current Auger & AC drill programs have given confidence for two programs of Reverse Circulation (RC) drilling targeting metres of grade.

Figure 2: Majestic North locality map


Figure 3: Aircore results demonstrate gold anomalism consistent with magnetic trends


Figure 4: Gold contours trending North South Figure 5: Ground magnetics and drillhole locations

Mt Ida Project
- Maiden Aircore drilling program to commence at Spotted Dog in November 2012 with RC scheduled for early 2013.
- Hoskin's Find programs of AC & RC drilling programs are scheduled to follow the Spotted Dog programs.
- The target in the Mt Ida region is narrow, high-grade gold mineralisation for potential toll treatment as the project area is within 100km of the regional gold mining centre Leonora.

Figure 6 : Mt Ida locality map

Figure 7: Soil geochemistry and gold contours Figure 8: Gold in regolith anomalies

Figure 9: AC drilling program at Spotted Dog

Heines Dam Project
- Successful Auger & AC drilling program at Echidna confirms gold anomalism. Follow up extention AC drilling is planned.
- Auger drilling to better define the historical goldin-auger soil anomalies is scheduled to follow up successful Echidna and Alligator programs which have already been infilled to provide 25x25m spaced coverage of the target areas.

Figure 10: Heines Dam locality map

Figure 11: Soil sampling demonstrates anomalism Figure 12: Heines Dam project location map

Yundamindera Project
- Past exploration has focused on nickel due to major nickel producer Murrin Murrin being only 30km away.
- Recent systematic exploration has generated a number of near-surface soil geochemical anomalies and anomalous trends.
- Several gold targets are to be drill tested with RC drilling following an AC drilling program to be completed prior to the end of 2012.
- Yundamindera has the potential to host gold mineralisation and is considered particularly prospective.

Figure 13: Yundamindera location map

Figure 14: Auger soil sampling and planned Aircore drilling program

FUTURE STRATEGY
- Focused exploration of Eastern Goldfields tenements in WA
- Add value through exploration & discovery
- RC drilling at Majestic North's Supergene & Central areas
- AC and RC drilling programs at Mt Ida & Yundamindera
- Auger & AC followed by RC drilling at Heines Dam
- Add value through joint venture or acquisition
- Re-Rate of Crest by the market
ANNUAL GENERAL MEETING – 22 NOVEMBER 2012
