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ZOONO GROUP LIMITED — AGM Information 2008
Nov 19, 2008
66124_rns_2008-11-19_3679e723-6a12-42d0-b484-732663d1ea77.pdf
AGM Information
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20 November 2008
The Manager - Company Announcements Office Australian Securities Exchange Limited Level 4 20 Bridge Street SYDNEY NSW 2000
Via ASX Online
No. of pages – 46
Dear Sir,
Exploration Manager’s Presentation – AGM 2008
Please find enclosed the Exploration Manager’s Presentation at the Annual General Meeting.
For and on behalf of the directors of Goldsearch Limited
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J M E Percival Director of Operations
ASX:GSE
2008 ANNUAL GENERAL MEETING
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DISCLAIMER
This presentation has been prepared by Goldsearch Limited (“Goldsearch” or the “Company”). It
should not be considered as an offer or invitation to subscribe for or purchase any securities in the
Company or as an inducement to make an offer or invitation with respect to those securities. This
presentation may contain forward looking statements that are subject to normal risk factors associated
with the mining and mineral exploration business. It is believed that the expectations reflected in these
statements and opinions are reasonable but may be affected by a variety of variables and changes in
underlying assumptions which could cause actual results or trends to differ materially, including but
not limited to: price fluctuations, actual demand, currency fluctuations, production results, reserve
estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal
regulatory developments, economic and financial market conditions in various countries and regions,
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www.goldsearch.com.au
2008 AGM GOLDSEARCH LIMITED (ASX:GSE)
www.goldsearch.com.au
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PROJECTS ADVANCED / 09 FOCUS
•
Mount Wellington - Victoria
–
100% (Gold, Silver, Zinc ,Lead, Copper)
•
Bergslagen JV – Sweden
–
Earning 70% (Silver, Lead, Zinc)
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JV PROJECTS 09 FOCUS
•
East Musgrave JV – South Australia
–
Diluting 17.15% (Nickel)
•
Duck Creek JJV – Queensland
–
Diluting 25% (Copper, Gold)
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PROJECTS RELINQUISHED
–
Sandy Creek
–
Yorkeys
–
Musgrave SA
–
Musgrave NT (Net Smelter Royalty)
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ONGOING PROJECT REVIEWS
Existing Projects
New project Generation
New Pegging
Increase Project Position
Joint Ventures/Acquisitions
Mount Wellington
Bergslagen JV
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TEAM (GOLDSEARCH MANAGED PROEJCTS)
•
Victoria (Mt Wellington)
–
Geoff Turner (Exploration Management Services)
+30 years experience in gold exploration Australia and Africa
•
Queensland ( Mar y Kathleen, Milton Ran g e )
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TEAM (JOINT VENTURE PROJECTS)
•
East Musgrave JV
–
Managed by Independence Group
–
(BHP Billiton Funding)
Sharon Bell – 16 years experience.
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MOUNT WELLINGTON
VICTORIA
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MOUNT WELLINGTON 2008
–
Mapping & Re-interpretation
•
large Devonian magmatic gold/base metal systems
•
Significance of geophysical anomalies
–
Geophysical Modelling
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MOUNT WELLINGTON 2009
Rhyolite Creek
•
Establish Field Camp
–
Improve efficiency and safety
•
Ground IP Geophysical Survey
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MOUNT WELLINGTON 2009
Other Target Areas
•
EL4835 Granted
–
Hill 800, Long Ridge, Hill 700
•
Mikes Bluff
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MOUNT WELLINGTON 2009
Other Target Areas
•
EL4835 Granted
–
Hill 800 Resource
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BERGSLAGEN JV
SWEDEN
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BERGSLAGEN JOINT VENTURE
• Goldsearch Earning 70% (30% Tumi Resources TSXV)
–
Minimum Commitment
•
Fund SkyTEM Airborne EM survey over three areas.
–
in first
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BERGSLAGEN JOINT VENTURE
•
SkyTEM EM geophysics completed over three areas
–
Hällefors
–
Jugansbo /Sala 4
–
Koberg
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Jugansbo EM Channel 20
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Hällefors EM Channel 14
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MARY KATHLEEN JV
QUEENSLAND
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MARY KATHLEEN JV
•
RC Drilling
•
Hardway
•
Pindora
•
Prince of Wales
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MARY KATHLEEN JV
•
Hardway
•
49m @ 0.26% copper
•
20m @ 0.46% copper
•
Incl. 5m @ 1.16% copper, 0.16% cobalt + REE
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MARY KATHLEEN JV
•
Review targets for further drilling at Hardway, Pindora and
Elaine Dorothy?
•
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MILTON RANGE
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MILTON RANGE
•
Eight EPM’s pegged by Goldsearch (100%)
•
Total area 550km [2]
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EAST MUSGRAVE JV
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EAST MUSGRAVEJV
51% Independence Group / 49% Goldsearch Limited
•
BHP Billiton.
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EAST MUSGRAVE JV
•
Two tenements granted EL3954 & EL3955
•
Next five prioritised tenements progressing towards
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East Musgrave JV EL3954 & EL3955
•
First pass 1km x 500m geochemical sampling
completed
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EAST MUSGRAVE JV
•
Proposed year two budget of $970,000
–
Infill geochemical and gravity geophysics (500m x 500m)
has commenced
–
Ground EM geophysics
–
Drillin
g
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2008 / 2009
•
Goldsearch budget $1.18M
–
Mount Wellington
•
Ground IP Geophysics, RC Drilling (2 Holes)
–
Bergslagen JV
•
Airborne EM Survey
–
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