Auking Mining Ltd · ASX:AKN
Auking Mining — China Yunnan Copper Australia — Investor Presentation (May 2009)
25 slides from Auking Mining's investor presentation, May 2009
Slide 1: Investor Update – Results and Growth Strategy
Investor Update – Results and Growth Strategy May 2009 Jason Beckton – Managing Director
Slide 2: Disclaimer
DISCLAIMER Whilst this Whilst this document document and and presentation presentation is is based based on on the the information information from from sources sources which which are considered reliable, China Yunnan Copper Australia Limited, its are considered reliable, China Yunnan Copper Austra
Slide 3: Agenda
Agenda • Our Partnership • CYU – The Company • Board and Management • Existing CYU Projects • Gem Discovery • New Project Pipeline • Why invest in CYU ?
Slide 4: CYU – The Company
CYU – The Company Copper and Gold focus Price A$0.17 ASX code CYU Shares issued 77.6M Options 18.4M Market Cap. A$13.2M Cash A$2.4M Listed 29 October ’07 MAJOR SHAREHOLDERS China Yunnan Copper 21.7% (Australia) Development Co. Norm Zillman 10.3% Elliott Nominees Pty Ltd 9.0% Top Top 20 20 shareholde
Slide 5: CYU Board and Management
CYU Board and Management An experienced team of resource project developers Mark Mark Elliott Elliott Paul Paul Marshall Marshall Norm Norm Zillman Zillman Chao Chao Yang Yang Liang Liang Zhong Zhong Jason Jason Beckton Beckton Zewen Zewen Yang Yang Non-Executive Non-Executive Company Company Non-Ex
Slide 6: CYU Board and Management
C Y U Board and Management Management – Proven International Discovery and Development Record Richard Hatcher – Senior Geologist – San Anton Mexico, Palmarejo Mexico, Roseby Cloncurry. Jim Cran – Senior Geologist – Biely Vrch Slovakia, Tolukuma PNG, Sappes Greece. David Sims – Field Manager – Sunris
Slide 7: Cornerstone Investor – Yunnan
Cornerstone Investor – Yunnan Yunnan’s Mines Yunnan’s Mines •• 66 mines mines in in production production •• 33 mines mines in in development development Yangla Yangla Cu Mines Cu Mines •• Most are Most are IOCG IOCG Style Style Chinese Production Chinese Production 07 07 Lala Lala Cu Mine Cu Mine •
Slide 8: Australian Target Style – IOCG
Australian Target Style – IOCG Copper Deposits Major Other Warrego Gecko Ernest TENNANT Henry CREEK Peko/Juno Starra Eloise Osborne MT ISA EFB Olympic GAWLER Dam Early Proterozoic Manxman North Portia Cu Blow Basin Prominent Hill Block CURNAMONA Archaean Moonta Basin Gneiss complex Block
Slide 9: CYU’s Existing Projects
CYU’s Existing Projects CYU CYU Projects & Projects & Targets Targets Cloncurry –– Cu, 1.Cloncurry 1. Cu, Au, Au, U U Mt Isa 2.Mt 2. Isa –– Cu, Cu, Au, Au, U U 1. Cloncurry Cloncurry –– Cu, Cu, Au, Au, U U 3. Pentland 3. Pentland –– Au, Au, U U 1. Pentland –– Au, 3.Pentland Au, U U 3. CYU CYU CY CY
Slide 10: Mt Isa – Cloncurry
Mt Isa – Cloncurry •• Mt Isa Mt Isa 255 Mt 255 Mt @ @ 3.3% 3.3% Cu Cu •• Mt Isa Mt Isa 90 Mt 90 Mt @@ 7% 7% Pb, Pb, 6% 6% Zn Zn •• George Fisher George Fisher 108 Mt 108 Mt @ @ 11% 11% Zn, Zn, 5% 5% Pb Pb •• Ernest Henry Ernest Henry 167 Mt 167 Mt @ @ 1% 1% Cu, Cu, 0.5g/t 0.5g/t Au Au •• Cannington
Slide 11: Cloncurry Exploration Success
Cloncurry Exploration Success
Slide 12: Cu Au Discovery - Gem
Cu Au Discovery - Gem •Hole GR-003 results include 38m @ 1.25% copper and 0.20g/t gold from 33m, including 22m @ 1.96% copper and 0.29g/t gold from 45m. •Drilling completed at the Gem Prospect, Cloncurry North Project with the results from the first of five holes now received. •Possible commercial i
Slide 13: Cu Au Discovery - Gem
Cu Au Discovery - Gem RUSTRALIA . Pit - «= > ee GR-003 Pit ; cor \O 2 oe ee & ° — ~~~ Zone of intense * k aoc = ° \z\. ee 170m sulphidation, F —_ ¥ 1 \ silification * . \ ° je ee © © 160m SS - Fi ae ks Se Y \ ec oc oc e e Granite ee ‘\ 4\ cc eo rr SS a ee eee ee eee Cee . \'\ ss occ ttt wert tl 38m
Slide 14: Cu Au Discovery - Gem
Cu Au Discovery - Gem
Slide 15: Mt Isa – Prospects Drilled
Mt Isa — Prospects Drilled bare LimITso
Slide 16: North East Qld – High Grade Results
North East Qld – High Grade Results Major Deposits Major Deposits Charters Towers Charters Towers •• 7.1 Moz 7.1 Moz Au Au •• 6.5 Mt @ 34g/t Au 6.5 Mt @ 34g/t Au Ravenswood Ravenswood Kidston Kidston Project Project •• 3.3 Moz 3.3 Moz Au Au •• >80 Mt >80 Mt @ @ 1.3g/t 1.3g/t Au Au Pentland Pentland
Slide 17: Toomba (36 samples average 7.2 g/t Au)
Toomba (36 samples average 7.2 g/t Au)
Slide 18: Toomba, gold, mesothermal structure
Toomba, gold, mesothermal structure – deeper IRG target remaining
Slide 19: Project Generation, Latin American Example
Project Generation, Latin American Example •• Utilising Utilising existing existing contacts contacts in Latin in Latin America America to to generate projects. generate projects. •• Target Target medium medium (50Mt) (50Mt) to large to large (>100Mt) (>100Mt) copper copper deposits at deposits at f
Slide 20: Yunnan Group’s long term goals
Yunnan Group’s long term goals Clear goals ensure a sound strategy •• Copper resources/reserves: Copper resources/reserves: 10 10 Mt Mt •• Copper cathode Copper cathode output: output: 500 500 kt kt pa pa •• Copper-in-concentrate output: Copper-in-concentrate output: 300 300 kt kt pa pa •• Annual fu
Slide 21: Discovery to Production – 7 years
Discovery to Production – 7 years Early Early stage stage Purchase Purchase of of potentially potentially Grassroots Grassroots economic mineralisation economic mineralisation exploration exploration with with aa few few drill drill 22 years years ++ intersections intersections Discovery Discovery (
Slide 22: A partnership with a competitive edge
A partnership with a competitive edge Yunnan provides; Yunnan provides; •• Access to Access to project project finance finance •• Access to Access to Chinese Chinese equipment equipment •• Operational expertise Operational expertise CYU provides; CYU provides; •• Focus on Focus on copper copper and
Slide 23: Strategic Relationship
Strategic Relationship Chinalco 49% Yunnan Copper Industry Group (YCI) (YCI) 22% China Yunnan Copper Australia (ASX:CYU) (ASX:CYU)
Slide 24: Why Invest in CYU?
Why Invest in CYU? Exploration success Exploration success in Mt Isa/Cloncurry District, discovery is discovery is best best value value driver. driver. Parallel project Parallel project generation generation effort effort •• Copper cash Copper cash cost cost of of << $US1.00/lb $US1.00/lb •• Open p
Slide 25: Thank you
Xie Xie – Thank you www.cycal.com.au
China Yunnan Copper Australia — Investor Presentation (May 2009) on 6ix