Auking Mining Ltd · ASX:AKN
Auking Mining — Chinalco Yunnan Copper Resources — Mining the Isa Conference (October 2013)
18 slides from Auking Mining's conference presentation, Oct 3, 2013
Slide 1: Blue Caesar Prospect, Elaine Copper-Gold Resource
Blue Caesar Prospect Elaine Copper-Gold Resource 3 October 2013 1
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement DISCLAIMER This presentation has been prepared by Chinalco Yunnan Copper Resources Ltd (CYU) for the sole purpose of providing an overview of its current prospects and proposed exploration and development strategy to recipients. This presentation is based on i
Slide 3: CYU's Mt Isa Exploration Activities
CYU’s Mt Isa Exploration Activities CYU has spent the past 4 years conducting exploration activities in the Mt Isa Inlier, achieving the following: * carried out more than 13,000m of drilling * established an inferred JORC resource at Elaine of 27mt with a contained metal content of 147,000t Cu and
Slide 4: Geology
Geology Hh cossen [LF Hobiende fetéspor granofts MMaphitotteimetadoterite ea LJ auarrcite [EF Petéspar-ciopsie calesiticate Biotte schist shear and sheared amphibolite LF eanee iopside skarn(garnette) aston garner calesilcate Structure an Fault mapped A Fault inferred - Mary Kathleen Shear Zone, a i
Slide 5: Elaine Project – Drillhole MKED036
Elaine Project – Drillhole MKED036 • The most recent drillhole at Elaine (MKED036), an 850m deep vertical diamond drillhole, was designed to test the depth extent of the main mineralised zone at Elaine as mapped by resistivity anomalies defined in the EH4 geophysics program • Assays for MKED036 retu
Slide 6: Elaine Copper-Gold Model Section
Same TAS a Elaine Copper-Gold Model Reference Resistivity Low ffi spac ninth S) Resistivity High ee Bk th | Pf Gold intercept 220¢t sweat omy Chinalco Yunnan Copper Resources Ltd Mary Kathleen Joint Venture QLD | | Elaine Copper-Gold-Uranium Deposit Section EH4 - MKEDO36 6 25 January 2013
Slide 7: Blue Caesar Project – Phase 1 Program
Blue Caesar Project – Phase 1 Program • Phase 1 (3 hole) drilling program conducted in April/May 2013 • Drillholes MKBC002 and MKBC003 defined a 135m strike extent that is characterised by very near-surface disseminated, predominantly Cu sulphide mineralisation • MKBC002 established a broad zone of
Slide 8: Blue Caesar Section MKBC002
Image 1 Massive sulphides at 30 metres Im @ 17.3% MKBC002 [email protected]% Ce pyrite Prechtite chalcopyrite [email protected]% Cu 0.05g/t Au 380m Sulphides at 85 metres Im @ 0.50% Cu Reference TTY, Copeerent intercon [A riornbtendefetaspar granofets [Ea Pttsparctopside calesiicate J sezeatite iorside garnet) eale-s
Slide 9: Blue Caesar Project – Phase 2 Program
Blue Caesar Project – Phase 2 Program • Phase 2 (5 drillhole) program commenced at Blue Caesar in July 2013 • Drillhole MKBC004 tested the down-dip extension of mineralisation from MKBC002 and MKBC005 tested the northerly strike extension of known mineralisation • MKBC004 featured mineralisation of
Slide 10: Roseby South and Millenium Farm-ins
Roseby South and Millenium Farm-ins • In mid-September 2013, CYU entered into farm-in agreements with Altona Mining (Roseby South) and Elementos (Millenium) • The Roseby South and Millenum tenure comprises EPMs and MLs that cover an area of > 1000sq kms • Under the terms of the farm-in agreements, C
Slide 11: Roseby South and Millenium Farm-ins
Roseby South and Millenium Farm-ins • In mid-September 2013, CYU entered into respective farm-in agreements with Altona Mining (Roseby South Project) and Elementos (Millenium Project) • These projects comprise EPMs and MLs covering an area of > 1000sq kms • The Roseby South and Millenium tenures are
Slide 12: Roseby South/ Millenium – Mineralisation Controls
Roseby South/ Millenium – Mineralisation Controls CYU was attracted to this area as it contains the essential elements for large tonnage deposits, namely: • A structural regime characterised by large through-going deep crustal sutures (Fountain Range, Pilgrim, Cameron and Wonga Faults) with “connect
Slide 13: 13
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Slide 14: Roseby South/ Millenium – Immediate Targets
Roseby South/ Millenium – Immediate Targets CYU’s preliminary review of the data has identified: • Three Priority 1 targets at Federal, Companion and Lost Treasure • Four secondary targets and numerous tertiary targets The Federal Prospect (which includes the Millenium mining leases) has drive-up dr
Slide 15: Mount Isa Project Target Map
i saoror LEGEND Ty ew Hy ew: oo Pinnacles West |} -20°30 Lang Valley innamed Summit il | -20°40 ‘Unnamed Lost Treasure Se - MOUNT ISA PROJECT fo 20°80 a ROSEBY SOUTH JV @amarco TARGET RANK 15 | Cepeda et reneh Geppe mse Untad309
Slide 16: CYU's Board of Directors
CYU’S Board of Directors Mr Zhihua Yao (Chairman) – mining engineer with 30 years experience in mining and exploration in China. Deputy General manager of Chinalco Yunnan Copper Industry (Group) Co Ltd since 2010 Mr Paul Williams (Managing Director) – commercial lawyer with almost 30 years experienc
Slide 17: CYU Corporate Summary
CYU Corporate Summary ASX (Australia) Code – CYU (As at 27 September 2013): Shares on issue – 247.99m Market capitalisation – A$13.1m Average daily volume – 97,600 shares Debt – Nil Cash – A$1.5m Substantial shareholder – Yunnan Copper Industry (Group) Co., Ltd (43%) 17
Slide 18: Contact Details
Contact Details Level 8, 320 Adelaide St Brisbane QLD 4000 Australia Telephone: +61 7 3211 9013 Fax: +61 7 3010 9001 www.cycal.com.au Paul Williams: [email protected] 18
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