Transcript
Page 1: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Bau ProjectGeological

The Bau goldfield has multiple deposits providing many mining

opportunities

Four main mineralisation styles recognized

• Disseminated sediment hosted (Carlin style) Jugan Hill, Kapor

• Silica replacement and breccias Young’s Hill, Bau Ridge

• Mangano-calcite +/- quartz veins (Taiton, Kapor)

• Porphyry hosted gold and skarn (Bau Ridge, part Young’s Hill)

Most deposits have elements of several styles

Definite “boiling” textures seen in intrusive at Young’s Hill puts part of system into epithermal environment – implications for depth potential

1Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 2: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Core Logging & Cutting• Refurbished core shed• Built core cutting area• Installed three additional core saws

Assay Lab & Sample Prep Setup• SGS – independent accredited lab• Fire assay for gold onsite• ICP - other 20 elements sent to Port Klang/KL• Available for other company operations• Royalty for non-company samples• Relocating Bong Mieu met lab to Bau

InfrastructureAssays and lab

2Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 3: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

By sector - Feb 2012Resources

Sector Category Tonnes (t) Grade (g/t)Au Ounces Au

Jugan HillMeasured 3,425,000 1.44 158,500

Jugan Hill Indicated 10,259,000 1.52 500,600Jugan HillInferred 507,000 1.00 16,300

Young's HillIndicated 1,857,000 2.02 120,400

Young's HillInferred 10,638,000 1.53 524,100

TaitonIndicated 1,517,000 2.75 134,000

TaitonInferred 3,419,000 1.75 192,000

Bau Ridge Inferred 8,346,000 1.14 307,000Kapor Inferred 25,798,000 1.20 997,800

Fern Hill Inferred 1,354,000 1.63 70,900Measured 3,425,000 1.44 158,500

Indicated 13,633,000 1.72 755,000

Measured + Indicated 17,058,000 1.67 913,500

Inferred 50,062,000 1.31 2,108,100

Measured + Indicated + Inferred 67,120,000 1.40 3,021,600

3Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 4: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

10

Young’s Hill

Jugan Hill

15km long 120 Sq Km 3Moz above 100m depth

In Feasibility

N

Bau Ridge

Fern Hill

Taiton

Kapor

Central Bau

Deposit Sectors

One Moon Champion

4Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 5: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Bau projectJugan Hill

• 659,100 oz Au M & I

• 2012 Target of + 1,000,000 oz Au

• Starts at surface, open all directions

5Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 6: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Jugan HillResource

N

6Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 7: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Resource & Extension

Bukit Sarin & Jugan Hill

7

Legend

Ore wire-fame

Gold anomaly

N

500 m

Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 8: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

JUDDH 51 Section looking NEJugan hill

-200mRL

-100mRL

0mRL

JUDDH-0

4JU

DDH-18

JUDDH-2

3

JUDDH-3

5

102.4m

JNDDH03

JUDDH-16

JUDDH-4

5

82.2m

DDH1130

8

60m

DDH1131

2

82.5m

DDH1131

5

97m

DDH1131

3

72.8m

DDH1131

8

JUDDH-0

2

50m

60.85m

JUDDH-12

WDH1130

7

JUDDH-5

1

314.3m

JNRC29

JNRC30

JUDDH-10

JUDDH-11

123.46m

351.2m

JUDDH-0

4JU

DDH-18

JUDDH-2

3

JUDDH-3

5

102.4m

JNDDH03

JUDDH-16

JUDDH-4

5

82.2m

DDH1130

8

60m

DDH1131

2

82.5m

DDH1131

5

97m

DDH1131

3

72.8m

DDH1131

8

JUDDH-0

2

50m

60.85m

JUDDH-12

WDH1130

7

JUDDH-5

1

314.3m

JNRC29

JNRC30

JUDDH-10

JUDDH-11

123.46m

351.2m

Arsenopyrite % (NBG Drilling)

Au grade

Legend

Gold mineralisation

8Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 9: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

NE 135 Section looking NEJugan hill

-300mRL

-200mRL

-100mRL

0mRL

MDH

09

DDH11339

DDH11345

JUDD

H-22

JUDD

H-24

JNRC31

MDH

11

MDH

08

JUDD

H-48

DDH11369

JUDD

H-26

JUDD

H-28

JUDD

H-58

35.67 m

44.5 m

40.58 m

70.2 m69.5 m

106.8 m

120 m

277.5 m260.4 m

190.6 m

330.3 m

230.8 m

416.1 m

304.3 m

MDH

09

DDH11339

DDH11345

JUDD

H-22

JUDD

H-24

JNRC31

MDH

11

MDH

08

JUDD

H-48

DDH11369

JUDD

H-26

JUDD

H-28

JUDD

H-58

35.67 m

44.5 m

40.58 m

70.2 m69.5 m

106.8 m

120 m

277.5 m260.4 m

190.6 m

330.3 m

230.8 m

416.1 m

304.3 m

Arsenopyrite % (NBG Drilling)

Au grade

Legend

Gold mineralisation

9Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 10: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Trend

Additional Mineralisation or Possible Resource

Extensions

Section A

Youngs Hill

Old mine pit

Old mine b

uildings

10Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 11: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Section A

Intrusive zones

Main jasperoid-calcitevein breccia zones

WDH

07

BYDD

H-16

BYDD

H-26

BYDD

H-15

BYDD

H-12

DDH102-61

DDH102-34

DDH102-32

BYDD

H-01

BYDD

H-02

BYWDH

-01

BYDD

H-25

Young’s Hill

11Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 12: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Bau projectProgramme 2012

• Progress & complete feasibility study - Jugan Hill & Young Hills

• Continue to upgrade current resource category (Inferred, Indicated and/or Measured) {±1.3Moz}

• Expand resources (all categories) {±3.5Moz}

• Increase exploration drilling of defined targets

• Exploration around Bau to expand existing and locate new deposits

12Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 13: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Bau project Current feasibility

Metallurgical testing

• SGS – flotation and associated testwork (Phase 1) and initial POX work

• Core Technologies – use flotation concentrate (½ of SGS concentrate) to test Albion

process

• Associated in-house tests (Jugan Hill & Young’s Hill) & relocation of met lab to Bau

• Additional drill holes (6) for Phase 2 test work completed

Mine Planning & Reserves – preliminary scoping study

Geotechnical – logging and preliminary modelling

Preliminary TSF and Dump Site Assessment – location options for

testwork

13Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 14: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Geology – Jugan Laser Ablation Work

Refractory Au concentrateson the rim of arsenian pyrite which could be profitably extracted

Arsenian pyrite also containshigh Cu, Pb & Bi. Which indicatespresence of magmatic source

Preliminary mineralogyJugan Hill

14Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 15: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Bau project Current feasibility

Metallurgical testing

• SGS – flotation and associated testwork (Phase 1) and initial POX work

• Core Technologies – use flotation concentrate (½ of SGS concentrate) to test Albion

process

• Associated in-house tests (Jugan Hill & Young’s Hill) & relocation of met lab to Bau

• Additional drill holes (6) for Phase 2 test work completed

Mine Planning & Reserves – preliminary scoping study

Geotechnical – logging and preliminary modelling

Preliminary TSF and Dump Site Assessment – location options for testwork

15Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 16: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Capcapo -Philippines

16Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 17: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

North PhilippinesRegional map

0 100

kilometers

Structures

Capital city

Legend

Gold, CopperMine/Prospects

East

Luz

on

Tro

ughM

an

ila T

ren

ch

Philippine Fault

Santo Tomas

Manila

Baguio City

Baguio Mankayan District ~60 million Oz.

PHILIPPINES

Phil ippine

Sea

Teresa 1.3 million Oz. 5.29 g/t Au

Far-Southeast 9.2 million Oz 1.76 g/t Au, 0.81% Cu (1.8% Cu

Didipio 1.1+million Oz. 1.7 g/t Au, 0.65%

Capcapo Project

N

Santo Tomas 449 million tonnes 0.7 g/t Au, 0.38%

17Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 18: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

CapcapoKey facts

• Capcapo is within a region of large-scale productive Cu-Au deposits

• Ore grade epithermal eruption breccia mineralization outcrops over 400 x 300m area

• Surface mineralization is related to a major epithermal eruption vent (East Knoll), which overlies a classic porphyry Cu-Au system

• Drilling indicates that mineralization remains open in all directions; extending beyond 180m below outcrop including;

• Deepest drill intercept ( 87m - 115m): 28m @ 3.06 g/t Au, 0.67% Cu, incl- 18m @ 4.43 g/t Au, 0.91% Cu

• Drill data reveals copper grades increasing with depth

• Major vent structure not yet drilled

18Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 19: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Property map

Overall Alteration Zone

Silicified-pyritized zone with Chalcopyrite. (hosts anomalous Cu stream sed samples and rock grab samples ranging from 0.2-0.9 g/t Au

Capcapo deposit areaRed= surface mineralizationYellow= Au soil anomalyBlue= Cu soil anomaly

??

Surface ShowingsSurface Exposure: 9,150m2 area @ 4.54 g/t Au

Capcapo MPSA Boundary (~4,000 hectares or 40 Km2)

KM0 2

19Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 20: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Deposit Capcapo

100

meters

0

Recent drillhole

Planned drillhole

Breccia

Road

Gold soil geochem Anomaly(+100 ppb)

Legend

N

Section 1

Sect

ion

2

EAST KNOLL??

??

07-9: 1.49 g/t Au, 0.31% Cu over 94m Inc. 2.65 g/t Au, 0.23% Cu over 43mand 3.66 g/t Au, 0.08% Cu over 27.74m

07-11: 1.53 g/t Au, 0.35% Cu over 47m and 2.55 g/t Au, 0.55% Cu over 27m Inc. 4.05 g/t Au, 0.78% Cu over 16m

07-12: 3.06 g/t Au, 0.67% Cu over 28mInc. 4.43 g/t Au, 0.91% Cu over 18m

07-10: 2.07 g/t Au, 0.60% Cu over 41minc. 3.33 g/t Au, 1.45% Cu over 6mand 4.02 g/t Au, 1.05% Cu over 10m

3.21 g/t Au (Breccia)

3.65 g/t Au (Breccia)

Inferred Epithermal Vent Structure

Gold soil anomaly

0.32 g/t Au (Breccia)

DDH07-12DDH07-11

DDH07-10

DDH07-09

DDH07-13

DDH07-14

20Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 21: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Section 1Deposit area

25

meters

0

25

DDH07-09

DDH07-011DDH07-012

West East

94m @ 1.49 g/t Au, 0.31% Cu

27.4 m @ 3.66 g/t Au, 0.08% Cu

43m @ 0.75 g/t Au, 0.53% Cu

16m @ 4.05 g/t Au, 0.78% Cu

18m @ 4.43 g/t Au, 0.91% Cu

47m @ 1.53g/t Au, 0.35% Cu, including 27m @ 2.55 g/t Au, 0.55%Cu

28m @ 3.06 g/t Au, 0.67% Cu.

Oxidized Breccia

Fault zone (sequence of gougy material and broken rock fragments)

HydrothermalBreccia

21Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 22: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Section 2Deposit area

25

meters

0

25

DDH07-013

DDH07-010DDH07-011

NorthCross Section of DDH07-10, 11 & 13 Looking West

SouthSurface samples up to 3.8 g/t Au (west of section)

Breccia

Breccia

Fault zone (sequence of gougy material

and broken rock fragments/sheared)

Chert

Altered Andesite

Altered Andesite

Altered Andesite

Breccia intruded by Andesite Dykes

Individual samples up to 29 g/t Ag, 0.7 g/t Au, 0.5% ZnRemaining Assays pending

3.33 g/t Au, 1.45% Cu over 6m

3.32 g/t Au, 0.72% Cu over 18m

1.53 g/t Au, 0.44% Cu over 58m

4.05 g/t Au, 0.78 % Cu over 16m

2.55 g/t Au, 0.55% Cu over 27m

22Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 23: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Olympus Pacific Minerals

• Established production record

• Excellent value compared to peers

• Proven mine building team

• Huge upside potential for Bau, Vietnam & the Philippines

• Phase 1 Feasibility for BAU 2014 - 2015. Projected minimum 10 year mine life

• Pipeline to production beyond 200,000 Ozs per annum

23Saturday, 30 June, 12

For

per

sona

l use

onl

y

Page 24: Bau Project The Bau goldfield has multiple deposits ...Bau Project Geological The Bau goldfield has multiple deposits providing many mining opportunities Four main mineralisation

Thank you.

24Saturday, 30 June, 12

For

per

sona

l use

onl

y


Top Related