global geoscience | asx:gsc | ris2014 broken hill investor presentation

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GLOBAL GEOSCIENCE LTD

ASX: GSC

Disclaimer

ASX: GSC Global Geoscience Ltd 2

The information contained in this Presentation or subsequently provided to the

recipient whether orally or in writing by, or on behalf of the Company or any of

its directors, officers, employees, agents, representatives and advisers (the

Parties) is provided to the recipient on the terms and conditions set out in this

notice.

The information contained in this Presentation has been furnished by the

Parties and other sources deemed reliable but no assurance can be given by

the Parties as to the accuracy or completeness of this information.

To the full extent permitted by law:

(a) no representation or warranty (express or implied) is given; and

(b) no responsibility or liability (including in negligence) is accepted, by the

Parties as to the truth, accuracy or completeness of any statement, opinion,

forecast, information or other matter (whether express or implied) contained in

this Presentation or its appendices or as to any other matter concerning them.

To the full extent permitted by law, no responsibility or liability (including in

negligence) is accepted by the Parties:

(a) for or in connection with any act or omission, directly or indirectly in reliance

upon; and

(b) for any cost, expense, loss or other liability, directly or indirectly, arising

from, or in connection with, any omission from or defects in, or any failure to

correct any information, in this Presentation or any other communication (oral

or written) about or concerning them, or the issue of securities in the Company.

The delivery of this Presentation does not under any circumstances imply that

the affairs or prospects of the Company or any information affecting it have

been fully or correctly stated in this Presentation or have not changed since the

date of this Presentation or since the date at which the information is expressed

to be applicable. No responsibility or liability (including in negligence) is

assumed by the Parties for updating any such information or to inform the

recipient of any new information of which the Parties may become aware.

Notwithstanding the above, no condition, warranty or right is excluded if its

exclusion would contravene the Trade Practises Act 1974 or the Corporations

Act 2001 or any other applicable law or cause an exclusion to be void.

The provision of this Presentation is not and should not be considered as a

recommendation in relation to an investment in the Company or that an

investment in the Company is a suitable investment for the recipient. Recipients

proposing to invest in the Company should undertake their own analysis and

obtain independent advice.

Competent Person Statement

The information in this report that relates to Exploration Results and Exploration

Targets is based on information compiled by Peter Nicholson, a Competent

Person who is a Fellow of The Australasian Institute of Mining and Metallurgy.

Peter Nicholson is employed by Nicholson Geologist Pty Ltd and acts as a

consultant to the company. Peter Nicholson is Technical Director of Global

Geoscience Ltd and owns shares and options in the company.

Peter Nicholson has sufficient experience that is relevant to the style of

mineralisation and type of deposit under consideration and to the activity being

undertaken to qualify as a Competent Person as defined in the 2012 Edition of

the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources

and Ore Reserves’. Peter Nicholson consents to the inclusion in the report of

the matters based on his information in the form and context in which it

appears.

.

Overview


Tokop oxide gold discovery (GSC 100%)

Large intrusion related gold system first drilled in 2013

Multiple wide zones of oxidised and leachable Au-Ag mineralisation

Less than 25% of 2.5km2 mineralised zone tested to date

Towers Mt porphyry Cu-Mo (GSC 100%)

Largely untested porphyry Cu system in central Arizona

Limited previous exploration focussing on molybdenum

Antofagasta can earn up to 70% by spending US$5M over 6 years

Exploration alliance with Antofagasta for Cu in Arizona

All projects identified using in-house targeting method

$4 in $5 spent on exploration since 2008

Corporate Overview

Global Geoscience Ltd 4

Directors

Robert Reynolds Non-Exec Chairman

Bernard Rowe Managing Director

Peter Nicholson Executive Director

Patrick Elliott Non-Exec Director

ASX: GSC

Capital Structure

Shares 216M

Options 37M

Share Price $0.03

Market Cap. $6M

Cash (31/03/14) $0.8M

Shareholders

Top 20 46%

Directors 14%

Osisko Mining Corp 6.6%

Quality Life P/L 5.2%

Peter Nicholson 4.6%

World Gold Producers

5 Global Geoscience Ltd ASX: GSC

World Gold Producers: USA #3, Peru #6

World Copper Producers


World Copper Producers: Peru #2, USA #4

Nevada – Over 200Moz Au

7 Global Geoscience Ltd

Tokop

Excelsior

Lone Mt

Spring Valley

Long Canyon

Hycroft

Nth Bullfrog

Battle Mt

Eureka

Trend

Carlin

Trend

Jerritt Canyon

Twin

Creeks Sleeper

ASX: GSC

Pan

Bald Mt

Ruby Hill

Major Gold Deposit

>1Moz Au

Global Project

Tokop


Large (2.5km2) arsenic geochemical anomaly, unexplored, 12km from Hwy 95

UTM Z11 NAD27

Tokop


Associated with multiphase granite intrusion that hosts Au-Ag mineralisation

About 70% of intrusion

concealed beneath poorly

mineralised limestone/skarn

Volcanic Cover

Mineralisation occurs

within intrusion

UTM Z11 NAD27

Tokop


Global has drilled 20 wide-spaced holes covering about 25% of the prospective area

8m/0.33/1.7

Volcanic Cover

44m/0.41/5.8

10m/1.00/17.3

30m/0.72/10.5

36.6m/0.38/3.5

18m/1.94/8.8

35m/0.40/5.2

19.8m/0.32/5.1

18.3m/1.25/4.8

13.8m/0.94/7.3

m/Au/Ag in g/t UTM Z11 NAD27

Deposit Owner Type M&I Resource

Mt

Grade

g/t Au

Ann. Production

‘000 oz

Operating Cost

US$/oz

Cortez Barrick Heap leach

and mill

280 1.77 1337 222

Round Mt Kinross 50%

Barrick 50%

Heap leach

and mill

160 0.71 (average)

0.35 (heap leach)

312 877

Hycroft Allied Nevada Heap leach 879 0.21 191 855

Marigold Silver Standard Heap leach 274 0.53 162 887

Bald Mt Barrick Heap leach 310 0.61 161 763

Ruby Hill Barrick Heap leach 166 0.70 91 767

Pan Midway Gold Heap leach 80 0.44 - 585

Nth Bullfrog Corvus Gold Heap leach 37 0.26 - 778

Fort Knox

(Alaska)

Kinross Heap leach

and mill

261 0.48 (average)

0.28 (heap leach)

421 569

Nevada Heap Leach Mines


Heap leach gold mines in Nevada: Low-grade, low-cost

Arizona – Giant Cu deposits


Bagdad

Towers Mt

Camp Verde

New Morenci

Ajo

Mission

Sierrita

San Manuel

Morenci

Globe/Miami

Ray/Resolution

Tohono

Major Cu Deposit

>4Mt contained Cu

Global Project

Towers Mt


Large, strong Cu-Mo stream sediment anomaly within 64Ma granodiorite

UTM Z12 NAD27

Towers Mt


Follow-up identified a previously unmapped Qtz-Fsp porphyry as the source of the Cu-Mo

UTM Z12 NAD27

Towers Mt


Detailed exploration has defined a large surface copper anomaly

Outer Limit of

Phyllic Alteration

Barren Centre

Annular Cu

Anomaly

UTM Z12 NAD27

Towers Mt


Previous drilling targeted Mo in barren centre, annular copper anomaly largely untested

UTM Z12 NAD27

Towers Mt


Cross-section through a porphyry copper system

Tokop Gold Project in Nevada (GSC 100%)

Recent discovery in southern Nevada

Grades similar to Nevada heap leach mines

Au and Ag are leachable, ongoing heap leach test work

Potential for higher grade in structural zones and intersections

Only 25% of the prospective area has been drilled to date

Towers Mt Porphyry Cu Project in Arizona (GSC 100%)

Porphyry copper system in central Arizona

Large annular surface copper anomaly largely untested by previous drilling

Fully funded by Antofagasta

Drill permitting in progress

Summary


References


Allied Nevada Gold Corporation, 2014. 2013 4th Quarter Financials.

Allied Nevada Gold Corporation, 2014. Allied Nevada Reports 2013 Financial and Operating Results.

Barrick Gold Corporation, 2014. Fourth Quarter and Year-End Report 2013.

Corvus Gold Corporation, 2014. North Bullfrog Project, Corvus Gold Corporation website.

Kinross Gold Corporation, 2013. Kinross Gold 2013 Annual Report.

Kinross Gold Corporation, 2014. Fourth Quarter & Full-Year 2013 Operations Summary.

Midway Gold Corporation, 2014. Pan Project, Midway Gold Corporation website.

Silver Standard Resources Inc. 2014. Marigold Mine, Silver Standard Resources website.

Steininger, R.C., Giroux, G., Wilson, S. and Pennstrom, W., 2012. Technical Report and Preliminary Economic Assessment for the

North Bullfrog Project, Bullfrog Mining District, Nye County, Nevada. Report for Corvus Gold Corporation.

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