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BEIJING MINES & MONEY – JUNE 2012
1. An Option on a
World Class Minerals Package
Beijing Mines & Money
June 2012
Mike Palmer, CEO Phone: +61 2 8920 2300 Mobile: +61 418 950 694
2. Foyson Resources Snapshot
Undervalued Leverage to potential World Class projects
Focus on Papua New Guinea islands & coast, providing favourable logistics
& proximity to major developments
Amazon Bay - large, well located iron sands project with vanadium &
titanium credits
Multiple gold/copper projects - located on same geological structures as
major mines (Lihir, Simberi)
Strong management track record
Clear strategy & structure for shareholders value creation
ASX Code “FOY”; market cap $6 million; based in Sydney
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
3. Amazon Bay - Undervalued Leverage
Significantly under valued when compared to ASX listed peers with iron-vanadium-
titanium resources
Company ASX Resource1 (tonnes) Location Market Cap2 ($M)
IRON SANDS HARD ROCK
Foyson FOY 630 million3 PNG 6
Indo Mines IDO 165 million Indonesia 66
Amex Resources AXZ 220 million Fiji 71
TNG TNG 160 million NT 30
Speewah SPM 4.7 billion WA 16
Balla Balla Project - 450 million WA 40
1
Resources as defined by Company
2
As at 1 June 2012
3
Refer Disclaimer Cautionary Statement
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
4. Proximity to World Class Projects
Proximity to World Class Mining Projects
140o 142o 144o 146o 148o 150o 152o 154o 156o o
2o 2
Lorengau
Vanimo MANUS MUSSAU Kavieng SIMBERI
LIHIR
New Ireland
Wewak LEGUSULUM TANGA
Namatanai
SOLWARA
4o 4o
Rabaul
FRIEDA
New Britain SINIVIT
PALABONG
OK TEDI Madang
Hoskins
Tabubil Wabag
PORGERA Mt Hagen RAMU
6o
YANDERRA Kimbe
NORTH NEW BRITAIN 6o
ATUI
KAINANTU Kieta
Chimbu Yonki
Goroka
Kandrian
Bougainville
PAPUA
Lae
WAFI-GOLPU
Wau
8o
HIDDEN
VALEY
NEW GUINEA 8o
Kembra
TOLUKUMA
Popondetta
LEGEND
Daru
WOODLARK
Port Moresby
Foyson Projects
10o 10o
GOLDEN PEAK Alotau
MISIMA
0 100 200
AMAZON BAY Existing &
UPDATED MAY 2012 POI Potential Mines
12o 12o
140o 142o 144o 146o 148o 150o 152o 154o 156o
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
5. New Corporate StructureStructure
Revised Corporate
100% 50% plus 50% Option 100%
New Ireland Holdings Limited Amazon Bay Holdings Limited Titan Resources Pty Ltd
Gold/Copper Iron sands/Vanadium/Titanium Gold/Copper
New management
New strategy for prioritising projects
New approach to project development
New corporate structure
Recapitalise
New company name
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
6. Amazon Bay Iron Sands - Overview
Over 100 km stretch of coast line, 200 km south east of Port Moresby
Focus on 30 km long Threadfin area, which has exploration target of
630 million tonnes 1
Concentrate of 55% Fe, 1% V2O5 & 17% TiO2
Plan to drill Threadfin to JORC status in CY2012
Metallurgical processes now exists to separate out high purity
vanadium and titanium products
Low cost, well tested production process - similar to BlueScope Steel at
Waikato, New Zealand
1
Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation.
Refer Disclaimer Cautionary Statement
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
7. Amazon Bay Proposed Drilling
1600m
Radiometrics draped over Google Earth
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
8. Gold/Copper Projects - Proximity to World Class Mines
Mussau Island
Located on the same volcanic arc as Lihir (56Moz) and Simberi (6.5Moz)
Mostly unexplored because of
limestone cover
Exposed volcanic rocks contain
epithermal veins with up to 28g/t
gold (BHP past exploration)
Proposed exploration:
- Airborne magnetics
- Drill through cover
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
9. Gold/Copper Projects - Proximity to World Class Mines
Legusulum
Under-explored porphyry Cu-Au project
Same volcanic arc as Panguna
(23Moz Au, 6.5Mt Cu in resources
and past prod)
1980’s – Esso estimate 30Mt at 0.25%
Cu (not JORC) based on old drilling
Recommended by Esso:
- IP survey
- Deep drilling (>900m)
- Scout drill untested leach cap and
covered surrounds
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
10. Gold/Copper Projects - Proximity to World Class Mines
New Britain
Undrilled porphyry Cu-Au at ATUI on a known porphyry trend – IP and drilling
underway
Significant rock chip occurrences to be followed up
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
11. Foyson Resources Conclusions
Expenditure focussed on contribution to creating shareholder value
Undervalued leverage to major Iron Sands, Vanadium and Titanium project
World class PNG gold/copper tenement package with immediate
drill targets
Management track record of project delivery
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012
12. Foyson Resources Ltd
NOTICE AND DISCLAIMER CAUTIONARY STATEMENT
This document has been prepared by Foyson Resources Ltd (the Company). This document contains background information about the Company and its projects current
at the date of this document. It does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order
to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this document.
The document is for information purposes only. Neither the document nor the information contained in it constitutes an offer, invitation, solicitation or recommendation
in relation to the purchase or sale of shares in any jurisdiction. This document may not be distributed in any jurisdiction except in accordance with the legal requirements
applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction.
To the fullest extent permitted by law, Foyson Resources Ltd, its officers, employees, agents and advisers do not make any representation or warranty, expressed or implied,
as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this document.
No responsibility for any errors in or omissions from this document is accepted.
Where Foyson Resources Ltd expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to
have a reasonable basis.
1
To the extent that there is information set out in this document, any potential quantity and grade is conceptual in nature, as there has been insufficient
exploration to define a mineral resource under the JORC Code and it is uncertain if further exploration will result in the determination of a mineral resource
under the JORC Code. Quantity estimate based on previous drilling, Landsat and available radiometrics covering Amazon Bay dune formation.
The information contained in this document that relates to Exploration Results or Mineral Resources or Ore Reserves is based on information compiled by Mr
Chris Young who is a Member of the Australian Institute of Geoscientists. Mr Young has sufficient experience which is relevant to the style of mineral deposits
under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the “Australasian Code
for Reporting of Mineral Resources and Ore Reserves”. Mr Young consents to the inclusion in this presentation of the matters based on his information in the
form and context in which it appears.
An Option on a World Class Minerals Package
foyson...abundant harvest Strategy for Creating Shareholder Value May 2012 June 2012