Asx announcement presentation to investors 20.2.12

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Asx announcement presentation to investors 20.2.12

  1. 1. 20th February 2012ASX Announcement4/66 Kings Park Road, West Perth WA 6005PO Box 52, West Perth WA 6872 ASX: QRL Presentation to Shareholders and Investors Quintessential Resources Ltd, Managing Director Paige McNeil, will be presenting the attached Company Update which outlines the exploration strategy forward to existing and prospective investors in Sydney on 20th February 2012. For more information and to register to receive ASX announcements via email please visit: www.quintessentialresources.com.au Paige McNeil GDipEd, ACIS, GAICD Managing Director +61 8 6278 3202 info@quintessentialresources.com.auThe information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by, or compiled under the supervision of Dr SalamMalagun - Member of the Aust. Inst. of Geoscientists. Dr Malagun is the Technical Director of Quintessential Resources Ltd and a full time employee of the Company. Dr Malagunhas sufficient experience which is relevant to the type of mineralisation and type of deposit under consideration to qualify as Competent Person as defined in the 2004 Edition ofthe Australasian Code of Reporting Exploration Results, Mineral Resources and Ore Resources. Dr Malagun consents to the inclusion in the report of the matters based on theinformation in the form and context in which it appears. Drilling I Determination I DiscoveryASX Symbol: QRL info@quintessentialresources.com.au www.quintessentialresources.com.au ACN 149 278 759
  2. 2. Investor Presentation February 2012drilling determination discovery
  3. 3. Quintessential Resources LtdDisclaimer Statements: This presentation has been prepared to provide information on Quintessential Resources Limited.It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase orsale of any securities. This presentation should not be relied upon as the sole representation of any matter that a potential investor should consider in evaluating Quintessential, its affiliates or any of its directors, agents, officers or employees do not make any representation or warranty, express or implied, as to or endorsement of, the accuracy or completeness of any information, statements, representations or forecasts contained in this presentation, and they do not accept any liability for any statement made in, or omitted from, this presentation. The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by, or compiled under the supervision of Dr Salam Malagun - Member of the Aust. Inst. of Geoscientists. Dr Malagun is the Technical Director of Quintessential Resources Ltd and a full time employee of the Company. Dr Malagun has sufficient experience which is relevant to the type of mineralisation and type of deposit under consideration to qualify as Competent Person as defined in the 2004 Edition of the Australasian Code of Reporting Exploration Results, Mineral Resources and Ore Resources. Dr Malagun consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. Prospective investors should make their own independent evaluation of an investment in the Company. 2
  4. 4. Corporate Structure Quintessential is a dynamic junior mineral exploration company focused on acquiring,exploring and developing highly prospective mineral properties in Papua New Guinea for World Class Porphyry Copper and Gold deposits.LISTED ON ASX: 10.8.11ORDINARY SHARES: 30,000,000IN ESCROW (24 months): 10,000,000UNLISTED OPTIONS: 12,000,000CASH 31/12/11 : $1.99MMARKET CAP @ $0.32 : $12.8MRANGE: $0.18 - $0.35TOP 20: 52.03%DIRECTORS HOLD: 37.40% 3
  5. 5. Experienced Management TeamManagement have strong PNG technical and logistical experience with proven corporate and exploration track records.Chairman Jay Stephenson MBA, FCPA, CMA, FCIS, MAICD Over 21 years of business development including approximately 16 years as Director, Chief Financial Officer and Company Secretary for various listed and unlisted entities. Jay has been involved in business acquisitions, mergers, initial public offerings, capital raisings, as well as managing all areas of finance for companies. Jay sits on the boards of Doray Minerals, Drake Resources, Strategic Minerals and Aura Energy.Managing Director Paige McNeil GradDipEd, ACIS, GAICD& Company Secretary Over 13 years mineral exploration experience including the past 7 years as Administration Manager and/Company Secretary for various Australian and Canadian listed and unlisted companies predominantly operating in PNG, including Frontier Resources Ltd. 2010 Recipient of WA Business News 40under40 award.Exploration Director Dr. Salam Malagun PhD, MSc, MAIG Over 26 years geological experience through out Papua New Guinea and Queensland. Salam has worked on most of the major mineral deposits in PNG and his PhD research contributed significantly to the discovery of the Simberi Gold Deposit. 4
  6. 6. Tenement Portfolio 5
  7. 7. Strategic Land Position 6
  8. 8. EL1727 : Bismarck 7
  9. 9. Tekem Gold DepositA distinct NW oriented magnetic low is obvious through the Tekem Gold District. 8“Lows” represent intense hydrothermal activity and possible mineralised zones.
  10. 10. Tekem Gold ResourceHOLE NUMBER INTERCEPT TKD 001 LENGTH GOLD GRADE (g/t) FROM TO Entire Hole 80.1m 0.51 0.0m 80.1m Including 7.9m 1.34 7.6m 15.5m JORC COMPLIANT INFERRED RESOURCE Plus 0.7m 2.86 35.1m 35.8m Plus 2.2m 7.30 43.2m 45.4m Cut off Grade Tonnes Grade Approx TotalHOLE NUMBER INTERCEPT (g/t Au) (g/t Au) Ounces Gold TKD 002 LENGTH GOLD GRADE (g/t) FROM TO Zone 1 0.5 526,000 1.52 25,700 Entire Hole 75.1m 0.57 0.0m 75.1m 1 350,000 1.93 21,700 Including 13.1m 1.02 8.1m 21.2m Zone 2 0.5 272,000 1.79 15,650 Plus 3.1m 2.96 9.1m 12.2m 1 187,000 2.28 13,700 Plus 2.1m 8.10 63.5m 65.6m Plus 1.1m 0.90 74 75.1 0.5 798,000 1.61 41,400HOLE NUMBER INTERCEPT Total 1 536,000 2.05 35,400 TKD 003 LENGTH GOLD GRADE (g/t) FROM TO Entire Hole 75.9m 0.80 0.0m 75.9m 51.6m 1.16 0.0m 30.2m including 23.3m 2.38 6.9m 30.2m Plus 10.8m 0.35 10.4m 21.2m Plus 3.8m 11.84 22.2m 25.0m Including 0.65m 27.80 21.2m 22.2m Including 1.0m 25.40 22.2m 22.8m Plus 5.2m 0.58 25.0m 30.2m Plus 21.4m 0.19 30.2m 51.6mHOLE NUMBER INTERCEPT TKD 004 LENGTH GOLD GRADE (g/t) FROM TO Entire Hole 96.0m 0.71 0.0m 96.0m 67.2m 0.97 1.5m 68.7m including 19.3m 2.55 1.5m 20.8m with 1.7m 1.52 1.5m 3.2m plus 2.4m 16.90 10.5m 12.9m plus 0.5m 3.85 14.0m 14.5m and 11.6m 0.53 30.0m 41.6m including 1.5m 2.80 30.0m 31.5m including 6.3m 0.13 33.8m 40.1m plus 4.2m 0.93 56.0m 60.2m 9
  11. 11. Tekem Drilling Program Tekem resistivity (top) and chargeability (bottom) cross sections showing traces of holes TKD 001 - 007 relative to thecontoured geophysics. The cross section (4E) is looking to grid west or WSW . The structure appears to be trending to the lower left corner of the chargeability section from the surface ; associated with the shoulder of the chargeability 10
  12. 12. Tekem Drilling ProgramTekem cross section looking to the WSW showing the drill hole traces and TKD 003 & 004 high grade gold zone with coloured assays representing the various gold grades. 11
  13. 13. Tekem Drilling Program 12
  14. 14. Tekem Drilling ProgramProposed hole TKD 008 shows planned trace testing the conductivity anomaly ending up relatively to the top of the chargeability anomaly. 13
  15. 15. Mal Porphyry Copper DistrictThe aeromagnetics (TMI) clearly show the Mal District as a typical porphyry copper signature in thisenvironment with a strong positive on the northern side and a corresponding negative on the southern side. 14
  16. 16. QRL First To Drill Mal 15
  17. 17. Mal Geophysics Chute Tube 3 Mogul Half Bowl Pipe PlugThe 3D-IP contoured model shows chargeability (orange >30ms, red >40m and purple >50 ms), conductivity (grey) and resistivity(green) anomalies. This image looks from the bottom SE to the surface in the NW under an opaque Digital Elevation Model (DEM orDTM). The high intensity chargeability anomaly cores (red to purple) to the Pipe, Chute, Plug and some of the Half Bowl are readilyapparent and are open at depth and /or along strike.The grid is 1,200m wide and 2,700m long (area = 3.25 sqkm) and the 3D-IPmodel was generated to an average of >500m below surface level (deeper at the topographically higher N and S ends but notedas below the level of reliability). This plan looks from the bottom to an opaque Digital Elevation Model (DEM or DTM), where north is+Y, east is +X and up is +Z. 16
  18. 18. Mal Drilling ProgramInterpreted image of proposed drill holes over 3D-IP chargeability at 300m below topography. The image also shows the projected extension of the CSD1300H capable of drilling to 1000m in half bowl model. NQ is being mobilised to Mal 17
  19. 19. Exploration Summary Exploration Strategy Achievements / TimelineFocus is on advancing the Tekem Gold District for World Five short diamond drill holes have been completed to date andClass epithermal gold and porphyry copper-gold deposits via results from TKD 001 - 004 have been announced.an initial 5000m drilling program. TKD 005 are awaited. Drilling has commenced on hole 6 and 7 will follow. Hole TKD 008 will test the large conductivity anomaly to 400m.Aggressively explore for World Class porphyry copper-gold- Mal drilling has commenced to test the compelling drill targetssilver-molybdenum deposits at the Mal District. to a depth of ~800m with CSD1300H. Geophysical and geochemical programs were completed andDefine drilling targets at the Irak Porphyry Copper Prospect. excellent results announced. Geophysical and geochemical programs were completed andDefine drilling targets at the Giwi Porphyry Copper District. results are being complied.Establish road access to the Bismarck tenement by Landowner negotiations continue and stage 1 of the dozercompleting a track to Tekem (stage 1) and then to Irak and track has commenced to Tekem.Mal (stage 2). Two EL Applications in Milne Bay are pending ministerialBlue Sky: Additional geographic focus in PNG granting.via Exploration Licence Applications Mining Warden Hearings have been completed on New Britain Island applications. 18
  20. 20. Tekem Exploration Camp Tekem Landowner MeetingMt Hagen Logistics Base Road from Mt Hagen to Kompiam 19
  21. 21. QRL exploration geologist mapping trenches~20 tonnes of equipment has been mobilised into Mal 20 20 QRL engages local landowners to undertake basic field work
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