31st January 2012
drilling determination discovery
Quintessential Resources Ltd
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 or
sale 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
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: 10.8.11
ORDINARY SHARES: 30,000,000
IN ESCROW (24 months): 10,000,000
UNLISTED OPTIONS: 12,000,000
CASH 31/12/11 : $1.991M
MARKET CAP @ $0.23 : $9.2M
RANGE: $0.18 - $0.32
TOP 20: 52.05%
DIRECTORS HOLD: 37.40%
Experienced Management Team
Management 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
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.
Tekem Gold Deposit
A distinct NW oriented magnetic low is obvious through the Tekem Gold District.
“Lows” represent intense hydrothermal activity and possible mineralised zones.
Tekem Gold Resource
JORC COMPLIANT INFERRED RESOURCE
Cut off Grade Tonnes Grade Approx Total
(g/t Au) (g/t Au) Ounces Gold
Zone 1 0.5 526,000 1.52 25,700
1 350,000 1.93 21,700
Zone 2 0.5 272,000 1.79 15,650
1 187,000 2.28 13,700
0.5 798,000 1.61 41,400
Total 1 536,000 2.05 35,400
HOLE 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
Plus 0.7m 2.86 35.1m 35.8m
Plus 2.2m 7.30 43.2m 45.4m
HOLE NUMBER INTERCEPT
TKD 002 LENGTH GOLD GRADE (g/t) FROM TO
Entire Hole 75.1m 0.57 0.0m 75.1m
Including 13.1m 1.02 8.1m 21.2m
Plus 3.1m 2.96 9.1m 12.2m
Plus 2.1m 8.10 63.5m 65.6m
Plus 1.1m 0.90 74 75.1
Tekem Drilling Program
Tekem resistivity (top) and chargeability (bottom) cross sections showing traces of holes 1, 2 and 3 relative to the contoured
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 – apparently associated with the shoulder of the chargeability
Tekem Drilling Program
Tekem cross section looking to the WSW showing the drill hole traces and higher grade gold
zone with coloured assays representing the various gold grades.
Tekem Drilling Program
Proposed hole TKD 006 shows planned trace testing the conductivity anomaly ending up relatively to the top
of the chargeability anomaly.
Mal Porphyry Copper District
The aeromagnetics (TMI) clearly show the Mal District as a typical porphyry copper signature in this
environment with a strong positive on the northern side and a corresponding negative on the southern side.
The 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 or
DTM). The high intensity chargeability anomaly cores (red to purple) to the Pipe, Chute, Plug and some of the Half Bowl are readily
apparent 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-IP
model was generated to an average of >500m below surface level (deeper at the topographically higher N and S ends but noted
as 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.
Mal Drilling Program
Interpreted image of proposed drill holes over 3D-IP chargeability at 300m
below topography. The image also shows the projected extension of the DSC1300C capable of drilling to 1000m in
half bowl model. NQ is being mobilised to Mal
Exploration Strategy Achievements / Timeline
Focus is on advancing the Tekem Gold District for World Five short diamond drill holes have been completed to date.
Class epithermal gold and porphyry copper-gold deposits via Hole TKD 006 will test the large conductivity anomaly to 400m.
an initial 5000m drilling program. TKD 003 & 004 at laboratory, TKD 005 to be flown from
Aggressively explore for World Class porphyry copper-gold- 3D-IP defined excellent drill targets at Mal which will be tested
silver-molybdenum deposits at the Mal District. forthwith to a depth of ~800m with DSC1300C.
Define drilling targets at the Giwi Porphyry Copper District. Geophysical and geochemical programs were completed and
results are being complied.
Define drilling targets at the Irak Porphyry Copper Prospect. Geophysical and geochemical programs were completed and
Establish road access to the Bismarck tenement by Landowner negotiations continue and stage 1 of the dozer
completing 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 ministerial
Blue Sky: Additional geographic focus in PNG granting.
via Exploration Licence Applications Mining Warden Hearings have been completed on New Britain
Tekem Exploration Camp Tekem Landowner Meeting
Mt Hagen Logistics Base Road from Mt Hagen to Kompiam