ADVANCED
HIGHLAND VALLEY
COPPER PROJECT
Getty Copper Inc.
1000 Austin Avenue
Coquitlam, British Columbia
Canada V3K 3P1
Te...
This presentation includes certain statements that may be deemed "forward-looking statements". All statements in this pres...
LOOKING NORTHWEST OVER THE HIGHLAND VALLEY MINING AREA
COMPANY STRATEGY
• Formed in 1993, Getty Copper Inc. is a
Canadian mineral exploration and
development company committed t...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
Filed with BCSC and SEDAR June 2010
NI 43-101 PRE FEASIB...
• Positive Independent NI 43-101 Pre-Feasibility Study Completed
• 420 Diamond Drill Holes Totaling 74,000 Meters (242,782...
• 8,761 Geochemical Samples Analyzed Over 296 Line
Kilometers (185 Miles)
• 296 Line Kilometers Geophysical IP Surveys
• 2...
• Good Potential For Increased Gold, Silver and Molybdenum By Product Credits
• Metallurgical Studies Completed Utilizing ...
GOOD POTENTIAL FOR INCREASED
GETTY COPPER EQUIVALENT ORE GRADE
Independent QP Mr. Todd Fayram Modeled the Potential Value ...
• Property Located in an Active Major Producing Mining District With Significant Well
Defined Copper Resources
• Over 80% ...
LOCATION & INFRASTRUCTURE • Proven Porphyry Copper & Molybdenum Project
• Located in the Highland Valley Approximately 330...
GETTY HAS SUBSTANTIAL RESOURCE GROWTH POTENTIAL
• Located in the Heart of Canada’s Proven
and Producing Copper District.
•...
LOCATION OF GETTY COPPER PROPERTY IN RELATION
TO TECK’S OPERATING HIGHLAND VALLEY COPPER MINE
EXPLORATION DEVELOPMENT SUMMARY TO DATE
GETTY NORTH DEPOSIT
• 302 Diamond Drill Holes Totalling 55,007Meters
(180,469 Feet...
• Dennis Milburn, CA, Geologist, President, Chairman of the Board, Director
• Donald R. Willoughby, FCA, CFO, VP Finance, ...
GETTY CAPITAL STRUCTURE
• Symbol: TSX.V: GTC
• Shares Issued: 108,427,205
• Options: 5,050,000
• Warrants: Nil
• Fully Dil...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
CIM Probable Mineral Reserves
(50% Getty South Ownership...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
CIM Indicated Resource Estimate
(50% Getty South Ownersh...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
Inferred Resource Estimate
(50% Getty South Ownership Wi...
LOOKING NORTH FROM TECK’S HIGHLAND VALLEY
COPPER MINE TOWARDS GETTY COPPER PROPERTY
• 49 Million Tonnes of Probable Reserves Averaging 0.40% Cu and 0.005% Mo
• 69 Million Tonnes of Indicated Resources Avera...
GETTY NORTH DEPOSIT MODEL
GETTY NORTH DEPOSIT MODEL WITH
INITIAL OUTLINE VIEW LOOKING SOUTHWEST
GETTY NORTH DEPOSIT MODEL ...
GETTY NORTH DEPOSIT CROSS SECTION 1360 SOUTHEAST
GETTY NORTH DEPOSIT SECTION 1360 SOUTHEAST
GETTY NORTH DEPOSIT SECTION 1390 SOUTHEAST
GETTY NORTH DEPOSIT SECTION 1450 EAST
(50% Ownership With Royalty Agreement In Place)
• 36 Million Tonnes of Probable Reserves Averaging 0.40% Cu
• 45 Million T...
GETTY SOUTH DEPOSIT TRENCHES
AERIAL VIEW
GROUND VIEW
GETTY SOUTH DEPOSIT TRENCHES
Porphyry Copper Project
Highland Valley, British Columbia, Canada
• 0.40 % Cu – 80 % Sulfide and 20 % Oxide Mineralogy
• P...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
• Industrial Nitrogen Species Catalyzed Concentrate Pres...
Porphyry Copper Project
Highland Valley, British Columbia, Canada
• By Product Sodium Sulfate
• CYTEC ACORGA Solvent Extra...
PROVEN INDUSTRIAL COPPER CATHODE &
MOLYBDENUM OXIDE PRODUCTION TECHNOLOGY
Porphyry Copper Project
Highland Valley, British Columbia, Canada
• 43-101 PFS CAPEX Estimate $ 385.2 M CDN
• 43-101 PFS O...
NI 43-101 PFS ECONOMIC SENSITIVITY ANALYSIS
Grade, OPEX and Cu Price Dominate Project NPV (5% Discount Rate Before Tax)
% OPEX OPEX NI 43-101 PFS NI 43-101 PFS
REDUCTION CDN/Tonne NPV NAV/Share
0.0 % $ 13.90 $ 144,997,907 CDN$ $ 1.42 CDN$
- 1...
O’Hara’s Published Illustrative Industrial Open Pit Mine Operating Cost Data Versus
Mining Rate Curve Economy of Scale - O...
The Proposed NI 43-101 PFS Getty Engineering Design Has An Extra 9,000 Annual Tonnes Of
Cathode Copper And 1,000 Annual To...
Design-Expert® Software
Original Scale
Mo Recovery, %
84.25
10.24
X1 = A: Grind Time
X2 = D: Temp
Actual Factors
B: Solids...
GOOD POTENTIAL FOR INCREASED
HIGHLAND VALLEY COPPER EQUIVALENT ORE GRADE
Bethlehem Mine 1963-1982 Production
96,324,510 To...
DEPTH POTENTIAL FOR INCREASED GETTY COPPER
EQUIVALENT GRADE AND RESOURCE TONNAGE
PLACER’S HISTORICAL DIAMOND DRILL PROGRAM...
POTENTIAL FOR INCREASED GETTY COPPER
EQUIVALENT GRADE AND RESOURCE TONNAGE
This is a historical estimate and while indicat...
Dr. Morris Beattie P. Eng concluded in his 1997 Independent Flotation Testing of a Composite
of the Getty North Deposit Sa...
Project Financial Sensitivity With Copper Price
LME Price Is $ 3.72 USD/lb Cu On 1/17/12
NI 43-101 PFS NI 43-101 PFS
Cu Pr...
• Copper price is a key economic driver A copper price of $ 2.99 USD/lb used in NI 43-
101 PFS economics.
• Grade of copp...
• Getty Highland Valley
Advanced Copper Project
superimposed satellite image
by Peter Walcott & Associates.
• This geophys...
GETTY GEOPHYSICAL SURVEYS
TITAN 24 QUANTEC GEOPHYSICAL SURVEY
TITAN 24 QUANTEC GEOPHYSICAL SURVEY
A Titan‐24 DC/IP and MT survey was conducted over the Getty Highland Valley Copper
Pro...
TITAN 24 QUANTEC GEOPHYSICAL SURVEY RESULTS
The QUANTEC survey was successful in identifying the Getty North, and South De...
TITAN 24 QUANTEC GEOPHYSICAL SURVEY RESULTS
• Getty West is a near surface (<300 m depth) feature of weak‐moderate chargea...
TITAN 24 QUANTEC GEOPHYSICAL SURVEY
HIGH PRIORITY TARGET SUMMARY
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
GETTY GEOPHYSICAL I.P. ANOMALIES
GETTY NORTH & GETTY SOUTH
DEPOSITS AND I.P. ANOMALIES
The Getty West Zone is located 1.4 km to the
southwest of the Getty North Deposit.
As a result of 13.5 line kilometers (8....
The next recommended phase of diamond
drilling will follow up on the porphyry copper
style mineralization intersected in d...
NORTH VALLEY ZONE I.P.
CHARGEABILITY ANOMALIES
• Consists of two large intense I.P. chargeability
anomalies.
• The Southwest anomaly measures 1,200m
(3,900 ft.) by 2,100...
The two large IP anomalies are shown as the
Glossie Zone which historical reports state
that in 1915, 19.8 tonnes (21.8 to...
ENVIRONMENTAL ASSESSMENT AND PERMITTING
• Environmentally friendly floatation concentrator with an oxide tailings leach pr...
• Land use plan: mining and other resource based industries permitted.
• Getty Property is in a large, existing active maj...
AN ADVANCED
HIGHLAND VALLEY
COPPER PROJECT IN
GLOBAL MARKET CONTEXT
1 Chile 3,356,600 38% of World Supply
2 Peru 1,107,789
3 China 940,000
4 Australia 833,000
5 United States 801,000
6 Russi...
BASE METALS PRICE TO COST CURVES…COPPER STANDS OUT
Source: LME, Macquarie Research, January 2012
Page 71
LME Copper prices...
ALL ABOUT CHINA IN COPPER
Source: ICSG, IMF, Macquarie Research, January 2012
Chinese and world copper demand in the
histo...
COPPER SUPPLY TIGHTNESS DRIVEN BY
A LACK OF CHINA SUPPLY RESPONSE
• CHINA CAN MEET ONLY ONE-THIRD OF ITS COPPER DEMAND (FR...
COPPER SUPPLY NEEDS TO GROW FASTER THAN DEMAND
INCREASES DUE TO DEPLETIONS AT EXISTING OPERATIONS
10
15
20
25
30
35
2010 2...
GLOBAL COPPER MINE OUTPUT CONTINUES
TO FALL SHORT OF EXPECTATIONS…
-1.5
-1.0
-0.5
0
2007 2008 2009 2010 2011
mtonnescopper...
ANALYSIS OF CHILEAN COPPER MINE PRODUCTION
RUNNING HARDER TO STAND STILL…
Chilean copper mine production, 2000-2011E
0
100...
HEAD GRADES ARE
FALLING IN MOST METALS
FALLING GRADES REFLECT AN END OF TEMPORARY HIGH-GRADING,
LOWER-QUALITY ORE DEPOSITS...
LEFT CHART: ROBIN BAHR, CREDIT AGRICOLE, GLOBAL COPPER MARKET TRENDS 2011-12 FOR THE ICSG ENVIRONMENTAL & ECONOMIC COMMITT...
GLOBAL COPPER PROJECT CONSIDERATIONS
GLOBAL COPPER PROJECT CONSIDERATIONS
GLOBAL COPPER PROJECT CONSIDERATIONS
Canada Has Very
Low Political Risk
GLOBAL COPPER PROJECT CONSIDERATIONS
1. OPEN PIT MINABLE ADVANCED DEPOSIT WITH GOOD RESOURCES AND POSSIBLE BY-PRODUCT
CREDITS COULD INCREASE POTENTIAL
2. CLEAN...
CIBC WORLD MARKETS US/CANADA
EARLY STAGE OPEN PIT COPPER PROJECTS
CIBC WORLD MARKETS US/CANADA
EARLY STAGE OPEN PIT COPPER PROJECTS ARE CIRCLED THAT HAVE BOTH
AN NI 43-101 COMPLIANT PRE FE...
• PROPERTY LOCATED IN AN ACTIVE MAJOR PRODUCING MINING DISTRICT WITH SIGNIFICANT WELL
DEFINED COPPER RESOURCES
• OVER 80% ...
ADVANCED
HIGHLAND VALLEY
COPPER PROJECT
Getty Copper Inc.
1000 Austin Avenue
Coquitlam, British Columbia
Canada V3K 3P1
Te...
Getty Copper Powerpoint Presentation  June 16, 2016
Getty Copper Powerpoint Presentation  June 16, 2016
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Getty Copper Powerpoint Presentation June 16, 2016

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Getty Copper Powerpoint Presentation June 16, 2016

  1. 1. ADVANCED HIGHLAND VALLEY COPPER PROJECT Getty Copper Inc. 1000 Austin Avenue Coquitlam, British Columbia Canada V3K 3P1 Tel: (604) 931-3231 Fax: (604) 931-2814 E-mail: getty@telus.net JUNE 19, 2015
  2. 2. This presentation includes certain statements that may be deemed "forward-looking statements". All statements in this presentation, other than statements of historical facts, especially those that address the need for definitive agreements to be negotiated and executed, and estimated resource quantities, grades are forward-looking statements because they are based on future events or made on the basis of estimation from limited information such as a fixed number of number of drill holes and metallurgical studies. The Company does not have reserves for US reporting standards and the estimate of reserves for Canadian reporting purposes is conjectural being based only on a pre-feasibility study which uses broadly defined cost and production estimates. The study is available at www.sedar.com. Although diamond drill hole core provides valuable information about the size, shape and geology of an exploration project, there will always remain a significant degree of uncertainty in connection with these valuation factors until a deposit has been extensively drilled on closely spaced centers which has occurred only in specific areas on the Getty Project. Although the Company believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of the ultimate size, quality or commercial feasibility of the Getty Project or of the Company's future performance. Subsequent results and developments may differ materially from those postulated in the estimates and forward-looking statements. Other factors that could cause the Company's actual results and performance to differ materially from those in forward-looking statements include adverse market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and metal recovery rates and the fact that necessary capital may not be available to the Company on terms acceptable to it or at all. The need for compliance with extensive environmental and socio-economic rules and practices and the requirement for the Company to obtain government permitting can cause a delay or even abandonment of a mineral project. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information on the Company, Investors should review the Company's annual Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this presentation. Note to U.S. Investors concerning estimates of Measured and Indicated Resources. This section uses the terms “measured” and “indicated resources”. We caution U.S. investors that while those terms are recognized and required by Canadian Securities Administrators pursuant to National Instrument 43-101, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. Note to U.S. Investors concerning estimates of Inferred Resources. This section uses the term “inferred resources”. We caution U.S. investors that while this term is recognized and required by Canadian Securities Administrators pursuant to National Instrument 43-101, the U.S. Securities and Exchange Commission does not recognize it. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian Securities Administration rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies. U.S. investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally minable. LEGAL DISCLAIMER
  3. 3. LOOKING NORTHWEST OVER THE HIGHLAND VALLEY MINING AREA
  4. 4. COMPANY STRATEGY • Formed in 1993, Getty Copper Inc. is a Canadian mineral exploration and development company committed to increasing shareholder value by continued exploration and development of it’s 104 square mile Highland Valley property. • Getty Copper’s main objective is to place in production its Highland Valley open-pittable porphyry copper and molybdenum deposits. • In addition to advancing the Highland Valley Project, Getty Copper Inc. is also continually evaluating other mineral exploration and development projects in Canada and worldwide.
  5. 5. Porphyry Copper Project Highland Valley, British Columbia, Canada Filed with BCSC and SEDAR June 2010 NI 43-101 PRE FEASIBILITY STUDY Dr. Corby Anderson, QP CEng FIMMM FIChemE A qualified person as determined by NI 43-101 and the President of Getty Copper Inc. has reviewed and approved the scientific and technical information in the presentation.
  6. 6. • Positive Independent NI 43-101 Pre-Feasibility Study Completed • 420 Diamond Drill Holes Totaling 74,000 Meters (242,782 Feet) on Getty North and South Deposits Combined • Large Property – 269 Square Kilometers (104 Square Miles) • Recent TITAN 24 QUANTEC Geophysical Survey Completed Confirming Deposits and Noting High Priority Exploration Targets • $ 23 Million CDN in Financings to Date • 23 Square Kilometers of Geological Mapping • Prominent Geophysical Anomalies Found in Getty West Zone, Glossie Zone, North Valley Zone and East Zone ADVANCED HIGHLAND VALLEY PROJECT HIGHLIGHTS
  7. 7. • 8,761 Geochemical Samples Analyzed Over 296 Line Kilometers (185 Miles) • 296 Line Kilometers Geophysical IP Surveys • 227 Line Kilometers (142 Miles) Geophysical Magnetometer Surveys • 1572 Meters (5158 Feet) of Surface Trenching on Getty South Deposit • 45 Meter (150 Feet) Deep, 2 Compartment Development Shaft Sunk in Getty South Deposit • 1768 Meters (5,800 Feet) of Underground Development in the Getty South Deposit ADVANCED HIGHLAND VALLEY PROJECT HIGHLIGHTS
  8. 8. • Good Potential For Increased Gold, Silver and Molybdenum By Product Credits • Metallurgical Studies Completed Utilizing Industrially Proven Concentrate Flotation and Hydrometallurgical Concentrate Treatment Technologies • NI 43-101 PFS Engineering Design Incorporates Extra Capacity For Production of Copper Cathode and Molybdenum Trioxide From Treatment of Outside Custom Concentrates • Initial Environmental Studies Completed • Hydrometric Study Completed on Streams and Creeks ADVANCED HIGHLAND VALLEY PROJECT HIGHLIGHTS
  9. 9. GOOD POTENTIAL FOR INCREASED GETTY COPPER EQUIVALENT ORE GRADE Independent QP Mr. Todd Fayram Modeled the Potential Value of the Additional Gold, Silver, and Molybdenum By-products Over the Current Projected Getty PFS Mine Life of 17 Years. For Example, Based On A Prior Study , The Concentrate Grade May Amount To The Potential Recovery Of Approximately 7,200 Ounces Per Annum Of Gold And 86,000 Ounces Of Silver Per Annum, But Further Work Needs To Be Carried Out To Confirm These Possible Figures. In Addition, A Historical Diamond Drill Hole Program And Study By Canex / Placer Development Limited Determined That, “ The Overall Average MoS2 Percentage In The Rock Mass is 0.0338%. The Silver Content Averages Approximately 0.18 Oz/Ton.”
  10. 10. • Property Located in an Active Major Producing Mining District With Significant Well Defined Copper Resources • Over 80% of the Combined Indicated Resources are Classified as Probable Reserves • Property is Large and has Many Clearly Delineated IP Anomalies and Exploration Target Resource and Reserve Expansion Potentials. • Located in a Politically Stable Region With Extensive Infrastructure Energy and Transportation Available • Utilizes Industrially Proven Metallurgical Technology With Additional Custom Designed Concentrate Treatment Capacity. AN ADVANCED HIGHLAND VALLEY COPPER PROJECT ! GETTY ADVANCED COPPER PROJECT SUMMARY
  11. 11. LOCATION & INFRASTRUCTURE • Proven Porphyry Copper & Molybdenum Project • Located in the Highland Valley Approximately 330km (205 miles) Northeast of Vancouver, B.C., Canada • Getty’s Property is Adjacent to Canada’s Largest Producing Base Metal Copper Mine. Teck’s Highland Valley Copper Project has 637 Million Tonnes of Reserves Grading 0.29% Copper and 0.008% Molybdenum, as Per Teck’s Website on December 31, 2011. • Excellent Infrastructure And Politically Stable Location • Water, Power, Gas, Modern Highways with Rail and Air in Kamloops • Sea Port of Vancouver Close By; 5th Largest in North America • Operating Mining District With Trained Workforce
  12. 12. GETTY HAS SUBSTANTIAL RESOURCE GROWTH POTENTIAL • Located in the Heart of Canada’s Proven and Producing Copper District. • Probable Reserves Confirmed Under Pre- Feasibility Study (PFS) With Immediate Upside Potential in Both the Getty North and Getty South Deposits. • Substantial IP Anomalies Confirmed in North Valley Zone, Getty West Zone, Bose Hill East Zone and Glossie Zone.
  13. 13. LOCATION OF GETTY COPPER PROPERTY IN RELATION TO TECK’S OPERATING HIGHLAND VALLEY COPPER MINE
  14. 14. EXPLORATION DEVELOPMENT SUMMARY TO DATE GETTY NORTH DEPOSIT • 302 Diamond Drill Holes Totalling 55,007Meters (180,469 Feet) of drilling. • Diamond Drill Holes to Depths of 462 Meters (1516 Feet) and 369 Meters (1211 Feet) Were Stopped in Mineralization. • 23 km (14 miles) Induced Polarization Survey (I.P.) and 16 Km of Geochemical Survey. • Titan 24 QUANTEC DCIP Survey Completed • Preliminary Pit Design by Placer Developments and in NI 43-101 PFS. GETTY SOUTH DEPOSIT (50% Ownership With In Place Royalty Agreement) • 45 Meter (150 Feet) Deep, 2 Compartment Development Shaft. • 1768 Meters (5,800 feet) Underground Development. • 118 Diamond Drill Holes Totalling 19,003 Meters (62,345 Feet) of Drilling. • 114 Kilometers (71 Miles) of IP Surveys. • 1572 Meters (5,158 Feet) of Surface Trenching Confirming Copper Mineralization. • 20 Km (12 Miles) of Geochemical Soil Sampling • Titan 24 QUANTEC DCIP Survey Completed • Preliminary Pit Design in 43-101 PFS.
  15. 15. • Dennis Milburn, CA, Geologist, President, Chairman of the Board, Director • Donald R. Willoughby, FCA, CFO, VP Finance, Director • John B. Lepinski, Managing Director, CEO, COO, Director • Dr. Joseph Montgomery, Director • Edward Robinson, Director • Thomas Hamaoka, Director • Bernhard Zinkhofer, CA, LL.B, Co-counsel MANAGEMENT & DIRECTORS
  16. 16. GETTY CAPITAL STRUCTURE • Symbol: TSX.V: GTC • Shares Issued: 108,427,205 • Options: 5,050,000 • Warrants: Nil • Fully Diluted Shares: 113,477,205
  17. 17. Porphyry Copper Project Highland Valley, British Columbia, Canada CIM Probable Mineral Reserves (50% Getty South Ownership With In Place Royalty Agreement) Probable Reserves Grade Deposit (Millions of Tonnes) Cu, % Mo, % North 49.691 0.397 0.005 South 36.870 0.405 TBD Total 86.561 0.400 --- Approximately 760,000,000 Pounds of Copper Reserves! GETTY COPPER’S RESERVES
  18. 18. Porphyry Copper Project Highland Valley, British Columbia, Canada CIM Indicated Resource Estimate (50% Getty South Ownership With In Place Royalty Agreement) Indicated Resources Grade Deposit (Millions of Tonnes) Cu, % Mo, % North 69.258 0.370 0.005 South 45.148 0.377 TBD Total 114.406 0.373 --- Approximately 940,000,000 Pounds of Indicated Copper Resources ! (Over 75% of Indicated Copper Resources are Probable Reserves) INDICATED RESOURCES
  19. 19. Porphyry Copper Project Highland Valley, British Columbia, Canada Inferred Resource Estimate (50% Getty South Ownership With In Place Royalty Agreement) Inferred Resources Grade Deposit (Millions of Tonnes) Cu, % Mo, % North 18.166 0.271 0.005 South 23.593 0.278 TBD Total 41.759 0.275 --- Approximately 250,000,000 Pounds of Inferred Copper Resources ! INFERRED RESOURCES
  20. 20. LOOKING NORTH FROM TECK’S HIGHLAND VALLEY COPPER MINE TOWARDS GETTY COPPER PROPERTY
  21. 21. • 49 Million Tonnes of Probable Reserves Averaging 0.40% Cu and 0.005% Mo • 69 Million Tonnes of Indicated Resources Averaging 0.37% Cu • 18 Million Tonnes of Inferred Resources Averaging 0.27% Cu • 23 Km (14 Miles) Induced Polarization Survey (I.P.) and 16 Km of Geochemical Survey • 302 Drill Holes Totaling 55,007 M (180,469 Ft) • Titan 24 Quantec DCIP and MT Survey • Detailed Geological Mapping of Deposit and Surrounding Areas • Computerized Resource Estimation and Projected Initial Pit Design GETTY NORTH DEPOSIT
  22. 22. GETTY NORTH DEPOSIT MODEL GETTY NORTH DEPOSIT MODEL WITH INITIAL OUTLINE VIEW LOOKING SOUTHWEST GETTY NORTH DEPOSIT MODEL WITH INITIAL OUTLINE VIEW LOOKING SOUTH GETTY NORTH DEPOSIT
  23. 23. GETTY NORTH DEPOSIT CROSS SECTION 1360 SOUTHEAST
  24. 24. GETTY NORTH DEPOSIT SECTION 1360 SOUTHEAST
  25. 25. GETTY NORTH DEPOSIT SECTION 1390 SOUTHEAST
  26. 26. GETTY NORTH DEPOSIT SECTION 1450 EAST
  27. 27. (50% Ownership With Royalty Agreement In Place) • 36 Million Tonnes of Probable Reserves Averaging 0.40% Cu • 45 Million Tonnes of Indicated Resources Averaging 0.38% Cu • 23.5 Million Tonnes of Inferred Resources Averaging 0.28% Cu • 118 Drill Holes Totaling 19,003 M (62,345 Ft) • Titan 24 Quantec DCIP Survey • 19 Km (12 Miles ) of I.P. and 13 Km (8 Miles) of Magnetometer Surveys • 20 Km (12 Miles) of Geochemical Soil Sampling • 1572 M (5,158 Ft) of Surface Trenching, Outlined Extensive Copper Mineralization • 45 M (150 Ft) Deep, 2 Compartment Development Shaft Sunk • 1768 M (5,800 Ft) of Underground Development GETTY SOUTH DEPOSIT
  28. 28. GETTY SOUTH DEPOSIT TRENCHES AERIAL VIEW GROUND VIEW
  29. 29. GETTY SOUTH DEPOSIT TRENCHES
  30. 30. Porphyry Copper Project Highland Valley, British Columbia, Canada • 0.40 % Cu – 80 % Sulfide and 20 % Oxide Mineralogy • Potential By-Products Mo, Au, Ag, and Sodium Sulfate • 5 M Tonnes Ore Mined Per Annum For A 17 Year Project Life • Open Pit Mine With 2.6 to 1 Stripping Ratio • Bulk Cu/Mo Sulfide Flotation and Oxide Tailings Agitated Leach • Getty Metallurgy is Analogous to and Based on the ASARCO Pima Mill, First Quantum Kansanshi Mill and BHP Billiton Olympic Dam Mill Industrial Operations NI 43-101 PRE FEASIBILITY STUDY
  31. 31. Porphyry Copper Project Highland Valley, British Columbia, Canada • Industrial Nitrogen Species Catalyzed Concentrate Pressure Oxidation Leach With Copper SX/EW Plant • Industrial Copper Oxide Flotation Tailings Agitated Sulfuric Acid Leach • 30,000 Tonnes Per Annum Copper Cathode Metal Design Production Capacity • 1,125 Tonnes High Purity MoO3 Per Annum Design Production Capacity • Potential By-Product Silver Via AgCl Precipitation • Potential By-Product Gold Via Non Cyanide Alkaline Sulfide Hydrometallurgy NI 43-101 PRE FEASIBILITY STUDY HYDROMETALLURGY
  32. 32. Porphyry Copper Project Highland Valley, British Columbia, Canada • By Product Sodium Sulfate • CYTEC ACORGA Solvent Extraction & EW • Electrodialysis Bipolar Membrane Salt Splitting for Caustic and Sulfuric Acid Internal Plant Reagent Generation • EcoTec APU Sulfuric Acid Recovery System • Selective Molybdenum Recovery With Activated Carbon or Ion Exchange Analogous to the Climax Molybdenum Colorado Industrial Plant NI 43-101 PRE FEASIBILITY STUDY HYDROMETALLURGY
  33. 33. PROVEN INDUSTRIAL COPPER CATHODE & MOLYBDENUM OXIDE PRODUCTION TECHNOLOGY
  34. 34. Porphyry Copper Project Highland Valley, British Columbia, Canada • 43-101 PFS CAPEX Estimate $ 385.2 M CDN • 43-101 PFS OPEX $ 13.90 CDN per Tonne of Ore Mined and Processed to Copper Metal and Molybdenum Trioxide • 43 101 PFS Pre Tax NPV = $ 145 M CDN @ 5% Discount and$ 2.99 USD/lb Cu price: IRR of 10.85 % (Without Cu and Mo Custom Concentrates or Potential Precious Metals Credits Included) NI 43-101 PRE FEASIBILITY STUDY ECONOMICS
  35. 35. NI 43-101 PFS ECONOMIC SENSITIVITY ANALYSIS Grade, OPEX and Cu Price Dominate Project NPV (5% Discount Rate Before Tax)
  36. 36. % OPEX OPEX NI 43-101 PFS NI 43-101 PFS REDUCTION CDN/Tonne NPV NAV/Share 0.0 % $ 13.90 $ 144,997,907 CDN$ $ 1.42 CDN$ - 10.0 % $ 12.51 $ 232,484,203 CDN$ $ 2.28 CDN$ - 20.0 % $ 11.12 $ 320,240,945 CDN$ $ 3.14 CDN$ - 30.0 % $ 9.73 $ 412,912,444 CDN$ $ 4.05 CDN$ (43-101 PFS NPV at a 5% discount rate before tax) (and without full Mo, Au and Ag credits) NI 43-101 PFS ECONOMIC SENSITIVITY ANALYSIS Project Financial Sensitivity With Operating Cost Can Be Readily Lowered With Increased Production Rates
  37. 37. O’Hara’s Published Illustrative Industrial Open Pit Mine Operating Cost Data Versus Mining Rate Curve Economy of Scale - OPEX Drops 20 to 50 % By Raising Production From 15,000 Tonnes Per Day to 30,000 Tonnes Per Day. This Is An Example Only And Does Not Necessarily Apply To Any Particular Project. INDUSTRIAL ECONOMY OF SCALE POSITIVE EFFECT ON OPEX
  38. 38. The Proposed NI 43-101 PFS Getty Engineering Design Has An Extra 9,000 Annual Tonnes Of Cathode Copper And 1,000 Annual Tonnes Of Molybdenum Trioxide Hydrometallurgical Plant Capacity Available. Assuming A Conservative 15% Smelting Return On Custom Concentrate Treatment And Using $2.99USD/Lb. Cu And $15.00 USD/Lb. MoO3 Prices This Represents About An Additional $13.5 M CDN Of Potential Annual Getty Profit (And Not Including Any Of The Contained Au And Ag Custom Concentrate Credits). This Possibly Lowers Opex Nearly 20% By About $2.70 CDN Per Tonne To About $11.20 CDN Per Tonne And Raises The NI 43-101 PFS NPV By Approximately $180M. $320 M CDN. CUSTOM CONCENTRATE TREATMENT POSITIVE EFFECT ON OPEX
  39. 39. Design-Expert® Software Original Scale Mo Recovery, % 84.25 10.24 X1 = A: Grind Time X2 = D: Temp Actual Factors B: Solids = 10 C: Initial Acidity = 25.00 E: Reaction Time = 90 0.00 2.50 5.00 7.50 10.00 130.00 135.00 140.00 145.00 150.00 12.0 32.0 52.0 72.0 92.0 MoRecovery,% A: Grind Time D: Temp Design-Expert® Software Original Scale Re Recovery, % 87.92 0 X1 = E: Reaction Time X2 = B: Solids Actual Factors A: Grind Time = 10.00 C: Initial Acidity = 75.00 D: Temp = 150.00 30.00 45.00 60.00 75.00 90.00 10.00 20.00 30.00 40.00 50.00 26.00 41.50 57.00 72.50 88.00 ReRecovery,% E: Reaction TimeB: Solids Design-Expert® Software Original Scale Cu Recovery, % 97.85 22.6 X1 = E: Reaction Time X2 = D: Temp Actual Factors A: Grind Time = 10 B: Solids = 10 C: Initial Acidity = 25 30 45 60 75 90 130 135 140 145 150 32.0 49.5 67.0 84.5 102.0 CuRecovery,% E: Reaction TimeD: Temp Outside Custom Concentrate NSC POX Hydrometallurgical Confirmatory Testing Custom Concentrate Grade Mo, % Cu, % Re, % Fe, % TS, % 34.2 4.3 0.181 3.78 24.3 Optimized Copper Recovery Optimized Rhenium RecoveryOptimized Molybdenum Recovery EXAMPLE OF CUSTOM CONCENTRATE TREATMENT POSITIVE EFFECT ON OPEX
  40. 40. GOOD POTENTIAL FOR INCREASED HIGHLAND VALLEY COPPER EQUIVALENT ORE GRADE Bethlehem Mine 1963-1982 Production 96,324,510 Tonnes of ore mined producing; 398,112 Tonnes (877,687,923 lbs.) of Copper 99,827 Kgs (3,209,509 tr oz.) of Silver 1,280 Kgs (41,148 tr oz.) of Gold 851 Tonnes (1,876,239 lbs.) of Molybdenum The adjacent Bethlehem Mine, in production from 1963 until 1982, annually produced about 5 million tonnes of ore (i.e. Getty’s NI 43-101 PFS mining rate) containing 1.04 g/T Ag, 0.013 g/T Au, 0.009% Mo and 0.41% Cu per tonne. This is evidence of the known occurrence, quantity and recoverability of additional by-product revenue metals currently present in Highland Valley Copper’s ores.
  41. 41. DEPTH POTENTIAL FOR INCREASED GETTY COPPER EQUIVALENT GRADE AND RESOURCE TONNAGE PLACER’S HISTORICAL DIAMOND DRILL PROGRAM DETERMINED THAT THE BY PRODUCT MOLYBDENUM AND SILVER WERE REPORTED AS FOLLOWS IN THE GETTY NORTH DEPOSIT “THE OVERALL AVERAGE MoS2 PERCENTAGE IN THE ROCK MASS IS 0.0338%. THE SILVER CONTENT AVERAGES APPROXIMATELY 0.18 oz./TON.”
  42. 42. POTENTIAL FOR INCREASED GETTY COPPER EQUIVALENT GRADE AND RESOURCE TONNAGE This is a historical estimate and while indicative of the presence of mineralization of potential value, a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the issuer is not treating the historical estimate as current mineral resources or mineral reserves Historically, in 1965, CANEX (Placer Development Limited) diamond drilled the Getty North Deposit to a depth of 1516 feet. The Placer diamond drill program confirmed good copper mineralization and calculated an arithmetic average from all the composite assays of an additional 0.18 Troy oz/Ton Ag and 0.0338% MoS2 values. That led to their historical estimate of an 0.7% to 0.9 % Copper Equivalent grade of 20 to 60 million tons of estimated sulfide resource along with an equal or greater amount of heap leachable resources in what is now the Getty North Deposit.
  43. 43. Dr. Morris Beattie P. Eng concluded in his 1997 Independent Flotation Testing of a Composite of the Getty North Deposit Samples, produced a Very Good Recovery of Copper Bulk Concentrates that Assayed With Individual Grades as High as: 39.0 % Copper 2.97 g/T Gold 57.80 g/T Silver 0.982 % Molybdenum This is Evidence of the Occurrence, Possible Quantity and Recoverability of These Additional By-product Revenue Metals Currently Present in the Getty ores. None of This Potential Additional Revenue is Accounted for in the Current NI 43-101 Pre Feasibility Study. GOOD POTENTIAL FOR INCREASED GETTY COPPER EQUIVALENT ORE GRADE
  44. 44. Project Financial Sensitivity With Copper Price LME Price Is $ 3.72 USD/lb Cu On 1/17/12 NI 43-101 PFS NI 43-101 PFS Cu Price, USD/lb NPV NAV/Share $ 2.99 $ 144,997,907 CDN$ $ 1.42 CDN$ $ 3.29 $ 272,070,211 CDN$ $ 2.67 CDN$ $ 3.59 $ 390,266,658 CDN$ $ 3.83 CDN$ $ 3.89 $ 520,903,086 CDN$ $ 5.11 CDN$ $ 4.19 $ 645,000,000 CDN$ $ 6.33 CDN$ (43-101 PFS NPV at a 5% discount rate before tax) (And without Mo, Au and Ag potential by-product credits.) NI 43-101 PFS ECONOMIC SENSITIVITY ANALYSIS .
  45. 45. • Copper price is a key economic driver A copper price of $ 2.99 USD/lb used in NI 43- 101 PFS economics. • Grade of copper and molybdenum is a key economic driver and potential gold and silver by-product credits would have the effect of increasing a copper equivalent grade. Possible custom concentrate treatment may also assist in project optimization • Operating cost per tonne is a key economic driver  Potentially Raising mine production from 15 K tonnes ore per day along with custom concentrate treatment potentially lowers operating cost per O’Hara’s independently published copper cost curves. PROJECT ECONOMIC OPTIMZATION SUMMARY
  46. 46. • Getty Highland Valley Advanced Copper Project superimposed satellite image by Peter Walcott & Associates. • This geophysical and resource data update now denotes a large Eastern anomaly between the Getty North and Getty South deposits. • The known Getty West anomaly is also depicted. SUBSTANTIAL RESOURCE GROWTH POTENTIAL
  47. 47. GETTY GEOPHYSICAL SURVEYS
  48. 48. TITAN 24 QUANTEC GEOPHYSICAL SURVEY
  49. 49. TITAN 24 QUANTEC GEOPHYSICAL SURVEY A Titan‐24 DC/IP and MT survey was conducted over the Getty Highland Valley Copper Project, British Columbia, Canada on Getty Copper Inc. between November 20th and December 13th of 2010. In total 12 lines of data were collected (23.2 line‐km DC/IP and 19.2 km MT) with a station spacing of 100 m. The survey geometry for the DC/IP component was a pole‐dipole geometry. The line spacing was 250 m and the lines were located in a staggered fashion over three known deposits: Getty North, Getty West and Getty South. The objectives of this survey were to further delineate the geophysical signatures of the Getty North, Getty West and Getty South deposits and identify potential other features of interest.
  50. 50. TITAN 24 QUANTEC GEOPHYSICAL SURVEY RESULTS The QUANTEC survey was successful in identifying the Getty North, and South Deposits as well as the Getty West Zone whereby the overall data quality was high. Summarizing the results of this survey the following conclusions can be drawn: • Resistivity distribution (DC & MT) show a succession of curved, sub‐horizontal conductive features and South‐Southwest‐North‐Northeast faulting trend. • Chargeability signature is fairly weak except for the known deposits and appears to be related to the interpreted faulting. • Getty North is likely composed of two centers, where the western center extends further northeast in a similar azimuth as the interpreted faults. Resistivity is moderate‐low.
  51. 51. TITAN 24 QUANTEC GEOPHYSICAL SURVEY RESULTS • Getty West is a near surface (<300 m depth) feature of weak‐moderate chargeability & moderate‐low resistivity. • Getty South deposit anomaly is a low resistivity, weak‐moderate chargeability feature extending to approx. 350 m below the surface. • In total thirty‐nine (39) geophysical anomalies were identified, of which twelve (12) are classified as high priority. • Sixteen (16) anomalies fall in the medium priority classification and eleven (11) are labeled as low priority.
  52. 52. TITAN 24 QUANTEC GEOPHYSICAL SURVEY HIGH PRIORITY TARGET SUMMARY
  53. 53. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  54. 54. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  55. 55. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  56. 56. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  57. 57. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  58. 58. TITAN 24 QUANTEC GEOPHYSICAL SURVEY IMAGES
  59. 59. GETTY GEOPHYSICAL I.P. ANOMALIES
  60. 60. GETTY NORTH & GETTY SOUTH DEPOSITS AND I.P. ANOMALIES
  61. 61. The Getty West Zone is located 1.4 km to the southwest of the Getty North Deposit. As a result of 13.5 line kilometers (8.4 miles) of I.P. and magnetometer surveying, a large, 1 kilometer wide I.P. chargeability anomaly was outlined on the Getty West Zone, which appears to be striking toward the Getty North Deposit. A Titan 24 Quantec Geophysical Survey was completed including the Getty West Zone in December 2010. GETTY WEST ZONE ANOMALY
  62. 62. The next recommended phase of diamond drilling will follow up on the porphyry copper style mineralization intersected in discovery diamond drill hole GL96-08, which yielded 42 meters (138 ft.) grading 0.26% Cu with .02% Mo., including 16 meters (53 ft.) grading 0.42% Cu and 0.025% Mo. This follow up diamond drilling may possibly indicate another Highland Valley type porphyry copper, molybdenum, gold and silver deposit in the Getty West Zone or that it is a possible extension of the Getty North Deposit. GETTY WEST ZONE ANOMALY
  63. 63. NORTH VALLEY ZONE I.P. CHARGEABILITY ANOMALIES
  64. 64. • Consists of two large intense I.P. chargeability anomalies. • The Southwest anomaly measures 1,200m (3,900 ft.) by 2,100 m (6,900 ft.) occurs in an area of favorable geology of Highland Valley phase , Guichon granodiorite intruded by Bethlehem phase porphyritic granodiorite. • The large Northwest anomaly measures 2,600m (8,500 ft.) by 3,000m (9,800 ft.) NORTH VALLEY ZONE I.P. ANOMALIES
  65. 65. The two large IP anomalies are shown as the Glossie Zone which historical reports state that in 1915, 19.8 tonnes (21.8 tons) of hand-selected ore from two shafts was shipped to the Tacoma smelter. Assay returns on that ore were 0.94 grams per tonne (0.03 ounce per ton) gold; 86.25 grams per tonne (2.76 ounces per ton) silver; and 12.62 per cent copper. GLOSSIE ZONE ANOMALIES
  66. 66. ENVIRONMENTAL ASSESSMENT AND PERMITTING • Environmentally friendly floatation concentrator with an oxide tailings leach process • NSC bulk flotation concentrate pressure leaching and agitated vat leaching of flotation tailings with SX-EW processing is utilized to produce 99.99% pure copper cathodes and molybdenum trioxide. These closed circuit hydrometallurgical processes are environmentally friendly. • Consultation meetings held with the First Nations, the City of Kamloops, the communities of Ashcroft, Merritt and Logan Lake • Large active mining area adjacent to Teck’s Highland Valley Copper Ltd. • Active clear cut logging on the property • No salmon rivers, streams or lakes • Adjacent to both the Highland Valley Copper Mine infrastructure and Bethlehem Copper mine site
  67. 67. • Land use plan: mining and other resource based industries permitted. • Getty Property is in a large, existing active major mining area. • Extensive clear-cut logging on the property. • Hydrometric Studies completed on streams and creeks. • Environmental base line study, completed by Gartner Lee Ltd. • No salmon rivers or lakes on the property. • Adjacent to the Valley, Lornex and Bethlehem Copper tailings ponds and mine sites. ENVIRONMENTAL CONSIDERATIONS
  68. 68. AN ADVANCED HIGHLAND VALLEY COPPER PROJECT IN GLOBAL MARKET CONTEXT
  69. 69. 1 Chile 3,356,600 38% of World Supply 2 Peru 1,107,789 3 China 940,000 4 Australia 833,000 5 United States 801,000 6 Russian Federation 750,000 7 Indonesia 632,600 8 Canada 606,999 9 Poland 429,000 10 Kazakhstan 420,000 11 Zambia 383,000 12 Islamic Republic Of Iran 241,000 13 Brazil 206,000 14 The Democratic Republic Of Congo 189,000 15 Mexico 172,093 WORLD MINE PRODUCTION, BY COUNTRY (METRIC TONNES) United States Geological Survey (USGS) Minerals Resources Program, 2008
  70. 70. BASE METALS PRICE TO COST CURVES…COPPER STANDS OUT Source: LME, Macquarie Research, January 2012 Page 71 LME Copper prices and cash costs - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 $/tonnecopper 90th percentile LME cash LME Aluminium prices and cash costs 1,000 1,500 2,000 2,500 3,000 3,500 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 $/tonnealuminium 90th percentile LME cash LME nickel prices and cash costs 0 10000 20000 30000 40000 50000 60000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 $/tonnenickel 90th percentile LME cash LME zinc prices and cash costs 0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 $/tonnezinc 90th percentile LME cash MACQUARIE CAPITAL (EUROPE) LIMITED
  71. 71. ALL ABOUT CHINA IN COPPER Source: ICSG, IMF, Macquarie Research, January 2012 Chinese and world copper demand in the historical context 0 2500 5000 7500 10000 12500 15000 17500 20000 1900 1905 1910 1915 1920 1925 1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 '000tcopper China World Ex-China World Copper consumption per person 0.0 1.0 2.0 3.0 4.0 5.0 6.0 1950 1954 1958 1962 1966 1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 kgcopper/capita China World ex-China World average MACQUARIE CAPITAL (EUROPE) LIMITED
  72. 72. COPPER SUPPLY TIGHTNESS DRIVEN BY A LACK OF CHINA SUPPLY RESPONSE • CHINA CAN MEET ONLY ONE-THIRD OF ITS COPPER DEMAND (FROM CONCENTRATE AND SCRAP). • NON-CHINESE PRODUCTION HAS NOT RESPONDED TO PRICE INCENTIVE OVER PAST SIX YEARS. Change in global copper mine supply and average LME price 3.8% 2.6% -0.9% 0.7% 7.3% 1.8% 1.4% 2.8% 1.3% 1.7% 1.3% 0.6% -2% -1% 0% 1% 2% 3% 4% 5% 6% 7% 8% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011f minesupply:%changeyoy 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 LMEprice:$/tonne % change YoY (mine supply) LME cash price Source: Antaike, ICSG, Brook Hunt, LME, Macquarie Research, January 2012 Chinese domestic copper supply and demand 0 1000 2000 3000 4000 5000 6000 7000 8000 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 '000tcontainedCu Domestic mine production and scrap generation Consumed
  73. 73. COPPER SUPPLY NEEDS TO GROW FASTER THAN DEMAND INCREASES DUE TO DEPLETIONS AT EXISTING OPERATIONS 10 15 20 25 30 35 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 RecoverableMineCopper-Mt Base Case Mine Production Highly Prob. & Prob. Brow nfield Projects Highly Probable Greenfield Probable Greenfield Projects Other identified Projects Demand for Mine Production Source: Brook Hunt – A Woodmac Company, Macquarie Research, January 2012 MACQUARIE CAPITAL (EUROPE) LIMITED
  74. 74. GLOBAL COPPER MINE OUTPUT CONTINUES TO FALL SHORT OF EXPECTATIONS… -1.5 -1.0 -0.5 0 2007 2008 2009 2010 2011 mtonnescoppercontained -9% -6% -3% 0% %ofglobalmineoutput LHS: volume terms RHS: proportional terms Source: CRU, Wood Mackenzie, Macquarie Research, January 2012 SHORTFALL IN GLOBAL MINE OUTPUT COMPARED WITH FORECASTS MADE ONE YEAR PREVIOUSLY Page 75 MACQUARIE CAPITAL (EUROPE) LIMITED
  75. 75. ANALYSIS OF CHILEAN COPPER MINE PRODUCTION RUNNING HARDER TO STAND STILL… Chilean copper mine production, 2000-2011E 0 1000 2000 3000 4000 5000 6000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Copper(kt) Capacity That Existed in 2000 Brownfield expansions carried out since 2000 New Mines added since 2000 Highly Probable Projects Probable Projects Possible Projects Actual EXISTING CHILEAN MINES WILL LOSE ANOTHER 1MTPA OF PRODUCTION BETWEEN NOW AND 2020 DUE TO RESERVE AND GRADE DEPLETION Source: WoodMac, Macquarie Research, January 2012 mt copper 2004-11 2004 2011E Change Capacity that existed in 2000 4.77 3.80 -0.97 Brownfield expansions 0 0.80 0.80 Greenfield expansions 0 0.70 0.70 Actual production - total 4.77 5.30 0.53 MACQUARIE CAPITAL (EUROPE) LIMITED
  76. 76. HEAD GRADES ARE FALLING IN MOST METALS FALLING GRADES REFLECT AN END OF TEMPORARY HIGH-GRADING, LOWER-QUALITY ORE DEPOSITS AND RESERVE DEPLETIONS AT BETTER ORE BODIES. SOURCE: BROOK HUNT – A WOOD MACKENZIE COMPANY, DERIVED FROM DEMENC DATA, MACQUARIE RESEARCH, JANUARY 2012. Average head grade at copper mines 0.90 0.95 1.00 1.05 1.10 1.15 1.20 1.25 1.30 1.35 2000 2005 2010 2105F 2020F 2025F %copper Cu Average head grade at lead and zinc mines 5.0 5.2 5.4 5.6 5.8 6.0 6.2 6.4 6.6 6.8 7.0 2000 2005 2010 2105F2020F2025F %zinc 1.5 1.7 1.9 2.1 2.3 2.5 2.7 2.9 %lead Zinc (LHS) Lead (RHS) Average grade of nickel saprolite ore mined in New Caledonia 2.2% 2.3% 2.4% 2.5% 2.6% 2.7% 2.8% 2.9% 3.0% 200020012002200320042005200620072008200920102011 %Ni(dry)12MMA
  77. 77. LEFT CHART: ROBIN BAHR, CREDIT AGRICOLE, GLOBAL COPPER MARKET TRENDS 2011-12 FOR THE ICSG ENVIRONMENTAL & ECONOMIC COMMITTEE MEETING, 14TH APRIL 2011 ESCONDIDA & GRASBERG DATA FROM RIO TINTO OPERATION REVIEWS Q4 2002-10 GLOBAL AVERAGE COPPER MINE HEAD GRADE, 1978-2018 1.00% 1.50% 2.00% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Escondida (Concs) 0.75% 1.00% 1.25% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Grasberg Average global grade decline: ~0.015% /year~0.15%/decade Average decline: ~0.05% /year Average decline: ~0.017% /year
  78. 78. GLOBAL COPPER PROJECT CONSIDERATIONS
  79. 79. GLOBAL COPPER PROJECT CONSIDERATIONS
  80. 80. GLOBAL COPPER PROJECT CONSIDERATIONS
  81. 81. Canada Has Very Low Political Risk GLOBAL COPPER PROJECT CONSIDERATIONS
  82. 82. 1. OPEN PIT MINABLE ADVANCED DEPOSIT WITH GOOD RESOURCES AND POSSIBLE BY-PRODUCT CREDITS COULD INCREASE POTENTIAL 2. CLEAN DEPOSIT MINERALOGY (E.G. PRIMARY ARSENIC MINERALIZATION ABSENT) 3. NI 43-101 PRE FEASIBILITY STUDY ALREADY COMPLETED WITH A HIGH PERCENTAGE OF PROBABLE RESERVES ESTABLISHED FROM MEASURED & INDICATED RESOURCES 4. FAVORABLE NORTH AMERICAN LOCATION DESIRED WITH ESTABLISHED LOCAL MINING 5. LOCAL ABUNDANT AVAILABLE WATER, ENERGY, INFRASTRUCTURE AND TRANSPORTATION 6. PROJECT IS WELL DEVELOPED AND COMPANY IS POSSIBLY UNDERVALUED WITH NO MAJOR PARTNER YET ACTIVELY INVOLVED PROPOSED GLOBAL COPPER PROJECT INVESTMENT CHOICE CRITERIA
  83. 83. CIBC WORLD MARKETS US/CANADA EARLY STAGE OPEN PIT COPPER PROJECTS
  84. 84. CIBC WORLD MARKETS US/CANADA EARLY STAGE OPEN PIT COPPER PROJECTS ARE CIRCLED THAT HAVE BOTH AN NI 43-101 COMPLIANT PRE FEASIBILITY STUDY AND PROBABLE RESERVES
  85. 85. • PROPERTY LOCATED IN AN ACTIVE MAJOR PRODUCING MINING DISTRICT WITH SIGNIFICANT WELL DEFINED COPPER RESOURCES • OVER 80% OF THE COMBINED INDICATED RESOURCES ARE CLASSIFIED AS CIM PROBABLE RESERVES • LARGE PROPERTY WITH MANY CLEARLY DELINEATED IP ANOMALIES AND EXPLORATION TARGET RESOURCE AND RESERVE EXPANSION POTENTIALS. • LOCATED IN A POLITICALLY STABLE REGION WITH EXTENSIVE INFRASTRUCTURE ENERGY AND TRANSPORTATION AVAILABLE • UTILIZES INDUSTRIALLY PROVEN METALLURGICAL TECHNOLOGY WITH ADDITIONAL CUSTOM CONCENTRATE TREATMENT CAPACITY DESIGNED IN GETTY ADVANCED COPPER PROJECT SUMMARY AN ADVANCED HIGHLAND VALLEY COPPER PROJECT !
  86. 86. ADVANCED HIGHLAND VALLEY COPPER PROJECT Getty Copper Inc. 1000 Austin Avenue Coquitlam, British Columbia Canada V3K 3P1 Tel: (604) 931-3231 Fax: (604) 931-2814 E-mail: getty@telus.net JUNE 16, 2016

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