PAPUAN PRECIOUS METALS CORP.

Transcription

1 PAPUAN PRECIOUS METALS CORP. TSX.V PAU OTCQX PAUFF EXPLORING & ADVANCING COPPER - GOLD PORPHYRIES IN PAPUA NEW GUINEA The information contained in this presentation contains forward looking forecast information. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonably accurate by Papuan Precious Metals Corp (PPM) at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information provided herein and the variations may be material. Consequently there is no representation or warranty made by PPM or any of its officers and directors or employees that actual results achieved during the forecast period will be the same in whole or in part. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell.

2 New Guinea Sitting atop a unique part of the earth s crust EARTH S GEOID NEW GUINEA S Au-Cu PROSPECTIVITY 2

3 Why PNG? Land of giant resource developments Indonesia Simberi Kavieng Lihir Cu-Au Porphyry Deposits: Grasberg -Freeport, Rio Tinto- 2.8 Billion 1.09% Cu and 0.98 g/t Au Porgera Mt Sinivit Ok Tedi -PNG Govt., Inmet % Cu,1.10 g/t Au Grasberg Topographic Ok Tedi Ok Tedi Frieda Wafi-Golpu Papua New Guinea Australia Hidden Valley Tolokuma Port Moresby Lihir Wafi-Golpu - Harmony/Newcrest- 26.6m oz/au 9Mt Cu Frieda Lihir Gold Deposits: -Xstrata, Highlands- 1.9B tonnes 0.46% Cu, 0.22g/t Au -Newcrest- Purchased for $9.5b in Moz, 1.12 Moz Au in 2009 Simberi Porgera 17 Moz Au since 1990 Hidden Valley -Harmony/Newcrest Mt 1.82% Au Mt Sinivit Allied Gold g/t Au Barrick- Tolokuma 410k oz Au -New Guinea Gold- 0.81mt 5.05g/t -Petromin- 3

4 Why PPM? Previous Discoveries Notable discoveries in which Dr. Lindley was instrumental: Indonesia Grasberg Topographic Ok Tedi Porgera Papua New Guinea Australia Hidden Valley Port Moresby S i n i v i t Lihir Kavieng W a f i - G o l p u Nakru Nakru -Coppermoly/Barrick- Cu-Au porphyry in the Kulu-Awit Trend Barrick (PNG) Exploration Farm-in 0.92% Cu, 0.33 g/t Au from 74.45m depth Wafi-Golpu -Harmony/Newcrest- Epithermal (Wafi) Porphyry (Golpu) Mt Au-Cu >26 Moz Au, 9Mt Cu Grades between 0.7 and 1.1% Cu, 0.5 to 0.7 g/t Au Sinivit (put into production) -New Guinea Gold- Cu-Au-Te veins discovered in 83, mining lease granted in 1996 Assay results such as g/t) g/t Au First gold pour: July

5 Why PPM? Flagship Exploration Properties Simberi Indonesia Bewani Mountains New Hanover Kavieng Lihir Papua New Guinea Grasberg Ok Tedi Frieda Porgera Wafi-Golpu Waria River Nakru Sinivit Hidden Valley Simuku Tolukuma Port Moresby Topographic NEW HANOVER MT. SUCKLING WARIA RIVER BEWANI MOUNTAINS Australia Mt. Suckling Epithermal Au with recently identified porphyry Cu Porphyry Cu, Au / Hydrothermal Ni + PGE Porphyry Cu, Au, PGE Porphyry Cu, Au, (PGE, Ni) 5

6 New Hanover: Lihir-Tabar-Feni alkaline hosted gold mineralization belt New Hanover Kavieng SIMBERI g/t Au 1.49 Moz EL1566 PPM General younging of alkalic volcanism New Ireland Tabar Gp Lihir Gp LIHIR g/t Au 43 Moz Tanga Gp Nautilus - Solwara % Cu, 4.8g/t Au, 23g/t Ag, 0.4% Zn New Britain Mt Sinivit g/t Au Rabaul 6

7 New Hanover Prospects 2011 Work Program Not to scale Baungung Upper Vuemolong Gamagama Detailed trenching, mapping and sampling Metekavil Kuliuta Upper Ungat Upper Anas Elang Initial drill testing Metemana Upper Saula Ngamin Low level aeromagnetic and IP survey Lavongai 7

8 New Hanover Prospects Potential Cu-Au Porphyry Historically under-explored project in the Lihir-Tabar-Feni mineral belt covering 594 km 2 (230 mi 2 ) 10 geological-geochemical anomalies defined (incl Kuliuta & Metemana) Kuliuta - Recent trench results: 3.89 g/t Au (incl 6.54 g/t Au incl g/t Au) 3.58 g/t Au (incl 7.64 g/t incl g/t Au) 0.90 g/t Au (incl 9m of 1.56 g/t Au incl 3.05 g/t Au) Historic Kennecott (1989) drill intersections include 1.48g/t Au 8

9 New Hanover Project Excellent logistics and boat access from Kavieng Geochemical results of 1006 grid-based soil samples at Kuliuta have recently identified a 1400m x 600m anomalous zone with 5 samples >1.0 g/t Au, 211 samples (21%)>0.1g/t Au with results up to 5.92 g/t Au Recent (January 2010) discovery of breccia outcrops containing 9.67% Cu, indicative of porphyry potential, at Metemana Creek located 2.4 km from the coast 3160 line-km aero-magnetometer survey completed January, 2011 Drill target identified from trenching, airborne mag and ground 3D IP surveys - drilling commenced May 1 st, m drill program expanded to 5000m based on positive results 9

10 New Hanover Kuliuta Cu-Au Prospect: Gold in Soils 10

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12 Kuliuta Project Resistivity KUD08 12

13 Kuliuta Project 3D Inversion Model KUD08 13

14 Kuliuta Project Core Sample Visible Native Copper 14

15 Tectonic Setting of Mt Suckling Cu-Au Porphyry Prospects 15

16 PPM s Flagship Properties: Mt Suckling Porphyry Cu-Au Situated in New Guinea s Central Range on the Keveri Fault zone covering 360 km2 (139 mi2), a region by-passed by modern porphyry exploration Significant previously unidentified porphyry district localized along the Keveri Fault Zone recently confirmed 3 x large porphyries identified and 1 x Ni + PGE prospect Urua Creek (porphyry) Large 1.7km x 0.9km diatreme hosted porphyry target, analogous to Grasberg Trench results include 0.72% Cu and 0.97 g/t Au including 1.13% Cu, 2.03 g/t Au Gossan with up to 37 g/t Au Drilling to commence in the third quarter of 2011 Ioleu Creek (porphyry) Consists of 2 intensely argillised gabbroic intrusives: 1,000m x 500m Eastern zone, 1,500m x 5-600m Western zone High-grade (>1% Cu) float and soil sampling as high as 582 ppm Cu 16

17 PPM s Flagship Properties: Mt Suckling Porphyry Cu-Au Doriri Creek (Ni + PGE prospect) hydrothermal Ni-PGE with a strike length of 520+ m and a mineralized zone 10-15m wide avg., 1.3% Ni and 1-2 g/t PGE contains the highest known platinum metal grades (PGE) in PNG Gabbro hosted lode with encouraging Ni-Pd-Pt SE strike extent assayed > 1% Cu CSIRO report due June 2011 Drilling to commence late 2011 Araboro Creek (porphyry) nested circular feature in porphyry cluster that includes Ioleu & Urua Creek 1,000m x 900m diatreme breccia body (open to the east) rock float downstream of feature 1.3% Cu 17

18 Doriri Creek Hydrothermal Ni-PGE Prospect 18

19 Ioleu Creek Cu-Au Porphyry Prospect 19

20 PPM s Corporate Summary & Technical Team in PNG Shares outstanding: 69.3 million Market Capital: $ 34 million as at July 31, 2011 Treasury: $ 8.3 million as at July 31, 2011 Management Team: Board of Directors: Executive Advisory Board: Technical Team in PNG: Dev Randhawa MBA - Chairman & CEO Dr. David Lindley B.Sc, PhD, MAIG- President & COO Greg Downey - CMA - CFO Dr. Chris Cornelius B.Sc, PhD - Director Ross McElroy P.Geol. - Director Tony Kelly B.Juris, LLB, MBA Director Steven Khan MBA, CFA - Director Ron Netolitzky M.Sc Michael Halvorson B.Com Bernard Kavanamur M.Sc VP of Exploration John Kirakar Exploration Manager Richard Moore Senior Exploration Geologist Sandy Rava Logistics 20

21 Papuan Precious Metals Corp. Notes: 21

22 PAPUAN PRECIOUS METALS CORP. TSX.V PAU OTCQX PAUFF Contact Info: Dickson Ave Kelowna, BC V1Y 9Y2 Phone: