bau project the bau goldfield has multiple deposits ...bau project geological the bau goldfield...
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Bau ProjectGeological
The Bau goldfield has multiple deposits providing many mining
opportunities
Four main mineralisation styles recognized
• Disseminated sediment hosted (Carlin style) Jugan Hill, Kapor
• Silica replacement and breccias Young’s Hill, Bau Ridge
• Mangano-calcite +/- quartz veins (Taiton, Kapor)
• Porphyry hosted gold and skarn (Bau Ridge, part Young’s Hill)
Most deposits have elements of several styles
Definite “boiling” textures seen in intrusive at Young’s Hill puts part of system into epithermal environment – implications for depth potential
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Core Logging & Cutting• Refurbished core shed• Built core cutting area• Installed three additional core saws
Assay Lab & Sample Prep Setup• SGS – independent accredited lab• Fire assay for gold onsite• ICP - other 20 elements sent to Port Klang/KL• Available for other company operations• Royalty for non-company samples• Relocating Bong Mieu met lab to Bau
InfrastructureAssays and lab
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By sector - Feb 2012Resources
Sector Category Tonnes (t) Grade (g/t)Au Ounces Au
Jugan HillMeasured 3,425,000 1.44 158,500
Jugan Hill Indicated 10,259,000 1.52 500,600Jugan HillInferred 507,000 1.00 16,300
Young's HillIndicated 1,857,000 2.02 120,400
Young's HillInferred 10,638,000 1.53 524,100
TaitonIndicated 1,517,000 2.75 134,000
TaitonInferred 3,419,000 1.75 192,000
Bau Ridge Inferred 8,346,000 1.14 307,000Kapor Inferred 25,798,000 1.20 997,800
Fern Hill Inferred 1,354,000 1.63 70,900Measured 3,425,000 1.44 158,500
Indicated 13,633,000 1.72 755,000
Measured + Indicated 17,058,000 1.67 913,500
Inferred 50,062,000 1.31 2,108,100
Measured + Indicated + Inferred 67,120,000 1.40 3,021,600
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10
Young’s Hill
Jugan Hill
15km long 120 Sq Km 3Moz above 100m depth
In Feasibility
N
Bau Ridge
Fern Hill
Taiton
Kapor
Central Bau
Deposit Sectors
One Moon Champion
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Bau projectJugan Hill
• 659,100 oz Au M & I
• 2012 Target of + 1,000,000 oz Au
• Starts at surface, open all directions
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Jugan HillResource
N
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Resource & Extension
Bukit Sarin & Jugan Hill
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Legend
Ore wire-fame
Gold anomaly
N
500 m
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JUDDH 51 Section looking NEJugan hill
-200mRL
-100mRL
0mRL
JUDDH-0
4JU
DDH-18
JUDDH-2
3
JUDDH-3
5
102.4m
JNDDH03
JUDDH-16
JUDDH-4
5
82.2m
DDH1130
8
60m
DDH1131
2
82.5m
DDH1131
5
97m
DDH1131
3
72.8m
DDH1131
8
JUDDH-0
2
50m
60.85m
JUDDH-12
WDH1130
7
JUDDH-5
1
314.3m
JNRC29
JNRC30
JUDDH-10
JUDDH-11
123.46m
351.2m
JUDDH-0
4JU
DDH-18
JUDDH-2
3
JUDDH-3
5
102.4m
JNDDH03
JUDDH-16
JUDDH-4
5
82.2m
DDH1130
8
60m
DDH1131
2
82.5m
DDH1131
5
97m
DDH1131
3
72.8m
DDH1131
8
JUDDH-0
2
50m
60.85m
JUDDH-12
WDH1130
7
JUDDH-5
1
314.3m
JNRC29
JNRC30
JUDDH-10
JUDDH-11
123.46m
351.2m
Arsenopyrite % (NBG Drilling)
Au grade
Legend
Gold mineralisation
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NE 135 Section looking NEJugan hill
-300mRL
-200mRL
-100mRL
0mRL
MDH
09
DDH11339
DDH11345
JUDD
H-22
JUDD
H-24
JNRC31
MDH
11
MDH
08
JUDD
H-48
DDH11369
JUDD
H-26
JUDD
H-28
JUDD
H-58
35.67 m
44.5 m
40.58 m
70.2 m69.5 m
106.8 m
120 m
277.5 m260.4 m
190.6 m
330.3 m
230.8 m
416.1 m
304.3 m
MDH
09
DDH11339
DDH11345
JUDD
H-22
JUDD
H-24
JNRC31
MDH
11
MDH
08
JUDD
H-48
DDH11369
JUDD
H-26
JUDD
H-28
JUDD
H-58
35.67 m
44.5 m
40.58 m
70.2 m69.5 m
106.8 m
120 m
277.5 m260.4 m
190.6 m
330.3 m
230.8 m
416.1 m
304.3 m
Arsenopyrite % (NBG Drilling)
Au grade
Legend
Gold mineralisation
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Trend
Additional Mineralisation or Possible Resource
Extensions
Section A
Youngs Hill
Old mine pit
Old mine b
uildings
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Section A
Intrusive zones
Main jasperoid-calcitevein breccia zones
WDH
07
BYDD
H-16
BYDD
H-26
BYDD
H-15
BYDD
H-12
DDH102-61
DDH102-34
DDH102-32
BYDD
H-01
BYDD
H-02
BYWDH
-01
BYDD
H-25
Young’s Hill
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Bau projectProgramme 2012
• Progress & complete feasibility study - Jugan Hill & Young Hills
• Continue to upgrade current resource category (Inferred, Indicated and/or Measured) {±1.3Moz}
• Expand resources (all categories) {±3.5Moz}
• Increase exploration drilling of defined targets
• Exploration around Bau to expand existing and locate new deposits
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Bau project Current feasibility
Metallurgical testing
• SGS – flotation and associated testwork (Phase 1) and initial POX work
• Core Technologies – use flotation concentrate (½ of SGS concentrate) to test Albion
process
• Associated in-house tests (Jugan Hill & Young’s Hill) & relocation of met lab to Bau
• Additional drill holes (6) for Phase 2 test work completed
Mine Planning & Reserves – preliminary scoping study
Geotechnical – logging and preliminary modelling
Preliminary TSF and Dump Site Assessment – location options for
testwork
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Geology – Jugan Laser Ablation Work
Refractory Au concentrateson the rim of arsenian pyrite which could be profitably extracted
Arsenian pyrite also containshigh Cu, Pb & Bi. Which indicatespresence of magmatic source
Preliminary mineralogyJugan Hill
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Bau project Current feasibility
Metallurgical testing
• SGS – flotation and associated testwork (Phase 1) and initial POX work
• Core Technologies – use flotation concentrate (½ of SGS concentrate) to test Albion
process
• Associated in-house tests (Jugan Hill & Young’s Hill) & relocation of met lab to Bau
• Additional drill holes (6) for Phase 2 test work completed
Mine Planning & Reserves – preliminary scoping study
Geotechnical – logging and preliminary modelling
Preliminary TSF and Dump Site Assessment – location options for testwork
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Capcapo -Philippines
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North PhilippinesRegional map
0 100
kilometers
Structures
Capital city
Legend
Gold, CopperMine/Prospects
East
Luz
on
Tro
ughM
an
ila T
ren
ch
Philippine Fault
Santo Tomas
Manila
Baguio City
Baguio Mankayan District ~60 million Oz.
PHILIPPINES
Phil ippine
Sea
Teresa 1.3 million Oz. 5.29 g/t Au
Far-Southeast 9.2 million Oz 1.76 g/t Au, 0.81% Cu (1.8% Cu
Didipio 1.1+million Oz. 1.7 g/t Au, 0.65%
Capcapo Project
N
Santo Tomas 449 million tonnes 0.7 g/t Au, 0.38%
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CapcapoKey facts
• Capcapo is within a region of large-scale productive Cu-Au deposits
• Ore grade epithermal eruption breccia mineralization outcrops over 400 x 300m area
• Surface mineralization is related to a major epithermal eruption vent (East Knoll), which overlies a classic porphyry Cu-Au system
• Drilling indicates that mineralization remains open in all directions; extending beyond 180m below outcrop including;
• Deepest drill intercept ( 87m - 115m): 28m @ 3.06 g/t Au, 0.67% Cu, incl- 18m @ 4.43 g/t Au, 0.91% Cu
• Drill data reveals copper grades increasing with depth
• Major vent structure not yet drilled
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Property map
Overall Alteration Zone
Silicified-pyritized zone with Chalcopyrite. (hosts anomalous Cu stream sed samples and rock grab samples ranging from 0.2-0.9 g/t Au
Capcapo deposit areaRed= surface mineralizationYellow= Au soil anomalyBlue= Cu soil anomaly
??
Surface ShowingsSurface Exposure: 9,150m2 area @ 4.54 g/t Au
Capcapo MPSA Boundary (~4,000 hectares or 40 Km2)
KM0 2
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Deposit Capcapo
100
meters
0
Recent drillhole
Planned drillhole
Breccia
Road
Gold soil geochem Anomaly(+100 ppb)
Legend
N
Section 1
Sect
ion
2
EAST KNOLL??
??
07-9: 1.49 g/t Au, 0.31% Cu over 94m Inc. 2.65 g/t Au, 0.23% Cu over 43mand 3.66 g/t Au, 0.08% Cu over 27.74m
07-11: 1.53 g/t Au, 0.35% Cu over 47m and 2.55 g/t Au, 0.55% Cu over 27m Inc. 4.05 g/t Au, 0.78% Cu over 16m
07-12: 3.06 g/t Au, 0.67% Cu over 28mInc. 4.43 g/t Au, 0.91% Cu over 18m
07-10: 2.07 g/t Au, 0.60% Cu over 41minc. 3.33 g/t Au, 1.45% Cu over 6mand 4.02 g/t Au, 1.05% Cu over 10m
3.21 g/t Au (Breccia)
3.65 g/t Au (Breccia)
Inferred Epithermal Vent Structure
Gold soil anomaly
0.32 g/t Au (Breccia)
DDH07-12DDH07-11
DDH07-10
DDH07-09
DDH07-13
DDH07-14
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Section 1Deposit area
25
meters
0
25
DDH07-09
DDH07-011DDH07-012
West East
94m @ 1.49 g/t Au, 0.31% Cu
27.4 m @ 3.66 g/t Au, 0.08% Cu
43m @ 0.75 g/t Au, 0.53% Cu
16m @ 4.05 g/t Au, 0.78% Cu
18m @ 4.43 g/t Au, 0.91% Cu
47m @ 1.53g/t Au, 0.35% Cu, including 27m @ 2.55 g/t Au, 0.55%Cu
28m @ 3.06 g/t Au, 0.67% Cu.
Oxidized Breccia
Fault zone (sequence of gougy material and broken rock fragments)
HydrothermalBreccia
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Section 2Deposit area
25
meters
0
25
DDH07-013
DDH07-010DDH07-011
NorthCross Section of DDH07-10, 11 & 13 Looking West
SouthSurface samples up to 3.8 g/t Au (west of section)
Breccia
Breccia
Fault zone (sequence of gougy material
and broken rock fragments/sheared)
Chert
Altered Andesite
Altered Andesite
Altered Andesite
Breccia intruded by Andesite Dykes
Individual samples up to 29 g/t Ag, 0.7 g/t Au, 0.5% ZnRemaining Assays pending
3.33 g/t Au, 1.45% Cu over 6m
3.32 g/t Au, 0.72% Cu over 18m
1.53 g/t Au, 0.44% Cu over 58m
4.05 g/t Au, 0.78 % Cu over 16m
2.55 g/t Au, 0.55% Cu over 27m
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Olympus Pacific Minerals
• Established production record
• Excellent value compared to peers
• Proven mine building team
• Huge upside potential for Bau, Vietnam & the Philippines
• Phase 1 Feasibility for BAU 2014 - 2015. Projected minimum 10 year mine life
• Pipeline to production beyond 200,000 Ozs per annum
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Thank you.
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