This presentation contains historical and forward-looking statements. The forward looking statements involve risks and uncertainties particularly with respect to resources and development plans, political events and operational capabilities. Forward looking statements appearing in this presentation represent management’s current estimates and these may change significantly as new information comes to hand.
The information contained in this presentation has been obtained by
Mawson West from its own records and from other sources believed to be reliable, however no representation or warranty is made as to its accuracy or completeness.
The contents of this presentation are confidential, commercial in confidence and for the sole use of the potential investor it is provided to by the company or its adviser.
Business Focus
Other Australian projects
And JV’s
Country of Operation
Copper/Gold - Africa
Development & Exploration
Golden Mile South – 75-100% MWE
Paynes Find – Prosperity 75%-MWE diluting
Kiaby Well – Silver Swan earning 60%
Democratic Republic of Congo/Zambia
Directors
Shares on Issue
Non – Executive Chairman – Mark Stowell
Managing Director/CEO – David Frances
CFO – Glenn Zamudio
Non-Executive Director – Jonathan Asquith
Non-Executive Director – Anthony Lloyd
154,473,439
Cash and Receivables US$3.4 million
Kapulo
Mid West
Iron Ore
Golden Mile
South
Strategic Joint Venture with Anvil Mining (65%
MWE)
Approximately 5,500km² of contiguous tenure in
DRC and Zambia
Mawson West progressing towards maiden
JORC/43-101 resource.
•Govt Mining Review – No change to the Dikulushi Mining Convention
•New Mining Code (2003)
•First democratically elected government (2007)
•Major engagement by multilateral community:
• United Nations
• World Bank
• MIGA
• IFC
• International Monetary Fund
•Renewed bilateral engagement
•Engagement by international financial markets
•Engagement by political risk insurance agencies
•Increasing focus by international mining industry
DRC – Major Metallogenic, Mining & Exploration Activities
Known Reserves:
Mineral/Metal Reserve Quantity
Copper
Cobalt
75Mt
4.5Mt
Zinc
Iron ore
7Mt
1Bt
Tin
Lithium
Magnesium
Niobium
Gold
Diamonds
45Kt
31Mt
7Mt
30Mt
>28Moz
206M carats
Equateur
Bandundu
Bas-Congo Kinshasa
Gravity Diamonds
JV BHP Billiton
BRC Diamonds
JV BHP Billiton
SouthernEra (Diamonds)
Mbuji-Mayi
Angolan
Kimberlite Trend
Kasai
Oriental
Kasai
Occidental
Katanga
Oriental
Gold Fields (Au)
Kisenge
Nikanor (Cu-Co)
KOV
Katanga (Cu-Co)
Kamoto
Anvil (Cu-Co)
Mutoshi; Kinsevere
Freeport (Cu-Co)
Tenke Fungurume
Kipoi
Mwana Africa (Au)
N.Kivu
AngloGold (Au) [Resource: 1.2Moz]
Twangiza-Namoya Gold Belt:
Banro Corp (Au)
S.Kivu
[Resource: 10.8Moz]
Maniema
Mawson West (Cu)
Kapulo
Anvil Mining (Cu-Ag)
Dikulushi
Africo Res (Cu-Co)
Kalukundi
Metorex (Cu-Co)
Ruashi/Etoile
Lubumbashi
Central African Copper Belt:
Est. Reserves: 75Mt Cu; 4.5Mt Co
Tiger (Cu-Co)
Twangiza-Kilo-Moto Gold Belt:
Current Est. Resources: 28Moz
Kilo-Moto Gold Belt:
Historic Production 11Moz Au
TEAL(Cu-Co) Kalumines
Copper Resources
(Cu) Kinsenda
Source: RBC Capital Markets estimates
Located in the South East corner of DRC.
Anvil’s Dikulushi mine is 130km South West of Kapulo prospects.
Operated out of Congo and Zambia – 12km from Zambian border.
Project underpinned by
Maiden JORC-43/101 resource in progress at
Katanga and Safari North .
Currently drilling at Katanga and Safari North, both open ended and at depth .
Approximately 60km of strike on the mineralised Kapulo fault.
High-order copper geochemical anomalies along fault require trenching.
Numerous other copper & gold occurrences yet to be evaluated-000’s of km sq to be explored
53 diamond drill holes completed. Orebody comprises a south plunging high-grade copper shoot. Latest results:
45m @ 5.1% Cu incl. 30m@ 7.4%Cu
48m @ 4.4% Cu incl. 14m @ 11.1% Cu
64.4m @ 5.9% Cu incl. 40m @ 8.6% Cu
62m @ 4% Cu incl. 27m @ 8.3% Cu
Grades up to 40% Cu recorded.
0.5% COG Copper
Lode
HW
FW
Total
1%COG
Indicated
Tonnes Cu Ag
Mt % g/t
2.1 6.3 20
4.5 1.0 3
6.6 2.7 8
PRELIMINARY INTERIM RESOURCE
Inferred
Tonnes Cu Ag
Mt % g/t
0.2 6.2 25
1.3 0.8 5
1.5 1.6 8
Total
Tonnes Cu Ag Cu Ag
Mt % g/t t MOz
2.4 6.3 21 148,300 1.56
5.8 0.9 3 53,000 0.57
8.1 2.5 8 201,100 2.14
4.3 4.0 13 174,000 1.80
0.5% COG Copper
Indicated
Lode
PRELIMINARY INTERIM RESOURCE
Tonnes Cu Ag
Mt % g/t
Inferred
Tonnes Cu Ag
Mt % g/t
Total
Tonnes Cu Ag Cu Ag
Mt % g/t t MOz
HW
FW
Total
0.4 5.2 12
0.4 0.9 2
0.8 3.2 8
0.3 3.9 8
1.0 0.8 2
1.3 1.5 3
0.7 4.7 10 33,500 0.24
1.4 0.8 2 11,000 0.09
2.1 2.2 5 44,800 0.32
1%COG 1.0 3.7 8 37,000 0.26
25 Diamond drill holes completed.
Results to date very encouraging:
30m @ 4.3%Cu incl 18m @ 6.6%Cu
10m @ 5.2%Cu
34m @ 3.4%Cu incl 22m @ 4.9%Cu
High order geochem drill targets on the
60km mineralised Kapulo fault
Kapulo deposits open-ended and open at depth
Other stratabound and vein style Cu and gold occurrences within the project area
Potential for new targets to host very significant copper tonnes
Systematic metallurgical and geotechnical test work underway.
PFS results of metallurgical test work
Locked Cycle test:
34.4%Cu @ 93.2% Rec and 90g/t Ag @ 92% Rec
African Mining Consultants engaged for
Environmental and Social Impact Assessment.
Preliminary Pit Optimisation studies underway.
Investigating possible recommissioning of hydro powerstation at Piana Mwanga and other hydropower options.
Mawson West collaborating with Medicines Sans Frontiers –humanitarian and medical aid agency.
MSF are providing AIDS and health education for the workers & the local villagers.
As part of the JV with Anvil, Mawson will take part in social development programs in the region for community based projects.
Construction of mud brick accommodation is underway for employees at
Kapulo.
Mawson provided logistics for MSF in it’s vaccination campaign against measles for children aged between 6 months & 5 years.
Golden Mile South Project
The Golden Mile Superpit Looking South – Kalgoorlie, Western Australia
One of the premier precious and base metal endowed regions in the world >100Moz Au &
>4Mt Ni metal.
Extensive tenement package (112km²) with 75%-
100% ownership by Mawson West Ltd.
Only 4km SE of the Kalgoorlie Superpit and under explored.
Unparalleled infrastructure – several local operating mills, roads, railways, exploration services etc.
466.5km² JV TENURE
Paynes Find JV
(Prosperity Resources 75%)
Resource definition work
Kiaby Well JV
(Silver Swan earning 60%)
Recently granted – Gold/Iron ore project
Close proximity to Gindalbie’s Karara iron ore deposit and Mount Gibson’s
Extension Hill deposits
• Shares on issue 154,473,439
• Unlisted public company
•Cash and receivables US$3.4 million
• Experienced management with African expertise
• Rapidly advancing high-grade copper project
• Early production potential
• World class resource potential
• Good portfolio of high quality exploration projects
Kapulo
Mid West
Iron Ore
Golden Mile
South
David Frances – Managing Director & CEO
Telephone: +61 8 9321 9669
Fax:
Email:
+61 8 9481 2394 dfrances@mawsonwest.com.au