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Keveri Copper Rich Porphyry Project Papua New Guinea Fall 2019 1 High grade copper float from Waki Prospect, 3.88% Cu New Cu-Au discovery at Keveri Project

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Page 1: High grade copper float from WakiProspect, 3.88% …goldenbirchresources.ca/wp-content/uploads/2019/09/GBRX...2019/09/25  · High grade copper float from WakiProspect, 3.88% Cu New

Keveri Copper Rich Porphyry Project Papua New Guinea

Fall 20191

High grade copper float from Waki Prospect, 3.88% CuNew Cu-Au discovery at Keveri Project

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Forward Looking Statement & Disclaimer

§ Certain information set forth in this presentation may contain forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Corporation’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of theCorporation’s control. The Corporation’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

§ Any forward-looking statement made by us in this Presentation is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, the Corporation undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

§ The Presentation Materials are not intended to provide financial, tax, legal or accounting advice and do not purport to contain all the information that a prospective investor may require. Each prospective investor should perform and rely on its own investigation and analysis of the Corporation and the terms of any offering of the Securities, including the merits and risksinvolved, and are advised to seek their own professional advice on the legal, financial and taxation consequences of making an investment in the Corporation. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumption and each recipient should satisfy itself in relation to such matters. The Securities are highly speculative.

§ No securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon the Presentation Materials, and any representation to the contrary is an offence. Neither the Corporation nor any agent of the Corporation makesany representation or warranty, express or implied, and assumes no responsibility for the accuracy or completeness of the information contained in the Presentation Materials or any other oral or written communication transmitted to prospective investors, and nothing contained in this summary is, or shall be relied upon as, a promise or representation by the Corporation or any agent of the Corporation as to the past or future performance of the Corporation.

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Golden Birch Resources at a Glance

§ Option agreement with Papuan Minerals Pty Ltd to acquire 85% of Papuan Minerals Ltd that owns 100% of Keveri Project (“Keveri”), Papua New Guinea (PNG). Keveri consists of 2 Exploration Licenses, EL 2391 & 2560.

§ Keveri is located SE along the New Guinea Mobile Belt, a regional geologic trend in PNG, highly prospective for large, rich, porphyry copper-gold deposits, ”elephant country”.

§ As at June 30 $2.04m, 64m shares issued, fully diluted 70.3m shares

§ Exploration advances existing targets at Omu & Daru, with new discoveries at Waki & Everi

§ Planned 3rd financing Sept/Oct and listing 15 cents per share Oct 2019, Toronto, Canada§ Experienced management team with clearly defined path to create material shareholder value

§ Competitive advantage, large tenement package, planned access road from nearby Doma village (20km) plus strong relationship with local community

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Directors and Management

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Alan Martin HBSc - President, CEO & Managing Director, Sydney, Australia

§ Geologist, 20+yrs investment markets, mining analyst/portfolio manager Westpac, Colonial First State Investment Management and Insurance Australia Group, Solgold CEO/MD 2013-2015, early stage discovery, Ecuador, Honours Bachelor of Geology, Lakehead University, Thunderbay, ON. Alan holds a diploma in Applied Finance and Investment Analysis from SIA.

Iain Martin MSc. - Executive Director, and Secretary, Timmins, ON, Canada

§ MSc Mining Engineering, Queen’s University, +20 years experience Investment Advisor, RBC Wealth Management, founder and CEO/director of 5SD Capital 2016-2018

David Drinkwater – Chair, Toronto, ON, Canada

§ Currently director of Transalta Renewables, 30+ yrs, Executive positions with Rothschild Canada, Nortel, Ontario Power Generation, Masters in Laws, LSE and Bachelor of Law Dalhousie University, Business Admin University of Western Ontario

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Directors and Management

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Andrew Morris MBA – Director, Brisbane, Australia

§ Also serves as Director of Papuan Minerals Pty, Ltd, assists foreign and domestic companies with trade and investment opportunities across Australia’s resources and energy sectors. Served as Regional CEO of Applus Velosi, bachelor degrees from Australian National University in Economics, Commerce and Law, Masters degree in Strategic Studies, and MBA University of Queensland.

Dr. David Lindley – Director, New South Wales, Australia

§ +40 yrs geological experience PNG, director of Papuan Minerals Pty Ltd, long-established network of connections PNG exploration industry, past VP Exploration of New Guinea Gold Corporation, also founder and CEO/director of Papuan Precious Metals Corp 2007-2012. Ph.D. in geology University of New South Wales 1982, geological work in the Keveri-Mt. Suckling area spans +30 years.

Paul Rokeby CPA, CA.- Chief Financial Officer, and Treasurer, Timmins, ON, Canada

§ Partner of MNP, exploration companies experience and general accounting practices – 30 years

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Technical TeamLeopher Dagdag - Senior Geologist, resides in Philippines§ +15 yrs experience as an Exploration Geologist

§ senior geologist for Anglo American from 2012 to 2018 on Porphyry Cu-Au projects in Irian Jaya & PNG (Star Mtns Cu Porphyry deposit from 2015-2018), Tujuh Bukit Porphyry Cu-Au deposit for Intrepid Mines from 2011 - 2012

Yaeti Gaegae - Field Geologist, Port Moresby, PNG§ +15 yrs experience PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Mark Hill – Senior Geological Consultant, Perth, Australia§ +15 yrs experience across gold and base metal projects in

Australia & PNG

§ Director & shareholder Papuan Minerals Pty Ltd

Richard Moore – Field Geologist, Port Moresby, PNG§ +12 yrs experience PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Eugene (Eu) Atase – Field Geologist, Port Moresby, PNG§ +10 yrs experience as PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits & terrains

Franson Peter – Field Geologist, Port Moresby, PNG§ +10 yrs experience as PNG National Geologist with a variety of

exploration experience including Porphyry Cu-Au deposits

Christine Sorom – Senior GIS specialist, PNG§ +7 yrs experience in PNG, specializing in GIS database

management (MapInfo/Discover)

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Advisors

W. John Armstrong—National Manager, KPMG, Toronto, Canada

§ National Industry Leader, Financial Services, KPMG Canada based in Toronto. Strategic consultant for Monitor Company and management consulting across all industries for Accenture Canada.

Jean Roy - Timmins, ON Canada

§ Former business advisor to “Pelangio Larder Mines” in the acquisition of a major interest in the multi-million oz Detour Lake gold deposit, former advisor Richfield Ventures Blackwater gold deposit discovery, BC, Canada.

Ian Daymond LLB- Sydney, Australia

§ Extensive legal/commercial experience with junior and major ASX listed companies (Delta Gold & WMC Ltd

Robert Middleton - Thunder Bay, ON, Canada

§ Geophysicist, VP Rosario Resources during discovery of Bell Creek gold deposit Timmins, VP Exploration Rainy Mountain Resources

Dr. Alistair Cowden - Perth, Western Australia

§ Key geologist in Delta Gold’s discovery team for some of Australia’s major gold mines, later focus on junior exploration start-ups

§ Last deal Copper Mountain’s (CMMC.TO) acquisition of Altona Mining (AOH.ASX) which earned London Mines & Money Small & Mid--Cap Deal of Year Award 2014.

George Pirie – Timmins, ON Canada

§ Past President & CEO Placer Dome Canada, corporate and board experience for past 35 years in Canadian Mineral Industry, currently Mayor of Timmins, Ontario, Canada

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Corporate Structure, Ownership & Financings 2018-2019

Shares Outstanding – 64M | Options – 6.25M | Fully Diluted – 70.3M | Cash - $2.043M June 30, 2019

§ 216 shareholders, insiders 19%, friendly investors 71% § 1st Financing Sept-Oct 2018 --- $1.31M ($0.051/share)

Option deal agreement in place, initiated mapping, rock sampling, soil geochemistry on Omu target, relationship building with local communities

§ 2nd Financing Mar-June 2019 ---$2.856M ($0.10/share)Advanced exploration on Omu and Daru/Araboro targets, new target identified at Waki, completed IP Survey on Omu, draft NI 43-101, preparation for Listing

§ 3rd Financing/Listing planned Sept/Oct 2019 CSE ---target $3-5M (share price 15 cents per share)

Post listing; complete access road to Keveri site, continue exploration work on Waki & Everi, define drill targets, 3000m drill program 1Q20

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Why PNG? Land of Giant Resource Developments

Proven World Class Region§ Numerous world class copper

& gold deposits in the NW-SE New Guinea Mobile Belt (NGMFB)

§ Wafi–Golpu is the most recent world-class discovery in PNG

§ Much of PNG remains under-explored

§ High probability remains for discovering new world-class economic deposits

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KeveriProject

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Satellite view of Regional geology

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Keveri - Prospect and Target areas § Focused on Omu, Waki,

Everi & Daru prospectswhich are all believed tohave large porphyrycopper mineralizationpotential.

§ Intersection of DimidiTrend & parallel NNEstructures and the KeveriFault represent idealstructural zones forlocalizing porphyrycopper-gold deposits.

§ Other prospective areasUrua, Ioleu and Araboro.

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Summary of Exploration

§ Omu:§ Large porphyry Cu-Au target as evidenced by: large soil anomalies coincident with alteration zones

identified from geological mapping, rock outcrop sampling and IP chargeability anomalies§ Waki:

§ Prospecting identified outcropping Cu mineralization in altered intrusive rocks, coincident with a 1kmx1km airborne magnetic anomaly

§ Initiated geologic mapping and wide spaced soil sampling

§ Daru:§ Copper-in-soil footprint 500mx200m anomaly associated with circular /? Intrusive bodies§ High grade copper in float samples within target area§ Geologic mapping of intrusive rocks with classic porphyry alteration features

§ Everi:§ Possible new Cu +-Au? discovery north of Waki Prospect, early prospecting has identified Cu

mineralisation and strong chlorite/epidote/sericite/silica alteration in outcrop

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Omu Main Target Exploration

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Sheeted Cu-rich veins in float sample, Omu Creek

Alan Martin, Pres & CEO inspecting mineralized float in Omu NE area

Wanu’s Float, Omu Creek RF18100806

6.88%Cu, 0.052 g/t Au

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Omu – Exploration Update

§ Detailed exploration work completed to-date:§ Exploration covered an area of 1.5 km x 1.5 kms§ Geologic mapping & prospecting§ Collection of soil samples on 100m x 100m grid§ IP survey completed, 25 lines over 100m spacing

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Omu – high grade outcrop and floatKen’s Outcrop, ROC181008075.88% Cu, 0.13 g/t Au, 8 g/t Ag Mo

Omu Creek Float, RF 18100910

5.52% Cu, 0.12 g/t Au

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Ada Creek Float, 1067063.49% Cu, 0.02 g/t Au, 8 ppm Mo

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Omu – soils & IP Survey Data

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OMU – coincident datasets define large drill target

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Omu IP Chargeability Targets

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Chargeability anomaly as seen below the E-W Omu creek (centre of survey) and main Fault displayed here at depths -50m to -350m ( extent of survey) shows a significant body dipping to the south. This becomes the basis of our drill program.

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Omu IP – near surface targets

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• IP survey defines at least 2 distinct chargeability targets at Omu Prospect

• This section viewed at 120m below surface

• Omu Central, is approximately 800m long by 300-400m wide

• Omu NE is 300-500m long by 200-300 m wide

• Both targets have coincident copper in soil anomalies and copper mineralization in outcrop

Omu NE

OmuCentral

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Omu IP – targets shown to -335m

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• Both Omu Central and Omu NE maintain their chargeability amplitude at depth & beyond

• Both are open at depth to at least 335m vertical below surface

• IP survey limits between 300 and 400m depth

• Omu Central anomaly widens at depth and dips moderately to the south

• Omu NE appears to remain vertical

Omu NE

Omu Central

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§ Early prospecting and rock sampling§ Detailed geologic mapping§ Grid based soil sampling over

100mx100m

Daru/Araboro – Exploration work to date

fine chalcopyrite+malachite+azurite hosted by diorite

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Daru/Araboro - Cu mineralizationFPA-004

3.63% Cu, 0.009 Au ppm (FLOAT)

106785

3.12% Cu, 0.016 Au ppm (FLOAT)

RMA-012

4.19% Cu, 0.005 Au ppm (FLOAT)

Cu mineralization occurrences in Daru:• Quartz+pyrite+chalcopyrite vein float (FPA-004)• Disseminations/fracture-controlled in diorite float and

outcrop with high Mo (68ppm, Sample ID 106785)• Malachite as supergene copper in most of the floats

observed (RMA-012)

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§ Add picture

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Daru/Araboro – Cu Porphyry target

Favourable mapped intrusions, strong alteration & Cu mineralization withincircular features

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§ Exploration work includes:§ Prospecting, outcrop &

float sampling§ Detailed geologic mapping§ Wide spaced soil sampling

(200m line spacing)

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Waki – new Cu-Au discovery

Gossanous mineralised brecciated quartz vein, with chalcopyrite>pyrite +- bornite, in chlorite-sericite-silica altered diorite (float #109260; 3.39% Cu, 1.345 g/t Au)

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Waki– Cu & Au Mineralization

#109019 1.4%Cu; 0.011Auppm (OUTCROP)

#109020 1.2%Cu;0.01 Au ppm (OUTCROP)

Copper mineralization occurrences in Waki:

• Disseminated fine chalcopyrite• Rare chalcopyrite veinlets• Supergene copper (malachite+azurite)

MineralizedQuartz vein in micro-diorite with pyrite & chalcopyrite in outcrop(#109080 0.34% Cu, 15.5 g/t Au)

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Waki– favourable geology, alteration & high grade Cu & Au coincident with airborne magnetic anomaly (High)

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Brecciated quartz+chalcopyrite+-bornite and malachite from 50x60cm sub-angular boulder in RE Creek (#109014 3.88% Cu)

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Everi– new Cu-Au discovery north of Waki

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Gossan, chlorite+epidote+silica+sericitealteration, disseminated pyrite + minor chalcopyrite (#109132; 0.16% Cu, 8.45 g/t Aufloat in east tributary, Everi Creek)

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Everi– new Cu-Au discovery

Fine grained diorite, gossanous strong clay/sericite alteration, quartz-chalcopyrite-pyrite in veinlets +-bornite (#109095 outcrop 3.9% Cu, 0.47 g/t Au, 5.5 g/t Ag)

Strong sericite, possible potassic alteration, stockwork quartz veins with sulphides in microdiorite, outcrop Nonia 3 Creek

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Future Exploration Activity

§ Omu: define drill targets with IP Survey results, begin 3,000m drilling program 1Q20

§ Waki: complete soil sampling, geologic mapping, possible IP survey and define drill targets

§ Daru/Araboro: possible IP survey, define drill targets§ Everi: further prospecting, rock & soil sampling, detailed geologic

mapping & possible IP survey and define drill targets

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Planned Future Corporate Activity

§ Sept/Oct 2019 3rd financing/Listing, price 15 cents per share raise max $5M

§ Listing on Canadian Securities Exchange (CSE), Toronto, CAN. § Strategic planning for next 6 - 12 months include:

§ Construction of Access Road from Doma village to Keveri Site (approx 20km), further exploration at new Cu-Au discoveries, Waki and Everi

§ Prioritize drill targets and initiate 3000m drill program 1Q20

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Social & Community – strong relationships

Delivering Christmas parcels to Doma Village, December 2018

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Contact Information

Offices

§ Registered Office and Mailing Address:

140 Cook’s Lake Road, Timmins Ontario, P4R 0B7 Canada§ Regional Office: Sydney NSW

Australia

Contact Details

§ Alan Martin (President & CEO): [email protected]: +61.488.22.3828

§ Iain Martin (Exec Director): [email protected]: 1.705.288.0249

§ Goldenbirchresources.ca

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