Objective Capital's Industrial Metals, Minerals & Mineable Energy Investment Summit 2011
Ironmongers' Hall, City of London
3 November 2011
Speaker: David Cliff, Empire Mining
Century Iron Mines Corporation | Corporate Presentation | November 2012
Speaker: Sandy Chim, C.A., Director, President and Chief Executive Officer
Company Information:
as of Nov 2012
TSX Venture: FER
52-Week high/low: C$0.92-C$2.50
Market Cap: C$97.0m
Recent Price: C$1.02
Shares: 94.9 million
Fully Diluted: 103.8 million
Website: www.centuryiron.com
Century Iron is Canada’s largest holder of iron ore land claims in a public company, with interests in several properties in the Provinces of Quebec and Newfoundland & Labrador. Century’s vision is to exploit its large property asset base to become one of the country’s largest iron ore producers.
Century has structured a unique strategic formula to pave the way to achieving its vision: It has attracted
WISCO and MinMetals, two of the largest Chinese state-owned enterprises, as equity investors and strategic partners (25% and 5% respectively). WISCO is a further 40% JV investor in individual projects, and these partners have committed to 60‑70% off-take agreements for future product. They will also procure to provide up to 70% of production capex on positive feasibility, in the form of nondilutive debt financing for the Canadian company.
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Alan Cruickshank, Gensource
Objective Capital's Industrial Minerals & Metals Resources Investment Forum 2012
Ironmongers' Hall, City of London
6 November 2012
Speaker: Catherine Feore, Adroit Resources
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Richard Williams, Helio Resource
Objective Capital's Global Resources Investment Forum 2012
Ironmongers' Hall, City of London
25 September 2012
Speaker: Gary Billingsley, Great Western Minerals
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@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
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An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
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Tele-gram
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where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
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USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
1. INDUSTRIAL METALS, MINERALS
& MINEABLE ENERGY
INVESTMENT SUMMIT
Emerging mining opportunities in Turkish Copper
David Cliff – Empire Mining
IRONMONGERS’ HALL, CITY OF LONDON THURSDAY, 3 NOV 2011
www.ObjectiveCapitalConferences.com
2. EPC: TSX-V
Emerging mining opportunities in
Turkish Copper
Empire Mining Corporation
david@empireminingcorp.com 307 - 475 Howe Street
Vancouver, BC V6C 2B3
CANADA
November 2011 www.empireminingcorp.com
3. DISCLAIMER
This presentation contains forward-looking information and statements, as defined by law including without
limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform
Act of 1995 (“forward-looking statements”), respecting the Company’s future plans respecting its mineral projects.
Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be
materially different from those expressed or implied by the forward-looking statements, including without limitation
the availability of qualified workers; risks associated with exploration projects; dependence on third parties for
services; non-performance by contractual counterparties; title risks; financial ability of the company to proceed as
planned; force majeure; and general business and economic conditions. Forward-looking statements are based on
a number of assumptions that may prove to be incorrect, including without limitation assumptions about: general
business and economic conditions; the timing and receipt of required approvals; ability to procure equipment and
supplies; continued availability of licences; political stability; and ongoing relations with employees, partners and
joint venturers. The foregoing list is not exhaustive and we undertake no obligation to update any of the foregoing
except as required by law.
David Cliff is a Chartered Engineer and Member of the Institute of Materials, Metals and Mining and Fellow of the
Geological Society and is the Qualified Person under National Instrument 43-101 for the projects discussed in this
presentation, however the historic or other figures presented herein are not NI 43-101 compliant. A qualified
person has not done sufficient work to classify the historical estimates as current mineral resources or mineral
reserves, the Company is not treating the historical estimates as current mineral resources or mineral reserves as
defined by National Instrument 43-101, and the historical estimates should not be relied upon.
3
5. MANAGEMENT
Directors and Officers
David Cliff - President & CEO, Director
26 years with Rio Tinto Exploration :former Exploration Manager, Europe;
Involved in the discovery of three gold and one copper deposit;
Extensive experience in the evaluation of mineral projects and in the negotiation of all forms of mining industry
agreements.
Robert Giustra – Chairman, Director
Engaged in creating, financing, developing and managing publicly traded companies since 1992;
Formerly an institutional sales broker with an international investment dealer;
President & CEO of Columbus Gold Corporation and Columbus Silver Corporation.
Michael Johnson – Director
Former Chairman of Glebe Mines Ltd., the principal fluorspar-barytes mining company in Western Europe;
Holds (or has held) advisory positions with professional institutes, national governments, international
agencies and funding organizations, including the World Bank and the UN (Environment Program);
External advisor on environmental matters to several international mining companies, including Rio Tinto and
New Boliden-Outokumpu.
Nick Clarke – Director
Former Managing Director of Oriel resources which developed the Voskhod chromite mine, Kazakhstan.
CEO of London based Central Asia Metals Ltd which has copper, gold and molybdenum assets in Kazakhstan
and Mongolia; also a non-executive director of AIM-listed Sunkar Resources plc and Obtala Resources plc.
More than 40 years experience managing operations worldwide, including Anglogold Ashanti.
5
6. MANAGEMENT
Management and Specialist Advisors
Damyan Hristov – Business Development Manager
With Rio Tinto for 15 years in various roles.
Recently Project Leader Ore Reserves and Compliance.
Previously project and business administration for Rio Tinto in Turkey, including work on the Çöpler gold
deposit.
Yassen Khrischev – Exploration Vice-President
Exploration geologist with +15 years experience, especially within the SE Europe porphyry region;
International multi-commodity experience over 11 years with Rio Tinto;
Most recent experience with Newmont exploration for gold in Armenia.
Professor Lirim Hoxha - Country Manager Albania
Over 50 years experience in ore deposit geology in Albania; 30 years at a senior level;
Former Director Department of Ore Deposits & Metallogeny, Geological Research Institute;
Former Deputy Director of the Albanian Geological Survey;
Specialist in the interpretation of thrust tectonics applied to ore geology.
Aydin Şen – Exploration Manager advanced projects
With Rio Tinto for 6 years in various roles including work in Turkey, Mali and Mozambique.
Recent exploration management experience in Turkey with 3S and Mediterranean Resources.
6
7. (Reproduced from the Geo Center 1:800 000 scale map of Western Turkey.)
TURKEY: BURSA Cu-Au-Mo EXPLORATION
Location Map (Geo Center 1:800 000 scale map of Western Turkey)
N
• Easily accessed by road from
Ankara via Eskişehir or from
Istanbul via fast ferry to
Yalova or Mudanya.
• Good infrastructure;
power, water, educated and
skilled labour. Mining’
Area of interest tradition’.
• Upland forest area; 500-
1700m elevation.
7
8. TURKEY
Karapınar and Demirtepe copper projects
BURSA AGREEMENT WITH ANATOLIA MINERALS
DEVELOPMENT (NOW ALACER GOLD):
Option for 65% interest Effective Date Sept. 17, 2007.
Annual conditions met; cash payment and transfer of
Empire shares annually.
In year 5 -> $280,000 + shares to 5% of EPC
(w/ above)
By end of year 5-> $7.5 million in expenditures +
Technical Report
by end of year 6 (2013)- complete pre-feasibility
study.
Expenditures to date -> $4,250 000
(Oct 31 2011)
_____________________
Agreed with ALACER: complete by 31/12/11 for
100% transfer to Empire in exchange for 19.9% of
Empire Mining. 8
9. BURSA DISTRICT: DEMIRTEPE AND KARAPINAR COPPER
Exploration and development stage title
Demirtepe
Karapınar
9
10. KARAPINAR
Drill Site KDH-006
Forested upland area, steep
sided slope, enhanced grades
above main water table based
on partial secondary
enrichment.
Granodiorite hosted
porphyry into marble with
potential for
undiscovered skarns in
addition.
10
11. KARAPINAR
Exploration history and key points
Karapınar Project
Exploration History Key Results Conclusions and Outcomes
Drilled in 2003 by Rio Tinto Drillhole KDH 002 intersected Rio Tinto prioritised another Anatolia
Exploration. Five holes for 221m (from surface) at 0.36% Minerals (Alacer) copper project in
2096m. Cu, 0.1g/t Au, 51ppm Mo and, Turkey (Tunceli) and withdrew from
from 273m after a dyke, 53m at the JV agreement in 2007. No further
0.31% Cu and 152ppm Mo. drilling.
Property optioned late 2007 by
Mineralisation in marble-hosted Empire Mining.
granodiorite porphyry
Empire drilled six holes for Indications of enhanced grades Further drilling deferred due to
1908m in 2008. close to surface including 99.7m financial crisis. Empire focused on
at 0.5%Cu. Mineralogy showed Albanian chromite.
secondary copper minerals to
be responsible for enhanced Copper focus moved to Demirtepe
near-surface grades. field work.
Primary grades confirmed at
about 0.3% Cu
Empire drilled a further Drilling led to secondary Discovery of leached potassically-
seven holes in 2011 for enrichment blanket beneath altered porphyry east of previously
1380m. oxide copper with 60m at drilled area.
0.9% Cu. IP survey helps confirm concept of
major porphyry body partially
Combined oxide and enrichment concealed by marble roof pendant.
zone at 0.63%Cu over 100m. Enrichment zone is possible pointer
to large tonnage, higher grade
porphyry.
11
12. KARAPINAR
Phase I Drill Results 2008: recognition of supergene overprint
Total Depth From To Intercept
Hole No. Cu (%) Mo (%) Au (g/t)
(m) (m) (m) (m)
KDH-006 363.00 0.00 99.70 99.70 0.50 0.0071 0.10
138.70 227.00 88.30 0.23 0.0022 0.06
KDH-007 380.50 5.50 133.20 127.70 0.31 0.0133 0.11
363.00 380.50 17.50 0.49 0.0112 0.07
KDH-008 323.00 0.00 224.00 224.00 0.36 0.0110 0.08
Including 20.00 141.00 121.00 0.47 0.0153 0.12
Including 43.00 86.00 43.00 0.72 0.0114 0.18
Including 43.00 68.00 25.00 1.01 0.0118 0.21
Including 202.00 218.40 16.40 0.62 0.0056 NS
KDH-009 278.00 19.00 206.60 187.60 0.34 0.0110 NS
Including 75.00 113.60 38.60 0.57 0.0190 NS
Including 97.90 113.60 15.70 0.77 0.0333 NS
KDH-010 101.00 No Significant Results
KDH-011 155.50 0.00 155.50 155.60 0.25 0.0148 NS
Including 60.00 84.00 24.00 0.46 0.0314 NS
TOTAL 1601.00
12
13. BURSA EAST: KARAPINAR
Chalcopyrite Visible in KDH-006
Drill hole KDH-006. Vuggy texture in Quartz, Pyrite, Chalcopyrite veinlet.
14
14. BURSA EAST: KARAPINAR
Native Copper in KDH-008
Drill hole KDH-008. Native Copper in Quartz vein at 29.5m
15
15. KARAPINAR
2011 Drill results; identification of leach zone/chalcocite
To Cu Mo Au
Hole No Total Depth (m) From (m) Intercept (m)
(m) (%) (%) (g/t)
KDH-012 286.20 0.00 266.30 266.30 0.30 0.014 0.09
Including (chalcocite) 24.90 29.60 4.70 1.00 0.003 0.08
KDH-018 211.50 31.60 211.50 179.60 0.48 0.014 0.10
Including (oxide+ chalcocite) 31.60 139.60 108.00 0.63 0.010 0.11
Including (chalcocite) 79.60 139.60 60.00 0.93 0.017 0.11
Including (chalcocite) 79.60 96.00 16.40 1.16 0.021 0.13
Including (chalcocite) 121.00 139.00 18.60 1.30 0.020 0.09
KDH-013 250.30 0.00 150.60 150.60 0.26 0.002 0.09
Including (chalcocite) 111.20 123.20 11.90 0.38 0.005 0.06
Including (chalcocite) 111.20 115.80 4.60 0.55 0.004 0.05
KDH-014 100.00 9.90 21.80 11.90 0.19 0.005 0.05
KDH-015 86.10 20.00 51.70 31.70 0.42 0.004 0.13
KDH-016 134.50 0.00 134.50 134.50 0.30 - 0.10
KDH-017 208.50 No significant intercept (limestone). Needs to be deepened.
16
17. KARAPINAR:
Soil copper reflects porphyry but not leach/chalcocite area.
Zone of subdued soil copper
and no outcrop interpreted as
leached porphyry
18
18. KARAPINAR:
Geology and drilling; expansion potential. The Pebble analogy
Expansion and higher
Interpreted grade potential. IP
roof pendant; done to check
dolomitised area.
19
19. KAPAPINAR: CHARGEABILITY AT 1000m ASL
Copper in soils (>300ppm) and drill holes
Interpreted
roof pendant
KDH-018
60m thick N
chalcocite
enrichment Cross Section
zone grading at 722612E 0 250m
0.93% copper
20
21. KAPAPINAR: CHARGEABILITY AT 1000m ASL
Proposed drill holes; Phase 1 (black), Phase 2 (red)
Interpreted
roof pendant
KDH-018
60m thick
N
chalcocite
Cross Section
enrichment 0 250m
722612E
zone grading at
0.93% copper
Red stippling indicates potassic alteration 23
22. KARAPINAR
Anticipated technical milestones and costs
Work Planned Milestones Cost ($)
Complete reinterpretation work • Exercise Alacer option 1 400 000
• End 2011
Drill 13 holes for 2660m • Extend copper resource 1 200 000
based on vectors;
Initial process test work increased primary and
extended secondary
Environmental baseline study copper potential
• Process tests show good
Option to drill a further 3200m recovery characteristics (+1 500 000
based on more
• EBS shows no drilling)
environmental or
community issues to
date (mid-2012)
Order of Magnitude study Decision to proceed to Estimated $5-6M
feasibility study April 2013
24
23. DEMIRTEPE
Drill site DHT-003a
Wollastonite-garnet and copper-
gold-silver-molybdenum skarn
25
24. DEMIRTEPE
Exploration History 1 (2004-2008)
Demirtepe Project
Exploration History Key Results Conclusions and Outcomes
Identified in 2004 by Rio Initial reconnaissance work Rio Tinto awaited award of
Tinto/Anatolia JV as it lay showed a wollastonite skarn title.
within Area of Interest. containing copper and gold
mineralisation.
September 2006 acquired by No work done by Rio Tinto after No follow-up by Rio Tinto,
Anatolia on behalf of the JV the licence was acquired. who drilled three RC holes
at state licence auction. on a nearby licence before
withdrawing from the JV and
Turkey in 2007.
Property optioned late
2007 by Empire Mining.
Soil geochemistry, rock Soil and rock geochemistry Work initially deferred in
sampling and confirm copper-gold-molybdenum 2008 due to financial crisis.
geophysics carried out soil anomaly over a 1000 by Empire focused on Albanian
by Empire. Drilling 1500m area with Cu ranging from chromite until 2010.
commenced in 124 to 12050ppm and Au from
November 2007. 10ppb to 1.24g/t. Rocks from
0.28-1.06% Cu and higher values
Field work within the bornite-wollastonite
recommenced in 2010. skarn.
26
25. DEMIRTEPE
Exploration history 2 (2009-Present)
Demirtepe Project
Exploration History Key Results Conclusions and Outcomes
Initial drilling commenced Discovery hole DHT-001 Definition of Main Zone, which is cut
November 2010 and intersected 47.35m at 2.02% Cu, by a low angle detachment fault at its
completed in July 2011. 0.96g/t Au and 21.64g/t Ag base. Search commences for
36 holes drilled for including 8m at 9.1% Cu, 4.68g/t extensions to the southwest, based
8433m. Au and 95.3g/t Ag. on drillhole observations.
Baseline EBS Further drilling gives Mineralisation is driven by as-yet
commenced mid-2011. wollastonite-hosted copper and unidentified porphyry intrusion.
gold continuity over 350m of
strike and in corridor 100m Important and strategically-located
across and to a depth of 150m, wollastonite deposit outlined
termed the Main Zone. 21 of 27 (Hellingwerf report).
holes in Main Zone are
mineralised
Newly-identified Southwest Field work to the southwest reveals Southwest zone displays epithermal
Extension a continuous Cu-Au anomaly characteristics and is believed to be
currently about 1.8 km long and up closer to the porphyry body, which
to 800 metres wide open to the does not appear to be exposed
southwest; with elevated copper according to field mapping.
levels in soils broadly coincident
with elevated gold. Rock sampling
results include 4.68% Cu, 5.58 g/t
Au and 59.3 g/t Ag from
wollastonite bearing boulders and
3.2% Cu in garnet skarn boulders
27
31. DEMIRTEPE
Identified mineralised zones, drilling and copper in spoils
DTH-001 DTH-002
47.35m @ 2.02% Cu 21m@3.05%
and 0.96g/t Au Zn
DTH-034
18.40m @ 2.26% Cu
and 1.27g/t Au
DTH-007
34.6m @ 1.79% Cu
and 0.75g/t Au
DTH-018
23.6m @ 1.37% Cu
and 0.56g/t Au DTH-012
15.1m @
0.22% Mo
33
32. DEMIRTEPE
Type 1a/b) (best qualities) wollastonite in brown
Demirtepe Main Zone
Surface Projection of Wollastonite
with Sulphide Mineralisation
Copper (green) / Gold (red)
Demirtepe Main Zone (and possibly N Zone)
is detached by a basement fault.
N
0 100m
34
34. DEMIRTEPE
Mineralisation styles. Mainly bornite and wollastonite
DTH-005 at 48.6m: 7.1% Cu, 2.49g/t Au, 105g/t Ag
DTH-007 at 68.6m bornite, quartz-
pyrite with 6.78g/t Au: epithermal
overprint?
DTH-005 at 107.4m: 6.6%Cu,
1.84g/t Au, 66g/t Ag
Typical wollastonite-bornite
mineralisation
36
35. DEMIRTEPE
Old workings reflect mineralised zones
Workings on SW Extension (left) below the
crest of the hill 1.2km from Main Zone.
Considered to be the ‘hottest’ identified spot
so far with epithermal mineralisation.
Main Zone (below) close to drillholes 1 and 3.
37
36. Demirtepe Targets
Northern Zone, Zn
Anomaly
Main Zone, Cu/Au
Anomaly
Southwest
Zone, newly
identified area
under
prospecting
38. Demirtepe SW Zone Mineralisation
EPC: TSX-V
Empire Mining Corporation
307 - 475 Howe Street
Vancouver, BC V6C 2B3
CANADA
www.empireminingcorp.com
39. DEMIRTEPE SW EXTENSION
Old workings, copper bearing quartz float in silica
Shattered and recrystallised
limestone created by
hydrothermal processes
41
40. DEMIRTEPE:
SW Extension with IP lines
Mineralisation in
previous pictures
42
41. DEMIRTEPE
Work plan and milestones against direct costs
Planned work, milestones and cost estimates
Work planned Plan Milestones Anticipated cost (US$)
Update and audit database Create initial resource estimate for internal use,
for Main Zone. prior to obtaining a NI43-101 compliant resource $550 000*
Continue sampling the SW estimate. Completion; mid-end October 2011.
Extension. Complete NI43-101 initial estimate, November 2011.
IP/resistivity survey. Determine extension potential. Design drilling
Convert licence 78161 to programme for Late November 2011.
Operational status. Decide on options for carving out wollastonite
and garnet.
Exercise Alacer option (project share including $775 000
due diligence)
Drilling; 6 holes for 1800 Extend the secondary copper mineralisation; $862 000**
metres. Option (brackets) for determine vectors for higher grade primary (Optional follow-up in
additional deep porphyry copper (gold and molybdenum). Completion, mid- event of deep porphyry
holes: 4 holes for 2500 March (depending on start date and snow mineralisation:
metres. conditions – alternatively, a start will have to be $625 000)
made in April 2012). Update NI43-101 compliant
resource estimate. Identified upside for 1Mt
Initial process test work on contained Cu.
main ore types. Process tests show good recovery $40 000
Environmental base line characteristics.
study
EBS and social feedback positive. Decision to $200 000
proceed to Order of Magnitude study. Mid 2012.
Order of Magnitude study Decision to proceed to feasibility April 2013 OoM costs to be
determined, but likely to
be $5-6M
*Assumes Alacer management on-cost to end December 2011 and includes already-committed costs for Q4.
**Assumes salaries and overheads for 6 months of 2012. No contingency. 43
42. Empire Mining Corporation
307 - 475 Howe Street
Vancouver, BC
V6C 2B3
CANADA
david@empireminingcorp.com
www.EmpireMiningCorp.com