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Qrl pp 31 jan 2012

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drilling determination discovery Investor Presentation 31 st January 2012
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Page 1: Qrl pp 31 jan 2012

drilling determination discovery

Investor Presentation 31st January 2012

Page 2: Qrl pp 31 jan 2012

Quintessential Resources Ltd Disclaimer Statements: This presentation has been prepared to provide information on Quintessential Resources Limited. It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. This presentation should not be relied upon as the sole representation of any matter that a potential

investor should consider in evaluating Quintessential, its affiliates or any of its directors, agents, officers or employees do not make any representation or warranty, express or implied, as to or endorsement of, the accuracy or completeness of any information, statements, representations or forecasts contained in this presentation, and they do not accept any liability for any statement made in, or omitted from, this presentation.

The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by, or compiled under the supervision of Dr Salam Malagun - Member of the Aust. Inst. of Geoscientists. Dr Malagun is the Technical Director of Quintessential Resources Ltd and a full time employee of the Company. Dr Malagun has sufficient experience which is relevant to the type of mineralisation and type of deposit under consideration to qualify as Competent Person as defined in the 2004 Edition of the Australasian Code of Reporting Exploration Results, Mineral Resources and Ore Resources. Dr Malagun consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

Prospective investors should make their own independent evaluation of an investment in the Company.

Page 3: Qrl pp 31 jan 2012

Corporate Structure Quintessential is a dynamic junior mineral exploration company focused on acquiring,

exploring and developing highly prospective mineral properties in Papua New Guinea for World Class Porphyry Copper and Gold deposits.

LISTED ON ASX: 10.8.11

ORDINARY SHARES: 30,000,000

IN ESCROW (24 months): 10,000,000

UNLISTED OPTIONS: 12,000,000

CASH 31/12/11 : $1.991M

MARKET CAP @ $0.23 : $9.2M

RANGE: $0.18 - $0.32

TOP 20: 52.05%

DIRECTORS HOLD: 37.40%

Page 4: Qrl pp 31 jan 2012

Experienced Management Team

Chairman Jay Stephenson MBA, FCPA, CMA, FCIS, MAICD Over 21 years of business development including approximately 16 years as Director, Chief Financial Officer and Company Secretary for various listed and unlisted entities. Jay has been involved in business acquisitions, mergers, initial public offerings, capital raisings, as well as managing all areas of finance for companies. Jay sits on the boards of Doray Minerals, Drake Resources, Strategic Minerals and Aura Energy. Managing Director Paige McNeil GradDipEd, ACIS, GAICD & Company Secretary Over 13 years mineral exploration experience including the past 7 years as Administration Manager and/Company Secretary for various Australian and Canadian listed and unlisted companies predominantly operating in PNG, including Frontier Resources Ltd. 2010 Recipient of WA Business News 40under40 award. Exploration Director Dr. Salam Malagun PhD, MSc, MAIG

Over 26 years geological experience through out Papua New Guinea and Queensland. Salam has worked on most of the major mineral deposits in PNG and his PhD research contributed significantly to the discovery of the Simberi Gold Deposit.

Management have strong PNG technical and logistical experience with proven corporate and exploration track records.

Page 5: Qrl pp 31 jan 2012

Tenement Portfolio

Page 6: Qrl pp 31 jan 2012

Strategic Land Position

Page 7: Qrl pp 31 jan 2012

EL1727 : Bismarck

Page 8: Qrl pp 31 jan 2012

Tekem Gold Deposit

A distinct NW oriented magnetic low is obvious through the Tekem Gold District. “Lows” represent intense hydrothermal activity and possible mineralised zones.

Page 9: Qrl pp 31 jan 2012

Tekem Gold Resource

HOLE NUMBER INTERCEPT

TKD 001 LENGTH GOLD GRADE (g/t) FROM TO

Entire Hole 80.1m 0.51 0.0m 80.1m Including 7.9m 1.34 7.6m 15.5m

Plus 0.7m 2.86 35.1m 35.8m Plus 2.2m 7.30 43.2m 45.4m

HOLE NUMBER INTERCEPT

TKD 002 LENGTH GOLD GRADE (g/t) FROM TO

Entire Hole 75.1m 0.57 0.0m 75.1m Including 13.1m 1.02 8.1m 21.2m

Plus 3.1m 2.96 9.1m 12.2m Plus 2.1m 8.10 63.5m 65.6m Plus 1.1m 0.90 74 75.1

JORC COMPLIANT INFERRED RESOURCE

Cut off Grade Tonnes Grade Approx Total (g/t Au) (g/t Au) Ounces Gold

Zone 1 0.5 526,000 1.52 25,700

1 350,000 1.93 21,700

Zone 2 0.5 272,000 1.79 15,650

1 187,000 2.28 13,700

0.5 798,000 1.61 41,400

Total 1 536,000 2.05 35,400

Page 10: Qrl pp 31 jan 2012

Tekem resistivity (top) and chargeability (bottom) cross sections showing traces of holes 1, 2 and 3 relative to the contoured geophysics. The cross section (4E) is looking to grid west or WSW . The structure appears to be trending to the lower left corner of the chargeability section from the surface – apparently associated with the shoulder of the chargeability

Tekem Drilling Program

Page 11: Qrl pp 31 jan 2012

Tekem Drilling Program

Tekem cross section looking to the WSW showing the drill hole traces and higher grade gold zone with coloured assays representing the various gold grades.

Page 12: Qrl pp 31 jan 2012

Tekem Drilling Program

Page 13: Qrl pp 31 jan 2012

Tekem Drilling Program

Proposed hole TKD 006 shows planned trace testing the conductivity anomaly ending up relatively to the top of the chargeability anomaly.

Page 14: Qrl pp 31 jan 2012

Mal Porphyry Copper District

The aeromagnetics (TMI) clearly show the Mal District as a typical porphyry copper signature in this environment with a strong positive on the northern side and a corresponding negative on the southern side.

Page 15: Qrl pp 31 jan 2012

Mal Geophysics

The 3D-IP contoured model shows chargeability (orange >30ms, red >40m and purple >50 ms), conductivity (grey) and resistivity (green) anomalies. This image looks from the bottom SE to the surface in the NW under an opaque Digital Elevation Model (DEM or DTM). The high intensity chargeability anomaly cores (red to purple) to the Pipe, Chute, Plug and some of the Half Bowl are readily apparent and are open at depth and /or along strike.The grid is 1,200m wide and 2,700m long (area = 3.25 sqkm) and the 3D-IP model was generated to an average of >500m below surface level (deeper at the topographically higher N and S ends but noted as below the level of reliability). This plan looks from the bottom to an opaque Digital Elevation Model (DEM or DTM), where north is +Y, east is +X and up is +Z.

Tube 3

Half Bowl

Plug

Chute

Pipe

Mogul

Page 16: Qrl pp 31 jan 2012

Mal Drilling Program

Interpreted image of proposed drill holes over 3D-IP chargeability at 300m below topography. The image also shows the projected extension of the half bowl model.

DSC1300C capable of drilling to 1000m in NQ is being mobilised to Mal

Page 17: Qrl pp 31 jan 2012

Exploration Summary Exploration Strategy

Focus is on advancing the Tekem Gold District for World Class epithermal gold and porphyry copper-gold deposits via an initial 5000m drilling program. Aggressively explore for World Class porphyry copper-gold-silver-molybdenum deposits at the Mal District. Define drilling targets at the Giwi Porphyry Copper District. Define drilling targets at the Irak Porphyry Copper Prospect. Establish road access to the Bismarck tenement by completing a track to Tekem (stage 1) and then to Irak and Mal (stage 2). Blue Sky: Additional geographic focus in PNG via Exploration Licence Applications

Achievements / Timeline Five short diamond drill holes have been completed to date. Hole TKD 006 will test the large conductivity anomaly to 400m. TKD 003 & 004 at laboratory, TKD 005 to be flown from Tekem. 3D-IP defined excellent drill targets at Mal which will be tested forthwith to a depth of ~800m with DSC1300C. Geophysical and geochemical programs were completed and results are being complied. Geophysical and geochemical programs were completed and results announced. Landowner negotiations continue and stage 1 of the dozer track has commenced to Tekem. Two EL Applications in Milne Bay are pending ministerial granting. Mining Warden Hearings have been completed on New Britain Island applications.

Page 18: Qrl pp 31 jan 2012

Tekem Exploration Camp Tekem Landowner Meeting

Road from Mt Hagen to Kompiam Mt Hagen Logistics Base

Page 19: Qrl pp 31 jan 2012

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