Investor Presentaiton
CHINA YUNNAN COPPER
AUSTRALIA
VINITEC
Gem Copper Discovery
Drillout Underway
- GRO03-38m @ 1.25% Cu and 0.20 g/t Au from 33m
-GRO15-6m @ 1.57% Cu and 0.19 g/t Au from 53m
-GRO24 - 12m @ 1.08% Cu and 0.58 g/t Au from 16m
-GR030-9m @ 1.66% Cu and 0.46 g/t Au from 15m
-Shallow sulphide system, open at depth.
-Near Infrastructure
Resource Estimate - April
Gem Copper is not yet a resource as further extensional drilling still underway
and planned to be completed by the end of March.
Importantly, there are no known economic deposits in the granites in which
Gem is hosted, therefore known copper occurrences were not drilled. CYU
has other Granite hosted prospects such as Emu that are due to be advanced
as per Gem. CYU has first mover advantage with the Naraku Granite - north
of Cloncurry.
CYU is onto a green fields discovery in a so called mature terrain due to
previous exploration companies sticking to a known paradigm. CYU is aiming
for Gem be an early stage JORC Inferred resource in April 2010, under 4
metres of cover, 900 metres from the bitumen, 4 kilometres south of the water
pipeline to Ernest Henry.
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