PNG Mineral Sector Slideshow.pptVIP

ODALBOW LTD Mining Prospects In Papua New Guinea;General Information;Huli wigman tourist photographer(Southern Highlands Province);Introduction;Ok Tedi Mine Pit (PNG Sustainable Development Program);Papua New Guinea’s Fiscal Policy;Lihir Island Gold Project (Newcrest);PNG’s geological map;Tenements;Gold Copper ExportsMarch Quarter of 2008 2009;OPERATING MINES;Pogera Primary product: Gold Secondary product: Silver Average annual production: 850,000 ounces gold Owners: Barrick Gold Corporation (95%); Mineral Resources Enga (5%) Hidden Valley Primary product Gold Secondary product: Silver Average annual production: 225,000 ounces gold Owners: Harmony Gold (50%); Newcrest Mining Ltd (50%) ;Hidden Valley Mine (MMJV);Tolukuma Primary product: Gold Secondary product: Silver Average annual production: 50,000 ounces Ownership: Petromin PNG Holdings Ltd Simberi Primary product: Gold Secondary product: Silver Average annual production: 100,000 ounces gold Ownership: Allied Gold Ltd (100%) ;Engan Dancers(Enga Province);Sinivit Primary product: Gold Secondary product; Silver Average annual production: 100,000 ounces Ownership: Niugini Gold Corporation (100%) Ramu NiCo Primary product: Nickel Secondary product: Cobalt Mine under contruction; producing in 2011 Ownership: MCC Ramu (80%); Highlands Pacific (8.5%); PNG Government (15%) ;Simberi Gold Project (Allied Gold Ltd);Advanced Projects;Yandera Project: Marengo Mining Ltd Copper, Molybdenum, Rhenium Near completion of Feasibility Studies Resources: Indicated 500Mt @ 0.38% Cu equivalent; Inferred 700Mt of Cu @ 0.33% Cu equivalent. Expected production in 2015 Frieda River Project: Xstrata Mining Cooper Gold project Feasibility Studies completing in January 2011 Largest project with 840 Mt @ 0.53% Cu; 0.28g/t Au in Horse-Ivaal-Trukai; and 51 Mt @ 2.43% Cu and 0.57g/t Au in Nena. Expected production in 2015 ;Pogera Gold Mine (Barrick);Wafi Golpu: Morobe Mining Joint Venture Copper Gold Project Ongoing Feasibility Studi