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BalkansGoldPresentat ion Short 15Jan07

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Information about BalkansGoldPresentat ion Short 15Jan07
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Published on August 26, 2007

Author: Wanderer

Source: authorstream.com

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Unlocking East European Gold Zones:  Unlocking East European Gold Zones Level 24, St Martins Tower 44 St Georges Terrace Perth WA 6000 www.balkansgold.com.au Slide2:  Important Notice This document has been prepared by Balkans Gold Limited in conjunction with its corporate adviser Trident Capital to provide an overview of Balkans Gold. Any statements, opinions, projections, forecasts or other material contained in this document do not constitute any commitments, representations or warranties by Balkans Gold or Trident Capital or its directors, agents and employees. Except as required by law, and only to the extent so required, directors, agents and employees of Balkans Gold or Trident Capital shall in no way be liable to any person or body For any loss, claim, demand, damages, costs or expenses of whatsoever nature arising in any way out of, or in connection with, the information contained in the document. This document includes certain statements, opinions, projections, forecasts and other material, which reflect various assumptions. The assumptions may or may not prove to be correct. Recipients of the document must make their own independent investigations, consideration and evaluation of the opportunity to participate in the transaction. By accepting this document the recipient agrees that if it proceeds further with its investigations, consideration or evaluation of the opportunity to participate in the transaction it shall make and rely solely upon its own investigations and inquiries and will not in any way rely upon the document. Slide3:  Investment Highlights andamp; Company Vision ASX listed November 2006. Four outstanding Bulgarian Au/Ag and Au/Cu projects with +1m Oz potential. Advanced exploration targets, extensive historical drilling andamp; known mineralisation Emerging region with recent EU admission and high exploration potential. Ogosta Project- 40,000m drilling and 30,000m of adits supporting a Soviet based non JORC gold-silver resource. First drill hole complete and currently drilling second target (results expected Feb/Mar). Breznik Project- Known high grade gold-silver mineralisation over 500 metre strike. Drilling first of 6 holes down dip to support an initial resource. Rakitovo Project- High grade gold-silver mineralisation currently defined over 1km of a 2km alteration zone. Significant gold silver intersections from two recent drill holes. Peroto Project- (Earning 50%) Situated between the operating mines of Chelopech andamp; Elatsite. 92,000m of drilling supporting a Soviet based non JORC gold-copper resource. Drilling first target within weeks. Aggressive drilling program and ability to deliver initial resource calculations 2007. Slide4:  Board andamp; Management Michael Hunt (Non-Executive Chairman) – BA LLB(Hons) Partner in Hunt andamp; Humphry Project Lawyers in Perth Non-executive Director of TSX listed Redback Mining NL and ASX listed A1 Minerals Limited Experienced commercial lawyer, authoring articles and academic texts on various aspects of petroleum and mining law and identified by Bulletin Magazine as one of Australia's top 50 commercial lawyers Noel Taylor (Managing Director) – BSc, AusIMM, AIG A geologist with over 28 years experience in the resource, mining and exploration industry including operational and exploration experience in gold, tin, tantalite, silver, lead and zinc Has held senior positions with Mount Isa Mines, Sons of Gwalia (Chief Geologist Southern Cross operations), Bronzewing Gold NL (Technical Director), West Australian Metals (Exploration Manager) and Yilgarn Gold Ltd (Exploration Manager) Andrew Parker (Non-Executive Director) - LLB Managing Director of corporate advisory and venture capital firm, Trident Capital Pty Ltd Non-Executive Director of ASX listed Transit Holdings Limited and Stonehenge Metals Limited Holds a law degree from the University of Western Australia and was previously legal counsel to ASX listed B Digital Limited Mark Maine (Non-Executive Director) - M.Com, P/Grad.(Com), B.Bus(Acc.) An experienced executive and corporate advisor with over 16 years experience in the resources industry Executive Director of Peak Resources Limited; Non-executive Director of KLM Group Limited and Pacrim Energy Limited; Non-executive Chairman of Newera Uranium Limited; Company Secretary of Goldstar Resources NL (all ASX listed) Previously the Managing Director of a WA based stockbroking firm, corporate advisory and Director of a big four chartered accounting firm, corporate advisory CAPITAL STRUCTUREBALKANS GOLD:  CAPITAL STRUCTURE BALKANS GOLD Shares Presently on issue Board andamp; Management Options Market Capitalisation at 25c Options to shareholders – February 2006 non-renounceable rights issue of 1 for 2 shares to be issued @ $0.01 per option at an exercise price of $0.25 Underwritten by Montagu 47,500,000 4,500,000 $11,875,000 Slide6:  Bulgaria Geographic Focus EU Member 1st Jan 2007 Total area 110,000 km2 Population 7.4 m GDP US$71.5 billion. Good transport and communication infrastructure Several Canadian, US and UK companies operating freely Favourable geological environment for +1M oz deposits Map of EU METALLIFEROUS BELTS:  METALLIFEROUS BELTS Metalliferous Belts andamp; Project Location Slide8:  Balkans Gold Prospects at a Glance OGOSTA 40,000m of drilling and 30,000m of exploration adits supporting large Soviet resource (non JORC). Currently drilling. BREZNIK Drilling on 1 of three known vein sets has resulted in + 500m of mineralisation. Currently drilling for resource. RAKITOVO High grade gold-silver mineralisation over 1km strike length. Significant gold-silver intersections from two recently completed diamond holes. PEROTO Earning 50% Situated between the operating mines of Chelopech copper-gold and the large Elatsite open pit porphyry copper mine. Historical 92,000m of drilling supporting a large Soviet gold-copper resource inventory (non JORC). To commence drilling within weeks. Slide9:  Ogosta Project - Overview Situated on Bulgarian side of the border with Serbia incorporating the entire Govezhda mineral field. Significant prior exploration by Bulgarian State Exploration Company with over 40,000m drilling and 30,000m underground exploration adit development and trial mining. Gold-silver mineralisation (over 90 known veins) extends several hundred metres along strike and at least 100 metres down dip. Prior significant Soviet Resource Classification (non JORC) suggest potential for significant vein hosted epithermal style gold-silver deposit. Early focus: translation of reports, assessment of existing workings for re-sampling. Drilling has commenced - Ist DDH completed into target Vein set No. 9 awaiting assays. 2nd DDH started into target Vein set No. 6 andamp; 6a. Target Objective +1,000,000 oz gold with additional silver credits. Slide10:  Ogosta Regional Geology Cambrian age Meta shales Sandstone andamp; basalt Ordovician age Conglomerates Sandstone andamp; Siltstones Drilling Slide11:  Ogosta Long Section Example 2.38m @ 96.4gpt Au, 847gpt Ag Slide12:  Breznik Project - Overview Situated 35km west of the capital Sofia. Substantial drilling by Bulgarian State (1985-1996) and Homestake Mining Company (1998-2001) returned strong trenching and drill results noting mineralisation below 150m of surface including 6m grading 5.5gpt Au. Euromax drilled 26 RC holes in a single fence line of holes (2004-2005) producing several intercepts greater than 6gpt gold over a continuous strike length of over 500 metres in one of three known vein sets. Mineralisation remains open at depth and along strike. SRK consider that the project demonstrates the existence of epithermal vein style mineralisation already containing a 'significant gold-silver deposit'. Diamond drilling underway to test depth extension for initial resource. Initial resource calculation early 2007. Initial Objective Target: 500,000 to 1,000,000 oz gold. Slide13:  Breznik Project Geology Slide14:  Breznik Long Section – North Vein North Vein gold mineralisation demonstrated to be continuous for over 500m strike Deposit remains open along strike and at depth below existing drilling Slide15:  Rakitovo Project - Overview Situated in the Rhodope mountains in southern Bulgaria - an area that hosts numerous gold and base metal deposits. Evidence of ancient workings dating back to 400 BC. Drilling by Euromax (2004-2005) over a strike length of 1km defined gold-silver mineralisation to 100m below surface and intercepts of andgt;5gpt in 5 of 11 holes. Two main targets- Sreben Centre and Sreben North. Significant gold-silver intersections from two recent diamond holes. Mineralisation at Sreben Centre remains open along strike and down dip. Program to review results of exploration and develop program required to deliver an initial resource calculation SRK consider that the Project demonstrates 'the presence of intrusion hosted epithermal style gold-silver mineralisation'. Slide16:  Rakitovo Project Geology Slide17:  1.5m @ 5.07 g/t gold andamp; 30 g/t silver from 8.2m 1.4m @ 4.66 g/t gold andamp; 39 g/t silver from 10.6m 0.9m @ 5.14 g/t gold andamp;192g/t silver from 42m 1.4m @ 4.66 g/t gold andamp; 39g/t silver from 10.6m 5.1m @ 10.73g/t gold andamp;21 g/t silver from 28.8m Includes 1.6m @ 31.1 g/t gold and 6 g/t silver from 32.3m 48.4 metres grading @ 0.46%Zn, 0.22% Pb, 0.16 g/t Au andamp; 7 g/t Ag from 88.7m Includes 2.1 metres grading @ 1.8%Zn, 1.1% Pb, 0.45 g/t Au andamp; 23 g/t Ag from 110.7m 1.7 metres grading @ 2.1%Zn, 0.4% Pb, 0.14 g/t Au andamp; 17 g/t Ag from 114.3m MRC612 also intersected Slide18:  Peroto Project Earning 50% by funding two exploration holes up to US$200,000. Situated between the operating mines of Chelopech copper-gold mine (Europe’s largest producing mine) and the large Elatsite open pit porphyry copper mine. Historical 92,000 metres of diamond drilling between 1960 -1975. Large Soviet Classification gold-copper resource inventory (non JORC) indicates significant mineralisation occurs on the project. Reports require translating and validation. Additional untested strong geophysical target identified. First hole underway @ Vozdol Slide19:  Peroto Location andamp; Geology Elatsite Open Pit Porphyry Copper Deposit Slide20:  Peroto Significant Intercepts Peroto Ist Diamond Hole Slide21:  Investment Summary Four outstanding Bulgarian Au/Ag andamp; Au/Cu projects with + 1m Oz potential . Advanced targets with known gold-silver mineralisation andamp; extensive drilling. Emerging region exploring new EU member with 'first to area' advantages. Ogosta Project- 40,000m drilling and 30,000m of Adits supporting a Soviet based non JORC gold-silver resource. First hole complete and currently drilling second target (results expected Feb/Mar). Breznik Project- Known high grade gold-silver mineralisation over 500m of strike. Drilling first of 6 holes down dip to support an initial resource. The mineralisation remains open at depth and along strike. Rakitovo Project High grade gold-silver mineralisation currently defined over 1km of a 2km alteration zone. Significant gold silver intersections from two recent D/H . Peroto Project Earning 50%. Situated between the operating mines of Chelopech copper-gold and the large Elatsite open pit porphyry copper mine. Historical 92,000m of drilling between 1960 -1975. Large Soviet based non JORC gold-copper resource indicates significant mineralisation. Drilling first target Vozdol. Aggressive drilling program- drilling underway on three of the company’s four projects Slide22:  Schedule Exploration Expenditure Summary:  Exploration Expenditure Summary

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