SlideShare ist ein Scribd-Unternehmen logo
1 von 35
Downloaden Sie, um offline zu lesen
Accelerating Our Growth and Exploration




TSX: CRK
OTCQX: CROCF               OCTOBER 2011
FRANKFURT: XGC
Our Investment Advantage
                                                            TSX:CRK OTCQX: CROCF


                   3.175 million ounces M&I and 2.14 million ounces Inferred
    Assets         Over 3,300 km2 land package with proven historical production
                   Financially well positioned to support exploration and production
                   2010 production of 82,000 ounces
  Production       2.4M TPA processing facility
                   Expanding production profile with decreasing cash costs
                   Outstanding potential to discover additional resources
  Exploration      $10-12 million budgeted for exploration efforts in 2011
                   Extensive exploration project and development pipeline

                   Existing infrastructure (replacement value $200M)
 Infrastructure    Adjacent to major highway and utilities (natural gas and power lines)
                   Road, rail and deep sea port in close proximity
                   Strong management team
   Potential       Positioned for significant growth in the short and long term
                   Exploration strength with excellent JV opportunities

                                                                                            2
Location & Infrastructure
 Northern Australia          TSX:CRK OTCQX: CROCF


 Total Surface area:
  3,300km2
 Northern Territory
  Historical Gold
  Production:
  14.9 million oz. (3
  million oz. from
  Crocodile Gold
  tenements)




                                                3
Our Assets
                                                             TSX:CRK OTCQX: CROCF


Exploration          Development           Production             Processing
 Burnside           Cosmo                 Howley Trend           Union Reefs Mill
 Pine Creek/Union    underground          open pit mines        2.4M TPA
  Reef                 mine
                                              – Howley &           in operation,
 Maud Creek          initial ore mined        Mottrams            >94% availability
                       Q3 2011
 Moline
                     Pine Creek Area       Yam Creek Trend
 Mt. Bundy                                                       Tom’s Gully Mill
                      open pit mines       open pit mine
 Base Metals                                                      240,000 TPA
                        – International       – Princess
                                                Louise             care and
Exploration             – production                                maintenance
 Potential                upon receipt
                          of permits
>3,300 km2
                     Brocks Creek
                      Rising Tide open
                       pit mine


                                                                                        4
Delivering Quality Production
Through 2011                                                     TSX:CRK OTCQX: CROCF


2011 Key Catalysts
 Production from Cosmo
    – Initial ore Q3 - 2011
    – Will contribute 50% of ounces at full production (800,000 TPA ore)
 Aggressive exploration program (brownfields and greenfields)
 Increasing % of high grade mill feed throughout the year from Princess Louise & Cosmo



   2011 Guidance                 2011 Production                2011 Major Capital
   77,500 to 82,500 oz               Sources                       Investments
        Cash Cost               Open Pits: Howley mines,           Cosmo underground
   US$1,150 - $1,250/oz             Princess Louise
                                                             Union Reefs mill improvements
                                 Underground: Cosmo
                                                                       Exploration

                                                                                          5
Our Growth Strategy
                                                         TSX:CRK OTCQX: CROCF



  Short Term – Focus on higher quality ore
    – Commissioning and Ramp-up of Cosmo underground mine
    – Optimization of the Burnside area
    – New production from the Union Reefs and Pine Creek areas

  Medium Term – Maximize value of gold assets
    –   Increase production from higher grade deposits
    –   Consolidation of assets
    –   Continued significant investment in Exploration on an annual basis
    –   Expansion of processing capabilities - scenario

  Long Term – Explore
    – Development of Maud Creek Deposit
    – Generate value out of the base metal deposits, currently 500,000
      equivalent AU oz. in resource

                                                                             6
Production Pipeline
                                                                   TSX:CRK OTCQX: CROCF



    Generative               Advanced              Development
                                                                          Production
    Exploration             Exploration              Projects

Greenfields            Reserve Extensions      Pine Creek North        Mottrams
 Burnside              Cosmo                   Pine Creek South      North Point
                         Underground
 Moline                                         Maud Creek            Princess Louise
                        Yam Creek Trend
 Maud Creek                                     Cosmo Underground     Cosmo
  Extension             Gandys                                          Underground
                                                 Rising Tide
 Base Metal           Identified Resources
  Potential
                        Union Reefs
Historical Resources     Underground
 Golden Dyke           Bridge Creek,
 The Greeks             Western Arm, Bons
                         Rush, Kazi
 Mt Bonnie
                        Iron Blow
 Moline
                                                                                           7
Exploration
                                                           TSX:CRK OTCQX: CROCF

Strategy
 Growth through greenfields and brownfields exploration

Exploration Goals
 Reserves: Replace & Increase reserves from 650,000 oz
  to 1M oz.
 Resources: Replace & Increase resources from 5M oz to
  6M oz
 Discover “new” precious metal deposits
 Assess the Company’s 3,300km2 land position

2011 Objectives
 $10 - $12 Million budgeted
 Complete 30,000m of diamond drilling, 20,000m of RC
  drilling
 Completed 4,000 line km of VTEM airborne geophysical
  survey
                                                                              8
Strategic Production Growth
  Cost Comparison                                                                                        TSX:CRK OTCQX: CROCF

  Burnside     Burnside                            Cosmo          Prospect    Crosscourse
                                                                                                $1,200                                         7.0
                                                                                                                             Ore Grade (g/t)
   $2.50         $2.50    Mining Cost per Tonne    $44.00          $80.00        $44.00                                                        6.0
                                                                                                $1,000
     3.0          6.5          Strip Ratio           N/A            N/A           N/A
                                                                                                                                               5.0
                          Mining Cost per Tonne                                                  $800
   $10.00       $18.75                             $44.00          $80.00        $44.00
                                  Milled                                                                                                       4.0
   $16.00       $16.00       Processing Cost       $16.00          $16.00        $16.00          $600
                                                                                                                                               3.0
   $8.25        $8.25         Ore Haulage          $8.50           $1.00         $1.00
                                                                                                 $400
                                                                                                                              Cash Cost
                             Site General &                                                                                                    2.0
   $5.00         $5.00                              $5.00           $5.00        $5.00
                             Administration
                                                                                                 $200                                          1.0
   $39.25       $48.00    Total $/Tonne Milled     $73.50           $102          $66
    1.30         1.50       Ore Grade g/t Au         4.50           6.00          4.50             $0                                          0.0
   90.0%        93.0%           Recovery            92.0%          92.0%         92.0%
   $1,043       $1,070       Cost per Ounce         $552           $575          $496




Open Pit Mines               Underground Mine - Cosmo                        Underground Projects Potential
 Provide good margin         Provides leverage of additional high-          Based on existing operating data and projected Cosmo costs
  (>US$500) to current         grade ore leading to significantly lower       Union Reefs UG deposits show excellent potential to deliver
  gold price                   cash costs/oz.                                  low cost ounces to the production profile.
 Lower grade leads to        Will eventually make up 40% of mill                  – High-Grade targets (Prospect & Lady Alice)
  higher cash cost             feed (50% of ounces) which will:                     – Bulk-Ore targets (Crosscourse- “Cosmo Style”)
                                    – Lower overall costs                     Need to expand resources and complete detailed mining
                                    – Improve overall production               studies before deposits can be included in any future
                              Potential for expansion at depth and on         production forecasts
                               West Lodes
                                                                                                                                                     9
Our Growth Strategy
What could CRK look like?                                                              TSX:CRK OTCQX: CROCF


                                                        Strategic Plan
         500                                                                                           $1,500



         400
            Thousands oz.




                                                                                                       $1,000
         300



         200
                                                                                                       $500

         100



           0                                                                                           $0
                            2010   2012          2014            2016       2018        2020

                                   Burnside    Cosmo     UR/Pine Creek    Maud Creek   Cash Cost/oz.


Assuming the following:
 Continued production from Burnside, new production from UR/Pine Creek Surface & UG
 Successful conversion of resources into reserves
 Expansion of processing facilities by 2014
 Permitting, construction and operation of Maud Creek by 2016
                                                                                                                10
Capital Structure &
Price Comparison                                                                                               TSX:CRK OTCQX: CROCF

Share Structure (At September 31, 2011)                                                              $1.80
                                                                                                                  Historical Share Price
                                                                                                     $1.60
Basic:                                                                      310,027,546
                                                                                                     $1.40
Warrants:                                                                     69,499,116             $1.20

Options:                                                                      19,441,204             $1.00
                                                                                                     $0.80
Fully Diluted*:                                                             401,615,366
                                                                                                     $0.60
Market Capitalization:                                                      $183 Million             $0.40

52 Week Trading Range                                                     $0.47 – $1.65
 *Including 2.5 million shares to be issued under the Company Share Compensation Plan




                                                                                                     2.0
Economic Value/oz Au                                  Price to Net Asset Value                                  Price to Net Asset Value
                                                                                                                       Comparison
 EV/oz Au Producer Average =                          Valuation at 0.5x net assets                 1.5
  $US 145/oz                                           Share price trading at a discount
 Crocodile Gold = $US 45/oz                            when compared to peers                       1.0
Source: NBF on June 15, 2011                          Source: Raymond James Updated as of June 14,
                                                      2011
                                                                                                     0.5


Analyst Coverage                                                                                     0.0
                                                                                                             ORA CRK AGI GSC LSG YRI ANO ELD AEM
Cormark Securities  Frasier Mackenzie  Raymond James  Union Securities

                                                                                                                                                   11
Management & Board
                                                                TSX:CRK OTCQX: CROCF


Management                                Board of Directors
Chantal Lavoie, P.Eng.                    Stan Bharti, P.Eng.
  President and Chief Executive Officer     Chairman
                                          Chantal Lavoie P.Eng.
David Keough
  Chief Operating Officer                 George Faught, CA
Steve Woodhead
  Chief Financial Officer                 Mike Hoffman, P.Eng.

Bill Nielsen, P. Geo
                                          Bruce Humphrey, P.Eng.
  Vice President Exploration
Colinda Parent                            Peter Tagliamonte, P.Eng.
  Vice President Business Development
Brianna Davies
  Corporate Secretary



                                                                                   12
Our Investment Advantage
                                                            TSX:CRK OTCQX: CROCF


                   3.175 million ounces M&I and 2.14 million ounces Inferred
    Assets         Over 3,300 km2 land package with proven historical production
                   Financially well positioned to support exploration and production
                   2010 production of 82,000 ounces
  Production       2.4M TPA processing facility
                   Expanding production profile with decreasing cash costs
                   Outstanding potential to discover additional resources
  Exploration      $10-12 million budgeted for exploration efforts in 2011
                   Extensive exploration project and development pipeline

                   Existing Infrastructure (replacement value $200M)
 Infrastructure    Adjacent to major highway and utilities (natural gas and power lines)
                   Road, Rail and Deep Sea Port in close proximity
                   Strong Management Team
   Potential       Positioned for significant growth in the short and long term
                   Exploration strength with excellent JV opportunities

                                                                                            13
Investor Contact Information
                                                                      TSX:CRK OTCQX: CROCF



     Crocodile Gold Corporation
  Chantal Lavoie                                 Investor Relations
  President and CEO                              Rob Hopkins
  416-861-2964                                   416-861-5899
  clavoie@crocgold.com                           info@crocgold.com


  TSX: CRK
  OTCQX: CROCF                                   www.crocgold.com
  FRANKFURT: XGC                                 Find us on
              A Member of the Forbes & Manhattan Group of Companies

                                                                                         14
TSX:CRK OTCQX: CROCF




Additional Information



                                     15
Reserve Summary
December 31, 2010                                                                                                                                        TSX:CRK OTCQX: CROCF


                                                                                                                   PROBABLE MINERAL RESERVE
                                                                                                                                      Gold Grade                                             Ounces
                 Project                                     Deposit                                 Cut-off (g/t)         Tonnes
                                                                                                                                         (g/t)                                                 Gold
                Burnside                                Brocks Creek                                     7.1               34,000         8.6                                                  9,300
                                                        Cosmo Deeps                                      3.1             3,100,000        4.2                                                420,000
                                                           Howley                                        1.0              340,000         1.6                                                 18,000
                                                         North Point                                     1.0               55,000         2.3                                                  4,000
                                                       Princess Louise                                   1.0              200,000         1.5                                                  9,700
                                                          Mottrams                                       1.0              980,000         1.2                                                 39,000
               Pine Creek                                 Kohinoor                                       1.0              290,000         1.9                                                 18,000
                                                             Cox                                         1.0              500,000         1.6                                                 26,000
                                                        International                                    1.0             1,300,000        1.5                                                 65,000
                                                           Gandys                                        1.0              480,000         1.7                                                 26,000
                                                      South Enterprise                                   1.0              420,000         2.0                                                 27,000
                                                           TOTAL                                                         7,699,000        2.7                                                662,000
                                              Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability
                                                                                        Gold Price:      $US1000/oz
                                                                                             $A:$US          0.91

 Note: Mineral Reserves are included in Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Depleted for mining as at December 31, 2010 and does
 not include any depletion for mining since such date.
 The Mineral Reserve estimate was reviewed and optimized by Mark Edwards who is a “qualified person” as such term is defined in National Instrument 43-101 and has supervised the preparation of the technical
 information and data included in this news release. The mineral resource estimate was generated using the following parameters:
 • Models used have been reviewed and optimized by Mark Edwards and Fleur Muller
 • Model technique is Ordinary Kriging, Multiple Indicator Kriging or Inverse Distance (review NI43-101 for more details)
 • Mineralization wireframes conducted on 0.4-2g/t material with a minimum width of 1-2m depending on deposit and mineralization styles
 • High grade top cut used of 2-40g/t depending on statistical review of sample results
 • 1m metre samples with core half core or split RC samples used in models
 • Samples were generally submitted to NAL and analyzed using 50g fire assay with AAS finish, some samples were submitted to umpire laboratory for QAQC purposes




                                                                                                                                                                                                                 16
Resource Summary
December 31, 2010                                                                                                               TSX:CRK OTCQX: CROCF


                                                            M+I MINERAL RESOURCE                                     INFERRED MINERAL RESOURCE
                     Project                      Tonnes          Gold Grade (g/t) Ounces Gold
                                                                                                                Tonnes   Gold Grade (g/t) Ounces Gold
                                 A
                 Mt Bundy*                     20,241,000                  1.0                664,800         10,513,000       1.0          350,800
                 Burnside*                     16,553,330                  2.4               1,268,500        18,679,800       2.2         1,323,200
                 Union Reefs                     239,000                   2.4                 18,200         3,740,000                1.7                204,200
                  Pine Creek                    5,528,000                  1.6                288,600         2,347,000                2.4                183,200
                Maud Creek*                     9,288,000                  3.1                935,000         1,072,000                2.4                 82,000
       Total                                   51,849,330                 1.9                3,175,100        36,351,800               1.8               2,143,400
        *Includes Underground Resources
        A
          Crocodile Gold holes 80% interest in the Rustlers Roost deposit which is included in this Project

        Please Note: Mineral Resources include Mineral Reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to
        the uncertainty of measured, indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves.

        Calculated at a gold price of US$1,000>/oz and exchange rate of $A0.91:US$1.00 ) and contained within optimizing pit shells using current operating costs


                                                  MINERAL RESOURCE STATEMENT (Other Commodities)
                                                                              INFERRED MINERAL RESOURCE
               Project                     Deposit     Commodity      Cut-off       Tonnes     Grade (ppm)                                          Contained metal
                                                          Lead       1.0g/t Au     3,175,000      7,595                                            53,163,000 pounds
                                        Iron Blow          Zinc      1.0g/t Au     3,175,000      32,823                                          229,750,000 pounds
              Burnside                                    Silver     1.0g/t Au     3,175,000       101                                             10,200,000 ounces
                                                   C
                                        Thunderball     Uranium       200ppm        316,800        796                                              556,000 pounds
 C
     Crocodile Gold has a 30% free carried interest in this deposit


                                                                                                                                                                       17
Our Assets
Burnside – Howley Trend   TSX:CRK OTCQX: CROCF




                                             18
Burnside - Howley Trend
2011/12 Production - Open Pit                         TSX:CRK OTCQX: CROCF


Howley Pit
 Successfully completed mining in Q2
  2011
 Possible extension – West Howley being
  investigated


Mottrams Pit
 Initiated production in Q2 2011,           Howley Pit and Ore ROM Pad
  transitioning from Howley pit
 Main open pit feed for remainder of
  2011

Optimizing the operations
 Increasing equipment fleet in H2 2011
 Current plan is to have >400,000t of
  stockpile material in place prior to the
  next wet season.
                                             Mottrams Pit – Looking West   19
Burnside – New Production
2011/12 Production - Open Pit                        TSX:CRK OTCQX: CROCF


Princess Louise Pit
 Initiated production in Q3 of 2011
 Will contribute to improving open pit mine
  grade for the remainder of 2011 and going into
  2012


North Point Pit                                    Princess Louise Open Pit
 Production scheduled for 2012



Rising Tide Pit
 Production schedule for 2012, possibly earlier
 Main open pit feed for 2012



                                                   Rising Tide Open Pit
                                                                              20
Burnside – Howley Trend
 Cosmo Dewatering Progress                  TSX:CRK OTCQX: CROCF


Cosmo Pit Dewatering
 On schedule for completion in Q3
  2011
 By October 2011, a total of 5.7 Glitres
  of water will have been pumped out.
 Once dewatering is complete,
  underground production will begin



Way forward
 Surge capacity & Infrastructure in
  place to address the upcoming wet
  season.




                                                               21
Burnside – Howley Trend
Development - Cosmo            TSX:CRK OTCQX: CROCF



Underground Mine
 Target production of
  800,000 TPA
 Initial ore Q3, 2011
 Ramp-up to full production
  in 2012


East Lodes - Reserves
& Resources
 Main focus of initial
  production
 Expansion potential at
  depth




                                                  22
Burnside - Howley Trend
  Development - Cosmo                                        TSX:CRK OTCQX: CROCF

West Lodes - Resources
• Significant potential for expansion
• Present development plan limited to near surface portion
• Infrastructure design to handle future development




                                                                                23
Burnside - Howley Trend
Cosmo Underground Development    TSX:CRK OTCQX: CROCF




                 Western
                 Lodes


 3D Isometric View & Composite
 Development Plan
                                                    24
Pine Creek/Union Reefs
New Production - 2012                                       TSX:CRK OTCQX: CROCF

Improving the cost profile
 Production close to Union Reefs mill with minimum
  transport cost
 Potential for both surface and underground mines,
  higher grade ore


Pine Creek – International Open Pit
 In the permitting process
 Potential to add to 2012 production profile.


Union Reefs – Underground Ore Bodies
 Located on granted mining lease and ability to bring in
  to production very quickly
 Next to the process plant so essentially no trucking
  costs
 Several high grade intersections over 3 distinct ore
  bodies (Prospect, Lady Alice, Crosscourse)
                                                                               25
Pine Creek/Union Reefs
Potential High Grade Deposits                  TSX:CRK OTCQX: CROCF


                 Historical Production/Intercepts:
                 Union Reefs = 800,000 oz Au
                 Pine Creek = 750,000 oz Au
                 Significant potential to increase existing resources

                 Union North:                    Lady Alice:
                 3m @ 24.56 g/t Au               5m @ 31.97 g/t Au
                                                 3m @ 45.10 g/t Au


                                 Prospect Claim:
                                  3m @ 37.50 g/t Au
                                  4m @ 27.00 g/t Au


                 Crosscourse – “Cosmo” scale target:
                 11m @ 6.60g/t Au       19m @ 10.62 g/t Au
                 36m @ 4.10 g/t Au       9m @ 24.40 g/t Au
                 16m @ 6.00 g/t Au       9m @ 4.00 g/t Au
                                         8m @ 10.16 g/t Au
                                                                        26
Exploration
Regional Program                                     TSX:CRK OTCQX: CROCF

Airborne Geophysics
 More than 4,000 line km’s completed of
  AEM and magnetometer survey
 Geotech VTEM system- state of the art
 Includes Moline and Maud Creek tenements
 Ground follow-up of individual targets
  underway
Review of historical information
 Major database compilation in progress of
  all past work including government files
 Will ultimately be able to access and
  manipulate all past geochemical and
  geophysical surveys. Tens of thousands of
  geochemical sample results available.
 It is anticipated that thousands of past drill
  holes with assays and logs will be found and
  incorporated into the database
 Acquired high resolution satellite imagery
  for all areas                                    Airborne Geophysical
                                                       Survey Areas       27
Exploration
Three Key Areas   TSX:CRK OTCQX: CROCF



Burnside




Union Reefs-
Pine Creek




Maud Creek



                                     28
Exploration
Burnside Area                       TSX:CRK OTCQX: CROCF

Reserves & Resources
• 1.2M oz of Measured &
  Indicated
• 1.3M oz of Inferred


Howley Trend:
 a 25 km long structure with
  additional deposits of interest
 Includes Cosmo Underground
  and Howley Open Pits

Eastern Side
 Similar trend with known
  deposits – past production
 Presence of base metal
  deposits with significant
  precious metal content
 Cosmo look-a-likes                                   29
Exploration
Union Reefs/Pine Creek area           TSX:CRK OTCQX: CROCF


Reserves & Resources
• 306,800 oz of Measured &
  Indicated
• 387,400 oz of Inferred



Potential
 New targets adjacent to Union
  Reefs Mill
 Potential for near term, low cost
  production
 2011 focus on shallow and near
  surface deposits




                                                         30
Exploration – Strategic Assets
Gold Deposits - Maud Creek                        TSX:CRK OTCQX: CROCF

Previously Mined 173,600t @3.32g/t Au for
18,500oz
Resources
 Indicated - 9,288,000t @ 3.1g/t Au for
  935,000oz
 Greater than 4.5g/t Au – 3.1 Mt @ 6.3 g/t for
  628,000oz
 Inferred - 1,072,000t @2.4g/t Au for 82,000oz
  (using a 1.0g/t Au cut-off)

                                                            Maud Creek
Future Development                                       Optimized Pit Shell
 Partially refractory – metallurgical testing
  indicates 90-95% recovery by flotation with
  concentrates grading 6 opt.
 Near the town of Katherine – 8km haul road
  to paved highway                                     Typical Section
 Significantly expanded land position
                                                     Maud Creek Deposit
 North south trending, good widths, excellent
  configuration for underground mining                                    31
Exploration
Other Key Strategic Assets   TSX:CRK OTCQX: CROCF




Massive Sulphide
Deposits

 Iron Blow
 Mount Bonnie

Gold Deposits

 Mt. Bundy
 Moline

Uranium Deposits
 Thunderball

                                                32
Exploration – Strategic Assets
   Massive Sulfide Deposits                                                                                                                                                    TSX:CRK OTCQX: CROCF


     Mount Bonnie                                                                                                             Iron Blow
    Historic Resource*                                                                                                        Historic Production
   650,000t - 1.7g/t Au, 279g/t Ag = Au eq 9.3g/t or                                                                     10,000t oxide @ 9g/t Au and 250g/t Ag = Au eq
    194,000oz                                                                                                              15.8g
   plus 9% Zn, 2% Pb, 0.5% Cu                                                                                            25,000t sulphide (supergene) @ 7g/t Au and
                                                                                                                           360g/t Ag = Au eq 17g
    Oxide Cap previously mined
                                                                                                                          Total production Au eq = 18,747oz
   110,000t @ 7g/t Au and 230g/t Ag
                                                                                                                              Current Inferred Resources
   Au eq = 13.3g/t Au or 47,000oz Au
                                                                                                                          3,175,000t @ 2.1g/t Au, 101g/t Ag, 3.3% Zn,
       Aeromagnetics- tilt derivative
                                                                                                                           0.76% Pb, 0.19% Cu
                                                                                                                          Au eq = 4.85g or 495,000oz
                                                                                                                                                   (only Au and Ag considered)




* “Gold Deposits of the Northern Territory” by Ahmad, Wygralak and Ferenczi, 2009. A qualified person has not done sufficient work to classify this historical estimate as current mineral
resources or mineral reserves. Crocodile Gold is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon.
Crocodile Gold believes with minimal confirmatory drilling this historic resource information could be included in the Mineral Resource inventory.

                                                                                                                                                                                                  33
Exploration
Mount Bundy Area                   TSX:CRK OTCQX: CROCF


Reserves & Resources
 664,800 oz of M&I
 350,800 oz of Inferred


Infrastructure:
 Tom’s Gully mill, presently on
  Care & Maintenance


Deposits
 Tom’s Gully
 Mt Bundy (Rustler’s Roost)
 Quest 29


Way Forward
 Evaluating possible divestment
                                                      34
Forward Looking Statements
                                                                                                                         TSX:CRK OTCQX: CROCF

This presentation contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements
with respect to the development potential and timetable of the projects; the Company‟s ability to raise additional funds as necessary; the future price of gold; the
estimation of mineral resources; conclusions of economic evaluation (including scoping studies); the realization of mineral resource estimates; the timing and amount
of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or
processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the
date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based on assumptions underlying mineral
resource estimates and the realization of such estimates; results of previous mining activities at the projects, and detailed research and analysis completed by
independent of the Company; research and estimates regarding the timing of delivery for long-lead items; knowledge regarding the factors consultants and
management involved in building a mine and other factors described in the technical reports and Annual Information Form filed under the profile of the Company on
SEDAR. Capital and operating cost estimates are based on results of previous mining activities, research of the Company and independent consultants, recent
estimates of construction and mining costs and other factors that are set out in the scoping study. Production estimates are based on mine plans and production
schedules, which have been developed by the Company‟s personnel and independent consultants. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from
those expressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external financing on acceptable
terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery rates; receipt and revocation of government
approvals; actual results of exploration and mining activities; changes in project parameters as plans continue to be refined; future prices of gold; failure of plant,
equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry. Although management of the Company has
attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. The Company does not undertake to update any forward-looking statements except in accordance with applicable securities laws.
Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral
resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured,
indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves.
Non-GAAP Measures
Crocodile Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should
not be considered in isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards.
“Cash Cost per Ounce” is a non-GAAP performance measure which could provide an indication of the mining and processing efficiency at the operations. It is
determined by dividing the operating expenses, excluding stock-based compensation allocated to the operating expense and next of silver revenue, by the number of
ounces of gold sold. There are variations in the method of computation of „cash cost per ounce” as determined by the Company compared with other mining
companies.
Qualified Person
David Keough, MAusIMM of Crocodile Gold Australia Operations is a “qualified person” as such term is defined in National Instrument 43-101 and has reviewed and
approved the technical information and data included in this presentation.
Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources
The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while such terms are
recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize these terms. “Inferred mineral
resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of
feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be
converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically
or legally mineable.
                                                                                                                                                                            35

Weitere ähnliche Inhalte

Was ist angesagt?

The AK6 kimberlite - discovery through to production learning the lessons of ...
The AK6 kimberlite - discovery through to production learning the lessons of ...The AK6 kimberlite - discovery through to production learning the lessons of ...
The AK6 kimberlite - discovery through to production learning the lessons of ...James AH Campbell
 
Deep South Resources Presentation September 2017
Deep South Resources Presentation September 2017Deep South Resources Presentation September 2017
Deep South Resources Presentation September 2017MomentumPR
 
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAE
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAEChromite Presentation Global Chrome Ore Forum April 2011, Dubai UAE
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAEAdnet Communications
 
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...Ryan Fletcher
 
Building the iron dragon: exploring for iron ore in Bolivia
Building the iron dragon: exploring for iron ore in BoliviaBuilding the iron dragon: exploring for iron ore in Bolivia
Building the iron dragon: exploring for iron ore in BoliviaObjective Capital Conferences
 

Was ist angesagt? (10)

Daniel heron bindra thusu
Daniel heron bindra thusuDaniel heron bindra thusu
Daniel heron bindra thusu
 
Rmc jan2012 v2
Rmc jan2012 v2Rmc jan2012 v2
Rmc jan2012 v2
 
The AK6 kimberlite - discovery through to production learning the lessons of ...
The AK6 kimberlite - discovery through to production learning the lessons of ...The AK6 kimberlite - discovery through to production learning the lessons of ...
The AK6 kimberlite - discovery through to production learning the lessons of ...
 
Deep South Resources Presentation September 2017
Deep South Resources Presentation September 2017Deep South Resources Presentation September 2017
Deep South Resources Presentation September 2017
 
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAE
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAEChromite Presentation Global Chrome Ore Forum April 2011, Dubai UAE
Chromite Presentation Global Chrome Ore Forum April 2011, Dubai UAE
 
Golden dawn presentation_2010_4
Golden dawn presentation_2010_4Golden dawn presentation_2010_4
Golden dawn presentation_2010_4
 
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...
News Release: Montan Capital Corp. and Strait Minerals Inc. Announce Merger t...
 
Building the iron dragon: exploring for iron ore in Bolivia
Building the iron dragon: exploring for iron ore in BoliviaBuilding the iron dragon: exploring for iron ore in Bolivia
Building the iron dragon: exploring for iron ore in Bolivia
 
The Republic of Yemen Petroleum Overview
The Republic of Yemen Petroleum OverviewThe Republic of Yemen Petroleum Overview
The Republic of Yemen Petroleum Overview
 
OIL AND GAS PROSPECT IN THE YEMENI SECTOR OF THE RUB AL-KHALI BASIN
OIL AND GAS PROSPECT IN THE YEMENI SECTOR OF THE RUB AL-KHALI BASINOIL AND GAS PROSPECT IN THE YEMENI SECTOR OF THE RUB AL-KHALI BASIN
OIL AND GAS PROSPECT IN THE YEMENI SECTOR OF THE RUB AL-KHALI BASIN
 

Ähnlich wie Crocodile Gold October 2011

Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold
 
Crocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold ProducerCrocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold ProducerCrocodile Gold
 
Reservoir minerals inc july 19 2012 v001 g90s48
Reservoir minerals inc  july 19 2012 v001 g90s48Reservoir minerals inc  july 19 2012 v001 g90s48
Reservoir minerals inc july 19 2012 v001 g90s48reservoirminerals
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012reservoirminerals
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012reservoirminerals
 
Crk marketing pres european gold forum 2011
Crk marketing pres   european gold forum 2011Crk marketing pres   european gold forum 2011
Crk marketing pres european gold forum 2011Crocodile Gold
 
Crocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold
 
Crocodile Gold Corporate Presentation September 2011
Crocodile Gold Corporate Presentation September 2011 Crocodile Gold Corporate Presentation September 2011
Crocodile Gold Corporate Presentation September 2011 Crocodile Gold
 
Marifil Mines Corporate Presentation
Marifil Mines Corporate Presentation Marifil Mines Corporate Presentation
Marifil Mines Corporate Presentation Viral Network Inc
 
49 North Resource Conference
49 North Resource Conference49 North Resource Conference
49 North Resource ConferenceLake Shore Gold
 
Canada Silver Corporate Presentation- July 2020
Canada Silver Corporate Presentation- July 2020Canada Silver Corporate Presentation- July 2020
Canada Silver Corporate Presentation- July 2020MomentumPR
 
Www eteligis com_view_submission_aspx_submissionrequest_25162
Www eteligis com_view_submission_aspx_submissionrequest_25162Www eteligis com_view_submission_aspx_submissionrequest_25162
Www eteligis com_view_submission_aspx_submissionrequest_25162VengefulSign334
 
Seafield Resources Ltd - June 2012
Seafield Resources Ltd - June 2012Seafield Resources Ltd - June 2012
Seafield Resources Ltd - June 2012sffresources
 
Canada silver cobalt - CCW updated presentation june 2020
Canada silver cobalt - CCW updated presentation june 2020Canada silver cobalt - CCW updated presentation june 2020
Canada silver cobalt - CCW updated presentation june 2020MomentumPR
 
Crocodile Gold Corporate Presentation August 15, 2011
Crocodile Gold Corporate Presentation August 15, 2011Crocodile Gold Corporate Presentation August 15, 2011
Crocodile Gold Corporate Presentation August 15, 2011Crocodile Gold
 
Stockport
StockportStockport
StockportJMegann
 
Crocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold
 
Clifton Star Formal Report by FCS (Mar 2009) web
Clifton Star Formal Report by FCS (Mar 2009) webClifton Star Formal Report by FCS (Mar 2009) web
Clifton Star Formal Report by FCS (Mar 2009) webRonald Wortel
 
Objective Capital Global Mining Investment Conference - North America: Stephe...
Objective Capital Global Mining Investment Conference - North America: Stephe...Objective Capital Global Mining Investment Conference - North America: Stephe...
Objective Capital Global Mining Investment Conference - North America: Stephe...Objective Capital Conferences
 

Ähnlich wie Crocodile Gold October 2011 (20)

Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)Crocodile Gold Investor Presentation (June 24, 2011)
Crocodile Gold Investor Presentation (June 24, 2011)
 
Crocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold ProducerCrocodile Gold: Up and Coming Australian Gold Producer
Crocodile Gold: Up and Coming Australian Gold Producer
 
Reservoir minerals inc july 19 2012 v001 g90s48
Reservoir minerals inc  july 19 2012 v001 g90s48Reservoir minerals inc  july 19 2012 v001 g90s48
Reservoir minerals inc july 19 2012 v001 g90s48
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012
 
Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012Reservoir Minerals Presentation - October 2012
Reservoir Minerals Presentation - October 2012
 
Crk marketing pres european gold forum 2011
Crk marketing pres   european gold forum 2011Crk marketing pres   european gold forum 2011
Crk marketing pres european gold forum 2011
 
Crocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold Investor Presentation
Crocodile Gold Investor Presentation
 
Crocodile Gold Corporate Presentation September 2011
Crocodile Gold Corporate Presentation September 2011 Crocodile Gold Corporate Presentation September 2011
Crocodile Gold Corporate Presentation September 2011
 
Marifil Mines Corporate Presentation
Marifil Mines Corporate Presentation Marifil Mines Corporate Presentation
Marifil Mines Corporate Presentation
 
49 North Resource Conference
49 North Resource Conference49 North Resource Conference
49 North Resource Conference
 
Canada Silver Corporate Presentation- July 2020
Canada Silver Corporate Presentation- July 2020Canada Silver Corporate Presentation- July 2020
Canada Silver Corporate Presentation- July 2020
 
Www eteligis com_view_submission_aspx_submissionrequest_25162
Www eteligis com_view_submission_aspx_submissionrequest_25162Www eteligis com_view_submission_aspx_submissionrequest_25162
Www eteligis com_view_submission_aspx_submissionrequest_25162
 
Seafield Resources Ltd - June 2012
Seafield Resources Ltd - June 2012Seafield Resources Ltd - June 2012
Seafield Resources Ltd - June 2012
 
Canada silver cobalt - CCW updated presentation june 2020
Canada silver cobalt - CCW updated presentation june 2020Canada silver cobalt - CCW updated presentation june 2020
Canada silver cobalt - CCW updated presentation june 2020
 
Claude Resources Inc. Fact Sheet
Claude Resources Inc. Fact SheetClaude Resources Inc. Fact Sheet
Claude Resources Inc. Fact Sheet
 
Crocodile Gold Corporate Presentation August 15, 2011
Crocodile Gold Corporate Presentation August 15, 2011Crocodile Gold Corporate Presentation August 15, 2011
Crocodile Gold Corporate Presentation August 15, 2011
 
Stockport
StockportStockport
Stockport
 
Crocodile Gold Investor Presentation
Crocodile Gold Investor PresentationCrocodile Gold Investor Presentation
Crocodile Gold Investor Presentation
 
Clifton Star Formal Report by FCS (Mar 2009) web
Clifton Star Formal Report by FCS (Mar 2009) webClifton Star Formal Report by FCS (Mar 2009) web
Clifton Star Formal Report by FCS (Mar 2009) web
 
Objective Capital Global Mining Investment Conference - North America: Stephe...
Objective Capital Global Mining Investment Conference - North America: Stephe...Objective Capital Global Mining Investment Conference - North America: Stephe...
Objective Capital Global Mining Investment Conference - North America: Stephe...
 

Mehr von Crocodile Gold

Corporate Presentation October 2014 Update
Corporate Presentation October 2014 UpdateCorporate Presentation October 2014 Update
Corporate Presentation October 2014 UpdateCrocodile Gold
 
October 2014 Corporate Presentation
October 2014 Corporate PresentationOctober 2014 Corporate Presentation
October 2014 Corporate PresentationCrocodile Gold
 
Crocodile Gold Corporate Presentation September 2014
Crocodile Gold Corporate Presentation September 2014Crocodile Gold Corporate Presentation September 2014
Crocodile Gold Corporate Presentation September 2014Crocodile Gold
 
August 2014 Corporate Presentation
August 2014 Corporate PresentationAugust 2014 Corporate Presentation
August 2014 Corporate PresentationCrocodile Gold
 
Corporate Presentation July 2014
Corporate Presentation July 2014Corporate Presentation July 2014
Corporate Presentation July 2014Crocodile Gold
 
July 2014 Corporate Presentation
July 2014 Corporate PresentationJuly 2014 Corporate Presentation
July 2014 Corporate PresentationCrocodile Gold
 
Crocodile Gold AGM Presentation from June 5, 2014
Crocodile Gold AGM Presentation from June 5, 2014Crocodile Gold AGM Presentation from June 5, 2014
Crocodile Gold AGM Presentation from June 5, 2014Crocodile Gold
 
Crocodile Gold Corporate Presentation May 2014
Crocodile Gold Corporate Presentation May 2014Crocodile Gold Corporate Presentation May 2014
Crocodile Gold Corporate Presentation May 2014Crocodile Gold
 
Corporate Presentation May 2014
Corporate Presentation May 2014Corporate Presentation May 2014
Corporate Presentation May 2014Crocodile Gold
 
Corporate Presentation April 2014
Corporate Presentation April 2014Corporate Presentation April 2014
Corporate Presentation April 2014Crocodile Gold
 
March 2014 Corporate Presentation
March 2014 Corporate PresentationMarch 2014 Corporate Presentation
March 2014 Corporate PresentationCrocodile Gold
 
Crocodile Gold Corporate March 2014
Crocodile Gold Corporate March 2014Crocodile Gold Corporate March 2014
Crocodile Gold Corporate March 2014Crocodile Gold
 
March 2014 Corporate Presentation
March 2014 Corporate PresentationMarch 2014 Corporate Presentation
March 2014 Corporate PresentationCrocodile Gold
 
Corporate Presentation February 2014
Corporate Presentation February 2014Corporate Presentation February 2014
Corporate Presentation February 2014Crocodile Gold
 
January 2014 Crocodile Gold Corporate Presentation
January 2014 Crocodile Gold Corporate PresentationJanuary 2014 Crocodile Gold Corporate Presentation
January 2014 Crocodile Gold Corporate PresentationCrocodile Gold
 
Corporate Presentation December 2013
Corporate Presentation December 2013Corporate Presentation December 2013
Corporate Presentation December 2013Crocodile Gold
 
Crocodile Gold Corporate Presentation November 2013
Crocodile Gold Corporate Presentation November 2013Crocodile Gold Corporate Presentation November 2013
Crocodile Gold Corporate Presentation November 2013Crocodile Gold
 
Corporate Presentation September 2013
Corporate Presentation September 2013Corporate Presentation September 2013
Corporate Presentation September 2013Crocodile Gold
 
Corporate Presentation August 2013
Corporate Presentation August 2013Corporate Presentation August 2013
Corporate Presentation August 2013Crocodile Gold
 
Corporate Presentation July 2013
Corporate Presentation July 2013Corporate Presentation July 2013
Corporate Presentation July 2013Crocodile Gold
 

Mehr von Crocodile Gold (20)

Corporate Presentation October 2014 Update
Corporate Presentation October 2014 UpdateCorporate Presentation October 2014 Update
Corporate Presentation October 2014 Update
 
October 2014 Corporate Presentation
October 2014 Corporate PresentationOctober 2014 Corporate Presentation
October 2014 Corporate Presentation
 
Crocodile Gold Corporate Presentation September 2014
Crocodile Gold Corporate Presentation September 2014Crocodile Gold Corporate Presentation September 2014
Crocodile Gold Corporate Presentation September 2014
 
August 2014 Corporate Presentation
August 2014 Corporate PresentationAugust 2014 Corporate Presentation
August 2014 Corporate Presentation
 
Corporate Presentation July 2014
Corporate Presentation July 2014Corporate Presentation July 2014
Corporate Presentation July 2014
 
July 2014 Corporate Presentation
July 2014 Corporate PresentationJuly 2014 Corporate Presentation
July 2014 Corporate Presentation
 
Crocodile Gold AGM Presentation from June 5, 2014
Crocodile Gold AGM Presentation from June 5, 2014Crocodile Gold AGM Presentation from June 5, 2014
Crocodile Gold AGM Presentation from June 5, 2014
 
Crocodile Gold Corporate Presentation May 2014
Crocodile Gold Corporate Presentation May 2014Crocodile Gold Corporate Presentation May 2014
Crocodile Gold Corporate Presentation May 2014
 
Corporate Presentation May 2014
Corporate Presentation May 2014Corporate Presentation May 2014
Corporate Presentation May 2014
 
Corporate Presentation April 2014
Corporate Presentation April 2014Corporate Presentation April 2014
Corporate Presentation April 2014
 
March 2014 Corporate Presentation
March 2014 Corporate PresentationMarch 2014 Corporate Presentation
March 2014 Corporate Presentation
 
Crocodile Gold Corporate March 2014
Crocodile Gold Corporate March 2014Crocodile Gold Corporate March 2014
Crocodile Gold Corporate March 2014
 
March 2014 Corporate Presentation
March 2014 Corporate PresentationMarch 2014 Corporate Presentation
March 2014 Corporate Presentation
 
Corporate Presentation February 2014
Corporate Presentation February 2014Corporate Presentation February 2014
Corporate Presentation February 2014
 
January 2014 Crocodile Gold Corporate Presentation
January 2014 Crocodile Gold Corporate PresentationJanuary 2014 Crocodile Gold Corporate Presentation
January 2014 Crocodile Gold Corporate Presentation
 
Corporate Presentation December 2013
Corporate Presentation December 2013Corporate Presentation December 2013
Corporate Presentation December 2013
 
Crocodile Gold Corporate Presentation November 2013
Crocodile Gold Corporate Presentation November 2013Crocodile Gold Corporate Presentation November 2013
Crocodile Gold Corporate Presentation November 2013
 
Corporate Presentation September 2013
Corporate Presentation September 2013Corporate Presentation September 2013
Corporate Presentation September 2013
 
Corporate Presentation August 2013
Corporate Presentation August 2013Corporate Presentation August 2013
Corporate Presentation August 2013
 
Corporate Presentation July 2013
Corporate Presentation July 2013Corporate Presentation July 2013
Corporate Presentation July 2013
 

Kürzlich hochgeladen

The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxheathfieldcps1
 
How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17Celine George
 
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptxClinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptxraviapr7
 
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdf
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdfMaximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdf
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdfTechSoup
 
How to Solve Singleton Error in the Odoo 17
How to Solve Singleton Error in the  Odoo 17How to Solve Singleton Error in the  Odoo 17
How to Solve Singleton Error in the Odoo 17Celine George
 
Quality Assurance_GOOD LABORATORY PRACTICE
Quality Assurance_GOOD LABORATORY PRACTICEQuality Assurance_GOOD LABORATORY PRACTICE
Quality Assurance_GOOD LABORATORY PRACTICESayali Powar
 
Benefits & Challenges of Inclusive Education
Benefits & Challenges of Inclusive EducationBenefits & Challenges of Inclusive Education
Benefits & Challenges of Inclusive EducationMJDuyan
 
How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17Celine George
 
How to Add a many2many Relational Field in Odoo 17
How to Add a many2many Relational Field in Odoo 17How to Add a many2many Relational Field in Odoo 17
How to Add a many2many Relational Field in Odoo 17Celine George
 
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRADUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRATanmoy Mishra
 
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptx
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptxPractical Research 1: Lesson 8 Writing the Thesis Statement.pptx
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptxKatherine Villaluna
 
Education and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxEducation and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxraviapr7
 
Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.EnglishCEIPdeSigeiro
 
UKCGE Parental Leave Discussion March 2024
UKCGE Parental Leave Discussion March 2024UKCGE Parental Leave Discussion March 2024
UKCGE Parental Leave Discussion March 2024UKCGE
 
How to Add a New Field in Existing Kanban View in Odoo 17
How to Add a New Field in Existing Kanban View in Odoo 17How to Add a New Field in Existing Kanban View in Odoo 17
How to Add a New Field in Existing Kanban View in Odoo 17Celine George
 
Diploma in Nursing Admission Test Question Solution 2023.pdf
Diploma in Nursing Admission Test Question Solution 2023.pdfDiploma in Nursing Admission Test Question Solution 2023.pdf
Diploma in Nursing Admission Test Question Solution 2023.pdfMohonDas
 
CapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapitolTechU
 
Philosophy of Education and Educational Philosophy
Philosophy of Education  and Educational PhilosophyPhilosophy of Education  and Educational Philosophy
Philosophy of Education and Educational PhilosophyShuvankar Madhu
 
Patterns of Written Texts Across Disciplines.pptx
Patterns of Written Texts Across Disciplines.pptxPatterns of Written Texts Across Disciplines.pptx
Patterns of Written Texts Across Disciplines.pptxMYDA ANGELICA SUAN
 

Kürzlich hochgeladen (20)

The basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptxThe basics of sentences session 10pptx.pptx
The basics of sentences session 10pptx.pptx
 
How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17How to Add Existing Field in One2Many Tree View in Odoo 17
How to Add Existing Field in One2Many Tree View in Odoo 17
 
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptxClinical Pharmacy  Introduction to Clinical Pharmacy, Concept of clinical pptx
Clinical Pharmacy Introduction to Clinical Pharmacy, Concept of clinical pptx
 
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdf
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdfMaximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdf
Maximizing Impact_ Nonprofit Website Planning, Budgeting, and Design.pdf
 
How to Solve Singleton Error in the Odoo 17
How to Solve Singleton Error in the  Odoo 17How to Solve Singleton Error in the  Odoo 17
How to Solve Singleton Error in the Odoo 17
 
Quality Assurance_GOOD LABORATORY PRACTICE
Quality Assurance_GOOD LABORATORY PRACTICEQuality Assurance_GOOD LABORATORY PRACTICE
Quality Assurance_GOOD LABORATORY PRACTICE
 
Benefits & Challenges of Inclusive Education
Benefits & Challenges of Inclusive EducationBenefits & Challenges of Inclusive Education
Benefits & Challenges of Inclusive Education
 
How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17How to Show Error_Warning Messages in Odoo 17
How to Show Error_Warning Messages in Odoo 17
 
How to Add a many2many Relational Field in Odoo 17
How to Add a many2many Relational Field in Odoo 17How to Add a many2many Relational Field in Odoo 17
How to Add a many2many Relational Field in Odoo 17
 
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRADUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
DUST OF SNOW_BY ROBERT FROST_EDITED BY_ TANMOY MISHRA
 
Prelims of Kant get Marx 2.0: a general politics quiz
Prelims of Kant get Marx 2.0: a general politics quizPrelims of Kant get Marx 2.0: a general politics quiz
Prelims of Kant get Marx 2.0: a general politics quiz
 
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptx
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptxPractical Research 1: Lesson 8 Writing the Thesis Statement.pptx
Practical Research 1: Lesson 8 Writing the Thesis Statement.pptx
 
Education and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptxEducation and training program in the hospital APR.pptx
Education and training program in the hospital APR.pptx
 
Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.Easter in the USA presentation by Chloe.
Easter in the USA presentation by Chloe.
 
UKCGE Parental Leave Discussion March 2024
UKCGE Parental Leave Discussion March 2024UKCGE Parental Leave Discussion March 2024
UKCGE Parental Leave Discussion March 2024
 
How to Add a New Field in Existing Kanban View in Odoo 17
How to Add a New Field in Existing Kanban View in Odoo 17How to Add a New Field in Existing Kanban View in Odoo 17
How to Add a New Field in Existing Kanban View in Odoo 17
 
Diploma in Nursing Admission Test Question Solution 2023.pdf
Diploma in Nursing Admission Test Question Solution 2023.pdfDiploma in Nursing Admission Test Question Solution 2023.pdf
Diploma in Nursing Admission Test Question Solution 2023.pdf
 
CapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptxCapTechU Doctoral Presentation -March 2024 slides.pptx
CapTechU Doctoral Presentation -March 2024 slides.pptx
 
Philosophy of Education and Educational Philosophy
Philosophy of Education  and Educational PhilosophyPhilosophy of Education  and Educational Philosophy
Philosophy of Education and Educational Philosophy
 
Patterns of Written Texts Across Disciplines.pptx
Patterns of Written Texts Across Disciplines.pptxPatterns of Written Texts Across Disciplines.pptx
Patterns of Written Texts Across Disciplines.pptx
 

Crocodile Gold October 2011

  • 1. Accelerating Our Growth and Exploration TSX: CRK OTCQX: CROCF OCTOBER 2011 FRANKFURT: XGC
  • 2. Our Investment Advantage TSX:CRK OTCQX: CROCF  3.175 million ounces M&I and 2.14 million ounces Inferred Assets  Over 3,300 km2 land package with proven historical production  Financially well positioned to support exploration and production  2010 production of 82,000 ounces Production  2.4M TPA processing facility  Expanding production profile with decreasing cash costs  Outstanding potential to discover additional resources Exploration  $10-12 million budgeted for exploration efforts in 2011  Extensive exploration project and development pipeline  Existing infrastructure (replacement value $200M) Infrastructure  Adjacent to major highway and utilities (natural gas and power lines)  Road, rail and deep sea port in close proximity  Strong management team Potential  Positioned for significant growth in the short and long term  Exploration strength with excellent JV opportunities 2
  • 3. Location & Infrastructure Northern Australia TSX:CRK OTCQX: CROCF  Total Surface area: 3,300km2  Northern Territory Historical Gold Production: 14.9 million oz. (3 million oz. from Crocodile Gold tenements) 3
  • 4. Our Assets TSX:CRK OTCQX: CROCF Exploration Development Production Processing  Burnside Cosmo Howley Trend Union Reefs Mill  Pine Creek/Union  underground  open pit mines  2.4M TPA Reef mine – Howley &  in operation,  Maud Creek  initial ore mined Mottrams >94% availability Q3 2011  Moline Pine Creek Area Yam Creek Trend  Mt. Bundy Tom’s Gully Mill  open pit mines  open pit mine  Base Metals  240,000 TPA – International – Princess Louise  care and Exploration – production maintenance Potential upon receipt of permits >3,300 km2 Brocks Creek  Rising Tide open pit mine 4
  • 5. Delivering Quality Production Through 2011 TSX:CRK OTCQX: CROCF 2011 Key Catalysts  Production from Cosmo – Initial ore Q3 - 2011 – Will contribute 50% of ounces at full production (800,000 TPA ore)  Aggressive exploration program (brownfields and greenfields)  Increasing % of high grade mill feed throughout the year from Princess Louise & Cosmo 2011 Guidance 2011 Production 2011 Major Capital 77,500 to 82,500 oz Sources Investments Cash Cost Open Pits: Howley mines, Cosmo underground US$1,150 - $1,250/oz Princess Louise Union Reefs mill improvements Underground: Cosmo Exploration 5
  • 6. Our Growth Strategy TSX:CRK OTCQX: CROCF  Short Term – Focus on higher quality ore – Commissioning and Ramp-up of Cosmo underground mine – Optimization of the Burnside area – New production from the Union Reefs and Pine Creek areas  Medium Term – Maximize value of gold assets – Increase production from higher grade deposits – Consolidation of assets – Continued significant investment in Exploration on an annual basis – Expansion of processing capabilities - scenario  Long Term – Explore – Development of Maud Creek Deposit – Generate value out of the base metal deposits, currently 500,000 equivalent AU oz. in resource 6
  • 7. Production Pipeline TSX:CRK OTCQX: CROCF Generative Advanced Development Production Exploration Exploration Projects Greenfields Reserve Extensions  Pine Creek North  Mottrams  Burnside  Cosmo  Pine Creek South  North Point Underground  Moline  Maud Creek  Princess Louise  Yam Creek Trend  Maud Creek  Cosmo Underground  Cosmo Extension  Gandys Underground  Rising Tide  Base Metal Identified Resources Potential  Union Reefs Historical Resources Underground  Golden Dyke  Bridge Creek,  The Greeks Western Arm, Bons Rush, Kazi  Mt Bonnie  Iron Blow  Moline 7
  • 8. Exploration TSX:CRK OTCQX: CROCF Strategy  Growth through greenfields and brownfields exploration Exploration Goals  Reserves: Replace & Increase reserves from 650,000 oz to 1M oz.  Resources: Replace & Increase resources from 5M oz to 6M oz  Discover “new” precious metal deposits  Assess the Company’s 3,300km2 land position 2011 Objectives  $10 - $12 Million budgeted  Complete 30,000m of diamond drilling, 20,000m of RC drilling  Completed 4,000 line km of VTEM airborne geophysical survey 8
  • 9. Strategic Production Growth Cost Comparison TSX:CRK OTCQX: CROCF Burnside Burnside Cosmo Prospect Crosscourse $1,200 7.0 Ore Grade (g/t) $2.50 $2.50 Mining Cost per Tonne $44.00 $80.00 $44.00 6.0 $1,000 3.0 6.5 Strip Ratio N/A N/A N/A 5.0 Mining Cost per Tonne $800 $10.00 $18.75 $44.00 $80.00 $44.00 Milled 4.0 $16.00 $16.00 Processing Cost $16.00 $16.00 $16.00 $600 3.0 $8.25 $8.25 Ore Haulage $8.50 $1.00 $1.00 $400 Cash Cost Site General & 2.0 $5.00 $5.00 $5.00 $5.00 $5.00 Administration $200 1.0 $39.25 $48.00 Total $/Tonne Milled $73.50 $102 $66 1.30 1.50 Ore Grade g/t Au 4.50 6.00 4.50 $0 0.0 90.0% 93.0% Recovery 92.0% 92.0% 92.0% $1,043 $1,070 Cost per Ounce $552 $575 $496 Open Pit Mines Underground Mine - Cosmo Underground Projects Potential  Provide good margin  Provides leverage of additional high-  Based on existing operating data and projected Cosmo costs (>US$500) to current grade ore leading to significantly lower  Union Reefs UG deposits show excellent potential to deliver gold price cash costs/oz. low cost ounces to the production profile.  Lower grade leads to  Will eventually make up 40% of mill – High-Grade targets (Prospect & Lady Alice) higher cash cost feed (50% of ounces) which will: – Bulk-Ore targets (Crosscourse- “Cosmo Style”) – Lower overall costs  Need to expand resources and complete detailed mining – Improve overall production studies before deposits can be included in any future  Potential for expansion at depth and on production forecasts West Lodes 9
  • 10. Our Growth Strategy What could CRK look like? TSX:CRK OTCQX: CROCF Strategic Plan 500 $1,500 400 Thousands oz. $1,000 300 200 $500 100 0 $0 2010 2012 2014 2016 2018 2020 Burnside Cosmo UR/Pine Creek Maud Creek Cash Cost/oz. Assuming the following:  Continued production from Burnside, new production from UR/Pine Creek Surface & UG  Successful conversion of resources into reserves  Expansion of processing facilities by 2014  Permitting, construction and operation of Maud Creek by 2016 10
  • 11. Capital Structure & Price Comparison TSX:CRK OTCQX: CROCF Share Structure (At September 31, 2011) $1.80 Historical Share Price $1.60 Basic: 310,027,546 $1.40 Warrants: 69,499,116 $1.20 Options: 19,441,204 $1.00 $0.80 Fully Diluted*: 401,615,366 $0.60 Market Capitalization: $183 Million $0.40 52 Week Trading Range $0.47 – $1.65 *Including 2.5 million shares to be issued under the Company Share Compensation Plan 2.0 Economic Value/oz Au Price to Net Asset Value Price to Net Asset Value Comparison  EV/oz Au Producer Average =  Valuation at 0.5x net assets 1.5 $US 145/oz  Share price trading at a discount  Crocodile Gold = $US 45/oz when compared to peers 1.0 Source: NBF on June 15, 2011 Source: Raymond James Updated as of June 14, 2011 0.5 Analyst Coverage 0.0 ORA CRK AGI GSC LSG YRI ANO ELD AEM Cormark Securities  Frasier Mackenzie  Raymond James  Union Securities 11
  • 12. Management & Board TSX:CRK OTCQX: CROCF Management Board of Directors Chantal Lavoie, P.Eng. Stan Bharti, P.Eng. President and Chief Executive Officer Chairman Chantal Lavoie P.Eng. David Keough Chief Operating Officer George Faught, CA Steve Woodhead Chief Financial Officer Mike Hoffman, P.Eng. Bill Nielsen, P. Geo Bruce Humphrey, P.Eng. Vice President Exploration Colinda Parent Peter Tagliamonte, P.Eng. Vice President Business Development Brianna Davies Corporate Secretary 12
  • 13. Our Investment Advantage TSX:CRK OTCQX: CROCF  3.175 million ounces M&I and 2.14 million ounces Inferred Assets  Over 3,300 km2 land package with proven historical production  Financially well positioned to support exploration and production  2010 production of 82,000 ounces Production  2.4M TPA processing facility  Expanding production profile with decreasing cash costs  Outstanding potential to discover additional resources Exploration  $10-12 million budgeted for exploration efforts in 2011  Extensive exploration project and development pipeline  Existing Infrastructure (replacement value $200M) Infrastructure  Adjacent to major highway and utilities (natural gas and power lines)  Road, Rail and Deep Sea Port in close proximity  Strong Management Team Potential  Positioned for significant growth in the short and long term  Exploration strength with excellent JV opportunities 13
  • 14. Investor Contact Information TSX:CRK OTCQX: CROCF Crocodile Gold Corporation Chantal Lavoie Investor Relations President and CEO Rob Hopkins 416-861-2964 416-861-5899 clavoie@crocgold.com info@crocgold.com TSX: CRK OTCQX: CROCF www.crocgold.com FRANKFURT: XGC Find us on A Member of the Forbes & Manhattan Group of Companies 14
  • 16. Reserve Summary December 31, 2010 TSX:CRK OTCQX: CROCF PROBABLE MINERAL RESERVE Gold Grade Ounces Project Deposit Cut-off (g/t) Tonnes (g/t) Gold Burnside Brocks Creek 7.1 34,000 8.6 9,300 Cosmo Deeps 3.1 3,100,000 4.2 420,000 Howley 1.0 340,000 1.6 18,000 North Point 1.0 55,000 2.3 4,000 Princess Louise 1.0 200,000 1.5 9,700 Mottrams 1.0 980,000 1.2 39,000 Pine Creek Kohinoor 1.0 290,000 1.9 18,000 Cox 1.0 500,000 1.6 26,000 International 1.0 1,300,000 1.5 65,000 Gandys 1.0 480,000 1.7 26,000 South Enterprise 1.0 420,000 2.0 27,000 TOTAL 7,699,000 2.7 662,000 Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability Gold Price: $US1000/oz $A:$US 0.91 Note: Mineral Reserves are included in Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Depleted for mining as at December 31, 2010 and does not include any depletion for mining since such date. The Mineral Reserve estimate was reviewed and optimized by Mark Edwards who is a “qualified person” as such term is defined in National Instrument 43-101 and has supervised the preparation of the technical information and data included in this news release. The mineral resource estimate was generated using the following parameters: • Models used have been reviewed and optimized by Mark Edwards and Fleur Muller • Model technique is Ordinary Kriging, Multiple Indicator Kriging or Inverse Distance (review NI43-101 for more details) • Mineralization wireframes conducted on 0.4-2g/t material with a minimum width of 1-2m depending on deposit and mineralization styles • High grade top cut used of 2-40g/t depending on statistical review of sample results • 1m metre samples with core half core or split RC samples used in models • Samples were generally submitted to NAL and analyzed using 50g fire assay with AAS finish, some samples were submitted to umpire laboratory for QAQC purposes 16
  • 17. Resource Summary December 31, 2010 TSX:CRK OTCQX: CROCF M+I MINERAL RESOURCE INFERRED MINERAL RESOURCE Project Tonnes Gold Grade (g/t) Ounces Gold Tonnes Gold Grade (g/t) Ounces Gold A Mt Bundy* 20,241,000 1.0 664,800 10,513,000 1.0 350,800 Burnside* 16,553,330 2.4 1,268,500 18,679,800 2.2 1,323,200 Union Reefs 239,000 2.4 18,200 3,740,000 1.7 204,200 Pine Creek 5,528,000 1.6 288,600 2,347,000 2.4 183,200 Maud Creek* 9,288,000 3.1 935,000 1,072,000 2.4 82,000 Total 51,849,330 1.9 3,175,100 36,351,800 1.8 2,143,400 *Includes Underground Resources A Crocodile Gold holes 80% interest in the Rustlers Roost deposit which is included in this Project Please Note: Mineral Resources include Mineral Reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured, indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves. Calculated at a gold price of US$1,000>/oz and exchange rate of $A0.91:US$1.00 ) and contained within optimizing pit shells using current operating costs MINERAL RESOURCE STATEMENT (Other Commodities) INFERRED MINERAL RESOURCE Project Deposit Commodity Cut-off Tonnes Grade (ppm) Contained metal Lead 1.0g/t Au 3,175,000 7,595 53,163,000 pounds Iron Blow Zinc 1.0g/t Au 3,175,000 32,823 229,750,000 pounds Burnside Silver 1.0g/t Au 3,175,000 101 10,200,000 ounces C Thunderball Uranium 200ppm 316,800 796 556,000 pounds C Crocodile Gold has a 30% free carried interest in this deposit 17
  • 18. Our Assets Burnside – Howley Trend TSX:CRK OTCQX: CROCF 18
  • 19. Burnside - Howley Trend 2011/12 Production - Open Pit TSX:CRK OTCQX: CROCF Howley Pit  Successfully completed mining in Q2 2011  Possible extension – West Howley being investigated Mottrams Pit  Initiated production in Q2 2011, Howley Pit and Ore ROM Pad transitioning from Howley pit  Main open pit feed for remainder of 2011 Optimizing the operations  Increasing equipment fleet in H2 2011  Current plan is to have >400,000t of stockpile material in place prior to the next wet season. Mottrams Pit – Looking West 19
  • 20. Burnside – New Production 2011/12 Production - Open Pit TSX:CRK OTCQX: CROCF Princess Louise Pit  Initiated production in Q3 of 2011  Will contribute to improving open pit mine grade for the remainder of 2011 and going into 2012 North Point Pit Princess Louise Open Pit  Production scheduled for 2012 Rising Tide Pit  Production schedule for 2012, possibly earlier  Main open pit feed for 2012 Rising Tide Open Pit 20
  • 21. Burnside – Howley Trend Cosmo Dewatering Progress TSX:CRK OTCQX: CROCF Cosmo Pit Dewatering  On schedule for completion in Q3 2011  By October 2011, a total of 5.7 Glitres of water will have been pumped out.  Once dewatering is complete, underground production will begin Way forward  Surge capacity & Infrastructure in place to address the upcoming wet season. 21
  • 22. Burnside – Howley Trend Development - Cosmo TSX:CRK OTCQX: CROCF Underground Mine  Target production of 800,000 TPA  Initial ore Q3, 2011  Ramp-up to full production in 2012 East Lodes - Reserves & Resources  Main focus of initial production  Expansion potential at depth 22
  • 23. Burnside - Howley Trend Development - Cosmo TSX:CRK OTCQX: CROCF West Lodes - Resources • Significant potential for expansion • Present development plan limited to near surface portion • Infrastructure design to handle future development 23
  • 24. Burnside - Howley Trend Cosmo Underground Development TSX:CRK OTCQX: CROCF Western Lodes 3D Isometric View & Composite Development Plan 24
  • 25. Pine Creek/Union Reefs New Production - 2012 TSX:CRK OTCQX: CROCF Improving the cost profile  Production close to Union Reefs mill with minimum transport cost  Potential for both surface and underground mines, higher grade ore Pine Creek – International Open Pit  In the permitting process  Potential to add to 2012 production profile. Union Reefs – Underground Ore Bodies  Located on granted mining lease and ability to bring in to production very quickly  Next to the process plant so essentially no trucking costs  Several high grade intersections over 3 distinct ore bodies (Prospect, Lady Alice, Crosscourse) 25
  • 26. Pine Creek/Union Reefs Potential High Grade Deposits TSX:CRK OTCQX: CROCF Historical Production/Intercepts: Union Reefs = 800,000 oz Au Pine Creek = 750,000 oz Au Significant potential to increase existing resources Union North: Lady Alice: 3m @ 24.56 g/t Au 5m @ 31.97 g/t Au 3m @ 45.10 g/t Au Prospect Claim: 3m @ 37.50 g/t Au 4m @ 27.00 g/t Au Crosscourse – “Cosmo” scale target: 11m @ 6.60g/t Au 19m @ 10.62 g/t Au 36m @ 4.10 g/t Au 9m @ 24.40 g/t Au 16m @ 6.00 g/t Au 9m @ 4.00 g/t Au 8m @ 10.16 g/t Au 26
  • 27. Exploration Regional Program TSX:CRK OTCQX: CROCF Airborne Geophysics  More than 4,000 line km’s completed of AEM and magnetometer survey  Geotech VTEM system- state of the art  Includes Moline and Maud Creek tenements  Ground follow-up of individual targets underway Review of historical information  Major database compilation in progress of all past work including government files  Will ultimately be able to access and manipulate all past geochemical and geophysical surveys. Tens of thousands of geochemical sample results available.  It is anticipated that thousands of past drill holes with assays and logs will be found and incorporated into the database  Acquired high resolution satellite imagery for all areas Airborne Geophysical Survey Areas 27
  • 28. Exploration Three Key Areas TSX:CRK OTCQX: CROCF Burnside Union Reefs- Pine Creek Maud Creek 28
  • 29. Exploration Burnside Area TSX:CRK OTCQX: CROCF Reserves & Resources • 1.2M oz of Measured & Indicated • 1.3M oz of Inferred Howley Trend:  a 25 km long structure with additional deposits of interest  Includes Cosmo Underground and Howley Open Pits Eastern Side  Similar trend with known deposits – past production  Presence of base metal deposits with significant precious metal content  Cosmo look-a-likes 29
  • 30. Exploration Union Reefs/Pine Creek area TSX:CRK OTCQX: CROCF Reserves & Resources • 306,800 oz of Measured & Indicated • 387,400 oz of Inferred Potential  New targets adjacent to Union Reefs Mill  Potential for near term, low cost production  2011 focus on shallow and near surface deposits 30
  • 31. Exploration – Strategic Assets Gold Deposits - Maud Creek TSX:CRK OTCQX: CROCF Previously Mined 173,600t @3.32g/t Au for 18,500oz Resources  Indicated - 9,288,000t @ 3.1g/t Au for 935,000oz  Greater than 4.5g/t Au – 3.1 Mt @ 6.3 g/t for 628,000oz  Inferred - 1,072,000t @2.4g/t Au for 82,000oz (using a 1.0g/t Au cut-off) Maud Creek Future Development Optimized Pit Shell  Partially refractory – metallurgical testing indicates 90-95% recovery by flotation with concentrates grading 6 opt.  Near the town of Katherine – 8km haul road to paved highway Typical Section  Significantly expanded land position Maud Creek Deposit  North south trending, good widths, excellent configuration for underground mining 31
  • 32. Exploration Other Key Strategic Assets TSX:CRK OTCQX: CROCF Massive Sulphide Deposits  Iron Blow  Mount Bonnie Gold Deposits  Mt. Bundy  Moline Uranium Deposits  Thunderball 32
  • 33. Exploration – Strategic Assets Massive Sulfide Deposits TSX:CRK OTCQX: CROCF Mount Bonnie Iron Blow Historic Resource* Historic Production  650,000t - 1.7g/t Au, 279g/t Ag = Au eq 9.3g/t or  10,000t oxide @ 9g/t Au and 250g/t Ag = Au eq 194,000oz 15.8g  plus 9% Zn, 2% Pb, 0.5% Cu  25,000t sulphide (supergene) @ 7g/t Au and 360g/t Ag = Au eq 17g Oxide Cap previously mined  Total production Au eq = 18,747oz  110,000t @ 7g/t Au and 230g/t Ag Current Inferred Resources  Au eq = 13.3g/t Au or 47,000oz Au  3,175,000t @ 2.1g/t Au, 101g/t Ag, 3.3% Zn, Aeromagnetics- tilt derivative 0.76% Pb, 0.19% Cu  Au eq = 4.85g or 495,000oz (only Au and Ag considered) * “Gold Deposits of the Northern Territory” by Ahmad, Wygralak and Ferenczi, 2009. A qualified person has not done sufficient work to classify this historical estimate as current mineral resources or mineral reserves. Crocodile Gold is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not be relied upon. Crocodile Gold believes with minimal confirmatory drilling this historic resource information could be included in the Mineral Resource inventory. 33
  • 34. Exploration Mount Bundy Area TSX:CRK OTCQX: CROCF Reserves & Resources  664,800 oz of M&I  350,800 oz of Inferred Infrastructure:  Tom’s Gully mill, presently on Care & Maintenance Deposits  Tom’s Gully  Mt Bundy (Rustler’s Roost)  Quest 29 Way Forward  Evaluating possible divestment 34
  • 35. Forward Looking Statements TSX:CRK OTCQX: CROCF This presentation contains forward-looking statements under Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the development potential and timetable of the projects; the Company‟s ability to raise additional funds as necessary; the future price of gold; the estimation of mineral resources; conclusions of economic evaluation (including scoping studies); the realization of mineral resource estimates; the timing and amount of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Estimates regarding the anticipated timing, amount and cost of mining at the projects are based on assumptions underlying mineral resource estimates and the realization of such estimates; results of previous mining activities at the projects, and detailed research and analysis completed by independent of the Company; research and estimates regarding the timing of delivery for long-lead items; knowledge regarding the factors consultants and management involved in building a mine and other factors described in the technical reports and Annual Information Form filed under the profile of the Company on SEDAR. Capital and operating cost estimates are based on results of previous mining activities, research of the Company and independent consultants, recent estimates of construction and mining costs and other factors that are set out in the scoping study. Production estimates are based on mine plans and production schedules, which have been developed by the Company‟s personnel and independent consultants. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to: timing and availability of external financing on acceptable terms; unexpected events and delays during construction, expansion and start-up; variations in ore grade and recovery rates; receipt and revocation of government approvals; actual results of exploration and mining activities; changes in project parameters as plans continue to be refined; future prices of gold; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements except in accordance with applicable securities laws. Investors are advised that National Instrument NI 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Due to the uncertainty of measured, indicated or inferred mineral resources, these mineral resources may never be upgraded to proven and probable mineral reserves. Non-GAAP Measures Crocodile Gold believes that investors use certain indicators to assess gold mining companies. The indicators are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance in accordance with the International Financial Reporting Standards. “Cash Cost per Ounce” is a non-GAAP performance measure which could provide an indication of the mining and processing efficiency at the operations. It is determined by dividing the operating expenses, excluding stock-based compensation allocated to the operating expense and next of silver revenue, by the number of ounces of gold sold. There are variations in the method of computation of „cash cost per ounce” as determined by the Company compared with other mining companies. Qualified Person David Keough, MAusIMM of Crocodile Gold Australia Operations is a “qualified person” as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this presentation. Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated or Inferred Resources The information presented uses the terms “measured”, “indicated” and “inferred” mineral resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize these terms. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves. United States investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. 35