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Oxiana Limited - Kalimantan Gold Corporation Limited

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Deep Drilling Target – KSK Copper Project<br />

KSK Copper Project – Beruang Tengah<br />

Beruang Tengah Porphyry Copper-<strong>Gold</strong> Prospect<br />

• The east west magnetic anomaly at Berang Tengah extends for 8000m through<br />

Beruang Kanan and has not been tested.<br />

• Proposal: Drill one deep hole (1,400m) to test porphyry copper‐gold target, represented<br />

by high copper/moly in surface RC, and previous DDH with extensive porphyry‐style<br />

alteration, weak‐moderate stockwork, and increasing Cu/Mo with depth.<br />

SECTION LOOKING NORTH, MAG INVERSION AND MOLYBDENUM IN RC<br />

Au Zone<br />

A zone of intense quartz-sericite (phyllic)<br />

alteration and sheeted sulphide-quartz veinlets<br />

surrounds a central zone of potassic (biotitemagnetite)<br />

alteration.<br />

Classical porphyry-style quartz stockwork veins<br />

crop out at low elevations.<br />

500m northwest of Beruang Tengah, a 1,000m<br />

long zone coincides with a zone of anomalous<br />

gold (>0.1g/t Au) in soils and a 600m wide zone of<br />

highly anomalous copper (>500ppm) in outcrop.<br />

Anomalous gold (>0.1g/t Au) in rock chip<br />

samples closely follows the copper anomaly,<br />

whereas anomalous molybdenum (>50ppm) is<br />

associated with the central potassic and sericitechlorite<br />

alteration assemblages.<br />

June 2011<br />

11

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