Company Highlights

Chinalco Yunnan Copper Resources (CYU) is exploring tenements in Queensland for copper, gold and uranium. It is also actively drilling highly prospective tenements in Chile as well as Laos.

This strategy is supported and assisted by CYU's cornerstone shareholder, Yunnan Copper Industry (Group) Co Ltd. (YCI) which is China's third largest copper producer. YCI supports CYU's role as YCI's international investment arm and mining house.


Queensland

  • More than 1,000 km2 of highly prospective tenements focused on copper, gold and uranium in Queensland, Australia.
     
  • The projects are located in areas with established mining history with some close to previous or current operating mines.
     
  • Extensive exploration land position with potential for discovery of new deposits from known targets.
Chile – copper JV with Rio Tinto

CYU has adopted the Chinalco and Yunnan Copper Industry Co Ltd (YCI) strategy of exploring and developing major copper sulphide projects. This includes:
Environmental studies have commenced to allow three drill holes of approximately 500 metres each at the Caramasa porphyry target once permitting and access construction is complete this year. Exploration Target size for Chilean Cordillera style copper porphyry deposits is between 0.5-1 billion tonnes grading 0.5-0.8% copper.
Footnote: These Exploration Targets are conceptual in nature and there has been insufficient exploration to define a mineral resource under the JORC Code and it is uncertain if further exploration will results in the definition of a mineral resource.

In Chile CYU has very prospective porphyry targets. This is proven from surface mapping, sampling and geophysical surveys. The targets have the correct parameters to allow drilling when regulatory approvals are received.

The Palmani Target has dimension of 1x3km and represents a porphyry target to be drilled at the end of winter.
The Caramasa Target is drill ready with excellent alteration observed in the valley. Permitting of drill access is underway with possible drilling operations in the current quarter.

Chinese Mining Industry Company Partnership

To date over $5 million cornerstone investment by China Yunnan Copper (Australia) Investment & Development Co Ltd, a subsidiary of Yunnan Copper Industry (Group) Co Ltd which is China's third largest copper producer and its largest silver and bismuth producer.

Yunnan Copper Industry (Group) Co Ltd's Chairman and two other Chinese representatives appointed to the Chinalco Yunnan Copper Resources Limited board.
Access to technical expertise, new projects, project funding and competitive off-take agreements from Yunnan Copper Industry (Group) Co Ltd.

Management

Australian and Chinese Board and management with a range of resources and corporate experience capable of advancing this portfolio of highly prospective projects to discovery and development.

Major shareholder Yunnan Copper Industry (Group) Co Ltd via its subsidiary brings exploration, mining, production, smelting and refining expertise to the company.
Management team has extensive collective experience and expertise in the exploration, evaluation, feasibility studies, financing, development and operation of mineral projects.

Future

Potential for exploration success combined with the active support of Yunnan Copper Industry (Group) Co Ltd provides CYU with the opportunity of rapidly expanding its business in Australia and abroad.