Poplar Creek Resources Inc is an early-stage development and exploration company focused on the
acquisition, exploration and development of discovered but undeveloped high-grade, high-margin,
district-scale projects located in Southern Africa.
Poplar Creek’s principal asset is a 100% interest in the Belvedere and Killarney projects (the “ZRM
projects”) located in the Bellingwe Greenstone Belt of the Gweru Mining District of southern Zimbabwe.
Corporate Highlights
- Africa Focused Gold Development & Explorer
Tier 1 Location
Excellent Infrastructure
Skilled local workforce
Mining friendly jurisdiction
- Maiden Asset – Belvedere/Killarney Project
Gold inventory 340,000 oz. indicated and inferred
Open pit leading to underground exploitation
Robust economics
Pipeline of projects
- Robust PEA
Pre tax NPV 5% of $34.8 Million and IRR of 60% at $1,650 oz
Average grade of 3.17 g/t
Payout <2 years
23,500 oz/pa (first 6 years)
Corporate Strategy
- Defer capital as much as possible: development through cash flow
- Staged Development process
- Increase early cash flow and shorten payout period
- Stockpile low grade ore