An Intriguing Copper-Gold Porphyry Play in the “Land of Tier-1 Deposits”

The latest offering on the Stockhouse DealRoom is a publicly-traded Canadian resource company engaged in the acquisition, exploration, and development of the Keveri Copper-Gold Project mineral property in the mining-friendly jurisdiction of Papua New Guinea (PNG).

Golden Birch Resources Inc. (GBRX) (CSE.GBRX, Forum) is a newly-listed company with experienced management and a thorough approach to this unique exploration project. The Company’s strategy has positioned GBRX for aggressive exploration and successful mine finding.

In August 2018, Golden Birch signed an Option Agreement deal with a private Australian-registered company Papuan Minerals Pty Ltd, which owns 100% of Papuan Minerals Ltd (PML), a PNG registered company.

Through its Option Agreement, GBRX can earn 85% of PML which holds 100% of exploration licences (collectively termed the “Keveri Project”) located approximately 200 kilometres southeast of Port Moresby in Papua New Guinea. These licences cover up to 6 targets over an area of approximately 120 square kilometres, including the current key Prospects of Omu, Urua-Everi, Waki, Daru-Araboro, Ioleu and Yokai.

About the Keveri Project

In early October 2018, the Company commenced construction of a field camp adjacent to the Ada’u River and began their first field program in late October. Golden Birch’s target commodities are copper and gold, which are the key metals contained in most of the porphyry deposits present along the New Guinea Fold Belt of Papua New Guinea.


GBRX is exploring in big deposit “elephant” country, home to numerous Tier-1 porphyry copper-gold deposits. Source data for the deposits in the figure and table below are provided in Appendix A. Mineralization hosted on adjacent and/or nearby properties and operations is not necessarily indicative of mineralization hosted at the Keveri Project.

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The exploration licenses that make up the Keveri Project are located at the intersection of the Keveri Fault Zone and lineaments of the Dimidi Fault Trend (as illustrated in the Figure below). The Company only has an interest in the Keveri Project.


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(Alan Martin, President of GBRX with PNG Geologist Andy Thomas holding malachite (copper) - rich rock float from Omu Creek, Omu Prospect, Keveri Project (October 2018). GBRX is planning its maiden drilling program at Omu Prospect (no historic drilling) for later in 2020.

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Here’s the Deal:

In addition to being available via public exchange, GBRX shares are currently available through private placement sale. The Company is offering up to 40,000,000 units of the Company (“Units”) at a price of $0.15 per Unit (the “Offering Price”). Each Unit is comprised of one (1) common share of the Company (a “Common Share”) and one (1) Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to purchase one (1) Common Share at a price of $0.20 and shall expire sixty (60) months after the closing date of the Offering (the “Warrant Expiry Date”).


Highlights:

• $0.15 per Unit
• Up to $6,000,000
• Proceeds from this financing will be used to explore the Company’s Keveri Copper-Gold Porphyry Project.
• The Common Shares will be listed on the Canadian Securities Exchange under the symbol “GBRX”.
• The Common Shares will be offered by private placement only (and without the use of an offering memorandum as defined in OSC Rule 14-501).
• No prospectus will be filed with any securities regulatory authority to qualify the Common Shares for distribution to the public.
• Securities issued pursuant to the Offering shall be subject to a four-month hold period commencing on the Closing Date (as defined below) under applicable Canadian securities laws.
• On or about July 23, 2020 or such other date as may be announced by the Company (the “Closing Date”).
• The Offering remains subject to the receipt of all applicable board and regulatory approvals, including without limitation, the approval of the Canadian Securities Exchange (CSE).

For experienced retail and institutional investors this opportunity equates to a “ground floor” opportunity.

Golden Birch Resources’ DealRoom financing provides access to a company with a well positioned project in a mining-friendly jurisdiction and an experienced management team.

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FULL DISCLOSURE: Golden Birch Resources Inc. is a paid client ofStockhouse Publishing Ltd. (Stockhouse). Stockhouse is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to Golden Birch Resources Inc.In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.

Golden Birch’s operations are in the exploration stage only and there is no actual mineral production. Without a formal independent feasibility study, there is no assurance that mineral production is feasible on an economic basis. Please refer to those risks set out in Golden Birch’s public documents filed on www.SEDAR.com.