G-Resources Group HK 1051 Annual General Meeting ?????? ...

G-Resources Group
HK 1051
Annual General Meeting
Growing a World Class Asia-
Pacific Gold Company
Hong Kong
Monday 9 th November 2009
国际资源集团有限公司
HK 1051
股东周年大会
发展成为世界级的亚太地区金
矿公司
香港
2009年11月9日,星期一

Disclaimer
The materials used herein and this presentation (collectively, the “Presentation”) have been prepared by G-Resources Group Limited (the “Company”) solely for use at the
presentations to be made on 9 November 2009. By viewing the Presentation, or by reading the materials used at the Presentation, you agree to be bound by the following limitations:
• The Presentation may not be copied, published, distributed or transmitted or disclosed by recipients to third parties.
• The Presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities or an
inducement to enter into any investment activity, nor shall any part or all of the Presentation form the basis of, or be relied on in connection with, any contract or investment decision
in relation to any securities.
• The Presentation is being provided by the Company for informational purposes only and has not been independently verified. The Company does not make any representation or
warranty, express or implied, as to the fairness, accuracy, correctness or completeness of the information in the Presentation, and nothing in the Presentation is (or shall be relied
upon as) a promise or representation by the Company.
• The Presentation is based on the publicly available information about the Company as at 9 November 2009 (including, but not limited to, the report by Behre Dolbear Australia
Pty Limited ("BDA") dated 8 May 2009 in respect of the Martabe project (the "BDA Report") and the Company's announcements between 12 May 2009 and 9 November 2009) (the
"Public Information") and the Presentation is qualified in its entirety by reference to the Public Information. Copies of certain information relating to the Company are available at
www.g-resources.com. The information contained in the Presentation which is based on the BDA Report has been extracted from the BDA Report and is subject to the assumptions
and the qualifications set forth in the BDA Report. You are urged to review the BDA Report and the other Public Information in their entirety.
• The Presentation contains forward-looking statements based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good
faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial
condition, performance, or achievements of the Company or industry results, to differ materially from the results, financial condition, performance or achievements expressed or
implied by such forward-looking statements. Given these risks, uncertainties and other factors, viewers of the Presentation are cautioned not to place undue reliance on these
forward-looking statements. The Company disclaims any obligation to update these forward-looking statements to reflect future events or developments.
• The Presentation is only directed at qualified investors and investment professionals and other persons should not rely on or act upon the Presentation or any of its contents.
• The Presentation does not constitute a recommendation regarding the securities of the Company. By attending this presentation you acknowledge that you will be solely
responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your
own view of the potential future performance of the business of the Company.
• The Presentation speaks as of 9 November 2009. Any further discussions of the Company with any of the recipients shall not, under any circumstances, create any implication
that there has been no change in the affairs of the Company since such date.
• Nothing in the Presentation constitutes an offer of securities for sale in the United States or any other jurisdiction, nor does it constitute an invitation to subscribe for, purchase or
sell any securities.
2

Introduction of the Board
Board of Directors
► Chiu Tao - Chairman
► Chairman and executive director
► Very experienced executive and merchant.
► Extensive experience in the metals business, trading
business, investment planning, business acquisition and
development, and corporate management.
► Currently the Chairman and an executive director of
Hong Kong listed China Sci-Tech Holdings Limited
► Raymond Or Ching Fai – Non Executive Vice Chairman
► Chairman of the Audit Committee and the
Remuneration Committee
► Over 35 years experience in banking
► Former Vice-Chairman and CEO of Hang Seng Bank
Executive Directors
► Ma Xiao - Deputy Chief Executive Officer
► Richard Hui
► Jackie Wah
► Jimmy Kwan
3
► Owen Hegarty- Executive Vice - Chairman
► Over 35 years experience in the global mining industry
► Founding Managing Director & CEO of Oxiana from
1995 to mid 2008
► 25 years with Rio Tinto- served as MD of Rio Tinto’s
Asian business & Australian copper and gold business
► Director of AusIMM, FMG, Range River Gold and
member of SAMPEG
► Peter Albert - CEO
► Metallurgist and Chartered Engineer with over 25 years
of experience
► Previously the Executive General Manager – Asia of OZ
Minerals
► Joined Oxiana Limited in 2000 from Fluor Daniel where
he held the position of General Manager – Projects
Non-Executive Directors
► Tsui Ching Hung
► Ma Yin Fan
► Leung Hoi Ying

Senior Management
Arthur Ellis - CFO
► Will join G-Resources in December 2009
► Chartered Accountant
► Over 15 years experience in the gold mining industry
► Over 9 years as Group Financial Controller of an Australian listed gold mining company that progressed from a
gold explorer to gold miner.
► Extensive Asia business and operations experience
Tim Duffy – General Manager of Operations
► Over 17 years of experience in the mining industry
► He has been engaged in finance and commercial roles in the mining projects and has strategic capability across
the full suite of mining activities in an Asian environment
► Has been the Acting General Manager at the Sepon Copper and Gold Mine in Sepon, Laos.
► Most recently was the Commercial General Manager - Asia of OZ Minerals Limited, mainly responsible for
providing commercial guidance and strategic direction for Asian operations and business.
Dr Stuart Smith - General Manager of Exploration
► Over 20 years experience in mining and exploration
► Has been involved in the discovery of a number of significant deposits in both near mine and regional settings
► Most recently was Group Manager – Geoscience for MMG
4

G-Resources Overview
Martabe
Jakarta office
Medan office
Hong Kong
Headquarters
Ausenco office
Melbourne office
► Hong Kong based and listed
► Developing the world class Martabe gold and silver
project in North Sumatra
► Targeting 1 million ounces per annum gold production
within 5 years by organic growth and acquisition
► Strong financial position and ongoing support
► 总部在香港,香港上市公司
► 在北苏门答腊省开发世界级的摩塔贝金银矿项目
► 通过内部增长和收购,力争5年内实现年产金1百万盎司
► 财力雄厚,不断支持
5

A GREAT job of hitting the targets
Asset acquisition completed
US$587 million capital raising
completed
The team recruited
Development recommenced and is
on track
New Ore Resource and Reserve
statement with significant upgrades
Great drill results announced
heralding a bright future for further
Resources and Reserves and new
ore body discoveries
完成收购
完成集资5.87亿美元
完成组建管理团队
拟定开发计划,并按期进行
公布新的资源量和储量报告,两者
都有显著增长
公布钻探成果,展示发现新的资源
量、储量、矿体的光明前景
6
6

Martabe Overview
► Martabe Project is a world class gold and silver project located in
North Sumatra Province, Indonesia
► 6.5 million ounces of gold and 66 million ounces of silver
► Construction underway with first production in first quarter 2011
► Large-scale mineral district with potential to host more gold, silver
and copper
► 摩塔贝是位于印尼北苏门答腊省的世界级金银矿项目
► 650万盎司金,6,600万盎司银
► 项目在建,预计2011年第1季开始产金
► 大型成矿带,可能蕴藏更多金、银、铜
Tor
Uluala
Martabe Camp
7
Uluala Hulu
80koz Au
Ramba Joring / East
1.2Moz Au, 5.2Moz Ag
Purnama- Pit 1
4.5Moz Au, 58.5Moz Ag
Barani
660koz Au

Excellent Infrastructure and Logistics
► Adjacent to the Trans-Sumatran highway
► Linked by major arterial road to North Sumatran capital and
Indonesian’s third largest city, Medan
► 40km from the port town of Sibolga
► 240 MW power station just commissioned at Sibolga
► High-voltage grid passing 6km from the mine site
► Existing communications and local business infrastructure
► Water resources available
► Existing Indonesian mining capability
► 邻近横贯苏门答腊的高速公路
► 项目通过主干公路接通北苏门答腊省首府、印尼第3大城市棉兰
► 距实武牙港40公里
► 实武牙港240兆瓦发电厂开式投产发电
► 高压电网距离矿区工地6公里
► 现有通信和当地商业基础设施
► 水源供应充沛
► 印尼当地采矿人力资源充足
8

Martabe Overview
Martabe site, ore
bodies and planned
infrastructure
►Resources
137Mt @ 1.5 g/t gold & 15 g/t silver
Contained gold 6.5 million ounces
Contained silver 66 million ounces
►Initial Reserves
35Mt @ 2.2g/t gold & 29 g/t silver
Contained gold 2.5 million ounces
Contained silver 32 million ounces
►Production
Approximately 250,000 oz/a gold
3,000,000 oz/annum silver
►Approximate revenue at spot gold price
US$300 million / annum
9
►资源量
矿石1.37亿吨,品位金1.5克/吨,银
15克/吨
金650万盎司
银6,600万盎司
►保有储量
矿石3,500万吨,品位金2.2克/吨,银
29克/吨
金250万盎司
银3,200万盎司
►产量
年产金约25万盎司
年产银300万盎司
►以目前金价计销售额
3亿美元/年

Low Cost Structure
Straightforward, Low-Cost Mining and Processing
2008 Total Cash Costs (Net of by-product credits)
US$ / oz
600
400
200
0
(1)
10
Martabe will have low cash costs because:
► Good size: 4.5Mt/a ore and expandable
► Good ore grade at more than double the
world average
► Simple, standard processing technology
► Excellent logistics and infrastructure
► Indonesian mining capability
► Martabe’s operating life of mine cash cost is
estimated at US$ 240/oz (net of silver credits)
摩塔贝项目现金成本低,因为:
► 规模较大,年处理矿石450万吨,处理量可增
加
► 矿石品位高,超过国际平均品位一倍多
► 简单、标准的炼金工艺技术
► 先进的物流和基建设施
► 印尼现有充足的采矿人力资源
► 摩塔贝开采期的现金成本预计为240美元/盎司
(不计银折算为金)
Notes
1. Estimated cash cost per BDA report
Source: Company Filings

Full Support from Government and Community
► Strong Government relations – at the National,
Provincial and Regency levels
► Close community engagement
► World standard environmental practices and
protection
► Indonesian partners
► 与国家、省、州各级政府保持良好关系
► 与社区联系密切
► 符合国际标准的环保措施
► 印尼合作伙伴鼎力支持
11

Great Upside for Long-term Growth
►A geological setting fertile for
large ore bodies
►COW covers significant mineral
district
►Multiple untested prospects in
1,639km 2 COW area:
Numerous new gold targets
Additional regional targets
show porphyry potential
►Leverage into rest of Indonesia
Significant drill results to be followed up
Prospect Drill intersections
Uluala Hulu 118m @ 4g/t Au
83m @ 4.1 g/t Au
Aek Kapur 30m @ 3g/t Au
12 m @ 11.6g/t Au
Natas 5m @ 3.2 g/t Au
12

Experienced Board and Management Team
G-Resources Organizational Chart
Business
development,
investor /media
relations
General Manager
Exploration & Resources
Stuart Smith
Vice-Chairman
Owen Hegarty
Executive Director
BD and IR
Richard Hui
Business Development
Manager
Craig Parry
General Manager
Operations
Tim Duffy
Board of Directors
Chairman
Mr Chiu Tao
CEO
Peter Albert
13
Deputy CEO
Xiao Ma
Vice-Chairman
Raymond Or
Executive Director
Jackie Wah
CFO
Arthur Ellis
Governance
Audit Committee
Remuneration
Committee
Project Execution Team
Company Secretary
Selina Cheng

Our Values
G for Growth in value for all our stakeholders
R for Respect for our people, our communities and for all stakeholders
E for Excellence in everything we do
A for Action to be ahead of the competition
T for Transparency, openess, honesty and good governance
14
14

Gold – The Perfect Metal
► Gold – a commodity, a currency, a store of value, a hedge against inflation, a hedge against geopolitical and
financial uncertainty
► Buoyant gold market to continue
Gold Historical & Forward Price
US$ / oz
1,100
1,000
900
800
700
600
500
400
15
1,080
1,044
996 1,014
300
Jan-04 Jul-04 Jan-05 Jul-05 Jan-06 Jul-06 Jan-07 Jul-07 Jan-08 Jul-08 Jan-09 Aug-09 Sep-09
Jan-10 2010E 2011E Jul-10 2012E Jan-112013E Jul-11
Spot Forward
Source: Bloomberg as of 25 September 2009
Forward Curve from
Bloomberg based on gold
spot price as of 29 Sept 2009

G is for Great Value
EV / Reserves
US$ / oz US$ / oz
500 461
Comparable's
Average: 393
300
400
391 385
363
200
300
200
100
0
HKSE Listed Gold
Companies
EV / 09E EBITDA
x
20
15
10
5
0
19.7x
Mid Cap Gold
Companies
Large Cap Gold
Companies
14.1x
Large Cap Gold
Companies
Small Cap Gold
Companies
12.9x
HKSE Listed Gold
Companies
Source Company Filings, BMO, Bloomberg, Factset as of 25 September 2009
G-Resources: 160
Mid Cap Gold
Companies
Comparable's
Average: 13.8x
9.1x
Small Cap Gold
Companies
16
EV / Resources
100
0
283
Large Cap Gold
Companies
EV/ 09E Production
US$ / oz
10,000
8,000
6,000
4,000
2,000
0
9,180
Mid Cap Gold
Companies
184
Mid Cap Gold
Companies
7,916
HKSE Listed Gold
Companies
Comparable's
Average: 178
148 141
G-Resources: 53
Small Cap Gold
Companies
7,333
Large Cap Gold
Companies
HKSE Listed Gold
Companies
Comparable's
Average: 6,565
G-Resources 2011: 2.2x G-Resources 2011: 2200
3,801
Small Cap Gold
Companies

G-Resources: A Compelling Investment
Great Market
Great Projects
Growing a
World Class
Gold Company
Great Values
17
Great People

G-Resources
For media or investor enquiries please contact:
In Hong Kong:
Leona Fung
T. +852 3610 6700
Leona.fung@g-resources.com
Richard Hui
T. +852 3610 6700
richardhui@g-resources.com
Headquarters:
Suite 09, 19/F Harbour Centre
25 Harbour Road Wanchai
Hong Kong
Website: www.g-resources.com
Thank you
In Melbourne:
Craig Parry
T. +61 3 9620 9922
craigparry@g-resources.com
Owen Hegarty
T. +61 3 9620 9922
owenhegarty@g-resources.com
18