If your wondering who SIH is its ORPIts a new start, old...

If your wondering who SIH is its ORP

Its a new start, old directors all removed & new directors have taken control with former MOL director Paul Willis the latest director appointed, name changed from OROPA LIMITED to SIHAYO GOLD LIMITED, new major ivestors have taken interst through Singapore based Mining Advisory Consultants Pte Limited (“MAC”)

SIH is a advanced GOLD stock with 1.01milz targeting 2miloz just at sihayo & potential for alot more outside the current resource, SIH is aiming for production by 2012, read below for run down from recent presentation:



�� 1.01 Million once gold resource at Sihayo and growing
�� Positive scoping study by SRK forming the basis for the Definitive Feasibility Study
�� Significant potential to increase resource base
�� $6.5 million funding package secured to carryout Definitive Feasibility Study (DFS)
�� New focused management team
�� Aim to move into production mid 2012
�� Operating company (PT Sorikmas) is one of a limited number of Companies legislated
to mine in Indonesia
�� JV with PT Antam – Indonesian Govt mining company (75% ORP, 25% PT Antam)
�� Secure tenure through previous Contract of Work system (CoW)

Focus on development of Sihayo Gold Project
INTO VALUE
. . .
• Two fold strategy
1. Complete Definitive Feasibility Study by late 2010
• Positive Scoping Study completed at US$800 per oz
• Feasibility team has commenced work and resource drilling underway
• Approvals and construction 2011 to mid 2012
• Aim for production by mid 2012
2. Expand current resource base
• We believe there is potential for a multi million ounce resource
• 7km long mineralised structure – open to the north
• Limited historical drilling outside current resource
• Recent exploration drilling continues to discover broad regions of additional gold
• Low discovery cost to date – US$7.50 per ounce
• Exploration drilling to continue in parallel to DFS

RESOURCE SUMMARY
�� Two resources identified to date – Sihayo 1 N and Sambung
�� Sihayo 1 N 12.1Mt at 2.4g/t 910,000oz Inferred
�� Sambung 1.1Mt at 2.6g/t 100,000oz Inferred
�� Resources predominantly constrained by drilling
�� From surface to max depth of 200 metres – strongly oxidised
�� Drilling to convert resource from Inferred to Indicated and Measured underway
�� Upgraded resource up date expected May 2010
�� Four drilling rigs contracted to carry out resource drilling
�� Low discovery cost US$7.50 per ounce

Exploration Success in past 12 Months
Potential significantly expand the Sihayo Resource
�� Drilling focused on 4km zone between Sihayo 2 and Sambung
�� Initial success in identifying continuous mineralisation adjacent to the main Sihayo 1N
resource at Old Camp Prospect
�� Additional success at Sihayo 2 to the north and at Sihayo 1 between the two existing
resources
�� Development of a new geological model which opens up a large area under cover to the
North and West which has not previously been explored.
�� Adaption of new geochemical techniques to expand the search area to the north and
south.
�� Aim will be to increase the potentially economic resource base by 50 to 100%.
�� Exploration drilling will continue in parallel to the DFS

Independent Scoping Study (SRK) Outcomes
Ideal Platform for ongoing DFS
�� 10 year Mine life with annual through put of 1 Mtpa
�� Two open cut pits with low stripping ratio of 3.8 to 1
�� Simple CIP/CIL metallurgy with estimated recoveries of 80%
�� Estimated production of +60,000 oz per annum
�� Conclusion: Technically and economically viable at US$800 per oz gold

Opportunities Identified from Scoping Study
DFS focus on improved economic returns
�� Gold Price significantly higher US$1150 per oz
�� Optimise location for plant – reduced haulage distance
�� Domestic steel fabrication could have positive effect on plant CAPEX
�� Potential for hydro electric power providing further cost savings
�� Use of contract mining equipment but owner operated
�� Excellent potential to extend resource base and mine life

Definitive Feasibility Study Program
Aim to deliver completed DFS outcomes by end 2010
�� $6.5m funding package secured through MAC and IndoAust Mining
�� Project team with extensive recent experience in Sumatra
�� Resource drilling underway to be completed April 2010
�� Metallurgical and geotechnical studies commenced
�� Tailings storage facilities studies commenced
�� Environmental Studies commenced
�� Timeline
�� Complete resource and mine plan by mid 2010
�� Complete engineering and infrastructure by 3rdQ 2010
�� Complete economic and environmental studies by end 2010

Management Team
High level of Indonesian Experience
Oropa
Tony Martin – CEO (Perth) 25 years exploration and management
experience
Paul Willis – Director (Jakarta) 20 years investment and finance experience
principally in SE Asia
Greg Entwistle – DFS Project Coordinator (Perth) 20 years Indonesian experience, ex Matarbe
project director
Dean Pluckhahn – Senior Project Geologist (Jakarta) 10 years experience in Indonesia and SE
Asia
PT Sorikmas
Rod Jones – President (Jakarta) Geologist 28 years experience in Indonesia,
involved with Sihayo for 14 years
Thomas Bubendi – Senior Geologist (Jakarta) 20 years experience, involved with Sihayo for 14
years


dyor...