Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Euroz Hartleys Rottnest Conference (March 2025)
19 slides from Cygnus Metals's conference presentation, Mar 12, 2025
Slide 1: Québec Focused Critical Minerals Explorer and Developer
For personal use only Québec Focused Critical Minerals Explorer and Developer High-Grade Chibougamau Copper-Gold Project ASX: OTCQB: CY5 CYGGF TSXV: CYG
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains summary information about Cygnus Metals Limited (“Cygnus”, “Cygnus Metals” or the “Company”). The information in this presentation is of general background and does not purport to be complete. FORWARD-LOOKING STATEMENTS For personal use only This pres
Slide 3: Strong Share Register & Funded
Strong Share Register & Funded High News Flow Expected Through 2025-2026 For personal use only Capital Structure1 Current A$0.12 Shares on Issue 848.3M Current Share Price1 Options & Performance Rights 47.7M2 A$101 M Shareholder Summary3 Market Capitalisation1 Board, Mgt & Advisers 10% Ocean Partner
Slide 4: Mineral Rich Quebec
Mineral Rich Quebec A Tier 1 Mining Jurisdiction Chibougamau Copper-Gold Project For personal use only • High-grade mineral resource • Measured and Indicated of 3.6Mt at 3.0% CuEq and Inferred of 7.2Mt at 3.8% CuEq • One of the highest grade CuEq resource on the ASX • Comprehensive PEA completed in
Slide 5: Cygnus Value Proposition – the Why
Cygnus Value Proposition – the Why An Opportunity to Create Significant Shareholder Value For personal use only Chibougamau Copper-Gold Upside and Growth Team with Strong Track Fully Funded with Project Opportunities Record Access to Capital • High-grade copper gold in • 2 drill rigs on site • Stron
Slide 6: Chibougamau North Camp: Significant Exploration and Resource Growth Potential
Chibougamau North Camp Significant Exploration and Resource Growth Potential For personal use only Intersections Outside Resource ➢ 5.9m @ 26.4% CuEq (1.2% Cu & 32.2g/t Au) ➢ 4.5m @ 16.8% CuEq (4.7% Cu & 14.9g/t Au) CHIBOUGAMAU NORTH CAMP ➢ 8.2m @ 16.7% CuEq (4.0% Cu & 16.2g/t Au) ➢ 3.6m @ 16.5% CuE
Slide 7: Chibougamau North Camp: A Large Endowed Mineral System
Chibougamau North Camp A Large Endowed Mineral System Targeting Geophysics Drilling For personal use only ➢ Data compilation ➢ FLEM for surface near surface ➢ Extensional drilling ➢ Define key priority targets ➢ DHEM for targets at depth ➢ Brownfield exploration 1. Refer to Appendix B and ASX releas
Slide 8: Chibougamau Copper Gold Project: High-Grade Copper and Gold Deposits
Chibougamau Copper Gold Project High-Grade Copper and Gold Deposits Platform for Growth For personal use only • Completed merger with Dore Copper • Recently consolidated 282km2 landholding • Centralised 900ktpa processing plant • 4 deposits with Mineral Resources1: ➢ Significant potential for resour
Slide 9: Resource Growth at Corner Bay
Resource Growth at Corner Bay The Flagship Asset Success in First Drill Hole For personal use only • First drill hole returns outstanding intersection of 7.3m at 4.6% CuEq, incl. 2.5m at 9.7% CuEq1 • Located outside current resource • Potential new lode ~250m from main deposit • Corner Bay is primar
Slide 10: Infrastructure in Place
Infrastructure in Place For Fast Tracked Development Chibougamau Processing Facility Regional & Site Infrastructure For personal use only • Airport, regional railway, highways & gravel roads • Hydro power & connected powerlines • State of the art mining training centre • Conventional 900ktpa process
Slide 11: Advancing Studies at Corner Bay
Advancing Studies at Corner Bay The Flagship Asset Positive Flotation Tests Advancing The Project For personal use only • Excellent copper recoveries1 of 98.2% and 96.8% • Funding approval for C$1.3M from CMIF2 • High-quality copper concentrate grades1 of 27.0% and 29.6% • Completing environmental b
Slide 12: Regional Overview: Opportunity for Consolidation
Regional Overview Opportunity for Consolidation For personal use only Only Base Metals Processing Infrastructure within 250km • Chibougamau Project has the only processing infrastructure in the region • Next closest due for construction is Goldfields’ Windfall Project • Access for additional ore sou
Slide 13: Opportunity & Strategy
Opportunity & Strategy Multi-Pronged Growth Pathway For personal use only • Drill rigs on the ground • Use of modern exploration techniques including geophysics, DHEM etc. • Resource extensions and upgrades • Potential new deposits and resources • Continue to advance studies required for project dev
Slide 14: Proven Track Record of Success
Proven Track Record of Success Led by a team that has created significant shareholder value from exploration, development and production For personal use only David Southam Ernest Mast Kevin Tomlinson Mario Stifano Raymond Shorrocks Brent Omland Executive Chairman President and Non-Exec Director Non
Slide 15: Additional Information
For personal use only Additional Information * Image of drill hole CB-20-17 from 973m to 981m. Refer to CY5 ASX release dated 15 October 2024. Appendix A: Mineral Resources Appendix B: Sources of Information 15
Slide 16: Chibougamau Copper Gold Project: High-Grade Copper and Gold Terrane
Chibougamau Copper Gold Project High-Grade Copper and Gold Terrane A Prolific Historic Camp The Opportunity For personal use only • Mined periodically between the early 1900s and 2008 • Consolidation - 7 former producing mines accounting for • Chibougamau District Historic Production: 68% of histori
Slide 17: Appendix A: Mineral Resources
Appendix A: Mineral Resources Chibougamau Copper-Gold Project – Foreign Mineral Resource Estimate Disclosures as at 30 March 2022 Tonnes Cu Grade Au Grade Cu Metal Au Metal CuEq Grade Deposit Category (k) (%) (g/t) (kt) (koz) (%) For personal use only Indicated 2,700 2.7 0.3 71 22 2.9 Corner Bay (20
Slide 18: Appendix B: Sources of Information
Appendix B: Sources of Information Source for historic production figures: For personal use only Leclerc. F, Harris. L. B, Bedard. J. H, Van Breeman. O and Goulet. N. 2012, Structural and Stratigraphic Controls on Magmatic, Volcanogenic, and Shear Zone-Hosted Mineralization in the Chapais-Chibougama
Slide 19: For personal use only
For personal use only ASX: CY5 / TSXV: CYG Contact: info@cygnusmetals.com Phone: +61 8 6188 1627 www.cygnusmetals.com
Cygnus Metals — Euroz Hartleys Rottnest Conference (March 2025) on 6ix