Corazon Mining Limited · ASX:CZN

Corazon Mining — Investor Presentation (September 2013)

22 slides from Corazon Mining's investor presentation, Sep 3, 2013

1. Slide 1: Corporate Presentation September 2013

   For personal use only Corporate Presentation September 2013 ASX: CZN | PAGE 1

2. Slide 2: Multiple High Impact Opportunities

   Multiple High Impact Opportunities Lynn Lake Project Top Up Rise Project For personal use only  Nickel / copper sulphide  Prospective for IOCG mineralisation  Option to acquire 100%  Option to earn 75%  Development opportunity – located in an old mining  Very large high amplitude gravity anoma

3. Slide 3: Corporate Overview

   Corporate Overview For personal use only Capital Structure Share Price & Volume 0.08 140 Market Capitalisation @ 3 cents A$ 8.7M Closing Price (A$) Million Shares Daily Volume Traded On-Market Daily Close Price Shares on Issue1 # 294.5M 0.07 120 0.06 Options on Issue # 38M 100 0.05 Cash 2,3 A$ 1.04M

4. Slide 4: Top Up Rise Project (TUR)

   Top Up Rise Project (TUR)  Large gravity anomaly (10km x 6km) with widespread For personal use only Access Track mineralisation confirmed by recent drilling  Prospective for IOCG and/or base-metal deposits  High impact drilling to re-commence mid-September  Potential early exploration success an

5. Slide 5: Project History

   Project History Geophysics identified a very large gravity anomaly in the Gibson Desert For personal use only  1994-2002 AGSO identified large Outcrop Geology & Topographic Map (GSWA 1:250k) Proterozoic intrusive alteration system at Mt Webb - associated with Cu-Au systems  1995-1999 BHP looking f

6. Slide 6: Top Up Rise: Very Large Anomaly

   Top Up Rise: Very Large Anomaly Regional Geophysical Data No Previous Ground Exploration Large, Multiple Point Anomaly Mafic? For personal use only Toro Energy 2011 IOCG Discovery BHP 1997 Targets Bouguer gravity image over High density gravity image over Aeromagnetic image aeromagnetic shadow aerom

7. Slide 7: Detailed Ground Gravity Survey

   Detailed Ground Gravity Survey Anomaly Just Got Better For personal use only  2,139 gravity readings  400mx100m & 800mx200m grid + 2013  Anomaly extended to 10 km by 6 km (at plus 4 mGals Gravity residual) Stations  18 mGal variation within dataset acquired  8 mGal peak residual gravity anomaly

8. Slide 8: Maiden Drilling Confirms Large System

   Maiden Drilling Confirms Large System  Maiden drilling program consisted of ~ 2,500m of RC and core drilling For personal use only  Targeted high density areas in search of pathfinders for an IOCG system  Sulphide mineralisation discovered in every hole  Revealed a vast mineralised project area

9. Slide 9: Geophysical Anomaly Is Mineralised

   Geophysical Anomaly Is Mineralised For personal use only Pyrrhotite Sphalerite (Zinc) Residual Boundary Tenement Boundary E80/4427 Galena (Lead) DD004 Pyrite Chalcopyrite (Copper) DD001 RC001 DD004 – Visible Chalcopyrite (Cu), Sphalerite (Zn) and Galena (Pb) mineralisation DD005 DD002 DD003 DD003 -

10. Slide 10: First Hole Hits Mineralisation

    First Hole Hits Mineralisation  Initial discovery of copper For personal use only mineralisation was made in DD001, with chalcopyrite (copper sulphide) existing as disseminated ‘blebs’ Multiple blebs of chalcopyrite throughout Hornblende-Quartz Gneiss  Blebs up to 3mm in diameter and less commonly

11. Slide 11: Third Hole Hits Massive Sulphides

    Third Hole Hits Massive Sulphides  DD002 was For personal use only Garnet Alteration + Pyrite & Chalcopyrite abandoned prior to target depth  Mineralisation was improving down-hole, strong sulphide + intense alteration  DD003 hit massive Massive Sulphide - Pyrrhotite + Pyrite & Chalcopyrite sulph

12. Slide 12: Third Hole Hits Troctolite

    Third Hole Hits Troctolite  Troctolite is a rare form of gabbro that has Micrograph For personal use only the potential to host magmatic nickel- Pentlandite copper sulphide deposits Pyrrhotite  Pentlandite – as lamina and in exsolution within pyrrhotite indicts magmatic nickel Chalcopyrite  Best

13. Slide 13: Hole Shows Promise At Depth

    Hole 4 Shows Promise At Depth  DD004 was drilled to 669.8m For personal use only  Sulphide mineralisation, including chalcopyrite (copper), sphalerite (zinc) and galena (lead) visually identified  Material intersected at depth may provide sufficient encouragement for DD004 to be continued deeper

14. Slide 14: Hole Hits More Of The Same

    Hole 5 Hits More Of The Same For personal use only  Drill hole DD005 located on the eastern extent of the gravity anomaly, approximately 4.3km from DD004 and 1.7km from DD003  Provides additional geological and geochemical information to assist in understanding the TUR anomaly, and is also signifi

15. Slide 15: Multiple Targets Obvious For Next Drilling

    Multiple Targets Obvious For Next Drilling Aeromagnetic Image “We’ve proven the rocks have the capacity For personal use only to host mineralisation … they display pervasive high temperature metasomatic alteration with associated copper sulphide mineralisation…”  Disseminated and massive sulphide w

16. Slide 16: Multiple Upcoming Catalysts

    Multiple Upcoming Catalysts  Analysis of recent work program For personal use only Proposed VTEM over Topographic Map underway including geochemistry, rock + mineral petrology and reprocessing geophysics  VTEM to commence this month testing for zones of massive sulphides  Drilling to re-commence

17. Slide 17: Investment Rationale

    Investment Rationale  Maiden drilling program was very successful, proving that TUR For personal use only is a vast mineralised system  Prospective for multiple types of mineralisation  A precious and base metal association between copper, gold, silver, lead and zinc  A possibility of both a maf

18. Slide 18: Disclaimer & Important Information

    Disclaimer & Important Information Forward Looking Statements For personal use only  This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual r

19. Slide 19: Contacts

    Contacts For personal use only Brett Smith Managing Director Corazon Mining Limited P: +61 (8) 6142 6366 James Moses Media and Investor Relations P: +61 (0) 420 991 574 E: james@mandatecorporate.com.au Corazon Mining Limited T: +61 (8) 6142 6366 A: Level 1, 350 Hay Street, Subiaco WA 6008 | P: PO Bo

20. Slide 20: Appendices

    Appendices For personal use only ASX: CZN | PAGE 20

21. Slide 21: Aileron - A New IOCG Province?

    Aileron - A New IOCG Province? For personal use only Reference:- Dr Roger Skirrow – Geoscience Australia. Australia’s iron oxide copper-gold provinces: World-class opportunities. PDAC 2013. ASX: CZN | PAGE 21

22. Slide 22: TUR: Intersection of Craton Scale Faults

    TUR: Intersection of Craton Scale Faults For personal use only Top Up Rise From Spaggiari et al (2008) – Geological Survey of Western Australia – Record 2008/2. Interpretation of major structures and tectonic units of the western Arunta, showing outcrop locations of field observations (WAROX databas

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