Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — ShareCafe Small Cap "Hidden Gems" Webinar (October 2021)
19 slides from Lcl Resources's conference presentation, Oct 7, 2021
Slide 1: Investor Webinar Presentation (ASX Announcement)
7 October 2021 ASX Announcement ASX: LCL INVESTOR WEBINAR PRESENTATION For personal use only Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) is pleased to announce its participation in the ShareCafe Small Cap "Hidden Gems" Webinar, to be held Friday 8th of October 2021 from 12:30pm AEDT /
Slide 2: Ready to Capitalise on Our Dominant Position in the Mid-Cauca Gold Belt
For personal use only READY TO CAPITALISE ON OUR DOMINANT POSITION IN THE RICHLY ENDOWED MID-CAUCA GOLD BELT COLOMBIA October 2021 JASON STIRBINSKIS
Slide 3: Nature of This Document / Competent Persons Statement
NATURE OF THIS DOCUMENT Many factors could cause the Company’s actual results to differ materially from COMPETENT PERSONS STATEMENT those expressed or implied in any forward-looking information provided by the This presentation has been prepared by Los Cerros Limited (ACN 119 759 349) Company, or on
Slide 4: Corporate Overview
CORPORATE OVERVIEW SHAREHOLDER BOARD OF For personal use only BASE DIRECTORS CAPITAL STRUCTURE Predominantly Australian retail shareholder base with Los Ross Ashton Cerros Directors holding ~2.3% and Non-Executive Chairman #1 Shareholder - Lizeng Pty Ltd (8.8%) Shares on issue1 625.9 million North A
Slide 5: Focused on Discovery of Tier 1 Au/Cu Projects
FOCUSED ON DISCOVERY OF TIER 1 AU/CU PROJECTS For personal use only Dominant control in two Quinchia gold project, gold districts of Mid Cauca (100%) incudes the porphyry belt (Miocene) advanced Miraflores Reserve, large Tesorito porphyry, which hosts many multi- Chuscal prospect and million ounce d
Slide 6: Drill Intercepts Comparable to the Best of Our Neighbours
DRILL INTERCEPTS COMPARABLE TO THE BEST OF OUR NEIGHBOURS & SOME GLOBALLY NOTEWORTHY For personal use only GRAM. INTERSECTION FROM INCLUDING LOCATION METERS 629m @0.88 g/t Au 553 Surface 460.9m @ 1.11 g/t Au from 0m Tesorito TS-DH16 161m @3.23 g/t Au 520 183m 60.0m @ 5.48 g/t Au from 225m Miraflores
Slide 7: Quinchia
For personal use only QUINCHIA A nest of targets with big potential. • Includes Miraflores, Tesorito, Ceibal, Chuscal, Dosquebradas and earlier stage targets. • Sits in the prime location of Colombia’s highly prospective Mid-Cauca porphyry belt, hosting multi-million ounce gold and copper/gold disco
Slide 8: Quinchia Project
QUINCHIA PROJECT For personal use only The Quinchia Gold Project has several advanced deposits, including a Reserve at Miraflores, all within ~3km radius o Advanced Miraflores DFS (2017) underpins core 1 value. DFS demonstrated NPV US$89M at US$1,400/oz gold price with modest CapEx o Final submissio
Slide 9: What Does the Gold Price Mean for Miraflores?
WHAT DOES THE GOLD PRICE MEAN FOR MIRAFLORES? For personal use only o Miraflores -Measured and Indicated Mineral Resources of 9.27Mt @ 2.82g/t Au and 2.77g/t Ag for 840koz gold & 826koz silver 1 o Miraflores DFS - 4.32Mt @ 3.29g/t Au for 457koz Reserve, CapEx - US$72M. 2 PROXIMITY MAGNIFIES UPSIDE A
Slide 10: Quinchia Project Tesorito
QUINCHIA PROJECT TESORITO CURRENTLY DRILLING! TESORITO SOUTH o Near surface mineralised porphyry ~0.5km from proposed For personal use only Miraflores plant location o Very wide porphyry intercepts from near surface. 14 drill holes of 200+m grading ~1g/t Au Plan view of Tesorito showing select drill
Slide 11: Quinchia Project Tesorito West and North
QUINCHIA PROJECT TESORITO WEST AND NORTH For personal use only TESORITO WEST TESORITO NORTH o Zones of porphyritic diorite o Early stage exploring and magmatic breccia west anomalous surface Au and of fault Mo. First holes encouraging o Potential new porphyry or but haven’t hit the porphyry yet part
Slide 12: Quinchia Project Ceibal Target
QUINCHIA PROJECT CEIBAL TARGET For personal use only o Large-scale surface footprint, with a 800m x 600m Au-Cu-Mo soil anomaly and adjacent magnetic anomaly o Shares many similarities with Tesorito including regional structural setting and lithology o Ceibal promoted to be evaluated within the 2021
Slide 13: Andes Project
For personal use only ANDES PROJECT Enormous parcel of land with enormous potential. • Numerous established exciting targets • Epithermal and porphyry • Barely scratched the surface! The Andes Region
Slide 14: Andes Project Summary
ANDES Summary of PROJECT Mo Bi For personal use only As anomalies o 14k surface samples, LIDAR, aeromag (porphyry pathfinders) o 12 targets forming 5 mineralised corridors ~40km of combined strike in mid-Cauca Porphyry Belt over soil grid gold and LIDAR base map o Multiple anomalous zones identified
Slide 15: Why Los Cerros
For personal use only WHY LOS CERROS o Value creation from existing tenement portfolio with opportunistic additions to the portfolio o Colombia based team • Experienced Colombian geological team leading exploration • Efficient and effective review and analysis of opportunities • Minimal operational
Slide 16: Pathway to Value
PATHWAY TO VALUE For personal use only o Well funded with market momentum o Substantial project pipe line and exploration program o Strategic optionality - Production pathway at Miraflores; Grow CEIBAL = QUINCHIA PROJECT porphyry discoveries; Greenfield targets across Andes and Surface anomalism and
Slide 17: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE For personal use only 2020/21 ESG Highlights EMPLOY LOCAL TRAIN LOCALS LOOK AFTER ENGAGE LOCAL OUR EMPLOYEES US$8M spent in Colombian economy Training courses and attendees 8,000 meals 25.5% spent directly in local • Employee induction training - 40 provided comm
Slide 18: 2020 ESG Highlights
2020 ESG HIGHLIGHTS For personal use only Los Cerros Ltd. Destined for great things to the benefit of shareholders and community. BE OPEN AND MINIMISE OUR MODEL TRANSPARENT FOOTPRINT BEHAVIOUR Number of sites re-vegetated 13 meetings with Rapid COVID Response the community relating 15 platforms buil
Slide 19: Managing Director Jason Stirbinskis
For personal use only MANAGING DIRECTOR JASON STIRBINSKIS www.loscerros.com.au info@loscerros.com.au
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