Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Beaver Creek Precious Metals Summit 2025
21 slides from Cygnus Metals's conference presentation, Sep 8, 2025
Slide 1: Quebec Focused Critical Minerals Explorer and Developer
For personal use only Quebec 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 (Resource Update & Upgrade Imminent) Capital Structure1 Current A�0.084 For personal use only Shares on Issue 1,064M2 Current Share Price1 Shareholder Summary1 A�89M Board, Mgt & Advisers 9% Market Capitalisation1 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 resource (UPGRADE AND UPDATE IMMINENT) • Measured and Indicated of 3.6Mt at 3.0% CuEq and Inferred of 7.2Mt at 3.8% CuEq1 • One of the highest grade CuEq resource on the ASX • Comprehe
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 Copper Gold Project
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 7: Chibougamau Copper Gold Project – Deposits
Chibougamau Copper Gold Project High-Grade Copper and Gold Deposits (RESOURCE UPDATE & UPGRADE DUE SHORTLY) Platform for Growth For personal use only • Completed merger with Dore Copper • Recently consolidated 282km2 landholding • Centralised 900ktpa processing plant • 4 deposits with Mineral Resour
Slide 8: Chibougamau North Camp – Exploration and Resource Growth Potential
Chibougamau North Camp Significant Exploration and Resource Growth Potential Intersections Outside Resource For personal use only 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) 7.0m @ 9.7 CuEq
Slide 9: 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 Refer to ASX releases dated 15 Octobe
Slide 10: Resource Growth in North Camp
Resource Growth in North Camp High Grade Gold at Golden Eye – Up to 60.8g/t AuEq (NEW RESOURCE IMMINENT) Open with Visible Gold Down Dip INITITAL RESOURCE Q3 CY2025 For personal use only • First drill hole returns 3.3m @ 6.6g/t Au including 2.3m @ 9.1g/t Au1 • Subsequent intersections include: 1. 7.
Slide 11: Resource Growth & Upgrade at Corner Bay
Resource Growth & Upgrade at Corner Bay The Flagship Asset (UPGRADE TO RESOURCE IMMINENT) Success in First Drill Hole RESOURCE UPGRADE Q3 CY25 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 •
Slide 12: 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 13: 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 14: Regional Overview
Regional Overview Opportunity for Consolidation For personal use only Troilus Project Res – 7.3Moz @ 0.6g/t AuEq Roger M&I - 333Koz @ 0.8g/t Au Inf – 202Koz @ 0.8g/t Au Monster Lake Opemiska Inf - 433Koz @ 12.1g/t Au M&I - 97Mt @ 1% CuEq Only Base Metals Processing Matagami Chibougamau Infrastructur
Slide 15: 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 16: 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 17: The End
The End For personal use only * Image of drill hole CB-20-17 from 973m to 981m. Refer to CY5 ASX release dated 15 October 2024. 17
Slide 18: 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 18
Slide 19: 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) (%) Indicated 2,700 2.7 0.3 71 22 2.9 For personal use only Corner Bay (20
Slide 20: Appendix B: Sources of Information
Appendix B: Sources of Information Source for historic production figures: Leclerc. F, Harris. L. B, Bedard. J. H, Van Breeman. O and Goulet. N. 2012, Structural and Stratigraphic Controls on Magmatic, For personal use only Volcanogenic, and Shear Zone-Hosted Mineralization in the Chapais-Chibougama
Slide 21: 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 — Beaver Creek Precious Metals Summit 2025 on 6ix