Cygnus Metals Limited · ASX:CY5
Cygnus Metals — RIU Explorers Conference 2025
19 slides from Cygnus Metals's conference presentation, Feb 18, 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: CY5 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 Capital Structure1 Current A�0.13 For personal use only Shares on Issue 848.3M Current Share Price1 Options & Performance Rights 47.7M2 A�110 M Shareholder Summary3 Market Capitalisation1 Board, Mgt & Advisers 10% Ocean Partner
Slide 4: Cygnus Value Proposition
Cygnus Value Proposition 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 • Strong Cu and A
Slide 5: 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 6: 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 7: Chibougamau North Camp: Significant Exploration Potential
Chibougamau North Camp Significant Exploration Potential 1. For personal use only The Size of the Prize • Quality ore bodies: Copper Rand produced 268kt Cu and 1.3Moz Au1 CHIBOUGAMAU Exceptional opportunity for new NORTH CAMP discoveries in a quality endowed terrane 2. All Deposits Open • Demonstr
Slide 8: 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 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 sw NE Historic Production Historic P
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 Permitting Pathway 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% • Directives for EIA
Slide 12: Opportunity & Strategy
Opportunity & Strategy Multi-Pronged Growth Pathway For personal use only • 2 drill rigs on the ground • Targeting resource extensions and brownfield exploration • Use of modern exploration techniques including geophysics, DHEM etc. • Continue to advance studies required for project development 2025
Slide 13: 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 • Supported by Andean Silver, FireFly Metals and Cygnus Metals founders Steve Parsons For personal use only and Michael Naylor David Southam Ernest Mast Kevin Toml
Slide 14: 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 14
Slide 15: 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 16: Regional Overview: Opportunity for Consolidation
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 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) (%) Indicated 2,700 2.7 0.3 71 22 2.9 For personal use only Corner Bay (20
Slide 18: 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 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