Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Cygnus Gold — Non-Deal Roadshow (June 2018)
14 slides from Cygnus Metals's roadshow presentation, Jun 20, 2018
Slide 1: High grade gold in SW Western Australia
For personal use only High grade gold in SW Western Australia James Merrillees Managing Director Roadshow Presentation June 2018
Slide 2: Cautionary statements
Cautionary statements For personal use only This presentation contains summary information about Cygnus Gold Limited (Cygnus or the Company). The information in this presentation is of general background and does not purport to be complete. Forward looking statements This presentation may contain ce
Slide 3: Investment highlights
Investment highlights For personal use only • Experienced team of mine finders and developers • New targeting approach in under-explored region with numerous high grade gold prospects - ~8,000km2 tenement package • Recent IPO leveraged to exploration success: Early drilling success on Stanley (20km
Slide 4: Corporate snapshot
Corporate snapshot Major Shareholders Shares % Resource Capital Funds (RCF) 9,166,667 15.11% ASX Symbol CY5 For personal use only Southern Cross Capital (US HNW) 7,500,000 12.36% Shares on Issue 60,683,341 Gold Road Projects 3,750,000 6.18% Market Cap. (@ $0.11) $6.6m Board & management 9,326,003 15
Slide 5: High grade gold in the Wheatbelt, WA
High grade gold in the Wheatbelt, WA ~8,000km2 in underexplored greenstone terrane For personal use only • Significant ground position for gold exploration in the Southwest Terrane within the prolific Yilgarn Craton • Poorly explored due to widespread post-mineral cover and limited geophysical data
Slide 6: Bottleneck - shallow, high-grade gold
Bottleneck - shallow, high-grade gold1 First core holes drilled at Stanley For personal use only • BNDD001 • 9.5m @ 29.2 g/t Au from 36.7m (incl 2.4 m @ 114 g/t Au) • BNDD003 • 10.9m @ 15.1 g/t Au from 24.7m (incl. 4.8 m @ 34 g/t Au) • BNDD006 (fresh rock) • 6m @ 3.3 g/t Au from 157.5m (incl. 2 m @
Slide 7: Stanley - multiple high-grade prospects, 100% Cygnus
Stanley - multiple high-grade prospects, 100% Cygnus >20 km strike length of prospective greenstone geology, limited deep drilling For personal use only • Bottleneck 1 • BNDD001: 9.50m at 29.20 g/t Au • BNDD003: 10.9m @ 15.1 g/t Au (incl. 4.8m @ 34 g/t Au) • Stanley Hill • 8m @ 0.31 g/t Au in SHRC03
Slide 8: Stanley – Stanley Hill zone
Stanley – Stanley Hill zone >5km section of Stanley Greenstone, first deep RC hole intersects mineralisation For personal use only • Detailed ground gravity successfully mapped out greenstone geology and structural targets • Historical aircore drilling included 1: • 3m @ 3.77 g/t Au • 3m @ 1.55 g/t
Slide 9: Bencubbin Project
Bencubbin Project 100% CY5 – co-funded drilling Au targets For personal use only • 10km-long greenstone belt, 220km NE of Perth • Initial focus on the Jefferies gold prospect1, where previous explorers defined a ~3.5km long auger gold anomaly with assay values up to 566ppb Au • Historical exploratio
Slide 10: Gold Road joint ventures
Gold Road joint ventures Experienced technical partner For personal use only • Cygnus managing three JV projects covering ~5,000km2 • 2018 target testing (subject to approvals): • Geophysical surveys (targeting mafic host rocks) • Surface sampling • AC and RC drilling • Wadderin/Lake Grace Earn-in J
Slide 11: Progress since IPO January 2018
Progress since IPO 15 January 2018 ~7,400m drilling completed to date For personal use only • Ongoing drill programs • New JV with Gold Road at Yandina • Additional tenement applications in the southwest • Detailed ground gravity at Stanley • Target generation and testing on 100% & JV ground 11
Slide 12: 2018 Exploration
2018 Exploration Active exploration on existing and new projects For personal use only • Stanley drilling : • Results pending on six diamond ‘tails’ testing shallow, high grade gold targets at Bottleneck, and diamond hole (BNDD007) testing structural zone at Brays • Further AC and RC drilling planne
Slide 13: Exploration programs
Exploration programs For personal use only IPO June 2018 12 month program DD, RC & AC Drilling, AC drilling new targets, RC/DD Drilling, AC Drilling STANLEY Expanded geophysical RC drilling Stanley and new targets surveys Brays Database, targeting, Regional geochemistry, AC/RC drilling, Initial reco
Slide 14: Cygnus Gold - Contact
Cygnus Gold - Contact For personal use only James Merrillees Managing Director – Level 3, 20 Parkland Rd, Osborne Park, WA 6017 PO Box 2215, Churchlands, WA 6018 – E: j.merrillees@cygnusgold.com T: +61 8 9489 2680 W: www.cygnusgold.com 14