Slide 1: Uniquely positioned with quality projects – Company Presentation
For personal use only Uniquely positioned with quality projects hosting commodities critical for the rapidly growing Rechargeable Battery Sector Company Presentation 17th October 2018 LEVEL 1, 329 HAY ST, SUBIACO WA 6008 | PO BOX 8187, SUBIACO EAST WA 6008 | +61(8) 6142 6366 | INFO@CORAZON.COM.AU |
Slide 2: Forward Looking Statement
Forward Looking Statement For personal use only This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future outcomes will in
Slide 3: Booming Rechargeable Battery Sector
Booming Rechargeable Battery Sector For personal use only Tr adi t i onal Emer gi ng Ener gy Sour ces Ener gy Sour ces Ur bani sat i on Growth in traditional energy Desire and demand for alternate sector will struggle to keep renewable energy sources pace with demand Power storage and Govern
Slide 4: Cobalt & Nickel at the Core of a Good Battery
Cobalt & Nickel at the Core of a Good Battery For personal use only LITHIUM ION (Li-Ion) – BATTERY OF CHOICE Gaining importance – EV’s and grid Better specific energy and power density storage qualities. For EV’s, the relationship between power High capacity – cell phone, laptop, delivery and sp
Slide 5: Cobalt & Nickel Metal Price Performance
Cobalt & Nickel Metal Price Performance For personal use only The entire EV supply chain is relying on the DRC’s cobalt New growing demand production to match for Class 1 nickel accelerating demand Chart Sources: LME Charts, Canaccord Genuity – May 2017. 5
Slide 6: Cobalt & Nickel Metal - Demand Driven Commodities
Cobalt & Nickel Metal - Demand Driven Commodities For personal use only COBALT - CRITICAL INGREDIENT FOR Li-Ion BATTERIES NICKEL GROWING DEMAND IN ALL SECTORS Cobalt – small market - prices can be driven by Nickel demand very much pegged to the Stainless Steel sentiment, however, fundamentals su
Slide 7: Two Quality Projects
Two Quality Projects For personal use only Lynn Lake Nickel-Copper-Cobalt 100% control of entire historical mining centre Beneficial infrastructure and large remnant resources Easy development opportunity Exciting exploration potential Recent drilling has discovered another large magmatic
Slide 8: Mt Gilmore Project NSW
For personal use only Mt Gilmore Project NSW
Slide 9: Mt Gilmore Project – Point of Difference
Mt Gilmore Project – Point of Difference For personal use only THE COBALT RIDGE PROSPECT First World location +90% of metal captured in <10 of the mass feed Sulphide cobalt dominant mineralisation via simple flotation Project Simple, low capital processing options processing Location Map Qua
Slide 10: Cobalt Ridge Drilling – High Grade Cobalt
Cobalt Ridge Drilling – High Grade Cobalt For personal use only 27m @ 0.47% Co, 0.15% Cu 32m @ 0.15% Co, 0.25% Cu Cobalt Ridge Main Lode A Parallel zones of B mineralisation to 5m @ 2.14% Co, 0.33% Cu north & south 10
Slide 11: New Cobalt Mineralisation Discovered
New Cobalt Mineralisation Discovered For personal use only MT GILMORE TREND Large metal-rich corridor >18km strike – underexplored Widespread Co-Cu-Au anomalism – huge hydrothermal system Multiple new targets – most basement outcrops anomalous in metals Detailed work underway to better defin
Slide 12: Lynn Lake Project Canada
For personal use only Lynn Lake Project Canada
Slide 13: Lynn Lake Nickel-Copper-Cobalt Sulphide Project
Lynn Lake Nickel-Copper-Cobalt Sulphide Project For personal use only PROLIFIC HISTORICAL MINING CENTRE Big system – multiple orebodies 1 mt/yr operation from 1954 to 1976 100% controlled(1) by Corazon Mining Excellent infrastructure – power, water & township Rising metal prices result in
Slide 14: Lynn Lake Nickel-Copper-Cobalt Sulphide Project
Lynn Lake Nickel-Copper-Cobalt Sulphide Project For personal use only HISTORICAL PRODUCTION MODERN DISCOVERIES A Plug Mine Tango - 2010 18Mt @ 0.88% Ni + 0.47% Cu 17m @ 0.6% Ni & 0.30% Cu EL Plug Mine Disco - 2008 1.9Mt @ 2.4% Ni + 1.15% Cu 18m @ 1.5% Ni, 0.70% Cu & 0.04 %Co CURRENT JORC RESOURCE EL
Slide 15: Lynn Lake - Seeking Resource & Processing Improvements
Lynn Lake - Seeking Resource & Processing Improvements For personal use only JORC Base Cut Tonnes Tonnes Ni % Cu % Co % Category Ni % Ni Cu Co Indicated 0.5 12,899,000 0.7 0.33 0.034 89,700 42,900 4,400 Inferred 0.5 2,403,000 0.86 0.35 0.034 20,600 8,500 800 Total 0.5 15,302,000 0.72 0.34 0.034 110,
Slide 16: Lynn Lake Exploration – In the Shadow of a Headframe
Lynn Lake Exploration – In the Shadow of a Headframe For personal use only ONE OF THE BEST NICKEL SULPHIDE EXPLORATION PLAYS IN NORTH AMERICA Abundant drill defined mineralisation within Mining Centre outside of resource area Drilling at FLC - 2017 11 deposits yet to be reviewed for remnant tonn
Slide 17: Corazon - An Overview
Corazon - An Overview For personal use only PROJECT QUALITY Two exceptional projects Demonstrated prospectivity Targeting key, demand-driven commodities – Cobalt and Nickel ACTIVE EXPLORATION COMPANY – ADDING VALUE & GENERATING NEWS The Mt Gilmore Project – Exploration defining a big hydroth
Slide 18: Corporate Overview
Corporate Overview For personal use only ASX: CZN Shareholders Total Ordinary Shares on Issue 1,265m Top 20 Shareholders 36% Options on issue 145m Board and Management 1.74% Market Capitalisation ($0.008/share) $10.12m Hanking Australia Investments 11.54% Trading Range (1 year) $0.007-$0.03 Crescent
Slide 19: Competent Person's Statement
Competent Person’s Statement For personal use only The information in this report that relates to Exploration Results and Targets is based on information compiled by Mr. Brett Smith, B.Sc Hons (Geol), Member AusIMM, Member AIG and an employee of Corazon Mining Limited. Mr. Smith has sufficient exper
Slide 20: For personal use only
For personal use only LEVEL 1, 329 HAY ST, SUBIACO WA 6008 PO BOX 8187, SUBIACO EAST WA 6008 +61(8) 6142 6366 INFO@CORAZON.COM.AU WWW.CORAZON.COM.AU