Cannindah Resources Limited · ASX:CAE
Cannindah Resources — Investor Presentation (September 2023)
23 slides from Cannindah Resources's investor presentation, Sep 21, 2023
Slide 1: Cannindah Resources Critical Metals Exploration
For personal use only CRITICAL METALS EXPLORATION ASX: CAE
Slide 2: Disclaimer
Disclaimer For personal use only This presentation includes certain forward looking statements, estimates and projections with respect to the future performance of Cannindah Resources Limited. Such statements, estimates and projections reflect various assumptions concerning anticipated results, whic
Slide 3: Company information and share structure
Name Shares Capital Aquis Finance Pty Ltd 223,189,984 39.71% 4Js Pty Ltd 22,000,000 3.91% For personal use only Board and Management 37,453,915 6.66% Company information including CAE share price correlation to copper and gold price ASX Code CAE Share price A$0.11 (Sept 2023) Market Cap A$62 M Share
Slide 4: Excellent Project Location
Excellent Project Location For personal use only 100km south of port of Gladstone and west of Bundaberg; Haul road to Gladstone passes the mine gate; Small town of Kalpower three minutes from site; Larger township of Monto 35 minutes from site on sealed road; Bruce Highway 50 minutes from site on we
Slide 5: Mt Cannindah Project Summary
Mt Cannindah Project Project Summary For personal use only
Slide 6: High Quality Assets 100% owned by Cannindah Resources
Mt Cannindah 23 diamond drill holes completed by CAE Percy Marlow Recent Induced Polarisation Geophysical survey identified new anomalous target areas to potentially increase scale For personal use only Two new EPM targets adjoining High Quality Mt Cannindah includes many exciting target areas yet t
Slide 7: Induced Polarisation Geophysics (IP Survey)
INDUCED POLARISATION GEOPHYSICS (IP SURVEY) For personal use only Mt Cannindah Project 2023 IP survey areas in relation to prospect areas and mineralised targets. Note location of 2021-2023 CAE diamond drillholes at Mt Cannindah Breccia & Cannindah East shown with red stars. Thick pink lines show an
Slide 8: IP Survey cross section
IP SURVEY For personal use only Example of a cross section of one of the regional lines showing the undrilled anomalous areas below the surface See ASX Release June 28, 2023
Slide 9: Chargeability models of regional lines
For personal use only Perspective view of 2D Chargeability Models of 400m spaced regional lines, looking towards north east 500m scale squares.
Slide 10: IP survey new targets with drill holes
For personal use only IP Survey new targets with drill holes into Mt Cannindah breccia zone
Slide 11: Copper gridded soil data
For personal use only Mount Cannindah Project area, Copper Gridded Soil data (CAE 2023, including historical company data 1980s - 2015). Copper ppm in soils collected and analysed to July 2023 by CAE. Good relationships between soil geochemical features and IP anomalies. 400m spaced IP lines with hi
Slide 12: Gold gridded soil data
For personal use only Mount Cannindah Project area, Gold Gridded Soil data (CAE 2023, including historical company data 1980s - 2015). Gold ppb in soils collected and analysed to July 2023 by CAE. Good relationships between soil geochemical features and IP anomalies. 400m spaced lines with higher go
Slide 13: Significant Gold at Mt Cannindah
Significant Gold at Mt Cannindah • High Grade Gold Discovery in Hole 18 (18m@6.3g/tAu) opens up southern extension at Mt Cannindah. • (171m @ 0.9g/tAu,0.3%Cu,8 g/t Ag) For personal use only Highlights include:- 67m @ 1.96 g/t Au (195m-262m) , which includes : 41m @ 3.07 g/t Au, 0.34%Cu,14,4g/tAg(2.3
Slide 14: For personal use only
Example of the many For personal use only impressive holes into the breccia was Hole 3 drilled into a previously identified IP anomaly at the Mt Cannindah breccia zone 493m @ 1.14%CuEq. Newly identified anomalous IP target zones remain undrilled. See ASX Release June 28, 2023
Slide 15: Mt Cannindah copper resource more robust in grade and size
Mt Cannindah copper resource more robust in grade and size from recent drilling View of mineralisation within the Mt Cannindah breccia area showing significant width of hole 14 through the massive intercept of hole 9. Width from Hole 14 provided For personal use only 132m @ 1.25%CuEq (0.98%Cu) and c
Slide 16: Mt Cannindah copper resource more robust in grade and size
Mt Cannindah copper resource more robust in grade and size from recent drilling For personal use only • View of resource area at the Mt Cannindah Breccia zone from surface looking North and South in section; • More up to date knowledge at Mt Cannindah breccia from current drilling and location of th
Slide 17: Hole 19 Observations
Extending the mineralization to the north and the south at depth along with updating width significantly increasing the size of known copper For personal use only zones and identifying new gold zones has been a success with current drilling. Hole 19 Observations These images depict some core from ho
Slide 18: High grade copper and gold hits
What we like to see at Mt Cannindah is high grade copper and gold hits with diamond For personal use only drilling this is a good example High grade chalcopyrite –pyrite vein . Hole # 11, 190m-191m assays 1m @ 7.73% Cu,5.47g/t Au, 140.8 g/t Ag, 17.92 % S. Looking east along E-W structure see ASX Rel
Slide 19: Copper investment thesis
For personal use only Copper investment thesis
Slide 20: Piccadilly Project
Piccadilly Project For personal use only • Large intrusive related gold system target; • Located approx. 100km from port city of Townsville; • Drilling has returned gold results from all 31 RC holes; • Existing mining lease 1442; • New application areas adjacent to the current EPMs of 18322 and 1619
Slide 21: High grade gold
High grade gold For personal use only • Visible gold in gossanous quartz veining at Piccadilly western slot trench sample shown under hand lense; • Surface trench sampling has been very effective in identifying high grade gold bearing quartz veining; • Excellent example of this high grade gold in tr
Slide 22: The future looks bright
The future looks bright ● Large scale systems building in size; ● Excellent drilling results to date delivering on significant For personal use only scale and grade. Future focus on new areas of interest from IP and drill data, identification of large scale Porphyry system ● Significant copper, gold
Slide 23: Thank you
For personal use only Thank you ASX: CAE
Cannindah Resources — Investor Presentation (September 2023) on 6ix