Carnavale Resources Limited · ASX:CAV

Carnavale Resources — Investor Presentation (August 2020)

15 slides from Carnavale Resources's investor presentation, August 2020

  1. Slide 1: Investor Presentation

    Investor Presentation “Hunting for the next high-grade Gold and Nickel Sulphide Deposit in Western Australia” August 2020

  2. Slide 2: Cautionary Statement

    Cautionary Statement For Consideration This presentation has been prepared by Carnavale Resources Ltd “Carnavale”. This document contains background information about Carnavale current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or c

  3. Slide 3: Compliance Statement

    Compliance Statement Competent Persons Statement The information that relates to Exploration Results for the Kookynie Project (E40/355, P40/1380 and P40/1381), The Grey Dam Nickel Project and the Mt Alexander Nickel Project (collectively known as the Projects) in this presentation represents a fair

  4. Slide 4: Corporate Overview

    Corporate Overview Targeting high-grade Gold and Nickel Sulphide in Western Australia Capitalisation Data(1) Last 6 Months Share Price Performance(1) A$/share Volume (M) Share Price A$ 0.007 0.008 60.00 0.007 Basic S/O(2) M 1,495.4 50.00 0.006 40.00 Market Cap A$M 10.47 0.005 0.004 30.00 Cash A$M 1.

  5. Slide 5: Board and Management

    Board and Management A strong, highly credentialed Board of Directors and Management team Board and Management Mr Gajewski is an accountant by profession, with many years of experience as a Director of public listed companies and as a Ron Gajewski corporate advisor to public companies. Mr Gajewski w

  6. Slide 6: Key Projects

    Key Projects Hunting for the next high-grade Gold and Nickel Sulphide deposit • Carnavale has 3 high class exploration projects targeting high-grade gold and nickel sulphide located close to Kalgoorlie Western Australia — Kookynie Gold Project (under due diligence) — Grey Dam Nickel Project — Mt Ale

  7. Slide 7: Ideal Commodity Mix: Gold and Nickel Sulphide

    Ideal Commodity Mix: Gold and Nickel Sulphide Gold price has recently hit record highs, striking above The supply of battery grade Nickel Sulphide is in short US$2,000/oz… supply and high demand… Last 5 Years Gold Price Performance (US$/oz)(1) Last 5 Years Nickel Price Performance (US$/t)(2) 2,200 2

  8. Slide 8: Kookynie Gold Project

    Kookynie Gold Project Overview: high-grade gold potential • Kookynie area has >650,000 oz historic high-grade gold production from high-grade quartz vein deposits dating back to late 19th century • Carnavale entered into 12-month Option Agreement to acquire 80% of the Kookynie Project from Western R

  9. Slide 9: Kookynie Gold Project

    Kookynie Gold Project Prospectivity and nearology • Cosmopolitan Mine located 1km east — 360,000oz @ 15g/t Au production • Champion Mine located 1km north — 33,000 @ 17g/t Au production • ASX:GMD Greater Ulyssess Project located 10km to the north — 17Mt @ 2.34g/t Au for 1.28Moz (JORC 2012) • ASX:GMD

  10. Slide 10: Kookynie Gold Project

    Kookynie Gold Project Kookynie high-grade gold target (exploration results are pre JORC 2004) • High-grade gold intersected on EL 40/355 in drilling at Champion South including: — 1m @ 13.1g/t Au — 3m @ 6.8g/t Au inc. 1m @ 14.0g/t Au — 7m @ 1.4g/t Au (end in mineralisation) — 9m @ 2.0g/t Au (end in

  11. Slide 11: Grey Dam Nickel Sulphide Project

    Grey Dam Nickel Sulphide Project Geochemistry Nickel Copper Exploration: Surface Geochemistry – Nickel, Copper, Platinum PGE’s 4m @ 0.47% Ni, • Extensive data review of historic geochemistry, drilling and magnetics by 0.6g/t PGE independent Consultant 12m @ 0.54% Ni 12m @ 0.69% Ni • Drilling envelop

  12. Slide 12: Grey Dam Nickel Sulphide Project

    Grey Dam Nickel Sulphide Project EM Conductors Priority 1 Exploration: drilling plan to test Priority EM Targets Priority 2 • FLEM survey conducted over ultramafic package with anomalous geochem Transported Cover • 5 Strong EM conductors defined by FLEM survey including abundant lower order conducto

  13. Slide 13: Mt Alexander Nickel Project

    Mt Alexander Nickel Project Exploration: cutting edge geochemistry • Carnavale’s testing the same geology that occurs at St George’s Cathedrals belt • The Cathedrals Belt has a unique geological setting. East-northeast trend hosting mineralised ultramafics within granites • Since St George acquired

  14. Slide 14: Project Work Schedule

    Project Work Schedule Exploration programs across the projects 2020 2021 Aug Sept Oct Nov Dec Jan Feb Kookynie DD UFF soils UFF soils Drilling Review P1 UFF Results Drilling Grey Dam P1 UFF Results Drilling Drilling Review UFF soils FLEM Drilling Mt Alexander P1 UFF Results Review P2 UFF soils Revie

  15. Slide 15: Contact

    Contact Ron Gajewski Andy Beckwith Humphrey Hale Carnavale Resources Limited Level 2, Suite 9, 389 Oxford Street Mt Hawthorn, WA, 6016 T: +61 8 9380 9098 F: +61 8 9380 6761 E: admin@carnavaleresources.com W: www.carnavaleresources.com ABN: 49 119 450 243

Carnavale Resources — Investor Presentation (August 2020) on 6ix