Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (May 2025)
23 slides from Culpeo Minerals's investor presentation, May 7, 2025
Slide 1: Break Through Discovery in the Land of the Copper Giants
For personal use only LANA CORINA VISTA MONTANA BREAK THROUGH DISCOVERY IN THE L AND OF THE COPPER GIANTS ASX:CPO | OTCQB:CPORF May 2025
Slide 2: Disclaimer
Disclaimer This Presentation and any accompanying verbal Presentation (together the Presentation) has been prepared by Culpeo Minerals Limited (Culpeo or the Company) and approved by the Executive Chairman of the Company. The information contained in the Presentation (Information) is a summary only
Slide 3: Three Quality Projects on the Chilean Coastal Belt
THREE QUALIT Y PERU PROJECTS BOLIVIA ON THE For personal use only CHILE INFRASTRUCTURE L ADEN CHILEAN Antofagasta 3. Jupiter COASTAL BELT Copiapo 1. Lana Corina Project CHILEAN COPPER La Serena 2. Fortuna A new high-grade outcropping DEVELOPMENT 1. Lana Corina discovery: 454m @ 0.93% CuEq1 Cu Mo San
Slide 4: There Is No Question the World Needs More Copper
For personal use only CHILEAN COPPER DEVELOPMENT THERE IS NO QUESTION THE WORLD NEEDS MORE COPPER CULPEO MINERALS ASX:CPO | OTCQB:CPORF INVESTOR PRESENTATION 4
Slide 5: Corporate Overview
CORPORATE OVERVIEW HIGH-QUALIT Y PORTFOLIO OF For personal use only ASSETS IN THE PREMIER COPPER PRODUCING REGION FEATURING THE NEWLY DISCOVERED HIGH-GRADE LANA CORINA COPPER MOLYBDENUM PROJECT 100% CHILEAN ASSET FOCUS IN THE LAND OF THE COPPER GIANTS DYNAMIC AND SYSTEMATIC EXPLORATION TO UNLOCK FUL
Slide 6: Lana Corina Project: Game Changing Outcropping Copper Discovery
1. Lana Corina Project Game Changing Outcropping Copper Discovery HIGH-GRADE COPPER PLAN VIEW OF THE LANA CORINA PROJECT For personal use only • 454m at 0.93% CuEq from 90m (CMLCD014) 4 including; • 78m at 1.24% CuEq from 200m. • 257m at 1.10% CuEq from 170m (CMLCD002)1; • 173m at 1.09% CuEq from 31
Slide 7: Regional Potential with Outcropping Copper Targets over 3km of Strike
1. Lana Corina Project Regional Potential with Outcropping Copper Targets over 3km of Strike Plan view showing Lana Corina detailed surface Plan view of high-resolution ground magnetic data For personal use only geology map and the high priority targets 1. (high-pass filtered TMIRTP) 2,3. Interprete
Slide 8: Is the Initial Discovery Just the First in a Multi-Deposit System?
1. Lana Corina Project Is the Initial Discovery Just the First in a Multi-Deposit System? NEW HIGH-PRIORITY PORPHYRY TARGET VISTA MONTANA PORPHYRY TARGET For personal use only • Mapping, rock chip, channel sampling and Interpreted intrusive geophysics confirmed a well-defined 250m centre by 250m cop
Slide 9: Lana Corina: Very Large, Linked System Potential
1. Lana Corina Project PHASE 1 DRILLING (CMLCD014) Very large, linked system potential High-grade Cu zone 454m at 0.93% CuEq (90m - 544m)1 Lana Corina High-grade Mo zones Vista Montana 46m at 1,638 ppm Mo (498m – 544m) For personal use only Outcropping breccia Surface copper anomaly 30m at 613 ppm M
Slide 10: Fortuna Project: Outcropping Targets North of Lana Corina
2. Fortuna Project Outcropping Targets Immediately North of the Lana Corina Discovery NINE HIGH-PRIORITY OUTCROPPING TARGETS PLAN VIEW OF THE FORTUNA PROJECT1,2,3,4,5,6,7,8 For personal use only – Vaca Muerta – Piedra Dura – La Florida – El Quillay North – El Quillay Central – El Quillay South – El
Slide 11: High Priority El Quillay North Target
2. Fortuna Project High Priority El Quillay North Target Maiden drill hole intersected: PLAN VIEW OF EL QUILLAY PROSPECT3,4,5,6,7,8,9,10,11. For personal use only • 26m at 0.81% CuEq, including 4m @ 1.87% CuEq1. • Induced polarisation (IP) anomaly identified a 500m x 300m target less than 100m below
Slide 12: El Quillay West IP Target
2. Fortuna Project El Quillay West IP target INTERPRETED EL QUILLAY FAULT ZONE EL QUILLAY WEST TARGETS For personal use only • Multiple targets generated through remodelled geophysics1. • Includes a large 500m x 300m PDIP chargeability anomaly (right), indicative of copper sulphide mineralisation. •
Slide 13: Porphyry Copper and Gold System at La Florida Prospect
2. Fortuna Project Porphyry Copper and Gold System at La Florida Prospect – First Drill Targets Defined MINERALISATION AT LA FLORIDA PLAN VIEW OF THE LA FLORIDA PROSPECT 1 For personal use only Copper sulphide present as chalcopyrite Sample # CPO0008692 - Copper oxide present as malachite and chryso
Slide 14: Jupiter Project: Exciting New Copper Exposure
3. Jupiter Project Exciting New Copper Exposure GREENFIELD EXPLORATION For personal use only ZONE 1 • Acquired April 2025. • Large, tenement package approximately 4,000ha. • Two anomalous zones 5km long and 3km wide. • Due diligence sampling returned surface grades up to 4.33% Cu and 3.24g/t Au1. •
Slide 15: Active Copper Exploration: Strong News Flow in 2025
PROJECT ACTIVITY Q1-25 Q2-25 Q3-25 Q4-25 JUPITER Mapping, geochemistry and geophysics program ■ ■ For personal use only FORTUNA Drilling at La Florida and El Quillay Prospects ■ ■ LANA Drilling at Vista Montana ACTIVE COPPER CORINA and Lana Corina ■ ■ E XPLORATION STRONG NE WS TARGETING SET TO DELIV
Slide 16: Corporate Snapshot
Corporate Snapshot Compelling Entry Price with Strong Leverage to Further Exploration Success CAPITAL STRUCTURE MAJOR SHAREHOLDERS For personal use only Share price1 A$0.011 15% Shares on issue2 217M Board and management 39% Unlisted options and rights2 26M Top 20 1832 Asset Management L.P. Market c
Slide 17: Board and Senior Management
Board and Senior Management Successful Track Record of Discovery, Project Development and Value Creation For personal use only Geoff Zeffron Paul Sergio McNamara Reeves Schmiede Uribe EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR CHILEAN COUNTRY MANAGER • Over 30 years’ of internatio
Slide 18: Quality Copper Portfolio Featuring the Newly Discovered Lana Corina Project
QUALITY COPPER PORTFOLIO FEATURING THE NEWLY DISCOVERED HIGH-GRADE LANA CORINA COPPER MOLYBDENUM PROJECT For personal use only 100% CHILEAN ASSET FOCUS IN THE LAND OF THE COPPER GIANTS DYNAMIC AND SYSTEMATIC EXPLORATION CHILEAN COPPER TO UNLOCK FULL ASSET POTENTIAL DEVELOPMENT FOR A CLEAN PROVEN TEA
Slide 19: Appendices
For personal use only APPENDICES
Slide 20: Appendix A: Lana Corina Diamond Drilling Results
Appendix A Lana Corina Diamond Drilling Results: • 454m @ 0.93% CuEq from 90m (CMLCD014) 9 including; For personal use only • 78m @ 1.24% CuEq from 200m; and • 68m @ 1.14% CuEq from 320m; and • 40m @ 1.20% CuEq from 394m. • 257m @ 1.10% CuEq from 170m (CMLCD002)2; • 173m @ 1.09% CuEq from 313m (CMLC
Slide 21: Appendix B: Additional Information
Appendix B Additional Information COPPER EQUIVALENT (CuEq) VALUE CALCULATIONS COMPETENT PERSONS’ STATEMENTS For personal use only The information in this announcement that relates to the historic Exploration Results and Geophysical Results as listed • Assumed commodity prices: Cu US$3.00/lb, Au US$1
Slide 22: Appendix C: Earn-In Schedules
Appendix C Earn-In Schedules Lana Period from Work Stage Aggregate Period from Cash Work Stage Aggregate For personal use only Consideration2 Fortuna3 Corina1 original signing Commitment Interest Interest original signing Consideration Commitment Interest Interest (Months) (US$) Description (%) (%)
Slide 23: Contact
For personal use only C O N TAC T LEVEL 39, 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6383 7894 info@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au