Core Energy Minerals Ltd · ASX:CR3
Core Energy Minerals — Investor Presentation (October 2021)
24 slides from Core Energy Minerals's investor presentation, Oct 14, 2021
Slide 1: Investor Presentation
Investor Presentation October 2021 ASX : OAR oarresources.com.au F1S : FRA
Slide 2: Disclaimer
DISCLAIMER This presentation and any oral presentation accompanying it, has been prepared by Oar Resources Ltd (“Oar”, “OAR” or “the Company”). It should not be considered as an offer or invitation to subscribe for, or purchase, any securities in the Company or as an inducement to make an offer or i
Slide 3: About Oar Resources
About OAR RESOURCES Oar Resources Limited (ASX: OAR) is a diversified minerals explorer with a portfolio of projects in key, demand-driven commodities offering substantial upside: WA, AUSTRALIA Flagship NEVADA, USA SA, AUSTRALIA Crown Project CROWN Approaching First Drilling ALPINE GIBRALTAR PROJECT
Slide 4: Company Metrics
Company Metrics (ASX: OAR) Top 100 37% Top 50 28% Market Cap $22.2 million Share Price $0.013 Top Shares on issue 1.85 billion Shareholders Options on Issue (OARO: $0.04 – 31 Dec 2021) 546.4 million (OAROC: $0.03 – 30 Nov 2021) 121.2 million Cash on Hand 52 week (Low – High) 30 -day Average Vol $2.5
Slide 5: Board & management
Board & management Christopher Gale David Vilensky Joseph van den Elsen Anthony Greenaway Executive Chairman Non-Executive Director Non-Executive Director GM - Geology Mr Gale has extensive Mr Vilensky is a practising Mr. van den Elsen is Mr. Greenaway is a qualified experience in senior corporate l
Slide 6: Crown Project
CROWN PROJECT JULIMAR DISTRICT, YILGARN CRATON, WESTERN AUSTRALIA • 8000Ha of unexplored ground • 20 Targets identified • Field work well underway OAR RESOURCES 6
Slide 7: Green Metals
Green Metals These metals are key to a low-carbon future: Copper (Cu) Nickel (Ni) Platinum Group Elements (PGE) Used in renewables and battery An ingredient needed for Primarily used in catalytic storage as well as general wiring batteries and is expected to form converters, which decrease and motor
Slide 8: A major new PGE province in the Yilgarn Craton
a major new PGE province - located in the Yilgarn Craton Western Australia The Yilgarn Craton of Western Australia is one of the largest Archean cratons in the world and provides an optimum geological setting for a wide variety of mineral deposits. • The Julimar District along the western margin of
Slide 9: A prime position
A prime position No other explorers are as close to the Julimar discovery ü Oar was an early-mover, securing prized acreage ü 8km from tier-1 discovery – Chalice’s Gonneville PGE-Ni-Cu Deposit ü Surrounding permits pegged by Chalice ü Unexplored terrain with huge potential ü Historical Chittering Go
Slide 10: Magnetic Survey
Magnetic Survey A detailed geological and structural interpretation was completed by Southern Geoscience Consultants using airborne magnetic and radiometric data. ü Ten different lithologies including metamorphosed mafic volcanic sequences, sedimentary rocks, granite and gneiss bodies. TENEMENT ü Se
Slide 11: 20 targets already identified
20 targets already identified Geological team on the ground now with drill testing aimed to commence on approvals ü The Western margin of the Archean Yilgarn Craton remains largely unexplored ü Both Crown and Chalice’s tier-1 Gonneville discovery lie in a similar geological setting ü Major PGE-Ni-Cu
Slide 12: Exploration Progressing at Crown
Exploration Progressing at Crown Reconnaissance-focused exploration with the objective of finding same geological setting as Gonneville. ü Initial geological mapping and rock chip sampling conducted ü First round of samples despatched to lab for geochemical and whole rock analysis: • major elements
Slide 13: Our approach to The Crown Project
Our approach to The Crown Project Geological team on the ground now with drill testing to commence as soon as permits approved ü Petrography confirms ultramafic rocks containing base metal copper sulphides (chalcopyrite) I ü Ultramafic rocks – key pathfinder for Ni-Cu—PGE discovery ü ~ 75 rock sampl
Slide 14: Huge upside potential
huge upside potential $10.000 $9.000 Drilling to unlock value $8.000 ü Chalice current market cap of $2.2 billion, versus market cap $7.000 of ~$70 million pre- Julimar discovery $6.000 ü Oar current enterprise value $5.000 of less than $20 million ü Significant re-rate potential in $4.000 event of
Slide 15: Crown Project timeline
Crown Project timeline Approaching first drilling Execution of Land Access Agreements Crown Submission of POWs Follow-up soil sampling Drill permitting August September October November December January Identification of drill targets Commencement of field work (mapping outcrop sampling) OAR RESOURC
Slide 16: Alpine Projects
Alpine Lambarson PROJECTs Canyon NEVADA, USA Douglas • Targeting epithermal and Canyon Carlin-style gold deposits Tonopath • drilling confirms primary North epithermal gold mineralisation OAR RESOURCES 16
Slide 17: Alpine Projects
ALPINE PROJECTS Nevada, USA – Drilling October Alpine Gold Projects - Lambarson and Douglas Canyon and Tonopah North all located in Nevada. • Targeting epithermal and Carlin type gold deposits • All three project areas contain strong multi-ounce gold and silver assay results • Four diamond drillhole
Slide 18: Gibraltar Project
Tenement GIBRALTAR Gibraltar Project PROJECT EYRE PENINSULA, SOUTH AUSTRALIA Andromeda MT HOPE Kaolin- • 1069km2 of project area Halloysite Project • Multiple large zones of bright- white kaolin OAR RESOURCES 18
Slide 19: Gibraltar Project
GIBRALTAR PROJECT South Australia Gibraltar Halloysite-Kaolin Project in the Eyre Peninsula, SA. • Detailed analysis has confirmed several very high grade halloysite results within the reconnaissance drilling, with a peak composite result of 53% halloysite iv • Three “Bullseye” anomalies with coinci
Slide 20: Gibraltar Project
GIBRALTAR PROJECT South Australia Gibraltar Halloysite-Kaolin Project in the Eyre Peninsula, SA. • Two drilling programs completed recently. Highlights of results include v: • 3m @ 19.6% halloysite, 42.4% kaolinite from 26m • 3m @ 10.1% halloysite, 45.9% kaolinite from 11m • 13m @ 5.3% halloysite, 8
Slide 21: Upcoming Activity & Catalysts
Upcoming Activity & Catalysts ü Alpine Projects – drilling Douglas Canyon October 2021 ü Crown Project – identify and permitting of drill targets Q4 2021 ü Gibraltar Project – systematic drilling of SW anomaly Q4 2021 ü Supply of Lithium Battery Metal forecast to rise 154% by 2025 ü Battery Metals d
Slide 22: Peru Update
PERU UPDATE ü Peru team now back working post Covid LIMA PERU vaccination status ü 40 TPD beneficiation license upgraded to 340 TPD on Chala Gold plant ü Design of upgrade of plant commenced Ayacucho Cuzco Abancay ü Land access permit submitted Ica Chimu Plant Chala OAR RESOURCES 22
Slide 23: Why Invest?
WHY INVEST? 1. THE RIGHT PLACES 2. THE RIGHT STRATEGY • Crown in the Julimar District, 8km west of Gonneville • Crown: systematic approach to fieldwork to drive PGE-Ni-Cu-Au Deposit (Chalice Mining Ltd) selection of first drill targets • Assets in Nevada, favouring epithermal and Carlin- • Nevada: e
Slide 24: Thank You
ASX : OAR THANK YOU CONTACT Chris Gale Executive Chairman cgale@oarresources.com.au Tony Greenaway General Manager of Geology agreenaway@oarresources.com.au oarresources.com.au OAR RESOURCES 24
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