Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Noosa Presentation November 2020
21 slides from Cyprium Metals's conference presentation, Nov 10, 2020
Slide 1: Noosa Presentation November 2020
For personal use only N O O S A P R E S E N TAT I O N NOVEMBER 2020 ASX:CYM
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation (Presentation) has been prepared by Cyprium Metals Limited based on information available to it and from third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to Cyprium Metals Limited that you have read,
Slide 3: JORC Statements & Exploration Results
JORC STATEMENTS & EXPLORATION RESULTS For personal use only COMPETENT PERSON STATEMENT The information in this document that relates to Exploration Targets, Exploration Results, Mineral Resources and/or Mineral Reserves is an accurate representation of the available data and is based on the informat
Slide 4: Copper Developer & Explorer
COPPER DEVELOPER & EXPLORER For personal use only Building a mid-tier Australian copper mining business Cue Copper Project (80% CYM) includes Mineral Resources at Hollandaire & high priority drill targets Nanadie Well (100% CYM) includes Mineral Resources1 at Nanadie Well and high priority dri
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only Gary Comb CAPITAL STRUCTURE Non-Executive Chairman Mr Comb is an engineer with over 30 years’ experience in the Australian mining industry, with a ASX Ticker CYM strong track record in successfully commissioning and operating base metal mines. He was Chairman
Slide 6: Murchison Copper
MURCHISON COPPER For personal use only • Cue Copper Project located ~20km E of Cue Township o Hollandaire Mineral Resource2 (JORC 2012) 2.8Mt @ 1.9% Cu o Contained metal of 51.5kt of Cu, 28Koz Au & 0.5Moz Ag o Rapier West, Eelya South Cu-Au mineralised intersections o Mt Eelya Zn-Cu-Ag mineralised i
Slide 7: Strong Platform for Growth
S T R O N G P L AT F O R M F O R G R O W T H For personal use only • Cue Copper Project located ~20km E of Cue Township • Nanadie Well located ~75km ENE of Cue Copper Project o Shallow high-grade copper and gold with exploration upside o Large system of shallow, broad intersections of lower grade co
Slide 8: Cue Copper Project
CUE COPPER PROJECT For personal use only • Hollandaire Cu-Au resource open at depth • Significant background Cu throughout the tenement position • Geophysical surveys required to target higher grade mineralisation • Chalcocite mineralogy does not “light up” with EM geophysics • Complete geophysical
Slide 9: Hollandaire
HOLLANDAIRE For personal use only • Hollandaire Mineral Resource of 2.8Mt @ 1.9% Cu, 0.3 g/t Au & 6.4 g/t Ag • Intercepts5&6 include: o 9.3m @ 15.4% Cu, 2.0g/t Au & 29.0 g/t Ag from 61m (11HOD009) o 10.4m @ 14.9% Cu in drill hole 19HOMET003 from 84.5m downhole including: o 4.5m @ 21.9% Cu with 1.2 g
Slide 10: Hollandaire Metallurgy
H O L L A N D A I R E M E TA L L U R G Y 7 For personal use only • Column test work on Hollandaire massive sulphide mineralisation • Test work conducted to determine optimal copper extraction method • Copper began leaching into solution within 1 hour • Copper leaching into solution resulted in: o Co
Slide 11: Next Steps at Cue
N E X T S T E P S AT C U E For personal use only Hollandaire, Eelya South and Mt Eelya IP to detect weak conductors especially containing chalcocite Eelya South gravity to detect mineralisation drivers and alteration systems Eelya South ground EM to detect weak conductors associated with Fe-Cu
Slide 12: Nanadie Well
NANADIE WELL For personal use only • Located only ~75km ENE of Cue Copper Project • Cu resource at Nanadie Well and advanced prospect at Stark • Resource based on broader zones of Cu mineralisation • Complete geological assessment then geophysics and drilling • Resource drilling on shallower mineral
Slide 13: Nanadie Well Supergene
NANADIE WELL SUPERGENE For personal use only • Strike of 750 metres, open to north and south • Recent near surface intercepts include8: • 6m @ 4.79% Cu and 0.36 g/t Au from 1m (NRC19005) • 6m @ 1.48% Cu and 4.11 g/t Au from 38m (drill hole NRC19009) including o 1m @ 3.85% Cu and 23.30 g/t Au from 43
Slide 14: Nanadie Well Sulphide
NANADIE WELL SULPHIDE For personal use only • Current strike of 750 metres • Sulphide mineralisation open along strike and at depth • Typical sulphide intersections in drill holes include9: o 7m @ 2.52% Cu, 0.60 g/t Au, 8.00 g/t Ag from 124m in NRC05019 o 18m @ 1.05% Cu, 0.22 g/t Au, 2.67 g/t Ag fro
Slide 15: Next Steps at Nanadie Well
N E X T S T E P S AT N A N A D I E W E L L For personal use only Phase 1 Diamond drilling for supergene and sulphide mineralisation commencing December 2020 Aero magnetics over Nanadie and Stark for better geological resolution in December 2020 Phase 1 RC drilling of supergene over Nanadie Wel
Slide 16: Summary
SUMMARY For personal use only Building a mid-tier Australian copper mining business Two project locations in the Murchison, both containing copper Mineral Resources1 Scoping Study underway to determine the optimal project metrics Use innovative low-cost processing solutions to efficiently pr
Slide 17: Appendices
For personal use only APPENDICES 17
Slide 18: Cue Copper Project Location Plan
C U E C O P P E R P R O J E C T L O C AT I O N P L A N For personal use only EARN-IN AND JOINT VENTURE Cyprium has an 80% attributable joint venture interest with Musgrave Minerals Limited (ASX: MGV) in the Cue Copper Project’s copper, gold and silver mineralisation however MGV has a 100% interest i
Slide 19: Cue Copper Mineral Resources
CUE COPPER MINERAL RESOURCES2 For personal use only Table 1 / Hollandaire 2012 JORC Mineral Resource Estimate (values are rounded) NOTES: • Differences in sum totals of tonnages and grades may occur due to rounding • Nominal cut-off at 0.3% Cu • Cyprium has an 80% attributable interest in the copper
Slide 20: Stark Supergene
S TA R K S U P E R G E N E For personal use only • Strike of mineralisation open to north and south • Rock chip samples have been taken of the gossan mineralisation10, including: o 6.18% Cu, 0.83% Ni, 0.16% Co o 5.94% Cu, 0.08% Ni, 0.02% Co • Rock samples also contain precious metals and platinum gr
Slide 21: Stark Sulphide
S TA R K S U L P H I D E For personal use only • Sulphide mineralisation open along strike and at depth • Typical sulphide intersections in drill holes include11: o 5.4m @ 1.3% Cu, 0.3% Ni, 0.1 g/t Au, 2.5 g/t Ag from 257.7m in NDD17002 o 2.0m @ 1.0% Cu, 0.2% Ni, 0.1 g/t Au, 1.9 g/t Ag from 152m in