Caravel Minerals Limited · ASX:CVV
Caravel Minerals — Investor Presentation (September 2015)
25 slides from Caravel Minerals's investor presentation, Sep 10, 2015
Slide 1: A compelling growth story in Australian copper
For personal use only A"compelling"growth"story"in" Australian"copper Investor)Presentation)– September)2015 Marcel'Hilmer,'CEO ASX:'CVV
Slide 2: Disclosure and Disclaimer
Disclosure'and'Disclaimer Exploration Targets Cut$off'grades' Cu' Tonnage' Range'(Mt)' Cu'Range'(%)' Mo'Range' (ppm)' Ag'Range' (ppm)' Au'range' (ppb)' CuEq'' (%)' For personal use only On 9 April 2015 Caravel upgraded the Exploration Target for Calingiri to: (%)' 0.2%% 435%–%460' 0.30%–%0.32% 58%–%
Slide 3: Overview
Overview For personal use only • Cornerstone(asset:'Calingiri'CopperS Molybdenum' Project,'WA'– a'globally' significant' copper'discovery' • Tier,1(partner:'leading'international' miner'First'Quantum'Minerals' (FQM) • Exploration(funding:'secured'for'next' 2'years'via'FQM'A$3.6M'farmSin • Drilling(p
Slide 4: Capital Structure
Capital'Structure For personal use only Caravel'Minerals'Major'Shareholders#: Shares'Outstanding:' 1,003'M Options'Listed: 166'M Kingsgate'Consolidated 13.5% Unlisted:' 275'M First'Quantum'Minerals 13.1% Cash*: $205k' Directors'and'employees 8.9% Share'Price: $0.005 Healy'Robert'Anthony 4.6% 12'mont
Slide 5: Calingiri and First Quantum Minerals Farm-In
Calingiri'and First'Quantum'Minerals'FarmSIn For personal use only FQM • One'of'the'largest'global'producers'of'copper'with'a'market'cap'>A$5b'(FM:TSX) • Operating'seven'mines'and'developing'five'bulk'tonnage'projects'worldwide' • Producing'copper,'nickel,'gold,'zinc'and'platinum'group'metals'across
Slide 6: Calingiri, WA
Calingiri,'WA For personal use only 30(Km(Target(Trend • 3 Exploration Targets • 8'major'drilled'prospects'and' extensive'wellSdefined' undrilled'priority'targets' A'Significant'New'Mineralised' District' within'the'Yilgarn:'a'90'minute'drive' from' Perth Investor)Presentation)|)September)2015))|))P
Slide 7: Calingiri: a rapidly growing large tonnage copper-molybdenum system
Calingiri'| A'rapidly'growing'large'tonnage,'disseminated' style,'primary' copperSmolybdenum' sulphide' system For personal use only Exploration(Targets 0.2%(Cut,off:(((((((435(– 460(Mt(@(0.35(– 0.37(CuEq%: ~1.4Mt(Cu 0.3%(Cut,off:(((((((275(– 335(Mt(@(0.41(– 0.43(CuEq%: ~1.2Mt(Cu Broad'intersections
Slide 8: Bindi Exploration Target
Bindi'Exploration'Target For personal use only Investor)Presentation)|)September)2015))|))Page)8
Slide 9: Dasher Exploration Target
Dasher' Exploration'Target For personal use only Investor)Presentation)|)September)2015))|))Page)9
Slide 10: Opie Exploration Target
Opie'Exploration'Target For personal use only Investor)Presentation)|)September)2015))|))Page)10
Slide 11: Dasher Exploration Target - Core
Dasher'Exploration'Target'S Core For personal use only Diamond'core'hole' demonstrates' prospective' style'of' copper' – molybdenum' mineralisation Investor)Presentation)|)September)2015))|))Page)11
Slide 12: Exploration Programs
Exploration'Programs For personal use only Priority(Targets • Extensive 8,800m RC and 4,500m aircore drilling program over untested copper trend in progress • Three extension target zones • Seven RC drilling targets Fully'funded'exploration' programs'in' 2015/16'will'substantially' progress'the' pro
Slide 13: Calingiri: Global Comparable Mines and Exploration Projects
Calingiri:'Global'Comparable'Mines'and' Exploration'Projects For personal use only The"Calingiri"Project"tonnes"and"grade"are"based"on"a"mid9point"derived"from"the"previously"released"Exploration"Targets"and"other"company"mine"data"is"from"publicly"available"information."CuEq"grades"are" after"recov
Slide 14: Calingiri: Consolidated Exploration Target
Calingiri'| Consolidated'Exploration'Target For personal use only Copper(Mine:(Bulk(Tonnage(Requirements1 Development'&'production PFS/'Feasibility Consolidated Exploration'Target Tonnage CuEq Preliminary'economics Nominal'Cu'(%)'cog Range'(Mt) (%) Resource'definition'warranted 0.2 435'S 460 0.35'S
Slide 15: Calingiri: A Compelling Australian Copper-Molybdenum Project
Calingiri: A'Compelling'Australian' CopperSMolybdenum'Project For personal use only • Global'major,'FQM,'a'cornerstone'investor'and'funding'for'2'years'exploration'confirmed • Similar'deposits'economically'mined'globally'including'North'and'South'America • Ideally'located'120km'north'of'Perth.''Esta
Slide 16: Other Projects - Wynberg and Bryah
Other'Projects'– Wynberg'and'Bryah For personal use only Wynberg (100%)'is'a'Cloncurry' style' Bryah (97.5%)'is'located'~80km'north'of' copperSgold' system'with'high'grade' Meekatharra' – 60km'southSwest' of'the' outcropping'mineralisation Degrussa' CopperSGold' Deposit Three' Significant'Prospects'
Slide 17: Caravel Project Schedule
Caravel'Project'Schedule For personal use only Quarter Objective %(Completed Notes Report(results(of(major(drilling(program(at(Calingiri(copper> Reported(new(Exploration(Targets(at(priority(prospects.(Further( molybdenum(project.(7,618m(of(RC(drilling(across(multiple( Q2(15 100 upgraded(existing(Exp
Slide 18: A Very High Quality Leadership Team
A'Very'High'Quality'Leadership'Team For personal use only MARCEL HILMER, CEO and Executive Director Fellow of the Institute of Chartered Accountants and a Member of the Australian Institute of Company Directors with more than 30 years experience in executive management of global public and private g
Slide 19: Investment Summary
CARAVEL( An'emerging'growth'story'with' compelling' projects'in'WA'and'QLD INVESTMENT( For personal use only Calingiri:( SUMMARY • Globally'comparable'to'existing' mines'and'projects • Three'large'Exploration'Targets • Ideal'location • Low'mining'costs • No'native'title • Strong'farmSin'partner • Si
Slide 20: Contact Information
Contact Information For personal use only Corporate(and(Operations: Marcel'Hilmer,'CEO'or Tony'Poustie,'Dir.'Of'Exploration L3,'18'Richardson'Street West'Perth'WA'6005 +61'8 9426'6400' Investor(Relations: Rod'Clarkson Palladion'Partners Telephone:' +61'2'9002'5415 Investor)Presentation)|)September)2
Slide 21: Appendices: Australian Portfolio
Appendices:' Australian'Portfolio For personal use only Projects Status Target Location Holding Area( (km2) Copper,(Gold, 16(tenements(– 100%( CALINGIRI Granted WA,(Australia 1048.8 Molybdenum 2(tenements(– 80%(( WYNBERG Granted Gold,(Copper QLD,(Australia 2(tenements(– 100% 83.5 Copper,(Gold,( 1(te
Slide 22: Calingiri Broad Intersections of Copper-Molybdenum-Silver-Gold
Calingiri'Broad'Intersections'of'CopperS MolybdenumSSilverSGold For personal use only Interval( Hole(Id Prospect From((m) Width Cu((%) Mo((ppm) Ag((ppm) Au((PPb) CuEq((%) 11CARC011 Dasher 52 74 0.4 172 1.64 39 0.51 13CARC0O9 Dasher 28 82 0.39 34 3.98 n/a* 0.44 13CARC012 Dasher 48 24 0.78 296 3.46 n/
Slide 23: Options Summary
Options'Summary:' As'at'9'September'2015 For personal use only Listed/(Unlisted Mn Exercise(Price Expiry(Date Listed 166.60 $0.035' 31/05/2016 Unlisted 20.00 $0.100' 26/03/2016 Unlisted 0.75 $0.021' 16/10/2016 Unlisted 83.33 $0.035' 31/12/2016 Unlisted 55.38 $0.020' 16/10/2016 Unlisted 103.71 $0.013
Slide 24: Calingiri: Exploration Targets
Calingiri:'Exploration'Targets For personal use only Dashe r Carav el initially referred to th e Dasher Exploration Targ et in its releas e of 10 July 2013 (subsequently modified on 2 August 2012) – Exploration Confirms Signific ant Potenti al of Calingiri CopperS Molybdenum Proj ec t. In a subseque
Slide 25: Calingiri: Exploration Targets (Con't)
Calingiri:'Exploration'Targets (Con’t) For personal use only Opie The Opie mineralisation is dev eloped within a consisten t gn eissic unit betw een 50 S 150m thick and dipping at approxim ately 35S45 deg rees to th e north has been inters ec ted ov er a s trik e len gth of o ver 200m, from near sur
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