Caravel Minerals Limited · ASX:CVV
Caravel Minerals — Investor Presentation (April 2015)
24 slides from Caravel Minerals's investor presentation, Apr 9, 2015
Slide 1: Investor Presentation Q2 2015
For personal use only Investor Presentation Q2 2015
Slide 2: Disclaimer, Forward-Looking Statements & Competent Person Statement
DISCLAIMER, FORWARD-LOOKING STATEMENTS & COMPETENT PERSON STATEMENT For personal use only Disclaimer The presentation materials (and the contents of the presentation) are for information purposes only and do not constitute an offer or invitation to subscribe for or purchase any securities, and neith
Slide 3: Gateway to Australia's most compelling growth project
For personal use only Gateway to Australia’s most compelling growth project Investor Presentation | Q2 2015 | Page 3
Slide 4: Australian Portfolio
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 3 tenements – 100% 83.5 Copper, Gold, 1 tenement – 100% BRYA
Slide 5: Capital Structure
CAPITAL STRUCTURE For personal use only Caravel Minerals Major Shareholders Shares Outstanding: 730 M Listed Options: 226 M Kingsgate Consolidated 18.5% Unlisted Options: 161 M First Quantum Minerals 11.4% Fully Diluted: 1,117 M Directors and employees 10.2% Cash*: $987k Waratah Investments Group 7.
Slide 6: Calingiri, WA
CALINGIRI, WA For personal use only 30 Km Target Trend 3 Exploration Targets, 8 major drilled prospects and extensive well defined undrilled priority targets A Significant New Mineralised District within the Yilgarn, 90 mins from Perth Investor Presentation | Q2 2015 | Page 6
Slide 7: Our Core Focus | Calingiri
OUR CORE FOCUS | CALINGIRI For personal use only 1 Bindi: CuEq = Cu ppm + (Mo ppm*4.50)+(Ag ppm*82.8)+(Au*5,720). Assumptions: Cu $2.61/lb, Mo $8/lb, Ag $16/oz, Au $1,200/oz; Cu rec 95%, Mo rec 93%, Ag rec 88%, Au recovery 81%. 2 Dasher: CuEq = Cu ppm + (Mo ppm*4.69)+(Ag ppm*74.5)+(Au*3,280). Assump
Slide 8: Calingiri: Global Comparable Mines and Exploration Projects
Calingiri: Global Comparable Mines and Exploration Projects For personal use only 800 0.60 0.49 700 0.45 0.46 0.50 0.45 600 0.41 0.42 0.40 0.39 0.37 0.40 500 0.34 0.33 0.29 400 0.30 0.24 300 0.20 200 0.10 100 0 0.00 ag y e oa t ad n w id I er a on IR gi r or da al llo m er ib pp oc nr ag G hm nk ic
Slide 9: Calingiri | Consolidated Exploration Target
CALINGIRI | Consolidated Exploration Target For personal use only Copper Mine: Bulk Tonnage Requirements1 • Broad intersections of copper- Development & production molybdenum-silver-gold mineralisation PFS/ Feasibility • Dasher: 1,050m long and open Preliminary economics Bindi: 2,000m long and open
Slide 10: A Compelling Australian Calingiri: Copper-Moly Project
A Compelling Australian CALINGIRI: Copper-Moly Project For personal use only • Similar deposits economically mined globally including North and South America • Ideally located 120km north of Perth. Established infrastructure, local workforce and access to ports • Low mining costs: open pit mine, min
Slide 11: Wynberg Project
WYNBERG PROJECT For personal use only Cloncurry style copper- gold system with high grade outcropping mineralisation Inferred 140k resource: 3.1Mt @ 1.4 g/t Au Three Significant Prospects with Further Exploration Growth Investor Presentation | Q2 2015 | Page 11
Slide 12: Wynberg "A" Prospect
WYNBERG “A” PROSPECT For personal use only Significant historical intersections including: • 12m @ 7.1 g/t Au from 26 metres • 6m @ 17.1 g/t Au from 22 metres • 26m @ 3.8 g/t Au from 4 metres • 16m @ 3.6 g/t Au from 4 metres • 4m @ 16.5 g/t Au from 25 metres • 30m @ 1.5 g/t Au from 106 metres • 3m @
Slide 13: Wynberg "B" Prospect
WYNBERG “B” PROSPECT For personal use only Robust surface copper-gold anomalies identified from systematic soil samples and semi- continuous zone of outcropping high-grade copper-gold mineralisation over a strike length of 3 Km Investor Presentation | Q2 2015 | Page 13
Slide 14: Wynberg "C" Prospect
WYNBERG “C” PROSPECT For personal use only Represents the continuation/extension of folded Wynberg A stratigraphy • Surface rock chip grades of up to 50.8% Cu and 13.8g/t Au with associated silver Investor Presentation | Q2 2015 | Page 14
Slide 15: Bryah Project, WA
BRYAH PROJECT, WA For personal use only • Located ~80km north of Meekatharra – 60km south-west of the Degrussa Copper-Gold Deposit • Initial RC drilling to test two large geochemical anomalies has intersected geology with well defined Degrussa style anomalism Two large multi-element anomalies outlin
Slide 16: Caravel Project Schedule
CARAVEL PROJECT SCHEDULE For personal use only Quarter Objective % Completed Notes CALINGIRI Report results of major drilling program at Reported new Exploration Targets at priority Calingiri copper-molybdenum project. prospects. Further upgraded existing Exploration Q2 15 7,618m of RC drilling acro
Slide 17: Management
MANAGEMENT For personal use only MARCEL HILMER Fellow of the Institute of Chartered Accountants and a Member of the Australian Institute of Company Directors with more CEO and Executive Director than 30 years experience in executive management of global public and private groups including 6 years as
Slide 18: Directors
DIRECTORS For personal use only MARCEL HILMER Fellow of the Institute of Chartered Accountants and a Member of the Australian Institute of Company Directors with more CEO and Executive Director than 30 years experience in executive management of global public and private groups including 6 years as
Slide 19: Caravel Investment Summary
CARAVEL An emerging growth story with For personal use only compelling projects in WA and QLD INVESTMENT SUMMARY Calingiri: Three large Exploration Targets defined and 8 substantial copper-moly targets within a 30km strike length Wynberg: Copper-gold results confirm potential of projects located in
Slide 20: Contact Information
CONTACT Investor Relations: Paul Armstrong or Nicholas Read INFORMATION For personal use only Read Corporate Telephone: +61 8 93881474 Corporate and Operations: Marcel Hilmer, CEO L3, 18 Richardson Street West Perth WA 6005 +61 8 9426 6400 info@caravelminerals.com.au www.caravelminerals.com.au Inves
Slide 21: Appendix
For personal use only APPENDIX
Slide 22: Calingiri: Broad Intersections of Copper-Molybdenum-Silver-Gold
Calingiri: Broad Intersections of Copper-Molybdenum-Silver-Gold For personal use only Investor Presentation | Q2 2015 | Page 22
Slide 23: Calingiri: Exploration Targets
Calingiri: Exploration Targets Dasher Caravel initially referred to the Dasher Exploration Target in its release of 10 July 2013 (subsequently modified on 2 August 2012) – Exploration Confirms Significant Potential of Calingiri Copper-Molybdenum For personal use only Project. In a subsequent release
Slide 24: Calingiri: Exploration Targets (Con't)
Calingiri: Exploration Targets (Con’t) Opie The Opie mineralisation is developed within a consistent gneissic unit between 50 - 150m thick and dipping at approximately 35-45 degrees to the north has been intersected over a strike length of over 200m, from For personal use only near surface to a vert
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