Cosmo Metals Limited · ASX:CMO
Cosmo Metals — Investor Presentation (January 2022)
19 slides from Cosmo Metals's investor presentation, Jan 31, 2022
Slide 1: Investor Presentation: Exploring the Emerging Cu-Ni-Co Yamarna Belt
For personal use only PRIVATE AND CONFIDENTIAL INVESTOR PRESENTATION EXPLORING THE EMERGING Cu-Ni-Co YAMARNA BELT IN WESTERN AUSTRALIA JANUARY 2022 ASX CODE: CMO | COSMOMETALS.COM.AU
Slide 2: Disclaimers
DISCLAIMERS Purpose of presentation: this presentation has been prepared by Cosmo Metals limited (ACN 653 132 828) (CMO, Cosmo or the company). It is intended for the sole purpose of providing high-level background information on CMO, its projects and its proposed For personal use only operations. T
Slide 3: Why Invest in Cosmo Metals
Why Invest in Cosmo Metals For personal use only Dominant land position in a highly prospective belt – 460km2 landholding in the world class Yamarna mineral province Developing a large scale Nickel-Copper-Cobalt system – shallow copper & nickel sulphide mineralisation identified Drill ready targets
Slide 4: Corporate Overview
CORPORATE OVERVIEW For personal use only Capital Structure Proposed IPO Use of Funds (Two Years Combined) ($M) Issue/ IPO Price $ $0.20 Nickel/Copper Sulphide EM Target Drilling and Mt Venn 2.3 Great Boulder Vend Shares m 25.0 Resource Extensional and Infill Drilling IPO Shares m 25.5 Nickel/Copper
Slide 5: Board & Management
BOARD & MANAGEMENT For personal use only Peter Bird • Experienced, well known and highly respected mining Ziggy Lubieniecki • +30 years’ experience in mining and exploration industry executive Non-executive Chairman Non-executive Director • Former Founder/Executive Director at Gold Road • Extensive
Slide 6: First Mover in an Emerging Cu-Ni-Co Belt
FIRST MOVER IN AN EMERGING Cu-Ni-Co BELT For personal use only Strategic Position in the Yamarna Province ▪ 460km2 of highly prospective tenure in a proven base metal and gold belt ▪ Located 130km east of Laverton and 25km west of Gold Road’s (ASX:GOR) and Gold Fields’ +6.7Moz Gruyere Gold Mine Dril
Slide 7: Yamarna Region
YAMARNA REGION For personal use only Yamarna Cu-Ni-Co Project – Mt Venn & Eastern Mafic ▪ 100% interest in the Yamarna Project ▪ Located 25km west of the Gruyere Gold Mine and 130km east of Laverton in WA ▪ Mt Venn Cu-Ni-Co discovery 2017: massive sulphides drilled in the first target ▪ Extensive Cu
Slide 8: History of Yamarna Project
HISTORY OF YAMARNA PROJECT Corporate History – $6M Spent on Yamarna to Date For personal use only Mt Venn Discovery Positive Metallurgy Board Changes Secures 100% of Yamarna March 2017 October 2018 June 2019 June 2021 48m @ 0.8% Cu, 0.2% Ni, Proof of concept of Appointment of GBR secures 100% 0.07%
Slide 9: Yamarna Project Overview
YAMARNA PROJECT OVERVIEW For personal use only Advanced Mt Venn Cu-Ni-Co Discovery ▪ Central deposit has mineralisation defined +1.5km of strike and remains open along strike and at depth ▪ Copper dominant zone of the mineralised system ▪ Wide, shallow, sulphide lenses amenable to large scale open-p
Slide 10: Mt Venn Discovery
MT VENN DISCOVERY For personal use only Discovery Made in First Drill Program – October 2017 ▪ Multiple, broad lenses of shallow Cu-Ni-Co sulphide mineralisation intersected ▪ Copper dominant system with consistent grade ▪ Sulphide mineralisation extends to surface with very limited weathering or ox
Slide 11: Mt Venn Mineralisation
MT VENN MINERALISATION For personal use only Mineralisation Defined over +1.5km, and remains Open Down Dip and Along Strike ▪ Highly effective down-hole EM survey used to locate sulphide lenses ‒ Every EM target drilled at Mt Venn has intersected sulphides ▪ Drilling to focus on identifying high gra
Slide 12: Mt Venn Cross Sections
MT VENN CROSS SECTIONS For personal use only ▪ Mineralisation is well defined by drilling in the central zone ▪ Extensions to the north and south show mineralisation is continuous from surface and remains open ▪ Drilling has only tested mineralisation amenable to open-pit mining (maximum depth of 26
Slide 13: Eastern Mafic Discovery
EASTERN MAFIC DISCOVERY For personal use only Unlocking High Grade Nickel Sulphide Mineralisation ▪ Maiden reconnaissance drilling intersected extensive mineralisation remaining open down dip and along strike ‒ 4m @ 1.3% Cu, 0.2% Ni, 0.02% Co from 134m (18EMRC021) ‒ 10m @ 0.5% Cu, 0.4% Ni, 0.04% Co
Slide 14: Winchester Project
WINCHESTER PROJECT For personal use only Comprises Two Tenements ▪ E38/3340: 100% owned by Cosmo Metals ▪ E38/2129: 75% owned by Cosmo Metals under a JV with Ausgold (ASX:AUC) who retain a 25% free-carried interest to a decision to mine 14
Slide 15: Winchester Project
WINCHESTER PROJECT For personal use only Advanced Cu-Ni-Co Asset ▪ Advanced project that hosts known copper-nickel mineralisation open along strike and at depth ▪ Significant intercepts include1: ‒ 7m @ 1.1% Cu, 0.2% Ni, 0.01% Co, 0.19g/t Au, 0.13g/t PGE from 120m (18WNRC001) – Incl. 2m at 1.8% Cu,
Slide 16: Excellent Infrastructure & Power Supply
EXCELLENT INFRASTRUCTURE & POWER SUPPLY For personal use only 16
Slide 17: Indicative Timetable
INDICATIVE TIMETABLE For personal use only Q4-CY2021 Q1-CY2022 Q2-CY2022 Oct Nov Dec Jan Feb Mar Apr May Jun 1 Corporate Lodgement of Prospectus with ASIC Offer Period 31 January 2022 Admission & Commencement of trading on the ASX 2 Exploration/Operational Geochemistry, geophysics (inc. DHEM) & fiel
Slide 18: Investment Summary
INVESTMENT SUMMARY For personal use only First mover advantage – secured 460km2 landholding in a world class mineral province Developing a large Ni-Cu-Co system – shallow Cu-Ni sulphide mineralisation identified Drill ready targets – extensional and regional untested targets at Mt Venn and East Mafi
Slide 19: Contact
For personal use only CONTACT COSMOMETALS.COM.AU James Merrillees Managing Director Cosmo Metals T: +61 8 6400 5301 E: admin@cosmometals.com.au