Slide 1: A New Frontier in Copper, Nickel & Critical Metals Exploration
For personal use only A New Frontier in Copper, Nickel & Critical Metals Exploration West Arunta Region, Western Australia Mining News Select Investor Presentation June 2024 ASX: CGR
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials have been prepared by the CGN Resources Limited (Company) as at 14 June 2024 and statements are current only as at that date. Information in the Presentation M
Slide 3: Investment Highlights
Investment Highlights Targeting a major discovery in Australia’s new exploration frontier – West Arunta Region, Western Australia LOCATION: For personal use only Strategic 961km2 holding – a great address with quality neighbours ASX:WA1, ENR, RIO and IGO EXPLORATION: $7m+ spent on project provides h
Slide 4: Corporate
Corporate Experienced management to drive shareholder value creation through high-impact exploration Shareholders Capital Structure Directors and Key Personnel (Top 20 Hold 38%) For personal use only Shares on Issue 110.2m Darryl Harris James Potter 6% Non-Executive Chairman Exploration Manager Prim
Slide 5: Great Address
Great Address Great neighbours For personal use only Source: Mining Journal, 2021. Source: ASX: WA1 announcement, 18/01/24. Source Tali Resources website, 2024. Source: IGO Raptor Project Technical Project, 2020. Source: ASX: ENR announcement, 25 July 2023. 5
Slide 6: Early Mover
Early Mover Positioned with purpose and conviction “The West Arunta is the last great unexplored frontier in Australia and is ripe for discovery. By deploying modern and disciplined exploration CGN aims to unlock the West Arunta as Australia’s next major exploration hot spot for copper, nickel and s
Slide 7: One of Australia's Last Unexplored Copper Provinces?
One of Australia’s Last Unexplored Copper Provinces? Why the West Arunta • Known IOCG-style mineralisation For personal use only • Triple-point junction district - favourable geodynamic setting • Large metalliferous magmatic systems present, supported by WA1, ENR and RCR • 70% of Australia’s copper
Slide 8: High Impact Exploration
For personal use only High Impact Exploration
Slide 9: 2024 Programs Delivered
2024 Programs Delivered Well funded disciplined exploration Elmer Kandula For personal use only Mahmud Figure 5: Webb Project tenement portfolio and exploration summary plan. 9
Slide 10: New Target Generation
New Target Generation Targeting a game changing discovery Kandula & Elmer • Clear folded magnetic signature For personal use only • Adjacent to major faults • Interpreted shallower basement • Favourable location for carbonatite intrusions • Airborne gravity survey planned Mahmud • Recently pegged ne
Slide 11: Exploration Ongoing
Exploration Ongoing True high-impact greenfield exploration • Geophysical programs and modelling provided strong support and new For personal use only targets • Shep target model confirmed with drilling of large ultramafic lamprophyre, with sulphide (py) in several holes. • Second stage of Shep dril
Slide 12: Snorky and Horton - IOCG
Snorky and Horton - IOCG Recent surveys build interest New gravity and IP For personal use only • geophysics confirm and refine targets • Coincident gravity & IP anomalies • Adjacent to elevated Cu, Co, Ni & REE in surrounding drillholes • Passive seismic modelling underway • Pre-collars installed -
Slide 13: Priority Targets - Summary
Priority Targets - Summary Targeting a game changing discovery Surus (IOCG) • 708m deep diamond hole (EIS co-funded) – awaiting assays For personal use only Snorky & Horton (IOCG) • Coincident gravity + IP anomalies • Elevated Cu, Co & REE in kimberlite drillholes, adjacent to major NE-SW structural
Slide 14: A Clear Path Forward
For personal use only A CLEAR PATH FORWARD High-Impact Exploration
Slide 15: Clear Strategy
Clear Strategy Excellent geoscience for significant targets Tantor For personal use only drilling commenced 2024 field Diamond First assays season drilling Geophysics / 2024 heritage Diamond drilling commences commences follow-up drilling clearance assays survey 2023 2024 (completed) 2024 OCT NOV DE
Slide 16: Investment Summary
Investment Summary High-impact exploration 961 km2 in the West Arunta, neighbouring WA1 Resources, Rio Tinto / Tali Resources. Luni, Crean & Location Hoschke discoveries support potential for large magmatic hydrothermal systems. For personal use only Well Funded AUD $7.5m spent and A$7.0m cash at ba
Slide 17: Contact
For personal use only CONTACT Stan Wholley, MD & CEO: +61 (8) 421 109 664 Level 2, 25 Richardson Street, West Perth WA 6006 www.cgnresources.com.au info@cgnresources.com.au