Slide 1: Company Presentation
For personal use only Company Presentation 8th May 2018 LEVEL 1, 329 HAY ST, SUBIACO WA 6008 | PO BOX 8187, SUBIACO EAST WA 6008 | +61(8) 6142 6366 | INFO@CORAZON.COM.AU | WWW.CORAZON.COM.AU
Slide 2: Important Notice
Important Notice For personal use only Looking Forward Statement This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX: CZN Shareholders Total Ordinary Shares on Issue 1,265m Top 20 Shareholders 35% Options on issue 145m Board and Management 1.74% Market Capitalisation ($0.011/share) $14m Hanking Australia Investments 9.96% Trading Range (1 year) $0.009-$0.03 Crescent Nom
Slide 4: Two Quality Projects
Two Quality Projects For personal use only Lynn Lake Nickel-Copper-Cobalt 100% control of entire historical mining centre Beneficial infrastructure and large remnant resources Easy development opportunity Exciting exploration potential Recent drilling has discovered another large magmatic
Slide 5: Corazon's Cobalt Endowment
Corazon’s Cobalt Endowment For personal use only Lynn Lake Nickel-Copper-Cobalt Cobalt metal credit - mined and processed for +24 years Poor historical information for cobalt production and reconciliation Cobalt not recorded in historical drill hole database ~9,000 holes Corazon currently up
Slide 6: Cobalt Metal Price Performance
Cobalt Metal Price Performance For personal use only COBALT - CRITICAL INGREDIENT FOR LITHIUM ION BATTERIES Cobalt price driven by increased demand, or expectations of increased demand, from a growing rechargeable battery sector Demand Growth 100 kt +200 kt 2017 Forecast 2025 12 Months Ago A sig
Slide 7: Mt Gilmore Project
For personal use only Mt Gilmore Project NSW
Slide 8: Mt Gilmore Project – Point of Difference
Mt Gilmore Project – Point of Difference For personal use only SIMPLE PROCESSING OPTIONS Sulphide Mineralisation Sulphide = low-cost conventional flotation processing Product options = high value metal concentrate or cobalt/copper sulphates COBALT RIDGE - HIGH-GRADE COBALT DOMINANT Cobalt the
Slide 9: New Cobalt Mineralisation Discovered
New Cobalt Mineralisation Discovered For personal use only Cobalt gridded soil/aeromagnetic images MT GILMORE TREND Cobalt gridded soils image Large hydrothermally altered New Target Similar to metal-rich corridor Cobalt Ridge Very little cobalt exploration New Target Co-Au Rich New Target Corri
Slide 10: Cobalt Ridge Drilling – High Grade Cobalt
Cobalt Ridge Drilling – High Grade Cobalt For personal use only Cobalt Ridge Drill Intercepts - +2 %CoEq*m Interval (m) Width Hole ID Co % Cu % Au g/t CuEq % From To m A PUL 18 37 53 16 0.30 0.21 0.10 3.45 96 107 11 0.32 0.18 0.11 3.64 B PUL 19 24 30 6 0.37 0.55 0.19 4.59 59 76 17 0.37 0.13 0.17 4.1
Slide 11: Cobalt Ridge Mineralisation – Simple Metallurgy
Cobalt Ridge Mineralisation – Simple Metallurgy For personal use only EXCEPTIONAL METAL RECOVERIES – SIMPLE PROCESSING OPTIONS Sulphide mineralisation – compared to laterite deposits - provides huge benefits Improvements to metallurgy results expected by fine-tuning conventional flotation proces
Slide 12: Exciting Work Program Underway
Exciting Work Program Underway For personal use only ESTABLISHING MT GILMORE AS A PREMIER COBALT PROJECT Cobalt Ridge - Drill Target Definition Geophysics proposed to test for extensions under cover - currently in progress Geochemistry covering untested basement rocks to north and south – curr
Slide 13: Lynn Lake Project
For personal use only Lynn Lake Project Canada
Slide 14: Lynn Lake Nickel-Copper-Cobalt Sulphide Project
Lynn Lake Nickel-Copper-Cobalt Sulphide Project For personal use only PROLIFIC HISTORICAL MINING CENTRE 24 year mine production - ~1Mtpa – shutdown in 1976 Corazon has consolidated the entire nickel mining centre for the first time since closure Infrastructure beneficial for re-development L
Slide 15: Lynn Lake - Mining Focus For Current Activities
Lynn Lake - Mining Focus For Current Activities For personal use only LYNN LAKE DEVELOPMENT OPPORTUNITY Rising metal prices and positive forecasts result in a renewed focus on defining Lynn Lake’s development potential Resource up-grade expected Q2 2018 6,000 historical drill holes added to da
Slide 16: Cobalt To Be Added To Resource Estimates At Lynn Lake
Cobalt To Be Added To Resource Estimates At Lynn Lake For personal use only COBALT A VALUABLE METAL CREDIT FOR LYNN LAKE Cobalt – historically produced but not reported – to be included in new resource estimates Linear statistical correlation for nickel-cobalt permits accurate estimation of coba
Slide 17: Lynn Lake – Looking in the Shadow of the Headframe
Lynn Lake – Looking in the Shadow of the Headframe For personal use only HUGE POTENTIAL FOR DISCOVERY Difficult terrain to access Previous operators had a strong mining and processing focus Difficult ground to explore – limited outcrop, extensive water, glacial till and snow cover Modern explo
Slide 18: Lynn Lake – Fraser Lake Complex (FLC)
Lynn Lake – Fraser Lake Complex (FLC) For personal use only Ni-Cu-Co MAGMATIC SULPHIDE DISCOVERY 2017/2018 drilling at FLC determined the large Matrix Trend IP Chargeability anomaly is caused by magmatic Ni-Cu- Co sulphide mineralisation Where drilled, the Matrix Trend is interpreted to be a sul
Slide 19: Corazon - An Overview
Corazon - An Overview For personal use only PROJECT QUALITY Two exceptional projects with demonstrated prospectivity in key, demand-driven commodities Both projects have the capacity for large economic mineral deposits Current market sentiment for cobalt, nickel and copper supports Corazon’s i
Slide 20: For personal use only
For personal use only LEVEL 1, 329 HAY ST, SUBIACO WA 6008 PO BOX 8187, SUBIACO EAST WA 6008 +61(8) 6142 6366 INFO@CORAZON.COM.AU WWW.CORAZON.COM.AU