Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — Colombian Gold Symposium 2020
15 slides from Lcl Resources's conference presentation, Nov 23, 2020
Slide 1: MD Presentation at Colombian Gold Symposium
23 November 2020 ASX Announcement ASX: LCL MD Presentation at Colombian Gold Symposium webinar For personal use only Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) advises that the Company’s Managing Director, Jason Stirbinskis, presented via webinar at the Colombian Gold Symposium (CGS).
Slide 2: Hunting for World Class Gold Deposits
i LOS CERROS XK LOS CERROS HUNTING FOR WORLD CLASS GOLD DEPOSITS NOVEMBER 2020 EXPLORATION UPDATE MANAGING DIRECTOR - JASON STIRBINSKIS
Slide 3: Disclaimer
LOS CERROS [NATURE OF ToS DOCUMENT ‘The presentation hax been prepared by Lou Carron Limited (ACN 229 750 543) (Low Carron or the Coreen. The information tu baued on publicly avaiable information, inewrnaby develcped date and other sources and ia current an at the date of thas Prueréation. By recevi
Slide 4: Corporate Overview
EE eee LOS CERROS _/iii(\ CORPORATE OVERVIEW JCAPTALSTRUCTURE ee trcomicenestory Shares on issue 464.9 million bed "| Listed options * 53.1 million - os Unlisted options ? 60 million (incl. perf. rights) af Share Price (ASX:LCL) AUD$0.20 Fie : Market Capitalisation $95.3 million i ; “a § sex Cash *
Slide 5: Focused on Discovery of Tier 1 Au/Cu Projects
EE eee LOS CERROS _AXK\ FOCUSED ON DISCOVERY OF TIER 1 & 2 Au/Cu PROJECTS ie ‘i * Dominant control in two gold districts of Mid Cauca porphyry belt (Miocene) which hosts many multi-million ounce discoveries? * Quinchia gold project, incudes the advanced Miraflores Reserve, large Tesorito porphyry, C
Slide 6: Quinchia Project
a LOS CERROS AY QUNICHIA PROJECT The Quinchia Gold Project has several advanced deposits, including a Reserve at Miraflores, all within ~3km radius * Advanced DFS (2017)! and permitting at the Miraflores Project (Quinchia) underpins core value. DFS demonstrated j NPV USS89M at US$1,400/oz gold price
Slide 7: For personal use only
For personal use only
Slide 8: Quinchia Project - Tesorito - Currently Drilling
ei LOS CERROS _AY\ QUINCHIA PROJECT —TESORITO — CURRENTLY DRILLING ! auto / * Near surface mineralised porphyry ~0.5km wee a from proposed Miraflores plant location A / MARMATO FAULT CORRIDOR * Southern Zone * Very wide intercepts, epithermal at surface transitioning to porphyry * Porphyry core inte
Slide 9: Quinchia Project - Tesorito - Southern Target
a LOS CERROS SKM QUINCHIA PROJECT —TESORITO — SOUTHERN TARGET Modetied Gold f | Envelopes (ppm = g/t) da ppees-07 4upem07-10 4uz50> 1) at 262m @/0.84 g/t Au from surface lincluding66m @ 1,3 g/t from 132 in 253.1m ® 1.01g/t Au from 2.9m = 179.8 @ O.7a/t from 3m ine inc 64m @ 1.67¢/t Au from 144m j |
Slide 10: Recognition of primary bornite a meaningful new development
LOS CERROS The recognition of primary bornite for the first time is a meaningful new development * Potential for a copper system developing at depth
Slide 11: Quinchia Project - Chuscal
a LOS CERROS _ AYR QUINCHIA PROJECT — CHUSCAL * 2019/20 Maiden drill program reveals extensive porphyry style mineralisation through most rock units} [Extensive porphyry associated gold through mast rack units = wide drill intercepts 350m @ 0.57¢/t gold from surface 320m @ 0.43g/t gold from 32m? * o
Slide 12: Los Cerros Limited
ee \ LOS CERROS LIMITED
Slide 13: Quinchia Project - Miraflores
a LOS CERROS Sj QUINCHIA PROJECT — MIRAFLORES * Miraflores -Measured and Indicated Mineral Resources of E-W CROSS SECTION 9.27Mt @ 2.82g/t Au and 2.77g/t Ag for 840koz gold & 826koz silver! PROPOSED DRILLHOLES * Miraflores DFS? - 4,.3Mt Reserve, CapEx - USS72M. Advanced engineering & approvals. Pote
Slide 14: Miraflores DFS - What Does the Gold Price Mean?
LOS CERROS S Miraflores DFS* Key Financial Indicators* C1 Cash Cost** AISC-cost EBITDA (LoM average) NPV @ 5% NPV @ 8% IRR Payback Unit ioe USS per Au/oz 595 USS per Au/oz 639 Us$m/annum 27.3 Us$Sm 7s Us$Sm ss $% 21 Years 41 * Avarlance of +15 -10% can be applied Le. within the contingency. Continge
Slide 15: For personal use only
ee Y\ LOS CERROS SK\ SK\ LOS CERROS