Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (August 2023)
22 slides from Culpeo Minerals's investor presentation, Aug 9, 2023
Slide 1: Copper Development for a Clean Energy Future
For personal use only COPPER DEVELOPMENT FOR A CLEAN ENERGY FUTURE ASX: CPO | OTCQB: CPORF August 2023
Slide 2: Disclaimer
Disclaimer This Presentation and any accompanying verbal Presentation (together the Presentation) has been prepared by Culpeo Minerals Limited (“Culpeo” or “the Company”) and approved by the Board of the Company. The information contained in the Presentation (Information) is a summary only and shoul
Slide 3: New and existing project areas
NEW PROJECT AREAS 1. Fortuna PERU Four key outcropping copper targets - drill ready Vaca Muerta BOLIVIA prospect. Cu Au Mo For personal use only EXISTING PROJECT AREAS CHILE 2. Lana Corina Antofagasta High-grade outcropping copper discovery, 257m @ 1.10% CuEq1. Cu Au Mo TRANSFORMATIONAL Copiapo 4. L
Slide 4: Transaction detail
Transaction detail Transformational Chilean copper acquisition For personal use only 80% interest in the Fortuna Project. HIGHLY Four key outcropping copper targets. COMPLEMENTARY Drill-ready Vaca Muerta prospect. ACQUISITION Areas hosts numerous historic surface and underground mines over HIGH IMPA
Slide 5: Chile: a major copper producer
MINING A KEY MINING REPRESENTS RANKED THE BEST CONTRIBUTOR TO OVER HALF OF THE COUNTRY IN SOUTH THE CHILEAN COUNTRY’S TOTAL AMERICA FOR MINING ECONOMY EXPORTS INVESTMENT For personal use only CHILE A MA J OR P R ODUCE R Cu Cu THE WORLD'S TOP Cu Cu COPPER PRODUCER AND LARGEST COPPER Cu RESERVES HOME
Slide 6: Committed copper mine supply forecast
COMMITTED COPPER MINE SUPPLY FORECAST1 SUPPLY PIPELINE LACKS HIGH- QUALITY, LARGE- MT SCALE PROJECTS Australasia For personal use only Asia WEAK STRONG Africa ACCELERATION OF Europe DEMAND COPPER ELECTRIFICATION South America North America DRIVING SIGNIFICANT S T RON G OUT LOOK MARKET DEFICIT 20 GRO
Slide 7: Planned schedule: targeted copper exploration drilling
Planned schedule Targeted copper exploration drilling Project Activity Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 For personal use only Cu Fortuna Mapping and sampling at Fortuna ■ Cu Lana Corina Drill testing Vista Montana target ■ Cu Fortuna Drill testing at Vaca Muerta ■ ■ Cu Fortuna Mapping and samplin
Slide 8: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price (4 August 2023) A$0.052 15% TIGHT REGISTER WITH SUPPORTIVE EXPLORATION- Shares on issue (August 2023) 77.5M 46% FOCUSED SHAREHOLDER BASE 39
Slide 9: Board and senior management
Board and senior management Successful track record of discovery, project development and value creation For personal use only Geoff Max Zeffron Paul Sergio McNamara Tuesley Reeves Schmiede Uribe Non-Executive Managing Non-Executive Non-Executive Chilean Country Chairman Director Director Director M
Slide 10: Investment highlights
A HIGH IMPACT COPPER PORTFOLIO WITH MULTIPLE DRILL READY TARGETS For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS SYSTEMATIC EXPLORATION PROGRAM TO UNLOCK LATENT RESOURCE POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY THE RIGHT TEAM TO DELI
Slide 11: Key project detail
For personal use only KEY PROJECT DETAIL
Slide 12: Lana Corina: high-grade outcropping copper and molybdenum discovery
Cu Lana Corina High-grade outcropping copper and molybdenum discovery • Successful 13 hole drilling program intersected For personal use only significant copper and molybdenum mineralisation. • Lana Corina – Breccia Pipe / Porphyry (Cu and Mo): • Successful Maiden Drilling Program: • 257m @ 1.10% Cu
Slide 13: Lana Corina: high-grade outcropping copper and molybdenum discovery
Cu Lana Corina High-grade outcropping copper and molybdenum discovery • Successful 13 hole drilling program intersected For personal use only significant copper and molybdenum mineralisation. • Mineralised corridor extends for over 3km to the northeast and approximately 700m deep. • Copper equivalen
Slide 14: Lana Corina: regional potential over 3km of strike
Cu Lana Corina Regional potential with outcropping copper targets over 3km of strike For personal use only Lana Corina/Vista Montana long section: Defined targets over >3km of strike (background image is the VOXI 3D magnetic inversion model) (Refer ASX announcement 31 August 2022). CULPEO MINERALS A
Slide 15: Fortuna: complementary acquisition north of Lana Corina
Cu Fortuna Complementary acquisition immediately north of Lana Corina discovery • Numerous historic surface and underground mines over a For personal use only strike length of >6km. • Historic channel sampling1 at drill ready Vaca Muerta returned strong results2: • 150m @ 1.31% CuEq; • 102m @ 1.25%
Slide 16: Fortuna: drill ready targets at Vaca Muerta
Cu Fortuna Drill ready targets at Vaca Muerta prospect • Shallow cover with base of For personal use only oxidation approximately 25m deep. • Oxide mineralogy consists of malachite and chrysocolla. • Sulphide zone is dominated by chalcopyrite and bornite. Long section through Vaca Muerta Prospect sh
Slide 17: Quelon: multiple outcropping targets
Cu Quelon Multiple outcropping targets up to 3.43% Cu¹ • Located 240km north of Santiago (40km For personal use only south of Lana Corina). • Emerging major IOCG district. • Pucobre’s El Espino Project 8km East - 123Mt @ 0.66% Cu and 0.24g/t Au (López et al, 2014)2. • IP Survey identified multiple d
Slide 18: Investment highlights
A HIGH IMPACT PORTFOLIO OF COPPER DEVELOPMENT ASSETS For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS SYSTEMATIC EXPLORATION PROGRAM TO UNLOCK LATENT RESOURCE POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY THE RIGHT TEAM TO DELIVER RAPID AS
Slide 19: Appendices
For personal use only APPENDICES
Slide 20: Resource details and copper equivalent calculations
Appendix 1 Resource details and copper equivalent (CuEq) value calculations • Lana Corina Project: refer to ASX announcement “Drilling intersects 169m @ 1.08% Cu up to 3.56% Cu” dated 23 For personal use only November 2022. • Quelon Project: refer to Refer Company’s Prospectus dated 23 June 2021, pa
Slide 21: Competent persons statement
Appendix 2 Competent persons statement The information in this announcement that relates to Exploration Results is based on For personal use only information compiled by Mr Maxwell Donald Tuesley, BSc (Hons) Economic Geology, MAusIMM (No 111470). Mr Tuesley is a member of the Australian Institute of
Slide 22: Contact
For personal use only C O N TAC T LEVEL 48. 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6311 9160 / +61 416 097 403 info@culpeominerals.com.au max.tuesley@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au
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