Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (July 2024)
22 slides from Culpeo Minerals's investor presentation, Jul 31, 2024
Slide 1: Advancing High-Grade Copper in Chile
For personal use only ADVANCING HIGH-GRADE COPPER IN CHILE ASX:CPO | OTCQB:CPORF JULY 2024
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 sho
Slide 3: Investment Highlights
QUALITY COPPER PORTFOLIO WITH NEW TWO QUALITY PROJECTS ON LANA CORINA DISCOVERY THE INFRASTRUCTURE LADEN CHILEAN COASTAL BELT LOCATED IN THE PREMIER COPPER PRODUCING For personal use only REGION GLOBALLY PERU DYNAMIC AND SYSTEMATIC BOLIVIA ADVANCEMENT TO UNLOCK FULL POTENTIAL CHILE Antofagasta PROVE
Slide 4: Operating Copper Mines in Chile
Tignamar Cerro Colorado Quebrada Blanca Collahuasi El Abra Radomiro Tomic Chuquicamata For personal use only Antucoya Lilian Spence Ministro Hales Sierra Gorda Esperanza Lomas Bayas Tornasol Polo Sur Gaby Lila El Jardin Escondida La Escondida Zaldivar Manto Verde El Salvador Candelaria OPERATING COP
Slide 5: Corporate Overview
Corporate Overview Premier copper producing region globally • Quality copper portfolio with multiple drill For personal use only ready targets and development options. • Targeting high-grade copper, critical for the energy transition. • Strategically positioned at low altitude, near infrastructure,
Slide 6: Lana Corina Project: New discovery of high-grade outcropping copper and molybdenum
1. Lana Corina Project New discovery of high-grade outcropping copper and molybdenum CMLCD014 – 454m @ 0.93% CuEq From 90m9 For personal use only Previous Notable copper intersections: • 104m @ 0.81% CuEq from 155m (CMLCD001)1; • 257m @ 1.10% CuEq from 170m (CMLCD002)2; • 173m @ 1.09% CuEq from 313m
Slide 7: Lana Corina Project: Regional potential with outcropping copper targets
1. Lana Corina Project Regional potential with outcropping copper targets over 3km of strike For personal use only Plan view showing Lana Corina detailed surface geology map and the high priority targets 1. Plan view of high-resolution ground magnetic data (high-pass filtered TMIRTP), showing the po
Slide 8: Lana Corina Project: Regional potential with outcropping copper targets
1. Lana Corina Project 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 invers ion model)1,2,3. CULPEO MINERALS ASX:CPO | OTCQB:CPORF INVES
Slide 9: Fortuna Project: Outcropping targets north of Lana Corina
2. Fortuna Project Outcropping targets immediately north of the Lana Corina discovery • Culpeo concession area at Fortuna For personal use only covers 4,025 hectares. • Historic mines total strike of >6km. • Nine high priority outcropping targets: – Vaca Muerta; – Piedra Dura; – La Florida; – El Qui
Slide 10: Fortuna Project: High priority El Quillay North target
2. Fortuna Project High priority El Quillay North target Maiden drillhole intersected: For personal use only • 26m @ 0.81% CuEq, including 4m @ 1.87% CuEq1. • Induced polarisation anomaly identified a 500m x 300m target less than 100m below surface. Historical underground sample results included2: •
Slide 11: Fortuna Project: Porphyry copper and gold system at La Florida
2. Fortuna Project Porphyry copper and gold system at La Florida Prospect • Large (1.7km x 0.5km footprint) copper-gold porphyry For personal use only system delineated at La Florida Prospect. • Results from surface sampling returned grades up to 3.96% Cu and 2.61g/t Au1. • Mineralisation styles ana
Slide 12: Active Exploration and Strong News Flow in 2024
Active Exploration and Strong News Flow in 2024 Lana Corina drilling program in progress Project Activity Q1-24 Q2-24 Q3-24 Q4-24 For personal use only Cu Mo Lana Corina Drill testing at Lana Corina ■ ■ Cu Au Mo Fortuna Mapping and litho-geochem at La Florida ■ Cu Au Mo Fortuna Drill testing Vista M
Slide 13: 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 14: Investment Highlights
QUALITY COPPER PORTFOLIO WITH NEW LANA CORINA DISCOVERY For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS DYNAMIC AND SYSTEMATIC ADVANCEMENT TO UNLOCK POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY PROVEN TEAM TO DELIVER RAPID FUTURE ASSET D
Slide 15: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price1 A$0.045 15% TIGHT REGISTER WITH Shares on issue2 165.4M SUPPORTIVE EXPLORATION- 39% FOCUSED SHAREHOLDER BASE Listed options2 13.9M Board a
Slide 16: Appendices
For personal use only APPENDICES
Slide 17: Copper equivalent (CuEq) value calculations
Appendix 1 Copper equivalent (CuEq) value calculations • Assumed commodity prices: Cu US$3.00/lb, Au US$1,700/oz, Mo US$14/lb and Ag US$20/oz. • Recoveries are assumed from similar deposits: Cu = 85%, Au = 65%, Ag = 65%, Mo = 80%. • CuEq (%) calculated using the following formula: {((Cu% x Cu price
Slide 18: Earn In Schedules
Appendix 3 Earn In Schedules Lana Time Cash payment CPO Share Payment (US$) Work Commitment Stage Aggregate Culpeo For personal use only Corina (months from signing) (US$) Acquisition Interest Interest 1 Signing 100,000 N/A 0% 0% 2 12 150,000 Complete US$1M expenditure 20% 20% 3 24 250,000 Complete
Slide 19: 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 ELECTRIFICATION COPPER South America DRIVING North America S T RO NG O U T LOOK SIGNIFICANT MARKET DEFICIT 20 GRO
Slide 20: Disclaimer
Disclaimer The Company intends to undertake an offer (the “Offer”) of its ordinary shares (the “New Shares”) that involves a placement to institutional and professional investors in several countries. Canada This document constitutes an offering of New Shares only in the Provinces of British Columbi
Slide 21: Disclaimer
Disclaimer New Zealand This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (New Zealand) (the “FMC Act”). The New Shares are not being offered or sold in New Zealand (or allotted with a view to being offer
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