Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (August 2024)
20 slides from Culpeo Minerals's investor presentation, Aug 19, 2024
Slide 1: Lana Corina: A New Discovery in the Land of the Copper Giants
For personal use only L ANA CORINA A NEW DISCOVERY IN THE L AND OF THE COPPER GIANTS ASX:CPO | OTCQB:CPORF AUGUST 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: Chilean Copper Mining: Home to the World's Copper Giants
For personal use only CHILEAN COPPER MINING Stage of development: HOME TO THE Lana Corina and Fortuna WORLD’S Metallogenic belt: COPPER GIANTS CULPEO MINERALS ASX:CPO | OTCQB:CPORF INVESTOR PRESENTATION 4
Slide 5: Corporate Overview
Corporate Overview Premier copper producing region globally • Quality copper portfolio with new Lana For personal use only Corina discovery, multiple drill ready targets and development options. • Targeting high-grade copper, critical for the energy transition. • Strategically positioned at low alti
Slide 6: Lana Corina Project: New High-Grade Outcropping Copper Discovery
1. Lana Corina Project New high-grade outcropping copper discovery High-grade copper: • 454m @ 0.93% CuEq from 90m (CMLCD014) 9 including; For personal use only • 78m @ 1.24% CuEq from 200m; and • 68m @ 1.14% CuEq from 320m; and • 40m @ 1.20% CuEq from 394m. • 257m @ 1.10% CuEq from 170m (CMLCD002)2
Slide 7: Regional potential with outcropping copper targets over 3km of strike
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 Priority Drill Target
1. Lana Corina Project Priority Drill Target Seven priority targets provide potential to link Lana Corina and Vista Montana For personal use only Lana Corina (LHS) and Vista Montana (RHS) long section: Defined targets over >3km of strike (background image is the VOXI 3D magnetic inversion model)1,2,
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 covers 4,025 hectares. For personal use only • 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 (IP) anomaly identified a 500m x 300m target <100m below surface. Historical underground sample results included2: • 3
Slide 11: Fortuna Project: El Quillay West IP target
2. Fortuna Project El Quillay West IP target • New El Quillay West targets generated via remodelled geophysical data1. For personal use only • New target has potential for additional zone of mineralisation 500m to the southwest of the El Quillay Fault Zone. • IP chargeability anomaly, indicative of
Slide 12: Porphyry copper and gold system at La Florida Prospect
2. Fortuna Project Porphyry copper and gold system at La Florida Prospect • Large (1.7km x 0.5km footprint) copper-gold porphyry system delineated at La Florida Prospect. For personal use only • Results from surface sampling returned grades up to 3.96% Cu and 2.61g/t Au1. • Mineralisation styles ana
Slide 13: Active Exploration and Strong News Flow in 2024
Active Exploration and Strong News Flow in 2024 Lana Corina drilling program in progress Project Activity Q3-24 Q4-24 Q1-25 Q2-25 For personal use only Cu Au Mo Fortuna Mapping and Litho-Geochem at La Florida ■ Cu Au Mo Fortuna Trenching El Quillay South ■ ■ Cu Mo Lana Corina Drilling Vista Montana
Slide 14: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price1 A$0.04 15% TIGHT REGISTER WITH Shares on issue2 203.6M SUPPORTIVE EXPLORATION- 39% FOCUSED SHAREHOLDER BASE Listed options2 13.9M Board an
Slide 15: 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 16: Investment Highlights
QUALITY COPPER PORTFOLIO WITH NEW HIGH-GRADE LANA CORINA DISCOVERY For personal use only LOCATED IN CHILE THE LAND OF THE COPPER GIANTS INVESTMENT HIGHLIGHTS DYNAMIC AND SYSTEMATIC ADVANCEMENT TO UNLOCK POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY PROVEN TEAM TO DELIVER RAPID FUTURE ASSET
Slide 17: Appendices
For personal use only APPENDICES
Slide 18: Copper equivalent calculations and Competent Persons' Statements
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%. For personal use only • CuEq (%) calculated using the following formu
Slide 19: Earn In schedules
Appendix 3 Earn In schedules Lana Time Stage acquisition Aggregate Culpeo For personal use only Cash payment CPO share payment Work commitment Corina (months from signing) interest interest 1 Signing US$100,000 N/A 0% 0% 2 12 US$150,000 Complete US$1M expenditure 20% 20% 3 24 US$250,000 Complete US$
Slide 20: 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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