Slide 1: Base & Precious Metals Explorer – Investor Presentation March 2013
For personal use only Base & Precious Metals Explorer Investor Presentation – March 2013
Slide 2: Disclaimers & Important Information
Disclaimers & Important Information Forward Looking Statements This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual results and future outco
Slide 3: Multiple High Impact Opportunities
Multiple High Impact Opportunities Australia - Copper-Gold For personal use only Top Up Rise Project : option to earn 75% • Very large untested gravity anomaly – similar size to Olympic Dam anomaly Nickel/Copper Gold • Geophysics commencing March Zinc/Lead/Silver • Drilling scheduled for April/ May
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure1 For personal use only Share Price & Volume • Market cap1. @A$0.026 A$7.16M • Ordinary Shares on issue1 275.5M • Options on issue1, 2 81.5M • Cash1 inc. investments and receivables A$3.5M • 52 week trading range @ 28/2/13 A$0.10 – A$0.019 1. Subject to placement
Slide 5: Current Project Focus: Top Up Rise (TUR)
Current Project Focus: Top Up Rise (TUR) Exploration Fully Funded For personal use only $3M capital raise completed, including: • Placement for $1.5M • Share Purchase Plan for $600,000 • Placement of SPP shortfall for $900,000 Top Up Rise Project Summary • Large, unexplored gravity anomaly • IOCG or
Slide 6: Australia: Top Up Rise Project
Australia: Top Up Rise Project For personal use only Potential for Very Large Discovery • Option to earn up to 75% • Large un-tested gravity anomaly – similar in size to the Alice Springs Olympic Dam anomaly Top Up Rise Project • Indicators of Cu/Au and IOCG mineralisation Perth • Target deposit-sty
Slide 7: Top Up Rise: New Exploration Territory
Top Up Rise: New Exploration Territory Recent Geophysics Identifies Very Large Gravity Anomaly in Gibson Desert For personal use only • Remote & under cover • 1994-2002 AGSO identified large Proterozoic intrusive alteration system at Mt Webb - characteristics associated with Cu-Au systems Top Up Ris
Slide 8: Top Up Rise: Very Large Anomaly
Top Up Rise: Very Large Anomaly No Previous Ground Exploration Large, Multiple Point Anomaly Dense, but Not Mafic? For personal use only Toro Energy 2011 IOCG Discovery BHP 1997 Targets Bouguer gravity image over High density gravity image over Aeromagnetic image aeromagnetic shadow aeromagnetic sha
Slide 9: Top Up Rise: Gold-Copper Target
Top Up Rise: Gold-Copper Target Large Amplitude Residual Gravity Anomaly For personal use only • Target model type: Olympic Dam IOCG + REE + U • Very high peak residual anomaly • Anomaly has similar size footprint to the Olympic Dam Cu-Au-U gravity anomaly • Closest regional outcrop anomalous in IOC
Slide 10: Top Up Rise Acquisition
Top Up Rise Acquisition Low Cost, Early Stage Entry – Huge Potential For personal use only • Conditions Precedent:- due diligence completed and shareholder approval granted (Brett Smith is a Director and Shareholder of the Vendor); Ministerial Access Permit pending • Stage . 1 – Corazon to earn 10%
Slide 11: Canadian Projects Underpin Company Value
Canadian Projects Underpin Company Value Lynn Lake Mining District For personal use only • Brownfields exploration play • Excellent Infrastructure • Potential fast-track to development 10
Slide 12: Canadian Projects – Lynn Lake
Canadian Projects – Lynn Lake For personal use only Barrington Lake MacLellan Gold Mine Farley Gold Mine Copper Deposit (2M oz resource) (historical production 213 koz) Lynn Lake Nickel-Copper Sulphide Project • Option to acquire 100% of project – October 2015 Beaucage Lake Gold Project • Ni-Cu reso
Slide 13: Lynn Lake: Historical Mining Hub
Lynn Lake: Historical Mining Hub Canada’s 3rd Largest Historical Ni Producing Region For personal use only Historical Production Current Resources • Sheritt Gordon 23 year operation: 1953-1976 • Corazon – EL Plug1: 1.8Mt @ 0.8% Ni, 0.4% Cu & 0.02% Co • Production: 22.2 Mt @ 1% Ni & 0.5% Cu • Maximum
Slide 14: Lynn Lake Mining Centre – Nickel-Copper
Lynn Lake Mining Centre – Nickel-Copper For personal use only 13
Slide 15: The EL Deposit: Exploration Target
The EL Deposit: Exploration Target* UPPER ZONE Tonnage Range Drill Defined 0 - 200m below surface From To Mineralisation For personal use only Historical (not included in Workings Low cost opencut mining option 2,200,000 2,600,000 resource) Grade Range Contained Metal Range Metal From To From To Con
Slide 16: The EL Deposit: Depth Potential
The EL Deposit: Depth Potential For personal use only -700 mbs Discovery Hole XND001W1 23.75 m @ 3.34% Ni & 1.54% Cu Deepest Result CRZ012 -800 mbs 44.75m @ 1.55%Ni & 0.65%Cu Including:- 3.85m @ 2.83%Ni & 0.24%Cu 11.03m @ 2.31%Ni & 1.01%Cu 11.51m @ 2.37%Ni & 0.78%Cu Drill hole Cross-Section Looking
Slide 17: Beaucage Lake Gold Project
Beaucage Lake Gold Project Value For personal use only • Option to purchase 100% of project • No comprehensive recent exploration • High grade gold mineralisation in outcrop – mostly mid-late 1980’s work over 7 - 8 km strike • Minimal project holding costs or • Close to existing Company operations e
Slide 18: High Impact Work Program
High Impact Work Program Multiple Opportunities to be Tested in 2013 For personal use only Copper-Gold Australia: Potential for transformational discovery Nickel-Copper Canada: Development potential Gold Canada: High grade gold identified 17
Slide 19: Investment Summary
Investment Summary Multiple High Impact Opportunities + Very Low Market Cap. For personal use only Significant Investment Leverage Gold-Copper Australia: Option to Earn 75% • Unique opportunity – potentially huge reward • Ground geophysics this quarter • Drilling will test key target (~2,000 metres)
Slide 20: Contacts
For personal use only Contacts Brett Smith Managing Director Corazon Mining Limited P: +61 (8) 6142 6366 James Moses Media and Investor Relations P: +61 (0) 420 991 574 E: james@mandatecorporate.com.au Corazon Mining Limited A: Level 1, 350 Hay Street, Subiaco Western Australia 6008 | P: PO Box 8187