Castle Minerals Ltd · ASX:CDT
Castle Minerals — Shareholder Meeting (November 2020)
15 slides from Castle Minerals's shareholder meeting presentation, Nov 25, 2020
Slide 1: An Active and Growing Gold Explorer
An Active and Growing Gold Explorer AGM 25 November 2020 Stephen Stone – Managing Director
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Cautionary Statement - This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any
Slide 3: Why Invest In Castle Now?
Why Invest In Castle Now? “A WA focused junior gold explorer with considerable value and upside compressed into a modest valuation” Western Australia: ‣ Wanganui (Meekatharra - Gold): Maiden 2,000m, 30-hole RC programme returned excellent intercepts. Follow-up RC programme completed. Results imminen
Slide 4: Meekatharra: Wanganui & Polelle
Meekatharra: Wanganui & Polelle • Region has a proven high gold endowment (>5Moz) • Low-cost entry into Wanganui and Polelle projects • Re-evaluating for: 1. Early near-surface resource delineation for sale / toll treatment at regional plants i.e. Bluebird (NB: recent acquisition by Westgold of Cerv
Slide 5: Wanganui: Multiple Structural Targets
Wanganui: Multiple Structural Targets High resolution magnetics 48-hole, 3,172m RC follow-up programme completed. Results awaited Updated structural interpretation 5
Slide 6: Wanganui: Drilling Confirms Depth Extensions
Wanganui: Drilling Confirms Depth Extensions • Shallow (~40m) satellite pits (ex St Barbara Mines 2002) • Minimal drilling to depth • 15-hole RC programme (August 2020) confirmed depth extensions at North and South pits on Main Lode structure • Main Lode - North Pit: • 3m at 18.66g/t Au from 62m (CW
Slide 7: Wanganui: Evolving East and Far East Lodes
Wanganui: Evolving East and Far East Lodes • Sub-parallel structures to Main Lode • East Lode RC drilling returns 8m @ 3.25g/t Au • Two discrete zones identified. Southern zone appears to thicken with depth • Far East and other interpreted sub-parallel trends returned low-order intercepts providing
Slide 8: High-Res Aeromagnetics Advance Targeting
High-Res Aeromagnetics Advance Targeting Wanganui Preliminary Magnetics (1st VD) Polelle Preliminary Magnetics (1st VD) 8
Slide 9: Polelle: Awaiting Soil Sampling Results
Polelle: Awaiting Soil Sampling Results • A minimally explored greenstone belt presents an excellent discovery opportunity • Major structural features and prospective lithological units mainly obscured by transported cover, so hasn’t received much attention • Along strike from and on same structure
Slide 10: Beasley Creek: Widespread Anomalism
Beasley Creek: Widespread Anomalism • Under-explored prospective northern edge of the remote Rocklea Dome area, 52km NW of Paraburdoo. Targeting: 1. Sheared granite – ‘old’ Archean contact (NB: historic GMLs) 2. “Paulsen’s gold mine” style mineralisation within gabbro/dolerite units that intrude Har
Slide 11: Success Dome: 'Ashburton Corridor'
Success Dome: ‘Ashburton Corridor’ • ~220km2 exploration licence (E08/3257) prospective for gold and base metals • Adjacent to the southern margin of the Hamersley Basin and 40km south of Castle’s Beasley Creek gold project • Within ‘Ashburton structural corridor’ midway between Paulsen’s (ASX: NST)
Slide 12: Ghana: Enviable Regional Scale Footprint
Ghana: Enviable Regional Scale Footprint Carlie Mining Limited (100%) • One of largest consolidations of Birimian geology tenure in West Africa • The same rocks that host the majority of West Africa’s giant gold deposits • Adjacent to Azumah Resources Limited’s Wa Gold Project (2.8Moz Mineral Resour
Slide 13: Corporate
Corporate Board & Management Corporate (current) Michael Atkins Non-Executive Chair (corporate & finance) Ordinary shares 632.5M Stephen Stone Managing Director (corporate & geology) Options (Unlisted) 15.5M James Guy Non-Executive Director (geology) Market capitalisation (@ $0.012) $7.6M Jade Styan
Slide 14: Why Invest In Castle Now?
Why Invest In Castle Now? “A WA focused junior gold explorer with considerable value and upside compressed into a modest valuation” Western Australia: ‣ Wanganui (Meekatharra - Gold): Maiden 2,000m, 30-hole RC programme returned excellent intercepts. Follow-up RC programme completed. Results imminen
Slide 15: Thank You
Thank You Contact: Stephen Stone Managing Director stone@castleminerals.com Mb +61 (0) 418 804 564
Castle Minerals — Shareholder Meeting (November 2020) on 6ix