Cazaly Resources Limited · ASX:CAZ
Cazaly Resources — Resources Rising Stars 2023
29 slides from Cazaly Resources's conference presentation, May 16, 2023
Slide 1: ASX Announcement: Resources Rising Stars 2023 Presentation
ASX ANNOUNCEMENT 16 May 2023 LATEST PRESENTATION RESOURCES RISING STARS 2023 Please find attached a copy of the latest presentation for Cazaly Resources Limited (ASX: CAZ). This presentation is being distributed at the Resources Rising Stars Conference 2023 being held on the Gold Coast on 16 and 17
Slide 2: Resources Rising Stars 2023 Gold Coast Conference
For personal use only Successful explorers continue REE, Gold, Copper hunt in Australia, Canada, Namibia Resources Rising Stars 2023 Gold Coast Conference MAY 2023 ASX:CAZ
Slide 3: Competent Person's Statement & Disclaimer
Disclaimer Competent Person’s Statement & Disclaimer For personal use only The information contained herein that relates to exploration targets and exploration The Mineral Resource for the Hamersley Iron Ore Project is reported in accordance with results is based upon information compiled or reviewe
Slide 4: Shareholders & Capital Structure
SHAREHOLDERS & CAPITAL STRUCTURE For personal use only N McMahon (Estate) Capital Structure & Associates Share Price (31 March 2023) $0.03 Cash & Investments (31 March 2023) $8.1M Other 11% Directors and Market Capitalisation $10M Top 20 Management 30% 10% Shares Quoted 371,821,793 Fully paid ordina
Slide 5: Board and Management
BOARD AND MANAGEMENT Clive Jones Terry Gardiner Chairman Non-Executive Director For personal use only Founding Director of Cazaly +20 years experience in capital +35 years industry experience in markets, corporate advising, the mineral & energy sectors stockbroking Tara French Jonathan Downes Managi
Slide 6: Canadian Project: Carb Lake REE, Ontario
For personal use only CANADIAN PROJECT CARB LAKE REE ONTARIO
Slide 7: Carb Lake REE Project
CARB LAKE REE PROJECT Large scale carbonatite • Located in the Red Lake district, a well known For personal use only mining province in Canada • 2.5 – 3km in diameter Largely unexplored • 1960’s - four diamond drill holes – niobium exploration • 2011 - geophysical survey • No exploration drilling in
Slide 8: Exploration History: Late 1960s
EXPLORATION HISTORY Late 1960s For personal use only • Ontario govt geophysical survey identifies large circular magnetic feature • Big Nama Creek Mines - airborne magnetic & radiometrics • Niobium exploration - Four drill holes, average hole DD004 depth 140m – NO ASSAY RESULTS DD001 DD003 • Petrogr
Slide 9: Exploration History: Late 1960s to 1980s
EXPLORATION HISTORY Late 1960s to 1980s For personal use only • Ontario govt recovered diamond core and collected samples as part of a regional study • Samples were analysed for major oxides and 24 trace elements including 2 REE’s (Ce, La) and Nb • Two samples from drill hole 4 returned; >5% Cerium,
Slide 10: Exploration History: 2011
EXPLORATION HISTORY 2011 For personal use only • After China cut exports to Japan in 2010, supply concerns saw REE prices surge over 200% • Countries and producers scrambled for new REE sources, interest in Carb Lake was renewed • South American Rare Earth Corp (SAREC) flew detailed aeromagnetics •
Slide 11: Environmental Social Governance (ESG)
ENVIRONMENTAL SOCIAL GOVERNANCE (ESG) • An Environmental Impact Assessment will be Project Boundary For personal use only conducted once exploration plans have been finalised • No First Nations Claim exists over the property, however the land is used by the Sachigo Lake First Nations people for hunt
Slide 12: REE Market
REE MARKET • 2021 $7B market dominated by China For personal use only • Supply chain anxiety and global push for decarbonisation driving increased demand • REE have unique magnetic and electrical properties, valuable for the energy transition • REE spot prices have increased 35% since 2021 • Estimat
Slide 13: Transaction Overview
TRANSACTION OVERVIEW Cazaly has agreed to the following terms to acquire For personal use only 100% of the Carb Lake Project: Pay a non-refundable Subject to satisfactory Vendors receive a Option Fee of due diligence pay 2% NSR C$15,000 C$85,000 (net smelter royalty) for a 2-month in cash to the exc
Slide 14: Australian Projects
For personal use only AUSTRALIAN PROJECTS ASHBURTON - REE, CU, AU HALLS CREEK – CU-ZN-AG
Slide 15: Ashburton Basin: Gold-Copper-Rare Earth Elements
GOLD-COPPER-RARE EARTH ELEMENTS ASHBURTON BASIN • For personal use only Greenfields project, early stage • Large landholding over 2,450km² • Project contains several, regional scale, previously unidentified mantle tapping structures • Potential to host large gold, base metal, and REE deposits • Regi
Slide 16: Ashburton Basin: Work Completed to Generate Targets
GOLD-COPPER-RARE EARTH ELEMENTS ASHBURTON BASIN WORK COMPLETED TO GENERATE MINERALISED TARGETS • Full regional scale structural interpretation For personal use only • Several phases of field work completed to cover the entire land package • Boots on ground surface sampling • Helicopter supported wor
Slide 17: Ashburton Basin: Target Generation Deliverables
GOLD-COPPER-RARE EARTH ELEMENTS ASHBURTON BASIN TARGET GENERATION DELIVERABLES: REGIONAL SCALE TRENDS MULTIPLE REGIONAL SCALE MINERALISED TRENDS & PROJECT SCALE TARGETS For personal use only • 4 extensive mineralized trends identified • 70km gold trend (x 2) • 50km copper trend • 50km REE trend • Mi
Slide 18: Halls Creek: Copper-Zinc-Silver
COPPER-ZINC-SILVER HALLS CREEK • Advanced project, copper resources, For personal use only early development scoping stage • 10km of prospective stratigraphy • Several volcanogenic massive copper sulphide deposits in the district. • Project area has high potential to host additional deposits • Curre
Slide 19: Halls Creek: Growing the Copper Resources
COPPER-ZINC-SILVER HALLS CREEK GROWING THE COPPER RESOURCES EXPLORATION PROGRESS For personal use only • Ground & downhole EM surveys • RC and Diamond Resource drilling • Mount Angelo North massive sulphide deposit MRE - 1.72Mt @ 1.4% Cu (0.4% lower cut), 1.4% Zn, 12.3g/t Ag, for 23kt copper, 25kt z
Slide 20: Halls Creek: Resource Growth Potential
COPPER-ZINC-SILVER HALLS CREEK RESOURCE GROWTH POTENTIAL For personal use only Bommie • 1km long mineralised footprint • Wide copper drill intercepts • Mineralisation starts from surface • Cross Section A – A’ shows potential for growth of the maiden resource • Mineralisation open to the west, along
Slide 21: Halls Creek: Mine Scoping Study Underway
COPPER-ZINC-SILVER HALLS CREEK MINE SCOPING STUDY UNDERWAY For personal use only 1MOU WITH AuKING (ASX:AKN) • AuKing commenced scoping study for the development of a consolidated base metal mining hub centred at the Sandiego deposit • Cazaly’s Bommie porphyry copper and Mount Angelo copper-zinc depo
Slide 22: Joint Venture: McKenzie Springs
JOINT VENTURE Graphite, Ni-Cu-PGE McKENZIE SPRINGS For personal use only • Nickel Sulphide exploration in the Kimberley region of Western Australia • Proven mineral district, along strike of the Savannah Nickel Mine • Large project with over 13km of prospective basal contact of host ultramafic units
Slide 23: Joint Venture: Mount Venn
JOINT VENTURE Au-Ni-PGE MOUNT VENN • Mount Venn greenstone belt associated with For personal use only the Yamarna Shear, adjacent to Gold Road Resources’ (ASX:GOR) world class Yamarna Gold Project. Prospective for Gold and Nickel • 50km under-explored greenstone belt • Three Bears Prospect shows wid
Slide 24: Royalty Streams: Iron Ore
ROYALTY STREAMS PARKER RANGE IRON ORE MINE • Central Yilgarn location HAMERSLEY IRON ORE RESOURCE • 2019 – Sold to Mineral Resources Ltd for $20m cash For personal use only • Central Pilbara location • ~$9M returned to shareholders • Resource estimate 343.2Mt @ 54.5% Fe • Royalty of $0.50/t produced
Slide 25: Namibian Projects
For personal use only NAMIBIAN PROJECTS ABENAB NORTH – REE & BASE METALS KAOKO - LITHIUM
Slide 26: Namibian Projects: REE - Abenab North
NAMIBIAN PROJECTS REE - ABENAB NORTH For personal use only • Significant REE mineralisation in several drillholes including: • 45m @ 0.73% TREO to end of hole (including 4m @ 2.53%) • 16.7m @ 0.66% TREO (including 1.2m at 1.89%) • 39.7m @ 0.55% TREO (including 3.6m @ 1.22%) • 19.9m @ 0.48% TREO • 3.
Slide 27: Lithium - Kaoko
NAMIBIAN PROJECTS LITHIUM - KAOKO For personal use only • LARGE +100km2 lithium soil anomaly • Initially identified on coarse 1km sample grid • Infill soil sampling confirms contiguous stratiform lithium anomaly • Potential for large sediment hosted lithium deposit 26 CAZALY RESOURCES LIMITED MAY 20
Slide 28: CAZ Investment Opportunity
CAZ INVESTMENT OPPORTUNITY • Set to acquire 100% Carb Lake REE project, Canada • Strong track record for project generation • Namibian Critical Minerals Projects • Value add & de-risk projects through boots on ground For personal use only exploration to resource development • Abenab Nth: New licence
Slide 29: For more information please contact us
For personal use only For more information please contact us: +61 8 9322 6283 admin@cazalyresources.com.au www.cazalyresources.com.au Corporate Office Level 3 30 Richardson Street West Perth 6005 ACN 101 049 334 @CazalyLimited