Cosmo Metals Limited · ASX:CMO
Cosmo Metals — Investor Presentation (November 2021)
21 slides from Cosmo Metals's investor presentation, Nov 23, 2021
Slide 1: Investor Presentation: Exploring the Emerging Cu-Ni-Co Yamarna Belt
For personal use only PRIVATE AND CONFIDENTIAL INVESTOR PRESENTATION EXPLORING THE EMERGING Cu-Ni-Co YAMARNA BELT IN WESTERN AUSTRALIA NOVEMBER 2021 PROPOSED ASX CODE: CMO | COSMOMETALS.COM.AU
Slide 2: Disclaimers
DISCLAIMERS Purpose of presentation: this presentation has been prepared by Cosmo Metals limited (ACN 653 132 828) (CMO, Cosmo or the company). It is intended for the sole purpose of providing high-level background information on CMO, its projects and its proposed For personal use only operations. T
Slide 3: Why Invest in Cosmo Metals
Why Invest in Cosmo Metals For personal use only Dominant land position in a highly prospective belt – 460km2 landholding in the world class Yamarna mineral province Developing a large scale Nickel-Copper-Cobalt system – shallow copper & nickel sulphide mineralisation identified Drill ready targets
Slide 4: IPO Offer Structure
IPO OFFER STRUCTURE For personal use only IPO IPO Minimum Subscription Minimum Subscription Maximum Subscription IPO Offer1,2 Issue/ IPO Price $ $0.20 $0.20 IPO Shares to be issued m 25.0 35.0 IPO Funds raised $m $5.0 $7.0 50.0% 50.0% Post listing Capital Structure Great Boulder Vend Shares m 25.0 2
Slide 5: IPO Offer Timetable
IPO OFFER TIMETABLE For personal use only Event Target Date Lodgement of Prospectus with ASIC and post on website Monday, 22 November 2021 Record Date for GBR Shareholder Priority Offer Friday, 26 November 2021 Monday, 29 November 2021 Expiry of Exposure Period (unless extended) Opening Date of the
Slide 6: Board & Management
BOARD & MANAGEMENT For personal use only Peter Bird • Experienced, well known and highly respected mining Ziggy Lubieniecki • +30 years’ experience in mining and exploration industry executive Non-executive Chairman Non-executive Director • Former Founder/Executive Director at Gold Road • Extensive
Slide 7: First Mover in an Emerging Cu-Ni-Co Belt
FIRST MOVER IN AN EMERGING Cu-Ni-Co BELT For personal use only Strategic Position in the Yamarna Province ▪ 460km2 of highly prospective tenure in a proven base metal and gold belt ▪ Located 130km east of Laverton and 25km west of Gold Road’s (ASX:GOR) and Gold Fields’ +6.7Moz Gruyere Gold Mine Dril
Slide 8: Yamarna Region
YAMARNA REGION For personal use only Yamarna Cu-Ni-Co Project – Mt Venn & Eastern Mafic ▪ 100% interest in the Yamarna Project ▪ Located 25km west of the Gruyere Gold Mine and 130km east of Laverton in WA ▪ Mt Venn Cu-Ni-Co discovery 2017: massive sulphides drilled in the first target ▪ Extensive Cu
Slide 9: History of Yamarna Project
HISTORY OF YAMARNA PROJECT Corporate History – $6M Spent on Yamarna to Date For personal use only Mt Venn Discovery Positive Metallurgy Board Changes Secures 100% of Yamarna March 2017 October 2018 June 2019 June 2021 48m @ 0.8% Cu, 0.2% Ni, Proof of concept of Appointment of GBR secures 100% 0.07%
Slide 10: Yamarna Project Overview
YAMARNA PROJECT OVERVIEW For personal use only Advanced Mt Venn Cu-Ni-Co Discovery ▪ Central deposit has mineralisation defined +1.5km of strike and remains open along strike and at depth ▪ Copper dominant zone of the mineralised system ▪ Wide, shallow, sulphide lenses amenable to large scale open-p
Slide 11: Mt Venn Discovery
MT VENN DISCOVERY For personal use only Discovery Made in First Drill Program – October 2017 ▪ Multiple, broad lenses of shallow Cu-Ni-Co sulphide mineralisation intersected ▪ Copper dominant system with consistent grade ▪ Sulphide mineralisation extends to surface with very limited weathering or ox
Slide 12: Mt Venn Mineralisation
MT VENN MINERALISATION For personal use only Mineralisation Defined over +1.5km, and remains Open Down Dip and Along Strike ▪ Highly effective down-hole EM survey used to locate sulphide lenses ‒ Every EM target drilled at Mt Venn has intersected sulphides ▪ Drilling to focus on identifying high gra
Slide 13: Mt Venn Cross Sections
MT VENN CROSS SECTIONS For personal use only ▪ Mineralisation is well defined by drilling in the central zone ▪ Extensions to the north and south show mineralisation is continuous from surface and remains open ▪ Drilling has only tested mineralisation amenable to open-pit mining (maximum depth of 26
Slide 14: Eastern Mafic Discovery
EASTERN MAFIC DISCOVERY For personal use only Unlocking High Grade Nickel Sulphide Mineralisation ▪ Maiden reconnaissance drilling intersected extensive mineralisation remaining open down dip and along strike ‒ 4m @ 1.3% Cu, 0.2% Ni, 0.02% Co from 134m (18EMRC021) ‒ 10m @ 0.5% Cu, 0.4% Ni, 0.04% Co
Slide 15: Winchester Project
WINCHESTER PROJECT For personal use only Comprises Two Tenements ▪ E38/3340: 100% owned by Cosmo Metals ▪ E38/2129: 75% owned by Cosmo Metals under a JV with Ausgold (ASX:AUC) who retain a 25% free-carried interest to a decision to mine 15
Slide 16: Winchester Project: Advanced Cu-Ni-Co Asset
WINCHESTER PROJECT For personal use only Advanced Cu-Ni-Co Asset ▪ Advanced project that hosts known copper-nickel mineralisation open along strike and at depth ▪ Significant intercepts include1: ‒ 7m @ 1.1% Cu, 0.2% Ni, 0.01% Co, 0.19g/t Au, 0.13g/t PGE from 120m (18WNRC001) – Incl. 2m at 1.8% Cu,
Slide 17: Excellent Infrastructure & Power Supply
EXCELLENT INFRASTRUCTURE & POWER SUPPLY For personal use only 17
Slide 18: Proposed Use of Funds
PROPOSED USE OF FUNDS For personal use only Minimum Subscription Maximum Subscription Proposed Use of Funds (Two Years Combined) ($M) ($M) Nickel/Copper Sulphide EM Target Drilling and Mt Venn Resource 2.3 3.6 Extensional and Infill Drilling Nickel/Copper Sulphide Target Generation 0.5 0.7 (Geophysi
Slide 19: Indicative Timetable
INDICATIVE TIMETABLE For personal use only Q4-CY2021 Q1-CY2022 Q2-CY2022 Oct Nov Dec Jan Feb Mar Apr May Jun 1 Corporate Lodgement of Prospectus with ASIC Offer Period Admission & Commencement of trading on the ASX 2 Exploration/Operational Geochemistry, geophysics (inc. DHEM) & field work Target Ge
Slide 20: Investment Summary
INVESTMENT SUMMARY For personal use only First mover advantage – secured 460km2 landholding in a world class mineral province Developing a large Ni-Cu-Co system – shallow Cu-Ni sulphide mineralisation identified Drill ready targets – extensional and regional untested targets at Mt Venn and East Mafi
Slide 21: Contact
For personal use only CONTACT COSMOMETALS.COM.AU James Merrillees Managing Director Cosmo Metals T: +61 8 6400 5301 E: admin@cosmometals.com.au