Caspin Resources Ltd. · ASX:CPN
Caspin Resources — RIU Explorers Conference 2024
20 slides from Caspin Resources's conference presentation, Feb 15, 2024
Slide 1: ASX Release: Investor Presentation – RIU Explorers Conference
ASX RELEASE 15 FEBRUARY 2024 Investor Presentation – RIU Explorers Conference Caspin Resources Limited (ASX: CPN) (“Caspin” or “the Company”) is pleased to advise that Managing Director and CEO Mr Greg Miles will be presenting today 15 February 2024 at 12.30PM (AWST) at the RIU Explorers Conference,
Slide 2: Caspin Resources Ltd Company Presentation
For personal use only CASPIN RESOURCES LTD Company Presentation 15 February 2024 Greg Miles, Managing Director ASX: CPN | www.caspin.com.au
Slide 3: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 4: Caspin's Investment Proposition
Caspin’s Investment Proposition • Two projects with camp-scale potential in emerging regions with enormous strategic value. For personal use only • Exploration underway on a new massive sulphide intrusive target at Yarawindah • Priority position in the West Musgrave with the team that discovered, dr
Slide 5: Corporate Overview
CORPORATE OVERVIEW Successful exploration, corporate and capital markets team LEADERSHIP TEAM MAJOR SHAREHOLDERS ( 12 February 2024) Chalice Gold Mines Ltd 8.7% For personal use only Tinci (HK) Limited 5.9% Mr Buxiao Yu 5.1% Atasa Holdings Pty Ltd 4.3% Mr Justin Tremain Mr Greg Miles Dr Jon Hronsky
Slide 6: Two Strategic Exploration Projects – Exposure to critical and precious metals
Two Strategic Exploration Projects – Exposure to critical and precious metals Ni-Cu Au REE MOUNT SQUIRES PROJECT First-ever discovery of Rare Earth Element For personal use only mineralisation in the region 12km strike extension of magmatic Ni-Cu sulphide host rocks along West Musgrave Corridor
Slide 7: Yarawindah Brook Project (CPN 80%)
For personal use only YARAWINDAH BROOK PROJECT (CPN 80%) A breakthrough discovery in an emerging PGE-Ni-Cu belt 6
Slide 8: A First-Class Address for Discovery
A First-Class Address for Discovery A large, strategic position in the emerging West Yilgarn PGE-Ni-Cu Province For personal use only Exploring new targets with similar geology to the nearby Chalice Mining (ASX:CHN) Gonneville PGE-Ni-Cu Deposit (16Moz 3E, 860kt Ni) Focussing on near-surface ma
Slide 9: Developing New Targets
Developing New Targets Looking for High-Grade Massive Sulphide Similar stratigraphic and structural position to Chalice Mining Ltd’s PGE-Ni-Cu For personal use only Gonneville deposit (but reversed!) Magmatic intrusive architecture 8
Slide 10: Moving Loop EM Survey Underway at Brassica
Moving Loop EM Survey Underway at Brassica Looking for High-Grade Ni-Cu-PGE Massive Sulphide Targets supported by geophysics, geochemistry and historical drilling For personal use only Re-processing of airborne electromagnetic survey generated 11 new conductors Historical drilling results over
Slide 11: A Pipeline of Targets - Focus on near-surface opportunities
A Pipeline of Targets - Focus on near-surface opportunities Shallow EM conductors at Serradella at junction of key structures Progressively gaining land access to conduct first-pass exploration over ground For personal use only without any previous exploration Serradella Prospect 10
Slide 12: A Pipeline of Targets - Focus on near-surface opportunities
A Pipeline of Targets - Focus on near-surface opportunities Ni-Cu-PGE soil anomalies associated with mafic/ultramafic rocks at Balansa For personal use only Balansa Prospect 11
Slide 13: Recognising Lithium Potential
Recognising Lithium Potential No previous exploration across the project Conceptual geological setting similar to Greenbushes Deposit in For personal use only southwest WA Multiple pathfinder (Sn-Ta-Cs-W) anomalies in soil geochemistry. A very different regolith regime in the southwest compare
Slide 14: Mount Squires Project (CPN 100%)
For personal use only MOUNT SQUIRES PROJECT (CPN 100%) Large scale greenfield gold, REE and base metal project 13
Slide 15: A strategic position with multi-commodity prospectivity
A strategic position with multi-commodity prospectivity • Nickel & Copper: For personal use only 12km extension of mineralised corridor, only 10km along strike from A$1.7B Nebo-Babel mine development by BHP • New REE discovery, a first for the region: High-grade heavy REE in drilling, open all direc
Slide 16: West Musgrave Magmatic Sulphide Corridor
West Musgrave Magmatic Sulphide Corridor Looking for the next Nebo-Babel Deposit • Nickel and copper deposits are potentially large (>1Mt contained 15 metal), but obscured by desert sands, requiring multiple phases of For personal use only exploration • Caspin has recognised prospects with similar c
Slide 17: Extension of High Grade Heavy Rare Earths at Duchess
Extension of High Grade Heavy Rare Earths at Duchess The first discovery of REE in the province • Significant results from first RC drill program For personal use only include: 27m @ 0.70% TREO from 42m Including 12m @ 1.15% TREO from 55m (MSRC0003) Comprising 1,662ppm Nd2O3, 404ppm Pr6O11, 325ppm
Slide 18: Heavy REE are the most important in the basket
Heavy REE are the most important in the basket A strategic point of difference for Mount Squires For personal use only All REE are critical, but dysprosium & terbium Magnets Dysprosium have the greatest leverage and terbium to future demand Source: The trading opportunity that could create resilienc
Slide 19: Next Steps
Next Steps • Evaluating next tier of geochemical and geophysical Ni-Cu anomalies Particularly under thicker cover with more subtle signatures For personal use only Redwood (along strike from One Tree Hill) remains to be fully tested • Rare Earth opportunity continues to evolve – Duchess probably
Slide 20: Caspin Resources Limited
For personal use only CASPIN RESOURCES LIMITED Ground Floor, 675 Murray Street West Perth, Western Australia 6005 T: +61 8 6373 2000 E: admin@caspin.com.au W: www.caspin.com.au ASX: CPN 19