Carnavale Resources Limited · ASX:CAV
Carnavale Resources — Investor Presentation (October 2020)
16 slides from Carnavale Resources's investor presentation, Oct 23, 2020
Slide 1: Investor Presentation
Investor Presentation October 2020 Hunting for the next high-grade Gold and Nickel Sulphide Deposit in Western Australia 1
Slide 2: Cautionary Statements
Cautionary Statements For Consideration This presentation has been prepared by Carnavale Resources Ltd “Carnavale”. This document contains background information about Carnavale current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or
Slide 3: Corporate Overview
Corporate Overview Targeting high-grade Gold and Nickel Sulphides in Western Australia Capitalisation Data(1) Last 6 Months Share Price Performance(1) A$/share Volume (M) Share Price A$ 0.016 0.020 90 Issued Capital M 2,040 80 70 0.015 Market Cap A$M 32.6 60 Estimated Cash2 A$M 3.5 50 0.010 40 Enter
Slide 4: Board and Management
Board and Management A strong, highly credentialed Board of Directors and Management team Board and Management Ron Gajewski Mr Gajewski is an accountant by profession, with many years of experience as a Director of public listed companies and as a Chairman corporate advisor to public companies liste
Slide 5: Key Projects
Key Projects Hunting for the next high-grade Gold and Nickel Sulphide deposit • Carnavale has 4 highly prospective exploration projects targeting high- grade gold and nickel sulphide located close to Kalgoorlie Western Australia — Kookynie Gold Project — Ora Banda South Gold Project — Grey Dam Nicke
Slide 6: Ideal Commodity Mix: Gold and Nickel Sulphide
Ideal Commodity Mix: Gold and Nickel Sulphide Gold price has recently hit record highs, striking above The supply of battery grade Nickel Sulphide is in short US$2,000/oz… supply and high demand… Last 5 Years Gold Price Performance (US$/oz)(1) Last 5 Years Nickel Price Performance (US$/t)(2) 2,200 2
Slide 7: Kookynie Gold Project
Kookynie Gold Project Overview: high-grade gold potential • Kookynie area has >650,000 oz historic high-grade gold production from high-grade quartz vein deposits dating back to late 19th century • 1 Carnavale entered into 12-month Option Agreement to acquire 80% of the Kookynie Project from Western
Slide 8: Kookynie Gold Project
Kookynie Gold Project Prospectivity • Cosmopolitan Mine located 1km east — 360,000oz @ 15g/t Au production • Champion Mine located 1km north — 33,000 @ 17g/t Au production • ASX:GMD Greater Ulyssess Project located 10km to the north — 17Mt @ 2.34g/t Au for 1.28Moz (JORC 2012) • ASX:GMD Kookynie Proj
Slide 9: Kookynie Gold Project
Kookynie Gold Project Intensive exploration program planned • Detailed, multi-element soil sampling program planned to test strike extensions of known gold mineralisation including: — Metalicity Ltd.’s Leipold, McTavish and Cosmopolitan projects, where transported cover is not well developed • Detai
Slide 10: Ora Banda South Gold Project
Ora Banda South Gold Project Ora Banda South high-grade gold target • 8km south of the Ora Banda Mining Centre and 65km NW of Kalgoorlie • 15km of strike along the Carnage shear that defines the Kurrawang Conglomerate and Black Flag Group contact • Analogous to the +2Moz Invincible Gold Mine, discov
Slide 11: Grey Dam Nickel Sulphide Project
Grey Dam Nickel Sulphide Project Exploration: Surface Geochemistry – Nickel, Copper, Platinum • Extensive data review of historic geochemistry, drilling and magnetics by independent Consultant • Drilling envelope (mostly aircore) • Limited deep drilling below 70m • Historic drilling targeting gold a
Slide 12: Grey Dam Nickel Sulphide Project
Grey Dam Nickel Sulphide Project Exploration: drilling to test Priority EM Targets • FLEM survey conducted over ultramafic package with anomalous geochem • 5 Strong EM conductors defined by FLEM survey including abundant lower order conductors • 4 priority areas targeting Nickel Sulphide within the
Slide 13: Mt Alexander Nickel Project
Mt Alexander Nickel Project Exploration: cutting edge geochemistry • Carnavale’s testing the same geology that occurs at St George’s Cathedrals belt • The Cathedrals Belt has a unique geological setting. East-northeast trend hosting mineralised ultramafics within granites • Since St George acquired
Slide 14: Mt Alexander Nickel Project
Mt Alexander Nickel Project Exploration: cutting edge geochemistry • Ultra Fine Fraction (UFF) soil sampling has identified geochemical anomalies at Mt Alexander with over 3km of strike length • Multiple coincident nickel, copper and platinum geochemical anomalies overlying interpreted ENE trending
Slide 15: Project Work Schedule
Project Work Schedule Exploration programs across the projects Oct-20 Nov-20 Dec-20 Jan-21 W-3 W-4 W-1 W-2 W-3 W-4 W-1 W-2 W-3 W-4 W-1 W-2 W-3 W-4 Kookynie Gold Soil Sampling Aeromagnetic Survey Aircore Drill Program Ora Banda Gold Field Reconnaissance Grey Dam Nickel RC and Diamond Drill Results UF
Slide 16: Contact
Contact Ron Gajewski Humphrey Hale Carnavale Resources Limited Level 2, Suite 9, 389 Oxford Street Mt Hawthorn, WA, 6016 T: +61 8 9380 9098 F: +61 8 9380 6761 E: admin@carnavaleresources.com W: www.carnavaleresources.com ABN: 49 119 450 243
Carnavale Resources — Investor Presentation (October 2020) on 6ix