Cosmo Metals Limited · ASX:CMO
Cosmo Metals — Investor Presentation (May 2023)
18 slides from Cosmo Metals's investor presentation, May 16, 2023
Slide 1: Base Metals Exploration, Yamarna Belt, Western Australia
For personal use only BASE METALS EXPLORATION YAMARNA BELT, WESTERN AUSTRALIA CREATING SHAREHOLDER VALUE THROUGH DISCOVERY CORPORATE PRESENTATION MAY 2023 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 operations. This presentation is no
Slide 3: First-Mover Advantage
FIRST - MOVER ADVANTAGE Dominant land position with Minjina discovery tip of the iceberg Dominant Land Position in the Yamarna Province ▪ >450km2 of highly prospective tenure in an emerging base metals and gold belt For personal use only ▪ 25km west of Gold Road’s (ASX:GOR) and Gold Fields’ +7Moz Gr
Slide 4: Board and Management
BOARD AND MANAGEMENT Experienced team with track record of discovery Peter Bird James Merrillees Non-Executive Chairman Managing Director For personal use only Geologist/Capital Markets Exploration/Capital Markets Experienced and highly respected mining +25 years’ global experience in mining and ind
Slide 5: Capital Structure
CAPITAL STRUCTURE Tight capital structure and supportive shareholder base, compelling leverage Major Shareholders For personal use only 50.5M $0.85M Shares on Issue Cash As at 31 March 2023 29.5% ASX:CMO 49.5% Top 20 Shareholders 21.0% Other Shareholders $6.6M ~71% Market Cap Top 20 Ownership As at
Slide 6: Minjina VMS-Style Zn-Pb-Ag-Cu Discovery
MINJINA VMS-STYLE ZN-PB-AG-CU DISCOVERY Potential company maker open more than 1km x 750m ▪ Mineralisation within broad, >50m thick zones of Zn-Pb-Ag mineralisation and unconstrained within a >1km x 750m target zone For personal use only with limited drilling (six holes!) including hole MIRC003: ➢ 7
Slide 7: Minjina – Copper Increasing
MINJINA – COPPER INCREASING Vector to proximal core of the system & copper zone ▪ MIRC010 and MIRC014 drilled downdip of MIRC003 W E & intersected: For personal use only ➢ Wider zones of Zinc (Zn) - Lead (Pb) - Silver (Ag) mineralisation with ➢ Copper (Cu) grades increasing and open down dip MIRC010
Slide 8: Minjina – Copper and Silver
MINJINA – COPPER AND SILVER Up to 123g/t silver ▪ Holes MIRC012 and 013 intersected wide zones of W E Zn-Pb as well as Cu, extending the known Zn and For personal use only Pb zone 80m south of MIRC003 ▪ 11m @ 1.03% Zn, 0.22% Pb, 0.15% Cu, 33.50 g/t Ag from 212m in MIRC013 ▪ DHEM target ~150m south o
Slide 9: Minjina – MJ1 Downhole EM
MINJINA – MJ1 DOWNHOLE EM High priority conductor 150m south of MIRC013 ▪ Ag mineralisation consistent with MIRC014 stringer/stockwork system For personal use only 7m @ 0.7% Zn, 7.0g/t Ag & 0.3% Pb from 114m 16m @ 0.56% Zn, 7.17g/t Ag & 0.13% Pb from 128m 4m @ 1.35% Zn, 8.85g/t Ag & 0.32% Pb from 17
Slide 10: Narragene – Cu-Ni & Zn-Pb-Ag-Cu
NARRAGENE – CU-NI & ZN-PB-AG-CU Advanced exploration and drill-ready target north of Minjina ▪ 60km2 area hosting 8km extension of the Mt Venn For personal use only greenstone, north of the Minjina discovery ▪ No work has been conducted at Narragene in >15 years with first follow up of historical ho
Slide 11: Narragene Ground Geophysics
NARRAGENE GROUND GEOPHYSICS NA1 target drill-ready target ▪ MLEM survey defined a high priority For personal use only conductor (NA1) to be tested with a shallow (160m) hole after heritage clearance ▪ Soil survey to cover high priority targets including NA1 and felsic volcanics ▪ Drill planning adva
Slide 12: Narragene
NARRAGENE New tenement applications to cover regional VMS potential ▪ New applications expand footprint covering extensive For personal use only felsic volcanics (rhyolites) mapped, key host rock VMS deposits globally ▪ Widespread surface Zn (and Cu) anomalism NA1 ▪ Never targeted for VMS with histo
Slide 13: Excellent Infrastructure
EXCELLENT INFRASTRUCTURE Project straddles the Gruyere mine infrastructure with road, air, power, gas and water For personal use only Narragene Minjina 13
Slide 14: Why Invest in Cosmo Metals?
Why Invest in Cosmo Metals? Dominant land position in a highly prospective belt – 450km2 landholding in the world class Yamarna mineral province For personal use only New base metals discovery at Minjina – Drilling intersecting up to 6.4% Zn + Pb, 123g/t Ag analogous to VMS deposits globally Shallow
Slide 15: Contact
For personal use only CONTACT COSMOMETALS.COM.AU James Merrillees Managing Director Cosmo Metals T: +61 8 6400 5301 E: james@cosmometals.com.au
Slide 16: Mt Venn Copper-Nickel-Cobalt System
MT VENN COPPER-NICKEL-COBALT SYSTEM Exploration Target* outlines shallow sulphide mineralisation Advanced Mt Venn Cu-Ni-Co Discovery ▪ For personal use only Mt Venn Exploration Target range: 10.2 to 32.3Mt of Cu-Ni-Co mineralisation with grades ranging from 0.55% CuEq to 0.63% CuEq ▪ Exploration tar
Slide 17: Mt Venn Cross Sections
MT VENN CROSS SECTIONS Drilling has only tested mineralisation to maximum depth of 250m below surface For personal use only 17
Slide 18: Volcanogenic Massive Sulphide (VMS) Deposits
VOLCANOGENIC MASSIVE SULPHIDE (VMS) DEPOSITS Globally significant polymetallic deposits ▪ VMS deposits grow upwards from the venting of hydrothermal fluids, rich in base For personal use only and precious metals, onto an ancient sea floor resulting in a well-developed zonation in the distribution of