West Cobar Metals Ltd. · ASX:WC1
West Cobar Metals — Investor Presentation (October 2021)
17 slides from West Cobar Metals's investor presentation, Oct 1, 2021
Slide 1: New Stratabound Copper (+ Silver) Discovery and Gold Exploration
For personal use only New Stratabound Copper (+ Silver) Discovery and Gold Exploration First Mover Status : West Cobar Region New South Wales 1 Oct 21
Slide 2: Disclaimer
Disclaimer NOT AN OFFER OF SECURITIES This document has been independently prepared by West Cobar Metals Limited (WC1) and is provided for informational purposes only. This document does not constitute or contain an offer, invitation, solicitation or recommendation with respect to the purchase or sa
Slide 3: Corporate Information
Corporate Information Tight Capital Structure For personal use only Capital Number of Shares Directors & Management (26.4% undiluted) 10,966,250 Total number of shares (undiluted) 41,500,000 Options (25c strike price) 13,000,000 Total number of shares (fully diluted) 54,500,000 ASX CODE WC1 IPO rais
Slide 4: Board and Management
Board and Management Highly Experienced Team with a Track Record of Corporate and Exploration Success For personal use only Robert Klug (LLB, B Comm) – Non Exec Chairman • Australian qualified resources and corporate lawyer with 30 years experience • Previously 9 years as General Counsel and Company
Slide 5: Opportunity Overview – First Mover
Opportunity Overview – First Mover First mover in the West Cobar Basin - an underexplored area showing all the right signs for world class potential For personal use only Four distinct compelling prospects at various stages of exploration 100-200 kms west of Cobar: 1. Bulla Park Project – recently d
Slide 6: Copper is Critical for Decarbonisation and EVs
Copper is Critical for Decarbonisation and EVs No decarbonisation without Copper – the “New Oil” For personal use only Growth in Renewable Energy Growth in Electric Vehicles Installed capacity of solar and wind is forecast to grow Electric vehicles use substantially more copper than strongly worldwi
Slide 7: Bulla Park Project – New Copper Discovery
Bulla Park Project – New Copper Discovery Project Summary For personal use only • 2017 - EL8642 granted , access agreements in place with pastoralists. • 2018 - option agreement with Sandfire Resources, now terminated. Sandfire completed gravity, aircore, RC and Diamond drilling (~A$2.2m spend). • R
Slide 8: Bulla Park Project – Gravity and Drilling
Bulla Bulla Park Project Park& Drilling – Gravity Project – Gravity and Drilling Recent Exploration Work For personal use only • Detailed gravity surveys over central part of EL8642 integrated with wide spaced public domain gravity data. • Cu and Pb mineralized stratabound horizons appear to relate
Slide 9: Bulla Park Project – Drill Section
Bulla Park Project – Drill Section Oblique Section approx 0550 looking NW For personal use only • Drill hole 20CA002 penetrated a massive alteration zone of haematite, siderite and barite approx 320m thick (within the Winduck Formation), indicating the vicinity of a major mineralised system, but sto
Slide 10: Bulla Park Project – Proposed Drilling
Bulla Park Project – Proposed Drilling Priority Drilling Activity For personal use only • Copper zone dips SW at 25o (from orientated core) • Sub-outcrop of copper zone completely covered by younger Mulga Downs Group sediments • 5 x diamond drill holes planned to test copper potential along strike a
Slide 11: Other Prospects – Location Map
Other Prospects Location Map For personal use only First Mover Status : West Cobar Region New South Wales
Slide 12: Mt Jack - Copper/Gold
Mt Jack - Copper/Gold Historical Exploration Work • For personal use only Aeromagnetic bulls-eye identified, close to focus of strong intersecting regional structures. • Bulls-eye drilled, hole abandoned in Mulga Downs Group before reaching modelled target depth. • Hole contained significant Au and
Slide 13: Mt Jack – Copper/Gold Exploration Model
Mt Jack – Copper/Gold Exploration Model • For personal use only Drill hole F8RMD07-01 abandoned in Mulga Group basal conglomerates, overlying Lower Devonian Winduck sediments. Drill hole failed to reach modelled target. • Strong geochemical traces of Au and Cu [1m(0.29g/t Au, 386ppm Cu)] - possibly
Slide 14: Cawkers Well – Gold
Cawkers Well – Gold Project Summary • For personal use only Sediment hosted, structurally controlled gold mineralisation related to NW structures in regional aeromagnetics. Very poor outcrop, thin cover and surface leaching. • Intersections of 18m (0.22g/t Au) from 135m in CW009 and 8m (0.84g/t Au)
Slide 15: Nantilla - Copper/Gold Target
Nantilla - Copper/Gold Target Project Summary • Aeromagnetic For personal use only No previous drilling at Nantilla. image (gravity • Granodiorite (aeromagnetic high, gravity low) intruding target in red). Lower Devonian age siltstones indicated by regional drilling (drill holes Tongo 1 and GW273068
Slide 16: Busy Schedule – Drilling Priority
For personal use only Busy Schedule – Drilling Priority Exploration Operations Schedule - 2021/22 Project Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Diamond Assess Bulla Park Diamond drilling Assess results results Diamond drilling Assess results drilling Diamond Assess Diamond M
Slide 17: Investment Highlights
Investment Highlights West Cobar Metals presents an attractive value proposition: For personal use only • Stratabound copper discovery - tenement package contains a recent discovery under cover • First mover advantage - in underexplored West Cobar Basin • Four distinct, compelling projects – potenti
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