New Frontier Minerals Limited · ASX:NFM
New Frontier Minerals — Investor Presentation (May 2024)
25 slides from New Frontier Minerals's investor presentation, May 15, 2024
Slide 1: 121 Mining Investment London
121 Mining Investment London INVESTOR PRESENTATION
Slide 2: Disclosure
2 Disclosure The information contained in this document ("Presentation") has been prepared by Castillo Copper Limited (hereafter "Castillo“ or “CCZ”). It has not been fully verified and is subject to material updating, revision and further amendment. While the information contained herein has been p
Slide 3: Corporate Overview
01 CORPORATE OVERVIEW Diversified Operations, Listings and Management
Slide 4: Castillo Copper in Focus
4 Castillo Copper in Focus COMPANY AND ASSET SUMMARY $0.007c £0.0025 CCZ ASX Share Price1 LSE Share Price2 ASX/LSE 1,299.5m $4.55m Shares on issue Market Capitalisation NWQ Copper Project (ASX)1 (ASX)1 Over 20 high-grade targets, including Big One Deposit, situated in the Mt Isa copper- About Castil
Slide 5: Castillo Copper Board and Management
5 Castillo Copper Board and Management THE RIGHT PEOPLE IN PLACE TO UPLIFT COMPANY STRATEGY EDUARDO ROBAINA Non-Executive Director Eduardo is an accomplished Managing Director and Engineering Consultant with an executive and technical skillset. Possessing over two decades of experience working in th
Slide 6: Investment Highlights
6 Investment Highlights WE ARE COMMITTED TO DEVELOPING ASSETS THAT DELIVER OPTIMAL VALUE TO SHAREHOLDERS 1 Active progression of assets up the value curve 2 Diversified portfolio with core focus on copper 3 Copper a stable commodity with traditional & emerging applications 4 Extensive studies undert
Slide 7: Operations Overview
02 OPERATIONS OVERVIEW Core Asset the Focus for Castillo Copper
Slide 8: NWQ Project
NWQ PROJECT SITUATED IN THE MT ISA COPPER-BELT DISTRICT, NORTH-WEST QUEENSLAND The NWQ Copper Project exhibits significant copper prospectivity. The highest likelihood of discovering copper deposits lies at the intersections of fault lines, especially within or close to the Mount Gordon Fault Zone.
Slide 9: JORC compliant inferred MRE
9 JORC compliant inferred MRE 3 2.1MT @ 1.1% CU FOR 21,886KT COPPER METAL Metallurgical test-work undertaken on samples from the Big One Deposit to produce a concentrate were encouraging, with upgrades ranging from 5-10x copper metal at recoveries ranging 72-83%.. Further, combined with a JORC compl
Slide 10: Exploration in Focus
10 Exploration in Focus EVALUATION Collation, combination and interpretation of publicly available geochemical data to define trends, geological and structural associations. Review of historical exploration reports with a view to identifying historical targets suitable for follow up exploration. Re-
Slide 11: Prospectivity and certainty scores at NWQ targets
11 Prospectivity and certainty scores at NWQ targets 0 5 10 15 20 25 30 35 1. Big One | HD Prospectivity Score6 Certainty Score 2. Eldorado | HC High: An area is considered to have a high mineral A: The available data are not adequate to resource potential if the geological, geophysical, or determin
Slide 12: Big One in Focus | HD
12 Big One in Focus | HD 7, 8, 9, 10 GEOLOGY The historic Big One Copper Mine’s host rock comprises dolomitic feldspathic sandstone, siltstone (Lochness Formation), and quartzite (Whitworth Quartzite). Mineralisation includes supergene copper linked to a steeply dipping, northeast-trending fault zon
Slide 13: Key milestones at the Big One deposit
13 Key milestones at the Big One deposit TIMELINE 121 MINING INVESTMENT LONDON - INVESTOR PRESENTATION
Slide 14: Key studies at Big One
14 2020-21 drilling results confirm Cu Key studies at Big One (chalcocite) from surface: • BH 303RC - 40m at 1.64% Cu 7 STUDIES from surface incl: 11m at 4.40% Cu from 24m, 7 historic drillholes intercept shallow, high-grade Cu over 600m strike: 5m at 7.34% Cu from 28m 1m at 16.65% Cu from 29m14 • B
Slide 15: Big One in Focus: 2022 Mineral Resource Estimate
15 Big One in Focus 17 2022 MINERAL RESOURCE ESTIMATE Inferred MRE of 2.1Mt at a grade of 1.1% Cu. A smaller estimate for indicated resources has been included, focusing on legacy stockpiles. A targeted diamond drilling program has the potential to significantly expand and improve the confidence lev
Slide 16: Mkushi Project
MKUSHI PROJECT LOCATED WITHIN THE CENTRAL PROVINCE OF ZAMBIA, ~186 KM NNE OF LUSAKA An Induced Polarisation (IP) survey campaign undertaken at the Mkushi Project in Zambia in 2022 highlighted multiple zones of high chargeability coincident with known copper soil anomalies. According to geophysicist
Slide 17: Exploration in Focus
17 Exploration in Focus EVALUATION AND PLANNING FOR MKUSHI TARGET ZONES An, undrilled shear zone in SYG's mining lease was discovered via desktop studies in 2020, parallel to the existing Mtugu Zone and stretching 4km into Mkushi Project.18 Following this, over 2020 & 2021 CCZ conducted 2 geochemica
Slide 18: Recent exploration continued
18 Recent exploration continued GEOPHYSICAL IMAGING SOLIDIFIES NEXT STEPS AT MKUSHI Later, an Induced Polarisation (IP) survey campaign undertaken at the Mkushi Project in Zambia in 2022 highlighted multiple zones of high chargeability coincident with known copper soil anomalies. To conduct the surv
Slide 19: Castillo Copper: asset development strategy
19 Castillo Copper: asset development strategy EVALUATION AND PLANNING FOR MKUSHI TARGET ZONES With geochemical and geophysical data considered, CCZ has developed drill plans to target geochemical, geophysical & magnetic anomalies, comprising 15 RC drill holes across the 3,000m combined area of A, B
Slide 20: Commercials
03 COMMERCIALS Market Outlook and Key Operating Jurisdiction Information
Slide 21: Copper pricing captures market attention
21 Copper pricing captures market attention UPWARD TREND OBSERVED SINCE JAN, TIPPING >US$10,00/T21 Since the beginning of calendar year 2024, Copper has risen almost 17% and even briefly traded through $10,000 a tonne (USD) at the end of April. This has been attributed to indications of recovery in
Slide 22: The home of Blue-Chip players – Mt Isa
22 The home of Blue-Chip players – Mt Isa ONE OF THE WORLD’S RICHEST MINERAL-PRODUCING REGIONS North-west Queensland is home to abundant and high-grade concentrations of copper, zinc, lead and silver. Specifically, Castillo Copper’s NWQ Project is near to several historic / currently operating coppe
Slide 23: References
23 References 1. ASX Markets, Company: CCZ. Date accessed 14 May 2024 2. London Stock Exchange, Company: CCZ. Date accessed 14 May 2024. 3. Refer to CCZ ASX Announcement – 28 February 2022 4. Biggs, M. S., & Nowland, M. L. (2017). EPMA 26462 Big Oxide North Preliminary Geological Evaluation Report.
Slide 24: References
24 References 18. Refer to CCZ ASX Announcement dated 21 October 2019 19. Refer to CCZ ASX Announcement dated 11 November 2019 20. Refer to CCZ ASX Announcement dated 22 January 2020 21. Mining News, Copper touches $10,000 again as Goldman sees ‘stockout’ risk (via Bloomberg). Date accessed: 09 May
Slide 25: Contact
Contact A 45 Ventnor Avenue, West Perth P +61 8 9389 4407 F +61 8 6316 3337 Western Australia 6005 E info@castillocopper.com
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