Carnavale Resources Limited · ASX:CAV
Carnavale Resources — Investor Presentation (July 2019)
19 slides from Carnavale Resources's investor presentation, Jul 9, 2019
Slide 1: Carnavale Resources: Technology Metal Focus
For personal use only Carnavale Resources Te c h n o l o g y M e t a l F o c u s July 2019
Slide 2: Explorer with Technology Metal Focus
Carnavale Resources For personal use only Carnavale Resources E x p l o r e r w i t h Te c h n o l o g y M e t a l F o c u s • Increasing demand for batteries, electric motors and electronics • Decreasing supply of tech metals and higher rates of consumption • Carnavale Resources aims to help fill t
Slide 3: Overview, Board and Corporate
Carnavale Resources Carnavale Resources For personal use only Overview Board Explorer with the goal to discover new and high impact Chairman ‐ Ron Gajewski mineral deposits with a focus on technology metals. Mr. Gajewski is an accountant by profession, with many years of experience as a director of
Slide 4: Electric Revolution: Point of Inflection
Carnavale Resources Electric Revolution For personal use only Point of Inflection Electric Vehicle (EV) Grid Scale Battery Storage Demand increasing and rapidly evolving Hornsdale Power Reserve 100MW ASX:CAV 4
Slide 5: Technology Metal Importance
Carnavale Resources Metal Demand For personal use only Te c h n o l o g y M e t a l I m p o r t a n c e • Rio Tinto Limited recently presented a chart of “Metals most positively impacted by new technology” from Massachusetts Institute of Technology (MIT) data. • Tin ranked 1st • Cobalt and Nickel ra
Slide 6: Sn Supply & Demand
Carnavale Resources Sn Supply & Demand For personal use only Electronics Demand increasing – 47% primary use is in solder Supply – Lack of new mines, older underground operations Production 362ktpa Source: International Tin Association ASX:CAV 6
Slide 7: Ni-Co Supply & Demand
Carnavale Resources Ni – Co Supply & Demand For personal use only Demand Increases Driven by EV Revolution Supply risks and Sulphide Ni preferred but harder to find Demand driven by batteries and stainless steel consumption Production 110ktpa (2017)* Source: *USGS Mineral Commodity Summary, 2017 Pro
Slide 8: Kikagati Tin Project, Uganda
Carnavale Resources Kikagati Tin Project, Uganda For personal use only Carnavale Resources proceeding to acquire 51% and rights to go to 70% • 2 x large scale targets with outcropping tin mineralisation “Tier 1” potential scale! Kikagati Hill ‐ Stacked quartz veins, visible cassiterite, over 3km
Slide 9: Kikagati Tin Project, Uganda: History
Carnavale Resources Kikagati Tin Project, Uganda For personal use only 1925 1940’s 1950’s 1960’s 2009 2014 2014 2019 Tin first discovered and mining British owned mining occurred Russian owned exploration Private Company African Panther in the Kikagati region. at Kikagati Hill from mostly undertaken
Slide 10: Kikagati Hill: Tier 1 potential
Carnavale Resources Kikagati Tin Project, Uganda For personal use only Kikagati Hill ‐ “Tier 1” potential 1925 1940’s 1950’s • 3km long x 100m wide host unit x 900m down dip1960’s 2009 2014 2014 2019 potential • Extensive current artisanal workings and past mining • 10 diamond holes drilled by CAV 2
Slide 11: Hippo Hill: Second large scale target
Carnavale Resources Kikagati Tin Project, Uganda For personal use only Hippo Hill ‐ Second large scale target 1925 1940’s 1950’s 1960’s 2009 2014 2014 2019 • 1.5km long x 150m wide anomalous corridor • 3 diamond holes drilled by CAV 2019 • Quartz vein stockwork with visible cassiterite (<1%)* • Tren
Slide 12: Grey Dam Project Ni-Co, Australia
Carnavale Resources Grey Dam Project Ni-Co, Australia For personal use only 100% Carnavale Resources and Option to acquire 80% of adjoining tenement Targeting Ni‐Co‐Cu sulphide and Au mineralisation in fresh basement rock >10km strike length of untested prospective mafic/ultramafic sequence. Encoura
Slide 13: Grey Dam Project Ni-Co: Resource
Carnavale Resources Grey Dam Project Ni-Co, Australia For personal use only Resource Shallow flat lying laterite Ni‐Co resource defined • 71% Indicated, 29% Inferred • 1.3km x 1.0km x 20‐40m thick • Mineralisation from surface Ni domain • Internal high grade Co blanket averaging 0.12% Co. Total Mine
Slide 14: Opportunity - Entitlement Issue
Carnavale Resources Opportunity - Entitlement Issue For personal use only Non‐renounceable Entitlement Issue of 1 share for every 1 share held @ issue price of $0.003, with 1 free option for every 2 shares issue d (Exp 30/9/2020, ex price $0.007) to raise $2.228M Current shares on issue 743M Entitle
Slide 15: Rights Issue: Use of Funds
Carnavale Resources Rights Issue For personal use only Funds to be used for exploration and working capital Use of Funds 1925 1940’s 1950’s Kikagati – advance resource drilling and metallurgy1960’s 2009 2014 2014 2019 • Finalise all outstanding assay results • RC drilling to define initial JORC 2012
Slide 16: Competent Persons Statements
Statements Carnavale Resources For personal use only Competent Persons Statements The information in this report that relates to Exploration Results for the Grey Dam Project and Kikagati Tin Project is based on, and fairly represents information and supporting documentation compiled by Mr Andrew Bec
Slide 17: Notices
Notices Carnavale Resources For personal use only Nature of Document. This presentation has been prepared and issued by Carnavale Resources (Company) to provide general information about the Company and information about a proposed transaction. The information in this document is in summary form and
Slide 18: Notices: International offer restrictions
Notices Carnavale Resources For personal use only International offer restrictions. This presentation does not constitute an invitation or offer of securities for subscription, purchase or sale in the United States or any other jurisdiction in which such an offer would be illegal. The securities ref
Slide 19: Thank You
Carnavale Resources For personal use only Level 2, Suite 9 389 Oxford Street Mount Hawthorn WA 6016 Thank You. Andy Beckwith www.carnavaleresources.com +61 89380 9098 admin@carnavaleresources.com 19
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