Cgn Resources Ltd. · ASX:CGR
Cgn Resources — Investor Presentation (November 2023)
17 slides from Cgn Resources's investor presentation, Nov 1, 2023
Slide 1: A New Frontier in Copper, Nickel & Critical Metals Exploration
For personal use only A New Frontier in Copper, Nickel & Critical Metals Exploration West Arunta Region, Western Australia Investor Presentation November 2023 ASX: CGR
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials have been prepared by the CGN Resources Limited (Company) as at 29 October 2023 and statements are current only as at that date. Information in the Presentatio
Slide 3: Investment Highlights
Investment Highlights Targeting a major discovery in Australia’s new exploration frontier – West Arunta Region, Western Australia Large strategic land holding neighboring Location ASX: WA1 (mkt cap: $425m), ASX: ENR (mkt For personal use only cap: $115m) and ASX: RIO – Tali Resources JV. $6m+ in his
Slide 4: Corporate
Corporate Experienced management to drive shareholder value creation through high-impact exploration Capital Structure Shareholders Directors and Key Personnel (Top 20 Hold 42%) For personal use only Shares on Issue 110.2m Darryl Harris Mark Allen Non-Executive Chairman IOCG Consultant 6% Primary an
Slide 5: Great Address, Great Neighbours
Great Address Great neighbours $8.00 For personal use only Luni: 31m @ 4.6% $7.00 Nb2O5 Luni: 10m @ 8.0% Nb2O5 Source: Mining Journal, 2021. $6.00 $5.00 $4.00 Luni: 13m @ 5.0% Nb2O5 $3.00 Luni discovery: 4m @ 2.88% Nb2O5 Source: ASX: ENR announcement, 25 July 2023. $2.00 Pachpadra: 54m @ 0.62% Nb2O5
Slide 6: Early Mover
Early Mover Positioned with purpose and conviction “The West Arunta is the last great unexplored frontier in Australia and is ripe for discovery. By deploying modern and disciplined exploration CGN aims to unlock the West Arunta as Australia’s next major exploration hot spot for copper, nickel and s
Slide 7: One of Australia's Last Unexplored Copper Provinces?
One of Australia’s Last Unexplored Copper Provinces? Why the West Arunta Known IOCG-style mineralisation For personal use only • Triple-point junction district • Structures related to IOCG mineralisation interpreted to be the same as those that emplaced kimberlite pipes • Large magmatic systems pres
Slide 8: Six Priority Targets - Summary
Six Priority Targets - Summary Targeting a major discovery Tantor (IOCG) • 2 km x 1km coincident gravity and magnetic anomalies For personal use only adjacent to major structure Surus (IOCG) • 3 km x 2km gravity anomaly up against crustal scale structure Shep (Ni) • Sill-like magnetic anomaly with h
Slide 9: Priority Targets: High-Impact Exploration
For personal use only PRIORITY TARGETS High-Impact Exploration
Slide 10: Tantor IOCG target
Tantor IOCG target Drilling commenced in October 2023 For personal use only Coincident geophysical anomalies ✓ Gravity high o 2km x 1km o Target depth of 200-600m ✓ Magnetic high ✓ Adjacent to major crustal-scale structure Interpreted intrusion with characteristics consistent with IOCG model Anomaly
Slide 11: Surus IOCG target
Surus IOCG target Drilling expected to commence in November 2023 For personal use only Geophysical anomalies Figure 9: Surus Falcon airborne gravity ✓ Regionally significant gravity feature gradiometer (AGG) cross-section. o 3 km x 2km o Target depth of 200-600m ✓ Adjacent to major crustal-scale str
Slide 12: Shep Ni target
Shep Ni target For personal use only Drilling assayed 2m @ 1.15% Ni from 66m (DH KJ193, figure 12) from partial sampling Interpreted sill feature ✓ Regionally significant magnetic feature 4km x 2km ✓ Highly anomalous results in drilling ✓ Adjacent to major crustal-scale structure Future drilling to
Slide 13: Hathi REE target
Hathi REE target WA1 Resources’ Nb + REE discovery in adjacent For personal use only tenure to the NW. Hathi magnetic anomaly (Figure 12) comparable to Luni and Crean and Hoschke anomalies. W14RC045 targeting kimberlites: • 37m zone @ 0.38% TREO (0.71% TREO from 93- 94m) • Adjacent to a large coinci
Slide 14: Snorky & Horton IOCG targets
Snorky & Horton IOCG targets Both targets are discrete dense gravity anomalies. For personal use only Adjacent to elevated Cu + Co in surrounding drillholes targeting kimberlites. Occur on major NE-SW structural corridor. Within the regional Cu geochemistry anomaly. Modelled depth: • Snorky (GRAV_G)
Slide 15: Activities: Maiden IOCG drilling coinciding with listing
Activities Maiden IOCG drilling coinciding with listing Tantor For personal use only drilling commenced Interpretation Geophysics programs Diamond and 2024 field (IP, gravity, drilling season 2024 heritage EM) commences planning clearance survey 2023 2024 OCT NOV DEC JAN FEB MAR APR MAY JUN JUL SEP
Slide 16: Investment Summary
Investment Summary High-impact exploration 948 km2 position in the West Arunta, abutted by WA1 Resources in the north and Tali Resources /Rio Location Tinto to the east. Luni and Crean & Hoschke discoveries support a large magmatic hydrothermal system. For personal use only A$6m + expenditure in pre
Slide 17: Contact
For personal use only CONTACT Stan Wholley, MD & CEO: +61 (8) 421 109 664 Suite 4, 6 Richardson Street, West Perth WA 6006 www.cgnresources.com.au info@cgnresources.com.au
CGN Resources — Investor Presentation (November 2023) on 6ix