Castle Minerals Ltd · ASX:CDT
Castle Minerals — 2014 Gold Coast Investment Showcase
25 slides from Castle Minerals's conference presentation, Dec 2, 2014
Slide 1: Castle Minerals Limited Investor Presentation
For personal use only Castle Minerals Limited Investor Presentation | 2014 Gold Coast Investment Showcase
Slide 2: Status
Status For personal use only ~11,000km2 under licence in Ghana – exploring since 2007 Six greenfield gold discoveries for a resource base of 362,000 ounces Two graphite discoveries including a ‐ resource of 14.4mt @ 7.2% C (graphitic carbon) for 1.03mt contained graphite Owner/operator drill rig tha
Slide 3: Ghana Projects
For personal use only Ghana Projects
Slide 4: 2014 Highlights
For personal use only 2014 Highlights 1,292 exploration drill holes completed for 33,404 metres, comprising 30 RC holes for 3,543 metres 1,262 RAB holes completed for 29,861m using Castle own rig An Inferred Mineral Resource of 107,200 ozs was been estimated for Kpali Total gold inventory
Slide 5: Maiden Gold Resource for Kpali
For personal use only Maiden Gold Resource for Kpali Discovered in 2013, Kpali is the sixth gold resource defined by Castle Mineralisation starts a few metres below the surface and it is expected that with further drilling the resource will be materially increased The deposit remains open and
Slide 6: Kpali - increasing grade and the strongest mineralisation at depth
Kpali ‐ increasing grade and the strongest mineralisation at depth For personal use only
Slide 7: Kpali Resource – open at depth
Kpali Resource – open at depth For personal use only
Slide 8: Kpali East Gold Anomaly Defined
For personal use only Kpali East Gold Anomaly Defined
Slide 9: High Grade Primary Gold Intersected at Bundi
For personal use only High Grade Primary Gold Intersected at Bundi Bundi is a high grade gold and zinc prospect defined over 1100m strike that provides significant potential for a gold resource to be defined RC holes completed in January 2014 intersected a high grade gold surface with assays up
Slide 10: Bundi: high grade gold surface is open along strike and at depth
For personal use only Bundi: high grade gold surface is open along strike and at depth
Slide 11: 29,861m of low cost drilling in 2013/14
29,861m of low cost drilling in 2013/14. For personal use only
Slide 12: 2015 Field Season – Proposed Exploration
For personal use only 2015 Field Season – Proposed Exploration > 20 gold targets planned for drill testing including 20,000 m RAB & RC drilling planned Top ranked targets include Kpali open ended RC intercepts of 28m @ 2.26 g/t, 14m @ 2.29 g/t and 15m @ 2.08g/t gold Bundi, Baayiri, Degbiwu a
Slide 13: West Africa Remains Highly Prospective
For personal use only West Africa Remains Highly Prospective West African geology remains highly prospective Recent discoveries include Orbis Gold (Burkina Faso) Natougou 1.8 Moz B2Gold (Mali) Fekola 3.9 Moz Asanko Gold (Ghana) Asanko 7.9 Moz Randgold (Mali ) Gounkoto 4.0 Moz Sarama (B
Slide 14: Wa Project Remains Highly Prospective
Wa Project Remains Highly Prospective For personal use only Identifying key prospects and regional structures. Creating a new geological map Establishing a variety of models and geochemical signatures Historic data constantly reviewed and targets re‐assessed and re‐ranked Lesser ranked geoch
Slide 15: Gold Resources – Wa Project
Gold Resources – Wa Project For personal use only
Slide 16: Gold Resources – Julie West
For personal use only Gold Resources – Julie West Julie West 415,000t @ 4.2 g/t gold ‐ High grade outcropping vein style gold mineralisation
Slide 17: Gold Resources – Danyawu
Gold Resources – Danyawu For personal use only Danyawu 72,200t @ 5.5g/t gold High grade vein style gold mineralisation ‐ near surface deposit with excellent open pit potential
Slide 18: Gold Resources – Kandia
For personal use only Gold Resources – Kandia 2.8mt @ 1.0g/t gold for 92,700 Ozs
Slide 19: Gold Resources – Kpali
Gold Resources – Kpali For personal use only 2.9mt @ 1.1g/t gold for 107,200 ounces
Slide 20: Gold Resources – Akoko
Gold Resources – Akoko For personal use only Akoko north & south deposits ‐ 1.5mt @ 1.9g/t gold for 92,800 Ozs Shallow, low strip, free milling oxide resource
Slide 21: 2015 Objectives
For personal use only 2015 Objectives Deep RC drill test of Bundi and Kpali Complete minimum 20,000m low cost RAB drilling using Castle’s own rig Continue to build geological knowledge Rationalise landholding and possible partnering arrangement Monetise non core projects
Slide 22: Corporate Summary
For personal use only Corporate Summary Directors & Management Michael Ashforth Non‐Exec Chairman Campbell Ansell Non‐Exec Director Mike Ivey Managing Director Des Kelly Company Secretary Paul Amoako Atta In Country Director (Gh) Ed Mills Exploration Supervisor (Gh) Top 20 hold 76% Corporate Issued
Slide 23: Disclaimer and Competent Person Statement
For personal use only Disclaimer and Competent Person Statement This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any
Slide 24: Mineral Resource Estimates for the Wa and Akoko Gold Projects
For personal use only Mineral Resource Estimates for the Wa and Akoko Gold Projects Wa Project Indicated Inferred Total Tonnes Au Au Tonnes Au Au Tonnes Au Au Lower t g/t Ounces t g/t Ounces t g/t Ounces Cutoff Julie West 383,000 4.2 52,100 32,000 4.0 4,100 415,000 4.2 56,200 1.0 Danyawu 72,000 5.5
Slide 25: Thank You
For personal use only Thank You Investor Presentation | 2014 Gold Coast Investment Showcase
Castle Minerals — 2014 Gold Coast Investment Showcase on 6ix