Corazon Mining Limited · ASX:CZN

Corazon Mining — Investor Presentation (October 2013)

24 slides from Corazon Mining's investor presentation, Oct 24, 2013

1. Slide 1: Company Presentation

   For personal use only Company Presentation ASX : CZN 24 October 2013 ASX: CZN | PAGE 1

2. Slide 2: Disclaimer & Important Information

   Disclaimer & Important Information Forward Looking Statements For personal use only  This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are no guarantee of future performance and which involve certain risks. Actual r

3. Slide 3: Multiple High Impact Opportunities

   Multiple High Impact Opportunities Lynn Lake Project Top Up Rise Project For personal use only  Nickel-copper sulphide  Prospective for base & precious metals  Option to acquire 100%  Option to earn 75%  Development opportunity – located in an old mining  Very large high amplitude gravity anom

4. Slide 4: Corporate Overview

   Corporate Overview Share Price & Volume For personal use only 0.08 140 Market Cap. @ 3.1 cps A$ 11M Daily Volume Traded On-Market Daily Close Price 0.07 120 Shares on Issue1 # 401.5M 0.06 Options on Issue # 38M 100 Closing Price (A$) Million Shares 0.05 Cash 1, 2 A$ 2.1M / 3.4M* 80 0.04 52 week shar

5. Slide 5: Current Focus: Top Up Rise Project (TUR)

   Current Focus: Top Up Rise Project (TUR)  Large gravity anomaly (10km x 6km) with widespread Access Track For personal use only mineralisation confirmed by recent drilling  Prospective for base & precious metal deposits  Drilling is continuing  Potential early exploration success and discovery A

6. Slide 6: TUR – New Frontier Style Exploration

   TUR – “New Frontier Style Exploration” Remote and difficult to access For personal use only ASX: CZN | PAGE 6

7. Slide 7: TUR – New Frontier Style Exploration

   TUR – “New Frontier Style Exploration” The track into Top Up Rise For personal use only ASX: CZN | PAGE 7

8. Slide 8: TUR Project History

   TUR Project History Geophysics identify a significant gravity anomaly in the Gibson Desert For personal use only  1994-2002 AGSO identified large Outcrop Geology & Topographic Map (GSWA 1:250k) Proterozoic intrusive alteration system at Mt Webb - associated with Cu-Au systems  1995-1999 BHP lookin

9. Slide 9: Top Up Rise: Very Large Anomaly

   Top Up Rise: Very Large Anomaly Regional Geophysical Data No Previous Ground Exploration Large, Multiple Point Anomaly Meta-Sedimentary Basin Rocks For personal use only Toro Energy 2011 IOCG Discovery BHP 1997 Targets Bouguer gravity image over High density gravity image over Aeromagnetic image aer

10. Slide 10: Detailed Ground Gravity Survey

    Detailed Ground Gravity Survey Anomaly Enhanced For personal use only  2,139 gravity readings  400m x 100m & 800m x 200m grid + 2013 Gravity  Anomaly extended to 10km x 6km (plus 4 mGals residual) Stations  18 mGal variation within dataset acquired  8 mGal peak residual gravity anomaly + 2006 G

11. Slide 11: Maiden Drilling Confirms Large System

    Maiden Drilling Confirms Large System  Maiden drilling programme (RC & core) commenced May 2013 For personal use only  Targeted high density areas in search of pathfinders for an IOCG system  Revealed a vast mineralised project area (drill holes up to 5km apart)  Sulphide mineralisation discover

12. Slide 12: Geophysical Anomaly = Mineralisation

    Geophysical Anomaly = Mineralisation For personal use only Residual Boundary Tenement Boundary E80/4427 DD004 DD001 RC001 DD005 DD004 – Visible Chalcopyrite (Cu), Sphalerite (Zn) and Galena (Pb) mineralisation DD002 DD003 DD003 - Banded garnet alteration and sulphide mineralisation Residual Gravity

13. Slide 13: 1st Drill Hole Hits Mineralisation

    1st Drill Hole Hits Mineralisation  Initial discovery of copper For personal use only mineralisation was made in DD001, with chalcopyrite (copper sulphide) existing as disseminated ‘blebs’  Blebs up to 3mm in diameter Multiple blebs of chalcopyrite throughout Hornblende-Quartz Gneiss and less comm

14. Slide 14: 3rd Drill Hole Hits Massive Sulphides

    3rd Drill Hole Hits Massive Sulphides  DD002 was abandoned For personal use only Garnet Alteration + Pyrite & Chalcopyrite prior to target depth  Mineralisation was improving down-hole, strong sulphide + intense alteration  DD003 hit massive sulphides, including Massive Sulphide - Pyrrhotite + Py

15. Slide 15: 3rd Drill Hole Hits Troctolite

    3rd Drill Hole Hits Troctolite  Troctolite is a rare form of gabbro that has Micrograph For personal use only the potential to host magmatic nickel- Pentlandite copper sulphide deposits Pyrrhotite  Pentlandite – as exsolution laminae within pyrrhotite indicates magmatic nickel source Chalcopyrite

16. Slide 16: Holes + Intersect Similar Mineralisation

    Holes 4 + 5 Intersect Similar Mineralisation  Sulphide mineralisation, including For personal use only chalcopyrite (copper), sphalerite (zinc) and galena (lead) visually identified  The tenor of the mineralisation intersected is visually estimated to be similar to that announced for earlier drill

17. Slide 17: Drill Sample Geochemistry

    Drill Sample Geochemistry Strong Base Metal (Chalcophile) Element Correlation For personal use only  General low tenor of metals suggests distal to mineralising fluid sources  Robust Cu-Pb- Zn-Cd-Ag+Au metal association ASX: CZN | PAGE 17

18. Slide 18: Host Lithologies – Not Dense

    Host Lithologies – Not Dense Dominant Lithology For personal use only Quartz-Feldspathic Gneiss, Meta Plagioclase- Biotite Quartzite • Qtz: Major • Plag: Minor to major • Biot: Minor to major • Sericite: Minor to major Subordinate Lithology Hornblende-Quartz Gneiss • Qtz: Major to minor • Hbl: Minor

19. Slide 19: Host Lithologies – Not Dense

    Host Lithologies – Not Dense Gabbro - Troctolite For personal use only Plagioclase: Major Plagioclase composition = Sodic Labradorite Olivine: Major Olivine composition = MgO of 31% (hyalosiderite) Clinopyroxene: Major to Minor Clinoamphibole: Accessory Orthopyroxene: Accessory ASX: CZN | PAGE 19

20. Slide 20: Dense Feature At Depth?

    Dense Feature At Depth? Dense unit Gravity For personal use only at depth Profile Curve Top Up Rise No dense unit Modelled at depth Curve From Spaggiari et al (2008) – Geological Survey of Western Australia – Record 2008/2. Interpretation of major structures and tectonic units of the western Arunta,

21. Slide 21: Phase Drilling: Multiple Targets Identified

    Phase 2 Drilling: Multiple Targets Identified “We’ve proven the rocks have the capacity Aeromagnetic Image For personal use only to host mineralisation … they display pervasive high temperature metasomatic Residual Boundary alteration with associated copper sulphide mineralisation” Phase 2 Drilling

22. Slide 22: Active Exploration Programme

    Active Exploration Programme  Analysis of recent work programme ongoing, includes: For personal use only  geochemistry, Proposed VTEM over Topographic Map  rock + mineral petrology  reprocessing geophysics  VTEM to commence this month testing for conductive units and massive sulphides  Phase 2

23. Slide 23: Investment Rationale

    Investment Rationale  Maiden drilling programme was very successful: proved Top For personal use only Up Rise is a vast mineralised system  TUR Prospective for multiple types of mineralisation  Precious and base metal association between copper, lead, zinc, cadmium, silver and gold  Possibility

24. Slide 24: Contacts

    Contacts For personal use only Brett Smith Managing Director Corazon Mining Limited P: +61 (8) 6142 6366 James Moses Media and Investor Relations P: +61 (0) 420 991 574 E: james@mandatecorporate.com.au Corazon Mining Limited T: +61 (8) 6142 6366 A: Level 1, 350 Hay Street, Subiaco WA 6008 | P: PO Bo

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