Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (March 2023)
25 slides from Culpeo Minerals's investor presentation, Mar 2, 2023
Slide 1: Corporate Presentation
For personal use only CORPORATE PRESENTATION Lana Corina New High-Grade Outcropping Copper and Molybdenum Discovery in Chile ASX:CPO OTCQB:CPORF MARCH 2023
Slide 2: Disclaimer
Disclaimer This Presentation and any accompanying verbal Presentation (together the Presentation) has been prepared by Culpeo Minerals Limited (“Culpeo” or “the Company”) and approved by the Board of the Company. The information contained in the Presentation (Information) is a summary only and shoul
Slide 3: New Copper and Molybdenum Discovery in Chile
NEW COPPER AND MOLYBDENUM DISCOVERY IN CHILE Culpeo Minerals Ltd (ASX:CPO, OTCQB:CPORF) has discovered high-grade near For personal use only surface copper in the prospective Coastal Cordillera region of Chile. • Lana Corina – At Surface Breccia Pipes / Porphyry (Cu and Mo): • Successful Maiden Dril
Slide 4: Why Invest in Culpeo Minerals
WHY INVEST IN CULPEO MINERALS For personal use only Assets Management Location Copper Fundamentals • New Discovery of • Experienced Team • Projects located in • Limited new copper High-Grade Cu- with a clear vision Chile the worlds #1 mines to meet Mo at Lana Corina to create value. Copper Producer.
Slide 5: Peer Comparison: Re-rating Potential
PEER COMPARISON: RE-RATING POTENTIAL Selected peers with copper projects in South America and Australia For personal use only Company Project Country Project Deposit Metals Exchange Mkt Cap Stage Type (US$ MM)* Carnaby Duchess Australia Exp IOCG Cu-Au ASX 115 Atex Valeriano Chile Exp Porphyry Cu-Au
Slide 6: Electrification Fueling Copper Demand
ELECTRIFICATION FUELING COPPER DEMAND COPPER IS THE MOST NEEDED MINERAL FOR CLEAN ENERGY TECHLOLOGIES For personal use only • Copper helps reduce CO 2 emissions and lowers the amount of energy needed to produce electricity. • Renewable energy systems require up to 12x more copper compared to traditi
Slide 7: Chile
CHILE ▪ WORLD’S #1 COPPER PRODUCER 28% OF GLOBAL PRODUCTION ▪ WORLD’S LARGEST COPPER RESERVES >200 MILLION METRIC TONNES For personal use only • Chile ranks the highest for attracting investment in Latin America and being the world’s #1 producer of copper, recognises the importance of mining. • Gove
Slide 8: Lana Corina Project
LANA CORINA PROJECT NEW HIGH-GRADE OUTCROPPING COPPER AND MOLYBDENUM DISCOVERY • Historic production of approximately 1Mt of 1.5% to 2.5% Cuᵃ For personal use only • Outcropping high-grade copper bearing breccia pipes, above a copper bearing porphyry intrusive. • Successful maiden drilling program:
Slide 9: Lana Corina Project – Regional Potential
LANA CORINA PROJECT – REGIONAL POTENTIAL HIGH PRIORITY OUTCROPPING TARGETS OVER 3KM OF STRIKE For personal use only Refer: ASX announcement 16 January 2023 9 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 10: Lana Corina Project – Regional Potential
LANA CORINA PROJECT – REGIONAL POTENTIAL HIGH PRIORITY OUTCROPPING TARGETS OVER 3KM OF STRIKE For personal use only Refer: ASX announcement 16 January2023 10 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 11: Lana Corina Project – Regional Potential
LANA CORINA PROJECT – REGIONAL POTENTIAL GEOCHEMICAL SURVEY UNDERWAY For personal use only Refer: ASX announcement 7 February2023 11 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 12: Lana Corina Project
LANA CORINA PROJECT NEW HIGH-GRADE OUTCROPPING COPPER AND MOLYBDENUM DISCOVERY For personal use only NOTES Refer: ASX announcement 16 January2023 12 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 13: Lana Corina Project
LANA CORINA PROJECT HIGH-GRADE OUTCROPPING COPPER AND MOLYBDENUM MINERALISATION For personal use only NOTES Refer: ASX announcements 26 April 2022; 19 July 2022 13 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 14: Lana Corina Project – Surface Mapping
LANA CORINA PROJECT – SURFACE MAPPING OUTCROPPING TARGETS For personal use only NOTES Refer: ASX announcement 23 August 2022 14 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 15: Lana Corina Project – Phase 2 Drilling Results
For personal use only Refer: ASX announcement 16 January 2023 15 CONTINUED SUCCESS ASX:CPO OTCQB:CPORF MARCH 2023 Refer: ASX announcement 23 November 2022 LANA CORINA PROJECT – PHASE 2 DRILLING RESULTS
Slide 16: Quelon Project
QUELON PROJECT EMERGING MAJOR IOCG DISTRICT – DRILL READY ANOMALIES Located 240km north of Santiago, 40km South of Lana Corina For personal use only • • Multiple Outcropping Targets up to 3.43% Cu¹. • No previous drilling. • Emerging major IOCG District. • Pucobre’s El Espino Project 8km East - 123M
Slide 17: Las Petacas Project
LAS PETACAS PROJECT ELEPHANT COUNTRY For personal use only Las Petacas is strategically located along strike from Lundin Mining’s (TSE:LUN) Candelaria Mine (952 Mt at 0.65% copper 1). Las Petacas geological analogues to Lundin Mining’s Candelaria. • Adjacent to fault splays off the main Atacama faul
Slide 18: Roadmap to Create Shareholder Value
ROADMAP TO CREATE SHAREHOLDER VALUE KEY ACTIVITIES PROPOSED FOR 2023 For personal use only 2023 Project Q1 Q2 Q3 Q4 Lana Corina Exploration Target Ranking Geochem Sampling Phase 3 Drilling Quelon Exploration Mapping Phase 1 Drilling Phase 2 Drilling Las Petacas Exploration Drill Pad Access Drilling
Slide 19: Capital Structure and Ownership
CAPITAL STRUCTURE AND OWNERSHIP A COMPELLING INVESTMENT OPPORTUNITY C AP I T AL S T RU CT URE S H ARE HOLDERS ( C u r r e nt ) For personal use only ASX Share Price1 A$0.08 Top 20 39% Shares on Issue 71.3 million Board & 15% Options 5.8 million Management Performance Rights 5.2 million Market A$6.0
Slide 20: Experienced and Balanced Leadership Team
EXPERIENCED AND BALANCED LEADERSHIP TEAM ALL ASPECTS OF EXPLORATION, DEVELOPMENT, OPERATIONS AND CAPITAL MARKETS MAX TUESLEY GEOFF MCNAMARA MANAGING DIRECTOR NON-EXECUTIVE CHAIRMAN For personal use only Geologist >30 years’ experience in base metal/gold exploration & >30 years of international resou
Slide 21: The Race for Copper
THE RACE FOR COPPER SUPPLY GAP WILL EXCEED 15Mt BY 2035 For personal use only NOTES Source: CRU, Wood Mackenzie, 12 October 2021 21 ASX:CPO OTCQB:CPORF MARCH 2023
Slide 22: Thank You
For personal use only THANK YOU. C UL P E O MI N E RALS L T D LEVEL 48. 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6311 9160 / +61 416 097 403 info@culpeominerals.com.au max.tuesley@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au
Slide 23: Appendix – Project Earn In Schedules
APPENDIX 1 – PROJECT EARN IN SCHEDULES Lana Corina For personal use only Stage Time Cash Payment (US$) CPO Share Payment (US$) Stage Aggregate (Months from Signing) Work Commitment Acquisition Culpeo Interest Interest 1 Signing 100,000 N/A 0% 0% 2 12 150,000 Complete US$1M expenditure 20% 20% 3 24 2
Slide 24: Appendix – Competent Person's Statement
APPENDIX 2 For personal use only Competent Person’s Statement The information in this announcement that relates to Exploration Results is based on information compiled by Mr Maxwell Donald Tuesley, BSc (Hons) Economic Geology, MAusIMM (No 111470). Mr Tuesley is a member of the Australian Institute o
Slide 25: Appendix – Source of Data for Peer Comparison
APPENDIX 3 – Source of Data for Peer Comparison For personal use only Carnaby Quarterly Activities Report, Jan 30, 2023 Atex Interim Financial Statement, Feb 22, 2023 Sunstone Quarterly Activities Report, Jan 25, 2023 Cannindah Quarterly Activities Report, Jan 31, 2023 TORQ Q3 report, Sep 30, 2022 H