Caspin Resources Ltd. · ASX:CPN
Caspin Resources — Investor Presentation (September 2022)
18 slides from Caspin Resources's investor presentation, Sep 20, 2022
Slide 1: Company Presentation - New World Metals Investment Series
Company Presentation NEW WORLD METALS INVESTMENT SERIES 20, 21 September 2022 Presenter: Greg Miles, CEO CASPIN RESOURCES LIMITED www.caspin.com.au
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Corporate Overview
CORPORATE OVERVIEW Backed by strategic shareholders and well funded for exploration Volume Close $ CPN - ASX 6 Month Share Price Performance VOLUME $1.00 2,000,000 $0.90 1,800,000 $0.80 1,600,000 $0.70 1,400,000 $0.60 1,200,000 $0.50 1,000,000 $0.40 800,000 $0.30 600,000 $0.20 400,000 $0.10 200,000
Slide 4: Flying…
FLYING… Latest results set the Company up for an exciting finish to the year Yarawindah Brook New PGE discovery at the Serradella Prospect Best drilling results to date Rhodium results add even greater value Mineralisation open in multiple directions with potentially the best still to come
Slide 5: Yarawindah Brook
YARAWINDAH BROOK (CPN 80%) A breakthrough discovery in an emerging PGE-Ni-Cu belt 5
Slide 6: An Exciting Growth Story
AN EXCITING GROWTH STORY A large, strategic position in the emerging West Yilgarn PGE-Ni-Cu Province A breakthrough new PGE discovery at the Serradella Prospect with all the hallmarks of a large-scale deposit Recognition of geological and geophysical characteristics similar to the nearby Gonne
Slide 7: Serradella Discovery
SERRADELLA DISCOVERY A whirlwind 12 months • Latest results confirm a new PGE discovery • YARC0036: 17m @ 2.33g/t 4E and 0.17% Ni; including 3m @ 6.04g/t 4E and 0.17% Ni; • YARCD0025: 12.1m @ 2.07g/t 3E and 0.20% Ni; including 1m @ 6.29g/t 3E and 0.30% Ni • Discovery hole - YARC0022: 13m @ 1.0
Slide 8: High-Grade Rhodium Discovery
HIGH-GRADE RHODIUM DISCOVERY A point of difference to other PGE projects Six element PGE assaying returns high grade 4 Year Commodity Price Comparison USD/Oz (weekly) rhodium results: $30,000 YARC0036 – 17m @ 0.20g/t Rh; Including $25,000 3m @ 0.56g/t Rh Peak value of 0.69g/t Rh $20,000 Rh
Slide 9: Serradella – Lush Pastures
SERRADELLA – LUSH PASTURES Lower Serradella: an immediate focus for next round of drilling YARC0036 an obvious down-dip extension of near-surface mineralisation in historical drilling Recognising multiple mineralised horizons Drill spacing (~200m) way too coarse and potentially missing high gr
Slide 10: New Results Support Geological Model
NEW RESULTS SUPPORT GEOLOGICAL MODEL Lower Serradella: Large-scale, conceptual targeting for world-class deposits Latest results: YARCD0041 – 133m @ 0.49g/t 3E, 0.11% Ni; YARC0042 – 111m @ 0.30g/t 3E, 0.09% Ni; YARC0040 – 91m @ 0.48g/t 3E, 0.11% Ni All holes demonstrate a very thick zone o
Slide 11: A Busy Field Season Ahead
A BUSY FIELD SEASON AHEAD Fully funded, multi-rig drilling program coming up Close drill spacing at Upper Serradella– focus on high-grade zones ‘Resource-style’ drilling around YARC0036 and extending rhodium assaying Many recent holes will require extension, ‘dusters’ could still yet return si
Slide 12: A Camp-Scale Opportunity
A CAMP-SCALE OPPORTUNITY Systematically exploring a new mineral province Minimal historical exploration for magmatic Ni-Cu-PGE systems Project-wide AEM and gravity coverage provides excellent first-pass dataset for mapping magmatic intrusions and discovery of massive sulphide Progressively add
Slide 13: Mount Squires Project
MOUNT SQUIRES PROJECT (CPN 100%) Large scale greenfield gold and base metal Project 13
Slide 14: Exploration at Mount Squires Project in 2022
EXPLORATION AT MOUNT SQUIRES PROJECT IN 2022 LARGE SCALE GREENFIELD Au-Cu PROJECT • Large ~750km2 landholding with proven gold mineralisation • Significant historical drill results include: 20m @ 1.27g/t Au from 23m, including 7m @ 2.54g/t Au 15m @ 2.30g/t Au from 31m, including 9m @ 3.25g/t Au
Slide 15: Outcropping Gold and Silver at Duchess
OUTCROPPING GOLD AND SILVER AT DUCHESS Supported by anomalous ‘bottom of hole’ aircore results Small outcrop with quartz veining running >2g/t Au and ~50g/t Ag – but most of the area is obscured by transported cover Bottom of hole samples also anomalous in Au & Ag Similarly anomalous Mo and Cu
Slide 16: Duchess Prospect – A Large-Scale System
DUCHESS PROSPECT – A LARGE-SCALE SYSTEM Excellent start with more results and work to follow Soil anomaly now supported by basement results Au-Ag-Cu-Mo anomalism over at least 7km Open all the way to Handpump Prospect, under cover, 2km north Current broad spaced drilling (400m x 200m) to be
Slide 17: An Exciting Time for Shareholders
AN EXCITING TIME FOR SHAREHOLDERS • A brilliant drill result from Serradella Confirmed PGE discovery with large scale potential More assay results to come • Excellent early results at the Duchess Prospect • Strong cash balance • Large drilling program across two projects NEXT 6 MONTHS (Indicativ
Slide 18: Caspin Resources Limited ASX: CPN
Caspin Resources Limited Ground Floor, 675 Murray Street West Perth, Western Australia 6005 T: +61 8 6373 2000 E: admin@caspin.com.au W: www.caspin.com.au ASX: CPN 18
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