Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Noosa Mining Investor Conference November 2024
20 slides from Culpeo Minerals's conference presentation, Nov 12, 2024
Slide 1: Lana Corina: A New Discovery in the Land of the Copper Giants
For personal use only LANA CORINA VISTA MONTANA L ANA CORINA A NEW DISCOVERY IN THE L AND OF THE COPPER GIANTS ASX:CPO | OTCQB:CPORF NOVEMBER 2024 SILICA CAP
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 should be
Slide 3: Investment Highlights
QUALITY COPPER PORTFOLIO WITH NEW TWO QUALITY PROJECTS ON LANA CORINA DISCOVERY THE INFRASTRUCTURE LADEN CHILEAN COASTAL BELT LOCATED IN THE PREMIER COPPER PRODUCING For personal use only REGION GLOBALLY PERU DYNAMIC AND SYSTEMATIC BOLIVIA ADVANCEMENT TO UNLOCK FULL POTENTIAL CHILE Antofagasta PROVE
Slide 4: Chilean Copper Mining: Home to the World's Copper Giants
For personal use only CHILEAN COPPER MINING Stage of development: HOME TO THE Lana Corina and Fortuna WORLD’S Metallogenic belt: COPPER GIANTS CULPEO MINERALS ASX:CPO | OTCQB:CPORF INVESTOR PRESENTATION 4
Slide 5: Strategically Positioned
Strategically Positioned Premier copper producing region globally • Quality copper portfolio with new Lana For personal use only Corina discovery, multiple drill ready targets and development options. • Targeting high-grade copper, critical for the energy transition. • Strategically positioned at lo
Slide 6: Lana Corina Project: New high-grade outcropping copper discovery
1. Lana Corina Project New high-grade outcropping copper discovery Exceptional high-grade drill intercepts: For personal use only • 454m @ 0.93% CuEq from 90m (CMLCD014)9 incl; • 78m @ 1.24% CuEq from 200m10; and • 68m @ 1.14% CuEq from 320m 10; and • 40m @ 1.20% CuEq from 394m. • 257m @ 1.10% CuEq
Slide 7: Regional potential with outcropping copper >3km of strike potential
1. Lana Corina Project Regional potential with outcropping copper >3km of strike potential For personal use only Plan view showing Lana Corina detailed surface geology map and the high priority targets 1. Plan view of high-resolution ground magnetic data (high-pass filtered TMIRTP), showing the posi
Slide 8: Lana Corina Project Drill hole CMLCD014
1. Lana Corina Project Drill hole CMLCD014 Very large potentially linked system High-grade Cu zone 454m at 0.93% CuEq (90m - 544m) Lana Corina High-grade Mo zones Vista Montana 46m at 1,638 ppm Mo (498m – 544m) For personal use only Outcropping breccia 30m at 613 ppm Mo (580m – 610m) Surface copper
Slide 9: Fortuna Project: Outcropping copper targets 10km north of Lana Corina
2. Fortuna Project Outcropping copper targets 10km north of the Lana Corina discovery • Culpeo concession area at Fortuna covers 4,025 hectares. For personal use only • Confirmed mineralised trend of >6km. • Nine high priority outcropping targets: – Vaca Muerta; – Piedra Dura; – La Florida; – El Qui
Slide 10: Fortuna Project: El Quillay target >3km of strike
2. Fortuna Project El Quillay target >3km of strike Maiden drill hole intersected: For personal use only • 26m @ 0.81% CuEq: • including 4m @ 1.87% CuEq1. • Induced polarisation (IP) anomaly identified a 500m x 300m target <100m below surface. Phase 1 Trenching Program included13: • 46m at 0.90% CuE
Slide 11: El Quillay West geophysical target
2. Fortuna Project El Quillay West geophysical target For personal use only • Significant new El Quillay West targets generated through geophysical data1. • Potential additional zone of mineralisation 500m southwest. • IP chargeability anomaly, indicative of copper mineralisation. • Large footprint
Slide 12: Porphyry copper and gold system identified at La Florida Prospect
2. Fortuna Project Porphyry copper and gold system identified at La Florida Prospect • Large (1.7km x 0.5km footprint) copper-gold porphyry system delineated at La Florida Prospect. For personal use only • Results from surface sampling returned grades up to 3.96% Cu and 2.61g/t Au1. • Mineralisation
Slide 13: Active Exploration and Strong News Flow in 2024
Active Exploration and Strong News Flow in 2024 Lana Corina drilling program in progress Project Activity Q3-24 Q4-24 Q1-25 Q2-25 For personal use only Cu Au Mo Fortuna Mapping and Litho-Geochem at La Florida ■ Cu Au Mo Fortuna Trenching El Quillay South ■ ■ Cu Mo Lana Corina Mapping, Trenching and
Slide 14: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price1 A$0.024 15% TIGHT REGISTER WITH Shares on issue2 214.6M SUPPORTIVE EXPLORATION- 39% FOCUSED SHAREHOLDER BASE Listed options2 13.9M Board a
Slide 15: Board and senior management
Board and senior management Successful track record of discovery, project development and value creation For personal use only Geoff Zeffron Paul Sergio McNamara Reeves Schmiede Uribe Executive Non-Executive Non-Executive Chilean Country Chair Director Director Manager • Over 30 years’ of internatio
Slide 16: Investment Highlights
QUALITY COPPER PORTFOLIO WITH NEW HIGH-GRADE LANA CORINA DISCOVERY For personal use only LOCATED IN CHILE HOME OF THE COPPER GIANTS INVESTMENT HIGHLIGHTS DYNAMIC AND SYSTEMATIC ADVANCEMENT TO UNLOCK POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY PROVEN TEAM TO DELIVER FUTURE RAPID ASSET DEV
Slide 17: Appendices
For personal use only APPENDICES
Slide 18: Copper equivalent calculations and Competent Persons' Statements
Appendix 1 Copper equivalent (CuEq) value calculations • Assumed commodity prices: Cu US$3.00/lb, Au US$1,700/oz, Mo US$14/lb and Ag US$20/oz. • Recoveries are assumed from similar deposits: Cu = 85%, Au = 65%, Ag = 65%, Mo = 80%. For personal use only • CuEq (%) calculated using the following formu
Slide 19: Earn In schedules
Appendix 3 Earn In schedules Lana Time Stage acquisition Aggregate Culpeo For personal use only Cash payment CPO share payment Work commitment Corina (months from signing) interest interest 1 Signing US$100,000 N/A 0% 0% 2 12 US$150,000 Complete US$1M expenditure 20% 20% 3 24 US$250,000 Complete US$
Slide 20: Contact
For personal use only C O N TAC T LEVEL 39, 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6383 7894 info@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au
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