Cavalier Resources Limited · ASX:CVR
Cavalier Resources — MNN Select Sydney (March 2024)
23 slides from Cavalier Resources's conference presentation, Mar 18, 2024
Slide 1: Charging Towards Success
CHARGING TOWARDS ASX:CVR SUCCESS MNN Select Sydney Presentation March 2024
Slide 2: Disclaimer
Disclaimer The purpose of this presentation is to provide general information about Cavalier Resources Limited (ACN 635 842 143) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as of the date of this presen
Slide 3: Do Unicorns Exist?
Do Unicorns Exist? Cavalier Resources listed 15 June 2022 with the simple, yet not necessarily easy to achieve, corporate vision of becoming a self funded exploration company. The challenge: to continue to advance what was a privately owned near-term gold mine 20km east of Leonora towards production
Slide 4: Cavalier's Project Overview
Cavalier’s Project Overview Three project areas in the prolific gold, lithium and nickel fields of Western Australia ranging from near term mining, and near resource exploration, through to early-stage greenfields exploration. Leonora Projects Ella’s Rock Hidden Jewel Project Near Term Gold Mine Dev
Slide 5: Why Invest?
Why Invest? Cavalier Resources Ltd (“Cavalier”) provides investors with the opportunity to invest in a portfolio of proven assets and exploration tenements within proximity to top-tier assets and sheer zones in WA, with the added benefit of significant near-term cash flow potential ROBUST POTENTIAL
Slide 6: Project Timeline
Project Timeline A further 2 years of intensive exploration and development activities: Progressing the Crawford Gold Project to a mining phase while developing our lithium, nickel and gold exploration targets at Ella’s Rock, Maleta Creek and Hidden Jewel respectively. Crawford: Completion of PFS/Or
Slide 7: Corporate
Corporate Targeted expenditure to maximise investor return
Slide 8: Corporate - Board and Management
Corporate - Board and Management Chartered Accountant with over 30 years' experience in Co-founder and MD of Auralia Mining Consulting the areas of financial and executive management, Highly technically proficient mining engineer with over 20 years' accounting, audit, business and corporate ad
Slide 9: Corporate Information
Corporate Information Capital Structure (AUD) Six Month Share Price History Price (afterhours 15 March 2024) $0.18 300,000 $0.20 12 Month Hi-Low $0.095 - $0.200 250,000 $0.18 Shares Outstanding 43.4m Share Price ( AUD) 200,000 $0.16 Market Cap $7.81m 150,000 $0.14 Volume Cash (at 31 December 2023) $
Slide 10: Leonora Projects
Leonora Projects Advancing towards gold mining at Crawford Highlights: 117.8koz Mineral Resource 29.3koz Ore Reserve (Oxidised material Stage 1) Outstanding heap leach extractions – process onsite
Slide 11: Leonora Projects Prolific gold and nickel region with ongoing M&A
Leonora Projects Prolific gold and nickel region with ongoing M&A Crawford Gold Project 117.8koz mine-advanced JORC Mineral Resource with the ability to heap leach PFS complete – Stage 1 oxidised open pit Maiden Ore Reserve of 29.3koz Maleta Creek Numerous nickel sulphide, lateritic nickel and
Slide 12: Crawford Gold Project
Crawford Gold Project Advancing towards mining in 2024 Infill grade control drilling over Stage 1 Updated 2023 JORC MRE Environmental surveys Metallurgical heap leach tests peaked at 92.5% recovery All access agreements complete Miscellaneous licence application for main road access Ge
Slide 13: Crawford Gold Project
Crawford Gold Project High returns, short payback, plenty of upside: AISC of A$1,777/oz is well below the average AUS/NZ AISC of A$1,953/oz Minimal pre-production CAPEX of A$5.6M At A$2,900/oz GP – IRR of 130% and LOM cashflow of A$18.2M (inc. CAPEX) At A$3,300/oz GP – IRR of 208% and LOM ca
Slide 14: Ella's Rock Project
Ella’s Rock Project 277 Untested Lithium Targets Highlights: World Class Lithium Corridor lying between Wesfarmers’ Mt Holland and Allkem’s Mt Cattlin Lithium Projects Three significant lithium anomalies covering a combined 350ha
Slide 15: Ella's Rock Project
Ella’s Rock Project Untested Lithium, Nickel and Gold Targets in a World Class Location Ella’s Rock lies 50km to the southeast of the Earl Grey (Mt Holland) high-grade lithium project, a joint venture between Wesfarmers and SQM, planned to produce 50,000t of lithium hydroxide per year from 2024
Slide 16: Ella's Rock Project
Ella’s Rock Project 12km corridor, three main lithium targets UltraMag carried out just 2.2-line kilometres of initial DGPR surveys to test portions of the Fitzgerald and Baché LCT associated geochemical target areas There is exceptional correlation between the existing anomalous soil geochemist
Slide 17: Hidden Jewel Project
Hidden Jewel Project Targeting the Golden Cities Granodiorite Highlights: Located within the Golden Cities Granodiorite 20km north of the Paddington Gold processing plant Multiple untested targets 10km north of Golden Cities
Slide 18: Hidden Jewel Gold Project
Hidden Jewel Gold Project Multiple Walk Up Targets Untested By Drilling The Hidden Jewel Gold Project is located north of the Norton Goldfields’ 5.0Mtpa Paddington Mill within the Golden Cities region Mining from the nearby Golden Cities-Federal Deposits has sporadically operated from 1998-2010,
Slide 19: Appendix - Crawford MRE and Ore Reserve Tables
Appendix - Crawford MRE and Ore Reserve Tables Mineral Resource Cut-off Oxide Transitional Fresh Classification Grade (g/t) Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Indicated 0.5 703,000 1.1 23,700 428,000 0.9 12,900 24,000 0.8 600 1.0 284,000 1.5 13,600 124,000 1.5 5,900 4,000 1.
Slide 20: Appendix - Competent Persons Statements
Appendix - Competent Persons Statements The scientific or technical information in this report that relates to metallurgical test work and mineral processing for oxide mineralisation is based on information compiled or approved by Randall Pyper. Randall Pyper is an employee of Kappes, Cassiday & Ass
Slide 21: Appendix - Gambier Lass North - Gold in Quartz Lodes
Appendix - Gambier Lass North - Gold in Quartz Lodes Located to the north of Crawford mainly within sediments of the Pig Well graben. Previous exploration has focussed on gold mineralisation, although some work has targeted Teutonic Bore style base metal mineralisation. Recent drilling has delineate
Slide 22: Appendix - Pleasant Surprise - Potential Paleo Sands
Appendix - Pleasant Surprise – Potential Paleo Sands Situated in the prolific gold area between the Paddington and Mt Pleasant gold mining centres North east of known paleochannel trend which has historically mined over 50koz of gold at the Rose Dam Gold Project Untested for paleochannel poten
Slide 23: Thank You
Thank You For more information contact cavalierresources.com. au Daniel Tuffin Executive Technical Director, Interim CEO daniel@cavalierresources.com.au