Coppernico Metals Inc. · TSX:COPR
Coppernico Metals — Investor Presentation (March 2024)
40 slides from Coppernico Metals's investor presentation, Mar 13, 2024
Slide 1: Dedicated to Discovery
DEDICATED TO DISCOVERY. Strategic | Disciplined | Responsible | Committed Corporate Presentation | March 2024
Slide 2: Cautionary Notes
Cautionary Notes This document has been prepared by Coppernico Metals Inc. (the “Company”) to showcase the Company’s mineral exploration projects. Because it is a high-level summary presentation, the information contained herein cannot contain all the information that should be reviewed before makin
Slide 3: Track Record of Monetizing Exploration Success
Track Record of Monetizing Exploration Success KEEGAN RESOURCES CAYDEN RESOURCES 2008 – 2010 (now Galiano Gold) May 2013 – September 2014 PRODUCING TAKEOVER Discovery of over five million 100 discovery holes led to Agnico Eagle ounces with favorable market Mines takeover in 2014 (sold for C$205M) co
Slide 4: Coppernico was Spun Out of Auryn
Coppernico was Spun Out of Auryn Auryn shareholders received: Fury: 0.67 shares / Auryn share Tier One: 1 share / Auryn share 1 TSX: FURY Sombrero: 1 share / Auryn share Fury was = 1 share became 2.67 shares Gold Focused formed in October 2020 following Auryn's reorganization and Spin out TSX-V: TSL
Slide 5: Our Vision
Our Vision Become a top-tier discoverer of high-quality copper focused assets. To extend a world-class mining trend through disciplined innovative proven exploration concepts. We are aligned with the communities in which we operate, their future and the environment. Coppernico differentiates itself
Slide 6: Achieving Key Milestones
Achieving Key Milestones Recent Milestones 90-Day Outlook ✓ Completed a social access • Completion of final drill agreement, valid for 3 years permits – March November 27, 2023 • Fund drilling – March ✓ Appointed Keenan Jennings, former VP Metals Exploration • List Coppernico on a recognized stock e
Slide 7: Committed Team of Experienced Professionals
Committed Team of Experienced Professionals MANAGEMENT Ivan Bebek Stacy Rowa CPA, CA Co-Founder, Chair & CEO CFO • >24 years’ experience in financing exploration, foreign • >18 years’ experience in accounting, auditing and negotiations and M&A corporate finance • Formerly President, CEO & Co-founder
Slide 8: Experienced South American Exploration Team
Experienced South American Exploration Team Tim Kingsley M.Sc., CP.Geo Antonio Arribas PhD VP, Exploration Independent Director • >19 years’ experience in precious and base • >37 years’ experience as a world-renowned metal exploration and project development gold, copper and silver deposit specialis
Slide 9: Copper Demand Outlook Has Never Been Stronger
Copper Demand Outlook Has Never Been Stronger "Copper demand is expected to more than double from 25 million metric tons (“Mmt”) in 2021 to 53Mmt in 2050 according to an S&P Global report." Source: The Future of Copper: Will the looming supply gap short-circuit the energy transition – S&P Global, Ju
Slide 10: Pursuing High-Quality Large-Scale Discoveries in Peru
Pursuing High-Quality Large-Scale Discoveries in Peru Our goal is to extend the world-class copper- gold skarn and porphyry Andahuaylas-Yauri mining belt through discoveries. Prioritizing safety, community and the environment at all times. COPPERNICO METALS / 10
Slide 11: Initial drill targets analogous to Las Bambas Mine
Initial drill targets analogous to Las Bambas Mine Sombrero project is a “Glencore reaps US$7B direct comparison to Las from Las Bambas sale Bambas mine based on: Annual production capacity (tonnes) to China's MMG – • Scale US$5.85B plus money • Rock type spent.” WORLD'S LARGEST COPPER MINES • Miner
Slide 12: Collaborating with Communities for over 7 Years
Collaborating with Communities for over 7 Years Genuine partnerships with local communities Peruvian community team has extensive background and experience in collaborating with local communities in the central southern part of Peru One technical One full Quechua Social field leader, Jose specialist
Slide 13: Implementing Sustainable Positive Benefits
Implementing Sustainable Positive Benefits Coppernico is sponsoring applications for an additional US$4M of government- funded agriculture programs Sombrero Total People Minerales Peru Australian Lamb Impacted Contribution Government Huancasancos Breeding Program US$126k invested 800 US$12k US$58k U
Slide 14: Extension of Andahuaylas-Yauri Mine Belt
Extension of Andahuaylas-Yauri Mine Belt Sombrero hosts multiple Highly underexplored – Direct analogues to scalable high-quality never been drilled for nearby major discovery opportunities copper and gold mines COPPERNICO METALS / 14
Slide 15: Discovered Through Erosional Windows
Discovered Through Erosional Windows Sombrero Project: Timeline 2001 Aceros Arequipa, Peru’s largest steel maker, carried out bulk sample testing at Fierrazo 2007 – 2008 Alturas Minerals completed localized mapping, sampling and geophysics 2013 Aceros Arequipa completed 8 holes for 988 m drilling at
Slide 16: Large Highly Prospective Land Position
Large Highly Prospective Land Position Drill-ready. Project Land Position = approx. 100,000 hectares / 16
Slide 17: Sombrero: Cluster Geology & Stratigraphy
Sombrero: Cluster Geology & Stratigraphy • Significant metal endowment • Multiple prospective skarn horizons • Large geochemical footprint (~18 km x 6 km) / 17
Slide 18: Sombrero Cluster Scale Comparison to Las Bambas
Sombrero Cluster Scale Comparison to Las Bambas COPPERNICO METALS / 18
Slide 19: Multiple Eocene-dated Mineralized Intrusions
Multiple Eocene-dated Mineralized Intrusions SAME AGE OF MINERALIZATION AS: • Las Bambas, MMG: ~37.9 Ma1 • Tintaya, Glencore: 38-35 Ma2 • Antapaccay, Glencore: ~35.7 Ma3 1. Porphyry-Style Alteration and Mineralization of the Middle Eocene to Early Oligocene Andahuaylas-Yauri Belt, Cuzco Region, Peru
Slide 20: Kilometers of Overlapping Chargeability & Magnetics
Kilometers of Overlapping Chargeability & Magnetics • IP and magnetic surveys were conducted over 10 km of targets between Nioc and Sombrero Main target area: the above shows the extent of the chargeability and magnetic analytical signals on surface • Surface mineralization has a distinct geophysica
Slide 21: Selection of Surface & Drill Highlights at Sombrero
Selection of Surface & Drill Highlights at Sombrero Over 10 km of geophysical targets with channel samples have identified the potential for significant grade and tonnage Channel sampling highlights taken within various windows of outcropping mineralization: • 232 m of 0.47% copper and 0.13 g/t gold
Slide 22: Mineralized Historical Drill Core Supports Robust Model
Mineralized Historical Drill Core Supports Robust Model Subsurface Mineralization Correlates with Geophysics Fierrazo Target, Sombrero Project / 22
Slide 23: Drill Plan & Highlights: Sombrero Main Target Area
Drill Plan & Highlights: Sombrero Main Target Area DIA* (environmental permit) allows for up to 48 holes to be drilled from 38 drill pads at Sombrero Main target area * Declaración de Impacto Ambiental COPPERNICO METALS / 23
Slide 24: Schematic Sections Through Sombrero Main Target Area
Schematic Sections Through Sombrero Main Target Area COPPERNICO METALS / 24
Slide 25: 400-m Vertical Window of Potential Mineralization
400-m Vertical Window of Potential Mineralization Good Lucky Target, Sombrero Project / 25
Slide 26: Exceptional Access to Infrastructure
Exceptional Access to Infrastructure COPPERNICO METALS / 26
Slide 27: Permits and Social Access Agreements
Permits and Social Access Agreements Huancasancos: • Environmental permit (DIA) in place – allows for up to 48 holes from 38 drill pads at Sombrero Main target area • Three-year renewable social access agreement in place • Final steps to obtain the other required permits for drill program underway •
Slide 28: 2024 Disciplined Exploration Approach
2024 Disciplined Exploration Approach • Initial 3,000 m drill program to test various skarn and porphyry targets within the Sombrero Main target area • Targets are supported by high-grade surface sampling (including 109 m of 0.67% copper and 0.05 g/t gold1) and coincident geophysical anomalies • Ini
Slide 29: Sombrero Project: Summary
Sombrero Project: Summary Unique opportunity for Multiple targets in large-scale high-grade, district analog to drill-ready advanced several Major Mines exploration targets Significant Year-round mineralization on accessibility surface and in historical holes Established three-year renewable social
Slide 30: Our Shareholders are our Biggest Strength
Our Shareholders are our Biggest Strength Capital structure (as at January 17, 2024) Shares issued Options Warrants outstanding (at C$0.30, expire five years from the date & outstanding outstanding of listing on a recognized stock exchange) 138,487,602 Nil 15,862,049 Cash balance (as at January 17,
Slide 31: 2024 Goals and Milestones
2024 Goals and Milestones Surface exploration & drill target preparation Social Access Drill for major Commence Field discoveries Work Completed Underway Q2 2024 Q2 – Q4 2024 Drill Program Financing Market Listing COPPERNICO METALS / 31
Slide 32: Why Coppernico?
Why Coppernico? Exceptional Copper Exploration Asset Aligned wi th Communities Robust Leadership Favorable Timing COPPERNICO METALS / 32
Slide 33: Appendix
APPENDIX | 34) Sombrero District: Ownership | 35) Aceros Option: Payments | 36) Mollecruz Option: Payments | 37) Sombrero Cluster: Combined Soils & Rocks | 38) MMG Limited: Ferrobamba (Las Bambas) Map with Pre-2022 Drill Results | 39) MMG Limited: Ferrobamba (Las Bambas) Cross section XS-2 with 2022
Slide 34: Sombrero District: Ownership
Sombrero District: Ownership Sombrero district covers approx. 100,000 hectares1 which has been acquired through a combination of staking and option agreements Ownership Claims Hectares Direct* 114 100,800 Aceros 3 600 Option Mollecruz 4 1,300 Option *Sombrero Minerales S.A.C is Coppernico’s wholly o
Slide 35: Aceros Option: Payments
Aceros Option: Payments Property Property Work Work Due Dates Payments Payment Expenditures Expenditure (US$) Status (US$) Status December 13, 2018 $140,000 Completed - - December 13, 2019 $60,000 Completed $150,000 Completed Within 6 months of $250,000 Completed $500,000 Completed obtaining access
Slide 36: Mollecruz Option: Payments
Mollecruz Option: Payments Property Property Work Work Due Dates Payments Payment Expenditures Expenditure (US$) Status (US$) Status June 22, 2018 $50,000 Completed - - June 22, 2019 $50,000 Completed $150,000 Deferred June 22, 2020 $100,000 Deferred $150,000 Deferred June 22, 2021 $200,000 Deferred
Slide 37: Sombrero Cluster: Combined Soils & Rocks
Sombrero Cluster: Combined Soils & Rocks Geochemical Zonation Model with Cover Stripped Back / 37
Slide 38: Ferrobamba (Las Bambas) Map with Pre-2022 Drill Results
Ferrobamba (Las Bambas) Map with Pre-2022 Drill Results • High-grade (+1% Cu) skarn mineralization around N polyphase intrusion system • Complex – irregular geometry S Plan view showing Geology slice through 3,400m RL. The coloured traces show all intercepts > 0.2% Cu and > 8m length below the plann
Slide 39: Ferrobamba (Las Bambas) Cross-section XS-2 with 2022 Drill Results
Ferrobamba (Las Bambas) Cross-section XS-2 with 2022 Drill Results • High-grade (+1% Cu) skarn mineralization around polyphase intrusion system • Significant vertical extent XS-2 (see slide 36 for location), showing the SW and N zone targets, and select intercepts. ±50m window. COPPERNICO METALS / 3
Slide 40: Sign up for the latest news
Strategic | Disciplined | Responsible | Committed Sign up for the latest news: www.coppernicometals.com Contact: info@coppernicometals.com +1 778-729-0600
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