Lcl Resources Limited · ASX:LCL
Lcl Resources — Investor Presentation (March 2022)
12 slides from Lcl Resources's investor presentation, Mar 22, 2022
Slide 1: Tesorito maiden Mineral Resource Estimate - Investor Presentation
22 March 2022 ASX Announcement ASX: LCL HIGHLIGHTS Tesorito maiden Mineral Resource Estimate - Investor Presentation Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) The release of the Tesorito maiden Mineral Resource Estimate is a major milestone for Los Cerros and catalyst for the emergen
Slide 2: Tesorito Maiden Resource Announcement
TESORITO MAIDEN RESOURCE ANNOUNCEMENT 22 MARCH 2022 JASON STIRBINSKIS MANAGING DIRECTOR www.andes.com.co
Slide 3: Nature of this document
NATURE OF THIS DOCUMENT and no obligation is assumed to update forward looking statements if these beliefs, Company. Mr. Wilson has sufficient experience which is relevant to the style of opinions and estimates should change or to reflect other future developments. mineralisation and type of deposit
Slide 4: Corporate Overview
CORPORATE OVERVIEW CAPITAL SHAREHOLDER BOARD OF STRUCTURE BASE DIRECTORS Shares on issue1 636.3 million Los Cerros Directors (~2.3%) Ross Ashton Non-Executive Chairman Market Capitalisation $70.0 million #1 Shareholder - Lizeng Pty Ltd (8.7%) Jason Stirbinskis Cash2 $17.8 million North American Inst
Slide 5: Los Cerros Projects and Tier Discoveries
Los Cerros Projects and Tier 1 Discoveries1 DOMINENT HOLDING IN TWO REGIONS OF A PROLIFIC COLOMBIAN GOLD BELT Buritica – Zijin Mining: 5.32Moz @ 10.3g/t Au and 21Moz @ 40.8g/t Ag Gramalote – B2Gold/AGA: 4Moz @ 0.73gt Au o Advanced 2.6Moz Quinchia Gold Project (100%) Titiribi – Gold Mining Inc: 6.2Mo
Slide 6: Quinchia Project
QUINCHIA PROJECT QUINCHIA PROJECT AREA OVER Advanced project with further SOILS ASSAYS AND KEY STRUCTURES Mira Cielo exploration potential in the prolific mid-Cauca porphyry belt which hosts Dosquebradas Santa Sofia multi-million ounce gold & copper/gold 459koz Resource1 La Loma discoveries. Marmato
Slide 7: Quinchia Project Tesorito
QUINCHIA PROJECT TESORITO Marmato Fault Corridor Tesorito Gold o Near surface mineralised Porphyry porphyry o ~0.5km from proposed Miraflores plant location TS-DH25: 330.3m @ 0.99g/t Au TS-DH32: 226m @ o Very wide porphyry incl 56m @ 1.95g/t Au from surface 0.5g/t Au from 120m intercepts from near s
Slide 8: Quinchia Project Tesorito
QUINCHIA PROJECT TESORITO TESORITO INFERRED RESOURCE1 CUT-OFF TONNES (Mt) Au (g/t) Ag (g/t) Au (koz) Ag (koz) 0.25g/t Au 134.3 0.53 0.62 2,290 2,673 0.5g/t Au 50.0 0.81 0.75 1,298 1,205 0.6g/t Au 33.4 0.94 0.82 1,006 880 TESORITO POTENTIAL HIGH GRADE STARTER PIT CUT-OFF TONNES (Mt) Au (g/t) Ag (g/t)
Slide 9: Quinchia Project 2.6M Oz Resource
QUINCHIA PROJECT 2.6MOZ RESOURCE QUINCHIA IN SITU MINERAL RESOURCE ESTIMATE1 Tesorito optimized pit shell TONNES Au Au and nested high-grade shell Quinchia subzone Resource Category CUT-OFF (Mt) (g/t) (koz) Tesorito Inferred 0.5g/t Au 50.0 0.81 1,298 Dosquebradas Inferred 0.5g/t Au 20.2 0.71 459 Mir
Slide 10: Quinchia Project Timeline
QUINCHIA PROJECT TIMELINE PRE ‘21 2021 2022 POST ‘22 DEVELOPMENT PROGRAM Tesorito scout drilling Tesorito drillout Tesorito Maiden Resource Dosquebradas 43-101 Dosquebradas JORC Quinchia-wide PEA Quinchia-wide feasibility Resource Resource studies Miraflores DFS Progress Miraflores Miraflores Mine a
Slide 11: Robust Target Pipeline
ROBUST TARGET PIPELINE RESOURCE PROJECT ESTABLISHED DRILL DRILL DEFINITION/ FEASIBILITY GENERATION TARGET READY TESTING STUDIES = QUINCHIA PROJECT = ANDES PROJECT GIBRALTAR Numerous areas of interest within SANTA RITA the Quinchia project area for SAN AGUSTIN follow up. SANTA ISABEL ~90% of the SANT
Slide 12: Advanced Projects With Significant Upside
ADVANCED PROJECTS WITH SIGNIFICANT UPSIDE Strong cash position to continue to execute detailed growth strategy and grow shareholder value Quinchia - advanced gold project project with attractive economics 0.46Moz Miraflores Reserve + 0.46Moz Dosquebradas Resource, Tesorito Maiden Resource 1.3Moz and