Conico Ltd · ASX:CNJ
Conico — Shareholder Meeting (November 2021)
26 slides from Conico's shareholder meeting presentation, Nov 25, 2021
Slide 1: AGM Presentation
For personal use only AGM Presentation 25 November 2021 The East Greenland Poly-Metallic Explorer CONICO 1
Slide 2: Cautionary Statement
For personal use only Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS: Certain statements made during or in connection with this communication, including, without limitation, those concerning the economic outlook for the exploration industry, expectations regarding com
Slide 3: Greenland
For personal use only Greenland MESTERSVIG 100% owned 1,447 km2 RYBERG Blyklippen historic Pb-Zn Mine: (1949-1965), 545Kt @ 9.9% Zn, 9.3% Pb 100% owned. 4,521 km2 Sediment hosted Pb-Zn-Cu-Ag deposit with 13km Sortekap Prospect: >2g/t Au surface rock chip strike potential supported by previ
Slide 4: Greenland: A World Class Opportunity
For personal use only GREENLAND: A World Class Opportunity European jurisdiction, the interface between North Participates actively in Nordic co-operation, Arctic co- America and Europe. operation, the UN, the WTO, the EU and is a member of the Overseas Countries and Territories Association (OCT
Slide 5: Why Conico?
For personal use only WHY CONICO? Greenland is known for its mineral wealth and being under-explored, yet there are only two operating mines. Our approach is to make new discoveries by conducting methodical exploration activities over large tracts of land, looking for high-grade, high-tonnage deposi
Slide 6: A Top Licence Holder
For personal use only A TOP 5 LICENCE HOLDER 12,000 Conico is the 4th 10,000 largest licence holder in Greenland, with the 8,000 Ryberg and Mestersvig Projects covering a combined 6,000 area of 5,968km2. 4,000 2,000 - Greenfields Anglo American Bluejay Mining Conico Ltd AEX Gold Exploration Ltd CONI
Slide 7: Board of Directors
For personal use only BOARD OF DIRECTORS Gregory Solomon Non-Exec. Chairman – Conico Ltd LLB Has practised as a commercial/corporate lawyer for more than 40 years, is managing partner with Solomon Brothers Lawyers and executive director of Tasman Resources. Gregory has a broad range of experience in
Slide 8: Staff
For personal use only STAFF Thomas Abraham-James CEO – Longland Resources Ltd BSc (Hons), FAusIMM (CP Geo), FSEG, FGSL Thomas has over 15 years’ experience in both corporate and technical capacities, educated at the Australian National University. He began his career with Rio Tinto (Argyle Diamonds)
Slide 9: Company Snapshot
For personal use only COMPANY SNAPSHOT BOARD: Gregory Solomon (Non-Exec. Chairman) Guy Le Page (Exec. Director) James Richardson (Non-Exec. Director) Douglas Solomon (Non-Exec. Director) COMPANY SECRETARY: Aaron Gates TOP 10 SHAREHOLDERS: BNP Paribas Noms (Clear) 14.2% Tasman Resources Ltd 9.9% BNP
Slide 10: Ryberg Project
For personal use only RYBERG PROJECT E A S T G R E E N L A ND CONICO 8 Drill core from MIDD001 @ 118.3m depth
Slide 11: Ryberg: Geology
For personal use only RYBERG: GEOLOGY Rift Valley Basin setting • Kangerlussuaq Basin, Cretaceous-Paleocene (1km exposed, total thickness unknown) • Overlain by plateau basalts that have mostly been eroded, Palaeogene • Underlain by gneiss/amphibolite, Archaean Project Setting: Represents the erosio
Slide 12: Ryberg: Geophysics
For personal use only RYBERG: GEOPHYSICS Survey Type: Helicopter magnetic and radiometric. Contractor: New Resolution Geophysics (NRG), South Africa. System: Xplorer single sensor magnetometer stinger and real-time gamma-ray spectrometer. Survey Specifications: 200m east-west line spacing (100m at t
Slide 13: Ryberg: Miki Prospect
For personal use only RYBERG: MIKI PROSPECT Mineralisation Style: Magmatic sulphide (Cu-Ni-Co-Pd-Au) 2021 Drill Programme: The first time Miki has been drilled, targeting electromagnetic (EM) conductors. A total of 8 drill-holes were completed, for a combined 2,021m drilled. 2021 Results: Assays due
Slide 14: Ryberg: Sortekap Prospect
For personal use only R Y B ERG : S O R T EKAP P R O S PECT Mineralisation Style: Orogenic gold. 2021 Drill Programme: The first time Sortekap has been drilled, targeting induced polarisation (IP) conductors. A total of 3 drill-holes were completed, for a combined 847m drilled. 2021 Results: Assays
Slide 15: Ryberg: Cascata Prospect
For personal use only R Y B ERG : C AS C AT A P R O S PECT Mineralisation Style: Volcanic-Sedimentary Hosted Massive Sulphide (VHMS). 2021 Drill Programme: The first time Cascata has been drilled, targeting stratigraphically-hosted sulphide mineralisation observed at surface. A total of 2 drill-hole
Slide 16: Ryberg: Proposed 2022 Activities
For personal use only RYBERG: PROPOSED 2022 ACTIVITIES The results from the 2021 field season are awaited, however it is anticipated that positive assays will be followed up with additional drilling. The regional magnetic-radiometric survey is also anticipated to generate additional targets warranti
Slide 17: Ryberg: Logistics
For personal use only RYBERG: LOGISTICS The Project area is in an area suitable for mining development on the east Greenland coast, the closest point to Iceland (365km). Deep-water fjord, ideal for a port. Airstrip can be extended to accommodate larger aircraft (Dash- 8). Site: Adjacent to lar
Slide 18: Mestersvig
For personal use only MESTERSVIG CONICO 13
Slide 19: Mestersvig: Historic Mine
For personal use only MESTERSVIG: HISTORIC MINE Historic Mining: the mine was called ‘Blyklippen’ (lead rocks in English) and produced a total of 545,000 tonnes of ore @ 9.3% Pb and 9.9% Zn between 1956 and 1962. The mined-out sulphide lens was 2-10m thick, 300m long and 160 m high. Mining was by op
Slide 20: Mestersvig: Geology
For personal use only MESTERSVIG: GEOLOGY Local Geology: dominated by Carboniferous, Permian and Triassic sediments intruded by Palaeogene dolerite sills and dykes Towards the south, the area is bordered by the Palaeogene Werner Bjerge Complex, in the west, it is bordered by a major regional fault b
Slide 21: Mestersvig: Work Conducted
For personal use only MESTERSVIG: WORK CONDUCTED In 2020 the Company successfully conducted a ground-borne gravity survey to identify the location of veins carrying base metal sulphides that are obscured from surface. Surface sampling and mapping in 2020 identified mineralisation at Nuldal grading u
Slide 22: Mestersvig: Proposed 2022 Activities
For personal use only MESTERSVIG: PROPOSED 2022 ACTIVITIES This has the potential to be a very large mineralised system. The objectives are to assess: Whether the mineralisation at Sortebjerg joins that at Blyklippen (therefore a strike length of 13km). Whether the mineralisation at Nuldal is co
Slide 23: Mestersvig: Logistics
For personal use only MESTERSVIG: LOGISTICS Suitable for mining development on the east coast of Greenland, only 10km from the Mestersvig Air Base. Has an existing harbour Traversable by foot/automobile from the harbour to key prospects Existing air field Existing underground workings 300
Slide 24: A Giant Opportunity
For personal use only A GIANT OPPORTUNITY TARGETS: Ryberg + Mestersvig give exposure to multi-commodity opportunities with large scale. RYBERG: Three prospects were drilled for the first time in 2021. Assays due in November 2021. Fuel and drill rigs are on site, ready for an early start in
Slide 25: Conico Contacts
For personal use only CONICO CONTACTS Level 15, 197 St Georges Terrace Thomas Abraham-James PERTH WA 6000 CEO Longland Resources Australia tom@longlandresources.com Postal Address Guy Le Page PO Box 7055 Exec. Director Conico Cloisters Square WA 6850 glepage@conico.com.au Australia mailroom@conico.c
Slide 26: Competent Persons Statement
For personal use only COMPETENT PERSONS STATEMENT The information contained in this presentation relating to exploration results relates to information compiled or reviewed by Thomas Abraham-James, a full-time employee of Longland Resources Ltd. Mr. Abraham-James has a B.Sc. Hons (Geol) and is a Cha