Corazon Mining Limited · ASX:CZN

Corazon Mining — Mining 2017 Resources Conference

22 slides from Corazon Mining's conference presentation, Aug 30, 2017

1. Slide 1: Company Presentation – Mining 2017 Resources Conference

   For personal use only Company Presentation Mining 2017 Resources Conference 30th August 2017 LEVEL 1, 329 HAY ST, SUBIACO WA 6008 | PO BOX 8187, SUBIACO EAST WA 6008 | +61(8) 6142 6366 | INFO@CORAZON.COM.AU | WWW.CORAZON.COM.AU

2. Slide 2: Important Notice

   Important Notice For personal use only Looking Forward Statement This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future

3. Slide 3: Corporate Overview

   Corporate Overview For personal use only ASX: CZN Shareholders Total Ordinary Shares on Issue 1,039m Top 20 Shareholders 36% Options on issue 145m Board and Management 3.1% Market Capitalisation ($0.024/share) $25m Hanking Australia Investments 11.5% Trading Range (1 year) $0.010-$0.059 Crescent Nom

4. Slide 4: Two Quality Projects – A Cobalt Focus

   Two Quality Projects – A Cobalt Focus For personal use only Lynn Lake Nickel-Copper-Cobalt  100% control of entire historical mining centre  Beneficial infrastructure and large remnant resources  Easy development opportunity  Exciting exploration potential  Recent drilling has discovered anothe

5. Slide 5: Why Cobalt?

   Why Cobalt? For personal use only COBALT - CRITICAL INGREDIENT FOR LITHIUM ION BATTERIES  Cobalt price driven by increased demand, or expectations of increased demand, from a growing rechargeable battery sector Demand Growth 100 kt +200 kt 2017 Forecast 2025  A significant deficit in supply is loo

6. Slide 6: Mt Gilmore Project

   For personal use only Mt Gilmore Project NSW

7. Slide 7: Mt Gilmore Project

   Mt Gilmore Project For personal use only NEW PROJECT FOR CORAZON  CZN acquired Mt Gilmore in July 2016  Earning up to 80% - currently CZN has 51% equity  $2M earn-in over 3 years (+1yr extension option)  Small periodic payments on milestones  All costs covered by CZN until decision to mine HIGH

8. Slide 8: District Scale Opportunity

   District Scale Opportunity For personal use only MT GILMORE TREND  Large hydrothermal alteration footprint  Extensive evidence of targeted models - tourmaline breccia hosted Cu-Au Felsic Mafic Intrusive Intrusive deposits, Cu-Au-Fe skarns and quartz-sulphide vein system (such as porphyry Cu-Au dep

9. Slide 9: Cobalt Ridge Prospect

   Cobalt Ridge Prospect For personal use only From Interval RARE COBALT DOMINANT SULPHIDE DEPOSIT Hole ID Hole Type Co % Cu % Au g/t CuEq % Depth (m) (m)  CZN’s 2016 drilling identified excellent grade MGRCD001 Core 165 13 0.18 0.54 0.17 2.33 incl 1 1.12 1.96 0.81 12.95  Multiple parallel Co-Cu-Au s

10. Slide 10: Cobalt Ridge Prospect

    Cobalt Ridge Prospect For personal use only MINERALISED EXTENTS YET TO BE Cobalt Ridge DEFINED Interpreted Geology Flintoff’s  1000m x 500m window through cover Basement into mineralised basement Cover  Entire basement outcrop anomalous in cobalt Cobalt Ridge  Intensive multiphase alteration, inc

11. Slide 11: Cobalt Ridge – Initial Metallurgical Testwork

    Cobalt Ridge – Initial Metallurgical Testwork For personal use only EARLY METALLURGICAL TESTWORK IS VERY PROMISING  Excellent recoveries from simple Flotation testwork on RC drill chips  Cobalt – 92.2%  Copper – 89.0%  Gold – 75.5%  Processing route likely to be simple, inexpensive, and tried a

12. Slide 12: Exciting Upcoming Work Program

    Exciting Upcoming Work Program For personal use only DEFINE RESOURCE – SCOPE DEVELOPMENT OPPORTUNITY  Drilling underway at Cobalt Ridge, including:  Step-out and infill at Main Cobalt Lode – resource definition  Testing new trends – Flintoff’s, Glamorgan West and others  Additional metallurgical

13. Slide 13: Lynn Lake Project

    For personal use only Lynn Lake Project Canada

14. Slide 14: Lynn Lake Nickel-Copper-Cobalt Sulphide Project

    Lynn Lake Nickel-Copper-Cobalt Sulphide Project For personal use only LOCATION  Canada – “First World” benefits, established mining culture  Manitoba Province – 2nd best place on earth to explore (Fraser Institute survey – February 2017)  Lynn Lake – a township establish in the 1950’s for the min

15. Slide 15: Lynn Lake Historic Mining Centre

    Lynn Lake Historic Mining Centre For personal use only MINING CENTRE Lynn Lake Geology A Plug  Prolific Canadian Ni producing region Township  24 year mine production – shutdown in 1976 A Plug – 18.4 Mt @ 0.86% Ni & 0.44% Cu EL Plug – 1.7 Mt @ 2.50% Ni & 1.15% Cu EL Plug  Infrastructure beneficia

16. Slide 16: Fraser Lake Complex (FLC) – Magmatic Framework

    Fraser Lake Complex (FLC) – Magmatic Framework For personal use only FLC EXCITING TARGET FOR BIG DEPOSITS  Similar to “A Plug” – host of the Lynn Lake mine, but twice as big Historical  Fertile with Ni-Cu magmatic sulphides Drilling  Historical exploration misdirected  Newly recognised “feeder-z

17. Slide 17: Matrix Trend - IP Anomaly - Sulphide Rich

    Matrix Trend - IP Anomaly - Sulphide Rich For personal use only RECENT ASSAY RESULTS UNDERPIN PROCEPTIVITY #08 #02 #12 Hole # 14 #03 #13 56.1m @ 0.68% NiEq #10 #14 Hole # 16 27m @ 0.61% NiEq #16 Drilling Legend #15 Historical 2017 Significant Drill Hole Intercepts at +0.7% NiEq for all drilling comp

18. Slide 18: Matrix Trend - IP Anomaly - Sulphide Rich

    Matrix Trend - IP Anomaly - Sulphide Rich For personal use only FLC FEEDER ZONE - “BELCHING OUT SULPHIDE RICH MAGMA”  “Matrix Trend” = Stratified horizontal feeder dyke with Southwest Northeast geochemical continuity over +925m  At least three significant Ni-Cu-Co enriched magmatic cycles identifi

19. Slide 19: Fraser Lake Complex (FLC) – Exploration Results

    Fraser Lake Complex (FLC) – Exploration Results For personal use only TARGETING PIPE-LIKE INTRUSIVE SOURCE Southwest Northeast  Vertically stacked flat sulphidic horizons possible source of high IP chargeability anomalies – marginal to main target  Main target is a vertical pipe-like sulphidic bre

20. Slide 20: Lynn Lake – Current Exploration Activities

    Lynn Lake – Current Exploration Activities For personal use only RESULTS OF CZN EXPLORATION CONDUCTED SINCE JANUARY 2017 BEING PULLED TOGETHER FOR ANALYSIS  Results of the recent phases of drilling and geophysics will define exploration strategy  Detailed petro-geochemical analysis of drilling res

21. Slide 21: Corazon - An Overview

    Corazon - An Overview For personal use only PROJECT QUALITY  Two exceptional projects with demonstrated prospectivity in key, demand-driven commodities  Both projects have the capacity for large economic mineral deposits ACTIVE EXPLORATION PROGRAMME  Mt Gilmore and the Cobalt Ridge prospect will

22. Slide 22: For personal use only

    For personal use only LEVEL 1, 329 HAY ST, SUBIACO WA 6008 PO BOX 8187, SUBIACO EAST WA 6008 +61(8) 6142 6366 INFO@CORAZON.COM.AU WWW.CORAZON.COM.AU

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