Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Cygnus Gold — RIU Resources Round-up 2019
15 slides from Cygnus Metals's conference presentation, May 8, 2019
Slide 1: RIU Resources Round-up
For personal use only RIU Resources Round -up Sydney, May 2019
Slide 2: Cautionary statements
Cautionary statements For personal use only This presentation contains summary information about Cygnus Gold Limited (Cygnus or the Company). The information in this presentation is of general background and does not purport to be complete. Forward looking statements This presentation may contain ce
Slide 3: Corporate snapshot
Corporate snapshot Board of Directors Capital Structure For personal use only Shares on Issue 60,683,341 – • Mining engineer with extensive corporate and operations experience globally Michael Bohm • Director and Chair of a number of ASX-listed companies sitting on their Audit Shares held in escrow
Slide 4: High-grade gold & base metals in the Wheatbelt, WA
High-grade gold & base metals in the Wheatbelt, WA ~8,000km2 tenure in underexplored greenstone terrane For personal use only • Strategic ground position in the underexplored Southwest Terrane within the prolific Yilgarn Craton • More than 18,000m drilling since IPO in January 2018 • Underexplored d
Slide 5: Metres drilled by date and drill type
No Holes Mtrs Drilled Drill Types 410 18,430 Mtrs Drilled by Date and Drilllype Drill Type @AC @ DE D @RC CYGNUS GOLD
Slide 6: Stanley (100% CY5) - multiple high-grade prospects
Stanley (100% CY5) - multiple high-grade prospects Kepler Zone - new understanding of Au mineralisation For personal use only • Bottleneck1 • BNDD001: 9.50m at 29.2 g/t Au • BNDD003: 10.9m @ 15.1g/t Au (incl. 4.8m @ 34 g/t Au) • STRC0002 ends in 5m @ 1.84g/t Au • Recognition of Kepler Zone • RC dril
Slide 7: Kepler Zone cross section
a 8 2 & 8 8 3 3 oe 8 %, © %, © % % Sm eS S cy Surface 250m RL BNRCOO6 250m RL 1m @ 1.30g/t Au STRCO0002 _J 4m @ 1.09g/t Au and BNRCOO6 —_5m @ 1.84g/t Au to EOH 1m @ 0.74g/t Au from 137m BNDDO06 » Legend 6m @ 1.74g/t Au Mi ‘isati : lineralisation open eee ae In all directions Andesite 125m RL Dacite
Slide 8: Kepler Zone
“Kepler Zone” For personal use only STRC0002 4m @ 1.09g/t Au and 5m @ 1.84g/t Au to EOH Bottleneck Trend
Slide 9: Stanley (100% CY5) – McDougall South
Stanley (100% CY5) – McDougall South Follow up drill results to come For personal use only • Coherent (1km x 500m) gold anomaly associated with a NW trending structural zone • Two RC holes (182m) at McDougall South intersected anomalous gold with1: • STRC0007: 4m @ 0.25g/t Au from 32m • STRC0008: 16
Slide 10: Bencubbin Au, Ni and base metals (100% CY5)
Bencubbin Au, Ni and base metals (100% CY5) Multi-commodity project with high priority targets For personal use only • >70km long Bencubbin Greenstone a prime target for sulfide- hosted nickel-copper (PGE) and base metals • >18km long surface nickel anomaly at Bencubbin North • Ni targets not previo
Slide 11: Bencubbin North Nickel (100% CY5)
Bencubbin North Nickel (100% CY5) PGEs confirm Ni prospectivity 1 For personal use only 1 Refer ASX announcement 8/5/19 for full details of these exploration results. Cygnus is not aware of any new information or data that materially affects the information included in the said announcement 11
Slide 12: Burracoppin (100% CY5)
Burracoppin (100% CY5) Drill ready base metals targets For personal use only • Au-Ag-Pb-Zn at Anomaly 47 • Only six RC holes drilled (616m) intersecting broad zones of polymetallic mineralisation Anomaly 15 analogous to known VMS belts globally1: • 93m @ 4.19 g/t Ag, 0.07 g/t Au, 0.12% Pb, 0.10% Zn
Slide 13: Gold Road joint ventures
Gold Road joint ventures Well-credentialed partner For personal use only • Cygnus managing three JV projects covering ~5,000km2 • Wadderin/Lake Grace Earn-in JVs: GOR to spend A$3.7M to earn 75% (four years), min spend A$1.3M (1.5yrs) • Yandina JV: 75% Gold Road, 25% Cygnus • Additional tenement app
Slide 14: Gold Road joint ventures: drilling on multiple fronts
Gold Road joint ventures Drilling on multiple fronts For personal use only • Initial targets at: • Hardies (HAR) on Wadderin JV • Lake Grace (LG) and Holland Rock (HRR) on Lake Grace JV • Aircore and reverse circulation drilling completed late April; results May-June • Surface sampling ongoing on Em
Slide 15: Cygnus Gold - Contact
Cygnus Gold - Contact For personal use only James Merrillees Managing Director – Level 3, 20 Parkland Rd, Osborne Park, WA 6017 PO Box 2215, Churchlands, WA 6018 – E: j.merrillees@cygnusgold.com T: +61 8 9489 2680 W: www.cygnusgold.com