Castle Minerals Ltd · ASX:CDT
Castle Minerals — Shareholder Meeting (November 2019)
12 slides from Castle Minerals's shareholder meeting presentation, Nov 14, 2019
Slide 1: An African and Australian Gold Explorer
For personal use only An African and Australian Gold Explorer AGM 14 November 2019
Slide 2: Disclaimer and Competent Person Statement
Disclaimer and Competent Person Statement Cautionary Statement - This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in an
Slide 3: Castle Assets
Castle Assets ü 80% Coolyia Creek conglomerate gold project, Pilbara WA For personal use only ü 80% Beasley Creek conglomerate gold project, Pilbara, WA ü 100% Carlie Mining Limited (Ghana registered): ü ~10,000km2 licences (gold) Upper West region, Ghana ü 57,700oz Indicated and 141,700oz Inferred
Slide 4: Corporate
Corporate Directors & Management Corporate For personal use only Michael Atkins Non-Exec Chairman Issued Shares 223.8M* Stephen Stone Managing Director Unlisted Options (3c 30.11.2019) 6M James Guy Non-Executive Director Market Cap @ A$0.009 $2.0M Jade Styants Company Secretary Cash and receivables
Slide 5: Sale of Julie West Licence and Painchek Shares
Sale of Julie West Licence and Painchek Shares For personal use only Julie West: § Waiver (23 October 2019) of condition precedent requiring approval of Ghana Minister of Lands and Natural Resources to the sale of Julie West licence by Castle’s 100% owned Ghananian subsidiary, Carlie Mining Limited,
Slide 6: Ghana
Ghana • US$11.7 Million Earn-In Agreement - Degbiwu For personal use only and Gbiniyiri Licences • Iguana Resources Limited (Ghana) may earn up to an 80% interest in three stages over five years • US$15,000 execution payment (paid and non-refundable) • Phase 1: Initial 51% for US$4.72M spend with mi
Slide 7: WA's Pilbara Region: Coolyia Creek
WA’s Pilbara Region: Coolyia Creek For personal use only In-situ quartz vein in older Archaean bedrock exhibiting visible gold Prospector retrieved several small nuggets in vicinity of bedrock quartz vein showing in-situ visible gold Simplified geological map showing location of Coolyia Creek licenc
Slide 8: Coolyia Creek (2): Schematic Cross Section
Coolyia Creek (2): Schematic Cross Section For personal use only Outcropping Hardey Conglomerate 8
Slide 9: WA's Pilbara Region: Beasley Creek (1)
WA’s Pilbara Region: Beasley Creek (1) For personal use only GSWA mapping showing location of ELA 47/3490 at Beasley Creek, the Hardy formation, mapped location of Hardey Conglomerate and position of historical workings 9
Slide 10: Beasley Creek (2)
Beasley Creek (2) For personal use only Saw cut samples of conglomerate boulders retrieved from Beasley Creek spoil heaps 10
Slide 11: 2019 / 2020 Investment Catalysts
2019 / 2020 Investment Catalysts For personal use only § Continue to evaluate Pilbara interests for conglomerate hosted gold and/or monetise interests § Re-evaluate Ghana tenure for focused exploration, rationalisation and additional farm-outs or sales § Acquire new flagship project 11
Slide 12: Thank You
For personal use only Thank You Contact: Stephen Stone Managing Director stone@castleminerals.com.au Mb +61 (0) 418 804 564
Castle Minerals — Shareholder Meeting (November 2019) on 6ix