Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Investor Presentation (October 2020)
29 slides from Cyprium Metals's investor presentation, Oct 26, 2020
Slide 1: Investor Presentation October 2020
For personal use only I N V E S T O R P R E S E N TAT I O N OCTOBER 2020 ASX:CYM
Slide 2: Disclaimer
DISCLAIMER For personal use only This presentation (Presentation) has been prepared by Cyprium Metals Limited based on information available to it and from third party sources. By retaining this Presentation, you (the Recipient) acknowledge and represent to Cyprium Metals Limited that you have read,
Slide 3: JORC Statements & Exploration Results
JORC STATEMENTS & EXPLORATION RESULTS For personal use only COMPETENT PERSON STATEMENT The information in this document that relates to Exploration Targets, Exploration Results, Mineral Resources and/or Mineral Reserves is an accurate representation of the available data and is based on the informat
Slide 4: Copper Developer & Explorer
COPPER DEVELOPER & EXPLORER For personal use only Building a mid-tier Australian copper mining business Cue Copper Project (80% CYM) includes Mineral Resources at Hollandaire & high priority drill targets Nanadie Well (100% CYM) includes Mineral Resources1 at Nanadie Well and high priority dri
Slide 5: Cyprium Progress to Date
C Y P R I U M P R O G R E S S T O D AT E For personal use only Cue Copper Project 80% Joint Venture earn-in Drilling completed by Metallurgical test work Scoping Study on the acquisition mid June 2019 with MGV.ASX for the Cue March 2020 was 12,897m exceeded expectations – Hollandaire resource - the
Slide 6: Murchison Copper
MURCHISON COPPER For personal use only • Cue Copper Project located ~20km E of Cue Township o Hollandaire Mineral Resource2 (JORC 2012) 2.8Mt @ 1.9% Cu o Contained metal of 51.5kt of Cu, 28Koz Au & 0.5Moz Ag o Rapier West, Eelya South Cu-Au mineralised intersections o Mt Eelya Zn-Cu-Ag mineralised i
Slide 7: Strong Platform for Growth
S T R O N G P L AT F O R M F O R G R O W T H For personal use only • Cue Copper Project located ~20km E of Cue Township • Nanadie Well located ~75km ENE of Cue Copper Project o Shallow high-grade copper and gold with exploration upside o Large system of shallow, broad intersections of lower grade co
Slide 8: Cue Copper Project
CUE COPPER PROJECT For personal use only • Hollandaire Cu-Au resource open at depth • Significant background Cu throughout the tenement position • Geophysical surveys required to target higher grade mineralisation • Chalcocite mineralogy does not “light up” with EM geophysics • Complete geophysical
Slide 9: Hollandaire
HOLLANDAIRE For personal use only • Hollandaire Mineral Resource of 2.8Mt @ 1.9% Cu, 0.3 g/t Au & 6.4 g/t Ag • Intercepts 5 & 6 include: o 9.3m @ 15.4% Cu, 2.0g/t Au & 29.0 g/t Ag from 61m (11HOD009) o 10.4m @ 14.9% Cu in drill hole 19HOMET003 from 84.5m downhole including: o 4.5m @ 21.9% Cu with 1.
Slide 10: Hollandaire Metallurgy
H O L L A N D A I R E M E TA L L U R G Y 7 For personal use only • Column test work on Hollandaire massive sulphide mineralisation • Test work conducted to determine optimal copper extraction method • Copper began leaching into solution within 1 hour • Copper leaching into solution resulted in: o Co
Slide 11: Nanadie Well
NANADIE WELL For personal use only • Located only ~75km ENE of Cue Copper Project • Cu resource at Nanadie Well and advanced prospect at Stark • Resource based on broader zones of Cu mineralisation • Complete geological assessment then geophysics and drilling • Resource drilling on shallower mineral
Slide 12: Nanadie Well Supergene
NANADIE WELL SUPERGENE For personal use only • Strike of 750 metres, open to north and south • Recent near surface intercepts8 include: • 6.0m @ 4.79% Cu and 0.36 g/t Au from 1m (NRC19005) • 6m @ 1.48% Cu and 4.11 g/t Au from 38m (drill hole NRC19009) including o 1m @ 3.85% Cu and 23.30 g/t Au from
Slide 13: Nanadie Well Sulphide
NANADIE WELL SULPHIDE For personal use only • Current strike of 750 metres • Sulphide mineralisation open along strike and at depth • Typical sulphide intersections in drill holes include: o 7m @ 2.52% Cu, 0.60 g/t Au, 8.00 g/t Ag from 124m in NRC05019 o 18m @ 1.05% Cu, 0.22 g/t Au, 2.67 g/t Ag from
Slide 14: Stark Supergene
S TA R K S U P E R G E N E For personal use only • Strike of mineralisation open to north and south • Rock chip samples have been taken of the gossan mineralisation10, including: o 6.18% Cu, 0.83% Ni, 0.16% Co o 5.94% Cu, 0.08% Ni, 0.02% Co • Rock samples also contain precious metals and platinum gr
Slide 15: Stark Sulphide
S TA R K S U L P H I D E For personal use only • Sulphide mineralisation open along strike and at depth • Typical sulphide intersections in drill holes include11: o 5.4m @ 1.3% Cu, 0.3% Ni, 0.1 g/t Au, 2.5 g/t Ag from 257.7m in NDD17002 o 2.0m @ 1.0% Cu, 0.2% Ni, 0.1 g/t Au, 1.9 g/t Ag from 152m in
Slide 16: Cyprium Moving Forward
C Y P R I U M M OV I N G F O R WA R D For personal use only Nanadie Well and Stark geological Nanadie Well and Stark strike Further work at Eelya South and Review and complete geophysics extent, resource definition and Rapier with targeting based on at Cue, Nanadie Well and Stark review metallurgica
Slide 17: Corporate Overview
CORPORATE OVERVIEW For personal use only Gary Comb CAPITAL STRUCTURE Non-Executive Chairman ASX Ticker CYM Mr Comb is an engineer with over 30 years’ experience in the Australian mining industry, with a strong track record in successfully commissioning and operating base metal mines. He was Chairman
Slide 18: Appendices
For personal use only APPENDICES 18
Slide 19: Cue Copper Project Location Plan
C U E C O P P E R P R O J E C T L O C AT I O N P L A N For personal use only EARN-IN AND JOINT VENTURE Cyprium has an 80% attributable joint venture interest with Musgrave Minerals Limited (ASX: MGV) in the Cue Copper Project’s copper, gold and silver mineralisation however MGV has a 100% interest i
Slide 20: Cue Copper Mineral Resources
CUE COPPER MINERAL RESOURCES2 For personal use only Table 1 / Hollandaire 2012 JORC Mineral Resource Estimate (values are rounded) NOTES: • Differences in sum totals of tonnages and grades may occur due to rounding • Nominal cut-off at 0.3% Cu • Cyprium has an 80% attributable interest in the copper
Slide 21: Mt Eelya
M T E E LYA For personal use only • Mt Eelya plan showing sample locations for Mt Eelya and Rapier West • Samples taken of mineralised and unmineralized quartz/iron gossans at Rapier West and Mt Eelya • High grade copper surface samples assayed3: o 12.3% Cu in Rapier West north costean surface sampl
Slide 22: Eelya South
E E LYA S O U T H 4 For personal use only • Initial drilling intersected a depleted zone, including: o 19ESRC001: 1.0m @ 1.36% Cu, 0.04 g/t Au and 1.00 g/t Ag from 47m o 19ESRC007: 1.0m @ 1.32% Cu, 0.18 g/t Au and 29.50 g/t Ag from 46m • An RC drill hole was completed to target a deeper section of t
Slide 23: Mt Eelya
M T E E LYA For personal use only • Mt Eelya cross-section showing drillhole intersections and interpreted gossan/sulphide relationships • Drill holes intercepts include12: o 7m @ 9.3% Zn, 1.1% Cu, 11.3g/t Ag from 29m in 12EEDD001 o 8m@ 1.6% Cu, 0.6g/t Au, 4.5g/t Ag from 115m in 16EHRC001 o 16m @ 3.
Slide 24: Colonel & Colonel East
COLONEL & COLONEL EAST For personal use only 12Information pertaining to the intercepts were taken from an ASX Release by Musgrave Minerals on 26 June 2017. 24
Slide 25: Gloria June
GLORIA JUNE For personal use only 2Information pertaining to the Gloria June diagram were taken from an ASX Release by Mithril Resources on 08 December 2017. 25
Slide 26: Strategy Overview
S T R AT E G Y O V E R V I E W For personal use only • Core Purpose o Growing value by developing and operating mines to produce copper efficiently and sustainably. • Who we are o ASX listed company with highly credentialed management team that is experienced in successfully developing and operating
Slide 27: Copper and COVID
For personal use only COPPER AND COVID 27
Slide 28: Copper and Sustainable Energy
C O P P E R A N D S U S TA I N A B L E E N E R G Y For personal use only 28
Slide 29: Key Portfolio Criteria
KEY PORTFOLIO CRITERIA For personal use only • Focused on Australian projects • Projects preferably to have sulphide mineralisation with high sulphide content – copper or polymetallic with copper (pyrite, pyrrhotite etc) • Projects to have an existing copper resources with growth potential • Sulphid
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