Cavalier Resources Limited · ASX:CVR
Cavalier Resources — RIU Resurgence Conference 2023
23 slides from Cavalier Resources's conference presentation, November 2023
Slide 1: Charging Towards Success
CHARGING TOWARDS ASX:CVR SUCCESS RIU Resurgence Presentation November 2023
Slide 2: Disclaimer
Disclaimer The purpose of this presentation is to provide general information about Cavalier Resources Limited (ACN 635 842 143) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as of the date of this presen
Slide 3: Do Unicorns Exist?
Do Unicorns Exist? Cavalier Resources listed 15 June 2022 with the simple, yet not necessarily easy to achieve, corporate vision of becoming a self funded exploration company. The challenge: to continue to advance what was a privately owned near-term gold mine 20km east of Leonora towards production
Slide 4: Cavalier's Project Overview
Cavalier’s Project Overview Three project areas in the prolific lithium, gold and nickel fields of Western Australia ranging from near term mining, and near resource exploration, through to early-stage greenfields exploration. Leonora Projects Ella’s Rock Hidden Jewel Project Near Term Gold Mine Dev
Slide 5: Why Invest?
Why Invest? Cavalier Resources Ltd (“Cavalier”) provides investors with the opportunity to invest in a portfolio of proven assets and exploration tenements within proximity to top-tier assets and sheer zones in WA, with the added benefit of significant near-term cash flow potential ROBUST PIPELINE P
Slide 6: Project Timeline
Project Timeline A further 2 years of intensive exploration and development activities: Progressing the Crawford Gold Project to a mining phase while developing our lithium, nickel and gold exploration targets at Ella’s Rock, Maleta Creek and Hidden Jewel respectively. Crawford: Completion of PFS/Or
Slide 7: Corporate
Corporate Targeted expenditure to maximise investor return
Slide 8: Corporate - Board and Management
Corporate - Board and Management ▪ Chartered Accountant with over 30 years' experience in the ▪ Co-founder and MD of Auralia Mining Consulting areas of financial and executive management, accounting, ▪ Highly technically proficient mining engineer with over 20 years' audit, business and corporate ad
Slide 9: Corporate Information
Corporate Information Capital Structure (AUD) One Year Share Price History Price (afterhours 17 November 2023) $0.14 Volume Close 12 Month Hi-Low $0.10 - $0.165 300,000 $0.20 Shares Outstanding 43.4m 250,000 $0.18 Volume (Thousands) Share Price ( AUD) 200,000 $0.16 Market Cap $4.46m 150,000 $0.14 Ca
Slide 10: Leonora Projects
Leonora Projects Advancing towards gold mining at Crawford Highlights: ▪ 117.8koz JORC Mineral Resource ▪ Pre-feasibility Study due Q1 2024 ▪ Outstanding heap leach extractions – process onsite
Slide 11: Leonora Projects
Leonora Projects Prolific gold and nickel region with ongoing M&A Crawford Gold Project ▪ 117.8koz mine-advanced JORC Mineral Resource with the ability to heap leach ▪ Stage 1 PFS due Q1, 2024 with mining expected mid-H2 2024 Maleta Creek ▪ Numerous nickel sulphide, lateritic nickel and gold targets
Slide 12: Crawford Gold Project
Crawford Gold Project Advancing towards mining in 2024 Pre-feasibility Study due Q1, 2024 ✓ Infill grade control drilling over Stage 1 ✓ Updated 2023 JORC MRE ✓ Environmental surveys ✓ Metallurgical heap leach tests peaked at 92.5% recovery ✓ All access agreements complete ✓ Miscellaneous licence ap
Slide 13: Crawford Gold Project
Crawford Gold Project Further near resource upside & outstanding heap leach results Miranda discovery, open along strike and at depth 2023 drill program: ▪ Discovers Miranda fresh rock target area ▪ Extends current near northern resource potential ▪ Indicates a further 500m northern mineralised corr
Slide 14: Ella's Rock Project
Ella’s Rock Project 277 Untested Lithium Targets Highlights: ▪ World Class Lithium Corridor lying between Wesfarmers’ Mt Holland and Allkem’s Mt Cattlin Lithium Projects ▪ Three significant lithium anomalies covering a combined 350ha
Slide 15: Ella's Rock Project
Ella’s Rock Project Untested Lithium, Nickel and Gold Targets in a World Class Location ▪ Ella’s Rock lies 50km to the southeast of the Earl Grey (Mt Holland) high-grade lithium project, a joint venture between Wesfarmers and SQM, planned to produce 50,000t of lithium hydroxide per year from 2024 ▪
Slide 16: Ella's Rock Project
Ella’s Rock Project 12km corridor, three main lithium targets ▪ UltraMag carried out just 2.2-line kilometres of initial DGPR surveys to test portions of the Fitzgerald and Baché LCT associated geochemical target areas ▪ There is exceptional correlation between the existing anomalous soil geochemist
Slide 17: Hidden Jewel Project
Hidden Jewel Project Targeting the Golden Cities Granodiorite Highlights: ▪ Located within the Golden Cities Granodiorite ▪ 20km north of the Paddington Gold processing plant ▪ Multiple untested targets 10km north of Golden Cities
Slide 18: Hidden Jewel Gold Project
Hidden Jewel Gold Project Multiple Walk Up Targets Untested By Drilling ▪ The Hidden Jewel Gold Project is located north of the Norton Goldfields’ 5.0Mtpa Paddington Mill within the Golden Cities region ▪ Mining from the nearby Golden Cities-Federal Deposits has sporadically operated from 1998-2010,
Slide 19: Appendix - Crawford Mineral Resource Estimate
Appendix - Crawford Mineral Resource Estimate Cut-Off Indicated Inferred TOTAL Grade Ounces Grade Ounces Grade Ounces Tonnes Tonnes Tonnes (g/t) (Au) (g/t) (Au) (g/t) (Au) 0.5 g/t 1,154,000 1.0 37,300 2,591,000 1.0 80,600 3,745,000 1.0 117,800 1.0 g/t 412,000 1.5 19,600 613,000 1.8 36,300 1,025,000
Slide 20: Appendix - Competent Persons Statements
Appendix - Competent Persons Statements The information in this presentation that relates to metallurgical test work and mineral processing for oxide mineralisation is based on information compiled or approved by Mr. Randall Pyper. Mr. Pyper is an employee of Kappes, Cassiday & Associates Australia
Slide 21: Appendix - Gambier Lass North
Appendix - Gambier Lass North - Gold in Quartz Lodes Located to the north of Crawford mainly within sediments of the Pig Well graben. Previous exploration has focussed on gold mineralisation, although some work has targeted Teutonic Bore style base metal mineralisation. Recent drilling has delineate
Slide 22: Appendix - Pleasant Surprise
Appendix - Pleasant Surprise – Potential Paleo Sands ▪ Situated in the prolific gold area between the Paddington and Mt Pleasant gold mining centres ▪ North east of known paleochannel trend which has historically mined over 50koz of gold at the Rose Dam Gold Project ▪ Untested for paleochannel poten
Slide 23: Thank You
Thank You For more information contact cavalierresources.com.au Daniel Tuffin Executive Technical Director, Interim CEO daniel@cavalierresources.com.au