Caspin Resources Ltd. · ASX:CPN
Caspin Resources — RIU Explorers Conference 2025
16 slides from Caspin Resources's conference presentation, Feb 19, 2025
Slide 1: Caspin Resources Ltd Company Presentation
For personal use only CASPIN RESOURCES LTD Company Presentation 19 February 2025 Greg Miles, Managing Director ASX: CPN | www.caspin.com.au
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Corporate Overview
CORPORATE OVERVIEW Successful exploration, corporate and capital markets team LEADERSHIP TEAM MAJOR SHAREHOLDERS (14 February 2025) Syndicate Minerals Pty Ltd 1 7.3% For personal use only Chalice Gold Mines Ltd 6.0% Tinci (HK) Limited 4.1% Directors and Management 4.6% Mr Justin Tremain Mr Greg Mile
Slide 4: A New Strategic Direction in 2025
A New Strategic Direction in 2025 Shareholders poised to benefit from high-grade tin exposure • New BYGOO TIN PROJECT in the sweet spot for Caspin Tin – a standout performer in 2024 For personal use only Advanced exploration targets in a project with limited exploration over the past 40 years Ca
Slide 5: Bygoo Tin Project – A Unique Exploration Opportunity
Bygoo Tin Project – A Unique Exploration Opportunity Why we like it Demonstrated high-grade mineralisation For personal use only Compares very favourably to other tin exploration and development projects in Australia An expansion of the exploration search space 50 Multiple prospects and targ
Slide 6: Bygoo Project Overview
Bygoo Project Overview In the heart of the Wagga Tin Granite Belt, NSW • Three granted exploration licenses covering 1,180km2 For personal use only • Surrounds the old Ardlethan tin mine (excised), which was the largest tin mine on mainland Australia, producing >31kt Sn until 1986 Recent drilling
Slide 7: Multiple High-Grade Targets at Bygoo North
Multiple High-Grade Targets at Bygoo North With large gaps in the drill coverage • Main Zone, perpendicular to historical For personal use only mining at the Dumbrells Pit 35m @ 2.10% Sn from 43m, incl 5m @ 6.00% Sn from 65m (BNRC011) 15m @ 1.42% Sn from 120m, incl 3m @ 3.44% Sn from 125m (BNRC0
Slide 8: Bygoo North Prospect – Main & P380 Greisens
Bygoo North Prospect – Main & P380 Greisens High Grade Tin at Shallow Depths • Main & P380 - highest contained metal of all the Bygoo North Greisens For personal use only • Excellent potential to extend mineralisation Main Zone Cross Section 35m @ 2.10% Sn from 43m, incl 5m @ 6.00% Sn from 65m (BN
Slide 9: Bygoo North Prospect - Stewarts and Smiths Greisens
Bygoo North Prospect - Stewarts and Smiths Greisens • Northern and southern extents of 500m strike of high-grade greisens along granite contact For personal use only • Very early stage of exploration, all mineralisation open Stewarts 37m @ 0.63% Sn from 74m incl 4m @ 1.69% Sn from 88m (BNRC069)
Slide 10: Maiden RC Program Underway
Maiden RC Program Underway Targeting high-grade continuity and extensions • Test continuity of high-grade mineralisation at the Main Lode For personal use only (hosts some of the best mineralisation drilled to date) • Test extensions and continuity of potential new lode north of the P380 Lode incl
Slide 11: New Target At Ardlethan East
New Target At Ardlethan East Attractive Ardlethan Mine ‘look-a-like’ target • Multiple coherent basement For personal use only geochemical anomalies • Peak assay of 1.86% Sn from bottom of role RAB, with no follow-up drilling • Rock chips nearby >0.1% Sn • Coincident with magnetic features similar t
Slide 12: Excellent Regional Potential
Excellent Regional Potential A full pipeline of greenfield to advanced prospects • Over 20km of eastern Ardlethan Granite For personal use only contact to explore Historical workings indicate numerous tin occurrences along the contact • Example: Bald Hill Prospect Last drilled in 1979 Signific
Slide 13: Highly Encouraging Mineralogy
Highly Encouraging Mineralogy Key to Economic Processing • Petrology performed on several thin For personal use only sections from BNRC011: 35m @ 2.10% Sn (Main Zone) • Tin occurs as Cassiterite (SnO2) amongst dominantly quartz and lesser tourmaline and topaz Cassiterite is the only tin mineral that
Slide 14: 2025 Work Programs – at a glance
2025 Work Programs – at a glance JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC For personal use only Maiden Drilling program Bygoo North Follow-up Drilling Bygoo North Recce sampling and drilling Ardlethan East Sighter metallurgical work Regional magnetics acquisition and targeting Regional drilli
Slide 15: Limited ASX Tin Exposure
Limited ASX Tin Exposure Caspin joins a small number of companies with primary tin assets1 $386M For personal use only Market Cap (A$M) EV (A$M) $36M $29M $14M $8M $227M $29M $19M $16M $6M MLX 2 SKY 3 SRZ 4 ELT CPN 5 Resource Grade (Sn %) 0.86% 0.20% 1.04% 0.46% Resource Tonnes (Mt) 47.7 MT 45.0 MT
Slide 16: Caspin Resources Limited contact details
For personal use only CASPIN RESOURCES LIMITED Ground Floor, 675 Murray Street West Perth, Western Australia 6005 T: +61 8 6373 2000 E: admin@caspin.com.au W: www.caspin.com.au ASX: CPN FOLLOW US: QR Receive news direct 26/03/24 to your inbox Subscribe on the Caspin website 16