Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (June 2021)
22 slides from Culpeo Minerals's investor presentation, June 2021
Slide 1: Exploring the High Grade Copper Belts of Chile
EXPLORING THE HIGH GRADE COPPER BELTS OF CHILE Corporate Presentation June 2021 Culpeo Minerals Ltd ACN 627 735 531
Slide 2: Disclaimer
DISCLAIMER This Presentation and any accompanying verbal Presentation (together the Presentation) and confidential information has been prepared by Culpeo Minerals Limited (Culpeo or the Company). The information contained in the Presentation (Information) is a summary only and should be read in con
Slide 3: Copper Company Focused on Chile
COPPER COMPANY FOCUSED ON CHILE Chile World’s No. 1 Global Copper Producer High Grade Copper Systems in Coastal Cordillera Las Petacas Project Outcropping Mineralisation >6kms, historical drilling, walk-up drill targets Strong Board & Management with Significant Chilean Country Expertise Country Net
Slide 4: Culpeo Minerals Strategy
CULPEO MINERALS STRATEGY ▪ Establish a Portfolio of High Grade Copper Assets in the Coastal Cordillera of Chile ▪ Leverage off Existing Infrastructure ▪ Targeting Proven District Scale Underexplored Mineralised Systems ▪ Focused on Near Surface High Grade Copper Discoveries ▪ Identify Drill Targets
Slide 5: Las Petacas Copper Project – Tier 1 IOCG District
LAS PETACAS COPPER PROJECT – TIER 1 IOCG DISTRICT ▪ Region III, Atacama Desert, Chile ▪ Surrounded by Existing Infrastructure ▪ Low Altitude 600m to 1,600m ASL ▪ Pan American Highway 5km West ▪ Power 12km North ▪ Copiapo City 35km North ▪ Smelter 25km North ▪ Lundin Mining's Candelaria Mine 15km Nor
Slide 6: Las Petacas Copper Project – District Scale Copper System
LAS PETACAS COPPER PROJECT – DISTRICT SCALE COPPER SYSTEM ▪ Right to Earn up to 85% (currently 58%) ▪ 6km of Outcropping Cu Mineralisation ▪ >17km of Drilling & Five Defined Targets ▪ Prospective for IOCG, Skarn & Porphyry Cu Significant Historic Drill Intercepts Include* ▪ 6m @ 1.26% Cu from 20m (n
Slide 7: Las Petacas Copper Project – Walk Up Drill Targets
LAS PETACAS COPPER PROJECT – WALK UP DRILL TARGETS Las Petacas – schematic long section showing extent of exploration ▪ Las Petacas is a Large District Scale IOCG System *historic significant intercepts presented in Appendix 1 ▪ Historical Drilling Intercepted Edge of the System ▪ Drill Ready Progra
Slide 8: Las Petacas Copper Project – Geophysics Highlights Potential
LAS PETACAS COPPER PROJECT – GEOPHYSICS HIGHLIGHTS POTENTIAL ▪ GAIP Survey Completed January 2021 ▪ Multiple Large Chargeability Targets ▪ Geological Mapping Completed ▪ Identified New Cu Mineralisation ▪ Multiple New Drill Targets Identified Historic drilling did not test the anomalies Co-incident
Slide 9: Las Petacas Copper Project – Planned Drilling Programme
LAS PETACAS COPPER PROJECT – PLANNED DRILLING PROGRAMME Strong Cu ▪ 6,000m Drilling Programme Geochem Shallow conductive and chargeable zones ▪ Follow Up Historical Drilling ▪ Expand & Link Mineralised Zones ▪ Targeting Undrilled Anomalies ▪ Testing GAIP & DDIP Anomalies Prop DH1 Prop DH2 Possible 3
Slide 10: Quelon Project – District Scale IOCG
QUELON PROJECT – DISTRICT SCALE IOCG ▪ Right to earn up to 85% ▪ Santiago 240km South ▪ Multiple Targets with Outcropping Cu From 0.05% Cu to 3.43% Cu * ▪ No Previous Drilling ▪ Magnetics & IP Surveys Generated Drill Targets ▪ Prospective for IOCG Mineralisation ▪ Emerging Major IOCG District ▪ Puco
Slide 11: Quelon Project – Excellent Infrastructure
QUELON PROJECT – EXCELLENT INFRASTRUCTURE ▪ Region IV, Coquimbo, Chile ▪ Illapel City 20km South ▪ Los Vilos Port 70km South ▪ Power 50km South ▪ Sealed Road Access ▪ Low Altitude Location Map of Quelon Project Culpeo Minerals Limited Corporate Presentation June 2021 11
Slide 12: Quelon Project – Walk Up Drill Targets
QUELON PROJECT – WALK UP DRILL TARGETS ▪ Commence Drilling Q3, 2021 ▪ Underexplored Region of Chilean IOCG Belt ▪ Targeting Manto & IOCG Mineralisation ▪ Mantos up to 4m Thick, Mapped over >100 m’s Quelon Samples Sample No. Easting Northing RL Cu% Ag g/t Au g/t QE-01 293316 6524136 1162 0.85 10.85 0
Slide 13: Quelon Project – Multiple Large Anomalies
QUELON PROJECT – MULTIPLE LARGE ANOMALIES ▪ Ground Magnetic Survey Identified Large Anomalies ▪ NNW Orientation of Magnetics Related to Cu Mineralisation ▪ IP Survey Identified Drill Ready Chargeability Anomalies Ground Magnetics Plan View Cross Section DDIP results – Resistivity (top) and Chargeabi
Slide 14: Quelon Project – Extensive Historical Mining
QUELON PROJECT – EXTENSIVE HISTORICAL MINING 4 meter wide Copper Manto High Grade Copper Manto Laurita Prospect – Quelon Project La Tabita Prospect – Quelon Project Culpeo Minerals Limited Corporate Presentation June 2021 14
Slide 15: Culpeo Corporate Snapshot
CULPEO CORPORATE SNAPSHOT INDICATIVE CAPITAL STRUCTURE Million USE OF FUNDS – POST-IPO $AUD Shares outstanding 18.98 Existing Cash 534,392 Shares to be issued to Managing Director1 1.50 Capital Raising 6,000,000 Shares to be issued on conversion of Loan2 1.87 TOTAL 6,534,392 Lead Manager Shares3 2.8
Slide 16: Work Programme & Timeline
WORK PROGRAMME & TIMELINE 2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Las Petacas IP Survey Las Petacas Mapping & Sampling Programme Quelon DD Quelon Acquisition Pre-IPO Preparation IPO Las Petacas Drilling Quelon Drilling Quelon Mapping Multi Element Geochemistry Las Petacas Geophysics Que
Slide 17: Experienced Board & Management Team
EXPERIENCED BOARD & MANAGEMENT TEAM Max Tuesley, Managing Director Geologist >30 years’ experience in base metal/gold exploration & mining. Proven track record of successful project & team management, both within Australia & Internationally, working on projects in Mongolia, Sudan, Laos & Philippines
Slide 18: Focused on Near Surface High Grade Copper
FOCUSED ON NEAR SURFACE HIGH GRADE COPPER Copper in Experienced High Grade Drill Ready Chile Team Mineralisation Targets Culpeo Minerals Limited Corporate Presentation June 2021 18
Slide 19: Contact Details
CONTACT DETAILS Max Tuesley, Managing Director Geoff McNamara, Non-Executive Chairman Mobile: +61 416 097 403 Mobile: +65 9754 6095 Email: max.tuesley@culpeominerals.com.au Email: geoff.mcnamara@culpeominerals.com.au Address: Suite 5 | 62 Ord Street | West Perth | WA 6005 Culpeo Minerals Limited Cor
Slide 20: Appendix 1 – Las Petacas Significant Drill Intercepts
APPENDIX 1 – LAS PETACAS SIGNIFICANT DRILL INTERCEPTS Hole Collar Hole Collar Target Hole_ID Northing Easting Elevation Azimuth Dip Hole Depth From (m) To (m) Interval Au (g/t) Cu Total (%) Comments Target Hole_ID Northing Easting Elevation Azimuth Dip Hole Depth From (m) To (m) Interval Au (g/t) Cu
Slide 21: Appendix 2 - Candelaria Comparison
APPENDIX 2 - CANDELARIA COMPARISON Marschik R, Fontbote L 2001 ▪ Cross section Candelaria (top) verses Las Petacas (bottom) same scale. ▪ Previous drilling at Las Petacas has not tested position of mineralisation Culpeo Minerals Limited Corporate Presentation June 2021 21
Slide 22: References
REFERENCES SRK Consulting, 2018. Technical Report for the Candelaria Copper Mining Complex, Atacama Region, Region III, Chile. Prepared for Lundin Mining Corporation. López, G.; Hitzman, M.; Nelson, E. 2014. Alteration patterns and structural controls of the El Espino IOCG mining district, Chile. Mi