Caspin Resources Ltd. · ASX:CPN
Caspin Resources — Investor Presentation (June 2021)
19 slides from Caspin Resources's investor presentation, Jun 2, 2021
Slide 1: Highly Prospective Landholding in Emerging WA Precious and Base Metal Provinces
For personal use only www.caspin.com.au Highly Prospective Landholding in Emerging WA Precious and Base Metal Provinces INVESTOR UPDATE 2 June 2021 Presenter: GREG MILES, CEO ASX CODE: CPN
Slide 2: Disclaimer
DISCLAIMER For personal use only 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 pro
Slide 3: Investment Highlights
Investment Highlights Two highly prospective WA projects + potential $20m contingent payment For personal use only ✓ Exciting new developments from maiden drilling program at Yarawindah Brook Project ✓ First program within a highly prospective land position of 400km2 in an emerging Ni-Cu-PGE belt –
Slide 4: Corporate Overview
Corporate Overview Backed by strategic shareholders and well funded for exploration For personal use only Capital Structure (1 June 2021) Details CPN Share Price Performance Since 1 Jan 2021 VOLUME $3.00 4,000,000 ASX Code CPN Volume Close $ 3,500,000 Total Ordinary Shares on Issue 1 64,991,922 $2.5
Slide 5: Yarawindah Brook (CPN 80%)
For personal use only YARAWINDAH BROOK (CPN 80%) A large strategic land position in the heart of the Emerging New Norcia Nickel Province 5
Slide 6: Prime Position in an Emerging Ni-Cu-PGE Belt
Prime Position in an Emerging Ni-Cu-PGE Belt Strong Foundation for Success For personal use only 400km2 of under-explored magmatic Ni-Cu system Located 40km north of, and within same group of host rocks as Chalice’s Julimar PGE-Ni-Cu-Co-Au Discovery Targeted in 2018 (pre-Julimar discovery) due
Slide 7: Yarabrook Hill an Emerging Prospect
Yarabrook Hill an Emerging Prospect Could this be the next Julimar? For personal use only Only circa 10 holes have tested deeper parts of the host intrusion Critically, most were never assayed for PGE’s But most returned low-level nickel and copper mineralisation, a characteristic of dissemina
Slide 8: Potential New PGE Discovery at Yarabrook Hill
Potential New PGE Discovery at Yarabrook Hill Exciting Observations in First Drill Program For personal use only Targeting sulphide zones identified in past drilling Only two holes to date, designed to provide proof of concept Holes 1.25km apart along strike demonstrates significant scale YAD0
Slide 9: YAD0017
YAD0017 Sulphide zones observed over 250m downhole For personal use only “Julimar-style” sulphides in mafic and ultramafic rocks 9
Slide 10: YAD0018
YAD0018 Sulphide zones observed over 120m downhole For personal use only Importantly, second sulphide zone identified 10
Slide 11: Sulphides Intersected at XC-29
Sulphides Intersected at XC-29 Excellent Start to Drilling Campaign For personal use only Broad sulphide zones intersected in all three holes at XC-29 All the signs of a mineralised system Now waiting for laboratory assays Core photos from YAD0015 at 100.5m (above) and 122.0m (below) 11
Slide 12: Multiple Pathways to Discovery
Multiple Pathways to Discovery What’s in the news pipeline? For personal use only Drilling results from Yarabrook Hill being expedited Follow-up drill planning already underway Evaluation of XC-29 and 9km-long Brassica Trend Soil Geochemistry program on-going. First stage results expected so
Slide 13: The Big Picture: Exploring a New Province
The Big Picture Exploring a New Province For personal use only Collecting data in areas of no previous exploration Approximately half of Yarawindah has never been explored for Ni-Cu-PGE deposits Continue expanding EM and gravity coverage ~2,500 soil samples to date and growing Aim to bring
Slide 14: Mount Squires Gold Project (CPN 100%)
For personal use only MOUNT SQUIRES GOLD PROJECT (CPN 100%) A new frontier gold province 14
Slide 15: Mount Squires Gold Project
Mount Squires Gold Project LARGE SCALE GREENFIELD GOLD PROJECT For personal use only A new gold frontier in the Musgrave Province Large ~750km2 landholding Significant drill results include: 20m @ 1.27g/t Au from 23m, including 7m @ 2.54g/t Au 15m @ 2.30g/t Au from 31m, including 9m @ 3.25
Slide 16: A Large-scale Gold Project
A Large-scale Gold Project Very few greenfield gold projects with potential scale For personal use only Handpump only prospect drilled to date Limited soil geochemistry has identified other gold anomalies along structural corridor Evidence for a camp-scale mineralised belt over 50km 16
Slide 17: A Strategic Nickel-Copper Position
A Strategic Nickel-Copper Position Potential Extension of Well-endowed Mineral Field For personal use only Significant copper mineralisation at One Tree Hill Prospect (OZL) 40m @ 1.2% Cu & 22m @ 1.8% Cu, only 200m outside project boundary Mafic host rocks known to extend into project area Cass
Slide 18: Caspin Investment Highlights
CASPIN INVESTMENT For personal use only HIGHLIGHTS • Yarawindah Brook holding a prime position in Australia’s newest PGE-Ni-Cu district • Exciting drill core observations from Yarabrook Hill, now anticipating assay results • Expecting new targets to emerge from concurrent geochemistry and geophysica
Slide 19: Caspin Resources Limited contact details
For personal use only Caspin Resources Limited Ground Floor, 16 Ord Street West Perth , Western Australia 6005 T: +61 8 6373 2000 E: admin@caspin.com.au W: www.caspin.com.au ASX: CPN https://twitter.com/CaspinRes https://www.linkedin.com/company /caspin-resources-limited 19