Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — Colombian Gold Symposium 2022
16 slides from Lcl Resources's conference presentation, Nov 9, 2022
Slide 1: ASX Announcement: Presentation Colombian Gold Symposium
9 November 2022 ASX Announcement ASX: LCL Presentation Colombian Gold Symposiun For personal use only Los Cerros Limited (ASX: LCL) (Los Cerros or the Company), advises that Managing Director, Jason Stirbinskis is presenting at the Colombian Gold Symposium today and provides the following pack discu
Slide 2: Forward Looking Statements
9 November 2022 ASX Announcement ASX: LCL FORWARD LOOKING STATEMENTS This document contains forward looking statements concerning Los Cerros. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looki
Slide 3: Ready to Capitalise on Our Dominant Position in the Mid-Cauca Gold Belt
For personal use only READY TO CAPITALISE ON OUR DOMINANT POSITION IN THE RICHLY ENDOWED MID-CAUCA GOLD BELT OF COLOMBIA JASON STIRBINSKIS MANAGING DIRECTOR www.andes.com.co NOVEMBER 2022
Slide 4: Nature of This Document
NATURE OF THIS DOCUMENT and no obligation is assumed to update forward looking statements if these beliefs, Company. Mr. Wilson has sufficient experience which is relevant to the style of opinions and estimates should change or to reflect other future developments. mineralisation and type of deposit
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only CAPITAL BOARD OF STRUCTURE DIRECTORS Shares on issue1 650.6 million Ross Ashton Market Capitalisation $15.0 million Non-Executive Chairman Cash2 $11.0 million Jason Stirbinskis Managing Director Enterprise Value (EV) $4.0 million Kevin Wilson EV/Resource Oz3
Slide 6: Los Cerros Projects and Tier Discoveries
Los Cerros Projects and Tier 1 Discoveries1 DOMINENT HOLDING IN TWO REGIONS OF A PROLIFIC COLOMBIAN GOLD BELT Buritica – Zijin Mining: 5.32Moz @ 10.3g/t Au and 21Moz @ 40.8g/t Ag For personal use only Gramalote – B2Gold/AGA: 4Moz @ 0.73gt Au o Advanced 2.6Moz Quinchia Gold Project (100%) Titiribi –
Slide 7: Quinchia Project
QUINCHIA PROJECT QUINCHIA PROJECT AREA OVER Advanced project with further SOILS ASSAYS AND KEY STRUCTURES Mira Cielo exploration potential in the prolific For personal use only mid-Cauca porphyry belt which hosts Dosquebradas Santa Sofia multi-million ounce gold & copper/gold 459koz Resource1 La Lom
Slide 8: Quinchia Project - Drill Intercepts
QUINCHIA PROJECT - DRILL INTERCEPTS For personal use only o Intercepts comparable to the best of our neighbours & some globally noteworthy o 20+ holes exceeding 200 gram.meters, many starting from surface, such as - GRAM. INTERSECTION FROM INCLUDING LOCATION METERS 629m @0.88 g/t Au 553 Surface 460.
Slide 9: Quinchia Project 2.6Moz Resource
QUINCHIA PROJECT 2.6MOZ RESOURCE For personal use only QUINCHIA IN SITU MINERAL RESOURCE ESTIMATE1 TESORITO SECTION VIEW Resource Cut-off Tonnes Au Au Tesorito optimized pit shell Quinchia subzone Category (g/t Au) (Mt) (g/t) (koz) and nested high-grade shell Tesorito Inferred 0.50 50.0 0.81 1,298 D
Slide 10: Quinchia Project - Dosquebradas
QUINCHIA PROJECT – DOSQUEBRADAS DOSQUEBRADAS SECTION VIEW INFERRED RESOURCE2 OF 459KOZ @ 0.71G/T o Recent trenching reveals high grade beyond Resource limit For personal use only 146.6m@1.82g/t Au 1 Tesorito optimized pit shell • 146.6m @ 1.82g/t Au including 34m @ 4.22g/t Au and nested high-grade s
Slide 11: Miraflores Breccia Pipe
MIRAFLORES BRECCIA PIPE QUINCHIA PROJECT MIRAFLORES For personal use only o Central hub of targets over a ~3km radius (hub/spoke model) o Miraflores -Measured and Indicated Mineral Resources of 9.27Mt @ 2.82g/t Au and 2.77g/t Ag for 840koz gold & 826koz silver 1 o Miraflores 2017 DFS - 4.32Mt @ 3.29
Slide 12: Andes Project
ANDES PROJECT Summary of Mo Bi For personal use only As anomalies o 14k surface samples, LIDAR, aeromag (porphyry pathfinders) o 12 targets forming 5 mineralised corridors ~40km of combined strike in mid-Cauca Porphyry Belt over soil grid gold and LIDAR base map o Multiple anomalous zones identified
Slide 13: Robust Target Pipeline
ROBUST TARGET PIPELINE For personal use only RESOURCE PROJECT ESTABLISHED DRILL DRILL DEFINITION/ FEASIBILITY GENERATION TARGET READY TESTING STUDIES = QUINCHIA PROJECT = ANDES PROJECT GIBRALTAR SANTA RITA Numerous areas of interest within SAN AGUSTIN the Quinchia project area for SANTA ISABEL follo
Slide 14: Environmental, Social and Governance - 2021 Activity
ENVIRONMENTAL, SOCIAL AND GOVERNANCE – 2021 ACTIVITY For personal use only EMPLOY LOCAL BE OPEN AND ENGAGE LOCAL TRANSPARENT • 98% Colombian team (128 people) • 56 community briefings, 1,427 attendees • 86% local community • Feedback and complaints process • 33% female. 11% minorities • External rev
Slide 15: For personal use only
For personal use only 13
Slide 16: Advanced Projects with Significant Upside
ADVANCED PROJECTS WITH SIGNIFICANT UPSIDE Prime Location For personal use only Strong cash position to continue to execute detailed growth strategy and grow shareholder value Quinchia - advanced gold project project with attractive economics 0.46Moz Miraflores Reserve + 0.46Moz Dosquebradas Resource