Corazon Mining Limited · ASX:CZN

Corazon Mining — RIU Explorers Conference 2017

21 slides from Corazon Mining's conference presentation, Feb 22, 2017

1. Slide 1: Company Presentation

   Fremantle WA For personal use only Company Presentation 22nd - 23rd February 2017 LEVEL 1, 329 HAY ST, SUBIACO WA 6008 | PO BOX 8187, SUBIACO EAST WA 6008 | +61(8) 6142 6366 | INFO@CORAZON.COM.AU | WWW.CORAZON.COM.AU

2. Slide 2: Important Notice

   Important Notice For personal use only Looking Forward Statement This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future

3. Slide 3: Exploration Success On Two Fronts

   Exploration Success On Two Fronts For personal use only Mt Gilmore Lynn Lake Cobalt-Copper-Gold Nickel-Copper-Cobalt Cobalt Ridge - high- Large nickel field 100% grade cobalt dominant controlled by CZN deposit with significant Exploration underway to expansion potential confirm potential new Ni- Cob

4. Slide 4: Corporate Overview

   Corporate Overview For personal use only ASX: CZN Total Ordinary Shares on Issue 813.4m Options on issue 20m Market Capitalisation ($0.045/share) $36.60m Trading Range (1 year) $0.003-$0.050 Average Daily Trading Volume 19.5m Cash (as at 31 Dec 2016) $1.9m Board of Directors Shareholders Clive Jones

5. Slide 5: Mt Gilmore Project

   For personal use only Mt Gilmore Project 5

6. Slide 6: Mt Gilmore Project

   Mt Gilmore Project For personal use only CZN Earning 80% equity Location Brisbane QUEENSLAND Currently 51% equity in Project $2M earn-in over 3 years (+1yr extension) Mt Gilmore Project Small periodic payments All costs covered by CZN until decision to mine – PACIFIC OCEAN with subsequent standard c

7. Slide 7: Mt Gilmore Prospectivity

   Chromite in Mt Gilmore Prospectivity For personal use only mafics Au-Sb-W In granite Mafic Intrusive Mt Gilmore Trend Felsic Intrusive Large hydrothermal alteration footprint – numerous historical Cu-Au workings Extensive field evidence of targeted models - tourmaline breccia hosted Cu-Au deposits,

8. Slide 8: Mt Gilmore – Cobalt Ridge

   Mt Gilmore – Cobalt Ridge For personal use only From Interval Hole ID Hole Type Depth (m) (m) Co % Cu % Au g/t CuEq % Corazon Drilling Results MGRCD001 Core 165 13 0.18 0.54 0.17 1.72 incl 1 1.12 1.96 0.81 9.11 Zonation in cobalt/copper/gold mineralisation MGRCD004 Core 128.3 3 0.54 1.83 0.17 5.13 U

9. Slide 9: Mt Gilmore – Cobalt Ridge Next Steps

   Mt Gilmore – Cobalt Ridge For personal use only Next Steps Flintoff’s Cobalt Target Cobalt Ridge East Target Extend geochemical and geophysical coverage at Cobalt Ridge – targeting additional drilling Metallurgical test-work on Cobalt Ridge drill chips underway Cobalt Ridge West Target Commence regi

10. Slide 10: Lynn Lake Project

    For personal use only Lynn Lake Project 10

11. Slide 11: Lynn Lake Historic Mining Centre

    Lynn Lake Historic Mining Centre For personal use only How it was Major Nickel Mines Raglan Prolific Canadian Ni producing region Voiseys Lynn Lake Bay “Sheritt-Gordon” 24 year mining operation – 1953 to 1976 Production A Plug – 18.4 Mt @ 0.86% Ni & 0.44% Cu EL Plug – 1.7 Mt @ 2.50% Ni & 1.15% Cu Pr

12. Slide 12: Lynn Lake Mine Area

    Lynn Lake Mine Area For personal use only 0 km 0.5 km Large Mineralised System + 20 Orebodies N Substantial remnant resources and drill defined A Plug A Shaft mineralisation – development opportunity Current JORC resource grades comparable to historical production grades Exciting opportunity for the

13. Slide 13: Lynn Lake - Data Mining

    Lynn Lake - Data Mining For personal use only +70 Years of Exploration & 24 Years of Mining Inherited data predominantly pre-computers - paper format Drilling - mostly mine & resource focused Approximately 9,000 known drill holes digitally captured “New” zones of mineralisation already identified Ge

14. Slide 14: Lynn Lake Mine Area

    Lynn Lake Mine Area For personal use only 0 km 0.5 km MODERN EXPLORATION METHODS N DELIVER RESULTS WITHIN MINE AREA A Plug A Shaft 2008  Disco (Maxwell) - Western Areas NL (ASX: WSA) 18m @ 1.5% Ni, 0.70% Cu & 0.040% Co from 96m Farley Shaft 2010  Tango – Independent Nickel Corp (TSXV:INI) Plan of

15. Slide 15: Lynn Lake - Target Generation

    Lynn Lake - Target Generation For personal use only HISTORICAL GEOPHYSICAL DATA Lynn Lake Geology Emslie & Moore 1959 A HUGE WINDFALL FOR CORAZON EL Deposit 1947 discovery hole A Plug 183m @ 4.7 %Ni & 1.7 %Cu REGIONAL TARGET GENERATION EL Plug  Modern exploration techniques and a new understanding

16. Slide 16: Fraser Lake Complex – Magmatic Framework

    Fraser Lake Complex – Magmatic Framework For personal use only PRIORITY TARGET Aeromagnetic Image Historical  Chemically and Drilling structurally similar to Lynn Lake  Fertile for Ni-Cu Country Rock sulphides Xenoliths  Twice as large as Lynn Lake  Source of magma and Matrix HC IP Anomaly feede

17. Slide 17: IP Geophysics - Effective Exploration Tool

    IP Geophysics - Effective Exploration Tool For personal use only PRIORITY IDENTIFIED Gradient Array IP Chargeability Image Historical  +20 Priority 1 targets Drilling  Matrix high-chargeability anomaly a standout Country Rock  +600m strike & open Xenoliths  Aligned with ‘feeder zone”  Chargeabi

18. Slide 18: CZN Drilling – Extensive Sulphide Intersected

    CZN Drilling – Extensive Sulphide Intersected For personal use only Country Rock Xenoliths Historical Drilling Matrix HC IP Anomaly Outline Off-Hole DHEM Conductors Hole FLC-2017-002 Extensive Sulphide Mineralisation Hole FLC-2017-003 Massive Magmatic Sulphides Hole FLC-2017-001 VTEM Anomaly Sulphid

19. Slide 19: FLC – Next Steps

    FLC – Next Steps For personal use only EXTENSION OF TARGET ZONE Country Rock Xenoliths Historical  Extending IP southwest of Matrix HC IP Drilling Anomaly – covering the Feeder Zone  Completing “walk-mag” and VLF over the Matrix HC IP target and extensions Matrix HC IP Anomaly Outline DRILLING  R

20. Slide 20: Corazon's Key Attributes

    Corazon’s Key Attributes For personal use only Project Quality Two exceptional projects with demonstrated prospectivity in key, demand-driven commodities Both projects have the capacity for large economic mineral deposits Active Exploration Programme Proven explorer with a quality, dedicated, motiva

21. Slide 21: For personal use only

    For personal use only LEVEL 1, 329 HAY ST, SUBIACO WA 6008 PO BOX 8187, SUBIACO EAST WA 6008 +61(8) 6142 6366 INFO@CORAZON.COM.AU WWW.CORAZON.COM.AU

Corazon Mining — RIU Explorers Conference 2017 on 6ix