Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Cygnus Gold — Shareholder Meeting (May 2018)
13 slides from Cygnus Metals's shareholder meeting presentation, May 25, 2018
Slide 1: High grade gold in SW Western Australia
For personal use only High grade gold in SW Western Australia James Merrillees Managing Director Presentation to AGM May 25, 2018
Slide 2: Cautionary statements
Cautionary statements For personal use only This presentation contains summary information about Cygnus Gold Limited (Cygnus or the Company). The information in this presentation is of general background and does not purport to be complete. Forward looking statements This presentation may contain ce
Slide 3: Investment highlights
Investment highlights For personal use only • Experienced team of mine finders and developers • New targeting approach in under-explored region with numerous high grade gold prospects - ~8,000km2 tenement package • Recent IPO leveraged to exploration success: Early drilling success on Stanley (20km
Slide 4: About us
About us James Merrillees - Managing Director For personal use only James is a professional geologist with more than 20 years’ global experience in minerals exploration and development. He has wide experience leading teams exploring and evaluating precious and base metals throughout Australia, Europ
Slide 5: High grade gold in the Wheatbelt, WA
High grade gold in the Wheatbelt, WA 2 ~8,000km in underexplored greenstone terrane For personal use only • Significant ground position for gold exploration in the Southwest Terrane within the prolific Yilgarn Craton • Poorly explored due to widespread post-mineral cover and limited geophysical data
Slide 6: Bottleneck - shallow, high-grade gold
Bottleneck - shallow, high-grade gold1 First core holes drilled at Stanley For personal use only • BNDD001 • 9.5m @ 29.2 g/t Au from 36.7m (incl 2.4 m @ 114 g/t Au) • BNDD003 • 10.9m @ 15.1 g/t Au from 24.7m (incl. 4.8 m @ 34 g/t Au) • BNDD006 (fresh rock) • 6m @ 3.3 g/t Au from 157.5m (incl. 2 m @
Slide 7: Stanley - multiple high-grade prospects, 100% Cygnus
Stanley - multiple high-grade prospects, 100% Cygnus >20 km strike length of prospective greenstone geology, limited deep drilling For personal use only • Bottleneck 1 • BNDD001: 9.50m at 29.20 g/t Au • BNDD003: 10.9m @ 15.1 g/t Au (incl. 4.8m @ 34 g/t Au) • Stanley Hill 2 • 3m @ 3.77 g/t Au • Brays
Slide 8: Gold Road joint ventures
Gold Road joint ventures Experienced technical partner For personal use only • Cygnus managing three JV projects covering ~5,000km2 • 2018 activity (subject to approvals): • Gravity surveys (targeting mafic host rocks) • Surface sampling • AC and RC drilling • Wadderin/Lake Grace Earn-in JVs: • GOR
Slide 9: Progress since IPO January 2018
Progress since IPO 15 January 2018 ~7,400m drilling completed to date For personal use only • Ongoing drill programs • New JV with Gold Road at Yandina • Additional tenement applications in the southwest • Detailed ground gravity at Stanley • Target generation and field work on 100% & JV ground resu
Slide 10: 2018 Exploration
2018 Exploration Active exploration on existing and new projects For personal use only • Stanley drilling results pending: • RC drilling completed (2,975m) testing high grade targets identified in previous diamond drilling. Assays to be reported in coming weeks • 600m diamond drilling ongoing testin
Slide 11: Exploration programs
Exploration programs For personal use only IPO May 2018 12 month program DD, RC & AC Drilling, RC/DD Drilling, AC Drilling STANLEY Expanded geophysical AC Drilling new targets new targets surveys Database, targeting, Regional geochemistry, AC/RC drilling, Initial recon, land GOLD ROAD JVs geophysics
Slide 12: Capital & shareholder structure
Capital & shareholder structure For personal use only Capital Structure Pre – IPO Shares 30,683,341 Shares Issued at IPO 30,000,000 Shares on Issue post IPO 60,683,341 Market Capitalisation (@ $0.18) $10.9m Cash (at 31 March 2018) ~$4.9m Shareholder Structure Shares % Resource Capital Funds (RCF) 9,
Slide 13: Cygnus Gold - Contact
Cygnus Gold - Contact For personal use only James Merrillees Managing Director – Level 3, 20 Parkland Rd, Osborne Park, WA 6017 PO Box 2215, Churchlands, WA 6018 – E: j.merrillees@cygnusgold.com T: +61 8 9489 2680 W: www.cygnusgold.com 13