Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (August 2023)
24 slides from Culpeo Minerals's investor presentation, Aug 30, 2023
Slide 1: Copper Development for a Clean Energy Future
For personal use only COPPER DEVELOPMENT FOR A CLEAN ENERGY FUTURE ASX: CPO | OTCQB: CPORF August 2023
Slide 2: Disclaimer
Disclaimer This Presentation and any accompanying verbal Presentation (together the Presentation) has been prepared by Culpeo Minerals Limited (“Culpeo” or “the Company”) and approved by the Board of the Company. The information contained in the Presentation (Information) is a summary only and shoul
Slide 3: Transformational acquisition expands existing copper footprint
NEW PROJECT AREA 1. Fortuna PERU Four key outcropping copper targets - drill ready Vaca Muerta BOLIVIA prospect. Cu Au Mo For personal use only EXISTING PROJECT AREAS CHILE 2. Lana Corina Antofagasta High-grade outcropping copper discovery, 257m @ 1.10% CuEq1. Cu Mo TRANSFORMATIONAL Copiapo 4. Las P
Slide 4: Transaction detail
Transaction detail Transformational Chilean copper acquisition For personal use only 80% interest in the Fortuna Project. HIGHLY Four key outcropping copper targets. COMPLEMENTARY Drill-ready Vaca Muerta prospect. ACQUISITION Areas hosts numerous historic surface and underground mines over HIGH IMPA
Slide 5: Chile: a major copper producer
MINING A KEY MINING REPRESENTS RANKED THE BEST CONTRIBUTOR TO OVER HALF OF THE COUNTRY IN SOUTH THE CHILEAN COUNTRY’S TOTAL AMERICA FOR MINING ECONOMY EXPORTS INVESTMENT For personal use only CHILE A MA J OR P R ODUCE R Cu Cu THE WORLD'S TOP Cu Cu COPPER PRODUCER AND LARGEST COPPER Cu RESERVES HOME
Slide 6: Committed copper mine supply forecast
COMMITTED COPPER MINE SUPPLY FORECAST1 SUPPLY PIPELINE LACKS HIGH- QUALITY, LARGE- MT SCALE PROJECTS Australasia For personal use only Asia WEAK STRONG Africa ACCELERATION OF Europe DEMAND COPPER ELECTRIFICATION South America North America DRIVING SIGNIFICANT S T RON G OUT LOOK MARKET DEFICIT 20 GRO
Slide 7: Investment highlights
A HIGH IMPACT COPPER PORTFOLIO WITH MULTIPLE DRILL READY TARGETS For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS SYSTEMATIC EXPLORATION PROGRAM TO UNLOCK LATENT RESOURCE POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY THE RIGHT TEAM TO DELI
Slide 8: Key Project Detail
For personal use only KEY PROJECT DETAIL
Slide 9: Fortuna
1. Fortuna Complementary acquisition immediately north of Lana Corina discovery • Numerous historic surface and underground mines over a For personal use only strike length of >6km1. • Four high priority outcropping targets: • Vaca Muerta; • Piedra Dura; • La Florida; and • El Quillay. 1. Refer ASX
Slide 10: Fortuna: drill ready targets at Vaca Muerta prospect
1. Fortuna Drill ready targets at Vaca Muerta prospect • Shallow cover with base of For personal use only oxidation approximately 25m deep. • Oxide mineralogy consists of malachite and chrysocolla. • Sulphide zone is dominated by chalcopyrite and bornite. Long section through Vaca Muerta Prospect sh
Slide 11: Lana Corina: high-grade outcropping copper and molybdenum discovery
2. Lana Corina High-grade outcropping copper and molybdenum discovery • Successful 13 hole drilling program intersected For personal use only significant copper and molybdenum mineralisation. • Lana Corina – Breccia Pipe / Porphyry (Cu and Mo): • Successful Maiden Drilling Program: • 257m @ 1.10% Cu
Slide 12: Lana Corina: high-grade outcropping copper and molybdenum discovery
2. Lana Corina High-grade outcropping copper and molybdenum discovery • Successful 13 hole drilling program intersected For personal use only significant copper and molybdenum mineralisation. • Mineralised corridor extends for over 3km to the northeast and approximately 700m deep. • Copper equivalen
Slide 13: Lana Corina: regional potential over 3km of strike
2. Lana Corina Regional potential with outcropping copper targets over 3km of strike For personal use only Lana Corina/Vista Montana long section: Defined targets over >3km of strike (background image is the VOXI 3D magnetic inversion model) (Refer ASX announcement 31 August 2022). CULPEO MINERALS A
Slide 14: Lana Corina - Vista Montana: exploration drilling planned
2. Lana Corina - Vista Montana Exploration drilling planned to test outcropping copper and breccia zones • 600m drilling program planned at Vista For personal use only Montana. • Outcropping copper and breccia zones to be tested. • Surface mapping has identified outcropping mineralisation over an ar
Slide 15: Quelon: multiple outcropping targets up to 3.43% Cu
3. Quelon Multiple outcropping targets up to 3.43% Cu¹ • Located 240km north of Santiago (40km For personal use only south of Lana Corina). • Emerging major IOCG district. • Pucobre’s El Espino Project 8km East - 123Mt @ 0.66% Cu and 0.24g/t Au (López et al, 2014)2. • IP Survey identified multiple d
Slide 16: Las Petacas: along strike from Lundin's Candelaria Mine
4. Las Petacas Along strike from Lundin’s Candelaria Mine • Hosted within the Atacama Fault System For personal use only (AFS), the same regional structure as the large Candelaria Copper/Gold deposit located 15km’s to the north. • Phase 1 drilling program completed confirming the presence of broad z
Slide 17: Board and senior management
Board and senior management Successful track record of discovery, project development and value creation For personal use only Geoff Max Zeffron Paul Sergio McNamara Tuesley Reeves Schmiede Uribe Non-Executive Managing Non-Executive Non-Executive Chilean Country Chairman Director Director Director M
Slide 18: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price (29 August 2023) A$0.04 15% TIGHT REGISTER WITH SUPPORTIVE EXPLORATION- Shares on issue (August 2023) 77.5M 46% FOCUSED SHAREHOLDER BASE 39
Slide 19: Planned schedule
Planned schedule Targeted, high-impact copper exploration drilling Project Activity Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 For personal use only Cu Fortuna Mapping and sampling at Fortuna ■ Cu Fortuna Drill testing at Vaca Muerta ■ ■ Cu Lana Corina Drill testing at Vista Montana ■ Cu Fortuna Mapping an
Slide 20: Investment highlights
A HIGH IMPACT COPPER PORTFOLIO WITH MULTIPLE DRILL READY TARGETS For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS SYSTEMATIC EXPLORATION PROGRAM TO UNLOCK LATENT RESOURCE POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY THE RIGHT TEAM TO DELI
Slide 21: Appendices
For personal use only APPENDICES
Slide 22: Resource details and copper equivalent (CuEq) value calculations
Appendix 1 Resource details and copper equivalent (CuEq) value calculations • Lana Corina Project: refer to ASX announcement “Drilling intersects 169m @ 1.08% Cu up to 3.56% Cu” dated 23 For personal use only November 2022. • Quelon Project: refer to Refer Company’s Prospectus dated 23 June 2021, pa
Slide 23: Competent persons statement
Appendix 2 Competent persons statement The information in this announcement that relates to Exploration Results is based on For personal use only information compiled by Mr Maxwell Donald Tuesley, BSc (Hons) Economic Geology, MAusIMM (No 111470). Mr Tuesley is a member of the Australian Institute of
Slide 24: Contact
For personal use only C O N TAC T LEVEL 48. 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6311 9160 / +61 416 097 403 info@culpeominerals.com.au max.tuesley@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au
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