Caravel Minerals Limited · ASX:CVV
Caravel Minerals — Investor Presentation (July 2020)
10 slides from Caravel Minerals's investor presentation, Jul 1, 2020
Slide 1: New Exploration Project Areas
ASX Release: 1 July 2020 NEW EXPLORATION PROJECT AREAS Highlights • Exploration Licence applications over three new, 100% owned projects in South West Yilgarn • New application over Nickel-Copper-PGM target at Toolbrunup • Extension of Dalwallinu Cu-Au exploration project • Drilling planned to comme
Slide 2: Brookton Cu-Au (Zn) Project
Caravel Copper Project, are related to these types of convergent plate boundaries within the associated volcanic arcs and series of such deposits may be distributed along such boundaries over large distances. These types of settings are host to most of the world’s largest copper and gold projects, s
Slide 3: Caravel Copper Project: Ninan and Opie areas
Following landowner consultations the initial work programme will comprise shallow auger drilling to sample through the regolith. Subject to results of the auger drilling confirming the surface sampling anomalies it is expected the area will be surveyed with EM for direct targeting of magmatic sulph
Slide 4: Investor Presentation: Exploration Projects
Investor Presentation Exploration Projects July 2020
Slide 5: Focus on South West Yilgarn
Focus on South West Yilgarn Caravel has added a number of new projects to our land holding around Wongan Hills, securing Caravel Cu, Au targets that have been under evaluation over past 18 months Dalwallinu – Cu, Au Julimar Pd-Ni Surface geochemical anomalies and strong magnetic alteration, targets
Slide 6: Emerging Mineral Province
Emerging Mineral Province Dalwallinu Yilgarn Terrane • Recent discovery by Chalice of Ni-PGM at Julimar has highlighted the potential for new Caravel Cu, Au discoveries in the South West Yilgarn • In addition to the Caravel porphyry copper Julimar Pd-Ni Magmatic Arc deposits the region is also host
Slide 7: Dalwallinu Project
Dalwallinu Project • Located 50km north of Caravel Copper Project on the same major structural trend • On margin of large, multi-phase granite intrusive complex • Strong magnetite alteration • Anomalous copper and gold in regional sampling • No previous exploration for copper (only iron and bauxite)
Slide 8: Brookton Project
Brookton Project • Cu prospect first explored in 1970’s – 80’s by Otter and Shell Cu ppm • No significant work since 80’s • Similarities in mineralisation to Caravel, Ninan prospect. Caravel Cu, Au • Over 6km trend of anomalous Cu with ~3km strike of gossanous horizon • Airborne EM planned for next
Slide 9: Toolbrunup Project
Toolbrunup Project • Magnetic anomaly with similarity appearance to Julimar sill complex, similar geological setting • Anomalous Cu and Ni in regional surface sampling • Very anomalous Ni, Cu and Pt from surface sampling over anomaly, not followed up • Landowner engagement in process • Planned auger
Slide 10: Caravel Copper Project
Caravel Copper Project Targeting higher grade ores at Ninan and Opie • Review of potential for higher grade ores Overview of prospects within the Wongan Batholith within the Caravel Project area has identified targets at Ninan and Opie prospect • Ninan targets - coincident EM anomalies and high Cu,