Caravel Minerals Limited · ASX:CVV
Caravel Minerals — Investor Presentation (November 2014)
25 slides from Caravel Minerals's investor presentation, Nov 12, 2014
Slide 1: Investor Presentation November 2014
For personal use only Investor Presentation November 2014
Slide 2: Disclaimer, Forward-Looking Statements & Competent Person Statement
DISCLAIMER, FORWARD-LOOKING STATEMENTS & COMPETENT PERSON STATEMENT For personal use only Disclaimer* The*presenta0on*materials*(and*the*contents*of*the*presenta0on)*are*for*informa0on*purposes*only*and*do*not*cons0tute*an*offer*or*invita0on*to*subscribe*for*or* purchase*any*securi0es,*and*neither*th
Slide 3: Gateway to some of Australia's most compelling growth projects
For personal use only Gateway to some of Australia’s most compelling growth project’s Investor Presentation | November 2014 | Page 3
Slide 4: Australian Portfolio
AUSTRALIAN PORTFOLIO For personal use only Projects# Status# Target# Loca1on# Holding# Area# (km2)# Copper,#Gold,# 18#tenements#–#100%## CALINGIRI# Granted# WA,#Australia# 1048.8# Molybdenum# ##2#tenements#–#80%### WYNBERG# Granted# Gold,#Copper# QLD,#Australia# 3#tenements#–#100%# 83.5# Copper,#Gol
Slide 5: Capital Structure
CAPITAL STRUCTURE For personal use only Caravel#Minerals#Major#Shareholders# Shares*Outstanding:** 716*M* Listed*Op0ons:* 226*M* Kingsgate*Consolidated* 18.8%* Unlisted*Op0ons:** 108*M* First*Quantum*Minerals* 11.6%* 1,050*M* Fully*Diluted:* Directors*and*employees* 10.0%* Cash*:* $703k* Waratah*Inv
Slide 6: Calingiri, WA
CALINGIRI, WA For personal use only 30 Km Target Trend 9 major drilled prospects and extensive well defined undrilled priority targets A Significant New Mineralised District within the Yilgarn, 90 mins from Perth Investor Presentation | November 2014 | Page 6
Slide 7: Our Core Focus | Calingiri
OUR CORE FOCUS | CALINGIRI For personal use only Exploration Tonnage Cu Range Mo Range Ag Au CuEq Target Range (Mt) (%) (ppm) Range range (%) (ppm) (ppb) 1 Bindi 85 – 155 0.31 – 0.36 70 – 86 1.3 – 1.8 26 – 28 0.37 – 0.43 2 Dasher 95 – 175 0.32 – 0.39 57 – 68 1.8 – 2.2 40 – 48 0.38 – 0.45 Consolidate
Slide 8: Calingiri | Consolidated Exploration Target
CALINGIRI | Consolidated Exploration Target For personal use only Copper#Mine:#Bulk#Tonnage#Requirements1# • Broad intersections of copper- Development*&*produc0on* molybdenum-silver-gold PFS/*Feasibility* mineralisation Preliminary*economics* • Dasher:1,050m long and open Resource*defini0on*warrante
Slide 9: Calingiri: A Compelling Australian Copper-Moly Project
A Compelling Australian CALINGIRI: For personal use only Copper-Moly Project • This style of bulk-tonnage low-grade deposit has been economically mined globally including North and South America • Ideally located 120km north of Perth. Established infrastructure, local workforce (no fly-in fly-out) a
Slide 10: Wynberg Project, QLD
WYNBERG For personal use only PROJECT, QLD Recent results have significantly 140k upgraded the Inferred potential and resource: prospectivity of the 3.1Mt @ 1.4 project g/t Au Investor Presentation | November 2014 | Page 10
Slide 11: Wynberg Project
WYNBERG PROJECT For personal use only Cloncurry style copper-gold system with high grade outcropping mineralisation Three*Significant*Prospects*with*Further*Explora0on*Growth* Investor Presentation | November 2014 | Page 11
Slide 12: Wynberg "A" Prospect
WYNBERG “A” PROSPECT For personal use only Significant historical intersections including: • 12m @ 7.1 g/t Au from 26 metres • 6m @ 17.1 g/t Au from 22 metres • 26m @ 3.8 g/t Au from 4 metres • 16m @ 3.6 g/t Au from 4 metres • 4m @ 16.5 g/t Au from 25 metres • 30m @ 1.5 g/t Au from 106 metres • 3m @
Slide 13: Wynberg "B" Prospect
WYNBERG “B” PROSPECT For personal use only Robust surface copper-gold anomalies identified from systematic soil samples and semi-continuous zone of outcropping high-grade copper-gold mineralisation over a strike length of 3 Km Investor Presentation | November 2014 | Page 13
Slide 14: Wynberg "C" Prospect
WYNBERG “C” PROSPECT For personal use only Represents the continuation/extension of folded Wynberg A stratigraphy • Surface rock chip grades of up to 50.8% Cu and 13.8g/t Au with associated silver Investor Presentation | November 2014 | Page 14
Slide 15: Bryah Project, WA
BRYAH PROJECT, WA For personal use only • Located ~80km north of Meekatharra – 60km south-west of the Degrussa Copper-Gold Deposit • Initial RC drilling to test two large geochemical anomalies has intersected geology with well defined Degrussa style anomalism Two large multi-element anomalies outlin
Slide 16: Caravel Project Schedule
CARAVEL PROJECT SCHEDULE For personal use only Quarter Objective % Completed Notes CALINGIRI Further reverse circulation and diamond drilling programs at Dasher and Bindi Potential to report new Exploration Targets at priority Q4 14/ Q1 15 extensions, Bindi South, Bindi South-West, 20 prospects. Upg
Slide 17: Management
MANAGEMENT For personal use only MARCEL HILMER Fellow of the Institute of Chartered Accountants and a Member of the Australian Institute of Company Directors with more CEO and Executive Director than 30 years experience in executive management of global public and private groups including 6 years as
Slide 18: Directors
DIRECTORS For personal use only MARCEL HILMER Fellow of the Institute of Chartered Accountants and a Member of the Australian Institute of Company Directors with more CEO and Executive Director than 30 years experience in executive management of global public and private groups including 6 years as
Slide 19: Caravel Investment Summary
CARAVEL An emerging growth story with For personal use only compelling projects in WA and QLD INVESTMENT SUMMARY Calingiri: Two large Exploration Targets defined and 9 substantial copper-moly targets within a 30km strike length Wynberg: Copper-gold results confirm potential of projects located in th
Slide 20: Contact Information
CONTACT Investor Relations: Paul Armstrong or Nicholas Read For personal use only INFORMATION Read Corporate Telephone: +61 8 93881474 Corporate and Operations: Marcel Hilmer, CEO L3, 18 Richardson Street West Perth WA 6005 +61 8 9426 6400 info@caravelminerals.com.au www.caravelminerals.com.au Inves
Slide 21: Appendix
For personal use only APPENDIX
Slide 22: Calingiri: Global Comparable Mines and Exploration Projects
Calingiri: Global Comparable Mines and Exploration Projects For personal use only 600* 0.60* 0.49# 500* 0.50* 0.45# 0.45# 0.45# 0.41# 0.42# 0.40# 0.39# 400* 0.37# 0.40* 0.33# 0.33# 300* 0.28# 0.30* 0.23# 200* 0.20* 100* 0.10* 0* 0.00* Explora0on*Stage:Mt* Mines:*Mt* Cu*Eq.* * * * The Calingiri Proje
Slide 23: Calingiri: Broad Intersections of Copper-Molybdenum-Silver
Calingiri: Broad Intersections of Copper- Molybdenum-Silver For personal use only Hole%ID% %%%%%%%%%%%%%Interval%(m)%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Composite% Cu% Mo% Ag% CuEq% Width%(m)% (excl.%internal% dilution)% %%% %%%%%From%%%%%%%%%%%%%%%%%%%%%To% % (%)% (ppm)% (ppm)% (%)% 1 11CARC
Slide 24: Calingiri: Broad Intersections of Copper-Molybdenum-Silver
Calingiri: Broad Intersections of Copper- Molybdenum-Silver For personal use only Bindi#West#Prospect# Bindi#East#Prospect# Investor Presentation | November 2014 | Page 24
Slide 25: Calingiri: Exploration Targets
Calingiri: Exploration Targets For personal use only Dasher Caravel initially referred to the Dasher Exploration Target in its release of 10 July 2013 (subsequently modified on 2 August 2012) – Exploration Confirms Significant Potential of Calingiri Copper-Molybdenum Project. In a subsequent release
Caravel Minerals — Investor Presentation (November 2014) on 6ix