Carnaby Resources Ltd. · ASX:CNB

Carnaby Resources — Investor Presentation (January 2022)

15 slides from Carnaby Resources's investor presentation, January 2022

  1. Slide 1: Investor Presentation

    Investor Presentation January 2022

  2. Slide 2: Statements & Disclaimers

    STATEMENTS & DISCLAIMERS Competent Persons Statement The information in this document that relates to the Tick Hill Deposit and Tick Hill ROM Stockpile Mineral Resources is based upon information compiled by Mr Paul Tan. Mr Tan is a full time employee and security holder of the Company and a Member

  3. Slide 3: Company Overview

    COMPANY OVERVIEW Capital Structure1 • ASX Code CNB • Current Share Price $1.62 • Shares on Issue 125.2M Share Price Performance Last 12 Months • Unlisted Options on Issue 5.5M $1.80 $1.60 • Market Capitalisation $203M $1.40 • Cash2 $5.6M $1.20 $1.00 • Top 20, Directors & Management 35.5% $0.80 • Dir

  4. Slide 4: Tier 1 Mining Jurisdiction

    TIER 1 MINING JURISDICTION PROJECTS LOCATED EXCLUSIVELY IN AUSTRALIA IN ESTABLISHED MINING REGIONS Pilbara Gold Projects Greater Duchess Copper and Gold Projects 442km2 tenements 1,022km2 tenements Location: Mallina Basin Pilbara Location: Mt Isa Inlier Greenfields Brownfields Throssel Gold Project

  5. Slide 5: Recent Developments and Highlights

    RECENT DEVELOPMENTS AND HIGHLIGHTS Greater Duchess Copper Gold Project (QLD) • Diamond and RC drilling at the Greater Duchess Copper Gold Project in Mt Isa intersected 41m @ 4.1% copper, representing a potentially major copper gold discovery at Nil Desperandum, a >500m plunging high- grade shoot com

  6. Slide 6: Greater Duchess Copper Gold Project – Mount Isa Inlier

    GREATER DUCHESS COPPER GOLD PROJECT – MOUNT ISA INLIER (CNB: 82.5 – 100%) • The Greater Duchess Copper Gold Project encompasses 1,022 km2 of IOCG prospective tenure located approximately 70 km southeast of Mt Isa. • World class infrastructure including the main Mt Isa railway that runs from Mt Isa t

  7. Slide 7: Greater Duchess Copper Gold Project – Mount Isa Inlier

    GREATER DUCHESS COPPER GOLD PROJECT – MOUNT ISA INLIER (CNB: 82.5 – 100%) • The Greater Duchess Copper Gold Project encompasses over 100 km of IOCG targets north of the Tick Hill gold deposit. • Centered around the historical Duchess copper mining district. • Nil Desperandum Copper Gold Discovery. A

  8. Slide 8: Greater Duchess Copper Gold Project: Nil Desperandum

    GREATER DUCHESS COPPER GOLD PROJECT: NIL DESPERANDUM (CNB: 82.5%) Major Copper Gold Discovery • NLDD044 41m @ 4.1% copper, 0.5 g/t gold from 247m incl 24m @ 6.5% copper, 0.7 g/t gold from 251m incl 9m @ 10.3% copper, 1.2 g/t gold from 264m • Completely open at depth and along strike to the southwest

  9. Slide 9: Nil Desperandum: Highly continuous core zone

    GREATER DUCHESS COPPER GOLD PROJECT: NIL DESPERANDUM (CNB: 82.5%) • Highly continuous core zone of high-grade copper-gold mineralization hosted in a thick tabular (~40m true width) plunging shoot drilled over 500m down plunge and completely open at depth. Slide 9

  10. Slide 10: Greater Duchess Copper Gold Project: Lady Fanny

    GREATER DUCHESS COPPER GOLD PROJECT: LADY FANNY (CNB: 100%) • The Lady Fanny Prospect (Carnaby 100%) is a historical high-grade copper-gold deposit on two relinquished mining leases which were recently amalgamated into Carnaby’s surrounding exploration licence, EMP14366. • >400m of continuous outcro

  11. Slide 11: Lady Fanny: Broad high grade copper gold lodes

    GREATER DUCHESS COPPER GOLD PROJECT: LADY FANNY (CNB: 100%) • Multiple steeply dipping broad high grade copper gold lodes currently defined by drilling over a 200m strike length and completely open along strike and at depth. Slide 11

  12. Slide 12: Duchess Target

    DUCHESS TARGET (CNB: 82.5%) Mount Isa POTENTIAL OPEN PITTABLE MINERAL RESOURCE railway • Duchess Deposit (1900-1940) - produced 205kt grading Duchess Mine 12.5% Cu Ivanhoe produced • Includes Ivanhoe Lode open along strike and at depth 12m @ 2.0% Cu 205kt @ 12.5% Cu with results up to; 7m @ 3.0% Cu

  13. Slide 13: Strelley & Mount Grant – Mallina Basin, Pilbara WA

    STRELLEY & MOUNT GRANT – MALLINA BASIN, PILBARA WA (CNB: 100%) HEMI STYLE INTRUSION HOSTED GOLD MINERALISATION INTERSECTED IN DRILLING • 70 km strike of underexplored ground covering 442 km2 which is only 70 km northeast of De Grey Mining Ltd’s (ASX DEG) Hemi gold deposit, 192Mt @ 1.1g/t for 6.8Moz.

  14. Slide 14: Big Hill Lithium and Gold Project

    BIG HILL LITHIUM AND GOLD PROJECT (CNB: 100%) • Large 1.5 km by 0.5 km lithium soil anomaly with soil results up to 179 ppm Li. • Two parallel gold soil anomalies, each over 2 km in strike within the Berghaus Shear Zone. • Drilling approvals in place and ready to drill. Slide 14

  15. Slide 15: Summary

    SUMMARY Greater Duchess Copper Gold Project (QLD) • Diamond and RC drilling at the Greater Duchess Copper Gold Project in Mt Isa intersected 41m @ 4.1% copper, representing a potentially major copper gold discovery at Nil Desperandum, a >500m plunging high- grade shoot completely open at depth and t

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