Slide 1: Company Presentation
For personal use only Company Presentation 30th March 2017 LEVEL 1, 329 HAY ST, SUBIACO WA 6008 | PO BOX 8187, SUBIACO EAST WA 6008 | +61(8) 6142 6366 | INFO@CORAZON.COM.AU | WWW.CORAZON.COM.AU
Slide 2: Important Notice
Important Notice For personal use only Looking Forward Statement This presentation has been prepared by Corazon Mining Limited (“Corazon”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future
Slide 3: Exploration Success On Two Fronts
Exploration Success On Two Fronts For personal use only Mt Gilmore Lynn Lake Cobalt-Copper-Gold Nickel-Copper-Cobalt Large hydrothermal Control of entire mining alteration system centre Extensive occurrences Beneficial infrastructure of mineralisation and large remnant Very little modern resources e
Slide 4: Corporate Overview
Corporate Overview For personal use only ASX: CZN 0.06 600,000,000 Daily Volume Traded On-Market Daily Close Price - CZN Total Ordinary Shares on Issue 899.43m 0.05 500,000,000 Daily VolumeTraded On-Market Options on issue 19.7m 0.04 400,000,000 Close Price (A$/share) Market Capitalisation ($0.027/s
Slide 5: Mt Gilmore Project
For personal use only Mt Gilmore Project 5
Slide 6: Mt Gilmore Project: Project Opportunity
Mt Gilmore Project For personal use only Project Opportunity Recently recognised potential for large intrusive-related copper-gold systems (eg. Cadia, Mt Morgans) Very little modern exploration – extensive historical copper-gold workings Early target - advanced drill-defined cobalt dominant sulphide
Slide 7: Mt Gilmore Prospectivity
Chromite in Mt Gilmore Prospectivity For personal use only mafics Au-Sb-W In granite Mafic Intrusive Mt Gilmore Trend Felsic Intrusive Large hydrothermal alteration footprint – numerous historical Cu-Au workings Extensive field evidence of targeted models - tourmaline breccia hosted Cu-Au deposits,
Slide 8: Mt Gilmore – Cobalt Ridge
Mt Gilmore – Cobalt Ridge For personal use only From Interval Hole ID Hole Type Depth (m) (m) Co % Cu % Au g/t CuEq % Corazon Drilling Results MGRCD001 Core 165 13 0.18 0.54 0.17 1.72 incl 1 1.12 1.96 0.81 9.11 Identified zonation in cobalt/copper/gold MGRCD004 Core 128.3 3 0.54 1.83 0.17 5.13 miner
Slide 9: Mt Gilmore – Cobalt Ridge Next Steps
Mt Gilmore – Cobalt Ridge For personal use only Next Steps Extend geochemical and Flintoff’s Cobalt Target geophysical coverage at Cobalt Ridge East Target Cobalt Ridge – targeting additional drilling Initial metallurgical test- work on Cobalt Ridge is very encouraging with Cobalt Ridge West Target
Slide 10: Lynn Lake Project
For personal use only Lynn Lake Project 10
Slide 11: Lynn Lake Historic Mining Centre
Lynn Lake Historic Mining Centre For personal use only How it was Raglan Lynn Lake Prolific Canadian Ni producing region Voiseys Bay “Sheritt-Gordon” 24 year mining operation – 1953 to 1976 Production – 18.4 Mt @ 0.86% Ni & 0.44% Cu Including EL Plug 1.7 Mt @ 2.5% Ni & 1.15% Cu Production rate - 1 M
Slide 12: Corazon Controls Entire Mining Centre
Corazon Controls Entire Mining Centre For personal use only Corazon Project Activities May 2010 - Corazon acquires Lynn Lake Exploration ground - surrounding mining centre and including the historic satellite mine – the EL Mine June 2010 – Exploration commences October 2010 – Maiden resource for EL
Slide 13: Lynn Lake Project – Regional Geology
Lynn Lake Project – Regional Geology For personal use only Emslie, R.R. and Moore, J.M. 1961 Lynn Lake – Geologically Unique Circular to ellipsoidal form of the intrusions, punctuated with smaller “pipe-like” massive sulphide bodies suggests Lynn Lake A Plug is central to a major mantle magmatic plu
Slide 14: Lynn Lake Mine Area
Lynn Lake Mine Area For personal use only 0 km 0.5 km Large Mineralised System + 20 Orebodies N Large remnant resources and drill defined mineralisation A Plug A Shaft – development opportunity Current JORC resource grades comparable to historical production grades Exciting opportunity for the disco
Slide 15: Lynn Lake - Target Generation
Lynn Lake - Target Generation For personal use only Obvious Potential For Additional Resources Emslie, R.R. and Moore, J.M. 1961 Within Mining Centre HUGE REGIONAL POTENTIAL EL Deposit 1947 discovery hole A Plug 183m @ 4.7 %Ni & 1.7 %Cu Target Generation EL Plug Modern exploration techniques and a
Slide 16: Fraser Lake Complex – Magmatic Framework
Fraser Lake Complex – Magmatic Framework For personal use only Priority Target Chemically and Historical Drilling structurally similar to Lynn Lake Country Rock Fertile for Ni-Cu Xenoliths sulphides FLC Outline Twice as large as Lynn Lake Source of magma and CZN Drilling feeder-zone identifi
Slide 17: Fraser Lake Complex – Compelling Anomalies
Fraser Lake Complex – Compelling Anomalies For personal use only Priority Target IP geophysics effective Historical Drilling exploration method for Lynn Lake Ni-Cu-Co Country Rock deposits Xenoliths Large IP Chargeable FLC Outline anomaly defined at FLC Coincident with “Feeder- Zone” extension
Slide 18: Matrix Trend - IP Anomaly - Sulphide Rich
Matrix Trend - IP Anomaly - Sulphide Rich For personal use only Fertile Magmatic Sulphide Historical Environment Drilling Drilling within Matrix Trend has identified extensive pervasive Country Rock sulphide mineralisation Xenoliths Little doubt the IP anomaly is caused by Ni-Cu-Co magmatic sulp
Slide 19: Matrix Trend – New Target Area
Matrix Trend – New Target Area For personal use only Fertile Magmatic Sulphide Environment Drilling within Matrix Trend has identified extensive pervasive sulphide mineralisation Little doubt the IP anomaly is caused by Ni-Cu-Co magmatic sulphides Multiple pulses of sulphide rich magma identif
Slide 20: Matrix Trend – New Target Area: Depth Potential
Matrix Trend – New Target Area For personal use only Depth Potential Historical Drilling Gravity identifies the new target area as having potentially deep roots and a strong vertical component Country Rock This compares to the flat “sheet-like” Xenoliths and settling features seen to date in the
Slide 21: Matrix Trend – New Target Area: Near-Surface Potential
Matrix Trend – New Target Area For personal use only Near-Surface Potential Historical Drilling IP anomalies in the new target area are coincident with magnetic highs The Ni-Cu-Co mineralisation at Lynn Country Rock Lake is magnetic due to its Xenoliths association with magnetic pyrrhotite Gro
Slide 22: Matrix Trend - IP Anomaly - Sulphide Rich
Matrix Trend - IP Anomaly - Sulphide Rich For personal use only FLC-2017-003 – Semi-Massive Sulphide FLC-2017-008 FLC-2017-010 FLC-2017-003 – Leopard Rock FLC-2017-010 FLC-2017-010 – Massive Sulphide FLC-2017-002 FLC-2017-010 – Massive Sulphide
Slide 23: Lynn Lake Ni-Cu-Co Project Next Steps
Lynn Lake Ni-Cu-Co Project For personal use only Next Steps Maintaining a focus on drilling the Feeder Zone (Matrix Trend Anomaly) of the FLC New Exploration Work Permits required for drilling of the new targets within the FLC Applications already submitted Expected approval by mid-April 2017 Defini
Slide 24: Corazon's Key Attributes
Corazon’s Key Attributes For personal use only Project Quality Two exceptional projects with demonstrated prospectivity Both have the capacity for large mineral deposits Active Exploration Programme Proven explorer with a quality, dedicated, incentivised team Two active exploration programs – multip
Slide 25: For personal use only
For personal use only LEVEL 1, 329 HAY ST, SUBIACO WA 6008 PO BOX 8187, SUBIACO EAST WA 6008 +61(8) 6142 6366 INFO@CORAZON.COM.AU WWW.CORAZON.COM.AU