Conico Ltd · ASX:CNJ
Conico — Investor Presentation (May 2022)
25 slides from Conico's investor presentation, May 12, 2022
Slide 1: Corporate Presentation
Corporate Presentation 12 May 2022 The East Greenland Poly-Metallic Explorer ASX: CNJ
Slide 2: Forward-looking statements disclaimer
Certain statements made during or in connection with this communication, including, without limitation, those concerning the economic outlook for the exploration industry, expectations regarding commodity prices, production, cash costs and other operating results, growth prospects and the outlook of
Slide 3: Investment highlights
Early entrant. Conico has 100% ownership of two Scale. We explore for world-class deposits, a district-scale land positions. requirement for operating in a remote location, and believe our projects contain that potential. Strategic metals. Our projects contain known occurrences of nickel, copper, co
Slide 4: Greenland jurisdiction
European jurisdiction, the interface between North Participates actively in Nordic co-operation, Arctic America and Europe. co-operation, the UN, the WTO, the EU and is a member of the Overseas Countries and Territories Association (OCTA). Significant mineral potential but underexplored – particular
Slide 5: Ryberg and Mestersvig projects
① RYBERG ② ② MESTERSVIG 100% owned. 4,521 km2 100% owned. 1,447 km2 Game-changing regional Contains an historic mine 640 km magnetic-radiometric that produced 545 kt @ survey completed in 2021 9.9% Zn & 9.3% Pb that is ① open along ~13km of strike and at depth Nearby to Major Precious Metals’ (NEO:
Slide 6: Ryberg prospects overview
Ryberg MIKI ① (slides 8-9) Magmatic sulphide occurrences (Cu-Ni-Co-Pd-Au) SORTEKAP ② (slides 10-11) Magmatic sulphide + orogenic gold occurrences (Ni-Co, Au) PYRAMID ③ (slide 12) 2 A significant magnetic bullseye (2021 survey) and gossan at surface. 6 3 CASCATA ④ (slide 13) Layered mafic intrusion d
Slide 7: Ryberg 2022 drilling timeline
Ryberg AUGUST-SEPTEMBER Assay results received and geological interpretation. JULY Drilling continues in conjunctional with field assessment of new JUNE prospects. Drilling commences. Handheld XRF used to identify priority intervals MAY and samples dispatched for analysis on a regular basis. Mobilis
Slide 8: Miki prospect
Ryberg 2022 Proposed Activities: Diamond drilling Mineralisation Style: Magmatic sulphide (Cu-Ni- Co-Pd-Au) Datasets: Electromagnetic (EM) surveys (VTEM 2017 & ground-borne 2020) Multispectral satellite data (2019 & 2020) Rock samples from the Miki Dyke grading up to 2.2% copper, 0.8% nickel, 0.1% c
Slide 9: Miki 2021 drill results and 2022 locations
Ryberg 2021 Drill Results: EM anomalies tested by drilling were found to be pyrrhotite in basement host rock. Drilling did not intersect the Miki Dyke and the magmatic sulphides in the dyke remain to be drill tested. 2022 Drill Locations: Results from the 2021 magnetic-radiometric geophysical survey
Slide 10: Sortekap prospect
Ryberg 2022 Proposed Activity: Diamond drilling Mineralisation Style: Magmatic sulphide (Ni-Co) and orogenic gold Datasets: Rock samples grading up to 0.33% nickel, 0.52% copper, 0.03% cobalt and 2.7g/t gold Multispectral satellite data (2019 & 2020) Induced polarisation (IP) survey (2020) SODD001:
Slide 11: Sortekap 2022 drill locations
Ryberg 2022 Drill Locations: Results from the 2021 magnetic- radiometric geophysical survey, received after the 2021 drilling, provide better definition of geological structure and identified several distinct local anomalies. This data Priority drill has been combined with the IP data, geochemistry,
Slide 12: Pyramid prospect
Ryberg History: A standout magnetic feature from the 2021 magnetic- Zone of radiometric geophysical survey. No gossanous previous field activities are known at weathering Pyramid. Strong magnetic anomalies 2022 Proposed Activity: Field investigation followed by possible diamond drilling. Mineralisat
Slide 13: Cascata prospect
Ryberg Mineralisation Style: Layered mafic intrusion that bears lithological similarity to Major Precious Metals’ adjacent Skaergaard Pd-Au project. Datasets: Multispectral satellite data (2019 & 2020) Surface and drill-hole geochemistry (2021) Layered gabbro from drill-hole CADD001 at Cascata. Magn
Slide 14: Quest and Qiterpiaaneq prospects
Ryberg ⑤ Quest ⑥ Qiterpiaaneq History: Identified within the regional magnetic-radiometric geophysical survey. An obvious magnetic anomaly situated at the interface of underlying basement gneiss and overlying sediments. Datasets: Multispectral satellite data (2019 & 2020) Magnetic-radiometric survey
Slide 15: Ryberg infrastructure
Ryberg The Project area is in an area suitable for mining development on the east Greenland coast at the closest point to Iceland (365km). Drill rigs and fuel on site, ready to drill in 2022 Deep-Water Fjord: ideal for a future port Maintained 600m Airstrip: can be extended to accommodate larger air
Slide 16: Mestersvig brownfields project
Mestersvig Mestersvig Brownfields Project: Containing the historic Blyklippen mine (Zn-Pb ± Ag, Cu) with mineralisation open along strike and to depth. The mine produced 545,000 tonnes of ore @ 9.9% Zn & 9.3% Pb between 1956 and 1962. Critical Mineral: Zinc added to the United States Geological Surv
Slide 17: Mestersvig 2022 drilling timeline
Mestersvig SEPTEMBER Initial assay results anticipated. Continued drilling and AUGUST preparation to depart site late-September. Drilling commences in conjunctional with field assessment of new JULY prospects. Import drill rig(s) and handheld XRF used to identify priority intervals JUNE and samples
Slide 18: Mestersvig prospects
Mestersvig BLYKLIPPEN Historic Zn-Pb ± Ag, Cu mine, vein-hosted SORTEBJERG Vein-hosted Zn-Pb ± Ag, Cu occurrence Blyklippen Historic drilling included 5.2m @ 18.6% Mine combined Zn+Pb Nuldal Oksedal NULDAL Vein-hosted Zn-Cu-Ag occurrence Sortebjerg 2020 surface sample graded up to 69.5% lead, 0.9% c
Slide 19: Mestersvig potential and 2022 activities
Mestersvig Mestersvig has the potential to host a very large mineralised system. Datasets: Surface samples Historic diamond drill-holes from Blyklippen and Sortebjerg EM & magnetic geophysical survey (1997 & 2012) Multispectral satellite data (2020) Gravity geophysical survey (2020) 2022 Proposed Ac
Slide 20: Mestersvig infrastructure
Mestersvig Suitable for mining development on the east coast of Greenland, only 10km from the Mestersvig Military Base. Has an existing harbour and airfield. Traversable by foot/4x4 from the harbour to key prospects All wheel drive vehicles proposed to be imported in 2022 to reduce helicopter use Ex
Slide 21: Board and management
Gregory Solomon Non-Exec. Chairman – Conico Ltd LLB Has practised as a commercial/corporate lawyer for more than 40 years, is managing partner with Solomon Brothers Lawyers and executive director of Tasman Resources. Gregory has a broad range of experience including mining, technology, corporate, co
Slide 22: Technical team
Thomas Abraham-James CEO – Longland Resources Ltd BSc (Hons), FAusIMM (CP Geo), FSEG, FGSL Thomas has over 15 years’ experience in both corporate and technical capacities, educated at the Australian National University. He began his career with Rio Tinto (Argyle Diamonds) before switching to explora
Slide 23: Board, shareholders and capital structure
BOARD: Gregory Solomon (Non-Exec. Chairman) Guy Le Page (Exec. Director) James Richardson (Non-Exec. Director) Douglas Solomon (Non-Exec. Director) COMPANY SECRETARY: Aaron Gates TOP 10 SHAREHOLDERS: BNP Paribas Nominees Pty Ltd 15.4% Tasman Resources Ltd 9.9% BNP Paribas Nominees Pty Ltd 4.7% Dougl
Slide 24: Contact details
Level 15, 197 St Georges Terrace PERTH WA 6000 Australia Postal Address mailroom@conico.com.au PO Box 7055 Cloisters Square WA 6850 Australia www.conico.com.au +61-8-9282-5888 ASX: CNJ 24
Slide 25: Competent Person statement
The information contained in this presentation relating to exploration results relates to information compiled or reviewed by Thomas Abraham-James, a full-time employee of Longland Resources Ltd. Mr. Abraham-James has a B.Sc. Hons (Geol) and is a Chartered Professional (CPGeo) and Fellow of the Aust