Slide 1: Investor Webinar Presentation
Investor Webinar Presentation Exploration and Development 13th October 2023
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This presentation has been prepared by Corazon Mining Limited (“Corazon” or “Company”). It contains forecasts and forward looking statements which are not a guarantee of future performance and which involve certain risks. Actual results and future outcomes will in all likel
Slide 3: Competent Persons Statement
COMPETENT PERSONS STATEMENT The information in this report that relates to Exploration Results and Targets is based on information compiled by Mr. Brett Smith, B.Sc Hons (Geol), Member AusIMM, Member AIG and an employee of Corazon Mining Limited. Mr. Smith has sufficient experience that is relevant
Slide 4: A Critical Metals Focus
A CRITICAL METALS FOCUS PROJECT LOCATION BENEFITS OF 1ST WORLD JURISDICTIONS Lynn Lake – Big “Low-Carbon” Project • Large Class-1 Nickel Sulphide resources • Powered by renewable hydro-electricity LYNN LAKE – 100% • Exciting discovery potential NICKEL-COPPER-COBALT Miriam – Nickel-Lithium Project MI
Slide 5: Discovery and Mine Development Opportunities
DISCOVERY AND MINE DEVELOPMENT OPPORTUNITIES AGRESSIVE DUAL FOCUS Canada Canada Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides Looking at the redevelopment Exploring a large fertile of large resources within the magmatic sulphide system – historical Mining Centre close to Lynn Lake LYNN
Slide 6: Lynn Lake Historical Mining Centre
LYNN LAKE HISTORICAL MINING CENTRE LOOKING TO BUILD A LOW-CARBON, LOW-COST, LONG-LIFE MINING OPERATION Community Support Services Canada Canada Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides Looking at the redevelopment Exploring a large fertile of large resources within the magmatic su
Slide 7: Lynn Lake Historical Mining Centre
LYNN LAKE HISTORICAL MINING CENTRE LOOKING TO BUILD A LOW-CARBON, LOW-COST, LONG-LIFE MINING OPERATION New resource estimations are being completed incorporating Canada Canada new knowledge and additional drill data from 1970’s grade Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides contro
Slide 8: Exploration Drilling – A Catalysis for Value Appreciation
EXPLORATION DRILLING – A CATALYSIS FOR VALUE APPRECIATION MULTIPLE OPPORTUNITIES FOR DISCOVERY Canada Canada Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides Exploration drilling at Fraser Lake, targeting new Looking at the redevelopment Exploring a large fertile compelling geophysical an
Slide 9: Fraser Lake Complex – Exploration Focus
FRASER LAKE COMPLEX – EXPLORATION FOCUS A LARGE NICKELIFEROUS INTRUSIVE COMPLEX – TWICE AS LARGE AS THE MINING CENTRE’S “A-PLUG” Canada Canada Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides Looking at the redevelopment Exploring a large fertile of large resources within the magmatic sul
Slide 10: Fraser Lake Complex
FRASER LAKE COMPLEX EXTENSIVE SULPHIDE MINERALISATON DISCOVERED BY CORAZON’S DRILLING Mineralised Matrix Trend – Best Results 88.5m @ 0.22% Ni & 0.11% Cu Matrix Trend – primary focus for CZN’s exploration to date 56.1m @ 0.43% Ni & 0.18% Cu Incl 22.6m @ 0.70% Ni & 0.35% Cu Exploration has defined ex
Slide 11: Fraser Lake Complex
FRASER LAKE COMPLEX MODERN GEOPHYSICS CRITICAL IN UNLOCKING DISCOVERIES UNDER COVER AT LYNN LAKE Aerial magneto-telluric (MT) (2020) and gravity (2022) surveys have unlocked the internal structure of the Fraser Lake Complex intrusives High-powered innovative 3D ground induced polarisation (IP) and M
Slide 12: Fraser Lake Complex
FRASER LAKE COMPLEX MODERN GEOPHYSICS CRITICAL IN UNLOCKING DISCOVERIES UNDER COVER AT LYNN LAKE Matrix Trend IP Chargeability Anomaly (Disseminated Sulphides) Adjacent Conductive Pipe New 3D IP+MT Survey Drill Hole Intercepts 1. 34.54m @ 0.32% Ni from 36m NEW TARGET 2. 25.63m @ 0.66%Ni from 258m MT
Slide 13: Miriam Project – Western Australia
MIRIAM PROJECT – WESTERN AUSTRALIA REGION OF GROWING LITHIUM PEGMATITE SIGNIFICANCE Canada Canada Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides Looking at the redevelopment Exploring a large fertile of large resources within the magmatic sulphide system – historical Mining Centre close
Slide 14: Miriam Nickel Sulphide Project
MIRIAM NICKEL SULPHIDE PROJECT Discovered in 1969 – drilling identified a ‘high nickel tenor’ within komatiite hosted massive and disseminated sulphide – minimal nickel exploration over the past 20 years Multiple ultramafic channel horizons over a 2.5 km strike Miriam Deposit discovery drilling 1969
Slide 15: Miriam Lithium Prospect
MIRIAM LITHIUM PROSPECT Lithium in Soil Geochemical Image Recent discovery of outcropping spodumene (lithium) bearing weathered (depleted) pegmatite assaying as high as 1.85% Li2O (ASX announcement 17 January 2023) Evidence for multiple pegmatite occurrences – under shallow soil cover Small geochemi
Slide 16: Mt Gilmore Copper-Gold-Cobalt-Silver Project
MT GILMORE COPPER-GOLD-COBALT-SILVER PROJECT DISTRICT SCALE EARLY EXPLORATION PLAY – PROSPECTIVE FOR LARGE PORPHYRY COPPER-GOLD DEPOSITS Canada Canada The Mt Gilmore Cu-Au-Co Project hosts a +20km Lynn Lake Ni-Cu-Co Sulphides Fraser Lake Ni-Cu-Co Sulphides trend with mineral geochemical characterist
Slide 17: Mt Gilmore
Geology + Copper 21.6 %Cu in Soils Image 361 ppmAg 0.64 %Cu MT GILMORE 176 ppmCo 0.17 g/t Au 294 ppmMo 0.78 %Cu 148 ppmCo 10.75 %Cu 0.12 g/tAu 180 ppmCo 0.11 g/tAu + 20 km strike 74.7 ppmAg 0.41 %Cu 0.52 %Zn 409 ppmCo Multiple high-grade rock assays 0.82 g/tAu High cobalt content 5.04 %Cu 0.35 %Zn “
Slide 18: Corazon Mining Limited – At a Glance
CORAZON MINING LIMITED – AT A GLANCE Capital Structure – ASX:CZN Issued Shares 615m Unlisted Options/Rights (1) 25.31m Market Cap (@ $0.012/share) $7.38m Cash (June 2023 Quarterly) $2.49m 52W High $0.031 Low $0.010 Shareholder Composition Daily Average Volume Traded 460k Number of Shareholders 2,507
Slide 19: Corazon Mining Limited
CORAZON MINING LIMITED A stable and driven company with market support that has built quality advanced nickel sulphide projects in a very challenging market Right commodities – perfect timing Well funded exploration and resource development programs Primary Nickel Supply/Demand Balance (Kt Ni) (1) 1
Slide 20: For further information, please contact
Website LinkedIn For further information, please contact: Brett S Smith Managing Director Corazon Mining Limited Telephone: +61 8 6166 6361 Email: info@corazon.com.au Website: corazon.com.au