Caspin Resources Ltd. · ASX:CPN
Caspin Resources — Shareholder Meeting (November 2023)
17 slides from Caspin Resources's shareholder meeting presentation, Nov 16, 2023
Slide 1: Caspin Resources Ltd Annual General Meeting
For personal use only CASPIN RESOURCES LTD Annual General Meeting 16 November 2023 Greg Miles, Managing Director ASX: CPN | www.caspin.com.au
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not
Slide 3: Corporate Overview
CORPORATE OVERVIEW Backed by strategic shareholders and well funded for exploration CAPITAL STRUCTURE (15 November 2023) MAJOR SHAREHOLDERS (15 November 2023) Unlisted Options & Chalice Gold Mines Ltd 8.7% For personal use only ASX Code Shares on Issue Performance Rights1 Tinci (HK) Limited 5.9% CPN
Slide 4: Advancing Exploration Across Two Projects
Advancing Exploration Across Two Projects Technical achievements during 2023 MOUNT SQUIRES PROJECT Ni-Cu Au REE For personal use only First-ever discovery of Rare Earth Element mineralisation in the region 12km strike extension of magmatic Ni-Cu sulphide host rocks along West Musgrave Corridor
Slide 5: Mount Squires Project (CPN 100%)
For personal use only MOUNT SQUIRES PROJECT (CPN 100%) Large scale greenfield gold, REE and base metal project 5
Slide 6: A strategic position with multi-commodity prospectivity
A strategic position with multi-commodity prospectivity • Rare Earth Elements: New discovery, a first for the province For personal use only • Nickel & Copper: Only 10km along strike from A$1.7B Nebo-Babel mine development by BHP and recognised targets • Gold: 40km structural trend with demonstrated
Slide 7: West Musgrave Magmatic Sulphide Corridor
West Musgrave Magmatic Sulphide Corridor Looking for the next Nebo-Babel Deposit • Nickel and copper deposits are potentially large (>1Mt contained 7 For personal use only metal), but obscured by desert sands, requiring multiple phases of exploration • Caspin has recognised prospects with similar ch
Slide 8: Extension of High Grade Heavy Rare Earths at Duchess
Extension of High Grade Heavy Rare Earths at Duchess The first discovery of REE in the province • Significant results from first RC drill For personal use only program include: 27m @ 0.70% TREO from 42m Including 12m @ 1.15% TREO from 55m (MSRC0003) Comprising 1,662ppm Nd2O3, 404ppm Pr6O11, 325ppm
Slide 9: Heavy REE are the most important in the basket
Heavy REE are the most important in the basket A strategic point of difference for Mount Squires For personal use only All REE are critical, but dysprosium & terbium Magnets Dysprosium have the greatest leverage and terbium to future demand Source: The trading opportunity that could create resilienc
Slide 10: Next Steps
Next Steps • Evaluating next tier of geochemical and geophysical Ni-Cu anomalies For personal use only Particularly under thicker cover with more subtle signatures Redwood (along strike from One Tree Hill) remains to be fully tested • Rare Earth opportunity continues to evolve – Duchess probably
Slide 11: Yarawindah Brook Project (CPN 80%)
For personal use only YARAWINDAH BROOK PROJECT (CPN 80%) Discovering PGE-Ni-Cu in the emerging West Yilgarn Province 11
Slide 12: Strong Foundations For Success
Strong Foundations For Success A large, strategic position in the emerging West Yilgarn PGE-Ni-Cu Province For personal use only Delineation of a large body of PGE-Ni-Cu mineralisation at the Serradella Prospect with similarities to the nearby Chalice Mining (ASX:CHN) Gonneville PGE-Ni-Cu Deposi
Slide 13: A Large Magmatic Sulphide System
A Large Magmatic Sulphide System Many opportunities for discovery … • Discovered a significant For personal use only body of mineralisation at Serradella • Continuing to search for near-surface, high-grade (massive sulphide) PGE- Ni-Cu mineralisation Re-evaluating EM targets at Serradella, along s
Slide 14: Lithium Opportunity
Lithium Opportunity - Utilising existing data to evaluate lithium potential • More than just a concept: For personal use only Suitable source rocks in a greenstone setting Historical exploration identifies Li pathfinders Caspin geochemistry data identifies Li anomalies in suitable geological s
Slide 15: Next Steps
Next Steps Many opportunities for discovery • Continue to search for near-surface, high-grade PGE-Ni-Cu For personal use only mineralisation Re-evaluating EM targets at Serradella, along strike from Peridotite Lode Developing new targets, such as Balansa Brassica Shear Zone, mostly un-explored
Slide 16: Looking Forward to 2024
Looking Forward to 2024 • Fundamentals are sound - two projects with camp-scale potential in emerging regions with enormous strategic value. Rare opportunities in the junior sector For personal use only • Priority position in the West Musgrave with the team that discovered, drilled out and oversaw t
Slide 17: Caspin Resources Limited
For personal use only CASPIN RESOURCES LIMITED Ground Floor, 675 Murray Street West Perth, Western Australia 6005 T: +61 8 6373 2000 E: admin@caspin.com.au W: www.caspin.com.au ASX: CPN 17
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