Conico Ltd · ASX:CNJ
Conico — Investor Presentation (October 2021)
26 slides from Conico's investor presentation, Oct 25, 2021
Slide 1: Corporate Presentation
For personal use only Corporate Presentation 25 October 2021 The East Greenland Poly-Metallic Explorer CONICO 1
Slide 2: Cautionary Statement
Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS: For personal use only Certain statements made during or in connection with this communication, including, without limitation, those concerning the economic outlook for the exploration industry, expectations regarding com
Slide 3: Greenland project overview map
G re e n lan d MESTERSVIG For personal use only ✓ 100% owned 1,447 km2 RYBERG ✓ Blyklippen historic Pb-Zn Mine: (1949-1965), 545Kt @ 9.9% Zn, 9.3% Pb ✓ 100% owned. 4,521 km2 ✓ Sediment hosted Pb-Zn-Cu-Ag deposit with ✓ Sortekap Prospect: >2g/t Au surface rock 13km strike potential supported by previ
Slide 4: Greenland: A World Class Opportunity
GREENLAND: For personal use only A World Class Opportunity ✓ 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
Slide 5: Why Conico?
WHY CONICO? For personal use only Greenland is known for its mineral wealth and being under-explored, yet there are only two operating mines. Our approach is to make new discoveries by conducting methodical exploration activities over large tracts of land, looking for high-grade, high-tonnage deposi
Slide 6: A Top Licence Holder
A TOP 5 LICENCE HOLDER For personal use only 12,000 Conico is the 4th 10,000 largest licence holder in Greenland, 8,000 with the Ryberg and Mestersvig Projects covering a 6,000 combined area of 5,968km2. 4,000 2,000 - Greenfields Anglo American Bluejay Mining Conico Ltd AEX Gold Exploration Ltd CONI
Slide 7: Board of Directors
BOARD OF DIRECTORS For personal use only 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 in
Slide 8: Staff
STAFF Thomas Abraham-James For personal use only 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)
Slide 9: Company Snapshot
COMPA NY S NA PS HOT BOARD: Gregory Solomon (Non-Exec. Chairman) For personal use only 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 12.6% Tasman Resources Ltd 9
Slide 10: Ryberg Project
RYBERG PROJECT For personal use only EA S T GREENLA ND CONICO 8 Drill core from MIDD001 @ 118.3m depth
Slide 11: Ryberg: Geology
RYBERG: GEOLOGY Rift Valley Basin setting For personal use only • Kangerlussuaq Basin, Cretaceous-Paleocene (1km exposed, total thickness unknown) • Overlain by plateau basalts that have mostly been eroded, Palaeogene • Underlain by gneiss/amphibolite, Archaean Project Setting: Represents the erosio
Slide 12: Ryberg: Geophysics
RYBERG: GEOPHYS ICS Survey Type: Helicopter magnetic and radiometric. For personal use only Contractor: New Resolution Geophysics (NRG), South Africa. System: Xplorer single sensor magnetometer stinger and real-time gamma-ray spectrometer. Survey Specifications: 200m east-west line spacing (100m at
Slide 13: Ryberg: Miki Prospect
RYBERG: MIKI PROS PECT Mineralisation Style: Magmatic sulphide (Cu-Ni-Co-Pd-Au) For personal use only 2021 Drill Programme: The first time Miki has been drilled, targeting electromagnetic (EM) conductors. A total of 8 drill-holes were completed, for a combined 2,021m drilled. 2021 Results: Assays du
Slide 14: Ryberg: Sortekap Prospect
RYBE RG: SO RT E KAP P R O SP E CT Mineralisation Style: Orogenic gold. For personal use only 2021 Drill Programme: The first time Sortekap has been drilled, targeting induced polarisation (IP) conductors. A total of 3 drill-holes were completed, for a combined 847m drilled. 2021 Results: Assays due
Slide 15: Ryberg: Cascata Prospect
RYBE RG: CASCAT A P RO SP E CT Mineralisation Style: Volcanic-Sedimentary Hosted Massive Sulphide (VHMS). For personal use only 2021 Drill Programme: The first time Cascata has been drilled, targeting stratigraphically-hosted sulphide mineralisation observed at surface. A total of 2 drill-holes were
Slide 16: Ryberg: Proposed Activities
RYBERG: PROPOS ED 2 02 2 A CT IV IT IES For personal use only The results from the 2021 field season are awaited, however it is anticipated that positive assays will be followed up with additional drilling. The regional magnetic-radiometric survey is also anticipated to generate additional targets w
Slide 17: Ryberg: Logistics
RYBERG: LOGIS T ICS The Project area is in an area suitable for mining For personal use only development on the east Greenland coast, the closest point to Iceland (365km). ✓ Deep-water fjord, ideal for a port. ✓ Airstrip can be extended to accommodate larger aircraft (Dash-8). ✓ Site: Adjacent to la
Slide 18: Mestersvig
For personal use only MESTERSVIG CONICO 13
Slide 19: Mestersvig: Historic Mine
MES T ERSV IG: HIS T ORIC MINE For personal use only Historic Mining: the mine was called ‘Blyklippen’ (lead rocks in English) and produced a total of 545,000 tonnes of ore @ 9.3% Pb and 9.9% Zn between 1956 and 1962. The mined-out sulphide lens was 2-10m thick, 300m long and 160 m high. Mining was
Slide 20: Mestersvig: Geology
M E S T E R SV IG : G E OLOG Y Local Geology: dominated by Carboniferous, Permian and Triassic sediments intruded by Palaeogene dolerite sills and dykes For personal use only Towards the south, the area is bordered by the Palaeogene Werner Bjerge Complex, in the west, it is bordered by a major regio
Slide 21: Mestersvig: Work Conducted
MES T ERSV IG: WORK COND UCT ED For personal use only In 2020 the Company successfully conducted a ground-borne gravity survey to identify the location of veins carrying base metal sulphides that are obscured from surface. Surface sampling and mapping in 2020 identified mineralisation at Nuldal grad
Slide 22: Mestersvig: Proposed Activities
MES T ERSV IG: PROPOS ED 2 02 2 A CT IV IT IES For personal use only This has the potential to be a very large mineralised system. The objectives are to assess: ✓ Whether the mineralisation at Sortebjerg joins that at Blyklippen (therefore a strike length of 13km). ✓ Whether the mineralisation at Nu
Slide 23: Mestersvig: Logistics
MES T ERSV IG: LOGIS T ICS For personal use only Suitable for mining development on the east coast of Greenland, only 10km from the Mestersvig Air Base. ✓ Has an existing harbour ✓ Traversable by foot/automobile from the harbour to key prospects ✓ Existing air field ✓ Existing underground workings ✓
Slide 24: A Giant Opportunity
A GIANT OPPORTUNITY ✓ TARGETS: Ryberg + Mestersvig give exposure to multi-commodity For personal use only opportunities with large scale. ✓ RYBERG: ✓ Three prospects were drilled for the first time in 2021. ✓ Assays due in November 2021. ✓ Fuel and drill rigs are on site, ready for an early start in
Slide 25: Conico Contacts
CONICO CONT A CT S For personal use only Level 15, 197 St Georges Terrace Thomas Abraham-James PERTH WA 6000 CEO Longland Resources Australia tom@longlandresources.com Postal Address Guy Le Page PO Box 7055 Exec. Director Conico Cloisters Square WA 6850 glepage@conico.com.au Australia mailroom@conic
Slide 26: Competent Persons Statement
COMPET ENT PERS ONS S T A T EMENT For personal use only 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