Cannindah Resources Limited · ASX:CAE
Cannindah Resources — Shareholder Meeting (November 2015)
19 slides from Cannindah Resources's shareholder meeting presentation, Nov 24, 2015
Slide 1: Executive Chairman's Presentation to the Annual General Meeting
ASX RELEASE 24 November 2015 EXECUTIVE CHAIRMAN’S PRESENTATION TO THE ANNUAL GENERAL MEETING 24 November 2015 The attached presentation will be provided to the Company’s Annual General Meeting by the Executive Chairman Mr Tom Pickett. For further information, please contact: Tom Pickett Executive Ch
Slide 2: 2015 Annual General Meeting
2015 Annual General Meeting ASX:CAE
Slide 3: Disclaimer
Disclaimer This presentation includes certain forward looking statements, estimates and projections with respect to the future performance of Cannindah Resources Limited. Such statements, estimates and projections reflect various assumptions concerning anticipated results, which assumptions may prov
Slide 4: Corporate
Corporate • ASX Code: CAE • Share Price: 1.7c • Shares on Issue: 92.2M • Market Cap.: $1.5M • Cash (maintain low cash burn): $15k (at 30 Oct) • Board & Management • Tom Pickett (Exec Chairman) • John Hamilton (Non-Exec Director) • Laurie Johnson (Non-Exec Director) • Adam Colrain (Non-Exec Director)
Slide 5: Corporate continued
Corporate continued • During the year the company continued its stated objective of completing more exploration work on the Mt Cannindah project • This work identified new areas of interest and provided confirmation of geological concepts and outlined exploration target estimates across a number of
Slide 6: Funding
Funding • Aquis Finance Pty Ltd provided a $2m facility • Backed by the Fung family of Hong Kong • Aquis group has numerous business and property interests in Australia including Canberra Casino within ASX listed Aquis Entertainment Limited • Aquis Finance have confirmed their support for the divers
Slide 7: Projects and future
Projects and future • Mt Cannindah Project • Mt Borium • Mining exploration sector is suffering less than favourable conditions presently • Company looking at other asset classes including but not limited to the following areas:- - Agriculture - Property - Food storage and transport infrastructure -
Slide 8: Mt Cannindah Project
Mt Cannindah Project • 9 mining leases surrounded by 3 EPMs • Close to port of Gladstone (100km to the North) • Monto township is located 25km away to the North East • Large copper and gold system • Mineralised systems have been historically poorly tested at depth by drilling • Similarities in style
Slide 9: Project location
Project location Cannindah Resources Ltd 2015
Slide 10: Target estimate overview
Target estimate overview • Exploration target estimates are uncertain and conceptual in nature and there is no guarantee that any resource will come from the continued exploration of these areas with drilling, they are based on the estimated target from the trenching and other ground based explorati
Slide 11: 2015 review
2015 review • $2m funding facility (Aquis Finance pty ltd) • Over 1000m of trench sampling assayed and reported • Over 168 line kilometres of ground based geophysics • Over 394 soil samples assayed and reported • More than 122 rock chips assayed and reported • Production of a new 105 page geological
Slide 12: Trench Sampling on Appletree prospect at Mt Cannindah
Trench Sampling on Appletree prospect at Mt Cannindah
Slide 13: Previous defined
Previous defined Cannindaks East i il 2 2. r e ; —_ ‘ e Historical drilling Note —————— Fvenih: Gold pathfinders (Geochem signature) : SN Ag-As-Bi-Sb-U-W-Cu-Pb-2n-Cd N Cannindah Resources — _—~ Limited aroma Seen t Trenching (2014-2015) ‘Terra Search MGA94 256 on Little Wonder-Cannindah East <iammP
Slide 14: Mt Cannindah Project
| | SkarnTarget | anoaen oa ‘Scree gravel becs wanscorted sot Bose (Copper) / Tertiary — | sinc ce . Ses = - Andesticdyter —— Cannindah Resources Limited if TT | aa | | 1 i ly
Slide 15: Magnetic Features and Linear Trends – Mt Cannindah
Magnetic Features and Linear Trends – Mt Cannindah
Slide 16: Soil Sample Results Plotted on Ground Magnetics – Apple Tree and Kalpower Targets
Soil Sample Results Plotted on Ground Magnetics – Apple Tree and Kalpower Targets
Slide 17: Barrimoon: a major 4km long ENE striking high level structure
Barrimoon: a major 4km long ENE striking high level structure
Slide 18: Summary
Summary • 2016 will bring a new dimension to the company as a result of new asset classes being pursued on top of resources • A number of opportunities were evaluated throughout the year in terms of the Mt Cannindah Project with significant listed national and international counterparties with confi
Slide 19: Thank you
Thank you Cannindah Resources Ltd 2015
Cannindah Resources — Shareholder Meeting (November 2015) on 6ix