Caravel Minerals Limited · ASX:CVV
Caravel Minerals — Shareholder Meeting (November 2020)
17 slides from Caravel Minerals's shareholder meeting presentation, Nov 26, 2020
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 26 November 2020 www.caravelminerals.com 1
Slide 2: Disclaimer
Disclaimer For personal use only Cautionary Statement This presentation has been prepared by Caravel Minerals (“Caravel”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in
Slide 3: Corporate Overview
Corporate Overview For personal use only Capital Structure ASX ticker CVV Share price (25 November 2020) 9.5c Top Shares on issue (post November placement) 287M Holders Unlisted options (8c strike) 21M Market capitalisation (undiluted) $27M Cash (26 November 2020 – post placement) $4.1M Debt Nil 6-m
Slide 4: Caravel Minerals Strategy
Caravel Minerals Strategy For personal use only • Develop the flagship Caravel Copper Project – Complete Feasibility Studies (PFS in next 12 months) – Positioning for strong copper price • Pursue exploration opportunities in South West Yilgarn Terrane – Early mover advantage – Selective targeting, l
Slide 5: Well positioned for rising copper prices
Caravel Copper Project For personal use only Well positioned for rising copper prices – Located 150km NE Perth – One of Australia’s largest undeveloped copper projects – Large-scale, long-life project in close proximity to high-quality infrastructure – Recently completed Scoping Study confirms poten
Slide 6: Australia's Largest Copper Deposits
Australia’s Largest Copper Deposits Resource Contained Capacity For personal use only Primary Grade Copper Copper Property Name Commodity Owners Resource (tonnes) (% Cu) (tonnes) (tpa) Geologic Ore Body Type Olympic Dam Copper BHP Group (Owner) 100% 11,136,000,000 0.720 80,454,500 160,300 IOCG Brecc
Slide 7: Mineral Resource Estimate
Mineral Resource Estimate For personal use only Schematic cross section of the Bindi copper deposit showing interpreted mineralised fold hinge and drilling intersections. www.caravelminerals.com
Slide 8: Next months: Brownfield Exploration and PFS Activities
Caravel Copper Project – next 6 months For personal use only Brownfield Exploration • Ninan Central – extensions to known Cu-Au mineralisation zone • Dasher – follow-up new footwall ore zone • Bindi – extensions to resource in hinge zone Critical/Long Lead PFS Activities • Environmental studies/appr
Slide 9: South West Yilgarn Terrane: Emerging Mineral Province
South West Yilgarn Terrane Emerging Mineral Province For personal use only – Julimar discovery has highlighted the exploration potential of the South-West Yilgarn Terrane – Already host to Boddington – Australia’s largest gold mine (6th globally) – Regional scale copper anomaly follows the SW Terran
Slide 10: Regional Database
Regional Database Caravel’s regional database provides a unique For personal use only advantage in identifying new opportunities – ~250,000 sample points, with ~100,000 from Dominion database collected 1998 – 2011 by sampling along public roads – Main focus was gold. Copper deposits at Wongan Hills
Slide 11: Cost Effective and Rapid Exploration Methods
Cost Effective and Rapid Exploration Methods Good logistics, year-round access and easy sample collection from regolith using auger or shallow drilling. For personal use only – – The region has very little fresh outcrop, most areas are deep weathered with leached profiles up to 50m thick, especially
Slide 12: Toolbrunup Project
Toolbrunup Project – EL application, 100% Caravel Minerals. For personal use only – Located between Tambellup and Gnowangerup – Very anomalous Ni, Cu and Pt geochemistry from limited regional surface sampling – No previous exploration on the main anomaly, no drilling Toolbrunup Project TMI magnetic
Slide 13: Toolbrunup Project
Toolbrunup Project For personal use only – Similar scale and style of magnetic anomaly to Gonneville/Julimar intrusion – Simple and low cost geological, geochemical 20 km 20 km and geophysical evaluation – Land access discussions underway, reconnaissance completed Toolbrunup Project TMI magnetic ano
Slide 14: Mt William
Mt William Option and Farm-in JV with Round Oak Minerals, CVV For personal use only earning 51% – Very prominent large magnetic feature – Located 110km south of Perth – EL application E70-2338 – Located in State Forest, previously logged – No conservation areas or reserves within area of interest –
Slide 15: Mt William
Mt William Comparison of airborne magnetics at the Mt William (left) and Gonneville (right) intrusives For personal use only – Magnetic anomaly similar in at the same scale (TMI, RTP magnetic image, GSWA) style and setting as Gonneville/Julimar – Apparent chonolith body with discrete layering. – Sim
Slide 16: Work Plan
Work Plan Caravel Copper Project For personal use only – Continue low cost, critical path and long lead activities. – Continue engagement with potential funding partners. – Targeted drilling to test upside in current resource models e.g. Bindi east limb. Brownfields Exploration – Testing targets for
Slide 17: Summary and Key Points
Summary and Key Points For personal use only – Caravel Copper Project is a company making project – Set to become a long-life, low-cost, low-risk copper producer – One of very few large copper projects globally that are low risk technically and in low-risk jurisdiction – Well positioned for expected
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