Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — Investor Presentation (February 2023)
18 slides from Lcl Resources's investor presentation, Feb 28, 2023
Slide 1: Shareholder Presentation
28 February 2023 ASX Announcement ASX: LCL Shareholder Presentation Los Cerros Limited (ASX:LCL) (Los Cerros or the Company) is pleased to provide the attached For personal use only investor presentation. The presentation follows the announcement of a capital raise via right issue released on the AS
Slide 2: Jason Stirbinskis, Managing Director
1 For personal use only JASON STIRBINSKIS MANAGING DIRECTOR 27 FEBRUARY 2023 Photo: Mike Doyle
Slide 3: Nature of This Document
NATURE OF THIS DOCUMENT and no obligation is assumed to update forward looking statements if these beliefs, Company. Mr. Wilson has sufficient experience which is relevant to the style of opinions and estimates should change or to reflect other future developments. mineralisation and type of deposit
Slide 4: Los Cerros Limited Overview
LOS CERROS LIMITED OVERVIEW For personal use only • Diversified metals – Cu, Ni, Au • Diversified regions - PNG/Colombia • Prime regional geology – Arc/Arc normal structures in established mineral provinces • 2.6Moz Au Resource including 0.47Moz Reserve1 - Quinchia Colombia • Focus on high impact ex
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only CAPITAL STRUCTURE BOARD OF DIRECTORS Shares on issue1 715.7 million Ross Ashton Non-Executive Chairman Market Capitalisation $28.6 million Jason Stirbinskis Cash2 $8.4 million Managing Director Unlisted options3 91.4 million Kevin Wilson Non-Executive Directo
Slide 6: Ono Project - Kusi Work Plan
1 ONO PROJECT - KUSI WORK PLAN For personal use only “The capacity for considerable gold tenor within the high grade Kusi skarns is very exciting, with news flow in the short term”.
Slide 7: Kusi 2023 Exploration Plan
KUSI 2023 EXPLORATION PLAN GOLD, COPPER AND SILVER POTENTIAL BEYOND LOCAL AREA OF ACTIVITY! For personal use only • KUSI 3,000M DRILLING TARGETING MARCH ‘23: VALIDATION OF HIGH GRADE TRENCHING AND DRILLING • KUSI TRENCHING AND PROSPECTING UNDERWAY: GAUGE POTENTIAL REGIONAL SCALE OF GOLD/COPPER OXIDE
Slide 8: Kusi Section - Gold, Copper, Silver, Lead, Zinc
KUSI SECTION - GOLD, COPPER, SILVER, LEAD, ZINC! SKARN AND MODELLED PORPHYRY For personal use only 7 See ASX Release 25.11.22. The Company confirms that it is not aware of new information that affects the information contained in the original announcement.
Slide 9: Veri Veri Prospect
1 VERI VERI PROSPECT High grade nickel For personal use only sulphide target Creek float of high-grade nickel sulphide and garnierite (Ni – Oxide) 23.3% Ni, 10.6g/t Au Sample 5787. See ASX Release 25.11.22. The Company confirms that it is not aware of new information that affects the information con
Slide 10: Veri Veri - Mafic/Ultramafic Complex
VERI VERI - MAFIC/ULTRAMAFIC COMPLEX WITHIN PAPUAN ULTRAMAFIC BELT For personal use only • 100km ESE of Port Moresby and 50km NE of Kupiano port 1.4g/t Au, 11.8% Ni • Prospective for high grade nickel sulphide • Field work Q1 Sample ID Easting WGS Northing Ni % Au g/t Mo ppm Co ppm WGS FT5780 680804
Slide 11: Ubei Project
1 UBEI PROJECT Vein hosted and For personal use only porphyry copper gold Seeking JV Partner Copper/gold polished sample from Ubei Target. Chalcopyrite-silica-arsenopyrite-pyrite. 9.5% Cu, 156g/t Au Sample 0047. See ASX Release 25.11.22. The Company confirms that it is not aware of new information t
Slide 12: Ubei Central to a Potential 60km Copper Trend
UBEI CENTRAL TO A POTENTIAL 60KM COPPER TREND ON LCL GROUND For personal use only Dada: 40veins/m. UBIE PORPHYRY TARGET (NOT DRILLED) 96m @ 0.42g/tAu Highly anomalous, extensive surface Geochem’ over circular EM feature bodes well for significant porphyry discovery. LIAMU COPPER TREND ▪ Potential 60
Slide 13: Ubei ISS Vein Corridors
UBEI ISS VEIN CORRIDORS1 SIMILAR MINERALISATION STYLE TO KAINANTU MINE, TSX LISTED K92 Ubei EM late Drill Hole UB21DD001(1) For personal use only time adTau UB21DD003(3) LION – DISTAL ISS TARGET (NOT DRILLED) UB21DD004(4) ROCK CHIPS: ▪ FT0061 9.3% Cu, 100 g/t Au image Puma mineralised ▪ PFT001 9.4%
Slide 14: Imou Project
1 IMOU PROJECT Copper/gold in For personal use only ‘elephant country’ Seeking JV Partner Project details sourced from company websites. Los Cerros has not independently verified the information. See ASX Release 17.02.23. The Company confirms that it is not aware of new information that affects the
Slide 15: Imou Project - Q2 Work Program
IMOU PROJECT Q2 WORK PROGRAM FOCUS ON HIGH GRADE For personal use only IMOU PORPHYRY Extensive shallow porphyry gold Not intercepted causative pulse yet 305.3M @ 0.65% Cueg from 4.7m including 14m @ 4.51% Cueq from 186m (IM19DD001) EPITHERMAL TARGETS Michael’s Creek & Bikaru targets. Encouraging sur
Slide 16: Los Cerros Projects and Tier Discoveries
1 Los Cerros Projects and Tier 1 Discoveries1 DOMINENT HOLDING IN TWO REGIONS OF A Buritica – Zijin Mining: 5.32Moz @ 10.3g/t Au and 21Moz @ 40.8g/t Ag PROLIFIC COLOMBIAN For personal use only Gramalote – B2Gold/AGA: 4Moz @ 0.73gt Au Titiribi – Gold Mining Inc: 6.2Moz @ 0.68g/t Au GOLD BELT and 654.
Slide 17: Working with Communities to Realise the Advanced Quinchia Project
WORKING WITH COMMUNITIES TO REALISE THE ADVANCED QUINCHIA PROJECT For personal use only QUINCHIA IN SITU MINERAL RESOURCE ESTIMATE1 Resource Cut-off Tonnes Au Au Quinchia subzone Category (g/t Au) (Mt) (g/t) (koz) Tesorito Inferred 0.50 50.0 0.81 1,298 Dosquebradas Inferred 0.50 20.2 0.71 459 Mirafl
Slide 18: Path Forward
1 Focus on high impact exploration across PNG PATH FORWARD Cu, Ni, Au targets while work continues on the established Quinchia Resource. Significant PNG portfolio across 3000m diamond drilling at Kusi - March’23 For personal use only Cu, Au, Ni in highly prospective regions Expanded team of experts