Cassius Mining Ltd · ASX:CMD
Cassius Mining — Investor Presentation (November 2017)
46 slides from Cassius Mining's investor presentation, November 2017
Slide 1: Together, Breaking New Ground
TOGETHER, BREAKING NEW GROUND
Slide 2: Disclaimer
DISCLAIMER The purpose of this presentation is to provide general information about Cassius Mining Limited (the “Company”). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates may also contain information that has not been inde
Slide 3: The Opportunity
THE OPPORTUNITY
Slide 4: Who Is Cassius Mining Limited?
WHO IS CASSIUS MINING LIMITED?
Slide 5: Who Is Cassius Mining Limited?
WHO IS CASSIUS MINING LIMITED? ASX Listed Mining Co. (CMD) Advanced Stage Gold Exploration Large Scale Licensed Project in Upper East Region in Ghana Also hold a significant fully licenced limestone asset in Madagascar
Slide 6: Project Background
PROJECT BACKGROUND
Slide 7: Project Background
PROJECT BACKGROUND De Blocking of small scale area Large Scale Licence Issued in Dec 2016 Have developed strong relationships in Ghana (Government and Local) Tremendous levels of engagement with Local Community
Slide 8: Licence Acquisition
LICENCE ACQUISITION
Slide 9: Licence Acquisition
LICENCE ACQUISITION ON 23 November 2017, Cassius Mining Limited announced the acquisition of the whole 13.79km2 large scale licence area The Licence Area is an integral piece of the regional puzzle And therefore represents a very interesting opportunity for investment
Slide 10: The Team
THE TEAM
Slide 11: The Team
David Chidlow Peter Gleeson Project Managers and Project Technical Director Senior Consultant Geologist Locally Experienced Geos
Slide 12: Geology
GEOLOGY
Slide 13: ne Project ©
ee 2 z ne Project © * AS Shaanxi , 3 Project ‘
Slide 14: Early Stage Exploration
EARLY STAGE EXPLORATION Significant Results from Initial Exploration Program include (lengths are along hole, at -60 deg inclination): PHASE 1 PHASE 2 3m @ 5.03 g/t (from 0m) 1m @ 17.27 g/t (from 22m) 5m @ 4.83 g/t (from 14m) 1m @ 29.10 g/t (from 8m) 5m @ 4.38 g/t (from 130m) 2m @ 2.95 g/t (from 40m
Slide 15: Early Stage Exploration
EARLY STAGE EXPLORATION Initial drilling program has identified a strike length of approximately 1.5 kms within a 5m - 30m wide mineralised and altered shear zone, extending at least 500m down dip at approximately 35˚ Multiple shallow significant intersections encountered in the mineralised and alte
Slide 16: Geological Overview of the Gbane Project
GEOLOGICAL OVERVIEW OF THE GBANE PROJECT with
Slide 17: Excellent Exploration Address
EXCELLENT EXPLORATION ADDRESS
Slide 18: Gbane Project Geological Map
[HRM cranitoias Gbane Project Geological Map LeceND
Slide 19: Gbane Drilling Summary
GBANE DRILLING SUMMARY Hole ID Length (meters) Grade (Au ppm) GDD001 12 2.4 GDD001 10 2.9 GDD010 6 6.85 GDD010 5 6.16 GRC017 6 1.42 GDD032 5 2.89 GDD002 3 2.33 GRC017 4 2.57 GDD012 5 1.78 GDD011 1 29.1 GDD025 1 17.27 GDD009 4 2.3 GRC055 4 2.3 Plus over 30 intersection of 1m > 1/gt gold
Slide 20: Gbane Mineralisation
GBANE MINERALISATION Gold occurs in quartz carbonate veins hosted in highly altered and sheared meta-volcanics Controlling shears zone are not simple tabular sheets These have a concentrated footprint but contain significant amounts of metal Style of mineralisation analogous to Namdini
Slide 21: Gbane Mineralisation
GBANE MINERALISATION GDD032. Part of intersection 68 – 73m (5 metres) at 2.89g/t Au. Shows intense alteration and quartz veining in sheared meta-volcanics
Slide 22: Gbane Mineralisation
GBANE MINERALISATION A A B B 3-D view looking NNW of Gold grade isosurface at 0.3 g/t Au
Slide 23: Gbane Economic Potential
GBANE ECONOMIC POTENTIAL The mineralisation at Gbane is most likely formed of shallow plunging shoots Shoots may have strike lengths of 200 to 300 meters (or more) but relatively narrow widths (perhaps only 40 to 50 meters However a single shoot has the potential to contain significant gold
Slide 24: Gbane Economic Potential
GBANE ECONOMIC POTENTIAL Numerous shoots associated with fold hinges probably occur within the area It is certain that the adjacent Shaanxi Mine is exploiting such shoots Only approximately 10% of area explored to date Exploration priority is to identify the major fold noses that may contain bigger
Slide 25: Legend
LEGEND Granitoids Meta volcanics and sediments Dioritic intrusives. Faults - thrusts
Slide 26: Gbane Exploration Program 2018
GBANE EXPORATION PROGRAM 2018 Cover lease with ground or airborne geophysics (magnetics and radiometrics) on a 50m line spacing, to help with structural mapping of folds Shallow RAB drilling over structural areas of interest across the lease to identify new target areas Continued diamond drilling in
Slide 27: Integral Piece of Regional Puzzle
INTEGRAL PIECE OF REGIONAL PUZZLE
Slide 28: Upper-East Region, Ghana
“UPPER-EAST REGION, GHANA. wary, Pudo CASSIUS: Pa Mahima Ti waist & Nakpandun Sokogu Nalengu Bunkpur Bongbini Yunyuo) iNagbo) Guabuliga Kankwa s rangbinsi Gbinsi me en - MINERALISED SHEAR ZONE
Slide 29: Investment Opportunity
INVESTMENT OPPORTUNITY
Slide 30: Corporate Snapshot
CORPORATE SNAPSHOT Low Market Cap Tight Share Register No Debt Over $3.5M in bank
Slide 31: Leveraged for Exploration Upside
LEVERAGED FOR EXPLORATION UPSIDE
Slide 32: Cardinal Resources share price
CARDINAL RESOURCES © Begin Ghana Exploration Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~ YR2 YR3 YR4 YRS YR6 YR7 7 YRS
Slide 33: Price ($)
YR1 YR2 YR6 YR7 Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ 7 YRS
Slide 34: YRS
YR1 YR2 YRS YR6 YR7 Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ 7 YRS
Slide 35: YRS
YR1 YR2 YR3 YR4 YRS YR7 Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ 7 YRS
Slide 36: YRS
YR1 YR2 YR3 YR4 YRS YR7 Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ 7 YRS
Slide 37: YRS
YR1 YR2 YR3 YR4 YRS Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ 7 YRS
Slide 38: Cardinal and Cassius
CARDINAL || CASSIUS RESOURCES MINING LIMITED Price ($) 0.70 0.60 0.50 CA) Begin Ghana Exploration rr) 0.30 0.20 0.10 “001 R YR2 YR3 YR4 YR5 YR6 YR7 A B C »—eé i» 7YRS 3 YRS
Slide 39: Cassius Mining Limited
YR1 CASSIUS MINING LIMITED YR3 YR4 YRS YR6 YR7 F Price ($) 0.70 0.60 0.50 0.40 0.30
Slide 40: Cardinal and Cassius
CARDINAL CASSIUS RESOURCES MINING LIMITED Price ($) 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.01 ~~ A B C D E F 7 YRS AL (2 © 3 YRS
Slide 41: Cardinal and Cassius
MINING LIMITED CARDINAL || CASSIUS Price ($) 0.70 0.60 0.50 le 0.40 0.30 0.20 0.10 0.01 ~~ A B C D E F 7 YRS © (2 BI °C] 3 YRS
Slide 42: Cardinal and Cassius: Exploration Expansion
CARDINAL || CASSIUS RESOURCES MINING LIMITED Price ($) 0.70 0.60 0.50 ® Exploration Expansi rr) 0.30 0.20 0.10 0.01 ~ A B C »—eé i» 7YRS A F ee C D 3 YRS
Slide 43: Cardinal and Cassius: Market Cap $26M
CARDINAL CASSIUS RESOURCES MINING LIMITED Price ($) 0.70 0.60 0.50 @e Market Cap $26M oe 0.30 0.20 0.10 “O01 A _—€ Di © i» 7YRS A F ee C D E 3 YRS
Slide 44: The Foundation Has Been Laid
RESOURCES MINING LIMITED || CARDINAL CASSIUS HAS BEEN LAID.. tA a—C )—O6—_G
Slide 45: Contact
james@cassiusmining.com anthony@cassiusmining.com
Slide 46: Slide 46
Cassius Mining — Investor Presentation (November 2017) on 6ix