Cygnus Metals Limited · ASX:CY5
Cygnus Metals — Resource Rising Stars Conference 2022
23 slides from Cygnus Metals's conference presentation, Nov 29, 2022
Slide 1: Pontax Lithium Project, James Bay, Quebec
For personal use only PONTAX LITHIUM PROJECT JAMES BAY, QUEBEC RESOURCE RISING STARS CONFERENCE November 2022 ASX:CY5
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains summary information about Cygnus Gold Limited (“Cygnus” or “the Company”). The information in this presentation is of general background and does not purport to be complete. For personal use only Forward-looking statements This presentation may contai
Slide 3: Introduction: The Pontax Lithium Project
Introduction The Pontax Lithium Project: An Opportunity to Create Huge Shareholder Value For personal use only Located in Canada’s James Drilling has already Shallow, high-grade Clearly visible pegmatites Bay region – One of the outlined spodumene over Intersections; mapped and sampled world’s hotte
Slide 4: The Pontax Lithium Project – World Class Lithium District in Quebec
The Pontax Lithium Project – World Class Lithium District in Quebec, Canada Tier 1 Jurisdiction with Large, High Grade Lithium Projects For personal use only ➢ Cygnus has a major landholding (266km2) in the heart of the world-class James Bay Lithium region ➢ Pontax is high grade and totally underexp
Slide 5: Quebec, Canada: The New Lithium Powerhouse
Quebec, Canada The New Lithium Powerhouse For personal use only Québec will be important to the lithium market. It is positioned to capitalise on its resource abundance in a mining friendly, low carbon intensity operating environment, emerging as an important producer of lithium to both local and EU
Slide 6: Corporate Summary: Capital Structure and Shareholders
Corporate Summary Tight Capital Structure and Supportive Shareholder Base Which Includes Well Known Industry Names and Institutions Cash For personal use only Enterprise Position1 Value CY5 owns New Management 7% of SRA ~$9.0M ~$72.1M Drilling Commenced CAPITAL STRUCTURE 1 Team ASX Code CY5 Acquisit
Slide 7: Corporate Summary: Board of Directors
Corporate Summary Track Record of Discovery and Value Creation Board of Directors For personal use only Ray Shorrocks David Southam Michael Naylor Michael Bohm Shaun Hardcastle Non-Executive Chairman Non-Executive Director Executive Director Non-Executive Director Non-Executive Director (Managing Di
Slide 8: Corporate Summary: Management Team
Corporate Summary Track Record of Discovery and Value Creation Management Team For personal use only Sue Field Maddison Cramer Gareth Reynolds Duncan Grieve Steve Parsons Mark Calderwood CFO and Joint Company Joint Company Secretary Business Development Chief Geologist Corporate Consultant Advisor t
Slide 9: Lithium Bearing Pegmatites at The Pontax Project
Lithium Bearing Pegmatites at The Pontax Project Lithium – Caesium – Tantalum (LCT) OPEN Pegmatites For personal use only • The Project is host to a high-grade LCT spodumene bearing pegmatite swarms with significant Undercover intersections of: Untested ➢ 9m @ 1.7% Li2O from 46.9m ➢ 15.6m @ 1.6% Li2
Slide 10: Geology and Mineralisation
Geology and Mineralisation Spodumene in Every Drillhole at Pontax For personal use only 10
Slide 11: High-Grade Drill Results from Central Pontax Pegmatite Swarm
High-Grade Drill Results from Central Pontax Pegmatite Swarm Pontax Central Drill Target • Over 620m of strike extent on For personal use only Undercover Untested central outcrop area which remains 9m @ 1.7% Li2O North Pontax OPEN under shallow cover No Drill Testing 15.6m @ 1.6% Li2O • High-grade L
Slide 12: Exceptional Results from First Three Drill Holes
Exceptional Results from First Three Drill Holes Recent Results • Three holes completed to date. • Drilling has more than doubled Early success. depth of mineralisation to 230m For personal use only • First two diamond core holes • Remains open at depth and intersected multiple zones thickest inters
Slide 13: Exceptional Results from First Three Drill Holes
Exceptional Results from First Three Drill Holes Recent Results • The third hole returned a 13.3m intersection of spodumene pegmatite on a new mineralised trend For personal use only north of previous drilling1 • Pontax North trend could be a replicate of Pontax Central • Evidence of the huge untest
Slide 14: Exceptional Exploration Potential: Project Potential
Exceptional Exploration Potential for Further Discovery Project Potential High Priority Exploration Targets For personal use only • No exploration outside of Central Pontax • Recently completed LiDAR and high-resolution imagery over 10km of strike delivers numerous walk-up targets, including unmappe
Slide 15: Exceptional Exploration Potential: Drilling and Mapping Program
Exceptional Exploration Potential for Further Discovery Drilling and Mapping Program For personal use only 15
Slide 16: Exceptional Exploration Potential: District Potential
Exceptional Exploration Potential for Further Discovery District Potential Major Tenure Holding For personal use only • Significant 266km2 landholding in the heart James Bay of the world-class James Bay Lithium 40.3Mt @ Province 1.4% Li2O • Pontax Project with pegmatite outcrops over 40km of strike
Slide 17: Western Australian Bencubbin Lithium Project
Western Australian, Bencubbin Lithium Project Underexplored Greenstone Belt Prospective for Lithium, Nickel, Copper, PGEs and Gold For personal use only OPEN Peak value 15ppm • The project boasts a combined ground Ta2O5 and position of 800km² with a strike length of 2.2 Km 152ppm Nb2O5 74km covering
Slide 18: News Flow
News Flow1 Strategy For personal use only Magnetic, LiDAR, NEW REGIONAL Winter Drill Program DRILL RESULTS Mapping and Sampling TARGETS May 23 Nov 22 Aug 22 Aug 23 Feb 23 Mar 23 Sep 22 Dec 22 Oct 22 Jan 23 Jun 23 Apr 23 Jul 23 Jul 22 ACQUISITION Maiden Drill Program Regional Mapping and DRILL RESULT
Slide 19: Why Invest in Cygnus Gold
Why Invest in Cygnus Gold An Opportunity to Create Huge Shareholder Wealth For personal use only World Class Funded Rapid Growth Team with Track Provinces Record & QUEBEC AND WESTERN ~$9M IN CASH EXPLORATION STRONG TEAM AUSTRALIA ➢ Fully funded to execute on ➢ Drilling has already outlined ➢ A team
Slide 20: Appendices
For personal use only Appendices
Slide 21: Pontax Lithium Project Acquisition Details
Appendices – Pontax Lithium Project Acquisition Details Earn-In Agreement – Low-Risk Exposure For personal use only Cygnus to acquire up to 70% of the Pontax Lithium Project from Stria Lithium Corp. Cygnus to pay C$1,000,000 to Stria Lithium on signing binding term sheet. Cygnus owns 7% of Stria Lit
Slide 22: Pontax Lithium Project Extension Acquisition Details
Appendices – Pontax Lithium Project Extension Acquisition Details To earn 100% of Project For personal use only Cygnus to acquire up to 100% of the Pontax Lithium Extension Project from Canadian Mining House. • make an upfront cash payment of $120,000 and issue approximately 2,133,333 fully paid ord
Slide 23: Pontax and Mitsumis Lithium Projects Acquisition Details
Appendices – Pontax and Mitsumis Lithium Projects Acquisition Details Earn-In Agreement – Low-Risk Exposure For personal use only Cygnus to acquire up to 80% of the Pontax Extension and Mitsumis Lithium Projects. Stage 1 Earn-In (51%): • Spending C$2,000,000 over three years. Stage 2 Earn-In (up to
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