Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — Shareholder Meeting (May 2023)
15 slides from Lcl Resources's shareholder meeting presentation, May 31, 2023
Slide 1: ASX Announcement: AGM Presentation
31 May 2023 ASX Announcement ASX: LCL AGM Presentation Los Cerros Limited (ASX:LCL) (Los Cerros or the Company) advises that the following presentation will be presented by the Company’s Managing Director, Jason Stirbinskis at the Los Cerros Annual General Meeting, 31 May 2023. For personal use only
Slide 2: Annual General Meeting Presentation
1 For personal use only ANNUAL GENERAL MEETING PRESENTATION JASON STIRBINSKIS MANAGING DIRECTOR 31 MAY 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: 2022 Overview
2022 OVERVIEW • 1.3Moz Maiden Tesorito Resource takes Quinchia to 2.6Moz5 For personal use only • Quinchia exploration progress and preliminary studies • Colombian ESG awards • Launch into PNG Au-Cu and battery metal Ni • Kusi drilling program planned and underway in March 2023 CAPITAL STRUCTURE @ 3
Slide 5: A Diversified Explorer Across Gold, Copper, Nickel in PNG & Colombia
LOS CERROS LIMITED - A DIVERSIFIED EXPLORER ACROSS GOLD, COPPER, NICKEL IN PNG & COLOMBIA • Diversified metals – Au, Cu, Ni For personal use only • Diversified regions - PNG/Colombia • Prime regional geology – Arc/Arc normal structures in established mineral provinces • 2.6Moz Au Resource including
Slide 6: Ono Project - Kusi Work Plan
1 ONO PROJECT - KUSI WORK PLAN “The capacity for considerable gold tenor within the high grade For personal use only Kusi skarns is very exciting, with news flow in the short term”.
Slide 7: Kusi 2023 Exploration Plan - 3,000m Drilling Program
KUSI 2023 EXPLORATION PLAN- 3,000m DRILLING PROGRAM AND EXTENSIVE TARGET DELINEATION EAST, WEST AND NORTH For personal use only 6 See ASX Release 25.11.22, 16.02.23 and 9.5.23 . The Company confirms that it is not aware of new information that affects the information contained in the original announ
Slide 8: Brilliant Start to Drilling - Five Holes, All Hit Skarn Unit
BRILLIANT START TO DRILLING- FIVE HOLES, ALL HIT SKARN UNIT For personal use only Trench 24: 4m @16.7g/t Au See ASX Release 24.4.23 (KU23DD001), 18.5.23 (KU23DD002-’005) and 9.5.23 (trenches). The Company confirms that it is not aware of new information that affects the information contained in the
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 Within Papuan Ultramafic Belt
VERI VERI - MAFIC/ULTRAMAFIC COMPLEX WITHIN PAPUAN ULTRAMAFIC BELT • 100km ESE of Port Moresby and 50km NE For personal use only 1.4g/t Au, 11.8% Ni of Kupiano port • Prospective for high grade nickel sulphide Veri Veri Float Samples1 Sample ID Easting WGS Northing Ni % Au g/t Mo ppm Co ppm WGS FT57
Slide 11: Ubei & Imou Projects
1 UBEI & IMOU PROJECTS Joint Venture Farm-out For personal use only Opportunities 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 that affect
Slide 12: Copper Gold Porphyry Targets
COPPER GOLD PORPHYRY TARGETS UBEI / LIAMU COPPER TREND IMOU PORPHYRY Highly anomalous, extensive surface Geochem’ Extensive shallow porphyry gold, drilling results For personal use only and supporting Geophysics at several targets inc’ - 305.3M @ 0.65% CuEq from 4.7m including bodes well for signifi
Slide 13: Los Cerros Projects and Tier Discoveries
1 Los Cerros Projects and Tier 1 Discoveries1 DOMINENT HOLDING Buritica – Zijin Mining: 5.32Moz @ 10.3g/t Au and 21Moz @ 40.8g/t Ag IN TWO REGIONS OF Gramalote – B2Gold/AGA: 4Moz @ 0.73gt Au Titiribi – Gold Mining Inc: 6.2Moz @ 0.68g/t Au A PROLIFIC and 654.4Mlbs @ 0.1% Cu For personal use only Nuev
Slide 14: Working with Communities to Realise the Advanced Quinchia Project
WORKING WITH COMMUNITIES TO REALISE THE ADVANCED QUINCHIA PROJECT QUINCHIA IN SITU MINERAL RESOURCE ESTIMATE1 For personal use only 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 15: Path Forward
1 PATH FORWARD Kusi Au-Cu PNG Target delineation - Scale of Skarn(s) Target drilling – Stepping out from drilling success in southern skarn For personal use only Best intersection 52m @ 3.65g/t (KU23DD004) Photo: High grade chalcopyrite-garnet-magnetite polished rock sample from Leah’s Lode outcrop