Cauldron Energy Limited · ASX:CXU
Cauldron Energy — Investor Presentation (November 2020)
24 slides from Cauldron Energy's investor presentation, Nov 12, 2020
Slide 1: Retraction of Investor Presentation
ASX Announcement 11 November 2020 RETRACTION OF INVESTOR PRESENTATION ABN 22 102 912 783 CAULDRON’S GOLDEN OPPORTUNITY Address Unit 47, Level 1 Cauldron Energy Limited (ASX Code: CXU (“the Company”) refers to the Investor 1008 Wellington Street Presentation released to the market on 28 October 2020
Slide 2: Cauldron's Golden Opportunity
CAULDRON’S GOLDEN OPPORTUNITY Historic High-Grade Goldfield in Victoria Presented by Jess Oram 0448 110 009 Executive Director jesso@cauldronenergy.com.au ASX: CXU
Slide 3: Important Information
Forward Looking Statements This Presentation may include statements that could be deemed ‘forward looking statements’. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future perform
Slide 4: Corporate Overview
Corporate Overview CAPITALISATION DATA (1) SHARE PRICE PERFORMANCE Share Price $A 0.039 Issued Capital M 447,999,512 Market Capitalisation A $M 17.5 Estimated Cash (2) A $M 692,232 Enterprise Value A $M 16.8 MANAGEMENT LARGEST SHAREHOLDERS Simon Youds Non-Executive Chairman T20: 80.4% Jess Oram CEO
Slide 5: Exploration Overview
Exploration Overview Blackwood Goldfield • vendor has systematically acquired and consolidated the goldfield which historically consisted of numerous small holdings • two tenements cover nearly the entire goldfield • significant historic gold producer – between 1864 and 1960 Blackwood Goldfield prod
Slide 6: Historical Production
Historical Production Blackwood Goldfield • Between 1864 and 1960 the Blackwood Goldfield produced about 218,000 ounces of gold from orogenic gold sources (199,000 ounces) and from placer sources (19,000 ounces). Gold was won down to a depth of 60 m below surface, with very little mining activity be
Slide 7: Operations Overview
Operations Overview The Blackwood Gold Project provides exceptional prospectivity and high potential of early cashflow Exceptional high-grade gold prospectivity • multiple lines of Lode (1) • historic goldfield mining stopped by lack of water pumping technology and lack of manpower due to WW1 (1) Ex
Slide 8: Exploration Pipeline – very well developed
Exploration Pipeline – very well developed Full Exploration Pipeline Potential Production • Nuggety Mineral Resource Extension • Annie Laurie • Grace Egerton • Rogers Big Hill Resource Delineation • Yankee – Countess • Butchers • Simmons to Sultan (3.5 km en-echelon system) (2) Target Definition • H
Slide 9: Exceptional Targets
Exceptional Targets Simmons - Rogers - Sultan High Prospectivity • long strike-length > 3.5 km (1) • plunging shoots remain open (1) • numerous targets (1) • underground access remains open (1) (1) refer ASX Announcement dated: 23 /09 /2020 Figure: Conceptual Long Section Simmons – Rogers – Sultan u
Slide 10: Ownership Structure - Blackwood Gold Project
Ownership Structure - Blackwood Gold Project EL 5479 • Secures the best of the Blackwood Goldfields • Joint venture agreement struck • Right to earn up to 80% interest • Staged earn-in ➢ CXU currently owns 51% of joint venture ➢ 65% on establishing Mineral Resource (JORC 2012) containing at least 30
Slide 11: Why Gold in Victoria?
Why Gold in Victoria ? Gold in Victoria • over 85 Moz of gold produced (1) • ~30% of Australian production (1) • ~2% of world production (1) • Has seen little exploration activity since 1980’s until recently; • New understanding of gold distribution has been proven; prompting the “second Victorian g
Slide 12: The Golden Opportunity for Cauldron
CXU in partnership with vendor has formed strong local relationships • access to the entire goldfield • good relationships established with the community Cauldron has solution to the historical problems besetting the goldfield • Lack of Capital – CXU has access to capital markets in Shanghai and Aus
Slide 13: Blackwood Work Plan
Blackwood Work Plan Cauldron aims to predominantly use new funds to advance the Blackwood Gold Project • surface reconnaissance drilling program targeting Roger’s Big Hill and (~10-15 holes, ~1,000 metres) (Jan 2021) • underground channel sampling (Feb 2021) • underground drilling – Sultan Mine to A
Slide 14: Listed Investments
Listed Investments In addition to its project assets, Cauldron also holds listed investments having a market value at 19 October 2020 of +$1 million, comprised as follows: SHARE PRICE AT 19 October 2020 Ticker Company NumShares SharePrice Value CFE Cape Lambert 10,416,667 $ 0.009 $ 93,750 FEL FE Lim
Slide 15: Summary – Why Invest in Cauldron?
Summary – Why Invest in Cauldron? Potential for Exceptional Project Market Re-Rating ➢ Blackwood Gold project is an ➢ Tightly Held by group of long exceptionally prospective high-grade term investors gold project ➢ Overlooked company ➢ Six months of data compilation provides scaffold on which to bui
Slide 16: Contact Details
ASX: CXU Jess Oram Chief Executive Officer Contact Details +61 448 110 009 jesso@cauldronenergy.com.au First Floor, 1008 Wellington Street Simon Youds West Perth WA 6005, Australia Chairman +61 408 937 928 simony@cauldronenergy.com.au Phone: +61 8 6270 4693 cauldronenergy.com.au Michael Fry CFO & Co
Slide 17: Additional Information
ADDITIONAL INFORMATION INVESTOR UPDATE Presented by Jess Oram 0448 110 009 Executive Director jesso@cauldronenergy.com.au ASX: CXU
Slide 18: Bennet Well Uranium – The Long Term
Bennet Well Uranium – The Long Term The project provides: Favourable mining conditions • geology that allows extraction by ‘in-situ recovery’ process (ISR) • ISR style mining is generally a very cheap mining process Large mineral endowment • existing large Mineral Resource ➢ 38.9 Mt @ 360 ppm eU3O8
Slide 19: Bennet Well – Mineral Resource
Bennet Well – Mineral Resource Bennet Well Mineral Resource A Mineral Resource (JORC 2012) for the mineralisation at Bennet Well was completed by Ravensgate Mining Industry Consultants (Ravensgate) in 2015 and is based on information compiled by Mr Jess Oram, Executive Director of Cauldron Energy an
Slide 20: Appendix 1: Blackwood Goldfield Project
Appendix 1: Blackwood Goldfield Project Image: Simmons Reef, Mount Blackwood (portrait by Elizabeth Shepherd circa 1850’s) Cauldron Energy | ASX: CXU | www.cauldronenergy.com.au 19
Slide 21: Appendix 2: Gold Endowment of Victoria
Appendix 2: Gold Endowment of Victoria Structural Zones • Victoria split into structural zones ➢ Stavely Zone ➢ Stawell Zone ➢ Bendigo Zone ➢ Melbourne Zone ➢ Tabberabbera Zone ➢ Omeo Zone Gold Style • orogenic gold • has specific set of structural features • geochemical depletion throws a red-herri
Slide 22: Appendix 3: Annie Laurie Block Model
Appendix 3: Annie Laurie Block Model Figure: Annie Laurie Block Model (Source: Data extracted from EL5479 Modelling of Eastern Reefs and Sultana Group of Workings, Blackwood, Victoria Turner: 2019) Cauldron Energy | ASX: CXU | www.cauldronenergy.com.au 21
Slide 23: Resource Expansion – Barrys Reef
Resource Expansion – Barrys Reef Barrys Reef • the most developed concentration of workings in the area • historic lodes on the cluster owned by multiple operators • Highest production area from the goldfield – 73 koz • contains the deepest workings down to 273 m Sultan Mine • the deepest workings i
Slide 24: Mineral Delineation – Yankee
Mineral Delineation –Yankee Yankee to Countess • long line of lode in northeast • marked by extensive workings • much RC drilling along reef • strike length is over 3 km Exploration Drilling • historic drilling – mostly RC • Mostly shallow – deepest at 140 m Figure: Yankee Reef Area – Plan view of m
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