Culpeo Minerals Limited · ASX:CPO
Culpeo Minerals — Investor Presentation (September 2023)
21 slides from Culpeo Minerals's investor presentation, Sep 18, 2023
Slide 1: Copper Development for a Clean Energy Future
For personal use only COPPER DEVELOPMENT FOR A CLEAN ENERGY FUTURE ASX:CPO | OTCQB:CPORF September 2023
Slide 2: Disclaimer
Disclaimer This Presentation and any accompanying verbal Presentation (together the Presentation) has been prepared by Culpeo Minerals Limited (“Culpeo” or “the Company”) and approved by the Board of the Company. The information contained in the Presentation (Information) is a summary only and shoul
Slide 3: Investment highlights: high impact copper portfolio
A HIGH IMPACT COPPER TWO HIGH PRIORITY PROJECT PORTFOLIO WITH MULTIPLE AREAS ON THE STRATEGIC DRILL-READY TARGETS CHILEAN COASTAL BELT LOCATED IN THE PREMIER For personal use only COPPER PRODUCING REGION GLOBALLY PERU BOLIVIA SYSTEMATIC EXPLORATION TO UNLOCK LATENT CHILE RESOURCE POTENTIAL Antofagas
Slide 4: Recent transformational acquisition
Recent transformational acquisition Fortuna Project significantly expands existing copper footprint For personal use only 80% interest in the Fortuna Project. HIGHLY Four key outcropping copper targets. COMPLEMENTARY Drill-ready Vaca Muerta prospect. ACQUISITION Areas hosts numerous historic surface
Slide 5: Chile: a major copper producer
MINING A KEY MINING REPRESENTS RANKED THE BEST CONTRIBUTOR TO OVER HALF OF THE COUNTRY IN SOUTH THE CHILEAN COUNTRY’S TOTAL AMERICA FOR MINING ECONOMY EXPORTS INVESTMENT For personal use only CHILE A MA J OR P R ODU C ER Cu Cu THE WORLD'S TOP Cu Cu COPPER PRODUCER AND LARGEST COPPER Cu RESERVES HOME
Slide 6: Board and senior management
Board and senior management Successful track record of discovery, project development and value creation For personal use only Geoff Max Zeffron Paul Sergio McNamara Tuesley Reeves Schmiede Uribe Non-Executive Managing Non-Executive Non-Executive Chilean Country Chairman Director Director Director M
Slide 7: Copper supply pipeline and strong demand outlook
COMMITTED COPPER MINE SUPPLY FORECAST1 SUPPLY PIPELINE LACKS HIGH- QUALITY, LARGE- MT SCALE PROJECTS Australasia For personal use only Asia WEAK STRONG Africa ACCELERATION OF Europe DEMAND COPPER ELECTRIFICATION South America North America DRIVING SIGNIFICANT S T R O N G OU T L OOK MARKET DEFICIT 20
Slide 8: Corporate snapshot
Corporate snapshot Compelling entry price, strong leverage to further exploration success Capital structure Major shareholders For personal use only Share price (12 September 2023) A$0.036 15% TIGHT REGISTER WITH SUPPORTIVE EXPLORATION- Shares on issue (September 2023) 96.9M 46% FOCUSED SHAREHOLDER
Slide 9: Fortuna Project area: outcropping targets
1. Fortuna Project area Outcropping targets immediately north of the Lana Corina discovery • Numerous historic surface and underground mines over a For personal use only strike length of >6km. • Historic channel sampling at drill-ready Vaca Muerta returned1: • 150m @ 1.31% CuEq; • 102m @ 1.25% CuEq;
Slide 10: Drill-ready targets at Vaca Muerta prospect
1. Fortuna Project area Drill-ready targets at Vaca Muerta prospect • Shallow cover with base of For personal use only oxidation approximately 25m deep. • Oxide mineralogy consists of malachite and chrysocolla. • Sulphide zone is dominated by chalcopyrite and bornite. Long section through Vaca Muert
Slide 11: High priority El Quillay North target defined
1. Fortuna Project area High priority El Quillay North target defined, grades up to 6.92% Cu • Historical underground For personal use only sampling returned high- grade zones including1 : • 3m @ 6.92% Cu; • 15m @ 1.50% Cu; • 5m @ 1.18% Cu; and • 5m @ 2.70% Cu. • Mine records show approximately 200,
Slide 12: Lana Corina: new high-grade copper and molybdenum discovery
2. Lana Corina Project area New high-grade outcropping copper and molybdenum discovery • Successful 13 hole drilling program intersected For personal use only significant copper and molybdenum mineralisation. • Lana Corina – Breccia Pipe / Porphyry (Cu and Mo): • Successful Maiden Drilling Program:
Slide 13: Lana Corina: mineralised corridor and intersections
2. Lana Corina Project area New high-grade outcropping copper and molybdenum discovery • Mineralised corridor extends for over 3km to the For personal use only northeast and approximately 700m deep. • Copper equivalent intersections: • CMLCD001: 104m @ 0.81% CuEq from 155m1; • CMLCD002: 257m @ 1.10%
Slide 14: Regional potential with outcropping copper targets
2. Lana Corina Project area Regional potential with outcropping copper targets over 3km of strike For personal use only Lana Corina/Vista Montana long section: Defined targets over >3km of strike (background image is the VOXI 3D magnetic inversion model) (Refer ASX announcement 31 August 2022). CULP
Slide 15: Vista Montana: exploration drilling planned
2. Lana Corina Project area: Vista Montana Exploration drilling planned to test outcropping copper and breccia zones • 600m drilling program planned at Vista For personal use only Montana. • Outcropping copper and breccia zones to be tested. • Surface mapping has identified outcropping mineralisatio
Slide 16: Planned schedule
Planned schedule Well funded for upcoming high-impact copper exploration drilling Project Activity Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 For personal use only Cu Fortuna Mapping and sampling at Fortuna ■ Cu Fortuna Drill testing at Vaca Muerta ■ ■ Cu Lana Corina Drill testing at Vista Montana ■ Cu For
Slide 17: A high-impact copper portfolio with multiple drill-ready targets
A HIGH-IMPACT COPPER PORTFOLIO WITH MULTIPLE DRILL-READY TARGETS For personal use only LOCATED IN THE PREMIER COPPER PRODUCING REGION GLOBALLY INVESTMENT HIGHLIGHTS SYSTEMATIC EXPLORATION PROGRAM TO UNLOCK LATENT RESOURCE POTENTIAL CHILEAN COPPER DEVELOPMENT FOR A CLEAN ENERGY THE RIGHT TEAM TO DELI
Slide 18: Appendices
For personal use only APPENDICES
Slide 19: Resource details and copper equivalent calculations
Appendix 1 Resource details and copper equivalent (CuEq) value calculations • Lana Corina Project: refer to ASX announcement “Drilling intersects 169m @ 1.08% Cu up to 3.56% Cu” dated 23 For personal use only November 2022. • Quelon Project: refer to Refer Company’s Prospectus dated 23 June 2021, pa
Slide 20: Competent persons statement
Appendix 2 Competent persons statement The information in this announcement that relates to Exploration Results is based on For personal use only information compiled by Mr Maxwell Donald Tuesley, BSc (Hons) Economic Geology, MAusIMM (No 111470). Mr Tuesley is a member of the Australian Institute of
Slide 21: Contact
For personal use only C O N TA C T LEVEL 48. 152-158 ST GEORGES TERRACE PERTH WA 6000 +61 (8) 6311 9160 / +61 416 097 403 info@culpeominerals.com.au max.tuesley@culpeominerals.com.au geoff.mcnamara@culpeominerals.com.au
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