Cygnus Metals Limited · ASX:CY5
Cygnus Metals — RIU Explorers (March 2023)
18 slides from Cygnus Metals's conference presentation, March 2023
Slide 1: Pontax Lithium Project, James Bay, Quebec
PONTAX LITHIUM PROJECT JAMES BAY, QUEBEC RIU EXPLORERS March 2023 Quarter - Corporate Presentation ASX:CY5
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains summary information about Cygnus Metals Limited (“Cygnus” or “the Company”). The information in this presentation is of general background and does not purport to be complete. Forward-looking statements This presentation may contain certain forward-lo
Slide 3: Introduction
Introduction The Pontax Lithium Project: An Opportunity to Create Significant Shareholder Value Located in Canada’s James Bay Exploration has already outlined Shallow, high-grade Clearly visible pegmatites region – One of the world’s hottest spodumene over a 700m strike Intersections; Mineralisation
Slide 4: The Pontax Lithium Project – World Class Lithium District in Quebec, Canada
The Pontax Lithium Project – World Class Lithium District in Quebec, Canada Tier 1 Jurisdiction with Large, High Grade Lithium Projects Cygnus has a major landholding (306km2) in the heart of the world-class James Bay Lithium region1 Pontax is host to known spodumene pegmatites and totally under
Slide 5: Québec, Canada
Québec, Canada The New Lithium Powerhouse 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 markets Québec lithiu
Slide 6: Corporate Summary
Corporate Summary Tight Capital Structure and Supportive Shareholder Base Which Includes Well Known Industry Names and Institutions CAPITAL STRUCTURE 1 New Management Team Drilling Commenced ASX Code CY5 Acquisition of Acquisition of Pontax additional 30km of Appointment of David Shares on Issue 183
Slide 7: Corporate Summary
Corporate Summary Track Record of Discovery and Value Creation Board of Directors Ray Shorrocks David Southam Michael Naylor Michael Bohm Shaun Hardcastle Maddison Cramer Non-Executive Chairman Managing Director Executive Director Non-Executive Director Non-Executive Director Joint Company Secretary
Slide 8: Corporate Summary
Corporate Summary Track Record of Discovery and Value Creation Management Team Steve Parsons Gareth Reynolds Duncan Grieve Mark Calderwood Carl Travaglini Corporate Consultant Business Development Advisor to the Board Chief Geologist CFO and Joint Company Manager Secretary Steve is an experienced Mr
Slide 9: Lithium Bearing Pegmatites at The Pontax Project
Lithium Bearing Pegmatites at The Pontax Project Lithium – Caesium – Tantalum (LCT) Pegmatites • The Project is host to a high-grade LCT spodumene bearing pegmatite swarms with significant intersections1 of: 9.0m @ 1.7% Li2O from 46.9m 15.6m @ 1.6% Li2O from 83.9m 4.8m @ 2.6% Li2O from 19.4m
Slide 10: Immediate Resource Potential at Pontax
Immediate Resource Potential at Pontax 9m @ 1.7% LEGEND LCT Pegmatite in Outcrop 4.5m @ Li2O OPEN SHALLOW Pontax Central Drill Target 2.1% Li2O Historic Drillhole 15.6m @ 1.6% COVER • Over 700m of strike extent on Li2O Cygnus Drillhole 4.8 @ 2.6% central outcrop area which remains Li2O Pontax North
Slide 11: Exceptional Results from First Three Drill Holes
Exceptional Results from First Three Drill Holes Recent Results • Immediate success with first drillholes returning results of 16.5m @ 1.1% Li2O including 6.0m @ 1.8% Li2O; 13.3m @ 1.3% Li2O including 3.7m @ 2.1% Li2O • First pass drilling has more than doubled depth of mineralisation to 230m • Rema
Slide 12: Geology and Mineralisation
Geology and Mineralisation Spodumene in Every Drillhole at Pontax Refer to ASX Announcement 29 July 2022.
Slide 13: Immediate Step Out and Growth Potential
Immediate Step Out and Growth Potential High Priority Drilling • Strike extents of Pontax Central have NEVER been drill tested and remains completely OPEN • 98% remains under shallow cover with previous exploration focussed on existing outcrop • Recent rock chips show potential to extend Pontax unde
Slide 14: Exceptional Exploration Potential for Further Discovery
Exceptional Exploration Potential for Further Discovery Drilling and Mapping Program Refer to ASX Announcement 8 November 2022.
Slide 15: Significant Land Position in James Bay
Significant Land Position in James Bay District Potential World Class Province • Significant 306km2 landholding in the heart of the world-class James Bay Lithium Province • Recent acquisition taking project strike length to 44km • Newly acquired ground contiguous to main Pontax Project • Known to ho
Slide 16: Western Australian, Bencubbin Lithium Project
Western Australian, Bencubbin Lithium Project Underexplored Greenstone Belt Prospective for Lithium, Nickel, Copper, PGEs and Gold • The project boasts a combined ground position of 800km² with a strike length of 74km covering a hugely underexplored greenstone belt under thin cover • Recent work hig
Slide 17: News Flow
News Flow 1 Strategy Winter Drill Program Maiden Resource 3 x Drill Rigs Jun - Jul - Aug May 23 Dec 23 Sep 23 Aug 23 Feb 23 Mar 23 Nov 23 Oct 23 Jan 23 Jun 23 Apr 23 Jul 23 Jun-Oct Testing New Regional Targets 1 x Drill Rig Remainder of the year Drill results all year Note 1 – The timetable is indic
Slide 18: Why Invest in Cygnus Metals
Why Invest in Cygnus Metals An Opportunity to Create Huge Shareholder Wealth World Class Funded Rapid Growth Team with Track Provinces Record & QUEBEC AND WESTERN ~$13M1 IN CASH EXPLORATION STRONG TEAM AUSTRALIA Fully funded to execute on Drilling has already outlined A team with a proven trac