Carnaby Resources Ltd. · ASX:CNB
Carnaby Resources — Berkut Minerals — Investor Presentation (July 2017)
20 slides from Carnaby Resources's investor presentation, July 2017
Slide 1: Berkut Minerals Limited Scandinavian Cobalt
Berkut Minerals Limited Scandinavian Cobalt July 2017 Investor Presentation www.berkutminerals.com.au
Slide 2: Investment Case
Investment Case Strategically located ethical cobalt projects in Scandinavia o Close to the expanding European electrical vehicle and battery markets o Cobalt-dominant, brownfields projects in historic cobalt mining districts Low market capitalisation compared to peers: exceptional leverage o ~4
Slide 3: Scandinavian Projects
Scandinavian Projects Granted rights to 100% of four cobalt prospective projects in in Sweden and Norway o Skuterud Project, Norway o Gladhammar and Tunaberg Projects, Sweden o 100% owned Lainejaur Nickel-Cobalt resource1 in Sweden 116km2 of granted licenses and applications Excellent infrastr
Slide 4: Skuterud Project | Norway
Skuterud Project | Norway Located 100km from Oslo port in Norway Seven granted licences over the historic Skuterud Cobalt Trend, for ~19km2 o Dominant landholding position o Covers 6km of the Skuterud Cobalt Trend Nearby historic Skuterud Mine: o Major source of cobalt in 19th century - then t
Slide 5: Skuterud Project | Geology
Skuterud Project | Geology Cobalt related to meta-sedimentary, sulphide- rich schist zones, so-called ‘fahlbands’. o Fahlbands up to 30m wide containing cobalt, copper and gold o Mineralisation includes cobaltite, linnaeite, glaucodote, safflorite and skutterudite, Cobalt-rich sulphide zones ass
Slide 6: Extensive Historical Workings with Cobalt Mineralisation
Extensive Historical Workings with Cobalt Mineralisation Workings at the nearby Skuterud Cobalt Mine – 600m south of Berkut’s tenements. Note the two parallel zones of mineralisation www.berkutminerals.com.au 6
Slide 7: Lainejaur Ni, Co, Cu Project | Sweden
Lainejaur Ni, Co, Cu Project | Sweden Located at the north-west end of the renowned Skellefteå mineral belt o Only 15km from the industrial centre of Malä 41km2 Exploration Licence Historical resource of 645Kt @ 1.3% Ni, 0.66% Cu and 0.09% Co1 o Contains high-grade massive and semi-massive nic
Slide 8: Lainejaur Project | Geology
Lainejaur Project | Geology Hosted at the base of a lopolithic gabbro-diorite intrusion overlain by mafic intrusive with minor intercalated metasedimentary units and underlain by meta-basalts Sulphides consist of pyrrhotite, pentlandite, gersdorffite and chalcopyrite Open at depth - 1.5km nort
Slide 9: Lainejaur Ni, Co, Cu Project | Sweden
Lainejaur Ni, Co, Cu Project | Sweden www.berkutminerals.com.au 9
Slide 10: Gladhammar Project - Sweden
Gladhammar Project - Sweden Located approximately 200km south of Stockholm ~44km2 approved and pending licences Major cobalt mine in Sweden from 1777 to 1892 o Reported historic mine grades of 1.25%-2% cobalt in 682t from 1888 to 1891 (end of mine) 3 Hand samples up to 0.25% cobalt; copper u
Slide 11: Tunaberg Project - Sweden
Tunaberg Project - Sweden Approved licences of ~12km2 Located in southern Sweden, approximately 100km SW of Stockholm Historic mining centre; copper mining during the 15th century and cobalt during the 18th century Skarn hosted cobalt mineralisation dominated by cobaltite and oenite Metal
Slide 12: Exploration Timeline
Exploration Timeline Initial field assessment undertaken at Lainejaur, Gladhammar, and Tunaberg (Sweden) ‘Boots on ground’ field work underway at Skuterud (Norway) o Meetings held with the Norwegian Geological Survey and Directorate of Mining o Field mapping underway o 200m spaced geophysical da
Slide 13: Corporate Snapshot
Corporate Snapshot Neil Inwood Share Price (21 July 2017)1 16 cents Managing Director Highly experienced geologist with +22yrs international experience in gold, Shares on issue2 47.3M base metal & specialty metals Experience in consulting and venture capital for the last 13yrs Options on issue3
Slide 14: Why Cobalt?
Why Cobalt? Tipped by many analysts to be in short supply for many years to come; mostly produced as a by- product of Cu and Ni, which are both under-performing Price pressure due to increased tech demand and supply constraints o Relatively low natural background concentration means cobalt is pr
Slide 15: Cobalt Supply
Cobalt Supply 60% of cobalt sourced from the Democratic Republic of the Congo China is the main refiner of cobalt, buying from ethical and conflict zones, controlling over 40% of the worlds refining capacity Unethical practices are not compatible with the values of large conglomerates such as
Slide 16: Cobalt - Why Europe?
Cobalt - Why Europe? Countries in Europe are leading the world in uptake of Cobalt Fast Facts electric vehicles using lithium-ion batteries 4kg of Cobalt required for each hybrid car 6kg of Cobalt required for each electric car 12-13 million hybrid/electric vehicles expected by Electric ve
Slide 17: Contact Us
Contact Us Neil Inwood, Managing Director neil@berkutminerals.com.au T: +61 8 9320 2320 78 Churchill Avenue Subiaco Western Australia 6008 www.berkutminerals.com.au www.berkutminerals.com.au
Slide 18: Appendix A | Australian Projects
Appendix A | Australian Projects www.berkutminerals.com.au 18
Slide 19: Appendix B | Cairn Hill Gold Project
Appendix B | Cairn Hill Gold Project The Cairn Hill Gold Project is centered on a 200km long gold mineralised trend, stretching between Northern Star’s Paulsen’s Gold Mine and the Mt Olympus Deposit in the highly prospective Ashburton Region, Western Australia Modern exploration at Cairn Hill co
Slide 20: Disclaimer and Competent Person
Disclaimer and Competent Person Disclaimer and Forward Looking Statements This presentation may contain certain forward looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned