Cygnus Metals Limited · ASX:CY5
Cygnus Metals — RIU Explorers Conference 2023
18 slides from Cygnus Metals's conference presentation, Feb 14, 2023
Slide 1: Pontax Lithium Project, James Bay, Quebec
For personal use only PONTAX LITHIUM PROJECT JAMES BAY, QUEBEC RIU EXPLORERS RIU Explorers Conference – February 2023 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. For personal use only Forward-looking statements This presentation may cont
Slide 3: Introduction: The Pontax Lithium Project
Introduction The Pontax Lithium Project: An Opportunity to Create Significant Shareholder Value For personal use only 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 Interse
Slide 4: The Pontax Lithium Project – World Class Lithium District in Quebec
The Pontax Lithium Project – World Class Lithium District in Quebec, Canada Tier 1 Jurisdiction with Large, High Grade Lithium Projects For personal use only ➢ Cygnus has a major landholding (266km2) in the heart of the world-class James Bay Lithium region1 ➢ Pontax is high grade and totally underex
Slide 5: Québec, Canada: The New Lithium Powerhouse
Québec, Canada The New Lithium Powerhouse For personal use only 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
Slide 6: Corporate Summary
Corporate Summary Tight Capital Structure and Supportive Shareholder Base Which Includes Well Known Industry Names and Institutions For personal use only Initial Results CAPITAL STRUCTURE 1 New Management Team Drilling Commenced ASX Code CY5 Acquisition of Acquisition of Pontax additional 30km of Ap
Slide 7: Corporate Summary: Board of Directors
Corporate Summary Track Record of Discovery and Value Creation Board of Directors For personal use only 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 J
Slide 8: Corporate Summary: Management Team
Corporate Summary Track Record of Discovery and Value Creation Management Team For personal use only 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 Stev
Slide 9: Lithium Bearing Pegmatites at The Pontax Project
Lithium Bearing Pegmatites at The Pontax Project Lithium – Caesium – Tantalum (LCT) OPEN Pegmatites For personal use only Undercover • The Project is host to a high-grade LCT spodumene bearing pegmatite swarms with significant Untested intersections of1: ➢ 9.0m @ 1.7% Li2O from 46.9m ➢ 15.6m @ 1.6%
Slide 10: Immediate Resource Potential at Pontax
Immediate Resource Potential at Pontax LEGEND LCT Pegmatite in Outcrop 13.3m Spodumene OPEN SHALLOW Pontax Central Drill Target Pegmatite from 300.2m 9.0m @ Historic Drillhole (Drillhole 975-22-028)¹ COVER • Over 700m of strike extent on 1.7% Li2O central outcrop area which remains For personal use
Slide 11: Exceptional Results from First Three Drill Holes
Exceptional Results from First Three Drill Holes Recent Results NW 75m Wide SE • Visual result from three holes • Remains open and untested at Pegmatite Zone released to date with immediate depth For personal use only early success • Spodumene is the only lithium • Drilling has more than doubled bea
Slide 12: Geology and Mineralisation
Geology and Mineralisation Spodumene in Every Drillhole at Pontax For personal use only Refer to ASX Announcement 29 July 2022.
Slide 13: Immediate Step Out and Growth Potential
Immediate Step Out and Growth Potential LEGEND High Priority Drilling Pegmatite Outcrop Mapped Outcrop from • Strike extents of Pontax Central have Aerial Imagery LCT Pegmatite NEVER been drill tested and remains For personal use only Surface Samples with 80ppm OPEN completely OPEN Previous Result T
Slide 14: Exceptional Exploration Potential for Further Discovery
Exceptional Exploration Potential for Further Discovery Drilling and Mapping Program For personal use only 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 LEGEND • Significant 266km2 landholding in the For personal use only Greenstone Belt heart of the world-class James Bay Granitic Basement Lithium Province Late Granites James Bay1 • Pontax Project with pegmatite outcrops
Slide 16: Western Australian, Bencubbin Lithium Project
Western Australian, Bencubbin Lithium Project Underexplored Greenstone Belt Prospective for Lithium, Nickel, Copper, PGEs and Gold For personal use only OPEN Peak value 15ppm • The project boasts a combined ground Ta2O5 and 152ppm Nb2O5 position of 800km² with a strike length of 2.2 Km 74km covering
Slide 17: News Flow
News Flow1 Strategy Winter Drill Program Maiden Resource For personal use only 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 – T
Slide 18: Why Invest in Cygnus Metals
Why Invest in Cygnus Metals An Opportunity to Create Huge Shareholder Wealth For personal use only 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 t