C29 Metals Limited · ASX:C29
C29 Metals — Investor Presentation (March 2024)
26 slides from C29 Metals's investor presentation, Mar 20, 2024
Slide 1: Powering the Clean Energy Transition
For personal use only ASX:C29 Powering the Clean Energy Transition Investor Presentation March 2024
Slide 2: Disclaimer & Important Notice
DISCLAIMER & IMPORTANT NOTICE DISCLAIMER AND IMPORTANT INFORMATION These presentation materials (the Presentation Materials) have been prepared by C29 Metals Limited (ACN 645 218 453) (Company). By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read,
Slide 3: Disclaimer & Important Notice: Forward Looking Statements (Continued)
DISCLAIMER & IMPORTANT NOTICE FORWARD LOOKING STATEMENTS (CONTINUED) The Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise. The words “believe”, “expect”, “anticipate”, “indicate
Slide 4: Investment Highlights
Favorable Jurisdictions Kazakhstan - Favorable jurisdiction for foreign investment and exploration/mining companies, with Kazakhstan ranked 25th globally for ‘Ease of doing business’ by the World Bank2 - mining code modernised in 2018 based on WA Mining Law1. INVESTMENT For personal use only Austral
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Board & Management Shares on Issue (Subject to Transaction Shannon Green – Managing Director 139,681,194 For personal use only Approval) Experienced mining executive and company director with over 25 years Unlisted Options 17m corporate, resource development and
Slide 6: The Shift Towards Decarbonisation
THE SHIFT TOWARDS DECARBONISATION Continues to rapidly gain momentum Decarbonisation and Electrification • Requires growth in the supply of carbon free energy For personal use only Governments Globally are Facing Increased Pressure to: Nuclear Power is • Provide affordable and secure energy solution
Slide 7: Kazakhstan at a Glance
KAZAKHSTAN AT A GLANCE A top tier mining jurisdiction • 11th largest country in the world rich in mineral resources1 For personal use only • Ranked 25th for ‘Ease of doing business’ by the World Bank2 • 53rd Largest GDP globally at US$221Bn3 • Kazakhstan is the world’s Number 1 uranium producer (43%
Slide 8: Ulytau Uranium Project
ULYTAU URANIUM PROJECT A high-grade project with significant exploration upside Established & Well-Known Uranium Province Ulytau is in South Kazakhstan near Lake Balkhash and 15km south of Bota-Burum one of the largest Soviet-Era uranium For personal use only mines. High-Grade Foreign Estimate Non J
Slide 9: Ulytau Geology Overview
ULYTAU GEOLOGY OVERVIEW Regional Geology: The field is a part of a large Bota-Burum uranium district. The deposit section covers the eastern endocontact part of the Dzhusandalinsky granitoid massif, For personal use only located 1 km west of the contact with the enclosing effusive- sedimentary forma
Slide 10: Non JORC Foreign Estimate
NON JORC FOREIGN ESTIMATE* From historic drilling Blocks volume V (m3) Density (t/m3) Kt U3O8 (ppm) Mlbs (U3O8) For personal use only Total 2b 39643 2.55 101.1 2,060 0.459 Total 3b 18729 2.55 47.8 1,510 0.159 Total 4-1 480980 2.55 1226.5 3,200 8.653 Total 4-2 9735 2.55 24.8 1,270 0.070 Total 4-3 737
Slide 11: High Grade Intersections
HIGH GRADE INTERSECTIONS* From historical drilling Hole ID From (m) To (m) Width (m) U3O8 (ppm) For personal use only 162 28.75 33.65 4.9 7,500 16 32.15 38.1 5.95 6,990 1461 406 409 3.60 6,300 69 2.7 47.65 44.95 6,260 120 0 18.70 18.70 5,940 106 0 37.50 37.5 5,870 1450 452 482 30.75 5,850 48 15 44.3
Slide 12: Exploration Program 2024
EXPLORATION PROGRAM 2024 Kazakhstan For personal use only “With initial works commencing immediately & first drilling planned to commence during Q3 CY24, we aim to rapidly advance & grow the Q1 CY2024 Q2 CY2024 Q3 CY2024 Q4 CY2024 foreign estimate.” Technical Further technical Commence initial drill
Slide 13: Mayfield Cu-Au Project, Queensland
MAYFIELD CU-AU PROJECT, QUEENSLAND Near significant historical producers Active exploration hotspot, with significant resources being announced, and drilling ongoing: For personal use only • Hammer Metals – Kalman (500kT Cu Metal @ 1.3% CuEq)1 • Carnaby Resources – Greater Duchess (315kT Cu Metal @
Slide 14: Mayfield Historic Work Limited & Shallow
MAYFIELD HISTORIC WORK LIMITED & SHALLOW Near significant historical producers Very close proximity to both the to significant projects: • Trekelano copper mine (within the tenure, excised) which operated For personal use only from 1906-1943 and again from 2006-2009; producing 59,000 tonnes of Coppe
Slide 15: Mayfield: Maiden Drilling Program
MAYFIELD: MAIDEN DRILLING PROGRAM Near significant historical producers Highly positive results from the Company’s maiden Reverse Circulation (RC) drill program at Mayfield Copper-Gold Project were very positive.1 For personal use only Best results included: • 12m @ 1.55% Cu, 0.17ppm Au from 48m, in
Slide 16: Contact
For personal use only CONTACT C29 Metals Limited Jane Morgan Management Shannon Green Chloe Hayes Managing Director Investor & Media Relations +61 (0) 400 597 562 +61 (0) 458 619 317 shannon.green@c29metals.com.au chloe@janemorganmanagement.com.au www.C29 Metals.com.au Level 2, 234 George Street Syd
Slide 17: Terms of Acquisition
TERMS OF ACQUISITION The consideration under the Agreement is comprised of (subject to shareholder approval): For personal use only (a) $1,500,000 worth of shares to the shareholders of CA Metals (or their nominees) at completion of the Agreement; (b) $1,500,000 worth of shares to the shareholders o
Slide 18: C29: Other Projects
C29: OTHER PROJECTS Sampson’s Tank (Cu), NSW – 100% Located in an emerging Copper hot spot within highly mineralised Lachlan Fold Belt, 20kms from Helix Resources Collerina Discovery For personal use only and Locksley Resources Tottenham Copper resource Work Completed: VTEM Survey, IP Survey, Geoche
Slide 19: Schedule: Details of Non-JORC Foreign Estimates
SCHEDULE 1 For personal use only Details of Non-JORC Foreign Estimates in relation to ASX LR Chapter 5 Sections 5.10 to 5.12: Requirements applicable to reports of historical estimates and foreign estimates of mineralisation for material mining projects ASX:C29 19
Slide 20: Schedule: Cautionary Statement – Foreign Estimates
SCHEDULE 1 Cautionary Statement – Foreign Estimates The foreign estimate is not reported in accordance with the JORC code 2012. A competent person has not done sufficient work to classify the foreign estimate as a Mineral Resource Estimate in accordance with JORC Code 2012. It is uncertain that foll
Slide 21: Schedule
SCHEDULE 1 5.10 - An entity reporting historical estimates or historic For the Non-JORC foreign estimate included in this market release, C29 is not required to comply with Listing Rule 5.6 (JORC Code) as estimates of mineralisation in relation to a material mining all relevant and requested disclos
Slide 22: Schedule
SCHEDULE 1 5.12.3 - The relevance and materiality of the historical The foreign estimates for the uranium deposit are relevant and material to C29’s ongoing exploration efforts at Ulytau Deposit, as it estimates or foreign estimates to the entity. pertains to a project that could potentially be econ
Slide 23: Schedule
SCHEDULE 1 5.12.8 - The proposed timing of any evaluation and/or C29 is currently in the process of sourcing data. C29 is an ASX-listed Company and will fund exploration work in compliance with exploration work that the entity intends to undertake and listing rules, its Constitution, market conditio
Slide 24: Schedule
SCHEDULE 2 For personal use only In compliance with Question 36 of the ASX “Mining Reporting Rules for Entities: Frequently ASX Questions” (FAQs) for “ASX Listing Rules Guidance Note 31” the following information is provided in relation to the information contained in this Announcement in respect of
Slide 25: Schedule: Cautionary Statement – Foreign Exploration Results
SCHEDULE 2 Cautionary Statement – Foreign Exploration Results The foreign exploration results are not reported in accordance with the JORC code 2012. A competent person has not done sufficient work to disclosure the foreign exploration results in accordance with the JORC Code 2012. It is possible th
Slide 26: Schedule: Source and Date
SCHEDULE 2 Source and Date Primary Source The foreign exploration results are derived from the Exploration and historic estimate calculation REPORT ON RESULTS on the uranium deposit of “Jusandalin” Volume 1 and Volume 2 dated 1991 and authored by G. A. Savchenko and A. F. Yanikin. A copy of the rele