castillo copper · castillo copper limited (asx: ccz) has assets in eastern australia and chile....

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www.zeldatherapeutics.com Disclaimer The material in this fact sheet has been prepared by Castillo Copper and is general background information about Castillo Copper’s activities as at the date of this fact sheet. This information is given in summary form and does not purport to be complete. Information in this fact sheet, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters and, if necessary, seek independent financial advice. This fact sheet may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to Castillo Copper’s business, products and operations, market conditions, results of operations, financial condition and capital adequacy. Readers are cautioned not to place undue reliance on these forward looking statements. Castillo Copper does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. Unless otherwise specified all information is for the quarter ended 30 June 2017. CASTILLO COPPER

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Page 1: CASTILLO COPPER · Castillo Copper Limited (ASX: CCZ) has assets in eastern Australia and Chile. The Australian assets, which were acquired outright in mid-2017, compriseof six highly

www.zeldatherapeutics.com

Disclaimer

The material in this fact sheet has been prepared by Castillo Copper and is general background information about Castillo Copper’s activities as at the dateof this fact sheet. This information is given in summary form and does not purport to be complete. Information in this fact sheet, should not beconsidered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financialproducts or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on anyinformation you should consider the appropriateness of the information having regard to these matters and, if necessary, seek independent financialadvice.

This fact sheet may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to CastilloCopper’s business, products and operations, market conditions, results of operations, financial condition and capital adequacy. Readers are cautioned notto place undue reliance on these forward looking statements. Castillo Copper does not undertake any obligation to publicly release the result of anyrevisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Unless otherwise specified all information is for the quarter ended 30 June 2017.

CASTILLO COPPER

Page 2: CASTILLO COPPER · Castillo Copper Limited (ASX: CCZ) has assets in eastern Australia and Chile. The Australian assets, which were acquired outright in mid-2017, compriseof six highly

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New South Wales:Jackaderry North & South: prospective for copper-cobalt.Initial results for Jackaderry North are very encouraging asanomalous cobalt (max 430ppm) were found in zonestrending north-northwest. For Jackaderry South, desktopreview focused on the historic Cangai Copper Cobalt Mine,which has confirmed deposits of supergene ore with up to35% copper.

Peak Hill & Total Minerals: prospective for copper-cobalt-zinc.Located within a 20km radius of Broken Hill, NSW. Sufficientpreliminary data to prove up a JORC compliant resource forcobalt-zinc.

Queensland: Big Oxide North & Hill of Grace: prospectivefor copper-cobalt. Located in Mt Isa, northwest Queensland.Big Oxide Copper mine has demonstrated occurrences ofcopper-cobalt-zinc-lead-silver-manganese-uranium.

Chile assets: wholly-owned Chilean assets comprise of sixexploration concessions across a total area of 1,800 hectares(known as ‘Trueno’ concessions) - well known for high gradecopper-gold projects.

OurProjects CastilloCopperLtd(asofAug 2017) ASX:CCZ

TotalShares onIssue 457m

Options 21m

MarketCapitalisation(asat11Aug) $16.7m

Cashatbank(asatJun2017) $1m

BusinessStrategy

Exploration ScalableJORCcompliantresource

Agreementwith3rdpartyprocessors Production CashFlow

Castillo Copper Limited (ASX: CCZ) has assets in eastern Australia and Chile. The Australian assets, which wereacquired outright in mid-2017, comprise of six highly prospective copper-cobalt-zinc project areas in New South Wales(NSW) and Queensland (QLD): Jackaderry North and South projects (NSW), Peak Hill and Total Minerals projects(NSW) and Big Oxide North and Hill of Grace (QLD).

The company’s strategy is to expedite production andgenerate cash flow through using 3rd party processors withinrange of the project areas and selling end-product on theLondon Metal Exchange. CCZ is optimistic that three JORCcompliant inferred resources can be modelled relativelyquickly, based on analysing historical data and inauguraldrilling programs.

FACTSHEET

CapitalStructure

Top20

Other51.5%

48.5%

Page 3: CASTILLO COPPER · Castillo Copper Limited (ASX: CCZ) has assets in eastern Australia and Chile. The Australian assets, which were acquired outright in mid-2017, compriseof six highly

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FuturePlans

©Copyright2017CastilloCopperLtd. CONTACT:[email protected]

Clearstrategyandrevenuemodel.

Strongbusiness operatingplanwhichwillleadtoactivenewsflow.

Growingmarketdemandforcobalt-copper-zinc.

Leadingindustryboardandmanagementexpertise.

InvestmentProposition

BoardandManagementTeam

DavidWheeler |Non-ExecutiveDirectorMore than 30 years of Senior Executive Management, Directorships, and Corporate Advisory experience. Foundation Director and Partner of Pathways Corporate, a boutique corporate advisory firm. Experience on public and private company boards and currently holds a number of Directorships and Advisory positions in Australian companies.

NeilHutchison |TechnicalExecutiveDirectorFirst Class Honours (Geology) from University of Southern Queensland, membership of the Australasian Institute of Geoscientists (2004). Worked in the mining industry for 25 years including senior positions with Jubilee Mines and Troy Resources.

AlanArmstrong | Executive DirectorExperienced chartered accountant, spent his career focused on advising small-to-medium sized businesses. Developed extensive relationships with the investment community during his tenure. Bachelor of Business from Charles Sturt University, member of the Institute of Australian Chartered Accountants.

Queensland projects:Further desktop work required as cobalt was not thefocus of previous explorations. Drilling will commenceas soon as practical to identify JORC compliantresource.

New South Wales:Peak Hill & Total Minerals: Next priorities are toidentify more anomalies and priority drill zones.Jackaderry North & South: Immediate priority tomodel a JORC compliant resource for copper-cobalt-zinc.

Copper-Cobalt-ZincMarkets

Source: [1] Citi2017,GlobalCopperEquities [2] Stanley,M2017,Cobaltmeasured [3]ABCNews2017,Cobalttotheforeaslithium-ionbatterydemandrises [4]Mining.com2017,Coppertobebestperformingcommodityof2017[5]USGS2017,Zinc [6]Statista2017,GlobalConsumptionofZinc2004-2016[7] MetalMiner2017,ZincpriceforecastMay2017[8]KNOEMA2017,Zincpriceforecast[9]InvestingNews2017,10topzinc-producingcountries.

Copper: most preferred commodity, with 75% used for electrical applications (powercables, building wires) and 25% for non-electrical applications (building construction)2.China has the highest demand for copper, accounting for ~50% of global copperdemand4. As of June 2017, it was predicted that prices will hit US$6,200/ton4.

Cobalt: a key component in cathodes for some types of rechargeable lithium-ionbatteries1. Therefore, as the demand for electric vehicles, renewable energy storageand portable devices increases, so does the interest in cobalt1,3. Estimated that thereis ~124,000 tons of cobalt supplied each year3. Since December 2016, the price for aton of cobalt metal increased from US$31,500/ton to US$36,000/ton – predicted tocontinue to rise3.

Zinc: mainly used as coating to protect iron and steel from corrosion5. In 2016, 13,885tons of zinc was consumed worldwide6 - predicted that global demand for zinc willincrease to 14.3 million tonnes in 20177, with prices estimated to grow to US$2,724per metric ton8 . China remains the world’s biggest zinc producer, generating 4.5million metric tons in 20169, followed by Peru (1.3 million MT) and Australia (850,000MT)9.