The sole purpose of this presentation is to provide shareholders with an update on current activities of the Company and the Caravel Copper Project. Notwithstanding the material in this presentation, shareholders should consider that any investment in the Company is highly speculative and should consult their professional advisers – whether scientific, business, financial or legal – before deciding whether to make any investment in the Company. The Company may at its absolute discretion, but without being under any obligation to do so, update, amend or supplement this presentation or any other information to the recipient.

The past 12 months have seen Caravel Minerals (ASX:CVV) complete a significant Pre-Feasibility Study work program and deliver important milestones to advance the large-scale, long-life Caravel Copper Project in Western Australia. The full range of feasibility studies continues to clearly demonstrate the Caravel Copper Project is a robust and executable project capable of near-term development.