Prospects gDesign 2 August 2023



Play Video about Caravel Minerals Resources Rising Stars Presentation ASX:CVV

OPERATING STRUCTURE Owner-miner TENEMENTS E70/2788, E70/3674, E70/3680, R70/0063, MLA70/1410, MLA70/1411, GPLA70/262, GPLA70/263

MINERALISATION Porphyry-style chalcopyrite sulphide mineralisation associated with foliated granitic gneiss

ORE RESERVE 583.4Mt at 0.24% copper

RECOVERY ~89% Cu and ~60% Mo

MINERAL RESOURCES 1.18 Billion tonnes @ 0.24% Cu and 48ppm Mo for 2.84Mt of contained copper 0.1% Cu cut-off

MINING METHOD Conventional open-pit using electrified and automated technologies including diesel-electric haul trucks and electric drills and shovels

PROCESSING CAPACITY 30Mtpa throughput PROCESSING FLOWSHEET Primary and secondary crushing, high-pressure grinding (HGPR) and ball mill followed by conventional rougher, cleaning flotation, thickening and filtering with the inclusion of a molybdenum recovery circuit

PRODUCTION ~71,000tpa copper-in-concentrate (years 1–5) ~65,000tpa copper-in-concentrate (steady state) ~900tpa molybdenum-in-concentrate

POWER Existing access to grid power from WA State (SWIS) grid with a renewable energy mix

WATER Borefield ~60km west with an associated pipeline

EXPORT Concentrate trucked by public road ~340km to Bunbury Port or ~400km to Geraldton Port


Caravel Minerals Limited (ASX: CVV) has exploration prospects…

Caravel Minerals CVV Exploration Prospects
Exploration Prospects

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