Carlyle Commodities

Developing Resource Projects in Emerging Markets

This Carlyle Commodities profile is part of a paid investor education campaign.*

Overview

Carlyle Commodities (CSE:CCC) is a resource exploration and development company focused on acquiring, financing and developing growth-stage exploration projects that offer substantial upside. Carlyle Commodities’ flagship Cecilia gold-silver project is located in Sonora, Mexico approximately 40 kilometers southwest of Agua Prieta. The project is drill-permitted and comprised of 7,739.4 hectares that have returned top rock chip and grab samples of 133.7 g/t gold and 335 g/t silver.

Carlyle Commodities also owns five projects in British Columbia, including its Sunset volcanic massive sulfide (VMS) cobaltcopperzinc project, located only two hours drive from Vancouver, British Columbia, which was used as the company’s qualifying transaction. Carlyle’s other four BC projects are vanadium properties along the coast of British Columbia: Blackie, Peneece, Porcher and Star. Each property is located near major shipping routes and ports which could aid in delivering a finished product to foreign markets and end-users. The properties also host historical exploration work providing the company with additional exploration potential moving forward.

Moving forward, Carlyle Commodities is exploring the potential of expanding its portfolio of resource projects, with particular focus on the precious metals markets.

Carlyle Commodities’ Company Highlights

  • Flagship Cecilia gold-silver project is located in Sonora, Mexico and includes multiple drill targets across the ~80km2
  • Rock chip and grab sample highlights from the Cecilia project include 133.7 g/t gold and 335 g/t silver
  • Strong and committed management team with proven success in raising capital, making exploration discoveries and creating significant shareholder value
  • A deal flow pipeline where the Carlyle team is actively reviewing other precious metal exploration projects of merit with a focus on the Americas, targeting the closing of additional deals in 2020
  • World-Class grade and tonnage with an exploration focus on projects that offer both high-grade and tonnage
  • A clean capital structure with approximately 20 million shares outstanding, most held by experienced resource investors offering prospective investors good value and significant upside potential
  • Approximately 5 million shares in the trading float as of July 2020

Carlyle Commodities’ Cecilia Gold Project

Carlyle Commodities’ flagship Cecilia gold project is located 40 kilometers southwest of Agua Prieta in Sonora, Mexico. The project is comprised of 7,739.4 hectares hosting low-sulfidation epithermal gold-silver rhyolite mineralization. The project is drill permitted and includes multiple drill targets across the property. Rock chip and grab samples including 133.7 g/t gold and 335 g/t silver have been collected from the property.

The drill targets at the Cecilia gold project are split into two categories: four Cerro Magallanes Targets and six Cecilia 1 Targets. Carlyle Commodities intends to explore the Cerro Magallanes Targets of San Jose, North Breccia, Central Target and East Target during its summer 2020 drill program. The Cecilia 1 targets of Casa de Piedra, La Mesa, Medias Rojas, Cruz 1, Cruz 2 and Magallanecito could be explored at a later date.

Interval sampling at the Cerro Magallanes Targets has returned extensive wide intervals of gold mineralization, including:

Surface

  • 30 & 60 g/t samples
  • 27m @ 3.1 g/t gold
  • 25m @ 3.6 g/t gold
  • 20m @ 2.4 g/t gold

Underground

  • 26m @ 1.9 g/t gold
  • 14m @ 2.4 g/t gold
  • 47m @ 1.1 g/t gold

Previous drilling at the Cerro Magallanes targets has returned 30 meters at 1.41 g/t gold and 42 meters at 0.5 g/t gold.

Exploration

carlyle commodities project targets

Moving forward, Carlyle Commodities intends to follow a five-step exploration strategy at the Cecilia gold project including prospecting, mapping, drill target definition, discovery drilling and resource drilling. In the summer of 2020 Carlyle Commodities is undertaking a 5,000-meter drill program to test three gold targets that have previously been defined on the property, using a combination of old mine works and recent prospecting.

carlyle commodities exploration next steps

Carlyle Commodities’ Management Team

Morgan Good — Founder, President, CEO and Director

Morgan Good is a venture capitalist with 15 years of experience as a stock market professional focusing in areas of finance, corporate development and investor relations. He founded Patriot Capital in 2013 to invest in both private and public equity, with an emphasis on sourcing undervalued opportunities in the mining resource, cannabis and technology sectors. He recently served as CEO and Director of Ignite International Brands (CSE:BILZ) and handed his CEO role over to Instagram celebrity and professional poker star, Dan Bilzerian. He has been directly and indirectly responsible for raising in excess of $100 million over his career.

Mike Blady — Director

Mike Blady has served as senior management, director and member of the audit committees for several publicly-listed companies. Currently, he is the CEO and Director of Golden Ridge Resources (TSXV:GLDN), which recently made a new major alkalic copper-gold porphyry discovery in the Golden Triangle. He is also an Officer and Director of GTEC Holdings (TSXV:GTEC). He has served in many other companies on executive levels where he has been directly and indirectly responsible for raising in excess of $100 million to date.

Leighton Bocking — Director

Leighton Bocking is an independent corporate development consultant. He was the Manager of Corporate Development at Gold Standard Ventures Corp. from October 2014 through November 2015, and prior to that worked in a corporate development role at Timmins Gold Corp. from March 2008 through July 2013, both mining resource companies that combined raised in excess of $100 million.

Alastair Brownlow — CFO

Alastair Brownlow is a Chartered Professional Accountant and a US Certified Public Accountant (Washington) with significant public company experience who has specialized in the mineral exploration and development field in Canada and throughout the world. He also previously worked as an auditor in the British Virgin Islands specializing in financial and regulatory reporting of public and private fund and trust companies. Prior to this, he worked for a Canadian chartered accountant firm where he specialized in the mining industry, gaining significant accounting experience auditing mineral exploration and development companies in Canada and throughout the world. Brownlow has a Bachelor of Business Administration degree with first-class honors from Simon Fraser University.


This profile is sponsored by Carlyle Commodities (CSE:CCC). This profile provides information which was sourced by the Investing News Network (INN) and approved by Carlyle Commodities, in order to help investors learn more about the company. Carlyle Commodities is a client of INN. The company’s campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Carlyle Commodities and seek advice from a qualified investment advisor.