Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Australian Nickel Conference 2020
29 slides from Centaurus Metals's conference presentation, Oct 6, 2020
Slide 1: Australian Nickel Conference Presentation (ASX announcement)
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 6 October 2020 Australian Nickel Conference Presentation For personal use only Centaurus Metals (ASX: CTM) is pleased to advise that its Managing Director, Darren Gordon, will be presenting at the Australian Nickel Conference on 6 October 2020. A copy of t
Slide 2: Jaguar: the new global nickel sulphide growth project
BRAZIL Pará For personal use only Minas Gerais ASX : CTM Jaguar: the new global nickel sulphide growth project ✓ Near-surface +500Kt maiden JORC Mineral Resource Estimate ✓ Outstanding resource growth and new discovery opportunities ✓ High-grade development potential – open pit & underground 6 Octob
Slide 3: Disclaimer
Disclaimer ▪ This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in For personal use only relation to the purchase or sale of shares in any jurisdiction. This presentat
Slide 4: Centaurus – A Compelling Nickel Investment
Centaurus – A Compelling Nickel Investment Focused on developing the advanced Jaguar Nickel Sulphide For personal use only Project Globally Significant Maiden JORC Indicated and Inferred MRE of 48.0Mt at 1.08% Ni for 517,500 tonnes of nickel metal – 80% of nickel tonnes within 200 metres of surface
Slide 5: Nickel – The Looming EV Revolution
Nickel – The Looming EV Revolution For personal use only Current nickel market size ~2.5Mt Nickel demand for batteries growing strongly (more than 4X in six years to 2018) but from a low base – still only 145,000t or 6% of market Depending on the scenario for the EV rate of adoption, nickel volumes
Slide 6: Corporate Summary
Corporate Summary For personal use only Capital Structure October 2020 CTM Share Register Composition Shares on Issue 325.8m Listed Options (EP $0.18, Exp 31/5/21) 28.9m Institutional & Corporate 28% 44% Unlisted Options 12.1m Board & Management High Net Worth Top 20 Holders 59% Retail Directors & M
Slide 7: Board and Management Team
Board and Management Team Extensive Brazil and Nickel Development Experience For personal use only MANAGEMENT TEAM DARREN GORDON BRUNO SCARPELLI ROGER FITZHARDINGE JOHN WESTDORP JOHN KNOBLAUCH ROCKY OSBORNE MANAGING DIRECTOR BRAZIL COUNTRY MANAGER OPERATIONS MANAGER CHIEF FINANCIAL OFFICER PRINCIPAL
Slide 8: Brazil's Carajás Mineral Province – Land of the Giants
Brazil’s Carajás Mineral Province – Land of the Giants The Carajás is one of the world’s most prolific For personal use only mining regions – effective industrial zone of Brazil Extensive infrastructure to support project development 10 IOCG deposits with resources of +100Mt Cu-Au for +4.0Bt of Cu-A
Slide 9: Project – Outstanding Infrastructure and Logistics
Jaguar Project – Outstanding Infrastructure and Logistics For personal use only 40km north of regional mining centres of Tucumã and Ourilândia do Norte (population 70,000) – mining towns with strong skilled workforce High-Voltage (138kV) sub-station located at Tucumã – 80% of power generation in Bra
Slide 10: Project – Only 15km From Onça Puma Ferronickel Plant
Jaguar Project – Only 15km From Onça Puma Ferronickel Plant For personal use only 9
Slide 11: Project – Scoping Study Well Advanced
Jaguar Project – Scoping Study Well Advanced The Scoping Study aims to demonstrate that, subject to further development work, Centaurus is well placed to deliver on For personal use only its aspirations to be a clean and efficient 20,000 plus tonne per annum nickel producer by the end of 2024 to ass
Slide 12: Project – Large-Tonnage Resource at Surface
Jaguar Project – Large-Tonnage Resource at Surface For personal use only JORC Mineral Resource Estimate of 48.0Mt at 1.08% Ni for 517,500 tonnes of contained Nickel Metal Tonnes Grade Contained Metal Tonnes Classification Ore Type Mt Ni % Cu % Co ppm Ni Cu Co Transition Sulphide 0.3 1.09 0.09 310 3,
Slide 13: 75km of Development & Growth Drilling Underway
75km of Development & Growth Drilling Underway For personal use only Resource Development & Growth 30km In-fill and Extensional Drilling 15km Step-out Drilling 5km Geotech & Met Drilling Greenfields Growth Drilling 25km drill program ready to commence 12
Slide 14: South Deposit – Open at Depth and Along Strike
Jaguar South Deposit – Open at Depth and Along Strike For personal use only 15.5Mt at 1.10% Ni for 170,700t of contained Nickel Metal High-grade: 7.0Mt at 1.58% Ni for 110,900t of Nickel Metal High-grade from surface and open along strike and at depth Strong correlation between high- grade nickel an
Slide 15: South Deposit – Consistent, High-Grade Zones
Jaguar South Deposit – Consistent, High-Grade Zones For personal use only +600m strike of semi-massive and massive nickel sulphide from surface to +300m depth (and still open) Best intercepts from Jaguar South: ❑ 34.0m at 3.31% Ni from 56m ❑ 42.3m at 2.20% Ni from 76m ❑ 37.7m at 2.11% Ni from 109m ❑
Slide 16: Central & North Deposits – Shallow, High-Grade Ni
Jaguar Central & North Deposits – Shallow, High-Grade Ni For personal use only 7.4Mt at 1.13% Ni for 83,400t of Jaguar Central contained Nickel Metal High-grade: 4.1Mt at 1.44% Ni for 59,400t of Nickel Metal Jaguar North 2.8Mt at 1.14% Ni for 32,300t of contained Nickel Metal High-grade: 1.5Mt at 1.
Slide 17: Central Deposit – More Results Soon
Jaguar Central Deposit – More Results Soon For personal use only +400m strike of semi-massive nickel sulphide from surface to +300m depth (open along strike and down-dip) Best intercepts from CTM drill holes at Jaguar Central : Multiple DHEM conductor plates ❑ 40.5m at 1.35% Ni from 20.0m, incl 12.0
Slide 18: North Deposit – More Near-Surface & High-Grade
Jaguar North Deposit – More Near-Surface & High-Grade For personal use only +400m strike of semi-massive and massive nickel sulphide from surface to +300m depth (open along strike and down-dip) Best results from initial CTM drill holes at Jaguar North: ❑ 26.8m at 1.21% Ni from 84.3m o incl 10.8m at
Slide 19: Onça Preta Deposit – Width & Grade Increasing with Depth
Onça Preta Deposit – Width & Grade Increasing with Depth For personal use only +150m strike of semi-massive and massive nickel sulphide from surface to +300m depth – and open Global: 3.6Mt at 1.59% Ni for 56,600t of Nickel Best intercepts from the Onça Metal Preta Deposit: High-grade: 2.9Mt at 1.75%
Slide 20: Onça Rosa – Got the “Pink Panther” by the tail!
Onça Rosa – Got the “Pink Panther” by the tail! 600m long FLEM plate coincident with ground magnetic at major regional structural intersection For personal use only Significant intersections to date: ❑ 7.9m at 5.27% Ni (from 247m) ❑ 9.3m at 3.13% Ni (from 282m) ❑ 3.5m at 2.38% Ni (from 272m) ❑ 3.9m
Slide 21: Project – Project Development Underway
Jaguar Project – Project Development Underway For personal use only Preliminary Metallurgical Testwork Flotation tests deliver +80% nickel recoveries* from Jaguar South and Onça Preta ore. Jaguar Central and North testing has commenced. Quality +16% nickel concentrate, with high Fe:MgO (~5.5:1) and
Slide 22: Project – Environmental Licensing
Jaguar Project – Environmental Licensing Fast-tracking Approvals For personal use only Initial drilling licence secured through to October 2022 Significant amount of environmental data historically collected by Vale for use by CTM in approval process Terms of reference received from Semas for main e
Slide 23: 75km of Development & Growth Drilling Underway
75km of Development & Growth Drilling Underway For personal use only Resource Development & Growth 30km In-fill and Extensional Drilling 15km Step-out Drilling 5km Geotech & Met Drilling Greenfields Growth Drilling 25km drill program ready to commence 22
Slide 24: Project – Greenfields Growth Potential
Jaguar Project – Greenfields Growth Potential For personal use only The Jaguar Project sits at the intersection of two regionally important mineralising structures Multiple untested prospects Coincident GeoTEM, Ground Mag and Geochem targets Detailed Ground Mag – completed Soil sampling & mapping -
Slide 25: Filhote Prospect – PGEs & Ni
Filhote Prospect – PGEs & Ni For personal use only PGE-Ni rich feeder zone from neighbouring Onça or Puma Layered Ultramafic-mafic Complexes? Filhote is associated with a mafic-ultramafic intrusive emplaced along (or cut by) the ENE-trending McCandless Fault 300m FLEM conductor plate coincident with
Slide 26: Project Development Timeline
Jaguar Project Development Timeline 2020 2021 2022 For personal use only Q1 Q2 Q3 Q4 DRILLING Resource Drilling - Infill & Extensional Jaguar South Jaguar Central Jaguar North Jaguar West Onça Preta Resource Drilling - New Resources Onça Rosa Regional Exploration Drilling New Priority Targets Ongoin
Slide 27: Centaurus – Key Investment Takeaways
Centaurus – Key Investment Takeaways For personal use only Nickel sulphide focus – high-grade nickel sulphide asset with flexible development options leveraged to strong long-term nickel market outlook Favourable project location – Carajás Mineral Province Globally Significant Maiden JORC MRE – 48.0
Slide 28: Jaguar: the new global nickel sulphide growth project
BRAZIL Pará For personal use only Minas Gerais ASX : CTM Jaguar: the new global nickel sulphide growth project ✓ Near-surface +500Kt maiden JORC Mineral Resource Estimate ✓ Outstanding resource growth and new discovery opportunities ✓ High-grade development potential – open pit & underground 6 Octob
Slide 29: Annexure – Jaguar MRE by Deposit
Annexure 1 – Jaguar MRE by Deposit Jaguar MRE by Deposit Jaguar High-Grade MRE by Deposit For personal use only Tonnes Grade Contained Metal Tonnes Tonnes Grade Contained Metal Tonnes Deposit Classification Mt Ni % Cu % Co ppm Ni Cu Co Deposit Classification Mt Ni % Cu % Co ppm Ni Cu Co Indicated 4.