Centaurus Metals Limited · ASX:CTM
Centaurus Metals — SMI Mining Investment Conference 2023
22 slides from Centaurus Metals's conference presentation, Mar 22, 2023
Slide 1: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Darren Gordon, Managing Director 21–22 MARCH 2023
Slide 2: 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 relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into
Slide 3: Investment overview
Centaurus Metals World-class Resource Investment overview with significant growth potential Developing a globally Extremely low carbon significant nickel footprint sulphide asset Favourable Targeting production of infrastructure-rich +20ktpa of nickel in location in Brazil’s sulphate over +20 year C
Slide 4: Corporate Summary
Corporate Summary 427m A$384m Centaurus is developing one of the world’s premier new near- surface nickel sulphide projects, with class-leading GHG emission credentials, to take advantage of surging demand for Class-1 Shares on issue Market cap at A$0.90 nickel from the global EV industry. 70% A$34m
Slide 5: Brazil
Brazil Responsible Mining in an emission-friendly jurisdiction STRATEGIC MINERALS POLICY ENVIRONMENTAL ROAD MAP TO MINING Recently-created to assist in Approval Process clearly defined Well-Established Mining Regulation approval process for strategic with Terms of Reference issued for and Tenement S
Slide 6: Getting Ready for an Electric Future
Getting Ready for an Electric Future Nickel is a key ingredient for the clean energy revolution WHERE IS THE NEW SUPPLY COMING FROM? EVs and the path to decarbonisation require Class-1 nickel Class-1 nickel will preferentially be sourced from sulphide deposits – low capital intensity, easy processin
Slide 7: GHG Emissions – Forecast to be a Class-leader
GHG Emissions – Forecast to be a Class-leader Powered by renewables & high-grade nickel sulphides GHG Intensity Curve – Nickel (E1 GHG Emission Metrics®) Jaguar Nickel Sulphate Project 4.69t of CO2/t of NiEq Net Sequester of Carbon during exploration phase of work at Jaguar Life-of-mine CO2 footprin
Slide 8: Approvals & Stakeholder Engagement
Approvals & Stakeholder Engagement Environmental Approvals On-Track ● Environmental Impact Assessment (EIA/RIMA) lodged ● Jaguar Project is a Strategic Mineral Project in Brazil ● Mining Lease Application (PAE) lodged Other Environmental Programs ● Plant Nursery constructed on site ● Assist with the
Slide 9: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 9
Slide 10: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV &138kV) grid power within 40km of Project ● Brazil’s national power grid runs on +80% renewables ● Low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do Norte (pop +70,000) – min
Slide 11: A$2.2 billion with 89% IRR – 2021 Scoping Study
Jaguar Project – 2021 Scoping Study 2.7Mtpa nickel sulphate plant to produce +20ktpa nickel in sulphate Blended Mill Feed: 33.7Mt @ 1.01% Ni for 341,300t of contained Ni over initial ~13-year LOM +75% of mill feed from open pit Refine local based At conservative SS Ni prices of US$7.50/lb Resource
Slide 12: Jaguar Project – World-Class Resource
Jaguar Project – World-Class Resource Large-Tonnage, High-Quality JORC Mineral Resource Estimate: 108.0Mt @ 0.87% Ni for 938,500 tonnes of contained nickel metal ● Measured & Indicated Resource of 85.8Mt @ 0.85% Ni for 730,300 tonnes - 75% of the Global MRE ● +500kt of M&I nickel metal within 200m o
Slide 13: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth +80% since the Company’s maiden Resource in June 2020 – that’s 421kt of contained nickel in 30 months ● Currently adding 165,000tpa of Ni metal in resources ● Targeting 1 million tonnes of nickel metal in 2023 ● The
Slide 14: Jaguar Project – Globally Significant Project Taking Shape
Jaguar Project – Globally Significant Project Taking Shape Definitive Feasibility Study Ongoing Multiple DFS Work Fronts Progressing Well Mining ● Jaguar pits coalescing into one – strike extent of +3km, up to 1km width and depths that extend to over 300m ● Maintaining a low strip ratio of around 7.
Slide 15: Pilot Plant Delivering Positive Results
Jaguar Project – Globally Significant Project Taking Shape Pilot Plant Delivering Positive Results Testwork Supports Pathway to Battery-grade Nickel Sulphate Product • Extensive flotation testwork demonstrated over 94% sulphide nickel recovery to concentrate • Over 800kg of high-quality concentrate
Slide 16: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás Jaguar Deeps Planned Drilling Source: Wheaton Precious Metals: Salobo Cu-Au Mine, Technical Report, December 2019 16
Slide 17: Open at depth & below UG stope limits
Jaguar Project – Resource Growth and Upside Open at depth & below UG stope limits 400m 600m Untested Jaguar South Jaguar Central Onça Preta 17
Slide 18: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline Q1 2027 - First Production 2025/2026 – Construction Phase Q3/2024 – Final Investment Decision - FID Q4/2023 – Definitive Feasibility Study Q2/2023 – Process Design of Refinery Circuit Q1/2023 – Pilot Plant Test Work Q4 2022 – MRE Resource Upgrade Delivere
Slide 19: Key Investment Takeaways
Centaurus Metals Key Investment Takeaways ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Tier-1 JORC Resource ● Long-life project ● Strong returns and cash flow generation ● Outstanding growth potential ● The right team and well funded 19
Slide 20: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Darren Gordon, Managing Director 21–22 MARCH 2023
Slide 21: December 2022 JORC MRE & May 2021 Production Target
Centaurus December 2022 JORC MRE & May 2021 Production Target Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 27.6 0.87 0.05 198 0.13 240,300 13,000 5,500 37,200 Jaguar South Inferred 7.0 1.10 0.07 262 0.09 76,300 4,600 1,800 6,400 Total 34.6 0.92 0.05 211
Slide 22: Comparison of ASX-listed nickel sulphide deposits
Centaurus Data and references for comparison of Nickel Sulphide deposits held by ASX listed companies. Measured & Indicated Inferred Total Project Project Company Development Stage* Mine Type Mt Ni% Ni Metal Mt Ni% Ni Metal Mt Ni% Ni Metal 1 Yakabinde - BHP Yakabinde BHP Operating Open Pit 246 0.6 1
Centaurus Metals — SMI Mining Investment Conference 2023 on 6ix