Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Centaurus Resources — Investor Presentation (November 2008)
20 slides from Centaurus Metals's investor presentation, November 2008
Slide 1: Centaurus Resources Limited
Centaurus Resources Limited November 2008
Slide 2: Forward Looking Statements
Statements 2 Forward Looking Statements This presentation includes certain “forward looking statements.” All statements, other than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurances that such statements will prove a
Slide 3: Company Structure
Company Structure 3 @ 31 October 08 Shares on issue 30,555,548 Unlisted Options 6,650,000 Market AU $30.5m Capitalisation Share Price AU $1.00 Listed 10 August 2007 3
Slide 4: The Board
The Board 4 Darren Gordon Richard Hill Mark Papendieck Dr Klaus Petersen Stephen Woodham Chairman Exec Director Managing Director Exec Director Director 15 years experience 16 years Over the last decade, Mr 20 years experience 15 Years experience financial reporting and Resource Industry Papendieck
Slide 5: Carbon Steel Strategy - Brazil
Carbon Steel Strategy - Brazil 5 Near Term Production in a BRIC Economy Iron Ore • Production by 2010 – Targeting low cap-ex/op-ex Itabirite projects – Targeting 1Mtpa at two operations • Building +250Mt resource base Manganese • Exploration Upside from significant ground position in prospective Man
Slide 6: IQ – Projects & Infrastructure
IQ – Projects & Infrastructure 6 Centaurus Projects 1. 1. Itambe Itambe MINAS GERAIS 2. 2. Passabem Passabem 3. 3. Ferros Ferros 4. 4. Liberdade Liberdade 5 6 55 Ponte Ponte dede Pedra Pedra 2 6 Serra do Bicho 3 6 Serra do Bicho Brazil 1 4 BELO HORIZONTE ESPIRITO SANTO 150kms Large City MINAS GERAIS
Slide 7: Projects
Projects 7 Monjolos DIAMANTINA Serra Serra do do Brazil Ponte Ponte de de Bicho Bicho Pedra Pedra CURVELO Guanhães Large City Conceição do Mato Dentro Minas-Rio Minas-RioProject Project Town Morro Morrodo doPilar PilarProject Project Highway Ferros Ferros Road Itambe Itambe Passabem Railway Passabem
Slide 8: Regional Itabirite Projects
Regional Itabirite Projects 8 • Low development costs • Low mining and beneficiation costs • Similar highly friable ore across CUR projects • Proven beneficiation characteristics • Cash flow positive projects based on conservative mine gate sale. • Strong domestic demand • Export grade product >63.5
Slide 9: Liberdade Project Case Study
Liberdade Project Case Study 9 Liberdade ROM Financials USD Fe% SiO2% P% Al203% Mn% Capital Expenditure <$5m 37 43.52 0.03 2.21 0.02 Mining $5-6/t Beneficiation $1-2/t Upgradeable* to: Fe% SiO2% P% Al203% Mn% 67 2.38 0.01 0.50 0.02 Product Baseline Mine Gate Price (USD) Lump $60 Sinter $30 *results
Slide 10: Multiple Local Fe Projects
Multiple Local Fe Projects 20kms 10 Itambé 20 20 Mtpa Mtpa Conceição do Mato Dentro (by (by 2010) 2010) • Targeting 1Mtpa production 2010 Ferros Ferros Passabem Morro Morrodo doPilar PilarProject Project Passabem Passabem • Targeting 1Mtpa production 2010 Passabem Ferros • Potential being defined It
Slide 11: Near Production Projects
Near Production Projects 11 Itambé • Phase 1 drilling complete at Itambé-1 • Concurrently: – Applying for mining lease – Commencing desk top study – Designing future drilling phases at Itambé-1 Passabem • Laterally continuous 4km iron formation • Short drill program designed to define JORC compliant
Slide 12: Itambe – Magnetics & Geology
Itambe – Magnetics & Geology Banded Iron Formation 12 500m Proposed drillhole Alluvium Drillhole – In progress Gabroic Rock Al Alluvium Drillhole - Completed Quartzite Q Quartzite G Sericite-Quartz-Schist MS Mica-quartz schist IF Iron Formation G Gabbro MS 200m G G IF N DD10 IF MS Al G See Geologica
Slide 13: Passabem Project
Passabem Project 13 Granted Tenement Application Tenement 76 Passabem North 64 Rolled blocks of Iron Formation 80 PSB-X Iron Formation Granitoid Passabem Mica schist PSB-1 50 Sample Location 39 Dip & direction of foliation 40 Fault Road, Track Watercourse 51 36 780 RL Schematic X-Section 45 540 RL 3
Slide 14: Fe Production - Target Time Line
Fe Production - Target Time Line 14 Dec 08 Jun 09 Dec 09 Jun 10 Desktop PFS: Mine Ability to produce study -Infrastructure establishment up to 300Ktpa per commences review commences site prior to licence Application for mining - Environmental licensing begins PRODUCTION 2nd leases HALF 2010 Targetin
Slide 15: Exploration Upside - Manganese
Exploration Upside - Manganese 15 • Seeking to define significant primary and hydrothermal Mn mineralisation at Ponte de Pedra-1 & 2. • Encouraging early exploration results: – Correlating resistivity/ chargeability anomalies throughout survey area – Primary Mn outcrops – Rock Chips – Hydrothermal a
Slide 16: Ponte de Pedra Project
Ponte de Pedra Project 16 Brazil Acquisition Tenements Recent Centaurus Applications PdP-1 Excluded Area Area of initial IP Survey Historical Workings Rockchip Sample Córrego Pereira Formation Córrego dos Borges Formation Rio Pardo Grande Formation PdP-2 Macaúbas Group Lateritic Cover (Mn rich) Mn-p
Slide 17: Ponte de Pedra – Mn Geological Model
Ponte de Pedra – Mn Geological Model 17 17
Slide 18: Brazil – A BRIC Economy
Brazil – A BRIC Economy 18 • Behind China, Brazil is fastest growing top 10 producer of crude steel1 • Brazils steel production grew 7.3% in the first nine months of 20082 • Usiminas, the largest smelter in Brazil, is investing US$14 billion to increase production by 30% in Minas Gerais • Minas Gera
Slide 19: 12 Month Growth Plan
12 Month Growth Plan 19 Iron • Path to Production: – JORC resources – Desk top studies/Feasibility studies – Mining Leases • Exploration growth at near production projects & throughout broader tenement package Manganese • JORC resource at Ponte de Pedra Corporate • Cash from sale of Liberdade in1st
Slide 20: Centaurus Resources
Centaurus Resources An Emerging Iron Ore Producer Contacts: Darren Gordon darren.gordon@centaurus.com.au +618 9321 6201 Mark Papendieck mark@centaurus.com.au +55 31 9244 1374 Richard Hill richard@centaurus.com.au +618 9321 6201
Centaurus Resources — Investor Presentation (November 2008) on 6ix