Celsius Resources Ltd. · ASX:CLA

Celsius Resources — Investor Presentation (April 2021)

22 slides from Celsius Resources's investor presentation, Apr 8, 2021

  1. Slide 1: Celsius Resources Investor Presentation Update

    ASXASX RELEASE | 16| February RELEASE 2017 8 April 2021 For personal use only CELSIUS RESOURCES INVESTOR PRESENTATION UPDATE Perth, Australia, 8th April 2021 – Celsius Resources Limited (Celsius or the Company) (ASX: CLA) refers to its Investor Webinar Presentation lodged on 18 March 2021 and confir

  2. Slide 2: Large High-Grade Copper-Gold in North Luzon, Philippines

    For personal use only Large High-Grade Copper-Gold in North Luzon, Philippines INVESTOR UPDATE - MARCH 2021 ASX:CLA 1

  3. Slide 3: Disclaimer

    DISCLAIMER This presentation has been prepared by Celsius Resources Limited (“Celsius” or “CLA”). The information contained in this presentation is a professional opinion only and is For personal use only given in good faith. The information contained herein is confidential and proprietary to the Co

  4. Slide 4: Highly Experienced Board & Management

    HIGHLY EXPERIENCED BOARD & MANAGEMENT For personal use only • Over 40 years’ experience in resource industries and has been Director and held senior management positions with various mining companies in the UK and overseas. Martin Buckingham • Companies include Clogau Gold Mines plc, Atlas Consolida

  5. Slide 5: World-Class Copper-Gold in the Philippines

    WORLD-CLASS COPPER-GOLD IN THE PHILIPPINES For personal use only  Advanced high-grade copper-gold projects acquired by Celsius Resources via 100% purchase of UK Company Anleck Ltd  Flagship project, Maalinao-Caigutan-Biyog (MCB) Copper Gold Project contains a large, high-grade copper gold porphyry

  6. Slide 6: MCB Copper Gold Project – Project Location

    MCB COPPER GOLD PROJECT – PROJECT LOCATION • Lies within the Central Cordillera Region on the Island of Luzon, ~320 km north of For personal use only Manila. Tenement covers ~2,719 hectares. • Significant porphyry copper-gold deposits exist throughout the region including: • Philex deposit in the so

  7. Slide 7: MCB Gold Copper Project – Historical Exploration Success

    MCB GOLD COPPER PROJECT – HISTORICAL EXPLORATION SUCCESS For personal use only Results from historical drilling conducted by Makilala Mining Co., Inc. (MMCI) which was a wholly owned subsidiary of Freeport- McMoRan, one of the world’s largest copper/gold producers: • 384.00 m @ 1.25% copper & 0.46 g

  8. Slide 8: MCB Gold Copper Project – Historical Exploration Success

    MCB GOLD COPPER PROJECT – HISTORICAL EXPLORATION SUCCESS For personal use only Cross Section A-B with highlighted drill hole intercepts and interpreted geology Cross Section C-D with highlighted drill hole intercepts and interpreted geology ASX:CLA Refer to ASX announcement of 16 September, 2020 for

  9. Slide 9: MCB Gold Copper Project – Maiden Mineral Resource Completed

    MCB GOLD COPPER PROJECT – MAIDEN MINERAL RESOURCE COMPLETED For personal use only  Maiden Mineral Resource estimate1 comprises 313.8Mt @ 0.48% copper, and 0.15g/t gold, at a cutoff grade of 0.2% copper.  290.3Mt @ 0.48% copper in the Indicated category, and  23.5Mt @ 0.48% copper in the Inferred

  10. Slide 10: MCB Gold Copper Project – Drilling Program Has Commenced

    MCB GOLD COPPER PROJECT – DRILLING PROGRAM HAS COMMENCED MCB - 034 For personal use only MCB - 033  Current exploration program1 targeting resource expansion and infill of Mineral Resource MCB - 036  Drilling contractor is MEGA Philippines - extensive experience in core drilling and civil explorat

  11. Slide 11: MCB Gold Copper Project – Community Relations

    MCB GOLD COPPER PROJECT – COMMUNITY RELATIONS For personal use only Imperative to the success of the MCB Project is proactive engagement with its host community and relevant stakeholders. This engagement includes:  Monthly gathering of the Balatoc Tribe Council of Elders, Barangay Council and Proje

  12. Slide 12: MCB Gold Copper Project – Indicative Timeline & Catalysts

    MCB GOLD COPPER PROJECT - INDICATIVE TIMELINE & CATALYSTS For personal use only NOV 2020 - FEB 2021 2021 2022 Free and Prior Resource DFS & Maiden Environmental Informed Consent & infill Impact Statement Government JORC Scoping Study (FPIC) for expansion (EIS) Completed Mineral Exploration in Minera

  13. Slide 13: Additional Philippine Assets to be Developed

    ADDITIONAL PHILIPPINE ASSETS TO BE DEVELOPED For personal use only Sagay Project (Nabiga-a Prospect) • Located in the northern part of Negros Island, Philippines, the Sagay prospect area occurs in a structural favorable region as it lies at the flank of Mandalagan and Silay Volcanoes. • Lies within

  14. Slide 14: Forecasts Robust on Long-Term Outlook for Copper

    FORECASTS ROBUST ON LONG-TERM OUTLOOK FOR COPPER We expect copper prices to remain elevated in 2021 as the global economy recovers and strength in China continues to underpin demand. In the medium term, we expect the market to stay relatively balanced with a global economic recovery offsetting new p

  15. Slide 15: Green Infrastructure Supports Bullish Mid-Term Outlook

    GREEN INFRASTRUCTURE SUPPORTS BULLISH MID- TERM OUTLOOK For personal use only We assume an average of 1.6% demand growth from 2021-2030 which is below the annual average for the past 40 years of 2.5%. This factors in slowing demand growth in China as the economy transitions towards services and away

  16. Slide 16: Inventories Expected to Remain Low and Support Higher Pricing

    INVENTORIES EXPECTED TO REMAIN LOW AND SUPPORT HIGHER PRICING For personal use only Despite our forecast of small surpluses for 2020 and 2021, we expect inventories to remain below the ‘critical level’ of 3 weeks through 2023 which historically has been supportive of higher prices **Source: RBCCM es

  17. Slide 17: Opuwo Cobalt Project

    OPUWO COBALT PROJECT • 95% interest in the highly prospective Opuwo Cobalt Project in For personal use only northern Namibia • Strong in country management led by Project Manager Pine van Wyk • Aiming to define a long life, reliable source of cobalt • Significant advantages: • Large scale • Favourab

  18. Slide 18: Opuwo Cobalt Project – Project Viability

    OPUWO COBALT PROJECT - PROJECT VIABILITY For personal use only  Assessing ways of improving project viability given recent increases in the cobalt and copper prices  Work has commenced on a Mineral Resource update which is expected to be completed in the June Quarter.  Further metallurgical test

  19. Slide 19: Corporate Structure

    CORPORATE STRUCTURE ASX:CLA Top 5 Shareholders (as at 16th March 2021) For personal use only Rank Name Balance Units Share Price (as at 16th March 2021) $0.046 BNP PARIBAS NOMINEES PTY LTD 1 43,702,366 5.26% <IB AU NOMS RETAILCLIENT DRP> Shares On issue 880 million 2 J P MORGAN NOMINEES AUSTRALIA PT

  20. Slide 20: Celsius Investment Proposition

    CELSIUS INVESTMENT PROPOSITION For personal use only  Advanced high-grade MCB copper-gold project in the Philippines  Accelerated exploration campaign underway  Focused on advancing towards development and operations  Upside from additional metalliferous assets in tier-1 mining jurisdictions  S

  21. Slide 21: Thank You

    ASX:CLA For personal use only 20 THANK YOU P: +61 8 6188 8181 F: +61 8 6188 8182 info@celsiusresources.com.au www.celsiusresources.com.au ASX:CLA 20

  22. Slide 22: Appendix 1: MCB – Maiden JORC Resource

    ASX:CLA APPENDIX 1: MCB – Maiden JORC Resource 21 Mineral Resource estimate at MCB at a cut-off grade of 0.2% copper. For personal use only Classification Tonnes (Mt) Copper Grade (%) Gold Grade (g/t) CopperMetal (kt) Gold Metal (kozs) Indicated 290.3 0.48 0.15 1,387 1,387 Inferred 23.5 0.48 0.10 11

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