Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Shareholder Meeting (May 2023)
24 slides from Cyprium Metals's shareholder meeting presentation, May 31, 2023
Slide 1: AGM Presentation May 2023
For personal use only AGM PRESENTATION MAY 2023 www.cypriummetals.com
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER IMPORTANT: You must read the following before continuing. This investor presentation (“Presentation”) has been prepared by Cyprium Metal s Limited (ABN 48 002 678 640) (“Cyprium” or “Company”). Summary information By reviewing or retaining these materials, or attendi
Slide 3: Vision Statement
VISION STATEMENT Cyprium Vision: For personal use only “To become a significant profitable copper producer targeting 100Kt+ of copper production annually with a multi-asset strategy set to capitalise on the global electrification thematic.” 3 CYPRIUM | AGM PRESENTATION - BUILDING AN AUSTRALIAN COPPE
Slide 4: Who is Cyprium Metals?
WHO IS CYPRIUM METALS? AUSTRALIAN COPPER DEVELOPER Located in a tier-1 mining jurisdiction • Strong global copper thematic • Attractive portfolio of 3 copper projects in Western Australia with a For personal use only Mineral Resource of +1.6 million tonnes of contained copper • Flagship project is t
Slide 5: The Nifty Strategy
THE NIFTY STRATEGY Restart the Nifty operation with lower capital intensity and risk by developing a large-scale open cut mine utilising its significant sunk capital infrastructure. This will unlock Nifty’s +15 year, +900Kt copper resource. Oxide processing within 1 year of FID For personal use only
Slide 6: Nifty Execution Plan – Indicative Timeline
NIFTY EXECUTION PLAN – INDICATIVE TIMELINE Month 3 Month 6 Month 12 Month 18 Month 24 Year 3 Year 4 (Year 1) (Year 1) (Year 1) (Year 2) (Year 2) Cathode Production For personal use only Execution Plan (updated costs) Integrated SX EW Production Scoping Study Financing/ FID Development/ Cu Metal (Oxi
Slide 7: Board of Directors & Senior Management
BOARD OF DIRECTORS & SENIOR MANAGEMENT For personal use only GARY COMB JOHN FEATHERBY BARRY CAHILL WAYNE APTED CLIVE DONNER MILAN JERKOVIC CFO & Company Non-Executive Chairman Non-Executive Director Managing Director Executive Executive Secretary • Mr Comb is an engineer • Mr Featherby has • Mr Cahi
Slide 8: Corporate Overview
CORPORATE OVERVIEW Corporate snapshot Share price performance Share price (22 February 2023 – date of suspension) AU$ 0.11/share AUD/share Shares on Issue 730.2 million 0.40 Performance rights 50.5 million Options Nil 0.35 For personal use only Market capitalization AU$ 80 million 0.30 Cash (31 Marc
Slide 9: Nifty Copper Mine – Site Layout
NIFTY COPPER MINE – SITE LAYOUT Permitted Tailings Dam For personal use only Waste Dumps 2.8Mtpa Sulphide Concentrator 400 person Mine Village Open Pit Waste Water Offices and Workshops Treatment Facility Heap Leach Pads Gas Pipeline Solution Ponds Bitumen All Weather Airstrip 25,000 tpa SX EW Plant
Slide 10: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper Mineral Resources in Australian Projects1 For personal use only 1. Refer to Appendix and https://cypriummetals.com/investor-centre/analyst-research-reports/ 10 CYPRIUM | AGM PRESENTATION - BUILDING AN AUSTRALIAN COPPER COMPANY | MAY 2023 Right Plan –
Slide 11: Brief History of Nifty
BRIEF HISTORY OF NIFTY History Historical production and copper prices • Nifty produced 720,000 tonnes of copper Annual copper cathode production Annual copper in concentrate production Grade between 1993 and 2019 from a single orebody (tpa) % Cu under the stewardship of 4 different companies For pe
Slide 12: Paterson Exploration Project
PATERSON EXPLORATION PROJECT Premier exploration destination in Australia - Cyprium leveraged to exploration success via JV with IGO Ltd • Large & highly prospective position in the Paterson Province, adjacent to Nifty processing For personal use only infrastructure • IGO can sole fund AU$32 million
Slide 13: Maroochydore Copper Project
MAROOCHYDORE COPPER PROJECT Potential to unlock value from a substantial copper resource • Substantial shallow Oxide and Sulphide Mineral Resource of over 480,000 tonnes of copper For personal use only • Mineralisation remains open along strike >3km and down-dip • Diamond drilling completed for meta
Slide 14: Murchison Copper Project
MURCHISON COPPER PROJECT Hollandaire and Nanadie Well are complementary deposits that comprise the Murchison Copper Project • Murchison Copper Project is a shallow resource development opportunity For personal use only • Cue Copper Project located ~20km east of Cue Township • Hollandaire Mineral Res
Slide 15: Summary
SUMMARY • Strong market thematic for copper demand – supply deficit • Critical mineral for the Green transition • MRE +1.6mt copper with exploration upside (3 projects) For personal use only • Tier 1 location copper assets with substantial endowment • Substantial sunk capital (>$450m) with valuable
Slide 16: Appendix
For personal use only APPENDIX 16 Cyprium | AGM Presentation - BUILDING AN AUSTRALIAN COPPER COMPANY | MAY 2023
Slide 17: Mineral Resource Estimates - Nifty
MINERAL RESOURCE ESTIMATES - NIFTY NIFTY COPPER OPERATION - MINERAL RESOURCE ESTIMATE AT MAY 2022 2 Cut-off Measured Indicated Inferred Total Ore Source Ore Grade Metal Ore Grade Metal Ore Grade Metal Ore Grade Metal %Cu Mt %Cu t Cu Mt %Cu t Cu Mt %Cu t Cu Mt %Cu t Cu Oxide 0.25 1.6 0.9 13,600 0.7 0
Slide 18: Mineral Resource Estimates - Maroochydore
MINERAL RESOURCE ESTIMATES - MAROOCHYDORE MAROOCHYDORE - MINERAL RESOURCE ESTIMATE AT 31 MARCH 2016 3 Ore Indicated Inferred Total Source Ore Gra de Conta i ned Ore Gra de Conta i ned Ore Grade Contained (Mt) (% Cu) (t Cu) (Mt) (% Cu) (t Cu) (Mt) (% Cu) (t Cu) For personal use only Sul phi de - - -
Slide 19: Mineral Resource Estimates – Hollandaire / Nanadie Well
MINERAL RESOURCE ESTIMATES – HOLLANDAIRE / NANDIE WELL HOLLANDAIRE - 2012 JORC MINERAL RESOURCE ESTIMATE 1 NANADIE WELL - 2012 JORC MINERAL RESOURCE ESTIMATE 4 Resource Grade Metal Grade Metal Grade Metal Material type Volume Tonnes Cu % Cu Tonnes Au g/t Au Ounces Ag g/t Ag Ounces Resource Category
Slide 20: Nifty Oxide – Capital Cost Estimate
NIFTY OXIDE – CAPITAL COST ESTIMATE Projected development capital expenditure (AU$M) Breakdown of capital expenditure Capex item AU$M • Estimated capital cost from the Crushing 6.4 Nifty Copper Restart Study is ~ AU$149M For personal use only Agglomeration & Heap Leach Pad Construction 42.8 • Maximu
Slide 21: Nifty Copper Project Approvals & Licenses
NIFTY COPPER PROJECT APPROVALS & LICENSES NIFTY COPPER PROJECT APPROVALS Department Permit / Item Description Status Date Lodged Approved Works Approval and Licence Amended Prescribed Activities Licence to enable processing Approved 8th March 2022 4th August 2022 Department of Water & Environmental
Slide 22: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX Mineral Resource Contained Cu Contained Contained Label Project CommodityStage Code Operator As of Date Tonnes Total Cu% Metal M&I Tonnes Cu% Cu Metal Inferred Cu% Cu Metal CYPRIUM MRE COMBINED Cy
Slide 23: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX Label Project Commodity Stage Code Operator Date SOURCE Page Link Caravel, CVV Caravel Copper PFS completed Jul 2022 CVV Caravel Minerals Limited 12-Jul-22 PFS results 12 https://cdn-api.markitdig
Slide 24: Thank You – Contact Us
For personal use only THANKYOU Contact Us Registered Office & Principal Place of Business Level 1 437 Roberts Road Unit 1, Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com