Centaurus Metals Limited · ASX:CTM
Centaurus Metals — RIU Explorers Conference 2021
21 slides from Centaurus Metals's conference presentation, Feb 16, 2021
Slide 1: Jaguar: a globally significant nickel sulphide project for a clean energy future
For personal use only Jaguar: a globally significant nickel sulphide project for a clean energy future Developing a long-life nickel project in the heart of Brazil’s premier Carajás Mineral Province RIU Explorers Conference - February 2021 Roger Fitzhardinge, Operations Manager - Nickel 1
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: A compelling nickel investment
Centaurus Metals A compelling nickel investment Developing the Jaguar Nickel Sulphide Project For personal use only ● ● Located in the world-class Carajás Mineral Province – home to Vale, extensive regional mining infrastructure and some of the world’s largest deposits ● Globally significant Resourc
Slide 4: Our COVID-19 response
Centaurus Our COVID-19 response Centaurus continues to work closely with the health authorities in For personal use only ● the local municipalities to ensure the health and safety of its people and the community ● Community Support: ● Test kits as well as medical PPE (masks, coveralls and hand sanit
Slide 5: Corporate Summary
Corporate Summary Capital Structure February 2021 Substantial Shareholders For personal use only Shares on Issue 327.6m Sprott Inc. 10.6% Listed Options (EP $0.18, Exp 31/5/21) 27.3m McCusker Holdings Pty Ltd 7.1% Dundee Corporation 5.1% Unlisted Options 12.0m Board and Management 4.0% Top 20 Holder
Slide 6: A New Era of Nickel Sulphide Demand
A New Era of Nickel Sulphide Demand The looming clean energy 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 f
Slide 7: Our vision
Centaurus Metals Our vision For personal use only Underpinned by a high-quality asset at Jaguar, we are well placed to deliver on our aspiration to be a clean and efficient 20,000-plus tonne per annum nickel producer by the end of 2024 to assist in the global transition to electrification and to mee
Slide 8: Brazil’s Carajás Mineral Province
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics in a Tier-1 mining province 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 in the prolific Carajás Mineral Pro
Slide 9: Overview: A large-tonnage, high-quality resource from surface
Jaguar Project Overview A large-tonnage, high-quality resource from surface JORC Mineral Resource Estimate : 58.6Mt @ 0.95% Ni for 557,800 tonnes of contained nickel metal For personal use only • JORC MRE based on more than 74,000m of diamond drilling • 80% of MRE is within 200m of surface • 40% of
Slide 10: Overview: A large-tonnage, high-quality resource at surface
Jaguar Project Overview A large-tonnage, high-quality resource at surface For personal use only Global: 3.2Mt at 0.88% Ni for 28,500t Global: 3.3Mt at 1.58% Ni for 53,000t contained Ni contained Ni High-grade: 0.8Mt at 1.97% Ni for 16,300t High-grade: 2.8Mt at 1.75% Ni for 48,300t contained Ni conta
Slide 11: Development: Scoping Study in progress
Jaguar Project Development Scoping Study in progress 80% nickel recoveries +16% nickel concentrate with high Fe:MgO and low arsenic For personal use only Scoping Study due Q1 2021 ● Study being progressed with support of industry- leading consulting groups Entech and DRA Global ● Flotation tests del
Slide 12: Value-Add Case
Jaguar Project – Value-Add Case Scoping Study In Progress For personal use only Value-adding opportunities • Scoping Study to consider value-adding opportunities including Pressure Oxidation (POx) to produce nickel metal or nickel sulphate • Initial POx testing at ALS has delivered excellent results
Slide 13: Environmental licensing underway
Jaguar Project Environmental licensing underway For personal use only Fast-tracking Approvals ● 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 SEM
Slide 14: Targeted Development Timeline
Jaguar Project Targeted Development Timeline For personal use only Q3/2023 – Formal Decision to Mine Q4/2022 – Definitive Feasibility Study Q4/2021 – Pre-Feasibility Study Q2/2021 – Lodge Key Environmental Licence Q1/2021 – MRE Upgrade & Scoping Study Results 14
Slide 15: Growth and Upside: 65km of drilling underway
Jaguar Project – Growth and Upside 65km of development & growth drilling underway For personal use only Resource Development & Growth 20km of in-fill and extensional drilling 15km of step-out drilling 5km of geotechnical & metallurgical drilling Greenfields Growth Drilling 25km drill program now und
Slide 16: Growth and Upside: Structural model
Jaguar Project – Growth and Upside Structural model - targeting more high-grade JAG-DD-20-104 – 195.3m to 207.4m down-hole For personal use only 12.1m at 5.38% Ni, 0.31% Cu and 0.09% Co High-grade structural traps in the ductile ‘Z-structures’ Are there more HG shoots like Jaguar Central and Jaguar
Slide 17: Deep plumbing system remains open and untested
Jaguar Project – Growth and Upside Deep plumbing system remains open and untested For personal use only 200m 250m 300m Untested Untested Untested DHEM to drive deep massive sulphide discoveries 17
Slide 18: Near-mine exploration upside
Jaguar Project – Growth and Upside Near-mine exploration upside For personal use only ● Multiple untested prospects ● Coincident GeoTEM, Ground Mag and Geochem targets ● Detailed Ground Mag – completed ● FLEM – underway ● Soil sampling & mapping – underway 25km regional drilling program underway 18
Slide 19: Key investment takeaways
Centaurus Key investment takeaways For personal use only ● Nickel focus – high-grade nickel sulphide asset leveraged to strong long-term nickel market outlook ● Favourable project location – Carajás Mineral Province ● Globally Significant JORC Resource – 58.6Mt @ 0.95% Ni for 557,800t of contained n
Slide 20: Contact us
For personal use only Jaguar: a globally significant nickel sulphide project for a clean energy future Authorised for Release by Managing Director – Darren Gordon Contact us office@centaurus.com.au.au (+61) 8 6424 8420 Follow our communications: LinkedIn: Centaurus Metals Twitter: @CentaurusMetals 2
Slide 21: 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.