Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Canaccord Genuity Global Mining Conference 2023
23 slides from Centaurus Metals's conference presentation, May 11, 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
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: Centaurus Metals 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$363m 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$0.85 nickel from the global EV industry. 71% A$23m
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) 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) – mining com
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: 109.2Mt @ 0.87% Ni for 948,900 tonnes of contained nickel metal ● Measured & Indicated Resource of 86.6Mt @ 0.85% Ni for 737,800 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 +83% 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 Refer
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 Delivers Positive Results
Jaguar Project – Globally Significant Project Taking Shape Pilot Plant Delivers Positive Results Nickel Sulphate Produced from Jaguar Refinery Pilot Program • Pilot demonstrates Jaguar’s ability to produce a high-quality nickel sulphate product • Key results from the pilot work: Extensive flotatio
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: Greenfields Exploration and New Discoveries
Jaguar Project – Resource Growth and Upside Greenfields Exploration and New Discoveries Resource Development & Growth Jaguar Step-out and extensional drilling Jaguar Deeps drilling 6 diamond rigs on site Greenfields Growth Drilling 1 RC rig on site 18
Slide 19: 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 20: 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 20
Slide 21: Contact Details
Developing the world's next significant green nickel project Contact Details Darren Gordon – Managing Director +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals
Slide 22: November 2022 JORC MRE & May 2021 Production Target
Centaurus November 2022 JORC MRE & May 2021 Production Target Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 28.5 0.87 0.05 199 0.13 247,800 13,500 5,700 37,400 Jaguar South Inferred 7.3 1.08 0.06 258 0.09 79,100 4,800 1,900 6,500 Total 35.8 0.91 0.05 211
Slide 23: Data and references for nickel sulphide deposit comparison
Centaurus Data and references for comparison of Nickel Sulphide deposits held by ASX listed companies. References: 1 ASO - Maiden Resource Estimate (21/2/2023) 2 BHP - 2022 Annual Report - Mineral Resource and Ore Reserve Statement 3 BHP - 2022 Annual Report - Mineral Resource and Ore Reserve Statem
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