Centaurus Metals Limited · ASX:CTM
Centaurus Metals — RRS Summer Series 2019
18 slides from Centaurus Metals's conference presentation, Feb 12, 2019
Slide 1: From discoveries to mines: fast-tracking a new generation of mineral projects in Brazil
For personal use only From discoveries to mines: fast‐tracking a new generation of mineral projects in Brazil's world‐class Carajás Mineral Province RRS Summer Series 12‐14 February 2019 Darren Gordon, Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only 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 presentatio
Slide 3: Overview – A Diversified Brazilian Resource Developer
Overview – A Diversified Brazilian Resource Developer For personal use only High‐potential nickel‐cobalt and copper‐gold projects Capital Structure in Tier‐1 addresses Shares on Issue 2,305m Large‐scale Itapitanga nickel‐cobalt discovery moving rapidly to development under innovative JV with battery
Slide 4: Brazil – A Mining Friendly Destination
Brazil – A Mining Friendly Destination For personal use only Latin America’s largest economy Rapidly growing population (currently ~208 million) Low interest rates (by historical standards), low inflation and rising economic growth Pro‐mining President encouraging foreign investment in mining and in
Slide 5: The Carajás Mineral Province – Land of the Giants
The Carajás Mineral Province – Land of the Giants For personal use only 10 IOCG deposits with resources of +100Mt Cu‐Au, including six >300Mt for +4.0Bt of Cu‐Au resources Includes Vale’s giant Salobo Mine*: ‒ Reserves of 1.2Bt @ 0.61% Cu, 0.3g/t Au Produced ~195kt Cu and ~346koz Au in 2017 Also hos
Slide 6: Itapitanga Nickel-Cobalt Project – Alligator by the Tail?
Itapitanga Nickel‐Cobalt Project – Alligator by the Tail? For personal use only The Itapitanga Ni‐Co Project is located at the southern extent of Anglo American’s world‐class Jacaré Nickel‐Cobalt Project Resources: 307Mt at 1.3% Ni and 0.13% Co, including a high‐grade cobalt resource of 185Mt at 1.2
Slide 7: First-Mover Advantage in High-grade Nickel Province
First‐Mover Advantage in High‐grade Nickel Province For personal use only ~240‐hole Auger program completed for 1,200m 155‐hole maiden RC program completed for 4,309m High‐grade nickel‐cobalt results include: – 10.0m @ 1.03% nickel and 0.21% cobalt (1.95% Nieq) from surface in ITAP‐RC‐18‐025; – 30.0
Slide 8: Fast-Track Development Pathway – Simulus JV
Fast‐Track Development Pathway – Simulus JV For personal use only The Simulus Group – Australia’s premier hydrometallurgy and mineral processing service group and ideal JV partner for Centaurus to fast‐track development of the Project. Simulus right to earn up to 80% of the Project, in stages, by fr
Slide 9: Moving Rapidly to Development
Moving Rapidly to Development For personal use only ON THE DEVELOPMENT FAST TRACK – FUNDED BY SIMULUS Q1 Q2 Q3 Q4 2020 40t Bulk Sample Resource Infill and Extension JORC Resource Update Pilot plant and testwork as Detailed engineering design Drilling Mine Schedule Update required Final capex and ope
Slide 10: Salobo West – High-Potential Cu-Au Exploration
Salobo West – High‐Potential Cu‐Au Exploration For personal use only The Carajás contains one of the world’s largest concentrations of large tonnage iron oxide copper‐ gold (IOCG) deposits +4.0Bt of Cu‐Au resources OZ Minerals have entered Carajás in 2018 Vale planning to roll out “mini mines” model
Slide 11: The Carajás Mineral Province – The Cinzento Shear Zone
The Carajás Mineral Province – The Cinzento Shear Zone For personal use only IOCG deposits in the Cinzento occur along fault splays and intersections of major lineaments; Salobo West Project hosts multiple prospects that fit precisely this scenario within the favourable geological context of the Ita
Slide 12: The Carajás Mineral Province – Vale is Expanding
The Carajás Mineral Province – Vale is Expanding For personal use only Vale is currently producing circa 290ktpa of copper from Salobo West 2 (12km WNW) Salobo West 1 (15km NW) the Carajás and is looking to raise this to 450‐500ktpa by 2024¹ by: Increasing Salobo capacity to 250ktpa via installation
Slide 13: The Salobo West Copper-Gold Project
The Salobo West Copper‐Gold Project For personal use only Two tenements – SW1 and SW2 (120km2 of tenure): Tenements hosts at least five quality Cu‐Au Prospects ‐ SW1‐A, SW1‐B, Serendipidade, Dom & Gov Prospects. Expansive high‐quality exploration dataset: – Stream sediment and soils geochem database
Slide 14: The Salobo West Copper-Gold Project – The Road to Discovery
The Salobo West Copper‐Gold Project For personal use only THE ROAD TO DISCOVERY Target generation work undertaken with industry leading independent consultants: – Grant “Rocky” Osborne, independent geologist with over 35 years experience in gold and base metals, 17 years in Brazil – Southern Geoscie
Slide 15: Jambreiro Iron Ore Project
Jambreiro Iron Ore Project For personal use only 110km from Ipatinga steel‐making region JORC Resource of 350km 128Mt Initial Friable Ore 110km Reserve of 48.5Mt Over 19,000m of diamond and RC drilling to support JORC 140km Resource and Reserve 15
Slide 16: The Jambreiro Iron Ore Project – Development-Ready
The Jambreiro Iron Ore Project – Development‐Ready For personal use only Environmental and Mines Department approvals in place for 3Mtpa operation Mining Leases granted, land access agreement in place Domestic iron ore prices today better than used in 2013 FS and current FX rates would further enhan
Slide 17: Centaurus – Key Investment Takeaways
Centaurus – Key Investment Takeaways For personal use only Outstanding package of nickel‐cobalt and copper‐gold projects Innovative JV with leading battery metals process group to free carry Centaurus to decision to mine at Itapitanga Aggressive development time‐line with aim to be first‐mover in si
Slide 18: From discoveries to mines: fast-tracking a new generation of mineral projects in Brazil
For personal use only From discoveries to mines: fast‐tracking a new generation of mineral projects in Brazil's world‐class Carajás Mineral Province RRS Summer Series 12‐14 February 2019 Darren Gordon, Managing Director