Cyprium Metals Limited · ASX:CYM

Cyprium Metals — Investor Presentation (October 2022)

26 slides from Cyprium Metals's investor presentation, Oct 17, 2022

  1. Slide 1: Investor Presentation – 1-2-1 Tech Metals

    For personal use only INVESTOR PRESENTATION 1-2-1 TECH METALS OCTOBER 2022 UPDATED – APPENDIX ADDED www.cypriummetals.com

  2. 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”). For personal use only Summary information By reviewing or retaining these

  3. Slide 3: Cautionary Statement

    CAUTIONARY STATEMENT IMPORTANT: You must read the following before continuing. This investor presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”). For personal use only • The Restart Study as referred to in this ASX announcement is i

  4. Slide 4: Who is Cyprium Metals?

    WHO IS CYPRIUM METALS? For personal use only AUSTRALIAN COPPER DEVELOPER • Cyprium Metals formed in June 2019 with the strategy of developing copper projects in Australia • First transaction in 2019 was an earn-in and JV of the Hollandaire Copper Project, a shallow high grade copper sulphide resourc

  5. Slide 5: Copper Developer Peer Comparison

    COPPER DEVELOPER PEER COMPARISON For personal use only Contained Copper mineral resources in Australian projects1 2.50 Bubble size according to copper metal contained in mineral Eloise, A1M resource. Minimum 34,000 t metal content to be displayed. Cobar Superbasin, PEX Jervois, KGL Collerina, HLX 2.

  6. Slide 6: Corporate Overview

    CORPORATE OVERVIEW For personal use only Corporate snapshot Share price performance Share price (29 September 2022) AUD 0.07/share AUD/share Shares on Issue 730.2 million 0.40 Performance rights 58.2 million 0.35 Options 26.3 million Market capitalization AUD 51 million 0.30 Cash (30 June 2022) AUD

  7. Slide 7: Cyprium Metals – Restarting the Production from Nifty

    CYPRIUM METALS – RESTARTING THE PRODUCTION FROM NIFTY For personal use only Comments Located in a tier-1 mining jurisdiction Key project numbers (Phase 1) • Cyprium Metals is an ASX listed mining company with a market H1 2024 capitalisation of AUD51M Commissioning • Cyprium is focused on delivering

  8. Slide 8: Nifty Copper Mine – Site Layout

    NIFTY COPPER MINE – SITE LAYOUT For personal use only Tailings Dam Decline & Conveyor Boxcut Waste Dumps Processing Plant Mine Village Open Pit Waste Water Treatment Facility Heap Leach Pads Gas Pipeline Airstrip Solution Ponds SX EW Plant Power Plant 8 CYPRIUM | INVESTOR PRESENTATION - BUILDING AN

  9. Slide 9: Brief History of Nifty

    BRIEF HISTORY OF NIFTY For personal use only History Historical production and copper prices • Nifty commenced as an open pit, oxide heap leach SX-EW operation, (tpa) USD/mt producing copper cathode from 1993-2009 under Western Mining Annual copper cathode production Annual copper in concentrate pro

  10. Slide 10: Site Infrastructure

    SITE INFRASTRUCTURE Nifty has a fully sealed 2.1km airstrip that is capable Nifty generates its own power from a gas fired For personal use only of landing commercial passenger jets (up to 108 seat captive General Electric 21MW power plant. F100 & E190 jet aircraft). Nifty also has on standby two 2.

  11. Slide 11: Nifty Copper SX-EW Restart

    NIFTY COPPER SX-EW RESTART For personal use only Nifty Copper SX-EW – Restart Study Results Contained Copper: Annual Copper Cathode Cu Grade: Offtake agreements: 732kt Production: 0.65% Copper Cathode (940kt post study) 25kt easily sold into Asia Target production Nifty Restart NPV1: Nifty Restart I

  12. Slide 12: Nifty – Done It Before

    NIFTY – DONE IT BEFORE For personal use only Comments • Management completed the construction and operation of the Wetar Copper Project, a sulphide heap leach SX-EW project, in Eastern Indonesia with Finders Resources • Project located on a remote island with only sea access and difficult mountainou

  13. Slide 13: Nifty – Capital Cost Estimate

    NIFTY – CAPITAL COST ESTIMATE For personal use only Projected development capital expenditure (AUDm) Breakdown of capital expenditure AUDm Monthly development capex (LHS) Cumulative development capex (RHS) AUDm Capex item AUDm General and supporting infrastructure 15.0 20 160 Process Plant 97.7 - Cr

  14. Slide 14: Nifty Finance

    NIFTY FINANCE For personal use only Comments • Finance process well advanced with various parties • Finance data room is open and due diligence by parties is well advanced – Restart Study and supporting documentation – Financial model – Technical DD documents – Commercial DD documents – Legal DD doc

  15. Slide 15: Nifty Copper Project Approvals & Licenses

    NIFTY COPPER PROJECT APPROVALS & LICENSES For personal use only NIFTY COPPER PROJECT APPROVALS Department Permit / Item Description Status Date Lodged Approved Works Approval and Licence Amended Prescribed Activities Licence to enable processing Application accepted and 8th March 2022 4th May 2022 a

  16. Slide 16: Nifty Project Timeline

    PHASE 1 NIFTY PROJECT TIMELINE For personal use only H1 H2 H1 2022 2023 2023 2024 Complete Restart Study • Finance Drawdown • Commissioning • COPPER Submit Approvals • Final Approvals Received • Open pit Mining CATHODE Continue Finance Process • Construction Underway Underway PRODUCTION • Final Open

  17. Slide 17: Environmental, Social and Governance

    ENVIRONMENTAL, SOCIAL AND GOVERNANCE For personal use only Environment Social Governance Greenhouse Gas Emissions Part IV/EPA • No sites of significance for Aboriginal heritage • The Company as a listed entity, have been identified within the Nifty Copper complies with the Corporations Act • 100,000

  18. Slide 18: Appendix

    For personal use only APPENDIX 18 Cyprium | Investor presentation - BUILDING AN AUSTRALIAN COPPER COMPANY | OCTOBER 2022

  19. Slide 19: Mineral Resource Estimates

    MINERAL RESOURCE ESTIMATES NIFTY COPPER OPERATION - MINERAL RESOURCE ESTIMATE AT MAY 2022 2 MAROOCHYDORE - MINERAL RESOURCE ESTIMATE AT 31 MARCH 2016 3 Cut-off Measured Indicated Inferred Total Ore Indicated Inferred Total Ore For personal use only Source Ore Grade Metal Ore Grade Metal Ore Grade Me

  20. Slide 20: Mineral Resource Estimates

    MINERAL RESOURCE ESTIMATES 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 Material type Volume Tonnes

  21. Slide 21: Murchison Copper Project

    MURCHISON COPPER PROJECT For personal use only Hollandaire and Nanadie Well are complementary deposits that comprise the Murchison Copper Project • Murchison Copper Project is a resource development opportunity • Continued drilling success at Nanadie Well will form part of a Maiden JORC 2012 Mineral

  22. Slide 22: Maroochydore Copper Project

    MAROOCHYDORE COPPER PROJECT For personal use only Potential to unlock value from a substantial copper resource • Diamond drilling completed for metallurgical testwork • Substantial shallow Oxide and Sulphide Mineral Resource of over 480,000 tonnes of copper: • Mineralisation remains open along strik

  23. Slide 23: Paterson Exploration Project

    PATERSON EXPLORATION PROJECT For personal use only Premier exploration destination in Australia - Cyprium leveraged to exploration success via JV with IGO Ltd • Exploration has commenced, IGO Ltd (ASX: IGO) • Large & highly prospective position in the Paterson Province, adjacent to Nifty processing

  24. Slide 24: Copper Developer Peer Comparison

    COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX Mineral Resource Contained Cu Contained Contained For personal use only Label Project CommodityStage Code Operator As of Date Tonnes Total Cu% Metal M&I Tonnes Cu% Cu Metal Inferred Cu% Cu Metal C

  25. Slide 25: Copper Developer Peer Comparison – Sources

    COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX For personal use only 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 htt

  26. Slide 26: Thank You – Contact Us

    For personal use only THANKYOU Contact Us Registered Office & Principal Place of Business Unit 1, 437 Roberts Road Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com

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