Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Australian Nickel Conference 2022
20 slides from Centaurus Metals's conference presentation, Oct 6, 2022
Slide 1: Jaguar Nickel Sulphide Project: Getting ready for an Electric future
Jaguar Nickel Sulphide Project: Getting ready for an Electric future Darren Gordon, Managing Director 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: Investment overview
Centaurus 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 minimum Carajás P
Slide 4: Corporate Summary
Corporate Summary Centaurus is developing one of the world’s premier new near- surface nickel sulphide projects, with class-leading GHG emission 427m 9m credentials, to take advantage of surging demand for Class-1 Shares on issue Unlisted options nickel from the global EV industry. 70% A$427m Top-20
Slide 5: Brazil: Responsible Mining in an emission-friendly jurisdiction
Brazil Responsible Mining in an emission-friendly jurisdiction ROAD MAP TO MINING FAVOURABLE TAX SYSTEM ROYALTIES TO THE REGIONS 15% effective tax rate for first Royalties split between the Well-Established Mining Regulation 10yrs of operations (SUDAM municipal (65%), state and federal and Tenement
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 ● Majority of the project footprint already disturbed (pasture land) ● Environmental Impact Assessment (EIA/RIMA) lodged ● Jaguar Project is now a Strategic Mineral Project in Brazil ● Mining Lease Application (PAE) lodged Land Acce
Slide 9: Supporting Local to Create Lasting Benefits
Supporting Local to Create Lasting Benefits Building relationships now and for the future Supporting Local People & Business ● 125 people currently employed by Centaurus in Brazil – 90% reside locally with 20% female, plus an additional 140 contractors on site ● Internship Program implemented with t
Slide 10: 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 10
Slide 11: Brazil's Carajás Mineral Province: Outstanding infrastructure and logistics
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV &138kV) 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) – min
Slide 12: 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 13: Jaguar Project – Globally Significant Project Taking Shape
Jaguar Project – Globally Significant Project Taking Shape Definitive Feasibility Study Advancing Well 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 ar
Slide 14: Jaguar Project – Large-Tonnage, High-Quality Resource
Jaguar Project – Large-Tonnage, High-Quality Resource Resource upgrade set to underpin project capacity upgrade JORC Mineral Resource Estimate: 80.6Mt @ 0.91% Ni for 730,700 tonnes of contained nickel metal ● Indicated Resource of 43.4Mt @ 0.92% Ni for 397,000t of nickel, 54% of the Global MRE ● +50
Slide 15: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás World-class Carajás IOCG deposits hosted in deep regional-scale structures Salobo (Cu-Au) Mine, mineralisation to depths of +1,400m and remains open! > 1.0% Cu 0.4 - 1.0% Cu JAGUAR IS JUST GETTING STARTED Source: Wheato
Slide 16: Resource Growth and Upside: Untested at depth
Jaguar Project – Resource Growth and Upside Deep plumbing – open at depth & below UG stope limits 300m 400m Untested Jaguar South Jaguar Central Onça Preta 16
Slide 17: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside DHEM to drive more deep massive sulphide discoveries DHEM Conductor plates extend +270m below deepest drilling DHEM Plates Open & Untested 17.6m @ 4.86% Ni from 208m, within 56.1m @ 2.05 Ni 17
Slide 18: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline First Production – Late 2025 2024/25 – Construction phase Late 2023 – Final Investment Decision (FID) Mid-2023 – Definitive Feasibility Study October 2022 – MRE Resource Upgrade 2021 Key Environmental & Mining Licenses lodged 18
Slide 19: Key investment takeaways
Centaurus Metals Key investment takeaways ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Globally significant JORC Resource ● Long-life project ● Strong returns and cash flow generation ● Outstanding growth potential ● The right team and well fu
Slide 20: Contact Details
Jaguar Nickel Sulphide Project: Getting ready for an Electric future Contact Details Darren Gordon – Managing Director +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals 20