Castile Resources Ltd · ASX:CST
Castile Resources — PDAC 2024
16 slides from Castile Resources's conference presentation, Mar 4, 2024
Slide 1: A New Mine for the New Future
A New Mine CASTILE RESOURCES LTD PDAC 2024 for the New Future ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au Image Supplied By Epiroc 1 Image Supplied By Epiroc
Slide 2: Competent Person Statement and General Disclaimer
COMPETENT PERSON STATEMENT The information contained in this report relating to Exploration Results, Minerals Resources and Ore Reserves has been previously reported by the Company as referenced in this presentation (Announcements). The Company confirms that it is not aware of any new information or
Slide 3: Rover 1 Pre-Feasibility Study Outcomes
ROVER 1 PRE-FEASIBILITY STUDY OUTCOMES A High Grade Iron Oxide Copper Gold (IOCG) Project ROVER 1 ASX:CST PRE-TAX NPV6.5% OTCQB:CLRSF A$451.4M GOLD Shares on Issue 242M COPPER DOWNSTREAM Unlisted Options 16.6M PRECIOUS & CRITICAL COBALT METALS PRODUCED IN Share Price -1 Year Low/High Market Cap ($0.
Slide 4: Rover 1 – A Rich, High-Grade IOCG Deposit
ROVER 1 – A RICH, HIGH-GRADE IOCG DEPOSIT ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE Tails Dam 4 4 4
Slide 5: Precious & Critical Mineral Downstream Products Produced on Site
PRECIOUS & CRITICAL MINERAL DOWNSTREAM PRODUCTS PRODUCED ON SITE A$225M AVERAGE ANNUAL REVENUE ASX:CST OTCQB:CLRSF Gold Dore 99% Cobalt 13% 33% GOLD COPPER COBALT MAGNETITE 99% Copper 96.4% Magnetite 12% 42% Image Supplied By Epiroc 5
Slide 6: Total Material Extracted & Processed in the PFS
TOTAL MATERIAL EXTRACTED & PROCESSED IN THE PFS*1 Tonnes Au Cu Co Fe3O4 Au Cu Co Fe3O4 (Mt) (g/t) (%) (%) (%) (oz) (t) (t) (t) Probable 3.11 2.02 1.52 0.07 22.92 201,800 47,400 2,200 713,300 Ore Reserve Inferred ASX:CST 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 250,000 Resource* OTCQB:CLRSF Total
Slide 7: Key Operating and Financial Highlights
KEY OPERATING AND FINANCIAL HIGHLIGHTS Project Economics PFS $A PFS $US Total Revenue $1,943.6M $1,302.2M ASX:CST Project Operating Costs $827.7M $554.6M OTCQB:CLRSF Project Cash Flow $1,115.9M $747.6M GOLD NPV6.5% (Pre-tax) $451.5M $302.5M COPPER COBALT IRR(Pre-tax) 45.9% 45.9% MAGNETITE Underlying
Slide 8: Funding the Rover 1 Project - Flexibility
FUNDING THE ROVER 1 PROJECT - FLEXIBILITY Project Development Capital Expenditure $A and Total Revenue By Metal $A and $US in $US in $Million (FX: A$1 = US$0.67) $Millions Mine Infrastructure A$25.8 (US$17.3) A$819.7 Copper ASX:CST Process Plant A$160.7 (US$107.7) Text box showing (US$549.1) OTCQB:C
Slide 9: The Next Assets for the Infrastructure Hub
THE NEXT ASSETS FOR THE INFRASTRUCTURE HUB ASX:CST OTCQB:CLRSF GOLD COPPER COBALT PF35 MAGNETITE Castile secures $162,000 in NT Govt Co-Funding Grant to drill at Pathfinder 35 and a Passive Seismic Survey 1* Explorer 108 Indicated Resource of 8.438Mt @ 3.41% Zn, 2.05% Pb, 14.32g/t Ag; and Inferred R
Slide 10: Funding the Rover 1 Project
FUNDING THE ROVER 1 PROJECT The Australian Federal Government has announced debt funding and financial grants programs for Critical Minerals Project with a strategic focus on: ASX:CST • Critical Minerals Supply Chain Security and Diversification OTCQB:CLRSF • Building Downstream Processing Capacity
Slide 11: Australian Government Support
AUSTRALIAN GOVERNMENT SUPPORT • $5B Northern Australian Infrastructure Facility • $4B Critical Minerals Facility ASX:CST OTCQB:CLRSF • National Reconstruction Fund • $3B Renewables and low emissions technologies GOLD • $1B Value-adding in resources COPPER • $1B Critical technologies • $1B Advanced m
Slide 12: Government Infrastructure Support
GOVERNMENT INFRASTRUCTURE SUPPORT PROPOSED MIDDLE ARM SUSTAINABLE DEVELOPMENT PRECINCT ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE https://dipl.nt.gov.au/projects/middle-arm-sustainable- development-precinct 12
Slide 13: West Australian Exploration
WEST AUSTRALIAN EXPLORATION TWO TENEMENTS PROSPECTIVE FOR LITHIUM, NIOBIUM & REE’s ASX:CST OTCQB:CLRSF Fortescue Metals Castile GOLD Group (FMG) Resources COPPER Milgun Project COBALT MAGNETITE Castile Resources The Castile Resources Milgun Project comprises of tenements E52/4206 and E52/4235 13
Slide 14: Targets Extend Beyond Current Sampling Data
TARGETS EXTEND BEYOND CURRENT SAMPLING DATA E52/4235 ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE 14
Slide 15: Castile Resources
CASTILE RESOURCES • DEVELOPING THE ROVER 1 MINE TO PRODUCE ASX:CST DOWNSTREAM CRITICAL AND PRECIOUS MINERALS OTCQB:CLRSF • LEVERAGE TO KEY METALS GOLD AND COPPER GOLD WITH COBALT AND MAGNETITE BY-PRODUCTS COPPER • ADVANCED DISCUSSIONS UNDERWAY WITH DEBT COBALT PROVIDERS AND CUSTOMERS FOR FINANCING M
Slide 16: Mark Hepburn, Managing Director, Castile Resources Limited
Mark Hepburn Managing Director ASX:CST Castile Resources Limited OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au www.castile.com.au info@castile.com.au Image Supplied By Epiroc 16 Image Supplied By Epiroc