Celsius Resources Ltd. · ASX:CLA

Celsius Resources — Investor Presentation (January 2022)

18 slides from Celsius Resources's investor presentation, Jan 20, 2022

  1. Slide 1: Exciting opportunities ahead for Celsius Resources

    For personal use only Exciting opportunities ahead for Celsius Resources Online webinar January 2022

  2. Slide 2: Celsius Resources - A Development Company

    CELSIUS RESOURCES - A DEVELOPMENT COMPANY For personal use only • Advanced high-grade MCB copper-gold project in the Philippines, includes approx. 1.5mt of contained copper and 1.5m Oz of contained gold. • Scoping Study Pre-tax NPV(8%) of US$618m (~A$865m) @ IRR of 35%. • Focused on the priority dev

  3. Slide 3: Corporate Structure

    CORPORATE STRUCTURE For personal use only ASX:CLA Shareholder Composition Share Price (as at 19-Jan-2022) $0.03 Shares On issue 1,054 million Market Cap $28.5 million Management 11% Cash Position (as at 31-Dec-21) ~$1.9 million Celsius Share Price (1 Year) All other Remaining top 20 Shareholders $0.

  4. Slide 4: Highly Experienced Board & Management

    HIGHLY EXPERIENCED BOARD & MANAGEMENT For personal use only MARTIN ROBERT GREGORY BILL OLIVER BUCKINGHAM Managing Director Non-Executive Director Non-Executive Chairman • Over 40 years’ experience in resource industries and • A highly competent Strategic Planner & Risk Manager, having • A geologist

  5. Slide 5: Highly Experienced Board & Management

    HIGHLY EXPERIENCED BOARD & MANAGEMENT For personal use only MICHAEL HULMES SARGE SARMIENTO Jonathan Colvile Non-Executive Director Non-Executive Director Non-Executive Director • A mining engineer with over 30 years experience, most • An experienced Philippine lawyer with over 30 years • A London-ba

  6. Slide 6: Highly Experienced Board & Management

    HIGHLY EXPERIENCED BOARD & MANAGEMENT For personal use only PETER HUME PINE VAN WYK MELANIE ROSS Country Operations Director Country Operations Director Company Secretary Philippines Namibia • Over 40 years’ experience on major mining and • Metallurgical Engineer with extensive experience in • Over

  7. Slide 7: MCB Copper Gold Project – Project Location

    Maalinao Caigutan Biyog (MCB) COPPER GOLD PROJECT – Project Location For personal use only SW Mt. Mines BBGMI NE Maalinao (Dickson) • Lies within the Central Cordillera Region on the Island of Luzon, ~320 km north of Manila. Tenement covers ~2,719 hectares. • A significant porphyry copper-gold syste

  8. Slide 8: MCB Positive Scoping Study Results

    MCB POSITIVE SCOPING STUDY RESULTS Base case Key Inputs Initial CapEx Payback period For personal use only Pre-tax NPV(8%) US$618m (~A$865m) at an Optimised mine plan focusing on the high- US$253m 2.67 years IRR of 35% assuming US$4/lb grade Cu-Au portion of LOM C1 cash cost 25 year mine life Cu & U

  9. Slide 9: MCB Copper Gold Mineral Resource Estimate

    MCB COPPER GOLD PROJECT For personal use only MINERAL RESOURCE ESTIMATE • Mineral Resource estimate1 comprises 313.8Mt @ 0.48% copper, and 0.15g/t gold, at a cutoff grade of 0.2% copper. • 290.3Mt @ 0.48% copper in the Indicated category, and • 23.5Mt @ 0.48% copper in the Inferred category. • High-

  10. Slide 10: Exciting Shallow High-Grade Zone Discovered

    MCB COPPER GOLD PROJECT For personal use only EXCITING SHALLOW HIGH-GRADE ZONE DISCOVERED • New section of shallow high-grade copper intersected in diamond drill hole MCB-036. • Total intersection of 671m @ 0.43% copper and 0.12g/t gold from 19m down hole.* • Including internal shallow higher-grade

  11. Slide 11: Strong Social Acceptability for MCB Project

    MCB COPPER GOLD PROJECT For personal use only STRONG SOCIAL ACCEPTIBILITY FOR MCB PROJECT 11

  12. Slide 12: MCB Copper Gold Next Steps

    MCB COPPER GOLD PROJECT For personal use only NEXT STEPS Philippines • Complete the current drill program and update the resource model. • Undertake ongoing geotechnical, hydrological, environmental programs. • Undertake the Free and Prior Informed (FPIC) consent process with host indigenous communi

  13. Slide 13: Sagay Porphyry Copper

    SAGAY PORPHYRY COPPER PROJECT For personal use only SAGAY PROJECT (NABIGA-A PROSPECT) • Sagay is a very large Copper Gold Porphyry system located on the Philippines northern part of Negros Island. • CLA believes this could be a massive low grade mine but also has the potential for discrete high grad

  14. Slide 14: Opuwo Cobalt

    OPUWO COBALT PROJECT For personal use only • Upgraded JORC Compliant Resource1 estimate comprising 225.5 Mt at 0.12% Co, 0.43% Cu and 0.54% Zn • The Minerals Resource estimate represents contained cobalt of 259,000 tonnes contained Co and 970,000 contained Cu, and consists of: o Indicated: 45.3 Mt a

  15. Slide 15: Opuwo Resource Double Since This Comparison in 2019

    OPUWO RESOURCE DOUBLE SINCE THIS COMPARISON IN 2019 For personal use only 15

  16. Slide 16: Opuwo Cobalt

    OPUWO COBALT PROJECT For personal use only • Insufficient metallurgical test work prevented the Scoping study being completed. EPL4540 Co-Cu-Zn (DOF) • Recent mineralogy studies show high Cobalt / Zinc association compared to previous thought Copper / Iron minerals. EPL4346 • Back end hydromet vs ro

  17. Slide 17: Thank You

    For personal use only THANK YOU +61 8 6188 8181 info@celsiusresources.com.au celsiusresources.com.au

  18. Slide 18: Disclaimer & Notes

    DISCLAIMER & NOTES For personal use only This presentation has been prepared by Celsius Resources Limited CLA makes no representation or warranty as to the accuracy, reliability (“Celsius” or “CLA”). The information contained in this presentation is a or completeness of information in this document

Celsius Resources — Investor Presentation (January 2022) on 6ix