Centaurus Metals Limited · ASX:CTM

Centaurus Metals — RIU Conference (December 2022)

19 slides from Centaurus Metals's conference presentation, December 2022

  1. Slide 1: Jaguar Nickel Sulphide Project: Getting ready for an Electric Future

    Jaguar Nickel Sulphide Project: Getting ready for an Electric Future Roger Fitzhardinge, General Manager – Exploration & Growth 1

  2. 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

  3. Slide 3: Investment overview

    Centaurus Metals 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 +20 year C

  4. Slide 4: Corporate Summary

    Corporate Summary Centaurus is developing one of the world’s premier new near-surface nickel sulphide projects, with class-leading 427m 9m GHG emission credentials, to take advantage of surging Shares on issue Unlisted options demand for Class-1 nickel from the global EV industry. 70% A$487m Top-20

  5. Slide 5: Brazil: Responsible Mining in an emission-friendly jurisdiction

    Brazil Responsible Mining in an emission-friendly jurisdiction STRATEGIC MINERALS POLICY ENVIRONMENTAL ROAD MAP TO MINING Recently-created to assist in Approval Process clearly defined Well-Established Mining Regulation approval process for strategic with Terms of Reference issued for and Tenement S

  6. Slide 6: 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 6

  7. Slide 7: 2021 Scoping Study: A$2.6 billion with 102% IRR

    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

  8. Slide 8: 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

  9. Slide 9: 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

  10. Slide 10: World-Class Resource

    Jaguar Project – World-Class Resource Large-Tonnage, High-Quality JORC Mineral Resource Estimate: 108.0Mt @ 0.87% Ni for 938,500 tonnes of contained nickel metal ● Measured & Indicated Resource of 85.8Mt @ 0.85% Ni for 730,300 tonnes - 75% of the Global MRE ● +500kt of M&I nickel metal within 200m o

  11. Slide 11: Resource Growth and Upside

    Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth +80% since the Company’s maiden Resource in June 2020 – that’s 421kt of contained nickel in 30 months ● Currently adding 165,000tpa of Ni metal in resources ● Targeting 1 million tonnes of nickel metal in 2023 ● The

  12. Slide 12: Deep plumbing systems in the Carajás

    Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás Jaguar Deeps Planned Drilling Source: Wheaton Precious Metals: Salobo Cu-Au Mine, Technical Report, December 2019 12

  13. Slide 13: Open at depth & below UG stope limits

    Jaguar Project – Resource Growth and Upside Open at depth & below UG stope limits 400m 600m Untested Jaguar South Jaguar Central Onça Preta 13

  14. Slide 14: Greenfields Exploration and New Discoveries

    Jaguar Project – Resource Growth and Upside Greenfields Exploration and New Discoveries Resource Development & Growth Jaguar Step-out and extensional drilling Jaguar Deeps drilling 6 diamond rigs on site Greenfields Growth Drilling 1 RC rig on site 14

  15. Slide 15: Targeted Development Timeline

    Jaguar Project Targeted Development Timeline First Production – H1 2026 2024/25 – Construction phase Late 2023 – Final Investment Decision (FID) Mid-2023 – Definitive Feasibility Study November 2022 – MRE Resource Upgrade 2021 Key Environmental & Mining Licenses lodged 15

  16. Slide 16: Key investment takeaways

    Centaurus Metals Key investment takeaways ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Tier-1 JORC Resource ● Long-life project ● Strong returns and cash flow generation ● Outstanding growth potential ● The right team and well funded 16

  17. Slide 17: Contact Details

    Jaguar Nickel Sulphide Project: Getting ready for an Electric Future Contact Details Roger Fitzhardinge – General Manager - Exploration & Growth +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals 17

  18. Slide 18: December 2022 JORC MRE & May 2021 Production Target

    Centaurus December 2022 JORC MRE & May 2021 Production Target Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 27.6 0.87 0.05 198 0.13 240,300 13,000 5,500 37,200 Jaguar South Inferred 7.0 1.10 0.07 262 0.09 76,300 4,600 1,800 6,400 Total 34.6 0.92 0.05 211

  19. Slide 19: Comparison of nickel sulphide deposits held by ASX listed companies

    Centaurus Data and references for comparison of Nickel Sulphide deposits held by ASX listed companies. Measured & Indicated Inferred Total Project Project Company Development Stage* Mine Type Mt Ni% Ni Metal Mt Ni% Ni Metal Mt Ni% Ni Metal 1 Yakabinde - BHP Yakabinde BHP Operating Open Pit 246 0.6 1

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