Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Shareholder Meeting (May 2023)
27 slides from Centaurus Metals's shareholder meeting presentation, May 26, 2023
Slide 1: Chair's Address & Managing Director's Presentation to AGM
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 26 May 2023 Chair’s Address & Managing Director’s Presentation to AGM Centaurus Metals Limited (ASX: CTM, OTCQX: CTTZF) attaches the Chair’s address and the Managing Director’s Presentation to today’s Annual General Meeting. -ENDS- For further enquiries pl
Slide 2: Chair's Address
Annual General Meeting 26 May 2023 Chair’s Address The past year has delivered a combination of significant achievement, exhilaration and challenge for Centaurus – accompanied at all times by the relentless hard work, focus and determination that necessarily goes with the development of any major ne
Slide 3: Chair's Address
Annual General Meeting 26 May 2023 Chair’s Address Fortunately, the delay in the DFS does not detract in any way from the exceptional fundamentals of the Jaguar Project – and we are confident that the decision to focus on the quality of the work is the right one for shareholders. We are diligently c
Slide 4: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Darren Gordon, Managing Director ANNUAL GENERAL MEETING PRESENTATION – MAY 2023
Slide 5: 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 6: 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
Slide 7: Corporate Summary
Corporate Summary 427m A$312m Centaurus is developing one of the world’s premier new near- surface nickel sulphide projects, with class-leading GHG emission credentials, to take advantage of surging demand for Class-1 Shares on issue Market cap at A$0.73 nickel from the global EV industry. 71% A$23m
Slide 8: Brazil
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
Slide 9: High-Quality Board and Management Team
High-Quality Board and Management Team Extensive Brazil & Nickel Sulphide Experience Board Didier Murcia, AM Darren Gordon Bruno Scarpelli Dr Natalia Streltsova Mark Hancock Chris Banasik Chair Managing Director Executive Director Non-Executive Director Non-Executive Director Non-Executive Director
Slide 10: 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 11: 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 12: Approvals & Stakeholder Engagement
Approvals & Stakeholder Engagement Environmental Approvals On-Track ● Environmental Impact Assessment (EIA/RIMA) lodged ● Jaguar Project is a Strategic Mineral Project in Brazil ● Mining Lease Application (PAE) lodged Other Environmental Programs ● Plant Nursery constructed on site ● Assist with the
Slide 13: 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 14: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV) 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) – mining com
Slide 15: Jaguar Project – 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 16: Jaguar Project – World-Class Resource
Jaguar Project – World-Class Resource Large-Tonnage, High-Quality JORC Mineral Resource Estimate: 109.2Mt @ 0.87% Ni for 948,900 tonnes of contained nickel metal ● Measured & Indicated Resource of 86.6Mt @ 0.85% Ni for 737,800 tonnes - 75% of the Global MRE ● +500kt of M&I nickel metal within 200m o
Slide 17: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth +83% 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 Refer
Slide 18: Jaguar Project – Globally Significant Project Taking Shape
Jaguar Project – Globally Significant Project Taking Shape Definitive Feasibility Study Ongoing 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 around 7.
Slide 19: Pilot Plant Delivers Positive Results
Jaguar Project – Globally Significant Project Taking Shape Pilot Plant Delivers Positive Results Battery Grade Nickel Sulphate Produced from Jaguar Refinery Pilot Program • Pilot demonstrates Jaguar’s ability to produce a high-quality battery-grade nickel sulphate product – Minimum “4 Nines” • Key r
Slide 20: Jaguar Project – Resource Growth and Upside
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 17
Slide 21: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside Open at depth & below UG stope limits 400m 600m Untested Jaguar South Jaguar Central Onça Preta 18
Slide 22: Greenfields Exploration and New Discoveries
Jaguar Project – Resource Growth and Upside Greenfields Exploration and New Discoveries 19
Slide 23: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline Q1 2027 - First Production 2025/2026 – Construction Phase Q3/2024 – Final Investment Decision - FID Q4/2023 – Definitive Feasibility Study Q2/2023 – Process Design of Refinery Circuit Q1/2023 – Pilot Plant Test Work Q4 2022 – MRE Resource Upgrade Delivere
Slide 24: 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 ● Battery grade nickel sulphate product produced ● Strong returns and cash flow generation ● Outstanding growth pot
Slide 25: Contact Details
Developing the world's next significant green nickel project Contact Details Darren Gordon – Managing Director +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals
Slide 26: November 2022 JORC MRE & May 2021 Production Target
Centaurus November 2022 JORC MRE & May 2021 Production Target Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 28.5 0.87 0.05 199 0.13 247,800 13,500 5,700 37,400 Jaguar South Inferred 7.3 1.08 0.06 258 0.09 79,100 4,800 1,900 6,500 Total 35.8 0.91 0.05 211
Slide 27: Data and references for nickel sulphide deposit comparison
Centaurus Data and references for comparison of Nickel Sulphide deposits held by ASX listed companies. References: 1 ASO - Maiden Resource Estimate (21/2/2023) 2 BHP - 2022 Annual Report - Mineral Resource and Ore Reserve Statement 3 BHP - 2022 Annual Report - Mineral Resource and Ore Reserve Statem