Celsius Resources Ltd. · ASX:CLA
Celsius Resources — Non-Deal Roadshow (April 2022)
20 slides from Celsius Resources's roadshow presentation, Apr 4, 2022
Slide 1: Leading the charge to develop low-cost, sustainable copper & cobalt supply
For personal use only Leading the charge to develop low-cost, sustainable copper & cobalt supply. London Roadshow April 2022
Slide 2: Celsius Resources: A Development Company
CELSIUS RESOURCES For personal use only A DEVELOPMENT COMPANY • Three significant projects in the Philippines and MCB Namibia • The MCB Copper Gold project in Northern Luzon • The Sagay Copper Gold project in Central Sagay Negros • The Opuwo Cobalt project in Namibia • Celsius is prioritising the de
Slide 3: Corporate Structure
CORPORATE STRUCTURE For personal use only ASX:CLA Shareholder Composition Share Price (as at 31-Mar-2022) A$0.028 Shares On issue 1,221 million Market Cap A$34.2 million Management Cash Position (as at 31-Mar-2022) ~A$3.4 million 8% Celsius Share Price (8 months) 0.040 All other Shareholders Remaini
Slide 4: Highly Experienced Board & Management
HIGHLY EXPERIENCED For personal use only BOARD & MANAGEMENT MARTIN BUCKINGHAM ROBERT GREGORY BILL OLIVER Executive Chairman Managing Director Non-Executive Director Over 40 years’ experience in resource industries and A mining engineer with extensive experience A geologist with over 20 years’ experi
Slide 5: Environmental, Social and Governance
CELSIUS RESOURCES For personal use only Environmental, Social and Governance Our Vision To become an environmentally sustainable producer of copper and gold via numerous operating mines in the Philippines, generating significant profits for shareholders whilst simultaneously enhancing the wellbeing
Slide 6: MCB Copper Gold Project – Project Location
Maalinao Caigutan Biyog (MCB) For personal use only COPPER GOLD PROJECT – Project Location SW Mt. Mines Maalinao Dickson NE • 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 system with s
Slide 7: MCB Positive Scoping Study Results
For personal use only MCB POSITIVE SCOPING STUDY RESULTS Base case Key Inputs Initial CapEx Payback period Pre-tax NPV(8%) Optimised mine plan US$253m 2.67 years US$618m (~A$865m) at an focusing on the high- LOM C1 cash cost 25 year mine life IRR of 35% assuming grade Cu-Au portion of US$1.29/lb Cu,
Slide 8: MCB Copper Gold Project Mineral Resource Estimate
MCB For personal use only COPPER GOLD PROJECT 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-
Slide 9: Exciting Shallow High-Grade Zone Discovered
MCB For personal use only COPPER GOLD PROJECT 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.2 • Including internal shallow higher-grade
Slide 10: Strong Social Acceptability for MCB Project
MCB For personal use only COPPER GOLD PROJECT STRONG SOCIAL ACCEPTIBILITY FOR MCB PROJECT • The Philippines Mines and Geosciences Bureau (MGB) have awarded the MCB project priority status to fast-track project approvals. • The company has received local government endorsements and strong support for
Slide 11: MCB Copper Gold Project Next Steps
MCB For personal use only COPPER GOLD PROJECT NEXT STEPS Philippines • Complete the current drill program and update the resource model. • Undertake ongoing geotechnical, hydrological, environmental programs. • Complete the Free and Prior Informed (FPIC) consent process and EIS with host indigenous
Slide 12: Sagay Porphyry Copper Project
SAGAY PORPHYRY For personal use only COPPER PROJECT SAGAY PROJECT (NABIGA-A PROSPECT) • Sagay is a very large Copper Gold Porphyry system located on the Philippines northern part of the island of Negros. • Celsius believes this could be a substantial OPEN economic mine at depth but also has the pote
Slide 13: Opuwo Cobalt-Copper Project
OPUWO For personal use only COBALT-COPPER PROJECT • Upgraded JORC Compliant Resource4 estimate comprising 225.5 Mt at 0.12% Co, 0.43% Cu and 0.54% Zn. • The Minerals Resource estimate represents contained 259,000 tonnes of contained Co, and 970,000 tonnes of contained Cu, and consists of: o Indicate
Slide 14: Opuwo Cobalt Project Metallurgical History
OPUWO For personal use only COBALT PROJECT Metallurgical History • Insufficient metallurgical test work EPL4540 Co-Cu-Zn (DOF) prevented the Scoping Study being published in 2019. EPL4346 • Roasting processes were never fully evaluated. • Recent mineralogy studies show high Cobalt / Zinc association
Slide 15: Opuwo New Roasting Test Work Programs
OPUWO For personal use only COBALT PROJECT New roasting test work programs New roasting test work Concentrate Flotation Circuit Concentrate roasting Calcine Leaching Previous test work (now discarded) Solvent Extraction Electro-winning / • In the POx route, the high levels of pyrite in the concentra
Slide 16: Opuwo New Hydrometallurgical Test Work Programs
OPUWO For personal use only COBALT PROJECT New Hydrometallurgical test work programs • The Opuwo deposit is a large but finely disseminated complex sulphide with pyrite as the major host mineral. • Previous test work focused on producing a concentrate via floatation and then recovering the cobalt vi
Slide 17: Hydromet Process Flowsheet to be Tested
OPUWO For personal use only COBALT PROJECT One of the Hydromet Process Flowsheets to be tested Concentrate H2S Gas Flotation Circuit Regenerated Lixiviant Primary Leach Sulphur Production plus Energy O2 Pregnant Liquor Liquid Solid Low waste volumes Acid Regeneration Metal Oxides Liquid Solid Cu, Co
Slide 18: Summary
CELSIUS RESOURCES For personal use only Summary • 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 development of MCB.
Slide 19: Thank You
For personal use only THANK YOU +61 8 6188 8181 info@celsiusresources.com.au celsiusresources.com.au
Slide 20: Disclaimer & Notes
For personal use only DISCLAIMER & NOTES 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