Slide 1: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Darren Gordon, Managing Director CORPORATE PRESENTATION – JUNE 2022 1
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
Slide 3: Investment overview
Centaurus 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 13-year Carajas P
Slide 4: A New Era of Nickel Sulphide Demand
A New Era of Nickel Sulphide Demand The looming 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 processing, lowest carbon footpri
Slide 5: Brazil
Brazil Responsible Mining in an emission-friendly jurisdiction ROAD MAP TO MINING FAVOURABLE TAX SYSTEM ROYALTIES TO THE REGIONS 15% effective tax rate for first Royalties split between the Well-Established Mining Regulation 10yrs of operations (SUDAM municipal (65%), state and federal and Tenement
Slide 6: 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 Chris Banasik Mark Hancock Chair Managing Director Executive Director Non-Executive Director Non-Executive Director Lawyer Chartered Accountant Engineer Geologis
Slide 7: Jaguar Project – Supporting Local
Jaguar Project – Supporting Local Building relationships now and for the future Supporting Local People & Business ● 110 people currently employed by Centaurus in Brazil – 90% reside locally with 20% female ● Female representation in the sciences (geology/engineering) strongly on the rise in the reg
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 Presently Net Sequester of Carbon at Jaguar Life-of-mine CO2 footprint forecast to be lower
Slide 9: 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 9
Slide 10: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (138kV) grid power 40km line from Tucumã to site ● Brazil’s national power grid runs on +80% renewables ● Relatively low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do Norte (pop +70
Slide 11: Jaguar Project – Processing Plant & Mine Infrastructure
Jaguar Project – Processing Plant & Mine Infrastructure Nickel sulphate plant to treat 2.7Mtpa 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; LOM strip-ratio of 6.5:1 Nickel Sulphate DFS ● Ausenco recently appointed DFS Le
Slide 12: Scoping Study Economics - Proceeded Straight to DFS
Jaguar Project Scoping Study Economics - Proceeded Straight to DFS Project Development Opportunities At conservative SS Ni prices of US$7.50/lb & US$0.50/lb sulphate premium Refine local based Post Tax NPV8 of A$1.11 billion 52% IRR Resource Growth CAPEX & OPEX Operating Cash Margin of US$4.27
Slide 13: Jaguar Project – Large-tonnage high quality Resource
Jaguar Project – Large-tonnage high quality Resource Resource up-grade set to underpin project capacity upgrade JORC Mineral Resource Estimate: 80.6Mt @ 0.91% Ni for 730,700 tonnes of contained nickel metal ● +500kt of nickel metal within 200m of surface ● Indicated Resource of 43.4Mt @ 0.92% Ni for
Slide 14: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth +40% increase since the Company’s maiden Resource in June 2020 – 213kt of contained nickel in 18 months ● Currently adding 140,000tpa of Ni metal in resources ● Targeting 1 million tonnes of nickel metal by EOY 2023
Slide 15: Deep plumbing systems in the Carajás
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás World-class Carajás IOCG deposits hosted in deep regional-scale structures. Salobo (Cu-Au) Mine, mineralisation to depths of +1,400m and remains open! > 1.0% Cu 0.4 - 1.0% Cu JAGUAR IS JUST GETTING STARTED Source: Wheat
Slide 16: Deep plumbing - open at depth & below UG stope limits
Jaguar Project – Resource Growth and Upside Deep plumbing - open at depth & below UG stope limits 300m 400m Untested Jaguar South Jaguar Central Onça Preta 16
Slide 17: DHEM to drive more deep massive sulphide discoveries
Jaguar Project – Resource Growth and Upside DHEM to drive more deep massive sulphide discoveries DHEM Conductor plates extend +270m below deepest drilling DHEM Plates Open & Untested 17.6m @ 4.86% Ni from 208m, within 56.1m @ 2.05 Ni 17
Slide 18: More development & growth drilling for 2022
Jaguar Project – Resource Growth and Upside More development & growth drilling for 2022 Resource Development & Growth In-fill, step-out and extensional drilling Geotechnical & metallurgical drilling 13 diamond rigs on site Greenfields Growth Drilling 2 RC rigs on site 18
Slide 19: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline Late 2024/Early 2025 First Production 2023-24 – Construction phase Q3/2023 – Formal Decision to Mine Q4/2022 – Definitive Feasibility Study Q4/2021 & Q3/2022 – MRE Resource Upgrades Q3/Q4 2021 – Key Environmental & Mining Licenses lodged Q1/2021– MRE Upgr
Slide 20: 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% $495m Top-20 h
Slide 21: Key investment takeaways
Centaurus Metals Key investment takeaways ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Globally significant JORC Resource ● Long-life project ● Strong returns and cash flow generation ● Outstanding growth potential ● The right team and well fu
Slide 22: 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 CORPORATE PRESENTATION 22
Slide 23: Centaurus Metals Mineral Resources
Centaurus Metals Mineral Resources December 2021 JORC MRE & May 2021 Production Target Grade Contained Metal Material Resource Ore Ni Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Mining Method Ni % Type Category Mt kt Indicated 13.9 1.01 0.05 220 0.18 139,800 6,900 3,100 25,200