Cerrado Gold Inc · TSXV:CERT
Cerrado Gold — Voyager Metals — Investor Presentation (November 2023)
26 slides from Cerrado Gold's investor presentation, November 2023
Slide 1: A Unique Iron and Vanadium opportunity in Quebec
A Subsidiary of Cerrado Gold Inc. AUnique Iron and Vanadium opportunity in Quebec November 2023 TSX.V: VONE
Slide 2: Disclaimer
Disclaimer This presentation contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information") within the meaning of applicable Canadian securities legislation. All information contained in this presentation, other than statements of current and hi
Slide 3: Voyager Metals: Who We Are
Voyager Metals Who We Are Voyager Metals Inc. is a 100% owned subsidiary of Cerrado Gold Inc, a Canadian company publicly listed on the TSX.V, under the symbol CERT. The Company and the Mont Sorcier project are managed by a team of mining professionals with extensive experience developing, operating
Slide 4: Why Voyager Metals?
Why Voyager Metals? A Unique Investment Opportunity in Iron and Vanadium with Supporting • Premium 65% Concentrate provides significant ESG benefits to steel makers globally Transition to Green • Project to use Hydro Power for mill and mine equipment to lower footprint Steel • Limited new infrastruc
Slide 5: Leadership History
Leadership History Team has Extensive Experience From Discovery Through to Production Maracás – Menchen Mine ▪ Acquired 100% ownership of Maracas in 2006 Bahia State, Brazil Worlds highest grade pure vanadium producer ▪ Advanced project from resource estimate in 2008, through permitting, financing,
Slide 6: Voyager's "Green" Product Offering
Voyager’s “Green” Product Offering Mont Sorcier to deliver 65% + iron ore conc for Green Steel High grade (65%+) iron ore demand expected to continue to grow supporting physical demand and premium pricing : DECARBONATION: ➢ Leading economies have established de-carbonization Mont Sorcier Offers GREA
Slide 7: Supporting Transition To Green Steel
Supporting Transition To Green Steel The development of the Mont Sorcier project will support the global transition to Green Steel Production: ➢ Steel is critical to all “green” infrastructure ➢ Use of clean Hydro power expected to significantly lower overall mine footprint relative to other global
Slide 8: Mont Sorcier Iron and Vanadium
Mont Soricer Iron and Vanadium Ideally located with key infrastructure in Place • Located in the municipality of Chibougamau, in Cree traditional territory, Quebec • Site located only 25km from public rail head • >300km of underutilized existing common carry rail line connected directly to ports • E
Slide 9: Mont Sorcier Project: Preliminary Economic Assessment
Mont Sorcier Project Preliminary Economic Assessment PEA Summary $US Million Production Summary Unit LOM Total / Avg. LOM Magnetite Payable kt 104,303 PAYBACK UNDER 2 YEARS Annual Production Rate mtpa 5.0 Operating Costs Total On-site Operating Costs US$/t $21.9 Royalties US$/t $4.1 ✓ Annual average
Slide 10: Conceptual Site Layout
GG CERRADO GOLD VOYAGER Metals Inc. Composantes projetees | Projecred Components a Expacenen:potancel cuponte ret se emuens mini tuning emoer azcrarge steven eestor GR prae cen potable! Denting water inate = contute Roeine ee conyeur/comeyar pee rome ons —— reuse Reo Cevatn Bevaren Intrctustures oe
Slide 11: Significant Indicated Resource In Place
Mont Sorcier Project Significant Indicated Resource In Place Mineral Resources at Mont Sorcier effective June 6, 2022 ➢ Significant Indicated Resource in place to Backstop Feasibility Study → Mine plan only utilizes Indicated North Zone and 25% of current known resources ➢ Significant Additional Res
Slide 12: Concentrate Quality
Concentrate Quality • Recent metallurgical test work supports the potential production of high-grade iron ore concentrate of at least 65% Fe and 0.6% V2O5 with low levels of TiO2 ready for direct blast furnace Average Davis tube % FeT Magnetite V2O5 SiO2 Al2O3 MgO TiO2 grinding Weig size (P95 Grade
Slide 13: High Quality Resource Base and Product
Mont Sorcier Project High Quality Resource Base and Product Resource and Grade(1) Concentrate Iron Grade (1) 35% Fe% V2O5% 62% Concentrate is the +65% Concentrate new benchmark for 67.5% 2.5% current benchmark for High Grade Green steel fines 68.0% 67.5% 67.0% 66.2% 66.1% Black Iron 65.0% Shymanivsk
Slide 14: Low-Capex and Opex and Robust Economics & Payback
Mont Sorcier Project Low-Capex and Opex and Robust Economics & Payback Capital Intensity ($US Initial Capex/LOM Production)1 NPV/Capital Expenditure($US)1 11.31 2.80 8.28 7.61 1.88 6.59 5.50 1.24 0.69 0.54 Voyager Black Iron Macarthur Magnetite Mines Zanaga Iron Magnetite Mines Zanaga Iron Macarthur
Slide 15: Port of Saguenay MOU
Port of Saguenay MOU Port Development Collaboration Voyager and the Port of Saguenay Sign MOU to Support Development Mont Sorcier Project Key Terms ➢ Memorandum of Understanding signed August 2021 ➢ Federally owned Port planned as primary stockpiling and export location for Mont Sorcier concentrate
Slide 16: Moving Mont Sorcier Forward
Moving Mont Sorcier Forward Unlocking the Value of Mont Sorcier Voyager’s Plan to deliver a Feasibility Study for Mont Soricer: ✓ Undertake Drilling Program to Upgrade Resources to M&I to support at least a 20-year mine life ✓ Undertake updated PEA focused on the North Zone Only – Completed July 202
Slide 17: Potential Development Timeline
Moving Mont Sorcier Forward Potential Development Timeline Mont Sorcier Project - Full Proposed Work Program 2023 2024 2025 2026 2027 2028 Program Activity H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 Detailed Metallurgical Optimizing Concentrate Grade & Teswork Sulphur Reduction Flotation Feasibility Study
Slide 18: Appendix
‘VOYAGER Metals Inc.
Slide 19: The Mont Sorcier Project
THE MONT SORCIER PROJECT PROJECT HISTORY Ownership • 100% owned by Voyager Metals Location • 1,919 ha property located 18 km east of the city of Chibougamau Québec • Excellent regional infrastructure, including access to rail, airports, seaports and low-cost hydro power Deposits • Bulk tonnage magne
Slide 20: Quebec Project Management Team
Quebec Project Management Team Hubert Vallée | VP Project Development Mr. Vallée graduated from Laval University in Engineering. He joined Québec Cartier Mining as Project Engineer and was promoted to Director of Operations for its Pellet Plant in 2001. He managed the Iron Ore Company of Canada’s Pe
Slide 21: Corporate Management
CORPORATE MANAGEMENT Mark Brennan, Chief Executive Officer, Chairman & Founder Mark Brennan is Cerrado Gold’s CEO and Co-Chairman. He is a Founding Partner and Executive Chairman of Ascendant Resources Inc. and Executive Chairman of Vanadium One Iron Corp., and has more than 30 years of financial an
Slide 22: Corporate Management
CORPORATE MANAGEMENT David Ball, Vice President, Business Development Mr. Ball was most recently Chief Financial Officer of Santiago Metals Limitada, a private Chilean based copper producer and portfolio company of US Private Equity group, Denham Capital. Prior to his current role he held several po
Slide 23: Corporate Management
CORPORATE MANAGEMENT Carl Calandra, LL.B., MBA, Vice President, General Counsel & Corporate Secretary Mr. Calandra is a legal executive with more than 15 years of advisory, deal-making and public company experience. Prior to joining Cerrado, Mr. Calandra was Vice President and General Counsel of Dun
Slide 24: Conceptual Flow Sheet
Conceptual Flow Sheet Standard Magnetic Separation Design 24
Slide 25: Technical Disclosure
Technical Disclosure *Qualified Persons Statements The July 25, 2022 PEA and other scientific and technical information contained in this news release were prepared by various “qualified persons” in accordance with the Canadian regulatory requirements set out in NI 43-101. The content has been revie
Slide 26: Contact Us
CONTACT US Website: www.voyagermetals.com 125 Rue des Forces Armées Chibougamau, QC Canada G8P 3A1 3205- 200 Bay Street Toronto, ON Canada M5J 2T2 22
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