Centaurus Metals Limited · ASX:CTM
Centaurus Metals — 121 Mining Investment Cape Town 2018
34 slides from Centaurus Metals's conference presentation, Feb 5, 2018
Slide 1: Hunting for elephants in Brazil
For personal use only Hunting for elephants in Brazil • Outstanding IOCG discovery opportunities at Salobo West and Pebas with exploration underway and advancing well • Exciting new Ni‐Co Project next to one of the world highest grade Ni‐Co Resources • Strong leverage to discovery success underpinne
Slide 2: Disclaimer
Disclaimer For personal use only 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 presentatio
Slide 3: Exceptional Leverage to World-Class Mineral Discoveries
Exceptional Leverage to World‐Class Mineral Discoveries For personal use only Diversified Brazilian resource company with projects in Capital Structure Tier‐1 addresses Shares on Issue (post raise) 2,072.3m Significant emerging copper‐gold portfolio in Pará – Salobo West and Pebas IOCG Projects – dr
Slide 4: Board and Key Management
Board and Key Management For personal use only BOARD OF DIRECTORS DIDIER MARK STEVE DARREN BRUNO ROGER PAUL MURCIA HANCOCK PARSONS GORDON SCARPELLI FITZHARDINGE BRIDSON AM, B.Juris, LL.B B.Bus, CA, FFin B.Sc (Geol) Hons B.Bus, FCA, AGIA B.Comm, CA, AGIA M.Sc, PMP B.Sc (Geology), MAusIMM Non‐Executiv
Slide 5: Brazil – A Mining-Friendly Jurisdiction
Brazil – A Mining‐Friendly Jurisdiction For personal use only Latin America’s largest economy Rapidly growing population (currently ~208 million) Low interest rates (by historical standards), low inflation and rising economic growth Wide‐ranging economic reforms underway – labour laws, pension schem
Slide 6: Pará EP – Multiple Projects in A World-Class Mineral Address
Pará EP – Multiple Projects in A World‐Class Mineral Address For personal use only Salobo West Copper‐Gold Project 6
Slide 7: The Carajás Mineral Province – The Land of the Giants
The Carajás Mineral Province –The Land of the Giants For personal use only The world‐class Carajás Mineral Province boasts nine IOCG deposits with resources of +100Mt Cu‐Au, incl. six of +300Mt, for +4.0Bt of Cu‐Au resources Includes Vale’s giant Salobo Mine: Reserves of 1.2Bt @ 0.63% Cu, 0.4g/t Au
Slide 8: The Carajás Mineral Province – Dominated by Vale for Decades
The Carajás Mineral Province – Dominated by Vale for Decades For personal use only Explored by Vale since the 1970’s – has controlled 90% of the province for past 50 years Most of the IOCG’s were discovered in the 1970s and 1980s using conventional mapping and soil geochemistry programs Most deposit
Slide 9: The Cinzento Shear Zone (NW) – The Best Place to Be for Cu-Au
The Cinzento Shear Zone (NW) – The Best Place to Be for Cu‐Au For personal use only Vale IOCG Deposits in the Cinzento Shear Zone (NW) Salobo West tenements Vale tenure +1,100km2 ‐ No other company holds significant tenure CTM granted tenure circa 120km2 All deposits at surface and hosted by the Ita
Slide 10: Salobo West – Multiple Cu-Au Prospects in a World-Class Address
Salobo West – Multiple Cu‐Au Prospects in a World‐Class Address For personal use only SW1 tenement hosts at least three quality Cu‐Au Prospects: – SW1‐A, SW1‐B & Serendipidade High‐quality Government and historical exploration data providing enormous “head start” for exploration Environmental Licenc
Slide 11: Salobo West – SW1-B Prospect
Salobo West 1 – SW1‐B Prospect For personal use only SW1‐B Prospect Distinct 6.5km long Cu‐Au‐Fe(‐Co) geochemistry anomaly that is locally over 600m wide and coincident with the strong E‐W magnetic feature All known IOCG deposits in the Carajás located in the metavolcanic‐ sedimentary units of the I
Slide 12: Salobo West – SW1-B Multiple targets within same Prospect
Salobo West 1 – SW1‐B Multiple targets within same Prospect For personal use only The Cruzamento Zone: Located at the intersection of the east‐west BIF and the north‐west trending BIF unit of the SW1‐A Prospect The Cu‐Au(‐Co) geochem signature is continuous across the zone and the highest gold a
Slide 13: Salobo West – SW1-B – Positive Historical Drill Results
Salobo West 1 – SW1‐B – Positive Historical Drill Results For personal use only SW1-B Line 536800 Anglo American drilled only one hole into SW1‐B Prospect* DRI10‐FD0010 intersected 4m @ 0.8g/t Au (incl. 1m @2.0g/t Au) with 55% Fe from 116m‐120m, Preceded by an interval from 110m‐ 115m with copper va
Slide 14: Salobo West – SW1-A Prospect
Salobo West 1 – SW1‐A Prospect For personal use only SW1‐A Prospect Distinct magnetic anomaly, coincident with +3.2km Cu‐ Au‐Fe soil geochemical signature that is locally up to 800m wide Hosted in the same stratigraphic sequence and only 15km along strike from Vale’s giant Salobo Copper‐Gold Mine, a
Slide 15: Salobo West – Serendipidade Prospect
Salobo West 1 – Serendipidade Prospect For personal use only Serendipidade Prospect +2.5km long x 700m wide Cu‐Co‐Au‐Ag‐Mo soil anomaly that is coincident with a strong Electromagnetic (VTEM) response Eight historical drill holes with near surface oxide intersections that include:* 10m @ 0.09% cobal
Slide 16: Salobo West – Serendipidade Prospect
Salobo West 1 – Serendipidade Prospect For personal use only Serendipidade Prospect The thick package of graphite‐pyrite rich sediments dip shallowly (25‐350) towards the south‐southwest which is responsible for the broad strong VTEM anomaly Any high‐grade mineralisation is expected to be associated
Slide 17: Salobo West – SW2
Salobo West 2 – SW2 For personal use only Salobo West 2 The Salobo West 2 (SW2) Exploration Lease was recently granted The tenement area covers an extension of the Itacaiúnas Supergroup 12km WNW of the Salobo Mine This occurrence of the Itacaiúnas unit appears to be associated with a regional struct
Slide 18: The Canga Prospect – High-Grade Iron Ore at Salobo West
The Canga Prospect – High‐Grade Iron Ore at Salobo West For personal use only Multiple assays above 65% Fe returned from rock chip samples taken from the outcropping “canga” at Salobo West Canga in the Carajás is typically up to 20m thick and is the common geological marker that sits directly over a
Slide 19: The Canga Prospect – High-Grade Iron Ore at Salobo West
The Canga Prospect – High‐Grade Iron Ore at Salobo West For personal use only 2D profile modelling shows comparable magnetic susceptibilities and geometries to the magnetic responses over Vale’s giant S11D iron ore deposit, located 90km away S11D is the largest iron ore mine in the world with Reserv
Slide 20: Salobo West – The Road to Discovery
Salobo West – The Road to Discovery For personal use only Target generation work completed by industry‐leading independent consultants: – Alan King, former Chief Geophysicist for Global Exploration at Vale and Inco, based in Brazil from 2007‐2011 – Southern Geoscience Consultants, highly experienced
Slide 21: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only Itapitanga – Ni‐Co Project 21
Slide 22: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only Located in the western region of the world‐class Carajás Mineral Province The project area is 50km NE of the town of Sao Felix de Xingu, accessible via all‐year unpaved roads 370km from from the regional centre of Parauapebas Readily accessi
Slide 23: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only The Itapitanga Ni‐Co Project is located at the southern extent of Anglo American’s world‐class Jacaré Nickel‐Cobalt Project Resources: 307Mt at 1.3% Ni and 0.13% Co, including a high‐grade cobalt resource of 185Mt at 1.2% Ni and 0.18% Co1. P
Slide 24: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only The Itapitanga Ni‐Co target limits are well defined by lateritic outcrops, limonitic soils and regional magnetic and radiometric signatures Main target area is 4.5km long and up to 2.5km wide Soil sample program already underway on 200m x 50
Slide 25: Pebas Cu-Au Project – Potential High-Grade Copper: Drill-Ready
Pebas Cu‐Au Project – Potential High‐Grade Copper: Drill‐Ready For personal use only The Pebas Copper‐Gold Prospect 25
Slide 26: Pebas Cu-Au Project
Pebas Cu‐Au Project For personal use only Explored in 2010/11 by TSX‐listed INV Metals Inc. (“INV”) 2km long, +500ppm copper‐in‐soils anomaly generated with +750m long +1000ppm high‐grade zone Historical drilling in 2010 returned intersections of up to 3.7% Cu within broad zones of mineralisation su
Slide 27: Pebas Cu-Au Project – High-Grade Opportunity & New Targets
Pebas Cu‐Au Project – High‐Grade Opportunity & New Targets For personal use only Fault‐related IOCG target that remains untested, INV drill spacing in 2010 was on 300m sections and didn’t test fault Comparable soils anomaly (+1000ppm Cu) and hosted in a similar geological setting to the Antas Norte
Slide 28: Minas Gerais Iron Ore Projects
Minas Gerais Iron Ore Projects For personal use only Jambreiro and Conquista Iron Ore Projects 28
Slide 29: Jambreiro – Project Location
Jambreiro – Project Location For personal use only 110km from Ipatinga steel‐making region JORC Resource of 128Mt 350km Initial Friable Ore Reserve of 48.5Mt 110km Over 19,000m of diamond and RC drilling to support JORC Resource and 140km Reserve • Over US$25M spent on exploration, feasibility and e
Slide 30: Jambreiro – A Development-Ready Project
Jambreiro – A Development‐Ready Project For personal use only Environmental and Mines Department approvals received for a 3Mtpa wet processing operation Mining Leases granted 10‐year land access agreement signed in 2012 with option to extend Positive Feasibility Study completed in November 2012 for
Slide 31: Conquista DSO Project
Conquista DSO Project For personal use only Significant high‐grade (+64% Fe) DSO outcrop already identified on the Conquista ground over 2.5km of strike Rock chip samples collected to date grade 64‐ 70% Fe with low impurities – strong correlation with ground magnetic signature Initial testwork has s
Slide 32: Conquista DSO Project – Option Granted
Conquista DSO Project – Option Granted For personal use only 12‐month option granted to local mining group – R3M R$1 million (~US$350k) to be spent by R3M on exploration at Conquista during the option period, which is to include ~1,000m of drilling. Work underway. Program of Works targeted at provin
Slide 33: Centaurus – Key Investment Takeaways
Centaurus – Key Investment Takeaways For personal use only Extensive and highly prospective mineral portfolio in Tier‐1 locations Outstanding package of copper‐gold and nickel‐cobalt projects in the Carajás Mineral Province, northern Brazil World‐class IOCG discovery opportunities at Salobo West and
Slide 34: Hunting for elephants in Brazil
For personal use only Hunting for elephants in Brazil • Outstanding IOCG discovery opportunities at Salobo West and Pebas with exploration underway and advancing well • Exciting new Ni‐Co Project next to one of the world highest grade Ni‐Co Resources • Strong leverage to discovery success underpinne
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