Castile Resources Ltd · ASX:CST
Castile Resources — Technical Presentation (December 2022)
18 slides from Castile Resources's technical presentation, Dec 5, 2022
Slide 1: Rover 1 Mine: 2022 Pre-Feasibility Study Outcomes
A New Rover 1 Mine 2022 Pre-Feasibility Study Outcomes for the New Future PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au Image Supplied By Epiroc 1 Image Supplied By Epiroc
Slide 2: Competent Persons Statements
COMPETENT PERSONS STATEMENTS The information in this report that relates to Exploration Results and Mineral Resources and Exploration Data is based on, and fairly and accurately represents, information and supporting documentation compiled by Mr. Jake Russell B.Sc. (Hons) MAIG and Mr Mark Savage who
Slide 3: Rover 1 Pre-Feasibility Study Outcomes
ROVER 1 PRE-FEASIBILITY STUDY OUTCOMES ROVER 1 PRE-TAX NPV6.5% A$451.4M DOWNSTREAM PRECIOUS & CRITICAL METALS PRODUCED IN AUSTRALIA SUSTAINABLE DEVELOPMENT FOR THE DECARBONISED PRE-FEASIBILTY STUDY PRESENTATION FUTURE DECEMBER 2022 castile.com.au ASX:CST 5 December 2022 Rover 1 Preliminary Feasibili
Slide 4: Commodity Price Assumptions Used in the Rover 1 PFS
Commodity Price Assumptions Used in the Rover 1 PFS Copper $US4.25/lb Gold $US1,770/oz Cobalt price $US60,000/t 96.5% Magnetite $US234.50/t Exchange rate of $US:$AUD of $0.67 The Rover 1 Preliminary Feasibility Study Team • Study Compilation Castile • Geology and Resource Estimation Castile and Cube
Slide 5: Rover 1 – Surrounding Infrastructure
ROVER 1 – SURROUNDING INFRASTRUCTURE PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au 5 5 5
Slide 6: Precious & Critical Mineral Downstream Products Produced on Site
PRECIOUS & CRITICAL MINERAL DOWNSTREAM PRODUCTS PRODUCED ON SITE Gold Dore 99% Cobalt 99% Copper 96.4% Magnetite PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au Image Supplied By Epiroc 6
Slide 7: Key Operating and Financial Outcomes
KEY OPERATING AND FINANCIAL OUTCOMES Project Economics PFS Outcome $A EQUIVALENCIES Total Revenue $1,943.6M At the nominated commodity price Project Operating assumptions used in the PFS: $827.7M Costs The average annual production in Project Cash Flow $1,115.9M Gold equivalent is: NPV6.5% (Pre-tax)
Slide 8: Rover 1 Mineral Resource Estimate and Ore Reserve
ROVER 1 MINERAL RESOURCE ESTIMATE Tonnes Au Cu Co Fe3O4 Au Cu Co Fe3O4 Class (Mt) (g/t) (%) (%) (%) (oz) (t) (t) (t) Indicated 3.97 1.83 1.59 0.07 23.64 233,800 63,100 2,900 938,000 Inferred 1.61 1.57 1.25 0.07 22.13 81,400 20,100 1,100 357,000 Total 5.58 1.76 1.49 0.07 23.20 315,200 83,200 4,000 1,
Slide 9: Total Material Extracted & Processed in the PFS; Production Summary
TOTAL MATERIAL EXTRACTED & PROCESSED IN THE PFS Tonnes Au Cu Co Fe3O4 Au Cu Co Fe3O4 (Mt) (g/t) (%) (%) (%) (oz) (t) (t) (t) Probable 3.11 2.02 1.52 0.07 22.92 201,800 47,400 2,200 713,300 Ore Reserve Inferred Mineral 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 250,000 Resource* Total 4.31 1.94 1.42
Slide 10: Capital Expenditure
CAPITAL EXPENDITURE Castile Resources - Supporting School Sport in the Barkly Region Project Development Capital Expenditure $A Mine Infrastructure $25.8M Process Plant $160.7M Surface Infrastructure $29.7M Sub-Total $216.2M Contingency $21.6M Total $237.8M PRE-FEASIBILTY STUDY Pre-Production $41.7M
Slide 11: Robust Post-Tax NPV6.5% Sensitivity +/- 10% Analysis
ROBUST POST-TAX NPV6.5% SENSITIVITY +/- 10% ANALYSIS PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au 11
Slide 12: Project Layout Mine Design
PROJECT LAYOUT MINE DESIGN Road to Tennant Creek Plant Site ROM Waste Dump WESTERN Box Cut ZONE Accommodation Village Rover 4 JUPITER Decline to Rover 1 JUPITER DEEPS Rover 1 PRE-FEASIBILTY STUDY PRESENTATION Tails Dam GANYMEDE DECEMBER 2022 castile.com.au 12 12 12
Slide 13: Simplified Processing Flowsheet
SIMPLIFIED PROCESSING FLOWSHEET PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au 13
Slide 14: Strong Community Engagement
STRONG COMMUNITY ENGAGEMENT Castile is committed to maintaining strong Territory and local government support Supporting local communities via employment and enrichment programs Castile has donated Sporting Equipment and Uniforms to all schools within the entire PRE-FEASIBILTY STUDY Barkly Region PR
Slide 15: Traditional Owners and Central Land Council; Government Support
Traditional Owners and Central Land Council The tenements containing the Rover 1 Project are located on Aboriginal Freehold Lands administered by the Central Land Council (CLC) on behalf of the Traditional Owners for the Karlantijpa North and Karlantijpa South Land Trust. Castile has a confidential
Slide 16: Reasonable Basis for Funding Assumption
REASONABLE BASIS FOR FUNDING ASSUMPTION Castile has not entered into formal discussions regarding the funding of the Rover 1 Project. However, Castile has undertaken informal, preliminary discussions with a number of different financial institutions that provide funding for resource projects through
Slide 17: Conclusions from the Rover 1 PFS; Development Schedule
CONCLUSIONS FROM THE ROVER 1 PFS The PFS shows that the Rover 1 Project is commercially viable, and Castile will now progress the Rover 1 project into a Bankable Feasibility Study (BFS). The BFS will commence with further test work in December 2022 and aim for completion in late 2023. Work to be und
Slide 18: For more information
For more information https://www.castile.com.au/wp-content/uploads/2022/12/61126598.pdf www.castile.com.au info@castile.com.au PRE-FEASIBILTY STUDY PRESENTATION DECEMBER 2022 castile.com.au Image Supplied By Epiroc 18 Image Supplied By Epiroc
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