Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Shareholder Meeting (May 2022)
23 slides from Centaurus Metals's shareholder meeting presentation, May 27, 2022
Slide 1: ASX Announcement: Managing Director's Presentation - Annual General Meeting
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 27 May 2022 Managing Director’s Presentation - Annual General Meeting For personal use only The Company attaches the presentation to be made by the Managing Director at today’s Annual General Meeting. -ENDS For further enquiries please contact: Authorised
Slide 2: Developing the world's next significant green nickel project
For personal use only Developing the world's next significant green nickel project Darren Gordon, Managing Director 2022 ANNUAL GENERAL MEETING 1
Slide 3: 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 4: Investment overview
Centaurus World-class Resource Investment overview with significant growth potential For personal use only 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
Slide 5: Corporate Summary
Corporate Summary Centaurus is developing one of the world’s premier new 427m 9m For personal use only near-surface nickel sulphide projects, with class-leading GHG emission credentials, to take advantage of surging Shares on issue Unlisted options demand for Class-1 nickel from the global EV indust
Slide 6: A New Era of Nickel Sulphide Demand
A New Era of Nickel Sulphide Demand The looming clean energy revolution For personal use only 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,
Slide 7: Brazil: Responsible Mining in an emission-friendly jurisdiction
Brazil Responsible Mining in an emission-friendly jurisdiction For personal use only 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
Slide 8: High-quality Board and Management Team
High-quality Board and Management Team Extensive Brazil & Nickel Sulphide Experience For personal use only 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 Accoun
Slide 9: Supporting Local
Jaguar Project – Supporting Local Building relationships now and for the future For personal use only 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
Slide 10: GHG Emissions – Forecast to be a Class-leader
GHG Emissions – Forecast to be a Class-leader Powered by renewables & high-grade nickel sulphides For personal use only 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
Slide 11: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province For personal use only Jaguar Nickel Sulphide Project 80.6Mt @ 0.91% Ni for 730,700t Ni Metal The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 10
Slide 12: Brazil's Carajás Mineral Province: Outstanding infrastructure and logistics
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics For personal use only ● 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 Ourilâ
Slide 13: Processing Plant & Mine Infrastructure
Jaguar Project – Processing Plant & Mine Infrastructure Nickel sulphate plant to treat 2.7Mtpa For personal use only 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 rec
Slide 14: Scoping Study Economics - Proceeded Straight to DFS
Jaguar Project Scoping Study Economics - Proceeded Straight to DFS For personal use only 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
Slide 15: 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 For personal use only ● +500kt of nickel metal within 200m of surface ● Indicated Resource of
Slide 16: Resource Growth and Upside
Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth For personal use only +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 ni
Slide 17: Deep plumbing systems in the Carajás
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás For personal use only 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
Slide 18: Deep plumbing - open at depth & below UG stope limits
Jaguar Project – Resource Growth and Upside Deep plumbing - open at depth & below UG stope limits For personal use only 300m 400m Untested Jaguar South Jaguar Central Onça Preta 17
Slide 19: DHEM to drive more deep massive sulphide discoveries
Jaguar Project – Resource Growth and Upside DHEM to drive more deep massive sulphide discoveries For personal use only 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 18
Slide 20: More development & growth drilling for 2022
Jaguar Project – Resource Growth and Upside More development & growth drilling for 2022 For personal use only 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 19
Slide 21: Targeted Development Timeline
Jaguar Project Targeted Development Timeline Late 2024/Early 2025 For personal use only 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 lo
Slide 22: Key investment takeaways
Centaurus Key investment takeaways For personal use only ● 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 t
Slide 23: Contact Details
For personal use only 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 2022 ANNUAL GENERAL MEETING 22