Centaurus Metals Limited · ASX:CTM

Centaurus Metals — Macquarie Western Australia Forum 2022

19 slides from Centaurus Metals's conference presentation, Nov 29, 2022

  1. Slide 1: Jaguar Nickel Sulphide Project: Getting ready for an Electric future

    For personal use only Jaguar Nickel Sulphide Project: Getting ready for an Electric future Darren Gordon, Managing Director MACQUARIE WESTERN AUSTRALIA FORUM – NOVEMBER 2022 1

  2. 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

  3. Slide 3: Investment overview

    Centaurus Metals 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 su

  4. Slide 4: 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

  5. Slide 5: Brazil's Carajás Mineral Province

    Brazil’s Carajás Mineral Province A Tier-1 global mining province For personal use only The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 5

  6. Slide 6: Outstanding infrastructure and logistics

    Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics For personal use only ● High-Voltage (230kV &138kV) grid power within 40km of Project ● Brazil’s national power grid runs on +80% renewables ● Low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do Nor

  7. Slide 7: 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 Net Sequester of Carbon during exploration phase of work at Jaguar Lif

  8. Slide 8: Jaguar Project – 2021 Scoping Study

    Jaguar Project – 2021 Scoping Study 2.7Mtpa nickel sulphate plant to produce +20ktpa nickel in sulphate 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 Refine local based  At conservative SS Ni prices

  9. Slide 9: Jaguar Project – World-Class Resource

    Jaguar Project – World-Class Resource Large-Tonnage, High-Quality JORC Mineral Resource Estimate: 108.0Mt @ 0.87% Ni for 938,500 tonnes of contained nickel metal For personal use only ● Measured & Indicated Resource of 85.8Mt @ 0.85% Ni for 730,300 tonnes - 75% of the Global MRE ● +500kt of M&I nick

  10. Slide 10: Definitive Feasibility Study Advancing Well

    Jaguar Project – Globally Significant Project Taking Shape Definitive Feasibility Study Advancing Well For personal use only Multiple DFS Work Fronts Progressing Well Mining ● Jaguar pits coalescing into one – strike extent of +3km, up to 1km width and depths that extend to over 300m ● Maintaining a

  11. Slide 11: Supporting Local to Create Lasting Benefits

    Supporting Local to Create Lasting Benefits Building relationships now and for the future Supporting Local People & Business For personal use only ● 125 people currently employed by Centaurus in Brazil – 90% reside locally with 20% female, plus an additional 140 contractors on site ● Internship Prog

  12. Slide 12: Approvals & Stakeholder Engagement

    Approvals & Stakeholder Engagement Environmental Approvals On-Track For personal use only ● Majority of the project footprint already disturbed (pasture land) ● Environmental Impact Assessment (EIA/RIMA) lodged ● Jaguar Project is a Strategic Mineral Project in Brazil ● Mining Lease Application (PAE

  13. Slide 13: Jaguar Project – Resource Growth and Upside

    Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth For personal use only +80% since the Company’s maiden Resource in June 2020 – that’s 421kt of contained nickel in 30 months ● Currently adding 165,000tpa of Ni metal in resources ● Targeting 1 million tonnes of nick

  14. Slide 14: 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 14

  15. Slide 15: Jaguar Project Targeted Development Timeline

    Jaguar Project Targeted Development Timeline For personal use only First Production – H1 2026 2024/25 – Construction phase Late 2023 – Final Investment Decision (FID) Mid-2023 – Definitive Feasibility Study November 2022 – MRE Resource Upgrade 2021 Key Environmental & Mining Licenses lodged 15

  16. Slide 16: Key investment takeaways

    Centaurus Metals Key investment takeaways For personal use only ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Tier-1 JORC Resource ● Long-life project ● Strong returns and cash flow generation ● Outstanding growth potential ● The right team and

  17. Slide 17: Contact Details

    For personal use only Jaguar Nickel Sulphide Project: Getting ready for an Electric future Contact Details Darren Gordon – Managing Director +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals MACQUARIE WESTERN AUSTRALIA FORUM – NOVEMBER 2022 17

  18. Slide 18: December 2022 JORC MRE & May 2021 Production Target

    Centaurus December 2022 JORC MRE & May 2021 Production Target For personal use only Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 27.6 0.87 0.05 198 0.13 240,300 13,000 5,500 37,200 Jaguar South Inferred 7.0 1.10 0.07 262 0.09 76,300 4,600 1,800 6,400 To

  19. Slide 19: Data and references for comparison of ASX nickel sulphide deposits

    Centaurus Data and references for comparison of Nickel Sulphide deposits held by ASX listed companies. For personal use only Measured & Indicated Inferred Total Project Project Company Development Stage* Mine Type Mt Ni% Ni Metal Mt Ni% Ni Metal Mt Ni% Ni Metal 1 Yakabinde - BHP Yakabinde BHP Operat

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