Slide 1: Multi-asset and near-term, low-cost copper producer
For personal use only Multi-asset and near-term, low- cost copper producer Corporate Presentation September 2024 ASX/AIM: CLA
Slide 2: Disclaimer & Notes
DISCLAIMER & NOTES This presentation has been prepared by Celsius Resources Limited ("Celsius" or "CLA"). The The distribution of these presentation materials in other jurisdictions may be restricted by information contained in this presentation is a professional opinion only and is given in good la
Slide 3: Investment Portfolio
CELSIUS RESOURCES (CLA) | Investment Portfolio For personal use only ▪ CLA is a dual listed (ASX/AIM) resources company with copper/gold projects in the Philippines. ▪ A multi-asset company with copper/gold JORC resources in the Philippines of 650Mt. ▪ World-class porphyry projects with geographic d
Slide 4: Philippines | Open for Business
Philippines | Open for Business Celsius has received: For personal use only ▪ the first mining permit (MPSA) for a new copper mine in 15 years; and ▪ the first FPIC Certification Precondition for a copper/gold project in 5 years ▪ Strong government support for responsible mining in the Philippines ▪
Slide 5: Commitment to Leading ESG Practices
CELSIUS RESOURCES | Commitment to Leading ESG Practices Celsius Resources is committed to the sustainable discovery and development of copper and gold. The Company defines sustainability as the purposeful delivery of all projects in a manner that is environmentally For personal use only responsible
Slide 6: Highly Experienced Board and Management
CELSIUS RESOURCES | Highly Experienced Board and Management A Fellow of the Institute of Chartered For personal use only JULITO SARMIENTO PETER HUME Accountants of England and Wales Executive Chairman Non-Executive Director and a Member of the UK's Chartered Institute of Securities and Over 40 years
Slide 7: MCB Copper-Gold Project, Kalinga, Philippines
For personal use only MCB Copper-Gold Project Kalinga, Philippines 7
Slide 8: MCB Copper-Gold Project Key Features
MMCI | MCB Copper-Gold Project Key Features For personal use only • Celsius’ flagship project held by its Philippine subsidiary, Makilala Mining Company, Inc. • Located 320km north of Manila. • Tenement covers c.2,500 hectares. • Mining Permit issued on 15 March 2024 which grants the Company exclusi
Slide 9: MCB | Outstanding Assay Results
MCB | Outstanding Assay Results For personal use only Highlights • Intersection of 611.4m @ 1.39% copper and 0.75 g/t gold from 32.5m (1.67% CuEq*). • Multiple internal higher-grade results confirmed: o 150.85m @ 1.90% copper and 1.57 g/t gold from 207./15m (2.55% CuEq*) o 234.45m @ 1.90% copper and
Slide 10: MCB | Mineral Resource Estimate
MCB | Mineral Resource Estimate An updated JORC Mineral Resource Estimate was For personal use only announced in December 2022, comprising: ▪ Global Mineral Resource of 338Mt @ 0.47% copper and 0.12g/t gold (0.2% Cu cut-off). ▪ Total Resource includes approximately 1.6Mt of contained copper and appr
Slide 11: MCB | High Grades & Recoveries and Solid Economics
MCB | High Grades & Recoveries and Solid Economics Key Inputs Preferred Case Preferred Case For personal use only Item Life of Mine (25 First 10 Years ▪ Optimised mine plan focused on the high-grade Years) Cu-Au portion of the MRE, equating to 49 Mt at Ore Mined 22.2 Mt 48.8 Mt 0.85% Cu and 0.41g/t
Slide 12: MCB Project | Permitting and Approvals
MCB Project | Permitting and Approvals For personal use only Refer to ASX Announcements dated 4 October 2022, 15 November 2022, 31 May 2023, 29 September 2023, 18 March 2024, and 04 Sept ember 2024 12
Slide 13: MCB Project | Offsite Infrastructure
MCB Project | Offsite Infrastructure The MCB Project’s mine plan is meticulously outlined to establish supportive infrastructure essential for sustaining and managing its operations seamlessly, from production to the delivery of concentrates. For personal use only Site Infrastructure Power Supply Si
Slide 14: Sagay Copper Project, Negros Occidental, Philippines
For personal use only Sagay Copper Project Negros Occidental, Philippines 14
Slide 15: TMCI | Sagay Copper Project
TMCI | Sagay Copper Project ▪ Sagay Copper Project is held by Tambuli Mining Company, Inc. (TMCI), a Philippine subsidiary of For personal use only Celsius Resources, Ltd. with a tenement area of ~1,780 hectares. ▪ Exploration commenced in 2008, including: o geological mapping o gridlines preparatio
Slide 16: Sagay | Updated Mineral Resource
Sagay | Updated Mineral Resource ▪ The updated JORC-compliant Mineral Resource Estimate (MRE) is defined by 45 diamond drill holes which are broadly spaced and For personal use only have shown copper mineralisation over an extended area from the surface down to 1.2 km in depth. ▪ Focus of the update
Slide 17: Sagay | Low-cost, near-term project
Sagay | Low-cost, near-term project ▪ As a requirement of the Philippine Government, a Mining ▪ The process plant will employ a gravity Project Feasibility Study was conducted to evaluate the concentration method to extract the copper For personal use only technical and financial viability of the sh
Slide 18: Sagay | Permitting
Sagay | Permitting ▪ An application for Declaration of Mining Project Feasibility For personal use only (DMPF) was submitted to the Philippine Government in December 2023, along with the following key documents: o Mining Project Feasibility Study o Final Exploration Report o Environmental Impact Sta
Slide 19: Botilao Copper-Gold Prospect, Kalinga, Philippines
For personal use only Botilao Copper-Gold Prospect Kalinga, Philippines 19
Slide 20: MMCI | Botilao Copper-Gold Prospect
MMCI | Botilao Copper-Gold Prospect For personal use only ▪ Located in the Cordillera Administrative Region in the Philippines, ~320km north of Manila. ▪ It is a prospect within the Makilala portfolio with an approximate area of 947 hectares, southwest of the MCB Project. ▪ Exploration permit was is
Slide 21: Botilao | Initial Exploration Works
Botilao | Initial Exploration Works ▪ The initial two-year exploration program aims to define the extent and For personal use only distribution of the observed mineralisation along Botilao Creek. ▪ Exploration activities will consist of regional to semi-detailed geochemical sampling and mapping to g
Slide 22: Botilao | Exploration Upside
Botilao | Exploration Upside With the close spatial relationship and the For personal use only similarity of mineralisation style of the MCB and the Dickson ore bodies, it can be deduced that both, including the Maalinao Deposit in between, are part of one porphyry mineralisation zone. Long cross se
Slide 23: Celsius | Investment Summary
Celsius | Investment Summary MCB Sagay Copper Project Botilao Copper-Gold For personal use only Copper-Gold Project Prospect ▪ Initial CAPEX of US253m and ▪ Combined Measured, ▪ Estimated copper grades payback period of 2.67 years Indicated and Inferred MRE of up to ~1% based on ▪ Potential for 25-y
Slide 24: Competent Persons Statement
Competent Persons Statement Information in this presentation relating to the reporting of Mineral Resource Estimates and Exploration Results for For personal use only the MCB and Sagay Projects is based on information compiled, reviewed and assessed by Mr. Steven Olsen, who is a Member of the Austra
Slide 25: For personal use only
For personal use only Level 5, 191 St. Georges Terrace Perth WA 6000 PO Box 7059 Cloisters Square PO Perth WA 6850 P: +61 8 9324 4516 W: celsiusresources.com Australia: mark@celsiusresources.com.au Philippines: peter.hume@celsiusresources.com.au United Kingdom: paul.dudley@celsiusresources.com.au 25