Castile Resources Ltd · ASX:CST
Castile Resources — Shareholder Meeting (November 2023)
21 slides from Castile Resources's shareholder meeting presentation, Nov 21, 2023
Slide 1: A New Mine for the New Future – 2023 AGM Presentation
CASTILE RESOURCES LTD A New Mine 2023 AGM PRESENTATION ASX:CST for the New Future OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE Mark Hepburn castile.com.au Managing Director Castile Resources Limited Image Supplied By Epiroc 1 Image Supplied By Epiroc
Slide 2: Competent Person Statement and General Disclaimer
COMPETENT PERSON STATEMENT The information contained in this report relating to Exploration Results, Minerals Resources and Ore Reserves has been previously reported by the Company as referenced in this presentation (Announcements). The Company confirms that it is not aware of any new information or
Slide 3: Rover 1 Pre-Feasibility Study Outcomes
ROVER 1 PRE-FEASIBILITY STUDY OUTCOMES A High-Grade Iron Oxide Copper Gold (IOCG) Project ROVER 1 ASX:CST PRE-TAX NPV6.5% OTCQB:CLRSF A$451.4M GOLD Shares on Issue 242M COPPER DOWNSTREAM Unlisted Options 16.6M PRECIOUS & CRITICAL COBALT METALS PRODUCED IN Share Price -1 Year Low/High Market Cap $0.0
Slide 4: Rover 1 – Surrounding Infrastructure
ROVER 1 – SURROUNDING INFRASTRUCTURE ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au 4 4 4
Slide 5: Simplified Processing Flowsheet
SIMPLIFIED PROCESSING FLOWSHEET ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au Recoveries 67.7% 93.6% 83.3% 95.5% 5
Slide 6: Total Material Extracted & Processed in the PFS
TOTAL MATERIAL EXTRACTED & PROCESSED IN THE PFS*1 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 ASX:CST 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 250,000 Resource* OTCQB:CLRSF Total
Slide 7: Proposed Processing Plant Layout
PROPOSED PROCESSING PLANT LAYOUT ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au 7
Slide 8: Key Operating and Financial Highlights
KEY OPERATING AND FINANCIAL HIGHLIGHTS Project Economics PFS $A PFS $US Total Revenue $1,943.6M $1,302.2M ASX:CST Project Operating Costs $827.7M $554.6M OTCQB:CLRSF Project Cash Flow $1,115.9M $747.6M GOLD NPV6.5% (Pre-tax) $451.5M $302.5M COPPER COBALT IRR(Pre-tax) 45.9% 45.9% MAGNETITE Underlying
Slide 9: Funding the Rover 1 Project – Flexibility
FUNDING THE ROVER 1 PROJECT - FLEXIBILITY Project Development Capital Expenditure $A and Total Revenue By Metal $A and $US in $US in $Million (FX: A$1 = US$0.67) $Millions Mine Infrastructure A$25.8 (US$17.3) A$819.7 Copper ASX:CST Process Plant A$160.7 (US$107.7) Text box showing (US$549.1) OTCQB:C
Slide 10: Copper: Where's the Love?
COPPER : WHERE’S THE LOVE? ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE According to Glencore’s estimates, under the 2050 net-zero emissions pathway of the International Energy Agency (IEA), the castile.com.au world will be more than 50 million tons short of copper between 2022 and 2030. https:/
Slide 11: Funding the Rover 1 Project Development Schedule
FUNDING THE ROVER 1 PROJECT Castile has now progressed the Rover 1 project into a Bankable Feasibility Study (BFS) with expected completion in 2024. This includes: • Final metallurgical test work in preparation for test pilot plant. ASX:CST OTCQB:CLRSF • Environmental Impact Statement Approvals – Fi
Slide 12: Critical Minerals Trade Mission to India
CRITICAL MINERALS TRADE MISSION TO INDIA Castile has been selected to attend the Australian Trade and Investment Commission (“Austrade”) Business Delegation of Australian Critical Minerals Producers and Developers to India. The specific purpose of the Critical Minerals Business Delegation to India i
Slide 13: Pathfinder – Exploration Drilling
PATHFINDER 35 – EXPLORATION DRILLING ASX:CST OTCQB:CLRSF GOLD COPPER COBALT PF35 MAGNETITE $85,000 NT Govt Co-Funding castile.com.au Grant to drill at Pathfinder 35 $77,000 NT Govt Co-Funding Grant for Seismic Survey 1* Explorer 108 Indicated Resource of 8.438Mt @ 3.41% Zn, 2.05% Pb, 14.32g/t Ag; an
Slide 14: Traditional Owners and Central Land Council
TRADITIONAL OWNERS AND CENTRAL LAND COUNCIL The tenements containing the Rover 1 Project are located Castile is committed on Aboriginal Freehold Lands administered by the Central to maintaining strong Land Council (CLC) on behalf of the Traditional Owners of Territory and local the Karlantijpa North
Slide 15: Milgun Tenements in WA Prospective for Lithium and Rare Earth Elements
MILGUN TENEMENTS IN WA PROSPECTIVE FOR LITHIUM AND RARE EARTH ELEMENTS ASX:CST OTCQB:CLRSF Fortescue Metals Castile GOLD Group (FMG) Resources COPPER Milgun Project COBALT MAGNETITE Castile castile.com.au Resources The Castile Resources Milgun Project comprises of tenements E52/4206 and E52/4235 15
Slide 16: Review of Public Data Defines Lithium and REE Targets
REVIEW OF PUBLIC DATA DEFINES LITHIUM AND REE TARGETS PREVIOUS HOLDERS COMPLETED OVER 9,000 SOIL GEOCHEMISTRY SAMPLES AT TENEMENT E52/4235 TESTING FOR 53 DIFFERENT METALS CASTILE TO COMMENCE GROUNDWORK ONCE HERITAGE AGREEMENT ACTIONED Lithium Targets ASX:CST OTCQB:CLRSF GOLD COPPER COBALT E52/4235 M
Slide 17: Critical Mineral Targets with Niobium Prevalent
CRITICAL MINERAL TARGETS WITH NIOBIUM PREVALENT Niobium Targets ASX:CST OTCQB:CLRSF GOLD COPPER COBALT E52/4235 MAGNETITE castile.com.au Castile data analysis defines coherent 800m x 175m Niobium-Yttrium-Thorium (Nb-Y-Th) anomaly with associated low order Beryllium-Tin (Be-Sn) anomaly that magnetics
Slide 18: Targets Extend Beyond Current Sampling Data
TARGETS EXTEND BEYOND CURRENT SAMPLING DATA E52/4235 ASX:CST OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au 18
Slide 19: Castile Resources
CASTILE RESOURCES • DEVELOPING THE ROVER 1 MINE TO PRODUCE DOWNSTREAM CRITICAL AND PRECIOUS MINERALS ASX:CST OTCQB:CLRSF • LEVERAGE TO KEY METALS GOLD AND COPPER WITH COBALT AND MAGNETITE BY-PRODUCTS GOLD COPPER • ADVANCED DISCUSSIONS UNDERWAY WITH POTENTIAL CUSTOMERS FOR OFFTAKE FINANCING COBALT MA
Slide 20: Mark Hepburn, Managing Director
Mark Hepburn Managing Director ASX:CST Castile Resources Limited OTCQB:CLRSF GOLD COPPER COBALT MAGNETITE castile.com.au www.castile.com.au info@castile.com.au Image Supplied By Epiroc 20 Image Supplied By Epiroc
Slide 21: Rover 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 ASX:CST OTCQB:CLRSF Inferred 1.61 1.57 1.25 0.07 22.13 81,400 20,100 1,100 357,000 GOLD Total 5.58 1.76 1.49 0.07 23.2
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