Cyprium Metals Limited · ASX:CYM
Cyprium Metals — 1Q 2024 Earnings Presentation
16 slides from Cyprium Metals's earnings presentation, May 9, 2024
Slide 1: Investor Presentation: 1Q Results and Update
INVESTOR PRESENTATION: 1Q RESULTS AND UPDATE 9 MAY 2024 www.cypriummetals.com
Slide 2: Disclaimers and Forward-Looking Statements
DISCLAIMERS AND FORWARD-LOOKING STATEMENTS IMPORTANT: You must read the following before continuing. This Shareholder Update Presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”) and authorised for release to ASX by the Board of Direc
Slide 3: Cyprium Metals (ASX:CYM) – At a Glance
CYPRIUM METALS (ASX:CYM) – AT A GLANCE Company Description Share Trading History – Last 12 Months Governance Team Cyprium Metals Ltd is an ASX-listed Australian copper 0.120 3,000 Matt Fifield Exec Chairman company. Its flagship property is the Nifty Copper Mine in Trading suspended Ross Bhappu Non-
Slide 4: First Quarter Results
FIRST QUARTER RESULTS Quickly moving through the work Quarterly Highlights Key Timelines • Important work streams at Nifty advanced Item Mar Apr May Jun Jul • Updated MRE released with +1 million tonnes in Nifty open pit resources SX-EW Restart • Heeler discovery in Murchison – shallow and high grad
Slide 5: Near-Term Copper Production at Nifty: Cathode
NEAR-TERM COPPER PRODUCTION AT NIFTY: CATHODE Cathode in 2025, Concentrate in 2027 5 CYPRIUM | INVESTOR PRESENTATION | MAY 2024
Slide 6: Re-treat Existing Heaps in Place and De-stack
RE-TREAT EXISTING HEAPS IN PLACE AND DE-STACK Cathode in 2025, Concentrate in 2027 Simple operating plan on retreatment – Existing heaps were built up in 3m layers – Heaps are turned over by small excavator in Residual Copper 17.2mt @ 0.53% 3m lifts to refresh surface areas, then re-leached Cu for 9
Slide 7: Recover Copper in Existing Plant When Refurbished
RECOVER COPPER IN EXISTING PLANT WHEN REFURBISHED Cathode in 2025, Concentrate in 2027 Project execution is straightforward: re-wire, re-motor, and repair existing equipment on site Existing Power Supply necessary to support a Existing Solvent Extraction Plant the project life Existing Solution Pond
Slide 8: Cathode Plan Will Make CYM Stronger
CATHODE PLAN WILL MAKE CYM STRONGER Cathode in 2025, Concentrate in 2027 Tailwinds from strong projected copper prices Consensus Copper Prices from April 241 2024 2025 2026 2027 2028 Source: S&P Market Intelligence. 1. Consensus price for 12 major financial institutions that have updated commodity p
Slide 9: Moving Through Work Streams Towards FID
MOVING THROUGH WORK STREAMS TOWARDS FID SX-EW Restart Development Process Resource and Met Confirmation Conceptual Plan We are here Execution Offtake and Planning Financing Board Approval & FID 9 CYPRIUM | INVESTOR PRESENTATION | MAY 2024
Slide 10: Near-Term Copper Production at Nifty: Concentrate
NEAR-TERM COPPER PRODUCTION AT NIFTY: CONCENTRATE Cathode in 2025, Concentrate in 2027 Our expectations: Concept study release expected in this quarter PFS in following quarter 10 CYPRIUM | INVESTOR PRESENTATION | MAY 2024
Slide 11: Building Best-in-Class Team and Performance Culture
BUILDING BEST-IN-CLASS TEAM AND PERFORMANCE CULTURE Rare chance to build a meaningful copper company quickly Strengthening team and ability to move from past to future Matt Ross Scott Gary Milan Manu Fifield Bhappu Perry Comb Jerkovic Trivedi Exec Chair NED NED NED COO CFO – Interim Pacific Road RCF
Slide 12: Copper-Focused Resources in Paterson and Murchison
COPPER-FOCUSED RESOURCES IN PATERSON AND MURCHISON Beyond Nifty, our copper-focused exploration portfolio will be a growth engine in the years to come. • Paterson Province: Prospective ground for large sediment-hosted deposits – Maroochydore: significant copper-cobalt resource proximate to Nifty – I
Slide 13: CYM Development Strategy
CYM DEVELOPMENT STRATEGY Cathode in 2025, Concentrate in 2027 and organic growth beyond HIGH Nifty Project SX-EW execution Restart Nifty Copper Design / Large Surface Mine feasibility Conceptual plans Project Maroochydore Knowledge MEDIUM Baseline Murchison Assets Resource delineation Near Nifty Gre
Slide 14: Important Notices
IMPORTANT NOTICES Competent Person’s Statement The information in this report that relates to estimation and reporting of Mineral Resource Estimates is an accurate representation of the available data and is based on information compiled by external consultants and Mr. Peter van Luyt who is a member
Slide 15: Important Notices
IMPORTANT NOTICES Mineral Resource Estimates on which Cu equivalent calculations are based MAROOCHYDORE MINERAL RESOURCE ESTIMATE 2013 Resource Material type Volume m3 BD Tonnes Cu eq % Cu eq T Cu % Cu T Co ppm Co T Zn ppm Zn T Category Indicated 18,561,818 2.2 40,836,000 1.03 420,265 0.92 375,691 3
Slide 16: Thank You
THANK YOU Contact Us Registered Office & Principal Place of Business Unit 1, 437 Roberts Road Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com