Cyprium Metals Limited · ASX:CYM
Cyprium Metals — Investor Presentation (November 2022)
26 slides from Cyprium Metals's investor presentation, Nov 4, 2022
Slide 1: Investor Presentation IMARC 2022
INVESTOR PRESENTATION IMARC 2022 NOVEMBER 2022 www.cypriummetals.com
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER IMPORTANT: You must read the following before continuing. This investor presentation (“Presentation”) has been prepared by Cyprium Metal s Limited (ABN 48 002 678 640) (“Cyprium” or “Company”). Summary information By reviewing or retaining these materials, or attendi
Slide 3: Cautionary Statement
CAUTIONARY STATEMENT IMPORTANT: You must read the following before continuing. This investor presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”). • The Restart Study as referred to in this ASX announcement is intended to be used for
Slide 4: Who is Cyprium Metals?
WHO IS CYPRIUM METALS? AUSTRALIAN COPPER DEVELOPER • Cyprium Metals formed in June 2019 with the strategy of developing copper projects in Australia • First transaction in 2019 was an earn-in and JV of the Hollandaire Copper Project, a shallow high grade copper sulphide resource. This was followed i
Slide 5: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 2.50 Bubble size according to copper metal contained in mineral Eloise, A1M resource. Minimum 34,000 t metal content to be displayed. Cobar Superbasin, PEX Jervois, KGL Collerina, HLX 2.00 Hollandaire, CYM 80
Slide 6: Corporate Overview
CORPORATE OVERVIEW Corporate snapshot Share price performance Share price (19 October 2022) AU$ 0.07/share Shares on Issue 730.2 million Performance rights 58.2 million Options 26.3 million Market capitalization AU$ 51 million Cash (30 June 2022) AU$ 19 million Debt AU$ 36 million Enterprise value A
Slide 7: Cyprium Metals – Restarting the Production from Nifty
CYPRIUM METALS – RESTARTING THE PRODUCTION FROM NIFTY Comments Located in a tier-1 mining jurisdiction Key project numbers (Phase 1) • Cyprium Metals is an ASX listed mining company H1 2024 Commissioning • Cyprium is focused on delivering an expedited development 6.3 Years timeframe on its flagship
Slide 8: Nifty Copper Mine – Site Layout
NIFTY COPPER MINE – SITE LAYOUT Tailings Dam Decline & Conveyor Boxcut Waste Dumps Processing Plant Mine Village Open Pit Waste Water Treatment Facility Heap Leach Pads Gas Pipeline Airstrip Solution Ponds SX EW Plant Power Plant 8 CYPRIUM | INVESTOR PRESENTATION - BUILDING AN AUSTRALIAN COPPER COMP
Slide 9: Brief History of Nifty
BRIEF HISTORY OF NIFTY History Historical production and copper prices • Nifty commenced as an open pit, oxide heap leach SX-EW operation, (tpa) US$/mt producing copper cathode from 1993-2009 under Western Mining Annual copper cathode production Annual copper in concentrate production Corporation (u
Slide 10: Site Infrastructure
SITE INFRASTRUCTURE Nifty has a fully sealed 2.1km airstrip that is capable Nifty generates its own power from a gas fired of landing commercial passenger jets (up to 108 seat captive General Electric 21MW power plant. F100 & E190 jet aircraft). Nifty also has on standby two 2.5MW gas / diesel The a
Slide 11: Nifty Copper SX-EW Restart
NIFTY COPPER SX-EW RESTART Nifty Copper SX-EW – Restart Study Results Contained Copper: Annual Copper Cathode Cu Grade: Offtake agreements: 732kt Production: 0.65% Copper Cathode (940kt post study2) 25kt easily sold into Asia Target production Nifty Restart NPV1: Nifty Restart IRR1: Nifty CAPEX1: St
Slide 12: Nifty – Done It Before
NIFTY – DONE IT BEFORE Comments Wetar LME Grade A copper metal cathode (>99.99% Cu) • Management completed the construction and operation of the Wetar Copper Project in Eastern Indonesia with Finders Resources • Project located on a remote island with only sea access and difficult mountainous terrai
Slide 13: Nifty – Capital Cost Estimate
NIFTY – CAPITAL COST ESTIMATE Projected development capital expenditure (AU$M) Breakdown of capital expenditure AU$M Monthly development capex (LHS) Cumulative development capex (RHS) AU$M Capex item AU$M General and supporting infrastructure 15.0 20 160 Process Plant 97.7 - Crushing 6.4 - Agglomera
Slide 14: Nifty Finance
NIFTY FINANCE Comments • Finance process well advanced with various parties • Finance data room is open and due diligence by parties is well advanced – Restart Study and supporting documentation – Financial model – Technical DD documents – Commercial DD documents – Legal DD documents – Experts repor
Slide 15: Nifty Copper Project Approvals & Licenses
NIFTY COPPER PROJECT APPROVALS & LICENSES NIFTY COPPER PROJECT APPROVALS Department Permit / Item Description Status Date Lodged Approved Works Approval and Licence Amended Prescribed Activities Licence to enable processing Application accepted and 8th March 2022 4th May 2022 Department of Water & E
Slide 16: Phase 1 Nifty Project Timeline
PHASE 1 NIFTY PROJECT TIMELINE H1 H2 H1 2022 2023 2023 2024 Complete Restart Study • Finance Drawdown • Commissioning • COPPER Submit Approvals • Final Approvals Received • Open pit Mining CATHODE Continue Finance Process • Construction Underway Underway PRODUCTION • Final Open Pit Inventory • Ore S
Slide 17: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE Environment Social Governance Greenhouse Gas Emissions Part IV/EPA • Environmental Protection Authority (EPA) services • No sites of significance for Aboriginal heritage • The Company as a listed entity, at the Department of Water and Environmental have been iden
Slide 18: Appendix
APPENDIX 18 Cyprium | Investor presentation - BUILDING AN AUSTRALIAN COPPER COMPANY | NOVEMBER 2022
Slide 19: Mineral Resource Estimates
MINERAL RESOURCE ESTIMATES NIFTY COPPER OPERATION - MINERAL RESOURCE ESTIMATE AT MAY 2022 2 MAROOCHYDORE - MINERAL RESOURCE ESTIMATE AT 31 MARCH 2016 3 Cut-off Measured Indicated Inferred Total Ore Indicated Inferred Total Ore Source Ore Grade Metal Ore Grade Metal Ore Grade Metal Ore Grade Metal So
Slide 20: Mineral Resource Estimates
MINERAL RESOURCE ESTIMATES HOLLANDAIRE - 2012 JORC MINERAL RESOURCE ESTIMATE 1 NANADIE WELL - 2012 JORC MINERAL RESOURCE ESTIMATE 4 Resource Grade Metal Grade Metal Grade Metal Material type Volume Tonnes Cu % Cu Tonnes Au g/t Au Ounces Ag g/t Ag Ounces Resource Category Material type Volume Tonnes
Slide 21: Murchison Copper Project
MURCHISON COPPER PROJECT Hollandaire and Nanadie Well are complementary deposits that comprise the Murchison Copper Project • Murchison Copper Project is a resource development opportunity • Continued drilling success at Nanadie Well will form part of a Maiden JORC 2012 Mineral Resource Estimate, wh
Slide 22: Maroochydore Copper Project
MAROOCHYDORE COPPER PROJECT Potential to unlock value from a substantial copper resource • Diamond drilling completed for metallurgical testwork • Substantial shallow Oxide and Sulphide Mineral Resource of over 480,000 tonnes of copper: • Mineralisation remains open along strike >3km and down-dip •
Slide 23: Paterson Exploration Project
PATERSON EXPLORATION PROJECT Premier exploration destination in Australia - Cyprium leveraged to exploration success via JV with IGO Ltd • Exploration has commenced, IGO Ltd (ASX: IGO) • Large & highly prospective position in the Paterson Province, adjacent to Nifty processing infrastructure • IGO c
Slide 24: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX Mineral Resource Contained Cu Contained Contained Label Project CommodityStage Code Operator As of Date Tonnes Total Cu% Metal M&I Tonnes Cu% Cu Metal Inferred Cu% Cu Metal CYPRIUM MRE COMBINED Cy
Slide 25: Copper Developer Peer Comparison
COPPER DEVELOPER PEER COMPARISON Contained Copper mineral resources in Australian projects1 Primary ASX Label Project Commodity Stage Code Operator Date SOURCE Page Link Caravel, CVV Caravel Copper PFS completed Jul 2022 CVV Caravel Minerals Limited 12-Jul-22 PFS results 12 https://cdn-api.markitdig
Slide 26: Thank You
THANKYOU 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
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