Celsius Resources Ltd. · ASX:CLA
Celsius Resources — 121 Mining Investment Hong Kong 2018
22 slides from Celsius Resources's conference presentation, Apr 23, 2018
Slide 1: 121 Mining Investment - Hong Kong: Opuwo Cobalt Project
For personal use only 121 Mining Investment - Hong Kong Opuwo Cobalt Project April 2018
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Celsius Resources Limited (“Celsius” or “CLA”). The information contained in this presentation is a professional opinion only and is given in good faith. The information contained herein is confidential and proprietary to the Co
Slide 3: Corporate
Corporate For personal use only Capital Structure Directors/Management • 601.9M shares (CLA) • Brendan Borg (Managing Director) • 70.5M listed options (CLAO – AUD 0.01 strike) • Bill Oliver (Non Exec Chairman) • Mkt Cap AUD 134M at $0.20 (CLA+CLAO) • Pine van Wyk (Non Exec Director) • Cash - approx.
Slide 4: The Opuwo Advantage
The Opuwo Advantage • A long life, reliable source of cobalt and copper. For personal use only • Large scale: • Maiden JORC Indicated and Inferred Mineral Resource: • 112.4 million tonnes at a grade of 0.11% cobalt, 0.41% copper, and 0.43% zinc, at a cutoff grade of 0.06% (or 600 ppm) cobalt, with c
Slide 5: Cobalt: a commodity in demand
Cobalt: a commodity in demand For personal use only • Substantial price appreciation over past two years to over USD 90,000/tonne. • Battery Grade cobalt chemicals have seen greater price increases than equivalent LME metal prices. • Shift of Chinese EV manufacturers towards cobalt based lithium ion
Slide 6: Cobalt: Best Exposure to Battery Boom?
Cobalt: Best Exposure to Battery Boom? For personal use only 6
Slide 7: Namibia: A Premier Mining Destination
Namibia: A Premier Mining Destination For personal use only • Politically & socially stable: • Strong rule of law. • National development agenda. • Walvis Bay Export Processing Zone - favourable tax considerations. • Excellent project infrastructure: • Regional capital Opuwo (supplies, airport, hosp
Slide 8: Infrastructure
Infrastructure For personal use only • Power and water at Project site. • Excellent road Infrastructure. • Services in nearby regional capital, Opuwo. • Walvis Bay Port. 8
Slide 9: Project Ownership Structure
Project Ownership Structure For personal use only • Celsius moved to immediate 95% interest in Opuwo Cobalt Project in September, 2017 (5% loan carried share remains with local Namibian group). • Gecko Namibia is the largest shareholder of Celsius as a result of the transaction, and subsequent parti
Slide 10: Large-scale Cobalt-Copper Targets
Large-scale Cobalt-Copper Targets For personal use only • Mineralisation hosted in Neoproterozoic sediments of the Kaoko Belt (the western extension of the Copper Belt in DRC and Zambia). • Dolomite Ore Formation (DOF) is a carbon rich, marly dolomitic horizon in a sequence of clastic and carbonate
Slide 11: Maiden JORC Mineral Resource
Maiden JORC Mineral Resource For personal use only • The Mineral Resource estimate comprises 112.4 million tonnes at a grade of 0.11% cobalt, 0.41% copper, and 0.43% zinc, at a cutoff grade of 0.06% (or 600 ppm) cobalt. The Mineral Resource estimate represents contained cobalt of 126,100 tonnes and
Slide 12: Maiden JORC Mineral Resource Tables
Maiden JORC Mineral Resource Tables For personal use only JORC Compliant Indicated and Inferred Mineral Resource Cobalt Contained Category Ore Type Tonnage Cobalt Copper Zinc Cut-off Cobalt (ppm) (Mt) (%) (%) (%) (t) Oxide 600 3.8 0.10 0.39 0.36 3,900 Indicated Transition - Sulphide 600 1.6 0.10 0.4
Slide 13: Mineral Resource Grade Tonnage Curve
Mineral Resource Grade Tonnage Curve For personal use only 13
Slide 14: Maiden JORC Mineral Resource Block Model
Maiden JORC Mineral Resource Block Model For personal use only Block Model Extent - Plan View Block Model - Resource Classification Block Model - Oblique View (+600 ppm) Block Model - Oblique View (+1000 ppm) 14
Slide 15: Maiden JORC Mineral Resource Cross Sections
Maiden JORC Mineral Resource Cross Sections For personal use only Cross Sectional View - Section 365350mE Cross Sectional View - Section 366350mE 15
Slide 16: Simple, sulphide-hosted mineralogy
Simple, sulphide-hosted mineralogy For personal use only • Disseminated and vein-hosted sulphides. • Mineralisation is chalcopyrite (copper), linnaeite (cobalt), sphalerite (zinc) plus iron sulphides (pyrite/pyrrhotite). • Flotation testing showed up to 88% of cobalt recoverable into sulphide concen
Slide 17: High leach extraction of cobalt and copper
High leach extraction of cobalt and copper For personal use only • Employing an approximately 1% cobalt grade flotation concentrate, 8 different leach regimes were explored. • Cobalt extraction in autoclave oxidative leaches were typically greater than 95% at temperatures of 115, 135 and 155 deg C a
Slide 18: Scoping Study Activities
Scoping Study Activities For personal use only • Project Development Manager (Edward Legg) appointed to manage studies. • Key consultants appointed: • Metallurgy - Orway Mineral Consultants (OMC), Hydromet Pty Ltd and SGS Australia. • CAPEX/OPEX Estimates - Orway Mineral Consultants (OMC). • Mining
Slide 19: Peer Comparison
For personal use only Peer Comparison 19
Slide 20: Planned Next Steps
Planned Next Steps For personal use only • Continue expansion of mineralisation with further drilling (underway). • Resource modelling and estimation, culminating in reporting of maiden JORC Mineral Resource (delivered in April, 2018). • Exploration of other targets across the project area (April, 2
Slide 21: Competent Persons Statement
Competent Persons Statement For personal use only Information in this report relating to Exploration Results is based on information reviewed by Mr. Brendan Borg, who is a Member of the Australasian Institute of Mining and Metallurgy and Managing Director of Celsius Resources. Mr. Borg has sufficien
Slide 22: For personal use only
For personal use only ASX.CLA www.celsiusresources.com.au info@celsiusresources.com.au +61 8 9226 4500 22
Celsius Resources — 121 Mining Investment Hong Kong 2018 on 6ix