Slide 1: RRS Conference, 30-31 May 2017
RRS Conference, 30-31 May 2017 Darren Gordon, Managing Director For personal use only Highly leveraged to growth, discovery success and opportunity in Brazil • Drilling underway at exceptional greenfields gold target at newly-acquired Serra Misteriosa Gold Project • Strong leverage to discovery succ
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into a
Slide 3: Repositioned, Rejuvenated and Ready for Growth
Repositioned, Rejuvenated and Ready for Growth Experienced Brazilian resource company with Capital Structure diversified portfolio – gold, copper and iron ore For personal use only Shares on Issue 1,123.2m Strategic alliance with Terrativa Minerais SA – one Listed Options (EP $0.01, Exp 30/4/18) 226
Slide 4: Board and Key Management
Board and Key Management BOARD OF DIRECTORS For personal use only DIDIER MARK STEVE DARREN BRUNO ROGER PAUL MURCIA HANCOCK PARSONS GORDON SCARPELLI FITZHARDINGE BRIDSON AM, B.Juris, LL.B B.Bus, CA, FFin B.Sc (Geol) Hons B.Bus, FCA, AGIA B.Comm, CA, AGIA M.Sc, PMP B.Sc (Geology), MAusIMM Non-Executiv
Slide 5: Pará EP – Multiple Projects in A World-Class Mineral Address
Pará EP – Multiple Projects in A World-Class Mineral Address For personal use only Pará Exploration Package (Pará EP) 5
Slide 6: South East Pará – Home to Very Large Mineral Deposits
South East Pará – Home to Very Large Mineral Deposits o Centaurus’ recently-acquired Pará EP For personal use only tenement portfolio has outstanding potential for a new world-class discovery o Includes the drill-ready Serra Misteriosa Gold Project and the well-located Salobo West Project o Belo Sun
Slide 7: Serra Misteriosa Gold Project – Highly Prospective & Drill-Ready
Serra Misteriosa Gold Project – Highly Prospective & Drill-Ready o 19-hole, 3,500m diamond drill program For personal use only underway o Detailed exploration work has been completed but no drilling up until now o Continuous 5.0km long, high-grade gold- in-soils anomaly (+50ppb Au), including +2.0km
Slide 8: Serra Misteriosa Gold Project – Strong IP Results
Serra Misteriosa Gold Project – Strong IP Results o Induced Polarisation (IP) survey completed For personal use only at the central portion of the Serra Misteriosa high-grade gold-in-soils anomaly (+50ppb Au) with two reconnaissance lines o Independent expert’s review confirms excellent data quality
Slide 9: Serra Misteriosa Gold Project – Strong IP Results
Serra Misteriosa Gold Project – Strong IP Results IP Section 1000 – Serra Misteriosa IP Section 3600 – Serra Misteriosa For personal use only +50ppb Au Priority 1 Targets – combination of HG geochem results and IP anomalies High resistivity cap represents intensively depleted supergene zone (~80m) T
Slide 10: Serra Misteriosa Gold Project – Maiden Drill Program Underway
Serra Misteriosa Gold Project – Maiden Drill Program Underway For personal use only New targets (+100ppb Au) • 3,500m maiden diamond drill program underway • First assay results expected by mid-June • Ongoing mapping and soil sampling continues to identify new targets 10
Slide 11: Serra Misteriosa – Another Volta Grande?
Serra Misteriosa – Another Volta Grande? Serra Misteriosa – Centaurus Volta Grande – Belo Sun (TSX) WNW-ESE trending regional scale structures intruded by syntectonic dioritic and WNW-ESE trending greenstone belt intruded by syntectonic Proterozoic dioritic For personal use only granodioritic pluton
Slide 12: Carajás Mineral Province – Home to Massive IOCG Deposits
Carajás Mineral Province – Home to Massive IOCG Deposits o Centaurus’ recently-acquired Pará EP For personal use only tenement portfolio has outstanding potential for a new world-class discovery o Includes the drill-ready Serra Misteriosa Gold Project and the well-located Salobo West Project o Belo
Slide 13: Carajás Mineral Province – Home to Massive IOCG Deposits
Carajás Mineral Province – Home to Massive IOCG Deposits Distance from CTM Historical Company Deposits Mineral Reserves Mineral Resources Annual Production EL’s / EL applications Production For personal use only (Km) Vale Igarape Bahia 3.1 Moz Au 12 Garimpeiros Serra Pelada 2.5 Moz Au 20 Vale Salobo
Slide 14: Salobo West Copper-Gold Project – "Elephant Country"
Salobo West Copper-Gold Project – “Elephant Country” o The Carajás Mineral Province is located For personal use only in the south-east of Pará State and hosts multiple world-class copper- gold, gold, nickel, manganese and iron ore deposits o CTM’s 150km2 Salobo West EL applications are 12km along st
Slide 15: Brazilian Iron Ore Projects
Brazilian Iron Ore Projects For personal use only Conquista DSO Iron Ore Project 15
Slide 16: Iron Ore Project Locations
Iron Ore Project Locations For personal use only 16 16
Slide 17: Conquista DSO Project – Ground Magnetics
Conquista DSO Project – Ground Magnetics For personal use only Conquista Project located only 8km from the recently divested Candonga DSO Project Significant high-grade (+64% Fe) DSO outcrop already identified on the Conquista ground over 2.5km of strike 17
Slide 18: Conquista – DSO Exploration Target
Conquista – DSO Exploration Target Rock chip samples collected to date grade 64-70% Fe with low impurities For personal use only DSO Exploration Target established at Conquista of 3.5-8Mt grading 64% to 67% Fe based on outcrop, field mapping and knowledge of the Candonga Project. The Exploration Tar
Slide 19: Conquista DSO Project – Recent Transaction
Conquista DSO Project – Recent Transaction 12-month option granted to Ecosinter – the same For personal use only group who acquired the Candonga Project, located just 8km away Candonga production expected to start mid-2017 R$1 million to be spent on exploration at Conquista during the option p
Slide 20: Brazilian Iron Ore Projects: Jambreiro Project
Brazilian Iron Ore Projects For personal use only Jambreiro Project 20
Slide 21: Jambreiro – Project Location
Jambreiro – Project Location For personal use only • JORC Resource of 128Mt • Initial Ore Reserve of 48.5Mt • Over 19,000m of 350km diamond and RC drilling to support JORC Resource and Reserve 110km • Extensive data set (including drill core) available to support project funding 140km • Steel mill c
Slide 22: Jambreiro – A Fully-Licenced Development Project
Jambreiro – A Fully-Licenced Development Project Key Financial Outcome – 2013 Feasibility Study Total All Environmental and Mines Department For personal use only Production Rate 1Mtpa approvals in place for a wet processing Mine Life 18 years operation up to 3Mtpa Total Revenue A$750 million EBITDA
Slide 23: Centaurus – Key Investment Takeaways
Centaurus – Key Investment Takeaways Brazilian-focused resource explorer and developer with extensive For personal use only mineral portfolio Strategic Alliance with prominent Brazilian exploration group continuing to deliver value and provide access to new projects Outstanding new package of gold a
Slide 24: RRS Conference, 30-31 May 2017
RRS Conference, 30-31 May 2017 Darren Gordon, Managing Director For personal use only