Slide 1: Jaguar: Accelerating towards the world's next green nickel project
For personal use only Jaguar: Accelerating towards the world’s next green nickel project A long-life nickel sulphide project in Brazil’s Carajás, ready to plug-in to the lithium-ion battery boom Roger Fitzhardinge, General Manager – Exploration & Growth 1
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
Slide 3: Centaurus Metals: Our vision
Centaurus Metals Our vision For personal use only Underpinned by a high-quality asset at Jaguar, we are well placed to deliver on our target to be a clean and efficient 20,000-plus tonne per annum nickel producer by the end of 2024 to assist in the global transition to electrification and to meet an
Slide 4: A New Era of Nickel Sulphide Demand
A New Era of Nickel Sulphide Demand The looming clean energy revolution For personal use only WHERE IS THE NEW SUPPLY COMING FROM? EVs and the path to decarbonisation require Class-1 nickel Class-1 nickel will preferentially be sourced from sulphide deposits – low capital intensity, easy processing,
Slide 5: Brazil: Responsible Mining in an emission-friendly jurisdiction
Brazil Responsible Mining in an emission-friendly jurisdiction For personal use only ROAD MAP TO MINING FAVOURABLE TAX SYSTEM ROYALTIES TO THE REGIONS Well-Established Mining 15% effective tax rate for first Royalties split between the Regulation and Tenement 10yrs of operations municipal (65%), sta
Slide 6: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province For personal use only Jaguar Nickel Sulphide Project 80.6Mt @ 0.91% Ni for 730,700t Ni Metal The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 6
Slide 7: High-quality Board and Management Team
High-quality Board and Management Team Extensive Brazil & Nickel Sulphide Experience For personal use only Board Didier Murcia, AM Darren Gordon Bruno Scarpelli Chris Banasik Mark Hancock Chair Managing Director Executive Director Non-Executive Director Non-Executive Director Lawyer Chartered Accoun
Slide 8: Approvals & Stakeholder Engagement
Jaguar Project – Approvals & Stakeholder Engagement Building relationships now and for the future For personal use only Environmental Approvals On-Track ● Majority of the project footprint already disturbed (pasture land) ● Lodgement of EIA/RIMA completed – August 2021 ● Lodgement of updated PAE (Mi
Slide 9: Processing Plant & Mine Infrastructure
Jaguar Project – Processing Plant & Mine Infrastructure Nickel sulphate plant to treat 2.7Mtpa – can Jaguar deliver more? For personal use only Blended Mill Feed: 33.7Mt @ 1.01% Ni for 341,300t of contained Ni over initial ~13-year LOM +75% of mill feed from open pit; LOM strip-ratio of 6.5:1 Nickel
Slide 10: Scoping Study Economics - Proceeded Straight to DFS
Jaguar Project Scoping Study Economics - Proceeded Straight to DFS For personal use only Project Development Opportunities At conservative SS Ni prices of US$7.50/lb & US$0.50/lb sulphate premium Refine local based Post Tax NPV8 of A$1.11 billion 52% IRR Resource CAPEX & OPEX Operating Cash Ma
Slide 11: GHG Emissions – Forecast to be a Class-leader
GHG Emissions – Forecast to be a Class-leader Powered by renewables & high-grade nickel sulphides For personal use only GHG Intensity Curve – Nickel (E1 GHG Emission Metrics®) Jaguar Nickel Sulphate Project 4.69t of CO2/t of NiEq Life-of-mine CO2 footprint forecast to be lower than 97% of global nic
Slide 12: Large-tonnage high quality Resource
Jaguar Project – Large-tonnage high quality Resource Resource up-grade set to underpin project capacity upgrade For personal use only JORC Mineral Resource Estimate: 80.6Mt @ 0.91% Ni for 730,700 tonnes of contained nickel metal ● +500kt of nickel metal within 200m of surface ● Indicated Resource of
Slide 13: Resource Growth and Upside
Jaguar Project – Resource Growth and Upside A unique deposit with sustainable growth For personal use only +40% since the Company’s maiden Resource in June 2020 – that’s 213kt of contained nickel in 18 months ● Currently adding 140,000tpa of Ni metal in resources ● Targeting 1 million tonnes of nick
Slide 14: Resource Growth and Upside: Deep plumbing systems in the Carajás
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás For personal use only World-class Carajás IOCG deposits hosted in deep regional-scale structures. Salobo (Cu-Au) Mine, mineralisation to depths of +1,400m and remains open! > 1.0% Cu 0.4 - 1.0% Cu JAGUAR IS JUST GETTING
Slide 15: Resource Growth and Upside: open at depth
Jaguar Project – Resource Growth and Upside Deep plumbing - open at depth & below UG stope limits For personal use only 300m 400m Untested 15 Jaguar South Jaguar Central Onça Preta
Slide 16: DHEM to drive more deep massive sulphide discoveries
Jaguar Project – Resource Growth and Upside DHEM to drive more deep massive sulphide discoveries DHEM Conductor plates extend For personal use only +270m below deepest drilling DHEM Plates Open & Untested 17.6m @ 4.86% Ni from 208m, within 56.1m @ 2.05 Ni 16
Slide 17: More development & growth drilling for 2022
Jaguar Project – Resource Growth and Upside More development & growth drilling for 2022 For personal use only Resource Development & Growth In-fill, step-out and extensional drilling Geotechnical & metallurgical drilling 12 diamond rigs on site Greenfields Growth Drilling 2 RC rigs on site 17
Slide 18: Targeted Development Timeline
Jaguar Project Targeted Development Timeline End 2024 For personal use only First Production 2023-24 – Construction phase Q3/2023 – Formal Decision to Mine Q4/2022 – Definitive Feasibility Study Q4/2021 & Q3/2022 – MRE Resource Upgrades Q3/Q4 2021 – Key Environmental & Mining Licenses lodged Q1/2021
Slide 19: Corporate Summary
Corporate Summary Capital Structure February 2022 For personal use only Shares on Issue 423m Unlisted Options 12m Top 20 Holders 67.7% Market Capitalisation ($1.20) A$508m Cash (31/12/21 + Net Raise) A$80m Other Significant Assets Jambreiro Iron Ore Project Substantial Shareholders McCusker Holdings
Slide 20: Key investment takeaways
Centaurus Key investment takeaways For personal use only ● Nickel focus – sustainable nickel sulphide asset leveraged to strong long-term Class-1 nickel market outlook ● Extremely low carbon footprint – estimated to be lower than 97% of global nickel production ● Favourable infrastructure-rich proje
Slide 21: Contact us
For personal use only Jaguar: Accelerating towards the world’s next green nickel project February 2022 Roger Fitzhardinge, GM – Exploration & Growth Contact us office@centaurus.com.au.au (+61) 8 6424 8420 Follow our communications: : Centaurus Metals : @CentaurusMetals 21
Slide 22: December 2021 JORC MRE & May 2021 Production Target
Centaurus December 2021 JORC MRE & May 2021 Production Target For personal use only Grade Contained Metal Material Resource Ore Ni Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Mining Method Ni % Type Category Mt kt Indicated 13.9 1.01 0.05 220 0.18 139,800 6,900 3,100 25,200 Jag