Castile Resources Ltd · ASX:CST
Castile Resources — PDAC 2025
18 slides from Castile Resources's conference presentation, Mar 4, 2025
Slide 1: PDAC 2025 Castile Resources Ltd – Mine to Metal
Image Supplied By Epiroc PDAC 2025 CASTILE RESOURCES LTD MINE TO METAL Gold and Downstream Critical Minerals Produced in Australia GOLD | COPPER | COBALT | MAGNETITE ASX:CST MARCH 2025 CASTILE.COM.AU OTCQB:CLRSF
Slide 2: Competent Person Statement and General Disclaimer
ASX:CST | OTCQB:CLRSF COMPETENT PERSON STATEMENT The information contained in this report relating to Exploration Results, Minerals Resources and Ore Reserves has been previously reported by the Company as referenced in this presentation (Announcements). The Company confirms that it is not aware of
Slide 3: The Rover 1 Project
ROVER 1 : A HIGH-GRADE IRON OXIDE COPPER GOLD (IOCG) PROJECT ASX:CST | OTCQB:CLRSF THE ROVER 1 PROJECT PRE-TAX NPV6.5 A$451.4M USING $A2,640/oz (CURRENT PRICE ~A$4500/oz) GOLD AND & DOWNSTREAM CRITICAL METALS PRODUCED IN AUSTRALIA MAJOR PROJECT STATUS AND LAND ALLOCATION AT CRITICAL MINERALS PROCESS
Slide 4: The Richest Gold Copper District in Australian Mining History
THE RICHEST GOLD COPPER DISTRICT IN AUSTRALIAN MINING HISTORY ASX:CST | OTCQB:CLRSF THE ROVER MINERAL FIELD – A STRATIGRAPHIC COPY OF THE TENNANT CREEK MINERAL FIELD The Rover Mineral Field is believed to be a stratigraphic repetition of the rich Tennant Creek Field. Four drilling programs have all
Slide 5: Rover 1: A Rich, High-Grade IOCG Deposit
DRILLING HIGHLIGHTS ASX:CST | OTCQB:CLRSF ROVER 1 A RICH, HIGH-GRADE IOCG DEPOSIT Bonanza High Grade Gold Intercepts Copper Intercepts 30.4m @ 36.50 g/t Au 21m @ 6.86% Cu from 506.5m in 20CRD001 from 469m in WGR1D011 7m @ 125.93 g/t Au 27m @ 4.75% Cu from 542m in WGR1D034 from 429m in WGR1D024-1 20m
Slide 6: Gold & Critical Mineral Downstream Products Produced in Australia
GOLD & CRITICAL MINERAL DOWNSTREAM PRODUCTS PRODUCED IN AUSTRALIA ASX:CST | OTCQB:CLRSF AUD $225M AVERAGE ANNUAL REVENUE USING DECEMBER 2022 PFS PRICES GOLD COBALT DORE SULPHATE 28,700oz 300t Annual Gold Production Annual Cobalt Production 2022 PFS Price Assumption PFS Price Assumption $A2,640/oz $U
Slide 7: Beneficiation in Tennant Creek – Refining in Darwin
MULTIPLE REVENUE STREAMS – KEY METALS GOLD AND COPPER ASX:CST | OTCQB:CLRSF BENEFICIATION IN TENNANT CREEK - REFINING IN DARWIN ROVER 1: INDICATIVE FLOWSHEET 6
Slide 8: Rover Site: Proposed Beneficiation Plant Design
MINING AND BENEFICIATION ASX:CST | OTCQB:CLRSF ROVER 1 SITE: PROPOSED BENEFICIATION PLANT DESIGN Fine Ore Bin Flotation Plant LIM’s Plant SAG Mill Crushers PFS Production Average Annual Electrical and Life of Project Summary Production Storage Total Ore Mined 500,000t 4,315,000t Gold 28,700oz Au 252
Slide 9: Middle Arm Sustainable Development Precinct in Darwin
DOWNSTREAM REFINING IN AUSTRALIA ASX:CST | OTCQB:CLRSF MIDDLE ARM SUSTAINABLE DEVELOPMENT PRECINCT IN DARWIN • A purpose-built precinct for downstream critical mineral processing and access to renewable energy production • Local skilled workforce • Access to port, rail, road and communications infra
Slide 10: MASDP Processing Plant Catchment Area – Third Party Concentrates
VALUE ADD DOWNSTREAM PROCESSING INDUSTRY FOR AUSTRALIA ASX:CST | OTCQB:CLRSF MASDP PROCESSING PLANT CATCHMENT AREA – THIRD PARTY CONCENTRATES 9
Slide 11: Key Operating and Financial Highlights
FINANCIALLY ROBUST STAND-ALONE OPERATION ASX:CST | OTCQB:CLRSF KEY OPERATING AND FINANCIAL HIGHLIGHTS Project Economics PFS $A PFS $US Total Revenue $1,943.6M $1,302.2M Project Operating Costs $827.7M $554.6M Project Cash Flow $1,115.9M $747.6M NPV6.5% (Pre-tax) $451.5M $302.5M IRR(Pre-tax) 45.9% 45
Slide 12: Passive Seismic Survey – Ambient Noise Tomography
PASSIVE SEISMIC SURVEY - AMBIENT NOISE TOMOGRAPHY (ANT) ASX:CST | OTCQB:CLRSF THE ROVER MINERAL FIELD CASTILE HAS SECURED A $95,000 HAS OVER 100 CO-FUNDING GRANT TO DRILL IOCG TARGETS PATHFINDER 35 AT THE PERFECTLY SUITED COMPLETION OF THE ANT SURVEY TO TESTING WITH ANT TECHNOLOGY Pathfinder 35 and
Slide 13: Rover 1 Government Support
ASX:CST | OTCQB:CLRSF ROVER 1 GOVERNMENT SUPPORT ROVER 1 AWARDED MAJOR PROJECT STATUS Castile has been awarded Major Project Status (MPS) for the Rover 1 Project by the Northern Territory Government. AUSTRALIAN GOVERNMENT GRANT AND LOAN PROGRAMS $5B $4B $6B Northern Critical Minerals National Austra
Slide 14: Pan African Resources Takeover of TCMG in Tennant Creek
PAN AFRICAN RESOURCES (AIM:PAF) ~ A$1.40 BILLION MARKET CAPITALISATION ASX:CST | OTCQB:CLRSF PAN AFRICAN RESOURCES TAKEOVER TCMG IN TENNANT CREEK AND NAME CASTILES’ ROVER 1 PROJECT AS A POTENTIAL THIRD PARTY ORE SOURCE IN PRESENTATION 5TH Nov 2024 5/11/24 *PAN AFRICAN RESOURCES (AIM:PAF) ~MARKET CAP
Slide 15: Castile Resources
ASX:CST | OTCQB:CLRSF CASTILE RESOURCES DEVELOPING THE ROVER 1 MINE to produce gold and downstream critical minerals STRONG LEVERAGE TO GOLD AND COPPER with cobalt and magnetite by-products ADVANCED FINANCING DISCUSSIONS UNDERWAY with institutional providers and Government MAJOR PROJECT STATUS AND L
Slide 16: Contact
Image Supplied By Epiroc CONTACT MARK HEPBURN Managing Director Castile Resources Limited www.castile.com.au ASX:CST info@castile.com.au OTCQB:CLRSF
Slide 17: Appendix A: Total Material Extracted & Processed in the PFS
APPENDIX A ASX:CST | OTCQB:CLRSF TOTAL MATERIAL EXTRACTED & PROCESSED IN THE PFS*1 Tonnes Au Cu Co Fe3O4 Au Cu Co Fe3O4 (Mt) (g/t) (%) (%) (%) (oz) (t) (t) (t) Probable Ore 3.11 2.02 1.52 0.07 22.92 201,800 47,400 2,200 713,300 Reserve Inferred Resource* 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 2
Slide 18: Appendix B: Funding the Rover 1 Project
APPENDIX B ASX:CST | OTCQB:CLRSF Project Development Capital Total Revenue By Metal $A Expenditure $A and $US in $Million and $US in $Millions (FX: A$1 = US$0.67) Mine Infrastructure A$25.8 Copper A$819.7 (US$17.3) (US$549.1) Process Plant A$160.7 Gold $666.7 FUNDING THE (US$107.7) (US$446.7) ROVER