Castile Resources Ltd · ASX:CST
Castile Resources — Investor Presentation (April 2024)
17 slides from Castile Resources's investor presentation, Apr 22, 2024
Slide 1: A New Mine for the New Future: Major Project Status
A New Mine CASTILE RESOURCES LTD ASX:CST for the MAJOR New PROJECT Future STATUS OTCQB:CLRSF APRIL 2024 castile.com.au GOLD COPPER COBALT MAGNETITE Image Supplied By Epiroc 1 Image Supplied By Epiroc
Slide 2: Competent Person Statement and General Disclaimer
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 any new information or
Slide 3: Rover 1 Pre-Feasibility Study Outcomes
ROVER 1 PRE-FEASIBILITY STUDY OUTCOMES A High Grade Iron Oxide Copper Gold (IOCG) Project ROVER 1 ASX:CST PRE-TAX NPV6.5% OTCQB:CLRSF A$451.4M Shares on Issue 242M DOWNSTREAM Unlisted Options 16.6M PRECIOUS & CRITICAL Share Price -1 Year Low/High $0.05/$0.15 METALS PRODUCED IN Market Cap (@$0.10) A$
Slide 4: Rover 1 Awarded Major Project Status
ROVER 1 AWARDED MAJOR PROJECT STATUS Castile has been awarded Major Project Status (MPS) for the Rover 1 Project by the Northern Territory Government. • MPS is awarded to significant contributors to the economic development of the Northern Territory • MPS aligns Castile and the NT Governments vision
Slide 5: Rover 1 – A Rich, High-Grade IOCG Deposit
ROVER 1 – A RICH, HIGH-GRADE IOCG DEPOSIT ASX:CST OTCQB:CLRSF Tails Dam 5 5 5
Slide 6: Precious & Critical Mineral Downstream Products Produced on Site
PRECIOUS & CRITICAL MINERAL DOWNSTREAM PRODUCTS PRODUCED ON SITE AUD $225M AVERAGE ANNUAL REVENUE Using December 2022 PFS Prices 28,700oz ASX:CST Annual Gold Production 300t Annual Cobalt OTCQB:CLRSF PFS Price Assumption Gold Dore 99% Cobalt Production PFS Price Gold $US1,770/oz Assumption $A 2,640/
Slide 7: Total Material Extracted & Processed in the PFS
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 3.11 2.02 1.52 0.07 22.92 201,800 47,400 2,200 713,300 Ore Reserve Inferred ASX:CST 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 250,000 Resource* OTCQB:CLRSF Total
Slide 8: Key Operating and Financial Highlights
KEY OPERATING AND FINANCIAL HIGHLIGHTS Project Economics PFS $A PFS $US Total Revenue $1,943.6M $1,302.2M ASX:CST Project Operating Costs $827.7M $554.6M OTCQB:CLRSF Project Cash Flow $1,115.9M $747.6M NPV6.5% (Pre-tax) $451.5M $302.5M IRR(Pre-tax) 45.9% 45.9% Underlying Mine Profit $686.4M $460.0M
Slide 9: Funding the Rover 1 Project - Flexibility
FUNDING THE ROVER 1 PROJECT - FLEXIBILITY Project Development Capital Expenditure $A and Total Revenue By Metal $A and $US in $US in $Million (FX: A$1 = US$0.67) $Millions Mine Infrastructure A$25.8 (US$17.3) A$819.7 Copper ASX:CST Process Plant A$160.7 (US$107.7) Text box showing (US$549.1) OTCQB:C
Slide 10: Funding the Rover 1 Project
FUNDING THE ROVER 1 PROJECT Castile has undertaken discussions with a number of potential offtake/prepayment and debt providers ASX:CST OTCQB:CLRSF The Australian Federal Government has announced debt funding and financial grants programs for Critical Minerals Project with a strategic focus on: • Cr
Slide 11: Australian Government Critical Mineral Development Assistance Grant and Loan Programs
AUSTRALIAN GOVERNMENT CRITICAL MINERAL DEVELOPMENT ASSISTANCE GRANT AND LOAN PROGRAMS • $5B Northern Australian Infrastructure Facility ASX:CST • $4B Critical Minerals Facility OTCQB:CLRSF • National Reconstruction Fund • $3B Renewables and low emissions technologies • $1B Value-adding in resources
Slide 12: Government Infrastructure Support
GOVERNMENT INFRASTRUCTURE SUPPORT PROPOSED MIDDLE ARM SUSTAINABLE DEVELOPMENT PRECINCT IN DARWIN The Precinct is located on the Middle Arm Peninsula of Darwin Harbour The Territory Government is undertaking master-planning of ASX:CST infrastructure and services, engineering and strict environmental
Slide 13: The Next Asset for the Infrastructure
THE NEXT ASSET FOR THE INFRASTRUCTURE ASX:CST OTCQB:CLRSF PF35 Castile secures $85,000 NT Govt Co-Funding Grant to drill at Pathfinder 35 1* Explorer 108 Indicated Resource of 8.438Mt @ 3.41% Zn, 2.05% Pb, 14.32g/t Ag; and Inferred Resource of 3.43Mt @ 2.81% Zn, 1.88% Pb, 3.32% Ag. 13
Slide 14: West Australian Exploration
WEST AUSTRALIAN EXPLORATION TWO TENEMENTS PROSPECTIVE FOR LITHIUM, NIOBIUM & REE’s ASX:CST OTCQB:CLRSF Fortescue Metals Castile Group (FMG) Resources Milgun Project Castile Resources The Castile Resources Milgun Project comprises of tenements E52/4206 and E52/4235 14
Slide 15: Targets Extend Beyond Current Sampling Data
TARGETS EXTEND BEYOND CURRENT SAMPLING DATA E52/4235 ASX:CST OTCQB:CLRSF 15
Slide 16: Castile Resources
CASTILE RESOURCES • DEVELOPING THE ROVER 1 MINE TO PRODUCE ASX:CST DOWNSTREAM CRITICAL AND PRECIOUS MINERALS OTCQB:CLRSF • LEVERAGE TO KEY METALS GOLD AND COPPER WITH COBALT AND MAGNETITE BY-PRODUCTS • ADVANCED DISCUSSIONS UNDERWAY WITH FINANCE PROVIDERS • MAJOR PROJECT STATUS AWARDED BY NT GOVT AND
Slide 17: Mark Hepburn, Managing Director
Mark Hepburn Managing Director ASX:CST Castile Resources Limited OTCQB:CLRSF castile.com.au www.castile.com.au info@castile.com.au Image Supplied By Epiroc 17 Image Supplied By Epiroc
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