Castile Resources Ltd · ASX:CST
Castile Resources — Technical Presentation (February 2023)
19 slides from Castile Resources's technical presentation, February 2023
Slide 1: Rover 1 Mine Pre-Feasibility Study Outcomes
A New Rover 1 Mine Pre-Feasibility Study Outcomes for the New Future PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au Image Supplied By Epiroc 1 Image Supplied By Epiroc
Slide 2: Competent Persons Statements
COMPETENT PERSONS STATEMENTS The information in this report that relates to Exploration Results and Mineral Resources and Exploration Data is based on, and fairly and accurately represents, information and supporting documentation compiled by Mr. Jake Russell B.Sc. (Hons) MAIG and Mr Mark Savage who
Slide 3: Rover 1 Pre-Feasibility Study Outcomes
ROVER 1 PRE-FEASIBILITY STUDY OUTCOMES ROVER 1 PRE-TAX NPV6.5% A$451.4M DOWNSTREAM PRECIOUS & CRITICAL METALS PRODUCED IN AUSTRALIA Shares on Issue 242M SUSTAINABLE Unlisted Options 16.6M DEVELOPMENT FOR Share Price (30/1/23) 9.6c THE DECARBONISED Market Cap $23.2M PRE-FEASIBILTY STUDY FUTURE PRESEN
Slide 4: Precious & Critical Mineral Downstream Products Produced on Site
PRECIOUS & CRITICAL MINERAL DOWNSTREAM PRODUCTS PRODUCED ON SITE Gold Dore 99% Cobalt 99% Copper 96.4% Magnetite PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au Image Supplied By Epiroc 4
Slide 5: Rover 1 – Surrounding Infrastructure
ROVER 1 – SURROUNDING INFRASTRUCTURE PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au 5 5 5
Slide 6: Commodity Price Assumptions Used in the Rover 1 PFS
Commodity Price Assumptions Used in the Rover 1 PFS Copper $US4.25/lb Gold $US1,770/oz Cobalt price $US60,000/t 96.5% Magnetite $US234.50/t Exchange rate of $US:$AUD of $0.67 The Rover 1 Preliminary Feasibility Study Team • Study Compilation Castile • Geology and Resource Estimation Castile and Cube
Slide 7: Key Operating and Financial Outcomes
KEY OPERATING AND FINANCIAL OUTCOMES Project Economics PFS Outcome $A EQUIVALENCIES Total Revenue $1,943.6M At the nominated commodity price Project Operating $827.7M assumptions used in the PFS: Costs Project Cash Flow $1,115.9M The average annual production in Gold equivalent is: NPV6.5% (Pre-tax)
Slide 8: Rover 1 Mineral Resource Estimate and Ore Reserve
ROVER 1 MINERAL RESOURCE ESTIMATE Tonnes Au Cu Co Fe3O4 Au Cu Co Fe3O4 Class (Mt) (g/t) (%) (%) (%) (oz) (t) (t) (t) Indicated 3.97 1.83 1.59 0.07 23.64 233,800 63,100 2,900 938,000 Inferred 1.61 1.57 1.25 0.07 22.13 81,400 20,100 1,100 357,000 Total 5.58 1.76 1.49 0.07 23.20 315,200 83,200 4,000 1,
Slide 9: Total Material Extracted & Processed in the PFS
TOTAL MATERIAL EXTRACTED & PROCESSED IN THE PFS 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 Mineral 1.20 1.75 1.17 0.07 20.78 67,800 14,000 800 250,000 Resource* Total 4.31 1.94 1.42
Slide 10: Capital Expenditure
CAPITAL EXPENDITURE Castile Resources - Supporting School Sport in the Barkly Region Project Development Capital Expenditure $A Mine Infrastructure $25.8M Process Plant $160.7M Surface Infrastructure $29.7M Sub-Total $216.2M Contingency $21.6M Total $237.8M PRE-FEASIBILTY STUDY Pre-Production $41.7M
Slide 11: Post-Tax NPV6.5% Sensitivity +/- 10% Analysis
POST-TAX NPV6.5% SENSITIVITY +/- 10% ANALYSIS PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au 11
Slide 12: Project Layout Mine Design
PROJECT LAYOUT MINE DESIGN Road to Tennant Creek Plant Site ROM Waste Dump WESTERN Box Cut ZONE Accommodation Village Rover 4 JUPITER Decline to Rover 1 JUPITER DEEPS Rover 1 PRE-FEASIBILTY STUDY PRESENTATION Tails Dam GANYMEDE FEBRUARY 2023 castile.com.au 12 12 12
Slide 13: Simplified Processing Flowsheet
SIMPLIFIED PROCESSING FLOWSHEET PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au 13
Slide 14: Proposed Processing Plant Layout
PROPOSED PROCESSING PLANT LAYOUT PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au 14
Slide 15: Traditional Owners and Central Land Council
TRADITIONAL OWNERS AND CENTRAL LAND COUNCIL Castile is committed The tenements containing the Rover 1 Project are located to maintaining on Aboriginal Freehold Lands administered by the Central strong Territory and Land Council (CLC) on behalf of the Traditional Owners of local government the Karlan
Slide 16: Federal Government Recognition for Castile
FEDERAL GOVERNMENT RECOGNITION FOR CASTILE • Castile has been selected to appear in the Australian Federal Government’s Australian Critical Minerals Prospectus Published in December 2022 (See ASX:CST 8 December 2022). The Australian Critical Minerals Prospectus is the Commonwealth Government’s flags
Slide 17: Reasonable Basis for Funding Assumption
REASONABLE BASIS FOR FUNDING ASSUMPTION Castile has not entered into formal discussions regarding the funding of the Rover 1 Project. However, Castile has undertaken informal, preliminary discussions with a number of different financial institutions that provide funding for resource projects through
Slide 18: Conclusions from the Rover 1 PFS Development Schedule
CONCLUSIONS FROM THE ROVER 1 PFS The PFS shows that the Rover 1 Project is commercially viable, and Castile will now progress the Rover 1 project into a Bankable Feasibility Study (BFS). The BFS will commence with further test work in December 2022 and aim for completion in late 2023. Work to be und
Slide 19: For more information
For more information https://www.castile.com.au/wp-content/uploads/2022/12/61126598.pdf www.castile.com.au info@castile.com.au PRE-FEASIBILTY STUDY PRESENTATION FEBRUARY 2023 castile.com.au Image Supplied By Epiroc 19 Image Supplied By Epiroc
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