Slide 1: Exploring in the land of giants
For personal use only ASX: CTM Exploring in the land of giants The world‐class Carajás Mineral Province • Drilling underway at high‐potential Ni‐Co Project • Outstanding IOCG discovery opportunities at Salobo West and Pebas • Strong leverage to discovery success underpinned by large, high quality as
Slide 2: Disclaimer
Disclaimer For personal use only 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 presentatio
Slide 3: Exceptional Leverage to World-Class Mineral Discoveries
Exceptional Leverage to World‐Class Mineral Discoveries For personal use only Diversified Brazilian resource company with projects in Tier‐1 Capital Structure addresses Shares on Issue 2,281m Fully‐funded for 2018 exploration programs Listed Options (EP $0.01, Exp 31/8/19) 623m Drilling underway at
Slide 4: Brazil – A Mining-Friendly Jurisdiction
Brazil – A Mining‐Friendly Jurisdiction For personal use only Latin America’s largest economy Rapidly growing population (currently ~208 million) Low interest rates (by historical standards), low inflation and rising economic growth Wide‐ranging economic reforms underway – labour laws, pension schem
Slide 5: The Carajás Mineral Province – The Land of the Giants
The Carajás Mineral Province – The Land of the Giants For personal use only The world‐class Carajás Mineral Province boasts 10 IOCG deposits with resources of +100Mt Cu‐ Au, including six of +300Mt, for +4.0Bt of Cu‐Au resources Includes Vale’s giant Salobo Mine*: ‒ Reserves of 1.2Bt @ 0.61% Cu, 0.3
Slide 6: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only 6
Slide 7: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only Located in the western region of the world‐class Carajás Mineral Province The project area is 50km NE of the town of Sao Felix de Xingu, accessible all year via unpaved roads 110km from Vale’s operating nickel mine – Onça‐Puma 370km from fro
Slide 8: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only The Itapitanga Ni‐Co Project is located at the southern extent of Anglo American’s world‐class Jacaré Nickel‐Cobalt Project Resources: 307Mt at 1.3% Ni and 0.13% Co, including a high‐grade cobalt resource of 185Mt at 1.2% Ni and 0.18% Co.* F
Slide 9: The Itapitanga Nickel-Cobalt Project
The Itapitanga Nickel‐Cobalt Project For personal use only The Itapitanga Ni‐Co target limits are well defined by lateritic outcrops, limonitic soils and regional magnetic and radiometric signatures More than 5.0km of strike in two main target areas: • Northern Target is 3.3km long and up to 500m wi
Slide 10: The Itapitanga Nickel-Cobalt Project – Northern Target
The Itapitanga Nickel‐Cobalt Project For personal use only Northern Target 3.3km long and 500m wide zone of high grade nickel‐cobalt mineralisation 80% of the holes started and finished in mineralisation Maximum hole depth achieved is only 12.0m, with most holes reaching drill refusal at 5‐8m. Best
Slide 11: The Itapitanga Nickel-Cobalt Project – Southern Target
The Itapitanga Nickel‐Cobalt Project For personal use only Southern Target 2.0km long and 400m wide zone of high grade nickel‐cobalt mineralisation Mineralisation is overlaid by 5‐10m of low‐grade cover, common in nickel‐cobalt laterite profiles and as seen in a number of zones of mineralisation at
Slide 12: For personal use only
Salobo West Copper‐Gold Project For personal use only 12
Slide 13: Carajás explored by Vale since the 1970s
Salobo West Copper‐Gold Project For personal use only The Carajás Mineral Province has been explored by Vale since the 1970’s – has controlled 90% of the province for past 50 years Most of the IOCG’s in the Carajás were discovered in the 1970s and 1980s using conventional mapping and soil geochemist
Slide 14: Vale IOCG Deposits vs Salobo West tenements
Salobo West Copper‐Gold Project For personal use only Vale IOCG Deposits in the Cinzento Shear Zone (NW) Salobo West tenements Vale tenure +1,100km2 ‐ No other company holds significant tenure CTM granted tenure circa 120km2 All deposits at surface and hosted by the Itacaiúnas Supergroup Covers 70km
Slide 15: Salobo West tenements SW1 and SW2
Salobo West Copper‐Gold Project For personal use only Project comprises two tenements – SW1 & SW2 SW1 tenement hosts at least three quality Cu‐Au Prospects ‐ SW1‐A, SW1‐B & Serendipidade High‐quality Government and historical exploration data providing enormous “head start” for exploration Environme
Slide 16: SW1-B: Multiple Targets within same Prospect
Salobo West Copper‐Gold Project For personal use only SW1‐B: Multiple Targets within same Prospect The Cruzamento Zone: Located at the intersection of the east‐west BIF (Itacaiúnas) and the north‐west trending BIF unit of the SW1‐A Prospect The Cu‐Au(‐Co) geochem signature is continuous across the z
Slide 17: SW1-B: Positive Historical Drill Hole
Salobo West Copper‐Gold Project For personal use only SW1‐B: Positive Historical Drill Hole Anglo American drilled only one hole into SW1‐B Prospect* DRI10‐FD0010 intersected 4m @ 0.8g/t Au (incl. 1m @2.0g/t Au) with 55% Fe from 116m‐120m, Preceded by an interval from 110m‐115m with copper values be
Slide 18: SW1-A Prospect
Salobo West Copper‐Gold Project For personal use only SW1‐A Prospect Distinct magnetic anomaly, coincident with +3.2km Cu‐Au‐Fe soil geochemical signature that is locally up to 800m wide Hosted in the same stratigraphic sequence and only 15km along strike from Vale’s giant Salobo Copper‐Gold Mine, a
Slide 19: Serendipidade Prospect
Salobo West Copper‐Gold Project For personal use only Serendipidade Prospect +2.5km long x 700m wide Cu‐Co‐Au‐Ag‐Mo soil anomaly that is coincident with a strong Electromagnetic (VTEM) response Six historical drill holes with near surface oxide intersections that include:* – 10m @ 0.09% cobalt and 0
Slide 20: Serendipidade Prospect
Salobo West Copper‐Gold Project For personal use only Serendipidade Prospect The thick package of graphite‐pyrite rich sediments dip shallowly (25‐350) towards the south‐southwest which is responsible for the broad strong VTEM anomaly Any high‐grade mineralisation is expected to be associated with f
Slide 21: SW2 Prospect
Salobo West Copper‐Gold Project For personal use only SW2 Prospect The SW2 Exploration Lease was recently granted in November 2017 just before the regional wet season The tenement area covers an extension of the Itacaiúnas Supergroup 12km WNW of the Salobo Mine This occurrence of the Itacaiúnas unit
Slide 22: Canga Prospect – High Grade Iron Ore at Salobo West
Salobo West Copper‐Gold Project For personal use only Canga Prospect – High Grade Iron Ore at Salobo West Multiple assays above 65% Fe returned from rock chip samples taken from the outcropping “canga” at Salobo West Canga in the Carajás is typically up to 20m thick and is the common geological mark
Slide 23: Canga Prospect – High Grade Iron Ore at Salobo West
Salobo West Copper‐Gold Project For personal use only Canga Prospect – High Grade Iron Ore at Salobo West 2D profile modelling shows comparable magnetic susceptibilities and geometries to the magnetic responses over Vale’s giant S11D iron ore deposit, located 90km away S11D is the largest iron ore m
Slide 24: Pebas Copper-Gold Project
Pebas Copper‐Gold Project For personal use only 24
Slide 25: Pebas Copper-Gold Project
Pebas Copper‐Gold Project For personal use only Explored in 2010/11 by TSX‐listed INV Metals Inc. (“INV”) 2km long, +500ppm copper‐in‐soils anomaly generated with +750m long +1000ppm high‐grade zone Historical drilling in 2010 returned intersections of up to 3.7% Cu within broad zones of mineralisat
Slide 26: Pebas Cu-Au Project
Pebas Cu‐Au Project For personal use only Fault‐related IOCG target that remains untested, INV drill spacing in 2010 was on 300m sections and didn’t test the fault Comparable soils anomaly (+1000ppm Cu) and hosted in a similar geological setting to the Antas Norte Cu‐Au Mine (Avanco) Just 25km away,
Slide 27: Jambreiro Iron Ore Project
Jambreiro Iron Ore Project For personal use only 27
Slide 28: Jambreiro Iron Ore Project
Jambreiro Iron Ore Project For personal use only 110km from Ipatinga steel‐making region JORC Resource of 350km 128Mt Initial Friable Ore 110km Reserve of 48.5Mt Over 19,000m of diamond and RC drilling to support JORC 140km Resource and Reserve 28
Slide 29: Jambreiro – A Development-Ready Project
Jambreiro Iron Ore Project For personal use only Jambreiro – A Development‐Ready Project Environmental and Mines Department approvals received for a 3Mtpa wet processing operation Mining Leases granted 10‐year land access agreement signed in 2012 with option to extend Positive Feasibility Study comp
Slide 30: Centaurus – Key Investment Takeaways
Centaurus – Key Investment Takeaways For personal use only Outstanding package of copper‐gold and nickel‐cobalt projects in the Tier‐1 location of the Carajás Mineral Province, northern Brazil 5,000m RC program underway at exciting new Itapitanga Ni‐Co Project World‐class IOCG discovery opportunitie
Slide 31: Contact Information
For personal use only ASX: CTM Contact Information T: +61 8 6424 8420 E: office@centaurus.com.au W: www.centaurus.com.au