Celsius Resources Ltd. · ASX:CLA
Celsius Resources — Shareholder Meeting (November 2018)
23 slides from Celsius Resources's shareholder meeting presentation, Nov 13, 2018
Slide 1: Building an Extensive Cobalt Resource in Namibia
For personal use only Building an Extensive Cobalt Resource in Namibia AGM Presentation November 13, 2018 ASX:CLA
Slide 2: Disclaimer
ASX:CLA Disclaimer 2 This presentation has been prepared by Celsius Resources Limited (“Celsius” or “CLA”). The information contained in this presentation is a For personal use only professional opinion only and is given in good faith. The information contained herein is confidential and proprietary
Slide 3: Investment Highlights
ASX:CLA Investment Highlights 3 Strategic Asset For personal use only BROAD MINERALISATION CONFIRMED OVER 15KM+ LARGE-SCALE RESOURCE SIMPLE, UNCOMPLICATED WITH SIGNIFICANT MINERALOGY FURTHER POTENTIAL Potential for high production rate and economies of scale. Additional STRIKE 95% of current resourc
Slide 4: Corporate Overview
ASX:CLA Corporate Overview 4 Capital Structure For personal use only 722.5M 34.8M 49.5M 52.4M $10.7M CTA $0.065 (fully diluted) Shares (CLA) Listed options: Unlisted options Market cap (AUD) Cash (September 30) CLAO-AUD 0.01 strike Major Shareholders ASX:CLA 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% Citic
Slide 5: Directors and Management
ASX:CLA Directors and Management 5 • A geologist with over 20 years’ experience gained working in management, operational and project development For personal use only roles in the Exploration and Mining industries Brendan Borg • Experience includes Rio Tinto Iron Ore, Magnis Resources Limited, Iron
Slide 6: Cobalt – A commodity in demand
ASX:CLA Cobalt – A commodity in demand 6 For personal use only LME Cobalt Price Why Cobalt? USD $50,500 • Substantial price appreciation over the 6 Nov ‘18 past two years • Exposure to booming electric vehicle and battery storage markets COBALT PRICE (X1,000 USD) • Chinese EV manufacturers shifting
Slide 7: Cobalt – Best Exposure to Battery Boom?
ASX:CLA Cobalt – Best Exposure to Battery Boom? 7 In a 100% EV world … For personal use only demand for commodities would change by …* incremental annual commodity demand would deplete reserves by … *in % of global market today Source: UBS
Slide 8: Cobalt – Market Outlook
ASX:CLA Cobalt – Market Outlook 8 Cobalt-containing cathode will dominate EV and Storage applications within 10 years For personal use only • Benchmark Mineral Intelligence forecasts that the use of cobalt in batteries will more than triple between 2017 and 2026 – despite the shift to lower cobalt b
Slide 9: Namibia: A Premier Mining Destination
ASX:CLA Namibia: A Premier 9 Mining Destination For personal use only A politically stable jurisdiction: • Established regulatory structure • Strong public and governmental support for mining • Favourable tax considerations for producing downstream products in Namibia Exceptional infrastructure: • R
Slide 10: Opuwo Project Overview
ASX:CLA Opuwo Project Overview 10 100km+ of Co-Cu prospective horizon For personal use only 95% owned and 5% loan-carried share with local Namibian group 5.13% owned by Gecko Namibia (significant shareholder) 1,470 km2 total project area ~10km strike of existing resource zone 66kV & existing power l
Slide 11: Mineralisation
ASX:CLA Mineralisation 11 Mineralisation is low in deleterious elements For personal use only • JORC Compliant Mineral Resource estimate: 112.4 Mt at 0.11% Co, 0.41% Cu and 0.43% Zn – cutoff grade of 0.06% (or 600 ppm) Co • Mineral Resource estimate represents contained cobalt of 126,100 tonnes and
Slide 12: Maiden JORC Mineral Resource Tables
ASX:CLA Maiden JORC Mineral Resource Tables 12 Reported in April, 2018 For personal use only COBALT CUT- TONNAGE COBALT COPPER ZINC CONTAINED JORC Compliant CATEGORY ORE TYPE OFF (PPM) (MT) (%) (%) (%) COBALT (T) Indicated and Inferred Oxide 600 3.8 0.10 0.39 0.36 3,900 Mineral Resource Indicated Tr
Slide 13: Peer Comparison
ASX:CLA Peer Comparison 13 Opuwo compares favourably to other sulphide and laterite projects For personal use only COBALT METAL CONTENT (‘000 TONNES) COBALT GRADE (%) Laterite Note: Excludes Kalongwe (NZC) 42,700 tonnes cobalt metal content at 0.62% cobalt grade. Bubble size represents contained cob
Slide 14: Cross Sections
ASX:CLA Cross Sections 14 Cross Sectional View – Section 365,350mE Cross Sectional View – Section 366,350mE For personal use only
Slide 15: Exploration Target – West Zone
ASX:CLA Exploration Target – West Zone 15 For personal use only between 34 and 51 million tonnes, grading approximately 0.08% - 0.18% Co, 0.26% - 0.62% Cu, and 0.35% - 0.82% Zn *It is noted that the potential quantity and grade is conceptual in nature, and that there has been insufficient exploratio
Slide 16: Positive Scoping Study
ASX:CLA Positive Scoping Study 16 • Confirms potential for a large scale and long-life For personal use only operation. • Preliminary mine planning completed, examining various open pit and underground mining scenarios. • Sulphide concentrate produced from standard flotation methods. • Flowsheets an
Slide 17: Positive Scoping Study – Next Steps
ASX:CLA Positive Scoping Study 17 Next Steps: • Initial PFS study work to focus on components which are For personal use only expected to allow an updated Scoping Study to be released in approximately March, 2019. • Updated Mineral Resource expected in December, 2018. • Validation of assumptions mad
Slide 18: Scoping Study Team
ASX:CLA Scoping Study Team 18 Project Director: Pine van Wyk For personal use only Metallurgy Metallurgy, CAPEX/OPEX Estimates Mining Studies PFS Team to be appointed Resource Modelling Environmental, water Including external and Estimation and social studies group as overall manager
Slide 19: Large-Scale Cobalt-Copper Targets
ASX:CLA Large-Scale Cobalt-Copper Targets 19 For personal use only • Aim of broader exploration in licence package is to find the potential source sulphide zone feeding the system within the project area • Maiden JORC Mineral Resource defined over 10 km strike • Exploration Target covers a further ~
Slide 20: SkyTEM Survey Completed
ASX:CLA SkyTEM Survey Completed 20 For personal use only • Covering all known prospects at Opuwo, including DOF resource EPL4351 area, DOF North targets, and potential source zones for the extensive sulphide EPL4550 mineralisation • 200-metre line spacing • 6,090-line km total • Flying complete – fi
Slide 21: Timeline and Upcoming Catalysts
ASX:CLA Timeline and Upcoming Catalysts 21 For personal use only NOVEMBER 2018 DECEMBER 2018 – MARCH 2019 Q2-Q3 2019 Continue PFS studies Scoping Study PFS studies Complete Pre- and exploration Reported commence Feasibility Study Updated Mineral Updated Scoping Strategic agreements Resource Study
Slide 22: Competent Persons Statement
ASX:CLA Competent Persons 22 Statement For personal use only Information in this report relating to Exploration Results is based on information reviewed by Mr. Brendan Borg, who is a Member of the Australasian Institute of Mining and Metallurgy and Managing Director of Celsius Resources. Mr. Borg ha
Slide 23: For personal use only
ASX:CLA For personal use only celsiusresources.com.au info@celsiusresources.com.au +61 8 6188 8181
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