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Macquarie Group Limited, Critical Minerals Forum, Jun 27, 2022 through Jun 28, 2022

2022-06-17 09:35:00

Macquarie Group Limited, Critical Minerals Forum, Jun 27, 2022 through Jun 28, 2022. Venue: Macquarie Perth Office, Perth, Australia.

Centaurus Metals Limited Presents at Critical Minerals Forum, Jun-27-2022

2022-06-17 09:35:00

Centaurus Metals Limited Presents at Critical Minerals Forum, Jun-27-2022 . Venue: Macquarie Perth Office, Perth, Australia.

Centaurus Metals Limited Presents at RRS 2022 Gold Coast Conference, Jun-08-2022 01:30 PM

2022-06-07 01:17:00

Centaurus Metals Limited Presents at RRS 2022 Gold Coast Conference, Jun-08-2022 01:30 PM. Speakers: Darren Peter Gordon, MD, CEO & Director.

Resources Rising Stars, RRS 2022 Gold Coast Conference, Jun 07, 2022 through Jun 08, 2022

2022-06-07 00:33:00

Resources Rising Stars, RRS 2022 Gold Coast Conference, Jun 07, 2022 through Jun 08, 2022.

Centaurus Metals Limited Announces Change to Constitution

2022-05-27 04:46:00

Centaurus Metals Limited announced CHANGE TO CONSTITUTION - USE OF TECHNOLOGY FOR MEETINGS & OTHER CHANGES at the AGM held on May 27, 2022.

Centaurus Metals Reports Outstanding New Results from Ongoing Resource Development Drilling At Its 100%-Owned Jaguar Nickel Sulphide Project

2022-05-15 23:25:00

Centaurus Metals reported outstanding new results from ongoing resource development drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil. The results are expected to further increase confidence in the Mineral Resource before delivery of the Definitive Feasibility Study (DFS) and initial Ore Reserve estimate due by the end of calendar 2022. The resource definition drilling program currently underway is expected to upgrade more of the Jaguar MRE into the Measured and Indicated categories in advance of Ore Reserve estimation as part of the DFS. The December 2021 Mineral Resource Estimate (MRE) comprised 80.6Mt @ 0.91% Ni for 730,700t of contained nickel, with an Indicated component of the Resource being 43.4Mt @ 0.92% Ni for 397,000t of contained nickel, representing 54% of the Global MRE. The total MRE at Jaguar has increased by 30% since the Scoping Study Resource Estimate was announced in March 2021 and more than 40% since the Company's maiden Resource was announced in June 2020. The focus of drilling during the first half of 2022 has shifted to resource development in-fill drilling at all of the Jaguar Deposits. In-fill drilling is designed to upgrade all resources within a constrained $22,000/t nickel price pit shell limit into the Measured and Indicated categories. The $22,000/t pit shell limit is considerably bigger than the shell used for the Scoping Study, which was generated using a $13,800/t nickel price. The Company is targeting more than 500,000t of contained nickel in the Measured and Indicated categories of the next MRE based on the extensive in-fill drill currently being undertaken and the MRE already in place. The MRE planned for the end of Third Quarter 2022 will underpin the Jaguar Project Definitive Feasibility Study (DFS) and initial Ore Reserve estimate. The current resource definition in-fill drilling is important as it will ensure that as much of the in-pit Resource as possible will be upgraded to the higher-confidence Indicated category, which in turn increases the potential production target and anticipated conversion of Resource to Ore Reserves. Additional in-fill drilling to upgrade Indicated Resources into Measured is also being undertaken inside a constrained $22,000/t nickel price pit shell, to cover the estimated project capital payback period. The in-fill drill results continue to demonstrate the continuity of the mineralisation both down-dip and along strike both within the current Scoping Study pit limits as well as within the larger $22,000/t pit shell. Jaguar Central In-fill drilling at Jaguar Central is currently focused on upgrading as much of the mineralisation into the Measured Resource category to support project capital payback period. The new shallow results, including 46.0m at 2.17% Ni from 128.0m in JAG-DD-22-274 and 49.3m at 1.20% Ni from 31.9m in JAG-DD-22-262, continue to demonstrate that the Jaguar Central high-grade shoot consistently returns over 1.0% nickel with intersections up to 70m wide, extending over a strike length of more than 500m and plunging shallowly to the east. With its favourable geometry, the flat-lying high-grade shoot that forms part of the Jaguar Central mineralisation lends itself extremely well to extraction via a low-strip ratio starter pit. An optimum scheduling scenario has the potential to deliver low-cost, high-grade mineralisation to the plant during the project payback period. The success of the Company's in-fill drilling strategy at Jaguar Central has further de-risked the Project by increasing confidence in the shallow open pit mineralisation that will underpin early capital payback in any future mining operation at Jaguar. Two diamond rigs remain focused on step-out drilling at the Jaguar South and Onça Preta Deposits. Step-out drilling is part of a push to extend the high-grade underground Resources at depth with the support of the new Down-Hole Electromagnetic probe, which has the capacity to survey down to a depth of 750m down-hole. Once resource definition drilling is completed so that mineralisation within the $22,000/t nickel price pit shell has been upgraded to at least the Indicated Resource category, the drill rigs will be moved onto resource growth (extensional and step-out) and greenfields discovery drilling. This is expected to happen towards the end of Third Quarter 2022.

Centaurus Metals Limited Proposes Amendments to the Constitution of the Company

2022-04-19 08:07:00

Centaurus Metals Limited proposed amendments to the Constitution of the Company. Under section 136(2) of the Corporations Act, a company can modify or repeal its constitution or a provision of its constitution by special resolution of shareholders. Accordingly, the Company seeks Shareholder approval to amend its Constitution by special resolution as set out below. A special resolution requires the approval of 75% of the votes cast by Shareholders present and eligible to vote (in person, by proxy, by attorney or, in the case of a corporate Shareholder, by a corporate representative) in order to be passed. The Company seeks Shareholder approval to amend its Constitution to ensure compliance with the regulatory landscape and to reflect contemporary business practice. Key changes are described in more detail below, with Appendix 1 of this Explanatory Statement setting out further detail of the proposed changes to the Constitution.

Centaurus Metals Limited, Annual General Meeting, May 27, 2022

2022-04-05 08:40:00

Centaurus Metals Limited, Annual General Meeting, May 27, 2022, at 10:00 W. Australia Standard Time. Agenda: To re-elect the directors.

Centaurus Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 75 million.

2022-02-01 00:00:00

Centaurus Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 75 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,655,172 Price\Range: AUD 1.16 Discount Per Security: AUD 0.0551 Transaction Features: Subsequent Direct Listing

Centaurus Metals Limited Announces Jaguar Drill Results Highlight Exceptional Growth Outlook

2022-01-26 22:27:00

Centaurus Metals advised that resource growth and development drilling at its 100%- owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil continues to deliver outstanding results which will underpin further resource growth ahead of the completion of the Definitive Feasibility Study (DFS) and maiden Ore Reserve estimate due for completion by the end of calendar 2022. As a result of the continued run of outstanding results and following the recent highly successful $75 million institutional placement, the Company has committed to a further increase in drilling capacity at Jaguar with a total of 14 rigs expected to be operating at the Project by the end of February. Jaguar South: The Jaguar South Deposit is currently the largest deposit at the Jaguar Project, hosting a MRE of 27.6Mt at 0.93% Ni for more than 257kt of contained nickel, including an Indicated component of 13.9Mt at 1.01% Ni for 140kt of contained nickel. The base of the December 2021 MRE continues to be constrained by the depth of drilling and ongoing step-out drilling continues to confirm that the mineralisation remains open at depth and along the +800m strike in both directions. The current base of the deposit has now been extended well below the base of the underground operations identified in the May 2021 Jaguar Project Scoping Study, which was already restricted by the base of the March 2021 MRE. Any new resource tonnes generated by step-out drilling are expected to contribute to the underground operations as part of the DFS. Ongoing step-out drilling continued below previously defined resource limits to test new DHEM conductors and down-dip extensions of the high-grade mineralisation within the main mineralised zones. New holes such as JAG-DD-21-223 intersected mineralisation more than 100m below the previous deepest drilling, returning 14.4m at 1.50% Ni from 502.6m, including 4.4m at 3.41% Ni. Drilling on Section 478390mE, one of the easternmost sections at Jaguar South, has intersected more semi-massive to massive nickel sulphides at depth in drill-hole JAG-22-21-233 1. For photos of the core and visual estimates from hole JAG-22-21-233, see Figure 11 and Table 3. This intersection is over 100m below the previous deepest drilling on that section. Step-out and extensional drilling at Jaguar South has consistently intersected the mineralised domains in line with the EM conductor plates, current geological model interpretations and the developing structural model. This consistency strongly supports the deeper drilling that is currently underway to identify additional Resource tonnes as well as upgrade existing underground Resources into the higher-confidence Resource categories required for future Ore Reserve Estimation and DFS work. Jaguar West: The December 2021 MRE update has expanded the Jaguar West Deposit to 7.3Mt at 0.74% Ni for more than 54kt of contained nickel. Recent drilling on the eastern sections of the Jaguar West deposit has intersected a near-surface high-grade zone. These high-grade intersections, which were not part of the December MRE, are expected to contribute to a grade increase in the Resource at Jaguar West. Drilling on section 476575mE, which was previously the easternmost section of the Jaguar West pit, intersected thick zones of near surface high-grade nickel sulphide mineralisation including 40.0m at 1.04% Ni from 74m, including 6.5m at 2.04% Ni from 90.0m in JAG-DD-21-221 and 37.3m at 1.11% Ni from 134.5m, including 6.0m at 2.44% Ni from 160.5m in JAG-DD-21-216. Importantly, this recent drilling at Jaguar West has been very successful in joining the Resource between the Jaguar West and Jaguar Central deposits which is expected to eventually result in the joining of the planned open pits and to also have a materially positive impact on strip ratios. These intersections are immediately below the current Scoping Study pit limit and are expected to push future open pit optimisations significantly deeper. The deposit remains open at depth and step-out drilling is planned to continue to grow the Resource.

Centaurus Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 75 million.

2022-01-21 00:00:00

Centaurus Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 75 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 64,655,172 Price\Range: AUD 1.16 Discount Per Security: AUD 0.0551 Transaction Features: Subsequent Direct Listing

Centaurus Metals Announces Further Substantial Increase in the Mineral Resource for Its Jaguar Nickel Project in North-Eastern Brazil

2021-12-12 22:46:00

Centaurus Metals announced a further substantial increase in the Mineral Resource for its 100%-owned Jaguar Nickel Project in north-eastern Brazil, confirming its status as the world's premier near-surface nickel sulphide development project with class-leading GHG emission credentials. The updated JORC 2012 Mineral Resource Estimate (MRE), comprising 80.6Mt at 0.91% Ni for 730,700 tonnes of contained nickel, reflects the success of Centaurus' intensive resource in-fill, extensional and step-out drilling programs completed during 2021 and further reinforces the Tier-1 potential of the Jaguar Project. The success of the in-fill resource development program has also resulted in an increase in the Indicated component of the Resource to 43.4Mt at 0.92% Ni for 397,000t of contained nickel, representing 54% of the Global MRE. It is expected that the Indicated component of the MRE, which will be available for conversion to Ore Reserves as part of the Definitive Feasibility Study (DFS) due for completion next year, will continue to grow as further in-fill drilling is undertaken over the next six months. The Indicated Resource commences from surface and is predominantly located within the open pit limits of the May 2021 Nickel Sulphate Scoping Study. More than 500,000 tonnes of the contained nickel of the Global MRE lies within 200m of surface, representing +70% of the total contained metal. The mineralization remains open down-dip at all deposits and locally along strike, with outstanding potential to continue strong resource growth driven by step-out and extensional drilling targeting DHEM conductor plates and greenfields drilling of the extensive regional exploration pipeline. The total MRE at Jaguar has increased by 30% since the Scoping Study Resource Estimate was announced in March 2021 and more than 40% since the company's maiden Resource was announced in June 2020. The new, larger resource will underpin mine optimization and production profile studies set to start in 2022 that will determine the optimal mine capacity for the development of the Project. Any expansion of the processing plant capacity and/or production profile is likely to have a material positive impact on the project economics and delivery of nickel-in-sulphate, which currently stands at 20,000ktpa for 13 years. The company's JORC 2012 MRE update has been completed by independent resource specialists Trepanier Pty Ltd. The December 2021 Global MRE uses a total of 398 diamond drill holes for a total of 104,509m, including 229 diamond drill holes for a total of 47,917m completed by Centaurus since November 2019. An additional 6,358m of RC drilling (46 holes) was used primarily to underpin the maiden Tigre Deposit Mineral Resource, part of the Jaguar Global MRE. Resource development drilling in 2021 was focused on both in-fill drilling required to continue the conversion of Inferred Resources to Indicated within the planned open pit and underground limits that were derived in the Jaguar Nickel Sulphate Scoping Study (JNP-SS), as well as step-out drilling below the pits and underground operations as identified in the study. Both drilling campaigns have been successful in growing the resources significantly. To better reflect the reasonable prospects of eventual economic extraction (MREEE), as described by the JORC Code (2012), the new Jaguar MRE has been reported within a pit shell using modifying factors determined in the Jaguar Value-Add Scoping Study and metal prices of USD 20,000/t Ni, USD 44,000/t Co and USD 2,900/t Zn. Within the pit, a 0.3% Ni cut-off grade has been maintained. A higher grade 0.7% Ni cut-off grade has been used for resources below the pit shell reflective of the cut-off grade that was determined for the underground operations developed in the Scoping Study. Detail of changes in contained nickel metal relative to the March 2021 MRE. The new Resource delivered an estimated 80.6Mt at 0.91% Ni for 730,700 tonnes of contained nickel and is a testament to the successful step-out and extensional drilling as well as the contribution from greenfields drilling. Importantly, within the Jaguar Global MRE there is a significant high-grade component of 22.4Mt grading 1.59% Ni for 354,800 tonnes of contained nickel metal, which has been estimated using a 1.0% nickel cut-off grade across the total Mineral Resource. The company is also reported assay results from 10 previously unreleased drill holes that have been included in the current MRE upgrade. Importantly, the first two holes from the Company's maiden drill campaign at the Jaguar Northeast Deposit were received in time to have an immediate impact on the Resource. These shallow holes are located at the eastern limit of the previous Resource and have extended the strike of the mineralization at Jaguar Northeast to the east, contributing to an increase in tonnes and grade at the Deposit. Highlights of new assay results from drilling at the Jaguar Northeast Deposit include the following down-hole intervals (see Table 4 for complete results): 23.0m at 0.46% Ni from 11.0m in JAG-DD-21-198; 8.0m at 0.49% Ni from 43.0m in JAG-DD-21-198; 8.8m at 1.48% Ni from 21.2m, including 2.8m at 2.29% Ni, from 21.2m in JAG-DD-21-207; 3.0m at 2.13% Ni from 36.0m in JAG-DD-21-207; 16.9m at 0.81% Ni from 52.1m in JAG-DD-21-207; 6.6m at 0.96% Ni from 74.9m in JAG-DD-21-207. Drilling is ongoing at the Deposit with new holes completed a further 150m along strike to the east. This drilling is not part of the current MRE. Strike extension and step-out drilling is being completed as well as in-fill drilling to bring the Jaguar Northeast Deposit into the Indicated category ahead of future resource updates. The deepest drill holes on the new sections have been cased and a DHEM program is being planned for Jaguar Northeast. The remaining eight new holes are from the Onça Preta, Jaguar West and Tigre Deposits. The results continue to demonstrate the continuity of mineralisation along strike and down-dip at these deposits. Highlights of new assay results include the following down-hole intervals (see Table 4 for complete results and Figure 5 (Onça Preta)): Onça Preta Deposit: 11.3m at 0.95% Ni from 259.4m in JAG-DD-21-200; 16.3m at 0.69% Ni from 196.0m in JAG-DD-21-201. Jaguar West Deposit: 18.4m at 0.44% Ni from 99.5m in JAG-DD-21-195; 3.7m at 1.02% Ni from 122.3m in JAG-DD-21-195; 8.6m at 0.53% Ni from 19.4m in JAG-DD-21-203; 11.5m at 1.08% Ni from 126.3m in JAG-DD-21-203. Tigre Deposit: 3.4m at 1.00% Ni from 146.0m in JAG-DD-21-202; 3.9m at 0.91% Ni from 166.1m in JAG-DD-21-205; 7.8m at 0.68% Ni from 145.0m in JAG-DD-21-206; 12.6m at 0.70% Ni from 178.0m in JAG-DD-21-211. Mineralization at all these deposits remains open down-dip and locally along strike into previously untested ground outside of the current resource block model. Additional DHEM programs are planned, and extensional and step-out drilling is ongoing at these deposits.

Centaurus Metals Limited Advises That Multiple Project Development Work Streams Are Gathering Momentum as Part of the Ongoing Nickel Sulphate Definitive Feasibility Study (DFS) for Its Jaguar Nickel Sulphide Project in Brazil

2021-12-07 21:18:00

Centaurus Metals Limited advised that multiple project development work streams are gathering momentum as part of the ongoing Nickel Sulphate Definitive Feasibility Study (DFS) for its Jaguar Nickel Sulphide Project in Brazil. Highlights: New Mineral Resource Estimate (MRE) on target to be delivered this month that will underpin an update of the open-pit and underground optimisations and a suite of production profile trade-off studies scheduled to commence in January 2022. Recent flotation testwork on a total of 21 Jaguar composites (representative of +95% of the known mineralisation at the Jaguar Project - see Table 1 for detail of composites) has confirmed the 95% nickel sulphide recovery established for the Nickel Sulphate Scoping Study delivered at the end of May 2021. Batch pressure oxidation testwork has been completed to define autoclave operating conditions for the Pressure Oxidation circuit as part of the planned nickel sulphate process flowsheet at Jaguar. Testing has demonstrated that nickel extractions used in the Scoping Study can be achieved at materially lower pressure (10bar v 30bar) and temperature (165OC v 220OC) conditions. These conditions are set to deliver significant capital and operating cost savings, coupled with a reduction in Green House Gas (GHG) emissions which are already class-leading at 4.69 tonnes of CO2/tonne of nickel equivalent. Batch Continuous and Continuous autoclave testing has been planned to commence in January 2022 for Batch testing confirmation and to produce sufficient material for solvent extraction and nickel sulphate crystallisation testwork. Three tonnes of PQ diamond core have been dispatched from Brazil to Australia for detailed comminution, ore sorting and hydrometallurgy testwork, with the work scheduled for completion in First Quarter 2022. Strong and consistent relationships between geological and metallurgical characteristics have been defined for the Project which will greatly improve confidence in process design and cash-flow forecasting once incorporated into the updated Mineral Resource model. The strong relationships have been defined for +95% of the known mineralisation at Jaguar. Power supply route from the Tucumã sub-station defined and discussions with land-owners underway. All 2021 road upgrade work under the Public Private Partnership with the São Felix do Xingu Municipality has been completed, delivering a significantly upgraded road for the benefit of the local community. Updated Jaguar Mining Lease Application (Plano de Aproveimento de Econômica or PAE) submitted to the National Mining Agency (ANM) on 4 November 2021. The activities - including ongoing metallurgical testwork, characterisation of the geo-metallurgical characteristics of the ore, infrastructure studies, an upgrade of the key access road and permitting activities - will put Jaguar in a strong position to move rapidly towards development next year. The conceptual design of the Tailings Storage Facility has been reviewed and adjusted to meet the current project requirements. The Integrated Waste Landform (IWL) tailings facility has been selected as it offers the level of safety which is suitable for the local climatic conditions. The design has been developed in conjunction with tailings expert, Mr. Chris Lane of Land & Marine Geological Services, and allowance has been made to store an additional 20% more tailings than what is currently expected from the Project to allow for future exploration success and production growth. The public road infrastructure between site and Tucumã is being upgraded by the Company. For the portion of the road in the São Felix do Xingu Municipality, the work undertaken by the Company is part of a Public Private partnership with the Municipality and this partnership has worked extremely well to deliver a significantly better road for the residents in the local community. The 2021 upgrade program on the road in the São Felix do Xingu municipality has now been completed while work on the road in the Tucumã municipality is ongoing. A total of 37km of road has been upgraded and 36 bridges/culverts repaired or installed from a planned 45km of road and 44 drainage works. The generation of power for the national power grid in north-eastern Brazil consists of hydro, solar, wind and thermal power generation facilities supplying the national network through a fully interconnected distribution system. The Tucumã substation, located 40km south of the Project, is serviced by a 138kV power line with a contract awarded for a new 230kV interconnection due in 2025. Electrical power will be provided to site from the national power grid sourced from the Tucumã 138kV sub-station via a new, dedicated line to the processing facilities. This new line will broadly follow the existing access road, however, will require separate right of use tenure.

Centaurus Metals Announces Strong Onca Preta Result and Tigre Discovery Confirmed

2021-11-09 21:27:00

Centaurus Metals announced that resource growth and greenfields exploration drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil continues to deliver outstanding results which are set to underpin a significant resource upgrade planned for December 2021. Onça Preta: The Onça Preta Deposit currently hosts a resource of 3.7Mt at 1.58% Ni for more than 58kt of contained nickel, part of the Mineral Resource Estimate (MRE) for the Jaguar Project that stands at 58.9Mt at 0.96% Ni for 562,600 tonnes of contained nickel. The nickel grade at Onça Preta is the high of all the deposits at the Jaguar Project at 1.58% Ni, with the deposit consistently returning thick intersections at over 2.0% Ni and remaining open at depth and along strike. The current base of the planned underground operations at Onça Preta is restricted by the base of the MRE, which in turn reflects the current base of drilling. JAG-DD-21-190, one of the deepest holes drilled to-date at the Onça Preta Deposit by the company, has intersected 40.8m at 1.22% Ni from 269m (including 14.8m at 2.22% Ni from 295m) and 10.0m at 2.09% Ni from 318m. Importantly, down-hole electromagnetic (DHEM) survey work at the Onca Preta Deposit continues to identify multiple strong late-time (Ch20+) conductor plates. These sub-vertical plates extend down to 200m below the deep drilling and have a combined strike extent of over 300m with very high conductivities of 2500-12000S. At the Jaguar Project, conductor plates with these conductivity levels consistently host semi-massive and massive sulphides. Recently more semi-massive and massive zones have been intersected extending the mineralisation both down-dip and further along strike to the east of section 476885mE. Zones up to 30m wide of stringer and semi-massive nickel sulphides have been intersected in drill holes JAG-DD-21-2011 and JAG-DD-21-208 on section 476940mE. This is also very encouraging as it demonstrates that the high-grade nickel mineralisation is open down-dip and along strike to the east and indicates that mineralisation is plunging north-northeast below historical drilling. Highlights of new assay results from drilling at the Onça Preta Deposit include the following down-hole intervals: Hole JAG-DD-21-190: 40.8m at 1.22% Ni, 0.64% Zn, 0.09% Cu and 0.04% Co from 269.0m, including 3.0m at 2.09% Ni, 0.08% Zn, 0.14% Cu and 0.07% Co from 281.0m; and 14.8m at 2.22% Ni, 1.33% Zn, 0.18% Cu and 0.06% Co from 295.0m. 10.0m at 2.09% Ni, 1.65% Zn, 0.13% Cu and 0.11% Co from 318.0m, including 6.0m at 2.90% Ni, 2.22% Zn, 0.17% Cu and 0.13% Co from 318.0m. Drilling on section 476790mE, 45m to the west of section 476835mE where historical hole JAGU-DH00014 was drilled, has also intersected high-grade nickel sulphides beneath the deepest drilling, with JAG-DD-21-200 and now JAG-DD-21-219 intersecting up to 20m of stringer to semi-massive sulphides. The JAG-DD-21-219 intersection is the deep drilled at Onca Preta to date, deeper than historical drill hole JAGU-DH00014, located 50m to the east, which returned 18.0m at 2.19% Ni from 318m and 7.9m at 2.18% Ni from 351m, demonstrating the continuity of mineralisation along strike. Drilling at Jaguar Central, Jaguar South, Jaguar West & Jaguar Central North Deposits: Step-out and extensional drilling to build the resource base as well as in-fill drilling is on-going at the Jaguar Central, Jaguar South, Jaguar West and Jaguar Central North Deposit. In-fill drilling has been designed to upgrade the resource classification within the Scoping Study pit limits into the Indicated category. Results continue to demonstrate the continuity of the mineralisation both down-dip and along strike within the current pit limits. Results from the Jaguar Central Deposit included two step-out holes that are the deepest holes on their respective sections and demonstrate that mineralisation continues down-dip and remains open. The DHEM survey loops are currently set up at Jaguar Central with new DHEM conductor plates being modelled that are expected to drive deep drilling at the Deposit. Highlights of new assay results from the step-out drilling at Jaguar Central include the following down-hole intervals: Hole JAG-DD-21-179: 6.2m at 0.77% Ni, 0.10% Zn, 0.05% Cu and 0.01% Co from 236.8m. 7.3m at 1.71% Ni, 0.04% Zn, 0.13% Cu and 0.05% Co from 249.2m, including 3.9m at 2.23% Ni, 0.05% Zn, 0.18% Cu and 0.06% Co from 249.2m. Hole JAG-DD-21-185: 5.0m at 0.41% Ni, 0.02% Zn, 0.01% Cu and 0.02% Co from 290.0m; 3.2m at 1.37% Ni, 3.00% Zn, 0.03% Cu and 0.06% Co from 326.0m; 17.9m at 1.02% Ni, 1.23% Zn, 0.11% Cu and 0.04% Co from 336.4m. Results from the Jaguar South Deposit come from section 478485mE. These results are from strike extensional drilling on a new section 50m east of the previous limits of drilling at Jaguar South. The deposit remains open down-dip and along strike to the east. Highlights of new assay results from drilling at the Jaguar South Deposit include the following down-hole intervals: Hole JAG-DD-21-182: 3.4m at 0.85% Ni, 0.05% Zn, 0.02% Cu and 0.03% Co from 263.5m; 5.1m at 1.35% Ni, 0.21% Zn, 0.36% Cu and 0.03% Co from 295.7m. Hole JAG-DD-21-187: 6.4m at 0.81% Ni, 0.02% Zn, 0.05% Cu and 0.03% Co from 150.6m, including 2.7m at 1.17% Ni, 0.02% Zn, 0.05% Cu and 0.05% Co from 152.5m; 2.5m at 0.60% Ni, 0.02% Zn, 0.05% Cu and 0.02% Co from 172.0m; 2.3m at 1.06% Ni, 0.01% Zn, 0.04% Cu and 0.02% Co from 194.7m. Highlights of new assay results from in-fill drilling at the Jaguar West Deposit include the following down-hole intervals: Hole JAG-DD-21-183: 14.0m at 0.54% Ni, 0.07% Zn, 0.02% Cu and 0.01% Co from 102.5m, including 3.0m at 1.04% Ni, 0.09% Zn, 0.04% Cu and 0.02% Co from 102.5m; 6.5m at 0.80% Ni, 0.09% Zn, 0.03% Cu and 0.02% Co from 134.5m. Hole JAG-DD-21-186: 2.0m at 0.67% Ni, 0.19% Zn, 0.04% Cu and 0.01% Co from 80.0m; 2.0m at 0.83% Ni, 0.45% Zn, 0.02% Cu and 0.02% Co from 112.0m; 16.6m at 1.23% Ni, 0.45% Zn, 0.06% Cu and 0.03% Co from 123.1m, including; 3.5m at 2.99% Ni, 0.09% Zn, 0.16% Cu and 0.08% Co from 131.6m. Highlights of new assay results from in-fill drilling at the Jaguar Central North Deposit include the following down-hole intervals: Hole JAG-DD-21-181: 2.8m at 2.31% Ni, 0.05% Zn, 0.23% Cu and 0.04% Co from 69.0m; 1.9m at 2.30% Ni, 0.11% Zn, 0.04% Cu and 0.04% Co from 91.2m; 2.2m at 1.60% Ni, 0.03% Zn, 0.07% Cu and 0.06% Co from 133.0m; 3.0m at 0.73% Ni, 0.08% Zn, 0.04% Cu and 0.02% Co from 147.2m; 2.0m at 0.84% Ni, 0.03% Zn, 0.06% Cu and 0.04% Co from 186.0m; 6.5m at 0.49% Ni, 0.05% Zn, 0.05% Cu and 0.02% Co from 200.5m. Hole JAG-DD-21-184: 8.0m at 0.67% Ni, 0.14% Zn, 0.04% Cu and 0.02% Co from 272.0m, including 3.0m at 1.17% Ni, 0.08% Zn, 0.08% Cu and 0.02% Co from 272.0m; 18.5m at 0.67% Ni, 0.40% Zn, 0.03% Cu and 0.02% Co from 290.0m, including 4.5m at 1.01% Ni, 0.39% Zn, 0.05% Cu and 0.03% Co from 299.0m.

Centaurus Metals Limited Takes Key Development Step At Jaguar with Lodgement of Updated Mining Lease Application

2021-11-04 22:27:00

Centaurus Metals Limited announced that it has taken another important step towards the development of its 100%-owned Jaguar Nickel Project in northern Brazil after lodging an updated Mining Lease Application revising the original MLA lodged by Vale in 2013. The MLA update, which has been lodged with the ANM accounts for the revision of the scale and scope of the mining and processing activities based on the Jaguar Nickel Sulphate Project outlined in the Scoping Study released in May this year. The primary document in the MLA process is the PAE which demonstrates both the commercial viability of the Jaguar Project as well as the Company's capacity to implement it. The application contemplates open pit and underground operations to supply 2.7 Mtpa of ore to a nickel sulphide flotation plant and hydrometallurgical circuit to produce approximately 20,000tpa of nickel in sulphate plus by-products.

Centaurus Metals Secures Possession of Further Key Piece of Land Covering its 100%-Owned Jaguar Nickel Sulphide Project

2021-10-21 23:23:00

Centaurus Metals announced it has secured possession of a further key piece of land covering its 100%-owned Jaguar Nickel Sulphide Project in northern Brazil following the completion of a new Possession Agreement. This latest agreement, which follows the first two properties secured in March and April this year, covers an area of approximately 533 hectares of pasture land and provides further security of land possession for the long-term benefit of the Jaguar Project. Importantly, the new agreement covers the land where the proposed Jaguar flotation and nickel sulphate production facility is to be located. Together with the land secured earlier in the year, the Company now has possession rights and access to over 2,000 hectares of land at Jaguar. Securing full possession rights to the key properties de-risks the Company's development pathway at Jaguar. The possession rights under this latest agreement have been secured for total consideration of BRL 10.4 million (~AUD 2.5 million), with the consideration to be paid in instalments over the next two years. An upfront consideration of BRL 5.0 million (~AUD 1.2 million) has now been paid. The land payments have been budgeted for as part of planned Feasibility Study activities. From an exploration perspective, eight diamond rigs are now operating on site continuing to drill both in-fill and step-out extensional holes at the Project that will underpin the next resource upgrade, planned and on schedule for December 2021. Presently, a single RC rig continues to drill the extensive suite of greenfields targets identified across the tenement area.

Centaurus Metals Limited Presents at "BOOM IN A ROOM" INVESTOR CONFERENCE, Oct-15-2021 03:00 PM

2021-10-11 23:55:00

Centaurus Metals Limited Presents at "BOOM IN A ROOM" INVESTOR CONFERENCE, Oct-15-2021 03:00 PM. Venue: RAC Arena, Perth, Western Australia, Australia. Speakers: Darren Peter Gordon, MD, CEO & Director.

Resources Rising Stars, "BOOM in A ROOM" INVESTOR CONFERENCE, Oct 14, 2021 through Oct 15, 2021

2021-10-11 21:20:00

Resources Rising Stars, "BOOM IN A ROOM" INVESTOR CONFERENCE, Oct 14, 2021 through Oct 15, 2021. Venue: RAC Arena, Perth, Western Australia, Australia.

Paydirt Media Pty Ltd, Australian Nickel Conference, Oct 05, 2021

2021-10-05 17:25:00

Paydirt Media Pty Ltd, Australian Nickel Conference, Oct 05, 2021. Venue: Pan Pacific Hotel, Perth, Australia.

Centaurus Metals Limited Presents at Australian Nickel Conference, Oct-05-2021 11:15 AM

2021-10-05 17:25:00

Centaurus Metals Limited Presents at Australian Nickel Conference, Oct-05-2021 11:15 AM. Venue: Pan Pacific Hotel, Perth, Australia. Speakers: Darren Peter Gordon, MD, CEO & Director.

Centaurus Metals Announces Resource Growth Drilling at its 100%-Owned Jaguar Nickel Sulphide Project

2021-09-23 23:31:00

Centaurus Metals to advise that resource growth drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil has delivered further thick high-grade semi-massive and massive nickel sulphide intercepts below the deepest drilling at the high-grade Onça Preta Deposit - demonstrating the strong potential for further Resource growth at the Jaguar Project. Recent drill hole JAG-21-DD-190, the deepest hole drilled to-date at Onça Preta by Centaurus, has intersected more than 30m of stringer to semi-massive and massive nickel sulphide mineralisation within a broader mineralised zone of almost 50m. The intersection is at a similar depth below surface to historical drill hole JAGU-DH00014, located 50m to the east, which returned 18.0m at 2.19% Ni from 318m and 7.9m at 2.18% Ni from 351m, demonstrating the continuity of mineralisation along strike. Further, Down-Hole Electromagnetic (DHEM) survey work at the Onca Preta Deposit has also identified multiple strong late-time (Ch20+) conductor plates. These sub-vertical plates extend down to 200m below the deepest drilling and have a combined strike extent of over 300m with very high conductivities of 2500-12000S. At the Jaguar Project, conductor plates with these conductivity levels consistently host semi-massive and massive sulphides. Drilling on section 476790mE, 45m to the west of section 476835mE where historical hole JAGU-DH00014 was drilled, has also intersected high-grade nickel sulphides beneath the deepest drilling, with JAG-DD-21-200 intersecting 15m of stringer to semi-massive sulphides. Additionally, the DHEM late-time conductor plate generated from the DHEM survey of JAG-DD-21-200 indicates that the semi-massive sulphide mineralisation extends a further 80m to the west and up to 200m below the deepest drilling. Drilling is already planned to test these along strike and down-dip extensions. The Onça Preta Deposit currently hosts a resource of 3.7Mt at 1.58% Ni for more than 58kt of contained nickel, part of the Mineral Resource Estimate (MRE) for the Jaguar Project that stands at 58.9Mt at 0.96% Ni for 562,600 tonnes of contained nickel. The nickel grade at Onça Preta is the higher of all the deposits at the Jaguar Project at 1.58% Ni, with the deposit consistently returning thick intersections at over 2.0% Ni and remains open at depth and along strike. The current base of the planned underground operations at Onça Preta is restricted by the base of the MRE, which in turn reflects the current base of drilling. The 2021 drilling of the Onca Preta Deposit is part of a push to extend the high-grade resource at depth with the support of the new Down-Hole Electromagnetic (DHEM) probe, which has the capacity to survey down to a depth of 750m down-hole. Three rigs were recently working at the Onca Preta Deposit.

Centaurus Metals Limited(ASX:CTM) added to S&P Global BMI Index

2021-09-20 00:00:00

Centaurus Metals Limited(ASX:CTM) added to S&P Global BMI Index

Centaurus Metals Announces Drilling Results Reinforce Jaguar Resource Growth Potential

2021-09-15 23:26:00

Centaurus Metals announced that ongoing growth and development drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil, particularly Jaguar South, is continuing to deliver consistent high-grade semi-massive and massive nickel sulphide intercepts outside the current Resource limits demonstrating the strong potential for further Resource growth. Recently completed drill-hole JAG-DD-21-171, on section 478300mE at Jaguar South, intersected 21.0m at 1.25% Ni from 367.0m down-hole, including 3.0m at 5.56% Ni from 369.0m. This intersection is one of the deepest drilled by Centaurus to-date and is located approximately 50m down-dip from the previous deepest hole on the section, JAG-DD-21-096, which intersected 12.3m at 1.17% Ni, including 3.5m at 1.82% Ni, amid other mineralized intersections in the hole. Furthermore, recent Down-Hole Electromagnetic (DHEM) survey work at the Jaguar South Deposit has produced multiple strong late-time (Ch20+) conductor plates. The sub-vertical plates extend to more than 270m below the deepest drilling and have strike extents of up to 260m with conductivities of 900-1200S. At Jaguar, conductor plates with these conductivity levels consistently host semi-massive and massive sulphides. The conductor plates, modelled by industry leader Southern Geoscience, are a combination of edge-hit and off-hole anomalies that are associated with some of the deepest known intersections of semi-massive and massive nickel sulphides at the Jaguar South Deposit. The deep drilling in this area has returned intersections of up to 26.1m at 3.55% Ni. The conductor plates indicate that the high-grade mineralization in these sections continues at depth. Deeper drilling is already planned to test the potential extensions as quickly as possible. Step-out drilling and DHEM surveys are also now underway at the Onça Preta Deposit, where the deepest drilling to date has returned intercepts of 18.0m at 2.19% Ni from 318.0m and 7.9m at 2.18% Ni from 351.3m.

Centaurus Metals Limited Announces Updates on New Greenfields Nickel Sulphide Discovery at Jaguar Nickel Sulphide Project

2021-09-09 23:52:00

Centaurus Metals announced that greenfields exploration drilling at its 100%-owned Jaguar Nickel Sulphide Project (JNP) in the Carajás Mineral Province of northern Brazil has delivered a significant new discovery at the Tigre Prospect with the potential to grow the Project's Resource base and potentially extend mine life. Centaurus' Managing Director, Mr. Darren Gordon, said the maiden RC drilling program had yielded early success at the Tigre prospect, with significant nickel sulphide zones intersected in multiple holes. The Tigre Prospect is interpreted to be the south-western extension of the McCandless Fault, one of the most important regional scale mineralising structures in the Carajás. Hosted at the contact between the felsic sub-volcanic (porphyritic dacite) and the Xingu Basement gneiss, the Tigre Prospect has at least 700m of prospective strike length represented by a strong discrete late-time GeoTEM anomaly coincident with a FLEM conductor plate, discrete ground magnetic anomalies and supported by a continuous Ni-Cr-As-Au geochemical signature. The maiden RC drill program focused on the FLEM conductor plate located in the north-western part of the Prospect area. The plate is 150m long, strikes north-east and dips 60 to the north-west, extending to 300m below surface. To-date the Company has completed 11 drill holes for 1,494m as part of the maiden drill program at Tigre. Drilling has returned multiple intersections of biotite-magnetite alteration with significant percentages of sulphide mineralisation up to 10m thick. Sulphides have been identified in all Tigre drill holes completed to-date. On-site scans of the RC chips with a hand-held XRF (Olympus Vanta) have confirmed high nickel grades in the main sulphide mineralisation intersections at Tigre. The sulphide intersections from the initial drilling correlate very well with the FLEM plate. Two RC holes were recently completed at the western limit of the Tigre Prospect area on section 472140mE. Importantly, these holes also intersected up to 9m of nickel sulphide mineralisation associated with magnetite. The FLEM survey did not extend to this section and, as such, no associated conductor plates were previously identified. A diamond rig was quickly mobilised to the Tigre Prospect and the first hole has intersected a 5.8m zone of stringer and net-textured nickel sulphides. The mineralisation is associated with biotite-magnetite hydrothermal alteration within the mylonitised orphyryitic dacite at the contact with the basement gneiss. Figure 3 and Table 1 below shows the visual results and sulphide estimation from JAG-DD-21-202, the first diamond drill hole at the Tigre Prospect. Sulphide estimation for the RC drilling. Additional RC drilling is planned along this 800m of strike towards the Dente de Sabre Prospect. The Dente de Sabre Prospect itself is a high-priority target associated with multiple moderate ground magnetic anomalies and a discret late-time GeoTEM anomaly. Soils sampling has identified nickel and Ni/Cr anomalies coincident with the late-time conductor. Drilling of the Dente de Sabre Prospect is set to start by the end of the month. The Tigre Prospect is only 4km from the proposed ROM pad location for the Jaguar Nickel Project. As the mineralisation is present from near-surface, the Tigre Prospect could present a good opportunity for a new satellite open pit with the potential to contribute to the extension of the Jaguar Nickel Project mine life. Selected holes at the Tigre Prospect are being cased and down-hole electromagnetic (DHEM) surveys will be carried out once the DHEM probe becomes available. The probe is currently at the Onça Preta Deposit focused on deep step-out drilling targets. The Leão Prospect: The Leão Prospect is interpreted to be the west-northwestern extension of the Jaguar West deposit. Both are located along the Canaã fault, a regional-scale structure understood to be one of the primary mineralisation conduit structures in the Carajás Mineral Province. Hosted primarily in the Xingu basement gneiss, the Leão Prospect has over 2.5km of prospective strike length presenting multiple targets with airborne GeoTEM and ground magnetic anomalies coincident with Ni-Cu-Cr-V-Au soil anomalies. A first-pass greenfields program at the Leão Prospect has been successfully completed, including 20 RC drill holes for 3,057m. Drilling has identified a new mineralised zone with a strike length of at least 200m in the eastern portion of the Prospect with intersections of up to 6.0m at 0.81% Ni from 105m, including 1.0m at 1.59% Ni. The new discovery is only 300m from the western limit of the Jaguar West Deposit pit limits and 1.5km from the proposed ROM pad location. The first-pass results are very encouraging for the Leão Prospect with confirmation of several exploration target while other targets remain unexplained. Follow-up drilling will be planned at Leão once the RC rig finishes the firstound of greenfields exploration drilling at the other high-priority prospects. Selected drill holes at the Leão Prospect have been cased and a down-hole electromagnetic (DHEM) survey will be carried out ahead of the next round of drilling. The Jaguar Project sits at the intersection of two of the most important mineralising structures in the Carajás Mineral Province, the Canãa and McCandless Faults. At Jaguar, the close association of semi-massive and massive sulphides with magnetite means that, when targeting new mineralisation, coincident geochemical, electromagnetic and magnetic anomalies are the highest priority targets. This is evidenced in the Ground Magnetics and Airborne Electromagnetic (GeoTEM) surveys. To date, almost 100,000m of drilling has been completed at Jaguar with only around 5% of these metres outside the known deposit limits (black outline in the figures below). There are multiple prospects and targets that are yet to be drill-tested which are located along the main mineralisation structures and characterised by ground magnetic and airborne and/or ground electromagnetic (EM) anomalies coincident with significant soil geochemical anomalies.

Centaurus Metals Limited Announces Update on Jaguar Nickel Sulphide Project

2021-08-24 23:33:00

Centaurus Metals Limited announced that ongoing Resource development and growth drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil continues to deliver consistent high-grade semi-massive and massive nickel sulphide intercepts outside the current resource limits. Jaguar South is currently the biggest deposit at the Jaguar Project, hosting a Mineral Resource of 18.7Mt at 0.97% Ni for more than 180kt of contained nickel, including an Indicated component of 7.4Mt at 1.19% Ni for 87kt of contained nickel. Recent drilling at Jaguar South has now extended the strike length of the deposit to more than 750m and comprises continuous sub-vertical veins and semi-massive to massive breccia zones that can be up to 20m wide and extend from surface to a depth of more than 300m. Step-out drilling continues to confirm that the mineralisation remains open at depth and along strike in both directions. Drill-hole JAG-DD-21-164, completed on section 478210mE at Jaguar South, intersected 16.0m at 1.32% Ni from 363.4m down-hole, including 6.8m at 2.29% Ni. This intersection is one of the deepest drilled by Centaurus to-date and is approximately 50m down-dip from the previously deepest hole on section, JAG-DD-21-112, which intersected 10.5m at 1.75% Ni, including 6.0m at 2.00% Ni, amid other mineralised intersections in the hole. Importantly, new DHEM conductor plates generated from the recent survey of JAG-DD-21-164 and surrounding drill holes indicates that the mineralisation continues at depth. The principal plate is highly conductive in late- time (Channel 25), is 150m deep and has a strike of 200m (highlighted below in dark blue). Further step-out drilling of the new conductor plate is already part of this month's drill plan. A further 90m to the east of drill hole JAG-DD-21-164, on section 478300mE, recently completed drill hole JAG-DD- 21-171 intersected more semi-massive sulphides 50m below the previously deepest drill hole. Again, the new DHEM conductor plate demonstrates that this mineralisation continues at depth and drilling is planned to test the extension as quickly as possible. These results at Jaguar South are primarily from step-out drilling that continues to extend the mineralisation down- dip beyond the limits of the March 2021 JORC Mineral Resource Estimate (MRE). The current base of the underground operations identified in the Jaguar Project Scoping Study is largely restricted by the base of the MRE, which in turn are a consequence of the current base of drilling. Any new resource tonnes generated by the step- out drilling are expected to contribute to the underground operations as part of the ongoing Feasibility Study. Highlights of new assay results from drilling at the Jaguar South Deposit include the following down-hole intervals: Hole JAG-DD-21-164; 6.0m at 0.63% Ni, 0.01% Zn, 0.02% Cu and 0.02% Co from 174.5m; 3.0m at 1.01% Ni, 0.05% Zn, 0.02% Cu and 0.02% Co from 254.4m; 16.0m at 1.32% Ni, 0.20% Zn, 0.03% Cu and 0.02% Co from 363.4m, including; 6.8m at 2.29% Ni, 0.40% Zn, 0.05% Cu and 0.03% Co from 366.4m; Hole JAG-DD-21-155; 5.0m at 2.56% Ni, 1.59% Zn, 0.06% Cu and 0.04% Co from 26.5m; 9.7m at 1.21% Ni, 0.08% Zn, 0.09% Cu and 0.01% Co from 52.9m, including; 3.0m at 2.18% Ni, 0.07% Zn, 0.15% Cu and 0.02% Co from 58.0m; 3.5m at 0.58% Ni, 0.04% Zn, 0.03% Cu and 0.01% Co from 64.5m; Hole JAG-DD-21-157; 13.5m at 0.72% Ni, 0.38% Zn, 0.03% Cu and 0.01% Co from 245.0m, including; 2.8m at 1.70% Ni, 1.43% Zn, 0.07% Cu and 0.03% Co from 255.7m; 4.0m at 1.80% Ni, 0.01% Zn, 0.07% Cu and 0.04% Co from 315.0m, including; 2.0m at 2.90% Ni, 0.01% Zn, 0.12% Cu and 0.06% Co from 315.0m; 5.1m at 1.23% Ni, 0.03% Zn, 0.06% Cu and 0.03% Co from 325.0m and 2.6m at 0.93% Ni, 0.02% Zn, 0.02% Cu and 0.03% Co from 371.0m. Importantly, recent extensional drilling has demonstrated the potential to grow the resource laterally along strike. Drill hole JAG-DD-21-182, located on section 478485mE 50m beyond the previously easternmost section, intersected around 10m of stringer to semi-massive sulphide mineralisation within a broader 20m mineralised zone. This intersection is outside current resource limits and is expected to expand the Jaguar South Resource when the new MRE is delivered at the end of the year. Step-out and extensional drilling at Jaguar South has consistently intersected the mineralised domains in line with the EM conductor plates, current geological model interpretations and the developing structural model. This bodes well for deeper drilling that is planned both to identify additional Resource tonnes as well as upgrade existing underground Resources into the higher-confidence Resource categories required for future Ore Reserve Estimation and DFS work.

Centaurus Metals Limited Provides Update on the Development of its Jaguar Nickel Sulphide Project in the Carajás Mineral Province of Northern Brazil

2021-08-12 23:14:00

Centaurus Metals Limited announced that it has taken another important step towards development of its Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil after lodging the key environmental approval documentation, the Environmental Impact Assessment ("EIA/RIMA"), with the State environmental authority SEMAS in the State of Pará. The Company is targeting approval of the EIA/RIMA and grant of a Preliminary Licence ("LP") for the Project during the third quarter of 2022, in line with its overall development timetable for the Jaguar Project. The application has been made in line with the key operating parameters set out in the recent Jaguar Value-Add Scoping Study released to the market on 31 May 2021. Importantly, the application is based on producing a nickel sulphate product on site and therefore addresses the scale and operating conditions required for such an operation. Upon delivery of the LP, the Company will apply for an Installation Licence ("LI") which, once granted, will allow construction of the plant and equipment to commence on site. From the grant of the LP, the Company would target the grant of the LI by the end of the second quarter of 2023 to be in a position to commence construction of the plant in the second half of 2023. Once construction is completed in accordance with the LI, the Company anticipates a fairly rapid grant of the final licence-to-operate instrument, being an Operating Licence. Centaurus has collected a large amount of data over the last 12-18 months, including data from both the wet and dry seasons, in order to complete an extensive EIA. During the course of this data collection, the Company has not identified any issues which would be an impediment to the grant of the LP or to the development of the Project. Importantly, significant effort has been made in working with and informing the local communities and key project stakeholders regarding the scope of the Jaguar Project and the potential benefits it will bring to the communities in the region. SEMAS places a heavy emphasis on the social and economic benefits of any new Project during the environmental approval process. The Jaguar Project is located in an area of already cleared farm land. Over the course of the last six months the Company has acquired possession of two properties (1,550 hectares) that overlay the Jaguar Project. A third agreement is presently being negotiated. The existing agreements will assist the approval process as the majority of the farmland potentially impacted by the Project is now controlled by Centaurus.

Centaurus Metals Limited Announces Jaguar Set to Be Class Leading in Terms of Carbon Footprint

2021-08-01 22:22:00

Centaurus Metals Ltd. advise that its 100%-owned Jaguar Nickel Sulphide Project in Brazil has been independently assessed as having the potential to be one of the world's foremost nickel projects in terms of its carbon footprint, putting it in an excellent position to attract investment from leading ESG-focused investors and institutions.

Centaurus Metals Limited Announces Executive Appointments

2021-07-21 23:38:00

Centaurus Metals announced two new appointments to its senior leadership team as it continues to build its in-house technical, commercial, legal and operational expertise to progress the 100%-owned Jaguar Nickel Sulphide Project in northern Brazil towards financing, development and operations. Highly-experienced international mining executive Mr. Wayne Foote has been appointed as General Manager -Operations, commencing with the Company this week, while the Company's external legal counsel, Ms. Júlia Oliveira, has joined Centaurus' in-house team in Brazil as Legal and Commercial Manager. Mr. Foote has extensive operational experience in a number of senior executive roles both in Australia and overseas, including more than 2 years living in Brazil, and brings a strong skill-set in building and leading effective, disciplined teams. He will commence with the Company in Perth leading the team undertaking the current Definitive Feasibility Study (DFS) on the Jaguar Project, but intends to eventually return to Brazil as the Project moves into construction and operations. A Mining Engineer with a WA First Class Mine Manager's Certificate, Mr. Foote was until recently General Manager Major Projects with Wiluna Mining Corporation, where he helped map out the development plan for the redevelopment and expansion of the Wiluna Gold Mine in WA. Ms. Oliveira has been working with Centaurus as external counsel for several years and provided extensive legal advice and commercial support to the Company during the negotiations for acquisition of the Jaguar Project. She is an accomplished commercial lawyer with extensive experience in contractual, commercial and natural resources law having worked for over a decade with several global resource companies with operations in Brazil. Prior to joining Centaurus, she worked at Veirano Advogados (2008-2017) and Fux Advogados (2017-2021), where, amongst other responsibilities, she was involved in the structuring, negotiation and formation of joint venture agreements, the negotiation of service agreements and the preparation of sale & purchase agreements, with the main focus on exploration, development and mining projects, acquisition of assets and financing of infrastructure projects.

Centaurus Metals Announces That Ongoing Resource Development and Extensional Drilling At Its 100%-Owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of Northern Brazil

2021-07-04 23:39:00

Centaurus Metals advised that ongoing Resource development and extensional drilling at its 100%-owned Jaguar Nickel Sulphide Project in the Carajás Mineral Province of northern Brazil has delivered the best drill intersection from the project to date. Drill hole JAG-DD-21-151 intersected 56.1m at 2.05% Ni from 206.0m, including 17.6m at 4.86% Ni from 208m, immediately below the current planned open pit limits. In March 2021, the Company delivered an updated JORC 2012 Indicated and Inferred Mineral Resource Estimate (MRE) 1 for the Jaguar Project totalling 58.9Mt at 0.96% Ni for 562,600 tonnes of contained nickel. Jaguar South is currently the biggest deposit at the Jaguar Project, hosting a Mineral Resource of 18.7Mt at 0.97% Ni for more than 180kt of contained nickel, including an Indicated component of 7.4Mt at 1.19% Ni for 87kt of contained nickel. Hosted in a mylonitised sub-volcanic porphyritic dacite, Jaguar South extends over a strike length of more than 650m and comprises continuous sub-vertical veins and semi-massive to massive breccia zones that can be up to 20m wide and extend from surface to more than 300m depth. The mineralisation remains open at depth and along strike in both directions. Drill-hole JAG-DD-21-151, completed on section 478040mE at Jaguar South as part of the resource development in-fill program, has now returned the best interval from the project to date, intersecting 56.1m at 2.05% Ni including 17.6m at 4.86% Ni. This intersection is located immediately below the current pit limits and the grade and thickness has outstanding potential to push the current open pit design even deeper. Additional in-fill drilling on section 477885mE, located 155m to the west, has intersected more shallow, high-grade mineralisation including 7.2m at 2.36% Ni from 133.5m and 12.6m at 1.25% Ni from 173.4m in hole JAG-DD-21-143, demonstrating the consistent nature of the mineralisation at Jaguar South. The recent outcomes from the Value-Add Scoping Study for the Jaguar Project have also demonstrated that the mineralisation below the current pit limits is technically and economically feasible for underground operations. In light of this, the Company has been actively advancing its step-out drill program at key deposits such as Jaguar South in parallel with resource development drilling. Drill-hole JAG-DD-21-164, has delivered a further impressive visual result, demonstrating that the strong mineralisation continues both along strike and at depth. JAG-DD-21-164 is the deepest drill hole Centaurus has completed to date (544m) and has intersected 12.7m of semi-massive and massive sulphides within a broader +40m zone located more than 60m below the Company's previous deepest hole on that section, JAG-DD-20-112, which intersected 10.5m at 1.75% Ni from 346.5m, including 6.0m at 2.16% Ni from 347.3m down-hole. Step-out drilling at Jaguar South has consistently intersected the mineralised domains in line with the EM conductor plates, current geological model interpretations and the developing structural model. This bodes well for deeper drilling that is planned both to identify additional Resource tonnes as well as upgrade existing underground Resources into the higher-confidence Resource categories required for future Ore Reserve Estimation and DFS work. The Jaguar Central Deposit is the second biggest deposit at the Jaguar Project, with a current Resource of 10.2Mt at 1.00% Ni for more than 100kt of contained nickel, including an Indicated component of 8.4Mt at 0.99% Ni for 83kt of contained nickel. Consistent positive results from recent step-out drilling indicate strong potential to grow this Resource. The Central Deposit is hosted in a sub-volcanic porphyritic dacite and features a high-grade ore shoot that starts at surface at the western end of the deposit and plunges sub-horizontally to the east across 10 drill sections and now has more than 550m of continuous strike after the recent successful strike extension drilling. Nickel grades previously reported within the high-grade shoot are consistently over 1.0% nickel 2 with outstanding continuous down-hole intersections such as 30.8m at 3.30% Ni, 33.7m at 2.23% Ni, 31.4m at 2.47% Ni and recent hole JAG-DD-21-142 on section 477180mE, which intersected 64.9m at 1.07% Ni from 216.5m, just 30m below the current pit limits. Importantly, recent hole JAG-DD-21-148, located on section 477290mE, intersected multiple mineralised zones including 10.0m at 0.99% Ni from 267.0m. This section is a resource extension section, 60m east of the previously easternmost section of the Jaguar Central Deposit, adding 60m of along-strike extension to the Jaguar Central Deposit. It is interpreted that JAG-DD-21-148 intersected the top portion of the high-grade shoot and, importantly, recently completed drill hole, JAG-DD-21-152, has intersected the shoot again a further 40m down-dip from JAG-DD-21-148, demonstrating the continuity of the shoot. Additional down-dip drilling is planned as well as further drilling down-plunge and along strike to the east, where the shoot remains open. Currently the Jaguar West and Jaguar Central North Deposits host Inferred Resources only, as historical drilling was broadly spaced and often shallow. The Company's first drilling campaign at both deposits has been very successful in confirming the current geological model, as well as identifying additional higher-grade zones within the broader mineralised envelope. New structural and geophysical targets have been identified at both deposits along strike and down-dip, where the deposits remain open. A rig remains dedicated to each of the Jaguar West and Jaguar Central North Deposits. Most of the in-fill drilling for the open pits is now complete and step-out drilling has commenced to expand the Resources. The results from the Jaguar West and Jaguar Central North Deposit holes outlined above will form part of the next planned JORC MRE upgrade, which is expected to be delivered in Fourth Quarter 2021.

Centaurus Metals Limited Presents at Diggers and Dealers Mining Forum, Aug-04-2021 10:35 AM

2021-06-30 19:09:00

Centaurus Metals Limited Presents at Diggers and Dealers Mining Forum, Aug-04-2021 10:35 AM. Venue: Goldfields Arts Centre, Cheetham Street, Kalgoolie, Western Australia, Australia. Speakers: Darren Peter Gordon, MD, CEO & Director.