Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). ALS Laboratories insert their own standards at set frequencies and monitor the precision of the, analysis. Nickel is an extremely valuable and very strategic metal, and yet supply globally is constrained in part because of the scarcity of major new projects coming on stream, particularly nickel sulphide projects. Core was cut and core sampled and sent to commercial laboratories for physical preparation and. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Centaurus represents a rare opportunity to invest in a rapidly unfolding high-grade nickel sulphide growth story in Brazil, at the perfect time in the nickel market cycle. samples. Email: office@centaurus.com.au. ", Quarterly activities report for the period ending 31 March 2023.". Sub-samples are ground to specific sizes fractions (53-106m) for flotation testwork. Wilson Asset Management (International) Pty Ltd. Australian Stock Exchange - 02:10:20 2023-05-02 am EDT, More brands of Centaurus Metals Limited, Chief Executive Officer, MD & Executive Director. 16 February 2021. The results reported are well within the specified standard deviations of the mean grades, for the main elements. Nicholas Read Read Corporate M: +61 419 929 046. Postal address: Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Ltd. is the largest shareholder with 12% of shares outstanding. The plant would aim to meet the battery material sourcing requirements of the U.S. IRA signed into law last August that requires automakers to source 50% of the critical minerals used in EV batteries from North America or U.S. allies by 2024, rising to 80% by the end of 2026. alternative Vale personnel. "-18% in volumes of manganese ore sold externally in Gabon, following the landslide at end-2022 that halted activity over January. No quantitative twinned drilling analysis has been undertaken at the project to date. Highlights include: On April 24 Horizonte Minerals Plc announced: "Construction of the Araguaia Nickel Project remains on-budget and on-schedule.". . 1. On April 26 Queensland Pacific Metals announced: "Ore supply agreement executed with MKM." Luckily, you can check this free report showing analyst forecasts for its future. Executive Director; Our Team; Research. "It also reflects the strong macro environment for the nickel, which recently hit 11-year highs on the strong demand outlook from the burgeoning EV, renewable energy and lithium-ion battery sectors. In. This may not be consistent with full year annual report figures. >$1.4 billion in conditional, indicative commitments from financiers. To date overall recoveries are >98% and there are no core loss issues, To ensure adequate sample recovery and representativity a Centaurus geologist or field technician. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. . The following Tables are provided for compliance with the JORC Code (2012 Edition) requirements for the reporting of Exploration Results and Mineral Resources at the Jaguar Project. Talon Metals confirms high-grade mineralization in the new Raptor Zone with assays grading up to 6.93%. We aim to bring you long-term focused analysis driven by fundamental data. Sample size, sample recovery estimate and conditions. Tier-1 project with class-leading GHG emission credentials, Working to supply Class 1 nickel sulphides for an electric future, One of the world's premier near-surface nickel sulphide projects, Ideally positioned to feed the global battery supply chain, Centaurus Metals (ASX: CTM / OTCQX: CTTZF) is an ASX-listed exploration company focused on the development of the advanced Jaguar Nickel Sulphide Project, located in the world-class Carajs Mineral Province in Brazil. Trading, Managed The strong interest in this raise reflects both the scale and quality of the Jaguar Project and its impeccable ESG credentials, combined with the clear corporate strategy we have outlined to bring it into development as quickly as possible. Logging is carried out to industry standard and is audited by Centaurus CP. Specifically, Mr Fitzhardinge is the Competent Person for the database (including all drilling information), the geological and mineralisation models plus completed the site visits. 2019: Centaurus Metals . M, ore than triple Crawfords content of brucite, which is highly reactive for carbon sequestration, in hole MID23-02, Canada Nickel expands high grade, near surface mineralization at Texmont.". I have no business relationship with any company whose stock is mentioned in this article. In March, Nickel West advised one of its third party product providers, Mincor Resources, that it will no longer accept off-specification product containing high levels of arsenic due to the issues with processing this ore. Further, a heavy rain event was experienced at the Mt Keith operations in early April 2023 impacting mine progression. Let's take a closer look to see what the different types of shareholders can tell us about Centaurus Metals. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Which of the following group do you best fit? However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. We can see. Highlights include: Nickel mineralisation confirmed outside of current Widgie South resources including: Discovery of a broad, near surface, nickel mineralisation at Widgie Townsite. This announcement may include forward-looking statements. bag with a sample tag before being sent to the laboratory. The New Shares will be issued under the Company's current placement capacity under; onlySprott Capital Partners and Argonaut Securities were the Joint Lead Managers and Bookrunners to the Placement with Euroz Hartleys as Co-Manager. Nickel West advised Mincor Resources that it will no longer accept off-specification product containing high levels of arsenic. Read "The Trend Investing Difference", or sign up here. Logging, captures colour, rock-type, mineralogy, alteration and mineralisation style. 2022 - IEA forecasts 60 new nickel mines needed by 2030, BMI forecasts we need 330+ new EV metal mines from 2022 to 2035 to meet surging demand - 72 new 45,500tpa nickel mines needed by 2035. The funds raised via the placement will be used on the Jaguar Project, for: Definitive Feasibility Study work including all development drilling, metallurgical testwork, process. Where the sample is wet a visual estimate of the sample recovery is made. The Companys 100%-owned Jambreiro Project, located in south-east Brazil, is an advanced development opportunity for approximately three million tons per annum (Mtpa) of production. The sample was placed in a plastic sample bag with a sample, Surface rock chip/soil samples were collected from in situ outcrops and rolled boulders and, The historical drilling is all diamond drilling. 1 Ord Street All laboratory procedures are in line with industry standards. Federal Court of Australia approves BHP's acquisition of 100% of OZ Minerals. These forward-looking statements are based on Centaurus Metals' expectations and beliefs concerning future events. The samples were pulverised to 95% passing 150m and. The Centaurus CP has verified the historical significant intersections. Mr Barnes and Mr Fitzhardinge have sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities undertaken to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Rank: Name: Units . On April 13 Canada Nickel Company announced: "Canada Nickel announces new nickel discovery at Midlothian Property with larger potential footprint than Flagship Crawford Property." APPENDIX A - Compliance Statements for the Jaguar Project. The Jaguar Project is located approximately 35 kilometers (km) north of the regional center of Tucuma, where a 138kV sub-station is located. Technical due diligence from Independent Technical Expert RPM Global (ITE) advancing. CENTAURUS METALS ANNUAL REPORT 2021 Our strong position and the clear direction we are taking is due to the hard work, dedication and commitment of our exceptionally hardworking and highly skilled team. Samples were taken at 50m intervals along 200m, Surface material was first removed, and sample holes were dug to roughly 20cm depth. Telephone: +61 8 6424 8420 Centaurus Metals (ASX: CTM / OTCQX: CTTZF) is an ASX-listed exploration company focused on the development of the advanced Jaguar Nickel Sulphide Project, located in the world-class Carajs Mineral Province in Brazil. Oracle Nickel commences commercial sales. Forinclusion in this report of the matters based on their information in the form and context in which they appear. The big shareholder groups in Centaurus Metals Limited (ASX:CTM) have power over the company. This announcement brings to an end the Company's current trading halt. All new data is collected, on Excel Spreadsheet, validated and then sent to independent database administrator (MRG) for. at a coupon of 11.25%, maturing 21 October 2028 (New Notes). The same can be achieved by studying analyst sentiments. On April 6 Australian Resources & Investment reported: Nickel could average $US32,000/t in years to comeThe EV industry will be a key driver of nickel demand in the years to come, and Fitch forecasts the base metal to be averaging $US27,000/t by 2024 Beyond that, we expect nickel prices to increase at a faster pace in 2028, rising to $US29,000/t as the market goes into deficit on the back of surging demand for nickel along with the rise in the production of EV batteries, Fitch saidWe forecast prices to reach $US32,000/t in 2032 as demand growth outpaces that of supply with the market deficit climbing to 250,600t, putting upwards pressure on prices., On April 14 Fastmarkets reported: "Concerns around financing for nickel grow after recent bad press. nickel production decreased 10% y/y mainly due to the continued transitioning of Voiseys Bay mine to underground operations. Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. Near-surface mineralization - overburden less than five meters thick. Centaurus Metals Hits 'Stand-out' Nickel Mineralization at Brazilian Project, Centaurus Metals Limited Announces Drilling At Jaguar Returns Intercept, Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Support Pathway to Battery-Grade Nickel Sulphate Product. The offer price represented . Seeking Alpha's Disclosure: Past performance is no guarantee of future results. However, you won't necessarily see their names in the company's annual report, as many trade under nominee names. To ensure the representative nature of the sample, the cyclone and sample hoses are cleaned after, each metre of drilling, the rig has two cyclones to facilitate the process. Additionally, ALS perform repeat analyses of sample pulps at a rate of 1:20. Hole TXT23-32 intersected 10.5 meters of 0.95% nickel within 43.5 meters of 0.59% nickel within 292 meters of 0.31% nickel.". "The Companys Targets Statement was released on 4 April 2023 and, in the absence of a superior proposal, the Mincor Directors unanimously recommend that shareholders accept the Offer from Wyloo. On April 17 BHP Group announced: "Court approves OZ Minerals scheme of arrangement.". All field sample and mapping points. Glencore Q1, 2023 own sourced nickel production of 20,900 tonnes was 32% lower than Q1 2022. With a market capitalization of AU$500m, Centaurus Metals is a small cap stock, so it might not be well known by many institutional investors. Centaurus Metals Limited Ltd (ASX: CTM) 2021 Online Annual Report. pre-development and financing activities ahead of a Final Investment Decision. Duis rutrum sapien non Street Talk; Centaurus Metals to raise $26.2 million. Fusce quis dignissim felis. Highlights include: Investors can view the company presentation here and a Trend Investing CEO interview here. They were dried at 105C until the sample was completely dry (6-12hrs), crushed, to 90% passing 4mm and reduced to 400g. Mr Barnes is the Competent Person for the construction of the 3-D geology / mineralisation model plus the estimation. 1. In addition, we found that Darren Gordon, the CEO has 1.4% of the shares allocated to their name.

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