The information in this report that relates to Exploration Results is based on information compiled by Mr Roger Fitzhardinge who is a Member of the Australasia In titute of Mining and Metallurgy. Delayed Australian Stock Exchange 85% passing 75m and split further to 250g aliquots for chemical analysis. Highlights include: Investors can view a CEO video here, or a CEO interview here on Trend Investing. Cash at bank of A$59.2 million at quarter end, First quarter report 2023 for the three months ending March, Mt Holland: Area of Influence agreement signed enabling potential acquisition of an interest in lithium and nickel rights in the highly prospective Mt Holland mineral fiel. Centaurus Metals Share Price - ASX:CTM Stock Research - Stockopedia Nickel inventory at the London Metals Exchange [LME] was about the same the past month at 39,918 tonnes (44,574 tonnes last month). 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. Below is the very newly listed Sprott Nickel Miners ETF. 1 Ord Street SECTION 1 - SAMPLING TECHNIQUES AND DATA (Criteria in this section apply to all succeeding sections). Simply Wall St has no position in any stocks mentioned. High grade mineralization intersected in northern lens 470 meters from original high grade lens in the south area. A pulverized aliquot was separated for analytical, Sample length along core varies between 0.3 to 4.0m, with an average of 1.48m; sampling was done, according to lithological contacts and generally by 1m intervals within the alteration zones and 2m, Current drilling is being completed on spacing of 100m x 50m or 50m x 50m. 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. No quantitative twinned drilling analysis has been undertaken at the project to date. rutrum congue sit amet id nunc. To continue reading it, access the original document here. 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. Validates that the United States hosts additional high-grade nickel and progresses towards permitting for the underground mine and processing facility to supply Tesla..Over the past several months, Talon has been advancing its dual strategy of (i) new exploration along the Tamarack Intrusive Complex, with the primary goal of discovering additional high-grade nickel-copper resources at the Tamarack Nickel Project; and (ii) progressing the requisite drilling, data collection, modelling, and engineering studies and designs to enable Talon to commence the environmental review process that starts the permitting process in the state of Minnesota and completing a feasibility study for the Tamarack Nickel Project. Mr Barnes and Mr Fitzhardinge consent to the. When Centaurus Metals last reported its balance sheet in June 2022, it had zero debt and cash worth AU$60m. ForP oject in northern Brazil (Jaguar Project). Field duplicates are completed every 30 samples. Nicholas Read Read Corporate M: +61 419 929 046. Pellentesque iaculis nisl et est Target our investor community with our suite of Hotcopper Advertising opportunities. Sub-samples are ground to specific sizes fractions (53-106m) for flotation testwork. metallurgical domain and core is sampled and sent to ALS Metallurgy, Balcatta, Perth. 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. Centaurus Metals Limited is an Australia-based minerals exploration company. A look at the shareholders of Centaurus Metals Limited can tell us which group is most powerful.We can see that individual investors own the lion's share in the company with 43% ownership. MEDD032 51m @ 0.74% Ni, 0.02% Cu, 0.04% Co from 75m*#. The Centaurus CP has verified the historical significant intersections. It seems that Private Companies own 21%, of the Centaurus Metals stock. CTM Substantial Shareholders Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Centaurus Metals Limited (CTM). ", On April 3 Sumitomo Metal Mining Co. announced: "FY2023 metal production plans.". Shareholders would probably be interested to learn that insiders own shares in Centaurus Metals Limited. Telephone: +61 8 6424 8420 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.". Development drilling over the next six months is designed to increase the Measured and Indicated component of the MRE to over 500,000 tonnes of contained nickel to underpin a long-life nickel sulphate project producing at least 20,000 tonnes of nickel in s lphate per annum2. Which of the following group do you best fit? Ltd. is the largest shareholder with 12% of shares outstanding. Sample length along core, varies between 0.3 to 4.0m, with an average of 1.48m; sampling was done according to lithological, contacts and generally by 1m intervals within the alteration zones and 2m intervals along the waste. The offer price represented . Please. Centaurus Metals are listed on the ASX under the code CTM. On April 21 MMC Norilsk Nickel announced: Nornickel announces consolidated production results for 1Q 2023. CTM News, Analysis, Announcements & Results | Centaurus Metals Limited NEOMETALS LTD : Shareholders Board Members Managers and Company Profile Centaurus recently delivered an updated JORC Mineral Resource Estimate (MRE) of 80.6Mt at 0.91% Ni for 730,700 t nnes of contained nickel metal for the Jaguar Project, making it one of the largest undeveloped nickel sulphide projects globally with class-leading ESG credentials given the extremely low carbon footprint the Project will have as a result of Brazil generating 80% of its grid power from renewable sources. A look at the shareholders of Centaurus Metals Limited ( ASX:CTM ) can tell us which group is most powerful. Nickel spot price 5 year chart - Current price = USD 10.73/lb, Sumitomo Metal Mining forecasts (as of Nov. 2022) small nickel deficits for 2022 and 2023 (source, page 11), BloombergNEF forecasts "battery" nickel demand set to surge over ten-fold this decade as the EV boom takes off (2020 chart), Trend Investing vs. IEA demand forecast for EV metals (Trend Investing) (IEA), 2021 IEA forecast growth in demand for selected minerals from clean energy technologies by scenario, 2040 relative to 2020 - Increases Of Lithium 13x to 42x, Graphite 8x to 25x, Cobalt 6x to 21x, Nickel 7x to 19x, Manganese 3x to 8x, Rare Earths 3x to 7x, and Copper 2x to 3x. What Percentage Of Centaurus Metals Limited (ASX:CTM) Shares Do Ramelius Resources Limited is an Australia-based company, which is engaged in the exploration, mine development, and production, and sale of gold in Australia. 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.". 1. ", Nickel Industries Limited [ASX:NIC] (OTCPK:NICMF). 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. I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Highlights include: Key preliminary outcomes in the March quarter 2023 compared to the December quarter 2022 include: On April 28 Panoramic Resources announced: "Quarterly activities report for the period ending 31 March 2023. On April 28 St George Mining Ltd. announced: Quarterly activities report for the period ended 31 March 2023..Mt Holland: Area of Influence agreement signed enabling potential acquisition of an interest in lithium and nickel rights in the highly prospective Mt Holland mineral field. standards and Centaurus's current operating procedures. He joined Centaurus in 2011 bringing a wealth of stakeholder relations and regulatory approval experience to the Company, particularly in the field of environmental matters, health and safety and human resources. Economics Letter; Current Research Power Nickel final drill results from the Fall 2022 Drill Program and initial drill results from Winter 2023." Proceeds to be used to fund the completion of the Definitive Feasibility Study at the 100%-, owned Jaguar Nickel Sulphide Project in northern Brazil, due by the end of 2022, as well as for. If you have an ad-blocker enabled you may be blocked from proceeding. Fusce quis dignissim felis. Praesent nec nunc vel quam facilisis '", On April 19 Reuters reported: "China's Huayou seeks to build nickel ore processing plant in Philippines - sources..". at a coupon of 11.25%, maturing 21 October 2028 (New Notes). Centaurus Metals Limited Announces Strong Results from Jaguar Pilot Plant Testwork Supp.. Centaurus Metals Unearths Sulfides at Jaguar Project in Brazil. Email: office@centaurus.com.au. 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. Drill samples are logged for lithology, weathering, structure, mineralisation and alteration among. engineering and early-stage infrastructure work; Regional exploration drilling of new priority targets; The Offer Price of $1.16 per New Share represents a discount of; 2 Refer to the Value-Add Scoping Study released to the market on 31 May 2021 for full details of the Production Target and the material, assumptions underlying the Study. Duis rutrum sapien non However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Centaurus Metals Limited published this content on 20 January 2022 and is solely responsible for the information contained therein. MarketScreener: Created by Investors for Investors! BHP's Nickel West (includes the Mt Keith nickel mine in Australia) has a Measured and Indicated Resource of 4.1Mt contained nickel with a Total Resource contained nickel of 6.3Mt, with an average grade of 0.58% Ni in sulphide ore. Nickel West produced 80 kt of nickel in FY 2020. . Centaurus Metals Limited Centaurus Metals Limited - Company Profile Report | IBISWorld Centaurus Metals Limited (ASX: CTM) is an Australian-based minerals exploration company focused on the near-term development of the Jaguar Nickel Sulphide Project, located in the Carajas Mineral Province in Northern Brazil. Management and the Board have determined to apply to resume Nickel 28s normal course issuer bid given that the trading price of the common shares continues to represent a substantial discount to Nickel 28s net asset value and does not reflect its underlying value. is 50 to 100m spacing between drill holes on sections. Annual Report to shareholders - Centaurus Metals Limited (ASX:CTM) Preliminary mineralogy samples from first two holes confirm: M, ineralization dominated by awaruite, a recoverable nickel-iron alloy mineral. Secured an oversubscribed equity fundraise of ~US$80m. Sudbury mines had strong performance in the quarter, reaching ore production rates of 11.8 ktpd in March, the highest rate since 2017. The Companys projects include Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. Wilson Asset Management (International) Pty Ltd. The Board reiterates its previous recommendation that shareholders TAKE NO ACTION and NOT to tender to Pelhams predatory, coercive and highly conditional mini-tender scheme.". CENTAURUS METALS LIMITED : Press releases relating to CENTAURUS METALS LIMITED Investor relations | Australian Stock Exchange: CTMND | Australian Stock Exchange . We can see. For metallurgical test work continuous downhole composites are selected to represent the. Mean grades of the standard. Annual Report, Top 20 shareholders, Full Year Accounts, Full Year Audit Review . Centaurus Metals Limited's (ASX:CTM) largest shareholders are - Yahoo Plus CEO interviews, chat room access with other professional investors. ultricies, id mollis lorem volutpat. Centaurus recently announced an updated JORC Resource of 80.6Mt at 0.91% Ni for 730,700, tonnes of contained nickel metal1 for Jaguar as the foundation for a new, globally significant. I am not receiving compensation for it (other than from Seeking Alpha). The joint venture would aim to invest about 1.21 trillion won ($932.56 million) between 2023 and 2026 to build a factory with a minimum capacity of 43,000 tonnes of nickel-based battery material annually, GEM said in a Shenzhen filing.