Centaurus Metals Limited
Centaurus Metals (ASX: CTM) is an ASX-listed exploration company focused on the development of the advanced Jaguar Nickel Sulphide Project, located in the world-class Carajás Mineral Province in Brazil. The Carajás Mineral Province is one of the world’s premier mining addresses, hosting one of the world’s largest concentrations of large-tonnage mineral deposits.
The Company completed the acquisition of the advanced Jaguar Nickel Project in the Carajás from global mining giant, Vale S.A. in April 2020, including a non-JORC global foreign resource of 40.4Mt at 0.78% nickel (0.5% Ni cut-off) for a total of 315,000 tonnes of contained nickel.
Centaurus is on track to deliver a maiden JORC Resource at Jaguar by mid-2020, with diamond drilling delivering outstanding results and new discoveries.
Centaurus also holds the development-ready Jambreiro Iron Ore Project, where a July 2019 Pre-Feasibility Study confirmed low costs and strong economics for a 1Mtpa mining operation.