Celsius Resources

📹 We've just announced $9.3 million in firm commitments through a heavily oversubscribed Placement!👇Celsius Resources Executive Director Neil Grimes sat down with HotCopper to chat about the Placement, what the investment will be used for, and why there was huge interest from institutional investors from across the globe. 🌍

BIG NEWS!! 💪 Celsius Resources (ASX,AIM:CLA) has closed a A$9.3 Million placement to power our next phase of growth! 🚀 Demand for the Placement exceeded the funds Celsius sought to raise showing incredible support from institutional investors worldwide.

What’s next?

With over A$10M now in the bank, the focus remains on financing for our flagship MCB Project towards construction later this year.

A massive thank you to our global investor base and your commitment to the Company’s exciting future. 🙌 Let’s go! 🌍 ⛏️

CORPORATE PRESENTATION RELEASED 💪 Celsius Resources (ASX,AIM:CLA) is pleased to share its latest corporate presentation. View the presentation here: https://lnkd.in/gYpfZrYw

CELSIUS RESOURCES (ASX,AIM:CLA) RENEWS BOTILAO LICENCE! 🔥 We're excited to announce that the Philippine Mines and Geosciences Bureau has officially approved renewal of the Botilao Copper-Gold Prospect Exploration Permit for two more years. ✅

This is a significant milestone for Celsius Resources and Makilala Mining Company Inc, as the Botilao prospect is strategically positioned near our flagship MCB Project with the potential to enhance and complement our copper production. 💪

🎉 Key Highlights:

✅ Official Approval: The permit renewal secures the next phase of exploration.

✅ Strategic Growth: Ongoing activities aim to expand the resource footprint in the region.

✅ Future Synergy: Potential to bolster the long-term production pipeline alongside the MCB Project.

This progress underscores the continued momentum for mineral exploration and economic development in the region. 🇵🇭

MCB Copper-Gold Project progresses towards a final investment decision 🚀 👇

Celsius Resources (ASX,AIM:CLA) is pleased to release its latest Quarterly Activities Update highlighting a number of significant DFS milestones at MCB.

Highlights:

✅ Tier-1 Project: A Maiden Ore Reserve of 130.2Mt supports an initial 35-year production schedule.

✅ Low-Cost Production: The project boasts a high-grade production profile in its early years, with a projected C1 cash cost of just US$0.41/lb Cu (net of by-product credits) over the first decade.

✅ Robust Economics: The DFS reports a post-tax NPV(8%) of US$771 million (~A$1.15 billion) and an IRR of 24%, utilising conservative long-term pricing.

✅ Appointment of Grant Samuel: Engaged as financial advisor to lead the coordination, structuring, and negotiation of the optimal funding package for the MCB Project.

✅ Strong Institutional Interest: Significant engagement from international mining financiers, offtakers, and investment groups, including the receipt of formal offtake, debt, and equity proposals.

✅ Sovereign Wealth Fund Support: Ex*****on of the fourth drawdown from the Maharlika Investment Corporation (MIC) bridge loan facility, providing the necessary capital to finalise the MCB Definitive Feasibility Study (DFS).

Read the full Quarterly here: https://celsiusresources.com/announcements/7332798

We are thrilled to announce the results of the Definitive Feasibility Study (DFS) for the MCB Project, confirming its status as a technically robust, high-margin, near-term development opportunity. 🔥

The study highlights a project built for early success, driven by a high-grade core zone that delivers exceptional cash flow in the first 10 years. 🚀

Key Financial Highlights:

✅ Base case: Post-tax NPV (8%) of US$ 771 million (≈ AU$1.15 billion) at an IRR of 24%.
✅ Spot price upside: At current prices, Post-tax NPV (8%) jumps US$1.2 billion (≈ AU$1.8 billion) at an IRR 34%
✅ Low-cost profile: Average C1 Cash Cost of just US$0.41/lb Cu for the first decade.
✅ CAPEX: US$276M with a 4.7-year payback period.

With funding and offtake discussions already underway, we are moving rapidly toward a Final Investment Decision (FID) and construction. The MCB Project isn’t just a mine; it’s a cornerstone for the future of copper and gold production in the region. 💪

Philippine Resources Journal

Celsius Resources (ASX,AIM:CLA) is ramping up for the MCB Copper-Gold Project! ⛏️ ✅ Grant Samuel Capital Advisory appointed to lead project financing. ✅ Strong interest received from global financiers & offtakers. ✅ Bardin Davis joins as Board Consultant to advise on strategy & development.

With the FS nearing completion, we are focused on securing the best funding structure as we advance towards construction.

Read more here: https://lnkd.in/gKHYKrUA
Philippine Resources Journal

⛏️ Maiden Underground Ore Reserve Defined at MCB! 🔥 Celsius Resources (ASX,AIM:CLA) is thrilled to announce confirmation of a substantial Maiden Underground Gross Total Ore Reserve, a critical step confirming the project's value and supporting financing! 💪

✅ Reserve size: 130.2Mt at 0.84% CuEq grade.
✅ Contained metal: Includes 856kt contained copper and 891koz contained gold.
✅ Strategic impact: This Ore Reserve forms the basis of the updated mine plan and is key to project financing discussions.
✅ Product quality: Metallurgical tests confirm a clean, high-quality copper-gold concentrate with strong recoveries.

This successful resource definition significantly de-risks the MCB project and solidifies its economic future!

Philippine Resources Journal
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Philippine Mining Club