Annonce • Nov 24

Celsius Resources Limited Announces Updated JORC Compliant Mineral Resource Estimate For Maalinao-Caigutan-Biyog Copper-Gold Project

Celsius Resources Limited announced an updated JORC compliant Mineral Resource Estimate for the Maalinao-Caigutan-Biyog Copper-Gold Project, held under its Philippine Affiliate Company, Makilala Mining Co. Inc. and located at the Island of Luzon in the Philippines. The Global Mineral Resource Estimate is now 343 million tonnes of 0.46% copper, and 0.12g/t gold, for a total of 1.6 million tonnes of contained copper and 1.4 million ounces of contained gold reported to a preferred lower cutoff grade of 0.2% copper. The drilling during 2022 and 2025 was all within the boundaries of the prior Resource estimates for Maalinao-Caigutan-Biyog Copper-Gold Project. The drilling activity was to obtain samples for a metallurgical test work program to determine recoveries from years one to five of the mine life along with further geotechnical investigation of the underground drilling to support an updated underground mine plan. This has allowed for an increase in the confidence level to the Measured category in addition to a refinement of the boundaries to the Mineral Resource. This revised Mineral Resource Estimate is being utilised for the delivery of the JORC mining reserve along with further increased confidence in the mine plan which will be included in the updated Feasibility Study and the front-end engineering due for release in December 2025. Celsius has a 40% working interest in Maalinao-Caigutan-Biyog Copper-Gold Project. The 2025 Mineral Resource Estimate incorporates drilling completed by Makilala Mining Co. Inc. since late 2022, which has significantly improved confidence in the resource. Additional drilling has strengthened the definition of the Measured category by confirming the continuity of copper mineralisation in key areas. Recent drilling has also refined the boundaries of the mineralised zones and provided a clearer understanding of the orientation and continuity of higher-grade domains (Type 1HGV). Additional diamond drilling has further defined the shallow high-grade copper mineralisation (Type 1HGH), resulting in improved grade distribution at higher cut-off grades. Overall, the 2025 Mineral Resource Estimate has an additional 5 million tonnes containing 14,000 tonnes total copper compared with the 2022 Mineral Resource Estimate. The weathering model has also been updated, improving the definition of shallow weathered material. This refined model removes the Inferred category in weathered zones, providing more confidence in these near-surface tonnes. With potential for future mining and processing of this material, the weathered copper mineralisation has been retained within the updated Maalinao-Caigutan-Biyog Copper-Gold Project Mineral Resource Estimate. The Maalinao-Caigutan-Biyog Copper-Gold Project is located in the Cordillera Administrative Region in the Philippines, approximately 320km north of Manila. The updated JORC compliant Mineral Resource Estimate for the Maalinao-Caigutan-Biyog Copper-Gold Project is 343 million tonnes at 0.46% copper and 0.12 g/t gold, for a total of 1.6 million tonnes of contained copper and 1.4 million ounces of gold, of which 45 million tonnes at 0.49% copper and 0.10 g/t gold is classified as Inferred, 248 million tonnes at 0.43% copper and 0.11 g/t gold is classified as Indicated, and 49 million tonnes at 0.60% copper and 0.19 g/t gold is classified as Measured. A Study for the Maalinao-Caigutan-Biyog Copper-Gold Project was announced by Celsius Resources Limited on 1 December 2021, which identified the potential for the development of a copper-gold operation with a 25-year mine life. The Study was based on an underground mining operation and processing facility to produce a saleable copper-gold concentrate. Highlights from the Study include a Post tax NPV (8%) of USD 464 million and IRR of 31%, assuming a copper price of USD 4.00/lb and gold price of USD 1,695/oz. Initial capital expenditure is estimated to be USD 253 million with a payback period of approximately 2.7 years. The designed mine production is matched to a 2.28 million tonnes per annum processing plant which will treat ore with an estimated average grade of 1.14% copper and 0.54g/t gold for the first 10 years of planned production with a C1 cash costs at just USD 0.73/lb copper, net of gold credits. As at the date of this announcement there are studies ongoing to update the Feasibility Study for the Maalinao-Caigutan-Biyog Copper-Gold Project which are scheduled for completion by December 2025. The Maalinao-Caigutan-Biyog Copper-Gold Project is located in Barangay Balatoc, Municipality of Pasil, Province of Kalinga. The Exploration Tenement EP-003-2006-CAR was originally approved in 2006 and had its 3rd renewal approved by the Mines and Geosciences Bureau on 19 November 2020. The Exploration Permit was extended on 31 March 2022 until May 2023. The Mines and Geosciences Bureau issued the Mineral Production Sharing Agreement (MPSA-356-2024-CAR) to Makilala Mining Co. Inc. on 15 March 2024. The geological interpretations and technical information that have contributed to the 2025 Mineral Resource Estimate at Maalinao-Caigutan-Biyog Copper-Gold Project are based largely on surface mapping and analysis of 60 diamond drill holes (31,616.20 m) completed by Makilala Mining Co. Inc. from 2006 to 2025. Drilling at Maalinao-Caigutan-Biyog Copper-Gold Project has broadly defined a large-scale copper mineralisation interpreted to be a typical porphyry copper style of mineralisation, common throughout the Philippine archipelago. The mineralisation and associated alteration exist across the contact between a genetically related intrusive body (tonalite) and the surrounding host rock material. In most cases the surrounding host rock is an older mafic volcanic rock. There is also evidence at Maalinao-Caigutan-Biyog Copper-Gold Project for epithermal vein deposit types exist within close proximity to the large-scale porphyry copper-gold mineralisation. At this stage the only deposit type that is defined in the Mineral Resource Estimate for Maalinao-Caigutan-Biyog Copper-Gold Project is a porphyry copper-gold style. The Mineral Resource Estimate was defined using diamond drill holes, which was the preferred drilling method in Maalinao-Caigutan-Biyog Copper-Gold Project. Drilling was completed over two broad stages. The first stage was managed by the previous owner of Makilala Mining Co. Inc., Freeport McMoRan, with a total of 25,481 metres from 46 drill holes completed within December 2006 to July 2013. The second drilling program was implemented by Makilala Mining Co. Inc., with a total of 6,135.2 meters from 14 drill holes completed from 2021 to 2025. All diamond drilling utilised a triple tube core barrel for the entire length to ensure maximum sample recovery.

Pourcentage du salaire du PDG	n/a
Durée du mandat du directeur général	less than a year
Propriété du PDG	0.06%
Durée moyenne d'occupation des postes de direction	2yrs
Durée moyenne du mandat des membres du conseil d'administration	2yrs

Nom	Position	Titularisation	Compensation	Propriété
Mark van Kerkwijk	Executive Director of IR	2yrs	AU$206.83k	0.87% € 169.7k
Neil Grimes	Non-Independent Executive Director	less than a year	AU$21.67k	0.013% € 2.6k
Bardin Davis	MD & Director	less than a year	pas de données	0.056% € 11.0k
Patrique Duran	Chief Operations Officer of Philippines	2.7yrs	pas de données	pas de données
Kellie Davis	Company Secretary	3.7yrs	pas de données	pas de données

Nom	Position	Titularisation	Compensation	Propriété
Mark van Kerkwijk	Executive Director of IR	2yrs	AU$206.83k	0.87% € 169.7k
Neil Grimes	Non-Independent Executive Director	1.2yrs	AU$21.67k	0.013% € 2.6k
Bardin Davis	MD & Director	less than a year	pas de données	0.056% € 11.0k
Paul Dudley	Independent Non-Executive Director	3.3yrs	AU$210.00k	0.25% € 49.1k
Peter Hume	Interim Non-Executive Chairman of the Board	3.9yrs	AU$603.14k	0.70% € 136.2k

Données	Dernière mise à jour (heure UTC)
Analyse de l'entreprise	2026/05/06 20:39
Cours de l'action en fin de journée	2026/05/06 00:00
Les revenus	2025/12/31
Revenus annuels	2025/06/30

Paquet	Données	Cadre temporel	Exemple de source américaine ^*
Finances de l'entreprise	10 ans	Compte de résultat Tableau des flux de trésorerie Bilan	Formulaire 10-K de la SEC Formulaire 10-Q de la SEC
Estimations consensuelles des analystes	+3 ans	Prévisions financières Objectifs de prix des analystes	Rapports de recherche des analystes Blue Matrix
Prix du marché	30 ans	Cours des actions Dividendes, scissions et actions	Données de marché ICE Formulaire S-1 de la SEC
Propriété	10 ans	Actionnaires principaux Délits d'initiés	Formulaire 4 de la SEC Formulaire 13D de la SEC
Gestion	10 ans	L'équipe dirigeante Conseil d'administration	Formulaire 10-K de la SEC Formulaire SEC DEF 14A
Principaux développements	10 ans	Annonces de l'entreprise	Formulaire 8-K de la SEC

Celsius Resources Gestion

Gestion contrôle des critères 1/4

Informations clés

Mises à jour récentes de la gestion

Celsius Resources Limited Appoints Peter Hume as Interim Non-Executive Chairman of Board, Effective 18 February 2026

Celsius Resources Limited Announces Resignation of Attilenore "Nene" Manero as Non-Executive Director, Effective November 26, 2025

Celsius Resources Limited Announces Retirement of Julito "Sarge" Sarmiento from the Board of Directors

Celsius Resources Limited, Annual General Meeting, Nov 26, 2025

Celsius Resources Limited Announces Appointment of Neil Grimes as Non-Executive Director

Celsius Resources Limited, Annual General Meeting, Nov 18, 2024

Recent updates

Celsius Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 9.3 million.

Celsius Resources Limited Appoints Peter Hume as Interim Non-Executive Chairman of Board, Effective 18 February 2026

Celsius Resources Limited Announces the Results of the Definitive Feasibility Study for the Maalinao-Caigutan-Biyog Copper-Gold Project

Celsius Resources Limited Defines Maiden JORC Ore Reserve Estimate For Maalinao-Caigutan-Biyog Copper-Gold Project

Celsius Resources Limited Announces Resignation of Attilenore "Nene" Manero as Non-Executive Director, Effective November 26, 2025

Celsius Resources Limited Announces Updated JORC Compliant Mineral Resource Estimate For Maalinao-Caigutan-Biyog Copper-Gold Project

Celsius Resources Limited has filed a Follow-on Equity Offering in the amount of £0.5 million.

Celsius Resources Limited Provides Update on Feasibility Study

Celsius Resources Limited Announces Retirement of Julito "Sarge" Sarmiento from the Board of Directors

Celsius Resources Limited and Makilala Mining Company, Inc. Announces Additional Results from the Drilling Program

Celsius Resources Limited, Annual General Meeting, Nov 26, 2025

Celsius Resources Limited and Makilala Mining Company, Inc. Announce Results from the Drilling Program Which Commences in June This Year

Celsius Resources Limited has completed a Follow-on Equity Offering.

Celsius Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.43 million.

Celsius Resources Limited Announces Appointment of Neil Grimes as Non-Executive Director

Celsius Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.3 million.

Celsius Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.085712 million.

Celsius Resources Limited has completed a Follow-on Equity Offering in the amount of £0.35 million.

New minor risk - Financial data availability

Celsius Resources Limited, Annual General Meeting, Nov 18, 2024

Celsius Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.

Celsius Resources Limited Announces Approval of the Five-Year Social Development and Management Program of the Sagay Copper Project

Celsius Resources Limited Announces Peter Hume Steps Down as Managing Director

Celsius Resources Limited has filed a Follow-on Equity Offering in the amount of £0.117317 million.

Less than half of directors are independent

Celsius Resources Limited Provides Mineral Resource Update for Sagay Mining Project

Less than half of directors are independent

Celsius Resources Limited, Annual General Meeting, Nov 14, 2023

Celsius Resources Limited announced that it has received AUD 4 million in funding from Silvercorp Metals Inc.

Celsius Resources Limited Appoints David James Way as COO for its Philippine Operations

Celsius Resources Limited Appoints Paul James Dudley as a Non-Executive Director of the Board and Chairman of the Audit Committee

High number of new and inexperienced directors

Independent Non-Executive Director recently bought €71k worth of stock

Less than half of directors are independent

Less than half of directors are independent

Non Independent Non-Executive Director Attilenore Austria has left the company

Non-Executive Director has left the company

Non-Executive Director has left the company

Independent Non-Executive Director has left the company

Independent Non-Executive Director has left the company

PDG

Équipe de direction

Membres du conseil d'administration

Analyse de l'entreprise et données financières

Sources de données

Modèle d'analyse et flocon de neige

Indicateurs de l'industrie et du secteur

Sources des analystes