Ana Sofia Joint Venture Project Overview Santiago del Estero Province, Argentina
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Joint venture summary 50:50 joint venture Centurion (CTN) to issue up to 2MM shares to Demetra (DEM) as consideration for the JV interest CTN committed to fund up to $6MM USD, or commercial production DEM s current CEO will be appointed as a Director and COO of CTN JV Management Committee composition will be 3 CTN and 2 DEM Ana Sofia project operator will be DEM PROJECT HIGHLIGHTS Two mining concessions granted Environmental permit received Export permit received 50,000 tpa offtake agreement implemented 500 Ha exploration rights NI 43-101 technical report in progress 2
Share structure 50:50 joint venture with amalgamation option included in JV agreement, with the following proposed capital structure: Description Financing Shares (MM) Centurion 21.4 50:50 JV to DEM *2.0 $0.10 raise (proposed) Up to $500,000 5.0 Sub-Total 28.4 Demetra (upon amalgamation) 23.5 *2MM shares issued to DEM for 50:50 JV are cancelled upon amalgamation Uses of funds will focus primarily on Ana Sofia resource delineation and estimation 3
Centurion (TSXV : CTN.V) (As at 01-26-2016 15:26 EST) SOURCE: https://ca.finance.yahoo.com/echarts?s=ct N.V#symbol=CTN.V;range=1d 4
Agricultural Gypsum industry overview 5
Gypsum Why gypsum? Improves soil structure Increased water penetration in soils allowing for greater root penetration Reduces salinity and harmful impediments to crop growth Greater fertilizer absorption Reduces soil compaction Reclamation saline agricultural land Increases crop yield by 10% - 40% Why now? Total agricultural production area in South Cone (Cono Sur) is 128+ million hectares Typical gypsum application is 0.5-2 tons per hectares Reclamation application of gypsum is 5-10 tons per hectare Total market potential for agricultural gypsum is 250+ million tons per year 6
Competitive landscape Farmers frustrated with a lack of supply Artisanal miners undertaking small-scale production Demetra Minerals Inc. 7
* GREEN AREA DENOTES SOY BEAN PRODUCTION 8
Improving food security With global food demand increasing, growth rates in food production have consistently decreased. Gypsum could reduce this declining trend: Annual growth rate of world cereal production Crop Yield increase % with gypsum Cotton 37 Rice 16 Coffee 41 Sugarcane 11 Citrus 18 Maize 21 Soybean 24 Wheat 26 Source: http://www.fao.org/docrep/016/ap106e/ap106e.pdf Source: Technoagro SRL technical report 9
Demand and pricing Demand and pricing have both consistently increased over time 4,500 $90 4,000 $80 3,500 3,000 $70 Thousands 2,500 2,000 Argentina Paraguay Bolivia $60 1,500 Brazil $50 Powder 1,000 $40 Granular 500-2004 2007 2011 2013 2018 $30 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 10
Company overview 11
Argentina Santiago del Estero Mine site Market Area 12
Regional geology 13
Exploration & mining blocks Property is adjacent to provincial highway Power line runs adjacent to highway and is 1.2 Km from proposed plant site 520 hectare land package 20 year provincial concession 50 hectare mining permit 470 hectare exploration permit* *Application pending approval Demetra Minerals Inc. 14
Mining permit area Demetra Minerals Inc. 15
Stratigraphic detail 16
Stratigraphic detail 17
Stratigraphic detail 18
DECEMBER 2015 SITE VISIT Demetra Minerals Inc. 19
Site preparation The processing plant location is ready for construction with site clearing, leveling, and compaction having been completed. Prestripping of potential open pit operation has commenced. 20
Processing plant Simple processing: Extract, Crush, Bag, Load Plant: 120,000 tpa, fully designed and costed Finished goods silos (Phase II) Primary crusher Secondary crusher Screener 21
Plant - Key elements Local Argentine equipment Covered plant Concrete pad for plant Automated bagging system Covered area for finished goods Dust collection HVAC system Employee facilities and other EH&S amenities 22
Transportation and logistics Ana Sofia s agricultural gypsum production will be transported via truck to fertilizer distributors 23
Leadership team Centurion Minerals (Vancouver) David Tafel President & CEO, Director Ken Cawkell Director Stephen Wilkinson Director Joseph del Campo Director Demetra Minerals (Vancouver) Gregg Jensen President & CEO, Director Jeremy Wright, CPA, CMA CFO Dr. Patrick Moore, PhD Director James Defer, CBV, CPA, CA Director Demetra Minerals (Argentina) Sebastián Cattáneo COO, EVP, Director Fernando Bacot VP Business Development 24
Long-term company vision Blending plant Land recovery and soil desalination Integrated aggregate production Ana Sofia plant expansion Geographic expansion 25
Summary The Company s objective is to be South America s largest near-term producer of agricultural gypsum. Keys to success include: A leadership team with extensive gypsum and South American experience Significant political change in Argentina opening the economy to improve investment in mining and exploration Regulatory changes in South America driving increased demand for agricultural gypsum Continued global population increases demanding increased food production. 26
CONTACT: Demetra Minerals Inc. Gregg Jensen, President, CEO gregg@demetraminerals.com (604)618-7051 Centurion Minerals Inc. David Tafel, President, CEO davidt@cdnstock.com (604)484-2161