The information in this report and the August 2024 mineral resources that relates to the Jaguar mineral resource is based on information compiled by Mr Lauritz Barnes (consultant with Trepanier Pty Ltd) and Mr Roger Fitzhardinge (a permanent employee). Mr Barnes and Mr Fitzhardinge are both members of the Australasian Institute of Mining and Metallurgy. Mr Barnes and Mr Fitzhardinge have sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities undertaken to qualify as competent persons as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Specifically, Mr Fitzhardinge is the competent person for the database (including all drilling information), the geological and mineralisation models plus completed multiple site visits. Mr Barnes is the competent person for the construction of the 3-D geology/ mineralisation model plus the resource estimation and completed a site visit. Mr Barnes and Mr Fitzhardinge consent to the inclusion in this report of the matters based on their information in the form and context in which they appear. JAMBREIRO IRON ORE PROJECT ORE RESERVES AND MINERAL RESOURCES The information in this report that relates to ore reserves is based on information compiled by Beck Nader, who is a professional Mining Engineer and a member of Australian Institute of Geoscientists. Beck Nader is the Managing Director of BNA Mining Solutions and was a consultant to Centaurus. Beck Nader has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a competent person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Beck Nader consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The information in this report that relates Jambreiro mineral resources is based on information compiled by Roger Fitzhardinge, who is a member of the Australasian Institute of Mining and Metallurgy and Volodymyr Myadzel, who is a member of Australian Institute of Geoscientists. Roger Fitzhardinge is a permanent employee of Centaurus Metals Limited and Volodymyr Myadzel the Senior Resource Geologist of BNA Mining Solutions, independent resource consultants engaged by Centaurus Metals, at the time when the mineral resource estimate was first completed. Roger Fitzhardinge and Volodymyr Myadzel have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as competent person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Roger Fitzhardinge and Volodymyr Myadzel consent to the inclusion in the report of the matters based on their information in the form and context in which it appears. Tenement List BRAZILIAN TENEMENTS Tenement Project Name Location Interest 831.638/2004 Canavial (Mining Lease Application) Minas Gerais 100% 831.639/2004 Canavial (Mining Lease Application) Minas Gerais 100% 831.649/2004 Jambreiro (Mining Lease) Minas Gerais 100% 833.409/2007 Jambreiro (Mining Lease) Minas Gerais 100% 834.106/2010 Jambreiro (Mining Lease) Minas Gerais 100% 831.645/2006 Passabém Minas Gerais 100% 830.588/2008 Passabém Minas Gerais 100% 833.410/2007 Regional Guanhães Minas Gerais 100% 856.392/1996 Jaguar (Mining Lease Application) Pará 100% 850.475/2016 Itapitanga Pará 100% 850.239/2002 Terra Morena Pará 100% 851.571/2021 Terra Roxa (Jaguar Regional) Pará 100% 851.563/2021 Santa Inês (Jaguar Regional) Pará 100% 850.071/2014 Boi Novo Pará 100% 851.767/2021 Boi Novo Pará 100% 851.768/2021 Boi Novo Pará 100% 851.769/2021 Boi Novo Pará 100% 850.326/2019 Rio Novo Pará 100% [1] AUSTRALIAN TENEMENTS Tenement Project Name Location Interest EPM14233 Mt Isa Queensland 10% [2] [1] Centaurus can perfect its 100% interest in the tenement by satisfying its earn in requirements of the acquisition agreement with Ore Investments Ltda. Details of the agreement are outlined in the ASX Announcement dated 29 October 2025. [2] Subject to a Farm-Out and Joint Venture Exploration Agreement with Summit Resources (Aust) Pty Ltd. Summit has earned a 90% interest in the Project. Aeon Metals Limited has acquired 80% of Summit’s Interest giving them a total interest of 72% of the tenement. 23 CENTAURUS METALS LIMITED ANNUAL REPORT
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