b'BOI NOVO COPPER GOLD PROJECTThe Boi Novo Copper-Gold Project, secured as part of Centaurus Horizon II Business Development and Growth Strategy in NE Brazil, covers 35km 2of highly prospective ground in the Carajs Mineral Provincethe worlds premier Iron-Oxide Copper-Gold (IOCG) address. The Project is located 30km from Parauapebas, the regional centre of the Carajs, and less than 20km from BHPs Antas Norte copper flotation plant.Boi Novo hosts five prospects. Four distinct prospects are located within the Gro Par sequence of metavolcanic and iron formations with +500ppm 6copper-in-soil anomalies along 12km of discontinuous strike coincident with magnetic anomalies, being the Nelore, Bufalo, Zebu and Guzera Prospects. During the reporting period, Centaurus completed its maiden drill campaign for the Project. Drilling continued to return encouraging results, expanding both the shallow breccia-hosted high-grade copper mineralisation and intersecting more zones of thick disseminated mineralisation.The best intersection from drilling completed during the 2024 year, was 5.5m at 8.38% Cu and 0.18ppm Au from 147.0m, including 2.0m at 22.03% Cu and 0.50ppm Au from 150.5m 7 Drilling continued to mid-December 2024, with 27 holes completed for a total of 4,550m. Subsequent to year end, a new diamond drill program commenced with the aim of following up previous high grade copper drill intercepts and testing previously untested electromagnetic conductor plates and induced polarization (IP) targets. Figure 8: Boi Novo Prospect Locations over geology map with copper-in-soils and hole locationsCENTAURUS METALS LIMITED ANNUAL REPORT 17'