Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Shareholder Meeting (December 2014)
28 slides from Canterbury Resources's shareholder meeting presentation, Dec 12, 2014
Slide 1: Canterbury Resources Limited Annual General Meeting 2014
Canterbury Resources Limited Annual General Meeting 2014 12th December 2014
Slide 2: Board of Directors
Board of Directors CHAIRMAN JOHN ANDERSON DIRECTORS GRANT CRAIGHEAD G A RY FA L L O N RO S S M O L L E R S T E P H E N B A RT RO P C O M PA N Y S E C R E TA R I E S RO S S M O L L E R V É RO N I QU E M O R G A N - S M I T H C O M PA N Y A U D I T O R B A R N E S D OW E L L J A M E S 2 Canterbury Res
Slide 3: Meeting Outline
Meeting Outline • Proxies received – 7,129,130 (34.0%) • Proposed resolutions: 1. Receiving financial report 2. Re-election of Grant Craighead 3. Re-election of Ross Moller 4. Adopt the remuneration report • Operational report 3 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 4: Resolution 1
Resolution 1 “To receive and consider the Reports of the Directors and the Auditors, and the Financial Report for the period ended 30 June 2014” Summary of proxies For Against Abstain Proxy Total discretion 6,729,130 0 0 400,000 7,129,130 4 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 5: Resolution 2
Resolution 2 “To elect as a Director Mr Grant Craighead, who retires by rotation in accordance with Article 12.11 of the Company’s Constitution and who is eligible for re-election” Summary of proxies For Against Abstain Proxy Total discretion 6,729,130 0 0 400,000 7,129,130 5 Canterbury Resources Lt
Slide 6: Resolution 3
Resolution 3 “To elect as a Director Mr Ross Moller, who retires by rotation in accordance with Article 12.11 of the Company’s Constitution and who is eligible for re-election” Summary of proxies For Against Abstain Proxy Total discretion 6,729,130 0 0 400,000 7,129,130 6 Canterbury Resources Ltd -
Slide 7: Resolution 4
Resolution 4 “That the Remuneration Report for the year ended 30 June 2014 (as set out in the Note 22 (c) of the 2014 Financial Report) be adopted” Summary of proxies For Against Abstain Proxy Total discretion 6,729,130 0 0 400,000 7,129,130 7 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 8: Operational Review
Operational Review • Operating bases established in Vanuatu and PNG • PNG project has been rapidly advanced and is now at the ‘drill ready’ phase – farm- out process commenced • Vanuatu prospects at an earlier stage, with the project portfolio being optimised – low level exploration continues • Corp
Slide 9: Regional Map
Regional Map Exploration licences and applications established on the islands of Malekula and Santo in Vanuatu and southwest of Lae in PNG 9 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 10: Vanuatu Exploration
Vanuatu Exploration • Mapping & sampling programs completed on Malekula in Sept 2013 and June 2014 • Widespread alteration & anomalous mineralisation (up to 4.56g/t Au) observed • Confirms and extends the known mineralizing zones • Field data integrated with regional magnetic data to define a major
Slide 11: Subdued magnetics correspond to a magnetite destructive alteration zone
Subdued magnetics correspond to a magnetite destructive alteration zone – with target zone partially covered by limestone 11 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 12: Two PLA's submitted on Santo
Two PLA’s submitted on Santo South coast of Santo near Tafuse PLA looking west to Navaka intrusive complex (within Navaka PLA) 12 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 13: Vanuatu – Next Steps
Vanuatu – Next Steps • Further mapping and sampling on Malekula to generate drill targets • Geophysical interpretation • Assess potential of porphyry targets • Liaise with Mines Dept to advance applications on Santo 13 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 14: PNG Exploration
PNG Exploration • Rapid progress achieved • EL2302 granted & ELA2314 submitted covering extensions • Major geological & geophysical databases compiled & interpreted • Several reconnaissance programs undertaken • Completed sampling, mapping, petrology • Reaffirmed historic results & enhanced the geol
Slide 15: Ekuti Range Project - PNG
Ekuti Range Project - PNG • Located in well endowed Morobe Province which includes: • Wafi-Golpu development project • 28.5M oz gold • 9.5M tonnes copper • Hidden Valley mine • 220,000oz pa gold • Joint Venture participation being sought to fund drilling phase • IM prepared and expressions of intere
Slide 16: Otibanda Prospect
Otibanda Prospect Geologist Wanu Tamu at outcrop of the Otibanda Lode at the Kaneipi prospect Grab sample assayed 45.39g/t Au and 7.39% Cu 16 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 17: PNG – Next Steps
PNG – Next Steps • Complete the farm-out process • Prepare and undertake first phase drilling program on EL2302 • Await determination of granting EL2314 – followed by reconnaissance and planning of field programs • Assess further exploration opportunities 17 Canterbury Resources Ltd - 2014 AGM 12th
Slide 18: Corporate – Next Steps
Corporate – Next Steps • Complete PNG farm-out process • Raise additional working capital • Optimise the exploration portfolio • Prepare the Company for listing as market conditions permit – either IPO or backdoor listing 18 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 19: Thank You
Thank You Any Questions? 19 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 20: Ekuti Range
Ekuti Range 20 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 21: Field Camp Site
Field Camp Site 21 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 22: Field Camp Site
Field Camp Site 22 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 23: Rock sample with malachite
Rock sample with malachite 23 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 24: Artisanal activity – Jerry's mine
Artisanal activity – Jerry’s mine 24 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 25: Gold from Jerry's mine
Gold from Jerry’s mine 25 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 26: Wanu & Mike
Wanu & Mike 26 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 27: Chief Terimbe
Chief Terimbe 27 Canterbury Resources Ltd - 2014 AGM 12th December 2014
Slide 28: Chief Terimbe
Chief Terimbe 28 Canterbury Resources Ltd - 2014 AGM 12th December 2014
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