Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Noosa Mining Conference 2019
36 slides from Antipa Minerals's conference presentation, Jul 17, 2019
Slide 1: First Mover Advantage in a World Class Mineral Province
FIRST MOVER ADVANTAGE IN A WORLD CLASS MINERAL + PROVINCE For personal use only INVESTOR PRESENTATION JULY 2019 ASX:AZY
Slide 2: Important Notice / Disclaimer
IMPORTA NT NOTICE / DISCLA IMER For personal use only Nature of this document: The purpose of this document is to provide general information about Antipa Disclaimer: No representation or warranty, express or implied, is made by the Company that the material Minerals Limited (the ‘Company’). Unless
Slide 3: Compelling Investment Opportunity
COMPELLING INVESTMENT OPPORTUNITY A dvancing w orld class developm ent and explorat ion project s Strategic Position in World Class Paterson Province For personal use only • Antipa has 5,000km2 of under-explored precious and base metals exploration ground in a province hosting two large scale produc
Slide 4: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE Host to world class mineral deposits • Proven precious and base metals province hosting two large scale producing mines: For personal use only o Telfer = 32Moz gold, 1Mt copper pre-mining o Nifty = 2Mt copper pre-mining o Both deposits
Slide 5: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE c.50% of Antipa tenements are under less than 20m cover For personal use only c.80% of Antipa tenements are under less than 80m cover Host to world class mineral deposits Shallow cover and lack of prior exploration Modern geophysical t
Slide 6: Highly Prospective Structural Corridor Greenfield Exploration
HIGHLY PROSPECTIVE STRUCTURA L CORRIDOR GREENFIELD EXPLORATION 2019 Exploration Overview For personal use only • AEM and Aeromagnetic surveys completed and +35 targets currently identified • Aggressive drilling campaigns planned to systematically test targets: o Strong newsflow outlook following com
Slide 7: AEM Survey Gold-Copper Targets
A EM SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION Overview 100km For personal use only • 1,100km2 AEM survey completed over 100% Antipa Projects in 2H-2018: o 12 high priority copper-gold targets identified (28 in total) • AEM responsible for multiple discoveries over the last 10 years includi
Slide 8: AEM Target #28
A EM SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION A EM Targ et # 28 350m and Open For personal use only • AEM Target # 28 assay results deliver 350m wide copper - cobalt - zinc ± gold ± silver anomaly: • Anomaly near surface and open in all directions (single drill line only and avg. hole dept
Slide 9: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION Overview For personal use only • 260km2 Aeromagnetic survey completed late 2018 over 100% Antipa ground targeting Havieron gold-copper deposit lookalike magnetic anomalies o 4 high priority gold-copper targets identified o Multiple ad
Slide 10: Established High-Grade Resources
ESTA BLISHED HIGH-GRA DE RESOURCES RESOURCE DEVELOPMENT Overview For personal use only • Recently updated global Mineral Resource of 13.6Mt at 1.9 g/t Au, 0.24% Cu, 380 ppm Co and 0.7 g/t Ag for 827koz Au, 26kt Cu, 4kt Co and 233koz Ag (includes Minyari, WACA, Chicken Ranch and Tim’s Dome) • Deposit
Slide 11: Highly Prospective Brownfield Targets
HIGHLY PROSPECTIVE BROW NFIELD TA RGETS RESOURCE DEVELOPMENT Turkey Farm For personal use only 1km west of Chicken Ranch with gold nuggets identified within surface laterite • Historic broad spaced (200m) drill intersections along 750m strike include: o 7m at 2.4 g/t Au from 65m; including o 3m at 5
Slide 12: Chicken Ranch and Tim's Dome
CHICKEN RA NCH A ND TIM’S DOME RESOURCE DEVELOPMENT Chicken Ranch and Turkey Farm Plan View Chicken Ranch For personal use only High-grade gold mineralisation along a 3km strike length within four or more parallel mineralised gold trends • 2018 drilling confirmed shallow high-grade resource opportun
Slide 13: Rio Tinto Citadel Farm-in
RIO TINTO CITA DEL FA RM-IN RIO TINTO CITADEL FA RM-IN Overview • Rio Tinto can earn up to 75% by spending up to $60M For personal use only • Citadel Project 5km east of Rio Tinto’s Winu discovery • Antipa resumed operatorship of the Citadel JV in March 2019 • Rio Tinto have spent $7.6M to date and
Slide 14: Exploration Timeline: 2019 Exploration Programme
EXPLORATION TIMELINE A GGRESSIVE GREENFIELDS A ND BROW NFIELDS 2019 EXPLORA TION PROGRA MME For personal use only MAR 2019 QUARTER JUN 2019 QUARTER SEP 2019 QUARTER DEC QUARTER 2019 Greenfields Exploration – Air Core and RC Drill Testing of incl. El Paso Corridor Heritage Surveys and Drill Mobilisat
Slide 15: Corporate Snapshot – ASX:AZY
CORPORATE CORPORA TE SNA PSHOT – A SX: A ZY For personal use only CA PITA L STRUCTURE 2,076M $31.1M Shares on Issue (undiluted) Market Cap at A$0.015/sh $7.8M N/A Cash1 Debt $23.3M 156M Enterprise Value Options2 1. Cash at 31 March 2019 ($3.0M) + Net proceeds of Share Placement completed 15 April 20
Slide 16: Contact
For personal use only CONTA CT Executive Chairman Managing Director Mr St ep hen Pow er Mr Rog er Mason E: stephen.power@ant ipaminerals.com.au E: [email protected] Co rp o rat e Office PO Box 795 Level 2, 16 Ord St reet West Pert h WA 6872 West Pert h WA 60 0 5 T: +61 8 94 81 110 3
Slide 17: Mineral Resource Summary
MINERA L RESOURCE SUMMA RY A PPENDIX North Telfer Project and Paterson Project Deposit and Gold Cut-off Resource Tonnes Gold Grade Copper Grade Silver Grade Cobalt Gold Copper Silver Cobalt For personal use only Grade* Category (Mt) (g/t) (%) (g/t) (ppm) (oz) (t) (oz) (t) Chicken Ranch Area 0.5 Au I
Slide 18: First Mover Advantage in the World Class Paterson Province
FIRST MOVER ADVANTAGE IN THE WORLD CLASS A PPENDIX PATERSON PROVINCE Before December 2017: After December 2017: For personal use only = 1,000km2 + 1,335km2 in JV = 11,036km2 + 1,760km2 in JVs =0 = 5,310km2 270 km 155 km 18
Slide 19: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX For personal use only 100km NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) & several Priority # 3 (black) AEM Targets during Phase 1 Drilling Programme 19 ASX:AZY
Slide 20: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) & several 100km Priority # 3 (black) AEM Targets during Phase 1 Drilling Programme For personal use only 20 ASX:AZY
Slide 21: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX For personal use only NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) & several Priority # 3 (black) AEM Targets during Phase 1 Drilling Programme 100km 21 ASX:AZY
Slide 22: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX For personal use only 22 ASX:AZY
Slide 23: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS A PPENDIX For personal use only 23 ASX:AZY
Slide 24: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS A PPENDIX For personal use only 24 ASX:AZY
Slide 25: Minyari Dome – 2018 Exploration Results and Next Steps
Minyari MINYA Dome RI– 2018 DOME Exploration – Results and Next Steps A PPENDIX Est ablished High-grade Shallow Au-Cu-Ag-Co Resource 2018 Exploration Programme For personal use only • RC programme focused on identifying new mineralisation in close proximity to existing high-grade Minyari and WACA Mi
Slide 26: Minyari Dome
MINYA RI DOME – A PPENDIX Est ablished High-grade Shallow Au-Cu-Ag-Co Resource For personal use only 26 ASX:AZY
Slide 27: Tim's Dome
Tim’s DomeDOME – TIM’S A PPENDIX Est ablished Shallow Gold Resource Tim’s Dome • 12 km along strike of the giant Telfer gold-copper-silver mine and 35 km from Minyari-WACA For personal use only • Gold ± copper mineralisation occurs from as shallow as 1m from surface • Up to 200m wide gold bearing co
Slide 28: Telfer – World Class High-grade Gold Deposit
TELFER – A PPENDIX World Class High-grade Gold Deposit • Antipa’s Projects include the same structural, host-rock and hydrothermal mineralisation settings as Telfer For personal use only • Telfer’s June 2000 Underground Mineral Resource was 3.5 Mt at 13.8 g/t gold for 1.5 Moz gold1 • Telfer was disc
Slide 29: Tim's Dome – High-grade Gold Opportunity
TIM’S DOME – High-grade Gold Opport unit y A PPENDIX West East • Drilling almost exclusively focussed on the sub-cropping western side of For personal use only Tim’s Dome • Telfer1 high-grade Reef and vein style High-Grade conceptual targets on eastern side of Target Areas Tim’s Dome, beneath shallo
Slide 30: Tim's Dome – 2019 Exploration Programme
TIM’S DOME – A PPENDIX 2019 Explorat ion Program m e For personal use only 2019 Targets • Main +3km long zone of domal axis gold±copper mineralisation • Testing of IP targets in 2018 delivered limited gold and copper mineralisation, however conceptual targets for Telfer high-grade reef- style minera
Slide 31: Calibre Deposit (Rio Tinto Farm-in)
CA LIBRE DEPOSIT ( Rio Tint o Farm -in) – A PPENDIX Significant Au-Cu-Ag-W Resource w it h grow t h potent ial For personal use only 33 ASX:AZY
Slide 32: Paterson Province's World Class Potential – Winu Discovery
PA TERSON PROVINCE’S W ORLD CLA SS POTENTIA L – A PPENDIX Rio Tinto’s W inu Cu-Au-Ag Discovery - A nnounced 2019 Rio Tinto’s Winu copper-gold-silver deposit1 has all the hallmarks of a Tier 1 Mine in the making: For personal use only • Winu drill intersections include1: • 763m at 0.44% copper, 0.65
Slide 33: Paterson Province's World Class Potential – Winu Discovery
PA TERSON PROVINCE’S W ORLD CLA SS POTENTIA L – A PPENDIX Rio Tinto’s W inu Cu-Au-Ag Discovery For personal use only 35 1. Refer to Rio Tinto Limited’s website (https://www.riotinto.com/) and news releases on the Australian Stock Exchange (ASX: RIO) (www.asx.com.au) and London Stock ASX:AZY Exchange
Slide 34: Competent Persons Statement – Exploration Results
COMPETENT PERSONS STA TEMENT – A PPENDIX Explorat ion Result s The information in this report that relates to the Exploration Results is extracted from the following: • Report entitled “High –Grade Gold intersected at North Telfer Project” created on 21 June 2017; Reports entitled various relating t
Slide 35: Competent Persons Statement – Mineral Resources
COMPETENT PERSONS STA TEMENT – A PPENDIX Mineral Resources For personal use only Competent Persons Statement – Mineral Resource Estimations for the Minyari-WACA Deposits, Calibre Deposit, Magnum Deposit and Chicken Ranch Area Deposits and Tim’s Dome Deposit The information in this report that relate
Slide 36: www.antipaminerals.com.au
For personal use only WWW.ANTIPAMINERALS.COM.AU