Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Australian Gold Conference (June 2022)
36 slides from Antipa Minerals's conference presentation, Jun 14, 2022
Slide 1: Investor Presentation
For personal use only INVESTOR PRESENTATION Critical mass resource with complementary major growth projects in one of the world’s underexplored Tier 1 gold-copper-silver-cobalt provinces June 2022 | ASX : AZY
Slide 2: Disclaimer
DISCLAIMER For personal use only Nature of this document: The purpose of this document is to provide general information about Antipa Minerals Disclaimer: No representation or warranty, express or implied, is made by the Company that the material Limited (the ‘Company’). Unless otherwise stated here
Slide 3: Minyari Dome Project
MINYARI DOME PROJECT For personal use only 100% ANTIPA 1 Critical mass resource Sizeable stand-alone project potential Now a critical mass resource Strategically significant location with sizeable stand-alone project potential 2 35km from the Telfer mine and processing facility 1.8 Outstanding furth
Slide 4: The Antipa Minerals Portfolio
THE ANTIPA MINERALS PORTFOLIO Commanding exploration and development position in a premier gold and copper location 2.7 For personal use only Moz Broome Port GOLD ONLY STAND-ALONE Hedland ANTIPA MINERALS ATTRIBUTABLE MINERAL PROJECT POTENTIAL Kalgoorlie RESOURCE B Perth Minyari Dome ATTRIBUTABLE 3.8
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT High quality register, strong strategic cornerstone investment For personal use only CAPITAL STRUCTURE | ASX : AZY SHARE REGISTER Share price1 A$ 0.042 9.9% Shares on issue1 3,139.7 M 4.7% 4% Market capitalisation1 A$ 131.9 M 7% Cash2 A$ 8.7 M 74.4% Debt2 Nil EV A$ 123.2 M Newcres
Slide 6: Minyari Dome Project (100%)
For personal use only A MINYARI DOME PROJECT (100%) Critical mass resource with sizeable stand-alone project potential INVESTOR PRESENTATION | 6
Slide 7: Minyari Dome Project (100% Antipa)
A MINYARI DOME PROJECT (100% ANTIPA) Broome Port Hedland ANTIPA Critical mass resource -Scoping Study underway with completion in Q3CY222 MINERALS Kalgoorlie 1.8 Perth For personal use only Moz GOLD ONLY 2022 RESOURCE AT 1.6 g/t Moz WITH 2.6 AT 2.4 g/t GOLD GOLD EQUIV1 EQUIV1 INDICATED RESOURCE 1.0
Slide 8: Minyari Dome Project: Critical mass resource
A MINYARI DOME PROJECT Minyari 1. Critical mass resource (1.5Moz Au, 56.3kt Cu, 540koz Ag, 9.6kt Co) For personal use only 33.9 MT RESOURCE 21.7MT ABOVE 275M DEPTH FIVE DEPOSITS THE OUTSTANDING 2021 GOLD-COPPER- Sundown 77% OF WHICH IS INDICATED RESOURCE SILVER-COBALT (9koz Au, 0.7kt Cu, 5koz Ag, 0.
Slide 9: Strategically significant location
Legend: A MINYARI DOME PROJECT A Minyari Dome (100%) 2. Strategically significant location B Citadel (35%): Rio Tinto JV C Wilki (100%): Newcrest Farm-in For personal use only Paterson Province – Tier 1 gold-copper exploration D Paterson (100%): IGO Farm-in country with serious cobalt and tungsten
Slide 10: Outstanding further prospectivity
A MINYARI DOME PROJECT 3. Outstanding further prospectivity For personal use only Thick pipe like breccia mineralisation starting at surface and remaining open below 670 metres depth The intensity of this style of intrusion related breccia mineralisation can rapidly increase Analogous to the n
Slide 11: Further Mineral Resource Extension Opportunities
A MINYARI DOME PROJECT 3. Outstanding further prospectivity Further Mineral Resource Extension Opportunities For personal use only Minyari Keel Zone Minyari fold nose region untested along a significant plunge extent Minyari Down Plunge High-grade mineralisation open down plunge WACA Down Plun
Slide 12: Maiden Mineral Resource Opportunities
A MINYARI DOME PROJECT 3. Outstanding further prospectivity Maiden Mineral Resource Opportunities For personal use only Minyari North Coincident magnetic-high and IP chargeability anomaly approx. 400m north of Minyari with 2021 drilling intersecting encouraging alteration including sulphides GP0
Slide 13: Prioritising project advancement
A MINYARI DOME PROJECT (100% ANTIPA) 4. Prioritising project advancement For personal use only CY22 CY23 MINYARI Q2 Q3 Q4 Q1 Q2 Q3 Q4 DOME Scoping RAPID Study1 ADVANCEMENT FOCUS New target finalisation Drill test multiple prospects and STUDIES new targets1 + MINERAL RESOURCE Targeted Pre- EXPANSION
Slide 14: Proven value creators: Discovery, advancement and development
A MINYARI DOME PROJECT 5. Proven value creators: Discovery, advancement and development For personal use only Stephen Power Roger Mason Mark Rodda Peter Buck Gary Johnson Luke Watson Non-executive Chairman Managing Director Executive Director – Non-Executive Director Non-Executive Director CFO and C
Slide 15: Complementary Major Growth Projects
For personal use only COMPLEMENTARY MAJOR GROWTH PROJECTS B CITADEL JV (35% Antipa and 65% Rio Tinto) C WILKI FARM-IN (100% Antipa - Newcrest Mining Ltd farming in) D PATERSON FARM-IN (100% Antipa - IGO Ltd farming in) INVESTOR PRESENTATION | 15
Slide 16: Citadel JV Project (35%)
B CITADEL JV PROJECT (35%) Significant gold-copper-silver resource For personal use only 1.2 GOLD Moz STRATEGIC JOINT VENTURE WITH EQUIVALENT1 RIO B ATTRIBUTABLE RESOURCE2 TINTO2 WITHIN 108 MT MINERAL RESOURCE 45 OF km Au 2.4 Moz (0.85 Moz attrib.) at 0.72 g/t RIO’S WINU Cu 162 kt (56.7 kt attrib.)
Slide 17: Citadel JV: Geology and scale suggest growth potential
B CITADEL JV PROJECT (35% ANTIPA) Geology and scale suggests substantial growth and development potential For personal use only Calibre deposit (shown right) Inferred Mineral Resource 92Mt at 0.72 g/t gold, 0.11% copper and 0.46 g/t silver for 2.1Moz gold, 104kt copper and 1.3Moz silver 1.7km lo
Slide 18: Citadel JV: Winu satellite and stand-alone potential
B CITADEL JV PROJECT (35% ANTIPA) Both Winu satellite and stand-alone project potential For personal use only Minyari deposit Havieron deposit CITADEL WINU 35% 65% 100% 108Mt 1,200km2 GOLD RESOURCE OF PROJECT AREA 608Mt COPPER RESOURCE TIER POTENTIAL 1 AT AT FIRST ORE 0.72 g/t 11,000m DRILL 0.40% SC
Slide 19: Citadel JV: Exploration programme and forward plan
B CITADEL JV PROJECT (35% ANTIPA) Exploration programme and forward plan For personal use only Focused on greenfield gold-copper discoveries and the ongoing evaluation of a potential development opportunity at Calibre Key components of CY 2022 programme:1 11,000m RC and Diamond Core Drill Prog
Slide 20: Wilki Farm-In Project
C WILKI FARM-IN PROJECT A compelling greenfield opportunity For personal use only MASSIVE ATTRACTIVE FARM-IN AGREEMENT WITH A$60M 2,200km 2 NEWCREST SPEND FOR 75% JV LAND MINING1 C INTEREST HOLDING +A$6M C WITHIN SPENT BY NEWCREST TO 3 km DATE OF THE C C 2.4 MT MINERAL RESOURCE TELFER GOLD-COPPER- S
Slide 21: Wilki Farm-In: Exploration programme and forward plan
C WILKI FARM-IN PROJECT Exploration programme and forward plan For personal use only Greenfield exploration focus for Havieron and Telfer analogue targets primarily under shallow cover Key components of CY 2022 programme:1 Drill programmes to direct drill test priority targets with similar cha
Slide 22: Paterson Farm-In Project
D PATERSON FARM-IN PROJECT Limited historic drilling, massive potential D For personal use only LARGE ATTRACTIVE FARM-IN AGREEMENT WITH A$30M 1,550km IGO 2 1 SPEND FOR 70% JV INTEREST LAND HOLDING ANTIPA FREE CARRIED TO COMPLETION OF FEASABILITY STUDY WITHIN +A$4M 22 km SPENT BY IGO TO DATE OF THE G
Slide 23: Paterson Farm-In: Exploration programme and forward plan
D PATERSON FARM-IN PROJECT Exploration programme and forward plan For personal use only Greenfield exploration focus for Nifty, Winu, Telfer and Havieron analogue targets under shallow cover Two major components of the CY 2021 programme identify multiple priority greenfield targets: Air core d
Slide 24: Highlights
For personal use only HIGHLIGHTS INVESTOR PRESENTATION | 24
Slide 25: Emerging as a Tier 1 Gold and Copper Business
EMERGING AS A TIER 1 GOLD AND COPPER BUSINESS Investment highlights For personal use only OUTSTANDING Paterson region has been historically underexplored Prospective frontier for the discovery of multi-cycle, tier-one gold-copper LOCATION deposits PROXIMAL TO THE TELFER MINE AND HAVIERON AND I
Slide 26: Contact
CONTACT Managing Director For personal use only Mr Roger Mason E: [email protected] Executive Director Mr Mark Rodda E: [email protected] Media Relations Mr Michael Vaughan Fivemark Partners E: [email protected] T : +61 422 602 720 Corporate Office Level
Slide 27: Appendix
For personal use only APPENDIX INVESTOR PRESENTATION | 27
Slide 28: Mineral Resource: Minyari Dome
MINERAL RESOURCE Minyari Dome For personal use only Minyari Dome Project (100%)1 Deposit Au cut-off Category Tonnes (Mt) Au grade (g/t) Cu grade (%) Ag grade (g/t) Co (%) Au (oz) Cu (t) Ag (oz) Co (t) Minyari 0.5 Au Indicated 15.00 1.17 0.19 0.54 0.04 567,000 27,800 259,600 5,930 Minyari 0.5 Au Infe
Slide 29: Mineral Resource: Advanced exploration optionality
MINERAL RESOURCE Advanced exploration optionality For personal use only Citadel Project (Antipa 35% and Rio Tinto 65% JV) Deposit Au cut-off Category Tonnes (Mt) Au equiv. (g/t) Au grade (g/t) Cu grade (%) Ag grade (g/t) Au equiv. (Moz) Au (Moz) Cu (t) Ag (Moz) Calibre 0.5 Au Inferred 92 0.92 0.72 0
Slide 30: JV and Farm-In Project Summary
JV AND FARM-IN PROJECT SUMMARY Citadel Joint Venture – Antipa 35% : Rio Tinto 65% (Rio earnt 65% by sole funding A$25M) ~1,200km2 Citadel JV Project just 45km from Rio Tinto’s Winu copper-gold-silver project For personal use only Existing combined Mineral Resource: 2.4Moz gold at 0.72 g/t and 16
Slide 31: Shallow Depth of Younger Cover: First Mover Advantage
SHALLOW DEPTH OF YOUNGER COVER –FIRST MOVER EXPLORATION AND DEVELOPMENT ADVANTAGE For personal use only ~50% OF ANTIPA TENEMENTS ARE UNDER LESS THAN 20 metres OF COVER ~80% OF ANTIPA TENEMENTS ARE UNDER LESS THAN 80 metres OF COVER INVESTOR PRESENTATION | 31
Slide 32: Minyari Gold-Copper-Silver-Cobalt Deposit
MINYARI GOLD – COPPER – SILVER - COBALT DEPOSIT For personal use only MINYARI DRILL HOLE 20MYD0194 23.0m at 4.5 g/t gold, 0.4% copper and 1.0 g/t silver from 549.0m Core Photo from 548.82m to 553.4m MINYARI DRILL HOLE MHC20001 16.0m at 2.5 g/t gold, 0.5% copper and 1.9 g/t silver from 614.0m Core Ph
Slide 33: WACA Gold-Copper-Silver ± Cobalt Deposit
WACA GOLD – COPPER – SILVER ± COBALT DEPOSIT • WACA Resource Opportunity For personal use only WACA gold-copper mineralisation extends along 650m of strike, across a horizontal width of up to 100m, down to 510m below surface with a moderate northwesterly plunge similar to Minyari, and remains open i
Slide 34: Havieron Gold-Copper Deposit
HAVIERON GOLD - COPPER DEPOSIT For personal use only 1. Havieron deposit is the subject of a farm-in and joint venture agreement with Newcrest Mining Ltd able to earn up to a 70% joint venture interest via total expenditure of US$65m (Refer to ASX and AIM releases 12 March 2019). 2. Refer Greatland
Slide 35: Comparison of the Minyari and Havieron Cores
COMPARISON OF THE MINYARI AND HAVIERON CORES For personal use only MINYARI AND HAVIERON MINYARI DRILL HOLE SIMILARITIES 20MYD0194 (548.82m to 553.4m) Meta-sedimentary and felsic to mafic intrusive host rocks Intense hydrothermal alteration Breccia style mineralisation, including fracture and c
Slide 36: Telfer Gold-Copper-Silver Operation
TELFER GOLD – COPPER - SILVER OPERATION • Gold production gap For personal use only Newcrest Mining Ltd’s (NCM) group production profile - Focus just on the orange area (i.e. Telfer+Havieron)1 Note NCM’s diminishing production from the Telfer hub (35km from Minyari) from FY24 onwards 1 1. Sources: G
Antipa Minerals — Australian Gold Conference (June 2022) on 6ix