Antilles Gold Ltd · ASX:AAU
Antilles Gold — Investor Presentation (July 2024)
22 slides from Antilles Gold's investor presentation, Jul 4, 2024
Slide 1: Investor Presentation for Webinar (ASX announcement)
4 July 2024 INVESTOR PRESENTATION FOR WEBINAR Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) advises that the attached Investor Presentation will be referred to in the Company’s webinar at 11:00 AEST/9:00 AWST on 5 July 2024. For personal use only The Presentation
Slide 2: For personal use only
For personal use only
Slide 3: Investor Presentation 1 July 2024
For personal use only ASX : AAU | OTCQB : ANTMF Antilles Gold is Developing Gold and Copper Projects in Mineral Rich Cuba in a Joint Venture with the Government’s Mining Company, GeoMinera. Investor Presentation 1 July 2024 Drilling El Pilar Porphyry Copper Deposit, Cuba
Slide 4: Forward-Looking Statement and Disclaimer
1 Forward-Looking Statement Disclaimer For personal use only Some of the statements contained in this Presentation Actual results and developments may differ materially AAU makes no representation or warranty (express or are forward-looking statements, such as statements that from those contemplated
Slide 5: Antilles Gold joint venture with GeoMinera in Cuba
Antilles Gold is participating in the development of gold and copper 2 mines, and the exploration of porphyry copper deposits in mineral rich Cuba, through a 50:50 joint venture with GeoMinera. For personal use only The joint venture company, Minera La Victoria SA (“MLV”), has assembled an impressiv
Slide 6: Minera La Victoria
For personal use only Minera La Victoria 3
Slide 7: Strategy of Joint Venture
4 Strategy of Joint Venture The following strategy should assist Minera La Victoria to meet its objective of developing into a For personal use only substantial, broadly based mining company in Cuba ▪ Q4 2024 - Commence construction of the relatively small Nueva Sabana gold-copper mine. ▪ Q3 2025 -
Slide 8: Potential Growth in Value of Minera La Victoria
5 Potential Growth in Value of Minera La Victoria ▪ MLV has a founding capital of US$30.0M For personal use only ▪ Antilles Gold has contributed US$13.6M of its US$15.0M earn-in for a 50% shareholding with the balance committed by December 2024 ▪ Scoping Studies for the Nueva Sabana and La Demajagua
Slide 9: Why Antilles Gold is focused on Cuba
6 Why Antilles Gold is focused on Cuba For personal use only ▪ Cuba is mineral rich, and under-explored, with low operating costs and mineral royalties ▪ The Government is encouraging foreign investment in the mining sector, and has realistic mining and environmental regulations, with the partnershi
Slide 10: Nueva Sabana Gold-Copper Mine (Stage One)
7 Nueva Sabana Gold-Copper Mine (Stage One) For personal use only The Nueva Sabana open pit mine is planned to be developed in the near term on the gold-copper oxide deposit overlaying the El Pilar porphyry copper deposit in central Cuba, to produce gold, and copper-gold concentrates for export. ▪ T
Slide 11: Nueva Sabana Gold-Copper Mine: Initial Mineral Resource Estimate
Nueva Sabana Gold - Copper Mine (Stage One) For personal use only 8 Mining Associates Pty Ltd - Initial MRE to RL-100m (approximately 150m from surface)* above a cut off of 0.25% copper, and 0.3g/t gold Material Resource Gold Gold Copper Copper Notes by Mining Associates Pty Ltd Type Category Tonnes
Slide 12: Nueva Sabana Gold-Copper Mine: Scoping Study
9 Nueva Sabana Gold - Copper Mine (Stage One) For personal use only ▪ A Scoping Study for the project was completed, and reported to ASX on 7 May 2024 based on the first stage of the pit being limited to 100m depth, with a 4 year life at a mining rate of 500,000tpa of ore ▪ With additional explorati
Slide 13: Nueva Sabana: Highlights of Financial Analysis
10 Nueva Sabana Gold - Copper Mine (Stage One) US$M HIGHLIGHTS OF FINANCIAL ANALYSIS FOR NUEVA SABANA MINE (STAGE ONE) For personal use only ▪ Pre-Development Costs 5.0 ▪ Mine Development Costs including engineering, construction, 27.0 project management, spares, and first fills ▪ LoM Operating Cost
Slide 14: La Demajagua Gold Mine (Stage One)
11 La Demajagua Gold Mine (Stage One) For personal use only ▪ Mineral Resource Estimate (“MRE”) 905,000 oz Au Eq for open pit* ▪ The 900 haLa Demajagua mining gold-silver-antimony concession on Isle of Youth, 60nm from mainlanddeposit - mineis siteplanned 35km fromto portbe developed initially as an
Slide 15: La Demajagua Concentrate Processing Facility
12 La Demajagua Concentrate Processing Facility For personal use only ▪ The project has subsequently been expanded to include a 50,000tpa two-stage fluidized-bed roaster, a CIL circuit, and an antimony recovery circuit to process the gold arsenopyrite concentrate and produce a higher valued gold dor
Slide 16: Copper Exploration Projects: El Pilar Porphyry System
13 Copper Exploration Projects For personal use only El Pilar Porphyry System A 752ha concession in central Cuba held by Minera La Victoria covers the Nueva Sabana gold-copper oxide deposit, and the El Pilar porphyry copper system ▪ The site is flat, unoccupied, and ideally located adjacent to a maj
Slide 17: El Pilar Porphyry System: Surface Mineralisation
14 El Pilar Porphyry System For personal use only Surface Mineralisation at El Pilar Strong phyllic alteration and porphyry D-veins overprinting a copper-gold porphyry system ▪ A 10 hole initial diamond drilling program has demonstrated extensive porphyry style veining, breccias and alteration indic
Slide 18: El Pilar Porphyry System: Drill Holes
15 El Pilar Porphyry System For personal use only DRILL HOLES INTO EL PILAR PORPHYRY TO SOUTH AND SOUTH EAST OF OVERLYING OXIDE DEPOSIT HOLE PDH-004A 134m @ 1.23% Cu from 49m HOLE PDH-045A 3.0m @ 0.95% Cu from 74m (pXRF Readings) 3.0m @ 1.73% Cu from 150m 6.0m @ 2.20% Cu from 190m 12.0m @ 1.27% Cu f
Slide 19: Sierra Maestra Copper Belt
16 Sierra Maestra Copper Belt For personal use only ▪ A highly prospective area of outcropping copper-gold-molybdenum mineralization has been discovered by Antilles Gold in the Sierra Maestra copper belt in south east Cuba * Competent Person Statement – Christian Grainger PhD. AIG ▪ As a result, two
Slide 20: Experienced Directors
17 Experienced Directors For personal use only Brian Johnson Ugo Cario Non-Executive Chairman Non-Executive Director Mr Johnson is a graduate in civil engineering from the University Mr Cario has over 30 years’ of experience in the Australian mining of Western Australia and a Member of the Institute
Slide 21: Experienced Senior Management
18 Experienced Senior Management For personal use only Dr Jinxing Ji Steve Mertens Technical Director Mining Director Dr Ji highly knowledgeable metallurgist with 6 years of research Mr Mertens is a mining engineer with 20 years’ industry experience experience in universities and 26 years of practic
Slide 22: For more information, please contact
For personal use only For more information, please contact: Brian Johnson Chairman E: brianjohnson@antillesgold.net P: +61 2 481 1740 W: www.antillesgold.net