Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Corporate Update (October 2016)
28 slides from Antipa Minerals's corporate update, October 2016
Slide 1: Company Update October 2016
Company Update October 2016
Slide 2: Disclaimer
Disclaimer Nature of this document: The purpose of this presentation is to provide general information about Antipa Minerals Limited (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates. In attending this presen
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (10 October 2016) Board and Management Ordinary Shares 902.8 million Stephen Power Commercial lawyer with 30 years experience advising participants in the LLB resources industry in Australia and overseas including Africa and South Unlisted Options 96.1 million Am
Slide 4: An Exploration Company with a Difference
An Exploration Company with a Difference Large Scale World Class Asset • Three Large Projects – Citadel, North Telfer and Paterson • +4,400 km2 tenement holding in the underexplored but demonstrated World Class Paterson Province in Western Australia extending to within 3km of Telfer Medium and Long
Slide 5: Citadel Project – Rio Tinto Farm-in
Citadel Project – Rio Tinto Farm-in Citadel Project • 1,335km2 under-explored region • Hosts two large mineralised systems – Calibre and Magnum Citadel • Multitude of untested targets Project Rio Tinto Farm-in 2015 Rio may fund up to A$60 million to earn up to a 75% interest in the Citadel Project b
Slide 6: Citadel Project – Rio Tinto Farm-in
Citadel Project – Rio Tinto Farm-in Calibre Deposit Inferred Mineral Resource 47.8Mt at 0.56 g/t Au, 0.17% Cu and 0.60 g/t Ag for 867koz Au, 81kt Cu and 918koz Ag • Multi commodity - gold, copper, silver, tungsten • Large scale mineral system > 1.3km in strike Up to 480m across strike > 550m below s
Slide 7: Citadel Project – 2016 Phase 1 Exploration Programme
Citadel Project – 2016 Phase 1 Exploration Programme Citadel Induced Polarisation (IP) Survey Completed May 2016 Multiple high priority IP chargeability anomalies along a 20km corridor including the Calibre and Magnum deposits • Blue Steel = 500 to 1,000m long (and open) IP anomaly, stronger than Ma
Slide 8: Citadel Project – 2016 Phase 2 Exploration Programme
Citadel Project – 2016 Phase 2 Exploration Programme Extensive Reverse Circulation (RC) Drilling RC Programme to test gold and copper IP and other targets Drilling to commence in the second half of October 2016 and expected to be completed during December • 30 to 40 hole RC drilling programme for ap
Slide 9: North Telfer Project – Focus on Minyari Dome
North Telfer Project – Focus on Minyari Dome North Telfer Project 100% Owned by Antipa Minyari Deposit provides immediate exploration and short term development opportunities: 4.0m @ 6.61 g/t Au, 0.03% Cu • Shallow / high-grade gold / copper with longer term upside • Geologically similar to Telfer D
Slide 10: Minyari High-grade Gold + Copper Mineralisation
North Telfer Project – Minyari High-grade Gold + Copper Mineralisation Oxide Mineralisation Minyari Deposit oxide gold-copper mineralisation commences from as little as 1 metre below the surface Surface Costean sample results were: • 8.0 tonnes at 3.57 g/t gold • 8.0 tonnes at 1.50 g/t gold Primary
Slide 11: Minyari Deposit
North Telfer Project – Minyari Deposit Minyari Deposit high-grade gold ± copper • + 300m strike length • up to 160m in width • up to 60m in thickness • open down dip (from below 100 to 580 vertical metres), and potentially along strike Highlights of 2016 Phase 1 RC Drilling programme of 46 holes (8,
Slide 12: Minyari Dome 2008 IP Survey and 2016 Phase 2 Exploration Programme
North Telfer Project – Minyari Dome 2008 IP Survey and 2016 Phase 2 Exploration Programme Reprocessed 2008 IP Survey identified • Four IP chargeability anomalies across the Minyari Dome along 2.5km strike extent • All either untested or only partially tested with encouraging drill results • Anomaly
Slide 13: Paterson Project – Additional Opportunities
Paterson Project – Additional Opportunities 1,711 km2 of highly prospective ground comes to within 3km of the Telfer Mine Shallow cover to sub cropping Limited to no exploration for 20 years • Predominantly shallow drilling ± surface geochemistry • Limited to no ground based geophysics (i.e. IP or E
Slide 14: Upcoming Exploration Programmes and News Flow
Upcoming Exploration Programmes and News Flow Citadel Exploration Objectives • New mineral discoveries through testing IP anomalies • Test potential extensions to known gold-copper deposits • Identification of a mineral camp potentially capable of sustaining a large scale mining operation Minyari Ex
Slide 15: Unlocking the Paterson Province
Unlocking the Paterson Province Antipa Minerals – Company Update - October 2016 15
Slide 16: Appendices
Appendices Antipa Minerals – Company Update - October 2016 16
Slide 17: North Telfer Project – Minyari Dome
North Telfer Project – Minyari Dome Minyari Dome has geological similarities with the Telfer Dome Limited effective drilling or geophysical surveys beyond the current limits of the Minyari and WACA deposits Minyari deposit oxide mineralisation close to surface and primary mineralisation open at sign
Slide 18: Minyari Deposit Plan View
North Telfer Project – Minyari Deposit Plan View Minyari Deposit high-grade gold ± copper: • + 300m strike length • up to 160m in width • up to 60m in thickness • open down dip (from below 100 to 580 vertical metres), and • potentially along strike 2016 Phase 1 RC Drilling programme of 46 holes (8,0
Slide 19: Minyari Deposit Simplified Cross Sections
North Telfer Project – Minyari Deposit Simplified Cross Sections Antipa Minerals – Company Update - October 2016 19
Slide 20: Minyari Deposit Detailed Cross Sections
North Telfer Project – Minyari Deposit Detailed Cross Sections Antipa Minerals – Company Update - October 2016 20
Slide 21: Minyari Deposit 2016 Phase 2 Exploration Targets
North Telfer Project – Minyari Deposit 2016 Phase 2 Exploration Targets Minyari Deposit Phase 2 Drilling Targets • Extend and evaluate the Minyari deposit high-grade gold-copper mineralisation zones remain open along strike, down dip and/or down plunge via drilling LONG SECTION CROSS SECTION Antipa
Slide 22: WACA Deposit and Cross Sections
North Telfer Project – WACA Deposit and Cross Sections • WACA deposit located just 800m southwest of the Minyari deposit • Limited drilling along 560m of strike and open in several directions – isolated drill hits 280m south along strike (i.e. MWC994-1 ) • Only one drillhole testing deeper than 90 v
Slide 23: Telfer Gold-Copper Deposit - High-Grade Mineralisation
Telfer Gold-Copper Deposit - High-Grade Mineralisation Telfer’s June 2000 U/G Mineral Resource was 3.5 Mt @ 13.8 g/t Au for 1.5Moz Very high-grade (e.g. 16.1m @ 52.2 g/t Au & 2.9% Cu) classic Telfer Reef Style stratabound (thrust related) mineralisation VSC dominated by low-grade high tonnage minera
Slide 24: Minyari Dome – Discovery Opportunity 'Telfer' High-Grade
Minyari Dome – Discovery Opportunity ‘Telfer’ High-Grade Source: M odified after Row ins et al (1998) Antipa Minerals – Company Update - October 2016 24
Slide 25: Paterson Project – Tim's Dome South Deposit (Long Section)
Paterson Project – Additional Opportunities – Tim’s Dome South Deposit (Long Section) Tim’s Dome South deposit - Significant gold mineralisation • Up to 200m wide gold vein bearing corridor over 4km in strike length • Shallow – gold mineralisation commences from as shallow as 1m below the surface wi
Slide 26: Paterson Project – Tim's Dome South Deposit Cross Section
Paterson Project – Additional Opportunities – Tim’s Dome South Deposit Cross Section Antipa Minerals – Company Update - October 2016 26
Slide 27: Citadel Project – Aeromagnetics
Citadel Project – Aeromagnetics Antipa Minerals – Company Update - October 2016 27
Slide 28: NOTES
NOTES Competent Persons Statement – Exploration Results The information in this report that relates to the Exploration Results is extracted from the following: Reports entitled various relating to Citadel Project and North Telfer Project created between 7 September 2011 and 11 October 2016, includin