Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (March 2020)
18 slides from Canterbury Resources's investor presentation, Mar 5, 2020
Slide 1: Investor Update March 2020
For personal use only Investor Update March 2020
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement For personal use only This presentation has been prepared by Canterbury Resources Limited ACN 152 189 369 (Canterbury or the Company) on the basis of information available as at 4 March 2020, for the purpose of continuous disclosure, on the basis of informat
Slide 3: Canterbury Resources Limited
Canterbury Resources Limited ASX: CBY For personal use only Generating potential Tier-1 copper-gold opportunities in the southwest Pacific – very high leverage to exploration success Portfolio approach; partnering with majors to defray exploration risk and cost Managed by resource professionals with
Slide 4: Board and Company Secretaries
For personal use only Non-executive Chairman John Anderson Managing Director Grant Craighead Executive Director Michael Erceg Non-executive Directors Robyn Watts Ross Moller Company Secretaries Ross Moller Véronique Morgan-Smith 4
Slide 5: Project Overview
Project Overview For personal use only Queensland – Multiple Cu (± Au, ± Mo) Porphyry Systems • Briggs (CBY 100%) – systematic testing of a large porphyry Cu deposit • 2019 drilling intersected very broad intervals of copper mineralisation over a strike length of up to ~600m, widths of up to 400m an
Slide 6: SE Queensland Projects - CBY 100%
SE Queensland Projects - CBY 100% For personal use only Briggs & Mannersley Acquired from Rio Tinto in 2017 • RTX has a 1% NSR, plus a back-in right for a 60% JV interest, triggered by a +$1 billion in situ resource • Back-in involves a $15m payment to Canterbury, plus sole-funding $50m of JV expend
Slide 7: Briggs – 2019 Drill Program
Briggs – 2019 Drill Program For personal use only 7
Slide 8: Briggs – 2019 Drill Program
Briggs – 2019 Drill Program For personal use only • Copper porphyry systems historically outlined over a ~2km strike length • CBY drilled 5 holes in 2019 at the Central Porphyry Zone over a ~600m strike, up to 400m width and to at least 600m depth. Remains open in all directions. • All holes encount
Slide 9: Briggs Composite Section
Briggs Composite Section For personal use only Central Porphyry Mineralisation • Granodiorite porphyry (GDP) and surrounding sediments host copper mineralisation as quartz-vein hosted and disseminated chalcopyrite • Better grades occur at the GDP/sediment contacts and in a broad zone centred on a ma
Slide 10: Briggs Deposit – Higher Grade Features
Briggs Deposit – Higher Grade Features For personal use only Selected core photos of copper mineralisation from BD019-003 & BD019-004 Massive quartz interval in BD019-003 28m at 0.83% Cu in the “out-flow” zone BD019-004 in ‘western margin’ zone. Multiphase quartz-chalcopyrite and quartz-k-feldspar v
Slide 11: Bismarck Project Overview
Bismarck Project Overview For personal use only Large Cu-Au Porphyry Systems in Central Manus Island, PNG • Rio Tinto sole-funding exploration to increase JV interest from 60% to 80% • Geophysical surveys & surface sampling identified major targets hidden beneath an advanced argillic alteration lith
Slide 12: PNG Mainland Projects
PNG Mainland Projects For personal use only Focussed on Potential Tier-1 Cu-Au Systems • All projects have historical drilling demonstrating the existence of fertile copper- gold porphyry style mineralisation systems • Prospects are relatively accessible, supporting efficient exploration CBY has ext
Slide 13: Ekuti Range Project – CBY 100%
Ekuti Range Project – CBY 100% For personal use only Epithermal Au Lodes Overlying Cu-Au Porphyry Systems • Historical drilling tested high grade lodes at Otibanda e.g. • OTI-003: 2.2m at 16.6g/t Au, 2.0% Cu • OTI-006: 2.5m at 15.3g/t Au, 0.3% Cu & 0.8m at 25.6g/t Au, 0.4% Cu • CBY scout drilling at
Slide 14: Schematic Geological Model of Ekoato Prospect
Schematic Geological Model of Ekoato Prospect For personal use only Ekoato Program • 2019 drilling tested a zone of mineralised hydrothermal breccia overlying an interpreted intrusive (porphyry) • Significant Cu-Au discoveries are noted at Ok Tedi in a comparable setting • A high grade gold structur
Slide 15: Yalua – A New Copper Prospect
Yalua – A New Copper Prospect For personal use only • Located in the southern portion of the Ekuti Range tenements • A significant copper-molybdenum anomaly, including: • A central dioritic intrusion mapped over 500m • Quartz-sulphide (pyrite & chalcopyrite) vein stockwork in surrounding sediments •
Slide 16: Wamum – Application
Wamum – Application For personal use only Proximal to Wafi-Golpu • Located immediately northwest of Newcrest-Harmony’s world-class Wafi-Golpu Project • CBY personnel drilled the Golpu discovery hole (Elders Resources / CRA JV) • WR95: 263m at 1.86% Cu & 0.27g/t Au • The application area covers known
Slide 17: Canterbury Resources Summary
Canterbury Resources Summary For personal use only A High Leverage Copper-Gold Explorer • Southwest Pacific exploration experts, with a successful track record • Strong portfolio of large scale Cu-Au and Au-Ag prospects established in proven mineral provinces • Cu-Au porphyry explorers provide very
Slide 18: Thank You
For personal use only Thank You 18
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