Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Investor Presentation (October 2015)
35 slides from Antipa Minerals's investor presentation, Oct 9, 2015
Slide 1: 2015 Rio Tinto Farm-In and Drilling Programme
For personal use only 2015 Rio Tinto Farm-In and Drilling Programme Presentation October 2015
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements • This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning For personal use only Antipa Mineral Ltd’s planned exploration programme and other statements that
Slide 3: Corporate Overview
Corporate Overview Capital Structure (30 September 2015) Background & History Ordinary Shares 489.8 million Listed on ASX 19 April 2011 following successful completion of A$10 million IPO For personal use only Options (weighted avg price A$0.0124) 304.0 million Citadel Project acquired from Centauru
Slide 4: Board and Management
Board and Management Stephen Power, LLB • Commercial lawyer with 29 years experience advising participants in the resources industry Executive Chairman in Australia and overseas including Africa and South America. Previously a Non-Executive director of Karoon Gas Australia. For personal use only Rog
Slide 5: Antipa's Big Assets
Antipa’s Big Assets For personal use only Antipa Minerals - Presentation October 2015 5
Slide 6: Paterson Super Project – Prime Real Estate
Paterson Super Project – Prime Real Estate • Three large Projects covering 4,328 km2 across 160 km north to south: • Citadel Project = 1,335 km2 North Telfer Project = 1,253 km2 For personal use only • • Paterson Project = 1,740 km2 • 3,940 km2 granted tenements • Largest granted tenement holder in
Slide 7: Rio Tinto - Antipa Joint Venture - Citadel Project
Rio Tinto - Antipa Joint Venture - Citadel Project • Rio Tinto to fund up to $60M to earn up to a 75% interest in the Citadel Project by incurring exploration expenditure in the following stages and amounts; For personal use only • $3 million within 18 months of execution; • $8 million within a furt
Slide 8: Citadel Project – Magnum Dome Mineral Camp
Citadel Project – Magnum Dome Mineral Camp For personal use only Magnum Dome: • Area just 30km2 • All deposits within 1 to 4 km of each other • Only six prospects diamond or RC drill tested; • Multi-commodity Mineral Camp; • Three mineral deposits discovered • Au, Cu, Ag, Pb, Zn, W • Significant int
Slide 9: Calibre Deposit – Huge Mineral System
Calibre Deposit – Huge Mineral System • Greenfield gold-copper-silver-tungsten discovery late 2012 600 metres • Geophysical anomaly ≥ 2,200m long variable For personal use only width (up to 600m) and up to 630m thick • Mineralisation intersected along 1km of strike, across a horizontal width of up t
Slide 10: Calibre Deposit – High Grade Opportunities
Calibre Deposit – High Grade Opportunities • High and low grade intersections including: – 30.0m at 2.30 g/t Au, 0.20% Cu including: – 6.0m at 6.99 g/t Au, 0.48% Cu, also including; – 1.0m at 22.76 g/t Au, 0.26% Cu For personal use only – 85.0m at 1.27 g/t Au, 0.08% Cu including: – 25.0m at 2.00 g/t
Slide 11: Calibre Deposit – High Grade Opportunity - 11700mN
Calibre Deposit – High Grade Opportunity - 11700mN For personal use only Northern most Calibre drillhole terminated in high-grade gold mineralisation which is increasing in gold grade and is open to the north 250 m Antipa Minerals - Presentation October 2015 11 11
Slide 12: Calibre Phase 2 RC Programme Objectives & Metrics
Calibre Phase 2 RC Programme Objectives & Metrics Phase 2 Calibre North RC Programme objectives: • Extend high grade gold-copper mineralisation to a total strike length of between 1.6 to 3.9km For personal use only • Continue to identify regions of increased gold grade • Strive to identify project d
Slide 13: Southern Paterson Projects – Prime Real Estate
Southern Paterson Projects – Prime Real Estate • Three large Projects abutting the southern boundary of the Citadel Project covering approximately 3,000 km2 across 100 km north to south: For personal use only • North Telfer Project = 1,253 km2 • Paterson Project = 1,573 km2 • Telfer Dome Project = 1
Slide 14: Minyari Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity • Newcrest Mining Leases relinquished in January • Antipa successfully (pending Native Title agreement) applied for amalgamation of the For personal use only mineralised areas into the North Telfer Project • Significant high grade gold mineralisation fr
Slide 15: Minyari Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity For personal use only Minyari Deposit oxide gold mineralisation under less than 1m of cover exposed within (Newcrest) trial open pit (constructed for metallurgical sampling purposes) – Looking north Antipa Minerals - Presentation October 2015 15 15
Slide 16: Notes
For personal use only NOTES
Slide 17: Notes – Competent Persons Statement
Notes Competent Persons Statement – Exploration Target and Exploration Results The information in this report that relates to the Exploration Target and Exploration Results is based on and fairly represents information and supporting documentation prepared by Mr Roger Mason who is a Member of The Au
Slide 18: Calibre Deposit – High Grade Opportunity - 11400mN
Calibre Deposit – High Grade Opportunity - 11400mN For personal use only 450 m Antipa Minerals - Presentation October 2015 19 19
Slide 19: Calibre Deposit – High Grade Opportunity - 11500mN
Calibre Deposit – High Grade Opportunity - 11500mN For personal use only 450 m Antipa Minerals - Presentation October 2015 20 20
Slide 20: Calibre Deposit – High Grade Opportunity - 11600mN
Calibre Deposit – High Grade Opportunity - 11600mN For personal use only 250 m Antipa Minerals - Presentation October 2015 21 21
Slide 21: Calibre Deposit – High Grade Opportunity - 11700mN
Calibre Deposit – High Grade Opportunity - 11700mN For personal use only 250 m Antipa Minerals - Presentation October 2015 22 22
Slide 22: Notes – Calibre Exploration Target
Notes Calibre – Exploration Target: • Exploration Target based on a cut-off grade 1.0 g/t gold: For personal use only Tonnage Range = 143 million tonnes to 257 million tonnes; and Grade Ranges = Gold 1.00 to 1.24 g/t = Copper 0.13 to 0.15% Calibre Exploration Target (Revised) +1.0 g/t Gold - Det
Slide 23: Notes – Calibre Exploration Target basis (continued)
Notes Calibre Exploration Target (Revised) +1.0 g/t Gold - Detailed explanation of the basis for the statement (continued): Grade Range Basis: For personal use only ±10% of the average gold and copper grades as determined from gold and copper laboratory assay grades derived from linear weighted full
Slide 24: Notes: Telfer Deposit Scale
Notes: Telfer Deposit Scale (Telfer Dome 1972 Pre-mining) For personal use only 7 km Source: Newcrest Technical Report on the Telfer Property WA – 2013 December 31: NCM Website: http://www.newcrest.com.au/media/resource_reserves/Technical%20Reports/FINAL_Technical_Report_on__Telfer_Property_December
Slide 25: Magnum & Minyari Domes – Telfer High Grade Opportunity
Magnum & Minyari Domes – “Telfer” High Grade Opportunity Mineralisation: = Reef Style High-grade gold For personal use only = Breccia Style target zones = Stockwork vein style Magmatic Approx. Erosion Level fluids 1000 – 2000m Sediment derived fluids (reduced?) convected by granite heat W-Pb-Zn-Cu±A
Slide 26: Telfer High Grade - Analogue for Calibre and Minyari
Telfer High Grade - Analogue for Calibre and Minyari Telfer’s June 2000 U/G Mineral Resource was 3.5 Mt @ 13.8 g/t Au for 1.5Moz For personal use only 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
Slide 27: Telfer Dome Syn-mining
Telfer Dome Syn-mining For personal use only 5.4 km 3.4 km 3.1 km Source: Newcrest Public Report Source: Google Earth image 2014 Ultimate Pit Depth 500 to 600m Source: Newcrest Public Report Antipa Minerals - Presentation October 2015 28 28
Slide 28: Telfer Dome vs Magnum Dome
Telfer Dome vs Magnum Dome (NB: Minyari Dome also) Corker For personal use only Calibre 7 km Magnum Trigger Telfer Dome Plan Showing Ore Grade Control Drilling Telfer Dome Superimposed On Magnum Dome (dense masses of blue and red dots) Source: Newcrest Technical Report on the Telfer Property WA – 20
Slide 29: Notes: Telfer Deposit Scale High Grade
Notes: Telfer Deposit Scale High Grade • Telfer’s current tag as a low grade deposit is the direct result of commercial and mining decisions made during the first half of the 2000’s For personal use only • Telfer was a high-grade producer for the first 23 years of its life (producing 6 Moz from 1977
Slide 30: Notes: Telfer Deposit Scale High Grade
Notes: Telfer Deposit Scale High Grade • Telfer also hosts high-grade cross-cutting tensional vein style mineralisation: For personal use only – Five vein systems identified (c2003) – Gold grades 10 to 120 g/t – Copper grades 0.5 to 4.0% – Ore thickness 0.5 to 2.0 metres – >250 metres strike length,
Slide 31: Minyari Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity For personal use only Source: Newcrest Public Report Source: Google Earth image 2014 Source: Newcrest Public Report Antipa Minerals - Presentation October 2015 32 32
Slide 32: Minyari Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity For personal use only Source: Newcrest Public Report Source: Google Earth image 2014 Source: Newcrest Public Report Antipa Minerals - Presentation October 2015 33 33
Slide 33: Minyari Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity For personal use only Source: Newcrest Public Report Source: Google Earth image 2014 Source: Newcrest Public Report Antipa Minerals - Presentation October 2015 34 34
Slide 34: Antipa Paterson Province Projects – Depth of Cover
Antipa Paterson Province Projects – Depth of Cover For personal use only Source: Newcrest Public Report Source: Google Earth image 2014 Source: Newcrest Public Report Antipa Minerals - Presentation October 2015 35 35
Slide 35: Paterson Province – Discovery Opportunity
Paterson Province – Discovery Opportunity • Opportunity Preservation • Greater than 85% of the Paterson Province’s highly prospective Proterozoic rocks are concealed beneath a veneer of younger Phanerozoic cover, incl. thin dune deposits • Limited to no exploration for 15 to 25 years (no state-of-th
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