Antipa Minerals Limited · ASX:AZY
Antipa Minerals — London 121 Conference (May 2018)
25 slides from Antipa Minerals's conference presentation, May 17, 2018
Slide 1: Realising Potential in the Paterson Province
For personal use only Realising Potential in the Paterson Province ASX Code : AZY www.antipaminerals.com.au
Slide 2: Important Notice / Disclaimer
IMPORTANT NOTICE / DISCLAIMER Nature of this document: The purpose of this document is to provide general information about Antipa Minerals Limited (the ‘Company’). Unless otherwise stated herein, the information in this document is based on the Company’s own information and estimates. In viewing th
Slide 3: Compelling Investment Proposition
COMPELLING INVESTMENT PROPOSITION • Dominant and sort after position in World Class Paterson Province in Western Australia For personal use only • 100% owned, shallow, high-grade gold, copper, cobalt resource with significant exploration upside • Near term development potential • $60M Rio Tinto farm
Slide 4: Our Assets – World Class Mining District
OUR ASSETS – WORLD CLASS MINING DISTRICT For personal use only 4
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT (ASX:AZY) Capital Structure Share Price (LTM) 29 January 2018 Final 2017 air core drilling 0.03 results from 12,571m Minyari 50 For personal use only Shares on Issue 1,173M Dome drill programme 27 March 2018 Rio Tinto Citadel 45 0.025 farm-in exploration 40 Market Cap (undiluted a
Slide 6: 2018 Focus - Unlocking the Province's Next Mine Development Opportunity
2018 FOCUS - UNLOCKING THE PROVINCE’S NEXT MINE DEVELOPMENT OPPORTUNITY Minyari and WACA Deposits For personal use only • Extend open pittable mineralisation at Minyari and WACA deposits along strike from current resources • Evaluate Minyari Dome satellite targets Tim’s Dome and Chicken Ranch • Eval
Slide 7: Minyari Dome – Established High-Grade Open Pitable Resource
MINYARI DOME – ESTABLISHED HIGH-GRADE OPEN PITABLE RESOURCE • 100% owned For personal use only Extensional + Other Air Core Targets shown in red • Minyari-WACA Resource - Exploring for extensions • Indicated and Inferred Mineral Resources of 11Mt grading 2.0 g/t Au, 0.24% Cu, 380ppm Co and 0.7 g/t s
Slide 8: Minyari Dome – Established High-Grade Open Pitable Resource (Continued)
MINYARI DOME – ESTABLISHED HIGH-GRADE OPEN PITABLE RESOURCE (Continued) For personal use only 8
Slide 9: Tim's Dome – High-Grade Gold Opportunity
TIM’S DOME – HIGH-GRADE GOLD OPPORTUINITY • Tim’s Dome • Gold ± copper mineralisation can commence from 1m For personal use only • Up to 200m wide gold bearing corridor over 4 km long • Re-emergence of the Telfer Dome structures & mine host sequence • Potential for high-grade Telfer Reef & Vein Styl
Slide 10: Tim's Dome – High-Grade Gold Opportunity (Continued)
TIM’S DOME – HIGH-GRADE GOLD OPPORTUINITY (Continued) West East • Drilling almost exclusively focussed For personal use only on the sub-cropping western side of Tim’s Dome • Telfer1 high-grade Reef and vein style High-Grade conceptual targets on eastern side of Target Areas Tim’s Dome, beneath shall
Slide 11: Chicken Ranch – High-Grade Gold Opportunity
CHICKEN RANCH – HIGH-GRADE GOLD OPPORTUNITY • Chicken Ranch • High-grade gold mineralisation from as shallow as 1m For personal use only • Mineralisation along a 3 km strike length within four or more parallel mineralised gold trends • Location • Just 15 km from Telfer and 25 km from Minyari-WACA •
Slide 12: World-Class Exploration Potential
WORLD-CLASS EXPLORATION POTENTIAL • Huge exploration upside • Underexplored and shallowly covered granted tenure in world-class For personal use only province: • 50% of Antipa’s portfolio is under 0 to 20m cover; and • 30% of Antipa’s portfolio is under 20 to 80m cover. • Thin cover preserves explor
Slide 13: Strong Value Proposition Relative to Peers
STRONG VALUE PROPOSITION RELATIVE TO PEERS Explorers AZY excl. Citadel Project Developers AZY incl. Citadel Project For personal use only Excl. Glenburgh Average A$ EV per resource gold ounce Developer – Average = A$88/oz Explorer – Average = A$58/oz 3 1 2 Data collected as per Capital IQ and Compan
Slide 14: Key Investment Takeaways
KEY INVESTMENT TAKEAWAYS ANTIPA MINERALS For personal use only UNLOCKING THE PATERSON PROVINCE TIER ONE UNDER-EXPLORED EXPLORATION PORTFOLIO OUTSTANDING OPPORTINITY TO ADD SIGNIFICANTLY TO ITS EXISTING MINYAR/WACA RESOURCE EVALUATION OF THE LARGELY UNTESTED TIM’S DOME ‘TELFER REEF STYLE’ HIGH GRADE
Slide 15: Contacts
For personal use only Contacts Executive Chairman Managing Director Mr Stephen Power Mr Roger Mason E: stephen.power@antipaminerals.com.au E: roger.mason@antipaminerals.com.au Corporate Office PO Box 795 Level 2, 16 Ord Street West Perth WA 6872 West Perth WA 6005 T: +61 8 9481 1103 F: +61 8 9481 01
Slide 16: World Class Mineral Province
WORLD CLASS MINERAL PROVINCE For personal use only 16
Slide 17: Minyari, WACA, Calibre and Magnum Mineral Resource Statements
MINYARI, WACA, CALIBRE AND MAGNUM MINERAL RESOURCE STATEMENTS North Telfer Project For personal use only *0.5 Au = Using a 0.5 g/t gold cut-off grade above the 50mRL (NB: potential “Open Cut” cut-off grade) *1.7 Au = Using a 1.7 g/t gold cut-off grade below the 50mRL (NB: potential “Underground” cut
Slide 18: Unlocking the Province's Next Mine Development Opportunity
UNLOCKING THE PROVINCE’S NEXT MINE DEVELOPMENT OPPORTUNITY North Telfer and Paterson Projects • 4,100 km2 of highly prospective 100% owned ground For personal use only • Tenements within 3 km of Newcrest’s Telfer Mine • Shallow cover to sub-cropping • Limited to no exploration for 20 to 30 years • M
Slide 19: Tim's Dome – High-Grade Gold Opportunity
TIM’S DOME – HIGH-GRADE GOLD OPPORTUINITY For personal use only Telfer to Tim’s Dome Interpreted Long Section (looking Telfer mine grid west) • Re-emergence at Tim’s Dome of the Telfer Dome structures and mine host sequence • Tim’s Dome high-grade Telfer reef and vein style gold ± copper mineralisat
Slide 20: Chicken Ranch – High-Grade Gold Opportunity
CHICKEN RANCH – HIGH-GRADE GOLD OPPORTUNITY For personal use only 50m 50m • Chicken Ranch high-grade gold ± copper mineralisation potential poorly tested: • Steeply plunging high-grade gold shoots not recognised by previous explorers - Many shoots remain open or untested • Largely shallow drilling –
Slide 21: Preservation of World-Class Exploration Potential
PRESERVATION OF WORLD-CLASS EXPLORATION POTENTIAL • Thin cover preserves exploration opportunity: • Eastern Paterson Province areas < 80m of cover: For personal use only • Antipa Tenements = 56% • Other Companies’ Tenements = 44% (NB: Newcrest = 14%) • Inhibited previous explorers (1970’s to mid-199
Slide 22: Citadel Project – Rio Tinto Farm-in and Joint Venture
CITADEL PROJECT – RIO TINTO FARM-IN AND JOINT VENTURE • Rio Tinto $60m Staged Earn-In • Rio to incur $60m total exploration expenditure for up to 75% For personal use only interest • Note: Rio has the right to withdraw from the earn-in at the end of a programme year. • Calibre Deposit (gold, copper,
Slide 23: Notes Competent Persons Statement
NOTES COMPETENT PERSONS STATEMENT 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 a
Slide 24: Notes Competent Persons Statement (Continued)
NOTES COMPETENT PERSONS STATEMENT Continued from previous page: • Report entitled “Minyari Dome Phase 1 Final Assay Results – Further Drilling Commencing September” created on 31 August 2017; • Report entitled “Citadel Project Exploration Update” created on 2 October 2017; • Report entitled “North T
Slide 25: ASX Code: AZY
For personal use only ASX Code : AZY www.antipaminerals.com.au