Anax Metals Limited · ASX:ANX
Anax Metals — Investor Presentation (March 2021)
20 slides from Anax Metals's investor presentation, Mar 2, 2021
Slide 1: Near Term Copper-Zinc Production Potential with Gold Exploration Upside
For personal use only Near Term Copper-Zinc Production Potential with Gold Exploration Upside 80% interest in Whim Creek Copper-Zinc Project ASX: ANX March 2021
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Anax Metals Limited (the Company) based on information from its own, and third-party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch o
Slide 3: Company Strategy and Placement
For personal use only (“Anax” meaning Leader in Ancient Greek) Company Strategy: To monetise advanced assets using smart technology through it’s 80% interest in the Whim Creek Copper-Zinc Project; AND Exploring for significant new gold discoveries at the Whim Creek Project, in the Pilbara gold provi
Slide 4: Rapid Progress since November 2020 re-listing
For personal use only Rapid Progress since November 2020 re-listing milestones achieved to date ✓ Nov 20: Re-listed and commenced trading on ASX – $2m raised (66.7m shares @ $0.03 per share) ✓ Nov 20: Drilling campaign completed at Mons Cupri and Whim Creek ✓ Dec 20: 1st phase of gold exploration co
Slide 5: What's Next
For personal use only What's Next • Gold and Base metal exploration programmes • Extensive soil/Geochem programs to vector in on gold targets • Geophysics for VMS targeting • JORC 2012 Resource for Whim Creek • Exploration target to be upgraded to resources and included in the study • Expanded study
Slide 6: Anax Capital Structure and Board and Management
For personal use only Anax Capital Structure Shareholder Groups Total Shares on Issue after placement 350M BOARD AND MANAGEMENT 14.36% Market Cap @6.8c $23.8M TOP 20 55.1% Est Cash at Bank after placement and costs $6.5M EV $17.3M Significant Shareholders Value of listed investments $1.9M Predictive
Slide 7: The Anax Strategy for Whim Creek - Base Metal Project in a Golden Province
The Anax Strategy for Whim Creek - Base Metal Project in a Golden Province Dual development and exploration strategy: For personal use only • Develop and monetise the advanced base metal project with defined measured and indicated resources and significant usable site infrastructure • Provide levera
Slide 8: Copper-Zinc Project
Whim Creek Copper-Zinc Project • Near-term development - brownfields site 115km SW of Port Hedland with existing infrastructure and approvals (subject to For personal use only EPN compliance) • A clear path to production – Project amenable to open pit mining at Mons Cupri, Whim Creek and Evelyn and
Slide 9: VHMS/Base Metal Drilling Delivers Exceptional High-Grade Results
VHMS/Base Metal Drilling Delivers Exceptional High-Grade Results • Recently completed metallurgical diamond drilling delivered For personal use only multiple zones of near-surface, high-grade Cu-Zn-Pb mineralisation – tens-of-meters in thickness – at Mons Cupri target at Whim Creek.* • 11m @ 5.01% Z
Slide 10: Historic Drilling Results From Mons Cupri
Historic Drilling Results From Mons Cupri For personal use only Mons Cupri Oblique Section showing 20AMCD002 and select previous drill holes. Note: A number of holes have been omitted from the section for ease of display; only the most significant intervals are displayed - Refer to ANX ASX Announcem
Slide 11: Key Studies underway
For personal use only Key Studies underway • Mining and associated geotechnical studies • Environmental studies including • Surface and ground water • Flora and fauna • Closure • Phase II Ore Sorting testwork • Metallurgical testwork including: • Heap leaching • Gravity separation • Comminution flot
Slide 12: Existing Infrastructure suited to Development Strategy
Whim Creek – Existing Infrastructure suited to Development Strategy For personal use only The Whim Creek project has substantial existing infrastructure ideally suited to the Company’s development strategy and expected to facilitate a rapid path to production. Infrastructure in place includes: • Hea
Slide 13: Environmental Site Improvements
Whim Creek – Environmental Site Improvements • Whim Creek is subject to an Environmental Protection Notice (EPN). • EPN Risks and site improvements were fully disclosed in the Company’s prospectus dated 18 September 2020 For personal use only • These works will facilitate site improvement, ultimatel
Slide 14: Project - Gold Exploration Potential
Whim Creek Project - Gold Exploration Potential • Located in the highly prospective Archean granite-greenstone gold region of the Pilbara • Adjoining De Grey tenements, notable for the Mallina Resource and the For personal use only recent Hemi discovery • Anax has defined deep-seated structures to f
Slide 15: Project - Gold Exploration Potential
Whim Creek Project - Gold Exploration Potential For personal use only Exploration to commence this month
Slide 16: Anax Dual Strategy – News Flow Opportunities
Anax Dual Strategy – News Flow Opportunities Exploration and Drilling Whim Creek Project Feasibility For personal use only 2020 - 2021 2020 - 2021 1. Compiled exploration data and historical drilling - define 1. Preliminary Ore Sorting produces exploration upside and data gaps high-grade pre-concent
Slide 17: Indicative Project Timeline
Whim Creek – Indicative Project Timeline For personal use only Decision to Mine, ANAX Studies and Mining Proposal Agreement Deal Close ASX Listing Financing, Contracts Finalised Drilling, Ore Sorting, Metallurgy, Geotech, Mining Studies, etc. Whim Creek JUL AUG – SEP 20 OCT 20 – JUN 21 JUL 21 - DEC
Slide 18: Capital Structure
Capital Structure For personal use only Shares Number % Total Shares after placement 350,183,890 100.0 Options Number Director & Management Options1 14,400,000 (1) Options Advisor Options ($0.045, 28/10/2023) 23,250,000 No of Options Exercise Price Expiry 2,700,000 $0.045 10/12/2021 Broker Options (
Slide 19: Copper-Zinc Project: A Low Cost Entry to Leveraged Upside and Near Term Cashflow
Whim Creek Copper-Zinc Project A Low Cost Entry to Leveraged Upside and Near Term Cashflow For personal use only • Dual exploration and production strategy, already ahead of schedule • Exposure to an advanced base metal project with near term production potential • Defined measured and indicated res
Slide 20: Contact
Contact For personal use only Geoff Laing Managing Director Anax Metals Limited Ground Floor West, 20 Kings Park Road P.O. Box 644 West Perth WA 6872 P +61 8 6143 1840 E info@anaxmetals.com.au www.anaxmetals.com.au