Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Investor Presentation (April 2021)
30 slides from Antipa Minerals's investor presentation, April 2021
Slide 1: Strategic Position in a World Class Mineral Province
STRATEGIC POSITION IN A WORLD CLASS MINERAL PROVINCE CORPORATE PRESENTATION Update – April 2021 ASX:AZY
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 Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this document ‘Company’). Unle
Slide 3: Compelling Investment Opportunity
COMPELLING INVESTMENT OPPORTUNITY Advancing world class exploration and development projects Significant Exploration and Resource Development Potential in World Class Paterson Province • 5,200km2 of under-explored gold and copper exploration ground in a province hosting producing mines and recent wo
Slide 4: High-Quality Partners to Fast-Track Discoveries and Development
HIGH-QUALITY PARTNERS TO FAST-TRACK DISCOVERIES AND DEVELOPMENT Farm-in/Joint Venture and development projects Citadel Project - A$60m Rio Tinto Farm-in Joint Venture for up to 75% interest agreed 2015 • ~1,300km2 Antipa / Rio Tinto JV with existing combined Mineral Resource: 1.6Moz gold at 0.8 g/t
Slide 5: Established Resource Base – 100% Owned Ground
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL Overview • 144km2 Project surrounded by IGO farm-in project and located just 40km from Newcrest’s Telfer processing facility • Minyari-WACA Mineral Resource of 723koz at 2.0 g/t Au, 26kt at 0.24% Cu, 233koz at 0.7 g/t Ag1 • Potentia
Slide 6: Minyari Gold-Copper-Silver-Cobalt Deposit – Recent Results Support Havieron Analogy
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT Minyari Gold-Copper-Silver-Cobalt Deposit – Recent Results Support Havieron Analogy Corporate Presentation: Update - April 2021 6 Minyari Deposit Mineral Resource = 551 koz Gold, 22.8 kt Copper and 214 koz Silve
Slide 7: WACA Deposit Long Section and Minyari Breccia Deposit
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT WACA Gold-Copper-Silver±Cobalt Deposit – Long Section Minyari Gold-Copper-Silver-Cobalt Breccia Deposit Minyari drill hole 20MYD0194 23.0m at 4.5 g/t gold, 0.4% copper and 1.0 g/t silver from 549.0m Core Photo f
Slide 8: Exploration Opportunity – Results Support Havieron Analogy
EXPLORATION OPPORTUNITY – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT Results Support Havieron Gold-Copper-Silver Deposit Analogy • Minyari and Havieron gold-copper deposits have similar sized mineral system footprint • Minyari drilling restricted to the upper (lower-grade) portion
Slide 9: Rio Tinto Citadel Joint Venture
RIO TINTO CITADEL JOINT VENTURE RIO TINTO CITADEL JV Overview • ~1,300km2 Citadel Joint Venture Project • Existing Calibre-Magnum gold-copper-silver resource situated 45km east of Rio Tinto’s Winu copper-gold-silver project (targeting first production in 20241) • Expanded A$24.5m (from A$13.8m) CY20
Slide 10: Calibre Deposit (Rio Tinto JV)
CALIBRE DEPOSIT (RIO TINTO JV) RIO TINTO CITADEL JV Significant gold-copper-silver resource with substantial growth potential Calibre Gold, Copper, Silver Deposit • Discovered by Antipa under 80m of cover • 1.5km long, up to 480m thick, extends 500m down dip - Remains open in several directions • Lo
Slide 11: Compelling Greenfield Targets (Rio Tinto JV)
COMPELLING GREENFIELD TARGETS (RIO TINTO JV) RIO TINTO CITADEL JV Large gold-copper 2020 greenfield targets Rimfire Area – Multiple Large Gold-Copper Targets • Significant gold-copper±silver mineralisation from drill holes at multiple magnetic targets across 4.5km of the Rimfire area situated: • 25k
Slide 12: Newcrest Wilki Farm-In
NEWCREST WILKI FARM-IN NEWCREST WILKI FARM-IN Overview • 2,212km2 Wilki Project comes to within 3km of Newcrest’s Telfer gold-copper-silver mine and processing facility and 9km of the Havieron gold-copper deposit • Initial A$6m minimum exploration programme within two years managed by Antipa • Newcr
Slide 13: Compelling Greenfield Targets (Newcrest Farm-In)
COMPELLING GREENFIELD TARGETS (NEWCREST FARM-IN) NEWCREST WILKI FARM-IN Priority gold-copper 2021 geophysical targets Multiple New AEM, Magnetic and Gravity Gold- Copper Targets • Ten priority AEM and magnetic targets within 15 to 35km of the Telfer gold-copper-silver mine and processing facility •
Slide 14: IGO Paterson Farm-In
IGO PATERSON FARM-IN IGO PATERSON FARM-IN Overview • ~1,550km2 Paterson Project comes to within 22km of Newcrest’s Telfer gold-copper mine and 8km of Rio Tinto’s Winu copper-gold-silver project • Initial A$4m minimum exploration programme within 2.5 years managed by Antipa • IGO may earn a 70% inter
Slide 15: Large Scale Potential (IGO Farm-In)
LARGE SCALE POTENTIAL (IGO FARM-IN) GREENFIELD EXPLORATION Reaper-Poblano-Serrano Gold-copper Trend Overview • Limited, very broad spaced 2019 RC ± 2020 air core drilling intersects significant gold-copper±silver mineralisation at Reaper, Poblano and Serrano along a 1.8km trend, including: • 4.0m at
Slide 16: Significant Greenfields and Brownfields 2021 Exploration Timeline
SIGNIFICANT GREENFIELDS AND BROWNFIELDS 2021 EXPLORATION TIMELINE CALENDAR YEAR EXPLORATION PROGRAMME Mar 2021 Quarter Jun 2021 Quarter Sep 2021 Quarter Dec 2021 Quarter 100% Owned Ground: Brownfield and Greenfield Drill Testing of High-grade Gold Extensions at Minyari / WACA and Other Targets inclu
Slide 17: Corporate Snapshot – Corporate
CORPORATE SNAPSHOT – ASX: AZY CORPORATE Capital structure 2,501m A$120.0m A$7.7m N/A A$112.3m 137.5m Shares on Issue (undiluted) Market Cap at A$0.048/sh Cash1 Debt Enterprise Value Options2 Board of Directors Capital Breakdown Stephen Power • 33 years’ industry experience Executive Chairman • Exten
Slide 18: Contact
Contact 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 Australia F: +61 8 9481 0117 ANTIPAMINE
Slide 19: Mineral Resource Summary
MINERAL RESOURCE SUMMARY APPENDIX Minyari Dome Project (100% Antipa) Resource Deposit and Gold Cut-off Grade1 Category Tonnes (Mt) GoldGrade (g/t) CopperGrade (%) SilverGrade (g/t) Cobalt (ppm) Gold (oz) Copper (t) Silver (oz) Cobalt (t) Minyari 0.5Au Indicated 3.2 1.9 0.3 0.7 590 192,610 9,600 75,6
Slide 20: Comparison of the Minyari and Havieron Deposits
EXPLORATION OPPORTUNITY – 100% OWNED GROUND APPENDIX RESOURCE DEVELOPMENT Comparison of the Minyari and Havieron Gold-Copper-Silver Deposits • Minyari and Havieron Similarities = Meta-sedimentary host rocks, intense hydrothermal Minyari drill hole 20MYD0194 (548.82m to 553.4m) alteration, and brecci
Slide 21: Paterson Province's World Class Potential – Havieron
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Greatland Gold’s Havieron Gold-Copper Deposit - 3.4Moz Gold and 160kt Copper2 • Minyari deposit a Havieron analogue • High-grade gold + copper mineralisation • Havieron a breccia pipe with high- grade sulphide rich outer ring zone and adjacent low-g
Slide 22: Strategic Position in the World Class Paterson Province
STRATEGIC POSITION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Depth of younger cover above Antipa’s Paterson Province basement • c.50% of Antipa tenements are under less than 20m cover • c.80% of Antipa tenements are under less than 80m cover Corporate Presentation: Update - April 2021 22
Slide 23: Highly Prospective and Endowed Structural Corridor
HIGHLY PROSPECTIVE AND ENDOWED STRUCTURAL CORRIDOR APPENDIX Greenfield exploration Overview • Antipa’s 100% owned ground and tenements being farmed into by Newcrest and IGO host significant strike extent of highly prospective El Paso Structural Corridor • Multiple prospects and targets: • Minyari-WA
Slide 24: Compelling Greenfield Target (Rio Tinto JV)
COMPELLING GREENFIELD TARGET (RIO TINTO JV) APPENDIX Large gold-copper 2020 greenfield target GAIP Survey Defines +1.5 kilometre long by 900m wide Gold-Copper Target • High priority “GAIP20-01” IP target “Boxer” situated: • 40km from Rio Tinto’s 503 million tonne Winu copper-gold-silver project1 • 1
Slide 25: Paterson Province's World Class Potential – Telfer
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Newcrest’s Telfer High-grade Gold-Copper-Silver Deposit – Discovered in 1972 • Antipa’s Projects include the same structural, host-rock and hydrothermal mineralisation settings as Telfer • Telfer’s June 2000 Underground Mineral Resource was 3.5 Mt a
Slide 26: Paterson Province's World Class Potential – Winu
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit - Discovery Announced 2019 Rio Tinto’s Winu copper-gold-silver deposit1 has all the hallmarks of a Tier 1 Mine in the making: • Winu drill intersections include1: • 763m at 0.44% copper, 0
Slide 27: Winu Satellite Imagery and Mineral Resource
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit – Satellite Imagery Rio Tinto’s Winu Copper-Gold-Silver Development Project Mineral Resource1 to a depth of only 325m below the surface including approx. 100m of cover = • 503Mt at 0.45% c
Slide 28: Premium Location in the World Class Paterson Province
PREMIUM LOCATION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Before December 2017: After December 2017: = 1,000km2 + = 10,700km2 + 1,335km2 in JV 2,270km2 in JVs =0 = 5,240km2 270 km 155 km Corporate Presentation: Update - April 2021 28
Slide 29: JORC Competent Persons Statement
JORC COMPETENT PERSONS STATEMENT APPENDIX Exploration Results The information in this document that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Roger Mason, a Competent Person who is a Member of The Australasian Institute o
Slide 30: www.antipaminerals.com.au
WWW.ANTIPAMINERALS.COM.AU Corporate Presentation: Update - April 2021 30