Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Investor Presentation (September 2024)
31 slides from Antipa Minerals's investor presentation, Sep 19, 2024
Slide 1: A Premier Mineral Exploration and Development Company
A PREMIER MINERAL EXPLORATION AND DEVELOPMENT COMPANY PROVINCE-SCALE, WORLD-CLASS GOLD AND COPPER ASSETS IN WESTERN AUSTRALIA INVESTOR UPDATE ASX: AZY | September 2024
Slide 2: Disclaimer
DISCLAIMER Refer to Antipa Minerals ASX release 31 August 2022, for full Minyari Dome Project Scoping Study details. Antipa Minerals confirms that it is not aware of any new information or data that materially affects the information included in that release. All material assumptions and technical p
Slide 3: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY Antipa Minerals acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present, extending that respect to all Aboriginal and Torres Strait Islander peoples today.
Slide 4: Minyari Dome Project Resource Update
MINYARI DOME A PROJECT 100% ANTIPA ANTIPA MINERALS SIGNIFICANT 2024 MINERAL RESOURCE UPDATE 2.9 Moz GOLD EQUIVALENT RESOURCE1, 2 B 2.3 Moz CONTAINED GOLD-ONLY A INDICATED 1.7 Moz 1.6 g/t C RESOURCE GOLD AT GOLD INCREASES AND ENHANCES RESOURCE SCALE 1. Refer to Antipa Minerals ASX release dated 17 Se
Slide 5: Minyari Dome Project
MINYARI DOME A PROJECT 100% ANTIPA PROVEN STANDALONE PROJECT POTENTIAL1 AUGUST 2022 SCOPING STUDY OUTCOMES1 MINE MINING INITIAL CONFIRMED AS A TECHNICALLY AND SCHEDULE PHYSICALS GOLD OUTPUT COMMERCIALLY ROBUST PROJECT1 21.4 Mt at 1.6 g/t Au 3 Mtpa throughput 975 koz Initial open pitand For7+yearsini
Slide 6: Scoping Study Potential Upside Drivers
MINYARI DOME A PROJECT 100% ANTIPA SCOPING STUDY POTENTIAL UPSIDE DRIVERS1 1.1 Moz 2022 MINING INVENTORY AT 1.6 g/t GOLD (Plus 390koz Silver)1 INCREASED MINING INVENTORY INCREASED METAL PRICE REVENUE DRIVERS IMPROVED METALLURGICAL PERFORMANCE THIRD PARTY PROCESSING OPPORTUNITIES 1. Minyari Dome Scop
Slide 7: Sensitivity to A$ Spot Gold Price
MINYARI DOME A A$3,800 GOLD3 PROJECT 100% ANTIPA $3,750 $3,500 AUGUST 2022 SCOPING >60% STUDY NPV7% $3,250 A$392M Pre-taxat A$2,430/ozgold2 Sensitivity increase in A$ spot gold 0 200 400Analysis 600 800 1000 1200 from August 2022 Scoping $3,000 OPEX ± 10% 213 557 Study price assumption Gold price ±
Slide 8: Citadel JV Project Exit Liberates Latent Value
CITADEL JV PROJECT SIGNIFICANT EXIT LIBERATES EXPLORATION SPEND ACROSS LARGE LATENT VALUE 1 3,900km2 PORTFOLIO A$17 MILLION CASH SALE PATERSON (100% ANTIPA) 1,550km2 MONETISES A NON-CORE, Shareholders benefit MINORITY INTEREST WILKI from leverage to (100% ANTIPA) large group 1,470km2 SIGNIFICANTLY B
Slide 9: Farm-In Exploration Optionality
FARM-IN A EXPLORATION OPTIONALITY B C PATERSON FARM-IN WILKI FARM-IN (100% ANTIPA : IGO) (100% ANTIPA : NEWMONT) B Exploring for sediment-hosted Targeting greenfield discoveries copper deposits with potential to supply Telfer’s 22Mtpa gold- A gold and/or cobalt credits copper-silver processing facil
Slide 10: Shallow Depth of Younger Cover
SHALLOW DEPTH OF YOUNGER COVER APPROXIMATELY 50% of Antipa tenements are under less than 20 metres of cover APPROXIMATELY 80% of Antipa tenements are under less than 80 metres of cover 1. Havieron refer to Greatland Gold plc AIM release dated 21 December 2023, “Havieron Mineral Resource Estimate Upd
Slide 11: Corporate Snapshot
CORPORATE SNAPSHOT Very well-funded to progress the Minyari Dome Project with further exploration and advancement CAPITAL STRUCTURE | ASX : AZY SHARE REGISTER4 Share price1 A$0.019 8.6% 4.2% Newmont 3.1% Shares on issue1 4,769M 3.1% Lion Selection Group IGO Market capitalisation1 A$90.6M 18.0% Board
Slide 12: Board and Management
BOARD AND MANAGEMENT Focused on unlocking the full potential of an exceptional asset Stephen Power Roger Mason Mark Rodda Peter Buck Gary Johnson Luke Watson Non-Executive Managing Executive Director – Non-Executive Non-Executive CFO and Company Chairperson Director Commercial and Legal Director Dir
Slide 13: Meaningful Value Creation for All Stakeholders
LOCAL REGIONAL CULTURAL SOCIALLY COMMUNITY ECONOMIC HERITAGE INCLUSIVE PARTNERSHIPS DEVELOPMENT PROTECTION WORKPLACE Engaging local people Exploration investment Collaborating with Committed to and businesses for for regional WA Traditional Owners to workplace diversity wide-ranging social long-term
Slide 14: Emerging as a Significant Gold and Copper Business
EMERGING AS A SIGNIFICANT GOLD AND COPPER BUSINESS OUTSTANDING LOCATION Paterson region has been historically underexplored Prospective frontier for the discovery of multi-cycle, tier-one gold-copper deposits PROXIMAL TO THE TELFER MINE AND WINU AND HAVIERON In the last eight years approximate
Slide 15: Minyari Dome Project Exploration and Advancement Detail
MINYARI DOME PROJECT EXPLORATION AND ADVANCEMENT DETAIL
Slide 16: A Pipeline of High-Impact Development Focussed Activities
A PIPELINE OF HIGH-IMPACT DEVELOPMENT FOCUSSED ACTIVITIES CY2024 exploration outline at 100% owned Minyari Dome Project1 TARGETING GROWTH, NEW DISCOVERIES AND DEVELOPMENT ADVANCEMENT Phase 1 Programme 15,242m drilling completed in June: Multiple 30 to 100 gram-metre gold intersections at the GEO
Slide 17: Multiple CY2024 Drilling Programmes
A MULTIPLE CY2024 DRILLING PROGRAMMES Multiple gold-copper targets across Minyari Dome LONG SECTION Legend: Minyari: Thick breccia and vein mineralisation starts at surface and delivers 3,000oz per vertical metre GEO-01: 2023 discovery including zones of thick high-grade near surface gold ± copp
Slide 18: A GEO-01 Discovery
A GEO-01 DISCOVERY Maiden gold resource delivered – Potentially open pit amenable Significant near-surface high-grade gold mineralisation: 35m at 3.0 g/t gold from 20m down hole in 24MYC0610, including: 16m at 5.6 g/t gold from 33m 50m at 2.3 g/t gold from 72m down hole in 23MYC0383, includi
Slide 19: A GEO-01 Discovery
A GEO-01 DISCOVERY Maiden gold resource delivered – Potentially open pit amenable GEO-01 deposit plan view showing drill intersections and interpreted mineralisation envelopes GEO-01 prospect gold ± copper mineralisation footprint increased to 700m by 500m Main zone of ENE trending thick high-
Slide 20: Partner Farm-In Projects Detail
PARTNER FARM-IN PROJECTS DETAIL
Slide 21: Multiple Targets Surrounding Minyari
B MULTIPLE TARGETS SURROUNDING MINYARI Including Winu and Havieron analogue targets CURRENT TARGETS Two co-incident magnetic-gravity high Havieron analogue targets 11 to 25km from Minyari (PP-GRAV02 and PP-GRAV01) Collie 2km long EM target 10km along strike from Winu Multiple air core and soil
Slide 22: AL01 – A Very Large-Scale Air Core Gold Target
B AL01 – A VERY LARGE-SCALE AIR CORE GOLD TARGET 5km long air core gold and pathfinder anomaly just 17km from Minyari AL01 located 17km north of Minyari 2023 air core drilling extended AL01 anomaly to a 5km long target Meta-sediment hosted gold and pathfinder anomaly: Extensive mineral syste
Slide 23: New Parklands Greenfield Target
C NEW PARKLANDS GREENFIELD TARGET A very large-scale surface geochemical gold anomaly CURRENT TARGETS Parklands surface geochemical gold anomaly: Very large 3km long by up to 1.5km wide Extensive Parklands-Chicken Ranch NW-SE trend Broader NP40 NW-SE trend connecting Havieron, GEO-01 and Min
Slide 24: New Parklands Greenfield Target
C NEW PARKLANDS GREENFIELD TARGET A very large-scale surface geochemical gold anomaly Located just 10km northeast of Newmont’s Telfer gold-copper- silver 22Mtpa processing facility Coherent gold and mineral system pathfinder surface geochemical anomaly: Very large 3km long by up to 1.5km wide
Slide 25: Appendix
ANTIPAMINERALS x (=) a Ww a. a. <x
Slide 26: Key Farm-In Project Details
KEY FARM-IN PROJECT DETAILS B PATERSON PROJECT: A$30M IGO FARM-IN FOR UP TO 70% INTEREST (AZY 100%, IGO 0%) ~1,550km2 Antipa / IGO Farm-in Project (agreed 9 July 2020) comes within 23km of Telfer and 8km of Rio’s Winu copper-gold-silver development project Initial A$4M minimum exploration progra
Slide 27: Mineral Resource - Minyari Dome Project
MINERAL RESOURCE - MINYARI DOME PROJECT (SEPTEMBER 2024) Minyari Dome Project (Antipa 100%)1 Deposit Classification Tonnes Au g/t Au ounces Ag g/t Ag ounces Cu % Cu tonnes Co % Co tonnes Minyari Indicated 27,100,000 1.75 1,505,000 0.58 507,000 0.22 59,800 0.04 9,720 Minyari Inferred 6,200,000 1.78 3
Slide 28: Mineral Resource - Wilki and Citadel Projects
MINERAL RESOURCE - WILKI FARM-IN PROJECT AND CITADEL JV PROJECT Wilki Farm-In Project (Antipa 100%) Deposit Cut-off Category Tonnes (Mt) Au grade (g/t) Cu grade (%) Ag grade (g/t) Co (ppm) Au (oz) Cu (t) Ag (oz) Co (t) Chicken Ranch 0.5 Au Inferred 0.8 1.6 40,300 Tim's Dome 0.5 Au Inferred 1.8 1.1 6
Slide 29: Mineral Resource Estimates – Gold Equivalent Calculations
MINERAL RESOURCE ESTIMATES – GOLD EQUIVALENT CALCULATIONS Gold Metal Equivalent Information – Minyari Dome Project Mineral Resource Gold Equivalent reporting cut-off grade: A gold equivalent grade (Aueq) has been calculated from individual gold, copper, silver and cobalt grades. This equivalent grad
Slide 30: Contact Details
CONTACT DETAILS MANAGING DIRECTOR EXECUTIVE DIRECTOR Mr Roger Mason Mr Mark Rodda E: roger.mason@antipaminerals.com.au E: mark.rodda@antipaminerals.com.au CORPORATE OFFICE MEDIA RELATIONS Level 2, 16 Ord Street Mr Michael Vaughan West Perth WA 6005 Fivemark Partners Australia E: michael.vaughan@five
Slide 31: Thank You
ANTIPAMINERALS THANK YOU
Antipa Minerals — Investor Presentation (September 2024) on 6ix