Antilles Gold Ltd · ASX:AAU
Antilles Gold — Investor Presentation (September 2022)
25 slides from Antilles Gold's investor presentation, Sep 6, 2022
Slide 1: Antilles Gold – Corporate Presentation (ASX announcement)
6 September 2022 ANTILLES GOLD – CORPORATE PRESENTATION For personal use only Antilles Gold Limited ( “Antilles Gold” or the “Company”) (ASX Code: AAU, FSE Code: PTJ, OTCQB: ANTMF) attaches its latest Corporate Presentation dated 6 September 2022. END This announcement has been authorised by the Cha
Slide 2: Cuba - a new mining frontier
For personal use only GOLD . SILVER . COPPER . ZINC Cuba - a new mining frontier CORPORATE PRESENTATION ASX : AAU | OTCQB : ANTMF | FSE: PTJ 6 SEPTEMBER 2022
Slide 3: Forward-Looking Statement and Disclaimer
Forward-Looking Statement ▪ DISCLAIMER For personal use only ▪ Some of the statements contained in this Presentation are forward-looking ▪ The Information contained in this Presentation is provided on the terms and statements, such as statements that describe Antilles Gold Limited’s (“AAU”) conditio
Slide 4: Antilles Gold company overview and share data
Shares on Issue 412,190,721 Antilles Gold Limited Share Price 1 September 2022 A$0.05 Antilles Gold is an Australian mining company operating in Market Capitalisation 1 September 2022 A$20.6 M For personal use only mineral rich Cuba where its joint venture with the Government’s mining company, GeoMi
Slide 5: Antilles Gold is a First Mover in Cuba's Emerging Mining Sector
Antilles Gold is a First Mover in Cuba’s Emerging Mining Sector For personal use only ▪ As a first mover, Antilles Gold has gained access through its joint venture with GeoMinera, to three near-term mine developments for gold, silver, copper, and zinc, and to two large mining concessions highly pros
Slide 6: Why Antilles Gold is Investing in Cuba
Why Antilles Gold is Investing in Cuba Mining Friendly Jurisdiction • Stability • Rapid Permitting • Low Operating Costs For personal use only ▪ Antilles Gold first approached GeoMinera with respect to investing in the Cuban mining sector in 2015, and subsequently over a 4 year period from early 201
Slide 7: Why Antilles Gold is Investing in Cuba - continued
Why Antilles Gold is Investing in Cuba - continued For personal use only ▪ The joint venture agreement with GeoMinera includes the requirement for any project that is developed, to deposit all loans and sales proceeds in a jointly controlled foreign Bank account. ▪ From this account funds will be re
Slide 8: Experienced Directors
Experienced Directors For personal use only Brian Johnson James Tyers Executive Chairman Executive Director Operations Mr Johnson is a graduate in civil engineering from the University of Mr Tyers is a member of the AusIMM and has over 30 years’ Western Australia and a Member of the Institute of Eng
Slide 9: Experienced Senior Management
Experienced Senior Management For personal use only Dr Jinxing Ji Dr Chris Grainger Technical Director Exploration Director Dr Ji highly knowledgeable metallurgist with 6 years of research Dr Grainger is an Australian geologist with +25 years of international experience in universities and 26 years
Slide 10: Near Term Mine Developments
Near Term Mine Developments For personal use only La Demajagua: gold-silver mine ▪ An open pit gold-silver mine at La Demajagua on the Isle of Youth in south-west Cuba is expected to be commissioned in mid 2024 with estimated annual production of 100,000oz Au equivalent in a sulphide concentrate for
Slide 11: Near Term Mine Developments
Near Term Mine Developments For personal use only 10 10
Slide 12: La Demajagua Project
La Demajagua Project For personal use only ▪ The La Demajagua project is in the final stage of pre-development activities with the Definitive Feasibility Study (“DFS”) and permitting for the first stage open pit mine expected to be completed in late 2022, to allow construction commencement in Q1 202
Slide 13: La Demajagua JORC Resources
La Demajagua JORC Resources For personal use only ▪ MINERAL RESOURCE ESTIMATE FOR LA DEMAJAGUA OPEN PIT PROJECT WITHIN PRELIMINARY SHELL at 0.8g/t Au cut off Resource Ag Grade Tonnes (Mt) Au Grade (g/t) Contained Au (oz) Contained Ag (oz) Category (g/t) Indicated 6.48 3.11 648,000 32.2 6,703,000 Inf
Slide 14: La Demajagua Metallurgical Testwork
La Demajagua Metallurgical Testwork For personal use only Based on the Resource definition, preliminary pit shell, materials scheduling, and results of metallurgical test work to date: Concentrate Production: Feed to the flotation plant is expected to be: ▪ 70,000 tpa of bulk concentrate expected to
Slide 15: La Demajagua Initial Scoping Study
La Demajagua Initial Scoping Study For personal use only Project Development Cost US$75M Project Pay Back 18 months Life of Mine (“LoM”) 6years Project NPV8 US$218M Annual Metal Production ~100,000 oz AuEq Project IRR 44 % (80.0 oz Ag = 1.0 oz Au) LoM Sales Revenue US$700M Antilles Gold’s Equity Con
Slide 16: El Pilar Oxide Deposit: Potential Gold-Copper Mine
El Pilar Oxide Deposit: Potential Gold-Copper Mine For personal use only ▪ The El Pilar copper-gold porphyry deposit has a small but rich overlying oxide deposit that could GOLD DOMAIN be developed as an open-pit mine in the near- term. ▪ Historic drilling at El Pilar has indicated oxide mineralizat
Slide 17: Potential Re-opening of Antonio Copper-Zinc Mine
Potential Re-opening of Antonio Copper-Zinc Mine ▪ A near term focus will be on re-opening the Antonio open pit mine which has a For personal use only geological setting similar to classic Abitibi type VMS mineralisation in Eastern Canada. Antonio Deposit Geology Map ▪ An estimated 50,000 tonnes of
Slide 18: Exploration Projects in Cuba
Exploration Projects in Cuba For personal use only ▪ Exploration is focused on two significant, previously explored concessions which are included in Antilles Gold’s Exploration Agreement with GeoMinera, where mines are expected to be developed to produce gold, copper, and zinc concentrates A very l
Slide 19: El Pilar Copper-Gold Porphyry System
El Pilar Copper-Gold Porphyry System For personal use only ▪ A Group of three copper-gold porphyry-deposits (El Pilar, Gaspar and San Nicholas) within the 17,800ha El Pilar concession were originally explored by Canadian mining companies in the 1990’s. ▪ Mapping, soil sampling, ground magnetics and
Slide 20: El Pilar Porphyry System-Geology and Mineralisation
El Pilar Porphyry System-Geology and Mineralisation For personal use only ▪ El Pilar, Gaspar, and San Nicholas are individual porphyry intrusions and indicate the potential for multiple porphyry copper-gold discoveries. ▪ All three deposits have undergone shallow drilling confirming the existence of
Slide 21: New Horizons Polymetallic Mineral Belt
New Horizons Polymetallic Mineral Belt For personal use only ▪ The New Horizons project encompasses two mining ▪ A Canadian N1 43-101 Technical Report on the Project concessions totaling 31,700ha which cover an entire 40km prepared by Toronto based consultants, Roscoe Postle long VMS style polymetal
Slide 22: New Horizons Polymetallic Mineral Belt
New Horizons Polymetallic Mineral Belt For personal use only New Horizons Project Geology Map 21
Slide 23: Joint Venture Strategy
For personal use only Joint Venture Strategy ▪ Commissioning of La Demajagua open pit mine in mid ▪ Operation of La Demajagua underground mine to follow 2024 to produce gold-silver sulphide concentrate. completion of open pit mining, for 10 years. ▪ Exploration and evaluation of the El Pilar copper-
Slide 24: Why Invest In Antilles Gold?
Why Invest In Antilles Gold? For personal use only ✓ Antilles Gold has the opportunity to participate through its joint venture with the Cuban Government’s mining company, GeoMinera, in the successive near-term development of three mines to produce gold, silver, copper, and zinc concentrates. Invest
Slide 25: Thank you
For personal use only Thank you ASX : AAU | OTCQB : ANTMF | FSE : PTJ For more information, please contact: Brian Johnson; Executive Chairman Email: brianjohnson@antillesgold.net Phone: +61 2 481 1740 www.antillesgold.net 24
Antilles Gold — Investor Presentation (September 2022) on 6ix