Antipa Minerals Limited · ASX:AZY

Antipa Minerals — Investor Presentation (October 2020)

27 slides from Antipa Minerals's investor presentation, Oct 12, 2020

  1. Slide 1: Strategic Position in a World Class Mineral Province

    STRATEGIC POSITION IN A WORLD CLASS MINERAL PROVINCE CORPORATE PRESENTATION Diggers and Dealers 2020 ASX:AZY

  2. 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

  3. 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

  4. 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 • 1,330km2 Antipa / Rio Tinto JV with existing combined Mineral Resource: 1.6Moz gold at 0.8 g/t a

  5. Slide 5: Rio Tinto Citadel Joint Venture

    RIO TINTO CITADEL JOINT VENTURE RIO TINTO CITADEL JV Overview • 1,330km2 Citadel Project • Existing Calibre-Magnum gold-copper-silver resource situated 45km east of Rio Tinto’s Winu copper-gold-silver development project which is targeting first production 20231 • A$9.2m 2020 exploration programme,

  6. Slide 6: Calibre Deposit (Rio Tinto JV)

    CALIBRE DEPOSIT (RIO TINTO JV) RIO TINTO CITADEL JV Significant Au-Cu-Ag Resource with growth potential Calibre Gold, Copper, Silver Deposit • Discovered by Antipa under 80m of cover • 1.6km long, up to 480m thick, extends 500m down dip - Remains open in all directions • Located just 45km east of Ri

  7. Slide 7: Compelling Greenfield Target (Rio Tinto JV)

    COMPELLING GREENFIELD TARGET (RIO TINTO JV) RIO TINTO CITADEL JV Large gold-copper 2020 geophysical target GAIP Survey Defines +1.5 kilometre long by 900m wide Gold-Copper Target • High priority “GAIP20-01” IP target situated: • 40km from Rio Tinto’s 503 million tonne Winu copper-gold-silver develop

  8. Slide 8: Established Resource Base – 100% Owned Ground

    ESTABLISHED RESOURCE BASE – 100% OWNED GROUND RESOURCE DEVELOPMENT Overview WACA Gold-Copper-Silver Deposit • Minyari-WACA Mineral Resource of 723koz at 2.0 g/t Au, 26kt at 0.24% Cu, 233koz at 0.7 g/t Ag1 • Both deposits remain open down dip ± along strike • High-grade gold shoots remain open down p

  9. Slide 9: Established Resource Base – 100% Owned Ground

    ESTABLISHED RESOURCE BASE – 100% OWNED GROUND RESOURCE DEVELOPMENT RESOURCE DEVELOPMENT Minyari Gold-Copper-Silver Deposit Investor Presentation: Diggers and Dealers 2020 9

  10. Slide 10: 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 mine and 9km of the Havieron gold-copper deposit • Initial A$6m minimum exploration programme within two years managed by Antipa • Newcrest may earn a 51% interest in

  11. Slide 11: Newcrest Wilki Farm-in

    NEWCREST WILKI FARM-IN NEWCREST WILKI FARM-IN Greatland Gold’s and Newcrest’s Havieron Gold-Copper Deposit Wilki Farm-in Discovery Focus • Havieron analogue targets • High-grade gold + copper mineralisation • Geophysical signature: • Magnetic High • Gravity High • EM Conductor • Breccia pipe with hi

  12. Slide 12: Compelling Greenfield Targets (Newcrest Farm-in)

    COMPELLING GREENFIELD TARGETS (NEWCREST FARM-IN) NEWCREST WILKI FARM-IN Priority gold-copper 2020 geophysical targets AEM Survey Defines Multiple Gold-Copper Targets • Three high priority preliminary targets within 10 to 44km of high-grade Havieron gold-copper deposit and Telfer gold-copper mine and

  13. Slide 13: IGO Paterson Farm-in

    IGO PATERSON FARM-IN IGO PATERSON FARM-IN Overview • 1,563km2 Paterson Project comes to within 22km of Newcrest’s Telfer gold-copper mine and 8km of Rio Tinto’s Winu gold-copper deposit • Initial A$4m minimum exploration programme within 2.5 years managed by Antipa • IGO may earn a 70% interest in t

  14. Slide 14: Large Scale Potential (IGO Farm-in)

    LARGE SCALE POTENTIAL (IGO FARM-IN) GREENFIELD EXPLORATION Reaper-Poblano-Serrano Gold-copper Trend Overview • 2019 limited, very broad spaced RC drilling intersects significant gold-copper mineralisation at Reaper, Poblano and Serrano along a 1.8km trend, including: • 4.0m at 8.1 g/t gold, 0.23% co

  15. Slide 15: Significant Greenfields and Brownfields 2020 Exploration Programme

    SIGNIFICANT GREENFIELDS AND BROWNFIELDS 2020 EXPLORATION TIMELINE CALENDAR YEAR EXPLORATION PROGRAMME Mar 2020 Quarter Jun 2020 Quarter Sep 2020 Quarter Dec 2020 Quarter Paterson Project Farm-in (IGO Funded): Farm-in Geophysical, Surface Geochemical Sampling, Mapping and Drilling Programmes – Greenf

  16. Slide 16: Corporate Snapshot – ASX: AZY

    CORPORATE SNAPSHOT – ASX: AZY CORPORATE Capital structure 2,475m A$141.1m A$9.0m N/A A$132.1m 113.5m Shares on Issue (undiluted) Market Cap at A$0.057/sh Cash1 Debt Enterprise Value Options2 Board of Directors Capital Breakdown Stephen Power • 33 years’ industry experience Executive Chairman • Exten

  17. Slide 17: 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

  18. Slide 18: Mineral Resource Summary

    MINERAL RESOURCE SUMMARY APPENDIX North Telfer 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

  19. Slide 19: 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 Investor Presentation: Diggers and Dealers 2020 19

  20. Slide 20: 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

  21. Slide 21: Paterson Province's World Class Potential

    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

  22. Slide 22: Paterson Province's World Class Potential

    PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Greatland Gold’s Havieron Gold-Copper Deposit - Discovery Announced 2018 1. Havieron deposit is the subject of a farm-in and joint venture agreement with Newcrest Mining Ltd able to earn up to a 70% joint venture interest via total expenditure of US

  23. Slide 23: Paterson Province's World Class Potential

    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

  24. Slide 24: Paterson Province's World Class Potential

    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

  25. Slide 25: 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 Investor Presentation: Diggers and Dealers 2020 25

  26. Slide 26: 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

  27. Slide 27: www.antipaminerals.com.au

    WWW.ANTIPAMINERALS.COM.AU Investor Presentation: Diggers and Dealers 2020 27

Antipa Minerals — Investor Presentation (October 2020) on 6ix