Antipa Minerals Limited · ASX:AZY

Antipa Minerals — Corporate Update (June 2017)

26 slides from Antipa Minerals's corporate update, Jun 13, 2017

  1. Slide 1: Company Update June 2017

    CV) ANTIPAMINERALS Company Update June 2017

  2. Slide 2: Large Scale World Class Assets

    Large Scale World Class Assets ✓ Three Large Projects – Citadel, North Telfer and Paterson ✓ +4,400 km2 tenement holding in the underexplored but demonstrated World Class Paterson Province in Western Australia extending to within 3km of Telfer Gold Mine Antipa Minerals – Company Update - June 2017 2

  3. Slide 3: A Compelling Investment

    A Compelling Investment ✓ Large scale world class assets ✓ Highly-prospective and under-explored granted tenure ✓ North Telfer near term development opportunity ✓ 100% owned Minyari/WACA deposits ✓ Shallow, high-grade gold-copper with exciting exploration upside ✓ Active drilling and exploration pro

  4. Slide 4: Board and Management – 150+ Years Combined Experience

    Board and Management – 150+ Years Combined Experience Stephen Power Roger Mason Mark Rodda Peter Buck Gary Johnson LLB BSc (Hons), MAusIMM BA, LLB MSc, MAusIMM MAusIMM, MTMS, MAICD Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Lawyer with 3

  5. Slide 5: Corporate Snapshot

    Corporate Snapshot Capital Structure (9 June 2017) Ordinary Shares 1,173.3m 12 Month Share Price Performance (1 June 2016 – 31 May 2017) Unlisted Options 108.1m Current Share Price A$0.018 0.07 25 Market Capitalisation A$21.1m 0.06 12 month Share Price Range A$0.015-A$0.066 20 0.05 Cash (31 March 20

  6. Slide 6: Unlocking the Paterson Province

    Unlocking the Paterson Province ✓ Demonstrated World Class Province ✓ Preserved and under-explored opportunity ✓ +4,400 km2 dominant tenement holding ✓ Three Large Projects ✓ Citadel ✓ North Telfer ✓ Paterson Antipa Minerals – Company Update - June 2017 6

  7. Slide 7: North Telfer Project – Minyari Dome

    North Telfer Project – Minyari Dome North ✓ 100% owned ✓ 1,335km2 tenement package ✓ Focus on Minyari Dome ✓ Hosts Minyari and WACA 4.0m @ 6.61 g/t Au, 0.03% Cu deposits and Judes prospect ✓ Potential for long term high- grade gold-copper ✓ Significant exploration upside ✓ Similar geology to Telfer

  8. Slide 8: North Telfer Project – Minyari Deposit

    North Telfer Project – Minyari Deposit 100650mN Minyari Deposit oxide mineralisation commences from 1 metre below the surface Surface Costean sample results 8.0 tonnes at 3.57 g/t gold 8.0 tonnes at 1.50 g/t gold Note: Refer to Appendices for additional intercept annotations Antipa Minerals – Compan

  9. Slide 9: North Telfer Project – WACA Deposit

    North Telfer Project – WACA Deposit Note: Refer to Appendices for additional intercept annotations Antipa Minerals – Company Update - June 2017 9

  10. Slide 10: North Telfer Project – Minyari Dome 2017 Exploration Programme

    North Telfer Project – Minyari Dome 2017 Exploration Programme1 ✓ Commenced April 2017 ✓ Two Phase Approach to Exploration Programme ✓ Phase 1 - RC drilling of approximately 50 holes for up to 12,000m nearing completion ✓ Test for additional WACA high‐grade gold shoots within the existing 550m strik

  11. Slide 11: Paterson Project – Substantial Upside

    Paterson Project – Substantial Upside ✓ 100% owned ✓ 1,631 km2 of highly prospective ground ✓ Within 3km of the Telfer Mine ✓ Shallow cover to sub cropping ✓ Limited to no exploration for 20 years ✓ Mostly shallow drilling ± surface geochemistry ✓ Limited to no ground based geophysics (i.e. IP or EM

  12. Slide 12: Citadel Project – Rio Tinto Farm-in and Joint Venture

    Citadel Project – Rio Tinto Farm-in and Joint Venture ✓ Rio Tinto staged earn-in ✓ A$60m staged spend required to earn 75% interest ✓ Stage 1 completed – Spent A$3m in 18 months ✓ Currently in Stage 2 requiring A$8m spend over 3 years to earn a 51% interest in Project ✓ 1,310km2 tenement package ✓ H

  13. Slide 13: Citadel Project – Rio Tinto Farm-in and Joint Venture

    Citadel Project – Rio Tinto Farm-in and Joint Venture ✓ Calibre Deposit (gold, copper, silver, tungsten) ✓ Large scale mineral system ✓ Inferred Mineral Resource 47.8Mt at 0.56 g/t Au, 0.17% Cu and 0.60 g/t Ag for 867koz Au, 81kt Cu and 918koz Ag ✓ Intersection highlights 30.0m at 2.30 g/t Au and 0.

  14. Slide 14: Citadel Project – 2017 Exploration Programme

    Citadel Project – 2017 Exploration Programme1 ✓ Commenced June 2017 ✓ Fully funded by Rio Tinto ✓ Phase 1 ✓ IP survey at Blue Steel to further define the target ✓ IP survey over the southern region of the 20km Calibre structural corridor to evaluate high priority target areas ✓ Aircore drilling of k

  15. Slide 15: 2017 Exploration Activities – Indicative Timetable

    2017 Exploration Activities – Indicative Timetable Apr May June July Aug Sept Oct Nov Dec Phase 1 Drilling Programme1 North Telfer Project Phase 2 Drilling Programme1 (Minyari Dome) Scoping Study2 Development Opportunity Phase 1 Exploration Programme1 Citadel Project (Rio Tinto Farm-in) Phase 2 Expl

  16. Slide 16: Unlocking the Paterson Province

    Unlocking the Paterson Province ✓ Large scale world class assets ✓ Experienced Board and Management ✓ Potential near term share price catalysts Antipa Minerals – Company Update - June 2017 16

  17. Slide 17: Disclaimer

    Disclaimer Nature of this document: The purpose of this presentation is to provide general information about Antipa Minerals Limited (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates. In attending this presen

  18. Slide 18: Appendices

    Appendices Antipa Minerals – Company Update - June 2017 18

  19. Slide 19: North Telfer Project – Minyari Deposit Plan View

    North Telfer Project – Minyari Deposit Plan View Minyari Deposit high-grade Au ± Cu: • + 300m strike length • Up to 160m in width • Up to 60m in thickness • Open down dip • Potentially open along strike 2016 Phase 1 RC Intersection Highlights include: • 69.0m at 4.07 g/t gold and 0.07% copper from 9

  20. Slide 20: North Telfer Project – Minyari Deposit Simplified Cross Sections

    North Telfer Project – Minyari Deposit Simplified Cross Sections Antipa Minerals – Company Update - June 2017 20

  21. Slide 21: North Telfer Project – WACA Deposit

    North Telfer Project – WACA Deposit WACA Deposit Plan View WACA Deposit Cross Section View Antipa Minerals – Company Update - June 2017 21

  22. Slide 22: Paterson Project – Additional Opportunities – Tim’s Dome South Deposit

    Paterson Project – Additional Opportunities – Tim’s Dome South Deposit (Long Section) Tim’s Dome South deposit - Significant gold mineralisation • Up to 200m wide gold vein bearing corridor over 4km in strike length • Shallow – gold mineralisation commences from as shallow as 1m below the surface wi

  23. Slide 23: Paterson Project – Tim’s Dome South Deposit Cross Section

    Paterson Project – Additional Opportunities – Tim’s Dome South Deposit Cross Section Antipa Minerals – Company Update - June 2017 23

  24. Slide 24: Telfer Gold-Copper Deposit - High-Grade Mineralisation

    Telfer Gold-Copper Deposit - High-Grade Mineralisation Telfer’s June 2000 U/G Mineral Resource was 3.5 Mt @ 13.8 g/t Au for 1.5Moz Very high-grade (e.g. 16.1m @ 52.2 g/t Au & 2.9% Cu) classic Telfer Reef Style stratabound (thrust related) mineralisation VSC dominated by low-grade high tonnage minera

  25. Slide 25: NOTES

    NOTES Competent Persons Statement – Exploration Results The informationin this report that relates to the ExplorationResults is extracted from the following: Reports entitled various relating to Citadel Project andNorth Telfer Project created between 7 September 2011 and 20 January 2017, including:

  26. Slide 26: NOTES

    NOTES Competent Persons Statement – Calibre Deposit and Magnum Deposit Mineral Resources The information in this report that relates to relates to the estimation and reporting of the Calibre deposit and Magnum deposit Mineral Resources is extracted from the report entitled “Calibre and Magnum Deposi

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