Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (December 2020)
15 slides from Canterbury Resources's investor presentation, Dec 8, 2020
Slide 1: Investor Update
For personal use only Investor Update 8th December 2020 Authorised by Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited ACN 152 189 369 Suite 108, 55 Miller St Pyrmont NSW 2009 ASX: CBY
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement This presentation has been prepared by Canterbury Resources Limited ACN 152 189 369 (Canterbury or the Company) on the basis of information available as at 4 December 2020, for the purpose of continuous disclosure, on the basis of information already disclos
Slide 3: Board and Company Secretaries
For personal use only Non-executive Chairman John Anderson Managing Director Grant Craighead Executive Director Michael Erceg Non-executive Directors Ross Moller Robyn Watts Company Secretaries Ross Moller Véronique Morgan-Smith 3
Slide 4: Canterbury Resources Limited
Canterbury Resources Limited ASX: CBY For personal use only Canterbury is exploring potential Tier-1 copper-gold projects in the SW Pacific and has built a strong portfolio in Papua New Guinea and Australia. The company is managed by experienced resource professionals, with a strong track record of
Slide 5: Introduction: A High Leverage Copper-Gold Explorer
Introduction For personal use only Canterbury Resources - A High Leverage Copper-Gold Explorer • Formed in 2011 to explore for potential Tier-1 Cu-Au deposits in the SW Pacific • Projects established in districts with favourable geology and reasonable accessibility • Successful drill programs comple
Slide 6: Project Overview
Project Overview For personal use only Papua New Guinea – Multiple Potential Tier-1 Assets • Wamum application (CBY 100%) – ‘rediscovered’ Cu-Au deposits near Wafi-Golpu • Maiden Mineral Resource estimates completed at Idzan Creek & Wamum Creek (containing 3.2Moz Au & 762kt Cu) • Scoping Study asses
Slide 7: PNG Morobe Province: Strategic Tenements in a Major Mineral District
PNG Morobe Province For personal use only Canterbury - Strategic Tenements in a Major Mineral District Ekuti Range Project covers porphyry and epithermal related mineralisation • Narrow, high grade epithermal lodes at Otibanda e.g. • OTI-003: 2.2m at 16.6g/t Au, 2.0% Cu • OTI-006: 2.5m at 15.3g/t Au
Slide 8: Wamum – EL2658 (application)
Wamum – EL2658 (application) For personal use only • Application covering known Cu-Au porphyry systems at the Idzan Creek & Wamum Creek deposits • Discovered by CRA in the 1970’s, plus periodic drilling by Highlands Gold, Barrick and Newcrest • 31 drill holes completed in the project area • CBY pers
Slide 9: Wamum Project – Selected Schematic Sections
Wamum Project – Selected Schematic Sections For personal use only 9
Slide 10: Wamum Project - Assessment Strategy
Wamum Project - Assessment Strategy For personal use only • Historical exploration has broadly outlined significant Cu-Au deposits at Idzan Creek & Wamum Creek • Mineral Resource estimates completed, based on historical data • Industry benchmarking indicates potential for an economic, standalone ope
Slide 11: Queensland Projects - CBY 100%
Queensland Projects - CBY 100% For personal use only Briggs & Mannersley Acquired from Rio Tinto in 2017 • Widespread porphyry style Cu-Mo-Au mineralisation • RTX retains various rights On the Mt Morgan (8Moz Au, 350kt Cu) Trend • Outstanding regional infrastructure (power, road, rail, port, skilled
Slide 12: Briggs Deposit – CBY Progress
Briggs Deposit – CBY Progress For personal use only • Large Cu porphyry system over a ~2km strike length • CBY drilling tested 600m strike length of Central Porphyry Zone • All holes encountered broad Cu mineralisation • Maiden Inferred Mineral resource estimate: • 142.8Mt at 0.29% Cu (414kt Cu) • D
Slide 13: Briggs Exploration Strategy
Briggs Exploration Strategy For personal use only • Canterbury has outlined a large, low grade copper resource • Higher grades (0.4%-1.0% Cu) are evident in quartz diapirs, quartz vein zones & along intrusive contacts • Future drilling will focus on higher-grade features, aimed at enhancing project
Slide 14: Peer Comparison – Selected Gold Explorers
Peer Comparison – Selected Gold Explorers For personal use only Company Resource Data Source Date Canterbury Quarterly Report 26-Oct-20 Kingston Investor Presentation 11-Nov-20 Prodigy Investor Presentation 11-Nov-20 Anova Quarterly Report 29-Oct-20 Bardoc Investor Presentation 11-Nov-20 Tietto Inve
Slide 15: Summary: A High Leverage Copper-Gold Explorer
Summary For personal use only A High Leverage Copper-Gold Explorer • Canterbury is exploring the SW Pacific for potential Tier-1 Cu-Au deposits • Prospective tenements established in districts with favourable geology and reasonable accessibility • Started trading on ASX in March 2019 • Successful dr
Canterbury Resources — Investor Presentation (December 2020) on 6ix