Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Corporate Update (May 2013)
32 slides from Antipa Minerals's corporate update, May 22, 2013
Slide 1: Big Assets + Leverage = Big Opportunity
Big Assets + Leverage = Big Opportunity Presentation May 2013
Slide 2: Disclaimer and Important Information
Disclaimer and Important Information Forward-Looking Statements • This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Antipa Mineral Ltd’s planned exploration program and other statements that are not historical fact
Slide 3: Big Assets + Leverage = Big Opportunity
Big Assets + Leverage = Big Opportunity • Experienced and dedicated team with proven track record • Exploring for big mineral deposits • Largest granted tenement holder in the highly prospective, under-explored Paterson Province • First mover advantage (new generation geophysics) • Proof of explorat
Slide 4: Corporate Overview
Corporate Overview Capital Structure (21 May 2013) Background & History Ordinary Shares 179.2 million* Listed on ASX 19 April 2011 following successful completion of A$10 million IPO Options 66.6 million* Citadel Project acquired from Centaurus Metals in April 2011 Current Share Price A$0.057 for sh
Slide 5: Board and Management
Board and Management Stephen Power, LLB - Executive Chairman • Commercial lawyer with 26 years experience advising participants in the resources industry in Australia and overseas including Africa and South America. Non-Executive director of Karoon Gas Australia. Roger Mason BSc (Hons) MAusIMM - Man
Slide 6: Antipa's Big Assets
Antipa’s Big Assets Antipa Minerals - Presentation May 2013 6
Slide 7: Paterson Province - Big Opportunity
Paterson Province - Big Opportunity • Grossly under explored highly prospective region located in a politically stable jurisdiction • Highly endowed, multiple commodity mineral province: Hosts world-class gold, copper, tungsten and base metal deposits • Highly unlikely that the Proterozoic Paterson
Slide 8: Citadel Project – Magnum Dome Mineral Camp
Citadel Project – Magnum Dome Mineral Camp Magnum Dome: • Area just 30km2 • Only six prospects diamond or RC drill tested; • Three mineral deposits discovered • Significant intersections from two other targets • All within 1 to 4 km of each other • Multi-commodity Mineral Camp; • Au, Cu, Ag, Pb, Zn,
Slide 9: Calibre Deposit – Big Discovery – Huge Potential
Calibre Deposit – Big Discovery – Huge Potential • Located 1km northeast of Magnum • Antipa greenfield WA gold-copper- silver-tungsten discovery • Bulls-eye magnetic and coincident EM conductivity anomaly • 87.3m @ 1.17 g/t Au, 0.12% Cu, 0.68 g/t Ag and 0.05% W = Gold equivalent grade of 1.60 g/t or
Slide 10: Calibre Deposit – Big Discovery – Huge Potential
Calibre Deposit – Big Discovery – Huge Potential 600 metres • Just six drillholes completed testing a small region of a magnetic anomaly 800m long by 600m wide by +630m deep • Surface Fixed-Loop EM (FLEM) Conductivity anomaly supports strike extension of mineralisation 800 metres • Mineralisation po
Slide 11: Citadel Project - 2013 Exploration Objectives
Citadel Project - 2013 Exploration Objectives • Phase 2 Programme Calibre objectives: • Test the stronger DHEM conductivity anomalies potentially representing an increase in sulphides and grade • Test region of improved grade on the north side of prospect • Locate the western edge of the mineralisat
Slide 12: Corker Prospect
Corker Prospect • Located < 4km north-northwest of Magnum • Antipa greenfield WA high-grade silver-lead-zinc-copper-gold±W discovery • 2011 VTEM helicopter survey bulls-eye late-time EM conductivity anomaly • Poly metallic mineralisation up to 1.6m thick • Mineralisation thickening to the north and
Slide 13: Corker Prospect
Corker Prospect • Future drilling to target thicker and shallower mineralisation positions • Possibility of supergene oxide mineralisation near base of transported cover • Possibility of multiple mineralised horizons including steep cross-cutting mineralised structures • Due to Corker’s polymetallic
Slide 14: Magnum Prospect - Potential Growing
Magnum Prospect - Potential Growing • Gold-Copper-Silver system 2km long x 600m wide x 600m deep and open in all directions • A significant low-grade, high tonnage gold– copper–silver Mineral Resource OPEN • 27.8 million tonnes at 0.5 g/t gold, 0.3% copper and 0.7 g/t silver • Contained metal 415,00
Slide 15: Magnum Prospect - Potential Growing
Magnum Prospect - Potential Growing 400 metres Antipa Minerals - Presentation May 2013 15
Slide 16: North Telfer Project – Prime Real Estate
North Telfer Project – Prime Real Estate • Abuts the southern boundary of the Citadel Project • 1,295km2 Project extends contiguous tenement holding from 55 to 115km north to south • 861km2 granted tenements • Greater than 95% of the North Telfer Project area is concealed beneath younger cover just
Slide 17: Antipa Achievement Timeline
Antipa Achievement Timeline 2013 Objectives • Significantly increase the mineral endowment and development opportunity of the Magnum Dome mineral • March - Magnum camp via drilling and Resource announced geophysical surveys at: • May - Greenfields • Calibre ± discovery at Corker of • Corker high-gra
Slide 18: Background Information
OW) ANTIPAMINERALS BACKGROUND INFORMATION
Slide 19: Industry Peers – Gold and Copper
Industry Peers – Gold and Copper Calibre = Antipa Minerals (AZY.ASX) - WA: • Just six drillholes; e.g. Intersection = 60.0m @ 0.89 g/t gold, 0.35% copper, 1.31 g/t silver and 0.04% tungsten - In situ value US$89/t Magnum = Antipa Minerals (AZY.ASX) - WA: • Mineral Resource = 27.8 million tonnes at 0
Slide 20: Notes
Notes Metal Equivalent Grades (except where otherwise stated): Gold equivalent grade (AuEq or Gold Equiv g/t) and Copper equivalent grade (CuEq or Copper Equiv %) are based on the following (30/01/2013) USD metal prices: $1,676.40/oz Au, $32.02/oz Ag, $3.71/lb Cu and $27,000/t W as scheelite (CaWO4)
Slide 21: Calibre Deposit – Ground magnetics
Calibre Deposit – Ground magnetics • High resolution ground magnetic survey confirms very large scale of Calibre target • Magnetic anomaly in excess of 800m long x 600m wide x 630m deep (below cover) • 3D magnetic inversion model which correlates best with mineralisation and base of cover has a volu
Slide 22: Calibre Deposit – Surface Electromagnetics
Calibre Deposit – Surface Electromagnetics • 350 to 450m long surface fixed-loop electromagnetic (FLEM) conductivity anomaly • FLEM anomaly extends beyond limits of drilling to the north and south • Significant portion of Calibre mineralisation is not conductive • Mineralisation intersected > 150m w
Slide 23: Calibre Deposit – Big Discovery – Huge Potential
Calibre Deposit – Big Discovery – Huge Potential Antipa Minerals - Presentation May 2013 23
Slide 24: Calibre Deposit – Significant Potential
Calibre Deposit – Significant Potential A very large metasediment and quartz vein to stockwork hosted sulphide breccia ± disseminated Au- Cu-Ag-W deposit Antipa Minerals - Presentation May 2013 24
Slide 25: Calibre Deposit – Significant Potential - Tungsten
Calibre Deposit – Significant Potential - Tungsten A very large metasediment and quartz vein to stockwork hosted sulphide breccia ± disseminated Au- Cu-Ag-W deposit; images show tungsten mineralisation which commonly occurs as very coarse-grained scheelite (blue luminescence under UV light) in quart
Slide 26: Magnum Deposit - Potential Growing
Magnum Deposit - Potential Growing Very large quartz vein hosted semi-massive to massive sulphide breccias ± matrix and disseminated Au-Cu-Ag deposit Antipa Minerals - Presentation May 2013 26
Slide 27: Breccia Evolution and Calibre Interpretation
Breccia Evolution and Calibre Interpretation Schematic diagram depicting brecciation development and showing interpreted relative positions of the first two Calibre drillholes and magnetic high and conductivity anomaly’s (DHEM) possible association with an increase in sulphide breccia hosted ± Cu- A
Slide 28: Corker Prospect – Conceptual Targets
Corker Prospect – Conceptual Targets Antipa Minerals - Presentation May 2013 28
Slide 29: Magnum Mineral Resource
Magnum Mineral Resource Magnum Deposit - Inferred Mineral Resource Statement March 2012 (0.3 g/t gold equivalent lower cut-off grade) Competent Persons Statement • The reported Magnum Deposit Mineral Resource has been compiled by Mr Patrick Adams, who is a Member of the Australasian Institute of Min
Slide 30: Citadel Project – Prime Real Estate
Citadel Project – Prime Real Estate • 1,700 km2 of prime real estate • Largest granted tenement holder in the highly prospective, under- explored Paterson Province • All the key geological and structural elements present for hosting intrusion related gold, copper, base metal and tungsten deposits •
Slide 31: Paterson Province World Class Potential - Telfer
Paterson Province World Class Potential - Telfer • Telfer Mine – Australia’s 3rd largest 2012 gold producer (2nd largest in 2010) • 540 koz gold and 31 kt copper p.a. at 0.9 g/t gold and 0.1% copper (and 367 koz silver) • Pre-mining 26 Moz gold and 1 Mt copper resource • Total Mineral Resource (Dec
Slide 32: Paterson Province World Class Potential – O'Callaghan's
Paterson Province World Class Potential – O’Callaghan’s • O’Callaghan’s is a large, flat, laterally extensive polymetallic skarn deposit 10km south of Telfer • Blind discovery – 350m below surface; Magnetics + EM + Geochem • Inferred Mineral Resource (Dec 2011) • 78 Mt @ 0.33% WO3 + 0.50% Zinc + 0.2