Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (February 2020)
17 slides from Canterbury Resources's investor presentation, Feb 20, 2020
Slide 1: Investor Presentation February 2020
For personal use only Investor Presentation February 2020
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement For personal use only 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 20 February 2020, for the purpose of continuous disclosure, on the basis of info
Slide 3: Canterbury Resources Limited
Canterbury Resources Limited ASX: CBY For personal use only Canterbury is an emerging resource company focused on generating and exploring potential Tier-1 copper-gold projects in the southwest Pacific. It has built a strong portfolio of projects in Australia, Papua New Guinea and Vanuatu that are p
Slide 4: Board and Company Secretaries
For personal use only Non-executive Chairman John Anderson Managing Director Grant Craighead Executive Director Michael Erceg Non-executive Directors Robyn Watts Ross Moller Company Secretaries Ross Moller Véronique Morgan-Smith 4
Slide 5: Investment Highlights
Investment Highlights For personal use only • Exploration exposure in the SW Pacific – a region that hosts multiple Tier-1 Cu-Au assets • e.g. Grasberg, OK Tedi, Bougainville, Lihir, Wafi-Golpu, Porgera, Cadia • SolGold (LME: SOLG) & Stavely (ASX: SVY) demonstrate the investment leverage of successf
Slide 6: Project Overview
Project Overview For personal use only Queensland – Large Cu-Au-Mo Porphyry Systems • Briggs (CBY 100%) – systematic testing of a large porphyry Cu deposit • 2019 drilling encountered very broad intervals of copper mineralisation over a strike length of up to ~600m, widths of up to 350m and depths o
Slide 7: SE Queensland Projects - CBY 100%
SE Queensland Projects - CBY 100% For personal use only Briggs & Mannersley Acquired from Rio Tinto in 2017 • RTX has a 1% NSR, plus a back-in right for a 60% JV interest, triggered by a +$1 billion in situ resource • Back-in involves $15m payment to Canterbury, plus sole-funding $50m On the Mt Morg
Slide 8: Briggs Deposit – 2019 Drill Program
Briggs Deposit – 2019 Drill Program For personal use only 8
Slide 9: Briggs Deposit – 2019 Drill Program
Briggs Deposit – 2019 Drill Program For personal use only • Large copper porphyry system outlined over a ~2km strike length • CBY’s 2019 program tested a ~600m strike length of the Central Porphyry Zone • All holes encountered Cu mineralisation throughout, including higher grade features: • BD019-00
Slide 10: Briggs Deposit – Higher Grade Features
Briggs Deposit – Higher Grade Features For personal use only Selected core photos of copper mineralisation from BD019-003 & BD019-004 Massive quartz interval in BD019-003 28m at 0.83% Cu in the “out-flow” zone BD019-004 in ‘western margin’ zone. Multiphase quartz-chalcopyrite and quartz-k-feldspar v
Slide 11: Indicative Timeline
Indicative Timeline For personal use only Dec ‘19 Jan ’20 Feb ‘20 Mar ‘20 Apr‘20 Briggs Drilling Completed Briggs Assaying Progressive Results Dec-Feb Resource Estimation CBY & SRK Rio Tinto ‘Back-In’ Decision Up to 90 Days Third Party DD Dataroom Assessment & Site Visits Across Multiple Projects 20
Slide 12: Ekuti Range Project – CBY 100%
Ekuti Range Project – CBY 100% For personal use only Epithermal Au lodes overlying Cu-Au porphyry systems • Historical drilling tested high grade 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, 0.3% Cu & 0.8m at 25.6g/t Au, 0.4% Cu • CBY scout drilling at
Slide 13: Schematic Geological Model of Ekoato Prospect
Schematic Geological Model of Ekoato Prospect For personal use only Ekoato Program • 2019 drilling tested a zone of mineralised hydrothermal breccia overlying an interpreted intrusive (porphyry) • Significant Cu-Au discoveries are noted at Ok Tedi in a comparable setting • A high grade gold structur
Slide 14: Yalua – A New Copper Prospect
Yalua – A New Copper Prospect For personal use only • Located in the southern portion of CBY’s 100% owned Ekuti Range tenements • A significant copper-molybdenum anomaly, including: • A central dioritic intrusion mapped over 500m • Quartz-sulphide (pyrite & chalcopyrite) vein stockwork in surroundin
Slide 15: Wamum – Application Proximal to Wafi-Golpu
Wamum – Application Proximal to Wafi-Golpu For personal use only • Located located northwest of Newcrest-Harmony’s world-class Wafi-Golpu Project • Covers known copper-gold porphyry systems at Idzan Creek and Wamum • Plus multiple targets outlined by surface geochemistry and geophysics • Historic ex
Slide 16: Bismarck Project Overview
Bismarck Project Overview For personal use only Large Cu-Au Porphyry Systems in Central Manus Island • Rio Tinto sole-funding exploration to increase JV interest from 60% to 80% • Geophysical surveys & surface sampling identified major targets hidden beneath an advanced argillic alteration lithocap
Slide 17: Summary
Summary For personal use only A High Leverage Copper-Gold Explorer • Regional exploration experts, responsible for drilling the discovery hole at Golpu • Strong pipeline of large scale Cu-Au and Au-Ag prospects established in proven mineral provinces • SolGold (LME: SOLG, Mkt Cap ~$750 million) & St
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