Antipa Minerals Limited · ASX:AZY
Antipa Minerals — RIU Explorers Conference 2019
35 slides from Antipa Minerals's conference presentation, February 2019
Slide 1: Unlocking the Paterson Province
Unlocking the Paterson Province RIU Explorers Conference Presentation | February 2019 ASX Code : AZY www.antipaminerals.com.au
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 ‘Company’). Unless otherwise stated herein, the information in this document is based on the Company’s own information and estimates. In viewing this
Slide 3: Large Scale and World Class Assets in Emerging Region
Large Scale and World Class Assets in Emerging Region • Three Large Projects – Citadel, North Telfer and Paterson • 5,500km2 tenement holding in the demonstrated World Class Paterson Province in Western Australia • Extending to within 5 km of Rio Tinto’s recent Winu discovery and 3 km of the Telfer
Slide 4: Compelling Investment Opportunity
Compelling Investment Opportunity • 5,500km2 under‐explored World Class exploration ground – within 5km of recent Rio Tinto Winu discovery and 3km of Telfer Mine • $60M Rio Tinto1 farm‐in on 1,300km2 Citadel Project to earn 75% interest • Citadel Project ‐ Antipa/Rio Tinto joint venture existing com
Slide 5: Corporate Snapshot
Corporate Snapshot (ASX : AZY) Capital Structure Share Performance (LTM) $0.040 350 Volume 11 December 2018 Shares on Issue (M) 1,807 15 November 2018 Release of North Telfer exploration results (Undiluted) Last Price Further Copper & Gold 300 $0.035 18 February 2019 Mineralisation Commencement of M
Slide 6: World Class Exploration Asset
World Class Exploration Asset Highly prospective province • Proven precious and base metals province • Telfer = 32M oz gold, 1M tonnes of copper pre‐mining • Nifty = 2M tonnes of copper pre‐mining • O’Callaghans = In excess of 5% of the world’s tungsten in resource • Havieron = 275m at 4.8g/t Au and
Slide 7: World Class Mineral Province – First Mover Advantage
World Class Mineral Province – First Mover Advantage Before December 2017: After December 2017: = 1,000km2 + 1,335km2 in JV = 11,036km2 + 1,760km2 in JVs =0 = 5,310km2 270 km 155 km 7
Slide 8: Highest Quality Land Package in the Paterson Province
Highest Quality Land Package in the Paterson Province c.50% of Antipa tenements are under less than 20m cover c.80% of Antipa tenements are under less than 80m cover 8
Slide 9: World Class Exploration Potential
World Class Exploration Potential Highly prospective Structural Corridors • Major structural corridors formed across the province during large scale geological events • These structural corridors provide the conduits and mechanism for the movement of hot mineralised fluids related to underlying gran
Slide 10: AEM Survey Identifies Multiple High-Priority Gold-Copper Targets
AEM Survey Identifies Multiple High‐Priority Gold‐Copper Targets 1,100 km2 AEM Survey Completed over 100% Antipa Projects • AEM responsible for multiple discoveries since 2011 • Conductors can represent sulphides related to gold and/or copper mineralisation • Field reconnaissance and heritage survey
Slide 11: 2019CY-H1 Proposed Phase 1 Exploration Programme – AEM Target Drilling
2019CY‐H1 Proposed Phase 1 Exploration Programme – AEM Target Drilling Programme Proposed Phase 1 AEM Drilling Programme: 100km • Up to 20,000m Air Core and Slim‐Line RC drilling programme commencing April 2019 • Test up to 23 of the 2018 AEM targets (EM Conductivity anomalies): • 9 x Red Priority 1
Slide 12: 2019CY-H2 Proposed Phase 2 Exploration Programme – Aeromagnetic Targets
2019CY‐H2 Proposed Phase 2 Exploration Programme – Aeromagnetic Targets December 2018 Aeromagnetic Survey • 260km2 aeromagnetic survey highlights several Havieron gold‐copper deposit lookalike magnetic anomalies; • Triangle area key structures identified; and • Drill targets located 8km north of Rio
Slide 13: Southern 100% Antipa Project Area – Hosts Minyari-WACA Resource
Southern 100% Antipa Project Area – Hosts Minyari‐WACA Resource and Brownfields Propsects 13
Slide 14: High Priority Brownfields Resource Targets - 2019
High Priority Brownfields Resource Targets ‐ 2019 Turkey Farm Potential for • Located 1km west of Chicken Ranch with surface gold nuggets identified Additional • Historic drill intersections from broad (200m) spaced holes along 750m strike include: Shallow (Oxide) • 7.0m at 2.40 g/t Au from 65m, inc
Slide 15: Minyari Dome – 2018 Exploration Results and Next Steps
Minyari Dome – 2018 Exploration Results and Next Steps 2018 Exploration Programme • RC programme focused on identifying new mineralisation in close proximity to existing high‐grade Minyari and WACA Mineral Resources • Discovery of new zones of significant mineralisation at Minyari South and Judes hi
Slide 16: Chicken Ranch and Turkey Farm
Chicken Ranch and Turkey Farm Chicken Ranch • Located 15km from Telfer and 25km from Minyari‐WACA • High‐grade gold mineralisation from as shallow as 1m • Mineralisation along a 3km strike length within four or more parallel mineralised gold trends Large Exploration Upside • Significant +1 g/t gold
Slide 17: Tim's Dome
Tim’s Dome Tim’s Dome • 12 km along strike of the giant Telfer gold‐copper‐silver mine and 35 km from Minyari‐WACA • Gold ± copper mineralisation occurs from as shallow as 1m from surface • Up to 200m wide gold bearing corridor over 3km long (within broader 8km trend) • Re‐emergence of Telfer Dome s
Slide 18: Citadel Project – Rio Tinto Farm-in and Joint Venture
Citadel Project – Rio Tinto Farm‐in and Joint Venture Rio Tinto $60M Staged Earn‐In • Rio Tinto can earn up to 75% by spending up to $60M1 • Citadel Project 5km east of Rio Tinto’s Winu discovery Calibre Deposit (Gold, Copper, Silver, Tungsten) • Large deposit with 1.5 km of defined strike ‐ Resourc
Slide 19: Indicative Timetable
Indicative Timetable December 2018 Quarter March 2019 Quarter June 2019 Quarter Greenfields Exploration – Aerial EM Target Planning (including Heritage Second Heritage Survey, Followed by Air‐core ± RC Drill Testing of Survey) and Aeromagnetic Survey High Priority AEM and Aeromagnetic Targets incl.
Slide 20: Contacts
Contacts 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 ASX Code
Slide 21: Appendix: Board and Management +160 Years Experience
Appendix: Board and Management +160 Years 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 32
Slide 22: Appendix: Minyari, WACA, Calibre and Magnum Mineral Resource Statements
Appendix: Minyari, WACA, Calibre and Magnum Mineral Resource Statements North Telfer Project Deposit & Gold Resource Tonnes Gold Grade Copper Grade Silver Grade Cobalt Gold Copper Silver Cobalt Cut‐off Grade* Category (Mt) (g/t) (%) (g/t) (ppm) (oz) (t) (oz) (t) Minyari 0.5 Au Indicated 3.2 1.9 0.3
Slide 23: Appendix: Minyari Dome – Established High-Grade Open Pittable Resource
Appendix: Minyari Dome – Established High‐Grade Open Pittable Resource 23
Slide 24: Appendix: Chicken Ranch – Shallow High-Grade Gold Opportunity
Appendix: Chicken Ranch – Shallow High‐Grade Gold Opportunity 50m 50m Chicken Ranch High‐grade Gold ± Copper Mineralisation Potential Poorly Tested • Many high‐grade gold shoots remain open • Largely shallow drilling – Primary mineralisation untested • Multiple poorly tested mineralised trends displ
Slide 25: Appendix: Tim's Dome – High-Grade Gold Opportunity
Appendix: Tim’s Dome – High‐Grade Gold Opportunity Telfer to Tim’s Dome Interpreted Long Section (looking Telfer mine grid west) Re‐emergence of the Telfer Dome Structures and Mine Host Sequence at Tim’s Dome Where High‐grade Telfer reef and Vein Style Gold ± Copper Mineralisation Potential is Poorl
Slide 26: Appendix: Tim's Dome – 2018 Exploration Programme and Next Steps
Appendix: Tim’s Dome – 2018 Exploration Programme and Next Steps Maiden Resource Potential • Drilling returned significant zones of thick gold mineralisation with similar or higher grades to Newcrest’s nearby Telfer gold mine open pit resource grade1 • Highlights include: o 8.0m at 1.81 g/t Au and 0
Slide 27: Appendix: Chicken Ranch – Detailed Drill Result Plan
Appendix: Chicken Ranch – Detailed Drill Result Plan 27
Slide 28: 2019CY-H1 Phase 1 Exploration Programme – AEM Target Air Core Drilling
2019CY‐H1 Proposed Phase 1 Exploration Programme – AEM Target Air Core Drilling Programme 100km NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) AEM Targets during Phase 1 Drilling Programme 28
Slide 29: 2019CY-H1 Phase 1 Exploration Programme – AEM Target Air Core Drilling
2019CY‐H1 Proposed Phase 1 Exploration Programme – AEM Target Air Core Drilling Programme NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) AEM Targets 100km during Phase 1 Drilling Programme 29
Slide 30: 2019CY-H1 Phase 1 Exploration Programme – AEM Target Air Core Drilling
2019CY‐H1 Proposed Phase 1 Exploration Programme – AEM Target Air Core Drilling Programme 100km NOTE: Plan is to test all Priority # 1 (red) & Priority # 2 (yellow) AEM Targets during Phase 1 Drilling Programme 30
Slide 31: 2019CY-H2 Phase 2 Exploration Programme – Aeromagnetic Targets
2019CY‐H2 Proposed Phase 2 Exploration Programme – Aeromagnetic Targets 31
Slide 32: 2019CY-H2 Phase 2 Exploration Programme – Aeromagnetic Targets
2019CY‐H2 Proposed Phase 2 Exploration Programme – Aeromagnetic Targets 32
Slide 33: Appendix: Competent Person Statements
Appendix: Competent Person Statements Competent Persons Statement – Exploration Results The information in this report that relates to the Exploration Results is extracted from the following: Reports entitled various relating to Antipa’s Paterson Province projects created between 7 September 2011 an
Slide 34: Appendix: Competent Person Statements - Continued from previous page
Appendix: Competent Person Statements ‐ Continued from previous page • Report entitled “Minyari Dome Phase 1 Final Assay Results – Further Drilling Commencing September” created on 31 August 2017; • Report entitled “Citadel Project Exploration Update” created on 2 October 2017; • Report entitled “No
Slide 35: ASX Code : AZY www.antipaminerals.com.au
ASX Code : AZY www.antipaminerals.com.au