Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Precious Metals Summit (Beaver Creek) 2019
27 slides from Antipa Minerals's conference presentation, September 2019
Slide 1: First Mover Advantage in a World Class Mineral Province
FIRST MOVER ADVANTAGE IN A WORLD CLASS MINERAL + PROVINCE INVESTOR PRESENTATION SEPTEMBER 2019 ASX:AZY
Slide 2: Important Notice / Disclaimer
IMPORTA NT NOTICE / DISCLA IMER Nature of this document: The purpose of this document is to provide general information about Antipa Disclaimer: No representation or warranty, express or implied, is made by the Company that the material Minerals Limited (the ‘Company’). Unless otherwise stated herei
Slide 3: Compelling Investment Opportunity
COMPELLING INVESTMENT OPPORTUNITY A dvancing w orld class explorat ion and developm ent project s Strategic Position in World Class Paterson Province • 5,000km2 of under-explored precious and base metals exploration ground in a province hosting two large scale producing mines and recent world class
Slide 4: Corporate Snapshot – ASX: AZY
CORPORATE CORPORA TE SNA PSHOT – A SX: A ZY CA PITA L STRUCTURE 2,076m $22.8m $5.5m N/A Shares on Issue (undiluted) Market Cap at $0.011/sh Cash1 Debt $17.3m Enterprise Value 156m Options2 Note: All dollar figures in USD unless otherwise stated 1. Cash as at 30 June 2019 2. Options have an average e
Slide 5: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE Host to world class mineral deposits • Proven precious and base metals province hosting two large scale producing mines: o Telfer = 32Moz gold, 1Mt copper pre-mining o Nifty = 2Mt copper pre-mining o Both deposits were outcropping and
Slide 6: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE - Dept h of younger cover above Pat erson Province basem ent c.50% of Antipa tenements are under less than 20m cover c.80% of Antipa tenements are under less than 80m cover Host to world class mineral deposits Shallow cover and lack of
Slide 7: Highly Prospective Structural Corridor
HIGHLY PROSPECTIVE STRUCTURA L CORRIDOR GREENFIELD EXPLORATION 2019 Exploration Overview • AEM and Aeromagnetic surveys completed and +35 targets currently identified • Aggressive drilling campaigns planned to systematically test targets: o Strong newsflow outlook following commencement of drilling
Slide 8: Phase 1: AEM Drilling Programme
PHA SE 1: A EM DRILLING PROGRA MME GREENFIELD EXPLORATION Overview 100km • 1,100km2 AEM survey completed over 100% Antipa Projects in 2018: o 12 high priority copper-gold targets identified (28 in total) • Completed 13,000 metre air core (AC), slim-line RC and reverse circulation (RC) drilling progr
Slide 9: AEM Survey Gold-Copper Targets - AEM Target #28
A EM SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION - A EM Targ et # 28 350m and Open AEM Target # 28 assay results deliver 350m wide copper - cobalt - zinc ± gold ± silver anomaly: o Anomaly near surface and open in all directions (single drill line only and avg. hole depth 44m) o Anomaly sits
Slide 10: Phase 2: Exploration Programme
PHA SE 2: EXPLORA TION PROGRA MME GREENFIELD EXPLORATION Overview • 260km2 Aeromagnetic survey completed targeting Havieron gold- copper deposit lookalike magnetic anomalies: o 4 high priority gold-copper targets identified o Multiple additional gold-copper aeromagnetic targets identified o Triangle
Slide 11: Established High-Grade Resources
ESTA BLISHED HIGH-GRA DE RESOURCES RESOURCE DEVELOPMENT Overview • Global Mineral Resource of 827koz at 1.9 g/t Au, 26kt at 0.24% Cu, 4kt at 380ppm Co and 233koz at 0.7 g/t Ag • Deposits remain open down dip and along strike • Previous drilling near existing high-grade Minyari-WACA resources reveale
Slide 12: Rio Tinto Citadel Farm-In
RIO TINTO CITA DEL FA RM-IN RIO TINTO CITADEL FA RM-IN Overview • Rio Tinto can earn up to 75% by spending up to $41M • 1,300km2 Citadel Project 5km east of Rio Tinto’s Winu discovery Calibre Deposit (Gold, Copper, Silver, Tungsten) • Inferred Mineral Resource 47.7Mt at 0.85 g/t Au, 0.15% Cu and 0.4
Slide 13: Calibre Deposit (Rio Tinto Farm-In)
CA LIBRE DEPOSIT (RIO TINTO FA RM-IN) RIO TINTO CITADEL FA RM-IN Significant Au-Cu-Ag-W Resource w it h grow t h potent ial Calibre Gold, Copper, Silver, Tungsten Deposit • Discovered by Antipa under 80m of cover • 1.6km long, up to 480m thick, extends 500m down dip - Remains open in all directions
Slide 14: Aggressive Greenfields and Brownfields 2019 Exploration Programme
EXPLORATION TIMELINE A GGRESSIVE GREENFIELDS A ND BROW NFIELDS 2019 EXPLORA TION PROGRA MME MAR 2019 QUARTER JUN 2019 QUARTER SEP 2019 QUARTER DEC QUARTER 2019 Greenfields Exploration – Air Core and RC Drill Testing of incl. El Paso Corridor Heritage Surveys and Drill Mobilisation High Priority AEM
Slide 15: Contact
CONTA CT Executive Chairman Managing Director Mr St ep hen Pow er Mr Rog er Mason E: stephen.power@ant ipaminerals.com.au E: roger.mason@antipaminerals.com.au Co rp o rat e Office PO Box 795 Level 2, 16 Ord St reet West Pert h WA 6872 West Pert h WA 60 0 5 T: +61 8 94 81 110 3 A ust ralia F: +61 8 9
Slide 16: Mineral Resource Summary
MINERA L RESOURCE SUMMA RY A PPENDIX North Telfer Project and Paterson Project Deposit and Gold Cut-off Resource Tonnes Gold Grade Copper Grade Silver Grade Cobalt Gold Copper Silver Cobalt Grade* Category (Mt) (g/t) (%) (g/t) (ppm) (oz) (t) (oz) (t) Chicken Ranch Area 0.5 Au Inferred 0.8 1.6 - - -
Slide 17: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX 100km Drill testing all: • Priority # 1 (red) and • Priority # 2 (yellow) and • Several Priority # 3 (black) AEM Targets during 2019 17 ASX:AZY
Slide 18: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX Drill testing all Priority # 1 (red) and Priority # 2 (yellow) and several Priority # 3 (black) AEM Targets during 2019 100km 18 ASX:AZY
Slide 19: AEM Survey Gold-Copper Targets
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX Drill testing all: • Priority # 1 (red) and • Priority # 2 (yellow) and • Several Priority # 3 (black) AEM Targets during 2019 100km 19 ASX:AZY
Slide 20: AEM Survey Gold-Copper Targets: Phase 1 assay results
AEM SURVEY GOLD-COPPER TARGETS A PPENDIX Anomalous maximum downhole assay results for AEM Targets - Central region of 2019 Phase 1 drill programme • AEM target # 28 (“Grey”): • Within El Paso Structural (dome-syncline) Corridor • 2019 drilling defined 350m wide copper - cobalt - zinc ± gold ± silver
Slide 21: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS A PPENDIX 21 ASX:AZY
Slide 22: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS A PPENDIX 22 ASX:AZY
Slide 23: Minyari Dome
MINYA RI DOME – A PPENDIX Est ablished High-grade Shallow Au-Cu-Ag-Co Resource 23 ASX:AZY
Slide 24: Calibre Deposit (Rio Tinto Farm-In)
CA LIBRE DEPOSIT (RIO TINTO FA RM-IN) RIO TINTO CITADEL FA RM-IN Significant Au-Cu-Ag-W Resource w it h grow t h potent ial 24 ASX:AZY
Slide 25: JORC Competent Persons Statement
JORC COMPETENT PERSONS STA TEMENT – A PPENDIX Explorat ion Result s The information in this report that relates to the Exploration Results is extracted from the following reports relating to Antipa’s Paterson Province projects • Report entitled “Citadel Project Exploration Update” created on 2 Octob
Slide 26: Competent Persons Statement
COMPETENT PERSONS STA TEMENT – A PPENDIX Mineral Resources Competent Persons Statement – Mineral Resource Estimations for the Minyari-WACA Deposits, Calibre Deposit, Magnum Deposit and Chicken Ranch Area Deposits and Tim’s Dome Deposit The information in this report that relates to relates to the es
Slide 27: www.antipaminerals.com.au
WWW.ANTIPAMINERALS.COM.AU
Antipa Minerals — Precious Metals Summit (Beaver Creek) 2019 on 6ix