Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Shareholder Meeting (November 2016)
31 slides from Canterbury Resources's shareholder meeting presentation, Nov 25, 2016
Slide 1: Canterbury Resources Limited Annual General Meeting 2016
Canterbury Resources Limited Annual General Meeting 2016 25th November 2016
Slide 2: Board of Directors
Board of Directors CHAIRMAN JOHN ANDERSON DIRECTORS GRANT CRAIGHEAD G A R Y FA L L O N ROSS MOLLER STEPHEN BARTROP C O M PA N Y S E C R E TA R I E S ROSS MOLLER VÉRONIQUE MORGAN-SMITH C O M PA N Y A U D I T O R BARNES DOWELL JAMES 2 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 3: Meeting Outline
Meeting Outline • Proxies received – 15,902,290 (50.7%) • Proposed resolutions: 1. Receiving financial report 2. Re-election of Gary Fallon 3. Re-election of Grant Craighead 4. Adopt the remuneration report 5. Approval of granting of options • Operational report 3 Canterbury Resources Ltd - 2016 AGM
Slide 4: Resolution 1
Resolution 1 “To receive and consider the Report of the Directors and the Financial Report for the period ended 30 June 2016” Summary of proxies For Against Abstain Proxy Total discretion 15,902,290 0 0 0 15,902,290 4 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 5: Resolution 2
Resolution 2 “To elect as a Director Mr Gary Fallon, who retires by rotation in accordance with Article 12.11 of the Company’s Constitution and who is eligible for re-election” Summary of proxies For Against Abstain Proxy Total discretion 15,902,290 0 0 0 15,902,290 5 Canterbury Resources Ltd - 2016
Slide 6: Resolution 3
Resolution 3 “To elect as a Director Mr Grant Craighead, who retires by rotation in accordance with Article 12.11 of the Company’s Constitution and who is eligible for re-election” Summary of proxies For Against Abstain Proxy Total discretion 15,902,290 0 0 0 15,902,290 6 Canterbury Resources Ltd -
Slide 7: Resolution 4
Resolution 4 “That the Remuneration Report for the year ended 30 June 2016 be adopted” Summary of proxies For Against Abstain Proxy Total discretion 15,902,290 0 0 0 15,902,290 7 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 8: Resolution 5
Resolution 5 “That granting of 4,288,888 20-cent options expiring 30 June 2018, to option holders who accepted an offer for early exercise of 9-cent options, be approved” Summary of proxies For Against Abstain Proxy Total discretion 8,379,130 0 7,523,160 0 15,902,290 8 Canterbury Resources Ltd - 201
Slide 9: Operational Report Introduction
Operational Report Introduction • Strong portfolio of operating projects established in PNG, Vanuatu and Queensland • Market conditions improving for junior resource companies. Discussions well advanced with several groups interested in supporting a listing event for Canterbury. • Excellent progress
Slide 10: Vanuatu Exploration
Vanuatu Exploration 10 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 11: Vanuatu Exploration
Vanuatu Exploration • 2 granted PL’s on Malekula, plus 3 PLA’s • Reconnaissance mapping & sampling completed - widespread alteration & anomalous mineralisation observed • Field activities disrupted by cyclone Pam • Resumption of reconnaissance activities planned for 2017 • 2 PLA’s on Santo • Provinc
Slide 12: Briggs & Mannersley
Briggs & Mannersley • Canterbury acquiring two tenements from Rio Tinto covering several Cu-Au porphyry targets in Queensland • Transfer of tenements anticipated over the next few months • Historic activity includes: • First identified by Noranda in 1969 – low grade, near surface copper resources de
Slide 13: Canterbury Resources Ltd - 2016 AGM 25th November 2016
13 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 14: PNG Exploration
PNG Exploration • Strong tenement position in the well endowed Morobe Province • Three licences granted, covering: • high grade Cu-Au mineralisation hosted within shear zones • bulk tonnage, near surface Cu-Au porphyry systems • Canterbury activity to date includes: • reconnaissance geological mappi
Slide 15: Ekuti Range Project - PNG
Ekuti Range Project - PNG • Well endowed Morobe Province: • Wafi-Golpu development project • 28Moz gold, 8.8Mt copper • Hidden Valley mine • 200,000oz pa gold • Two target styles, ‘ready to drill’: • Bulk tonnage, near surface Cu-Au porphyry systems – five targets identified to date • Narrow high gr
Slide 16: Canterbury Resources Ltd - 2016 AGM 25th November 2016
16 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 17: Assessment Team at Chopper Pad, Mile Lae
17 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Assessment Team at Chopper Pad, 9 Mile Lae
Slide 18: Wafi-Golpu
18 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Wafi-Golpu
Slide 19: Sulphide Outcrop, Otibanda Lode
19 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Sulphide Outcrop, Otibanda Lode
Slide 20: Wanu at Sulphide Outcrop, Otibanda Lode
20 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Wanu at Sulphide Outcrop, Otibanda Lode
Slide 21: Porphyry Targets
Porphyry Targets • Four porphyry intrusive centres already confirmed • Ekoato, Kopekio, Otibanda and Weke • Plus a potential fifth centre below the Mt Leahy lithocap zone • Limited additional work required before being ‘drill ready’ • Ekoato - chlorite-pyrite-magnetite altered diorite intrusions wit
Slide 22: Canterbury Resources Ltd - 2016 AGM 25th November 2016
22 Canterbury Resources Ltd - 2016 AGM 25th November 2016
Slide 23: Ekoato Village
23 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Ekoato Village
Slide 24: Sampling Float, Ekoato
24 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Sampling Float, Ekoato
Slide 25: Altered Schist with Sheeted Quartz-Sulphide Stockwork
25 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Altered Schist with Sheeted Quartz-Sulphide Stockwork
Slide 26: Altered Schist with Sulphide Fractures
26 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Altered Schist with Sulphide Fractures
Slide 27: Clay-Pyrite Altered Intrusive
27 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Clay-Pyrite Altered Intrusive
Slide 28: Quartz Veined Sediment
28 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Quartz Veined Sediment
Slide 29: Hydrothermal Breccia with Sulphides in Matrix
29 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Hydrothermal Breccia with Sulphides in Matrix
Slide 30: PNG – Next Steps
PNG – Next Steps • Transition to drilling phase on the porphyry targets asap • JV discussions well advanced to support funding the next phase of exploration • Refine drill targets, including consideration of further geophysics • Commence sequential drilling campaigns from 2017 • Reconnaissance mappi
Slide 31: Thank You
31 Canterbury Resources Ltd - 2016 AGM 25th November 2016 Thank You
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