Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Corporate Update (March 2016)
25 slides from Antipa Minerals's corporate update, March 2016
Slide 1: Antipa Exploration Update
Antipa Exploration Update March 2016
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 programme and other statements that are not historical fa
Slide 3: Paterson Super Project – Overview
Paterson Super Project – Overview • Three large Projects covering 4,356 km2 across 160 km north to south: • Citadel Project = 1,335 km2 • North Telfer Project = 1,310 km2 • Paterson & Telfer Dome Projects = 1,711 km2 • Project areas have all the key elements for hosting major gold and base metal dep
Slide 4: Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity • 100% owned Minyari and WACA tenements host significant high-grade gold (with copper) oxide and primary mineralisation deposits • Minyari Dome and Minyari Deposit interpreted to be a direct Telfer analogue • Mineralisation close to surface and potentia
Slide 5: Intersection highlights from prior drilling include
Minyari Dome – Exciting High-Grade Opportunity Intersection highlights from prior drilling include: • 38.0m at 4.47 g/t gold and 0.05% copper from 88.0m downhole (MHC086-3; 100650 North; DDH) • 35.5m at 3.16 g/t gold and 0.56% copper from 9.0m downhole (MHR065-7; 100650 North; RC Drillhole) • 24.5m
Slide 6: Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity Antipa Minerals - Presentation March 2016 66
Slide 7: Minyari Deposit oxide gold mineralisation exposed within a costean
Minyari Dome – Exciting High-Grade Opportunity Minyari Deposit oxide gold mineralisation under less than 1 metre of cover exposed within a 220m long costean constructed by Newmont in 1987 for the collection of two bulk samples across drill section 100,675 North (Local Grid): Sample results were 8.0
Slide 8: Deposit – Strategy and Objectives
Minyari Deposit – Strategy and Objectives • 2008 Newcrest IP survey results show strong correlation with known Minyari and WACA mineralisation • Multiple untested additional (stronger) IP Chargeability anomalies within the broader Minyari Dome • Extremely limited and widespread deeper drilling all i
Slide 9: Dome – Significant Exploration Upside
Minyari Dome – Significant Exploration Upside • Minyari deposit and Minyari Dome setting interpreted to be direct analogue for the Telfer gold-copper-silver deposit 40km to the south • Similarities between Minyari and Telfer mineral systems include: • Domal fold structure setting (i.e. Telfer Dome a
Slide 10: Deposit – Strategy and Objectives
Minyari Deposit – Strategy and Objectives Evaluate Minyari as a possible near term production opportunity including: • Phased exploration programme to: • Validate (‘QAQC’) existing Minyari oxide mineralisation; • Extend Minyari oxide mineralisation; and • Extend Minyari primary mineralisation. • Met
Slide 11: Citadel Project – Magnum Dome Mineral Camp
Citadel Project – Magnum Dome Mineral Camp • Just 30km2 of the expansive 1,335km2 Citadel Project • Only six prospects diamond or RC drill tested; • Three mineral deposits discovered • Significant intersections from two other targets • All deposits within 1 to 4 km of each other • Multi-commodity Mi
Slide 12: Calibre Deposit – High-Grade Opportunities
Calibre Deposit – High-Grade Opportunities • High and medium grade intersections including: – 30.0m at 2.30 g/t Au, 0.20% Cu including: – 6.0m at 6.99 g/t Au, 0.48% Cu, also including; – 1.0m at 22.76 g/t Au, 0.26% Cu – 81.0m at 1.83 g/t Au, 0.15% Cu including: – 63.0m at 2.21 g/t Au, 0.19% Cu, also
Slide 13: Magnum Deposit – High-Grade Opportunities
Magnum Deposit – High-Grade Opportunities • 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 opportunity 600m • Hosts higher-grade gold and copper lenses/shoots: • 112.0m @ 1.92 g/t Au & 0.10% Cu from 45
Slide 14: Citadel Project - IP Programme Objectives & Metrics
Citadel Project - IP Programme Objectives & Metrics • Extensive Induced Polarisation (IP) electrical geophysical survey planned to commence prior to the end of March • IP survey to cover up to 16 target areas within 7 survey areas covering 400km2 of the Citadel Project • Exploration fully funded by
Slide 15: Paterson and Telfer Dome Projects – Prime Real Estate
Paterson and Telfer Dome Projects – Prime Real Estate • Two Projects covering 1,711 km2 of highly prospective ground across 70 km north to south: • Paterson Project = 1,573 km2 (granted) • Telfer Dome Project = 138 km2 (58 km2 granted) • Tenements to within 5 km of the Telfer Mine and 7 km of the O'
Slide 16: Corporate Overview
Corporate Overview Capital Structure (15 March 2016) Background & Milestones Ordinary Shares 634.7 million Listed on ASX 19 April 2011 following successful completion of A$10 million IPO Options (weighted avg price A$0.014) 310.2 million Citadel Project acquired from Centaurus Metals for IPO Current
Slide 17: Board and Management
Board and Management Stephen Power, LLB • Commercial lawyer with 30 years experience advising participants in the resources industry Executive Chairman in Australia and overseas including Africa and South America. Previously a Non-Executive director of Karoon Gas Australia Ltd. Roger Mason BSc (Hons
Slide 18: Notes
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Slide 19: Competent Persons Statement – Exploration Results
Notes 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 Magnum, Corker and Calibre created between 7 September 2011 and the 9 September 2014, including; • Re
Slide 20: Calibre Deposit – Intersection Drillhole Information
Calibre Deposit – Intersection Drillhole Information • 30.0m at 2.30 g/t Au, 0.20% Cu from 107.0m downhole (15ACC0001; RC-DH on 11,400 North), including: – 6.0m at 6.99 g/t Au, 0.48% Cu from 109.0m downhole, also including; – 1.0m at 22.76 g/t Au, 0.26% Cu from 110.0m downhole • 81.0m at 1.83 g/t Au
Slide 21: Rio Tinto - Antipa Joint Venture - Citadel Project
Rio Tinto - Antipa Joint Venture - Citadel Project • Rio Tinto to fund up to $60M to earn up to a 75% interest in the Citadel Project by incurring exploration expenditure in the following stages and amounts; • $3 million within 18 months of execution; • $8 million within a further 3 year period to e
Slide 22: Dome – Exciting High-Grade Opportunity
Minyari Dome – Exciting High-Grade Opportunity • High to very high grade Oxide and Primary (sulphide) gold (and copper) mineralisation • Highly favourable geological setting: • Domal structure • Carbonate bearing reactive host rocks (including the Formation which hosts the Telfer deposit) • Excellen
Slide 23: Dome – Discovery Opportunity 'Telfer' High-Grade
Minyari Dome – Discovery Opportunity ‘Telfer’ High-Grade Minyari High-grade Gold Gold ± Copper Mineralisation: ± Copper Targets = High-Grade Reef Style = Variable Grade Breccia Style = Low-Grade Stockwork Vein Style Approximate Erosional (Surface) Level Magmatic fluids 1,000 to 2,000 metres (reduced
Slide 24: Telfer High-Grade Analogue for Minyari and Calibre
Telfer High-Grade Analogue for Minyari and Calibre Telfer’s June 2000 U/G Mineral Resource was 3.5 Mt @ 13.8 g/t Au for 1.5Moz Very high-grade (e.g. 16.1m @ 52.2 g/t Au & 2.9% Cu) classic Telfer Reef Style stratabound (thrust related) mineralisation VSC dominated by low-grade high tonnage mineralisa
Slide 25: Citadel Project - IP Programme – Over VTEM
Citadel Project - IP Programme – Over VTEM • Citadel Project showing deposits, targets, IP survey regions and Antipa tenements over VTEM™ image • NB: VTEM™ Channel 35 dB/dt Z-Component pseudo-colour electromagnetic conductivity image • Regional GDA94 / MGA Zone 51 co-ordinates, 10km grid) Antipa Min