Antipa Minerals Limited · ASX:AZY

Antipa Minerals — Investor Presentation (August 2020)

25 slides from Antipa Minerals's investor presentation, August 2020

  1. Slide 1: Strategic Position in a World Class Mineral Province

    STRATEGIC POSITION IN A WORLD CLASS MINERAL PROVINCE INVESTOR PRESENTATION AUGUST 2020 ASX:AZY

  2. 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 Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this document ‘Company’). Unle

  3. Slide 3: Compelling Investment Opportunity

    COMPELLING INVESTMENT OPPORTUNITY Advancing world class exploration and development projects Significant Exploration and Resource Development Potential in World Class Paterson Province • 5,200km2 of under-explored gold and copper exploration ground in a province hosting producing mines and recent wo

  4. Slide 4: High-Quality Partners to Fast-Track Discoveries and Development

    HIGH-QUALITY PARTNERS TO FAST-TRACK DISCOVERIES AND DEVELOPMENT Farm-in/Joint Venture and development projects Citadel Project - $60m Rio Tinto JV for up to 75% interest • 1,330km2 Antipa / Rio Tinto JV with existing combined Mineral Resource: 1.6Moz gold at 0.8 g/t and 127kt copper at 0.20% just 45

  5. Slide 5: Rio Tinto Citadel Joint Venture

    RIO TINTO CITADEL JOINT VENTURE RIO TINTO CITADEL JV Overview • 1,330km2 Citadel Project • Existing Calibre-Magnum gold-copper-silver resource situated 45km east of Rio Tinto’s Winu copper-gold-silver development project which is targeting first production 20231 • $9.2m 2020 exploration programme fo

  6. Slide 6: Calibre Deposit (Rio Tinto JV)

    CALIBRE DEPOSIT (RIO TINTO JV) RIO TINTO CITADEL JV Significant Au-Cu-Ag Resource with growth potential Calibre Gold, Copper, Silver Deposit • Discovered by Antipa under 80m of cover • 1.6km long, up to 480m thick, extends 500m down dip - Remains open in all directions • Located just 45km east of Ri

  7. Slide 7: Established Resource Base – 100% Owned Ground

    ESTABLISHED RESOURCE BASE – 100% OWNED GROUND RESOURCE DEVELOPMENT Overview • Global Mineral Resource of 723koz at 2.0 g/t Au, 26kt at 0.24% Cu1 - Both deposits remain open down dip and along strike • High-grade gold shoots remain open down plunge – Including visible gold intersections grading up to

  8. Slide 8: Established Resource Base – 100% Owned Ground

    ESTABLISHED RESOURCE BASE – 100% OWNED GROUND RESOURCE DEVELOPMENT RESOURCE DEVELOPMENT Minyari Gold-Copper Deposit Investor Presentation: August 2020 8

  9. Slide 9: IGO Paterson Farm-In

    IGO PATERSON FARM-IN IGO PATERSON FARM-IN Overview • 1,563km2 Paterson Project comes to within 22km of Newcrest’s Telfer gold-copper mine and 8km of Rio Tinto’s Winu gold-copper deposit • Initial $4m minimum exploration programme within 2.5 years managed by Antipa • IGO may earn a 70% interest in th

  10. Slide 10: IGO Paterson Farm-In: Greenfield Exploration

    IGO PATERSON FARM-IN GREENFIELD EXPLORATION Reaper-Poblano-Serrano Gold-copper Trend Overview • 2019 limited, very broad spaced RC drilling intersects significant gold-copper mineralisation at Reaper, Poblano and Serrano along a 1.8km trend, including: • 4.0m at 8.1 g/t gold, 0.23% copper and 0.91 g

  11. Slide 11: Newcrest Wilki Farm-In

    NEWCREST WILKI FARM-IN NEWCREST WILKI FARM-IN Overview • 2,212km2 Wilki Project comes to within 3km of Newcrest’s Telfer gold-copper mine and 9km of the Havieron gold-copper deposit • Initial $6m minimum exploration programme within two years managed by Antipa • Newcrest may earn a 51% interest in t

  12. Slide 12: Newcrest Wilki Farm-In: Havieron Analogue Targets

    NEWCREST WILKI FARM-IN NEWCREST WILKI FARM-IN Greatland Gold’s and Newcrest’s Havieron Gold-Copper Deposit Wilki Farm-in Discovery Focus • Havieron analogue targets • High-grade gold + copper mineralisation • Geophysical signature: • Magnetic High • Gravity High • EM Conductor • High-grade sulphide

  13. Slide 13: Significant Greenfields and Brownfields 2020 Exploration Programme

    SIGNIFICANT GREENFIELDS AND BROWNFIELDS 2020 EXPLORATION TIMELINE CALENDAR YEAR EXPLORATION PROGRAMME Mar 2020 Quarter Jun 2020 Quarter Sep 2020 Quarter Dec 2020 Quarter Paterson Project Farm-in (IGO Funded): Farm-in Geophysical, Surface Geochemical Sampling, Mapping and Drilling Programmes – Greenf

  14. Slide 14: Corporate Snapshot – ASX: AZY

    CORPORATE SNAPSHOT – ASX: AZY CORPORATE Capital structure 2,440m $110.0m $9.0m N/A $101.0m 170.25m Shares on Issue (undiluted) Market Cap at $0.045/sh Cash1 Debt Enterprise Value Options2 Board of Directors Capital Breakdown Stephen Power • 33 years’ industry experience Executive Chairman • Extensiv

  15. Slide 15: Contact

    Contact 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 ANTIPAMINE

  16. Slide 16: Mineral Resource Summary

    MINERAL RESOURCE SUMMARY APPENDIX North Telfer Project (100% Antipa) Resource Deposit and Gold Cut-off Grade1 Category Tonnes (Mt) GoldGrade (g/t) CopperGrade (%) SilverGrade (g/t) Cobalt (ppm) Gold (oz) Copper (t) Silver (oz) Cobalt (t) Minyari 0.5Au Indicated 3.2 1.9 0.3 0.7 590 192,610 9,600 75,6

  17. Slide 17: Strategic Position in the World Class Paterson Province

    STRATEGIC POSITION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Depth of younger cover above Antipa’s Paterson Province basement • c.50% of Antipa tenements are under less than 20m cover • c.80% of Antipa tenements are under less than 80m cover Investor Presentation: August 2020 17

  18. Slide 18: Highly Prospective and Endowed Structural Corridor

    HIGHLY PROSPECTIVE AND ENDOWED STRUCTURAL CORRIDOR APPENDIX Greenfield exploration Overview • Antipa’s 100% owned ground and tenements being farmed into by Newcrest and IGO host significant strike extent of highly prospective El Paso Structural Corridor • Multiple prospects and targets: • Minyari-WA

  19. Slide 19: Paterson Province's World Class Potential: Telfer

    PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Newcrest’s Telfer High-grade Gold-Copper-Silver Deposit – Discovered in 1972 • Antipa’s Projects include the same structural, host-rock and hydrothermal mineralisation settings as Telfer • Telfer’s June 2000 Underground Mineral Resource was 3.5 Mt a

  20. Slide 20: Paterson Province's World Class Potential: Havieron

    PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Greatland Gold’s Havieron Gold-Copper Deposit - Discovery Announced 2018 1. Havieron deposit is the subject of a farm-in and joint venture agreement with Newcrest Mining Ltd able to earn up to a 70% joint venture interest via total expenditure of US

  21. Slide 21: Paterson Province's World Class Potential: Winu

    PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit - Discovery Announced 2019 Rio Tinto’s Winu copper-gold-silver deposit1 has all the hallmarks of a Tier 1 Mine in the making: • Winu drill intersections include1: • 763m at 0.44% copper, 0

  22. Slide 22: Winu Deposit – Satellite Imagery

    PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit – Satellite Imagery Rio Tinto’s Winu Copper-Gold-Silver Deposit = • 60m at 1.22 g/t Au and 1.03% Cu (WIDI0007 from 60m down hole)1; and • 763m at 0.65 g/t Au and 0.44% Cu (WINU0006 from 68

  23. Slide 23: Premium Location in the World Class Paterson Province

    PREMIUM LOCATION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Before December 2017: After December 2017: = 1,000km2 + = 10,700km2 + 1,335km2 in JV 2,270km2 in JVs =0 = 5,240km2 270 km 155 km Investor Presentation: August 2020 23

  24. Slide 24: JORC Competent Persons Statement

    JORC COMPETENT PERSONS STATEMENT APPENDIX Exploration Results The information in this document that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Roger Mason, a Competent Person who is a Member of The Australasian Institute o

  25. Slide 25: www.antipaminerals.com.au

    WWW.ANTIPAMINERALS.COM.AU Investor Presentation: August 2020 25

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