Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (September 2022)
21 slides from Canterbury Resources's investor presentation, Sep 19, 2022
Slide 1: Investor Presentation September 2022
For personal use only Investor Presentation September 2022 Authorised by Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited Suite 301, 55 Miller St Pyrmont NSW 2009 ASX: CBY Diamond Drilling, Briggs Project
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement This presentation has been prepared by Canterbury Resources Limited ACN 152 189 369 (Canterbury or the Company) on the basis of information available as at 16 September 2022, for the purpose of continuous disclosure, on the basis of information already discl
Slide 3: Canterbury Resources
Canterbury Resources For personal use only Exploring the SW Pacific for major Cu-Au deposits 6.7 Moz gold equivalent1 at Wamum $0.6/oz (EV/oz Au eq)2 Adjoins the major Wafi-Golpu project 414kt copper resources already outlined at Briggs Currently drilling large-scale extension targets Fully funded b
Slide 4: Canterbury Resources Limited Capital Structure Sept 2022
Canterbury Resources Limited ASX: CBY For personal use only Capital Structure Sept 2022 • Exploring eastern Australia & PNG for Cu-Au deposits Fully Paid Shares 123.2 million • Large Mineral Resources outlined at three deposits (contained metal of 1.2Mt copper & 3.2Moz gold) Share Price (16/09/2022)
Slide 5: Board and Company Secretaries
For personal use only Non-executive Chairman John Anderson Managing Director Grant Craighead Executive Director Michael Erceg Non-executive Directors Ross Moller Robyn Watts Company Secretaries Ross Moller Véronique Morgan-Smith 5
Slide 6: Introduction: A high leverage copper-gold explorer
Introduction For personal use only Canterbury Resources - A high leverage copper-gold explorer • Exploring potential Tier-1 Cu-Au projects in eastern Australia & PNG, including: • Briggs (Qld) drilling very large Exploration Targets – Mineral Resource upgrade early-2023 • Bismarck (PNG) Rio Tinto JV
Slide 7: Briggs Copper Project (CBY 100%, ALM JV)
Briggs Copper Project (CBY 100%, ALM JV) For personal use only Briggs Project (Rio Tinto 1.5% NSR in Briggs & Mannersley) • Inferred Resource of 142.8Mt at 0.29% Cu at Briggs Central • Significant open pit component; indicative low strip ratio • High Cu recoveries achieved in flotation testwork • Ex
Slide 8: Briggs – Exploration Setting
Briggs – Exploration Setting For personal use only Exploration Setting • Mapping and drilling confirms mineralised intrusions and adjacent volcanic sediments containing copper bearing quartz stockworks • Soil sampling has very effectively outlined copper at greater than 0.1% over three areas: • Nort
Slide 9: Briggs – Large Exploration Targets
Briggs – Large Exploration Targets For personal use only Target Exploration Target Ranges Northern Porphyry 110Mt - 205Mt at 0.20% to 0.35% Cu Briggs Central 260Mt - 490Mt at 0.20% to 0.35% Cu Southern Porphyry 85Mt - 155Mt at 0.20% to 0.35% Cu Total 455Mt - 850Mt at 0.20% to 0.35% Cu • Exploration
Slide 10: Briggs – 2022 Drilling Program
Briggs – 2022 Drilling Program For personal use only Briggs drilling commences • Six deep core drillholes (~3,000m), testing: • the validity of the Exploration Targets at the Northern and Central area, and • potential NW extensions of the Inferred Resource at Briggs Central • Resource upgrade planne
Slide 11: Peenam – Copper-Gold Project (CBY 100%)
Peenam – Copper-Gold Project (CBY 100%) For personal use only EPM27756 (Peenam) • 150km northwest of Brisbane An under-explored project • Historic regional exploration focused on gold • Shallow drilling hit encouraging Cu-Au mineralisation e.g. PEE01 - 48m at 0.22% Cu & 0.23g/t Au • CBY interprets h
Slide 12: Bismarck Project (CBY 40%)
Bismarck Project (CBY 40%) For personal use only Manus Island: large Cu-Au porphyry targets • Rio Tinto sole-funding exploration via Earn-in & JV • Targeting concealed porphyry Cu-Au mineralisation proximal to advanced argillic alteration lithocap • Rio has reviewed historical geochemistry, mineralo
Slide 13: Bismarck Project (CBY 40%)
Bismarck Project (CBY 40%) For personal use only • Potential resumption of drilling in 2023 • Improved site access now possible via third-party construction of forestry roads/tracks • Logistic and cost benefits for current fieldwork and any future drilling • Aerial imagery (right) displays interpret
Slide 14: PNG Morobe Province
PNG Morobe Province For personal use only Strategic tenements in a major mineral district Lae - industrial hub and PNG’s largest cargo port; good access to CBY projects Wafi-Golpu Project (Newcrest & Harmony 50/50 JV) • 27Moz Au, 9Mt Cu in resources, incl 11Moz Au, 5Mt Cu in reserves Hidden Valley G
Slide 15: Wamum – EL2658 (CBY 100%)
Wamum – EL2658 (CBY 100%) For personal use only • Significant Cu-Au deposits broadly outlined at Idzan Creek & Wamum Creek • Discovered by CRA in the 1970’s, with periodic drilling by CRA, Highlands Gold, Barrick and Newcrest • CBY personnel have a long involvement in the district and were responsib
Slide 16: Wamum Project – Selected Schematic Sections
Wamum Project – Selected Schematic Sections For personal use only 16
Slide 17: Wamum Project: Strategic proximity to Wafi-Golpu
Wamum Project For personal use only Strategic proximity to Wafi-Golpu Wamum Project – CBY 100% • Covers several outcropping deposits & prospects • 3.2Moz Au & 762kt Cu outlined at Idzan Creek & Wamum Creek • Both deposits include potential open cut components • Assessing potential for developing of
Slide 18: Ekuti Range (CBY 100%) – Cu-Mo-Au Porphyry Systems
Ekuti Range (CBY 100%) For personal use only Cu-Mo-Au Porphyry Systems • Multiple geophysical targets identified across Canterbury’s tenements • Discrete magnetic anomalies with potential porphyry alteration association • Significant, drill-ready Cu (±Mo ±Au) target defined at Yalua • Outcropping po
Slide 19: Ekuti Range (CBY 100%) – High-Grade Epithermal Lodes
Ekuti Range (CBY 100%) For personal use only High-Grade Epithermal Lodes • Drilling has tested high-grade lodes at Otibanda, Waikanda and Ekoato, with encouraging results: • OTI 003 2.2m at 16.6g/t Au, 2.0% Cu • OTI 006 2.5m at 15.3g/t Au, 0.3% Cu, plus 0.8m at 25.6g/t Au, 0.4% Cu • OTI 007 1.0m at
Slide 20: Summary: A High Leverage Copper-Gold Explorer
Summary For personal use only A High Leverage Copper-Gold Explorer • Generating & exploring potential Tier-1 Cu-Au opportunities in the SW Pacific • Current high impact drilling program at Briggs • Mineral Resource update in early-2023 • Bismarck mapping & sampling in progress ahead of potential dri
Slide 21: Thank You
Northern Porphyry, Briggs Project For personal use only Thank You Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited Suite 301, 55 Miller St Pyrmont NSW 2009 ASX: CBY
Canterbury Resources — Investor Presentation (September 2022) on 6ix