Canterbury Resources Ltd. · ASX:CBY

Canterbury Resources — Investor Presentation (August 2023)

20 slides from Canterbury Resources's investor presentation, Aug 2, 2023

  1. Slide 1: Amendment of Investor Presentation released 1st August 2023

    Canterbury Resources Limited ASX: CBY ASX Announcement 2nd August 2023 Amendment of Investor Presentation released 1st August 2023 Canterbury Resources Limited (Company or Canterbury) hereby notifies investors that the Company retracts pages 9 and 11 of the presentation released on 1 August 2023 (Pr

  2. Slide 2: Investor Presentation August 2023

    For personal use only Investor Presentation August 2023 Authorised by Grant Craighead, Managing Director Canterbury Resources Limited ASX: CBY

  3. Slide 3: 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 31 July 2023, for the purpose of For personal use only continuous disclosure, on the basis of informat

  4. Slide 4: Highly leveraged copper-gold explorer, targeting Tier-1 deposits

    Canterbury Resources (ASX: CBY) Highly leveraged copper-gold explorer, targeting For personal use only Tier-1 deposits  CBY holds multiple potential ‘company-maker’ assets  Offers outstanding exploration leverage for investors  Resources already established at three deposits  Large-scale, drill

  5. Slide 5: Canterbury Resources – Key Projects

    Canterbury Resources – Key Projects • Briggs – CBY 100% (Alma Metals earning 70%) • Wamum – CBY 100% (Syndicate earning 70%) For personal use only • Inferred resource of 415Mt at 0.25% Cu, 31ppm Mo • Inferred resources of 279Mt at 0.28% Cu & 0.35g/t Au • Targeting resources >1Bt at 0.20% - 0.30% Cu

  6. Slide 6: Capital Structure July 2023 and Board and Management

    Canterbury Resources (ASX: CBY) For personal use only Capital Structure July 2023 Board and Management: Fully Paid Shares 144.5 million • John Anderson – Chairman • Grant Craighead – Managing Director Share Price (31/07/2023) $0.026 • Michael Erceg – Executive Director Market Capitalisation $4 milli

  7. Slide 7: Briggs Copper Project (CBY 100%, Alma earning up to 70%)

    Briggs Copper Project (CBY 100%, Alma earning up to 70%) Large Cu deposit in advanced exploration phase For personal use only Briggs Project • Inferred Resource 415Mt at 0.25% Cu & 31ppm Mo, plus • Exploration Target 480Mt to 880Mt at 0.2% to 0.3% Cu and 25ppm to 40ppm Mo • Open pit, with low strip

  8. Slide 8: Briggs – Resources Rapidly Expanding

    Briggs – Resources Rapidly Expanding Successful drilling completed… For personal use only  Deep core drilling program completed in June 2023, successfully testing:  Northern porphyry target  NE & NW extensions of the Central porphyry  All holes encountered broad intervals of copper mineralisatio

  9. Slide 9: Briggs Deposit – Mineral Resource Estimate

    Briggs Deposit – Mineral Resource Estimate Total Briggs Deposit MRE (at selected cut-off grades) Resource Tonnes Cu Mo Cut-off Cu Metal Mo Metal For personal use only  Briggs Mineral Resource Estimate (MRE) completed July 2023 Category (Mt) (%) (ppm) (Cu %) (Mt) (Mlb)  (refer ASX release 6 July 20

  10. Slide 10: Excellent Preliminary Metallurgy Results at Briggs

    Excellent Preliminary Metallurgy Results at Briggs Concentrate Cu Grade Cu Recovery For personal use only  Three representative types of Briggs mineralisation have been tested (refer ASX release 11 April 2022): Granodiorite  Delivered copper flotation recoveries of 92-95% Cleaner 17.6% 95.1% and c

  11. Slide 11: Papua New Guinea

    Papua New Guinea  Hosts world class copper & gold deposits Canterbury Resources in PNG For personal use only • Ok Tedi & Lihir – Tier-1 operations • Extensive operating experience & connections • Porgera – poised to recommence gold production • Portfolio of potential Tier-1 assets generated when •

  12. Slide 12: PNG - Morobe Province

    PNG - Morobe Province Strategic tenements in a mineral rich region For personal use only Wamum Project (CBY 100%) – porphyry related copper-gold deposits (100% Inferred Mineral Resources)  Wamum Creek: 141.5Mt at 0.18g/t Au, 0.31% Cu (0.8Moz Au, 435kt Cu)  Idzan Creek: 137.3Mt at 0.53g/t Au, 0.24%

  13. Slide 13: PNG - Morobe Joint Venture

    PNG - Morobe Joint Venture JV finalised with Syndicate Minerals1 Syndicate is a private, international mineral exploration group For personal use only   Syndicate is also an 8% CBY shareholder  JV covers all Canterbury’s Morobe Province tenements  Multiple Cu-Au prospects at various stages of as

  14. Slide 14: Wamum Project (CBY 100%, Syndicate earning up to 70%)

    Wamum Project (CBY 100%, Syndicate earning up to 70%) Idzan Creek Deposit For personal use only  Gold-copper porphyry system, ~20km from Wafi-Golpu  Grade appears to be increasing with depth  Strike extension & deep drilling opportunities Wamum Creek Deposit  Further assessment of shallow, highe

  15. Slide 15: Ekuti Range (CBY 100%, Syndicate earning up to 70%)

    Ekuti Range (CBY 100%, Syndicate earning up to 70%) Ekoato, Otibanda & Waikanda For personal use only  Narrow, high-grade Au-Cu lodes  plus related porphyry Cu-Au targets (Bobanda)  Limited drilling, with very encouraging results  Geologically similar to lodes at the Kainantu gold mine 120km NW

  16. Slide 16: Bismarck Project (CBY 40%, Rio Tinto earning up to 80%)

    Bismarck Project (CBY 40%, Rio Tinto earning up to 80%) Nanai – strong silica alteration Manus Island: large Cu-Au-Mo porphyry targets For personal use only (visual estimate 0.2 to 0.5% Cu)  Rio Tinto – managing & sole-funding exploration  Canterbury operator for field programs  Chasing Rio Tinto

  17. Slide 17: Positive Copper Price Environment

    Positive Copper Price Environment  Strengthening copper demand, underpinned by global decarbonisation For personal use only  Copper is a superior, affordable conductor of electricity  Rising demand being driven by growth in the renewable energy & electric vehicle sectors  Medium-long term supply

  18. Slide 18: Summary: A High Leverage Copper-Gold Explorer

    Summary A High Leverage Copper-Gold Explorer For personal use only  Low market capitalisation, large-scale targets, active exploration – high leverage for investors  ‘Company-maker’ opportunities available across the project portfolio  High impact activities fully funded by JV partners (Rio Tinto

  19. Slide 19: Thank you

    For personal use only Thank you Canterbury Resources Limited ASX: CBY Ph: +61 9392 8020 Suite 301, 55 Miller St Pyrmont NSW 2009 E: admin@canterburyresources.com.au

  20. Slide 20: References

    References • CBY 25/11/2020 “Increased Resources at the Wamum Project” For personal use only • CBY 04/07/2022 “Alma Metals Commits to the Briggs Joint Venture” • CBY 31/05/2023 & 25/07/2023 “Morobe Project Joint Venture” • CBY 06/07/2023 “Updated Briggs Resource exceeds 1Mt contained copper” • CBY 1

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