Antilles Gold Ltd · ASX:AAU
Antilles Gold — Investor Presentation (November 2023)
23 slides from Antilles Gold's investor presentation, Nov 9, 2023
Slide 1: Updated Corporate Presentation announcement
9 November 2023 UPDATED CORPORATE PRESENTATION Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) is pleased to submit an updated Corporate Presentation dated 8 November 2023. The Presentation will be distributed to clients of financial services group, Richlink Capital
Slide 2: Developing Copper & Gold Projects in Mineral Rich Cuba
For personal use only ASX : AAU | OTCQB : ANTMF Developing Copper & Gold Projects in Mineral Rich Cuba Investment Opportunity with Strong Growth Potential Corporate Presentation | 8 November 2023 Drilling El Pilar Copper-Gold Porphyry, Cuba
Slide 3: Forward-Looking Statement Disclaimer
2 Forward-Looking Statement Disclaimer For personal use only Some of the statements contained in this Actual results and developments may differ AAU makes no representation or warranty Presentation are forward-looking statements, materially from those contemplated by such (express or implied) as to
Slide 4: Antilles Gold
3 Antilles Gold Antilles Gold is an Australian mining company listed on the ASX and OTCQB with strong growth potential through participation in copper and gold projects in Cuba in joint ventures with the For personal use only Government’s mining company, GeoMinera. 1. Near Term Mine Development 2. S
Slide 5: Why invest in Cuba?
4 Why invest in Cuba? For personal use only ▪ Mineral rich, under explored, low operating costs, and mineral royalties. ▪ Stable Government encouraging foreign investment in mining sector backed by realistic mining and environmental regulations. ▪ Excellent relations with GeoMinera has resulted in a
Slide 6: Antilles Gold Snapshot
Capitol Building, Havana 5 Antilles Gold Snapshot For personal use only 2.3 $18.2 792.9 cents million million Shares on Issue Share Price Market Capitalization 8 November 2023 8 November 2023 368.6 482.5 95.8 257.8 million million million million 46.5% 60.9% 12.1% Options on Issue Top 20 Shareholder
Slide 7: Near Term Development Strategy
6 Near Term Development Strategy NUEVA SABANA GOLD AND COPPER MINE For personal use only ▪ Finalise MRE for Nueva Sabana open pit mine in January 2024, and Feasibility Study in March 2024 ▪ Commence 10 months construction program in May/June 2024 ▪ Finance mine construction cost with US$20 million a
Slide 8: Near Term Development Strategy & Timetable
7 For personal use only Near Term Development Strategy & Timetable Calendar Year 2024 2025 Nueva Sabana Open Pit Oxide Mine (Au-Cu) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Mineral Resource Estimate Complete Feasibility Study & Concentrate Off-take Arrange financing with US$20M advance on concentrate sales Project C
Slide 9: Nueva Sabana Gold - Copper Open Pit Mine
8 Nueva Sabana Gold - Copper Open Pit Mine For personal use only Nueva Sabana open pit mine to be developed on El Pilar oxide deposit in central Cuba by joint venture company, Minera La Victoria ▪ 24,000m of historic drilling, 1,800m in 2022, and current 8,500m program to be completed November 2023,
Slide 10: Nueva Sabana Concentrator
9 Nueva Sabana Concentrator For personal use only ▪ Chinese engineering group, Prominer (Shanghai) Mining Technology, which has extensive experience in designing and constructing gold and copper concentrators, is expected to supply the crushing and flotation circuits for the Nueva Sabana mine. ▪ Pro
Slide 11: La Demajagua Open Pit Mine
10 La Demajagua Open Pit Mine For personal use only The La Demajagua gold-antimony-silver deposit being developed as open pit mine by Minera La Victoria ▪ Mineral Resource Estimate (“MRE”) 905,000 oz Au Eq ▪ 900 ha mining concession on Isle of Youth, 60nm from mainland - mine site 35km from port via
Slide 12: La Demajagua Mineral Resource Estimate
11 La Demajagua Open Pit Mine For personal use only Mineral Resource Estimate for La Demajagua Open Pit Mine MRE advised to ASX 7 July 2023 Classification Tonnes (Mt) Au (g/t) Au (ounces) Ag (g/t) Ag (ounces) Sb (%) AuEq. (g/t) AuEq. (ounces) Indicated 6.57 2.80 591,000 29.9 6,313,000 0.41 3.31 700,
Slide 13: Concentrate Processing Facility
12 Concentrate Processing Facility For personal use only The La Demajagua project will include a Concentrate Processing Facility to produce gold doré. Facility - 75,000tpa two-stage fluid-bed roaster - 100,000tpa CIL circuit Processing - 50,000tpa La Demajagua gold arsenopyrite concentrate - 25,000t
Slide 14: Concentrate Processing Facility
13 Concentrate Processing Facility For personal use only ▪ Chinese engineering group, BGRIMM Technology Group, which has extensive experience in designing and constructing roasters, is expected to supply the La Demajagua process plant on a turnkey basis. ▪ BGRIMM will undertake extensive metallurgic
Slide 15: El Pilar Porphyry System
14 El Pilar Porphyry System For personal use only The El Pilar Copper-Gold Porphyry System in central Surface Mineralisation at El Pilar Cuba to be the primary near term exploration focus • El Pilar Concessions currently held in Exploration Agreement with GeoMinera to be transferred to new joint ven
Slide 16: El Pilar Porphyry System
15 El Pilar Porphyry System For personal use only ▪ Ground magnetics and Induced Polarisation surveys in early 2023 confirmed a cluster of intrusives - El Pilar, Gaspar, and Camilo
Slide 17: El Pilar Porphyry System
16 El Pilar Porphyry System For personal use only DRILLCORE PHOTOS HOLE PDH-004A Chalcopyrite-bornite breccia weathering to secondary chalcocite Chalcopyrite-quartz breccia veining ▪ Focus on El Pilar after drillhole PDH-004A in oxide program penetrated the sulphide zone, and produced encouraging co
Slide 18: El Pilar Copper Porphyry System
17 El Pilar Copper Porphyry System For personal use only ▪ Extensive two year drilling program will be conducted from mid 2024, and cover all three intrusives, Gaspar, El Pilar and Camilo ▪ Antilles Gold may seek financial support for the drilling program from a major mining company * Competent Pers
Slide 19: Sierra Maestra Copper Belt
18 Sierra Maestra Copper Belt For personal use only ▪ Exploration Agreement with GeoMinera covers three highly prospective concessions in the Sierra Maestra copper belt in south-east Cuba, highly prospective for Cu, Au, and Mo*: - La Cristina – 3,600ha geological investigation - Vega Grande – 49,000
Slide 20: Experienced Directors
19 Experienced Directors For personal use only Brian Johnson Ugo Cario Non-Executive Chairman Non-Executive Director Mr Johnson is a graduate in civil engineering from the University Mr Cario has over 30 years’ of experience in the Australian mining of Western Australia and a Member of the Institute
Slide 21: Experienced Senior Management
20 Experienced Senior Management For personal use only Dr Jinxing Ji Steve Mertens Technical Director Mining Director Dr Ji highly knowledgeable metallurgist with 6 years of research Mr Mertens is a mining engineer with 20 years’ industry experience experience in universities and 26 years of practic
Slide 22: Investment Opportunity
21 Investment Opportunity For personal use only 01 Near-term development of the Nueva Sabana mine to produce gold, and copper concentrates in a JV with GeoMinera expected to result in strong cashflow from mid 2025. Development of La Demajagua open pit mine to produce gold, antimony, and silver conce
Slide 23: For more information, please contact
For personal use only For more information, please contact: Brian Johnson Non-Executive Chairman E: brianjohnson@antillesgold.net P: +61 2 481 1740 W: www.antillesgold.net
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