Antilles Gold Ltd · ASX:AAU
Antilles Gold — Investor Presentation (October 2021)
24 slides from Antilles Gold's investor presentation, Oct 5, 2021
Slide 1: Antilles Gold Limited Investor Presentation
5 October 2021 ANTILLES GOLD LIMITED INVESTOR PRESENTATION Antilles Gold Limited (ASX Code: AAU, OTCQB: ANTMF) (the “Company” or “Antilles Gold”) is pleased to release a revised Investor Presentation dated 5 October 2021 to better reflect the pipeline of potential gold, and copper/gold, development
Slide 2: Investor Presentation
Morro Castle, Havana ASX CODE: AAU OTCQB: ANTMF INVESTOR PRESENTATION 5 October 2021
Slide 3: Forward-Looking Statement
Forward-Looking Statement Some of the statements contained in this website are forward-looking statements, such as statements that describe Antilles Gold Limited’s (“AAU”) future plans, intentions, objectives or goals, and specifically include but are not limited to statements regarding AAU’s proper
Slide 4: Antilles Gold is uniquely positioned to access gold and copper/gold opportunities in Cuba
Antilles Gold is uniquely positioned to access a significant number of gold and copper/gold development opportunities in mineral rich Cuba. Golden Hills Cuba hosts numerous gold and copper deposits that have been extensively explored by Canadian, Russian, and Cuban mining companies, but where develo
Slide 5: Company Information
Company Information Shares on Issue 252.42M Options on Issue 32.24M (exercise price of $0.13, expiring 30 April 2023) Share Price 4 October 2021 9.0 cents Option Price 4 October 2021 2.8 cents Market Capitalisation 4 October 2021 $22.7 million Top 5 Shareholders % Chairman, Brian Johnson entities 77
Slide 6: Joint Venture in Cuba – Development Projects
Joint Venture in Cuba – Development Projects Over the past five years, Antilles Gold has established excellent relations with the Cuban Government’s mining company, GeoMinera SA, which has culminated in the formation of a 49:51 joint venture company, Minera La Victoria SA (“MLV”), which has access t
Slide 7: La Demajagua Gold/Silver Mine
La Demajagua Gold/Silver Mine DEVELOPMENT CONCEPT AND RESOURCES The proposed La Demajagua mine on the Isle of Youth in south west Cuba is in the predevelopment stage with the current Definitive Feasibility Study (“DFS”) for the first stage open pit mine expected to be completed in time for a final d
Slide 8: La Demajagua Gold/Silver Mine
La Demajagua Gold/Silver Mine Based on extensive historic drilling and metallurgical test work, the open pit mine is planned to operate for six years at a mining rate of 800,000 tpa of ore with a stripping ratio of 7:1, to produce 60,000 tpa of concentrate containing approximately 100,000 oz Au equi
Slide 9: Initial High Grade Intercepts advised to ASX on 22 June 2021
Initial High Grade Intercepts advised to ASX on 22 June 2021 7
Slide 10: La Demajagua - History
La Demajagua - History The La Demajagua gold/silver deposit incorporates the Delita deposit which was discovered around 1900 but received only cursory attention until the 1920s when a North American company acquired the concession. Production was minimal until after World War ll. In the period 1947
Slide 11: La Demajagua - Previous Preliminary Feasibility Studies
La Demajagua - Previous Preliminary Feasibility Studies Boliden Contech, working under a technical assistance program for Cuba, prepared a Prefeasibility Study of the Delita deposit in June 1990. It was concluded that the project was not viable at gold prices prevailing at that time, primarily becau
Slide 12: La Demajagua - Financial
La Demajagua - Financial The current Financial Model for the open pit mine indicates Financing for US$60 million of development costs is a total capital cost of US$73 million including pre- anticipated to be provided by a combination of supplier development costs, financing and MLV’s administration
Slide 13: Florencia & Maclama Open Pit Mines
Florencia & Maclama Open Pit Mines The Florencia and Maclama gold deposits near Guaimaro, Annual concentrate production of only 15,000 tonne from 100km south east of the Provincial capital of Camaguey, are each mine at a conservative grade of 50g/t Au would result low sulphide, near surface deposits
Slide 14: Golden Hills Open Pit Mine
Golden Hills Open Pit Mine The Golden Hills sulphide deposit was explored by MacDonald Mines Antilles Gold is attracted to the Golden Hills between 1994 and 1998 when they conducted ground and airborne deposit as it could be a viable producer of large geophysical surveys, mapping, geochemical survey
Slide 15: Golden Hills Consulting Geologist’s Report
Golden Hills Consulting Geologist’s Report Geology “The Golden Hills Au-Cu deposits are hosted in Cretaceous volcaniclastic rocks, that dip moderately west- northwest. These rocks outline a lens shaped body 7.0km long and about 2.0km in true thickness that is interpreted to be a section through a vo
Slide 16: Golden Hills Consulting Geologist’s Report Copper/Gold Deposits
Golden Hills Consulting Geologist’s Report The Golden Hills Au-Cu deposits have been classified as high-sulphidication type deposits. The style and distribution of the mineralization and alteration has many similarities to high-sulphidication gold systems around the world including Pueblo Viejo in t
Slide 17: La Demajagua Underground Mine
La Demajagua Underground Mine Antilles Gold will undertake a DFS in 2027 for the planned The underground mining rate is expected to be underground operation to follow the open pit mining. approximately 550,000 tpa and produce 40,000 tpa of concentrate containing approximately 70,000 oz The Company w
Slide 18: Concentrate Processing Facility
Concentrate Processing Facility Antilles Gold intends to review the technical and commercial viability of constructing a plant at a suitable location in Latin America, to process refractory concentrate sourced from MLV’s mines, and from other regional mines, to produce significantly higher value dor
Slide 19: Investment In Cuba
Investment In Cuba The Cuban Parliament adopted Law 118 for Foreign Investment in March 2014 which provides basic investment protection and other general rules relevant to foreign investors. Features which will apply to the Joint Venture with GeoMinera include; • Equal numbers of directors with all
Slide 20: Directors
Directors Brian Johnson James Tyers Ugo Cario Angela Pankhurst Executive Chairman Chief Executive Non-Executive Non-Executive Officer Director Director Mr Johnson is a graduate in civil Mr Tyers is a member of the AusIMM and Mr Cario has over 30 years’ of Ms Pankhurst has over 20 years’ engineering
Slide 21: Management
Management Dr Jinxing Ji Steve Mertens Tracey Aitkin Megan McPherson Technical Director General Manager, Chief Financial Officer Company Secretary Cuba Dr Ji highly knowledgeable metallurgist with 6 Mr Mertens is a mining engineer with 20 years’ Ms Aitkin is a professional member of CPA Ms McPherson
Slide 22: In Summary
In Summary • Antilles Gold has the opportunity to participate through a joint venture with Government owned mining company, GeoMinera, in the successive development of several mid-size gold mines in Cuba to produce high grade concentrate. • The Company has experienced Directors and Management. • Low
Slide 23: Annex 1 – Exploration Target
Annex 1 – Exploration Target Cube Consulting’s estimate of the Exploration Target for the La Demajagua ore body above 1.0g/t Au cut-off grade based on data from 50,000m of previous drilling as reported to ASX 10 November 2020: Excellent drilling results from the recently completed 15,000m drilling p
Slide 24: Antilles Gold
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