Antipa Minerals Limited · ASX:AZY
Antipa Minerals — Investor Presentation (May 2019)
25 slides from Antipa Minerals's investor presentation, May 20, 2019
Slide 1: First Mover Advantage in a World Class Mineral Province
FIRST MOVER ADVANTAGE IN A WORLD CLASS MINERAL + PROVINCE INVESTOR PRESENTATION May 2019 ASX:AZY
Slide 2: Important Notice / Disclaimer
IMPORTA NT NOTICE / DISCLA IMER Nature of this document: The purpose of this document is to provide general information about Antipa Disclaimer: No representation or warranty, express or implied, is made by the Company that the material Minerals Limited (the ‘Company’). Unless otherwise stated herei
Slide 3: Compelling Investment Opportunity
COMPELLING INVESTMENT OPPORTUNITY A dvancing w orld class developm ent and explorat ion project s Strategic Position in World Class Paterson Province • Underexplored precious and base metals province hosting two large scale producing mines and recent world class discoveries o Telfer and Nifty mines
Slide 4: Dual Track Strategy: Tier-1 Discoveries and Resource Development
DUA L TRA CK STRA TEGY: TIER-1 DISCOVERIES and RESOURCE DEVELOPMENT 2019 explorat ion program m es t o underpin st rong new s flow out look Greenfields Exploration 5,000km2 under-explored world class exploration ground • Commenced fully funded 20,000 metre regional drilling campaign on 100% owned gr
Slide 5: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE Host to world class mineral deposits • Proven precious and base metals province hosting two large scale producing mines: o Telfer = 32Moz gold, 1Mt copper pre-mining o Nifty = 2Mt copper pre-mining • Recent discoveries include: o Great
Slide 6: First Mover Advantage in the World Class Paterson Province
FIRST MOVER A DVA NTA GE IN THE W ORLD CLA SS PA TERSON PROVINCE c.50% of Antipa tenements are under less than 20m cover c.80% of Antipa tenements are under less than 80m cover Host to world class mineral deposits Shallow cover and lack of prior exploration 6 Modern geophysical techniques can ‘see t
Slide 7: Highly Prospective Structural Corridor
HIGHLY PROSPECTIVE STRUCTURA L CORRIDOR GREENFIELD EXPLORATION 2019 Exploration Overview • AEM and aeromagnetic surveys completed and 30 targets currently identified • Aggressive drill campaign planned to systematically test targets: o Strong newsflow outlook following commencement of drilling in Ma
Slide 8: AEM Survey Gold-Copper Targets
A EM SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION Overview 100km • 1,100km2 AEM survey completed over 100% Antipa Projects in 2H-2018: o 12 high priority copper-gold targets identified (26 in total) • AEM responsible for multiple discoveries over the last 10 years including Winu, Magnum, Corke
Slide 9: Aeromagnetic Survey Gold-Copper Targets
A EROMA GNETIC SURVEY GOLD-COPPER TA RGETS GREENFIELD EXPLORATION Overview • 260km2 aeromagnetic survey completed late 2018 over 100% Antipa ground targeting Havieron gold-copper deposit lookalike magnetic anomalies o 4 high priority copper-gold targets identified o Triangle area key structures iden
Slide 10: Established High-Grade Resources
ESTA BLISHED HIGH-GRA DE RESOURCES RESOURCE DEVELOPMENT Overview • Recently updated Global Mineral Resource of 13.6Mt at 1.9 g/t Au, 0.24% Cu, 380 ppm Co and 0.7 g/t Ag for 827koz Au, 26kt Cu, 4kt Co and 233koz Ag (includes Minyari, WACA, Chicken Ranch and Tim’s Dome) • Deposits remain open down dip
Slide 11: Highly Prospective Brownfield Targets
HIGHLY PROSPECTIVE BROW NFIELD TA RGETS RESOURCE DEVELOPMENT Turkey Farm 1km west of Chicken Ranch with gold nuggets identified within surface laterite • Historic broad spaced (200m) drill intersections along 750m strike include: o 7m at 2.4 g/t Au from 65m; including o 3m at 5.1 g/t Au from 65m and
Slide 12: Chicken Ranch and Tim's Dome
CHICKEN RA NCH A ND TIM’S DOME RESOURCE DEVELOPMENT Chicken Ranch and Turkey Farm Plan View Chicken Ranch High-grade gold mineralisation along a 3km strike length within four or more parallel mineralised gold trends • 2018 drilling confirmed shallow high-grade resource opportunity and continued expl
Slide 13: Rio Tinto Citadel Farm-In
RIO TINTO CITA DEL FA RM-IN RIO TINTO CITADEL FA RM-IN Overview • Rio Tinto can earn up to 75% by spending up to $60m • Citadel Project 5km east of Rio Tinto’s Winu discovery • Antipa resumed operatorship of the Citadel JV in March 2019 • Rio Tinto have spent $7.6m to date and have committed a furth
Slide 14: Aggressive Greenfields and Brownfields 2019 Exploration Programme
EXPLORATION TIMELINE A GGRESSIVE GREENFIELDS A ND BROW NFIELDS 2019 EXPLORA TION PROGRA MME MAR 2019 QUARTER JUN 2019 QUARTER SEP 2019 QUARTER DEC QUARTER 2019 Greenfields Exploration – Air Core and RC Drill Testing of incl. El Paso Corridor Heritage Surveys and Drill Mobilisation High Priority AEM
Slide 15: Corporate Snapshot – ASX: AZY
CORPORATE CORPORA TE SNA PSHOT – A SX: A ZY CA PITA L STRUCTURE 2,076m $39.5m $7.8m N/A Shares on Issue (undiluted) Market Cap at A$0.019/sh Cash1 Debt $31.7m 156m Enterprise Value Options2 1. Cash at 31 March 2019 ($3.0m) + Net proceeds of Share Placement completed 15 April 2019 ($4.8m) 2. Options
Slide 16: Contact
CONTA CT Executive Chairman Managing Director Mr St ep hen Pow er Mr Rog er Mason E: stephen.power@ant ipaminerals.com.au E: roger.mason@antipaminerals.com.au Co rp o rat e Office PO Box 795 Level 2, 16 Ord St reet West Pert h WA 6872 West Pert h WA 60 0 5 T: +61 8 94 81 110 3 A ust ralia F: +61 8 9
Slide 17: Mineral Resource Summary
MINERA L RESOURCE SUMMA RY A PPENDIX North Telfer Project and Paterson Project Deposit and Gold Cut-off Resource Tonnes Gold Grade Copper Grade Silver Grade Cobalt Gold Copper Silver Cobalt Grade* Category (Mt) (g/t) (%) (g/t) (ppm) (oz) (t) (oz) (t) Chicken Ranch Area 0.5 Au Inferred 0.8 1.6 - - -
Slide 18: Minyari Dome Exploration – 2018 Results and Next Steps
Minyari MINYA Dome RI– 2018 DOME Exploration – Results and Next Steps A PPENDIX Est ablished High-grade Shallow Au-Cu-Ag-Co Resource 2018 Exploration Programme • RC programme focused on identifying new mineralisation in close proximity to existing high-grade Minyari and WACA Mineral Resources • Disc
Slide 19: Minyari Dome
MINYA RI DOME – A PPENDIX Est ablished High-grade Shallow Au-Cu-Ag-Co Resource 25 ASX:AZY
Slide 20: Chicken Ranch
CHICKEN RA NCH – A PPENDIX Shallow High-Grade Gold Resource w it h grow t h potent ial 50 50 m m 26 ASX:AZY
Slide 21: Tim's Dome
Tim’s DomeDOME – TIM’S A PPENDIX Est ablished Shallow Gold Resource Tim’s Dome • 12 km along strike of the giant Telfer gold-copper-silver mine and 35 km from Minyari-WACA • Gold ± copper mineralisation occurs from as shallow as 1m from surface • Up to 200m wide gold bearing corridor over 3km long (
Slide 22: Calibre Deposit (Rio Tinto Farm-in)
CA LIBRE DEPOSIT ( Rio Tint o Farm -in) – A PPENDIX Significant Au-Cu-Ag-W Resource w it h grow t h potent ial 32 ASX:AZY
Slide 23: Competent Persons Statement
COMPETENT PERSONS STA TEMENT – A PPENDIX Explorat ion Result s The information in this report that relates to the Exploration Results is extracted from the following: • Report entitled “Company Update June 2017” created on 13 June 2017; • Report entitled “High –Grade Gold intersected at North Telfer
Slide 24: Competent Persons Statement
COMPETENT PERSONS STA TEMENT – A PPENDIX Mineral Resources Competent Persons Statement – Mineral Resource Estimations for the Minyari-WACA Deposits, Calibre Deposit, Magnum Deposit and Chicken Ranch Area Deposits and Tim’s Dome Deposit The information in this report that relates to relates to the es
Slide 25: www.antipaminerals.com.au
WWW.ANTIPAMINERALS.COM.AU