Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (October 2021)
18 slides from Canterbury Resources's investor presentation, Oct 12, 2021
Slide 1: Investor Presentation October 2021
For personal use only Investor Presentation October 2021 Authorised by Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited ACN 152 189 369 Suite 301, 55 Miller St Pyrmont NSW 2009 ASX: CBY
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 12 October 2021, for the purpose of continuous disclosure, on the basis of information already disclos
Slide 3: Canterbury Resources Limited - Capital Structure
Canterbury Resources Limited ASX: CBY For personal use only Capital Structure 12-Oct-21 Exploring eastern Australia & PNG for Cu-Au deposits. Fully Paid Shares 120.2 million Significant Mineral Resources outlined at three deposits (contained metal of 1.2Mt copper & 3.2Moz gold). Share Price (11/10/2
Slide 4: 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 4
Slide 5: 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) - funded by African Energy (ASX: AFR) – large Cu deposit in favourable location • Wamum (PNG) – large Cu-Au
Slide 6: Project Overview
Project Overview For personal use only Queensland – large Cu-Au-Mo porphyry systems • Briggs (CBY 100%) – extensive, outcropping Cu mineralisation system • Central Porphyry deposit 142.8Mt at 0.29% Cu (414kt Cu) • Imminent drilling of higher-grade features, plus the Northern & Southern porphyries •
Slide 7: Briggs Project (CBY 100%)
Briggs Project (CBY 100%) For personal use only Briggs & Mannersley acquired from Rio Tinto in 2017 • Rio retains a 1.5% NSR • Outstanding regional infrastructure (power, road, rail, port, skilled labour & industrial services) • CBY added the Fig Tree Hill tenement in 2020 Briggs Mineral Resource es
Slide 8: Briggs Project – AFR Transaction
Briggs Project – AFR Transaction For personal use only African Energy (ASX: AFR) subscribed for $1m in CBY shares at 12c to secure the Briggs Option • Option covers the Briggs, Mannersley & Fig Tree Hill tenements • AFR also granted 3m unlisted CBY options at 24c expiring 31 December 2024 • During t
Slide 9: Briggs – 2021 Program
Briggs – 2021 Program For personal use only Briggs 2021 drilling about to commence • ~3,000m RC drilling proposed testing: • Central Porphyry eastern contact zone adjacent to existing resources • Higher-grade, quartz rich zones • Northern & Southern porphyries • 15 holes designed & drill pads prepar
Slide 10: Peenam – Right to acquire 100%
Peenam – Right to acquire 100% For personal use only CBY has right to acquire 100% of Peenam • Purchase price is 3m CBY shares • 150km northwest of Brisbane • EPM27756 currently in application phase • Transaction is subject to granting of EPM An under-explored project • Historic regional exploration
Slide 11: Bismarck Project (CBY 40%)
Bismarck Project (CBY 40%) For personal use only Manus Is. - Large buried Cu-Au porphyry systems • Rio Tinto managing and sole-funding exploration under an earn- in and joint venture structure • Rio Tinto exploration has generated large-scale Cu-Au targets, beneath an extensive advanced argillic alt
Slide 12: 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 13: Wamum – EL2658 (CBY 100%)
Wamum – EL2658 (CBY 100%) For personal use only • Significant Cu-Au porphyry related 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 a
Slide 14: Wamum Project – Selected Schematic Sections
Wamum Project – Selected Schematic Sections For personal use only 14
Slide 15: Wamum Project: Strategic proximity to Wafi-Golpu
Wamum Project For personal use only Strategic proximity to Wafi-Golpu Wamum Project – CBY 100% • Covers multiple outcropping deposits & prospects • 3.2Moz Au & 762kt Cu outlined at Idzan Creek & Wamum Creek • Both deposits have potentially significant open cut components • Initial assessment of engi
Slide 16: Ekuti Range (CBY 100%)
Ekuti Range (CBY 100%) For personal use only Cu-Au Porphyry Systems, plus High-grade Epithermal Lodes • Historical drilling tested high-grade lodes at Otibanda/Waikanda eg: • OTI-003: 2.2m at 16.6g/t Au, 2.0% Cu • OTI-006: 2.5m at 15.3g/t Au, 0.3% Cu & 0.8m at 25.6g/t Au, 0.4% Cu • IP program propos
Slide 17: Summary: A High Leverage Copper-Gold Explorer
Summary For personal use only A High Leverage Copper-Gold Explorer • Canterbury continues to generate & explore potential Tier-1 Cu-Au opportunities in the SW Pacific • Partnerships utilised to provide funding at the project and corporate levels • Successful drill programs completed at the Briggs an
Slide 18: Thank You
For personal use only Thank You Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au
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