Canterbury Resources Ltd. · ASX:CBY

Canterbury Resources — Investor Presentation (June 2023)

19 slides from Canterbury Resources's investor presentation, Jun 6, 2023

  1. Slide 1: Retraction of part of Investor Presentation released 6th June 2023

    Canterbury Resources Limited ASX: CBY ASX Announcement 6th June 2023 Retraction of part of Investor Presentation released 6th June 2023 Canterbury Resources Limited (Company or Canterbury) hereby notifies investors that the Company retracts page 9 of the presentation released on 6 June 2023 (Present

  2. Slide 2: Investor Presentation June 2023

    For personal use only Investor Presentation June 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 5 June 2023, for the purpose of For personal use only continuous disclosure, on the basis of informati

  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 Assets

    Canterbury Resources – Key Assets • Briggs – CBY 100% (Alma Metals earning 70%) • Wamum – CBY 100% (Syndicate earning 70%) For personal use only • Targeting resources >1Bt at 0.25% - 0.30% Cu • Targeting +200Mt at +1% Cu equivalent • H1 2023 exploration drilling; resource update • Current resources

  6. Slide 6: Capital Structure June 2023

    Canterbury Resources (ASX: CBY) Capital Structure June 2023 For personal use only Board and Management: Fully Paid Shares 144.5 million • John Anderson – Chairman • Grant Craighead – Managing Director Share Price (05/06/2023) $0.035 • Michael Erceg – Executive Director Market Capitalisation $5 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 142.8Mt at 0.29% Cu, plus • Exploration Target 455Mt to 850Mt at 0.2% to 0.35% Cu • Open pit, with low strip ratio • High Cu recoveries via

  8. Slide 8: Briggs – Current Assessment Activity

    Briggs – Current Assessment Activity Successful 2022/23 drilling program For personal use only  Two deep holes (22BRD0013 & 23BRD0014) completed at the Northern Porphyry zone  Assay results and visual observations are consistent with pre-drilling target concepts  Sufficient data to support a reso

  9. Slide 9: Briggs – 2022/23 Drilling

    Briggs – 2022/23 Drilling For personal use only 22BRD0013 - broad intervals of Cu mineralisation outlined at the 22BRD0015 – high grade molybdenum discovered and a major Northern Porphyry target expansion of the Briggs Central mineral resource 8

  10. Slide 10: 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 •

  11. Slide 11: PNG - Morobe Province

    PNG - Morobe Province Strategic tenements in a mineral rich region Wamum Project (CBY 100%) – porphyry related copper-gold deposits For personal use only  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% Cu (2.3Moz Au, 327kt Cu)  Waits

  12. Slide 12: PNG - Morobe Joint Venture

    PNG - Morobe Joint Venture Syndicate Minerals holds an option to earn a Joint Venture interest For personal use only Exclusive Option acquired by Syndicate Minerals  JV covering Canterbury’s Morobe Province tenements  Two month due diligence process in progress Key Term Sheet Features  Staged ear

  13. Slide 13: 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 proposed Wamum Creek Deposit  Further assessment of shallow, higher-gra

  14. Slide 14: 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  Limited drilling, with very encouraging results  Geologically similar to lodes at the Kainantu gold mine 120km NW (ramping u

  15. Slide 15: 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  Rio Tinto – managing & sole-funding exploration  Canterbury operator for field programs  Chasing Rio Tinto scale deposits  Targeting multi

  16. Slide 16: 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

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: References

    References • CBY 10/06/2020 “Briggs Mineral Resource Estimate” For personal use only • CBY 25/11/2020 “Increased Resources at the Wamum Project” • CBY 04/07/2022 “Alma Metals Commits to the Briggs Joint Venture” • CBY 12/04/2023 “Further broad drill intersections extend porphyry copper-molybdenum mi

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