Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Shareholder Meeting (November 2024)
16 slides from Canterbury Resources's shareholder meeting presentation, Nov 21, 2024
Slide 1: AGM Presentation 2024
For personal use only AGM Presentation 2024 21 November 2024 Canterbury Resources Limited ASX: CBY Authorised for release by Grant Craighead, Managing Director Briggs drilling – October 2024
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 1 November 2024, for the purpose of continuous disclosure, on the basis of information already disclos
Slide 3: Canterbury Resources: Copper-gold explorer, targeting Tier-1 deposits
Canterbury Resources (ASX: CBY) Copper-gold explorer, targeting Tier-1 deposits For personal use only Multiple potential ‘company-maker’ opportunities Large-scale resources already outlined at three deposits o Briggs in Scoping Study phase Strong pipeline of additional exploration targets Tw
Slide 4: Key Projects - Status
Key Projects - Status Briggs – CBY 49% (Alma Metals 51%, earning up to 70%) Briggs - 2024 Activity: For personal use only • Inferred Resource of 415Mt at 0.25% Cu, 31ppm Mo* • Drilling around the southern margins of Briggs • Large-scale expansion opportunities outlined Central, plus the Southern Por
Slide 5: Capital Structure November 2024
Canterbury Resources (ASX: CBY) Capital Structure November 2024 For personal use only Board and Management: Fully Paid Shares 197.4 million • John Anderson – Chairman • Grant Craighead – Managing Director Share Price (20/11/2024) $0.024 • Michael Erceg – Executive Director Market Capitalisation $5 m
Slide 6: Briggs Copper Project (CBY 49%, Alma 51%)
Briggs Copper Project (CBY 49%, Alma 51%) For personal use only Scoping Study Phase Underway Briggs Deposit • Inferred Resource 415Mt at 0.25% Cu & 31ppm Mo*, plus large-scale exploration targets • 1Mt contained Cu, with tonnage & grade upside • Large-scale open pit, with very low strip ratio • High
Slide 7: Briggs Deposit – Inferred Mineral Resource Estimate
Briggs Deposit – Inferred Mineral Resource Estimate Refer ASX release 6 July 2023 Briggs Deposit MRE (at selected cut-off grades) For personal use only Tonnes Cu Mo Cut-off Cu Metal Mo Metal (Mt) (%) (ppm) (Cu %) (Mt) (Mlb) 982.3 0.19 34 0.00 1.85 74.39 905.5 0.20 34 0.10 1.84 67.75 694.1 0.22 33 0.
Slide 8: Briggs – Outstanding Progressive Results
Briggs – Outstanding Progressive Results In-fill drilling is testing SW margins of the Briggs Central deposit* For personal use only Higher grades in the contact zone straddling the granodiorite intrusion and enclosing volcanic sediments, as well as magmatic quartz bodies e.g. 24BRD0026 o 276m
Slide 9: Briggs Copper Project: Scoping Study on track for 1H 2025 release
Briggs Copper Project (CBY 49%, Alma 51%) Scoping Study on track for 1H 2025 release For personal use only 2024 Drilling Mining & Engineering • 10 holes (2,650m) planned - 9 already completed • Mine planning & scheduling evaluation based on updated resource model • outstanding progressive results •
Slide 10: Peenam Copper-Gold Prospect (CBY 100%)
Peenam Copper-Gold Prospect (CBY 100%) For personal use only Building our Australian portfolio Prospective for large-scale porphyry related copper-gold mineralisation Located 150km NW of Brisbane Limited historical exploration focused on gold Historic drilling recorded significant Cu-Au mine
Slide 11: Papua New Guinea – Rich Mining Region
Papua New Guinea – Rich Mining Region For personal use only 11
Slide 12: Bismarck Project (CBY 40%, Rio Tinto earning up to 80%)
Bismarck Project (CBY 40%, Rio Tinto earning up to 80%) Multiple porphyry-related Cu-Mo ±Au targets identified, adjacent to lithocap (acid-altered rocks For personal use only formed high in porphyry systems) 2024 drilling tested greenfield targets at: Willie – multiphase porphyry Cu-Mo stock,
Slide 13: PNG - Morobe Province: Strategic tenements in a mineral rich region
PNG - Morobe Province Strategic tenements in a mineral rich region Wamum Project (CBY 100%) – porphyry copper-gold deposits & targets 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) Wait
Slide 14: PNG - Morobe Province
PNG - Morobe Province High level porphyry Cu-Au systems identified at Wamum, Idzan and Waits supported by: For personal use only high order Cu-Au in soils & rock chip anomalies large magnetic & ZTEM resistivity anomalies, within optimal roof zone of concealed intrusive bodies Significant Inf
Slide 15: 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 funded by project partners (Rio Tinto,
Slide 16: Thank you
Bismarck drilling – September 2024 For personal use only Thank you Canterbury Resources Limited ASX: CBY Ph: +61 2 9392 8020 Suite 301, 55 Miller St Pyrmont NSW 2009 E: admin@canterburyresources.com.au
Canterbury Resources — Shareholder Meeting (November 2024) on 6ix