Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Investor Presentation (June 2020)
17 slides from Canterbury Resources's investor presentation, Jun 22, 2020
Slide 1: Investor Update June 2020
For personal use only Investor Update June 2020 Authorised by Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited ACN 152 189 369 Suite 108, 55 Miller St Pyrmont NSW 2009 ASX: CBY
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement For personal use only 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 19 June 2020, for the purpose of continuous disclosure, on the basis of informat
Slide 3: Canterbury Resources Limited
Canterbury Resources Limited ASX: CBY For personal use only Generating potential Tier-1 copper-gold opportunities in the southwest Pacific – very high leverage to exploration success Portfolio approach; partnering with majors to defray exploration risk and cost Managed by resource professionals with
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 Robyn Watts Ross Moller Company Secretaries Ross Moller Véronique Morgan-Smith 4
Slide 5: Project Overview
Project Overview For personal use only Queensland – Multiple Cu (± Au, ± Mo) Porphyry Systems • Briggs Region (CBY 100%) – systematic testing of large porphyry Cu deposits • 2019 drilling broadly outlined a large, low-grade copper porphyry deposit - initial Mineral Resource estimate of 142.8Mt at 0.
Slide 6: Queensland Projects - CBY 100%
Queensland Projects - CBY 100% For personal use only Briggs & Mannersley Acquired from Rio Tinto • Rio Tinto retains a 1% NSR • CBY tenements expanded following early success On the Mt Morgan (8Moz Au, 350kt Cu) Trend • Outstanding regional infrastructure (power, road, rail, port, skilled labour & i
Slide 7: Briggs Mineral Resource Estimate
Briggs Mineral Resource Estimate (at selected cut-off grades) For personal use only Briggs copper porphyry systems outlined over a Classification Cut-off Tonnes Copper ~2km strike length Copper % Mt % • In 2019 CBY drilled the Central Porphyry zone over a ~600m strike, up to 400m width and to Inferr
Slide 8: Briggs Composite Section
Briggs Composite Section For personal use only Central Porphyry Mineralisation • Granodiorite porphyry (GDP) and surrounding sediments (MINSED) host copper mineralisation as quartz-vein hosted and disseminated chalcopyrite • Better grades occur at the GDP/sediment contacts and in a broad zone centre
Slide 9: Briggs Deposit – Higher Grade Features
Briggs Deposit – Higher Grade Features For personal use only Selected core photos of copper mineralisation from BD019-003 & BD019-004 Massive quartz interval in BD019-003 28m at 0.83% Cu in the “out-flow” zone BD019-004 in ‘western margin’ zone. Multiphase quartz-chalcopyrite and quartz-k-feldspar v
Slide 10: Bismarck Project Overview
Bismarck Project Overview For personal use only Manus Island, PNG (CBY 40%) Large Buried Cu-Au Porphyry Systems • Rio Tinto managing and sole-funding exploration to increase JV interest from 60% to 80% • Geophysical surveys & surface sampling identified major targets hidden beneath an advanced argil
Slide 11: PNG Mainland Projects
PNG Mainland Projects For personal use only Focussed on Potential Tier-1 Cu-Au Systems • All projects have historical drilling, demonstrating the existence of fertile copper-gold porphyry style mineralisation systems • Prospects are relatively accessible, supporting efficient exploration CBY has Ext
Slide 12: Ekuti Range Project – CBY 100%
Ekuti Range Project – CBY 100% For personal use only Epithermal Au Lodes Overlying Cu-Au Porphyry Systems • Historical drilling tested high grade lodes at Otibanda e.g. • 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 • CBY scout drilling at
Slide 13: Schematic Geological Model of Ekoato Prospect
Schematic Geological Model of Ekoato Prospect For personal use only Ekoato Program • 2019 drilling tested a zone of mineralised hydrothermal breccia overlying an interpreted intrusive (porphyry) • Significant Cu-Au discoveries are noted at Ok Tedi in a comparable setting • A high grade gold structur
Slide 14: Yalua – Undrilled Copper Prospect
Yalua – Undrilled Copper Prospect For personal use only • Located in the southern portion of the Ekuti Range tenements • A significant copper-molybdenum anomaly, including: • A central dioritic intrusion mapped over 500m • Quartz-sulphide (pyrite & chalcopyrite) vein stockwork in surrounding sedimen
Slide 15: Wamum – Application
Wamum – Application For personal use only Proximal to Wafi-Golpu • Located immediately northwest of Newcrest-Harmony’s world-class Wafi-Golpu Project • CBY personnel drilled the Golpu discovery hole (Elders Resources / CRA JV) • WR95: 263m at 1.86% Cu & 0.27g/t Au • The Wamum application area covers
Slide 16: Summary & Milestones
Summary & Milestones For personal use only A High Leverage Copper-Gold Explorer • Southwest Pacific exploration experts, with a successful track record • Strong portfolio of large scale Cu-Au and Au-Ag prospects established in proven mineral provinces • Cu-Au porphyry explorers provide very high lev
Slide 17: Thank You
For personal use only Thank You 17
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