Antipa Minerals Limited · ASX:AZY

Antipa Minerals — Diggers and Dealers Conference (July 2022)

36 slides from Antipa Minerals's conference presentation, July 2022

  1. Slide 1: Investor Presentation

    INVESTOR PRESENTATION Critical mass resource with complementary major growth projects in one of the world’s underexplored Tier 1 gold-copper-silver-cobalt provinces July 2022 | ASX : AZY

  2. Slide 2: Disclaimer

    DISCLAIMER Nature of this document: The purpose of this document is to provide general information about Antipa Minerals Disclaimer: No representation or warranty, express or implied, is made by the Company that the material Limited (the ‘Company’). Unless otherwise stated herein, the information in

  3. Slide 3: Minyari Dome Project

    MINYARI DOME PROJECT 100% ANTIPA 1 Critical mass resource Sizeable stand-alone project potential Now a critical mass resource Strategically significant location with sizeable stand-alone project potential 2 35km from the Telfer mine and processing facility 1.8 Outstanding further prospectivity Moz G

  4. Slide 4: The Antipa Minerals Portfolio

    THE ANTIPA MINERALS PORTFOLIO Commanding exploration and development position in a premier gold and copper location 2.7 Moz Broome Port GOLD ONLY STAND-ALONE Hedland ANTIPA MINERALS ATTRIBUTABLE MINERAL PROJECT POTENTIAL Kalgoorlie RESOURCE B Perth Minyari Dome ATTRIBUTABLE 3.8 Moz GOLD EQUIVALENT1

  5. Slide 5: Corporate Snapshot

    CORPORATE SNAPSHOT High quality register, strong strategic cornerstone investment CAPITAL STRUCTURE | ASX : AZY SHARE REGISTER Share price1 A$ 0.031 9.9% Shares on issue1 3,139.7 M 4.7% 4% Market capitalisation1 A$ 97.3 M 7% Cash2 A$ 8.7 M 74.4% Debt2 Nil EV A$ 88.6 M Newcrest IGO Board and manageme

  6. Slide 6: Minyari Dome Project (100%)

    A MINYARI DOME PROJECT (100%) Critical mass resource with sizeable stand-alone project potential INVESTOR PRESENTATION | 6

  7. Slide 7: Minyari Dome Project (100% Antipa)

    A MINYARI DOME PROJECT (100% ANTIPA) Broome Port Hedland ANTIPA Critical mass resource -Scoping Study underway with completion in Q3CY222 MINERALS Kalgoorlie 1.8 Perth Moz GOLD ONLY 2022 RESOURCE AT 1.6 g/t Moz WITH 2.6 AT 2.4 g/t GOLD GOLD EQUIV1 EQUIV1 INDICATED RESOURCE 1.0 Moz GOLD AT 1.4 g/t 65

  8. Slide 8: Minyari Dome Project: Critical mass resource

    A MINYARI DOME PROJECT Minyari 1. Critical mass resource (1.5Moz Au, 56.3kt Cu, 540koz Ag, 9.6kt Co) 33.9 MT RESOURCE 21.7MT ABOVE 275M DEPTH FIVE DEPOSITS THE OUTSTANDING 2021 GOLD-COPPER- Sundown 77% OF WHICH IS INDICATED RESOURCE SILVER-COBALT (9koz Au, 0.7kt Cu, 5koz Ag, 0.1kt Co) Au 1.8 Moz at

  9. Slide 9: Minyari Dome Project: Strategically significant location

    Legend: A MINYARI DOME PROJECT A Minyari Dome (100%) 2. Strategically significant location B Citadel (35%): Rio Tinto JV C Wilki (100%): Newcrest Farm-in  Paterson Province – Tier 1 gold-copper exploration D Paterson (100%): IGO Farm-in country with serious cobalt and tungsten in the mix B  Within

  10. Slide 10: Minyari Dome Project: Outstanding further prospectivity

    A MINYARI DOME PROJECT 3. Outstanding further prospectivity  Thick pipe like breccia mineralisation starting at surface and remaining open below 670 metres depth  The intensity of this style of intrusion related breccia mineralisation can rapidly increase  Analogous to the nearby Havieron deposit

  11. Slide 11: Minyari Dome: Mineral Resource Growth 2022 Exploration Programme

    A MINYARI DOME PROJECT 3. Outstanding further prospectivity Mineral Resource Growth 2022 Exploration Programme1  Resource Extension and Greenfield Drill Programme Commenced in June Phase 1 up to 10,000m of RC drilling plus up to 3,000m of diamond core1 Mineral Resource Extension Opportunities  Min

  12. Slide 12: Minyari Dome: Maiden Mineral Resource Opportunities

    A MINYARI DOME PROJECT 3. Outstanding further prospectivity Maiden Mineral Resource Opportunities  Minyari North Coincident magnetic-high and IP chargeability anomaly approx. 400m north of Minyari with 2021 drilling intersecting encouraging alteration including sulphides  GP01 2021 discovery drill

  13. Slide 13: Minyari Dome: Prioritising project advancement

    A MINYARI DOME PROJECT (100% ANTIPA) 4. Prioritising project advancement CY22 CY23 MINYARI Q2 Q3 Q4 Q1 Q2 Q3 Q4 DOME Scoping RAPID Study1 ADVANCEMENT FOCUS New target finalisation Drill test multiple prospects and STUDIES new targets1 + MINERAL RESOURCE Targeted Pre- EXPANSION Feasibility Study1 1.

  14. Slide 14: Proven value creators: Discovery, advancement and development

    A MINYARI DOME PROJECT 5. Proven value creators: Discovery, advancement and development Stephen Power Roger Mason Mark Rodda Peter Buck Gary Johnson Luke Watson Non-executive Chairman Managing Director Executive Director – Non-Executive Director Non-Executive Director CFO and Company Commercial and

  15. Slide 15: Complementary Major Growth Projects

    COMPLEMENTARY MAJOR GROWTH PROJECTS B CITADEL JV (35% Antipa and 65% Rio Tinto) C WILKI FARM-IN (100% Antipa - Newcrest Mining Ltd farming in) D PATERSON FARM-IN (100% Antipa - IGO Ltd farming in) INVESTOR PRESENTATION | 15

  16. Slide 16: Citadel JV Project (35%)

    B CITADEL JV PROJECT (35%) Significant gold-copper-silver resource 1.2 GOLD Moz STRATEGIC JOINT VENTURE WITH EQUIVALENT1 RIO B ATTRIBUTABLE RESOURCE2 TINTO2 WITHIN 108 MT MINERAL RESOURCE 45 OF km Au 2.4 Moz (0.85 Moz attrib.) at 0.72 g/t RIO’S WINU Cu 162 kt (56.7 kt attrib.) at 0.15% COPPER-GOLD-S

  17. Slide 17: Citadel JV Project: Geology and scale suggests substantial growth

    B CITADEL JV PROJECT (35% ANTIPA) Geology and scale suggests substantial growth and development potential Calibre deposit (shown right)  Inferred Mineral Resource 92Mt at 0.72 g/t gold, 0.11% copper and 0.46 g/t silver for 2.1Moz gold, 104kt copper and 1.3Moz silver  1.7km long, up to 480m thick a

  18. Slide 18: Citadel JV Project: Winu satellite and stand-alone potential

    B CITADEL JV PROJECT (35% ANTIPA) Both Winu satellite and stand-alone project potential Minyari deposit Havieron deposit CITADEL WINU 35% 65% 100% 108Mt 1,200km2 GOLD RESOURCE OF PROJECT AREA 608Mt COPPER RESOURCE TIER POTENTIAL 1 AT AT FIRST ORE 0.72 g/t 11,000m DRILL 0.40% SCHEDULED FOR AND 0.15 %

  19. Slide 19: Citadel JV Project: Exploration programme and forward plan

    B CITADEL JV PROJECT (35% ANTIPA) Exploration programme and forward plan  Focused on greenfield gold-copper discoveries and the ongoing evaluation of a potential development opportunity at Calibre  Key components of CY 2022 programme:1  11,000m RC and Diamond Core Drill Programme: • Rimfire area

  20. Slide 20: Wilki Farm-in Project

    C WILKI FARM-IN PROJECT A compelling greenfield opportunity MASSIVE ATTRACTIVE FARM-IN AGREEMENT WITH A$60M 2,200km NEWCREST 2 SPEND FOR 75% JV LAND MINING 1 C INTEREST HOLDING +A$6M C WITHIN SPENT BY NEWCREST TO 3 km DATE OF THE C C 2.4 MT MINERAL RESOURCE TELFER GOLD-COPPER- SILVER MINE AND 22Mtpa

  21. Slide 21: Wilki Farm-in Project: Exploration programme and forward plan

    C WILKI FARM-IN PROJECT Exploration programme and forward plan  Greenfield exploration focus for Havieron and Telfer analogue targets primarily under shallow cover  Key components of CY 2022 programme:1  Drill programmes to direct drill test priority targets with similar characteristics to high-g

  22. Slide 22: Paterson Farm-in Project

    D PATERSON FARM-IN PROJECT Limited historic drilling, massive potential D LARGE ATTRACTIVE FARM-IN AGREEMENT WITH A$30M 1,550km IGO 2 1 SPEND FOR 70% JV INTEREST LAND HOLDING ANTIPA FREE CARRIED TO COMPLETION OF FEASABILITY STUDY WITHIN +A$4M 22 km SPENT BY IGO TO DATE OF THE GOLD-COPPER-SILVER D TE

  23. Slide 23: Paterson Farm-in Project: Exploration programme and forward plan

    D PATERSON FARM-IN PROJECT Exploration programme and forward plan  Greenfield exploration focus for Nifty, Winu, Telfer and Havieron analogue targets under shallow cover  Two major components of the CY 2021 programme identify multiple priority greenfield targets:  Air core drill programme – Regio

  24. Slide 24: Highlights

    HIGHLIGHTS INVESTOR PRESENTATION | 24

  25. Slide 25: Emerging as a Tier 1 Gold and Copper Business

    EMERGING AS A TIER 1 GOLD AND COPPER BUSINESS Investment highlights OUTSTANDING  Paterson region has been historically underexplored  Prospective frontier for the discovery of multi-cycle, tier-one gold-copper LOCATION deposits PROXIMAL TO THE TELFER MINE AND HAVIERON AND  In the last 6 years >16

  26. Slide 26: Contact

    CONTACT Managing Director Mr Roger Mason E: roger.mason@antipaminerals.com.au Executive Director Mr Mark Rodda E: mark.rodda@antipaminerals.com.au Media Relations Mr Michael Vaughan Fivemark Partners E: michael.vaughan@fivemark.com.au T : +61 422 602 720 Corporate Office Level 2, 16 Ord Street West

  27. Slide 27: Appendix

    APPENDIX INVESTOR PRESENTATION | 27

  28. Slide 28: Mineral Resource: Minyari Dome

    MINERAL RESOURCE Minyari Dome Minyari Dome Project (100%)1 Deposit Au cut-off Category Tonnes (Mt) Au grade (g/t) Cu grade (%) Ag grade (g/t) Co (%) Au (oz) Cu (t) Ag (oz) Co (t) Minyari 0.5 Au Indicated 15.00 1.17 0.19 0.54 0.04 567,000 27,800 259,600 5,930 Minyari 0.5 Au Inferred 2.70 1.12 0.12 0.

  29. Slide 29: Mineral Resource: Citadel and Wilki

    MINERAL RESOURCE Advanced exploration optionality Citadel Project (Antipa 35% and Rio Tinto 65% JV) Deposit Au cut-off Category Tonnes (Mt) Au equiv. (g/t) Au grade (g/t) Cu grade (%) Ag grade (g/t) Au equiv. (Moz) Au (Moz) Cu (t) Ag (Moz) Calibre 0.5 Au Inferred 92 0.92 0.72 0.11 0.46 2.7 2.10 104,

  30. Slide 30: JV and Farm-in Project Summary

    JV AND FARM-IN PROJECT SUMMARY Citadel Joint Venture – Antipa 35% : Rio Tinto 65% (Rio earnt 65% by sole funding A$25M)  ~1,200km2 Citadel JV Project just 45km from Rio Tinto’s Winu copper-gold-silver project  Existing combined Mineral Resource: 2.4Moz gold at 0.72 g/t and 162kt copper at 0.15% 

  31. Slide 31: Shallow Depth of Younger Cover – First Mover Advantage

    SHALLOW DEPTH OF YOUNGER COVER –FIRST MOVER EXPLORATION AND DEVELOPMENT ADVANTAGE ~50% OF ANTIPA TENEMENTS ARE UNDER LESS THAN 20 metres OF COVER ~80% OF ANTIPA TENEMENTS ARE UNDER LESS THAN 80 metres OF COVER INVESTOR PRESENTATION | 31

  32. Slide 32: Minyari Gold-Copper-Silver-Cobalt Deposit

    MINYARI GOLD – COPPER – SILVER - COBALT DEPOSIT MINYARI DRILL HOLE 20MYD0194 23.0m at 4.5 g/t gold, 0.4% copper and 1.0 g/t silver from 549.0m Core Photo from 548.82m to 553.4m MINYARI DRILL HOLE MHC20001 16.0m at 2.5 g/t gold, 0.5% copper and 1.9 g/t silver from 614.0m Core Photo from 615.45 to 617

  33. Slide 33: WACA Gold-Copper-Silver ± Cobalt Deposit

    WACA GOLD – COPPER – SILVER ± COBALT DEPOSIT • WACA Resource Opportunity WACA gold-copper mineralisation extends along 650m of strike, across a horizontal width of up to 100m, down to 510m below surface with a moderate northwesterly plunge similar to Minyari, and remains open in several directions:

  34. Slide 34: Havieron Gold-Copper Deposit

    HAVIERON GOLD - COPPER DEPOSIT 1. Havieron deposit is the subject of a farm-in and joint venture agreement with Newcrest Mining Ltd able to earn up to a 70% joint venture interest via total expenditure of US$65m (Refer to ASX and AIM releases 12 March 2019). 2. Refer Greatland Gold plc’s website (ww

  35. Slide 35: Comparison of the Minyari and Havieron Cores

    COMPARISON OF THE MINYARI AND HAVIERON CORES MINYARI AND HAVIERON MINYARI DRILL HOLE SIMILARITIES 20MYD0194 (548.82m to 553.4m)  Meta-sedimentary and felsic to mafic intrusive host rocks  Intense hydrothermal alteration  Breccia style mineralisation, including fracture and crackle breccias, throu

  36. Slide 36: Telfer Gold-Copper-Silver Operation

    TELFER GOLD – COPPER - SILVER OPERATION • Gold production gap Newcrest Mining Ltd’s (NCM) group production profile - Focus just on the orange area (i.e. Telfer+Havieron)1 Note NCM’s diminishing production from the Telfer hub (35km from Minyari) from FY24 onwards 1 1. Sources: Graph from Newcrest pub

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