Antipa Minerals Limited · ASX:AZY
Antipa Minerals — 121 APAC Conference 2021
42 slides from Antipa Minerals's conference presentation, November 2021
Slide 1: Investor Presentation 121 APAC
INVESTOR PRESENTATION 121 APAC A commanding exploration position in a premier gold and copper district November 2021 | ASX : AZY
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
Slide 3: Antipa Minerals
ANTIPA MINERALS A commanding exploration position in a premier gold and copper location Broome Port Hedland 2.3 FLAGSHIP Moz ANTIPA MINERALS GOLD EQUIVALENT PROJECTS ATTRIBUTABLE MINERAL Kalgoorlie A Minyari Dome (100%) B Perth RESOURCE1 1.7 Moz ATTRIBUTABLE GOLD B Citadel (35%): Rio Tinto JV 5,200
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT CAPITAL STRUCTURE | ASX:AZY SHARE REGISTER Share price1 A$ 0.05 Shares on issue1 3,140 M 10% 5% 4% Market capitalisation1 A$ 157.0 M 7% Cash2 A$ 21.1 M Debt2 Nil 74% EV A$ 135.8 M Newcrest IGO Options1 169.8 M Board and management Institutions and funds Other 1. At 29 October 2021
Slide 5: Board and Management
BOARD AND MANAGEMENT Leadership group with a diverse background and deep industry experience 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
Slide 6: Flagship Projects
FLAGSHIP PROJECTS A MINYARI DOME B CITADEL INVESTOR PRESENTATION | 6
Slide 7: A Minyari Dome
A MINYARI DOME Growing towards a company defining resource 1 EQUIVALENT ATTRIBUTABLE Moz GOLD 100% ANTIPA OF GROUND WITHIN 144 km2 A OWNED 35KM OF TELFER AND 2017 RESOURCE1 50KM OF HAVIERON 11 MT MINERAL RESOURCE Au 723 koz at 2.0 g/t Cu 26 kt at 0.24% RECENT OUTSTANDING GOLD-COPPER Ag 233 koz at 0.
Slide 8: A Minyari Dome: Outstanding geology
A MINYARI DOME Outstanding geology Covers an area of 144km2, surrounded entirely by the Antipa-IGO Farm-in Project Project includes the Minyari and WACA deposits and resources, and the GP01, Minyari South and Judes prospects Range of high-priority exploration targets At Minyari, mineralisati
Slide 9: Initial results support intrusion related system with Havieron affinities
A MINYARI DOME Initial results support an intrusion related mineral system with Havieron affinities Minyari deposit MINYARI Havieron deposit HAVIERON MINYARI HAVIERON 100% 40% 60% 1 4.5 Moz GOLD 38,000m 126,643m EQUIVALENT OF DRILLING OF DRILLING COMPLETED COMPLETED 2017 RESOURCE1 IN 2021 Moz GOLD E
Slide 10: 2021 delivers multiple new gold-copper discoveries
A MINYARI DOME 2021 delivers multiple new gold-copper discoveries Broader project areas has significant resource growth opportunity from resource extensional targets and high-priority geophysical and geochemical targets High-grade gold-copper discoveries so far in 20211 include: Minyari East a
Slide 11: Greenfield programme and forward plan
A MINYARI DOME Greenfield programme and forward plan 2021 greenfield exploration programme objective to deliver significant gold and/or copper discoveries within 4km of Minyari-WACA resource Key components of greenfield programme:1 Detailed Drone Magnetic Survey (completed) Gradient Array In
Slide 12: B Citadel (35%): Significant gold-copper-silver resource
B CITADEL (35%) Significant gold-copper-silver resource 1.2 GOLD Moz STRATEGIC JOINT VENTURE WITH EQUIVALENT RIO ATTRIBUTABLE RESOURCE1 TINTO2 B WITHIN 108 MT MINERAL RESOURCE 45 OF km Au 2.4 Moz (0.84 Moz attrib.) at 0.72 g/t RIO’S WINU Cu 162 kt (56.7 kt attrib.) at 0.15% COPPER-GOLD-SILVER PROJEC
Slide 13: Both Winu satellite and standalone project potential
B CITADEL (35%) Both Winu satellite and standalone project potential Minyari deposit Havieron deposit CITADEL WINU 35% 65% 100% 108Mt 1,300km2 GOLD RESOURCE OF PROJECT AREA 503Mt COPPER RESOURCE TIER POTENTIAL 1 AT AT FIRST ORE 0.72 g/t 25,000m DRILL 0.35% SCHEDULED FOR AND 0.15 % AND 0.27 g/t COPPE
Slide 14: Geology and scale suggests substantial growth potential
B CITADEL (35%) Geology and scale suggests substantial growth and development potential Calibre deposit (shown right) Inferred Mineral Resource 92Mt at 0.92 g/t gold, 0.11% copper and 0.46 g/t silver for 2.1Moz gold, 104kt copper and 1.3Moz silver 1.8km long, up to 480m thick and extends 500m do
Slide 15: Exploration programme and forward plan
B CITADEL (35%) Exploration programme and forward plan Focussed on the evaluation of a potential development opportunity at Calibre, brownfield extensional targets at Calibre and Magnum, and greenfield gold-copper discoveries Key components of 2021 programme:1 25,000m RC and Diamond Core Drill
Slide 16: Advanced Exploration Optionality
ADVANCED EXPLORATION OPTIONALITY C WILKI D PATERSON INVESTOR PRESENTATION | 16
Slide 17: C Wilki: A compelling greenfield opportunity
C WILKI A compelling greenfield opportunity MASSIVE ATTRACTIVE FARM-IN AGREEMENT WITH INITIAL 2,200km 2 NEWCREST A$6M LAND MINING1 C HOLDING EXPLORATION PROGRAMME MANAGED BY C WITHIN ANTIPA 3 km OF THE C 2.4 MT MINERAL RESOURCE C TELFER GOLD-COPPER- SILVER MINE AND PROCESSING Au 103.5 Koz at 1.3 g/t
Slide 18: Multiple new AEM, magnetic and gravity targets
C WILKI Multiple new AEM, magnetic and gravity gold -copper targets Greenfield exploration focus for Havieron and Telfer analogue targets under shallow cover Ten priority aerial electromagnetic (AEM) and magnetic targets within 15 to 35km of Telfer Two gravity targets 60km from Telfer Some t
Slide 19: D Paterson: Limited historic drilling, massive potential
D PATERSON Limited historic drilling, massive potential D LARGE ATTRACTIVE FARM-IN AGREEMENT WITH INITIAL 1,550km A$4M IGO 2 1 LAND EXPLORATION HOLDING PROGRAMME TO BE WITHIN MANAGED BY ANTIPA 22 km OF THE D GOLD-SILVER-COPPER TELFER INTERSECTED GOLD-COPPER- SILVER NIFTY, WINU, TELFER MINE AND PROCE
Slide 20: D Paterson: Reaper-Poblano-Serrano
D PATERSON Reaper –Poblano –Serrano Limited, very broad spaced 2019 RC + 2020 air core drilling intersects significant gold-copper±silver mineralisation along a 1.8km trend Mineralisation is open in all directions under shallow cover and includes: 4.0m at 8.1 g/t gold, 0.23% copper and 0.91 g/
Slide 21: Future Activities and Investment Highlights
FUTURE ACTIVITIES AND INVESTMENT HIGHLIGHTS INVESTOR PRESENTATION | 21
Slide 22: Aggressive exploration programme
AGGRESSIVE EXPLORATION PROGRAMME Strong newsflow pipeline 2021 2022 MINYARI Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 DOME Resource Scoping ADVANCEMENT Minyari update Study FOCUS A Dome 45,000m DD and RC drilling ProjDev Activities +Target Drilling A$45 M B Citadel 25,000m DD and RC drilling ProjDev Activities + Targ
Slide 23: A World-Class Exploration Business
A WORLD-CLASS EXPLORATION BUSINESS Investment highlights SIGNIFICANT Existing attributable JORC resource of 2.3Moz1 of gold equivalent EXPLORATION & Exploration programmes up to A$45M and +90k drill metres through CY 2021 RESOURCE Minyari Dome (100%) – growing towards a company-defining resour
Slide 24: Contact
CONTACT Non-Executive Chairman Mr Stephen Power E: stephen.power@antipaminerals.com.au Managing Director Mr Roger Mason E: roger.mason@antipaminerals.com.au Corporate office Level 2, 16 Ord Street West Perth WA 6005 Australia PO Box 795 West Perth WA 6872 T: +61 8 9481 1103 E: admin@antipaminerals.c
Slide 25: Appendix
APPENDIX INVESTOR PRESENTATION | 25
Slide 26: Mineral Resource: Flagship projects
MINERAL RESOURCE Flagship projects Minyari Dome Project (100%) Deposit Au cut-off Category Tonnes (Mt) Au grade (g/t) Cu grade (%) Ag grade (g/t) Co (ppm) Au (oz) Cu (t) Ag (oz) Co (t) Minyari 0.5 Au Indicated 3.2 1.9 0.3 0.7 590 192,610 9,600 75,660 1,860 Minyari 0.5 Au Inferred 0.7 1.7 0.24 0.6 34
Slide 27: Mineral Resource: Advanced exploration optionality
MINERAL RESOURCE Advanced exploration optionality Wilki Project (100%) Deposit Au cut-off Category Tonnes (Mt) AU grade (g/t) Cu grade (%) Ag grade (g/t) Co (ppm) Au (oz) Cu (t) Ag (oz) Co (t) Chicken Ranch 0.5 Au Inferred 0.8 1.6 40,300 Tim's Dome 0.5 Au Inferred 1.8 1.1 63,200 Total Wilki Project
Slide 28: Project Summary
PROJECT SUMMARY Citadel Joint Venture – Antipa 35% : Rio Tinto 65% (Rio earnt 65% by sole funding A$25m) ~1,300km2 Citadel 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% Managed and operat
Slide 29: Depth of Younger Cover
DEPTH OF YOUNGER COVER ~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 | 29
Slide 30: Minyari Gold-Copper-Silver-Cobalt Deposit
MINYARI GOLD – COPPER – SILVER - COBALT DEPOSIT INVESTOR PRESENTATION | 30
Slide 31: Minyari East Copper-Silver-Cobalt Mineralisation
MINYARI EAST – COPPER –SILVER - COBALT MINERALISATION INVESTOR PRESENTATION | 31
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
Slide 33: WACA Gold-Copper-Silver Deposit
WACA GOLD – COPPER – SILVER ± COBALT DEPOSIT INVESTOR PRESENTATION | 33
Slide 34: Citadel Gold-Copper Greenfield Targets
CITADEL GOLD – COPPER GREENFIELD TARGETS RIMFIRE AREA – MULTIPLE LARGE GOLD-COPPER TARGETS Significant gold-copper±silver mineralisation from drill holes at multiple magnetic targets across 4.5km of the Rimfire area situated: 25km from Rio Tinto’s 503 million tonne Winu copper-gold-silver develo
Slide 35: 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
Slide 36: 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
Slide 37: World Class Paterson Province
WORLD CLASS PATERSON PROVINCE PRE DECEMBER Pre December 2017 Post December 2017 2017 = 1,000km2 + 1,335km2 in JV =0 270 km 155 km POST DECEMBER 2017 = 10,700km2 + 2,270km2 in JV = 5,240km2 INVESTOR PRESENTATION | 37
Slide 38: Strategically Located
STRATEGICALLY LOCATED 1. Rio Tinto ‘Bank of America Global Metals, Mining and Steel Conference’ presentation 18 May 2021 - Refer to Rio Tinto Limited’s website (www.riotinto.com) and news releases on the Australian Stock Exchange (ASX: RIO) (www.asx.com.au) and London Stock Exchange (LON: RIO) (www.
Slide 39: Calibre Gold-Copper-Silver Resource
CALIBRE GOLD – COPPER – SILVER RESOURCE INVESTOR PRESENTATION | 39
Slide 40: Rio Tinto's Winu Satellite Imagery
RIO TINTO’S WINU SATELLITE IMAGERY MINERAL RESOURCE1 Winu 100% Antipa-IGO Farm-in Tenement TO A DEPTH OF ONLY 325M BELOW THE SURFACE INCLUDING APPROXIMATELY 100M OF COVER 503Mt at 0.45% copper equivalent (CuEq) (0.2% CuEq cut-off ) at 0.27 g/t Au, 0.35% Cu and 2.15 g/t Ag for 4.4Moz gold, 1.8Mt co
Slide 41: Newcrest's Telfer: Discovered in 1972
NEWCREST’S TELFER – DISCOVERED IN 1972 Antipa’s Projects include the same host-rock, structural and hydrothermal mineralisation settings as Telfer Telfer’s June 2000 Underground Mineral Resource was 3.5 Mt at 13.8 g/t gold for 1.5 Moz gold1 Telfer was discovered in 1972 and has produced 16 Moz
Slide 42: Antipa Minerals
Ci) ANTIPAMINERALS