Canterbury Resources Ltd. · ASX:CBY
Canterbury Resources — Sydney Mining Club (March 2021)
17 slides from Canterbury Resources's conference presentation, Mar 4, 2021
Slide 1: Sydney Mining Club
For personal use only Sydney Mining Club 4th March 2021 Authorised by Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au Canterbury Resources Limited ACN 152 189 369 Suite 301, 55 Miller St Pyrmont NSW 2009 ASX: CBY
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 2 March 2021, for the purpose of continuous disclosure, on the basis of information already disclosed
Slide 3: Canterbury Resources Limited
Canterbury Resources Limited ASX: CBY For personal use only Canterbury is exploring porphyry related copper-gold projects and has built a strong portfolio in Papua New Guinea and Australia. The company is managed by experienced resource professionals, with a strong track record of success in the reg
Slide 4: Directors and Company Secretaries
For personal use only Non-executive Chairman John Anderson Managing Director Grant Craighead Executive Director Michael Erceg Non-executive Directors Ross Moller Robyn Watts Company Secretaries Ross Moller Véronique Morgan-Smith 4
Slide 5: Introduction: A High Leverage Copper-Gold Explorer
Introduction For personal use only Canterbury Resources - A High Leverage Copper-Gold Explorer • Exploring potential Tier-1 Cu-Au projects in the SW Pacific • Company established post-GFC, when competition for greenfield projects was low • Listed in early 2019 (ASX:CBY) to raise funds for drilling p
Slide 6: Project Overview
Project Overview For personal use only Papua New Guinea – Multiple Potential Tier-1 Assets • Bismarck Project (CBY 40%, RTX 60%) – buried porphyry related Cu-Au targets • Reprioritising targets and revising the operating structure • Field work to resume mid-year following COVID related disruption •
Slide 7: Bismarck Project (CBY 40%)
Bismarck Project (CBY 40%) For personal use only Manus Is. - Large Buried Cu-Au Porphyry Systems • Rio Tinto has been managing and sole-funding exploration - restructure in progress • Geology and geophysics have identified major targets hidden beneath a very large advanced argillic alteration lithoc
Slide 8: PNG Morobe Province
PNG Morobe Province For personal use only Canterbury - Strategic Tenements in a Major Mineral District Lae - industrial hub and PNG’s largest cargo port; good access to CBY projects Wafi-Golpu Development Project (Newcrest & Harmony 50/50 JV) • 27Moz Au, 9Mt Cu in Resources, incl 11Moz Au, 5Mt Cu in
Slide 9: Wamum – EL2658 (CBY 100%)
Wamum – EL2658 (CBY 100%) For personal use only • Significant Cu-Au porphyry related deposits outlined at Idzan Creek & Wamum Creek • Discovered by CRA in the 1970’s, with periodic drilling by CRA, Highlands Gold, Barrick and Newcrest • 31 drill holes completed in the project area • CBY personnel ha
Slide 10: Wamum Project – Selected Schematic Sections
Wamum Project – Selected Schematic Sections For personal use only 10
Slide 11: Wamum Project – Assessment Strategy
Wamum Project – Assessment Strategy For personal use only • Historical exploration has broadly outlined large Cu-Au deposits at Idzan Creek & Wamum Creek • Mineralisation systems remain open in several directions • Industry benchmarking indicates strong potential for defining an economic, standalone
Slide 12: Ekuti Range (CBY 100%)
Ekuti Range (CBY 100%) For personal use only Epithermal Au-Cu Lodes Peripheral to 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: Queensland Projects (CBY 100%)
Queensland Projects (CBY 100%) For personal use only Briggs & Mannersley Acquired from Rio Tinto in 2017 • Widespread porphyry style Cu-Mo-Au mineralisation • RTX retains various rights at B&M • CBY granted Fig Tree Hill tenement in 2020 On the Mt Morgan (8Moz Au, 350kt Cu) Trend • Outstanding regio
Slide 14: Briggs Project (CBY 100%)
Briggs Project (CBY 100%) For personal use only Proposed Briggs RC Drilling • Strong Cu-in-soil anomaly over ~2km strike length • ~500m strike length tested by CBY drilling • 13 RC holes (3,250m) planned, testing strike extensions & higher grade features eg: • zones of massive quartz • quartz-rich d
Slide 15: Peer Comparison v's Selected Gold Explorers
Peer Comparison v’s Selected Gold Explorers For personal use only Company Resource Data Source Date Canterbury Quarterly Report 20-Jan-21 Kingston Investor Presentation 05-Feb-21 Prodigy Quarterly Report 29-Jan-21 Geopacific Quarterly Report 29-Jan-21 Anova Quarterly Report 28-Jan-21 Sihayo Quarterl
Slide 16: Summary: A High Leverage Copper-Gold Explorer
Summary For personal use only A High Leverage Copper-Gold Explorer • Canterbury is exploring the SW Pacific for potential Tier-1 Cu-Au deposits • Four cornerstone assets established in districts with favourable geology and accessibility • Successful drill programs completed at Briggs and Ekoato in 2
Slide 17: Thank You
For personal use only Thank You Q&A Grant Craighead, Managing Director Ph: +61 9392 8020 E: gcraighead@canterburyresources.com.au
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