Antipa Minerals Limited · ASX:AZY
Antipa Minerals — 121 Mining Investment Hong Kong (October 2018)
26 slides from Antipa Minerals's conference presentation, Oct 23, 2018
Slide 1: Realising Potential in the Paterson Province
Realising Potential in the Paterson Province Corporate Presentation | October 2018 ASX Code : AZY www.antipaminerals.com.au
Slide 2: Important Notice/Disclaimer
Important Notice/Disclaimer Nature of this document: The purpose of this document is to provide general information about Antipa Minerals Limited (the ‘Company’). Unless otherwise stated herein, the information in this document is based on the Company’s own information and estimates. In viewing this
Slide 3: Large Scale and World Class Assets in Emerging Region
Large Scale and World Class Assets in Emerging Region • Three Large Projects – Citadel, North Telfer and Paterson • 5,500 km2 tenement holding in the underexplored but demonstrated World Class Paterson Province in Western Australia extending to within 3 km of the Telfer Gold Mine 3
Slide 4: Compelling Investment Opportunity
Compelling Investment Opportunity Highly-prospective province: Attracting attention of mining majors • Emerging exploration district with Rio Tinto and FMG recently establishing positions • Proven precious and base metals district hosting two producing mines • Antipa control majority of highly prosp
Slide 5: World Class Mineral Province – First Mover Advantage
World Class Mineral Province – First Mover Advantage Before December 2017: After December 2017: = 1,000km2 + 1,335km2 in JV = 11,036km2 + 1,760km2 in JVs =0 = 5,310km2 270 km 155 km 5
Slide 6: Corporate Snapshot
Corporate Snapshot (ASX : AZY) Capital Structure Share Performance (LTM) 15 October 2018 0.030 1 August 2018 27 August 2018 AEM survey identifies 60 Shares on Issue (M) 1,805 Minyari initial RC drilling intersects Minyari Dome excellent 11 high priority EM Conductor targets (Undiluted) 27 March 2018
Slide 7: 2018/2019 Exploration Focus
2018/2019 Exploration Focus Regional Exploration • Continue to systemically explore the Paterson Province to define next deposit • Large regional AEM survey completed covering 70 km strike extent for 1,020 km2 • 11 high priority AEM copper-gold targets identified for drill testing in early 2019 Miny
Slide 8: World Class Exploration Potential
World Class Exploration Potential Significant exploration upside in a proven mining district • Underexplored and shallowly covered licences in world-class province: o 50% of Antipa’s portfolio is under 0 to 20m cover; and o 30% of Antipa’s portfolio is under 20 to 80m cover. • Thin cover provides An
Slide 9: AEM Survey Identifies Multiple High-Priority Gold-Copper Targets
AEM Survey Identifies Multiple High-Priority Gold-Copper Targets 1,020 km2 Aerial Electromagnetic (AEM) survey completed over El Paso Corridor • 11 high priority EM conductors identified • AEM responsible for multiple discoveries since 2011 • Conductors can represent Au - Cu sulphide mineralisation
Slide 10: Minyari Dome – Established High-Grade Open Pittable Resource
Minyari Dome – Established High-Grade Open Pittable Resource Minyari-WACA Resource - Exploring for extensions • Indicated and Inferred Mineral Resources of 11Mt grading 2.0 g/t Au, 0.24% Cu, 380ppm Co and 0.7 g/t Ag for 723koz Au, 26kt Cu, 4kt Co and 233koz Ag • 2017 air core drilling programme iden
Slide 11: Minyari Dome – Established High-Grade Open Pittable Resource (Continued)
Minyari Dome – Established High-Grade Open Pittable Resource (Continued) 11
Slide 12: Minyari Dome – Favourable Metallurgical Test-Work Supports Future Development
Minyari Dome – Favourable Metallurgical Test-Work Supports Future Development 2017 metallurgical testing confirmed high gold recoveries • Conventional gravity and cyanide leach processing for all ore types delivered from Minyari and WACA averaged total gold recoveries of 95% for oxide ore and 88% fo
Slide 13: Chicken Ranch and Turkey Farm – Shallow High-Grade Gold Opportunity
Chicken Ranch and Turkey Farm – Shallow High-Grade Gold Opportunity Chicken Ranch and Turkey Farm • High-grade gold mineralisation from as shallow as 1m • Mineralisation along a 3km strike length within four or more parallel mineralised gold trends Location • Just 15km from Telfer and 25km from Miny
Slide 14: Chicken Ranch – Shallow High-Grade Gold Opportunity
Chicken Ranch – Shallow High-Grade Gold Opportunity 50m 50m Chicken Ranch high-grade gold ± copper mineralisation potential poorly tested • Many high-grade gold shoots remain open • Largely shallow drilling – Primary mineralisation untested • Multiple poorly tested mineralised trends displaying sign
Slide 15: Chicken Ranch – 2018 Drilling Programme Update
Chicken Ranch – 2018 Drilling Programme Update 2018 Drilling Programme Update • High-grade gold mineralisation intersected across 1.3km and potentially open • 2018 drill programme highlights include: o 12.0m at 7.21 g/t gold from 28m down hole in 18CRA0052, including: 6.0m at 13.66 g/t gold from 28m
Slide 16: Tim’s Dome – Shallow High-Grade Gold Opportunity
Tim’s Dome – Shallow High-Grade Gold Opportunity Tim’s Dome • Gold ± copper mineralisation occurs from as shallow as 1m • Up to 200m wide gold bearing corridor over 4km long • Re-emergence of Telfer Dome structures and mine host sequence • Potential for high-grade Telfer Reef and Vein Style minerali
Slide 17: Tim’s Dome – High-Grade Gold Opportunity and 2018 Exploration Programme Update
Tim’s Dome – High-Grade Gold Opportunity and 2018 Exploration Programme Update Telfer to Tim’s Dome Interpreted Long Section (looking Telfer mine grid west) Re-emergence of the Telfer Dome structures and mine host sequence at Tim’s Dome where high-grade Telfer reef and vein style gold ± copper miner
Slide 18: Citadel Project – Rio Tinto Farm-in and Joint Venture
Citadel Project – Rio Tinto Farm-in and Joint Venture Rio Tinto $60m Staged Earn-In • $60m total exploration expenditure for Rio Tinto to earn 75%1 Calibre Deposit (gold, copper, silver, tungsten) • Large scale mineral system • Inferred Mineral Resource 47.7 Mt at 0.85 g/t Au, 0.15% Cu and 0.48 g/t
Slide 19: Indicative Timetable
Indicative Timetable Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Antipa 100% Projects: Reverse Circulation Minyari Dome & Chicken Tim’s Dome Test New Targets incl. Drilling Programmes1 Ranch1 & Follow-up1 AEM1 Air Core Drilling Chicken Test New Targets Ranch & Programmes1 Tim’s Dome1 incl. AEM1
Slide 20: Key Investment Takeaways
Key Investment Takeaways ANTIPA MINERALS UNLOCKING THE PATERSON PROVINCE TIER ONE UNDER-EXPLORED EXPLORATION PORTFOLIO IN A PROVEN MINING PROVINCE DRILL TESTING OF MULTIPLE HIGH PRIORITY EL PASO CORRIDOR COPPER-GOLD TARGETS OUTSTANDING OPPORTINITY TO ADD SIGNIFICANTLY TO THE EXISTING MINERAL R
Slide 21: Contacts
Contacts Executive Chairman Managing Director Mr Stephen Power Mr Roger Mason E: stephen.power@antipaminerals.com.au E: roger.mason@antipaminerals.com.au Corporate Office PO Box 795 Level 2, 16 Ord Street West Perth WA 6872 West Perth WA 6005 T: +61 8 9481 1103 F: +61 8 9481 0117 ASX Code : AZY www.
Slide 22: Notes: Board and Management +160 Years Experience
Notes: Board and Management +160 Years Experience Stephen Power Roger Mason Mark Rodda Peter Buck Gary Johnson LLB BSc (Hons), MAusIMM BA, LLB MSc, MAusIMM MAusIMM, MTMS, MAICD Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Lawyer with 31+ y
Slide 23: Notes: Minyari, WACA, Calibre and Magnum Mineral Resource Statements
Notes: Minyari, WACA, Calibre and Magnum Mineral Resource Statements North Telfer Project *0.5 Au = Using a 0.5 g/t gold cut-off grade above the 50mRL (NB: potential “Open Cut” cut-off grade) *1.7 Au = Using a 1.7 g/t gold cut-off grade below the 50mRL (NB: potential “Underground” cut-off grade) Cit
Slide 24: Notes: Competent Person Statements
Notes: Competent Person Statements Competent Persons Statement – Exploration Results The information in this report that relates to the Exploration Results is extracted from the following: Reports entitled various relating to Antipa’s Paterson Province projects created between 7 September 2011 and 1
Slide 25: Notes: Competent Person Statements
Notes: Competent Person Statements Continued from previous page: • Report entitled “Minyari Dome Phase 1 Final Assay Results – Further Drilling Commencing September” created on 31 August 2017; • Report entitled “Citadel Project Exploration Update” created on 2 October 2017; • Report entitled “North
Slide 26: ASX Code : AZY www.antipaminerals.com.au
ASX Code : AZY www.antipaminerals.com.au
Antipa Minerals — 121 Mining Investment Hong Kong (October 2018) on 6ix