Antilles Gold Ltd · ASX:AAU
Antilles Gold — Investor Presentation (October 2024)
23 slides from Antilles Gold's investor presentation, Oct 23, 2024
Slide 1: Updated Investor Presentation announcement
23 October 2024 UPDATED INVESTOR PRESENTATION Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) advises that the attached Investor Presentation will be referenced in webinars, and Broker meetings scheduled for November 2024. The Presentation has been posted to the web
Slide 2: Investor Presentation 23 October 2024
For personal use only Investor Presentation 23 October 2024 Developing Gold, Copper and Antimony Projects in Mineral-Rich Cuba through a Strategic Joint Venture with the Government’s Mining Company, GeoMinera Sierra Maestra, South East Cuba ASX: AAU | OTCQB: ANTMF
Slide 3: Forward-Looking Statement Disclaimer
Forward-Looking Statement For personal use only Disclaimer Some of the statements contained in this Presentation are forward-looking statements, such as approvals and necessary permitting, impurities in products and other risks involved in the mineral statements that describe Antilles Gold Limited’s
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Financial Profile Share Price (21 October 2024) $0.004 Shares on Issue 1.856M Options (31 December 2026 - $0.01) 447M Market Cap (21 October 2024) $7.4M Cash 30 September 2024 $1.87M Debt - Shareholders Loan $175,000 Top Shareholders BNP Paribas Retail 12.27%
Slide 5: Highlights
For personal use only Highlights Drilling El Pilar Porphyry Copper Deposit, Cuba ▪ 50% stake in Cuban Joint Venture company, Minera La Victoria SA (‘MLV’), which has assembled a strategic portfolio of exploration concessions highly prospective for porphyry copper deposits, and two near-term mine dev
Slide 6: Potential Growth in Value of Minera La Victoria
Potential Growth in Value of Minera La Victoria For personal use only ▪ MLV has a founding capital of US$30.0M ▪ Antilles Gold has contributed US$14.6M of its US$15.0M earn-in for a 50% shareholding in MLV – US$400K balance to be subscribed in November 2024 ▪ Initial Scoping Studies for the Nueva Sa
Slide 7: Minera La Victoria
Minera La Victoria For personal use only Page 6
Slide 8: Pathway to Value Creation
Pathway to Value Creation For personal use only Partnership-based development Equity contributions from Antilles Gold Phased cashflow generation with first strategy with strong networks in Cuban largely complete – limited future cashflows expected by Q1 2026 resources sector contributions required w
Slide 9: Cuba - an excellent mining jurisdiction
Cuba - an excellent mining jurisdiction For personal use only ▪ Cuba is mineral rich, and under-explored, with low operating costs and mineral royalties ▪ The Government is encouraging foreign investment in the mining sector, and has realistic mining and environmental regulations, with the partnersh
Slide 10: Nueva Sabana Gold-Copper Mine (Stage One)
Nueva Sabana Gold-Copper Mine (Stage One) For personal use only The Nueva Sabana open pit mine is planned to be developed in the near term on the gold-copper oxide deposit overlaying the El Pilar porphyry copper deposit in central Cuba, to produce gold, and copper-gold concentrates for export. The d
Slide 11: Nueva Sabana Gold-Copper Mine (Stage One) Mineral Resource
Nueva Sabana Gold - Copper Mine (Stage One) For personal use only Mining Associates Pty Ltd - Updated MRE to RL-100m (approximately 150m from surface)* above a cut off of 0.25% copper, and 0.3g/t gold Notes by Mining Associates Pty Ltd Material Resource Gold Copper Copper ▪ Due to rounding to approp
Slide 12: Nueva Sabana Gold-Copper Mine Scoping Study
Nueva Sabana Gold - Copper Mine (Stage One) For personal use only ▪ A Scoping Study for the project was completed and reported to ASX on 7 May 2024 based on the first stage of the pit being limited to 100m depth, with a 4-year life at a mining rate of 500,000tpa of ore ▪ The Study indicated an NPV⁸
Slide 13: Highlights of Financial Analysis for Nueva Sabana Mine
Nueva Sabana Gold - Copper Mine (Stage One) For personal use only HIGHLIGHTS OF FINANCIAL ANALYSIS FOR NUEVA SABANA MINE (STAGE ONE) Advised to ASX 7 May 2024 US$M Pre-Development Costs including acquisition of concession 6.0 Mine Development Costs including engineering, construction, project 26.0 m
Slide 14: La Demajagua Gold Mine (Stage One)
La Demajagua Gold Mine (Stage One) For personal use only The La Demajagua gold-silver-antimony deposit is planned to be developed initially as an open pit mine to produce gold doré, and a gold-silver-antimony concentrate, and is expected to be followed by underground operations. Mining concession is
Slide 15: La Demajagua Concentrate Processing Facility
La Demajagua Concentrate Processing Facility For personal use only BGRIMM 200tpd Two-Stage Fluidized-Bed Roaster ▪ The La Demajagua mine will produce a gold-arsenopyrite concentrate, and a gold-silver- antimony concentrate by reverse flotation of the sulphide ore ▪ The project is expected to be expa
Slide 16: Copper Exploration Projects: El Pilar Porphyry System
Copper Exploration Projects For personal use only El Pilar Porphyry System A 752ha concession in central Cuba held by Minera La Victoria covers the El Pilar porphyry copper system ▪ The site is flat, unoccupied, and ideally located adjacent to a major highway, high tension power, and a 60km rail lin
Slide 17: El Pilar Porphyry System drill holes
El Pilar Porphyry System For personal use only DRILL HOLES INTO EL PILAR PORPHYRY TO SOUTH AND SOUTH EAST OF OVERLYING OXIDE DEPOSIT HOLE PDH-004A 134m @ 1.23% Cu from 49m 3.0m @ 0.95% Cu from 74m 3.0m @ 1.73% Cu from 150m HOLE PDH-045A 6.0m @ 2.20% Cu from 190m (pXRF Readings) 12.0m @ 1.27% Cu from
Slide 18: Sierra Maestra Copper Belt
Sierra Maestra Copper Belt For personal use only ▪ A highly prospective area of outcropping copper-gold-molybdenum mineralisation Competent Person has been discovered by Antilles Gold in the Sierra Maestra copper belt in south-east Cuba Statement ▪ As a result, two contiguous concessions were deline
Slide 19: Experienced Directors
Experienced Directors For personal use only Brian Johnson Ugo Cario Non-Executive Chairman Non-Executive Director Mr Johnson is a graduate in civil engineering from the University of Mr Cario has over 30 years’ of experience in the Australian mining Western Australia and a Member of the Institute of
Slide 20: Experienced Senior Management
Experienced Senior Management For personal use only Dr Jinxing Ji Steve Mertens Technical Director Mining Director Dr Ji highly knowledgeable metallurgist with 6 years of research Mr Mertens is a mining engineer with 20 years’ industry experience experience in universities and 26 years of practical
Slide 21: For more information please contact
For personal use only For more information please contact Brian Johnson Email: brianjohnson@antillesgold.net | Phone: +61 2 481 1740 | Website: www.antillesgold.net ASX: AAU | OTCQB: ANTMF Photo by :Anagoria, CC BY 3.0 via Wikimedia Commons Page 20
Slide 22: About Antilles Gold Limited
ABOUT ANTILLES GOLD LIMITED: Antilles Gold is participating in the development of two previously explored mineral deposits in Cuba to produce gold, silver, antimony and copper, and the exploration of potentially large porphyry copper deposits through its 50:50 joint venture with the Cuban Government
Slide 23: About Antilles Gold Limited (continued)
o The existing joint venture agreement includes the requirement for all funds to be held in a foreign Bank account with the only transfers to Cuba being for local expenses, which will obviate Country credit risk for foreign lenders and suppliers. For personal use only Drilling - El Pilar