Antipa Minerals Limited · ASX:AZY
Antipa Minerals — 121 EMEA Conference May 2021
33 slides from Antipa Minerals's conference presentation, May 2021
Slide 1: Strategic Position in a World Class Mineral Province
STRATEGIC POSITION IN A WORLD CLASS MINERAL PROVINCE CORPORATE PRESENTATION 121 EMEA Conference – May 2021 ASX:AZY
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 Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this document ‘Company’). Unle
Slide 3: Compelling Investment Opportunity
COMPELLING INVESTMENT OPPORTUNITY Advancing World Class Exploration and Development Projects Significant Exploration and Resource Development Potential in World Class Paterson Province • 5,200km2 of under-explored gold and copper ground in a province hosting producing mines and recent world class di
Slide 4: High-Quality Partners to Fast-Track Discoveries and Development
HIGH-QUALITY PARTNERS TO FAST-TRACK DISCOVERIES AND DEVELOPMENT Farm-in/Joint Venture and Development Projects Citadel Project - A$60m Rio Tinto Farm-in Joint Venture for up to 75% interest agreed 2015 • ~1,300km2 Antipa / Rio Tinto JV with existing combined Mineral Resource: 2.4Moz gold at 0.72 g/t
Slide 5: Established Resource Base – 100% Owned Ground
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL Overview • 144km2 Project surrounded by IGO farm-in project and located just 40km from Newcrest’s Telfer processing facility • Minyari-WACA Mineral Resource of 723koz at 2.0 g/t Au, 26kt at 0.24% Cu, 233koz at 0.7 g/t Ag1 • Potentia
Slide 6: Minyari Gold-Copper-Silver-Cobalt Deposit
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT Minyari Gold-Copper-Silver-Cobalt Deposit – Recent Results Support Havieron Analogy Minyari Deposit Mineral Resource = 551 koz Gold, 22.8 kt Copper and 214 koz Silver - Open in Several Directions Presentation: 1
Slide 7: WACA Deposit – Long Section and Minyari Breccia
ESTABLISHED RESOURCE BASE – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT WACA Gold-Copper-Silver±Cobalt Deposit – Long Section Minyari Gold-Copper-Silver-Cobalt Breccia 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 f
Slide 8: Exploration Opportunity – Havieron Analogy
EXPLORATION OPPORTUNITY – 100% OWNED GROUND DEVELOPMENT POTENTIAL RESOURCE DEVELOPMENT Results Support Havieron Gold-Copper-Silver Deposit Analogy • Minyari and Havieron gold-copper deposits have similar sized mineral system footprint • Minyari drilling restricted to the upper (lower-grade) portion
Slide 9: Rio Tinto Citadel Joint Venture
RIO TINTO CITADEL JOINT VENTURE RIO TINTO CITADEL JV Overview • ~1,300km2 Citadel Joint Venture Project • Existing Calibre-Magnum gold-copper-silver resource situated 45km east of Rio Tinto’s Winu copper-gold- silver project (targeting first ore in 20241) • Expanded A$24.5m (from A$13.8m) CY2021 exp
Slide 10: Calibre Deposit (Rio Tinto JV)
CALIBRE DEPOSIT (RIO TINTO JV) RIO TINTO CITADEL JV Significant Gold-Copper-Silver Resource with Substantial Growth and Development Potential Calibre Gold, Copper, Silver Deposit • Discovered by Antipa under 80m of cover • 1.5km long, up to 480m thick, extends 500m down dip - Remains open in several
Slide 11: Calibre Deposit (Rio Tinto JV)
CALIBRE DEPOSIT (RIO TINTO JV) RIO TINTO CITADEL JV Significant Gold-Copper-Silver Resource with Substantial Growth and Development Potential Presentation: 121 EMEA Conference - May 2021 11
Slide 12: Compelling Greenfield Targets (Rio Tinto JV)
COMPELLING GREENFIELD TARGETS (RIO TINTO JV) RIO TINTO CITADEL JV Large Gold-Copper 2021 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: • 25k
Slide 13: Newcrest Wilki Farm-In
NEWCREST WILKI FARM-IN NEWCREST WILKI FARM-IN Overview • 2,212km2 Wilki Project comes to within 3km of Newcrest’s Telfer gold-copper-silver mine and processing facility and 9km of the Havieron gold-copper deposit • Initial A$6m minimum exploration programme within two years managed by Antipa • Newcr
Slide 14: Compelling Greenfield Targets (Newcrest Farm-In)
COMPELLING GREENFIELD TARGETS (NEWCREST FARM-IN) NEWCREST WILKI FARM-IN Priority Gold-Copper 2021 Geophysical Targets Multiple New AEM, Magnetic and Gravity Gold- Copper Targets • Ten priority AEM and magnetic targets within 15 to 35km of the Telfer gold-copper-silver mine and processing facility •
Slide 15: IGO Paterson Farm-In
IGO PATERSON FARM-IN IGO PATERSON FARM-IN Overview • ~1,550km2 Paterson Project comes to within 22km of Newcrest’s Telfer gold-copper mine and 8km of Rio Tinto’s Winu copper-gold-silver project • Initial A$4m minimum exploration programme within 2.5 years managed by Antipa • IGO may earn a 70% inter
Slide 16: Large Scale Potential (IGO Farm-In)
LARGE SCALE POTENTIAL (IGO FARM-IN) GREENFIELD EXPLORATION Reaper-Poblano-Serrano Gold-Copper Trend Overview • Limited, very broad spaced 2019 RC + 2020 air core drilling intersects significant gold-copper±silver mineralisation at Reaper, Poblano and Serrano along a 1.8km trend, including: • 4.0m at
Slide 17: Significant Greenfields and Brownfields 2021 Exploration Timeline
SIGNIFICANT GREENFIELDS AND BROWNFIELDS 2021 EXPLORATION TIMELINE CALENDAR YEAR EXPLORATION PROGRAMME Mar 2021 Quarter Jun 2021 Quarter Sep 2021 Quarter Dec 2021 Quarter 100% Owned Ground: Brownfield and Greenfield Drill Testing of High-grade Gold Extensions at Minyari / WACA and Other Targets inclu
Slide 18: Corporate Snapshot – Corporate
CORPORATE SNAPSHOT – ASX: AZY CORPORATE Capital Structure 3,096m A$142.4m A$30.4m N/A A$112.0m 143.5m Shares on Issue (undiluted) Market Cap at A$0.046/sh Cash1 Debt Enterprise Value Options2 Board of Directors Capital Breakdown Stephen Power • 34 years’ industry experience Executive Chairman • Exte
Slide 19: Contact
Contact 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 Australia F: +61 8 9481 0117 ANTIPAMINE
Slide 20: Mineral Resource Summary
MINERAL RESOURCE SUMMARY APPENDIX Presentation: 121 EMEA Conference - May 2021 20
Slide 21: Exploration Opportunity – Minyari and Havieron Comparison
EXPLORATION OPPORTUNITY – 100% OWNED GROUND APPENDIX RESOURCE DEVELOPMENT Comparison of the Minyari and Havieron Gold-Copper-Silver Deposits Minyari and Havieron Similarities = Meta-sedimentary host rocks, intense hydrothermal alteration, and breccia style mineralisation, including fracture and crac
Slide 22: Paterson Province’s World Class Potential – Havieron
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Greatland Gold’s Havieron Gold-Copper Deposit - 3.4Moz Gold and 160kt Copper2 • Minyari deposit a Havieron analogue • High-grade gold + copper mineralisation • Havieron a breccia pipe with high- grade sulphide rich outer ring zone and adjacent low-g
Slide 23: Strategic Position in the World Class Paterson Province
STRATEGIC POSITION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Depth of Younger Cover Above Antipa’s Paterson Province Basement • c.50% of Antipa tenements are under less than 20m cover • c.80% of Antipa tenements are under less than 80m cover Presentation: 121 EMEA Conference - May 2021 23
Slide 24: Premium Location in the World Class Paterson Province
PREMIUM LOCATION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Before December 2017: After December 2017: = 1,000km2 + = 10,700km2 + 1,335km2 in JV 2,270km2 in JVs =0 = 5,240km2 270 km 155 km Presentation: 121 EMEA Conference - May 2021 24
Slide 25: Strategic Importance of Citadel Project Rio Tinto JV
STRATEGIC POSITION IN THE WORLD CLASS PATERSON PROVINCE APPENDIX Strategic Importance and Development Potential of Citadel Project Rio Tinto Joint Venture 1. Rio Tinto ‘Bank of America Global Metals, Mining and Steel Conference’ presentation 18 May 2021 - Refer to Rio Tinto Limited’s website (www.ri
Slide 26: Calibre Deposit (Rio Tinto JV)
CALIBRE DEPOSIT (RIO TINTO JV) APPENDIX Significant Gold-Copper-Silver Resource with Substantial Growth and Development Potential Presentation: 121 EMEA Conference - May 2021 26
Slide 27: Compelling Greenfield Target (Rio Tinto JV)
COMPELLING GREENFIELD TARGET (RIO TINTO JV) APPENDIX Large Gold-Copper 2021 Greenfield Target GAIP Survey Defines +1.5 kilometre long by 900m wide Gold-Copper Target • Target has similar IP chargeability and structural High priority “GAIP20-01” setting characteristics to both the Calibre and IP targ
Slide 28: Highly Prospective and Endowed Structural Corridor
HIGHLY PROSPECTIVE AND ENDOWED STRUCTURAL CORRIDOR APPENDIX Greenfield Exploration Overview • Antipa’s 100% owned ground and tenements being farmed into by Newcrest and IGO host significant strike extent of highly prospective El Paso Structural Corridor • Multiple prospects and targets: • Minyari-WA
Slide 29: Rio Tinto’s Winu Very Large-Scale Deposit
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit - Discovery Announced 2019 Rio Tinto’s Winu copper-gold-silver deposit1 has all the hallmarks of a Tier 1 Mine in the making: • Winu drill intersections include1: • 763m at 0.44% copper, 0
Slide 30: Rio Tinto’s Winu Deposit – Satellite Imagery
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Rio Tinto’s Winu Very Large-Scale Gold-Copper-Silver Deposit – Satellite Imagery Rio Tinto’s Winu Copper-Gold-Silver Development Project Mineral Resource1 to a depth of only 325m below the surface including approx. 100m of cover = 100% Antipa-IGO Fa
Slide 31: Newcrest’s Telfer High-grade Gold-Copper-Silver Deposit
PATERSON PROVINCE’S WORLD CLASS POTENTIAL APPENDIX Newcrest’s Telfer High-grade Gold-Copper-Silver Deposit – Discovered in 1972 • Antipa’s Projects include the same structural, host-rock and hydrothermal mineralisation settings as Telfer • Telfer’s June 2000 Underground Mineral Resource was 3.5 Mt a
Slide 32: JORC Competent Persons Statement
JORC COMPETENT PERSONS STATEMENT APPENDIX Exploration Results The information in this document that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Roger Mason, a Competent Person who is a Member of The Australasian Institute o
Slide 33: www.antipaminerals.com.au
WWW.ANTIPAMINERALS.COM.AU Presentation: 121 EMEA Conference - May 2021 33