Antipa Minerals

Primary ticker: ASX:AZY
Stage of development: Exploration
Primary minerals: Cobalt, Copper, Gold
Project to promote: Paterson Province Projects

Live financials

Antipa Minerals (ASX: AZY) is one of Australia’s most exciting exploration companies with a dominant landholding in Western Australia’s world-class Paterson Province, which hosts the Telfer gold mine and Rio Tinto’s recent Winu copper discovery. Antipa successfully attracted Rio Tinto to invest up to $60 million in a farm-in and joint venture on its highly prospective Citadel Project. Antipa is currently appraising its 100% owned high-grade gold/copper/cobalt projects, which have excellent near-term growth and development potential. Antipa is also undertaking significant greenfields exploration during 2019. Antipa’s Board and Management have a strong track record of exploration, development and mining success.

Management Profile

Stephen Power, Executive Chairman, LLB

Stephen is a commercial lawyer with over 30 years’ experience advising participants in the resources industry in Australia and overseas including Africa and South America. Stephen is a former Non-Executive Director of Karoon Gas Australia Ltd and was a key advisor to LionOre Mining International, a company acquired by Norilsk Nickel for in excess of $6 billion.

Roger Mason, Managing Director, BSc (Hons), MAusIMM

Roger is a geologist with over 30 years resources industry experience involving exploration, project, mining and business development roles covering a range of commodities gained in Australia and overseas including Africa and North America.

What is your rationale for attending 121 Mining Investment?

To raise the general profile of the Company and attract quality strategic and institutional investment.

What recent news would you like to highlight to investors attending?

Large Scale world class assets
• 5,500 km of highly-prospective and under-explored granted tenure
• Over 2.36 Moz of gold currently in Mineral Resource
• Long-term continuing exploration, discovery and development opportunities
$60m Rio Tinto Citadel Farm-in and Joint Venture
• Focus on Tier 1 discoveries with existing targets
• Fully funded 2018 exploration programme
Minyari-WACA near term development opportunity
• 100% owned Minyari-WACA deposits
• Shallow, high-grade gold-copper-cobalt deposits with significant exploration upside
Greenfields Exploration
• Significant 2019 exploration programme targeting Winu and Havieron look-alikes

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Commence Phase 1 exploration programme on Company’s 100% owned Paterson Project tenements, which will include up to 20,000m drilling, with the objective of delivering large-scale discoveries based on Telfer, Winu, Havieron and Nifty analogues and the broader gold-copper potential with the Paterson Province.
Deliver maiden Mineral Resources for both Chicken Ranch and Tim’s Dome Deposits.

6 Months:

Deliver initial results of Phase 1 exploration programme.
Plan and commence Phase 2 exploration programme which will follow up on successes of Phase 1 and seek to establish additional targets.

12 Months:

Deliver a material greenfield discoveries to further build on the Company’s existing pipeline of projects.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Exploration is a high risk, high reward business. Antipa minimizes this through the quality of its technical team that has a proven track record of exploration and discovery success on our strategic world-class landholding in the Paterson Province.
Market volatility and ongoing access to capital is a continuing risk. Antipa continues to manage this through the quality of its assets, its Board and Management team. This has enabled it to access capital on a continuing basis since its listing in 2011. In volatile markets Antipa attracted Rio to enter into an A$60m Joint Venture / Farm-in Agreement on its northern Citadel Project.

In a sentence, what do you think makes your company such a compelling investment?

Antipa has very large 5,500 sq km tenement holdings which have the ability to generate Tier 1 world-class assets, as recognised by the Rio Tinto farm-in and the recent Winu copper discovery, together with a management and Board capable of delivering into this potential.