Next up, we have Roger Mason, Managing Director and CEO of Antipa Minerals. Roger is a geologist with over 35 years resources industry experience involving exploration, project development, mining, and business development roles covering a range of commodities gained in Australia and overseas. Roger's career highlights include the discovery of a number of gold, nickel, and copper deposits. Over to you, Roger. Thanks, Courtney, for the introduction. Thanks everyone for your time this afternoon. It's getting pretty close to 4:00 P.M. It's our standard disclaimer. Antipa is a premier ASX-listed gold, copper exploration and development company. Our massive portfolio, shown here in yellow, covers over 4,500 sq km of Western Australia, extending for 180 km from Telfer to Winu. Over the last decade, the Paterson Province's endowment has grown by a staggering 20 million ounces of gold, 3.4 million tons of copper, and 60 million ounces of silver from greenfield discoveries. The province boasts three large-scale gold, copper, silver development projects, including Antipa's Minyari Dome. Our portfolio provides serious potential for further large-scale greenfield discoveries and brownfield resource growth. Our major and aggressive drill programs and technical studies are well-funded. Antipa's market cap is about AUD 360 million. At the end of June, we had AUD 39 million in cash, and our current EV per gold resource ounce is AUD 110. 59% of our register is held by a select group with Greatland Resources, the owner of the nearby massive Telfer gold plant, holding 6%. Shaun will be talking next. Institutions holding 48%, representing a strong endorsement of Antipa's team, strategy, and assets. Four groups cover us with price targets up to AUD 2.25, well beyond Antipa's current share price, providing the analysts a positive view on potential upside. Antipa's value is underpinned by a significant resource base of 3.6 million gold equivalent ounces. This forms the basis of our standalone Minyari Dome development opportunity. Our 2.9 million ounces of gold in resource also has 91,000 tons of copper and 880,000 ounces of silver. At Minyari Dome, our 2.5 million ounce gold resource is 85% indicated, which forms the basis of the upcoming PFS ore reserve estimation. Over the last three years, we've grown our resource by 1.3 million gold equivalent ounces. We expect further growth this year as we target resource extensions with the objective of enhancing the development opportunity by extending the mine life. Our Minyari Dome 2024 scoping study confirmed the development potential for a significant standalone operation, boasting a mining inventory of 1.5 million ounces of gold at 1.5 grams per ton, plus 500,000 ounces of silver. The project's initial processing life is 10+ years at a throughput of 3 million tons per annum, producing an impressive average of 130,000 ounces per annum for the first 10 years. Using a gold price of AUD 5,000 per ounce, the scoping study generated a post-tax NPV at 7% of AUD 1.8 billion. Given the strength of these results, a pre-feasibility study was commenced last year, which is due for completion in several months. The PFS is also highlighting the potential for up to 60,000 tons of copper production. This scoping study chart shows how much cash Minyari Dome could generate. At AUD 5,000 an ounce, the scoping study highlighted the potential for AUD 2.8 billion of free cash flow post-tax, averaging AUD 300 million per annum over the first 10 years. The serious annual cash generation opportunity provides the motivation for extending the project life via drilling. These graphs highlight how significant Antipa's resource is within the Australian landscape of undeveloped gold projects. This peer group represents both producers and non-producers gold projects with a resource grade greater than 1 gram per ton, with Minyari placed third largest in the Australian queue for contained gold ounces. Minyari Dome today is one of the top three or four gold development projects in Australia, which is not in the hands of a producer. Antipa's strong balance sheet is being applied to several key work streams aimed at unlocking value. It delivers us the ability to complete our technical studies to de-risk the development opportunity concurrent with growth and discovery drilling programs. We've assembled our own highly experienced study team and engaged leading industry consultants who are delivering exceptional results. Our substantial phase I drill program commenced in April and involves 41,000 meters testing resource growth and discovery targets all within trucking distance of our Minyari Dome development opportunity. The phase I program priorities include testing multiple targets within several kilometers of Minyari's future processing plant, multiple Telfer analog gold-copper air core and electromagnetic targets at Tim's Dome, multiple large gold-copper air core anomalies at AL01, and the large-scale Mollie base and precious metal geophysical target. We've completed about 23,000 meters of this program, and we've got results for the first 11,000 meters, which are highlighting further Minyari Project resource and discovery potential. 30 km southwest of Minyari is our satellite development opportunity, Tim's Dome, where we already have an existing resource of 110,000 ounces with growth potential and exciting discovery opportunities. At Tim's Dome, multiple Telfer reef style gold targets have been identified via air core drilling and electromagnetics within the northwestern continuation of the Tim's Dome geological and structural setting. For context, at the end of 2013, 10 years ago or more, the Telfer's high-grade reefs had produced approximately 6 million ounces of gold. A slice of that pie would be extremely tasty. Over the last couple of months, we've completed 27 RC holes at Tim's Dome, and this morning we announced results for the first seven holes. With thick gold-copper-lead mineralization intersected in the two deepest holes over approximately 500 meters of strike, with maximum grades over 1 meter at 6.3 grams per ton gold, 1.3% copper, and 1.8% lead. This mineralization remains open and sits directly above a large untested reef style EM conductivity anomaly, which extends for 1.2 km and is between 200-470 meters wide. This anomaly is situated just 50-100 meters beneath the current drilling, and we are seeing all the right signs above this EM anomaly. We've got thick mineralization consisting of quartz sulfide veins with pyrite disseminated in the halos. That's hosted within silicified and strongly sericite altered meta sediments, all signatures of the Telfer system. This Tim's Dome cross-section shows that large reef style EM anomaly, which is 270-340 meters below the surface. Excessive groundwater has prevented our recent RC holes from reaching this target. As mentioned, the drilling is delivering thick mineralization immediately above it. These exciting results have led to an expansion of the Tim's Dome RC program. Mid-August, we commenced diamond core tailing selected RC holes to test this EM target. The WA government ranks this target and is contributing AUD 180,000 to co-fund this drilling program. 30 km up the road is our Minyari development area, which hosts a significant mineral system, which we've barely scratched the surface of. This long section highlights potential for significant resource growth with multiple deposits open between depths of 50-600 meters below the surface. Keeping in mind that both Havieron and Telfer are open at depths of 1.5 km below surface. There's another 24 km of this highly prospective Minyari Dome strike, which has received very limited drilling. This Minyari deposit cross-section highlights the size of this gold-copper-silver ore body. Minyari's 1.9 million ounce gold resource starts at the surface, extends to 600 meters below surface across a 300-meter wide corridor, delivering up to 3,000 ounces of gold per vertical meter. Exceptional Minyari intersections include 154 meters at 2.1 grams per ton gold and 35 meters at 3.5 grams per ton. Just 1.3 km south of Minyari is the GEO-01 area and its 300,000 ounce gold resource, where the primary focus is extending resources at multiple deposits. GEO-01 growth opportunities include the recent 200-meter extensions to the Fiama North lode within the blue envelope, where near-surface discovery intersections included 25 meters at 1.4 grams per ton gold. In addition, discoveries to the south within the green envelope include three distinct ore horizons with a combined strike length of 2 km, where broad space drilling has intersected high-grade mineralization, such as 31 meters at 1.4 grams per ton gold, including 1 meter at 40 grams per ton and six meters at 4.1 grams per ton gold, including 2 meters at 12 grams per ton. Minyari Dome's Fiamma deposit has delivered bonanza gold intersections up to 520 gram-meters, with the high-grade mineralization remaining open down dip. Bonanza Fiamma intersections include 33 meters at 16 grams per ton gold including 3 meters at 150 grams per ton and 23 meters at 7 grams per ton gold, including 2 meters at 62 grams per ton. This year, we are chasing the Fiamma high-grade lodes down dip to grow this resource. I've got a bit of time. I might just touch on the Mollie target. Southeast of Telfer is our exciting Mollie base metal, including tungsten and precious metal skarn target, which isn't too far from its conceptual analog, the O'Callaghans skarn deposit, which is Australia's largest tungsten resource. Mollie is roughly 1 km by 2 km in size. It's a coincident magnetic and gravity high anomaly located within 6 Ks of a 200,000-ounce gold resource. Limited historic drillings failed to reach the target depth there, did generate low-grade gold mineralization. This year, we plan to get in there with a diamond rig and test this particular anomaly, which again, the WA government are contributing AUD 200,000 for that work. Look, in wrapping up, Antipa is emerging as a significant gold-copper business with several re-rate catalysts, in a region which is emerging as Australia's next prolific mining province. Antipa remains focused on advancing Minyari Dome through de-risking milestones to reach a final investment decision and become a 130,000 ounce per annum gold producer. We think as we make this progression, the company's valuation will begin to reflect the underlying value of the development project, plus the additional exciting growth and discovery opportunities. There'll be plenty of positive news flow this year, which is perfect timing given the high gold price and high copper price and M&A accelerating. We think Antipa represents a compelling opportunity for investors looking for pre-production gold-copper opportunities in Australia, with added exposure to serious resource growth and discovery leverage. The company is well-managed and attractively priced relative to analyst valuations. I'd encourage you to take a closer look at Antipa and please come and visit us, booth 60. Thanks everyone for your time. Not long to go now.
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