AAU 0.00% 0.4¢ antilles gold limited

Ann: Updated Investor Presentation, page-2

  1. 1,517 Posts.
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    Nice to see the evolving story starting to take place each time we see an updated investor presentation...

    In the below slide, it looks like they're already seeing the El Pilar Oxide cap as a clear development... short term (mid 2025 production - only 3 years after exploration)... I guess when you already have results from 80 historical holes drilled in to it - you can draw up the mine plan now with the additional drilling for JORC compliance being more of a box ticking exercise - while drilling deeper to the wider underlying porphyry system at the same time to unlock this much bigger scale future development. To me this highlights a major advantage for AAU... not only are we being fed projects by the Cuban government, but a lot of them already have historical exploration done on them so a lot of the exploration risk that mining companies usually face is removed... we just need to do some drilling to confirm what was already discovered in the past, rather than explore from scratch.

    https://hotcopper.com.au/data/attachments/4414/4414773-7d1a70c3a5d3799c7dbb5074acf28408.jpg

    In the above, we should also see the La Demajagua 6 years open pit mine life extend as the additonal drilling data leads to an increased JORC.


    In the below, it is being made clear now that we are going to be a mult-metal company, not just focused on gold. Perhaps a company name change in future to make this clear. Nice to see Zinc being mentioned now in addition to Gold/Silver and Copper.


    https://hotcopper.com.au/data/attachments/4414/4414822-95c8831beb23a759f6dd373b963a3c03.jpg


    Finally, I hope they really ram the below point home when they make their presentations. In fact, I think they should move it to the start of their slide pack rather than the end.


    https://hotcopper.com.au/data/attachments/4414/4414829-6968eb8e366553b3954133549eb23b9e.jpg



 
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