Page 523 - ANC-Presentations-Full-18-10_Neat
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Investment Highlights




















               Existing High Grade             Near To Medium Term                       Board and                   Attractive Valuation
               Nickel Resources in               Work Plan October                      Management                     Relative to Peers                      News flow
              Tier One Jurisdiction                        2021



             Existing nickel sulphide           Diamond  drill program           Cannon  has a well                   Cannon’s  valuation  at            News  flow  from multiple
             JORC resources of 87 kT Ni         underway  at Fisher  East        credentialed  and                    IPO has been  keenly               drill programs  from listing
                                                increased  to over  6000  m      experienced  board  of               priced at $15M  market
             •    4.2 Mt at 1.9% Ni for 78                                       directors and                        capitalisation
                  kT Ni at Fisher East          •   Drilling  is targeting       management,  with
                                                    extensions  to Ni

             •    9.3 kT of contained Ni            mineralisation  at           exploration,  corporate,             Peers with  less or no
                                                                                                                      resources  in the ground
                                                                                 funding  and M&A
                  at Collurabbie                    Camelwood,  Musket
                                                    & Sabre                      experience                           are priced at multiples  of
             All deposits at Fisher East            DHEM  early October                                               Cannon
             remain open along strike           •   at Fisher East               Funding  in place to
             and at depth                                                        complete  effective
                                                •   8,000 m AC at Fisher         exploration  at both  flagship
             Multiple prospects at both             East targeting  basal        projects
             projects with significant Ni           ore position  now
             anomalism                              completed



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