Saturn Metals Ltd. · ASX:STN
Saturn Metals — Shareholder Meeting (November 2019)
15 slides from Saturn Metals's shareholder meeting presentation, Nov 20, 2019
Slide 1: Next Generation Gold Company in a Multi Million Ounce Province
Next Generation Gold Company in a Multi Million Ounce Province Investor Presentation ASX:STN Annual General Meeting Ian Bamborough Managing Director www.saturnmetals.com.au 20 November 2019
Slide 2: Apollo Hill 'Greater' Gold Project
Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure ASX:STN • 60km south-east of Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • Centred around the current 781,000oz JORC Mineral Resource Indicated and Inferred JORC C
Slide 3: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register ASX:STN Share Price Since Listing in March 2018 Substantial Shareholders Peel Mining Limited (escrowed – March 2020) 27.3% Wythenshawe and Associates 7.8% Funds 4.4% Directors and Management 3.4% Top 20 65% Corporate Metrics Cash A$4.4M Shares on Issu
Slide 4: Apollo Hill – Resource Upgrade (781koz Au) October 2019
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A Significant Increase – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 24.5 Mt @ 1.0g/t Au for 781,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow RLs1 • Expansive gold
Slide 5: Higher Grade Hanging-wall Open for Expansion
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade Hanging-wall Open for Expansion • Hanging-wall system still sparsely drilled; • Open Down plunge, along strike and to the east • Near surface improved grade makes for excellent drill targets The models are reported above no
Slide 6: A 250% Increase in Indicated Category from 2018 Mineral Resource
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A 250% Increase – In Indicated Category from 2018 Mineral Resource • Increased Confidence • Quality • Ounces • 9.2Mt @ 1.0g/t Au for 298koz is now classified as an Indicated Mineral Resource representing 38% of the total Mineral Resourc
Slide 7: Higher Grade in the Hanging Walls – New Results Extend the System
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade in the Hanging Walls – New Results Extend the System • The new hanging-wall loads are consistently higher grade than the main Apollo load (ie. +4g/t Au and +5g/t Au blocks). • Open down dip, plunge, south, and to the east.
Slide 8: Higher Grade System Extends
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade System Extends • 5m @ 5.19g/t Au from 44m – AHRC0269b extends mineralisation eastwards towards where mapping and geochemistry has shown near surface exploration potential to the east of the existing model. • Step outs conti
Slide 9: Hanging-wall Long-sections – Higher Grade Shoots
Apollo Hill - Hanging-wall Long-sections – Higher Grade Shoots ASX:STN • Continuity, Plunge, Repetition – Stacked Shoots • Recent intersections now contained in the Resource include: 17m @ 2.96g/t Au from 41m - including: 10m @ 4.82g/t Au from 45m, which also includes; 4m @ 9.31g/t Au from 51m all c
Slide 10: Expanding Vision – October 2019
Expanding Vision – October 2019 Composite section provides clues to discovery potential ASX:STN • 1.5km wide anomalism and growing • Link structures and parallel lodes interpreted • Gold system of substantial scale High Density Drilling = Less Drill Density Lowest Drill Density Resource and signific
Slide 11: Simple Metallurgy
Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction Data collected with GeoCore X10 ASX:STN characteristics for easily recoverable gold Grey Green Gold Grains Basalt CONVENTIONAL AND GRAVITY • More than 60% recovery by gravity • Greater than 92% gold recovery
Slide 12: Planned - Current Drilling
Planned - Current Drilling 2019 ASX:STN • 7,400m of drilling completed – assays pending for ~40 holes • Further 6,000m planned – in progress at Apollo Hill to Dec 2019 Apollo Hill 781koz Inferred and Indicated Mineral Resource • Step out Exploration Outline - - - - - - • Resource Extension • Resourc
Slide 13: Regional Program
Regional Program Looking for a Big New System ASX:STN Current Aircore Program: Apollo Hill Airborne Magnetic and Ground Gravity Image with Saturn Metals Limited Tenements and Road Network Widely spaced lines ~1.2km appropriate to structural targets - 300m drill spaced – looking for big new system. 3
Slide 14: Growth: Expanding Footprint
Growth Expanding Footprint ASX:STN • Drill pads photographed to September 2019 1.7km • Mineralisation from surface • Expanding width • Post September - surface mapping highlights extensional geological features 300m Hanging-wall Step-out • More drilling in progress Open Open Field mapping early Sept
Slide 15: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements ASX:STN The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons