Savannah Goldfields Limited · ASX:SVG
Savannah Goldfields — Investor Presentation (December 2023)
27 slides from Savannah Goldfields's investor presentation, Dec 22, 2023
Slide 1: Entitlement Offer Presentation
Entitlement Offer Presentation For personal use only December 2023
Slide 2: Competent Persons Statement & Disclaimer
Competent Persons Statement & Disclaimer. Competent Persons Statements The information in this report that relates to Exploration Results is based on information compiled by Mr Scott Hall who is a member of the Australian Institute of Mining and Metallurgy. Mr Hall is a full- time employee of Savann
Slide 3: Queensland's developing gold producer
Far North Corporate ASX: SVG Overview Queensland’s developing gold producer For personal use only Optimising gold production as part of Savannah Goldfields’ regional expansion strategy in a highly prospective and under explored gold- rich region. Page 3
Slide 4: Corporate overview
Corporate overview. A$0.045 200.8m 54.2m $9m $0.11m Share price Ordinary Shares Convertible Notes Market cap Cash as at 19 Dec 23 ($15.2m face value) as at 19 Dec 23 as at 30 Jun 23 For personal use only Board & Management. Shareholders. Stephen Bizzell Brett Thompson Rick Anthon Mark Baker Executiv
Slide 5: Savannah Goldfields Corporate Highlights
Savannah Goldfields Corporate Highlights. For personal use only Cash generating Planned ‘Hub and gold assets spoke’ regional gold strategy Right geological Processing 590kOz* JORC setting for large optimisation with Resource with scale gold planned sulphide upside through deposits upgrade exploratio
Slide 6: FY2023 in Review
FY2023 in Review. The 2023 financial year contained numerous highlights, achievements and challenges including: For personal use only • Completion of the Georgetown Project acquisition which included the Georgetown gold processing plant and an extensive portfolio of mining and exploration leases. •
Slide 7: Regional, strategic & transformational growth
Regional, strategic & transformational growth. Hub-and-spoke strategy in North Queensland’s prolific gold region, Gulf Savannah Phase 4 For personal use only Phase 3 Future Phase 2 2024 Scale Phase 1 2023 Expansion Target >1mtpa 2 Processing Centers Agate Oxides 2022 Target 250ktpa & Georgetown Sulp
Slide 8: Georgetown Project – 'The Hub'
Georgetown Project – ‘The Hub’ Gold mine and regional processing hub For personal use only Strategic Fit Exploration potential Control over own gold production Extensive nearby packages of while enhancing exploration additional exploration and mining optionality leases Superior cashflows Toll proces
Slide 9: Gold production
For personal use only Gold production. Successful production ramping up and processing optimisation. Commencement of toll processing as well as significant upside potential for additional gold resources. 9
Slide 10: Georgetown – Production update
Georgetown – Production update. Gold Production from Sep 2022 Next Steps For personal use only Completion of Georgetown Gold Plant and tenement Critical maintenance and incremental capacity package acquisition increases steadily being implemented at plant Sherwood West ore is currently being mined a
Slide 11: Gold Production – Snapshot
Gold Production – Snapshot. First gold was poured 9 September 2022 Total gold Total silver Total Total Ore Processed refined & refined & sale For personal use only Recovery sold sold * proceeds Sept 4,700 tonnes Qtr 96.0% 586 Oz 220 Oz $1.6m @ 7.41 g/t Au 2022 Dec 33,700 tonnes Qtr 95.5% 4,149 Oz 2,
Slide 12: Gold Production
Gold Production. Production processing continues to ramp up….grade catching up For personal use only Quarterly Production 50,000 Grade - 5,000 Geotech /Sequence Mill 01 40,000 Motor 4,000 Wet Au ounces sold Tonnes Milled 30,000 Season 3,000 20,000 2,000 10,000 1,000 - - Sep 22 Qtr Dec 22 Qtr Mar 22
Slide 13: Agate Creek Gold Mine
Agate Creek Gold Mine Resource expansion underway for potential large-scale mining and processing For personal use only Further high-grade High-grade ore mining processing underway Mining operations continue to Ore is being transported to the perform well with a focus on Georgetown processing plant
Slide 14: 2022-2024 Multi Pit Operation
2022-2024 Multi Pit Operation. Mining ramping up across several shallow open pits For personal use only (For historical results, refer to ASX announcements of 19/12/17, 27/5/19, 26/11/19 and 30/7/20 for full drilling results) 14
Slide 15: Agate Creek Expansion
Agate Creek Expansion. Pit 6A For personal use only Sherwood West Sherwood Repeats Extensions to Sherwood Mineralisation Agate Creek on-site plant expansion pit shells 15
Slide 16: Mineralisation Style and Regional Setting
Mineralisation Style and Regional Setting. New geological model following expert multi-element study • The Kidston deposit (5Moz) 60km east, is described as mesozonal to epizonal Intrusion Related Gold System (IRGS), with hydrothermal breccias and vein networks related to rhyolite plugs and dykes, c
Slide 17: Resource Upside Potential
Resource Upside Potential. Agate Creek • Multi-element analysis => new target areas associated with IRGS • Sherwood repetitions; down dip & along strike extensions, open all directions For personal use only • Nottingham dyke swarm highly prospective • Rock chip data throughout 100% owned EPM’s - 1,5
Slide 18: Other Projects and Investments
Other Projects and Investments Ashford Coking Coal Project Clara Resources Australia For personal use only • Previously completed sale of 40% interest in Ashford Project to Clara • Savannah has a 14.8% shareholding in ASX listed Clara Resources Resources Australia (ASX:C7A), Savannah currently retai
Slide 19: Investment case
Investment case For personal use only • Gold production since Sep 2022 and cashflows with ongoing processing optimisation • Potential for ‘hub and spoke’ regional expansion strategy through resource expansion, acquisition and toll processing • Existing 590k oz JORC resource base with upside through
Slide 20: Equity Raising
Equity Raising For personal use only Accelerated non-renounceable entitlement offer of 2 new shares for each 5 shares held at $0.04 per share along with 1 Offer free attaching option for each 2 new shares subscribed to raise approximately $3.2m. Options Unlisted options exercisable at $0.06 each on
Slide 21: Timetable
Timetable. Trading Halt requested Wednesday 20 December 2023 For personal use only Announcement of Entitlement Offer Friday 22 December 2023 Lodgement of Prospectus with ASX and ASIC Institutional Entitlement Offer conducted Friday 22 December to Wednesday 27 December 2023 Announcement of results of
Slide 22: Risks
Risks. There are numerous widespread risks associated with investing in any form of business and with investing in the share market generally. There is also a range of specific risks associated with Savannah Goldfields’ business. The following summary, which is not exhaustive, represents some of the
Slide 23: Risks
Risks. • Human resources: The Company’s future success depends on its continuing ability to retain its key personnel and attract highly qualified personnel. Competition for such personnel can be intense and there can be no assurance that Savannah Goldfields will be able to attract and retain additio
Slide 24: Contact
Savannah Goldfields For personal use only @sav_goldfields Contact Brett Thompson, CEO admin@savannahgoldfields.com savannahgoldfields.com 24
Slide 25: Appendix
For personal use only Appendix
Slide 26: Agate Creek Mineral Resource
Agate Creek Mineral Resource* Table 1: Total recoverable Mineral Resource at 0.5 g/t gold cut-off grade Sherwood Sherwood South Sherwood West Total Classification Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Measured 0.015 4.88 2,400 - - - - - - - - - For personal use only Indicat
Slide 27: Georgetown Mineral Resource
Georgetown Mineral Resource* • Mineral Resources are Table 4:Georgetown Inferred Mineral Resource Estimates @ 1 g/t Au cut-off based on historic sampling data and block For personal use only Mineral Mass Au Ag Density Au model estimates that Tenement Resource kt g/t g/t t/m koz* provide reasonable r
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