Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Investor Presentation (April 2023)
20 slides from Santana Minerals's investor presentation, Apr 26, 2023
Slide 1: Bendigo-Ophir Project, New Zealand
For personal use only Bendigo-Ophir Project New Zealand A rapidly growing multi-million ounce gold resource in the Central Otago goldfields April 2023
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer Previous Disclosure - 2012 JORC Code All information contained in this presentation is of a general nature. Potential investors are cautioned The information in this report that relates to Mineral Resources or Ore Reserves is based on information provided
Slide 3: Our Vision
For personal use only OUR VISION Our vision is to develop the Bendigo-Ophir project into a world class, long life, environmentally sustainable mining project that will bring generational employment and prosperity to the Bendigo Region. Bendigo-Ophir Project 3
Slide 4: Executive Summary Highlights
Executive Summary Highlights For personal use only 292km2 land package Ongoing exploration Project development Experienced Board and located on mainly success is rapidly studies underway with the Management team with a freehold land within the adding gold ounces and objective of establishing a track
Slide 5: Bendigo-Ophir Gold Project, Central Otago
Bendigo-Ophir Gold Project, Central Otago 90km NW of OceanaGold’s Macraes Gold Mine ❖ Multiple prospects over 30km along the Rise and Shine sheer Zone (RSSZ) For personal use only ❖ 1862 – Alluvial gold discovered in Bendigo, ❖ 1865 – 1895 Bendigo Reefs produced 180,000 Central Otago oz grading 1-6o
Slide 6: Rise and Shine Shear Zone
Rise and Shine Shear Zone Outstanding exploration potential Bendigo-Ophir Project - Current Mineral Resources For personal use only Four Rise and Shine Shear Zone (RSSZ) deposits: CIT RAS Come In Time Rise and Shine SHR SRE RSSZ mineralisation concentrated in Shreks Shreks-East multiple northward pl
Slide 7: Updated Mineral Resource Estimate (MRE) February 2023
Updated Minerals Resource Estimate (MRE) February 2023 For personal use only 1M oz 2.91M oz 2.66M oz 300% A$3.50/oz Added in 6 months since Total global resource Current RAS resource Increase in gold grades Approximate cost per July 2022 MRE upgrade across all 4 RSSZ including maiden since project a
Slide 8: RAS: The Jewel in the Crown…so far
RAS The Jewel in the Crown…so far Rise & Shine (RAS) Deposit 2023 MRE & Drill hole Gold Mu (g*m) For personal use only ❖ The Rise and Shine (RAS) ❖ RAS is dominated by two deposit is a 450m wide, mineralized domains averaging mineralised zone extending 14m and 11m each. A further 4 down plunge 1,700
Slide 9: RAS Deposit 3D Section with Six Mineralised Domains
RAS Deposit 3D Section with Six Mineralised Domains For personal use only Orebody geometry and grade distribution points to early access to high grade ore. 200m Highest oz/vertical metre located within 200m of surface. 250m All +5koz/vertical metre within 250m from surface. Looking Eastwards 9
Slide 10: RAS Deposit: Amenable to Open Pit Mining
RAS Deposit Amenable to open pit mining with 10:1 to 14:1 vertical strip ratio For personal use only Elevation (mRL) 0 5,000 10,000 15,000 Ounces per vertical metre OPEN Looking Eastwards 10
Slide 11: RAS Deposit (View South)
RAS DEPOSIT (View South)
Slide 12: Come In Time (CIT)
Come In Time (CIT) Come-In-Time (CIT) Resource Extension Drilling Gold Metal Units (MU) Potential for further extension CIT is a located 1.4km NW Overlying barren waste For personal use only ❖ ❖ of RAS and is a 400m rock (TZ3 schist) extends wide, mineralised zone to 120 metres vertical extending do
Slide 13: Shreks (SHR) and Shreks East (SRE)
Shreks (SHR) and Shreks East (SRE) Potential for further extension Shreks (SHR) & Shreks East (SRE) 2021 Gold Resource & Extension Potential ❖ SHR is located 1.5km SE ❖ SRE is located 0.4km E of For personal use only of RAS in a 750m wide, SHR first identified in 2019 mineralised zone that as faulte
Slide 14: Permitting in NZ – a clear pathway exists
Permitting in NZ – a clear pathway exists Three pillars to commence mining For personal use only Resource Consenting Mineral Access Land Access (Environmental Approval) Principal Act CMA 1991 CMA 1991, OIA 2005 RMA 1991 1 Authority NZ Petroleum and Minerals Private freehold Central Otago District Co
Slide 15: Recent Mine Permitting in NZ
Recent Mine Permitting in NZ Permitting precedents For personal use only OceanaGold Corporation (TSX-OGC) Macraes: ❖ Golden Point underground OGC’s Waihi Gold mine project 2020 Permitting is eminently BRL’s Waipuna West achievable in NZ. ❖ Deepdell North stage three open pit 2020 ❖ Frasers West open
Slide 16: Metallurgy
Metallurgy Amenable to Gravity + CIP For personal use only • RAS is 100% fresh, unoxidized schist rock • Standard gravity-cyanide leach testwork undertaken by ALS on multiple composite samples, overseen by KCAA • Indicative metallurgy shows free milling gold recoverable by gravity followed by cyanid
Slide 17: The Year Ahead
The Year Ahead Numerous catalysts to drive shareholder value For personal use only Ongoing Drilling Resource upgrades Project Development Consenting ❖ 36,000m program for 2023 ❖ Revised MRE by mid-2023 ❖ Engineering / consultant groups ❖ Baseline environment studies including increased Indicated und
Slide 18: Board and Management
Board and Management Norman Seckold Richard Keevers Kim Bunting For personal use only Chairman Executive Director Non-Executive Director Mr Seckold has spent more than 40 years in the Mr Keevers is an experienced geologist having Mr Bunting is a geologist with ovr 48 years of full-time management of
Slide 19: Corporate Snapshot
Corporate Snapshot Share price performance (November 2020 – April 2023) 1.20 3.5 Santana Minerals Limited, ASX:SMI 24 April 2023 For personal use only Market capitalisation on Project acquisition: $22.8M Share Price $0.72 Equity raised since acquisition: $13.4M Current Market capitalisation: $107.0M
Slide 20: For personal use only
For personal use only ASX:SMI Damian Spring General Manager New Zealand dspring@santanaminerals.com +64 21 333943 Cameron Peacock Investor Relations & Business Development cpeacock@santanaminerals.com +61 439 908 732 santanaminerals.com
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