Slide 1: Drilling in the World-Class Lachlan Fold Belt
For personal use only DRILLING IN THE WORLD-CLASS LACHLAN FOLD BELT INVESTOR PRESENTATION – DECEMBER 2020 (ASX:SLZ)
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Sultan Resources Limited (Sultan). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Sultan has no reason to b
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only HIGHLY PROSPECTIVE IMMEDIATE DRILLING POISED FOR TRANSFORMATIONAL GROUD DISCOVERY Large ~330km2 strategic ground ► Tucklan: Likely Epithermal gold ► Tucklan Drilling: Nov/Dec 2020 holding within world class and highly mineralization at surface active Lachl
Slide 4: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE DIRECTORS & MANAGEMENT For personal use only 69.5m 16.7m JEREMY KING STEVE GROVES DAVID LEES SHARES ON MARKET CAP Non-executive Chairman Managing Director Non-executive Director ISSUE (M) (at $0.235) Access to incentivised, local technical team with combined 60+
Slide 5: Projects – World Class Locations
PROJECTS – WORLD CLASS LOCATIONS For personal use only Focused on its highly prospective Lachlan Fold Belt Projects with strong indications of Cu and Au mineralisation and Lake Grace project which forms part of interpreted mobile zone that hosts the recent Julimar Ni-Cu-PGE discovery 5
Slide 6: East Lachlan Fold Belt – Excellent Address
EAST LACHLAN FOLD BELT For personal use only EXCELLENT ADDRESS Tucklan Ringaroo ▪ Sultan holds key strategic land holding in the East Lachlan Gold – Copper Province of NSW ▪ World Class Macquarie Arc gold-copper porphyry terrain host to Major gold and gold-copper mining operations: ▶ Newcrest’s Cadi
Slide 7: Tucklan – EL8734 Drilling Late November 2020
TUCKLAN – EL8734 For personal use only DRILLING LATE NOVEMBER 2020 Strong correlation evident at Tucklan has elevated the prospect to a high-priority target with drilling to commence December Staged programme of up to 12 RC holes with possible diamond tails 3.5 x 2.5km magnetic high coincident with:
Slide 8: Tucklan – EL8734 Exceptional IP Results
TUCKLAN – EL8734 For personal use only EXCEPTIONAL IP RESULTS High potential to host significant porphyry-style Au-Cu and/or epithermal gold mineralisation ► High order, 1.6km x 600m IP chargeability anomaly defined beneath Au and Cu soil anomalies, outcropping gold mineralisation & undrilled histor
Slide 9: Big Hill – EL8735 High Quality Targets
BIG HILL – EL8735 For personal use only 3 HIGH QUALITY TARGETS: DRILLING SCHEDULED FOR LATE Q1 2021 BIG HILL ► Alkalic porphyry Au-Cu target similar to: ► Giant Cadia-Ridgeway porphyry Au-Cu mine 50km to the south and, ► The Boda porphyry discovery approximately 50kms to the north. RAZORBACK RIDGE a
Slide 10: Big Hill – Porphyry Copper Gold, Boda-Style Target
BIG HILL – EL8735 For personal use only PORPHYRY COPPER GOLD – BODA-STYLE TARGET Big Hill ► High grade rock chips up to 2.50% Cu ► Heli-magnetic data defines a prominent large- scale magnetic body beneath surface Au-Cu geochemical anomalies ► Magnetic body interpreted as an underlying intrusive comp
Slide 11: Big Hill – Cadia-Skarn-Style Targets
BIG HILL – EL8735 For personal use only CADIA-SKARN-STYLE TARGETS Razorback Ridge ► 3km x 1km magnetic high coincident with: ► Large-scale Au-Cu soil anomaly ► High grade surface outcrop ► Geochemistry indicates a fertile system having Cadia and Northparkes exploration signatures ► Rock chip sample
Slide 12: Ongoing Ground Work at Ringaroo
ON GOING GROUND WORK AT RINGAROO For personal use only AN EMERGING PORPHYRY TARGET Ongoing exploration program designed to identify drill targets with high potential to host porphyry-style-Au-Cu mineralisation ► Very strong, 650m long I.P. chargeability anomaly associated with previously defined Au
Slide 13: Lake Grace: Surrounded by Majors
LAKE GRACE: SURROUNDED BY MAJORS For personal use only Sultan’s Lake Grace project forms part of interpreted mobile zone that hosts the recent Julimar Ni-Cu-PGE discovery. ► Hosts ultramafic rocks with evidence of nickel and cobalt bearing sulphides in historic drilling ► Strong geophysical evidence
Slide 14: Timeline of Immediate Activity
TIMELINE OF IMMEDIATE ACTIVITY For personal use only Review and interpretation of all geochemical and Maiden drill Maiden drilling at geophysical results programme at Big Hill and complete Tucklan Razorback Ridge OCTOBER NOW NOV - DEC JANUARY FEB - MAR Drill permits lodged Initial assay Drill plan f
Slide 15: Investment Proposition
INVESTMENT PROPOSITION For personal use only Tight capital structure with $3.8m cash at bank ► PEER COMPARISON ► Extensive groundwork at Lachlan fold belt indicates $70 potential for high-grade gold and copper porphyry $57.9 and epithermal gold deposits Market Capitalisation (A$ millions) $60 ► Dril
Slide 16: For personal use only
For personal use only Suite 2, 1 Altona Street West Perth, Western Australia 6005 For more information contact E info@sultanresources.com.au W sultanresources.com.au