Saturn Metals Ltd. · ASX:STN
Saturn Metals — Diggers and Dealers 2019
20 slides from Saturn Metals's conference presentation, Aug 6, 2019
Slide 1: Next Generation Gold Company in a Multi Million Ounce Province
Next Generation Gold Company in a Multi Million Ounce Province For personal use only Investor Presentation – Diggers and Dealers August 2019 ASX:STN Ian Bamborough www.saturnmetals.com.au Pictured – Apollo Hill Deposit - ‘Wagons circle a higher grade Intercept’ 31 July 2019 – view looking south west
Slide 2: Apollo Hill 'Greater' Gold Project Overview
Apollo Hill ‘Greater’ Gold Project Overview For personal use only ASX:STN • Excellent location 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 685,000oz Mineral Resource Indicated and
Slide 3: Value Proposition - Growth
Value Proposition - Growth Apollo Hill has the potential to be a multi-million ounce gold project in a For personal use only ASX:STN tier one mining jurisdiction March to November 2018 – less than 9 months from IPO - Saturn Metals: Delivered a 36% upgrade to the Apollo Hill Indicated and Inferred
Slide 4: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register For personal use only ASX:STN Share Price Since Listing Substantial Shareholders Peel Mining Limited (escrowed) 31.5% Hampton Hill Mining and Associates ~9.5% Directors and Management 3.4% Top 20 ~69% Corporate Metrics Cash (30 June 2019) $2.75M Share
Slide 5: Experienced Board
Experienced Board For personal use only ASX:STN IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) Managing Director Mr Bamborough is a geologist with over 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently
Slide 6: Apollo Hill – Resource Upgrade (685koz)
Apollo Hill – Resource Upgrade (685koz) November 2018 For personal use only ASX:STN A 36% Increase – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t Au for 685,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow RLs 1 • E
Slide 7: Indicated Category Shows Improvement in Grade
Indicated Category For personal use only ASX:STN Shows Improvement in Grade • A total of 3.3Mt @ 1.1g/t Au for 116koz classified as an Indicated Mineral Resource representing a conversion of 22% of the previous Inferred Mineral Resource • Grade appears to be drill density dependent due to nuggety go
Slide 8: Hanging-wall Discovery
Hanging-wall Discovery Intersections indicate the potential for a new large parallel gold system immediately For personal use only ASX:STN adjacent to the Apollo Hill Resource • Near surface, thick and high-grade hanging-wall intersections include: • 10m @ 5.78g/t Au from 46m inc. 5m @ 11g/t Au – AH
Slide 9: Apollo Hill - Hanging-wall
Apollo Hill - Hanging-wall Potential to Replicate Apollo Hill Mineralised Pattern For personal use only ASX:STN • Cross section illustrates new AHRC0208 intersection next to mineralisation and drilling on the main Apollo Hill Lode for important context: 16m @ 3.1g/t Au from 11m – inc. 12m @ 4.01g/t
Slide 10: Improving the overall viability of the deposit
Improving the overall viability of the deposit Hanging-wall intersections are improving the ratio of mineralised material to non- For personal use only ASX:STN mineralised material immediately around the current Resource envelope1. • Potential to include known mineralisation beneath the current Reso
Slide 11: Resource Expansion Drilling – Main Lode
Resource Expansion Drilling – Main Lode For personal use only ASX:STN New Results Unlock Higher Grade Architecture within the Apollo Hill System • Intersections continue to define continuous higher grade (+2g/t Au) lodes in the main Apollo Hill Resource envelope. • Multiple, wide, higher grade resou
Slide 12: Resource Expansion Drilling – Main Lode
Resource Expansion Drilling – Main Lode For personal use only ASX:STN New Results Extend and Grow System - test corridor to grow Inventory from the Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t Au for 685,000oz 1 • 2019 Results have extend Resource corridor f
Slide 13: Expanding Vision
Expanding Vision Composite section provides clues to discovery potential August 2019 For personal use only • 0.5km wide and growing ASX:STN • Link Structures and Parallel Lodes Interpreted • Gold System of Substantial Scale www.saturnmetals.com.au
Slide 14: Apollo Hill – Simple Metallurgy
Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction Data collected with GeoCore X10 For personal use only ASX:STN characteristics for easily recoverable gold Grey Green CONVENTIONAL AND GRAVITY Gold Grains Basalt • More than 60% recovery by gravity • Greater t
Slide 15: Significant Regional Exploration Upside
Significant Regional Exploration Upside First pass AC Results Highlight Exciting Areas For personal use only ASX:STN • 100% owned - 1,000km² • World class geological setting with multi million ounce gold deposits (Gwalia Mine, Carosue Dam, Porphyry) in close proximity. • Ground encompasses much of t
Slide 16: Bob's Bore
Bob’s Bore For personal use only ASX:STN Expanding the Apollo Hill Camp Best Regional AC Results • 400m wide anomalous zone. • (~0.1- 0.7g/t Au) bottom of hole. • Across the gold prospective Keith Kilkenny shear zone. • Only 3.5km east of Apollo Hill. • Intersections 500m south of Bob’s Bore, where
Slide 17: Atlanta
Atlanta Syenite Targets – Atlanta South Area For personal use only ASX:STN • Along strike of McAuliffe well 400kt @ 2g/t historic Au Inventory • Similar geology to Dacian’s Cameron Well • Multiple interpreted syenites • High grade historic geochemical results (937ppb) * • Competitive land position (
Slide 18: Planned Exploration Schedule 2019
Planned Exploration Schedule 2019 Regular results flow For personal use only ASX:STN • Clear strategy to add shareholder value - 3 pronged approach will aim to target: • 5,000m of RC drilling at Apollo Hill in the coming months. • A Resource Upgrade using the results of Planned Activity August Septe
Slide 19: Growth
Growth Expanding Footprint For personal use only ASX:STN • 2019 Drill pads 300m Hanging-wall Step-out • More drilling planned • Expanding width • Mineralisation from surface www.saturnmetals.com.au
Slide 20: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements For personal use only 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 ar