Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (August 2019)
22 slides from Saturn Metals's investor presentation, Aug 26, 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 –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 Managing Director 21
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
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: Resource Expansion Drilling – Main Lode
Resource Expansion Drilling – Main Lode For personal use only New Results Unlock Higher Grade Architecture within the Apollo Hill Main Lode & Wider System ASX:STN • Intersections continue to define continuous higher grade (+2g/t Au) lodes in the main Apollo Hill Resource envelope. • Multiple, wide,
Slide 9: Resource Expansion Drilling – Main Lode
Resource Expansion Drilling – Main Lode For personal use only ASX:STN New Results Extend and Grow System - longer corridor grows 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 10: Apollo Hill - Hanging-wall
Apollo Hill - Hanging-wall Potential to Replicate the Apollo Hill Main Lode For personal use only ASX:STN • New higher grade mineralisation immediately adjacent and parallel to Apollo Hill. • Near surface, thick and high-grade hanging-wall intersections include: • 10m @ 5.78g/t Au from 46m inc. 5m @
Slide 11: Resource Expansion Hanging-wall
Resource Expansion Hanging-wall Shallow Higher Grade Mineralisation For personal use only ASX:STN • Cross section illustrates new AHRC0208 intersection next to mineralisation and drilling on the main Apollo Hill Lode • Higher Grade Plunging Shoots 16m @ 3.1g/t Au from 11m – inc. 12m @ 4.01g/t Au fro
Slide 12: Apollo Hill - Hanging-wall Long-sections
Apollo Hill - Hanging-wall Long-sections – Higher Grade Shoots For personal use only ASX:STN • Continuity • Plunge • Repetition • Extending outside existing Resource1 • Recent intersections include: 17m @ 2.96g/t Au from 41m - including: 10m @ 4.82g/t Au from 45m, which also includes; 4m @ 9.31g/t A
Slide 13: 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 14: Expanding Vision – May 2019
Expanding Vision – May 2019 Composite section provides clues to discovery potential For personal use only • 1.5km wide anomalism and growing ASX:STN • Link structures and parallel lodes interpreted • Gold system of substantial scale www.saturnmetals.com.au 15
Slide 15: Expanding Vision – August 2019
Expanding Vision – August 2019 A Composite section provides clues to discovery potential For personal use only • 0.5km wide and growing ASX:STN • Link Structures and Parallel Lodes Interpreted • Gold System of Substantial Scale Hanging-wall Mineralisation www.saturnmetals.com.au 16
Slide 16: 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 17: 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 18: 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 19: 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 20: 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 planned in September – Hanging-walls. • A Resource Upgrade using the results of 20,000m of drillin
Slide 21: Growth - Expanding Footprint
Growth Expanding Footprint For personal use only ASX:STN • 2019 Drill pads 1.7km • More drilling planned • Expanding width 300m Hanging-wall Step-out • Mineralisation from Open surface www.saturnmetals.com.au Open 21
Slide 22: 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