Saturn Metals Ltd. · ASX:STN
Saturn Metals — RIU Explorers Conference 2020
16 slides from Saturn Metals's conference presentation, Feb 20, 2020
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 – RIU Explorers Conference Fremantle Australia ASX:STN Ian Bamborough Managing Director www.saturnmetals.com.au 20 February 2020
Slide 2: Apollo Hill 'Greater' Gold Project Overview, Location and Tenure
Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure ASX:STN For personal use only • 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 781,000oz JORC Mineral Resource Indicat
Slide 3: Corporate Snapshot: Well Funded – Strong Register
Corporate Snapshot Well Funded – Strong Register ASX:STN Share Price Since Listing in March 2018 Substantial Shareholders For personal use only Peel Mining Limited (escrowed – March 2020) 27.3% Wythenshawe and Associates 8.8% Funds 8.4% Directors and Management 3.4% Top 20 65% Corporate Metrics Cash
Slide 4: Resource Upgrade (781koz Au) – Open for Expansion
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A Significant Increase For personal use only – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 24.5 Mt @ 1.0g/t Au for 781,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow
Slide 5: Higher Grade Hanging-wall Open for Expansion
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade Hanging-wall Open for Expansion For personal use only • Hanging-wall system still sparsely drilled; • Open Down plunge, along strike and to the east • Near surface improved grade makes for excellent drill targets The models
Slide 6: A 250% Increase in Indicated Category from 2018 Mineral Resource
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A 250% Increase – In Indicated Category from 2018 Mineral Resource For personal use only • Increased Confidence Better Drilled • Quality Indicated Portion of Apollo Hill • Ounces • 9.2Mt @ 1.0g/t Au for 298koz is now classified as an In
Slide 7: Recent Excellent Drill Results January and February 2020
Recent Excellent Drill Results January and February 2020 ASX:STN • Step out and Extensional Results Include: For personal use only 8m @ 12.9g/t Au from 126m within 14m @ 7.75g/t Au from 120m, and; 5m @ 8.03g/t Au from 111m – AHRC0330b. 12m @ 9.98g/t Au from 269m; 36m @ 1.32g/t Au from 183m including
Slide 8: Latest Drilling – Results Confirm Big Picture
Latest Drilling – Results Confirm Big Picture Step out holes test the bigger picture – assays confirm growing system down dip ASX:STN For personal use only Chemistry in Hanging-wall Dolerites is improving grade. 450m wide mineralised corridor. www.saturnmetals.com.au 8
Slide 9: Latest Drilling – Results Provide Critical Vectors
Latest Drilling – Results Provide Critical Vectors Animated slide during presentation Results Provide Critical Vectors Stacked High Grade Lodes Emerge in Repeatable Ladder Pattern – Results Open in All Directions ASX:STN For personal use only Repeatable Ladder Pattern - Open in all Directions Holes
Slide 10: Robust Repeatable High Grade Intersections
Robust Repeatable High Grade Intersections ASX:STN For personal use only • 12m @ 9.98g/t Au • 8m @ 12.9g/t Au from 269m from 126m (AHRC0312) (AHRC0330) www.saturnmetals.com.au 9
Slide 11: Widening Cross-section – Higher Grade Shoots
Apollo Hill - Shallow Hanging-wall Widening Cross-section – Higher Grade Shoots ASX:STN For personal use only • Continuity, Plunge, Repetition – Stacked Shoots • Widening Corridor – East of Last Model • Recent intersections not contained in the Resource include: 5m @ 5.19g/t Au from 44m – AHRC0269b
Slide 12: Southern Extension – Previously Undrilled and Under Drilled Targets
Apollo Hill – Southern Extension Previously Undrilled and Under Drilled Targets ASX:STN Little Drilling For personal use only South of Apollo Hill - The Ra Tefnut Gap Does Apollo Hill Mineralisation Jump the Ra Tefnut Gap? #2 - Apollo Hill Trough Inadequately Tested Southeast of N-S Fabric Zone 1,00
Slide 13: Metallurgical test work shows excellent gold extraction characteristics
Metallurgical test work has shown excellent gold extraction characteristics for easily recoverable gold Data collected with GeoCore X10 CONVENTIONAL AND GRAVITY ASX:STN • More than 60% recovery by gravity Grey Green For personal use only • Greater than 92% gold recovery conventional (at only 300 µm
Slide 14: Regional Potential Under Cover and Minimal Exploration
Regional Potential Under Cover and Minimal Exploration ASX:STN Opportunity along strike under cover – sparse drilling; more drilling planned For personal use only Saturn Metals Limited Tenements Drill holes Apollo Hill Resource Lake Cover www.saturnmetals.com.au 13
Slide 15: Growth: A simple, single pit with potential to encompass the Resource
Growth A simple, single pit with potential to encompass all the growing Resource ASX:STN For personal use only • Mineralisation from surface 1.7km • Expanding width 450m Wide Mineralised Corridor • Single Large Deposit – Simple Planned for Jan-March 2020 – 14,000m RC Drilling Open • 10,000m Down Dip
Slide 16: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements 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 are reliable, no respons