Saturn Metals Ltd. · ASX:STN
Saturn Metals — Shareholder Meeting (November 2018)
19 slides from Saturn Metals's shareholder meeting presentation, Nov 27, 2018
Slide 1: A New Australian Gold Explorer in a Multi Million Ounce Gold Province
A New Australian Gold Explorer in a Multi Million Ounce Gold Province For personal use only ASX:STN Annual General Meeting 2018 Ian Bamborough Managing Director www.saturnmetals.com.au 27th November 2018
Slide 2: Apollo Hill Gold Project Overview
Apollo Hill 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 • 100% ownership of more than 1,000km² of contiguous ground • Upgraded Indicated
Slide 3: Value Proposition
Value Proposition 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 Rapid Development in the Last Six Months: • Saturn Metals Limited (Saturn) Listed on the ASX in March 2018, having raised $7M in an oversubscribed
Slide 4: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register For personal use only ASX:STN Substantial Shareholders Share Price Since Listing Peel Mining Limited (escrowed) 36% Hampton Hill Mining and Associates 11% Directors and Management 5% Washington H. Soul Pattison 1% Top 20 ~69% Corporate Metrics Cash (3
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 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently manag
Slide 6: Apollo Hill – Resource Upgrade (685koz)
Apollo Hill – Resource Upgrade (685koz) November 2018 Upgrade 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 R
Slide 7: Indicated Category
Indicated Category Indicated Category Shows Improvement in Grade For personal use only ASX:STN • A total of 3.3Mt @ 1.1g/t Au for 116koz is now classified as an Indicated Mineral Resource representing a conversion of 22% of the previous Inferred Mineral Resource • Grade appears to be drill density d
Slide 8: Higher-Grade Gold Lodes – Open to the North
Higher-Grade Gold Lodes – Open to the North Thick, higher grade, continuous lodes and shoots, extending to surface For personal use only ASX:STN could see an increase to the overall grade of the mineral inventory DRILLING OPEN • Recent Assays Illustrated • Open to the North • Focus and Structure Pro
Slide 9: Strong Cross Section Open to The South
Strong Cross Section Open to The South System strong and wide, open to the south – large mineralised system For personal use only ASX:STN continues DRILLING OPEN • Recent Assays Illustrated • Open to the South • Thick Shallow Intersections – 58m @ 1.06g/t Au at only 65m depth; AHRC0049 www.saturnmet
Slide 10: Large Scale Untested Resource Corridor
Large Scale Untested Resource Corridor Next phase drilling designed to rapidly test exploration capacity For personal use only ASX:STN • Anomalism over a 6km long large corridor ineffectively tested • 2,600m (18 holes) RC recently completed – November 2018 -Assays Pending View Looking West and Down
Slide 11: Step Out Drilling
Step Out Drilling Assays Pending For personal use only ASX:STN • Apollo Hill N & S • Ra Zone N & S 10m @ 2.98g/t Au from 92m within 28m @ 1.20g/t Au from 82m – AHRC0036 Assays Pending 58m @ 1.06g/t Au from 65m; AHRC0049 Assays Pending www.saturnmetals.com.au 11
Slide 12: Apollo Hill – Simple Metallurgy
Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction For personal use only ASX:STN characteristics for easily recoverable gold Data collected with GeoCore X10 CONVENTIONAL AND GRAVITY • More than 60% recovery by gravity separation alone Grey Green • Greater tha
Slide 13: Significant Regional Exploration Upside
Significant Regional Exploration Upside Large land holding of greenstone in a prolific For personal use only ASX:STN mineralised belt • 100% Owned - 1,000km² • World Class Geological Setting with multi million ounce gold deposits (Gwalia Mine, Carosue Dam, Porphyry) in close proximity • Ground encom
Slide 14: Covered Terrain & Minimal Drilling = Opportunity
Covered Terrain & Minimal Drilling = Opportunity Exciting Geophysics Beneath The Cover For personal use only ASX:STN ~85% Covered Terrain Previous Geochemistry largely ineffective Only ~5% of the ground effectively drill tested Heritage clearances completed Aircore and RC drilling planned from Febru
Slide 15: Bobs Bore
Bobs Bore Highly prospective regional targets For personal use only ASX:STN • Bobs Bore – 9m @ 10.9g/t Au near bottom of hole • Located 3.5km NE of Apollo-Ra deposits on the Keith Kilkenny Structure • Located directly on the gold prospective Keith Kilkenny Lineament • Sparse Drilling – only one sect
Slide 16: Yerilla Shear
Yerilla Shear Highly prospective regional targets For personal use only ASX:STN • 17m @ 6.04g/t Au from 86m; fence line RC intersection with only limited follow up work • 5km Long Trend of Significant Intersections on the Yerilla Shear and folded rocks • Historic production from the greater area ove
Slide 17: Hades – Artemis - Ares
Hades – Artemis - Ares Highly prospective regional target For personal use only ASX:STN • Geochemical Anomalies • Limited Drilling • Historic shafts and old workings noted • Target Extensions of the Apollo Shear in Folded Apollo Hill Rocks www.saturnmetals.com.au 17
Slide 18: Planned Exploration Schedule 2018-2019
Planned Exploration Schedule 2018-2019 Regular results flow For personal use only ASX:STN • Targeting ~16,000m of drilling in the next 6 - 9 months • Clear strategy to add shareholder value - 3 pronged approach will aim to: • Grow existing Apollo Hill resources base by targeting along strike potenti
Slide 19: 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