Slide 1: Investor presentation
Investor presentation November 2017 Start of winter drill campaign Bjurtraskgruvan, Sweden 13th November 2017
Slide 2: Competent person and forward looking statement
Competent person and forward looking statement This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This pr
Slide 3: Corporate objectives and credentials
Corporate objectives and credentials S2 Resources' objective is to provide superior investment returns through the discovery and, if appropriate, the development of high value mineral resources, as a result of: • Exploration, and • Identification of early stage assets with high growth potential S2 R
Slide 4: Positioning for success
Positioning for success First drilling at first of three Carlin‐style Nevada gold projects • Initial RC drilling program completed at Pluto, NV ‐ assays expected in December Winter drilling program underway on VMS and gold targets in Skellefte Belt of Sweden • Started drilling down plunge of mineral
Slide 5: Projects
Projects Central Lapland Greenstone Belt (gold) Ecru (Carlin‐style gold) Skellefte (polymetallic VMS) Pluto (Carlin‐ style gold) South Roberts (Carlin‐style gold) Polar Bear (gold & nickel) 4
Slide 6: Nevada, USA
Nevada, USA Nevada is 4th in the Fraser Institute’s 2016 worldwide ranking of mining jurisdictions 5
Slide 7: Why Nevada?
Why Nevada? Nevada is the 5th largest gold producer in the world, and hosts “monster” Carlin‐style gold deposits High grade (suitable for underground mining) and low grade bulk tonnage (suitable for open pit mining and heap leaching): Deposit Total Mineral Resources* Total Ore Reserves* Total Invent
Slide 8: Nevada: three earn-ins, one partner
Nevada: three earn‐ins, one partner A single deal with TSXV listed Renaissance Gold to earn in to 3 separate properties on identical terms Renaissance Gold is a “prospect generator” company managed by the personnel behind the discovery of the Long Canyon deposit, ultimately bought by Newmont for US$
Slide 9: Pluto, Nevada: concept
Pluto, Nevada: concept NPLC0001 drill pad Area of exposed Havallah Formation The conceptual target zone is a limestone sequence that is a favourable host for Carlin‐style gold mineralization (Antler sequence), which may (or may not) occur at depth beneath the outcropping Havallah Formation Transport
Slide 10: Pluto, Nevada: process
Pluto, Nevada: process Mapping completed, four holes drilled, New jasperoids identified assays expected by mid‐December Outcropping Au‐Ag mineralization Cross section (next slide) Limestones identified 9
Slide 11: Pluto, Nevada: outcomes so far
Pluto, Nevada: outcomes so far Four holes were drilled with the aim of determining if prospective Antler sequence limestones are present at depth beneath the Havallah Formation and/or identifying mineralization in Havallah Formation itself Drilling has defined: • a thick sequence of Havallah Formati
Slide 12: Skellefte district, Sweden
Skellefte district, Sweden Sweden is 8th in the Fraser Institute’s 2016 worldwide ranking of mining jurisdictions 11
Slide 13: Skellefte district: endowment and opportunity
Skellefte district: endowment and opportunity The Skellefte belt has proven endowment of large polymetallic VMS deposits, plus high prospectivity for gold, plus existing (and hungry) processing infrastructure/capacity 80 out of 82 known VMS deposits/mines were outcropping – only 2 were blind ‐ there
Slide 14: Skellefte, Sweden: a world class VMS camp
Skellefte, Sweden: a world class VMS camp A world class gold‐base metal VMS camp with major mines (Boliden, Renstrom, Kristineberg), hungry concentrator, smelter, port, infrastructure S2 is the major land holder alongside Boliden 13
Slide 15: Skellefte, Sweden: Bjurtraskgruvan
Skellefte, Sweden: Bjurtraskgruvan S2’s winter drill season is underway ‐ the first prospect to be drilled is Bjurtraskgruvan The target is a large FLEM conductor extending 450m down plunge from S2’s previous deepest (and thickest) drill intercept of 24.4m @ 1.11% Cu The aim is to determine if the k
Slide 16: Skellefte, Sweden: Holmtjarn
Skellefte, Sweden: Holmtjarn IP chargeability domain boundary coincident with magnetic break and base of till (BoT) geochemical anomaly. Planned drilling will test the overall corridor, which is open along strike to the southeast Rhyolite breccia with hydrothermal sulphides 15
Slide 17: Skellefte, Sweden: Nasvattnet
Skellefte, Sweden: Nasvattnet Two clusters of glacially transported Zn‐Cu‐Pb‐Ag mineralized boulders Extensive glacial cover – no outcrop, and very restricted previous drilling Ice flow direction from NW to SE – source of boulders likely to be to NW of boulders Induced polarisation (IP) geophysics a
Slide 18: Skellefte, Sweden: Onusberget
Skellefte, Sweden: Onusberget 1km long gold anomaly defined in ionic leach geochemical survey and outcropping gold mineralization located a further 1km along strike Associated with significant shear zone which also contains recently announced drill intercepts to the SE at Norrliden Sodra on MRG’s gr
Slide 19: Central Lapland Greenstone belt, Finland
Central Lapland Greenstone belt, Finland Finland is 5th in the Fraser Institute’s 2016 worldwide ranking of mining jurisdictions 18
Slide 20: Central Lapland Greenstone belt: endowment
Central Lapland Greenstone belt: endowment Gold potential: all well explored (mature) gold belts show a Magmatic copper‐nickel‐PGM potential: Kevitsa mine (Boliden) similar number and size distribution of gold deposits and now the giant Sakatti discovery (Anglo American): Abitibi: 39 deposits, 83.6m
Slide 21: Central Lapland Greenstone Belt: data
Central Lapland Greenstone Belt: data The Finnish Geological Survey (GTK) has compiled excellent datasets for exploration: 50 kilometres Regional scale magnetics (left hand side) Regional scale gravity (centre) Till geochemistry (right hand side) 50 kilometres A good basis for area selection and map
Slide 22: Central Lapland Greenstone Belt: Home
Central Lapland Greenstone Belt: Home 8 kilometres S2’s “Home” ELA is located over the western end of the Sirkka shear zone Main image shows the 99th percentile of gold anomalies in the GTK’s (Finnish Geological Survey’s) national till sampling database The Home anomaly is one of the strongest gold
Slide 23: Central Lapland Greenstone Belt: Paana
Central Lapland Greenstone Belt: Paana 8 kilometres 5 kilometres S2’s “Paana” ELA straddles 9km strike length of the north‐south trending Hanhimaa and Muusa shear zones and associated structures, where there is a distinct kink – possibly representing a favourable dilational zone or sedimentary basin
Slide 24: Central Lapland Greenstone Belt: Cu-Ni-PGE potential
Central Lapland Greenstone Belt: Cu‐Ni‐PGE potential The Central Lapland Greenstone belt is highly prospective for magmatic copper‐nickel‐PGM mineralization, as evidenced by Boliden’s Kevitsa mine and Anglo American’s Sakatti deposit, located further to the east in the same belt S2’s “Ruopas” ELA co
Slide 25: The plan
The plan Oct 2017 June 2018 Cash* Estimated A$8M spend in FY1718 Est. cash* A$22.2M A$14M Audio‐ Geochem, Drilling: magneto‐ Drilling: South Nevada CSAMT: South Pluto tellurics: Roberts, Ecru Roberts Ecru Geochem, IP, Drilling: Bjurtraskgruvan, Sweden Follow up, prioritization Holmtjarn, Nasvattnet
Slide 26: Appendices
Appendices cer S2 Resources www.s2resources.com.au 25
Slide 27: Money
Money Our aim is to ensure we maintain the financial capacity to explore aggressively with minimal need for additional equity funding, to preserve our capital structure for the benefit of our shareholders in the event of success We are well positioned to achieve this, with a strong balance sheet, co
Slide 28: People: board of directors
People: board of directors Our board has a highly successful track record and a wide range range of skill sets, spanning exploration, finance, feasibility studies, M&A, mine development, markets, governance, audit and legal Jeff Dowling ‐ Non‐executive Chairman • 40 year career in financial sector a
Slide 29: People: management
People: management Tony Walsh – Acting Company Secretary (during Anna Neuling’s parental leave) • ASX manager for 14 years, including liaison between ASX and JORC commitee • Former chairman & director, and current company secretary of various listed companies (Atlas Iron, IGO, Battery Minerals, Lege