S2 Resources Ltd. · ASX:S2R
S2 Resources — Conference Presentation (November 2021)
30 slides from S2 Resources's conference presentation, November 2021
Slide 1: Drilling for Company Making Discoveries
DRILLING FOR COMPANY MAKING DISCOVERIES November 2021 1
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: Fundamentals for Mineral Discovery
Fundamentals for Mineral Discovery THREE FUNDAMENTAL INGREDIENTS FOR DISCOVERY BEST PEOPLE, PROSPECTIVE TENURE & WELL FUNDED S2 team has made multiple economic discoveries: • Same team that discovered Nova-Bollinger deposit and took it through to construction (before A$1.3B Sirius Resources takeover
Slide 4: Targeting “Company Making” Discoveries
Targeting “Company Making” Discoveries STRONG SET OF PRINCIPLES DRIVING DISCOVERIES IN TIER 1 JURISDICTIONS Targeting “Company Making” greenfield discoveries • Targeting material discoveries that will propel S2 to a mid-cap or major resource company • Courage to explore in frontier provinces where p
Slide 5: A Team With a Track Record
A Team With a Track Record Mark Bennett – Executive Chairman • Founding Managing Director and CEO of Sirius Resources and S2 Resources • PhD qualified geologist with 30 years experience with WMC, LionOre, Sirius and S2 • Two-time winner of the “Prospector of the Year” award – for discovery of Thunde
Slide 6: Corporate Snapshot
Corporate Snapshot Current Shareholders Mr Mark G Creasy, 18.9% Other, 50.1% Jupiter Asset Mgt, 14.7% Paradice Investment, 7.5% Board / Other Management, Instututional, 2% 6.7% Well funded Cash1 A$9.9m Investments2 A$5.5m Debt Nil Favourable capital structure Shares on issue 356.4m Notes Options oni
Slide 7: Exploring in Tier 1 Jurisdictions
Exploring in Tier 1 Jurisdictions Finland Australia 7
Slide 8: Quality Project Portfolio
Quality Project Portfolio Central Lapland Greenstone Belt, Finland (100%): • Strategic tenement holder in an under-explored district with known Tier 1 gold and Ni-Cu-PGE deposits • Gold prospects (eg, Aarnivalkea) and numerous Ni-Cu-PGE targets, including drill-ready EM conductor at Ruopas • Farm-in
Slide 9: Fosterville Block 4 – Most Sought After Block in Australia
Fosterville Block 4 – Most Sought After Block in Australia Block 4 Exploration Licence application surrounds the world class +7.5Moz Fosterville Gold Mine • S2 awarded the best of four Blocks in a highly contested Government tender based on the company’s: • Exploration credentials • High ESG focus •
Slide 10: Fosterville Block 4 – Walk Up Targets
Fosterville Block 4 – Walk Up Targets Walk up targets and prospects defined by previous explorers, but either undrilled or only shallow drilled • Including Goornong South prospect with a historic non-JORC 2012 Resource • S2 spending A$10.4m over 5 years, with modest ~A$2m commitments in the first 2
Slide 11: Goornong South Target
Goornong South Target Goornong South located 4km north of the Fosterville Mining Licence • Goornong sits on parallel structure to Robbin’s Hill / Curie Zone • Best historic intercept of 3.1m @ 5.0 g/t Au from 84.2m in GSDD090 • Plunge extents yet to be thoroughly tested Goornong South Prospect Robbi
Slide 12: Central Lapland Greenstone Belt (CLGB) Finland (100%)
Central Lapland Greenstone Belt (CLGB) Finland (100%) Strategic ~532km2 landholding in the CLGB • Early mover advantage • Exploration Licences over key regional structurs CLGB is home to world class gold and base metal projects including: • ~7.4Moz Kittilä gold mine • 298Mt Kevitsa Ni-Cu-precious me
Slide 13: Finland CLGB Proving its Gold Potential
Finland CLGB Proving its Gold Potential Zimbabwe Craton • Mature gold districts show a pattern of deposit scale distribution 55 deposits • The CLGB distribution is skewed – lacking 1Moz to 5Moz deposits 37Moz • What is driving this anomaly? o Immature exploration – first gold only discovered in 1984
Slide 14: Aarnivalkea: On the Cusp of a Significant Virgin Discovery
Aarnivalkea: On the Cusp of a Significant Virgin Discovery Aarnivalkea has potential to be a sizable, structurally hosted lode gold system • The system has scale: 1.3km shallow gold anomaly from scout diamond drilling • Propensity for high-grade intercepts, including: o 6.8m @ 11.8g/t gold from 223.
Slide 15: Aarnivalkea: Mineralisation Wide Open
Aarnivalkea: Mineralisation Wide Open Aarnivalkea still in the very early stages of discovery • Only 11 holes drilled below 110m depth • Deeper scout holes drilled on 100 to >200m spacing over a 1.3km strike • Open at depth and along strike • No drilling north or south along the mineralised structur
Slide 16: Finland – Collaborating with Quality Partners
Finland – Collaborating with Quality Partners Two farm-in agreements with quality partners on gold tenure : 1) Kinross earning in up to 70% on 83km2: • Spend up to US$9.5m (A$12.6m) over 6 years on Home or Palvanen/Mesi blocks • First right of refusal on Paana licences incorporating Aarni’ prospect
Slide 17: Australian Projects – Strategic large-scale landholdings
Australian Projects – Strategic large-scale landholdings Quality portfolio of gold and base metal projects in Western Australia and New South Wales • Fosterville Block 4 gold project, 394m2, Bendigo Vic • Jillewarra gold & Cu-Zn farm-in, 793km2, Murchison WA (earning70%) • West Murchison Ni-Cu-PGE p
Slide 18: Jillewarra Gold & Base Metals Project (earning 70%)
Jillewarra Gold & Base Metals Project (earning 70%) Farm-in with private vendor on an area covering 793km2 and 50km of prospective greenstone strike Underexplored belt with little drilling below 70m depth 50km west of Meekatharra in the Murchison Goldfields of WA Highly endowed gold region, includin
Slide 19: Jillewarra: Over 30 Targets Identified
Jillewarra: Over 30 Targets Identified Numerous historic gold working Prospective for gold and VMS style base metals Limited exploration under shallow cover Over 30 targets already identified by the S2 team RC, aircore and diamond drilling ongoing 19
Slide 20: Koonenberry: Belt Scale Ni-Cu-PGE Potential
Koonenberry: Belt Scale Ni-Cu-PGE Potential Koonenberry is a belt scale project covering 2,712km2 Prospective for magmatic style Ni-Cu-PGE mineralisation A frontier region with little base metal exploration since Vale-Inco departed Australia in 2010 Cratonic margin setting similar to the Fraser Rang
Slide 21: Koonenberry: Analogous Setting to Well Known Ni Regions
Koonenberry: Analogous Setting to Well Known Ni Regions • Analogous geological setting to the Australian Fraser Range where the S2 team (as Sirius Resources) discovered Nova-Bollinger • Also analogous to the Canadian Circum-Superior Belt which hosts the giant Raglan and Thompson Ni-Cu camps • Rocks
Slide 22: Western Yilgarn - A New Ni-Cu-PGE Frontier in the West
Western Yilgarn - A New Ni-Cu-PGE Frontier in the West Exposure to several prospective areas along the western edge of the Yilgarn Craton Chalice Mines’ (CHN:ASX) recent Julimar discovery has shown the Ni-Cu-PGE potential of the region West Murchison - 693km2 granted Exploration Licence • Anomalous
Slide 23: Polar Bear – A Live nickel System
Polar Bear – A Live nickel System S2 has the nickel rights to 568km2 of tenure • Continuation of the Kambalda – Widgiemooltha ultramafic sequence that hosts multiple world class nickel sulphide mines • Just south of Mincor Resources recent Cassini nickel discovery • Three zones of confirmed nickel s
Slide 24: www.s2zresources.co
www.s2zresources.co
Slide 25: Appendices
Appendices Appendix 1 – Aarnivalkea scale comparison to Agnico Eagle Kittilä mine • Long section of Agnico Eagle’s Kittilä mine Appendix 2 – Recent drill results from Jillewarra Appendix 3 – West Murchison Project Appendix 4 – Three Springs Project Appendix 5 – Todd River Resources (ASX:TRT) – Berks
Slide 26: Appendix 1: Aarnivalkea superimposed on Kittilä
Appendix 1: Aarnivalkea superimposed on Kittilä • S2’s exploration at Aarnivalkea is very shallow in comparison to Kittilä • Kittilä shows the potential for deep rooted structurally hosted gold systems in the region Aarnivalkea grade shells superimposed on the Kittilä Main Zone longitudinal section
Slide 27: Appendix 2: Jillewarra - Chesterfield Region Drilling
Appendix 2: Jillewarra - Chesterfield Region Drilling First pass RC and aircore drilling at the Dorothy and Margueritta prospects completed. Better drill intercepts included: Dorothy: 20m at 1.9g/t gold from 92m, incl. 4m at 6.8g/t gold from 92m Margueritta South: 4m @ 11.1g/t from 28m Margueritta:
Slide 28: Appendix 3: West Murchison nickel-copper-PGE project (100%)
Appendix 3: West Murchison nickel-copper-PGE project (100%) Woodrarung target several magnetic anomalies associated with mapped mafic and ultramafic rocks – thought to represent intrusions Initial soil sampling over the first of these has defined a broad Ni-Cu-PGE anomaly & also a broad gold anomaly
Slide 29: Appendix 4: Three Springs nickel-copper-PGE project (100%)
Appendix 4: Three Springs nickel-copper-PGE project (100%) Contains several magnetic anomalies associated with mapped mafic and ultramafic geology S2 currently attaining land access agreements Soil sampling, auger drilling and EM planned for 2021 29
Slide 30: Appendix 5: Todd River Resources Berkshire Valley Project
Appendix 5: Todd River Resources Berkshire Valley Project Chalice Mines Julimar Project Todd River: Berkshire Valley Project Source: CHN presentation dated 14 October 2021 Source: TRT presentation dated 3 August 2021 30
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