Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Noosa Mining Investor Conference 2023
17 slides from Santana Minerals's conference presentation, Jul 19, 2023
Slide 1: Santana Minerals to present at Noosa Mining Investor Conference
ASX Announcement Date: 19th July 2023 SANTANA MINERALS TO PRESENT AT NOOSA MINING INVESTOR CONFERENCE 19 July 2023 Santana Minerals Limited (ASX: SMI) (“Santana” or “the Company”) is pleased to announce that Damian Spring, CEO, will be presenting an update on the Company and its progress at the Bend
Slide 2: Bendigo-Ophir Project New Zealand
ASX:SMI For personal use only Bendigo-Ophir Project New Zealand A rapidly growing multi-million ounce gold resource in the Central Otago goldfields Noosa Mining Investor Conference July 2023
Slide 3: Disclaimer
Disclaimer Disclaimer Previous Disclosure - 2012 JORC Code For personal use only All information contained in this presentation is of a general nature. Potential investors are cautioned The information in this report that relates to Mineral Resources or Ore Reserves is based on information provided
Slide 4: Our Vision
For personal use only OUR VISION Our vision is to develop the Bendigo-Ophir project into a world class, long life, environmentally sustainable mining project that will bring generational employment and prosperity to the Central Otago Region. Bendigo-Ophir Project 3
Slide 5: Executive Summary
Executive Summary Highlights For personal use only 292km2 land package Ongoing exploration Project development Experienced Board and located on mainly success is rapidly studies underway with the Management team with a freehold land within the adding gold ounces and objective of establishing a track
Slide 6: Bendigo-Ophir Gold Project, Central Otago
Bendigo-Ophir Gold Project, Central Otago 90km NW of OceanaGold’s Macraes Gold Mine ❖ Multiple prospects over 30km along the Rise and Shine Shear Zone (RSSZ) Alluvial gold discovered in Bendigo, Central Otago. Historic production of 1862 For personal use only 300koz Matakanui Gold Limited (MGL) gran
Slide 7: Rise and Shine Shear Zone (RSSZ)
Rise and Shine Shear Zone (RSSZ) Outstanding exploration success and down-plunge potential over four deposits Bendigo-Ophir Project - Current Mineral Resources CIT RAS For personal use only Come In Time Rise and Shine 59koz @ 1.5 g/t Au 2,662koz @ 2.5g/t Au SHR SRE Shreks Shreks-East 174koz @ 1.1 g/
Slide 8: RAS: The Jewel in the Crown
RAS Rise & Shine (RAS) Deposit 2023 MRE & Drill hole Gold MU (g*m) The Jewel in the Crown…so far ❖ The Rise and Shine (RAS) ❖ RAS is dominated by two deposit is a 450m wide, mineralized domains averaging MDD044 For personal use only mineralised zone extending 14m and 11m each. A further 4 down plung
Slide 9: RAS Deposit
RAS Deposit Amenable to open pit mining with 10:1 to 14:1 vertical strip ratio For personal use only Elevation (mRL) Looking Eastwards 0 5,000 10,000 15,000 Ounces per vertical metre OPEN Orebody geometry and grade 200m Highest oz/vertical metre All +5koz/vertical metre 250m distribution points to e
Slide 10: Permitting in NZ – a clear pathway exists
Permitting in NZ – a clear pathway exists Three pillars to commence mining Resource Consenting Mineral Access Land Access (Environmental Approval) For personal use only Principal Act CMA 1991 CMA 1991, OIA 2005 RMA 1991 1 Authority NZ Petroleum and Minerals Private freehold Central Otago District Co
Slide 11: Metallurgy
Metallurgy Amenable to Gravity + CIP ❖ RAS is 100% fresh, unoxidized schist rock ❖ Standard gravity-cyanide leach testwork undertaken by ALS on For personal use only multiple composite samples, overseen by KCAA ❖ Indicative metallurgy shows free milling gold recoverable by gravity followed by cyanid
Slide 12: Regional Exploration
Regional Exploration Strong arsenic soil anomalies followed up by RC drilling ❖ Several of arsenic soil anomalies have been identified at: For personal use only • BDR Bendigo Reefs • ALT Alta • TSD Thomsons Saddle • UTS Upper Thomsons • MKA Mount Moka • PCK Perrys Creek ❖ A number of these have been
Slide 13: The Year Ahead
The Year Ahead Numerous catalysts to drive shareholder value Ongoing Drilling Resource upgrades Project Development Consenting For personal use only ❖ 36,000m program for 2023 ❖ Revised MRE Q3 2023 including ❖ Engineering / consultant groups ❖ Baseline environment studies increased Indicated Resourc
Slide 14: Board and Management
Board and Management Tony McDonald Kim Bunting Damian Spring Non-Executive Director Non-Executive Director Chief Executive Officer For personal use only Mr McDonald has extensive experience as a Mr Bunting is a geologist with over 48 years of Mr Spring is a Mining Engineer and is a chartered lawyer
Slide 15: Corporate Snapshot
Corporate Snapshot 1.20 3.5 Santana Minerals Limited, ASX:SMI 17 July 2023 Share price performance (November 2020 – July 2023) Share Price $0.54 Market capitalisation on Project acquisition: $22.8M Equity raised since acquisition: $28.9M For personal use only Current Market capitalisation: $108.0M 3
Slide 16: Appendix 1: Mineral Resource Estimate (MRE)
Appendix 1: Mineral Resource Estimate (MRE) February 2023 RSSZ Mineral Resource at 0.5g/t cutoff (with top-cut) For personal use only Deposit Category tonnes (Mt) Au grade (g/t) Gold (koz) Inferred 31.5 2.4 2,383 RAS1 Indicated 2.0 4.3 279 RAS Total Indicated and Inferred 33.5 2.5 2,662 CIT2 Inferre
Slide 17: Contact
For personal use only ASX:SMI Damian Spring Chief Executive Officer dspring@santanaminerals.com +64 21 333943 Cameron Peacock Investor Relations & Business Development cpeacock@santanaminerals.com +61 439 908 732 santanaminerals.com
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