Santana Minerals Ltd. · ASX:SMI
Santana Minerals — NZ Branch AusIMM Conference, Wellington 2024
19 slides from Santana Minerals's conference presentation, Aug 20, 2024
Slide 1: The Silver Fern: Turns to Gold
For personal use only The Silver Fern: Turns to Gold Damian Spring, CEO Santana Minerals Limited ASX:SMI NZX SMI NZ Branch AusIMM Conference, Wellington August 2024
Slide 2: 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 in agains
Slide 3: New Zealand has a new government
NEW Z FALAN HAS A NEW GOVERNMENT D SANTANA SZ,
Slide 4: Bendigo-Ophir (BOP) Gold Project
Bendigo-Ophir (BOP) Gold Project Multiple gold discoveries over five kilometres of strike For personal use only Rise and Shine RAS 2,217koz @ 2.3g/t Au Including Indicated of 1,445koz @ 2.4g/t Au Come In Time CIT 59koz @ 1.5 g/t Au Shreks SHR 174koz @ 1.1 g/t Au Shreks-East SRE 11koz @ 1.3 g/t Au Co
Slide 5: Largest single discovery of gold in NZ over past years
Largest single discovery of gold in NZ over past 40 years Amongst world-class New Zealand gold operations For personal use only Waihi (TSX:OGC): OGC’s Waihi Gold mine • Commenced at Martha Hill in 1988 with 1Moz at 5.9 g/t 1 Macraes (TSX:OGC): • Commenced at Round Hill in 1990 with 1.8Moz at 1.4g/t
Slide 6: Project Location
Project Location For personal use only • One hour east of Queenstown • Central Otago region of the South island • 90km West of OceanaGold’s Macraes gold mine • 15min drive from Cromwell with 8,000 people • In the semi-arid Central Otago • Private farmland, with agreements to mine in place 6
Slide 7: A gold developer's dream
A gold developer’s dream For personal use only No FIFO Bendigo-Ophir RAS Gold Project No major camps 66kV Substation Main road access 8km from the project Access to fresh water Cheap power State Highway 8 EASY ACCESS Borefield FRESH WATER Cromwell 8,000 people Queenstown International Airport 1hr aw
Slide 8: For personal use only
For personal use only 8
Slide 9: The Rise & Shine (RAS)
The Rise & Shine (RAS) • A blind discovery For personal use only • 85,000m+ of Diamond Drilling • 1.7 km down- plunge and open 1.7km • 450m wide • High-grade core (150m-200m wide) (30 - 40m thick) • Bulk barren waste pre-strip 5
Slide 10: The Rise & Shine (RAS)
The Rise & Shine (RAS) For personal use only 5
Slide 11: The Rise & Shine (RAS)
The Rise & Shine (RAS) For personal use only 5
Slide 12: The Rise & Shine (RAS)
The Rise & Shine (RAS) • A blind discovery For personal use only • 85,000m+ of Diamond Drilling • 1.7 km down- plunge and open 1.7km • 450m wide • High-grade core (150m-200m wide) (30 - 40m thick) • Bulk barren waste pre-strip 5
Slide 13: The Rise & Shine (RAS)
The Rise & Shine (RAS) For personal use only 5
Slide 14: Outstanding Economics – for Otago and NZ
Outstanding Economics – for Otago and NZ For personal use only GOLD PRICE: NZ$3,900/oz AVG. GOLD LIFE OF MINE TOTAL GOLD POTENTIAL VALUE PRODUCTION/YR (YRS) RECOVERED 110,000oz 10 1.12Moz 60% OR $1.7 BILLION EXPORT EARNINGS NZ TAX AND ROYALTY REMAINS IN NZ $4.4 BILLION NZ$0.9 BILLION LOCAL AND OPERA
Slide 15: RAS Scoping Study – Initial Physical Outcomes
RAS Scoping Study – Initial Physical Outcomes • Base case US$1,650/oz (A$:US Looking west 0.66) or A$2,500/oz. For personal use only • Process Plant: CIL 1.5Mtpa Shepherds Creek Rise and • Staged Open Pit Shine Creek • 11.8m3 pre-strip (32Mt) • 8-year pit (12.1Mt @ 2.5g/t) • Post pre-strip Strip rat
Slide 16: High-grade core
For personal use only High-grade core 16
Slide 17: Another booming high-grade core gold hit
Another booming High-grade core gold hit For personal use only 41.6m @ 8.6g/t 17
Slide 18: Mineral Resource Estimate (MRE 2024)
Mineral Resource Estimate (MRE 2024) Deposit Category tonnes (Mt) Au grade Contained For personal use only February 2023 (g/t) Gold (koz) Indicated 19.1 2.4 1,445 RAS1 Inferred 11.4 2.1 772 RAS Total Indicated and Inferred 30.6 2.3 2,217 CIT2 Inferred 1.2 1.5 59 SHR2 Inferred 4.7 1.1 174 SRE2 Inferr
Slide 19: Thank you
For personal use only Thank you
Santana Minerals — NZ Branch AusIMM Conference, Wellington 2024 on 6ix