Savannah Goldfields Limited · ASX:SVG
Savannah Goldfields — Noosa Mining Conference 2023
22 slides from Savannah Goldfields's conference presentation, Jul 19, 2023
Slide 1: Gold Production & Growth
Gold Production & Growth For personal use only Noosa Mining Conference July 2023
Slide 2: Competent Persons Statement & Disclaimer
Competent Persons Statement & Disclaimer. Competent Persons Statements The information in this report that relates to Exploration Results is based on information compiled by Mr Scott Hall who is a member of the Australian Institute of Mining and Metallurgy. Mr Hall is a full- time employee of Savann
Slide 3: Corporate Overview: Queensland's newest gold producer emerges
North Corporate ASX: SVG Overview Queensland’s newest gold producer For personal use only emerges Transitioning from explorer to gold producer as part of Savannah Goldfields regional expansion strategies in a highly prospective and under explored gold- rich region. Page 3
Slide 4: Savannah Goldfields
Savannah Goldfields For personal use only Cash generating Planned ‘Hub and gold assets spoke’ regional gold strategy Right geological Processing 590kOz* JORC setting for large optimisation with Resource with scale gold planned sulphide upside through deposits upgrade exploration *Refer competent per
Slide 5: Regional, strategic & transformational growth
Regional, strategic & transformational growth. Hub-and-spoke strategy in North Queensland’s prolific gold region, Gulf Savannah Phase 4 For personal use only Phase 3 Future Phase 2 2024 Scale Phase 1 2023 Expansion Target >1mtpa 2 Processing Centers Agate Oxides 2022 Target 250ktpa & Georgetown Sulp
Slide 6: Corporate overview
Corporate overview. A$0.10 195.8m 45.1m $20m $0.11m Share price Ordinary Shares Convertible Notes Market cap Cash As at 14 Jul 23 As at 14 Jul 23 As at 30 Jun 23 For personal use only Board & Management. Shareholders. Stephen Bizzell Brett Thompson Brad Gordon Mark Baker Executive Chairman CEO Non-E
Slide 7: Georgetown Project – 'The Hub'
Georgetown Project – ‘The Hub’ Gold mine and regional processing hub For personal use only Strategic Fit Exploration potential Control over own gold production Extensive nearby packages of while enhancing exploration additional exploration and mining optionality leases Superior cashflows Toll proces
Slide 8: Gold production
For personal use only Gold production Successful production ramping up and processing optimisation. Commencement of toll processing as well as significant upside potential for additional gold resources. 8
Slide 9: Georgetown – Production update
Georgetown – Production update Production from Sep 2022 Next Steps For personal use only Completion of Georgetown Gold Plant and tenement Incremental plant capacity increases steadily being package acquisition implemented Processing Operations Sherwood West ore is currently being mined and is • Refu
Slide 10: Gold Production - Snapshot
Gold Production - Snapshot First gold was poured 9 September 2022 Total gold Total silver Total Total Agate Creek Ore For personal use only Recovery refined & refined & sale Processed sold sold * proceeds Sept 4,700 tonnes Qtr 96.0% 586 Oz 220 Oz $1.6m @ 7.41 g/t Au 2022 Dec 33,700 tonnes Qtr 95.5%
Slide 11: Gold Production forecast
Gold Production forecast Production continues to ramp up….. despite a few setbacks Quarterly Production For personal use only 60,000 6,000 Actual - 2023 Forecast - 2024 50,000 5,000 40,000 Mill 01 4,000 Motor Au ounces sold Tonnes Milled Wet 30,000 Season 3,000 20,000 2,000 10,000 1,000 - - Sep 22 Q
Slide 12: Agate Creek Gold Mine
Agate Creek Gold Mine Resource expansion underway for potential large-scale mining and processing For personal use only Further high-grade High-grade ore mining processing underway Mining operations continue to Ore is being transported to the perform well with a focus on Georgetown processing plant
Slide 13: 2022-2024 multi pit operation
2022-2024 multi pit operation Mining ramping up across several shallow open pits For personal use only (For historical results, refer to ASX announcements of 19/12/17, 27/5/19, 26/11/19 and 30/7/20 for full drilling results) 13
Slide 14: Agate Creek Expansion
Agate Creek Expansion Pit 6A For personal use only Sherwood West Sherwood Repeats Extensions to Sherwood Mineralisation Agate Creek on-site plant expansion pit shells 14
Slide 15: Mineralisation style and regional setting
Mineralisation style and regional setting New geological model following expert multi-element study • The Kidston deposit (5Moz) 60km east, is described as mesozonal to epizonal Intrusion Related Gold System (IRGS), with hydrothermal breccias and vein networks related to rhyolite plugs and dykes, ch
Slide 16: Resource Upside Potential
Resource Upside Potential Agate Creek • Multi-element analysis => new target areas associated with IRGS • Sherwood repetitions; down dip & along strike extensions, open all directions For personal use only • Nottingham dyke swarm highly prospective • Rock chip data throughout 100% owned EPM’s - 1,53
Slide 17: Investment case
Investment case For personal use only • Gold production since Sep 2022 and cashflows with ongoing processing optimisation • Potential for ‘hub and spoke’ regional expansion strategy through resource expansion, acquisition and toll processing • Existing 590k oz JORC resource base with upside through
Slide 18: Contact
Savannah Goldfields For personal use only @sav_goldfields Contact Brett Thompson, CEO admin@savannahgoldfields.com savannahgoldfields.com 18
Slide 19: Appendix
For personal use only Appendix
Slide 20: Other Projects
Other Projects Ashford Coking Coal Project Clara Resources Australia For personal use only • 40% sale to Clara Resources Australia (ASX:C7A), Savannah • Savannah has a 14.8% shareholding in ASX listed Clara Resources retains 60% interest. Clara have option to purchase remaining interest Australia (A
Slide 21: Agate Creek Mineral Resource
Agate Creek Mineral Resource* Table 1: Total recoverable Mineral Resource at 0.5 g/t gold cut-off grade Sherwood Sherwood South Sherwood West Total Classification Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Measured 0.015 4.88 2,400 - - - - - - - - - For personal use only Indicat
Slide 22: Georgetown Mineral Resource
Georgetown Mineral Resource* • Mineral Resources are Table 4:Georgetown Inferred Mineral Resource Estimates @ 1 g/t Au cut-off based on historic sampling data and block For personal use only Mineral Mass Au Ag Density Au model estimates that Tenement Resource kt g/t g/t t/m koz* provide reasonable r