Platina Resources Limited · ASX:PGM
Platina Resources — Merger or Acquisition (August 2022)
26 slides from Platina Resources's merger presentation, Aug 16, 2022
Slide 1: A pivotal acquisition: Platina to acquire Sangold Resources
16 AUGUST 2022 For personal use only A pivotal acquisition Platina to acquire Sangold Resources and its three Western Australian gold projects ASX: PGM
Slide 2: Corporate Snapshot
Corporate Snapshot New Hemi Telfer Share price Sangold 3.2c For personal use only Paulsens Xanadu Project assets Mt Olympus 52 week high $0.08, low $0.025 15 August 2022 expand Mt Narryer Project Karlawinda Market capitalisation Western Jubilee Project $16.7m Australian Investments Big Bell gold Cha
Slide 3: Pivotal acquisition to expand WA gold footprint
Binti Binti Project Pivotal acquisition to expand WA gold footprint For personal use only Conditional binding term sheet with Sangold Kalgoorlie Resources Pty Ltd to acquire 100% of three projects: Brimstone Project 1. Brimstone Advanced, high-grade, near-surface project located 40km north-east of K
Slide 4: Sangold transaction terms
Sangold transaction terms# For personal use only • Conditional binding term sheet to acquire Sangold • Escrow - $2.4 million will be subject to a 12-month Resources Pty Ltd. escrow period and $0.1 million for a 3-month period PLATINA RESOURCES ASX: PGM • Subject to an exclusivity and due diligence p
Slide 5: Brimstone Project
Pending Acquisition Brimstone Project • Brimstone covers 70km2 and is located 40km For personal use only north-east of Kalgoorlie Broad Arrow Brimstone Project • 27km and 2.5km from Kanowna Belle and Paddington Penny’s Find gold deposits, respectively Pennys Find • Tenement package includes five Pro
Slide 6: Brimstone Project
Pending Acquisition Brimstone Project Garilbaldi For personal use only Eastern Workings Old Camp • ~$5m of historical expenditure including, over 964 holes drilled for a total of 51,638m Pennys Find • Most drill holes less than 50 metres depth and 93% of holes previously drilled less than 5 Bob Jamm
Slide 7: Brimstone Project - Garibaldi Prospect
Pending Acquisition Brimstone Project Garibaldi Prospect For personal use only JDR004 PLATINA RESOURCES ASX: PGM 22m @ 1.96g/t incl 11m @ 3.56g/t Au from 40m ASX: PGM SLIDE / 7 7
Slide 8: Brimstone Project - Garibaldi Prospect
Pending Acquisition For personal use only Brimstone Project Garibaldi Prospect 8 ASX: PGM SLIDE / 8 PLATINA RESOURCES ASX: PGM
Slide 9: Beete Project
Pending Acquisition Beete Project Norseman For personal use only Norseman Gold Project (Pantoro & Tulla Resources)# • Exploration Licence Application located 50 km south Kalgoorlie Resource – 46.4Mt @ 3.2g/t Au of Norseman and covers 139 km2 = 4.78 Mozs Au Platina tenements • Access from the Coolgar
Slide 10: Binti Binti Project
Pending Acquisition Binti Binti Project For personal use only • Two 100% owned Exploration Licences covering • Located in close proximity to NuFortune’s Lindsay’s 68.2km2 approximately 50km north-east of Gold Project, OzAurum’s Mulgabbie North Project and Kalgoorlie. The tenements are accessible fro
Slide 11: Xanadu Project regional structural setting
Xanadu Project Regional scale structural setting – 1.65 Moz Au nearby For personal use only *Refer PGD ASX Release dated 5 August 2022 # www.kalamazooresources.com.au ^www.capmetals.com.au Paulsens Gold Project ^^ www.blackcatsyndicate.com.au Black Cat Syndicate^^ Total JORC Resources 0.27 Mozs Au M
Slide 12: Xanadu Project
Xanadu Project Mt Olympus Gold Project Kalamazoo Resources Total JORC Resources 1,650,000 oz Au# For personal use only LEGEND Xanadu Project Prospect PLATINA RESOURCES ASX: PGM Eastern Area Pit 4kms Pertinax Stynes Amphitheatre West ASX: PGM Boadicea Claudius Big Bend Cleopatra SLIDE / 12 Caesar Amp
Slide 13: Xanadu Project: Drilling to target deeper gold potential
Xanadu Project Drilling to target deeper gold potential For personal use only • Historical focus on shallow oxide mineralisation for heap leach operation • Large number of economic grade and width drill intersections, including: ➢ PNS359 – 12m @ 5.05g/t Au ➢ CS028 – 20m @ 2.25g/t Au ➢ PNS47 – 2m @ 2
Slide 14: Xanadu Project Significant intersections
personal use only For Project Xanadu Significant intersections 14 ASX: PGM SLIDE / 14 PLATINA RESOURCES ASX: PGM
Slide 15: Challa Project
Challa Project Targeting major gold deposits undercover For personal use only Prime location • Two Exploration Licences covering 293km2 • Prolific gold producing district: ➢ Sandstone 1.3 million ozs ➢ Mt Magnet 6 million ozs ➢ Youanmi 670,000 ozs • Four processing mills nearby PLATINA RESOURCES ASX
Slide 16: Challa Project soil sampling & air core drilling
Challa Project Soil sampling & air core drilling used to define deeper targets For personal use only Challa East • Paynesville gold trend with gold workings and occurrences • Outcropping gold mineralization – grades up to 5.8g/t Au in rock chips PLATINA RESOURCES ASX: PGM Challa West • Challa shear
Slide 17: Jubilee Project
Tenement application Jubilee Project For personal use only Prime location • Application (EL 51/2114) covering 156km2 in the Yilgarn Craton • Close proximity to the Meekatharra gold project • Adjoins Great Boulder Resources’ (ASX:GBR) Side Well project which hosts the high-grade Mulga Bill prospect -
Slide 18: Mt Narryer Project
Tenement application Mt Narryer Project Target analogous to For personal use only the Julimar discovery MT NARRYER PROJECT Prime location • Application (EL 09/2423) covering 165km2 • Located in the western Yilgarn Craton Big Bell • Very little modern exploration due to lack of Mt Magnet outcropping
Slide 19: Definitive Feasibility Study Results - Platina Scandium Project
Definitive Feasibility Study Results For personal use only December 2018* Platina Scandium Project Unlocking the value of a world- Start up CAPEX Stage 2 CAPEX class scandium resource A$68m A$16m • Master alloy development program: Post-tax NPV (8% real) Post-tax IRR • diversifying the product mix a
Slide 20: Investments to fund exploration activities
Investments to fund exploration activities NEO: SIZE For personal use only TSXV: MOON A$3.2m A$0.2m 49 million shares 6 million shares Developing a large AIM: UFO gold and platinum Developing a zinc A$1.2m deposit rich in gold and silver in the USA group metal project in Greenland 128 million shares
Slide 21: Executive team
Executive team For personal use only PLATINA RESOURCES ASX: PGM ASX: PGM Corey Nolan Rohan Deshpande Managing Director Exploration Manger SLIDE / 21 21
Slide 22: Executing a clearly defined strategy
Executing a clearly defined strategy For personal use only 05 04 Realise value from investments 03 Unlocking value of non-core 02 assets PLATINA RESOURCES ASX: PGM Complete Sangold 01 Explore new prospects when transaction ASX: PGM granted Challa & Xanadu drilling programs SLIDE / 22 22
Slide 23: Disclaimer
Disclaimer For personal use only CAUTIONARY AND FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENT This presentation contains “forward-looking information” which may include, but is not limited to, statements with The information in this presentation that relates to Exploration Results, Mineral R
Slide 24: Resources References in Presentation
Resources References in Presentation Project / Owner / Source Category kt g/t Au Kozs Scotia Mining Centre Indicated 10,734 2.2 734 For personal use only 50% Tulla Resources and 50% Pantoro Limited Inferred 4,736 1.5 227 Total 15,471 2.0 999 Norseman Gold Mineral Resource Measured 4,572 1.6 234 50%
Slide 25: Resources References in Presentation
Resources References in Presentation Project / Owner / Source Category kt g/t Au Kozs Paddy’s Flat Measured 991 4.32 138 For personal use only Westgold Resources Ltd Indicated 10,991 1.72 604 Inferred 2,505 2.22 179 Total 14,408 1.99 921 Yaloginda Measured 145 3.42 16 Westgold Resources Ltd Indicate
Slide 26: Contact
Contact For personal use only Corey Nolan Managing Director Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au platinaresources.com.au
Platina Resources — Merger or Acquisition (August 2022) on 6ix