St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (May 2021)
17 slides from St. George Mining's investor presentation, May 3, 2021
Slide 1: ASX / Media Release: St George Mining Investor Presentation
ASX / MEDIA RELEASE 3 May 2021 For personal use only ST GEORGE MINING – INVESTOR PRESENTATION St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is pleased to issue a new Investor Presentation titled “Growing a High‐Grade Nickel‐Copper Sulphide Discovery in Western Australia”. The In
Slide 2: Growing a High-Grade Nickel-Copper Sulphide Discovery in Western Australia
Growing a High-Grade Nickel-Copper Sulphide Discovery in Western Australia For personal use only Massive nickel-copper sulphides in MAD199; announced 14 April 2021 ST GEORGE MINING LIMITED ACN 139 308 973 ASX: SGQ 3 May 2021
Slide 3: Investment Highlights
Investment Highlights High-grade Mt Alexander Project in strategic location For personal use only Exceptional high-grade mineralisation: • Nickel-copper sulphides discovered 30m from surface and over a 4.5km strike • Style of mineralisation is very rare as the combination of high-grade nickel, coppe
Slide 4: Mt Alexander
Mt Alexander Large high-grade mineral system remains underexplored • Four shallow, high-grade discoveries over a 5.5km strike of the Cathedrals For personal use only Belt suggests the system must be deeper than the extent of current shallow discoveries concept confirmed with success of MAD199 in
Slide 5: Mt Alexander – Deeper Targets
Mt Alexander – Deeper Targets Extensive intrusive network confirmed • Surface electromagnetic (EM) surveys can be limited in detecting mineralisation at depth, For personal use only suggesting that deposits below a certain depth at Mt Alexander are yet to be identified • Similar issue at other succe
Slide 6: Mt Alexander – MAD199 Discovery
Mt Alexander – MAD199 Discovery First high-grade sulphides at depth • MAD199 intersected 10.96m of nickel-copper sulphides from 333.6m downhole For personal use only announced just two weeks ago with step-out drilling underway • Massive sulphides with average XRF values up to 7.34% Ni and 4.74% Cu
Slide 7: New Gravity Survey
New Gravity Survey Compelling new drill targets emerge at Mt Alexander For personal use only • Multiple gravity highs recorded at West End and Investigators – high density massive sulphides and their host rocks will typically present as gravity highs • New targets include ‘bulls-eye’ gravity highs t
Slide 8: Mt Alexander – Exploration Upside
Mt Alexander – Exploration Upside Potential for large-scale deposit • Intrusive footprint at Cathedrals Belt has similar scale to world-class nickel sulphide camps For personal use only Schematic map showing footprint of world-class intrusive nickel sulphide deposits at same scale: Cathedrals Belt,
Slide 9: Mt Alexander – Development
Mt Alexander – Development Advancing towards a mine For personal use only Starter mine: • Potential for a low-cost, high-margin operation – initially targeting the Stricklands deposit – subject to a scoping study underway Resource definition: • Resource drill-out of Stricklands completed in 2020; Ca
Slide 10: Paterson Project – Another Growth Project
Paterson Project – Another Growth Project Unexplored ground in exploration hotspot For personal use only Paterson Province: • Located in one of Australia’s most active exploration frontiers • Hosts the giant Nifty (2Mt Cu) and Telfer (27Moz Au) deposits as well as Rio Tinto’s new Winu copper-gold pr
Slide 11: Paterson Project – Exciting Targets
Paterson Project – Exciting Targets Drilling for a new Cu-Au discovery For personal use only Priority targets: • High-resolution magnetic and gravity surveys completed by St George identified prominent structural features and stratigraphic targets throughout the 35km strike of St George’s tenement •
Slide 12: Corporate Overview
Corporate Overview Expertise and ability to create value for shareholders For personal use only Market Capitalisation Directors and Management – Listed Shares (28 April 2021) Vision and Experience for Success A$48m 503,543,376 John PRINEAS, Executive Chairman – founding shareholder with over 25 year
Slide 13: Share Price Performance
Share Price Performance Highly leveraged to nickel price and news flow 12.5 Ni US$20,000/t $0.25 For personal use only 10.0 Ni US$17,500/t $0.20 Chart showing the Ni US$15,000/t SGQ share price Trading Volume (millions) 7.5 $0.15 relative to the Share Price US$ nickel price 5.0 $0.10 2.5 Ni US$10,00
Slide 14: Nickel Market
Nickel Market Fundamentals point to price upswing • Nickel prices forecast to continue rising given the demand from auto For personal use only manufacturers as they accelerate transition to battery electric vehicles $60,000 600,000 $55,000 $50,000 $45,000 400,000 $40,000 Market Balance (tonnes) Nick
Slide 15: EV Volume Forecast
EV Volume Forecast Adoption rate is accelerating For personal use only • China and Europe lead the world in EV revolution • St George is a member of the European Battery Alliance, a network of stakeholders building a European battery industry 300,000 Plug-In Vehicles Sales in Europe (BEV + PHEV) 201
Slide 16: For personal use only
For personal use only Developing a high-grade nickel-copper sulphide project in the heart of Western Australia’s Goldfields. Photo: Diamond drilling underway at the Mt Alexander Project. ASX: SGQ | St George Mining Limited 27 April 2021 15
Slide 17: Forward looking statements and disclosures
Forward looking statements and disclosures For personal use only The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Dave O’Neill, a Competent Person who is a Member of The Australasian Inst