Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (April 2019)
17 slides from Saturn Metals's investor presentation, Apr 16, 2019
Slide 1: Next Generation Gold Company in a Multi Million Ounce Gold Province
Next Generation Gold Company in a Multi Million Ounce Gold Province Investor Presentation ASX:STN Pictured – RC Drilling – Apollo Hill Hanging wall – 13 April 2019 Ian Bamborough Managing Director www.saturnmetals.com.au 16 April 2019
Slide 2: Apollo Hill Gold Project Overview
Apollo Hill Gold Project Overview ASX:STN • Excellent location 60km south-east of Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • 100% ownership of more than 1,000km² of contiguous ground • Upgraded Indicated and Inferred Mineral
Slide 3: Value Proposition
Value Proposition Apollo Hill has the potential to be a multi-million ounce gold project in a ASX:STN tier one mining jurisdiction Rapid Development in the Last 12 Months: • Saturn Metals Limited (Saturn) Listed on the ASX in March 2018, having raised $7M in an oversubscribed IPO. • Since IPO in Mar
Slide 4: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register ASX:STN Substantial Shareholders Share Price Since Listing Peel Mining Limited (escrowed) 36% Hampton Hill Mining and Associates 11% Directors and Management 5% Top 20 ~69% Corporate Metrics Cash (31 March 2018) $2.8M Shares on Issue 56.5M Options and
Slide 5: Experienced Board
Experienced Board ASX:STN IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) Managing Director Mr Bamborough is a geologist with over 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently managing director of A
Slide 6: Apollo Hill – Resource Upgrade (685koz) November 2018
Apollo Hill – Resource Upgrade (685koz) November 2018 Upgrade ASX:STN A 36% Increase – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t Au for 685,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow RL’s 1 • Expansive gold
Slide 7: Indicated Category
Indicated Category Indicated Category Shows Improvement in Grade ASX:STN • A total of 3.3Mt @ 1.1g/t Au for 116koz is now classified as an Indicated Mineral Resource representing a conversion of 22% of the previous Inferred Mineral Resource • Grade appears to be drill density dependant due to nugget
Slide 8: Apollo Hill Styles of Mineralisation
Apollo Hill Styles of Mineralisation Higher Grade Shallow Hanging Wall Lodes Develop ASX:STN NEW SHALLOW HIGH GRADE INTERSECTION JOINS THE DOTS • 5m @ 11g/t Au from 46m including 1m @ 53.7g/t Au from 50m -AHRC0124, • Highlight the higher grade nature of this part of the Apollo Hill gold system. • Po
Slide 9: Apollo Hill Styles of Mineralisation
Apollo Hill Styles of Mineralisation Higher grade, continuous lodes extending to surface ASX:STN DRILLING OPEN • 2018 Assays Illustrated • Focus and Structure Provide Excellent Exploration Targets • 11m @ 4.06g/t Au from 132m within 18m @ 2.58g/t Au from 126m – AHRC0038 b • 10m @ 2.98g/t Au from 92m
Slide 10: Apollo Hill Styles of Mineralisation
Apollo Hill Styles of Mineralisation Wide 1g/t Au Gold System ASX:STN DRILLING OPEN • 2018 Assays Illustrated • Thick Shallow Intersections – 58m @ 1.06g/t Au at only 65m depth; AHRC0049 2 www.saturnmetals.com.au 9
Slide 11: Resource Expansion Drilling
Resource Expansion Drilling New Results Extend and Grow System - test corridor to grow Inventory from the Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t Au for 685,000oz 1 ASX:STN • 10m @ 5.78g/t Au from 46m - inc. 5m @ 11g/t Au from 46m – AHRC0124; • 26m @ 1.
Slide 12: Apollo Hill – Simple Metallurgy
Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction ASX:STN characteristics for easily recoverable gold Data collected with GeoCore X10 CONVENTIONAL AND GRAVITY • More than 60% recovery by gravity separation alone Grey Green • Greater than 92% gold recovery vi
Slide 13: Significant Regional Exploration Upside
Significant Regional Exploration Upside First pass AC Results Highlight Exciting Areas ASX:STN • 100% Owned - 1,000km² • World Class Geological setting with multi million ounce gold deposits (Gwalia Mine, Carosue Dam, Porphyry) in close proximity. • Ground encompasses much of the gold fertile and hi
Slide 14: Bobs Bore
Bobs Bore ASX:STN Expanding the Apollo Hill Camp Best Regional AC Results • 400m wide anomalous zone. • (~0.1- 0.7g/t Au) bottom of hole. • Across the gold prospective Keith Kilkenny shear zone. • Only 3.5km east of Apollo Hill. • Intersections 500m south of Bob’s Bore, where historic drill results
Slide 15: Atlanta
Atlanta Syenite Targets – Atlanta South Area ASX:STN • Along strike of McAuliffe well 400kt @ 2g/t historic Au Inventory • Similar geology to Dacian’s Cameron Well • Multiple interpreted syenites • High grade historic geochemical results (937ppb) 2* • Competitive land position (Sumitomo to the East)
Slide 16: Planned Exploration Schedule 2019
Planned Exploration Schedule 2019 Regular results flow ASX:STN • Targeting ~10,000-20,000m of March April May June July August drilling in the next 6 months • Clear strategy to add shareholder value - 3 pronged approach will aim to: • Grow existing Apollo Hill resources base by targeting along strik
Slide 17: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements ASX:STN The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons