S2 Resources Ltd. · ASX:S2R
S2 Resources — Mines & Money London 2016
22 slides from S2 Resources's conference presentation, Nov 29, 2016
Slide 1: Discovering gold in Australia & zinc-copper-gold in Sweden
Discovering gold in Australia & zinc-copper-gold in Sweden Mines & Money, London, 29th November 2016
Slide 2: Competent person and forward looking statement
Competent person and forward looking statement This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This pr
Slide 3: Snapshot
Snapshot Well credentialed management with highly successful track record • Discovery track record: Nova, Thunderbox, Sakatti, and more with Sirius, Anglo, LionOre • Financing & development track record: most recently A$750 million equity/debt for Nova Well funded explorer with aggressive program &
Slide 4: Board and management team
Board and management team Jeff Dowling - Non-executive Chairman Mark Bennett – Managing Director & Chief Executive Officer Jeff is the former non-executive chairman of Sirius, and the former Mark was the founding managing director and CEO of Sirius and S2. He is a managing partner of Ernst & Young W
Slide 5: Key corporate facts and market performance metrics
Key corporate facts and market performance metrics Close of Close of Shares on issue 246m Measure: trading on trading Change (post-SPP) listing yesterday Options on issue A$0.22 30.9m Share price A$0.16 A$0.38 (exercise price A$0.31) (137%) up A$60.5 Cash A$33 A$93.5 A$24.6m Market cap million milli
Slide 6: Polar Bear – a strategic position in the Goldfields
Polar Bear – a strategic position in the Goldfields A large unexplored ground holding in the heart of the Western Australian goldfields, on trend from major gold mines * Refer to resources slides and relevant ASX announcements for details
Slide 7: Baloo: initial oxide/transitional Mineral Resource
Baloo: initial oxide/transitional Mineral Resource 123,000oz Indicated + Inferred mineral resource (see table below) High ounces per vertical metre (500-1,500oz per vertical metre in top 100 metres) from just 2 metres below surface Mainly oxide, mainly Indicated category, in thick, open pit friendly
Slide 8: Baloo: new results significantly extend mineralized zone
Baloo: new results significantly extend mineralized zone New holes are 210 metres apart and up to 225 metres below previous drilling and 130 metres below limit of resource
Slide 9: Baloo: new results significantly extend mineralized zone
Baloo: new results significantly extend mineralized zone New holes are 210 metres apart and up to 225 metres below previous drilling and 130 metres below limit of resource
Slide 10: Skellefte, Sweden: a big chunk of a world class VMS district
Skellefte, Sweden: a big chunk of a world class VMS district • World class gold-base metal VMS camp with major mines (Boliden, Renstrom, Kristineberg), hungry concentrator, smelter, port, infrastructure • Strong geological similarities to the Abitibi belt, with very little outcrop, and little effect
Slide 11: First VTEM survey – numerous anomalies to drill
First VTEM survey – numerous anomalies to drill • The first ever VTEM survey in this belt identified 64 strong EM conductors, under cover, along strike from known mines/deposits • Little prior effective modern exploration, including ground TEM and base of till sampling • First VTEM anomaly (Svansele
Slide 12: Svan Vit - VMS in first holes in first VTEM conductor
Svan Vit - VMS in first holes in first VTEM conductor Plan showing VTEM anomaly (colour), ground EM conductor (red rectangle), upper and lower downhole EM conductors, and pierce points of S2 holes, with historic drilling to north VTEM over intervening ground is not shown in this image
Slide 13: Svan Vit – may have just clipped the edge
Svan Vit – may have just clipped the edge 3D depiction of upper and lower conductors defined in downhole EM survey. Holes 1 and 2 clipped the upper and western margin of the upper conductor only, and hole 3 missed both conductors
Slide 14: 6 new targets on new ground (from 1st VTEM survey)
6 new targets on new ground (from 1st VTEM survey) The first 10 VTEM targets (out of the 60 identified in the first VTEM survey) selected for diamond drilling this season are shown here VTEM over intervening ground is not shown in New exploration this image licence granted over ground with 6 anomali
Slide 15: First target drilled – many more to come
First target drilled – many more to come Disseminated to stringer sulphides in first target of 10 to be drilled out of more than 100 VTEM conductors
Slide 16: Second VTEM survey produces 43 more targets
Second VTEM survey produces 43 more targets The second ever VTEM survey of the Skellefte belt (both flown by S2) is now complete This survey covers ground pegged by S2 after the original 2015 VTEM survey This doubles S2’s VTEM coverage of the Skellefte belt 43 new targets identified, taking the tota
Slide 17: Second VTEM survey produces more targets
Second VTEM survey produces 43 more targets 43 new targets identified in new VTEM survey (the second ever VTEM survey in this district, both flown by S2) VTEM over intervening ground is not shown in this image
Slide 18: 3 new targets in Gallejaur VTEM survey area
3 new targets in Gallejaur VTEM survey area VTEM over intervening ground is not shown in this image
Slide 19: 17 new targets in Laxselmyran VTEM survey area
17 new targets in Laxselmyran VTEM survey area VTEM over intervening ground is not shown in this image
Slide 20: 23 new targets in Malanaset VTEM survey area
23 new targets in Malanaset VTEM survey area VTEM over intervening ground is not shown in this image
Slide 21: …including Vargfors 401-4 target “Bjurtraskgruvan”
…including Vargfors 401-4 target “Bjurtraskgruvan” 2km west along strike from Svan Vit prospect (discovered by S2 in 2015) VTEM anomaly with outcropping massive sulphide and stockwork zone Partially drilled by government agencies in 1920’s and 1980’s (30-90 years ago!) 10 surface samples collected b
Slide 22: Summary
Summary Drilling underway at Skellefte project in Sweden - the first 10 VTEM targets being tested over the next 5 months Many more targets - a major program to discover new Zn-Cu-Au-Ag VMS deposits in this world class mining district Strategic land position in Western Australia’s goldfields with gol