S2 Resources Ltd. · ASX:S2R
S2 Resources — Citi Institutional Conference, Sydney, October 2015
20 slides from S2 Resources's conference presentation, Oct 20, 2015
Slide 1: S2 Resources: A new company, a tried and tested team
For personal use only S2 Resources: A new company, a tried and tested team Mark Bennett, Managing Director & CEO Citi Institutional Conference, Sydney, October 2015
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: Corporate information and background
Corporate information and background Shares on issue 207.4m For personal use only Options on issue 28.7m (ex price A$0.31) Cash A$22.17m Debt Nil Market capitalisation N/A* Enterprise value N/A* • S2 was demerged from Sirius Resources on 21st September 2015 prior to Sirius’ merger with Independence
Slide 4: Top twenty shareholders
Top twenty shareholders S2 RESOURCES LTD ORDINARY SHARES (TOTAL) As of 12 Oct 2015 For personal use only Top Holders Snapshot Note: this top 20 is prior to the start of trading in S2R shares on Monday 19th October 2015 Rank Name Units % of Units 1. YANDAL INVESTMENTS PTY LTD <INVESTEC A/C> 31,764,49
Slide 5: Board and senior management team of S2
Board and senior management team of S2 Jeff Dowling - Non-executive Chairman For personal use only Jeff is a non-executive director of Atlas Iron, a director of the Perth Metropolitan Redevelopment Authority, the former managing partner of Ernst & Young Western Region and is the former chairman of S
Slide 6: Objectives and strategy
Objectives and strategy Objectives For personal use only • S2 aims to generate superior investment returns through the discovery and development of high value mineral resources as a result of exploration and the identification of early stage assets with high growth potential • S2 is focused on mains
Slide 7: Project locations
Project locations Showing preferred regions For personal use only 7
Slide 8: Polar Bear project, Western Australia (100%)
Polar Bear project, Western Australia (100%) For personal use only 8
Slide 9: Polar Bear project, Western Australia (100%)
Polar Bear project, Western Australia (100%) A large unexplored ground For personal use only holding at the southern end of a major gold province 9
Slide 10: Polar Bear project – Baloo gold deposit
Polar Bear project – Baloo gold deposit • The oxide zone (N end) has been delineated by aircore For personal use only drilling • A triple tube diamond hole has replicated the aircore results (36.5m @ 4.36g/t Au & 2.5m @ 10g/t Au) • RC drilling is underway to establish a JORC resource • The primary z
Slide 11: Polar Bear project – additional gold potential
Polar Bear project – additional gold potential Two trends, four For personal use only prospects, one deposit defined 11
Slide 12: Scandinavia – highly endowed, underexplored, stable
Scandinavia – highly endowed, underexplored, stable • S2 owns 67% of Sakumpu Exploration Oy, a private Finnish company, and will increase this to 80% by sole funding a A$2 million exploration program in 2016 For personal use only • Sakumpu is the largest ground holder in the Lapland Greenstone Belt
Slide 13: The Sakumpu team
The Sakumpu team Graham Brown For personal use only Graham is the former head of global exploration for Anglo American plc, having led the teams that discovered world class ore deposits including the Los Sulfatos porphyry copper deposit in Chile and the Sakatti magmatic copper-nickel-PGM deposit in
Slide 14: Lapland Greenstone Belt – endowment and prospects
Lapland Greenstone Belt – endowment and prospects • Significant gold and base metal endowment (Kittila, Kevitsa, Pahtavaara, Sakatti) Ranta-Mantypaa gold prospect and Tienpaa nickel prospect identified in initial reconnaissance For personal use only • 14
Slide 15: Lapland Greenstone Belt – geophysics completed
Lapland Greenstone Belt – geophysics completed • Adjacent to 7 million ounce Kittila gold mine For personal use only • 3 VTEM surveys flown (shown as grids on magnetic image) • Selka reservation - formerly GTK (Finnish Geological Survey) tenement • Detailed airborne EM and magnetic data acquired fro
Slide 16: Skellefte Belt – endowment and prospects
Skellefte Belt – endowment and prospects • Significant gold & base metal endowment (Boliden, Renstrom, Kristineberg, Bjorkdal) Brannas Cu-Au-Pt-Pd-Ag prospect: rockchip sampling of outcropping gabbro with disseminated sulphides For personal use only • Brannas prospect: 1.64% Cu, 0.53g/t Au, 0.26g/t
Slide 17: Skellefte Belt – geophysics completed
Skellefte Belt – geophysics completed • District scale VTEM survey recently completed – being processed Covers central part of ground holdings For personal use only • 17
Slide 18: Skellefte Belt – Brannas prospect
Skellefte Belt – Brannas prospect • Outcropping disseminated magmatic For personal use only sulphides in gabbro intrusion • 3 large composite rock chip samples average 1.64% Cu, 0.53g/t Au, 0.26g/t Pt, 0.22g/t Pd, 21g/t Ag • Outcrop associated with bulge in strong magnetic anomaly (see image) • 3 di
Slide 19: A great time for identifying and pursuing opportunities
A great time for identifying and pursuing opportunities • Record numbers of under‐funded and distressed junior explorers, many facing “going concern” For personal use only queries from the ASX • Dismal equity markets with little prospect of cost‐effective capital raisings for most • S2 is in a uniqu
Slide 20: Summary
Summary • The band is back together For personal use only • S2 has listed and is now trading on the ASX with the code S2R • The company is fully funded to execute its planned programs to achieve its stated objectives • We have started resource drilling at Baloo with the aim of defining a maiden JORC
S2 Resources — Citi Institutional Conference, Sydney, October 2015 on 6ix