Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Noosa Mining Conference 2017
30 slides from Santana Minerals's conference presentation, Jul 19, 2017
Slide 1: Mexican focused silver and gold explorer
For personal use only A Mexican Mexican focused focused silver silverand andgold goldexplorer explorer Noosa Mining Conference - July 2017
Slide 2: Disclaimer
Disclaimer For personal use only All information contained in this presentation is of a general nature. Potential investors are cautioned against using the content of this presentation, in isolation, for making investment decisions. Best efforts have been made to ensure the accuracy of information c
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only ASX code SMI Board/Management Shares on Issue 262M Norm Seckold Chairman Options (unlisted) Tony McDonald Managing Director - @$0.03 13.5M (expire 30 Sept 2017) Dick Keevers Non-Executive Director - @$0.08 (management) 1.5M (expire 12 May 2019) Craig McPherso
Slide 4: Experienced Board and Management
Experienced Board and Management … ….with a track record of exploration and development success in Mexico For personal use only Norman Seckold ▪ 30+ years in the full time management of natural resource companies. ▪ Past Chairman and Director of listed companies including Timberline Minerals Inc., P
Slide 5: Mexico - the undisputed leader in silver
Mexico - the undisputed leader in silver A first choice jurisdiction for mining exploration and investment For personal use only Commercial mining in Mexico dates back at least 500 years A noted country for mineral exploration and mine development underpinned by: ➢ A strong mining culture ➢ A “m
Slide 6: The Sierra Madre Occidental
The Sierra Madre Occidental For personal use only The Sierra Madre is home to numerous large scale, world class silver mines 6
Slide 7: Cuitaboca Project
Cuitaboca Project For personal use only Sinaloa State, Mexico 100km NE of Los Mochis, Sinaloa Ideally located on the Pacific side of the Sierra Madre (excellent infrastructure/accessibility) 5,500ha Project area Ownership structure ‘Standard’ Mexican deal structure ❖ Option payments to minin
Slide 8: Cuitaboca – Primary Prospects
Cuitaboca – Primary Prospects For personal use only Primary Targets ➢ Mojardina Prospect ➢ Jesus Maria Prospect ➢ La Plata Geological Occurrence ➢ Series of mineralised (silver dominant) parallel vein systems running NW-SE in direction ➢ Low-intermediate sulphidation style epithermal deposit ➢ C
Slide 9: Mojardina…the story so far
Mojardina…the story so far 2015-2016 – Pre-Drill work undertaken For personal use only Unbiased Diamond saw surface channels from visible outcropping: ➢ 61m @ 61 g/t Ag ➢ 3m @ 401g/t Ag ➢ 9m @ 313g/t Ag ➢ 12m @ 71g/t Ag ➢ 13m @ 96g/t Ag ➢ 4m @ 178g/t Ag May/June 2016 – Phase 1 RC Drill Program P
Slide 10: Diamond Saw Surface Channels
Diamond Saw Surface Channels For personal use only Diamond saw surface channels of visible outcropping 223g/t Ag Typical geological occurrence is a singular mineralisation event within an andesite host rock 10
Slide 11: Mojardina…the story so far
Mojardina…the story so far For personal use only October 2016 – Phase 2 RC Drill Program Phase 2 RC Drilling highlights: ➢ 35m @ 221 g/t Ag from 0m (RC16CT-21) including 14m @ 453 g/t Ag + 2% Zn from 21m ➢ 52m @ 127 g/t Ag from 0m (RC16CT-23) including 23m 253 g/t Ag from 27m ➢ 6m @ 194 g/t Ag fro
Slide 12: Mojardina Prospect – 2017 works program
Mojardina Prospect – 2017 works program During April/May 2017 essential earthworks For personal use only were undertaken by a local Mexican engineering and construction firm. ➢ Completed works comprised cutting new roads along the Las Animas and Evangelina vein structures to permit drill pad posit
Slide 13: Mojardina South - a new zone of mineralisation
Mojardina South - a new zone of mineralisation For personal use only May/June 2017 – Phase 3 RC Drill Program First phase of the program designed to test southernmost surface expressions of Mojardina structure as identified by previous diamond channel sampling: ➢ 53m @47g/t Ag from 1m (MSRC033) in
Slide 14: Mojardina - mineralisation continuing at depth
Mojardina - mineralisation continuing at depth For personal use only May/June 2017 – Phase 3 RC Drill Program Second phase of the program designed to test below the two previously identified controlling vein systems of Las Animas and Evangelina. ➢ 6m @ 100g/t Ag from 118m (MJRC044) and 12m @ 148 g
Slide 15: Mojardina – Las Animas vein system
Mojardina – Las Animas vein system For personal use only Phase 3 intercepts showing continued strong mineralisation at depth. Open zone of +100g/t Ag mineralisation 15
Slide 16: Mojardina – Evangelina vein system
Mojardina – Evangelina vein system For personal use only New zone of mineralisaton Deepest + 100g/t intercept to date 16
Slide 17: Las Animas and Evangelina are bulking out
Las Animas and Evangelina are bulking out Interpreted mineralisation confirmed at depth across Las Animas and Evangelina vein systems For personal use only Planned Drill holes Las Animas Las Animas Mineralisation open at depth and along strike? Evangelina Mineralisation open at depth and along strik
Slide 18: Mineralisation identified at Mojardina South
Mineralisation identified at Mojardina South A new zone of mineralistion has been identified at the southern extents of the Mojardina structure For personal use only Planned Drill holes Las Animas Las Animas Mineralisation open at depth and along strike Evangelina Mineralisation open at depth and al
Slide 19: Jesus Maria Prospect…showing promise
Jesus Maria Prospect…showing promise 2014/2015 – Diamond drilling For personal use only 5 holes for 1,382m at an average depth of 276m confirmed high grade (>300 g/t Ag) nature of Jesus Maria. 2015/2016 – Diamond Saw Trenching Objective to determine grades in the central part of the Jesus Maria
Slide 20: La Plata – a third competing prospect?
La Plata – a third competing prospect? La Plata For personal use only A new mineralised zone sitting 2km to the north of Jesus Maria Previous Works Historically mapped as a narrow vein but recent work during the March quarter suggests a wider occurrence of mineralisation than previously thought.
Slide 21: Cuitaboca – Regional Works
Cuitaboca – Regional Works For personal use only Primary Targets ➢ La Lupita ➢ La Piedrita Geological Occurrence ➢ Located at higher elevations in geological sequence San Jose De Gracia ➢ Indications of epithermal gold mineralisation similar to San Jose De Gracia mine (15km SE) ➢ Relatively less
Slide 22: Cuitaboca – Regional works (recent workings)
Cuitaboca – Regional works (recent workings) Significant Diamond sawn channels across the For personal use only Lupita Prospect included: ➢ 7m @ 161 g/t Ag, 0.66% Pb + 0.82% Zn including 5m @ 222 g/t Ag, 0.83% Pb + 1.4% Zn (LUTR_05) ➢ 1.1m @ 158 g/t Ag, 2.3% Pb + 1.62% Zn (LUTR_07) ➢ 2.9m @ 281 g/
Slide 23: Santana Minerals – Investment proposition
Santana Minerals – Investment proposition A compelling investment proposition…. For personal use only Management/Technical team with a track record of exploration success and value creation in Mexico precious metals Multiple prospects across a highly prospective tenement package on a world-cla
Slide 24: For further information contact
www.santanaminerals.com For personal use only For further information contact: Tony McDonald Cameron Peacock Managing Director Investor Relations & Business Development + 61 417 726 364 or + 61 439 908 732 or tmcdonald@santanaminerals.com cpeacock@santanaminerals.com
Slide 25: Gallery
25 For personal use only Gallery
Slide 26: Mojardina Prospect… rock chip samples
Mojardina Prospect… rock chip samples For personal use only RC16CT-03 (61-80m)….25m@222g/t Ag from 47m RC16CT-21 (21-40m)….14m@453g/t Ag from 21m 26
Slide 27: Geology – Mineralisation
Geology – Mineralisation For personal use only Example of Epithermal mineralisation with Silver Gold sulphide banding. Typical geological occurrence within an andesite host rock 27
Slide 28: Geology – Mineralisation
Geology – Mineralisation For personal use only Quartz breccia trench sample. Brecciated veining from surrounding wall rock Quartz calcite the predominant transport medium for silver mineralisation Galena veining – a typical host for silver mineralisation Gangue mineralisation………. 28
Slide 29: Geology – Mineralisation
Geology – Mineralisation For personal use only Brecciated veining from surrounding wall rock Standard Epithermal laminated sulphide, quartz, host rock vein set. Galena veining – a typical host for silver mineralisation Gangue mineralisation Typical vein system from Colateral – Jesus Maria Structure
Slide 30: Geology – Mineralisation
Geology – Mineralisation For personal use only Standard epithermal quartz zone Standard Quartz Breccia Oxidised veining Standard Quartz Breccia with wall rock clasts 30