St. George Mining Ltd. · ASX:SGQ
St. George Mining — Battery Metals Conference, Perth 2019
28 slides from St. George Mining's conference presentation, Mar 21, 2019
Slide 1: ASX / Media Release: Presentation – Battery Metals Conference, Perth
ASX / MEDIA RELEASE 21 March 2019 For personal use only PRESENTATION – BATTERY METALS CONFERENCE, PERTH St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is presenting at the Battery Metals Conference in Perth today. A copy of the Presentation for the Conference is attached. The Pre
Slide 2: Building a High-Grade Nickel Sulphide Inventory in Western Australia
Building a High-Grade Nickel Sulphide Inventory in Western Australia For personal use only Battery Metals Conference, Perth 20 and 21 March 2019 ASX: SGQ
Slide 3: Growth Nickel Stock
Growth Nickel Stock Creating Shareholder Value through Exploration Success Growth Focused Nickel Sulphide Explorer/Developer: For personal use only Outstanding discovery of high-grade nickel-copper-cobalt-PGEs at Mt Alexander Drilling continues to expand the footprint of mineralisation Located
Slide 4: Nickel Market Outlook
Nickel Market Outlook Nickel is a Essential to the EV and Battery Revolution For personal use only Compelling Scenario for Sustainable Price Increases: Demand for battery grade nickel predicted to increase 10x over next 10 years Stockpiles falling rapidly; deficits increasing Incentive price f
Slide 5: Corporate Overview
Corporate Overview St George is listed on the ASX: For personal use only Listed shares (SGQ): 298,116,211 Directors and Management with a Track Record of Success Listed options (SGQOB): 24,579,714 SGQOB - exercise price of 20c, expire 30 Sept 2020. John PRINEAS, Executive Chairman – founding shareho
Slide 6: Nickel Market Dynamics
For personal use only Nickel Market Dynamics 5
Slide 7: A Small Number of Global Players
A Small Number of Global Players WA Is a Critical Source of Nickel Sulphide • WA has been a major global producer of high- For personal use only grade nickel sulphide for several decades BUT production is falling 2018 – Global Nickel Sulphide New discoveries are needed for WA to • maintain global po
Slide 8: Electric Revolution
Electric Revolution Investment Thematic “One of the most important global trends over the next decade and beyond will be the For personal use only electrification of mobility, which will have massive ramifications for autos, batteries and the entire upstream battery supply chain.” “We see the miners
Slide 9: Supply Challenge
Supply Challenge Reserves are Falling For personal use only Nickel faces the biggest supply challenge of all battery metals: • Reserves are falling • Reserve life is lowest of all battery metals Nickel price needs to rise to incentive price – US$21,000/t – to generate investment in new project 8
Slide 10: EV Demand
EV Demand Big impact on nickel For personal use only Left: Nickel demand will far exceed nickel production in any scenario of EV adoption LMO/LTO NMC 811 NCA NMC 532/622 NMC 111 Right: Nickel price will rise significantly in all scenarios of EV adoption Market Impact: BHP announces that 90% of nicke
Slide 11: Nickel Price Outlook
Nickel Price Outlook Sustainable Price Increases LME and SHFE stocks have fallen For personal use only steadily from 370 kt in December 2017 to below 200 kt today Clear upswing in nickel price driven by: Cyclical growth in demand plus structural change Traditional stainless steel demand for nick
Slide 12: High-Grade Discovery at Mt Alexander
For personal use only High-Grade Discovery at Mt Alexander 11
Slide 13: World Class Address
World Class Address For personal use only Favourable Location: • Located S-SW of world class nickel and gold mines of the Agnew-Wiluna Belt • Close to infrastructure, processing plants, mining workforce & service industry • Suitable and reliable jurisdiction The Cathedrals, Stricklands and Investiga
Slide 14: Large Mineral System
Large Mineral System • 200 sq km tenement package with multiple For personal use only discoveries and targets • Potential to establish a nickel camp with several deposits • Cathedrals Belt: East-northeast oriented belt Three discoveries – the Investigators, Stricklands and Cathedrals Prospects –
Slide 15: Exceptional Nickel-Copper Sulphide Discovery
Exceptional Nickel-Copper Sulphide Discovery For personal use only Cathedrals Belt Discovery at Shallow Depths: • Massive sulphide mineralisation 30m from surface • Intrusive system with potential for significant mineralisation at depth High Grade and Polymetallic: • Nickel sulphide plus copper, cob
Slide 16: Grade is King
Grade is King Wide intersections of high-grade Ni-Cu-Co-PGEs For personal use only MAD71 (Stricklands Prospect): 17.45m @ 3.01%Ni, 1.31%Cu, 0.13%Co and 1.68g/t total PGEs from 37.45m, including 5.3m @ 4.39%Ni, 1.45%Cu, 0.21%Co and 2.09g/t total PGEs from 39.3m; and 2.02m @ 5.05%Ni, 2.01%Cu, 0.21%Co
Slide 17: Extensions of High-Grade Mineralisation
For personal use only Extensions of High-Grade Mineralisation 16
Slide 18: Investigators Prospect
Investigators Prospect Unlocking a Major Mineralised System • High powered SAMSON electromagnetic (EM) survey identifies large areas of EM conductivity For personal use only indicating potential for extensive sulphide mineralisation over an east-west strike of 1.5km • Mineralised ultramafic unit dip
Slide 19: Plunge Increased by Latest Drilling
Plunge Increased by Latest Drilling Drilling and downhole EM surveys used concurrently to identify more high-grade mineralisation at depth For personal use only • MAD60 Line (approx. 231225E) high-grade mineralisation starts at 30m below surface and has a plunge strike of 380m • High-grade mineralis
Slide 20: 2019 Drilling Commences
2019 Drilling Commences Major RC drill programme underway – increased from +5,500m to +8,000m with a second drill rig mobilising to site • Infill and extensional drilling planned for the Investigators Prospect to support resource definition For personal use only • First ever drilling of the interpre
Slide 21: Fairbridge Prospect
Fairbridge Prospect Highly Chargeable Anomalies • Chargeable anomalies may be associated with sulphide gossans at surface and/or the massive nickel- For personal use only copper sulphides discovered at the adjacent Cathedrals and Stricklands Prospects • Early results confirm nickel sulphide minerali
Slide 22: Mt Alexander Belt
Mt Alexander Belt Mt Alexander Belt is north-northwest trending For personal use only with a strike of 7km Historical drilling has intersected widespread nickel sulphides including massive sulphides The priority area on the Mt Alexander Belt is the Sultans Prospect where two drill holes have i
Slide 23: Project Development
For personal use only Project Development 22
Slide 24: Metallurgical Testwork
Metallurgical Testwork High Recoveries from Ore: For personal use only • >99% recoveries of Ni and Cu to concentrates from preliminary testwork on massive sulphides Clean Concentrate: • No deleterious elements like MgO, talc or arsenic Standard Flotation: • Separate nickel and copper concentrates pr
Slide 25: Opportunity for Low Cost/High Margin Project
Opportunity for Low Cost/ High Margin Project For personal use only Key project features support favourable project The location and quality of the Mt economics which will be assessed by Alexander Project presents: scoping/feasibility studies Multiple potential development and processing options (
Slide 26: 2019 – Growth Initiatives
2019 – Growth Initiatives Building a Resource Inventory For personal use only Resource Definition: • Continue extensional and infill drilling to support delineation of a resource estimate Review Mining Potential: • Initiate studies to assess the potential for a low cost/high margin mining operation
Slide 27: St George: Creating Shareholder Value through Exploration Success
St George: For personal use only Creating Shareholder Value through Exploration Success GROWTH FOCUSED NICKEL SULPHIDE EXPLORER/DEVELOPER: Outstanding discovery of high-grade nickel-copper-cobalt-PGEs at Mt Alexander Drilling continues to expand the footprint of mineralisation Located in one o
Slide 28: Disclaimer
DISCLAIMER: Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates a
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