St. George Mining Ltd. · ASX:SGQ
St. George Mining — Emergence 2020 Conference
27 slides from St. George Mining's conference presentation, Feb 26, 2020
Slide 1: ASX Media Release: Presentation – Emergence 2020 Conference
ASX / MEDIA RELEASE 26 February 2020 For personal use only PRESENTATION – EMERGENCE 2020 CONFERENCE St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is participating in the Emergence 2020 Conference in Sydney today. A copy of the Investor Presentation for the Conference is attached
Slide 2: Commodities for our Future: Nickel-Copper Sulphide Discovery
Commodities for our Future: Nickel-Copper Sulphide Discovery For personal use only ST GEORGE MINING LIMITED ACN 139 308 973 ASX: SGQ Emergence 2020 Presentation – 26 February 2020
Slide 3: Nickel Sulphide: A future facing commodity
Nickel Sulphide A future facing commodity Elon Musk, CEO of Tesla on lithium-ion batteries: For personal use only “….lithium is 2% of the cell mass of our batteries……….. really, our batteries should be called nickel graphite batteries as they are mostly nickel and graphite ….” Elon Musk interviewed
Slide 4: Electric Vehicles: Nickel rich battery chemistry is preferred
Electric Vehicles Nickel rich battery chemistry is preferred Nickel-based cathodes are increasingly preferred as they have greater energy density and For personal use only improve battery performance and range. NCM (811) and NCA batteries – which contain 70 to 80% nickel – will be in 80% of EV’s by
Slide 5: EV Megatrend: Tipping point for mass adoption is approaching
EV Megatrend Tipping point for mass adoption is approaching • EV sales accelerating with lower cost and increased regulation For personal use only • Disruptive technologies follow a similar growth path – several years of nurturing the market followed by exponential growth Subsidies and regulation ar
Slide 6: Investment Case for Nickel
Investment Case for Nickel Mining is the cheapest way to play the EV theme For personal use only “One of the most important global trends over the next decade and beyond will be the electrification of mobility, which will have massive ramifications for autos, batteries and the entire upstream batter
Slide 7: St George – Value Proposition
For personal use only St George – Value Proposition ASX: SGQ | St George Mining Limited 26 February 2020 6
Slide 8: St George Mining Limited: Growth Nickel Company
St George Mining Limited Growth Nickel Company Our Vision: To create long term shareholder value For personal use only Our Strategy: To deliver a high-margin nickel mine in Western Australia Our Success: Standout discovery of nickel-copper-cobalt-PGEs at shallow depth in WA’s Goldfields Our Timing:
Slide 9: Primed to Deliver Value
Primed to Deliver Value High-grade discoveries in a great location For personal use only Mt Alexander – St George’s Flagship Nickel-Copper Sulphide Project Massive sulphide mineralisation discovered Growing nickel inventory - four high-grade 30m from surface and open at depth discoveries with new ta
Slide 10: Corporate Overview
Corporate Overview Listed on the ASX – code SGQ For personal use only Market Capitalisation Directors and Management – Listed Shares (25 Feb 2020) Vision and Experience for Success A$41m 412,611,265 John PRINEAS, Executive Chairman – founding shareholder with over 25 years experience in mining, and
Slide 11: Share Price Performance
Share Price Performance Highly leveraged to nickel price and newsflow SGQ 52-week price Nickel 52-week price For personal use only H: A$0.245 L: A$0.100 H: US$18,475/t L: US$11,655/t 24 Ni US$20,000/t $0.30 New discovery of massive Ni-Cu 20 $0.25 SGQ share price poised for Ni US$15,000/t potential i
Slide 12: Nickel Market Dynamics
For personal use only Nickel Market Dynamics ASX: SGQ | St George Mining Limited 26 February 2020 11
Slide 13: Nickel Outlook: Acceleration of Market Growth
Nickel Outlook Acceleration of Market Growth 3,000 Market doubled from 1995 to 2016 – For personal use only Nickel Production and Consumption • CAGR 5.8% over 1 million tonnes added – with demand from Chinese economic boom 2,500 Production (kt) CAGR 3.1% during Consumption (kt) 2000-15 Chinese Boom
Slide 14: Electric Vehicle Demand: Reshaping the nickel market
Electric Vehicle Demand Reshaping the nickel market Traditional demand from stainless steel For personal use only continues to grow at circa. 4-5% p.a. Megatrend in EV and energy storage will see unprecedented demand for Class 1 nickel - i.e. 2,000 kt from sulphide and high quality HPAL plants E
Slide 15: Nickel Price Outlook: The next boom is forming
Nickel Price Outlook The next boom is forming $40,000 For personal use only Ni Price 2019$/t 100-year Average Upturn $35,000 Downturn Potential Boom $30,000 Consensus Forecast Feb 2020 • Price history shows China Potential Boom boom and bust cycles Nickel Price (2019 US$/t) Inflation adjusted Boom ?
Slide 16: High-Grade Discovery at Mt Alexander
For personal use only High-Grade Discovery at Mt Alexander ASX: SGQ | St George Mining Limited 26 February 2020 15
Slide 17: Cathedrals Belt: Exceptional Discovery
Cathedrals Belt Exceptional Discovery For personal use only Mineralisation from shallow depths • Massive sulphide mineralisation 30m from surface • Intrusive system with potential for significant mineralisation at depth – geological setting similar to large North American mines like Raglan and Eagle
Slide 18: World Class Address
World Class Address Next to the majors’ backyard Established Nickel Mining Region For personal use only Tier 1 mining jurisdiction Western Australia Near major nickel operations, including BHP’s flagship nickel mines Adjacent to Agnew-Wiluna Belt, the most productive nickel belt in WA Foundation for
Slide 19: Large Project Area
Large Project Area +200 sq km tenement package with two proven fertile belts For personal use only Cathedrals Belt East-northeast oriented belt High-grade discoveries at Investigators, Stricklands, Cathedrals and Radar Other sections of the +16km belt are underexplored but highly prospective Potenti
Slide 20: Emerging Nickel Camp
Emerging Nickel Camp Four high-grade nickel-copper sulphide discoveries…. and counting For personal use only Shallow deposits discovered at Investigators, Stricklands, Cathedrals and Radar over a 5.5km strike length of the Cathedrals Belt – mineralisation remains open down-plunge EM surveys underway
Slide 21: 2020 Work Programme
2020 Work Programme Expanding known deposits and making new discoveries For personal use only Resource Definition: Resource drill-out of shallow deposits at Stricklands, Cathedrals and Investigators Deeper Drilling: Continue testing targets down-plunge of shallow deposits Test underneath extensive g
Slide 22: Project Development
For personal use only Project Development ASX: SGQ | St George Mining Limited 26 February 2020 21
Slide 23: Advancing Towards a Mine: Scoping study initiated
Advancing Towards a Mine Scoping study initiated Scoping study to assess a potential mining proposal for Mt For personal use only Alexander is underway: • Environmental studies have commenced • Additional consultants to be appointed soon Preliminary Metallurgical Testwork: High Recoveries from Ore:
Slide 24: Opportunity for Low Cost/High Margin Project
Opportunity for Low Cost/ High Margin Project Key project features support favourable project economics For personal use only which will be assessed by scoping/feasibility studies Shallow Mineralisation: The location and quality of the Mt Alexander Project presents: Low cost drilling Multiple pote
Slide 25: St George Mining Limited
St George Mining Limited For personal use only Creating shareholder value through the development of a high-grade nickel-copper sulphide project in the heart of Western Australia’s Goldfields. Photo: Diamond drilling at Mt Alexander for St George Mining by DDH1 Drilling ASX: SGQ | St George Mining L
Slide 26: Competent Person Statement
Competent Person Statement For personal use only The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Dave O’Neill, a Competent Person who is a Member of The Australasian Institute of Mining
Slide 27: St George Mining Limited
For personal use only ST GEORGE MINING LIMITED ACN 139 308 973 ASX: SGQ