Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (May 2020)
15 slides from Saturn Metals's investor presentation, May 8, 2020
Slide 1: Next Generation Gold Company in a Multi Million Ounce Province
Next Generation Gold Company in a Multi Million Ounce Province For personal use only Investor Presentation ASX:STN Ian Bamborough Managing Director www.saturnmetals.com.au 7 May 2020
Slide 2: Apollo Hill 'Greater' Gold Project: Overview, Location and Tenure
Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure ASX:STN For personal use only • 60km south-east of Leonora in Western Australia in world class multi million-ounce gold province close to existing gold infrastructure • Centred around the current 781,000oz JORC Mineral Resource Indicat
Slide 3: Corporate Snapshot: Well Funded – Strong Register
Corporate Snapshot Well Funded – Strong Register ASX:STN Share Price Since Listing in March 2018 Substantial Shareholders 5 May 2020 For personal use only Peel Mining Limited 23.7% Wythenshawe and Associates 8.8% Funds 18.1% Directors and Management 3.1% Top 20 63% Corporate Metrics Funds (31 March
Slide 4: Apollo Hill – Resource Upgrade (781koz Au)
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A Significant Increase For personal use only – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 24.5 Mt @ 1.0g/t Au for 781,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow
Slide 5: Apollo Hill – Higher Grade Hanging-wall Open for Expansion
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade Hanging-wall Open for Expansion For personal use only • Hanging-wall drilled system still sparsely • Open down plunge, along strike and to the east • Near surface improved grade makes for excellent drill targets The models
Slide 6: Recent Excellent Drill Results
Recent Excellent Drill Results Early 2020 ASX:STN New 5,000m drill phase • High grade step out and extensional results underway to target high include: For personal use only grade veins sets in 8m @ 12.9g/t Au from 126m within hanging wall step outs 14m @ 7.75g/t Au from 120m, and; 5m @ 8.03g/t Au f
Slide 7: Robust Repeatable High-Grade Intersections
Robust Repeatable High-Grade Intersections 12m @ 9.98g/t Au 8m @ 12.9g/t Au from ABIM Solutions Optical ASX:STN from 269m 126m (AHRC0330) Televiewer interpretation and image For personal use only (AHRC0312) *Intersections approximately 100m apart vertically and horizontally www.saturnmetals.com.au 7
Slide 8: Drilling Underway – Results Confirm Big Picture
Drilling Underway – Results Confirm Big Picture Step out holes test the high-grade picture – assays pending ASX:STN For personal use only • Chemistry in hanging-wall dolerites is improving grade • System now 500m wide • Drilling and results significantly outside of Resource • 5,000m RC program under
Slide 9: Metallurgical test work has shown excellent gold extraction characteristics
Metallurgical test work has shown excellent gold extraction characteristics for easily recoverable gold Data collected with GeoCore X10 CONVENTIONAL AND GRAVITY ASX:STN • More than 60% recovery by gravity Grey Green For personal use only • Greater than 92% gold recovery conventional (at only 300 µm
Slide 10: Satellite Prospect – Calypso: Potential for a Significant High-Grade Discovery
Satellite Prospect – Calypso Potential for a Significant High-Grade Discovery ASX:STN For personal use only • New RC intercept of 9m @ 8.67g/t Au from 116m inc. 3m @ 24.6g/t Au – BBRC0003a • Only 3.5km NE of Apollo Hill • Follows up on significant Aircore intercept of 10m @ 9.8g/t Au from 89m – PHA0
Slide 11: Satellite Prospect – Calypso: Camp Scale Opportunity
Satellite Prospect – Calypso Structural Interpretation could highlight a Camp Scale Opportunity ASX:STN For personal use only • Open along strike • New important trends recognised at: • Eros • Calypso • Hangingwall • Eagle Eye • 5,000m of follow up Aircore and RC drilling planned to test camp scale
Slide 12: Regional Potential
Regional Potential Under Cover and Minimal Exploration Opportunity along strike under cover – ASX:STN sparse drilling; more drilling planned • +1,000km2 of Greenfields land package starting to yield results For personal use only Saturn Metals Limited Tenements Drill holes Apollo Hill Resource Lake C
Slide 13: Growth
Growth A simple, single pit with potential to encompass all the growing Mineral Resource ASX:STN For personal use only • Mineralisation from 1.7km surface 450m Wide Mineralised Corridor • Expanding width • Single Large Deposit Open Planned during the Quarter • 5,000m of RC drilling targeting high gr
Slide 14: West Wyalong Joint Venture Agreement
West Wyalong Joint Venture Agreement High Grade Vein Opportunity in Tier 1 Australian Gold Provence ASX:STN • Production from the West Wyalong Goldfield, 1894 and 1915, ~439,000 oz Au at 36g/t Aua1 For personal use only • West Wyalong mines are shallow by current standards and mineralisation is open
Slide 15: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements ASX:STN The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons