St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (March 2024)
18 slides from St. George Mining's investor presentation, Mar 25, 2024
Slide 1: Future Facing Commodities Conference, Singapore
Future Facing Commodities Conference, Singapore 25 March 2024 ST GEORGE MINING LIMITED ACN 139 308 973 | ASX: SGQ
Slide 2: Why St George Mining?
Why St George Mining ? Our clear business strategy to create value Exposure to multiple future facing metals: • Rare earths and lithium are our priority focus – discoveries already made • Copper and nickel sulphide exploration projects as well Tier 1 mining jurisdiction: • All projects in Western Au
Slide 3: Right time in the cycle
Right time in the cycle Positioned for high multiplier returns Discovery focus: • Exploration for the discovery of major mineral deposits • Portfolio of highly prospective, underexplored projects along strike from existing mines and deposits • St George is positioned in the high value Discovery stag
Slide 4: Projects in Tier 1 WA
Projects in Tier 1 WA Multiple projects for future facing commodities Rare earths: • +70km of prospective ground with high-grade discovery already confirmed along 10km-long clay zone Lithium: • Projects in the ‘lithium super province’ – located near spodumene producing mines and/or lithium deposits
Slide 5: Destiny Project
Destiny Project High-grade rare earths discovery ASX: SGQ | St George Mining Limited March 2024 5
Slide 6: Clay-hosted REE discovery
Clay-hosted REE discovery District scale potential Clay-hosted mineralisation starts from surface: • Grades up to 5,125ppm TREO (Total Rare Earth Oxide) • Drilling has confirmed REE mineralisation along a 10km strike, with +70km of prospective stratigraphy untested along major Ida Fault • Mineralise
Slide 7: Drill Hole Intercept
Drill Hole Intercept WGAC0026 30m @ 1,885ppm TREO, 399ppm MREO from 20m including 2m @ 5,125ppm TREO, 1,199ppm MREO from 32m WGAC0030 42m @ 1,832ppm TREO, 351ppm MREO from 12m including • Widespread high-grade REE 14m @ 2,622ppm TREO, 515ppm from 38m mineralisation over 15 sq km WGAC0057 34m @ 1,363
Slide 8: Favourable market dynamics for REE
Favourable market dynamics for REE Diversifying supply is critical Use of REE in renewable energy and electronics is surging – strong demand outlook with NdPr demand doubling by 2035 Incentive price increasing to encourage new mines – Government support to diversify global supply chain Chart 1: Glob
Slide 9: Mt Alexander Project
Mt Alexander Project High-grade lithium discovery ASX: SGQ | St George Mining Limited March 2024 9
Slide 10: New lithium province
New lithium province St George’s strategic landholding Dominant player in new lithium province: • St George holds a large part of the new Mt Ida Lithium Province including +16km contact with the Copperfield Granite (source of lithium bearing pegmatites) • High-priority exploration ground Surrounded
Slide 11: High-grade lithium discovery
High-grade lithium discovery Widespread pegmatites Widespread pegmatites: • More than 500 pegmatite outcrops being explored • Favourable K:Rb (potassium: rubidium) ratio in pegmatites supports prospectivity for lithium mineralisation Drilling confirms lithium-bearing pegmatite system: • High-grade l
Slide 12: Lithium Star
Lithium Star A new arm of St George with 7 exciting lithium projects in WA ASX: SGQ | St George Mining Limited March 2024 12
Slide 13: Lithium Star
Lithium Star New projects in ‘lithium super province’ Seven new lithium projects: • Myuna Rocks (see map on right), Split Rock, Buningonia, Buningonia North, Ten Mile West, Carnamah, Lindville • Extensive exploration and drilling programmes scheduled for 2024 to target a new discovery JV with ATL: •
Slide 14: Ajana Project
Ajana Project Early success with base metals discovery ASX: SGQ | St George Mining Limited March 2024 14
Slide 15: Underexplored mineral province
Underexplored mineral province Ni-Cu-PGE and Lithium potential Large scale mineral potential: • Granted exploration licences and applications (100% St George) total >580 sq km • St George targets include a >20km long interpreted intrusive complex with potential for Ni-Cu-PGE Early exploration succes
Slide 16: Corporate Overview
Corporate Overview Leadership with Vision and Experience for Success John PRINEAS, Executive Chairman – founding shareholder with over 25 years’ experience in mining, and banking servicing the resources industry. Market Cap (22 March 2024) Listed Shares John DAWSON, Non-Executive Director – over 30
Slide 17: Discovery and growth opportunities across multiple projects
Discovery and growth opportunities across multiple projects ASX: SGQ | St George Mining Limited March 2024 17
Slide 18: Forward looking statements and disclosures
Forward looking statements and disclosures 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 Mahon, a Competent Person who is a Member of The Australian Institute of Geoscientists. Mr
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