S2 Resources Ltd. · ASX:S2R
S2 Resources — RIU Resources Roundup 2017
17 slides from S2 Resources's conference presentation, May 10, 2017
Slide 1: Exploration update
Exploration update RIU Resources Roundup, Sydney, 10th May 2017
Slide 2: Competent person and forward looking statement
Competent person and forward looking statement This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This pr
Slide 3: Snapshot
Snapshot Strategic ground position in the prospective Central Lapland Greenstone Belt, Finland • Early mover and significant ground holder in Central Lapland Greenstone Belt (CLGB) of Finland • Under-explored ground near to Europe’s biggest gold mine – Agnico Eagle’s 7.7 million ounce Kittila mine,
Slide 4: Central Lapland Greenstone Belt, Finland – Europe’s sleeper?
Central Lapland Greenstone Belt, Finland – Europe’s sleeper? S2 has spent 2 years consolidating ground and is a major tenure holder in this emerging province The region hosts Agnico Eagle’s 7.7Moz Kittila gold mine, Anglo American’s world class Sakatti Cu-Ni- PGE deposit, and Boliden’s Kevitsa Ni-Cu
Slide 5: Skellefte, Sweden: VMS target model
Skellefte, Sweden: VMS target model Idealised felsic VMS deposit, after zone refining (separation and enhancement of layers) by “stewing in its own juices” But before burial, metamorphism and deformation Present day mineralogy and geometry strongly modified from this by metamorphism and deformation
Slide 6: Skellefte, Sweden: a world class VMS camp
Skellefte, Sweden: a world class VMS camp • World class gold-base metal VMS camp with major mines (Boliden, Renstrom, Kristineberg), hungry concentrator, smelter, port, infrastructure • Similar to the Abitibi belt, with little outcrop, and limited effective, systematic modern exploration under cover
Slide 7: Skellefte, Sweden: over 100 anomalies in first ever VTEM surveys
Skellefte, Sweden: over 100 anomalies in first ever VTEM surveys 9 tested so far: intersected massive pyrite, pyrrhotite, variable grade zinc and copper – very fertile
Slide 8: Skellefte, Sweden: central area overview
Skellefte, Sweden: central area overview Multiple mineralized trends, each with multiple occurrences of anomalies, prospects, deposits and mines
Slide 9: Skellefte, Sweden: Bjurtraskgruvan detail
Skellefte, Sweden: Bjurtraskgruvan detail Most recent hole is thickest copper intercept yet, and is 135m down plunge from last hole & 430m down plunge from outcrop Fixed loop EM survey defines large conductor extending a further 470m down plunge from this hole, for a total plunge extent of 900m – so
Slide 10: Skellefte, Sweden: historic drilling at Skaggtraskberget
Skellefte, Sweden: historic drilling at Skaggtraskberget 350 metre long prospective corridor with limited shallow mainly 1930’s drilling
Slide 11: Polar Bear – a strategic position in WA’s Eastern Goldfields
Polar Bear – a strategic position in WA’s Eastern Goldfields A large unexplored ground holding in the heart of the Western Australian goldfields, on trend from major gold mines * Refer to resources slides and relevant ASX announcements for details
Slide 12: Polar Bear – Baloo-Nanook trend only just scratched
Polar Bear – Baloo-Nanook trend only just scratched 10 kilometre long prospective corridor with three gold hotspots in wide spaced shallow aircore drilling 348,000oz gold resources delineated to date at Baloo and Nanook Long projection of the Baloo–Nanook shear zone showing extent and depth of drill
Slide 13: Baloo - near surface resource and deeper exploration
Baloo - near surface resource and deeper exploration Upper 100 vertical metres: Area of Indicated Resource High ounces per vertical metre relevant to potential open pit (500-1,500) from just 2 metres below surface Mainly oxide material Mainly Indicated category Thick, open pit friendly shape Good me
Slide 14: Baloo – deeper drilling expands resource
Baloo – deeper drilling expands resource Below 100 vertical metres: Mainly primary material Mainly Inferred category due to wide drill spacing Variable width shear zone Thickest in deepest holes (14 metres) Open down plunge to the south Chasing the scent Baloo Mineral Resource is reported to JORC 20
Slide 15: Experienced Board – all bases covered
Experienced Board – all bases covered Jeff Dowling - Non-executive Chairman • 40 year career in financial sector as an accountant and former managing partner with Ernst & Young in Australia • Extensive experience in corporate finance and transactions, and company management • Former director of Atla
Slide 16: The cash, assets & shareholder support to execute
The cash, assets & shareholder support to execute Close of Close of S2 shareholder groups Measure: trading on trading Change Shares on issue 246.1m listing 8/5/17 A$0.025 Options on issue Share price A$0.16 A$0.185 41.1m (15%) up 29.7% (average exercise price A$0.39) A$33 A$45.5 A$12.5 million 50.8%
Slide 17: Fully funded with A$19.3 million cash
• Fully funded with A$19.3 million cash • Strategic land position in latest global gold hotspot (Finland) • Discovering VMS mineralization in world class VMS belt (Sweden) • Building gold resource inventory in the Eastern Goldfields (Australia) RIU Resources Roundup, Sydney, 10th May 2017