S2 Resources Ltd. · ASX:S2R
S2 Resources — Bell Potter Unearthed Conference 2024
24 slides from S2 Resources's conference presentation, Feb 12, 2024
Slide 1: Bell Potter Unearthed Conference
Bell Potter Unearthed Conference 12 February 2024
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: This Is What We Do – We Dare!
THIS IS WHAT WE DO – WE DARE! We DARE to seek BIG discoveries to create value We don’t dress up or rebadge old assets, or chase commodity bandwagons We explore - if our targets don’t deliver we walk and find others If our discoveries don’t make the grade we monetise and move on - by sale for cash to
Slide 4: The Template - Sirius
THE TEMPLATE - SIRIUS The leverage of discovery transcends equity markets and commodity prices – and a BIG one has BIG leverage In an exploration bear market… Takeover offer Taipan drill intercept In a falling nickel price market… Bollinger discovery Market cap: from A$7M to A$1.8B - 257x / 25,700%
Slide 5: S2 - Sirius
S2 - SIRIUS 2 • Founding managing director and CEO of Sirius Resources and S2 Resources • PhD qualified geologist with >30 years experience Mark Bennett Executive Chairman • Two-time winner of the “Prospector of the Year” award – for discovery of Thunderbox, Waterloo & Nova- Bollinger mines, and 201
Slide 6: S2 Corporate Metrics
S2 CORPORATE METRICS SHAREHOLDERS Insiders, 3.4% Creasy, 14.9% Other, 51.8% Insto's, 28.9% Corporate, 1.0% TOP 20 HOLDERS: 55% WELL FUNDED CAPITAL STRUCTURE NOTES Cash1 A$9.02M Shares on issue 451.86M 1. Cash at 31st December 2023 2. 75.2M shares in Trinex Minerals (ASX:TX3) @ A$0.005/share TX3 shar
Slide 7: Project Locations
PROJECT LOCATIONS cor S2 Resources +Nicke-PGE sold O HoBarT ASX:S2R www.s2@resources.com.au
Slide 8: Greater Fosterville: Block 4 Granted to S2 – Drilling Started
GREATER FOSTERVILLE (S2 100%) BLOCK 4 GRANTED TO S2 – DRILLING STARTED 8
Slide 9: Greater Fosterville: The Tender Blocks and the Importance of Block 4
GREATER FOSTERVILLE (S2 100%) THE 4 TENDER BLOCKS – AND THE IMPORTANCE OF BLOCK 4 N AGNICO MINING LEASE 9
Slide 10: Greater Fosterville: Searching for Another Swan Zone
GREATER FOSTERVILLE (S2 100%) SEARCHING FOR ANOTHER SWAN ZONE WITH FREE DATA AND MINE INSIGHTS Idealised cross section of controls on Swan-style gold mineralisation and saddle reefs 3D isometric block diagram showing schematic targets and schematic planned drilling Actual cross section of the Swan z
Slide 11: Greater Fosterville: Goornong Prospect First Cab Off the Rank
GREATER FOSTERVILLE (S2 100%) GRANTED LATE 2023, GOORNONG PROSPECT FIRST CAB OFF THE RANK The most obvious place to start is where Kirkland Lake left off At Goornong a favourable target zone is interpreted to plunge south from a historic oxide resource The target comprises a south plunging corridor
Slide 12: Goornong Prospect - First Holes Completed, Assays Pending
GREATER FOSTERVILLE (S2 100%) GOORNONG PROSPECT - FIRST 6 HOLES COMPLETED, ASSAYS PENDING Assays awaited for bottom part of hole SFVD0003 and all of hole SFVD0005 Hole SFVD0006 underway Next steps: Hole SFVD0004 (halted due to flooding) will resume next week Cross Assess assay results and plan follo
Slide 13: Goornong Prospect - First Holes Completed, Assays Pending
GREATER FOSTERVILLE (S2 100%) GOORNONG PROSPECT - FIRST 6 HOLES COMPLETED, ASSAYS PENDING North-looking cross section of anticline, showing projection of hole SFVD0005 Note SFVD0005 is angled to the north and dips out of plane of projection SFVD0005 was drilled down the axial plane of the anticline
Slide 14: Glenlogan: Outstanding Copper-Gold Target
GLENLOGAN (S2 EARNING 70%) AN OUTSTANDING COPPER-GOLD TARGET IN THE LAND OF THE GIANTS 6km 14
Slide 15: Glenlogan: Outstanding Copper-Gold Target
GLENLOGAN (S2 EARNING 70%) AN OUTSTANDING COPPER-GOLD TARGET IN THE LAND OF THE GIANTS S2 can earn a 70% interest by spending A$6 million in 5 years Project is located in the Lachlan Fold Belt of central NSW District contains multiple Tier 1 copper and/or gold mines with a combined known endowment o
Slide 16: Glenlogan: Outstanding Copper-Gold Target
GLENLOGAN (S2 EARNING 70%) AN OUTSTANDING COPPER-GOLD TARGET IN THE LAND OF THE GIANTS A B 6km Reduced-to-the pole magnetics showing bullseye high with peripheral low 3D mag inversion model sits within interpreted Ordovician but pre-Silurian, so implies correct age for Cadia-Ridgeway style intrusion
Slide 17: Glenlogan: Outstanding Copper-Gold Target
GLENLOGAN (S2 EARNING 70%) AN OUTSTANDING COPPER-GOLD TARGET IN THE LAND OF THE GIANTS Logged monzonite Logged chlorite- Depth to bedrock: intrusives at end of hole sericite alteration in deeper weathering over monzonite and rhyolite more altered rocks? Independent lines of evidence are consistent w
Slide 18: Warraweena: Most Anomalous Heavy Mineral Sample in Australia
WARRAWEENA (S2 EARNING 70%) THE MOST ANOMALOUS HEAVY MINERAL SAMPLE IN AUSTRALIA Recently published Heavy The sample collected in the Mineral Map of Australia Warraweena drainage showing the concentration catchment contains 10x of pentlandite, chalcopyrite more pentlandite and the and sphalerite in
Slide 19: Warraweena: Most Anomalous Heavy Mineral Sample in Australia
WARRAWEENA (S2 EARNING 70%) THE MOST ANOMALOUS HEAVY MINERAL SAMPLE IN AUSTRALIA S2 can earn a 70% interest in EL9269 by spending A$2.7 million by July 2027 Surrounding EL applications are 100% S2 The bedrock geology is concealed beneath alluvial sediments of the upper Darling River catchment Situat
Slide 20: Warraweena: Most Anomalous Heavy Mineral Sample in Australia
WARRAWEENA (S2 EARNING 70%) THE MOST ANOMALOUS HEAVY MINERAL SAMPLE IN AUSTRALIA Project area contains distinct magnetic and gravity anomalies hidden beneath the cover A distinct NE trending gravity high suggests a buried block of dense older rocks within and surrounded by Devonian basinal rocks The
Slide 21: Koonenberry: A Belt Scale Nickel-Copper-PGE Opportunity
KOONENBERRY A BELT SCALE NICKEL-COPPER-PGE OPPORTUNITY 21
Slide 22: Koonenberry: Another Mobile Belt Wrapped Around a Craton
KOONENBERRY ANOTHER MOBILE BELT WRAPPED AROUND A CRATON Belt scale blank canvas Analogous craton edge setting to Nova-Bollinger Ni-Cu-Co deposit (discovered by S2 team) District-scale project covering 2,712km2 Little exploration despite known magmatic Ni-Cu sulphide occurrences Tenements recently gr
Slide 23: Koonenberry: Linear Gravity Ridge with Numerous Intrusive Sills
KOONENBERRY LINEAR GRAVITY RIDGE WITH NUMEROUS INTRUSIVE SILLS Numerous magnetic anomalies representing mafic-ultramafic sills (LHS) within a strong regional gravity high representing dense rocks (centre) and EM coverage to date (RHS) Next steps: more land access agreements* and EM (ongoing in 2024)
Slide 24: Contact Us
CONTACT US Level 14, 333 Collins Street, Melbourne, VIC 3000, Australia Telephone: +61 8 6166 0240 Facsimile: +61 8 6270 5410 Email: admin@s2resources.com.au