Sky Metals Limited · ASX:SKY
Sky Metals — Investor Presentation (February 2020)
13 slides from Sky Metals's investor presentation, Feb 11, 2020
Slide 1: Sky Metals Investor Update - February 2020
SKY METALS 2 = S) @ ” = © ‘= e) D) — ® a. = S) LL INVESTOR UPDATE - FEBRUARY 2020
Slide 2: Disclaimer
For personal use only ASX: SKY Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks associated with i
Slide 3: Capital Structure, Board & Management
For personal use only ASX: SKY CAPITAL STRUCTURE Shares on issue 254.7M Unlisted Options 37.5M Share price (7 Feb 2020) $0.105 Market capitalisation $26.7M Est Cash (31 Dec 2019) $2.2M Debt Nil BOARD & MANAGEMENT Norm Seckold Chairman Mark Arundell CEO NORMAN SECKOLD – Chairman MARK ARUNDELL - CEO R
Slide 4: Maiden SKY drilling at the Hume Prospect
For personal use only ASX: SKY Maiden SKY drilling programme at the Hume Prospect returns: Hole HUD002: 93m @ 4.24 g/t gold from 56m (66% recovery) including: 36m @ 2.88 g/t gold from 56m (28% core recovery), & 14m @ 20.2 g/t gold from 92m (63% core recovery), & 43m @ 1.30 g/t gold from 106m (>9
Slide 5: High value opportunities in the world class Lachlan orogen
For personal use only ASX: SKY High value opportunities In the world class Lachlan orogen gold Shallow, large scale, McPhillamys-Style Gold (Cullarin & Douro Projects) - Targeting high-value large tonnage gold in the Silurian of NSW - Cullarin Project (EL 7954; Heron JV), Hume Prospect – Previous
Slide 6: Targeting high value McPhillamys style gold
For personal use only ASX: SKY Targeting High value McPhillamys style gold Underexplored / High value exploration opportunity in New South Wales McPhillamys Deposit, 69Mt @ 1.04g/t Au (+2Moz) ODEJV purchased by Regis Resources Ltd in 2012 for ~$150M, NPV @ A$1800/oz ~A$800M (Regis 2017) Strategy
Slide 7: Targeting high value McPhillamys style gold
For personal use only ASX: SKY Targeting High value McPhillamys style gold McPhillamys Deposit, 60.1Mt @ 1.05g/t Au - >2mOz Au Ore Reserves, (Regis 2017) 52.4g/t Au MRRCD019 Proposed 7Mt/200k oz per annum development (Regis 2017) Alkane-Newmont ODEJV purchased by Regis in 2012 for ~$150M, Curr
Slide 8: Key McPhillamys criteria satisfied over 20km
For personal use only ASX: SKY McPhillamys Deposit Footprint key McPhillamys criteria satisfied over 20KM Gurrundah Target Coincident - IP chargeability, strong pathfinder soil Equivalent host stratigraphy ✔ geochem, target stratigraphy Right rocks, stratigraphy Surface geochemical signature ✔ Right
Slide 9: Diamond drilling
For personal use only ASX: SKY Diamond drilling Hume target was comparable to McPhillamys at equivalent stage of exploration i.e. drilling depth and coverage HUD002 93m @ 4.24 g/t gold from 56m (66% recovery) including: 36m @ 2.08 g/t gold from 56m (28% core recovery), and 14m @ 20.2g/t go
Slide 10: Hume target
For personal use only ASX: SKY HUME target Potassium radiometrics indicative of targeted footwall alteration trending NNE away from HUD002 Four kilometres of strike potential defined McPhillamys pathfinder geochemical soil anomaly co-incident with radiometrics Multi-element soils & geologica
Slide 11: Active high value exploration & newsflow
For personal use only ASX: SKY ACTIVE high value EXPLORATION & NEWSFLOW Focus on high value exploration opportunities in the Lachlan Orogen CY2020 ACTIVITY MAR QTR JUNE QTR SEPT QTR Focussed, high value NSW gold strategy Target Definition Follow up drilling planned into advanced, near surface,
Slide 12: References
For personal use only ASX: SKY CMOC 2019., China Molybdenum Company Limited, http://www.cmocinternational.com/australia/ Duerden, P., 2010, The McPhillamys Gold Deposit, A Significant Discovery in the Lachlan Fold Belt, central western NSW, Mines and Wines Conference, A Vintage Year for the Tasmanid
Slide 13: For personal use only
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