St. George Mining Ltd. · ASX:SGQ
St. George Mining — RIU Resources Conference 2017
20 slides from St. George Mining's conference presentation, May 10, 2017
Slide 1: Nickel Sulphide and Gold Explorer - Growth Through Discovery
‘Nickel Sulphide and Gold Explorer - Growth Through Discovery’ 10 May 2017 RIU Resources Conference Sydney
Slide 2: 2017 Drilling Underway
2017 Drilling Underway Best Ever Intersections at Mt Alexander Investigators Prospect: • 20.6m thick mineralised ultramafic in MAD60 • 4.88m of massive and matrix sulphides including • 3.3m of massive sulphides with XRF values of 6.3%Ni and 4.3%Cu Cathedrals Prospect: • 8.95m thick mineralised ultra
Slide 3: Investigators Prospect
Investigators Prospect MAD60 Discovers a New Mineralised Zone Photograph of drill core from MAD60 between 156.4m to 163.6m showing thick massive nickel-copper sulphide. 3
Slide 4: Overview of St George Mining
Overview of St George Mining High Quality Explorer ASX listed: SGQ • Based in Perth, Western Australia Multiple exploration projects • Nickel sulphide and gold • Dominant landholdings in strategically important districts but underexplored • Projects with potential for discovery of world class deposi
Slide 5: Corporate Snapshot
Corporate Snapshot Strong shareholder base and market support Listed shares (SGQ): 250,359,725 Share Ownership Listed options (SGQOA): 47,354,622 Top 10: 21% Top 20: 30% SGQOA - exercise price of 20c, expiring on 30 June 2017. Directors: 6% Market cap: $36m (@14.5c per share) Broad Shareholder Base:
Slide 6: Highly Qualified Team
Highly Qualified Team Track Record of Exploration Success Directors, Management Consultants John PRINEAS, Executive Chairman – founding Newexco - Leading geophysical consultants in nickel shareholder with over 25 years experience in banking sulphide exploration. Advisers on Nova-Bollinger deposit an
Slide 7: Mt Alexander
Mt Alexander Strategic Location Favourable Region South-west of world class nickel sulphide mines on the Agnew- Wiluna belt, with existing road access and infrastructure (Right: regional location map set over TMI magnetics) Underexplored Project Massive Ni-Cu sulphides first discovered by BHP Billit
Slide 8: 2016 Drilling
2016 Drilling New Discoveries St George identifies 15 new EM conductors Drilling intersects nickel- copper-PGE sulphides in every EM conductor drilled Fresh nickel-copper sulphides discovered at shallow depths from 30m below surface Multiple new discoveries establish recurrent mineralisation
Slide 9: Grade is King
Grade is King Sample of High Grade Intersections MAD12 at Cathedrals: 3.95m @ 5.05%Ni, 1.55%Cu, 0.11%Co and 4.44g/t total PGEs from 91.4m including 1.45m @ 6.81%Ni, 2.27%Cu, 0.12%C0 and 7.72g/t total PGEs from 93.9m with a thick halo of stringer and disseminated sulphide mineralisation of 9.25m @ 0.
Slide 10: Metallurgical Testwork
Metallurgical Testwork High Value Concentrate Positive Results from Initial Test Preliminary metallurgical testwork on a sample of massive nickel-copper sulphide indicates that Mt Alexander will produce a high value saleable concentrate that will be sought after High Recoveries from Ore >99% recover
Slide 11: Project Value
Project Value Favourable Economics Shallow depth of mineralisation; low cost mining High grades of Ni and Cu with strong credits for Co and PGEs Excellent metallurgy - high quality, smelter-friendly concentrate Proximity to existing processing plants Near existing infrastructure (e.g. roads; po
Slide 12: 2017 Drilling
2017 Drilling Increasing Shareholder Value Major Drill Programme at Cathedrals Belt Testing new EM conductors and geological targets as well as commencing extensional drilling of known mineralised zones to establish a resource base New mineralised zones have been discovered Extension of minera
Slide 13: Nickel – Reversal of Long Term Trend
Nickel – Reversal of Long Term Trend The Producer /Trading House says: Glencore, February 2017: “The market entered its first material deficit since 2010 enabling global inventories to fall. The outlook is for continued deficits and further draws in primary nickel inventories as demand remains stron
Slide 14: Nickel – Time to Take a Position
Nickel – Time to Take a Position 14
Slide 15: East Laverton Project
East Laverton Project Pipeline of Nickel and Gold Targets 15
Slide 16: Nickel Discovery
Nickel Discovery Favourable Geology BHP Discovers Nickel Sulphides Previous farm-in with BHP discovered nickel sulphide in 2012 confirming thick and fertile ultramafics: 18m @ 0.40% Ni from 100m incl. 4m @ 0.57%Ni from 100m in discovery hole DRAC35 30m @ 0.31% Ni from 108m incl. 8m @ 0.44%Ni fro
Slide 17: Gold Exploration
Gold Exploration East Laverton Project Important Regional Location Near the two most recent world class gold discoveries in WA – Tropicana +8MozAu and Gruyere +6MozAu Underexplored for Gold Shallow drilling has identified widespread anomalous gold confirming prospectivity Favourable Structural Featu
Slide 18: Gold Drill Programme
Gold Drill Programme High Priority Targets • 2017 drill programme will test our best gold targets • Gravity survey has identified thick greenstone belts and structures controlling mineralisation, supporting the prospectivity for gold deposits at East Laverton Left: the East Laverton tenements agains
Slide 19: Disclaimer: Competent Person Statement
DISCLAIMER: Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates a
Slide 20: St George Mining: creating shareholder wealth through exploration success
St George Mining: creating shareholder wealth through exploration success 20