Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (July 2018)
18 slides from Saturn Metals's investor presentation, Jul 31, 2018
Slide 1: A new Australian gold explorer in a multi million ounce gold province
A new Australian gold explorer in a multi million ounce gold province ASX:STN Ian Bamborough Managing Director 31 July 2018 www.saturnmetals.com.au
Slide 2: Value Proposition
Value Proposition • Investment Highlights: • Premium land position in a multi million ounce gold province - Apollo Hill is located 50km south-east of Leonora in Western Australia within close proximity to existing mine infrastructure. • 12012 JORC compliant inferred resource of 17.2Mt at 0.9g/t for
Slide 3: Corporate Snapshot
Corporate Snapshot ASX:STN REGISTER 70.55% 36% Fully Funded – 7.73% Strong Register 5% 2.64% 2.27% Corporate Metric Cash (30 June 2018) $4.982M Shares on Issue 56M Options (Director Options @ $0.20 vesting over three years) 4M Market Capitalisation @ $0.20 per Share ( 30 July 2018) $11.2M
Slide 4: Experienced Board
Experienced Board IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) Managing Director Mr Bamborough is a geologist with 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently managing director of ASX listed Spe
Slide 5: Apollo Hill Gold Project
Apollo Hill Gold Project • Excellent location 50km south-east of Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • 100% ownership of more than 1,000km2 of contiguous ground • Existing 2012 JORC compliant inferred resource of 17.2Mt
Slide 6: Apollo Hill
Apollo Hill A major gold system poised for rapid growth • Drilling is rapidly testing for additional ounces and new higher grade ounces • Expansive gold mineralised system at 40m-70m wide - Drilling to Only 200m deep - More than 1.2kms long • The system remains open in all directions • Favourable pr
Slide 7: Apollo Hill – Resource Picture (0.5Moz)
Apollo Hill – Resource Picture (0.5Moz) • JORC (2012) compliant inferred resource of 17.2Mt at 0.9g/t for 505,000 ounces of gold using a 0.5g/t cut-off with a maximum depth of 180m1 View Along Strike to the North (composite section) – Drilling and Gold g/t (Disc size proportional to gold grade withi
Slide 8: Potential for Rapid Resource Upgrade
Potential for Rapid Resource Upgrade New, Near Surface Results Grow The Apollo Hill Gold System (extensional and higher grade shoots): • AHRC0019, 20m @ 2.5g/t Au from 52m; • AHRC0027, 16m @ 2.76g/t Au from 67m; • AHRC0026, 8m @ 3.3g/t Au from 21m; • AHRC0024, 12m @2.8g/t Au from 4m; • AHRC0013, 12m
Slide 9: Stacked, High-Grade Gold Lodes – A New Theory
Stacked, High-Grade Gold Lodes – A New Theory High priority drill testing in progress • Drilling could see upgrade to the grade profile with opportunities for narrower vein, high-grade gold • A stacked system of gold bearing structures is interpreted to dissect the Apollo and Ra gold system from Nor
Slide 10: Stacked, High-Grade Gold Lodes – A New Theory
Stacked, High-Grade Gold Lodes – A New Theory Proof of concept could see an increase to the overall grade of the Mineral Inventory N Drilling Now • First Phase RC – New Assays Illustrated • Diamond Drilling 0m Surface Completed; - New Assays Illustrated • Multiple Visible Gold Intercepts Illustrated
Slide 11: Stacked, High-Grade Gold Lodes – A New Theory
Stacked, High-Grade Gold Lodes – A New Theory Proof of concept could see an increase to the overall grade of the Mineral Inventory N • RC Holes Completed – New Assays Illustrated • High Grade Plunge zones within broad 0m Surface 1g/t Au Envelope ~-200m 11
Slide 12: Apollo Hill - Simple Metallurgy
Apollo Hill - Simple Metallurgy Metallurgical test work has shown excellent gold extraction characteristics for easily recoverable gold Conventional • More than 60% recovery by gravity separation alone • Greater than 92% gold recovery via conventional gravity/cyanidation combination (at only 300 µm
Slide 13: Key Strategic Location
Key Strategic Location First class neighbours • Central position in Eastern Goldfields • Surrounded by gold majors and successful mid-tier gold producers • Multiple regional targets in addition to the Apollo Hill resource area: Bobs Bore, Yerilla, 40G area • Ground encompasses much of the gold ferti
Slide 14: Bobs Bore
Bobs Bore Highly prospective regional targets • Bobs Bore – 9m @ 10.9g/t Au near bottom of hole • Located 3.5km NE of Apollo- Ra deposits on the Keith Kilkenny Structure • Located directly on the gold prospective Keith Kilkenny Lineament • Sparse Drilling – only one section of three AC/RC holes • Un
Slide 15: Yerilla Shear
Yerilla Shear Highly prospective regional targets • 17m @ 6.04g/t Au from 86m; fence line RC intersection with only limited follow up work • 5km Long Trend of Significant Intersections on the Yerilla Shear and folded rocks • Historic production from the greater area over 17,700 oz • Strong geophysic
Slide 16: Completed/Planned Exploration Schedule 2018
Completed/Planned Exploration Schedule 2018 Regular Results Flow • Targeting ~20,000m of drilling • Multiple drilling phases – scheduled results flow • Clear strategy to add shareholder value - 3 pronged approach will aim to: ▪ grow existing Apollo Hill resources base by targeting along strike poten
Slide 17: ASX Peer Comparison
ASX Peer Comparison Company ASX Code Market Cap EV EV/Resources Gold Road GOR $702M $478M $147/oz Resources Echo Resources EAR $171M $14M $91/oz Capricorn Metals CMM $55.4M $45.1M $41/oz Saturn Metals STN $11.2M $6.2M $12.40/oz Source Information from Company ASX Presentations – GOR 3 May 2018; CMM
Slide 18: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no responsibility