St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (March 2017)
25 slides from St. George Mining's investor presentation, Mar 7, 2017
Slide 1: ASX Media Release: Investor Presentation
ASX / MEDIA RELEASE 7 March 2017 For personal use only INVESTOR PRESENTATION St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is pleased to issue a new Investor Presentation titled “2017 Nickel Sulphide Drilling – Exceptional Growth Opportunity”. This Investor Presentation features
Slide 2: 2017 Nickel Sulphide Drilling - Exceptional Growth Opportunity
‘2017 Nickel Sulphide Drilling - Exceptional Growth Opportunity’ For personal use only 7 March 2017
Slide 3: 2016 Drilling Success
2016 Drilling Success High Grade Ni-Cu-PGE Discovery at Mt Alexander For personal use only St George acquires Mt Alexander Project from BHP Billiton in January 2016 St George identifies 15 electromagnetic (EM) conductors prospective for massive sulphides Drilling by St George intersects nickel
Slide 4: 2017 – Positioned for Greater Success
2017 – Positioned for Greater Success Increasing Shareholder Value For personal use only Major Drill Programme 19 drill holes planned in Phase 1 of the 2017 drill programme Testing new EM conductors and geological targets as well as commencing extensional drilling of known mineralised zones to e
Slide 5: Overview of St George Mining
Overview of St George Mining High Quality Explorer For personal use only ASX listed: SGQ • Based in Perth, WA Multiple exploration projects • Nickel sulphide and gold • Dominant landholdings in strategically important districts but underexplored • Projects with potential for discovery of world class
Slide 6: Corporate Snapshot
Corporate Snapshot Strong shareholder base and market support For personal use only Listed shares (SGQ): 250,359,725 Share Ownership Listed options (SGQOA): 50,854,622 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) B
Slide 7: Highly Qualified Team
Highly Qualified Team Track Record of Exploration Success For personal use only 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 Nov
Slide 8: Mt Alexander: Strategic Location
Mt Alexander Strategic Location For personal use only Favourable Region South-west of world class nickel sulphide mines on the Agnew- Wiluna belt, with existing road access and infrastructure (Left: regional location map set over TMI magnetics) Underexplored Project Massive Ni-Cu sulphides first dis
Slide 9: Mt Alexander: Pipeline of Targets
Mt Alexander Pipeline of Targets For personal use only Cathedrals Belt • Exploration focused on the Cathedrals Belt where high grade Ni-Cu sulphides discovered over 3.5km • Discoveries at Cathedrals Prospect, Stricklands Prospect and Investigators Prospect • New aeromagnetic survey identifies parall
Slide 10: Cathedrals Belt
Cathedrals Belt Unique Geological Setting For personal use only • East-northeast belt with mineralised ultramafics, not north-northwest orientation which is typical in Yilgarn • Massive sulphides from 30m below surface and continue at depth • Reliable EM Targeting - no false positive EM anomalies to
Slide 11: Primary Magmatic Channels
Primary Magmatic Channels Favourable Geology at Cathedrals Belt For personal use only • Mineralisation discovered at the three prospects in the Cathedrals Belt is interpreted to be hosted in primary magmatic komatiite channels • Massive sulphides formed in embayments of the basal contact of these pa
Slide 12: High Grade Mineralisation
High Grade Mineralisation Sample of Significant Intersections For personal use only Cathedrals Prospect: MAD12: 3.95m @ 5.05%Ni, 1.55%Cu, 0.11%Co and 4.44g/t total PGEs from 91.4m with a thick halo of stringer and disseminated sulphide mineralisation of 9.25m @ 0.76%Ni, 0.34%Cu, 0.03%Co and 0.93g/t
Slide 13: Metallurgical Testwork
Metallurgical Testwork High Value Concentrate For personal use only 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
Slide 14: Project Value
Project Value Favourable Economics For personal use only Project economics supported by: Shallow depth of mineralisation, likely to be amenable to low cost mining High grades of Ni and Cu with strong credits for Co and PGEs Excellent metallurgy will allow production of a high quality, smelter-fri
Slide 15: Near Term Value Drivers
Near Term Value Drivers 2017 Exploration Programme Underway For personal use only 19 drill holes planned in Phase 1 of the 2017 drilling programme – more drilling to follow Outstanding potential for further high grade discoveries New EM targets and extensional drilling designed to assess the cont
Slide 16: Phase 1 of 2017 Drill Programme: Investigators
Phase 1 of 2017 Drill Programme New EM Conductors at Investigators For personal use only Large target area over 600m in strike New conductors are along strike or down dip to known mineralisation Testing both downhole EM targets and new deeper SAMSON EM conductors New SAMSON conductors: • Ano
Slide 17: Stricklands Prospect
Stricklands Prospect Large SAMSON EM Anomaly For personal use only Large SAMSON EM anomaly over 170m strike Only 5 drill holes to date at Stricklands with all intersecting massive Ni-Cu sulphides Testing strong downhole EM (DHEM) responses within the large SAMSON EM anomaly: • MAD20 P2 (7,000
Slide 18: Cathedrals Prospect
Cathedrals Prospect Extension Targets For personal use only Large SAMSON EM anomaly over 200m strike Testing strong downhole EM (DHEM) responses within the large SAMSON EM anomaly: • MAD10/MAD13 (21,310 S at 54m depth) • MAD12/MAD11 (7,000 S at 78m depth) • MARC49 (39,000 S at 51m depth) • MARC5
Slide 19: Nickel – Reversal of Long Term Trend
Nickel – Reversal of Long Term Trend The Producer /Trading House says: Glencore, February 2017: For personal use only “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 a
Slide 20: Nickel – Time to Take a Position
Nickel – Time to Take a Position For personal use only 19
Slide 21: New Areas of Demand
New Areas of Demand A Lithium Driven Boom for Nickel ? For personal use only Elon Musk, CEO of Tesla on lithium-ion batteries: “….lithium is 2% of the cell mass of our batteries……….. really, our batteries should be called nickel graphite batteries as they are mostly nickel and graphite ….” 20
Slide 22: Gold Exploration: East Laverton Project
Gold Exploration East Laverton Project For personal use only 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 Favou
Slide 23: Gold Drill Programme
Gold Drill Programme High Priority Targets For personal use only • 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 Lav
Slide 24: Disclaimer
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 25: St George Mining: creating shareholder wealth through exploration success
St George Mining: creating shareholder wealth For personal use only through exploration success 24
St George Mining — Investor Presentation (March 2017) on 6ix