St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (July 2019)
27 slides from St. George Mining's investor presentation, Jul 23, 2019
Slide 1: ASX Media Release: St George Mining Investor Presentation
ASX / MEDIA RELEASE 23 July 2019 For personal use only ST GEORGE MINING – INVESTOR PRESENTATION St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is pleased to issue a new Investor Presentation titled “High‐Grade Nickel‐Copper Sulphide Project in Western Australia”. The Investor Pre
Slide 2: High-Grade Nickel-Copper Sulphide Project in Western Australia
High-Grade Nickel-Copper Sulphide Project in Western For personal use only Australia Investor Presentation 23 July 2019 ASX: SGQ
Slide 3: Growth Nickel Stock
Growth Nickel Stock Creating Shareholder Value through Exploration Success Nickel-Copper Sulphide Explorer/Developer: For personal use only Outstanding discovery of high-grade nickel-copper-cobalt-PGEs at Mt Alexander Drilling continues to expand the resource potential New targets offer opport
Slide 4: Nickel Market Outlook
Nickel Market Outlook Nickel is Essential to the EV and Battery Revolution For personal use only Compelling Scenario for Sustainable Price Increases: Demand for battery grade nickel forecast to increase up to 10x over next 10 years Stockpiles falling rapidly; deficits increasing Incentive pric
Slide 5: Corporate Overview
Corporate Overview St George Mining is listed on the ASX For personal use only St George Mining Ltd SGQ Directors and Management with a Track Record of Success Listed Shares 335,307,665 John PRINEAS, Executive Chairman – founding shareholder with over 25 years experience in mining, and the banking a
Slide 6: A Small Number of Global Players
A Small Number of Global Players Global production overview Australia is a major global producer of high- For personal use only • grade nickel sulphide for several decades 2018 - Global Nickel Sulphide Mine Production • Global production is falling Total 741,000 tonnes • Nickel sulphide is Class 1 n
Slide 7: Supply Challenge
Supply Challenge More New Projects Required For personal use only 150 Nickel faces the biggest supply 100 challenge of all battery metals: Percentage of deficit • Lagging supply response is 50 relative to market size generating significant market 0 deficits -50 1.0% 1.7% • LME & SHFE stocks have fal
Slide 8: Electric Vehicle Demand
Electric Vehicle Demand Big Impact on Nickel Demand For personal use only Market Impact: BHP announced that 90% of nickel sulphide production will be sold for batteries from 2019 to meet increasing demand from EV’s. Diggers & Dealers Conference, 7 August 2018 Nickel Demand for the Battery Market Sou
Slide 9: Nickel Price Outlook
Nickel Price Outlook The Next Nickel Boom is Forming $50,000 For personal use only Nickel price history shows strong $45,000 2018$/t Consensus forecast upswings such as in 1988 and 2006 appear shy compare to Nickel Price (2018 US$/t) $40,000 100-year Average Potential Boom historical price spikes $3
Slide 10: High-Grade Discovery at Mt Alexander
For personal use only High-Grade Discovery at Mt Alexander ASX: SGQ | St George Mining Limited Investor Presentation 22 July 2019 9
Slide 11: World Class Address
World Class Address Next to the Majors’ backyard For personal use only Mt Alexander – St George’s Flagship Nickel-Copper Sulphide Project • Highly prospective and strategic tenement holding next to Tier 1 assets • Located S-SW of world class nickel and gold mines of the Agnew-Wiluna Belt • Close to
Slide 12: Large Mineral System
Large Mineral System Discovery continues to grow 200 km2 tenement package: For personal use only • Multiple discoveries and targets already over a small fraction of the ground • Potential to establish a nickel camp with several deposits Cathedrals Belt (east-northeast oriented belt): • High-grade di
Slide 13: Exceptional Discovery
Exceptional Discovery Favourable Geological Features • Cathedrals Belt Discovery at Shallow Depths: For personal use only Massive sulphide mineralisation 30m from surface Intrusive system with potential for significant mineralisation at depth • High Grade and Polymetallic: Nickel sulphide plus
Slide 14: Grade is King
Grade is King Wide intersections of high-grade Ni-Cu-Co-PGEs For personal use only From Width Ni Cu Co PGE Prospect Hole m m % % % g/t MAD71 37.5 17.45 3.0 1.3 0.13 1.68 Stricklands including 39.3 5.30 4.4 1.5 0.21 2.09 and 50.6 2.02 5.1 2.0 0.21 3.31 MAD56 57.8 7.50 3.9 1.7 0.12 3.32 Cathedrals inc
Slide 15: 2019 Exploration and Drilling Programmes
For personal use only 2019 Exploration and Drilling Programmes ASX: SGQ | St George Mining Limited Investor Presentation 22 July 2019 14
Slide 16: Cathedrals Belt
Cathedrals Belt Unlocking a Major Mineralised System • High-grade nickel-copper sulphides discovered over an east-west strike of 4.5km For personal use only • Interpreted east-west strike of up to 16km with large unexplored areas • Sustained drilling continues to define and extend the footprint of m
Slide 17: Investigators Prospect EM conductors ready to drill
Investigators Prospect 42 EM conductors ready to drill • Nickel-copper sulphide mineralisation discovered over an east-west strike of 1.5 km, with 380m For personal use only down-plunge to the north • Downhole EM surveys identify off-hole EM anomalies with 42 conductors prioritised for drilling • Al
Slide 18: Gossans in the Cathedrals Belt
Gossans in the Cathedrals Belt Potential for mineralisation at depth Numerous nickel-copper sulphide gossans in the Cathedrals Belt For personal use only • • Drilling confirms gossans are associated with mineralisation at depth at Stricklands and Cathedrals Prospects • More gossans over a 1km strike
Slide 19: EM Programme Underway
EM Programme Underway Potential for new drill targets Optimised moving loop EM surveys to detect any conductors under cover For personal use only • • High powered fixed loop EM surveys to detect any conductors at depth, in the down-dip direction of the host ultramafic unit • SAM (Sub Audio Magnetics
Slide 20: Fish Hook Prospect
Fish Hook Prospect Potential new greenfields discovery Fish Hook covers an 8,000m eastern extension of the highly mineralised Cathedrals Belt, is largely untested For personal use only by drilling and lies within a tenement 100% owned by St George Soil samples at Fish Hook return highly anomalou
Slide 21: Mt Alexander Belt
Mt Alexander Belt Underexplored fertile belt For personal use only • Mt Alexander Belt is north-northwest trending with a strike of 7km • Historical drilling by BHP has intersected widespread nickel sulphides including massive sulphides • The priority area on the Mt Alexander Belt is the Sultans Pro
Slide 22: Project Development
For personal use only Project Development ASX: SGQ | St George Mining Limited Investor Presentation 22 July 2019 21
Slide 23: Metallurgical Testwork
Metallurgical Testwork High Recoveries from Ore: For personal use only • >99% recoveries of Ni and Cu to bulk concentrates • Separate nickel and copper concentrates produced by standard flotation process with 89% and 86% recoveries respectively (on right: copper being floated in test completed by St
Slide 24: Opportunity for Low Cost/High Margin Project
Opportunity for Low Cost/ High Margin Project Key project features support favourable project economics For personal use only which will be assessed by scoping/feasibility studies The location and quality of the Mt Alexander Shallow Mineralisation: Project presents: • Low cost drilling/low cost pote
Slide 25: 2019 – Growth Initiatives
2019 – Growth Initiatives Building a Resource Inventory For personal use only Resource Definition: • Continue extensional and infill drilling to support delineation of a resource estimate Regional Exploration: • Accelerate exploration of unexplored and underexplored areas to deliver more discoveries
Slide 26: St George Mining Limited
St George Mining Limited For personal use only Creating Shareholder Value through Exploration Success Photo: Diamond drilling at Mt Alexander for St George Mining by DDH1 Drilling ASX: SGQ | St George Mining Limited Investor Presentation 22 July 2019 25
Slide 27: Competent Person Statement
Competent Person Statement For personal use only The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Dave O’Neill, a Competent Person who is a Member of The Australasian Institute of Mining