S2 Resources Ltd. · ASX:S2R
S2 Resources — Victorian Gold Mining and Exploration Forum 2023
31 slides from S2 Resources's conference presentation, February 2023
Slide 1: Victorian Gold Mining and Exploration Forum
Victorian Gold Mining and Exploration Forum February 2023 Melbourne
Slide 2: Competent Person and Forward Looking Statement
COMPETENT PERSON AND FORWARD LOOKING STATEMENT This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This pr
Slide 3: Proven Team - Quality Projects - Best Locations
PROVEN TEAM - QUALITY PROJECTS – BEST LOCATIONS 1 Targeting “company making” discoveries with major economic potential 2 Proven track record of discovery and development of multiple mines, including Nova-Bollinger nickel-copper mine and Thunderbox gold mine 3 Quality portfolio of gold and base metal
Slide 4: Successful and Experienced Board
SUCCESSFUL AND EXPERIENCED BOARD • Founding managing director and CEO of Sirius Resources and S2 Resources, and PhD qualified geologist Mark Bennett • Two-time winner of the “Prospector of the Year” award – for discovery of Thunderbox, Waterloo & Nova- Executive Chairman Bollinger mines, and 2014 Mi
Slide 5: Supportive Institutional / High Net Worth Register
SUPPORTIVE INSTITUTIONAL / HIGH NET WORTH REGISTER 3 YEAR SHARE PRICE GRAPH CURRENT SHAREHOLDERS Drilling to test Awarded Block 4 of Fraser Range Fosterville tender Mark Creasy (18.9%) EM conductors Jupiter Asset Mgt (14.7%) Paradice Invest Mgt (7.2%) Other Institutional (6.9%) Board & Management (2
Slide 6: Hunting for Hidden Elephants
HUNTING FOR HIDDEN ELEPHANTS 6
Slide 7: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA
Slide 8: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA 100% S2 Resources - won in highly competitive Victorian ground release Ownership tender process – awaiting grant of tenement by Victorian government Flagship project - surrounds Agnico Eagle Mines’ world class +7.5Moz Prem
Slide 9: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA Location of Agnico Eagle’s mine lease Location of long section of mine lease looking west 9
Slide 10: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA Interpreted northing at which Curie trend crosses lease boundary 10
Slide 11: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA Agnico’s Curie zone is extending down plunge to the SSE The Goornong South zone could be a barely tickled repetition of and potential plunge continuations project into S2’s ground Agnico’s Harrier, Fosterville and Curie pl
Slide 12: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA S2’s ELA surrounds Agnico Eagle’s Fosterville gold mine and contains the projected mineralised trends……… 12
Slide 13: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA Reprocessing of inherited induced polarisation (IP) provides vector to gold: • 13 survey lines across Agnico’s mine lease and S2’s ELA • On Agnico’s ground, IP highlights the Swan, Harrier and Robbins Hill / Curie zones •
Slide 14: Greater Fosterville
GREATER FOSTERVILLE THE MOST SOUGHT AFTER GOLD EXPLORATION BLOCK IN AUSTRALIA 14
Slide 15: Polar Bear
POLAR BEAR PROVEN NICKEL SULPHIDE MINERALISATION AWAITING DOWN HOLE ELECTROMAGNETIC GEOPHYSICS
Slide 16: Polar Bear: Proven Nickel Sulphide Endowed Region
POLAR BEAR PROVEN NICKEL SULPHIDE ENDOWED REGION • Southern extension of the world class Kambalda & Widgiemooltha nickel belts, with recent Cassini discovery along strike to north • Only ~10% of prospective ultramafics tested to date, with 3 nickel sulphide mineralised zones discovered (Taipan, Gwar
Slide 17: Polar Bear: Huge New Search Space Unlocked by New Technology
POLAR BEAR HUGE NEW SEARCH SPACE UNLOCKED BY NEW TECHNOLOGY • Application of new EM technology (low temperature SQUID) has highlighted 5 clusters of new EM conductors beneath the Lake Cowan salt lake and its marginal transported sand dunes • These conductors have good geophysical response characteri
Slide 18: Polar Bear: Proven Nickel Sulphide Mineralised Ultramafics
POLAR BEAR PROVEN NICKEL SULPHIDE MINERALISED ULTRAMAFICS Taipan prospect Stacked lenses of sulphide on margin of gently north plunging komatiite channel • SPBD0046: 4.1m @ 3.8% Ni, 2.45% Cu & 2.49g/t Pt-Pd, incl. 2.2m @ 5.84% Ni, 3.73% Cu, 0.12% Co & 2.75g/t Pt-Pd • SPBC0061: 16m @ 0.73% Ni, incl.
Slide 19: Polar Bear: Gwardar prospect
POLAR BEAR PROVEN NICKEL SULPHIDE MINERALISED ULTRAMAFICS Gwardar prospect Thick south plunging komatiite channel, open down plunge, comprising broad intervals of disseminated sulphides with multiple massive sulphide accumulations at base and in footwall • SPBC0053: 33m @ 0.45% Ni • SPBC0084: 31m @
Slide 20: Polar Bear: High Impact Targets Being Drilled
POLAR BEAR HIGH IMPACT TARGETS BEING DRILLED Example of new targets: SQUID EM conductor PBC22-1 Modeled as a plate with approx 400m strike extent and 100m dip extent Good conductor with geophysical properties consistent with a sulphide source 280m dip extent Drillhole SPBD0370 did not explain the co
Slide 21: Polar Bear: Halls Knoll prospect
POLAR BEAR PROVEN NICKEL SULPHIDE MINERALISED ULTRAMAFICS Halls Knoll prospect Outcropping gossan (weathered sulphide) • Rockchips grade up to 1.6% Ni, 8.2% Cu, 15.8g/t Pd and 5.0g/t Pt 21
Slide 22: Jillewarra
JILLEWARRA SEARCHING FOR ANOTHER THUNDERBOX / BIG BELL BENEATH 35 KM STRIKE OF COVERED SHEAR ZONE
Slide 23: Jillewarra Joint Venture
JILLEWARRA JOINT VENTURE SEARCHING FOR A THUNDERBOX / BIG BELL LOOKALIKE Comparison of Jillewarra – Big Bell trend (LHS) with Thunderbox – Bronzewing trend (RHS). Thunderbox and Big Bell are located at the south end of a NNE trending regional shear zones The Jillewarra project area covers 35 strike
Slide 24: Koonenberry
KOONENBERRY A FRASER RANGE STYLE AND SCALE NICKEL PLAY THE RIGHT ROCKS WITH KNOWN NICKEL SULPHIDES
Slide 25: Koonenberry: Belt Scale Nickel-Copper-PGE Opportunity
KOONENBERRY BELT SCALE NICKEL-COPPER-PGE OPPORTUNITY Belt scale blank canvas • Analogous craton edge setting to Nova Bollinger Ni-Cu-Co deposit (discovered by S2 team) • District-scale project covering 2,712km2 • Little exploration despite known magmatic Ni-Cu sulphide occurrences • Tenements awaiti
Slide 26: Western Yilgarn
WESTERN YILGARN PART OF THE NEW Ni-Cu-PGE PROVINCE OF WA TWO LARGE 100% OWNED PROJECTS EXPOSURE TO MORE VIA SHAREHOLDING IN TRT
Slide 27: Western Yilgarn: New Nickel-Copper-PGE Frontier
WESTERN YILGARN NEW NICKEL-COPPER-PGE FRONTIER IN WESTERN AUSTRALIA Exposure to over 1,054km2 in the emerging Western Yilgarn province • Host to Chalice Mines’ 330Mt Ni-Cu-PGE Julimar discovery West Murchison Project • Maiden RC drilling in 2022 intercepted disseminated sulphides • Hole SWMC007 – Tw
Slide 28: Finland
FINLAND AARNIVALKEA GOLD PROSPECT DICOVERED BY S2 NEXT DOOR TO AGNICO EAGLE’S KITTILA GOLD MINE IN AN EMERGING GOLD AND NICKEL PROVINCE
Slide 29: Central Lapland Greenstone Belt - Finland
CENTRAL LAPLAND GREENSTONE BELT - FINLAND EMERGING LODE GOLD AND BASE METAL PROVINCE Large 494km2 landholding in emerging gold and nickel province • Host to S2’s Aarnivalkea gold discovery • Region also host to Rupert Resources’ maiden 3.95 Moz gold Ikkari discovery (released 2021) • B2 Gold / Aurio
Slide 30: Aarnivalkea - Scale, High Grade, Proximity to Major Gold Mine
CENTRAL LAPLAND GREENSTONE BELT - FINLAND AARNIVALKEA – SCALE, HIGH GRADE, PROXIMITY TO MAJOR GOLD MINE System has scale: 1.3km gold anomaly High-grade intercepts, including: • 6.8m @ 11.8g/t gold from 223.0m, including 4.0m @ 18.1g/t gold • 20.4m @ 4.0g/t gold from 193.1m, including 8.5m at 8.6g/t
Slide 31: Contact Us
CONTACT US 4/24 Parkland Road Osborne Park WA 6017 Telephone: +61 8 6166 0240 Facsimile: +61 8 6270 5410 Email: admin@s2resources.com.au
S2 Resources — Victorian Gold Mining and Exploration Forum 2023 on 6ix