Sky Metals Limited · ASX:SKY

Sky Metals — Investor Presentation (June 2020)

12 slides from Sky Metals's investor presentation, Jun 18, 2020

  1. Slide 1: Sky Metals - Exploration Update June 2020

    SKY METALS SKY - EXPLORATION UPDATE - JUNE 2020

  2. Slide 2: Disclaimer

    ASX: SKY Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks associated with investments in private

  3. Slide 3: Capital Structure, Board & Management

    ASX: SKY CAPITAL STRUCTURE Shares on issue 302.4M Unlisted Options 37.5M Share price (10 June 2020) $0.27 Market capitalisation ~$82M Est Cash (20 Apr 2020) $11.5M Debt Nil BOARD & MANAGEMENT Norm Seckold Chairman Mark Arundell CEO NORMAN SECKOLD – Chairman MARK ARUNDELL - CEO Richard Hill Non-Execu

  4. Slide 4: Shallow, large scale, McPhillamys-style gold

    ASX: SKY High value opportunities In the world class Lachlan orogen gold  Shallow, large scale, McPhillamys-Style Gold - Targeting high-value, large tonnage gold in the Silurian of NSW - Cullarin Project (EL 7954; Heron JV), Hume Target. - SKY : 93m @ 4.24g/t Au from 56m inc. 14m @ 20.2g/t Au from

  5. Slide 5: Targeting high value McPhillamys style gold

    ASX: SKY Targeting High value McPhillamys style gold Underexplored / High value exploration opportunity in New South Wales  McPhillamys Deposit, 69Mt @ 1.04g/t Au (+2Moz)  Purchased by Regis Resources Ltd in 2012 for ~$150M, NPV @ A$1800/oz ~A$800M (Regis 2017) Strategy Leverages the SKY team’s ex

  6. Slide 6: Hume target drill results

    ASX: SKY  Hole HUD002: 93m @ 4.24 g/t gold from 56m (66% recovery) including: 36m @ 2.88 g/t gold from 56m (28% core recovery), & 14m @ 20.2 g/t gold from 92m (63% core recovery), & 43m @ 1.30 g/t gold from 106m (>95% core recovery)  Hole HUD001: 54m @ 0.84g/t gold from 116m, including 5m @ 5.76g/

  7. Slide 7: Hume target

    ASX: SKY HUME target  SKY’s drilling program focussed on expanding the extent of HUD002 mineralisation & determining geometry / controls on mineralisation  HUD003 – tested up-dip – strong alteration  HUD004 & HUD006– tested strike potential – mod-strong alteration  HUD005 & HUD011– tested strike

  8. Slide 8: Hume target

    ASX: SKY HUME target  Potassium radiometrics indicate targeted footwall alteration trending NNE away from HUD002  Four kilometres of strike potential defined  McPhillamys pathfinder geochemical soil anomaly co-incident with radiometrics  Geological mapping & multi-element soil sampling completed

  9. Slide 9: Iron Duke Cu-Au prospect

    ASX: SKY after KBL ASX 16 February 2012 IRON DUKE Cu-Au PROSPECT  Option to Purchase Agreement - Iron Duke Copper-Gold Project  Iron Duke prospect mineralisation open both to the south and down dip  Historic (2011-2012) drilling results from the Iron Duke prospect include:  KIDRC003: 31m @ 1.13%

  10. Slide 10: Drill focussed exploration with consistent newsflow

    ASX: SKY DRILL FOCUSSED EXPLORATION WITH consistent NEWSFLOW  Focus on high value exploration opportunities in the Lachlan Orogen CY2020 ACTIVITY JUNE QTR SEPT QTR DEC QTR  Focussed, high value NSW gold strategy Drilling - Cullarin  Follow up drilling planned into advanced, near surface, high gra

  11. Slide 11: References and ASX announcements

    ASX: SKY CMOC 2019., China Molybdenum Company Limited, http://www.cmocinternational.com/australia/ SKY ASX ANNOUNCEMENTS Duerden, P., 2010, The McPhillamys Gold Deposit, A Significant Discovery in the Lachlan Fold Belt, central western NSW, ASX 22 November 2018 – SKY ASX Announcement ‘Planet Gas Lim

  12. Slide 12: Sky Metals

    METALS K Y 8

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