24 slides from St. George Mining's shareholder meeting presentation, 2011
Slide 1: 2011 AGM Presentation
ST GEORGE MINING LIMITED ACN 139 308 973
Slide 2: 2011 Milestones: Building the Foundations for Success
2011 Milestones Building the Foundations for Success
Slide 3: Corporate Milestones
Corporate Milestones • Listed on ASX on 16 November 2010 to raise $4m • Rights issue in September 2011 to raise $1.575m • Loyalty option issue closing 30 November 2011 • Listed securities after loyalty option: • Ordinary shares 63,018,000 * • Listed options 48,032,000 • Top 20 hold 65.20% • Going fo
Slide 4: Project Milestones
Project Milestones East Laverton Property: • Progressing to a gold discovery: Identified 3 prominent gold trends through a multi-element MMI soil geochemical sampling (500m grid) over 1,046 sq km Defined new high priority gold targets now being drilled, through infill soil sampling (50m grid) wi
Slide 5: MMI Programme
50m Infill MMI 500m Regional MMI Desert Ki Hy Ly Cambridge” Yy Golden Dragon Desert pragon Ly * Red Dragon ST GEORGE MINING Completed MMI End of 2011 St George Mining Limited |
Slide 6: Project Milestones
Project Milestones Pine Creek Property: • Completed industry-leading CSIRO HyLogger hyperspectral analysis of the historical drill core, revealing that FEND18 (discovery hole) is not the centre of the gold system, implying the potential for higher and more continuous grades • Completed first diamond
Slide 7: 2011 - Foundations for Success
2011 - Foundations for Success Discovery: Drilling: Focused on High priority realising the gold targets potential for Regional multiple large are being Exploration: drilled scale discoveries Targets within ASX Listing: large gold trends identified for 16 Nov 2010 drill testing
Slide 8: East Laverton Gold
n° ml ST GEORGE MINING LIMITED ACN 139 308 973
Slide 9: East Laverton Gold
East Laverton Gold • Dominant landholding in the under-explored margin of the Yilgarn Craton In proximity to major recent gold discoveries: Gold Road Resources Limited (ASX: GOR) at its Yamarna Gold Project International Gold Fields Limited (ASX: IGS) at its Plumridge Project Tropicana Joint V
Slide 10: Yamarna Sunrise Dam Tropicana
Yamarna Sunrise Dam Tropicana
Slide 11: q T T
q T T a 560 000mE 600 000mE 640 - _ @) TROPICANA JV AREA OF DEEP POST MINERALISATION cover | (Sm oz Au) \ oa : ok 2 \f[eerrsae _ BALIVIORAL a + \_ whys .. i NY Ty 7 RUSTYNAIL L —\ . 4 = i 7 “~ 6 740 000mN — 4 DESER ~L DRAGON a7 ae “7 O* TREND ee aa We 4a FROSTBITE a“ a 4 “7 Yo i a ~ 6 700 000mN— “~~
Slide 12: Drilling Programme
Drilling Programme • 4,000 m drill programme is underway as part of larger campaign • Initial focus on Desert Dragon and Balmoral gold targets in parallel with development of “project pipeline” • So far, drilling has intersected significant intervals of alteration and sulphide mineralisation • Three
Slide 13: Desert Dragon Trend
Desert Dragon Trend • Hosted by Stella Range Fault and contains strongly anomalous Desert Dragon prospect (3+ km strike) • Initial aircore drilling intersected top of alteration envelope • Quartz + sulphides with elevated gold grades at base of air core hole, indicating exciting potential • Deeper R
Slide 14: Balmoral Trend
Balmoral Trend • Balmoral trend hosted by Minigwal Fault – lithospheric- scale “master fault” for district • Balmoral prospect is a clearly zoned hydrothermal system with 9 km strike with 3km x 2km core • Core zone contains three prominent gold anomalies • Au + Ag + Mo + Cu + W geochemistry suggests
Slide 15: Project Pipeline
Project Pipeline • Three gold trends (shear zones) offer further exploration targets • Desert Dragon Trend – newly acquired Cambridge gold target and the Desert Dragon North prospect • Balmoral Trend – large and complex gold system with several areas remaining to be drilled • Golden Dragon Trend – R
Slide 16: East Laverton Nickel
ST GEORGE MINING LIMITED ng Lin
Slide 17: Nickel Farm-in Agreement
Nickel Farm-in Agreement • BHP Billiton may earn a 70% interest by sole funding a bankable feasibility study (BFS), with St George Mining free carried for its 30% interest up to completion of the BFS • The interest is earned over the nickel rights at 9 tenements covering 498 sq km, with BHP Billiton
Slide 18: Pine Creek Gold
ST GEORGE MINING LIMITED ng Lin
Slide 19: Pine Creek Property
Pine Creek Property TIMOR SEA aie or yee = ass eSSSSse) 4 ee le el ye _ | aa i STGEORGE [ MINING LIMITED ® Mine [HI 81 Georg¢ Lease — Principat road 3 oO Deposit [EBB Leese Application —— Secondary road > Pre Feasibility Non St George Lease Minor road D Fesstily Aboriginal Reserve Track LX Project N
Slide 20: Pine Creek Property
Pine Creek Property • On the under-explored Fenton Shear and parallel to Pine Creek Shear where multiple gold deposits are currently being mined • Discovery hole (Homestake’s FEND18) encountered the same style of mineralisation as Cosmo Howley (2+ MozAu), approx. 30km to the north • Uranium and rare
Slide 21: Blue Thunder Gold Project
Blue Thunder Gold Project • Discovery hole FEND 18: 20m@1.74 g/t Au (incl. higher grade zones) • FEND 14 (17 m @ 0.72 g/t Au) is 1.2 km from FEND 18 • Mineralisation open in all directions from discovery hole • Coincident Au + Co soil anomaly over mineralised area • New Government Tempest (EM) surve
Slide 22: 2011 Field Season
2011 Field Season • First hole drilled to 550m and intersected the target mineralisation higher than Homestake’s discovery hole • Suggests mineralisation is situated on the western fold limb and may increase in thickness and grade in the area to the east • Diamond drilling will recommence in 2012, a
Slide 23: Positive Outlook
Positive Outlook • A solid platform to advance exploration and development of both properties • Multiple new high priority prospects established at East Laverton • Significant value of Pine Creek being confirmed • Re-rating of the Company likely when full 2011 assay results are received • Progress t
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 an