St. George Mining Ltd. · ASX:SGQ
St. George Mining — Shareholder Meeting (November 2017)
15 slides from St. George Mining's shareholder meeting presentation, Nov 22, 2017
Slide 1: Mt Alexander – Drilling Success Continues
‘Mt Alexander – Drilling Success Continues’ For personal use only 22 November 2017 Annual General Meeting
Slide 2: MAD71 at Stricklands Prospect: Thick Intersection of Ni-Cu Sulphides
MAD71 at Stricklands Prospect Thick Intersection of Ni-Cu Sulphides For personal use only • 10.1 metres in total of massive nickel-copper sulphides • XRF readings averaging 5.5%Ni and 2.1%Cu • Within a broader 17 metre intersection of nickel-copper sulphides • From just 37.5m downhole “With MAD71, c
Slide 3: Mineralisation is Open: Large SAMSON EM Anomaly
Mineralisation is Open Large SAMSON EM Anomaly For personal use only MAD71 mineralisation is open to N-W where a strong SAMSON EM anomaly remains untested Thick ultramafic and high volume of nickel-copper sulphides in MAD71 supports potential for more significant mineralisation in this untested area
Slide 4: Mt Alexander: Favourable Location
Mt Alexander Favourable Location For personal use only Established Mining Region • South-west of world class nickel and gold mines of the Agnew- Wiluna belt • Access to existing roads, infrastructure and processing plants (Right: regional location map set over TMI magnetics) Underexplored Project •
Slide 5: Drilling Success: Mineralisation is Extended
Drilling Success Mineralisation is Extended For personal use only Recurrent mineralisation now over 3.5km strike on east-northeast Cathedrals Belt Drilling intersects nickel-copper sulphides in every EM conductor drilled Mineralisation from 30m below surface Confirms high grade mineral syste
Slide 6: Grade is King: 2017 Drilling Delivers Best Intersections to Date
Grade is King 2017 Drilling Delivers Best Intersections to Date For personal use only MAD56 (Cathedrals Prospect): 7.5m @ 3.90%Ni, 1.74%Cu, 0.12%Co and 3.32g/t total PGEs from 57.8m including 3.15m @ 6.36%Ni, 2.92%Cu, 0.20%Co and 5.03g/t total PGEs from 61.81m MAD55 (Cathedrals Prospect): 4.28m @ 2.
Slide 7: MAD71 - Summary
MAD71 - Summary For personal use only Above: drill core at 54-55m with spot XRF readings of 6-20%Ni and 1.5-11%Cu 7
Slide 8: Drilling is Ongoing: High Reward Targets
Drilling is Ongoing High Reward Targets For personal use only Drilling now at Investigators: • Multiple Ni-Cu sulphide intersections already • Large SAMSON EM anomaly indicates potential for significant mineralisation Drilling New Targets: • First ever drilling at Investigators West • First ever dri
Slide 9: Metallurgical Testwork: Positive Results from Initial Test
Metallurgical Testwork Positive Results from Initial Test For personal use only High Recoveries from Ore: >99% recoveries of Ni and Cu to concentrates from preliminary testwork on massive sulphides No deleterious elements like MgO or arsenic (on right: copper being floated in the metallurgical test
Slide 10: Favourable Project Economics
Favourable Project Economics Opportunity for a High Margin Mining Operation For personal use only Low Cost Mining Low Development Capex High Value Concentrate Shallow mineralisation Access to nearby plants High grade Ni and Cu plus cobalt and PGEs Well defined zones Existing infrastructure
Slide 11: East Laverton Project: Nickel and Gold Prospects
East Laverton Project Nickel and Gold Prospects For personal use only Nickel Discovery: In 2012, BHP (under a concluded farm- in arrangement) discovered nickel sulphides Ongoing Nickel Exploration: St George (100% owner) continuing exploration over +40km ultramafic belts with drilling of EM and geol
Slide 12: Windsor Prospect: Strong EM Conductors
Windsor Prospect Strong EM Conductors For personal use only Thick Ultramafic Channel: SAMSON EM survey at Windsor identifies Very thick (+250m) high- 3 large conductors in favourable MgO ultramafic channel geological positions New EM Targets: Three large, late-time bedrock EM conductors detected by
Slide 13: Market Profile
Market Profile Strong shareholder base and market support For personal use only Listed shares (SGQ): 250,365,825 Share Ownership Listed options (SGQOB): 24,665,885 Top 10: 20% Top 20: 28% SGQOB - exercise price of 20c, expiring on 30 Sept 2020. Directors: 6% Market cap: $56m (@22c per share) Broad S
Slide 14: St George Mining: Growth Nickel Stock
St George Mining Growth Nickel Stock For personal use only High Grade Discovery: • High grade nickel-copper-cobalt-PGE discovery at the Cathedrals Belt • Infill and extensional drilling ongoing • Poised to take advantage of surge in nickel sulphide demand with electric vehicle battery revolution Exp
Slide 15: 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
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