Polymetals Resources Ltd. · ASX:POL
Polymetals Resources — Investor Presentation (June 2022)
20 slides from Polymetals Resources's investor presentation, Jun 2, 2022
Slide 1: Unlocking Siguiri Basin Gold Potential
For personal use only Unlocking Siguiri Basin Gold Potential Opportunity for significant gold discovery in Guinea Investor Presentation – June 2022
Slide 2: Disclaimer & Forward Looking Statement
Disclaimer & Forward Looking Statement Insert updated disclaimer – no IPO related The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Polymetals For personal use only Resources Ltd (ASX: POL, “Polymetals” or the “Company”) a
Slide 3: Company Highlights
Company Highlights • Well established mining address for For personal use only Recognised international explorers and miners. Location • Relatively underexplored region of West Africa yielding exciting new discoveries. • Practical Executive Management team Strategic focused on effective project deli
Slide 4: Corporate Overview
Corporate Overview Directors For personal use only Capital Structure Shareholders A$0.130 A$10.32M Board & Management Top 20 Shareholders Mr David Sproule Share Price (as at 30/05/2022) Market Cap at Non-Exec Chairman A$0.130/Share 57% 80% 79.44M Nil Ordinary Shares Dr Chris Johnston 3.5M Debt Non-E
Slide 5: Executive Team
Executive Team For personal use only Mr Alex Hanly Mr Vincent Fayad Mr Kurt Laney Chief Executive Officer Co-Company Secretary & CFO Co-Company Secretary Mr Alex Hanly has a Bachelor of Mechanical Mr Vince Fayad has over 35 years’ experience in Mr Laney is an Associate Director at Vince Fayad Engine
Slide 6: Guinea's Industry Overview
Guinea’s Industry Overview Potential for Gold Discovery For personal use only A significant gold endowment with 10% of West Africa’s gold production (900,000 oz p.a. and significant artisanal production). Untapped Potential Guinea contains an estimated 20 billion tonnes of high-grade iron ore and 40
Slide 7: Polymetals' Siguiri Basin Portfolio
Polymetals’ Siguiri Basin Portfolio For personal use only Two 100% owned exploration licences in active exploration district • Siguiri Basin hosts several large active gold mining operations. • Siguiri Basin is underexplored and known for its significant and widespread gold anomalism. • Two 100% own
Slide 8: A Productive 12 months
A Productive 12 months For personal use only Alahiné 8,619m Alahiné & Mansala auger drilling 1,200 line-km program aeromag survey IPO on ASX commenced commenced Drilling program to commence shortly June Nov Feb Apr June 2021 2021 2022 2022 2022 Alahiné Phase 2 Mansala 6,123m Alahiné Phase 3 7,300m d
Slide 9: Extensive Shallow Artisanal Mining
Extensive Shallow Artisanal Mining Alahiné Gold Project Mansala Gold Project For personal use only Alahiné artisanal gold workings typically range 5-15m in depth targeting mineralised laterite, near Mansala artisanal gold workings in “Area F” within NE quadrant of licence typically comprise surface
Slide 10: Alahiné Phase 2 RC Drilling
Alahiné Phase 1 & 2 RC Drilling • Strong N-NE mineralised trend over greater than For personal use only 4km strike. • Broad mineralised intercepts include1: • 14m @ 1.14 g/t Au from 58m • 10m @ 1.32g/t Au from 57m; • 15m @ 0.92 g/t Au from 78m; and • 7m @ 1.63g/t Au from 95m • 19m @ 0.99g/t Au from
Slide 11: Alahiné Auger Identifies New Targets
Alahiné Auger Identifies 3 New Targets Auger drilling program For personal use only commenced November 2021 751 holes for 8,619m completed February 20221,2 • Auger Results outline three (3) new mineralised trends within the Alahiné Licence. • Peak saprolite grades of 3.58 g/t Au and 0.93 g/t Au. • C
Slide 12: Alahiné Phase 3 – Targeting broad zones
Alahiné Phase 3 – Targeting broad zones Planned RC drilling For personal use only program June 2022 • Phase 3 will test up dip and down dip extent of the mineralised zones intersected during the Phase 2 program1,2. • Targeting broad zones of mineralisation: • 14m @ 1.14 g/t Au • 10m @ 1.32 g/t Au •
Slide 13: Alahiné Phase 3 – Targeting high-grade zones
Alahiné Phase 3 – Targeting broad zones Planned RC drilling For personal use only program June 2022 • Phase 3 drilling will target previous1,2 high- grade end-of-hole intersections: • 1m @ 21.40 g/t Au • 1m @ 7.12 g/t Au • 1m @ 11.56 g/t Au • RC Drilling program to test a recently identified anticli
Slide 14: Mansala Soil Sampling Program
Mansala Soil Sampling Program Soil sampling completed For personal use only December 2020 • 10% of area reported Au values >40ppb. Area F • A total of eleven (11) Area E samples returned Au assays in excess of 1,000ppb (1g/t) Au, and include values of Area D 93.98 g/t, 6.03 g/t, 5.85 g/t, Area B 2.9
Slide 15: Mansala Auger Drilling Program Completed
Mansala Auger Drilling Program Completed Auger drilling program For personal use only completed May 2022 • Campaign comprised 799 holes totaling 6,123m on a 100m x 50m drill pattern. • Best auger results1 include 3m @ 4.57 g/t Au, 3m @ 3.26 g/t Au and 1m @ 2.50 g/t Au. • Multiple mineralised trends
Slide 16: Mansala Target Identified
Mansala Target Identified Program illustrates For personal use only prospectivity of licence • Quartz stockwork target identified within artisanal workings from chip sampling. • Best results1 include 16.70 g/t Au, 8.35 g/t Au, 5.74 g/t Au and 5.48 g/t Au over 600m strike length. • 103 rock chip samp
Slide 17: Airborne Magnetic Survey – Alahiné & Mansala
Airborne Magnetic Survey – Alahiné & Mansala For personal use only Aeromag survey covers 112 km2 • Commenced high resolution survey at Alahiné licence in April 2022 & Mansala licence in May 2022. • Combined 1,200 line-km survey specifications: • Line Spacing: 100m • Traverse Line direction: 090º • B
Slide 18: Exploration Program Accelerating
Exploration Program Accelerating For personal use only Alahiné Phase 3 RC Drill Program 1 Planned RC drilling to test 3.5km of interpreted strike. Airborne Magnetic Survey 2 Results from the airborne magnetic surveys at the Alahiné and Mansala licences are expected in the second and third quarters o
Slide 19: Environment, Sustainability & Governance
Environment, Sustainability & Governance For personal use only “Committed to the highest international ESG standards” Environment Sustainability Governance Health & Safety • Compliance with Guinea • Local workforce 100% • Regular reporting under • Best practice applied to regulations and annual Guin
Slide 20: Contact us
For personal use only Contact us Polymetals Resources Ltd | ASX:POL www.polymetals.com Alex Hanly Chief Executive Officer +61 2 8046 2792 info@polymetals.com Suite 6, Level 5, 189 Kent Street Sydney NSW 2000 Australia This presentation was authorised for release to the ASX by the Board of Polymetals
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