Saturn Metals Ltd. · ASX:STN
Saturn Metals — RIU Sydney Resources Round-up 2018
17 slides from Saturn Metals's conference presentation, May 10, 2018
Slide 1: A new Australian gold explorer in a multi million ounce gold province
For personal use only A new Australian gold explorer in a multi million ounce gold province ASX:STN Ian Bamborough Managing Director 10 May 2018 www.saturnmetals.com.au
Slide 2: Value Proposition
Value Proposition For personal use only • Investment Highlights: • Premium land position in a multi million ounce gold province - Apollo Hill is located 50km south-east of Leonora in Western Australia within close proximity to existing mine infrastructure. • 12012 JORC compliant inferred resource of
Slide 3: Corporate Snapshot
Corporate Snapshot ASX:STN REGISTER For personal use only 70.55% 33.30% Fully Funded – 7.73% Strong Register 5% 2.64% 2.27% Corporate Metric Cash (31 March 2018) $6.491M Shares on Issue 55M Options (Director Options @ $0.20 vesting over three years) 4M Market Capitalisation @ $0.17 per Share (9 May
Slide 4: Experienced Board
Experienced Board For personal use only IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) Managing Director Mr Bamborough is a geologist with 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently managing dire
Slide 5: Apollo Hill Gold Project
Apollo Hill Gold Project • Excellent location 50km south-east of For personal use only Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • 100% ownership of more than 1,000km2 of contiguous ground • Existing 2012 JORC compliant inferr
Slide 6: Apollo Hill: A major gold system poised for rapid growth
Apollo Hill A major gold system poised for rapid growth • Drilling is rapidly testing for additional ounces and new higher grade ounces • Expansive gold mineralised system at 40m-70m wide - Drilling to Only 200m deep - More than 1.2kms long For personal use only • The system remains open in all dire
Slide 7: Apollo Hill – Resource Picture (0.5Moz)
Apollo Hill – Resource Picture (0.5Moz) For personal use only • JORC (2012) compliant inferred resource of 17.2Mt at 0.9g/t for 505,000 ounces of gold using a 0.5g/t cut-off with a maximum depth of 180m1 View Along Strike to the North (composite section) – Drilling and Gold g/t (Disc size proportion
Slide 8: Potential for Rapid Resource Upgrade
Potential for Rapid Resource Upgrade For personal use only New, Near Surface Extensional Results Grow The Apollo Hill Gold System: • AHRC0007, 19m @ 1.02g/t Au from 72m; • AHRC0011, 14m @ 1.08g/t Au from 10m; • AHRC0005, 23m @ 1.15g/t Au from 11m; • AHRC0010, 11m @1.02g/t Au from 38m; • AHRC0013, 12
Slide 9: Stacked, High-Grade Gold Lodes – A New Theory
Stacked, High-Grade Gold Lodes – A New Theory Requires high priority drill testing • Drilling could see upgrade to the grade profile with opportunities for narrower vein, high-grade gold For personal use only • A stacked system of gold bearing structures is interpreted to dissect the Apollo and Ra g
Slide 10: Stacked, High-Grade Gold Lodes – A New Theory
Stacked, High-Grade Gold Lodes – A New Theory Proof of concept could see an increase to the overall grade of the Mineral Inventory For personal use only N Drilling Now • RC Holes Completed – Assays Pending • 0m Surface Diamond Drilling Scheduled to Commence late May 2018 ~-200m 10
Slide 11: Apollo Hill - Simple Metallurgy
Apollo Hill - Simple Metallurgy Metallurgical test work has shown excellent gold extraction characteristics For personal use only for easily recoverable gold Conventional • More than 60% recovery by gravity separation alone • Greater than 92% gold recovery via conventional gravity/cyanidation combin
Slide 12: Key Strategic Location
Generalised Tenement Map – Adapted from DMP Tengraph Source Data; 10 November 2017 Key Strategic Location First class neighbours St Barbara For personal use only Dacian Saracen • Central position in Eastern Goldfields Kin SATURN • Surrounded by gold majors and METALS Anglo successful mid-tier gold L
Slide 13: Bobs Bore: Highly prospective regional targets
Bobs Bore Highly prospective regional targets For personal use only • Bobs Bore – 9m @ 10.9g/t Au near bottom of hole • Located 3.5km NE of Apollo- Ra deposits on the Keith Kilkenny Structure • Located directly on the gold prospective Keith Kilkenny Lineament • Sparse Drilling – only one section of
Slide 14: Yerilla Shear: Highly prospective regional targets
Yerilla Shear Highly prospective regional targets For personal use only • 17m @ 6.04g/t Au from 86m; fence line RC intersection with only limited follow up work • 5km Long Trend of Significant Intersections on the Yerilla Shear and folded rocks • Historic production from the greater area over 17,700
Slide 15: Planned Exploration Schedule 2018
Planned Exploration Schedule 2018 Regular Results Flow • Targeting ~20,000m of drilling For personal use only • Multiple drilling phases – scheduled results flow • Clear strategy to add shareholder value - 3 pronged approach will aim to: ▪ grow existing Apollo Hill resources base by targeting along
Slide 16: ASX Peer Comparison
ASX Peer Comparison For personal use only Company ASX Code Market Cap EV EV/Resources Gold Road GOR $702M $478M $147/oz Resources Echo Resources EAR $171M $14M $91/oz Capricorn Metals CMM $55.4M $45.1M $41/oz Saturn Metals STN $10M $3.5M $6.93/oz Source Information from Company ASX Presentations – G
Slide 17: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care For personal use only from information provided by the Company and from sources, which the Company believes are reliab