Iondrive Limited · ASX:ION
Iondrive — Southern Gold — ShareCafe Hidden Gems Webinar June 2023
16 slides from Iondrive's conference presentation, Jun 9, 2023
Slide 1: South Korea: A New Frontier for Precious and Critical Metals Discoveries
South Korea: A New Frontier for Precious and Critical Metals Discoveries Southern Gold Limited ShareCafe Webinar June 9 2023 ASX Ticker: SAU
Slide 2: Disclaimer
Disclaimer Forward looking statements Not an offer of securities This document contains certain forward-looking statements that involve risks and This Presentation is not a prospectus, product disclosure statement or other offering document under uncertainties. Although we believe that the expectati
Slide 3: South Korea: A New Exploration Frontier – Southern Gold: A Country Play
South Korea: A New Exploration Frontier Southern Gold: A Country Play ▪ 100% focus on South Korea ▪ Frontier destination - under-explored by modern exploration ▪ Exploring for Au-Ag – targeting 1M oz Au ▪ Expanded search in late 2022 to include Cu, Li and REEs ▪ First-mover advantage in modern minin
Slide 4: A committed Board with Extensive Experience
A committed Board with Extensive Experience Peter Bamford Robert Smillie Douglas Kirwin Michael McNeilly Beejay Kim FAusIMM MAICD FSEG MAICD FSEG FAIG BA Econ MBA EVP Samsung Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director 40 years in the construction
Slide 5: Capital Structure
* . >* Capital Structure ‘| SOUTHERNGOLD Corporate Structure Options / Performance Rights Ordinary Shares ESOP 5c and 10c Call to various dates Share Price (5 June 2023) Directors Market capitalisation USD11c ADS Pref. Rights 2024 Cash (30 April 2023) laueraam | CEO/MD LTI Performance Shares subject
Slide 6: NE Asia: A Great Address for Mineral Deposits
NE Asia: A Great Address for Mineral Deposits ▪ NE Asia an emerging world-class mineral province with extensive and diverse mineral deposits ▪ Major precious metal mineralising event occurred in the Cretaceous Period ▪ South Korea part of this NE Asian mineral province; hosts world-class Sangdong Tu
Slide 7: South Korea: Overlooked High-Grade Au-Ag Deposits
South Korea: Overlooked High-Grade Au-Ag Deposits • Orogenic Au systems in Precambrian basement rocks - historic mining since 1100BC. • Placer Au extensive alluvial mining in the “valley fill” areas across Korea (recent historic mining). • Epithermal Au-Ag systems in Cretaceous basins/ volcanic rock
Slide 8: 2023 Drill Program: Deokon Au-Ag Project
2023 Drill Program: Deokon Au-Ag Project ▪ Mined in the 1970’s as a multilevel underground mining operation – 38k oz Au, 2.3M oz Ag (non-JORC) ▪ Very high-grade surface samples: 78 g/t Au 13,000 g/t Ag ▪ Searching for additional high-grade shoots along extensive Main Deokon fault structure and miner
Slide 9: 2023 Drill Program: Goseong Cu-Au-Ag Project
2023 Drill Program: Goseong Cu-Au-Ag Project ▪ Project covers 70 km2 within historic copper mining district and surrounds – large fertile mineralised system; structures over 2km long ▪ Limited gold assaying, limited modern exploration - SAU samples up to 18.7 g/t Au, 265 g/t Ag, 3.92% Cu ▪ A new tar
Slide 10: Increasing Demand for Li, REE
Increasing Demand for Li, REE 10
Slide 11: New Lithium Exploration Portfolio
New Lithium Exploration Portfolio ▪ Nationwide targeting study undertaken by RSC consultancy in 2022 ▪ Exploration licence applications lodged over five project areas covering a total area of 454 km2 – Li anomalies up to 400ppm from historical country-wide stream-sediment survey by KIGAM ▪ Limited p
Slide 12: New REE Exploration Portfolio
New REE Exploration Portfolio ▪ Exploration licence applications lodged over highly prospective geology adjacent to South Korea’s only two known unmined REE deposits ▪ Both projects have Thorium and magnetic anomalies from regional govt surveys and continuity of prospective host lithologies and faul
Slide 13: Acquisition of Iondrive Technologies
Acquisition of Iondrive Technologies ▪ SAU acquiring battery commercialisation company Iondrive Technologies for $1.2M in SAU shares ▪ Strategic investment with an opportunity to add shareholder value and diversify ▪ Acquisition complements SAU’s recent diversification to include lithium and REEs wi
Slide 14: Next Generation Battery Technology Projects
Next Generation Battery Technology Projects
Slide 15: Upcoming Activities
Upcoming Activities JUN - JULY • Diamond drilling at Goseong Cu-Au Project – assays mid-July 2023 • Working up REE and Li Projects – first REE assays AUG - SEP • Diamond drilling at Aphae Au-Ag Project 2023 • Continue working up REE and Li Projects – first Li assays OCT - NOV • Diamond drilling REE
Slide 16: Thank You
THANKYOU 감사합니다 Robert Smillie E: rsmillie@southerngold.com.au W: www.southerngold.com.au Managing Director IDT Linkedin southerngold.com.au SAU Twitter
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