Saturn Metals Ltd. · ASX:STN

Saturn Metals — Investor Presentation (December 2019)

16 slides from Saturn Metals's investor presentation, Dec 11, 2019

  1. Slide 1: Next Generation Gold Company in a Multi Million Ounce Province

    Next Generation Gold Company in a Multi Million Ounce Province For personal use only Investor Presentation ASX:STN Ian Bamborough Managing Director www.saturnmetals.com.au 11 December 2019

  2. Slide 2: Apollo Hill 'Greater' Gold Project Overview, Location and Tenure

    Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure ASX:STN For personal use only • 60km south-east of Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • Centred around the current 781,000oz JORC Mineral Resource Indicat

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot Well Funded – Strong Register ASX:STN Share Price Since Listing in March 2018 Substantial Shareholders For personal use only Peel Mining Limited (escrowed – March 2020) 27.3% Wythenshawe and Associates 7.8% Funds 4.4% Directors and Management 3.4% Top 20 65% Corporate Metrics Cash

  4. Slide 4: Resource Upgrade (781koz Au) - Open for Expansion

    Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A Significant Increase For personal use only – Open for Expansion • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 24.5 Mt @ 1.0g/t Au for 781,000oz reported above a cut-off grade of 0.5g/t Au and variable shallow

  5. Slide 5: Resource Upgrade - Higher Grade Hanging-wall Open for Expansion

    Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade Hanging-wall Open for Expansion For personal use only • Hanging-wall system still sparsely drilled; • Open Down plunge, along strike and to the east • Near surface improved grade makes for excellent drill targets The models

  6. Slide 6: A 250% Increase in Indicated Category

    Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A 250% Increase – In Indicated Category from 2018 Mineral Resource For personal use only • Increased Confidence • Quality • Ounces • 9.2Mt @ 1.0g/t Au for 298koz is now classified as an Indicated Mineral Resource representing 38% of the

  7. Slide 7: Higher Grade System Extends

    Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade System Extends For personal use only • 5m @ 5.19g/t Au from 44m – AHRC0269b extends mineralisation eastwards towards where mapping and geochemistry has shown near surface exploration potential to the east of the existing mo

  8. Slide 8: Hanging-wall Long-sections - Higher Grade Shoots

    Apollo Hill - Hanging-wall Long-sections – Higher Grade Shoots ASX:STN • Continuity, Plunge, Repetition – Stacked Shoots For personal use only • Recent intersections now contained in the Resource include: 17m @ 2.96g/t Au from 41m - including: 10m @ 4.82g/t Au from 45m, which also includes; 4m @ 9.3

  9. Slide 9: Expanding Vision - October 2019

    Expanding Vision – October 2019 Composite section provides clues to discovery potential ASX:STN • 1.5km wide anomalism and growing • Link structures and parallel lodes interpreted For personal use only • Gold system of substantial scale High Density Drilling = Less Drill Density Lowest Drill Density

  10. Slide 10: Recent Drill Results October - December 2019

    Recent Drill Results October – December 2019 ASX:STN • 10,000m of drilling completed – assays pending for 9 holes For personal use only • Results Include: 5m @ 4.70gt Au from 126m – AHRC0297b; 6m @ 4.08g/t Au from 108m within 55m @ 0.62g/t Au from 92m – AHRC0281b; 14m @ 1.40g/t Au from 133m – AHRC02

  11. Slide 11: Latest Drilling - assays pending

    Latest Drilling – assays pending Step out holes test the bigger picture – assays confirm growing system down dip ASX:STN NW SE 14m @ 0.4g/t Au For personal use only from 11m including 3m @ 1.65g/t Au Higher Grade from 11mb Hanging- wall Zones Ra Apollo Hill North LEGEND Au g/t 11m @ 1.2g/t Au within

  12. Slide 12: Southern Extension

    Apollo Hill – Southern Extension Undrilled Target ASX:STN Little Drilling For personal use only South of Apollo Hill - The Ra Tefnut Gap N-S #2Trending Fabric Fabric - N-S Trending displaces disrupts mineralisationcontinuity mineralisation continuityatatthe thesouth of south pfApollo ApolloHill Hill

  13. Slide 13: Simple Metallurgy

    Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction Data collected with GeoCore X10 ASX:STN characteristics for easily recoverable gold Grey Green For personal use only Gold Grains Basalt CONVENTIONAL AND GRAVITY • More than 60% recovery by gravity • Greater t

  14. Slide 14: Regional Program - Looking for a Big New System

    Regional Program Looking for a Big New System ASX:STN Recent Aircore Program: Apollo Hill Airborne Magnetic and Ground Gravity Image For personal use only with Saturn Metals Limited Tenements and Road Network Widely spaced lines ~1.2km appropriate to structural targets - 300m drill spaced – looking

  15. Slide 15: Growth - Expanding Footprint

    Growth Expanding Footprint ASX:STN • Drill pads photographed to For personal use only September 2019 1.7km • Mineralisation from surface • Expanding width • Single Large Deposit 300m Hanging-wall Step-out • 10,000m Resource Extension Program Scheduled for Early Open January 2020 Open Field mapping e

  16. Slide 16: Disclaimer & Competent Person Statements

    Disclaimer & Competent Person Statements ASX:STN The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons

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