Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (September 2020)
19 slides from Saturn Metals's investor presentation, Sep 14, 2020
Slide 1: Next Generation Gold Company in a Multi Million Ounce Province
Next Generation Gold Company in a Multi Million Ounce Province Investor Presentation ASX:STN Ian Bamborough Managing Director www.saturnmetals.com.au 9 September 2020
Slide 2: Apollo Hill 'Greater' Gold Project: Overview, Location and Tenure
Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure ASX:STN • 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 Indicated and Inferred JORC C
Slide 3: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register ASX:STN Share Price Since Listing in March 2018 Substantial Shareholders 24 June 2020 Funds 38% Wythenshawe and Associates 11% Peel Mining Limited 4.8% Directors and Management 3.1% Top 20 64.5% Corporate Metrics Funds (30 June 2020 Reported Quarterly
Slide 4: Apollo Hill – Resource Upgrade (781koz Au) October 2019
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN A Significant Increase – Open for Further 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 RLs1 • Expans
Slide 5: Higher Grade Hanging-wall Open for Expansion
Apollo Hill – Resource Upgrade (781koz Au) October 2019 ASX:STN Higher Grade Hanging-wall Open for Expansion • Hanging-wall drilled system still sparsely • Open down plunge, along strike and to the east • Near surface improved grade makes for excellent drill targets The models are reported above nom
Slide 6: Recent Excellent Drill Results
Recent Excellent Drill Results 2020 36m @ 1.32g/t Au Incl. 11m @ 3.28g/t from 208m And 35m @ 3.99g/t Au Incl. 12m @ 9.98g/t Au from 269m ASX:STN And 13m @ 1.2g/t Au from 301m. • High grade step out and extensional results AHRC0312 include: 5m @ 8.03g/t Au from 111m And 14m @ 7.75g/t Au Incl. 8m @ 12
Slide 7: Robust Repeatable High-Grade Intersections
Robust Repeatable High-Grade Intersections 12m @ 9.98g/t Au 8m @ 12.9g/t Au ABIM Solutions Optical ASX:STN from 269m from 126m Televiewer interpretation (AHRC0312a) (AHRC0330a) and image *Intersections approximately 100m apart vertically and horizontally www.saturnmetals.com.au 7
Slide 8: Growth - The Start
Growth - The Start March 2018 – 505koz 17.2Mt @ 0.9g/t Au (0.5g/t Au cut off); IPO Documentation ASX:STN Apollo Hill Ra Zone Maximum Resource Depth – only quoted to 180m below surface Au g/t Disc Size proportional to grade Composite Cross Section -+/-2km www.saturnmetals.com.au Animated slide during
Slide 9: Growth - Ounces Develop with Resource Drilling
Growth - Ounces Develop with Resource Drilling November 2018 – 685koz 20.7Mt @ 1g/t Au (0.5g/t Au cut off); ASX Announcement 19 November 2018 ASX:STN Apollo Hill Ra Zone Ra Zone Resource quoted to 90m depth Maximum Resource Depth – only quoted to 180m below surface Au g/t Disc Size proportional to g
Slide 10: Growth - Ounces Jump with Hanging-wall Discovery
Growth - Ounces Jump with Hanging-wall Discovery October 2019 – 781koz 24.5Mt @ 1g/t Au (0.5g/t Au cut off)1 ASX:STN Apollo Hill Hanging-walls Ra Zone Maximum Resource Depth – only quoted to 180m below surface, Ra Zone and new Hanging-walls cut to 90m below surface Au g/t Disc Size proportional to g
Slide 11: Major Step - Thick High Grade Mineralisation
Major Step - Thick High Grade Mineralisation June 2020 – Now – Next Resource Upgrade planned for later in 2020 ASX:STN Apollo Hill Hanging-walls Ra Zone 5m @ 8.03g/t Au from 111m And 14m @ 7.75g/t Au Incl. Maximum Resource Depth – only quoted to 8m @ 12.9g/t Au from 120m 180m below surface, Ra Zone
Slide 12: Next Steps - Drill Out
Next Steps - Drill Out June 2020 – 50,000m planned subject to ongoing success and funding ASX:STN Apollo Hill Hanging-walls Ra Zone Au g/t 600m wide mineralised corridor Disc Size proportional to grade Composite Cross Section -+/-2km www.saturnmetals.com.au Animated slide during presentation 12
Slide 13: Big Picture Snapshot - August 2020
Big Picture Snapshot - 11 August 2020 Recent Results Summarised ASX:STN www.saturnmetals.com.au 13
Slide 14: Metallurgical test work has shown excellent gold extraction characteristics
Metallurgical test work has shown excellent gold extraction characteristics for easily recoverable gold Data collected with GeoCore X10 CONVENTIONAL AND GRAVITY ASX:STN • More than 60% recovery by gravity Grey Green • Greater than 92% gold recovery conventional (at only 300 µm grind); 98% Gold Grain
Slide 15: Satellite Prospect – Calypso
Satellite Prospect – Calypso Structural Interpretation and new results could highlight a Camp Scale Opportunity ASX:STN • Recent Significant Results: 9m @ 8.67g/t Au from 115m, incl. 3m @ 24.6g/t Au 10m @ 9.80g/t Au • Open along strike PHA0369 9m @ 8.67g/t Au Incl. 3m @ 24.6g/t Au Planned Calypso RC
Slide 16: Regional Potential – Central Strategic Position in Belt
Regional Potential – Central Strategic Position in Belt Under Cover and Minimal Exploration ASX:STN • +1,000km2 of Greenfields land package starting to yield results Opportunity along strike under cover – sparse drilling; more drilling planned Apollo Hill Resource Known mineralisation Drill holes La
Slide 17: Growth
Growth A simple, single pit with potential to encompass all the growing Mineral Resource ASX:STN • Mineralisation from surface • Expanding width • Single Large Deposit Planned during the next Quarter • 20,000m RC drilling targeting high grade trends at Apollo Hill • 4,000m of Aircore targeting Regio
Slide 18: West Wyalong Joint Venture Agreement
West Wyalong Joint Venture Agreement High Grade Vein Opportunity in Tier 1 Australian Gold Provence ASX:STN • Production from the West Wyalong Goldfield, between 1894 and 1915, ~439,000 oz Au at 36g/t Aua1 • West Wyalong mines are shallow by current standards and mineralisation is open down dip and
Slide 19: 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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