Savannah Goldfields Limited · ASX:SVG

Savannah Goldfields — Investor Presentation (May 2023)

20 slides from Savannah Goldfields's investor presentation, May 2, 2023

  1. Slide 1: Gold Production & Growth

    For personal use only Gold Production & Growth. Brisbane Resources Lunch 02 May 2023

  2. Slide 2: Competent Persons Statement & Disclaimer

    Competent Persons Statement & Disclaimer. Competent Persons Statements The information in this report that relates to Exploration Results is based on information compiled by Mr Scott Hall who is a member of the Australian Institute of Mining and Metallurgy. Mr Hall is a full- For personal use only t

  3. Slide 3: Why Savannah Goldfields?

    Why Savannah Goldfields? For personal use only Gold producing Existing 590k oz Processing assets JORC Resource and optimisation upside through Exploration and Resource growth Right geological ‘Hub and spoke’ Potential upside setting for large gold strategy from sulphide scale gold deposits upgrade 3

  4. Slide 4: Regional, strategic & transformational growth

    Regional, strategic & transformational growth. Hub and spoke strategy in North Queensland’s Gulf Savannah For personal use only Phase 4 Phase 3 Phase 2 Scale Phase 1 Target >1mtpa Expansion 2 Processing Centers Agate Oxides Target 250ktpa & Georgetown Sulphides Optimisation Target 180ktpa Establishm

  5. Slide 5: Corporate overview

    Corporate overview. A$0.165 188.8m $31.1m $0.15m Share price (Close 01 May 2023) Issued Capital Market cap (Close 01 May 2023) Cash (As at 31 Mar ‘23) For personal use only Board & Management. Shareholders. Brett Stephen Bizzell Brad Gordon Mark Baker Executive Chairman Thompson Non-Executive Non-Ex

  6. Slide 6: Georgetown

    Georgetown Gold mine and regional processing hub For personal use only Strategic Fit Exploration potential Control over own gold production Extensive nearby packages of while enhancing exploration additional exploration & mining optionality leases Superior cashflows Regional optionality Processing A

  7. Slide 7: Georgetown months of production

    Georgetown 8 months of production Next steps For personal use only • Incremental plant capacity increases steadily being  Completion of Georgetown Gold Plant & Tenement implemented Package Acquisition • Sherwood West ore is currently being mined and hauled  Processing Operations to Georgetown for

  8. Slide 8: Gold production

    For personal use only Gold production Savannah now has 8 months of gold production and further processing optimisation as well as significant upside potential for additional gold resources. 8

  9. Slide 9: March Qtr: Exceptional wet season

    March Qtr Exceptional wet season – weathered the storm but significant production impact For personal use only • Almost double average annual rainfall of ~800mm • 1,316 mm Nov – Mar at Georgetown Plant • 1,546 mm Nov – Mar at Agate Creek Mine site • Localised flooding, haul road closure and extremel

  10. Slide 10: Gold Production snapshot

    Gold Production snapshot First gold was poured 9 September 2022 with steady production ongoing since For personal use only Total Total gold Total Ore silver Total sale Recovery refined & processed refined & proceeds sold sold * 40,000 Sept 4,693 tonnes 96.0% 586 Oz 220 Oz $1.58m 35,000 Qtr at 7.41 g

  11. Slide 11: Agate Creek Gold Project

    Agate Creek Gold Project Resource expansion underway for potential large scale mining and processing For personal use only Further high-grade High-grade ore mining processing underway Mining operations resumed after Ore is permitted and being the wet season and continue to transported through to the

  12. Slide 12: 2022-2024 multi pit operation

    2022-2024 multi pit operation Mining ramping up across several shallow open pits For personal use only (For historical results, refer to ASX announcements of 19/12/17, 27/5/19, 26/11/19 12 and 30/7/20 for full drilling results)

  13. Slide 13: Mineralisation style and regional setting

    Mineralisation style and regional setting New geological model following expert multi-element study* • The Kidston deposit (5Moz) 60km east, is described as mesozonal to epizonal Intrusion Related Gold System (IRGS), with hydrothermal breccias and vein networks related to rhyolite plugs and dikes Fo

  14. Slide 14: Agate Creek Expansion

    Agate Creek Expansion For personal use only 14

  15. Slide 15: Why Savannah Goldfields?

    Why Savannah Goldfields? For personal use only • With 8 months of gold production and ongoing processing optimisation, Savannah’s regional gold expansion strategy continues to rapidly evolve as the Company completes its transition from gold explorer to gold producer • The Gulf Savannah region is a r

  16. Slide 16: Learn more

    Savannah Goldfields For personal use only @sav_goldfields Learn more. Brett Thompson, CEO admin@savannahgoldfields.com savannahgoldfields.com 16

  17. Slide 17: Appendix

    For personal use only Appendix

  18. Slide 18: Other projects

    Other projects Ashford Coking Coal Project Clara Resources Australia For personal use only • 40% sale to Clara Resources Australia (ASX:C7A), Savannah • Savannah has a 19.7% shareholding in ASX listed Clara Resources retains 60% interest. Clara have option to purchase remaining interest Australia (A

  19. Slide 19: Agate Creek Mineral Resource

    Agate Creek Mineral Resource* Table 1: Total recoverable Mineral Resource at 0.5 g/t gold cut-off grade Sherwood Sherwood South Sherwood West Total Classification Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Mt Au g/t Au oz Measured 0.015 4.88 2,400 - - - - - - - - - For personal use only Indicat

  20. Slide 20: Georgetown Mineral Resource

    Georgetown Mineral Resource* • Mineral Resources are Table 4:Georgetown Inferred Mineral Resource Estimates @ 1 g/t Au cut-off based on historic sampling data and block For personal use only Mineral Mass Au Ag Density Au model estimates that Tenement Resource kt g/t g/t t/m koz* provide reasonable r

Savannah Goldfields — Investor Presentation (May 2023) on 6ix