Southern Palladium Ltd. · ASX:SPD
Southern Palladium — 2023 Junior Indaba
16 slides from Southern Palladium's conference presentation, Jun 7, 2023
Slide 1: SPD – 2023 Junior Indaba Presentation
7 June 2023 SPD – 2023 Junior Indaba Presentation Stepping Into a Unique PGM Opportunity Southern Palladium Limited (ASX Code: SPD and JSE Code: SDL) is pleased to provide its 2023 Junior Indaba Presentation to be presented by the Company’s Managing Director in Johannesburg today. JORC Code Complian
Slide 2: Stepping Into a Unique PGM Opportunity
SOUTHERN PALLADIUM LIMITED STEPPING INTO A UNIQUE PGM OPPORTUNITY PAGE
Slide 3: Disclaimer
DISCLAIMER The following disclaimer applies to this investor presentation (Presentation). You should read this disclaimer carefully before reading or making any other use of this Presentation or any information contained in this Presentation. By accepting this Presentation, you represent and warrant
Slide 4: Bengwenyama Project
A large, shallow, advanced exploration/development Platinum Group Metals (PGM) opportunity Two-year exploration programme targeting delivery of a PFS for a significant new mine, and the submission of a Mining Right Application ~200koz 4E BENGWENYAMA ~280koz 4E PGM project in the heart of the Eastern
Slide 5: Corporate and Asset Ownership Structure
CORPORATE AND ASSET OWNERSHIP STRUCTURE BOARD OF DIRECTORS – SOUTHERN PALLADIUM Bengwenyama NON-EXECUTIVE DIRECTORS Community 9.3% Southern Palladium Mike Stirzaker Daan van Heerden NED MUM via Non-Executive Johan Odendaal Limited Interim Managing Director Rob Thomson Nurinox Investments Geoff Hille
Slide 6: Our Achievements in 12 Months
OUR ACHIEVEMENTS IN 12 MONTHS 8 June 2022 Simultaneous listing on the • Successful capital raise of AUD$19m ASX:SPD and JSE:SDL • Signed Framework and Cooperation Agreement with the Bengwenyama Community • Completed initial Scoping Study • Completed ~12,000m drilling • Extended the Resource area fur
Slide 7: Phase 1A Drilling Completed
PHASE 1A DRILLING COMPLETED GEOLOGY- LESS COMPLEX A • Aim: • obtaining reef intersections across shallow eastern portion 2 000 m • better understand overall grade distribution • develop a more accurate geological model • Outcome: • extended the resource area further east • established dip of the UG2
Slide 8: Mineral Resource (4E) – 22.04Moz
MINERAL RESOURCE (4E) – 22.04MOZ UG2 (4E) RESOURCE INCREASES BY 39% A • UG2 Resource extended to the Southeast and UG2 Mineral Resource as at 30 May 2023 increased from 8.38Moz to 11.65Moz (4E) Resource Tonnes Reef width 4E 7E (4E) (7E) Classification (Mt) (cm) (g/t) Moz • Much of the resource addit
Slide 9: Near Term Drilling and Schedule
NEAR TERM DRILLING AND SCHEDULE THE PAYBACK AREA A • Converting the inferred UG2 Mineral Resource in a block defined as the ‘Payback Area’ to an Indicated Mineral Resource • Understand the structures and reef in the Southern Horst Block which currently lies within the Exploration Target • Investigat
Slide 10: Our Goal for the Next 36 Months
OUR GOAL FOR THE NEXT 36 MONTHS 2023 2024 Mid 2025 1 2 3 4 5 6 Social and Labour 1. Update Scoping Infill Drilling, Plan & Community Accelerate the Study resource updates Phase 1 drilling Construction Upliftment Mining Right 2. PFS and maiden and FS/Final and resource updates Development Application
Slide 11: Yes We Can!! Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE The Southern Palladium board ENVIRONMENT SOCIAL GOVERNANCE members will bring their The boards of Southern Palladium Our approach to environmental stewardship The resident Bengwenyama Community is a respected collective experience in ESG is based on minimising ha
Slide 12: ESG – Bengwenyama Community Engagement
ESG JSE Listing BENGWENYAMA COMMUNITY ENGAGEMENT Security First tender Khomanani exploration office Social upliftment development programme Communication Sanitation and diesel Geology PAGE 11
Slide 13: Green Economy Fuels PGM Demand
GREEN ECONOMY FUELS PGM DEMAND • More stringent emissions control legislation in next decade Green hydrogen • Current developments in terms of (Platinum and Iridium) new supply and exploration are limited – the low hanging fruit has been taken Fuel cells • Shift in demand trends 3 1 (Platinum) APPLI
Slide 14: In Summary
IN SUMMARY LOCATION • The right address amongst Tier 1 operations • Good infrastructure UNLOCKING • Exploration has proven grade, reef width and geology POTENTIAL • Focus is now to improve knowledge of the larger area • Optimise the value metrics. • Project is solid. ATTRACTIVE VALUE • External fact
Slide 15: PAGE
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Slide 16: Experienced Boards & Management with Outstanding Track Record
EXPERIENCED BOARDS & MANAGEMENT WITH OUTSTANDING TRACK RECORD SOUTHERN PALLADIUM MIRACLE UPON MIRACLE NON-EXECUTIVE INTERIM CHAIRPERSON NON-EXECUTIVE – CHAIRPERSON Mike Stirzaker Adv. Lindi Nkosi-Thomas • Born and educated in South Africa (B.Com) and qualified as a Chartered Accountant in Australia