St. George Mining Ltd. · ASX:SGQ
St. George Mining — Shareholder Meeting (November 2016)
26 slides from St. George Mining's shareholder meeting presentation, Nov 23, 2016
Slide 1: Positioned for Further Exploration Success and Growth
‘Positioned for Further Exploration Success and Growth’ For personal use only 23 November 2016 AGM Presentation
Slide 2: 2016 – A Year of Achievements
2016 – A Year of Achievements Milestones Attained For personal use only Exploration Success Corporate Growth Mt Alexander: 400% increase in market cap: Acquired Mt Alexander on From $10m to $40m (at 16c/share) competitive terms Rising share price: Drilling extends strike of recurrent 16c com
Slide 3: 2017 – Positioned for More Success
2017 – Positioned for More Success Increasing Shareholder Value For personal use only More Discoveries at Mt Alexander Discover further high grade Ni-Cu-PGE sulphide mineralisation Accelerate regional exploration over underexplored and unexplored areas Resource Definition at Mt Alexander Compl
Slide 4: Overview of St George Mining
Overview of St George Mining High Quality Explorer For personal use only ASX listed: SGQ • Based in Perth, WA Multiple exploration projects • Nickel sulphide and gold • Potential for world class deposits • All in Yilgarn Craton, Western Australia Creating shareholder wealth • Tight capital structure
Slide 5: Corporate Snapshot
Corporate Snapshot Strong shareholder base and market support For personal use only SGQ SGQ Listed shares (SGQ): 250,359,725 discovery at discovery at Listed options (SGQOA): 47,354,622 Cathedrals Stricklands SGQOA - exercise price of 20c, expiring on 30 June 2017. Market cap: $40m (@16c per share)
Slide 6: Highly Qualified Team
Highly Qualified Team Track Record of Exploration Success For personal use only Directors, Management Consultants John PRINEAS, Executive Chairman – founding Newexco - Leading geophysical consultants in nickel shareholder with over 25 years experience in banking sulphide exploration. Advisers on Nov
Slide 7: High Reward Projects
High Reward Projects Company Maker Strategy For personal use only St George has dominant landholdings in under-explored and strategically important districts Mt Alexander Project Significant high grade shallow Ni- Cu sulphide discoveries East Laverton Project High priority targets for gold and nicke
Slide 8: Mt Alexander
Mt Alexander Underexplored Region For personal use only Discovery by BHP Billiton Massive Ni-Cu sulphides first discovered in 2008 but project remained under-explored Acquisition by St George St George gains ownership and control in 2016 and consolidates a dominant tenement package Access to Infrast
Slide 9: Mt Alexander: Pipeline of Targets
Mt Alexander Pipeline of Targets For personal use only Cathedrals Belt High grade Ni-Cu sulphides discovered at: • Cathedrals Prospect • Stricklands Prospect • Investigators Prospect E29/954 recently granted (100% St George) and may host extensions of the Cathedrals Belt Mt Alexander Belt Multiple h
Slide 10: Cathedrals Belt
Cathedrals Belt High Grade Nickel-Copper Sulphide Discovery For personal use only Discoveries at Three Prospects High grade Ni-Cu-PGEs discovered at each of Cathedrals, Stricklands and Investigators Prospects Shallow Mineralisation Massive sulphides between 25m to 170m below surface Thick Mineralisa
Slide 11: St George Extends Strike Length
St George Extends Strike Length From 400m to 3.5km of recurrent mineralisation in the Cathedrals Belt For personal use only 11
Slide 12: Cathedrals Prospect
Cathedrals Prospect High Grade Ni-Cu-PGEs For personal use only St George discovers further massive nickel-copper sulphides and substantially adds to the initial BHP Billiton discovery MAD12: 9.25m @ 0.76%Ni, 0.34%Cu, 0.03%Co and 0.93g/t total PGEs from 81.5m, and 3.95m @ 5.05%Ni, 1.55%Cu, 0.11%Co a
Slide 13: Stricklands Prospect
Stricklands Prospect Massive Sulphide Mineralisation Continues West For personal use only St George’s maiden drilling in May 2016 at Stricklands discovers massive nickel-copper sulphides Follow-up drilling in July 2016 discovers more mineralisation with thicker intersections and higher grades and
Slide 14: Investigators Prospect
Investigators Prospect New Discoveries over 1.3km Strike Length For personal use only MAD31: 3.67m @ 0.56%Ni, 0.28%Cu, 0.02%Co and 1.22g/t total PGEs from 108m, then 1.57m @ 6.26%Ni, 2.71%Cu, 0.18%Co and 4.91g/t total PGEs from 91.4m (photo on right shows the coarse grain pure pentlandite in drill c
Slide 15: Metallurgical Testwork
Metallurgical Testwork High Value Concentrate For personal use only Positive Results from Initial Test Preliminary metallurgical testwork on a sample of massive nickel-copper sulphide indicates that Mt Alexander will produce a high value saleable concentrate that will be sought after High Recoveries
Slide 16: Aeromagnetic Survey
Aeromagnetic Survey Identifying More Targets For personal use only New Airborne Magnetic Survey • 4,471 line km flown on a 50m line spacing and sensor height at 40m to provide new high resolution magnetic data over all four granted tenements to accelerate regional exploration Cathedrals Belt Mag d
Slide 17: Deep Search EM Survey
Deep Search EM Survey High Powered SAMSON For personal use only Cathedrals Belt: New fixed loop electromagnetic (FLEM) survey using the high powered SAMSON system Initially designed for the western part of the Belt where EM targeting has 100% success rate Extended to the newly recognised eastern
Slide 18: Project Value Drivers
Project Value Drivers Favourable Economics and Near Term Catalysts For personal use only Project Economics Favourable Project economics supported by: Shallow depth of mineralisation, likely to be amenable to low cost mining High grades of Ni and Cu with strong credits for Co and PGEs Excellent
Slide 19: Nickel Market
Nickel Market Macro Factors Improving For personal use only • Signs indicate nickel market is commencing an upward cycle • Nickel price is up 17% in 2016 The Producer /Trading House says: Glencore, 22 September 2016: “Following years of structural oversupply, the market today is already much-improve
Slide 20: New Areas of Demand
New Areas of Demand A Lithium Driven Boom in Nickel ? For personal use only Elon Musk, CEO of Tesla on lithium-ion batteries: “….lithium is 2% of the cell mass of our batteries……….. really, our batteries should be called nickel graphite batteries as they are mostly nickel and graphite ….” 20
Slide 21: Nickel – Its Time to Take a Position
Nickel – Its Time to Take a Position 5 Year Chart Shows Reversal of Long Term Trend For personal use only 21
Slide 22: East Laverton Project
East Laverton Project Nickel Sulphide Targets For personal use only Favourable Geology Extensive strike length of high MgO ultramafics with multiple intersections of nickel sulphides Favourable Structural Setting Major fundamental structures/faults that control mineralisation and ore deposits BHP Di
Slide 23: Gold Exploration
Gold Exploration East Laverton Targets For personal use only Important Regional Location Near the two most recent world class gold discoveries in WA – Tropicana +8MozAu and Gruyere +6MozAu Underexplored for Gold Shallow drilling has identified widespread anomalous gold confirming prospectivity Favou
Slide 24: Priority Gold Prospects
Priority Gold Prospects Follow-Up Targets for Drilling For personal use only Ascalon Bristol First pass drilling confirms textbook Large supergene gold anomaly suggests environment for gold potential for a significant primary source Large gold-anomalous zone identified for follow-up drilling 24
Slide 25: Disclaimer
DISCLAIMER: Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates a
Slide 26: St George Mining: creating shareholder wealth through exploration success
For personal use only St George Mining: creating shareholder wealth through exploration success 26
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