Star Minerals Ltd. · ASX:SMS
Star Minerals — Spark Plus Metals & Mining Day 2022
22 slides from Star Minerals's conference presentation, Mar 3, 2022
Slide 1: Star Minerals to present at Metals & Mining Day hosted by Spark Plus
ASX ANNOUNCEMENT 3 March 2022 STAR MINERALS TO PRESENT AT METALS & MINING DAY HOSTED BY SPARK PLUS Star Minerals Limited (ASX: SMS, “the Company” or “SMS”) is pleased to announce its participation in Spark Plus’s Metals & Mining Day on 3 March 2022. CEO, Greg Almond will present on the Company and r
Slide 2: Webinar registration and contact information
After registering your interest, you will receive a confirmation email with information about joining the webinar. Participants will be able to submit questions via the panel throughout the presentation; however, we encourage shareholders and investors to send through questions via email beforehand
Slide 3: About Star Minerals Limited; Compliance Statements
ABOUT STAR MINERALS LIMITED SMS is focused on development and exploration of its copper and gold projects. The Company will be using the data gathered to complete the required works to bring the Tumblegum South project up to the necessary level for a decision to mine to be made. In addition, it will
Slide 4: Investor Presentation March 2022
I N V E STO R P R E S E N TAT I O N March 2022 ASX: SMS
Slide 5: Important Notice
IMPORTANT NOTICE This presentation is issued by Star Minerals Ltd ACN 648 048 631 (Star Minerals). Confidentiality and no distribution of information The information in this document is confidential to Star Minerals. This document must not be photocopied or reproduced in any physical or electronic f
Slide 6: Tumblegum South and West Bryah projects
• Advanced Tumblegum South Project, approximately 40km south of Meekatharra • Gold resource, ready to quickly bring in to production1 • The 349km2 West Bryah Project approximately, 140km north of Meekatharra • Exciting exploration potential in a world class area 1See Star Minerals Limited (ASX: SMS)
Slide 7: Why Star?
WHY STAR? • Focused on gold and copper • Gold resource, ready to bring into production quickly • Rapid move towards mining • Strong support structure – backing from ASX:Bryah and ASX:AVL means we can punch above our weight STAR ASX: SMS MINERALS 4
Slide 8: Update
UPDATE • Corporate Snapshot • Operational Activities • Corporate Activities • Planned Works • Indicative Budget • Opportunities STAR ASX: SMS 5 MINERALS 5
Slide 9: Corporate Snapshot
CORPORATE SNAPSHOT ASX Code: SMS To p 1 0 H o l d e rs: % BRYAH RESOURCES LIMITED 20.75 Ordinary Shares on Issue 53,000,000 CS FOURTH NOMINEES PTY LIMITED 8.95 MAGNOLIA ABSOLUTE RETURN FUND II PTY LTD 8.30 Share Price A$0.20 CITICORP NOMINEES PTY LIMITED 8.19 Options on Issue 14,500,000 JALEIN PTY L
Slide 10: Operational Activities
i= Oh cali ack te y OPERATIONAL ACTIVITIES
Slide 11: Operational Activities
OPERATIONAL ACTIVITIES Very rapid mobilisation to site: • Staff & Contractors mobilised to site 2 days after listing Site Works: ▪ Pad prep completed ▪ Drilling, logging and sampling completed 8 STAR 8 MINERALS
Slide 12: Operational Activities: Tumblegum South Drilling
OPERATIONAL ACTIVITIES • Tumblegum South Drilling ▪ Completed first phase of Tumblegum South drilling 25 holes for 1,994m ▪ Longer than the planned 25 holes (for 1,500m) due to extension of holes • Drilling and Results: ▪ Pit Infill All holes complete 7 holes extended due to mineralisation con
Slide 13: Tumblegum South Results
OPERATIONAL ACTIVITIES Tumblegum South Results1 Great results from drilling – highlights include: Hole_ID Depth_From Depth_To Interval Au_ppm Total grams TGRC007 104 106 2 2.29 4.58 TGRC008 111 113 2 3.47 6.94 TGRC008 147 151 4 3.94 15.76 TGRC012 47 49 2 5.42 10.84 TGRC013 63 77 14 2.49 34.86 TGRC01
Slide 14: Significant intercepts from TGRC008
OPERATIONAL ACTIVITIES Tumblegum South Results1 All significant intercepts from TGRC008: : Hole_ID Depth_From Depth_To Interval Au_ppm Total grams 90 91 1 0.62 0.62 96 98 2 2.21 4.42 106 107 1 0.51 0.51 111 113 2 3.47 6.94 TGRC008 116 117 1 0.49 0.49 124 126 2 0.97 1.94 129 132 3 0.6 1.8 144 145 1 1
Slide 15: Tumblegum South Drilling collars and intercepts
OPERATIONAL ACTIVITIES Tumblegum South Drilling Collars, and selected intercepts. Note: Section line A- AA’ Note: TGRC008 STAR ASX: SMS 12 MINERALS 12
Slide 16: Tumblegum South drilling section and Inferred Resource
OPERATIONAL ACTIVITIES Tumblegum South Drilling Collars, drillhole trace and selected intercepts along Inferred Mineral Resource Section A-AA 600,000 tonnes @ 2.2 g/t Au for 42,500 ounces gold Bold red is >0.5 g/t using a cut-off grade of 0.3g/t Au Au, the dashed line and shading is the >0.1 g/t Au
Slide 17: Corporate Activities
CORPORATE ACTIVITIES • For current projects ▪ Contracts for Bureau Veritas (assays) and Impact Drilling (RC Drilling). ▪ Updating Exploration Operation Notification documentation for Department of Mines, Industry Regulation and Safety ▪ Environmental approvals work – including waste characterisation
Slide 18: Planned Works
PLANNED WORKS • Current projects Complete Tumblegum South planned drilling (after assay return and modelling completed) Commence West Bryah activities – to be planned in collaboration with Bryah Resources Limited (ASX: BYH), to achieve the aims set out in the prospectus, namely “to carry out soi
Slide 19: Indicative Budget as per Prospectus
INDICATIVE BUDGET AS PER PROSPECTUS Total Spend Year 1 Year 2 (on $5M raise) Tumblegum South $1,215,500 $962,500 $2,178,000 West Bryah $412,500 $467,500 $880,000 Costs of Offer $517,503 $517,503 Transfer Duty $174,422 $174,422 Vendor Payments $505,000 $505,000 Admin Cost $408,000 $408,000 $816,000 T
Slide 20: Opportunities: West Bryah
WEST BRYAH OPPORTUNITIES: WEST BRYAH PROJECT IS PRIORITY 1 FOR FUTURE EFFORTS • Soil sampling • Reconnaissance work • Initial Drilling targets OTHER OPTIONS AS MACRO CHANGES (UKRAINE/RUSSIA) PLAY OUT STAR ASX: SMS MINERALS 17
Slide 21: Summary
SUMMARY ▪ Star Minerals has completed the first phase of drilling activities at Tumblegum South Gold Project, with assay results supporting the SMS strategy to move towards mining ▪ Activities at Tumblegum South and West Bryah will accelerate over the next 6 months ▪ Corporate activities will remain
Slide 22: Contact us
Contact us: +61 (08) 9226 1860 info@starminerals.com.au Suite 1, 1 Tully Rd, East Perth, Western Australia 6004 www.starminerals.com.au ASX: SMS 19