Polymetals Resources Ltd. · ASX:POL
Polymetals Resources — Investor Presentation (October 2022)
21 slides from Polymetals Resources's investor presentation, Oct 4, 2022
Slide 1: Unlocking Siguiri Basin Gold Potential
For personal use only Unlocking Siguiri Basin Gold Potential Opportunity for significant gold discovery in Guinea Investor Presentation – October 2022
Slide 2: Disclaimer & Forward Looking Statement
Disclaimer & Forward Looking Statement Insert updated disclaimer – no IPO related The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Polymetals For personal use only Resources Ltd (ASX: POL, “Polymetals” or the “Company”) a
Slide 3: Company Highlights
Company Highlights • Well established mining address for For personal use only Recognised international explorers and miners. Location • Relatively underexplored region of West Africa yielding exciting new discoveries. • Practical Executive Management team Strategic focused on effective project deli
Slide 4: Corporate Overview
Corporate Overview Directors For personal use only Capital Structure Shareholders A$0.155 A$12.5M Board & Management Top 20 Shareholders Mr David Sproule Share Price (as at 30/09/2022) Market Cap at Non-Exec Chairman A$0.155/Share 57% 80% 80.56M Ordinary Shares Nil Mr Alistair Barton 3.5M Debt Non-E
Slide 5: Executive Team
Executive Team For personal use only Mr Alex Hanly Mr Vincent Fayad Mr Kurt Laney Chief Executive Officer Co-Company Secretary & CFO Co-Company Secretary Mr Alex Hanly has a Bachelor of Mechanical Mr Vince Fayad has over 35 years’ experience in Mr Laney is an Associate Director at Vince Fayad Engine
Slide 6: Guinea's Industry Overview
Guinea’s Industry Overview Potential for Gold Discovery For personal use only A significant gold endowment with 10% of West Africa’s gold production (900,000 oz p.a. and significant artisanal production). Infrastructure Development Focus on Guinean infrastructure upgrade (670km Trans-Guinean railway
Slide 7: Polymetals' Siguiri Basin Portfolio
Polymetals’ Siguiri Basin Portfolio For personal use only Two 100% owned exploration licences in active exploration district • Siguiri Basin hosts several large active gold mining operations. • Siguiri Basin is underexplored and known for its significant and widespread gold anomalism. • Two 100% own
Slide 8: Extensive Shallow Artisanal Mining
Extensive Shallow Artisanal Mining Alahiné Gold Project Mansala Gold Project For personal use only Alahiné artisanal gold workings typically range 5-15m in depth targeting mineralised laterite, near Mansala artisanal gold workings in “Area F” within NE quadrant of licence typically comprise surface
Slide 9: A Productive 12 months – Exploration accelerating
A Productive 12 months – Exploration accelerating For personal use only Alahiné 8,619m Alahiné & Mansala auger drilling 1,200 line-km IPO on ASX program aeromag survey completed completed Jun Aug Feb Apr May Jul 2021 2021 2021 2022 2022 2022 Alahiné Phase 2 Alahiné Phase 3 Mansala 6,123m 7,300m dril
Slide 10: Alahiné Phase 3 drilling program
Alahiné Phase 3 drilling program RC DRILLING PROGRAM For personal use only COMPLETED JUL-22 • High grade zones intersected and a number of broad zones of strong, shallow gold mineralisation • Key gold intersections include1: • AH22RC164 16m @ 3.01 g/t Au from 62m, including 7m @ 5.78 g/t from 71m •
Slide 11: Alahiné Phase 3 – Strike Continuity Confirmed
Alahiné Phase 3 – Strike Continuity Confirmed RC DRILLING PROGRAM For personal use only COMPLETED JUL-22 • Phase 3 focussed on confirming strike continuity and down-dip extent of previously reported mineralised intersections • Mineralisation intersected on infill drill traverses along strike, down-d
Slide 12: Alahiné – Structural Targets Identified
Alahiné – 10 Structural Targets Identified For personal use only HIGH-RESOLUTION SURVEY COMPLETED APR-22 • Airborne magnetic survey identifies ten (10) high-priority geophysical targets • The major NNE mineralised trend is coincident with an interpreted folded unit which provides confidence in the s
Slide 13: Alahiné Auger Program Identifies New Targets
Alahiné Auger Program Identifies 3 New Targets AUGER DRILLING For personal use only COMPLETED FEB-22 751 holes for 8,619m1,2 • Auger Results outline three (3) new mineralised trends within the Alahiné Licence. • Peak saprolite grades of 3.58 g/t Au and 0.93 g/t Au. • Composite samples (typically 2 t
Slide 14: Mansala Auger Drilling Program Completed
Mansala Auger Drilling Program Completed AUGER DRILLING For personal use only COMPLETED MAY-22 • Campaign comprised 799 holes totaling 6,123m on a 100m x 50m drill pattern. • Best auger results1 include 3m @ 4.57 g/t Au, 3m @ 3.26 g/t Au and 1m @ 2.50 g/t Au. • Multiple mineralised trends identified
Slide 15: Mansala – High-grade Target Identified
Mansala – High-grade Target Identified PROGRAM ILLUSTRATES For personal use only PROSPECTIVITY OF LICENCE • Quartz stockwork target identified within artisanal workings from chip sampling. • Best results1 include 16.70 g/t Au, 8.35 g/t Au, 5.74 g/t Au and 5.48 g/t Au over 600m strike length. • 103 r
Slide 16: Mansala – Structural Target Identification
Mansala – Structural Target Identification MULTIPLE TARGETS For personal use only IDENTIFIED AT MANSALA GOLD PROJECT • Airborne magnetic survey identifies eight (8) high- priority geophysical targets. • Structural features identified are comparable with large Siguiri Style mineralised systems in the
Slide 17: Mansala – Gold Pathfinder Evaluation
Mansala – Gold Pathfinder Evaluation For personal use only MANSALA INFILL SOIL SAMPLING & XRF ANALYSIS • Objective of the infill soil sampling programme is to delineate orogenic gold pathfinder elements (As, Ag, Bi, Mo, Sb, W and Te) within the western corridor of the Mansala property. • The samples
Slide 18: Capitalising on Previous Works
Capitalising on Previous Works Auger Drill Sample Analysis Underway For personal use only 1 XRF analysis for several pathfinder elements will be conducted on all auger bottom-of-hole intervals at Alahiné and Mansala projects. Mansala Phase 1 Drill Program (~Jan-23) 2 RC drill program to be planned f
Slide 19: Business Development Opportunities
Business Development Opportunities For personal use only The Board of Directors & Executive Management team are actively engaged in project generation activities for POL within Guinea and Australia. Siguiri, Guinea project generation The Guinea geological team are actively engaged in evaluating all
Slide 20: Environment, Sustainability & Governance
Environment, Sustainability & Governance For personal use only “Committed to the highest international ESG standards” Environment Sustainability Governance Health & Safety • Compliance with Guinea • Local workforce 100% • Regular reporting under • Best practice applied to regulations and annual Guin
Slide 21: Contact us
For personal use only Contact us Polymetals Resources Ltd | ASX:POL www.polymetals.com Alex Hanly Chief Executive Officer +61 2 8046 2792 info@polymetals.com Suite 6, Level 5, 189 Kent Street Sydney NSW 2000 Australia This presentation was authorised for release to the ASX by the Board of Polymetals
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