Scorpion Minerals Limited · ASX:SCN

Scorpion Minerals — Investor Presentation (January 2019)

21 slides from Scorpion Minerals's investor presentation, Jan 10, 2019

  1. Slide 1: Scorpion Minerals Limited Investor Presentation January 2019

    For personal use only Scorpion Minerals Limited INVESTOR PRESENTATION January 2019

  2. Slide 2: Disclaimer

    Disclaimer For personal use only Competent Persons Statement 1 in which the findings are presented have not materially modified from the original market announcements. The information in this report that relates to the geology and Exploration Results relating to the Dablo Project in Burkina Faso is

  3. Slide 3: Corporate Summary

    Corporate Summary For personal use only Share Price past 12 months Board Ms Bronwyn Barnes – Non-Executive Director Mr Grant Osborne – Non-Executive Director Mr Neil Porter – Non-Executive Director Substantial Shareholders Fotios entities 28.3% Barnes entities 4.9% Capital Structure Wyllie Group Pty

  4. Slide 4: Scorpion Minerals Limited – Projects Overview

    Scorpion Minerals Limited – Projects Overview For personal use only Dablo – Burkina Faso • Premium destination for mineral exploration • First mover advantage in emerging PGE-Au, Ni-Cu Province • Multiple mineralised horizons at base of ultramafic • New discoveries being made with each drill program

  5. Slide 5: Burkina Faso – Country Overview

    Burkina Faso – Country Overview For personal use only • Former French colony, now a Democracy with recently elected new President (2015) • Population of 18 million in a country roughly similar in size to Victoria • One of the world’s top 20 gold producers - 11 operating gold mines, 5 under construct

  6. Slide 6: Dablo, Burkina Faso – Location and regional projects

    Dablo, Burkina Faso – Location and regional projects For personal use only

  7. Slide 7: Dablo - Palladium rich PGE-Au, Ni-Cu Deposit

    Dablo - Palladium rich PGE-Au, Ni-Cu Deposit For personal use only Drill Ready with Walk Up Targets • First mover advantage in emerging PGE-Au, Ni-Cu Province • Large tenement package of 981 km2 along the Dablo UltraMafic Intrusive Complex (DUMIC) • Strike length of 6 km identified within >35 km ano

  8. Slide 8: About PGE’s – Platinum Group Elements

    About PGE’s – Platinum Group Elements For personal use only PGE’s are Pd - Palladium, Pt - Platinum, Rh - Rhodium, $2,750 Ir - Iridium, Os – Osmium, Re - Rhenium and Ru - Ruthenium Platinum Palladium Platinum Rhodium Palladium $2,250 Pd Pt Rh Rhodium Primary Uses Catalytic Catalytic Catalytic Conver

  9. Slide 9: 3E Intercepts and Approximate Gold Equivalence

    3E Intercepts and Approximate Gold Equivalence For personal use only • Quoted 3E grades comprise Pd + Pt + Au in g/t. • Historically the Pd/Pt/Au ratios at Dablo have been 7/4/1 Additional economic commodities at current 1spot prices would represent the following approximate Au Value • Nickel – 0.5%

  10. Slide 10: Dablo Project – Tenement location

    Dablo Project – Tenement location For personal use only

  11. Slide 11: Dablo Main Intrusion

    Dablo Main Intrusion For personal use only • 6 km of known ultramafic-mafic intrusion hosted by Birimian granite- greenstone • Multiple mineralised horizons identified at base of ultramafic • Mineralised sequence coincident with Pole-Dipole IP anomaly on every line • Limited drilling: • 26 Diamond h

  12. Slide 12: Dablo Project – Regional discoveries 2018 drilling

    Dablo Project – Regional discoveries 2018 drilling For personal use only • Discovery hole at Tangaseiga • Discovery holes at La Forge • Newly discovered orogenic gold prospect (near Dablo North) • Significant mineralised widths intersected at all prospects Background image is greyscale magnetic firs

  13. Slide 13: Dablo North – 2018 Drilling highlights

    Dablo North – 2018 Drilling highlights For personal use only

  14. Slide 14: The Mt Mulcahy Project

    The Mt Mulcahy Project For personal use only • Located 50 km north of Cue in WA’s Murchison Mineral Field • 100% owned by Pegasus • Archaean VMS-style mineralisation • Historic exploration conducted in the 1970s & 80s • Similar geological setting to the world-class Golden Grove VMS deposits and Silv

  15. Slide 15: Mt Mulcahy Project – Location and regional projects

    Mt Mulcahy Project – Location and regional projects For personal use only

  16. Slide 16: Mt Mulcahy Project – Typical cross section

    Mt Mulcahy Project – Typical cross section For personal use only

  17. Slide 17: Mt Mulcahy Project – Proposed extensional drilling

    Mt Mulcahy Project – Proposed extensional drilling For personal use only

  18. Slide 18: Soil geochemistry, VTEM anomalies and lithology contacts

    Soil geochemistry, VTEM anomalies and lithology contacts For personal use only

  19. Slide 19: Mt Mulcahy Project – Resource table

    Mt Mulcahy Project – Resource table For personal use only Mt Mulcahy South Limb Pod Mineral Resource Estimate as at 30th June 2018 Grade Contained Metal Resource Category Cu Zn Ag Au Tonnes (%) (%) Co (%) (g/t) Au (g/t) Cu (t) Zn (t) Co (t) Ag (oz) (oz) Measured 193,000 3.0 2.3 0.1 25 0.3 5,800 4,40

  20. Slide 20: Future work

    Future work For personal use only Dablo – Burkina Faso • RC drilling will be employed to test for potential of new mineralised zones, Diamond drilling to test all known mineralisation • Follow-up Drilling of regional discoveries at Tangaseiga and La Forge • Follow-up Drilling of orogenic gold discov

  21. Slide 21: Contact

    For personal use only Contact: Bronwyn Barnes t: +61 417 093 256

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