St. George Mining Ltd. · ASX:SGQ
St. George Mining — Australian Nickel Conference 2020
15 slides from St. George Mining's conference presentation, Oct 6, 2020
Slide 1: ASX Media Release: Presentation – Australian Nickel Conference
ASX / MEDIA RELEASE 6 October 2020 PRESENTATION – AUSTRALIAN NICKEL CONFERENCE For personal use only St George Mining Limited (ASX: SGQ) is participating in the Australian Nickel Conference in Perth today as a major sponsor. A copy of the Investor Presentation for the Conference is attached. Authori
Slide 2: Australian Nickel Conference, Perth 2020
Australian Nickel Conference Perth, 2020 For personal use only ST GEORGE MINING LIMITED ACN 139 308 973 ASX: SGQ 6 October 2020
Slide 3: High-Grade Project Ni-Cu-Co-PGEs
High-Grade Project Ni-Cu-Co-PGEs Exceptional high-grade mineralisation: For personal use only • Massive sulphides discovered 30m from surface and open along strike and depth • New style of mineralisation in the region with high grades of nickel, copper, cobalt and platinum group metals Foundation fo
Slide 4: Exploration and Development
Exploration and Development Dual strategy to deliver shareholder wealth Exploration: For personal use only • Four shallow, high-grade discoveries over a 5.5km strike of the Cathedrals Belt…..so far • More than 10km of the Belt remains underexplored • Intrusive nickel sulphide system like many North
Slide 5: Exploration of Deeper Targets
Exploration of Deeper Targets Extensive intrusive network • Surface EM survey can be limited in detecting mineralisation at depth; similar issues at For personal use only other successful nickel discoveries including Nova-Bollinger • Magnetotelluric and Audio-magnetotelluric (MT and AMT) surveys use
Slide 6: 2020 Deep Drilling
2020 Deep Drilling Thick fertile ultramafics confirmed at depth • Until 2020 there was limited drilling beyond 200m below surface For personal use only • Deep diamond drilling in 2020 targeted the newly identified conductive zones and successfully intersected thick mineralised mafic-ultramafic units
Slide 7: Large Target Horizon
Large Target Horizon Prospectivity for further discoveries • Latest drill results validate St George’s geological model of the mineralised Cathedrals Belt For personal use only commencing near surface and dipping to the N-NW at an angle of approx. 40 degrees • The continuity of nickel-copper sulphid
Slide 8: Development: Advancing towards a mine
Development Advancing towards a mine For personal use only Starter mine: • Strategy is to establish a low-cost, high-margin mining operation at Mt Alexander – initially to mine the Stricklands deposit and then roll out the same model to the shallow high-grade deposits at Investigators and Cathedrals
Slide 9: Metallurgical Performance
Metallurgical Performance High-value saleable concentrates For personal use only • Preliminary metallurgical test work completed in Perth on samples of massive and disseminated mineralisation from the Investigators Prospect • Separate nickel and copper concentrates produced from each of the massive
Slide 10: Corporate Overview
Corporate Overview Fully funded for aggressive exploration For personal use only Directors and Management – Vision and Experience for Success Market Capitalisation Listed Shares John PRINEAS, Executive Chairman – founding (2 October 2020) shareholder with over 25 years experience in mining, A$50.3m
Slide 11: Share Price Performance
Share Price Performance Highly leveraged to nickel price and news flow 10.0 Ni US$17,500/t $0.20 For personal use only 7.5 Ni US$15,000/t $0.15 12 month chart Trading Volume (millions) showing the SGQ share price Share Price 5.0 $0.10 relative to the Ni US$12,500/t nickel price 2.5 $0.05 Ni US$10,00
Slide 12: Nickel Outlook
Nickel Outlook Strong future despite COVID-19 The auto industry’s transition to electrification is Global Non-EV and EV Sales For personal use only gaining momentum and impacting significantly on 80 8.0 demand for battery grade nickel. 70 6% 2% -1.5% 7.0 -4.3% Tesla at Battery Day, 22 September 2020
Slide 13: Nickel Price Upswing
Nickel Price Upswing Long term forecasts for sustained price increases For personal use only $60,000 600,000 $55,000 $50,000 $45,000 400,000 $40,000 Market Balance (tonnes) Nickel Price (US$/tonne) $35,000 $30,000 200,000 $25,000 $20,000 $15,000 0 $10,000 $5,000 $0 -200,000 2004 2005 2006 2007 2008
Slide 14: For personal use only
For personal use only Developing a high-grade nickel-copper sulphide project in the heart of Western Australia’s Goldfields. Photo: Diamond drilling underway at the Mt Alexander Project. ASX: SGQ | St George Mining Limited 15 May 2020 13
Slide 15: Forward looking statements and disclosures
Forward looking statements and disclosures For personal use only The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Dave O’Neill, a Competent Person who is a Member of The Australasian Inst