Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Shareholder Meeting (November 2020)
29 slides from Santana Minerals's shareholder meeting presentation, Nov 30, 2020
Slide 1: Annual General Meeting Presentation
ANNUAL GENERAL MEETING PRESENTATION For personal use only November 30, 2020: Santana Minerals Limited (‘Santana’ or ‘Company’) advises that the following presentation will be delivered at the Company’s Annual General Meeting being held today at 9:00am (Brisbane Time). This announcement has been auth
Slide 2: Bendigo-Ophir Gold Project
For personal use only Bendigo-Ophir Gold Project A new opportunity in New Zealand’s Otago Goldfields November 2020
Slide 3: Disclaimer
Disclaimer For personal use only All information contained in this presentation is of a general nature. Potential investors are cautioned against using the content of this presentation, in isolation, for making investment decisions. Best efforts have been made to ensure the accuracy of information c
Slide 4: Snap Shot
Snap Shot ▪ SMI has acquired 100% of the share capital For personal use only of privately held New Zealand entity Matakanui Gold (MGL). ▪ MGL holds the Bendigo-Ophir Gold Project (Exploration Permit 60311) located in the Otago Goldfields. ▪ Located 90km north-west of the Macraes Gold Mine where prod
Slide 5: Board And Management
Board And Management ▪ Norman Seckold – Non-Executive Chairman For personal use only Currently Deputy Chairman Nickel Mines Limited, Chairman Sky Metals Limited and Alpha HPA Limited ▪ Richard Keevers – Non-Executive Director Currently Non-Executive Chairmen Renascor Resources Limited, ex BH South,
Slide 6: Capital Structure
Capital Structure • Shares on Issue For personal use only Prior to acquisition (post consolidation) 38.34M MGL Consideration 38.19M $7.64M Capital Raising 37.5M $7.50M Total 114.03M • Options on Issue Prior to acquisition (post consolidation) 2.08M (Feb 21 to Dec 23; $0.42 to $0.70) Capital Raising
Slide 7: Bendigo-Ophir Gold Project
Bendigo-Ophir Gold Project ▪ Exploration Permit 60311 (251Km2) located For personal use only in the Otago Goldfields. ▪ Located 90km north-west of the Macraes Gold Mine where production and resources >8Moz. ▪ Previously produced 300,000 Oz Au at a grade of between 30-180g/t. ▪ Prior to 1994, was the
Slide 8: Bendigo-Ophir – Inferred Mineral Resources (JORC 2012)
Bendigo-Ophir – Inferred Mineral Resources (JORC 2012) For personal use only Au g/t Au g/t Contained Oz Au Deposit Class Ox Zone Tonnes Uncut Cut Uncut Cut Shreks Inferred Oxide 810,000 0.6 0.6 16,000 15,000 Transitional 130,000 0.6 0.6 2,000 2,000 Fresh 6,830,000 0.8 0.6 173,000 132,000 Total 7,770
Slide 9: Mineral Resource - Extensions
Mineral Resource - Extensions For personal use only ▪ Resources open down plunge and down dip at all three reported resource areas ▪ Encouraging drilling results completed by MGL at Shreks East open in all directions – high priority target ▪ Interpreted steeply dipping high grade zones to be tested
Slide 10: Exploration Completed by MGL
Exploration Completed by MGL Santana can also leverage recent exploration activities of MGL which have included: For personal use only ▪ Secured necessary mining and exploration access arrangements; ▪ Compiled historical mining and 30 years of exploration data; ▪ Conducted extensive arsenic soil geo
Slide 11: Bendigo-Ophir – Exploration Potential
Bendigo-Ophir – Exploration Potential Bendigo-Ophir is significantly underexplored by modern exploration techniques… For personal use only ▪ Significant opportunities exist to materially extend the current open pittable resources via: o Drilling untested targets along the known 7km strike length of
Slide 12: Significant Exploration Potential
Significant Exploration Potential Numerous untested targets exist along an interpreted 30km of strike For personal use only 11
Slide 13: Geologically and Structurally Similar to Macraes
Geologically and Structurally Similar to Macraes Significantly underexplored compared to the >8M Oz Macraes Gold Mine For personal use only Bendigo-Ophir Macraes ▪ 140 Drill Holes at the Bendigo-Ophir Project vs. 5,000 at Macraes (to 2009). 12
Slide 14: Geologically and Structurally Similar to Macraes
Geologically and Structurally Similar to Macraes For personal use only ▪ Project shares similar geological and structural features as the Macraes Mine, 90km south-east. ▪ Macraes Mine total ounces >8M oz Au, from previous production and current resources. ▪ Mineralisation at the project (top right)
Slide 15: Strong Arsenic-Gold Affinity Defines Targets - North
Strong Arsenic-Gold Affinity Defines Targets - North For personal use only 14
Slide 16: Strong Arsenic-Gold Affinity Defines Targets - South
Strong Arsenic-Gold Affinity Defines Targets - South For personal use only No drilling completed on any of these prospects 15
Slide 17: Bendigo Reefs – Potential High-Grade Target
Bendigo Reefs – Potential High-Grade Target For personal use only ▪ Previous production of 177,000 Oz Au. ▪ Mineralisation mined from steeply dipping shoots, 0.15m to 3m wide. ▪ Potential high-grade supplemental feed. 16
Slide 18: Initial Exploration Program
Initial Exploration Program For personal use only ▪ Diamond drilling to commence late-November ▪ RC drilling to commence early-December, focusing on extending Inferred Resources at Come In Time, Rise And Shine, and Shreks Prospects. ▪ First Phase work program expenditure A$1.4M: ➢ 4,400m Drilling pr
Slide 19: Drilling Underway
18 For personal use only Drilling Underway
Slide 20: Thank you
Thank you For personal use only For further information, please contact: Shane Pike – Chief Executive Officer Shane.pike@santanaminerals.com +61 417 671 301 Cameron Peacock – Investor Relations & Business Development cpeacock@santanaminerals.com +61 439 908 732 19
Slide 21: Appendix - Previous Disclosure - 2012 JORC Code
Appendix 1 - Previous Disclosure - 2012 JORC Code Information relating to Mineral Resources, Exploration Targets and Exploration Data associated with the Company’s projects in For personal use only this announcement is extracted from the following ASX Announcements: o ASX announcement titled “Additi
Slide 22: Appendix - Cuitaboca, Mexico
Appendix 2 - Cuitaboca, Mexico ▪ Primary Targets For personal use only o Mojardina Prospect o La Plata o La Lupita/La Piedrita ▪ Geological Occurrence o Series of mineralised (silver dominant) parallel vein systems running NW-SE in direction. o Low-intermediate sulphidation style epithermal deposit.
Slide 23: Appendix – Cuitaboca, Mexico
Appendix 2 – Cuitaboca, Mexico ▪ Mojardina RC Drilling For personal use only o 6m @ 100g/t Ag from 118m (MJRC044) and 12m @ 148 g/t Ag from 204m o 32m@104g/t Ag from 98m (MJRC046) including: o 19m @153g/t Ag and 5m @93 g/t Ag from 179m o 12m @ 118g/t Ag from 99m (MJRC047) including: o 6m @183g/t Ag
Slide 24: Appendix - Sayabouly Project, Laos
Appendix 3 - Sayabouly Project, Laos ▪ Phu Lon – Nickel, Platinum, Cobalt and Chromium For personal use only mineralisation within ultramafic intrusion o Significant high-grade trenching results included: ▪ 975m @ 0.51% Ni (Including 42m @ 1.02% Ni) ▪ 90m @ 0.67% Ni (including 36m 1.01% Ni) ▪ 80m @
Slide 25: Appendix – Sayabouly, Laos
Appendix 3 – Sayabouly, Laos For personal use only ▪ Ore grade trench and RAB drilling results. ▪ Drilling only shallow to date. ▪ Gold mineralisation is intrusive. ▪ Open at depth and along strike with shallow cover. ▪ Intended to be diamond drilled in April before COVID-19 containment measures cur
Slide 26: Appendix - Becker Project - Chile
Appendix 4 - Becker Project - Chile For personal use only ▪ Becker tenements 1-8 granted. Tenements cover 20km2 (2,000 ha) and are inclusive of main Lajuelas and Guindos prospects. ▪ Regional tenements 9-28 (under application) cover 60km2 (6,000 ha). ▪ Located 210 km south of Santiago and 40km north
Slide 27: Appendix - Becker Project, Chile
Appendix 4 - Becker Project, Chile For personal use only ▪ A promising gold prospect with strong follow-up potential: o BDH18-08 o 4m @ 1.3g/t Au (from 2m) plus o 12m @ 8.1g/t Au + 15.3g/t Ag (from 9m) plus o 16m @ 3.5g/t Au (from 25m) o BDH18-09 o 7m @ 2.8g/t Au (from surface) plus o 1m @ 2.63g/t A
Slide 28: Appendix - Cambodia
Appendix 5 - Cambodia For personal use only ▪ Farm-out to Emerald Resources (ASX:EMR). ▪ Two exploration licences covering approximately 409 km² with Emerald earning 60% over 2 years. ▪ Previous drilling has returned highly encouraging gold results. ▪ Licences are located nearby to Emerald’s 100,000
Slide 29: Appendix - Cambodia
Appendix 5 - Cambodia For personal use only ▪ Historic rock chip samples include: o 11.5g/t Au o 9.64g/t Au o 38.3g/t Au o 12.9g/t Au Source: Emerald Resources NL, ASX Announcement, 26th November 2018 28
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