S2 Resources Ltd. · ASX:S2R
S2 Resources — Diggers & Dealers conference 2017
27 slides from S2 Resources's conference presentation, Aug 7, 2017
Slide 1: An Australian explorer with a global vision & strategy
S2 An Australian explorer with a global vision & strategy Diggers & Dealers conference, Kalgoorlie, 7th August 2017 RIU Resources Roundup, Sydney, 10th May 2017
Slide 2: Competent person and forward looking statement
Competent person and forward looking statement This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This pr
Slide 3: The S2 credo
The S2 credo S2 is a high impact greenfields explorer Like Sirius before it, we aim to discover “company making” resources that create significant returns on investment To do this we seek elephants - but not in Africa or India Easy to say, but this requires: • The support of an aligned shareholder b
Slide 4: Project locations and preferred regions
Project locations and preferred regions
Slide 5: Experienced Board: all bases covered
Experienced Board: all bases covered Jeff Dowling - Non-executive Chairman • 40 year career in financial sector as an accountant and former managing partner with Ernst & Young in Australia • Extensive experience in corporate finance and transactions, and company management • Former director of Atlas
Slide 6: Snapshot
Snapshot Strong team & cash to fund exploration, new opportunities & preserve capital structure • A$17.5 million cash as of end June 2017 • Plus investment in TSXV listed GT Gold (GTT) – significant new high grade gold discovery in British Columbia • Successful track record of discovering, financing
Slide 7: Nevada: a world class gold province
Nevada: a world class gold province • Deal with TSXV listed Renaissance Gold to earn in to 3 separate properties on identical terms • Renaissance Gold is a prospect generator managed by the personnel behind the discovery of the Long Canyon deposit, ultimately bought by Newmont for US$2.3 billion • P
Slide 8: Ecru, Nevada
Ecru, Nevada Ecru property Pipeline mine Goldrush deposit Cortez Hills mine
Slide 9: Ecru, Nevada
Ecru, Nevada Summary of Pipeline mineralization – analogue for Ecru target View SW to range front (Barrick’s Pipeline mine to LHS of field of view)
Slide 10: Pluto, Nevada
Pluto, Nevada Exposed upper plate rocks (seal or caprock) Recent blanketing volcanics Transported colluvium Outcropping jasperoid (13.1g/t gold): leakage from favourable horizon below?
Slide 11: Pluto, Nevada
in re Pluto, Nevada 485,000 mE 485,500 me 496,000 mE 485,500 mE 485 000 mE 485,500 mE 485,000 mE 486 500 mE T T T ar a LF \ » MBI. SESS | Nu OOO ZF 4,421,000 mv 4,424,000 mW x Bouguer Gravity) Mineralised outcrop 13.1g/t Au in rock chips <q 13.1g/t Au in rock chips y SS wick Nu OOsOzFr 4,420,500 mN
Slide 12: South Roberts, Nevada
South Roberts, Nevada Range: outcropping rock Gold mine Gold mine Horst plunging beneath pediment (transported colluvium)
Slide 13: South Roberts, Nevada
South Roberts, Nevada View from pediment north towards exposed horst (in mist) with recent volcanics on right Exposed horst, with known gold mineralization, in exposed lower plate rocks to the north Gravity ridge shows this plunges south beneath transported colluvium (pediment) Limited wide spaced d
Slide 14: Central Lapland Greenstone Belt, Finland: Europe's sleeper?
Central Lapland Greenstone Belt, Finland: Europe’s sleeper? S2 has spent 2 years consolidating ground and is a large tenure holder in this emerging gold province The region hosts Agnico Eagle’s 7.7Moz Kittila gold mine, Anglo American’s world class Sakatti Cu-Ni- PGE deposit, and Boliden’s Kevitsa N
Slide 15: Central Lapland Greenstone Belt, Finland: Europe's sleeper?
Central Lapland Greenstone Belt, Finland: Europe’s sleeper? All well explored belts show a similar number and size distribution of gold deposits Abitibi: 39 deposits, 83.6moz Central Lapland: 13 deposits, 9.1moz ??? Norseman-Wiluna: 44 deposits, 74.7moz So where is the missing gold of the Lapland gr
Slide 16: Central Lapland Greenstone Belt, Finland: Europe's sleeper?
Central Lapland Greenstone Belt, Finland: Europe’s sleeper? Zoom shows S2 ELA’s covering the extension of structures associated with Aurion Resources’ Risti/Aamurusko gold discovery within an interpreted pull apart basin at the eastern end of the Sirkka shear zone (from Aurion’s public material) Maj
Slide 17: Central Lapland Greenstone Belt, Finland: Europe's sleeper?
Central Lapland Greenstone Belt, Finland: Europe’s sleeper? Zoom shows S2’s ELA covering another “pull-apart” basin at the western end of the Sirkka shear zone This area contains some of the most strongly anomalous gold in the GTK’s (Finnish Geological Survey’s) entire Finland till sampling database
Slide 18: Skellefte, Sweden: a world class VMS camp
Skellefte, Sweden: a world class VMS camp • World class gold-base metal VMS camp with major mines (Boliden, Renstrom, Kristineberg), hungry concentrator, smelter, port, infrastructure • Similar to the Abitibi belt, with little outcrop, and limited effective, systematic modern exploration under cover
Slide 19: Skellefte, Sweden: VMS target model
Skellefte, Sweden: VMS target model Idealised felsic VMS deposit, after zone refining (separation and enhancement of layers) by “stewing in its own juices” But before burial, metamorphism and deformation Present day mineralogy and geometry strongly modified from this by metamorphism and deformation
Slide 20: Skellefte, Sweden: numerous VTEM anomalies tested so far
Skellefte, Sweden: numerous VTEM anomalies 9 tested so far: intersected massive pyrite, pyrrhotite, variable grade zinc and copper – very fertile
Slide 21: Skellefte, Sweden: central area overview
Skellefte, Sweden: central area overview Multiple mineralized trends, each with multiple occurrences of anomalies, prospects, deposits and mines
Slide 22: Skellefte, Sweden: Bjurtraskgruvan detail
Skellefte, Sweden: Bjurtraskgruvan detail Most recent hole is thickest copper intercept yet, and is 135m down plunge from last hole & 430m down plunge from outcrop Fixed loop EM survey defines large conductor extending a further 470m down plunge from this hole, for a total plunge extent of 900m – so
Slide 23: Polar Bear: a strategic position in WA's Eastern Goldfields
Polar Bear: a strategic position in WA’s Eastern Goldfields A large unexplored ground holding in the heart of the Western Australian goldfields, on trend from major gold mines * Refer to resources slides and relevant ASX announcements for details
Slide 24: Polar Bear: Baloo-Nanook trend only just scratched
Polar Bear: Baloo-Nanook trend only just scratched 10 kilometre long prospective corridor with three gold hotspots in wide spaced shallow aircore drilling 348,000oz gold resources delineated to date at Baloo and Nanook Long projection of the Baloo–Nanook shear zone showing extent and depth of drilli
Slide 25: Polar Bear: 264,000 ounces gold so far at Baloo
Polar Bear: 264,000 ounces gold so far at Baloo Upper 100 vertical metres: Area of Indicated Resource High ounces per vertical metre relevant to potential open pit (500-1,500) from just 2 metres below surface Mainly oxide material Mainly Indicated category Thick, open pit friendly shape Good metallu
Slide 26: The cash, assets & shareholder support to execute
The cash, assets & shareholder support to execute Shares on issue 246m Shareholders (top 20 = 60.6%) Options on issue (average exercise price A$0.39) 40.6m Creasy, 29.7% Cash (end June 2017) A$17.5m Other, 53.1% Investments (end June 2017) A$1.2m Institutions, 11.1% Debt Nil Insiders, 6.0% Market ca
Slide 27: Well funded with A$17.5 million cash
• Well funded with A$17.5 million cash • Investment in GT Gold Corp (new high grade gold discovery at the Saddle, BC) • Three new Carlin-style gold projects in Nevada, USA • Strategic land position in latest global gold hotspot (Lapland, Finland) • Discovering VMS mineralization in world class VMS b