Saturn Metals Ltd. · ASX:STN
Saturn Metals — 2022 Precious Metals Summit
16 slides from Saturn Metals's conference presentation, Sep 13, 2022
Slide 1: From Good to Great
From Good to Great For personal use only Next Generation Gold Company in a Multi-Million Ounce Province 2022 Precious Metals Summit Beaver Creek – USA Ian Bamborough Managing Director 13 – 16 September 2022 ASX:STN www.saturnmetals.com.au www.saturnmetals.com.au
Slide 2: Apollo Hill 'Greater' Gold Project – Overview, Location and Tenure
Apollo Hill ‘Greater’ Gold Project Overview, Location and Tenure • Central Strategic Position in the Belt For personal use only • 60km south-east of Leonora in Western Australia in world class multi-million ounce gold province close to existing gold infrastructure • Centred around the current 1.47Mo
Slide 3: Corporate Snapshot
Corporate Snapshot Funded – Strong Register – Good Value Corporate Metrics 13 SEP 22 Share Price Since Listing in March 2018 For personal use only Funds (Cash balance 30 June 2022) $7.1M $0.29 Shares on Issue 129.9M 13 SEP 22 IPO at $0.20 9 MAR 18 Unquoted Options & Performance Rights 7M Market Capi
Slide 4: Apollo Hill – Resource Upgrade (1.47Moz Au) May 2022
Apollo Hill – Resource Upgrade (1.47Moz Au) May 2022 Simple, Single, Big, Low Strip, Large Selective Mining Unit, Low Unit Cost, Open Pit Shell *Animated/Video Slide During Presentation For personal use only Measured Indicated Inferred MII Total Lower Cut-off Oxidation state Grade Au g/t Tonnes Au A
Slide 5: Simple Metallurgy – Apollo's Biggest Cost Differentiator
Simple Metallurgy – Apollo’s Biggest Cost Differentiator Excellent Gold Extraction Characteristics for Easily Recoverable Gold *Animated/Video Slide During Presentation HEAP LEACHING For personal use only Efficient, Low Cost Recovery Route Excellent recovery – +74% - 85% in columns Flat grade re
Slide 6: Apollo Hill 2022 Mineral Resource Scalability
Apollo Hill 2022 Mineral Resource Scalability SW NE Low 2’s strip ratio, more 0.35km For personal use only ounces in shell TOPO BOCO Thick ore zones +100m TOFR Bulk Tonnage Bigger selective mining units, economies of scale and lower operating cost Drill Holes April 2022 Mineral Resource (wit
Slide 7: Preliminary Economic Assessment Studies Underway
Preliminary Economic Assessment Studies Underway With Continuing Success and ‘Stage Gate’ Planning Lead into a PFS Initially targeting 10Mtpa for 8 Years For personal use only from Current Resource • +100koz Per Annum Recovered in Low Cost Production Scenario • Preliminary Site Layout being Consider
Slide 8: Pilot Plant Planning and Permitting Studies Commenced for PFS
Pilot Plant Planning and Permitting Studies Commenced for PFS - Targeting 2023 Design Concept 1Mt @ 0.6g/t Au For 19.5koz mined and 14koz recovered, Strip Ratio <0.85:1 6774000N 6772000N 372000E For personal use only 3D Oblique view Looking North-West 250m May 2022 Mineral Resource (within 1.2 reven
Slide 9: Apollo Hill Resource Growth
Apollo Hill Resource Growth Next –– 685koz 2019 2021 2018 2017 2022 Targeting 781koz 944koz 505koz 1.47Moz a Tier --Ounces Step One per ChangeAsset Hanging-wall Step Out Discovery Drilling cubic Leads Metre in Pit the Way Ounces Increase Constrained Hanging-wall For personal use only Discovery Pit C
Slide 10: Resource Extension – Apollo Hill Corridor
Resource Extension – Apollo Hill Corridor Strong Intersections Provide Expansion Opportunities on Multiple Shallow Fronts Thick, shallow, and For personal use only high-grade intersections from reverse circulation drilling includea: • 7m @ 11.18g/t Au from 172m – AHRC0813 • 27m @ 0.51g/t Au from 50m
Slide 11: Resource Comparison – Peer Group
Resource Comparison Peer Group – Aspirational Goals Tujuh Bukit, IDN Merdeka (*Reserve) Apollo Hill Moves into Bulk For personal use only Apollo Hill, AUS Saturn Metals Tonnage Economic Space: Grade Round Mountain, USA Kinross Bald Hill, USA Scale Kinross Strip Ratio Florida Canyon, USA Marrig
Slide 12: Regional Potential – Important Corridor Yielding Results
Regional Potential – Important Corridor Yielding Results Satellite Prospects Developing • ~1,000km2 of Greenfields land package starting For personal use only to yield results (60km long position in the greenstone belt) • 60% of Ground Package under cover and Untested • New Systems and Satellite Pro
Slide 13: Hercules – Strong Results at New Satellite Gold System
Hercules Strong Results at New Satellite Gold system For personal use only • + 2km Strike length • Only 15km from Apollo Hill • Shallow Stacked Intersections • Results include: o 21m @ 1.44g/t Au from 23m – AHAC0925 (*from 1m resamples) o 12m @ 1.05g/t Au from 32m – AHAC1322 o 20m @ 0.92g/t Au from
Slide 14: Plan and Budget – 2022-2023
Plan and Budget – 2022-2023 Targeting Release of Preliminary Economic Assessment (PEA) Planned: • Targeting PEA and Lead into a Pre-Feasibility Study (PFS) For personal use only • Target Additional Resource Upgrades • Ongoing Drilling Campaign ~25,000m Planned • New Discovery Stream – Regional and A
Slide 15: 1.47 Moz Quality Ounces - From Good to Great
SATURN METALS 2022 1.47 Moz Quality Ounces - From Good to Great Foundation Ounces Outlined For personal use only Simple Mining and Processing Plan Study Work Progressing to PFS Aggressive Program – Resource and Regional Exploration Satellite Prospects Developing at Hercules, Bob’s, Calypso
Slide 16: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements GENERAL The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons