St. George Mining Ltd. · ASX:SGQ
St. George Mining — Australian Nickel Conference 2017
17 slides from St. George Mining's conference presentation, Oct 17, 2017
Slide 1: Nickel Sulphide Exploration Continues to Create Value
‘Nickel Sulphide Exploration Continues to Create Value’ 17 October 2017 Australian Nickel Conference
Slide 2: Nickel Market: Upswing in Cycle is Underway
Nickel Market Upswing in Cycle is Underway • Nickel is flying under the radar compared to lithium • Nickel is an essential commodity with increasing demand for: stainless steel and electric vehicle and new-age batteries • Forecast for a potential 200% increase in the nickel price by 2020 Now is
Slide 3: EV Demand for Nickel
EV Demand for Nickel Market Dynamics About to Change Demand Growth: • Growth in EV battery manufacture forecast to increase nickel demand by 300,000 to 900,000 tonnes of nickel per year by 2025 • Incremental demand for nickel from the EV market will continue to rise rapidly after 2025 Supply Constra
Slide 4: St George Mining: Growth Stock for Nickel
St George Mining Growth Stock for Nickel High Grade Discovery: • High grade nickel-copper-cobalt-PGE discovery at Mt Alexander with drilling ongoing at the Cathedrals Belt Exploration Upside: • Regional exploration at Mt Alexander offers opportunity for more discoveries • Strong EM conductors at Eas
Slide 5: Overview of St George Mining
Overview of St George Mining High Quality Explorer ASX listed: SGQ • Based in Perth, Western Australia Multiple Projects • Nickel sulphide and gold in mineral-rich Yilgarn Craton, Western Australia • Projects with potential for discovery of world class deposits Creating Shareholder Wealth • Targetin
Slide 6: Corporate Snapshot
Corporate Snapshot Strong shareholder base and highly qualified team Capital Structure Directors, Technical Team Listed shares (SGQ): 250,360,825 John PRINEAS, Executive Chairman – founding Listed Options (SGQOB): 24,665,885 shareholder with over 25 years experience in banking - bonus option issue;
Slide 7: Mt Alexander
Mt Alexander Favourable Location Established Mining Region • South-west of world class nickel and gold mines of the Agnew-Wiluna belt • Access to existing roads, infrastructure and processing plants (Right: regional location map set over TMI magnetics) Underexplored Project • Discovery of massive Ni
Slide 8: Drilling Success
Drilling Success Mineralisation is Extended Recurrent mineralisation now over 3.5km strike on east-northeast Cathedrals Belt Drilling intersects nickel-copper sulphides in every EM conductor drilled Mineralisation from 30m below surface Further EM targets for test drilling Above: map of four
Slide 9: Grade is King
Grade is King 2017 Drilling Delivers Best Intersections to Date MAD56 (Cathedrals Prospect): 7.5m @ 3.90%Ni, 1.74%Cu, 0.12%Co and 3.32g/t total PGEs from 57.8m including 3.15m @ 6.36%Ni, 2.92%Cu, 0.20%Co and 5.03g/t total PGEs from 61.81m MAD55 (Cathedrals Prospect): 4.28m @ 2.75%Ni, 1.21%Cu, 0.09%C
Slide 10: Cathedrals Prospect
Cathedrals Prospect High Grade Mineral System • Numerous intersections of high grade mineralisation on two surfaces – the Cathedrals ultramafic and the footwall fault below – with infill and extensional drilling ongoing • Cathedrals ultramafic extends for strike length of 400m with potential for ext
Slide 11: Metallurgical Testwork
Metallurgical Testwork Positive Results from Initial Test High Recoveries from Ore >99% recoveries of Ni and Cu to concentrates from preliminary testwork on massive sulphides No deleterious elements like MgO or arsenic (on right: copper being floated in the metallurgical test completed by Strategic
Slide 12: Favourable Project Economics
Favourable Project Economics Opportunity for a High Margin Mining Operation Low Cost Mining Low Development Capex High Value Concentrate Shallow mineralisation Access to nearby plants High grade Ni and Cu plus cobalt and PGEs Well defined zones Existing infrastructure Excellent metallurg
Slide 13: East Laverton Project
East Laverton Project Nickel and Gold Prospects Nickel Discovery BHP (under a concluded farm-in arrangement) discovered nickel sulphides, confirming thick and fertile ultramafics: 18m @ 0.40% Ni from 100m incl. 4m @ 0.57%Ni from 100m in discovery hole DRAC35 30m @ 0.31% Ni from 108m incl. 8m @ 0
Slide 14: Windsor Prospect
Windsor Prospect Strong EM Conductors SAMSON survey underway at Windsor with Thick Ultramafic Channel further EM targets anticipated Very thick high-MgO ultramafic channel confirmed by drilling including a 215m thick intersection in WINRC016 Magmatic Sulphides Confirmed Magmatic nickel sulphides in
Slide 15: Drilling Recommences
Drilling Recommences +3,000m Diamond Drilling Mt Alexander • New EM targets to be tested including conductors from SAMSON EM survey • Continue extensional drilling • First ever drilling to the south of the Cathedrals Belt • First ever drilling in the western extension of the Cathedrals Belt, near th
Slide 16: Disclaimer: Competent Person Statement
DISCLAIMER: Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates a
Slide 17: St George Mining: creating shareholder wealth through exploration success
St George Mining: creating shareholder wealth through exploration success On left: drill core from MAD56 at Mt Alexander which returned assays of: 7.5m @ 3.90%Ni, 1.74%Cu, 0.12%Co and 3.32g/t total PGEs from 57.8m including 3.15m @ 6.36%Ni, 2.92%Cu, 0.20%Co and 5.03g/t total PGEs from 61.81m 17