Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Investor Presentation (September 2022)
20 slides from Santana Minerals's investor presentation, Sep 20, 2022
Slide 1: Bendigo-Ophir Gold Project – New Zealand
For personal use only BENDIGO-OPHIR GOLDGOLD BENDIGO-OPHIR PROJECT – NEW ZEALAND PROJECT RAS DRILL CORE MDD002 SRE DRILL CORE MDD003 RAS “Jewellery Box” Drillhole MDD054 coarse visible gold (VG) @ 180 m October 2021 AA Mexican Mexican focused focused silver silverand silver andgold and goldexplorer
Slide 2: Forward Looking Statements and Previous Disclosure – 2012 JORC Code
FORWARD LOOKING STATEMENTS AND PREVIOUS DISCLOSURE-2012 JORC CODE Disclaimer Previous Disclosure - 2012 JORC Code For personal use only All information contained in this presentation is of a general nature. Potential investors are The information in this report that relates to Mineral Resources or O
Slide 3: Corporate Snapshot & Capital Snapshot
CORPORATE SNAPSHOT & CAPITAL SNAPSHOT A STRONG TEAM WITH EXPLORATION, DEVELOPMENT, MINING AND “IN COUNTRY” EXPERIENCE For personal use only ASX:SMI OVERVIEW SHARE PRICE (16 September 2022) $0.765 ◆ SANTANA MINERALS IS A PRECIOUS METAL EXPLORER, FOCUSING ON THE BENDIGO-OPHIR PROJECT IN NEW ZEALAND SH
Slide 4: Bendigo-Ophir Gold Project Overview
BENDIGO-OPHIR GOLD PROJECT OVERVIEW OBJECTIVE & OPPORTUNITY For personal use only ▪ A MULTI-MILLION OUNCE GOLD RESOURCE~90KM NW OF WORLD-CLASS MACRAES PROJECT IN OTAGO NEW ZEALAND ▪ RISE AND SHINE (RAS) DEPOSIT DELIVERING SUBSTANTIAL HIGH-GRADE RESOURCE. ▪ OVERVIEW ▪ PROJECT AREA PERMITS EP60311 AND
Slide 5: Key Outcomes of 2022 Exploration to Date
KEY OUTCOMES OF 2022 EXPLORATION TO DATE ACHIEVEMENTS For personal use only ▪ DRILLING AT RAS HAS SUBSTANTIALLY INCREASED GLOBAL INFERRED RESOURCES MORE THAN 3-FOLD FROM SEPTEMBER 2021 TO JULY 2022 ▪ DRILLING HAS BEGUN TO OUTLINE A “SWEET SPOT” AROUND “JEWELLERY BOX” DRILLHOLE MDD054 ON RAS RIDGE WI
Slide 6: Gold Resources – Rapidly Expanding North and South East
GOLD RESOURCES - RAPIDLY EXPANDING NORTH and SOUTH EAST FOUR RISE AND SHINE For personal use only SHEAR ZONE (RSSZ) DEPOSITS: ▪ COME IN TIME (CIT), ▪ RISE AND SHINE (RAS), ▪ SHREKS (SHR) ▪ SHREKS-EAST (SRE) EXTEND 4 KILOMETRES NW- SE ALONG STRIKE 6
Slide 7: July 2022 Mineral Resource Estimates (MRE)
JULY 2022 MINERAL RESOURCE ESTIMATES (MRE) For personal use only ▪ DRILLING AT RAS HAS SUBSTANTIALLY INCREASED GLOBAL INFERRED RESOURCES MORE THAN 3-FOLD OVER THE SEPTEMBER 2021 MRE (AT EQUIVALENT CUT-OFF AND TOP- CUT GRADES). ▪ THE 1.8-MILLION-OUNCE INCREASE IN INFERRED RESOURCES SINCE LATE 2020 HA
Slide 8: RAS Viewed Up Plunge to the South
RAS VIEWED UP PLUNGE TO THE SOUTH For personal use only 8
Slide 9: MRE Increase Dominated by Growth at RAS
MRE INCREASE DOMINATED BY GROWTH AT RAS ▪ 1,680MOZ INFERRED RAS 2022 MRE (TOP-CUT RAS MRE For personal use only AND 0.5G/T AU LOWER CUT-OFF) IS A 6-FOLD Evolution INCREASE IN CONTAINED GOLD OVER THE RAS 2019- 2021 MRE 2022 (to p-cut, 0.50g/t Au ▪ HIGH-GRADE GOLD COMPONENT HAS EMERGED lower cut- WITH
Slide 10: RAS Mineralisation Extends NNE Over 1500m
RAS MINERALISATION EXTENDS NNE OVER 1500M METRES For personal use only ▪ THE RAS DEPOSIT, IS DEFINED OVER 1,500 METRES DOWN PLUNGE FROM OUTCROP WITH A WIDTH OF 300 - 400 METRES ▪ RAS DRILLING IS ONGOING TO EXPAND RESOURCE DOWN- PLUNGE AND ACROSS SHOOT 10
Slide 11: RAS Deposit – Down-Plunge Section
RAS DEPOSIT – DOWN-PLUNGE SECTION For personal use only ▪ RSSZ MINERALISATION UP TO 100 METRES THICK AND DIPPING MODERATELY NORTH-EAST ▪ STRONG CONTINUITY OF SHEAR-CONTROLLED MINERALISATION IN RSSZ UPPER ZONE ▪ EXTENSIVE QUARTZ VEIN STOCKWORK DEVELOPMENT BELOW 11
Slide 12: RAS 2022 MRE Domains & Extension Potential
RAS 2022 MRE DOMAINS & EXTENSION POTENTIAL For personal use only 12
Slide 13: New Post-July 2022 MRE Gold Potential – Expanding Rapidly
NEW POST-JULY 2022 MRE GOLD POTENTIAL – EXPANDING RAPIDLY For personal use only RAS NORTH-TRENDING HIGHER-GRADE GOLD ZONES (>40 MU) APPEAR OF SIMILAR DIMENSIONS TO PUBLISHED DATA FOR MACRAES FRASERS SHOOT SEPARATED BY LOW-GRADE AREAS RAS MINERALISATION REMAINS OPEN TO NORTH AND SOUTH-EAST 13
Slide 14: MDD054 The “Jewellery Box”
MDD054 THE “JEWELLERY BOX” MDD054 179.2- 184.1m QUARTZ – For personal use only SULPHIDE LAMINATED STOCKWORK VEIN SWARMS AND FLOOD SILICA ZONES WITHIN THE RSSZ CARRY HIGHER GRADES MDD054 180m (1400 g/t Au) COARSE VISIBLE GOLD 14
Slide 15: RAS Ridge “Sweet Spot” Around Jewellery Box Drillhole
RAS RIDGE “SWEET SPOT” AROUND ‘JEWELLERY BOX” DRILLHOLE For personal use only RAS RIDGE FROM THE EAST 15
Slide 16: Metallurgical Testwork
METALLURGICAL TESTWORK ▪ COMPOSITE DRILL CORE GOLD HEAD GRADES For personal use only RANGED BETWEEN 2.8 G/T AND 7.4 G/T AU ▪ 94% TO 99% OVERALL GOLD RECOVERY FOR THREE CIT MDD001 RAS MDD002 SRE MDD003 OF THE SAMPLES (RAS-1, RAS-5, RAS-6) GRAVITY CONC- PETR0GRAPHY- GRAVITY CONC- ALS PanTerra ALS ▪ 64
Slide 17: Regulatory Environment – A Clear Pathway to Mining
REGULATORY ENVIRONMENT - A CLEAR PATHWAY TO MINING LAND ACCESS MINERAL PERMIT / LAND ACCESS / RESOURCE CONSENTS For personal use only ▪ COMPREHENSIVE MINING ACCESS CONTRACTS WITH ALL CRITICAL FREEHOLD LANDOWNERS ▪ RESOURCES LOCATED ON PRIVATE LAND MINERALS PERMITS (CMA 1991) ▪ CLEAR PATH FROM EXPLOR
Slide 18: Abundant Additional Targets
ABUNDANT ADDITIONAL TARGETS STRONG RESOURCE BASE TO BUILD ON AND For personal use only HIGH REGIONAL EXPLORATION POTENTIAL ▪ THE NUMEROUS WELL-DEFINED TARGETS ALONG THE RSSZ CONTINUE TO BE DRILL TESTED *GNS Geology ▪ RSSZ EXTENSIONS IDENTIFIED IN PROSPECTS Wakatipu 1:250k ALONG 30 KM STRIKE ▪ POSSIB
Slide 19: The Next Steps
THE NEXT STEPS 2022 Q3 & Q4 For personal use only ▪ CONTINUE DOWN-PLUNGE EXTENSION DRILLING AT SHR AND SRE DEPOSITS ▪ CONTINUE DRILLING RESOURCE MARGINS AT RAS SOUTH- EAST AND NORTH ▪ UPGRADE 2022 RAS MINERAL RESOURCE ESTIMATE (MRE) AND COMMENCE INFILL DRILLING AT RAS ▪ COMMENCE TESTING OF HIGH PRIO
Slide 20: For personal use only
ASX:SMI For personal use only www.santanaminerals.com Dick Keevers Cameron Peacock Executive Director Investor Relations & Business Development admin@santanaminerals.com cpeacock@santanaminerals.com +61 7 3221 7501 +61 439 908 732 20
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