Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Noosa Mining Conference 2016
17 slides from Santana Minerals's conference presentation, Jul 22, 2016
Slide 1: Silver + Gold in Mexico
For personal use only S I LV E R + G O L D I N M E X I C O July 2016 1
Slide 2: 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 3: Objectives & Management
OBJECTIVES & MANAGEMENT For personal use only Strategy Exploration for silver / gold Focus Mexico Existing project Cuitaboca Silver A board with exploration, development and mining experience in Mexico: Norm Seckold Chairman Tony McDonald Managing Director Dick Keevers Director (Non-Exec
Slide 4: Mexico Silver + Gold: Silver opportunity
M E X I C O S I LV E R + G O L D Silver opportunity For personal use only Exploration for silver / gold Mexico: - World’s No 1 silver producer Silver production Mexico - World’s No 8 gold producer - World top ten producer of Copper, Lead, Zinc Strong mining culture Stable mining regulations
Slide 5: Sierra Madre Occidental Mining Activity
Sierra Madre Occidental Mining Activity For personal use only Sierra Madre provides opportunity 5
Slide 6: Location
Cuitaboca Project - Location For personal use only Location: Sinaloa State, Mexico 100km N-E of Los Mochis, Sinaloa – infrastructure good 5,500ha project area (Central, Southern & Northern Sectors) Earning to initial 80% through exploration spend - project management and control Look to be m
Slide 7: Regional Setting
Cuitaboca Project - Regional Setting For personal use only Features Lupita Structure 15km along structural trend from San Jose de Gracia Mine – 1.14M oz Au 7.2g/tAu 2004-2008 exploration 100m adit & 110m drift discovers mineralisation 2014-2015 SMI drilling confirms mineralisation at depth 2
Slide 8: Central Sector: Colateral Vein – Adit and drift 2004-2008
Cuitaboca Project –Central Sector C o l a t e r a l Ve i n – A d i t a n d d r i f t – 2 0 0 4 - 2 0 0 8 For personal use only 8
Slide 9: Central Sector: Colateral Vein
Cuitaboca Project –Central Sector C o l a t e r a l Ve i n – 2 0 0 4 - 2 0 0 8 100m adit + 110m drift - samples include: For personal use only # 1.38g/t Au + 1,359g/t Ag + 6.76%Pb + 3.68%Zn over 1.1m # 1.41g/t Au + 1,240g/t Ag + 3.55%Pb + 4.03%Zn over 1.5m 9
Slide 10: Colateral Vein – Core Drilling 2014-15
Cuitaboca Project – Central Sector C o l a t e r a l Ve i n – C o r e D r i l l i n g - 2 0 1 4 - 1 5 For personal use only Core Drill hole assays Colateral vein 0.9m @ 1.88g/t Au + 78g/t Ag + 1.26% Pb 4.4% Zn from 187.3m (DD14CT001) 1.1m @ 0.56g/t Au + 168g/t Ag + 6.11% Pb 5.8% Zn from 207.3m (
Slide 11: Mojardina Loop – Southern Sector
Cuitaboca Project – Mojardina Loop – Southern Sector 2015-2016 work undertaken: pre-drilling For personal use only Broad zones of silver rich mineralisation identified at vein junctions Multiple primary silver veins and associated stockwork Diamond saw surface trench highlights: 61m @ 61 g/t A
Slide 12: Mojardina Loop – RC Drilling
Cuitaboca Project – Mojardina Loop – RC Drilling May - June 2016 RC Drilling For personal use only Broad zones of silver rich mineralisation confirmed 1,850m RC drill program 14 holes Objective a bulk tonnage silver opportunity near surface RC Drilling highlights: 83m @ 97 g/t Ag from 0m (RC
Slide 13: Mojardina Loop 2016 RC Drill Sections
Cuitaboca Project – Mojardina Loop 2016 RC Drill Sections For personal use only 13
Slide 14: Jesus Maria / Manguito – Central Sector
Cuitaboca Project – Jesus Maria / Manguito – Central Sector 2015-2016 work: saw trench + rock chip + For personal use only 1 RC drill hole Geometry of breccia veins & control structures seem to be a ‘repeat’ of the Mojardina Loop Mineralisation at vein junctions: primary veins and stockwork Ve
Slide 15: Northern Sector - 2015
Cuitaboca Project –Northern Sector - 2015 For personal use only Highlights Located at higher elevations in the geological sequence Less accessible at present (pending track cutting) Gold appears in the system: 3.39 g/t + 2.93 g/t (surface samples) Lupita Structure 15km along structural trend
Slide 16: SMI Capital Structure (July 2016)
SMI Capital Structure For personal use only (July 2016) Issued Capital Issued Shares 226.4M Options (unlisted) @$0.03 13.75M (expire 30 09 17) @$0.275 3.9M (expire April 2018) – management @$0.08 1.5M (expire May 2019) - management Market Cap $12.5M Cash $ 1.0M Substantial Shareholders Permgold (N S
Slide 17: The Opportunity
Cuitaboca Project – the opportunity Leverage silver:gold For personal use only Mexico – the world’s number 1 for silver & number 8 for gold Management & technical team with proven track record in Mexico precious metals Low market cap Potential for a low cost near surface bulk tonnage silve