S2 Resources Ltd. · ASX:S2R
S2 Resources — Sydney Resources Roundup conference May 2018
17 slides from S2 Resources's conference presentation, May 2018
Slide 1: Activities update
Activities update Sydney Resources Roundup conference May 2018 First S2 drillhole at South Roberts, Nevada (McEwen Mining’s Gold Bar operations in background)
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: Corporate / commercial
Corporate / commercial Jeff Dowling • 40 year career in financial sector as an accountant and former managing partner with Ernst & Young, WA Non-executive Chairman • Extensive experience in corporate finance and transactions, and company management • Former director of Atlas Iron, NRW, current direc
Slide 4: In a nutshell…
In a nutshell… • Sold Polar Bear project for A$9 million to Westgold • Cash and investments now total A$22.9 million, comprising: • A$16.2 million cash • 4 million WGX shares @ A$1.50 - worth A$6 million • 1 million GTT shares @ C$0.72 - worth C$0.72 million (A$0.75 million) • Well funded for ongoin
Slide 5: Polar Bear
Polar Bear • Baloo deposit too small for S2 criteria, but next door to Westgold’s Higginsville operations • Completed sale of Polar Bear project to Westgold for A$9 million on 26th February 2018 • Consideration comprised A$3 million cash plus 4 million WGX shares at a nominal value of A$1.50 per sha
Slide 6: Battle Mountain-Eureka Trend, Nevada
Battle Mountain-Eureka Trend, Nevada
Slide 7: Why Nevada? Land of the giants
Why Nevada? Land of the giants Nevada is the 5th largest gold producer in the world, and hosts “monster” Carlin-style gold deposits High grade (suitable for underground mining) and low grade bulk tonnage (suitable for open pit mining and heap leaching): Deposit Total Mineral Resources* Total Ore Res
Slide 8: South Roberts: a simple test of a Goldrush analogue
South Roberts: a simple test of a Goldrush analogue Our JV partner Renaissance Gold identified the target and completed initial geophysical and geochemical work, indicating: • A southerly continuation of an uplifted mineralized block • Concealed by pediment (gravels) • Confined by bounding faults (p
Slide 9: South Roberts: a simple test of a Goldrush analogue
South Roberts: a simple test of a Goldrush analogue S2 has undertaken a Controlled Source AudioMagnetoTelluric (CSAMT) survey and an enzyme leach geochemical survey The enzyme leach survey is designed to detect low level geochemical anomalism through thick transported cover. This survey: • Identifed
Slide 10: South Roberts: a simple test of a Goldrush analogue
South Roberts: a simple test of a Goldrush analogue 3D model showing position of drill targets S2’s first hole underway
Slide 11: Central Lapland Greenstone Belt, Finland
Central Lapland Greenstone Belt, Finland
Slide 12: Why Lapland? High endowment + limited exploration = opportunity
Why Lapland? High endowment + limited exploration = opportunity Gold potential: all well explored (mature) gold belts show a Magmatic copper-nickel-PGM potential: Kevitsa mine (Boliden) similar number and size distribution of gold deposits and now the giant Sakatti discovery (Anglo American): Abitib
Slide 13: Why Lapland? Exceptional government data
Why Lapland? Exceptional government data The Finnish Geological Survey (GTK) has compiled excellent datasets for exploration: 50 kilometres Regional scale magnetics (left hand side) Regional scale gravity (centre) Till geochemistry (right hand side) 50 kilometres A good basis for area selection and
Slide 14: Home: the most prominent gold in till anomaly in Finland
Home: the most prominent gold in till anomaly in Finland 8 kilometres S2’s “Home” ELA is located over the western end of the Sirkka shear zone Main image shows the 99th percentile of gold anomalies in the GTK’s (Finnish Geological Survey’s) national till sampling database The Home anomaly is one of
Slide 15: Paana: new gold anomalies on untested shear zones
Paana: new gold anomalies on untested shear zones 8 kilometres 5 kilometres S2’s “Paana” ELA straddles 9km strike length of the north-south trending Hanhimaa and Muusa shear zones and associated structures, where there is a distinct kink – possibly representing a favourable dilational zone or sedime
Slide 16: Ruopas: searching for the next Sakatti-style deposit
Ruopas: searching for the next Sakatti-style deposit The Central Lapland Greenstone belt is highly prospective for magmatic copper-nickel-PGM mineralization, as evidenced by Boliden’s Kevitsa mine and Anglo American’s Sakatti deposit, located further to the east in the same belt S2’s “Ruopas” ELA co
Slide 17: Next…
Next… Continuing diamond drilling at South Roberts, Nevada Initial two holes underway until mid May, assays anticipated by end June Planned diamond drilling at Ecru, Nevada Starting third quarter Summer exploration campaign, Finland Reconnaissance geochemistry over gold target areas, starting May/Ju
S2 Resources — Sydney Resources Roundup conference May 2018 on 6ix