S2 Resources Ltd. · ASX:S2R
S2 Resources — RIU Explorers Fremantle Conference 2018
26 slides from S2 Resources's conference presentation, February 2018
Slide 1: Activities update
Activities update Fremantle Explorers conference February 2018 Winter drill campaign Sweden, -25oC Image courtesy of Markus Staubmann Photography
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: In a nutshell…
In a nutshell… Very successful team (discovering/financing/developing mines) Using best practice exploration knowledge and technology And the commercial and capital management skills to fund exploration whilst minimising dilution to shareholders In highly endowed and under-explored areas With a targ
Slide 4: A few important points…
A few important points… S2 aims to provide significant investment returns through the discovery and if appropriate, the development of high value mineral resources, through exploration and the identification of early stage assets with high growth potential S2 is exceptionally well funded to execute
Slide 5: Recent / imminent events
Recent / imminent events Sold Polar Bear for A$9* million, and retained nickel-copper-cobalt-PGE rights New gold-silver prospect identified in recon base of till drilling at Storgroven (Sweden) in January, and firmed up with infill BoT drilling in February First pass diamond drilling underway at Sto
Slide 6: Skellefte district, Sweden
Skellefte district, Sweden Base of till drilling at Storgroven
Slide 7: Skellefte, Sweden: a world class polymetallic VMS camp
Skellefte, Sweden: a world class polymetallic VMS camp A world class gold-base metal VMS camp with major mines, hungry concentrator, smelter, port, infrastructure & high exploration potential Known VMS deposits may be Zn-Cu dominant, Au-Ag dominant, or barren pyrite, and may exhibit high sulphidatio
Slide 8: Swedish target hit list – winter 2017/2018
Swedish target hit list – winter 2017/2018 Target Description Status Outcome Bjurtraskgruvan VMS lens identified in Drilled 170m down plunge Mineralization continues down VTEM, partly drilled, open from prior hole, intersected plunge but not thick enough to down plunge with EM 2.6m @ 7.14% Zn and 10
Slide 9: Storgroven: a new gold-silver prospect
Storgroven: a new gold-silver prospect Recon 400 x 50 metre base of till drilling identified a 1,000 metre long gold anomaly open to the NW, to the north of the Aliden VMS occurrence Infill base of till drilling on 25 metre centres confirmed, extended and strengthened this anomaly
Slide 10: Storgroven: a new gold-silver prospect
Storgroven: a new gold-silver prospect Infill base of till drilling delineates a coherent 300 x 200 metre Au-Ag-Zn-As-Hg-Sb anomaly open to NW and SE, towards the Aliden prospect 7 of these holes end in mineralization grading >1g/t gold and 20g/t silver, with peak end of hole sample grading 2.5g/t g
Slide 11: Storgroven: a new gold-silver prospect
Storgroven: a new gold-silver prospect Two diamond holes completed and a third in progress testing a small part of the BoT anomaly to determine the location, orientation and continuity of any underlying mineralization prior to systematic follow up drilling Assays expected in 3 weeks
Slide 12: Storgroven: a new gold-silver prospect
Storgroven: a new gold-silver prospect Two diamond holes completed and a third in progress testing a small part of the BoT anomaly to determine the location, orientation and continuity of any underlying mineralization prior to systematic follow up drilling Assays expected in 3 weeks
Slide 13: Onusberget: a new shear zone-hosted gold prospect
Onusberget: a new shear zone-hosted gold prospect 1km long gold anomaly defined in ionic leach geochemical survey and outcropping gold mineralization located a further 1km along strike Associated with significant shear zone which also contains recently announced drill intercepts to the SE at Norrlid
Slide 14: Nevada, USA
Nevada, USA Ecru project, Cortez district, Nevada
Slide 15: Nevada: land of the giants
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 Reserve
Slide 16: Nevada: three earn-ins, tactical flexibility
Nevada: three earn-ins, tactical flexibility A single deal with TSXV listed Renaissance Gold to earn in to 3 separate properties (Pluto, Ecru and South Roberts) on identical terms Renaissance Gold is a “prospect generator” company run by the people behind the discovery of the Long Canyon deposit, ul
Slide 17: South Roberts: a simple test of a Goldrush analogue
South Roberts: a simple test of a Goldrush analogue The target comprises favourable carbonates beneath the Roberts Mountain Thrust, in an anticlinal crest, in an uplifted horst, adjacent to the northern Nevada rift, hidden beneath pediment, along trend from known gold mineralization (Barrick’s ~10Mo
Slide 18: Ecru: a bold target but a giant prize
Ecru: a bold target but a giant prize The target comprises several key ingredients based on interpretation of known local geology and geophysics: • A potential horst with favourable carbonate rocks concealed at depth beneath upper plate rocks • The presence of numerous gold occurrences in the upper
Slide 19: Central Lapland Greenstone belt, Finland
Central Lapland Greenstone belt, Finland Intense fuchsite-carbonate alteration in Sirkka shear zone
Slide 20: 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 21: 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 22: 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 23: 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 24: 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 25: Next…
Next… More diamond drilling at Storgroven, Sweden First stage drilling underway, initial 2-4 holes, first results due by mid-March Second stage drilling mid-March (subject to outcomes of first stage) First diamond drilling at South Roberts, Nevada Starting mid-April, for 6 weeks, assays likely June/
Slide 26: 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 dir
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