Santana Minerals Ltd. · ASX:SMI
Santana Minerals — Investor Presentation (January 2024)
17 slides from Santana Minerals's investor presentation, Jan 8, 2024
Slide 1: Rise & Shine (RAS) - Bendigo-Ophir Project Corporate Presentation
For personal use only Rise & Shine (RAS) The most significant single gold discovery in New Zealand in four decades Bendigo-Ophir Project Corporate Presentation January 2024
Slide 2: Disclaimer
Disclaimer Disclaimer Previous Disclosure - 2012 JORC Code For personal use only All information contained in this presentation is of a general nature. Potential investors are cautioned The information in this report that relates to Mineral Resources or Ore Reserves is based on information in agains
Slide 3: Bendigo-Ophir Gold Project: Multiple gold discoveries over five kilometres of strike
Bendigo-Ophir (“BOP”) Gold Project Multiple gold discoveries over five kilometres of strike For personal use only Rise and Shine RAS 2,662koz @ 2.5g/t Au Come In Time CIT 59koz @ 1.5 g/t Au Shreks SHR 174koz @ 1.1 g/t Au Shreks-East SRE 11koz @ 1.3 g/t Au RSSZ mineralisation concentrated in multiple
Slide 4: BOP – Key points in history
BOP – Key points in history Alluvial gold discovered in Bendigo area The Central Otago Gold Rush. For personal use only 1862 Historic production of ~ 8 Million oz, Bendigo region ~ 300koz. Matakanui Gold Limited (MGL) granted exploration permits over 2016 Bendigo-Ophir area. Bendigo-Ophir Drilling o
Slide 5: BOP key attributes
BOP key attributes For personal use only Location Geology Economics 292km2 of mining tenure multiple new discoveries over 5km RAS infill drilling essentially of trend complete. over freehold land with agreements in place RAS so far is the only anomaly Revised MRE (JORC 2012) adequately d
Slide 6: The Rise and Shine (RAS) discovery
The Rise and Shine (RAS) discovery For personal use only A zone of shallow dipping gold mineralisation traced for >1.5km down plunge and up to 500m beneath unconforming TZ3 cover. A simple tabular high grade core of 150m - 200m wide, aggregating to 25m - 30m true- width, averaging 2.5g/t+. App
Slide 7: Exceptional drill hole intercepts
Exceptional drill hole intercepts For personal use only Cross Section 5017590 mN Cross Section 5017780mN As per ASX release 23rd Nov 2023 7
Slide 8: A Simple Development Strategy
A Simple Development Strategy For personal use only FERRET GULLY 8
Slide 9: Site Terrain – Semi-arid, sparse, hidden
Site Terrain – Semi-arid, sparse, hidden Looking south Looking east For personal use only RAS – HG Core Battery Hill Looking north Shepherd’s Creek RAS – HG Core 9
Slide 10: Simple metallurgy
Simple metallurgy Amenable to gravity and CIP For personal use only RAS is 100% fresh, unoxidized schist rock Standard gravity-cyanide leach testwork undertaken by ALS on multiple composite samples, overseen by KCAA Indicative metallurgy shows free milling gold recoverable by gravity followed
Slide 11: Plenty more – CIT, SHR/SHRE, TSD, UTS, BDR, PCK
Plenty more – CIT, SHR/SHRE, TSD, UTS, BDR, PCK For personal use only The historic Bendigo underground mine 180,000oz produced at 1 to 6oz/t avg. grade Arsenic pathfinder anomalies showing primary mineralized structures, yet to be traced under the TZ3 schist unconforming cover (20m year age differen
Slide 12: The year ahead – streams
The year ahead – 2 streams For personal use only Stream 1 Stream 2 Commercialisation of RAS deposit Bendigo – Ophir Project exploration • Finalisation of resource definition drilling at RAS • Resource definition drilling at CIT, SHR • Completion of Mineral Resource Update • Initial drill testing of
Slide 13: A clear pathway to permitting
A clear pathway to permitting New pro-mining government in place since November 2023 For personal use only Resource Consenting Mineral Access Land Access (Environmental Approval) Principal Act CMA 1991 CMA 1991, OIA 2005 RMA 1991 1 Authority NZ Petroleum and Minerals Private freehold Central Otago D
Slide 14: Company assets
Company assets For personal use only Core focus Secondary focus Other projects Bendigo-Ophir Gold Project Cuitaboca Silver Project (earning Exploration Concession, (100%), 100%) Cambodia Santana, free Central Otago Region South Sinaloa Province, Mexico. carried. Island of New Zealand 14
Slide 15: Corporate snapshot
Corporate snapshot For personal use only Capital Structure Ownership Issued capital Market Cap Major shareholders 177.83 million FPO shares A$178 million Regal Funds 7.8% (A$1.00/share – Jan 03, 2024) Frederick (Kim) Bunting 7.6% 1.14 m Broker Options @ $0.30 (Nov ‘24) Est Cash at Bank 3.79 m Empl.
Slide 16: Mineral resource estimate (MRE)
Mineral resource estimate (MRE) For personal use only February 2023 RSSZ Mineral Resource at 0.5g/t cutoff (with top-cut) Deposit Category tonnes (Mt) Au grade (g/t) Gold (koz) Inferred 31.5 2.4 2,383 RAS1 Indicated 2.0 4.3 279 RAS Total Indicated and Inferred 33.5 2.5 2,662 CIT2 Inferred 1.2 1.5 59
Slide 17: Rise & Shine (RAS)
For personal use only Rise & Shine (RAS) The most significant single gold discovery in New Zealand in four decades Bendigo-Ophir Project Corporate Presentation January 2024
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