St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (September 2013)
32 slides from St. George Mining's investor presentation, Sep 3, 2013
Slide 1: Positioned for Exploration Success
‘Positioned for Exploration Success’ For personal use only Investor Presentation: September 2013
Slide 2: Content
Content For personal use only Investment Opportunity Corporate Overview East Laverton Property Cambridge Nickel Project Project Dragon Gold at East Laverton REE at East Laverton 2
Slide 3: Investment Opportunity
For personal use only Investment Opportunity 3
Slide 4: Key Investment Features
Key Investment Features For personal use only Unique regional exploration play in under-explored area Major nickel and gold potential Project Dragon farm-in Methodical exploration using modern techniques Strong technical team Innovative R&D Pipeline of prospects Share price highly leveraged to explo
Slide 5: Corporate Overview
For personal use only Corporate Overview 5
Slide 6: Company Snapshot
Company Snapshot For personal use only Board - Skills to deliver exploration success and company growth John PRINEAS – Chairman with over 26 years experience in the banking and legal sectors, including the head of a financial institution in Australia, with a focus on financing and corporate advice t
Slide 7: Capital Structure
Capital Structure For personal use only Share Capital Listed Shares (ASX: SGQ) 71,981,000 Listed Options (ASX: SGQO) 48,508,000 Market cap (@12c) $9m Top 20 61% Top 3 40% Management 20% Options on ASX: Exercise price of 20 cents, expiring on 28 November 2014 Unlisted Options: 450,000 options with 20
Slide 8: East Laverton Property
For personal use only East Laverton Property 8
Slide 9: Flagship Asset
For personal use only Flagship Asset 9
Slide 10: Why Is It Special?
Why Is It Special ? For personal use only A Regional Play Mineral Potential Dominant landholding of over Highly favourable geological 2,000 sq km setting for major nickel and gold discoveries Significant tectonic setting with multiple phases of mineralisation Nickel exploration on 3 komatiite ultram
Slide 11: Cambridge Nickel Prospect
Cambridge Nickel Prospect For personal use only 11
Slide 12: Exploration Approach
Exploration Approach For personal use only • Use industry leading geochemical and geophysical methods Explore • Senior technical team plan and personally execute field work • ‘See through’ post mineral cover for the first time Analyse • Innovative exploration models identify drill targets • Focussed
Slide 13: Cambridge Nickel Project (100% St George)
For personal use only Cambridge Nickel Project (100% St George) 13
Slide 14: Priority Nickel Target
Priority Nickel Target For personal use only Focused on the Stella Range Belt where primary nickel sulphides and fertile high MgO ultramafics have already been identified • 30 km strike for Cambridge on Stella Range belt • Advanced Cambridge prospect is a very large ultramafic body • Only limited ex
Slide 15: Breakthrough Exploration
Breakthrough Exploration For personal use only 2013 RC drilling intersected thick intersections of high MgO ultramafic with anomalous nickel • Confirms Cambridge as geologically consistent with the fertile Stella Range Belt • Extensive areas of high (>40%) MgO are typical of nickel sulphide minerali
Slide 16: Cambridge Cross Section
Cambridge Cross Section For personal use only 16
Slide 17: Cambridge Prospectivity
Cambridge Prospectivity For personal use only Basal Contact on Margins Basal contact is the interface between komatiite ultramafic and underlying rocks, and is the preferred site for nickel sulphide mineralisation Drill holes on both the western and eastern margins of Cambridge indicate a basal
Slide 18: The Geological Potential of Cambridge
The Geological Potential of Cambridge For personal use only Cambridge Nickel Project: • Located within an Archean komatiite nickel belt • Targets include a large ultramafic dunite body (4 km x 2 km) Local Exploration Analogue: Perseverance Nickel Deposit, Leinster, WA • One of the largest nickel d
Slide 19: The Economic Potential of Cambridge
The Economic Potential of Cambridge For personal use only Recent Discovery for Comparison: Nova-Bollinger Ni-Cu Deposit, Fraser Range, WA • Proterozoroic rather than Archean • 14.6 Mt @ 2.2% Ni, 0.9% Cu, 0.08% Co • 325,000 tonnes of contained nickel ** ** July 2013 resource estimate as stated in A
Slide 20: Cambridge and the Pipeline
Cambridge and the Pipeline For personal use only Cambridge East Oxford North Cambridge Cambridge Cambridge North South Oxford South Early Stage Intermediate Advanced 20
Slide 21: 2013 Exploration - Ongoing
2013 Exploration - Ongoing For personal use only - 2013 exploration programme is fully funded from cash position and R&D rebate expected in Q4 2013 - Drilling Programme First Phase of drilling completed Assays under review Second phase of 2013 drilling being planned Further RC drilling across Ca
Slide 22: Nickel Sulphide (NiS): In Demand
Nickel Sulphide (NiS): In Demand For personal use only High Value for NiS NiS Discoveries are Rare Typical WA NiS is komatiite Komatiite NiS is formed within a hosted which is: narrow timeframe in Archean High grade and low volume • Existing NiS mines are mature Easy metallurgical with declining
Slide 23: Project Dragon
For personal use only Project Dragon 23
Slide 24: Farm-in Agreement
Farm-in Agreement For personal use only • On 29 May 2013, the Partner (BHP Billiton Nickel West) exercised its option to proceed with Stage One of the farm-in arrangement • Stage One: the Partner may earn a 51% interest in the nickel rights of seven tenements by completing expenditure of $3m over 3
Slide 25: Potential New Nickel Mineral Field
Potential New Nickel Mineral Field For personal use only • Exploring on 3 ultramafic trends • 35 RC holes completed (April to July 2012) for 8,560m • 28 of the 35 RC holes successfully identified komatiite ultramafics • Two drill holes on the Stella Range Belt (DRAC 35 and DRAC 38) intersected disse
Slide 26: 2012 Drill Results
2012 Drill Results For personal use only GDA94_51 GDA94_51 Total From To Width Ni S Cu Pt+Pd Hole ID East North Dip Azimuth Depth (m) (m) (m) (%) (%) (ppm) (ppb) DRAC35 527150 6739401 -60 250 244 100 120 20 0.39 1.22 337 189 Including 100 104 4 0.57 1.74 366 294 Including 112 114 2 0.51 1.40 584 281
Slide 27: Gold at East Laverton
For personal use only Gold at East Laverton 27
Slide 28: Gold Prospects
Gold Prospects For personal use only Attractive Address for Gold Key Targets • Yilgarn: located in the gold • Balmoral: a unique Au-M prospect prolific NE Goldfields with a core of 3km x 2km and a concentrically zoned alteration • Terrane boundary: on geological system over 9km terrane boundary, whe
Slide 29: Key prospects over aeromagnetics
For personal use only Key prospects at the East Laverton Property shown over aeromagnetics with interpreted major fault lines highlighted 29
Slide 30: REE at East Laverton
For personal use only REE at East Laverton 30
Slide 31: Red Dragon REE Prospect
Red Dragon REE Prospect For personal use only REE Exploration Target Proof of Concept • Very large carbonatite-REE • 2013 RC drilling intersects (rare earth elements) system anomalous iron-rich REE mineralisation • Soil geochemical footprint • Confirms presence of extends over 64 sq km; open carbona
Slide 32: Disclaimer
For personal use only DISCLAIMER: Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regardin
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