Saturn Metals Ltd. · ASX:STN
Saturn Metals — RIU Explorers Conference 2019 (Fremantle)
16 slides from Saturn Metals's conference presentation, Feb 21, 2019
Slide 1: A New Australian Gold Explorer in a Multi Million Ounce Gold Province
A New Australian Gold Explorer in a ASX:STN Multi Million Ounce For personal use only Gold Province RIU Fremantle Investor Presentation Ian Bamborough Managing Director www.saturnmetals.com.au 20 February 2019 Pictured – diamond drill core in core racks Apollo Hill
Slide 2: Apollo Hill Gold Project Overview
Apollo Hill Gold Project Overview ASX:STN • Excellent location 60km south- For personal use only east of Leonora in Western Australia in world class multi million ounce gold province close to existing gold infrastructure • 100% ownership of more than 1,000km² of contiguous ground • Upgraded Indicate
Slide 3: Value Proposition
Value Proposition Apollo Hill has the potential to be a multi-million ounce gold ASX:STN project in a tier one mining jurisdiction For personal use only Rapid Development in the Last Six Months: • Saturn Metals Limited (Saturn) Listed on the ASX in March 2018, having raised $7M in an oversubscribed
Slide 4: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register ASX:STN For personal use only Substantial Shareholders Share Price Since Listing Peel Mining Limited (escrowed) 36% Hampton Hill Mining and Associates 11% Directors and Management 5% Top 20 ~69% Corporate Metrics Cash (31 December 2018) $3.4M Shares o
Slide 5: Experienced Board
Experienced Board ASX:STN IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) For personal use only Managing Director Mr Bamborough is a geologist with over 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently
Slide 6: Apollo Hill – Resource Upgrade (685koz)
Apollo Hill – Resource Upgrade (685koz) November 2018 Upgrade ASX:STN A 36% Increase – Open for Expansion For personal use only • Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t Au for 685,000oz reported above a cut-off grade of 0.5g/t Au and variable 1 shallow
Slide 7: Indicated Category
Indicated Category Indicated Category Shows Improvement in Grade ASX:STN • A total of 3.3Mt @ For personal use only 1.1g/t Au for 116koz is now classified as an Indicated Mineral Resource representing a conversion of 22% of the previous Inferred Mineral Resource • Grade appears to be drill density d
Slide 8: Higher-Grade Gold Lodes – Open to the North
Higher-Grade Gold Lodes – Open to the North ASX:STN Thick, higher grade, continuous lodes and shoots, extending to surface could see an increase to the overall grade of the mineral inventory For personal use only DRILLING OPEN • Recent Assays Illustrated • Open to the North • Focus and Structure Pro
Slide 9: Strong Cross Section Open to The South
Strong Cross Section Open to The South System strong and wide, open to the south – ASX:STN large mineralised system continues For personal use only DRILLING OPEN • Recent Assays Illustrated • Open to the South • Thick Shallow Intersections – 58m @ 1.06g/t Au at only 65m depth; AHRC0049 2 www.saturnm
Slide 10: Resource Expansion Drilling
Resource Expansion Drilling Planned drilling scheduled to commence in early February ASX:STN • 3,600m (30 RC holes) For personal use only • Test Corridor to grow Inventory from the Apollo Hill Indicated and Inferred JORC Compliant Mineral Resource of 20.7 Mt @ 1.0g/t 1 Au for 685,000oz • Testing an
Slide 11: Apollo Hill – Simple Metallurgy
Apollo Hill – Simple Metallurgy Metallurgical test work has shown excellent gold extraction ASX:STN characteristics for easily recoverable gold For personal use only CONVENTIONAL AND GRAVITY Data collected with GeoCore X10 • More than 60% recovery by gravity separation alone Grey Green • Greater tha
Slide 12: Significant Regional Exploration Upside
Significant Regional Exploration Upside First pass Aircore drilling underway on multiple targets - ASX:STN Assays Pending For personal use only • 100% Owned - 1,000km² • World Class Geological Setting with multi million ounce gold deposits (Gwalia Mine, Carosue Dam, Porphyry) in close proximity • Gr
Slide 13: Atlanta Syenite Target – Bull Terrier Area
Atlanta Syenite Target – Bull Terrier Area ASX:STN • Along strike of McAuliffe well For personal use only 400kt @ 2g/t historic Au Inventory • Similar geology to Dacian’s Cameron Well • Multiple interpreted syenites • High grade historic geochemical results (937ppb) 2* • Competitive land position (S
Slide 14: Bobs Bore – Expanding the Apollo Hill Camp
Bobs Bore Expanding the Apollo Hill Camp ASX:STN • Adjacent and For personal use only parallel to Apollo Hill Resource • Significant historic Aircore results – 9m @ 10.85g/t from 90m (PHA0369) • Large structural corridor – 5km wide • Gold fertile Keith Kilkenny Shear • Multiple unexplored structures
Slide 15: Planned Exploration Schedule 2019
Planned Exploration Schedule 2019 Regular results flow ASX:STN • Targeting ~20,000m of drilling in the next 6 - 9 months For personal use only • Clear strategy to add shareholder value - 3 pronged approach will aim to: • Grow existing Apollo Hill resources base by targeting along strike potential •
Slide 16: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements ASX:STN The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no respons
Saturn Metals — RIU Explorers Conference 2019 (Fremantle) on 6ix