Saturn Metals Ltd. · ASX:STN
Saturn Metals — Investor Presentation (September 2018)
19 slides from Saturn Metals's investor presentation, Sep 26, 2018
Slide 1: A New Australian Gold Explorer in a Multi Million Ounce Gold Province
A New Australian Gold Explorer in a Multi Million Ounce Gold Province ASX:STN For personal use only Ian Bamborough Managing Director www.saturnmetals.com.au 26 September 2018
Slide 2: Value Proposition
Value Proposition Apollo Hill has the potential to be a multi-million ounce gold project in a tier one mining jurisdiction • Rapid Development in the Last Six Months: For personal use only • Saturn Metals Limited (Saturn) Listed on the ASX in March 2018, having raised $7M in an oversubscribed IPO. •
Slide 3: Corporate Snapshot
Corporate Snapshot Well Funded – Strong Register 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% Washington H. Soul Pattison 2% Top 20 ~70% Corporate Metrics Cash (30 June 2
Slide 4: Experienced Board
Experienced Board For personal use only IAN BAMBOROUGH (BSc (Hons), MSc, MBA, MAIG, GAICD) Managing Director Mr Bamborough is a geologist with 20 years leadership experience in the mining industry. Mr Bamborough developed his career with Newmont Mining Corporation and was more recently managing dire
Slide 5: Apollo Hill Gold Project Overview
Apollo Hill Gold Project Overview For personal use only • Excellent location 50km south-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 • Existing 2012 JORC complia
Slide 6: Apollo Hill – Resource Picture (0.5Moz) – March 2018 (Listing)
Apollo Hill – Resource Picture (0.5Moz) – March 2018 (Listing) A previously under-explored gold project • JORC (2012) compliant inferred resource of 17.2Mt at 0.9g/t for 505,000 ounces of gold using a 0.5g/t cut-off with a maximum depth of 180m1 • Expansive gold mineralised system at 40m-70m wide -
Slide 7: Significant Progress Since Listing
Significant Progress Since Listing • Completed 9,644m of RC and diamond drilling in 76 holes • Extended the main Resource corridor by 370m • Intersected and proved high grade plunging shoots within the main resource zone – 12m @ 2.8g/t Au from 4m, AHRC0024 For personal use only • Infilled and improv
Slide 8: Potential for Significant Resource Growth
Potential for Significant Resource Growth New, near surface results grow and improve the Apollo Hill gold system: For personal use only Extensional; • 58m @ 1.06 g/t Au from 65m inc. 36m @ 1.39 g/t Au from 87m, AHRC0049; • 12m @ 1.15g/t Au from 93m, AHRC0013; • 28m @ 1.20g/t Au from 82m – AHRC0036.
Slide 9: Stacked, Higher Grade Plunging Gold Shoots
Stacked, Higher Grade Plunging Gold Shoots Higher grade results indicate a new geological model within the Resource area • ‘Text book’ geological structures known as ‘Riedel’ shears with plunging gold shoots evident. For personal use only • New results effectively outline the Armstrong and Eagle Sho
Slide 10: Recent Drilling Improves Near Surface Extensions
Recent Drilling Improves Near Surface Extensions Thick near surface mineralised zones gives a favourable proportion of mineralised to non mineralised material (evident in this view) For personal use only Shallow Drilling • Mineralisation Extends to Surface • 46m @ 1.11 from 19m – AHRC0041 • Drilling
Slide 11: Higher-Grade Gold Lodes - Open to The North
Higher-Grade Gold Lodes - Open to The North Thick, higher grade, continuous lodes and shoots, extending to surface could see an increase For personal use only to the overall grade of the mineral inventory N Drilling open •Recent Assays 0m Surface Illustrated • Open to the North • Focus and Structure
Slide 12: Strong Cross Section Open to The South
Strong Cross Section Open to The South System strong and wide, open to the south – large mineralised system continues For personal use only N Drilling Open • Recent Assays Illustrated • Open to the South 0m Surface • Thick Shallow Intersections – 58m @ 1.06g/t Au at only 65m depth ~-200m Section C,
Slide 13: Large Scale Untested Resource Corridor
Large Scale Untested Resource Corridor Next phase drilling designed to rapidly show exploration capacity • Anomalism over a 6km long large corridor ineffectively tested For personal use only • 2,500m (20 holes) of RC planned for October-November 2018 View Looking West and Down AA090 5m @ 25.9g/t Au
Slide 14: Apollo Hill - Simple Metallurgy
Apollo Hill - Simple Metallurgy Metallurgical test work has shown excellent gold extraction characteristics for easily recoverable gold For personal use only Data collected with GeoCore X10 Conventional and Gravity • More than 60% recovery by gravity Grey Green Gold Grains Basalt separation alone •
Slide 15: Significant Regional Exploration Upside
Significant Regional Exploration Upside Large land holding of greenstone in For personal use only a prolific mineralised belt • 100% Owned - 1,000km2 • World Class Geological Setting with multi million ounce gold deposits (Gwalia Mine, Carosue Dam, Porphyry) in close proximity • Ground encompasses m
Slide 16: Bobs Bore
Bobs Bore Highly prospective regional targets For personal use only • Bobs Bore – 9m @ 10.9g/t Au near bottom of hole • Located 3.5km NE of Apollo- Ra deposits on the Keith Kilkenny Structure • Located directly on the gold prospective Keith Kilkenny Lineament • Sparse Drilling – only one section of
Slide 17: Yerilla Shear
Yerilla Shear Highly prospective regional targets For personal use only • 17m @ 6.04g/t Au from 86m; fence line RC intersection with only limited follow up work • 5km Long Trend of Significant Intersections on the Yerilla Shear and folded rocks • Historic production from the greater area over 17,700
Slide 18: Planned Exploration Schedule 2018-2019
Planned Exploration Schedule 2018-2019 Regular results flow • Targeting ~18,000m of drilling in the next 12 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; hits al
Slide 19: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care For personal use only from information provided by the Company and from sources, which the Company believes are reliab
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