St. George Mining Ltd. · ASX:SGQ

St. George Mining — Investor Presentation (April 2011)

33 slides from St. George Mining's investor presentation, Apr 6, 2011

  1. Slide 1: Updated ASX Release

    ASX / MEDIA RELEASE 6 April 2011 For personal use only UPDATED ASX RELEASE The attached ASX Release and Investor Presentation are updated versions of the announcements lodged with the ASX on 4 April 2011. The updated ASX Release and Investor Presentation contain minor drafting amendments to the text

  2. Slide 2: Nickel Farm-in Agreement with BHP Billiton

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  3. Slide 3: Nickel sulphide potential at East Laverton

    dŚĞ ƉŽƚĞŶƚŝĂů ĨŽƌ ŶŝĐŬĞů ƐƵůƉŚŝĚĞ ŵŝŶĞƌĂůŝƐĂƚŝŽŶ ǁĂƐ ŝŶŝƚŝĂůůLJ ƌĞĐŽŐŶŝƐĞĚ Ăƚ ƚŚĞ ĂƐƚ >ĂǀĞƌƚŽŶ WƌŽƉĞƌƚLJ ĨƌŽŵ ĂŶŽŵĂůŽƵƐ ŶŝĐŬĞů ůĞǀĞůƐ ĚĞƚĞĐƚĞĚ ŝŶ ĞdžƉůŽƌĂƚŝŽŶ Ěƌŝůů ŚŽůĞƐ ŽĨ ƉƌĞǀŝŽƵƐ ŐŽůĚ ĞdžƉůŽƌĞƌƐ͘ dŚĞ ŶŝĐŬĞů ŐĞŽĐŚĞŵŝĐĂů ƌĞƐƉŽŶƐĞƐ ǁĞƌĞ ĐŽŶƐŝƐƚĞŶƚ ǁŝƚŚ ƚŚĞ ƉƌĞƐĞŶĐĞ ŽĨ ŬŽŵĂƚŝŝƚŝĐ ƌŽĐŬƐ ĐŽŶƚĂŝŶŝŶŐ ϰϬнй ǀ

  4. Slide 4: The Farm-in Agreement

    d,&ZDͲ/E'ZDEd dŚĞŬĞLJƚĞƌŵƐŽĨƚŚĞ&ĂƌŵͲŝŶŐƌĞĞŵĞŶƚŝŶĐůƵĚĞ͗ For personal use only x dŚĞ ŽŵƉĂŶLJ ŚĂƐĂ Ϯ LJĞĂƌ ŽƉƚŝŽŶ ŽǀĞƌƚŚĞŶŝĐŬĞů ƌŝŐŚƚƐ Ăƚ ϵƚĞŶĞŵĞŶƚƐ ĐŽǀĞƌŝŶŐ ŝŶƚŽƚĂů ĂƉƉƌŽdž͘ϰϵϴƐƋŬŵ;ƚŚĞ͚ŽƌĞdĞŶĞŵĞŶƚƐ͛Ϳ͘ x ŶŽďůŝŐĂƚŝŽŶŽŶƚŚĞŽŵƉĂŶLJƚŽƐƉĞŶĚΨϲϬϬ͕ϬϬϬŽŶĞdžƉůŽƌĂƚŝŽŶĚƵƌŝŶŐƚŚĞŽƉƚŝŽŶƉĞƌŝŽĚ ĂŶĚŵĂŝŶƚĂŝŶƚŚĞƚĞŶĞŵĞŶƚƐŝŶŐŽŽĚƐƚ

  5. Slide 5: Further information and competent person statement

    &ŽƌĨƵƌƚŚĞƌŝŶĨŽƌŵĂƚŝŽŶ͕ƉůĞĂƐĞĐŽŶƚĂĐƚ͗ :ŽŚŶWƌŝŶĞĂƐ džĞĐƵƚŝǀĞŚĂŝƌŵĂŶ ĂǀŝĚƌŽŽŬ For personal use only ^ƚ'ĞŽƌŐĞDŝŶŝŶŐ>ŝŵŝƚĞĚ WƌŽĨĞƐƐŝŽŶĂůWƵďůŝĐZĞůĂƚŝŽŶƐ ;нϲϭͿϰϭϭϰϮϭϮϱϯ ;нϲϭͿϬϴϵϯϴϴϬϵϰϰŵŽďϬϰϭϱϬϵϲϴϬϰ :ŽŚŶ͘ƉƌŝŶĞĂƐΛƐƚŐŵ͘ĐŽŵ͘ĂƵ ĂǀŝĚ͘ƌŽŽŬΛƉƉƌ͘ĐŽŵ͘ĂƵ ǁǁǁ͘ƐƚŐĞŽƌŐĞŵŝŶŝŶŐ͘ĐŽŵ͘ĂƵ KDWdEdWZ^KE^ddDEd͗ dŚĞ ŝŶĨŽƌŵĂƚŝŽŶ ŝŶ

  6. Slide 6: For personal use only

    Investor Presentation April 2011 For personal use only

  7. Slide 7: Our Company

    Our Company For personal use only Company Details: ƒ Listed on ASX on 16 November 2010 ƒ Gold and nickel sulphide prospects for world class deposits ƒ Exciting prospects for uranium and rare earths at Pine Creek Directors: ƒ John Prineas – Executive Chairman ƒ Tim Hronsky – Technical Director ƒ Marc

  8. Slide 8: Project Locations

    For personal use only Project Locations

  9. Slide 9: East Laverton Property and Nickel Farm-in Agreement

    For personal use only East Laverton Property and Nickel Farm-in Agreement

  10. Slide 10: East Laverton Property

    East Laverton Property For personal use only

  11. Slide 11: For personal use only

    For personal use only

  12. Slide 12: New Developments – Project Dragon

    New Developments – Project Dragon For personal use only • Farmin Agreement with BHP Billiton for the nickel rights at the East Laverton Property • Extensive rare high MgO komatiites (ultramafic volcanics) at East Laverton • A material Ni discovery would be a “company- making” project for St George M

  13. Slide 13: NiS – Need for Discoveries

    NiS – Need for Discoveries For personal use only • Large decline in new and material NiS discoveries • Existing mines are mature with declining resources • Some mines have specific metallurgical issues (high Mg, low Fe) • Accepted that Ni- laterite will not reverse this downward trend in nickel reso

  14. Slide 14: Komatiite NiS Deposits are Rare

    Komatiite NiS Deposits are Rare For personal use only • Komatiite hosted Ni-S deposits have a very restricted distribution globally, only forming in a narrow timeframe in the Archean • Two of the three komatiite Ni belts in Australia are in the Eastern Goldfields and host the majority of Australia’s

  15. Slide 15: High Value of Komatiite NiS Deposits

    High Value of Komatiite NiS Deposits For personal use only • Komatiite hosted NiS deposits are smaller in size and higher grade than disseminated NiS deposits • They are high profit margin, stand alone deposits that produce a clean Fe and low Mg concentrate • Disseminated NiS deposits have low Fe an

  16. Slide 16: Project Dragon – The Potential

    Project Dragon – The Potential For personal use only • Project area is situated within southern extension of Ni and PGE rich Duketon ultramafic belt • Large landholding allows for multiple high value deposits in new NiS district – analogous to Kambalda in 1960’s • Multiple Ni-rich lava channels exis

  17. Slide 17: For personal use only

    | 560 000mE |! 600 000mE 640 000mE TROPICANA JV (5m oz Au) CORVETTE — * \ RUSTY NAIL “7 _ — a” “7-7 6 740000mN— “ FROSTBITE 6 700 000mN — 3m @ 40.33 g/t Au from 97m * kilometres 1 Granted Tenements 1 New Applications ST GEORGE MINING LIMITED @) Gold prospects @ Nickel Prospects @ Copper Prospect Oth

  18. Slide 18: Farm-in Agreement

    Farm-in Agreement For personal use only • BHP Billiton may earn a 70% interest by sole funding a bankable feasibility study (BFS), with St George Mining free carried for its 30% interest up to completion of the BFS • The interest is earned over the nickel rights at 9 tenements covering 498 sq km, wi

  19. Slide 19: Gold Focus at East Laverton

    Gold Focus at East Laverton For personal use only • Dominant landholding of 1,810 sq km in the under-explored margin of the Yilgarn Craton • Highly favourable structural setting: Focused on the major Minigwal and Stella Range Faults which are cross-cut by a NE-SW tensional fault system, informally k

  20. Slide 20: Gold Exploration

    Gold Exploration For personal use only • SGQ completed a regional (500m grid) MMI multi-element soil geochemical survey in 2010 • Infill sampling on a 50m spacing now completed on areas of interest • Two major new gold prospects discovered with potential for large scale deposits – Balmoral and Deser

  21. Slide 21: Balmoral Au Prospect

    Balmoral Au Prospect For personal use only • New prospect with large geochemical footprint • Indicates zoned hydrothermal system with 12 km strike • Core zone is 3km x 2km and contains three prominent gold targets • Central Au + Ag + Mo + Cu geochemistry suggests magmatic involvement • Surrounding a

  22. Slide 22: Gold Targets

    For personal use only Gold Targets

  23. Slide 23: Pine Creek Property

    For personal use only Pine Creek Property

  24. Slide 24: Pine Creek Property

    Pine Creek Property For personal use only • SGQ’s Thunderbolt Gold Prospect discovered through Homestake’s regional diamond drilling program • Exploration model based on Homestake’s giant gold deposit at Lead, South Dakota (50+ M ozAu) • Material uranium discoveries in proximity: Thundelarra (ASX: T

  25. Slide 25: Pine Creek Property

    For personal use only Pine Creek Property STGEORGE MINING LIMITED x North "4

  26. Slide 26: Blue Thunder Gold Project

    Blue Thunder Gold Project For personal use only • Western part of Au-rich Pine Creek’s Central Domain • Excellent road, rail and gas pipeline infrastructure • On the under-explored Fenton Shear (the western margin of concealed Archean dome) • Parallel to Pine Creek Shear (the eastern margin of the A

  27. Slide 27: Blue Thunder Gold Project

    Blue Thunder Gold Project For personal use only • Discovery hole FEND 18: 20m@1.74 g/t Au (incl. higher grade zones) • FEND 14 (17 m @ 0.72 g/t Au) is 1.2 km from FEND 18 • Mineralisation open in all directions • Drill target for 2011 • Coincident Au + Co anomaly from MMI orientation survey over thi

  28. Slide 28: White Strike Uranium Project

    White Strike Uranium Project For personal use only • On strike from U3O8 Thunderball discovery of WHITE STRIKE URANIUM PROSPECT Thundelarra _________________________________ Uranium anomaly (yellow) coincident • Radiometric anomaly: with margin of inferred underlying intrusive (pink) and intersectio

  29. Slide 29: Exploration Program and Targets

    For personal use only Exploration Program and Targets

  30. Slide 30: Exploration Targets

    Exploration Targets For personal use only Location Priority Prospects Initial Resource Actions in 2011 Target East Laverton Balmoral (Au) 1+ Moz Au Initial drilling East Laverton Desert Dragon (Au) 1+ Moz Au Ongoing drilling Pine Creek Thunderbolt (Au) 1+ Moz Au Initial drilling Pine Creek White Str

  31. Slide 31: Loyalty Option Issue

    For personal use only Loyalty Option Issue

  32. Slide 32: Loyalty Options

    Loyalty Options For personal use only Loyalty options, as outlined in the 2010 IPO Prospectus, to be issued around May 2011: ™ to be issued to all shareholders on the register as at the record date (to be determined prior to option issue) ™ one option for every two shares ™ options will be issued at

  33. Slide 33: Disclaimer

    Disclaimer For personal use only 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 regarding

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