St. George Mining Ltd. · ASX:SGQ
St. George Mining — RIU Resources Conference 2018
17 slides from St. George Mining's conference presentation, May 8, 2018
Slide 1: RIU Resources Conference, Sydney ASX / Media Release
ASX / MEDIA RELEASE 8 May 2018 For personal use only RIU RESOURCES CONFERENCE, SYDNEY St George Mining Limited (ASX: SGQ) (‘St George’ or ‘the Company’) is participating at the RIU Resources Conference being held in Sydney on 8, 9 and 10 May 2018. A copy of the Investor Presentation for this Confere
Slide 2: Nickel-Copper Sulphide Discovery Continues to Grow
Nickel-Copper Sulphide Discovery For personal use only Continues to Grow 8 May 2018 RIU Resources Conference, Sydney ASX: SGQ
Slide 3: Successful Exploration - Overview
For personal use only Successful Exploration - Overview 2
Slide 4: Mt Alexander Favourable Location
Mt Alexander Favourable Location For personal use only Three Projects in Western Australia: • Stable and reliable mining jurisdiction MT ALEXANDER DISCOVERY • Exceptional discovery in Western Australia • High-grade nickel-copper sulphides commence 30m from surface Favourable Location: • Located S-SW
Slide 5: Mt Alexander Project: Australia's Latest Nickel-Copper Sulphide Discovery
Mt Alexander Project Australia’s Latest Nickel-Copper Sulphide Discovery For personal use only Shallow Depths Large Mineralisation 30m from Mineral System surface with ongoing Ni-Cu sulphides over a 4km definition drilling; low cost strike of Cathedrals Belt drilling and mining High Grade and Excell
Slide 6: High Grade Mineralisation: Thick Intersections
High Grade Mineralisation Thick Intersections For personal use only MAD71 (Stricklands Prospect): 17.45m @ 3.01%Ni, 1.31%Cu, 0.13%Co and 1.68g/t total PGEs from 37.45m including the massive sulphide zones of: 5.3m @ 4.39%Ni, 1.45%Cu, 0.21%Co and 2.09g/t total PGEs from 39.3m; 2.02m @ 5.05%Ni, 2.01%C
Slide 7: Large Mineral System: Strike of Mineralisation Extended
Large Mineral System Strike of Mineralisation Extended For personal use only • Drillout continues across the 4.5km Cathedrals Belt; unique east-northeast belt • 100% strike rate: Ni-Cu sulphides in every EM (electromagnetic) conductor drilled at the Cathedrals Belt 6
Slide 8: Metallurgical Testwork: Positive Results from Initial Test
Metallurgical Testwork Positive Results from Initial Test For personal use only High Recoveries from Ore: • >99% recoveries of Ni and Cu to concentrates from preliminary testwork on massive sulphides • No deleterious elements like MgO or arsenic (on right: copper being floated in the metallurgical t
Slide 9: Project Economics: Opportunity for Low Costs/High Margins
Project Economics Opportunity for Low Costs/High Margins For personal use only Shallow Mineralisation Existing Infrastructure Clean Concentrate Low cost drilling/ low Nearby processing High grade Ni and Cu cost potential mining plants plus cobalt and PGEs Well defined zones of Close to exi
Slide 10: Nickel – It's Time
For personal use only Nickel – It’s Time 9
Slide 11: Nickel Market: Upswing in Cycle is Underway
Nickel Market Upswing in Cycle is Underway For personal use only Wood Mackenzie, Global Nickel Long- term Outlook, Dec 2017: “We continue to forecast a nickel outlook of deepening deficits, falling stocks and rising prices.” “Prices will continue to rise as the market remains undersupplied and stock
Slide 12: EV Demand for Nickel
EV Demand for Nickel Market Dynamics About to Change For personal use only Demand Rises on EV Revolution: • Nickel sulphide (Class 1 nickel) is required for EV McKinsey & Co, The Future of batteries; nickel pig iron, etc (Class 2) is not suitable Nickel: A Class Act, Nov 2017: for batteries “A short
Slide 13: Nickel Price to Outperform
Nickel Price to Outperform Upside Compared to Other Metals For personal use only Commodity Units Current Price LT Forecast ‘Upside’ LT v. Current Cobalt US$/t 90,500 43,200 (52%) Copper US$/t 6,830 7,280 6.5% Nickel offers Nickel US$/t 13,950 22,000 57% significant Zinc US$/t 2,990 2,830 (5.3%) upsi
Slide 14: St George – Investment Summary
For personal use only St George – Investment Summary 13
Slide 15: St George - Market Profile
St George - Market Profile Strong shareholder base and market support For personal use only Listed shares (SGQ): 278,780,500 Share Ownership Listed options (SGQOB): 24,579,714 Top 10: 19% Top 20: 27% SGQOB - exercise price of 20c, expiring on 30 Sept 2020. Directors: 6% Market cap: A$41m (@15c per s
Slide 16: St George – Growth Nickel Stock
St George – Growth Nickel Stock Positioned for Re-rating For personal use only High-grade Ni-Cu-Co-PGE discovery in Western Australia with favourable economics emerging Drilling to establish Upswing in nickel price and grow a resource with rising demand for inventory nickel sulphides Major re-rating
Slide 17: Disclaimer
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 regarding targets, estimates a