St. George Mining Ltd. · ASX:SGQ
St. George Mining — Investor Presentation (March 2018)
18 slides from St. George Mining's investor presentation, Mar 20, 2018
Slide 1: 2018 Nickel-Copper Sulphide Drilling at Mt Alexander
2018 Nickel-Copper Sulphide Drilling at Mt Alexander For personal use only 20 March 2018
Slide 2: Mt Alexander – Project Overview
For personal use only Mt Alexander – Project Overview 2
Slide 3: Mt Alexander Favourable Location
Mt Alexander Favourable Location For personal use only FAVOURABLE LOCATION Established Mining Region in WA: • South-southwest of world class nickel and gold mines of the Agnew-Wiluna belt; close to infrastructure/processing plants Underexplored Project: • Project was underexplored until St George ac
Slide 4: Mt Alexander Project Nickel-Copper Sulphide Discovery
Mt Alexander Project Nickel-Copper Sulphide Discovery For personal use only Shallow Depths: • Mineralisation from 30m below surface High Grade and Polymetallic: • High grade nickel sulphide plus copper, cobalt and PGEs Excellent Metallurgy: • Testwork produced 18%Ni concentrate (plus 0.55%Co and 13.
Slide 5: Mt Alexander – Drilling Success
For personal use only Mt Alexander – Drilling Success 5
Slide 6: Grade is King: 2017 Drilling Delivers Best Intersections to Date
Grade is King 2017 Drilling Delivers Best Intersections to Date For personal use only MAD56 (Cathedrals Prospect): 7.5m @ 3.90%Ni, 1.74%Cu, 0.12%Co and 3.32g/t total PGEs from 57.8m including 3.15m @ 6.36%Ni, 2.92%Cu, 0.20%Co and 5.03g/t total PGEs from 61.81m MAD55 (Cathedrals Prospect): 4.28m @ 2.
Slide 7: MAD71 at Stricklands Prospect
MAD71 at Stricklands Prospect 17.45m Thick Intersection of Ni-Cu Sulphides For personal use only Best high-grade intersection to date intersected in late 2017 – thickness and grade in MAD71: 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
Slide 8: Stricklands Drilling
Stricklands Drilling Extensive Ni-Cu Sulphides For personal use only 2017 Milestone with MAD71: • 7 follow-up holes after MAD71 intersected Ni-Cu sulphides • Drilling confirms 400m strike of E-NE mineralised ultramafic channel flow • Channel is co-incident with large SAMSON EM anomaly Q1/Q2 2018 Pla
Slide 9: Investigators Drilling
Investigators Drilling SAMSON EM Anomaly over 1km For personal use only Large EM Anomaly: • Conductive EM signature over a 1km strike • Multiple hits of $M from wide-spaced drilling but do not account for all of the large EM anomaly • Underexplored target areas Q1/Q2 2018 Planned Drilling: • 5 plann
Slide 10: Cathedrals Prospect
Cathedrals Prospect High Grade Mineral System For personal use only • Numerous intersections of high grade mineralisation on two surfaces – the Cathedrals ultramafic and the footwall fault below – with infill and extensional drilling ongoing • Cathedrals ultramafic extends for strike length of 400m
Slide 11: Metallurgical Testwork
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 test
Slide 12: Nickel Market
For personal use only Nickel Market 12
Slide 13: Nickel Market: Upswing in Cycle is Underway
Nickel Market Upswing in Cycle is Underway For personal use only Wood McKenzie, 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 stocks
Slide 14: EV Demand for Nickel
EV Demand for Nickel Market Dynamics About to Change Supply Constraint: For personal use only • Nickel supply in 2017 is 2,200,000 tonnes of nickel, growing to 2,500,000 tonnes by 2025 • Approx. 50% of supply is nickel pig iron, etc and not suitable for battery manufacture Demand Surge: • Nickel dem
Slide 15: St George – Investment Summary
For personal use only St George – Investment Summary 15
Slide 16: St George - Market Profile
St George - Market Profile Strong shareholder base and market support For personal use only Listed shares (SGQ): 278,407,716 Share Ownership Listed options (SGQOB): 24,584,714 Top 10: 20% Top 20: 28% SGQOB - exercise price of 20c, expiring on 30 Sept 2020. Directors: 6% Unlisted options (Private Ser
Slide 17: St George – Growth Nickel Stock
St George – Growth Nickel Stock Value Drivers For personal use only High Grade Discovery at Mt Alexander: • High grade Ni-Cu-Co-PGE discovery continues to grow • Strong indications for favourable economics with shallow mineralisation and expected low capex • Drilling re-commenced this week Major Re-
Slide 18: 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
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