Savannah Resources Plc · LSE:SAV

Savannah Resources — Investor Presentation (May 2015)

31 slides from Savannah Resources's investor presentation, May 2015

  1. Slide 1: Building a Diversified Mining Group

    Building a Diversified Mining Group Investor Presentation May 2015 AIM: SAV COPPER – OMAN / HEAVY MINERAL SANDS – MOZAMBIQUE / INVESTMENT PORTFOLIO

  2. Slide 2: Disclaimer

    Disclaimer 2 These presentation slides (“the Slides”) do not comprise an admission document, listing particulars or a prospectus relating to Savannah Resources plc (“the Company”), or any subsidiary of the Company, do not constitute an offer or invitation to purchase or subscribe for any securities

  3. Slide 3: Savannah at a glance

    Savannah at a glance… 3 • Prospective multi-commodity portfolio: o Blocks 4, 5 and 6, Oman – 1,270 km² high calibre portfolio of advanced KEY DATA exploration and development copper projects with additional gold prospectivity MARKET AIM o Jangamo Project, Mozambique – 180km2 project with 65Mt Indica

  4. Slide 4: Board and management team

    Board and management team 4 Matthew King A graduate in law from Durham University, Matthew is currently a Senior Advisor to The Operational Risk Practice Pte Ltd, a Chairman Singapore-based risk management consultancy and a member of the Expert Panel of Cambridge Governance Labs, an inter- disciplin

  5. Slide 5: Copper Fundamentals

    Copper Fundamentals 5 Strong copper fundamentals provides significant opportunity: • Increasing levels of average global per capita copper consumption from population growth and GDP growth • Investment hiatus in resources means reduction in new supply from 2016 onwards o Declining head grades of exi

  6. Slide 6: Oman – a Strategic Opportunity

    Oman – a Strategic Opportunity 6 • Strategic positioning - rare chance to secure a commanding position in the Omani VMS Belt and the Oman mining industry o Aim to be the partner of choice in Oman and the favoured operator o Build a strategic foothold to consolidate isolated VMS deposits around a cen

  7. Slide 7: Oman Portfolio - Blocks 4, 5 and 6

    Oman Portfolio - Blocks 4, 5 and 6 Three highly prospective blocks covering 1,270 km² of advanced development and early stage exploration containing medium to high grade Cyprus-type VMS resources in the prime part of the copper-rich Semail Ophiolite belt Multiple high value copper prospects with add

  8. Slide 8: The Setting: Prolific Copper Belt

    The Setting: 8 Prolific Copper Belt Maqail#South#0.16Mt#at#3.8%# Cu# Mahab#4## 1.51Mt#at#2.1%# Cu#

  9. Slide 9: Objective: Build the Copper Resource Inventory

    Objective: 9 Build the Copper Resource Inventory • Targeting a commercial copper resource inventory • Sources: 1. Expansion of Mahab 4 – Block 5 2. Additional incremental value o Maquail South – Block 5 o Gayth – Block 4 3. Near mine targets – Block 4 4. Identified Prospects – Block 4 and 5 5. Poten

  10. Slide 10: Block 5 – Mahab 4 Deposit

    Block 5 – Mahab 4 Deposit Established Mineral Resource with further upside 10 Current Indicated and Inferred Mineral Resource of 1.51Mt at 2.1% copper at the Mahab 4 prospect in Block 5 – 31,600t of contained Cu • Deposit remains open along strike to north and both up and down dip • Drill programme

  11. Slide 11: Block 5 Mahab cluster target location

    Block 5 11 Mahab cluster target location Mahab%4%% 54.1m%@%4.9%%Cu% IND/INF%Resource%1.51Mt%@%2.1%% Cu%%%

  12. Slide 12: Additional Incremental Inventory

    Additional Incremental Inventory 12 • Maqail South o 160,000t @ 3.8% Cu for 6,080t of contained copper • Gayth o 15.27m @ 6.2% Cu o 4.29m @ 7.2% Cu o 1.15m @ 3.6% Cu o 1.07m @ 4.9% Cu Maqail South Drilling at Gayth

  13. Slide 13: Block 4 Copper potential – Near Mine Targets

    Block 4 13 Copper potential – Near Mine Targets Block 4 contains four historic copper mines which produced over 212,000t contained Cu: Metal#Cu# Deposit#name# Date#Mined# Tonnes#Mt# Grade#%#Cu# Tonnes# Aarja# 1990>1994% 2.60% 1.4% 36,920% Bayda# 1983>1989% 0.80% 3.0% 24,000% Lasail# 1983>1992% 9.18%

  14. Slide 14: Block 4 High Priority Near Mine Copper Targets

    Block 4 14 High Priority Near Mine Copper Targets Bayda Mine Aarja Mine Lasail Mine Lasail%West%Mine

  15. Slide 15: Block 4 Local Infrastructure

    Block 4 15 Local Infrastructure

  16. Slide 16: Block 4 & 5 Copper Exploration Prospects

    Block 4 & 5 16 Copper Exploration Prospects 5 diamond hole programme to test a series of high calibre ground Electromagnetic (EM) anomalies completed at the Sarami West (Block 5) and Ghayth (Block 4) prospects May 2015: • Drilling at the Ghayth, Block 4, confirmed the presence of VMS mineralisation

  17. Slide 17: Targets – Block 4

    Targets — Block 4 2. pr ja Cod 2.6Mt @ 1.4% Cu §]000's Bone te jem Block 4 Tenement Copper Prospects © Histroic Mine @ Prospect 17

  18. Slide 18: Targets – Block 5

    Targets — Block 5 470,000 n 480,000 L 490,000 n 500,000 n = 25 2,870,000 2,880,000 2,850,000 2,640,000 Legend @ Prospect | Tenements Current Resources 2,630,000 He 0153 9 12 = = =» Dogal West aE OMAN PROJECT BLOCK 5 SoS Ghuzayn ae 450,000 480,000 470,000 480,000 490,000 500,000 18

  19. Slide 19: Block 4 – VTEM Survey Completed

    Block 4 – VTEM Survey Completed 19 • A 3,667 line km VTEM and airborne magnetic survey was completed over the majority of Block 4 in April 2015 – awaiting analysis of results • Block 4 includes over 35km in strike of prospective ophiolite with multiple prospective copper-gold contacts identified • S

  20. Slide 20: VTEM Survey – Block 4

    VTEM Survey — Block 4 <<a ee 2i7° WA LSE R 20

  21. Slide 21: Additional Gold Potential

    Additional Gold Potential 21 Savannah has identified areas of high grade gold mineralisation with associated copper and zinc at Block 4 to complement its copper activity • Gold traditionally has not been associated with Cyprus style VMS mineralisation • Growing amounts of evidence suggest that gold

  22. Slide 22: Block 4 Copper & Gold exploration

    Block 4 Copper & Gold exploration 22 Block 4 includes over 35km in strike of prospective ophiolite with multiple prospective copper-gold contacts identified • Rock chipping, trenching and geological mapping programme ongoing • High levels of gold mineralisation associated with zinc and copper identi

  23. Slide 23: Block 4 - Multiple Gold Prospects

    Block 4 - Multiple Gold Prospects 23 Block#4# 5km% Gold%Prospect%

  24. Slide 24: Heavy mineral sands in Mozambique Jangamo Project

    Heavy mineral sands in Mozambique Jangamo Project • A maiden JORC compliant Inferred Mineral Resource of 65Mt at 4.2% THM defined December 2014 over a number of zones within the eastern part of the Jangamo exploration licence • Resource remains open along strike and deposit is part of the large Muta

  25. Slide 25: Jangamo Resource

    Jangamo Resource 25 • Initial resource drilling focussed on two areas within the eastern arm • Targeted potential extensions of the Mutamba mineralisation into the Jangamo tenement, with a primary focus of defining mineralisation at the upper end of the grade range for the Mutamba deposit of over 4%

  26. Slide 26: Mozambique – a prospective location

    Mozambique – a prospective location 26 Host to multiple, world class heavy mineral deposits - 4th largest producer of titanium dioxide and 5th largest producer of zircon Established infrastructure – excellent ports, motivated & available workforce, and relatively inexpensive energy (hydroelectricity

  27. Slide 27: Investment case

    Investment case 27 AcPve%growth%strategy%in%place%to%build%a%mulP>commodity,% geographically%diverse%exploraPon%and%development%company% Completed%significant%value%accrePve% milestones%on%Pme%and%on%budget%–%further% strong%news%flow%scheduled%over%coming%year% Maiden%resource%established%at% Focusse

  28. Slide 28: Contact

    Contact 28 CEO David Archer Savannah Resources Plc 18 Pall Mall London, SW1Y 5LU United Kingdom T: +44 20 7389 5019 E: [email protected]

  29. Slide 29: Appendix

    29 Appendix

  30. Slide 30: Oman – Block ownership

    Oman – Block ownership 30 Block 4 Block 5 Block 6 • Acquired November 2014 • Acquired April 2014 • Acquired April 2014 • Earn-in agreement to • 65% interest in Al Fairuz • Beneficial interest of 40% in acquire up to a 65% interest Mining LLC which fully owns Al Zuhra Mining LLC which Al Thuraya LLC

  31. Slide 31: Oman – Block 5 resource

    Oman – Block 5 resource 31 Oxide Resources at Mahab 4 (0.3g/t Au cut-off) in Block 5 Tonnage Density (t/ Cu Au Ag Pb Zn (kt) m 3) (%) (g/t) (g/t) (%) (%) Mahab 4 Indicated 9 2.4 0.2 1.4 19.7 0.01 0.04 Mahab 4 Inferred 19 2.4 0.1 0.8 7.7 0.03 0.04 Sulphide Resources at Mahab 4 and Maqail South (0.3%

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