Intro Slide Text Header
ASX / MEDIA RELEASE
30 September 2015
RIU RESOURCES CONFERENCE MELBOURNE
St George Mining Limited (ASX: SGQ) ('St George' or 'the Company') will be presenting at the RIU Resources Conference being held in Melbourne today and tomorrow.
A new Investor Presentation has been released for the Conference which features some of the high quality nickel sulphide targets to be tested in St George's upcoming 7,000m drilling campaign that starts next week.
A copy of the Presentation is attached.
For further information, please contact:
John Prineas
Executive Chairman
St George Mining Limited (+61) 411 421 253
[email protected]
Colin Hay
Professional Public Relations
(+61) 08 9388 0944 mob 0404 683 355
[email protected]
1
'Nickel Sulphide Drilling
Campaign: 7,000m Programme
Starts Next Week'
30 September 2015
RIU Resources Melbourne
Why Invest in St George Mining ?
Underexplored Projects
-
Three projects with very strong technical merit
-
Potential to host several nickel sulphide deposits
Near Term Value Drivers
-
Drilling of multiple targets in October 2015
-
Quality targets de-risked by systematic exploration
High Leverage to Drilling Success
-
Tight capital structure maximises shareholder wealth
2
Corporate Overview
3
Corporate Snapshot
Board - Skills to deliver exploration success and company growth
|
John PRINEAS, Chairman - Founding shareholder and chairman of St George Mining. Over 25 years experience in the banking and legal sectors, including the head of a financial institution in Australia, with a focus on financing and corporate advice to mining companies.
|
Tim HRONSKY, Technical Director - 25 years as a geologist in the exploration and mining industry, including 15 years with Placer Dome Inc., where he was Exploration Manager for Asia.
|
Sarah SHIPWAY, Non-Executive Director and Company Secretary - Chartered Accountant with extensive experience in providing advice to listed exploration companies. Also a director of Beacon Minerals (ASX: BCN).
|
|
Business Model - Exploration Focus
|
|
|
|
4
Highly Qualified Technical Team
Successful Track Record in Nickel Sulphide Discovery
|
Newexco - Leading geophysical consultants in nickel sulphide exploration. Advisers on Nova- Bollinger deposit for Sirius Resources NL (ASX: SIR) and the Spotted Quoll and Flying Fox deposits for Western Areas Limited (ASX: WSA).
|
Matthew McCARTHY - Exploration Manager formerly with BHP Billiton Nickel West, where he was part of the team that made the recent discovery of the significant Venus nickel sulphide deposit (250,000+ contained Ni) at Leinster. Also managed the previous farm-in between St George and BHP Billiton Nickel West, which discovered nickel sulphides at East Laverton in 2012.
|
Dr Jon HRONSKY - Consultant geologist, globally recognised as a nickel expert with industry leading credentials in the area of exploration targeting for nickel sulphide deposits. A principal at geological firm Western Mining Services. Previously, Manager-Strategy & Generative Services for BHP Billiton Mineral Exploration and before that the Global Geoscience Leader for WMC Resources. Dr Hronsky is currently Chairman of the Centre for Exploration Targeting in WA.
|
Dr Martin GOLE - External nickel consultant, widely recognised as a pre-eminent and leading expert in nickel sulphide deposits. The author and co‐author of numerous papers on Archaean nickel sulphide deposits, including the world‐class Perseverance and Mt Keith nickel deposits in the Leinster nickel field.
|
5
Capital Structure
Share Capital
|
Listed Shares (ASX: SGQ)
|
137,395,226
|
Listed Options (ASX: SGQOA)
|
20,857,178
|
Market cap (@7c)
|
$9.6m
|
Top 20
|
43%
|
Top 3
|
22%
|
Management
|
8%
|
|
Listed Options (SGQO): Exercise price of 20 cents, expiring on 30 June 2017.
|
Unlisted Options: 1,000,000 options with 40 cents exercise expiring 28 November 2015; 3,029,525 options
with 30 cents exercise expiring 30 June 2016.
|
Performance Shares: 100 Performance Shares expiring 16 November 2015.
|
6
Nickel Sulphide Projects in WA
7
St George has 100% ownership of three nickel sulphide projects
|
|
|
8
9
East Laverton Property:
An Emerging Nickel Camp
10
Dominant landholding of +2,000sq km with 3 major ultramafic belts
|
Large pipeline of nickel sulphide prospects
|
11