sakumpu exploration: delivering fennoscandia’s next ... · record of discovery includes the...

Sakumpu Exploration: Delivering Fennoscandia’s Next Generation

of Exploration Discoveries

Jim Coppard CGeol EurGeol Director - Sakumpu Exploration Oy

Source: Anglo American, A Decade of Discovery, SEG Keystone 2014

Treasure hunters in Finland

www.s2resources.com.au

This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction. This presentation does not constitute financial product advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. Certain statements contained in this presentation, including information as to the future financial or operating performance of Sakumpu Exploration Oy and its projects, are forward-looking statements. Such forward-looking statements: are necessarily based upon a number of estimates and assumptions that, whilst considered reasonable by Sakumpu Exploration Oy, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies; involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements; and may include, among other things, statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and results, capital expenditures, ore reserves and mineral resources and anticipated grades and recovery rates, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. Sakumpu Exploration Oy disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, “target”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule” and other similar expressions identify forward-looking statements. All forward-looking statements made in this presentation are qualified by the foregoing cautionary statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein. As Sakumpu is a wholly owned subsidiary of S2 Resources Ltd, please refer to S2 Resources Ltd’s presentations (ASX code S2R) for full disclaimer and forward looking statement qualifiers

Disclaimer


PDAC Nordic Mining Day 2016

Overview • Sakumpu Exploration Oy is a 100% owned subsidiary of S2 Resources Ltd, a new

ASX listed resource company with $19.6 million cash & no funding requirements, created from the $1.8 billion takeover of Sirius Resources.

• S2 has one of the most successful exploration teams in the world whose combined track record of discovery includes the Sakatti Cu-Ni-PGE deposit (Finland), the Storliden Zn-Cu mine (Sweden), the Los Sulfatos Cu deposit (Chile), the Nova-Bollinger Ni-Cu mine, the Thunderbox Au mine (Australia) and numerous other mines/deposits.

• Within 12 months Sakumpu has become the largest and second largest ground holder in two underexplored world class mineral districts – the Central Lapland Greenstone Belt of Finland and the Skellefte Belt of Sweden.

• In Sweden first ever VTEM survey undertaken in the world class Skellefte VMS/Au Belt showing 68 priority conductors, with successful ground follow-up underway.

– In addition outcropping Cu-Au-PGE mineralization with a significant IP anomaly beneath it at Brannas prospect.

• In Finland high grade Au trench samples and high grade Au and Ni-Cu drill results identified within licences.

– VTEM flown over three target areas within tenure.

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Industry Award Winning Team That Delivers

• Dr Mark Bennett - founding and sole managing director and CEO of Sirius Resources. He is a two times AMEC “prospector” award winner for discovering the Thunderbox Au, Waterloo Ni, and Nova Bollinger Ni-Cu mines, and has raised over $750 million.

• Anna Neuling - chartered accountant, former executive director - corporate and commercial, and founding company secretary and CFO of Sirius Resources, She has held senior financial positions with LionOre and is a former auditor with Deloitte.

• Graham Brown CGeol EurGeol - founding director of Sakumpu. Thayer Lindsey Award winner, multiple discoverer, ‘Decade of Discovery’ originator – former Group Head of Geosciences at Anglo American plc.

• Jim Coppard CGeol EurGeol - founding director of Sakumpu, multiple discoverer, including Sakatti Cu-Ni, and winner of the 5th Fennoscandian Exploration and Mining, and the 5th Nordic Exploration Awards.

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The Sakumpu team includes Alain Chevalier and Bo Langbacka, supported by highly experienced, local field team. Collectively over 150 years experience of finding, permitting, financing, and building mines in S2R’s key regions. www.s2resources.com.au


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Discovery Culture in Sakumpu Exploration

Discovery Methods • Tried-and-tested but innovative field-based activities • Conceptual thinking and novel technology • Subsurface geochemical sampling (covered terrains)

& fit-for-purpose geophysical methods • Drilling: ‘IQ gets you there, NQ finds it!’ Discoveries Delivered • Small, exploration-focused teams • Highly motivated, highly experienced ore-finding team • Major differentiator; leadership & value creation

Base of till geochemical sampling in Sweden


SWEDEN TENURE



CENTRAL SKELLEFTE BELT TENURE & VTEM



FINLAND TENURE



Sakumpu Exploration – S2R Creating Value and Delivering Growth • Completed 4 VTEM airborne surveys >1680 line km, 3

in Finland. Additional land package in Skellefte Belt will be flown by VTEM this summer.

– 68 EM anomalies identified in Skellefte Belt, with 15 ranked high from initial survey.

• Extensive Base of Till sampling program underway

• Significant IP anomaly beneath outcropping mineralisation (av. 1.6% Cu, 0.5g/t Au, 0.4g/t Pt+Pd) at Brannas.

• Drilling commencing during 2016

• Finland - Encouraging results to date, Ni & Au occurrences identified with untested GTK trench values up to 28g/t Au over 3m.

• Significant back to 1st principles grassroots exploration

IP geophysical survey in Sweden



The team that consistently delivers: ASX ticker code S2R

sakumpu exploration: delivering fennoscandia’s next ... · record of discovery includes the...

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