Sakumpu Exploration: Delivering Fennoscandia s Next Generation of Exploration Discoveries Jim Coppard CGeol EurGeol Director - Sakumpu Exploration Oy Treasure hunters in Finland Source: Anglo American, A Decade of Discovery, SEG Keystone 2014
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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. 3
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 5 th Fennoscandian Exploration and Mining, and the 5 th Nordic Exploration Awards. 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. 4
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 5
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 1 st principles grassroots exploration IP geophysical survey in Sweden The team that consistently delivers: ASX ticker code S2R