A n n u a l G e n e r a l M e e t i n g 30 November 2016 1 D i s - PowerPoint PPT Presentation

A n n u a l G e n e r a l M e e t i n g 30 November 2016 1

D i s c l ai m e r All information contained in this presentation is of a general nature. Potential investors are cautioned against using the content of this presentation, in isolation, for making investment decisions. Best efforts have been made to ensure the accuracy of information contained (at the time of preparation). Where forward targets and/or assumptions have been included – all such instances are indicative only and subject to alteration and/or cancellation as and when the management of Santana Minerals Limited (‘Santana’) determines. Research and advice of a qualified financial advisor or accountant are strongly recommended to anyone considering investing in listed company securities, including those of Santana. Previous Disclosure - JORC Code Information relating to Mineral Resources, Exploration Targets and Exploration Data associated with the Company’s projects in this presentation is extracted from the following ASX Announcements: • ASX announcement titled “Wide Multi Ounce Silver Mineralisation Returned From Diamond Saw Intercepts Southern Sector Cuitaboca Project, Mexico” dated 11 January 2016; • ASX announcement titled “Additional Wide Multi Ounce Silver Mineralisation Returned From Diamond Saw Intercepts Central Secto r Cuitaboca Project, Mexico” dated 14 January 2016; • ASX announcement titled “Silver Mineralisation at Cuitaboca – Mojardina Strike Doubled” dated 1 March 2016. • ASX announcement titled “New Gold Zone and Drilling Update - Cuitaboca Project Mexico” dated 7 June 2016 • ASX announcement titled “Broad Zones of High Grade Silver from RC Drilling – Cuitaboca ” dated 23 June 2016 • ASX announcement titled “Broad Silver Zones Build Bulk Tonnage Potential – Cuitaboca ” dated 6 July 2016 • ASX announcement titled “Drilling Commences at Cuitaboca , Mexico” dated 18 October 2016 • ASX announcement titled “Initial RC Drill Results, Mojardina Loop Prospect Cuitaboca ” dated 18 November 2016 • ASX announcement titled “High Grade Silver Intercept Drill Result – Mojardina Prospect – Cuitaboca Mexico” dated 23 November 2016 • ASX announcement titled “New High Grade Shoot Discovery – Mojardina Prospect” dated 28 November 2016 A copy of each of these announcements is available to view on the Santana Minerals Limited website www.santanaminerals.com. The reports were issued in accordance with the 2012 Edition of the JORC Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the o riginal market announcements. Forward- looking statements in this presentation include, but are not limited to, statements with respect to Santana’s future pla ns, strategy, activities, events or developments the Company believes, expects or anticipates will or may occur. By their very nature, forward-looking statements require Santana to make assumptions that may not materialize or that may not be accurate. Although Santana believes that the expectations reflected in the forward-looking statements in this presentation are reasonable, no assurance can be given that these expectations will prove to have been correct, as actual results and future events could differ materially from those anticipated in the forward looking statements. Accordingly, viewers are cautioned not to place undue reliance on forward-looking statements. Santana does not undertake to update publicly or to revise any of the included forward-looking statements, except as may be required under applicable securities laws. 2

S i e r ra M a d re O c c i d e nta l M i n i n g A c ti v i ty 3

Cuitaboca Project - Location Location: Sinaloa State, Mexico 100km N-E of Los Mochis, Sinaloa  5,500ha project area (Central, Southern & Northern Sectors)  Elevation: S (RL 750m) to N (RL1,200m)  Deal Structure/Ownership Earning to initial 80% through option payments + exploration  spend Option payments (US$3.5M – circa $3M outstanding) to  Concession Holder (Mexican Family) – ‘ usual ’ Mexican deal structure Post option payments 20% third party contributions or dilution  2.5% NSR to Concession Holder  Santana has project management and control  4

Cuitaboca Project - Regional Setting Exploration Progress Multiple ‘repeats’ systems  2015-2016 broad zones of  mineralisation identified at vein junctions - Southern and Central Sectors 1H 2016 phase 1 RC drilling  confirmed bulk tonnage potential at Mojardina 2H 2016 phase 2 RC drilling:  o Enhances Mojardina Loop o Jesus Maria breccia 5

Mojardina Loop – identify, geologic concep, discovery by drill 2H 2015 – 2H 2016 Concept Results near surface bulk tonnage 61m @ 61 g/t Ag (MJTR001+020) Diamond saw surface  silver at vein flexures 37m @ 51 g/t Ag (MJTR020) trench 8m @ 119 g/t Ag (MJTR020) Broad zones of silver rich  12m @ 71 g/t Ag (MJTR024) concept demonstrated mineralisation 12m @ 102 g/t Ag (MJTR025) demonstrate concept at RC Drilling Phase 1 (1,850m in 14 holes) Drilled (RC) Phase 1  depth – successful 83m @ 97 g/t Ag from 0m (RC16CT-03) 67m @ 66 g/t Ag from 31m (RC16CT-04) 51m @ 42 g/t Ag + 0.23% Zn from 21m (RC16CT-05) 3m @ 119g/t Ag + 2.5% Zn, 0.87% Pb from 52m (RC16CT-10) 9m @ 53g/t Ag from 2m (RC16CT-14) Build towards a resource - Drilled (RC) Phase 2 –  RC Drilling Phase 2 (1,835m in 10 holes) underway mineralisation continuity 35m @ 221 g/t Ag from 0m + geometric simplicity + incl 14m@ 453 g/t Ag + 2% Zn from 21m (RC16CT-21) remains open at depth 52m @ 127 g/t Ag from 0m and along strike incl 23m@ 253 g/t Ag from 27m (RC16CT-23) 6m @ 194 g/t Ag from 75m (RC16CT-24) 11m @ 55 g/t Ag from 0m (RC16CT-19) 45m @ 45 g/t Ag from 65m incl 8m@ 116 Ag from 100m (RC16CT-19) + others not summarised here 6

Mojardina Loop – Drill location Plan (Phase 1 + 2) Mojardina Loop  Drill holes 1-14 Phase 1 RC Drilling  Drill holes 16-24 + 26 Phase 2 RC Drilling  Thick continuous intercepts  Simple geometry: series of circa 20m thick  panels dipping 45deg NW 7

Mojardina Loop - Drill Sections Note: continuity of mineralised envelope 8

Mojardina Loop – Long Section 9

Jesus Maria breccia – ‘repeat of Mojardina ’ 2 nd Half 2016 RC Drill results pending – first drill testing of Jesus Maria breccia 10

C u i ta b o c a Pro j e c t – N o r th e r n S e c to r - 2 0 1 5 Highlights Located higher elevations in geological sequence  Less accessible at present (pending track cutting)  Gold appears: 3.39 g/t and 2.93 g/t (surface samples)  Petrography confirms hypogene hematite hosted  Mapping and sampling 2H 2016 with view to trenching  and later drill planning Lupita Structure 15km along structural trend from San Jose de Gracia Mine 11

S M I C ap i tal S tr u c tu re & M an age m e nt (30 Nov 2016 – incl *Shareholder approvals of AGM ) Issued Capital Issued Shares 262M* Options (unlisted) @$0.03 13.47M (expire 30 09 17) @$0.06 2M (expire 31 March 2017)* - broker @$0.275 3.9M (expire April 2018) – management @$0.08 1.5M (expire May 2019) - management Market Cap $13M Cash $1.4M (post drill program) Directors / Management Norm Seckold Chairman Tony McDonald Managing Director Dick Keevers Director Jason Beckton Chief Geologist Craig McPherson CFO / Corporate Secretary 12