Sun Summit Minerals Corp. · TSXV:SMN
Sun Summit Minerals — Investor Presentation (September 2024)
21 slides from Sun Summit Minerals's investor presentation, Sep 19, 2024
Slide 1: Focused on Expansion and Discovery of District-Scale Gold and Copper Assets in British Columbia
Focused on Expansion and Discovery of District-Scale Gold and Copper Assets in British Columbia SEPTEMBER 2024| SUNSUMMITMINERALS.COM | TSX-V: SMN | OTCQB: SMREF
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Forward-Looking Information Statements contained in this presentation that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied
Slide 3: Sun Summit – Investment Highlights
Sun Summit – Investment Highlights FOCUSED ON EXPANSION AND DISCOVERY IN BRITISH COLUMBIA DIVERSE PROJECT PORTFOLIO IN TIER 1 JURISDICTION Low-risk, existing development, attractive to majors PROVEN DISCOVERY TEAM BC jurisdictional advantage, boots-on-ground experience POTENTIAL FOR WEALTH
Slide 4: Share Structure
Share Structure Outstanding Shares 68,501,798 52 week high/low $0.33/$0.08 Warrants 24,692,952 Market Capitalization ~$13 Million CAD Options 5,206,667 ~8.7M warrants expiring May 10, 2025 ($0.495) ~218k warrants expiring April 25,2026 ($0.10) Fully Diluted 98,401,417 ~12.4M warrants expiring April
Slide 5: JD Project – Prolific Jurisdiction
JD Project – Prolific Jurisdiction Significant deposits / proven mineralization Mining friendly / low-risk jurisdiction Access to hydroelectric power, water Experienced work force “Golden Horseshoe”, similar geological environment to Golden Triangle Proven Geological Potential to Attract M
Slide 6: JD Project – Toodoggone
JD Project – Toodoggone 15,000 hectares BC’S NEXT PREMIERE MINING JURISDICTION Under-explored, significant discovery potential Emerging district, increased activity, M&A Adjacent to high-grade epithermal gold systems: Lawyers, Ranch, Bingo (Thesis Gold) Shasta, Baker, Mets (TDG Gold) Cap
Slide 7: JD Project – Untapped Potential
JD Project – Untapped Potential Bingo (Thesis) 8.46 g/t Au, 37.0 g/t Ag, DISTRICT 1.72% Cu over 20 m9 Porphyry Pearl Oxide Peak Renewal of historic mining camp (Kemess) Ranch Emerging district, infrastructure development FINN Ongoing activity and development: Thesis Gold Lawyers-Ranch (4.7 Moz
Slide 8: JD Project Multiple Priority Targets
JD PROJECT Multiple Priority Targets Significant land package (15,000 ha) Historical data compilation has defined multiple high priority targets Data review and compilation critical to OXIDE ongoing target selection and prioritization FERICRETE FINN CREEK EAST McCLAIR McCLAIR FINN ZONE BELLE M
Slide 9: JD Project – Finn Zone
FINN ZONE ~270 historical drillholes JD Project – Finn Zone Hangingwall 35.7 m @ 7.3 g/t Au incl. 1.0 m @ 215.4 g/t Au (JD95-0472) Broad zone of near-surface, epithermal-related 22 m @ 12.5 g/t Au incl. 0.8 m of 171.5 g/t Au (JD95-0642) gold-silver mineralization 27.8 m @ 6.6 g/t Au incl. 11.0 m @
Slide 10: JD Project – Creek Zone
JD Project – Creek Zone CREEK ZONE 2024 drill results 61.5 m @ 1.07 g/t Au incl. 43.49 m @ 1.40 g/t Au Multiple zones of high-grade, vein-hosted gold + and 0.50 m @ 24.3 g/t Au (CZ-24-001) 29.1 m @ 1.64 g/t Au incl. 9.52 m @ 3.89 g/t Au base metal mineralization within broad zones of and 0.87 m @
Slide 11: JD Project Finn to Creek Corridor
Rock samples 5/6 JD PROJECT Schmitt Zone: MVT Zone: Finn to Creek Corridor 326 g/t Au 1,535 g/t Ag (sample 18736) 64.5 g/t Au 6,151 g/t Ag (sample 18737) 14.7 g/t Au 809 g/t Ag (sample 18458) 11.4 g/t Au 35.2 g/t Ag (sample 1713456) Wolf Zone: JD West: SIGNIFICANT SIZE AND SCALE POTENTIAL 79.2 g/t A
Slide 12: JD Project Porphyry Targets
JD PROJECT Porphyry Pearl Porphyry Targets Porphyry Copper-Gold Potential Numerous poorly tested porphyry-related Brenda copper targets that warrant significant exploration Pine Strong porphyry-related alteration Potential “porphyry roots” to shallow Kemess epithermal systems North Flat-lyin
Slide 13: Buck Project District Scale Potential
BUCK PROJECT District Scale Potential Large 52,000 ha / 520 km2 property Equity (Newmont) 34 Mt @ 65 g/t Ag (Mined)15 Near Houston, B.C., 100% controlled Houston 20 min drive Smithers 1 hr drive Emerging mineralized belt new acquisition Mining friendly jurisdiction, close proximity to former and dev
Slide 14: Buck Main Drilling and Initial MRE
BUCK MAIN Drilling and Initial MRE BUCK MAIN Initial Mineral Resource Estimate (MRE); expected completion shortly Over 34,000 m drilled in 98 drill holes Open in all directions and at depth: Results indicate significant mineralization extends laterally beyond limits of previous drilling and de
Slide 15: Buck Project CR and Mount Morice
BUCK PROJECT CR and Mount Morice BUCK MAIN Multiple under-explored targets within recently expanded 52,000 ha tenure package Significant discovery potential across the project: Multi-element soil anomalies with coincident geophysical anomalies Acquisition of the CR property from Teck, a drill-
Slide 16: Sun Summit Minerals Directors & Management
Sun Summit Minerals Directors & Management Brian Lock | Executive Chairman Andrew Carstensen, P.Geo. | Director Over 40 years of experience in the mining industry. Prior positions include Director, Executive VP, President and CEO of several public mining companies including Castle Peak Mining and Sc
Slide 17: Catalysts For Growth
Sun Summit Minerals Value Proposition Catalysts For Growth DIVERSIFIED PROJECT PORTFOLIO WITH BLUE SKY POTENTIAL Multiple targets, ongoing target delineation JD PROJECT ASSAYS PENDING FROM RECENT DRILL PROGRAM; Assay results expected throughout the fall ATTRACTIVE JURISDICTION, EMERGING REGION Incre
Slide 18: Sunsummitminerals.com
SUNSUMMITMINERALS.COM TSX-V: SMN | OTCQB: SMREF Sharyn Alexander, M.Sc. Corporate Office President Suite 800 – 889 West Pender Street salexander@sunsummitminerals.com Vancouver, BC V6C 3B2 Canada
Slide 19: References
References 1. Krause, R.G. (1995), 1994 Geological and Geochemical Report on the JD Gold Silver Property, Toodoggone River Area, Omineca Mining Division, British Columbia, Assessment Report Indexing System, Report 23663, https://apps.nrs.gov.bc.ca/pub/aris. Drillholes JD94-01 to 32 2. Krause, R.G. (
Slide 20: JD Property Acquisition Terms to Earn 100%
JD Property Acquisition Terms to Earn 100% Upon signing formal agreement and Exchange approval: As part of the option agreement, Sun Summit $175,000 cash | 2,000,000 shares completed a 3:1 share consolidation (Feb 8, 2024) First Anniversary Dec 2024: $200,000 cash | 1,000,000 shares | $2,500,000
Slide 21: Buck Property Acquisition Terms to Earn 100%
Buck Property Acquisition Terms to Earn 100% On track to acquire 100% ownership Upon signing at Exchange approval (October 2019): Currently in 5th year of option agreement $25,000 cash | 250,000 shares First Anniversary October 2020: • Sun Summit has paid $150,000 cash and 2,900,000 $25,000 cash
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