Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Shareholder Meeting (October 2020)
19 slides from Sunstone Metals's shareholder meeting presentation, Oct 23, 2020
Slide 1: 2020 AGM Presentation
For personal use only 2020 AGM Presentation ASX STM 23 October 2020
Slide 2: Disclaimer
Disclaimer For personal use only DISCLAIMER FORWARD-LOOKING STATEMENTS To the maximum extent permitted by law, no representation, warranty or This Presentation includes certain statements that may be deemed “forward- undertaking, express or implied, is made and, to the maximum extent permitted looki
Slide 3: Investment Highlights
Investment Highlights For personal use only • Sunstone owns 87.5% of the Bramaderos Gold-Copper-Silver Project in Ecuador o The Bramaderos Project has delivered ore grade intercepts of gold and copper in porphyry systems, and has multiple targets still to be fully tested o 6 highly ranked porphyry g
Slide 4: We are optimistic because …
We are optimistic because … For personal use only • Sunstone has a vision to build a gold-copper discovery business in Ecuador and is monitoring other opportunities. The leverage from Sunstone’s equity investment in Copperstone can help deliver the vision • Opportunity for investors to participate i
Slide 5: Corporate
Corporate For personal use only A$37.5M A$2.6M A$20.1M 2,210M ~39% 3.7% MARKET CASH EQUITY INVESTMENTS SHARES ON ISSUE TOP 20 SHAREHOLDERS BOARD & CAPITALISATION As at Sep 2020 - unaudited In Nasdaq Stockholm listed As at Sep 2020 Hold almost half of all MANAGEMENT Tightly held Copperstone Resources
Slide 6: Ecuador: Exploration and development is active
Ecuador Exploration and development is active For personal use only Ecuador is managing through the coronavirus pandemic. The government is taking a practical approach and opening some industries in an effort to support the economy, while managing the health issues as best they can The mining and ex
Slide 7: Ecuador: Exploration and development strongly supported by Government
Ecuador Exploration and development is active and strongly supported by Government For personal use only Fruta del Norte Lundin Gold (TSX:LUG) High grade underground gold mine; 25.4Mt at 8.21g/t gold In production; building to 325,000 ounces gold per year; AISC US$621/ounce Ecuador’s first modern un
Slide 8: Community, Safety and Environment
Sunstone Metals Community, Safety and Environment For personal use only Sunstone has active environmental monitoring programs and is involved in various community programs at Bramaderos. Community engagement at El Palmar has commenced At Bramaderos we have been working with the local communities to
Slide 9: Bramaderos Project: Within regional mineralised belt
Bramaderos Project Within regional mineralised belt For personal use only Bramaderos Project – 4,948ha exploration concession in the ‘Advanced Stage’ category Strategically located along strike from the 2- million-ounce Dynasty Goldfield (epithermal gold) owned by ASX listed Titan Minerals (TTM), an
Slide 10: Espiritu Target
Espiritu Target Currently being drilled - significant opportunity for high grade gold-silver-lead-zinc For personal use only • Trenching has returned 4m at 415 g/t silver, 0.9g/t gold, 12.9% zinc+lead, within a broader zone of 21m at 82g/t silver, 0.3g/t gold and 2.5% zinc+lead • Rock chip sampling
Slide 11: Espiritu Target: Drilling in Progress
Espiritu Target Drilling in Progress For personal use only • Drilling in progress; • ESDD001 -004 have been completed • ESDD001-002 assays are expected within the next 2 weeks • Drilling is continuing with hole ESDD005 in progress • If results are positive then a significant follow-up program will f
Slide 12: Bramaderos Project: Cluster of mineralised porphyry gold-copper systems
Bramaderos Project Cluster of 6 mineralised porphyry gold-copper systems For personal use only Still early days Only 2 gold-copper porphyry systems partially tested with drilling by Sunstone; Brama and Limon – both mineralised Some historical drilling undertaken at Porotillo and Melonal which inters
Slide 13: Bramaderos Project: What are we looking for – What is the prize
Bramaderos Project What are we looking for – What is the prize For personal use only At Bramaderos • Multiple gold-copper porphyry deposits within a 5km long belt • Complemented by higher grade epithermal gold- silver deposits • From surface (e.g. Brama) to deeper (e.g. Limon) • Large vertical exten
Slide 14: Brama Porphyry effective drill holes - all mineralised
Brama Porphyry 6 effective drill holes - all mineralised For personal use only • Longitudinal trench BM14 – 615.14m at 0.52g/t Au and 0.11% Cu, includes • 122.6m at 0.55g/t gold, 0.17% copper, and • 97m at 0.61g/t gold, 0.16% copper, and • 179.7m at 0.6g/t gold, 0.09% copper • Cluster of higher grad
Slide 15: Brama Porphyry
Brama Porphyry Brama – Curi-03, BMDD001 and BMDD002 drilling For personal use only 200m diameter outcropping ‘pencil porphyry’ system on this section We have at least 4 of these within the Brama porphyry • In BMDD001 – ✓ 172m at 0.52g/t gold and 0.16% copper downhole, including ✓ 96.6m at 0.61g/t go
Slide 16: Brama Porphyry: Cluster of porphyry systems
Brama Porphyry Brama – Cluster of porphyry systems For personal use only Compelling interpretation built from new detailed ground magnetic data, 3-D modelling, and new drilling results Exploration data is telling us we have a cluster of smaller higher grade gold-copper porphyry systems Exploration s
Slide 17: El Palmar: New project – northern Ecuador
El Palmar New project – northern Ecuador For personal use only Staged Acquisition Agreement to secure 100% of the El Palmar property Low cost entry, risk managed back end payments to vendor (respected Ecuadorian geologist) Prospective for porphyry copper-gold similar to Cascabel Drill Permit in plac
Slide 18: El Palmar: New project – northern Ecuador
El Palmar New project – northern Ecuador For personal use only Orebody at 1000m below surface Surface expression El Palmar Alpala - Cascabel 18
Slide 19: Competent Persons Statement
Competent Persons Statement For personal use only The information in this report that relates to exploration results and exploration targets and results is based upon information reviewed by Dr. Bruce Rohrlach who is a member of the Australasian Institute of Mining and Metallurgy. Dr. Rohrlach is a