Nevada Sunrise Metals Corporation · TSXV:NEV
Nevada Sunrise Metals — Investor Presentation (August 2024)
38 slides from Nevada Sunrise Metals's investor presentation, August 2024
Slide 1: Corporate Presentation / August 2024
CORPORATE PRESENTATION / AUGUST 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements All statements in this document regarding Nevada Sunrise Metals Corp.’s lithium, gold and copper exploration projects, and its Nevada water right, other than statements of historical fact, are "forward‐looking information“, or “forward-looking statements” with respect to N
Slide 3: Our Mission Statement
Our Mission Statement North America Focused ESG Clean Tech Market Growth (Environmental, Social & Governance) Nevada Sunrise is focused Embracing new clean Targeting exploration for We are committed to a on exploration in Nevada, technology for Lithium energy metals with the responsible corporate mo
Slide 4: Capital Structure & Peer Group Comparison
Capital Structure & Peer Group Comparison Nevada Lithium Explorers & Developers Comparison by Market Cap ($CAD) (as of Aug. 15, 2024) TSXV: NEV Share Structure Common Shares: 110,256,876 $60,000,000 Options: 9,900,000 Warrants: 17,279,600 $40,000,000 Total Fully-diluted: 137,436,476 52-week price ra
Slide 5: Board of Directors & Management
Board of Directors & Management Board of Directors Michael Warren Stanyer Suraj Ahuja, M.Sc., Cory Kent, Charles Roy, Sweatman, CPA Director (2008) P. Geo. B.A., LLB B.Sc. Chairman (2012) Director (2012) Director (2012) Director (2014) Management Warren Stanyer, President & CEO (2013) Jonathan Fung,
Slide 6: Financing Completed, October 2023
Financing Completed, October 2023 On October 26, 2023, Nevada Sunrise closed the second and final tranche of a non-brokered private placement (the “Offering”) for total gross proceeds of CAD$773,800 consisting of 9,672,500 units (the “Units”) at a price of CAD$0.08 per Unit, each Unit consisting of
Slide 7: Lithium Supply and Demand: Forecast
Lithium Supply and Demand: Forecast The electric vehicle market is predicted mt-LCE to significantly rise over the next 20 years and beyond, causing a substantial shortfall in the projected lithium supply needed. TSXV: NEV OTC: NVSGF 7
Slide 8: Lithium Supply and Demand
Lithium Supply and Demand Lithium battery and vehicle plants operating or in development across North America TSXV: NEV OTC: NVSGF 8
Slide 9: Lithium Supply and Demand
Lithium Supply and Demand Lithium battery and vehicle plants operating or in development across Europe TSXV: NEV OTC: NVSGF 9
Slide 10: Lithium Supply and Demand
Lithium Supply and Demand New Solid State battery technology uses • Solid State batteries are safer – less prone to failure and combustion; more Lithium... • 2-10 times capacity of Li-ion batteries; • Charges in 10-15 minutes, with up to 500 mile (800km) range; • All major auto makers are developing
Slide 11: Our Exploration Philosophy
Our Exploration Philosophy Identify Prospective Geology Confirm Presence of Target Minerals Acquire Geophysical Data Integrate Data for Drill Targets TSXV: NEV OTC: NVSGF 1
Slide 12: Nevada: The Right Place, The Right Time
Nevada: The Right Place, The Right Time Lithium Properties Gemini Lithium Project: 100% interest. Jackson Wash Lithium Project: 100% interest. Badlands Lithium Project: 100% interest. Pelican Lithium Project: 100% interest. Other Energy Metals Coronado VMS Project: NEV has an option to earn a 100% i
Slide 13: Lithium Properties in Nevada
Lithium Properties in Nevada Nevada is currently the only source for Lithium production in the U.S. from the Silver Peak Mine in the Clayton Valley, operated by Albemarle Corp., the world's largest Lithium producer (NYSE: ALB). Nevada is a “bullseye” for Lithium in North America with significant pot
Slide 14: Gemini Lithium Project
Gemini Lithium Project A New Lithium Discovery The Gemini Lithium Project (“Gemini”) consists of approximately 363 unpatented claims for a total area of approx. 7,100 acres (2,873 hectares) located 6 miles (10 kilometres) east of the town of Lida, Nevada. Nevada Sunrise first acquired Gemini by clai
Slide 15: Gemini Project: Exploration
Gemini Project: Exploration 2016 Geophysical Survey Detected TDEM Survey Results Showing Conductive Conductive Zones Zones and Discovery Holes at Gemini drilled In 2016, Nevada Sunrise carried out TDEM surveys in March & April 2022 at Gemini. The surveys detected conductive zones within the sub-basi
Slide 16: Gemini Project: 2022 Phase 1 Drilling
Gemini Project: 2022 Phase 1 Drilling The results from the first two boreholes represent a new discovery of lithium-bearing sediments in the western Lida Valley, which has not been historically drill tested for Lithium mineralization. Lithium-in-sediment values were significant: • GEM22-01 averaged
Slide 17: Boreholes GEM22-01 and GEM22-02 with Lithium Values over TDEM Geophysics
Boreholes GEM22-01 and GEM22-02 with Lithium Values over TDEM Geophysics TSXV: NEV OTC: NVSGF 17
Slide 18: Conductive Zones and Drill Holes at Gemini
Latest Geophysical TDEM Model Showing Conductive Zones and Drill Holes at Gemini TSXV: NEV OTC: NVSGF 18
Slide 19: Gemini Project: 2023 Phase 2 Drilling
Gemini Project: 2023 Phase 2 Drilling Drilling operations at the site of GEM22-01 and GEM23-04 TSXV: NEV OTC: NVSGF 19
Slide 20: Gemini Project: 2022-2023 Drill Results
Gemini Project: 2022-2023 Drill Results Gemini Lithium Project, Phase 1 & Phase 2 Drilling Results: Lithium-in-Sediments Depth Interval Thickness Hole Lithium Number From To From To Weighted (feet) (feet) (metres) (metres) Feet Metres Average (ppm) GEM22-01 320 900 97.56 274.39 580 176.83 1,203.41 i
Slide 21: 3-D View of Gemini Lithium Mineralization
3-D View of Gemini Lithium Mineralization Phase 1 & 2 Drill Holes TSXV: NEV OTC: NVSGF 21
Slide 22: Phase 1 & 2 Drilling Plan: 2022-2023
Phase 1 & 2 Drilling Plan: 2022-2023 Nevada Sunrise believes that the southern and western parts of the Gemini basin are highly prospective for additional Lithium mineralization and that further drilling could eventually define a large Lithium resource. The Company engaged ABH Engineering Inc. of Su
Slide 23: Metallurgical Testing - 90.2% Li Recovery
Metallurgical Testing - 90.2% Li Recovery Lithium recovery from Gemini clays Under the supervision of Willem Duyvesteyn, M.Sc., NEV achieved a 90.2% Lithium extraction rate in column testing. McClelland Laboratories Inc. in Sparks, NV was the site of the metallurgical tests. The 90.2% Lithium extrac
Slide 24: Lithium Carbonate Equivalent produced from Gemini clays
Lithium Carbonate Equivalent (Li2CO3) produced from Gemini clays Nevada Sunrise metallurgical testing produced Li2CO3 from Gemini leach solution TSXV: NEV OTC: NVSGF 24
Slide 25: NI 43-101 Compliant Resource Estimate
NI 43-101 Compliant Resource Estimate Inferred resource estimate of 7.1 million tonnes LCE contained within 1,200 million tonnes of lithium-mineralized clay at an average grade of approximately 1,130 ppm Lithium* (*ABH Engineering Inc., 2024) 1. Lithium cut-off values of 400 ppm Lithium and density
Slide 26: Gemini's Position in World Rankings
Gemini's Position in World Rankings Property Name Location Majority Owner (%) Development Status Geology Total LCE Resources (mt) 1. McDermitt United States Jindalee Resources (100%) Prefeasibility Sediment Hosted 21.5 2. Thacker Pass United States Lithium Americas Corp. (100%) Construction Sediment
Slide 27: Gemini Project: The Potential to Expand Resource
Gemini Project: The Potential to Expand Resource TSXV: NEV OTC: NVSGF 27
Slide 28: Gemini Project: Building Blocks for Success
Gemini Project: Building Blocks for Success Our vision for Gemini Established infrastructure and novel extraction techniques for sustainable development: • An existing network of trails, roads and Nevada State Hwy. 266 provide year-round access to Gemini. • Nevada Sunrise holds an active water permi
Slide 29: Gemini Lithium Project: Projected Timeline
Gemini Lithium Project: Projected Timeline Q1 2024 Q2 2024 Q3 2024 Additional Additional Preliminary Drilling Drilling Economic Expand Expand Resource Resource Assessment Continuing Application Process to BLM for Development Plan of Activities Operations TSXV: NEV OTC: NVSGF 29
Slide 30: Jackson Wash Lithium Project
Jackson Wash Lithium Project The Jackson Wash Lithium Project consists of 49 unpatented claims totaling approximately 980 acres (397 hectares). The Project is located in the Lida Valley on the east side of the Montezuma Range approximately 20 miles (30 km) southeast of Silver Peak, Nevada, where Alb
Slide 31: Jackson Wash Lithium Project
Jackson Wash Lithium Project Claims Map Historical Geophysical Survey TSXV: NEV OTC: NVSGF 31
Slide 32: Badlands Lithium Project
Badlands Lithium Project The Badlands Lithium Project (“Badlands”) is 100%-owned by NEV and consists of 54 unpatented claims on Bureau of Land Management land totaling approximately 1,200 acres (485.6 hectares). Badlands lies roughly halfway between the Company’s Gemini and Jackson Wash Lithium proj
Slide 33: Badlands Lithium Project
Badlands Lithium Project In March 2022, samples were collected by NEV in a reconnaissance prospecting program, from which six outcrop samples were randomly selected for analysis and subsequently returned anomalous values of Lithium ranging from 70.0 ppm to 165.8 ppm Lithium. Drilling will be require
Slide 34: Board of Directors & Management
Board of Directors & Management Warren W. Stanyer | President, CEO and Director: Warren Stanyer is a mineral exploration industry executive with over 27 years of experience in Canadian public company administration. He previously served as an officer of Pioneer Metals Corporation, which was acquired
Slide 35: Board of Directors & Management
Board of Directors & Management Michael D. Sweatman | Director and Chairman: Michael Sweatman is a Chartered Professional Accountant and has operated MDS Management Ltd., a Vancouver-based management consulting company, since November 1992. He obtained his Bachelor of Arts degree in economics and co
Slide 36: Board of Directors & Management
Board of Directors & Management Charles E. Roy | Director: Charles Roy earned a B.Sc. in geology from Acadia University, Nova Scotia in 1972. Early in his career, Mr. Roy was employed by the mining engineering and geological consulting firm of David S. Robertson and Associates and worked in Canada,
Slide 37: Technical Advisors
Technical Advisors Robert (“Chip”) Allender, Jr., CPG – Chip has a 40-year career as a geologist on six continents and 20 countries in exploration and mine development. Authored technical reports for Neptune and Jackson Wash lithium projects in 2016 and supervised lithium brine and Coronado drilling
Slide 38: For further information, contact:
For further information, contact: Warren W. Stanyer, President & CEO warrenstanyer@nevadasunrise.ca PH: (604) 428‐8028 Cell: (604) 218‐5931 or Jason Powell, Corporate Communications jasonpowell@nevadasunrise.ca PH: (604) 428‐8028 Cell: (604) 779-6497 Nevada Sunrise Metals Corporation Suite 408 – 119
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