Sun Summit Minerals Corp. · TSXV:SMN
Sun Summit Minerals — Investor Presentation (November 2024)
24 slides from Sun Summit Minerals's investor presentation, November 2024
Slide 1: Focused on Advancement of District-Scale Gold and Copper Assets in British Columbia
Focused on Advancement of District-Scale Gold and Copper Assets in British Columbia NOVEMBER 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 ADVANCEMENT OF DISTRICT-SCALE ASSETS IN BC 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 70,026,798 52 week high/low $0.34/$0.08 Warrants 24,267,952 Market Capitalization ~$18 Million CAD Options 5,606,667 ~8.7M warrants expiring May 10, 2025 ($0.495) ~218k warrants expiring April 25,2026 ($0.10) Fully Diluted 99,901,417 ~11.9M 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 BC’S NEXT PREMIER MINING JURISDICTION Under-explored, significant discovery potential Emerging district, increased activity Bingo (Thesis) 8.46 g/t Au, 37.0 g/t Ag, Adjacent to epithermal gold systems: 1.72% Cu over 20 m9 JD CAMP Lawyers, Ranch, Bingo (Thesis Gold) PF
Slide 7: 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 OXIDE Data review and compilation critical to ongoing target selection and prioritization FERICRETE FINN CREEK EAST McCLAIR 2024 McCLAIR Drilling JD
Slide 8: JD Project – Finn Zone
JD Project – Finn Zone FINN ZONE Broad zone of near-surface, epithermal-related gold-silver mineralization Structurally controlled mineralization; hosted JD13-24 within low angled fault zone 12.0m @ 1.8 g/t Au JD12-15 26.0m @ 1.3 g/t Au Open along strike and down dip hanging wall FINN OPEN JD9
Slide 9: JD Project – Finn Zone
JD Project – Finn Zone FINN ZONE Extensive mineralized footprint – OPEN AT DEPTH Exploration upside along strike, down dip, in footwall Historical drill core only selectively sampled; significant gaps in data OBLIQUE VIEW 5m of 20.4g/t Au LOOKING WEST silica 38m JD-12-003 9 2m of 32.5g/t Au he
Slide 10: JD Project – Creek Zone
JD Project – Creek Zone CREEK ZONE Multiple zones of high-grade, vein- hosted gold + base metal mineralization within broad zones of bulk-tonnage style gold mineralization 2024 drill program confirmed presence Historic Drill Holes CZ97-008: of continuous disseminated 22.0m @ 11.7 g/t Au inc. 4.0
Slide 11: JD Project – Creek Zone
JD Project – Creek Zone Selective sampling by previous operators failed to recognize the bulk- tonnage disseminated gold potential from surface Limited drilling, open in all directions Priority drill target areas defined; additional drilling required CREEK ZONE SUNSUMMITMINERALS.COM | TSX-V: S
Slide 12: JD Project – Creek Zone
JD Project – Creek Zone B qtz-carb-sph- 53.6 g/t Au with 53.6 g/t Ag cpy cemented and 4.06% Zn over 0.58 m Core photos of CZ-24-005 breccia cpy A. Box photos showing core from 174.4 to 202.4m downhole which includes three high-grade sph 362 g/t Au with 121 g/t Ag, 18.2% Zn and intervals of 362 g/t A
Slide 13: JD Project Finn to Creek Corridor
JD PROJECT JD Surface Mineralization Finn to Creek Corridor SIGNIFICANT SIZE AND SCALE POTENTIAL Finn-Creek Wolf Zone AG Carb Zone Corridor Schmitt Zone 35.4g/t Au 1500g/t Ag 18.5g/t Au 300g/t Ag 0.1g/t Au 292g/t Ag Multiple high-grade gold and silver targets identified along N trend through revie
Slide 14: JD Project Additional Target Areas
JD PROJECT Additional Target Areas 20 km EPITHERMAL GOLD-SILVER AND PORPHYRY COPPER-GOLD POTENTIAL OXIDE AND FERICRETE Porphyry Cu-Au Toodoggone mineral belt known for OXIDE high-grade epithermal Au systems, N FINN TO CREEK Epithermal Au-Ag FERICRETE and large bulk-mineable porphyry EAST MCCLAIR C
Slide 15: JD Project Porphyry Targets
McClair Creek Gossan JD PROJECT Porphyry Porphyry Targets Pearl UNTAPPED PORPHYRY COPPER-GOLD POTENTIAL Prolific Copper-Gold belt (Kemess) OXIDE Strategic exploration for porphyry copper FERICRETE Brenda deposits lacking in Toodoggone region EAST McCLAIR Numerous poorly tested porphyry-related
Slide 16: JD Project – Untapped Potential
JD Project – Untapped Potential DISTRICT Multiple known epithermal & porphyry deposits Ranch Porphyry Pearl Historic district, developed infrastructure GRADE High-grade epithermal Au-Ag JD CAMP Sofia Bulk-tonnage potential from surface Pil Lawyers and Ranch (Thesis) SCALE 4.0 Moz @ 1.51 AuEq
Slide 17: 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% owned Emerging mineralized belt Mining friendly jurisdiction, close proximity to former and developing mines: new acquisition Equity Silver Mine (Newmont) Hu
Slide 18: 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 19: 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 20: Sun Summit Minerals Directors & Management
Sun Summit Minerals Directors & Management Brian Lock | Executive Chairman Terry Salman, C.M. | Strategic Advisor Over 40 years of experience in the mining industry. Prior positions include Director, Executive VP, President Corporate finance professional with over 35 years of and CEO of several publ
Slide 21: Catalysts For Growth
Sun Summit Minerals Value Proposition Catalysts For Growth DIVERSIFIED PROJECT PORTFOLIO WITH BLUE SKY POTENTIAL JD PROJECT Multiple targets, ongoing target delineation PENDING RESULTS FROM RECENT EXPLORATION; Assay results expected throughout the fall ATTRACTIVE JURISDICTION, EMERGING REGION DATA M
Slide 22: Sharyn Alexander, President – Contact
Sharyn Alexander, M.Sc. SUNSUMMITMINERALS.COM President salexander@sunsummitminerals.com TSX-V: SMN | OTCQB: SMREF Corporate Office Suite 800 – 889 West Pender Street Vancouver, BC V6C 3B2 Canada
Slide 23: 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 24: 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
Sun Summit Minerals — Investor Presentation (November 2024) on 6ix