Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Investor Presentation (June 2019)
20 slides from Sunstone Metals's investor presentation, June 2019
Slide 1: Resource Rising Stars
Resource Rising Stars ASX:STM June 2019
Slide 2: Disclaimer
DISCLAIMER 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 looking statements”. All st
Slide 3: A Compelling Investment Opportunity
A COMPELLING INVESTMENT OPPORTUNITY Gold and Copper | Discovery driven| Equity Investment ECUADOR FINLAND SWEDEN GOLD & GOLD COPPER COPPER COPPERSTONE INVESTMENT BRAMADEROS SOUTHERN SALE OF VISCARIA PROJECT FINLAND PROJECT TO COPPERSTONE S. FINLAND GOLD RESOURCES AB Delivers large upside opportunity
Slide 4: Corporate
CORPORATE Listed on the Australian Stock Exchange ASX:STM A$46.4M A$15- A$2.2M 1,221M ~40% 4.0% 20M MARKET CASH EQUITY INVESTMENTS SHARES ON ISSUE TOP 10 SHAREHOLDERS BOARD & CAPITALISATION As at 31.05.19 - unaudited In Nasdaq listed Copperstone As at 31.05.19 Hold almost half of all MANAGEMENT Tigh
Slide 5: Multi Disciplinary Strong Board
MULTI DISCIPLINARY STRONG BOARD GRAHAM ASCOUGH MALCOLM NORRIS DON HYMA STEPHEN STROUD CHAIRMAN CEO & MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR A senior resources executive Mining industry executive with a Mining industry executive with more Corporate finance executive with over
Slide 6: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT TEAM MALCOLM NORRIS GAVIN LEICHT RAY ROBINSON DR. BRUCE ROHRLACH DAMIEN MIZOW CEO & MANAGING DIRECTOR CFO & COMPANY SECRETARY GENERAL MANAGER GENERAL MANAGER GEOLOGY EXPLORATION MANAGER STUDIES &TECHNICAL SERVICES Geologist who has played a key role Geologist with 12 ye
Slide 7: Ecuador
ECUADOR Strongly promoting exploration and mining but also dealing with impediments • Drilling is underway at Bramaderos following the approval of Sunstone’s EIA and issuance of an Environmental Licence • This is the first drilling permit to be issued in 2 years • Majors and juniors have committed t
Slide 8: Bramaderos – A World-Class Opportunity
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Delivering a gold-copper discovery Ecuador is host to world-class copper-gold deposits, in one of the world’s most highly prospective belts for porphyry and epithermal copper-gold deposits Bramaderos is a JV with TSXV listed Cornerstone Capital Resources (TSXV:
Slide 9: Bramaderos – A strong commitment to community and environment
BRAMADEROS – A WORLD-CLASS OPPORTUNITY A strong commitment to community and environment • Regular local community meetings and information sessions on current and planned work programs • Environmental and water studies are ongoing • Concession wide EIA to allow for exploration drilling was approved
Slide 10: Bramaderos – A reminder of how good this opportunity is
BRAMADEROS – A WORLD-CLASS OPPORTUNITY A reminder of how good this opportunity is …. Photo taken from West Zone Epithermal Gold target looking southeast Bramaderos Main Porotillo Elevation ranges from 800- Gold-Copper Gold-Copper 1100m above sea level Easy access via Pan American highway Simple dril
Slide 11: Multiple gold-copper targets, and we have started drilling
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Multiple gold-copper targets, and we have started drilling Multiple targets developed from multiple datasets Drill targets 1. Limon – 2 holes completed, more to follow 2. Bramaderos Main – started first hole 3. West Zone – drilling planned in phase 1 LMDD002, 8
Slide 12: Limon – a strong and robust target
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon – a strong and robust target based on multiple datasets Second drill hole has intersected a wide interval of mineralised rock in close proximity to a porphyry system (assays pending) Surface trench - 97.6m at 0.71g/t gold and 0.23% copper at surface, incl
Slide 13: Diamond drill holes completed at Limon
BRAMADEROS – A WORLD-CLASS OPPORTUNITY 2 diamond drill holes completed at Limon Hole LMDD002 Sunstone’s General Manager – Geology, Dr. Bruce Rohrlach with core from hole LMDD002 Molybdenite and chalcopyrite smears and disseminations on some fracture surfaces in LMDD002 13
Slide 14: Diamond drill holes completed at Limon
BRAMADEROS – A WORLD-CLASS OPPORTUNITY 2 diamond drill holes completed at Limon Early results from Limon are very Variety of porphyry B-vein textures seen in LMDD002 (Cpy = chalcopyrite). encouraging – we have drilled a wide interval of mineralised rock with all indications that we have drilled adja
Slide 15: Bramaderos Main – drilling commenced
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main – drilling commenced Longitudinal trench - 397m at 0.69g/t Au and 0.14% Cu cumulative interval; for all intervals >0.3g/t and >10m length 15
Slide 16: Bramaderos Main – surface mineralisation and 3-D geophysics
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main – surface mineralisation and 3-D geophysics 16
Slide 17: West Zone - strong trench results, drilling planned
BRAMADEROS – A WORLD-CLASS OPPORTUNITY West Zone - strong trench results, drilling planned • West Zone trenches delivering higher grade epithermal style results • 15.6m at 6.14 g/t Au and 6.92m at 12.71 g/t Au 17
Slide 18: Equity Investment – Swedish Copper
EQUITY INVESTMENT – SWEDISH COPPER Transaction with Copperstone Resources AB • Sunstone has sold its 100% owned subsidiary ‘Avalon Minerals Viscaria AB’ which owned 100% of the Viscaria Copper project in northern Sweden to Nasdaq First North Stockholm listed Copperstone Resources AB (COPP-B) • Cash
Slide 19: Planned Work and News Flow
PLANNED WORK AND NEWS FLOW Focus is on Bramaderos in Ecuador – deliver a discovery ECUADOR SWEDEN FINLAND BRAMADEROS GOLD-COPPER EQUITY INVESTMENT SOUTHERN FINLAND GOLD PROJECT PROJECT • Phase 1 Drilling in progress and will • ~A$3 million due by July 8th 2019; • Minor exploration activities be ongo
Slide 20: Competent Persons Statement
COMPETENT PERSONS STATEMENT The information in this report that relates to Further details (including JORC 2012 Code Reporting exploration results and exploration targets and results Tables, where applicable) for the information included is based upon information reviewed by Dr. Bruce in this Presen