Sun Summit Minerals Corp. · TSXV:SMN
Sun Summit Minerals — Investor Presentation (August 2024)
23 slides from Sun Summit Minerals's investor presentation, Aug 6, 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 AUGUST 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 Located in a premier / Tier 1 jurisdiction Diverse portfolio includes two Gold-Copper projects: JD Project (epithermal Au-Ag, porphyry Cu-Au) Buck Project (epithermal Au-Ag, porphyry Cu-Mo) Existing i
Slide 4: JD Project – Prolific Region
JD Project – Prolific Region BC’S NEXT PREMIERE MINING JURISDICTION Metal endowed Toodoggone Mining District Significant deposits / proven mineralization Renewal of historic mining camp Emerging district: recent project activity and infrastructure development “Golden Horseshoe”, similar ge
Slide 5: JD Project – Toodoggone
JD Project – Toodoggone Bingo (Thesis) Under-explored, significant discovery potential 8.46 g/t Au, 37.0 g/t Ag, 15,000 hectares 1.72% Cu over 20 m9 Adjacent to high-grade epithermal gold systems: Lawyers, Ranch, Bingo (Thesis Gold) Shasta, Baker, Mets (TDG Gold) Captures northern extensio
Slide 6: JD Project Multiple Priority Targets
JD PROJECT Significant data compilation has defined multiple high priority targets Multiple Priority Targets Data review and compilation critical to ongoing target selection and prioritization High-grade Epithermal Au-Ag and Porphyry Cu-Au potential Oxide and Fericrete Porphyry Cu-Au OXIDE FERIC
Slide 7: 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 8: JD Project – Creek Zone
JD Project – Creek Zone CREEK ZONE ~20 historical drillholes 87 m @ 3.6 g/t Au including 22 m @ 11.7 g/t Au Limited drilling, open in all directions and including 4.0 m @ 61.2 g/t Au (CZ97-0083) High-grade gold potential of structurally CREEK ZONE 21.5 m @ 3.1 g/t Au controlled, sulfide-rich min
Slide 9: JD Project Finn to Creek Corridor Surface Geochemistry
JD PROJECT Rock samples 5/6 Finn to Creek Corridor Schmitt Zone: 326 g/t Au 1,535 g/t Ag (sample 18736) MVT Zone: 14.7 g/t Au 809 g/t Ag (sample 18458) 64.5 g/t Au 6,151 g/t Ag (sample 18737) 11.4 g/t Au 35.2 g/t Ag (sample 1713456) Surface Geochemistry Wolf Zone: 79.2 g/t Au 30.5 g/t Ag (sample 260
Slide 10: JD Project Finn to Creek Corridor Historical Trenching
JD PROJECT Trenches 7/8 Finn to Creek Corridor Finn Zone: 45.5 m @ 6.1 g/t Au with 12.9 g/t Ag, incl 5.5 m @ 36.4 g/t Au with 18.3 g/t Ag (trench 88-78) 106 m @ 2.2 g/t Au with 2.2 g/t Ag, incl 17.0 m @ 8.0 g/t Au with 8.1 g/t Ag (trench 88-67) 24.9 m @ 4.5 g/t Au, incl 3.0 m @ 15.98 g/t Au with 51.
Slide 11: JD Project Porphyry Targets
JD PROJECT Porphyry Targets Porphyry Copper-Gold Potential Numerous poorly tested porphyry-related copper targets that warrant significant exploration Strong porphyry-related alteration Potential “porphyry roots” to shallow epithermal systems Flat-lying stratigraphy; epithermal-related syste
Slide 12: JD Project Exploration Program
JD PROJECT Exploration Program 2024 Exploration Program Finn-Creek Soil Grid Corridor Priority drill targets at Creek and Finn Zones; step-out drilling to confirm structural controls and investigate continuity and extent DISCOVERY HOLE CZ97-008 22.0m @ 11.7 g/t Au inc. IP Survey of mineralization
Slide 13: JD Project – Untapped Potential
JD Project – Untapped Potential SCALE Finn to Creek zones (~4.5 km) show continuous near-surface Au-Ag mineralization Limited drilling, promising geochemistry, most systems open laterally and at depth GRADE High-grade Au-Ag intersected in historic holes (e.g., 35.7 m @ 7.26 g/t Au, JD95-0472)
Slide 14: 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 15: 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 16: 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 17: Share Structure
Share Structure Outstanding Shares 68,416,798 52 week high/low $0.33/$0.08 Warrants 24,777,952 Market Capitalization ~$15 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 ~12.5M warrants expiring April
Slide 18: Catalysts For Growth
Sun Summit Minerals Value Proposition Catalysts For Growth NEAR TERM VALUE CREATION Rapid project advancement, creating value on existing assets JD PROJECT with ounces in the ground, expansion and discovery potential COMMENCEMENT OF DRILL CAMPAIGN; Extensive drill program targeting high-priority are
Slide 19: 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 20: Sunsummitminerals.com TSX-V: SMN | OTCQB: SMREF
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 21: 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 22: 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 | $1,000,000
Slide 23: 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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