Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Australian Energy & Minerals Investor Conference (March 2021)
20 slides from Sunstone Metals's conference presentation, Mar 18, 2021
Slide 1: Sunstone Metals - ASX: STM, March 2021
For personal use only ASX STM March 2021
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 is undervalued o Market Capitalisation = ~A$30 mill (@1.35cps; 30 day VWAP) o Equity Investments + Cash = ~A$22 mill o Delivering Enterprise Value of Ecuador exploration projects = ~A$8 mill – we would argue, this is grossly undervalued • Sunsto
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. Our strong funding position can help deliver the vision • Opportunity for investors to participate in the discovery of multiple gold-copper and gold-silver deposits within
Slide 5: Corporate
Corporate For personal use only A$30M A$3.3M A$19M 2,210M ~39% 3.7% MARKET CASH EQUITY INVESTMENTS SHARES ON ISSUE TOP 20 SHAREHOLDERS BOARD & CAPITALISATION As at Mar 2021 – unaudited In Nasdaq Stockholm listed As at Sep 2020 Hold almost half of all MANAGEMENT Tightly held Copperstone Resources AB,
Slide 6: Ecuador: Building an exploration and mining sector
Ecuador Building an exploration and mining sector For personal use only Ecuador is managing through the coronavirus pandemic. The mining and exploration industry is deemed to be an ‘essential industry’ during the pandemic and is encouraged to continue operating if it is safe to do so We are mid way
Slide 7: Ecuador: Exploration and development is active
Ecuador Exploration and development is active For personal use only Fruta del Norte Lundin Gold (TSX:LUG) High grade underground gold mine; Reserve of 20.8Mt at 8.1g/t gold + 11.8g/t silver; 5.4Moz gold In production; 2021 guidance 380,000 - 420,000 ounces gold; AISC US$800/ounce; 10.4g/t head grade
Slide 8: Community, Safety and Environment
Sunstone Metals Community, Safety and Environment For personal use only Sunstone appreciates the strong community support it has at its projects Sunstone has active environmental monitoring programs and is involved in various community programs at Bramaderos. Community engagement at El Palmar is dev
Slide 9: Bramaderos Project: Multiple Targets
Bramaderos Project Multiple Targets – Porphyry gold-copper and epithermal silver-gold For personal use only Multiple targets now being tested in Phase 2 of our exploration program At least 2 known mineralised epithermal gold-silver systems Currently drilling the Espiritu target 6 porphyry gold-coppe
Slide 10: Brama Porphyry effective drill holes - all mineralized, some ore grade
Brama Porphyry 6 effective drill holes - all mineralized, some ore grade 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 • Cluste
Slide 11: Brama Porphyry: Curi-03, BMDD001 and BMDD002 drilling
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 250m ✓ 96.6m at 0.61g
Slide 12: Brama Porphyry: Current Drill hole BMDD008
Brama Porphyry Current Drill hole BMDD008 For personal use only BMDD008 will test the ‘pencil porphyry’ model as defined by 3-D modelling of magnetics • BMDD008 is drilling through and below a potassic-altered high-level porphyry related intrusive breccia with intervals up to 127m at 0.57g/t gold an
Slide 13: 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 • Explora
Slide 14: Espiritu Epithermal Discovery: High grade gold-silver-lead-zinc
Espiritu Epithermal Discovery High grade gold-silver-lead-zinc – new discovery For personal use only • Espiritu discovery is growing with further exploration • Compelling anomalies defined to the south of the area of drilling • 1.2km long belt still to be drilled 14
Slide 15: Espiritu Epithermal Discovery: Drilling continuing; bonanza silver grades
Espiritu Epithermal Discovery Drilling continuing; scale growing; bonanza silver grades 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 has delivered u
Slide 16: Espiritu Epithermal Discovery: Drilling in Progress
Espiritu Epithermal Discovery Drilling in Progress – justification to be optimistic For personal use only • Drilling in the sulphide zone has intersected veined and brecciated intervals across several holes with significant lead (galena - gn) and zinc (sphalerite - sp) ESDD005, 147m, coarse grained
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 Prospective for porphyry copper-gold similar to the 2.7Bt Alpala deposit at Cascabel and the 1Bt Llurimagua deposit Ground magnetics survey to start asap; this will de
Slide 18: El Palmar: Historical drilling confirms porphyry
El Palmar Historical drilling confirms porphyry; magnetics to define new drill targets For personal use only 18
Slide 19: What's Ahead
What’s Ahead For personal use only ✓ Exciting 2021 - Discovery focused, multiple targets, drilling across all targets, strong funding position ✓ Brama porphyry gold-copper drill hole commenced Feb 2021; confirm ‘pencil porphyry’ model and drill considerable vertical extent; mineralization observed i
Slide 20: 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
Sunstone Metals — Australian Energy & Minerals Investor Conference (March 2021) on 6ix