Sun Summit Minerals Corp. · TSXV:SMN
Sun Summit Minerals — Investor Presentation (December 2024)
25 slides from Sun Summit Minerals's investor presentation, December 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 DECEMBER 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 ~$8 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 2
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 Prior drilling in high grade core; subsequent drilling confirmed continuity of mineralization Open along strike and down dip Priority drill targ
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 Resource definition drilling to begin in 2025 OBLIQUE VIEW 5m of 20.4g/t Au LOOKING WEST silica 38m JD-12-003 9 2m of 32.5g/t Au hem + ser alt Qtz + gal + cpy
Slide 10: JD Project – Creek Zone
Historic Drill Holes JD Project – Creek Zone CZ97-008: 22.0m @ 11.7 g/t Au inc. 4.0m @ 61.2 g/t Au CZ98-009: 72.3m @ 0.8 g/t Au inc. 4.3m @ 6.7 g/t Au CZ98-012: 21.5m @ 3.1 g/t Au inc. 3.0m @ 18.7 g/t Au High-grade, vein-hosted gold + base metal mineralization within CREEK ZONE broad zones of bulk
Slide 11: JD Project – Creek Zone
JD Project – Creek Zone CREEK ZONE IP geophysics confirmed chargeability and resistivity highs that require further testing Priority infill and step-out drill targets for 2025 Structural mapping to target high-grade veins sets SUNSUMMITMINERALS.COM | TSX-V: SMN | OTCQB: SMREF 11
Slide 12: JD Project – Creek Zone
JD Project – Creek Zone 362 g/t Au with qtz – carb – sph - cpy CZ-24-005 53.6 g/t Au with 121 g/t Ag, 53.6 g/t Ag and cemented breccia 18.2% Zn and cpy 4.06% Zn 2.2% Cu over 0.58 m over 0.25 m sph K - spar halo 362 g/t Au over 0.25 cm 53.6 g/t Au over 0.58 cm 21.6 g/t Au over 0.50 cm qtz –carb - sph
Slide 13: JD Project – Finn to Creek Corridor
JD PROJECT Finn to Creek Corridor Wolf Zone Schmitt Zone AG Carb Zone SIGNIFICANT SIZE & SCALE POTENTIAL 35.4g/t Au 1500g/t Ag 18.5g/t Au 300g/t Ag 0.1g/t Au 292g/t Ag Finn-Creek Corridor Multiple high-grade gold, silver and base metal targets identified along trend Size potential along strike ~
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, FINN TO CREEK FERICRETE Epithermal Au-Ag and large bulk-mineable porphyry EAST MCCLAIR Cu-
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 – 2025 Exploration
JD Project – 2025 Exploration AGGRESSIVE EXPLORATION PROGRAM PLANNED FOR 2025 OXIDE FERICRETE Proposed 2025 exploration program: ~8,000 metres diamond drilling (Phase 1/2) Soil geochemistry (~2,000 soil samples) FINN Prospecting & Mapping (~150 rock samples) CREEK IP geophysics (~20 line k
Slide 17: JD Project – Untapped Potential
JD Project – Untapped Potential DISTRICT Porphyry Multiple known epithermal & porphyry deposits Ranch 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 18: 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 19: 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 20: 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 21: 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 22: 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 DATA MODELLING AND TARGET GENERATION; Including 3D modelling, data analysis, and target ATTRACTIVE JURISDICTION, EMERGING REGION ar
Slide 23: SUNSUMMITMINERALS.COM TSX-V: SMN | OTCQB: SMREF
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 24: 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 25: 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
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