Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Resource Rising Stars Investor Conference 2022
21 slides from Sunstone Metals's conference presentation, Jun 7, 2022
Slide 1: Resource Rising Stars Presentation
7 JUNE 2022 Resource Rising Stars Presentation For personal use only Sunstone Metals Limited (ASX:STM) is pleased to advise that Managing Director Malcolm Norris will be presenting at the Resources Rising Stars Investor Conference on the Gold Coast today at 10.45am AEDT / 8.45am AWST. The presentati
Slide 2: ASX STM June 2022
For personal use only ASX STM June 2022
Slide 3: 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 4: Investment Highlights
Investment Highlights For personal use only • Ecuador focussed, gold-copper explorer • Well funded with a track record of porphyry discovery, delivered recent discovery success across 2 projects • Strong share price growth linked to discovery with very significant upside still to deliver • Sunstone
Slide 5: The Team
The Team A high-quality team in Ecuador and Australia For personal use only • A well qualified and focussed team in Ecuador, comprising 100% Ecuadorians, working across the El Palmar and Bramaderos Projects and covering all aspects of corporate, social, environmental, safety, technical exploration,
Slide 6: Corporate
Corporate For personal use only Listed on the Australian Stock Exchange ASX:STM A$141M A$28M 2,574M 35% 4.4% MARKET CASH + EQUITY SHARES ON ISSUE TOP 20 SHAREHOLDERS BOARD & CAPITALISATION INVESTMENTS As of May 2022 MANAGEMENT At share price of A$0.055 As of May 31, 2022 Institutional + Family Have
Slide 7: Ecuador
Ecuador Giant porphyry and epithermal deposits For personal use only • President Lasso supports responsible mining • Several projects moving forward through exploration-studies- development • Responsible mining and exploration contributing significantly to FDI, taxes, employment, infrastructure, com
Slide 8: Community, Safety and Environment
Sunstone Metals Community, Safety and Environment For personal use only Sunstone takes its environmental, social and governance issues very seriously and is committed to improving its social performance in the areas where we work Sunstone • has significant environmental monitoring programs across it
Slide 9: Bramaderos Project
Bramaderos Project Southern Ecuador, 5,000ha concession, well located for success For personal use only • Adjacent to the Pan American Highway • At ~900m asl • Multiple targets within the concession all easily accessible • The project is supported by good infrastructure (hydroelectric power, regiona
Slide 10: Brama-Alba gold-copper deposit – large with higher-grade zones
Bramaderos Project Brama-Alba gold-copper deposit – large with higher-grade zones For personal use only • Single large porphyry system, with higher grade domains • Mineralisation from surface • Getting larger with ongoing exploration • Aiming for a Mineral Resource Estimate by end 2022 9
Slide 11: Brama-Alba deposit – gold-copper porphyry, local high grades and visible gold
Bramaderos Project Brama-Alba deposit – gold-copper porphyry, local high grades and visible gold For personal use only • 223.7m at 0.58g/t gold and 0.13% copper from 107.6m, including 60.7m at 1.01g/t gold and 0.19% copper from 136m in BMDD021 • 57m at 0.74g/t gold, 0.23% copper from 30m in BMDD018
Slide 12: Brama-Alba deposit – geophysics maps system
Bramaderos Project Brama-Alba deposit – geophysics maps system For personal use only • Additional drilling at Brama-Alba guided by geophysics • Nearby targets to be tested in 2022 include Melonal and Playas – both exhibit similar characteristics to Brama- Alba • Melonal and Playas are mineralised -
Slide 13: Multiple Targets – So much upside still to be delivered
Bramaderos Project Multiple Targets – So much upside still to be delivered For personal use only EPITHERMAL PORPHYRY OPPORTUNITIES OPPORTUNITIES LIMON - Outcropping gold-copper porphyry and high- sulphidation epithermal 97.6m at 0.71g/t gold and 0.23% copper in trench WEST ZONE – Sunstone drilling (
Slide 14: El Palmar Project
El Palmar Project Within a mineralised belt in northern Ecuador For personal use only • Highly prospective belt of rocks related to the Toachi Fault Zone • Together with orthogonal structural control delivers target zones for porphyry mineralisation • To date includes the >2.7Bt Alpala copper-gold p
Slide 15: Initial drill hole assays deliver a significant discovery
El Palmar Project Initial drill hole assays deliver a significant discovery For personal use only Drill Hole From (m) To (m) Interval (m) Au (g/t) Cu (%) EPDD001 11.30 492.15 480.85 0.41 0.15 incl 52.35 215.90 163.55 0.71 0.20 EPDD002 250.00 463.75 213.75 0.48 0.22 incl 250.00 417.50 167.50 0.58 0.2
Slide 16: So far, drilling mainly in upper 600m, eastern side of main target
El Palmar Project So far, drilling mainly in upper 600m, eastern side of main target For personal use only • Mineralisation from surface • Very significant vertical extent from magnetic modelling • Copper-gold-silver-magnetic susceptibility all correlate well in domain from surface to 600m deep • To
Slide 17: Deep exploration – guided by geophysics
El Palmar Project Deep exploration – guided by geophysics For personal use only • 3 deep holes (EPDD009, 12, 16) all mineralised, but no ore grade intersections below 500m 600m ….. yet • Geophysical coverage includes detailed magnetics, and MT 16
Slide 18: Satellite targets – will drill in 2022
El Palmar Project Satellite targets – will drill in 2022 For personal use only • Surface geochemistry suggests 2 significant satellite targets with geologically ‘upper porphyry’ type signatures 500m • Detailed magnetics suggests porphyry source may be deeper • Integrate both for drill target definit
Slide 19: Additional targets being defined and prepared for drilling in 2022
El Palmar Project Additional targets being defined and prepared for drilling in 2022 For personal use only • Soil sampling is ongoing • In total - 2.5km long cluster of porphyry targets identified to date • Plus several epithermal targets • Reconnaissance mapping and sampling also underway 18
Slide 20: What's ahead ……
Sunstone Metals What’s ahead …… For personal use only ✓ 2022 – Demonstrate very large upside to both El Palmar and Brama-Alba discoveries ✓ Bramaderos • Brama-Alba drilling ongoing for initial Mineral Resource Estimate in late 2022 • Deliver additional discoveries through: • Drilling compelling geop
Slide 21: 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
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