Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Noosa Mining and Exploration Conference 2019
23 slides from Sunstone Metals's conference presentation, Jul 18, 2019
Slide 1: Noosa Mining and Exploration Conference
For personal use only Noosa Mining and Exploration Conference ASX:STM July 2019
Slide 2: Disclaimer and Forward-Looking Statements
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: A Compelling Investment Opportunity
A COMPELLING INVESTMENT OPPORTUNITY For personal use only Gold and Copper | Discovery driven | Create Substantial Shareholder Wealth ECUADOR In the background … ✓ BRAMADEROS GOLD & COPPER SWEDEN PORPHYRY + EPITHERMAL ✓ SALE OF VISCARIA COPPER PROJECT FOR ~A$35 PROJECT mill (cash + shares) ✓ SIGNIFIC
Slide 4: Corporate
CORPORATE For personal use only Listed on the Australian Stock Exchange ASX:STM A$41.5M A$15- A$2.8M 1,221M ~40% 4.0% 20M MARKET CASH EQUITY INVESTMENTS SHARES ON ISSUE TOP 10 SHAREHOLDERS BOARD & CAPITALISATION As at 15.07.19 - unaudited In Nasdaq listed Copperstone As at 15.07.19 Hold almost half
Slide 5: Multi Disciplinary Strong Board
MULTI DISCIPLINARY STRONG BOARD For personal use only 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 finan
Slide 6: A Very High Quality Team
A VERY HIGH QUALITY TEAM For personal use only 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 Mining industry executive with a Finance pro
Slide 7: Ecuador
ECUADOR For personal use only Strongly promoting exploration and mining but also dealing with impediments • Drilling is underway at Bramaderos following the approval of the Bramaderos EIA and issuance of an Environmental Licence • Majors and juniors have committed to spend hundreds of millions of do
Slide 8: Delivering a gold-copper discovery
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Delivering a gold-copper discovery For personal use only Cascabel; SolGold 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
Slide 9: A strong commitment to community and environment
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY A strong commitment to community and environment For personal use only • Regular local community meetings and information sessions on current and planned work programs • Environmental and social management plans being implemented • Concession wide EIA t
Slide 10: A reminder of how good this opportunity is
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY A reminder of how good this opportunity is …. For personal use only 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 Pa
Slide 11: Multiple gold-copper targets
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Multiple gold-copper targets For personal use only Multiple targets developed from multiple datasets Phase 1 drilling 5,000m (completed ~2,800m) 3 Drill Targets 1. Limon – porphyry gold-copper target, 2 holes completed, more to follow 2. Bramaderos Main
Slide 12: Limon – a large porphyry target, no historical drilling
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Limon – a large porphyry target, no historical drilling For personal use only 12
Slide 13: LMDD002 - Very encouraging geology, we are close
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY LMDD002 - Very encouraging geology, we are close For personal use only Variety of porphyry B-vein textures seen in LMDD002 (Cpy = chalcopyrite). Early results from Limon are very encouraging – we have drilled a wide interval of mineralised rock LMDD002,
Slide 14: Limon – LMDD002 and Target Concept for hole LMDD003
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Limon – LMDD002 and Target Concept for hole LMDD003 For personal use only LMDD003 projected position – targeting the orebody LMDD002 projected Expect to commence position – close but not drilling this hole is August into the orebody 14
Slide 15: Bramaderos Main target, current drilling activity
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Bramaderos Main target, current drilling activity For personal use only Multiple targets developed from multiple datasets Drill targets 1. Limon – porphyry gold-copper target, 2 holes completed, more to follow 2. Bramaderos Main – porphyry gold-copper t
Slide 16: Bramaderos Main – drilling in progress
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Bramaderos Main – drilling in progress For personal use only Longitudinal trench - 397m at 0.69g/t Au and 0.14% Cu cumulative interval; for all intervals >0.3g/t and >10m length Aerial extent of >0.5g/t gold and >0.1% copper is ~600m x 400m Mineralised
Slide 17: Bramaderos Main – drilling in progress
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Bramaderos Main – drilling in progress For personal use only Recently completed hole BMDD001 Drilled quartz stockwork veined altered intrusive rocks similar to those mineralised at surface to a downhole depth of ~600m Partial assays received 96.6m at 0.
Slide 18: Bramaderos Main – surface mineralisation and 3-D geophysics
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY Bramaderos Main – surface mineralisation and 3-D geophysics For personal use only 18
Slide 19: West Zone target
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY West Zone target For personal use only Multiple targets developed from multiple datasets Drill targets 1. Limon – porphyry gold-copper target, 2 holes completed, more to follow 2. Bramaderos Main – porphyry gold-copper target, 1 hole completed, hole 2 i
Slide 20: West Zone – epithermal gold, strong trench results
BRAMADEROS PROJECT – A WORLD-CLASS OPPORTUNITY West Zone – epithermal gold, strong trench results, drilling planned For personal use only • West Zone trenches delivering higher grade epithermal style results 15.6m at 6.14g/t gold • 15.6m at 6.14 g/t Au and 6.92m at 12.71 g/t Au 20
Slide 21: Planned Work and News Flow
PLANNED WORK AND NEWS FLOW Focus is on Bramaderos in Ecuador – Deliver a Discovery For personal use only ECUADOR SWEDEN FINLAND BRAMADEROS GOLD-COPPER EQUITY INVESTMENT SOUTHERN FINLAND GOLD PROJECT PROJECT • Viscaria sale - ~A$4.5 million received to • Minor exploration activities underway • Phase
Slide 22: A Compelling Investment Opportunity
A COMPELLING INVESTMENT OPPORTUNITY For personal use only Gold and Copper | Discovery driven | Create Substantial Shareholder Wealth 22
Slide 23: Competent Persons Statement
COMPETENT PERSONS STATEMENT For personal use only 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
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