Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Noosa Mining and Exploration Conference 2018
26 slides from Sunstone Metals's conference presentation, Jul 20, 2018
Slide 1: Noosa Mining and Exploration Conference; July 2018
For personal use only ASX:STM Noosa Mining and Exploration Conference; July 2018
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: A Compelling Investment Opportunity
A COMPELLING INVESTMENT OPPORTUNITY Three projects | Copper and Gold | Discovery and Development For personal use only ECUADOR SWEDEN FINLAND GOLD & COPPER GOLD & COPPER LITHIUM VISCARIA BRAMADEROS VISCARIA SOUTHERN PROJECT PROJECT FINLAND GOLD PROJECT S. FINLAND GOLD Delivers large Protects downsid
Slide 4: Corporate
CORPORATE For personal use only Listed on the Australian Stock Exchange ASX:STM $44.5M A$2.7M 1,142M ~40% 3.5% MARKET CAPITALISATION CASH SHARES ON ISSUE TOP 10 SHAREHOLDERS BOARD & MANAGEMENT Tightly held As at 30.06.18 - unaudited As at 31.03.18 Hold almost half of all Have participated in all pla
Slide 5: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT 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 Geologist who has played a key rol
Slide 6: Value Growth Through Discovery
VALUE GROWTH THROUGH DISCOVERY For personal use only Sunstone is the only ASX-listed junior providing direct junior company exposure to ‘booming’ Ecuador • The Sunstone team have been involved in giant porphyry copper-gold discoveries with Intrepid Mines at Tujuh Bukit (Indonesia) and SolGold at Cas
Slide 7: There's a Lot Going On in Ecuador
THERE’S A LOT GOING ON IN ECUADOR For personal use only • Majors and juniors have committed to spend hundreds of millions of dollars on exploration • Most are looking for world class gold and copper deposits – genuine large growth opportunities • High level of pre-drilling activity • Drilling activi
Slide 8: Scout Drilling Initiative
SCOUT DRILLING INITIATIVE For personal use only Announced last week by the Ecuadorian Ministry of Energy and Non-Renewable Natural Resources (MERNNR) “Ecuador is betting on being a mining country” Ministerial Decree released Justification: …….. ‘to quote from MERNNR’ Technical Advantages • Greater c
Slide 9: A strong commitment to community and environment
BRAMADEROS – 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 water studies completed as part of drill permit process. Water Permit rec
Slide 10: Matching the team with the opportunity
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Matching the team with the opportunity For personal use only 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; we have a binding farm-in
Slide 11: Multiple targets, very good location
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Multiple targets, very good location For personal use only Bramaderos Main Porotillo Gold-Copper Gold-Copper Pan American Limon Gold-Copper to north Highway Photo taken from West Zone Epithermal Gold target looking southeast 11
Slide 12: Multiple porphyry gold-copper and epithermal gold-silver targets
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Multiple porphyry gold-copper and epithermal gold-silver targets For personal use only Multiple targets developed from multiple datasets At least 3 targets to be drill tested in Phase 1 drilling 1. Bramaderos Main 2. West Zone 3. Limon 12
Slide 13: Bramaderos Main delivering strong trench results
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main delivering strong trench results For personal use only • 397m at 0.69g/t Au and 0.14% Cu cumulative interval; for all intervals >0.3g/t and >10m length • Importantly, the trenching is also delivering greatly improved interpretation of the geomet
Slide 14: Bramaderos Main – surface mineralisation and 3-D geophysics
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main – surface mineralisation and 3-D geophysics For personal use only 14
Slide 15: Additional targets from 3-D magnetics modelling
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Additional targets from 3-D magnetics modelling For personal use only • 3-D modelling of a subset of the detailed heli-magnetics • Significant anomalies modelled at Bramaderos Main and Porotillo • Vertical extent > 1km • Modelled bodies project to surface in ar
Slide 16: Additional targets from 3-D magnetics modelling
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Additional targets from 3-D magnetics modelling For personal use only • 3-D modelling of a subset of the detailed heli-magnetics • Significant anomalies modelled at Bramaderos Main and Porotillo • Vertical extent > 1km • Modelled bodies project to surface in ar
Slide 17: West Zone delivering strong trench results
BRAMADEROS – A WORLD-CLASS OPPORTUNITY West Zone delivering strong trench results For personal use only • West Zone trenches delivering higher grade epithermal style results • Recent geophysical results, complemented by alteration mapping, suggest there may also be a porphyry target at depth • 15.6m
Slide 18: Limon - absolutely outstanding initial trench results
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon - absolutely outstanding initial trench results For personal use only • Breakthrough, high grade results • A ‘window’ into a significant porphyry system 97.6m at 0.71g/t gold and 0.23% copper at surface, including 65.0m at 0.93g/t gold and 0.31% copper 17
Slide 19: Limon - absolutely outstanding initial trench results
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon - absolutely outstanding initial trench results For personal use only 18
Slide 20: Viscaria Copper Project
VISCARIA COPPER PROJECT Advanced copper project in northern Sweden For personal use only • High quality copper project • Over 600kt copper resource • PFS stage copper development opportunity in a mining district • Development permitting in progress • Exceptional exploration upside • Region is home t
Slide 21: Viscaria Copper Project – Outstanding Location
VISCARIA COPPER PROJECT Outstanding Location For personal use only A Zone previously mined D Zone not mined and a great orebody Copper Kiruna Viscaria orebodies shown in Mineral Resource orange estimate 52Mt at 1.2% Cu (JORC 2012)* LKAB 18Mt subset of that used in 2016 Scoping Study* Can operate all
Slide 22: Viscaria Project – D Zone
VISCARIA PROJECT – D ZONE Considerable upside potential laterally to the south and down plunge For personal use only 1.0m @ 1.5% Cu 5.1m @ 2.23% Cu 5.3m @ 2.0% Cu 26.7m @ 2.6% Cu 3.0m @ 2.3% Cu, and 9.9m @ 2.2% Cu 21
Slide 23: Viscaria Project – Near-Mine Targets
VISCARIA PROJECT – NEAR-MINE TARGETS Several kilometers of target horizon for D and A Zone analogues For personal use only • Exploration upside is very compelling • Multiple ‘VMS’ targets similar to A Zone and D Zone • In addition, there are a series of ‘Iron Oxide Copper’ targets. Sunstone has dril
Slide 24: Planned Work and News Flow
PLANNED WORK AND NEWS FLOW For personal use only ECUADOR SWEDEN FINLAND BRAMADEROS GOLD-COPPER VISCARIA COPPER PROJECT SOUTHERN FINLAND GOLD AND PROJECT LITHIUM PROJECTS • Active exploration program; drill • Planning best options to move • Work program planning in H2 access preparation, mapping, soi
Slide 25: Competent Persons Statement
COMPETENT PERSONS STATEMENT For personal use only The information in this report that relates to exploration results and The information in this report that relates to the updated D Zone exploration targets and results is based upon information reviewed Mineral Resource estimate is based on the info
Slide 26: Viscaria Copper Project Mineral Resource Estimate
VISCARIA COPPER PROJECT Mineral Resource Estimate For personal use only Resource Area Classification Tonnes (Mt) Cu Grade (%) Contained Cu (kt) Measured 14.44 1.7 240.0 Indicated 4.69 1.2 57.2 A Zone Inferred 2.48 1 25.5 Subtotal 21.61 1.5 322.7 Measured 0.12 1.3 1.6 Indicated 4.12 0.7 29.7 B Zone I
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