Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Resources Rising Stars 2020 Investor Conference and Noosa Mining Conference
22 slides from Sunstone Metals's conference presentation, Nov 11, 2020
Slide 1: Sunstone Metals Ltd – Investor Presentation
11 NOVEMBER 2020 Sunstone Metals Ltd – Investor Presentation For personal use only • Sunstone to present at Resources Rising Stars 2020 Investor Conference and Noosa Mining Conference • Wednesday 11 November 2020 at 10.30am AEST (Resource Rising Stars) and 4.10pm AEST (Noosa) Sunstone Metals Ltd (AS
Slide 2: ASX: STM 11 November 2020
For personal use only ASX STM 11 November 2020
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 • Sunstone is undervalued o Market Capitalisation = ~A$40 mill o Equity Investments + Cash = ~A$21.5 mill o Enterprise Value of Ecuador exploration projects = ~A$18.5 mill • Sunstone owns 87.5% of the Bramaderos Gold-Copper-Silver Project in southern Ecuad
Slide 5: 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 and is monitoring new opportunities. The leverage from Sunstone’s equity investment in Copperstone can help deliver the vision • Opportunity for investors to participate in
Slide 6: Corporate
Corporate For personal use only A$39.8M A$2.6M A$19M 2,210M ~39% 3.7% MARKET CASH EQUITY INVESTMENTS SHARES ON ISSUE TOP 20 SHAREHOLDERS BOARD & CAPITALISATION As at Sep 2020 - unaudited In Nasdaq Stockholm listed As at Sep 2020 Hold almost half of all MANAGEMENT Tightly held Copperstone Resources A
Slide 7: Ecuador: Exploration and development is active
Ecuador Exploration and development is active For personal use only Ecuador is managing through the coronavirus pandemic. The government is taking a practical approach and opening some industries in an effort to support the economy, while managing the health issues The mining and exploration industr
Slide 8: Ecuador: strongly supported by Government
Ecuador Exploration and development is active and strongly supported by Government For personal use only Fruta del Norte Lundin Gold (TSX:LUG) High grade underground gold mine; 25.4Mt at 8.21g/t gold In production; building to 325,000 ounces gold per year; AISC US$621/ounce Ecuador’s first modern un
Slide 9: Community, Safety and Environment
Sunstone Metals Community, Safety and Environment For personal use only Sunstone has active environmental monitoring programs and is involved in various community programs at Bramaderos. Community engagement at El Palmar has commenced At Bramaderos we have been working with the local communities to
Slide 10: Bramaderos Project: Within regional mineralised belt
Bramaderos Project Within regional mineralised belt For personal use only Bramaderos Project – 4,948ha exploration concession in the ‘Advanced Stage’ category Strategically located along strike from the 2- million-ounce Dynasty Goldfield (epithermal gold), and within a region of other significant po
Slide 11: Multiple Epithermal Silver-Gold-Polymetallic Targets
Multiples Epithermal Silver-Gold-Polymetallic Targets Currently drilling Espiritu - opportunity for high grade gold-silver-lead-zinc For personal use only 10
Slide 12: Espiritu Target: Drilling in Progress
Espiritu Target Drilling in Progress 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 highly promising results of up to 11.9g/t gold, 2962
Slide 13: Espiritu Target: justification to be optimistic
Espiritu Target Drilling in Progress – justification to be optimistic For personal use only • Trench sampling indicates that gold and silver are associated with elevated lead and zinc • Drilling in the sulphide zone in holes ESDD004 and 005 has intersected veined ESDD004, 224.5m, sp in vein ESDD005,
Slide 14: Bramaderos Project: Cluster of porphyry systems
Bramaderos Project Cluster of 6 mineralised porphyry gold-copper systems For personal use only Still early days 5 km long district, 6 large targets Only 2 gold-copper porphyry systems partially tested with drilling by Sunstone; Brama and Limon – both mineralised Some historical drilling undertaken a
Slide 15: Bramaderos Project: What is the prize
Bramaderos Project What are we looking for – What is the prize For personal use only At Bramaderos • Multiple gold-copper porphyry deposits within a 5km long belt • Complemented by higher grade epithermal gold- silver deposits • Large vertical extent to mineralised systems; >1,000m • Target grades o
Slide 16: Brama Porphyry effective drill holes
Brama Porphyry 6 effective drill holes - all mineralised 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 • Cluster of higher grad
Slide 17: Brama Porphyry 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 – 250m ✓ 172m at 0.52g/t gold and 0.16% copper downhole, including ✓ 96.6m at 0.61g
Slide 18: Brama: 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 Exploration s
Slide 19: 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 Low cost entry, risk managed back end payments to vendor (respected Ecuadorian geologist) Prospective for porphyry copper-gold similar to Cascabel Drill Permit in plac
Slide 20: El Palmar: New project – northern Ecuador
El Palmar New project – northern Ecuador For personal use only Orebody at 1000m below surface Surface expression El Palmar Alpala - Cascabel 19
Slide 21: What's Ahead
What’s Ahead For personal use only ✓ Espiritu silver-gold-polymetallic drill assay results are expected to be released in November ✓ Expectation of ongoing drilling at Espiritu given visual results to date ✓ Brama porphyry gold-copper drill hole to be commenced during 2020 ✓ El Palmar exploration to
Slide 22: 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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