Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Investor Presentation (December 2022)
19 slides from Sunstone Metals's investor presentation, Dec 13, 2022
Slide 1: Bramaderos – initial Mineral Resource estimate and Exploration Target
For personal use only Bramaderos – initial Mineral Resource estimate and Exploration Target STM 13 December 2022
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: Sunstone Snapshot
Sunstone Snapshot For personal use only Ecuador focussed, gold-copper explorer and discoverer ASX - STM Market Capitalisation 1 A$105 mill Cash + Equity Investments 2 A$13.1 mill Shares on Issue 2,620 million Top 20 Shareholding 36% Institutional and Family Office Shareholding 29% Board and Manageme
Slide 4: Investment Opportunity
Investment Opportunity For personal use only • Simple proposition – discovery adds significant shareholder value STM share price A$ • The Sunstone team has a track record of copper-gold porphyry discovery • Tujuh Bukit, Indonesia • Alpala, Cascabel, Ecuador • In Ecuador late 2021 Sunstone to deliver
Slide 5: ESG considered across the business
ESG considered across the business For personal use only Sunstone appreciates the strong community support that it has at its projects and takes its environmental, social and governance issues very seriously. It is committed to advance its social performance in the areas where we work Sunstone • has
Slide 6: Bramaderos, Southern Ecuador
Bramaderos, Southern Ecuador For personal use only Brama-Alba hill Espiritu core processing facility Iron horse used for transporting equipment Espiritu core processing facility • 4,984ha concession • Adjacent to the Pan American Highway • At ~900m asl • Multiple targets within the concession all ea
Slide 7: Brama-Alba – initial Mineral Resource estimate
Brama-Alba – initial Mineral Resource estimate For personal use only JORC Tonnage (Mt) Au (g/t) Cu (%) Ag (g/t) AuEq AuEq* Classification (g/t) (Mozs) Indicated 9 0.38 0.09 1.1 0.53 0.2 Inferred 147 0.35 0.11 1.3 0.53 2.5 Total 156 0.35 0.11 1.3 0.53 2.7 - Due to the effect of rounding, the total ma
Slide 8: Brama-Alba – mineralisation from surface
Brama-Alba – mineralisation from surface For personal use only 1.6 km Alba Hills in background Brama • View looking NE; December 2022 • 1.2km long mineralised system – so far • Outcropping gold-copper • Development would initially mine a hill – very low strip ratio • Higher grade domains close to su
Slide 9: Brama-Alba – mineralisation from surface
Brama-Alba – mineralisation from surface For personal use only • Large porphyry system, with some higher-grade domains • Mineralisation from surface, this is an outcropping gold-copper (+minor silver, molybdenum) porphyry • MRE is based on data from 53 drill holes for 27,338m, and on 3,064 linear me
Slide 10: Brama-Alba – mineralisation from surface
Brama-Alba – mineralisation from surface For personal use only 10
Slide 11: Brama-Alba – higher grade domains
Brama-Alba – higher grade domains For personal use only • Cadia East (Newcrest, NSW) underground Indicated resource grades 0.78g/t AuEq • Alpala (Cascabel, SolGold, Ecuador), planned underground development, Indicated and Inferred resources grade 0.59 and 0.49g/t AuEq respectively (also a high-grade
Slide 12: Brama-Alba – initial Exploration Target
Brama-Alba – initial Exploration Target For personal use only Exploration Target Min. Tonnage Max. Tonnage Metal Content Metal Content 3.3 to 8.6Mozs AuEq (Mt) (Mt) Min. AuEq (Mozs) Max. AuEq (Mozs) Brama-Alba (excluding MRE areas) 70 100 0.79 2.57 Comprising Melonal 150 200 1.93 4.50 2.1 to 6.6Mozs
Slide 13: Bramaderos – rich with targets
Bramaderos – rich with targets For personal use only PORPHYRY OPPORTUNITIES LIMON - Outcropping gold-copper porphyry and high-sulphidation epithermal 97.6m at 0.71g/t gold and 0.23% copper in trench Sunstone drilling (4 holes) in 2019-20 delivered 13.3m at 0.11 gold and 0.43% copper in shallow High
Slide 14: El Palmar, northern Ecuador
El Palmar, northern Ecuador For personal use only • Highly prospective belt of rocks related to the Toachi Fault Zone • To date includes the >2.7Bt Alpala copper-gold porphyry deposit at Cascabel, the >0.53Bt Tandayama-America copper-gold porphyry deposit at Cascabel, and the >1Bt Llurimagua copper-
Slide 15: El Palmar; multiple targets
El Palmar; multiple targets For personal use only • Mineralisation from surface • At T1, gold-copper porphyry system Tituana with wide intervals (>400m) at >0.4g/t gold and 0.15% copper and including intervals of 100m – 170m of >0.7g/t gold and 0.2% copper (see ASX announcements 25th May 2022 and 7t
Slide 16: What's ahead
What’s ahead For personal use only ✓ 2023 – advance targets and drill at both El Palmar and Bramaderos ✓ Bramaderos • Brama-Alba drilling ongoing for growth to the initial Mineral Resource estimate • Drill to convert Exploration Target to mineral resources • Deliver additional discoveries at Sandia,
Slide 17: Ecuador
Ecuador For personal use only • Support for responsible mining • Responsible mining and exploration contributing significantly to FDI, taxes, employment, infrastructure, communities, environmental studies and management • Investment Protection Agreements signed on several projects Two Large Modern O
Slide 18: Competent Persons Statement
Competent Persons Statement For personal use only Competent Persons Statement The information in this report that relates to Mineral Resources is based on information compiled by Mr Aaron Meakin. Mr Aaron Meakin is a full-time employee of CSA Global Pty Ltd and is a Member and Chartered Professional
Slide 19: For personal use only
For personal use only CALL EMAIL WEB ASX:STM +61 7 3368 9888 info@sunstonemetals.com.au sunstonemetals.com.au
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