Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Resources Rising Stars Summer Series, Brisbane 2024
24 slides from Sunstone Metals's conference presentation, Feb 1, 2024
Slide 1: Presentation – Resources Rising Stars Summer Series, Brisbane
1 FEBRUARY 2024 Presentation – Resources Rising Stars Summer Series, Brisbane For personal use only Sunstone Metals Ltd (ASX: STM) is pleased to provide an updated Corporate Presentation which will be delivered by Managing Director Malcolm Norris to the Resources Rising Stars investor conference in
Slide 2: STM January 2024
For personal use only STM January 2024
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 undertaking, express or implied, is made and, to the maximum extent “forward-looking statemen
Slide 4: Sunstone Snapshot
Sunstone Snapshot Ecuador focussed, gold-copper explorer and discoverer For personal use only ASX - STM Market Capitalisation 1 A$38.4 mill Cash and Equities 2 ~A$4.9 mill Shares on Issue 3,488 million Top 20 Shareholding 36% Institutional and Family Office Shareholding 35% Board and Management Shar
Slide 5: The Sunstone Opportunity
The Sunstone Opportunity • Key messages For personal use only • Exposure to 2 giant gold-copper-silver exploration and development assets • Bramaderos is a significant staged development and discovery opportunity, with line of sight to 10Moz gold equivalent (gold-copper-silver) 1. near surface high-
Slide 6: ESG considered across the business
ESG considered across the business Sunstone appreciates the strong community support that it has at its projects and takes its environmental, social For personal use only and governance issues very seriously. It is committed to advance its social performance in the areas where we work Inaugural Sust
Slide 7: Bramaderos, Southern Ecuador
Bramaderos, Southern Ecuador Office and drill core processing facility For personal use only Limon Brama-Alba • 4,984 ha concession • Adjacent to the Pan American Highway • At ~900m asl • The project is supported by good infrastructure (hydroelectric power, regional airport nearby) • 93% of Ecuador’
Slide 8: Bramaderos – targeting 10Moz opportunity
Bramaderos – targeting 10Moz opportunity LIMON - gold-silver epithermal and porphyry Epithermal gold and silver (2023 discovery) For personal use only Exploration Target 0.9 – 1.7 mill oz AuEq, at 0.9- 1.2g/t AuEq*1 from surface Porphyry gold-copper-silver 97.6m at 0.71g/t gold and 0.23% copper in t
Slide 9: Brama-Alba – mineralisation from surface
Brama-Alba – mineralisation from surface 1.6 km For personal use only Limon; just behind hill Alba Hills in background Brama View from Melonal gold-copper deposit • View looking NE; December 2022 • MRE, undertaken by Tier 1 consultants CSA (pit constrained, reasonable prospects) • 1.2km long mineral
Slide 10: Limon – significant discovery
Limon – significant discovery For personal use only Area of gold-silver mineralisation • View looking east; December 2022 • 1.7km x 700m gold-silver epithermal system centered with gold-copper-silver porphyry • Outcropping gold-silver with high grade domains • Many opportunities to grow resource, an
Slide 11: Limon – gold-silver epithermal
Limon – gold-silver epithermal • Very significant discovery; delivers the higher-grade front end for a larger For personal use only Bramaderos development • Large search space for epithermal gold- silver-base metal mineralisation Hills in background • Evidence of epithermal veins to depths exceeding
Slide 12: Limon – gold-silver epithermal
Limon – gold-silver epithermal For personal use only Hills in background 11
Slide 13: Limon – gold-copper-silver porphyry
Limon – gold-copper-silver porphyry • 97.6m at 0.71g/t gold and 0.23% copper in trench • 79m at 0.52g/t gold, 0.19% copper, 9.4g/t silver from For personal use only 90m in LMDD010 • Subtle direct surface expression, strong vectors • Compelling large porphyry target (gold-copper-silver) Hills in back
Slide 14: Bramaderos – gold-copper-silver camp
Bramaderos – gold-copper-silver camp • Aiming to deliver 10 million ounce gold equivalent camp For personal use only • Current Porphyry MRE – 2.7Moz AuEq –gold-copper-silver, Brama-Alba porphyry only • Current Porphyry Exploration Target, in addition to above MRE – 3.3 – 8.6 Moz AuEq – gold-copper-s
Slide 15: El Palmar, northern Ecuador
El Palmar, northern Ecuador For personal use only • To date includes the 2.7Bt Alpala copper-gold porphyry deposit (0.53% CuEq) at Cascabel, the 0.53Bt Tandayama-America copper- gold porphyry deposit (0.36% CuEq) at Cascabel, and the 1Bt Llurimagua copper-moly porphyry deposit (1.0% CuEq) • Highly p
Slide 16: El Palmar - T1-T2-T3-T5 porphyry cluster
El Palmar - T1-T2-T3-T5 porphyry cluster • Mineralisation from surface at T1, T2, and T5 For personal use only • 2.3km long cluster of porphyry targets identified to date; T1 to T5 • Targets could all be related and have geometries that relate to their position on or adjacent to the Toachi fault, an
Slide 17: El Palmar - multiple large targets
El Palmar - multiple large targets • T1; 800m long (in NW-SE orientation) already an For personal use only orebody in its own right • T1; 21 drill holes completed, gold-copper from surface to 500m below surface, intersections include 160m at 0.7g/t gold and 0.2% copper from 52m (LMDD001) • T3; EPDD0
Slide 18: El Palmar – locally strong grades
El Palmar – locally strong grades EPDD026 For personal use only Targets T1 to T5 could all be related and have geometries that relate to their position on or adjacent to the Toachi fault Porphyries have very large vertical extent – can be > 1,000m EPDD026 and 028 grades suggest the T3 system can del
Slide 19: El Palmar; epithermal gold opportunities
El Palmar; epithermal gold opportunities • Intermediate sulphidation epithermal system has For personal use only been identified at El Palmar through surface rock chip and channel sampling with grades up to 6.2g/t gold and 269g/t silver • Interpretation of structural regime is supported by field obs
Slide 20: El Palmar – Verde Chico
El Palmar – Verde Chico • Exploration at Verde Chico xxx has commenced with initial For personal use only follow-up to the known high-grade gold mineralisation • Stream sediment sampling has also commenced to explore the broader concession where there has been no previous exploration • Potential to
Slide 21: What's ahead
What’s ahead ✓ Bramaderos For personal use only • Limon gold-silver epithermal discovery has fundamentally changed Bramaderos • Ongoing low cost trenching leading to drilling at Limon • Deliver additional discoveries at Melonal, Limon porphyry, Porotillo, and other epithermals • Strengthen expectati
Slide 22: Competent Persons Statement
Competent Persons Statement 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 of the Australasian I
Slide 23: About Sunstone Metals
About Sunstone Metals Sunstone has an advanced portfolio of exploration projects in Ecuador. The portfolio comprises: •The Bramaderos Gold-Copper Project where Sunstone owns an 87.5% interest, and SolGold Canada, Inc. (formerly Cornerstone Capital Resources) a subsidiary of SolGold, holding 12.5% (l
Slide 24: 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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