Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Shareholder Meeting (November 2018)
22 slides from Sunstone Metals's shareholder meeting presentation, Nov 27, 2018
Slide 1: AGM November 2018
For personal use only ASX:STM AGM 27 November 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 PROJECT S. FINLAND GOLD Delivers large Protects downside ups
Slide 4: Corporate
CORPORATE For personal use only Listed on the Australian Stock Exchange ASX:STM $38.9M A$3.1M 1,214M ~40% 3.4% MARKET CAPITALISATION CASH SHARES ON ISSUE TOP 10 SHAREHOLDERS BOARD & MANAGEMENT Tightly held As at 23.11.18 - unaudited As at 23.11.18 Hold almost half of all Have participated in most At
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 Resources executive. Broad Mining Industry executive with a Mining industry executive with more Corporate finance
Slide 6: 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 7: 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 8: Ecuador
ECUADOR For personal use only Strongly promoting exploration and mining but dealing with impediments at the same time • 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 opportu
Slide 9: 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 10: 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 the comprehensive ESIA for the drill p
Slide 11: A reminder of how good this opportunity is
BRAMADEROS – A WORLD-CLASS OPPORTUNITY A reminder of how good this opportunity is …. 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. Limon 2. Bramaderos Main 3. West Zone 12
Slide 13: Limon - absolutely outstanding initial trench results
BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon - absolutely outstanding initial trench results For personal use only 97.6m at 0.71g/t gold and 0.23% copper at surface 13
Slide 14: 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 14
Slide 15: 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 16: 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 16
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: Viscaria Copper Project
VISCARIA COPPER PROJECT Advanced copper project in northern Sweden For personal use only • High quality copper project • Agreement to sell asset to Copperstone Resources AB; cash + shares, value ~A$45 million, closing Dec 2018 • Over 600kt copper resource with upside • PFS stage copper development o
Slide 19: Viscaria Copper Project: Transaction with Copperstone Resources AB
VISCARIA COPPER PROJECT Transaction with Copperstone Resources AB For personal use only • Sunstone has agreed to sell its 100% owned subsidiary ‘Avalon Minerals Viscaria AB’ which owns 100% of the Viscaria Copper project • Binding Share Sale and Purchase Agreement signed • Closure expected in early
Slide 20: Southern Finland Project
SOUTHERN FINLAND PROJECT Highly prospective gold exploration opportunity For personal use only • Over 700km2 held as 100% Exploration Reservations and Permits, and a JV with Nortec Minerals where STM holds ~82% • Area supported by infrastructure and can operate all year round • Operating gold mine a
Slide 21: 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 • Reduced scale exploration program • Copperstone Resources • Minor exploration activities ongoing while waiting for drill transac
Slide 22: Competent Persons Statement
COMPETENT PERSONS STATEMENT For personal use only The information in this report that in the report of the matters based on relates to exploration results and his information in the form and context exploration targets and results is based in which it appears. upon information reviewed by Dr. Refer
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