Sunrise Resources Plc · LSE:SRES
Sunrise Resources — Investor Presentation (February 2025)
28 slides from Sunrise Resources's investor presentation, February 2025
Slide 1: Company Presentation February 2025
Company Presentation February 2025 Sonic drilling, Pioche Project, Summer 2024
Slide 2: Directors
Directors Patrick Cheetham A geologist with over 40 years in exploration management and 35 Executive Chairman years as executive director of publicly traded companies. Currently Executive Chairman Tertiary Minerals plc. James Cole Chartered Accountant. Director of Goal Group, Formerly CFO for Non-Ex
Slide 3: Important Notice
Important Notice The content of information contained in these slides and the accompanying verbal presentation (together, the “Presentation”) has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (“FSMA”). Reliance upon this Presentation for
Slide 4: Strategy
Strategy Sunrise Resources is a low-cost project generator working in mining friendly, politically stable, Nevada, USA & Australia. Our Focus is on the development of our three key industrial mineral projects and in particular on the development of our mine-ready CS Pozzolan-Perlite Project. Our Str
Slide 5: CS Pozzolan-Perlite Project, Nevada
CS Pozzolan-Perlite Project, Nevada A “mine-ready” project Extracting 500t bulk sample of natural pozzolan from CS Project 5 Sunrise Resources plc
Slide 6: What is Natural Pozzolan and Perlite?
What is …? Natural Pozzolan • is a naturally occurring Supplementary Cementitious Material (“SCM”) • is used to partially replace and reduce the use of ordinary Portland cement, a major source of the greenhouse gas CO2, in cement mixes, concrete and mortars. It increases concrete durability. • takes
Slide 7: Cement companies have a carbon problem
Cement companies have a carbon problem Cement production (ordinary Portland cement or OPC) is currently responsible for 7-8% of global carbon emissions from: • Burning coal & natural gas • Burning limestone (to produce cement clinker1) (CaCO3 CaO + CO2) (1Cement clinker is an intermediate product th
Slide 8: Market Forecasts Cement & Natural Pozzolan
Market Forecasts Cement & Natural Pozzolan Market forecasts provided to the Company show that, considering the US as a whole: • The consumption of cementitious materials (including ordinary Portland cement) is forecast to increase at a 10% annualised rate from just over 129 million tonnes to over 15
Slide 9: CS Project - Mine Ready
CS Project - Mine Ready • Permitted for production – first drill hole to issue of mine permit in just 4 years. Mine Plan Full Build-out • Long-life project – 27-year mine plan targeting production of: ➢ 14.5 million tons of pozzolan at starting rate of 100,000t Northeast Zone per year, climbing up t
Slide 10: CS Pozzolan - Target Markets
CS Pozzolan - Target Markets Market forecasts provided to the Company for California and Nevada show that: Tonopah, Nevada • production of cement will increase in both states through increased use of SCMs in line with predicted national trends. • consumption of fly ash will increase only CS PROJECT
Slide 11: Hazen Pozzolan Project, Nevada
Hazen Pozzolan Project, Nevada Northern Nevada NEVADA CEMENT PLANT Northern California HAZEN PROJECT • Second pozzolan project for the Company. • Complementary to CS Project. • Targeting northern Nevada and northern California Location: pozzolan markets (CS Project targeting southern California and
Slide 12: Hazen Pozzolan Project, Nevada
Hazen Pozzolan Project, Nevada • . • Trial mining completed. • 250ton sample awaiting processing 12 Sunrise Resources plc
Slide 13: Pioche Sepiolite Project, Nevada
Pioche Sepiolite Project, Nevada Project Location: • 7 miles north of the historic mining town of Pioche, Lincoln County, Nevada • 35 miles from railhead at Caliente, Nevada What is Sepiolite? NEVADA Sepiolite is a non-swelling, lightweight, porous hydrous magnesium silicate clay with outstanding so
Slide 14: Exploration History
Exploration History Project History: Southeast flank of West Mesa Area • Sepiolite first discovered in 1976 at the West Mesa area. • Occurrence relocated and sampled by SR Minerals Inc. in April 2021. Sepiolite confirmed by XRD analysis. • First claims staked in September 2021. • Optioned to Tolsa U
Slide 15: Drilling 2023-2024
Drilling 2023-2024 • Twenty auger drill holes (SR- Prefix) competed in 2023. • Auger drilling is a low-cost, first pass drilling technique but susceptible to sample loss, Auger Drilling down hole 2022 poor contamination, depth control and depth imitations. 2023 Auger Drilling • Ten sonic drill holes
Slide 16: Drilling 2023-2024
Drilling 2023-2024 Scale:500m West Mesa East Mesa • Sepiolite found in the majority of drill holes • Drilling is too wide spaced (c. 300m between holes) to demonstrate grade continuity • East Mesa Area is a priority target. West Mesa/Discovery area has only one drill hole and is also a priority targ
Slide 17: Is only US sepiolite mine set to close?
Is only US sepiolite mine set to close? • Anticipating closure of IMV sepiolite mine in Amargosa Valley. • IMV is only US producer of sepiolite. IMV is subsidiary of multi-national (HQ Belgium) lime producer Lhoist. • Mine is hemmed in by Areas of Critical Environmental Concern. • BLM not granting p
Slide 18: Pioche Sepiolite Project, Nevada: Conclusions to date
Pioche Sepiolite Project, Nevada Conclusions to date • Extensive sepiolite beds have been discovered by drilling over an area 1.6 miles (NW-SE) x 0.8 miles (NE-SW). • Drill spacing is far too wide for effective correlation of sepiolite beds. • Drilling has not adequately tested the West Mesa (Discov
Slide 19: Reese Ridge Zn-Pb-Ag-Gallium Project, Nevada
Reese Ridge Zn-Pb-Ag-Gallium Project, Nevada • Drill ready target. • Excellent location next to highway SW of Battle Mountain. Good access over project with 4WD tracks. • Prospective for Carbonate Replacement/skarn/porphyry Cu-Mo style mineralisation. • High grade zinc-lead-silver values in oxidised
Slide 20: Surface Mineralisation
Surface Mineralisation • Unexpectedly high values of zinc returned from visually indistinct altered limestone. • Different signature to Type 1 mineralisation - low iron, no gossan formation. • Further mapping and sampling required as this type of material could have gone unrecognised by previous exp
Slide 21: 3D ZTEM Inversion – Drill Target
3D ZTEM Inversion – Drill Target Annular resistivity low underlies the surface mineralisation and surrounds a resistive core consistent with skarn/CRD/porphyry mineralisation model. Resistivity low Drill target CS Natural Pozzolan Deposit 21 Sunrise Resources plc
Slide 22: Garfield Royalty – 2% NSR
Garfield Royalty – 2% NSR • Original discovery of outcropping copper-gold-silver mineralisation made by Sunrise Resources. • Project sold to Golden Metal Resources ("GMET") • Project under active exploration by GMET. • GMET has defined significant coincident copper-in soil anomalies and magnetic ano
Slide 23: Crow Springs Diatomite Royalty –US$6/t
Crow Springs Diatomite Royalty –US$6/t • Project recently sold to Dicalite Management Group (“Dicalite”), a leading producer of diatomite. • Sunrise retains right to royalty payment of $6/dry ton of ore delivered to Dicalite's nearby processing plant. • Documents being readied by Dicalite for submis
Slide 24: Jacksons Wash Gold (Sale & Royalty)
Jacksons Wash Gold (Sale & Royalty) • Currently under lease/option to major gold producer Kinross Gold Corporation ("Kinross"). • Kinross may purchase the project for US$500,000 and payment to Sunrise of 2.5% Net Smelter Return ("NSR") Royalty. • Leased claims form a part of Kinross' Montezuma Gold
Slide 25: Stonewall Royalty Interest – 2% NSR
Stonewall Royalty Interest – 2% NSR • Project sold to Golden Metal Resources ("GMET") • Target for epithermal gold silver in large outcropping vein system. • Sunrise holds a 2% Net Smelter Return Royalty. 25
Slide 26: Overview - Other Projects
Overview - Other Projects The Company also has a significant portfolio of industrial mineral and precious metal projects. These projects present an attractive pipeline of projects held for exploration, sale and the generation of additional royalty interests. Industrial Mineral Projects (Nevada) • Ne
Slide 27: The Investment Case
The Investment Case AIM: “SRES” • Balanced portfolio of advance stage, exploration and royalty interests seeks to mitigate risk from over exposure to any Management’s shareholdings one single project. aligned with investors’ interests • Three Key Projects in Nevada with strong fundamentals form a st
Slide 28: Thank You For Your Attention
THANK YOU FOR YOUR ATTENTION Contact: info@sunriseresourcesplc.com
Sunrise Resources — Investor Presentation (February 2025) on 6ix