Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Avalon Minerals — Shareholder Meeting (November 2009)
24 slides from Sunstone Metals's shareholder meeting presentation, November 2009
Slide 1: Avalon Minerals AGM
AVALON minerals ltd Developing and discovering copper deposits in Sweden AGM November 2009
Slide 2: Vision - to become a regional copper producer in Sweden
AVALON MINERALS LTD Vision - to become a regional copper producer in Sweden Stage 1 - start up 2012 – 14,000 tpa Cu Stage 2 - double production 2016 – 20,000 tpa Cu
Slide 3: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Avalon Minerals and its projects, are forward-looking statements. Such forward-looking statements: • are necessarily based upon a number of estimates and assumpt
Slide 4: Sweden – A New Era
Sweden – A New Era 1 in Iron Ore 2 in Gold 2 in Copper 2 in Silver Europe’s Largest open cut – Aitik 20mt /annum
Slide 5: Viscaria
Viscaria History Discovered in 1970’s – 4km from Kiruna 12.3mt @ 2.3% Cu production from 1982-1997 Phelps Dodge – 2003-2008 (no activity) Avalon purchase - March 2008 - May 2008 – JORC 24.1mt @ .8% Cu – B Zone - May 2008 – JORC 2.5mt @ 1.6% Cu D Zone - July 2008 – JORC 5.3mt @ 1.3% Cu - A North Zone
Slide 6: A New Mineral Field – IOCG and VMS
A New Mineral Field – IOCG and VMS 200km2 tenements Viscaria unit extends north for 40km Anglo, Rio new IOCG discovery 10km south 4 Regional – Viscaria type targets
Slide 7: Mineral Resources & Targets
Mineral Resources & Targets 3 Parallel zones JORC Inferred Resources A, B & D Zones Zones Existing Cu % D 2.5mt 1.6% B 24mt .8% A Zone North 5.3mt 1.2% A Zone South 8.2mt 2.7%
Slide 8: Viscaria Resource Targets
Viscaria Resource Targets
Slide 9: Potential Remnants – South Mine
Potential Remnants – South Mine
Slide 10: A Zone South - Targets
A Zone South - Targets Vise A001 = 44m @ 5.0% Cu ———— OT 8.1m @ 10.33% Cu oY, 5.3m @ 10.19% Cu — 14.8m @ 5.54% Cu 0 21.2m @ 12.59% Cu 3.1m @ 5.5% Cu E f Z ‘ ‘ —— _— 200m Sy TP 23.3m @ 4.19% Cu [ 8.3m @ 3.12% Cu Visc AOO1D1_ ~ _-7” (27m @ 4.58% Cu Z Vise A001D2 — Uniested | No Drilling | f tid (30.0m
Slide 11: Geological Model
Geological Model
Slide 12: Viscaria Will Produce Again
Viscaria Will Produce Again FEASIBILITY STUDY Capacity - 500,000 tpa @2.6% Cu Concentrate - 50,000 t @ 28% Cu/annum Copper - 14,000tpa Copper price - US $6,600/t ( $3.00/lb) Outokumpu costs (1998) - $.60US/lb
Slide 13: Viscaria Fly Over
Viscaria Fly Over
Slide 14: 40km EM Conductors
40km EM Conductors : Target 2 [7,540,000 mN minerats itd
Slide 15: D Zone - Magnetics
D Zone - Magnetics s ° 2 re 4 B-Zone Resource
Slide 16: Mining and Geology
Mining and Geology Personnel & Infrastructure MSP Engineering – feasibility studies Fergus Hart – Study Manager Previous Viscaria Mine Foreman has been retained Exploration Manager – Louise Lindskog Project Geologist Sweden – Nigel Baker CSA Global - Resources TGB Drillers of Kiruna appointed Swedis
Slide 17: Viscaria Conceptual Flow Chart
Viscaria Conceptual Flow Chart 2009 2010 2011 2012 Pre-feasibility Metallurgy Permitting Drilling Definitive Feasibility Study Construction & Development Mining
Slide 18: Photos
Photos
Slide 19: Infrastructure at Viscaria
Infrastructure at Viscaria Viscaria benefits from existing infrastructure– 10km Decline and 20km of development drives – ($50m replacement cost) Accommodation in Kiruna Town – (population 20,000) House & office established at Kiruna Hydro-grid power Rail & road Experienced workforce Daily flights fr
Slide 20: Viscaria Strengths
Viscaria Strengths High Grade A Zone > 3% Cu Large system (4km) + multiple zones (x3) Open at depth and along strike Existing decline and unmined stopes Copper smelters in country- Ronskarr Early cash flow and growth opportunities Regional producer benefits- area of influence Regional exploration ta
Slide 21: Tonnes & Grade
15a ource (Million Tonne T 2.50 an —— 2.00 wy val Paces eid E © oY : is (%) apeio pea} aBesany aosnosay ng lav je
Slide 22: Photos
AVALON minerats itd
Slide 23: Competent Persons Statement
Competent Persons Statement The information in this report relating to Exploration Results is reviewed by Ms Louise Lindskog BSc Hons (Geol) who is a Member of the Australasian Institute of Mining and Metallurgy and is the company’s Exploration Manager who is a full- time employee. Ms Lindskog has o
Slide 24: Contact Details
Contact Details Suite 2 2 Richardson Street West Perth WA 6005 Australia Telephone: +61 8 9322 2752 Facsimile: +61 8 9322 2827 PO Box 165 West Perth WA 6872 Australia [email protected] [email protected] www.avalonminerals.com.au
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