Sunstone Metals Ltd · ASX:STM

Sunstone Metals — Sydney Resources Round-up May 2018

27 slides from Sunstone Metals's conference presentation, May 2018

  1. Slide 1: Sydney Resources Round-up; May 2018

    ASX:STM Sydney Resources Round-up; May 2018

  2. Slide 2: Disclaimer

    DISCLAIMER 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 looking statements”. All st

  3. Slide 3: A Compelling Investment Opportunity

    A COMPELLING INVESTMENT OPPORTUNITY Three projects | Copper and Gold | Discovery and Development ECUADOR SWEDEN FINLAND GOLD & COPPER GOLD & COPPER LITHIUM VISCARIA BRAMADEROS VISCARIA SOUTHERN PROJECT PROJECT FINLAND GOLD PROJECT S. FINLAND GOLD Delivers large Protects downside upside risk; provide

  4. Slide 4: Corporate

    CORPORATE Listed on the Australian Stock Exchange ASX:STM $35.4M A$4.4M 1,142M ~40% 3.5% MARKET CAPITALISATION CASH SHARES ON ISSUE TOP 10 SHAREHOLDERS BOARD & MANAGEMENT Tightly held As at 31.03.18 - unaudited As at 31.03.18 Hold almost half of all Have participated in all placements At share price

  5. Slide 5: Value Growth Through Discovery

    VALUE GROWTH THROUGH DISCOVERY Sunstone is the only ASX-listed junior providing direct junior company exposure to ‘booming’ Ecuador • Shareholder value growth delivered through discovery, a supportive market, risk management, and sustained by delivering a clear pathway to development – secure title,

  6. Slide 6: Highly Experienced Management Team

    HIGHLY EXPERIENCED MANAGEMENT TEAM 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 role Geologist with 12 ye

  7. Slide 7: There's a Lot Going On in Ecuador

    THERE’S A LOT GOING ON IN ECUADOR Ecuador is booming; very active 2016 exploration and development scene JV proposal over Cascabel rejected by SolGold Sunstone represents the only ASX listed 2017 junior to provide direct exposure to this Acquired exploration concessions with reports of potential com

  8. Slide 8: Bramaderos – A World-Class Opportunity

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY A strong commitment to community and environment • Regular local community meetings and information sessions on current and planned work programs • Environmental and water studies completed as part of drill permit process. Water Permit received • Drill permit p

  9. Slide 9: Bramaderos – A World-Class Opportunity

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Matching the team with the opportunity 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 agreement with TSXV li

  10. Slide 10: Bramaderos – Multiple targets, very good location

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Multiple targets, very good location Bramaderos Main Porotillo Gold-Copper Gold-Copper Pan American Limon Gold- Highway Copper to north Photo taken from West Zone Epithermal Gold target looking southeast 10

  11. Slide 11: Multiple porphyry gold-copper and epithermal gold-silver targets

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Multiple porphyry gold-copper and epithermal gold-silver targets Multiple targets developed from multiple datasets At least 3 targets to be drill tested in Phase 1 drilling Bramaderos Main West Zone Limon 11

  12. Slide 12: Bramaderos Main delivering strong trench results

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main delivering strong trench results • 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 geometry of the mineralisati

  13. Slide 13: Bramaderos Main – surface mineralisation and 3-D geophysics

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Bramaderos Main – surface mineralisation and 3-D geophysics 13

  14. Slide 14: Additional targets from 3-D magnetics modelling

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Additional targets from 3-D magnetics modelling • 3-D modelling of a subset of the detailed heli-magnetics • Significant anomalies modelled at Bramaderos Main and Porotillo • Vertical extent > 1km • Modelled bodies project to surface in areas of anomalous gold

  15. Slide 15: Additional targets from 3-D magnetics modelling

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Additional targets from 3-D magnetics modelling • 3-D modelling of a subset of the detailed heli-magnetics • Significant anomalies modelled at Bramaderos Main and Porotillo • Vertical extent > 1km • Modelled bodies project to surface in areas of anomalous gold

  16. Slide 16: Limon - absolutely outstanding initial trench results

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon - absolutely outstanding initial trench results • Breakthrough, high grade results • A ‘window’ into a significant porphyry system 35.9m at 0.92g/t gold and 0.4% copper at surface and open – trenching continuing 16

  17. Slide 17: Limon - absolutely outstanding initial trench results

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY Limon - absolutely outstanding initial trench results 17

  18. Slide 18: West Zone delivering strong trench results

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY West Zone delivering strong trench results • 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 at 6.14 g/t Au and 6.

  19. Slide 19: West Zone delivering strong trench results

    BRAMADEROS – A WORLD-CLASS OPPORTUNITY West Zone delivering strong trench results • 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 at 6.14 g/t Au and 6.

  20. Slide 20: Viscaria Copper Project

    VISCARIA COPPER PROJECT Advanced copper project in northern Sweden • High quality copper project • Over 600kt copper resource • PFS stage copper development opportunity in a mining district • Development permitting in progress • Exceptional exploration upside PROJECT KIRUNA PUBLIC ACCESS LOW COST SI

  21. Slide 21: Viscaria Copper Project – Outstanding Location

    VISCARIA COPPER PROJECT Outstanding Location A Zone previously mined, other orebodies not Copper Kiruna Viscaria orebodies shown in Mineral Resource orange estimate 52Mt at 1.2% Cu (JORC 2012)* LKAB 18Mt subset of that used in 2016 Scoping Study* *See ASX announcements 14th Dec 2015 and 5th April 20

  22. Slide 22: Viscaria Project – D Zone

    VISCARIA PROJECT – D ZONE Considerable upside potential laterally to the south and down plunge 1.0m @ 1.5% Cu 5.1m @ 2.23% Cu 5.3m @ 2.0% Cu 26.7m @ 2.6% Cu 3.0m @ 2.3% Cu, and 9.9m @ 2.2% Cu 22

  23. Slide 23: Viscaria Project – Near-Mine Targets

    VISCARIA PROJECT – NEAR-MINE TARGETS Several kilometers of target horizon for D and A Zone analogues • Exploration upside is very compelling • Multiple ‘VMS’ targets similar to A Zone and D Zone • In addition, there are a series of ‘Iron Oxide Copper’ targets. Sunstone has drilled 3 to date, Nihka,

  24. Slide 24: Planned Work and News Flow

    PLANNED WORK AND NEWS FLOW ECUADOR SWEDEN FINLAND BRAMADEROS GOLD-COPPER VISCARIA COPPER PROJECT SOUTHERN FINLAND GOLD AND PROJECT LITHIUM PROJECTS • Active exploration program; • At >US$3/lb copper price • Work program planning in Q2 mapping, rock chip sampling, soil environment - very attractive 2

  25. Slide 25: Multi Disciplinary Strong Board

    MULTI DISCIPLINARY STRONG BOARD 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 executive with over 2

  26. Slide 26: Viscaria Copper Project Mineral Resource Estimate

    VISCARIA COPPER PROJECT Mineral Resource Estimate Resource Area Classification Tonnes (Mt) Cu Grade (%) Contained Cu (kt) Measured 14.44 1.7 240.0 Indicated 4.69 1.2 57.2 A Zone Inferred 2.48 1 25.5 Subtotal 21.61 1.5 322.7 Measured 0.12 1.3 1.6 Indicated 4.12 0.7 29.7 B Zone Inferred 15.41 0.8 118.

  27. Slide 27: Competent Persons Statement

    COMPETENT PERSONS STATEMENT The information in this report that relates to exploration results and The information in this report that relates to the updated D Zone exploration targets and results is based upon information reviewed Mineral Resource estimate is based on the information compiled by by

Sunstone Metals — Sydney Resources Round-up May 2018 on 6ix