Sunstone Metals Ltd · ASX:STM
Sunstone Metals — Avalon Minerals — Shareholder Meeting (November 2016)
23 slides from Sunstone Metals's shareholder meeting presentation, November 2016
Slide 1: Avalon Minerals Ltd
MINERALS LTD.
Slide 2: Disclaimer
DISCLAIMER DISCLAIMER FORWARD-LOOKING STATEMENTS To the maximum extent permitted by law, no This Presentation includes certain statements that may be representation, warranty or undertaking, express or implied, deemed “forward-looking statements”. All statements in this is made and, to the maximum e
Slide 3: Focussed & Undervalued
FOCUSSED & UNDERVALUED → COPPER and GOLD → SECURE TENURE → OPERATING IN MINING DISTRICTS AND MINING COUNTRIES → GEOGRAPHIC FOCUS → HIGH QUALITY INFRASTRUCTURE IN PLACE → LOW MARKET CAPITALISATION
Slide 4: Corporate
CORPORATE TICKER ASX:AVI Top 10 shareholders hold 55% of shares on issue Frankfurt:AL9 Board and management hold 3.3% and have SHARE PRICE* A$0.025 participated in recent placements SHARES ON ISSUE 520.4 million European and UK shareholders total 43% MARKET CAP A$13M CASH# A$1.0M 52 WEEK TRADING A$0
Slide 5: A High Quality Leadership Team
A HIGH QUALITY LEADERSHIP TEAM Chairman Resources executive. Broad global experience with large companies and building juniors Graham Ascough Current Musgrave, PNX Metals, Mithril; Previous Falconbridge-Noranda CEO and Managing Director Geologist and Business Development. Track record of discovery a
Slide 6: Gold and Copper Focus
GOLD AND COPPER FOCUS Southern Finland Gold Project – multiple prospects, early results very encouraging Satulinmäki Prospect: large gold system, high grade zones within large low grade system Includes 147.0m at 0.8 g/t gold from 73m in SMDD007, Including 23.5m at 3.3g/t from 143m includin
Slide 7: Southern Finland Gold Project
SOUTHERN FINLAND GOLD PROJECT • 2,400km2 held under exploration reservation, and a JV with Nortec Minerals • Supported by infrastructure • Can operate all year round • Historical exploration by the Finnish Geological Survey has identified multiple gold occurrences • Initial drilling by Avalon delive
Slide 8: Satulinmäki Gold
SATULINMÄKI GOLD • Very early days, very strong discovery potential • High grade zones • Visible gold • Local high grade veins • All within a large gold system that is several hundred meters long
Slide 9: Satulinmäki Gold
SATULINMÄKI GOLD • Mappable structures deliver rich suite of target areas • Historical mapping of GOLD CORRIDOR arsenopyrite supports larger gold target areas • Avalon to complete 3-D Induced Polarisation to map sulphides and 4 km alteration associated with gold
Slide 10: Satulinmäki Gold
SATULINMÄKI GOLD Next phase of work • Induced Polarisation to map sulphides and alteration • Drilling to further define system • Test areas that have seen no previous drilling
Slide 11: Viscaria Copper Project
VISCARIA COPPER PROJECT A high quality copper project in a strengthening copper price environment A copper development opportunity in a mining district Development permitting in progress PROJECT SITE PUBLIC ACCESS ELECTRIC RAIL KIRUNA TOWN LOW COST HYDRO POWER
Slide 12: Viscaria Copper Project
VISCARIA COPPER PROJECT Viscaria Kiruna LKAB Copper orebodies shown in orange
Slide 13: Viscaria Copper Project
VISCARIA COPPER PROJECT An advanced stage copper development opportunity with significant upside potential Mineral Resource estimate 52.4Mt at 1.2% Cu - 65% Measured and Indicated (Refer Annual Report released 16 August 2016, Mineral Resource Estimate table and the Competent Persons Statement at t
Slide 14: Viscaria Copper Project
VISCARIA COPPER PROJECT • Strong results from VDD 195 21.5m at 1.5% Cu, including 3m at 2.3% Cu and, 9.9m at 2.2% Cu drilled outside of the area of the mineral resource estimate demonstrates that the northern shoot will grow • This hole was drilled below VDD 193 which intersected 26.7m at 2.6% Cu •
Slide 15: Viscaria Copper Project
VISCARIA COPPER PROJECT N D Zone orebody; black • An incredibly compelling upside dashed line opportunity D Zone Magnetic model; green, blue, • D Zone copper host is 50-70% yellow domains magnetite – simple process to model host to deliver orebody geometry • 3-D and plate modelling of VDD196 VDD195
Slide 16: Viscaria Copper Project
VISCARIA COPPER PROJECT • AND …. A & B Zones will deliver more copper as well • There is more copper within the open pit development scenario than the historical mineral resource estimate suggests • This is confirmed by Avalon drilling from 2014 (VDD 182) and detailed reviews of historical drill hol
Slide 17: Viscaria Copper Project
VISCARIA COPPER PROJECT • Mine scale orebody extensions have low technical risk • Exploration success can be delivered within 5km • A rich portfolio of near mine targets to add to the scale of the project
Slide 18: Kietyonmäki Lithium Deposit
KIETYONMAKI LITHIUM DEPOSIT • Next stages of work being planned • Upside potential requires testing with grid drilling in belts of mapped pegmatites Drill assay results from KMDD001 • High grade From To (m) Interval Li2O (%) Nb2O5 Ta2O5 system (m) (m) (ppm) (ppm) confirmed 14.00 15.00 1.00 0.60 131.
Slide 19: Avalon Minerals
AVALON MINERALS • COPPER and GOLD • SECURE TENURE • OPERATING IN MINING DISTRICTS AND MINING COUNTRIES • GEOGRAPHIC FOCUS • HIGH QUALITY INFRASTRUCTURE IN PLACE • HIGH QUALITY TEAM • LOW MARKET CAPITALISATION
Slide 20: Viscaria D-Zone
VISCARIA D-ZONE Assay results from eleven diamond drill holes were received during the 2015-2016 year and significant intersections are included in the table to the right (refer to ASX announcements dated 2 July 2015, 15 July 2015, 11 August 2015, 2 September 2015, 21 September 2015, 20 October 2015
Slide 21: Mineral Resource Estimate
MINERAL RESOURCE ESTIMATE Table: Currently Defined Mineral Resource for Copper reported on the Viscaria Project (JORC 2012) Resource Name Classification Tonnes (t) Cu Grade (%) Cu Metal (t) Measured 14,439,000 1.7 240,000 Indicated 4,690,000 1.2 57,200 A Zone Inferred 2,480,000 1.0 25,500 Subtotal 2
Slide 22: Competent Persons Statement
COMPETENT PERSONS STATEMENT Competent Persons Statement The information in this report that relates to exploration results and exploration targets and results is based upon information reviewed by Mr Malcolm Norris who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Norris is
Slide 23: patidnatinan
patidnatinan
Avalon Minerals — Shareholder Meeting (November 2016) on 6ix