Nevada Cu/Co Nevada Sunrise Gold Corp. Cobalt and Copper - - PowerPoint PPT Presentation

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Nevada Cu/Co Nevada Sunrise Gold Corp. Cobalt and Copper - - PowerPoint PPT Presentation

Oct 06, 2022 47 likes •278 views

Nevada Cu/Co Nevada Sunrise Gold Corp. Cobalt and Copper Exploration in Nevada, USA March 2018 Nevada Cu/Co FORWARD LOOKING STATEMENTS All statements in this document regarding Nevada Sunrise Gold Corp.s copper and cobalt

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Nevada Cu/Co

Nevada Sunrise Gold Corp.

“Cobalt and Copper Exploration in Nevada, USA”

March 2018

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Nevada Cu/Co

FORWARD LOOKING STATEMENTS

All statements in this document regarding Nevada Sunrise Gold Corp.’s copper and cobalt exploration projects, other than statements of historical fact, are "forward‐looking information" with respect to Nevada Sunrise Gold Corp. ("Nevada Sunrise, or “NEV") within the meaning of applicable Canadian securities laws, including statements that address future mineral production, reserve potential, exploration drilling, the current or future price of lithium, potential quantity and/or grade of minerals, potential size of a mineralized zone, potential expansion of mineralization, the timing and results of future resource estimates, or other study, proposed exploration and development of our exploration properties and the estimation of mineral resources. Forward‐looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Nevada Sunrise to differ materially from those anticipated in such forward‐looking information.

Robert M. Allender, Jr., CPG, RG, SME is the designated qualified person for Nevada Sunrise within the meaning of National Instrument 43‐101 and has reviewed and approved the technical information contained in this document for the Nevada Sunrise copper and cobalt projects.

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Nevada Cu/Co

Nevada Sunrise Snapshot (TSXV:NEV)

Shares I/O: 40,439,000 Fully Diluted: 54,811,228 Market Cap: $5.66 million

(as of March 29, 2018 close)

  • IPO’ed on TSXV in Sept. 2008 as

a Nevada gold explorer

  • Early adopter of prospect

generator model Principals Warren Stanyer, Director & CEO Michael Sweatman, CPA, Director Suraj Ahuja, P.Geo., Director Cory Kent, LLB, Director Charles Roy, P.Geo., Director Brent Petterson, CPA, CFO Christina Boddy, Corp. Secretary

52‐week price range $0.115 to $0.35

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Nevada Cu/Co

Nevada: the Right Place, the Right Time

  • All of NEV’s mineral projects

are located in a “superior” mining jurisdiction (Fraser Institute,

2017)

  • Good access and infrastructure

for every project, thanks to more than a century of exploration activity

  • Nevada Sunrise has assembled

experienced, project‐specific geological consultants

NEV drilling at Neptune Lithium Project

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Nevada Cu/Co

Our Exploration Philosophy

  • Identify prospective

geology

  • Confirm presence of

target minerals by surface sampling

  • Acquire geophysical

data

  • Integrate data for

drill targeting

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Nevada Cu/Co

Where In The World Is All The Cobalt?

  • The majority of the world’s

cobalt currently comes from the Congo (Kinshasa) – critics point out some production is achieved by child labour

  • “Critical” means you need it
  • “Strategic” means you

don’t have it

  • Cobalt is not yet considered a

“critical” mineral, but it has the potential to become one

  • US production is negligible
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Nevada Cu/Co

How Much Copper Will the World Need?

  • Recent studies

highlight the needs of the booming EV sector.

  • An EV needs

about 4 times more copper than a traditional IC engine vehicle.

Source: Wood Mackenzie

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Nevada Cu/Co

  • Mining for copper, cobalt and

nickel in the Stillwater Range ceased in the early 1900s

  • The potential for IOCG‐style

deposits was recognized by geologists in 2000, but still under‐explored

  • Copper, cobalt and nickel

deposits were held in claims for decades without work – little to no data!

Who Knew There Was Cobalt in Nevada?

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Nevada Cu/Co

Stillwater Range, North-Central Nevada

Lovelock Mine & Treasure Box are located approx. 40 miles s. of Lovelock, NV

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Nevada Cu/Co

Lovelock Cobalt Mine

Lovelock Cobalt Mine ‐ waste pile in foreground in front of main shaft

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Nevada Cu/Co

Treasure Box-Boyer Mine Copper Properties

Recent Outcrop Sampling on Boyer Mine property

The Treasure Box and Boyer Mine copper properties are

  • approx. 1,300

acres of contiguous claims – consolidated in

  • Feb. 2018 for the

first time in decades

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Nevada Cu/Co

Stillwater Range: Total Magnetics with Lovelock Mine and Treasure Box Claims

Airborne Mag Survey

Lovelock Cobalt Mine Boyer Copper Mine

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Nevada Cu/Co

Stillwater Range: Geology with Lovelock Cobalt Mine and Treasure Box Mine

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Nevada Cu/Co

“The extensive ground covered by the preserved Jurassic‐Tertiary unconformity in this portion of the HMC suggests there is sufficient area for large tonnages of supergene‐enriched IOCG‐style mineralization…Favorable processing coupled with supergene metal upgrades, makes this target very attractive for future exploration in the region.” Theodore DeMatties, Ore Geology Reviews 86 (2017) p.366–381, 2017

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Nevada Cu/Co

Lovelock Mine – Historical Co-Ni-Cu Production

  • Limited production
  • f high‐grade

cobalt, nickel, and copper began in 1883 until 1890

  • 500 tons of

concentrated cobalt and nickel mineralized material was shipped to Britain for processing

Hand‐cut tunnel at the Lovelock Mine

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Nevada Cu/Co

Lovelock Mine 2017-2018 Rock Sampling Program

  • Representative

rock samples were taken in during site visits in 2017 and 2018

  • Significant

values of cobalt, nickel and copper were found

Robert (“Chip”) Allender. Jr. and Warren Stanyer at Lovelock Mine

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Nevada Cu/Co

Lovelock Mine – Rock Sampling 2017-2018

Sample No. Location Cobalt (%) Nickel (%) Copper (%) Silver (g/t)

LCR‐670b Lovelock Mine waste 1.98 3.12 0.22 4.79 LCoR‐5 Lovelock Mine adit 1.81 3.05 0.65 32.0 LCoR‐7 Lovelock Mine waste 0.41 0.22 4.91 48.0 LCR‐670a Lovelock Mine waste 0.16 0.40 2.06 29.69 LCR‐670c Lovelock Mine waste 0.28 0.65 0.58 1.94

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Nevada Cu/Co

Treasure Box – Rock Sampling 2017

Sample No. Location Copper

(%)

Gold (g/t) Silver (g/t) Primary Mineralization

TR‐667a Treasure Box W. Shaft mine waste 41.56 trace 4.69 Sulfide TR‐658 Boyer Mine historical adit 19.86 trace 4.51 Sulfide TR‐668 Treasure Box historical trench 13.20 0.38 124.0 Oxide TR‐667c Treasure Box West Shaft mine waste 10.98 trace 1.83 Oxide TR‐669a Main Treasure Box mine adit 4.27 trace 0.56 Oxide TR‐664 Treasure Box East float 4.19 trace 47.57 Oxide

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Nevada Cu/Co

Lovelock Mine - Geophysical Plan 2017

Phase 1

  • Sept. 2016
  • Initial 4.2

kilometre reconnaissance DC resistivity‐ induced polarization survey

  • Stations were

spaced 25 to 50 metres (80‐160 feet) apart on five lines

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Nevada Cu/Co

Lovelock Mine - Geophysical Results 2017

  • Red areas: low

resistivity and interpreted alteration

  • Green areas:

chargeability highs to ~200m depth related to structure and possible mineralization

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Nevada Cu/Co

  • Robert (“Chip”) Allender, Jr., CPG ‐ 38‐year career as a geologist on 6

continents and 20 countries in exploration and mine development. Authored technical reports for Neptune and Jackson Wash lithium projects in 2016 and supervised lithium brines exploration for Nevada Sunrise in 2016‐2017.

  • Theodore (“Ted”) DeMatties, CPG, P.G. ‐ Over 40 years of geological

experience in the U.S. and Canada. Since 1984 in managerial and supervisory positions with E.K. Lehmann and Associates. Emphasis on VMS, magmatic copper‐nickel‐PGM, IOCG deposits; proven discovery

  • record. Strong background in geologic mapping, core logging,

geophysical methods, preparation of technical reports, permitting and regulatory issues. An independent geological consultant since 1993.

Technical Advisors & Consultants

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Stillwater Properties- Next Steps

  • Applications to the BLM for

Notice of Intent to Drill (“NOI”) for diamond drilling programs at Lovelock Mine and Treasure Box – Boyer Mine properties

  • Biological and cultural surveys

in spring 2018 required by BLM

  • Ground geophysics in 2018 to

integrate with previous results

  • Regional prospecting and data

review

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Nevada Cu/Co Thank you!

For further information, contact: Warren W. Stanyer, President & CEO

Nevada Sunrise Gold Corporation

Suite 1100 – 1111 Melville Street, Vancouver, B.C., Canada V6E 3V6 PH: (604) 428‐8028 Cell: (604) 218‐5931 email: warrenstanyer@nevadasunrise.ca Web: www.nevadasunrise.ca