Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal - - PowerPoint PPT Presentation
Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal - - PowerPoint PPT Presentation
Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal April 2016 Nevada Lithium FORWARD LOOKING STATEMENTS All statements in this document regarding Nevada Sunrise Gold Corp.s lithium exploration projects, other than
Nevada Lithium
FORWARD LOOKING STATEMENTS
All statements in this document regarding Nevada Sunrise Gold Corp.’s lithium exploration projects,
- ther 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
- f 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",
- r 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.
John R. Kerr, P.Eng., is the designated qualified person for Nevada Sunrise within the meaning of NI 43‐101 and has reviewed and approved the technical information contained in this document for the Nevada Sunrise lithium projects.
Nevada Lithium
Nevada Sunrise – The Right Place, Right Time
- Lithium projects located in a
superior jurisdiction, Nevada
- Only producing lithium mine in
North America is nearby
- Experienced technical team
with lithium exploration and development experience
- Drill permit received for 2016
- Option‐to‐purchase water rights
fundamental to exploration and development in Clayton Valley
Nevada Lithium
Water Rights Acquisition – Clayton Valley
- Clayton Valley is “over‐
allocated” for water use in the most highly‐ regulated US state
- Main consumer of water
in Clayton Valley is Albemarle’s Silver Peak lithium mine
- In Jan. 2016 NEV acquired
an option on 1,770 acre/ft./yr. of water rights for future development
Town of Silver Peak, NV with view of lithium mine
Nevada Lithium
Nevada Sunrise Snapshot (TSXV:NEV)
Shares I/O: 33,087,154 Fully Diluted: 43,685,070 Market Cap: $9.26 million (as of April 15, 2016 close)
- Listed on TSXV in Sept. 2008
- IPO as gold explorer in Nevada
Principals Warren Stanyer, Director & CEO Michael Sweatman, Director Suraj Ahuja, Director Cory Kent, Director Charles Roy, Director Brent Petterson, CFO Christina Boddy, Corp. Secretary
Share price ‐ 52‐week Share Price ‐ 52‐week
Nevada Lithium
How Did NEV Find Its Lithium Properties?
Nevada Lithium
NEV Lithium Projects
- Neptune (6,320 acres)
- Clayton NE (1,000 acres)
- Jackson Wash (2,600 ac.)
- Atlantis (2,980 acres)
- Aquarius (1,340 acres)
- Gemini (4,940 acres,
50‐50 agreement with Eureka Resources)
Projects total 19,180 acres
Draft
Drill permit rec’d
Nevada Lithium
Lithium Market
- Lithium price is
currently volatile and subject to spikes on tight supply
- Demand is
projected to increase 20% by 2017 (Citi Research,
2015)
Nevada Lithium
What’s Driving Lithium Demand?
Tesla EV Chevy Bolt EV Fiat EV Mercedes EV Elon Musk and Powerpack battery Concept car?
Nevada Lithium
Where In The World Is All The Lithium?
(tons) (tons)
Nevada Lithium
Lithium Deposit Types
Hard Rock Deposits Clay Deposits Brine deposits
Nevada Lithium
The Solution: New Extraction Technology
- Lithium produced
within hours instead
- f months.
- Low use of
energy and water resources.
- Pilot testing is
underway by Tenova‐ Bateman and Posco.
Nevada Lithium
- Geology career began in 1986 at the Round Mountain Gold
Mine in central Nevada, and became the supervisor in charge of hydrogeology, well drilling and dewatering
- Joined Chemetall‐Foote Corp in 2000 at the Silver Peak
lithium mine ‐ responsible for the lithium brine well field system, delineating Clayton Valley aquifers, exploration drilling to define the lithium brine reserves and increase brine production
- Author of the landmark 2003 paper, "Hydrogeology of
Clayton Valley Brine Deposits, Esmeralda County, Nevada"
Dan Zampirro, CPG – Technical Advisor
Nevada Lithium
- 38‐year career as a geologist on 6 continents and
20 countries in exploration and mine development
- Broad range of experience in precious metals,
base metals, industrial minerals and fuel minerals
- Acted as Qualified Person and wrote technical
reports for Neptune and Jackson Wash in 2011
- Contracted to supervise drilling on‐site at
Neptune in 2016
Robert (“Chip”) Allender, Jr., CPG
Nevada Lithium
- Over 50 years of continuous employment in the
mining industry, with 45 years experience in Nevada.
- Expertise in epithermal and sedex‐hosted precious
metal deposits in the SW United States, gold deposits and porphyry copper/gold/molybdenum deposits of the western Cordillera
- Discovery of the Santa Fe gold mine, the Mindora
gold/silver deposit, and identification of the Calvada gold mine, all located in Mineral County, Nevada.
John R. Kerr, P.Eng – Qualified Person
Nevada Lithium
Esmeralda County is Lithium Country!
Projects selected on integration of geology, ASTER spectral imaging, gravity data & geochemistry. All in drainage areas, each hosting a sub‐ basin.
Nevada Lithium
- Only lithium mine
in North America
- ~6,000 metric
tonnes of LCE produced in 2014 (estimated)
- Producing since
1966
- Now owned by
Albemarle Corp. ‐ part of a US$6.2 billion takeover of Rockwood Lithium in 2015.
Evaporative Ponds at Silver Peak, NV
Silver Peak, NV Lithium Mine
Nevada Lithium
West Clayton Valley & the White Mountains, view WNW
Clayton Valley Basin
Nevada Lithium
NEV Exploration Philosophy
- Identify prospective
geology
- Confirm presence of
lithium by surface sampling
- Acquire geophysical
data
- Integrate data for
drill targeting
Nevada Lithium
Banded Rhyolite Flow, Lithium Source Rock
S.E. Clayton Valley Local Geology
Nevada Lithium
Biogeochemical Sampling Programs
Atlantis Project Gemini Project
Nevada Lithium
Geophysical: Surface gravity survey
Gemini Project
Gravity survey by University of Texas, Dallas
- utlined two
deep, sub‐ basins in Lida Valley – Gemini East and Gemini West
Nevada Lithium
Geophysical: Time Domain EM survey
Gemini Project
2016 TDEM survey detected conductive horizons interpreted be brines
Drill target: Lithium brines accumulate in gravel, ash and salt layers creating aquifers
(Zampirro, 2003)
Clayton Valley Aquifer System
Nevada Lithium
HOT MAGMATIC FLUIDS
Nevada Lithium
Lithium: A Metal With Benefits
The makers of 7‐Up added lithium citrate to their formula from 1929 to 1950, with slogans like:
- “More than a
mixer”
- “Dispels hangovers”
- “Takes the ouch out
- f grouch!”
Nevada Lithium
Nevada Sunrise has acquired rights to 6 lithium exploration properties in the most prospective area of Nevada for lithium brines exploration. The Company has recently closed two financings for CDN$800,000 for acquisition and exploration costs, and has an active drilling program at its Neptune property.
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