Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal - - PowerPoint PPT Presentation

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Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal - - PowerPoint PPT Presentation

Nov 14, 2023 409 likes •694 views

Nevada Lithium Nevada Sunrise Gold Corp. Lithium: the Energy Metal September 2016 Nevada Lithium FORWARD LOOKING STATEMENTS All statements in this document regarding Nevada Sunrise Gold Corp.s lithium exploration projects, other than

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Nevada Lithium

Nevada Sunrise Gold Corp.

September 2016

“Lithium:

the Energy Metal”

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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.

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Nevada Lithium

Nevada Sunrise – The Right Place, Right Time

  • 6 lithium projects located in a

superior jurisdiction

  • North America’s only producing

lithium mine is nearby

  • NEV has an experienced technical

team well‐versed in lithium exploration and development

  • Drill permits received for 2016‐17
  • Water rights acquired in Clayton

Valley – a fundamental for future development

Drill at Neptune Project, March 2016

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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

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Nevada Lithium

Nevada Sunrise Snapshot (TSXV:NEV)

Shares I/O: 37,798,670 Fully Diluted: 52,053,655 Market Cap: $12.47 million (as of September 13, 2016 close)

  • Listed on TSXV in Sept. 2008
  • IPO’ed as a 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

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Nevada Lithium

How Did NEV Find Its Lithium Properties?

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Nevada Lithium

NEV Lithium Projects

  • Neptune (6,320 acres)
  • Clayton NE (1,000 acres)
  • Jackson Wash (3,300 ac.)
  • Aquarius (1,660 acres)
  • Atlantis (2,980 acres)
  • Gemini (4,940 acres,

50‐50 agreement with Eureka Resources)

Projects total 20,200 acres

Draft

Drill permit rec’d

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Nevada Lithium

Lithium Market

  • Meteoric rise in

lithium (LCE) prices in late 2015‐ early 2016

  • Lithium prices are

volatile and subject to sudden spikes on tight supply

  • Demand for

lithium projected to increase 20% by 2017 (Citi Research, 2015)

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Nevada Lithium

What’s Driving Lithium Demand?

Tesla EV Chevy Bolt EV Fiat EV Mercedes EV Elon Musk and Powerpack battery Concept car?

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Nevada Lithium

Where In The World Is All The Lithium?

(tons) (tons)

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Nevada Lithium

Lithium Deposit Types

Hard Rock Deposits Clay Deposits Brine deposits

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Nevada Lithium

Lithium, the Old Fashioned Way

  • Evaporative pond

process dates back centuries – 12 to 18 months production time

  • Silver Peak’s

brine ponds

  • ccupy a large

footprint – over 6 square miles

  • Salt ponds pose a

health risk to migratory birds

Solar evaporative ponds at Albemarle’s Silver Peak Lithium Mine

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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.

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Nevada Lithium

NEV Exploration Philosophy

  • Identify prospective

geology

  • Confirm presence of

lithium by surface sampling

  • Acquire geophysical

data

  • Integrate data for

drill targeting

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Nevada Lithium

  • Over 40 years of experience in the field of geology, and is

currently director of the Ellison Miles Center for Geological Field Studies at the University of Texas, Dallas

  • His work includes geologic mapping, geophysics and structural

analysis, to better understand regional tectonics

  • Dr. Oldow has served by invitation on numerous committees

for the National Science Foundation, and is a Fellow of the Geological Society of America (1992)

  • John’s recent fieldwork in western Nevada on regional tectonics

prompted the acquisition of the Gemini and Aquarius projects, staked by Nevada Sunrise over deep sub‐basins

John Oldow, Ph.d – Technical Advisor

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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

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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 2016

  • Contracted to supervise lithium drilling in 2016‐

2017

Robert (“Chip”) Allender, Jr., CPG

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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

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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.

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Nevada Lithium

West Clayton Valley & the White Mountains, view WNW

Clayton Valley Basin

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Nevada Lithium

Banded Rhyolite Flow, Lithium Source Rock

S.E. Clayton Valley Local Geology

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Nevada Lithium

Biogeochemical Sampling Programs

Atlantis Project Gemini Project

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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

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Nevada Lithium

Geophysical: Time Domain EM survey

Gemini Project

2016 TDEM surveys detected conductive horizons interpreted as brine zones

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Drill target: Lithium brines accumulate in gravel, ash and salt layers creating aquifers

(Zampirro, 2003)

Clayton Valley Aquifer System

Nevada Lithium

HOT MAGMATIC FLUIDS

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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!”
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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 optioned the Neptune Project in May 2016 to Resolve Ventures (TSXV: RSV), closed a transaction in August 2016 with Advantage Lithium (TSXV: AAL) for an option on 5 of the projects, and has optioned the 6th project to American Lithium (TSXV: LI), in order to reduce exploration risk and excessive dilution of NEV’s share capital.

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