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 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.
Nevada Cu/Co Nevada Sunrise Snapshot ( TSXV:NEV ) • IPO’ed on TSXV in Sept. 2008 as Shares I/O: 40,439,000 a Nevada gold explorer Fully Diluted: 54,811,228 • Early adopter of prospect Market Cap: $5.66 million generator model ( as of March 29, 2018 close ) Principals Warren Stanyer, Director & CEO 52‐week price range Michael Sweatman, CPA, Director $0.115 to $0.35 Suraj Ahuja, P.Geo., Director Cory Kent, LLB, Director Charles Roy, P.Geo., Director Brent Petterson, CPA, CFO Christina Boddy, Corp. Secretary
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
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
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
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
Nevada Cu/Co Who Knew There Was Cobalt in Nevada? • 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!
Nevada Cu/Co Stillwater Range, North-Central Nevada Lovelock Mine & Treasure Box are located approx. 40 miles s. of Lovelock, NV
Nevada Cu/Co Lovelock Cobalt Mine Lovelock Cobalt Mine ‐ waste pile in foreground in front of main shaft
Nevada Cu/Co Treasure Box-Boyer Mine Copper Properties 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 Recent Outcrop Sampling on Boyer Mine property decades
Nevada Cu/Co Airborne Mag Survey Lovelock Cobalt Mine Boyer Copper Mine Stillwater Range: Total Magnetics with Lovelock Mine and Treasure Box Claims
Nevada Cu/Co Stillwater Range: Geology with Lovelock Cobalt Mine and Treasure Box Mine
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
Nevada Cu/Co Lovelock Mine – Historical Co-Ni-Cu Production • Limited production of high‐grade cobalt, nickel, and copper began in 1883 until 1890 • 500 tons of concentrated cobalt and nickel mineralized material was shipped to Britain Hand‐cut tunnel at the Lovelock Mine for processing
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
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 Lovelock Mine waste 29.69 LCR‐670a 0.16 0.40 2.06 Lovelock Mine waste 1.94 LCR‐670c 0.28 0.65 0.58
Nevada Cu/Co Treasure Box – Rock Sampling 2017 Sample No. Location Copper Gold Silver Primary Mineralization ( % ) (g/t) (g/t) 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
Nevada Cu/Co Lovelock Mine - Geophysical Plan 2017 • Initial 4.2 kilometre reconnaissance DC resistivity‐ induced polarization survey • Stations were spaced 25 to 50 metres (80‐160 Phase 1 feet) apart on Sept. 2016 five lines
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
Nevada Cu/Co Technical Advisors & Consultants • 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.
Nevada Cu/Co 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
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
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