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 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. 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 Town of Silver Peak, NV with view of lithium mine for future development
Nevada Lithium Nevada Sunrise Snapshot ( TSXV:NEV ) • Listed on TSXV in Sept. 2008 Shares I/O: 33,087,154 • IPO as gold explorer in Nevada Fully Diluted: 43,685,070 Principals Market Cap: $9.26 million Warren Stanyer, Director & CEO ( as of April 15, 2016 close ) Michael Sweatman, Director Suraj Ahuja, Director Share Price ‐ 52 ‐ week Cory Kent, Director Share price ‐ 52 ‐ week Charles Roy, Director Brent Petterson, CFO Christina Boddy, Corp. Secretary
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) Draft • Gemini (4,940 acres, 50 ‐ 50 agreement with Eureka Resources ) Drill permit rec’d Projects total 19,180 acres
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 ? Concept car? Fiat EV Tesla EV Elon Musk and Powerpack battery Chevy Bolt EV Mercedes EV
Nevada Lithium Where In The World Is All The Lithium? (tons) (tons)
Nevada Lithium Lithium Deposit Brine deposits Types Hard Rock Deposits Clay Deposits
Nevada Lithium The Solution: New Extraction Technology • • • Lithium produced Low use of Pilot testing is within hours instead energy and water underway by Tenova ‐ of months. resources. Bateman and Posco.
Nevada Lithium Dan Zampirro, CPG – Technical Advisor • 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"
Nevada Lithium Robert ( “Chip” ) Allender, Jr., CPG • 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
Nevada Lithium John R. Kerr, P.Eng – Qualified Person • 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.
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 Silver Peak, NV Lithium Mine • 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 Evaporative Ponds at Silver Peak, NV in 2015.
Nevada Lithium Clayton Valley Basin West Clayton Valley & the White Mountains, view WNW
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 S.E. Clayton Valley Local Geology Banded Rhyolite Flow, Lithium Source Rock
Nevada Lithium Biogeochemical Sampling Programs Gemini Project Atlantis Project
Nevada Lithium Geophysical: Surface gravity survey Gemini Project Gravity survey by University of Texas, Dallas outlined 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
Nevada Lithium Clayton Valley Aquifer System Drill target: Lithium brines accumulate in gravel, ash and salt layers creating aquifers HOT MAGMATIC FLUIDS (Zampirro, 2003)
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 of 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
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