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 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 • 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
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: 37,798,670 • IPO’ed as a gold explorer in Fully Diluted: 52,053,655 Nevada Market Cap: $12.47 million Principals ( as of September 13, 2016 close ) Warren Stanyer, Director & CEO Michael Sweatman, Director Share Price ‐ 52 ‐ week Suraj Ahuja, Director Cory Kent, Director 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 (3,300 ac.) • Aquarius (1,660 acres) • Atlantis (2,980 acres) Draft • Gemini (4,940 acres, 50 ‐ 50 agreement with Eureka Resources ) Drill permit rec’d Projects total 20,200 acres
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 )
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 Lithium, the Old Fashioned Way • Evaporative pond process dates back centuries – 12 to 18 months production time • Silver Peak’s brine ponds occupy 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
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 NEV Exploration Philosophy • Identify prospective geology • Confirm presence of lithium by surface sampling • Acquire geophysical data • Integrate data for drill targeting
Nevada Lithium John Oldow, Ph.d – Technical Advisor • 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
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 2016 • Contracted to supervise lithium drilling in 2016 ‐ 2017
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 Clayton Valley Basin West Clayton Valley & the White Mountains, view WNW
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 surveys detected conductive horizons interpreted as brine zones
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 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 6 th 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
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