Sunshine Metals Limited · ASX:SHN
Sunshine Metals — RIU Resources Round Up 2025
15 slides from Sunshine Metals's conference presentation, May 8, 2025
Slide 1: RIU Resources Round Up: A golden pathway to low CAPEX cashflow
RIU Resources Round Up Sydney, May 2025 Sun Metals Meeting A golden pathway to For personal use only low CAPEX cashflow. Damien Keys Managing Director ASX:SHN shnmetals.com.au
Slide 2: Cautionary statement
Cautionary statement This presentation includes forward-looking statements. When used in this document, the words such as "could", "plan", "estimate", "expect", The information in this report that relates to Exploration Results is based on, and fairly represents, information compiled by Mr Matt Pric
Slide 3: Corporate Snapshot and Board
Corporate Snapshot Board ASX:SHN Experienced leadership Share price Market capitalisation Shares on issue For personal use only $0.008 $15.9m 1.9b 7 May 2025 7 May 2025 7 May 2025 52 week high $0.020, low $0.005 Damien Keys Alec Pismiris Anthony Torresan Managing Director Chair Non-Exec Director Cas
Slide 4: Investment Summary
Investment Summary Looking to commercialise: For personal use only 904Koz AuEq comprised Au-Cu-Zn-Pb ~40koz Au shallow oxide Resource Nearby infrastructure: • Townsville SHN head office (150km) • Rail and power through project • Cu and Zn refineries, concentrate export port Successful local team: •
Slide 5: Ravenswood Consolidated Project
Ravenswood Consolidated Project Building a district presence 42% increase in JORC For personal use only Resource since May 2023 Total JORC Resource* 6.99Mt @ 4.0g/t AuEq | 11.1% ZnEq From Liontown, Liontown East, Waterloo and Orient deposits Total VMS Resource* 904Koz AuEq recoverable (42% Indicated
Slide 6: Liontown Resource
Liontown Resource For personal use only • Large Au-rich Resource 5.9Mt @ 3.7g/t AuEq (700Koz AuEq) • Resource growth potential, esp. to west of Liontown • New dome geological interpretation extends Liontown horizon ~2km to west, and repeats 3km of untested contact at Liontown North • Tigertown oxide
Slide 7: Liontown Oxide Resource: A path to low CAPEX cashflow
Liontown Oxide A path to low CAPEX Resource cashflow For personal use only • Oxide/transitional Resource (90% on granted ML) 360kt @ 1.8g/t Au (21koz Au) • Mineralisation from surface • Inferred Resource to be upgraded by July 2025 • Drilling in progress • Drilling to convert to Indicated Resource,
Slide 8: Liontown Dome Targets
Liontown Dome Targets New interpretation extends prospectivity For personal use only Queensland projects. Big system potential. ASX SHN | 8
Slide 9: Plateau Oxide Au drilling starting May 2025
Plateau Oxide Au drilling starting May 2025 For personal use only • Oxide Resource in top 50m: 230kt @ 2.0g/t Au (15koz Au) • ~1,000m RC drilling planned to infill Resource to Indicated status. • Further metallurgical analysis from RC sample. • Pit optimisation to follow • Review of near surface tar
Slide 10: Mt Pleasant Au target
Mt Pleasant Au target • <20km from Charters Towers • 3 historic shafts, rock Chip results: For personal use only 95.2g/t Au 64.5g/t Au 10.5g/t Au • 550m strike extent • No historic drilling Gossanous quartz vein (MP25_006) which assayed 10.15g/t Au. Queensland projects. Big system potential. ASX SHN
Slide 11: Au-Cu-Zn exploration
Au-Cu-Zn exploration Ongoing discovery work • Highway Reward style For personal use only (4Mt @ 5.4% Cu, 1.1g/t Au mined) • Truncheon • Coronation • Waterloo style (750kt @ 6.4g/t AuEq Res.) • Salla • Blenheim • Liontown Resource western extension Queensland projects. Big system potential. ASX SHN |
Slide 12: Salla Au-Cu-Zn Exploration
Salla Au-Cu-Zn Exploration Waterloo offset position Fault displacement ~700m For personal use only Mt Windsor Volcanics Trooper Creek Fm IP Chargeable anomaly Salla Waterloo offset? Untested, priority target Waterloo 700kt @ 6.3g/t AuEq Queensland projects. Big system potential. ASX SHN | 12
Slide 13: Why Sunshine? Reasons to invest
Why Sunshine? 3 reasons to invest For personal use only 01 Looking to commercialise Oxide Au Liontown drilling, met and Resource upgrade. Plateau drilling next. 02 Strong Au-Cu-Zn discovery potential Upcoming drilling at undrilled Salla, Highway- style targets at Truncheon & Coronation. 03 Large hig
Slide 14: For personal use only
For personal use only Unit 26, 31-45 Eyre St, North Ward, QLD, 4810 LinkedIn www.linkedin.com/company/70551686 +61 8 6245 9828 Facebook Sunshine Metals Ltd admin@shnmetals.com.au Twitter #SunshineGold20 www.shnmetals.com.au ASX SHN
Slide 15: References
References For the latest resource update at the Liontown deposit, please refer to: For the most recent releases outlining SHN metallurgical results: For personal use only • ASX: SHN, 11th December 2024, 904Koz AuEq Resource at Ravenswood Consolidated • ASX: SHN, 11th November 2024, Excellent Gold a