Slide 1: Multiple Catalysts Ahead
IMARC Presentation 2023 Multiple Catalysts Ahead Damien Keys Managing Director shnmetals.com.au ASX:SHN
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
Corporate Snapshot Share price Market capitalisation $0.013 $14.3m 31 Oct 2023 31 Oct 2023 52 week high $0.034, low $0.012 Shares on issue Cash 1,059.7m $3.2m 31 Oct 2023 As at 30 Sept 2023 Unlisted options Directors’ Investment 105.6m $3.2m (Ex $0.03) Performance Rights 8.5m Queensland projects. Bi
Slide 4: Strong Leadership
Strong Leadership Extensive experience in the resources sector, including project acquisition, development and operations Damien Keys Alec Pismiris Anthony Torresan Paul Chapman Les Davis Managing Director Non-Exec Chairman Non-Exec Director Non-Exec Director Non-Exec Director CoSec | CFO PhD (Struc
Slide 5: Queensland projects. Big system potential.
Queensland projects. Big system potential. 01 Large, high-grade Resource with significant low-risk growth potential Cairns 02 Experienced, successful management team, North Queensland based Townsville Sunshine Gold office 03 Highly active explorer - 35km of drilling Mount Isa to date, delivered enco
Slide 6: Ravenswood Consolidated: Location and Infrastructure
Ravenswood Consolidated Location and Infrastructure Large holding in prospective district: • 20Moz Au and 14Mt Cu-Zn-Au-Pb produced Townsville facilities: • SHN head office • Cu and Zn refineries • Concentrate export port • $75M critical metals common user facility Through project: • CuString power
Slide 7: Ravenswood Consolidation
Ravenswood Consolidation Building a district presence Ravenswood Consolidated 1,760 sqkm 4.94 Mt @ 12.0% ZnEq 50 Koz Au 5-8 Mt @ 0.07-0.12% Mo, 0.28-0.44% Cu Resource with growth upside Highly prospective holding Multiple target styles with large scale potential Queensland projects. Big system poten
Slide 8: Resource Table
Resource Table * Recoverable metal equivalent calculated • Met testwork indicates recoveries of: Copper 80%, Lead 70%, Zinc 88%, Gold 65%, Silver 65% • New price assumptions: Copper US$3.80 / lb, Lead US$0.90 / lb, Zinc US$1.10 / lb, Gold Emerging ASX Base Metals Player – 4.94Mt @ 12.0% ZnEq. # US$1
Slide 9: Liontown Project
Liontown Project Room for another Liontown East Queensland projects. Big system potential. ASX SHN | 9
Slide 10: Liontown Resource Update
Liontown Resource Update 2023 update will incorporate 96 additional holes Oxide Au (1g/t Au cutoff) Last published Resource from 11 March 2020 BHID FROM TO Interval Cu_% Pb_% Zn_% Au_ppm Ag_ppm LLRC200 40.0 54.0 14.0 0.12 2.98 4.95 4.12 82 96 holes drilled since November 2019 (18,150m) LLRC221 46.0
Slide 11: Coronation Cu-Au VMS
Coronation Cu-Au VMS Analogous to high-grade Cu-Au Highway-Reward and DeGrussa mines * RVR ASX Release 30 November 2021 “November 2021 Presentation” Four distinct pipe-like magnetic and gravity anomalies 2.7km north of Highway-Reward Cu-Au Mine: • 3.9Mt @ 5.4% Cu, 1.1 g/t Au, mined 1987-2005 • Pipe-
Slide 12: Next Six Months High Impact Activity
Next Six Months High Impact Activity Big exploration targets and Resource growth 2023 2024 October December February-March Discovery RC Drilling: Liontown Resource Growth: Coronation Cu-Au Resource upgrade Drilling Liontown Liontown West & Gap Prospect - Gap Lode & Cu-Au rich footwall lodes November
Slide 13: Queensland projects. Big system potential.
Queensland projects. Big system potential. 01 Large, high-grade Resource with significant low-risk growth potential Cairns 02 Experienced, successful management team, North Queensland based Townsville Sunshine Gold office 03 Highly active explorer - 35km of drilling Mount Isa to date, delivered enco
Slide 14: Contact us
Contact us 1 / 23 Mackley St, Garbutt, QLD, 4814 +61 8 6245 9828 admin@shnmetals.com.au www.shnmetals.com.au LinkedIn www.linkedin.com/company/70551686 Facebook Sunshine Metals Ltd Twitter #SunshineGold20 ASX SHN 14