Sun Silver Ltd. · ASX:SS1
Sun Silver — Investor Presentation (April 2025)
14 slides from Sun Silver's investor presentation, Apr 10, 2025
Slide 1: Sun Silver Limited Investor Presentation – Resources Rising Stars
SUN SILVER LIMITED Maverick Springs Silver-Gold Project, Nevada, USA ASX: SS1 INVESTOR PRESENTATION – RESOURCES RISING STARS 10 APRIL 2025
Slide 2: Important Information
IMPORTANT INFORMATION Not a disclosure document The purpose of this presentation is to provide general information about the Company and the Maverick Springs Project (Project) only. This presentation is not a disclosure document for the purpose of Chapter 6D of the Corporations Act 2001 (Cth) (Corpo
Slide 3: Increased JORC Inferred Mineral Resources Estimate
INCREASED JORC INFERRED MINERAL RESOURCES ESTIMATE 57 Moz 480 Moz Silver Equivalent AgEq Increase at 68.29 g/t 296 Moz 2.16 Moz Silver at 42.20 g/t Gold at 0.31g/t 3 (1) Refer to Appendix A and the Company's ASX announcement dated 26 March 2025 for further details regarding the Maverick Springs Mine
Slide 4: Corporate Summary
Corporate Summary CAPTIAL STRUCTURE ASX: SS1 Shares on Issue 145.5m Share Price (9 April 25) A$0.63 Market Capitalisation A$91.67m Cash A$13.6m Debt A$0.00 Enterprise Value (EV) A$78.06m Major Shareholders Board, Management and Key 27.8% Advisors Nokomis Capital 8.9% 4 Source: Operations & Projects
Slide 5: Board and Management
BOARD AND MANAGEMENT Andrew Dornan Shaun Hardcastle Dean Ercegovic Nathan Marr Keith Wood Managing Director Non-Executive Chair Non-Executive Director Non-Executive Director Exploration Manager Andrew is a seasoned mining Shaun has a distinguished legal Founding Director and Chief Nathan is a qualif
Slide 6: Mineral Resource Flexibility; 2024 Value Accretive Drilling
MINERAL RESOURCE FLEXIBILITY Cut-off AgEq AgEq Ag Ag Au Au AgEq Tonnes (g/t) (Moz) (g/t) (Moz) (g/t) (Moz) (g/t) 30 218.5 68.29 479.9 42.2 296.5 0.31 2.16 55 120.0 90.01 347.4 59.8 230.8 0.36 1.37 65 92.6 98.93 294.4 67.16 199.9 0.37 1.11 2024 VALUE ACCRETIVE DRILLING Metres Drilled ~7,500m All in D
Slide 7: Maverick Springs – The Largest Pre-Production Primary Silver Project on the ASX
MAVERICK SPRINGS – THE LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX 300 250 200 M Oz silver 150 100 50 0 Maverick Bowdens Maronan Kempfield Paris Silver Sorbi Hills Wonawinta Cerro Leon Cerro Bayo Sala Copalqui Springs SVL MMA ARD IVR BML MKR USL ASL AQI MTH SS1 With a Silver-only resour
Slide 8: Maverick Springs – Long Section
MAVERICK SPRINGS – LONG SECTION 8 (1) Refer to ASX announcements dated 12 September 2024, 24 September 2024, 14 January 2025 and 26 March 2025 for Drillhole Intercepts.
Slide 9: Exceptional Drilling Intercepts
EXECEPTIONAL DRILLING INTERCEPTS MR24-197 - 110m at 109g/t AgEq MR08-182 – 54.9m at 303.5g/t AgEq including 9.12m at 415g/t AgEq including 6.1m at 2,189g/t AgEq MR24-199 – 102.11m at 111g/t AgEq MR03-143 – 67.1m @94.1g/t AgEq including 7.62m at 508.7g/t AgEq including 15.2m at 256.2g/t AgEq MR24-190
Slide 10: Silver Market
SILVER MARKET Source: Silver Institute, World Silver Survey 2024; https://miningvisuals.com/blog/categories/silver 10
Slide 11: The Future Unfolded: What to Expect in 2025
THE FUTURE UNFOLDED: WHAT TO EXPECT IN 2025 RESOURCE MET TEST WORK CLASSIFICATION UPGRADE Baseline Environmental Surveys DRILLING – EXTENSIONAL & INFILL RESOURCE GROWTH Optimised Met 2025 Drilling forecast Increase Resource Further Resource Baseline Environmental Testing to commence Q2 Classificatio
Slide 12: Thank You
Thank You Contact Information: Investor Relations: Andrew Dornan Nicholas Read Managing Director Read Corporate A: 288 Railway Parade, West Leederville, WA, 6007 T: (08) 9388 1474 W: sunsilver.com.au E: nicholas@readcorporate.com.au E: info@sunsilver.com.au
Slide 13: Appendix A – Maverick Springs Mineral Resource
Appendix A – Maverick Springs Mineral Resource Classification Cut-off (g/t AgEq) Tonnes AgEq (Moz) AgEq (g/t) Ag (Moz) Ag (g/t) Au (Moz) Au (g/t) Inferred 30 218,541,000 479.8 68.29 296.5 42.2 2.16 0.31 (1) Maverick Springs Mineral Resource estimated in accordance with the Australasian Code for Repo
Slide 14: Appendix B – External Sources
Appendix B – External Sources Measured Indicated Inferred Grade (Ag Contained Ag Deposit Country Operator index Stage (Mt) (Mt) (Mt) Size (Mt) g/t) (Moz) Year Resource Category Standard Source Maverick Springs USA Sun Silver SS1 Pre-Development 0.0 0.0 218 218 42.2 296.5 2025 Mineral Resource JORC h