Sun Silver Ltd. · ASX:SS1
Sun Silver — Investor Presentation (May 2024)
15 slides from Sun Silver's investor presentation, May 2024
Slide 1: Sun Silver Limited Investor Presentation May 2024
SUN SILVER LIMITED ASX CODE - SS1 INVESTOR PRESENTATION MAY 2024
Slide 2: Disclaimer
DISCLAIMER 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) (Corporations Act
Slide 3: Maverick Springs Project – JORC Resource
MAVERICK SPRINGS PROJECT – JORC RESOURCE Mineral Resource Estimate – 292,000,000 oz AgEq at 72.4 g/tonne AgEQ Ag Au Classification Tonnes AgEQ (Moz) Ag (Moz) Au (Moz) (g/t) (g/t) (g/t) Inferred 125,421,000 72.4 43.5 0.34 292.0 175.7 1.37 The mineral resource has been estimated in accordance with the
Slide 4: Corporate Summary
CORPORATE SUMMARY Shares on Issue – 124,975,000 Balance of Shares listing price – $0.20 Shareholders ~34% Market Capitalisation - $24.9M Top 20 Shareholders ~66% ASX Listing date 15 May 2024
Slide 5: Nevada The Silver State
NEVADA THE SILVER STATE • Carlin Trend - Carbonate host rocks • Nevada ranked #1 mining jurisdiction globally Fraser Institute survey 2022 • Property located 85km from Elko – fully serviced mining town
Slide 6: Team Members
TEAM MEMBERS Gerard O’Donovan Dean Ercegovic Nathan Marr Robert Anderson Executive Director Non-Executive Chair Non-Executive Director Exploration Consultant Chair of JBY, recent MD of Battery Founding Director and Chief Operating Nathan is a qualified metallurgist Robbie is a 17 year experienced Ag
Slide 7: Silver and Solar
SILVER AND SOLAR Silver is an essential material of every solar panel. Silver Demand for Solar Panels 2014 - 2023 Silver demand from solar panels 180.0 increased 330% since 2014 from 48 million ounces, to 160 m Oz in 160.0 2023. 140.0 120.0 Maintaining current trajectory of solar panel manufacturing
Slide 8: USA Target 30% Solar by 2030
USA TARGET 30% SOLAR BY 2030 3% Solar in 2022 125 GW per annum Silver the most critical additional capacity target By 2030 metal posing price and supply risks 98% of current global silver reserves could be depleted by 2050 based on demand projections.
Slide 9: Silver Paste – US Growth Market
SILVER PASTE – US GROWTH MARKET • Silver makes up to 23% of PV cell material cost. • Over 90% of Solar PV cells manufactured in China. • Silver paste a key component in PV panel supply chain manufacturing • 25% Tariff on Chinese solar imports to US • Banned imports from Xinjiang – 50% PV supply – du
Slide 10: Maverick Springs - Exploration History and Upside
MAVERICK SPRINGS - EXPLORATION HISTORY AND UPSIDE • ~200 holes for ~60,000m drilled to date • Only 20% of the property explored • Open along strike and at depth • Undrilled Magnetic Anomalies • Multiple mineralized intercepts outside of current resource constrained model Source:: The classification
Slide 11: Expansion Potential
EXPANSION POTENTIAL Drill results to the Northeast and South show mineralisation continues outside of pit constraints and is open along strike and at depth.
Slide 12: Maverick Springs JORC Resource Section
MAVERICK SPRINGS JORC RESOURCE SECTION Model including all drill results shows mineralisation continues at depth beyond pit constraints Yellow section JORC resource 292mOz Blue section mineralisation model outside of the JORC resource. Potential for significant increase to resource size.
Slide 13: Next Steps
NEXT STEPS Key future activities include: • Resource expansion through: ➢ Mine optimisation studies utilising current day data and economics ➢ Expansion exploration drilling to the north and south of the current resource, targeting shallow high-grade ounces. ➢ Infill drilling to increase resource cl
Slide 14: Contact Information
Contact Information: Gerard O’Donovan Executive Director A: 288 Railway Parade, West Leederville, WA, 6007 W: sunsilver.com.au E: info@sunsilver.com.au Investor Relations: Nicholas Read Read Corporate T: (08) 9388 1474 E: nicholas@readcorporate.com.au
Slide 15: References
References Page 7 https://www.silverinstitute.org/wp-content/uploads/2023/04/World-Silver-Survey-2023.pdf https://www.silverinstitute.org/global-silver-demand-forecasted-to-rise-to-1-2-billion-ounces-in-2024/ https://www.whitehouse.gov/briefing-room/statements-releases/2023/08/16/fact-sheet-one-year