Sun Silver Ltd. · ASX:SS1
Sun Silver — AMEC WA Investor Briefing (June 2024)
16 slides from Sun Silver's conference presentation, June 2024
Slide 1: Sun Silver Limited - AMEC WA Investor Briefing
SUN SILVER LIMITED ASX CODE - SS1 AMEC WA Investor Briefing JUNE 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: Maverick Springs: The Largest Early-Stage Silver Project in Development
MAVERICK SPRINGS: THE LARGEST EARLY-STAGE SILVER PROJECT IN DEVELOPMENT 180 160 Mineral Resources With 175.7 Moz of (Silver content Only) 140 silver, Maverick Springs is the largest 120 deposit in early development stage on M Oz Silver 100 ASX and TSX. 80 Refer Appendix B for further detail 60 40 20
Slide 5: Corporate Summary
CORPORATE SUMMARY Shares on Issue – 124,975,000 Balance of Market Capitalisation - $70M at 56c share1 Shareholders ~34% IPO Offer Price- $0.20 Top 20 Shareholders ~66% ASX Listing date 15 May 2024 1. Share price as of 28th May.
Slide 6: Nevada the Silver State
NEVADA THE SILVER STATE • 75% USA silver & gold production from Nevada • Carlin Trend - Carbonate host rocks • Nevada ranked #1 mining jurisdiction globally Fraser Inst survey 2022 • Property located 85km from Elko – fully serviced mining town
Slide 7: 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 8: 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 9: USA Target 30% Solar by 2030
USA TARGET 30% SOLAR BY 2030 Currently 3% Solar 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 10: Silver Paste – US Growth Market
SILVER PASTE – US GROWTH MARKET • Sun Silver partners with Holland & Knight to target government grants and alternate funding solutions for silver paste development in US • Silver makes up to 23% of PV cell material cost. • Silver paste a key component in PV panel supply chain manufacturing • Over 9
Slide 11: Maverick Springs - Exploration History and Upside
MAVERICK SPRINGS - EXPLORATION HISTORY AND UPSIDE • ~200 holes for ~60,000m drilled to date • All core and RC chips available in Elko for assessment – underway currently • Only 20% of the property explored • Open along strike and at depth • Undrilled Magnetic Anomalies • Multiple mineralized interce
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 Open Yellow section JORC resource Open 292mOz @ 72.4g/t ~2.4km ~1.2km Open Open Blue section mineralisation model outside of the constrained JORC At depth resource.
Slide 13: Key Activities – Future News Flow
KEY ACTIVITES –Future News flow RESOURCE RESOURCE CLASSIFICATION OPTIMISATION UPGRADE SILVER PASTE STUDIES DRILLING – EXTENSIONAL & INFILL MET TEST WORK Resource Optimization Infill & Extensional Drilling Increase classification of Carry out additional test Investigative studies into the utilizing c
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: Appendix A - References
Appendix A - References Page 6 1. News Release: Kinross reports 2023 fourth-quarter and full-year results February 14 2024: https://s2.q4cdn.com/496390694/files/doc_financials/2023/q4/KGC-Q4-year-end- 2023_Exploration- news-release-FINAL.pdf 2. Couer Mining 2024 First Earnings Quarter Presentation -
Slide 16: Appendix B – Silver Deposit Comparisons
Appendix B – Silver Deposit Comparisons Deposit country Company Tonnes (Mt) Ag (g/t) Contained Ag (Moz) SOURCE Maverick Springs USA Sun Silver 125.4 43.5 175.7 https://www.sunsilver.com.au/maverick-springs Candelaria USA Silver One resources 65.6 59 124.2 https://silverone.com/projects/overview/ Los