Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Noosa Mining Conference 2024
15 slides from Sunshine Metals's conference presentation, Nov 13, 2024
Slide 1: Liontown Gold-Copper. Kicking goals in North Qld.
Noosa Mining Conference 13 November 2024 For personal use only Liontown Gold-Copper. Kicking goals in North Qld. Damien Keys Managing Director ASX:SHN shmmetals.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
Corporate Snapshot Share price Market capitalisation Shares on issue Cash Unlisted options Directors’ Investment For personal use only $0.010 $15.9m 1,588m $1.7m 351.7m $3.4m 12 Nov 2024 12 Nov 2024 12 Nov 2024 As at 30 Sept 2024 52 week high $0.039, low $0.009 (+$950K in Nov 2024 from Triumph dives
Slide 4: Strong Leadership
Strong Leadership Extensive experience in the resources sector, including project acquisition, development and operations For personal use only Damien Keys Alec Pismiris Anthony Torresan Paul Chapman Les Davis Matt Price Managing Director Non-Exec Chairman Non-Exec Director Non-Exec Director Non-Exe
Slide 5: Queensland projects: Asset, Results & Team
Queensland projects ASSET, RESULTS & TEAM Big system potential, Au-Cu focus 01 Assets For personal use only Flagship Ravenswood Consolidated Project hosts large, high-grade Au-Cu-Zn resource with significant low-risk growth potential 02 Results Highly active explorer - >50km of drilling to date, del
Slide 6: Ravenswood Consolidated Project
Ravenswood Consolidated Project. Large holding in prospective district that’s produced: For personal use only 20Moz 14Mt Au Cu-Zn-Au-Pb Townsville facilities: • Townsville SHN head office • Cu and Zn refineries, concentrate export port • $75M critical metals common user facility • Rail and power thr
Slide 7: Impressive drilling intersections. Project roaring.
21% increase in Liontown Impressive drilling intersections. Resource this year Project roaring. Including 116% increase in Indicated Resource 24LTRC005 from 114m For personal use only 20m @ 18.21g/t Au 24LTDD024 from 319m 16.2m @ 4.54g/t Au, 1.11% Cu, incl. 6.2m@ 9.00g/t Au, 2.52% Cu 24LTDD011 from
Slide 8: Liontown Resource Growth
Liontown Resource Growth New thick, high-grade mineralisation in Gap Zone For personal use only 2025 2024 Queensland projects. Big system potential. ASX SHN | 8
Slide 9: Liontown Resource Growth
Liontown Resource Growth New thick, high-grade mineralisation in Gap Zone For personal use only Queensland projects. Big system potential. ASX SHN | 9
Slide 10: Metallurgical Results
Metallurgical Results Liontown Footwall Excellent Gold and Copper recoveries For personal use only Au only (bottle roll test) • Two grind size tests • 38µm – 99.4% Au recovery • 106µm – 97.4% Au recovery • Rapid leach kinetics Au-Cu (flotation) • 95.2% Cu recovery • Rougher tail then leached - 92.6%
Slide 11: 2024 Resource Upgrade
2024 Resource Upgrade Scheduled for early December 2024 Fattening the lion! For personal use only Solid 2023 Resource base 5.45Mt @ 12.0% ZnEq + Exceptional drilling results: 20m @ 18.2g/t Au + Excellent metallurgical recoveries up to 99.4% Au & 95.4% Cu & 92.6% Au + Dual report Resource in AuEq and
Slide 12: Highway Reward Cu-Au Area
Highway Reward Cu-Au Area Amazing Prospectivity For personal use only 3.9Mt @ 5.4% Cu, 1.1g/t Au mined (1987 – 2003) 1st RC drilling completed at Highway East and Truncheon Prelim field work completed at Coronation South IP surveys to commence at Coronation South Queensland projects. Big system pote
Slide 13: Upcoming share price catalysts
Upcoming share price catalysts November 2024 01 For personal use only Reverse circulation drilling results from Highway East and Truncheon prospects 02 November 2024 Remaining diamond drilling results for the Gap Zone 03 November 2024 Geophysics surveys commence: Liontown – electromagnetic survey Co
Slide 14: For personal use only
For personal use only 1 / 23 Mackley St, Garbutt, QLD, 4814 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 personal use only For the latest resource update at the Liontown deposit, please refer to: For the most recent releases outlining SHN metallurgical results: • ASX: SHN, 7th February 2024, Significant Increase in Liontown Resource • ASX: SHN, 11th November 2024, Excellent Gold and Copp