Sunshine Metals Limited · ASX:SHN

Sunshine Metals — Resources Rising Stars Conference 2025

15 slides from Sunshine Metals's conference presentation, Sep 18, 2025

  1. Slide 1: Resources Rising Stars Conference - Gold 'n Sunshine

    Resources Rising Stars Conference Gold Coast, September 2025 Sun Metals Meeting Gold ‘n Sunshine. For personal use only Damien Keys Managing Director ASX:SHN shnmetals.com.au

  2. 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

  3. Slide 3: Corporate Snapshot, Board and Management

    Corporate Snapshot Board and Management ASX:SHN Experienced leadership Share price Market capitalisation Shares on issue For personal use only $0.018 $45.0m 2.50b 12 September 2025 12 September 2025 12 September 2025 52 week high $0.022, low $0.005 Damien Keys Alec Pismiris Jo Bergamin Managing Dire

  4. Slide 4: Investment Summary

    Investment Summary Looking to commercialise: For personal use only 95Koz Au @ 4.2g/t Au mining studies commenced 904koz AuEq Resource comprised Au-Cu-Zn-Pb-Ag HG epithermal Au Sybil samples to 907g/t Au Nearby infrastructure: • Townsville SHN head office (150km) • Rail and power through Ravenswood C

  5. Slide 5: Liontown Shallow Au: A path to low CAPEX cashflow

    Liontown Shallow Au A path to low CAPEX cashflow Resource • Oxide/transitional Resource (90% on For personal use only granted ML) • Mineralisation from surface • Inferred Resource to be upgraded by Sept 2025 – awaiting met test work • Infill drilling included: • 10m @ 31.91g/t Au from 41m, 25LTRC009

  6. Slide 6: Expanded Liontown Gold Study

    Expanded Liontown Gold Study • Shallow Au, Au-Panel and Carrington: For personal use only 713kt @ 4.15g/t Au (95koz Au)* • Au-Panel drilled 2023/24: • 17m @ 22.0g/t Au from 67m, 23LTRC002 • 20m @ 18.2g/t Au from 110m, 24LTRC005 • Carrington Fresh includes: • 17.5m @ 4.39g/t Au from 75m, LTDD19013 Lo

  7. Slide 7: Sybil Epithermal Au

    Sybil Epithermal Au • Acquired in June 2025 For personal use only • Fits shallow, high-grade gold strategy, within Ravenswood Cons. • Shares similarities with Pajingo Au Mine (~4Moz Au mined) • Explored under JV from 1986-1996 • Excellent baseline datasets and highly encouraging early results • Good

  8. Slide 8: Francis Creek Au

    Francis Creek Au • Outcropping vein system >3km in strike For personal use only • Trial mined in 1991, grading: 961t @ 7.61g/t Au (235oz Au) • Best drilling intersections: 7m @ 10.6g/t Au from 7m (FCP05) 3m @ 23.2g/t Au from 6m (to EOH, FCP04) 6m @ 10.5g/t Au from 7m (to EOH, FCP46) 6m @ 8.4g/t Au f

  9. Slide 9: Upcoming field activities

    Upcoming field activities • Drilling commenced For personal use only • Drilling to take ~2 weeks, first assays expected by mid October 2025 • Detailed drone magnetic survey to commence in October 2025 • Native title clearances at key prospects • Follow up RC – Francis Creek, Francis Creek East Queen

  10. Slide 10: Big System Potential

    Big System Potential For personal use only • Prospective “boiling zone” thickens to E & SE • Other high-priority targets o Quartz Ridge 68m @ 0.38g/t Au from 36m, FSR070 22m @ 0.55g/t Au from 0m, FSR035 o Francis Creek East 28.1g/t Au rock chip, undrilled Figure modified from AIG NEQ Minerals Worksh

  11. Slide 11: Sybil Drilling Commenced

    Sybil Drilling Commenced • Diamond drill program (14 holes, ~1,135m) For personal use only at Francis Creek commenced • Testing up to 3 vein networks: A Vein, Main Vein and Splay Vein DDH1 rig mobilizing to site across the Burdekin River • Program providing valuable information: vein orientation, th

  12. Slide 12: Upcoming news flow

    Upcoming news flow • Liontown Shallow Au Metallurgical Results For personal use only • Liontown Shallow Au Resource Update • Sybil diamond drilling results • Liontown North diamond drilling results – CEI funded • Coronation area VTEM results – CEI funded • Drone magnetic survey Sybil • Liontown Au M

  13. Slide 13: Why Sunshine? Reasons to invest

    Why Sunshine? 3 reasons to invest For personal use only Looking to commercialise Liontown Au 01 Met and Resource upgrade Sept 2025. Mining studies commenced. 02 Further Shallow HG Au potential Sybil low-sulphidation epithermal. Drilling commenced, results October 2025. 03 Large high-grade VMS Resour

  14. Slide 14: For personal use only

    For personal use only Unit 26, 31-45 Eyre St, North Ward, QLD, 4810 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

  15. Slide 15: References

    References For the latest resource update at the Liontown deposit, please refer to: For the most recent releases outlining SHN metallurgical results: For personal use only • ASX: SHN, 11th December 2024, 904Koz AuEq Resource at Ravenswood Consolidated • ASX: SHN, 11th November 2024, Excellent Gold a

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