Sunshine Metals Limited · ASX:SHN
Sunshine Metals — RIU Investment Showcase (June 2022)
18 slides from Sunshine Metals's conference presentation, Jun 22, 2022
Slide 1: RIU Investment Showcase
RIU Investment Showcase 22 June 2022 SULPHIDIC BRECCIA, WILBURS HILL, RAVENSWOOD WEST PROJECT ASX: SHN
Slide 2: Disclaimer & Disclosure
Disclaimer & Disclosure This presentation includes forward-looking statements. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should" and similar expressions are forward-looking statements. Although Sunshine Gold Ltd. (“Sunshine Go
Slide 3: Corporate Overview
Corporate Overview Corporate Information Board of Directors ASX Code SHN Damien Keys Geologist with over 20 years mining and Managing Director exploration experience. Led teams to Share Price $0.026 PhD (Struct. Geo), MAIG exploration success at Spectrum Metals, Black Cat Syndicate, Silver Lake Shar
Slide 4: Investment Case
Investment Case • Large Queensland holding in under explored Tier 1 jurisdiction • Leverage to multiple high value metals • Highly active explorer SHN Office • JORC Au Resource at Triumph - excellent growth potential • Emerging 15km Cu-Au-Ag-Mo corridor, Ravenswood West • Rare Earths (Nd,Pr) & Au at
Slide 5: Project Portfolio
Project Portfolio TRIUMPH GOLD PROJECT (100%) • 15km² intrusion related gold/orogenic system under shallow alluvial cover • 2 granted EPM’s, spanning 138 sqkm • Initial JORC Resource 118koz @ 2.0g/t Au RAVENSWOOD WEST Au, Cu, Ag, Mo & REE PROJECT (100%) • Prospective for porphyry Cu-Au-Mo, intrusion
Slide 6: Triumph Gold Project
Triumph Gold Project • JORC Resource of 118 koz @ 2.03 g/t Au • >85% Resource <100m depth • $24.22 /oz (acquisition & discovery cost) • Resource within 16 months of listing • Huge upside potential, especially in Southern Corridor (~20% drilled) • Positive metallurgical test work results • Drilling r
Slide 7: Triumph Geology
Triumph Geology • Intrusion-related gold system No rto nF • Typically large systems e.g. Mt Rawdon (2.5Moz Au) au lt • 6km long Southern Corridor: • Historic workings • Coincident low magnetic response • Drill tested ~1.2km to date • Further corridor-scale targets: • Galena - Advance • Bonneville •
Slide 8: Southern Corridor Resource Potential
Southern Corridor Resource Potential
Slide 9: Northern Corridor Resource Potential
Northern Corridor Resource Potential
Slide 10: Ravenswood West Cu-Au-Ag-Mo-REE Project
Ravenswood West Cu-Au-Ag-Mo-REE Project • 100 km south of Townsville • SHN Office • District produced over 20 Moz Au • Adjacent the 6.6 Moz Ravenswood Gold Mine (EMR & GEAR) • Highly prospective for: • large porphyry Cu-Au-Ag-Mo deposits • intrusion related gold deposits • alkali granite rare earth
Slide 11: Cu-Au-Ag-Mo Targets
Cu-Au-Ag-Mo Targets • ~15km long Cu-Au-Ag-Mo corridor along a major regional fault • Limited drilling since 1960’s • 60’s drilling assayed for Cu and Mo only Systematically progressing exploration across multiple targets 11
Slide 12: Cu-Au-Ag-Mo Targets Tested
Cu-Au-Ag-Mo Targets Tested Titov; Drill defined - 350m long x 100m wide x 350m deep Strongest IP getting stronger to east Second system intersected at Titov South 66m @ 0.38% Cu, 0.42% Mo (2.10% recov. CuEq) Gagarin and Gagarin South; IP Completed (currently processing) Best rock chip sample: 10.96%
Slide 13: The Bank Porphyry
The Bank Porphyry • Identified in 1968 reconnaissance program • Historic field mapping identified porphyry • Strong Cu-Mo-Ag soil anomalism on margins of mapped porphyry • Confirmed in 2014 soil sampling campaign • Quartz veining with molybdenite mapped 2022 • Strong IP chargeable response along the
Slide 14: Wilburs Hill Au
Wilburs Hill Au Analogue: Mt Leyshon (3.5Moz) / Mt Wright (1Moz) Tito Common features: v ✔ Topographic high ✔ Mag Reversal Anomaly Smith s ✔ Sulphidic Breccias ✔ Au, Ag, Bi, Te anomalism Wilburs Hill • IP/MT survey in progress ($92k CEI Grant awarded for IP/MT) • Drilling in July-August 2022
Slide 15: Elphinstone Creek Rare Earths - Au
Elphinstone Creek Rare Earths - Au • Anomalous Rare Earth and Au in stream Bank samples • Barrabas Adamellite source of Rare 25.0 g/t Au Earths Turkey Gully • 90% of the 27km2 intrusion now sampled • High neodymium (Nd) and praseodymium (Pr) content • Awarded $38k CEI Grant - soils assay costs • 25
Slide 16: Upcoming Newsflow
Upcoming Newsflow • June 2022 ✔ Wilburs Hill IP/MT survey ✔ Bank RC drilling ✔ Titov RC drilling recommencement ✔ Soils results Elphinstone Creek • July 2022 Diamond Core from Super Hans ✔ IP Results ✔ RC drill results ✔ Results of REE study Elphinstone Creek • August/September 2022 ✔ EM & magnetic
Slide 17: Summary
Summary • Highly prospective projects in under explored Tier 1 jurisdiction • Experienced, successful management team, North Queensland based • Well funded and highly active explorer • 24km of drilling to date delivered highly encouraging results • Leverage to multiple high value metals 17
Slide 18: Connect with us
Connect with us: Registered office 1 / 23 Mackley St, Garbutt, QLD, 4814 P +61 8 6245 9828 E admin@shngold.com.au W www.shngold.com.au Facebook Sunshine Gold Ltd Twitter #SunshineGold20 18
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