Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Noosa Mining Conference 2021
19 slides from Sunshine Metals's conference presentation, Jul 14, 2021
Slide 1: Noosa Mining Conference
Noosa Mining Conference 14 July 2021 TITOV TARGET, 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 Led teams to exploration success at Managing Director Spectrum Metals, Black Cat Syndicate, Silver Share Price $0.057 PhD (Struct. Geo), MAIG Lake Resources and Gold Fields Australia. Alec Pismiris Current directors
Slide 4: 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 • RC drill success at Big Hans, Super Hans and New Constitution RAVENSWOOD WEST GOLD – COPPER – REE PROJECT (100%) • Prospective for porphyry
Slide 5: Triumph Gold Project
Triumph Gold Project • 7,126m RC drilling campaign completed • 50 km south of mining centre Gladstone • Complete geochemical data review January 2021 • Review of 13,600 multielement samples • Pathfinder element analysis, alteration mapping and sulphide speciation mapping • Anomalism tied into projec
Slide 6: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign • RC drilling to test a range of prospects • Geochem and structural reinterpretation lead to exploration success at Super Hans, Big Hans and New Constitution – Southern Corridor • Results include; • 16 m @ 5.48 g/t Au (34m, 21SHRC002) SUPER HANS • 3 m @ 12.95 g/t Au (30m
Slide 7: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor 7
Slide 8: Ravenswood West Au-Cu-REE Project
Ravenswood West Au-Cu-REE Project • Acquired in late March 2021 • Greater district produced over 20 Moz Au • Adjacent the 9.8 Moz Ravenswood Gold Mine (EMR). Over $300M being spent on recommissioning • Highly prospective for intrusion-related and orogenic gold, porphyry Au- Cu-Mo-Ag and REE 8
Slide 9: Dreghorn Gold Field
Dreghorn Gold Field Systematic approach to exploration: • Historic data compilation • Reprocessed existing 40m line spaced magnetic data • Review structural interpretation • Field validated and mapped • Resample to validate historic rock chip and soil results • Map outcrop • 100m spaced, soil sample
Slide 10: Keans Cu-Mo-Au-Ag Prospect
Keans Cu-Mo-Au-Ag Prospect • Adjacent major regional shear zone • Undrilled since 1962 • Gold mined from Heuirs Shaft in 1930’s • Rock chip samples collected in 1961, from Heuirs Shaft contained; • 25.04 % Cu • 8.71 g/t Au • 578.55 g/t Ag • 0.26% Mo • No drilling beneath Heuirs Shaft
Slide 11: Titov Cu-Mo-Au Prospect
Titov Cu-Mo-Au Prospect Malachite-stained granodiorite with abundant quartz veins No modern exploration • Quartz veins mapped in late 1950’s by North Broken Hill Ltd • Soil samples showed Cu footprint >400m length, >400ppm Cu • 9 vertical, DDH drilled in 1960’s by Planet Metals Ltd and assayed for C
Slide 12: Titov Cu-Mo-Au Rocks
Titov Cu-Mo-Au Rocks 12
Slide 13: Summary
Summary • Qld focussed Au-Cu explorer with 4 highly prospective projects • Experienced, successful management team and North Queensland based technical team • Drilling success already at the Triumph Gold Project • Upcoming exploration activities: • RC drilling in progress at Ravenswood West • Ongoin
Slide 14: Connect with us:
Connect with us: Registered office 5/16 Nicholson Road, Subiaco, 6008 QLD office 3/50 Tully Street, South Townsville, 4810 P +61 8 6245 9828 E admin@shngold.com.au W www.shngold.com.au Facebook Sunshine Gold Ltd 14
Slide 15: JORC Code, 2012 Edition Table 1
JORC Code, 2012 Edition TABLE 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques • Nature and quality of sampling (e.g. cut channels, random Titov Historical Drilling: chips, or specific
Slide 16: Sub-sampling techniques, sample preparation
Criteria JORC Code explanation Commentary Sub- sampling • If core, whether cut or sawn and whether quarter, half or Historical drilling: all core taken. techniques, sample preparation • If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. North Broken Hill –
Slide 17: Data Spacing and distribution
Criteria JORC Code explanation Commentary Data Spacing and • Data spacing for reporting of Exploration Results. Historical Drilling: distribution • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity North Broken Hill – Despite being exp
Slide 18: Section 2 – Reporting of Exploration Results
Section 2 – Reporting of Exploration Results (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Mineral tenement and • Type, reference name/number, location and ownership • The Ravenswood West Project consists of EPMs 26041, 26152, 26303 and 26404,
Slide 19: Drill hole information, Data aggregation
Criteria JORC Code explanation Commentary Drill hole information • A summary of all information material to the • Refer Table 1 understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar e