Sun Silver Ltd. · ASX:SS1
Sun Silver — Resources Rising Stars Conference 2024
19 slides from Sun Silver's conference presentation, December 2024
Slide 1: Sun Silver Limited – Resources Rising Stars Conference 2024
SUN SILVER LIMITED ASX CODE - SS1 Resources Rising Stars Conference 2024 December 2024
Slide 2: Important Information
IMPORTANT INFORMATION 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) (Corpo
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Largest pre-production primary silver deposit on ASX1 • Significant increase in Mineral Resource – 45% increase from 292Moz to 423Moz at 67.25g/t AgEq2 • Maverick Springs is the largest pre-production primary silver asset on the ASX with 253Moz at 40.25gt Ag Continued growth po
Slide 4: Maverick Springs Updated JORC Mineral Resources Estimate
MAVERICK SPRINGS UPDATED JORC MINERAL RESOURCES ESTIMATE 45% 423 Moz Increase in Mineral Silver Equivalent at Resource 67.25 g/t 253 Moz 2 Moz Silver at 40.25 g/t Gold at 0.32g/t 1. Maverick Springs Mineral Resource is estimated in accordance with the Australasian Code for Reporting of Exploration R
Slide 5: Maverick Springs - The Largest Pre-Production Primary Silver Project on the ASX
MAVERICK SPRINGS - THE LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX With a Silver-only resource of 253 Moz, Maverick Springs is the largest pre- production primary silver asset on ASX. 1. Deposit resource calculations displayed above include Measured, Indicated and Inferred resources. Re
Slide 6: Corporate Summary
Corporate Summary Shareholder Distribution Shares on Issue – 144.8M Market Capitalisation – ~$105.7M at $0.73 45% 55% IPO 15th May @ $0.20 Cash as of 30 Sep 2024 – $13.5M Top 20 Shareholders Balance of Holders 6
Slide 7: Board and Management
Board and Management Gerard O’Donovan Dean Ercegovic Nathan Marr Robert Anderson Executive Director Non-Executive Chairperson Non-Executive Director Exploration Manager – Nevada • Previous MD & CEO of Battery Age • Founding Director & Chief Operating • Qualified metallurgist with over 20 • 17 year e
Slide 8: Interactive Overview – Maverick Springs Project
Interactive Overview – Maverick Springs Project https://vrify.com/decks/17060?auth=610fd3f2-f899-4933- ab4a-dca2977dbc9e (1) The information in the Interactive Overview that relates to exploration results and estimates of mineral resources at the Maverick Springs Project is extracted from the Compan
Slide 9: Extensional drilling has intersected high grade silver mineralisation up to 1,249g/t AgEq
Extensional drilling has intersected high grade silver mineralisation up to 1,249g/t AgEq • Extensional drilling by SS1 has intersected high-grade silver mineralisation outside the recently upgraded resource. • Antimony assays of over 1% (Sb), classified a critical mineral by the United States. • Sa
Slide 10: What's next in the field
What's next in the field • Extensional drill intercepts have proven the theory that high grade mineralisation extends to the northwest. • Geophysics, geochem & field mapping has been interpreted & defined further high priority drill targets • Drilling has focussed on testing extensional holes in the
Slide 11: Key Activities
Key Activities RESOURCE RESOURCE UPGRADE/GROWTH CLASSIFICATION UPGRADE SILVER PASTE INVESTIGATION DRILLING – EXTENSIONAL & INFILL MET TEST WORK Resource increase 7500m Infill & Increase classification Expand historical test Investigative studies utilising current market Extensional Drilling of curre
Slide 12: Thank You
Thank You 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 12
Slide 13: Macro Silver Market – Supply/Demand Balance v Price
Macro Silver Market – Supply/Demand Balance v Price Deficit / Surplus M Oz Ag USD / Ag Oz 13
Slide 14: Silver & Solar
Silver & Solar Silver is an essential material of every solar panel. 23% of a panel material cost is silver Silver Demand for Solar Panels 2014 - 2024 Silver demand from solar panels increased 380% since 2014 from 48 million ounces, to 232 m Oz in 2024. Maintaining current trajectory of solar panel
Slide 15: 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 the current global silver reservescould be depleted by 2050 based on demand projections. 15
Slide 16: Silver Paste Opportunity – US Growth Market
Silver Paste Opportunity – US Growth Market • Silver paste a key component in PV panel supply chain manufacturing • Over 90% of Solar PV cells manufactured in China. • 50% Tariff on Chinese solar imports to US • Banned imports from Xinjiang – 50% PV supply – due to ESG concerns • USD$60m Silver Past
Slide 17: Appendix A – Maverick Springs Mineral Resource
Appendix A – Maverick Springs Mineral Resource Classification Cut-off Tonnes AgEQ (Moz) AgEQ (g/t) Ag (Moz) Ag (g/t) Au (Moz) Au (g/t) Inferred 30.86 195,735,000 423.2 67.25 253.3 40.25 2.0 0.32 (1) Maverick Springs Mineral Resource estimated in accordance with the Australasian Code for Reporting of
Slide 18: Appendix B – Silver Deposit Comparisons
Appendix B – Silver Deposit Comparisons Deposit Country Operator Stage Measured Indicated Inferred Size Grade Contained Year Resource Standard Source (Mt) (Mt) (Mt) (Mt) (Ag g/t) Ag (Moz) Category Maverick USA Sun Silver Pre-Production 0.0 0.0 195.7 195.7 40.2 253 2024 Mineral JORC https://www.sunsi
Slide 19: Appendix C – External Sources
Appendix C – External Sources Slide 3 https://silverinstitute.org/global-industrial-demand-on-track-for-a-new-record-high-in-2024/ Slide 13 https://www.silverinstitute.org/wp-content/uploads/2024/04/World-Silver-Survey-2024.pd https://www.nasdaq.com/market-activity/commodities/si-cmx/historicalf Sli