Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Brisbane Mining Conference (March 2024)
17 slides from Sunshine Metals's conference presentation, Mar 13, 2024
Slide 1: Queensland projects. Big system potential.
Brisbane Mining Conference Queensland projects. Big system potential. Damien Keys Managing Director shnmetals.com.au ASX:SHN
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: Exceptional Gold-Copper Liontown Footwall
Exceptional Gold-Copper Liontown Footwall High-grade Au adjacent Main Zone Feeder Fault 20m @ 18.2g/t Au 17m @ 22.1g/t Au (114m, 24LTRC005) (67m, 23LTRC002) • Currently ~260m x ~140m in dimension • Drilling recommenced Monday 11 March 2024 – 9 holes, ~2,800m • Drilling extends into Gap Zone and arou
Slide 4: Corporate Snapshot
Corporate Snapshot Share price Market capitalisation Shares on issue Cash Unlisted options Directors’ Investment $0.013 $15.9m 1,224m $2.0m 113.2m $3.2m 12 Mar 2024 12 Mar 2024 31 Dec 2023 As at 31 Dec 2023 52 week high $0.039, low $0.009 Queensland projects. Big system potential. ASX SHN | 4
Slide 5: Queensland projects. Big system potential.
Queensland projects. Big system potential. 01 Large, high-grade resource with significant low-risk growth potential 02 Experienced, successful management team, North Queensland based 03 Highly active explorer - 42km of drilling to date, delivered encouraging results 04 Big-system, advanced targets i
Slide 6: Strong Leadership
Strong Leadership Extensive experience in the resources sector, including project acquisition, development and operations Damien Keys Alec Pismiris Anthony Torresan Paul Chapman Les Davis Matt Price Managing Director Non-Exec Chairman Non-Exec Director Non-Exec Director Non-Exec Director Exploration
Slide 7: Ravenswood Consolidated: Location and Infrastructure
Ravenswood Consolidated Location and Infrastructure Large holding in prospective district that’s produced: 20Moz 14Mt Au Cu-Zn-Au-Pb Townsville facilities: • SHN head office • Cu and Zn refineries • Concentrate export port • $75M critical metals common user facility Through project: • CuString power
Slide 8: Ravenswood Consolidated: Building a district presence
Ravenswood Consolidated Building a district presence 5.45 mt @ 12.0% ZnEq Resource Comprised 6.6% Zn, 1.1 g/t Au, 1.0% Cu From Liontown, Liontown East, Waterloo & Orient VMS systems 5-8 Mt Expl. Target (top 100m) @ 0.28-0.44% Cu Titov Porphyry & 0.08-0.14% Mo 50 Koz Au Resource Breccia Pipe Au - Pla
Slide 9: Emerging ASX Base Metals Player
Emerging ASX Base Metals Player 5.45Mt @ 12.0% ZnEq Resource Liontown 63% Indicated * Recoverable metal equivalent calculated • Met testwork indicates recoveries of: Copper 80%, Lead 70%, Zinc 88%, Gold 65%, Silver 65% • New price assumptions: Copper US$3.80 / lb, Lead US$0.90 / lb, Zinc US$1.10 / l
Slide 10: Resource Growth Liontown
Resource Growth Liontown Gap Zone and Western Extensions Queensland projects. Big system potential. *See ASX release 7 February 2024, Significant Increase in Liontown Resource ASX SHN | 10
Slide 11: Formation of VMS systems
Formation of VMS systems Metal distributions and thermal gradients Formation • Volcanic vents on the seafloor • Au-Cu precipitate out at higher temperatures (near to feeder stocks/faults) • Zn-Pb-Ag precipitate out at lower temperatures (seafloor and distal to feeder stocks and faults) • Typically c
Slide 12: Liontown VMS Feeder & Footwall Zones
Liontown VMS Feeder & Footwall Zones Mapping metal distribution in Footwall Queensland projects. Big system potential. ASX SHN | 12
Slide 13: Liontown Gold-Copper Footwall
Liontown Gold-Copper Footwall 1.6km strike length with high-grade Au-Cu shoots Queensland projects. Big system potential. ASX SHN | 13
Slide 14: Gold: the forgotten commodity
Gold: the forgotten commodity 60 years of base metal exploration in Mt Windsor Volcanics • Gold exploration in Mt Windsor Volcanics largely base metal only • District produced 20 Moz Au • Esso Australia most active explorer in 70s and 80s • Esso collected: ~26,500 soils – 640 assayed Au ~6,600 strea
Slide 15: Next Six Months High Impact Activity
Next Six Months High Impact Activity Big exploration targets and Resource growth 2024 April June August/Sept Drilling : Drilling: Drilling: Liontown Gap Zone RC/DD Truncheon Au Lighthouse RC Tigertown Au Geophysics : Trooper Creek Au DHEM Liontown March May July Drilling : Liontown Gap Zone RC/DD Fi
Slide 16: Queensland projects. Big system potential.
Queensland projects. Big system potential. 01 Large, high-grade resource with significant low-risk growth potential 02 Experienced, successful management team, North Queensland based 03 Highly active explorer - 42km of drilling to date, delivered encouraging results 04 Big-system, advanced targets i
Slide 17: Contact us
Contact us 1 / 23 Mackley St, Garbutt, QLD, 4814 +61 8 6245 9828 admin@shnmetals.com.au www.shnmetals.com.au LinkedIn www.linkedin.com/company/70551686 Facebook Sunshine Metals Ltd Twitter #SunshineGold20 ASX SHN
Sunshine Metals — Brisbane Mining Conference (March 2024) on 6ix