Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Australian Gold Conference (August 2024)
22 slides from Sunshine Metals's conference presentation, Aug 27, 2024
Slide 1: Australian Gold Conference: Liontown Gold-Copper
Australian Gold Conference Liontown Gold-Copper. For personal use only Kicking goals in North Qld. 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: Corporate Snapshot
Corporate Snapshot Share price Market capitalisation Shares on issue Cash Unlisted options Directors’ Investment For personal use only $0.013 $20.6m 1,588m $3.5m 351.7m $3.4m 26 August 2024 26 August 2024 26 August 2024 As at 30 June 2024 52 week high $0.039, low $0.009 Queensland projects. Big syst
Slide 4: Strong Leadership
Strong Leadership Extensive experience in the resources sector, including project acquisition, development and operations For personal use only Damien Keys Alec Pismiris Anthony Torresan Paul Chapman Les Davis Matt Price Managing Director Non-Exec Chairman Non-Exec Director Non-Exec Director Non-Exe
Slide 5: Queensland projects. Big system potential, Au-Cu focus.
Queensland projects. Big system potential, Au-Cu focus. For personal use only 01 Large, high-grade Au-Cu-Zn resource with significant low-risk growth potential 02 Highly active explorer - >50km of drilling to date, delivered exceptional results 03 Experienced, successful management team, North Queen
Slide 6: Triumph Divestment. $1m cash, $1m shares.
Triumph Divestment. $1m cash, $1m shares. For personal use only Binding agreement with Dart Mining* (ASX:DTM): • $1m cash • $1m in DTM fully paid ordinary shares This allows: • Sunshine to focus exploration at flagship Ravenswood Consolidated • Retain upside to Triumph via sig. holding in DTM * Bind
Slide 7: Ravenswood Consolidated Location and Infrastructure
Ravenswood Consolidated Location and Infrastructure Large holding in prospective For personal use only district that’s produced: 20Moz 14Mt Au Cu-Zn-Au-Pb Townsville facilities: • Townsville SHN head office • Cu and Zn refineries, Concentrate export port • $75M critical metals common user facility •
Slide 8: Liontown Months Highlights. Impressive intersections, project advancing.
Liontown 12 Months Highlights. Impressive intersections, project advancing. 17m @ 22.05g/t Au (from 67m, 23LTRC002) For personal use only 20m @ 18.21g/t Au (from 114m, 24LTRC005) 16.2m @ 4.54g/t Au, 1.11% Cu (from 319m, 24LTDD024) Including 6.2m @ 9.00g/t Au, 2.52% Cu 16.7m @ 3.73g/t Au, 0.53% Cu (f
Slide 9: Months of Big Gold Hits
12 Months of Big Gold Hits Significant Au without even including the Cu and Zn! For personal use only Compiled by Minerdeck & Opaxe Queensland projects. Big system potential. ASX SHN | 9
Slide 10: Liontown Polymetallic VMS
Liontown Polymetallic VMS Au-Cu footwall, Zn-Pb-Ag contact lode S N Au-Cu footwall Zn-Pb-Ag contact For personal use only Carrington, Gap Zone Contact Lode, New Queen • Pb-Zn-Ag rich lode on contact of sediments and volcanics • Au-Cu rich lodes in footwall of contact • ~50m standoff distance between
Slide 11: Liontown Months - More Highlights!
Liontown 12 Months - More Highlights! More hits than... ~6,000m of historic core processed Saving ~$1.2m in drilling cost & 3 months drilling time For personal use only 7.0m @ 2.50g/t Au, 0.41% Cu, 11.89% Zn, 5.04% Pb (from 94m, LTDD22070) 9.0m @ 1.54g/t Au, 1.67% Cu, 5.29% Zn (from 79m, LTDD22080
Slide 12: Liontown Resource Growth
Liontown Resource Growth New thick, high-grade mineralisation in Gap Zone For personal use only Queensland projects. Big system potential. ASX SHN | 12
Slide 13: Emerging ASX Gold & Base Metals Player
Emerging ASX Gold & Base Metals Player 5.45Mt @ 12.0% ZnEq Resource For personal use only 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 U
Slide 14: Ravenswood Consolidated: Building a district presence
Ravenswood Consolidated Building a district presence 5.45 mt @ 12.0% ZnEq Resource For personal use only Comprised 6.6% Zn, 1.1g/t Au, 1.0% Cu, 2.0% Pb, 37g/t Ag from Liontown, Liontown East, Waterloo & Orient VMS systems 90km underexplored VMS stratigraphy Advanced targets at Truncheon, Highway Eas
Slide 15: Amazing Prospectivity
* Resource estimate not JORC Compliant Highway East & Truncheon ** Drill hole not assayed for Au Amazing Prospectivity Liontown Waterloo Highway Reward Cu-Au Snake Oil For personal use only Highway Reward • 3.9Mt @ 5.4% Cu, 1.1g/t Au mined (1987 – 2003) Handcuff Best drill intersections: • 48m @ 11.
Slide 16: Amazing Prospectivity
* Resource estimate not JORC Compliant Highway East & Truncheon ** Drill hole not assayed for Au Amazing Prospectivity Liontown Waterloo Highway Reward Cu-Au Snake Oil For personal use only Highway Reward • 3.9Mt @ 5.4% Cu, 1.1g/t Au mined (1987 – 2003) Handcuff Truncheon Highway East Queensland pro
Slide 17: Highway East & Truncheon
Highway East & Truncheon Drilling planned late September 2024 Truncheon Highway East & Truncheon For personal use only • Coincident gravity, IP Chargeable Highway and low resistivitiy anomalies East • Coincident Cu, Pb, Zn soil anomalism above geophys anomalies Highway Reward • Structural setting si
Slide 18: Exciting 2024 and beyond.
Exciting 2024 and beyond. The year ahead at Ravenswood Consolidated. 01 Upcoming Drilling: For personal use only 1. Extensions Liontown Gap 2. Highway East & Truncheon 3. Echidna-Ermine 4. Double Event 02 Geophys, mapping and sampling: 1. Drone mag: Double Event, Lower Lighthouse and Bluff Creek 2.
Slide 19: North QLD based
North QLD based Local Townsville-based team, 2hrs to project For personal use only Queensland projects. Big system potential. ASX SHN | 19
Slide 20: Queensland projects. Big system potential, Au-Cu focus.
Queensland projects. Big system potential, Au-Cu focus. For personal use only 01 Large, high-grade Au-Cu-Zn resource with significant low-risk growth potential 02 Highly active explorer - >50km of drilling to date, delivered exceptional results 03 Experienced, successful management team, North Queen
Slide 21: Contact details
For personal use only ASX SHN 1 / 23 Mackley St, Garbutt, QLD, 4814 LinkedIn www.linkedin.com/company/70551686 +61 8 6245 9828 Facebook Sunshine Metals Ltd admin@shnmetals.com.au Twitter #SunshineGold20 Queensland projects. Big system potential. www.shnmetals.com.au ASX SHN | 21
Slide 22: References
References For the latest resource update at the Liontown deposit, please refer to: • ASX: SHN, 7th February 2024, Significant Increase in Liontown Resource For personal use only For the most recent previous releases outlining SHN drill assay results please refer to: • ASX: SHN, 8th May 2023, Fully
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