Sun Silver Ltd. · ASX:SS1
Sun Silver — Investor Presentation (July 2025)
17 slides from Sun Silver's investor presentation, July 2025
Slide 1: Sun Silver Limited Investor Presentation
SUN SILVER LIMITED Maverick Springs Silver-Gold Project, Nevada, USA ASX: SS1 INVESTOR PRESENTATION JULY 2025
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: Largest Pre-Production Primary Silver Project on the ASX
LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX JORC INFERRED MINERAL RESOURCES ESTIMATE 480 Moz Silver Equivalent at 68.29 g/t 296 Moz 2.16 Moz Silver at 42.20 g/t Gold at 0.31g/t (1) Refer to Appendix A and the Company's ASX announcement dated 26 March 2025 for further details regarding t
Slide 4: Re-assays Deliver +20% Silver Grades
RE-ASSAYS DELIVER +20% SILVER GRADES Historical pulp re-assay program results demonstrate consistent uplift in mean silver grades across initial holes tested: ~25% higher silver grades overall ~22% uplift for silver grades between 10 g/t and 100 g/t ~26% uplift for silver grades >100g/t Up to 195 dr
Slide 5: Corporate Summary
Corporate Summary Transformational placement led by Leading Global Institutions CAPTIAL STRUCTURE ASX: SS1 Existing Shares on Issue (pre-Placement) 145.5m New Shares under Placement 32.6m Shares on Issue post Placement 178.1m Ind. Market Capitalisation (at issue price A$0.92) A$163.8m Cash (31-Mar-2
Slide 6: Board and Management
BOARD AND MANAGEMENT Andrew Dornan Shaun Hardcastle Dean Ercegovic Nathan Marr Keith Wood Managing Director Non-Executive Chair Non-Executive Director Non-Executive Director Exploration Manager Andrew is a seasoned mining Shaun has a distinguished legal Founding Director and Chief Nathan is a qualif
Slide 7: Mineral Resource Flexibility / 2024 Value Accretive Drilling
MINERAL RESOURCE FLEXIBILITY Cut-off AgEq AgEq Ag Ag Au Au AgEq Tonnes (g/t) (Moz) (g/t) (Moz) (g/t) (Moz) (g/t) 30 218.5 68.29 479.9 42.2 296.5 0.31 2.16 55 120.0 90.01 347.4 59.8 230.8 0.36 1.37 65 92.6 98.93 294.4 67.16 199.9 0.37 1.11 2024 VALUE ACCRETIVE DRILLING Metres Drilled ~7,500m All in D
Slide 8: Maverick Springs – The Largest Pre-Production Primary Silver Project on the ASX
MAVERICK SPRINGS – THE LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX1 300 250 200 M Oz silver 150 100 50 0 Maverick Bowdens Maronan Kempfield Paris Silver Sorby Hills Wonawinta Cerro Bayo Cerro Leon Sala Copalqui Springs SVL MMA ADR project BML MKR ASL USL AQI MTH SS1 IVR With a Silver-on
Slide 9: Maverick Springs – Long Section
MAVERICK SPRINGS – LONG SECTION 9 (1) For previously released drillhole intercepts refer to ASX announcements dated 12 September 2024, 24 September 2024, 26 March 2025 and 2 July 2025.
Slide 10: Widespread Antimony Throughout
WIDESPREAD ANTIMONY THROUGHOUT • Historic multi-element re-assay program demonstrates consistent Sb results throughout mineral resource zone, intercepts include: - MR059 – 30.7m at 0.20% Sb from 186m - MR065 – 66m at 0.12% Sb from 161m including 23.71m at 0.23% Sb from 181m with 1.5m interval 1.74%
Slide 11: Maverick Springs – Metallurgy Next Steps
MAVERICK SPRINGS – METALLURGY NEXT STEPS Activity Objective Parameters Rationale Perform bottle roll tests on diamond-drilled master Understand the relationship between and variability composites. particle size and recovery for heap leach Previous testwork (2002 & 2006) showed silver recovery is str
Slide 12: Maverick Springs – Forward Work Plan
MAVERICK SPRINGS – FORWARD WORK PLAN Activity Forecast Timeline Outcome Diamond drilling for metallurgical samples Commenced and ongoing Provide representative feed for testing Reprocessing of historical core looking identifying suitable zones for Met Testing Commenced and ongoing Provide representa
Slide 13: Potential Catalysts – Maverick Springs
POTENTIAL CATALYSTS – MAVERICK SPRINGS • Consistent drill results throughout the remainder 2025 into 2026 – (90 Drill pad locations approved) • Maiden near surface Mineral Resource targeted • Metallurgical test work results • Multiple increases to Mineral Resource targeted: 1. Increase silver grade
Slide 14: Growth via Consolidation, Resource Growth & Asset Confidence
GROWTH VIA CONSOLIDATION, RESOURCE GROWTH & ASSET CONFIDENCE Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Resource Extensional Drilling Infill Drilling Metallurgical Testwork Historical Re-assay Program Baseline Environmental Surveys Internal PEA / Scoping Study Scoping Study / PEA The timetable is indic
Slide 15: Thank You
Thank You Contact Information: Investor Relations: Andrew Dornan Nicholas Read Managing Director Read Corporate A: 288 Railway Parade, West Leederville, WA, 6007 T: +61 (08) 9388 1474 W: sunsilver.com.au E: nicholas@readcorporate.com.au E: info@sunsilver.com.au
Slide 16: Appendix A – Maverick Springs Mineral Resource
Appendix A – Maverick Springs Mineral Resource Classification Cut-off (g/t AgEq) Tonnes AgEq (Moz) AgEq (g/t) Ag (Moz) Ag (g/t) Au (Moz) Au (g/t) Inferred 30 218,541,000 479.8 68.29 296.5 42.2 2.16 0.31 (1) Maverick Springs Mineral Resource estimated in accordance with the Australasian Code for Repo
Slide 17: Appendix B – External Sources
Appendix B – External Sources Measured Indicated Inferred Size Grades Contained Ag Resource Deposit Country Operator Index Stage Year Standard Source (Mt) (Mt) (Mt) (Mt) (Ag g/t) (Moz) Category https://www.sunsilver.com.au/maverick-springs Maverick Springs USA Sun Silver SS1 Pre-Development 0.0 0.0