Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Brisbane Mining Energy and Minerals Conference 2022
18 slides from Sunshine Metals's conference presentation, Mar 23, 2022
Slide 1: Brisbane Mining Energy and Minerals Conference
Brisbane Mining Energy and Minerals Conference 23 March 2022 TITOV CU-AU-AG-MO, 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 Geologist with over 20 years mining and Managing Director exploration experience. Led teams to Share Price $0.049 PhD (Struct. Geo), MAIG exploration success at Spectrum Metals, Black Cat Syndicate, Silver Lake Reso
Slide 4: Investment Case
Investment Case • Large land holding in under explored Tier 1 jurisdiction Queensland holding located around significant gold provinces Limited historical work on 4 highly prospective project areas • Leverage to multiple high value metals Gold, Copper, Molybdenum, Silver, REE • Well funded and
Slide 5: Queensland - Under Explored, Well Endowed
Queensland - Under Explored, Well Endowed Queensland Western Australia • Over last 20 Years WA exploration spend 6.4x Qld spend • WA $28.3 billion vs Qld $4.4 billion • Although drilling intensity a lot lower, gold & copper deposits are typically large Mount Morgan 8.0Moz Au equiv Ravenswood 6.6
Slide 6: 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 • Maiden JORC Resource March 2022 RAVENSWOOD WEST Au, Cu, Ag, Mo & REE PROJECT (100%) • Prospective for porphyry Cu-Au-Mo, intrusion-related
Slide 7: Triumph Gold Project
Triumph Gold Project • 50 km south of Gladstone mining centre • 7,126m RC drilling campaign completed in March 2021 • Drilling success at Super Hans, Big Hans & New Constitution • 9,355m drilling completed Feb 2022 • Infill and extension program to delineate maiden JORC gold Resource • 8,832m RC (80
Slide 8: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign • March 2021 RC drilling tested a range of prospects in the “Southern Corridor” • Southern Corridor comprises Super Hans, Big Hans, South Constitution and New Constitution • Sunshine Gold Southern Corridor RC results include; • 16 m @ 8.44 g/t Au (38m, 22SHRC018) • 4 m @
Slide 9: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor 9
Slide 10: Ravenswood West Cu-Au-Ag-Mo-REE Project
Ravenswood West Cu-Au-Ag-Mo-REE Project • 100 km south of Townsville • Acquired in late March 2021 • Greater district produced over 20 Moz Au • Adjacent the 6.6 Moz Ravenswood Gold Mine (EMR). > $450M being spent on recommissioning • Highly prospective for intrusion related and orogenic gold deposit
Slide 11: Cu-Au-Ag-Mo Targets
Cu-Au-Ag-Mo Targets • Active since April 2021, conducting early stage field work and reconnaissance drilling across the entire tenure. • ~15km long Cu-Au-Ag-Mo corridor with multiple key targets • Drilling in 1950’s & 1960’s confirmed broad zones of Cu-Mo, not assayed for Au-Ag • Large scale targets
Slide 12: Titov Cu-Ag-Mo
Titov Cu-Ag-Mo • Malachite-stained granodiorite with abundant quartz veins • Defined over 350m strike & 350m depth • 8 RC holes (1,550m) and 1 diamond hole (501.5m) drilled • Diamond hole confirmed mineralisation style, thickness and orientation • Metallurgical test work in progress • Historic 1969
Slide 13: Titov Diamond Core
Titov Diamond Core • Intersected main mineralised target at 297m • ~ 200m down dip of the previous deepest Molybdenite hole Chalcopyrite • 84m zone of intense quartz veining and chlorite-sericite alteration overprinting potassic alteration • Potassic alteration zone contains chalcopyrite in discrete
Slide 14: Elphinstone Creek REE - Au
Elphinstone Creek REE - Au • Anomalous REE and Au in stream sed samples • Follow up soil sampling confirms the Barrabas Adamellite is REE enriched and possible regional source • To date only 14% of the 27km2 intrusion sampled • High neodymium (Nd) and praseodymium (Pr) content • Sampling planned to
Slide 15: Ravenswood West Optics
Ravenswood West Optics • Titov1 - northern area of 15km identified corridor Multiple High Value Metals Mineralisation from surface, multiple + 100 metre intercepts Currently 350m strike x 350m depth, A$2,600 ounce Remains open along strike and at depth Broad Cu grades ~0.4%, enriched zones u
Slide 16: Upcoming Catalysts
Upcoming Catalysts • March 2022 Triumph Maiden JORC gold Resource Titov diamond drill results Elphinstone Creek REE soil sampling recommencement • April 2022 Titov metallurgical test work results Diamond Core from Super Hans Titov IP results Titov RC drilling recommencement • May 2022 Wil
Slide 17: Summary
Summary • Highly prospective projects in under explored Tier 1 jurisdiction • Experienced, successful management team and North Queensland based technical team • Well funded and highly active explorer • 24km drilling to date delivered highly encouraging results • Leverage to multiple high value meta
Slide 18: 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 18
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