Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Noosa Mining Conference 2021
16 slides from Sunshine Metals's conference presentation, Nov 11, 2021
Slide 1: Noosa Mining Conference
Noosa Mining Conference 11 November 2021 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 $0.047 PhD (Struct. Geo), MAIG exploration success at Spectrum Metals, Black Cat Syndicate, Silver Lake Reso
Slide 4: 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 expected March 2022 RAVENSWOOD WEST GOLD – COPPER – REE PROJECT (100%) • Prospective for porphyry Cu-Au-Mo, intrusion-
Slide 5: Triumph Gold Project
Triumph Gold Project • 50 km south of mining centre Gladstone • 7,126m RC drilling campaign completed in March 2021 • Drilling success at Super Hans, Big Hans & New Constitution • RC drilling recommenced 10 November 2021 • Infill and extension program to delineate JORC Resource for release March 202
Slide 6: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign • RC drilling to test a range of prospects • Geochem and structural reinterpretation lead to exploration success at Super Hans, Big Hans and New Constitution – Southern Corridor • Results include; • 16 m @ 5.48 g/t Au (34m, 21SHRC002) SUPER HANS • 3 m @ 12.95 g/t Au (30m
Slide 7: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor 7
Slide 8: Ravenswood West Cu-Au-Ag-Mo-REE Project
Ravenswood West Cu-Au-Ag-Mo-REE Project • Acquired in late March 2021 • Greater district produced over 20 Moz Au • Adjacent the 9.8 Moz Ravenswood Gold Mine (EMR). > $300M being spent on recommissioning • Highly prospective for intrusion-related and orogenic gold, porphyry Cu- Au-Ag-Mo and REE 8
Slide 9: Ravenswood West Prospects
Ravenswood West Prospects • Active since April 2021, conducting early stage field work and reconnaissance drilling across the entire tenure. • ~15km long Cu-Au-Ag-Mo zone with 7 key targets • Drilling in 1950’s & 1960’s confirmed broad zones of Cu-Mo, not assayed for Au-Ag • Large scale targets with
Slide 10: Dreghorn Au Prospect
Dreghorn Au Prospect • Strong soil anomalism > 100 ppb Au across 9km of strike • Defined extension of Kirkers workings over 1.5 km strike – high priority for 2022 drilling
Slide 11: Keans Cu-Au-Ag-Mo Prospect
Keans Cu-Au-Ag-Mo Prospect • Adjacent major regional shear zone • Undrilled since 1962 • Gold mined from Heuirs Shaft in 1930’s • Rock chip samples collected in 1961, from Heuirs Shaft contained; • 25.04 % Cu • 8.71 g/t Au • 578.55 g/t Ag • 0.26% Mo • No drilling beneath Heuirs Shaft
Slide 12: Keans Cu-Au-Ag-Mo Prospect
Keans Cu-Au-Ag-Mo Prospect • Drilled 15 RC holes (1,830m) testing 21KNRC004 mapped veins and geophysical targets under cover 21KNRC004 21KNRC005 • Encouraged by veining, sulphide and 21KNRC004 alteration • Assays pending - due end November 2021 21KNRC011 28m to 29m Qtz veining – sericite alteration
Slide 13: Titov Cu-Au-Ag-Mo Prospect
Titov Cu-Au-Ag-Mo Prospect • Malachite-stained granodiorite with abundant quartz veins • 8 RC holes (1,550m) drilled • Assays returned for first two holes drilled: • 121m @ 0.35 % Cu, 0.11 % Mo, 1.99 g/t Ag, from 1m • 91m @ 0.25 % Cu, 0.05 % Mo, 1.37 g/t Ag, from surface • 8m @ 0.26 % Cu, 0.06 % Mo,
Slide 14: Gagarin Cu-Au-Ag-Mo Prospect
Gagarin Cu-Au-Ag-Mo Prospect • Magnetic & radiometric anomaly • SHN mapped and rock chip sampled: 10.96% Cu, 0.48 g/t Au, 4.61 g/t Ag, 0.10% Mo (GG001) • Shallow RC (1999) encouraging • North and south targets undrilled Sample GG013: 4.31% Cu, 0.45 g/t Au, 3.01 g/t Ag, 414 ppm Mo 14
Slide 15: Summary
Summary • Qld focussed Au-Cu explorer with 4 highly prospective projects • Experienced, successful management team and North Queensland based technical team • Maiden JORC Resource at Triumph Au Project in March 2022 • Drilling underway • 15km long Cu-Au-Ag-Mo zone with known mineralisation at Ravens
Slide 16: 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 16