Sun Silver Ltd. · ASX:SS1
Sun Silver — Resources Rising Stars Conference 2024
19 slides from Sun Silver's conference presentation, Sep 4, 2024
Slide 1: Amended Investor Presentation
ASX Announcement ASX: SS1 4th September 2024 Amended Investor Presentation Sun Silver Limited (ASX Code: SS1) (“Sun Silver” or “the Company”) refers to its announcement dated 3 September 2024 titled ‘Investor Presentation - RRS Gold Coast Conference’ (Presentation). The Company advises that slides 5
Slide 2: Sun Silver Limited - Resources Rising Stars Conference 2024
SUN SILVER LIMITED ASX CODE - SS1 Resources Rising Stars Conference 2024 September 2024
Slide 3: 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 4: Investment Highlights
INVESTMENT HIGHLIGHTS Largest pre-production primary silver deposit on ASX1 • Significant increase in Mineral Resource – 45% increase from 292Moz to 423Moz at 67.25g/t AgEq2 • Maverick Springs is the largest pre-production primary silver asset on the ASX with 253Moz at 40.25gt Ag Continued growth po
Slide 5: Maverick Springs Updated JORC Mineral Resources Estimate
MAVERICK SPRINGS UPDATED JORC MINERAL RESOURCES ESTIMATE 45% 423 Moz Increase in Mineral Silver Equivalent at Resource 67.25 g/t 253 Moz 2 Moz Silver at 40.25 g/t Gold at 0.32g/t (1) Mineral Resource estimated in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Res
Slide 6: Maverick Springs - The Largest Pre-Production Primary Silver Project on the ASX
MAVERICK SPRINGS - THE LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX 250 200 150 M Oz Silver 100 With a Silver-only resource of 253 Moz, Maverick Springs is 50 the largest pre- production primary silver asset on ASX2. 0 Maverick Bowdens Maronan Kempfield Paris Silver Sorby Hills Wonawinta
Slide 7: Corporate Summary
Corporate Summary Shareholder Distribution Shares on Issue – 124.98M Market Capitalisation – ~$82.5M at 66c share 46% 54% IPO 15th May @ $20c Cash as of 30 June 2024 – $6.58M Top 20 Shareholders Balance of Holders 6
Slide 8: Board and Management
Board and Management Gerard O’Donovan Dean Ercegovic Nathan Marr Robert Anderson Executive Director Non-Executive Chairperson Non-Executive Director Exploration Manager – Nevada • Previous MD & CEO of Battery Age • Founding Director & Chief Operating • Qualified metallurgist with over 20 • 17 year e
Slide 9: Interactive Overview – Maverick Springs Project
Interactive Overview – Maverick Springs Project https://vrify.com/decks/16726?auth=e94a7bbc- 2e25-4cae-b5f9-0908302e0761 (1) The information in the Interactive Overview that relates to exploration results and estimates of mineral resources at the Maverick Springs Project is extracted from the Compan
Slide 10: All extensional holes to date have intersected high grade silver mineralisation up to 605g/t
All extensional holes to date have intersected high grade silver mineralisation up to 605g/t1 • 100% success rate: all extensional holes to date intersecting high-grade silver mineralisation outside the recently upgraded resource. • pXRF analysis shows antimony readings up to 1,327ppm antimony (Sb),
Slide 11: What's next in the field
What's next in the field • Extensional drill intercepts have proven the theory that high grade mineralisation extends to the northwest. • Geophysics, geochem & field mapping has been interpreted & defined further high priority drill targets1 • Drilling continues to focus on testing extensional holes
Slide 12: Macro Silver Market – Supply/Demand Balance v Price
Macro Silver Market – Supply/Demand Balance v Price Deficit / Surplus M Oz Ag USD / Ag Oz Source: Refer to Appendix A 11
Slide 13: Silver & Solar
Silver & Solar Silver is an essential material of every solar panel. 23% of a panel material cost is silver Silver Demand for Solar Panels 2014 - 2024 Silver demand from solar panels increased 380% since 2014 from 48 million ounces, to 232 m Oz in 2024. Maintaining current trajectory of solar panel
Slide 14: USA Target 30% Solar by 2030
USA Target 30% Solar by 2030 Currently 3% Solar 125 GW per annum Silver the most critical additional capacity target By 2030 metal posing price and supply risks 98% of the current global silver reservescould be depleted by 2050 based on demand projections. Source: Refer to Appendix A 13
Slide 15: Silver Paste Opportunity – US Growth Market
Silver Paste Opportunity – US Growth Market • Silver paste a key component in PV panel supply chain manufacturing • Over 90% of Solar PV cells manufactured in China. • 50% Tariff on Chinese solar imports to US • Banned imports from Xinjiang – 50% PV supply – due to ESG concerns • USD$60m Silver Past
Slide 16: Key Activities
Key Activities RESOURCE RESOURCE UPGRADE/GROWTH CLASSIFICATION UPGRADE SILVER PASTE INVESTIGATION DRILLING – EXTENSIONAL & INFILL MET TEST WORK Resource increase 7500m Infill & Increase classification Expand historical test Investigative studies utilising current market Extensional Drilling of curre
Slide 17: Thank You
Thank You Contact Information: Gerard O’Donovan Executive Director A: 288 Railway Parade, West Leederville, WA, 6007 W: sunsilver.com.au E: info@sunsilver.com.au Investor Relations: Nicholas Read Read Corporate T: (08) 9388 1474 E: nicholas@readcorporate.com.au 16
Slide 18: Appendix A – External References
Appendix A – External References Slide 11 Sources include: https://www.silverinstitute.org/wp-content/uploads/2024/04/World-Silver-Survey-2024.pd https://www.nasdaq.com/market-activity/commodities/si-cmx/historicalf Slide 12 Sources include: https://www.silverinstitute.org/wp-content/uploads/2023/04
Slide 19: Appendix B – Silver Deposit Comparisons
Appendix B – Silver Deposit Comparisons Deposit Country Operator Stage Measured Indicated Inferred Size Grade Contained Year Resource Standard Source (Mt) (Mt) (Mt) (Mt) (Ag g/t) Ag (Moz) Category Maverick USA Sun Silver Pre-Production 0.0 0.0 195.7 195.7 40.2 253 2024 Mineral Resource JORC https://