Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Noosa NightCaps, July 2025
12 slides from Sunshine Metals's conference presentation, Jul 23, 2025
Slide 1: A golden pathway to low CAPEX cashflow
Noosa NightCaps Noosa, July 2025 Sun Metals Meeting A golden pathway to For personal use only low CAPEX cashflow. Damien Keys Managing Director ASX:SHN shnmetals.com.au
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 and Board
Corporate Snapshot Board ASX:SHN Experienced leadership Share price Market capitalisation Shares on issue For personal use only $0.011 $23.0m 2.09b 22 July 2025 22 July 2025 22 July 2025 52 week high $0.016, low $0.005 Damien Keys Alec Pismiris Anthony Torresan Managing Director Chair Non-Exec Direc
Slide 4: Investment Summary
Investment Summary Looking to commercialise: For personal use only 95Koz Au @ 4.2g/t Au mining studies commenced 904koz AuEq Resource comprised Au-Cu-Zn-Pb-Ag HG epithermal Au Sybil samples to 907g/t Au Nearby infrastructure: • Townsville SHN head office (150km) • Rail and power through Ravenswood C
Slide 5: Liontown Shallow Au: A path to low CAPEX cashflow
Liontown Shallow Au A path to low CAPEX cashflow Resource • Oxide/transitional Resource (90% on For personal use only granted ML) 249kt @ 2.0g/t Au (16.4koz Au)* • Mineralisation from surface • Inferred Resource to be upgraded by August 2025 – awaiting met test work • Infill drilling included: • 10m
Slide 6: Expanded Liontown Gold Study
Expanded Liontown Gold Study • Shallow Au, Au-Panel and Carrington: For personal use only 713kt @ 4.15g/t Au (95koz Au)* • Au-Panel drilled 2023/24: • 17m @ 22.0g/t Au from 67m, 23LTRC002 • 20m @ 18.2g/t Au from 110m, 24LTRC005 • Carrington Fresh includes: • 17.5m @ 4.39g/t Au from 75m, LTDD19013 •
Slide 7: Sybil Epithermal Au
Sybil Epithermal Au • Acquired in June 2025 For personal use only • Fits shallow, high-grade gold strategy, within Ravenswood Cons. • Shares similarities with Pajingo Au Mine (~4Moz Au mined) • Explored under JV from 1986-1996 • Excellent baseline datasets and highly encouraging early results • Good
Slide 8: Francis Creek Au
Francis Creek Au • Outcropping vein system >3km in strike For personal use only • Trial mined in 1991, grading: 961t @ 7.61g/t Au (235oz Au) • Best drilling intersections: 7m @ 10.6g/t Au from 7m (FCP05) 3m @ 23.2g/t Au from 6m (to EOH, FCP04) 6m @ 10.5g/t Au from 7m (to EOH, FCP46) 6m @ 8.4g/t Au f
Slide 9: Big System Potential
Big System Potential For personal use only • Prospective “boiling zone” thickens to E & SE • Other high-priority targets o Quartz Ridge 68m @ 0.38g/t Au from 36m, FSR070 22m @ 0.55g/t Au from 0m, FSR035 o Francis Creek East 28.1g/t Au rock chip, undrilled Figure modified from AIG NEQ Minerals Worksh
Slide 10: Why Sunshine? Reasons to invest
Why Sunshine? 3 reasons to invest For personal use only Looking to commercialise Liontown Au 01 Met and Resource upgrade August 2025. Mining studies commenced. 02 Further Shallow HG Au potential Sybil low-sulphidation epithermal. Fieldwork commenced, drilling August 2025. 03 Large high-grade VMS Res
Slide 11: For personal use only
For personal use only Unit 26, 31-45 Eyre St, North Ward, QLD, 4810 LinkedIn www.linkedin.com/company/70551686 +61 8 6245 9828 Facebook Sunshine Metals Ltd admin@shnmetals.com.au Twitter #SunshineGold20 www.shnmetals.com.au ASX SHN
Slide 12: References
References For the latest resource update at the Liontown deposit, please refer to: For the most recent releases outlining SHN metallurgical results: For personal use only • ASX: SHN, 11th December 2024, 904Koz AuEq Resource at Ravenswood Consolidated • ASX: SHN, 11th November 2024, Excellent Gold a