Sunshine Metals Limited · ASX:SHN
Sunshine Metals — Virtual Gold Conference (February 2022)
15 slides from Sunshine Metals's conference presentation, Feb 10, 2022
Slide 1: Virtual Gold Conference
Virtual Gold Conference 10 February 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 $0.045 PhD (Struct. Geo), MAIG exploration success at Spectrum Metals, Black Cat Syndicate, Silver Lake Reso
Slide 4: Investment Case
Investment Case • Maiden JORC Gold Resource Triumph due March 2022 • Drilling results from mid February 2022 • Emerging Cu-Ag-Mo system at Titov, Ravenswood West • IP survey & historic core resample February 2022, • RC drilling April 2022 • REE (Nd,Pr) & Au at Elphinstone Creek, Ravenswood West • So
Slide 5: 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 6: 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 • 9,332m drilling completed Feb 2022 • Infill and extension program to delineate JORC Resource for release March 2022 • 8,
Slide 7: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign • RC drilling to test a range of prospects in the “Southern Corridor” • Southern Corridor comprised of Super Hans, Big Hans, South Constitution and New Constitution. • First round RC results include; • 16 m @ 5.48 g/t Au (34m, 21SHRC002) SUPER HANS • 3 m @ 12.95 g/t Au (
Slide 8: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor 8
Slide 9: 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 9
Slide 10: 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 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 known
Slide 11: 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 • Historic 1969 core located in Brisbane • Holes DDH5
Slide 12: Titov Diamond Core
Titov Diamond Core • Intersected main mineralised target at 297m • Approx 200m down dip of the previous deepest hole • 84m zone of intense quartz veining and chlorite-sericite alteration overprinting potassic alteration • Potassic alteration zone contains chalcopyrite in discrete quartz veining 12
Slide 13: 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 • To date only 14% of the 27km2 intrusion sampled • High neodymium (Nd) and praseodymium (Pr) content • Sampling planned to recommence in March 2022 13
Slide 14: Summary
Summary • Queensland focussed 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 • 15km long Cu-Au-Ag-Mo-REE zone with known mineralisation at Ravenswood West • Ass
Slide 15: 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 15
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