Sun Silver Ltd. · ASX:SS1
Sun Silver — Bell Potter UnEarthed Conference 2025
16 slides from Sun Silver's conference presentation, February 2025
Slide 1: Sun Silver Limited - Bell Potter UnEarthed Conference
SUN SILVER LIMITED ASX CODE - SS1 Bell Potter UnEarthed Conference February 2025
Slide 2: 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 3: 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 4: Maverick Springs Updated JORC Mineral Resources Estimate
MAVERICK SPRINGS UPDATED JORC MINERAL RESOURCES ESTIMATE 45% 423 Moz Increase in Mineral Silver Equivalent at Resource since listing 67.25 g/t 253 Moz 2 Moz Silver at 40.25 g/t Gold at 0.32g/t 1. Maverick Springs Mineral Resource estimated in accordance with the Australasian Code for Reporting of Ex
Slide 5: Maverick Springs - The Largest Pre-Production Primary Silver Project on the ASX
MAVERICK SPRINGS - THE LARGEST PRE-PRODUCTION PRIMARY SILVER PROJECT ON THE ASX With a Silver-only resource of 253 Moz, Maverick Springs is the largest pre- production primary silver asset on ASX2. (1) Deposit resource calculations displayed above include Measured, Indicated and Inferred resources.
Slide 6: Corporate Summary
Corporate Summary Shareholder Distribution Shares on Issue – 145.5M Market Capitalisation – ~$104.8M at $0.72 44% 56% IPO 15th May @ $20c Cash as of 31 Dec 2024 – $13.6M Top 20 Shareholders Balance of Holders 6
Slide 7: Interactive Overview – Maverick Springs Project
Interactive Overview – Maverick Springs Project Vrify Interactive Maverick Springs Model (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 Company’s Replacement Prospectus dated
Slide 8: What's next in 2025
What's next in 2025 RESOURCE RESOURCE SILVER PASTE INVESTIGATION CLASSIFICATION UPGRADE UPGRADE/GROWTH DRILLING – EXTENSIONAL & INFILL MET TEST WORK Multiple Resource 2025 Drill Resource Further test work Investigative studies updates based on Campaign Classification upgrade programs – Pricing in in
Slide 9: 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 9
Slide 10: Macro Silver Market – Supply/Demand Balance v Price
Macro Silver Market – Supply/Demand Balance v Price Deficit / Surplus M Oz Ag USD / Ag Oz 10
Slide 11: 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 12: 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. 12
Slide 13: 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 14: Appendix A – Maverick Springs Mineral Resource
Appendix A – Maverick Springs Mineral Resource Classification Cut-off Tonnes AgEQ (Moz) AgEQ (g/t) Ag (Moz) Ag (g/t) Au (Moz) Au (g/t) Inferred 30.86 195,735,000 423.2 67.25 253.3 40.25 2.0 0.32 (1) Maverick Springs Mineral Resource estimated in accordance with the Australasian Code for Reporting of
Slide 15: 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 JORC https://www.sunsi
Slide 16: Appendix C – External Sources
Appendix C – External Sources Slide 3 https://silverinstitute.org/global-industrial-demand-on-track-for-a-new-record-high-in-2024/ Slide 10 https://www.silverinstitute.org/wp-content/uploads/2024/04/World-Silver-Survey-2024.pd https://www.nasdaq.com/market-activity/commodities/si-cmx/historicalf Sli