Sunshine Metals Limited · ASX:SHN

Sunshine Metals — Investor Presentation (August 2022)

20 slides from Sunshine Metals's investor presentation, Aug 15, 2022

  1. Slide 1: Genuine Scale Potential

    Genuine Scale Potential 15 August 2022 TITOV, RAVENSWOOD WEST PROJECT ASX: SHN

  2. Slide 2: Disclaimer and Disclosure

    Disclaimer and 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 G

  3. 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. Share Price $0.025 PhD (Struct. Geo), MAIG Discovery success: Spectrum Metals, Black Cat Syndicate, Silver Lake Resources and Gold Fi

  4. Slide 4: Value Proposition

    Value Proposition Blue Sky • Ongoing discovery potential Hodgkinson Au-Cu-W Project • Cu-Co-Au breccia – rock chips to 8.71 g/t Au, 455ppm Co, 17% Cu 1 • Au drilling: 4m @ 26.39 g/t Au, 4m @ 14.55 g/t Au, 13m @ 3.02 g/t Au 1 Investigator Cu Project • Analogous to Capricorn Copper Mine 12km north - 6

  5. Slide 5: Project Portfolio

    Project Portfolio TRIUMPH Au PROJECT (100%) • Initial JORC Resource 118koz @ 2.0g/t Au under shallow alluvial cover • 2 granted EPM’s, spanning 138sqkm • Best intersections: 10m @ 26.86 g/t Au (51m), 12m @ 13.42 g/t Au (17m) 1 RAVENSWOOD WEST Au, Cu, REE, Mo, Ag PROJECT (100%) • Prospective for porp

  6. Slide 6: Triumph Au Project

    Triumph Au Project • Analogous to the Ravenswood Gold Mine (6.6m oz) • 15km² long intrusion related gold system • Potential to host discrete high-grade vein deposits and large-scale, shear hosted deposits. Genuine scale potential: • Inferred JORC Resource of 118 koz @ 2.03 g/t Au 2 • 3 mineralised c

  7. Slide 7: Triumph >10km Mineralised Corridors

    Triumph >10km Mineralised Corridors • >10km of mineralised corridors defined by drilling and sampling 1,2 • 118koz Inferred JORC Resource • Shallow, 85% < 100m depth • 1.2km strike in Southern Corridor • Significant growth potential 7

  8. Slide 8: Southern Corridor, 118koz Au, 20% drilled, <100m

    Southern Corridor, 118koz Au, 20% drilled, <100m

  9. Slide 9: Ravenswood West Project

    Ravenswood West Project • Prolific 20 Moz Au district • Adjacent Queensland’s largest gold mine – Ravenswood Gold Mine • Owned by Owen Hegarty's EMR Capital and $1.4b Golden Energy and Resources (SGX:AUE) • Porphyry Cu-Au-Ag-Mo • 15km long mineralised corridor • Breccia Au • Mt Leyshon (3.5 Moz) & M

  10. Slide 10: Ravenswood West 15km Cu-Au-Ag-Mo Corridor

    Ravenswood West 15km Cu-Au-Ag-Mo Corridor 10

  11. Slide 11: Ravenswood West Cu-Au-Ag-Mo

    Ravenswood West Cu-Au-Ag-Mo • ~15km long Cu-Au-Ag-Mo corridor Bank Cu-Au-Ag-Mo Soils and IP • Large-scale, outcropping systems • Advanced target Titov • 500m strike, 350m depth, ~80m thick 5 • Best Intersections: 66m @ 2.10% CuEq (21TVRC004) 2 • Exciting targets at Bank, Gagarin and Keans • Bank lar

  12. Slide 12: Ravenswood West Breccia Au

    Ravenswood West Breccia Au Mt Leyshon (3.5 Moz) * * Modified from Orr TH and Orr LA, 2004, Mt Mt Wright (1 Moz) Leyshon Gold Deposit, CRC LEME

  13. Slide 13: Breccia Au - Wilburs Hill

    Breccia Au - Wilburs Hill • In Breccia Au regional trend • Coincident pathfinder geochemical anomalism • Brecciated volcanics with sulphides • Deep IP/MT geophysical survey in progress

  14. Slide 14: Ravenswood West Rare Earths - Au

    Ravenswood West Rare Earths - Au • Anomalous Rare Earth and Au in stream samples • Barrabas Adamellite source of Rare Earths 25.0 g/t Au • High Nd-Pr • 25 g/t Au rock chip in Barrabas Adamellite Soils > 1,200ppm TREO 4 14

  15. Slide 15: Hodgkinson Au-Cu-W

    Hodgkinson Au-Cu-W • Cu-Co-Au breccia – rock chips to 8.71 g/t Au, 455ppm Co, 17% Cu 1 • Au drilling: 4m @ 26.39 g/t Au, 4m @ 14.55 g/t Au, 13m @ 3.02 g/t Au 1

  16. Slide 16: Investigator Cu

    Investigator Cu • Analogous to Capricorn Copper Mine 12km north - 61mt @ 1.8% Cu • Expertise in area – PhD focus area and ex- Exploration Manager in district • Recent success 9km to north by 29 Metals (ASX:29M) – 72.9m @ 2.9% Cu (ASX: 1/8/22)

  17. Slide 17: Upcoming Newsflow

    Upcoming Newsflow • August/September 2022  RC results – Ravenswood Cu-Au-Ag-Mo  Ravenswood West Breccia Au IP/MT survey results  Ravenswood West Cu-Au-Ag-Mo and Breccia Au drilling • October 2022  Ravenswood West Cu-Au-Ag-Mo and Breccia Au drilling  Ravenswood West Rare Earths auger commences D

  18. Slide 18: Investment Case

    Investment Case • Large Queensland holding in under explored Tier 1 jurisdiction • Genuine large-scale potential at all projects • Leverage to multiple high value metals • Highly active explorer • Experienced & successful management team, North Queensland based

  19. Slide 19: Connect with us

    Connect with us: Registered office 1 / 23 Mackley St, Garbutt, QLD, 4814 P +61 8 6245 9828 E admin@shngold.com.au W www.shngold.com.au Facebook Sunshine Gold Ltd Twitter #SunshineGold20 19

  20. Slide 20: Referenced Announcements

    Referenced Announcements 1. 25 Sep 2020 Prospectus 2. 31 Mar 2022 Robust Maiden Resource at Triumph Gold Project 3. 2 May 2022 Excellent Recoveries from Metallurgical Test Work at Titov 4. 26 July 2022 Soils & Mineralogical Study Confirm Rare Earth Potential Ravenswood West 5. 11 Aug 2022 Broad Copp

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