Sunshine Metals Limited · ASX:SHN

Sunshine Metals — Brisbane Mining Conference 2023

19 slides from Sunshine Metals's conference presentation, Mar 23, 2023

  1. Slide 1: Brisbane Mining Conference: Gold-Copper in Queensland

    March 2023 Brisbane Mining Conference For personal use only Gold-Copper in Queensland. Damien Keys, Managing Director shngold.com.au ASX:SHN

  2. Slide 2: Clear strategy

    Clear strategy 2 For personal use only Hodgkinson Project Au-W Sunshine Gold is Investigator Project Cairns focused on high Cu Townsville quality gold and Sunshine Gold office Mount Isa copper projects in Ravenswood West Project Queensland. Au-Cu-Mo-Ag-Zn-Pb Gladstone Triumph Project Brisbane Au 2

  3. Slide 3: Corporate snapshot

    Corporate snapshot 3 For personal use only Share price Market capitalisation $A0.015c A$12.3m 22 March 2023 22 March 2023 52 week high $0.050, low $0.012 Shares on issue Cash 819.7m A$3.0m 22 March 2023 31 December 2022 Unlisted options Debt 65.6m A$0.0m (Ex $0.03) 31 December 2022 Performance Right

  4. Slide 4: Sunshine Gold Investment case

    Sunshine Gold 4 Investment case For personal use only Breccia hosted IRGS targets Exploration target Mo Pipeline of Breccia Mineral Hosted IRGS Au Resource Prospects, Ravenswood Emerging Cu-Au-Ag-Mo West Active systems at Ravenswood explorer Initial JORC Au Resource West. Two holes drilled at Polyme

  5. Slide 5: Strong Leadership

    Strong Leadership 5 Extensive experience in the resources sector, including project acquisition, development and operations For personal use only Damien Keys Alec Pismiris Anthony Torresan Paul Chapman Les Davis Managing Director Non-Exec Chairman Non-Exec Director Non-Exec Director Non-Exec Directo

  6. Slide 6: North Queensland based technical team

    North Queensland based technical team 6 Small, dedicated, agile team committed to making Queensland’s next discovery For personal use only Matt Price Exploration Manager MSc, MAIG Matt has extensive experience within Queensland having explored the Mt Isa and Charters Towers provinces for copper, gol

  7. Slide 7: Four projects. Tier one potential. A number of major catalysts ahead.

    Four projects. Tier one potential. 7 A number of major catalysts ahead. For personal use only Ravenswood West Triumph Investigator Hodgkinson Project Project Project Project Au-Cu-Mo-Ag-Zn-Pb Au Cu Au-W Adjacent to Queensland’s Initial JORC Resource Analogous to Capricorn Highly prospective structur

  8. Slide 8: Ravenswood West Project

    SHN 100% 8 SHN/Rockfire JV Townsville Ravenswood West Project Sunshine Gold office Mine Au-Cu-Mo-Ag-Zn-Pb For personal use only 25km N Adjacent to Queensland’s Mt Wright 1 Moz Au largest gold mine Prospective breccia gold corridor Ravenswood Gold Mine 5.6 Moz Resource (EMR & GEAR) Charters Towers Ra

  9. Slide 9: Titov Prospect

    Ravenswood West Project Titov Prospect Cu-Mo-Ag-Au Porphyry For personal use only Exploration Target: 5-8mt @ 0.07% - 0.12% Mo (top 100m) • Mo price AUD$110,000/t – a LME Electric Vehicle metal • HG zones in FW of Titov Main : • 66m @ 0.38% Cu, 0.42% Mo, 3.9 g/t Ag ( 26m, 21TVRC004) • 17m @ 0.65% Cu

  10. Slide 10: Breccia Au Regional

    Ravenswood West Project 10 Breccia Au Regional Large-scale, bulk mining opportunities For personal use only

  11. Slide 11: Wilbur's Hill Prospect

    Ravenswood West Project Wilbur’s Hill Prospect Breccia Hosted IRGS Au-Ag For personal use only • IP-MT anomaly beneath outcropping rhyolite complex • Two diamond holes drilled defined: • 480m interval of >3% pyrite*, including 70m >5% pyrite* (22WHDD001); • 67m interval of >2% pyrite* and a 36m inte

  12. Slide 12: Plateau Breccia Prospect

    Ravenswood West Project Plateau Breccia Prospect * Subject to completing Earn-In. SHN ASX Release, 20th January 2023, Breccia Hosted IRGS Au-Ag For personal use only “Consolidation of High-Grade Advanced Au Prospects RW”. • Plateau included in Lighthouse Farm-In/JV with Rockfire Resources * • JORC I

  13. Slide 13: Snapshot: High Value Metals, Big Systems

    Ravenswood West Project 13 Snapshot High Value Metals, Big Systems For personal use only Breccia-hosted intrusion 15km Cu-Mo-Ag-Au Volcanogenic Massive related Au targets corridor advanced targets Sulphides • Plateau : 50 Koz Au from • Titov : <100m Exploration • Keans : discrete higher grade • Limi

  14. Slide 14: Triumph Project

    14 Triumph Project Au Rockhampton For personal use only Gold Mine Mt Morgan Mine 8Moz Au | ASX:CRB Gold occurrence Gladstone Initial JORC Resource Town 118 Koz @ 2.03 g/t Au 25km N Triumph Project • >85% Resource <100m depth Au • $24 /oz (acquisition & discovery cost) • Resource within 16 months of

  15. Slide 15: Triumph Project: Advanced project

    Advanced project 15 Drill defined Triumph Project Magnetic Early stage Au reconstruction For personal use only • Intrusion-related gold system • Typically large systems eg. Ravenswood, (5.6Moz Au), Mt Rawdon (2.5Moz Au) • 6km long Southern Corridor: Southern Corridor  Historic workings  Coincident

  16. Slide 16: Four projects. Tier one potential.

    Four projects. 16 16 Tier one potential. For personal use only Hodkinson Project Au-W 01 Highly prospective projects in under Cairns explored Tier 1 jurisdiction. Investigator Project Cu Townsville 02 Sunshine Gold office Experienced, successful management Mount Isa team, North Queensland based. Rav

  17. Slide 17: Contact us

    Contact us For personal use only 1 / 23 Mackley St, Garbutt, QLD, 4814 +61 8 6245 9828 admin@shngold.com.au www.shngold.com.au LinkedIn www.linkedin.com/company/70551686 Facebook Sunshine Gold Ltd Twitter #SunshineGold20 ASX SHN

  18. Slide 18: Cautionary statement

    Cautionary statement 18 For personal use only This presentation includes forward-looking statements. When used in this All persons should consider seeking appropriate professional advice in document, the words such as "could", "plan", "estimate", "expect", "intend", reviewing the presentation and al

  19. Slide 19: Competent person statement

    Competent person statement 19 For personal use only The information in this report that relates to Exploration Results is based on, and The information in this report that relates to Mineral Resources at Triumph is fairly represents, information compiled by Mr Matt Price, a Competent Person based on

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