Sunshine Metals Limited · ASX:SHN
Sunshine Metals — RIU Resources Round-up Sydney 2021
19 slides from Sunshine Metals's conference presentation, May 6, 2021
Slide 1: RIU Resources Round-up Sydney
RIU Resources Round-up Sydney 6 May 2021 HODGKINSON 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 Led teams to exploration success at Managing Director Spectrum Metals, Black Cat Syndicate, Silver Share Price $0.057 PhD (Struct. Geo), MAIG Lake Resources and Gold Fields Australia. Alec Pismiris Current directors
Slide 4: 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 • RC drill success at Big Hans, Super Hans and New Constitution RAVENSWOOD WEST GOLD – COPPER – REE PROJECT (100%) • Prospective for porphyry
Slide 5: Triumph Gold Project
Triumph Gold Project • 7,126m RC drilling campaign completed • 50 km south of mining centre Gladstone • All weather road access, power and water • Complete geochemical data review January 2021 • Review of 13,600 multielement samples • Pathfinder element analysis, alteration mapping and sulphide spec
Slide 6: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign • RC drilling to test a range of prospects • Geochem and structural reinterpretation lead to exploration success at Super Hans, Big Hans and New Constitution – Southern Corridor • Results include; • 16 m @ 5.48 g/t Au (34m, 21SHRC002) SUPER HANS • 3 m @ 12.95 g/t Au (30m
Slide 7: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor 7
Slide 8: Big Hans
Big Hans • Delineated over 250m of strike and to depth ~ 150m • High-grade from surface 17m@ 4.30 g/t Au (1m, TDH118) TDH253 • High-grade core includes; 3m @ 10.93g/t Au 17 m @ 4.30 g/t Au (1m, TDH118) 4 m @ 27.12 g/t Au (43m, 21BNRC001) 4 m @ 11.53 g/t Au (69m, 21BNRC006) 3 m @ 10.93 g/t Au (42m, T
Slide 9: Triumph Fault Architecture
Triumph Fault Architecture • Gold anomalism in drilling over 5km of strike, coincident with zone of magnetic destruction and strong potassic alteration. BIG SYSTEM POTENTIAL 9
Slide 10: Ravenswood West Au-Cu-REE Project
Ravenswood West Au-Cu-REE Project • Greater district produced over 20 Moz Au • Adjacent the 9.8 Moz Ravenswood Gold Mine (EMR). Over $300M being spent on recommissioning • Highly prospective for intrusion- related and orogenic gold, porphyry Au-Cu-Mo-Ag and REE. • Exciting Cu-Mo-REE potential • Elph
Slide 11: Ravenswood West Prospects
Ravenswood West Prospects • Broad zonation in mineral prospectivity across project • Centre of project prospective for porphyry Cu-Mo-Au-Ag and REE • Bank Breccia – 5 diamond drill holes drilled by Stavely 2016 Best intercept 22m @ 0.6 % Cu • Elphinstone Creek – stream sediment samples highly anomal
Slide 12: Magnetics Ravenswood West
Magnetics Ravenswood West • Reprocessed existing open Ravenswood 9.8 Moz source magnetic data Keans • Large-scale regional faulting evident including offset of the Buck Reef Fault • Cu-Mo-REE anomalism on 22m @ 0.6 % Cu Elevated LREE margins of “unique” and Au intrusion • Soil sampling and mapping i
Slide 13: Keans Cu-Mo-Au-Ag Prospect
Keans Cu-Mo-Au-Ag Prospect • Adjacent major regional shear zone • Undrilled since 1962 • Gold mined from Heuirs Shaft in 1930’s • Rock chip samples collected in 1961, from Heuirs Shaft contained; • 25.04 % Cu • 8.71 g/t Au • 578.55 g/t Ag • 0.26% Mo • No drilling beneath Heuirs Shaft
Slide 14: Dreghorn Gold Field
Dreghorn Gold Field • Rock-chip, soil and drilled gold in predictable structural positions Chl-ser altered rock from Albion Shaft Abundant galena-chalcopyrite Drill results from; 2001 Annual Report EPM10542 3cm Dreghorn, Haoma Mining 14
Slide 15: Hodgkinson Gold Project
Hodgkinson Gold Project O alae Se 529 | } i . E men 7 Gm (i we et : ° (Campbeu creek). Le eager old ei ral ; 300 koz Au Tang jana - Red Dome to Ai, 4Tkt Cu Queensland Hodgkinson = Project Location Map 15
Slide 16: Campbell Creek - Hodgkinson
Campbell Creek - Hodgkinson • 5,500 line km airborne magnetic Campbell Creek Gold occurrence survey flown in November 2020 • Campbell Creek EPM 27575 EPM27575 granted; • Top of the 1.35 Moz Au Palmer River watershed with extensive alluvial gold workings Elephant Creek • Undrilled, with hard rock gol
Slide 17: Elephant Creek - Hodgkinson
Elephant Creek - Hodgkinson • Limited gold exploration • Ivory (Elephant Creek) • Ivory South drill intercepts include; 4m @ 26.39 g/t Au (IVRC2016001) 4m @ 14.55 g/t Au (GABP019) and 13m @ 3.02 g/t Au (CRC35) • Dung (Elephant Creek) • Rockchip sampling to 39.8 g/t Au • Peninsula • Beneath copper –
Slide 18: Summary
Summary • 100% owner of three exciting gold projects in Queensland – Triumph, Hodgkinson and Ravenswood West • Acquisition drivers • Near surface, historic goldfields, high grades • Big system potential • Under explored • Near to infrastructure and mining hub workforces • Significant unexplored Inve
Slide 19: 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 19