Sunshine Metals Limited · ASX:SHN
Sunshine Metals — RIU Explorers Conference 2022
18 slides from Sunshine Metals's conference presentation, Feb 15, 2022
Slide 1: RIU Explorers Conference
For personal use only RIU Explorers Conference 15 February 2022 TITOV CU-AU-AG-MO, RAVENSWOOD WEST PROJECT ASX: SHN
Slide 2: Disclaimer & Disclosure
Disclaimer & Disclosure For personal use only 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 G
Slide 3: Corporate Overview
Corporate Overview For personal use only 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 $0.041 PhD (Struct. Geo), MAIG exploration success at Spectrum Metals, Black Cat Syndi
Slide 4: Investment Case
Investment Case For personal use only • Large land holding in under explored Tier 1 jurisdiction Queensland holding located around significant gold provinces Limited historical work on 4 highly prospective project areas • Leverage to multiple high value metals Gold, Copper, Molybdenum, Silver,
Slide 5: Queensland - Under Explored, Well Endowed
Queensland - Under Explored, Well Endowed For personal use only Queensland Western Australia • Over last 20 Years WA exploration spend 6.4x Qld spend • WA $28.3 billion vs Qld $4.4 billion • Although drilling intensity a lot lower, gold & copper deposits are typically large Ravenswood 9.8Moz Au
Slide 6: Project Portfolio
Project Portfolio For personal use only TRIUMPH GOLD PROJECT (100%) • 15km² intrusion related gold/orogenic system under shallow alluvial cover • 2 granted EPM’s, spanning 138 sqkm • Maiden JORC Resource March 2022 RAVENSWOOD WEST Au, Cu, Ag, Mo & REE PROJECT (100%) • Prospective for porphyry Cu-Au-
Slide 7: Triumph Gold Project
Triumph Gold Project For personal use only • 50 km south of Gladstone mining centre • 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 maiden JORC gold Re
Slide 8: Triumph RC Drilling Campaign
Triumph RC Drilling Campaign For personal use only • March 2021 RC drilling tested a range of prospects in the “Southern Corridor” • Southern Corridor comprises Super Hans, Big Hans, South Constitution and New Constitution • First round RC results include; • 16 m @ 5.48 g/t Au (34m, 21SHRC002) SUPER
Slide 9: 2.5km Long Triumph Southern Corridor
2.5km Long Triumph Southern Corridor For personal use only 9
Slide 10: Ravenswood West Cu-Au-Ag-Mo-REE Project
Ravenswood West Cu-Au-Ag-Mo-REE Project For personal use only • 100 km south of Townsville • 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
Slide 11: Cu-Au-Ag-Mo Targets
Cu-Au-Ag-Mo Targets For personal use only • Active since April 2021, conducting early stage field work and reconnaissance drilling across the entire tenure. • ~15km long Cu-Au-Ag-Mo corridor with multiple key targets • Drilling in 1950’s & 1960’s confirmed broad zones of Cu-Mo, not assayed for Au-Ag
Slide 12: Titov Cu-Ag-Mo
Titov Cu-Ag-Mo For personal use only • 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 • Metallurgical test work in pro
Slide 13: Titov Diamond Core
Titov Diamond Core For personal use only • Intersected main mineralised target at 297m • ~ 200m down dip of the previous deepest Molybdenite hole Chalcopyrite • 84m zone of intense quartz veining and chlorite-sericite alteration overprinting potassic alteration • Potassic alteration zone contains ch
Slide 14: Elphinstone Creek REE - Au
Elphinstone Creek REE - Au For personal use only • Anomalous REE and Au in stream sed samples • Follow up soil sampling confirms the Barrabas Adamellite is REE enriched and possible regional source • To date only 14% of the 27km2 intrusion sampled • High neodymium (Nd) and praseodymium (Pr) content
Slide 15: Ravenswood West Optics
Ravenswood West Optics For personal use only • Titov1 - northern area of 15km identified corridor Multiple High Value Metals Mineralisation from surface, multiple + 100 metre intercepts Currently 350m strike x 350m depth, A$2,600 ounce Remains open along strike and at depth Broad Cu grades ~
Slide 16: Upcoming Catalysts
Upcoming Catalysts For personal use only • Through to end of February 2022 Triumph drilling results • March 2022 Continued Triumph drilling results Triumph Maiden JORC gold Resource Titov diamond drill results Elphinstone Creek REE soil sampling recommencement Diamond Core from Super Hans
Slide 17: Summary
Summary For personal use only • Highly prospective projects in under explored Tier 1 jurisdiction • Experienced, successful management team and North Queensland based technical team • Well funded and highly active explorer • 24km drilling to date delivered highly encouraging results • Leverage to mu
Slide 18: Connect with us
For personal use only 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 [email protected] W www.shngold.com.au Facebook Sunshine Gold Ltd 18