• Assays confirm high-grade epithermal results from the first six diamond holes at the Francis Creek prospect
• The 4.40m @ 57.51g/t Au intersection is the highest-grade result ever drilled at Sybil
• A further seven holes are drilled and/or awaiting assaying with the last hole in the program underway

Sunshine Metals Limited (ASX:SHN) has intersected shallow, high-grade epithermal gold at Sybil (100% owned), part of the Ravenswood Consolidated Project near Charters Towers in north Queensland. Assays confirm high-grade epithermal results from the first six diamond holes of a 14-hole program (~1,135m) at the Francis Creek prospect. Results include a 4.40m @ 57.51g/t Au intersection, which is the highest-grade result ever drilled at Sybil, underscoring the significant potential of the prospect. A further seven holes are drilled and/or awaiting assaying, with the last hole in the program underway. Final assays are expected in early November 2025. The drilling has been turning out some incredible vein textures and mineral associations, and has provided invaluable structural orientation information. The similarities to the 4Moz Au Pajingo epithermal system are becoming more striking. Sunshine is thrilled to have drilled the best ever Sybil intersection at the start of their first drill program and looks forward to reporting on the remaining results in early November 2025.

The Company has a busy period ahead including ongoing mining studies at Liontown Au, metallurgy results and Resource upgrade at Liontown Au, VTEM results at Coronation area, and the release of Sybil drilling results in October 2025.