• Exceptional high-grade gold and silver intercepted near surface at Liontown
• Total of 82 holes (3,216m) of the extended 121 hole (5,223m) RC grade control drilling program have now been completed
• The initial Liontown Mining Study is currently considering a Resource of 108koz Au at 4.37g/t Au and 803Koz Ag at 31.6g/t Ag

Sunshine Metals has received further high-grade, near-surface gold and silver results from its grade control drilling program at Liontown, part of the Ravenswood Consolidated Project in North Queensland. The highlights include intercepts of 30m @ 6.68g/t Au & 396g/t Ag, 24m @ 7.08g/t Au & 305g/t Ag, and 20m @ 5.62g/t Au & 310g/t Ag. A total of 82 holes (3,216m) of the extended 121 hole (5,223m) RC grade control drilling program have now been completed, with assays received for 68 holes. The initial Liontown Mining Study is currently considering a Resource of 108koz Au at 4.37g/t Au and 803Koz Ag at 31.6g/t Ag and is on track for delivery in February 2026. The Mining Study and current Resource will be further updated and upgraded for the results of this exceptional grade control program in March 2026.

The initial Mining Study is currently considering a Resource of 108koz Au at 4.37g/t Au and 803Koz Ag at 31.6g/t Ag.

The Mining Study and current Resource will be further updated and upgraded for the results of the exceptional grade control program in March 2026.