Magnetics Survey Defines High-Grade Gold Targets, Sybil

• Completed a 2,079 line-km airborne magnetic and radiometric survey at Sybil Gold Project
• Identified large-scale fault architecture and buried intrusions
• New vein targets Cisco and Pancho generated from radiometric survey
• High-grade gold samples collected during ground truthing
• RC drilling to commence at Francis Creek East

Sunshine Metals has completed a 2,079 line-km airborne magnetic and radiometric survey at its Sybil low-sulphidation epithermal gold project in northeast Queensland. The survey identified large-scale fault architecture and buried intrusions, interpreted to be the same age as mineralization. New vein targets, Cisco and Pancho, were generated from the radiometric survey, with high-grade gold samples collected during ground truthing. RC drilling is set to commence at Francis Creek East on 24 July 2026, with the program also including drilling at Francis Creek and Blue Range areas.