Sunshine Metals (ASX:SHN)
SHN delivered thick gold and copper results from step-out drilling in the under-drilled Liontown Gap Zone at the 1,700km2 Ravenswood Consolidated project near Charters Towers in QLD.
Stand-out hits include 16.2m at 4.54 g/t gold, 1.11% copper from 319m including 5m at 2.96 g/t gold from 310m and 6.2m at 9g/t gold as well as 2.52% copper from 329m.
SHN believes the Gap Zone presents an opportunity for resource extension, with the first of seven diamond holes (~2,500m) kicking off in mid-July.
A resource update is scheduled for December.
Sunshine finished the quarter well stocked to chase extensions and new discoveries at Ravenswood, with $3.4m in the bank after spending $982,000 on exploration and evaluation in the June term.
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.96M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $142.1K | 11.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2515421 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1200000 | 1 |
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| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| SHN (ASX) Chart |