SHN 0.00% 1.4¢ sunshine metals limited

The potential to grow the resources at Liontown are pretty...

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  1. 1,070 Posts.
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    The potential to grow the resources at Liontown are pretty obvious from the long section. It would be nice to keep growing with a few drill holes in the gaps between deposits (presuming the ore is there). The ore is very high value per tonne at around $478/t which is equivalent to 4,491,000t @ ~6g/t gold. The resource declared to date has 174,762 ounces of gold, 5.5 million ounces of silver, 39,528t of copper, 350,811t of zinc and 98,820t of lead.

    Sunshine is building quite an inventory. I really think the potential of the porphyry prospects at Ravenswood is significant and worthy of a considerable drilling spend to find the sweet spots.

    DYOR. Not investment advice.

 
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