Member Info for Lmoll

2 x 100 million trades

I have been thinking about this topic today......

Surely its better when it comes to refining the ore. Say you have 1 ton of zinc bars produced from 2 ton of ore, is better than having 1 ton of zinc bars from, say 10 tons of ore. The will be lower, from mining it to holding the bars, wages, fuel, wear of equipment etc.

All this should feed into the pfs

Report late

It sounds like they have found a source of the mineralisation, and peak % of over 18% sounds like a nice high value.

It seems like the only reason germanium isnt in this rns is because the portable xrf machine isn't able to detect it. It could be that when the samples get to the lab, they will show its there and hopefully a lot of it 🤞

It would be nice to get a second rig and half the finish time.

Lots to look forward to, i am in no rush to sell, just waiting patiently

All the best

Nice update 🤞🤞🙂🙂

I have been wondering which strategy they will use when drilling. Will they go straight for where there is known germanium and get that proved up first to boost the sp or another pattern to infill the gaps .

Also, i wonder if they will have an xrf machine in site to give an indication of the samples before they are sent to the lab?

I think there might be a tr1 soon

Https://www.geotest-eng.gr/p30.html

10,000m drill program

Great news today, i have managed to add to and get to my goal of 10 millions shares.

Looking forward to see where this is at Christmas 🤞🤞🙂🙂🙂

Good luck all

Its mentioned in the rns from 1st August 2024

Zinc Equivalent formula:

Zn % + (Pb %*0.74) + (Ag ppm*339.9) + (Ge ppm*1010.9) + (Ga ppm*276.3)

Https://www.journeytohealthcare.co.uk/blogs/gallium-needles-a-promising-and-potential-alternative-to-iv-needles-mxs7f

This could help, Korea has found a way to ise gallium in iv needles instead of steel iv needles, which should help in hospitals and health care

An example of how quickly the sp can rise is met1, it went from 0.9p - 48.5p in less than 2 months based on buying a copper project in finland in april and a uranium project in may of this year.

Its still possible to see big increases so anything is possible 🤞🤞🤞

TRADING HALT REQUEST

Sunshine Metals Limited (“the Company”) hereby requests an immediate voluntary trading halt to

the Company’s securities and provides the following information in accordance with Listing Rule

17.1:

1. The Company requests a trading halt, pending the release of an announcement to the

market regarding drilling results.

2. The trading halt to remain until the earliest of the Company releasing an announcement,

on the commencement of trading on Wednesday, 4 June 2025.

3. We expect the trading halt will end by the Company making an announcement.

4. The Company is not aware of any reason why the trading halt should not be granted.

5. There is no other information necessary to inform the market about the trading halt

It looks like sunshine metals are progressing quickly, on the 29th april, they commenced drilling the liontown claim to confirm historic data.

On the 7th may they had drilled 19 out of the 29 holes, and have had confirmation of the historical data.

Some data from the holes they have drilled:-

3m @ 46.2g/t Au from 20m (LRC018)

o 2m @ 17.0g/t Au from 16m (LLRC068)

o 3m @ 8.0g/t Au from 50m (LRC001) and 2m @ 18.6g/t Au from 55m (LRC001)

At a rate of about 2 holes per day, i would say they should be done and moving on to the plateau this week or very early next week and possible half way through, the week after.

To me, it sounds like they have got a great drilling team and going after the gold as quickly as possible 🤞🤞🙂🙂

Sunshine metals have today started drilling at the liontown claim, looks like they are on schedule to drill out plateau in a few weeks time🤞🤞

And found a total of 17 intersection at tigertown.

Shouldn't be long until the get to the plateau next mont 🤞🤞

It looks like sunshine metals are making good progress, they have announced today that they have drilled 7 holes totaling 641 m and foun

I missed the bit on that rns about a successful placement, i thought i remembered it had announced a placement and waiting for it to be fulfilled. Sorry

No idea, but sunshine haven't announced it yet.

Found another link to a successful funds raise

https://www.tipranks.com/news/company-announcements/3-0-million-boost-for-sunshine-metals-gold-exploration

It looks like sunshine metals have raised the 3 million to fund the drilling program, lion selection group put up half a million. It shows confidence in the drilling program

https://mining.com.au/sunshine-metals-secures-funds-for-gold-exploration/