The 1,760km² Ravenswood Consolidated Project near Charters Towers is located approximately 130km south of Sunshine’s head office in Townsville, within a prolific mining district that has produced over 20 million ounces of gold and 14 million tonnes of volcanogenic massive sulphide ore (copper gold, zinc lead).
Liontown hosts a Total Mineral Resource of 6.3Mt at 1.5g/t Au, 27g/t Ag, 0.8% Cu, 4.4% Zn and 1.6% Pb. Liontown forms part of the broader Ravenswood Consolidated VMS Mineral Resource of 7.36Mt at 3.9g/t AuEq, containing 929koz AuEq, or 10.9% ZnEq. The broader Resource comprises 43% Indicated and 57% Inferred material.
A robust scoping level Mining Study has been completed for an initial open pit and underground gold and silver development at Liontown, outlining an initial production target of ~75Koz @ 2.96 g/t Au, and 654Koz Ag @ 25.73g/t Ag (73% Indicated, 27% Inferred) over a 47 month mine life. The study supports a staged development approach, targeting near term production from high-grade, gold dominant mineralisation while retaining significant upside from the broader polymetallic Resource.
Following completion of the Mt Moss acquisition in July 2026, Sunshine plans to process initial Liontown gold ore through its 100%-owned Mt Moss facility. Refurbishment of the existing processing infrastructure and construction of the proposed gold circuit are being advanced, with first processing targeted for mid-2027.
Ravenswood Consolidated is accessed via sealed roads, with mains power running through the project area, supporting potential development activities.
