Sunshine Metals Limited has kicked off an advanced scoping study at its Liontown gold project in North Queensland. The study, targeting up to 95,000 ounces of high-grade gold and 652,000 ounces of silver, focuses on several mineralised zones in the area, including a shallow gold domain currently classified as Inferred, an underlying Carrington Fresh zone with Indicated status, and an Au Panel area comprising both Indicated and Inferred material. Early results highlight promising drill intersections from the Au Panel, with intervals of 17 meters at over 22 grams per tonne gold and 20 meters averaging 18.2 grams per tonne, reinforcing the potential for high-grade mineralisation. The study encompasses roughly 12 percent of the total tonne resource but accounts for around 35 percent of the contained gold. Sunshine Metals expects the shallow gold intercepts to be upgraded to Indicated status following metallurgical test work scheduled for August 2025, while the project overall is set to reach study completion in January 2026. The company also plans to extend its field work to additional prospects, including Sybil and the Mt Pleasant gold target, and has multiple industry conferences on its schedule between July and September 2025 to update investors and stakeholders on progress. Technical details from the announcement reveal that the Shallow Au zone comprises approximately 16.4Koz at 2.04 g/t gold (with 29.1 g/t silver), while the Carrington Fresh domain hosts around 22.1Koz at 3.09 g/t gold (with 46.8 g/t silver). The higher-grade Au Panel resource is estimated at 37.8Koz at an impressive 8.14 g/t gold in its Indicated portion and an additional 18.7Koz at 6.07 g/t gold in its Inferred category. These figures, alongside robust metallurgical test results from previous drill campaigns, suggest potential for rapid gold recovery and economic viability. Analysts might view the expansion of the study and incorporation of additional high-grade sources as a bullish signal for Sunshine Metals Limited, with positive implications from both the near-term metallurgical upgrades and long-term access to the broader base metal and precious metal resource. Conversely, some caution remains, given that the Au Study covers only a fraction of the overall deposit and crucial upgrades remain dependent on forthcoming test work and further drilling to confirm continuity in certain areas. Overall, the news provides an encouraging outlook tempered by the typical exploration risks at an advanced-stage project.