Youanmi Gold Project

NEAR-MINE EXPLORATION

Exploration Targets

The increased structural and geological understanding of the Youanmi gold deposit has allowed for the determination of near-mine Exploration Targets of approximately 6.9Mt to 8.4Mt at an approximate grade ranging from 4.7 g/t Au to 7.0 g/t Au for a total of 1.1Moz to 1.8Moz at 2.5 g/t Au cut-off, including the new Paddy’s Lode and Midway discoveries.

The substantial near-mine Exploration Targets clearly demonstrate that the Youanmi Gold Project continues to offer significant upside potential in terms of scale and size.

Notes:
  1. Exploration Target: The potential quantities and grades are conceptual in nature and there has been insufficient exploration to date to define a Mineral Resource. It is not certain that further exploration will result in the determination of a Mineral Resource under the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, the JORC Code” (JORC 2012). The Exploration Target is not being reported as part of any Mineral Resource or Ore Reserve.
Target Area1Tonnage RangeGrade Au RangOunce Au Range
Kathleen1.0Mt to 1.3Mt5.3 g/t to 8.0 g/t193Koz to 355Koz
Pollard0.8Mt to 1.0Mt3.9 g/t to 7.8 g/t110Koz to 269Koz
Main North0.3Mt to 0.4Mt3.4 g/t to 4.1 g/t42Koz to 61Koz
Link3.7Mt to 4.5Mt5.1 g/t to 6.1 g/t596Koz to 875Koz
Midway0.4Mt to 0.5Mt5.3 g/t to 8.0 g/t77Koz to 141Koz
Paddy's0.5Mt to 0.6Mt4.3 g/t to 6.5 g/t73Koz to 135Koz
Total6.9Mt to 8.4Mt4.7 g/t to 7.0 g/t1,093Koz to 1,836Koz

Youanmi Exploration Target Limits

Youanmi Lodes

Long-Section of Youanmi Lodes along the Granite/Greenstone contact showing the current classified resource area, and the area estimated for the Exploration Target

Midway Lodes

Long-Section of Midway Lodes showing the current resource average grade distribution, current classified resource area, and the area estimated for the Exploration Target

Paddy's Lode

Long-Section of Paddy’s Lode showing the current resource average grade distribution, current classified resource area, and the area estimated for the Exploration Target