Mt Mulcahy, Australia

  • Archaean VMS Cu-Zn-Co-Au-Ag mineralisation in a folded regional keel
  • Prospective VMS horizon known for at least 12 kilometres along strike – excellent potential exists for additional VMS discoveries
  • Initial resource identified at South Limb Pod: 647 kt @ 2.4% Cu, 1.8% Zn, 0.1% Co, 0.2 g/t Au for 15.2 kt Cu metal

Pharos Project, Australia

  • Pharos Project covers 384 km2 contiguous the Mount Mulcahy project, and is considered under-explored and prospective for gold
  • Significant historical gold intercepts from Rotary Air Blast (RAB) drilling undertaken by previous companies on the tenements includes:
    • 12 m @ 7.40 g/t Au from 44 m, including 2 m @ 42.4 g/t Au
    • 16 m @ 3.09 g/t Au from 0 m, including 2 m @ 16.8 g/t Au
  • Planned systematic exploration will focus on interpreted structural controls for primarily gold mineralisation associated with NW trending splay structures off the Big Bell Shear, a major regional structure associated with significant gold endowment