Korbel Main Deposit

Large Bulk Tonnage Gold Resource: 6.64 Moz @ 0.3 g/t Au – 3.09 Moz Indicated & 3.55 Moz Inferred

The Korbel Main Deposit is a large Intrusion Related Gold System (IRGS)

  • Has a confirmed strike length of over 2.5km and up to 500m depth and remains open with significant potential to further extend the mineralization
  • Approximately 1.6 Moz of the resource is in a high-grade feeder system with > 1 g/t Au for direct mill feed
  • Testing has shown that the lower grade material can up upgraded, up to 6 g/t Au, using ore sorting technology
  • Resource based on ~ 65,000m of RC and diamond core drilling
  • Very low strip ratio of 1.7:1
  • The high value of the discovery is driven by its size and growth potential and has the potential to be mined by large scale, low strip ratio, low cost open pit mining