Glenburgh Gold Project

Project Highlights:

• Huge exploration upside over 50km of strike
  • 786km² over highly fertile craton margin, metamorphic belt terrane
  • Limited gold exploration plays of this size in WA
• Metamorphic belts- next generation of discoveries
  • The potential of the gneissic metamorphic belts surrounding the Yilgarn craton were only recognised in the last few decades – they remain highly underexplored presenting a substantial opportunity
• Target package identified
  • Generally characterized by ~100-metre-thick horizon of gneissic rocks with anomalous gold mineralisation encompassing significant high-grade gold zones
• Tropicana look-a-like
  • Glenburgh shares very similar geological characteristics and setting to the world class Tropicana gold discovery

Priority high-grade resource extension targets

• 6 priority resource extension targets
• Open at depth
• Drilled on average <100m depth
• Targeting >50 gram metre shoots at depth

 

5km exploration trend

• 5km highly anomalous gold trend >100 ppb gold
• Target Package
  interpreted to plunge shallowly beneath gneissic cover rock
• Opportunity
  to discover 5km extension of target package

 

Zone 126 – Priority target for rapid high-grade resource growth

• High-Grade
  >50 gram metre shoot
  • 8m @ 11.6g/t Au
  • 28m @ 5g/t Au
  • 24m @ 9.1g/t Au
  • 14m @ 8.9 g/t Au
• Rapid targeting with geophysics
  • Strong association between high-grade lodes and increased sulphide mineralisation, enabling potential for downhole EM targeting
• Open in all directions
• Q1 2025 drill program planned
• Preliminary metallurgical results suggest high recoveries averaging 96.8%¹

 

JORC 2012 Mineral Resource Summary¹

Category	Tonnes (M)	Au (g/t)	Au (koz)
Indicated	13.5	1.0	430.7
Inferred	2.8	0.9	79.4
TOTAL	16.3	1.0	510.1

Note: rounding errors apply

¹ See ASX announcement dated 6 November 2024