Matala Gold Project

Resource

Matala has an advanced JORC Code compliant resource estimate in the Measured, Indicated and Inferred categories resources of 568,000oz of gold (Au).

 

The Dunrobin gold deposit is situated adjacent to the Matala deposit and has known resources of 193,000 ounces Au and, like Matala, remains open at depth providing additional upside potential. The Board also believe that there is additional exploration potential at historic mines close to Dunrobin (Chosa and Shadreck).

 

Deposit

Measured & Indicated

Inferred

Tonnes

Mt

Grade

g/t Au

In-situ Metal

koz

Tonnes

Mt

Grade

g/t Au

In-situ Metal

koz

Matala

3.20

2.70

278

4.50

2.00

290

Dunrobin

2.04

2.29

150

0.76

1.80

43

Total

5.24

2.54

428

5.26

1.97

333