i rest my case, page-13

Open Pit Mining Potential Confirmed by Drilling at Lichkvaz, Armenia (TMR 86.21%)
• Surface drilling at Lichkvaz intersects 3 veins near to surface
• Economic grades of mineralisation offer Open Pit mining potential
• Metallurgical Test work underway to explore low capital processing routes
• Underground drilling to commence from existing adits to build on 25,000 metres of previous
underground development
• New drilling scheduled at Vaz, a gold project adjacent to Lichkvaz
Tamaya Resources Limited (ASX: TMR “Tamaya”) is pleased to announce that exploration and
drilling at the Lichkvaz Gold project (Tamaya: 86.21%) has discovered mineralisation close to
surface, which is supported by trenching and sampling of ore exposures.
This previously undetected mineralisation has the potential to add to the project’s Inferred Resource
of 3 million tonnes at 7g/t Au, 31.5g/t Ag, and 0.5% Cu (1).
The new development confirms the potential for a small open pit operation, to supplement
underground mining activities and supports the board’s decision to defer commissioning until
additional drilling at the project has provided a more detailed view of the mines potential.
Additionally, old metallurgical data has recently been discovered in the project archives which will
assist in determining the optimal processing route that optimises production.