M3M ann-- AIRCORE DRILLING PROGRAM COMMENCES AT EDJUDINA GOLD PROJECT
MEK ann-- St Anne’s Mineral Resource Update St Anne’s Mineral Resource ounces increase by 60% to 40,000oz @ 3.1g/t Au. The open pit constrained grade of 3.1g/t Au increased 11% following the inclusion of shallow infill drilling reported in the March 2024 quarter. 100% of the Mineral Resource is Indicated and is based on ~39,000m of drilling up to 1 April 2024. St Anne’s is a shallow, high-grade deposit with no prior mining and remains open at depth with an interpreted southerly plunge. The total Mineral Resource at the Murchison Gold Project (MEK 100%) has increased to 1.23 million ounces @ 3.0 g/t Au. Mineral Resource upgrades for Turnberry and Andy Well (last updated in 2017) will be released in the June 2024 quarter. Murchison Gold Project development documentation was submitted in December 2023 with approvals expected in the June 2024 quarter. The Murchison Gold Project Definitive Feasibility Study (DFS) is focussing on restarting the fully permitted Andy Well mill. The DFS is expected to require significantly less time and capital to restart operations in a high-gold price environment while allowing for future expansion. Secured debt funding for the Murchison Gold Project is also progressing well and an update will be provided in the June 2024 quarter
