Ann: Aucu High Grade Gold Resource Increases by 93%, page-2

1.8Mt at 5.2 g/t gold for 302,000 ounces

Highlights
 New JORC compliant resource estimate increases contained gold by 93% and gold grade by 23%.
 New Inferred resource estimate of 1.8Mt at 5.2 g/t gold for 302,000 ounces of gold, including;
o A higher grade zone of 244,000 tonnes at 9.5 g/t gold for 75,000 ounces of gold and an;
o Inferred resource of 608,000 tonnes at 0.64% copper for 3,870 tonnes of contained copper
 Mineral resources outcrop at surface and have only been drilled to 100 metres vertical depth.
 Mineral resources remain open at depth and along strike.
 Mineral resources represent less than 5% of identified mineralised faults
 95% of mineralised (sampled and assayed) faults identified to date remain to be drilled
 Mining optimisation study and metallurgical test work underway
tonnes at 9.5 g/t gold containing 75,000 ounces of gold which starts at surface. Surface extensions of the Quartz Zone have been identified and will be drilled in the coming field season. Additional near surface high-grade gold resources are expected to be outlined from this program.