Ann: Gold Results Continue to Expand Kalgoorlie East Project, page-3

# grok modelling
MRE EstimateConsidering all factors, a maiden MRE for the Northern Zone of the Kalgoorlie East Gold Project might be:
Total Inferred Resource: 14.6 million tonnes @ 1.2 g/t Au for 562,000 ounces of gold.
High-Grade Subset: Within this, a high-grade zone of ~130,000 tonnes @ 8 g/t Au for 33,500 ounces.

Risks and considerstion
The presence of a fault may inturupt continuity, requiring more drilling to confirm the geological model.
Metallurgy: The announcement compares the project to heap-leach operations, but no metallurgical test work is provided. Porphyry-hosted gold can be amenable to heap leaching, but high-grade zones may require different processing (e.g., milling).-
Pending Results: The 414 samples from 11 holes could add to the resource, particularly if they extend the high-grade eastern margin.
Economic Viability: At $2,600/oz gold, a 14.6 Mt @ 1.2 g/t resource is economically attractive, especially given the proximity to Kalgoorlie’s infrastructure (25 km). The Black Cat Syndicate’s success with a turn-key funding and processing package (mentioned in the announcement) suggests a viable development path.