Potential for high-grade core and bulk-tonnage...

Potential for high-grade core and bulk-tonnage mineralization

SPRC022 - Spur

• 20m @ 3.00 g/t Au from 171m, including:
  • 6m @ 7.46 g/t Au, 0.11% Cu from 185m.
• Interpretation: High-grade gold mineralization extending down-plunge, potentially indicating a significant ore body at depth.

SPRC023 - Spur

• 94m @ 0.71 g/t Au from 138m, including:
  • 5m @ 2.72 g/t Au from 174m.
• 42m @ 1.66 g/t Au from 242m, including:
  • 14m @ 3.59 g/t Au from 254m.
• Interpretation: These broad intervals indicate a continuous mineralized system with increasing grades at depth, which is highly encouraging for resource expansion.

SPRC021 - Essex

• 28m @ 0.99 g/t Au from 153m, including:
  • 4m @ 2.50 g/t Au from 154m.
• Interpretation: Epithermal gold mineralization, indicating potential for near-surface resource development at Essex.

The grades reported at Spur (e.g., 6m @ 7.46 g/t Au) are comparable to Cadia's higher-grade sections at Ridgeway, where similar high-grade gold zones have driven economic viability.Broad intersections, such as 94m @ 0.71 g/t Au, are also indicative of large, bulk-tonnage potential. These grades, while lower than the high-grade zones, are typical for porphyry deposits, which rely on large volumes of ore.