Growth Ambitions and Development Update
Glencoe 100% owned MLS
-
Gold Deposit 3km north of Fountain Head
Mined second in proposed Production
Schedule
'Bolt on' asset that has significantly
expanded the Fountain Head gold
development
Increased tailings and
management flexibility
water
Updated MRE 2.1 Mt @ 1.2 g/t Au for
79,000 oz Au (Inferred)*
Remains open with strong exploration
potential and numerous open
intercepts
'Historic' resources Inferred, lack of
QAQC not to JORC 2012 standards,
drilling to improve geological
categorisation
Numerous high-grade near-surface
rock chips containing gold*
Recent successful drilling highlights
scale potential (see next slide)
8513500
8513000
8512500
ML 29679 Glencoe Project
A
Map Grid GDA94 (Zone 52)
0
100 200
300 400
500 m
771000
771500
PNZ
METALS
Fountain Head pit outlines
Fountain Head MRE footprint
Glencoe drilling combined
0.3 - 0.5 g/t Au
0.5 - 1.0 g/t Au
>1.0 g/t Au
Glencoe future mining optimised
Plan view comparing Glencoe drilling and optimised pit shells with Fountain Head MRE outline
superimposed in yellow
PNZ
METALS
*See Appendix for further details including Full Mineral Resources
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