Path Forward and Prospective Exploration Areas
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MOSS GROWTH PLAN
HIGH RETURN ON INVESTMENT POTENTIAL WITH LOW EXECUTION RISK
ELEVATION
GOLD
Phase 1
Conduct additional drilling in Reynolds Pit and Mordor areas
Goal to add additional tons of ore in western area which
could potentially lead to:
•
•
More contained gold added to mine plan
Throughput expansion
•
Higher production at lower operating costs
Capex spend to be staged over multiple years
Phase 2
•
Further delineate resource potential at ROM Pad Ramp
(Center Pit) with a goal to add further additional tons of ore to
the mine plan
Significant production expansion potential
Capex could be funded from organic cash flow
Risk Mitigation
✓ Infrastructure already in place
✓ Skilled workforce with key technical and operating
personnel already employed
✓ Connected to regional electrical grid
✓ 100% water requirement secured
✓ Proven process, efficient leach kinetics well understood
✓ Established logistics and supply chain
✓ All activities remain within permitted boundary
through to 2030
•
Requires different crusher location
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