The Youanmi Gold Project

The Youanmi Project is located 480kilometres northeast of Perth and covers 40 kilometres of strike of the Youanmi shear zone. It currently contains a total JORC and Nl43-101 compliant resource inventory of 951,000 ounces of gold, including the Youanmi Deeps refractory gold deposit (Indicated and Inferred resource of 2.4 million tonnes @ 8.5 g/t for 658,000 oz of gold) and also has significant exploration upside.

The Project includes a 600,000tpa gold treatment plant, a 270,000tpa sulphide flotation plant (currently not in operation) and a BacTech bacterial oxidation treatment plant capable of treating the gold concentrate.

It is expected that mining at the rate of 150,000 tpa at 11.5g/t will be trucked to Wiluna once re-developed.

Youanmi Project: Long Projection Link to 151kb enlargement

Youanmi Project: Cross Section Link to 254kb enlargement