Large past-producing gold mine: produced 3.8 million oz gold @ 1.45 g/t Au in the late 90s-early 2000s and operated and shut down when the gold price was below US$400/oz
Minimal exploration done outside of the mined deposits, leaving several very prospective targets undrilled
Demonstrated rapid, low-cost Resource building: After first nine months of drilling published an initial NI 43-101 Resource, which eight months later, in October 2022, was more than doubled to 3.6 Moz of gold
Road access to the Project with government-funded upgrades underway
Guyana has emerged as a hot spot for mining with majors actively entering into this relatively unexplored greenstone belt
Government very supportive of exploration and development to create jobs and bring infrastructure to the interior of Guyana
Upcoming catalysts include: increasing resources by drilling known strike extensions and known zones in layback walls of existing deposits; geochemical survey; testing new airborne geophysics anomalies; sampling in the areas of historical artisanal mining; and drilling new high-potential exploration targets
Resource building & exploration will drive the mine plan within 12-18 months
