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SANTA HELENA PROJECT

DEVELOPING POTENTIAL HIGH-GRADE OPEN PIT

Exploration Target defined & Advancing Metallurgical Studies

Shallow Open Pit target adding scale to the Cabacal VMS belt

3.2-7.3 MT @ 3.0–3.2 g/t AuEq* for 306,000 to 763,000 AuEq ounces

Hosted within only 1.4km of ~3km prospect

Traditional Polymetallic Massive Sulphide Target

* The potential quantity and grade of an Exploration Target is conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The metal equivalence formula is based on the historical Santa Helena resource report, calculated as AuEq based on gold being the dominant metal of the Cabaçal VMS camp, as the expectation is that Santa Helena’s mineralization will be evaluated for processing through a centralized facility at the Cabaçal mill with the addition of a zinc circuit.   

EXPLORATION TARGET

* The potential quantity and grade of an Exploration Target is conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The metal equivalence formula is based on the historical Santa Helena resource report, calculated as AuEq based on gold being the dominant metal of the Cabaçal VMS camp, as the expectation is that Santa Helena’s mineralization will be evaluated for processing through a centralized facility at the Cabaçal mill with the addition of a zinc circuit.