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> NE Bankan Discovery

Evolving Understanding

• Subsequent deeper drilling showed remarkable hole to
hole continuity at generally moderate grades (+/- 1.4g/t

Au)

• As drilling extended below 200m vertical depth, a high

grade central mineralised zone emerged

• Key control on main, western panel of gold
mineralisation is the “hanging wall shear zone”

• Geological control on the central high-grade zone related

to geological position where mafic-felsic contact

coincides with hanging wall shear zone

• Moderate grade gold mineralisation with “black
alteration” – sericite-chlorite-pyrite

• High grade gold mineralisation – strong feldspathic

alteration (probably albite) with more pyrite

Source: ASX Announcement 16 September 2021
NewGenGold Nov 2021 | 22