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>        Metallurgical Testwork





                     Scoping study-level testwork delivered excellent initial results











                       Sample                  Lithology                          Assay                  Leach Extraction (%)                           Cyanide                    Lime
                                                                                   Head                                                             consumption              consumption
                                                                                                      12 hour                  24 hour
                                                                                 (g/t Au)                                                                 (kg/t)                   (kg/t)

                       Comp A                  Altered tonalite                    2.79                 96.7%                    98.5%                     1.13                     0.00

                                               (high-grade)


                       MT001 and               Altered tonalite                    1.20                 91.4%                    98.4%                     1.05                     0.00

                       MT010                   (low-grade)

                       MT007 and               Skarn, marble,                      1.71                 89.0%                    95.8%                     0.88                     0.00

                       MT008                   tonalite, vein
                                               quartz


                       MT011                   Mafic volcanics                     2.04                 95.7%                    98.0%                     1.19                     0.00


                       Comp B                  Weathered                           1.00                 88.9%                    94.2%                     1.57                     0.30
                                               saprolite






                     •      Free milling gold


                     •      94.2-98.5% gold recoveries under standard conditions (75-micron grind, 24 hours)



                     •      Gravity gold recoveries of 19.6% to 37% in main hard rock ore types


                     •      Ore suitable for conventional processing plant





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