Horn Island, QLD

The Horn Island project is an Intrusive Related Gold System (IRGS) located in the Torres Strait Queensland. The Southern Silicified Ridge prospect at Horn Island presents potential for discovery and additional deposits. The historical pit area has an existing Mineral Resource Estimate (MRE), indicated and Inferred, of 16.7Mt at 0.98 g/t Au for 524,000 ounces Au (see ASX release 11 November 2021, “Horn Island Scoping Study Outcomes and Mineral Resource Estimate”) with further potential extensions open to the NW.

Horn Island is well serviced by an airport, port, sealed roads and daily flights by Qantas Link and shipping via SeaSwift ex Cairns.

Kaiwalgal

The Kaiwalagal Project encompasses five islands adjacent to Horn Island in the Torres Strait. Whilst only limited early-stage exploration has been completed, airborne surveys and hyperspectral imaging have identified multiple potential targets for Intrusion Related gold systems (IRGS) and epithermal gold deposits.