Ann: Fresh assays from 2017 drilling reveal higher gold grades, page-2

Fresh assays from 2017 drilling reveal significantly higher Gold grades than initially reported Specific assays for coarse, nuggety gold measured an average grade of 2.70 g/t Au in 35 samples, up from 1.97 g/t Au in initial assays HIGHLIGHTS •

35 core samples from maiden drilling campaign at the Zackly prospect within its Alaska Range Project have been re-assayed to determine if they contained significant coarse gold. •

The revised assays used a screen fire assay technique designed to provide more representative assays where coarse, nuggety gold and/or native copper is present. •

These results reveal that the average gold grade for the 35 samples using fire screen assay was 2.7g/t compared to 1.97g/t in the initial conventional fire assays. •

The results show that in almost all cases the grade of gold in coarse fractions is higher than in finer fractions. • Revised assays for native copper are expected shortly. •

This may allow for significant gold and copper recovery through gravity separation – this will be evaluated as part of the Company’s metallurgical test program •

The remaining ~100 mineralised core samples have now been submitted for screen fire assaying for both copper and gold. •

These results will be used to calculate the maiden JORC Resource Estimate for Zackly, which is on track for completion in this quarter