Ann: Sinclair mine - offtake update, page-27

...World-Class Large-Scale Australian Conglomerate Gold Deposits ...

....
Dr. Q Hennigh: The third project we have is called Egina. Egina is a conglomerate-hosted system like the one we have at Karratha. But we also find places where the gold-bearing conglomerates have eroded in recent time. The nuggets that are trapped in those conglomerates have been liberated and then reworked into modern-day gravels. So we are exploring not only for conglomerates, but we're also looking at the potential for gold deposits in modern, reworked gravels that have been derived from those conglomerates. It's a very large system, on the order of many hundreds of square kilometers. We see potential there for a very, very sizable deposit. ....

....Dr. Q Hennigh: Yes. People should keep an eye on work we have coming up. Field season is beginning shortly. As summer in Australia, ends and the heat dies down, we're able to get out and do some work. Egina will be a main focus for us this year. We anticipate being fairly aggressive in terms of taking samples and coming to grips with the overall size of that system. We're very hopeful with those results. In the short term, we also have this resource upgrade at Beatons Creek, which I mentioned earlier. I think people will sit up and take note when they see that. That'll be the first confirmation of how big these particular deposits can get.....


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