Value Through Gold

Region
RAMPING UP PRODUCTION OF THE HIGH-GRADE BRUCEJACK GOLD MINE
COMMERCIAL PRODUCTION ANNOUNCED JULY 2017

Regional Exploration

In 2015, the exploration focus at the Brucejack property began to shift to areas outside of known mineralization. The Bowser Regional Project area, approximately 20 kilometers south-east of the Valley of the Kings deposit, comprises approximately 800 square kilometers. The 2015 grass-roots exploration program was comprised of airborne EM, magnetic and radiometric surveys over two thirds of the area, as well as prospecting. A 20,000-meter surface drill program targeted porphyry/epithermal-style mineralization to the east of the Brucejack Mine. The 2015 regional exploration program was successful in expanding the size of the hydrothermal system that includes the Valley of the Kings and confirming the potential for additional mineralized zones to the east. With the discovery of the Flow Dome Zone the program was successful in extending the strike length of the Valley of the Kings gold mineralization 1,000 meters to the east of the current Valley of the Kings Measured and Indicated Mineral Resource.

The 2016 program covered the remaining areas of the Bowser Regional area with airborne magnetic and radiometric surveys as well as a hyperspectral survey, regional ground MT surveys, property scale mapping and prospecting over the entire area. A limited drill program was also completed to enhance geological interpretation.

In 2017, prospecting, sampling and mapping is continuing with the aim of generating targets for drilling later in the program.