Silver-Base Metal Opportunity in northern New South Wales

Two closely related JORC 2002 compliant resource bases, both consisting of high-grade silver plus base metals. Both projects are located within the New England Fold Belt of northern New South Wales with good access to support infrastructure.

The two projects are separated by approximately 60 kilometres and as such they are considered to have a symbiotic potential development path. However, should an interested buyer wish the Vendor will consider offers on a single asset.

Project 1 consists of a combined (all categories) resource base of 2.65Mt @ 105.3g/t silver, 0.2% copper, 1.3% lead, 0.53% zinc, 0.22% tin and 6.79g/t indium for a total silver equivalent grade of 206g/t AgEq and 17.6 million ounces silver equivalent.

Project 2 consists 1.49Mt @ 245g/t silver, 0.27% lead, 1.56% zinc for a total silver equivalent grade of 345g/t AgEq or 16.5 million ounces silver equivalent.