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Chu-iil Belt
ESR_Kazakhstan-RudneyAltay_Novo_RegionalLocationMap_2024-04-29.jpg

Rudny Altai VMS Belt

An infrastructure hub

 

  • 1.4Mtpa of spare processing capacity

  • Smelter within 70km

  • Roads, power, water already at site

  • Rail and international airport within 70km by road

Verkhuba Deposit

Poised for next phase

 

  • 46,616m of drilling

  • Announced on 23 April 2024, the publication of a maiden JORC Inferred Mineral Resource for the Verkhuba Copper Deposit of 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead using a whole deposit cutoff grade of 0.86% copper equivalent

  • Process underway for partnership or sale

Updated Resource model prior to conversion to JORC Inferred.png
EST - Sphalertie Veinlet_Dec 23.jpg

Sphalerite veinlet (Zinc sulphide - dark area) with chalcopyrite margin in massive sulphide interval

EST - VERKHUBA DRILL RESULTS_December 2023.jpg

Verkhuba Drill Results

 

  • Assays from Q4 2023 drilling confirm high grade copper and zinc mineralisation

  • Ore bodies within 20m from surface confirm open pit potential

  • ​VU_23_DD_001:​

    • 2.9m @ 2.08% Cu from 19.4m

    • 15.0m @ 1.57% CuEq from 27.4m

    • 6.2m @ 1.11% CuEq from 56.4m

  • VU_23_DD_002 :

    • 11.8m @ 1.41% CuEq from 171.0m

    • 10.3m @ 1.77% CuEq from 186.8m

  • Ore bodies wider than previous resource model

  • Lower grade envelope and precious metal credits to enhance project economics

High Impact Exploration Pipeline

 

  • >48 targets assessed and ranked

  • High-impact drilling on 3+ new VMS targets this year

  • More targets being advanced to drill-ready status

  • Existing infrastructure = low economic threshold and ‘quick-to-market’ development

High Impact Exploration Pipeline_edited.
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