Rudny Altai VMS Belt
An infrastructure hub
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1.4Mtpa of spare processing capacity
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Smelter within 70km
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Roads, power, water already at site
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Rail and international airport within 70km by road
Verkhuba Deposit
Poised for next phase
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46,616m of drilling
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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
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Process underway for partnership or sale
Sphalerite veinlet (Zinc sulphide - dark area) with chalcopyrite margin in massive sulphide interval
Verkhuba Drill Results
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Assays from Q4 2023 drilling confirm high grade copper and zinc mineralisation
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Ore bodies within 20m from surface confirm open pit potential
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VU_23_DD_001:
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2.9m @ 2.08% Cu from 19.4m
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15.0m @ 1.57% CuEq from 27.4m
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6.2m @ 1.11% CuEq from 56.4m
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VU_23_DD_002 :
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11.8m @ 1.41% CuEq from 171.0m
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10.3m @ 1.77% CuEq from 186.8m
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Ore bodies wider than previous resource model
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Lower grade envelope and precious metal credits to enhance project economics
High Impact Exploration Pipeline
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>48 targets assessed and ranked
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High-impact drilling on 3+ new VMS targets this year
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More targets being advanced to drill-ready status
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Existing infrastructure = low economic threshold and ‘quick-to-market’ development
