The Yanamina Gold Project in Peru holds a Maiden JORC 2012 Resource Estimate of 6,742,260 tonnes @ 1.23g/t gold and 4.31 g/t silver for 265,987 ounces of contained gold, and 934,528 ounces of contained silver, confirming the Yanamina Gold Project as a significant bulk mining development opportunity with strong economic potential. 1
Significant potential upside through greenfield exploration in Serbia for Rekovac, Vranje South and Cer licenses, which exhibit similar geological setting to the Jadar Basin, which is host to Rio Tinto’s world-class Jadarite discovery = one of the world’s largest lithium deposits (Resource of 135.7 Mt @ 1.86% Li2O and 15.4% B2O3 now in PFS) 2
Significant potential upside through brownfield exploration, with the surrounding area including European Lithium Limited’s Wolfsberg lithium deposit with 11MT at 1.0% Li2O – in accordance with the 2012 JORC Code (now in DFS).
1. Refer to ASX announcement “Maiden JORC 2012 Resource at Yanamina” dated 10 February 2020/