Moroy Deposit

Moroy Deposit

The Moroy deposit is a shear hosted gold deposit comprised of multiple, sub-parallel, gold bearing zones dipping moderately to steeply to the North. Moroy mineralization consists of disseminated sulfides within silica-hematite alteration located at the contacts of syenitic dykes.  The Moroy deposit is located approximately 600 metres south of the Bachelor deposit and has been accessed underground from the Bachelor mine.  The Moroy deposit has been delineated over strike length of approximately 400 metres and remains open for expansion

In May 2019, a NI-43-101 mineral resource estimate completed by SGS states 302,000 tons at 5.66 g/t Au for 55,000 Oz. Au in the Measured category, 365,000 tons at 4.77 g/t Au for 56,000 Oz. Au in the Indicated category and 396,000 tons tons at 4.32 g/t Au for 453,000 Oz Au in the Inferred category.