GQ: Chukar Underground Project

• Chukar underground project approximately $5 MM capex

• Reserves

  • 334,000 tons at 0.49 opt containing 163,000 oz
  • NRM: 60,000 tons at 0.47 opt

• Production

  • 2 - 5 years at approximately 80,000 oz at $180 - $184/oz cash cost
  • High grade feed for Carlin roaster

• Recent developments

• Drilling and metallurgical results just completed, allowing for development

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