Geology

• Varvarinskoye is a gold-copper skarn deposit

• Located on the South East margin of the Urals fold belt in northern Kazakhstan

• The deposit is contained within a Palaeozoic (405 - 285Ma) volcano sedimentary sequence with distinct intrusives

• Mineralisation types are predominantly massive sulphide, skarn replacement, disseminated and vein hosted sulphides

Varvarinskoye represents a large gold-copper skarn with strong upside potential for additional discoveries in the 220 square km Exploration Licence surrounding it.