Kenya Project

The Kenya Project is located 50km along strike to the south of the AngloGold Ashanti’s Sunrise Dam gold mining camp in the Laverton gold mining district. The project comprises two granted exploration licences covering approximately 7.7km².

Locally the project occurs 4-5km north, along strike from Saracen’s Deep South and Safari Bore deposits. It occurs 1-5 km south along strike from Legacy Iron’s Kangaroo Bore and Blue Peter gold deposits which occur on a mining lease application. The Kenya Project is well located between known gold deposits within a highly fertile greenstone belt.

Shallow aircore drilling by Saracen to the south of the Kenya Project indicates extensive gold anomalies >0.25g/t Au that occur up to the southern boundary of E39/1998 (Saracen Minerals ASX announcement dated 18 February 2020). The anomalies identified by Saracen include the northern extension of the Safari Bore trend as well as anomalies that occur associated with the Two Lids Fault that also occur up to the southern boundary of E39/1998.

On the Kenya Project, two high priority drill targets have been identified from geology mapping, airborne magnetic geophysics and historical geochemistry database. The targets occur along the important Pinjiun and Two Lids gold-bearing fault systems that cross-cut important lithological greenstone and/or intrusive granite contacts which are supported by elevated gold from previous shallow drilling figure.