Golden Zone Project Investment Overview
Golden Zone | Small-Scale Underground Mine Potential
A summary of the 2016 mineral resource estimate update on the Golden Zone Property follows:
AVIDIAN
Ounces
Ounces
Category
Domain
Density Tonnes Au (g/t)
Ag (g/t)
Au
Porphyry
2.73 1,811,000
0.89
52,000
3.20
Ag
186,300
Sulphide
3.22 2,007,000
3.17
204,300
17.19 1,109,000
Indicated
Breccia
Silica Breccia
2.80 369,000
0.93
11,100
8.64 102,500
Total
4,187,000
1.99
267,400
10.38 1,397,800
Inferred
Porphyry
Shear Zone
2.73
142,000
0.75
3.400
1.84
8,400
2.69
Total
1,216,000
1,353,000
0.83
32,600
2.65 103,400
0.83
35,900
2.56
111,400
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Former small-scale underground mine with existing mine access portal - shuttered due to WWII
All mineral resources located on a mining lease that is valid until 2050
Sulphide Breccia Domain - 2 Mt @ 3.17 g/t Au (204 K oz Au) + 17.2 g/t Ag (1.1 M oz Ag)
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Investigate potential to mine ~200,000 tonnes per year production for ~10 years
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Road, rail and power line only 6 to 8 km east of property
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Transport mined mineralized material by rail to mill in Fairbanks, AK or to port near Anchorage, AK
A.C.A. HOWE INTERNATIONAL LIMITED Report No. 983 The Technical Report was filed on November 17, 2017, and was authored by Leon McGarry,
TSX-V: AVG & OTC: AVGDF Amended Date: August 17, 2017
B.Sc., P.Geo. and Ian D. Trinder, M.Sc., P.Geo.
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