Komis

Project Overview

The Komis Project is located approximately 200 road kilometers north-northwest of La Ronge and one kilometer west of Upper Waddy Lake in northern Saskatchewan. The project area is accessible by road from the community of Brabant Lake, located adjacent to Highway 102. An all-weather tote road links Brabant Lake with the Komis property 16 kilometers to the northwest.

Gold mineralization at Komis occurs as fine disseminations of native gold (<1.0 mm) and as coarse flakes (up to 5.0 mm) in quartz veins and as fine disseminations associated with pyrite in hydrothermal alteration halos. Individual quartz veins range from one millimeter to more than one meter but seldom exceed 0.2 meters in width. The quartz is milky, very clean and exhibits sharp contacts with wallrocks. Other minerals including dolomite, calcite, biotite, muscovite, chalcopyrite, and pyrite with minor amounts of Mg-chlorite, green biotite, microcline, and apatite are also present.

The updated Indicated Resource estimate for the Komis Gold deposit is 1,567,820 tonnes grading 3.33 g/t gold and the Inferred Resource is 457,906 tonnes grading 1.66 g/t gold.

Commodity: Gold

Ownership: 100%

Location: Northern Saskatchewan

Infrastructure: Paved Highway, Pave Haulage Road, Nearby Power Station, Nearby Local Communities,
Underground Tunnel Development

Property Size: 8200Ha

Total Explored Area: 500Ha

Deposit Type: Shear-hosted, mesothermal gold deposit

Technical Report: Komis 2021 Report (Resource Estimate)