Solovyevskiy Exploration Assets - Nagiminskiy Area

Geophysical surveying is continuing in respect of the Nagiminkiy area. It is planned to drill deep inclined holes to intersect the chalcedonic ores which are recorded in this area, but whose detailed geology is unknown. There is fine gold known in the placer deposits of this area, which may possibly represent post-Cretaceous primary hydrothermal mineralisation processes, or hydrothermal re-mobilisation, overlapping with the period of placer formation.