Ikkizelon

Tajikistan

Ikkizelon, Tajikistan

Ikkizelon is an underground gold-silver vein system situated within the mineral-rich Tien Shan belt of northern Tajikistan. The deposit comprises four principal north-westerly striking, steeply dipping vein systems developed along a major fault corridor between two regional fault structures.

Mineralisation is hosted in Palaeozoic volcanic and sedimentary rocks intruded by diorite dykes, with sulphide-bearing quartz veins carrying the majority of the gold and silver values. Historic Soviet exploration defined the main vein system as containing the majority of the mineralised material, and more recent modelling suggests the system remains open at depth.

Ikkizelon has historically been mined by underground methods, targeting high-grade vein material.

The deposit’s structural continuity, high-grade character and depth potential make Ikkizelon a strategically important asset. Planned work includes underground mapping, data verification and targeted drilling to test down-dip extensions and support the future declaration of compliant mineral resources.

Status

Care and maintenance / development

Beneficial interest

100%

Royalty rate and type

Measured and Indicated Mineral Resource of 3.6Mt grading 0.93% Cu, 0.29% Pb, 0.63% Zn, 0.23g/t Au and 24.9g/t Ag

COMMODITY CURRENT PRODUCTION

Gold

22,328t at 1.20g/t

Silver

22,328t at 9.80g/t

Status

Producing

Beneficial interest

49%

Resources

60kt-400kt at 9.0-11.4 g/t Au and 18.0-23.0g/t Ag for 16,000-148,000oz Au and 32,000-299,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

40,774t at 1.40g/t

Silver

40,774t at 19.23g/t

Status

Producing

Beneficial interest

49%

Resources

200kt-3.12Mt at 2.7-3.0g/t Au and 32.0-40.9g/t Ag for 17,000-301,000oz Au and 203,000oz-4,100,000Moz Ag

COMMODITY CURRENT PRODUCTION

Gold (open pit)

27,782t at 1.24g/t

Gold (underground)

40,248t at 1.37g/t

Silver (open pit)

27,782t at 18.96g/t

Silver (underground)

40,248t at 19.14g/t

Status

Producing

Beneficial interest

49%

Resources

150kt-210kt at 3.9-5.6g/t Au and 17.3-70.0g/t Ag for 19,000-38,000oz Au and 84,000oz-474,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

40,458t at 1.16g/t

Silver

40,458t at 9.30g/t

Status

Producing

Beneficial interest

49%

Resources

460kt-750kt at 1.4-1.7 g/t Au and 97.8-110.0g/t Ag for 20,000-40,000oz Au and 1,439,000-2,645,000oz Ag

COMMODITY CURRENT PRODUCTION

Gold

352,307t at 0.65g/t

Silver

352,307t at 20.36g/t

Status

Producing

Beneficial interest

49%

Resources

690kt-5.86Mt at 0.4-0.6 g/t Au and 16.3-18.0g/t Ag for 9,000-106,000oz Au and 363,000-3,395,000oz Ag

Status

Near term production

Beneficial interest

49%

Resources

2.72Mt-3.36Mt at 1.1-1.4 g/t Au and 304.4-376.0g/t Ag for 98,000-149,000oz Au and 26,618,000-40,618,000oz Ag