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Smylers Gold Project

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Smylers Gold Project

Option Agreement with Hyde Resources and Smylers Gold (Hardie Pacific)

  • Advanced exploration project within HMSZ located southeast of Macraes Gold Mine with significant amount spent on exploration and drilling by Hardie Pacific and KO Gold over the past 5 years
  • Comprised of two Exploration Permits (EP’s):
    • EP 60389 – Smylers Gold (southeast and on strike with Macraes mine permit)
    • EP 60129 – Glenpark (northeast of Macraes mine permit)
  • Smylers EP advanced with reverse circulation (RC) and diamond drilling, soil and geophysical surveys since 2018. Requires additional drilling to determine gold mineralization to east
  • KO Gold completed RC scout drilling program within Smylers EP in late 2021 (26 holes – 2,735 m), and additional soil sampling and prospecting completed east of the RC drilling program (Smylers East) in early 2022
(Click Image to Enlarge)

RC Drilling Results

  • Recent RC and diamond drilling programs targeted potential high-grade ore shoots along southeast extension of HMSZ
  • Recent RC drilling program focused on Pipeline South, Kensington, Williams, Chapmans-Home Reef and Smylers East targets (see assay results on map)
  • Every drill hole has encountered gold mineralization including up to 9 m at 1 g/t within Kensington target
  • Recent assay results indicate strong potential for the discovery of an ore shoot in north Kensington – Williams area
  • Now over 4 km confirmed strike length of HMSZ in Smylers Gold Project area and open to southeast for at least 4 km
(Click Image to Enlarge)

Recent Soil Sampling Results

  • New mapping and soil geochemistry survey in Smylers East has added additional 2 km of possible strike to the HMSZ since last drilling position of 2021 RC drilling program
  • Total of 490 soil samples and 12 rock chip samples collected along 12 soil sampling lines between November 2021 and January 2022 (see map)
  • Arsenic anomalies up to 200 ppm encountered along strike consistent with new orientation of HMSZ in Smylers East (red line in figure)
(Click Image to Enlarge)

Plans

Apr 2022 – Dec 2022

(Completed)

  • 3D Modelling and Data Interpretation
  • Soil geochemistry survey at Smylers East
  • Structural mapping to extend HMSZ to the east

Jan 2023 – Sep 2023

(Ongoing)

  • Diamond drilling in Smylers East
  • Diamond drilling will be focused on confirming ore shoots containing high grade gold (>6m thicknesses and 1 to 4 g/t)

Oct 2023 – Dec 2023

(Planning Phase)

  • Phase 3 RC drilling at Smylers East and Hidden Gully/ Williams targets
  • Scout RC drilling to confirm gold mineralization to extend HMSZ at least another 2 km into Smylers East area

KO Gold Projects:

Smylers Gold
Project
Tokomairiro

Carrick

Hyde
Rough Ridge South

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