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Smylers Gold Project

Projects

Smylers Gold Project

  • 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
  • Smylers EP advanced with reverse circulation (RC) and diamond drilling, soil and geophysical surveys since 2018
  • 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)
  • RC and diamond drilling completed on the Smylers Gold Project since 2018 has intercepted significant gold mineralization from surface to over 150 m depth within several targets. Significant drilling assay results include:
    • 1 m at 10.1 g/t Au (Home Reef South)
    • 3 m at 2.5 g/t Au (Pipeline South)
    • 9 m at 1 g/t Au and (Kensington)
    • 3 m at 2.4 g/t Au (Kensington)
    • 5 m at 3.4 g/t Au including 1 m at 8.3 g/t Au (Williams)
    • 2 m at 4.7 g/t Au (Williams)
    • 7 m at 1 g/t Au (Hoopers)
  • These gold grades are consistent with the average grades mined at the adjacent Macraes Mine. Drilling to date has resulted in over 4 km confirmed strike length of HMSZ within the Project area and it remains open to southeast for at least 4 km into the Smylers East prospect, which has yet to be drilled

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, Home Reef South 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
  • Plans to drill at least 9 RC and diamond drill holes in 2024 in the central part of the Smylers Gold Project to confirm presence of an ore shoot
(Click Image to Enlarge)

Recent Soil Sampling Results Smylers East

  • 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 recent RC drilling program
  • Total of 490 soil samples and 12 rock chip samples collected along 12 soil sampling lines in 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)
  • Hints of an extension to the HMSZ that needs to be followed up by additional RC and diamond drilling
(Click Image to Enlarge)

KO Gold Projects:

Smylers Gold
Project

Carrick

Hyde

Raggedy Range & Garibaldi

Rough Ridge

Tokomairiro

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