Asset Report

North Bullfrog gold mine project

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29 March 2018

North Bullfrog gold mine project

Report summary

The North Bullfrog project is planned as an open pit operation utilising conventional drill, blast and haul mining methods. Higher grade material will be processed by a 3kt/d mill, comprising a carbon-in-leach (CIL) circuit with life of mine (LOM) gold and silver recoveries of 87% and 74% respectively. Lower grade material will be processed by heap leaching with LOM gold and silver recoveries of 74% and 6% respectively. Ore will be processed through the mill for 6 years until 2027. Heap leaching is expected to continue until 2031, followed by an additional three years of residual leaching.

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