Asset Report

Rainy River gold mine project

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11 September 2017

Rainy River gold mine project

Report summary

The project is planned to be mined by a combination of open pit and underground mining methods. Open pit mining will utilise conventional truck and shovel open pit mining methods Underground mining will utilise long hole open stoping methods at a full production rate of 1.5kt/d. The Rainy River mill is based on a carbon-in-pulp (CIP) leach circuit with an ore processing capacity of 7.7Mt/a.Gold production is estimated at around 330 thousand ounces per annum.

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