Rudny Altai: an Infrastructure Hub
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1.4Mtpa of spare processing capacity
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Smelter within 70km of East Star Verkhuba deposit
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Roads, power, water already at site
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Rail and international airport within 70km by road
Verkhuba Deposit
Poised for next phase
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JORC Inferred Resource 20.3Mt @ 1.16% copper, 1.54% zinc and 0.27% lead
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>47,000m of drilling
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Open pit-able and potential low-cost underground mine
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Initial met work underway
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Multiple development options
Sphalerite veinlet (Zinc sulphide - dark area) with chalcopyrite margin in massive sulphide interval
Verkhuba Copper Deposit: Growing in Size
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Resource growth potential – all December 2024 drill holes intercepted mineralisation outside resource model
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Potential massive sulphide source remains undiscovered
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Drilling continues in Q2 2025
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Scoping Study to follow
High Impact Exploration Pipeline
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>48 targets assessed and ranked
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Near term drilling on new VMS targets
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More targets being advanced to drill-ready status
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Existing infrastructure = low economic threshold and ‘quick-to-market’ development
