Mahogany Project

High-level epithermal system with
high-grade gold at the surface

Mahogany Overview

100%-owned, royalty-free, 1100 hectares, 135 unpatented claims on BLM land
Located 20 km northwest of Integra Resources’ DeLamar deposit

Very strong gold values in Headwater rock grab samples (up to 170.00 g/t Au) in a high-level epithermal environment

Limited historic drilling hit multiple zones of anomalous gold mineralization within 100 m of surface (e.g. MH88-39-01 10.7 m @ 0.73 g/t Au starting at 53.4 m) but failed to test vein target at depth

Multiple zones of anomalous gold encountered in greenfields scout drilling program

First-pass drill program, totaling 810m, confirms presence of structurally-controlled high-grade gold zones
Core orientation data reveals the importance of northwest- and northeast-trending structural control on mineralization
Multiple targets yet to be tested