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S2 RESOURCES LTD Interim / Quarterly Report 2018

Oct 29, 2018

65745_rns_2018-10-29_d9ee7a3e-f092-4a2e-9a8a-d81d860b217f.pdf

Interim / Quarterly Report

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ASX Announcement

Tuesday 30th October 2018

SEPTEMBER 2018 QUARTERLY ACTIVITIES REPORT

Key points

  • Strong financial position with A$19.2 million cash and investments
  • Ground position expanded at the Ecru project, Cortez district, Nevada, via sublease of mineral rights from Newmont
  • Geophysics completed at Ecru defines strongly conductive AMT target, first drilling now underway
  • Numerous gold and base metal, EM anomalies defined in new geochemical and VTEM surveys recently completed in Central Lapland Greenstone belt, Finland

CORPORATE

Finance

A total of A$1.9 million wasspent during the quarter, comprising A$1.2 million on exploration, A$0.2 million on corporate costs including business development costs, overheads and payments for fixed assets, and A$0.5 million on staffing costs for all pre-resource exploration and corporate activities.

Cash at the end of the quarter totaled A$13.3 million, and cash plus investments of A$5.9 million totaled A$19.2 million.

Investments at quarter's end comprised 1 million GT Gold (TSXV: GTT) shares at A$0.77 pershare and worth A$0.8 million, and 4 million Westgold (ASX: WGX) shares (received as part consideration for the sale of the Polar Bear project) at A$1.27 per share and worth A$5.1 million.

Planned expenditure forthe next quarter ended 31 December 2018 is anticipated to be approximately A$2.6 million.

Capital structure

No shares were issued during the quarter.

The total issued capital comprises 247,915,179 ordinary shares and 51 million unlisted options, which if exercised, would represent a capital injection of A$17.7 million to the Company.

EXPLORATION

Ecru, Nevada, USA (S2 earning 70%)

The Ecru project is located 40 kilometres southeast of Battle Mountain in Lander County, Nevada. It is located in the heart of the highly endowed Battle Mountain–Eureka trend, surrounded on three sides by Barrick Gold's Cortez District property, which contains the Pipeline, Cortez Hills and Goldrush deposits with a collective gold endowment of approximately 50 million ounces. The project issituated between exposed range and concealed basin, in an area covered by a wedge of transported colluvium ("pediment"), and is centered on a large gravity high that isinterpreted to represent an upthrown block of the same favourable carbonate rocks that host Barrick's nearby world class deposits. Additionally, the project is interpreted to contain geology analogous to that at Barrick's Pipeline deposit, which occurs where favourable carbonates of the Wenban Formation have been thrust over the "cap" rocks of the Valmy Formation by the Abyss Thrust, with the receptive carbonate host rock and mineralization having being exhumed (unroofed, or exposed) by partial erosion of the overlying rocks, before being buried again beneath more recent transported colluvium. S2 can earn a 70% interest by the expenditure of US$3 million by June 2022, and can withdraw after the expenditure of US$200,000 by June 2019.

During the quarter, S2's joint venture partner at the Ecru project, Renaissance Gold ("RenGold"), signed an agreement via its wholly-owned subsidiary, Kinetic Gold (US) Inc ("Kinetic"), to sublease the mineral rights on approximately 1120 acres (~4.5 square kilometres) of ground adjacent to the Ecru project from Newmont USA Ltd (the "Newmont Lease") (see Figure 1).

This deal gives RenGold the mineral rights on this ground for a period of ten years, with an option to extend the lease for an additional five years, and then indefinitely so long as mining, development or processing operations are being conducted on the property on a continuous basis. RenGold is required to make annual payments to Newmont which will be deemed advance royalty payments to be offset against any future royalty obligations in the event of a mine being developed.

The Newmont Lease is in the area of interest of the S2-Rengold Ecru JV and wastherefore included in it under the existing earn-in terms of the S2-RenGold Investment Agreement ("IA") as disclosed in S2's ASX release of 1 st August 2017, namely:

  • Minimum expenditure by S2 of US$200,000 within 2 years ofsigning (ie, by 30th July 2019 note that S2 is already part way towards meeting this from expenditure already incurred on the Ecru project)
  • US$3 million total expenditure within 5 years (ie, by 30th July 2022) for S2 to earn a 70% interest
  • If/when S2 earnsin, RenGold can participate or dilute itsinterest, and if itsinterest dilutes below 10% it reverts to a net smelter return royalty

As managers of the Ecru project, S2 is exploring the Newmont Lease in conjunction with the existing Ecru ground and is responsible for reimbursing Rengold's advance royalty payments to Newmont under the terms of the RenGold-Newmont deal. These payments are be deemed earn in expenditure for S2 under the terms of the S2-RenGold IA.

Figure 1. Plan showing original Ecru project area and Newmont sublease blocks relative to the location of Barrick's Pipeline and Robertson deposits.

Subsequent to the inclusion of the Newmont sublease into the Ecru project, S2 undertook detailed gravity and audiomagnetotelluric (AMT) surveys over the entire land package, to map subsurface geology as defined by variations in density and resistivity/conductivity.

The gravity survey defined various highs and lows that may represent variations in the basement geology itself, or preserved pockets of later volcanics, or variations in the depth of the transported colluvium (pediment) (see Figure 2). Gravity anomalies in the basement geology may reflect the presence of intrusions or stratigraphic variation (with the receptive limestones of the lower plate sequence being relatively dense), and at a smaller scale, may reflect zones of alteration such as decalcification, dissolution and porosity enhancement within the limestones that is often associated with Carlin-style mineralizing events.

Various linear discontinuities in the gravity response may also represent the presence of cross-cutting structures, which are an important prerequisite for channelising the flow of mineralizing fluids into such receptive hostrocks. Many of these appear to have a WNW or NNE orientation, which is considered a favourable orientation in this district.

The AMT survey over the same area highlighted a broad zone of low resistivity/high conductivity in the centre and south of the project area (see Figure 2). Three dimensional modelling of this data defines an extensive and cohesive highly conductive source measuring more than two kilometres across at the 3 ohm threshold. This anomaly starts at a depth of 150 metres below surface and extends to a depth of at least 500 metres below surface.

Such high conductance may reflect the presence of stratigraphy such as graphitic shales, or the presence of carbonaceous or graphitic alteration, which is a common feature of many Carlin-style gold deposits.

The combination of the AMT and gravity anomalies may represent the presence of and variation in upper plate stratigraphy (those rocks overlying the more prospective lower plate limestones) or the presence of lower plate limestones and/or discrete zones of carbonaceous alteration and/or decalcification within them – key ingredients of Carlin-style gold mineralized systems.

The first of two or three initial stratigraphic holes commenced in mid-October subsequent to the end of the quarter. Drilling is likely to continue until mid-December, with assay results expected in January.

South Roberts, Nevada, USA

During the quarter, S2 withdrew from the South Roberts project, which was an earn-in agreement with TSXV listed Renaissance Gold (Rengold). S2 has one active earn-in agreement (Ecru) with Rengold on Carlin-style gold targets in Nevada, USA (see ASX announcement dated 1 August 2017).

Figure 2. Plan showing location of the 3 ohm AMT isosurface relative to gravity. The highly conductive modelled body spans discrete gravity highs (possible limestones) and lows (possible alteration) and numerous WNW and NNE gravity breaks (possible structures acting as conduits for mineralizing fluids).

Central Lapland Greenstone Belt, Finland (100% S2)

S2 has approximately 684 square kilometres of ground in the Central Lapland Greenstone Belt of Finland, a region that contains significant shear zone hosted gold deposits, such as Agnico Eagle's 8Moz Kittila gold mine, and magmatic copper-nickel-PGM deposits, which include Boliden's Kevitsa mine and Anglo American's world class Sakatti deposit.

During the quarter, the focus of S2's Finnish summer exploration program has been the completion of one of the most extensive ionic leach surveys ever undertaken in this region, together with the flying of a large VTEM survey, with the aim of defining geochemical and/or geophysical hotspots in order to prioritise and rationalise tenure, enabling the fast tracking of high priority areas for follow up together with the relinquishment of low priority areas to minimize ground holding costs, thereby focusing activities to optimize their technical, time and cost effectiveness.

By the end ofthe quarterthe 15,325 sample survey was completed, and fullresults were received subsequent to the quarter's end. The survey worked well and successfully defined several gold and base metal anomalies and anomalous corridors.

On the large Paana licence, considered to be prospective for lode gold style mineralization and located to the north west of Agnico Eagle's 8 million ounce Kittila gold mine, the survey highlighted robust, strike extensive gold and arsenic anomalous corridors, each trending NNW over a strike extent of 4-5 kilometres (see Figure 3 and ASX announcement of 3 rd August 2018).

The western gold trend contains three distinct hotspots, each measuring about 1 kilometre across and up to 1.5 kilometres along strike. Additionally, there are two smaller gold anomalies to the southwest and northeast of the main trends. These anomalous corridors will be the focus of base of till (BoT) drilling during the coming Finnish winter, which is aimed at further resolving these broad zones into more discrete anomalies suitable for testing with subsequent diamond drilling.

Distinct gold anomalies and anomalous trends have also been identified on the Home, Putaanpera, Kerjonen and Ruopas licences, which will be subject to the same follow up BoT drilling (see Figures 4 and 5 and ASX announcement of 24th October 2018).

On the large Ruopas licence, considered to also be prospective for magmatic nickel-copper sulphide mineralization, the geochemical survey identified several coincident nickel-copper-cobalt-palladium anomalies that require follow up (see Figures 6 and 7).

The VTEM survey flown over the same area also identified numerous electromagnetic (EM) conductors, with some of these coinciding with the geochemical anomalies (see Figure 8). Prioritisation of these targets is underway, and selected targets will be subject to ground EM and/or BoT drilling during the coming Finnish winter.

Figure 3. Gold anomalous corridors and hotspots defined in ionic leach geochemical survey of the Paana licence.

Figure 4. Gold anomaly in the northeastern part of the Home licence, which may trend beneath the transported cover of boglands along strike to the west where the anomalism reappears.

Figure 5. Gold anomaly on the Putaanpera and Kerjonen licences. This linear anomaly follows the trend of the Sirkka shear zone and may continue to the east beneath transported cover of boglands.

Figure 6. Coincident nickel-copper anomalies defined in ionic leach geochemical survey of the Ruopas licence.

Figure 7. Coincident nickel-cobalt anomalies defined in ionic leach geochemical survey of the Ruopas licence.

Figure 8. EM anomalies defined in channel 20 (mid-time) and channel 40 (late time) of the VTEM survey of the Ruopas licence.

Skellefte, Sweden (100% S2)

The Skellefte district of northern Sweden is a prolific mining district that contains numerous major polymetallic zinccopper-gold-silver volcanogenic massive sulphide (VMS) deposits, including those that underpin Boliden's mining and smelting operations. S2 has approximately 474 square kilometres of ground, which it considers highly prospective for similar polymetallic VMS mineralization and orogenic shear zone hosted lode gold mineralization.

No activity.

Other

The Company continues to assess numerous additional opportunities in Nevada that may complement its existing activities there, and a variety of opportunities elsewhere, and with current cash and investments is well placed to pursue such opportunities.

For further information, please contact:

Mark Bennett Anna Neuling +61 8 6166 0240 +61 8 6166 0240

Managing Director & CEO Executive Director & Company Secretary

Project Tenement ID Registered Holder Location Ownership % Status
Sweden
Skellefte Rengård nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Svansele nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Gallejaur nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Svansele nr 402 S2 Sverige AB Skellefte 100% Granted
Skellefte Brännäs nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Laxselmyran nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Svansele nr 403 S2 Sverige AB Skellefte 100% Granted
Skellefte Båtfors nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Holmtjärn nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Tjålmträsk nr 401 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Laxselmyran nr 402 S2 Sverige AB Skellefte 100% Granted
Skellefte Laxselmyran nr 403 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Hästskomyran nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Rengård nr 402 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Udden nr 401 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Udden nr 402 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Vallen nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Lindbacka nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Brännäs nr 402 S2 Sverige AB Skellefte 100% Granted
Skellefte Petikträsk nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Näsvattnet nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Laxselmyran nr 404 S2 Sverige AB Skellefte 100% Granted
Skellefte Svansele nr 404 S2 Sverige AB Skellefte 100% Granted
Skellefte Malånäset nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Malånäset nr 404 S2 Sverige AB Skellefte 100% Granted
Skellefte Malånäset nr 402 S2 Sverige AB Skellefte 100% Granted
Skellefte Malånäset nr 403 S2 Sverige AB Skellefte 100% Granted
Skellefte Laxselmyran nr 405 S2 Sverige AB Skellefte 100% Granted
Skellefte Vargfors nr 401 S2 Sverige AB Skellefte 100% Granted
Skellefte Malånäset nr 405 S2 Sverige AB Skellefte 100% Granted
Skellefte Petikträsk nr 402 S2 Sverige AB Skellefte 100% Granted
Skellefte Näsvattnet nr 402 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Rengård nr 403 S2 Sverige AB Skellefte 100% Granted
Skellefte Tjålmträsk nr 402 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Tjålmträsk nr 403 S2 Sverige AB Skellefte 0% Lapsed
Skellefte Laxselmyran nr 406 S2 Sverige AB Skellefte 100% Granted
Skellefte Käringträsk nr 401 S2 Sverige AB Skellefte 100% Granted
Finland
Reservations
Central Lapland Pahasvuoma Sakumpu ExplorationOy CentralLapland 100% Granted
Exploration Licenses
Central Lapland Kerjonen Sakumpu ExplorationOy CentralLapland 100% Granted
Central Lapland Nuokkio Sakumpu ExplorationOy CentralLapland 0% Lapsed
Central Lapland Keulakkopää Sakumpu ExplorationOy CentralLapland 100% Granted
Central Lapland Palvanen Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Putaanperä Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Sikavaara Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Paana East Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Paana West Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Selkä Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Mesi Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Lisma Sakumpu ExplorationOy CentralLapland 100% Granted
Central Lapland Ruopas Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Nuttio Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Home Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Hanhijarvi Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Pikkulaki Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Ruopas 1 Sakumpu ExplorationOy CentralLapland 100% when granted Application
Central Lapland Paana Central Sakumpu ExplorationOy CentralLapland 100% when granted Application
Nevada
Ecru Ecru 1 NMC1098847 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 2 NMC1098848 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 3 NMC1098849 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 4 NMC1098850 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 5 NMC1098851 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 6 NMC1098852 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 7 NMC1098853 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 8 NMC1098854 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 9 NMC1098855 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 10 NMC1098856 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 11 NMC1098857 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 12 NMC1098858 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 13 NMC1098859 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 14 NMC1098860 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 15 NMC1098861 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 16 NMC1098862 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 17 NMC1098863 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 18 NMC1098864 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 19 NMC1098865 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 20 NMC1098866 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 21 NMC1098867 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 22 NMC1098868 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 23 NMC1098869 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 24 NMC1098870 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 25 NMC1098871 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 26 NMC1098872 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 27 NMC1098873 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 28 NMC1098874 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 29 NMC1098875 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 30 NMC1098876 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 31 NMC1098877 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 32 NMC1098878 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 33 NMC1098879 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 34 NMC1098880 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 35 NMC1098881 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 36 NMC1098882 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 37 NMC1098883 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 38 NMC1098884 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 39 NMC1098885 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 40 NMC1098886 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 41 NMC1098887 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 42 NMC1098888 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 43 NMC1098889 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 44 NMC1098890 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 45 NMC1098891 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 46 NMC1098892 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 47 NMC1098893 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 48 NMC1098894 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 49 NMC1098895 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 50 NMC1098896 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 51 NMC1098897 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 52 NMC1098898 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 53 NMC1098899 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 54 NMC1098900 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 55 NMC1098901 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 56 NMC1098902 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 57 NMC1098903 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 58 NMC1098904 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 59 NMC1098905 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 60 NMC1098906 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 61 NMC1098907 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 62 NMC1098908 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 63 NMC1098909 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 64 NMC1098910 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 65 NMC1098911 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 66 NMC1098912 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 67 NMC1098913 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 68 NMC1098914 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 69 NMC1098915 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 70 NMC1098916 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 71 NMC1098917 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 72 NMC1098918 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 73 NMC1098919 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 74 NMC1098920 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 75 NMC1098921 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 76 NMC1098922 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 77 NMC1098923 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 78 NMC1098924 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 79 NMC1098925 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 80 NMC1098926 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 81 NMC1098927 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 82 NMC1098928 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 83 NMC1098929 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 84 NMC1098930 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 85 NMC1098931 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 86 NMC1098932 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 87 NMC1098933 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 88 NMC1098934 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 89 NMC1098935 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 90 NMC1098936 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 91 NMC1098937 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 92 NMC1098938 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 93 NMC1098939 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 94 NMC1098940 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 95 NMC1098941 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 96 NMC1098942 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 97 NMC1098943 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 98 NMC1098944 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 99 NMC1098945 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 100 NMC1098946 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 101 NMC1098947 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 102 NMC1098948 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 103 NMC1098949 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 104 NMC1098950 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 105 NMC1098951 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 106 NMC1098952 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 107 NMC1098953 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 108 NMC1098954 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 113 NMC1098955 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 114 NMC1098956 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 115 NMC1098957 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru Ecru 116 NMC1098958 Kinetic Gold (US) Inc. Lander C. earning 70% Granted
Ecru T29N R47E Section 27 (All) Newmont USA Ltd Lander C. earning 70% GrantedPrivateMineralRights
Ecru T29N R47E Section 33 (N1/2,N1/2S1/2) Newmont USA Ltd Lander C. earning 70% GrantedPrivateMineralRights
SouthRoberts RW-182 NMC1029854 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-184 NMC1029853 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-186 NMC1029852 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-188 NMC1029851 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-190 NMC1029850 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-192 NMC1029849 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-194 NMC1029848 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-196 NMC1029847 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-198 NMC1029846 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-215 NMC1029829 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-216 NMC1029828 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-217 NMC1029827 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-218 NMC1029826 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-219 NMC1029825 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-220 NMC1029824 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-221 NMC1029823 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-222 NMC1029822 Harvest Gold Corp(US) Eureka C. earning 70% Granted
South RW-223 NMC1029821 Harvest Gold Corp Eureka C. earning 70% Granted
Roberts (US)
SouthRoberts RW-224 NMC1029820 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-225 NMC1029819 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-226 NMC1029885 Harvest Gold Corp(US) Eureka C. earning 70% Granted
South RW-227 NMC1029884 Harvest Gold Corp Eureka C. earning 70% Granted
RobertsSouth RW-228 NMC1029883 (US)Harvest Gold Corp Eureka C. earning 70% Granted
RobertsSouth (US)Harvest Gold Corp
Roberts RW-229 NMC1029882 (US) Eureka C. earning 70% Granted
SouthRoberts RW-230 NMC1029881 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-231 NMC1029880 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-232 NMC1029879 Harvest Gold Corp(US) Eureka C. earning 70% Granted
SouthRoberts RW-233 NMC1029878 Harvest Gold Corp(US) Eureka C. earning 70% Granted
South RW-234 NMC1029818 Harvest Gold Corp Eureka C. earning 70% Granted
RobertsSouth SR-1 NMC1080648 (US)Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-2 NMC1080649 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-3 NMC1080650 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-4 NMC1080651 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-5 NMC1080652 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-6 NMC1080653 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-7 NMC1080654 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-8 NMC1080655 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-9 NMC1080656 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-10 NMC1080657 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-11 NMC1080658 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-12 NMC1080659 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-13 NMC1080660 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-14 NMC1080661 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-15 NMC1080662 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth
Roberts SR-16 NMC1080663 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-17 NMC1080664 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-18 NMC1080665 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-19 NMC1080666 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-20 NMC1080667 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
South SR-21 NMC1080668 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth
Roberts SR-22 NMC1080669 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-23 NMC1080670 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-24 NMC1080671 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
South SR-25 NMC1080672 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth
Roberts SR-26 NMC1080673 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-27 NMC1080674 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-28 NMC1080675 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
South SR-29 NMC1080676 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-30 NMC1080677 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-31 NMC1080678 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-32 NMC1080679 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-33 NMC1080680 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-34 NMC1080681 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-37 NMC1080684 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-38 NMC1080685 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-40 NMC1080687 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-41 NMC1080688 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-42 NMC1080689 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-43 NMC1080690 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-44 NMC1080691 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-45 NMC1080692 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-46 NMC1080693 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-47 NMC1080694 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-48 NMC1080695 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
South SR-49 NMC1080696 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth
Roberts SR-50 NMC1080697 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South
Roberts SR-51 NMC1080698 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-53 NMC1080700 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts
SouthRoberts SR-54 NMC1080701 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-55 NMC1080702 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-56 NMC1080703 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
SouthRoberts SR-57 NMC1080704 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
South SR-58 NMC1080705 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-59 NMC1080706 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-60 NMC1080707 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-61 NMC1080708 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth
RobertsSouth SR-62 NMC1080709 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
RobertsSouth SR-63 NMC1080710 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Roberts SR-64 NMC1080711 Kinetic Gold (US) Inc. Eureka C. earning 70% Granted
Western Australia
Polar Bear E15/1298 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E15/1461 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E15/1541 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E63/1142 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E63/1712 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E63/1725 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E63/1756 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear E63/1757 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M15/651 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M15/710 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M15/1814 Polar Metals Pty Ltd Lake Cowan 100% nickel whengranted Application
Polar Bear M63/230 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M63/255 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M63/269 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M63/279 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear M63/662 Polar Metals Pty Ltd Lake Cowan 100% nickel whengranted Application
Polar Bear P15/5638 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P15/5639 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P15/5640 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P15/5958 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P15/5959 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1587 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1588 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1589 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1590 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1591 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1592 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1593 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Polar Bear P63/1594 Polar Metals Pty Ltd Lake Cowan 100% nickel Granted
Eundynie JV E15/1458 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Eundynie JV E15/1459 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Eundynie JV E15/1464 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Eundynie JV E63/1726 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Eundynie JV E63/1727 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Eundynie JV E63/1738 Polar Metals Pty Ltd/ Shumwari Pty Ltd Lake Cowan 80% nickel Granted
Norcott E15/1487 Polar Metals Pty Ltd Mt Norcott 100% nickel Granted
Norcott E63/1728 Polar Metals Pty Ltd Mt Norcott 100% nickel Granted
Fraser Range E28/2791 Southern Star Pty Ltd FraserRange 100% (when granted) Application
Fraser Range E28/2792 Southern Star Pty Ltd FraserRange 100% (when granted) Application
Fraser Range E28/2793 Southern Star Pty Ltd FraserRange 100% (when granted) Application
Fraser Range E28/2794 Southern Star Pty Ltd FraserRange 100% (when granted) Application