Frederic Daniels’ Post

A Modern Mining Adventure by Maurice Mostert, P.Eng., VP of Technical Services The Technical Services team oversees the architecture of the mine. Integrating math and science, we are focused on the “triple bottom line”: people, profit and the planet. A successful modern mine must have all three. In collaboration with the geologists, engineers and operational staff, we work on drill plans, ventilation systems, mine-to-mill integrations, optimization, sustainability and cost estimates – everything a profitable mine needs to safely tick over. I am now a proud Canadian. I grew up in the interior of South Africa, cut my teeth in the ultra-deep gold mines. Starting my shift at 4:30am, I went three vertical kilometers down the mine shaft to drill and charge holes. South Africa initiated some of the world’s best mining practices. It was a valuable training ground that has informed my approach to the West Red Lake Gold project. The gold veins in the Red Lake District create an interesting challenge, in that they are almost vertical. They undulate wildly along strike, like snaking rivers. If you try to follow them without a detailed map, the veins seem to “disappear”. When the previous operators realised the vein was missing, they’d continue for another two or three cuts with no gold, which ultimately made the operation sub-economic. With a renewed understanding of the ore-body, we now know the vein does not disappear and we can more easily pick up the elusive trail. Those undulations might not have to be mined selectively, which would result in a reduction in mining cost per-ounce-of-gold. Early indications are that Rowan is amenable to “ore-sorting”, which removes waste-rock before it gets to the mill. Ore-sorting has the potential to reduce the tonnage of rock being transported from the Rowan deposit to the Madsen mill, thereby increasing the grade and giving us more “bang for our buck”. We can boost the capacity of the existing mill up to 1,500t/day, almost a 50% increase. We are lucky to have a state-of-the-art water treatment facility with excess capacity. We’re introducing a number of technical innovations. Typically, in Canada, miners blast the rock face, extending the tunnel by up to four metres, then bringing in a scissor deck. The miners stand on top of the deck, drill more holes to install support into the back wall, directly above the miner. It's a time-consuming manual process. West Red Lake Gold is investigating modernising this process with a technique called “jumbo bolting”. You drill and bolt using mechanical arms from the safety of an air-conditioned cab. It’s faster, more robust and with this process no human being comes within three meters of the unsupported ground. We’re also running trials on an innovative explosive that allows us to charge the holes quicker while reducing the ammonia footprint of the mine. TSXV: WRLG 🇨🇦 OTCQB: WRLGF 🇺🇸

⚡️⚡️Submission of Parys Mountain Mine Environmental Impact Assessment Scoping Report ⚡️⚡️ Anglesey Mining plc (AIM: $AYM), is pleased to announce that it has reached an important project milestone with the formal submission on 31st July 2024 of the Parys Mountain Mine Environmental Impact Assessment (EIA) Scoping Report to the North Wales Minerals and Waste Planning Service as part of a formal EIA Scoping Opinion request. The Planning Service assesses mineral planning applications on behalf of the Isle of Anglesey County Council and other County Councils within the North Wales Region. Read the full announcement here: https://bit.ly/4cobcyI The Scoping Report forms part of the first stage in the EIA process and comes after almost two years of extensive studies and work by the Anglesey team on site. Cumulative expenditure on the EIA process in that timeframe is almost £300,000. The scoping report sets out the project’s perceived impacts, specifically identifying any crucial and significant impacts which will be assessed as part of the final EIA report, the compilation of which will require further environmental and ecological work. At this EIA scoping stage, the project description remains indicative and will be refined following ongoing mining engineering studies, economic analysis and discussions with neighbours, the wider community and other stakeholders. The mining at Parys will be carried out by underground methods; there are no plans for an open pit or opencast mine extraction works. The Scoping Opinion request will now be validated by the Planning Service and when that process is completed it will be placed on the Anglesey Council Planning Public Register. At that time, Anglesey Mining will publish a further RNS release providing information on how interested parties can view and comment on the report. Rob Marsden, CEO of Anglesey Mining, commented: “The submission of the Environmental Impact Assessment Scoping Report for the Parys Mountain Project is a very significant milestone for Anglesey. The assessment of the environmental and social impacts of mining of copper, zinc, lead, silver and gold from Parys Mountain, in addition to the economic feasibility, will play a major part in the permitting processes required to progress the project through investment and financing to mineral production.” “It is worth reminding investors that Parys Mountain is demonstrably the largest and most advanced copper/zinc/lead/silver/gold project in the UK with a substantial resource upside. In addition, the project is favourably located on a previously permitted, development site with significant existing infrastructure already in place.“ $AYM #AYM #EnvironmentalImpactAssessment #EIA #copper

We are pleased to be advising on forward initiatives around Kincora Copper Limited's very significant copper-gold asset portfolio in the world-class Southern Gobi copper belt, Mongolia. This region is a rapidly emerging source of new copper supply and with an existing 426Kt copper and 437Koz gold resource inventory, plus significant exploration target, on a small portion of one of three underexplored porphyry complexes, this portfolio offers genuine Tier-1 potential. Coupled with a fully operational mining camp, Mongolia based team on the ground and large scale walk up drill targets (both green and brownfield) the portfolio offers unique leverage to the copper price moving forward and it would be hard to find a better in-country entrée than this on a global basis.   Key highlights include: • 100% interest and district-scale project portfolio (175sqkm) • Three underexplored, large and near surface porphyry intrusive complexes (smallest > 2.5 x 4.5km) • Maiden 194Mt JORC Mineral Resource Estimate and further 100-300Mt exploration target on a small, and considered less prospective, section of one of these intrusive complexes • Oxide resource on a mining license offering near term development potential • Established in-country team of experienced geologists with supporting infrastructure and Ulaanbaatar office • Year-round field camp • One of, if not the largest, proprietary databases held by a western group for new opportunities in Mongolia A high impact, modest cost 2024 field program is proposed, including resource expansion and new discovery drilling, coupled with gaining a second mining license and advancing desktop studies for an open cut oxide development project. This opportunity presents as a potential ‘company maker’ for the right group. With Kincora’s focus on progressing their core Australian assets there is flexibility for how new groups might be involved in taking the opportunity forward.   A comprehensive slide deck is available at https://lnkd.in/gxJ_gfJY

CIM Saskatoon - Uranium Night - February 15th, 2024 Date & Time: Thurs, Feb 15, 2024, 6:00 PM - 10:00 PM CST Location: Sheraton Cavalier Saskatoon Hotel Those planning to attend the CIM Saskatoon Technical Nights are encouraged to renew their membership. Annual membership dues are $30. >>> https://lnkd.in/gtHVsNw8 Mine Access Design at Fission Uranium Corp’s PLS Project Fission Uranium is a public Canadian exploration and development company, with its head office in Kelowna, British Columbia. The company is primarily engaged in the acquisition, evaluation, and development of uranium properties. It holds a 100% interest in the PLS Property, located in the southwest area of Saskatchewan’s Athabasca Basin and which hosts Triple R uranium deposit. The Triple R deposit is a basement-hosted, near-surface, high-grade uranium deposit with mineralization occurring at five on-strike zones over a strike length of 3.2km. The R780E and the R840W zones are the most significant of the zones, as they host higher grade, thicker, and more continuous mineralization compared to other areas as defined by current drilling. In January 2023, the company released the Feasibility Study, NI43-101 Technical Report for the PLS Project. The Feasibility Study was based on using underground mining methods using long-hole open stoping and mechanized drift and fill mining in the crown pillar areas. Mine access will be via a decline, including a box cut into the overburden with a portal face collared in the overburden. The first stage of the decline will be developed through overburden for approximately 400m using a Tunnel Shield, a civil construction technique that was used previously in 2011 in Botswana. This presentation will focus on the various development techniques considered to gain shaft and decline access through the glacial tills and sand layers above the basement rock, including an update on the Front End Engineering and Design phase for mine access. Guest Speaker: Gary Haywood, P.Eng., VP of Project Development, Fission Uranium Corp. Mr Haywood is a professional Mining Engineer licensed in Saskatchewan and the Yukon with over 35 years of mine engineering and operations experience in underground and surface mining, in commodities including gold, coal, and uranium. He has extensive experience with underground uranium mining operations through his previous employment with Cameco Corp. at the Eagle Point and McArthur River operations in various capacities including Senior Mine Engineer, Mine Superintendent, and General Manager. For the past seven years, Mr Haywood has been providing mine engineering consulting services to the mineral resource industry and has been involved in feasibility studies, project management, and mine operational readiness planning. In 2020 he joined Fission Uranium Corp as VP of Project Development and has since been leading the project technical team through engineering and design, permitting and licensing, and community engagement.

*NEWS* -- KO Gold Inc. - (CSE: KOG) KO Gold Granted Exploration Permit Over Historic Carrick Goldfield in Otago Gold District and Commences Regional Exploration Programs. Highlights: *Carrick EP granted for a 5-year term over the historic Carrick Goldfield with immediate plans to drill several holes targeting high-angle lode-style gold mineralization and low-angle shear-hosted gold mineralization within the Carrick-Potter Shear Zone ("CPSZ"). *Exploration activities on the Carrick Range PP will take approximately six weeks to complete and includes geological mapping, prospecting and rock sampling, and an extensive soil and stream sediment sampling program over the 200 km2 permit area. This program is designed to identify potential drilling targets for an upcoming reverse circulation (RC) and diamond drilling program in the Carrick Goldfield. *Management has recently approved a C$3M exploration budget to complete regional exploration programs on its Carrick Range, Rough Ridge South, and Tokomairiro prospecting permits and in addition RC and diamond drilling programs on its Carrick, Hyde, Glenpark, and Smylers Gold exploration permits; once access agreements have been approved in a few weeks and a drilling contractor has been selected. The drilling programs for the Carrick, Smylers, Hyde, and Glenpark EP's are currently being designed. *The Company is working on obtaining access agreements to drill on both private and Department of Conservation (DOC) lands on its permits and this will include discussions with local Māori iwi groups on any potential land impacts. The exploration and drilling programs are managed and supported by RSC Consulting Ltd. ("RSC"), a highly experienced geological and mining consultant company based in Dunedin and with extensive knowledge of the Otago Gold District. *KO Gold is targeting the discovery of reef/shear-hosted gold lode mineralization within the historic Carrick Goldfield (Carrick EP) and to the south on the Carrick Range PP where modern exploration has been limited up until this point. The Carrick Gold Project is potentially similar to the nearby Santana Minerals Ltd. ("Santana") Rise & Shine ("RAS") gold deposit within the Rise & Shine Shear Zone ("RSSZ"). The RAS deposit is quickly advancing through the mining feasibility stage and contains a JORC Indicated Mineral Resource of 17.1 Mt at an average grade of 2.4 g/t Au for 1.3 Moz of contained gold and a JORC Inferred Mineral Resource of 13.7 Mt at an average grade of 2.1 g/t Au for 0.9 Moz of contained gold using a 0.5 g/t Au cutoff and open-pit mining scenario (source: Santana ASX announcement dated February 16, 2024). Link to full press release: https://lnkd.in/drKP5gdJ

Tanbreez Project in Greenland is Enabled by the World’s Largest Rare Earth Deposit Europe-focused Critical Metals Corp. (Nasdaq: CRML) announced today that it has successfully obtained an extension for the exploitation license of its majority-owned Tanbreez project in Greenland, recognized as the world’s largest rare earth deposit. This extension marks a significant milestone for the company, as it now has until the end of 2025 to submit its exploitation and closure plans. Additionally, Critical Metals must provide financial security and a company guarantee by June 30, 2026, with the goal of commencing mining operations by the end of 2028. Tony Sage, Chairman and CEO, emphasized the importance of this development, stating, “The extension is a significant milestone, demonstrating strong local support for our project, which is expected to create numerous local jobs.” Following the completion of its recent drilling program, all extracted rare earth materials have been secured in storage, with samples sent to ALS laboratory in Ireland for analysis. The company anticipates receiving test results in the coming months. Located in Southern Greenland, the Tanbreez project is expected to contain over 27% heavy rare earth elements (HREE), which are highly valuable in various industries. Once operational, the mine will supply rare earth elements to both Europe and North America, benefiting from year-round shipping access through deep-water fjords leading to the North Atlantic Ocean. In addition to the Tanbreez project, Critical Metals also owns Europe’s first fully permitted lithium mine, the Wolfsberg project in Austria, which is set to begin construction by 2026. The company has committed to supplying BMW by 2027 and has secured a partnership with Obeikan Investment Group to establish a lithium hydroxide plant in Saudi Arabia. Following this announcement, shares of Critical Metals rose nearly 2%, trading at 2.60p by 2 PM London time, bringing the company’s market capitalization to £1.75 million ($2.29 million). https://lnkd.in/eU_2emSG

Atlas Salt partners with Sandvik for greenfield rock salt mine including electric fleet Atlas Salt Inc. has announced the signing of a comprehensive non-binding MOU with Sandvik Mining and Rock Solutions. This strategic partnership establishes Sandvik as the preferred underground mobile mining equipment supplier and Integrated Project Delivery (IPD) Partner for the #GreatAtlanticSalt Project. Atlas has a target date of the first half of 2025 for securing project financing. Surface construction would commence in late 2025, then the boxcut, portals and decline development from mid-2026, the conveyor install from April 2027, with mine commissioning and operational readiness coming in 2028. Room and pillar production mining will be executed in four cuts of 5 m height, resulting in a maximum room height of 20 m. Rooms will be 16 m wide, separated by 25 m square pillars. Processing of the salt will take place at a crushing and screening plant located within the underground mine and it will be transported to the surface via conveyor belts. On surface, a series of conveyor belts will transport the rock salt from the mine site to the port. Key highlights of the MOU include firstly the purchase of advanced electric mining equipment. As part of this partnership, #AtlasSalt will acquire a fleet of cutting-edge mining equipment from Sandvik. This includes three MB670-1 high-capacity #continuousminers, one MT521 #roadheader, five TH550B 50 t #batteryelectric haul trucks, two Toro™ LH518iB 18 t #batteryelectric loaders, and one DS412iE battery-powered bolter, with the battery primarily used for tramming and cable power during drilling. The CM and roadheader are cable electric. Included with the mining fleet will be the development of the #AutoMine system for core #fleetautomation. This system will enable #teleremote and autonomous operations, making underground mining safer, more sustainable and productive. Additionally, the fleet will feature a suite of Newtrax hardware and complementary software products designed to provide #proximitydetection, #collisionavoidance, and data-driven productivity and safety modules, ensuring safe and efficient equipment operation. Supporting this digital transformation is Solutions Ambra inc.’ advanced #networkinfrastructure. Richard LaBelle, CEO of Atlas Salt, commented: “We are excited to partner with Sandvik, a leader in mining technology, to equip the Great Atlantic Salt Project with the most advanced underground mining systems available.” Peter Corcoran, VP of Sandvik Mining and Rock Solutions Canada, added: “Sandvik is proud to partner with Atlas Salt on the Great Atlantic Salt Project, bringing our cutting-edge mining solutions to one of the most significant salt developments in Canada. Our focus on automation & digitalisation aligns perfectly with Atlas Salt’s commitment to safety, efficiency, and sustainability.” #saltfactory #mineofthefuture #theelectricmine #futureofmining

SADC countries express concern on the in situ leach mining in cross-boundary Stampriet aquifer: Staff Reporter THE newly appointed Head and Executive Secretary of the Orange–Senqu River Commission (ORASECOM), Comfort Molosiwa, has expressed concern over in situ leach mining of uranium in the Stampriet Transboundary Aquifer System in Namibia. Molosiwa said that it could affect the water used by Botswana, which shares the Stampriet Transboundary Aquifer System with Namibia and several other countries. Molosiwa’s comments came from a pre-meeting ahead of a High-Level Meeting that sought to determine the impact of uranium mining using the in situ leach mining method in the Stampriet Transboundary Aquifer System after concerns were raised. The meeting followed fears from Namibian farmers that the in situ leaching mining solution could dissolve uranium and other toxic radioactive minerals into the groundwater, prompting the government to seek assistance from UNESCO to find a way forward on uranium mining in the Stampriet Artesian Basin. According to Tanja Dahl from the Namibia Agriculture Union (NAU), a pre-meeting with 42 participants took place with ORASECOM in South Africa. ORASECOM is the transboundary river basin organization of four countries: Botswana, Lesotho, Namibia, and South Africa. It was formed to coordinate activities, implement decisions, and promote the equitable and sustainable development of the resources of the Orange-Senqu River. ORASECOM provides a forum for consultation and coordination between the riparian states to promote integrated water resources management and development within the basin. The newly appointed Head and Executive Secretary Molosiwa from Botswana addressed the event, expressing concern over in situ leach mining, as it can affect the water used by Botswana. He also indicated that the actual size of the Stampriet Transboundary Aquifer System extends further into Botswana than originally thought. Two UNESCO specialists, Ms. Amie Legget, a Senior Environmental Scientist from Australia involved with Innovative Groundwater Solutions (IGS), and Dr. Malcolm Siegel from New Mexico, with extensive experience in environmental geochemistry, groundwater remediation, drinking water treatment, and risk assessment, both commented on the shortcomings of the Environmental Impact Assessment submitted in the application for an Environmental Clearance Certificate for Test Mining. Both experts pointed out that hydrogeological and hydrogeochemical details are missing, which are necessary for a complete understanding of a project of this magnitude. They recommended that further studies and modelling be conducted. Both agreed that possible mining should not compromise the groundwater quality in the target aquifer, especially since it is the only drinking water source for a vast and arid area. It is clear that participants have opposing views. The Environmental…

QUARTERLY REPORT For the period ending 30 June 2024  JUNE 2024 QUARTER HIGHLIGHTS GOLD EXPLORATION • Maximus continued its focus building on the Company’s 335,000 oz of gold resources, with the commencement of mine optimisation studies and preparation of Mining Proposal submission for openpit operations. • A second phase drill program has been completed at the Wattle Dam Gold Mine, targeting a potential structural offset of the high-grade gold mineralisation - Assays pending. • An infill and resource extension drill program has been completed at the Hilditch Gold Project, for additional metallurgical testing and improved resource confidence classification - Assays pending. • Discovery of high-grade rock chip samples up to 9.8 g/t Au across an extensive untested gold-in-soil trend at the Golden Eagle Prospect. Preparation for drill testing is underway. • Flora and Fauna Surveys have been completed at the Hilditch and Wattle Dam Gold Project to complement previous environmental studies in preparation for a Mining Proposal submission. LITHIUM EXPLORATION • Australian Foreign Investment Review Board (FIRB) approval was received for a USD$3 million Joint Venture (JV) with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR). • A second phase wide-spaced Reverse Circulation (RC) drill program at the Kandui Prospect was completed. All holes intersected fertile LCT pegmatites with strong fractionation, up to 18m thick, validating the geological model. Multiple shallow spodumene-bearing pegmatites intersected include: ~3m @ 0.72% Li2O from 47m, incl. 2m @ 0.96% Li2O from 48m (MKRC044) ~18m @ 0.24% Li2O from 116m, incl. 2m @ 0.50% Li2O from 119m (MKRC043) ~14m @ 0.24% Li2O from 66m, incl. 1m @ 0.79% Li2O from 77m (MKRC034) • Discovery of coarse spodumene crystals up to 20cm in length at the Bird Rock Prospect, through the completion of a project-wide soil geochemistry sampling program at the Lefroy Lithium Project. • Maximus was awarded a $102,000 co-funded drilling grant by the WA Government Exploration Incentive Scheme (EIS) to test several LCT pegmatite targets at the Larkinville Lithium Project.  CORPORATE • Completion of a $3.2 Million Underwritten Entitlement Offer to accelerate gold-focused development work and exploration drill programs across Maximus’ Spargoville Gold Project. • The Company ended the quarter with $4.0 million in cash, including receivable from KOMIR JV. Tim Wither Gregor Bennett Brayden Sprigg Dos Santos Rajita Alwis #MXR #Lithium #Gold #Nickel

Exploration Insights' second leg of a recent trip Down Under took me from Orange, New South Wales in the middle of a thunderstorm to the capital of Victoria. I visited the Sunday Creek gold-antimony project, the current ‘darling’ of the ASX-listed gold sector, Southern Cross Gold, which is 51%-owned by Mawson Gold Ltd (MAW,TSX) and conveniently located less than an hour north of Melbourne. The high-grade gold-antimony mineralization appears to be controlled by the competency contrast of up to 100 m from the contact of a 20-30 m thick diorite dyke with Ordovician-Devonian-aged sediments of the Melbourne Block. The company is looking to increase its drill rig count (4 to 6) as it moves to generate a maiden resource (40,000 m). Investors are hoping that it may be similar to the Fosterville gold-antimony deposit, a unicorn-like deposit that I covered during my keynote address at the Victoria Gold Mining & Exploration Forum. On my 2016 visit to Victoria, I saw the Fosterville Mine, I witnessed Newmarket Gold's emerging understanding of the potential impact of this new style of mineralization on the previously marginal, refractory (bio-ox) underground operation before its acquisition by Kirkland Lake Gold. The combination of high-grade and excellent metallurgy surrounded by first-world infrastructure underpins the high operating margins and the premium valuation attributed to the high-grade, high-recovery, Fosterville UG mine, which was acquired a few times - another tell-tale sign of a unicorn gold deposit. I note that the last currently operating mine that was approved for development in Victoria was Mandalay Resources Corporation's Costerfield underground operation. Note that several projects have obtained permits to develop but are not currently in production. On a positive note, in contrast to other highly endowed jurisdictions, the Victoria Gold Mining & Exploration Forum highlighted that the Australian government agencies are active in supporting the mineral industry with funding for new exploration ideas while providing all companies (big and small) with data from regional geophysical surveys, which helps level the playing field. [top left] Gold-bearing veins at the Golden Dyke workings appear to be controlled by the competency contrast of up to 100 m from the contact of a 20-30 m thick diorite dyke with sediments, [top right] drilling with 4-6 rigs at Sunday Creek, located 60 km north of Melbourne [center left] whiteboard of geology at the core shack/office, [bottom left] Minister of everything in Victoria attends remotely at the conference, and [bottom right] talking about unicorns like Fosterville. Source: Exploration Insights