Almas Gold Project

Au Advanced Exploration Almas Earn-In, Joint Venture, Sale, Strategic Investment

Project Highlights

  • 714 hectare advanced-stage gold project located in Tocantins, Brazil
  • Approximately 89,000 ounces of ANM-approved define gold resources
  • Located approximately 12 km from Aura Minerals' Almas Gold Mine
  • Four identified mineralized targets across the project area
  • Two targets drill-tested with complete onsite core library available for inspection
  • Extensive bulk sampling program processing approximately 1,100 m³ of mineralized material
  • Existing 5 tph gravimetric pilot plant and complete onsite infrastructure
  • Demonstrated gravity-recoverable gold through operational-scale processing
  • Significant exploration upside with two undrilled targets supported by positive geological indicators
  • Comprehensive due diligence package including drilling data, assays, core library and technical documentation
  • Available for acquisition, joint venture or earn-in partnership

Summary

The Almas Gold Project comprises 714 hectares located in Tocantins State, Brazil, approximately 12 km from Aura Minerals' Almas Gold Mine.

The project represents an advanced exploration-stage opportunity with approximately 89,000 ounces of gold resources approved by the ANM and supported by drilling, extensive bulk sampling and operational-scale metallurgical validation.

Two of the four identified mineralized targets have been drill tested and are supported by a complete onsite core library, while the remaining targets have demonstrated positive results through bulk sampling, trenching and surface evaluation.

The project benefits from substantial existing infrastructure, including a 5 tph gravimetric pilot plant, offices, accommodation, workshop facilities and electrical infrastructure, providing an excellent platform for continued exploration and potential future development.

Geological Overview

Gold mineralization is associated with quartz vein swarms together with disseminated mineralization hosted within schists and gneisses, representing a low-grade bulk-tonnage style gold system.

Extensive drilling, bulk sampling and pilot plant processing have confirmed the presence of gravity-recoverable gold across multiple geological environments and demonstrated continuity within the mineralized system.

Two additional undrilled targets remain open and are supported by favourable geochemical anomalies, trenching results and structural continuity, providing meaningful exploration upside and the potential for further resource expansion.

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