Location

The Sinclair project is located 25km south-west of Thunderbox.

Geology

The Sinclair tenure is contiguous with Saracen’s Bannockburn project area (>1Moz Mineral Resources). Saracen’s recent air core drill program across Bannockburn highlighted significant anomalism along the prospective Bannockburn and Blue Tank Shear zones. The southern extension of these anomalous structures continues on to the Sinclair package, presenting an outstanding exploration target devoid of any systematic gold exploration to date.

Highlights:

• Highly prospective yet underexplored gold tenure immediately along strike from Saracen’s Bannockburn project area (1.04Moz Resource), where recent air core drilling has highlighted additional significant anomalism
• Extensive infrastructure including a 200-person camp, mine buildings and workshops, core yard, 2km sealed airstrip, and abundant good quality water (bore field and pipeline)
• Extensive underground mining assets including primary and secondary ventilation fans, electrical starter boxes and refuge chambers, readily available for installation at the growing Thunderbox underground mine
• +350ktpa nickel processing plant and Mineral Resources² of 720,000t @ 2.3% Ni for 16,200t of contained nickel, enabling value to be unlocked at the Saracen-owned Waterloo / Amorac deposits