Mike Bennett

I really believe just Mario Bonita could be um several million ounces.

this leads us to believe that we have much much much more blue sky than we'd uh originally thought

we've got 28,000 hectares in our property property package

We find in total 11 targets which we believe are similar targets to Maria Bonita

we've drilled about 15,000 mters into the central area

we've only drilled to date just over maybe less a bit less than 6,000 meters into uh into Maria Bonita

Kajuero is our central area um which has 700,000 ounces in its resource

Maria Bonita which presently has 720,000 ounces in its resource.

So we've got a combined resource between the two areas which is in our project package of 1.42 million ounces

we've now published 720,000 ounces uh to date in Mario Bonita

the central area by the way just to remind people is 7 kilometers away from Mario Bonita has a resource of 700,000 ounces

This isn't a pfrey which was found in the Andes which is fairly recent.

this is a a pfrey. It's a very old porefree. It's 1.7 billion years old.

in some of the deeper the holes, we've got uh lower grades of.3 grams

we'll drill between uh five and 15,000 mters uh in the next 12 months.

We'll have a a board meeting in June to decide on the second half of the year.

I'd like to have both of those uh working sometime during 2027.

I'd like to have an updated resource and I'd like to have the economics and the um at least the green light

you'll see results coming in right the way through the next six months

we will uh snag another three of those regional targets in the next two or three months

we start the third drill cap campaign uh about two months ago

And that has gone from a very early stage in 2022 to a resource an initial resource in 2025

So, we'll be between four and 5,000 meters to also grow that central area resource

hole 32 uh is our deepest hole to date was if I remember correctly was about 400 uh 450 m deep sorry 550 m deep

We drilled the first holes in 2007 with a a small junior uh made a discovery hole

we intend to drill at least five of them in 2025

We've just drilled one drill hole since then. We drilled this about a month ago. Uh we released this two weeks ago.

the resource on Maria Bonita the 720,000 ounces was actually published this year

We also talk about the game plan for the next 12 months, and what investors should be watching as the company continues to drill in Brazil

Kajuero just to remind uh viewers is in central western Brazil

the project Kajuero is in central western Brazil

You know Kajuero is our central area um which has 700,000 ounces in its resource

Kajuero just to remind uh viewers is in central western Brazil uh right on the uh border of the states between Matagroso and Parah

you guys are focused on the Alta floor esta gold belt

We bought the farm which covers Maria Bonita which is 409 hectares of land.

we've got such a large land package 25,000 hectares we've got 15 kilometers within that land package

It's on a road from the city of Altra Foresta 100 kilometers away one and a half hours from Alter Foresta. It's got a power line running right through it

It's a porefree district and it's 100% owned by Alameira Gold

we have to take our hat off to and say thank you to Dr. Richard Silito

This is 1.8 billion years old.

It demonstrates you got a rock which is extremely evenly mineralized

we drill our first deep hole uh which was hole 32. And we get um four we get 395.5 m of point4 gram per ton

It's a very long intercept. So it's the longest hole we've ever drilled. It more than doubles almost doubles the vertical depth of mineralization we knew about

the highest grade was 5.96 grams per ton. And that was the only high-grade sample in the suite of those 400 samples

We've got a very old pfrey, 1.7 billion years old. And the result of that is that that overbearing rock, those two 300 meters, has all been eroded away.

using a cyanide leech, using an agitated cyanide leech, we can get plus 90% of our gold out

the footprint that we've got in in uh the geoysics right now is about 800 m by 600 m.

I'd like to have a thousand ton a day plants and I'd like to be producing let's say 10,000 uh minimum ounces a year

Post 2021 when um we got Crescat in as major shareholders of the company

you guys had a former Crescat member, Tabby Costa, who recently started his own fund. uh he's joined uh your board.

Ourselves as management uh my family um we hold a significant portion as well around about 10% of the company

So Crescat has 16% of the company

We have since 2023 Aura Minerals who h hold 11% of our company

I see that there's 265 million shares outstanding