Orion Project

Highlights

  • The Orion Project hosts 13 Carlin-type gold prospects which are collectively referred to as the Anubis Cluster
  • The Anubis Cluster is located 10 km west of the Osiris Carlin-type Gold Deposit (1,685,000 ounces of gold at 4.23 g/t Au) and is part of the broader Carlin-type gold district referred to as the Nadaleen Trend
    • The Nadaleen Trend is defined to a length of 30 km and is comparable in size to the entire northern Carlin Trend of Nevada
  • Gold mineralization associated with the Anubis Fault has been intersected over a 2.5 km strike length and down dip 540 m
  • Completed 15,018 m in 49 diamond drill holes on the Orion Project
  • All zones outcrop at surface and remain open along strike and at depth

Anubis Cluster Highlight Diamond Drill Results

Hole From (m) To (m) Interval (m) Grade (g/t Au)
AN-12-001 63.09 71.60 8.51 19.85
AN-12-003* 69.19 85.95 16.76 9.08
AN-16-010* 18.00 79.29 61.29 2.75
BDO-18-008 509.84 514.50 4.66 6.95
BDO-18-017* 361.80 369.41 7.61 10.48
BDO-18-018 166.73 177.46 10.73 7.20
BDO-18-019 135.94 138.72 2.78 9.49
True width for diamond drill results are estimated to be 70 - 100% of intersected widths
*True width for diamond drill results are estimated to be 20 - 50% of intersected widths

Orion Geology

The 13 km² Anubis Cluster is underlain by favourable mid-Paleozoic limestone, silty limestone, shales and calcareous siltstones that are cut by a network of regional scale faults. Two of these regional faults – the Anubis and Northern faults – are extensional features that are believed to be mineralizing fluid conduits. Smaller scale cross-cutting faults show strong evidence for hydrothermal alteration and are also potential areas for mineralizing fluid focus.

Orion Mineralization

Mineralization in the Anubis Cluster shows characteristics consistent with Carlin-type gold mineralization, as do other targets along the Nadaleen Trend. The Anubis discovery outcrop consists of highly fractured, strongly folded, jasperoid altered and decarbonatized siltstone and shale. Extensive soil geochemical anomalies in the Anubis Cluster occur with well-developed hydrothermal clay alteration developed in proximity to the feeder fault systems. The large-scale pathfinder element geochemical footprint suggests a very large Carlin-type environment with a long-lived plumbing system.

Orion Drill Results

.