Four Placer Gold Deposits in Krasnoyarsk Krai, Russia

Direct sale by the owner of two LLCs holding licenses for mineral exploration and evaluation in Krasnoyarsk Krai, Russia. Sold as a single lot.

Key Metrics

Transaction Subject: Two LLCs holding usage rights for four alluvial gold deposits in Krasnoyarsk Krai. Licenses are valid; the companies are free of encumbrances.

Total Estimated Reserves:

• (C1–C2) ~ 5,400 kg
• (P1–P2) ~ 6,200 kg

LLC No. 1

Deposit 1

Status:

• Alluvial gold exploration project completed and successfully passed state expert review.
• Forest development plan completed and successfully passed state expert review.
• Site area: 3.6 sq. km.
• License: KRR BP – Geological exploration (prospecting and evaluation).
• Valid until the end of 2027.

Expected results (chemically pure gold):

• Forecast resources (P1+P2): ~3,539 kg
• Reserves (C2): ~2,227 kg
• Reserves (C1 in the detailed study area): 338 kg

Infrastructure and logistics:

• The site is located 15 km from the highway.
• Water supply (industrial and potable) from local watercourses. The area is forested, with established logging infrastructure.

Deposit 2

Status:

• A geological exploration plan for placer gold has been prepared and successfully passed the State Expert Review.
• A forest development plan has been prepared and successfully passed the State Expert Review.
• License: KRR BP – Geological study (prospecting and evaluation).
• Valid until the end of 2027.
• Site area: 2.25 km²

Expected results based on the approved exploration plan (chemically pure gold):

• Forecast resources (P1 + P2): ~1,170 kg
• Category C2 reserves: ~1,044 kg
• Category C1 reserves (detailed study area): 288 kg
• High gold grades in bedrock and sands (up to 10–17 g/t) have historically been recorded in the area.

Infrastructure and logistics:

• The site is located 15 km from the highway.
• Water supply (industrial and potable) is sourced from local watercourses.
• A ferry crossing over the Yenisei River is available.

Legal and project status:

• A POSITIVE conclusion from the State Expert Review of the exploration plan has been obtained.
• The project is fully ready for implementation; work volumes and methods are justified and approved.
• Environmental requirements have been agreed upon; reclamation does not require complex measures. capital expenditure (natural revegetation is planned).

LLC No. 2

Both licensed areas are located in one of Siberia's regions with the richest history of gold mineralization.

Deposit 3

Status:

• Geological exploration project for placer gold completed and successfully passed State Expert Review.
• Forest development plan completed and successfully passed State Expert Review.
• Ready for immediate commencement of operations or license transfer.
• Area: 17 sq. km.
• License type: KRR BP (Geological study, prospecting, and evaluation).
• Validity: Until the end of 2027.

Substantiated reserves and resources (per exploration project):

• Category C1: 213.7 kg
• Category C2: 546.0 kg
• Prognostic resources (P1+P2): 787.5 kg

Infrastructure and logistics:

• The site is located 2–5 km from an improved dirt road. Cargo delivery in summer: via the Yenisei River followed by road transport; in winter: winter roads/road transport.
• Mountain-taiga region; low-mountain terrain.

Deposit 4

Status:

• Geological exploration project for placer gold completed and successfully passed State Expert Review.
• Forest development project completed and successfully passed State Expert Review.
• License: KRR BP (Geological study, prospecting, and evaluation).
• Validity period: until the end of 2027.
• Site area: 15.85 sq. km.

Expected results for the site (chemically pure gold):

• Forecast resources (P1+P2): ~705.6 kg
• Reserves (C2): ~472.5 kg
• Reserves (C1 in the detailed exploration area): ~273.1 kg

Infrastructure and logistics:

• The site is located 2–5 km from an improved dirt road. Cargo delivery in summer: via the Yenisei River followed by road transport; in winter: via winter roads/road transport.
• Mountain-taiga region; low-mountain terrain.

Deal Structure:

• Sale of a 100% equity interest in two LLCs / change of beneficial owners. Legal title is guaranteed.
• The owner is also prepared to assist in organizing and managing geological exploration works and registering reserves (categories C1–C2) on the state balance sheet.
• Provision of key documents is strictly conditional upon the signing of an NCNDA. Negotiations and due diligence may proceed only after proof of funds has been provided.