Highlights from VTEM results

• 1,500 line kilometres of surveying completed over portions of the Meadowbank Blocks A, B and C (VTEM survey was carried out by Geotech Ltd.)
• Aimed at identifying bedrock conductive responses in areas that Western Atlas considers to be geologically permissive for gold mineralization
• Numerous strong electromagnetic (EM) anomalies were located in Blocks B and C
• The strong EM double-peak anomalies are related to bedrock conductors, i.e., BIF-related sulphides (including pyrrhotite possibly) – Electromagnetic anomaly picking (EM) and AIIP processing report (by Geotech Ltd)