The Project area is underlain by a largely unexplored and only recently recognised belt of Archaean- aged greenstone rocks that were discovered in 2005. This belt of predominantly volcanic and sedimentary rocks is located on the southern margin of the Sylvania Dome, a major structure where Archaean predominantly granitic basement rocks thought to be part of the Pilbara Craton, are exposed at surface within surrounding younger Proterozoic aged sedimentary basins.

Typically, at the KGP the bedrock geology is obscured by a thin cover of sandy soil up to 2m thick. The Bibra deposit is part of a large-scale Archaean gold mineralising system with mineralisation hosted within a package of deformed meta-sediments and meta volcanic rocks and is developed on four main parallel, shallow dipping structures. Close to surface in the weathered rock, oxide gold mineralisation has been developed over the structures from surface to a depth of approximately 60m.

The Bibra deposit will be mined by open pit mining methods using conventional mining equipment. The FS assumes that load and haul will be undertaken as an owner operator which utilises a peak operating fleet of four 100 tonne haul trucks and eight 130 tonne haul trucks, a 300 tonne, 200 tonne and 100 tonne excavators along with ancillary equipment including dozers, graders, loaders and watercarts. Drill and blast activities and grade control drilling will be undertaken on a contract basis. Detailed fragmentation modelling was undertaken by George Boucher Consulting to determine appropriate blasting techniques and powder factors in the various ore and rock types. Drill and blast will be on 5m benches in ore and 5m and 10m benches in waste. Grade control drilling will be undertaken by reverse circulation drilling, predominantly on a spacing of 10m x 10m, which targets the main zones of mineralisation and a 5m x 8m pattern in more discrete hanging wall lodes. Grade control hole orientation in the first 20 metres of the pit (including laterite zones) will be vertical and thereafter is planned with inclined holes at 60 degrees to the east.

The pit will be mined in three stages with the first stage comprised of three oxide pits.

A life of mine open pit production schedule was prepared using the staged designs and based on the primary target of achieving the mill production feed rate which varied between 3.0 Mtpa and 3.75 Mtpa. This was achieved throug ........

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