Aspen Gold

Location

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Gold-silver bulk tonnage target, 25 km northwest of Newgold Inc’s 9.5 million ounce Blackwater gold deposit

Highlights

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• Similar geological and structural setting, on margin of large mineralizing pluton
• Significant copper and gold intercepts in historic drilling trending onto Aspen Property
• Widely dispersed multi-element geochemical anomalies

Exploration Strategy

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Aspen Project – Early stage gold project

• Phase 1: Complete Induced Polarization (IP) geophysics and ground work to delineate significant targets
• Phase 2: Drill targets with corresponding IP and geochemical signatures
• Phase 3: Review assay data from drilling and complete follow up work and modeling
• Phase 4: Follow-up Drilling – to be determined based on initial drilling program