Gold Mountain

 <b>An overview of our current copper projects in the Western Borborema Province, Brazil.

Copper Projects [Brazil]

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The Iguatu Project was confirmed as highly prospective for large scale Copper & Lithium via the 

Gold anomalies have been detected in most areas of copper anomalies, with few gold anomalies not associated with copper.

Assays received from regional stream sediment sampling with widespread anomalies in a suite of elements including Cu, Au, Ag, Hg and Ba, indicative of Olympic dam style post tectonic Iron Oxide Copper Gold (IOCG) style mineralisation associated with some typical IOCG alteration assemblages.

Right: Iguatu project tenements & prospect names.

Gold Mountain holds 121 granted tenements (plus 14 applications) in the Western Borborema Province.

 Good geology, mapped mineral occurrences of IOCG copper and Lithium pegmatites as well as presence of Lithium indicator mineral occurrences.

Large IOCG copper discoveries in Brazil: 

Target is postorogenic style deposits that have median grade and tonnage of 120 million tonnes at 1.1% Cu and 0.48g/t Au (this type includes Olympic Dam deposit).

Copper mineralisation extends into GMN tenements:

 Small reconnaissance IP and magnetic surveys have indicated a deposit containing widespread copper mineralisation, open in all directions extending into at least one GMN tenement, possibly into a second GMN tenement.

GMN intends to explore the extensions to the Ararenda deposit which overlaps into the GMN tenements. Regional reconnaissance is complete at Iguatu, work progressing at São Julião

São Julião tenemants have known IOCG copper & iron tenements.

Coccoci & São Julião tenements have at least 13 confirmed IOCG Cu occurrences, plus iron.

Detailed academic work in São Julião and Cococi shows IOCG copper as well as unknown type copper.

 contain extensions of a known IOCG copper mineralised occurrence 

IP anomalies extend into GMN tenements and are not closed off. Lines of IP very limited (black lines in inset).

Known untested, large scale iron occurrences within GMN tenements. 

Planned work program: GMN intends to explore the extensions to the Ararenda deposit which overlaps into the GMN tenements. 

IP programs to extend coverage are planned as well as regional stream sediment sampling and review of regional geophysics to locate further anomalies that require testing. 

Drilling of IP anomalies once further IP has been completed