Copper and Zinc Production,Disciplined Growth.

S I T E V I S I T | O C T O B E R 2 0 1 6

Macedonia Projects

Macedonia projectsKonjsko Historical alluvial Au

mining but no drilling or systematic exploration

Extensive soil anomalies Orogenic gold similar to

Red Lake / Timmins

Dvoriste Cu-Au porphyry project

near Ilovitsa (Euromax) project and Buchim Cu mine

Prospecting licenses Exclusive rights to claim

120km^@ of new exploration licenses

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Dvorishte Dacite porphyry intruding gneiss

/schist basement, with brecciated contact zones.

In same district

Ilovitsa porphyry copper-gold deposit (256.8 Mt @ 0.32 g/t Au & 0.21% Cu)

Buchim porphyry (exploitation) 150 Mt @ 0.3% Cu and 0.35 g/t Au

Kadiica HS and porphyry gold system

Porphyry-type stockwork veins (quartz-pyrite-chalcopyrite) and K-silicate alteration occur at margin of dacite intrusion

Soil sampling and IP to be completed

20 km

Dvorishte: Oxidized quartz limonite veinlets in quartz-clay-sericite altered intrusive

PB1

A2A2

Divorishte

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KonjskoDrilling to begin on orogenic gold targets at

Konjsko fall 2016

Mineralization in the regional Kozuf Massif:

Epithermal/”Carlin-like” Au+Sb+As+Tl at Alshar HS and porphyry Cu-Au at Dudica; Alluvial gold in Konjsko River

Konjsko includes two contrasting styles of mineralization:

Structurally controlled, carbonate-hosted, Sb-As-Tl±Au (stibnite, realgar, orpiment, lorandite) mineralization at Smrdliva Voda

Orogenic Gold (no As or Sb) mineralization in strongly structurised, quartz-veined and intensely altered basement schists / marbles:

19 m @ 2 g/t Au (range 0.075 – 9.85 g/t Au)

Work continuing to define the extent of the gold mineralization and investigate other occurrences including the Dudica high-sulphidation and porphyry Cu-Au Konsjko ‘Road Cut’: Mesothermal

quartz veins cutting basementschists (from a zone with 19m @2.00 g/t Au)

Konsjko – Smrdliva Voda:Sb-As-Tl +-Au zone Visiblerealgar / orpiment instructural zone

Konjsko

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Prospecting LicensesCurrently evaluating two prospecting licenses:

1. ProspectArea East, and

2. Prospecting Area Southeast

Initial first pass BLEG sampling followed up with more detailed work in 2017 on anomalous areasSelect 120 km^2 exploration licenses in Q3 2017

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