1...FS are peers are all orogenics
2..With one exception, FS are of open pits
3..Calibration Parameter is Measured, + Indicated + Inferred Ounces per meter of mine depth
4. Estimated QWN ounces were predicted to 400 m of depth which was the drilled depth on which the Seismics was based
5..Adjusted QWN ounces are simply the raw estimates ( F ) adjusted for the ratio of QWN average grades from the 2024 TR ( F = E X 11/ B )
6, Weighted average QWN ounces within the top drilled 400 m is 41 million ounces
7 Unweighted iaverage s 50 million ounces within 400 meters of surface
8. Recent Deep driling has extended the aureferious depth of QWN to 800 meters
9. Orogenics have variable grades at depth but usually depth is not a significant driver of grade
10.IMO, given that QWN has drill defined only a very small proportion of its extended strike and dip , these estimates have a consevative tint .
GLTA
| Mine | Gold Resources M ounces | Average Grade gms /ton | mine depth ( m ) | Ounces Per Meter of depth | Estimated QWN M. ounces to 400 m | QWN to 400 m Grade adjusted m. ounces |
| | A | B | C | D= A/ C | E= D X 400 m | F = E X 11 / B |
| Valentine Lake | 5.1 | 1.8 | 225 | 22800 | 9.1 | 56 |
| Goldboro | 3.1 | 3.9 | 175 | 17700 | 7.1 | 20 |
| Lynne | 2.8 | 1.5 | 250 | 11200 | 4.5 | 33 |
| Mt Todd | 9.4 | 0.8 | 880 | 10700 | 4.3 | 59 |
| Hemi | 8.5 | 1.2 | 390 | 21800 | 8.7 | 80 |
| QWN to 400 m Mean ( m ounces ) | | 1.8 | | 16850 | 6.7 | 41 |