The NIV Property spans more than 12,500 hectares across two claim blocks—NIV (1,048 ha) and West NIV (11,500 ha)—located approximately 32 km south of Centerra Gold’s Kemess mine complex. Although documented exploration dates back to the 1960s, little work was done prior to staking in 2010. Since that time, modern geochemical and geophysical techniques have only been applied sporadically, although more recent work, mainly between 2016 and 2024, revealed anomalous geochemical and geophysical characteristics that aligned with altered and locally mineralized stratified rocks and porphyritic intrusions along the 5 km length of the NIV block. The strongly anomalous soil geochemistry, with copper commonly >300 ppm, gold commonly >200 ppb, and molybdenum commonly >12 ppm, coincides with elevated Induced Polarization (IP) chargeability and resistivity to depth (approximately 400 m), along with local magnetic highs that reside within a broad property-scale magnetic low.
