Gold Mine

Our goldmine is located in Tawau, Sabah State, Malaysia. We have a total mining area of 317.7 hectares with leasehold period ending 30 September 2048.

Our deposit is an epithermal vein style gold deposit with associated copper and silver mineralisation hosted in altered andesite rocks.

Our initial exploration exercise with 39 diamond drill holes were completed in 2015 on an area measuring approximately 28 hectares within Bukit Mantri. The highest point of Bukit Mantri is 595 metres above sea level. The average drill holes depth are 200 metres below the natural surface of Bukit Mantri.

The Independent Competent Persons Report prepared by Optiro Pty Ltd (Australia) under Australasian Joint Ore Reserves Committee (“JORC”) 2012 Standard reported the following resources:

Bukit Mantri August 2015 Mineral Resource Estimate gold (Au) (reported using a 0.35 g/t Au cut-off grade)

 CategoryTonnes (Mt)Grade (g/t Au)Ounces (Oz Au)
Tonnes Au (Tonnes)
 Indicated Mineral   Resource1.692.72148,0004.6 
 Inferred Mineral   Resource1.011.8460,0001.9 

Bukit Mantri August 2015 Mineral Resource Estimate silver (Ag) and copper (Cu) (reported using a 0.35g/t Au cut-off grade)

 CategoryTonnes (Mt)Grade (g/t Ag)Ounces (Oz Ag)Tonnes Ag (Tonnes)Grade (Cu%)
Tonnes Cu (Tonnes)
 Indicated   Mineral   Resource1.698.28450,00014.00.244,000 
 Inferred   Mineral   Resource1.016.39208,0006.50.272,800 

Bukit Mantri 3D Geological model of alteration with March 2015 mineralisation wireframes (red)

Plan view of drillholes, gold mineralisation wireframes (red) and access roads for reference

We commenced developing the mine in early 2017 and started to produce our first ounce of gold in August 2018. Since then, we never looked back and continued to expand our production capacity.

We have constructed a state of the art 1,200 ton/day Carbon-In-Leach (“CIL”) plant on site with zero liquid discharge using advanced tailing filtering system (“Filter Press”).

From the initial 10 trucks and 4 excavators, we now have 36 trucks, 15 excavators, 2 grade control drill rigs, 4 sampling & blasting drill rigs, 6 tractors, 4 loaders, 2 compactors, 2 graders and a fully equipped laboratory

For the social welfare of our staff force, we have built a church and a mosque within the campsite.