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Harricana Gold Project Overview

Kiboko’s Harricana Gold Project consists of 234 contiguous mineral claims covering more than 100 sq-km of prospective Abitibi terrain and is strategically located 55 km north of Val-d’Or, 85 km east of Rouyn-Noranda, and 15 km northeast of Amos.

 

The Abitibi is a premier jurisdiction recognized for mining investment based upon its mineral potential, favourable geopolitical environment, historical and current mining, and ongoing exploration success.

Based upon a new structural interpretation and Kiboko's geospatial dataset, Kiboko drilled 11,269 metres of drilling over 70 holes for which final assay results were received near the end of the second quarter of 2023.

 

The Phase 1 program is intended to verify a significant portion of the 79,565 m of historical Fontana area drilling, characterize gold mineralization in the wall rock surrounding the main vein systems, and partially validate the Fontana area Exploration Targets. Details regarding the Harricana Exploration Targets and the recommended exploration programs to validate them are presented in the Harricana Technical Report

Kiboko believes that the areas targeted in the Phase 1 exploration program have the potential to support a near-surface, pit-constrained mineral resource.

 

The Company is targeting the reporting of a maiden mineral resource for a portion of the Fontana area by the end of the third quarter of 2023.

The Fontana area is located near the centre of the Harricana Project. While there are many prospective zones within the Fontana area, Kiboko's has drilled the Marcotte, Hooper-Bunkhouse ("HB"), Lot 14, and Claverny zones.