PROJECTS
Kokkus Gold Project

The Kokus Project is held by the Company through its subsidiary, SMG-Gold B.V., which is a private company incorporated under the laws of the Netherlands with sole ownership of Altyn Kokus LLP, a Kazakhstan limited liability partnership organized and existing under the laws of Kazakhstan holding a Subsoil Resources Use Contract No 2068 for land rights and underground mineral rights to the Kokus Project, a gold and copper deposit in Kazakhstan.

The Kokus Project is a gold deposit located in the Karaganda Orblast about 400 km form the regional mining center of Karaganda. It is secured by a Subsoil Resource Contract under Kazakhstan law covering approximately 16 square kilometers.

Kokkus – ASTER Analysis

Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) data showing Sericite Alteration

Current mapping has identified intensely folded very altered banded shale & chert with a possible mylonitic structural controls  on Au mineralization

The folds show internal tight isoclinal folds within a larger fold structure The Au mineralization is contained in silicified banded shales & chert layers with qtz + py veins along the banding

Potential width 50-150m, and combined length 8km. The mineralization mapped corresponds directly with ASTER alteration anomalies


Analysis using SWIR spectrometer and hand held XRF machines by the Uni of St Andrews on some Kokkus core, (2 samples) with significant Au values, confirmed that the main alteration associated with Au mineralization was strong silica and illite alteration, exactly what was seen on the ASTER images

Kokkus – Geological Map

Kokkus– 2018 Drilling Results
  • Verification and exploration holes allowed SMG to convert the Kokkus resource to 5.1 Mt at 1.3 g/t Au for 197 k oz contained Au @ 0.3g/t COG
  • Gravity test work using a Knellson Concentrator, indicates 70%  Au recovery from the oxide zone and 47% recovery from the sulphide zone
  • This 188,000 oz Au resource represents only 5% of the overall length of mineralization

KOKKUS PROJECT
Drilling Results Summary

Hole From To Thickness (m) Au g/t*
Criteria: >3m thick >0.3g/t and max 2m internal waste. *Included intervals > 3m Thickness and average >0.5g/t Au
KK_18_DD_006 12,00 30,00 18,00 1,18
KK_18_DD_006 65,20 73,00 7,80 1,24
KK_18_DD_006 76,00 110,00 34,00 0,66
KK_18_DD_006 139,00 143,00 4,00 0,90
KK_18_DD_006 160,00 164,00 4,00 0,70
KK_18_DD_006 172,00 177,00 5,00 0,64
KK_18_DD_005 23,00 107,10 84,10 2,26
*Includes 47,00 60,00 13,00 7,16
KK_18_RC_004 58,00 80,00 22,00 0,49
KK_18_DD_008 126,00 132,00 6,00 2,01
KK_18_DD_008 142,00 147,00 5,00 0,85
KK_18_DD_008 152,00 162,00 10,00 1,24
Hole From To Thickness (m) Au g/t*
Criteria: >3m thick >0.3g/t and max 2m internal waste. *Included intervals > 3m Thickness and average >0.5g/t Au
KK_18_DD_006 12,00 30,00 18,00 1,18
KK_18_DD_006 65,20 73,00 7,80 1,24
KK_18_DD_006 76,00 110,00 34,00 0,66
KK_18_DD_006 139,00 143,00 4,00 0,90
KK_18_DD_006 160,00 164,00 4,00 0,70
KK_18_DD_006 172,00 177,00 5,00 0,64
KK_18_DD_005 23,00 107,10 84,10 2,26
*Includes 47,00 60,00 13,00 7,16
KK_18_RC_004 58,00 80,00 22,00 0,49
KK_18_DD_008 126,00 132,00 6,00 2,01
KK_18_DD_008 142,00 147,00 5,00 0,85
KK_18_DD_008 152,00 162,00 10,00 1,24