Early stage gold exploration project with first mover advantage exploring the Southern Otago Schist Belt for Macraes-style deposits.

INVESTMENT HIGHLIGHTS

• Exploring for shear zone hosted gold deposits similar to the the Macraes Gold Mine (>10Moz Au) located ~60km to the NE within the mineralised Hyde-Macraes Shear Zone (“HMSZ”)
• Targets are based on recent research which has identified a geological ‘mirror image’ in the SW of the Otago Schist belt to that present in the NE of the schist belt which hosts the Macraes mine
• NZ’s largest alluvial gold deposit, Gabriels Gully (>0.5Moz Au) lies ~10km south of NAE’s permits. The source of this gold never identified
• Very limited modern exploration in the area