Hayden Hill - Four Nines Gold Inc. (FNAU.CN)

Amax Gold Inc., a subsidiary Amax Inc., bulk mined Hayden based on a shallow, disseminated mineralization model.
Historic drilling was limited in scope and depth: 742 holes (327,514 ft), avg. only 441 ft (<150m).
Approximately 480,000 ozs of gold and 1.3 million ozs of silver were recovered.
Amax Inc. merged with Cyprus in the mid-1990’s which led to the shutdown of Hayden’s operations to focus on copper and molybdenum projects.
Kinross acquired Amax Gold in 1997 focusing on three properties, two to develop and one to mine. Kinross did not explore Hayden.

Hayden has not been drill-explored for 27 years.
During this period, exploration techniques and understanding of the Low Sulfidation deposit model have significantly evolved.
The Four Nines geological team, through 3D modelling of all available data, has determined that Hayden gold mineralization is structurally controlled.
The core of Hayden Hill property is comprised of private lands.

Four Nines has created a comprehensive 3d modelling of all available data sets for Hayden Hill:

Grade shells for historically mined mineralization generated
Shells envelope > 75% of mineralized drill intervals and surface samples
Mapped epithermal banded veins (green color in subsequent slides) and hydrothermal breccia bodies are present in the core of most of the modeled zones – strong structural control
Data-indicated mineralization present beneath the current pits
Geologically-indicated extensions to mineralization also modeled (blue shape)

Opportunity: Our expert geological team has applied an advanced understanding of Hayden Hill geology, and the low sulfidation deposit model, to identify significant potential of undeveloped gold and silver mineralization.
Objective: Drill to confirm a data-driven understanding of significant mineralization below and peripheral to the current pits and revive a past-producing gold and silver mine.
Approval: 10 sites at < 10 acres total new disturbance for up to 25,000 feet of PQ core.
Drillhole Plan: Target potential high-grade feeder zones identified by integrating surface mapping and sampling results with modelled historical drill data.
Environmental Considerations: Maximize current infrastructure and minimize new disturbances.

High quality target
Multiple historical exploration holes indicate strong targets beneath the current pit
Proposed drill hole indicated in green
Open to depth

Highest surface gold grade 45.4 g/t
Numerous high-grade values from surface samples
The Nose Zone can be drill-explored, at depth, from a location at the bottom of the Lookout Pit
Historical exploration mineralized intervals correlate well to the modeled vein surfaces
Main NE trending vein set intersected by NW trending veins
Historical exploration mineralized intervals correlate well to the modeled vein surfaces
Hydrothermal breccia bodies (blue) along, and at intersection of veins
Numerous high-grade values from surface samples
Permitted drill site to explore at depth

Highest gold value for the Providence Zone is 37.9 g/t
Hayden Hill historical underground production was from the Golden Eagle veins (i.e., 4 – 7 meters wide with gold grades up to 30 g/t)
One (1) drill station to explore the intersection of the Providence and Golden Eagle zones
Permitted drill site to explore at depth

Maps & Figures

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