Technical Reports

Endeavor Mine Restart Study (MRS) which demonstrates strong technical and robust economic support to recommence Silver, Zinc and Lead concentrate production at the Mine.

Como Engineers completed a valuation of the 1.2MTPA Endeavor Mine which includes a vertical haulage system, process plant and supporting infrastructure.

Polymetals commissioned Aspect Property Consultants Western to assesses the current market value of the residential properties in Cobar NSW.

Polymetals commissioned Advisory Partner Connect Pty Ltd (Advisory Partner) to prepare an Independent Experts Report on the Proposed Transaction of the Endeavor Mine. In Advisory Partner’s opinion, the Proposed Transaction is deemed Fair and Reasonable.

Independent consultants, Groundwork Plus Pty Ltd (Groundwork) completed a JORC Code (2012) compliant Mineral Resource Estimate for the Endeavor Project. The Groundwork report entitled “Endeavor Mine (Elura Pb-Zn-Ag Deposit) Resource Estimate Report – February 2023” draws on a total of 2,459 holes totaling 389,697m of drilling.

Polymetals Resources Limited (Polymetals or the Company) commissioned Rutherford Mineral Resource Consultants (RMRC) to prepare an Independent Geologist’s Report (IGR or the Report) on two mineral exploration licences, located in Guinea, West Africa, which form the core assets of Polymetals. Polymetals acquired the licences by purchase of the holder company Golden Guinea Resources SARL (GGR) a wholly owned subsidiary of Craton Resources Limited (Craton). The tenements are located within the Siguiri Basin in the north eastern portion of Guinea in West Africa.