Anglo / Zeke

The Anglo/Zeke claims cover more than 7,500 hectares of exploration land owned by Nevada Gold Mines, east and southeast of the Goldrush deposit along the Battle Mountain-Eureka trend. Barrick has previously stated the Goldrush deposit is a large Carlin-type gold development project with commercial production projected for 2026, aimed at progressing towards a steady-state production of more than 400 koz of gold per annum. Goldrush’s end of 2022 Probable Reserve estimate is 8 Moz at 7.27 g/t gold with a Measured and Indicated Resource estimate of 9.9 Moz at 6.49 g/t gold and 4.5 Moz at 5.9 g/t gold in Inferred Resources.

Barrick previously has disclosed that mineralization at Goldrush is open and has identified a mineral potential area known as Goldrush South on the Anglo/Zeke claims. Nevada Gold Mines received the Record of Decision on Goldrush in 2023 and expects to ramp up production to 400 koz in the up- coming years. Metalla holds a 0.5% GOR royalty on the Anglo-Zeke claims and a 3.0% NSR on the Pine Valley claim block.