Resource World Magazine

D E C E M B E R / J A N U A R Y 2 0 1 8 www.resourceworld.com 65 MINING FOUR NINES GOLD INC. [FNAU-CSE], which became publicly-trading following its IPO in August 2017, recently received assays from its mechanized excavation of trenches in the Phase I exploration program on the Mariposa property, located in the White Gold district of the Yukon. The company can earn a 70% interest in the property from Pacific Ridge Exploration Ltd. [PEX-TSXV; PEXZF-OTC]. The 270 km 2 Mariposa property is located approximately 44 km northeast of the Goldcorp's Coffee Mine development project and 120 km southeast of Dawson City. Based on rec- ommendations outlined in a NI 43-101 technical report, the $250,000 program completed 583.5 lineal-metres of saw-cut channel samples, resulting in 375 samples. A total of 15 trenches were completed over the follow- ing target areas: Hackly (trenches 4 to 7); Skookum Main (trenches 1 to 5 and 8 to 12); and Skookum West (trenches 13 to 15). The focus of the trenching was to establish, through larger and deeper bedrock exposure, controls on mineraliza- tion (structure and alteration) and trends of mineralization on strike between the zones exposed in trenches in conjunction with intersections in the previous drilling. The gold-bearing, structurally-controlled targets remain open in all directions, and Four Nines has refined the overall geological setting in planning for a 2018 drill program. Several access trails were also established in the area and road improvements were completed on the property that will facilitate future work. The results yielded elevated gold assays to a maximum of 1.68 g/t gold over 4.5 metres and 0.88 g/t gold over 10.5 metres. Other assays included 0.47 g/t gold over 25.4 metres and 1.61 g/t gold over 4.5 metres. "The detailed trenching results and exposures have allowed a clearer interpretation of the geological setting. The orienta- tion and the mineralized horizons were exposed as projected and these results provide a solid basis on which to design a focused drill program," said Jim Mustard, President and CEO of Four Nines Gold. Various access trails were also established and road improvements completed to facilitate future work that will reduce or eliminate helicopter support. The deposit type for mineralization at the Mariposa prop- erty is the orogenic vein type, typical of gold mineralization occurring within the White Gold district. The Mariposa property hosts a number of gold targets, including Skookum Main, Skookum West, Maisy May, Gertie, Big Alex and Lou Linear. A total of 43 diamond drill holes in 2010 and 2011 focused largely on Skookum Main and Skookum West, with best results of 1.51 g/t gold over 81.5 metres, including 2.44 g/t gold over 39 metres. This hole was, in part, drilled down dip on what is now believed to be a northeasterly controlling structure. A trenching program, conducted by Four Nines in 2016, at the Skookum West and Hackly target areas returned values of 0.42 g/t gold over 55 metres at Hackly and 0.6 g/t gold over 20 metres, including 1.64 g/t gold over 5 metres at Skookum West. Mustard said, "The Mariposa Project has several gold tar- gets, but the focus of previous drilling was largely confined to only two of them. While subsequent studies have better defined the controls on mineralization, follow-up field explo- ration work over the past several years was limited due to funding constraints. We now have the benefit of a number of those studies that provide a clearer guide to discovery. As well, a significant improvement in access is anticipated once the Coffee gold mine development road is completed. This access road, as currently planned, will pass within an esti- mated 15 km of the property's western boundary." n Four Nines Gold trenches 1.68 g/t gold over 4.5 metres by Ellsworth Dickson Trenching operations on the Mariposa property in the White Gold district of the Yukon Territory. Photo courtesy Four Nines Gold Inc.

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