Overview
The Greater Dark Horse prospect (approximately 20 km2) is located in the northern portion of the Khundii mining and Ulaan exploration licenses held by EM. To date, the Company has completed 30,503 metres of drilling in 301 holes ranging in vertical depths from 8 to 318 metres within the Greater Dark Horse prospect.
Most of the drilling has been focused on the Dark Horse Mane area, discovered in early 2021 and located two kilometres north of the Bayan Khundii deposit. Dark Horse Mane was discovered when initial drilling returned 6.0 g/t gold over 45 metres, beginning 10 metres downhole, including 8 metres of 27.1 g/t gold (AAD-58). Drilling has since defined a 1.5-kilometre trend of alteration and gold mineralization within the Dark Horse Mane that remains open along strike to the north and south, and at depth.
The Dark Horse Mane shallow oxide zone begins at surface, hosting supergene enriched gold zones with values up to 195 g/t over 1 metre and ranging in thickness from 20 to 60 metres vertical depth with locally deeper oxidation along fractures. The high-grade oxide body exhibits strong continuity along a north-south strike. Mineralization remains open along strike and at depth with the Dark Horse Mane Reserve estimate located at the south end of the mineralized structure.