VIVIEN GOLD PROJECT

Vivien gold Project

Vivien has produced 370koz @ 5.5g/t Au since the early 1900s, including 1.5Mt at 5.68g/t Au for 260koz by Ramelius Resources Ltd between 2014-2023. The focus of the previous owners was limited to following the Vivien main and Vivien east lodes. Significant upside exists in footwall and hanging wall positions to Vivien Main as well as near surface along favourable structural positions on the Lawlers Anticline (also host to GoldFields’ Agnew Mine which has produced 4.68Moz at 5.6g/t since 2002)

The mine is 14km west of Leinster and 6km from Agnew Mine. The position on the Wiluna Sandstone Highway allows Labyrinth to leverage off existing infrastructure in the region with five separate gold processing mills within 100km of Vivien.

Unmined drilling intercepts (reported as downhole length) from the Vivien main lode include:

  • 5.4m @ 12.6g/t Au from 120.6m in VVDD149A
  • 22m @ 6.7 g/t Au from 101m in 7VVRC31
  • 10.9m @ 27.8g/t Au from 105m in VVDD31
  • 15.1m @ 8.9 g/t Au from 100.9m in VVDD162
  • 11m @ 7.8 g/t Au from 0m in VVSL064
  • 10.5m @ 9 g/t Au from 298.5m in 7VVDD12
  • 17.1m @ 53 g/t Au from 0m in VVSL542

Geology

The Project is located in the Norseman–Wiluna greenstone belt within the Kalgoorlie Terrane of the Eastern Goldfields Superterrane of the Yilgarn Craton. The Vivien gold deposit is located on the eastern flank of the Lawler’s Anticline. The stratigraphy is similar to the Agnew area with lower basalts and komatiitic units unconformably overlain by a sedimentary sequence known as the Vivien Formation/Mount White Group. The Vivien deposit is characterised by a quartz–sulphide vein within a broader anastomosing shear zone. High-grade ore zones are generally sulphide-rich with pyrrhotite and arsenopyrite as the two dominant sulphide species.

Overview of Vivien Project

Comprises five Mining Licences (M36/111, M36/292, M36/34, M36/61 and M36/64) and one Prospecting Licence (P36/1890)

Compelling gold exploration opportunity exists with numerous high priority drill targets based on historical gold intercepts that were not prioritised by previous operators.

Vivien provides Labyrinth an excellent near-term opportunity to build a meaningful gold mineral resource.

Vivien Gem

High grade prospect from surface with attractive geometry

4.5km strike of under explored mineralised structures

Multiple mineralised structures provides multiple opportunities

Gem and other regional prospects have significant historical drill intercepts

  • 6m @ 6.7 g/t Au from 24m in EMSC4444
  • 15m @ 4 g/t Au from 145m in EMSC4382
  • 8m @ 8.1 g/t Au from 176m in VVRC1017
  • 0.7m @ 110 g/t Au from 291m in EMSD847
  • 1.5m @ 20.6 g/t Au from 215.7m in EMSD891
  • 11m @ 7 g/t Au from 177m in EMSC4440
  • 4m @ 5 g/t Au from 36m in EMAC6138 (regional)
  • 4m @ 4.3 g/t Au from 26m in MZAC3262 (regional)
  • 7m @ 11 g/t Au from 22m in EMSC4387 (regional)