<div style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 14px; text-size-adjust: auto;"><div style="margin: 0px;"><span style="font-family: "Helvetica Neue"; font-size: 13px;">$KGC<span class="Apple-converted-space"> </span></span><b style="font-family: "Helvetica Neue"; font-size: 13px;">Kinross Gold completes Great Bear PEA</b></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 16px;"><br /><b></b></div></div><div style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 14px; text-size-adjust: auto;"><b style="font-family: "Helvetica Neue"; font-size: 13px;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgc9TS1UCyxJPAaQQ8TPq-HrdjiimH8oSM-dbvVidlsGUushrE-ILkuSS8lX0B5bwdkzfQcuJsZ4JBbLecAuXKSMMPmv4xboe7lbXqVPw3Exu0rBSjjRGKF7qUsqm3qhGebLWxBjpT-29mML_FH6Yxr3zANUnU2E8bjEXxHCwu8CtmxZotoUxAWNVAnhi4/s573/GREAT%20BEAR%20PEA.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="481" data-original-width="573" height="538" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgc9TS1UCyxJPAaQQ8TPq-HrdjiimH8oSM-dbvVidlsGUushrE-ILkuSS8lX0B5bwdkzfQcuJsZ4JBbLecAuXKSMMPmv4xboe7lbXqVPw3Exu0rBSjjRGKF7qUsqm3qhGebLWxBjpT-29mML_FH6Yxr3zANUnU2E8bjEXxHCwu8CtmxZotoUxAWNVAnhi4/w640-h538/GREAT%20BEAR%20PEA.jpeg" width="640" /></a></div><br />Some really spectacular numbers</b></div><div style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 14px; text-size-adjust: auto;"><ul><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Annual production +500,000 oz.</b></span></li><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Low Costs</b>: <b>Impressive margins with AISC of ~$800/oz, <i>even with a 6.7 strip ratio in the O/P</i></b></span></li><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Drilling beyond PEA inventory shows high-grade mineralization at depth</b></span></li></ul><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA7lzaARK_eLgSfshDipXZvrMripEbKrUNKOGfK6ua2W1loz3Pygq_FyE8kBLg65AL2qXYl-ZqE309HB8C7cRcPthKLcA8w-EZslpN_GUBBFZDBxtvphZsRtbtrDiyKX7xnnMmjnWN65RXvR0eGSLKqleU1GQg0M5ZSPp9yLa7Yj0PNJU6wvJss5MA-1Y/s640/GREAT%20BEAR%20PROD.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="156" data-original-width="640" height="156" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA7lzaARK_eLgSfshDipXZvrMripEbKrUNKOGfK6ua2W1loz3Pygq_FyE8kBLg65AL2qXYl-ZqE309HB8C7cRcPthKLcA8w-EZslpN_GUBBFZDBxtvphZsRtbtrDiyKX7xnnMmjnWN65RXvR0eGSLKqleU1GQg0M5ZSPp9yLa7Yj0PNJU6wvJss5MA-1Y/w640-h156/GREAT%20BEAR%20PROD.jpeg" width="640" /></a></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Initial Mine Plan:</b></span></div><ul><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Concurrent Mining</b>: The <b>plan includes both open pit and underground mining for the first 8 years, </b>followed by underground mining and stockpile processing from years 8 to 12. This approach <b>offers production flexibility and allows for ongoing u/g exploration</b>.</span></li></ul><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQtSloOgQ1Ss9KAlt6hVBXAqsZvZQiuOmooHqU2mYvlI0gTx11X2ZE5bC63FZgHLrCJ21ekrc68bVJtM4N3y8Vqaem_5m8-i5pqjfB4jnhhl5cKQtLcpihyBTRHRoHQXqiA0Cmf0EfLOIb5H-tsgZli89AoxXCWc3Wr1UC51RnPgACOzG9j0eoOUirsUM/s640/GREAT%20BEAR%20OP.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="349" data-original-width="640" height="350" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQtSloOgQ1Ss9KAlt6hVBXAqsZvZQiuOmooHqU2mYvlI0gTx11X2ZE5bC63FZgHLrCJ21ekrc68bVJtM4N3y8Vqaem_5m8-i5pqjfB4jnhhl5cKQtLcpihyBTRHRoHQXqiA0Cmf0EfLOIb5H-tsgZli89AoxXCWc3Wr1UC51RnPgACOzG9j0eoOUirsUM/w640-h350/GREAT%20BEAR%20OP.jpeg" width="640" /></a></div><br />Open-pit Mining Plan</div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6sZE5WtGo4g0dM_TbFniIXI0PA3HP55NtNCM8wx2A9nAvJHvL2qz7LoIKWPOxK3piNjn0qw15MJAEyVuFsRaTdwTyhLheYNzWYZcD5Vnp3_O_yVIyETsprqgvg7vzUqSGwxrfuO1I_y0vC-_GXbXBAAszjR8QkduBxhK2QCuEzBCgdldsLq954J8768M/s640/GREAT%20BEAR%20UG.jpeg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="322" data-original-width="640" height="322" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6sZE5WtGo4g0dM_TbFniIXI0PA3HP55NtNCM8wx2A9nAvJHvL2qz7LoIKWPOxK3piNjn0qw15MJAEyVuFsRaTdwTyhLheYNzWYZcD5Vnp3_O_yVIyETsprqgvg7vzUqSGwxrfuO1I_y0vC-_GXbXBAAszjR8QkduBxhK2QCuEzBCgdldsLq954J8768M/w640-h322/GREAT%20BEAR%20UG.jpeg" width="640" /></a></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;">U/G Mining Plan</div><ul><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Resource Expansion</b>: Ongoing deep drilling indicates <b>significant potential for expanding the resource and extending the mine's life, with multiple wide, high-grade intercepts found beyond the current resource</b>.</span></li></ul><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Current Resources:</b></span></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b><br /></b></span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSGjtfTqqQox4ZdMN-xTMOJKspTwwOEdk-jebI7hVhyphenhyphenpCTlkmpo-Q1ymNIIY4v-9EnxTBolJgvfG_grxaB8bOYgp6cXlZf6We46qgf9R9wwJrLUF_UktNaE3xSpzrIMKB5aFUyXrmT3kFgAFxEamO4A1LLDH1zKAf88Lb8BAC3DK924CO24vv1PL5x5-0/s798/GREAT%20BEAR%20MRE.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="257" data-original-width="798" height="206" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgSGjtfTqqQox4ZdMN-xTMOJKspTwwOEdk-jebI7hVhyphenhyphenpCTlkmpo-Q1ymNIIY4v-9EnxTBolJgvfG_grxaB8bOYgp6cXlZf6We46qgf9R9wwJrLUF_UktNaE3xSpzrIMKB5aFUyXrmT3kFgAFxEamO4A1LLDH1zKAf88Lb8BAC3DK924CO24vv1PL5x5-0/w640-h206/GREAT%20BEAR%20MRE.png" width="640" /></a></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><i>Mineral resources have been calculated at a </i><b><i>gold price of $1,700 and the open pit reflects a $1,400 pit shell</i></b><i>. The </i><b><i>open pit cutoff grade is 0.55 g/t and the underground cut off grade of is 2.3 g/t for the main LP zone</i></b><i>. The $1,400 pit shell has been chosen as this represents the optimal trade-off point at which underground extraction below the pit shows higher potential margins then deepening the open pit.</i></span></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><i></i><br /></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b><i>Exploration Success Continues:</i></b></span></div><ul><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Extensive Drilling</b>: Kinross has <b>completed over 420 kilometers of drilling</b></span></li></ul><ul><li style="margin: 0px;"><span style="font-family: Menlo; font-size: 9px; font-stretch: normal; line-height: normal;"></span><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;"><b>Deep Drilling</b>: Drilling up to 1,600 meters deep has shown <b>continued high-grade mineralization well below the current PEA inventory</b>, underscoring the asset's potential and Kinross’s view that <b>high-grade mineralization extends at depth, suggesting future resource growth</b>.</span></li></ul><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1x3GRWkXYpUlT-mwaxgomuSTliXUCEtovPWDZAvZOPRABr98AuNHHIMATL8_NchkHg08UvD6v-QhL4VjxGRaWJR8gUDI44KrQ6xRS1gVKd6LytZYx0Fsk4Ac99oNu6AyAVk1dzcyo1yAL_PSd1OhWVdLAkHA6N3sshMy94oAa5EqVpBet9jeM0PIXkzc/s2968/great%20bear%20KGC%20figure-5-resource-growth.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1347" data-original-width="2968" height="290" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1x3GRWkXYpUlT-mwaxgomuSTliXUCEtovPWDZAvZOPRABr98AuNHHIMATL8_NchkHg08UvD6v-QhL4VjxGRaWJR8gUDI44KrQ6xRS1gVKd6LytZYx0Fsk4Ac99oNu6AyAVk1dzcyo1yAL_PSd1OhWVdLAkHA6N3sshMy94oAa5EqVpBet9jeM0PIXkzc/w640-h290/great%20bear%20KGC%20figure-5-resource-growth.jpg" width="640" /></a></div><br /><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;">See the full news release here:</span></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;">Kinross Gold completes Great Bear Preliminary Economic Assessment <a href="https://www.juniorminingnetwork.com/junior-miner-news/press-releases/879-tsx/k/166841-kinross-completes-great-bear-preliminary-economic-assessment.html">https://www.juniorminingnetwork.com/junior-miner-news/press-releases/879-tsx/k/166841-kinross-completes-great-bear-preliminary-economic-assessment.html</a></span></div><div style="font-family: "Helvetica Neue"; font-size: 13px; font-stretch: normal; line-height: normal; margin: 0px; min-height: 15px;"><br /></div><div style="margin: 0px;"><span style="font-family: Helvetica Neue; font-size: 13px; font-stretch: normal; line-height: normal;">The full PEA is here: <a href="https://s2.q4cdn.com/496390694/files/doc_downloads/2024/09/Great_bear/Kinross-Great-Bear-PEA-TR-REVISED-FINAL-Sep-9-2024.pdf">https://s2.q4cdn.com/496390694/files/doc_downloads/2024/09/Great_bear/Kinross-Great-Bear-PEA-TR-REVISED-FINAL-Sep-9-2024.pdf</a></span></div></div><br style="caret-color: rgb(0, 0, 0); font-family: Helvetica; font-size: 14px; text-size-adjust: auto;" /><div style="caret-color: rgb(0, 0, 0); font-family: Helvetica; text-size-adjust: auto;"><span style="font-size: x-small;">____________________________________________________</span></div><p><a href="https://mastermetalsblog.blogspot.com/"><span style="font-size: x-small;">MasterMetals</span></a></p>
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