The Gold Rock property is located approximately 30 miles from the town of Eureka in White Pine County, Nevada. It is situated 8 miles southeast of Fiore Gold's operating Pan mine but is largely being considered as a standalone development. Further evaluation is needed to assess the potential of further infrastructure sharing with the Pan operation. Mining at Gold Rock is expected to consist of three open pits, the largest being the North Pit which will provide the bulk of throughput. Fiore Gold released a PEA in April 2020 which forms the basis of the accompanying analysis. The project is expected to average annual gold production of 56koz, at an initial capital cost of $64.6 million.