The Ebino Project is located within the Hokusatsu district of the Southern Kyushu Epithermal Gold Province. The district contains Sumitomo Metal Mining Co., Ltd.'s, Hishikari Mine and three major historic gold mines, Kushikino, Yamagano and Ohkuchi. The Hishikari Mine, 9 million ounces of gold (8.6 Moz Au past production 1985-2024, 4.98 Moz Au reserves), is a concealed orebody discovered in 1981. Hishikari is one of the world's highest-grade gold mines and currently Japan's only active large-scale producing gold mine (Source: Sumitomo Metal Mining Co., LTD. Integrated Report, 2nd August 2024).

Ebino is located approximately 10km north of the Hishikari Mine and approximately 8km east of the historic Ohkuchi Mine. Historic exploration completed mainly by the Metal Mining Agency of Japan confirmed the presence of three distinct alteration areas - Otsuka, Kuwanoki-zuru (“KZ”) and Masaki (refer to Figure 1). Limited historic drilling has been undertaken within the alteration zones.