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REG - Anglo Asian Mining - Significant copper resource confirmed at Xarxar

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RNS Number : 8231A  Anglo Asian Mining PLC  25 January 2024

25 January 2024

 

Anglo Asian Mining PLC

Significant copper resource confirmed at Xarxar

 

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold,
copper and silver producer focused in Azerbaijan, is pleased to announce that
drill results confirm a significant quantity of copper mineralisation at
Xarxar. The drill results will form part of a forthcoming JORC mineral
resource estimate for the Xarxar deposit.

 

In July 2022, an extensive geological exploration programme commenced at the
Xarxar deposit, targeting the central copper mineralisation zone. Surface
drill holes intercepted significant high-grade and continuous grades of copper
mineralisation, with intercepts of continuous copper for up to 380 metres.

 

A Joint Ore Reserves Committee ("JORC") Mineral Resource Estimate ("MRE") is
being prepared for the Xarxar deposit and will be published by the end of
March 2024. A site visit by the Company's independent geological consultants,
Mining Plus UK, was completed in September 2023 as part of the JORC due
diligence process.

 

Following the publication of the MRE, further infill and extension drilling
will be planned, along with a metallurgical testwork programme and
geometallurgical modelling. A mining trade-off study including a mine design
and a production plan will also be prepared.

 

Stephen Westhead, Vice-President of Anglo Asian, commented:

"We are delighted to announce the findings of our recent drilling campaign at
Xarxar, confirming internal estimates regarding the presence of significant
quantities of copper at the deposit. This reaffirms the potential size of the
mineral deposit that can be brought into production.

"Considerable progress has also been made regarding the development of our
JORC mineral resource estimate, and the long-term development of the asset.
Xarxar represents an important project for the Group and our transition
towards copper, as we pursue our previously disclosed medium-term production
strategy.

"As we complete the next phase of drilling and testwork, we remain
enthusiastic regarding the project's prospects and are in the latter stages of
determining how best to bring the deposit into production, as well as
identifying other nearby exploration opportunities."

 

Figure 1: Map showing location of drill holes.

 

Figure 2: Cross-Section (north-south) showing the drill holes.

 

 

Figure 3:  Cross-Section (east-west) showing the drill holes.

 

Figure 4:  3-D section showing latest drill holes.

 

 

This first phase of drilling has defined the latest extent of the Xarxar
deposit, however, mineralisation remains open at depth. Statistics from the
intercept analysis shows that all drill holes apart from two reverse
circulation drill holes met the intercept criteria (a minimum intercept
thickness of 10 metres, at a 0.1 per cent. copper cut-off with a maximum of 5
metres internal waste), with the results as follows:

 

 Type of drill hole          Number of drill holes  Total length of drill holes  Number of drill holes meeting intercept criteria  Core length included in intercepts

                                                    (metres)                                                                       (metres)
 Surface core                34                     14,275                       34                                                6,617
 Reverse circulation ("RC")  12                     1,370                        10                                                289
 Underground core            6                      1,149                        6                                                 978
 Total                       52                     16,794                       50                                                7,884

 

Further details of the intercepts can be found below in the Appendix - Table
1.

 

Review of historical data and current drilling at Xarxar

Anglo Asian has identified significant mineralisation at the Xarxar deposit by
an in-depth review and verification of data acquired from AzerGold CJSC and
in-house geological field work. This gives confidence that the Xarxar deposit
contains significant copper mineralisation.

 

Historical drilling work statistics on the Xarxar deposit area is tabulated
below:

 

 Phase     Name  Number of drill holes  Total length of drill hole (metres)
 Soviet    KOH   23                                6,749.40
 AIMROC    KBH   1                                    480.20
 AzerGold  KHDH  13                                4,432.55

 

Three of the AzerGold JCSC drill holes (totalling 1,140 metres) had been
sampled and assayed by AzerGold CJSC prior to Anglo Asian acquiring Xarxar.
Geological core logging, sampling and assaying of the remaining drill core has
been conducted by Anglo Asian. Anglo Asian has also reviewed other information
acquired from AzerGold CJSC which included geochemical and geophysical data
together with maps and interpretative reports.

 

A core drilling programme commenced at Xarxar immediately following its
acquisition in July 2022. A portal has been constructed and a 500 metre long,
3.5 metre by 3.5 metre exploration tunnel constructed into the mineralisation
from where underground horizonal drilling was carried out. The exploration
tunnel is also used for providing representative bulk samples for test
processing.

 

The topography of the deposit lends itself towards open pit mining.
Preliminary in-house  work by Azerbaijan International Mining Company
("AIMC") (a wholly-owned subsidiary of Anglo Asian) on open pit designs
indicates that the open pit should eventually finish at a depth of about 200
metres. AIMC is also considering processing methods including conventional
flotation or bacterial heap leaching with conventional open pit and/or
underground mining. In-situ recovery methods are also being investigated.

 

Selected assay results from new drill holes in the Xarxar deposit are shown in
the Appendix - Table 1

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No
596/2014, which was incorporated into UK law by the European
Union (Withdrawal) Act 2018, until the release of this announcement.

 

For further information please contact:

 

 Anglo Asian Mining plc
 Reza Vaziri, Chief Executive Officer                            Tel: +994 12 596 3350
 Bill Morgan, Chief Financial Officer                            Tel: +994 502 910 400
 Stephen Westhead, Vice President                                Tel: +994 502 916 894

 SP Angel Corporate Finance LLP (Nominated Adviser and Broker)   Tel: +44 (0) 20 3470 0470

 Ewan Leggat

 Adam Cowl

 Hudson Sandler (Financial PR)                                   Tel: +44 (0) 20 7796 4133

 Charlie Jack

 Harry Griffiths

 

About Anglo Asian Mining

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a
high-quality portfolio of production and exploration assets in Azerbaijan.
The Company produced 31,821 gold equivalent ounces ("GEOs") for the year
ended 31 December 2023.

 

On 30 March 2023, the Company published its strategic plan for growth which
shows a clearly defined path for the Company to transition to a multi-asset,
mid-tier copper and gold producer by 2028, by which time copper will be the
principal product of the Company, with forecast production of around 36,000
copper equivalent tonnes. It plans to achieve this growth by bringing into
production four new mines during the period 2024 to 2028 at Zafar, Gilar,
Xarxar and Garadag.

 

The Company owns approximately 13.1 per cent. of Libero Copper & Gold
Corporation ("Libero"). Libero is listed on the TSX Venture
Exchange in Canada and owns Mocoa in Colombia, one of the world's largest
undeveloped copper-molybdenum resources.

 

https://www.angloasianmining.com/ (https://www.angloasianmining.com/)

 

About the Xarxar deposit

The mineralisation footprint determined by AIMC drilling is hosted within a
zone that is over 500 metres in the broadly east-west direction by about 300
metres in the north-south direction. Mineralisation is exposed at surface in
some areas, but the upper contact ranges from 25 metres to 115 metres from the
surface and continues to a depth of over 500 metres.

 

The structural positioning of the mineral-forming process was largely
controlled by a northeast striking fault system, where a 300 times 300 metre
quartz-diorite-porphyry stock is in direct contact with the metasomatite host
rock.

 

The mineralisation is copper-dominant and comprises mainly oxides and
secondary sulphides, with minerals such as malachite, azurite, pyrite,
chalcocite and bornite, together with some primary chalcopyrite as common
minerals in the deposit, and minor barite and magnetite minerals are also
recorded. The main copper mineralisation lenses are located in the central
part of the Xarxar deposit, with approximate east-west orientations. Samples
from the deposit also show specks of native copper visible to the naked eye.

 

About the Xarxar Contract Area

The Xarxar contract area borders the Gedabek contract area to the north, east
and west and the two contract areas are contiguous. Xarxar hosts the Xarxar
deposit and multiple other mineral occurrences. A map of the Xarxar and
Gedabek contract areas is shown in figure 5.

 

Figure 5: Gedabek and Xarxar Contract Area boundaries showing the position of
ongoing projects.

 

 

Competent Person Statement

The information in the announcement that relates to exploration results,
minerals resources and ore reserves is based on information compiled by
Dr Stephen Westhead, who is a full-time employee of Anglo Asian Mining with
the position of Vice-President, who is a Fellow of The Geological Society of
London, a Chartered Geologist, Fellow of the Society of Economic Geologists,
Fellow of the Institute of Materials, Minerals and Mining and a Member of
the Institute of Directors.

 

Stephen Westhead has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the activity
being undertaken to qualify as a Competent Person as defined in the 2012
Edition of the 'Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves'. Stephen Westhead consents to the
inclusion in the announcement of the matters based on his information in the
form and context in which it appears.

 

Stephen Westhead has sufficient experience, relevant to the style of
mineralisation and type of deposit under consideration and to the activity
that he is undertaking, to qualify as a "competent person" as defined by the
AIM rules. Stephen Westhead has reviewed the mineral resources included in
this announcement.

APPENDIX

Table 1: Selected assay results from new drill holes in the Xarxar deposit are
as follows:

 

                     Intercepts                                                           Weighted average grades

 Borehole            Depth                  Depth                  Downhole               Copper
 i.d.                From                   to                     length
 (@ x % Cu cut-off)  Metres                 Metres                 Metres                 Per cent.
 22XDD001                  47.00                  92.00                  45.00                             0.45
 including @ 0.2 Cu        55.00                  63.20                     8.20                           0.83
 including @ 0.4 Cu        55.00                  63.20                     8.20                           0.83
 including @ 0.2 Cu        70.00                  91.00                  21.00                             0.54
 including @ 0.4 Cu        75.00                  85.00                  10.00                             0.82
 22XDD001                  98.85                248.00                 149.15                              0.44
 including @ 0.2 Cu      100.00                 178.80                   78.80                             0.67
 including @ 0.4 Cu      100.00                 164.00                   64.00                             0.78
 including @ 0.2 Cu      188.00                 193.00                      5.00                           0.39
 including @ 0.2 Cu      200.00                 205.00                      5.00                           0.31
 including @ 0.2 Cu      239.40                 247.00                      7.60                           0.33
 22XDD002                163.00                 310.00                 147.00                              0.98
 including @ 0.2 Cu      163.60                 273.30                 109.70                              1.22
 including @ 0.4 Cu      163.60                 263.90                 100.30                              1.31
 including @ 0.2 Cu      284.00                 310.00                   26.00                             0.32
 including @ 0.4 Cu      292.00                 299.00                      7.00                           0.45
 22XDD003                  88.20                299.00                 210.80                              0.52
 including @ 0.2 Cu        88.20                265.00                 176.80                              0.58
 including @ 0.4 Cu        88.20                226.50                 138.30                              0.64
 including @ 0.4 Cu      247.00                 255.00                      8.00                           0.49
 including @ 0.2 Cu      281.70                 293.00                   11.30                             0.27
 22XDD004                     8.70                37.00                  28.30                             0.78
 including @ 0.2 Cu        11.70                  34.20                  22.50                             0.95
 including @ 0.4 Cu        13.65                  34.20                  20.55                             1.01
 22XDD004                  52.00                  97.00                  45.00                             0.54
 including @ 0.2 Cu        67.80                  95.90                  28.10                             0.79
 including @ 0.4 Cu        69.00                  83.75                  14.75                             0.73
 including @ 0.4 Cu        90.00                  95.20                     5.20                           1.89
 22XDD005                112.50                 156.50                   44.00                             0.15
 including @ 0.2 Cu      117.50                 123.00                      5.50                           0.20
 22XDD005                170.00                 361.50                 191.50                              0.43
 including @ 0.2 Cu      191.00                 359.20                 168.20                              0.46
 including @ 0.4 Cu      194.20                 199.80                      5.60                           0.50
 including @ 0.4 Cu      208.80                 213.80                      5.00                           0.59
 including @ 0.4 Cu      224.80                 231.85                      7.05                           0.60
 including @ 0.4 Cu      238.70                 262.00                   23.30                             0.45
 including @ 0.4 Cu      269.00                 345.00                   76.00                             0.57
 22XDD006                104.10                 330.00                 225.90                              0.35
 including @ 0.2 Cu      112.00                 202.00                   90.00                             0.42
 including @ 0.4 Cu      112.00                 170.50                   58.50                             0.48
 including @ 0.4 Cu      177.00                 183.00                      6.00                           0.43
 including @ 0.2 Cu      209.00                 218.90                      9.90                           0.25
 including @ 0.2 Cu      229.00                 330.00                 101.00                              0.36
 including @ 0.4 Cu      234.00                 239.00                      5.00                           0.52
 including @ 0.4 Cu      245.70                 263.00                   17.30                             0.48
 including @ 0.4 Cu      271.00                 279.00                      8.00                           0.45
 including @ 0.4 Cu      312.00                 319.00                      7.00                           0.45
 22XDD007                  60.00                263.00                 203.00                              0.25
 including @ 0.2 Cu        72.00                  77.40                     5.40                           0.27
 including @ 0.2 Cu        83.70                119.00                   35.30                             0.39
 including @ 0.4 Cu        83.70                  99.00                  15.30                             0.58
 including @ 0.2 Cu      130.00                 135.00                      5.00                           0.23
 including @ 0.2 Cu      145.50                 154.50                      9.00                           0.22
 including @ 0.2 Cu      162.50                 213.50                   51.00                             0.35
 including @ 0.4 Cu      188.50                 195.50                      7.00                           0.59
 including @ 0.2 Cu      235.00                 250.00                   15.00                             0.22
 22XDD007                269.00                 283.00                   14.00                             0.13
 22XDD007                306.50                 317.50                   11.00                             0.14
 22XDD008                  54.00                305.00                 251.00                              0.38
 including @ 0.2 Cu        64.00                  95.10                  31.10                             0.38
 including @ 0.4 Cu        68.00                  83.00                  15.00                             0.52
 including @ 0.2 Cu      100.70                 109.00                      8.30                           0.63
 including @ 0.4 Cu      100.70                 108.00                      7.30                           0.68
 including @ 0.2 Cu      115.00                 284.75                 169.75                              0.42
 including @ 0.4 Cu      117.00                 134.00                   17.00                             0.58
 including @ 0.4 Cu      149.00                 206.90                   57.90                             0.46
 including @ 0.4 Cu      231.00                 262.00                   31.00                             0.49
 including @ 0.2 Cu      290.00                 305.00                   15.00                             0.33
 22XDD009                142.70                 153.00                   10.30                             0.12
 22XDD009                275.60                 621.00                 345.40                              0.26
 including @ 0.2 Cu      299.00                 311.50                   12.50                             0.22
 including @ 0.2 Cu      328.50                 333.50                      5.00                           0.21
 including @ 0.2 Cu      345.60                 466.00                 120.40                              0.36
 including @ 0.4 Cu      357.00                 372.00                   15.00                             0.47
 including @ 0.4 Cu      379.00                 384.00                      5.00                           0.44
 including @ 0.4 Cu      394.00                 426.00                   32.00                             0.43
 including @ 0.4 Cu      441.00                 446.00                      5.00                           0.43
 including @ 0.2 Cu      472.00                 536.00                   64.00                             0.30
 including @ 0.4 Cu      494.00                 500.00                      6.00                           0.46
 including @ 0.2 Cu      570.50                 575.50                      5.00                           0.20
 including @ 0.2 Cu      581.00                 587.00                      6.00                           0.21
 22XDD009                633.00                 643.00                   10.00                             0.10
 22XDD009                649.00                 659.70                   10.70                             0.10
 22XDD010                125.25                 204.00                   78.75                             0.23
 including @ 0.2 Cu      127.20                 135.20                      8.00                           0.23
 including @ 0.2 Cu      141.40                 166.00                   24.60                             0.33
 including @ 0.2 Cu      172.00                 188.00                   16.00                             0.22
 including @ 0.2 Cu      197.00                 202.90                      5.90                           0.23
 22XDD010                219.00                 242.00                   23.00                             0.11
 22XDD010                248.00                 311.00                   63.00                             0.18
 including @ 0.2 Cu      251.00                 276.00                   25.00                             0.26
 22XDD010                335.00                 366.00                   31.00                             0.15
 including @ 0.2 Cu      335.00                 340.00                      5.00                           0.21
 including @ 0.2 Cu      346.00                 351.30                      5.30                           0.21
 22XDD010                389.00                 399.00                   10.00                             0.10
 22XDD010                444.00                 456.00                   12.00                             0.13
 22XDD010                468.00                 537.00                   69.00                             0.26
 including @ 0.2 Cu      469.55                 491.00                   21.45                             0.28
 including @ 0.2 Cu      497.00                 534.00                   37.00                             0.27
 including @ 0.4 Cu      503.00                 508.00                      5.00                           0.50
 22XDD011                     4.00                14.00                  10.00                             0.21
 including @ 0.2 Cu           6.80                14.00                     7.20                           0.25
 22XDD012                  17.00                  31.00                  14.00                             0.14
 22XDD012                  78.00                132.40                   54.40                             0.40
 including @ 0.2 Cu        81.00                100.30                   19.30                             0.68
 including @ 0.4 Cu        87.00                  99.30                  12.30                             0.89
 including @ 0.2 Cu      106.00                 132.40                   26.40                             0.29
 including @ 0.4 Cu      120.00                 125.00                      5.00                           0.43
 23XDD013                     7.85                18.00                  10.15                             0.10
 23XDD014                  38.00                  48.00                  10.00                             0.29
 including @ 0.2 Cu        40.20                  47.00                     6.80                           0.39
 23XDD014                  64.55                223.70                 159.15                              0.34
 including @ 0.2 Cu        64.55                  88.00                  23.45                             0.50
 including @ 0.4 Cu        70.00                  80.50                  10.50                             0.72
 including @ 0.2 Cu        95.00                146.00                   51.00                             0.52
 including @ 0.4 Cu        95.00                131.00                   36.00                             0.63
 including @ 0.2 Cu      157.00                 167.00                   10.00                             0.25
 including @ 0.2 Cu      173.00                 184.00                   11.00                             0.29
 including @ 0.2 Cu      217.50                 222.50                      5.00                           0.23
 23XDD015            0.00                         11.00                  11.00                             0.11
 23XDD015                  20.00                  37.50                  17.50                             0.10
 23XDD015                  48.00                105.50                   57.50                             0.18
 including @ 0.2 Cu        66.00                  73.00                     7.00                           0.21
 including @ 0.2 Cu        84.00                  91.30                     7.30                           0.20
 including @ 0.2 Cu        96.50                102.50                      6.00                           0.34
 23XDD015                112.50                 173.70                   61.20                             0.32
 including @ 0.4 Cu      115.50                 121.30                      5.80                           0.60
 including @ 0.2 Cu      116.50                 161.00                   44.50                             0.38
 including @ 0.4 Cu      129.70                 152.00                   22.30                             0.41
 23XDD016            0.00                         30.50                  30.50                             0.31
 including @ 0.2 Cu  0.00                         23.50                  23.50                             0.37
 23XDD016                  51.50                  80.00                  28.50                             0.26
 including @ 0.2 Cu        56.50                  75.00                  18.50                             0.31
 23XDD016                  98.00                205.00                 107.00                              0.29
 including @ 0.2 Cu      105.00                 113.00                      8.00                           0.35
 including @ 0.2 Cu      124.00                 166.00                   42.00                             0.48
 including @ 0.4 Cu      126.00                 151.00                   25.00                             0.59
 23XDD016                215.00                 252.00                   37.00                             0.12
 23XDD017                  79.10                163.00                   83.90                             0.18
 including @ 0.2 Cu        79.10                  85.50                     6.40                           0.25
 including @ 0.2 Cu      100.00                 106.00                      6.00                           0.23
 including @ 0.2 Cu      118.00                 137.50                   19.50                             0.25
 including @ 0.2 Cu      149.00                 158.00                      9.00                           0.23
 23XDD017                194.00                 207.00                   13.00                             0.12
 23XDD017                219.80                 246.00                   26.20                             0.18
 including @ 0.2 Cu      235.00                 242.00                      7.00                           0.36
 23XDD017                290.00                 300.00                   10.00                             0.25
 including @ 0.2 Cu      290.00                 299.00                      9.00                           0.26
 23XDD018                410.20                 600.00                 189.80                              0.32
 including @ 0.2 Cu      439.00                 465.00                   26.00                             0.26
 including @ 0.2 Cu      471.00                 479.00                      8.00                           0.23
 including @ 0.2 Cu      486.00                 600.00                 114.00                              0.41
 including @ 0.4 Cu      505.00                 541.00                   36.00                             0.45
 including @ 0.4 Cu      548.00                 554.40                      6.40                           0.43
 including @ 0.4 Cu      560.10                 576.00                   15.90                             0.47
 including @ 0.4 Cu      586.00                 600.00                   14.00                             0.56
 23XDD019                  33.80                  46.00                  12.20                             0.13
 including @ 0.2 Cu        82.00                  87.00                     5.00                           0.40
 23XDD019                  83.00                265.00                 182.00                              0.59
 including @ 0.2 Cu        94.00                259.00                 165.00                              0.63
 including @ 0.4 Cu        94.00                181.00                   87.00                             0.93
 including @ 0.4 Cu      208.00                 213.00                      5.00                           0.42
 23XDD020                102.60                 114.00                   11.40                             0.10
 23XDD020                446.00                 471.00                   25.00                             0.14
 23XDD020                479.00                 600.00                 121.00                              0.48
 including @ 0.2 Cu      480.00                 501.00                   21.00                             0.26
 including @ 0.2 Cu      508.00                 600.00                   92.00                             0.56
 including @ 0.4 Cu      518.00                 600.00                   82.00                             0.59
 23XDD021            0.00                         11.00                  11.00                             0.19
 including @ 0.2 Cu           6.00                11.00                     5.00                           0.35
 23XDD021                  18.60                  28.70                  10.10                             0.11
 23XDD021                  34.00                  45.00                  11.00                             0.18
 including @ 0.2 Cu        36.00                  41.00                     5.00                           0.24
 23XDD021                  57.00                  67.05                  10.05                             0.19
 including @ 0.2 Cu        61.00                  67.05                     6.05                           0.31
 23XDD021                  93.85                162.00                   68.15                             0.18
 including @ 0.2 Cu        93.85                102.00                      8.15                           0.20
 including @ 0.2 Cu      111.00                 133.00                   22.00                             0.26
 23XDD021                177.00                 188.10                   11.10                             0.13
 23XDD022            0.00                         12.00                  12.00                             0.14
 23XDD022                  30.00                  41.00                  11.00                             0.13
 23XDD022                  51.00                  61.00                  10.00                             0.13
 23XDD022                  67.00                114.00                   47.00                             0.20
 including @ 0.2 Cu        73.00                107.00                   34.00                             0.23
 23XDD022                223.00                 262.00                   39.00                             0.10
 23XDD022                269.00                 415.00                 146.00                              0.28
 including @ 0.2 Cu      274.10                 411.00                 136.90                              0.29
 including @ 0.4 Cu      360.00                 381.70                   21.70                             0.50
 23XDD023                  62.00                110.00                   48.00                             0.17
 including @ 0.2 Cu        78.00                  83.00                     5.00                           0.33
 including @ 0.2 Cu      103.00                 108.00                      5.00                           0.21
 23XDD023                167.00                 177.00                   10.00                             0.11
 23XDD023                334.00                 347.00                   13.00                             0.12
 23XDD023                392.00                 426.20                   34.20                             0.13
 23XDD023                442.50                 454.00                   11.50                             0.19
 including @ 0.2 Cu      448.00                 453.00                      5.00                           0.22
 23XDD023                465.00                 581.00                 116.00                              0.23
 including @ 0.2 Cu      474.00                 480.00                      6.00                           0.21
 including @ 0.2 Cu      490.00                 498.00                      8.00                           0.24
 including @ 0.2 Cu      517.00                 527.00                   10.00                             0.22
 including @ 0.2 Cu      548.00                 581.00                   33.00                             0.38
 including @ 0.4 Cu      557.00                 563.00                      6.00                           0.48
 including @ 0.4 Cu      569.00                 581.00                   12.00                             0.43
 23XDD024                  40.00                  59.50                  19.50                             0.14
 23XDD024                  74.60                  89.30                  14.70                             0.18
 including @ 0.2 Cu        84.00                  89.30                     5.30                           0.25
 23XDD024                120.40                 201.20                   80.80                             0.16
 including @ 0.2 Cu      133.00                 140.00                      7.00                           0.31
 including @ 0.2 Cu      151.20                 156.90                      5.70                           0.20
 including @ 0.2 Cu      182.00                 188.00                      6.00                           0.22
 23XDD025            0.00                         51.00                  51.00                             0.12
 23XDD025                  80.50                168.00                   87.50                             0.36
 including @ 0.2 Cu        84.50                123.00                   38.50                             0.49
 including @ 0.4 Cu        87.50                117.00                   29.50                             0.56
 including @ 0.2 Cu      136.00                 161.00                   25.00                             0.37
 including @ 0.4 Cu      147.00                 160.00                   13.00                             0.51
 23XDD025                181.00                 295.80                 114.80                              0.20
 including @ 0.2 Cu      191.50                 199.50                      8.00                           0.29
 including @ 0.2 Cu      206.50                 221.00                   14.50                             0.40
 including @ 0.4 Cu      208.50                 215.00                      6.50                           0.53
 including @ 0.2 Cu      269.00                 274.00                      5.00                           0.22
 including @ 0.2 Cu      280.00                 291.70                   11.70                             0.26
 23XDD025                317.00                 341.00                   24.00                             0.12
 including @ 0.2 Cu      336.00                 341.00                      5.00                           0.22
 23XDD026                  17.60                  54.00                  36.40                             0.17
 including @ 0.2 Cu        45.00                  51.40                     6.40                           0.30
 23XDD026                  60.70                  89.00                  28.30                             0.17
 including @ 0.2 Cu        67.50                  74.50                     7.00                           0.22
 23XDD026                180.00                 190.90                   10.90                             0.12
 23XDD026                202.00                 212.30                   10.30                             0.10
 23XDD026                252.00                 323.70                   71.70                             0.15
 including @ 0.2 Cu      274.00                 287.00                   13.00                             0.21
 including @ 0.2 Cu      317.00                 323.70                      6.70                           0.23
 23XDD026                336.00                 471.00                 135.00                              0.17
 including @ 0.2 Cu      368.00                 374.00                      6.00                           0.24
 including @ 0.2 Cu      412.00                 417.00                      5.00                           0.21
 including @ 0.2 Cu      424.00                 434.00                   10.00                             0.30
 23XDD026                479.00                 504.00                   25.00                             0.22
 including @ 0.2 Cu      481.00                 504.00                   23.00                             0.23
 23XDD027                  10.00                  20.00                  10.00                             0.13
 23XDD027                345.00                 380.30                   35.30                             0.12
 23XDD027                409.70                 441.60                   31.90                             0.14
 23XDD027                453.00                 540.80                   87.80                             0.18
 including @ 0.2 Cu      469.40                 495.00                   25.60                             0.27
 23XDD028                  63.00                  73.00                  10.00                             0.20
 including @ 0.2 Cu        64.90                  70.20                     5.30                           0.30
 including @ 0.2 Cu      266.00                 271.70                      5.70                           0.24
 23XDD028                268.70                 300.00                   31.30                             0.17
 including @ 0.2 Cu      278.20                 285.00                      6.80                           0.21
 23XDD029                100.00                 144.00                   44.00                             0.14
 23XDD029                152.00                 179.90                   27.90                             0.14
 including @ 0.2 Cu      174.50                 179.90                      5.40                           0.25
 23XDD029                186.00                 198.00                   12.00                             0.10
 23XDD029                299.00                 309.10                   10.10                             0.13
 23XDD029                358.00                 441.25                   83.25                             0.15
 including @ 0.4 Cu      374.00                 379.15                      5.15                           0.44
 including @ 0.2 Cu      376.00                 393.00                   17.00                             0.26
 23XDD029                448.25                 489.00                   40.75                             0.17
 including @ 0.2 Cu      466.00                 474.00                      8.00                           0.20
 including @ 0.2 Cu      483.00                 488.00                      5.00                           0.27
 23XDD030                  58.00                  68.00                  10.00                             0.12
 23XDD030                540.00                 550.00                   10.00                             0.21
 including @ 0.2 Cu      541.00                 547.00                      6.00                           0.29
 23XDD030                570.00                 605.00                   35.00                             0.16
 including @ 0.2 Cu      577.60                 585.00                      7.40                           0.23
 23XDD030                611.00                 688.00                   77.00                             0.14
 including @ 0.2 Cu      657.00                 662.00                      5.00                           0.21
 including @ 0.2 Cu      671.00                 676.00                      5.00                           0.23
 23XDD031                100.30                 112.00                   11.70                             0.18
 including @ 0.2 Cu      102.60                 108.00                      5.40                           0.22
 23XDD031                124.90                 138.00                   13.10                             0.31
 including @ 0.2 Cu      126.00                 136.15                   10.15                             0.36
 including @ 0.4 Cu      126.00                 131.00                      5.00                           0.41
 23XDD031                143.00                 153.00                   10.00                             0.11
 23XDD031                171.00                 181.00                   10.00                             0.18
 including @ 0.2 Cu      171.00                 176.00                      5.00                           0.24
 23XDD031                236.00                 616.00                 380.00                              0.24
 including @ 0.2 Cu      253.00                 258.00                      5.00                           0.25
 including @ 0.2 Cu      309.00                 317.00                      8.00                           0.21
 including @ 0.2 Cu      349.00                 540.00                 191.00                              0.31
 including @ 0.4 Cu      380.65                 390.00                      9.35                           0.51
 including @ 0.4 Cu      398.00                 404.00                      6.00                           0.55
 including @ 0.4 Cu      419.00                 424.00                      5.00                           0.52
 including @ 0.4 Cu      434.00                 443.00                      9.00                           0.40
 including @ 0.4 Cu      521.00                 527.00                      6.00                           0.46
 including @ 0.2 Cu      546.00                 551.90                      5.90                           0.21
 including @ 0.2 Cu      558.00                 563.00                      5.00                           0.22
 including @ 0.2 Cu      569.00                 587.00                   18.00                             0.22
 23XDD031                620.00                 678.00                   58.00                             0.15
 including @ 0.2 Cu      635.00                 640.00                      5.00                           0.21
 including @ 0.2 Cu      654.00                 659.00                      5.00                           0.21
 23XDD032            0.00                         21.40                  21.40                             0.85
 including @ 0.2 Cu  0.00                         21.40                  21.40                             0.85
 including @ 0.4 Cu  0.00                         13.00                  13.00                             1.19
 23XDD032                  34.90                140.15                 105.25                              0.35
 including @ 0.2 Cu        35.70                  42.50                     6.80                           0.34
 including @ 0.2 Cu        48.80                131.00                   82.20                             0.39
 including @ 0.4 Cu        60.00                  65.00                     5.00                           0.46
 including @ 0.4 Cu        71.00                  85.00                  14.00                             0.49
 including @ 0.4 Cu        94.00                100.00                      6.00                           0.47
 including @ 0.4 Cu      105.90                 125.00                   19.10                             0.42
 23XDD032                156.00                 197.00                   41.00                             0.17
 including @ 0.2 Cu      162.00                 174.00                   12.00                             0.23
 including @ 0.2 Cu      192.00                 197.00                      5.00                           0.21
 23XDD032                204.00                 336.70                 132.70                              0.18
 including @ 0.2 Cu      207.00                 218.00                   11.00                             0.33
 including @ 0.4 Cu      209.00                 214.00                      5.00                           0.40
 including @ 0.2 Cu      237.00                 244.00                      7.00                           0.28
 including @ 0.2 Cu      262.00                 284.00                   22.00                             0.21
 including @ 0.2 Cu      315.00                 322.00                      7.00                           0.23
 23XDD032                368.00                 455.00                   87.00                             0.15
 including @ 0.2 Cu      368.00                 373.00                      5.00                           0.23
 including @ 0.2 Cu      397.00                 412.00                   15.00                             0.24
 23XDD032                463.00                 482.00                   19.00                             0.14
 23XDD032                486.00                 496.00                   10.00                             0.14
 23XDD033                350.70                 574.05                 223.35                              0.23
 including @ 0.2 Cu      364.00                 373.00                      9.00                           0.27
 including @ 0.2 Cu      380.00                 452.00                   72.00                             0.32
 including @ 0.4 Cu      405.00                 418.70                   13.70                             0.47
 including @ 0.2 Cu      477.00                 494.00                   17.00                             0.24
 including @ 0.2 Cu      519.50                 538.00                   18.50                             0.37
 including @ 0.4 Cu      528.00                 534.00                      6.00                           0.51
 including @ 0.2 Cu      548.00                 554.00                      6.00                           0.23
 including @ 0.2 Cu      569.00                 574.05                      5.05                           0.24
 23XDD033                582.00                 616.00                   34.00                             0.16
 including @ 0.2 Cu      590.00                 604.00                   14.00                             0.20
 23XDD034                  14.00                  33.50                  19.50                             0.15
 23XDD034                  44.00                  67.00                  23.00                             0.19
 including @ 0.2 Cu        45.00                  58.00                  13.00                             0.23
 23XDD034                  75.00                  96.00                  21.00                             0.11
 23XRC001                  74.00                  84.00                  10.00                             0.14
 23XRC001                  90.00                100.00                   10.00                             0.35
 including @ 0.2 Cu        91.00                100.00                      9.00                           0.38
 23XRC002                     7.00                17.00                  10.00                             0.11
 23XRC002                  40.00                  90.00                  50.00                             0.14
 23XRC003            0.00                         38.00                  38.00                             0.22
 including @ 0.2 Cu           1.00                   8.00                   7.00                           0.31
 including @ 0.2 Cu        20.00                  37.00                  17.00                             0.24
 23XRC003                  50.00                  60.00                  10.00                             0.12
 23XRC003                  80.00                  90.00                  10.00                             0.14
 23XRC005                  84.00                100.00                   16.00                             0.47
 including @ 0.2 Cu        84.00                100.00                   16.00                             0.47
 including @ 0.4 Cu        93.00                100.00                      7.00                           0.74
 23XRC008                  30.00                  41.00                  11.00                             0.18
 including @ 0.2 Cu        31.00                  37.00                     6.00                           0.23
 23XRC012            0.00                         27.00                  27.00                             0.14
 23XRC012                  42.00                  69.00                  27.00                             0.22
 including @ 0.2 Cu        43.00                  65.00                  22.00                             0.24
 23XRC012                  85.00                100.00                   15.00                             0.75
 including @ 0.2 Cu        85.00                100.00                   15.00                             0.75
 including @ 0.4 Cu        87.00                100.00                   13.00                             0.82
 23XRC013                     7.00                52.00                  45.00                             0.25
 including @ 0.4 Cu        10.00                  15.00                     5.00                           1.23
 including @ 0.2 Cu        11.00                  16.00                     5.00                           1.26
 23XRC019                  70.00                  80.00                  10.00                             0.51
 including @ 0.2 Cu        73.00                  80.00                     7.00                           0.69
 including @ 0.4 Cu        75.00                  80.00                     5.00                           0.86
 23XUD01             0.00                       111.00                 111.00                              0.41
 including @ 0.2 Cu  0.00                         51.00                  51.00                             0.60
 including @ 0.4 Cu  0.00                         37.00                  37.00                             0.71
 including @ 0.2 Cu        57.80                101.00                   43.20                             0.29
 including @ 0.4 Cu        73.00                  81.00                     8.00                           0.41
 23XUD02             0.00                       133.00                 133.00                              0.67
 including @ 0.2 Cu  0.00                       124.00                 124.00                              0.71
 including @ 0.4 Cu  0.00                         28.00                  28.00                             0.81
 including @ 0.4 Cu        34.00                120.10                   86.10                             0.73
 23XUD03             0.00                       138.00                 138.00                              0.45
 including @ 0.2 Cu  0.00                         65.00                  65.00                             0.56
 including @ 0.4 Cu  0.00                         18.50                  18.50                             1.17
 including @ 0.4 Cu        52.50                  58.00                     5.50                           0.59
 including @ 0.2 Cu        71.00                127.00                   56.00                             0.41
 including @ 0.4 Cu        77.00                  82.00                     5.00                           0.47
 including @ 0.4 Cu      102.00                 123.00                   21.00                             0.60
 23XUD03                 157.40                 167.50                   10.10                             0.11
 23XUD04             0.00                       127.00                 127.00                              0.47
 including @ 0.2 Cu  0.00                         89.00                  89.00                             0.60
 including @ 0.4 Cu  0.00                         47.00                  47.00                             0.81
 including @ 0.4 Cu        55.00                  73.00                  18.00                             0.42
 including @ 0.2 Cu        95.00                104.00                      9.00                           0.23
 23XUD05             0.00                       314.00                 314.00                              0.49
 including @ 0.2 Cu           1.00                60.00                  59.00                             0.36
 including @ 0.4 Cu           2.90                11.00                     8.10                           0.82
 including @ 0.4 Cu        47.00                  55.00                     8.00                           0.49
 including @ 0.2 Cu        66.00                297.00                 231.00                              0.56
 including @ 0.4 Cu        67.00                  97.50                  30.50                             0.45
 including @ 0.4 Cu      106.50                 111.50                      5.00                           0.43
 including @ 0.4 Cu      139.00                 234.50                   95.50                             0.66
 including @ 0.4 Cu      241.50                 293.00                   51.50                             0.71
 23XUD06             0.00                       131.00                 131.00                              0.51
 including @ 0.2 Cu  0.00                       107.00                 107.00                              0.59
 including @ 0.4 Cu  0.00                         35.00                  35.00                             0.82
 including @ 0.4 Cu        44.00                  82.00                  38.00                             0.61
 including @ 0.4 Cu        91.00                  99.00                     8.00                           0.53
 23XUD06                 138.00                 152.00                   14.00                             0.10

 

Notes

(i)            Main intercepts are reported at 0.1 per centage
copper cut-off

(ii)           Maximum internal waste of 5 metres and minimum
intercepts of 10 metres

(iii)          True thickness of mineralised intercepts is
underdetermined

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