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RNS Number : 7908I Cobra Resources PLC 25 November 2025
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET
ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK
MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE
REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
25 November 2025
Cobra Resources plc
("Cobra" or the "Company")
Manna Hill Project Exploration Update
Geophysics Team Mobilised to Site
Approvals in place to Drill Test Blue Rose Copper Prospect Before Year End
Cobra (https://cobraplc.com/) (LSE: COBR)
(https://www.londonstockexchange.com/stock/COBR/cobra-resources-plc/company-page)
, a South Australian critical minerals developer advancing projects across the
pre-production stage, is pleased to announce it has received Program for
Environment Protection and Rehabilitation ("PEPR") approval from the
Government of South Australia's Department for Energy and Mining to pave the
way for exploration to commence at the Manna Hill Project, an under explored
porphyry province in the 'copper capital' of Australia.
As announced on 26 August 2025, Cobra has a 12-month option to acquire the
Manna Hill Project and will focus initially on the Blue Rose priority prospect
("Blue Rose") where existing drilling has intersected skarn hosted copper-gold
mineralisation across 1.6km of strike immediately adjacent to a geophysical
anomaly interpretated as a porphyry intrusion.
Key Points:
· PEPR approved to drill up to 50 drill holes across the Blue Rose
prospect
· Geophysics contractor mobilised to site to execute an Induced
Polarisation ("IP") survey (12 days) at Blue Rose that aims to:
o Validate the Company's interpretation for the scale of existing
mineralisation to be greatly increased by testing for an additional fold limb
and syncline hinge at depth
o Refine the interpretation of the Blue Rose porphyry system
· Drilling contractor secured to execute an initial programme to
commence after Christmas where ~2,800m of Reverse Circulation ("RC") drilling
will target strike and depth extensions as well as the interpreted northern
syncline limb, aiming to significantly increase the scale of skarn
mineralisation
Rupert Verco, Managing Director of Cobra, commented:
"This is a defining period for Cobra and its shareholders. This is the first
time the Blue Rose prospect has been drilled in over a decade. We have worked
diligently to understand geological controls and assess upside for both scale
and grade. There is no doubt that Blue Rose bears the right geological setting
to deliver a major porphyry discovery.
The IP survey will seek to validate our interpretation of the structure
hosting skarn mineralisation and improve the targeting of the porphyry system.
Drilling will target scale upside of the existing skarn mineralisation and
look to test for depth extensions of previous high-grade intersections.
This upcoming work programme is designed to demonstrate the potential of the
Manna Hill asset as a basis for which the Company will look to exercise its
option to acquire the Manna Hill Project."
Follow this link to watch a short video of MD Rupert Verco discussing this
update on the Manna Hill Project: https://investors.cobraplc.com/link/eW3MJe
(https://investors.cobraplc.com/link/eW3MJe)
Manna Hill Exploration Strategy
The Manna Hill Project comprises Exploration Licences ("ELs") 6009, 6046 and
6646 that cover 1,855km(2) and incorporate the Anabama Granite Intrusion. The
Blue Rose prospect is the priority target for near term exploration during the
option period.
Blue Rose - copper-gold skarn and porphyry target, shallow, scalable and open
at depth
· Stratigraphic limestone unit hosting 1.6km of defined skarn
mineralisation with existing intersections that include:
o RABR822 48m at 2.2% Cu and 0.76 g.t Au from 11m
o RCBR025 132m at 0.52% Cu from 8m including 48m at 1.04% Cu
o RABR152 41m at 1.6% Cu from 9m including 18m at 2.03% Cu
o RABR205 43m at 0.6% Cu from 12m
o RCBR030 52m at 0.77% Cu and 0.94 g/t Au from 80m
IP Survey
· A geophysical IP survey will extend across the interpreted porphyry
intrusion and the length of the interpreted extent of the skarn host limestone
unit
· The survey will also assist in modelling the greater porphyry system,
supporting future diamond drill design aimed at testing for porphyry stockwork
mineralisation at depth
· The survey will be completed in early December 2025
Blue Rose RC Drilling
· The Company has received PEPR approval to drill up to 50 drill holes
across Blue Rose
· An initial ~2,800m programme to commence after Christmas will aim to
test:
o Depth extensions and confirmation of previously reported intersection by
infilling on a 50m spacing
o Extended strike towards the porphyry intrusion where previous drilling
comprises shallow holes targeting near surface oxide mineralisation
o The Company's geological interpretation of a syncline hosted skarn system
to deliver increased scale
· Drilling is expected to take approximately two weeks with assays
expected in late January 2026
· Results will ultimately inform follow-up drilling
Figure 1: Designed IP survey lines for the survey currently underway.
Interpreted porphyry intrusion and synclinal folded limestone unit (skarn
host) over gravity "edge" image
Figure 2: 3D model of the limestone unit hosting Blue Rose skarn
mineralisation. Black traces represent the drill holes to be drilled in the
upcoming programme. Orange traces are contingent upon results and blue traces
represent future diamond drill holes based on current porphyry modelling.
Timeline for Blue Rose Exploration
· IP Survey - 20 November to 2 December 2025
· RC Stage 1 RC Drilling - December 2025 to January 2026
· Assays - January to February 2026
· RC Stage 2 RC Drilling - February 2026
· Diamond Drilling - April 2026 (contingent on above results)
Background to the Manna Hill Project
The Nakara Arc, a Cambrian age rift system, has long been recognised for its
prospective porphyry systems. Previous work undertaken by the Geological
Survey of South Australia, academics and explorers demonstrates:
· Deep crustal architecture defined within a Geoscience South Australia
Magnetotelluric survey that defines modelled fertile, middle crust magma and
structurally controlled conduits supportive of porphyry intrusions.(1)
· Geochemical and geochronological studies performed by Hong et al,
2023 demonstrate that porphyritic stocks at Anabama and Netley Hill have
formed from favourable lithospheric scale structures and simultaneously with
known porphyry systems within the Macquarie Arc such as Cadia and North
Parkes.(1)
The project comprises numerous prospects with varying styles of mineralisation
including skarn, porphyry, carlin, orogenic and sediment hosted mineralisation
across 1,855 km(2) of tenure that includes the historic Wadnaminga and
Talkaboolka goldfields.
Exploration over the project has been limited over the last two decades owing
to land access. Land access has been achieved with a Native Title Mining
Agreement with the Wilyakali Traditional Owners paving the way for exploration
across this highly fertile geological province.
Located 150km southwest of Broken Hill, the township and mining asset which
was the starting point for the world's largest miner, BHP, the region is well
serviced by road and rail.
References
1. Wei Hong, Adrian Fabris, Tom Wise, Allan S Collins, Sarah Gilbert,
David Selby, Stacey Curtis and Anthony Reid, 2023 Economic Geology.
"Metallogenic Setting and Temporal Evolution of Porphyry Cu-Mo
Mineralisation and Alteration in the Delamerian Orogen, South Australia:
Insights From Zircon, U-Pb, Molybdenite Re-Os, and In Situ White Mica Rb-Sr
Geochronology."
2. Collar coordinates for RCBR030 has not been verified within the
database but was announced on 8 July 2002:
asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=text&issuerId=558&announcementId=493738&documentDate=2002-07-08&documentNumber=219186
(https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=text&issuerId=558&announcementId=493738&documentDate=2002-07-08&documentNumber=219186)
Enquiries:
Cobra Resources plc via Vigo Consulting
Rupert Verco (Australia) +44 (0)20 7390 0234
Dan Maling (UK)
SI Capital Limited (Joint Broker) +44 (0)1483 413 500
Nick Emerson
Sam Lomanto
Global Investment Strategy (Joint Broker) +44 (0)20 7048 9437
James Sheehan james.sheehan@gisukltd.com
Vigo Consulting (Financial Public Relations) +44 (0)20 7390 0234
Ben Simons cobra@vigoconsulting.com
Fiona Hetherington
The person who arranged for the release of this announcement was Rupert Verco,
Managing Director of the Company.
About Cobra
Cobra Resources is a South Australian critical minerals developer, advancing
assets at all stages of the pre-production pathway.
In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna
Project in the Gawler Craton - Australia's only rare earth project suitable
for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance
extraction method that eliminates the need for excavation, positioning Boland
to achieve bottom-quartile recovery costs.
In 2025, Cobra further expanded its portfolio by optioning the Manna Hill
Copper Project in the Nackara Arc, South Australia. The project contains
multiple underexplored prospects with strong potential to deliver large-scale
copper discoveries.
In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up
to A$15 million in cash and shares.
Regional map showing Cobra's tenements in South Australia
Boland Project
Cobra's unique and highly scalable Boland discovery is a strategically
advantageous ionic rare earth discovery where high grades of valuable heavy
and magnet rare earths occur concentrated in a permeable horizon confined by
impermeable clays. Bench scale ISR testing has confirmed that mineralisation
is amenable to ISR mining. ISR has been used successfully for decades within
geologically similar systems to recover uranium within South Australia.
Results of this metallurgical test work support that, with minor optimisation,
ISR techniques should enable non-invasive and low-cost production of critical
REEs from Cobra's Boland discovery.
Manna Hill Project
Cobra has entered a binding Option Deed to acquire the Manna Hill Project
("the Manna Hill Option"), a forgotten porphyry province within the copper
capital of Australia. The project has the potential to deliver the next tier 1
discovery. Historical intersections include 48m @ 2.2% Cu & 0.76 g/t Au
and 132m at 0.5% Cu, and underpin the potential to deliver the next
multi-million tonne copper resource.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/cobraresourcesplc
(https://www.linkedin.com/company/cobraresourcesplc)
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Engage with us by asking questions, watching video summaries and seeing what
other shareholders have to say. Navigate to our Interactive Investor hub here:
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Competent Persons Statement
Information and data presented within this announcement has been compiled by
Mr Robert Blythman, a Member of the Australian Institute of Geoscientists
("MAIG"). Mr Blythman is a Consultant to Cobra Resources Plc and has
sufficient experience, which is relevant to the style of mineralisation,
deposit type and to the activity which he is undertaking to qualify as a
Competent Person defined by the 2012 Edition of the Australasian Code for
Reporting Exploration Results, Mineral Resources and Ore Reserves (the "JORC"
Code). This includes 12 years of Mining, Resource Estimation and Exploration
relevant to the style of mineralisation.
Information in this announcement has been assessed by Mr Rupert Verco, a
Fellow of the Australasian Institute of Mining and Metallurgy. Mr Verco is an
employee of Cobra and has more than 17 years' industry experience which is
relevant to the style of mineralisation, deposit type, and activity which he
is undertaking to qualify as a Competent Person as defined in the 2012 Edition
of the Australasian Code for Reporting Exploration Results, Mineral Resources
and Ore Reserves of JORC. This includes 13 years of Mining, Resource
Estimation and Exploration.
Appendix 1: JORC Code, 2012 Edition - Table 3
Criteria JORC Code explanation Commentary
Sampling techniques · Nature and quality of sampling (eg cut channels, random chips, or · Drill results are historic, reported from previous explorers
specific specialised industry standard measurement tools appropriate to the across multiple company databases.
minerals under investigation, such as down hole gamma sondes, or handheld XRF
instruments, etc). These examples should not be taken as limiting the broad · GS Series holes have uncertain sampling methods but 2024 HGRC series
meaning of sampling. holes across reflected the grade tenor and distribution
· Include reference to measures taken to ensure sample representivity · Blue Rose drill results were undertaken over multiple generations
and the appropriate calibration of any measurement tools or systems used. with validation required. Sample lengths were between 1m and 4m. sample types
are listed as composites and splits in historically reported data for the
· Aspects of the determination of mineralisation that are Material to reported results.
the Public Report.
· NETRP series holes were completed in the late 1960s as percussion
· In cases where 'industry standard' work has been done this would be holes. Results are considered reflective of typical grades and scale but are
relatively simple (eg 'reverse circulation drilling was used to obtain 1 m historic in nature.
samples from which 3 kg was pulverised to produce a 30 g charge for fire
assay'). In other cases more explanation may be required, such as where there · NETDD holes were diamond holes that were half core samples to 1m
is coarse gold that has inherent sampling problems. Unusual commodities or length.
mineralisation types (eg submarine nodules) may warrant disclosure of detailed
information. · Select review of sampling data provided indicates the retained data is
of good quality.
Drilling techniques · Drill type (eg core, reverse circulation, open-hole hammer, rotary RAB, AC, RC, percussion and diamond drilling methods have all been used with
air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or AC and RC being the dominant drill methods on a per m basis. Further
standard tube, depth of diamond tails, face-sampling bit or other type, assessment of the drilling methods will be undertaken during data validation
whether core is oriented and if so, by what method, etc). and migration. Select review of drilling data provides indicates the retained
data is of good quality.
Drill sample recovery · Method of recording and assessing core and chip sample recoveries and · Sample recovery data is limited.
results assessed.
· Blue Rose prospect, sample codes L.N.R. are less than 0.1% of
· Measures taken to maximise sample recovery and ensure representative assessed data.
nature of the samples.
· Netley Hill, Diamond drilling appears to have excellent recoveries
· Whether a relationship exists between sample recovery and grade and based on core photos with NTRP sewries holes not expected to have recovery
whether sample bias may have occurred due to preferential loss/gain of data
fine/coarse material.
· At Golden Sophia, 2024 HGRC drilling had consistent good recoveries
as reported in sampling with historic GS drilling expected to be comparable.
Logging · Whether core and chip samples have been geologically and · A review of historic logging has determined the quality of
geotechnically logged to a level of detail to support appropriate Mineral logging to be good.
Resource estimation, mining studies and metallurgical studies.
· Translation of logging codes to a uniform code library across
· Whether logging is qualitative or quantitative in nature. Core (or the project will be undertaken to ensure consistency of historic logging for
costean, channel, etc) photography. future interpretation.
· The total length and percentage of the relevant intersections logged.
Sub-sampling techniques and sample preparation · If core, whether cut or sawn and whether quarter, half or all core · Sample data is historic and all processes and proceduresare unknown.
taken. There is records of sample splits being sent for lab analysis after initial
composite sampling had taken place. Core samples are reported to be half
· If non-core, whether riffled, tube sampled, rotary split, etc and core sent to the lab
whether sampled wet or dry.
· Further validation of the data will be undertaken during the data
· For all sample types, the nature, quality and appropriateness of the validation and migration.
sample preparation technique.
· Sampling technique is not expected to have applied a bias to results.
· Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
· Measures taken to ensure that the sampling is representative of the
in situ material collected, including for instance results for field
duplicate/second-half sampling.
· Whether sample sizes are appropriate to the grain size of the
material being sampled.
Quality of assay data and laboratory tests · The nature, quality and appropriateness of the assaying and · Laboratory analysis is from cetified labs and most certificates
laboratory procedures used and whether the technique is considered partial or are on file therefore analysis is expected to be of adequate quality
total.
· NETRP series holes have limited associated lab data but are
· For geophysical tools, spectrometers, handheld XRF instruments, etc, considered to be refective of in situ grades and acceptable to report in a
the parameters used in determining the analysis including instrument make and historic context.
model, reading times, calibrations factors applied and their derivation, etc.
· Historic lab certificates indicate analytical methods have been
· Nature of quality control procedures adopted (eg standards, blanks, primarily 4 acid digest for ore grade copper and a mixture of aqua regia and
duplicates, external laboratory checks) and whether acceptable levels of fire assay for gold. Other elements assayed have been a mixture of aqua regia
accuracy (ie lack of bias) and precision have been established. digest and 4 acid digest. These techniques are acceptable in this geological
setting with 4 acid digest preferred.
· Standards, blanks and duplicates have been included in some
historic lab jsubmissions.
Verification of sampling and assaying · The verification of significant intersections by either independent · Historic data has been compiled from multiple open file and
or alternative company personnel. historic company sources
· The use of twinned holes. · For Blue Rose, drill results are geologically consistent across
multiple historic drill programs managed by different companies and different
· Documentation of primary data, data entry procedures, data drill techniques
verification, data storage (physical and electronic) protocols.
· For Netley Hill, NETRP holes are considered historic and
· Discuss any adjustment to assay data. indicative, NETDD holes are considered to be of high quality.
· Data validation will be completed on compiled data during a
database migration to ensure appropriate confidence in results is applied.
· Historic lab certificate results will be used as a primary source
for a large portion of assay data
· Significant intersections have been prepared by Mr Robert
Blythman and reviewed by Mr Rupert Verco
Location of data points · Accuracy and quality of surveys used to locate drill holes (collar · Drillhole collars have been picked up by GPS post 2003 based on
and down-hole surveys), trenches, mine workings and other locations used in historic reporting
Mineral Resource estimation.
· Prior to 2003, drillholes were reported as NOM
· Specification of the grid system used.
· Field validation of historic collars shows historic holes were
· Quality and adequacy of topographic control. within 10-20m consistently and generally within 5m
· NETRP series holes have not been field validated and are
considered spatially indicative. Limited historical surface evidence indicates
the program occurring in the correct area.
Data spacing and distribution · Data spacing for reporting of Exploration Results. · All reported results are being reported as historic in nature
with no resource classification applied at this stage.
· Whether the data spacing and distribution is sufficient to establish
the degree of geological and grade continuity appropriate for the Mineral · Preliminary review of the historic data available has the
Resource and Ore Reserve estimation procedure(s) and classifications applied. potential to be used in a resource estimation, particularly at Blue Rose once
historic data validation has been completed.
· Whether sample compositing has been applied.
· Significant intersections have been calculated as downhole length
weighted averages.
Orientation of data in relation to geological structure · Whether the orientation of sampling achieves unbiased sampling of · Intersections are expected to be oblique to mineralization.
possible structures and the extent to which this is known, considering the
deposit type. · Drill orientation is not expected to have introduced bias to
grades reported
· If the relationship between the drilling orientation and the
orientation of key mineralised structures is considered to have introduced a
sampling bias, this should be assessed and reported if material.
Sample security · The measures taken to ensure sample security. · Samples are considered historic, no tampering with samples is
expected.
· HGRC series drillholes were zip tied in polyweave bags and sent
directly to the lab by Hamelin Gully contractors from the drill site in zip
tied Bulka bags.
Audits or reviews · The results of any audits or reviews of sampling techniques and data. · A full review of historic data is underway to ascertain historic
data confidence. Preliminary findings have shown drilling and assay data is of
a good quality and appropriate for further use.
Appendix 2: Section 2 reporting of exploration results
Criteria JORC Code explanation Commentary
Mineral tenement and land tenure status · Type, reference name/number, location and ownership including · EL's 6009, 6046 and 6646 are 100% Owned by Hamelin Gully Pty Ltd
agreements or material issues with third parties such as joint ventures, and are in good standing
partnerships, overriding royalties, native title interests, historical sites,
wilderness or national park and environmental settings. · A Native Title Mining Access Agreement is in Place between
Hamelin Gully and the Wilyakali Traditional Owners. A 1% over riding royalty
· The security of the tenure held at the time of reporting along is in place between Hamelin Gully and David Clarke,
with any known impediments to obtaining a licence to operate in the area.
·
Exploration done by other parties · Acknowledgment and appraisal of exploration by other parties. · A multitude of historic explorers have undertaken exploration
over the area.
· PacMag, Giralia, Lynas, Dominion, Panda and Hamelin Gully have
completed a number of geophysical, surface and drillhole exploration programs
across the tenement package. The tenement package has also had government
exploration undertaken over the Netley Hill, Anabama Hill and Blue Rose
Project areas. Exploration has primarily been focused on porphyry- skarn
copper and gold mineralization. Iron ore exploration has been undertaken on
the periphery of the exploration package
Geology · Deposit type, geological setting and style of mineralisation. · Mineralisation is associated with the Anabama Granite and
adjacent Adelaidean metasediments within the Nackara Arc of the Delamerian
Orogen.
· Deposit styles include:
· Porphyry Cu-Mo systems with greisen overprint hosted within the
granite.
· Skarn and replacement (manto-style) Cu-Au mineralisation
developed in carbonate metasediments proximal to intrusive contacts.
· Structurally controlled quartz-reef/orogenic gold styles within
folded Adelaidean sequences, analogous to the Manna Hill goldfield.
· Geological setting is characterised by early Palaeozoic granite
intrusion into Adelaidean platform sediments, with contact-related alteration
and deformation associated with the Delamerian Orogeny.
· Styles of mineralisation include disseminated and stockwork
sulphides (chalcopyrite, pyrite, molybdenite), carbonate
replacement/recrystallisation with sulphides, and quartz-sulphide reef systems
in shear/fold settings
Drillhole Information · A summary of all information material to the understanding of the · see appendix 3
exploration results including a tabulation of the following information for
all Material drill holes: · A full review and validation of all historic data is currently
being undertaken prior to the full report of all historic data.
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level - elevation above sea level in metres) of
the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
· If the exclusion of this information is justified on the basis
that the information is not Material and this exclusion does not detract from
the understanding of the report, the Competent Person should clearly explain
why this is the case.
Data aggregation methods · In reporting Exploration Results, weighting averaging techniques, · Significant intersections are calculated as length weighted
maximum and/or minimum grade truncations (eg cutting of high grades) and averages.
cut-off grades are usually Material and should be stated.
· Only metal equivalent values were applied within the cross
· Where aggregate intercepts incorporate short lengths of high section (Figure 4) to simplify overlapping intersections. The formula applied
grade results and longer lengths of low grade results, the procedure used for does not include metal recoveries and is therefore not a true representation
such aggregation should be stated and some typical examples of such of mineral economics. Applied formula is:
aggregations should be shown in detail.
· CuEq% = Cu% + ((Au (g/t) x (US$3,000/31.10348) / (US$9,000/100))
· The assumptions used for any reporting of metal equivalent values + ((Mo % x (US$40,000/100) / ($9,000/100))
should be clearly stated.
Relationship between mineralisation widths and intercept lengths · These relationships are particularly important in the reporting · Intercept lengths are oblique to mineralization with downhole
of Exploration Results. lengths reported only
· If the geometry of the mineralisation with respect to the drill · Further review of historic data is required before determining
hole angle is known, its nature should be reported. true drillhole width
· If it is not known and only the down hole lengths are reported,
there should be a clear statement to this effect (eg 'down hole length, true
width not known').
Diagrams · Appropriate maps and sections (with scales) and tabulations of · Relevant diagrams have been included in the announcement.
intercepts should be included for any significant discovery being reported
These should include, but not be limited to a plan view of drill hole collar · Exploration results are not being reported for existing mineral
locations and appropriate sectional views. resources.
· Additional collar locations in diagrams reflect spatial location
of historic data under review.
Balanced reporting · Where comprehensive reporting of all Exploration Results is not · Significant intersections have been reported to highlight
practicable, representative reporting of both low and high grades and/or exploration potential of the project. Upon completion of historic data review,
widths should be practiced to avoid misleading reporting of Exploration further reporting of existing results will be reported
Results.
Other substantive exploration data · Other exploration data, if meaningful and material, should be · Completion of historic exploration data is underway. All
reported including (but not limited to): geological observations; geophysical meaningful results will be released once the historic data review has been
survey results; geochemical survey results; bulk samples - size and method of completed.
treatment; metallurgical test results; bulk density, groundwater, geotechnical
and rock characteristics; potential deleterious or contaminating substances.
Further work · The nature and scale of planned further work (eg tests for · Finalisation of historic data review.
lateral extensions or depth extensions or large-scale step-out drilling).
· Planning for RC and diamond drilling at Blue Rose and Netley Hill
· Diagrams clearly highlighting the areas of possible extensions, Prospects underway; Drilling will aim to confirm geological interpretations
including the main geological interpretations and future drilling areas, and validate pervious intersections
provided this information is not commercially sensitive.
Appendix 3: Collar locations of reported intersections
BHID Easting Northing Elevation Dip Azimuth Length
BRDD003 429020 6388425 240 -60.8 172 227.8
BRRB11 428922 6388377 239 -90 0 48
BRRC18 429052 6388338 238 -90 0 100
GS2 437060 6398114 287 -60 340 40
GS27 437151 6398102 285 -60 162 40
GS29 437160 6398064 285 -60 162 40
GS3 437067 6398084 287 -60 344 70
GS4 437075 6398046 286 -60 343 40
HGRC0003 437090 6398076 286 -60 345 124
NTDD001 411017 6370179 280 -90 0 350
NETRP14 410433 6370263 280 -90 0 76
NETRP03 411053 6370125 280 -90 0 79
RABR186 429372 6388377 235 -90 0 40
RABR150 429272 6388357 237 -90 0 47
RABR151 429322 6388382 236 -90 0 60
RABR152 429372 6388357 236 -90 0 50
RABR155 429372 6388347 236 -60 172 23.5
RABR187 429372 6388297 237 -90 0 40
RABR191 429272 6388337 237 -90 0 37
RABR198 428822 6388403 239 -90 0 54
RABR203 428922 6388327 238 -90 0 51
RABR205 429022 6388352 239 -90 0 55
RABR209 429172 6388327 237 -90 0 59
RABR211 429321 6388278 237 -90 0 19
RABR212 429322 6388252 237 -90 0 63
RABR213 429322 6388227 236 -90 0 42
RABR214 429472 6388402 232 -90 0 46.5
RABR523 428872 6388327 238 -90 0 72
RABR609 428722 6388302 240 -90 0 54
RABR822 429348 6388361 236 -90 0 59
RBBR18 429322 6388177 235 -90 0 12
RCBR019 429322 6388337 237 -90 0 122
RCBR021 429127 6388342 238 -90 0 152
RCBR022 429122 6388377 238 -60 172 122
RCBR023 429122 6388327 238 -60 172 116
RCBR025 429322 6388377 236 -60 172 140
RCBR026 429322 6388327 237 -60 172 116
RCBR027 429422 6388352 234 -60 172 110
RCBR029D 429322 6388427 236 -60 172 219
RCBR030 429122 6388427 238 -60 172 188
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