REG - Future Metals NL - Company Update
29/10/2024 07:00
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RNS Number : 9566J Future Metals NL 29 October 2024
29 October 2024
Future Metals NL
Thick Mineralised Sulphide Zone Intersected at Eileen Bore & Discovery of
a New Sulphide Zone at Target 2
Highlights
· Drilling at Eileen Bore to confirm continuity of mineralisation in
historical drilling and test for depth extensions has intersected 122.7m of
variably mineralised ultramafic including a 39m zone of 25-30% blebby to
disseminated chalcopyrite-pyrrhotite mineralisation
· Drilling at a previously untested target ('Target 2') has
intersected over 200m of prospective ultramafic in EBDD003 with multiple zones
of disseminated to blebby sulphides including:
o 4.7m of 10-25% chalcopyrite, pyrrhotite, pentlandite from 127.6m; and
o 7.8m of 10-15% chalcopyrite, pyrrhotite, pentlandite from 255.5m
· Eileen Bore & Target 2 are located ~1km apart within a
100% owned exploration tenement
· Drill core is being prepared for laboratory submission with
mineralised zones to be prioritised
Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) is pleased
to announce initial observations from recently completed drilling at the
'Eileen Bore Prospect' and the adjacent previously undrilled 'Target 2',
within the Alice Downs Corridor. A total of four diamond holes were drilled
totaling 1,195.2m, co-funded by a recent Geological Survey of Western
Australia ("GSWA") EIS grant. Two diamond holes (EBDD001 and EBDD002) were
drilled at Eileen Bore to test for extensions and confirm continuity of wide
zones of copper and nickel mineralisation in historic drilling. A further two
diamond holes (EBDD003 and EBDD004) were drilled at Target 2 as a first pass
test of surface anomalism.
Figure One | Location of drill holes at the Eileen Bore Prospect (including
historical drilling intercepts EBRC010 and EBRC003) and Target 2, within the
Alice Downs Corridor
Eileen Bore Prospect:
Historical drilling at the Eileen Bore Prospect returned wide zones of
mineralisation, including:
· 120m @ 0.73% Cu, 0.29% Ni & 0.86g/t PGM(3E) from 0m (EOH) ((EBRC
010))
o Incl. 16m @ 1.0% Cu, 0.36% Ni & 0.99g/t PGM(3E) from 100m
· 96m @ 0.70% Cu, 0.29% Ni & 0.78g/t PGM(3E) from 24m (EOH) ((EBRC
003))
o Incl. 10m @ 1.08% Cu, 0.34% Ni & 1.04g/t PGM(3E) from 56m
The Company drilled hole EBDD002 between historical holes EBRC010 and EBRC003
to confirm historical results, test the continuity of mineralisation and to
test the true width of mineralisation given both historical holes EBRC010 and
EBRC003 ended in mineralisation.
EBDD002 intersected a 122.7m zone of varying sulphide mineralisation from
36.7m, with a 39m zone of 25-30% disseminated chalcopyrite and pyrrhotite from
79.9m. This zone is chalcopyrite dominant with remobilised pyrrhotite and
pentlandite veins. The mineralisation in EBDD002 is bounded by a 0.5m fault
within the ultramafic and is currently being reviewed to understand the
implications for the mineralisation at Eileen Bore and future targeting.
EBDD002 is located approximately 30m from historical holes EBRC010 and
EBRC003, demonstrating potential for continuity of mineralisation across a
broad area of the Eileen Bore Prospect.
The drilling at Eileen Bore suggests that the mineralisation is hosted in a
similar lithology as the Copernicus Deposit, consisting of serpentinsed
pyroxenite with varying percentages of interstitial blebby to disseminated
pyrrhotite-chalcopyrite ± pentlandite.
Photo One | Chalcopyrite dominant mineralisation in EBDD002
Target 2:
Target 2, located approximately 1km northeast of Eileen Bore, is an area that
has never seen previous drilling and is supported by magmatic
chalcopyrite-pyrrhotite mineralisation identified in petrography of peridotite
rock chips, and associated Ni-Cu, PGE and Au soil anomalism.
Drilling at Target 2 has intersected over 200m of prospective ultramafic, with
multiple zones of disseminated to blebby magmatic sulphides. Of particular
interest are a 4.7m intersection of 10-25% chalcopyrite, pyrrhotite,
pentlandite from 127.6m and a 7.8m intersection of 10-15% pyrrhotite,
chalcopyrite, pentlandite from 255.5m which indicate variable zones of
sulphide mineralisation within the 200m interval (refer Photo Two).
Similar to Eileen Bore, mineralisation intersected at Target 2 is hosted in
the same lithology unit, a serpentinised pyroxenite, as the Copernicus
Deposit.
Photo Two | A: Pyrrhotite-pentlandite-chalcopyrite mineralisation in EBDD003,
B: Chalcopyrite dominant mineralisation in EBDD002, C: Pyrrhotite-pentlandite
stringers in EBDD002
Logging of drill core is being completed and samples are being prepared for
assay submission. Mineralised zones will be sent to the laboratory first for
analysis with results expected to be announced in December 2024.
A summary of mineralisation logged in the four holes drilled is present in
Table One.
Table One | Mineralisation percentages, pXRF has confirmed chalcopyrite and
pentlandite mineralogy.
HoleID From To Lithology Mineralisation Style Minerals Present
EBDD001 123.9 128.6 Serpentinised Pyroxenite blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD001 128.9 132.2 Serpentinised Pyroxenite blebby to disseminated 5-10% pyrrhotite, chalcopyrite, pentlandite
EBDD001 132.2 134.35 Serpentinised Pyroxenite blebby to disseminated 1-5% chalcopyrite, pyrrhotite
EBDD001 134.35 135.3 Serpentinised Pyroxenite blebby to disseminated trace chalcopyrite, pyrrhotite
EBDD001 156.85 164.8 Serpentinised Pyroxenite disseminated trace pyrrhotite, chalcopyrite
EBDD001 164.8 164.9 Serpentinised Pyroxenite blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD001 170.05 172.7 Serpentinised Pyroxenite blebby to disseminated 1-5% pyrrhotite, chalcopyrite, pentlandite
EBDD001 212.78 220.2 Gabbro disseminated to blebby trace pyrrhotite, chalcopyrite, pyrite
EBDD001 220.2 220.3 Gabbro blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD001 220.3 256.05 Gabbro disseminated trace sulphide (very fine)
EBDD001 256.05 257.5 Gabbro blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD002 34.2 36.7 Altered Ultramafic disseminated trace pyrrhotite, chalcopyrite
EBDD002 36.7 47.2 Sediment disseminated 1-5% pyrrhotite, chalcopyrite, pyrite
EBDD002 47.2 55.8 Altered Ultramafic blebby to disseminated trace pyrrhotite, chalcopyrite
EBDD002 55.8 76.6 Altered Ultramafic blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD002 76.6 79.9 Altered Ultramafic disseminated 5-10% pyrrhotite, chalcopyrite
EBDD002 79.9 118.9 Serpentinised Pyroxenite disseminated 25-30% pyrrhotite, chalcopyrite, pentlandite
EBDD002 118.9 122.3 Altered Ultramafic disseminated 5-10% pyrrhotite, chalcopyrite
EBDD002 122.3 134.25 Altered Ultramafic disseminated 1-5% pyrrhotite, chalcopyrite
EBDD002 136.4 140.05 Sediment disseminated 5-10% pyrrhotite, chalcopyrite
EBDD003 48.3 48.5 Serpentinised Pyroxenite disseminated 1-5% pyrite
EBDD003 69.35 75.4 Serpentinised Pyroxenite disseminated trace pyrite
EBDD003 75.4 83.8 Serpentinised Pyroxenite disseminated trace pyrite, chalcopyrite
EBDD003 83.8 87.8 Serpentinised Pyroxenite disseminated 1-5% pyrrhotite, chalcopyrite
EBDD003 118.7 122.45 Serpentinised Pyroxenite disseminated 5-10% pyrrhotite, chalcopyrite
EBDD003 124.9 127.6 Serpentinised Pyroxenite disseminated 5-10% chalcopyrite, pyrrhotite
EBDD003 127.6 129.25 Serpentinised Pyroxenite blebby to disseminated 10-15% chalcopyrite, pyrrhotite, pentlandite
EBDD003 129.25 132.3 Serpentinised Pyroxenite blebby to disseminated 15-25% chalcopyrite, pyrrhotite, pentlandite
EBDD003 159.95 161.2 Serpentinised Pyroxenite blebby to disseminated 1-5% pyrrhotite, chalcopyrite
EBDD003 193.45 193.75 Serpentinised Pyroxenite disseminated trace pyrrhotite, chalcopyrite
EBDD003 239.9 242.2 Serpentinised Pyroxenite disseminated trace pyrrhotite, chalcopyrite
EBDD003 242.2 243.95 Serpentinised Pyroxenite disseminated 1-5% pyrrhotite, chalcopyrite
EBDD003 251.45 251.85 Altered Ultramafic disseminated 1-5% pyrrhotite, chalcopyrite
EBDD003 255.5 260.05 Serpentinised Pyroxenite disseminated 10-15% pyrrhotite, chalcopyrite, pentlandite
EBDD003 260.45 263.3 Serpentinised Pyroxenite disseminated 10-15% pyrrhotite, chalcopyrite, pentlandite
EBDD003 263.3 288.5 Altered Ultramafic disseminated trace pyrrhotite, chalcopyrite
EBDD003 288.5 316 Sediment disseminated trace pyrite
EBDD004 32.8 34.9 Gabbro disseminated 1-5% pyrrhotite, pyrite
EBDD004 122.8 123.3 Serpentinised Pyroxenite disseminated 1-5% pyrrhotite, chalcopyrite
EBDD004 140.3 140.7 Pyroxenite disseminated 5-10% pyrrhotite, chalcopyrite
EBDD004 140.7 142.8 Pyroxenite disseminated trace pyrrhotite
EBDD004 142.8 143 Pyroxenite disseminated 1-5% pyrrhotite, chalcopyrite
Table Two | Holes drilled in MGA94 Zone 52
HoleID Easting Northing RL EOH Dip Azi Drill Type Prospect
EBDD001 389556 8039930 384 296.2 -60 120 Diamond Eileen Bore
EBDD002 389580 8039890 384 275.4 -60 120 Diamond Eileen Bore
EBDD003 390537 8040350 382 316 -60 120 Diamond Target 2
EBDD004 390464 8040384 382.6 307.6 -60 115 Diamond Target 2
The previous announcements that are relevant to this announcement:
· 13 February 2024 | Multiple Drill Targets Identified Over an 18km
Strike at the Recently Acquired Alice Downs Corridor.
· 9 October 2024 | Drilling Underway as Eileen Bore.
The Company confirms that it is not aware of any information or data that
materially affects the information included in the said original announcements
and the form and context in which the Competent Persons' findings are
presented have not materially modified from the original market announcements.
This announcement has been authorised and approved for release by the Board.
For further information, please contact:
Future Metals NL
+61 8 9480 0414
Patrick Walta info@future-metals.com.au (mailto:info@future-metals.com.au)
Strand Hanson Limited (Nominated Adviser) +44 (0) 207 409 3494
James Bellman/Rob Patrick
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as is forms part of United Kingdom domestic law pursuant to
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.
Competent Person's Statement
The information in this announcement that relates to Exploration Results is
based on, and fairly represents, information compiled by Ms Barbara Duggan,
who is a Member of the Australasian Institute of Mining and Metallurgy and the
Australian Institute of Geoscientists. Ms Duggan is the Company's Principal
Geologist and has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the activity she
is undertaking to qualify as a competent person as defined in the 2012 Edition
of the "Australasian Code for reporting of Exploration Results, Exploration
Targets, Mineral Resources and Ore Reserves" (JORC Code). Ms Duggan consents
to the inclusion in this announcement of the matters based upon her
information in the form and context in which it appears.
Appendix 1 | JORC Code (2012) Edition Table 1
Eileen Bore Project
Section 1 Sampling Techniques and Data
Criteria JORC Code explanation Commentary
Sampling techniques § Nature and quality of sampling (eg cut channels, random chips, or specific Details of drilling completed within the release are reported in Table 2. No
specialised industry standard measurement tools appropriate to the minerals historic details are reported as they have been previously reported in ASX
under investigation, such as down hole gamma sondes, or handheld XRF release dated 3 February 2024: Multiple Drill Targets Identified Over an 18km
instruments, etc). These examples should not be taken as limiting the broad Strike at the Recently Acquired Alice Downs Corridor.
meaning of sampling.
§ Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used. § No analytical results are being reported only visually logged sulphide
percentages which includes sulphide type, percent and style of mineralisation
§ Aspects of the determination of mineralisation that are Material to the (see Table 1).
Public Report. In cases where 'industry standard' work has been done this
would be relatively simple (eg 'reverse circulation drilling was used to
obtain 1 m 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 is coarse gold that has inherent sampling problems. Unusual commodities
or mineralisation types (eg submarine nodules) may warrant disclosure of
detailed information.
Drilling techniques § Drill type (eg core, reverse circulation, open-hole hammer, rotary air § Diamond drilling was completed by Top Drill with holes starting HQ3
blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or and finishing in NQ2. The depth HQ3 core was determined based on ground
standard tube, depth of diamond tails, face-sampling bit or other type, conditions. A standard barrel was used.
whether core is oriented and if so, by what method, etc).
§ All core was oriented using Axis Mining Technology's Champ Ori Tool.
§ HQ3 core diameter is 61.1mm and NQ2 core diameter is 50.6mm
Drill sample recovery § Method of recording and assessing core and chip sample recoveries and § Each core run is measured for RQD and checked against the drillers core
results assessed. blocks. Any core loss is noted. To date, core recoveries have been good
with core loss only reported in structural zones.
§ Measures taken to maximise sample recovery and ensure representative nature
of the samples. § All drilling is planned to be as close to orthogonal to mineralisation
and geology as practicable to get representative samples of mineralisation.
§ Whether a relationship exists between sample recovery and grade and whether
sample bias may have occurred due to preferential loss/gain of fine/coarse § No historic relationship between recovery and grade has been identified
material. and there is not current analytical data being reported.
Logging § Whether core and chip samples have been geologically and geotechnically § All drill holes are logged on site by geologists to a level of detail to
logged to a level of detail to support appropriate Mineral Resource support appropriate Mineral Resource estimation, mining studies and
estimation, mining studies and metallurgical studies. metallurgical studies.
§ Whether logging is qualitative or quantitative in nature. Core (or costean, § Logging is qualitative and records lithology, grain size, texture,
channel, etc) photography. weathering, structure, alteration, veining and mineralisation. Core is
digitally photographed.
§ The total length and percentage of the relevant intersections logged.
§ All drillholes are logged in full.
Sub-sampling techniques and sample preparation § If core, whether cut or sawn and whether quarter, half or all core taken.
§ If non-core, whether riffled, tube sampled, rotary split, etc and whether § No analytical data is being reported.
sampled wet or dry.
§ For all sample types, the nature, quality and appropriateness of the sample
preparation technique.
§ 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
procedures used and whether the technique is considered partial or total.
§ No analytical data is being reported.
§ For geophysical tools, spectrometers, handheld XRF instruments, etc, the
parameters used in determining the analysis including instrument make and
model, reading times, calibrations factors applied and their derivation, etc.
§ Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (ie lack of bias) and precision have been established.
Verification of sampling and assaying § The verification of significant intersections by either independent or
alternative company personnel.
§ No analytical data is being reported.
§ The use of twinned holes.
§ All primary data: drill hole data, geological logging, sample intervals,
§ Documentation of primary data, data entry procedures, data verification, etc are all recorded digitally.
data storage (physical and electronic) protocols.
§ Data is stored in Future Metals' Datashed database.
§ Discuss any adjustment to assay data.
Location of data points § Accuracy and quality of surveys used to locate drill holes (collar and § All drill holes were located with handheld GPS.
down-hole surveys), trenches, mine workings and other locations used in
Mineral Resource estimation. § Downhole surveys are taken with Axis Mining Technology's north seeking
gyroscope at 5 m intervals down hole
§ Specification of the grid system used.
§ Future Metals' drilling is located using Map Grid of Australia 1994, Zone
§ Quality and adequacy of topographic control. 52.
§ The topographic control is considered to be <3m and is considered to be
adequate.
Data spacing and distribution § Data spacing for reporting of Exploration Results. § Diamond drill holes were drilled to selectively target key geological
targets that were untested. One hole, EBDD002, was between two historic
§ Whether the data spacing and distribution is sufficient to establish the holes that were 30m away.
degree of geological and grade continuity appropriate for the Mineral Resource
and Ore Reserve estimation procedure(s) and classifications applied. § The drill spacing is insufficient to estimate a mineral resource.
§ Whether sample compositing has been applied. §
Orientation of data in relation to geological structure § Whether the orientation of sampling achieves unbiased sampling of possible § No sampling data is being reported.
structures and the extent to which this is known, considering the deposit
type. § All drill holes were planned orthogonal to the geological contacts
§ If the relationship between the drilling orientation and the orientation of § Further work is underway to understand the key mineralised structures prior
key mineralised structures is considered to have introduced a sampling bias, to sampling of core.
this should be assessed and reported if material.
Sample security § The measures taken to ensure sample security. § No sampling data is being reported.
Audits or reviews § The results of any audits or reviews of sampling techniques and data. § No sampling data is being reported.
§ No audits or reviews of data has been undertaken,
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 agreements or § Future Metals Ltd acquired the Eileen Bore project within the Alice Downs
material issues with third parties such as joint ventures, partnerships, Corridor as part of the acquisition of Osprey Minerals Pty Ltd (OSP). The
overriding royalties, native title interests, historical sites, wilderness or Eileen Bore project comprises, E80/4923 and E890/5056 which are granted
national park and environmental settings. tenements with HPA's signed for all tenements.
§ The security of the tenure held at the time of reporting along with any § The project is within the traditional lands of the Malarngowen with the
known impediments to obtaining a licence to operate in the area. necessary agreements in place with representatives of the Native Title Owners.
§ There are no known impediments to working in the area.
Exploration done by other parties § Acknowledgment and appraisal of exploration by other parties. Eileen Bore Prospect
§ Exploration has been recorded since the 1970s. The most significant
exploration was the discovery of the Cabernet (now Copernicus) and Shiraz
prospects by WMC in 1975 and the Eileen Bore prospect by Australian Anglo
American (Anglo) in 1975.
§ In 1978, WMC drilled 3 holes at Eileen Bore (in paper, handwritten
form) and entered a joint venture with Anglo which ended in 1983. During
this time, an additional 11 holes were drilled with up to 15% sulphide
intersected and best grades being 19m @ 0.41% Ni, 1.06% Cu in EP5. Graphitic
zones were observed up to 4m in some drill holes.
§ In 1987, Dry Creek Mining completed 11 holes, stream sediment and
rock chip sampling. The drill program was based on the EM survey and follow
up ground magnetics and soil geochemistry. The drilling indicated a target
that is fault bounded and inclined steeply to the south east. The
ultramafic-mafic sequence has an apparent width of 75m. Mineralisation is
disseminated and comprised of pyrite, chalcopyrite and pyrrhotite.
§ From 2001 to 2004, Thundelarra completed extensive exploration: 20 RC
holes, Ground fixed loop EM-magnetics, petrography as well as rock, soil and
stream sediment sampling. The focus of this work was at Eileen Bore proper
with additional targets identified along strike between Eileen Bore and
Copernicus. Two main targets were identified from the EM survey with drilling
identifying mineralisation associated with disseminated pyrrhotite, pyrite and
chalcopyrite that remained open at depth.
§ From 2004-2005, Lionore, in joint venture with Thundelarra, completed
further surface sampling, RC drilling, surface and downhole geophysical
surveys. Ground IP was completed in the Eileen Bore area (50m stations on
200m line spacing) to cover known mineralisation as well as potential strike
extensions to the north and south as well as over the Eileen Bore East
pyroxenite. The chargeability data over Eileen Bore defined a linear trend
coincident and extending beyond the known disseminated mineralisation over a
2.2km strike length.
§ From 2009-2011, Panoramic Resources and Thundelarra completed at
VTEM survey over the entire Eileen Bore Project as well as Falcon Gravity and
magnetics. No drilling or further work was completed as it was determined
that the source of the EM anomalies was due to the presence of graphitic
shales within the Tickalarra Sediments.
§ From 2013-2014, Iron Ore Holdings completed a review and had SGC
(geophysical consultants) completed a detailed review of the geophysical data
including EM, gravity and magnetics. Based on the SGC review, Eileen Bore
remained as a high-moderate priority target.
§ Since Osprey have held the tenure, an auger program has been completed
covering a small area around and to the south of Eileen Bore. No further
drilling has been completed.
Geology § Deposit type, geological setting and style of mineralisation. § The Project contains a series of differentiated pyroxenite and gabbro
intrusions emplaced along a structural corridor, the Alice Downs Fault, which
represents a major north-northeast trending splay off the deep-seated mantle
tapping Halls Creek Fault. Broad zones of disseminated and net-textured Cu
and Ni sulphides occur within the host pyroxenite intrusions and are comprised
of chalcopyrite, pyrrhotite, pentlandite and pyrite. The intrusions are
emplaced into the Tickalarra metamorphics which include paragneiss (pelites,
psammites), amphibolites and marble.
Drill hole Information § A summary of all information material to the understanding of the § Details of all drill holes reported in this announcement are provided in
exploration results including a tabulation of the following information for the associated tables, in the body of the text and on related figures.
all Material drill holes:
§ No information material to the understanding of the exploration results has
o easting and northing of the drill hole collar been excluded.
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, maximum § No analytical results are being reported.
and/or minimum grade truncations (eg cutting of high grades) and cut-off
grades are usually Material and should be stated.
§ Where aggregate intercepts incorporate short lengths of high-grade results
and longer lengths of low-grade results, the procedure used for such
aggregation should be stated and some typical examples of such aggregations
should be shown in detail.
§ The assumptions used for any reporting of metal equivalent values should be
clearly stated.
Relationship between mineralisation widths and intercept lengths § These relationships are particularly important in the reporting of § No analytical results are being reported.
Exploration Results.
§ If the geometry of the mineralisation with respect to the drill hole angle
is known, its nature should be reported.
§ 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 intercepts § Relevant maps and diagrams have been included in the body of this report.
should be included for any significant discovery being reported These should
include, but not be limited to a plan view of drill hole collar locations and § No cross section is presented as logging and geological interpretation is
appropriate sectional views. still ongoing at the time of release.
Balanced reporting § Where comprehensive reporting of all Exploration Results is not § All historic drill results have been previously reported in ASX release
practicable, representative reporting of both low and high grades and/or
widths should be practiced to avoid misleading reporting of Exploration
Results.
Other substantive exploration data § Other exploration data, if meaningful and material, should be reported § All relevant data has been included within this report.
including (but not limited to): geological observations; geophysical survey
results; geochemical survey results; bulk samples - size and method of
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 lateral § Detail geological logging of the structures is underway prior to sampling
extensions or depth extensions or large-scale step-out drilling). analysis.
§ Diagrams clearly highlighting the areas of possible extensions, including § Data interpretation including the processed results of the ground gravity
the main geological interpretations and future drilling areas, provided this survey are expected by the end of November.
information is not commercially sensitive.
§ All analytical results expected early December.
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