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REG - Greatland Gold PLC - Scallywag Drill Results




 



RNS Number : 8550V
Greatland Gold PLC
19 April 2021
 

 

19 April 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Greatland Gold plc

("Greatland" or "the Company")

 

Scallywag Drill Results

 

Results provide further evidence of the potential for intrusion-related mineralised systems at Scallywag, confirming the area's prospectivity and meriting further exploration

 

Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, announces the results of the remaining four drill holes from the 2020 drilling campaign at its 100% owned Scallywag licence. The Company has identified multiple new targets to conduct further drill testing. Greatland's 2021 drilling in the Paterson is expected to commence in the coming weeks.

 

The Scallywag drill programme reported here is the first stage of an extended drilling programme across Greatland's 100% licences and the Juri Joint Venture. During 2020 a total of seven drill holes were completed for 3,761m testing targets at the Kraken, London and Blackbeard prospects. Assay results have now been received for the remaining four holes (LOD002, LOD003, KRD002 and KRD003) in addition to the results of the first three holes released on 20 January 2021.

 

Highlights of 2020 Drill Results

 

§ Drill results provide further evidence of pathfinder element anomalism potentially distal to intrusion-related mineralised systems, and potentially along strike of the current drilling

§ At the Kraken target, assay and logging confirm the intersection of prospective target lithologies and pathfinder element anomalisms including silver, copper, bismuth and lead  

 

New Targets Identified

 

§ Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified multiple new targets within the Scallywag licence

§ New targets include "Architeuthis", a 600m long magnetic anomaly located 1km north of Kraken and 9km north-west along strike of Havieron, and which may represent primary mineralisation along the Scallywag Synform

 

High Grade Anomaly

 

§ At the London target, initial sample results reported very high-grade intercepts of silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W) in the interval 349.0 - 350.0m in LOD003

§ These results were suspected to be contamination. Accordingly, prior to public release, check resampling and analysis was undertaken of washed 1/4 core and the results confirmed (Appendix II, "Check" sample phase results). Notwithstanding the confirmation, it remains probable that the interval may be caused by contamination and not representative of the rock mass. The Company intends to confirm whether this may be the result of downhole contamination with follow up drilling scheduled for the upcoming drill programme

 

Next Steps

 

§ A staged exploration programme is set to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets

§ Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area

§ Drilling is expected to be ongoing throughout the 2021 and 2022 field seasons

 

Shaun Day, Chief Executive Officer of Greatland Gold plc, commented:

 

"We may only be in the first stages of an extensive drilling programme, yet these results provide further evidence that the Scallywag licence is prospective for intrusion-related mineralised systems. In particular, it is very pleasing that initial targets have once more intersected pathfinder elements associated with systems seen nearby at Havieron and Telfer, and regionally at Winu. 

 

"Greatland has established a proven approach to exploration that brought it much success at Havieron: drill selective targets, analyse the information and refine targets to unlock value from our projects. With these encouraging initial drill results, we now have a significantly enhanced understanding of Scallywag's geology and have been able to identify multiple compelling targets that merit follow-up drilling in the coming weeks and months, particularly Swan, Teach and Architeuthis. These will form an important part of the comprehensive exploration campaign we are conducting across our 100% licences and our Juri Joint Venture."

 

 

In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website: www.greatlandgold.com/media/jorc/ 

 

Further Information on Drilling Results from Scallywag

 

The Company completed a total of seven holes for 3,761m at Scallywag during the 2020 field season, testing targets at the Kraken, London and Blackbeard prospects. Exploration work at Scallywag is focussed on the discovery of intrusion related gold-copper deposits such as Havieron, Telfer and Winu.

 

The 2020 Scallywag drill programme was designed to test a series of Induced Polarisation ('IP'), magnetic altered or demagnetised geophysical targets located around the closure and limbs of the Scallywag Syncline, a tight fold structure located to the west of the Havieron discovery. The Syncline folds a package of Puntapunta Formation calcareous sediments and overlying Wilki Formation siliciclastic sediments, with a prominent magnetic anomaly marking the contact between the two units. The Puntapunta Formation sediments host the Havieron Au-Cu system on the east limb of the Scallywag Syncline, some 8.5km east south east of the fold nose or closure of the Syncline.

 

Three targets have been tested by seven drill holes, of which results for the last four drill holes are reported today: KRD002 and KRD003 on the Kraken prospect, and LOD002 and LOD003 around the London prospect, for 1,842m of drilling. Results for the first three drill holes (BLD001, KRD001 and LOD001) were reported in January 2021 ("Initial Scallywag Drill Results and New Targets Identified", dated 20/1/2021).

 

Kraken

 

The Kraken target comprises a combined magnetic and IP anomaly located near the nose of the Scallywag Syncline.

 

Designed to test the Kraken magnetic anomaly hole, KRD002 was drilled to a total depth of 504.5m, intersecting Wilki Formation quartz rich sediments overlying Puntapunta Formation calcareous sediments beneath the base of Permian at 256.8m downhole (all depths are reported as downhole depths). The magnetic anomaly is sourced in the basal Wilki and upper Puntapunta calcareous rocks. No significant gold or copper intersections are reported, although anomalous pathfinder elements (including silver, bismuth, copper and lead) are reported locally. Anomalous results are listed in Appendix I.  The maximum gold assay of 0.112ppm Au over 0.5m from 249m is hosted in the Permian cover.

 

Holes KRD003 was drilled to a total depth of 468.8m, testing the nose of the Scallywag Syncline, and intersected basement Puntapunta Formation calcareous sediments including magnetic units, beneath the base of Permian at 231.3m. Anomalous results are listed in Appendix I.      

 

London

 

The London target comprises an IP anomaly located on the edge of an interpreted granite body (gravity low) intruding along the magnetic east limb of the Scallywag Syncline and displaying potential demagnetisation or apparent truncation of the magnetic Wilki Formation sedimentary unit. The IP anomaly could represent skarn type mineralisation on or near the edge of the interpreted granite body. 

 

LOD002 was drilled to a total depth of 414.9m and intersected basement Wilki Formation quartz rich siliciclastic sediments below 307.1m of Permian cover. No anomalous results were reported.

 

LOD003 was drilled in the core of the Scallywag Syncline, testing an IP target near the interpreted axial plane of the Syncline.  The drill hole intersected Wilki Formation sediments below base of Permian at 284.7m. Initial sample results reported very high silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W, as listed in Appendix II, "Initial" sample phase results) in the interval 349.0- 350.0m, hosted in quartzite but including a 10cm interval of clay, apparently located at the end of a drill run.

 

There is a risk that this high-grade intercept is downhole contamination. Accordingly, prior to public release, check re-sampling and analysis was undertaken of washed 1/4 core. This re-sampling confirmed the very high silver, copper and tungsten results (Appendix II, "Check" sample phase results), but with the high-grade sample now restricted to the interval of clay postulated to be at the end of the drill run. It is probable that this material is contamination. The silver-copper-tungsten metal association can be typical of drilling tools with tungsten carbide teeth and silver solder sourced from a broken drill bit introduced into the drill hole. Therefore, the interval may not be representative of the rock mass. The Company intends to confirm whether this is actual mineralisation, or a result of downhole contamination, with a follow-up drill hole during the 2021 field season.

 

Summary of Drilling Results and Conclusions

 

The assay results from the four holes presented above are consistent with the first three drill holes, intersecting prospective lithologies (Puntapunta Formation) and pathfinder element (silver, copper and bismuth) anomalism, potentially the distal signature of intrusion related mineralised systems. Follow-up drilling is recommended to test for further development of brecciated and mineralised lithologies, in particular along strike at the "Teach" target, and at the newly defined "Architeuthis" magnetic target, described below.

 

These results and targets will be further assessed and ranked against the multiple targets within the Company's 100% owned ground and Farm-in/JV areas. Drilling of the Company's many existing targets, including targets identified in the 2020 airborne EM survey, is planned to commence in the coming weeks.

 

New Magnetic Target "Architeuthis" and Future Drilling Plans

 

Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified a new target within the Scallywag licence named "Architeuthis". Located in the hinge of the Scallywag Syncline, Architeuthis comprises an elongate, probably tabular north east trending and west south west dipping magnetic anomaly, around 600m long, hosted in Puntapunta Formation rocks. The anomaly is in a similar stratigraphic position to Havieron but located around 9km to the north west along strike. The magnetic anomaly has a footprint of around 600m x 150m. Architeuthis may represent primary mineralisation along the Scallywag Synform providing the possible distal mineralisation and pathfinder element response as seen in the 2020 Scallywag drilling.

 

Additional drill hole information is presented in Appendices I, II, III and IV. Drill hole collar locations are shown in Figure 1.

 

The Scallywag drill programme comprises the first stage of an extended drilling programme across Greatland's 100% Scallywag licence and the Juri Joint Venture (Greatland 75%; Newcrest 25% with the right to earn 75%). Greatland's future work comprises a staged exploration programme designed to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets. Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis targets. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area. Drilling is expected to be ongoing through the 2021 and 2022 field seasons.

 

A regional map showing the Havieron licence area with regional targets and adjacent landholdings can be found at: www.greatlandgold.com/paterson

 

 

Competent Person:

 

Information in this announcement pertaining to Reporting of Exploration Results has been reviewed and approved by Mr John McIntyre, a Member of the Australian Institute of Geoscientists (MAIG), who has more than 30 years relevant industry experience. Mr McIntyre is a full-time consultant to the Company and has no financial interest in Greatland Gold plc or its related entities. Mr McIntyre has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil & Gas Companies, which outline standards of disclosure for mineral projects. Mr McIntyre consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. Mr McIntyre confirms that the Company is not aware of any new information or data that materially affects the information included in the relevant market announcements, and that the form and context in which the information has been presented has not been materially modified.

 

Additional information on the project can be found on the Company's website at www.greatlandgold.com/paterson/ 

 

In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website: www.greatlandgold.com/media/jorc 

 

 

Enquiries:

 

Greatland Gold PLC

Shaun Day/Callum Baxter

Tel: +44 (0)20 3709 4900

Email:  info@greatlandgold.com

www.greatlandgold.com

 

SPARK Advisory Partners Limited (Nominated Adviser)

Andrew Emmott/James Keeshan

Tel: +44 (0)20 3368 3550

 

Berenberg (Joint Corporate Broker and Financial Adviser)

Matthew Armitt/Jennifer Wyllie/Detlir Elezi

Tel: +44 (0)20 3207 7800

 

Hannam & Partners (Joint Corporate Broker and Financial Adviser)

Andrew Chubb/Matt Hasson/Jay Ashfield

Tel: +44 (0)20 7907 8500

 

SI Capital Limited (Joint Broker)

Nick Emerson/Alan Gunn

Tel:  +44 (0)14 8341 3500

 

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Alexis Gore/Joe Quinlan

Tel: +44 (0)20 7618 9100

 

 

Notes for Editors:

 

Greatland Gold plc is a London Stock Exchange AIM-listed (AIM:GGP) natural resource exploration and development company with a current focus on precious and base metals.

 

The Company's flagship asset is the world class Havieron gold-copper deposit in the Paterson region of Western Australia. This asset is held in joint venture with Newcrest Mining Ltd. Havieron is located approximately 45km east of Newcrest's Telfer gold mine, processing plant and existing infrastructure.

 

The box cut and decline to develop the Havieron ore body was commenced in February 2021. In addition, a substantial ongoing growth drilling programme is presently underway at Havieron which is being undertaken in conjunction with preparation of a Pre-Feasibility Study. The PFS is expected to be released in late calendar 2021.

 

The Joint Venture Agreement includes tolling principles reflecting the intention of the parties that, subject to positive decision to mine, the resulting joint venture mineralised material will be processed at Telfer.

 

Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.

 

The Company is actively investigating a range of new opportunities in Australia for precious and strategic metals.

 

 

APPENDIX I

Scallywag Project (Greatland Gold plc 100%): Anomalous Drill Hole Results, Greatland Drilling (refer to Appendix II for selection criteria)

Hole ID

Depth From

Depth To

Sample ID

Au ppm

Ag ppm

As  ppm

Bi ppm

Cu  ppm

Pb ppm

KRD002

249.0000

249.5000

SCD10658

0.1120

1.01

1.4

0.09

9.1

14.3

KRD002

264.5000

265.0000

SCD10691

-0.0050

-0.05

0.8

8.78

29.4

10.7

KRD002

292.0000

292.5000

SCD10750

0.0260

0.06

-0.5

6.44

540.9

28.6

KRD002

294.0000

294.5000

SCD10754

-0.0050

0.05

-0.5

6.09

267.7

31.4

KRD002

296.5000

297.0000

SCD10761

0.0090

-0.05

-0.5

5.89

594.8

30.0

KRD002

297.0000

297.5000

SCD10762

0.0090

0.17

-0.5

8.48

660.4

30.0

KRD002

314.0000

315.0000

SCD10781

0.0120

-0.05

-0.5

5.71

152.2

20.7

KRD002

329.0000

330.0000

SCD10798

0.0070

0.05

-0.5

5.99

224.1

30.0

KRD002

342.0000

343.0000

SCD10813

0.0440

2.67

-0.5

0.61

8.8

13.8

KRD002

404.0000

405.0000

SCD10879

-0.0050

-0.05

-0.5

7.81

199.6

32.6

KRD002

424.0000

425.0000

SCD10901

-0.0050

0.08

0.5

6.72

148.8

159.3

KRD002

466.0000

467.0000

SCD10947

-0.0050

0.53

0.5

5.94

115.2

141.3

KRD003

240.5000

241.0000

SCD11142

0.0160

0.24

2.1

10.64

114.8

51.3

KRD003

241.0000

241.5000

SCD11143

0.0060

0.15

0.8

5.05

46.5

73.1

KRD003

298.0000

299.0000

SCD11236

0.0070

-0.05

-0.5

6.43

92.9

80.2

KRD003

299.0000

300.0000

SCD11237

0.0090

0.10

-0.5

5.31

37.6

92.2

KRD003

355.0000

356.0000

SCD11297

-0.0050

0.43

0.9

5.49

106.3

137.6

KRD003

384.0000

385.0000

SCD11328

-0.0050

0.45

1.5

1.99

62.5

230.6

KRD003

396.0000

397.0000

SCD11342

0.0430

0.51

-0.5

9.13

529.5

7.9

"-" indicates half the detection limit in a below detection limit assay result.

 

 

 

 

APPENDIX II

LOD003 - anomalous Ag-Cu-W results and check sampling

Sample Phase

Sample ID

Depth From

Depth To

Interval

Lithology

Au_ppm

Ag_ppm

Cu_ppm

Ni_ppm

W_ppm

Initial

SCD12038

347.00

348.00

1.00

Quartzite

-0.0050

-0.05

3.4

57.2

3.7

Initial

SCD12039

348.00

349.00

1.00

Quartzite

-0.0050

-0.05

3.7

6.7

0.6

Initial

SCD12040

349.00

350.00

1.00

Quartzite

-0.0050

872.00

1137.2

67.3

2000.0

Initial

SCD12041

350.00

351.00

1.00

Quartzite

-0.0050

3.51

5.9

3.6

9.5

Initial

SCD12042

351.00

352.00

1.00

Quartzite

-0.0050

0.56

5.2

3.7

3.5

Check

LOD003001

344.00

344.50

0.50

Quartzite

-0.005

0.09

17.7

34.9

1.5

Check

LOD003002

344.50

345.00

0.50

Quartzite

-0.005

-0.005

8

6.8

1.1

Check

LOD003003

345.00

345.50

0.50

Quartzite

-0.005

-0.005

3.7

4.7

0.7

Check

LOD003004

345.50

346.00

0.50

Quartzite

-0.005

-0.005

4

5.6

0.8

Check

LOD003005

346.00

346.50

0.50

Quartzite

-0.005

-0.005

4.1

5.6

0.6

Check

LOD003006

346.50

347.00

0.50

Quartzite

-0.005

-0.005

4.9

51.8

3.4

Check

LOD003007

347.00

347.50

0.50

Quartzite

-0.005

0.06

3.5

52.4

3.7

Check

LOD003008

347.50

348.00

0.50

Quartzite

-0.005

-0.005

5.3

61.2

4.5

Check

LOD003009

348.00

348.50

0.50

Quartzite

-0.005

-0.005

5.1

7.9

1.5

Check

LOD003010

348.50

349.00

0.50

Quartzite

-0.005

0.08

3.3

7

1.3

Check

LOD003011

349.00

349.35

0.35

Quartzite

-0.005

0.16

4.8

5.1

1.9

Check

LOD003012

349.35

349.45

0.10

Green puggy clays

0.021

>500.00

10036.8

556.9

>2000.0

Check

LOD003013

349.45

350.00

0.55

Quartzite

-0.0050

11.25

19.8

5.7

76.3

Check

LOD003014

350.00

350.50

0.50

Quartzite

0.008

3.46

5.3

3.7

33.8

Check

LOD003015

350.50

351.00

0.50

Quartzite

-0.0050

2.11

3.9

4.1

17.5

Check

LOD003016

351.00

351.50

0.50

Quartzite

-0.0050

1.77

4.1

3.7

12.4

Check

LOD003017

351.50

352.00

0.50

Quartzite

-0.0050

1.86

5.3

3.3

12.7

Check

LOD003018

352.00

352.50

0.50

Quartzite

-0.0050

1.43

3.8

3.2

8.2

Check

LOD003019

352.50

353.00

0.50

Quartzite

-0.0050

1.7

4.1

3.4

9.5

Check

LOD003020

353.00

353.50

0.50

Quartzite

-0.0050

1.29

7.9

9.6

6.9

Check

LOD003021

353.50

354.00

0.50

Quartzite

-0.0050

1.2

6.6

26.7

10.7

Check

LOD003022

354.00

354.50

0.50

Quartzite

-0.0050

1.23

3.5

19.2

4.7

Check

LOD003023

354.50

355.00

0.50

Quartzite

-0.0050

1.15

3.8

3.4

3.9

"-" indicates half the detection limit in a below detection limit assay result.

 

 

APPENDIX III

JORC Code, 2012 Edition - Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria

JORC Code explanation

Commentary

Sampling techniques

·     Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation)

·     Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.

·     Aspects of the determination of mineralisation that are Material to the Public Report.

·     In cases where 'industry standard' work has been done this would be relatively simple (e.g. '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 (e.g. submarine nodules) may warrant disclosure of detailed information.

·     Greatland samples comprise half core material in generally 1m lengths (NQ core) or 0.5m lengths (in PQ core). All basement and the basal 20m of the Permian cover was sampled. Core was cut using an automated core-cutter.

·     Historical drilling- no sampling reported.

Drilling techniques

·     Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc.).

·     RC precollars were followed by PQ then NQ diamond drill core to EOH.

·     The core is oriented using a Reflex mark III tool, nominally every core run (around 6m).

·     Historical drilling- see Appendix IV.

Drill sample recovery

·     Method of recording and assessing core and chip sample recoveries and results assessed.

·     Measures taken to maximise sample recovery and ensure representative nature of the samples.

·     Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.

·     Recovery is measured on core and reconciled against driller's depth blocks in each core tray. Basement core recovery is typically around 100%;

·     No specific measures have been taken to maximise recovery, other than employing skilled drillers;

·     Half core cut along orientation lines assist in sample representivity;

·     No relationship between recovery and grade has been observed;

·     Historical drilling- no sampling reported.

Logging

·     Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.

·     Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography.

·     The total length and percentage of the relevant intersections logged.

·   The logging is of sufficient quality to support a Mineral Resource estimate and comprises a combination of quantitative and qualitative features. The entire hole is logged;

·   Geological logging recorded qualitative descriptions of lithology, alteration, mineralisation, veining, and structure including orientation of key geological features;

·   Geotechnical measurements were recorded including Rock Quality Designation (RQD) fracture frequency, solid core recovery and qualitative rock strength measurements;

·   Magnetic susceptibility measurements were recorded every metre using a KT20 machine;

·   The bulk density of selected drill core intervals was determined at site on whole core samples.

·   Digital data was recorded on site and stored in an SQL database;

·   All drill cores were photographed, prior to cutting and sampling the core;

·   Historical drilling- no sampling reported and logging not reviewed.

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 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.

·     Drill core samples were freighted by road to the laboratory. All core is cut with a core saw, and half core sampled;

·     The samples are assayed at Intertek (Perth, WA).  Samples were dried at 105oC, and the bulk of the samples pulverised (using LM5) to produce a pulped product. Oversize primary samples were crushed and a 3kg subsample then milled with the LM5 mill.

·     Sub sampling is reduced to minimum by using total sample pulverization prior to sub sampling wherever possible;

·     The sample sizes (2-3kg) are considered appropriate for the material being sampled;

·     Historical drilling- no sampling reported.

 

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.

·     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 (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.

·     The samples were assayed for Au by a 50gm fire assay and for a multi-element scan using 4 acid digest and MS and OES finish for pathfinder and lithogeochemical elements. The assays are considered total rather than partial;

·     Greatland QA/QC procedures include using reference samples and field duplicate samples every 25 samples, in addition to the laboratories in- house QA/QC methods;

·     Analysis of the quality control sample assay results indicates that an acceptable level of accuracy and precision has been achieved and the database contains no analytical data that has been numerically manipulated;

·     Historical drilling- no sampling reported.

Verification of sampling and assaying

·     The verification of significant intersections by either independent or alternative company personnel.

·     The use of twinned holes.

·     Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.

·     Discuss any adjustment to assay data.

·     No significant assay intervals were reported;

·     Samples suspected of downhole contamination from drilling equipment (see discussion in text of announcement) have been re-assayed and flagged as low priority assays in the database;

·     No twinned holes have been completed;

·     All data entry procedures, including original logging, sample depth selection for sampling and recording of sample numbers are recorded digitally in an electronic database;

·     Historical drilling- no sampling reported;

·     There are no adjustments to assay data, other than below detection samples are reported at negative one half the detection limit.

Location of data points

·     Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.

·     Specification of the grid system used.

·     Quality and adequacy of topographic control.

·     Drill collar locations were surveyed using handheld GPS. RL's were collected with the same GPS;

·     Drill rig alignment was attained using a handheld compass;

·     Downhole survey was collected every 30m in diamond drill core segments of the drill hole using a single shot Axis Mining Champ Gyro;

·     The topography is generally low relief to flat, elevation within the dune corridors in ranges between 250-265m AHD steepening to the southeast;

·     All collar coordinates are provided in the Geocentric Datum of Australian (GDA20 Zone 51). All relative depth information is reported in Australian Height Datum (AHD);

·     Historical drilling- where recorded holes are located by GPS with +/-30m accuracy.

Data spacing and distribution

·     Data spacing for reporting of Exploration Results.

·     Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.

·     Whether sample compositing has been applied.

·     Drill holes are individual exploration holes targeting specific targets, and are not part of a grid pattern;

·     Not applicable in early stage exploration;

·     No sample compositing has been applied;

·     Historical drilling has comprised generally vertical holes on a nominal 400m x 400m grid - no sampling reported.

Orientation of data in relation to geological structure

·     Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.

·     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.

·     Drilling is oriented at various angles to folded layering, and to identified sulphide mineralized structures. The relationship to possible mineralized structures is unknown at this stage;

·     Historical drilling- no sampling or structure reported.

Sample security

·     The measures taken to ensure sample security.

·     The security of samples is controlled by tracking samples from drill rig to database;

·     Entire core samples are delivered by company personnel to a freight company in Port Hedland for delivery by road freight to the assay lab in Perth, where the core is cut and sampled;

·     Historical drilling- not recorded.

Audits or reviews

·     The results of any audits or reviews of sampling techniques and data.

·     No audits or reviews have been completed.

 

 

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria

JORC Code explanation

Commentary

Mineral tenement and land tenure status

·     Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.

·     The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.

·     The Scallywag tenement E45/4701 is 100% owned by Greatland Pty Ltd.

·     The tenement is subject to a Land Access Agreement (LAA) with Western Desert Lands Aboriginal Corporation.

 

Exploration done by other parties

·     Acknowledgment and appraisal of exploration by other parties.

·     No previous on ground exploration has been completed in the vicinity of the reported Greatland drilling.

·     Historical work comprised shallow drilling in the north end of the Scallywag tenement (72 generally aircore holes, averaging 47.3m deep, 4 RAB holes (average 68m) and 9 RC holes (average 96.3m) by companies including Newcrest and Normandy Exploration Limited.

·     Historical reports (WAMEX "A" numbers) are referenced in Appendix V.

Geology

·     Deposit type, geological setting and style of mineralisation.

·     Exploration is for intrusion related Au-Cu deposits similar to Telfer, Havieron and Winu, all located in Neo-Proterozoic Yeneena Group sediments of the Paterson Province, Western Australia.

Drill hole Information

·     A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:

easting and northing of the drill hole collar

elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar

dip and azimuth of the hole

down hole length and interception depth

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.

·     Greatland drill hole collar details are listed in Appendix IV and anomalous results in Appendix I.

·     Historical drill hole collar details are listed in Appendix V. No results are reported.

Data aggregation methods

·     In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. 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.

·     No significant results have been reported, and no data aggregation methods have been applied.

·     Where anomalous results are quoted (Appendix III) the samples have been selected as follows (note that the database comprises 1047 samples):

Au >0.1ppm (1 samples);

Ag >2ppm (1 samples);

Cu >500ppm (4 samples);

Bi >5ppm (16 samples);

Pb >200ppm (1 samples) and

Zn >1000ppm (No samples)

·     Historical drilling- no sampling reported.

Relationship between mineralisation widths and intercept lengths

·     These relationships are particularly important in the reporting of 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 (e.g. 'down hole length, true width not known').

·     No significant results are reported, and there is no known relationship between reported widths and the geometry of any mineralization.

Diagrams

·     Appropriate maps and sections (with scales) and tabulations of 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 locations and appropriate sectional views.

·     Maps are provided in Figure 1. No significant discovery is reported and no sections are provided.

Balanced reporting

·     Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.

·     The reporting is considered balanced.

Other substantive exploration data

·     Other exploration data, if meaningful and material, should be reported 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.

·     No other substantive exploration data other than that provided in the figures.

Further work

·     The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).

·     Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.

·     Further drilling in the Scallywag Anticline- Syncline pair is planned for 2021, in addition to drilling of AEM targets including the Swan target, closer to Black Hills to the north west of the existing drilling.

 

 

 

APPENDIX IV

Scallywag Project (Greatland Gold plc 100%): Drill Hole Collar Locations, Greatland Drilling 

 

Hole_ID

Max_Depth

Orig_Grid_ID

Orig_East

Orig_North

Orig_RL

Dip

Azimuth

BLD001

593.85

MGA94_51

456565

7600400

259

-90

0

KRD001

748.5

MGA94_51

456025

7601340

249

-70

107

KRD002

504.5

MGA94_51

456570

7601165

250

-70

282

KRD003

468.8

MGA94_51

456286

7601433

250

-55

12

LOD001

576.6

MGA94_51

457665

7600335

246

-70

46

LOD002

414.9

MGA94_51

457930

7600060

247

-65

250

LOD003

454.3

MGA94_51

456590

7600755

249

-70

56

 

 

APPENDIX V

Scallywag Project (Greatland Gold plc 100%): Historical and GPL Drill Hole Collar Locations

Hole_ID

Hole Type

A-number

Year

Max Depth

Grid_ID

East_MGA

North_MGA

RL

Azimuth

Hole Dip

Survey_Method

ANK200

RAB

97054

2012

Newcrest Mining Ltd

56

MGA94_51

453812

7599209

242

 

 

Not recorded

ANK201

RAB

 

 

 

75

MGA94_51

457008

7597839

245

 

 

Not recorded

ANK209

RAB

97054

2012

            "

67

MGA94_51

450638

7603379

243

 

 

Not recorded

ANK210

AC

97054

2012

            "

61

MGA94_51

445077

7605341

241

 

 

Not recorded

ANK211

RAB

97054

2012

            "

75

MGA94_51

449738

7605474

245

 

 

Not recorded

ANK213

AC

 

 

 

75

MGA94_51

459387

7603561

255

 

 

Not recorded

ANK390

AC

97054

2012

            "

100

MGA94_51

453888

7599209

241

 

 

Not recorded

ANK391

AC

97054

2012

            "

56

MGA94_51

450338

7601259

243

 

 

Not recorded

ANK392

AC

97054

2012

            "

69

MGA94_51

448838

7603959

244

 

 

Not recorded

BHR17

RC

101401

2013

            "

114

MGA94_51

446718

7607748

247

 

 

Not recorded

BHR18

RC

101401

2013

            "

120

MGA94_51

446498

7607654

252

 

 

Not recorded

BHR19

RC

101401

2013

            "

119

MGA94_51

446245

7607576

250

 

 

Not recorded

BHR20

RC

101401

2013

            "

85

MGA94_51

446052

7607498

246

 

 

Not recorded

BHR21

RC

101401

2013

            "

106

MGA94_51

446052

7607498

246

 

 

Not recorded

BHR22

RC

101401

2013

            "

132

MGA94_51

445786

7607436

247

 

 

Not recorded

BHR23

RC

101401

2013

            "

48

MGA94_51

445786

7607436

247

 

 

Not recorded

BHR24

RC

101401

2013

            "

34

MGA94_51

445538

7607347

247

 

 

Not recorded

TEA08001

AC

84215

2003

            "

120

MGA94_51

455238

7601304

245

360

-90

GPS +/- 30m

TEA08002

AC

84215

2003

            "

115

MGA94_51

457049

7599947

243

360

-90

GPS +/- 30m

TEA08004

AC

84215

2003

            "

123

MGA94_51

456179

7600958

244

360

-90

GPS +/- 30m

YAC1606

AC

57453

1998

Normandy Exploration Ltd

1.1

MGA94_51

448119

7604348

243

360

-90

GPS +/- 30m

YAC1607

AC

57453

1998

              "

4

MGA94_51

447732

7604372

245

360

-90

GPS +/- 30m

YAC1608

AC

57453

1998

              "

3.1

MGA94_51

447511

7604428

244

360

-90

GPS +/- 30m

YAC1609

AC

57453

1998

              "

4

MGA94_51

447138

7604449

244

360

-90

GPS +/- 30m

YAC1610

AC

57453

1998

              "

5

MGA94_51

446448

7604349

252

360

-90

GPS +/- 30m

YAC1611

AC

57453

1998

              "

6.5

MGA94_51

446106

7604384

256

360

-90

GPS +/- 30m

YAC1612

AC

57453

1998

              "

3

MGA94_51

445661

7604449

251

360

-90

GPS +/- 30m

YAC1613

AC

57453

1998

              "

41

MGA94_51

444728

7604778

260

360

-90

GPS +/- 30m

YAC1614

AC

57453

1998

              "

15

MGA94_51

446519

7606022

247

360

-90

GPS +/- 30m

YAC1615

AC

57453

1998

              "

39

MGA94_51

443726

7606369

250

360

-90

GPS +/- 30m

YAC1616

AC

57453

1998

              "

42

MGA94_51

444875

7607587

250

360

-90

GPS +/- 30m

YAC1617

AC

57453

1998

              "

6

MGA94_51

446148

7607558

247

360

-90

GPS +/- 30m

YAC1618

AC

57453

1998

              "

30

MGA94_51

446344

7607550

251

360

-90

GPS +/- 30m

YAC1619

AC

57453

1998

              "

24

MGA94_51

446544

7607530

250

360

-90

GPS +/- 30m

YAC1620

AC

57453

1998

              "

42

MGA94_51

446746

7607495

248

360

-90

GPS +/- 30m

YAC1733

AC

57453

1998

              "

68

MGA94_51

443343

7604361

260

360

-90

GPS +/- 30m

YAC1734

AC

57453

1998

              "

83

MGA94_51

444070

7604333

260

360

-90

GPS +/- 30m

YRB1276

AC

60010

1999

              "

42

MGA94_51

447006

7607596

250

360

-90

GPS +/- 30m

YRB1277

AC

60010

1999

              "

53

MGA94_51

447345

7607553

251

360

-90

GPS +/- 30m

YRB1278

AC

60010

1999

              "

15

MGA94_51

447740

7607566

251

360

-90

GPS +/- 30m

YRB1279

AC

60010

1999

              "

29

MGA94_51

448140

7607560

246

360

-90

GPS +/- 30m

YRB1280

AC

60010

1999

              "

23

MGA94_51

448544

7607559

250

360

-90

GPS +/- 30m

YRB1281

AC

60010

1999

              "

31

MGA94_51

448916

7607540

254

360

-90

GPS +/- 30m

YRB1282

AC

60010

1999

              "

61

MGA94_51

449337

7607459

250

360

-90

GPS +/- 30m

YRB1283

AC

60010

1999

              "

50

MGA94_51

449341

7607163

246

360

-90

GPS +/- 30m

YRB1284

AC

60010

1999

              "

38

MGA94_51

448944

7607161

246

360

-90

GPS +/- 30m

YRB1285

AC

60010

1999

              "

23

MGA94_51

448538

7607164

246

360

-90

GPS +/- 30m

YRB1286

AC

60010

1999

              "

29

MGA94_51

448144

7607158

248

360

-90

GPS +/- 30m

YRB1287

AC

60010

1999

              "

37

MGA94_51

448938

7606763

249

360

-90

GPS +/- 30m

YRB1288

AC

59339

1998

              "

83

MGA94_51

449540

7606359

247

360

-90

GPS +/- 30m

YRB1289

AC

59339

1998

              "

35

MGA94_51

448737

7606360

248

360

-90

GPS +/- 30m

YRB1290

AC

59339

1998

              "

56

MGA94_51

448153

7606384

250

360

-90

GPS +/- 30m

YRB1291

AC

60010

1999

              "

29

MGA94_51

448131

7606707

250

360

-90

GPS +/- 30m

YRB1292

AC

60010

1999

              "

32

MGA94_51

447744

7606740

250

360

-90

GPS +/- 30m

YRB1293

AC

60010

1999

              "

41

MGA94_51

447332

7606760

247

360

-90

GPS +/- 30m

YRB1294

AC

60010

1999

              "

31

MGA94_51

446932

7606762

247

360

-90

GPS +/- 30m

YRB1295

AC

60010

1999

              "

62

MGA94_51

446532

7606763

247

360

-90

GPS +/- 30m

YRB1296

AC

60010

1999

              "

63

MGA94_51

446132

7606762

246

360

-90

GPS +/- 30m

YRB1297

AC

60010

1999

              "

38

MGA94_51

447718

7606339

247

360

-90

GPS +/- 30m

YRB1298

AC

60010

1999

              "

65

MGA94_51

447336

7606362

246

360

-90

GPS +/- 30m

YRB1299

AC

60010

1999

              "

56

MGA94_51

446934

7606358

248

360

-90

GPS +/- 30m

YRB1300

AC

60010

1999

              "

55

MGA94_51

446546

7606361

250

360

-90

GPS +/- 30m

YRB1301

AC

60010

1999

              "

80

MGA94_51

446138

7606360

251

360

-90

GPS +/- 30m

YRB1302

AC

60010

1999

              "

65

MGA94_51

445749

7606385

251

360

-90

GPS +/- 30m

YRB1303

AC

60010

1999

              "

59

MGA94_51

445732

7606705

247

360

-90

GPS +/- 30m

YRB1304

AC

60010

1999

              "

62

MGA94_51

445338

7606758

246

360

-90

GPS +/- 30m

YRB1305

AC

60010

1999

              "

80

MGA94_51

444539

7606763

248

360

-90

GPS +/- 30m

YRB1306

AC

60010

1999

              "

80

MGA94_51

444142

7607162

247

360

-90

GPS +/- 30m

YRB1307

AC

60010

1999

              "

44

MGA94_51

443340

7607164

245

360

-90

GPS +/- 30m

YRB1308

AC

60010

1999

              "

49

MGA94_51

444939

7607161

247

360

-90

GPS +/- 30m

YRB1309

AC

60010

1999

              "

44

MGA94_51

447731

7607157

249

360

-90

GPS +/- 30m

YRB1310

AC

60010

1999

              "

53

MGA94_51

447335

7607161

246

360

-90

GPS +/- 30m

YRB1311

AC

60010

1999

              "

80

MGA94_51

446935

7607167

245

360

-90

GPS +/- 30m

YRB1312

AC

60010

1999

              "

29

MGA94_51

446544

7607162

250

360

-90

GPS +/- 30m

YRB1313

AC

60010

1999

              "

25

MGA94_51

446537

7607539

250

360

-90

GPS +/- 30m

YRB1314

AC

60010

1999

              "

29

MGA94_51

446128

7607560

246

360

-90

GPS +/- 30m

YRB1315

AC

60010

1999

              "

31

MGA94_51

446141

7607165

248

360

-90

GPS +/- 30m

YRB1316

AC

60010

1999

              "

59

MGA94_51

445742

7607175

251

360

-90

GPS +/- 30m

YRB1317

AC

60010

1999

              "

62

MGA94_51

445743

7607560

245

360

-90

GPS +/- 30m

YRB1318

AC

60010

1999

              "

32

MGA94_51

445335

7607560

246

360

-90

GPS +/- 30m

YRB1319

AC

60010

1999

              "

50

MGA94_51

445340

7607211

251

360

-90

GPS +/- 30m

YRB1320

AC

60010

1999

              "

89

MGA94_51

444931

7607565

250

360

-90

GPS +/- 30m

YRB1321

AC

60010

1999

              "

59

MGA94_51

444543

7607579

243

360

-90

GPS +/- 30m

YRB1322

AC

60010

1999

              "

32

MGA94_51

443737

7607560

250

360

-90

GPS +/- 30m

 

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