REG - Greatland Gold PLC - Havieron Exploration and Development Update
25/01/2023 07:00
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RNS Number : 8046N Greatland Gold PLC 25 January 2023
25 January 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A
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Greatland Gold plc
Havieron Exploration and Development Update
Significant progress advancing the decline with 1,519 metres completed with
new record high advancement rates achieved
Drilling reinforces potential for continued resource growth with high grade
mineralised
intercepts identified in the Eastern Breccia and Northern Breccia
Greatland Gold plc (AIM:GGP) ("Greatland" or "Company") is pleased to provide
an exploration and development update for Havieron, its flagship gold-copper
project located in the Paterson region of Western Australia.
The Company notes that its 70% Havieron joint venture partner, Newcrest Mining
Ltd ("Newcrest") today released its Quarterly Exploration Report and Quarterly
Report for the three months ended 31 December 2022 which included results
released in Greatland's announcement of 8 December 2022 as well as new
exploration results which are set out in this announcement.
HIGHLIGHTS
Accelerated decline development
§ Development of the decline has accelerated with 1,519 metres advanced (as
at 18 January 2023)
§ Improved ground conditions and the transition to drilling and blasting of
the development face has seen an acceleration of development with project
record rates of advancement achieved
Expanded high grade mineralisation with significant new growth drilling
results
§ Drilling has continued to define both high grade material within the
Eastern Breccia and Northern Breccia
§ Summary results as follows (noting that the intercepts reported below are
downhole width and not true width):
Eastern Breccia
HAD134W1
§ 42.0m @ 2.4 g/t Au & 0.43% Cu from 1,542m
HAD152W4
§ 86.0m @ 0.88g/t Au & 0.05% Cu from 2,056m
HAD163W1
§ 171.1m @ 0.68g/t Au & 0.04% Cu from 1,458m (including 32m @ 1.5g/t Au
& 0.09% Cu from 1,492m)
HAD164W2
§ 68.0m @ 0.9g/t Au & 0.14% Cu from 1,411m
Northern Breccia
HAD098W8
§ 137.0m @ 1.0g/t Au & 0.10% Cu from 1,110m
§ 22.0m @ 8.1g/t Au & 0.14% Cu from 1,287m
§ In 2023, the drilling campaign is intended to focus on growth targets and
ongoing resource infill for the lower South East Crescent Zone
§ Testing of geophysical targets within the broader mining lease continues
§ Drilling activities will be ramping up following the wet season with three
rigs scheduled to be on site in February 2023
Feasibility Study update
§ Various value enhancing workstreams to maximise value and de-risk the
project continue to be progressed as part of the Feasibility Study
§ An update on timing expectations for the study is expected as these options
are further assessed
Shaun Day, Greatland Managing Director, commented: "Tremendous progress has
been achieved in advancing the decline in recent months. The improved ground
conditions has enabled record rates of advancement."
"Results from the growth drilling programme towards the end of 2022 continued
to identify higher grade extensions to the mineralisation in the Northern
Breccia and Eastern Breccia."
"The success of the drilling programme supports the expectation for Havieron
to deliver an expanded mineral resource estimate."
HAVIERON ACTIVITIES UPDATE
Background
Havieron, a gold-copper project located in the Paterson region of Western
Australia, is a 30:70 joint venture between Greatland and Newcrest
respectively ("Joint Venture"). Havieron was discovered by Greatland in 2018
with Newcrest having earned into the project.
The Joint Venture commenced drilling during the June 2019 quarter and has
completed 288,664 metres of drilling. The Joint Venture commenced the box
cut and decline in February 2021 and Feasibility Study work remains ongoing.
Havieron is located approximately 45km east of Newcrest's Telfer mine.
Subject to a positive Feasibility Study and decision to mine, it is
contemplated that the Joint Venture will leverage the existing Telfer
infrastructure and processing plant.
A regional map showing the Havieron licence area with regional targets and
adjacent landholdings is available at www.greatlandgold.com/paterson
(https://greatlandgold.com/paterson/)
Drilling Update
A further 5,580 metres of drilling from 7 new holes has been completed since
Greatland's last RNS Announcement on 8 December 2022 titled "Havieron
Exploration and Development Update".
Assay results are now reported from 1 new hole completed during this period
and from 9 holes completed during the previous period (see Figures 1 and 2
below). Of these, 4 holes returned significant assay intercepts in excess of
50 gram metres of gold (Au ppm x length metres). A total of 7 holes have been
completed with assay results pending. All reported results are set out in
Appendix 2 of this RNS Announcement.
Figure 1. 3D Plan view schematic showing the spatial association of the
current growth targets, SE Crescent, Northern Breccia, NW Pod and Eastern
Breccia targets in relation to the existing mineralised extents. Also
highlighted are all newly reported growth drilling result locations.
Growth drilling has been focused on the Northern Breccia and Eastern Breccia
and on testing the mineral systems depth potential, while camp-scale
exploration holes are underway to test targets outside the main Havieron
mineralised system (Figure 2).
Figure 2. Plan view schematic of a horizontal slice at 3850mRL through
Havieron Mineral System, showing the extents of the 0.5, 1.0 g/t & 2.0g/t
Au LeapfrogTM grade shells with highlighted newly reported intercepts for this
period. This diagram highlights new >50gram metres intersections. Refer to
the inset diagram for relationship to all Havieron drilling.
The Joint Venture continues with a growth drilling programme which has the
potential to expand the Havieron Mineral Resource (see Newcrest ASX
Announcement, 19 August 2022, Annual Mineral Resources and Ore Reserves
Statement as at 30 June 2022).
Assays have been received for 6 holes targeting strike and depth extensions of
the Eastern Breccia. A further 2 holes are drilled with results pending. The
Eastern Breccia is developed below the 4,100RL (all relative depth ("RL")
information is reported in Australian Height Datum ("AHD") +5,000 metres) with
a footprint of over 500m in strike, up to 200m in width, and over 250m in
vertical extent.
The zone of high-grade mineralisation returned in HAD134W1 (42.0m @ 2.4 g/t Au
& 0.43% Cu) represents one of the recently defined northwest trending
internal higher-grade sulphide dominated domains with strong similarities to
the high grade South East Crescent, in the Eastern Breccia (see Figure 5).
This mineralisation, along with much of the Eastern Breccia system, remain
open at depth.
Summary results include:
HAD134W1
§ 42.0m @ 2.4 g/t Au & 0.43% Cu from 1,542m
HAD152W4
§ 86.0m @ 0.88g/t Au & 0.05% Cu from 2,056m
HAD163W1
§ 171.1m @ 0.7g/t Au & 0.04% Cu from 1,458m
HAD164W2
§ 68.0m @ 0.9g/t Au & 0.14% Cu from 1411m
Assays have been received for 2 holes that were aimed at defining the
high-grade domains within the boarder Northern Breccia (see Figure 3 and
Figure 4). A further 3 holes are drilled with assays pending.
Summary results include:
HAD098W8
§ 137.0m @ 1.0g/t Au & 0.10% Cu from 1,110m
§ 22.0m @ 8.1 g/t Au & 0.14% Cu from 1,287m
HAD161
§ 77m @ 0.6g/t Au & 0.05% Cu from 1,134m
Drilling to test geophysical targets outside of the known Havieron mineralised
system, including evaluating the Havieron dolerite at multiple intervals north
and south of the Havieron mineralised envelope, revealed no significant
intercepts. Two holes testing to the northwest and southeast holes are
awaiting assays (HAD169 & HAD170).
Figure 3. Schematic plan view map showing announced section locations, drill
hole locations and significant intercepts reported in this release
superimposed on the interpreted geology horizontal slice at level 3850mRL.
(Previously reported holes are not shown for the sake of clarity. Note some
holes and results appear on multiple sections due to the sections' orientation
and sections' overlap.)
Figure 4. Schematic cross section of geology and significant new drillhole
intercepts (looking northwest, Section Line S1, +/-100m section width, as
shown in Figure 2 above). Due to section window size and orientation holes may
appear on multiple sections. This diagram highlights >50gram metres
intersections drilled during the period.
Figure 5. Schematic cross section of geology and significant new drillhole
intercepts (looking northeast, Section Line S2, +/-100m section width, as
shown in Figure 2. Due to section window size and orientation holes may appear
on multiple sections. This diagram highlights >50gram metres intersections
drilled during the period.
Figure 6. Schematic cross section of geology and significant new drillhole
intercepts (looking northeast, Section Line S3, +/-100m section width, as
shown in Figure 2 above. Due to section window size and orientation holes may
appear on multiple sections. This diagram highlights >50gram metres
intersections drilled during the period.
Development Update
Development of the decline saw ground conditions improve with 1,519 metres now
complete (as at 18 January 2023).
Advance rates for the decline continue to increase with the project's highest
daily average advancement rates being set since the last update in December
2022 after the transition to drilling and blasting of the development face.
Further progress continued to be constrained by geotechnical and
hydrogeological conditions.
Works are ongoing to progress the approvals and permits required for
construction and production at Havieron.
CONTACT
For further information, please contact:
Greatland Gold plc info@greatlandgold.com (mailto:info@greatlandgold.com)
Shaun Day www.greatlandgold.com (http://www.greatlandgold.com)
SPARK Advisory Partners Limited (Nominated Adviser) +44 (0)20 3368 3550
Andrew Emmott/James Keeshan
Berenberg (Joint Corporate Broker and Financial Adviser) +44 (0)20 3207 7800
Matthew Armitt/Jennifer Lee
Canaccord Genuity (Joint Corporate Broker and Financial Adviser) +44 (0)20 7523 8000
James Asensio/Patrick Dolaghan
SI Capital Limited (Joint Broker) +44 (0)14 8341 3500
Nick Emerson/Sam Lomanto
Gracechurch Group (Media and Investor Relations) +44 (0)20 4582 3500
Harry Chathli/Alexis Gore/Henry Gamble
Competent PersonS STATEMENT
Information in this announcement has been reviewed and approved by Mr Damien
Stephens, a Member of the Australian Institute of Mining and
Metallurgy (AUSIMM), who has more than 25 years relevant industry
experience. Mr Stephens, an employee of the Company, has sufficient
experience relevant to the style of mineralisation, 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
Stephens consents to the inclusion in this announcement of the matters based
on this information in the form and context in which it appears. Mr
Stephens 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.
APPENDIX 1
Havieron Joint Venture: JORC Table 1
Section 1 Sampling Techniques and Data
Criteria Commentary
Sampling techniques Core samples are obtained from core drilling in Proterozoic basement
lithologies. PQ-HQ and NQ diameter core was drilled on a 6m run. Core was cut
using an automated core-cutter and half core sampled at 1m intervals with
breaks for major geological changes. Sampling intervals range from 0.2 - 1.0m.
Cover sequences were not sampled.
Drilling techniques Permian Paterson Formation cover sequence was drilled using mud rotary
drilling. Depths of cover typically observed to approximately 420m vertically
below surface. Steel casing was emplaced to secure the pre-collar.
Core drilling was advanced from the base of the cover sequence with PQ3, HQ3
and NQ2 diameter coring configuration.
Core from inclined drill holes is oriented on 3m and 6m runs using an
electronic core orientation tool (Reflex ACTIII). At the end of each run, the
bottom of hole position is marked by the driller, which is later transferred
to the whole drill core run length with a bottom of hole reference line.
Drill sample recovery Core recovery is systematically recorded from the commencement of coring to
end of hole, by reconciling against driller's depth blocks in each core tray
with data recorded in the database. Drillers depth blocks provided the depth,
interval of core recovered, and interval of core drilled.
Core recoveries were typically 100%, with isolated zones of lower recovery.
Cover sequence drilling by the mud-rotary drilling did not yield recoverable
samples.
Logging Geological logging recorded qualitative descriptions of lithology, alteration,
mineralisation, veining, and structure (for all core drilled - 15,824m for 21
drill holes, all intersecting mineralisation), 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. The bulk
density of selected drill core intervals was determined at site on whole core
samples.
All geological and geotechnical logging was conducted at the Havieron site.
Digital data logging was captured on diamond drill core intervals only, and
all data validated and stored in an acQuire database.
All drill cores were photographed, prior to cutting and/or sampling the core.
The logging is of sufficient quality to support Mineral Resource estimates.
Sub-sampling techniques and sample preparation Sampling, sample preparation and quality control protocols are considered
appropriate for the material being sampled.
Core was cut and sampled at the Havieron core processing facility. Half core
samples of between 0.2 and 2.0 m were collected in pre-numbered calico bags
and grouped in plastic bags for dispatch to the laboratory. Sample weights
typically varied from 0.5 to 8kg. Sample sizes are considered appropriate for
the style of mineralisation. Drill core samples were freighted by air and road
to the laboratory.
Sample preparation was conducted at the independent ISO17025 accredited
Intertek Laboratory, Perth (Intertek). Samples were dried at 105(o)C, and
crushed to 95% passing 4.75mm, and the split to obtain up to 3kg sub-sample,
which was pulverised (using LM5) to produce a pulped product with the minimum
standard of 95% passing 106μm. Routine grind size analysis is conducted.
Duplicate samples were collected from crush and pulp samples at a rate of
1:20. Duplicate results show an acceptable level of variability for the
material sampled and style of mineralisation.
Periodic size checks (1:20) for crush and pulp samples and sample weights are
provided by the laboratory and recorded in the acQuire database.
Quality of assay data and laboratory tests Assaying of drill core samples was conducted at Intertek. All samples were
assayed for 48 elements using a 4-acid digestion followed by ICP-AES/ICP-MS
determination (method 4A/MS907), which is considered to provide a total assay
for copper. Gold analyses were determined by 50g fire assay with AAS finish
(method FA50N/AA), which is considered to provide a total assay for gold.
Sampling and assaying quality control procedures consisted of inclusion of
certified reference material (CRMs), coarse residue and pulp duplicates with
each batch (at least 1:20).
Assays of quality control samples were compared with reference samples in
acQuire database and verified as acceptable prior to use of data from analysed
batches.
Laboratory quality control data, including laboratory standards, blanks,
duplicates, repeats and grind size results are captured in the acQuire
database and assessed for accuracy and precision for recent data.
Extended quality control programmes including pulp samples submitted to an
umpire laboratory and combined with more extensive re-submission programmes
have been completed.
Analysis of the available 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.
The assaying techniques and quality control protocols used are considered
appropriate for the data to be used for reporting exploration drilling
results.
Verification of sampling and assaying Sampling intervals defined by the geologist are electronically assigned sample
identification numbers prior to core cutting. Corresponding sample numbers
matching pre-labelled calico bags are assigned to each interval.
All sampling and assay information were stored in a secure acQuire database
with restricted access.
Electronically generated sample submission forms providing the sample
identification number accompany each submission to the laboratory. Assay
results from the laboratory with corresponding sample identification are
loaded directly into the acQuire database.
Assessment of reported significant assay intervals was verified by re-logging
of diamond drill core intervals and assessment of high resolution core
photography. The verification of significant intersections has been completed
by company personnel and the Competent Person/Qualified Person.
No adjustments are made to assay data, and no twinned holes have been
completed.
There are no currently known drilling, sampling, recovery, or other factors
that could materially affect the accuracy or reliability of the data.
Location of data points Drill collar locations were surveyed using a differential GPS with GNSS with a
stated accuracy of +/- 0.5m for all drill holes reported.
Drill rig alignment was attained using an electronic azimuth aligner. Downhole
survey was collected at 6-12m intervals in the cover sequence, and every 6 to
30m in diamond drill core segments of the drill hole using single shot (Axis
Mining Champ Gyro). The single shot surveys have been validated using
continuous survey to surface (Axis Mining Champ) along with a selection of
drill holes re-surveyed by an external survey contactor using a DeviGyro tool
- confirming sufficient accuracy for downhole spatial recording.
A LIDAR survey was completed over the project area in Nov 2019 which was used
to prepare a DEM / topographic model for the project with a spatial accuracy
of +/- 0.1m vertical and +/- 0.3m horizontal. The topography is generally low
relief to flat, elevation within the dune corridors in ranges between 250-265m
Australian Height Datum (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 AHD +5000m.
Data spacing and distribution Within the South-East Crescent and Breccia zone drill hole spacing ranges from
50 to 100m, to 50 by 50m within the resource extents. Outside the initial
resource boundary drill hole spacing ranges from 50 to 200m in lateral extent
within the breccia zone over an area of ~2km(2). The data spacing is
sufficient to establish the degree of geological and grade continuity.
Significant assay intercepts remain open. Further drilling is required to
determine the extent of currently defined mineralisation. No sample
compositing is applied to samples.
Drilling intersects mineralisation at various angles.
Orientation of data in relation to geological structure Drill holes exploring the extents of the Havieron mineral system intersect
moderately dipping carbonate and siliclastic sedimentary facies, mineralised
breccia and sub-vertical intrusive lithologies. Geological modelling has been
interpreted from historic and Newcrest drill holes.
Variable brecciation, alteration and sulphide mineralisation is observed with
a footprint with dimensions of 650m x 350m trending in a north west
orientation and over 1000m in vertical extent below cover.
The subvertical southeast high grade arcuate crescent sulphide zone has an
average thickness of 20m and has been defined over a strike length of up to
550m, and extended to over 700m in vertical extent below cover.
Drilling direction is oriented to intersect the steeply dipping high-grade
sulphide mineralisation zones at an intersection angle of greater than 40
degrees. The drilled length of reported intersections is typically greater
than true width of mineralisation.
Sample security The security of samples is controlled by tracking samples from drill rig to
database.
Drill core was delivered from the drill rig to the Havieron core yard every
shift. On completion of geological and geotechnical logging, core processing
was completed by Newcrest personnel at the Havieron facility.
High resolution core photography and cutting of drill core was undertaken at
the Havieron core processing facilities.
Samples were freighted in sealed bags by air and road to the Laboratory, and
in the custody of Newcrest representatives. Sample numbers are generated
directly from the database. All samples are collected in pre-numbered calico
bags.
Verification of sample numbers and identification is conducted by the
laboratory on receipt of samples, and sample receipt advise issued to
Newcrest.
Details of all sample movement are recorded in a database table. Dates, Hole
ID sample ranges, and the analytical suite requested are recorded with the
dispatch of samples to analytical services. Any discrepancies logged at the
receipt of samples into the analytical services are validated.
Audits or reviews Internal reviews of core handling, sample preparation and assays laboratories
were conducted on a regular basis by both project personnel and owner
representatives.
In the Competent Person's opinion, the sample preparation, security and
analytical procedures are consistent with current industry standards and are
entirely appropriate and acceptable for the styles of mineralisation
identified and will be appropriate for use in the reporting of exploration
results and Mineral Resource estimates. There are no identified drilling,
sampling or recovery factors that materially impact the adequacy and
reliability of the results of the drilling programme in place at the Havieron
Project.
Section 2 Reporting of Exploration Results
Criteria Commentary
Mineral tenement and land tenure status The Havieron Project is entirely contained within mining tenement M45/1287,
which is jointly owned by Greatland Pty Ltd and Newcrest Operations Limited.
Newcrest has entered into a Joint Venture Agreement (effective 30 November
2020) and Farm-In Agreement (effective 12 March 2019) with Greatland Pty Ltd
and Greatland Gold plc. Newcrest is the manager of the Havieron Project and
holds a 70% interest (Greatland Gold holds a 30% interest).
Newcrest and Jamukurnu-Yapalikurnu Aboriginal Corporation (JYAC, formerly
WDLAC) are parties to an ILUA which relates to the use of native title land
for Newcrest's current operations at Telfer and its activities within a 60km
radius around Telfer and includes its exploration activities at Havieron. The
parties have agreed that the ILUA will apply to any future development
activities by the Joint Venture Participants (Newcrest and Greatland Gold) at
Havieron.
The mining tenement M45/1287 wholly replaces the 12 sub-blocks of exploration
tenement E45/4701 (former part of the exploration tenement on which the
Havieron Project is based) and was granted on 10 September 2020.
Exploration done by other parties Newcrest completed six core holes in the vicinity of the Havieron Project from
1991 to 2003. Greatland Gold completed drill targeting and drilling of nine
Reverse Circulation (RC) drill holes with core tails for a total of
approximately 6,800m in 2018. Results of drilling programmes conducted by
Greatland Gold have previously been reported on the Greatland Gold website.
Drilling has defined an intrusion-related mineral system with evidence of
breccia and massive sulphide-hosted higher-grade gold-copper mineralisation.
Geology The Havieron Project is located within the north-western exposure of the
Palaeo-Proterozoic to Neoproterozoic Paterson Orogen (formerly Paterson
Province), 45 km east of Telfer. The Yeneena Supergroup hosts the Havieron
prospect and consists of a 9km thick sequence of marine sedimentary rocks and
is entirely overlain by approximately 420m of Phanerozoic sediments of the
Paterson Formation and Quaternary aeolian sediments.
Gold and copper mineralisation at Havieron consist of breccia, vein and
massive sulphide replacement gold and copper mineralisation typical of
intrusion-related and skarn styles of mineralisation. Mineralisation is hosted
by metasedimentary rocks (meta-sandstones, meta-siltstones and meta-carbonate)
and intrusive rocks of an undetermined age. The main mineral assemblage
contains well developed pyrrhotite-chalcopyrite and pyrite sulphide mineral
assemblages as breccia and vein infill, and massive sulphide lenses. The main
mineralisation event is associated with
amphibole-carbonate-biotite-sericite-chlorite wall rock alteration. Drilling
has partially defined the extents of mineralisation which are observed over
650m by 350m within an arcuate shaped mineralised zone, and to depths of up to
1400m below surface.
Drill hole Information As provided.
Data aggregation methods Significant assay intercepts are reported as (A) length-weighted averages
exceeding 1.0g/t Au greater than or equal to 10m, with a maximum of 5m
consecutive internal dilution; and (B) length-weighted averages exceeding
0.2g/t Au for greater than or equal to 20m, with a maximum of 10m consecutive
internal dilution with a final grade greater than 0.5g/t Au, and (C) intervals
of >30g/t which are greater or equal to 30 gram metres (Au_ppm x length).
No top cuts are applied to intercept calculations.
Relationship between mineralisation widths and intercept lengths Significant assay intervals reported represent apparent widths. Drilling is
not always perpendicular to the dip of mineralisation and true widths are less
than downhole widths. Estimates of true widths will only be possible when all
results are received, and final geological interpretations have been
completed.
Diagrams As provided.
Balanced reporting This is the twenty-fourth release of Exploration Results for this project made
by Newcrest. Exploration results have been reported by Newcrest since July
2019.
Earlier reporting of exploration programs conducted by Newcrest and Greatland
Gold have previously been reported. Exploration drilling programmes are
ongoing and further material results will be reported in subsequent Newcrest
releases.
Other substantive exploration data Nil
Further work Growth drilling is targeting the extensions of the 30 June 2022 Indicated and
Inferred Mineral Resource estimate and to define the limits of the Havieron
mineralised system.
APPENDIX 2
Drillhole Data and Au- Cu Significant Intersections for Havieron Joint Venture
Reporting Criteria: Intercepts reported are downhole drill width (not true
width) Au >0.20ppm (0.2g/t Au) and minimum 20m downhole width with maximum
consecutive internal dilution of 10m. Average grades are based on
length-weighting of samples grade, and only those intercepts with average
grades above 0.5g/t Au are reported. Also highlighted are high grade intervals
of Au >1.0ppm (1g/t Au) and minimum 10m downhole width with maximum
consecutive internal dilution of 5m, and intervals of >30g/t which are
greater or equal to 30 gram metres (Au_ppm x length) are tabled. Gold and
copper grades are reported to two significant figures, the downhole lengths
are rounded to 0.1m which may cause some apparent discrepancies in interval
widths. Samples are from core drilling which is PQ, HQ or NQ in diameter. Core
is photographed and logged by the geology team before being cut. Half core PQ,
HQ and NQ samples are prepared for assay and the remaining material is
retained in the core farm for future reference. Each assay batch is submitted
with duplicates and standards to monitor laboratory quality. Total depth (end
of hole) is rounded to one decimal place for reporting purposes. Collars
denoted with a * show partial results, with further significant assays to be
reported in subsequent exploration updates.
Hole ID Hole Type Easting (m) Northing (m) RL (m) Total Depth (m) Azimuth Dip From (m) To (m) Interval (m) Au (ppm) Cu (pct) Cut off
HAD087W1 MR-DD 464338 7598259 5258 1603.1 222 -70 Assays Pending
HAD098W8 MR-DD 463591 7597381 5264 1540.1 38 -61 1011 1049 38 0.8 0.22 0.2 g/t Au
1110 1247 137 1.0 0.1 0.2 g/t Au
1287 1309 22 8.1 0.14 0.2 g/t Au
HAD098W9 MR-DD 463591 7597381 5264 1666.1 38 -61 Assays Pending
HAD134W1 MR-DD 464778 7598425 5258 1795.1 225 -66 1542 1584 42 2.4 0.43 0.2 g/t Au
1604 1680 76 0.6 0.3 0.2 g/t Au
HAD134W2 MR-DD 464778 7598425 5258 1774.1 225 -66 Assays Pending
HAD152W4 MR-DD 463401 7597059 5254 2169.5 33 -64 1447 1495 48 0.95 0.09 0.2 g/t Au
incl. 1483 1493 10 1.9 0.19 1.0 g/t Au
1683 1710 27 0.53 0.13 0.2 g/t Au
2056 2142 86 0.88 0.05 0.2 g/t Au
incl. 2120 2130 10 4 0.04 1.0 g/t Au
HAD161 MR-DD 463407 7597519 5263 1518.5 38 -61 1134 1211 77 0.6 0.1 0.2 g/t Au
HAD161W1 MR-DD 463407 7597519 5263 1618 38 -61 Assays Pending
HAD163W1 MR-DD 464490 7598141 5258 1718.9 198 -80 1458 1629.1 171.1 0.68 0.04 0.2 g/t Au
incl. 1492 1524 32 1.5 0.09 1.0 g/t Au
HAD164 MR-DD 464444 7598227 5258 1089.6 220 -79 Abandoned Hole
HAD164W1 MR-DD 464444 7598227 5258 817.5 220 -79 Abandoned Hole
HAD164W2 MR-DD 464444 7598227 5258 1681.2 220 -79 1411 1479 68 0.9 0.14 0.2 g/t Au
HAD164W3 MR-DD 464444 7598227 5258 1738.3 220 -79 Assays Pending
HAD165 MR-DD 464067 7599163 5257 996.7 85 -65 No Significant Results
HAD166 MR-DD 464338 7598259 5258 770.5 218 -81 Abandoned Hole
HAD166W1 MR-DD 464338 7598259 5258 886.2 218 -81 Abandoned Hole
HAD166W2 MR-DD 464338 7598259 5258 1772.8 218 -81 1463 1524 61 0.5 0.050 0.2 g/t Au
HAD168 MR-DD 464463 7598018 5257 1040.3 210 -80 Abandoned Hole
HAD168W1 MR-DD 464463 7598018 5257 1045.6 211 -80 Abandoned Hole
HAD168W2 MR-DD 464463 7598018 5257 1634.5 211 -80 1487 1523 36 0.89 0.02 0.2 g/t Au
HAD169 MR-DD 464308 7597211 5260 865 76 -56 Assays Pending
HAD170 MR-DD 463275 7598285 5254 780.7 60 -60 Assays Pending
MEC001W1 MR-DD 463151 7595778 5253 1143.2 45 -73 No Significant Results
(#)drilling in progress. **partial intercept, assays pending. ^updated
intercept. ^^previously reported intercept.
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