REG - Greatland Gold PLC - Scallywag Drilling and Geophysical Survey Results
13/12/2023 07:15
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RNS Number : 6195W Greatland Gold PLC 13 December 2023
Greatland Gold plc (AIM: GGP)
E: info@greatlandgold.com
W: https://greatlandgold.com
: twitter.com/greatlandgold
NEWS RELEASE | 13 December 2023
Results of Drilling and Ground Geophysical Survey at Scallywag
Greatland Gold plc (AIM:GGP) (Greatland or the Company) is pleased to announce
the results of its 2023 drilling and geophysical exploration program at the
100% owned Scallywag tenement in the Paterson Region of Western Australia.
Scallywag is located adjacent to Greatland's flagship Havieron gold-copper
project.
Highlights
§ Anomalous gold and copper, and key pathfinder metal geochemistry, returned
in assays from all four prospects.
§ A35 prospect returned best gold assay of 1m @ 0.83g/t Au from 238m in
A35RD003 and peak copper intercept of 2m @ 0.17% Cu from 310m in A35RD002.
§ Preliminary modelling of the ground magneto-telluric (MT) data indicates a
conductor at depth within a syncline fold structure along trend from Havieron.
§ Ongoing optimisation of the MT modelling is aimed at confirming the anomaly
as a high priority target for 2024 as well as improving the understanding of
stratigraphy and structure to identify Telfer style targets in the broader
Scallywag tenement.
Greatland Managing Director, Shaun Day, commented:
"We are happy to report the effective completion of another phase of
geological testing at our 100% owned Scallywag project, where drilling tested
previously defined EM and geological targets, once again building on our
understanding of the structure, stratigraphy and geochemistry of our
landholding.
The ground magneto-telluric survey provides an enhanced understanding of the
geology around the Scallywag syncline target area and identifies an untested
conductor target coincident with a structural trap which potentially
delineates the key structure to be tested."
Figure 1: Greatland Paterson Projects, including Scallywag tenement, on 1vd
aeromagnetics
2023 Exploration Program
A total of 10 diamond core holes were completed for 2,517.8m at the four high
priority prospect targets areas of A35, A34, Pearl and Swan during the 2023
program (Table 1, Figure 2). Work in 2023 focused on completing the reverse
circulation (RC) pre-collars with diamond core (DD) tails, targeting ground EM
conductors (Figure 2), as reported in Greatland's previous RNS of 8 March 2023
titled "Scallywag Exploration Results". Downhole EM was attempted on each
hole and successfully completed on five holes: A35RD003, PDD003, PDD005,
PDD006 and PRD002. Results showed conductive responses at the weathering and
stratigraphic boundaries, but no significant off-hole conductors.
A ground magneto-telluric survey was completed over the eastern part of the
licence (Figure 3), to define any conductors under the deeper (>200m)
cover of the major regional synclinal fold structure and area of previous
drilling at Kraken, London and Blackbeard targets (see RNS of 20 January 2021
titled 'Initial Scallywag Drill Results and New Targets Identified').
Table 1:2023 Drilling Completed Scallywag
HOLE Prospect EAST NORTH RL Dip Azi Pre-collar (m) TOTAL DD (m) EOH (m)
A35RD001 A35 448749 7606497 249 -60 275 113.7 267.6 381.3
A35RD002 A35 449021 7606487 249 -60 290 113.9 236.1 350
A35RD003 A35 449388 7606476 247 -65 305 204.0 192.0 396
A34RD001 A34 447805 7606511 243 -60 105 180.5 139.8 320.3
PDD004 Pearl 445520 7607022 249 -65 75 0.0 200.0 200
PDD005 Pearl 445469 7607017 249 -62 260 0.0 410.5 410.5
PDD006 Pearl 445203 7606773 249 -56 65 0.0 550.0 550
PRD002 Pearl 445192 7606708 250 -65 85 104.0 156.9 260.9
SWRD005 Swan 446414 7607335 243 -65 85 199.9 143.1 343
SWRD004 Swan 445483 7607552 246 -63 107 204.2 221.8 426
TOTALS 1,120.20 2,517.8 3,638.00
Figure 2: 2023 Scallywag drilling and EM target plates with historic RC and
diamond collars
Table 2: 2023 Completed Scallywag Drilling - gold and copper intercepts
HOLE East North RL Dip Azimuth EOH (m) From To Interval Au g/t Cu %
A35RD002 449021 7606487 249 -60 290 350 310 312 2 0.04 0.17%
A35RD003 449388 7606476 247 -65 305 396 238 239 1 0.83
PDD004 445520 7607022 249 -65 75 200 79 81 2 0.19
SWRD005 446414 7607335 243 -65 85 343 239 240 1 0.22
Pearl Prospect
Drilling at Pearl intersected stratigraphy interpreted as the Telfer Member
and Puntapunta. The Telfer Member is a mid to shallow marine sediment with
minor carbonate units which is the host rock to The Telfer orebody.
PDD004 was drilled to twin an interval of high tenor metal fragments
intersected from 77m downhole in PDD003 (see RNS of 8 March 2023 titled
"Scallywag Exploration Results"), where poor drilling recoveries prevented
interpretation of their significance. PDD004 returned weak gold anomalism of
2m @ 0.19g/t Au from 79m in the correlating position. The pathfinder
geochemistry was not repeated, meaning the PDD003 anomaly may have been the
result of downhole contamination.
Holes PRD002, PDD005 and PDD006 successfully targeted EM conductor plates from
previous electromagnetic surveys.
Drilling intersected a sequence of massive, bedded, variably calcareous
sediments; with minor zones of patchy K-feldspar / hematitic alteration,
veining and faulting, providing some evidence of hydrothermal fluids and
structural porosity. Anomalous pathfinder elements of copper, arsenic, lead,
zinc and nickel, in addition to elevated bismuth, were recorded.
A34 and A35 Prospects
Diamond core tails at the A34 and A35 prospects successfully intersected the
previously modelled electromagnetic plate conductors (Table 1). The A34 and
A35 drill holes intersected progressively stronger calcareous units to the
east. A35RD003 has a thick sequence of dolomite which has not been
intersected in any previous Greatland drilling.
The best copper and gold results from the Scallywag drilling program occurred
at the A35 prospect. They are 2m @ 0.17% copper from 310m in A35RD002 and 1m
@ 0.83g/t gold from 238m in A35RD003. The copper interval from 310m
correlates to a structurally disrupted zone at the contact between a strongly
calcareous limestone unit and sandstones. It features weakly elevated bismuth,
molybdenum, lead, sulphur and antimony, while the gold result was returned
from strong calcareous and iron oxide weathered and faulted limestone
sediments.
The A34 prospect returned limited assays of significance, with a minor zone of
anomalous arsenic and bismuth, and a coincident anomalous cobalt assay (2m @
11ppm bismuth and 2m @ 45ppm cobalt) and elevated molybdenum, sulphur and
tellurium in an iron-oxidised, faulted coarse sandstone.
Swan Prospect
Swan drill hole SWRD004 to the north of the Pearl drill holes intersected
Telfer Member sediments. SWRD005 further east intersected siliceous sediment
but with increased calcareous units.
SWRD004 tested a zone of moderate carbonate - hematite - sericite alteration
from 388 - 393m with minor quartz, carbonate, pyrite veining, coinciding with
relatively anomalous gold, silver, arsenic, bismuth, cobalt, sulphur and
tungsten. The highest copper intersection in the hole was recorded as 2m @
0.04% copper from 391m, with coincident gold (peak 0.023g/t) and bismuth 2m @
7.8g/t. These zones are indicative of mineralising fluids within a wider
system.
The interval broadly coincident with the interpreted position of the EM
conductor plate returned a gold assay of 0.22g/t Au from a 1m sample at 239m
in SWRD005. It displayed a vuggy calcareous fault/vein zone, coincident with
elevated metal pathfinder geochemistry of arsenic, chromium, molybdenum,
nickel, lead, antimony, tungsten and zinc in a narrow 2-5m halo.
Ground Magneto-Telluric Survey
Greatland procured a ground magneto-telluric (MT) survey and modelling over
the eastern part of the Scallywag tenement, comprising the major syncline
structure that was the target of previous Greatland drilling at Kraken, London
and Blackbeard (Figure 3). MT surveys are considered particularly effective
in areas of deep conductive cover as the signal only traverses the conductive
cover once, reducing the deleterious effect that this has at the receiver(s).
A similar survey conducted in 2022 of the Havieron mining lease successfully
detected the Havieron orebody.
The survey was designed to investigate the parts of the Scallywag project
where thick (>200m) cover sequences exist which the aerial electromagnetic
survey of 2021 did not effectively penetrate. Nominal station spacing was
500m over key geophysical targets. A total of 120 stations were collected.
Preliminary modelling appears to show a weak anomalous zone coincident with a
de-magnetised section of the northern limb of the syncline. Further modelling
is underway to improve identification of the geology under cover.
Ongoing optimisation of the MT modelling is aimed at confirming the anomaly as
a high priority target for 2024 as well as improving the understanding of
stratigraphy and structure to identify Telfer style targets in the broader
Scallywag tenement.
Figure 3: Ground MT survey grid on background aeromagnetic image
Further work
The targeted electromagnetic plates were all successfully intersected, with
generally very subtle petrophysical property changes or structural /
mineralisation zones detected.
This round of drilling has provided a line of geological observations across
the prospective Black Hills Anticline (Figure 2) after it plunges under cover
to the south. The development of a two dimensional section across the
anticline is in progress, which when combined with the final MT survey results
will inform a broader three dimensional bedrock geology model of the Scallywag
area including structure.
The objective of this work is to identify the prospective Telfer Member (which
is not geophysically detectable) where it lies within structural traps under
shallow to moderate cover. Any resultant blind Telfer-style ore body targets
along with any confirmed MT conductors will be targeted for drilling.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | info@greatlandgold.com
Nominated Advisor
SPARK Advisory Partners
Andrew Emmott / James Keeshan / Neil Baldwin | +44 203 368 3550
Corporate Brokers
Berenberg | Matthew Armitt / Jennifer Lee | +44 203 368 3550
Canaccord Genuity | James Asensio / George Grainger | +44 207 523 8000
SI Capital Limited | Nick Emerson / Sam Lomanto | +44 148 341 3500
Media Relations
UK - Gracechurch Group | Harry Chathli / Alexis Gore / Henry Gamble |
+44 204 582 3500
Australia - Fivemark Partners | Michael Vaughan | +61 422 602 720
About Greatland
Greatland is a mining development and exploration company focused primarily on
precious and base metals.
The Company's flagship asset is the world-class Havieron gold-copper project
in the Paterson Province of Western Australia, discovered by Greatland and
presently under development in joint venture with world gold major, Newmont
Corporation.
Havieron is located approximately 45km east of Newmont's existing Telfer gold
mine. The box cut and decline to the Havieron orebody commenced in February
2021. Total development now exceeds 2,820m including over 2,030m of advance in
the main access decline (as at 8 October 2023). Subject to a positive
feasibility study and Decision to Mine, Havieron is intended to leverage the
existing Telfer infrastructure and processing plant. Access to Telfer will
de-risk the development and reduces capital expenditure.
Greatland has a proven track record of discovery and exploration success and
is pursuing the next generation of tier-one mineral deposits by applying
advanced exploration techniques in under-explored regions. Greatland has a
number of exploration projects across Western Australia and in parallel to the
development of Havieron is focused on becoming a multi-commodity miner of
significant scale.
Competent Persons Statement
Information in this announcement pertaining to Reporting of Exploration
Results has been reviewed and approved by Mr Damien Stephens, a Member of the
AusIMM, who has more than 30 years relevant industry experience. Mr Stephens
is a full-time employee of the Company and has a financial interest in
Greatland. Mr Stephens 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 and 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 historical market announcements, and that the form and context
in which the information has been presented has not been materially modified.
Appendix 1: All assays above 0.1g/t gold or 0.1% Cu
Hole_ID Depth From Depth To Au g/t Cu %
A35RD002 222 223 0.03 0.13%
A35RD002 310 311 0.02 0.11%
A35RD002 311 312 0.07 0.23%
A35RD003 238 239 0.83 0.001%
BUDJ0004 305 306 0.26 0.003%
BUDJ0004 435 436 0.17 0.005%
PDD004 79 80 0.19 0.003%
PDD004 80 81 0.19 0.002%
SWRD005 239 240 0.22 0.005%
Note: intercepts were calculated using a 0.1ppm Au or a 0.1%Cu cut off,
minimum interval of 1m and maximum internal waste of 5m.
Appendix 2: JORC Table 1
Section 1 Scallywag Project: Sampling Techniques and Data
Criteria JORC Code Explanation Commentary
Sampling techniques § Nature and quality of sampling (eg cut channels, random chips, or specific § An RC Drill rig was used to drill pre- collars for follow up tails with a
specialised industry standard measurement tools appropriate to the minerals multi-purpose RC-DD rig, or the multipurpose rig was used to drill mud rotary
under investigation) from surface to competent ground or through the cover sequence with a diamond
tail completed in competent ground/basement, to obtain representative samples
§ Include reference to measures taken to ensure sample representivity and the in an industry standard method
appropriate calibration of any measurement tools or systems used
§ RC samples consisted of rifle split representative 1m crushed rock samples
§ Aspects of the determination of mineralisation that are Material to the with average weights of less than 5kg
Public Report
§ Diamond samples comprise half core material in generally 1m lengths (NQ and
§ In cases where 'industry standard' work has been done this would be HQ diameter core. All basement and the basal 20m of the Permian cover was
relatively simple (eg 'reverse circulation drilling was used to obtain 1 m sampled where intersected with Diamond or RC drilling. Core was cut using an
samples from which 3 kg was pulverised to produce a 30 g charge for fire automated core-cutter
assay'). In other cases more explanation may be required, such as where there
is coarse gold that has inherent sampling problems. Unusual commodities or § No regular sampling was completed for mud rotary drilling as the sample is
mineralisation types (eg submarine nodules) may warrant disclosure of detailed considered contaminated, however occasional PXRF readings are taken of the
information slurry for broad prospectivity mapping
§ Cutting of core adjacent to downhole orientation line or, where un-oriented
and possible, orthogonal to visible geological structures such as bedding,
foliation; ensures sample representivity
§ 50% of the core is retained for future check logging, re-sampling and QA/QC
Downhole EM Data Collection:
Vortex Geophysics on behalf of Greatland Gold undertook the collection
downhole electromagnetic data. Base frequency 1 Hz
- 3 min. repeat readings
- SMARTem - Standard window timing
- Loop dimensions - 200, 300m
- Loop turns 1(23A35L1,2) or 2
- Station spacing: 10m and 50m
Magneto-telluric (MT) Data collection:
Nominal station spacing was 500m over key geophysical targets out to 1km x 1km
on the periphery. A total of 120 stations were collected.
All stations were acquired overnight, with MT impedance tensors estimated for
the frequency range 10k-0.01 Hz.
Drilling techniques § Drill type (eg core, reverse circulation, open-hole hammer, rotary air § RC or mud-rotary pre-collars were followed by HQ then NQ diamond drill core
blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or to EOH
standard tube, depth of diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what method, etc) § The core is oriented using a Reflex mark III tool or equivalent, nominally
every core run (around 3m)
Drill sample recovery § Method of recording and assessing core and chip sample recoveries and § Recovery is measured on core and reconciled against driller's depth blocks
results assessed in each core tray. Basement core recovery is typically around 100%
§ Measures taken to maximise sample recovery and ensure representative nature § No specific measures have been taken to maximise recovery, other than
of the samples employing skilled drillers
§ Whether a relationship exists between sample recovery and grade and whether § Half core cut at a consistent spacing from orientation lines assist in
sample bias may have occurred due to preferential loss/gain of fine/coarse sample representivity
material
§ No relationship between recovery and grade has been observed, except for
hole PRDD003 where anomalous results were coincident with core loss.
§ To ensure sample quality from RC drilling, a face sampling drill bit was
used and an attempt was made to keep the sample dry to avoid downhole
smearing. Where this was not possible the sample was noted as wet in the
sample log. Where this is the case some potential for sample bias may exist
Logging § Whether core and chip samples have been geologically and geotechnically § The logging is of sufficient quality to support a Mineral Resource
logged to a level of detail to support appropriate Mineral Resource estimate, and comprises a combination of quantitative and qualitative
estimation, mining studies and metallurgical studies features. The entire hole is logged
§ Whether logging is qualitative or quantitative in nature. Core (or costean, § Geological logging recorded qualitative descriptions of lithology,
channel, etc) photography alteration, mineralisation, veining, and structure including orientation of
key geological features
§ The total length and percentage of the relevant intersections logged
§ Geotechnical measurements were recorded including Rock Quality Designation
(RQD), 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
§ The ground EM survey data identified several potential bedrock
conductors. These have been modelled by an expert geophysical Consultant
Dave McInnes from Montana GIS in Maxwell, using the Leroi Algorithm, to
delineate their conductance and location
§ The MT survey modelling was carried out by Moombarriga Geoscience group.
Sub-sampling techniques and sample preparation § If core, whether cut or sawn and whether quarter, half or all core taken. § Drill samples were freighted by road to the laboratory. All core is cut
with a core saw, and half core sampled
§ If non-core, whether riffled, tube sampled, rotary split, etc and whether
sampled wet or dry § 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
§ For all sample types, the nature, quality and appropriateness of the sample product. Oversize primary samples were crushed and a 3kg subsample then milled
preparation technique with the LM5 mill
§ Quality control procedures adopted for all sub-sampling stages to maximise § Sub sampling is reduced to minimum by using total sample pulverisation
representivity of samples prior to sub sampling wherever possible
§ Measures taken to ensure that the sampling is representative of the in situ § The sample sizes (2-3kg) are considered appropriate for the material being
material collected, including for instance results for field sampled
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 § The samples were assayed for Au by a 50gm fire assay and for a
procedures used and whether the technique is considered partial or total multi-element scan using 4 acid digest and MS and OES finish for pathfinder
and lithogeochemical elements. The assays are considered total rather than
§ For geophysical tools, spectrometers, handheld XRF instruments, etc, the partial
parameters used in determining the analysis including instrument make and
model, reading times, calibrations factors applied and their derivation, etc § Greatland QA/QC procedures include using reference samples and field
duplicate samples every 25 samples, in addition to the laboratories in- house
§ Nature of quality control procedures adopted (eg standards, blanks, QA/QC methods
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (ie lack of bias) and precision have been established. § 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 § A single twin was completed (PDD004) to resample a zone of poor recovery
alternative company personnel. intersected in PDD003. The twin hole intersected competent ground and week
anomalism at the same depth as PDD003
§ The use of twinned holes
§ All data entry procedures, including original logging, sample depth
§ Documentation of primary data, data entry procedures, data verification, selection for sampling and recording of sample numbers are recorded digitally
data storage (physical and electronic) protocols in an electronic database
§ Discuss any adjustment to assay data. § 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 § Drill collar locations were surveyed using hand held GPS. RL's were
down-hole surveys), trenches, mine workings and other locations used in collected with the same GPS
Mineral Resource estimation.
§ Drill rig alignment was attained using a hand held compass
§ Specification of the grid system used.
§ Downhole survey orientation data was collected every 30m in diamond drill
§ Quality and adequacy of topographic control 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
(GDA2020 Zone 51). All relative depth information is reported in Australian
Height Datum (AHD)
Data spacing and distribution § Data spacing for reporting of Exploration Results § Drill holes are individual exploration holes targeting specific targets,
and are not part of a grid pattern
§ Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral Resource § Not applicable in early stage exploration
and Ore Reserve estimation procedure(s) and classifications applied
§ No sample compositing has been applied
§ Whether sample compositing has been applied
Orientation of data in relation to geological structure § Whether the orientation of sampling achieves unbiased sampling of possible § Drilling is oriented at various angles to folded layering, and to
structures and the extent to which this is known, considering the deposit type identified sulphide mineralised structures. The relationship to possible
mineralised structures is unknown at this stage
§ If the relationship between the drilling orientation and the orientation of
key mineralised structures is considered to have introduced a sampling bias,
this should be assessed and reported if material
Sample security § The measures taken to ensure sample security § 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
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 JORC Code explanation Commentary
Mineral tenement and land tenure status § Type, reference name/number, location and ownership including agreements or § The Scallywag tenement E45/4701 is 100% owned by Greatland Pty Ltd
material issues with third parties such as joint ventures, partnerships,
overriding royalties, native title interests, historical sites, wilderness or § The tenement is subject to a Land Access Agreement with
national park and environmental settings Jamukurnu-Yapalikurnu Aboriginal Corporation
§ 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
Exploration done by other parties § Acknowledgment and appraisal of exploration by other parties § 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 previous RNS
announcements dated 24 August 2021 and 16 April 2021
Geology § Deposit type, geological setting and style of mineralisation § Exploration is for intrusion related and orogenic, structurally controlled
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 § Greatland drill hole collar details are listed in - Table 1 and anomalous
exploration results including a tabulation of the following information for results in Table 2
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
Data aggregation methods § In reporting Exploration Results, weighting averaging techniques, maximum § No economically significant results have been reported, and no data
and/or minimum grade truncations (eg cutting of high grades) and cut-off aggregation methods have been applied.
grades are usually Material and should be stated
§ Where anomalous results are quoted (Table 2) the samples have been selected
§ Where aggregate intercepts incorporate short lengths of high grade results as follows:
and longer lengths of low grade results, the procedure used for such
aggregation should be stated and some typical examples of such aggregations - Au >0.1ppm; or
should be shown in detail
- Cu >0.1%;
§ 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 economically significant results are reported, and there is no known
Exploration Results relationship between reported widths and the geometry of any mineralisation
§ 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 § Maps and a Section are provided in Figures 1-2. No significant discovery is
should be included for any significant discovery being reported These should reported
include, but not be limited to a plan view of drill hole collar locations and
appropriate sectional views
Balanced reporting § Where comprehensive reporting of all Exploration Results is not § The reporting is considered balanced
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 § No other substantive exploration data other than that provided in the
including (but not limited to): geological observations; geophysical survey figures
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 § Further drilling of any ground MT targets generated and follow up from
extensions or depth extensions or large-scale step-out drilling) further geological interpretation is planned for 2024, along with geophysical
follow up.
§ Diagrams clearly highlighting the areas of possible extensions, including
the main geological interpretations and future drilling areas, provided this
information is not commercially sensitive
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