REG - Kefi Gold and Copper - Drilling Programmes Confirm Potential of Hawiah
09/05/2024 07:00
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RNS Number : 6967N Kefi Gold and Copper PLC 09 May 2024
9 May 2024
KEFI Gold and Copper plc
("KEFI" or the "Company")
Substantial Drilling Programmes Confirm Potential of Hawiah Copper-Gold
Project
Hawiah remains on track to become a major base metal mine in Saudi Arabia
KEFI Gold and Copper Plc (AIM: KEFI), the gold and copper exploration and
development company which has focused on the Arabian-Nubian Shield since 2008,
is pleased to provide an operational update for the Hawiah Copper-Gold Project
("Hawiah") in the Company's minority-owned Gold & Minerals Ltd ("GMCO")
joint venture.
Highlights
· At Hawiah, over 50,000m of the 65,000m infill drilling programme is
complete in preparation for updating the existing 29.0Mt Mineral Resource
Estimate ("MRE") (see announcement on 9 January 2023), with results in-line
with expectations as modelled.
· Recent drilling highlights include:
o HWD_222 intersecting 8.6m (7.5m ETW) of massive sulphide averaging 0.8%
copper, 0.4% zinc, 0.5 g/t gold and 8.1g/t silver from 970.2m; and
o HWD_246 intersecting 9.3m (8.4m ETW) of massive sulphide averaging 0.7%
copper, 1.0% zinc, 0.6 g/t gold and 10.2 g/t silver from 872.7m.
· These intercepts have extended the vertical depth of known
mineralisation at Hawiah to 740m and increased the down-plunge extent of the
Crossroads Extension Lode by a further 270m.
· At the satellite Al Godeyer deposit, a second phase of drilling
comprising 4,500m has recently commenced to infill and expand its maiden MRE
reported in 2023 (see announcement dated 3 April 2023).
· These two drilling programmes are on track to upgrade at least 90% of
the >30 million tonne combined MRE to the Indicated Resource category,
forming the basis for Ore Reserves.
· Earlier-stage exploration is also ongoing at other potential Hawiah
satellite deposits, including at the recently announced Abu Salal discovery.
· Hawiah's status as the third largest base-metal development project
in the now burgeoning Saudi Arabian minerals sector has been reaffirmed by
this highly successful exploration programme.
Harry Anagnostaras-Adams, KEFI's Executive Chairman commented:
"Exploration near our Hawiah copper-gold-zinc-silver deposit has quickly
yielded validating results and unveiled two additional discoveries. The
65,000m Hawiah infill and expansion drilling programme is now more than 75%
complete, with excellent confirmatory results. GMCO is also focused on
upgrading and expanding the Al Godeyer resource (12km west of Hawiah) through
diamond drilling.
"The enlarged MRE of +30Mt copper-gold-zinc is scheduled to be issued in late
2024 based on the current infill and extensional drilling programme.
"Exploration also addresses additional targets within the Wadi Bidah Minerals
District. Whilst GMCO discovered the Hawiah VMS deposit in 2019 and the nearby
Al Godeyer VMS deposit in 2022, recent drilling based on geological modelling
and interpretation has now discovered a similar VMS copper-gold-zinc-silver
system at Abu Salal located around 50km south of Hawiah.
"The recent Abu Salal discovery has confirmed that the large Hawiah deposit
itself is only the first in a cluster of deposits as often occurs with this
style of mineralisation and has confirmed proof of concept in our
understanding of regional geology and genesis of this style of VMS deposits.
"Similar VMS signatures can be witnessed elsewhere on our portfolio of assets,
where we would accordingly expect further discoveries to be made. GMCO has a
portfolio of 15 exploration licences in Saudi Arabia.
"Saudi Arabia is indeed fast-tracking its exploration and mining sector with
GMCO at the forefront. We expect significant progress over the coming weeks
and months, which will reinforce the value being created through GMCO's
aggressive and technically leading-edge exploration programme."
Drilling Continues to Extend GMCO's First Discovery at Hawiah
Since initial grant of the Hawiah Exploration Licence ("EL"), GMCO has
completed more than 105,000m of drilling. The ongoing 65,000m infill and
expansion drilling programme continues with three diamond rigs onsite and
c.52,000m of this programme completed to the end of March 2024.
The first stage of this programme was designed to further test the depth
limits of the Crossroads Extension area of the Hawiah orebody. This has been
highly successful with notable intercepts including:
- HWD_222 intersecting 8.6m (7.5m ETW) of massive sulphide averaging
0.8% copper, 0.4% zinc, 0.5 g/t gold and 8.1g/t silver from 970.2m; and
- HWD_246 intersecting 9.3m (8.4m ETW) of massive sulphide averaging
0.7% copper, 1.0% zinc, 0.6 g/t gold and 10.2 g/t silver from 872.7m.
The above intercepts have extended the vertical depth of known mineralisation
at Hawiah to 740m and increased the down-plunge extent of the Crossroads
Extension Lode by a further 270m (see Figure 5 in the appendix).
Overall, the Hawiah infill drilling has been returning results in line with
expectations and confirmed the 2022 MRE result. This has provided further
confidence in the geological model ahead of the next MRE update which is
scheduled for Q4 2024.
Highlights from the infill drilling at Camp lode include:
- HWD_268 intersecting 33.09m (18.87m ETW) of massive sulphide
averaging 1.3% copper, 0.1% zinc, 0.4g/t gold and 4.8g/t silver from 353.41m;
and
- HWD_340 intersecting 22.35m (13.36m ETW) of massive sulphide
averaging 1.0% copper, 1.5% zinc, 0.6g/t gold and 49.6g/t silver from 572.4m.
A key aim of this infill drilling programmes is to convert the majority of the
30 million tonne Hawiah (including its satellite deposit Al Godeyer) to the
Indicated Resource category as well as to expand the MRE in several areas. In
conjunction with the various development studies being undertaken, this is
expected to enable the estimation of substantial Ore Reserves.
Upgrading Al Godeyer Maiden Mineral Resource Estimate
Located only 12km west of the proposed Hawiah processing plant site (see
Figures 1 and 2 in Appendix), Al Godeyer is a satellite deposit to the main
Hawiah orebody. GMCO exploration activities began in 2022 with the maiden MRE
announced in April 2023 of 1.35 million tonnes ("Mt") at 1.4g/t gold, 0.6%
copper, 0.54% zinc, and 6.6g/t silver.
Al Godeyer offers an excellent opportunity to provide additional near-surface
ore to the proposed regional processing centre at Hawiah. Recent exploration
focus has been aimed at increasing the current 1.35Mt Inferred Resource to a
c.2Mt Indicated Resource, which would allow the Al Godeyer deposit to be
incorporated into mine designs and Ore Reserves, as part of the planned Hawiah
Definitive Feasibility Study ("DFS").
The first phase of the Al Godeyer infill drilling programme was completed in
August 2023. This short eight-hole programme was designed to confirm
mineralisation in unclassified portions of the potential open-pit environment
ahead of the main infill drilling programme. The first programme was a success
with all holes intercepting the mineralised zone in-line with modelling (see
Figures 3 and 4 in Appendix). Highlights from the first phase include:
- AGD_024: 7.0m (6.1m estimated true width ("ETW") at 1.8g/t gold,
1.0% copper, 0.1% zinc and 4.1g/t silver from 123.0m; and
- AGD_018: 3.1m (2.3m ETW) at 1.1g/t gold, 0.6% copper, 3.3% zinc and
15.5g/t silver from 114m.
The next 4,500m of infill drilling, designed to close the drill spacing to the
anticipated Indicated Resource classification requirement, is now underway and
expected to complete in mid-June 2024.
Exploration elsewhere within the Al Godeyer and Al Godeyer East ELs is still
at an early stage and a focus during 2024 is to explore southeast of the main
Al Godeyer gossan where it continues at surface as narrow, discontinuous
gossanous outcrops. The first stage of this will be a deeper penetrating
geophysical survey to help delineate sub-surface targets, which will cover
major portions of the two licences.
Advancing Hawiah Towards Development
Hawiah already ranks as the third largest base-metal project in the emerging
Saudi Arabian minerals sector.
Triggering of the Hawiah DFS is scheduled to occur following the availability
of the updated MRE in late 2024.
Hawiah is a larger development project than the Jibal Qutman discovery and
entails underground and open-pit mining, coupled with technically more
advanced processes to treat the polymetallic orebody comprising copper, gold,
zinc and silver. Additional metallurgical testwork studies are ongoing to
assess and optimise various processing and mining options.
Hawiah's status has recently been further highlighted by the granting of EL's,
contiguous to GMCO's within the Wadi Bidah, to the Saudi Government-controlled
company ("Ma'aden") and its local exploration joint venture with Ivanhoe
Electric, which has announced that the Wadi Bidah is one of the top 4 priority
targets for their proprietary deep-probing geophysical survey technology (the
'Typhoon' electromagnetic 'EM' method).
KEFI's GMCO joint venture partner ARTAR has agreed to fund the ongoing
programme at present to ensure swift progress continues in Saudi Arabia whilst
KEFI triggers project launch in Ethiopia at the high-grade Tulu Kapi Gold
Project. This much-appreciated support from ARTAR reflects the strong
partnership relationship and the combined priority given to production
start-up in both countries.
Competent Person Statement
The information in this announcement that relates to exploration results and
Mineral Resources is based on information compiled by Mr Tomos Bryan,
Exploration Manager for Gold & Minerals Limited. Mr Bryan is a member of
the Australasian Institute of Mining and Metallurgy ("AusIMM"). Mr Bryan is a
geologist with sufficient relevant experience for Company reporting to qualify
as a Competent Person as defined in the JORC Code 2012. Mr Bryan consents to
the inclusion in this announcement of the non-financial matters based on this
information in the form and context in which it appears.
KEFI confirms that it is not aware of any new information or data that
materially affects the information in the above releases and that all material
assumptions and technical parameters, underpinning the estimates continue to
apply and have not materially changed.
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.
Enquiries
KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Managing Director) +357 99457843
John Leach (Finance Director) +357 99208130
SP Angel Corporate Finance LLP (Nominated Adviser) +44 (0) 20 3470 0470
Jeff Keating, Adam Cowl
Tavira Financial Limited (Lead Broker) +44 (0) 20 7100 5100
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR) +44 (0) 20 3934 6630
Tim Metcalfe, Florence Chandler
3PPB LLC International (Institutional IR)
Patrick Chidley +1 (917) 991 7701
Paul Durham +1 (203) 940 2538
Appendix 1 - Diagrams
Figure 1 - Location map of GMCO ELs near Hawiah.
Figure 2 - Plan showing Al-Godeyer and Hawiah gossans in relation to ELs.
Figure 3 - Map of Al Godeyer geology and the collar locations of the Phase 1
infill drilling.
Figure 4 - Long section of the Al Godeyer VMS horizon showing the open pit
shell and the Mineral Resource classifications based on the 2023 MRE.
Figure 5 - Long section showing the Hawiah deposit coloured by the 2022
Mineral Resource Classifications. All drilling to date shown with orebody
pierce points shown in red. Several recent highlight holes are presented for
illustrative purposes.
Appendix 2 - Relevant Collar and Assay information for Al Godeyer
Hole ID Total Depth Easting Northing From (m) To (m) Downhole Interval (m) Estimated true width (m) Cu % Zn % Au g/t Ag g/t Lode / area Mineralisation style
AGDD_017 202.50 729840 2333875 151.90 159.00 7.10 5.96 0.60 0.52 1.01 6.57 Qamr Lode Fresh
174.00 177.10 3.71 2.95 1.34 1.77 0.73 14.81
AGDD_018 146.50 729838 2333839 114.00 117.10 3.10 2.30 0.58 3.29 1.12 15.53 Qamr Lode Fresh
AGDD_019 140.50 729958 2333828 92.38 95.40 3.02 2.00 0.62 0.42 0.75 6.96 Qamr Lode Fresh
AGDD_020 78.00 729959 2333789 35.54 38.50 2.96 2.86 0.56 0.16 0.65 7.83 Qamr Lode Transition
42.00 47.80 5.80 5.60 0.21 0.21 0.36 2.54
AGDD_021 173.50 730046 2333829 97.90 100.00 2.10 1.41 0.68 0.16 0.77 5.81 Qamr Lode Fresh
117.41 118.33 0.92 0.81 1.41 0.25 1.33 12.80
AGDD_022 104.50 730092 2333785 86.00 88.12 2.12 1.50 0.12 0.06 0.17 0.98 Qamr Lode Fresh
AGDD_023 139.00 729359 2334279 103.63 107.00 3.37 2.84 0.76 0.22 0.26 2.06 Shams Lode Fresh
AGDD_024 152.50 729279 2334365 123.00 130.00 7.00 6.11 1.03 0.11 1.78 4.11 Shams Lode Fresh
Table 1 - Al Godeyer Phase 1 infill Diamond Drilling information
Appendix 3 - Relevant Collar and Assay information for Hawiah Infill and
expansion programme
HOLE ID Hole type GRID easting northing elevation azimuth dip final depth
HWD_209 DD UTM84-37N 740862.4 2341957 1288.429 90 -60 323.1
HWD_210 DD UTM84-37N 740545 2341489 1288 90 -60 851.5
HWD_211 DD UTM84-37N 741094.1 2338611 1292.637 90 -60 191.2
HWD_212 DD UTM84-37N 741146.2 2338559 1292.719 90 60 101
HWD_213 DD UTM84-37N 741016.2 2338670 1289.971 90 60 302.5
HWD_214B DD UTM84-37N 741036.8 2338587 1291.62 90 60 281.5
HWD_215 DD UTM84-37N 741137.1 2338503 1295.292 90 60 107.5
HWD_216 DD UTM84-37N 741150.7 2338670 1289.71 90 60 125.5
HWD_217 DD UTM84-37N 740916.9 2338500 1292.558 90 60 417.8
HWD_218 DD UTM84-37N 741083.9 2338740 1287.337 90 60 230.5
HWD_219 DD UTM84-37N 740940.4 2338253 1299.567 90 60 366.1
HWD_220 DD UTM84-37N 741237.1 2339044 1289.686 90 55 65.5
HWD_221 DD UTM84-37N 741235.8 2339100 1291.024 90 55 68.5
HWD_222 DD UTM84-37N 740470.5 2341646 1288.009 94 63 1000.1
HWD_223 DD UTM84-37N 741184.6 2339078 1289.694 90 60 155.5
HWD_224 DD UTM84-37N 740925.4 2337939 1301.581 98 60 266.5
HWD_225 DD UTM84-37N 740659.5 2337847 1299.405 100 60 620.5
HWD_226 DD UTM84-37N 741099.4 2338874 1289.896 90 60 215.5
HWD_227 DD UTM84-37N 741072 2338936 1287.555 90 60 242.5
HWD_228 DD UTM84-37N 740535.2 2337598 1295.371 100 60 100.8
HWD_228B DD UTM84-37N 740537.5 2337586 1295.467 98 60 668.2
HWD_229 DD UTM84-37N 740983.4 2341250 1280.722 90 60 221.5
HWD_230 DD UTM84-37N 741184 2339627 1295.081 90 60 122.5
HWD_231 DD UTM84-37N 741000.6 2341203 1280.768 90 60 206.5
HWD_232 DD UTM84-37N 741140.2 2339689 1292.429 90 60 188.5
HWD_233 DD UTM84-37N 741003.8 2341076 1283.513 90 60 225.6
HWD_234 DD UTM84-37N 741184.8 2339687 1293.418 90 60 125.5
HWD_235 DD UTM84-37N 741139.6 2339818 1285.18 90 60 182.5
HWD_236 DD UTM84-37N 740481.7 2337834 1306 100 60 806.5
HWD_237 DD UTM84-37N 740973.6 2341000 1291.264 90 60 299.5
HWD_238 DD UTM84-37N 741051.2 2341077 1283.495 90 60 165.7
HWD_239 DD UTM84-37N 741185.7 2339820 1285.523 90 60 115.6
HWD_240 DD UTM84-37N 741044.7 2341144 1281.027 90 60 165.7
HWD_241 DD UTM84-37N 740979.8 2340938 1291.936 90 60 298
HWD_242 DD UTM84-37N 741184.4 2339890 1284.444 90 60 120.5
HWD_243 DD UTM84-37N 741032 2340941 1287.359 90 60 215.5
HWD_244 DD UTM84-37N 741178.5 2340030 1286.43 90 60 123.5
HWD_245 DD UTM84-37N 740975.6 2341343 1280.71 90 60 206.5
HWD_246 DD UTM84-37N 740549 2341290 1283 90 62 896.5
HWD_247 DD UTM84-37N 741130.8 2340091 1289.676 90 60 203.5
HWD_248 DD UTM84-37N 740846.6 2341883 1284 90 60 390.6
HWD_249 DD UTM84-37N 740976.5 2341294 1280 90 60 227.2
HWD_250 DD UTM84-37N 741105.2 2340427 1294.146 90 60 183.5
HWD_251 DD UTM84-37N 740713 2338003 1305 100 60 575.4
HWD_252 DD UTM84-37N 741157.9 2340360 1292 90 60 110.5
HWD_253 DD UTM84-37N 741040.2 2341206 1280.528 90 60 158.5
HWD_254 DD UTM84-37N 741097.1 2340565 1289 90 60 168.4
HWD_255 DD UTM84-37N 741068.7 2341195 1280.328 90 55 92.5
HWD_256 DD UTM84-37N 740937.6 2341878 1289.866 90 60 139.9
HWD_257 DD UTM84-37N 740820.3 2341280 1282.324 90 60 539.5
HWD_258 DD UTM84-37N 741081.9 2340695 1290.071 90 60 155.5
HWD_259 DD UTM84-37N 740529.1 2341855 1284.548 91 60 797.5
HWD_260 DD UTM84-37N 741095.1 2340820 1293.961 90 60 135.5
HWD_261 DD UTM84-37N 740542.7 2341734 1284.283 90 60 788.5
HWD_262 DD UTM84-37N 740647 2337904 1302.981 100 60 647.3
HWD_263 DD UTM84-37N 741075 2340941 1286.926 90 60 134.5
HWD_264B DD UTM84-37N 740823 2337953 1301.817 100 60 430.6
HWD_265 DD UTM84-37N 741120 2339079 1288.537 90 60 218.5
HWD_266 DD UTM84-37N 740650.3 2341178 1283.83 90 60 809.5
HWD_267 DD UTM84-37N 741124.9 2339004 1286.874 90 60 210.5
HWD_268 DD UTM84-37N 740868.3 2338048 1304.49 100 60 401.3
HWD_269 DD UTM84-37N 740634.8 2337619 1299.132 100 60 560.1
HWD_270 DD UTM84-37N 740775 2337885 1299.336 100 60 450.6
HWD_271 DD UTM84-37N 740765.6 2338071 1306.833 100 60 533.5
HWD_272 DD UTM84-37N 740741 2342140 1285.098 90 60 380.5
HWD_273 DD UTM84-37N 740727 2341589 1281.83 90 60 608.5
HWD_274 DD UTM84-37N 740811.7 2338118 1305.275 90 60 492.7
HWD_275 DD UTM84-37N 740550.1 2337751 1304.761 100 60 730
HWD_276 DD UTM84-37N 740781.8 2341559 1281.602 90 60 533.5
HWD_277 DD UTM84-37N 740710.7 2342454 1289.433 90 60 323.5
HWD_278 DD UTM84-37N 740775.6 2342627 1293.156 90 60 207.5
HWD_279 DD UTM84-37N 740820.1 2342720 1296.435 90 60 113.5
HWD_280 DD UTM84-37N 740765 2341696 1281.782 90 60 500.5
HWD_281 DD UTM84-37N 740780.2 2338292 1297.806 90 60 546.9
HWD_282 DD UTM84-37N 740740.5 2341959 1283.09 90 60 449.5
HWD_283 DD UTM84-37N 740770 2342052 1284.977 90 60 383.5
HWD_284 DD UTM84-37N 740633.9 2341762 1282.446 90 60 689.5
HWD_285 DD UTM84-37N 740889.1 2338333 1296.052 90 60 460
HWD_286B DD UTM84-37N 740661.4 2341936 1282.543 90 60 557.9
HWD_287 DD UTM84-37N 741065.6 2338800 1286.808 90 60 254.5
HWD_288 DD UTM84-37N 741011.2 2338810 1289.564 90 60 320.5
HWD_289 DD UTM84-37N 741116.6 2338931 1287.011 90 60 206.5
HWD_290 DD UTM84-37N 740878.9 2338223 1302.853 90 60 407.7
HWD_291 DD UTM84-37N 741200.4 2338935 1286.206 90 60 119.5
HWD_292B DD UTM84-37N 740711 2338185 1300.444 90 62 641.5
HWD_293B DD UTM84-37N 740736.6 2341820 1282 90 60 600.7
HWD_294 DD UTM84-37N 740579.7 2341954 1282.828 90 60 729.4
HWD_295 DD UTM84-37N 740628.4 2338034 1309.447 100 60 782.5
HWD_296 DD UTM84-37N 740625.2 2342050 1283.148 90 61.5 641.5
HWD_297 DD UTM84-37N 740723.9 2338094 1304.829 90 60 666.2
HWD_298 DD UTM84-37N 740680.4 2341722 1282.349 90 60 655
HWD_299 DD UTM84-37N 740791.8 2338237 1296.904 90 60 641.5
HWD_300 DD UTM84-37N 740637.3 2342302 1284.982 90 60 464.5
HWD_301 DD UTM84-37N 740963.6 2338672 1289.181 90 60 365.5
HWD_302 DD UTM84-37N 740704.8 2342385 1289.593 90 60 365.5
HWD_303 DD UTM84-37N 740793.9 2341467 1282.1 90 60 584.4
HWD_304 DD UTM84-37N 741010 2338934 1289.462 90 60 350.5
HWD_305 DD UTM84-37N 740890.6 2338380 1293.654 90 60 464.5
HWD_306 DD UTM84-37N 740650.9 2341545 1283.182 87 60 749.5
HWD_307B DD UTM84-37N 741238.7 2339208 1290.196 90 55 68.5
HWD_308 DD UTM84-37N 741233.4 2339395 1297.249 90 55 60
HWD_309 DD UTM84-37N 740742.3 2341895 1282.871 90 60 503.5
HWD_310 DD UTM84-37N 741238 2339310 1294.441 90 60 62.5
HWD_311B DD UTM84-37N 740850.3 2338194 1301.15 90 60 458.5
HWD_312 DD UTM84-37N 741226.2 2339510 1299.553 90 55 68.5
HWD_313 DD UTM84-37N 741222.6 2339599 1297.769 90 55 68.5
HWD_314 DD UTM84-37N 741220.7 2339697 1293.77 90 55 68.3
HWD_315 DD UTM84-37N 741220.6 2339793 1287.58 90 55 64.5
HWD_316 DD UTM84-37N 741216.6 2339897 1284.189 90 55 68.5
HWD_317B DD UTM84-37N 741212.3 2339953 1284.553 90 55 68.5
HWD_318 DD UTM84-37N 741208.4 2339997 1285.822 90 55 70.5
HWD_319 DD UTM84-37N 740791.2 2341396 1281.868 90 60 593.5
HWD_320 DD UTM84-37N 741167.7 2340501 1289.502 90 55 71.14
HWD_321B DD UTM84-37N 740721.6 2342097 1284.224 90 60 444.5
HWD_322 DD UTM84-37N 741166.3 2340545 1288.153 90 55 65.5
HWD_323 DD UTM84-37N 741163 2340602 1286.144 90 55 60.7
HWD_324 DD UTM84-37N 741152.4 2340707 1289.053 90 55 63.62
HWD_325 DD UTM84-37N 740903.9 2338286 1301.138 90 60 416.5
HWD_326 DD UTM84-37N 740722.5 2341978 1283.197 90 60 484.5
HWD_327 DD UTM84-37N 740826.6 2342074 1287.141 90 60 304.6
HWD_328C DD UTM84-37N 740660.7 2337941 1303 100 56 695.8
HWD_329 DD UTM84-37N 740789.3 2341909 1285.763 90 60 444.7
HWD_330 DD UTM84-37N 740877.2 2342074 1289.236 90 60 209.5
HWD_331 DD UTM84-37N 740721.1 2342214 1285 90 60 389.5
HWD_332 DD UTM84-37N 740614 2341885 1282 90 60 656.5
HWD_333 DD UTM84-37N 740710.4 2342312 1284 90 60 358.5
HWD_334 DD UTM84-37N 740736 2341812 1282 93 57 543.5
HWD_335 DD UTM84-37N 740756 2342277 1287 93 59 317.5
HWD_336 DD UTM84-37N 740837 2341526 1281 93 57 495.6
HWD_337 DD UTM84-37N 740743 2337863 1299 103 56 514.9
HWD_338 DD UTM84-37N 740828 2341757 1286 91 56 455.5
HWD_339 DD UTM84-37N 740846.7 2341371 1282 93 57 496.6
HWD_340 DD UTM84-37N 740643.4 2337664 1300 103 57 610.6
HWD_341 DD UTM84-37N 740742.1 2341717 1282 92 57 547.7
HWD_342B DD UTM84-37N 740775.5 2341301 1282 92 56 620.5
HWD_343 DD UTM84-37N 740611.4 2337780 1302 102 57 666.6
HWD_344 DD UTM84-37N 740758.4 2341543 1282 92 56 605.5
HWD_345 DD UTM84-37N 740774.8 2338134 1303 101 57 595.5
Received Assay results for first stage of the Infill and Expansion drilling
programme.
Hole ID Total Depth From (m) To (m) Downhole Interval (m) Estimated true width (m) Cu % Zn % Au g/t Ag g/t Lode / area Mineralisation style
HWD_220 65.50 42.50 48.19 5.69 3.10 1.25 0.57 0.04 7.24 Camp Lode Transition
HWD_221 68.50 49.40 53.18 3.78 2.33 0.99 0.10 0.09 3.52 Camp Lode Transition
HWD_211 191.20 160.11 173.20 13.09 8.59 0.68 1.85 0.99 17.89 Camp Lode Fresh
HWD_212 101.00 75.50 85.17 9.67 8.66 0.97 0.76 0.40 5.80 Camp Lode Fresh
HWD_213 302.50 270.12 281.18 11.06 8.69 0.83 0.63 0.42 8.94 Camp Lode Fresh
HWD_214B 281.50 258.40 262.00 3.60 2.73 1.48 2.03 0.52 14.28 Camp Lode Fresh
HWD_215 107.50 72.97 84.74 11.77 10.15 0.87 0.33 0.47 5.86 Camp Lode Fresh
HWD_216 125.50 103.00 108.40 5.40 4.42 0.50 1.97 0.80 13.98 Camp Lode Fresh
HWD_217 417.80 394.79 402.33 7.54 5.96 1.03 0.41 0.24 6.11 Camp Lode Fresh
HWD_218 230.50 208.90 212.46 3.56 2.90 0.60 0.47 0.20 6.83 Camp Lode Fresh
HWD_219 366.10 341.72 351.36 9.64 6.68 0.64 1.21 1.01 16.81 Camp Lode Fresh
HWD_223 155.50 135.07 140.00 4.93 3.64 1.26 0.53 0.32 7.68 Camp Lode Fresh
HWD_224 266.50 247.93 251.14 3.21 2.03 0.49 0.99 0.78 12.58 Camp Lode Fresh
HWD_225 620.50 590.70 602.70 12.00 9.50 0.98 0.45 0.19 3.63 Camp Lode Fresh
HWD_226 215.50 191.94 196.60 4.66 4.43 0.98 0.63 0.23 6.44 Camp Lode Fresh
HWD_227 242.50 223.00 227.88 4.88 4.31 0.81 0.2 0.17 4.08 Camp Lode Fresh
HWD_228B 668.20 646.24 652.12 5.88 4.50 1.47 1.71 0.9 13.63 Camp Lode Fresh
HWD_236 806.50 784.45 794.55 10.10 8.94 1.07 1.28 0.5 10.09 Camp Lode Fresh
HWD_251 575.40 553.08 560.00 6.92 5.58 1.25 1.09 0.49 9.16 Camp Lode Fresh
HWD_262 647.50 619.75 630.37 10.62 8.90 1.22 0.74 0.42 7.03 Camp Lode Fresh
HWD_264B 430.60 401.50 405.21 3.71 2.66 0.58 0.02 0.06 1.48 Camp Lode Fresh
HWD_265 218.50 201.11 202.87 1.76 1.70 1.41 0.9 0.46 6.49 Camp Lode Fresh
HWD_267 210.50 192.90 194.98 1.54 1.39 0.88 0.43 0.32 5.2 Camp Lode Fresh
HWD_268 401.30 353.41 386.50 33.09 18.87 1.32 0.11 0.36 4.74 Camp Lode Fresh
HWD_269 520.50 521.57 522.63 1.06 0.93 0.79 1.46 0.66 9.88 Camp Lode Fresh
HWD_270 450.60 428.80 432.69 3.89 2.66 1.08 1.58 0.7 8.33 Camp Lode Fresh
HWD_271 533.50 513.06 518.71 5.65 4.25 1.72 1.1 0.57 14.59 Camp Lode Fresh
HWD_274 493.20 473.84 476.77 2.93 1.91 1.36 0.85 0.53 0.53 Camp Lode Fresh
HWD_275 730.00 701.80 714.43 12.63 11.60 0.88 0.25 0.22 3.55 Camp Lode Fresh
HWD_281 546.90 523.91 529.97 6.06 4.93 0.91 0.33 0.24 6.74 Camp Lode Fresh
HWD_285 460.00 438.57 445.52 6.95 4.66 1.54 0.89 0.52 10.41 Camp Lode Fresh
HWD_287 254.50 232.55 237.50 4.95 2.93 0.8 0.2 0.12 3.27 Camp Lode Fresh
HWD_288 320.50 301.38 304.43 3.05 2.52 2.1 0.11 0.18 6.24 Camp Lode Fresh
HWD_289 206.50 174.75 175.50 0.75 0.68 0.13 0 0.1 1.8 Camp Lode Fresh
HWD_290 407.50 386.53 393.93 7.40 6.16 0.4 1.74 1.49 21.07 Camp Lode Fresh
HWD_291 119.50 91.50 98.29 6.79 5.37 1.04 0.51 0.32 6.57 Camp Lode Fresh
HWD_292B 641.50 622.29 625.39 3.10 2.49 0.72 1.8 0.43 10.3 Camp Lode Fresh
HWD_297 666.20 647.60 651.45 3.85 2.43 1.75 0.43 0.33 10.99 Camp Lode Fresh
HWD_301 365.50 341.78 350.30 8.52 6.15 1.67 0.31 0.25 10.68 Camp Lode Fresh
HWD_305 463.50 446.74 447.28 0.54 0.54 1.29 0.32 0.49 18.00 Camp Lode Fresh
HWD_325 416.50 390.62 401.05 10.43 6.39 1.25 1.63 0.70 0.50 Camp Lode Fresh
HWD_328C 695.80 661.20 674.60 13.40 11.77 0.77 0.16 0.16 4.85 Camp Lode Fresh
HWD_337 514.90 483.93 499.70 15.77 10.69 1.76 0.23 0.33 2.89 Camp Lode Fresh
HWD_340 610.60 572.40 594.95 22.35 13.36 1.03 1.46 0.57 9.62 Camp Lode Fresh
HWD_210 850.50 822.06 829.22 7.16 5.63 0.65 0.61 0.72 10.01 Crossroads Ext Fresh
HWD_222 1000.00 970.25 978.87 8.62 7.50 0.79 0.38 0.48 8.14 Crossroads Ext Fresh
HWD_246 896.50 872.68 882.02 9.34 8.40 0.74 0.96 0.57 10.16 Crossroads Ext Fresh
HWD_248 390.50 365.97 370.41 4.44 3.25 0.67 1.55 0.40 12.88 Crossroads Ext Fresh
HWD_256 139.90 116.53 124.70 8.17 4.83 0.50 1.25 0.52 13.97 Crossroads Ext Fresh
HWD_257 539.50 506.90 521.07 14.17 11.03 0.66 1.24 0.70 10.89 Crossroads Ext Fresh
HWD_259 797.50 779.74 783.87 4.13 3.26 0.69 0.39 0.33 4.55 Crossroads Ext Fresh
HWD_261 788.50 760.81 766.13 5.32 4.05 1.12 0.16 0.12 2.60 Crossroads Ext Fresh
HWD_266 809.50 777.63 788.90 11.27 9.31 0.67 0.64 0.59 10.64 Crossroads Ext Fresh
HWD_272 380.50 349.00 361.84 12.84 10.10 0.83 0.43 0.59 7.91 Crossroads Ext Fresh
HWD_273 608.50 587.57 594.47 6.90 6.20 0.37 0.48 0.64 11.09 Crossroads Ext Fresh
HWD_276 533.50 516.15 518.02 1.87 1.59 0.19 2.21 0.70 17.73 Crossroads Ext Fresh
HWD_277 323.50 305.81 308.10 2.29 1.84 1.45 0.23 0.41 10.32 Crossroads Ext Fresh
HWD_278 207.50 190.31 192.03 1.72 1.22 1.75 0.48 0.48 13.93 Crossroads Ext Fresh
HWD_279 113.50 92.40 94.43 2.03 1.11 1.76 0.20 0.65 12.79 Crossroads Ext Fresh
HWD_280 500.50 479.50 484.40 4.90 4.30 0.38 0.89 0.77 11.41 Crossroads Ext Fresh
HWD_282 449.50 427.03 435.00 7.97 7.41 0.64 0.67 0.58 7.93 Crossroads Ext Fresh
HWD_283 383.50 262.38 271.84 9.46 7.97 0.62 0.73 0.53 7.94 Crossroads Ext Fresh
HWD_284 689.50 659.00 665.52 6.52 4.74 0.45 0.55 0.32 5.96 Crossroads Ext Fresh
HWD_286B 557.90 532.35 541.16 8.81 8.08 0.61 0.62 0.51 8.42 Crossroads Ext Fresh
HWD_293B 629.50 573.68 584.30 10.62 5.05 0.54 0.38 0.32 5.30 Crossroads Ext Fresh
HWD_294 600.70 603.71 613.44 9.73 7.51 0.66 0.15 0.44 5.84 Crossroads Ext Fresh
HWD_298 655.00 629.89 636.60 6.71 5.11 0.78 0.52 0.82 15.39 Crossroads Ext Fresh
HWD_300 464.50 447.05 449.04 1.99 1.60 1.57 0.32 0.29 9.42 Crossroads Ext Fresh
HWD_302 365.50 344.95 350.11 5.16 3.03 0.63 0.17 0.19 6.03 Crossroads Ext Fresh
HWD_303 584.40 565.39 569.52 4.13 2.63 0.34 2.33 0.84 15.07 Crossroads Ext Fresh
HWD_306 749.50 725.30 733.90 8.60 6.48 0.52 0.89 0.63 6.72 Crossroads Ext Fresh
HWD_321B 444.50 419.49 428.55 9.06 6.37 0.67 0.48 0.54 7.55 Crossroads Ext Fresh
HWD_326 484.50 463.34 468.88 5.54 4.68 0.87 0.89 0.74 10.57 Crossroads Ext Fresh
HWD_327 304.60 280.19 288.66 8.47 5.66 0.47 1.38 0.63 11.51 Crossroads Ext Fresh
HWD_329 444.70 422.24 429.33 7.09 6.43 0.46 1.15 0.44 1.45 Crossroads Ext Fresh
HWD_330 209.50 187.20 193.27 6.07 3.16 0.51 1.23 1.07 19.24 Crossroads Ext Fresh
HWD_331 389.50 365.20 374.00 8.80 6.53 0.58 0.35 0.47 6.12 Crossroads Ext Fresh
HWD_332 656.50 633.32 640.60 7.28 4.31 0.88 0.26 0.30 5.68 Crossroads Ext Fresh
HWD_333 358.50 336.37 343.09 6.72 4.60 0.95 0.62 0.52 9.66 Crossroads Ext Fresh
HWD_334 543.50 519.70 528.15 8.45 4.62 0.73 0.46 0.66 11.38 Crossroads Ext Fresh
HWD_335 317.50 291.08 302.42 11.34 8.38 0.63 0.60 0.64 6.68 Crossroads Ext Fresh
HWD_336 495.60 452.00 458.30 6.30 3.99 0.30 1.53 0.70 17.38 Crossroads Ext Fresh
HWD_336 495.60 471.80 476.82 5.02 3.18 0.11 3.17 0.82 14.75 Crossroads Ext Fresh
HWD_339 496.60 470.06 480.80 10.74 6.99 0.81 1.18 0.30 11.35 Crossroads Ext Fresh
HWD_341 547.70 524.38 531.87 7.49 6.16 0.53 0.88 0.57 9.02 Crossroads Ext Fresh
HWD_338 455.50 - - - - - - - - Crossroads Ext No Mineralisation
HWD_229 221.50 192.48 205.81 13.33 9.32 0.47 1.46 0.67 8.97 Crossroads Lode Fresh
HWD_231 206.50 180.33 189.85 9.52 7.44 0.55 1.95 0.72 11.90 Crossroads Lode Fresh
HWD_233 225.60 202.45 210.16 7.71 5.86 1.01 1.48 0.71 11.58 Crossroads Lode Fresh
HWD_237 299.50 278.00 284.36 6.36 4.50 1.34 0.93 0.67 11.84 Crossroads Lode Fresh
HWD_238 165.70 145.30 150.10 4.80 3.30 1.26 1.58 0.75 16.51 Crossroads Lode Fresh
HWD_240 165.70 138.28 150.88 12.60 8.60 0.56 1.12 0.70 11.32 Crossroads Lode Fresh
HWD_241 298.00 270.55 274.22 3.67 2.50 1.13 0.32 0.42 10.35 Crossroads Lode Fresh
HWD_243 215.50 194.50 197.00 2.62 1.70 1.59 1.60 0.72 14.85 Crossroads Lode Fresh
HWD_245 206.00 177.35 188.71 11.36 8.00 0.76 1.21 0.55 10.40 Crossroads Lode Fresh
HWD_249 227.20 197.90 208.00 10.48 7.00 0.56 1.61 0.73 12.01 Crossroads Lode Fresh
HWD_253 158.50 134.78 145.00 9.75 6.00 0.66 1.47 0.78 13.09 Crossroads Lode Fresh
HWD_255 92.50 65.00 73.68 8.68 5.39 0.35 1.32 0.62 9.12 Crossroads Lode Fresh
HWD_263 134.50 114.08 118.55 4.47 3.34 0.69 1.52 0.60 10.52 Crossroads Lode Fresh
HWD_307B 68.50 42.90 51.93 9.03 6.32 0.97 0.34 0.27 6.66 Central Zone Transition
HWD_308 60.00 42.70 45.60 2.90 2.51 2.49 0.09 1.16 19.89 Central Zone Transition
HWD_310 62.50 41.55 47.90 6.35 5.20 2.14 0.54 0.74 14.55 Central Zone Transition
HWD_312 68.50 52.00 53.40 1.40 0.70 1.10 0.04 0.01 0.50 Central Zone Transition
HWD_313 68.50 34.04 41.50 7.46 5.44 0.02 0.03 2.92 17.89 Central Zone Transition
HWD_314 68.30 35.50 38.10 2.60 1.89 0.01 0.01 2.34 49.65 Central Zone Transition
HWD_315 64.50 31.72 35.18 3.46 1.76 0.88 0.04 0.89 23.04 Central Zone Transition
HWD_316 68.50 36.87 43.80 6.93 3.26 1.31 0.49 1.26 19.85 Central Zone Transition
HWD_317B 68.50 40.78 44.10 3.32 2.74 0.77 0.15 1.42 19.99 Central Zone Transition
HWD_318 70.50 45.50 48.20 2.70 1.90 1.04 1.90 1.43 33.59 Central Zone Transition
HWD_320 71.00 50.80 52.90 2.10 1.49 1.17 0.30 2.18 42.54 Central Zone Transition
HWD_322 65.50 43.16 45.15 1.99 1.69 2.74 0.11 2.05 41.69 Central Zone Transition
HWD_230 122.50 103.98 106.70 2.72 1.71 0.62 2.67 0.74 10.76 Central Zone Fresh
HWD_232 187.50 168.63 172.52 3.89 2.48 0.88 2.05 0.57 1.92 Central Zone Fresh
HWD_234 125.50 101.11 104.65 3.54 2.25 0.54 2.73 0.55 14.31 Central Zone Fresh
HWD_235 182.50 164.93 166.24 1.31 0.90 1.70 0.18 0.29 5.38 Central Zone Fresh
HWD_239 115.50 91.70 94.58 2.88 1.70 0.41 1.52 1.32 16.85 Central Zone Fresh
HWD_242 120.50 89.46 92.02 2.56 1.70 0.30 4.26 0.42 20.57 Central Zone Fresh
HWD_244 123.50 105.46 106.00 0.30 0.25 0.81 0.13 0.50 6.50 Central Zone Fresh
HWD_247 193.50 150.40 150.75 0.35 0.30 0.08 1.04 0.82 7.40 Central Zone Fresh
HWD_250 183.50 159.97 161.00 0.77 0.50 0.59 0.98 0.62 10.38 Central Zone Fresh
HWD_252 110.50 98.95 99.40 0.45 0.30 0.22 1.84 2.01 20.40 Central Zone Fresh
HWD_254 168.40 139.14 140.09 0.95 0.68 1.57 3.12 0.42 24.30 Central Zone Fresh
HWD_258 155.50 138.60 139.69 1.09 0.81 0.39 4.45 1.13 11.01 Central Zone Fresh
HWD_260 135.50 118.70 119.98 1.28 0.89 0.66 2.77 0.43 12.15 Central Zone Fresh
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