REG - Thor Mining PLC - Molyhil Third Drillhole Intercepts Mineralisation
07/12/2021 07:00
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RNS Number : 7610U Thor Mining PLC 07 December 2021
7 December 2021
Thor Mining PLC
Molyhil Continues to Grow with Third Drillhole Intercepting Mineralisation
Molyhil Project, Northern Territory
The Directors of Thor Mining Plc ("Thor" or the "Company") (AIM, ASX: THR,
OTCQB: THORF) are pleased to announce that the third follow up diamond
drillhole (21MHDD003) at the Molyhil Critical Minerals Project, Northern
Territory, reinforces the newly discovered extension of
scheelite-molybdenite-chalcopyrite mineralisation within a magnetite skarn.
Project highlights:
§ 21MHDD003 intercepts disseminated scheelite-molybdenite-chalcopyrite mineralisation in magnetite skarn, confirming the south-east plunging high-grade 3D mineralisation model.
§ 21MHDD002 intercepted over 45m of disseminated scheelite-molybdenite-chalcopyrite mineralisation in a massive magnetite-rich skarn and the third drill hole was designed to target the projection of 21MHDD002 mineralisation down plunge.
§ Three diamond drillholes totalling 995.4m have been completed and confirms that the newly identified magnetic target to the south of the Molyhil deposit is a continuation (possibly offset) of tungsten-molybdenum-copper mineralisation.
§ The new critical minerals discovery resulting from the 3D modelling of the magnetics highlights the potential to grow the Molyhil resource.
§ Extrapolation of the 3D model along strike has identified further high priority targets for drill testing.
Photo 1: 21MHDD003 - 276m; scheelite-molybdenite-chalcopyrite disseminated mineralisation within magnetite skarn may be viewed on the following link:
https://www.thormining.com/sites/thormining/media/maps/21mhdd003_276.jpg (https://www.thormining.com/sites/thormining/media/maps/21mhdd003_276.jpg)
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"We are excited to announce that the third drillhole, 21MHDD003, intercepted
further disseminated tungsten-molybdenum-copper mineralisation within
magnetite skarn, confirming our new critical minerals discovery at the Molyhil
project.
This extension of mineralisation, directly south of the deposit, has
significant positive implications for the overall Molyhil Critical Minerals
project. We look forward to further updating the market when all geological
data and assays are available."
Diamond Drilling Program
Three diamond drillholes (21MHDD001 - 21MHDD003) totalling 995.4m have been successfully tested, and confirmed the newly identified magnetic target, which represents a massive magnetite skarn hosting disseminated tungsten-molybdenum-copper mineralisation, located to the south of the Molyhil Critical Minerals Project (Table A and B and Figure 1 and 2).
Both 21MHDD002 and 21MHDD003 intercepted disseminated mineralisation, consisting of scheelite-molybdenite and chalcopyrite within massive magnetite skarn. Drillhole 21MHDD002 intercepted over 45m of disseminated mineralisation (Photo 2 and 4), whilst 21MHDD003 intercepted two zones over 29m of disseminated mineralisation (Photo 1 and 3). It appears 21MHDD001 intersected the edges of the magnetite skarn drilling over the top of the magnetite skarn lode, with negligible mineralisation. Initial interpretation of data highlights a potential south-east plunging lode extending southeast of the Southern lode with a possible offset (yet to be determined) (Figure 2). Drilling data is now being compiled in order to revise the 3D model.
Previous 3D geological modelling of the Molyhil deposit identified two prominent structures - the Yacht Club fault and South Offset fault (Figure 1 and 2). Based on the geological timing of these faults, they appear to have had a significant impact on mineralisation, such as offsetting the Yacht Club mineralisation from the Southern Lode, hence creating targets for potential extensions. Modelling of the South Offset Fault, relative to the magnetics, strongly implies an offset of the now confirmed magnetite skarn, host to the tungsten-molybdenum-copper mineralisation, south of the South Offset fault.
Diamond drill core is currently being prepared for submission to the
laboratory, with Thor anticipating assay results in the first quarter of 2022.
The drilling program is co-funded by the Geophysics and Drilling
Collaborations (GDC) program as part of the Resourcing the Territory
initiative, with Thor Mining granted A$110,000 (AIM: THR 4 June 2021).
Photo 2: A photo of 21MHDD002 (275.4m) - massive magnetite skarn with disseminated scheelite and molybdenite mineralisation and bands of chalcopyrite may be viewed by the following link:
https://www.thormining.com/sites/thormining/media/maps/p1000233.jpg (https://www.thormining.com/sites/thormining/media/maps/p1000233.jpg)
Photo 3: 21MHDD003 (273.5- 283.5m) - massive magnetite skarn with disseminated scheelite and molybdenite (metallic silver) mineralisation and bands of chalcopyrite (yellow) may be viewed by the following link:
https://www.thormining.com/sites/thormining/media/maps/21mhdd003_core.jpg (https://www.thormining.com/sites/thormining/media/maps/21mhdd003_core.jpg)
Photo 4: Scheelite crystals (CaW0(4)) under Ultra-Violet light surrounded by
chalcopyrite (CuS(2)) and molybdenite (MoS(2)) within massive magnetite skarn
- 21MHDD002 may be view by the following link:
https://www.thormining.com/sites/thormining/media/maps/core_uv.jpg
(https://www.thormining.com/sites/thormining/media/maps/core_uv.jpg)
Figure 1: Plan view, looking down at the conceptual pit shell (brown), with
the 0.3% WO(3) isosurface in blue, 0.15% Mo isosurface in silver, and modelled
3D magnetics in transparent red. The yellow dashed line shows the location of
the long section (Figure 3). Interpreted mineralisation model shown in yellow.
21MHDD001, 21MHDD002 and 21MHDD003 hole traces. Figure 1 may be viewed by the
following link:
https://www.thormining.com/sites/thormining/media/maps/plan-view_dec21.jpg
(https://www.thormining.com/sites/thormining/media/maps/plan-view_dec21.jpg)
Figure 2. Long section of the Molyhil project looking west-northwest, showing
the three holes drilled in 2021 (21MHDD001 - 21MHDD003). Drilled holes
21MHDD002 and 21MHDD003 intercepted tungsten-molybdenum-copper mineralisation
within magnetite skarn, whilst 21MHDD001 is interpreted to have drilled just
over the top of the mineralised zone. Bar graph to the left of the drillholes
shows Fe in XRF readings, indicating magnetite-rich skarn. Mineralisation
remains open at depth. The conceptual pit shell is shown in brown, 0.3% WO(3)
isosurface in blue, 0.15% Mo isosurface in silver, and modelled 3D magnetics
in red (0.175 SI), and as a transparent red envelope (0.15 SI) and a
conceptual shape representing the down-plunge mineralised zone in yellow.
Figure 2 may be viewed on the following link:
https://www.thormining.com/sites/thormining/media/maps/x-section_dec21.jpg
(https://www.thormining.com/sites/thormining/media/maps/x-section_dec21.jpg)
NEXT STEP
The newly discovered extension of the tungsten-molybdenum-chalcopyrite mineralisation to the south of the Molyhil deposit, has validated the successful 3D modelling of the geology, magnetics and mineralisation. The newly acquired data will be used to finesse the 3D model prior to follow up potential resource drilling.
This 3D modelling has identified further high priority targets for drill testing along strike (Figure 3).
Figure 3. 3D modelling of magnetics (transparent red) highlights Molyhil deposit and the recently drilled southeast plunging extension, plus drill targets along strike may be viewed by the following link:
https://www.thormining.com/sites/thormining/media/maps/regional-targets.jpg (https://www.thormining.com/sites/thormining/media/maps/regional-targets.jpg)
Project Background
The Molyhil deposit is located 220 kilometres north-east of Alice Springs (320 km by road) within the prospective polymetallic province of the Proterozoic Eastern Arunta Block, in the Northern Territory (Figure 3).
In April 2021 (THOR:AIM Announcement 8 April 2021) a revised Mineral Resource estimate comprising Measured, Indicated, and Inferred Mineral Resources, totalling 4.4 million tonnes at 0.27% WO(3) (Tungsten trioxide), 0.10% Mo (Molybdenum), and 0.05% Cu (Copper) using a 0.07% WO(3) cut-off.
https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf (https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf)
Figure 4: The Tenement & Prospect Location Plan may be viewed by the
following link:
https://www.thormining.com/sites/thormining/media/maps/molyhilmap.jpg
(https://www.thormining.com/sites/thormining/media/maps/molyhilmap.jpg)
Table A: Drill Hole Collar Summary
DRILLHOLE EASTING NORTHING ELEVATION AZIMUTH DIP End Of Hole
21MHDD001 577207 7482773 409 262 60 324.5
21MHDD002 577220 7482774 409 278 60 334.2
21MHDD003 577069 7482780 412 082 87 336.7
Coordinates in GDA 94 Zone 53
Table B: Geology
DRILLHOLE GEOLOGY FROM (M) TO (M) DOWNHOLE INTERCEPT (M)
21MHDD001 Calc-Silicate 159.1 255.8 96.7
21MHDD002 Magnetite Skarn 249.7 296.6 46.9
21MHDD003 Magnetite Skarn 254 258 4
21MHDD003 Magnetite Skarn 274.5 283.5 9
This announcement is authorised for release to the market by the Board of
Directors.
- Ends -
For further information on the Company, please visit www.thormining.com
(http://www.thormining.com) or contact the following:
Thor Mining PLC
Nicole Galloway Warland, Managing Director Tel: +61 (8) 7324 1935
Ray Ridge, CFO / Company Secretary Tel: +61 (8) 7324 1935
WH Ireland Limited (Nominated Adviser and Joint Broker) Tel: +44 (0) 207 220 1666
Jessica Cave / Darshan Patel / Megan Liddell
Jasper Berry (Corporate Broking)
Tel: +44 (0) 1483 413 500
SI Capital Limited (Joint Broker)
Nick Emerson
Yellow Jersey (Financial PR) thor@yellowjerseypr.com
Sarah Hollins / Henry Wilkinson Tel: +44 (0) 20 3004 9512
Competent Persons Report
The information in this report that relates to Exploration Results and the
Estimation and Reporting Molyhil Mineral Resource Estimation is based on
information compiled by Nicole Galloway
Warland, who holds a BSc Applied geology (HONS) and who is a Member of
The Australian Institute of Geoscientists. Ms Galloway Warland is an employee
of Thor
Mining PLC. She has sufficient experience which is relevant to the style of mineralisation and type of deposit
under consideration and to the activity which she is undertaking to qualify as
a Competent Person as defined in the 2012 Edition of the 'Australasian Code
for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.
Nicole Galloway Warland consents to the inclusion in the report of the matters
based on her information in the form and context in which it appears.
Updates on the Company's activities are regularly posted on Thor's website
www.thormining.com (http://www.thormining.com/) , which includes a facility to
register to receive these updates by email, and on the Company's twitter page
@ThorMining.
About Thor Mining PLC
Thor Mining PLC (AIM, ASX: THR; OTCQB: THORF) is a diversified resource
company quoted on the AIM Market of the London Stock Exchange, ASX in
Australia and OTCQB Market in the United States.
The Company is advancing its diversified portfolio of precious, base, energy
and strategic metal projects across USA and Australia. Its focus is on
progressing its copper, gold, uranium and vanadium projects, while seeking
investment/JV opportunities to develop its tungsten assets.
Thor owns 100% of the Ragged Range Project, comprising 92 km(2) of exploration
licences with highly encouraging early-stage gold and nickel results in the
Pilbara region of Western Australia, for which drilling is currently underway.
At Alford East in South Australia, Thor is earning an 80% interest in
copper-gold deposits considered amenable to extraction via In Situ Recovery
techniques (ISR). In January 2021, Thor has announced an Inferred Mineral
Resource Estimate of 177,000 tonnes contained copper & 71,000 oz
gold¹.
Thor also holds a 30% interest in Australian copper development company
EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest
in the mineral rights and claims over the resource on the portion of the
historic Kapunda copper mine and the Alford West copper project, both situated
in South Australia, and both considered amenable to recovery by way of
ISR.²³
Thor holds 100% interest in two private companies with mineral claims in the
US states of Colorado and Utah with historical high-grade uranium and vanadium
drilling and production results.
Thor holds 100% of the advanced Molyhil tungsten project, including measured,
indicated and inferred resources⁴, in the Northern Territory of Australia,
which was awarded Major Project Status by the Northern Territory government in
July 2020.
Adjacent to Molyhil, at Bonya, Thor holds a 40% interest in deposits of
tungsten, copper, and vanadium, including Inferred resource estimates for the
Bonya copper deposit, and the White Violet and Samarkand tungsten deposits.⁵
Notes
(1) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf)
(2) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf)
³
www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf
(http://www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf)
(4)
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf)
(5
)www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf
(http://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf)
Compliance with the JORC Code Assessment Criteria
The JORC Code (2012) describes a number of criteria, which must be addressed
in the documentation of Mineral Resource estimates, prior to public release of
the information. These criteria provide a means of assessing whether or not
the data inventory used in the estimate is adequate for that purpose. The
resource estimate stated in this document was based on the criteria set out in
Table 1 of that Code. These criteria have been discussed in the main body of
the document and are summarised below. Only sections relevant to the reported
resource have been addressed. The JORC Code Assessment Criteria in the
following table are italicised.
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
Criteria JORC Code explanation Commentary
Sampling techniques · Nature and quality of sampling (eg cut channels, · Report refers to visual geological logging only
random chips, or specific specialised industry standard measurement tools
appropriate to the minerals under investigation, such as down hole gamma · Drilling was conducted by Durock Drilling Pty Ltd
sondes, or handheld XRF instruments, etc). These examples should not be taken
as limiting the broad meaning of sampling. · Core to be cut for sample preparation
· Include reference to measures taken to ensure · pXRF taken every 0.5m down hole
sample representivity and the appropriate calibration of any measurement tools
or systems used. · Magnetic susceptibility recorded every 1m down hole
· Aspects of the determination of mineralisation · UV light used for tungsten/scheelite visual estimates
that are Material to the Public Report.
· In cases where 'industry standard' work has been
done this would be relatively simple (eg 'reverse circulation drilling was
used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g
charge for fire assay'). In other cases more explanation may be required, such
as where there is coarse gold that has inherent sampling problems. Unusual
commodities or mineralisation types (eg submarine nodules) may warrant
disclosure of detailed information.
Drilling techniques · Drill type (eg core, reverse circulation, open-hole hammer, rotary · Diamond drilling
air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or
standard tube, depth of diamond tails, face-sampling bit or other type, · 21MH001 - HQ 0-20m followed by NQ2
whether core is oriented and if so, by what method, etc).
· 21MHDD02 - HQ
· 21MHDD003 - HQ
· Oriented core
Drill sample recovery · Method of recording and assessing core and chip sample recoveries and · Recovery from diamond core was recorded for all core runs, with
results assessed. overall recovery very good. All diamond core was oriented where possible.
· Measures taken to maximise sample recovery and ensure representative · Diamond core was reconstructed into continuous runs for
nature of the samples. orientation marking with depths checked against core blocks.
· Whether a relationship exists between sample recovery and grade and · No relationship was noted between recorded sample recovery and
whether sample bias may have occurred due to preferential loss/gain of grade.
fine/coarse material.
Logging · Whether core and chip samples have been geologically and · All holes were field logged by company geologists to a high level
geotechnically logged to a level of detail to support appropriate Mineral of detail.
Resource estimation, mining studies and metallurgical studies.
· Core was oriented and routinely logged for RQD, alpha/beta
· Whether logging is qualitative or quantitative in nature. Core (or angles, dips, azimuths, and true dips.
costean, channel, etc) photography.
· All drill samples were logged for lithology, rock type, colour,
· The total length and percentage of the relevant intersections logged. mineralisation, alteration, and texture. It has been standard practice by Thor
(since 2005), that all diamond core be routinely photographed.
· All drill holes were logged in full.
Sub-sampling techniques and sample preparation · If core, whether cut or sawn and whether quarter, half or all core · Diamond core to be cut in half using a core saw with half core
taken. submitted for assay.
· If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.
· For all sample types, the nature, quality and appropriateness of the
sample preparation technique.
· Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
· Measures taken to ensure that the sampling is representative of the
in situ material collected, including for instance results for field
duplicate/second-half sampling.
· Whether sample sizes are appropriate to the grain size of the
material being sampled.
Quality of assay data and laboratory tests · The nature, quality and appropriateness of the assaying and · Core currently be prepared for cutting - half core - prior to
laboratory procedures used and whether the technique is considered partial or submission to laboratory.
total.
· Magnetic susceptibility recorded every 1.0m down hole.
· For geophysical tools, spectrometers, handheld XRF instruments, etc,
the parameters used in determining the analysis including instrument make and · pXRF recording recorded every 1.0m down hole.
model, reading times, calibrations factors applied and their derivation,
etc.Ba, Mo
· Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (ie lack of bias) and precision have been established.
Verification of sampling and assaying · The verification of significant intersections by either independent · No assay data reported - samples being prepared for laboratory
or alternative company personnel. submission
· The use of twinned holes.
· Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
· Discuss any adjustment to assay data.
Location of data points · Accuracy and quality of surveys used to locate drill holes (collar · Drill hole collars and starting azimuths have been surveyed using
and down-hole surveys), trenches, mine workings and other locations used in GPS (-/+ 5m) - for later DGPS pick ups
Mineral Resource estimation.
· Drill hole locations were positioned using the MGA Grid System.
· Specification of the grid system used.
· The topographic surface is highly accurate with DPG (-/+1m)
· Quality and adequacy of topographic control.
Data spacing and distribution · Data spacing for reporting of Exploration Results. · Drill holes have been located to test a newly defined magnetic
target to the south of the Molyhil lodes.
· Whether the data spacing and distribution is sufficient to establish
the degree of geological and grade continuity appropriate for the Mineral · Drillhole spacing is sufficient to test geological target
Resource and Ore Reserve estimation procedure(s) and classifications applied.
· Whether sample compositing has been applied.
Orientation of data in relation to geological structure · Whether the orientation of sampling achieves unbiased sampling of · Drill holes are orientated / predominantly drilled at an angle of
possible structures and the extent to which this is known, considering the -60° to the west which is approximately perpendicular to the orientation of
deposit type. the interpreted target.
· 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. · Core is onsite where it will be cut prior to sample submission
with chain of custody measures implemented.
Audits or reviews · The results of any audits or reviews of sampling techniques and data. · A review of sampling techniques and data has been carried out as
Thor transition from inhouse based database to online hosted database with
MaxGeo.
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral tenement and land tenure status · Type, reference name/number, location and ownership including · The tenements at Molyhil comprise EL22349, ML23825, ML24429 and
agreements or material issues with third parties such as joint ventures, ML25721. For all tenements Thor Mining PLC hold 100% Project Equity.
partnerships, overriding royalties, native title interests, historical sites,
wilderness or national park and environmental settings. · Thor has completed the Public Environmental Report for the
Molyhil Tungsten and Molybdenum Project. This report has been accepted by the
· The security of the tenure held at the time of reporting along with Department of Regional Development, Primary Industry, Fisheries and Resources
any known impediments to obtaining a licence to operate in the area. in the Northern Territory
· This report was approved on the 15th July 2007 by the DRDPIFR
(NT), who also confirmed in December 2011 that the approval remains current.
The report is available on request.
· Thor Mining PLC has also obtained all the required agreements
between the Traditional Owners of the land, and Thor Mining PLC, to enable the
Molyhil Operations to proceed with the recognition and support of the
Traditional Owners.
· The Tripartite Deed records the terms of the Agreement between
the parties in accordance with the Native Title Act and is between the
Arrapere People, the Central Land Council and Thor Mining PLC.
· There are no known impediments to obtaining a licence to operate
in the area.
Exploration done by other parties · Acknowledgment and appraisal of exploration by other parties. · Tungsten and molybdenum mineralisation was originally discovered
at Molyhil in 1973. The Molyhil deposit was initially drilled in 1977 with
further drilling carried out in 1981. The work was carried out by Fama Mines
Pty Ltd, Petrocarb NL, Nicron resources NL and Geopeko. Between 1975 and 1976
approximately 20kt of molybdenum and tungsten mineralisation were mined from
the northern Yacht Club skarn body to a depth of approximately 25m.
Geology · Deposit type, geological setting and style of mineralisation. · The Molyhil deposit consists of two adjacent outcropping iron
rich skarn bodies, marginal to a granite intrusion, that contain scheelite
(tungsten mineralisation as CaWO(4)) and molybdenite (molybdenum as MoS(2))
mineralogy. Both the outlines of, and the banding within, the skarn bodies
strike approximately north-south and dip steeply to the east. The bodies are
arranged in an en échelon manner, the northeast body being named the Yacht
Club and the southwest body the Southern.
Drill hole Information · A summary of all information material to the understanding of the · A collar summary table is included in report
exploration results including a tabulation of the following information for
all Material drill holes: · In the opinion of Thor, historic drill results have been
adequately reported previously to the market as required under the reporting
o easting and northing of the drill hole collar requirements of the ASX Listing Rules
o elevation or RL (Reduced Level - elevation above sea level in metres) of the
drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
· If the exclusion of this information is justified on the basis that
the information is not Material and this exclusion does not detract from the
understanding of the report, the Competent Person should clearly explain why
this is the case.
Data aggregation methods · In reporting Exploration Results, weighting averaging techniques, · No data aggregation reported.
maximum and/or minimum grade truncations (eg cutting of high grades) and
cut-off grades are usually Material and should be stated.
· Where aggregate intercepts incorporate short lengths of high grade
results and longer lengths of low grade results, the procedure used for such
aggregation should be stated and some typical examples of such aggregations
should be shown in detail.
· The assumptions used for any reporting of metal equivalent values
should be clearly stated.
Relationship between mineralisation widths and intercept lengths · These relationships are particularly important in the reporting of · Drill holes were orientated predominantly to an azimuth of 270°
Exploration Results. and angled to a dip of -60°, which is approximately perpendicular to the
orientation of the mineralised trends.
· 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 · Location, section and plans included in report.
intercepts should be included for any significant discovery being reported.
These should include, but not be limited to a plan view of drill hole collar
locations and appropriate sectional views.
Balanced reporting · Where comprehensive reporting of all Exploration Results is not · Exploration results are not being reported.
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 · 3D geological and magnetic modelled data included in report.
reported including (but not limited to): geological observations; geophysical
survey results; geochemical survey results; bulk samples - size and method of
treatment; metallurgical test results; bulk density, groundwater, geotechnical
and rock characteristics; potential deleterious or contaminating substances.
Further work · The nature and scale of planned further work (eg tests for lateral · Based on revised modelling of data additional drilling is
extensions or depth extensions or large-scale step-out drilling). planned.
· Diagrams clearly highlighting the areas of possible extensions, · Possible extensions are shown on diagrams
including the main geological interpretations and future drilling areas,
provided this information is not commercially sensitive.
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