ARDEA RESOURCES LIMITED - Capital/Financing Update 2018

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Drilling confirms continuity of cobalt and nickel mineralisation

ASX & Media Release

15 February 2018

RC drilling at Goongarrie Nickel-Cobalt Project to improve confidence and upgrade resources delivers better than expected results

ASX Symbol

ARL

Ardea Resources Limited Suite 2 / 45 Ord St West Perth WA 6005

Final stages of Pre-Feasibility Study refinement to optimise the flowsheet for the Goongarrie Nickel Cobalt Project.

PO Box 1433 West Perth WA 6872

Infill RC drilling confirms continuity of mineralisation in optimised pit footprint areas:

Telephone

Ensures reliability of modelling and mine scheduling.

+61 8 6244 5136

Providing samples for variability test work and marketing studies

Email

Better than expected intercepts are from outside the areas planned for early stage mining, including:

[email protected]

Website

AGSR0005 32 m at 0.09 % cobalt and 1.06 % nickel from 16 m[1] including 14 m at 0.15 % cobalt and 1.46 % nickel from 22 m[2]

www.ardearesources.com.au

AGSR0009 56 m at 0.07 % cobalt and 1.09 % nickel from 12 m[1] including 16 m at 0.11 % cobalt and 1.20 % nickel from 30 m[2]

Directors

Katina Law

Chair

AGSR0015 32 m at 0.08 % cobalt and 0.87 % nickel from 32 m[1] including 24 m at 0.10 % cobalt and 0.99 % nickel from 36 m[2]

Matt Painter Managing Director

Ian Buchhorn Technical Executive Director

Many of these intercepts are from the Elsie South deposit, adjacent to the proposed plant site.

Wayne Bramwell Non-Executive Director

RC drilling is ongoing. Further results to be reported once compiled.

Issued Capital

Diamond drilling has commenced:

Fully Paid Ordinary Shares 89,721,992

Will provide QAQC confidence in RC drilling results,

Unlisted options exercisable at $0.25 12,310,022

Primary source for metallurgical variability test work samples.
Source for production of marketing samples.

Unlisted Loyalty options exercisable at $0.77 16,464,863

Directors/Employee Performance Rights 4,230,000

1 Calculated using a 0.50 % nickel cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

2 Calculated using a 0.08 % cobalt cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

ABN 30 614 289 342

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Work on the Pre-Feasibility Study (PFS) for the Goongarrie Nickel-Cobalt Project is continuing. Refinement of various models, including financial, resource, and mining models, is reaching its final stages with a view to optimising efficiencies throughout the mining and production processes. Iterative developments, such as the incorporation of acid neutralisers from in-pit mineralised carbonates and optimisation of available ground and process water and process water can further enhance the project and ensure maximum recovery of cobalt and nickel.

Ardea continues to assess opportunities that could further realise efficiencies in development and mining at Goongarrie. Several option studies are underway that could have a material positive impact upon the project. The company is working hard to complete these in the scheduled timeframe.

The aim of the Company is to develop a long-lived, multi-decade mine that will produce nickel sulphate and cobalt sulphate for the expanding battery industry. A 1 Mtpa project is the base case development scenario being assessed by Ardea, with scoping at several higher throughput scenarios. Ardea must demonstrate robust resources and reserves, mining schedules, and high-purity pilot marketing samples of cobalt sulphate and nickel sulphate for third party evaluation. To this end, drilling continues at Goongarrie.

RC drilling program results

RC drilling commenced at Goongarrie at the end of November 2017. This program is specifically targeting an increase drill hole density, and therefore resource confidence and classification, in open pit targets defined by early-stage optimisation studies. These pits will centre on known cobalt and nickel orebodies which are shown in Figure 1.

New results from this program show significant mineralisation, as expected, at the Goongarrie NickelCobalt Project. RC drilling has initially focused on the Pamela West and Elsie South deposits (Figure 1). The results of that drilling comprising the first 43 drill holes are presented in Appendix 1, with highlights shown below.

Pamela West deposit[3]

6669840 mN section AGSR0001 24 m at 0.07 % cobalt and 0.62 % nickel from 8.3 m[4] including 4 m at 0.21 % cobalt and 0.85 % nickel from 14.3 m[5] AGSR0002 22 m at 0.07 % cobalt and 1.04 % nickel from 8 m[4] including 2 m at 0.20 % cobalt and 0.90 % nickel from 10 m[5] 6669760 mN section AGSR0005 32 m at 0.09 % cobalt and 1.06 % nickel from 16 m[4] including 14 m at 0.15 % cobalt and 1.46 % nickel from 22 m[5]

3 Drillholes for the Pamela West deposit are listed first by section (north to south), then by hole west to east

4 Calculated using a 0.50 % nickel cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

5 Calculated using a 0.08 % cobalt cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

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Figure 1 - Deposits of the Goongarrie Nickel-Cobalt Project, from Sylvia Virginia in the north to Scotia Dam in the south, a distance of 16 km. Active mining tenements are outlined in black. Deposits are marked by significant cobalt and nickel mineralisation and are encased within the overall nickel envelope (green, Ni>0.5%). Mining schedules are being finalised, but initial mining is likely to occur at Patricia Anne and Pamela Jean. These and the Elsie Tynan deposits are the current focus of drilling. RC drilling has also commenced further south at the Mavis Irene and Canegrass South deposits at Big Four.

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Elsie South deposit[6]

6667760 mN section

AGSR0022 14 m at 0.06 % cobalt and 0.75 % nickel from 28 m[7] including 4 m at 0.11 % cobalt and 0.79 % nickel from 38 m[8]

AGSR0026 26 m at 0.06 % cobalt and 0.99 % nickel from 10 m[7] including 8 m at 0.10 % cobalt and 1.28 % nickel from 22 m[8]

6667680 mN section

AGSR0009 56 m at 0.07 % cobalt and 1.09 % nickel from 12 m[7] including 16 m at 0.11 % cobalt and 1.20 % nickel from 30 m[8]

6667600 mN section

AGSR0015 32 m at 0.08 % cobalt and 0.87 % nickel from 32 m[7] including 24 m at 0.10 % cobalt and 0.99 % nickel from 36 m[8]

Results from the drilling to date show strong continuity between drill holes. This is a hallmark of the Goongarrie Project in particular and of several ‘goethite´ style (yellow) laterite nickel-cobalt deposits in general. It contrasts sharply with the more siliceous and nontronitic style (green) laterite deposits which can exhibit marked variation between holes.

Resource confidence continues to grow with this drilling verifying continuity. This will ensure that mining schedules are easily and reliably modelled, and that resources provide an accurate estimate of in-ground metal values and reliable plant feed. As a result, there is high confidence in the various mineralisation models constructed for the PFS.

At Pamela West, mineralisation commonly starts within 10 m of surface, whereas lacustrine clay cover at Elsie South means that mineralisation is usually deeper though commonly within 15 m of surface. Grades at Elsie South are generally lower, but this deposit has the advantage of close proximity to the planned plant site.

All defined intercepts from the program are listed in Appendix 3.

Scandium results

Scandium levels at Pamela West and Elsie South are typically low, generally around 50 g/t, but with thicknesses of up to 20 m. Notable intercepts include:

AGSR0016 20 m at 50 g/t scandium and 0.671 % nickel from 10 m[9]

AGSR0039 4 m at 80 g/t scandium and 0.971 % nickel from 34 m[9]

Scandium is being assayed systematically throughout all current and future programs with the aim of better defining the scandium opportunity within the Goongarrie Nickel-Cobalt Project.

6 Drillholes for the Elsie South deposit are listed first by section (north to south), then by hole west to east

7 Calculated using a 0.50 % nickel cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

8 Calculated using a 0.08 % cobalt cut-off, 2 m minimum intercept, and 4 m maximum internal waste.

9 Calculated using a 50 g/t scandium cut-off, 2 m minimum intercept, and 4 m maximum internal waste

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Figure 2 – Location of new drilling (white dots, abbreviated hole number) at Pamela West and Elsie South (with several holes at the southern end of Elsie Tynan). Dark dots show historic drill collars.

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Figure 3 – Cross section of nickel, cobalt, and scandium mineralisation at the 6669840mN section across Pamela West (northernmost section of this current program). Nearly all of the mineralisation is located between the base of alluvium and the top of saprock. Various mineralised envelopes mark the upper and lower extent of the threshold grades depicted. Significant intercepts are shown

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Figure 4 – Cross section of nickel, cobalt, and scandium mineralisation at the 6667680mN section across Elsie South. Nearly all of the mineralisation is located between the base of alluvium and the top of saprock. Various mineralised envelopes mark the upper and lower extent of the threshold grades depicted. Significant intercepts are shown.

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Ongoing drilling at Goongarrie

Drilling is currently underway at the Patricia Anne deposit (Figure 1) where initial logging of holes indicates that strong mineralisation has been intercepted near to surface, validating historic RC drilling in the area. Drilling has also commenced at the Mavis Irene and Canegrass South deposits at Big Four (Figure 1). Results will be released as they come to hand.

Recent RC drilling at Goongarrie South has infilled between historic drill holes to bring the drill hole density down from 80mE x 80mN to 40mE x 80mN. The rationale for the drilling is:

To upgrade resource (and ultimately reserve) definition and classification
To define and quantify variability between drill holes
To provide additional material for DFS test work and for producing marketing samples for third party assessment.

This current phase of drilling (3,700m of drilling in 96 drill holes) will bring all areas marked as a future open pit mine down to at least a 40mE x 80mN drilling density.

This will lead directly onto a second phase of drilling (199 drill holes for over 7,600m) to bring the drilling density down to 40mE x 40mN. This is expected to get underway in the coming weeks upon completion of Phase 1.

Diamond and sonic drilling

Diamond drilling has commenced at Goongarrie. Large diameter PQ triple-tubed diamond drilling is being undertaken to maximise retrieval of soft, high-grade mineralisation. There are several important aims for this program:

To verify QAQC for existing and forthcoming RC drill holes through twinning.
To provide additional sampling of the proposed pits at regular intervals to ensure representivity of all results.
To provide material to produce marketing samples of cobalt sulphate and nickel sulphate for third party evaluation.

A sonic drill rig, which specialises in retrieval of soft material such as that found in high-grade zones at Goongarrie, is scheduled to arrive on site in mid-March to complement the diamond drilling. A total of 45 core holes are planned for 2,160m of drilling at various deposits at Goongarrie.

For further information regarding Ardea, please visit www.ardearesources.com.au or contact:

Ardea Resources:

Dr Matt Painter

Managing Director, Ardea Resources Limited Tel +61 8 6244 5136

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Compliance Statement (JORC 2012)

A competent person’s statement for the purposes of Listing Rule 5.22 has previously been announced by the Company for:

1. Kalgoorlie Nickel Project on 21 October 2013 and 31 June 2014, October 2016, 2016 Heron Resources Annual Report and 6 January 2017;

2. KNP Cobalt Zone Study on 6 January 2017

The Company confirms that it is not aware of any new information or data that materially affects information included in previous announcements, and all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. All projects will be subject to new work programs following the listing of Ardea, notably drilling, metallurgy and JORC Code 2012 resource estimation as applicable.

The information in this report that relates to KNP Exploration Results is based on information originally compiled by previous and current full time employees of Heron Resources Limited and after February 2017 employees of Ardea Resource Limited. The Exploration Results and data collection processes have been reviewed, verified and re-interpreted by Mr Ian Buchhorn who is a Member of the Australasian Institute of Mining and Metallurgy and currently a director of Ardea Resources Limited. Mr Buchhorn has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the exploration activities undertaken 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’. Mr Buchhorn consents to the inclusion in this report of the matters based on his information in the form and context that it appears.

The exploration and industry benchmarking summaries are based on information reviewed by Dr Matthew Painter, who is a Member of the Australian Institute of Geoscientists. Dr Painter is a full-time employee and a director of Ardea Resources Limited and has sufficient experience, which is 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 in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Painter has reviewed this press release and consents to the inclusion in this report of the information in the form and context in which it appears.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements and forward-looking information within the meaning of applicable Australian securities laws, which are based on expectations, estimates and projections as of the date of this news release.

This forward-looking information includes, or may be based upon, without limitation, estimates, forecasts and statements as to management’s expectations with respect to, among other things, the timing and ability to complete the Ardea spin-out, the timing and amount of funding required to execute the Company’s exploration, development and business plans, capital and exploration expenditures, the effect on the Company of any changes to existing legislation or policy, government regulation of mining operations, the length of time required to obtain permits, certifications and approvals, the success of exploration, development and mining activities, the geology of the Company’s properties, environmental risks, the availability of labour, the focus of the Company in the future, demand and market outlook for precious metals and the prices thereof, progress in development of mineral properties, the Company’s ability to raise funding privately or on a public market in the future, the Company’s future growth, results of operations, performance, and business prospects and opportunities. Wherever possible, words such as “anticipate”, “believe”, “expect”, “intend”, “may” and similar expressions have been used to identify such forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and on information available to management at such time. Forward-looking information involves significant risks, uncertainties, assumptions and other factors that could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking information. These factors, including, but not limited to, the ability to complete the Ardea spin-out on the basis of the proposed terms and timing or at all, fluctuations in currency markets, fluctuations in commodity prices, the ability of the Company to access sufficient capital on favourable terms or at all, changes in national and local government legislation, taxation, controls, regulations, political or economic developments in Australia or other countries in which the Company does business or may carry on business in the future, operational or technical difficulties in connection with exploration or development activities, employee relations, the speculative nature of mineral exploration and development, obtaining necessary licenses and permits, diminishing quantities and grades of mineral reserves, contests over title to properties, especially title to undeveloped properties, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other geological data, environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding, limitations of insurance coverage and the possibility of project cost overruns or unanticipated costs and expenses, and should be considered carefully. Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Prospective investors should not place undue reliance on any forward-looking information.

Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure prospective purchasers that actual results will be consistent with such forwardlooking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

No stock exchange, regulation services provider, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.

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Appendix 1 – Collar location data

New drill holes by Ardea Resources

Drill hole	Type	Depth (m)	Date completed	Tenement		Grid	Easting (mE)	Northing (mN)	RL (mASL)	Dip (°)
AGSR0001	RC	40.3	24/11/2017	M29/00272	PamelaWest	MGA94_51	322820	6669840	375	-90
AGSR0002	RC	46.3	26/11/2017	M29/00272	PamelaWest	MGA94_51	322740	6669840	375	-90
AGSR0003	RC	49.3	26/11/2017	M29/00272	PamelaWest	MGA94_51	322660	6669840	375	-90
AGSR0004	RC	67	6/12/2017	M29/00272	PamelaWest	MGA94_51	322740	6669760	375	-90
AGSR0005	RC	62	6/12/2017	M29/00272	PamelaWest	MGA94_51	322660	6669760	375	-90
AGSR0006	RC	56	6/12/2017	M29/00272	ElsieSouth	MGA94_51	323540	6667680	375	-90
AGSR0007	RC	59	7/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667680	375	-90
AGSR0008	RC	59	8/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667680	375	-90
AGSR0009	RC	68	9/12/2017	M29/00272	ElsieSouth	MGA94_51	323300	6667680	375	-90
AGSR0010	RC	68	9/12/2017	M29/00272	ElsieSouth	MGA94_51	323220	6667680	375	-90
AGSR0011	RC	56	10/12/2017	M29/00272	ElsieSouth	MGA94_51	323140	6667680	375	-90
AGSR0012	RC	89	11/12/2017	M29/00272	ElsieSouth	MGA94_51	323100	6667600	375	-90
AGSR0013	RC	74	11/12/2017	M29/00272	ElsieSouth	MGA94_51	323140	6667600	375	-90
AGSR0014	RC	70	12/12/2017	M29/00272	ElsieSouth	MGA94_51	323180	6667600	375	-90
AGSR0015	RC	74	12/12/2017	M29/00272	ElsieSouth	MGA94_51	323220	6667600	375	-90
AGSR0016	RC	41	12/12/2017	M29/00272	ElsieSouth	MGA94_51	323300	6667600	375	-90
AGSR0017	RC	46	12/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667600	375	-90
AGSR0018	RC	35	13/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667600	375	-90
AGSR0019	RC	35	13/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667520	375	-90
AGSR0020	RC	46	13/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667520	375	-90
AGSR0021	RC	65	13/12/2017	M29/00272	ElsieSouth	MGA94_51	323140	6667760	375	-90
AGSR0022	RC	47	14/12/2017	M29/00272	ElsieSouth	MGA94_51	323220	6667760	375	-90
AGSR0023	RC	38	14/12/2017	M29/00272	ElsieSouth	MGA94_51	323300	6667760	375	-90
AGSR0024	RC	44	14/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667760	375	-90
AGSR0025	RC	41	14/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667760	375	-90
AGSR0026	RC	41	14/12/2017	M29/00272	ElsieSouth	MGA94_51	323540	6667760	375	-90
AGSR0027	RC	47	15/12/2017	M29/00272	ElsieTynan	MGA94_51	322860	6667840	375	-90
AGSR0028	RC	47	15/12/2017	M29/00272	ElsieTynan	MGA94_51	322900	6667840	375	-90
AGSR0029	RC	53	15/12/2017	M29/00272	ElsieTynan	MGA94_51	322980	6667840	375	-90
AGSR0030	RC	47	15/12/2017	M29/00272	ElsieTynan	MGA94_51	323060	6667840	375	-90
AGSR0031	RC	44	18/12/2017	M29/00272	ElsieSouth	MGA94_51	323220	6667840	375	-90
AGSR0032	RC	47	18/12/2017	M29/00272	ElsieSouth	MGA94_51	323300	6667840	375	-90
AGSR0033	RC	33	18/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667840	375	-90
AGSR0034	RC	48	18/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667840	375	-90
AGSR0035	RC	45	18/12/2017	M29/00272	ElsieSouth	MGA94_51	323540	6667840	375	-90
AGSR0036	RC	33	19/12/2017	M29/00272	ElsieSouth	MGA94_51	323300	6667920	375	-90
AGSR0037	RC	39	19/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6667920	375	-90
AGSR0038	RC	36	19/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6667920	375	-90
AGSR0039	RC	63	19/12/2017	M29/00272	ElsieSouth	MGA94_51	323540	6667920	375	-90
AGSR0040	RC	36	19/12/2017	M29/00272	ElsieSouth	MGA94_51	323500	6668000	375	-90
AGSR0041	RC	39	20/12/2017	M29/00272	ElsieSouth	MGA94_51	323460	6668000	375	-90
AGSR0042	RC	38	20/12/2017	M29/00272	ElsieSouth	MGA94_51	323420	6668000	375	-90
AGSR0043	RC	30	20/12/2017	M29/00272	ElsieSouth	MGA94_51	323380	6668000	375	-90

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Appendix 2 – Assay results from Goongarrie South

All assays from the 2017 drilling program at Pamela Jean Deeps, Goongarrie South.

Abbreviations used: Co – cobalt, Ni – nickel, Sc – scandium, Cr – chromium, m – metre, g/t – grams per tonne, b.d. – below detection.

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number
AGSR0001	0	2.3	2.3	AR000001	0.001	0.021	10	410
AGSR0001	2.3	4.3	2	AR000002	0.016	0.079	20	1340
AGSR0001	4.3	6.3	2	AR000003	0.007	0.064	40	2130
AGSR0001	6.3	8.3	2	AR000004	0.018	0.155	40	3080
AGSR0001	8.3	10.3	2	AR000005	0.041	0.706	40	3230
AGSR0001	10.3	12.3	2	AR000006	0.024	0.468	40	3560
AGSR0001	12.3	14.3	2	AR000007	0.046	0.757	40	3340
AGSR0001	14.3	16.3	2	AR000009	0.08	0.815	60	3660
AGSR0001	16.3	18.3	2	AR000010	0.338	0.886	40	3150
AGSR0001	18.3	20.3	2	AR000011	0.077	0.754	30	4010
AGSR0001	20.3	22.3	2	AR000012	0.038	0.639	20	2470
AGSR0001	22.3	24.3	2	AR000013	0.027	0.426	10	1850
AGSR0001	24.3	26.3	2	AR000014	0.037	0.502	10	1860
AGSR0001	26.3	28.3	2	AR000015	0.038	0.459	10	1930
AGSR0001	28.3	30.3	2	AR000016	0.028	0.334	10	1450
AGSR0001	30.3	32.3	2	AR000017	0.073	0.645	10	2180
AGSR0001	32.3	34.3	2	AR000019	0.037	0.343	b.d.	865
AGSR0001	34.3	36.3	2	AR000020	0.018	0.319	b.d.	680
AGSR0001	36.3	38.3	2	AR000021	0.011	0.291	b.d.	555
AGSR0001	38.3	40.3	2	AR000022	0.007	0.222	b.d.	610
AGSR0002	0	2	2	AR000023	0.003	0.052	b.d.	490
AGSR0002	2	4	2	AR000024	0.004	0.068	10	660
AGSR0002	4	6	2	AR000025	0.006	0.145	30	1950
AGSR0002	6	8	2	AR000026	0.018	0.38	40	4540
AGSR0002	8	10	2	AR000027	0.041	0.666	20	2120
AGSR0002	10	12	2	AR000029	0.201	0.895	40	8250
AGSR0002	12	14	2	AR000030	0.064	0.925	40	11200
AGSR0002	14	16	2	AR000031	0.049	1.07	50	12200
AGSR0002	16	18	2	AR000032	0.057	1.07	50	12300
AGSR0002	18	20	2	AR000033	0.069	1.5	40	11300
AGSR0002	20	22	2	AR000034	0.056	1.22	30	10600
AGSR0002	22	24	2	AR000035	0.059	1.45	40	19300
AGSR0002	24	26	2	AR000036	0.052	1.26	30	17700
AGSR0002	26	28	2	AR000037	0.045	0.8	20	14600
AGSR0002	28	30	2	AR000039	0.056	0.551	b.d.	11400
AGSR0002	30	32	2	AR000040	0.039	0.339	b.d.	6990
AGSR0002	32	34	2	AR000041	0.015	0.205	b.d.	5170
AGSR0002	34	36	2	AR000042	0.012	0.187	b.d.	3120
AGSR0002	36	38	2	AR000043	0.011	0.171	b.d.	2850
AGSR0002	38	40	2	AR000044	0.011	0.165	b.d.	2290
AGSR0002	40	42	2	AR000045	0.013	0.179	b.d.	4180
AGSR0002	42	44	2	AR000046	0.013	0.198	b.d.	4820
AGSR0002	44	46	2	AR000047	0.016	0.24	b.d.	4260
AGSR0003	0	2.3	2.3	AR000049	0.002	0.029	10	625
AGSR0003	2.3	4.3	2	AR000050	0.004	0.045	40	1640
AGSR0003	4.3	6.3	2	AR000051	0.002	0.029	30	2120
AGSR0003	6.3	8.3	2	AR000052	0.002	0.027	50	3540
AGSR0003	8.3	10.3	2	AR000053	b.d.	0.009	b.d.	1190
AGSR0003	10.3	12.3	2	AR000054	0.002	0.028	b.d.	1850
AGSR0003	12.3	14.3	2	AR000055	0.005	0.135	20	4930
AGSR0003	14.3	16.3	2	AR000056	0.006	0.142	10	4290
AGSR0003	16.3	18.3	2	AR000057	0.011	0.395	20	6140
AGSR0003	18.3	20.3	2	AR000059	0.019	0.794	40	7480
AGSR0003	20.3	22.3	2	AR000060	0.027	1.06	50	8820
AGSR0003	22.3	24.3	2	AR000061	0.018	0.64	20	7640
AGSR0003	24.3	26.3	2	AR000062	0.021	0.696	20	7210
AGSR0003	26.3	28.3	2	AR000063	0.037	1.05	30	10300
AGSR0003	28.3	30.3	2	AR000064	0.039	0.861	10	6980
AGSR0003	30.3	32.3	2	AR000065	0.026	0.457	10	3980
AGSR0003	32.3	34.3	2	AR000066	0.027	0.304	b.d.	2250
AGSR0003	34.3	36.3	2	AR000067	0.015	0.188	b.d.	1510
AGSR0003	36.3	38.3	2	AR000069	0.015	0.18	b.d.	2010
AGSR0003	38.3	40.3	2	AR000070	0.016	0.209	b.d.	3140
AGSR0003	40.3	42.3	2	AR000071	0.019	0.242	b.d.	3540
AGSR0003	42.3	44.3	2	AR000072	0.021	0.267	b.d.	3440
AGSR0003	44.3	46.3	2	AR000073	0.017	0.281	b.d.	6270
AGSR0003	46.3	48.3	2	AR000074	0.016	0.254	10	5520
AGSR0003	48.3	49.3	1	AR000075	0.02	0.389	b.d.	3760
AGSR0004	0	2	2	AR000076	0.003	0.022	b.d.	390
AGSR0004	2	4	2	AR000077	0.014	0.082	10	575
AGSR0004	4	6	2	AR000079	0.005	0.066	50	3170
AGSR0004	6	8	2	AR000080	0.005	0.11	50	4430
AGSR0004	8	10	2	AR000081	0.005	0.229	20	7850
AGSR0004	10	12	2	AR000082	0.005	0.085	10	16000
AGSR0004	12	14	2	AR000083	0.016	0.309	30	7800
AGSR0004	14	16	2	AR000084	0.017	0.418	10	5280
AGSR0004	16	18	2	AR000085	0.016	0.308	b.d.	4910
AGSR0004	18	20	2	AR000086	0.024	0.314	b.d.	6400

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number
AGSR0004	20	22	2	AR000087	0.015	0.253	b.d.	5300
AGSR0004	22	24	2	AR000089	0.017	0.273	b.d.	6050
AGSR0004	24	26	2	AR000090	0.022	0.295	b.d.	5160
AGSR0004	26	28	2	AR000091	0.012	0.209	b.d.	4160
AGSR0004	28	30	2	AR000092	0.013	0.204	b.d.	4230
AGSR0004	30	32	2	AR000093	0.011	0.187	b.d.	4090
AGSR0004	32	34	2	AR000094	0.009	0.171	b.d.	3480
AGSR0004	34	36	2	AR000095	0.012	0.165	b.d.	3860
AGSR0004	36	38	2	AR000096	0.018	0.199	b.d.	4780
AGSR0004	38	40	2	AR000097	0.012	0.221	b.d.	3950
AGSR0004	40	42	2	AR000099	0.008	0.157	b.d.	3020
AGSR0004	42	44	2	AR000100	0.01	0.23	b.d.	4550
AGSR0004	44	46	2	AR000101	0.009	0.234	b.d.	4510
AGSR0004	46	48	2	AR000102	0.01	0.223	b.d.	4530
AGSR0004	48	50	2	AR000103	0.009	0.188	b.d.	4810
AGSR0004	50	52	2	AR000104	0.011	0.211	b.d.	8160
AGSR0004	52	54	2	AR000105	0.014	0.223	b.d.	3230
AGSR0004	54	56	2	AR000106	0.01	0.187	b.d.	4050
AGSR0004	56	58	2	AR000107	0.012	0.219	b.d.	5410
AGSR0004	58	60	2	AR000108	0.007	0.174	b.d.	4780
AGSR0004	60	62	2	AR000109	0.005	0.136	b.d.	3960
AGSR0004	62	64	2	AR000111	0.005	0.132	b.d.	3410
AGSR0004	64	66	2	AR000112	0.004	0.104	b.d.	3800
AGSR0004	66	67	1	AR000113	0.007	0.189	b.d.	4960
AGSR0005	0	2	2	AR000114	0.001	0.015	b.d.	360
AGSR0005	2	4	2	AR000115	0.002	0.023	20	545
AGSR0005	4	6	2	AR000116	0.003	0.036	20	1500
AGSR0005	6	8	2	AR000117	0.011	0.163	b.d.	4560
AGSR0005	8	10	2	AR000119	0.021	0.251	b.d.	3300
AGSR0005	10	12	2	AR000120	0.023	0.276	20	6370
AGSR0005	12	14	2	AR000121	0.002	0.021	b.d.	1130
AGSR0005	14	16	2	AR000122	0.007	0.06	b.d.	2090
AGSR0005	16	18	2	AR000123	0.045	0.822	40	10800
AGSR0005	18	20	2	AR000124	0.05	0.835	40	10300
AGSR0005	20	22	2	AR000125	0.073	0.974	40	14800
AGSR0005	22	24	2	AR000126	0.082	0.902	40	12900
AGSR0005	24	26	2	AR000127	0.117	1.16	40	13400
AGSR0005	26	28	2	AR000129	0.133	1.34	40	15000
AGSR0005	28	30	2	AR000130	0.154	1.63	40	16300
AGSR0005	30	32	2	AR000131	0.173	1.75	b.d.	18600
AGSR0005	32	34	2	AR000132	0.192	1.71	40	18100
AGSR0005	34	36	2	AR000133	0.169	1.71	40	18900
AGSR0005	36	38	2	AR000134	0.071	1.06	20	20800
AGSR0005	38	40	2	AR000135	0.033	0.638	20	7220
AGSR0005	40	42	2	AR000136	0.031	0.563	20	8970
AGSR0005	42	44	2	AR000137	0.033	0.476	b.d.	12400
AGSR0005	44	46	2	AR000139	0.051	0.834	20	18800
AGSR0005	46	48	2	AR000140	0.038	0.556	10	18300
AGSR0005	48	50	2	AR000141	0.024	0.369	b.d.	7100
AGSR0005	50	52	2	AR000142	0.015	0.221	b.d.	4180
AGSR0005	52	54	2	AR000143	0.013	0.188	b.d.	3840
AGSR0005	54	56	2	AR000144	0.031	0.469	b.d.	3180
AGSR0005	56	58	2	AR000145	0.016	0.453	b.d.	2240
AGSR0005	58	60	2	AR000146	0.013	0.284	b.d.	2970
AGSR0005	60	62	2	AR000147	0.014	0.229	b.d.	3880
AGSR0006	0	1	1	No sample
AGSR0006	1	2	1	AR000148	0.002	0.028	b.d.	490
AGSR0006	2	4	2	AR000150	0.002	0.035	b.d.	965
AGSR0006	4	6	2	AR000151	0.004	0.029	b.d.	625
AGSR0006	6	8	2	AR000152	0.002	0.032	b.d.	940
AGSR0006	8	10	2	AR000153	0.009	0.19	20	3840
AGSR0006	10	12	2	AR000154	0.035	0.679	60	7970
AGSR0006	12	14	2	AR000155	0.048	0.601	40	6250
AGSR0006	14	16	2	AR000156	0.069	0.921	20	4430
AGSR0006	16	18	2	AR000157	0.035	1.09	20	5330
AGSR0006	18	20	2	AR000159	0.041	0.956	20	4450
AGSR0006	20	22	2	AR000160	0.041	1.16	20	6550
AGSR0006	22	24	2	AR000161	0.052	1.17	20	6830
AGSR0006	24	26	2	AR000162	0.039	0.932	20	6950
AGSR0006	26	28	2	AR000163	0.028	0.714	20	5690
AGSR0006	28	30	2	AR000164	0.023	0.481	b.d.	2880
AGSR0006	30	32	2	AR000165	0.032	0.726	20	4750
AGSR0006	32	34	2	AR000166	0.027	0.651	b.d.	4610
AGSR0006	34	36	2	AR000167	0.027	0.664	b.d.	3550
AGSR0006	36	38	2	AR000169	0.024	0.577	20	3340
AGSR0006	38	40	2	AR000170	0.022	0.498	b.d.	2770
AGSR0006	40	42	2	AR000171	0.015	0.286	b.d.	2800
AGSR0006	42	44	2	AR000172	0.011	0.228	b.d.	2370

==> picture [35 x 842] intentionally omitted <==

==> picture [174 x 23] intentionally omitted <==

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)	Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number									number
AGSR0006	44	46	2	AR000173	0.01	0.196	b.d.	1560	AGSR0009	56	58	2	AR000277	0.048	1.14	20	47200
AGSR0006	46	48	2	AR000174	0.008	0.199	b.d.	1640	AGSR0009	58	60	2	AR000279	0.044	1.08	30	45200
AGSR0006	48	50	2	AR000175	0.012	0.259	b.d.	3230	AGSR0009	60	62	2	AR000280	0.038	0.95	20	32500
AGSR0006	50	52	2	AR000176	0.017	0.35	b.d.	5010	AGSR0009	62	64	2	AR000281	0.037	0.716	10	20200
AGSR0006	52	54	2	AR000177	0.019	0.399	20	4480	AGSR0009	64	66	2	AR000282	0.037	0.651	10	20100
AGSR0006	54	56	2	AR000179	0.013	0.312	b.d.	4250	AGSR0009	66	68	2	AR000283	0.042	0.622	10	16200
AGSR0007	0	2	2	AR000180	0.002	0.021	b.d.	380	AGSR0010	0	2	2	AR000284	0.002	0.026	b.d.	575
AGSR0007	2	4	2	AR000181	0.005	0.035	20	450	AGSR0010	2	4	2	AR000285	0.003	0.029	10	595
AGSR0007	4	6	2	AR000182	0.004	0.036	20	745	AGSR0010	4	6	2	AR000286	0.001	0.029	10	915
AGSR0007	6	8	2	AR000183	0.003	0.053	20	3680	AGSR0010	6	8	2	AR000287	b.d.	0.015	10	1700
AGSR0007	8	10	2	AR000184	0.006	0.124	40	8840	AGSR0010	8	10	2	AR000289	0.002	0.028	10	4500
AGSR0007	10	12	2	AR000185	0.023	0.431	40	12500	AGSR0010	10	12	2	AR000290	0.001	0.029	10	2540
AGSR0007	12	14	2	AR000186	0.026	0.672	60	12100	AGSR0010	12	14	2	AR000291	0.002	0.03	10	1470
AGSR0007	14	16	2	AR000187	0.036	0.606	40	9580	AGSR0010	14	16	2	AR000292	b.d.	0.031	10	1520
AGSR0007	16	18	2	AR000189	0.025	0.562	40	8110	AGSR0010	16	18	2	AR000293	0.003	0.042	20	1900
AGSR0007	18	20	2	AR000190	0.023	0.441	40	8390	AGSR0010	18	20	2	AR000294	0.006	0.066	10	970
AGSR0007	20	22	2	AR000191	0.011	0.324	20	4510	AGSR0010	20	22	2	AR000295	0.011	0.093	b.d.	450
AGSR0007	22	24	2	AR000192	0.014	0.447	20	5480	AGSR0010	22	24	2	AR000296	0.011	0.062	b.d.	1300
AGSR0007	24	26	2	AR000193	0.016	0.481	20	5820	AGSR0010	24	26	2	AR000297	0.027	0.392	30	10200
AGSR0007	26	28	2	AR000194	0.028	0.437	20	4410	AGSR0010	26	28	2	AR000298	0.028	0.312	20	11100
AGSR0007	28	30	2	AR000195	0.046	0.412	b.d.	2640	AGSR0010	28	30	2	AR000300	0.017	0.705	40	24700
AGSR0007	30	32	2	AR000196	0.026	0.29	b.d.	1620	AGSR0010	30	32	2	AR000301	0.024	1.05	60	26600
AGSR0007	32	34	2	AR000197	0.019	0.273	b.d.	1360	AGSR0010	32	34	2	AR000302	0.026	1.08	60	24500
AGSR0007	34	36	2	AR000199	0.017	0.267	b.d.	1330	AGSR0010	34	36	2	AR000303	0.027	1.09	50	21600
AGSR0007	36	38	2	AR000200	0.011	0.247	b.d.	1450	AGSR0010	36	38	2	AR000304	0.024	0.889	40	18200
AGSR0007	38	40	2	AR000201	0.023	0.298	b.d.	1540	AGSR0010	38	40	2	AR000305	0.023	1.16	50	21800
AGSR0007	40	42	2	AR000202	b.d.	b.d.	b.d.	b.d.	AGSR0010	40	42	2	AR000306	0.024	1.42	50	23000
AGSR0007	42	44	2	AR000203	b.d.	b.d.	b.d.	b.d.	AGSR0010	42	44	2	AR000307	0.027	1.47	50	21100
AGSR0007	44	46	2	AR000204	0.03	0.571	b.d.	3090	AGSR0010	44	46	2	AR000309	0.028	0.787	30	8710
AGSR0007	46	48	2	AR000205	0.017	0.358	b.d.	2150	AGSR0010	46	48	2	AR000310	0.028	0.668	30	8170
AGSR0007	48	50	2	AR000206	0.012	0.241	b.d.	2380	AGSR0010	48	50	2	AR000311	0.038	0.669	20	23600
AGSR0007	50	52	2	AR000207	0.01	0.228	b.d.	2660	AGSR0010	50	52	2	AR000312	0.038	0.647	20	18200
AGSR0007	52	54	2	AR000209	0.011	0.236	b.d.	2380	AGSR0010	52	54	2	AR000313	0.056	0.897	30	23500
AGSR0007	54	56	2	AR000210	0.012	0.288	b.d.	1750	AGSR0010	54	56	2	AR000314	0.072	1.02	30	25400
AGSR0007	56	58	2	AR000211	0.009	0.281	b.d.	710	AGSR0010	56	58	2	AR000315	0.046	0.704	20	8770
AGSR0007	58	59	1	AR000212	0.009	0.253	b.d.	1230	AGSR0010	58	60	2	AR000316	0.03	0.605	10	5820
AGSR0008	0	2	2	AR000213	0.001	0.015	b.d.	295	AGSR0010	60	62	2	AR000317	0.025	0.495	10	3450
AGSR0008	2	4	2	AR000214	0.003	0.029	20	370	AGSR0010	62	64	2	AR000319	0.027	0.574	b.d.	2920
AGSR0008	4	6	2	AR000215	b.d.	0.02	20	520	AGSR0010	64	66	2	AR000320	0.031	0.529	10	2340
AGSR0008	6	8	2	AR000216	b.d.	0.021	20	1100	AGSR0010	66	68	2	AR000321	0.02	0.576	10	2660
AGSR0008	8	10	2	AR000217	0.001	0.041	20	1060	AGSR0011	0	2	2	AR000322	0.002	0.045	b.d.	555
AGSR0008	10	12	2	AR000219	0.007	0.128	b.d.	635	AGSR0011	2	4	2	AR000323	0.002	0.028	b.d.	485
AGSR0008	12	14	2	AR000220	0.009	0.191	b.d.	1050	AGSR0011	4	6	2	AR000324	b.d.	0.023	b.d.	1140
AGSR0008	14	16	2	AR000221	0.007	0.182	b.d.	395	AGSR0011	6	8	2	AR000325	b.d.	0.012	10	2700
AGSR0008	16	18	2	AR000222	0.011	0.324	b.d.	705	AGSR0011	8	10	2	AR000326	b.d.	0.009	10	1070
AGSR0008	18	20	2	AR000223	0.015	0.371	b.d.	1120	AGSR0011	10	12	2	AR000327	0.001	0.016	10	550
AGSR0008	20	22	2	AR000224	0.024	0.492	b.d.	2740	AGSR0011	12	14	2	AR000329	0.001	0.017	10	660
AGSR0008	22	24	2	AR000225	0.031	0.776	20	4280	AGSR0011	14	16	2	AR000330	0.001	0.021	10	800
AGSR0008	24	26	2	AR000226	0.012	0.252	b.d.	1050	AGSR0011	16	18	2	AR000331	0.001	0.022	10	870
AGSR0008	26	28	2	AR000227	0.041	0.639	b.d.	2980	AGSR0011	18	20	2	AR000332	0.001	0.023	10	885
AGSR0008	28	30	2	AR000229	0.04	0.435	b.d.	1120	AGSR0011	20	22	2	AR000333	0.001	0.026	10	850
AGSR0008	30	32	2	AR000230	0.037	0.393	b.d.	1330	AGSR0011	22	24	2	AR000334	0.001	0.033	10	895
AGSR0008	32	34	2	AR000231	0.028	0.361	b.d.	885	AGSR0011	24	26	2	AR000335	0.002	0.045	10	850
AGSR0008	34	36	2	AR000232	0.051	0.657	b.d.	980	AGSR0011	26	28	2	AR000336	0.006	0.083	b.d.	675
AGSR0008	36	38	2	AR000233	0.043	0.624	b.d.	990	AGSR0011	28	30	2	AR000337	0.003	0.041	b.d.	270
AGSR0008	38	40	2	AR000234	0.015	0.303	b.d.	660	AGSR0011	30	32	2	AR000339	0.001	0.024	b.d.	165
AGSR0008	40	42	2	AR000235	0.013	0.296	b.d.	560	AGSR0011	32	34	2	AR000340	b.d.	0.011	b.d.	115
AGSR0008	42	44	2	AR000236	0.014	0.318	b.d.	685	AGSR0011	34	36	2	AR000341	b.d.	0.011	b.d.	640
AGSR0008	44	46	2	AR000237	0.015	0.299	b.d.	790	AGSR0011	36	38	2	AR000342	b.d.	0.005	10	680
AGSR0008	46	48	2	AR000239	0.016	0.305	b.d.	980	AGSR0011	38	40	2	AR000343	0.005	0.063	b.d.	3920
AGSR0008	48	50	2	AR000240	0.016	0.307	b.d.	1020	AGSR0011	40	42	2	AR000344	0.036	0.54	50	16800
AGSR0008	50	52	2	AR000241	0.016	0.275	b.d.	880	AGSR0011	42	44	2	AR000345	0.076	0.889	50	21900
AGSR0008	52	54	2	AR000242	0.016	0.323	b.d.	1550	AGSR0011	44	46	2	AR000346	0.113	0.697	30	15900
AGSR0008	54	56	2	AR000243	0.013	0.268	b.d.	1130	AGSR0011	46	48	2	AR000347	0.073	0.756	40	15700
AGSR0008	56	58	2	AR000244	0.014	0.208	b.d.	1100	AGSR0011	48	50	2	AR000349	0.009	0.121	b.d.	2680
AGSR0008	58	59	1	AR000245	0.018	0.288	b.d.	1020	AGSR0011	50	52	2	AR000350	0.022	0.656	20	12500
AGSR0009	0	2	2	AR000246	b.d.	0.013	b.d.	280	AGSR0011	52	54	2	AR000351	0.029	0.799	20	15700
AGSR0009	2	4	2	AR000247	0.002	0.026	10	455	AGSR0011	54	56	2	AR000352	0.021	0.503	10	9190
AGSR0009	4	6	2	AR000249	0.005	0.219	20	5090	AGSR0012	0	2	2	AR000353	0.001	0.015	10	325
AGSR0009	6	8	2	AR000250	0.009	0.244	30	6480	AGSR0012	2	4	2	AR000354	0.003	0.025	10	450
AGSR0009	8	10	2	AR000251	0.004	0.151	30	6700	AGSR0012	4	6	2	AR000355	b.d.	0.017	10	540
AGSR0009	10	12	2	AR000252	0.009	0.408	50	7210	AGSR0012	6	8	2	AR000356	b.d.	0.016	10	1050
AGSR0009	12	14	2	AR000253	0.029	0.965	70	6150	AGSR0012	8	10	2	AR000357	0.001	0.015	10	2200
AGSR0009	14	16	2	AR000254	0.03	1.1	60	6360	AGSR0012	10	12	2	AR000359	0.001	0.02	10	1240
AGSR0009	16	18	2	AR000255	0.035	1.24	60	6330	AGSR0012	12	14	2	AR000360	0.002	0.017	10	605
AGSR0009	18	20	2	AR000256	0.047	1.26	40	7470	AGSR0012	14	16	2	AR000361	0.001	0.014	20	520
AGSR0009	20	22	2	AR000257	0.054	1.35	50	16100	AGSR0012	16	18	2	AR000362	b.d.	0.015	10	520
AGSR0009	22	24	2	AR000259	0.054	1.25	40	15200	AGSR0012	18	20	2	AR000363	0.001	0.019	10	810
AGSR0009	24	26	2	AR000260	0.057	1.04	40	13400	AGSR0012	20	22	2	AR000364	0.001	0.021	10	835
AGSR0009	26	28	2	AR000261	0.067	1.03	40	13300	AGSR0012	22	24	2	AR000365	b.d.	0.02	10	915
AGSR0009	28	30	2	AR000262	0.079	1.22	40	14300	AGSR0012	24	26	2	AR000366	0.001	0.023	10	940
AGSR0009	30	32	2	AR000263	0.088	1.35	40	14900	AGSR0012	26	28	2	AR000367	0.001	0.029	20	975
AGSR0009	32	34	2	AR000264	0.104	1.5	50	14200	AGSR0012	28	30	2	AR000369	0.001	0.045	10	1410
AGSR0009	34	36	2	AR000265	0.109	1.2	40	16600	AGSR0012	30	32	2	AR000370	0.003	0.072	10	2120
AGSR0009	36	38	2	AR000266	0.137	1.12	40	22100	AGSR0012	32	34	2	AR000371	0.005	0.123	20	1610
AGSR0009	38	40	2	AR000267	0.145	0.99	30	37500	AGSR0012	34	36	2	AR000372	0.007	0.114	10	585
AGSR0009	40	42	2	AR000269	0.121	1.06	30	35400	AGSR0012	36	38	2	AR000373	0.003	0.063	b.d.	130
AGSR0009	42	44	2	AR000275	0.095	1.19	40	34300	AGSR0012	38	40	2	AR000374	0.011	0.222	40	4880
AGSR0009	44	46	2	AR000270	0.087	1.21	40	41400	AGSR0012	40	42	2	AR000375	0.013	0.274	40	5550
AGSR0009	46	48	2	AR000271	0.075	1.22	40	59100	AGSR0012	42	44	2	AR000376	0.029	0.345	50	7430
AGSR0009	48	50	2	AR000272	0.054	1	30	32200	AGSR0012	44	46	2	AR000377	0.021	0.213	30	5390
AGSR0009	50	52	2	AR000273	0.047	0.896	20	25000	AGSR0012	46	48	2	AR000379	0.03	0.181	30	6030
AGSR0009	52	54	2	AR000274	0.04	1.01	20	34900	AGSR0012	48	50	2	AR000380	0.012	0.084	10	2270
AGSR0009	54	56	2	AR000276	0.042	1.01	20	49700	AGSR0012	50	52	2	AR000381	0.01	0.077	10	2140

==> picture [35 x 842] intentionally omitted <==

==> picture [174 x 23] intentionally omitted <==

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)	Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number									number
AGSR0012	52	54	2	AR000382	0.004	0.03	10	630	AGSR0015	6	8	2	AR000486	b.d.	0.019	20	530
AGSR0012	54	56	2	AR000383	0.005	0.02	10	295	AGSR0015	8	10	2	AR000487	b.d.	0.016	20	1600
AGSR0012	56	58	2	AR000384	0.009	0.028	b.d.	445	AGSR0015	10	12	2	AR000489	0.005	0.061	30	1570
AGSR0012	58	60	2	AR000385	0.01	0.04	10	790	AGSR0015	12	14	2	AR000490	0.001	0.027	10	780
AGSR0012	60	62	2	AR000386	0.012	0.033	10	575	AGSR0015	14	16	2	AR000491	0.013	0.055	20	1400
AGSR0012	62	64	2	AR000387	0.005	0.022	b.d.	125	AGSR0015	16	18	2	AR000492	0.003	0.045	20	1760
AGSR0012	64	66	2	AR000389	0.014	0.036	b.d.	65	AGSR0015	18	20	2	AR000493	0.001	0.041	30	3810
AGSR0012	66	68	2	AR000390	0.003	0.009	b.d.	55	AGSR0015	20	22	2	AR000494	0.002	0.047	30	5260
AGSR0012	68	70	2	AR000391	0.001	0.007	b.d.	35	AGSR0015	22	24	2	AR000495	0.012	0.156	30	7550
AGSR0012	70	72	2	AR000392	0.003	0.011	b.d.	65	AGSR0015	24	26	2	AR000496	0.016	0.303	50	9970
AGSR0012	72	74	2	AR000393	0.002	0.008	b.d.	35	AGSR0015	26	28	2	AR000497	0.022	0.312	30	11100
AGSR0012	74	76	2	AR000394	0.002	0.008	b.d.	115	AGSR0015	28	30	2	AR000499	0.016	0.329	40	15100
AGSR0012	76	78	2	AR000395	0.004	0.01	10	90	AGSR0015	30	32	2	AR000500	0.016	0.483	60	18100
AGSR0012	78	80	2	AR000396	0.003	0.011	b.d.	110	AGSR0015	32	34	2	AR000501	0.037	0.565	40	12600
AGSR0012	80	82	2	AR000397	0.003	0.015	b.d.	95	AGSR0015	34	36	2	AR000502	0.031	0.329	20	9640
AGSR0012	82	84	2	AR000399	0.003	0.013	b.d.	75	AGSR0015	36	38	2	AR000503	0.094	0.704	50	13500
AGSR0012	84	86	2	AR000400	0.005	0.029	10	640	AGSR0015	38	40	2	AR000504	0.111	0.713	50	12500
AGSR0012	86	88	2	AR000401	0.006	0.042	b.d.	550	AGSR0015	40	42	2	AR000506	0.117	0.867	40	12700
AGSR0012	88	89	1	AR000402	0.003	0.02	b.d.	255	AGSR0015	42	44	2	AR000507	0.097	0.927	50	14700
AGSR0013	0	2	2	AR000403	0.001	0.01	b.d.	240	AGSR0015	44	46	2	AR000508	0.082	1.05	50	19100
AGSR0013	2	4	2	AR000404	0.003	0.021	10	395	AGSR0015	46	48	2	AR000509	0.081	1.12	40	22100
AGSR0013	4	6	2	AR000405	0.001	0.021	10	480	AGSR0015	48	50	2	AR000510	0.078	1.09	50	26200
AGSR0013	6	8	2	AR000406	0.002	0.023	10	580	AGSR0015	50	52	2	AR000511	0.078	0.918	40	18700
AGSR0013	8	10	2	AR000407	0.001	0.018	10	1200	AGSR0015	52	54	2	AR000512	0.1	1.05	40	22900
AGSR0013	10	12	2	AR000409	0.001	0.017	10	1360	AGSR0015	54	56	2	AR000513	0.115	1.03	30	23400
AGSR0013	12	14	2	AR000410	0.002	0.019	10	1540	AGSR0015	56	58	2	AR000514	0.131	1.14	40	24800
AGSR0013	14	16	2	AR000411	0.001	0.013	10	830	AGSR0015	58	60	2	AR000516	0.097	1.22	40	18700
AGSR0013	16	18	2	AR000412	0.001	0.014	10	505	AGSR0015	60	62	2	AR000517	0.046	0.726	20	9260
AGSR0013	18	20	2	AR000413	0.012	0.04	10	865	AGSR0015	62	64	2	AR000518	0.027	0.503	10	6740
AGSR0013	20	22	2	AR000414	0.007	0.041	10	1040	AGSR0015	64	66	2	AR000519	0.017	0.367	20	5650
AGSR0013	22	24	2	AR000415	0.002	0.033	10	1060	AGSR0015	66	68	2	AR000520	0.011	0.299	10	5220
AGSR0013	24	26	2	AR000416	0.004	0.035	20	1140	AGSR0015	68	70	2	AR000521	0.012	0.317	10	4520
AGSR0013	26	28	2	AR000417	0.002	0.039	20	1300	AGSR0015	70	72	2	AR000522	0.016	0.43	20	5390
AGSR0013	28	30	2	AR000419	0.004	0.051	20	1730	AGSR0015	72	74	2	AR000523	0.016	0.393	10	5410
AGSR0013	30	32	2	AR000420	0.005	0.102	20	2460	AGSR0016	0	2	2	AR000524	0.002	0.034	20	580
AGSR0013	32	34	2	AR000421	0.014	0.23	b.d.	1070	AGSR0016	2	4	2	AR000526	0.002	0.032	10	515
AGSR0013	34	36	2	AR000422	0.006	0.083	b.d.	585	AGSR0016	4	6	2	AR000527	0.001	0.028	10	700
AGSR0013	36	38	2	AR000423	0.001	0.009	b.d.	155	AGSR0016	6	8	2	AR000528	b.d.	0.053	20	3170
AGSR0013	38	40	2	AR000424	b.d.	0.004	b.d.	65	AGSR0016	8	10	2	AR000529	0.001	0.148	30	5130
AGSR0013	40	42	2	AR000425	0.001	0.005	b.d.	110	AGSR0016	10	12	2	AR000530	0.008	0.422	50	7470
AGSR0013	42	44	2	AR000426	b.d.	0.004	b.d.	95	AGSR0016	12	14	2	AR000531	0.01	0.454	40	7050
AGSR0013	44	46	2	AR000427	b.d.	0.004	b.d.	125	AGSR0016	14	16	2	AR000532	0.01	0.516	50	8550
AGSR0013	46	48	2	AR000429	b.d.	0.004	b.d.	150	AGSR0016	16	18	2	AR000533	0.021	0.656	60	10700
AGSR0013	48	50	2	AR000430	0.001	0.01	b.d.	120	AGSR0016	18	20	2	AR000534	0.021	0.666	50	10600
AGSR0013	50	52	2	AR000431	b.d.	0.004	10	75	AGSR0016	20	22	2	AR000536	0.018	0.59	50	10800
AGSR0013	52	54	2	AR000432	b.d.	0.007	10	145	AGSR0016	22	24	2	AR000537	0.03	0.735	50	9720
AGSR0013	54	56	2	AR000433	0.001	0.008	10	115	AGSR0016	24	26	2	AR000538	0.063	0.834	50	7980
AGSR0013	56	58	2	AR000434	0.001	0.01	b.d.	150	AGSR0016	26	28	2	AR000539	0.064	0.908	50	8270
AGSR0013	58	60	2	AR000435	0.001	0.022	10	290	AGSR0016	28	30	2	AR000540	0.05	0.931	50	9070
AGSR0013	60	62	2	AR000436	0.018	0.081	10	205	AGSR0016	30	32	2	AR000541	0.034	0.88	40	8660
AGSR0013	62	64	2	AR000437	0.026	0.093	10	185	AGSR0016	32	34	2	AR000542	0.026	0.727	30	7050
AGSR0013	64	66	2	AR000439	0.011	0.056	10	155	AGSR0016	34	36	2	AR000543	0.023	0.648	30	5420
AGSR0013	66	68	2	AR000440	0.009	0.052	10	145	AGSR0016	36	38	2	AR000544	0.02	0.596	20	3800
AGSR0013	68	70	2	AR000441	0.006	0.03	10	90	AGSR0016	38	40	2	AR000546	0.008	0.291	10	1500
AGSR0013	70	72	2	AR000442	0.009	0.042	20	130	AGSR0016	40	41	1	AR000547	0.009	0.306	b.d.	1340
AGSR0013	72	74	2	AR000443	0.004	0.027	10	145	AGSR0017	0	2	2	AR000548	b.d.	0.013	10	280
AGSR0014	0	2	2	AR000444	0.005	0.028	10	280	AGSR0017	2	4	2	AR000549	0.002	0.024	b.d.	415
AGSR0014	2	4	2	AR000445	0.003	0.024	10	330	AGSR0017	4	6	2	AR000550	b.d.	0.023	20	640
AGSR0014	4	6	2	AR000446	0.001	0.018	10	430	AGSR0017	6	8	2	AR000551	0.001	0.026	20	1920
AGSR0014	6	8	2	AR000447	0.001	0.022	20	560	AGSR0017	8	10	2	AR000552	0.007	0.105	30	5950
AGSR0014	8	10	2	AR000449	b.d.	0.014	20	3150	AGSR0017	10	12	2	AR000553	0.014	0.231	40	6450
AGSR0014	10	12	2	AR000450	0.001	0.034	30	5070	AGSR0017	12	14	2	AR000554	0.026	0.359	30	7570
AGSR0014	12	14	2	AR000451	0.002	0.022	20	835	AGSR0017	14	16	2	AR000556	0.048	0.573	50	9640
AGSR0014	14	16	2	AR000452	0.001	0.017	20	490	AGSR0017	16	18	2	AR000557	0.037	0.696	50	7640
AGSR0014	16	18	2	AR000453	0.001	0.023	10	650	AGSR0017	18	20	2	AR000558	0.026	0.571	30	5200
AGSR0014	18	20	2	AR000454	0.003	0.036	10	950	AGSR0017	20	22	2	AR000559	0.026	0.634	30	6710
AGSR0014	20	22	2	AR000455	0.005	0.036	20	1050	AGSR0017	22	24	2	AR000560	0.032	0.751	40	11500
AGSR0014	22	24	2	AR000456	0.004	0.037	20	1460	AGSR0017	24	26	2	AR000561	0.034	0.907	50	24800
AGSR0014	24	26	2	AR000457	0.001	0.041	20	2430	AGSR0017	26	28	2	AR000562	0.07	0.843	30	18000
AGSR0014	26	28	2	AR000459	0.002	0.055	20	3210	AGSR0017	28	30	2	AR000563	0.142	0.992	30	20600
AGSR0014	28	30	2	AR000460	0.008	0.156	30	4210	AGSR0017	30	32	2	AR000564	0.096	0.785	30	18300
AGSR0014	30	32	2	AR000461	0.023	0.25	10	2160	AGSR0017	32	34	2	AR000566	0.058	0.589	10	12000
AGSR0014	32	34	2	AR000462	0.031	0.182	b.d.	1270	AGSR0017	34	36	2	AR000567	0.052	0.528	10	9510
AGSR0014	34	36	2	AR000463	0.022	0.171	10	1410	AGSR0017	36	38	2	AR000568	0.044	0.479	10	6420
AGSR0014	36	38	2	AR000464	0.031	0.243	10	1800	AGSR0017	38	40	2	AR000569	0.035	0.467	10	4090
AGSR0014	38	40	2	AR000465	0.021	0.279	10	2910	AGSR0017	40	42	2	AR000570	0.022	0.387	b.d.	3240
AGSR0014	40	42	2	AR000466	0.029	0.281	20	2310	AGSR0017	42	44	2	AR000571	0.019	0.358	b.d.	3050
AGSR0014	42	44	2	AR000467	0.038	0.308	30	2460	AGSR0017	44	46	2	AR000572	0.022	0.372	b.d.	3280
AGSR0014	44	46	2	AR000469	0.038	0.42	20	4090	AGSR0018	0	2	2	AR000573	0.001	0.021	b.d.	435
AGSR0014	46	48	2	AR000470	0.033	0.445	20	5960	AGSR0018	2	4	2	AR000574	0.003	0.053	10	870
AGSR0014	48	50	2	AR000471	0.025	0.449	10	6780	AGSR0018	4	6	2	AR000576	0.003	0.035	10	965
AGSR0014	50	52	2	AR000472	0.024	0.442	10	7340	AGSR0018	6	8	2	AR000577	0.003	0.162	10	6460
AGSR0014	52	54	2	AR000473	0.021	0.413	20	6760	AGSR0018	8	10	2	AR000578	0.005	0.288	20	15400
AGSR0014	54	56	2	AR000474	0.019	0.414	10	6690	AGSR0018	10	12	2	AR000579	0.016	0.34	40	26200
AGSR0014	56	58	2	AR000475	0.015	0.348	10	5560	AGSR0018	12	14	2	AR000580	0.017	0.407	30	19700
AGSR0014	58	60	2	AR000476	0.015	0.345	20	6470	AGSR0018	14	16	2	AR000581	0.02	0.444	10	8780
AGSR0014	60	62	2	AR000477	0.013	0.364	10	7030	AGSR0018	16	18	2	AR000582	0.021	0.459	10	7860
AGSR0014	62	64	2	AR000479	0.014	0.382	10	6300	AGSR0018	18	20	2	AR000583	0.024	0.506	20	5020
AGSR0014	64	66	2	AR000480	0.011	0.237	10	4500	AGSR0018	20	22	2	AR000584	0.064	0.595	20	8090
AGSR0014	66	68	2	AR000481	0.01	0.223	10	3670	AGSR0018	22	24	2	AR000586	0.035	0.393	b.d.	6800
AGSR0014	68	70	2	AR000482	0.017	0.315	10	4980	AGSR0018	24	26	2	AR000587	0.017	0.308	b.d.	3310
AGSR0015	0	2	2	AR000483	0.001	0.012	b.d.	270	AGSR0018	26	28	2	AR000588	0.012	0.246	b.d.	2110
AGSR0015	2	4	2	AR000484	0.002	0.022	10	395	AGSR0018	28	30	2	AR000589	0.012	0.299	b.d.	1880
AGSR0015	4	6	2	AR000485	0.001	0.019	10	460	AGSR0018	30	32	2	AR000590	0.008	0.225	b.d.	2160

==> picture [35 x 842] intentionally omitted <==

==> picture [174 x 23] intentionally omitted <==

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)	Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number									number
AGSR0018	32	34	2	AR000591	0.005	0.184	b.d.	1490	AGSR0022	36	38	2	AR000696	0.067	0.832	20	18400
AGSR0018	34	35	1	AR000592	0.005	0.186	b.d.	2170	AGSR0022	38	40	2	AR000697	0.091	0.721	10	14700
AGSR0019	0	2	2	AR000593	b.d.	0.016	b.d.	365	AGSR0022	40	42	2	AR000698	0.119	0.861	20	17600
AGSR0019	2	4	2	AR000594	0.001	0.02	10	420	AGSR0022	42	44	2	AR000699	0.059	0.445	b.d.	8090
AGSR0019	4	6	2	AR000596	0.001	0.028	10	720	AGSR0022	44	46	2	AR000700	0.038	0.278	b.d.	4010
AGSR0019	6	8	2	AR000597	0.001	0.063	10	2080	AGSR0022	46	47	1	AR000701	0.04	0.271	b.d.	3590
AGSR0019	8	10	2	AR000598	0.003	0.107	10	3670	AGSR0023	0	2	2	AR000702	0.002	0.026	b.d.	570
AGSR0019	10	12	2	AR000599	0.008	0.259	10	3260	AGSR0023	2	4	2	AR000703	0.004	0.067	b.d.	1400
AGSR0019	12	14	2	AR000600	0.011	0.481	20	4670	AGSR0023	4	6	2	AR000704	0.013	0.217	10	5880
AGSR0019	14	16	2	AR000601	0.018	0.402	10	2700	AGSR0023	6	8	2	AR000706	0.001	0.019	b.d.	4380
AGSR0019	16	18	2	AR000602	0.022	0.448	10	2820	AGSR0023	8	10	2	AR000707	0.001	0.027	b.d.	2940
AGSR0019	18	20	2	AR000603	0.036	0.513	10	4770	AGSR0023	10	12	2	AR000708	0.004	0.092	b.d.	4540
AGSR0019	20	22	2	AR000605	0.017	0.232	b.d.	2380	AGSR0023	12	14	2	AR000709	0.014	0.345	20	5970
AGSR0019	22	24	2	AR000606	0.02	0.223	b.d.	2220	AGSR0023	14	16	2	AR000710	0.06	0.871	10	2350
AGSR0019	24	26	2	AR000607	0.054	0.547	10	7460	AGSR0023	16	18	2	AR000711	0.041	0.582	10	4860
AGSR0019	26	28	2	AR000608	0.048	0.524	10	6290	AGSR0023	18	20	2	AR000712	0.036	0.417	b.d.	3090
AGSR0019	28	30	2	AR000609	0.032	0.366	b.d.	3720	AGSR0023	20	22	2	AR000713	0.028	0.239	b.d.	1200
AGSR0019	30	32	2	AR000610	0.021	0.27	b.d.	3010	AGSR0023	22	24	2	AR000714	0.022	0.203	b.d.	975
AGSR0019	32	34	2	AR000611	0.016	0.249	b.d.	3140	AGSR0023	24	26	2	AR000716	0.013	0.164	b.d.	685
AGSR0019	34	35	1	AR000612	0.014	0.23	b.d.	2590	AGSR0023	26	28	2	AR000717	0.011	0.15	b.d.	735
AGSR0020	0	2	2	AR000613	0.001	0.015	b.d.	320	AGSR0023	28	30	2	AR000718	0.014	0.196	b.d.	940
AGSR0020	2	4	2	AR000614	0.002	0.019	10	390	AGSR0023	30	32	2	AR000719	0.012	0.208	b.d.	1250
AGSR0020	4	6	2	AR000616	b.d.	0.015	10	435	AGSR0023	32	34	2	AR000720	0.015	0.221	b.d.	885
AGSR0020	6	8	2	AR000617	0.001	0.025	20	2090	AGSR0023	34	36	2	AR000721	0.015	0.249	b.d.	540
AGSR0020	8	10	2	AR000618	0.001	0.04	20	3740	AGSR0023	36	38	2	AR000722	0.011	0.175	b.d.	630
AGSR0020	10	12	2	AR000619	0.008	0.216	40	9000	AGSR0024	0	2	2	AR000723	0.001	0.017	b.d.	280
AGSR0020	12	14	2	AR000620	0.014	0.277	50	6180	AGSR0024	2	4	2	AR000724	0.004	0.032	b.d.	380
AGSR0020	14	16	2	AR000621	0.042	0.57	50	8480	AGSR0024	4	6	2	AR000726	0.003	0.036	b.d.	855
AGSR0020	16	18	2	AR000622	0.038	0.37	30	4020	AGSR0024	6	8	2	AR000727	0.002	0.023	b.d.	895
AGSR0020	18	20	2	AR000623	0.035	0.448	30	4780	AGSR0024	8	10	2	AR000728	0.002	0.045	b.d.	755
AGSR0020	20	22	2	AR000624	0.011	0.25	10	2170	AGSR0024	10	12	2	AR000729	0.008	0.157	b.d.	275
AGSR0020	22	24	2	AR000626	0.017	0.428	30	3410	AGSR0024	12	14	2	AR000730	0.032	0.38	b.d.	210
AGSR0020	24	26	2	AR000627	0.018	0.477	20	4040	AGSR0024	14	16	2	AR000731	0.05	0.36	b.d.	115
AGSR0020	26	28	2	AR000628	0.015	0.485	20	4090	AGSR0024	16	18	2	AR000732	0.045	0.431	b.d.	125
AGSR0020	28	30	2	AR000629	0.019	0.66	20	5740	AGSR0024	18	20	2	AR000733	0.027	0.38	b.d.	95
AGSR0020	30	32	2	AR000630	0.022	0.903	30	6910	AGSR0024	20	22	2	AR000734	0.032	0.437	b.d.	95
AGSR0020	32	34	2	AR000631	0.014	0.526	20	4730	AGSR0024	22	24	2	AR000736	0.026	0.414	b.d.	90
AGSR0020	34	36	2	AR000632	0.015	0.558	10	4500	AGSR0024	24	26	2	AR000737	0.051	0.402	b.d.	80
AGSR0020	36	38	2	AR000633	0.022	0.585	20	4480	AGSR0024	26	28	2	AR000738	0.036	0.422	b.d.	85
AGSR0020	38	40	2	AR000634	0.031	0.586	10	3550	AGSR0024	28	30	2	AR000739	0.019	0.303	b.d.	75
AGSR0020	40	42	2	AR000636	0.027	0.529	b.d.	2610	AGSR0024	30	32	2	AR000740	0.014	0.193	b.d.	90
AGSR0020	42	44	2	AR000637	0.022	0.435	b.d.	2070	AGSR0024	32	34	2	AR000741	0.011	0.148	b.d.	60
AGSR0020	44	46	2	AR000638	0.01	0.247	b.d.	1060	AGSR0024	34	36	2	AR000742	0.014	0.149	b.d.	110
AGSR0021	0	2	2	AR000639	0.001	0.02	b.d.	350	AGSR0024	36	38	2	AR000743	0.013	0.145	b.d.	95
AGSR0021	2	4	2	AR000640	0.002	0.021	b.d.	385	AGSR0024	38	40	2	AR000744	0.009	0.094	b.d.	145
AGSR0021	4	6	2	AR000641	0.003	0.049	10	950	AGSR0024	40	42	2	AR000746	0.006	0.075	b.d.	75
AGSR0021	6	8	2	AR000642	b.d.	0.013	10	1080	AGSR0024	42	44	2	AR000747	0.004	0.05	b.d.	75
AGSR0021	8	10	2	AR000643	0.001	0.02	10	695	AGSR0025	0	2	2	AR000748	0.001	0.025	b.d.	350
AGSR0021	10	12	2	AR000644	0.001	0.021	10	615	AGSR0025	2	4	2	AR000749	0.001	0.022	b.d.	550
AGSR0021	12	14	2	AR000646	0.001	0.028	10	755	AGSR0025	4	6	2	AR000750	0.01	0.133	20	9370
AGSR0021	14	16	2	AR000647	0.001	0.021	10	660	AGSR0025	6	8	2	AR000751	0.006	0.141	20	11600
AGSR0021	16	18	2	AR000648	0.001	0.026	20	655	AGSR0025	8	10	2	AR000752	0.004	0.097	40	14500
AGSR0021	18	20	2	AR000649	0.005	0.043	10	490	AGSR0025	10	12	2	AR000753	0.012	0.191	50	14400
AGSR0021	20	22	2	AR000650	0.001	0.015	b.d.	185	AGSR0025	12	14	2	AR000754	0.015	0.382	80	18200
AGSR0021	22	24	2	AR000651	0.001	0.013	b.d.	115	AGSR0025	14	16	2	AR000756	0.026	0.406	60	15700
AGSR0021	24	26	2	AR000652	b.d.	0.009	b.d.	40	AGSR0025	16	18	2	AR000757	0.02	0.416	50	16400
AGSR0021	26	28	2	AR000653	0.001	0.023	10	610	AGSR0025	18	20	2	AR000758	0.024	0.458	40	10000
AGSR0021	28	30	2	AR000654	0.001	0.019	10	855	AGSR0025	20	22	2	AR000759	0.027	0.619	40	8890
AGSR0021	30	32	2	AR000656	b.d.	0.003	b.d.	225	AGSR0025	22	24	2	AR000760	0.025	0.584	60	15000
AGSR0021	32	34	2	AR000657	0.001	0.024	b.d.	460	AGSR0025	24	26	2	AR000761	0.015	0.569	30	13100
AGSR0021	34	36	2	AR000658	0.002	0.039	10	1070	AGSR0025	26	28	2	AR000762	0.025	0.984	40	15400
AGSR0021	36	38	2	AR000659	0.001	0.017	b.d.	865	AGSR0025	28	30	2	AR000763	0.03	0.971	40	12700
AGSR0021	38	40	2	AR000660	0.001	0.01	b.d.	525	AGSR0025	30	32	2	AR000764	0.035	0.997	30	11000
AGSR0021	40	42	2	AR000661	0.001	0.034	10	2690	AGSR0025	32	34	2	AR000766	0.042	1.03	20	9520
AGSR0021	42	44	2	AR000662	0.004	0.049	b.d.	1320	AGSR0025	34	36	2	AR000767	0.041	1.08	30	10300
AGSR0021	44	46	2	AR000663	0.013	0.17	10	2540	AGSR0025	36	38	2	AR000768	0.039	0.915	20	7960
AGSR0021	46	48	2	AR000664	0.019	0.319	10	5020	AGSR0025	38	40	2	AR000769	0.031	0.686	b.d.	5460
AGSR0021	48	50	2	AR000666	0.026	0.424	10	8060	AGSR0025	40	41	1	AR000770	0.033	0.532	b.d.	4420
AGSR0021	50	52	2	AR000667	0.025	0.42	10	8270	AGSR0026	0	2	2	AR000771	0.002	0.025	b.d.	500
AGSR0021	52	54	2	AR000668	0.015	0.416	10	5810	AGSR0026	2	4	2	AR000772	0.005	0.038	b.d.	535
AGSR0021	54	56	2	AR000669	0.016	0.317	10	5540	AGSR0026	4	6	2	AR000773	0.002	0.039	10	1060
AGSR0021	56	58	2	AR000670	0.019	0.4	10	6950	AGSR0026	6	8	2	AR000774	0.002	0.034	10	1570
AGSR0021	58	60	2	AR000671	0.02	0.428	10	7480	AGSR0026	8	10	2	AR000776	0.007	0.131	20	3000
AGSR0021	60	62	2	AR000672	0.021	0.399	b.d.	3420	AGSR0026	10	12	2	AR000777	0.075	0.606	30	3120
AGSR0021	62	64	2	AR000673	0.018	0.354	b.d.	3880	AGSR0026	12	14	2	AR000778	0.027	0.734	b.d.	6500
AGSR0021	64	65	1	AR000674	0.016	0.308	b.d.	3770	AGSR0026	14	16	2	AR000779	0.025	0.771	10	6180
AGSR0022	0	2	2	AR000676	0.001	0.012	b.d.	265	AGSR0026	16	18	2	AR000780	0.035	1.05	20	6190
AGSR0022	2	4	2	AR000677	0.001	0.015	b.d.	340	AGSR0026	18	20	2	AR000781	0.032	1.41	10	8820
AGSR0022	4	6	2	AR000678	0.001	0.015	b.d.	775	AGSR0026	20	22	2	AR000782	0.029	1.26	20	11100
AGSR0022	6	8	2	AR000679	b.d.	0.013	b.d.	2360	AGSR0026	22	24	2	AR000783	0.111	1.77	20	12900
AGSR0022	8	10	2	AR000680	0.003	0.038	b.d.	810	AGSR0026	24	26	2	AR000784	0.088	1.45	20	11500
AGSR0022	10	12	2	AR000681	0.012	0.088	10	660	AGSR0026	26	28	2	AR000786	0.122	0.967	10	11900
AGSR0022	12	14	2	AR000682	0.013	0.081	b.d.	245	AGSR0026	28	30	2	AR000787	0.086	0.944	10	10100
AGSR0022	14	16	2	AR000683	0.002	0.023	b.d.	60	AGSR0026	30	32	2	AR000788	0.063	0.732	10	10200
AGSR0022	16	18	2	AR000684	b.d.	0.016	b.d.	40	AGSR0026	32	34	2	AR000789	0.05	0.627	10	7340
AGSR0022	18	20	2	AR000686	b.d.	0.017	b.d.	925	AGSR0026	34	36	2	AR000790	0.041	0.56	20	9680
AGSR0022	20	22	2	AR000687	b.d.	0.012	b.d.	540	AGSR0026	36	38	2	AR000791	0.015	0.396	10	6400
AGSR0022	22	24	2	AR000688	0.013	0.243	20	17000	AGSR0026	38	40	2	AR000792	0.024	0.43	20	6300
AGSR0022	24	26	2	AR000689	0.038	0.391	20	20100	AGSR0026	40	41	1	AR000793	0.017	0.35	10	6920
AGSR0022	26	28	2	AR000690	0.058	0.41	20	20000	AGSR0027	0	2	2	AR000794	0.003	0.036	b.d.	535
AGSR0022	28	30	2	AR000691	0.058	0.605	30	20300	AGSR0027	2	4	2	AR000796	0.005	0.059	10	775
AGSR0022	30	32	2	AR000692	0.045	1.13	30	19500	AGSR0027	4	6	2	AR000797	0.007	0.126	10	1720
AGSR0022	32	34	2	AR000693	0.024	0.53	20	9710	AGSR0027	6	8	2	AR000798	b.d.	0.01	10	750
AGSR0022	34	36	2	AR000694	0.032	0.597	20	11700	AGSR0027	8	10	2	AR000799	0.006	0.115	10	1440

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Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)	Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number									number
AGSR0027	10	12	2	AR000800	0.005	0.07	b.d.	1020	AGSR0031	0	2	2	AR000904	0.001	0.014	b.d.	285
AGSR0027	12	14	2	AR000801	0.002	0.034	10	660	AGSR0031	2	4	2	AR000906	0.002	0.016	10	425
AGSR0027	14	16	2	AR000802	0.004	0.029	10	730	AGSR0031	4	6	2	AR000907	0.001	0.016	10	1320
AGSR0027	16	18	2	AR000803	0.002	0.039	b.d.	1220	AGSR0031	6	8	2	AR000908	0.001	0.006	10	590
AGSR0027	18	20	2	AR000804	0.003	0.047	10	1660	AGSR0031	8	10	2	AR000909	0.001	0.012	10	350
AGSR0027	20	22	2	AR000806	0.002	0.054	10	2120	AGSR0031	10	12	2	AR000910	b.d.	0.008	b.d.	655
AGSR0027	22	24	2	AR000807	0.003	0.043	10	3280	AGSR0031	12	14	2	AR000911	0.001	0.007	b.d.	295
AGSR0027	24	26	2	AR000808	0.014	0.178	30	5650	AGSR0031	14	16	2	AR000912	0.001	0.019	b.d.	740
AGSR0027	26	28	2	AR000809	0.015	0.158	30	4620	AGSR0031	16	18	2	AR000913	0.002	0.016	10	935
AGSR0027	28	30	2	AR000810	0.021	0.262	40	7190	AGSR0031	18	20	2	AR000914	0.001	0.02	b.d.	975
AGSR0027	30	32	2	AR000811	0.035	0.393	40	10700	AGSR0031	20	22	2	AR000916	0.002	0.05	b.d.	1620
AGSR0027	32	34	2	AR000812	0.038	0.439	40	14500	AGSR0031	22	24	2	AR000917	0.005	0.138	b.d.	1750
AGSR0027	34	36	2	AR000813	0.045	0.426	30	12100	AGSR0031	24	26	2	AR000918	0.019	0.48	10	5060
AGSR0027	36	38	2	AR000814	0.051	0.459	30	13600	AGSR0031	26	28	2	AR000919	0.016	0.448	b.d.	6220
AGSR0027	38	40	2	AR000816	0.082	0.522	40	20100	AGSR0031	28	30	2	AR000920	0.013	0.365	10	5180
AGSR0027	40	42	2	AR000817	0.08	0.589	30	17500	AGSR0031	30	32	2	AR000921	0.013	0.301	b.d.	5060
AGSR0027	42	44	2	AR000818	0.044	0.328	10	8950	AGSR0031	32	34	2	AR000922	0.019	0.263	b.d.	3770
AGSR0027	44	46	2	AR000819	0.045	0.291	b.d.	8430	AGSR0031	34	36	2	AR000923	0.009	0.198	b.d.	3140
AGSR0027	46	47	1	AR000820	0.027	0.211	b.d.	6530	AGSR0031	36	38	2	AR000924	0.016	0.26	b.d.	3380
AGSR0028	0	2	2	AR000821	0.003	0.033	b.d.	870	AGSR0031	38	40	2	AR000926	0.016	0.283	b.d.	3930
AGSR0028	2	4	2	AR000822	0.006	0.039	b.d.	985	AGSR0031	40	42	2	AR000927	0.019	0.288	b.d.	4080
AGSR0028	4	6	2	AR000823	0.002	0.028	b.d.	1040	AGSR0031	42	44	2	AR000928	0.018	0.243	b.d.	4480
AGSR0028	6	8	2	AR000824	b.d.	0.015	b.d.	960	AGSR0032	0	2	2	AR000929	0.003	0.036	b.d.	795
AGSR0028	8	10	2	AR000826	0.002	0.02	10	815	AGSR0032	2	4	2	AR000930	0.007	0.184	20	13100
AGSR0028	10	12	2	AR000827	0.002	0.024	b.d.	755	AGSR0032	4	6	2	AR000931	0.007	0.198	20	13200
AGSR0028	12	14	2	AR000828	0.003	0.031	10	915	AGSR0032	6	8	2	AR000932	0.005	0.094	10	4680
AGSR0028	14	16	2	AR000829	0.009	0.038	20	880	AGSR0032	8	10	2	AR000933	0.007	0.236	10	5350
AGSR0028	16	18	2	AR000830	0.001	0.031	10	1140	AGSR0032	10	12	2	AR000934	0.012	0.385	20	5980
AGSR0028	18	20	2	AR000831	0.002	0.034	b.d.	1780	AGSR0032	12	14	2	AR000936	0.016	0.439	20	7070
AGSR0028	20	22	2	AR000832	0.001	0.035	10	2470	AGSR0032	14	16	2	AR000937	0.02	0.693	10	15300
AGSR0028	22	24	2	AR000833	0.002	0.039	10	4300	AGSR0032	16	18	2	AR000938	0.021	0.625	10	14100
AGSR0028	24	26	2	AR000834	0.004	0.081	10	4640	AGSR0032	18	20	2	AR000939	0.016	0.541	10	10500
AGSR0028	26	28	2	AR000836	0.013	0.216	30	8020	AGSR0032	20	22	2	AR000940	0.023	0.544	10	16800
AGSR0028	28	30	2	AR000837	0.015	0.271	40	7120	AGSR0032	22	24	2	AR000941	0.021	0.572	20	15200
AGSR0028	30	32	2	AR000838	0.017	0.239	40	7180	AGSR0032	24	26	2	AR000942	0.016	0.423	10	13700
AGSR0028	32	34	2	AR000839	0.026	0.254	30	11400	AGSR0032	26	28	2	AR000943	0.013	0.355	10	10600
AGSR0028	34	36	2	AR000840	0.031	0.282	30	13900	AGSR0032	28	30	2	AR000944	0.039	0.781	10	12000
AGSR0028	36	38	2	AR000841	0.042	0.386	40	11900	AGSR0032	30	32	2	AR000946	0.048	0.733	b.d.	15600
AGSR0028	38	40	2	AR000842	0.045	0.373	30	14700	AGSR0032	32	34	2	AR000947	0.05	0.704	b.d.	9560
AGSR0028	40	42	2	AR000843	0.047	0.389	30	15400	AGSR0032	34	36	2	AR000948	0.02	0.484	10	16200
AGSR0028	42	44	2	AR000844	0.046	0.405	30	14600	AGSR0032	36	38	2	AR000949	0.036	0.414	b.d.	7490
AGSR0028	44	46	2	AR000846	0.052	0.455	30	21500	AGSR0032	38	40	2	AR000950	0.028	0.322	b.d.	3000
AGSR0028	46	47	1	AR000847	0.052	0.512	30	20900	AGSR0032	40	42	2	AR000951	0.029	0.396	b.d.	6940
AGSR0029	0	2	2	AR000848	0.002	0.025	b.d.	665	AGSR0032	42	44	2	AR000952	0.022	0.381	b.d.	6650
AGSR0029	2	4	2	AR000849	0.007	0.063	10	2010	AGSR0032	44	46	2	AR000953	0.025	0.51	b.d.	9510
AGSR0029	4	6	2	AR000850	0.007	0.073	b.d.	2350	AGSR0032	46	47	1	AR000954	0.021	0.456	b.d.	6790
AGSR0029	6	8	2	AR000851	b.d.	0.014	b.d.	1170	AGSR0033	0	2	2	AR000956	0.004	0.061	b.d.	1120
AGSR0029	8	10	2	AR000852	0.003	0.036	10	1750	AGSR0033	2	4	2	AR000957	0.018	0.374	30	6400
AGSR0029	10	12	2	AR000853	0.004	0.044	10	2380	AGSR0033	4	6	2	AR000958	0.022	0.465	40	12500
AGSR0029	12	14	2	AR000854	0.007	0.073	10	2500	AGSR0033	6	8	2	AR000959	0.01	0.187	20	5780
AGSR0029	14	16	2	AR000856	0.004	0.047	b.d.	1970	AGSR0033	8	10	2	AR000960	0.007	0.133	20	6320
AGSR0029	16	18	2	AR000857	0.004	0.045	10	2010	AGSR0033	10	12	2	AR000961	0.014	0.249	20	4120
AGSR0029	18	20	2	AR000858	0.003	0.06	10	3820	AGSR0033	12	14	2	AR000962	0.017	0.336	20	2070
AGSR0029	20	22	2	AR000859	0.02	0.273	10	10900	AGSR0033	14	16	2	AR000963	0.028	0.445	20	1860
AGSR0029	22	24	2	AR000860	0.041	0.327	20	8160	AGSR0033	16	18	2	AR000964	0.018	0.468	20	2550
AGSR0029	24	26	2	AR000861	0.035	0.4	10	15800	AGSR0033	18	20	2	AR000966	0.037	0.692	10	3300
AGSR0029	26	28	2	AR000862	0.056	0.61	40	16400	AGSR0033	20	22	2	AR000967	0.037	0.597	10	4450
AGSR0029	28	30	2	AR000863	0.048	0.455	30	26900	AGSR0033	22	24	2	AR000968	0.032	0.367	10	2380
AGSR0029	30	32	2	AR000864	0.074	0.676	40	22200	AGSR0033	24	26	2	AR000969	0.023	0.267	b.d.	885
AGSR0029	32	34	2	AR000866	0.079	0.862	30	17300	AGSR0033	26	28	2	AR000970	0.019	0.25	b.d.	835
AGSR0029	34	36	2	AR000867	0.079	0.887	30	15300	AGSR0033	28	30	2	AR000971	0.017	0.192	b.d.	625
AGSR0029	36	38	2	AR000868	0.068	0.758	30	15500	AGSR0033	30	32	2	AR000972	0.018	0.23	b.d.	910
AGSR0029	38	40	2	AR000869	0.059	0.655	20	16700	AGSR0033	32	33	1	AR000973	0.017	0.208	b.d.	675
AGSR0029	40	42	2	AR000870	0.046	0.499	20	12900	AGSR0034	0	2	2	AR000974	0.002	0.018	10	385
AGSR0029	42	44	2	AR000871	0.04	0.447	20	10100	AGSR0034	2	4	2	AR000976	0.005	0.066	10	2020
AGSR0029	44	46	2	AR000872	0.037	0.421	20	10700	AGSR0034	4	6	2	AR000977	0.008	0.131	30	5460
AGSR0029	46	48	2	AR000873	0.036	0.418	b.d.	12200	AGSR0034	6	8	2	AR000978	0.003	0.046	20	6080
AGSR0029	48	50	2	AR000874	0.035	0.413	b.d.	11400	AGSR0034	8	10	2	AR000979	0.005	0.082	20	9090
AGSR0029	50	52	2	AR000876	0.02	0.237	b.d.	5470	AGSR0034	10	12	2	AR000980	0.011	0.203	40	8020
AGSR0029	52	53	1	AR000877	0.019	0.218	b.d.	5200	AGSR0034	12	14	2	AR000981	0.011	0.3	40	10100
AGSR0030	0	2	2	AR000878	0.001	0.012	b.d.	275	AGSR0034	14	16	2	AR000982	0.017	0.525	40	6500
AGSR0030	2	4	2	AR000879	0.001	0.019	b.d.	435	AGSR0034	16	18	2	AR000983	0.038	0.932	30	6470
AGSR0030	4	6	2	AR000880	0.002	0.022	b.d.	880	AGSR0034	18	20	2	AR000984	0.028	0.478	b.d.	1920
AGSR0030	6	8	2	AR000881	0.001	0.009	b.d.	665	AGSR0034	20	22	2	AR000986	0.022	0.417	10	2050
AGSR0030	8	10	2	AR000882	0.001	0.015	b.d.	605	AGSR0034	22	24	2	AR000987	0.013	0.156	b.d.	970
AGSR0030	10	12	2	AR000883	b.d.	0.018	b.d.	635	AGSR0034	24	26	2	AR000988	0.017	0.283	b.d.	1540
AGSR0030	12	14	2	AR000884	0.004	0.034	b.d.	735	AGSR0034	26	28	2	AR000989	0.016	0.296	10	1360
AGSR0030	14	16	2	AR000886	0.004	0.032	b.d.	610	AGSR0034	28	30	2	AR000990	0.016	0.261	b.d.	985
AGSR0030	16	18	2	AR000887	b.d.	0.007	b.d.	115	AGSR0034	30	32	2	AR000991	0.018	0.37	b.d.	1480
AGSR0030	18	20	2	AR000888	b.d.	0.004	b.d.	30	AGSR0034	32	34	2	AR000992	0.01	0.237	b.d.	1220
AGSR0030	20	22	2	AR000889	b.d.	0.004	b.d.	45	AGSR0034	34	36	2	AR000993	0.017	0.506	b.d.	2330
AGSR0030	22	24	2	AR000890	b.d.	0.009	b.d.	705	AGSR0034	36	38	2	AR000994	0.016	0.234	b.d.	990
AGSR0030	24	26	2	AR000891	0.001	0.017	b.d.	645	AGSR0034	38	40	2	AR000996	0.013	0.202	b.d.	995
AGSR0030	26	28	2	AR000892	b.d.	0.017	b.d.	710	AGSR0034	40	42	2	AR000997	0.012	0.271	b.d.	1220
AGSR0030	28	30	2	AR000893	0.001	0.027	b.d.	910	AGSR0034	42	44	2	AR000998	0.007	0.219	b.d.	1100
AGSR0030	30	32	2	AR000894	b.d.	0.02	b.d.	970	AGSR0034	44	46	2	AR000999	0.007	0.225	b.d.	1010
AGSR0030	32	34	2	AR000896	0.001	0.037	b.d.	2330	AGSR0034	46	48	2	AR001000	0.007	0.215	b.d.	1210
AGSR0030	34	36	2	AR000897	0.013	0.316	b.d.	9730	AGSR0035	0	2	2	AR001001	0.002	0.02	b.d.	320
AGSR0030	36	38	2	AR000898	0.026	0.515	b.d.	10500	AGSR0035	2	4	2	AR001003	0.002	0.032	10	640
AGSR0030	38	40	2	AR000899	0.05	0.962	20	20900	AGSR0035	4	6	2	AR001004	0.001	0.017	10	1060
AGSR0030	40	42	2	AR000900	0.065	0.909	20	19200	AGSR0035	6	8	2	AR001005	0.002	0.018	10	950
AGSR0030	42	44	2	AR000901	0.057	0.836	10	22700	AGSR0035	8	10	2	AR001006	0.011	0.111	30	2850
AGSR0030	44	46	2	AR000902	0.031	0.378	b.d.	11600	AGSR0035	10	12	2	AR001007	0.017	0.153	40	6550
AGSR0030	46	47	1	AR000903	0.023	0.276	b.d.	8520	AGSR0035	12	14	2	AR001008	0.022	0.302	50	9940

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==> picture [174 x 23] intentionally omitted <==

Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)	Hole	From (m)	To (m)	Width (m)	Sample	Co (%)	Ni (%)	Sc (g/t)	Cr (ppm)
				number									number
AGSR0035	14	16	2	AR001009	0.018	0.35	80	13800	AGSR0039	46	48	2	AR001114	0.025	0.679	20	7040
AGSR0035	16	18	2	AR001010	0.026	0.376	50	10300	AGSR0039	48	50	2	AR001115	0.025	0.618	20	6640
AGSR0035	18	20	2	AR001011	0.041	0.602	30	9940	AGSR0039	50	52	2	AR001116	0.034	0.463	10	4330
AGSR0035	20	22	2	AR001013	0.048	1	20	13800	AGSR0039	52	54	2	AR001117	0.042	0.467	10	4300
AGSR0035	22	24	2	AR001014	0.069	1.92	40	17000	AGSR0039	54	56	2	AR001118	0.021	0.344	10	3700
AGSR0035	24	26	2	AR001015	0.094	1.52	30	14800	AGSR0039	56	58	2	AR001119	0.017	0.256	b.d.	2120
AGSR0035	26	28	2	AR001016	0.037	0.878	20	12200	AGSR0039	58	60	2	AR001120	0.018	0.299	b.d.	2890
AGSR0035	28	30	2	AR001017	0.031	0.652	b.d.	11300	AGSR0039	60	62	2	AR001121	0.016	0.259	b.d.	2690
AGSR0035	30	32	2	AR001018	0.038	0.829	20	12000	AGSR0039	62	63	1	AR001123	0.016	0.263	b.d.	2230
AGSR0035	32	34	2	AR001019	0.033	0.822	20	9710	AGSR0040	0	2	2	AR001124	0.003	0.057	b.d.	895
AGSR0035	34	36	2	AR001020	0.021	0.513	20	8120	AGSR0040	2	4	2	AR001125	0.002	0.02	10	440
AGSR0035	36	38	2	AR001021	0.022	0.425	20	7410	AGSR0040	4	6	2	AR001126	0.001	0.021	10	660
AGSR0035	38	40	2	AR001023	0.023	0.394	10	6990	AGSR0040	6	8	2	AR001127	b.d.	0.014	10	280
AGSR0035	40	42	2	AR001024	0.023	0.342	10	5810	AGSR0040	8	10	2	AR001128	b.d.	0.012	b.d.	310
AGSR0035	42	44	2	AR001025	0.014	0.274	10	4330	AGSR0040	10	12	2	AR001129	b.d.	0.006	10	650
AGSR0035	44	45	1	AR001026	0.014	0.264	b.d.	3340	AGSR0040	12	14	2	AR001130	b.d.	0.005	10	220
AGSR0036	0	2	2	AR001027	0.017	0.312	10	4980	AGSR0040	14	16	2	AR001131	b.d.	0.006	b.d.	315
AGSR0036	2	4	2	AR001028	0.005	0.092	b.d.	1770	AGSR0040	16	18	2	AR001133	0.004	0.01	b.d.	200
AGSR0036	4	6	2	AR001029	0.001	0.006	10	1100	AGSR0040	18	20	2	AR001134	0.004	0.012	b.d.	325
AGSR0036	6	8	2	AR001030	0.001	0.01	b.d.	940	AGSR0040	20	22	2	AR001135	0.006	0.024	b.d.	580
AGSR0036	8	10	2	AR001031	0.004	0.052	b.d.	1500	AGSR0040	22	24	2	AR001136	0.017	0.119	b.d.	2900
AGSR0036	10	12	2	AR001033	0.004	0.066	b.d.	1560	AGSR0040	24	26	2	AR001137	0.019	0.217	10	3300
AGSR0036	12	14	2	AR001034	0.001	0.014	10	830	AGSR0040	26	28	2	AR001138	0.014	0.274	10	4500
AGSR0036	14	16	2	AR001035	0.005	0.14	b.d.	3490	AGSR0040	28	30	2	AR001139	0.009	0.158	b.d.	1350
AGSR0036	16	18	2	AR001036	0.04	0.716	b.d.	5040	AGSR0040	30	32	2	AR001140	0.009	0.147	b.d.	1500
AGSR0036	18	20	2	AR001037	0.028	0.564	10	8550	AGSR0040	32	34	2	AR001141	0.01	0.172	b.d.	1860
AGSR0036	20	22	2	AR001038	0.028	0.371	b.d.	5900	AGSR0040	34	36	2	AR001143	0.008	0.152	b.d.	2510
AGSR0036	22	24	2	AR001039	0.025	0.287	b.d.	4430	AGSR0041	0	2	2	AR001144	0.002	0.036	b.d.	615
AGSR0036	24	26	2	AR001040	0.019	0.224	b.d.	3230	AGSR0041	2	4	2	AR001145	0.001	0.025	10	575
AGSR0036	26	28	2	AR001041	0.027	0.261	b.d.	3920	AGSR0041	4	6	2	AR001146	0.001	0.018	10	670
AGSR0036	28	30	2	AR001043	0.027	0.241	b.d.	3110	AGSR0041	6	8	2	AR001147	b.d.	0.005	b.d.	575
AGSR0036	30	32	2	AR001044	0.025	0.389	b.d.	5620	AGSR0041	8	10	2	AR001148	b.d.	0.011	10	270
AGSR0036	32	33	1	AR001045	0.022	0.284	b.d.	5000	AGSR0041	10	12	2	AR001149	0.001	0.01	b.d.	300
AGSR0037	0	2	2	AR001046	0.002	0.021	b.d.	455	AGSR0041	12	14	2	AR001150	0.008	0.032	b.d.	1180
AGSR0037	2	4	2	AR001047	0.002	0.048	b.d.	2090	AGSR0041	14	16	2	AR001151	0.02	0.118	10	2010
AGSR0037	4	6	2	AR001048	0.006	0.192	20	11000	AGSR0041	16	18	2	AR001153	0.023	0.268	10	3230
AGSR0037	6	8	2	AR001049	0.004	0.148	10	8990	AGSR0041	18	20	2	AR001154	0.038	0.586	30	4780
AGSR0037	8	10	2	AR001050	0.002	0.025	10	860	AGSR0041	20	22	2	AR001155	0.051	0.99	30	6340
AGSR0037	10	12	2	AR001051	0.001	0.016	10	165	AGSR0041	22	24	2	AR001156	0.051	1.11	20	6600
AGSR0037	12	14	2	AR001053	0.001	0.039	b.d.	315	AGSR0041	24	26	2	AR001157	0.048	1.03	30	6980
AGSR0037	14	16	2	AR001054	0.021	0.411	10	260	AGSR0041	26	28	2	AR001158	0.025	0.703	20	2490
AGSR0037	16	18	2	AR001055	0.038	0.465	10	150	AGSR0041	28	30	2	AR001159	0.035	0.778	10	4250
AGSR0037	18	20	2	AR001056	0.024	0.494	10	90	AGSR0041	30	32	2	AR001160	0.009	0.275	b.d.	1090
AGSR0037	20	22	2	AR001057	0.015	0.43	10	40	AGSR0041	32	34	2	AR001161	0.01	0.302	10	1560
AGSR0037	22	24	2	AR001058	0.017	0.626	10	110	AGSR0041	34	36	2	AR001163	0.01	0.268	10	1120
AGSR0037	24	26	2	AR001059	0.018	0.504	10	40	AGSR0041	36	38	2	AR001164	0.007	0.16	b.d.	825
AGSR0037	26	28	2	AR001060	0.014	0.325	10	100	AGSR0041	38	39	1	AR001165	0.005	0.099	10	420
AGSR0037	28	30	2	AR001061	0.015	0.222	b.d.	85	AGSR0042	0	2	2	AR001166	0.002	0.017	b.d.	315
AGSR0037	30	32	2	AR001063	0.016	0.253	10	140	AGSR0042	2	4	2	AR001167	0.002	0.033	10	755
AGSR0037	32	34	2	AR001064	0.016	0.149	10	90	AGSR0042	4	6	2	AR001168	0.001	0.01	10	490
AGSR0037	34	36	2	AR001065	0.018	0.232	b.d.	185	AGSR0042	6	8	2	AR001169	0.001	0.009	10	520
AGSR0037	36	38	2	AR001066	0.042	0.492	20	5860	AGSR0042	8	10	2	AR001170	0.002	0.026	b.d.	1440
AGSR0037	38	39	1	AR001067	0.02	0.343	10	6890	AGSR0042	10	12	2	AR001171	0.02	0.092	b.d.	950
AGSR0038	0	2	2	AR001068	0.004	0.046	b.d.	540	AGSR0042	12	14	2	AR001173	0.024	0.467	10	2560
AGSR0038	2	4	2	AR001069	0.003	0.044	10	810	AGSR0042	14	16	2	AR001174	0.014	0.25	b.d.	980
AGSR0038	4	6	2	AR001070	0.001	0.018	10	695	AGSR0042	16	18	2	AR001175	0.008	0.209	b.d.	890
AGSR0038	6	8	2	AR001071	b.d.	0.007	10	380	AGSR0042	18	20	2	AR001176	0.008	0.147	10	630
AGSR0038	8	10	2	AR001073	b.d.	0.006	b.d.	250	AGSR0042	20	22	2	AR001177	0.01	0.2	10	830
AGSR0038	10	12	2	AR001074	b.d.	0.016	b.d.	480	AGSR0042	22	24	2	AR001178	0.013	0.264	10	1150
AGSR0038	12	14	2	AR001075	0.044	0.254	30	8430	AGSR0042	24	26	2	AR001179	0.042	0.689	10	3890
AGSR0038	14	16	2	AR001076	0.046	0.662	50	16100	AGSR0042	26	28	2	AR001180	0.021	0.269	10	1440
AGSR0038	16	18	2	AR001077	0.026	0.904	70	12500	AGSR0042	28	30	2	AR001181	0.019	0.293	10	2190
AGSR0038	18	20	2	AR001078	0.037	0.98	50	9640	AGSR0042	30	32	2	AR001183	0.019	0.28	10	2000
AGSR0038	20	22	2	AR001079	0.051	1.23	50	9520	AGSR0042	32	34	2	AR001184	0.017	0.245	b.d.	1340
AGSR0038	22	24	2	AR001080	0.039	0.81	20	6030	AGSR0042	34	36	2	AR001185	0.017	0.298	b.d.	1960
AGSR0038	24	26	2	AR001081	0.03	0.645	10	4300	AGSR0042	36	38	2	AR001186	0.016	0.218	b.d.	620
AGSR0038	26	28	2	AR001083	0.023	0.446	10	2780	AGSR0043	0	2	2	AR001187	0.006	0.048	10	445
AGSR0038	28	30	2	AR001084	0.026	0.42	10	2490	AGSR0043	2	4	2	AR001188	0.002	0.018	10	580
AGSR0038	30	32	2	AR001085	0.028	0.304	b.d.	1190	AGSR0043	4	6	2	AR001189	0.002	0.015	10	570
AGSR0038	32	34	2	AR001086	0.014	0.243	b.d.	1170	AGSR0043	6	8	2	AR001190	0.001	0.005	10	290
AGSR0038	34	36	2	AR001087	0.014	0.272	b.d.	1490	AGSR0043	8	10	2	AR001191	0.003	0.032	b.d.	745
AGSR0039	0	2	2	AR001088	0.003	0.031	b.d.	415	AGSR0043	10	12	2	AR001193	0.003	0.042	b.d.	790
AGSR0039	2	4	2	AR001089	0.003	0.036	10	615	AGSR0043	12	14	2	AR001194	0.022	0.091	b.d.	1630
AGSR0039	4	6	2	AR001090	0.001	0.012	10	710	AGSR0043	14	16	2	AR001195	0.021	0.118	b.d.	1300
AGSR0039	6	8	2	AR001091	0.003	0.03	10	710	AGSR0043	16	18	2	AR001196	0.029	0.214	b.d.	750
AGSR0039	8	10	2	AR001093	0.004	0.046	b.d.	790	AGSR0043	18	20	2	AR001197	0.019	0.19	b.d.	470
AGSR0039	10	12	2	AR001094	0.004	0.041	10	535	AGSR0043	20	22	2	AR001198	0.014	0.176	b.d.	510
AGSR0039	12	14	2	AR001095	0.006	0.041	b.d.	295	AGSR0043	22	24	2	AR001199	0.018	0.201	b.d.	660
AGSR0039	14	16	2	AR001096	0.005	0.052	b.d.	585	AGSR0043	24	26	2	AR001200	0.022	0.232	b.d.	560
AGSR0039	16	18	2	AR001097	0.004	0.056	b.d.	345	AGSR0043	26	28	2	AR001201	0.02	0.29	b.d.	1290
AGSR0039	18	20	2	AR001098	0.002	0.023	b.d.	145	AGSR0043	28	30	2	AR001203	0.016	0.316	b.d.	1990
AGSR0039	20	22	2	AR001099	b.d.	0.011	b.d.	120
AGSR0039	22	24	2	AR001100	0.001	0.01	b.d.	175
AGSR0039	24	26	2	AR001101	0.003	0.038	b.d.	245
AGSR0039	26	28	2	AR001103	0.002	0.026	b.d.	610
AGSR0039	28	30	2	AR001104	0.003	0.016	b.d.	815
AGSR0039	30	32	2	AR001105	0.012	0.238	30	13500
AGSR0039	32	34	2	AR001106	0.012	0.411	40	15700
AGSR0039	34	36	2	AR001107	0.014	0.682	100	21300
AGSR0039	36	38	2	AR001108	0.052	1.26	60	12300
AGSR0039	38	40	2	AR001109	0.059	0.978	40	13400
AGSR0039	40	42	2	AR001110	0.043	0.695	30	9560
AGSR0039	42	44	2	AR001111	0.058	0.79	30	8520
AGSR0039	44	46	2	AR001113	0.028	0.692	20	6680

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Appendix 3 – Collated intercepts, Goongarrie South

Parameters used to define nickel, cobalt, and scandium intercepts at Goongarrie South

Parameter	Nickel	Cobalt	Scandium
Minimum cut-off	0.50 % Ni	0.10 % Co	50 g/t Sc
Minimum intercept thickness	2 m	2 m	2 m
Maximum internal waste thickness	4 m	4 m	4 m

Nickel, cobalt, and scandium intercepts from new drilling at Goongarrie South

All newly defined cobalt intercepts at Goongarrie South (calculated both from new data and historic data) were calculated using the following parameters: • Intercepts based on nickel distributions were first calculated using 0.50 % nickel minimum cut-off, 2 m minimum intercept, and 4 m internal waste. Such parameters define broad intercepts that may be cobalt bearing or cobalt poor. Intercepts are considered of interest where cobalt values exceed 0.08%.
Intercepts based on cobalt distributions are then calculated using a 0.10 % cobalt minimum cut-off, 2 m minimum intercept, and 4 m internal waste. All significant cobalt intercepts are hosted within the broader nickel-based intercepts and tend to define higher-grade, shorter intercepts.
• Where core loss was an issue, and where the thickness of core loss was less than the internal waste thickness, grades in zones of core loss were taken as the weighted average of the intervals immediately above and below the core loss interval in question. This provides grade distributions downhole that are consistent with mineralised zones, where cobalt and nickel grades are observed to change gradually rather than randomly downhole. By defining zones of core loss as being of a value between the interval above and the interval below, a similarly smooth transition in grades downhole is achieved. This method of estimated grade in zones of core loss is therefore considered the most suitable means of defining grade in such zones at Goongarrie South.
Where an interval of core loss, through calculation, marked the beginning or end of a mineralised interval, this core loss interval was not included in that mineralisation interval.

Scandium intercepts were defined by using a 50g/t scandium minimum cut-off, a 2 m minimum intercept, and a 4 m internal waste. Scandium intercept distributions do not show a consistent relationship to cobalt and nickel mineralisation and are usually in the shallow subsurface.

Pamela West deposit[10]

6669840 mN section

AGSR0003 2 m at 50 g/t scandium from 6.3 m[11] and 12 m at 0.027 % cobalt and 0.85 % nickel from 18.3 m[12] including 2 m at 50 g/t scandium and 1.06 % nickel from 20.3 m[11]

AGSR0002 22 m at 0.068 % cobalt and 1.037 % nickel from 8 m[12]

including 2 m at 0.201 % cobalt and 0.895 % nickel from 10 m[13] and 4 m at 50 g/t scandium, 0.053 % cobalt, and 1.07 % nickel from 14 m[11]

AGSR0001 24 m at 0.071 % cobalt and 0.616 % nickel from 8.3 m[12] including 4 m at 0.209 % cobalt and 0.85 % nickel from 14.3 m[13]

6669760 mN section

AGSR0005 32 m at 0.09 % cobalt and 1.06 % nickel from 16 m[12]

including 14 m at 0.146 % cobalt and 1.457 % nickel from 22 m[13]

AGSR0004 4 m at 50 g/t scandium from 4 m[11]

10 Drillholes for the Pamela West deposit are listed first by section (north to south), then by hole west to east

11 Scandium-defined intercept (see top p.17)

12 Nickel-defined intercept (see top p.17)

13 Cobalt-defined intercept (see top p.17)

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Elsie South deposit[14]

6668000	mN section
	AGSR0042	2 m at 0.042 % cobalt and 0.689 % nickel from 24 m12
	AGSR0041	12 m at 0.041 % cobalt and 0.866 % nickel from 18 m12
6667920	mN section
	AGSR0036	4 m at 0.034 % cobalt and 0.64 % nickel from 16 m12
	AGSR0037	4 m at 0.017 % cobalt and 0.565 % nickel from 22 m12
	AGSR0038	12 m at 0.038 % cobalt and 0.872 % nickel from 14 m12
		_including_8 m at 55 g/t scandium and 0.944 % nickel from 14 m11
	AGSR0039	16 m at 0.038 % cobalt and 0.799 % nickel from 34 m12
		including 4 m at 80 g/t scandium and 0.971 % nickelfrom 34 m11
6667840	mN section
	AGSR0027	4 m at 0.081 % cobalt and 0.556 % nickel from 38 m12
		_including_4 m at 0.081 % cobalt and 0.556 % nickel from 38 m13
	AGSR0029	14 m at 0.066 % cobalt and 0.7 % nickel from 26 m12
	AGSR0030	8 m at 0.049 % cobalt and 0.805 % nickel from 36 m12
	AGSR0032	20 m at 0.027 % cobalt and 0.597 % nickel from 14 m12
	and	2 m at 0.025 % cobalt and 0.51 % nickel from 44 m12
	AGSR0033	4 m at 0.037 % cobalt and 0.644 % nickel from 18 m12
	AGSR0034	4 m at 0.027 % cobalt and 0.728 % nickel from 14 m12
	and	2 m at 0.017 % cobalt and 0.506 % nickel from 34 m12
	AGSR0035	6 m at 60 g/t scandium from 12 m11
	and	18 m at 0.046 % cobalt and 0.971 % nickel from 18 m12
		_including_2 m at 0.094 % cobalt and 1.52 % nickel from 24 m13
6667760	mN section
	AGSR0022	14 m at 0.062 % cobalt and 0.754 % nickel from 28 m12
		including 4 m at 0.105 % cobalt and 0.791 % nickelfrom 38 m13
	AGSR0023	4 m at 0.05 % cobalt and 0.726 % nickel from 14 m12
	AGSR0025	14 m at 54 g/t scandium from 10 m11
		21 m at 0.031 % cobalt and 0.829 % nickel from 20 m12
	AGSR0026	26 m at 0.06 % cobalt and 0.991 % nickelfrom 10 m12
		including 8 m at 0.102 % cobalt and 1.283 % nickelfrom 22 m13

14 Drillholes for the Elsie South deposit are listed first by section (north to south), then by hole west to east

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6667680 mN section

mN section
AGSR0011	16 m at 0.047 % cobalt and 0.62 % nickel from 40 m12
	_including_4 m at 50 g/t scandium, 0.056 % cobalt, and 0.714 % nickel from 40 m11
	_and_2 m at 0.113 % cobalt and 0.697 % nickel from 44 m13
AGSR0010	40 m at 0.032 % cobalt and 0.852 % nickel from 28 m12
	_including_14 m at 51 g/t scandium, 0.025 % cobalt, and 1.166 % nickel from 30
	m11
AGSR0009	12 m at 55 g/t scandium, 0.034 % cobalt, and 1.054 % nickel from 10 m11
and	56 m at 0.066 % cobalt and 1.085 % nickelfrom 12 m12
	including 16 m at 0.111 % cobalt and 1.202 % nickelfrom 30 m13
	and2 m at 50 g/t scandium, 0.104 % cobalt, and 1.50 % nickelfrom 32
	m11
AGSR0008	6 m at 0.028 % cobalt and 0.556 % nickel from 22 m12
and	4 m at 0.047 % cobalt and 0.641 % nickel from 34 m12
AGSR0007	6 m at 0.029 % cobalt and 0.613 % nickel from 12 m12
	_including_2 m at 60 g/t scandium, 0.026 % cobalt, and 0.672 % nickel from 12 m11
and	2 m at 0.03 % cobalt and 0.571 % nickel from 44 m12
AGSR0006	28 m at 0.037 % cobalt and 0.809 % nickel from 10 m12
	_including_2 m at 60 g/t scandium, 0.035 % cobalt, and 0.679 % nickel from 10 m11

6667600 mN section

6667600	and AGSR0006 mN section	_including_2 m at 60 g/t scandium, 0.026 % cobalt, and 0.672 % nickel from 12 m11 2 m at 0.03 % cobalt and 0.571 % nickel from 44 m12 28 m at 0.037 % cobalt and 0.809 % nickel from 10 m12 _including_2 m at 60 g/t scandium, 0.035 % cobalt, and 0.679 % nickel from 10 m11
	AGSR0012	2 m at 50 g/t scandium from 42 m11
	AGSR0015	32 m at 0.083 % cobalt and 0.872 % nickelfrom 32 m12
		including 24 m at 0.098 % cobalt and 0.986 % nickelfrom 36 m13
	AGSR0016	20 m at 50 g/t scandium, 0.029 % cobalt, and 0.671 % nickel from 10 m11
	and	24 m at 0.032 % cobalt and 0.724 % nickel from 14 m12
	AGSR0017	22 m at 0.056 % cobalt and 0.715 % nickel from 14 m12
		_including_4 m at 50 g/t scandium, 0.043 % cobalt, and 0.634 % nickel from 14 m11
		_and_2 m at 50 g/t scandium, 0.034 % cobalt, and 0.907 % nickel from 24 m11
		_and_4 m at 0.119 % cobalt and 0.889 % nickel from 28 m13
	AGSR0018	4 m at 0.044 % cobalt and 0.551 % nickel from 18 m12
6667520	mN section
	AGSR0020	4 m at 50 g/t scandium from 12 m11
	and	2 m at 0.042 % cobalt and 0.57 % nickel from 14 m12
	and	14 m at 0.021 % cobalt and 0.621 % nickel from 28 m12
	AGSR0019	10 m at 0.035 % cobalt and 0.408 % nickel from 18 m12

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Appendix 4 – JORC Code, 2012 Edition, Table 1 report

Section 1 Sampling Techniques and Data

(Criteria in this section applies to all succeeding sections)

Criteria	JORC Code explanation	Commentary
*Sampling techniques* Note: Due to the similarity of the deposit styles, procedures and estimations used this table represents the combined methods for all Ardea Resources (ARL) Cobalt and Nickel Laterite Resources. Where data not collected by ARL has been used in the resource calculations, variances in techniques are noted.	• Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.	• All holes were sampled “in-principle” on a 2 metre down hole interval basis, with exceptions being made due to visual geological/mineralogical breaks, and end of hole final-lengths. All sampling lengths were recorded in ARL’s standard core-sampling record spreadsheets. Sample condition, sample recovery and sample size were recorded for all drill-core samples collected by ARL. • The drill spacing was designed to augment historic drilling, bringing drill densities down from 80mE x 80mN to 40mE x 80mN. The drilling will also contribute to provide material for the purpose of metallurgical sampling and production of production of pilot marketing samples of cobalt sulphate and nickel sulphate. • Industry standard practice was used in the processing of samples for assay, with 2m intervals of RC chips collected in green plastic bags. As the drilling was within a 2012 JORC-compliant Indicated Ni-Co resource, prior knowledge of the resource peculiarities contributes and assists significantly to current interpretation of mineralisation. • Assay of samples utilised standard laboratory techniques with standard ICP-AES undertaken on 50 gram samples for Au, Pt and Pd, and lithium borate fused-bead XRF analysis used for the remaining multi-element suite. Further details of lab processing techniques are found in Quality of assay data and laboratory tests below.
*Drilling techniques*	• Drill type (e.g. core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	• In this most recent program, Ardea drilled the Goongarrie South deposit with 43 diamond drill holes on a varying MGA94 z51 northing grid-spacing of 80m at several localities (see Figure 2). Holes were vertical (-90 degree dip), designed to optimally intersect the sub-horizontal mineralisation. RC drilling was performed with a face sampling hammer (bit diameter between 4½ and 5 ¼ inches) and samples were collected by either a cone (majority) or riffle splitter using 2 metre composites. Sample condition, sample recovery and sample size were recorded for all drill samples collected by ARL.
*Drill sample recovery*	• Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	• RC chip sample recovery was recorded by visual estimation of the reject sample, expressed as a percentage recovery. Overall estimated recovery was approximately 80%, which is considered to be acceptable for nickel-cobalt laterite deposits. RC Chip sample condition recorded using a three code system, D=Dry, M=Moist, W=Wet. A small proportion of samples were moist or wet (11.5%), with the majority of these being associated with soft goethite clays, where water injection has been used to improve drill recovery. • Measures taken to ensure maximum RC sample recoveries included maintaining a clean cyclone and drilling equipment, using water injection at times of reduced air circulation, as well as regular communication with the drillers and slowing drill advance rates when variable to poor ground conditions are encountered.
*Logging*	• Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged.	• Drilling was undertaken for metallurgical purposes, and twinning comparison with previous historic RC holes. The level of logging detail utilised supports this type of review and was as follows: Visual geological logging was completed for all drilling both at the time of drilling (using standard Ardea laterite logging codes), and later over relevant met-sample intervals with a metallurgical-logging perspective. Geochemistry from historic data was used together with logging data to validate logged geological horizons. Nickel laterite profiles contain geochemically very distinct horizons and represent a sound validation tool against visual logging. The major part of the logging system was developed by Heron Resources Limited specifically for the KNP and was designed to facilitate future geo-metallurgical studies. It has been customised by Ardea Resources Limited as considered appropriate for recent developments. Planned drill hole target lengths were adjusted by the geologist during drilling. The geologist also oversaw all sampling and drilling practices. A mixture of ARL employees and contract geologists supervised all drilling. Quarter core of all drilling has been retained for reference. • Visual geological logging was completed for all RC drilling on 1 metre intervals. The logging system was developed by Heron Resources Limited specifically for the KNP and was designed to facilitate future geo-metallurgical studies. Logging was performed at the time of drilling, and planned drill hole target lengths adjusted by the geologist during drilling. The geologist also oversaw all sampling and drilling practices. A mixture of ARLemployees and contract geologists supervised alldrilling.

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Criteria	JORC Code explanation	Commentary
		A small selection of representative chips were also collected for every 1 metre interval and stored in chip-trays for future reference. Only drilling contractors with previous nickel laterite experience and suitable rigs were used. • The geological legend used by ARL is a qualitative legend designed to capture the key physical and metallurgical features of the nickel-cobalt laterite mineralisation. Logging captured the colour, regolith unit and mineralisation style, often accompanied by the logging of protolith, estimated percentage of free silica, texture, grain size and alteration. Logging correlated well with the geochemical algorithm developed by Heron Resources Limited for the Yerilla Nickel Project for material type prediction from multi-element assay data. •
*Sub-sampling* *techniques and sample* *preparation*	• If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the _grainsize of the material being sampled. _	• 2 metre (and rarely 1 metre) composite samples were recovered using a 15:1 rig mounted cone splitter or trailer mounted riffle splitter during drilling into a calico sample bag. Sample target weight was between 2 and 3kg. In the case of wet clay samples, grab samples taken from sample return pile, initially into a calico sample bag. Wet samples stored separately from other samples in plastic bags and riffle split once dry. • QAQC was employed. A standard, blank or duplicate sample was inserted into the sample stream 10 metres on a rotating basis. Standards were either quantified industry standards, or standards made from homogenised bulk samples of the mineralisation being drilled (in the case of the Yerilla project). Every 30th sample a duplicate sample was taken using the same sample sub sample technique as the original sub sample. Sample sizes are appropriate for the nature of mineralisation.
*Quality of assay data* *and laboratory tests*	• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	• All Ardea samples were submitted to Kalgoorlie ALS laboratories and transported to ALS Perth, where they were pulverised. Analysis at ALS Perth was by ICP utilising a 50g charge (lab method PGM-ICP24) for PGM suite elements (Au, Pt, Pd). Additional analysis was undertaken by sending subsamples to ALS Brisbane where analysis by silicate fusion / XRF analysis (lab method ME-XRF12n) for multiple grade attributes for laterite ores (Al2O3, As, BaO, CaO, Cl, Co, Cr2O3, Cu, Fe2O3, Ga, K2O, MgO, MnO, Na2O, Ni, P2O5, Pb, Sc, SiO2, SO3, SrO, TiO2, V2O5, Zn, ZrO2). Fusion / XRF analysis is an industry standard method used to analyse nickel laterite ores and ALS is a reputable commercial laboratory with extensive experience in assaying nickel laterite samples from numerous Western Australian nickel laterite deposits. • ALS routinely inserts analytical blanks, standards and duplicates into the client sample batches for laboratory QAQC performance monitoring. • Ardea also inserted QAQC samples into the sample stream at a 1 in 10 frequency, alternating between blanks (industrial sands) and standard reference materials. Additionally, a review was conducted for geochemical consistency between historically expected data, recent data, and geochemical values that would be expected in a nickel laterite profile. • All of the QAQC data has been statistically assessed. There were rare but explainable inconsistencies in the returning results from standards submitted, and it has been determined that levels of accuracy and precision relating to the samples are acceptable.
*Verification of sampling* *and assaying*	• The verification of significant intersections by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • Discuss any adjustment to assay data.	• All Ardea samples were submitted to Kalgoorlie ALS laboratories and transported to ALS Perth, where they were pulverised. Analysis at ALS Perth was by ICP utilising a 50g charge (lab method PGM-ICP24) for PGM suite elements (Au, Pt, Pd). Additional analysis was undertaken by sending subsamples to ALS Brisbane where analysis by silicate fusion / XRF analysis (lab method ME-XRF12n) for multiple grade attributes for laterite ores (Al2O3, As, BaO, CaO, Cl, Co, Cr2O3, Cu, Fe2O3, Ga, K2O, MgO, MnO, Na2O, Ni, P2O5, Pb, Sc, SiO2, SO3, SrO, TiO2, V2O5, Zn, ZrO2). Fusion / XRF analysis is an industry standard method used to analyse nickel laterite ores and ALS is a reputable commercial laboratory with extensive experience in assaying nickel laterite samples from numerous Western Australian nickel laterite deposits. • ALS routinely inserts analytical blanks, standards and duplicates into the client sample batches for laboratory QAQC performance monitoring. • Ardea also inserted QAQC samples into the sample stream at a 1 in 20 frequency, alternating between duplicates splits, blanks (industrial sands) and standard reference materials. • Additionally, a review was conducted for geochemical consistency between historically expected data, recent data, and geochemical values that would be expected in a nickel laterite profile. • All of the QAQC data has been statistically assessed. There were some inconsistencies in the returning results from standards submitted, relating to the XRF analysis suite. This has been thoroughly investigated with the conclusion that either some standards were not correctly identified and recorded on submission, or time/external influencehashad an impact onsome ofthe quality ofthevalues

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Criteria	JORC Code explanation	Commentary
		standards, as figures reported for the relevant errant standards were significantly different to the normal recognisable standard values. Ardea has undertaken its own further in-house review of QAQC results of the ALS routine standards, 100% of which returned within acceptable QAQC limits. This fact combined with the fact that the data is demonstrably consistent and repeated for expected Ni/Co values within the lateritic ore profiles of both reported areas and is also consistent with nearby abundant historic drilling data, has meant that the results are considered to be acceptable and suitable for reporting.
*Location of data points*	• Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. • Specification of the grid system used. • Quality and adequacy of topographic control.	• All drill holes are to be surveyed using an RTK DGPS system with either a 3 or 7 digit accuracy. The coordinates are stored in the exploration database referenced to the MGA Zone 51 Datum GDA94. • All holes drilled as part of the Goongarrie South program were vertical. No holes were down-hole surveyed except at EOH. The sub-horizontal orientation of the mineralisation, combined with the soft nature of host material resulted in minimal deviation of vertical diamond drill holes. • The grid system for all models is GDA94. Where historic data or mine grid data has been used it has been transformed into GDA94 from its original source grid via the appropriate transformation. Both original and transformed data is stored in the digital database. • A DGPS pickup up of drill collar locations is considered sufficiently accurate for reporting of resources, but is not suitable for mine planning and reserves.
*Data spacing and* *distribution*	• Data spacing for reporting of Exploration Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. • Whether sample compositing has been applied.	• The drill spacing was designed to augment historic drilling, bringing drill densities down from 80mE x 80mN to 40mE x 80mN. The program to date is part of a broader program. All proposed drilling has been completed at Elsie South only. Drilling continues at all other deposits. • Given the homogeneity of this style of orebody, the spacing is, for bulk-scale metallurgical work and probable mining techniques, considered sufficient. • Sample compositing has not been applied to the newly collected data.
*Orientation of data in* *relation to geological* *structure*	• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	• All drill holes in this program were vertical and give a true width of the regolith layers and mineralisation within the modelled resource. • On a local scale, there is some geological variability in the northern most drill line (6669600mN) due to a probable shear structure. However, this local variability is not considered to be significant for the project overall, but will have local effects on mining and scheduling later in the project life. As the detailed shape of the orebody has already been well defined by an abundance of nearby resource drill holes (including the northern section) it is no bias is expected to be introduced from data pertaining to these drill holes with reference to mineralised structures.
*Sample security*	• The measures taken to ensure sample security.	• All samples were collected and accounted for by ARL employees/consultants during drilling. All samples were bagged into calico plastic bags and closed with cable ties. Samples were transported to Kalgoorlie from logging site by ARL employees/ consultants and submitted directly to ALS Kalgoorlie. • The appropriate manifest of sample numbers and a sample submission form containing laboratory instructions were submitted to the laboratory. Any discrepancies between sample submissions and samples received were routinely followed up and accounted for.
*Audits or reviews*	• The results of any audits or reviews of sampling techniques and data.	• ARL has periodically conducted internal reviews of sampling techniques relating to resultant exploration datasets, and larger scale reviews capturing the data from multiple drilling programmes within the KNP. • Internal reviews of the exploration data included the following: • Unsurveyed drill hole collars (less than 1% of collars). • Drill Holes with overlapping intervals (0%). • Drill Holes with no logging data (less than 2% of holes). • Sample logging intervals beyond end of hole depths (0%). • Samples with no assay data (from 0 to <5% for any given project, usually • related to issues with sample recovery from difficult ground conditions, • mechanical issues with drill rig, damage to sample in transport or sample preparation). • Assay grade ranges. • Collar coordinate ranges • Valid hole orientation data. • The ALS Laboratory was visited by ARL staff in 2016, and the laboratory processes and procedures were reviewed at this time and determined to be robust.

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Section 2 - Reporting of Exploration Results

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

Criteria	JORC Code explanation	Commentary
*Mineral tenement and* *land tenure status*	• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of ~~tilithkidit~~	• The tenement on which the Goongarrie South drilling was undertaken is M29/272. • The tenement and land tenure status for the KNP prospect areas containing continuous cobalt rich laterite mineralisation is summarised in Table 3 following and in the Ardea Prospectus, section 9 “Solicitor’s Report on Tenements”.
*Exploration done by* *other parties*	~~reporng aong w any nown mpemens~~ • Acknowledgment and appraisal of exploration by other parties.	• The Goongarrie South deposit was initially discovered by Heron Resources Ltd and subsequently drilled by Vale Inco Limited in a Joint Venture. Much historic assessment of the Black Range Project was undertaken by Heron Resources Limited.
*Geology*	• Deposit type, geological setting and style of mineralisation.	• The KNP nickel-cobalt laterite mineralisation developed during the weathering and near surface enrichment of Archaean-aged olivine-cumulate ultramafic units. The mineralisation is usually within 60 metres of surface and can be further subdivided on mineralogical and metallurgical characteristics into upper iron-rich material and lower magnesium-rich material based on the ratios of iron to magnesium. The deposits are analogous to many weathered ultramafic-hosted nickel-cobalt deposits both within Australia and world-wide. • Cobalt-rich mineralisation is typically best developed in iron-rich material in regions of deep weathering in close proximity to major shear zones or transfer shear structures and to a lesser extent as thin zones along the interface of ferruginous and saprolite boundaries at shallower depths proximal to shear structures. • The Cobalt Zone is associated with a distinctive geo-metallurgical type defined as “Clay Upper Pyrolusitic”. Mineralogy is goethite, gibbsite and pyrolusite (strictly “asbolite” or “cobaltian wad”). The Cobalt Zones typically occur as sub-horizontal bodies at a palaeo-water table within the KNP (late stage supergene enrichment). This material is particularly well developed at Goongarrie South.
*Drill hole Information*	• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: • easting and northing of the drill hole collar • elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar • dip and azimuth of the hole • down hole length and interception depth • hole length.	• All holes drilled in this most recent program are listed in “Appendix 1 – Collar location data”.
*Drill hole Information*	• 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.	• All assay data relating to the metals of interest at Goongarrie South, namely cobalt, nickel, scandium, and chromium, are listed in “Appendix 2 – Assay results”. Other elements were assayed but have not been reported here. They are of use and of interest from a scientific and metallurgical perspective, but are not considered material and their exclusion does not detract from the understanding of this report.
*Data aggregation* *methods*	• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values should be clearly stated.	• Most drill hole samples have been collected over 2m down hole intervals. • All newly defined cobalt and nickel intercepts at Goongarrie South were calculated using the following parameters: • Intercepts based on nickel distributions were first calculated using 0.50 % nickel minimum cut-off, 2 m minimum intercept, and 4 m internal waste. Such parameters define broad intercepts that may be cobalt bearing or cobalt poor. Intercepts are considered of interest where cobalt values exceed 0.08%. • Intercepts based on cobalt distributions are then calculated using a 0.10 % cobalt minimum cut-off, 2 m minimum intercept, and 4 m internal waste. All significant cobalt intercepts are hosted within the broader nickel-based intercepts and tend to define higher-grade, shorter intercepts. • Where core loss was an issue, and where the thickness of core loss was less than the internal waste thickness, grades in zones of core loss were taken as the weighted average of the intervals immediately above and below the core loss interval in question. This provides grade distributions downhole that are consistent with mineralised zones, where cobalt and nickel grades are observed to change gradually rather than randomly downhole. By defining zones of core loss as being of a value between the interval above and the interval below, a similarly smooth transition in grades downhole is achieved. This method of estimated grade in zones of core loss is therefore considered the most suitable means of defining grade in such zones at Goongarrie South. • Where an interval of core loss, through calculation, marked the beginning or end of amineralisedinterval, this corelossinterval wasnotincludedinthatmineralisation

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Criteria	JORC Code explanation	Commentary
		interval. • Scandium intercepts were defined by using a 50g/t scandium minimum cut-off, a 2 m minimum intercept, and a 4 m internal waste. Scandium intercept distributions do not show a consistent relationship to cobalt and nickel mineralisation and are usually in the shallow subsurface. • Assay compositing techniques were not used in this assessment. • No metal equivalent calculations have been used in this assessment.
*Relationship between* *mineralisation widths* *and intercept lengths*	• These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known’).	• The nickel-cobalt laterite mineralisation at Goongarrie South has a strong global sub- horizontal orientation. • All drill holes are vertical. • All drill holes intersect the mineralisation at approximately 90°to its orientation
*Diagrams*	• Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.	• Maps and sections of the cobalt and nickel mineralisation are shown within the report. Every drill hole on every section drilled is shown.
*Balanced reporting*	• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.	• Not applicable to this report. All results are report either in the text or in the associated appendices. Examples of high-grade mineralisation are labelled as such.
*Other substantive* *exploration data*	• Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or _contaminating substances. _	• No other data are, at this stage, known to be either beneficial or deleterious to recovery of the metals reported. Uncertainties surrounding the possibility of recovery of the metals of interest are noted prominently in the report.
*Further work*	• The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling). • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	• Further drilling is likely to be undertaken at Goongarrie South but has not yet been defined. Further drilling could include infill drilling as well as extension of lines to the north and south as appropriate. • Metallurgical assessment of all metals of interest at Goongarrie South will be undertaken during the Pre-Feasibility Study (PFS) which has commenced on the KNP Cobalt Zone.

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ARDEA RESOURCES LIMITED Capital/Financing Update 2018

64421_rns_2018-02-14_b86dc4ee-1cb1-44d0-a226-ec28128aaccd.pdf

Drilling confirms continuity of cobalt and nickel mineralisation

ASX & Media Release

ASX Symbol

Telephone

Email

Website

Directors

Issued Capital

RC drilling program results

Pamela West deposit[3]

Elsie South deposit[6]

Scandium results

Ongoing drilling at Goongarrie

Diamond and sonic drilling

For further information regarding Ardea, please visit www.ardearesources.com.au or contact:

Ardea Resources:

Compliance Statement (JORC 2012)

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Appendix 1 – Collar location data

New drill holes by Ardea Resources

Appendix 2 – Assay results from Goongarrie South

Appendix 3 – Collated intercepts, Goongarrie South

Nickel, cobalt, and scandium intercepts from new drilling at Goongarrie South

Pamela West deposit[10]

Elsie South deposit[14]

6667680 mN section

Appendix 4 – JORC Code, 2012 Edition, Table 1 report

Section 1 Sampling Techniques and Data

Section 2 - Reporting of Exploration Results

AI assistant

ARDEA RESOURCES LIMITED — Capital/Financing Update 2018

64421_rns_2018-02-14_b86dc4ee-1cb1-44d0-a226-ec28128aaccd.pdf

Drilling confirms continuity of cobalt and nickel mineralisation

ASX & Media Release

ASX Symbol

Telephone

Email

Website

Directors

Issued Capital

RC drilling program results

Pamela West deposit[3]

Elsie South deposit[6]

Scandium results

Ongoing drilling at Goongarrie

Diamond and sonic drilling

For further information regarding Ardea, please visit www.ardearesources.com.au or contact:

Ardea Resources:

Compliance Statement (JORC 2012)

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

Appendix 1 – Collar location data

New drill holes by Ardea Resources

Appendix 2 – Assay results from Goongarrie South

Appendix 3 – Collated intercepts, Goongarrie South

Nickel, cobalt, and scandium intercepts from new drilling at Goongarrie South

Pamela West deposit[10]

Elsie South deposit[14]

6667680 mN section

Appendix 4 – JORC Code, 2012 Edition, Table 1 report

Section 1 Sampling Techniques and Data

Section 2 - Reporting of Exploration Results

More from ARDEA RESOURCES LIMITED

ARDEA RESOURCES LIMITED Capital/Financing Update 2018