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BARYS RESOURCES LIMITED — Capital/Financing Update 2013
Oct 3, 2013
64567_rns_2013-10-03_f3bcedb1-2d15-445d-85a7-2a7b04c8923c.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
EL ROBLE UNDERGROUND SAMPLING CONFIRMS HIGH GRADE COPPER MINERALISATION
4 OCTOBER 2013
Highlights
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Further underground and stockpile sampling at El Roble, Chile, confirms ultra-high grade copper mineralisation along strike and down dip, including:
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Stockpile sampling from ore mined from ore drive floor grading up to 29.02% Cu and 2.78g/t Au and 14.62% Cu and 2.00g/t
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0.7m @ 11.19% Cu and 0.13g/t Au (channel APCH00057)
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1.60m @ 5.76% Cu and 0.77g/t Au (channel APCH00020)
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3.20m @ 4.61% Cu and 0.22g/t Au including 1.00m @ 11.09% Cu and 0.58g/t Au (channel APCH00048)
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1.10m @ 4.37% Cu and 0.70 g/t Au
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Vein continuity and grade below surface confirmed
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Surface mapping confirms vein widths up to 12m
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Mineralised veins also contain significant amounts of iron, cobalt and molybdenum
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Ruben Godoy, former team leader of IOCG and porphyry exploration team for BHP in Chile and Columbia, appointed as Mining Group’s Chilean in country exploration manager and now on site leading exploration programme
Mining Group Limited (ASX: MNE) is pleased to announce that further mapping and sampling results have confirmed the presence of high grade copper mineralisation within IOCG style veins at the El Roble project in Chile, over which Mining Group has entered into an option to acquire.
Commenting on the new results, Mining Group Managing Director Zeffron Reeves said: “Given how long we have been on the ground at El Roble and the very small area we have looked at, these results are exceptional. They provide us with further evidence that the mapped vein system at El Roble is well mineralised below surface and highly continuous along strike.
“Importantly, and what really excites us about the substantial potential of this project, is that the adits (tunnels) we have accessed so far only cover a very small strike length on three separate veins which are all well mineralised. These adits have been developed by attempting to follow the vein sets, without the benefit of any sampling, drilling or systematic exploration.
Mineralisation, although continuous, occurs as lenses in pinch and swell style, strike extensive vein systems, with mapped widths varying from 10cm to over 12m. Having been developed from surface the bulk of the mapped adits have been installed in visibly leached rock (depleted in copper by weathering) with only the main operating faces at Descubridora and Veta Gruesa, and the thin lens at False Estaca having reached high grade unleached material. Current workings at Descubridora and Veta Gruesa have only just encountered the main high grade ore shoots which are now exposed in the floor (stockpile sampling).
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Results indicate that along strike and down dip of the currently operating areas, potential sources of high grade ore exist that may support a small scale mining operation, however further work is required.
The Descubridora vein ore is currently being extracted from the south western end of the adit and being shipped as direct smelter ore (grading >9% Cu). The current workings have only recently encountered the main oreshoot in the southwest of the mine and the high grade zone is well exposed in the floor and has narrowed in the backs. High grade ore sampled from the stockpiles has been sourced from the floor. So the potential from this vein is very promising. The vein has been mapped continuously along strike for over 3.5km.
The False Estaca vein varies in width from less than 10cm to just over 1m, but is well mineralised along the entire strike length of 80m. Overall sampling indicates the high grade lens within the False Estaca Vein has an average grade of 6.13% Cu and 0.44g/t Au with an average thickness of 0.50m (using a 1% copper cut-off) and is open to the east and down dip.
The Veta Guesa vein has been mapped and sampled within numerous adits, indicating mineralisation occurs over at least a 400 metres strike length (see Figure 6). The entire structure has been mapped on surface over 3km along strike. Best results from Veta Gruesa include 1.60m @ 5.76% Cu and 0.77g/t Au and 1.50m @ 3.64% Cu and 0.27g/t Au.
Mr Reeves commented: “There are more than five mine areas we still need to assess which are easily accessible at El Roble. This affords us low cost and timely exploration data whilst preparing for the drilling of further prospective targets along strike and down dip.
“We are now getting a better picture of the substantial potential at El Roble and these results indicate that the underground areas may have the potential for us to generate small scale production in the near to medium term. At Descubridora and Veta Gruesa, the tops of the main ore bodies have only just been encountered with the adits so they are looking really interesting and the outstanding grade of the ore stockpiles demonstrates the potential.
“We are also delighted with the appointment of Ruben Godoy as Mining Group’s Chilean in-country exploration manager. As the former team leader of IOCG and porphyry project generation for BHP in Chile and Columbia, he has extensive experience working in the region on similar style deposits including having been Chief Geologist at the Candelaria Project, one of the world’s premier IOCG deposits approximately 100 kilometres south of El Roble.
“We still have a lot of work to do before we make the decision to enter into production. However, given the project’s proximity to two toll treatment plants, the exceptionally high grades, and the already opened underground areas providing almost immediate sources of ore, things are looking positive. We know that the mineralisation extends well below the surface and our goal now is to find the wider zones by using mapping, geophysics and drilling” added Mr Reeves.
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Figure 1- El Roble Project area and regional geology. Yellow box delineates approximate position of map in Figure 3. Dotted red trend line depicts interpreted mineralising trend continuing under sand cover.
Stockpile Sampling
Mining Group has undertaken grade control sampling at the Descubridora and Veta Gruesa small scale mining operations in order to ascertain the grade and volumes of material being shipped to the nearby toll treatment plants and also to assist in the assessment of these areas for future mining by the Company.
At total of 5 samples were taken from various stockpiles, 4 from Descuburidora and 1 from Veta Gruesa. The stockpiles sampled at Descubridora were from ore mined directly from the ore drive floor as the drive intersects the top of a high grade oreshoot. Table 1 presents results from this sampling and estimated tonnage of each stockpile.
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| SampleID | Sample Weight (kg) |
**Type ** | Mine | Cu % | Au **ppm ** |
Co **ppm ** |
Fe % | Mo **ppm ** |
description |
|---|---|---|---|---|---|---|---|---|---|
| 1009818 | 6.81 | Stockpile | Descubridora | 9.58 | 1.97 | 950 | 18.90 | 190 | quartz,chalcocite and limonite |
| 1009819 | 6.19 | Stockpile | Descubridora | 29.02 | 2.78 | 180 | 20.60 | 200 | chalcocite/hematite |
| 1009820 | 6.56 | Stockpile | Descubridora | 14.62 | 2.00 | 890 | 20.90 | 210 | chalcocite |
| 1009821 | 6.68 | Stockpile | Descubridora | 6.20 | 1.50 | 1070 | 20.30 | 170 | leach ore stockpile |
| 1009825 | 6.03 | Stockpile | Veta Gruesa | 3.18 | 0.59 | 1170 | 29.00 | 1200 | limonite,chalcocite and Cu oxides |
Table 1 – Grab sampling results from ore mined from the floor of the Descubridora mine (samples 10098181009821) and Veta Gruesa mine (Sample 1009825) at the El Roble Project. Details on assay and sampling methodology presented in Appendix 2.
==> picture [401 x 301] intentionally omitted <==
Figure 2 – Descubridora Mine high grade stockpile sourced from mining of ore drive floor– Sample 100819 - 29.02% Cu and 2.78g/t Au
Underground mapping and sampling
Mining Group has begun to undertake systematic assessment of all accessible underground adits and workings across the El Roble project area. There is somewhere between 15 and 30 accessible underground adits across the property occurring over a 5km strike length, as well as 5 significant historic underground mines. These adits and mines have exploited copper bearing IOCG style veins with 9 strike extensive structures having been identified and numerous secondary structures having also been exploited on a small scale.
A majority of historic exploitation has occurred from surface to no more than 50m depth, and no commercial mining activity has taken place since the early 1900s. In the coming weeks Mining Group will continue to locate, survey, map and sample as many underground areas as possible to determine the best possible area to commence a small scale mining operation, utilising the local toll treatment plants for ore processing.
The first three areas the company has assessed are the currently active mines on the Descobridora and Veta Gruesa veins, and an abandoned adit on the False Estaca vein. The False Estaca vein is a secondary vein that
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branches off a major vein that has historically been exploited to over 300m depth demonstrating down dip continuity (see Figure 3).
Work carried out by Mining Group included detailed lithological, alteration and structural mapping of each adit. Detailed three dimensional surveying of the adits, overlying topography and sample locations, and across strike systematic channel sampling across the backs (roof) of the adits. Channels were located at approximately 10m spacing along strike with samples taken continuously within geological units and a total of 183 samples were taken.
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Figure 3 – Surface geology and location of the three underground adit systems mapped and sampled – Descubridora, Dalse Estaca and Veta Gruesa. Yellow circles delineate approximate position of underground areas that have been mapped, sampled and surveyed to date.
The average grade for all samples was 0.85% Cu, 0.17g/t Au, 807 ppm Co, 10.32% Fe and 212 ppm Mo from a total of 183 samples taken, with wallrock commonly mineralised between 0.50% and 1.00% Cu. A table of significant intercepts is presented in Table 1 below, and all assay results are presented in Appendix 2, with information on sampling and assaying methodology outlined in Appendix 2. Importantly channel sampling was taken across the backs of the drives and in all likelihood, given the dip of the orebody, did not represent the best sections of the ore that has been mined.
Descubridora
The Descubridora vein is currently being worked on a small scale by the current owner of the project. Underground workings consist of airleg drives approximately 3m wide and 3m high, installed along the strike of the mineralised vein and cover approximately 80m of strike length. In the north eastern end of the adit the vein pinches to approximately 10cm in width and at the south western end of the workings the vein has widened to over 3m of width exposed in the floor of the adit (see Figure 4). A diorite dyke crosscuts the vein within the mine workings.
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The vein is striking NE-SW and dips steeply (>80°) to the NW and has now been mapped on surface by Mining Group geologists over a strike length of 3.5km.
Sampling from ore mined from the floor of this adit has retuned high grade results of 29.02% Cu and 2.78g/t Au and 14.62% Cu at 2.00g/t. Best results returned from channel sampling in the southwest part of the adit include: 3.20m @ 4.61% Cu/ 0.22g/t Au, including 1.00m @11.09% Cu and 0.58g/t Au and 2.40m @ 3.86% Cu and 2.37g/t Au. It should be noted that these samples were taken from the backs (roof) where the high grade ore shoot is narrowed.
Geological mapping indicates that the vein is continuing to widen to the southwest and down dip with high grade ore exposed in the floor of the adit across the entire width of 3m. Wall rock alteration adjacent to the high grade vein is also well mineralised with all samples from the Descubridora mine averaging 1.44% Cu and 0.24g/t Au from 37 samples.
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Figure 4 – Left, Plan view of surveyed underground adits at the Descubridora vein showing mapped geology and channel sample locations and grades for copper and gold. Red circle indicates location of main high grade ore shoot being mined from the ore drive floor
False Estaca
The False Estaca vein is interpreted to be a secondary E-W trending splay structure propagating off the main Estaca vein. The installed (now abandoned) along strike adit is approximately 330 metres south of the Descubridora workings and follows the False Estaca vein over 80 metres along strike. The vein strikes E-W and dips moderately (approximately 65°) to the north.
Best results of 0.70m @ 11.19% Cu and 1.41g/t Au and 1.30m @ 6.01% Cu and 0.15g/t Au.
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A strongly mineralised alteration halo also exists around the high grade mineralisation and the average grade of all samples taken from the False Estaca Vein being 2.03% Cu and 0.33g/t Au from 21 samples.
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Figure 5 – Left- Plan view of surveyed underground adits at the False Estaca vein showing mapped geology and channel sample locations and grades for copper and gold.
Veta Gruesa
Within Adit 4, a high grade lens has been intercepted by the current underground workings and direct smelter ore (>9% grading) is being extracted. The Veta Gruesa vein dips approximately 70° towards the north and ranges in thickness from 0.50 metres to over 4 metres.
The wall rock alteration was also well mineralised with the average grade being 0.57% Cu and 0.13g/t Au from a total of 139 samples collected.
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==> picture [429 x 269] intentionally omitted <==
Figure 6– Location map of Veta Gruesa underground adits occurring over 400m strike length. VG Adit 4 is shown in Figure 6.
==> picture [379 x 291] intentionally omitted <==
Figure 7– Left, Plan view of surveyed underground adit 4 at the Veta Gruesa vein showing mapped backs (roof) geology and channel sample locations and grades for copper and gold. Red circle indicates location of main high grade ore shoot with arrow indicating direction of mining , main ore shoot is exposed in the floor the full width of the drive. Sample 1009825 – 3.18% Cu, 0.59g/t Au was taken from blasted rock from the floor in this area.
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High grade copper mineralisation confirmed with the potential for small scale mining
Underground sampling has been carried out in 3 of more than 7 small scale underground adit systems identified on the project area have confirmed the presence of high grade copper mineralisation with the potential for small scale mining.
Results indicate that along strike and down dip of the currently operating areas, potential sources of high grade ore exist that may support a small scale mining operation, however further work is required.
For further information please contact: Zeffron Reeves Managing Director [email protected] P: + 61 8 9322 6424
Investors
Ronn Bechler Market Eye [email protected] P: +61-400 009 774
About Mining Group Limited
Mining Group Limited (ASX: MNE) is an ASX listed, Australian based exploration company established to explore, evaluate and acquire commercially significant resource projects in Australia and overseas.
Mining Group seeks to develop the Comval Copper Gold Project in the Philippines and near term production at the Chilean copper project El Roble. Further, it continues to evaluate the prospective Western Australian based Boorara, Teutonic and Lake Christopher Projects.
Mining Group has a strong Board and management team with considerable technical, commercial and corporate experience in the resources sector.
For more information visit the Mining Group website at www.mininggroup.net.au
The information in this report that relates to Exploration Results is based on information compiled by Mr Zeffron Reeves (B App Sc (Hons) (Applied Geology) MBA, MAIG), a member of the Australian Institute of Geoscientists and is an employee of the Company. Mr Reeves has sufficient experience that 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. Mr Reeves consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.
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| Channel_ID | ADIT | Vein | EAST | NORTH | RL | From (m) |
To (m) |
Interval | Cu% | Au **ppm ** |
Co **ppm ** |
Fe % |
Mo **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APCH00009 | ADIT-1 | Veta Gruesa | 344417.80 | 7007070.04 | 931.61 | 1.10 | 2.10 | 1.00 | 1.97 | 0.22 | 240 | 32.50 | 790 |
| APCH00014 | ADIT-1 | Veta Gruesa | 344410.96 | 7007065.23 | 930.48 | 1.20 | 2.80 | 1.60 | 1.83 | 0.25 | 1140 | 32.30 | 350 |
| APCH00013 | ADIT-1 | Veta Gruesa | 344390.36 | 7007083.75 | 925.17 | 0.60 | 1.00 | 0.40 | 1.73 | 0.54 | 490 | 32.70 | 890 |
| APCH00012 | ADIT-1 | Veta Gruesa | 344393.55 | 7007083.15 | 929.41 | 0.80 | 1.20 | 0.40 | 1.63 | 0.44 | 320 | 41.90 | 420 |
| APCH00007 | ADIT-1 | Veta Gruesa | 344429.28 | 7007072.61 | 935.12 | 0.00 | 3.30 | 3.30 | 1.58 | 0.07 | 286 | 20.10 | 151 |
| APCH00008 | ADIT-1 | Veta Gruesa | 344418.68 | 7007076.89 | 935.29 | 1.20 | 1.60 | 0.40 | 1.17 | 0.21 | 190 | 23.50 | 320 |
| APCH00006 | ADIT-1 | Veta Gruesa | 344433.45 | 7007076.20 | 935.60 | NSI | |||||||
| APCH00010 | ADIT-1 | Veta Gruesa | 344408.64 | 7007082.62 | 931.01 | NSI | |||||||
| APCH00011 | ADIT-1 | Veta Gruesa | 344402.67 | 7007086.11 | 929.52 | NSI | |||||||
| APCH00015 | ADIT-1 | Veta Gruesa | 344403.75 | 7007063.14 | 928.38 | NSI | |||||||
| APCH00020 | ADIT-2 | Veta Gruesa | 343872.73 | 7006965.70 | 939.38 | 1.40 | 3.00 | 1.60 | 5.76 | 0.77 | 17900 | 8.15 | 160 |
| APCH00018 | ADIT-2 | Veta Gruesa | 343895.43 | 7006967.21 | 944.15 | 1.20 | 3.20 | 2.00 | 1.83 | 0.25 | 1310 | 12.85 | 120 |
| APCH00017 | ADIT-2 | Veta Gruesa | 343901.15 | 7006966.01 | 944.05 | 1.90 | 3.70 | 1.80 | 1.20 | 0.18 | 3470 | 18.10 | 380 |
| APCH00025 | ADIT-2 | Veta Gruesa | 343823.23 | 7006968.03 | 929.63 | 1.20 | 2.40 | 1.20 | 1.10 | 0.08 | 2170 | 6.88 | 90 |
| APCH00016 | ADIT-2 | Veta Gruesa | 343911.73 | 7006968.32 | 943.81 | NSI | |||||||
| APCH00019 | ADIT-2 | Veta Gruesa | 343879.13 | 7006968.25 | 941.19 | NSI | |||||||
| APCH00021 | ADIT-2 | Veta Gruesa | 343860.20 | 7006969.66 | 937.59 | NSI | |||||||
| APCH00022 | ADIT-2 | Veta Gruesa | 343851.56 | 7006970.21 | 935.29 | NSI | |||||||
| APCH00023 | ADIT-2 | Veta Gruesa | 343842.65 | 7006970.20 | 933.31 | NSI | |||||||
| APCH00024 | ADIT-2 | Veta Gruesa | 343833.32 | 7006971.18 | 931.28 | NSI | |||||||
| APCH00026 | ADIT-2 | Veta Gruesa | 343813.71 | 7006967.27 | 926.97 | NSI | |||||||
| APCH00027 | ADIT-2 | Veta Gruesa | 343804.37 | 7006971.14 | 924.68 | NSI | |||||||
| APCH00028 | ADIT-2 | Veta Gruesa | 343913.65 | 7006971.67 | 937.33 | NSI | |||||||
| APCH00029 | ADIT-2 | Veta Gruesa | 343899.04 | 7006973.97 | 933.91 | NSI | |||||||
| APCH00032 | ADIT-3 | Veta Gruesa | 344485.67 | 7007108.05 | 904.76 | 0.80 | 2.30 | 1.50 | 3.64 | 0.27 | 1950 | 13.30 | 400 |
| APCH00031 | ADIT-3 | Veta Gruesa | 344495.58 | 7007107.19 | 905.99 | 1.00 | 3.20 | 2.20 | 1.59 | 0.43 | 860 | 10.65 | 800 |
| APCH00030 | ADIT-3 | Veta Gruesa | 344505.86 | 7007108.07 | 907.42 | NSI | |||||||
| APCH00033 | ADIT-3 | Veta Gruesa | 344477.91 | 7007110.51 | 904.14 | NSI | |||||||
| APCH00034 | ADIT-3 | Veta Gruesa | 344468.16 | 7007112.27 | 902.60 | NSI | |||||||
| APCH00035 | ADIT-3 | Veta Gruesa | 344458.31 | 7007111.56 | 902.03 | NSI | |||||||
| APCH00036 | ADIT-3 | Veta Gruesa | 344452.08 | 7007113.05 | 898.74 | NSI | |||||||
| APCH00037 | ADIT-3 | Veta Gruesa | 344442.33 | 7007112.20 | 898.90 | NSI | |||||||
| APCH00043 | ADIT-4 | Veta Gruesa | 344227.47 | 7007027.98 | 910.84 | 1.00 | 2.40 | 1.40 | 3.37 | 0.20 | 1030 | 42.80 | 480 |
| APCH00044 | ADIT-4 | Veta Gruesa | 344242.51 | 7007033.74 | 909.65 | 1.80 | 3.30 | 1.50 | 2.04 | 0.20 | 720 | 30.70 | 920 |
| APCH00038 | ADIT-4 | Veta Gruesa | 344242.35 | 7007021.42 | 924.83 | 1.10 | 2.10 | 1.00 | 1.75 | 0.20 | 360 | 10.60 | 730 |
| APCH00042 | ADIT-4 | Veta Gruesa | 344218.02 | 7007024.99 | 910.36 | 1.50 | 3.90 | 2.40 | 1.50 | 0.25 | 310 | 14.35 | 520 |
| APCH00039 | ADIT-4 | Veta Gruesa | 344232.76 | 7007023.76 | 922.65 | NSI | |||||||
| APCH00040 | ADIT-4 | Veta Gruesa | 344225.66 | 7007023.31 | 920.35 | NSI | |||||||
| APCH00041 | ADIT-4 | Veta Gruesa | 344211.06 | 7007023.20 | 917.31 | NSI | |||||||
| APCH00046 | ADIT-5 | Veta Gruesa | 344289.23 | 7007028.00 | 940.01 | 0.00 | 4.60 | 4.60 | 0.99 | 0.22 | 285 | 15.80 | 321 |
| APCH00045 | ADIT-5 | Veta Gruesa | 344322.20 | 7007028.81 | 938.33 | NSI | |||||||
| APCH00048 | ADIT-6 | Descubridora | 343581.04 | 7007909.90 | 889.09 | 0.00 | 3.20 | 3.20 | 4.61 | 0.22 | 266 | 7.02 | 20 |
| APCH00047 | ADIT-6 | Descubridora | 343568.16 | 7007903.52 | 891.25 | 0.00 | 2.00 | 2.00 | 2.50 | 1.29 | 495 | 18.43 | 102 |
| APCH00051 | ADIT-6 | Descubridora | 343597.96 | 7007927.39 | 895.80 | 0.60 | 2.90 | 2.30 | 2.06 | 0.49 | 285 | 6.78 | 18 |
| APCH00050 | ADIT-6 | Descubridora | 343592.81 | 7007921.64 | 894.26 | 0.80 | 2.90 | 2.10 | 1.21 | 0.27 | 160 | 9.00 | 44 |
| APCH00049 | ADIT-6 | Descubridora | 343595.23 | 7007912.28 | 892.37 | 0.00 | 1.70 | 1.70 | 1.08 | 0.02 | 130 | 3.41 | 5 |
| APCH00059 | ADIT-6 | Descubridora | 343610.42 | 7007936.52 | 894.40 | NSI | |||||||
| APCH00060 | ADIT-6 | Descubridora | 343616.05 | 7007941.12 | 892.57 | NSI | |||||||
| APCH00061 | ADIT-6 | Descubridora | 343623.30 | 7007945.45 | 890.99 | NSI | |||||||
| APCH00057 | ADIT-7 | FalseEstaca | 343703.80 | 7007609.76 | 965.39 | 0.80 | 1.50 | 0.70 | 11.19 | 0.13 | 1330 | 0.01 | 5 |
| APCH00052 | ADIT-7 | FalseEstaca | 343747.29 | 7007618.58 | 957.97 | 1.00 | 1.40 | 0.40 | 7.44 | 0.99 | 1410 | 8.16 | 10 |
| APCH00056 | ADIT-7 | FalseEstaca | 343710.93 | 7007611.04 | 964.36 | 1.00 | 1.30 | 0.30 | 6.01 | 0.15 | 600 | 0.02 | 4 |
| APCH00054 | ADIT-7 | FalseEstaca | 343731.59 | 7007613.92 | 961.03 | 0.90 | 1.30 | 0.40 | 2.97 | 0.69 | 3280 | 11.55 | 90 |
| APCH00053 | ADIT-7 | FalseEstaca | 343740.40 | 7007616.03 | 959.07 | 0.90 | 1.30 | 0.40 | 2.74 | 0.31 | 920 | 10.30 | 70 |
| APCH00055 | ADIT-7 | FalseEstaca | 343720.99 | 7007612.50 | 963.43 | 0.90 | 1.30 | 0.40 | 2.58 | 0.57 | 2102 | 9.42 | 45 |
| APCH00058 | ADIT-7 | FalseEstaca | 343693.34 | 7007606.80 | 967.21 | NSI | |||||||
| APCH00062 | ADIT-8 | Veta Gruesa | 344318.87 | 7007024.43 | 947.20 | NSI | |||||||
| APCH00063 | ADIT-8 | Veta Gruesa | 344328.68 | 7007027.85 | 947.10 | NSI | |||||||
| APCH00064 | ADIT-8 | Veta Gruesa | 344344.98 | 7007036.55 | 947.00 | NSI | |||||||
| APCH00065 | ADIT-3 | Veta Gruesa | NSI | ||||||||||
| APCH00066 | ADIT-7 | Descubridora | 1.50 | 3.20 | 1.70 | 1.41 | 0.88 | 3269 | 12.64 | 151 | |||
| APCH00067 | ADIT-7 | Descubridora | 1.10 | 3.50 | 2.40 | 3.86 | 2.37 | 763 | 18.77 | 120 | |||
| APCH00068 | ADIT-7 | Descubridora | 0.00 | 3.00 | 3.00 | 0.98 | 2.40 | 1893 | 12.64 | 158 | |||
| APCH00069 | ADIT-4 | Veta Gruesa | NSI |
Table 2 – Significant intercept table for all underground channel samples. Significant intervals calculated using weighted average, 1% Cu cut off and 0.25m internal dilution. Widths reported are channel widths and NOT vein thickness.
Appendix 1
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Sample table for all samples taken from underground adits.
| VEIN | ADIT | Channel_ID | SAMPLE_ID | EAST | NORTH | LEVEL | From | To | Cu% | Au **ppm ** |
Co **ppm ** |
Fe % | Mo **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Veta Gruesa | ADIT-1 | APCH00006 | ACPCH000070 | 344433.45 | 7007076.20 | 935.60 | 0.0 | 2.6 | 0.27 | 0.02 | 110 | 12.65 | 50 |
| Veta Gruesa | ADIT-1 | APCH00006 | ACPCH000071 | 344433.85 | 7007074.69 | 936.61 | 2.6 | 3.0 | 0.25 | 0.05 | 100 | 9.67 | 70 |
| Veta Gruesa | ADIT-1 | APCH00006 | ACPCH000072 | 344434.16 | 7007073.61 | 935.58 | 3.0 | 4.8 | 0.31 | 0.01 | 110 | 3.99 | 5 |
| Veta Gruesa | ADIT-1 | APCH00007 | ACPCH000073 | 344428.38 | 7007075.82 | 935.03 | 0.0 | 1.5 | 1.46 | 0.04 | 150 | 9.07 | 20 |
| Veta Gruesa | ADIT-1 | APCH00007 | ACPCH000074 | 344428.66 | 7007074.27 | 936.01 | 1.5 | 3.3 | 1.68 | 0.10 | 400 | 29.30 | 260 |
| Veta Gruesa | ADIT-1 | APCH00007 | ACPCH000075 | 344429.28 | 7007072.61 | 935.12 | 3.3 | 5.1 | 0.61 | 0.10 | 110 | 4.44 | 5 |
| Veta Gruesa | ADIT-1 | APCH00008 | ACPCH000076 | 344419.05 | 7007077.69 | 933.55 | 0.0 | 1.2 | 0.16 | 0.01 | 40 | 4.85 | 5 |
| Veta Gruesa | ADIT-1 | APCH00008 | ACPCH000077 | 344418.88 | 7007077.83 | 934.69 | 1.2 | 1.6 | 1.17 | 0.21 | 190 | 23.50 | 320 |
| Veta Gruesa | ADIT-1 | APCH00008 | ACPCH000078 | 344418.68 | 7007076.89 | 935.29 | 1.6 | 2.4 | 0.18 | 0.01 | 30 | 5.65 | 30 |
| Veta Gruesa | ADIT-1 | APCH00008 | ACPCH000079 | 344418.16 | 7007074.86 | 935.31 | 2.4 | 5.3 | 0.89 | 0.04 | 430 | 18.45 | 320 |
| Veta Gruesa | ADIT-1 | APCH00009 | ACPCH000080 | 344417.87 | 7007071.40 | 933.49 | 0.0 | 1.1 | 0.58 | 0.06 | 80 | 6.61 | 5 |
| Veta Gruesa | ADIT-1 | APCH00009 | ACPCH000081 | 344417.75 | 7007070.30 | 932.67 | 1.1 | 2.1 | 1.97 | 0.22 | 240 | 32.50 | 790 |
| Veta Gruesa | ADIT-1 | APCH00009 | ACPCH000082 | 344417.80 | 7007070.04 | 931.61 | 2.1 | 2.6 | 0.20 | 0.03 | 60 | 5.48 | 5 |
| Veta Gruesa | ADIT-1 | APCH00010 | ACPCH000083 | 344408.64 | 7007082.62 | 931.01 | 0.0 | 0.6 | 0.22 | 0.06 | <10 | 11.75 | 1120 |
| Veta Gruesa | ADIT-1 | APCH00010 | ACPCH000084 | 344408.52 | 7007082.71 | 931.50 | 0.6 | 1.2 | 0.82 | 0.29 | 50 | 39.60 | 790 |
| Veta Gruesa | ADIT-1 | APCH00010 | ACPCH000085 | 344408.42 | 7007082.76 | 932.30 | 1.2 | 2.1 | 0.11 | 0.10 | 10 | 3.55 | 50 |
| Veta Gruesa | ADIT-1 | APCH00010 | ACPCH000086 | 344408.46 | 7007082.84 | 933.29 | 2.1 | 3.0 | 0.81 | 1.39 | 10 | 32.00 | 1140 |
| Veta Gruesa | ADIT-1 | APCH00010 | ACPCH000087 | 344408.16 | 7007082.63 | 934.02 | 3.0 | 3.7 | 0.12 | 0.01 | 10 | 3.50 | 10 |
| Veta Gruesa | ADIT-1 | APCH00011 | ACPCH000088 | 344402.67 | 7007086.11 | 929.52 | 0.0 | 0.5 | 0.27 | 0.06 | 20 | 3.26 | 50 |
| Veta Gruesa | ADIT-1 | APCH00011 | ACPCH000089 | 344402.65 | 7007086.32 | 929.82 | 0.5 | 0.7 | 0.96 | 0.55 | 70 | 34.20 | 960 |
| Veta Gruesa | ADIT-1 | APCH00011 | ACPCH000090 | 344402.51 | 7007086.46 | 930.40 | 0.7 | 1.6 | 0.13 | 0.01 | 10 | 2.99 | 5 |
| Veta Gruesa | ADIT-1 | APCH00012 | ACPCH000091 | 344393.71 | 7007083.38 | 928.26 | 0.0 | 0.8 | 0.32 | 0.02 | 50 | 4.99 | 10 |
| Veta Gruesa | ADIT-1 | APCH00012 | ACPCH000092 | 344393.64 | 7007083.34 | 928.83 | 0.8 | 1.2 | 1.63 | 0.44 | 320 | 41.90 | 420 |
| Veta Gruesa | ADIT-1 | APCH00012 | ACPCH000093 | 344393.55 | 7007083.15 | 929.41 | 1.2 | 1.9 | 0.35 | 0.02 | 80 | 4.35 | 5 |
| Veta Gruesa | ADIT-1 | APCH00013 | ACPCH000094 | 344389.32 | 7007082.23 | 926.25 | 0.0 | 0.6 | 0.15 | 0.03 | 90 | 5.50 | 20 |
| Veta Gruesa | ADIT-1 | APCH00013 | ACPCH000095 | 344390.36 | 7007083.75 | 925.17 | 0.6 | 1.0 | 1.73 | 0.54 | 490 | 32.70 | 890 |
| Veta Gruesa | ADIT-1 | APCH00014 | ACPCH000096 | 344408.98 | 7007066.40 | 930.43 | 0.0 | 1.2 | 0.08 | 0.02 | 160 | 7.93 | 30 |
| Veta Gruesa | ADIT-1 | APCH00014 | ACPCH000097 | 344409.92 | 7007065.57 | 930.82 | 1.2 | 2.8 | 1.83 | 0.25 | 1140 | 32.30 | 350 |
| Veta Gruesa | ADIT-1 | APCH00014 | ACPCH000098 | 344410.96 | 7007065.23 | 930.48 | 2.8 | 3.5 | 0.91 | 0.19 | 2080 | 19.10 | 110 |
| Veta Gruesa | ADIT-1 | APCH00015 | ACPCH000099 | 344403.75 | 7007063.14 | 928.38 | 0.0 | 0.6 | 0.84 | 0.09 | 220 | 18.25 | 400 |
| Veta Gruesa | ADIT-1 | APCH00015 | ACPCH000100 | 344403.43 | 7007062.15 | 928.12 | 0.6 | 1.4 | 0.33 | 0.04 | 170 | 23.00 | 170 |
| Veta Gruesa | ADIT-1 | APCH00015 | ACPCH000101 | 344403.79 | 7007061.48 | 927.90 | 1.4 | 2.1 | 0.07 | 0.03 | 180 | 5.19 | 10 |
| Veta Gruesa | ADIT-2 | APCH00016 | ACPCH000102 | 343911.73 | 7006968.32 | 943.81 | 0.0 | 0.7 | 0.11 | 0.02 | 430 | 4.04 | 20 |
| Veta Gruesa | ADIT-2 | APCH00016 | ACPCH000103 | 343911.65 | 7006967.29 | 944.73 | 0.7 | 1.7 | 0.15 | 0.05 | 630 | 2.66 | 100 |
| Veta Gruesa | ADIT-2 | APCH00016 | ACPCH000104 | 343911.51 | 7006966.39 | 944.00 | 1.7 | 2.9 | 0.09 | 0.02 | 2530 | 2.82 | 60 |
| Veta Gruesa | ADIT-2 | APCH00017 | ACPCH000105 | 343902.67 | 7006969.62 | 945.15 | 0.0 | 1.0 | 0.11 | 0.01 | 950 | 4.63 | 5 |
| Veta Gruesa | ADIT-2 | APCH00017 | ACPCH000106 | 343901.02 | 7006969.00 | 945.66 | 1.0 | 1.9 | 0.27 | 0.03 | 830 | 10.20 | 20 |
| Veta Gruesa | ADIT-2 | APCH00017 | ACPCH000107 | 343900.51 | 7006967.52 | 945.04 | 1.9 | 3.7 | 1.20 | 0.18 | 3470 | 18.10 | 380 |
| Veta Gruesa | ADIT-2 | APCH00017 | ACPCH000108 | 343901.15 | 7006966.01 | 944.05 | 3.7 | 4.0 | 0.08 | 0.01 | 1760 | 1.49 | 20 |
| Veta Gruesa | ADIT-2 | APCH00018 | ACPCH000109 | 343892.04 | 7006971.10 | 943.03 | 0.0 | 1.2 | 0.02 | <0.005 | 110 | 3.58 | 5 |
| Veta Gruesa | ADIT-2 | APCH00018 | ACPCH000110 | 343893.98 | 7006969.36 | 944.08 | 1.2 | 3.2 | 1.83 | 0.25 | 1310 | 12.85 | 120 |
| Veta Gruesa | ADIT-2 | APCH00018 | ACPCH000111 | 343895.43 | 7006967.21 | 944.15 | 3.2 | 4.4 | 0.20 | 0.05 | 900 | 4.36 | 120 |
| Veta Gruesa | ADIT-2 | APCH00019 | ACPCH000112 | 343879.13 | 7006968.25 | 941.19 | 0.0 | 1.3 | 0.02 | <0.005 | 360 | 4.56 | 5 |
| Veta Gruesa | ADIT-2 | APCH00019 | ACPCH000113 | 343879.63 | 7006967.07 | 941.43 | 1.3 | 2.8 | 0.75 | 0.03 | 3090 | 8.16 | 40 |
| Veta Gruesa | ADIT-2 | APCH00019 | ACPCH000114 | 343880.10 | 7006966.31 | 940.75 | 2.8 | 3.7 | 0.37 | 0.13 | 6370 | 11.50 | 1120 |
| Veta Gruesa | ADIT-2 | APCH00020 | ACPCH000115 | 343871.52 | 7006967.47 | 940.01 | 0.0 | 1.4 | 0.75 | 0.28 | 1060 | 15.25 | 210 |
| Veta Gruesa | ADIT-2 | APCH00020 | ACPCH000116 | 343872.22 | 7006966.21 | 940.13 | 1.4 | 3.0 | 5.76 | 0.77 | 17900 | 8.15 | 160 |
| Veta Gruesa | ADIT-2 | APCH00020 | ACPCH000117 | 343872.73 | 7006965.70 | 939.38 | 3.0 | 3.5 | 0.22 | 0.06 | 11600 | 7.66 | 160 |
| Veta Gruesa | ADIT-2 | APCH00021 | ACPCH000118 | 343860.20 | 7006969.66 | 937.59 | 0.0 | 1.0 | 0.17 | 0.01 | 140 | 4.53 | 10 |
| Veta Gruesa | ADIT-2 | APCH00021 | ACPCH000119 | 343859.69 | 7006968.50 | 937.45 | 1.0 | 3.2 | 0.10 | 0.05 | 190 | 5.67 | 60 |
| Veta Gruesa | ADIT-2 | APCH00021 | ACPCH000120 | 343859.87 | 7006967.54 | 936.83 | 3.2 | 4.2 | 0.12 | 0.05 | 980 | 4.29 | 140 |
| Veta Gruesa | ADIT-2 | APCH00022 | ACPCH000121 | 343851.56 | 7006970.21 | 935.29 | 0.0 | 1.2 | 0.01 | <0.005 | 130 | 3.06 | 5 |
| Veta Gruesa | ADIT-2 | APCH00022 | ACPCH000122 | 343851.28 | 7006969.24 | 936.15 | 1.2 | 1.7 | 0.58 | 0.98 | 2410 | 22.10 | 230 |
| Veta Gruesa | ADIT-2 | APCH00022 | ACPCH000123 | 343851.46 | 7006968.39 | 935.84 | 1.7 | 2.9 | 0.38 | 0.03 | 1780 | 4.99 | 40 |
| Veta Gruesa | ADIT-2 | APCH00022 | ACPCH000124 | 343851.76 | 7006967.59 | 935.51 | 2.9 | 3.9 | 0.52 | 0.07 | 920 | 5.64 | 280 |
| Veta Gruesa | ADIT-2 | APCH00022 | ACPCH000125 | 343851.94 | 7006967.41 | 935.07 | 3.9 | 4.7 | 0.17 | 0.03 | 720 | 2.91 | 150 |
| Veta Gruesa | ADIT-2 | APCH00023 | ACPCH000126 | 343842.65 | 7006970.20 | 933.31 | 0.0 | 1.0 | 0.01 | 0.01 | 90 | 4.14 | 5 |
| Veta Gruesa | ADIT-2 | APCH00023 | ACPCH000127 | 343842.31 | 7006968.89 | 933.88 | 1.0 | 2.4 | 0.01 | <0.005 | 30 | 2.20 | 5 |
| Veta Gruesa | ADIT-2 | APCH00023 | ACPCH000128 | 343842.53 | 7006967.69 | 933.49 | 2.4 | 3.3 | 0.24 | 0.02 | 160 | 4.03 | 80 |
| Veta Gruesa | ADIT-2 | APCH00023 | ACPCH000129 | 343842.72 | 7006967.33 | 932.84 | 3.3 | 3.9 | 0.37 | 0.17 | 350 | 6.81 | 90 |
| Veta Gruesa | ADIT-2 | APCH00024 | ACPCH000130 | 343833.32 | 7006971.18 | 931.28 | 0.0 | 2.4 | 0.02 | 0.01 | 20 | 4.71 | 5 |
| Veta Gruesa | ADIT-2 | APCH00024 | ACPCH000131 | 343833.58 | 7006969.43 | 931.67 | 2.4 | 3.8 | 0.07 | 0.10 | 480 | 7.07 | 180 |
| Veta Gruesa | ADIT-2 | APCH00024 | ACPCH000132 | 343834.01 | 7006968.31 | 931.09 | 3.8 | 4.9 | 0.02 | <0.005 | 20 | 5.58 | 5 |
| Veta Gruesa | ADIT-2 | APCH00025 | ACPCH000133 | 343823.41 | 7006969.99 | 929.80 | 0.0 | 1.2 | 0.07 | 0.01 | 280 | 4.37 | 5 |
| Veta Gruesa | ADIT-2 | APCH00025 | ACPCH000134 | 343823.29 | 7006968.76 | 930.32 | 1.2 | 2.4 | 1.10 | 0.08 | 2170 | 6.88 | 90 |
| Veta Gruesa | ADIT-2 | APCH00025 | ACPCH000135 | 343823.23 | 7006968.03 | 929.63 | 2.4 | 2.8 | 0.06 | 0.01 | 640 | 4.28 | 5 |
| Veta Gruesa | ADIT-2 | APCH00026 | ACPCH000136 | 343813.23 | 7006970.39 | 927.76 | 0.0 | 2.3 | 0.05 | 0.01 | 1260 | 6.38 | 5 |
| VEIN | ADIT | Channel_ID | SAMPLE_ID | EAST | NORTH | LEVEL | From | To | Cu% | Au **ppm ** |
Co **ppm ** |
Fe % | Mo **ppm ** |
11
| Veta Gruesa | ADIT-2 | APCH00026 | ACPCH000137 | 343813.40 | 7006968.58 | 927.91 | 2.3 | 3.7 | 0.40 | 0.03 | 960 | 6.99 | 180 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Veta Gruesa | ADIT-2 | APCH00026 | ACPCH000138 | 343813.71 | 7006967.27 | 926.97 | 3.7 | 4.5 | 0.17 | 0.03 | 140 | 5.06 | 40 |
| Veta Gruesa | ADIT-2 | APCH00027 | ACPCH000139 | 343804.37 | 7006971.14 | 924.68 | 0.0 | 0.4 | 0.53 | <0.005 | 1410 | 3.01 | 30 |
| Veta Gruesa | ADIT-2 | APCH00027 | ACPCH000140 | 343803.99 | 7006969.54 | 925.16 | 0.4 | 2.6 | 0.89 | 0.13 | 1260 | 9.62 | 400 |
| Veta Gruesa | ADIT-2 | APCH00027 | ACPCH000141 | 343804.49 | 7006967.98 | 925.31 | 2.6 | 4.0 | 0.06 | 0.01 | 20 | 4.30 | 5 |
| Veta Gruesa | ADIT-2 | APCH00028 | ACPCH000142 | 343913.65 | 7006971.67 | 937.33 | 0.0 | 0.5 | 0.01 | <0.005 | 90 | 3.07 | 40 |
| Veta Gruesa | ADIT-2 | APCH00028 | ACPCH000143 | 343913.65 | 7006971.38 | 936.99 | 0.5 | 0.8 | 0.07 | 0.02 | 220 | 3.95 | 160 |
| Veta Gruesa | ADIT-2 | APCH00028 | ACPCH000144 | 343913.63 | 7006971.38 | 936.32 | 0.8 | 1.8 | 0.01 | 0.01 | 130 | 4.36 | 140 |
| Veta Gruesa | ADIT-2 | APCH00029 | ACPCH000145 | 343899.04 | 7006973.97 | 933.91 | 0.0 | 0.7 | 0.44 | 0.18 | 280 | 8.20 | 2240 |
| Veta Gruesa | ADIT-2 | APCH00029 | ACPCH000146 | 343898.80 | 7006973.07 | 933.68 | 0.7 | 1.6 | 0.01 | <0.005 | 20 | 4.84 | 5 |
| Veta Gruesa | ADIT-2 | APCH00029 | ACPCH000147 | 343899.37 | 7006972.24 | 933.75 | 1.6 | 2.5 | 0.58 | 0.04 | 280 | 11.30 | 710 |
| Veta Gruesa | ADIT-3 | APCH00030 | ACPCH000148 | 344505.86 | 7007108.07 | 907.42 | 0.0 | 1.0 | 0.39 | 0.14 | 330 | 7.41 | 50 |
| Veta Gruesa | ADIT-3 | APCH00030 | ACPCH000149 | 344504.57 | 7007106.59 | 907.97 | 1.0 | 4.3 | 1.42 | 0.15 | 700 | 14.00 | 520 |
| Veta Gruesa | ADIT-3 | APCH00030 | ACPCH000150 | 344504.07 | 7007104.85 | 907.44 | 4.3 | 5.8 | 0.62 | 0.04 | 100 | 6.44 | 80 |
| Veta Gruesa | ADIT-3 | APCH00031 | ACPCH000151 | 344495.49 | 7007109.84 | 906.61 | 0.0 | 1.0 | 0.04 | 0.01 | 30 | 4.78 | 5 |
| Veta Gruesa | ADIT-3 | APCH00031 | ACPCH000152 | 344495.51 | 7007108.35 | 906.84 | 1.0 | 3.2 | 1.59 | 0.43 | 860 | 10.65 | 800 |
| Veta Gruesa | ADIT-3 | APCH00031 | ACPCH000153 | 344495.58 | 7007107.19 | 905.99 | 3.2 | 4.1 | 0.31 | 0.03 | 270 | 3.60 | 20 |
| Veta Gruesa | ADIT-3 | APCH00032 | ACPCH000154 | 344485.68 | 7007110.28 | 904.81 | 0.0 | 0.8 | 0.48 | 0.05 | 140 | 5.10 | 5 |
| Veta Gruesa | ADIT-3 | APCH00032 | ACPCH000155 | 344485.63 | 7007109.07 | 905.25 | 0.8 | 2.3 | 3.64 | 0.27 | 1950 | 13.30 | 400 |
| Veta Gruesa | ADIT-3 | APCH00032 | ACPCH000156 | 344485.67 | 7007108.05 | 904.76 | 2.3 | 2.7 | 0.54 | 0.03 | 410 | 3.21 | 50 |
| Veta Gruesa | ADIT-3 | APCH00033 | ACPCH000157 | 344477.91 | 7007110.51 | 904.14 | 0.0 | 0.7 | 0.59 | 0.02 | 650 | 10.30 | 90 |
| Veta Gruesa | ADIT-3 | APCH00033 | ACPCH000158 | 344477.72 | 7007109.42 | 904.46 | 0.7 | 2.5 | 0.98 | 0.14 | 1230 | 15.25 | 590 |
| Veta Gruesa | ADIT-3 | APCH00033 | ACPCH000159 | 344477.74 | 7007108.65 | 903.85 | 2.5 | 3.6 | 0.47 | 0.03 | 370 | 5.35 | 20 |
| Veta Gruesa | ADIT-3 | APCH00034 | ACPCH000160 | 344468.16 | 7007112.27 | 902.60 | 0.0 | 0.7 | 0.24 | 0.01 | 90 | 6.94 | 60 |
| Veta Gruesa | ADIT-3 | APCH00034 | ACPCH000161 | 344467.69 | 7007111.15 | 902.84 | 0.7 | 2.4 | 0.49 | 0.05 | 250 | 33.50 | 1440 |
| Veta Gruesa | ADIT-3 | APCH00034 | ACPCH000162 | 344467.36 | 7007110.16 | 902.29 | 2.4 | 3.4 | 0.05 | 0.01 | 30 | 4.49 | 5 |
| Veta Gruesa | ADIT-3 | APCH00035 | ACPCH000163 | 344458.31 | 7007111.56 | 902.03 | 0.0 | 1.0 | 0.22 | 0.01 | 40 | 7.52 | 160 |
| Veta Gruesa | ADIT-3 | APCH00035 | ACPCH000164 | 344457.94 | 7007110.75 | 902.08 | 1.0 | 1.9 | 0.81 | 0.35 | 40 | 45.10 | 1450 |
| Veta Gruesa | ADIT-3 | APCH00035 | ACPCH000165 | 344457.88 | 7007109.97 | 901.82 | 1.9 | 2.4 | 0.36 | 0.04 | 50 | 7.47 | 90 |
| Veta Gruesa | ADIT-3 | APCH00036 | ACPCH000166 | 344452.08 | 7007113.05 | 898.74 | 0.0 | 0.4 | 0.62 | 0.02 | 20 | 5.41 | 180 |
| Veta Gruesa | ADIT-3 | APCH00036 | ACPCH000167 | 344451.86 | 7007113.13 | 899.48 | 0.4 | 1.5 | 0.89 | 0.48 | 90 | 34.00 | 1390 |
| Veta Gruesa | ADIT-3 | APCH00036 | ACPCH000168 | 344451.67 | 7007112.98 | 900.25 | 1.5 | 2.1 | 0.17 | 0.02 | 30 | 5.38 | 20 |
| Veta Gruesa | ADIT-3 | APCH00037 | ACPCH000169 | 344442.33 | 7007112.20 | 898.90 | 0.0 | 0.9 | 0.37 | 0.06 | 70 | 7.51 | 100 |
| Veta Gruesa | ADIT-3 | APCH00037 | ACPCH000170 | 344442.27 | 7007113.55 | 898.82 | 0.9 | 1.6 | 0.35 | 0.24 | 220 | 13.75 | 660 |
| Veta Gruesa | ADIT-3 | APCH00037 | ACPCH000171 | 344442.31 | 7007114.71 | 898.11 | 1.6 | 3.0 | 0.17 | 0.02 | 40 | 7.24 | 20 |
| Veta Gruesa | ADIT-4 | APCH00038 | ACPCH000172 | 344243.66 | 7007023.42 | 924.69 | 0.0 | 1.1 | 0.81 | <0.005 | 480 | 7.48 | 40 |
| Veta Gruesa | ADIT-4 | APCH00038 | ACPCH000173 | 344242.73 | 7007022.69 | 924.90 | 1.1 | 2.1 | 1.75 | 0.20 | 360 | 10.60 | 730 |
| Veta Gruesa | ADIT-4 | APCH00038 | ACPCH000174 | 344242.35 | 7007021.42 | 924.83 | 2.1 | 3.6 | 0.43 | 0.02 | 570 | 4.42 | 50 |
| Veta Gruesa | ADIT-4 | APCH00038 | ACPCH000175 | 344242.59 | 7007020.24 | 924.00 | 3.6 | 4.4 | 0.17 | 0.01 | 80 | 5.28 | 5 |
| Veta Gruesa | ADIT-4 | APCH00039 | ACPCH000176 | 344232.76 | 7007023.76 | 922.65 | 0.0 | 1.3 | 0.14 | 0.03 | 360 | 6.01 | 30 |
| Veta Gruesa | ADIT-4 | APCH00039 | ACPCH000177 | 344232.57 | 7007022.63 | 923.16 | 1.3 | 2.5 | 0.87 | 0.62 | 7240 | 27.40 | 1400 |
| Veta Gruesa | ADIT-4 | APCH00039 | ACPCH000178 | 344232.64 | 7007021.34 | 922.57 | 2.5 | 4.0 | 0.23 | 0.01 | 510 | 5.63 | 10 |
| Veta Gruesa | ADIT-4 | APCH00040 | ACPCH000179 | 344225.66 | 7007023.31 | 920.35 | 0.0 | 1.2 | 0.25 | 0.01 | 570 | 6.48 | 20 |
| Veta Gruesa | ADIT-4 | APCH00040 | ACPCH000180 | 344225.59 | 7007022.23 | 920.53 | 1.2 | 2.6 | 0.71 | 0.12 | 1800 | 30.20 | 430 |
| Veta Gruesa | ADIT-4 | APCH00040 | ACPCH000181 | 344225.79 | 7007020.94 | 920.00 | 2.6 | 4.2 | 0.10 | 0.01 | 810 | 5.60 | 20 |
| Veta Gruesa | ADIT-4 | APCH00041 | ACPCH000182 | 344211.06 | 7007023.20 | 917.31 | 0.0 | 1.5 | 0.29 | 0.05 | 930 | 13.50 | 340 |
| Veta Gruesa | ADIT-4 | APCH00041 | ACPCH000183 | 344211.12 | 7007021.59 | 917.06 | 1.5 | 2.7 | 0.40 | 0.03 | 1960 | 5.66 | 10 |
| Veta Gruesa | ADIT-4 | APCH00041 | ACPCH000184 | 344211.19 | 7007020.99 | 916.28 | 2.7 | 3.1 | 0.12 | <0.005 | 150 | 4.39 | 5 |
| Veta Gruesa | ADIT-4 | APCH00042 | ACPCH000185 | 344216.74 | 7007028.30 | 911.57 | 0.0 | 1.5 | 0.01 | 0.01 | 40 | 5.60 | 5 |
| Veta Gruesa | ADIT-4 | APCH00042 | ACPCH000186 | 344217.63 | 7007026.51 | 910.78 | 1.5 | 3.9 | 1.50 | 0.25 | 310 | 14.35 | 520 |
| Veta Gruesa | ADIT-4 | APCH00042 | ACPCH000187 | 344218.02 | 7007024.99 | 910.36 | 3.9 | 4.6 | 0.31 | 0.03 | 120 | 23.00 | 4020 |
| Veta Gruesa | ADIT-4 | APCH00042 | ACPCH000188 | 344218.27 | 7007023.79 | 910.43 | 4.6 | 6.4 | 0.05 | <0.005 | 50 | 4.45 | 10 |
| Veta Gruesa | ADIT-4 | APCH00043 | ACPCH000189 | 344228.04 | 7007027.00 | 910.50 | 0.0 | 1.0 | 0.48 | 0.04 | 1600 | 7.53 | 30 |
| Veta Gruesa | ADIT-4 | APCH00043 | ACPCH000190 | 344226.90 | 7007028.84 | 910.32 | 1.0 | 2.4 | 3.37 | 0.20 | 1030 | 42.80 | 480 |
| Veta Gruesa | ADIT-4 | APCH00043 | ACPCH000191 | 344227.47 | 7007027.98 | 910.84 | 2.4 | 4.0 | 0.70 | 0.03 | 2930 | 12.05 | 200 |
| Veta Gruesa | ADIT-4 | APCH00044 | ACPCH000192 | 344240.51 | 7007035.59 | 909.75 | 0.0 | 1.8 | 0.35 | 0.03 | 340 | 5.92 | 5 |
| Veta Gruesa | ADIT-4 | APCH00044 | ACPCH000193 | 344241.49 | 7007034.56 | 910.23 | 1.8 | 3.3 | 2.04 | 0.20 | 720 | 30.70 | 920 |
| Veta Gruesa | ADIT-4 | APCH00044 | ACPCH000194 | 344242.51 | 7007033.74 | 909.65 | 3.3 | 4.7 | 0.80 | 0.08 | 220 | 13.45 | 160 |
| Veta Gruesa | ADIT-5 | APCH00045 | ACPCH000195 | 344322.20 | 7007028.81 | 938.33 | 0.0 | 0.8 | 0.38 | 0.03 | 280 | 4.07 | 20 |
| Veta Gruesa | ADIT-5 | APCH00045 | ACPCH000196 | 344323.09 | 7007029.80 | 939.14 | 0.8 | 2.7 | 0.58 | 0.52 | 950 | 28.60 | 360 |
| Veta Gruesa | ADIT-5 | APCH00045 | ACPCH000197 | 344323.56 | 7007031.46 | 939.50 | 2.7 | 4.4 | 0.14 | 0.08 | 100 | 7.60 | 40 |
| Veta Gruesa | ADIT-5 | APCH00046 | ACPCH000198 | 344286.75 | 7007023.84 | 939.84 | 0.0 | 1.4 | 1.15 | 0.07 | 250 | 27.60 | 740 |
| Veta Gruesa | ADIT-5 | APCH00046 | ACPCH000199 | 344288.88 | 7007026.62 | 939.23 | 1.4 | 3.3 | 0.30 | 0.03 | 390 | 10.70 | 130 |
| Veta Gruesa | ADIT-5 | APCH00046 | ACPCH000200 | 344289.23 | 7007028.00 | 940.01 | 3.3 | 4.6 | 1.81 | 0.66 | 170 | 10.55 | 150 |
| Veta Gruesa | ADIT-8 | APCH00062 | ACPCH000245 | 344318.87 | 7007024.43 | 947.20 | 0.0 | 0.4 | 0.07 | 0.01 | 70 | 4.47 | 5 |
| Veta Gruesa | ADIT-8 | APCH00062 | ACPCH000246 | 344318.67 | 7007025.42 | 947.90 | 0.4 | 2.7 | 0.56 | 0.28 | 1890 | 34.00 | 1100 |
| Veta Gruesa | ADIT-8 | APCH00062 | ACPCH000247 | 344318.45 | 7007026.39 | 948.20 | 2.7 | 3.9 | 0.84 | 0.15 | 870 | 10.20 | 100 |
| Veta Gruesa | ADIT-8 | APCH00063 | ACPCH000248 | 344328.68 | 7007027.85 | 947.10 | 0.0 | 0.9 | 0.11 | 0.12 | 300 | 5.45 | 60 |
| Veta Gruesa | ADIT-8 | APCH00063 | ACPCH000249 | 344328.30 | 7007028.81 | 947.80 | 0.9 | 2.8 | 0.18 | 0.42 | 680 | 27.10 | 560 |
| Veta Gruesa | ADIT-8 | APCH00063 | ACPCH000250 | 344327.68 | 7007030.27 | 948.10 | 2.8 | 3.4 | 0.17 | 0.03 | 390 | 12.10 | 340 |
| Veta Gruesa | ADIT-8 | APCH00064 | ACPCH000251 | 344344.98 | 7007036.55 | 947.00 | 0.0 | 1.0 | 0.03 | <0.005 | 120 | 4.74 | 5 |
| Veta Gruesa | ADIT-8 | APCH00064 | ACPCH000252 | 344344.38 | 7007037.55 | 947.50 | 1.0 | 2.5 | 0.95 | 0.17 | 2720 | 12.80 | 180 |
| Descubridora | Adit-6 | APCH00047 | ACPCH000201 | 343569.65 | 7007901.85 | 890.15 | 0.0 | 0.6 | 1.24 | 0.13 | 460 | 15.00 | 60 |
| VEIN | ADIT | Channel_ID | SAMPLE_ID | EAST | NORTH | LEVEL | From | To | Cu% | Au **ppm ** |
Co **ppm ** |
Fe % | Mo **ppm ** |
| Descubridora | Adit-6 | APCH00047 | ACPCH000202 | 343568.73 | 7007902.68 | 890.67 | 0.6 | 2.0 | 3.04 | 1.79 | 510 | 19.90 | 120 |
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| Descubridora | Adit-6 | APCH00047 | ACPCH000203 | 343568.16 | 7007903.52 | 891.25 | 2.0 | 3.8 | 0.88 | 0.03 | 860 | 5.26 | 5 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Descubridora | Adit-6 | APCH00048 | ACPCH000204 | 343579.41 | 7007911.23 | 890.09 | 0.0 | 0.6 | 1.82 | 0.10 | 140 | 5.39 | 10 |
| Descubridora | Adit-6 | APCH00048 | ACPCH000205 | 343580.32 | 7007911.17 | 889.70 | 0.6 | 1.6 | 11.09 | 0.58 | 430 | 8.88 | 50 |
| Descubridora | Adit-6 | APCH00048 | ACPCH000206 | 343581.04 | 7007909.90 | 889.09 | 1.6 | 3.2 | 1.61 | 0.04 | 210 | 6.47 | 5 |
| Descubridora | Adit-6 | APCH00049 | ACPCH000207 | 343593.78 | 7007911.13 | 893.04 | 0.0 | 1.7 | 1.08 | 0.02 | 130 | 3.41 | 5 |
| Descubridora | Adit-6 | APCH00049 | ACPCH000208 | 343595.23 | 7007912.28 | 892.37 | 1.7 | 2.5 | 0.07 | 0.01 | 60 | 2.12 | 5 |
| Descubridora | Adit-6 | APCH00050 | ACPCH000209 | 343590.62 | 7007922.24 | 894.26 | 0.0 | 0.8 | 0.86 | 0.01 | 130 | 7.13 | 5 |
| Descubridora | Adit-6 | APCH00050 | ACPCH000210 | 343591.78 | 7007921.92 | 894.86 | 0.8 | 2.3 | 1.01 | 0.37 | 160 | 10.00 | 60 |
| Descubridora | Adit-6 | APCH00050 | ACPCH000211 | 343592.81 | 7007921.64 | 894.26 | 2.3 | 2.9 | 1.72 | 0.02 | 160 | 6.49 | 5 |
| Descubridora | Adit-6 | APCH00051 | ACPCH000212 | 343597.69 | 7007929.84 | 895.73 | 0.0 | 0.6 | 0.69 | 0.01 | 430 | 4.86 | 5 |
| Descubridora | Adit-6 | APCH00051 | ACPCH000213 | 343597.97 | 7007928.95 | 896.26 | 0.6 | 2.3 | 1.77 | 0.16 | 170 | 5.69 | 10 |
| Descubridora | Adit-6 | APCH00051 | ACPCH000214 | 343597.96 | 7007927.39 | 895.80 | 2.3 | 2.9 | 2.89 | 1.42 | 610 | 9.88 | 40 |
| Descubridora | Adit-6 | APCH00059 | ACPCH000236 | 343610.42 | 7007936.52 | 894.40 | 0.0 | 0.7 | 0.04 | 0.01 | 70 | 4.48 | 5 |
| Descubridora | Adit-6 | APCH00059 | ACPCH000237 | 343610.02 | 7007936.91 | 894.41 | 0.7 | 1.1 | 0.33 | 0.14 | 300 | 6.33 | 30 |
| Descubridora | Adit-6 | APCH00059 | ACPCH000238 | 343609.60 | 7007937.28 | 893.97 | 1.1 | 1.9 | 0.20 | 0.02 | 200 | 4.58 | 5 |
| Descubridora | Adit-6 | APCH00060 | ACPCH000239 | 343616.05 | 7007941.12 | 892.57 | 0.0 | 0.7 | 0.34 | <0.005 | 180 | 4.74 | 5 |
| Descubridora | Adit-6 | APCH00060 | ACPCH000240 | 343615.65 | 7007941.54 | 892.56 | 0.7 | 1.1 | 1.12 | 0.35 | 580 | 13.65 | 80 |
| Descubridora | Adit-6 | APCH00060 | ACPCH000241 | 343615.34 | 7007941.83 | 892.19 | 1.1 | 1.8 | 0.80 | 0.10 | 60 | 4.30 | 10 |
| Descubridora | Adit-6 | APCH00061 | ACPCH000242 | 343623.30 | 7007945.45 | 890.99 | 0.0 | 0.9 | 0.08 | 0.01 | 80 | 4.97 | 5 |
| Descubridora | Adit-6 | APCH00061 | ACPCH000243 | 343623.05 | 7007945.91 | 890.92 | 0.9 | 1.1 | 0.37 | 0.03 | 2770 | 15.95 | 70 |
| Descubridora | Adit-6 | APCH00061 | ACPCH000244 | 343622.88 | 7007946.20 | 890.45 | 1.1 | 1.8 | 0.01 | 0.01 | 210 | 8.61 | 5 |
| False Estaca | Adit -7 | APCH00052 | ACPCH000215 | 343747.53 | 7007617.64 | 957.92 | 0.0 | 1.0 | 0.04 | 0.01 | 170 | 4.90 | 5 |
| False Estaca | Adit -7 | APCH00052 | ACPCH000216 | 343747.39 | 7007618.22 | 958.21 | 1.0 | 1.4 | 7.44 | 0.99 | 1410 | 8.16 | 10 |
| False Estaca | Adit -7 | APCH00052 | ACPCH000217 | 343747.29 | 7007618.58 | 957.97 | 1.4 | 1.9 | 1.00 | 0.07 | 3440 | 9.26 | 10 |
| False Estaca | Adit -7 | APCH00053 | ACPCH000218 | 343740.74 | 7007614.53 | 959.68 | 0.0 | 0.9 | 0.81 | 0.21 | 420 | 7.08 | 10 |
| False Estaca | Adit -7 | APCH00053 | ACPCH000219 | 343740.48 | 7007615.25 | 959.65 | 0.9 | 1.3 | 2.74 | 0.31 | 920 | 10.30 | 70 |
| False Estaca | Adit -7 | APCH00053 | ACPCH000220 | 343740.40 | 7007616.03 | 959.07 | 1.3 | 2.4 | 0.03 | <0.005 | 40 | 4.75 | 5 |
| False Estaca | Adit -7 | APCH00054 | ACPCH000221 | 343731.82 | 7007612.88 | 961.27 | 0.0 | 0.9 | 0.10 | 0.02 | 110 | 4.91 | 5 |
| False Estaca | Adit -7 | APCH00054 | ACPCH000222 | 343731.72 | 7007613.52 | 961.33 | 0.9 | 1.3 | 2.97 | 0.69 | 3280 | 11.55 | 90 |
| False Estaca | Adit -7 | APCH00054 | ACPCH000223 | 343731.59 | 7007613.92 | 961.03 | 1.3 | 2.1 | 0.66 | 0.96 | 220 | 4.69 | 5 |
| False Estaca | Adit -7 | APCH00055 | ACPCH000224 | 343721.40 | 7007611.43 | 963.24 | 0.0 | 0.9 | 0.78 | 0.07 | 560 | 4.78 | 5 |
| False Estaca | Adit -7 | APCH00055 | ACPCH000225 | 343721.19 | 7007612.02 | 963.39 | 0.9 | 1.3 | 4.50 | 1.45 | 2700 | 12.35 | 70 |
| False Estaca | Adit -7 | APCH00055 | ACPCH000226 | 343720.99 | 7007612.50 | 963.43 | 1.3 | 2.0 | 1.48 | 0.07 | 1760 | 7.74 | 30 |
| False Estaca | Adit -7 | APCH00056 | ACPCH000227 | 343711.12 | 7007610.01 | 964.85 | 0.0 | 1.0 | 0.85 | 0.01 | 1030 | 4.67 | 20 |
| False Estaca | Adit -7 | APCH00056 | ACPCH000228 | 343711.03 | 7007610.65 | 964.82 | 1.0 | 1.3 | 6.01 | 0.90 | 600 | 13.65 | 60 |
| False Estaca | Adit -7 | APCH00056 | ACPCH000229 | 343710.93 | 7007611.04 | 964.36 | 1.3 | 1.8 | 0.88 | 0.04 | 960 | 4.88 | 5 |
| False Estaca | Adit -7 | APCH00057 | ACPCH000230 | 343703.91 | 7007608.20 | 965.92 | 0.0 | 0.8 | 0.07 | 0.01 | 50 | 4.65 | 5 |
| False Estaca | Adit -7 | APCH00057 | ACPCH000231 | 343703.93 | 7007608.99 | 965.86 | 0.8 | 1.5 | 11.19 | 1.41 | 1330 | 16.20 | 80 |
| False Estaca | Adit -7 | APCH00057 | ACPCH000232 | 343703.80 | 7007609.76 | 965.39 | 1.5 | 2.1 | 0.06 | <0.005 | 20 | 5.02 | 5 |
| False Estaca | Adit -7 | APCH00058 | ACPCH000233 | 343693.34 | 7007606.80 | 967.21 | 0.0 | 1.0 | 0.10 | 0.01 | 20 | 5.92 | 5 |
| False Estaca | Adit -7 | APCH00058 | ACPCH000234 | 343693.44 | 7007607.69 | 967.19 | 1.0 | 1.7 | 0.71 | 0.02 | 40 | 4.14 | 20 |
| False Estaca | Adit -7 | APCH00058 | ACPCH000235 | 343693.33 | 7007608.42 | 966.72 | 1.7 | 2.4 | 0.30 | 0.03 | 420 | 4.44 | 10 |
APPENDIX 2: JORC Table 1, Section 1 Sampling Techniques and Data
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| Criteria | Explanation |
|---|---|
| Sampling techniques |
• Rock chip samples collected are of a minimum 2kg weight. • Minimum sample interval was 0.50m and maximum of 2.00m were collected along adit roof and adit walls. • Stockpile samples were randomly collected grab samples from across each stockpile. • Samples were sent to ALS Laboratories, Copiapo, Chile • Samples were pulverised to obtain a 30g charge for fire assay for gold • A 0.5g charge was digested by four acid near total digest and analyses using ICP-OES for multi-element analysis, including copper • Oregrade copper samples over 10,000ppm(10%)were re-assayed usingAAS |
| Drilling techniques | • No drilling has been conducted on the El Roble Project. |
| Drill sample recovery |
• No drilling has been conducted on the El Roble Project. |
| Logging | • All rock chip samples and stockpile grab samples are geologically logged by qualified geologists. • Geological data is recorded in the Company’s geological database. • Logging is qualitative in nature and describes lithology, alteration, structure and mineralisation visually observed by the logging geologist. • Total length of each sample interval has been logged. |
| Sub-sampling techniques and sample preparation |
• The sample collection and preparation technique is deemed suitable and industry standard for surface sampling. • Samples are coarse crushed to 70% passing 2mm and then split produce a 30g sample for gold assay and 0.5g sample for multi-element assay. Sub samples are then pulverised to 85% passing 75 microns prior to assay. • No duplicate samples have been carried out. • Sample size is deemed appropriate. |
| Quality of assay data and laboratory tests |
• Assay techniques are deemed suitable and accurate for the elements being tested. • Standard reference materials have been submitted in each sample run every 20 samples. • Blank reference materials are submitted in each sample run every 50 samples. |
| Verification of sampling and assaying |
• All significant intersections have been calculated using weighted averaging to sample length. • All significant intersections have been checked by alternative company geological personnel. • No duplicate sampling or twinned holes have been completed • All data collected is done so in accordance with the Company’s written data collection procedures and is kept within the Company’s electronic database. Original sample logs and written data collection forms are also retained in the Company’s data library. • No adjustment to data has been done. |
| Locations of data points |
• All adits have been surveyed using a total station survey instrument with appropriate control points used and referenced to ensure accuracy of survey information. • Rock chip and channel samples are located using a total station survey instrument. • Co-ordinates have an error of +/-10cm. • Co-ordinates are recorded in WGS84 co-ordinate system |
| Data spacing and distribution |
• NA at this early exploration stage. |
| Orientation of data in relation to geological structure |
• Wherever possible channels have been planned to intersect mineralised structures perpendicular to the structure. • Channel intercepts are along channel widths and do not indicate true widths of any mineralised structure. |
| Sample security | • All sampling was conducted under the supervision of an independent geology consultant who conducted sample collection and the chain of custody from the drill to the sample preparation and logging facility is continually monitored by the consultant. Samples are shipped to the lab by qualified couriers or Company personnel under locked bags. |
| Audits or reviews | • No audit or review has been conducted due to the early stage exploration nature of the work. |
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JORC Table 7: Section 2 Reporting of Exploration Results
| Criteria | Explanation |
|---|---|
| Mineral tenement and land tenure status |
• Mining Group does not own any of the properties sampled or mapped and sampling and mapping completed was done so as part of a due diligence process in order to assess the properties. • Mining Group has an exclusive option to acquire the properties under the contemplated transaction described in ASX Announcement dated 15thAugust 2013. |
| Exploration by other parties |
• No information has been used in this report from exploration by other parties. |
| Drill hole information |
• No drilling has been conducted on the property to date. |
| Geology | • The El Roble Project consists of quartz and iron oxide veins, containing copper and gold mineralisation. The veins are hosted within intrusive dioritic and andesitic volcanic rocks of the Chilean Cretaceous Belt. |
| Channel information |
• Table of all channel locations and results is presented in Schedule 1 of this Notice |
| Data aggregation methods |
• Intercept widths are along channel widths, intercept calculated by length weighted average for all samples and no internal dilution was used, where length is the along channel length for each sample interval • Intercepts comprise of aggregated length weighted average for all samples taken in each channel. Length weighted averages have been calculated using the following formula assuming 3 samples were taken from the channel, where: A=sample interval, B=sample assay value 1) A1xB1 = C1, A2xB2=C2, A3xb3=C3 2) A1+A2+B2= total interval 3) (C1+C2+C3)/total interval = length weighted grade average • No metal equivalent values have been used. |
| Relationship between mineralization widths and intercept lengths |
• Channels were designed to be installed perpendicular to the interpreted strike of the mineralized structures unless stated. • Intercept widths are along channel widths and are not true geological widths. |
| Diagrams | • Pertinent maps are within this announcement • No drillinghas been conducted on theproject. |
| Balanced Reporting | • All results have been presented in Appendix 1 of this announcement for balanced reporting. |
| Other substantive exploration data |
• No other data other than that presented has been used or relied upon. |
| Further work | • Further exploration work including mapping, sampling and drilling is required, on areas throughout the property. • These areas will be identified in the future through further analysis and interpretation of results. • Diagrams cannot be provided until areas for future exploration have been identified. |
15