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BUXTON RESOURCES LIMITED Capital/Financing Update 2020

Oct 12, 2020

64585_rns_2020-10-12_d8e27dc1-3ed2-4a2d-a870-9cb9569b82de.pdf

Capital/Financing Update

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13 October 2020

Ms Madeleine Green Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000

Dear Ms Green,

Clarification to West Kimberley Exploration Update

Buxton Resources Limited (ASX:BUX) refers to the announcement released on 2 October titled “West Kimberly Exploration Update” and provides the following additional information which has been requested by ASX.

This announcement was authorised for release by:

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Sam Wright Company Secretary

PO Box 9028 Subiaco WA 6008 Suite 1, First Floor 14-16 Rowland Street Subiaco WA 6008

Tel: 08-9380 6063 Fax: 08-9381 4056 www.buxtonresources.com.au [email protected]

13 October 2020

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ASX Release

West Kimberley Exploration Update; Buxton IGO JV

  • Diamond drilling at Merlin is ongoing >2,500m drilled to date

  • Drilling at Quick Shears to commence this field season

  • All activities 100% funded by IGO

A total of 2675 metres of diamond drilling across three holes has been completed to the 29[th] September 2020 (Figure 1, Figure 2). The program is managed and funded by IGO Ltd ( IGO ).

Drillhole 20WKDD002, an EIS co-funded hole, is a large ~450m step out down-dip of previous drilling completed by Buxton. The hole was designed to test a deep-seated gravity high anomaly, a weak Late Time SQUID EM conductor located down-dip of plates drilled previously by Buxton (Conductors A-B) and to test the down-dip extent of the prospective high-Cr/ultramafic Ruins sill and provide a DHEM platform. The upper 400m intersected foliated mafic intrusive unit and progressed through a package of turbidite meta-sediments and dioritic units.

A number of intervals of the prospective Ruins Dolerite unit were intersected between 400m and 830m hosting intermittent weak to moderate mineralisation. The best zone of sulphide mineralisation was between ~611.2m – 618.7m downhole consisting disseminated to moderately net-textured pyrrhotite-pentlandite-chalcopyrite (Figure 1).

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Figure 1: Disseminated and moderately net-textured sulphides hole 20WKDD0002 611.75 – 613.57m

PO Box 661 Nedlands WA

Suite 1, First Floor 14-16 Rowland Street Subiaco WA 6008

Tel: 08-9380 6063

www.buxtonresources.com.au [email protected]

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Drillhole 20WKDD0001 did not hit substantive mineralisation at the target depths. Preliminary modelling of the DHEM data for hole 20WKDD001 reveals the main anomalism is a large off hole response related to the previously identified Conductor H tested by DMDD0018 (Figure 2) with a smaller less conductive in hole/off hole at ~430m related to stringer sulphides.

Drillhole 20WKDD003 is currently at 888m and will be continued to approximately 1100m.

Moving Loop surveys and downhole EM surveys are ongoing.

Preparations are underway to undertake additional diamond drilling at Quick Shears during the 2020 field season.

Buxton will keep shareholders updated on results as they come to hand.

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Figure 2: Long section at Merlin looking ~N with historic drilling, gravity inversion (red lines) and EM plates, showing the 3 recent diamond drill holes (blue). IGO has completed holes 20WKDD0001 (558m) & 20WKDD0002 (1102.1m) and drilling is ongoing in 20WKDD0003.

Drillhole collar locations and surveys are provided in Table 1. The IGO geologists’ visual estimates of sulphide mineralogy, abundance and form are provided in Table 2.

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Figure 3: Diamond drilling at Merlin 29th September 2020

This ASX release has been approved for release by Eamon Hannon on behalf of the Board of Directors.

For further information, please contact:

Eamon Hannon Sam Wright Managing Director Company Secretary [email protected] [email protected]

Competent Persons

The information in this report that relates to Exploration Results is based on information compiled by Mr Eamon Hannon, Member of the Australasian Institute of Mining and Metallurgy, and Mr Martin Moloney, Member of the Australian Institute of Geoscientists. Mr Hannon and Mr Moloney are full-time employees of Buxton Resources. Mr Hannon and Mr Moloney have sufficient experience which is relevant to the activity being undertaken to qualify as a “Competent Person”, as defined in the 2012 edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Hannon and Mr Moloney consent to the inclusion in this report of the matters based on the information in the form and context in which it appears.

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Table 1: Collar information for holes drilled recently at Merlin.

Hole_ID Easting Northing RL Azi True Dip EOH
20WKDD001 655675 8126247 100 9.04 -68.010 558.2
20WKDD002 654733 8126352 89 24.20 -75.910 1102.1
20WKDD003 655430 8126150 94 354.13 -75.150 1100* TARGETED

Table 2: Visual estimates of sulphide mineralogy, abundance and form for holes recently drilled at Merlin

HOLE_ID FROM TO Min1 Min1
%
Min1
Mode
Min2 Min2
%
Min2
Mode
Min3 Min3
%
Min3
Mode
Min4 Min4
%
Min4
Mode
20WKDD001 29.77 31.99 po 1 OBB cp 1 ODD
20WKDD001 31.99 35.31 po 0.5 ODD
20WKDD001 174.15 174.54 cp 0.1 OSK po 0.1 OSK
20WKDD001 258.75 261.3 po 0.5 OSK
20WKDD001 261.3 263.75 po 1 ODD cp 0.5 ODD
20WKDD001 266.25 279.75 po 0.5 ODD
20WKDD001 281.2 284.95 po 0.5 ODD
20WKDD001 286.05 291.05 po 0.5 ODD
20WKDD001 292.4 295.3 po 0.5 ODD
20WKDD001 295.46 297.6 po 0.5 ODD
20WKDD001 378.75 385 po 0.5 ODD
20WKDD001 385 388.5 po 0.5 ODD
20WKDD001 388.5 397.1 po 1 ODD
20WKDD001 398.5 408 po 1 ODD
20WKDD001 408 411.1 po 1 ODD
20WKDD001 411.95 420.5 po 1 ODD
20WKDD001 420.5 420.75 po 2 OSK cp 1 OSK
20WKDD001 420.75 427.9 po 2 OSK cp 3 OSK
20WKDD002 609.7 611.2 po 0.5 ODD cp 0.2 ODD
20WKDD002 611.2 611.75 po 3 ODD cp 2 ODD
20WKDD002 611.75 613.57 po 10 ODD cp 4.5 ODD pn 0.5 ODD
20WKDD002 613.57 614.15 po 0.5 ODD cp 0.1 ODD
20WKDD002 614.15 616.55 po 4 ODD cp 2 ODD po 1 OSK cp 0.7 OSK
20WKDD002 616.55 616.8 po 10 OSK cp 5 OSK pn 1 OSK
20WKDD002 616.8 618.7 po 3 ODD cp 1.5 ODD pn 0.5 ODD
20WKDD002 618.7 623.1 po 1 ODD cp 0.2 ODD
20WKDD002 623.4 629 po 0.5 ODD cp 0.2 ODD
20WKDD002 629 631.2 po 5 ODD cp 2 ODD pn 0.3 ODD
20WKDD002 631.2 636.1 po 1 ODD cp 0.5 ODD
20WKDD002 636.1 637.65 po 4 ODD cp 2 ODD pn 0.3 ODD
20WKDD002 637.65 639.75 po 1 ODD cp 0.5 ODD
20WKDD002 641.5 642.4 po 4 ODD cp 2.5 ODD pn 0.5 ODD
20WKDD002 642.4 651.2 po 1.5 ODD cp 1 ODD
20WKDD002 651.2 653 po 3.5 ODD cp 2 ODD pn 0.2 ODD
20WKDD002 653 655 po 1 ODD cp 0.2 ODD
20WKDD002 655 658.65 po 3.5 ODD cp 1.5 ODD
20WKDD002 658.65 669.8 po 0.7 ODD cp 0.3 ODD
20WKDD002 763.9 768.8 po 1 ODD cp 0.5 ODD
20WKDD002 768.8 769.65 po 4 ODD cp 2.5 ODD pn 0.5 ODD
20WKDD002 769.65 774.55 po 0.6 ODD cp 0.4 ODD
20WKDD002 794 798.7 po 2.5 ODD cp 1 ODD
20WKDD002 798.7 813.2 po 0.3 ODD cp 0.2 ODD
20WKDD002 860 882.9 po 0.5 ODD cp 0.5 ODD
20WKDD002 882.9 883.65 po 3.5 OLM cp 3 OLM
20WKDD002 885.2 885.55 po 4 ODD cp 3 ODD
20WKDD002 885.55 889 po 1.5 OLM cp 0.5 OLM
20WKDD002 889 889.55 po 0.7 ODD cp 0.3 ODD
20WKDD002 889.55 891.7 po 4 OLM cp 2 OLM
20WKDD002 891.7 896.75 po 1 OLM cp 0.5 OLM
20WKDD002 896.75 897.1 po 1 OLM cp 0.5 OLM as 0.4 OLM
20WKDD002 897.1 899.05 po 0.7 ODD cp 0.3 ODD
20WKDD002 899.05 900.05 po 5 ODD cp 3 ODD
20WKDD003 47.05 59.3 po 0.5 ODD cp 0.25 ODD
20WKDD003 67.65 78.3 po 0.5 ODD
20WKDD003 691.34 709 po 0.5 ODD cp 0.25 ODD

Minerals: po = pyrrhotite, cp = chalcopyrite, pn = pentlandite, as = arsenopyrite Mineralisation Mode: OBB = blebby, ODD = disseminated, OLM = laminated, OSK = stringers / veinlets

Cautionary Statement: Buxton notes that the sulphide percentages in Table 2 are visual estimates made by qualified geologists and appropriate caution should be considered when interpreting these data. Buxton expects that analytical laboratory assay results for the 2020 drilling program will be available by the end of December 2020.

JORC Table: Section 1 – Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling techniques Nature and quality of sampling (eg 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.
Exploration drilling at the Merlin Prospect has been
undertaken utilizing HQ/NQ diamond core wireline
equipped with core orientation equipment.
The drill hole locations are picked up by handheld GPS.
Surveying by differential GPS will take place at the end of
the program. Sampling was carried out under IGO
protocols and QAQC procedures are per industry best
practice.
Samples have been submitted to ALS in Perth for
analysis. A standard dry, crush and pulverize was
followed by a four-acid digestion finished with ICP-MS
for a suite of 48 elements. Selected samples have also
been analysed for PGE by fire assay.
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 (eg ‘reverse circulation drilling was used to obtain
1 m samples from which 3 kg was pulverised to produce a
30 g charge for fire assay’). In other cases more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems.
Unusual commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of detailed
information.
Drilling techniques Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc) and
details (eg core diameter, triple or standard tube, depth
of diamond tails, face-sampling bit or other type, whether
core is oriented and if so, by what method, etc).
The 2020 diamond drill program is being drilled by a rig
supplied by DDH1 Drilling using HQ and NQ diameter
equipment. All core is orientated using a Reflex ACT II RD
orientation device on each drill run.
Drill sample recovery Method of recording and assessing core and chip sample
recoveries and results assessed.
All core was measured on-site, recoveries calculated and
reconciled with driller’s core blocks and plods.
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.
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.
All drill holes are geologically logged onsite by qualified
and experienced geologists, recording relevant data to a
set template.
All logging included lithological and structural features,
mineral assemblages and estimated mineralization
percentages.
All data was codified to a set of company code systems.
All core is orientated, RQD logged, all structural data
measured and recorded. All core isphotographed.
Whether logging is qualitative or quantitative in nature.
_Core(or costean, channel, etc) photography. _
The total length and percentage of the relevant
intersections logged.
Sub-sampling
techniques and
sample preparation
If core, whether cut or sawn and whether quarter, half or
all core taken.
All HQ/NQ core was sawn at a constant angle to
orientation markings, sampled to geological boundaries,
up to a maximum of 1.2 metre in length. Quarter core
was submitted for assay. Sample preparation is
consistent with industry best practice. Field QC
procedures involved the use of certified reference
material assay standards. The insertion rate of each of
these QAQC measures averaged 1:20. The sample size is
deemed appropriate for the material and analysis
method.
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 samplepreparation technique.
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
Measures taken to ensure that the sampling is
representative of the in-situ material collected, including
for instance results for field duplicate/second-half
sampling.
Whether sample sizes are appropriate to the grain size of
the material being sampled.
Quality of assay data
and laboratory tests
The nature, quality and appropriateness of the assaying
and laboratory procedures used and whether the
technique is considered partial or total.
Not applicable.
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.
Not applicable.
Nature of quality control procedures adopted (eg
standards, blanks, duplicates, external laboratory checks)
and whether acceptable levels of accuracy (ie lack of bias)
and precision have been established.
Not applicable.
Verification of
sampling and
assaying
The verification of significant intersections by either
independent or alternative company personnel.
Significant intersections were checked by the senior IGO
geological personnel.
The use of twinned holes. No holes have been twinned in the 2020 drilling program
at Merlin. Two RC holes from the 2015 drill program
(DMRC0003 and 17) have been twinned by HQ diamond
core holes DMDD0001 and 2 respectively, confirming
mineralization in both cases.
Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.
The logging has been validated by an IGO on-site
geologist and compiled onto the IGO acQuire SQL drill
hole database by IGO’s Geological Database
Administrator. Data is backed up regularly in off-site
secure servers. No geophysical or portable XRF results
are used in exploration results reported.
Discuss any adjustment to assay data. Not applicable.
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.
Handheld GPS (+/-5m) as well as reference to
topographical, remote sensing and known reference
points (e.g., previously surveyed holes). Previous drill
collars were pickup by licensed surveyor.
Specification of the grid system used. MGA51 (GDA94).
Quality and adequacy of topographic control. A DEM (digital terrain model) was created from the
altimeter data from the aerial magnetic survey and is
deemed sufficient for this stage of exploration. Regional
topographic control has an accuracy of +/- 2m based on
detailed DTM data.
Data spacing and
distribution
Data spacing for reporting of Exploration Results. The drilling is aimed at finding mineralisation at depth
not Mineral Resource definition.
The current drill program is reconnaissance and step out
from the 2015- 2018 drilling programs, spacing is
deemed appropriate for this stage of exploration.
No Mineral Resource or Ore Reserve calculations have
been performed.
No sample compositing has taken place during the 2020
drilling program.
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
estimationprocedure(s) and classifications applied.
Whether sample compositing has been applied.
Orientation of data in Whether the orientation of sampling achieves unbiased Information from previous drilling and orientated core
relation to geological sampling of possible structures and the extent to which data indicates that drill hole orientation is likely to be
structure this is known, considering the deposit type. appropriate for disseminated and massive matrix
If the relationship between the drilling orientation and mineralization, however the current drill spacing does
the orientation of key mineralised structures is considered not allow for the relationship between drill orientation
to have introduced a sampling bias, this should be and mineralisation to be known with certainty and the
assessed and reported if material. possibility of bias in relation to orientation of geological
structure is currently unknown.
All mineralized intervals are down hole intervals, not
true width.
Sample security The measures taken to ensure sample security. The chain-of-sample custody is managed by the IGO
staff.
Samples were stored at the Merlin field camp and
sampled in the field by IGO staff and contractors, at the
time of drilling.
Samples were placed in pre-numbered calico bags and
further secured in green plastic sample bags with cable
ties. The samples are further secured in a bulk bag and
delivered to the laboratory by freight contractor.
A sample reconciliation advice is sent by the laboratory
to IGO’s Geological Database Administrator on receipt of
the samples.
Sample preparation and analysis is completed at the one
analytical laboratory (ALS).
The risk of deliberate or accidental loss or contamination
of samples is considered verylow
Audits or reviews The results of any audits or reviews of sampling No specific external audits or reviews have been
techniques and data. undertaken.

JORC Table: Section 2 – Reporting of Exploration Results

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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 drilling results discussed in this announcement were
based on exploration drilling conducted wholly within
E04/1533, which is held in the name of Alexander Creek
Pty Ltd (ACPL) - a wholly owned subsidiary of Buxton
Resources Ltd (BUX). As detailed in ASX announcement
02/10/2019, E04/1533 is subject to the “Merlin Project
Transaction”, which establishes a Joint Venture
Agreement between BUX and IGO Ltd subsidiary
Independence Newsearch Pty Ltd (INPL). ACPL presently
has a 49% retained interest in E04/1533, and IGO has the
right to sole fund $5,000,000 on joint venture operations
over 4 years to earn a further 29% (to take it to 80%). At
this point, there will be an 80/20 joint venture between
INPL and ACPL. Once the 80/20 joint venture is
operative, ACPL will be free carried until completion of a
feasibility study. Upon completion of the feasibility
study, the joint venture parties will be required to
contribute to joint venture expenditure in proportion to
their respective joint venture interests.
The drillhole preparation at Quick Shears is being
conducted on E04/1972, which is held in the name of
TATTERSON, Timothy Vincent (Tatterson) and Buxton
Resources Ltd. As detailed in the ASX announcement
02/10/2019, E04/1972, one of the “Quick Shears
Tenements “, has an ownership split of Tatterson – 20%,
BUX – 16% and INPL – 64%. IGO are currently managing
all exploration on E04/1972.
The security of the tenure held at the time of reporting
along with any known impediments to obtaining a licence
to operate in the area.
The tenement is in good standing with DMIRS and there
are no known impediments for exploration on this
tenement.
Exploration done by
other parties
Acknowledgment and appraisal of exploration by other
parties.
IGO Ltd is the current manager of exploration at the
Merlin Prospect and has provided the results presented
herein to Buxton.
The Merlin Prospect area (previously referred to as the
Alexander Creek Project, Clara Hills, Jack’s Hill, Limestone
Springs & Maura’s Reward) has been collected by
numerous exploration parties, including Alexander Creek
Pty Ltd, Victory Mines Limited (ASX:VIC), Proto Resources
and Investments Limited (ASX:PRW), and Ram Resources
Limited (ASX:RMR). Buxton has undertaken exploration
between 2015-2019 as reported on the ASX. All
geophysical data has been independently reviewed by
Southern Geoscience Consultants. All historical data
presented has been previously reported under JORC
2004 and there has been no material change.
Geology Deposit type, geological setting and style of
mineralisation.
Known mineralisation at the Merlin Prospect is
considered to be primary orthomagmatic intrusion
related Ni-Cu-Co sulphide.
The Project areas lie within the Palaeoproterozoic
Hooper Province of the King Leopold Orogen in the
Kimberley region of Western Australia. The geology of
the Project is characterized by a thick turbiditic meta-
sediments and silicic volcanics of the Marboo Formation
which are intruded the Ruins Dolerite.
The Ruins Dolerite is a medium- to fine-grained mafic-
ultramafic intrusive that is host to the known nickel-
copper sulphide mineralization. This mineralization is
interpreted to represent primary orthomagmatic
sulphide mineralization, however there appears to be
minor
re-mobilisation
and
alteration
of
the
mineralization in places.
The nickel-copper sulphide mineralisation at Merlin has
been observed in the form of massive sulphide,
brecciated massive sulphide, net-textured sulphide,
disseminated, in veins, forming veins or bands
concordant or discordant with bedding or occupying a
penetrative foliation observable in the host rock. The
sulphide mineralogy is dominantly a combination of
pyrrhotite, pentlandite and chalcopyrite, which is typical
of
orthomagmatic
nickel-copper-(PGE)
sulphide
mineralization.
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:
See text, tables and figures in body of release.
o_easting and northing of the drill hole collar_
o_elevation or RL (Reduced Level – elevation above sea_
level in metres) of the drill hole collar
o_dip and azimuth of the hole_
o_down hole length and interception depth_
o_hole length_
If the exclusion of this information is justified on the basis
that the information is not Material and this exclusion
does not detract from the understanding of the report,
the Competent Person should clearly explain why this is
the case.
Data aggregation
methods
In reporting Exploration Results, weighting averaging
techniques, maximum and/or minimum grade truncations
(e.g. cutting of high grades) and cut-off grades are usually
Material and should be stated.
No assay results are reported.
IGO has advised that assays from the 2020 drilling
program are being submitted to ALS laboratories in Perth
on an ongoing basis as the program is being executed.
Results for the full program will be available by the end
of December 2020.
Visual estimates of sulphide mineral abundance are
made during the geological logging by experienced,
competent geoscientists employed by IGO in accordance
with estimation charts such as are published in the
AusIMM Field Geologists’ Manual.
These estimates should, however, never be considered a
proxy or substitute for laboratory analyses where metal
concentrations or grades are the factor of principal
economic interest.
Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade results,
the procedure used for such aggregation should be stated
and some typical examples of such aggregations should
be shown in detail.
The assumptions used for any reporting of metal
equivalent values should be clearly stated.
Relationship between
mineralisation widths
and intercept lengths
These relationships are particularly important in the
reporting of Exploration Results.
Due to the locally complex geometry of high-grade zones
observed in orientated drill core (particularly remobilised
massive sulphides) true widths of intersections are
difficult to determine with full confidence. Any true
width estimates provided represent the best possible
estimate, based on gross orientation of mineralised
zones as interpreted from drilling, geophysical data, and
surface mapping. All intercept widths reported are down
hole length.
If the geometry of the mineralisation with respect to the
drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are
reported, there should be a clear statement to this effect
(eg ‘down hole length, true width not known’).
Diagrams Appropriate maps and sections (with scales) and
tabulations of intercepts 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.
See text and figures in body of release.
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.
All currently available exploration results have
previously been reported.
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.
All drillholes are being logged by a downhole high
temperature SQUID downhole EM (DHEM) system at
the completion of each drillhole.
Further work The nature and scale of planned further work (eg tests for See text in body of release.
lateral extensions or depth extensions or large-scale step-
out drilling).
Diagrams clearly highlighting the areas of possible See text and figures in body of release.
extensions, including the main geological interpretations
and future drilling areas, provided this information is not Regionally, the extensive land package containing
commercially sensitive. significant exposure of the nickeliferous host Ruins
Dolerite are of exploration interest.