CHALICE MINING LIMITED - Capital/Financing Update 2022

Tuesday, 2 August 2022

ASX Announcement

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Chalice Mining commits to second stage of JV on Venture’s South West Project

HIGHLIGHTS

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Chalice Mining (ASX: CHN), after recently identifying two new Nickel Copper PGE targets, have decided to commit to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project.

The next stage for the project would include following up the new targets with ground electromagnetic (“EM”) and infill geochemical sampling, to prepare the recently generated targets for potential drill testing. Once the second stage of the earn-in is completed Venture can then elect to either contribute 30% or dilute to a minimum of 10% JV interest, in which case the interest automatically reverts to a 1.25% NSR royalty (for full JV earn-in terms refer to VMS and CHN ASX announcements 21 July 2020) ;

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Chalice recently received results from the completed Auger Soil Geochemistry program (refer Figures 1 & 2) that identified two new Ni-Cu-PGE targets. The new targets are located over interpreted ultramafic rocks, which contain coincident and untested airborne EM and magnetic anomalies at Thor (refer Figures 1 & 2). These new targets have stronger coincidental magmatic indicator metals, including Ni, Cu, Co, Pd, Pt & Au, than the area covered by the recent ground EM;

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Results returned from the recently completed Maiden Drill Program (3 diamond core holes drilled for a total of 1,167.6 metres) testing priority EM conductors show the sulfide rich mineralisation intersected is of a Volcanogenic Massive Sulfide (VMS) style with elevated values of Zinc, Copper, Silver and Gold within sulfide rich zones (see Tables 1 & 2). This is consistent with the results from the Auger Soil Geochemistry program and previous work by Venture which highlighted the drilled areas as having more potential for VMS style mineralisation rather than magmatic Ni-Cu-PGE sulfide mineralisation;

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The South West Project is located ~240km south of Perth in the Balingup Metamorphic Belt, within the highly prospective West Yilgarn Ni-Cu-PGE Province discovered by Chalice (refer Figure 5). The Project hosts the Thor Target, a 20km long, magnetic anomaly containing multiple EM targets (refer Figure 4).

Venture’s Managing Director commented “Chalice electing to proceed to Stage Two of the South West JV, is a strong endorsement of the Project and highlights the potential for Thor to deliver Chalice and Venture a magmatic Nickel-Copper-PGE discovery in the near future. The newly identified two Nickel-Copper-PGE targets associated with interpreted ultramafic rocks and coincidental with Magnetic and Airborne Electromagnetic highs, opens up the untapped potential of the northern part of the 20km long Thor Target. This, along with the recent recognition of a parallel unexplored ultramafic unit, suggests Nickel exploration on this project is still at its infancy and the second stage expenditure of $2.5 million should go a long way towards unlocking the project’s potential.”

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

ASX-VMS

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Venture Minerals Limited (ASX code: VMS) (“Venture” or the “Company”) is pleased to announce that Chalice Mining Limited (ASX code: CHN) (“Chalice”) after recently identifying two new Nickel-Copper-PGE targets have decided to commit to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project.

The next stage for the project would include following up the new targets with ground EM and infill geochemical sampling, to prepare the recently generated targets for potential drill testing. Once the second stage of the earn-in is completed Venture can then elect to either contribute 30% or dilute to a minimum of 10% JV interest, in which case the interest automatically reverts to a 1.25% NSR royalty.

Chalice has received results from the recently completed Auger Soil Geochemistry program and has identified two new target areas having magmatic Ni-Cu-PGE sulfide potential, supported by underlying geology that is consistent with the presence of ultramafic rocks (shown by elevated Cr), and lie within areas of untested airborne EM anomalies and coincident with magnetic highs at Thor which warrant exploration follow-up.

These new targets were not part of Chalice’s ground EM program completed last year and the Auger Geochemical results in these new targets have stronger coincidental magmatic indicator metals, including Ni, Cu, Co, Pd, Pt & Au, than the area covered by the recent ground EM. There remain several kilometres of strike on the prospective 20km long Thor magnetic trend that has not been the subject of any Surface Geochemical or EM work programs. In addition, there is another area in the Project that clearly has ultramafic rocks marked by historical mapping and talc occurrences (talc is typically a product of the metamorphism of ultramafic rocks) which are running parallel to the Thor target that remain unexplored.

Results returned from the recently completed Maiden Drill Program (3 diamond core holes drilled for a total of 1,167.6 metres) testing priority EM conductors associated with the Thor magnetic trend show the sulfide rich mineralisation intersected is of a VMS style with elevated values of Zinc, Copper, Silver and Gold within sulfide rich zones. This is consistent with the results from the Auger Soil Geochemistry program and previous work by Venture which highlighted the drilled areas as having more potential for VMS style mineralisation rather than magmatic Ni-Cu-PGE sulfide mineralisation.

The South West Project (256 km²) is located ~240 km south of Perth hosted in the Balingup Metamorphic Belt, within the highly prospective West Yilgarn Ni-Cu-PGE Province discovered by Chalice that hosts their Julimar discovery, and which is one of the largest greenfield Ni-Cu-PGE sulfide discoveries in recent history (refer Figure 5) . The two main prospects within the Project are Thor and Odin, and both contain areas of potential NickelCopper-PGE prospectivity.

Thor is a 20km long magnetic anomaly (refer Figure 4) associated with chromium rich rocks indicative of maficultramafic intrusions. An airborne EM survey by Venture identified 13 highly conductive anomalies within the southern 6.5km of the regional magnetic feature, of which only two have been tested by single holes in Venture’s 2018 maiden drill program, with the last drill hole (TOR05) intersecting 2.4 metres of Massive Sulfide averaging 0.5% Copper, 0.05% Nickel, 0.04% Cobalt and anomalous gold & palladium (refer Figures 3 & 4 and ASX announcement 21 February 2019) .

At Odin, in the only hole drilled, Nickel and Copper sulfides were intersected within a highly prospective maficultramafic unit that extends over 10 strike kilometres. This was further supported by surface sampling returning significant nickel and copper geochemical anomalies (refer ASX announcement 11 May 2018) .

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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South West Project Highlights:

Thor has a 20km long magnetic anomaly associated with chromium rich rocks indicative of maficultramafic intrusions;
An airborne EM survey in 2018, identified 13 targets in the southern 6.5 km of the Thor magnetic anomaly, the northern half of the survey was heavily disrupted by electrical infrastructure;
Maiden Drill Program at Thor intersected 2.4m of Massive Sulfide in TOR05 averaging 0.5% Cu, 0.05% Ni, 0.04% Co and anomalous Au & Pd (refer ASX announcement 21 February 2019) ;
Maiden Drill Hole at Odin intersecting Ni and Cu sulfides within a highly prospective mafic-ultramafic unit that extends over 10 strike kilometres (refer ASX announcement 11 May 2018).

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Figure One | South West Project - Chalice’s Auger Surface Geochemistry results on aeromagnetics over the Thor Target

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Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Figure Two | South West Project - Chalice’s Auger Surface Geochemistry results on airborne EM over the Thor Target

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Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Figure Three | Massive Sulfides in TOR05 from drilling at the Thor Target

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Figure Four | Comparison of Chalice’s Julimar Complex and Venture’s Thor Target aeromagnetic signatures and EM anomalies at the same scale

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Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Figure Five | Chalice’s Julimar and Venture’s South West JV Project locations over regional geology

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The company requests that the trading halt requested on the 29[th] of July 2022 be lifted with immediate effect following the release of this announcement.

Authorised by the Board of Venture Minerals Limited.

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Andrew Radonjic Managing Director

The information in this report that relates to Exploration Results, Exploration Targets and Minerals Resources and is based on information compiled by Mr Andrew Radonjic, a fulltime employee of the company who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style of mineralisation and type of deposits 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 Andrew Radonjic consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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About Venture

Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With higher Tin prices and the recognition of Tin as a fundamental metal to the battery revolution, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently met its expenditure requirement of $1.2 million to earn up to 51% and have committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project to test new targets identified at Thor in the South West Project. At the Company’s Golden Grove North Project, downhole EM has delineated a large conductor under High Grade Zinc-Copper-Gold drill intersections within the 5km long Volcanogenic Massive Sulfide Target Zone, along strike to the world class Golden Grove ZincCopper-Gold Mine. Venture has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets within the Kulin Project.

COVID-19 Business Update

Venture is responding to the COVID-19 pandemic to ensure impacts are mitigated across all aspects of Company operations. Venture continues to assess developments and update the Company’s response with the highest priority on the safety and wellbeing of employees, contractors and local communities. Venture will utilise a local workforce and contractors where possible.

Authorised by: For more information, please contact

Andrew Radonjic Cameron Morse Managing Director Media enquiries Venture Minerals Limited FTI Consulting Telephone: +61 (0) 8 6279 9428 Telephone: +61 (0) 8 9321 8533 Email: [email protected] Mobile: +61 (0) 433 886 871 Email: [email protected]

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Table One: Chalice JV SWDH drill hole Locations

Hole No.	East MGA Zone50 GDA94	North MGA Zone50 GDA94	AHD elevation (metres)	Azimuth (°) MGA Zone50 GDA94	Dip (°)	End of hole (metres)
SWDH001	413647	6221559	305	015	-70	434.1
SWDH002	414380	6222593	254	343	-77	432
SWDH003	416005	6225781	296	001	-71	301.5

Table Two: Chalice JV SWDH drill hole results

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	41.2	42	0.8	136	42	6.6	<0.01	0.17	0.05
SWDH001	42	43	1	183.5	56	10.8	<0.01	3.73	0.05
SWDH001	43	44	1	191	45	10.4	<0.01	7.34	0.05
SWDH001	44	45	1	260	42	13.9	<0.01	19.85	0.05
SWDH001	45	46	1	216	49	7.8	<0.01	7.75	0.05
SWDH001	46	47	1	227	68	3.2	<0.01	0.21	0.06
SWDH001	47	48	1	394	101	3.5	0.01	0.04	0.01
SWDH001	48	49	1	235	71	2.3	<0.01	0.09	0.05
SWDH001	49	50	1	227	84	2.4	<0.01	0.33	0.06
SWDH001	50	51	1	107.5	69	2.5	<0.01	0.1	<0.01
SWDH001	51	52	1	86.4	55	2.5	<0.01	0.03	0.01
SWDH001	52	53	1	73.7	48	2.5	<0.01	0.05	0.1
SWDH001	53	54	1	63.1	47	2.2	<0.01	0.09	0.05
SWDH001	54	55	1	49.9	46	2.2	<0.01	0.03	0.09
SWDH001	55	56	1	36.8	50	2.2	<0.01	0.02	0.13
SWDH001	56	57	1	28.3	51	2.3	<0.01	0.03	0.08
SWDH001	57	58	1	61.7	50	2.5	<0.01	0.03	0.11
SWDH001	58	59	1	88.1	47	2.6	<0.01	0.03	0.12
SWDH001	59	59.81	0.81	88.3	52	2.5	<0.01	0.04	0.11
SWDH001	59.81	60.37	0.56	119.5	43	3.1	<0.01	0.04	0.16
SWDH001	60.37	61	0.63	102.5	53	2.5	<0.01	0.03	0.08
SWDH001	61	62	1	124	58	2.5	<0.01	0.04	0.13
SWDH001	62	63	1	101	60	2.3	<0.01	0.03	0.11
SWDH001	63	64	1	53.7	57	2.4	<0.01	0.02	0.08
SWDH001	64	65	1	63.8	55	2.2	<0.01	0.02	0.08
SWDH001	65	66	1	66.8	47	2.4	<0.01	0.03	0.08
SWDH001	66	67	1	83.4	60	2.1	<0.01	0.03	0.11
SWDH001	67	68	1	59.1	58	2.2	<0.01	0.02	0.08
SWDH001	68	69	1	56.7	56	2.2	<0.01	0.02	0.09
SWDH001	69	70	1	55	59	2.1	<0.01	0.02	0.09
SWDH001	70	71	1	136	55	2	<0.01	0.04	0.28

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	71	72	1	61	57	2.1	<0.01	0.03	0.09
SWDH001	72	73	1	52.9	61	2	<0.01	0.03	0.08
SWDH001	73	74	1	42.9	60	1.9	<0.01	0.02	0.02
SWDH001	74	75	1	37.3	55	2.2	<0.01	0.01	0.02
SWDH001	75	76	1	117	78	1.9	<0.01	0.03	0.17
SWDH001	76	77	1	101	117	1.4	<0.01	0.03	0.21
SWDH001	77	78	1	87.9	122	1.2	<0.01	0.02	0.14
SWDH001	78	79	1	179	114	1.2	<0.01	0.03	0.23
SWDH001	79	80	1	269	106	1.5	<0.01	0.05	0.41
SWDH001	80	81	1	227	89	2.1	<0.01	0.08	0.18
SWDH001	81	82	1	166	66	1.7	<0.01	0.05	0.07
SWDH001	82	83	1	53.3	64	1.4	<0.01	0.01	0.04
SWDH001	83	84	1	59.7	59	1	<0.01	0.02	0.08
SWDH001	84	85	1	50.6	61	1	<0.01	0.02	0.06
SWDH001	85	85.6	0.6	44.5	62	0.9	<0.01	0.02	0.05
SWDH001	85.6	86	0.4	156.5	86	1.1	<0.01	0.04	0.1
SWDH001	86	87	1	142.5	89	1.5	<0.01	0.04	0.1
SWDH001	87	88	1	31.3	91	1.5	<0.01	0.02	0.02
SWDH001	88	89	1	166.5	89	1.3	<0.01	0.05	0.09
SWDH001	89	90	1	177	85	1.1	<0.01	0.05	0.08
SWDH001	90	91	1	178	77	1.1	0.01	0.06	0.06
SWDH001	91	92	1	143	72	0.9	<0.01	0.04	0.05
SWDH001	92	93	1	148.5	63	0.6	<0.01	0.05	0.04
SWDH001	93	93.8	0.8	118.5	60	0.8	0.01	0.05	0.04
SWDH001	93.8	94.45	0.65	86.8	61	0.9	<0.01	0.03	0.02
SWDH001	94.45	95	0.55	129	71	1.6	<0.01	0.03	0.07
SWDH001	95	96	1	156	79	1.2	<0.01	0.06	0.07
SWDH001	96	97	1	144	77	1.2	<0.01	0.04	0.05
SWDH001	97	98	1	143	76	1.1	0.01	0.04	0.06
SWDH001	98	99	1	159	85	1	0.01	0.05	0.07
SWDH001	99	100	1	306	76	1.3	0.01	0.06	0.22
SWDH001	100	101	1	115	80	1.4	<0.01	0.05	0.04
SWDH001	101	102	1	164.5	81	2.1	<0.01	0.04	0.1
SWDH001	102	103	1	178.5	79	1.8	<0.01	0.05	0.11
SWDH001	103	104	1	59.2	89	1.9	<0.01	0.03	0.04
SWDH001	104	105	1	20.4	80	2	<0.01	0.02	0.01
SWDH001	105	106	1	130	80	1.6	<0.01	0.04	0.08
SWDH001	106	107	1	64.1	84	1.3	<0.01	0.02	0.01
SWDH001	107	108	1	77.3	82	1.3	<0.01	0.04	0.01
SWDH001	108	109	1	176	91	1.4	<0.01	0.04	0.04
SWDH001	109	110	1	62.9	82	1.4	<0.01	0.03	0.01
SWDH001	110	111	1	103.5	70	1.2	<0.01	0.04	0.01

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	111	112	1	94.9	76	1.1	<0.01	0.03	0.02
SWDH001	112	113	1	84.8	67	1.1	<0.01	0.03	0.01
SWDH001	113	114	1	65.1	65	1.2	<0.01	0.03	0.01
SWDH001	114	115	1	99.6	68	1.2	<0.01	0.03	0.01
SWDH001	115	116	1	69.3	63	1.2	<0.01	0.03	0.02
SWDH001	116	117	1	108.5	64	1.2	<0.01	0.03	0.04
SWDH001	117	118	1	77.5	70	1.1	<0.01	0.03	0.05
SWDH001	118	119	1	75.3	76	1.2	<0.01	0.03	0.04
SWDH001	119	120	1	116	89	1.4	<0.01	0.05	0.04
SWDH001	120	121	1	59.8	74	1.4	<0.01	0.03	0.04
SWDH001	121	122	1	72.3	77	1.3	<0.01	0.02	0.03
SWDH001	122	123	1	97	85	1.4	<0.01	0.03	0.16
SWDH001	123	124	1	92	87	1.1	<0.01	0.03	0.08
SWDH001	124	125	1	75.9	73	1.1	<0.01	0.02	0.04
SWDH001	125	126	1	68.8	74	1.1	<0.01	0.03	0.04
SWDH001	126	127	1	55.5	70	1.1	<0.01	0.02	0.02
SWDH001	127	128	1	46.8	73	1.2	<0.01	0.02	0.02
SWDH001	128	129	1	74.3	80	1.1	<0.01	0.03	0.06
SWDH001	129	130	1	61.3	80	1.3	<0.01	0.03	0.04
SWDH001	130	131	1	302	86	1.1	<0.01	0.08	0.25
SWDH001	131	132	1	95.5	84	1.1	<0.01	0.03	0.06
SWDH001	132	133	1	68.8	74	1.4	<0.01	0.03	0.03
SWDH001	133	134	1	64.5	78	1.3	<0.01	0.03	0.02
SWDH001	134	135	1	79	70	1.1	<0.01	0.03	0.07
SWDH001	135	136	1	110.5	71	1	<0.01	0.02	0.11
SWDH001	136	137	1	119.5	74	1.1	<0.01	0.03	0.1
SWDH001	137	138	1	105.5	81	1.1	<0.01	0.04	0.08
SWDH001	138	139	1	75.5	73	1.1	<0.01	0.03	0.07
SWDH001	139	140	1	75.2	73	1	<0.01	0.03	0.06
SWDH001	140	141	1	76	72	1.1	<0.01	0.03	0.05
SWDH001	141	142	1	81.9	70	1.2	<0.01	0.03	0.07
SWDH001	142	143	1	78.8	75	1.5	<0.01	0.02	0.05
SWDH001	143	144	1	67.7	77	1.4	<0.01	0.02	0.05
SWDH001	144	145	1	79.9	69	1.4	<0.01	0.03	0.05
SWDH001	145	146	1	96.8	71	1.6	<0.01	0.04	0.05
SWDH001	146	147	1	103	77	1.5	<0.01	0.03	0.06
SWDH001	147	148	1	156.5	84	1.6	<0.01	0.05	0.05
SWDH001	148	149	1	129	85	1.4	<0.01	0.04	0.06
SWDH001	149	150	1	118.5	84	1.5	<0.01	0.04	0.07
SWDH001	150	151	1	146.5	82	1.4	<0.01	0.05	0.04
SWDH001	151	152	1	107.5	73	1.1	<0.01	0.04	0.07
SWDH001	152	153	1	155	75	1.2	<0.01	0.06	0.07

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	153	154	1	106	70	1.2	<0.01	0.04	0.04
SWDH001	154	155	1	113	70	1	<0.01	0.04	0.04
SWDH001	155	156	1	187	67	0.9	<0.01	0.07	0.08
SWDH001	156	157	1	86.6	67	0.7	<0.01	0.04	0.03
SWDH001	157	158	1	127	69	0.8	<0.01	0.04	0.04
SWDH001	158	159	1	123	63	0.8	<0.01	0.03	0.05
SWDH001	159	160	1	112	66	0.6	<0.01	0.04	0.04
SWDH001	160	161	1	130	65	0.6	0.01	0.05	0.05
SWDH001	161	162	1	154	70	0.8	0.01	0.05	0.05
SWDH001	162	163	1	122.5	63	0.8	<0.01	0.04	0.06
SWDH001	163	164	1	111.5	63	0.9	<0.01	0.04	0.08
SWDH001	164	165	1	137.5	75	1.1	<0.01	0.05	0.04
SWDH001	165	166	1	127	79	0.9	<0.01	0.04	0.04
SWDH001	166	167	1	135	94	1.1	<0.01	0.04	0.09
SWDH001	167	168	1	132.5	84	1	<0.01	0.04	0.08
SWDH001	168	169	1	132.5	80	1	<0.01	0.04	0.06
SWDH001	169	170	1	186.5	81	1.2	0.01	0.07	0.06
SWDH001	170	171	1	139.5	74	0.7	<0.01	0.04	0.05
SWDH001	171	172	1	152.5	71	0.8	<0.01	0.04	0.07
SWDH001	172	173	1	150	77	0.8	<0.01	0.05	0.05
SWDH001	173	174	1	164	76	0.7	<0.01	0.05	0.06
SWDH001	174	175	1	165.5	85	0.7	<0.01	0.05	0.08
SWDH001	175	176	1	161.5	89	0.8	<0.01	0.05	0.08
SWDH001	176	177	1	169	88	1	<0.01	0.04	0.08
SWDH001	177	178	1	161.5	88	1	<0.01	0.05	0.08
SWDH001	178	179	1	145	100	1.2	<0.01	0.04	0.12
SWDH001	179	179.62	0.62	114	118	1.6	<0.01	0.04	0.19
SWDH001	179.62	180.75	1.13	442	93	1.9	<0.01	0.06	0.5
SWDH001	180.75	182	1.25	104.5	83	1.7	<0.01	0.03	0.15
SWDH001	182	183	1	61.1	61	1.6	<0.01	0.02	0.06
SWDH001	183	184	1	65.8	60	1.6	<0.01	0.02	0.05
SWDH001	184	185	1	71	55	1.6	<0.01	0.02	0.06
SWDH001	185	186	1	56.7	55	1.7	<0.01	0.02	0.06
SWDH001	186	187	1	46.9	59	1.5	<0.01	0.02	0.05
SWDH001	187	188	1	50.1	53	1.8	<0.01	0.01	0.05
SWDH001	188	189	1	73.2	54	1.8	<0.01	0.02	0.06
SWDH001	189	190	1	64.9	58	1.7	<0.01	0.01	0.06
SWDH001	190	191	1	84.7	53	1.9	<0.01	0.02	0.08
SWDH001	191	192	1	91.3	54	1.9	<0.01	0.03	0.08
SWDH001	192	193	1	59.2	54	1.9	<0.01	0.02	0.05
SWDH001	193	194	1	67.3	55	1.8	<0.01	0.02	0.04
SWDH001	194	195	1	76	55	1.7	<0.01	0.02	0.05

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 12

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	195	196	1	104.5	59	1.8	<0.01	0.02	0.09
SWDH001	196	197	1	65.2	59	1.7	<0.01	0.01	0.05
SWDH001	197	198	1	63.5	57	1.7	<0.01	0.02	0.05
SWDH001	198	199	1	117.5	58	1.8	<0.01	0.02	0.13
SWDH001	199	200	1	83.3	60	1.7	<0.01	0.02	0.1
SWDH001	200	201	1	44.9	62	1.7	<0.01	0.01	0.06
SWDH001	201	202	1	37.8	60	1.7	<0.01	0.01	0.06
SWDH001	202	203	1	19.4	62	1.7	<0.01	0.01	0.03
SWDH001	203	204	1	44.7	63	1.6	<0.01	0.01	0.09
SWDH001	204	205	1	33.3	59	2.1	<0.01	0.02	0.07
SWDH001	205	206	1	42.5	59	2.3	<0.01	0.02	0.08
SWDH001	206	207	1	46.2	61	2.3	<0.01	0.01	0.07
SWDH001	207	208	1	87	59	2.5	<0.01	0.02	0.13
SWDH001	208	209	1	16.6	54	2.8	<0.01	0.01	0.02
SWDH001	209	210	1	94.9	68	3.1	<0.01	0.03	0.11
SWDH001	210	211	1	19	72	3.3	<0.01	0.01	0.02
SWDH001	211	212	1	84	81	3.7	<0.01	0.03	0.06
SWDH001	212	213	1	25.5	69	4.3	<0.01	0.02	0.01
SWDH001	213	214.26	1.26	27.1	74	3.4	<0.01	0.02	0.01
SWDH001	214.26	215.42	1.16	178	92	2.3	<0.01	0.04	0.12
SWDH001	215.42	216	0.58	105	66	3.7	<0.01	0.03	0.07
SWDH001	216	217	1	37.2	64	3.8	<0.01	0.01	0.02
SWDH001	217	218	1	112.5	58	4.3	<0.01	0.02	0.1
SWDH001	218	219	1	45.7	61	3.4	<0.01	0.02	0.04
SWDH001	219	220	1	46.5	61	3.8	<0.01	0.02	0.04
SWDH001	220	221	1	97.9	66	4.1	<0.01	0.03	0.03
SWDH001	221	222	1	34.9	74	3.1	<0.01	0.02	0.05
SWDH001	222	223	1	114	102	2.7	<0.01	0.02	0.12
SWDH001	223	224	1	135	88	3.7	<0.01	0.03	0.15
SWDH001	224	225	1	161	103	3.2	<0.01	0.04	0.2
SWDH001	225	226	1	87.5	131	3.7	<0.01	0.03	0.15
SWDH001	226	227.33	1.33	84.3	184	8.2	<0.01	0.04	0.56
SWDH001	227.33	227.94	0.61	21.7	316	2.4	<0.01	0.03	0.32
SWDH001	227.94	229	1.06	151.5	115	11.4	<0.01	0.06	1.09
SWDH001	229	230	1	152	99	15.3	<0.01	0.08	1.31
SWDH001	230	231	1	100.5	110	17	<0.01	0.06	0.89
SWDH001	231	232	1	67.9	414	6.8	<0.01	0.04	0.47
SWDH001	232	233	1	82.5	227	10.7	<0.01	0.06	0.6
SWDH001	233	234	1	183.5	139	26.3	<0.01	0.07	1.01
SWDH001	234	235	1	151.5	134	22.3	<0.01	0.12	1.01
SWDH001	235	236	1	228	136	21.6	<0.01	0.12	1.73
SWDH001	236	237	1	40.1	141	22.6	<0.01	0.03	0.28

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 13

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	237	238	1	117.5	66	21.4	<0.01	0.07	1.14
SWDH001	238	239	1	115.5	65	20.3	<0.01	0.07	1.38
SWDH001	239	240	1	88.1	79	20.5	<0.01	0.08	1.18
SWDH001	240	241	1	159	98	19.4	<0.01	0.1	1.86
SWDH001	241	242	1	52.8	160	24	<0.01	0.04	0.74
SWDH001	242	243	1	39.2	54	26.2	<0.01	0.03	0.55
SWDH001	243	244	1	123	209	29.3	0.01	0.1	2.12
SWDH001	244	244.86	0.86	167	333	12.5	<0.01	0.16	3.7
SWDH001	244.86	245.51	0.65	38.7	573	4.6	<0.01	0.05	0.9
SWDH001	245.51	246.68	1.17	169	354	14.4	0.01	0.16	3.37
SWDH001	246.68	247.58	0.9	110.5	207	27.8	0.01	0.08	1.75
SWDH001	247.58	248.56	0.98	89.6	297	24.6	<0.01	0.05	0.77
SWDH001	248.56	249.8	1.24	44.1	149	4.9	<0.01	0.05	0.28
SWDH001	249.8	250	0.2	48.5	144	4.2	<0.01	0.04	0.45
SWDH001	250	251	1	41.5	126	3.2	<0.01	0.06	0.31
SWDH001	251	252	1	28.7	123	2.9	<0.01	0.02	0.19
SWDH001	252	253	1	29.1	115	3	<0.01	0.01	0.26
SWDH001	253	254	1	6.8	37	6.3	0.05	0.01	0.07
SWDH001	254	255	1	29.5	41	7.2	0.11	0.01	0.2
SWDH001	255	256	1	5.8	28	10.4	<0.01	0.01	0.03
SWDH001	256	257	1	10.3	51	11.4	<0.01	0.01	0.04
SWDH001	257	258	1	29.8	17	13.8	<0.01	0.02	0.23
SWDH001	258	259	1	20.3	25	8.7	<0.01	0.03	0.12
SWDH001	259	260	1	28.9	61	7.5	<0.01	0.02	0.1
SWDH001	260	261	1	78.7	93	9.6	<0.01	0.03	0.16
SWDH001	261	262	1	125	100	10.8	<0.01	0.05	0.26
SWDH001	262	263	1	120	112	9.3	<0.01	0.05	0.1
SWDH001	263	264	1	21.3	85	11.2	<0.01	0.03	0.02
SWDH001	264	265	1	45.5	114	10.8	<0.01	0.04	0.1
SWDH001	265	266	1	25.4	93	12.2	<0.01	0.04	0.04
SWDH001	266	267	1	33.6	93	11.3	<0.01	0.09	0.01
SWDH001	267	268	1	46.9	98	14.8	<0.01	0.04	0.05
SWDH001	268	269	1	37.4	108	17.8	<0.01	0.04	0.12
SWDH001	269	270	1	66.7	160	11.2	<0.01	0.06	0.24
SWDH001	270	271	1	48.8	99	16.2	<0.01	0.04	0.19
SWDH001	271	272	1	93.3	142	23.6	<0.01	0.06	0.36
SWDH001	272	273	1	99.1	144	23.9	<0.01	0.06	0.43
SWDH001	273	274	1	115	138	21.7	<0.01	0.08	0.49
SWDH001	274	275	1	109.5	141	18.6	<0.01	0.08	0.5
SWDH001	275	276	1	106.5	141	23.6	<0.01	0.09	0.54
SWDH001	276	277	1	98.5	91	24.8	<0.01	0.09	0.54
SWDH001	277	278	1	109	123	25.1	<0.01	0.08	0.51

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 14

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	278	279	1	75.7	132	21.4	<0.01	0.06	0.39
SWDH001	279	280	1	95.2	116	22	<0.01	0.09	0.37
SWDH001	280	281	1	116.5	135	10.7	<0.01	0.06	0.22
SWDH001	281	282	1	50.6	146	13.8	<0.01	0.04	0.1
SWDH001	282	283	1	44.7	169	17.8	<0.01	0.03	0.05
SWDH001	283	284	1	399	193	17.6	<0.01	0.16	0.44
SWDH001	284	285	1	39.2	108	9.4	<0.01	0.03	0.03
SWDH001	285	286	1	63.1	96	10.7	<0.01	0.06	0.02
SWDH001	286	287	1	61.9	109	12.3	<0.01	0.04	0.04
SWDH001	287	288	1	36.6	142	15.8	<0.01	0.05	0.08
SWDH001	288	289	1	5.3	114	12	<0.01	0.04	<0.01
SWDH001	289	290	1	26.6	213	14	<0.01	0.03	0.04
SWDH001	290	290.48	0.48	46.1	165	12	<0.01	0.04	0.04
SWDH001	290.48	291	0.52	144	155	2.8	<0.01	0.14	1.2
SWDH001	291	292	1	25.9	52	3.9	0.01	0.03	0.42
SWDH001	292	293	1	13.1	55	1.3	<0.01	0.25	0.33
SWDH001	293	294	1	26.1	71	34.9	0.01	0.09	0.13
SWDH001	294	295	1	29.3	63	2.7	<0.01	0.04	0.28
SWDH001	295	296	1	105	145	1.8	<0.01	0.15	1.32
SWDH001	296	296.91	0.91	53.6	236	7.7	<0.01	0.09	0.93
SWDH001	296.91	297.21	0.3	584	3820	32.8	0.01	0.88	7.23
SWDH001	297.21	298	0.79	75.6	1030	42	<0.01	0.18	1.08
SWDH001	298	299	1	12	169	4.3	<0.01	0.03	0.22
SWDH001	299	300	1	4.9	27	3.3	<0.01	0.03	0.14
SWDH001	300	301	1	6.4	21	6.4	<0.01	0.03	0.12
SWDH001	301	302	1	17.7	30	3.4	<0.01	0.05	0.35
SWDH001	302	303	1	7.8	77	5.8	<0.01	0.05	0.08
SWDH001	303	304	1	16.8	44	21.3	<0.01	0.1	0.07
SWDH001	304	305	1	8.2	22	19.2	<0.01	0.06	0.03
SWDH001	305	306	1	5.1	18	23.7	<0.01	0.08	0.03
SWDH001	306	307	1	14.4	24	4.6	<0.01	0.08	0.07
SWDH001	307	308	1	18.8	22	6.2	<0.01	0.04	0.1
SWDH001	308	309	1	7.9	30	37.4	<0.01	0.1	0.03
SWDH001	309	310	1	1	19	3.8	<0.01	0.02	0.01
SWDH001	310	311	1	17.4	29	30.5	<0.01	0.11	0.43
SWDH001	311	312	1	19.4	43	12	<0.01	0.18	0.36
SWDH001	312	313	1	15.4	109	9.2	<0.01	0.08	0.07
SWDH001	313	314	1	128.5	249	52.7	<0.01	0.28	0.34
SWDH001	314	315	1	42.8	123	30.8	<0.01	0.12	0.24
SWDH001	315	316.12	1.12	7.2	37	4.2	<0.01	0.02	0.11
SWDH001	316.12	317.03	0.91	10.4	44	22.5	<0.01	0.03	0.17
SWDH001	317.03	317.46	0.43	385	624	22.3	<0.01	0.33	4.68

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 15

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	317.46	318	0.54	42.9	429	41.2	<0.01	0.04	0.16
SWDH001	318	319	1	62.5	272	34	<0.01	0.04	0.21
SWDH001	319	320	1	76.7	337	19.6	<0.01	0.06	0.68
SWDH001	320	320.58	0.58	68	349	25.6	<0.01	0.09	0.73
SWDH001	320.58	321.14	0.56	190.5	671	15.8	<0.01	0.23	3.22
SWDH001	321.14	322.15	1.01	47.5	699	8.2	<0.01	0.07	0.37
SWDH001	322.15	323	0.85	74.9	291	16	<0.01	0.03	0.08
SWDH001	323	324	1	140	86	8.7	<0.01	0.05	0.33
SWDH001	324	325	1	111.5	103	10.2	<0.01	0.05	0.17
SWDH001	325	326	1	92.7	113	9.2	<0.01	0.07	0.02
SWDH001	326	327	1	75	109	7.8	<0.01	0.05	0.03
SWDH001	327	328	1	68	115	10	<0.01	0.03	0.07
SWDH001	328	329	1	17.2	137	11	<0.01	0.03	0.02
SWDH001	329	330	1	3.3	200	6.8	<0.01	0.03	<0.01
SWDH001	330	331	1	2.1	163	3.9	<0.01	0.03	<0.01
SWDH001	331	332	1	15.8	103	10.1	<0.01	0.03	0.01
SWDH001	332	333	1	31.4	97	7	<0.01	0.04	0.01
SWDH001	333	334	1	99.5	111	5.1	<0.01	0.04	0.06
SWDH001	334	335	1	146	124	4.2	<0.01	0.04	0.09
SWDH001	335	336	1	147.5	108	4	<0.01	0.06	0.09
SWDH001	336	337	1	68	103	4.4	<0.01	0.14	0.03
SWDH001	337	338	1	118.5	95	4.4	<0.01	0.06	0.04
SWDH001	338	339	1	68	87	4.5	<0.01	0.03	0.06
SWDH001	339	340	1	68.5	203	6.2	<0.01	0.04	0.45
SWDH001	340	341	1	24.1	130	4.8	<0.01	0.02	0.02
SWDH001	341	342	1	67.5	110	5.2	<0.01	0.04	0.04
SWDH001	342	343	1	93	141	5.5	<0.01	0.05	0.09
SWDH001	343	344	1	53.3	106	3.7	<0.01	0.05	0.02
SWDH001	344	345	1	93	96	6.4	<0.01	0.05	0.08
SWDH001	345	346	1	72.5	140	6.8	<0.01	0.05	0.1
SWDH001	346	347	1	205	213	6.6	<0.01	0.07	0.33
SWDH001	347	348	1	64.3	132	5.9	<0.01	0.03	0.07
SWDH001	348	349	1	8.6	135	5.8	<0.01	0.02	0.01
SWDH001	349	350	1	17.2	120	5.5	<0.01	0.03	0.02
SWDH001	350	351	1	45.4	103	7	<0.01	0.05	0.02
SWDH001	351	352	1	43.1	118	7.7	<0.01	0.04	0.01
SWDH001	352	352.34	0.34	582	317	5.5	<0.01	0.28	2.21
SWDH001	352.34	353.45	1.11	126	194	10.4	<0.01	0.06	0.25
SWDH001	353.45	353.76	0.31	383	335	10.3	<0.01	0.14	2.09
SWDH001	353.76	355	1.24	110.5	143	9.6	<0.01	0.06	0.25
SWDH001	355	356	1	21.2	63	6.6	<0.01	0.02	0.07
SWDH001	356	357	1	5	68	5.7	<0.01	0.05	0.01

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 16

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	357	358	1	8.6	71	5.3	<0.01	0.02	0.04
SWDH001	358	359	1	41.9	97	6.6	<0.01	0.04	0.06
SWDH001	359	360	1	32.5	94	5.7	<0.01	0.03	0.01
SWDH001	360	361	1	20.2	92	5.1	<0.01	0.03	<0.01
SWDH001	361	362	1	39.2	92	4.8	<0.01	0.04	0.01
SWDH001	362	363	1	59.5	92	5.1	<0.01	0.06	0.01
SWDH001	363	364	1	84.9	88	5.9	<0.01	0.06	0.01
SWDH001	364	365	1	67.4	94	8.8	<0.01	0.02	0.04
SWDH001	365	366	1	96.4	86	8.5	<0.01	0.05	0.05
SWDH001	366	367	1	83.8	81	9.1	<0.01	0.05	0.03
SWDH001	367	368	1	100.5	100	9.8	<0.01	0.06	0.03
SWDH001	368	369	1	58.4	115	11.4	<0.01	0.04	0.02
SWDH001	369	370	1	43.2	105	7.6	<0.01	0.04	0.05
SWDH001	370	371	1	35.7	122	4.6	<0.01	0.04	0.03
SWDH001	371	372	1	76.8	96	4.9	<0.01	0.05	0.03
SWDH001	372	373	1	39.8	111	4	<0.01	0.07	<0.01
SWDH001	373	374	1	40.1	103	4	<0.01	0.03	0.01
SWDH001	374	375	1	56.1	102	5	<0.01	0.05	0.02
SWDH001	375	376	1	34	99	4	<0.01	0.03	0.01
SWDH001	376	377	1	56.9	107	3.5	<0.01	0.04	0.04
SWDH001	377	378	1	108.5	99	3.3	<0.01	0.06	0.06
SWDH001	378	379	1	96.1	90	4.1	<0.01	0.07	0.05
SWDH001	379	380	1	57.7	90	2.9	<0.01	0.07	0.05
SWDH001	380	381	1	15.3	100	0.6	<0.01	0.01	0.03
SWDH001	381	382	1	134	84	7.5	<0.01	0.08	0.05
SWDH001	382	383	1	61.7	87	5	<0.01	0.05	0.02
SWDH001	383	384	1	108	106	4.6	<0.01	0.05	0.08
SWDH001	384	385	1	112	100	5.3	<0.01	0.06	0.06
SWDH001	385	386	1	198	94	6.2	<0.01	0.17	0.06
SWDH001	386	387	1	26.6	82	6.2	<0.01	0.03	0.01
SWDH001	387	388	1	53.3	76	7.7	<0.01	0.05	0.01
SWDH001	388	389	1	11.8	85	6.9	<0.01	0.03	<0.01
SWDH001	389	390	1	10.1	81	6.1	<0.01	0.03	<0.01
SWDH001	390	391	1	9.2	121	3.3	<0.01	0.03	<0.01
SWDH001	391	392	1	18.5	115	9.1	<0.01	0.03	0.01
SWDH001	392	393	1	9.2	130	15.2	<0.01	0.03	0.01
SWDH001	393	394	1	49.5	63	14.6	<0.01	0.04	0.04
SWDH001	394	395	1	25.9	148	14.5	<0.01	0.04	0.03
SWDH001	395	396	1	67.4	126	17.1	<0.01	0.04	0.14
SWDH001	396	397	1	61.8	129	18.9	<0.01	0.06	0.02
SWDH001	397	398	1	35.4	115	15.8	<0.01	0.05	0.01
SWDH001	398	399	1	1.6	175	28.2	<0.01	0.02	<0.01

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 17

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH001	399	400	1	241	984	11.1	0.01	0.24	2.41
SWDH001	400	401.12	1.12	402	1250	16.3	<0.01	0.3	5.6
SWDH001	401.12	402.62	1.5	1.3	2280	8.5	<0.01	0.01	0.01
SWDH001	402.62	402.92	0.3	16.7	2210	12.6	<0.01	0.27	1.44
SWDH001	402.92	403.67	0.75	5.2	2390	8.1	0.01	0.02	0.04
SWDH001	403.67	404	0.33	766	1660	13.4	<0.01	0.39	3.51
SWDH001	404	405.3	1.3	102	567	13	<0.01	0.09	1.31
SWDH001	405.3	406	0.7	21.1	21	0.5	<0.01	0.02	0.11
SWDH001	406	407	1	19.6	33	0.6	<0.01	0.02	0.16
SWDH001	407	407.67	0.67	62.3	57	1	<0.01	0.03	0.19
SWDH001	407.67	408	0.33	38.5	87	7	<0.01	0.03	0.12
SWDH001	408	409	1	25.7	72	4.5	<0.01	0.02	0.07
SWDH001	409	410	1	19	65	4.5	<0.01	0.02	0.03
SWDH001	410	411	1	37.6	88	5	<0.01	0.02	0.07
SWDH001	411	412	1	30.6	103	6	<0.01	0.03	0.06
SWDH001	412	413.3	1.3	33.1	107	2.8	<0.01	0.02	0.14
SWDH001	413.3	414	0.7	41.6	95	2.8	<0.01	0.02	0.21
SWDH001	414	414.68	0.68	1.1	116	3.1	<0.01	0.01	<0.01
SWDH001	414.68	415	0.32	1.4	69	5.3	<0.01	0.02	<0.01
SWDH001	415	416	1	1.2	60	4.3	<0.01	0.02	<0.01
SWDH001	416	417	1	51	56	5.1	<0.01	0.04	<0.01
SWDH001	417	418	1	39.3	61	4.6	<0.01	0.03	<0.01
SWDH001	418	419	1	16.2	67	5.2	<0.01	0.02	<0.01
SWDH001	419	420	1	2.2	81	5.1	<0.01	0.02	<0.01
SWDH001	420	420.46	0.46	2.9	111	2.4	<0.01	0.02	<0.01
SWDH001	420.46	421	0.54	19.3	110	3.5	<0.01	0.02	0.25
SWDH001	421	421.45	0.45	1.1	108	7.5	<0.01	0.02	0.01
SWDH001	421.45	422	0.55	<0.2	163	2.8	<0.01	0.02	<0.01
SWDH001	422	422.47	0.47	30.6	132	3.1	<0.01	0.03	0.05
SWDH001	422.47	423	0.53	10.6	106	5.5	<0.01	0.02	0.01
SWDH001	423	424	1	15.9	92	5.6	<0.01	0.02	0.03
SWDH001	424	425	1	42.3	96	5.3	<0.01	0.03	0.08
SWDH001	425	426	1	105	114	5.7	<0.01	0.03	0.09
SWDH001	426	427.18	1.18	61.6	136	6.1	<0.01	0.04	0.12
SWDH001	427.18	428	0.82	202	229	15.8	<0.01	0.08	0.75
SWDH001	428	429	1	52	89	11.6	<0.01	0.03	0.07
SWDH001	429	430	1	66.8	112	10.9	<0.01	0.04	0.08
SWDH001	430	431	1	77.9	138	11.7	<0.01	0.02	0.13
SWDH001	431	432	1	46	132	10.4	<0.01	0.03	0.08
SWDH001	432	433	1	69.8	131	10.6	<0.01	0.03	0.1
SWDH001	433	434.1	1.1	34	123	9.8	<0.01	0.03	0.08
SWDH002	31.5	32	0.5	352	52	2	0.02	0.12	0.04

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 18

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	32	33	1	49.1	45	2	<0.01	0.03	0.01
SWDH002	33	34	1	39.6	41	2.5	<0.01	0.04	<0.01
SWDH002	34	35	1	36.5	45	2.4	<0.01	0.03	<0.01
SWDH002	35	36	1	25.6	47	2.3	<0.01	0.02	<0.01
SWDH002	36	36.84	0.84	22.2	49	2.3	<0.01	0.02	<0.01
SWDH002	36.84	38	1.16	154.5	59	1.8	<0.01	0.04	0.2
SWDH002	38	39	1	83.7	63	1.7	<0.01	0.04	0.17
SWDH002	39	40	1	212	62	2.7	<0.01	0.08	0.26
SWDH002	40	41	1	324	56	2.3	0.01	0.09	0.31
SWDH002	41	41.64	0.64	201	54	2.9	<0.01	0.05	0.09
SWDH002	41.64	42	0.36	70.1	39	3.5	<0.01	0.05	0.01
SWDH002	42	43	1	113.5	36	3.7	<0.01	0.06	0.02
SWDH002	43	44	1	60.4	39	3	<0.01	0.03	0.01
SWDH002	44	45	1	217	41	3.4	<0.01	0.09	0.05
SWDH002	45	46	1	106	40	3.5	<0.01	0.04	0.02
SWDH002	46	47	1	425	26	4.6	<0.01	0.14	0.13
SWDH002	47	48	1	147	42	4.8	<0.01	0.05	0.08
SWDH002	48	49	1	98	39	3.3	<0.01	0.03	0.04
SWDH002	49	50	1	106.5	36	3.5	<0.01	0.04	0.05
SWDH002	50	51	1	98.2	38	3.4	<0.01	0.04	0.04
SWDH002	51	52	1	41.4	43	3.3	<0.01	0.03	0.01
SWDH002	52	53	1	64	44	3.2	<0.01	0.03	0.03
SWDH002	53	54	1	122	44	2.8	<0.01	0.06	0.02
SWDH002	54	55	1	109	42	3.1	<0.01	0.06	0.01
SWDH002	55	56	1	105.5	40	3.5	<0.01	0.04	0.03
SWDH002	56	57	1	111.5	41	3.3	<0.01	0.05	0.03
SWDH002	57	58	1	88.5	36	3.5	<0.01	0.04	0.03
SWDH002	58	59	1	134	41	3.1	<0.01	0.05	0.04
SWDH002	59	60	1	154	45	2.9	<0.01	0.06	0.07
SWDH002	60	61	1	121	43	3	<0.01	0.05	0.04
SWDH002	61	62	1	149.5	41	3.2	<0.01	0.05	0.06
SWDH002	62	63	1	147	39	3.1	<0.01	0.05	0.05
SWDH002	63	64.3	1.3	132	38	3.2	<0.01	0.06	0.03
SWDH002	64.3	64.71	0.41	104.5	38	3.3	<0.01	0.04	0.03
SWDH002	64.71	66	1.29	90.4	35	3.5	<0.01	0.04	0.02
SWDH002	66	67	1	70.5	36	3.1	<0.01	0.05	0.02
SWDH002	67	68	1	99.4	33	3	<0.01	0.04	0.05
SWDH002	68	69	1	116	33	3	<0.01	0.06	0.07
SWDH002	69	70	1	133.5	37	3	<0.01	0.04	0.07
SWDH002	70	71	1	124.5	35	2.8	<0.01	0.04	0.06
SWDH002	71	72	1	111.5	36	2.7	<0.01	0.04	0.06
SWDH002	72	72.48	0.48	84.8	36	3.1	<0.01	0.03	0.05

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 19

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	72.48	73.25	0.77	47.5	38	3.2	<0.01	0.03	0.03
SWDH002	73.25	74	0.75	140.5	39	2.6	<0.01	0.06	0.05
SWDH002	74	75	1	134	37	2.8	<0.01	0.06	0.06
SWDH002	75	76	1	153.5	37	2.6	<0.01	0.06	0.06
SWDH002	76	77	1	149	39	2.9	<0.01	0.05	0.07
SWDH002	77	78	1	136.5	39	2.6	<0.01	0.06	0.05
SWDH002	78	79.3	1.3	137.5	38	2.7	<0.01	0.05	0.08
SWDH002	79.3	80	0.7	90.1	47	2	<0.01	0.05	0.02
SWDH002	80	81	1	124.5	44	2.3	<0.01	0.05	0.06
SWDH002	81	82	1	129	40	3	<0.01	0.05	0.07
SWDH002	82	83	1	157.5	40	3.1	<0.01	0.06	0.07
SWDH002	83	84	1	101.5	42	2.8	<0.01	0.05	0.03
SWDH002	84	85	1	124.5	44	2.7	<0.01	0.05	0.04
SWDH002	85	86	1	123	40	3.2	<0.01	0.06	0.04
SWDH002	86	87	1	166	43	3.1	<0.01	0.06	0.06
SWDH002	87	88	1	151	42	3.1	<0.01	0.06	0.06
SWDH002	88	89	1	112	42	3	<0.01	0.05	0.05
SWDH002	89	90	1	154	43	3.1	<0.01	0.06	0.07
SWDH002	90	91	1	106.5	46	2.7	<0.01	0.05	0.04
SWDH002	91	92	1	105	43	2.9	<0.01	0.05	0.04
SWDH002	92	93	1	166.5	43	2.6	<0.01	0.07	0.05
SWDH002	93	94	1	169	41	2.7	<0.01	0.06	0.06
SWDH002	94	95	1	266	43	2.5	<0.01	0.11	0.1
SWDH002	95	96	1	230	42	2.6	<0.01	0.09	0.09
SWDH002	96	97	1	173.5	44	2.4	<0.01	0.07	0.07
SWDH002	97	98	1	146.5	45	2.4	<0.01	0.06	0.04
SWDH002	98	99	1	150	45	2.5	<0.01	0.06	0.04
SWDH002	99	100	1	131	46	2.5	<0.01	0.09	0.03
SWDH002	100	101	1	216	49	2.6	<0.01	0.04	0.19
SWDH002	101	102	1	40	58	2.7	<0.01	0.04	0.02
SWDH002	102	103	1	116.5	71	2.6	<0.01	0.04	0.35
SWDH002	103	104.15	1.15	102.5	73	3.7	<0.01	0.02	0.17
SWDH002	104.15	105	0.85	23.9	68	4.7	<0.01	0.02	0.03
SWDH002	105	105.77	0.77	54.7	80	4.5	<0.01	0.03	0.09
SWDH002	105.77	106.61	0.84	66.3	105	5.4	<0.01	0.05	0.35
SWDH002	106.61	107	0.39	194.5	85	13.3	<0.01	0.06	1.54
SWDH002	107	108	1	119.5	55	13.5	0.01	0.04	0.88
SWDH002	108	109	1	131	50	14.6	0.01	0.08	1.09
SWDH002	109	110	1	85.8	61	16.6	<0.01	0.04	0.62
SWDH002	110	110.85	0.85	119	48	14.8	<0.01	0.07	0.99
SWDH002	110.85	111.4	0.55	434	102	16.5	0.01	0.24	4.02
SWDH002	111.4	112.65	1.25	150	56	21.5	<0.01	0.1	1.61

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 20

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	112.65	113.44	0.79	18.4	149	3.4	<0.01	0.04	0.22
SWDH002	113.44	114	0.56	144	50	20.9	<0.01	0.09	1.62
SWDH002	114	115.25	1.25	166.5	49	17.4	<0.01	0.09	1.73
SWDH002	115.25	116	0.75	264	93	16.1	0.01	0.13	2.06
SWDH002	116	117	1	95.1	57	14.8	<0.01	0.06	0.7
SWDH002	117	118	1	90.6	90	14	<0.01	0.04	0.56
SWDH002	118	118.88	0.88	205	154	21.2	<0.01	0.1	1.07
SWDH002	118.88	119.45	0.57	39	263	5.3	<0.01	0.04	0.25
SWDH002	119.45	120.13	0.68	39.8	205	2.7	<0.01	0.03	0.25
SWDH002	120.13	121	0.87	81.9	172	17.4	<0.01	0.05	0.44
SWDH002	121	121.72	0.72	120	144	14.6	<0.01	0.06	0.8
SWDH002	121.72	122.3	0.58	257	111	17	<0.01	0.1	1.84
SWDH002	122.3	123.3	1	83.6	124	19.5	<0.01	0.04	0.35
SWDH002	123.3	124	0.7	123	115	2.6	<0.01	0.04	0.1
SWDH002	124	125	1	199	102	2.4	<0.01	0.05	0.11
SWDH002	125	126	1	249	99	2	<0.01	0.06	0.15
SWDH002	126	127	1	142.5	96	1.9	0.01	0.07	0.03
SWDH002	127	128	1	197	100	1.6	<0.01	0.07	0.09
SWDH002	128	129	1	171.5	98	1.7	<0.01	0.05	0.1
SWDH002	129	130	1	184	101	1.9	<0.01	0.06	0.1
SWDH002	130	131	1	177.5	104	2.1	<0.01	0.06	0.1
SWDH002	131	132	1	165	104	2.3	<0.01	0.05	0.1
SWDH002	132	132.42	0.42	102.5	140	2.9	<0.01	0.02	0.12
SWDH002	132.42	133.2	0.78	61	98	23	<0.01	0.03	0.22
SWDH002	133.2	134.46	1.26	112.5	69	23	0.01	0.06	0.83
SWDH002	134.46	135	0.54	108.5	118	20.4	<0.01	0.08	0.93
SWDH002	135	136	1	98.2	71	17.9	0.01	0.06	0.91
SWDH002	136	136.64	0.64	85.8	65	16.1	0.01	0.07	1.01
SWDH002	136.64	137	0.36	103	96	32	0.01	0.08	1.21
SWDH002	137	138	1	240	81	18	0.01	0.15	3.03
SWDH002	138	139	1	266	62	18.2	<0.01	0.19	2.82
SWDH002	139	140	1	193.5	135	31.8	<0.01	0.15	2.93
SWDH002	140	141.16	1.16	160	199	36.1	<0.01	0.15	2.55
SWDH002	141.16	141.6	0.44	99.4	190	3.2	<0.01	0.09	2.02
SWDH002	141.6	142.81	1.21	41.1	311	6.9	<0.01	0.05	1.01
SWDH002	142.81	144	1.19	243	279	19.2	<0.01	0.21	4.99
SWDH002	144	145	1	279	453	59.5	0.01	0.28	5.39
SWDH002	145	145.39	0.39	166.5	755	7.2	0.01	0.2	4.77
SWDH002	145.39	145.88	0.49	132.5	488	23.7	<0.01	0.12	3.29
SWDH002	145.88	146.92	1.04	82.9	253	36.1	0.02	0.09	1.66
SWDH002	146.92	148	1.08	3.9	189	14.4	<0.01	0.02	0.06
SWDH002	148	149.14	1.14	3.7	190	11.4	<0.01	0.01	0.06

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 21

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	149.14	149.67	0.53	1.6	206	8.3	<0.01	0.02	0.01
SWDH002	149.67	150	0.33	52.1	145	12.1	<0.01	0.04	0.38
SWDH002	150	151.19	1.19	26.2	159	7.1	<0.01	0.03	0.17
SWDH002	151.19	152	0.81	14.6	179	7	<0.01	0.02	0.11
SWDH002	152	152.87	0.87	23.2	156	6.7	<0.01	0.02	0.16
SWDH002	152.87	153.61	0.74	40.7	131	6.5	<0.01	0.04	0.33
SWDH002	153.61	154	0.39	179	144	4.8	<0.01	0.06	0.81
SWDH002	154	155.17	1.17	88.5	127	3.6	<0.01	0.03	0.45
SWDH002	155.17	156	0.83	39.1	145	3.4	<0.01	0.02	0.26
SWDH002	156	157.12	1.12	28.2	137	3.2	<0.01	0.02	0.16
SWDH002	157.12	158	0.88	66.5	140	3.3	<0.01	0.04	0.1
SWDH002	158	159	1	43.4	130	3	<0.01	0.02	0.09
SWDH002	159	160.13	1.13	55.4	128	2.7	<0.01	0.03	0.12
SWDH002	160.13	161	0.87	40.4	121	2.5	<0.01	0.02	0.17
SWDH002	161	161.94	0.94	38.5	118	3.2	<0.01	0.03	0.17
SWDH002	161.94	163	1.06	38.4	146	3.6	<0.01	0.03	0.09
SWDH002	163	164	1	35	139	3.8	<0.01	0.02	0.09
SWDH002	164	165	1	22.1	158	3.5	<0.01	0.02	0.04
SWDH002	165	166	1	16.3	89	3.8	<0.01	0.03	0.05
SWDH002	166	167.09	1.09	17.8	42	5.7	<0.01	0.02	0.05
SWDH002	167.09	168.17	1.08	37.2	128	3.6	<0.01	0.03	0.06
SWDH002	168.17	169	0.83	113.5	23	6	<0.01	0.04	0.49
SWDH002	169	170	1	18.6	19	5.7	<0.01	0.02	0.16
SWDH002	170	171	1	10.8	25	5.9	<0.01	0.04	0.09
SWDH002	171	172	1	5.9	36	6	<0.01	0.01	0.06
SWDH002	172	173	1	4.1	37	6.2	<0.01	0.02	0.05
SWDH002	173	174	1	4.9	31	6.5	<0.01	0.01	0.05
SWDH002	174	175	1	3.6	27	6.6	<0.01	0.02	0.02
SWDH002	175	176	1	11.6	20	6.5	<0.01	0.02	0.06
SWDH002	176	177	1	10.4	24	7.1	0.01	0.02	0.08
SWDH002	177	178	1	23.9	27	7.5	0.02	0.03	0.12
SWDH002	178	179	1	2.4	29	7	<0.01	0.02	0.01
SWDH002	179	180	1	1.1	29	5.4	<0.01	0.01	0.01
SWDH002	180	180.93	0.93	7.4	26	6	<0.01	0.01	0.02
SWDH002	180.93	182	1.07	46.8	137	3.1	<0.01	0.03	0.1
SWDH002	182	183	1	67.1	171	3.3	<0.01	0.05	0.18
SWDH002	183	184	1	57.8	165	3.1	<0.01	0.03	0.11
SWDH002	184	184.86	0.86	57.1	156	3.3	<0.01	0.03	0.17
SWDH002	184.86	186	1.14	16	29	6.2	<0.01	0.02	0.15
SWDH002	186	187	1	14.4	28	6.1	<0.01	0.03	0.12
SWDH002	187	188	1	11.9	32	6.9	<0.01	0.02	0.18
SWDH002	188	189	1	3.8	51	7.1	<0.01	0.06	0.03

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 22

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	189	190	1	2.7	58	6.4	<0.01	0.02	0.03
SWDH002	190	191	1	10.9	53	6.4	<0.01	0.02	0.11
SWDH002	191	192	1	3.6	55	6.8	<0.01	0.03	0.04
SWDH002	192	193	1	5.3	53	6.6	<0.01	0.02	0.04
SWDH002	193	194	1	4.4	47	6.7	<0.01	0.02	0.03
SWDH002	194	195	1	22.1	38	6.7	<0.01	0.02	0.08
SWDH002	195	195.76	0.76	19.6	36	6.7	0.01	0.01	0.05
SWDH002	195.76	196.7	0.94	80.6	104	5.5	<0.01	0.03	0.13
SWDH002	196.7	198	1.3	160	109	8.4	0.04	0.17	0.01
SWDH002	198	199	1	92.4	117	7.1	<0.01	0.05	0.05
SWDH002	199	200	1	43.1	117	7.6	0.01	0.05	0.01
SWDH002	200	201	1	94.4	112	7.3	0.02	0.07	0.03
SWDH002	201	201.3	0.3	13.2	107	5.7	0.02	0.03	0.02
SWDH002	201.3	202	0.7	99.9	112	11	<0.01	0.05	0.28
SWDH002	202	203	1	96.4	106	12.4	<0.01	0.06	0.42
SWDH002	203	204	1	69.2	114	14.2	<0.01	0.04	0.32
SWDH002	204	204.35	0.35	108	126	17.4	<0.01	0.07	0.34
SWDH002	204.35	205	0.65	39.9	119	8.9	<0.01	0.05	0.12
SWDH002	205	206	1	39	124	8.5	<0.01	0.04	0.15
SWDH002	206	207.08	1.08	27.7	92	8.5	<0.01	0.04	0.07
SWDH002	207.08	208.1	1.02	14.1	56	20.2	<0.01	0.03	0.03
SWDH002	208.1	209	0.9	98.9	141	6.9	<0.01	0.07	0.2
SWDH002	209	209.28	0.28	29.7	141	9	<0.01	0.04	0.06
SWDH002	209.28	210	0.72	79.4	130	28.9	<0.01	0.06	0.2
SWDH002	210	211	1	68.1	127	20.6	<0.01	0.06	0.18
SWDH002	211	212	1	56.7	132	20.3	<0.01	0.04	0.15
SWDH002	212	213.11	1.11	67.2	128	20.1	<0.01	0.05	0.19
SWDH002	213.11	213.45	0.34	98.7	153	18.8	<0.01	0.08	0.29
SWDH002	213.45	214	0.55	62	113	15.8	<0.01	0.05	0.17
SWDH002	214	215	1	43.4	180	14.4	<0.01	0.05	0.12
SWDH002	215	215.6	0.6	9.1	128	6.7	<0.01	0.03	0.03
SWDH002	215.6	216.16	0.56	88	128	11.2	<0.01	0.07	0.29
SWDH002	216.16	216.89	0.73	94.8	125	17.1	<0.01	0.06	0.31
SWDH002	216.89	218	1.11	154	127	15.7	<0.01	0.12	0.57
SWDH002	218	218.42	0.42	83	154	12.6	<0.01	0.08	0.38
SWDH002	218.42	219	0.58	100.5	135	19.1	<0.01	0.1	0.49
SWDH002	219	220	1	103	143	18.9	<0.01	0.11	0.57
SWDH002	220	221	1	109	132	17.5	<0.01	0.11	0.55
SWDH002	221	222	1	114.5	125	17.5	<0.01	0.14	0.61
SWDH002	222	223.24	1.24	106.5	134	15.5	<0.01	0.11	0.67
SWDH002	223.24	224.28	1.04	126	140	12.1	<0.01	0.11	0.66
SWDH002	224.28	225	0.72	121	129	20.5	<0.01	0.09	0.52

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 23

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	225	226	1	101.5	149	19.1	<0.01	0.1	0.5
SWDH002	226	227	1	86.3	110	21.2	<0.01	0.08	0.45
SWDH002	227	228	1	106.5	67	22	<0.01	0.09	0.65
SWDH002	228	229	1	94	84	24.6	0.01	0.08	0.42
SWDH002	229	230.18	1.18	127.5	95	18.7	<0.01	0.08	0.56
SWDH002	230.18	231	0.82	53.3	104	8.2	<0.01	0.04	0.09
SWDH002	231	232	1	121.5	130	6.8	<0.01	0.06	0.2
SWDH002	232	233	1	108	133	6.7	<0.01	0.05	0.23
SWDH002	233	234	1	161	137	4.2	<0.01	0.07	0.41
SWDH002	234	234.75	0.75	62.8	118	3.8	<0.01	0.04	0.09
SWDH002	234.75	236	1.25	75.2	109	4.2	<0.01	0.03	0.14
SWDH002	236	237	1	67.4	107	4.3	<0.01	0.04	0.12
SWDH002	237	238	1	70.8	109	4.1	<0.01	0.05	0.12
SWDH002	238	239	1	66.3	106	4.2	<0.01	0.04	0.12
SWDH002	239	240.2	1.2	76.1	103	3.9	<0.01	0.03	0.12
SWDH002	240.2	241	0.8	41.9	97	4	<0.01	0.04	0.06
SWDH002	241	242	1	49.1	86	3.9	<0.01	0.02	0.07
SWDH002	242	243	1	62.3	94	3.7	<0.01	0.03	0.09
SWDH002	243	244	1	62	93	3.7	<0.01	0.04	0.09
SWDH002	244	245	1	34.6	94	4	<0.01	0.03	0.04
SWDH002	245	245.5	0.5	65.6	114	3.7	<0.01	0.04	0.13
SWDH002	245.5	246	0.5	34.7	124	3.5	<0.01	0.03	0.07
SWDH002	246	247	1	55.2	136	3.6	<0.01	0.02	0.11
SWDH002	247	248	1	40.3	137	3.7	<0.01	0.03	0.09
SWDH002	248	249	1	84.8	144	3.2	<0.01	0.01	0.17
SWDH002	249	250	1	55.5	138	3.5	<0.01	<0.01	0.12
SWDH002	250	251	1	54.2	129	4.2	<0.01	0.01	0.13
SWDH002	251	252	1	65.5	127	3.9	<0.01	0.03	0.15
SWDH002	252	253.1	1.1	181	109	4.3	<0.01	0.04	0.39
SWDH002	253.1	254	0.9	88	96	4.2	<0.01	0.01	0.17
SWDH002	254	255	1	47.6	105	4	<0.01	0.02	0.1
SWDH002	255	256	1	45.8	98	3.8	<0.01	0.01	0.1
SWDH002	256	257	1	47.3	97	3.3	<0.01	0.01	0.09
SWDH002	257	258	1	67	100	3.2	<0.01	0.02	0.13
SWDH002	258	259	1	56.2	102	4	<0.01	0.01	0.11
SWDH002	259	260	1	63.4	104	4.4	<0.01	0.02	0.12
SWDH002	260	261	1	64.8	111	4.4	<0.01	0.02	0.12
SWDH002	261	262.2	1.2	61.3	108	4.8	<0.01	0.01	0.14
SWDH002	262.2	263.56	1.36	45.4	107	4	<0.01	0.03	0.08
SWDH002	263.56	264	0.44	68.6	116	5	<0.01	0.03	0.13
SWDH002	264	265	1	66.2	119	6	<0.01	0.03	0.12
SWDH002	265	266	1	58.8	116	5.2	<0.01	0.02	0.13

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 24

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	266	267	1	64.5	114	5.2	<0.01	0.03	0.11
SWDH002	267	268	1	74.7	110	4.7	<0.01	0.02	0.13
SWDH002	268	269	1	67.9	117	4.4	<0.01	0.04	0.11
SWDH002	269	270	1	29.4	113	4.5	<0.01	0.04	0.06
SWDH002	270	271	1	82.7	111	4.3	<0.01	0.03	0.17
SWDH002	271	272	1	59.2	112	4.7	<0.01	0.05	0.11
SWDH002	272	273	1	65.8	110	5.4	<0.01	0.05	0.11
SWDH002	273	274	1	70.1	105	4.5	<0.01	0.04	0.12
SWDH002	274	275	1	71.8	102	3.9	<0.01	0.03	0.13
SWDH002	275	276	1	60.5	107	3.9	<0.01	0.04	0.1
SWDH002	276	277	1	65.1	107	3.9	<0.01	0.02	0.1
SWDH002	277	278	1	64.7	107	4.1	<0.01	0.03	0.11
SWDH002	278	279	1	98	105	3.8	<0.01	0.03	0.15
SWDH002	279	280	1	74.6	106	3.9	<0.01	0.04	0.11
SWDH002	280	281	1	59	106	4.4	<0.01	0.03	0.07
SWDH002	281	282.25	1.25	83.6	104	3.8	<0.01	0.02	0.19
SWDH002	282.25	283	0.75	68.7	117	4.4	<0.01	0.03	0.13
SWDH002	283	284	1	75.3	108	4	<0.01	0.03	0.14
SWDH002	284	285	1	66.2	111	3.7	<0.01	0.03	0.11
SWDH002	285	286	1	75.5	114	4.2	<0.01	0.03	0.15
SWDH002	286	287	1	70.3	109	3.9	<0.01	0.02	0.13
SWDH002	287	288	1	69.5	105	4	<0.01	0.01	0.12
SWDH002	288	289	1	76.1	113	4.2	<0.01	0.03	0.13
SWDH002	289	290	1	76.6	116	4.7	<0.01	0.02	0.16
SWDH002	290	291	1	99.3	111	4.1	<0.01	0.03	0.23
SWDH002	291	292	1	63.9	113	4.2	<0.01	0.04	0.07
SWDH002	292	292.79	0.79	162	135	7.2	<0.01	0.05	0.28
SWDH002	292.79	294	1.21	84.7	129	7	<0.01	0.03	0.08
SWDH002	294	295	1	65.3	86	7.9	<0.01	0.04	0.04
SWDH002	295	296	1	65.1	90	6.9	<0.01	0.04	0.03
SWDH002	296	297	1	54.3	96	8.1	<0.01	0.03	0.02
SWDH002	297	297.8	0.8	58.3	115	11.7	<0.01	0.06	0.04
SWDH002	297.8	298.55	0.75	556	4310	131.5	0.01	0.55	4
SWDH002	298.55	299	0.45	58	129	13.4	<0.01	0.05	0.22
SWDH002	299	300	1	59.3	120	8	<0.01	0.04	0.08
SWDH002	300	300.5	0.5	81.7	107	5.9	<0.01	0.04	0.07
SWDH002	300.5	301	0.5	104	106	5.9	<0.01	0.04	0.13
SWDH002	301	302	1	77.8	100	5.7	<0.01	0.05	0.08
SWDH002	302	303	1	145.5	130	5.8	<0.01	0.06	0.23
SWDH002	303	304	1	73.2	110	6.6	<0.01	0.04	0.12
SWDH002	304	305	1	111.5	106	6.1	<0.01	0.05	0.16
SWDH002	305	306	1	80.4	94	5	<0.01	0.04	0.13

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 25

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	306	307	1	80.1	96	3.8	<0.01	0.04	0.08
SWDH002	307	308.25	1.25	83.2	92	4.5	<0.01	0.04	0.07
SWDH002	308.25	309	0.75	79.1	102	6	<0.01	0.04	0.11
SWDH002	309	310	1	64.6	91	6.9	<0.01	0.03	0.06
SWDH002	310	311	1	94.2	86	5.3	<0.01	0.04	0.08
SWDH002	311	312	1	65.6	91	5.4	0.01	0.04	0.05
SWDH002	312	313	1	65.7	94	6.3	0.01	0.04	0.05
SWDH002	313	314	1	66.3	111	6.2	<0.01	0.04	0.16
SWDH002	314	315	1	68	299	20.5	<0.01	0.09	0.39
SWDH002	315	315.65	0.65	356	523	57.6	<0.01	0.4	2.02
SWDH002	315.65	316	0.35	383	2030	67.4	0.01	0.62	6.81
SWDH002	316	317	1	445	2100	114.5	<0.01	0.78	9.06
SWDH002	317	318	1	533	2800	126	0.01	1.51	8.61
SWDH002	318	318.5	0.5	479	2920	95	0.01	1.03	6.92
SWDH002	318.5	319	0.5	19.5	118	6.1	0.01	0.02	0.36
SWDH002	319	320	1	15.7	90	6.1	0.01	0.03	0.32
SWDH002	320	321	1	16.1	55	8.7	<0.01	0.02	0.22
SWDH002	321	322	1	12.7	37	25.7	<0.01	0.08	0.22
SWDH002	322	323	1	30.2	33	12.3	<0.01	0.03	0.08
SWDH002	323	324	1	31.7	75	14.8	<0.01	0.05	0.01
SWDH002	324	325	1	95.7	74	7.2	<0.01	0.04	0.02
SWDH002	325	326	1	76.2	78	8.7	<0.01	0.04	0.01
SWDH002	326	327.32	1.32	36.4	98	8.9	<0.01	0.03	0.05
SWDH002	327.32	329.26	1.94	53.5	22	<0.5	<0.01	0.03	0.43
SWDH002	329.26	329.7	0.44	2.6	95	18.8	<0.01	0.02	0.01
SWDH002	329.7	330	0.3	21.6	38	3.2	<0.01	0.01	0.08
SWDH002	330	331	1	10.2	26	3.2	<0.01	0.04	0.19
SWDH002	331	332	1	13.1	49	4.4	<0.01	0.06	0.23
SWDH002	332	333	1	10.4	36	12	<0.01	0.05	0.15
SWDH002	333	334	1	49.4	122	60.9	<0.01	0.3	0.53
SWDH002	334	335	1	48.8	157	12.7	<0.01	0.12	0.49
SWDH002	335	336	1	67.1	142	9.8	<0.01	0.16	0.57
SWDH002	336	337	1	72.2	149	61.3	<0.01	0.37	0.53
SWDH002	337	338	1	50.5	135	44.9	<0.01	0.17	0.38
SWDH002	338	339	1	18.2	52	7.5	<0.01	0.06	0.29
SWDH002	339	340	1	10.1	48	1.4	<0.01	0.02	0.22
SWDH002	340	341	1	8.3	91	5.2	<0.01	0.04	0.2
SWDH002	341	342	1	104.5	202	5.1	<0.01	0.1	0.69
SWDH002	342	343	1	86.5	846	36.6	<0.01	0.09	0.71
SWDH002	343	344	1	57.4	231	37.4	<0.01	0.05	0.27
SWDH002	344	344.73	0.73	20	612	45	<0.01	0.03	0.14
SWDH002	344.73	346	1.27	112.5	286	12.1	<0.01	0.11	1.01

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 26

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	346	346.83	0.83	196.5	921	17.5	<0.01	0.12	1.83
SWDH002	346.83	348.38	1.55	452	409	13.9	<0.01	0.37	3.58
SWDH002	348.38	349	0.62	68.5	384	30.3	<0.01	0.04	0.13
SWDH002	349	350	1	37	227	19.2	<0.01	0.03	0.08
SWDH002	350	350.98	0.98	34.2	220	15.3	<0.01	0.03	0.06
SWDH002	350.98	351.5	0.52	378	292	10.4	<0.01	0.24	2.19
SWDH002	351.5	352	0.5	2.4	84	14.7	<0.01	0.02	0.01
SWDH002	352	353	1	10.8	94	12.1	<0.01	0.03	0.02
SWDH002	353	354	1	62.5	126	12.6	<0.01	0.03	0.12
SWDH002	354	355	1	59.3	84	9	<0.01	0.03	0.08
SWDH002	355	356	1	62.3	93	10.2	<0.01	0.04	0.03
SWDH002	356	357	1	103	93	11.2	<0.01	0.04	0.07
SWDH002	357	357.52	0.52	256	222	15.8	<0.01	0.09	0.94
SWDH002	357.52	358.72	1.2	72.7	127	11.6	<0.01	0.05	0.06
SWDH002	358.72	359.29	0.57	34.6	138	6.8	0.01	0.06	<0.01
SWDH002	359.29	360	0.71	26.9	83	14.2	<0.01	0.04	<0.01
SWDH002	360	361	1	39.7	78	14	0.01	0.04	0.01
SWDH002	361	362	1	15.2	148	18.3	<0.01	0.03	0.01
SWDH002	362	363	1	75	108	21.9	<0.01	0.07	0.01
SWDH002	363	364	1	62.6	154	50.2	<0.01	0.09	0.01
SWDH002	364	365	1	65.6	374	81.5	<0.01	0.07	0.02
SWDH002	365	366	1	57.2	142	47.5	<0.01	0.05	0.01
SWDH002	366	367	1	37.8	104	23.1	<0.01	0.05	<0.01
SWDH002	367	368	1	82	93	13.6	<0.01	0.05	0.02
SWDH002	368	369	1	42.5	79	12.4	<0.01	0.04	0.01
SWDH002	369	370	1	38.1	85	10.8	<0.01	0.02	0.02
SWDH002	370	371	1	90.9	108	7.8	<0.01	0.04	0.05
SWDH002	371	372	1	87.9	103	9.1	<0.01	0.03	0.06
SWDH002	372	372.5	0.5	105	107	8.2	<0.01	0.04	0.08
SWDH002	372.5	374	1.5	122	121	5.2	<0.01	0.05	0.1
SWDH002	374	374.45	0.45	182	121	4.9	<0.01	0.05	0.17
SWDH002	374.45	375	0.55	108.5	107	4.5	<0.01	0.03	0.09
SWDH002	375	376	1	70.2	99	5.2	<0.01	0.03	0.07
SWDH002	376	377	1	52.9	103	5.5	<0.01	0.04	0.02
SWDH002	377	378	1	116	85	5.7	<0.01	0.04	0.1
SWDH002	378	378.64	0.64	52.6	74	8	<0.01	0.03	0.16
SWDH002	378.64	379	0.36	245	194	11.6	<0.01	0.08	0.56
SWDH002	379	380	1	70.2	108	6.5	<0.01	0.03	0.1
SWDH002	380	381	1	95.6	116	6.5	<0.01	0.04	0.14
SWDH002	381	381.36	0.36	109.5	113	8.7	<0.01	0.04	0.11
SWDH002	381.36	382	0.64	24.7	206	23.7	<0.01	0.03	0.03
SWDH002	382	383	1	64.2	97	22.3	<0.01	0.05	0.09

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 27

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	383	384	1	90.3	109	29.9	<0.01	0.09	0.01
SWDH002	384	384.75	0.75	72.8	182	69.1	<0.01	0.04	0.08
SWDH002	384.75	385.59	0.84	155.5	2190	70.9	<0.01	0.18	1.17
SWDH002	385.59	386.16	0.57	143	121	29.3	<0.01	0.07	0.64
SWDH002	386.16	386.93	0.77	26.7	173	24.9	<0.01	0.04	0.07
SWDH002	386.93	387.39	0.46	4.5	82	63.6	<0.01	0.03	0.01
SWDH002	387.39	388	0.61	31.6	98	11.6	<0.01	0.03	0.03
SWDH002	388	389	1	62.5	90	14.4	<0.01	0.04	0.03
SWDH002	389	390	1	60.3	131	19.6	<0.01	0.04	0.03
SWDH002	390	391	1	78.6	97	13.6	<0.01	0.05	0.04
SWDH002	391	392	1	52.4	112	14	<0.01	0.03	0.02
SWDH002	392	393	1	78.9	86	13.8	<0.01	0.04	0.04
SWDH002	393	394	1	130.5	202	61.4	<0.01	0.09	0.06
SWDH002	394	394.75	0.75	35.6	70	11.9	<0.01	0.03	0.02
SWDH002	394.75	396	1.25	63.4	90	10.6	<0.01	0.04	0.01
SWDH002	396	397	1	33.1	91	10.4	<0.01	0.02	0.01
SWDH002	397	398	1	73.5	102	19.2	<0.01	0.03	0.04
SWDH002	398	399	1	66	111	17.6	<0.01	0.03	0.05
SWDH002	399	400	1	55.7	137	32.5	<0.01	0.05	0.02
SWDH002	400	401	1	74.9	104	22	<0.01	0.06	0.03
SWDH002	401	402	1	81	103	18.8	<0.01	0.06	0.07
SWDH002	402	403	1	128.5	133	18.9	<0.01	0.07	0.1
SWDH002	403	404	1	94.5	98	13.8	<0.01	0.04	0.07
SWDH002	404	405	1	85.9	92	11.9	<0.01	0.04	0.06
SWDH002	405	406	1	101.5	175	14.8	<0.01	0.06	0.06
SWDH002	406	407	1	48.1	147	15.9	<0.01	0.03	0.04
SWDH002	407	408	1	65.2	80	11.1	<0.01	0.04	0.03
SWDH002	408	408.53	0.53	116	114	12.5	<0.01	0.06	0.38
SWDH002	408.53	409.06	0.53	2.6	282	1.6	<0.01	0.01	<0.01
SWDH002	409.06	409.36	0.3	238	199	6.5	<0.01	0.11	0.84
SWDH002	409.36	410	0.64	56.4	130	6.5	<0.01	0.03	0.15
SWDH002	410	411.05	1.05	114.5	96	4.5	<0.01	0.03	0.15
SWDH002	411.05	412	0.95	84.1	93	3.7	<0.01	0.05	0.3
SWDH002	412	413	1	60.2	87	3.3	<0.01	0.03	0.08
SWDH002	413	414	1	58.2	94	2.8	<0.01	0.02	0.08
SWDH002	414	415	1	101	89	3.8	<0.01	0.03	0.14
SWDH002	415	416	1	59.8	87	3.8	<0.01	0.04	0.12
SWDH002	416	417	1	103	105	3.2	<0.01	0.05	0.32
SWDH002	417	418	1	37.9	126	1.9	<0.01	0.03	0.04
SWDH002	418	419	1	80.6	93	2.6	<0.01	0.03	0.09
SWDH002	419	420	1	92.5	84	3.8	<0.01	0.05	0.16
SWDH002	420	421.1	1.1	109	90	3.4	<0.01	0.05	0.06

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 28

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH002	421.1	422	0.9	89.3	88	3.1	<0.01	0.05	0.05
SWDH002	422	423	1	98.7	92	2.8	<0.01	0.05	0.06
SWDH002	423	424	1	67	91	2.6	<0.01	0.03	0.06
SWDH002	424	425	1	117	100	2.6	<0.01	0.03	0.1
SWDH002	425	426	1	126	97	2.4	<0.01	0.04	0.09
SWDH002	426	427	1	197.5	95	2.7	<0.01	0.08	0.03
SWDH002	427	428	1	65.5	92	2.7	<0.01	0.03	0.03
SWDH002	428	429	1	81.4	96	2.3	<0.01	0.04	0.04
SWDH002	429	430	1	86.2	95	2.6	<0.01	0.04	0.05
SWDH002	430	431	1	98.5	96	3.1	<0.01	0.03	0.05
SWDH002	431	432	1	90.7	97	3	<0.01	0.05	0.03
SWDH003	34.4	35	0.6	178	100	2.3	<0.01	0.05	0.48
SWDH003	35	36	1	40.2	63	4.6	<0.01	0.05	0.09
SWDH003	36	36.52	0.52	31.1	73	3.7	<0.01	0.03	0.05
SWDH003	36.52	36.85	0.33	530	69	4.8	<0.01	0.08	2.35
SWDH003	36.85	37.28	0.43	118.5	66	4.9	<0.01	0.04	0.28
SWDH003	37.28	37.8	0.52	775	72	4.9	0.01	0.11	0.93
SWDH003	37.8	39	1.2	118.5	57	4.6	<0.01	0.04	0.25
SWDH003	39	40	1	67.7	66	3.3	<0.01	0.03	0.17
SWDH003	40	41	1	52	65	2.7	<0.01	0.02	0.18
SWDH003	41	42	1	161.5	70	2.2	<0.01	0.03	0.72
SWDH003	42	42.8	0.8	52.6	67	2.7	<0.01	0.02	0.17
SWDH003	42.8	43.11	0.31	139.5	93	1.3	<0.01	0.03	0.5
SWDH003	43.11	44	0.89	100.5	72	2.1	<0.01	0.04	0.3
SWDH003	44	45	1	32.8	63	2.2	<0.01	0.02	0.1
SWDH003	45	46	1	46.9	69	2.8	<0.01	0.02	0.16
SWDH003	46	47	1	47	69	2.8	<0.01	0.03	0.13
SWDH003	47	48	1	139.5	87	3.5	<0.01	0.05	0.25
SWDH003	48	49	1	162	99	4	<0.01	0.04	0.35
SWDH003	49	49.58	0.58	132.5	85	3.9	<0.01	0.05	0.27
SWDH003	49.58	49.91	0.33	792	75	3.9	<0.01	0.13	1.6
SWDH003	49.91	51	1.09	81.4	90	3.6	<0.01	0.04	0.17
SWDH003	51	52	1	59.3	87	3.8	<0.01	0.03	0.08
SWDH003	52	53	1	68.7	97	3.1	<0.01	0.03	0.07
SWDH003	53	54	1	144	87	3.6	<0.01	0.06	0.24
SWDH003	54	55	1	32.1	87	2.7	<0.01	0.03	0.05
SWDH003	55	56	1	46.9	80	2.9	<0.01	0.03	0.13
SWDH003	56	57	1	61.2	72	2.8	<0.01	0.03	0.16
SWDH003	57	58	1	42.1	82	2.2	<0.01	0.01	0.13
SWDH003	58	59	1	44	87	2.4	<0.01	0.02	0.13
SWDH003	59	60	1	79.7	92	3.3	<0.01	0.03	0.19
SWDH003	60	61	1	29.7	93	3	<0.01	0.02	0.04

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 29

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	61	61.75	0.75	25	96	3.8	<0.01	0.03	0.05
SWDH003	61.75	62.14	0.39	10.4	50	4.4	<0.01	0.02	0.01
SWDH003	62.14	63	0.86	15.7	85	4.1	<0.01	0.02	0.01
SWDH003	63	64	1	74.8	93	2.8	<0.01	0.03	0.18
SWDH003	64	65	1	10	104	3	<0.01	0.02	0.02
SWDH003	65	65.46	0.46	6.1	113	3.2	<0.01	0.02	0.03
SWDH003	65.46	66	0.54	87.9	134	4.5	<0.01	0.02	0.12
SWDH003	66	67	1	112	144	5.6	<0.01	0.03	0.18
SWDH003	67	68	1	122.5	155	6.3	<0.01	0.03	0.19
SWDH003	68	69	1	112.5	143	6.5	<0.01	0.02	0.17
SWDH003	69	70	1	84.3	149	6.4	<0.01	0.03	0.13
SWDH003	70	71	1	76.1	152	6.8	<0.01	0.02	0.12
SWDH003	71	72	1	85.2	145	6.5	<0.01	0.03	0.13
SWDH003	72	73	1	127.5	153	5.9	<0.01	0.03	0.19
SWDH003	73	74	1	102	139	5.2	<0.01	0.03	0.13
SWDH003	74	75	1	114	155	6.5	<0.01	0.03	0.17
SWDH003	75	76	1	128	151	5.7	<0.01	0.02	0.19
SWDH003	76	77	1	149.5	135	5	<0.01	0.05	0.18
SWDH003	77	78	1	117.5	144	6	<0.01	0.06	0.12
SWDH003	78	79	1	114.5	146	5.9	<0.01	0.03	0.16
SWDH003	79	80	1	129	147	5.6	<0.01	0.04	0.16
SWDH003	80	81	1	111.5	139	5.9	<0.01	0.04	0.15
SWDH003	81	82	1	101	137	5.6	<0.01	0.03	0.15
SWDH003	82	83	1	114.5	147	6.4	<0.01	0.04	0.16
SWDH003	83	84	1	129	154	6.5	<0.01	0.04	0.17
SWDH003	84	85	1	122.5	139	4.8	<0.01	0.04	0.15
SWDH003	85	86	1	119.5	141	5	<0.01	0.03	0.15
SWDH003	86	87	1	121	150	6.8	<0.01	0.03	0.17
SWDH003	87	88	1	124.5	144	4.9	<0.01	0.03	0.15
SWDH003	88	89	1	122.5	145	5.9	<0.01	0.04	0.16
SWDH003	89	90	1	142.5	148	6	<0.01	0.05	0.17
SWDH003	90	91	1	116.5	135	5.7	<0.01	0.04	0.15
SWDH003	91	92	1	129.5	148	5.6	<0.01	0.04	0.19
SWDH003	92	93	1	124.5	143	4.8	<0.01	0.04	0.17
SWDH003	93	94	1	129.5	152	7.4	<0.01	0.03	0.2
SWDH003	94	95	1	123	154	6.4	<0.01	0.03	0.16
SWDH003	95	96	1	120.5	153	5.8	<0.01	0.03	0.17
SWDH003	96	97	1	126.5	151	4.9	<0.01	0.03	0.17
SWDH003	97	98	1	122	150	5.4	<0.01	0.03	0.16
SWDH003	98	99	1	123	153	4.9	<0.01	0.04	0.17
SWDH003	99	100	1	119.5	149	4.8	<0.01	0.04	0.16
SWDH003	100	101	1	117	152	5.8	<0.01	0.04	0.15

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 30

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	101	102	1	124.5	152	4.6	<0.01	0.03	0.17
SWDH003	102	103	1	128	147	12.8	<0.01	0.05	0.14
SWDH003	103	104	1	124.5	150	18.8	<0.01	0.05	0.1
SWDH003	104	105	1	143	145	5	<0.01	0.04	0.17
SWDH003	105	106	1	133.5	152	5.9	<0.01	0.03	0.14
SWDH003	106	107	1	116.5	153	5.8	<0.01	0.02	0.16
SWDH003	107	108	1	108	152	6	<0.01	0.03	0.15
SWDH003	108	109	1	111.5	144	6.3	<0.01	0.03	0.16
SWDH003	109	110	1	111	146	6.1	<0.01	0.04	0.13
SWDH003	110	111	1	97.1	145	5.8	<0.01	0.02	0.13
SWDH003	111	112	1	102	149	5.9	<0.01	0.02	0.16
SWDH003	112	113	1	99.6	150	5.4	<0.01	0.02	0.15
SWDH003	113	114	1	97.7	148	6.5	<0.01	0.02	0.14
SWDH003	114	115	1	94.7	157	6.8	<0.01	0.03	0.12
SWDH003	115	116	1	121.5	159	6.2	<0.01	0.03	0.16
SWDH003	116	117	1	109	151	6.3	<0.01	0.02	0.15
SWDH003	117	118	1	93.6	153	5.5	<0.01	0.04	0.18
SWDH003	118	119	1	98.8	155	5.7	<0.01	0.03	0.14
SWDH003	119	120	1	58.7	141	6.3	<0.01	0.03	0.09
SWDH003	120	121	1	73.5	142	6.9	<0.01	0.02	0.14
SWDH003	121	122	1	116.5	149	6.4	<0.01	0.04	0.15
SWDH003	122	123	1	90.1	151	6	<0.01	0.04	0.14
SWDH003	123	124	1	109	153	6.3	<0.01	0.03	0.16
SWDH003	124	125	1	116	153	6.1	<0.01	0.04	0.15
SWDH003	125	126	1	102	157	5.8	<0.01	0.07	0.15
SWDH003	126	126.54	0.54	121.5	146	6.7	<0.01	0.03	0.37
SWDH003	126.54	127.65	1.11	18.2	72	3.6	<0.01	0.02	0.05
SWDH003	127.65	128	0.35	6.2	167	7.1	<0.01	<0.01	0.04
SWDH003	128	129	1	79.8	152	6.2	<0.01	0.02	0.14
SWDH003	129	130	1	102	147	6	<0.01	0.04	0.13
SWDH003	130	131	1	75.8	141	6.1	<0.01	0.03	0.09
SWDH003	131	132	1	118	152	6.3	<0.01	0.04	0.22
SWDH003	132	133	1	43.1	155	6.1	<0.01	0.02	0.05
SWDH003	133	133.4	0.4	25.4	155	6.2	<0.01	0.01	0.04
SWDH003	133.4	134.5	1.1	62.7	147	6.5	<0.01	0.03	0.07
SWDH003	134.5	135	0.5	30.7	149	5.9	<0.01	0.02	0.04
SWDH003	135	136	1	46.5	152	5.2	<0.01	0.04	0.06
SWDH003	136	137	1	90.5	144	5.8	<0.01	0.03	0.12
SWDH003	137	138	1	55.7	145	6.5	<0.01	0.03	0.14
SWDH003	138	139	1	63.9	145	6.5	<0.01	0.02	0.07
SWDH003	139	140	1	68.2	149	6.4	<0.01	0.03	0.08
SWDH003	140	140.35	0.35	2.8	186	6.9	<0.01	<0.01	0.01

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 31

==> picture [208 x 48] intentionally omitted <==

Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	140.35	141	0.65	98.3	146	6.1	<0.01	0.03	0.14
SWDH003	141	142	1	111.5	143	6	<0.01	0.02	0.15
SWDH003	142	143	1	88.5	148	6.6	<0.01	0.05	0.12
SWDH003	143	144	1	68.1	140	5.9	<0.01	0.03	0.1
SWDH003	144	145	1	85.4	143	5.7	<0.01	0.02	0.1
SWDH003	145	146	1	109	140	6	<0.01	0.06	0.14
SWDH003	146	147	1	118	137	6	<0.01	0.02	0.15
SWDH003	147	148	1	99.3	143	5.7	<0.01	0.05	0.14
SWDH003	148	149	1	111	136	5.8	0.01	0.04	0.14
SWDH003	149	150	1	126	135	5.7	<0.01	0.04	0.17
SWDH003	150	151	1	86.6	145	5.4	<0.01	0.04	0.11
SWDH003	151	152	1	120	136	5.2	<0.01	0.04	0.15
SWDH003	152	153	1	116.5	146	6.4	<0.01	0.03	0.14
SWDH003	153	154	1	131	144	6.2	<0.01	0.04	0.16
SWDH003	154	155	1	83.7	146	6.2	<0.01	0.04	0.13
SWDH003	155	156	1	102	147	6.2	<0.01	0.03	0.17
SWDH003	156	157	1	95.4	138	6.1	<0.01	0.04	0.13
SWDH003	157	158	1	119.5	133	6.4	<0.01	0.04	0.18
SWDH003	158	159	1	97.3	148	5	<0.01	0.04	0.14
SWDH003	159	160	1	99.4	138	5.8	<0.01	0.04	0.16
SWDH003	160	161	1	131.5	140	5.3	<0.01	0.05	0.22
SWDH003	161	162	1	98.2	142	5.4	<0.01	0.03	0.2
SWDH003	162	163	1	228	126	5.8	<0.01	0.06	0.37
SWDH003	163	164	1	187	136	5.2	<0.01	0.04	0.29
SWDH003	164	164.35	0.35	47.3	139	5.3	<0.01	0.03	0.07
SWDH003	164.35	165	0.65	132	129	4.8	<0.01	0.03	0.21
SWDH003	165	166	1	73.3	135	5.2	<0.01	0.04	0.11
SWDH003	166	167	1	78.8	137	5.2	<0.01	0.04	0.1
SWDH003	167	168	1	91.9	130	5.4	<0.01	0.04	0.15
SWDH003	168	169	1	92.5	145	4.7	<0.01	0.02	0.14
SWDH003	169	170	1	125.5	149	3.8	<0.01	0.03	0.15
SWDH003	170	170.6	0.6	133.5	135	4.9	<0.01	0.04	0.17
SWDH003	170.6	171	0.4	118.5	110	6.3	<0.01	0.04	0.17
SWDH003	171	172	1	19.4	112	7.3	<0.01	0.02	0.03
SWDH003	172	172.5	0.5	97.3	117	5.2	<0.01	0.03	0.09
SWDH003	172.5	173	0.5	18.8	83	6.7	<0.01	0.02	0.04
SWDH003	173	174	1	11.8	81	6.6	<0.01	0.01	0.03
SWDH003	174	174.8	0.8	8.5	68	6.1	<0.01	0.02	0.03
SWDH003	174.8	176	1.2	29.8	103	5.3	<0.01	0.03	0.04
SWDH003	176	177	1	21.4	116	4.9	<0.01	0.02	0.02
SWDH003	177	178	1	45.8	111	5.9	<0.01	0.03	0.05
SWDH003	178	178.86	0.86	58.5	111	5.3	<0.01	0.03	0.06

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 32

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	178.86	179.47	0.61	179.5	93	10.8	<0.01	0.05	0.19
SWDH003	179.47	180.18	0.71	5.4	125	6.3	<0.01	0.03	0.01
SWDH003	180.18	180.48	0.3	10.6	62	13.7	<0.01	0.02	0.03
SWDH003	180.48	181	0.52	50.6	135	7.6	<0.01	0.04	0.22
SWDH003	181	182	1	213	94	12.6	<0.01	0.08	0.86
SWDH003	182	183.23	1.23	12.9	111	6.3	<0.01	0.03	0.05
SWDH003	183.23	184	0.77	113.5	102	12	<0.01	0.05	0.32
SWDH003	184	185	1	140	125	13.1	<0.01	0.06	0.42
SWDH003	185	186	1	8.3	191	5.1	<0.01	0.03	0.03
SWDH003	186	187	1	95.8	154	10.4	<0.01	0.04	0.34
SWDH003	187	188	1	140.5	139	13.2	<0.01	0.05	0.58
SWDH003	188	189	1	120	108	14.6	<0.01	0.05	0.4
SWDH003	189	190	1	94.7	124	11.4	<0.01	0.03	0.17
SWDH003	190	191	1	165	128	16.4	<0.01	0.07	0.74
SWDH003	191	192	1	298	105	15.7	<0.01	0.1	1.31
SWDH003	192	193.3	1.3	322	77	10.1	<0.01	0.12	1.25
SWDH003	193.3	194	0.7	73.9	126	5.3	<0.01	0.05	0.17
SWDH003	194	195	1	73.6	127	6.1	<0.01	0.04	0.11
SWDH003	195	196	1	81.3	113	6.2	<0.01	0.04	0.11
SWDH003	196	197	1	85.5	116	6.2	<0.01	0.04	0.13
SWDH003	197	198	1	62.9	112	6.9	<0.01	0.03	0.09
SWDH003	198	199	1	88.7	109	7	<0.01	0.04	0.14
SWDH003	199	200	1	100.5	116	6.5	<0.01	0.04	0.16
SWDH003	200	201	1	107.5	123	5.9	<0.01	0.04	0.17
SWDH003	201	202	1	71.9	131	5.6	<0.01	0.04	0.12
SWDH003	202	203	1	61.3	138	5.2	<0.01	0.03	0.11
SWDH003	203	204	1	47.6	138	4.7	<0.01	0.03	0.1
SWDH003	204	205	1	50.3	139	4.3	<0.01	0.04	0.13
SWDH003	205	206	1	71.9	143	4.6	<0.01	0.04	0.18
SWDH003	206	207	1	90.5	150	4.2	<0.01	0.06	0.23
SWDH003	207	208	1	145.5	127	9.9	<0.01	0.08	0.46
SWDH003	208	209	1	161.5	123	12.2	<0.01	0.07	0.64
SWDH003	209	210	1	126.5	123	12.4	<0.01	0.07	0.5
SWDH003	210	211	1	107.5	135	12.1	<0.01	0.07	0.5
SWDH003	211	212	1	91.9	145	9.7	<0.01	0.07	0.36
SWDH003	212	213	1	73.2	140	6.3	<0.01	0.07	0.19
SWDH003	213	214	1	81	134	6	<0.01	0.06	0.18
SWDH003	214	215	1	41.4	127	6	<0.01	0.06	0.09
SWDH003	215	216	1	48.7	120	6.6	<0.01	0.07	0.12
SWDH003	216	217	1	66.5	116	6.6	<0.01	0.06	0.13
SWDH003	217	218	1	66.4	108	6.4	<0.01	0.05	0.23
SWDH003	218	219	1	98.3	111	7.1	<0.01	0.06	0.22

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 33

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	219	220	1	64.2	110	7.1	<0.01	0.06	0.11
SWDH003	220	221	1	85.2	111	7.1	<0.01	0.07	0.16
SWDH003	221	222	1	28.7	106	7.8	<0.01	0.06	0.03
SWDH003	222	223	1	48.3	109	7.9	<0.01	0.07	0.07
SWDH003	223	224	1	93.9	114	8.4	<0.01	0.07	0.14
SWDH003	224	225	1	92.1	113	9.8	<0.01	0.08	0.14
SWDH003	225	226	1	108	123	11.4	<0.01	0.07	0.15
SWDH003	226	227	1	66	155	22.6	<0.01	0.09	0.14
SWDH003	227	227.4	0.4	45.6	414	20.8	<0.01	0.1	1.1
SWDH003	227.4	228	0.6	400	469	5.8	<0.01	0.29	1.21
SWDH003	228	228.62	0.62	3.5	38	3.4	<0.01	0.04	0.46
SWDH003	228.62	229.04	0.42	419	847	9.1	0.01	0.61	5.7
SWDH003	229.04	230.14	1.1	128.5	1265	4.7	<0.01	0.16	1.86
SWDH003	230.14	230.62	0.48	790	830	12	0.01	0.76	8.23
SWDH003	230.62	231.5	0.88	20.2	808	4.6	<0.01	0.06	0.33
SWDH003	231.5	231.94	0.44	526	845	7.9	<0.01	0.36	4.88
SWDH003	231.94	233	1.06	40.9	781	4.6	<0.01	0.09	0.72
SWDH003	233	234	1	62.3	581	3.7	<0.01	0.12	0.94
SWDH003	234	234.75	0.75	117	947	6.3	<0.01	0.14	1.76
SWDH003	234.75	235.25	0.5	510	733	7.8	<0.01	0.44	5.93
SWDH003	235.25	235.8	0.55	108	621	5.3	<0.01	0.15	1.15
SWDH003	235.8	236.13	0.33	258	895	5.9	0.01	0.49	3.76
SWDH003	236.13	237	0.87	30.2	444	1.8	<0.01	0.03	0.46
SWDH003	237	238	1	99.3	427	3.7	<0.01	0.13	1.64
SWDH003	238	239	1	100.5	566	3.3	<0.01	0.11	1.39
SWDH003	239	239.51	0.51	126	715	3	<0.01	0.13	1.54
SWDH003	239.51	239.81	0.3	142.5	432	6.9	<0.01	0.26	3.29
SWDH003	239.81	240.65	0.84	6.4	52	3.7	<0.01	0.01	0.05
SWDH003	240.65	241.3	0.65	4.4	34	6.4	<0.01	0.01	0.04
SWDH003	241.3	242.13	0.83	574	1640	29.6	0.01	0.44	4.23
SWDH003	242.13	243	0.87	178	660	14.4	0.01	0.19	2.38
SWDH003	243	244	1	83.7	333	14.3	<0.01	0.07	0.36
SWDH003	244	245	1	14.8	83	9.3	<0.01	0.02	0.03
SWDH003	245	246	1	15.8	80	7.9	0.02	0.02	0.05
SWDH003	246	247	1	16.4	89	6.8	<0.01	0.04	0.02
SWDH003	247	248	1	65.9	81	6.1	<0.01	0.05	0.03
SWDH003	248	249	1	91.9	90	6.6	<0.01	0.04	0.08
SWDH003	249	250	1	109	140	7.2	<0.01	0.04	0.11
SWDH003	250	251	1	130	141	5.7	<0.01	0.06	0.22
SWDH003	251	252	1	52.9	81	5.5	<0.01	0.03	0.03
SWDH003	252	253	1	80.3	80	5.5	<0.01	0.07	0.02
SWDH003	253	254	1	127	103	4.8	<0.01	0.05	0.07

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	254	255	1	81.2	108	4.1	<0.01	0.03	0.12
SWDH003	255	256	1	100	110	4.2	<0.01	0.04	0.11
SWDH003	256	257	1	53.4	100	4.9	<0.01	0.04	0.08
SWDH003	257	258	1	69.1	93	5.2	<0.01	0.04	0.15
SWDH003	258	259	1	105.5	151	7.2	<0.01	0.05	0.5
SWDH003	259	260	1	116	291	9	<0.01	0.05	0.91
SWDH003	260	261	1	179.5	222	9	<0.01	0.06	0.67
SWDH003	261	262	1	44.5	169	11.6	<0.01	0.03	0.14
SWDH003	262	263	1	8.2	61	6.8	<0.01	0.02	0.02
SWDH003	263	264	1	13.3	116	11.6	<0.01	0.02	0.02
SWDH003	264	265	1	18.6	83	8.1	<0.01	0.02	0.06
SWDH003	265	266	1	55.2	102	6.6	<0.01	0.03	0.18
SWDH003	266	267	1	2.5	100	6.6	<0.01	0.03	<0.01
SWDH003	267	268	1	13.1	96	6.8	<0.01	0.02	0.01
SWDH003	268	269	1	8.4	94	6.5	<0.01	0.02	0.01
SWDH003	269	270	1	6.6	103	6.1	<0.01	0.02	<0.01
SWDH003	270	271	1	33.9	90	7	<0.01	0.02	0.01
SWDH003	271	272	1	64	104	7.6	<0.01	0.02	0.05
SWDH003	272	273	1	10.4	97	6.1	<0.01	0.01	<0.01
SWDH003	273	274	1	18	102	6.9	<0.01	0.03	<0.01
SWDH003	274	275	1	47.4	105	7.7	<0.01	0.02	0.02
SWDH003	275	276	1	2	105	8.6	<0.01	0.01	<0.01
SWDH003	276	277	1	32.2	111	8.1	<0.01	0.03	0.01
SWDH003	277	278	1	23.9	116	8.3	<0.01	0.02	0.01
SWDH003	278	279	1	29.1	121	7.9	<0.01	0.02	0.08
SWDH003	279	280	1	43.2	106	6.8	<0.01	0.02	0.14
SWDH003	280	281	1	17	104	6.7	<0.01	0.02	0.02
SWDH003	281	282	1	29.6	100	8.7	<0.01	0.02	0.03
SWDH003	282	283	1	26.2	111	8.7	<0.01	0.02	0.03
SWDH003	283	284	1	12	104	9.1	<0.01	0.02	0.01
SWDH003	284	285	1	27.5	146	8.6	<0.01	0.02	0.19
SWDH003	285	286	1	21.3	81	7.5	<0.01	0.02	0.02
SWDH003	286	287	1	65.5	62	7.3	<0.01	0.02	0.16
SWDH003	287	288	1	54.1	80	8.1	<0.01	0.04	0.03
SWDH003	288	289	1	38.4	89	7.3	<0.01	0.02	0.06
SWDH003	289	290	1	116.5	88	7.1	<0.01	0.05	0.08
SWDH003	290	291	1	98	82	11.2	<0.01	0.05	0.04
SWDH003	291	292	1	52.6	90	11.3	<0.01	0.03	0.03
SWDH003	292	293	1	102	97	13.1	<0.01	0.06	0.06
SWDH003	293	294	1	122.5	92	13.2	<0.01	0.08	0.05
SWDH003	294	295	1	126	93	15	<0.01	0.07	0.15
SWDH003	295	296	1	96.2	85	13.3	<0.01	0.08	0.03

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 35

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Hole No.	From (m)	To (m)	Interval (m)	Cu ppm	Zn ppm	Pb ppm	Au g/t	Ag g/t	S %
SWDH003	296	297	1	64.7	89	14.2	<0.01	0.05	0.05
SWDH003	297	298	1	46.8	113	16.3	<0.01	0.04	0.04
SWDH003	298	299	1	133	127	11.2	<0.01	0.06	0.12
SWDH003	299	300	1	5.4	118	8.6	<0.01	0.03	0.01
SWDH003	300	301.5	1.5	9.1	106	15.2	<0.01	0.02	0.01

Appendix One

JORC Code, 2012 Edition | ‘Table 1’ Report

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections)

Criteria	JORC Code explanation	Commentary
Sampling techniques	• Nature and quality of sampling (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. • 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.	• Three diamond core drill holes for 1167.6 m were drilled to test fixed loop transient EM conductor models on the Thor magnetic trend. • Drill core was cut by diamond core saw and continuous half core samples taken for assay in intervals according to lithological criteria ranging from 0.2 m to 1.9 m with an average of 1 m. Samples averaged c. 5-6 kg each. • Drilling and sampling were supervised by a suitably qualified Chalice Mining geologist.
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..).	• The three holes were drilled by Topdrive Drillers Australia using a track mounted diamond coring rig. The holes were rock rolled to fresh rock then drilled HQ to end of hole with the exception of 214.2m to 434.1m end of hole in SWDH001 which was drilled NQ. • Drill core was orientated wherever possible, and all holes were downhole surveyed with a Reflex gyroscope.
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.	• Recoveries were measured by Chalice Mining personnel averaged 99% for the assayed zones. • There is no observed relationship between grade and recovery.
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.	• All of the drill core was geologically, structurally and geotechnically logged by a suitably qualified Chalice Mining personnel. • Drill core was orientation surveyed using Reflex gyroscope. • Mineral Resources have not been estimated.

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Criteria	JORC Code explanation	Commentary
	• The total length and percentage of the relevant intersections logged.	• The detail of geological logging is considered sufficient for mineral exploration
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 grain size of the material being sampled.	• All of the recovered core was cut and sampled for assay by Chalice Mining personnel. • Continuous half core samples were cut in lithological intervals ranging from 0.2 to 1.9 m (average 1m) using diamond core saw. Samples averaged c. 5-6 kg each. • Samples were submitted to ALS Geochemistry, Perth where they were dried, crushed and pulverised for multielement and precious metal assay. • One blank, commercial assay standard and core duplicate for every 25 core samples was included in the submissions to ALS. • Sample sizes (average c. 5-6 kg) are considered appropriate for the material sampled. • The assay results match observed mineralisation well.
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 (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	• Samples were dried, crushed and pulverised for multielement and precious metal assay by ALS Geochemistry, Perth using methods ME-MS61 (industry standard 4 acid digest with ICP finish) and PGM-ICP24 for Au, Pt and Pd (50g fire assay with ICP finish). • Commercially certified multi element and precious metal reference materials (blanks and standards) were included in the assay sample submissions at a rate of one QC sample per c. 25 core samples. The blanks and standards almost all reported within 2 standard deviations and mostly within 1 standard deviation of the expected grade ranges • Core duplicates were included in the assay sample submissions at a rate of one per c. 25 core samples. The duplicates generally reported within 20% of the primary sample. • The assay QC is considered appropriate for the grade ranges of interest.
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.	• The assay results are compatible with observed mineralogy. • Twinned holes were not used and not considered necessary at this early stage of exploration. • Primary data is stored and documented in industry standard ways. • Assay data is as reported by ALS and has not been adjusted in any way. • Half core remains in the trays for future reference at the Chalice Mining core yard.
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.	• Drill hole collars were determined by handheld GPS considered accurate to ±5 m. All co-ordinates were recorded in MGA Zone 50 datum GDA94. • Topographic control is provided by government 250,000 topographic map sheets and a Digital Terrain Model based on the 30 m Shuttle Radar Topographic Mission data.
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 drilling is of reconnaissance nature to test fixed loop transient EM conductor models along the magnetic Thor trend and not conducted on a regular grid spacing. • The reported drill results are not sufficient to establish mineral resources.
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.	• The drill holes were orientated to test variably orientated models of fixed loop transient EM conductors along the Thor magnetic trend. • Fabrics in orientated drill core indicate drilling was at a moderate to high angle to stratigraphy and EM conductor models.

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 37

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Criteria	JORC Code explanation	Commentary
Sample security	• The measures taken to ensure sample security.	• Chalice Mining managed the chain of custody from cutting and collection of drill core to submission to ALS Geochemistry, Perth. Sample numbers were unique and do not include any locational information useful to non-Chalice personnel. The level of security is considered appropriate for such reconnaissance drilling.
Audits or reviews	• The results of any audits or reviews of sampling techniques and data.	• Venture Minerals geologists have reviewed the drill core and Chalice Mining data and consider it to be of high quality.

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 reporting along with any known impediments to obtaining a licence to operate in the area.	• The three drill holes were all located within Exploration Licence 70/4837. • The South West Project comprises Exploration Licences 70/4837, 70/5067 and 70/5421, and all are 100% held by Venture Lithium Pty Ltd and have been Joint Ventured to Chalice Mining Ltd as outlined in Venture Minerals announcement to the ASX on 21 July 2020. On 13 July 2022, Venture announced that Chalice had met its expenditure requirement of $1.2 million to earn up to 51% of the South West Project.
Exploration done by other parties	• Acknowledgment and appraisal of exploration by other parties.	• Documented previous explorers within the area now covered by E70/4837, 70/5067 and 70/5421 most notably include Pancontinental Mining, Amerod Holdings Ltd and WA Exploration Services Pty Ltd.
Geology	• Deposit type, geological setting and style of mineralisation.	• The exploration area is within the Balingup Metamorphic Belt which is considered prospective for pegmatite hosted lithium, tin and tantalum- niobium deposits including the world class Greenbushes tin-tantalum-lithium mine, and as the work of the Teck JV shows also prospective for metamorphosed VMS deposits. Ultramafic units to the north of E70/4837 have also been previously explored for ultramafic-hosted chromium and nickel, most notably by WMC and BHP Minerals during the 1980-1990s period.
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. • 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.	• Three diamond core holes SWDH001, 2 and 3 were drilled to test EM targets along the Thor magnetic trend. • Collar details are given in Table One of this announcement. • Coordinates are in MGA Zone 50 datum GDA94. • Collar location was determined by handheld GPS considered accurate to c. 5m. RL is based on the 30 m Shuttle Radar Topographic Mission data. • All holes were downhole orientation surveyed using a Reflex gyroscope.
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	• No data aggregation methods have been applied. • Metal equivalents have not been applied.

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

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Criteria	JORC Code explanation	Commentary
	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. • 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’).	• Stratigraphy within the Thor trend is currently understood to dip moderately southeast. The modelled EM conductors targeted by the drilling dip moderately southeast to south. The three drill holes were optimised to test these conductor orientations within drill site logistical and environmental constraints. • Fabrics in orientated drill core indicate drilling was at a moderate to high angle to stratigraphy and EM conductor models.
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.	• An appropriate exploration plan is included in the body of this release. • Coordinates and orientation of drill holes are given in Table One.
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.	• Assay for elements of interest and all intervals sampled are reported in Table Two.
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.	• Bulk density, geotechnical and metallurgical work have not been implemented at this reconnaissance stage of exploration drilling. • Appropriate reconnaissance exploration plans are included in the body of this release.
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.	• Chalice Mining proposes further work to advance the South West Project as per this announcement. Follow-up activities are expected to include further surface geochemistry, ground based EM and drilling. • An appropriate exploration target plan is included in the body of this release.

Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au

Page 39

AI assistant

CHALICE MINING LIMITED Capital/Financing Update 2022

64649_rns_2022-08-01_351266b8-48db-40fd-a652-e5ba071b147f.pdf

ASX Announcement

Chalice Mining commits to second stage of JV on Venture’s South West Project

HIGHLIGHTS

South West Project Highlights:

Authorised by the Board of Venture Minerals Limited.

Andrew Radonjic Managing Director

About Venture

COVID-19 Business Update

Authorised by: For more information, please contact

Appendix One

Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration Results

AI assistant

CHALICE MINING LIMITED — Capital/Financing Update 2022

64649_rns_2022-08-01_351266b8-48db-40fd-a652-e5ba071b147f.pdf

ASX Announcement

Chalice Mining commits to second stage of JV on Venture’s South West Project

HIGHLIGHTS

South West Project Highlights:

Authorised by the Board of Venture Minerals Limited.

Andrew Radonjic Managing Director

About Venture

COVID-19 Business Update

Authorised by: For more information, please contact

Appendix One

Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration Results

More from CHALICE MINING LIMITED

CHALICE MINING LIMITED Capital/Financing Update 2022