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CLASSIC MINERALS LTD — Capital/Financing Update 2021
Feb 15, 2021
64664_rns_2021-02-15_aaaeb46f-7fba-4f8e-8a95-bedd901fe60f.pdf
Capital/Financing Update
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
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ASX: CLZ | ABN 119 484 016 [email protected]
16 February 2021
ASX Announcement
INFILL AND EXTENSIONAL DRILLING DELIVERS MORE HIGH-GRADE GOLD INTERCEPTS AT KAT GAP
Highlights:
-
Further infill and depth extensional RC drilling at Kat Gap return high-grade gold intercepts Better results from most recent drilling include:
-
3m @ 12.00 g/t Au from 127m including 1m @ 17.90 g/t Au from 127m
-
2m @ 9.45 g/t Au from 174m including 1m @ 17.80 g/t Au from 175m
-
4m @ 7.96 g/t Au from 77m including 1m @ 20.90 g/t Au from 77m
-
10m @ 4.58 g/t Au from 130m including 1m @ 10.60 g/t Au from 133m
-
• 11m @ 3.63 g/t Au from 76m including 1m @ 11.80 g/t Au from 83m
-
5m @ 6.60 g/t Au from 159m including 1m @ 20.60 g/t Au from 159m
-
4m @ 5.00 g/t Au from 35m including 1m @ 11.40 g/t Au from 38m
-
5m @ 4.77 g/t Au from 48m including 1m @ 21.60 g/t Au from 48m
-
7m @ 4.20 g/t Au from 60m including 1m @ 22.00 g/t Au from 61m
-
2m @ 8.73 g/t Au from 53m including 1m @ 14.90 g/t Au from 53m
-
Infill RC drilling at Kat Gap conducted over 300m of strike north of the cross cutting Proterozoic dyke. These new results incorporate infill drilling carried out between 150 and 300m north of the dyke.
-
Infill RC holes conducted on 20m x 10m and 10m x 10m spacings. This coverage will provide more accurate resource model data for optimisation and final pit design work.
-
Deeper RC drilling down to a maximum depth of 220m was completed late last year testing the potential down plunge extent of the near surface high grade gold mineralisation. A total of 18 holes for 2,824m were drilled.
INTRODUCTION
WA-focused gold exploration and development company Classic Minerals Limited (ASX. CLZ) ("Classic", or "the Company") is pleased to announce that it has received all the outstanding assays results from its August - September and November – December RC drilling programs at its Forrestania Gold Project (FGP) in Western Australia have now been received. The Company completed a total of 99 holes for 8,704 metres at Kat Gap.
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CLASSIC MINERALS LIMITED 71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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Drilling results from Kat Gap continued to deliver significant zones of high-grade gold mineralisation from infill and deeper drilling programs. The results in this announcement are concentrated 100-300m north of the cross-cutting Proterozoic dyke. The infill RC drilling was conducted on a 10m x 10m and 20m x 10m pattern. The down plunge deeper RC program was focussed on an area just north of the dyke.
Significant results from both drill programs are tabled below.
| Hole | Northing | Easting | From (m) | To (m) | Width (m) | Grade (g/t) |
|---|---|---|---|---|---|---|
| FKGRC218 | 6372147 764852 54 55 1 10.10 g/t Au |
|||||
| FGKRC222 | 6372302 764709 35 39 4 5.00 g/t Au |
|||||
| including 38 39 1 11.40g/t Au |
||||||
| FKGRC222 | 6372302 764709 77 81 4 7.96g/t Au |
|||||
| Including 77 78 1 20.90 g/t Au |
||||||
| FKGRC239 | 6372475 764526 26 31 5 3.05g/t Au |
|||||
| Including 27 28 1 11.20 g/t Au |
||||||
| FGKRC240 | 6372482 764533 28 37 9 2.70g/t Au |
|||||
| FKGRC269 | 6372386 764624 48 53 5 4.77g/t Au |
|||||
| including 48 49 1 21.60g/t Au |
||||||
| FKGRC276 | 6372360 764625 31 35 4 2.68 g/t Au |
|||||
| FKGRC277 | 6372365 764632 39 43 4 3.16 g/t Au |
|||||
| FKGRC278 | 6372372 764639 51 60 9 1.34g/t Au |
|||||
| FKGRC279 | 6372379 764646 60 72 12 1.67g/t Au |
|||||
| FKGRC284 | 6372353 764645 42 49 7 1.53g/t Au |
|||||
| FKGRC285 | 6372361 764652 50 58 8 2.50g/t Au |
|||||
| including 57 58 1 12.90g/t Au |
||||||
| FKGRC294 | 6372355 764674 60 66 6 2.64 g/t Au |
|||||
| FKGRC303 | 6372442 764577 49 58 9 2.40 g/t Au |
|||||
| including 57 58 1 15.10g/t Au |
||||||
| FKGRC304 | 6372457 764591 64 66 2 5.93g/t Au |
|||||
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71 Furniss Rd, Lansdale Western Australia 6065
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CLASSIC MINERALS LIMITED
ASX: CLZ | ABN 119 484 016 [email protected]
| FKGRC310 | 6372421 764572 45 51 6 2.52g/t Au |
|---|---|
| including 46 47 1 10.70 g/t Au |
|
| FKGRC312 | 6372439 764587 53 55 2 8.73g/t Au |
| including 53 54 1 14.90g/t Au |
|
| FKGRC313 | 6372445 764594 60 67 7 4.20 g/t Au |
| including 61 62 1 22.00g/t Au |
|
| FKGRC320 | 6372351 764715 76 87 11 3.63 g/t Au |
| including 83 84 1 11.80g/t Au |
|
| FKGRC321 | 6372377 764743 121 126 5 4.37 g/t Au |
| including 122 123 1 13.40g/t Au |
|
| FKGRC323 | 6372341 764802 133 143 10 4.58g/t Au |
| including 133 134 1 10.60 g/t Au |
|
| FKGRC329 | 6372406 764707 113 116 3 6.63g/t Au |
| including 113 114 1 11.60 g/t Au |
|
| FKGRC330 | 6372384 764798 159 164 5 6.60g/t Au |
| including 159 160 1 20.60g/t Au |
|
| FKGRC331 | 6372355 764772 127 130 3 12.00 g/t Au |
| including 127 128 1 17.90g/t Au |
|
| FKGRC332 | 6372397 764811 174 176 2 9.45 g/t Au |
| including 175 176 1 17.80g/t Au |
|
| FKGRC339 | 6372404 764773 155 158 3 5.62 g/t Au |
| including 156 157 1 11.70 g/t Au |
Figure 1: Kat Gap infill drilling
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
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ASX: CLZ | ABN 119 484 016 [email protected]
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Figure 2: FGP and Kat Gap tenure shown in red
KAT GAP DRILLING
Classic has finally received all outstanding assay results from its infill and deep extensional RC drilling programs completed back in August-September and November-December 2020. The drilling programs consisted of 81 infill holes for 5,588m and 18 deeper holes for 2,824m.
Infill RC drilling
The 81-hole infill RC drilling program (FKGRC207-228, FKGRC231-245 and FKGRC267-313) covers an area approximately 300m along strike to the north of the Proterozoic dyke (See Figure 2.0). The infill drilling was focused on testing the main granite-greenstone contact lode within the existing inferred resource to an average depth of 75m below surface. The holes have been drilled on 20m x 10m and 10m x 10m grid spacings to bring the near surface parts of the inferred resource to indicated status prior to final pit design work.
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CLASSIC MINERALS LIMITED 71 Furniss Rd, Lansdale Western Australia 6065
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ASX: CLZ | ABN 119 484 016 [email protected]
Infill drilling has confirmed continuity of mineralised zones within the inferred resource model north of the Proterozoic dyke.
Better results from the infill holes include:
-
1m @ 10.10g/t Au from 54m in FKGRC218
-
4m @ 5.00g/t Au from 35m including 1m @ 11.40g/t Au from 38m in FKGRC222
-
4m @ 7.96g/t Au from 77m including 1m @ 20.90g/t Au from 77m in FKGRC222
-
5m @ 3.05g/t Au from 26m including 1m @ 11.20g/t Au from 27m in FKGRC239
-
9m @ 2.70g/t Au from 28m in FKGRC240
-
5m @ 4.77g/t Au from 48m including 1m @ 21.60g/t from 48m in FKGRC269
-
9m @ 2.40g/t Au from 49m including 1m @ 15.10g/t Au from 57m in FKGRC303
-
6m @ 2.52g/t Au from 45m including 1m @ 10.70g/t Au from 46m in FKGRC310
-
7m @ 4.20g/t Au from 60m including 1m @ 22.00g/t from 61m in FKGRC313
Deep RC Drilling
Deeper RC holes testing the down plunge potential are all located within 100m north along strike from the cross cutting Proterozoic dyke and form part of the much larger future deeper drilling program (See Figure 2.0). A total of 18 holes for 2,824m (FKGRC320 – 333 and FKGRC 339 – 342) were completed during November and December last year. Interpretation of the recently received assay data has confirmed a northerly plunge of about 55 degrees closely linked to the flattening or rolling of the granite-greenstone contact. The gold is associated with smokey grey quartz veins within weakly sheared granite some 10-15m in from the main granite-greenstone contact. The plunge line is completely open to the north.
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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Better results from the deeper RC holes include:
-
11m @ 3.63g/t Au from 76m including 1m @ 11.80g/t Au from 83m in FKGRC320
-
5m @ 4.37g/t Au from 121m including 1m @ 13.40g/t Au from 122m in FKGRC321
-
10m @ 4.58g/t Au from 133m including 1m @ 10.60g/t Au from 133m in FKGRC323
-
3m @ 6.63 g/t Au from 113m including 1m @ 11.60g/t Au from 113m in FKGRC329
-
5m @ 6.60g/t Au from 159m including 1m @ 20.60g/t Au from 159m in FKGRC330
-
3m @ 12.00g/t Au from 127m including 1m @ 17.90g/t Au from 127m in FKGRC331
-
2m @ 9.45g/t Au from 174m including 1m @ 17.80g/t Au from 175m in FKGRC332
-
3m @ 5.62g/t Au from 155m including 1m @ 11.70g/t Au from 156m FKGRC339
Previous Infill RC Drilling
Previously drilled infill RC holes FKGRC248 – 266 were announced back in October 2020 (See ASX release dated 20[th] October 2020). These holes were located 100m to 200m north along strike from the cross cutting Proterozoic dyke and formed part of the much larger infill drilling pattern (See Figure 2.0). These holes were drilled on a 20m x 10m and 10m x 10m grid spacings.
Better results from previously reported infill drilling include:
-
7m @ 2.33g/t Au from 33m in FKGRC249
-
3m @ 2.47g/t Au from 26m in FKGRC250
-
15m @ 2.97g/t Au from 38m including 4m @ 9.13g/t Au from 38m in FKGRC251
-
2m @ 16.57 g/t Au from 46m including 1m @ 30.30 g/t Au from 46m in FKGRC252
-
6m @ 4.07g/t Au from 61m including 1m @ 16.10 g/t Au from 65m in FKGRC254
-
2m @ 6.22g/t Au from 56m in FKGRC257
-
4m @ 8.97g/t Au from 46m including 1m @ 23.40 g/t Au from 46m in FKGRC262
-
10m @ 3.24g/t Au from 54m including 1m @ 18.40 g/t Au from 54m FKGRC263
-
3m @ 3.87g/t Au from 63m in FKGRC264
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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Figure 3: Infill RC drilling at Kat Gap
Classic will be heading back to Kat Gap in late March to conduct further deeper drilling down dip and down plunge of the current inferred resource. The program will entail drilling around 10-15 holes ranging in depth from 150m to 250m for approximately 3,000m. Shallow RC drilling is also planned out in the granite west of the granite-greenstone contact following up the large auger soil gold anomaly. Classic plans to drill around 15-20 holes for 1500m.
ABOUT THE FORRESTANIA GOLD PROJECT
The FGP Tenements (excluding Kat Gap) are registered in the name of Reed Exploration Pty Ltd, a wholly owned subsidiary of ASX listed Hannans Ltd (ASX: HNR). Classic has acquired 80% of the gold rights on the FGP Tenements from a third party, whilst Hannans has maintained its 20% interest in the gold rights. For the avoidance of doubt Classic Ltd owns a 100% interest in the gold rights on the Kat Gap Tenements and also non-gold rights including but not limited to nickel, lithium and other metals.
Classic has a Global Mineral Resource of 8.24 Mt at 1.52 g/t for 403,906 ounces of gold , classified and reported in accordance with the JORC Code (2012), with a recent Scoping Study (see ASX Announcement released 2nd May 2017) suggesting both the technical and financial viability of the project. The current post- mining Mineral Resource for Lady Ada, Lady Magdalene and Kat Gap is tabulated below.
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CLASSIC MINERALS LIMITED 71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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Additional technical detail on the Mineral Resource estimation is provided, further in the text below and in the JORC Table 1 as attached to ASX announcements dated 18[th] December 2019, 21[st] January 2020, and 20 April 2020.
| Indicated | Indicated | Inferred | Tot | ||||||
|---|---|---|---|---|---|---|---|---|---|
| al | |||||||||
| Prospect | Tonnes | Grade | Ounces | Tonnes | Grade | Ounces | Tonnes | Grade | Ounces |
| (Aug/t) | Au | (Aug/t) | Au | (au) | |||||
| LadyAda | 257 | 2.01 | 16,600 | 1,090,800 | 1.23 | 43,100 | 1,348,100 | 1.38 | 59,700 |
| Lady Magdalene |
5,922,700 | 1.32 | 251,350 | 5,922,700 | 1.32 | 251,350 | |||
| Kat Gap | 975,722 | 2.96 | 92,856 | 975,722 | 2.96 | 92,856 | |||
| Total | 257 | 2.01 | 16,600 | 7,989,222 | 1.50 | 387,306 | 8,246,522 | 1.52 | 403,906 |
Notes:
1. The Mineral Resource is classified in accordance with JORC, 2012 edition
2. The effective date of the mineral resource estimate is 20 April 2020.
3. The mineral resource is contained within FGP tenements
4. Estimates are rounded to reflect the level of confidence in these resources at the present time.
5. The mineral resource is reported at 0.5 g/t Au cut-off grade
6. Depletion of the resource from historic open pit mining has been considered
On behalf of the board,
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Dean Goodwin CEO
Forward Looking Statements
This announcement may contain certain “forward-looking statements” which may not have been based solely on historical facts, but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have reasonable basis. However, forward looking statements are subjected to risks, uncertainties, assumptions and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to Resource risk, metals price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining plans, as well as political and operational risks in the Countries and States in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s annual reports, as well as the Company’s other filings. Readers should not place undue reliance on forward looking information. The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statements” to reflect events or circumstances after the date of this announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Competent Persons Statement
The information contained in this report that relates to Mineral resources and Exploration Results is based on information compiled by Dean Goodwin, a Competent Person who is a Member of the Australian Institute of Geoscientists (AIG). Mr Goodwin is a consultant exploration geologist with Reliant Resources Pty Ltd and consults to Classic Minerals Ltd. Mr. Goodwin has sufficient experience that is relevant to the style of mineralisation and the type of deposit under consideration, and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Goodwin consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.
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CLASSIC MINERALS LIMITED
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71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
Drill Hole Details:
| HOLE ID | Northing | Easting | Dip | Azi | Depth |
|---|---|---|---|---|---|
| FKGRC207 | 6372173 | 764822 | -60 | 222 | 70 |
| FKGRC208 | 6372180 | 764829 | -60 | 222 | 70 |
| FKGRC209 | 6372188 | 764836 | -60 | 222 | 80 |
| FKGRC210 | 6372202 | 764848 | -60 | 222 | 100 |
| FKGRC211 | 6372139 | 764817 | -60 | 222 | 50 |
| FKGRC212 | 6372148 | 764825 | -60 | 222 | 60 |
| FKGRC213 | 6372154 | 764832 | -60 | 222 | 70 |
| FKGRC214 | 6372169 | 764845 | -60 | 222 | 90 |
| FKGRC215 | 6372125 | 764832 | -60 | 222 | 50 |
| FKGRC216 | 6372134 | 764841 | -60 | 222 | 60 |
| FKGRC217 | 6372141 | 764847 | -60 | 222 | 70 |
| FKGRC218 | 6372147 | 764852 | -60 | 222 | 80 |
| FKGRC222 | 6372302 | 764709 | -60 | 222 | 90 |
| FKGRC223 | 6372309 | 764715 | -60 | 222 | 100 |
| FKGRC224 | 6372290 | 764683 | -60 | 222 | 80 |
| FKGRC225 | 6372280 | 764684 | -60 | 222 | 80 |
| FKGRC226 | 6372274 | 764670 | -60 | 222 | 72 |
| FKGRC227 | 6372260 | 764655 | -60 | 222 | 60 |
| FKGRC228 | 6372247 | 764641 | -60 | 222 | 50 |
| FKGRC231 | 6372489 | 764485 | -60 | 222 | 40 |
| FKGRC232 | 6372495 | 764491 | -60 | 222 | 50 |
| FKGRC233 | 6372503 | 764499 | -60 | 222 | 60 |
| FKGRC234 | 6372510 | 764506 | -60 | 222 | 70 |
| FKGRC235 | 6372472 | 764497 | -60 | 222 | 30 |
| FKGRC236 | 6372484 | 764510 | -60 | 222 | 50 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| FKGRC237 | 6372459 | 764512 | -60 | 222 | 40 |
|---|---|---|---|---|---|
| FKGRC238 | 6372467 | 764520 | -60 | 222 | 50 |
| FKGRC239 | 6372475 | 764526 | -60 | 222 | 60 |
| FKGRC240 | 6372482 | 764533 | -60 | 222 | 70 |
| FKGRC241 | 6372469 | 764546 | -60 | 222 | 60 |
| FKGRC242 | 6372435 | 764542 | -60 | 222 | 40 |
| FKGRC243 | 6372441 | 764547 | -60 | 222 | 50 |
| FKGRC244 | 6372449 | 764554 | -60 | 222 | 60 |
| FKGRC245 | 6372457 | 764562 | -60 | 222 | 70 |
| FKGRC267 | 6372374 | 764611 | -60 | 222 | 60 |
| FKGRC268 | 6372379 | 764616 | -60 | 222 | 70 |
| FKGRC269 | 6372386 | 764624 | -60 | 222 | 80 |
| FKGRC270 | 6372393 | 764632 | -60 | 222 | 90 |
| FKGRC271 | 6372400 | 764638 | -60 | 222 | 90 |
| FKGRC272 | 6372378 | 764628 | -60 | 222 | 60 |
| FKGRC273 | 6372395 | 764645 | -60 | 222 | 80 |
| FKGRC274 | 6372346 | 764610 | -60 | 222 | 40 |
| FKGRC275 | 6372353 | 764618 | -60 | 222 | 50 |
| FKGRC276 | 6372360 | 764625 | -60 | 222 | 60 |
| FKGRC277 | 6372365 | 764632 | -60 | 222 | 70 |
| FKGRC278 | 6372372 | 764639 | -60 | 222 | 80 |
| FKGRC279 | 6372379 | 764646 | -60 | 222 | 90 |
| FKGRC280 | 6372360 | 764637 | -60 | 222 | 60 |
| FKGRC281 | 6372332 | 764628 | -60 | 222 | 40 |
| FKGRC282 | 6372341 | 764633 | -60 | 222 | 50 |
| FKGRC283 | 6372347 | 764638 | -60 | 222 | 60 |
| FKGRC284 | 6372353 | 764645 | -60 | 222 | 70 |
| FKGRC285 | 6372361 | 764652 | -60 | 222 | 80 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| FKGRC286 | 6372368 | 764659 | -60 | 222 | 90 |
|---|---|---|---|---|---|
| FKGRC287 | 6372323 | 764633 | -60 | 222 | 50 |
| FKGRC288 | 6372340 | 764647 | -60 | 222 | 60 |
| FKGRC289 | 6372317 | 764640 | -60 | 222 | 40 |
| FKGRC290 | 6372325 | 764647 | -60 | 222 | 50 |
| FKGRC291 | 6372333 | 764655 | -60 | 222 | 60 |
| FKGRC292 | 6372341 | 764660 | -60 | 222 | 70 |
| FKGRC293 | 6372346 | 764665 | -60 | 222 | 80 |
| FKGRC294 | 6372355 | 764674 | -60 | 222 | 90 |
| FKGRC295 | 6372423 | 764543 | -60 | 222 | 50 |
| FKGRC296 | 6372431 | 764551 | -60 | 222 | 60 |
| FKGRC297 | 6372435 | 764556 | -60 | 222 | 70 |
| FKGRC298 | 6372443 | 764563 | -60 | 222 | 80 |
| FKGRC299 | 6372450 | 764569 | -60 | 222 | 80 |
| FKGRC300 | 6372459 | 764577 | -60 | 222 | 80 |
| FKGRC301 | 6372412 | 764550 | -60 | 222 | 50 |
| FKGRC302 | 6372427 | 764564 | -60 | 222 | 60 |
| FKGRC303 | 6372442 | 764577 | -60 | 222 | 70 |
| FKGRC304 | 6372457 | 764591 | -60 | 222 | 80 |
| FKGRC305 | 6372002 | 764813 | -60 | 222 | 20 |
| FKGRC306 | 6372011 | 764822 | -60 | 222 | 30 |
| FKGRC307 | 6372400 | 764553 | -60 | 222 | 40 |
| FKGRC308 | 6372406 | 764559 | -60 | 222 | 50 |
| FKGRC309 | 6372414 | 764566 | -60 | 222 | 60 |
| FKGRC310 | 6372421 | 764572 | -60 | 222 | 70 |
| FKGRC311 | 6372432 | 764580 | -60 | 222 | 80 |
| FKGRC312 | 6372439 | 764587 | -60 | 222 | 90 |
| FKGRC313 | 3672445 | 764594 | -60 | 222 | 90 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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| FKGRC320 | 6372351 | 764715 | -60 | 222 | 110 |
|---|---|---|---|---|---|
| FKGRC321 | 6372377 | 764743 | -60 | 222 | 144 |
| FKGRC322 | 6372391 | 764759 | -60 | 222 | 160 |
| FKGRC323 | 6372341 | 764802 | -60 | 222 | 160 |
| FKGRC324 | 6372376 | 764706 | -60 | 222 | 120 |
| FKGRC325 | 6372407 | 764736 | -60 | 222 | 150 |
| FKGRC326 | 6372423 | 764751 | -60 | 222 | 166 |
| FKGRC327 | 6372377 | 764679 | -60 | 222 | 100 |
| FKGRC328 | 6372391 | 764691 | -60 | 222 | 120 |
| FKGRC329 | 6372406 | 764707 | -60 | 222 | 136 |
| FKGRC330 | 6372384 | 764798 | -60 | 222 | 180 |
| FKGRC331 | 6372355 | 764772 | -60 | 222 | 150 |
| FKGRC332 | 6372397 | 764811 | -60 | 222 | 196 |
| FKGRC333 | 6372412 | 764825 | -60 | 222 | 220 |
| FKGRC339 | 6372404 | 764773 | -60 | 222 | 180 |
| FKGRC340 | 6372418 | 764786 | -60 | 222 | 195 |
| FKGRC341 | 6372421 | 764720 | -60 | 222 | 159 |
| FKGRC342 | 6372437 | 764732 | -60 | 222 | 174 |
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CLASSIC MINERALS LIMITED
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71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
Drill Samples Grading >0.80 g/t
| Sample No |
HoleID | N (MGA94Z50) | E (MGA94Z50) | From |
To | Sample Type | Au_ppm |
|---|---|---|---|---|---|---|---|
| 466449 FKGRC207 6372173 466450 FKGRC207 466464 FKGRC207 466480 FKGRC207 |
764822 32 33 1m samples 2.20 33 34 1m samples 1.09 47 48 1m samples 2.92 standard 254 2.52 |
||||||
| 466539 FKGRC208 6372180 466540 FKGRC208 |
764829 50 51 1m samples 0.80 51 52 1m samples 0.99 |
||||||
| 466614 FKGRC209 6372188 466640 FKGRC209 466560 FKGRC209 |
764836 53 54 1m samples 2.43 standard 254 2.53 standard 254 2.52 |
||||||
| 466720 FKGRC210 6372202 |
764848 standard 254 2.54 |
||||||
| 466824 FKGRC212 6372148 466800 FKGRC212 |
764825 28 29 1m samples 0.89 standard 254 2.51 |
||||||
| 466880 FKGRC213 6372154 |
764832 standard 254 2.53 |
||||||
| 466982 FKGRC214 6372169 466960 FKGRC214 |
764845 52 53 1m samples 1.19 standard 254 2.49 |
||||||
| 467040 FKGRC215 6372125 |
764832 standard 254 2.56 |
||||||
| 467098 FKGRC216 6372134 467102 FKGRC216 467105 FKGRC216 467108 FKGRC216 467113 FKGRC216 467080 FKGRC216 |
764841 25 26 1m samples 1.82 29 30 1m samples 2.27 32 33 1m samples 0.80 35 36 1m samples 1.14 40 41 1m samples 0.93 standard 218 2.50 |
||||||
| 467173 FKGRC217 6372141 467177 FKGRC217 467160 FKGRC217 |
764847 38 39 1m samples 0.83 42 43 1m samples 0.86 standard 218 2.50 |
Page 13 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 467255 | FKGRC218 | 6372147 | 764852 | 48 | 49 | 1m samples | 0.84 |
|---|---|---|---|---|---|---|---|
| 467261 | FKGRC218 | 54 | 55 | 1m samples | 10.10 | ||
| 467240 | FKGRC218 | standard 218 | 2.52 | ||||
| 467564 | FKGRC222 | 6372302 | 764709 | 29 | 30 | 1m samples | 0.95 |
| 467566 | FKGRC222 | 31 | 32 | 1m samples | 1.79 | ||
| 467570 | FKGRC222 | 35 | 36 | 1m samples | 2.52 | ||
| 467571 | FKGRC222 | 36 | 37 | 1m samples | 2.06 | ||
| 467572 | FKGRC222 | 37 | 38 | 1m samples | 4.02 | ||
| 467573 | FKGRC222 | 38 | 39 | 1m samples | 11.40 | ||
| 467577 | FKGRC222 | 42 | 43 | 1m samples | 0.81 | ||
| 467591 | FKGRC222 | 56 | 57 | 1m samples | 1.20 | ||
| 467597 | FKGRC222 | 62 | 63 | 1m samples | 3.01 | ||
| 467598 | FKGRC222 | 63 | 64 | 1m samples | 1.04 | ||
| 467613 | FKGRC222 | 77 | 78 | 1m samples | 20.90 | ||
| 467614 | FKGRC222 | 78 | 79 | 1m samples | 4.90 | ||
| 467615 | FKGRC222 | 79 | 80 | 1m samples | 4.75 | ||
| 467616 | FKGRC222 | 80 | 81 | 1m samples | 1.30 | ||
| 467560 | FKGRC222 | standard 254 | 2.52 | ||||
| 467675 | FKGRC223 | 6372309 | 764715 | 48 | 49 | 1m samples | 0.83 |
| 467706 | FKGRC223 | 78 | 79 | 1m samples | 6.63 | ||
| 467720 | FKGRC223 | standard 254 | 2.52 | ||||
| 467640 | FKGRC223 | standard 254 | 2.50 | ||||
| 467788 | FKGRC224 | 6372290 | 764683 | 58 | 59 | 1m samples | 5.65 |
| 467760 | FKGRC224 | standard 254 | 2.53 | ||||
| 467833 | FKGRC225 | 6372280 | 764684 | 22 | 23 | 1m samples | 1.54 |
| 467836 | FKGRC225 | 25 | 26 | 1m samples | 2.37 | ||
| 467846 | FKGRC225 | 34 | 35 | 1m samples | 1.00 | ||
| 467864 | FKGRC225 | 52 | 53 | 1m samples | 1.03 | ||
| 467840 | FKGRC225 | standard 254 | 2.53 | ||||
| 467880 | FKGRC225 | standard 254 | 2.52 | ||||
| 467937 | FKGRC226 | 6372274 | 764670 | 43 | 44 | 1m samples | 1.49 |
| 467960 | FKGRC226 | standard 254 | 2.52 | ||||
| 467920 | FKGRC226 | standard 254 | 2.44 | ||||
| 468000 | FKGRC227 | 6372260 | 764655 | standard 254 | 2.55 |
Page 14 of 33
==> picture [290 x 76] intentionally omitted <==
CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 468068 | FKGRC228 | 6372247 | 764641 | 39 | 40 | 1m samples | 1.95 |
|---|---|---|---|---|---|---|---|
| 468040 | FKGRC228 | standard 254 | 2.49 | ||||
| 471350 | FKGRC231 | 6372489 | 764485 | standard 229 | 12.00 | ||
| 471370 | FKGRC232 | 6372495 | 764491 | 16 | 17 | 1m samples | 1.96 |
| 471394 | FKGRC232 | 38 | 39 | 1m samples | 1.25 | ||
| 471400 | FKGRC232 | standard 254 | 2.47 | ||||
| 471434 | FKGRC233 | 6372503 | 764499 | 26 | 27 | 1m samples | 2.90 |
| 471443 | FKGRC233 | 34 | 35 | 1m samples | 1.43 | ||
| 471450 | FKGRC233 | standard 229 | 11.80 | ||||
| 468505 | FKGRC234 | 6372510 | 764506 | 40 | 41 | 1m samples | 1.18 |
| 468500 | FKGRC234 | standard 229 | 11.40 | ||||
| 471500 | FKGRC234 | standard 254 | 2.54 | ||||
| 468550 | FKGRC235 | 6372472 | 764497 | standard 254 | 2.46 | ||
| 468600 | FKGRC236 | 6372484 | 764510 | standard 254 | 11.40 | ||
| 468633 | FKGRC237 | 6372459 | 764512 | 11 | 12 | 1m samples | 0.93 |
| 468652 | FKGRC237 | 28 | 29 | 1m samples | 1.70 | ||
| 468650 | FKGRC237 | standard 254 | 2.55 | ||||
| 468682 | FKGRC238 | 6372467 | 764520 | 17 | 18 | 1m samples | 0.95 |
| 468683 | FKGRC238 | 18 | 19 | 1m samples | 2.50 | ||
| 468689 | FKGRC238 | 24 | 25 | 1m samples | 2.31 | ||
| 468691 | FKGRC238 | 25 | 26 | 1m samples | 0.93 | ||
| 468697 | FKGRC238 | 31 | 32 | 1m samples | 1.93 | ||
| 468699 | FKGRC238 | 33 | 34 | 1m samples | 0.93 | ||
| 468701 | FKGRC238 | 34 | 35 | 1m samples | 1.60 | ||
| 468700 | FKGRC238 | standard 229 | 11.60 | ||||
| 468745 | FKGRC239 | 6372475 | 764526 | 26 | 27 | 1m samples | 1.85 |
| 468746 | FKGRC239 | 27 | 28 | 1m samples | 11.20 | ||
| 468749 | FKGRC239 | 30 | 31 | 1m samples | 1.13 | ||
| 468750 | FKGRC239 | standard 254 | 11.20 |
Page 15 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 468811 | FKGRC240 | 6372482 | 764533 | 28 | 29 | 1m samples | 1.70 |
|---|---|---|---|---|---|---|---|
| 468813 | FKGRC240 | 30 | 31 | 1m samples | 1.43 | ||
| 468814 | FKGRC240 | 31 | 32 | 1m samples | 7.94 | ||
| 468815 | FKGRC240 | 32 | 33 | 1m samples | 0.86 | ||
| 468816 | FKGRC240 | 33 | 34 | 1m samples | 8.01 | ||
| 468819 | FKGRC240 | 36 | 37 | 1m samples | 3.40 | ||
| 468850 | FKGRC240 | standard 254 | 11.40 | ||||
| 468800 | FKGRC240 | standard 229 | 2.53 | ||||
| 468900 | FKGRC241 | 6372469 | 764546 | standard 254 | 2.50 | ||
| 468935 | FKGRC242 | 6372435 | 764542 | 15 | 16 | 1m samples | 3.05 |
| 468936 | FKGRC242 | 16 | 17 | 1m samples | 2.63 | ||
| 468954 | FKGRC242 | 32 | 33 | 1m samples | 2.44 | ||
| 468950 | FKGRC242 | standard 229 | 2.52 | ||||
| 468984 | FKGRC243 | 6372441 | 764547 | 21 | 22 | 1m samples | 0.97 |
| 468993 | FKGRC243 | 29 | 30 | 1m samples | 0.83 | ||
| 469000 | FKGRC243 | standard 229 | 11.30 | ||||
| 469057 | FKGRC244 | 6372449 | 764554 | 39 | 40 | 1m samples | 0.82 |
| 469050 | FKGRC244 | standard 254 | 2.51 | ||||
| 469115 | FKGRC245 | 6372457 | 764562 | 34 | 35 | 1m samples | 1.00 |
| 469116 | FKGRC245 | 35 | 36 | 1m samples | 1.28 | ||
| 469120 | FKGRC245 | 39 | 40 | 1m samples | 1.48 | ||
| 469121 | FKGRC245 | 40 | 41 | 1m samples | 0.90 | ||
| 469122 | FKGRC245 | 41 | 42 | 1m samples | 3.14 | ||
| 469133 | FKGRC245 | 51 | 52 | 1m samples | 2.04 | ||
| 469100 | FKGRC245 | standard 229 | 11.40 | ||||
| 469150 | FKGRC245 | standard 254 | 2.54 | ||||
| 470520 | FKGRC267 | 6372374 | 764611 | 26 | 27 | 1m samples | 3.99 |
| 470529 | FKGRC267 | 34 | 35 | 1m samples | 0.99 | ||
| 470550 | FKGRC267 | standard 229 | 11.90 | ||||
| 470500 | FKGRC267 | standard 254 | 2.62 | ||||
| 470595 | FKGRC268 | 6372379 | 764616 | 36 | 37 | 1m samples | 1.36 |
| 470598 | FKGRC268 | 39 | 40 | 1m samples | 2.13 | ||
| 470603 | FKGRC268 | 43 | 44 | 1m samples | 1.74 | ||
| 470600 | FKGRC268 | standard 254 | 2.50 |
Page 16 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 470682 | FKGRC269 | 6372386 | 764624 | 48 | 49 | 1m samples | 21.60 |
|---|---|---|---|---|---|---|---|
| 470685 | FKGRC269 | 51 | 52 | 1m samples | 1.02 | ||
| 470693 | FKGRC269 | 58 | 59 | 1m samples | 3.83 | ||
| 470650 | FKGRC269 | standard 229 | 11.90 | ||||
| 470700 | FKGRC269 | standard 254 | 2.50 | ||||
| 470767 | FKGRC270 | 6372393 | 764632 | 48 | 49 | 1m samples | 2.10 |
| 470776 | FKGRC270 | 56 | 57 | 1m samples | 3.40 | ||
| 470777 | FKGRC270 | 57 | 58 | 1m samples | 1.85 | ||
| 470778 | FKGRC270 | 58 | 59 | 1m samples | 0.93 | ||
| 470779 | FKGRC270 | 59 | 60 | 1m samples | 2.98 | ||
| 470781 | FKGRC270 | 61 | 62 | 1m samples | 1.10 | ||
| 470750 | FKGRC270 | standard 229 | 11.60 | ||||
| 470863 | FKGRC271 | 6372400 | 764638 | 48 | 49 | 1m samples | 2.74 |
| 470867 | FKGRC271 | 52 | 53 | 1m samples | 1.19 | ||
| 470881 | FKGRC271 | 65 | 66 | 1m samples | 3.56 | ||
| 470884 | FKGRC271 | 68 | 69 | 1m samples | 0.91 | ||
| 470886 | FKGRC271 | 70 | 71 | 1m samples | 4.46 | ||
| 470850 | FKGRC271 | standard 229 | 11.50 | ||||
| 470955 | FKGRC272 | 6372378 | 764628 | 44 | 45 | 1m samples | 2.53 |
| 470956 | FKGRC272 | 45 | 46 | 1m samples | 1.49 | ||
| 470961 | FKGRC272 | 50 | 51 | 1m samples | 1.45 | ||
| 470965 | FKGRC272 | 54 | 55 | 1m samples | 1.25 | ||
| 470950 | FKGRC272 | standard 229 | 11.40 | ||||
| 471730 | FKGRC273 | 6372395 | 764645 | 62 | 63 | 1m samples | 2.90 |
| 471734 | FKGRC273 | 66 | 67 | 1m samples | 1.42 | ||
| 471741 | FKGRC273 | 72 | 73 | 1m samples | 3.36 | ||
| 471700 | FKGRC273 | standard 229 | 11.40 | ||||
| 471800 | FKGRC275 | 6372353 | 764618 | standard 229 | 11.60 | ||
| 471878 | FKGRC276 | 6372360 | 764625 | 31 | 32 | 1m samples | 2.72 |
| 471880 | FKGRC276 | 33 | 34 | 1m samples | 0.89 | ||
| 471881 | FKGRC276 | 34 | 35 | 1m samples | 6.52 | ||
| 471883 | FKGRC276 | 36 | 37 | 1m samples | 0.89 | ||
| 471900 | FKGRC276 | standard 249 | 11.30 |
Page 17 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 471951 | FKGRC277 | 6372365 | 764632 | 39 | 40 | 1m samples | 1.22 |
|---|---|---|---|---|---|---|---|
| 471952 | FKGRC277 | 40 | 41 | 1m samples | 6.57 | ||
| 471953 | FKGRC277 | 41 | 42 | 1m samples | 4.37 | ||
| 471959 | FKGRC277 | 47 | 48 | 1m samples | 0.97 | ||
| 472037 | FKGRC278 | 6372372 | 764639 | 51 | 52 | 1m samples | 4.74 |
| 472041 | FKGRC278 | 54 | 55 | 1m samples | 1.82 | ||
| 472042 | FKGRC278 | 55 | 56 | 1m samples | 1.16 | ||
| 472043 | FKGRC278 | 56 | 57 | 1m samples | 0.86 | ||
| 472046 | FKGRC278 | 59 | 60 | 1m samples | 2.01 | ||
| 472000 | FKGRC278 | standard 246 | 11.40 | ||||
| 472132 | FKGRC279 | 6372379 | 764646 | 60 | 61 | 1m samples | 9.14 |
| 472137 | FKGRC279 | 65 | 66 | 1m samples | 3.94 | ||
| 472138 | FKGRC279 | 66 | 67 | 1m samples | 2.37 | ||
| 472143 | FKGRC279 | 70 | 71 | 1m samples | 1.03 | ||
| 472144 | FKGRC279 | 71 | 72 | 1m samples | 1.60 | ||
| 472152 | FKGRC279 | 78 | 79 | 1m samples | 2.28 | ||
| 472162 | FKGRC279 | 88 | 89 | 1m samples | 2.07 | ||
| 472100 | FKGRC279 | standard 229 | 11.30 | ||||
| 472206 | FKGRC280 | 6372360 | 764637 | 39 | 40 | 1m samples | 3.22 |
| 472207 | FKGRC280 | 40 | 41 | 1m samples | 1.11 | ||
| 472214 | FKGRC280 | 47 | 48 | 1m samples | 1.42 | ||
| 472200 | FKGRC280 | standard 229 | 11.40 | ||||
| 472300 | FKGRC282 | 6372341 | 764633 | standard 229 | 11.30 | ||
| 472357 | FKGRC283 | 6372347 | 764638 | 31 | 32 | 1m samples | 1.14 |
| 472362 | FKGRC283 | 36 | 37 | 1m samples | 3.00 | ||
| 472363 | FKGRC283 | 37 | 38 | 1m samples | 5.20 | ||
| 472432 | FKGRC284 | 6372353 | 764645 | 42 | 43 | 1m samples | 1.96 |
| 472433 | FKGRC284 | 43 | 44 | 1m samples | 3.40 | ||
| 472434 | FKGRC284 | 44 | 45 | 1m samples | 1.09 | ||
| 472436 | FKGRC284 | 46 | 47 | 1m samples | 2.05 | ||
| 472438 | FKGRC284 | 48 | 49 | 1m samples | 1.35 | ||
| 472443 | FKGRC284 | 52 | 53 | 1m samples | 3.04 | ||
| 472400 | FKGRC284 | standard 229 | 11.50 |
Page 18 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 472512 | FKGRC285 | 6372361 | 764652 | 47 | 48 | 1m samples | 1.74 |
|---|---|---|---|---|---|---|---|
| 472515 | FKGRC285 | 50 | 51 | 1m samples | 1.15 | ||
| 472517 | FKGRC285 | 52 | 53 | 1m samples | 0.83 | ||
| 472519 | FKGRC285 | 54 | 55 | 1m samples | 1.60 | ||
| 472520 | FKGRC285 | 55 | 56 | 1m samples | 1.14 | ||
| 472521 | FKGRC285 | 56 | 57 | 1m samples | 1.54 | ||
| 472522 | FKGRC285 | 57 | 58 | 1m samples | 12.90 | ||
| 472500 | FKGRC285 | standard 229 | 11.40 | ||||
| 472614 | FKGRC286 | 6372361 | 764652 | 63 | 64 | 1m samples | 1.43 |
| 472617 | FKGRC286 | 66 | 67 | 1m samples | 2.50 | ||
| 472600 | FKGRC286 | standard 229 | 11.30 | ||||
| 472695 | FKGRC287 | 6372323 | 764633 | 49 | 50 | 1m samples | 1.53 |
| 472700 | FKGRC288 | 6372340 | 764647 | standard 229 | 11.40 | ||
| 472799 | FKGRC289 | 6372317 | 764640 | 37 | 38 | 1m samples | 0.81 |
| 472800 | FKGRC289 | standard 229 | 11.50 | ||||
| 472832 | FKGRC290 | 6372325 | 764647 | 28 | 29 | 1m samples | 2.93 |
| 472850 | FKGRC290 | standard 242 | 12.10 | ||||
| 472889 | FKGRC291 | 6372333 | 764655 | 32 | 33 | 1m samples | 2.82 |
| 472903 | FKGRC291 | 44 | 45 | 1m samples | 0.95 | ||
| 472908 | FKGRC291 | 49 | 50 | 1m samples | 1.28 | ||
| 472900 | FKGRC291 | standard 229 | 11.80 | ||||
| 472962 | FKGRC292 | 6372341 | 764660 | 40 | 41 | 1m samples | 0.96 |
| 472964 | FKGRC292 | 42 | 43 | 1m samples | 0.85 | ||
| 472966 | FKGRC292 | 44 | 45 | 1m samples | 1.71 | ||
| 472967 | FKGRC292 | 45 | 46 | 1m samples | 2.26 | ||
| 472979 | FKGRC292 | 56 | 57 | 1m samples | 0.82 | ||
| 473000 | FKGRC293 | 6372346 | 764665 | standard 229 | 11.60 |
Page 19 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 1m samples | 3.13 |
|---|---|
| 1m samples | 1.05 |
| 1m samples | 6.13 |
| 1m samples | 1.46 |
| 1m samples | 3.41 |
| 1m samples | 1.38 |
| standard 229 | 11.90 |
| 473143 | FKGRC294 | 6372355 | 764674 | 60 | 61 | 1m samples | 3.13 |
| 473144 | FKGRC294 | 61 | 62 | 1m samples | 1.05 | ||
| 473145 | FKGRC294 | 62 | 63 | 1m samples | 6.13 | ||
| 473147 | FKGRC294 | 64 | 65 | 1m samples | 1.46 | ||
| 473148 | FKGRC294 | 65 | 66 | 1m samples | 3.41 | ||
| 473161 | FKGRC294 | 77 | 78 | 1m samples | 1.38 | ||
| 473100 | FKGRC294 | standard 229 | 11.90 | ||||
| 473206 | FKGRC295 | 6372423 | 764543 | 29 | 30 | 1m samples | 1.34 |
| 473212 | FKGRC295 | 35 | 36 | 1m samples | 1.00 | ||
| 473200 | FKGRC295 | standard 229 | 11.60 | ||||
| 473237 | FKGRC296 | 6372431 | 764551 | 9 | 10 | 1m samples | 1.32 |
| 473253 | FKGRC296 | 23 | 24 | 1m samples | 2.22 | ||
| 473258 | FKGRC296 | 28 | 29 | 1m samples | 2.72 | ||
| 473334 | FKGRC297 | 6372435 | 764556 | 40 | 41 | 1m samples | 1.37 |
| 473341 | FKGRC297 | 46 | 47 | 1m samples | 1.48 | ||
| 473300 | FKGRC297 | standard 229 | 11.50 | ||||
| 473401 | FKGRC298 | 6372443 | 764563 | 32 | 33 | 1m samples | 1.17 |
| 473402 | FKGRC298 | 33 | 34 | 1m samples | 5.09 | ||
| 473403 | FKGRC298 | 34 | 35 | 1m samples | 1.18 | ||
| 473409 | FKGRC298 | 40 | 41 | 1m samples | 0.93 | ||
| 473414 | FKGRC298 | 45 | 46 | 1m samples | 1.00 | ||
| 473418 | FKGRC298 | 49 | 50 | 1m samples | 1.10 | ||
| 473419 | FKGRC298 | 50 | 51 | 1m samples | 0.93 | ||
| 473420 | FKGRC298 | 51 | 52 | 1m samples | 1.38 | ||
| 473400 | FKGRC298 | standard 229 | 11.60 | ||||
| 473494 | FKGRC299 | 6372450 | 764569 | 40 | 41 | 1m samples | 0.85 |
| 473498 | FKGRC299 | 44 | 45 | 1m samples | 0.83 | ||
| 473501 | FKGRC299 | 46 | 47 | 1m samples | 1.44 | ||
| 473510 | FKGRC299 | 55 | 56 | 1m samples | 6.38 | ||
| 473512 | FKGRC299 | 57 | 58 | 1m samples | 1.19 | ||
| 473500 | FKGRC299 | standard 229 | 11.60 | ||||
| 473572 | FKGRC300 | 6372459 | 764577 | 34 | 35 | 1m samples | 1.74 |
| 473593 | FKGRC300 | 53 | 54 | 1m samples | 1.07 | ||
| 473600 | FKGRC300 | standard 242 | 11.50 |
Page 20 of 33
CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
==> picture [290 x 76] intentionally omitted <==
ASX: CLZ | ABN 119 484 016 [email protected]
| 473635 | FKGRC301 | 6372412 | 764550 | 13 | 14 | 1m samples | 1.51 |
|---|---|---|---|---|---|---|---|
| 473717 | FKGRC302 | 6372427 | 764564 | 40 | 41 | 1m samples | 1.28 |
| 473718 | FKGRC302 | 41 | 42 | 1m samples | 1.56 | ||
| 473719 | FKGRC302 | 42 | 43 | 1m samples | 1.03 | ||
| 473720 | FKGRC302 | 43 | 44 | 1m samples | 2.64 | ||
| 473721 | FKGRC302 | 44 | 45 | 1m samples | 2.69 | ||
| 473722 | FKGRC302 | 45 | 46 | 1m samples | 1.67 | ||
| 473728 | FKGRC302 | 50 | 51 | 1m samples | 2.05 | ||
| 473700 | FKGRC302 | standard 249 | 11.60 | ||||
| 473777 | FKGRC303 | 6372442 | 764577 | 36 | 37 | 1m samples | 1.38 |
| 473784 | FKGRC303 | 43 | 44 | 1m samples | 1.10 | ||
| 473791 | FKGRC303 | 49 | 50 | 1m samples | 3.89 | ||
| 473792 | FKGRC303 | 50 | 51 | 1m samples | 1.01 | ||
| 473799 | FKGRC303 | 57 | 58 | 1m samples | 15.10 | ||
| 473800 | FKGRC303 | standard 229 | 11.90 | ||||
| 473881 | FKGRC304 | 6372457 | 764591 | 64 | 65 | 1m samples | 1.95 |
| 473882 | FKGRC304 | 65 | 66 | 1m samples | 9.90 | ||
| 473933 | FKGRC307 | 6372400 | 764553 | 33 | 34 | 1m samples | 1.49 |
| 473900 | FKGRC307 | standard 229 | 11.80 | ||||
| 474001 | FKGRC309 | 6372414 | 764566 | 5 | 6 | 1m samples | 11.50 |
| 474027 | FKGRC309 | 30 | 31 | 1m samples | 1.05 | ||
| 474028 | FKGRC309 | 31 | 32 | 1m samples | 2.73 | ||
| 474029 | FKGRC309 | 32 | 33 | 1m samples | 0.99 | ||
| 474031 | FKGRC309 | 34 | 35 | 1m samples | 1.87 | ||
| 474038 | FKGRC309 | 41 | 42 | 1m samples | 1.94 | ||
| 474039 | FKGRC309 | 42 | 43 | 1m samples | 2.98 | ||
| 474040 | FKGRC309 | blank | 0.97 | ||||
| 474103 | FKGRC310 | 6372421 | 764572 | 42 | 43 | 1m samples | 0.85 |
| 474105 | FKGRC310 | 44 | 45 | 1m samples | 0.97 | ||
| 474107 | FKGRC310 | 46 | 47 | 1m samples | 1.14 | ||
| 474108 | FKGRC310 | 47 | 48 | 1m samples | 1.06 | ||
| 474100 | FKGRC310 | standard 229 | 11.50 |
Page 21 of 33
CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 474172 | FKGRC311 | 6372432 | 764580 | 38 | 39 | 1m samples | 2.39 |
|---|---|---|---|---|---|---|---|
| 474180 | FKGRC311 | 45 | 46 | 1m samples | 0.94 | ||
| 474181 | FKGRC311 | 46 | 47 | 1m samples | 10.70 | ||
| 474182 | FKGRC311 | 47 | 48 | 1m samples | 0.90 | ||
| 474183 | FKGRC311 | 48 | 49 | 1m samples | 0.80 | ||
| 474185 | FKGRC311 | 50 | 51 | 1m samples | 1.00 | ||
| 474189 | FKGRC311 | 54 | 55 | 1m samples | 0.93 | ||
| 474192 | FKGRC311 | 56 | 57 | 1m samples | 0.83 | ||
| 474200 | FKGRC311 | standard 229 | 11.60 | ||||
| 474267 | FKGRC312 | 6372439 | 764587 | 47 | 48 | 1m samples | 1.14 |
| 474273 | FKGRC312 | 53 | 54 | 1m samples | 14.90 | ||
| 474274 | FKGRC312 | 54 | 55 | 1m samples | 2.55 | ||
| 474372 | FKGRC313 | 3672445 | 764594 | 56 | 57 | 1m samples | 1.44 |
| 474377 | FKGRC313 | 60 | 61 | 1m samples | 1.31 | ||
| 474378 | FKGRC313 | 61 | 62 | 1m samples | 22.00 | ||
| 474380 | FKGRC313 | 63 | 64 | 1m samples | 1.12 | ||
| 474382 | FKGRC313 | 65 | 66 | 1m samples | 3.08 | ||
| 474383 | FKGRC313 | 66 | 67 | 1m samples | 1.09 | ||
| 475175 | FKGRC320 | 6372351 | 764715 | 76 | 77 | 1m samples | 1.04 |
| 475176 | FKGRC320 | 77 | 78 | 1m samples | 10.60 | ||
| 475182 | FKGRC320 | 83 | 84 | 1m samples | 11.80 | ||
| 475183 | FKGRC320 | 84 | 85 | 1m samples | 4.73 | ||
| 475184 | FKGRC320 | 85 | 86 | 1m samples | 1.60 | ||
| 475185 | FKGRC320 | 86 | 87 | 1m samples | 9.66 | ||
| 475231 | FKGRC321 | 6372377 | 764743 | 121 | 122 | 1m samples | 1.80 |
| 475232 | FKGRC321 | 122 | 123 | 1m samples | 13.40 | ||
| 475233 | FKGRC321 | 123 | 124 | 1m samples | 1.70 | ||
| 475235 | FKGRC321 | 125 | 126 | 1m samples | 4.85 | ||
| 475236 | FKGRC321 | 126 | 127 | 1m samples | 0.96 | ||
| 475283 | FKGRC322 | 6372391 | 764759 | 137 | 138 | 1m samples | 0.98 |
| 475284 | FKGRC322 | 138 | 139 | 1m samples | 2.22 | ||
| 475290 | FKGRC322 | 144 | 145 | 1m samples | 3.19 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 475327 | FKGRC323 | 6372341 | 764802 | 130 | 131 | 1m samples | 6.88 |
|---|---|---|---|---|---|---|---|
| 475328 | FKGRC323 | 131 | 132 | 1m samples | 1.22 | ||
| 475329 | FKGRC323 | 132 | 133 | 1m samples | 1.25 | ||
| 475330 | FKGRC323 | 133 | 134 | 1m samples | 10.60 | ||
| 475331 | FKGRC323 | 134 | 135 | 1m samples | 4.55 | ||
| 475332 | FKGRC323 | 135 | 136 | 1m samples | 1.45 | ||
| 475333 | FKGRC323 | 136 | 137 | 1m samples | 6.46 | ||
| 475334 | FKGRC323 | 137 | 138 | 1m samples | 6.96 | ||
| 475335 | FKGRC323 | 138 | 139 | 1m samples | 4.70 | ||
| 475336 | FKGRC323 | 139 | 140 | 1m samples | 1.70 | ||
| 475386 | FKGRC324 | 6372376 | 764706 | 88 | 89 | 1m samples | 1.36 |
| 475390 | FKGRC324 | 92 | 93 | 1m samples | 2.00 | ||
| 475391 | FKGRC324 | 93 | 94 | 1m samples | 4.50 | ||
| 475396 | FKGRC324 | 98 | 99 | 1m samples | 0.80 | ||
| 475399 | FKGRC324 | 101 | 102 | 1m samples | 0.84 | ||
| 475402 | FKGRC324 | 103 | 104 | 1m samples | 4.27 | ||
| 475453 | FKGRC325 | 6372407 | 764736 | 133 | 134 | 1m samples | 1.05 |
| 475454 | FKGRC325 | 134 | 135 | 1m samples | 6.43 | ||
| 475455 | FKGRC325 | 135 | 136 | 1m samples | 3.84 | ||
| 475456 | FKGRC325 | 136 | 137 | 1m samples | 1.14 | ||
| 475458 | FKGRC325 | 138 | 139 | 1m samples | 1.04 | ||
| 475466 | FKGRC325 | 146 | 147 | 1m samples | 0.96 | ||
| 475504 | FKGRC326 | 153 | 154 | 1m samples | 3.10 | ||
| 475505 | FKGRC326 | 6372423 | 764751 | 154 | 155 | 1m samples | 1.99 |
| 475507 | FKGRC326 | 156 | 157 | 1m samples | 1.46 | ||
| 475540 | FKGRC327 | 6372377 | 764679 | 72 | 73 | 1m samples | 1.16 |
| 475549 | FKGRC327 | 81 | 82 | 1m samples | 0.80 | ||
| 475552 | FKGRC327 | 84 | 85 | 1m samples | 5.62 | ||
| 475607 | FKGRC328 | 6372391 | 764691 | 97 | 98 | 1m samples | 2.90 |
| 475609 | FKGRC328 | 99 | 100 | 1m samples | 0.96 | ||
| 475615 | FKGRC328 | 105 | 106 | 1m samples | 2.80 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 475663 | FKGRC329 | 6372406 | 764707 | 112 | 113 | 1m samples | 6.50 |
|---|---|---|---|---|---|---|---|
| 475664 | FKGRC329 | 113 | 114 | 1m samples | 11.60 | ||
| 475665 | FKGRC329 | 114 | 115 | 1m samples | 1.80 | ||
| 475666 | FKGRC329 | 115 | 116 | 1m samples | 0.89 | ||
| 475667 | FKGRC329 | 116 | 117 | 1m samples | 1.79 | ||
| 475724 | FKGRC330 | 6372384 | 764798 | 145 | 146 | 1m samples | 0.92 |
| 475738 | FKGRC330 | 159 | 160 | 1m samples | 20.60 | ||
| 475739 | FKGRC330 | 160 | 161 | 1m samples | 4.74 | ||
| 475740 | FKGRC330 | 161 | 162 | 1m samples | 4.43 | ||
| 475741 | FKGRC330 | 162 | 163 | 1m samples | 1.91 | ||
| 475742 | FKGRC330 | 163 | 164 | 1m samples | 1.31 | ||
| 475756 | FKGRC330 | 177 | 178 | 1m samples | 4.26 | ||
| 475788 | FKGRC331 | 6372355 | 764772 | 118 | 119 | 1m samples | 2.02 |
| 475791 | FKGRC331 | 121 | 122 | 1m samples | 1.25 | ||
| 475797 | FKGRC331 | 127 | 128 | 1m samples | 17.90 | ||
| 475798 | FKGRC331 | 128 | 129 | 1m samples | 14.40 | ||
| 475799 | FKGRC331 | 129 | 130 | 1m samples | 3.70 | ||
| 475848 | FKGRC332 | 6372397 | 764811 | 166 | 167 | 1m samples | 10.60 |
| 475850 | FKGRC332 | 168 | 169 | 1m samples | 8.25 | ||
| 475856 | FKGRC332 | 174 | 175 | 1m samples | 1.10 | ||
| 475857 | FKGRC332 | 175 | 176 | 1m samples | 17.80 | ||
| 475894 | FKGRC333 | 6372412 | 764825 | 185 | 186 | 1m samples | 2.57 |
| 475895 | FKGRC333 | 186 | 187 | 1m samples | 1.21 | ||
| 475915 | FKGRC333 | 206 | 207 | 1m samples | 1.62 | ||
| 476419 | FKGRC339 | 147 | 148 | 1m samples | 3.05 | ||
| 476420 | FKGRC339 | 148 | 149 | 1m samples | 2.94 | ||
| 476427 | FKGRC339 | 155 | 156 | 1m samples | 4.02 | ||
| 476428 | FKGRC339 | 156 | 157 | 1m samples | 11.70 | ||
| 476429 | FKGRC339 | 157 | 158 | 1m samples | 1.15 | ||
| 476431 | FKGRC339 | 159 | 160 | 1m samples | 1.58 |
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CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
| 476474 | FKGRC340 | 6372418 | 764786 | 161 | 162 | 1m samples | 1.15 |
|---|---|---|---|---|---|---|---|
| 476481 | FKGRC340 | 167 | 168 | 1m samples | 1.98 | ||
| 476482 | FKGRC340 | 168 | 169 | 1m samples | 2.42 | ||
| 476483 | FKGRC340 | 169 | 170 | 1m samples | 9.48 | ||
| 476484 | FKGRC340 | 170 | 171 | 1m samples | 0.92 | ||
| 476485 | FKGRC340 | 171 | 172 | 1m samples | 0.90 | ||
| 476487 | FKGRC340 | 173 | 174 | 1m samples | 1.15 | ||
| 476488 | FKGRC340 | 174 | 175 | 1m samples | 1.11 | ||
| 476540 | FKGRC341 | 6372421 | 764720 | 130 | 131 | 1m samples | 0.83 |
| 476541 | FKGRC341 | 131 | 132 | 1m samples | 7.42 | ||
| 476542 | FKGRC341 | 132 | 133 | 1m samples | 1.49 | ||
| 476599 | FKGRC342 | 6372437 | 764732 | 139 | 140 | 1m samples | 0.92 |
| 476606 | FKGRC342 | 145 | 146 | 1m samples | 1.21 | ||
| 476608 | FKGRC342 | 147 | 148 | 1m samples | 6.20 | ||
| 476618 | FKGRC342 | 157 | 158 | 1m samples | 0.99 |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
==> picture [290 x 76] intentionally omitted <==
Appendix 1: JORC (2012) Table1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sampling techniques |
• Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. |
• The samples were taken by a RC face sampling hammer drill. All RC holes were sampled at one-metre intervals. • Care was taken to control metre delineation, and loss of fines. • The determination of mineralisation was done via industry standard methods, including RC drilling, followed by splitting, crushing and fire assaying |
| Drilling techniques |
• Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc). |
• All drilling was completed using reverse circulation method, using a Hydco 350 model rig and 6m Remet Harlsen 4 ½ inch rods. The rig mounted Airtruck has 1150 cfm 500 psi auxiliary couples with a hurricane 7t Booster 2400 cfm /1000 psi booster. The bit size was 5 5/8, |
| 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 andgrade and whether sample bias |
• Recoveries from the drilling are not known, as sample weights were not recorded at this stage of exploration, but visual inspection of samples in the field indicate that recoveries were sufficient. |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
==> picture [290 x 76] intentionally omitted <==
ASX: CLZ | ABN 119 484 016 [email protected]
| may have occurred due to preferential loss/gain of fine/coarse material. |
• The shroud tolerance was monitored, and metre delineation was kept in check. Loss of fines was controlled through mist injection. • It is not clear whether a relationship between recovery and grade occurs as recovery data was not collected(e.g. bagweights). |
|
|---|---|---|
| Logging | • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. |
• Core and chips were logged to a level of detail to support the Mineral Resource estimation. • Logging was qualitative in nature. • All intersections were logged |
| 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. |
• The nature and quality of the sampling suits the purpose, being exploration. The laboratory preparation is standard practice and has not been further refined to match the ore. • QC in the lab prep stage was limited to taking pulp duplicates (e.g. no coarse crush duplicates were submitted) • The sample split sizes (4-5 kg are regarded as more than adequate for the nature and type of material sampled. |
| Quality of assay data and laboratory tests |
• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • 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 |
• Standard 50g fire assays with an AAS finish were used to get assay results. This is a total technique, and considered appropriate for this level of exploration. • Quality control was carried out by inserting blanks and standards into the sampling chain and 5% intervals. These all showed acceptable levels of accuracy and precision. |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
==> picture [290 x 76] intentionally omitted <==
ASX: CLZ | ABN 119 484 016 [email protected]
| levels of accuracy (ie lack of bias) and precision have been established. |
||
|---|---|---|
| Verification of sampling and assaying |
• The verification of significant intersections by either independent 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. |
• Significant intersections have not been validated by independent or alternative personnel. • No twin holes were included in this programme, as it is not relevant to the stage of exploration and purpose of this drilling. • All primary data was collected on spread sheets which have been validated for errors and included into an Access database. • Assaydata has not been adjusted |
| 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 locations were determined by GPS in the field in UTM zone 50. • Topographic control is available through a detailed satellite-derived DTM. |
| 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. |
• Holes were not drilled on a pattern and there was no specific drill hole spacing. In general holes are drilled within 50m from previous intersections. • The data spacing is considered sufficient to demonstrate geological and grade continuity for estimation procedures. • Samples were not composited. |
| 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 orientation of sampling has achieved unbiased sampling of structures, with drilling perpendicular to the dip and strike of the mineralised zones • The relationship between the drilling orientation and the orientation of key mineralised structures is not considered to have introduced a samplingbias. |
| Sample security |
• The measures taken to ensure sample security. | • Samples were immediately dispatched to the laboratory and have at all times been in possession of CLM or its designated contractors. Chain of custody was maintained throughout. |
| Audits or | • The results of any audits or reviews of sampling techniques and data |
• No audits of any of the data have been carried out. |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
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reviews
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 FGP Tenements (containing the Van Uden West prospect) are registered in the name of Reed Exploration Pty Ltd, which is a wholly owned subsidiary of ASX- listed Hannans Ltd (ASX code: HNR). Classic has acquired 80% of the gold rights only, with the remaining 20% of the gold rights held free-carried by Hannans Ltd until a decision to mine. Hannans Ltd also holds all of the non-gold rights on the FGP tenements including but not limited to nickel, lithium and other metals • The acquisition includes 80% of the gold rights (other mineral rights retained by tenement holder) in the following granted tenements: E77/2207; E77/2219; E77/2239; P77/4290; P77/4291; E77/2303; E77/2220. • Lady Lila is situated upon 100% owned CLZ tenements P77/4325 and P77/4326 (details in announcement dated 21 March 2017) • Kat Gap is situated upon E74/467, held by Sulphide Resources Pty Ltd. CLZ has an option to acquire 100% of this tenement (details in announcement dated 13July2017) |
| Exploration done by other parties |
• Acknowledgment and appraisal of exploration by other parties. |
• All exploration was carried out by previous owners of the tenements (Aztec Mining, Forrestania Gold NL,ViceroyAustralia,Sons of |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
ASX: CLZ | ABN 119 484 016 [email protected]
Gwalia, Sulphide Resources Pty Ltd)
| Gwalia, Sulphide Resources Pty Ltd) |
||
|---|---|---|
| Geology | • Deposit type, geological setting and style of mineralisation. |
• The deposit is a Archean shear- zone hosted gold deposit. • Geological interpretation indicates that the general stratigraphy consists of metasediments, BIF’s and cherts to the east of the tenement, overlying an older sequence of metamorphosed komatiitic and high-magnesian basalts to the west. Black shales/pelites occur as small interbedded units throughout the stratigraphy, which dips gently to the east (10-35°) and strikes N-S, bending in a NNW direction in the far north of the tenement. • An Archaean-aged quartz dolerite unit (informally the ‘Wattle Rocks Dolerite’) is emplaced along a contact between high-MgO basalt to the west and low-MgO ultramafic to the east, in the western part of the tenement and is the host rock for the Lady Ada (and Lady Magdalene) mineralisation. Strongly magnetic Proterozoic dolerite dykes cross- cut the stratigraphy in an east- west direction, splaying to the ENE, following fault directions interpreted from the aeromagnetics. A number of narrow shear zones lie subparallel to the shallow-dipping metasediment-mafic contact within the host stratigraphy and are important sites and conduits for the observed mineralisation. The Sapphire shear zone strikes approximately ENE, dipping to the SE at about 25°, and appears to crosscut all lithologies. This shear zone and associated shears host the bulk of the gold mineralisation at Wattle Rocks. Similar flat- dippingshears are known to |
| Gwalia, Sulphide Resources Pty Ltd) |
||
|---|---|---|
| Geology | • Deposit type, geological setting and style of mineralisation. |
• The deposit is a Archean shear- zone hosted gold deposit. • Geological interpretation indicates that the general stratigraphy consists of metasediments, BIF’s and cherts to the east of the tenement, overlying an older sequence of metamorphosed komatiitic and high-magnesian basalts to the west. Black shales/pelites occur as small interbedded units throughout the stratigraphy, which dips gently to the east (10-35°) and strikes N-S, bending in a NNW direction in the far north of the tenement. • An Archaean-aged quartz dolerite unit (informally the ‘Wattle Rocks Dolerite’) is emplaced along a contact between high-MgO basalt to the west and low-MgO ultramafic to the east, in the western part of the tenement and is the host rock for the Lady Ada (and Lady Magdalene) mineralisation. Strongly magnetic Proterozoic dolerite dykes cross- cut the stratigraphy in an east- west direction, splaying to the ENE, following fault directions interpreted from the aeromagnetics. A number of narrow shear zones lie subparallel to the shallow-dipping metasediment-mafic contact within the host stratigraphy and are important sites and conduits for the observed mineralisation. The Sapphire shear zone strikes approximately ENE, dipping to the SE at about 25°, and appears to crosscut all lithologies. This shear zone and associated shears host the bulk of the gold mineralisation at Wattle Rocks. Similar flat- dippingshears are known to |
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CLASSIC MINERALS LIMITED
==> picture [290 x 76] intentionally omitted <==
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
==> picture [310 x 399] intentionally omitted <==
crosscut the Lady Magdalene area. Approximately 8-12 metres of transported sands and a gold depleted weathering profile of saprolitic clays overly the Lady Ada and Lady Magdalene mineralisation.
• Structurally, the Wattle Rocks area is quite complex and is positioned near the intersection of several major breakages and flexures in the regional stratigraphy in this part of the Forrestania Greenstone belt. Numerous shear zones are evident throughout the area, particularly at changes of rock stratigraphy where there are rheological differences. Narrow, stacked, flat-dipping shear zones are evident within the quartz dolerite unit and may have resulted from thrusting of the younger sedimentary sequence over the mafic package from east to west. A similar model is predicted for Van Uden (10 km northwards) where mineralised quartz veins appear to ‘stack’ through a host ferruginous metasediment.
| Drill hole | • A summary of all information material to | • This information is provided in |
|---|---|---|
| Information | the understanding of the exploration | attached tables |
| results including a tabulation of the | ||
| following information for all Material drill | ||
| holes: | ||
oeasting and northing of the |
||
| drill hole collar | ||
oelevation or RL (Reduced Level |
||
| – elevation above sea level in | ||
| metres) of the drill hole collar | ||
odip and azimuth of the hole |
||
odown hole length and |
||
| interception depth | ||
ohole 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 understandingof the |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065 ASX: CLZ | ABN 119 484 016 [email protected]
==> picture [290 x 76] intentionally omitted <==
| report, the Competent Person should clearlyexplain whythis is the case. |
||
|---|---|---|
| Data aggregation methods |
• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values should be clearly stated. |
• High grades were not cut in the reporting of weighted averages in this Report. • Summary drill hole results as reported in figures and in the appendix 2 to this Report are reported on a 2m internal dilution and 0.5 g/t Au cuto-off. |
| 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 (eg ‘down hole length,true width not known’). |
• In almost all cases, the drill holes are perpendicular to the mineralisation. The true width is not expected to deviate much from intersection width. |
| 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. |
• Appropriate images have been provided in the Report. |
| 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. |
• Figures represent specific selected drill intervals to demonstrate the general trend of high grade trends. Cross sections show all relevant result in a balanced way. |
| 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; |
• No other relevant data is reported |
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CLASSIC MINERALS LIMITED
71 Furniss Rd, Lansdale Western Australia 6065
==> picture [290 x 76] intentionally omitted <==
ASX: CLZ | ABN 119 484 016 [email protected]
-
potential deleterious or contaminating substances.
-
Further work • The nature and scale of planned further • Further RC drilling is being work (eg tests for lateral extensions or considered. depth extensions or large-scale step-out • Figures clearly demonstrate the drilling). areas of possible extensions
-
• Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
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