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CONICO LTD Capital/Financing Update 2020

Dec 7, 2020

64678_rns_2020-12-07_7cc7f0ab-bd75-4d16-a835-169d5e80a701.pdf

Capital/Financing Update

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8 December, 2020

ACN 119 057 457

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Australian Securities Exchange Annoucement

* UPDATED ***

NEW HIGHLY MINERALISED DISCOVERY AND SUCCESSFUL GRAVITY SURVEY AT MESTERSVIG

HIGHLIGHTS

  • Results from the 2020 Mestersvig Project field season have been received;

  • Lead results from newly discovered vein reported in CNJ’s ASX Announcement (24 November 2020) reported at >10% have now come back with peak assays of 69.5% lead, 0.91% copper and 282g/t silver;

  • Gravity survey covering ~4% of the licence area has highlighted anomalies that are coincident with mineralised trends and represent drill targets for the 2021 field season;

  • A review of historic¹ diamond drilling, surface sampling and mapping has revealed multiple targets;

  • Licence enlargement has progressed to the next stage; and

  • Results for Conico’s Ryberg (magmatic Cu-Ni-Co-Pd-Au) and Sortekap (gold) Projects expected in shortly.

Conico Executive Director Mr Guy Le Page said:

“Mestersvig has seen no systematic exploration efforts since the Blyklippen Mine closed in the early 60’s (past production 545,000 tonnes @ 9.9% Pb, 9.3% Zn). Our first program consisting of only 4 weeks in the field has revealed the immense opportunity of this project to host a substantial highgrade and large tonnage deposit. Our sights are now firmly set on the 2021 drill program.”

SUMMARY

In September 2020, Conico Limited (ASX: CNJ) (“Conico” or “the Company”) conducted its first activities at the 100% owned Mestersvig Pb-Zn-Ag Project in East Greenland (Figure 1). The crew collected ground-borne gravity data, surface samples and conducted a review of on-site facilities and material. The licence area contains the historic Blyklippen Mine that produced 545,000 tonnes @ 9.9% zinc & 9.3% lead, hosted within a vein that varies in width from 2 - 50m.

Surface samples identified a newly mineralised occurrence in the east of the licence area, referred to as the ‘Nuldal Prospect’, with two samples of massive galena collected that grade 60.66% lead, 0.91% copper & 236g/t silver (Sample 4958), and 69.47% lead, 0.77% copper & 282g/t silver (Sample 4959). Historic exploration efforts in this location identified differing mineralisation grading up to 7% copper and 0.4% zinc, further elevating the Nuldal Prospect’s status as a priority target.

¹ Cautionary statement. The historic drill-hole and rock-chip data reported has been collated from historic records held by the Geological Survey of Greenland and Denmark (GEUS) in Copenhagen. Conico notes that not original data and procedures have been identified, and some of the reported data is incomplete. As such, Conico intends to use the historic data primarily to guide further exploration. Further details on the data can be found in JORC Table 1 at the end of the document.

8 December, 2020

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A ground-borne gravity survey was conducted at priority areas (Blyklippen, Sortebjerg & Nuldal), covering approximately 4% of the Mestersvig licence. The survey was conducted at 200m line spacing and 50m station spacings. The strongest anomaly was once again at the Nuldal Prospect, with a high-density linear feature following along strike of known vein outcrop.

A thorough review of historic data is detailed in this report and includes assay results for: 15 diamond drill-holes at the Sortebjerg Prospect (over a strike length of 2.9km), and 3 diamond drillholes beneath the Blyklippen mine, and surface sampling. Work has begun on creating a 3D model of the historic Blyklippen Mine and Sortebjerg Prospect.

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Figure 1: Location map for 2020 field activites.

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NULDAL

Field personnel traversed this vein from the coastline, up the mountainside where outcrop was discovered containing massive galena (lead sulphide), hosted in a quartz vein. Two surface rockchip samples were collected and sent for analysis (table 1, Figure 2).

Sample ID Easting Northing Year Ag g/t Cu % Pb % S % Zn %
4958 605,732 8,007,379 2020 236 0.91 60.66 7.32 0.03
4959 605,730 8,007,381 2020 282 0.77 69.47 9.58 0.03

The results are of particular interest as previous explorers collected four surface rock-chip samples2 from the same vein, 200m to the south and identified oxidised sulphides containing significant copper up to 7% (table 2).

The vein also extends to the north into an area referred to as ‘Little Lead Valley’. While no analytical results are present, a report from 1952 states “…several small fissure veins outcrop in the steep western walls of Blyryggen, between 600-700m above sea-level. Some of them contain lead sulphide…”. The total strike length of the ‘Little Lead Valley’ veins and Nuldal combined is 4.5km.

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**Sample ID ** Sample Type Cu%
NG001 Rock chip 0.15
NG002 Rock chip 7.05
NG003 Rock chip 2.9
NG004 Rock chip 1.76

TABLE 2: Assay results for historic (2011) Nuldal surface samples.

Figure 2: Massive galena sampled from the Nuldal Prospect in 2020 (sample 4958).

The gravity survey was extended to the southern extent of the Nuldal Prospect, where the vein becomes obscured by scree. There is a distinct gravity high in this location, showing what appears to be a linear feature that then bends to the southwest and has a strike length of 2km (when combined with the ‘Little Lead Valley’ and Nuldal veins, this gives a total prospective strike length of 6.5km. The gravity anomaly is in an accessible location on flat ground nearby to Mestersvig Bay. Based on these encouraging results, the Company submitted an application to enlarge the Mestersvig licence area, encompassing all of the geology of interest for the Nuldal Prospect.

2 Cautionary statement. The historic drill-hole and rock-chip data reported has been collated from historic records held by the Geological Survey of Greenland and Denmark (GEUS) in Copenhagen. Conico notes that not original data and procedures have been identified, and some of the reported data is incomplete. As such, Conico intends to use the historic data primarily to guide further exploration. Further details on the data can be found in JORC Table 1 at the end of the document.

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SORTEBJERG

The Sortebjerg Prospect is located 10km south of the Blyklippen Mine and consists of a mineralised quartz vein that contains dominantly sphalerite (zinc sulphide) mineralisation, with subordinate galena and chalcopyrite (copper sulphide). The vein outcrops at surface in four locations, over a strike length of approximately 2.9km.

The field team focussed on taking surface rock-chip samples for scientific analysis to determine ore genesis, however four samples were also sent for assay and the most anomalous results being 8.35% zinc (sample 4954), and 6.96% copper & 3.42% lead (sample 4956). All samples are shown in Table 3, a photo of the sample location in Figure 3, and sample locations in Figure 5.

**Sample ID ** Sample Type Cu% Pb% Zn%
4954 Rock chip 0.03 0.28 8.35
4955 Rock chip <0.01 0.01 0.02
4956 Rock chip 6.96 3.42 0.016
4957 Rock chip 0.03 <0.01 <0.01

Table 3: Assay results for 2020 Sortebjerg surface samples.

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Figure 3: Outcropping vein at Sortebjerg containing appreciable zinc, copper and lead.

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8 December, 2020

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These samples are further complimented by 15 historic diamond drill holes at Sortebjerg over two campaigns in 1952 and 2011 [3] . These occurred over a strike length of 2.9km with the following notable results (Figure 5):

BH001 5.17m @ 12.58% zinc & 1.77% lead, from 40m downhole BH002 1.55m @ 15.87 zinc, from 122.75m downhole BH003 1.05m @ 7.13% zinc, from 13.15m downhole 4.03m @ 9.11% zinc, 1.28% lead & 0.21% copper, from 51.85m downhole BH010 1.55m @ 18.21% zinc, 7.34% lead & 0.8% copper, from 40.2m downhole BH012 3.1m @ 12.62% zinc, 8.46% lead & 3.04% copper, from 46.15m downhole SB017 2.5m @ 16.11% zinc, from 8.25m downhole SB018 1.0m @ 17.95% zinc & 8.53% lead, from 21.8m downhole SB019

o 1.0m @ 17.33% zinc, from 53.8m downhole

The summary drill results use length weighted average, over a minimum drilled intercept of 1.0m, and a minimum grade of either 1% copper, lead or zinc. Full assay results and collar details are in Appendices 2 and 3.

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Figure 4: Outcropping vein at Sortebjerg containing sphalerite.

The gravity survey conducted in 2020 covers the northern extent of the Sortebjerg Prospect, including the northern most drill-hole (SB019). There are gravity lows (blue purple) and highs (red) that may represent targets worthy of follow up exploration. It does however appear that the survey does not readily discern a density contrast between the host rock and abundance of sulphide minerals (notably sphalerite: Figure 4) where the vein outcrops, nor where it has been encountered in drilling. This suggests that the survey may be too broadly spaced and higher resolution required in this location.

3 Cautionary statement. The historic drill-hole and rock-chip data reported has been collated from historic records held by the Geological Survey of Greenland and Denmark (GEUS) in Copenhagen. Conico notes that not original data and procedures have been identified, and some of the reported data is incomplete. As such, Conico intends to use the historic data primarily to guide further exploration. Further details on the data can be found in JORC Table 1 at the end of the document.

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Figure 5: Location for Sortebjerg 2020 surface samples, and historic drill collars[4] .

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BLYKLIPPEN

Activities at Blyklippen included the gravity survey and collecting samples of host rock for ore genesis research. An unexpected and welcome discovery was finding the historic mine’s core storage facility that contains surface and underground drill core the mine and surrounds that is remarkably intact (Figure 6). It is the Company’s intention to re-log this core and conduct technical analysis that will aid in understanding ore genesis, and pathfinders for locating additional mineralisation.

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Figure 6: The Blyklippen core storage facility.

The gravity response at Blyklippen has a pronounced gravity low which is likely due to the historic mining operation where the opencut and underground operations removed the mineralised vein.

A review of 2011 historic diamond drilling[4] has been conducted, where three diamond drill-holes were placed beneath the historic mine workings (Figure 7). While the drill-holes did intersect mineralisation, our review has highlighted that they may not have been sufficiently deep to intersect the steeply dipping Blyklippen vein, only intersecting minor parallel vein(s) located prior. This reinvigorates the potential for additional high-grade ore to be discovered at depth.

4 Cautionary statement. The historic drill-hole and rock-chip data reported has been collated from historic records held by the Geological Survey of Greenland and Denmark (GEUS) in Copenhagen. Conico notes that not original data and procedures have been identified, and some of the reported data is incomplete. As such, Conico intends to use the historic data primarily to guide further exploration. Further details on the data can be found in JORC Table 1 at the end of the document.

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A summary of the drill-holes is as follows:

  • BK001 o No significant intercepts

BK002

  • 1.0m @ 3.66% zinc, from 321.9m downhole

  • BK003

  • 1.4m @ 5.96% zinc & 4.97% lead, from 263.0m downhole

The summary drill results use length weighted average, over a minimum drilled intercept of 1.0m, and a minimum grade of either 1% copper, lead or zinc. Full assay results and collar details are in Appendices 2 and 3.

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Figure 7: Historic Blyklippen drill collars and traces[4] , relative to mine workings.

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MESTERSVIG PROJECT SUMMARY

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Figure 10: Northerly view from the Blyklippen mine, toward the harbour and military base.

HISTORY AND LOCATION

The project area is located in east Greenland, approximately 200km NNW of the nearest settlement at Ittoqqortoormiit. Immediately to the south of the licence area is Greenland Resources’ Malmbjerg molybdenum project, and to the north is Greenfield Exploration & IGO’s Frontier copper project. Adjacent to the Mestersvig Project is the Mestersvig Danish military base, complete with airstrip and harbour.

Between 1956-1962, the Blyklippen Mine produced a total of 545,000 tons of ore grading 9.3% Pb and 9.9% Zn. This was an opencut and underground operation with ore extracted from 3 adits using the cut and fill method, the width of the stopes being the same as the width of the mineralised veins. The mill with all processing facilities (crushing, grinding, flotation, thickeners, filters, drying furnaces), are underground in chambers excavated in the sandstone below the ore body and are still present today. The mill was designed for a daily production of 350 tons ore corresponding to an annual production (11 month) of about 90,000 tons.

MINERALISATION

Mineralisation at Blyklippen is hosted in quartz veins developed along a normal fault, hosted in Permo-Carboniferous sandstones. Thickness of the vein varies from a few metres, up to 50m wide. The mined-out sulphide lens was 2-10m thick, 300 m long and 160 m high. It consisted of 65% quartz, 15% sphalerite, 10% galena, 5-10% baryte with trace amounts of pyrite, chalcopyrite and tetrahedrite.

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For and on behalf of the board,

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Guy T Le Page, FFIN, MAusIMM Executive Director

COMPETENT PERSONS STATEMENT

The information contained in this report relating to exploration results relates to information compiled or reviewed by Thomas Abraham-James, a full-time employee of Longland Resources Ltd. Mr. Abraham-James has a B.Sc Hons (Geol) and is a Chartered Professional (CPGeo) and Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). Mr. Abraham-James has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the Joint Ore Reserve Committee (JORC) “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Abraham-James consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

FORWARD-LOOKING STATEMENTS

This announcement contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward-looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

CAUTIONARY STATEMENT

The historic drill-hole and rock-chip data reported has been collated from historic records held by the Geological Survey of Greenland and Denmark (GEUS) in Copenhagen. Conico notes that not original data and procedures have been identified, and some of the reported data is incomplete. As such, Conico intends to use the historic data primarily to guide further exploration. Further details on the data can be found in JORC Table 1 at the end of the document.

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JORC Code, 2012 Edition

Section 1: Sampling Techniques and Data

  • *1: Conico Ltd 2020 gravity survey

  • *2: Conico Ltd 2020 surface sampling

  • *3: Ironbark Zinc Ltd 2011 surface sampling

  • *4: Ironbark Zinc Ltd 2011 diamond drilling

*5: Nordisk Mineselskab A/S 1952 diamond drilling

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.
• 1: Ground gravity survey with the following survey
details:
- 50m spaced stations on 200m spaced lines (2,342
stations)
- Scintrex CG5 digital gravity meter and a Lacoste
and Romburg G series meter
- Leica GS15 RTK DGPS
- Accuracy <0.02 mGal
- Elevation accuracy <2cm
• 2 & 3: Surface reconnaissance rock-chip samples
taken from outcrop.
• 4 & 5: Diamond drilling for the retrieval of core
samples, conducted using industry standard drill
rigs.
Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or
systems used.
• 1: The data were tide and drift corrected with
additional repeat readings taken to establish the
survey accuracy.
• 2 & 3: Rock-chip samples were chosen based upon
geological features relevant to the target
mineralisation.
• 4 & 5: Drill targets were selected based on
geological features relevant to the target
mineralisation.
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.
• 1: The gravity survey was chosen as a method for
delineating the presence of sulphide mineralisation
due to the high density of lead/zinc sulphide relative
to host rock lithologies.
•2: Rock-chip samples were collected from the
field, placed into sample bags, and then submitted
to SGS Laboratories, Spain and crushed, split and a
portion pulverised to produce a representative sub-
sample for analysis by aqua regia digest and
Inductively Coupled Atomic Emission Spectrometry
(ICP-AES) for the following elements: Ag, Co, Cu, Ni,
Pb, S, Zn. Follow up analysis was then conducted at
SGS Canada Inc., where pulps were delivered by SGS
Laboratories Spain, for analysis by borate fusion and
XRF for the following element: Pb; and aqua regia
digest and Inductively Coupled Optical Emission
Spectrometry (ICP-OES) for the following elements:
Ag, Cu, S, Zn.
•3: Rock-chip samples were collected from the
field, placed into sample bags, and then submitted
to ALS Chemex, Sweden and crushed, split and a
portion pulverised to produce a representative sub-
sample for analysis by four-acid digest and
Inductively Coupled Plasma Mass Spectrometry
(ICP-MS) for the following elements: Al2O3, As, CaO,
Co, Cr, Cu, Fe, K, MgO, MnO, Ni, Pb, S, SiO2, TiO2,
Zn.

December, 2020

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•4: Sample intervals ranged from 0.3m – 1.0m
(averaging 0.61m within mineralised zones and
0.85m outside) and were based on logging.
- Samples were half core.
- Samples were submitted to ALS Chemex, Sweden
and crushed, split and a portion pulverised to
produce a representative sub-sample for analysis by
four-acid digest and Inductively Coupled Plasma
Mass Spectrometry (ICP-MS) for the following
elements: Al2O3, As, CaO, Co, Cr, Cu, Fe, K, MgO,
MnO, Ni, Pb, S, SiO2, TiO2, Zn. Atomic Absorption
Spectrometry (AAS) was used for Au & Ag.
•5: Sample intervals ranged from 0.11m – 2.03m
(averaging 0.68m within mineralised zones and
1.06m outside) and were based on logging.
- It is unknown whether half. Quarter, or whole core
was submitted for analysis.
- Samples from were submitted to Bolidens
Gruvaktiebolag’s laboratory in Rönnskärsverken,
Sweden. Due to the incomplete nature of the
historic drill data and records, including procedures,
a comment on the sample representativity system
used cannot be made. The data cannot be
considered ‘industry standard’ by modern
standards. It has been assumed that all reported
assays are representative of technology available at
the time,but no reliance has beenput on it.
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.).
• 1, 2 & 3: N/A
• 4: Drilling was conducted using 1x Hydracore
HC1800 Diamond coring drill rig. The core diameter
is BQ (36.5mm). No orientations were conducted.
Down-hole surveys were taken for holes BK001-003
only, using an unknown instrument.
• 5: Drilling was via 2 x chuck mounted hydraulic
coring diamond drills supplied by Svenska
Diamantbergborrnings AB. The hole diameters are
46mm, with some holes reduced to 36mm when
casing was required to drill through broken ground.
No orientations or down-hole surveys were
conducted.
Drill sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
• 1, 2 & 3: N/A
• 4 & 5: No records of core recovery have been
identified from the historic data.
- The absence of drill recovery data means that
reported grades may be subject to either over or
underreporting. No assessment or estimation of
these effects has been made due to the lack of data.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
• 1, 2 & 3: N/A
• 4: No records of measures to maximise sample
recovery have been identified from the historic
data.
• 5: Reports state that when broken ground or clay
was encountered, shorter drill runs were taken (1.5-
2.0m)and the hole was cased usingcasing pipe.
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.
• 1, 2 & 3: N/A
• 4 & 5: Given the absence of core recovery data, it
is not possible to assess the potential of a
relationship between sample recovery and grade.

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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.
• 1, 2 & 3: N/A
• 4 & 5: Geological logs have been identified for all
drill-holes. They include reference to lithology and
the presence of visible mineralisation. No
geotechnical logs have been identified. The drillhole
information reported here is not of a sufficient level
of detail to support a Mineral Resource estimation,
miningstudyor metallurgical study.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
• 1, 2 & 3: N/A
• 4 & 5: All core logging is qualitative.
- Core photography has been identified for holes
BK001,BK002,BK003,SB017,SB018 and SB019.
The total length and percentage of the
relevant intersections logged.
• 1, 2 & 3: N/A
• 4 & 5: Geological logs have been identified for all
drillholes reported,in their entirety.
Sub-sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
• 1, 2 & 3: N/A
• 4: Core was sawn in half along the drill core axis
using a diamond saw.
• 5: No details of the sub-sampling or sample
preparation techniques have been identified from
the historic records, and no supporting sampling
procedures have been identified. It is not known
whether ¼, ½ or whole core was submitted for
analysis.
If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet or
_dry. _
• 1,2, 3, 4 & 5: N/A
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
• 1: N/A
• 2 & 3: Sample preparation comprised industry
standard oven drying, crushing, and pulverising.
Homogenised pulp material was used for assaying.
• 4: The sample preparation technique is judged
appropriate for the sample type and mineralisation
style being tested.
- All core was marked up for sampling by qualified
geologists prior to core cutting. Sample widths
range from 0.3 to 1.0m.
- Sample preparation comprised industry standard
oven drying, crushing, and pulverising.
Homogenised pulp material was used for assaying.
• 5: Due to the lack of available data it is not
possible to make comment on the quality and
appropriateness of the sample preparation
technique for DD core.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
• 1: N/A
• 2: No sub-sampling occurred.
• 3, 4 & 5: There is no evidence of sub-sampling
havingoccurred.
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.
• 1: N/A
• 2: No field duplicates or second half sampling
occurred.
• 3, 4 & 5: There is no evidence of duplicate or
second half sampling having occurred at either the
Nordisk Mineselskab A/S or Ironbark Zinc Ltd drill
programmes.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
• 1: N/A
• 2: Sample weights ranged between 0.5 – 2.5kg,
and are deemed appropriate for the mineralisation
style.
• 3, 4 & 5: sample weights are unknown; therefore,
no comment can be made on their appropriateness.

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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.
• 1: N/A
• 2: Samples were assayed by independent certified
commercial laboratories (SGS Laboratories Spain &
SGS Canada Inc.). The laboratories are experienced
in the preparation and analysis of base and precious
metal sulphide ores. Samples were analysed via
aqua regia ICP-AES & ICP-OES, which are considered
partial. Pb was analysed via borate fusion / XRF
which is considered total.
• 3 & 4: Samples were assayed by an independent
certified commercial laboratory (ALS Chemex,
Sweden). The laboratory is experienced in the
preparation and analysis of base and precious metal
sulphide ores. Samples were analysed via ICP
Fusion, which is considered total, and mineralised
samples also via aqua regia digest for Ag & Au,
which is considered partial.
• 5: No descriptions of the assaying and laboratory
procedures used have been found. It is not known
whether the techniques used arepartial 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.
•1,2 ,3 ,4 & 5: N/A
Nature of quality control procedures adopted
(e.g. standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e. lack of bias) and
precision have been established.
• 1: N/A
• 2: Internal laboratory checks were used, and an
acceptable level of accuracy was achieved (i.e., 2
standard deviations).
• 3 & 4: A certified laboratory standard (GBM906-
15) was submitted together with the samples. The
standard came back within acceptable limits (i.e., 2
standard deviations).
• 5: No descriptions of quality control procedures
adopted by the laboratory, nor any results of any
related Quality Control data, has been identified.
Therefore, comment on whether acceptable
accuracy and precision of results had been
established has not been made.
Verification of
sampling and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
• 1: N/A
• 2: Verification was made by alternative company
personnel who viewed the sample photographs and
concurred with the presence of visible lead, zinc and
copper bearing minerals.
• 3, 4 & 5: Due to the historic nature of the results
reported, it has not been possible to verify
significant intersections. No core from these
programmes has been examined by Conico
personnel.
- Mineralisation evident in core photos from the
Ironbark Zinc Ltd drilling correlate with anomalous
assayresult intercepts.
The use of twinned holes. • 1, 2 & 3: N/A
• 4 & 5: There is no evidence of twinned holes.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
• 1: N/A
• 2: All sample data was recorded on site via
notebook and GPS, then transferred to Microsoft
Excel spreadsheet at the end of day. Original assay

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certificates from the laboratory are digital and have
been stored on secure server.
• 3 & 4: Annual geological reports and associated
assay certificates and core photos are held in digital
format, obtained from the Geological Survey of
Denmark and Greenland (GEUS).
- Original drill core is stored at Ironbark’s Citronen
Project in Greenland.
• 5: Information is in digital format only and
includes scans of original assay certificates and logs
written in pencil at site. Data was obtained directly
from the Geological Survey of Denmark and
Greenland (GEUS).
• Comment: Conico has stored all drill-hole, rock-
chip, assay and geophysical data on a secure server,
backed upto the cloud.
Discuss any adjustment to assay data. • 1: N/A
• 2: No adjustments have been made.
• 3, 4 & 5:Given the absence of detailed historical
information relating to the assay data, no adjustment
to the assay data has been made. The data has been
reported as it was recorded in the original
documentation.
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.
• 1, 2 & 3: N/A
• 4: Drill hole collar locations were recorded using a
Garmin handheld GPS which has an accuracy of
<8m. Down hole survey information is available only
for holes BK001, BK002 & BK003, however no
information is available regarding the tool used,
therefore no comment can be made on its accuracy
or quality.
• 5: No down hole survey information is available.
Drill hole collar locations have been established
using historic drill plans and conversion from the
local grid used at the time. Due to the historic
nature of the data, no comment can be made on its
accuracyorquality.
Specification of the grid system used. •1, 2, 3 & 4: The Grid System used for all location
data points is UTM WGS 84 Zone 26N.
• 5: A local grid was used, and historic plans used to
convert points into UTM WGS 84 Zone 26N co-
ordinates.
Quality and adequacy of topographic control. •1: Survey elevations established by post processed
Kinematic GPS. Topographic corrections used a
merged gravity elevation and ALOS DEM dataset.
•2: Topographic information was sourced from the
Greenland Mapping Project (GIMP) digital elevation
model (30m accuracy).
• 3 & 4:Topographic information sourced from the
Geological Survey of Denmark and Greenland.
• 5: No details on topographic control have been
located,therefore no comment can be made.
Data spacing
and distribution
Data spacing for reporting of Exploration
Results.
• 1: N/A
• 2, 3, 4 & 5: Surface samples and drill-holes are not
located in a grid pattern, they were selected based
on specific technical and access controls.
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.
• 1, 2 & 3: N/A
• 4 & 5:The data spacing is not deemed to be
sufficient for this criterion. Drill spacing was based
on geological criteria and exploratory in nature.

8 December, 2020

==> picture [36 x 36] intentionally omitted <==

Whether sample compositing has been
applied.
• 1: N/A
• 2, 3, 4, & 5:No sample compositing has been
applied.
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.
• 1, 2 & 3: N/A
• 4 & 5: The orientation of the drilling is
approximately perpendicular to the strike and dip of
the mineralisation and therefore should not be
biased.
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.
• 1, 2 & 3: N/A
• 4 & 5: There are no known biases caused by the
orientation of the drill holes.
Sample security The measures taken to ensure sample
security.
• 1: N/A
• 2: Samples were taken from the field to storage
on site, and then flown to secure storage in Iceland.
They were then transported by DHL to Longland
Resources Ltd director Thomas Abraham-James in
Portugal, who then personally drove them to the
laboratory. The samples were then moved internally
from SGS Laboratories Spain to SGS Canada Inc.
• 3 & 4: Personnel oversaw the samples move from
the field to storage on site, to freight to ALS Labs.
• 5: No records relating to the sample security have
been identified, therefore no comment can be
made.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
• 1: N/A
• 2, 3, 4 & 5: No audits or reviews of the sampling
techniques and data have been undertaken.

Section 2: Reporting of Exploration Results

==> picture [522 x 383] intentionally omitted <==

----- Start of picture text -----

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, location and • The Mestersvig Project is wholly within Mineral
tenement and ownership including agreements or material Exploration Licence 2020/64, located on the east
land tenure issues with third parties such as joint coast of Greenland. It is held 100% by Longland
status ventures, partnerships, overriding royalties, Resources Ltd, a wholly owned subsidiary of Conico
native title interests, historical sites, Ltd.
wilderness or national park and • Mineral Exploration Licence 2020/64 lies within
environmental settings. the Northeast Greenland National Park.
The security of the tenure held at the time of • The tenure is secure and in good standing at the
reporting along with any known time of writing. There are no known impediments.
impediments to obtaining a licence to
operate in the area.
Exploration Acknowledgment and appraisal of • The data referenced in this report refers to
done by other exploration by other parties. exploration undertaken by historic mining and
parties exploration companies operating the Project from
1952 to 2011. The previous workers include Nordisk
Mineselskab A/S and Ironbark Zinc Ltd.
• The historic data referenced in this report
includes diamond drilling, surface sampling and
mining.
Geology Deposit type, geological setting and style of • The type is likely that of a Mississippi Valley Type
mineralisation. (MVT) Pb-Zn-Ag deposit where mineralisation has
been re-mobilised by fluids along faults.
Mineralisation is present as massive galena-
sphalerite, with associated chalcopyrite.
Mineralisation is present within quartz-barite veins,
hosted within sandstone and conglomerates.
Known mineralisation is within the fault and vein
systems associated with a Devonian graben system.
Drill hole A summary of all information material to the • Refer to Appendix 2.
Information understanding of the exploration results
16
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8 December, 2020

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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.
• This is not the case.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. cutting of
high grades) and cut-off grades are usually
Material and should be stated.
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.
•Reported assays in the body of the report have
been length weight averaged and use a cut-off of
>1% either lead, zinc or copper, over a minimum
intercept length of 1.0m.
•Assays are reported in their entirety in Appendix
3.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
• Metal equivalents have not been used.
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’). _
• Due to the absence of the use of orientated core,
true widths of the mineralisation reported for the
historic drilling data has not been estimated.
• Interval widths reported refer to downhole
length.
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.
• Refer to Figures 1, 5 and 7.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
• All assay data that has been identified is reported
in Appendix 3.
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.
• The drill core stored on site is from underground
and surface mine development drilling. No details
on this drill core have been identified at the time of
writing, therefore no comment can be made as to
whether it is meaningful.
• Regional aeromagnetic data was acquired by the
Greenland government and covers the licence area.
It was flown at 400m line spacing, and altitude of
approximately 300m.

8 December, 2020

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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).
•The Company intends to acquire high-resolution
(100m line spacing) aeromagnetic data to have
tighter control on fault locations. This is deemed
essential due to mineralisation being fault
controlled.
•Diamond drilling of known targets identified in the
gravity survey, surface sampling and historic
diamond drillingis alsoproposed to occur.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
•Refer to Figures 1, 5 and 7.

18

8 December, 2020

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Appendix 3 - Surface sampling

DETAILS F SURFACE SAMPLING AT THE MESTERVIG PROJECT

Sample ID Easting Northing Year Ag g/t Al2O3 As % CaO % Co % Cr % Cu % Fe % Fe2O3 %
4951 597,800 8,012,023 2020 <100 N.A. N.A. N.A. <0.001 N.A. <0.01 N.A. N.A.
4952 597,800 8,012,025 2020 <100 N.A. N.A. N.A. <0.001 N.A. <0.01 N.A. N.A.
4953 597,803 8,011,905 2020 <100 N.A. N.A. N.A. <0.001 N.A. <0.01 N.A. N.A.
4954 601,451 8,002,654 2020 <100 N.A. N.A. N.A. 0.001 N.A. 0.03 N.A. N.A.
4955 601,448 8,002,662 2020 <100 N.A. N.A. N.A. 0.004 N.A. <0.01 N.A. N.A.
4956 601,427 8,002,691 2020 <100 N.A. N.A. N.A. <0.001 N.A. 6.96 N.A. N.A.
4957 601,427 8,002,697 2020 <100 N.A. N.A. N.A. 0.004 N.A. 0.03 N.A. N.A.
4958 605,732 8,007,379 2020 236 N.A. N.A. N.A. <0.001 N.A. 0.91 N.A. N.A.
4959 605,730 8,007,381 2020 282 N.A. N.A. N.A. <0.001 N.A. 0.77 N.A. N.A.
4960 597,645 8,005,944 2020 <100 N.A. N.A. N.A. <0.001 N.A. <0.01 N.A. N.A.
NG001 605,901 8,007,165 2011 N.A. 1.37 0.01 <0.05 <0.002 0.04 0.15 3.53 5.04
NG002 605,864 8,007,241 2011 N.A. 0.75 0.01 0.06 0.002 0.14 7.05 8.44 12.05
NG003 605,869 8,007,245 2011 N.A. 1.45 <0.01 0.15 <0.002 0.03 2.90 3.14 4.49
NG004 605,870 8,007,230 2011 N.A. 1.88 <0.01 0.12 <0.002 0.03 1.76 3.15 4.51
Sample ID Easting Northing Year K % MgO % MnO % Ni % Pb % S % SiO2 % TiO2 % Zn %
4951 597,800 8,012,023 2020 N.A. N.A. N.A. <0.001 0.02 <0.1 N.A. N.A. 0.270
4952 597,800 8,012,025 2020 N.A. N.A. N.A. <0.001 0.17 <0.1 N.A. N.A. 0.800
4953 597,803 8,011,905 2020 N.A. N.A. N.A. <0.001 <0.01 <0.1 N.A. N.A. 0.560
4954 601,451 8,002,654 2020 N.A. N.A. N.A. <0.001 0.28 4.1 N.A. N.A. 8.350
4955 601,448 8,002,662 2020 N.A. N.A. N.A. 0.004 0.01 0.1 N.A. N.A. 0.020
4956 601,427 8,002,691 2020 N.A. N.A. N.A. 0.002 3.42 6.0 N.A. N.A. 0.016
4957 601,427 8,002,697 2020 N.A. N.A. N.A. 0.034 <0.01 0.1 N.A. N.A. <0.01
4958 605,732 8,007,379 2020 N.A. N.A. N.A. <0.001 60.66 7.32 N.A. N.A. 0.030
4959 605,730 8,007,381 2020 N.A. N.A. N.A. <0.001 69.47 9.58 N.A. N.A. 0.030
4960 597,645 8,005,944 2020 N.A. N.A. N.A. <0.001 0.05 <0.1 N.A. N.A. <0.01
NG001 605,901 8,007,165 2011 0.3 0.07 <0.01 N.A. 81.00 N.A. 88.2 0.04 8.350
NG002 605,864 8,007,241 2011 0.1 0.03 0.07 N.A. 78.00 N.A. 72.0 0.02 0.020
NG003 605,869 8,007,245 2011 0.3 0.04 0.01 N.A. 87.00 N.A. 90.3 0.05 0.016
NG004 605,870 8,007,230 2011 0.4 0.04 0.13 N.A. 82.00 N.A. 91.8 0.13 <0.01

19

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Appendix 2 - Collar details

FULL COLLAR DETAILS OF 19 HISTORIC SURFACE DRILL-HOLES AT THE MESTERSVIG PROJECT

Hole ID Prospect Company Year Easting Northing **RL ** **Dip ** **Azimuth ** Depth(m)
BH001 Sortebjerg Nordisk Mineselskab 1952 601,944 8,001,753 255 -48 248 167.40
BH002 Sortebjerg Nordisk Mineselskab 1952 601,920 8,001,801 255 -45 248 160.90
BH003 Sortebjerg Nordisk Mineselskab 1952 601,875 8,001,722 275 -45 248 66.49
BH004 Sortebjerg Nordisk Mineselskab 1952 601,839 8,001,763 280 -45 248 67.47
BH005 Sortebjerg Nordisk Mineselskab 1952 602,146 8,001,190 149 -50 248 92.04
BH006 Sortebjerg Nordisk Mineselskab 1952 601,525 8,002,564 190 -50 248 57.11
BH007 Sortebjerg Nordisk Mineselskab 1952 602,680 8,000,236 30 -55 248 78.30
BH008 Sortebjerg Nordisk Mineselskab 1952 601,546 8,002,520 200 -50 248 67.70
BH010 Sortebjerg Nordisk Mineselskab 1952 601,575 8,002,478 210 -50 248 82.04
BH012 Sortebjerg Nordisk Mineselskab 1952 601,605 8,002,433 220 -50 248 76.09
BH014 Sortebjerg Nordisk Mineselskab 1952 601,628 8,002,384 230 -55 248 74.55
BH016 Sortebjerg Nordisk Mineselskab 1952 601,627 8,002,443 220 -65 248 96.00
BK001 Blyklippen Ironbark Zinc Ltd 2011 597,800 8,012,381 415 -67 233 396.50
BK002 Blyklippen Ironbark Zinc Ltd 2011 597,800 8,012,381 415 -57 212 362.00
BK003 Blyklippen Ironbark Zinc Ltd 2011 598,081 8,011,977 335 -57 264 364.60
BK003A Blyklippen Ironbark Zinc Ltd 2011 598,081 8,011,977 335 -55 249 36.00
SB017 Sortebjerg Ironbark Zinc Ltd 2011 601,451 8,002,671 214 -50 220 47.00
SB018 Sortebjerg Ironbark Zinc Ltd 2011 601,451 8,002,671 214 -70 220 80.00
SB019 Sortebjerg Ironbark Zinc Ltd 2011 601,374 8,002,855 245 -70 220 122.00

20

December, 2020

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Appendix 3 - Assay Details

FULL ASSAY DETAILS OF 19 HISTORIC SURFACE DRILL-HOLES AT THE MESTERSVIG PROJECT N.A = Not assayed.

N.R. = No record.

21

8 December, 2020

==> picture [36 x 36] intentionally omitted <==

HoleID Sample_id From To Type Al2O3 % As % CaO % Co % Cr % Cu % Fe % Fe2O3 % K %
BH001 Nr34 40.00 41.38 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH001 Nr35 41.38 42.27 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH001 Nr36 42.27 43.95 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH001 Nr37 43.95 45.17 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH001 Nr38 132.52 133.40 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH001 Nr39 137.30 138.00 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH002 Nr40 122.75 123.60 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH002 Nr41 123.60 124.30 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH002 Nr42 128.75 130.04 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH002 Nr43 130.50 130.85 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr01 13.15 14.20 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr02 17.30 17.45 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr03 17.60 18.10 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr04 21.57 22.52 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr05 51.26 51.50 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH003 Nr06 51.85 52.83 N.R. N.A. N.A. N.A. N.A. N.A. 0 N.A. N.A. N.A.
BH003 Nr07 52.83 53.20 N.R. N.A. N.A. N.A. N.A. N.A. 0.27 N.A. N.A. N.A.
BH003 Nr08 53.20 54.12 N.R. N.A. N.A. N.A. N.A. N.A. 0.49 N.A. N.A. N.A.
BH003 Nr09 54.12 55.30 N.R. N.A. N.A. N.A. N.A. N.A. 0.26 N.A. N.A. N.A.
BH003 Nr10 55.30 55.80 N.R. N.A. N.A. N.A. N.A. N.A. 0 N.A. N.A. N.A.
BH004 Nr11 38.40 38.80 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH004 Nr12 39.48 39.75 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH006 Nr13 33.38 33.60 N.R. N.A. N.A. N.A. N.A. N.A. 0.27 N.A. N.A. N.A.
BH006 Nr14 35.89 36.10 N.R. N.A. N.A. N.A. N.A. N.A. 0.14 N.A. N.A. N.A.
BH006 Nr15 36.48 36.60 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH006 Nr16 37.70 38.00 N.R. N.A. N.A. N.A. N.A. N.A. 0.19 N.A. N.A. N.A.
BH008 Nr17 33.77 34.17 N.R. N.A. N.A. N.A. N.A. N.A. 0.49 N.A. N.A. N.A.
BH008 Nr18 34.17 34.63 N.R. N.A. N.A. N.A. N.A. N.A. 0.17 N.A. N.A. N.A.
BH010 Nr19 40.20 40.95 N.R. N.A. N.A. N.A. N.A. N.A. 0.71 N.A. N.A. N.A.
BH010 Nr20 40.95 41.75 N.R. N.A. N.A. N.A. N.A. N.A. 0.95 N.A. N.A. N.A.
BH010 Nr21 43.92 44.52 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr22 56.10 58.13 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr23 58.13 59.92 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr24 59.92 61.30 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr25 61.30 61.90 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr26 61.90 62.95 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr27 62.95 64.00 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr28 64.00 65.67 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH010 Nr29 66.99 67.97 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH012 Nr30 43.16 43.48 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH012 Nr31 46.15 47.55 N.R. N.A. N.A. N.A. N.A. N.A. 6.6 N.A. N.A. N.A.
BH012 Nr32 47.55 48.40 N.R. N.A. N.A. N.A. N.A. N.A. 0.21 N.A. N.A. N.A.
BH012 Nr33 48.40 49.25 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.
BH016 Nr44 91.01 91.91 N.R. N.A. N.A. N.A. N.A. N.A. 5.37 N.A. N.A. N.A.
BH016 Nr45 92.35 92.45 N.R. N.A. N.A. N.A. N.A. N.A. 1.93 N.A. N.A. N.A.
BH016 Nr46 94.22 94.74 N.R. N.A. N.A. N.A. N.A. N.A. 0.1 N.A. N.A. N.A.
BK001 BK001 280.30 280.70 Half BQ 2.88 0.01 1.27 0.002 0.02 0.027 0.32 0.46 0.6
BK001 BK002 287.40 287.80 Half BQ 10.65 0.01 0.11 0.002 0.02 0.015 0.66 0.95 2.3
BK001 BK003 304.60 305.00 Half BQ 2.99 0.01 0.13 0.002 0.02 0.005 0.26 0.37 0.6
BK002 BK004 321.90 322.90 Half BQ 0.69 0.01 0.39 0.002 0.02 0.01 0.2 0.28 0.1
BK003 BK005 263.00 263.30 Half BQ 1.81 0.01 0.38 0.002 0.02 0.005 0.29 0.41 0.4
BK003 BK006 263.30 263.70 Half BQ 4.13 0.01 0.19 0.002 0.02 0.005 0.26 0.37 0.9
BK003 BK007 263.70 264.10 Half BQ 2.37 0.01 2.65 0.002 0.01 0.069 0.32 0.46 0.5
BK003 BK008 264.10 264.40 Half BQ 0.67 0.01 3.25 0.002 0.02 0.021 0.21 0.3 0.1
BK003 BK009 264.40 265.40 Half BQ 8.41 0.01 0.93 0.002 0.02 0.005 0.4 0.58 1.8
BK003 BK010 269.00 269.30 Half BQ 0.38 0.01 30.1 0.002 0.01 0.006 0.66 0.95 0.1
BK003 BK011 289.70 290.40 Half BQ 0.94 0.01 1.73 0.002 0.02 0.013 0.4 0.57 0.2
BK003 BK012 290.40 290.80 Half BQ 2.95 0.01 1.41 0.002 0.02 1.25 1.43 2.04 0.6
BK003 BK013 290.80 291.80 Half BQ 0.97 0.01 1.6 0.002 0.02 0.027 0.53 0.76 0.2
BK003 BK014 296.00 296.40 Half BQ 2.88 0.01 3.03 0.002 0.02 0.627 1.46 2.09 0.6
SB017 SB001 5.80 6.45 Half BQ 6.15 0.01 1.21 0.002 0.01 0.011 0.42 0.6 1.4
SB017 SB002 6.45 7.25 Half BQ 6.58 0.01 1.84 0.002 0.04 0.005 0.44 0.63 1.6
SB017 SB003 7.25 8.25 Half BQ 6.73 0.01 1.86 0.002 0.02 0.006 0.42 0.61 1.5
SB017 SB004 8.25 9.15 Half BQ 2.58 0.01 1.44 0.004 0.01 0.088 0.63 0.9 0.6
SB017 SB005 9.15 9.75 Half BQ 3.06 0.01 3.84 0.002 0.03 0.03 0.46 0.65 0.7
SB017 SB006 9.75 10.75 Half BQ 0.59 0.01 0.1 0.004 0.02 0.081 0.51 0.74 0.1
SB017 SB007 10.75 11.75 Half BQ 8.81 0.01 0.55 0.004 0.02 0.006 0.58 0.83 1.9
SB018 SB008 6.40 6.90 Half BQ 5.13 0.01 0.62 0.004 0.02 0.059 0.92 1.32 1.2
SB018 SB009 20.80 21.80 Half BQ 11.15 0.01 4.68 0.002 0.01 0.005 3.58 5.11 2.3
SB018 SB010 21.80 22.80 Half BQ 2.21 0.01 0.56 0.007 0.02 0.016 0.49 0.7 0.5
SB018 SB011 22.80 23.80 Half BQ 11.7 0.01 0.37 0.007 0.02 0.005 1.02 1.45 2.6
SB019 SB012 53.00 53.80 Half BQ 9.15 0.01 1.17 0.002 0.02 0.005 0.54 0.77 1.8
SB019 SB013 53.80 54.30 Half BQ 1.37 0.01 0.09 0.005 0.02 0.049 0.51 0.73 0.3
SB019 SB014 54.30 54.80 Half BQ 4.65 0.01 0.83 0.003 0.02 0.005 0.71 1.01 1
SB019 SB015 54.80 55.60 Half BQ 6.03 0.01 1.11 0.002 0.02 0.005 0.94 1.35 1.5
SB019 SB017 60.70 61.10 Half BQ 1.14 0.01 1.2 0.002 0.02 0.137 0.39 0.55 0.2
SB019 SB018 61.80 62.10 Half BQ 0.51 0.01 0.15 0.003 0.02 0.109 0.43 0.61 0.1
SB019 SB019 84.20 84.60 Half BQ 1.03 0.01 8.72 0.003 0.02 0.047 0.83 1.19 0.2

8 December, 2020

==> picture [36 x 36] intentionally omitted <==

HoleID Sample_id From To Type MgO % MnO % Ni % Pb % S % SiO2 % TiO2 % Zn % Aug/t Ag g/t
BH001 Nr34 40.00 41.38 N.R. N.A. N.A. N.A. 0.02 1.7 N.A. N.A. 2.33 N.A. N.A.
BH001 Nr35 41.38 42.27 N.R. N.A. N.A. N.A. 10.2 12.4 N.A. N.A. 29.9 N.A. N.A.
BH001 Nr36 42.27 43.95 N.R. N.A. N.A. N.A. 0.02 0.2 N.A. N.A. 2.74 N.A. N.A.
BH001 Nr37 43.95 45.17 N.R. N.A. N.A. N.A. 0.02 14.4 N.A. N.A. 25.1 N.A. N.A.
BH001 Nr38 132.52 133.40 N.R. N.A. N.A. N.A. 0.2 11.5 N.A. N.A. 21.7 N.A. N.A.
BH001 Nr39 137.30 138.00 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 9.71 N.A. N.A.
BH002 Nr40 122.75 123.60 N.R. N.A. N.A. N.A. 0.02 1.7 N.A. N.A. 2.5 N.A. N.A.
BH002 Nr41 123.60 124.30 N.R. N.A. N.A. N.A. 0.03 16.6 N.A. N.A. 32.1 N.A. N.A.
BH002 Nr42 128.75 130.04 N.R. N.A. N.A. N.A. 0.03 0.3 N.A. N.A. 0.23 N.A. N.A.
BH002 Nr43 130.50 130.85 N.R. N.A. N.A. N.A. 0.02 0.6 N.A. N.A. 0.6 N.A. N.A.
BH003 Nr01 13.15 14.20 N.R. N.A. N.A. N.A. N.A. 3.3 N.A. N.A. 7.13 N.A. N.A.
BH003 Nr02 17.30 17.45 N.R. N.A. N.A. N.A. N.A. 4.6 N.A. N.A. 9.56 N.A. N.A.
BH003 Nr03 17.60 18.10 N.R. N.A. N.A. N.A. N.A. 6.8 N.A. N.A. 14.1 N.A. N.A.
BH003 Nr04 21.57 22.52 N.R. N.A. N.A. N.A. 0.02 3.3 N.A. N.A. 7.15 N.A. N.A.
BH003 Nr05 51.26 51.50 N.R. N.A. N.A. N.A. N.A. 5 N.A. N.A. 10 N.A. N.A.
BH003 Nr06 51.85 52.83 N.R. N.A. N.A. N.A. 0 1 N.A. N.A. 1.71 N.A. N.A.
BH003 Nr07 52.83 53.20 N.R. N.A. N.A. N.A. 4.16 1 N.A. N.A. 0.75 N.A. N.A.
BH003 Nr08 53.20 54.12 N.R. N.A. N.A. N.A. 3.84 6.7 N.A. N.A. 10.7 N.A. N.A.
BH003 Nr09 54.12 55.30 N.R. N.A. N.A. N.A. 0.05 4.3 N.A. N.A. 7.95 N.A. N.A.
BH003 Nr10 55.30 55.80 N.R. N.A. N.A. N.A. 0.02 14 N.A. N.A. 26.8 N.A. N.A.
BH004 Nr11 38.40 38.80 N.R. N.A. N.A. N.A. N.A. 2.8 N.A. N.A. 8.08 N.A. N.A.
BH004 Nr12 39.48 39.75 N.R. N.A. N.A. N.A. N.A. 2.3 N.A. N.A. 4.62 N.A. N.A.
BH006 Nr13 33.38 33.60 N.R. N.A. N.A. N.A. N.A. 2.8 N.A. N.A. 4.07 N.A. N.A.
BH006 Nr14 35.89 36.10 N.R. N.A. N.A. N.A. N.A. 17.8 N.A. N.A. 33.1 N.A. N.A.
BH006 Nr15 36.48 36.60 N.R. N.A. N.A. N.A. N.A. 14.5 N.A. N.A. 26.9 N.A. N.A.
BH006 Nr16 37.70 38.00 N.R. N.A. N.A. N.A. 4.44 7.6 N.A. N.A. 13.1 N.A. N.A.
BH008 Nr17 33.77 34.17 N.R. N.A. N.A. N.A. N.A. 3.8 N.A. N.A. 5.37 N.A. N.A.
BH008 Nr18 34.17 34.63 N.R. N.A. N.A. N.A. N.A. 7.1 N.A. N.A. 13.7 N.A. N.A.
BH010 Nr19 40.20 40.95 N.R. N.A. N.A. N.A. 4.39 7.9 N.A. N.A. 11.6 N.A. N.A.
BH010 Nr20 40.95 41.75 N.R. N.A. N.A. N.A. 10.1 17 N.A. N.A. 24.4 N.A. N.A.
BH010 Nr21 43.92 44.52 N.R. N.A. N.A. N.A. 0.03 8.4 N.A. N.A. 15.7 N.A. N.A.
BH010 Nr22 56.10 58.13 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.07 N.A. N.A.
BH010 Nr23 58.13 59.92 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.15 N.A. N.A.
BH010 Nr24 59.92 61.30 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.55 N.A. N.A.
BH010 Nr25 61.30 61.90 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.16 N.A. N.A.
BH010 Nr26 61.90 62.95 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.09 N.A. N.A.
BH010 Nr27 62.95 64.00 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.14 N.A. N.A.
BH010 Nr28 64.00 65.67 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.95 N.A. N.A.
BH010 Nr29 66.99 67.97 N.R. N.A. N.A. N.A. N.A. N.A. N.A. N.A. 0.09 N.A. N.A.
BH012 Nr30 43.16 43.48 N.R. N.A. N.A. N.A. 19 18.4 N.A. N.A. 29.4 N.A. N.A.
BH012 Nr31 46.15 47.55 N.R. N.A. N.A. N.A. 0.89 12.2 N.A. N.A. 8.98 N.A. N.A.
BH012 Nr32 47.55 48.40 N.R. N.A. N.A. N.A. 1.57 4 N.A. N.A. 6.35 N.A. N.A.
BH012 Nr33 48.40 49.25 N.R. N.A. N.A. N.A. 27.8 18.4 N.A. N.A. 24.9 N.A. N.A.
BH016 Nr44 91.01 91.91 N.R. N.A. N.A. N.A. 0.03 6.6 N.A. N.A. 1.98 N.A. N.A.
BH016 Nr45 92.35 92.45 N.R. N.A. N.A. N.A. 1.35 17.5 N.A. N.A. 26.2 N.A. N.A.
BH016 Nr46 94.22 94.74 N.R. N.A. N.A. N.A. 1.17 6.9 N.A. N.A. 12 N.A. N.A.
BK001 BK001 280.30 280.70 Half BQ 0.14 0.03 0.005 2.33 3.26 58.2 0.12 0.02 0.01 4.2
BK001 BK002 287.40 287.80 Half BQ 0.31 0.01 0.005 1.29 0.54 71.3 0.64 0.02 0.01 1.3
BK001 BK003 304.60 305.00 Half BQ 0.07 0.01 0.005 0.01 0.8 85.5 0.15 1.52 0.01 0.2
BK002 BK004 321.90 322.90 Half BQ 0.01 0.01 0.005 0.01 1.79 84.8 0.02 3.66 0.01 0.2
BK003 BK005 263.00 263.30 Half BQ 0.09 0.01 0.005 1.05 2.98 78.2 0.07 5.03 0.01 1.9
BK003 BK006 263.30 263.70 Half BQ 0.14 0.01 0.005 0.01 0.37 62.7 0.22 0.69 0.01 0.2
BK003 BK007 263.70 264.10 Half BQ 0.08 0.05 0.005 16.2 9.72 36.8 0.12 14.45 0.02 20.9
BK003 BK008 264.10 264.40 Half BQ 0.01 0.06 0.005 0.53 2.77 37.4 0.04 2.6 0.01 2
BK003 BK009 264.40 265.40 Half BQ 0.22 0.02 0.005 0.11 0.75 74.1 0.39 0.44 0.01 0.5
BK003 BK010 269.00 269.30 Half BQ 0.17 0.21 0.005 1.46 1.43 33.8 0.03 2.42 0.01 1.4
BK003 BK011 289.70 290.40 Half BQ 0.19 0.02 0.005 0.01 0.17 87 0.04 0.25 0.01 0.2
BK003 BK012 290.40 290.80 Half BQ 0.17 0.02 0.005 0.03 1.52 79.5 0.12 0.51 0.01 3.7
BK003 BK013 290.80 291.80 Half BQ 0.29 0.03 0.005 0.01 0.5 83.5 0.04 0.92 0.01 0.3
BK003 BK014 296.00 296.40 Half BQ 0.66 0.05 0.005 0.66 0.96 78.1 0.12 0.09 0.01 3.4
SB017 SB001 5.80 6.45 Half BQ 0.26 0.01 0.005 0.01 0.26 83.3 0.3 0.46 0.03 8.1
SB017 SB002 6.45 7.25 Half BQ 0.27 0.01 0.005 0.05 0.17 83.5 0.34 0.14 0.01 0.6
SB017 SB003 7.25 8.25 Half BQ 0.25 0.02 0.005 0.05 0.22 82.7 0.34 0.14 0.01 0.8
SB017 SB004 8.25 9.15 Half BQ 0.21 0.01 0.005 0.01 9.55 62.6 0.14 19.75 0.01 3.7
SB017 SB005 9.15 9.75 Half BQ 0.19 0.02 0.005 0.01 0.2 85.3 0.12 0.18 0.01 0.2
SB017 SB006 9.75 10.75 Half BQ 0.04 0.01 0.005 0.01 11.2 62.3 0.02 22.4 0.01 4.2
SB017 SB007 10.75 11.75 Half BQ 0.41 0.01 0.008 0.05 0.2 75.2 0.45 0.1 0.01 0.2
SB018 SB008 6.40 6.90 Half BQ 0.18 0.01 0.005 0.01 6.19 65.1 0.21 11.45 0.01 5.4
SB018 SB009 20.80 21.80 Half BQ 2.08 0.1 0.005 0.02 0.42 57.1 1.63 0.28 0.01 0.2
SB018 SB010 21.80 22.80 Half BQ 0.2 0.01 0.019 0.22 8.53 63.2 0.12 17.95 0.01 4.2
SB018 SB011 22.80 23.80 Half BQ 0.59 0.01 0.008 0.12 0.33 68.1 0.58 0.02 0.01 0.7
SB019 SB012 53.00 53.80 Half BQ 0.25 0.01 0.005 0.11 0.51 74.1 0.47 0.45 0.01 0.4
SB019 SB013 53.80 54.30 Half BQ 0.02 0.01 0.005 0.01 15.65 44.1 0.06 32.88 0.02 4.9
SB019 SB014 54.30 54.80 Half BQ 0.2 0.01 0.006 0.01 1.29 79.7 0.2 1.77 0.01 0.6
SB019 SB015 54.80 55.60 Half BQ 0.16 0.02 0.005 0.05 0.82 80.6 0.24 0.03 0.01 0.3
SB019 SB017 60.70 61.10 Half BQ 0.07 0.02 0.005 2.03 0.58 84.9 0.04 0.19 0.01 7.1
SB019 SB018 61.80 62.10 Half BQ 0.02 0.01 0.005 0.01 2.88 78.8 0.02 5.65 0.01 2.8
SB019 SB019 84.20 84.60 Half BQ 0.39 0.07 0.005 0.01 6.57 55.3 0.05 13.35 0.01 5.7