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CONICO LTD Capital/Financing Update 2020

Jul 28, 2020

64678_rns_2020-07-28_ebbf898a-3f83-4cd8-b686-52e9d2e63837.pdf

Capital/Financing Update

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ACN 119 057 457

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

29 July 2020

CONICO TO ACQUIRE EAST GREENLAND PROJECTS VIA ACQUISITION OF LONGLAND RESOURCES

HIGHLIGHTS

  • Binding Term Sheet (conditional) to acquire 100% of England registered Longland Resources Ltd ( Longland ) in consideration for 120 million Shares in Conico Ltd ( Conico );

  • Longland has a 100% interest in the Ryberg Project that covers an area of 4,521km² containing the Sortekap gold prospect and the Miki Fjord & Togeda Cu-Ni-Co-PGE-Au magmatic sulphide prospects;

  • Sortekap Gold Prospect A newly discovered Archaean greenstone belt containing orogenic, quartz veinhosted gold mineralisation. Limited surface sampling to date grades up to 2.7g/t gold. The scale of the discovery may be significant as it represents geology never seen before (revealed by ice retreat). Mineralisation remains open in all directions.

  • Miki Fjord and Togeda Cu-Ni-Co-PGE-Au Magmatic Sulphide Prospects Mineralisation occurs over a strike length of >50km with surface samples grading up to 2.2% Cu, 0.8% Ni, 0.1% Co, 3.3g/t Pd and 0.15g/t Au. Drill-ready targets have been identified after a recent VTEM survey.

  • Longland also has an exclusive application for the Mestersvig Project containing the historic Blyklippen Pb-Zn mine and Sortebjerg Pb-Zn prospect. Blyklippen produced 545,000 tonnes @ 9.3% Pb and 9.9% Zn between 1956-1962. The Mestersvig Project application has progressed to the ‘license pending’ stage and granting is imminent.

  • Longland director Thomas Abraham-James to become joint-CEO of Conico

Conico director Guy Le Page commented:

“The acquisition of Longland gives Conico exposure to a dominant licence area in East Greenland, a location deemed to be highly prospective for Precious and Base Metals. There is renewed interest in Greenland as world class mineral province, with new shipping routes, and hosting the world’s largest REE deposit (Kvanfjeld) outside of China. The Company’s intention is to accelerate exploration in Greenland commencing with a proposed field programme for 2020. The objective is to generate drill targets at the Sortekap gold prospect, discover additional magmatic sulphide occurrences, and upon successful grant of the Mestersvig Pb-Zn licence, conduct the first ever high resolution gravity survey to identify extensions to the old mine.”

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SUMMARY

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Greenland
Iceland
Ísafjörður
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Figure 1: Location map for the Ryberg and Mestersvig Projects.

The Ryberg Project (Figure 1) is an under-explored mineral province containing multiple targets and deposit styles. The basement rocks are Archaean greenstones and gneisses that are akin to those in the Yilgarn of Western Australia. Gold is associated with the greenstones, while significant magmatism that has intruded through sediments of the Kangerlussuaq Sedimentary Basin has resulted in sulphide saturation in the mafic-ultramafic rocks and the formation of magmatic sulphides visible at surface as globules and disseminations.

  • The presence of globular sulphides is often spatially related to massive sulphides, e.g. dykes/sills at Noril’sk and Voisey’s Bay where rounded globular sulphides are often located above massive sulphides.

  • Drill-ready massive sulphide targets identified via a high-resolution VTEM survey.

  • The extent of the orogenic gold mineralisation is unknown, ice retreat is significant and is likely to reveal further prospective outcrops in 2020.

  • Proposed 2020 field activities include an Induced Polarisation (IP) survey at the Sortekap gold prospect and ground electromagnetic surveys at the Miki Fjord & Togeda magmatic sulphide prospects.

To the north of the Ryberg Project is the Mestersvig Project where mineralisation is hosted in quartz veins developed along a normal fault and hosted in Permo-Carboniferous sandstones. Thickness of the vein varies from a few metres, up to 50m wide. The mined-out sulphide lens at the historic Blyklippen mine was 2-10m thick, 300m long and 160m high. It consisted of 65% quartz, 15% sphalerite, 10% galena, 5-10% baryte with trace amounts of pyrite, chalcopyrite and tetrahedrite. Copper and silver contents were 120 ppm and 15 ppm, respectively. The mineralised structure is still open at depth and located 13km SSE is the Sortekap prospect, where mineralised vein outcrops at surface (refer Figure 15).

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CONSIDERATION

120 million shares in Conico for 100% of the issued capital of Longland at a deemed issue price of $0.015 per share.

MANAGEMENT

Geologist and Longland founder Mr Thomas Abraham-James will join Conico as joint Chief Executive Officer.

A brief introduction to Thomas is as follows:

Thomas (Tom) Abraham-James, B.Sc. Geology (Hons), FAusIMM (CP), FSEG, FGSL, MAICD

Tom is a geologist educated at the Australian National University with over 15 years’ experience in the mineral exploration industry, in both technical and corporate capacities. In 2008, Tom was employed as exploration manager for Greenland explorer Platina Resources Ltd (ASX: PGM) where he was responsible for managing and conducting development and exploration activities for magmatic sulphide. Accordingly, Tom has an intimate knowledge of how to operate in country.

Longland was founded by Tom in 2017, focused solely on the Ryberg Project in East Greenland, a locality he identified as being highly prospective and underexplored for nickelcopper magmatic sulphides. Aside from Longland , Tom has held senior positions (managing director and exploration manager) with listed and private explorers, operating in locations spanning four continents. He has been involved in the discovery of new mineral resources, notably the Rukwa Helium Project for Helium One Ltd which he was co-founder, and has worked with capital markets in Australia, Canada and the United Kingdom. Tom resides in Portugal with his family and looks forward to dedicating his efforts to the advancement of Conico .

CONDITIONS OF ACQUISITION

  • Subject to completion of satisfactory due diligence on Longland by Conico

  • Subject to completion of satisfactory due diligence on Conico by Longland

  • Conico shareholder approval of the acquisition of Longland .

  • Satisfaction of any other relevant United Kingdom, Greenlandic or Australian regulatory requirements.

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PRO-FORMA CAPITAL STRUCTURE

On completion of the acquisition (excluding a proposed capital raising), the pro-forma capital structure of Conico will be approximately as follows in Table 1.

Shares Options
Current issued capital 384,398,221 14,000,000
Securities to be issued pursuant to the acquisition 120,000,000
Total 504,398,221 14,000,000

Table 1 : Conico pro forma capital structure following the proposed acquisition of Longland.

Subject to the requirements of the ASX listing rules, the Company anticipates the completion of the acquisition will be in accordance with Table 2;

Indicative Timetable
Signingof bindingterm sheet withLongland 29 July2020
Announcement ofproposed acquisition 29 July2020
Notice of meetingdispatched to shareholders 25 August 2020(est.)
General meetingto approve acquisition 23 September 2020(est.)
Settlement of acquisition 30 September 2020(est.)

Table 2: Conico timetable of the proposed acquisition of Longland (indicative timetable, subject to change).

TENEMENT SUMMARY

Longland holds a 100% interest in the Ryberg Project (granted licences MEL 2017/06 & MELS 2019/38), the Mestersvig Project (application M-252) and East Greenland prospecting licence (MPL 2019/39). The tenement holdings of Conico following the proposed acquisition are set out below in figure 2.

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CONICO LTD
100%
Longland Resources Ltd 50%
(Mt Thirsty Project)
100%
MEL 2017/06 MEL-S 2019/38 MPL 2019/39 M-252
R63/04 E63/1267 E63/1790 P63/2045 L63/80 L63/81 L(A)63/91 L(A)63/92
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Figure 2 : Conico mineral exploration and mining leases following the proposed acquisition of Longland .

FUNDING

Conico intends to undertake a capital raising with details to be announced in the coming weeks.

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RYBERG PROJECT SUMMARY

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Figure 3 Looking southwest with the Miki Fjord Prospect highlighted in yellow.

HISTORY AND LOCATION

The Ryberg Project (Figure 1, 3) is situated on the east coast of Greenland. The location is uninhabited with the nearest population centres being Tasiilaq 400km southwest, Ittoqqortoormiit 450km northeast, and Isafjordur (Iceland) 430km southeast. The project area contains an airstrip and protected deep-water fjord. Access is via fixed-wing aircraft from Iceland, helicopter from Greenland/Iceland, or ship.

The Ryberg Project has, to date, been operated sporadically by various junior exploration companies. The first systematic activities having been conducted by Longland who applied an adaptation of the Minerals Systems Approach (MSA) that applies specifically to magmatic NiCu-PGE systems, which seeks to be a more predictive method for finding deposits by understanding the combination of geological processes that are required to form and preserve ore deposits at all scales. Ryberg represents a highly prospective geological terrane for the discovery of a major magmatic Ni-Cu-PGE mineral system, displaying almost all the critical aspects of such systems from a MSA perspective.

The collection and analysis of surface samples (rock and sediment) began in 1953, but systematic regional sampling only occurred in 1987 and again in the period 2008-2010. From 2017 onward Longland has controlled the Ryberg Project and identified its potential to host magmatic Ni-Cu-PGE and orogenic gold deposits. Geochemical analysis conducted by Longland shows that mineralisation is constrained to mafic/ultramafic lithologies that have intruded the Kangerlussuaq Sedimentary Basin (KSB) and undergone consequent sulphide saturation, forming immiscible magmatic sulphides. Regional geology is shown in Figure 5.

A heli-borne versatile time domain electromagnetic (VTEM) Plus and magnetic survey was flown in 2017 over the western margin of the licence area over a mineralised mafic dyke that revealed 3x conductive targets lying beneath mineralisation at surface and possibly representing massive sulphides at depth (targets are between 60-240m vertical depth). The location of the survey is shown in Figure 6 with the conductive target situated on Line 2010 in Figure 7. A plate has been modelled for the target that is approximately 400m long x 150m wide and dipping at 15 with a dip direction of 120 . The centre of the plate is approximately 240m below surface.

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Figures 4 A & B: Blebby magmatic sulphides (highlighted in yellow) at the Miki Fjord prospect.

The combination of geological and geophysical data gave impetus for Longland to expand its licence area in 2019 to cover the entirety of the KSB and the plethora of intrusions within (Figure 5).

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Figure 5: Geological map and licence boundaries for the Ryberg Project.

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Figure 6: Location map showing VTEM Plus and aeromagnetic survey location (with Line 2010 highlighted, refer to Figure 7 for detail), overlaid on geology.

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Figure 7: Resistivity Depth Image (RDI) for Line 2010.

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GEOLOGICAL SETTING

The Ryberg Project is situated on the eastern side of the Kangerlussuaq Fjord which is a failed rift associated with the opening of the North Atlantic (referred to as a Triple Junction). The basement rocks of the region are Archaean gneisses and greenstones that are unconformably overlain by the Cretaceous Kangerlussuaq Sedimentary Basin (KSB). The KSB is mostly comprised of calcareous and pyritic shales. Overlying this and stretching for several hundred kilometres up the coast to the northeast is a thick sequence of Palaeogene flood basalts.

The Ryberg area represents an erosion level that is at the contact between the basement rocks and the overlying sedimentary-volcanic sequence. It exposes greenstones and gneisses, in conjunction with a wide range of intrusive magmatic rocks of Paleogene age, including layered mafic intrusions, macrodykes, sills, syenites, porphyries; all emplaced at approximately the same time at which the mantle plume currently underneath Iceland was present.

Intrusions of note within the licence area are:

  • The Miki Fjord Dyke (MFD) : a linear gabbro intrusion that was a likely feeder to the overlying (now mostly eroded) plateau basalts (refer to Figure 3). The MFD extends for >30km and contains copper sulphide globules and disseminations along its margins. It was this intrusion that was covered by the aeromagnetic survey that identified 3x conductors that may represent massive sulphides.

  • The Sorgenfri Sill Complex : a considerable proportion of igneous rocks in the KSB are sills that collectively are referred to as the Sorgenfri Sill Complex (SSC). Their emplacement is associated with the overlying plateau basalts, with the sills being feeders/inter-fingering with the underlying sedimentary basin (refer Figure 5).

  • Ultramafic xenoliths : identified within mafic intrusions, suggesting that they have been transported to surface from a larger body at depth. Where present, they frequently contain magmatic nickel-copper sulphides.

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Figure 8: Three-dimensional CT scan of a typical, 1 cm-sized sulphide globule from the Togeda prospect.

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Figure 9: A : layered cumulates in the Miki Fjord Macrodyke. B : Xenoliths of olivine-rich cumulates in the margins of the Miki Fjord Macrodyke. C : thin section of the Miki Fjord Macrodyke xenoliths showing cumulus olivine (ol) and minor intercumulus plagioclase (plag). D : Ni-Cu-sulphide mineralisation within the olivine-rich xenoliths with pyrrhotite (po), pentlandite (pn), chalcopyrite (cpy) with magnetite (Mount).

MINERALISATION

Two mafic dykes within the project area (referred to as the Miki Fjord and Togeda macrodykes) have well developed showings of copper-palladium-gold-rich sulphides. Mineralisation is present as globular sulphides up to ~15 cm in diameter of pyrrhotite and chalcopyrite with Pd and Au minerals (Figures 4 A&B). Grab samples from surface returned up to 2.2% copper, 0.8% nickel, 3.3g/t palladium and 0.15 g/t gold (refer to Appendix 1 for all surface samples collected to date). The samples contained sulphides plus host gabbros and the grade of such samples are proportionate to the abundance of sulphide globules and patches in any particular sample. The macrodykes show geochemical evidence for sulphide accumulation, even samples with little to no sulphide (<0.01% copper) have copper/zirconium ratios that are elevated above what would be expected of a primary mantle melt that has not reached sulphide saturation.

The sulphides in the dykes are anomalously copper-palladium-rich and nickel-poor. They potentially represent the fractionated part of a massive sulphide component, with a ‘missing’ nickel-rich portion. The fact that xenoliths in the dykes contain nickel-rich sulphides with surface grab samples grading up to 0.8% nickel and 0.1% cobalt provides evidence that there may have been a separation of copper-rich and nickel-rich sulphide components within the magmatic system.

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Large sulphide droplets in excess of a few cubic mm and containing elevated Ni and PGEs are unlikely to survive extensive transport at high flow rates and hence are strong and robust indicators of proximity to a reworked pool of sulphide ore magma. The macrodykes have large globules of sulphide that are up to ~15 cm in diameter, and typically 1-2 cm. These are mostly copper-palladium-gold rich, and therefore suggest they were transported from a pool of similarly enriched massive sulphide.

Gold mineralisation at Sortekap occurs associated with quartz veins within amphibolite in concentrations at surface of up to 2.7 g/t Au. The mineralised veins trend ENE–WSW and appear in rusty bands in the field, caused by the oxidation of sulphides associated with the veins (refer Figure 10). There are two types of vein, defined by the nature of their margins and presence of Au mineralisation: type 1 veins have an alteration selvage around them, several centimetres thick (Fig. 3a, d) and are Au bearing,whereas type 2 veins have a very sharp contact with amphibolite with no associated alteration in their wall rock and are barren of mineralisation. Sulphides are present within the selvages of type 1 veins, and very rarely in the quartz itself and comprise up to 5 % of the mode within the alteration assemblage. Three sulphide phases were identified, the most abundant of which is arsenopyrite, pyrite and minor chalcopyrite.

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Figure 10: Assorted photographs of the Sortekap gold prospect.

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MESTERSVIG PROJECT SUMMARY

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Figure 11: View to the East from Blyklippen with remnants of the mining camp to the right, and tailings to the left.

HISTORY AND LOCATION

The project area is located in east Greenland, approximately 200km NNW of the nearest settlement at Ittoqqortoormiit (Figure 1, 11). Immediately to the south of the licence area is Greenland Resources’ Ltd (ASX: GGG) 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.

From 1956 to 1962 the Blyklippen Mine produced a total of 545,000 tons of ore grading 9.3% Pb and 9.9% Zn. This was an 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), as well as the diesel power plant (4 x 350 kw generators) and air compressors, are underground in chambers excavated in the sandstone below the ore body. The mill was designed for a daily production of 350 tons ore corresponding to an annual production (10 months) of about 90,000 tons.

Approximately 13km SSE of the Blyklippen mine is the Sortebjerg Prospect (refer Figure 12). At this location mineralised veins, akin to those seen at the historic Blyklippen mine, outcrop at surface and have visible lead and zinc mineralisation (refer Figure 15).

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Figure 12: An outline of the Mestersvig Project, application M-252. Highlighting licence boundary, historic drill collars, prospects and infrastructure overlaid on a Digital Terrain Model.

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Figure 13: Simplified geological map of the Figure 14: The flotation plant located underground in Mestersvig area. a 67 x 7m chamber. Lead and zinc cells are on opposing sides with eleven cells in each circuit.

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MINERALISATION

Mineralisation is hosted in quartz veins (refer Figure 15) 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 and 5-10% baryte with trace amounts of pyrite, chalcopyrite and tetrahedrite. Copper and silver contents were 120 ppm and 15 ppm, respectively.

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Figure 15: Mineralised vein at Sortebjerg

TENEMENTS AND PERMITTING

The Ryberg Project is comprised of two contiguous mineral exploration licences that give exclusive mineral rights and are held 100% by Longland.

  • MEL 2019/38: comprises 4,215km ² and was granted in July 2019 with minimum expenditure requirements of DKK 3,456,300 (approx. AUD$765,000) in years 1-3; and

  • • MEL 2017/06: comprises 299km ² and was granted in February 2017 with minimum expenditure requirements of DKK 2,779,800 (approx. AUD$615,000) in years 3-5.

Longland is also the holder of prospecting licence MPL 2019/39 which allows non-exclusive prospecting rights in East Greenland. It comprises an area delineated as being south of 75 N, and east of 44 W and expires on 31 December 2023 and has no annual minimum expenditure requirement.

Finally, Longland has an exclusive application for the Mestersvig Project, application number M-252. The application is currently at the ‘License pending’ stage.

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The Government of Greenland has waived all minimum expenditure commitments for 2020 due to difficulties associated with the Covid-19 pandemic. All money spent in 2020 will therefore be used to offset minimum expenditure commitments for 2021.

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For and on behalf of the board,

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Guy T Le Page, MAusIMM, FFin 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.

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APPENDIX 1 – Surface sampling

DETAILS OF SURFACE SAMPLING AT THE MIKI FJORD & TOGEDA PROSPECTS

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM001 ROCKCHIP EL2017/06 WGS84_25N 7570606 564786 310 461 473 49 2 13
MFM002 ROCKCHIP EL2017/06 WGS84_25N 7570597 564796 304 35 29 4 3 11
MFM003 ROCKCHIP EL2017/06 WGS84_25N 7570666 564750 314 51 18 9 4 7
MFM004 ROCKCHIP EL2017/06 WGS84_25N 7570706 564743 309 11 13 2 2 5
MFM005 ROCKCHIP EL2017/06 WGS84_25N 7570715 564707 319 474 98 43 1 8
MFM006 ROCKCHIP EL2017/06 WGS84_25N 7571230 564722 331 136 79 35 11 4
MFM007 ROCKCHIP EL2017/06 WGS84_25N 7571232 564718 327 662 349 69 83 10
MFM008
ROCKCHIP
EL2017/06 WGS84_25N 7571236 564713
329
5685
563
74
334
31
MFM009
ROCKCHIP
EL2017/06 WGS84_25N 7571235 564712
327
5151
561
88
386
36
MFM010 ROCKCHIP EL2017/06 WGS84_25N 7571237 564715 333 1544 448 80 111 19
MFM011 ROCKCHIP EL2017/06 WGS84_25N 7571235 564726 328 151 96 48 20 7
MFM012 ROCKCHIP EL2017/06 WGS84_25N 7571242 564713 322 356 95 46 21 6
MFM013 ROCKCHIP EL2017/06 WGS84_25N 7571239 564706 323 199 97 43 23 6
MFM014 ROCKCHIP EL2017/06 WGS84_25N 7571234 564708 324 134 253 57 11 4
MFM015 ROCKCHIP EL2017/06 WGS84_25N 7571236 564711 329 1590 458 67 172 12
MFM016 ROCKCHIP EL2017/06 WGS84_25N 7571232 564709 325 871 258 49 132 9
MFM017 ROCKCHIP EL2017/06 WGS84_25N 7571230 564703 322 189 86 43 14 5
MFM018 ROCKCHIP EL2017/06 WGS84_25N 7571198 564704 337 741 26 77 2 19
MFM019 ROCKCHIP EL2017/06 WGS84_25N 7571197 564704 334 326 47 61 2 9
MFM020 ROCKCHIP EL2017/06 WGS84_25N 7571188 564707 322 230 60 59 4 6
MFM022 ROCKCHIP EL2017/06 WGS84_25N 7571194 564705 329 130 76 42 2 4
MFM025 ROCKCHIP EL2017/06 WGS84_25N 7571201 564705 339 941 106 73 1 12
MFM026 ROCKCHIP EL2017/06 WGS84_25N 7571202 564705 339 260 187 64 3 6
MFM027 ROCKCHIP EL2017/06 WGS84_25N 7571199 564702 336 80 71 51 2 2
MFM028 ROCKCHIP EL2017/06 WGS84_25N 7571190 564701 337 1234 131 64 90 9
MFM029 ROCKCHIP EL2017/06 WGS84_25N 7571199 564702 326 161 132 51 2 5
MFM030 ROCKCHIP EL2017/06 WGS84_25N 7571201 564708 324 254 95 66 3 4
MFM031 ROCKCHIP EL2017/06 WGS84_25N 7571207 564704 329 104 132 62 6 2
MFM032 ROCKCHIP EL2017/06 WGS84_25N 7571203 564705 330 67 90 50 4 2
MFM033 ROCKCHIP EL2017/06 WGS84_25N 7571206 564702 335 107 76 62 1 2
MFM034 ROCKCHIP EL2017/06 WGS84_25N 7571205 564710 331 686 38 51 2 12
MFM035 ROCKCHIP EL2017/06 WGS84_25N 7571129 564785 330 54 80 25 -1 3
MFM036 ROCKCHIP EL2017/06 WGS84_25N 7571161 564771 330 40 20 6 -1 2
MFM037 ROCKCHIP EL2017/06 WGS84_25N 7571156 564740 336 55 63 46 -1 2
MFM038 ROCKCHIP EL2017/06 WGS84_25N 7571150 564707 342 137 204 54 21 3
MFM039 ROCKCHIP EL2017/06 WGS84_25N 7571142 564714 342 20 162 39 1 1
MFM040 ROCKCHIP EL2017/06 WGS84_25N 7571119 564720 335 48 39 19 -1 2
MFM041 ROCKCHIP EL2017/06 WGS84_25N 7571102 564727 340 26 58 20 2 2
MFM042 ROCKCHIP EL2017/06 WGS84_25N 7571080 564749 336 90 150 49 -1 1
MFM043 ROCKCHIP EL2017/06 WGS84_25N 7571065 564702 332 68 29 13 11 13
MFM044 ROCKCHIP EL2017/06 WGS84_25N 7570981 564701 335 77 73 48 -1 2
MFM045 ROCKCHIP EL2017/06 WGS84_25N 7570978 564707 334 36 56 28 -1 3
MFM046 ROCKCHIP EL2017/06 WGS84_25N 7570952 564657 330 1031 44 45 2 8
MFM047 ROCKCHIP EL2017/06 WGS84_25N 7570950 564658 328 644 94 47 4 6
MFM048 ROCKCHIP EL2017/06 WGS84_25N 7570949 564659 325 1243 47 33 10 9
MFM049 ROCKCHIP EL2017/06 WGS84_25N 7570958 564657 329 52 231 62 6 3
MFM050 ROCKCHIP EL2017/06 WGS84_25N 7570959 564658 327 35 223 61 13 2

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

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SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM050 ROCKCHIP EL2017/06 WGS84_25N 7570959 564658 327 35 223 61 13 2
MFM051 ROCKCHIP EL2017/06 WGS84_25N 7570945 564639 322 120 80 55 13 2
MFM052 ROCKCHIP EL2017/06 WGS84_25N 7570934 564634 321 95 103 53 8 2
MFM053 ROCKCHIP EL2017/06 WGS84_25N 7570942 564637 324 541 63 49 2 29
MFM054 ROCKCHIP EL2017/06 WGS84_25N 7570936 564633 327 745 88 77 8 10
MFM055 ROCKCHIP EL2017/06 WGS84_25N 7570933 564632 318 188 81 36 3 4
MFM056 ROCKCHIP EL2017/06 WGS84_25N 7570783 564623 335 71 140 52 1 2
MFM057 ROCKCHIP EL2017/06 WGS84_25N 7570727 564579 334 14 166 61 2 2
MFM058 ROCKCHIP EL2017/06 WGS84_25N 7570726 564570 316 758 258 56 123 14
MFM059 ROCKCHIP EL2017/06 WGS84_25N 7570731 564563 320 1000 217 61 105 12
MFM060 ROCKCHIP EL2017/06 WGS84_25N 7570711 564560 318 829 190 38 75 16
MFM061 ROCKCHIP EL2017/06 WGS84_25N 7570634 564464 309 86 322 66 4 3
MFM062 ROCKCHIP EL2017/06 WGS84_25N 7570596 564377 286 11 7 5 -1 2
MFM063 ROCKCHIP EL2017/06 WGS84_25N 7570504 564346 279 17 11 20 -1 1
MFM064 ROCKCHIP EL2017/06 WGS84_25N 7570404 564316 288 114 50 28 5 2
MFM065 ROCKCHIP EL2017/06 WGS84_25N 7570295 564295 301 421 51 42 1 2
MFM066 ROCKCHIP EL2017/06 WGS84_25N 7570283 564291 288 184 53 45 -1 1
MFM067 ROCKCHIP EL2017/06 WGS84_25N 7570285 564289 304 120 49 46 3 1
MFM068 ROCKCHIP EL2017/06 WGS84_25N 7570290 564318 297 517 33 38 33 5
MFM069 ROCKCHIP EL2017/06 WGS84_25N 7570292 564312 295 254 50 40 1 1
MFM070 ROCKCHIP EL2017/06 WGS84_25N 7570287 564318 296 124 6 31 -1 1
MFM071 ROCKCHIP EL2017/06 WGS84_25N 7570285 564311 303 782 100 47 57 6
MFM072 ROCKCHIP EL2017/06 WGS84_25N 7570284 564307 300 244 63 55 1 2
MFM073 ROCKCHIP EL2017/06 WGS84_25N 7570280 564305 296 144 58 48 1 1
MFM078 ROCKCHIP EL2017/06 WGS84_25N 7569609 563958 445 572 149 48 27 5
MFM079 ROCKCHIP EL2017/06 WGS84_25N 7569615 563993 442 290 73 38 18 8
MFM083 ROCKCHIP EL2017/06 WGS84_25N 7574846 567740 878 1835 409 68 145 12
MFM084 ROCKCHIP EL2017/06 WGS84_25N 7569638 563987 432 2338 191 46 112 14
MFM085 ROCKCHIP EL2017/06 WGS84_25N 7570179 564220 308 284 30 17 38 5
MFM086 ROCKCHIP EL2017/06 WGS84_25N 7570186 564222 310 349 85 22 22 3
MFM087 ROCKCHIP EL2017/06 WGS84_25N 7570189 564225 308 181 84 25 11 3
MFM088 ROCKCHIP EL2017/06 WGS84_25N 7570184 564224 313 932 193 37 71 5
MFM089 ROCKCHIP EL2017/06 WGS84_25N 7570183 564225 314 750 222 43 41 4
MFM090 ROCKCHIP EL2017/06 WGS84_25N 7574848 567752 887 490 176 53 65 7
MFM091 ROCKCHIP EL2017/06 WGS84_25N 7574852 567746 889 1420 312 61 105 8
MFM092 ROCKCHIP EL2017/06 WGS84_25N 7574852 567749 884 1369 188 47 79 7
MFM093 ROCKCHIP EL2017/06 WGS84_25N 7574854 567748 880 2548 407 72 314 28
MFM094 ROCKCHIP EL2017/06 WGS84_25N 7574855 567743 889 2202 342 60 202 20
MFM095
ROCKCHIP
EL2017/06 WGS84_25N 7574853 567747
889
5363
721
111
5
3
MFM096 ROCKCHIP EL2017/06 WGS84_25N 7574858 567744 885 1934 242 61 164 15
MFM097 ROCKCHIP EL2017/06 WGS84_25N 7574858 567748 885 2917 453 78 240 25
MFM098 ROCKCHIP EL2017/06 WGS84_25N 7574840 567744 886 884 265 60 82 10
MFM099 ROCKCHIP EL2017/06 WGS84_25N 7574852 567738 890 608 182 53 122 11
MFM100 ROCKCHIP EL2017/06 WGS84_25N 7574847 567731 891 1694 172 34 248 16
MFM101 ROCKCHIP EL2017/06 WGS84_25N 7574849 567729 893 1236 196 49 196 33

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

16

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM101 ROCKCHIP EL2017/06 WGS84_25N 7574849 567729 893 1236 196 49 196 33
MFM102
ROCKCHIP
EL2017/06 WGS84_25N 7574823 567742
891
5697
390
14
250
10
MFM103 ROCKCHIP EL2017/06 WGS84_25N 7574808 567710 891 2037 568 125 109 5
MFM104 ROCKCHIP EL2017/06 WGS84_25N 7574809 567713 888 1520 702 60 113 6
MFM105 ROCKCHIP EL2017/06 WGS84_25N 7574810 567713 888 2432 965 98 132 9
MFM106
ROCKCHIP
EL2017/06 WGS84_25N 7574808 567712
885
5875
1873
168
406
6
MFM107 ROCKCHIP EL2017/06 WGS84_25N 7574808 567712 887 3099 429 42 256 11
MFM108
ROCKCHIP
EL2017/06 WGS84_25N 7574810 567711
886
6840
3067
329
314
19
MFM109
ROCKCHIP
EL2017/06 WGS84_25N 7574809 567712
888
11765
3582
416
288
10
MFM110 ROCKCHIP EL2017/06 WGS84_25N 7574809 567712 887 389 355 74 14 4
MFM111 ROCKCHIP EL2017/06 WGS84_25N 7574808 567709 885 4804 2216 343 171 13
MFM112
ROCKCHIP
EL2017/06 WGS84_25N 7574806 567711
887
4990
932
102
512
53
MFM113 ROCKCHIP EL2017/06 WGS84_25N 7574806 567710 887 858 740 76 41 5
MFM114 ROCKCHIP EL2017/06 WGS84_25N 7574807 567712 889 434 200 26 58 8
MFM115 ROCKCHIP EL2017/06 WGS84_25N 7574807 567712 887 156 56 10 9 2
MFM116 ROCKCHIP EL2017/06 WGS84_25N 7574798 567699 889 201 58 17 23 2
MFM117 ROCKCHIP EL2017/06 WGS84_25N 7574801 567701 890 1515 297 49 157 21
MFM118 ROCKCHIP EL2017/06 WGS84_25N 7574795 567704 879 208 206 18 49 7
MFM119
ROCKCHIP
EL2017/06 WGS84_25N 7574793 567698
884
4456
1116
107
774
37
MFM120 ROCKCHIP EL2017/06 WGS84_25N 7574782 567688 884 750 370 29 70 4
MFM122 ROCKCHIP EL2017/06 WGS84_25N 7574783 567689 887 1752 447 54 189 18
MFM123 ROCKCHIP EL2017/06 WGS84_25N 7574775 567681 890 1243 440 47 92 10
MFM124 ROCKCHIP EL2017/06 WGS84_25N 7574778 567680 888 3123 2228 261 320 9
MFM125 ROCKCHIP EL2017/06 WGS84_25N 7574779 567680 884 2687 559 58 241 21
MFM126 ROCKCHIP EL2017/06 WGS84_25N 7574772 567672 885 529 163 25 80 9
MFM127 ROCKCHIP EL2017/06 WGS84_25N 7574777 567674 887 1057 202 19 82 6
MFM128 ROCKCHIP EL2017/06 WGS84_25N 7574775 567673 885 904 288 28 273 17
MFM129 ROCKCHIP EL2017/06 WGS84_25N 7574778 567673 883 150 255 62 116 8
MFM130 ROCKCHIP EL2017/06 WGS84_25N 7574774 567668 885 1204 205 38 98 9
MFM131 ROCKCHIP EL2017/06 WGS84_25N 7574773 567668 889 1600 540 100 85 5
MFM132 ROCKCHIP EL2017/06 WGS84_25N 7574574 567509 852 61 47 13 4 2
MFM133 ROCKCHIP EL2017/06 WGS84_25N 7574575 567508 848 290 132 45 19 5
MFM134 ROCKCHIP EL2017/06 WGS84_25N 7574538 567470 849 403 109 42 18 2
MFM135 ROCKCHIP EL2017/06 WGS84_25N 7574535 567470 846 102 33 8 16 3
MFM136 ROCKCHIP EL2017/06 WGS84_25N 7574523 567442 832 335 119 45 18 2
MFM137 ROCKCHIP EL2017/06 WGS84_25N 7574527 567440 837 23 14 8 1 2
MFM138 ROCKCHIP EL2017/06 WGS84_25N 7574512 567370 820 132 142 49 48 6
MFM139 ROCKCHIP EL2017/06 WGS84_25N 7574512 567373 820 74 75 36 4 8
MFM140 ROCKCHIP EL2017/06 WGS84_25N 7574511 567375 820 38 14 11 2 2
MFM141 ROCKCHIP EL2017/06 WGS84_25N 7574500 567367 828 140 94 40 10 3
MFM142 ROCKCHIP EL2017/06 WGS84_25N 7574499 567367 825 9 4 4 -1 2
MFM143 ROCKCHIP EL2017/06 WGS84_25N 7574479 567339 817 172 115 43 21 4
MFM144 ROCKCHIP EL2017/06 WGS84_25N 7574477 567340 814 14 11 6 -1 1
MFM145 ROCKCHIP EL2017/06 WGS84_25N 7574474 567331 812 399 206 49 43 6
MFM147 ROCKCHIP EL2017/06 WGS84_25N 7574482 567332 816 734 175 42 64 9

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

17

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM148 ROCKCHIP EL2017/06 WGS84_25N 7574472 567326 810 166 37 17 14 4
MFM149 ROCKCHIP EL2017/06 WGS84_25N 7574480 567333 819 154 124 43 7 3
MFM150 ROCKCHIP EL2017/06 WGS84_25N 7574475 567313 798 2546 162 44 229 61
MFM151 ROCKCHIP EL2017/06 WGS84_25N 7574442 567309 799 930 170 46 109 12
MFM152 ROCKCHIP EL2017/06 WGS84_25N 7574464 567311 805 56 26 12 5 7
MFM153 ROCKCHIP EL2017/06 WGS84_25N 7574562 567306 787 168 151 47 13 4
MFM154 ROCKCHIP EL2017/06 WGS84_25N 7574571 567286 786 1025 510 61 303 28
MFM155 ROCKCHIP EL2017/06 WGS84_25N 7574994 567954 881 22 19 4 1 2
MFM156 ROCKCHIP EL2017/06 WGS84_25N 7574992 567954 878 125 53 16 6 8
MFM157 ROCKCHIP EL2017/06 WGS84_25N 7574992 567955 880 3131 211 37 353 34
MFM158 ROCKCHIP EL2017/06 WGS84_25N 7574984 567952 883 2443 632 87 208 23
MFM159 ROCKCHIP EL2017/06 WGS84_25N 7574981 567945 882 1930 275 45 180 18
MFM160 ROCKCHIP EL2017/06 WGS84_25N 7574974 567941 880 283 120 38 21 12
MFM161 ROCKCHIP EL2017/06 WGS84_25N 7574969 567932 882 70 17 5 7 6
MFM162 ROCKCHIP EL2017/06 WGS84_25N 7574967 567930 882 390 503 66 61 9
MFM163 ROCKCHIP EL2017/06 WGS84_25N 7574956 567912 883 350 304 59 35 7
MFM164 ROCKCHIP EL2017/06 WGS84_25N 7574952 567908 880 253 93 38 22 6
MFM165 ROCKCHIP EL2017/06 WGS84_25N 7574852 567506 814 330 44 38 20 6
MFM166 ROCKCHIP EL2017/06 WGS84_25N 7574847 567494 828 692 67 38 81 10
MFM167 ROCKCHIP EL2017/06 WGS84_25N 7574848 567497 827 445 58 37 39 10
MFM168 ROCKCHIP EL2017/06 WGS84_25N 7574839 567485 805 465 12 33 25 11
MFM169 ROCKCHIP EL2017/06 WGS84_25N 7574839 567474 810 1524 79 45 63 17
MFM170 ROCKCHIP EL2017/06 WGS84_25N 7574840 567477 812 464 26 38 27 7
MFM171 ROCKCHIP EL2017/06 WGS84_25N 7574844 567479 804 2237 90 40 134 35
MFM172 ROCKCHIP EL2017/06 WGS84_25N 7574838 567457 805 313 87 45 63 8
MFM173 ROCKCHIP EL2017/06 WGS84_25N 7574823 567454 808 185 44 32 43 7
MFM174 ROCKCHIP EL2017/06 WGS84_25N 7574830 567428 820 115 72 33 19 3
MFM175 ROCKCHIP EL2017/06 WGS84_25N 7574827 567421 818 339 40 18 156 7
MFM176 ROCKCHIP EL2017/06 WGS84_25N 7574810 567417 801 2400 228 37 197 42
MFM177 ROCKCHIP EL2017/06 WGS84_25N 7574800 567411 800 3367 487 34 271 90
MFM178 ROCKCHIP EL2017/06 WGS84_25N 7574849 567492 823 2002 223 65 17 5
MFM179 ROCKCHIP EL2017/06 WGS84_25N 7574924 567609 824 226 52 23 109 14
MFM180 ROCKCHIP EL2017/06 WGS84_25N 7574918 567605 821 222 112 38 15 10
MFM181 ROCKCHIP EL2017/06 WGS84_25N 7574910 567600 824 230 98 42 5 7
MFM182 ROCKCHIP EL2017/06 WGS84_25N 7574912 567588 826 253 91 43 14 5
MFM183 ROCKCHIP EL2017/06 WGS84_25N 7574903 567566 830 250 77 38 17 9
MFM184 ROCKCHIP EL2017/06 WGS84_25N 7574898 567563 829 197 114 42 65 8
MFM185 ROCKCHIP EL2017/06 WGS84_25N 7574893 567541 830 194 77 35 14 4
MFM186 ROCKCHIP EL2017/06 WGS84_25N 7574872 567523 823 23 13 6 1 3
MFM187 ROCKCHIP EL2017/06 WGS84_25N 7574859 567524 804 160 79 32 18 8
MFM188 ROCKCHIP EL2017/06 WGS84_25N 7574853 567507 807 38 19 16 2 3
MFM189 ROCKCHIP EL2017/06 WGS84_25N 7574804 567408 801 3551 496 26 355 110
MFM190 ROCKCHIP EL2017/06 WGS84_25N 7574815 567408 794 2611 635 41 160 49
MFM191
ROCKCHIP
EL2017/06 WGS84_25N 7574813 567397
802
5638
227
42
1660
163
MFM192
ROCKCHIP
EL2017/06 WGS84_25N 7574812 567398
800
6399
298
38
836
98

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

18

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM193 ROCKCHIP EL2017/06 WGS84_25N 7574813 567399 799 3141 203 28 452 49
MFM194 ROCKCHIP EL2017/06 WGS84_25N 7574813 567400 799 411 97 29 -1 -1
MFM195
ROCKCHIP
EL2017/06 WGS84_25N 7574813 567401
799
6039
251
41
1871
140
MFM196 ROCKCHIP EL2017/06 WGS84_25N 7574756 567296 798 253 76 33 28 5
MFM197 ROCKCHIP EL2017/06 WGS84_25N 7574767 567209 801 2076 369 62 189 26
MFM198 ROCKCHIP EL2017/06 WGS84_25N 7574770 567214 806 280 163 46 31 4
MFM199 ROCKCHIP EL2017/06 WGS84_25N 7574630 567083 742 276 93 41 21 6
MFM200 ROCKCHIP EL2017/06 WGS84_25N 7574616 567059 707 261 96 43 12 4
MFM204 ROCKCHIP EL2017/06 WGS84_25N 7574077 566535 541 392 89 42 28 8
MFM205 ROCKCHIP EL2017/06 WGS84_25N 7574063 566535 543 264 132 42 26 6
MFM206 ROCKCHIP EL2017/06 WGS84_25N 7574020 566533 557 267 91 41 16 5
MFM207 ROCKCHIP EL2017/06 WGS84_25N 7574004 566525 548 252 89 41 17 5
MFM208 ROCKCHIP EL2017/06 WGS84_25N 7573963 566437 525 177 76 36 11 4
MFM209 ROCKCHIP EL2017/06 WGS84_25N 7573895 566407 520 258 77 38 16 8
MFM210 ROCKCHIP EL2017/06 WGS84_25N 7573893 566385 517 168 75 37 18 5
MFM211 ROCKCHIP EL2017/06 WGS84_25N 7573850 566403 509 16 21 8 -1 2
MFM212 ROCKCHIP EL2017/06 WGS84_25N 7573800 566388 520 277 86 39 17 5
MFM213 ROCKCHIP EL2017/06 WGS84_25N 7573781 566408 526 77 42 20 8 4
MFM214 ROCKCHIP EL2017/06 WGS84_25N 7573772 566438 537 176 113 43 11 4
MFM215 ROCKCHIP EL2017/06 WGS84_25N 7573659 566387 552 401 106 43 103 11
MFM216 ROCKCHIP EL2017/06 WGS84_25N 7573647 566362 570 637 188 50 147 17
MFM217 ROCKCHIP EL2017/06 WGS84_25N 7573638 566349 570 235 286 62 63 6
MFM218 ROCKCHIP EL2017/06 WGS84_25N 7573634 566347 572 2254 542 86 204 28
MFM219 ROCKCHIP EL2017/06 WGS84_25N 7573608 566328 574 1417 68 35 143 19
MFM220 ROCKCHIP EL2017/06 WGS84_25N 7573610 566329 573 937 76 35 154 25
MFM221 ROCKCHIP EL2017/06 WGS84_25N 7573588 566318 575 1359 270 57 104 13
MFM222 ROCKCHIP EL2017/06 WGS84_25N 7573583 566319 575 328 150 39 28 6
MFM223 ROCKCHIP EL2017/06 WGS84_25N 7573560 566315 570 2889 396 57 95 14
MFM224
ROCKCHIP
EL2017/06 WGS84_25N 7573548 566318
575
5841
221
57
697
114
MFM225 ROCKCHIP EL2017/06 WGS84_25N 7573529 566371 544 251 191 50 14 4
MFM226 ROCKCHIP EL2017/06 WGS84_25N 7573490 566313 554 1036 166 34 103 25
MFM227 ROCKCHIP EL2017/06 WGS84_25N 7573493 566326 531 1644 242 46 149 17
MFM228 ROCKCHIP EL2017/06 WGS84_25N 7573463 566311 530 488 845 80 41 5
MFM229 ROCKCHIP EL2017/06 WGS84_25N 7573463 566313 520 324 723 79 38 10
MFM230 ROCKCHIP EL2017/06 WGS84_25N 7573415 566290 522 2718 394 71 111 30
MFM231
ROCKCHIP
EL2017/06 WGS84_25N 7573418 566291
519
4610
286
43
574
84
MFM232 ROCKCHIP EL2017/06 WGS84_25N 7573420 566285 525 2488 615 51 344 43
MFM233 ROCKCHIP EL2017/06 WGS84_25N 7573432 566277 518 570 128 29 35 5
MFM234 ROCKCHIP EL2017/06 WGS84_25N 7573432 566276 519 975 78 20 78 7
MFM235 ROCKCHIP EL2017/06 WGS84_25N 7573396 566274 521 3530 399 52 250 44
MFM236 ROCKCHIP EL2017/06 WGS84_25N 7573400 566262 520 687 155 36 63 16
MFM237 ROCKCHIP EL2017/06 WGS84_25N 7573393 566257 653 155 20 50 8
MFM238 ROCKCHIP EL2017/06 WGS84_25N 7573389 566262 547 570 399 66 84 9
MFM239 ROCKCHIP EL2017/06 WGS84_25N 7573382 566271 537 814 184 38 72 10
MFM240 ROCKCHIP EL2017/06 WGS84_25N 7573363 566251 531 1490 205 83 25 10

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

19

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM241 ROCKCHIP EL2017/06 WGS84_25N 7573330 566204 517 252 118 45 13 4
MFM242 ROCKCHIP EL2017/06 WGS84_25N 7573340 566209 523 3751 262 45 445 59
MFM243 ROCKCHIP EL2017/06 WGS84_25N 7573336 566213 520 193 137 43 11 4
MFM244 ROCKCHIP EL2017/06 WGS84_25N 7573296 566215 533 154 363 67 11 4
MFM245 ROCKCHIP EL2017/06 WGS84_25N 7573280 566213 537 93 298 57 6 3
MFM246 ROCKCHIP EL2017/06 WGS84_25N 7573240 566239 532 62 380 71 4 2
MFM247 ROCKCHIP EL2017/06 WGS84_25N 7573174 566217 563 41 514 95 4 2
MFM248 ROCKCHIP EL2017/06 WGS84_25N 7573322 566180 516 222 144 40 17 5
MFM249 ROCKCHIP EL2017/06 WGS84_25N 7573274 566166 513 138 245 53 12 3
MFM250 ROCKCHIP EL2017/06 WGS84_25N 7573252 566090 491 92 440 66 12 2
MFM251 ROCKCHIP EL2017/06 WGS84_25N 7573234 566073 475 172 131 40 9 3
MFM252 ROCKCHIP EL2017/06 WGS84_25N 7573176 566059 474 424 165 31 9 9
MFM253 ROCKCHIP EL2017/06 WGS84_25N 7573177 566061 467 379 35 13 5 4
MFM254 ROCKCHIP EL2017/06 WGS84_25N 7573178 566014 461 1275 423 73 113 11
MFM255 ROCKCHIP EL2017/06 WGS84_25N 7573173 566010 450 1145 299 61 156 15
MFM256 ROCKCHIP EL2017/06 WGS84_25N 7573089 565939 439 907 157 46 52 7
MFM257 ROCKCHIP EL2017/06 WGS84_25N 7573045 565873 427 165 130 44 20 5
MFM258 ROCKCHIP EL2017/06 WGS84_25N 7573034 565869 427 401 115 43 33 8
MFM259 ROCKCHIP EL2017/06 WGS84_25N 7573009 565854 409 801 47 23 109 15
MFM260 ROCKCHIP EL2017/06 WGS84_25N 7573007 565854 410 577 93 30 52 14
MFM261 ROCKCHIP EL2017/06 WGS84_25N 7572982 565853 407 789 83 25 30 14
MFM262 ROCKCHIP EL2017/06 WGS84_25N 7574450 567292 798 325 98 38 20 5
MFM263 ROCKCHIP EL2017/06 WGS84_25N 7574451 567285 797 438 118 40 52 9
MFM264 ROCKCHIP EL2017/06 WGS84_25N 7574366 567220 761 47 15 11 3 2
MFM265 ROCKCHIP EL2017/06 WGS84_25N 7574367 567193 758 522 110 41 45 5
MFM266
ROCKCHIP
EL2017/06 WGS84_25N 7574328 567178
748
1715
104
11
597
37
MFM267 ROCKCHIP EL2017/06 WGS84_25N 7574328 567158 744 1580 597 80 303 20
MFM268 ROCKCHIP EL2017/06 WGS84_25N 7574333 567155 747 1358 311 48 238 22
MFM269 ROCKCHIP EL2017/06 WGS84_25N 7574329 567151 744 222 1503 93 9 2
MFM270 ROCKCHIP EL2017/06 WGS84_25N 7574308 567143 749 1599 223 38 449 36
MFM271 ROCKCHIP EL2017/06 WGS84_25N 7574266 567070 722 255 207 43 42 7
MFM272 ROCKCHIP EL2017/06 WGS84_25N 7574245 567040 725 2123 491 57 190 24
MFM273 ROCKCHIP EL2017/06 WGS84_25N 7574249 567040 721 1696 612 69 149 15
MFM274 ROCKCHIP EL2017/06 WGS84_25N 7574242 567022 704 2232 204 34 193 15
MFM275 ROCKCHIP EL2017/06 WGS84_25N 7574244 567020 703 2951 138 26 392 40
MFM276
ROCKCHIP
EL2017/06 WGS84_25N 7574242 567014
705
6040
526
76
548
45
MFM277 ROCKCHIP EL2017/06 WGS84_25N 7574234 566998 697 1307 179 42 191 17
MFM278 ROCKCHIP EL2017/06 WGS84_25N 7574231 566983 697 1966 327 60 259 22
MFM279 ROCKCHIP EL2017/06 WGS84_25N 7574224 566978 698 285 171 42 24 4
MFM280 ROCKCHIP EL2017/06 WGS84_25N 7574228 566967 691 1299 117 37 117 10
MFM281 ROCKCHIP EL2017/06 WGS84_25N 7574210 566945 690 422 66 23 38 3
MFM282
ROCKCHIP
EL2017/06 WGS84_25N 7574208 566937
689
11035
1068
53
2252
51
MFM283 ROCKCHIP EL2017/06 WGS84_25N 7574206 566904 676 1457 120 39 185 8
MFM284 ROCKCHIP EL2017/06 WGS84_25N 7574173 566886 658 1047 180 31 105 5
MFM285 ROCKCHIP EL2017/06 WGS84_25N 7574156 566883 656 371 41 5 68 4

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

20

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM286 ROCKCHIP EL2017/06 WGS84_25N 7574044 566816 657 236 189 46 16 4
MFM287 ROCKCHIP EL2017/06 WGS84_25N 7574014 566840 620 624 245 33 51 6
MFM288 ROCKCHIP EL2017/06 WGS84_25N 7574011 566843 609 82 1617 95 8 2
MFM289
ROCKCHIP
EL2017/06 WGS84_25N 7573989 566839
614
5424
1196
103
323
39
MFM290 ROCKCHIP EL2017/06 WGS84_25N 7573918 566815 582 1127 165 31 185 18
MFM291 ROCKCHIP EL2017/06 WGS84_25N 7573898 566808 584 1522 291 48 134 11
MFM292 ROCKCHIP EL2017/06 WGS84_25N 7573860 566779 553 1313 336 54 214 15
MFM293 ROCKCHIP EL2017/06 WGS84_25N 7573904 566809 583 2684 237 39 416 38
MFM294 ROCKCHIP EL2017/06 WGS84_25N 7573732 566748 539 331 135 40 22 5
MFM295 ROCKCHIP EL2017/06 WGS84_25N 7573732 566702 550 142 328 57 14 3
MFM296 ROCKCHIP EL2017/06 WGS84_25N 7573701 566722 545 219 127 42 10 4
MFM297 ROCKCHIP EL2017/06 WGS84_25N 7573658 566711 536 245 133 43 16 5
MFM299 ROCKCHIP EL2017/06 WGS84_25N 7573595 566688 524 234 119 40 23 5
MFM300 ROCKCHIP EL2017/06 WGS84_25N 7573549 566652 522 217 146 45 14 5
MFM301 ROCKCHIP EL2017/06 WGS84_25N 7573467 566550 513 82 361 71 12 4
MFM302 ROCKCHIP EL2017/06 WGS84_25N 7573389 566476 511 93 447 62 11 3
MFM303 ROCKCHIP EL2017/06 WGS84_25N 7573224 566405 480 88 394 64 8 3
MFM304 ROCKCHIP EL2017/06 WGS84_25N 7573091 566367 451 118 552 72 15 5
MFM305 ROCKCHIP EL2017/06 WGS84_25N 7573007 566303 447 174 329 55 13 4
MFM306 ROCKCHIP EL2017/06 WGS84_25N 7572954 566316 429 230 159 46 10 4
MFM307 ROCKCHIP EL2017/06 WGS84_25N 7572917 566268 422 215 181 49 11 3
MFM308 ROCKCHIP EL2017/06 WGS84_25N 7572867 566258 408 13 53 59 -2 -2
MFM309 ROCKCHIP EL2017/06 WGS84_25N 7572912 566175 422 116 344 62 18 -2
MFM310 ROCKCHIP EL2017/06 WGS84_25N 7572766 565908 418 10 57 51 -2 -2
MFM311 ROCKCHIP EL2017/06 WGS84_25N 7572756 565893 422 58 55 53 -2 -2
MFM312 ROCKCHIP EL2017/06 WGS84_25N 7572691 565835 418 67 50 45 -2 -2
MFM313 ROCKCHIP EL2017/06 WGS84_25N 7572673 565879 420 38 65 56 -2 -2
MFM314 ROCKCHIP EL2017/06 WGS84_25N 7572652 565913 418 50 730 124 7 -2
MFM315 ROCKCHIP EL2017/06 WGS84_25N 7572662 565787 408 26 45 41 -2 -2
MFM316 ROCKCHIP EL2017/06 WGS84_25N 7572562 565771 414 1063 579 75 127 10
MFM317 ROCKCHIP EL2017/06 WGS84_25N 7572516 565724 424 247 528 95 17 -2
MFM318 ROCKCHIP EL2017/06 WGS84_25N 7572463 565577 399 36 45 43 -2 -2
MFM319 ROCKCHIP EL2017/06 WGS84_25N 7572415 565531 393 103 103 86 3 -2
MFM320 ROCKCHIP EL2017/06 WGS84_25N 7572376 565473 365 240 165 49 17 3
MFM321 ROCKCHIP EL2017/06 WGS84_25N 7572347 565429 342 51 10 8 -2 -2
MFM322 ROCKCHIP EL2017/06 WGS84_25N 7572350 565430 337 324 210 55 30 -2
MFM323 ROCKCHIP EL2017/06 WGS84_25N 7572337 565427 337 749 123 42 81 16
MFM324 ROCKCHIP EL2017/06 WGS84_25N 7572300 565408 330 592 158 29 58 3
MFM325 ROCKCHIP EL2017/06 WGS84_25N 7572281 565400 324 444 131 37 36 9
MFM326 ROCKCHIP EL2017/06 WGS84_25N 7572169 565353 312 190 173 48 11 2
MFM327 ROCKCHIP EL2017/06 WGS84_25N 7572137 565345 317 368 20 45 11 3
MFM328 ROCKCHIP EL2017/06 WGS84_25N 7572071 565325 314 1074 265 60 149 19
MFM329 ROCKCHIP EL2017/06 WGS84_25N 7572010 565331 310 1839 71 31 210 26
MFM330 ROCKCHIP EL2017/06 WGS84_25N 7572011 565331 309 223 150 48 58 8
MFM331 ROCKCHIP EL2017/06 WGS84_25N 7571915 565342 303 29 20 37 -2 -2

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

21

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM332 ROCKCHIP EL2017/06 WGS84_25N 7571787 565329 287 234 143 44 13 3
MFM333 ROCKCHIP EL2017/06 WGS84_25N 7571718 565304 280 150 196 53 11 3
MFM334 ROCKCHIP EL2017/06 WGS84_25N 7571626 565309 278 249 153 49 15 4
MFM335 ROCKCHIP EL2017/06 WGS84_25N 7571578 565318 273 69 91 24 4 -2
MFM336 ROCKCHIP EL2017/06 WGS84_25N 7571301 565185 295 220 149 49 14 3
MFM337 ROCKCHIP EL2017/06 WGS84_25N 7571167 565068 303 300 104 46 18 5
MFM338 ROCKCHIP EL2017/06 WGS84_25N 7569194 563746 469 11 24 7 -1 1
MFM339 ROCKCHIP EL2017/06 WGS84_25N 7569175 563726 463 36 59 14 2 2
MFM340
ROCKCHIP
EL2017/06 WGS84_25N 7569048 563715
480
20505
6262
931
2190
84
MFM341 ROCKCHIP EL2017/06 WGS84_25N 7568948 563695 480 1469 648 86 125 11
MFM342 ROCKCHIP EL2017/06 WGS84_25N 7568959 563690 485 2897 529 114 188 31
MFM343 ROCKCHIP EL2017/06 WGS84_25N 7568957 563692 484 164 706 150 17 5
MFM344 ROCKCHIP EL2017/06 WGS84_25N 7568956 563696 486 1081 506 72 178 17
MFM345 ROCKCHIP EL2017/06 WGS84_25N 7589449 569732 921 3248 404 50 185 30
MFM346 ROCKCHIP EL2017/06 WGS84_25N 7589440 569728 914 2479 139 63 48 6
MFM347 ROCKCHIP EL2017/06 WGS84_25N 7589442 569729 918 2309 118 50 52 5
MFM348 ROCKCHIP EL2017/06 WGS84_25N 7589429 569736 922 1396 58 18 50 5
MFM349 ROCKCHIP EL2017/06 WGS84_25N 7589432 569734 918 4105 390 83 138 23
MFM350
ROCKCHIP
EL2017/06 WGS84_25N 7589374 569726
916
5816
145
40
516
45
MFM351 ROCKCHIP EL2017/06 WGS84_25N 7589369 569734 925 1939 160 50 143 13
MFM352 ROCKCHIP EL2017/06 WGS84_25N 7589369 569727 921 3880 221 53 378 31
MFM353 ROCKCHIP EL2017/06 WGS84_25N 7589367 569730 920 3445 171 46 359 30
MFM354 ROCKCHIP EL2017/06 WGS84_25N 7589295 569726 931 959 154 38 118 11
MFM355 ROCKCHIP EL2017/06 WGS84_25N 7589294 569724 927 813 493 69 46 7
MFM356 ROCKCHIP EL2017/06 WGS84_25N 7589312 569734 915 2368 301 54 145 21
MFM357 ROCKCHIP EL2017/06 WGS84_25N 7589317 569737 916 3521 264 45 423 33
MFM358 ROCKCHIP EL2017/06 WGS84_25N 7589311 569736 921 2002 453 71 181 16
MFM359 ROCKCHIP EL2017/06 WGS84_25N 7589312 569739 918 1174 301 54 79 9
MFM360
ROCKCHIP
EL2017/06 WGS84_25N 7584601 568648
639
6008
641
78
427
38
MFM361 ROCKCHIP EL2017/06 WGS84_25N 7584607 568638 646 171 1810 98 12 3
MFM362
ROCKCHIP
EL2017/06 WGS84_25N 7584601 568638
648
6348
841
95
588
50
MFM363 ROCKCHIP EL2017/06 WGS84_25N 7584606 568638 645 376 1105 64 26 4
MFM364
ROCKCHIP
EL2017/06 WGS84_25N 7584606 568639
640
8156
970
112
639
57
MFM365 ROCKCHIP EL2017/06 WGS84_25N 7584615 568647 639 2778 415 65 231 24
MFM368 ROCKCHIP EL2017/06 WGS84_25N 7584553 568625 644 1423 283 61 113 10
MFM369
ROCKCHIP
EL2017/06 WGS84_25N 7584552 568625
645
9885
1179
129
620
45
MFM370 ROCKCHIP EL2017/06 WGS84_25N 7584527 568612 649 1257 232 51 119 12
MFM371 ROCKCHIP EL2017/06 WGS84_25N 7584528 568613 649 1240 315 66 179 16
MFM372 ROCKCHIP EL2017/06 WGS84_25N 7584521 568612 648 2430 228 46 249 22
MFM373 ROCKCHIP EL2017/06 WGS84_25N 7584517 568606 646 4458 524 75 386 33
MFM374 ROCKCHIP EL2017/06 WGS84_25N 7584591 568676 636 208 128 41 24 4
MFM375
ROCKCHIP
EL2017/06 WGS84_25N 7584566 568637
642
5540
387
62
470
36
MFM376
ROCKCHIP
EL2017/06 WGS84_25N 7584553 568628
653
5505
541
83
481
41
MFM377 ROCKCHIP EL2017/06 WGS84_25N 7584517 568609 658 730 128 18 88 7
MFM378 ROCKCHIP EL2017/06 WGS84_25N 7584507 568599 655 806 234 39 132 11

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

22

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
MFM379 ROCKCHIP EL2017/06 WGS84_25N 7584474 568578 651 918 42 8 65 10
MFM380 ROCKCHIP EL2017/06 WGS84_25N 7584473 568579 652 1901 159 25 167 18
MFM381 ROCKCHIP EL2017/06 WGS84_25N 7584473 568579 653 4778 323 43 497 43
MFM382
ROCKCHIP
EL2017/06 WGS84_25N 7584473 568579
653
20117
7445
1108
857
44
MFM383
ROCKCHIP
EL2017/06 WGS84_25N 7584473 568578
652
20405
7961
1175
745
51
MFM384
ROCKCHIP
EL2017/06 WGS84_25N 7584473 568578
652
22166
6848
1010
1411
90
NY001 ROCKCHIP EL2017/06 WGS84_25N 7570183 564219 305 531 184 25 40 4
NY002 ROCKCHIP EL2017/06 WGS84_25N 7570184 564225 308 727 376 53 47 6
NY003 ROCKCHIP EL2017/06 WGS84_25N 7570184 564230 308 1588 317 61 98 13
NY004 ROCKCHIP EL2017/06 WGS84_25N 7570245 564261 289 2241 192 38 206 18
NY005 ROCKCHIP EL2017/06 WGS84_25N 7570295 564304 290 125 54 48 -2 -2
NY006 ROCKCHIP EL2017/06 WGS84_25N 7570350 564334 290 940 71 23 127 11
NY007 ROCKCHIP EL2017/06 WGS84_25N 7571112 564694 341 989 148 54 7 5
NY008 ROCKCHIP EL2017/06 WGS84_25N 7571193 564700 332 364 35 58 -2 10
NY009 ROCKCHIP EL2017/06 WGS84_25N 7571231 564717 328 1655 461 61 409 32
NY010 ROCKCHIP EL2017/06 WGS84_25N 7571241 564708 324 1233 467 71 163 10
NY011
ROCKCHIP
EL2017/06 WGS84_25N 7571233 564716
322
5801
1227
110
365
35
NY012
ROCKCHIP
EL2017/06 WGS84_25N 7571232 564725
324
5231
934
72
188
9
NY013 ROCKCHIP EL2017/06 WGS84_25N 7571234 564709 323 4863 676 55 193 11
NY014 ROCKCHIP EL2017/06 WGS84_25N 7571231 564718 313 270 44 11 407 55
NY015
ROCKCHIP
EL2017/06 WGS84_25N 7571230 564720
314
5206
405
56
3298
74
NY016
ROCKCHIP
EL2017/06 WGS84_25N 7571230 564720
318
980
77
39
577
46
NY017
ROCKCHIP
EL2017/06 WGS84_25N 7571230 564722
321
387
61
40
653
87
NY018 ROCKCHIP EL2017/06 WGS84_25N 7574852 567754 884 3695 589 43 189 22
NY019 ROCKCHIP EL2017/06 WGS84_25N 7574847 567758 885 3003 485 79 131 13
NY020 ROCKCHIP EL2017/06 WGS84_25N 7574852 567756 877 1517 512 62 253 22
NY021 ROCKCHIP EL2017/06 WGS84_25N 7574852 567753 870 2382 555 84 178 16
NY022 ROCKCHIP EL2017/06 WGS84_25N 7574856 567745 882 2207 381 62 155 11
NY023 ROCKCHIP EL2017/06 WGS84_25N 7574864 567751 882 1600 326 58 113 13
NY024 ROCKCHIP EL2017/06 WGS84_25N 7574850 567730 881 1469 230 43 133 11
NY025 ROCKCHIP EL2017/06 WGS84_25N 7574852 567744 880 4436 639 103 284 43
NY026 ROCKCHIP EL2017/06 WGS84_25N 7574863 567746 875 3097 545 78 238 22
NY027 ROCKCHIP EL2017/06 WGS84_25N 7574861 567737 877 1654 346 61 105 8
NY028 ROCKCHIP EL2017/06 WGS84_25N 7574837 567746 890 2338 272 42 173 18
NY029
ROCKCHIP
EL2017/06 WGS84_25N 7574804 567713
885
9148
3129
422
115
18
NY030 ROCKCHIP EL2017/06 WGS84_25N 7574776 567640 881 2812 562 97 213 18
NY031 ROCKCHIP EL2017/06 WGS84_25N 7574473 567326 804 264 45 13 42 3
NY032
ROCKCHIP
EL2017/06 WGS84_25N 7574469 567329
789
5448
439
63
483
38
NY033 ROCKCHIP EL2017/06 WGS84_25N 7574836 567500 809 995 80 40 64 10
NY034 ROCKCHIP EL2017/06 WGS84_25N 7574836 567496 812 396 61 39 15 4
NY035 ROCKCHIP EL2017/06 WGS84_25N 7574796 567398 773 3885 608 46 61 7
NY036 ROCKCHIP EL2017/06 WGS84_25N 7574796 567398 763 2403 553 43 168 56
NY037 ROCKCHIP EL2017/06 WGS84_25N 7574742 567324 787 3532 346 45 252 15
NY038 ROCKCHIP EL2017/06 WGS84_25N 7587355 569353 865 2461 214 44 255 27
NY039
ROCKCHIP
EL2017/06 WGS84_25N 7587363 569353
862
2229
334
53
620
36

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

23

SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
SampleID Sample Type
Lease ID
Grid ID
Northing Easting RL (m) Cu (ppm) Ni (ppm) Co (ppm) Pd (ppb) Au (ppb)
NY040
ROCKCHIP
EL2017/06 WGS84_25N 7587345 569349
864
5242
626
82
491
44
NY041 ROCKCHIP EL2017/06 WGS84_25N 7587328 569320 866 813 146 51 84 7
NY042 ROCKCHIP EL2017/06 WGS84_25N 7587330 569319 860 1912 290 55 198 16
NY043 ROCKCHIP EL2017/06 WGS84_25N 7587315 569324 851 1938 382 65 126 16
NY044 ROCKCHIP EL2017/06 WGS84_25N 7587315 569306 855 1700 492 91 224 21
NY045 ROCKCHIP EL2017/06 WGS84_25N 7587272 569298 851 2143 398 56 282 19
NY046 ROCKCHIP EL2017/06 WGS84_25N 7587257 569282 847 3151 402 60 210 20
NY047 ROCKCHIP EL2017/06 WGS84_25N 7587245 569274 851 1957 302 68 136 15

Highly significant assay results: Ni ≥ 0.5% and/or Cu ≥ 0.5% and/or Pd ≥ 0.5g/t Pd

DETAILS OF SURFACE SAMPLING AT THE SORTEKAP PROSPECT

Sample ID Sample_Type Lease ID NAT_Grid_ID Northing Easting RL Au(ppm) Ag (ppm) Ni(ppm) Cu(ppm)
90051 Rockchip MEL-S 2019/38 WGS84_25 7600588 567452 1163 1.9 0.5 82 212
90052 Rockchip MEL-S 2019/38 WGS84_25 7600591 567438 1171 0.0 0.5 65 534
90053 Rockchip MEL-S 2019/38 WGS84_25 7600598 567455 1168 0.0 0.5 5 24
90054 Rockchip MEL-S 2019/38 WGS84_25 7600616 567461 1172 2.7 0.5 80 342
90055 Rockchip MEL-S 2019/38 WGS84_25 7600664 567512 1185 1.1 0.5 118 415
90056 Rockchip MEL-S 2019/38 WGS84_25 7600544 567461 1140 0.1 1.0 323 2997
90057 Rockchip MEL-S 2019/38 WGS84_25 7600612 567503 1167 0.0 0.5 14 23
90147 Rockchip MEL-S 2019/38 WGS84_25 7600573 567446 1167 0.0 0.5 75 325
90148 Rockchip MEL-S 2019/38 WGS84_25 7600563 567441 1165 0.0 0.5 85 190
90149 Rockchip MEL-S 2019/38 WGS84_25 7600561 567441 1165 0.0 0.5 131 297
90150 Rockchip MEL-S 2019/38 WGS84_25 7600563 567439 1167 0.0 0.5 61 154
90151 Rockchip MEL-S 2019/38 WGS84_25 7600563 567438 1164 0.0 0.5 39 87
90152 Rockchip MEL-S 2019/38 WGS84_25 7600556 567436 1159 0.0 0.5 124 76
90153 Rockchip MEL-S 2019/38 WGS84_25 7600556 567449 1159 0.2 0.5 84 259
90154 Rockchip MEL-S 2019/38 WGS84_25 7600551 567458 1151 0.0 0.5 266 1635
90155 Rockchip MEL-S 2019/38 WGS84_25 7600547 567459 1150 0.0 0.5 134 1289
90156 Rockchip MEL-S 2019/38 WGS84_25 7600541 567442 1151 0.1 0.5 103 446
90157 Rockchip MEL-S 2019/38 WGS84_25 7600541 567441 1150 0.0 0.5 129 417
90158 Rockchip MEL-S 2019/38 WGS84_25 7600529 567436 1141 0.0 0.5 16 28
90159 Rockchip MEL-S 2019/38 WGS84_25 7600528 567430 1143 0.0 0.5 21 65
90160 Rockchip MEL-S 2019/38 WGS84_25 7600533 567433 1141 0.0 0.5 82 402
90161 Rockchip MEL-S 2019/38 WGS84_25 7600534 567415 1137 0.0 0.5 83 40
90162 Rockchip MEL-S 2019/38 WGS84_25 7600569 567405 1162 0.0 0.5 81 139
P090857 Rockchip MEL-S 2019/38 WGS84_25N 7601286 569792 1207 0.0 0.1 140 131
P090858 Rockchip MEL-S 2019/38 WGS84_25N 7600580 567439 1164 0.0 0.1 81 162
P090859 Rockchip MEL-S 2019/38 WGS84_25N 7600559 567439 1157 0.0 0.0 7 13
P090860 Rockchip MEL-S 2019/38 WGS84_25N 7600644 567432 1182 0.0 0.1 117 46
P090861 Rockchip MEL-S 2019/38 WGS84_25N 7600644 567432 1182 0.0 0.1 151 102
P090862 Rockchip MEL-S 2019/38 WGS84_25N 7600565 567423 1160 0.0 0.1 45 130
P090863 Rockchip MEL-S 2019/38 WGS84_25N 7600619 567497 1171 0.1 0.7 53 470
P090864 Rockchip MEL-S 2019/38 WGS84_25N 7600626 567496 1171 1.1 1.9 13 797
P090865 Rockchip MEL-S 2019/38 WGS84_25N 7600624 567487 1171 0.2 0.3 115 860

Highly significant assay results: Au >1.0 g/t

24

APPENDIX 2 – JORC

Section 1 Sampling Techniques and Data

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.
•_Surface rock chip samples taken at
surface, that were sampled and analysed
in the years 2008-2010.
• A helicopter-borne versatile time-
domain electromagnetic (VTEM) Plus and
magnetic gradiometer survey of
approximately 695 line km was conducted
by Geotech Ltd in 2017.
•_At the Mestersvig Project, Longland has
conducted no activities as the licence is an
application.
• Include reference to measures
taken to ensure sample
representivity and the appropriate
calibration of any measurement
tools or systems used.
• A geochemical standard/blank was
inserted by the laboratory approximately
every 10 samples to help ensure
laboratory assay accuracy.
• The VTEM Plus survey was carried out on
flight lines-oriented east to west (N 90° E /
N 270° E) on 200m spacings, with the
system specifications summarised below:
VTEM Plus Configuration
Transmitter loop diameter – 26m
Peak dipole moment – 431,408 nIA
Transmitter Pulse Width – 7.32 ms
Base Frequency - 25Hz
Receiver – Z, X coils
Magnetic Sensor- Geometrics Caesium
Vapour x 2
Flying Height – 134m (average)
EM sensor Height- 100m (average)
Magnetic sensor Height – 110m(average)
• 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.
• Surface rock chips were collected to
obtain approximately 1kg samples.
• Each surface rock chip sample was
completely pulverized to produce a 25g
charge for fire assay.
• VTEM surveys are an industry standard
practice in testing for massive sulphide
mineralised bodies.

25

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.). _
• No drilling reported.
Drill sample
recovery
• Method of recording and assessing
core and chip sample recoveries and
results assessed.
• No drilling reported.
• Measures taken to maximise
sample recovery and ensure
representative nature of the
samples.
• No drilling reported.
• 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.
• No drilling reported.
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.
• No drilling reported.
• Whether logging is qualitative or
quantitative in nature. Core (or
_costean, channel, etc.) photography. _
• All surface rock chip samples were
photographed.
• The total length and percentage of
the relevant intersections logged.
_•_No drilling reported.
Sub-
sampling
techniques
and sample
preparation
• If core, whether cut or sawn and
whether quarter, half or all core
taken.
_•_No drilling reported.
• If non-core, whether riffled, tube
sampled, rotary split, etc and
_whether sampled wet or dry. _
_•_Dry surface rock chip samples of
approximately 1kg each were place into
cotton calico sample bags.
• For all sample types, the nature,
quality and appropriateness of the
sample preparation technique.
_•_The sample preparation of surface rock
chips follows industry best practice in
involving oven drying, coarse crushing of
the core sample down to ~10 mm followed
by pulverisation of the entire sample (total
prep) using LM5 grinding mills to a grind
size of 90% passing 75 micron. Sample
preparation is carried out by a commercial
certified laboratory.

26

• Quality control procedures adopted
for all sub-sampling stages to
maximise representivity of samples.
_•_A geochemical standard/blank was
inserted by the laboratory approximately
every 10 surface rock chip samples to
helpensure laboratoryassayaccuracy.
• 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. _
_•_A duplicate was analysed by the
laboratory approximately every 20
surface rock chip samples to help ensure
laboratory assay accuracy.
• Whether sample sizes are
appropriate to the grain size of the
material being sampled.
_•_The surface rock chip sample sizes are
considered appropriate given the early
nature of the exploration activities, and
differing grain sizes encountered.
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.
• All surface rock chip samples were
assayed by an independent certified
commercial laboratory (Genalysis, Perth).
The laboratory is experienced in the
preparation and analysis of copper and
nickel sulfide ores. Samples were
analysed via lead collection fire assay for
Au(1ppb), Pd(0.5ppb) & Pt(0.5pp) and
also via 4 acid digestion with ICP-OES
finish for Ag(1), Co(1), Cr(2%), Cu(1),
Ni(1), Pb(5), Ti(5), V(2), Zn(1). Detection
limit in brackets, values in ppm unless
stated. The techniques and considered
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.
• The VTEM Plus system was calibrated
prior to commencement of the survey.
• All digital data was inspected daily by
the Geotech site technician. The
Company received a daily report on
production and of any equipment issues.
• 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.
• Standards, blanks and duplicates were
inserted by the laboratory at regular
intervals. Accuracy and precision were
assessed using industry standard
procedures such as control charts and
scatter plots. Results indicated no
material issues associated with sample
prep and analytical error.
• The VTEM Plus data was reviewed by
the Company’s consultant geophysicist
and lines re-flown if deemed necessary.

27

Verification
of sampling
and assaying
• The verification of significant
intersections by either independent
or alternative company personnel.
_•_The rock chip analyses mentioned in this
announcement have been verified by
independentgeological consultants.
• The use of twinned holes. • N/A
• Documentation of primary data,
data entry procedures, data
verification, data storage (physical
and electronic) protocols.
_•_Primary data was collected by the
company using Excel templates. All data
mentioned in this announcement,
including original assay files and sample
descriptions, have been validated by an
independentgeologist.
• Discuss any adjustment to assay
data.
• N/A
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.
_•_Surface rock chip samples were located
using a handheld GPS with an accuracy of
±4m.
• The VTEM Plus survey used a real-time
GPS navigation system utilizing the
Novatel WAAS enable GPS receiver
providing in-flight accuracy of 1.8 metres,
and up to 1.0 metres depending on
satellites available. A preliminary flight
path map is plotted daily and checked
against surveyspecifications.
• Specification of the grid system
used.
• UTM (WGS84) Zone 25 North
• Quality and adequacy of
topographic control.
_•_Elevation was measured using a
handheld GPS with an accuracyof ±20m.
Data spacing
and
distribution
• Data spacing for reporting of
Exploration Results.
_•_No uniform spacing between surface
rock chips was used.
• The spacing between the VTEM Plus
flight lines is approximately 200m.
Readings sampled to locations every 2-
3metres alongflight lines.
• 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.
• N/A
• Whether sample compositing has
been applied.
• No

28

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 VTEM Plus flight path is
perpendicular to strike direction of
geological formations and is sufficient to
locate discrete conductive anomalies.
Sample
security
• The measures taken to ensure
sample security.
_•_All samples were submitted to the
laboratory as soon as the program was
completed.
• All VTEM Plus data acquired by Geotech
Airborne reported to the Company’s
representatives.
Audits or
reviews
• The results of any audits or reviews
of sampling techniques and data.
• The VTEM Plus data was independently
verified and interpreted by Kim
Frankcombe of ExploreGeo PtyLtd.

Section 2 Reporting of Exploration Results

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 Ryberg Project is comprised of
Mineral Exploration Licences: 2017/06 &
2019/38 which are held 100% by
Longland.
•_The Mestersvig Project is an application
(number M-252) made by Longland and
wholly within a National Park.
• 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 tenure is secure and in good
standing at the time of writing. There are
no known impediments.
Exploration
done by other
parties
• Acknowledgment and appraisal
of exploration by other parties.
•_The Ryberg Project area has previously
been explored for precious and base
metals by Platina Resources Ltd (2008-
2016), and various Canadian and Danish
companies beforehand.
•_The Mestersvig Project was discovered
by the Lauge Koch Expedition and mined
by Nordisk Mineselskab A/S. Most recent
exploration activities were conducted by
Ironbark Zinc Ltd.

29

Geology • Deposit type, geological setting
and style of mineralisation.
•_At the Ryberg Project the company is
exploring primarily for magmatic Ni-Cu
sulphide mineralisation and orogenic gold.
•_At the Mestersvig Project, the company
intends to explore for vein-hosted Pb & Zn
if/when the licence isgranted.
Drill hole
Information
• A summary of all information
material to the understanding of
the exploration results including a
tabulation of the following
information for all Material drill
holes:
○ easting and northing of the drill
hole collar
○ elevation or RL (Reduced Level –
elevation above sea level in metres)
of the drill hole collar
○ dip and azimuth of the hole
○ down hole length and
interception depth
○ hole length.
• N/A
• 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.
• N/A
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.
• N/A
• The assumptions used for any
reporting of metal equivalent
values should be clearly stated.
• Metal equivalents have not been used.

30

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’). _
• N/A
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.
• These are included in the
announcement.
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 surface samples taken to date have
been reported in Appendix 1.
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 Ryberg Project has been partially
flown with a VTEM survey, partially
covered with satellite hyperspectral data,
and subject to numerous geochemical
analyses conducted (isotope
geochemistry).
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).
•_At the Ryberg Project, proposed
additional activities include: an
aeromagnetic survey, ground
electromagnetic survey, ground IP survey,
diamond drilling, hyperspectral satellite
survey, and mapping.
•_At the Mestersvig Project, once granted
proposed activities include a ground
gravity survey and diamond drilling.

31

• Diagrams clearly highlighting the
areas of possible extensions,
including the main geological
interpretations and future drilling
areas, provided this information is
not commercially sensitive.
_•_Not applicable at this early stage of
exploration.

32