COPPERMOLY LIMITED — Capital/Financing Update 2020

Mar 29, 2020

ADDRESS PHONE Suite 2, 42 Morrow Street +61 (07) 3217 7544 TARINGA QLD 4068 EMAIL info@coppermoly.com.au ABN 54 126 490 855 WEBSITE www.coppermoly.com.au

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ASX Announcement

30 March 2020

ASX Code: COY

Trenching identifies high grade Cu-Zn mineralisation at the Mt Nakru Project, Papua New Guinea

Highlights

• Trenching at the Nakru 3 prospect, on the Mt Nakru Project in Papua New Guinea, has identified high-grade copper-zinc-gold-silver mineralisation, with Trench NK19_T14_2B returning:

• 6m @ 2.23% Cu, 8.23% Zn, 0.61% Pb, 2.0g/t Au & 237g/t Ag

• The occurrence of high-grade copper-zinc-gold-silver mineralisation at Nakru 3 complements the occurrence of high-grade copper-zinc mineralisation at the Nakru 2 North-West Prospect[1 ] reported in December 2019, with Trench NK19_T02 returning:

• 11m @ 4.13% Cu, 9.04% Zn, 0.29g/t Au & 47g/t Ag[2]

• The occurrences of high-grade massive sulphide copper-zinc mineralisation at both the Nakru 2 North-West and Nakru 3 prospects demonstrate the potential of the Mt Nakru Project to host significant deposits of high-grade copper-zinc mineralisation to complement the Inferred Mineral Resource at the Nakru 1 prospect, which is estimated as 35Mt @ 0.73% Cu, 0.25g/t Au & 1.45g/t Ag, including 7.03Mt @ 1.0% Cu and 0.28g/t Au, which is classified as Indicated (JORC 2012)[3]

• Ground electromagnetic (EM) geophysics surveys have recently been completed at Nakru 2 North-West and Nakru 3, with the objectives of defining the strike length of the high-grade copper-zinc-gold-silver mineralisation and providing additional targets for follow up drilling.

• The results of the ground EM surveys will be released when final interpretations of the EM data have been received.

Coppermoly Limited ( ASX:COY or “the Company” ) is pleased to announce the results from a trenching program completed at the Nakru 3 prospect on the Mt Nakru Project (EL1043), on the island of New Britain, Papua New Guinea (Figure 1). The trenching program at Nakru 3 has discovered a sub-cropping 6m width of high-grade copper-zinc-gold-silver mineralisation, with associated anomalous lead. In addition to the high-grade copper (2.23%) and zinc (8.23%), the 6m intersection in trench NK19_T14_2B, also returned 2g/t gold, which is extremely encouraging.

1, 2 See Coppermoly ASX Announcement 4 December 2019. 3See Coppermoly ASX Announcement 28 February 2019. The Company is not aware of any new information or data that materially affects the information included in the referenced ASX announcement and confirms that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

The high-grade copper-zinc-gold-silver mineralisation located in trench NK19_T14_2B at Nakru 3 is also exposed in a creek bed and trends under the flank of the neighbouring hill, making it difficult to tell from surface the strike length of the high-grade mineralisation. The high-grade copper-zincgold-silver mineralisation is hosted in felsic volcanics, within a zone of strong pyritic alteration.

Figure 1 – Location of the Mt Nakru Project

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Coppermoly’s Managing Director Dr. Wanfu Huang commented that the trenching program was extremely successful, identifying high-grade copper-zinc-gold-silver mineralisation at both the Nakru 2 North-West and Nakru 3 prospects, significantly enhancing the prospectivity of the Mt Nakru Project.

“Within the last year we have discovered two new sites of significant widths of high-grade copperzinc-gold-silver mineralisation at Nakru 2 North-West and Nakru 3 which strongly complement the existing Inferred Mineral Resources we have defined at the Nakru 1 and Nakru 2 prospects,” he said.

“Our objective at Nakru 2 North-West and Nakru 3 is to now determine the strike length of these sites of new high-grade mineralisation and we have recently completed ground electromagnetic surveys, with the goal of tracing the mineralisation along strike at both Nakru 2 North-West and Nakru 3.” Dr. Huang said.

Nakru 3 Prospect Trenching Program

The Nakru 3 prospect is located approximately 800m north-east of the Nakru 1 Inferred Mineral Resource and 2.3km east of the Nakru 2 North-West prospect. Historical surface geochemistry sampling at Nakru 3 showed several areas with elevated Cu and Zn values which provided the encouragement to proceed with trenching at Nakru 3. Fourteen trenches for a total of 835m were constructed in the general area around the Nakru 3. Trenches NK19_T14_2B, NK19_T12_2 and NK19_T12_3 exposed copper-zinc-gold-silver mineralisation, with exposed pyrite-silica-clay alteration zones and extensive quartz stockwork veining, all with above background Cu values. The area of alteration extends beyond the limits of the area which was trenched. The thickest and highest-grade copper-zinc-gold-silver mineralisation was 6m of mineralisation exposed between 63-69m along trench NK19-T14_2B.

During the trenching campaign completed in October-November 2019, several lenses of massive sulphide were uncovered. The massive sulphides occur within consistent zones of steeply dipping silica-rich rhyodacite breccias containing disseminated sulphides. The mineralisation located to date can be generally described as a combination of structurally controlled and ‘stratabound’ hydrothermal felsic breccia with polyphase quartz stockwork mineralisation. Alteration is dominated by silica-clay-pyrite with commonly disseminated copper and zinc sulphides.

Location details for the trenches are given in Table 1 and shown in Figure 2. Summary assay results from the trenches are given in Table 2. Samples were collected along all of the trenches and were initially analysed on site with a hand-held portable XRF. Samples with indications of copper and zinc above 1,000 ppm were then dispatched to Intertek Laboratories in Lae and Townsville for 34 element analysis by ICP-OES. Full assay results are given in Appendix 1.

The geological setting for Nakru 3 is generally similar to the nearby Nakru 1 and 2 deposits, suggesting it is a felsic dome system which appears to have been structurally dissected post mineralisation. However, the mineralisation at Nakru 3 is much more massive in nature in comparison to the mostly disseminated mineralisation at Nakru 1 and 2.

Due to the outstanding results obtained from the trenches completed at the Nakru 2 North-West and Nakru 3 prospects in late 2019, follow-up work was expedited. Ground electromagnetic (EM) geophysical surveys have been completed at both the Nakru 2 North-West and Nakru 3 prospects, with the objective of determining the strike extent of the high-grade copper-zinc-gold-silver mineralisation at both prospects.

Summary of Trenching Results from the Mt Nakru Project

The Mt Nakru Cu-Au project (EL 1043) comprises two known deposits, Nakru 1 and Nakru 2, which are 1.5 km apart. Nakru 1 hosts an Indicated Mineral Resource of 7.03Mt @ 1.00% Cu, 0.28g/t Au, and 28.02 Mt Inferred Mineral Resource at 0.66% Cu and 0.25 g/t Au (JORC 2012). Nakru 2 hosts an estimated Mineral Resource of 6.33Mt @ 0.85% Cu, 0.04g/t Au & 2.34g/t Ag, which has been classified as Inferred in accordance with JORC 2012[4] . High-grade copper-zinc mineralisation zones have also been exposed in sub-crop at both the Nakru 2 North-West and Nakru 3 prospects.

4See Coppermoly ASX Announcement 28 February 2019. The Company is not aware of any new information or data that materially affects the information included in the referenced ASX announcement and confirms that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

Table 1 – Location Details for the Trenches from Nakru 3

	Start Location	Start Location	End Location	End Location	Length
Trench ID	Easting (WGS_UTM56S)	Northing (WGS_UTM56S)	Easting (WGS_UTM56S)	Northing (WGS_UTM56S)	m
NK19_T12_1 222620 9340181 222641 9340208 40 NK19_T12_2 222631 9340222 222656 9340255 29 NK19_T12_3 222616 9340266 222572 9340340 103 NK19_T13_1 222538 9340229 222548 9340291 100 NK19_T13_2 222555 9340306 222522 9340386 100 NK19_T14_1 222859 9340276 222817 9340281 60 NK19_T14_2 222839 9340310 222867 9340305 28 NK19_T14_3 222835 9340348 222839 9340296 55 NK19_T15_1 222748 9340166 222757 9340224 60 NK19_T15_2 222741 9340287 222738 9340254 60 NK19_T15_3 222744 9340398 222734 9340431 50 NK19_T16_1 222909 9340286 222938 9340255 50 NK19_T16_2 222938 9340327 222926 9340280 50 NK19_T17 223017 9340301 223025 9340351 50

Figure 2 – Nakru 3 Trench Results Summary

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Table 2 – Summary of Assay Trench Results from the Nakru 3 Prospect

Trench ID From To Width Au Cu Zn Ag Pb (metres) (metres) (metres) ppm % % ppm %
NK19_T12_2	23	24	1	<0.005	0.05	0.10	<0.5
NK19_T12_2	24	25	1	<0.005	0.07	0.02	<0.5
NK19_T12_2	25	26	1	0.01	0.05	0.03	<0.5
NK19_T12_2	26	27	1	0.01	0.23	2.19	233
NK19_T12_2	27	28	1	2.20	0.60	0.71	495
NK19_T12_2	28	29	1	0.01	0.13	0.03	0.8
NK19_T12_3	0	1	1	0.01	0.11	0.05	<0.5
NK19_T12_3	1	2	1	0.01	0.08	0.04	<0.5
NK19_T12_3	2	3	1	0.02	0.11	0.10	1.2
NK19_T12_3	3	4	1	0.01	0.08	0.03	<0.5
NK19_T12_3	4	5	1	0.01	0.06	0.01	1.6
NK19_T12_3	5	6	1	<0.005	0.10	0.04	4.5
NK19_T12_3	6	7	1	<0.005	0.06	0.16	2.1
NK19_T12_3	7	8	1	<0.005	0.20	0.07	0.5
NK19_T12_3	8	9	1	0.02	0.12	0.09	<0.5
NK19_T12_3	9	10	1	0.02	0.06	0.08	<0.5
NK19_T12_3	10	15	5	0.03	0.07	0.12	<0.5
NK19_T12_3	59	64	5	0.02	0.06	0.24	2.5
NK19_T12_3	89	94	5	0.07	0.03	0.03	9.4
NK19_T12_3	98	99	1	0.09	0.13	0.51	4.3
NK19_T12_3	99	100	1	0.20	0.20	0.49	6.4
NK19_T12_3	100	101	1	0.07	0.06	0.27	8.5
NK19_T12_3	101	102	1	0.08	0.01	0.02	<0.5
NK19_T12_3	102	103	1	0.04	0.07	0.02	<0.5
NK19_T14_2	62	63	1	0.26	0.26	0.52	23.9
NK19_T14_2	63	64	1	0.81	5.33	0.92	253
NK19_T14_2	64	65	1	0.42	0.73	4.11	67.8
NK19_T14_2	65	66	1	0.50	0.25	2.24	59.9
NK19_T14_2	66	67	1	0.26	0.28	0.31	60.7
NK19_T14_2	67	68	1	1.02	1.06	3.61	156
NK19_T14_2	68	69	1	0.38	0.06	0.12	92.4
NK19_T14_2	69	70	1	1.03	0.24	0.54	184
NK19_T14_2	72	74	2	0.03	0.04	0.22	1.6
NK19_T14_2	74	76	2	0.46	0.06	0.05	155
NK19_T14_2B*	0	1	1	1.34	0.90	16.61	164	1.52
NK19_T14_2B	1	2	1	0.40	0.63	5.54	78.6	0.30
NK19_T14_2B	2	3	1	6.81	6.74	7.05	751	0.49
NK19_T14_2B	3	4	1	1.72	1.86	13.37	194	1.02
NK19_T14_2B	4	5	1	0.42	0.57	3.04	77.6	0.16
NK19_T14_2B	5	6	1	1.08	2.69	3.76	155	0.17

*NK19_T14_2B is a deeper trench of approximately 1.5 to 2.0m greater depth that was dug in this same location as trench NK19_T14_2 after initial samples from trench NK19_T14_2 were collected. 6m of highgrade mineralisation was resampled and assayed between the 63-69m section.

Local geology at Mt Nakru is dominated by a rhyolitic ‘flow-dome’ complex that overlies Upper Eocene to Upper Oligocene age andesitic and basaltic volcanics. A thin blanket (2-8m) of Pleistocene to Recent tephra covers the local area. Copper-gold mineralisation at Nakru 1 and Nakru 2 and is marked by surface geochemical anomalies and strong chargeability anomalies in Induced Polarisation (IP) data. Most mineralisation is veinlet and disseminated style hosted by strongly quartz-sericite-pyrite altered volcanic breccias, with some thin veins of massive sulphide. More significant widths of massive sulphide mineralisation occur at Nakru 2 North-West and Nakru 3, as opposed to the more disseminated mineralisation at Nakru 1 and Nakru 2. Textural evidence indicates that mineralisation was emplaced at a high level in a submarine environment.

At Nakru 2 North-West the best result was from trench NK19_T02 which returned 11m @ 4.13% Cu, 9.04% Zn, 0.29g/t Au & 47g/t Ag. At Nakru 3 the best result was from trench NK19_T14_2B which returned 6m @ 2.23% Cu, 8.23% Zn, 0.61% Pb, 2.0g/t Au & 237g/t Ag. Both results from the Nakru 2 North-West and Nakru 3 prospects are extremely encouraging, with the results at Nakru 3 being especially interesting due to the occurrence of 2g/t gold with the 6m width of high-grade copper-zinc mineralisation.

With two defined mineral resources (Nakru 1, Nakru 2) and two sites of high-grade copper-zincgold-silver mineralisation (Nakru 2 North-West, Nakru 3), the overall Mt Nakru project is emerging as a highly mineralised area with significant potential.

Authorised on behalf of Coppermoly Limited by the Managing Director Dr. Wanfu Huang.

For further information please contact

Dr. Wanfu Huang Managing Director wfhuang@coppermoly.com.au

• END -

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on information compiled by Mr. Jeremy Read, who is a Member of the Australian Institute of Mining and Metallurgy (AusIMM), Member Number 224610. Mr. Read has sufficient experience which is relevant to the style of mineralisation under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Read is a part-time consultant to Coppermoly and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

APPENDIX 1

Geochemical Assay Results Mt Nakru Trenching Program

Sample	Au1 ppm	Au2 ppm	Au3 ppm	Au4 ppm	Ag ppm	Al ppm	As ppm	Ba ppm	Bi ppm	Ca ppm	Cd ppm	Ce ppm	Co ppm	Cr ppm	Cu ppm	Fe %	K ppm	La ppm	Li ppm	Mg ppm	Mn ppm	Mo ppm
NK19_T1 A -11-12 NK19_T1 A -12-13 NK19_T1 A -13-14 NK19_T1- 100-102 NK19_T1- 102-104 NK19_T1- 108-110 NK19_T1- 116-117 NK19_T1- 35-36M NK19_T1- 36-37M NK19_T1- 37-38M NK19_T1- 38-39M NK19_T1- 39-40M NK19_T1- 40-41M NK19_T1- 41-42M NK19_T1- 42-43M NK19_T1- 43-44M NK19_T1- 47-48 NK19_T1- 48-49 NK19_T1- 49-50 NK19_T1- 50-51 NK19_T1- 51-52 NK19_T1- 52-53 NK19_T1- 53-54 NK19_T1- 54-55 NK19_T1- 55-56 NK19_T1- 56-57 NK19_T1- 68-70 NK19_T1- 70-72 NK19_T1- 72-74 NK19_T1- 74-75 NK19_T1- 75-76 NK19_T1- 76-77 NK19_T1- 77-78 NK19_T1- 78-79 NK19_T1- 79-80 NK19_T1- 80-81 NK19_T1- 81-82 NK19_T1- 82-83 NK19_T1- 83-84 NK19_T1- 84-85 NK19_T1- 85-86 NK19_T1- 86-87 NK19_T1- 87-88 NK19_T1- 88-89 NK19_T1- 89-90 NK19_T1- 90-91 NK19_T1- 91-92 NK19_T1- 92-93 NK19_T1- 93-94 NK19_T1- 94-95 NK19_T1- 95-96 NK19_T1- 96-97 NK19_T14-2B 0-1 NK19_T14-2B 1-2 NK19_T14-2B 2-3 NK19_T14-2B 3-4 NK19_T14-2B 4-5 NK19_T14-2B 5-6	0.125 0.165 0.235 0.029 0.011 0.056 0.018 0.012 0.016 0.023 0.03 0.05 0.056 0.023 0.031 0.018 0.154 0.096 0.074 0.07 0.072 0.09 0.177 0.213 0.127 0.067 0.029 0.01 0.008 0.006 0.025 0.015 0.076 0.037 0.012 0.009 0.01 0.015 0.015 0.011 0.014 0.019 0.025 0.053 0.042 0.032 0.027 0.029 0.021 0.025 0.028 0.009 1.34 0.396 6.81 1.72 0.422 1.08	0.036 0.015 0.023 1.22		0.031 0.026	38.2 45.9 123 4.2 <0.5 4.3 1.9 7.6 6.7 11.3 10.3 4.4 3.1 7.7 9 17.6 1.2 1.5 4.2 1.6 20.8 21.6 30.6 38.8 31.4 4.6 <0.5 <0.5 <0.5 <0.5 3.7 <0.5 12.9 7.2 <0.5 <0.5 <0.5 1.9 0.6 <0.5 <0.5 <0.5 1 3.8 1.9 0.9 1.6 1.1 1.1 1.9 1.6 <0.5 164 78.6 >500.0 194 77.6 155	121409 116341 100460 127751 89453 87713 74812 27593 32000 95525 94622 122057 132205 98265 125366 110800 100806 132610 95933 89759 75885 50352 81109 77984 92600 101654 109919 117520 120212 125300 107224 105656 71058 95628 77743 69868 80568 137616 146355 134261 145600 118400 116800 116414 115520 82905 99293 88966 97128 119450 125574 119640 48751 37591 10509 48926 54981 25220	363 472 396 24 <10 201 61 <10 13 19 50 89 104 37 48 25 216 205 178 115 157 307 458 309 231 188 107 17 <10 <10 71 54 88 144 13 17 34 89 43 26 25 36 46 68 111 63 52 68 36 34 70 <10 1134 185 232 342 200 285	402 383 944 729 253 456 416 122 116 404 262 204 177 155 424 >500 1528 1803 3039 2733 236 207 218 192 149 1588 879 341 286 419 170 936 292 345 1492 989 977 375 485 1974 1476 1535 1446 366 290 249 335 274 290 296 478 256 290 138 299 400 327 428	<5 <5 <5 <5 <5 <5 <5 <5 10 24 24 26 24 33 21 15 23 <5 <5 <5 24 12 6 15 17 <5 <5 <5 <5 <5 <5 <5 8 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	279 273 431 332 599 759 709 202 153 274 451 199 222 140 160 298 617 1194 453 543 147 216 147 130 201 350 1486 1225 546 385 276 257 127 191 360 458 309 350 346 289 329 286 259 188 183 142 213 105 110 156 361 1088 154 130 72 112 129 113	102 129 41.4 0.7 <0.5 <0.5 14.2 <0.5 <0.5 <0.5 <0.5 0.6 <0.5 <0.5 <0.5 <0.5 0.8 <0.5 <0.5 <0.5 78.8 41 11.5 194 9 1.8 <0.5 <0.5 <0.5 <0.5 198 22.4 435 460 31.4 42.6 49.5 250 154 102 7.5 4.1 <0.5 <0.5 <0.5 <0.5 <0.5 0.8 <0.5 0.8 0.8 0.6 714 363 338 682 139 193	25 <20 <20 73 29 26 28 20 26 30 29 85 150 55 45 37 <20 25 <20 <20 29 20 54 <20 <20 <20 23 34 46 112 45 40 22 <20 24 21 26 58 57 50 68 111 62 60 81 45 50 38 80 28 62 27 <20 <20 <20 <20 <20 <20	1 2 <1 24 30 <1 <1 3 4 18 7 14 18 6 13 6 <1 <1 <1 <1 60 12 30 25 28 <1 1 <1 1 2 5 6 9 <1 <1 <1 <1 <1 <1 <1 <1 <1 1 1 <1 4 7 14 8 9 5 <1 32 20 13 23 34 16	6 7 6 156 163 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 7 24 11 <5 <5 <5 <5 <5 6 <5 5 <5 9 <5 <5 <5 <5 <5 <5 <5 <5 8 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 59 43 16 53 52 29	348 383 780 448 215 2269 4016 >20000 >20000 >20000 >20000 1383 1281 >20000 >20000 >20000 4075 1077 1085 829 >20000 >20000 >20000 >20000 >20000 898 182 59 49 122 1276 108 10574 1105 65 93 74 1053 418 404 1854 356 774 5940 4234 1778 8540 5399 880 2839 2785 139 8973 6312 >20000 18624 5687 >20000	3.13 3.12 3.05 10.3 5.63 8.16 5.01 8.63 10.8 23 19.8 15.6 16 20 15.6 10.2 21.1 8.62 7.76 6.14 22.6 14.9 22.2 20 19.6 7.46 12.2 8.94 8.18 3.54 7.52 4.59 27.9 16.4 2.56 2.51 3.07 7.87 5.94 4.2 6.34 7.87 10 17.1 17.1 19.4 17.6 23.8 22.8 17.1 12.7 9.88 13.4 5.93 17.5 14.8 10.6 19.9	39320 39119 43541 31461 19746 27878 28514 9352 10888 33295 31344 40262 43834 32978 42736 50606 32731 21162 21219 23400 23872 17361 28998 28098 32256 24020 16503 5696 4532 6505 34493 34950 25112 34239 22055 21516 24967 49916 56546 34161 30955 39034 37431 35160 35394 27421 31408 31337 30303 39270 48004 6323 19332 14292 4047 19768 20958 9321	<20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 35 62 26 <20 <20 <20 <20 <20 <20 <20 <20 25 <20 <20 <20 <20 <20 22 47 <20 <20 <20 <20 <20 <20 <20 21 20 <20 25 43 23 23 31 <20 20 <20 38 <20 24 <20 <20 <20 <20 <20 <20 <20	<1 <1 <1 36 22 1 1 3 2 <1 2 <1 <1 <1 <1 <1 <1 12 <1 5 <1 <1 1 <1 <1 2 6 6 10 6 1 4 <1 <1 6 4 4 7 10 17 37 25 25 <1 <1 <1 <1 <1 <1 <1 <1 12 1 3 1 <1 1 <1	3815 4070 3408 23258 20012 3021 2856 651 736 1417 1726 1575 1506 1751 1698 2147 2122 12617 2371 5895 1710 740 1213 1002 1266 3628 4690 2510 3149 3148 1220 1198 865 1122 8028 4954 5262 9946 12263 17523 35664 26929 24101 1693 1508 1407 1489 1526 1872 2043 2494 1734 2346 1708 526 2362 2644 1495	66 46 44 5832 2310 274 71 82 88 51 69 31 46 43 54 15 33 64 29 28 88 68 271 65 48 21 492 106 161 113 69 47 28 84 60 57 73 64 83 74 107 69 75 30 50 37 63 20 49 25 44 147 105 68 134 96 60 65	22 32 25 26 <2 <2 2 32 41 58 59 42 58 77 30 139 430 87 51 23 392 193 85 149 130 18 15 <2 <2 <2 31 27 96 44 9 17 18 47 54 27 60 49 29 55 17 23 17 11 17 5 6 <2 116 90 77 69 29 88

Sample	Au1 ppm	Au2 ppm	Au3 ppm	Au4 ppm	Ag ppm	Al ppm	As ppm	Ba ppm	Bi ppm	Ca ppm	Cd ppm	Ce ppm	Co ppm	Cr ppm	Cu ppm	Fe %	K ppm	La ppm	Li ppm	Mg ppm	Mn ppm	Mo ppm
NK19_T19 10-11 NK19_T19 11-12 NK19_T19 12-13 NK19_T19 13-14 NK19_T19 14-15 NK19_T19 15-16 NK19_T19 16-17 NK19_T19 17-18 NK19_T2- 0-2 NK19_T2- 13-14 NK19_T2- 14-15 NK19_T2- 15-16 NK19_T2- 16-17 NK19_T2- 17-18 NK19_T2- 18-19 NK19_T2- 19-20 NK19_T2- 2-4 NK19_T2- 20-21 NK19_T2- 21-22 NK19_T2- 22-23 NK19_T2- 23-24 NK19_T2- 24-25 NK19_T2- 25-30 NK19_T2- 45-50 NK19-T1-120-121 NK19-T1-121-122 NK19-T1-136-137 NK19-T1-139-140 NK19-T4-24-25 NK19-T4-26-27 NK19-T4-28-29 NK19-T4-29-30 NK19-T4-30-31 NK19-T4-31-32 NK19-T4-48-49 NK19-T4-49-50 NK19-T4-50-51 NK19-T4-51-52 NK19-T4-52-53 NK19-T4-53-54 NK19-T4-54-55 NK19-T4-55-56 NK19-T4-56-57 NK19-T4-57-58 NK19-T4-58-59 NK19-T4-59-60 NK19-T4-60-61 NK19-T4-61-62 NK19-T4-62-63 NK19-T5-10-11 NK19-T5-11-12 NK19-T5-12-13 NK19-T5-13-14 NK19-T5-14-15 NK19-T5-15-16 NK19-T5-16-17 NK19-T5-17-18 NK19-T5-18-19	0.03 0.016 0.019 0.016 0.013 0.016 0.013 0.014 0.404 0.056 0.236 0.455 0.715 0.155 0.43 0.258 0.314 0.188 0.315 0.239 0.188 0.069 0.056 0.009 0.054 0.107 0.012 0.009 0.385 0.041 0.02 0.021 0.031 0.026 0.023 0.066 0.093 0.123 0.073 0.076 0.092 0.083 0.1 0.215 0.128 0.038 0.025 0.018 0.37 0.02 0.025 0.017 0.019 0.034 0.106 0.082 0.183 0.166	0.229 0.027 0.074 0.17		0.173 0.074 0.174	1.1 1.5 2.8 1.1 2 <0.5 0.7 0.6 136 7.6 60.7 89 122 47.1 111 16 10.3 80.2 101 67.6 52.5 <0.5 1.8 <0.5 1.9 6.8 2.1 2.9 >500.0 8.6 4.2 2.7 2.9 3.3 3.5 7.2 13.5 13 7.5 5.1 6.9 28.8 14.5 103 36.1 13 2.1 64.1 >500.0 8.6 1.1 2.2 1.4 5.9 7.5 11.6 24.6 53.8	47116 54847 58146 66056 62309 57241 62020 61014 32780 63116 8133 6473 14272 85533 24358 53867 68450 54742 36684 57275 75100 142676 110463 121239 65822 83432 114407 94625 113587 116131 >150000 >150000 >150000 >150000 >150000 141816 146961 113617 130753 149827 >150000 60112 92734 36315 68251 78360 117763 90128 51689 119085 30960 94306 45868 145841 134227 119700 124239 100314	11 16 20 <10 <10 <10 <10 <10 2892 112 167 206 418 160 363 356 643 214 536 386 316 116 118 <10 57 201 17 18 296 82 191 140 128 166 447 238 332 468 494 402 577 156 149 371 212 62 71 99 447 77 193 44 53 116 326 263 367 322	204 206 209 238 128 110 99 73 32105 50 32 42 64 49 29 794 70303 25 30 29 59 3091 1803 182 600 674 554 447 4021 1337 1560 1675 2511 2509 542 848 1048 702 535 922 914 338 1029 >5000 1127 888 2180 875 563 354 123 558 863 433 481 414 401 335	<5 <5 <5 <5 <5 <5 <5 <5 <5 <5 41 36 40 10 23 <5 <5 17 5 5 <5 <5 <5 <5 <5 <5 <5 <5 21 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	712 702 578 659 437 368 370 338 118 177 60 <50 <50 126 <50 459 279 50 <50 235 278 1222 643 670 878 757 265 1583 294 320 1119 1143 1044 1101 1640 399 1750 516 1030 793 1060 204 147 202 138 718 859 1227 235 340 122 119 267 106 150 180 126 114	1 <0.5 <0.5 <0.5 2.9 0.8 <0.5 <0.5 1.7 1118 324 330 28.4 236 1465 61.6 <0.5 419 348 630 921 1.2 <0.5 1.2 8.7 29.6 56.2 3.9 17.6 4.5 95.1 196 161 122 87.5 68.6 98.7 165 119 181 208 166 1211 1591 593 65 1.2 124 343 16.7 <0.5 8.8 <0.5 178 73.6 <0.5 <0.5 73.8	<20 <20 21 20 23 <20 23 26 <20 <20 <20 <20 <20 21 <20 <20 <20 <20 <20 <20 <20 36 26 <20 <20 <20 <20 <20 <20 23 51 51 54 52 22 55 34 35 28 32 31 24 <20 <20 <20 29 21 <20 <20 23 <20 21 <20 45 22 <20 <20 <20	1 2 2 2 2 1 2 2 4 7 12 30 44 11 12 5 <1 18 14 15 12 <1 <1 34 <1 <1 39 7 1 <1 1 1 2 1 3 2 3 3 3 4 4 12 4 2 1 7 <1 3 <1 2 3 2 3 5 <1 <1 <1 2	6 8 <5 <5 <5 <5 14 <5 24 19 <5 <5 13 7 10 27 60 9 10 10 10 11 <5 209 6 7 69 68 18 13 5 <5 <5 <5 <5 8 6 11 6 <5 <5 <5 21 19 30 6 16 <5 16 <5 <5 7 6 10 12 24 26 37	228 200 1028 717 86 46 53 44 3317 3911 >20000 >20000 15990 >20000 >20000 9496 401 >20000 >20000 >20000 >20000 1205 1965 2040 594 747 1248 403 8141 1874 505 439 243 227 104 1189 442 784 638 236 355 13209 995 3897 1276 1000 154 855 16791 4536 1160 380 679 8613 5555 388 352 2649	1.76 2.26 2.98 1.98 2.05 1.75 1.8 1.66 39.4 5.7 34.7 37.4 45.8 20.8 19.3 40.1 13.5 26.2 30.9 23.1 18.2 13.5 25.9 10.6 3.98 7.1 9.22 7.06 11.5 5.6 4.17 3.65 3.46 3.55 5.92 8.87 8.59 7.71 8.75 8.68 9.41 9.32 3.91 2.56 3.56 4.39 7.84 4.48 3.51 11.2 7.28 5.91 3.46 7.4 7.35 8.5 9.25 10.4	11857 15122 15401 12927 8644 6130 5486 3946 8377 22500 2175 1886 3946 29561 8375 11886 21581 19357 12402 19803 25911 34129 31921 2818 21309 28238 37699 27222 35834 36077 40205 46843 42326 45731 13086 47916 30402 38267 36853 26279 20946 19673 31960 11803 22907 24154 19269 25352 16262 43770 11031 33085 15666 60163 47016 43599 44706 34436	<20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20	5 5 6 6 17 17 21 23 <1 <1 1 <1 <1 <1 <1 <1 <1 <1 1 1 <1 <1 1 25 3 2 3 4 2 3 16 5 10 6 55 <1 28 1 10 27 31 3 <1 1 <1 1 11 6 1 <1 <1 <1 <1 <1 <1 <1 <1 <1	8414 8317 9405 10003 19469 20333 22339 23541 554 1554 299 296 387 895 402 1100 1086 746 571 674 767 1241 924 8814 2492 3146 6802 4282 2136 2294 13687 6554 11006 7805 44054 1329 20554 2324 7731 24291 27232 1075 2447 858 1726 1842 8675 5461 1041 2439 678 1510 965 2771 2613 2351 2107 1865	149 154 116 119 168 184 133 172 20 155 46 89 33 81 116 223 27 59 109 101 110 14 16 4715 51 79 162 173 32 57 44 36 47 36 68 31 78 91 93 103 115 65 87 133 90 123 55 65 95 113 73 47 48 92 65 80 75 83	5 5 13 <2 <2 <2 <2 <2 534 25 95 204 343 169 288 158 109 174 207 153 137 81 82 <2 20 46 11 45 447 44 24 28 24 26 36 20 44 49 51 93 99 60 18 18 17 35 14 <2 25 184 19 47 90 97 46 76 62 95

Sample	Au1 ppm	Au2 ppm	Au3 ppm	Au4 ppm	Ag ppm	Al ppm	As ppm	Ba ppm	Bi ppm	Ca ppm	Cd ppm	Ce ppm	Co ppm	Cr ppm	Cu ppm	Fe %	K ppm	La ppm	Li ppm	Mg ppm	Mn ppm	Mo ppm
NK19-T5-19-20 NK19-T5-20-21 NK19-T5-21-22 NK19-T5-22-23 NK19-T5-23-24 NK19-T5-24-25 NK19-T5-25-26 NK19-T5-26-27 NK19-T5-27-28 NK19-T5-28-29 NK19-T5-29-30 NK19-T5-3-4 NK19-T5-30-31 NK19-T5-31-32 NK19-T5-32-33 NK19-T5-33-34 NK19-T5-4-5 NK19-T5-5-6 NK19-T5-6-7 NK19-T5-7-8 T12 - 2 _ 23 - 24 T12 - 2 _ 24 - 25 T12 - 2 _ 25 - 26 T12 - 2 _ 26 - 27 T12 - 2 _ 27 - 28 T12 - 2 _ 28 - 29 T12 - 3 _ 0 - 1 T12 - 3 _ 1 - 2 T12 - 3 _ 10 - 15 T12 - 3 _ 100 - 101 T12 - 3 _ 101 - 102 T12 - 3 _ 102 - 103 T12 - 3 _ 2 - 3 T12 - 3 _ 3 - 4 T12 - 3 _ 4 - 5 T12 - 3 _ 5 - 6 T12 - 3 _ 59 - 64 T12 - 3 _ 6 - 7 T12 - 3 _ 7 - 8 T12 - 3 _ 8 - 9 T12 - 3 _ 89 - 94 T12 - 3 _ 9 - 10 T12 - 3 _ 98 - 99 T12 - 3 _ 99 - 100 T14_2-62-63 T14_2-63-64 T14_2-64-65 T14_2-65-66 T14_2-66-67 T14_2-67-68 T14_2-68-69 T14_2-69-70 T14_2-72-74 T14_2-74-76	0.283 0.235 0.44 0.202 0.13 0.018 0.009 0.017 0.012 0.006 <0.005 0.014 <0.005 0.007 <0.005 0.031 0.019 0.033 0.01 0.01 <0.005 <0.005 0.008 0.013 2.2 0.008 0.012 0.008 0.028 0.068 0.083 0.044 0.02 0.011 0.007 <0.005 0.024 <0.005 <0.005 0.023 0.066 0.015 0.09 0.197 0.257 0.81 0.423 0.497 0.261 1.02 0.376 1.03 0.031 0.458	0.46 0.017 2.28 0.019 0.072 0.83		0.031 0.018	60.1 113 160 56.6 27.6 17.5 10.3 9.7 8 3 9.4 10.5 1.9 8.7 8.2 15.6 76.3 108 0.8 2.6 <0.5 <0.5 <0.5 233 495 0.8 <0.5 <0.5 <0.5 8.5 <0.5 <0.5 1.2 <0.5 1.6 4.5 2.5 2.1 0.5 <0.5 9.4 <0.5 4.3 6.4 23.9 253 67.8 59.9 60.7 156 92.4 184 1.6 155	89095 85601 61443 79605 98218 104787 83742 88805 80277 76093 71872 134593 81123 72656 74578 59754 9657 41892 104985 39778 100813 47197 55452 39580 32417 113035 82177 92538 78632 118809 58741 45561 63302 65935 47311 47845 105693 49734 101040 101089 61086 105153 73888 96336 76981 21264 91171 83891 41195 78490 54681 84583 67261 76759	553 385 1086 666 623 374 158 1354 485 129 234 40 17 116 152 240 <10 20 12 16 <10 52 56 1130 1365 49 107 119 29 231 149 53 128 441 110 23 197 31 51 59 84 48 298 80 370 213 421 986 209 377 334 425 17 149	286 269 309 303 485 4111 >5000 359 552 1896 4153 2493 603 547 799 343 71 75 608 368 447 808 1379 99 111 691 1496 2967 693 556 845 777 774 1004 989 621 1593 601 1006 855 1009 305 1310 850 419 122 258 268 276 172 3330 456 4311 4924	5 9 7 6 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 18 14 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	95 88 80 153 139 309 508 263 426 461 555 287 491 362 309 331 106 104 196 129 393 252 312 92 102 597 378 388 245 135 151 310 216 220 237 207 1562 190 572 834 163 561 139 196 266 106 144 82 171 123 177 213 469 424	698 832 499 561 197 5 1.7 14.1 8 7.3 3 1 31.8 9.1 2.8 18.2 3.8 4.4 12 0.7 <0.5 <0.5 <0.5 199 26.6 <0.5 <0.5 <0.5 <0.5 15.8 <0.5 <0.5 2.9 <0.5 <0.5 0.8 15.1 44.7 <0.5 <0.5 1.2 <0.5 46.7 32.4 48.1 47.5 306 156 32.1 364 7 26 <0.5 1.9	<20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 23 <20 <20 23 <20 <20 42 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20	7 9 15 11 6 1 <1 2 <1 <1 <1 2 <1 2 2 2 9 6 2 <1 16 2 4 27 39 21 27 29 16 32 23 2 15 5 1 13 20 16 41 153 3 20 6 15 45 16 40 49 12 37 5 14 33 7	35 42 28 33 36 30 26 36 28 23 8 6 15 9 8 9 <5 8 7 5 11 23 28 43 41 15 40 32 16 53 29 20 37 31 25 22 42 16 38 22 29 18 42 42 80 30 98 95 42 95 82 87 43 79	8875 21565 19629 9529 4062 1670 156 566 143 98 608 8855 206 327 451 735 269647 151998 1915 406 503 715 520 2303 5977 1306 1068 816 708 609 109 699 1078 843 622 975 640 632 2032 1221 257 592 1306 1977 2553 >20000 7308 2491 2786 10561 576 2405 427 609	6.33 7.06 11.5 6.59 5.44 3.09 3.81 5.8 3.99 3.39 6.12 9.9 2.92 5.09 4.83 6.36 29 19.9 4.61 4.46 7.1 6.98 6.2 21.2 28.8 12 8.43 6.89 7.41 11 5.44 6.76 7.07 8.36 8.27 7.6 8.53 7.64 22 12.6 4.08 9.12 7.08 7.2 12.9 30.7 9.62 14.5 7.35 10.1 9.79 10.3 8.96 5.65	31778 30278 21916 28058 37629 35971 27720 30287 29863 25625 24466 45858 27031 25349 26628 21613 3684 14102 37415 13499 7132 15940 15160 14433 12138 9897 13801 18964 11224 44508 20133 15449 11496 19121 18671 13365 25494 10686 20126 14396 25547 9827 30660 34607 29479 8362 36424 32061 16654 31129 21394 32361 11923 29602	<20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20 <20	<1 <1 <1 <1 <1 <1 <1 <1 <1 <1 <1 <1 <1 1 <1 1 <1 <1 <1 <1 8 1 4 <1 <1 2 5 2 6 1 2 2 4 2 2 2 3 4 1 4 1 10 1 <1 2 <1 1 <1 3 <1 <1 <1 4 1	2059 1873 1529 1990 2457 3001 2550 2597 2509 2459 2348 2343 2445 2456 2800 2458 325 967 1853 799 5865 2073 4991 1068 1099 1461 13058 5758 7184 6113 4867 2079 11924 2570 1775 7427 4983 17001 2816 4392 3078 6429 3777 5124 3371 1250 4345 4615 1918 3543 2313 3394 18270 2244	97 93 141 117 110 66 55 84 65 67 76 30 69 174 153 282 88 53 43 51 1083 199 289 198 337 1824 2632 3352 853 85 590 190 1146 472 189 469 1512 994 2970 6046 68 1489 87 97 178 105 106 108 99 166 73 300 6829 131	100 146 183 138 114 25 18 31 15 3 3 38 <2 9 10 27 11 68 12 25 2 58 12 74 97 3 22 17 15 59 16 59 20 33 33 88 43 216 100 120 14 182 38 57 48 13 36 41 42 35 36 44 3 29

Sample	Na ppm	Ni ppm	P ppm	Pb ppm	S ppm	Sb ppm	Sc ppm	Sn ppm	Sr ppm	Te ppm	Ti ppm	Tl ppm	V ppm	W ppm	Zn ppm	Cu ppm	S %	Zn ppm
NK19_T1 A -11-12 NK19_T1 A -12-13 NK19_T1 A -13-14 NK19_T1- 100-102 NK19_T1- 102-104 NK19_T1- 108-110 NK19_T1- 116-117 NK19_T1- 35-36M NK19_T1- 36-37M NK19_T1- 37-38M NK19_T1- 38-39M NK19_T1- 39-40M NK19_T1- 40-41M NK19_T1- 41-42M NK19_T1- 42-43M NK19_T1- 43-44M NK19_T1- 47-48 NK19_T1- 48-49 NK19_T1- 49-50 NK19_T1- 50-51 NK19_T1- 51-52 NK19_T1- 52-53 NK19_T1- 53-54 NK19_T1- 54-55 NK19_T1- 55-56 NK19_T1- 56-57 NK19_T1- 68-70 NK19_T1- 70-72 NK19_T1- 72-74 NK19_T1- 74-75 NK19_T1- 75-76 NK19_T1- 76-77 NK19_T1- 77-78 NK19_T1- 78-79 NK19_T1- 79-80 NK19_T1- 80-81 NK19_T1- 81-82 NK19_T1- 82-83 NK19_T1- 83-84 NK19_T1- 84-85 NK19_T1- 85-86 NK19_T1- 86-87 NK19_T1- 87-88 NK19_T1- 88-89 NK19_T1- 89-90 NK19_T1- 90-91 NK19_T1- 91-92 NK19_T1- 92-93 NK19_T1- 93-94 NK19_T1- 94-95 NK19_T1- 95-96 NK19_T1- 96-97 NK19_T14-2B 0-1 NK19_T14-2B 1-2 NK19_T14-2B 2-3 NK19_T14-2B 3-4 NK19_T14-2B 4-5 NK19_T14-2B 5-6	3109 2807 2531 686 408 1572 1235 613 729 2495 2485 2866 3147 2234 2891 3474 2411 2485 2254 2010 1738 1199 1922 1825 2246 2386 4568 4816 2814 4234 2805 2682 1807 2217 1323 1441 1533 2579 2697 2267 2090 2628 2748 2855 2627 1866 2255 1951 2188 2526 3038 2379 696 594 170 658 748 373	5 9 7 55 64 5 4 2 3 4 4 3 4 4 2 3 <1 4 2 1 5 7 4 2 1 1 2 4 4 6 3 2 5 4 2 2 4 5 4 2 2 2 <1 2 1 1 2 2 2 2 2 5 38 17 21 27 27 21	<50 <50 <50 227 218 <50 <50 <50 <50 <50 53 81 127 82 <50 61 <50 68 56 60 <50 <50 <50 <50 <50 66 285 439 397 564 140 92 <50 <50 <50 <50 <50 62 61 51 91 102 64 55 72 <50 60 <50 87 <50 64 126 <50 <50 <50 <50 <50 <50	1007 1851 3010 639 147 33 99 22 21 47 61 47 54 28 36 42 73 58 71 79 169 82 131 123 73 57 135 414 238 867 166 43 505 154 26 21 33 71 73 42 26 44 37 82 60 39 39 38 39 37 48 75 >10000 3025 4888 >10000 1602 1698	43243 47961 24695 872 76 40018 38850 68770 95873 >100000 89621 >100000 >100000 >100000 >100000 76670 1130 521 434 405 >100000 >100000 >100000 >100000 >100000 5220 571 443 524 518 90035 48244 >100000 >100000 27548 28861 34719 >100000 79451 53129 65309 82366 >100000 >100000 >100000 >100000 >100000 >100000 >100000 >100000 >100000 566 >100000 86986 >100000 >100000 >100000 >100000	78 83 85 <5 <5 8 8 <5 <5 <5 <5 <5 <5 9 <5 8 12 25 40 29 20 17 18 27 23 45 13 <5 <5 <5 6 <5 10 26 <5 <5 <5 12 <5 5 <5 <5 <5 6 8 7 9 5 6 <5 7 11 70 17 70 69 12 19	11 12 10 22 25 12 8 3 3 9 8 10 10 11 12 14 12 14 11 10 8 5 6 7 7 10 11 12 12 15 9 9 5 6 8 7 8 13 14 14 17 16 16 12 11 8 9 8 9 11 14 11 22 17 6 23 25 11	6 6 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 5 5 <5 <5 <5 <5 <5 <5 8 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 6 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 7 <5 <5	45 45 40 25 23 18 12 5 6 20 22 19 22 12 16 25 24 28 23 25 11 9 11 10 16 22 62 65 40 40 26 23 13 15 17 19 16 25 28 25 23 30 31 25 19 13 14 11 14 14 26 34 82 194 55 8 76 94	6 5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 9 6 <5 15 <5 <5 <5 <5 <5 <5 11 <5 32 23 <5 <5 <5 14 10 7 6 <5 <5 9 <5 5 7 5 <5 <5 <5 <5 23 12 22 23 10 15	1383 1367 1201 1972 2894 1243 936 397 469 1294 1287 1980 1986 1737 2045 2316 1665 2171 1381 1330 1240 852 1313 1202 1283 1526 5617 6977 6075 6506 1868 1977 855 1043 928 801 912 1544 1689 1549 2133 2040 2027 1506 1438 1053 1377 1122 1325 1535 1617 5483 1684 1243 313 1597 1754 730	10 11 21 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 8 9 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 55 10 9 13 6 12	21 43 30 62 100 24 25 4 5 21 24 8 10 17 6 7 14 41 151 80 14 10 16 14 18 24 152 216 179 129 17 14 10 13 25 21 12 43 43 29 9 3 3 3 4 3 4 1 4 4 5 165 179 155 51 248 203 102	<5 <5 <5 <5 <5 <5 <5 <5 <5 <5 5 <5 <5 5 <5 <5 10 <5 <5 <5 9 7 15 15 13 <5 8 <5 <5 <5 <5 <5 13 9 <5 <5 <5 <5 <5 <5 <5 <5 <5 11 11 12 8 15 15 12 6 6 <5 <5 <5 <5 <5 <5	>20000 >20000 9530 1095 785 120 850 20 13 89 56 29 79 67 87 65 73 247 143 159 18854 8079 3192 >20000 2714 808 961 677 877 1773 >20000 168 8756 >20000 3339 7049 8737 >20000 >20000 18072 1442 500 260 264 183 63 94 42 125 26 30 513 >20000 >20000 >20000 >20000 >20000 >20000	31196 35632 37327 27823 31693 32874 34684 55083 57957 46147 61390 66093 751	22.02 14.89 16.12 12.28 15.79 26.17 15.66 25.13 24.4 15.59 30.64 22.56 10.86 10.13 18.66 18.16 21 18.55 25.68 22.18 17.18 13.31 67419 26920	26018 34326 55490 25851 99209 49950 30684 15239 10231

Sample	Na ppm	Ni ppm	P ppm	Pb ppm	S ppm	Sb ppm	Sc ppm	Sn ppm	Sr ppm	Te ppm	Ti ppm	Tl ppm	V ppm	W ppm	Zn ppm	Cu ppm	S %	Zn ppm
NK19_T19 10-11 NK19_T19 11-12 NK19_T19 12-13 NK19_T19 13-14 NK19_T19 14-15 NK19_T19 15-16 NK19_T19 16-17 NK19_T19 17-18 NK19_T2- 0-2 NK19_T2- 13-14 NK19_T2- 14-15 NK19_T2- 15-16 NK19_T2- 16-17 NK19_T2- 17-18 NK19_T2- 18-19 NK19_T2- 19-20 NK19_T2- 2-4 NK19_T2- 20-21 NK19_T2- 21-22 NK19_T2- 22-23 NK19_T2- 23-24 NK19_T2- 24-25 NK19_T2- 25-30 NK19_T2- 45-50 NK19-T1-120-121 NK19-T1-121-122 NK19-T1-136-137 NK19-T1-139-140 NK19-T4-24-25 NK19-T4-26-27 NK19-T4-28-29 NK19-T4-29-30 NK19-T4-30-31 NK19-T4-31-32 NK19-T4-48-49 NK19-T4-49-50 NK19-T4-50-51 NK19-T4-51-52 NK19-T4-52-53 NK19-T4-53-54 NK19-T4-54-55 NK19-T4-55-56 NK19-T4-56-57 NK19-T4-57-58 NK19-T4-58-59 NK19-T4-59-60 NK19-T4-60-61 NK19-T4-61-62 NK19-T4-62-63 NK19-T5-10-11 NK19-T5-11-12 NK19-T5-12-13 NK19-T5-13-14 NK19-T5-14-15 NK19-T5-15-16 NK19-T5-16-17 NK19-T5-17-18 NK19-T5-18-19	889 1012 1042 1200 614 482 481 396 570 1363 116 110 227 1921 540 1029 1706 1321 815 1348 1838 3271 2443 997 2163 2422 1850 2402 3138 2983 4266 4606 4144 4512 4195 3647 3872 3160 3586 4331 3899 1681 2325 891 1717 2670 3739 2800 1246 3607 780 2374 1236 3673 3451 3056 3244 2377	2 3 2 3 1 2 2 2 1 41 11 38 27 26 71 7 2 30 55 39 31 2 2 35 1 4 35 9 2 9 4 4 3 3 5 8 8 7 8 18 8 9 33 18 29 99 2 25 11 11 1 5 9 18 14 22 21 23	<50 <50 <50 <50 51 <50 <50 <50 <50 74 <50 <50 52 56 <50 60 93 <50 <50 <50 <50 88 <50 670 <50 <50 <50 56 82 116 115 118 122 117 114 142 122 99 100 122 114 95 <50 <50 62 207 350 <50 <50 <50 <50 65 <50 66 59 <50 <50 <50	35 30 39 37 15 9 31 28 1412 1636 396 209 239 192 373 307 541 356 313 289 299 77 101 261 18 107 73 31 434 64 1934 3878 2120 2093 188 166 198 755 248 421 523 747 7639 1152 >10000 >10000 468 4089 >10000 48 22 45 22 747 394 118 140 464	6330 5872 15072 9165 9090 5980 7940 10875 8300 >100000 >100000 >100000 >100000 >100000 >100000 45716 1747 >100000 >100000 >100000 >100000 2291 1253 2200 10095 66678 97537 16312 16370 33790 45660 41485 36042 40379 67285 >100000 >100000 82067 >100000 >100000 >100000 >100000 69877 >100000 73467 47110 822 47230 83784 >100000 76955 40300 20716 86403 84059 89480 >100000 99585	<5 <5 <5 <5 <5 <5 <5 <5 2046 59 72 57 99 50 219 213 623 97 183 101 95 29 27 6 <5 14 8 <5 329 14 25 20 22 20 33 10 55 44 43 34 50 24 26 640 40 18 16 29 388 <5 12 <5 10 56 37 19 32 38	11 12 13 14 13 12 13 13 5 8 <1 <1 <1 7 3 8 7 4 4 4 5 11 9 60 7 10 48 26 15 15 16 17 16 17 17 13 17 13 14 16 15 7 11 3 7 12 21 23 5 15 3 12 5 15 13 12 13 9	<5 <5 <5 <5 <5 <5 <5 <5 8 <5 6 5 7 6 <5 <5 5 6 9 5 6 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 9 <5 6 <5 10 8 <5 <5 <5 <5 <5 <5 <5 <5 <5 5 <5 <5 <5 <5 <5 8 6 7	13 14 13 15 9 8 8 7 270 94 16 3 3 13 4 11 641 9 5 10 13 33 19 11 32 31 14 33 127 25 58 59 62 62 127 47 99 36 60 96 103 14 48 149 55 53 59 52 149 34 6 17 13 17 20 16 17 47	<5 <5 <5 <5 <5 <5 <5 <5 6 19 48 86 100 43 93 28 <5 62 67 62 46 9 12 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 5 5 <5 7 <5 <5 7 12 32 12 5 <5 <5 13 5 <5 <5 <5 <5 <5 6 <5 <5	635 672 793 810 764 687 785 788 897 914 178 185 298 1167 567 932 902 752 792 908 963 1797 1464 6404 917 1368 6685 3109 2090 2013 1884 1843 1897 1854 1834 1830 2026 1497 1558 1821 1731 952 1416 418 763 1071 3141 1282 693 1683 378 1225 616 1893 1673 1496 1674 1221	<5 <5 <5 <5 <5 <5 <5 <5 <5 7 <5 <5 <5 6 6 <5 <5 <5 6 10 9 <5 <5 <5 <5 <5 <5 <5 <5 <5 6 6 7 8 33 <5 32 50 35 39 54 <5 12 7 13 9 <5 <5 10 <5 9 <5 <5 6 10 22 36 17	3 4 2 2 2 2 2 2 380 174 26 32 156 62 69 129 605 82 74 79 50 62 21 228 74 90 232 261 80 88 91 75 63 57 9 48 35 40 32 43 22 16 134 91 159 62 105 16 56 30 4 41 23 60 66 129 132 172	<5 <5 <5 <5 <5 <5 <5 <5 6 <5 23 27 35 16 14 35 <5 26 28 24 19 9 17 7 <5 <5 <5 <5 <5 <5 6 6 5 <5 5 <5 5 <5 <5 <5 <5 <5 5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	270 78 108 187 934 383 123 127 1529 >20000 >20000 >20000 6777 >20000 >20000 10795 502 >20000 >20000 >20000 >20000 692 471 1081 1738 5508 3301 463 5114 1299 2110 3232 2409 3078 3470 15549 12601 10239 >20000 8612 11370 >20000 >20000 >20000 >20000 13471 1030 2486 >20000 3902 17 401 22 8021 4910 132 55 11512	73409 56236 47649 70773 58858 57471 36686 23815 1258 1172	11.79 40.27 44.93 36.27 25.43 35.72 33.41 37.38 30.68 27.01 <50 <50 <50 <50 <50 <50	140551 82730 79811 37303 261847 59867 64481 112445 138211 4854 14.66 11.57

Sample	Na ppm	Ni ppm	P ppm	Pb ppm	S ppm	Sb ppm	Sc ppm	Sn ppm	Sr ppm	Te ppm	Ti ppm	Tl ppm	V ppm	W ppm	Zn ppm	Cu ppm	S %	Zn ppm
NK19-T5-19-20 NK19-T5-20-21 NK19-T5-21-22 NK19-T5-22-23 NK19-T5-23-24 NK19-T5-24-25 NK19-T5-25-26 NK19-T5-26-27 NK19-T5-27-28 NK19-T5-28-29 NK19-T5-29-30 NK19-T5-3-4 NK19-T5-30-31 NK19-T5-31-32 NK19-T5-32-33 NK19-T5-33-34 NK19-T5-4-5 NK19-T5-5-6 NK19-T5-6-7 NK19-T5-7-8 T12 - 2 _ 23 - 24 T12 - 2 _ 24 - 25 T12 - 2 _ 25 - 26 T12 - 2 _ 26 - 27 T12 - 2 _ 27 - 28 T12 - 2 _ 28 - 29 T12 - 3 _ 0 - 1 T12 - 3 _ 1 - 2 T12 - 3 _ 10 - 15 T12 - 3 _ 100 - 101 T12 - 3 _ 101 - 102 T12 - 3 _ 102 - 103 T12 - 3 _ 2 - 3 T12 - 3 _ 3 - 4 T12 - 3 _ 4 - 5 T12 - 3 _ 5 - 6 T12 - 3 _ 59 - 64 T12 - 3 _ 6 - 7 T12 - 3 _ 7 - 8 T12 - 3 _ 8 - 9 T12 - 3 _ 89 - 94 T12 - 3 _ 9 - 10 T12 - 3 _ 98 - 99 T12 - 3 _ 99 - 100 T14_2-62-63 T14_2-63-64 T14_2-64-65 T14_2-65-66 T14_2-66-67 T14_2-67-68 T14_2-68-69 T14_2-69-70 T14_2-72-74 T14_2-74-76	2117 2089 1557 2179 2651 3217 2296 2703 2458 2250 1976 4144 2480 1956 1898 1471 288 988 2549 993 585 582 571 711 620 521 665 1005 708 1424 711 604 488 734 684 492 1530 409 716 658 855 2620 1008 1081 1314 321 1383 1171 713 1322 1010 1234 544 1465	28 24 34 37 42 10 3 25 14 7 6 2 9 41 29 40 6 4 3 4 11 3 3 45 61 10 9 7 11 25 5 2 10 3 2 8 13 12 9 7 3 6 6 14 37 19 35 55 10 32 2 7 35 4	<50 <50 <50 <50 <50 <50 <50 <50 <50 <50 <50 59 <50 <50 <50 53 <50 <50 57 <50 216 55 <50 <50 <50 261 340 314 150 <50 52 57 157 72 <50 145 134 93 419 451 <50 72 <50 57 69 <50 <50 <50 <50 <50 <50 88 123 <50	2069 2394 817 1512 934 409 147 1794 272 386 438 44 338 938 605 2092 28 28 24 18 78 37 31 3311 2146 63 507 705 100 472 67 35 154 72 40 25 674 32 130 303 164 76 2556 747 563 1362 2946 2371 605 7910 461 5300 528 772	85255 81268 >100000 91368 62835 11018 3321 60285 23972 9980 10188 15612 23727 36067 27798 67335 >100000 >100000 49218 13256 170 260 423 555 238 156 184 50849 1422 261 8804 390 622 22448 16697 31356 879 360 5974 244 13722 31734 67108 >100000 >100000 >100000 42482 >100000 3431 22832 444 3167	97 138 261 120 58 29 18 65 51 15 48 7 11 32 26 32 8 <5 <5 <5 <5 <5 <5 48 62 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 7 <5 <5 <5 <5 <5 7 <5 12 11 21 83 12 21 30 33 20 6	7 7 6 8 10 10 10 8 8 8 9 17 8 9 9 7 <1 5 13 5 36 20 27 16 13 67 39 35 31 55 30 20 29 31 20 22 43 21 49 50 26 38 34 46 35 11 43 39 18 36 29 42 25 36	6 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 12 12 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	55 19 86 40 28 60 43 39 42 40 33 42 48 29 25 20 2 6 16 8 10 7 10 200 137 9 12 17 10 11 7 8 8 8 7 7 23 7 14 18 7 21 8 10 70 94 97 58 213 256 642 227 24 530	8 10 9 9 5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 16 7 5 <5 <5 <5 <5 5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 6 14 12 10 <5 11 <5 6 <5 <5	1073 1088 1005 1101 1246 1375 999 1098 933 863 964 1876 904 930 948 713 249 623 1498 543 4287 1566 1986 1657 2070 7474 2745 2751 3178 4034 2301 1530 1985 2240 1605 1616 3928 1561 4240 4065 2150 3790 2721 3394 2925 799 3253 2838 1476 3024 2157 3217 1948 2623	41 17 64 58 49 20 9 51 28 5 <5 <5 <5 9 <5 8 <5 <5 <5 <5 <5 <5 <5 71 84 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 10 <5 15 44 6 19 <5 16 7 <5	177 195 146 184 230 172 158 189 173 122 75 46 73 67 57 76 <1 19 55 18 131 193 313 200 177 394 273 201 154 390 209 202 214 272 254 199 249 188 443 324 150 163 218 324 276 100 333 336 169 324 311 332 254 359	<5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 7 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5 <5	37670 43851 29257 37845 18627 1233 395 3601 1963 854 479 297 3516 1359 667 1399 1145 971 2567 229 1026 198 259 7146 298 547 413 1159 2658 167 190 971 281 116 374 2429 1615 747 941 308 807 5114 4859 5185 9150 >20000 >20000 3139 >20000 1188 5367 2191 457	4550 22.28 30.5 53298	21565 19629 269647 151998 21907 34.82 11.66 16.46 10.68	13.43 29.61 18.97 41119 22430 36074

APPENDIX 2

JORC Table 1

JORC Code, 2012 Edition – Table 1 Nakru Trenching October-November 2019

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
Sampling	• Nature and quality of sampling (e.g. cut channels, random chips, or	•Trench Samples – sampling was conducted at intervals defined by
techniques	specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma	the geologist’s observation of sulphides and related alteration zone. 1m interval sampling occurred in sections where sulphides and
	sondes, or handheld XRF instruments, etc). These examples should	related alteration zones were observed and 2m intervals at the
	not be taken as limiting the broad meaning of sampling.	margins of these zones. 5m intervals were collected along all other
	• Include reference to measures taken to ensure sample representivity	trench exposures where no sulphides or related alteration were
	and the appropriate calibration of any measurement tools or systems	observed.
	used.	•Each sample was labelled with trench number and the interval within
	• Aspects of the determination of mineralisation that are Material to the	which it was collected. Each sample weighed approximately 4-5kg. All
	Public Report.	samples were processed at a central camp site where they were all
	• In cases where ‘industry standard’ work has been done this would be	analysed with a handheld pXRF. Each sample was hand crushed and
	relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1	homogenized before analysis.
	m samples from which 3 kg was pulverised to produce a 30 g charge	•Samples with elevated Cu and Zn values above 1000ppm, as
	for fire assay’). In other cases more explanation may be required,	detected by the handheld pXRF, were dispatched to Intertek
	such as where there is coarse gold that has inherent sampling	Laboratory Lae to be pulverized and sub samples taken or Au fire
	problems. Unusual commodities or mineralisation types (eg	assay and 3 acid base metal assay. A significant proportion of pulp
	submarine nodules) may warrant disclosure of detailed information.	samples were sent to the Intertek laboratory in Townsville for 4 acid
		digest and analysis for 34 elements.
		•Every 20thsample, a standard or blank was inserted before sending
		to the laboratory.
		•No drilling completed during this program
Drilling	• Drill type (eg core, reverse circulation, open-hole hammer, rotary air	•No drilling conducted
techniques	blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other
	_type, whether core is oriented and if so, by what method, etc). _
Drill sample	• Method of recording and assessing core and chip sample recoveries	•No drilling conducted
recovery	and results assessed. • Measures taken to maximise sample recovery and ensure

Criteria	JORC Code explanation	Commentary
	representative nature of the samples.
	• Whether a relationship exists between sample recovery and grade
	and whether sample bias may have occurred due to preferential
	loss/gain of fine/coarse material.
Logging	• Whether core and chip samples have been geologically and	•Exposed surfaces along the trench wall were geologically logged
	geotechnically logged to a level of detail to support appropriate	using a universal code system for consistency and recorded on paper
	Mineral Resource estimation, mining studies and metallurgical	initially before being transferred to Excel and Access database shortly
	studies.	thereafter. All trench exposures where photographed in sequence
	• Whether logging is qualitative or quantitative in nature. Core (or	with overlap to maintain continuity.
	costean, channel, etc) photography.
	• The total length andpercentage of the relevant intersections logged.
Sub-	• If core, whether cut or sawn and whether quarter, half or all core	•Only trench samples were collected during this program.
sampling techniques and sample preparation	taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique.	•Sampling sizes are appropriate for the type of material being collected. 4-5 kg samples were crushed and homogenized before a representative sub-sample of 1.5-2kg size was sent for assay. A chain of custody process was followed from sample site through to dispatch with TNT couriers to the Intertek laboratory.
	• Quality control procedures adopted for all sub-sampling stages to
	maximise representivity of samples.
	• Measures taken to ensure that the sampling is representative of the in
	situ material collected, including for instance results for field
	duplicate/second-half sampling.
	• Whether sample sizes are appropriate to the grain size of the material
	being sampled.
Quality of	• The nature, quality and appropriateness of the assaying and	• Assay work was completed by a certified industry leader,
assay data and laboratory tests	laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.	Intertek, at the Lae and Townsville Laboratories following all expected QA/QC procedures • Gold assays using 50g fire assay/AAS (FA50/AA) • Multi-element – 3 acid digest (PGGA03) and/or 4 acid (ICP- OES)
	• Nature of quality control procedures adopted (eg standards, blanks,
	duplicates, external laboratory checks) and whether acceptable levels
	of accuracy (ie lack of bias) andprecision have been established.
Verification	• The verification of significant intersections by either independent or	•Trench geology mapping and sample location were all recorded by
of sampling	alternative company personnel. • The use of twinned holes.	hand and then transferred to Excel spreadsheet and ultimately into Access database and stored at head office and secure offsite cloud
	• Documentation ofprimary data, data entry procedures, data

Criteria	JORC Code explanation	Commentary
and	verification, data storage (physical and electronic) protocols.	location
assaying	• Discuss any adjustment to assay data.
Location of	• Accuracy and quality of surveys used to locate drill holes (collar and	•Survey position recorded with grid system GPS in WGS84_UTM56S
data points	down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.	format and plotted over high resolution LiDAR topography layer
	• Specification of the grid system used.
	• Quality and adequacy of topographic control.
Data	• Data spacing for reporting of Exploration Results.	•Trench spacing varied from 30m to 100m along parallel lines to follow
spacing and distribution	• 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.	the historical mapped alteration zone. This spacing has been sufficient to ascertain that the mineralisation is relatively continuous in a linear trend and sufficient extension of each trench defined the margin of mineralization and beyond.
	• Whether sample compositing has been applied.	•Samples within zones of observable mineralization were collected at
		1m intervals and outside this extended to 2m and 5m as defined by
		the geologist observations of barren zones
Orientation	• Whether the orientation of sampling achieves unbiased sampling of	•Current observations by the Coppermoly geologists suggest sampling
of data in	possible structures and the extent to which this is known, considering	is perpendicular to the mineralized trend in trench NK19_T14_2B and
relation to geological structure	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.	therefore reduced bias at this early stage of exploration. The strike direction in other trenches has been difficult to ascertain and, in some areas, may be sub-parallel to the trench direction. However, the trench containing the high-grade width of copper-zinc mineralisation
		has been determined to be close to perpendicular to strike and the
		mineralised width is estimated to be close to a true width.
Sample	• The measures taken to ensure sample security.	• All samples were carefully checked following a COC procedure
security		from each person handling them from sample site to dispatch with TNT to Intertek
Audits or	• The results of any audits or reviews of sampling techniques and data.	• No audit was conducted
reviews

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation	Commentary	Commentary	Commentary	Commentary	Commentary	Commentary
Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.	•Exploration licence, EL1043 renewal was granted by the Independent State of Papua New Guinea on 7thDecember 2018 for a 2-year period. The tenement covers 47.82 km2 (14 sub-blocks) and lies approximately 60km southeast of the town of Kimbe which is the capital of West New Britain Province. The tenement is held by Copper Quest (PNG) Ltd which is a wholly owned subsidiary of Coppermoly Limited. Barrick still have a nominal 28% interest in the licence. The tenement lies within an area owned by traditional landowners whom support the project through the government regulated warden hearing process.
Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties.	The project area has a long history of intermittent exploration since the discovery of mineralization in the 1960’s. Companies that have previous held the ground or been involved in joint ventures include; CRA, BHP- Utah, Nord Resources, Esso, City Resources, Placer, Cyprus-Amax, Macmin, Coppermoly and New Guinea Gold Ltd. Multiple drilling campaigns have been completed within the tenement and published results are available to view inprevious ASX releases.
Geology • Deposit type, geological setting and style of mineralisation.	•Copper-Zinc (+/-Gold-Silver) Rhyodacite Dome-VMS hybrid setting. Volcanic arc, calc-alkaline intrusives and volcanics. Rhyodacite is the main host of mineralization with predominantly chalcocite, chalcopyrite and sphalerite with common pyrite
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: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should	•Trench locations
		Start Location		End Location		Length
	Trench ID	Easting (WGS_UT M56S)	Northing (WGS_UTM56 S)	Easting (WGS_U TM56S)	Northing (WGS_UT M56S)	m
	NK19_T12_1 222620 9340181 222641 9340208 40 NK19_T12_2 222631 9340222 222656 9340255 29 NK19_T12_3 222616 9340266 222572 9340340 103 NK19_T13_1 222538 9340229 222548 9340291 100 NK19_T13_2 222555 9340306 222522 9340386 100

Criteria JORC Code explanation	Commentary
clearly explain why this is the case.	NK19_T14_1 222859 9340276 222817 9340281 60 NK19_T14_2 222839 9340310 222867 9340305 28 NK19_T14_3 222835 9340348 222839 9340296 55 NK19_T15_1 222748 9340166 222757 9340224 60 NK19_T15_2 222741 9340287 222738 9340254 60 NK19_T15_3 222744 9340398 222734 9340431 50 NK19_T16_1 222909 9340286 222938 9340255 50 NK19_T16_2 222938 9340327 222926 9340280 50 NK19_T17 223017 9340301 223025 9340351 50
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. • The assumptions used for any reporting of metal equivalent values should be clearly stated.	•Semi-quantitative pXRF analyses were conducted on all samples using an Olympus Vanta instrument. This was used for internal purposes to confirm presence of anomalous elements of interest, in particular Cu and Zn from which samples were selected for dispatch for assay at the laboratory. •Trench intercepts are reported above 0.1%Cu and 0.1% Zn with a maximum of 5 metres to define an average result in low grade areas. High grade intercepts are reported on a 1m basis.
Relationship between mineralisati on widths and intercept lengths • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).	•Not Applicable
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.	•Maps with location of trenches and samples within tenement context can be seen in accompanying report
Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of	•The full breadth of assay data is represented. All other intervals were analysed using a pXRF and did not record any results above 1,000ppm for Cu or Zn and therefore not dispatched for assay.

Criteria	JORC Code explanation	Commentary
	Exploration Results.
Other	• Other exploration data, if meaningful and material, should be	•Due to the nature of this site being an early stage exploration target
substantive	reported including (but not limited to): geological observations;	there is limited knowledge to present on the geology setting other
exploration data	geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics;	than that discussed in the attached press release and in geology description in this table.
	potential deleterious or contaminating substances.
Further	• The nature and scale of planned further work (e.g. tests for lateral	•A ground based electromagnetic (EM) geophysical technique has
work	extensions or depth extensions or large-scale step-out drilling).	been applied to test for extensions of the mineralisation detected in
	• Diagrams clearly highlighting the areas of possible extensions,	the trenches. Final results and interpretations are pending at the time
	including the main geological interpretations and future drilling areas,	of this announcement to the ASX.
	provided this information is not commercially sensitive.