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DART MINING NL Capital/Financing Update 2022

Aug 17, 2022

64792_rns_2022-08-17_9d575b26-e10e-412b-8d1d-804b9b367662.pdf

Capital/Financing Update

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ASX Release

18 August 2022

High Grade Au-Ag-Cu Assays from Granite Flat Rock Samples

Dart Mining NL (ASX:DTM) (“Dart Mining” or “the Company”) is pleased to announce that rock samples collected across the Granite Flat project demonstrate strong support for recent soil sampling and drilling results across the project. Rock chip and grab samples demonstrate that Cu-Au ± Ag, Zn, Pb mineralisation is coincident with the soil Cu anomalies identified in Dart Mining’s recent regional sampling program.

Highlights

  • Strong rock assay results support multiple soil geochemical anomalies identified across large footprint at Granite Flat

  • 98 rock chip samples collected, with 73% of all samples demonstrating anomalous Cu, Au, Ag, Pb, or Zn values

  • Peak chip sample results include:

  • 5m @ 6.0 g/t Au, 14.4 g/t Ag, 0.52% Cu

  • 5m @ 1.0 g/t Au, 0.9 g/t Ag, 0.21% Cu

  • 2.2m @ 2.0 g/t Au

  • 1.3m @ 2.4 g/t Au, 6.0 g/t Ag & 0.12% Cu

  • Peak grab sample results include:

  • 27.9 g/t Au, 30 g/t Ag, 2.83% Cu

  • 22.3 g/t Au, 52.2 g/t Ag, 0.74% Cu

  • 9.1 g/t Au, 23.4 g/t Ag, 6.65% Cu

  • 2.9 g/t Au, 61.9 g/t Ag, 0.21% Cu, 0.2% Mo, 0.54% Pb, 0.46% Zn

  • 16.1 g/t Au, 25 g/t Ag, 3.12% Cu

Chairman, James Chirnside commented:

“The results of regional rock chip sampling provide strong support to the sizable soil Copper and Gold anomalies identified in the recent soil sampling program, and provide further encouragement for our ongoing exploration efforts at the Granite Flat project”.

Visit our webpage: For more information, contact: Dart Mining NL www.dartmining.com.au James Chirnside, Managing Director ABN: 84 119 904 880 Find us on LinkedIn: Email: [email protected] 412 Collins Street Dart Mining NL Phone: +61 447 447 613 Melbourne VIC 3000

Page | 1

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ROCK CHIP ASSAY RESULTS

A total of 98 chip samples have been collected across the Granite Flat project to assess and characterise the mineralisation style of the project. This sampling program has yielded some rewarding results, with notable Cu, Au, and Ag ± Pb and Zn mineralisation occurring in association with soil Cu and Au anomalies (reported in DTM ASX 4 August 2022). Of the 98 samples collected, 72 samples have returned anomalous values for either Cu, Au, Ag, Pb, or Zn.

The lithology of samples varies broadly from aplitic dykes, laminated quartz, quartz breccia, granitic porphyry and altered granodiorite rock. The diversity of the mineralisation and alteration styles encountered in this surface rock sampling program also speaks to the geological complexity of this project. Fortunately, the geological mapping, geophysics, soil surveys, and drilling completed by Dart Mining over the past 18 months is working towards unravelling the story of this complex project. Due to the limited nature of outcrop available at Granite Flat, many these samples are spot (grab) samples of either float material or from mullock dumps adjacent to historic workings. The majority of these historic workings have targeted narrow, high-grade gold and copper mineralisation on discrete structures which are well resolved in LiDAR imagery, and in surface mapping (DTM ASX 15 February 2022). Additionally, mineralisation also appears to be associated with fine-grained aplitic dykes across the project area; and, in the case of the smaller As-Pb soil anomalies, rock samples are dominantly gossanous in nature.

The combination of large, coincident Cu-Au soil anomalies, in addition to satellite Pb-Zn-As soil anomalies, all of which have now demonstrated concordant mineralisation in surface rock chip and grab sampling assays has provided an abundance of targets for exploration drilling, which will see substantial revision to Dart Mining’s planned summer drill program.

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Figure 1 – Images of some of the rock chip sampling reported here, displaying the diversity of mineralisation and the associated assay grades.

Page | 2

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Figure 2 – Selected soil chip and grab sample results across the Granite Flat prospect and superimposed on the recent soil Cu results (DTM ASX 4 August 2022).

Page | 3

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Table 1 – Selected chip sample assay highlights from across the Granite Flat project. For a complete summary of all chip sample assay results, refer to Appendix 1.

Sample
No.

Easting
(MGA Z55)
Northing
(MGA Z55)

Elevation
(m)
Sample
Width
(m)
Au
(g/t)

Ag
(g/t)
Cu
(%)
Mo
(ppm)

Pb
(%)
Zn
(%)
70324 540846 5949588 575 Grab 1.8 49.0 0.14
698
0.13
0.12
70325 540853 5949599 573 Grab 0.5 20.0 0.08
451
0.10
0.07
70326 540837 5949583 570 Grab 0.1 2.3 0.59
8
0.04
0.04
70327 540846 5949593 568 Grab 2.9 61.9 0.21
1990
0.54
0.46
70328 540425 5949619 499 Grab 6.0 5.3 0.03
27
0.01
0.01
70329 540429 5949618 499 Grab 16.2
4.6
0.05
11
0.00
0.00
70330 540418 5949608 498 Grab 0.1 1.8 1.20
7
0.00
0.01
70331 540423 5949601 499 Grab 1.5 7.1 0.60
3
0.01
0.00
70350 541452 5949244 680 2.2 2.0 0.8 0.09
2
0.00
0.00
70351 541493 5949315 681 Grab 3.2 3.4 0.05
2
0.01
0.00
70352 541518 5949260 696 Grab 2.5 9.4 0.22
3
0.02
0.00
70353 541473 5949401 652 Grab 1.4 5.1 0.29
2
0.04
0.01
70356 538782 5950355 348 1.3 2.4 6.0 0.12
4
0.03
0.01
70357 538782 5950356 351 Grab 3.9 4.9 0.06
5
0.05
0.00
70358 538779 5950357 349 Grab 3.2 8.3 0.39
2
0.01
0.00
70359 538767 5950352 348 Grab 22.3
52.2
0.74
3
0.05
0.03
70362 538750 5950356 343 1.4 0.2 1.8 0.62
1
0.00
0.01
70363 538748 5950351 345 0.2 0.5 4.5 1.93
2
0.00
0.01
70371 540768 5949860 557 Grab 0.6 23.4 0.30
168
0.05
0.13
70373 540405 5950151 540 Grab 0.2 33.1 0.10
454
0.03
0.00
70374 540856 5949509 644 Grab 0.1 17.5 0.13
11
0.05
0.03
70380 539083 5950754 427 Grab 0.6 4.4 0.68
2
0.00
0.01
70381 539079 5950757 425 Grab 27.9
30.0
2.83
3
0.02
0.01
70385 540550 5950582 556 1 2.2 2.2 0.16
3
0.00
0.00
70388 541480 5949797 620 Grab 3.9 5.0 0.12
1
0.01
0.01
70389 541471 5949797 620 Grab 2.6 4.7 0.24
1
0.02
0.01
70406 540716 5950557 516 Grab 16.6
16.9
0.02
35
0.27
0.02
70407 540964 5950237 587 5 0.6 8.7 0.10
79
0.04
0.02
70414 540652 5950406 537 Grab 2.4 4.6 0.14
81
0.00
0.00
70415 540814 5950383 575 0.5 0.3 3.2 0.15
19
0.01
0.00
70466 541548 5949040 736 Grab 16.7
35.3
0.31
15
0.02
0.00
70467 541504 5949146 727 Grab 4.0 0.9 0.04
1
0.00
0.00
70468 541440 5949168 698 Grab 16.1
25.0
3.12
1
0.02
0.01
70481 542909 5950647 700 5 6.0 14.4 0.52
1
0.00
0.00
70485 542036 5951931 861 5 0.3 0.8 0.22
4
0.00
0.00
70486 542004 5951955 868 5 1.0 0.9 0.21
3
0.00
0.00
70488 541442 5949188 678 9.1 23.4 6.65
1
0.01
0.02

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PROJECT SUMMARY

The Granite Flat prospect is located nine kilometres southeast of Mitta Mitta township and is accessed via the Omeo Highway. Historically, the prospect was mined at several small production centres between 1856 and 1918, following an initial discovery identified by tracing the source of alluvial gold in the Mitta River upstream. Previous explorers have targeted the area with geophysical surveys, rock chip, soil and stream sediment sampling, and drilling and trenching. Historic soil grids have established several large, strong Cu-Au anomalies that have seen variable drilling efforts across the prospect. In total, 18 costeans, 52 reverse circulation (RC) and 19 diamond drillholes have been completed by previous explorers between 1986–1997 (Meltech Ltd., CRA Exploration [now Rio Tinto], and Perseverance Mining Ltd.). The broad intersections of low grade Cu-Au mineralisation returned in historic drilling and Dart’s recent 42 hole RAB drilling program are hosted within potassic, chlorite and epidote-altered granodiorite, further confirming the potential for porphyry-style mineralisation ( DTM ASX Release 8 March 2021 ).

Mineralised zones at Granite Flat are hosted within the Banimboola Quartz Monzodiorite (BQM). The BQM has been broadly identified as hosting a porphyry style of Cu-Au mineralisation associated with I- type granitoid and sulphide veins, with alteration varying from silicic to argillic to propylitic, with moderate to high background copper (Hesp, 1974; Bolger et al ., 1983; Ramsay & Vandenberg, 1986; Wilde, 1988). Monzonite intrusive bodies are often the host of porphyry systems in the Lachlan Fold Belt. Additionally, the Granite Flat prospect lies adjacent to the Gilmore Suture, a significant crustalscale structure that is associated with the emplacement of several porphyry Cu-Au systems across the border in New South Wales. Whilst still in the early stages of exploration, Dart Mining geologists believe that many of the geological characteristics and mineralised features of the Granite Flat prospect correspond with key elements of the porphyry exploration model.

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Figure 5 – Location of the Granite Flat Cu-Au porphyry project, Northeast Victoria.

For more information contact:

James Chirnside Peter Taylor Managing Director Investor Relations Dart Mining NL NWR Communications [email protected] [email protected] +61 447 447 613 +61 412 036 231

About Dart Mining

Dart Mining’s (ASX: DTM) objective is in exploring, evaluating, and developing, several historic goldfields, as well as validating a new porphyry province in Northeast Victoria. The area is prospective for precious, base, battery, and other strategic metals. These include Lithium, Gold, Silver, Copper, Molybdenum, Zinc, Tungsten, Tin, Tantalum, and other important minerals. Dart Mining has built a strategically important gold exploration footprint in the Central and Northeast regions of Victoria, where historic surface and alluvial gold mining proves the existence of a significant regional gold endowment.

––– END –––

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Additional JORC Information

Further details relating to the information on the Granite Flat Copper-Gold Project can be found in Dart Mining’s ASX announcements:

4[th] August 2022: “Encouraging Results from Granite Flat Survey”

26[th] May 2022: “Granite Flat Drilling Completion”

15[th] February 2022: “Granite Flat Cu-Au Diamond Drilling Update”

11[th] October 2021: “Granite Flat Diamond Drilling Update”

29[th] September 2021: “Multiple Drill Targets Identified at Granite Flat”

14[th] September 2021: “Encouraging Copper-Gold Drill Results from Granite Flat”

31[st] August 2021: “Granite Flat Geophysics Program Complete”

1[st] June 2021: “Commencement of Second Drilling Program at Granite Flat”

27[th] May 2021: “Initiation of Geophysical Surveys at Granite Flat”

11[th] May 2021: “Diamond Drilling Program for Copper-Gold Mineralisation Commences”

18[th] March 2021: “LiDAR Acquisition over Strategic Projects”

8[th] March 2021: “Granite Flat High-Grade Gold, Silver, Copper Drill Results”

7[th] December 2020: “Northeast Drilling Program Complete”

9[th] November 2020: “Commencement of Drilling Copper-Gold Mineralisation at Granite Flat”

27[th] October 2020: “Orogenic Gold and Porphyry Prospectivity, Mitta Mitta, NE Victoria”

Additional information on Dart Mining’s other recent and current exploration activities can be found in:

26[th] July 2022: “Dorchap Lithium Earn-in Agreement with SQM”

23[rd] June 2022: “Spodumene Dominant in Dorchap Lithium Project”

27[th] October 2021: “LiDAR Points Towards Increase in Lithium Pegmatites”

6[th] October 2021: “Lithium Drilling Update”

22[nd] September 2021: “Mt Elmo Goldfield Mineralisation”

20[th] July 2021: “Strategic and Technology Metals”

6[th] April 2021: “Strong Gold Mineralisation Intercepted at Rushworth”

16[th] February 2021: “Sandy Creek Significant Gold Mineralisation”

7[th] December 2020: “Northeast Drilling Program Complete”

16[th] November 2020: “Drilling Commencement, Historic Rushworth Goldfield”

5[th] November 2020: “Rushworth Historic High-Grade Goldfield”

30[th] October 2020: “Report for the quarter ended 30[th] September 2020”

19[th] October 2020: “Drill Results Reveal High-Grade Gold”

1[st] September 2020: “Drilling of Gold Mineralisation Commencing”

Page | 7

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Competent Person’s Statement

The information in this report has been prepared, compiled, and verified by Dr. Ben Hines PhD, MSc, a Competent Person who is a Member of the Australian Institute of Geoscientists. Dr. Hines is the Exploration Manager for Dart Mining. Dr. Hines has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr. Hines consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Forward-Looking Statement

Certain statements contained in this document constitute forward-looking statements. Forward-looking statements include, but are not limited to, Dart Mining’s current expectations, estimates and projections about the industry in which Dart operates, and beliefs and assumptions regarding Dart’s future performance. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. When used in this document, words such as; “anticipate”, “could”, “intends”, “estimate”, “potential”, “plan”, “seeks”, “may”, “should”, and similar expressions are forward-looking statements. Although Dart believes that its expectations presented in these forward-looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements. Investors are cautioned that forward-looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.

References

Bolger, P. F., Thorne, H. R., Wood, P. D., Cook, C. E., & Rogerson, R. J. (1983). Palaeozoic geology of the Dartmouth Dam area, North-eastern Victoria. Proceedings of the Royal Society of Victoria , 95 , 259-271.

  • Cuffley, B. W. (1987). EL1546 Granite Flat, NE Victoria: Report for the period 27/03/1987 to 26/09/1987 on Gold Exploration . Alluvial Prospectors Ltd. EL1546_G24515_198709_Half. 29p.

  • Cuffley, B. W. (1988). EL1546 Granite Flat, NE Victoria: Report for the period 27/03/1988 to 26/09/1988 on Gold Exploration . Alluvial Prospectors Ltd. EL1546_G2447_198809_Half. 13p.

Hesp, W. R. (1974). Geochemical features of Sn–Ta–Nb mineralisation associated with granitic rocks in south-eastern Australia. Metallisation Associated with Acid Magmatism , 1 , 170-180.

  • Ramsay, W. R. H., & VandenBerg, A. H. M. (1986). Metallogeny and tectonic development of the Tasman Fold Belt System in Victoria. Ore Geology Reviews , 1 (2-4), 213-257.

  • Wilde, A. R. (1988). A review of Gold Mineralisation in Eastern Australia. Bureau of Mineral Resources Geology and Geophysics, Report 1989/30. 132 p.

Page | 8

APPENDIX 1

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ALL ROCK SAMPLE RESULTS

Sample
ID

Easting
(MGA
Z55)

Northing
(MGA
Z55)

Elevation
(m)

Lithology
Sample
Type
Au
(ppm)
Ag
(ppm)
Cu
(ppm)

Mo
(ppm)
Pb
(ppm)
Zn
(ppm)
70324 540846
5949588

575
Silica-Sulphide Grab 1.82 49 1360 698 1260 1200
70325 540853
5949599

573
Silica-Sulphide Grab 0.54 20 800 451 957 669
70326 540837
5949583

570
Granodiorite Grab 0.07 2.28 5900 7.63 425 416
70327 540846
5949593

568
Silica-Sulphide Grab 2.88 61.9 2140 1990 5350 4550
70328 540425
5949619

499
Silica-Sulphide Grab 5.97 5.26 250 26.6 110 60
70329 540429
5949618

499
Silica-Sulphide Grab 16.15 4.57 500 11.3 29.8 14
70330 540418
5949608

498
Granodiorite Grab 0.08 1.83 12000
6.54
39.5 91
70330B
540418

5949608

498
Granodiorite Grab 0.02 0.85 6450 0.59 9.4 91
70331 540423
5949601

499
Diorite Grab 1.46 7.09 5950 2.81 64.1 41
70332 540424
5949606

499
Granodiorite Grab 0.01 0.1 191 0.8 9.9 33
70333 540425
5949623

499
Diorite Grab 0.01 0.06 67.4 1.32 14.7 71
70349 541451
5949257

680
Diorite Grab 1.14 1.32 365 6.24 63.1 5
70350 541452
5949244

680
Diorite 2.2m Chip 2.01 0.79 949 2.35 37.6 43
70351 541493
5949315

681
Diorite Grab 3.16 3.43 520 1.94 75.5 9
70352 541518
5949260

696
Diorite Grab 2.53 9.37 2180 3.3 176.5 26
70353 541473
5949401

652
Diorite Grab 1.38 5.13 2900 2.13 363 57
70354 540375
5950157

459
Diorite Grab 0.41 0.24 416 1.91 23.7 35
70355 540534
5950592

491
Diorite Grab 0.12 0.41 683 9.22 22.1 8
70356 538782
5950355

348
Diorite 1.3m Chip 2.35 6 1160 4.31 294 51
70357 538782
5950356

351
Silica-Sulphide Grab 3.91 4.94 641 5.41 464 41
70358 538779
5950357

349
Diorite Grab 3.17 8.28 3900 2.21 68.6 41
70359 538767
5950352

348
Silica-Sulphide Grab 22.3 52.2 7440 2.72 489 250
70360 538761
5950350

347
Diorite Grab 0.09 0.99 881 1.24 69.9 109
70361 538756
5950353

347
Granodiorite Grab 0.02 0.23 168 1.72 16.9 81
70362 538750
5950356

343
Granodiorite 1.4m Chip 0.21 1.79 6150 1.38 21.5 104
70363 538748
5950351

345
Silica-Sulphide 0.2m Chip 0.48 4.53 19300
1.93
19.3 107
70364 538861
5950367

396
Granodiorite 7m Chip 0.01 0.07 108.5
0.79
11.9 78
70365 539031
5950292

413
Granodiorite 8m Chip 0.01 0.07 85.3 1.06 12.3 69
70366 540774
5949839

560
Granodiorite Grab 0.02 0.36 863 1.81 22.2 135
70367 540776
5949842

560
Granodiorite Grab 0.1 0.41 262 9.78 29 95
70368 540776
5949842

560
Breccia Grab 0.08 0.84 254 2.61 4.4 24
70369 540776
5949842

560
Granodiorite Grab 0.02 0.62 771 1.7 19.1 78
70370 540773
5949849

560
Granodiorite Grab 0.02 0.05 49.7 1.84 14.3 85
70371 540768
5949860

557
Silica-Sulphide Grab 0.57 23.4 3010 168 492 1300
70372 540769
5949853

558
Silica-Sulphide Grab 1.12 1.67 32.8 145 158 52
70373 540405
5950151

540
Breccia Grab 0.18 33.1 1030 454 313 41
70374 540856
5949509

644
Diorite Grab 0.05 17.5 1305 11 541 342
70375 540897
5949388

665
Diorite Grab 0.66 0.71 241 8.27 92.7 395
70376 540897
5949388

665
Diorite Grab 0.56 0.59 335 5.67 70.4 281
70377 540897
5949386

604
Granodiorite 2m Chip 0.45 0.78 214 18 133.5 286
70378 540896
5949387

665
Silica-Sulphide 0.5m Chip 0.86 0.68 92.1 22.7 114 97
70379 540896
5949386

665
Diorite 0.3m Chip 0.05 1.1 271 3.02 104 527

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Sample
ID

Easting
(MGA
Z55)

Northing
(MGA
Z55)

Elevatio
n (m)
Lithology Sample
Type
Au
(ppm)
Ag
(ppm)
Cu
(ppm)

Mo
(ppm)
Pb
(ppm)

Zn
(ppm)
70380 539083
5950754

427
Breccia Grab 0.63 4.42 6790 2.09 18.2 85
70381 539079
5950757

425
Silica-Sulphide Grab 27.9 30 28300
2.6
249 111
70382 539064
5950760

426
Breccia Grab 0.16 0.36 182 1.94 9.2 42
70383 539095
5950748

430
Granodiorite Grab 0.02 0.18 192.5
1.82
11.8 66
70384 540565
5950425

553
Granodiorite Grab 0.05 0.39 317 4.71 6.9 15
70385 540550
5950582

556
Diorite 1m Chip 2.18 2.22 1645 3.29 26.2 18
70386 540554
5950589

556
Graniticporphyry 1m Chip 0.02 0.11 265 0.25 6.5 22
70387 541307
5950042

679
Basalt 0.5m Chip 0.01 0.04 59.6 3.33 6 117
70388 541480
5949797

620
Granodiorite Grab 3.93 5.01 1245 1.19 73.1 68
70389 541471
5949797

620
Granodiorite Grab 2.56 4.7 2420 1.23 205 75
70404 540520
5950597

490
Aplite 3m Chip 0.33 1.38 549 27.7 81.4 22
70405 540516
5950605

492
Aplite 4m Chip 0.97 2.33 508 16.7 40.3 18
70406 540716
5950557

516
Diorite Grab 16.6 16.85 171.5
35.1
2730 169
70407 540964
5950237

587
Aplite 5m Chip 0.62 8.71 989 78.9 363 247
70408 541226
5950865

540
Aplite 5m Chip 0.01 0.08 21.4 2.68 12.8 15
70409 540711
5950744

489
Breccia 9m Chip 0.07 0.28 494 15 27.2 50
70410 540563
5950405

519
Granodiorite Grab 0.01 0.06 109 1.06 5.3 12
70411 540560
5950401

520
Silica-Fe Grab 0.03 0.14 109 10 5.1 8
70412 540566
5950402

521
Granodiorite Grab 0.01 0.28 157.5
2
7.3 13
70413 540566
5950401

522
Granodiorite Grab 0.03 0.09 291 1.63 5.9 10
70414 540652
5950406

537
Gossan Grab 2.35 4.6 1420 80.7 27.6 24
70415 540814
5950383

575
Aplite 0.5m Chip 0.3 3.18 1470 19.1 73.3 40
70444 538645
5949430

414
Quartz 0.1m Chip - 0.03 58.3 0.78 6.8 32
70456 541900
5951351

727
Aplite 3m Chip 0.01 0.09 19.4 2.01 15.6 15
70457 541949
5951399

726
Diorite 5m Chip - - 13.2 1.21 28.5 17
70458 541909
5951159

664
Diorite 5m Chip 0.01 0.05 81.9 2.15 22.6 24
70459 541899
5951198

673
Aplite 5m Chip 0.02 0.02 90.2 18.8 18.2 27
70460 539824
5951407

401
Aplite 0.5m Chip 0.01 0.04 3.8 2.76 6.6 31
70461 541745
5948762

806
Diorite 2m Chip - 0.02 17 0.58 13.3 51
70462 541547
5949021

741
Quartz 0.4m Chip 0.19 0.36 139 3.34 8.1 6
70463 541607
5948820

779
Gossan 5m Chip 0.01 0.04 400 2.26 9.5 22
70464 541700
5948638

817
Gossan Grab 0.16 2.63 3450 4.11 27.9 78
70465 541599
5948821

777
Gossan 5m Chip 0.02 0.05 350 1.74 8.1 17
70466 541548
5949040

736
Silica-Sulphide Grab 16.7 35.3 3100 14.55 158 42
70467 541504
5949146

727
Silica-Sulphide Grab 3.95 0.93 376 1.15 14.8 8
70468 541440
5949168

698
Silica-Sulphide Grab 16.05 25 31200
0.86
200 109
70469 538922
5951365

-
Graniticporphyry 8m Chip 0.07 0.18 48 0.25 6 4
70470 538993
5951400

-
Gossan 4m Chip 0.02 0.05 24.3 1.01 3.8 11
70471 538962
5951458

-
Graniticporphyry Grab 0.06 0.24 158 1.72 1525 1590
70472 539571
5951232

-
Aplite Grab 0.01 0.03 11 0.35 24.7 27
70473 540515
5950621

-
Aplite Grab 0.04 0.05 31.9 0.95 10 5
70474 539144
5951125

-
Quartz 5m Chip 0.01 0.03 14.6 1.78 3.5 4
70475 539769
5951203

-
Aplite Grab 0.01 0.03 7.5 0.27 15 26
70476 540018
5950758

-
Aplite 10m Chip 0.27 3.13 873 70.7 83.1 33

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Sample
ID

Easting
(MGA
Z55)
Northing
(MGA
Z55)

Elevation
(m)

Lithology
Sample
Type
Au
(ppm)
Ag
(ppm)
Cu
(ppm)

Mo
(ppm)

Pb
(ppm)
Zn
(ppm)
70477 538985 5951607
-
Gossan 0.5m Chip 0.01 0.11 9.5 2.87 2.2 5
70478 539483 5951266
-
Gossan Grab - 0.01 8.8 0.92 9.6 11
70479 539746 5951500
-
Quartz Grab 0.01 0.03 12 1.34 18 12
70481 542909 5950647
700
Aplite 5m Chip 6.02 14.35 5160 1.41 47.9 29
70482 542793 5950826
655
Aplite 5m Chip 0.32 3.03 154 9.9 30.9 14
70483 542355 5950810
620
Gossan Grab 0.01 0.04 35 1.08 10.4 68
70485 542036 5951931
861
Aplite 5m Chip 0.33 0.8 2170 3.6 8.2 23
70486 542004 5951955
868
Aplite 5m Chip 1.02 0.94 2050 2.67 11.5 16
70487 541440 5949186
678
Silica-Sulphide Grab 0.07 0.43 1025 0.15 3.5 28
70488 541442 5949188
678
Silica-Sulphide Grab 9.09 23.4 66500
1.31
95 194
70487 540036 5951038
435
Aplite Grab 0.07 2.59 245 1.98 94.9 28
70488 541475 5950492
573
Granitic
porphyry
Grab 0.02 0.03 38.7 1.82 11.2 15

Page | 11

APPENDIX 2

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TENEMENT STATUS

All tenement applications continue to pass through the approvals process with the tenements remaining in good standing as of the 30[th] of June 2022 (Table 1.1 – Figure 1.1).

Table 1.1. TENEMENT STATUS

**Area (km2) **
Tenement Number Name Tenement Type Unless Interest Location
specified
MIN006619 Mt View2 Mining License 224 Ha 100% NE Victoria
EL5315 Mitta Mitta4 Exploration Licence 148 100% NE Victoria
EL006016 Rushworth4 Exploration Licence 32 100% Central Victoria
EL006277 Empress Exploration Licence 87 100% NE Victoria
EL006300 Eskdale3 Exploration Licence 96 100% NE Victoria
EL006486 Mt Creek Exploration Licence 116 100% NE Victoria
EL006764 Cravensville Exploration Licence 170 100% NE Victoria
EL006861 Buckland Exploration Licence 414 100% NE Victoria
EL006994 Wangara Exploration Licence 190 100% Central Victoria
EL007007 Union Exploration Licence 3 100% Central Victoria
EL007008 Buckland West Exploration Licence 344 100% NE Victoria
EL006865 Dart EL (Application) 567 100% NE Victoria
EL006866 Cudgewa EL (Application) 508 100% NE Victoria
EL007099 Sandy Creek EL (Application) 437 100% NE Victoria
EL007170 Berringama EL (Application) 27 100% NE Victoria
EL007430 Buchan EL (Application) 546 100% Gippsland
EL007435 Goonerah EL (Application) 587 100% Gippsland
EL007425 Deddick EL (Application) 341 100% Gippsland
EL007428 Boebuck EL (Application) 355 100% NE Victoria
EL007426 Walwa EL (Application) 499 100% NE Victoria
EL007754 Tallandoon EL (Application) 88 100% NE Victoria
RL006615 Fairley’s2 Retention License 340 Ha 100% NE Victoria
RL006616 Unicorn1&2 Retention License 23,243 Ha 100% NE Victoria
EL6500 Woomargama EL (Application) 85 100% New South Wales

All tenements remain in good standing as of 30[th] June 2022.

NOTE 1: Unicorn Project area subject to a 2% NSR Royalty Agreement with Osisko Gold Royalties Ltd dated 29 April 2013.

NOTE 2: Areas subject to a 1.5% Founders NSR Royalty Agreement.

NOTE 3: Areas are subject to a 1.0% NSR Royalty Agreement with Minvest Corporation Pty Ltd (See DTM ASX Release 1 June 2016).

NOTE 4: Areas are subject to a 0.75% Net Smelter Royalty on gold production, payable to Bruce William McLennan.

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Figure 1.1: Location of Dart Mining’s exploration properties in Northeastern Victoria.

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APPENDIX 3

JORC CODE, 2012 EDITION – TABLE 1

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.

Include reference to measures taken to ensure sample representivity and
the appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the
Public Report.

In cases where ‘industry standard’ work has been done this would be
relatively simple (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.
• Samples submitted to ALS were whole sample crushed to 70% <2mm, riffle/rotary
split off 1 kg, pulverise to >85% passing 75 microns, then assayed by ALS methods
AU-AA26 (50g sample aliquot by fire assay), ME-MS61 (0.25g sample aliquot by
four-acid digest and ICP-MS and ICP-AES analysis), Cu-OG62 (0.4g sample aliquot
by three acid digest, HCL leach and ICP-AES), and Ag-OG62 (0.4g sample aliquot by
three acid digest, HCL leach and ICP-AES).
• All-drill related data are referenced to the original ASX report by date published. All
details appear in the original report.
• pXRF samples were collected from the top of the B-horizon clay interface, then
dried. Samples were analysed for various elements (in particular Cu, Pb, Zn, As and
Mo) using an Olympus Vanta portable XRF unit, with results reported as a digital
text file.
• Chip samples are taken continuously perpendicular to the general strike of
mineralised structures in outcrop, and large samples (4-7 kg) are taken where
possible to increase sample representivity. The chip samples are of adequate
quality to be indicative of the area sampled.
• Grab samples were collected from the outcrop over a small area (typically 1-5m in
diameter). Grab samples are typically small (i.e. <7 kg) and represent the local area
only. Sampling only tests a small areal extent, and are not considered as being
representative of the outcrop. The grab samples are of adequate quality to be
representative of the small area sampled and approximate the sampled_in situ_
mineralisation / alteration.
• Rock samples are dried, crushed, and whole sample pulverised and riffle split. A
sample aliquot (25 – 50 g) is taken for analysis. Gold is analysed by ALS method Au-
AA26 (a fire assay technique for total digestion), and multielement determinations
are completed via ALS method ME-MS61(a four acid digest method).
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.). _

All-drill related data are referenced to the original ASX report by date published. All
details appear in the original report.
Drill sample recovery
Method of recording and assessing core and chip sample recoveries and
results assessed.

There was no observable relationship between sample recovery and grade.

All drill related data are referenced to the original ASX report bydatepublished. All

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Measures taken to maximise sample recovery and ensure representative
nature of the samples.

Whether a relationship exists between sample recovery and grade and
whether sample bias may have occurred due to preferential loss/gain of
fine/coarse material.
details appear in the original report.
Logging
Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate Mineral
Resource estimation, mining studies and metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc.) photography.

The total length and percentage of the relevant intersections logged.

Sample sizes are considered appropriate to correctly represent the mineralisation
style, and the thickness and consistency of intersections being sampled.

pXRF soil samples are located by GPS and notes taken where cultural contamination
is suspected or sample site is adjacent to historic workings.

Chip/grab samples were logged for qualitative mineral percentages, mineral species
and habit, and each sample location is recorded.

All drill related data are referenced to the original ASX report by date published. All
details appear in the original report.
Sub-sampling
techniques and sample
preparation

If core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc. and whether
sampled wet or dry.

For all sample types, the nature, quality and appropriateness of the
sample preparation technique.

Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.

Measures taken to ensure that the sampling is representative of the in
situ material collected, including for instance results for field
duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the material
being sampled.

The samples were sent to ALS Global Laboratories, Pooraka SA.

Soil samples are collected from the top of the B-Horizon with a pick and scoop, then
dried prior to analysis. pXRF analysis is undertaken on the small sample cup of the
soil sample and the results reported in a digital csv file output per sample.
Standards and duplicates are inserted at regular intervals and reviewed. Laboratory
follow-up analysis uses the same pXRF sample, pulverised prior to sub-sampling at
the laboratory via riffle splitting for a multi-element 4 acid digest method ME-MS61
and low detection limit gold analysis by method Au-AA22.

The sample size is considered representative to estimate the local metal content of
the soil developed above the disseminated style of gold mineralisation targeted.

Sampling was conducted at a reconnaissance level with regular duplicate and CRM
samples inserted for analysis by pXRF. All results are in line with expectations.

Individual <7kg chip / grab samples were collected from outcrop, individual chips
making up the sample were <40mm and chipped from a random selection of the
mineralisation to generate a representative average sample of the mineralisation
targeted.

The whole sample was crushed and pulverised prior to sub-sampling at the
laboratory via riffle splitting.

Chip sampling generally collects <7kg of finely chipped rock sample across outcrop
or underground openings with the entire sample sent for whole sample crush and
grind. The sample size and sub-sampling method is thought suitable for a sulphide
/ fine gold environment.

All drill related data are referenced to the original ASX report by date published. All
details appear in the original report.
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

Samples were submitted to ALS Global (Pooraka) and analysed for gold using ALS
methods AU-AA26 (fire assay is considered a total extraction technique for gold)

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total.

For geophysical tools, spectrometers, handheld XRF instruments, etc.,
the parameters used in determining the analysis including instrument
make and model, reading times, calibrations factors applied and their
derivation, etc.

Nature of quality control procedures adopted (e.g. standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels of
accuracy (i.e. lack of bias) and precision have been established.
and ME-MS61 (four acid digest is considered a total extraction technique for
copper exploration), Cu-OG62 (ore grade copper by three acid digest and HCl
leach) and Ag-OG62 (ore grade silver by three acid digest and HCl leach). These
techniques are appropriate and considered a total extraction technique for Au &
Cu.

Samples were whole sample crushed, pulverised and assayed by ALS method AU-
AA26, ME-MS61, Cu-OG62 and Ag-OG62.

ALS conducted their own internal laboratory checks.

Laboratory blanks, standards are reviewed per batch to monitor accuracy and
precision.

Soil samples were submitted to ALS Chemex and analysed for a suit of trace
elements using ALS Methods ME-MS61 (A four-acid digest is performed on 0.25g of
sample to quantitatively dissolve most geological materials). These techniques are
appropriate and considered a total extraction technique for key metal As. Au is
analysed by fire assay technique Au-AA22.

QAQC procedures were adopted during the in-house pXRF analysis with regular
sample duplicates and CRM inserted, assay data is within expectation. Laboratory
analysis only uses internal laboratory CRM results.

Chip and Grab samples were submitted to ALS Chemex and analysed for Au using
ALS method Au-AA26 – a fire assay technique for total digestion.

Due to the reconnaissance nature of the sampling, no QAQC procedures were
adopted other than internal laboratoryCRM.
Verification of
sampling and assaying

The verification of significant intersections by either independent or
alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data verification,
data storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

The laboratory supplies all assay data as an export to a CSV file. The raw data is
edited to separate all duplicates and CRM results into a QA/QC tab in the CSV file
and reviewed.

Verification of significant intersections were made by alternative company
personnel.

No independent review of assay data has been carried out.

Data were logged into spreadsheet and checked.

Electronic-only assay data is imported into a spreadsheet from the laboratory’s
electronic data.

No holes were twinned at this early exploration stage.

Below detection limit data is identified in Appendix 1 using a < character followed
by the detection limit.

All drill related data are referenced to the original ASX report by date published. All
details appear in the original report.

pXRF analysis requires the manual entry into the XRF unit of the Sample number of
the soil sample. The sample number and associated analysis is stored as a digital
file within the pXRF unit for later export to a CSV file. The raw data is edited to
separate all duplicates and CRM results into aQAQC tab in the CSV file and

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reviewed. <LOD results are also deleted from the dataset to allow numerical fields
to be plotted.
Location of data points
Accuracy and quality of surveys used to locate drill holes (collar and down-
hole surveys), trenches, mine workings and other locations used in Mineral
Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

The location of drill hole collars and geological mapping confirmed using a Garmin
GPSMAP 66i GPS, set to MGA94 Grid Datum (Zone 55) with topographic control
taken from the GPS. Accuracy is variable but maintained <3m during the mapping
process with constant visual quality assessment conducted.

Hand-held GPS was used to survey a control point and drill hole collar positions
are then measured by tape and compass relative to the GPS control. The accuracy
between holes is <0.5m but absolute accuracy is relative to the original GPS
control point at <5m.

All maps, plans and data are on an MGA datum and GDA94 zone 55 projection.

Elevation is established from the GPS control point.

The location of the chip / grab / soil samples and geological mapping used a
Garmin GPSMAP 62S GPS using the MGA94 Grid Datum (Zone 55) with
topographic control taken from the GPS. Accuracy is variable but maintained <5m
during the mapping process with constant visual quality assessment conducted.

Mine workings are located using GPS control and then tape and compass survey
for underground development.

All drill related data are referenced to the original ASX report by date published.
All details appear in the original report.
Data spacing and
distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and classifications
applied.

Whether sample compositing has been applied.

Drill sites were restricted to existing tracks. It was not intended to establish a drill
spacing for resource estimation although these holes may be used at a later date.

All drill related data are referenced to the original ASX report by date published. All
details appear in the original report.

Soil sample spacing may be variable and is designed to capture variability in the key
pathfinder element analysed with respect to the geological model of the
mineralisation under review. The regional soil program reported uses a nominal
50m sample spacing as this was considered the maximum spacing that would
capture regional mineralisation trends.

Soil pXRF results are used for geochemical studies only and are not composited.

Where exposure allows, multiple chip samples are collected across mineralised
structures to assess the continuityof Cu-Augrade.

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Rock chip sampling is limited by outcrop exposure.

Reconnaissance-scale chip / grab samples are not presented or considered to be
representative of the average grade. Grab samples only represent the grade at a
single point within the rock exposure. Sample spacing is designed to allow an initial
assessment of gold mineralisation and is not suitable for future resource estimation
activities.
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.
• Drilling was restricted to existing tracks and pads. However, in all cases it was
possible to drill at a high angle to the host structures (refer figures 1 to 4), and
achieve a suitable orientation that cross cuts the mineralisation. True width
intersections are provided in drill sections, there appears to be no relationship
between drill orientation and mineralisation grades.
• Due to the steep grade of tracks and topography, hole orientation was limited or
dictated by landscape physiology in some instances.
• Regional 50m soil grid aligned north-south across a ~4x4 km area.
• No significant sample bias is considered to be introduced because of the orientation
of the soil lines without being noted in the body of the report.
• Grab samples do not capture any aspect of the potential variation in grade in relation
to the orientation of the mineralisation and represents only a single point inside the
mineralisation. Chip samples are collected perpendicular to strike where possible to
avoid any sample bias and only where outcrop or subcrop exists. The orientation of
rock chipsamples is recorded and indicated in diagrams.
Sample security
The measures taken to ensure sample security.

All samples submitted for analysis are placed in sealed poly-weave bags and
delivered to a commercial transport company for delivery to the laboratory. Any
evidence of sample damage or tampering is immediately reported by the laboratory
to the company and a decision made as to the integrity of the sample and the
remainingsamples within the damaged/tampered bag/s.
Audits or reviews
The results of any audits or reviews of sampling techniques and data.

An internal review of procedures, operations, sampling techniques and analytical
techniques was made by Dart Mining.

All drilling and assay data is validated upon entry into the EarthSQL Quest database.

The mapping and sampling methodology and results were documented and
reviewed by an independent expert who acts as the competent person for this
report.

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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 security of the tenure held at the time of reporting along with any known
impediments to obtaining a licence to operate in the area.

All tenements remain in good standing as of 30thJune 2022.

Details of Dart Miningtenements shown in Appendix 2 and Figure 1.1
Tenement
Area (km2)
Number
Unless specified
MIN006619
Mt View2
Mining License
224 Ha
100%
NE Victoria
EL5315
Mitta Mitta4
Exploration Licence
148
100%
NE Victoria
EL006016
Rushworth4
Exploration Licence
32
100%
Central Victoria
EL006277
Empress
Exploration Licence
87
100%
NE Victoria
EL006300
Eskdale3
Exploration Licence
96
100%
NE Victoria
EL006486
Mt Creek
Exploration Licence
116
100%
NE Victoria
EL006861
Buckland
Exploration Licence
414
100%
NE Victoria
EL007008
Buckland West
Exploration Licence
344
100%
NE Victoria
EL006994
Wangara
Exploration Licence
190
100%
Central Victoria
EL007007
Union4
Exploration Licence
3
100%
Central Victoria
EL006764
Cravensville
Exploration Licence
170
100%
NE Victoria
EL006865
Dart
EL (Application)
567
100%
NE Victoria
EL006866
Cudgewa
EL (Application)
508
100%
NE Victoria
EL007099
Sandy Creek
EL (Application)
437
100%
NE Victoria
EL007170
Berringama
EL (Application)
27
100%
NE Victoria
EL007430
Buchan
EL (Application)
546
100%
Gippsland
EL007435
Goonerah
EL (Application)
587
100%
Gippsland
EL007425
Deddick
EL (Application)
341
100%
Gippsland
EL007428
Boebuck
EL (Application)
355
100%
NE Victoria
EL007426
Walwa
EL (Application)
499
100%
NE Victoria
EL007754
Tallandoon
EL (Application)
88
100%
NE Victoria
RL006615
Fairley’s2
Retention License
340 Ha
100%
NE Victoria
RL006616
Unicorn1&2
Retention License
23,243 Ha
100%
NE Victoria
EL6500
Woomargama
EL (Application)
85
100%
New South Wales
NOTE 4:Areas are subject to a 0.75% Net Smelter Royalty on gold production, payable to Bruce
William McLennan.
Name
Tenement Type
Interest
Location
All tenements remain in good standing as of 30th June 2022.
NOTE 1:Unicorn Project area subject to a 2% NSR Royalty Agreement with Osisko Gold Royalties Ltd
dated 29 April 2013.
NOTE 2:Areas subject to a 1.5% Founders NSR RoyaltyAgreement.
NOTE 3:Areas are subject to a 1.0% NSR Royalty Agreement with Minvest Corporation Pty Ltd (See
DTM ASX Release 1 June 2016).
Exploration done
by other parties

Acknowledgment and appraisal of exploration by other parties.

Between 1986 and 1988 the Granite Flat area was worked by Meltech Ltd on
behalf of Alluvial Prospectors Ltd, with soil sampling identifying strong soil
anomalies and six diamond drill holes completed. From 1990 to 1995, CRA
Exploration (now Rio Tinto) completed extensive exploration in the search for a
bulk minable resource. This included expansion of the soilgrid,samplingof 18

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costeans, 32 reverse circulation (RC) and the 13 Diamond drillholes, along with
aeromagnetic, ground magnetic and induced polarity surveys of the site. In late
1994 Perseverance Mining Ltd entered into a joint-venture agreement with CRA
Exploration, working the Granite Flat prospect from 1996 to 1999, completing an
additional 20 RC drill holes. From 2006 to 2008, Synergy Metals Ltd conducted
minor stream sediment and soil sampling of the site before transferring the license
to Glen Wills Gold Mines NL in 2009. Glen Wills Gold Mines held the license until
2016,completingsome minor soil and stream sediment samplingstudies.
Geology
Deposit type, geological setting and style of mineralisation.

EL006277 is located in the Omeo structural zone of the Lachlan Fold Belt in eastern
Victoria. The EL is underlain by metamorphosed Lower Ordovician Pinnak
Sandstone and its higher-grade metamorphic equivalents in the Omeo
Metamorphic Complex to the south. The Banimboola Quartz Monzodiorite (BQM)
intruded during the early Devonian and is a highly magnetic I-type composite
pluton that has been placed in the Boggy Plain Supersuite (Wyborn, et al., 1987).
Aeromagnetic data from the Geo Vic database indicates that the BQM is a
compositepluton with a variable magnetic signature.
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 clearly explain
why this is the case.

Additional historic drillhole collar information is presented in previous Dart Mining
ASX Announcements and Releases. An archive of historic Dart Mining ASX releases
is
held
at:
https://www2.asx.com.au/markets/trade-our-cash-
market/announcements.dtm

All drill-related data are referenced to the original ASX report by date published.
All details appear in the original report.
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.

All drill-related data are referenced to the original ASX report by date published.
All details appear in the original report.

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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’). _

The relationship between the drill hole and the geometry of the mineralised
structures is not presented at this preliminary stage.

All drill-related data are referenced to the original ASX report by date published.
All details appear in the original report.
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.

All drill-related data are referenced to the original ASX report by date published.
All details appear in the original report.
Balanced reporting
Where comprehensive reporting of all Exploration Results is not practicable,
representative reporting of both low and high grades and/or widths should
be practiced to avoid misleading reporting of Exploration Results.

All drill-related data are referenced to the original ASX report by date published.
All details appear in the original report.

Soil Copper values are reported in full as graduated symbols for all soil lines, the
legend provides a guide to soil values. This method of reporting is considered to
be comprehensive and un-biased for early geochemical work.

Rock chip gold assay values are reported in full as graduated symbols for all soil
lines, the legend provides a guide to rock values. This method of reporting is
considered to be comprehensive and un-biased for early geochemical work.
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.

Any other relevant information is discussed in the main body of the report.
Further work
The nature and scale of planned further work (e.g. tests for lateral extensions
or depth extensions or large-scale step-out drilling).

Diagrams clearly highlighting the areas of possible extensions, including the
main geological interpretations and future drilling areas, provided this
information is not commercially sensitive.

Planned work is discussed in the body of the report and is dependent on future
company direction.

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