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DART MINING NL Regulatory Filings 2011

Jan 16, 2011

64792_rns_2011-01-16_07b12a2f-fbff-44f6-81d1-566b29c0945b.pdf

Regulatory Filings

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ASX ANNOUNCMENT

DRILLING INTERSECTS HIGH GRADE SILVER AT UNICORN – MOLYBDENUM COPPER PORPHYRY PROJECT

17 January 2011

ASX Code: DTM

Investment Data

104.1M Shares on Issue 12.7M Unlisted Options

Shareholders

Top 20 Hold 41%

Key Projects / Metals

  • Unicorn Porphyry Mo-Cu-Ag

  • Morgan Porphyry Mo-Ag-Au

  • Mountain View Lode – Au

Mo – Molybdenum Cu – Copper Au – Gold Ag – Silver

Board & Management

HIGHLIGHTS

  • Assay results have been received from the third diamond drill hole, DUNDD006, of the Phase II drilling program at Dart’s Unicorn project near Corryong in NE Victoria. The hole was mineralised from surface to the end of hole at 488.4m and intersected several zones of higher grade mineralisation.

  • Multiple zones of high grade silver mineralisation were noted throughout the hole. Results include:

  • The entire hole assayed 488.4m @ 0.03 % Mo; 0.04% Cu and 4.28 g/t Ag including:

    • 64m @ 0.06% Mo from surface;

    • 132m @ 0.08% Cu from 24 metres;

    • 30m @ 9.5g/t Ag from 124 metres;

    • 6m @ 28.2g/t Ag from 393 metres; and

    • 52m @ 9.7g/t Ag from 434 metres.

  • Breccia zones indicating multiple mineralising events.

  • Preliminary 3D IP interpretation shows large chargeability anomalies yet to be drill tested.

Chairman and Acting CEO: Mr. Chris Bain

UNICORN DRILLING AND GEOLOGY

Executive Directors:

Mr. Bernhard Hochwimmer Manager – Geology

Mr. Dean Turnbull Manager – Exploration

Non-Executive Directors:

Mr. Stephen Poke Mr. Richard Udovenya

Contact Details:

Dart Mining NL Level 2 395 Collins Street Melbourne VIC 3000 Australia

Mr. Chris Bain

Phone: +61 (0)3 9620 0033 Email: [email protected]

DUNDD006 was completed at 488.4m within altered mineralised sediments on the margin of a quartz feldspar porphyry intrusion. Logging of the core and all assay data for the hole is now available.

This completes the Phase II program of three deep diamond drill holes into Unicorn and was supported by a State Government grant of $80,000 (the maximum amount) awarded in Round 3 of the Rediscover Victoria program.

The preliminary interpretation model of a 3D IP survey undertaken last year (Figure 1) viewed to the south as 3D shells shows a large chargeability anomaly (red) ridging out to the west of DUNDD004 that has not been tested by drilling to date. It is considered significant that the mineralisation intersected to date is outside this anomaly.

Whilst only three widely spaced diamond drill holes have been completed to date, when combined with the interpretation of mapping and 3DIP geophysics they yield valuable geological data and directional information pointing to interpreted zones of high grade mineralisation which have yet to be intersected by drilling.

The complete interpretation of all results to date will guide the targeting of these apparent high grade zones in the next phase of resource drilling at Unicorn

Visit our webpage: www.dartmining.com.au

Page 1 of 11

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Figure 1: Unicorn 3D Induced Polarisation survey model shells, looking south, shows a large chargeability anomaly (red) ridging out to the west. Traces of drill holes Dun DD004 and DUNDD005 are approximate only.

The results from the three holes demonstrate a very significant strike and width of mineralisation with layered higher grade zones to well over 500 metres in depth. Drillhole DUNDD006 (Fig 2) shows a significant increase in the overall size of the system to the south below an outcropping breccia. In addition a northern plunge to the highly mineralised M1 horizon is interpreted linking the upper part of DUNDD006 with the 163m @ 0.06% Mo; 0.11% Cu and 7.4g/t Ag in DUNDD004 and 106m @ 0.08% Mo; 0.15% Cu and 4.5 g/t Ag in DUNDD005.

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Photo 1: Brecciated and mineralised (Mo -enlarged inset) quartz feldspar porphyry. DUNDD006 318m

Unicorn is a large quartz feldspar porphyry intrusion with overlapping phases of molybdenum, copper and silver mineralisation throughout. It has many characteristics similar to the giant Henderson and Climax molybdenum mines in Colorado, USA. Climax style deposits form the largest primary molybdenum deposits worldwide. Unicorn is considered to be the first Climax style molybdenum porphyry discovered in Australia. Due to its unique geological setting Unicorn differs to the typical Climax system as it has significant copper and silver mineralisation in addition to molybdenum.

Page 2 of 11

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Table 1: Significant Intersections DUNDD004/4A, 5 & 6 (See Appendix 1 for full assay data – DUNDD006).

Hole No. Hole Dip Hole Azimuth
(MGA Grid)
MGA
East
(m)
MGA
North
(m)
RL
AHD
(m)
Total
Depth
(m)
DUNDD004 -68.5 270 588,811 5,978,100 830 321
DUNDD004A* -68.5 270 588,811 5,978,100 830 508.7
DUNDD005 -85 70 588,807 5,978,102 830 574
DUNDD006 -65 240 588,826 5,978,020 860 488.4

* DUNDD004A Starts at 154m down DUNDD004. Collar co-ordinates are measured by GPS location.

Hole
No.
From
(m)
To
(m)
Significant
Intersections
Un-cut (Mo )
Significant
Intersections
Un-cut (Cu )
Significant
Intersections
Un-cut (Ag )
DUNDD004 0 163 163m@ 0.06%Mo 163m@ 0.11% Cu [email protected] Ag
72 Inc: 29m @ 0.11% Mo
35 Inc: 89m@ 0.13% Cu
DUNDD004A 154 278 124m@ 0.04%Mo 124m@ 0.03% Cu [email protected] ppm Ag
154 Inc: 24m@ 0.06% Cu
247 Inc: 5m@ 0.1% Mo
278 347 [email protected]% [email protected]% Cu [email protected] Ag
347 414 67m @ 0.05% Mo 67m @ 0.09% Cu 67m @ 4.2 ppm Ag
347 Inc. 24m@ 0.07% Mo Inc 46m@ 0.11% Cu Inc. 46m @ 4.8 ppm
Ag
414 468 [email protected]% Mo 54m@224ppm Cu [email protected] Ag
468 508.7 40.7m@11ppm Mo 40.7m@ 68 ppmCu [email protected] ppm Mo
478 Inc. 2m@ 46ppm Ag
DUNDD005 0 106 106m@ 0.08%Mo 106m@ 0.15% Cu [email protected] ppm Ag
50 Inc: 46m@ 0.09% Mo
106 574 468m@ 0.04%Mo 468m@ 0.02% Cu [email protected] ppm Ag
198 Inc: 34m@ 0.06% Mo
395 Inc: 55m @ 0.05% Mo
531 Inc: 13.8m @ 0.09%
Mo
538 Inc: 2m@ 0.48% Mo
DUNDD006 0 488.4 488.4m@ 0.03%Mo 488.4m@ 0.04% Cu 488.4m @ 4.28 ppm
Ag
0 Inc: 64m@ 0.06% Mo
24 Inc: 132m@ 0.08% Cu
124 Inc. 30m @ 9.5 ppm
Ag
306 Inc: 52m@ 0.04% Mo
393 Inc. 6m @ 28.2 ppm
Ag
434 Inc. 52m @ 9.7 ppm
Ag

Analysis performed on 1/4 or 1/2 HQ core (predominantly 1/2 HQ) and 1/2 NQ over nominal 2m intervals. Sample intervals are also determined by geology.

Page 3 of 11

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ABOUT MOLYBDENUM

Molybdenum is a strategic metal. When added to steel it enhances strength, hardenability, weldability, toughness, elevated temperature strength, and corrosion resistance. In nickel-base alloys, it improves resistance to both corrosion and high-temperature creep deformation. Molybdenum also has a range of chemical uses including in paints, plastics and catalysts, it is also an essential trace element in humans, animals and plants.

The world market for molybdenum is growing from approximately 200,000 tonnes a year and the metal has been traded on the London Metal Exchange since February 2010. At recent prices molybdenum trades at approximately 4 times the price of copper which recently hit a record high of USD9,754/tonne. Silver also has reached a 30-year high price of USD31/oz ounce (1oz Silver = 31.1grams).

ENDS –

For further information visit our website at www.dartmining.com.au or contact:

Chris Bain, Chairman & Acting CEO Ph: +61 (0) 3 9618 8261

COMPETENT PERSON’S STATEMENT

Information in this report that relates to a statement of exploration results of the Company is based on information compiled by Bernhard Hochwimmer B.Sc. AIG and Dean Turnbull B.App.Sc. AIG. Both Mr Hochwimmer and Mr Turnbull are Directors and full time employees of Dart Mining NL and have sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity undertaken. They are qualified as competent persons as defined in the 2004 Edition of the “Australasian Code for Reporting of Mineral Resources and Ore Reserves” (or “JORC Code”). Mr Hochwimmer and Mr Turnbull have provided written consent to the inclusion of this information in the form and context in which it appears in this report.

Page 4 of 11

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UNICORN DRILL SECTION – DUNDD006

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

Increasing M1 layer
north to DUNDD05
----- End of picture text -----

Figure 2: Interpretative Section – DUNDD006 (Looking North West in plane of drill hole).

Page 5 of 11

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APPENDIX 1: DUNDD006 KEY ELEMENT ASSAY DATA

Mo >
200
Cu >
1000
Ag > 1
HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001026 0 4 63 4.0 665 289 1.6
DUNDD006 DUNDD001027 4 6 95 2.0 521 371 5.2
DUNDD006 DUNDD001028 6 8 100 2.0 456 215 2.73
DUNDD006 DUNDD001029 8 10 100 2.0 486 243 4.38
DUNDD006 DUNDD001030 10 12 100 2.0 581 252 2.66
DUNDD006 DUNDD001031 12 14 100 2.0 750 256 12.4
DUNDD006 DUNDD001032 14 16 100 2.0 1005 207 7.22
DUNDD006 DUNDD001033 16 18 100 2.0 1120 160 4.65
DUNDD006 DUNDD001034 18 20 100 2.0 881 232 3.31
DUNDD006 DUNDD001035 20 22 100 2.0 997 273 2.54
DUNDD006 DUNDD001036 22 24 100 2.0 653 294 9.07
DUNDD006 DUNDD001037 24 26 100 2.0 734 1255 13.05
DUNDD006 DUNDD001038 26 28 100 2.0 692 1270 2.75
DUNDD006 DUNDD001039 28 30 100 2.0 846 790 8.23
DUNDD006 DUNDD001040 30 32 100 2.0 569 1730 4.6
DUNDD006 DUNDD001041 32 34 100 2.0 498 2030 2.54
DUNDD006 DUNDD001042 34 36 100 2.0 296 3060 2.3
DUNDD006 DUNDD001043 36 38 100 2.0 965 2250 2.84
DUNDD006 DUNDD001044 38 40 100 2.0 556 2910 7.49
DUNDD006 DUNDD001045 40 42 100 2.0 538 1115 2.52
DUNDD006 DUNDD001046 42 44 100 2.0 560 679 1.91
DUNDD006 DUNDD001047 44 46 100 2.0 413 607 2
DUNDD006 DUNDD001048 46 48 100 2.0 324 109 2.25
DUNDD006 DUNDD001049 48 50 100 2.0 634 190.5 1.93
DUNDD006 DUNDD001050 50 52 100 2.0 324 931 2.6
DUNDD006 DUNDD001051 52 54 100 2.0 181 865 3.04
DUNDD006 DUNDD001052 54 56 100 2.0 377 533 1.65
DUNDD006 DUNDD001053 56 58 100 2.0 299 517 2.13
DUNDD006 DUNDD001054 58 60 100 2.0 408 468 1.64
DUNDD006 DUNDD001055 60 62 100 2.0 304 510 1.94
DUNDD006 DUNDD001056 62 64 100 2.0 410 528 1.8
DUNDD006 DUNDD001057 64 66 100 2.0 196 399 1.26
DUNDD006 DUNDD001058 66 68 100 2.0 270 504 1.57
DUNDD006 DUNDD001059 68 70 100 2.0 273 179 1.77
DUNDD006 DUNDD001060 70 72 100 2.0 348 84.4 1.86
DUNDD006 DUNDD001061 72 74 100 2.0 412 129.5 1.94
DUNDD006 DUNDD001062 74 76 100 2.0 383 87.6 2.84
DUNDD006 DUNDD001063 76 78 100 2.0 182 106.5 2.84
DUNDD006 DUNDD001064 78 80 100 2.0 358 110.5 3.92
DUNDD006 DUNDD001065 80 82 100 2.0 404 741 3.83
DUNDD006 DUNDD001066 82 84 100 2.0 279 1125 7.28
DUNDD006 DUNDD001067 84 86 100 2.0 241 143 5.65
DUNDD006 DUNDD001068 86 88 100 2.0 283 380 12

Page 6 of 11

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HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001069 88 90 100 2.0 248 1005 3.92
DUNDD006 DUNDD001070 90 92 100 2.0 269 1375 8.97
DUNDD006 DUNDD001071 92 94 100 2.0 292 1040 3.92
DUNDD006 DUNDD001072 94 96 100 2.0 388 1170 7.08
DUNDD006 DUNDD001073 96 98 100 2.0 239 1040 3.11
DUNDD006 DUNDD001074 98 100 100 2.0 190 1080 3.49
DUNDD006 DUNDD001075 100 102 100 2.0 333 887 5.24
DUNDD006 DUNDD001076 102 104 100 2.0 449 1040 2.99
DUNDD006 DUNDD001077 104 106 100 2.0 260 624 2.6
DUNDD006 DUNDD001078 106 108 100 2.0 310 585 1.94
DUNDD006 DUNDD001079 108 110 100 2.0 196 715 3.07
DUNDD006 DUNDD001080 110 112 100 2.0 312 717 2.94
DUNDD006 DUNDD001081 112 114 100 2.0 211 532 2.94
DUNDD006 DUNDD001082 114 116 100 2.0 265 661 2.96
DUNDD006 DUNDD001083 116 118 100 2.0 225 667 2.01
DUNDD006 DUNDD001084 118 120 100 2.0 286 521 2.21
DUNDD006 DUNDD001085 120 122 100 2.0 197 589 2.77
DUNDD006 DUNDD001086 122 124 100 2.0 312 490 4.35
DUNDD006 DUNDD001087 124 126.9 100 2.9 400 1080 8.35
DUNDD006 DUNDD001088 126.9 129 100 2.1 245 2280 38.2
DUNDD006 DUNDD001089 129 130 100 1.0 166 1340 17.2
DUNDD006 DUNDD001090 130 132 100 2.0 163 759 4.5
DUNDD006 DUNDD001091 132 134 100 2.0 231 677 4.68
DUNDD006 DUNDD001092 134 136 100 2.0 161 636 5.04
DUNDD006 DUNDD001093 136 138 100 2.0 528 643 8.81
DUNDD006 DUNDD001094 138 140 100 2.0 162 696 4.8
DUNDD006 DUNDD001095 140 142 100 2.0 313 678 4.74
DUNDD006 DUNDD001096 142 144 100 2.0 166 654 7.8
DUNDD006 DUNDD001097 144 146 100 2.0 211 854 15.65
DUNDD006 DUNDD001098 146 148 100 2.0 202 627 6.57
DUNDD006 DUNDD001099 148 150 100 2.0 241 544 4.88
DUNDD006 DUNDD001100 150 152 100 2.0 186 559 5.13
DUNDD006 DUNDD001101 152 154 100 2.0 195 786 8.76
DUNDD006 DUNDD001102 154 156 100 2.0 236 624 4.07
DUNDD006 DUNDD001103 156 158 100 2.0 204 536 4.51
DUNDD006 DUNDD001104 158 160 100 2.0 158 387 2.66
DUNDD006 DUNDD001105 160 162 100 2.0 145 376 2.63
DUNDD006 DUNDD001106 162 164 100 2.0 212 393 3.09
DUNDD006 DUNDD001107 164 166 100 2.0 193 567 4.17
DUNDD006 DUNDD001108 166 168 100 2.0 167 445 3.15
DUNDD006 DUNDD001109 168 170 100 2.0 223 426 3.01
DUNDD006 DUNDD001110 170 172 100 2.0 205 483 2.76
DUNDD006 DUNDD001111 172 174 100 2.0 101 331 2.25
DUNDD006 DUNDD001112 174 176 100 2.0 193 417 2.98
DUNDD006 DUNDD001113 176 178 100 2.0 201 334 2.49
DUNDD006 DUNDD001114 178 180 100 2.0 258 254 1.83
DUNDD006 DUNDD001115 180 182 100 2.0 164 242 1.76
DUNDD006 DUNDD001116 182 184 100 2.0 242 269 1.47

Page 7 of 11

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HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001117 184 186 100 2.0 175 198.5 1.16
DUNDD006 DUNDD001118 186 188 100 2.0 272 159 0.95
DUNDD006 DUNDD001119 188 190 100 2.0 465 155.5 0.76
DUNDD006 DUNDD001120 190 192 100 2.0 486 162 0.77
DUNDD006 DUNDD001121 192 194 100 2.0 232 166.5 0.97
DUNDD006 DUNDD001122 194 196 100 2.0 344 153.5 0.72
DUNDD006 DUNDD001123 196 198 100 2.0 165 147 0.6
DUNDD006 DUNDD001124 198 200 100 2.0 354 172 0.69
DUNDD006 DUNDD001125 200 202 100 2.0 252 166 0.66
DUNDD006 DUNDD001126 202 204 100 2.0 432 148.5 0.7
DUNDD006 DUNDD001127 204 206 100 2.0 354 154 0.82
DUNDD006 DUNDD001128 206 208 100 2.0 196 175 0.98
DUNDD006 DUNDD001129 208 210 100 2.0 308 225 1.11
DUNDD006 DUNDD001130 210 212 100 2.0 401 166.5 0.78
DUNDD006 DUNDD001131 212 214 100 2.0 281 164.5 1.39
DUNDD006 DUNDD001132 214 216 100 2.0 259 180 1.41
DUNDD006 DUNDD001133 216 218 100 2.0 237 154 1.52
DUNDD006 DUNDD001134 218 220 100 2.0 239 173 1.31
DUNDD006 DUNDD001135 220 222 100 2.0 325 117 1.82
DUNDD006 DUNDD001136 222 224 100 2.0 293 116.5 1.16
DUNDD006 DUNDD001137 224 226 100 2.0 460 72.2 0.59
DUNDD006 DUNDD001138 226 228 100 2.0 171 155 0.95
DUNDD006 DUNDD001139 228 230 100 2.0 153 219 1.13
DUNDD006 DUNDD001140 230 232 100 2.0 300 119 0.67
DUNDD006 DUNDD001141 232 234 100 2.0 370 106.5 0.47
DUNDD006 DUNDD001142 234 236 100 2.0 219 160.5 0.81
DUNDD006 DUNDD001143 236 238 100 2.0 244 109.5 0.7
DUNDD006 DUNDD001144 238 240 100 2.0 318 53.2 0.31
DUNDD006 DUNDD001145 240 242 100 2.0 302 98 0.83
DUNDD006 DUNDD001146 242 244 100 2.0 320 112 0.49
DUNDD006 DUNDD001147 244 246 100 2.0 303 134 0.66
DUNDD006 DUNDD001148 246 248 100 2.0 468 111 0.73
DUNDD006 DUNDD001149 248 250 100 2.0 359 176.5 1.59
DUNDD006 DUNDD001150 250 252 100 2.0 236 133.5 0.93
DUNDD006 DUNDD001151 252 254 100 2.0 411 111 3.51
DUNDD006 DUNDD001152 254 256 100 2.0 818 132 1.47
DUNDD006 DUNDD001153 256 258 100 2.0 201 153.5 1.36
DUNDD006 DUNDD001154 258 260 100 2.0 190 101.5 0.73
DUNDD006 DUNDD001155 260 261.4 100 1.4 189 94 4.56
DUNDD006 DUNDD001156 261.4 262 100 0.6 680 98.8 2.07
DUNDD006 DUNDD001157 262 264 100 2.0 729 92.8 1.02
DUNDD006 DUNDD001158 264 266 100 2.0 283 117.5 1.91
DUNDD006 DUNDD001159 266 268 100 2.0 210 121 2.53
DUNDD006 DUNDD001160 268 270 100 2.0 190 128.5 2.7
DUNDD006 DUNDD001161 270 272 100 2.0 246 115 1.44
DUNDD006 DUNDD001162 272 274 100 2.0 369 134 0.68
DUNDD006 DUNDD001163 274 276 100 2.0 485 77.1 0.58
DUNDD006 DUNDD001164 276 278 100 2.0 263 90.8 0.89

Page 8 of 11

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HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001165 278 280 100 2.0 179 84.6 0.96
DUNDD006 DUNDD001166 280 282 100 2.0 221 88.3 1.2
DUNDD006 DUNDD001167 282 284 100 2.0 240 105 1.25
DUNDD006 DUNDD001168 284 286 100 2.0 324 82.7 0.97
DUNDD006 DUNDD001169 286 288 100 2.0 377 127 2.11
DUNDD006 DUNDD001170 288 290 100 2.0 277 77.4 1.03
DUNDD006 DUNDD001171 290 292 100 2.0 269 77.2 1.18
DUNDD006 DUNDD001172 292 294 100 2.0 242 166.5 1.08
DUNDD006 DUNDD001173 294 296 100 2.0 298 151.5 0.96
DUNDD006 DUNDD001174 296 298 100 2.0 365 146 1.7
DUNDD006 DUNDD001175 298 300 100 2.0 355 210 1.57
DUNDD006 DUNDD001176 300 302 100 2.0 351 155.5 3.66
DUNDD006 DUNDD001177 302 304 100 2.0 166 231 2.14
DUNDD006 DUNDD001178 304 306 100 2.0 287 122.5 1.53
DUNDD006 DUNDD001179 306 308 100 2.0 400 171.5 1.19
DUNDD006 DUNDD001180 308 310 100 2.0 297 185 2.05
DUNDD006 DUNDD001181 310 312 100 2.0 476 145 1.04
DUNDD006 DUNDD001182 312 314 100 2.0 251 185 1.14
DUNDD006 DUNDD001183 314 316 100 2.0 479 110 5.43
DUNDD006 DUNDD001184 316 318 100 2.0 547 132 0.78
DUNDD006 DUNDD001185 318 320 100 2.0 224 161 1.3
DUNDD006 DUNDD001186 320 322 100 2.0 229 105 0.97
DUNDD006 DUNDD001187 322 324 100 2.0 363 129 2.79
DUNDD006 DUNDD001188 324 326 100 2.0 214 107 1.12
DUNDD006 DUNDD001189 326 328 100 2.0 317 125 0.76
DUNDD006 DUNDD001190 328 330 100 2.0 379 126 1.37
DUNDD006 DUNDD001191 330 331.9 100 1.9 214 124 2.87
DUNDD006 DUNDD001192 331.9 334 80 2.1 266 129.5 2.46
DUNDD006 DUNDD001193 334 336 100 2.0 337 123.5 0.76
DUNDD006 DUNDD001194 336 338 100 2.0 292 186 3.85
DUNDD006 DUNDD001195 338 340 100 2.0 408 168 2.31
DUNDD006 DUNDD001196 340 342 95 2.0 1050 99.9 0.7
DUNDD006 DUNDD001197 342 344 100 2.0 331 133.5 0.88
DUNDD006 DUNDD001198 344 346 100 2.0 428 157 0.93
DUNDD006 DUNDD001199 346 348 100 2.0 527 192 1.1
DUNDD006 DUNDD001200 348 350 100 2.0 433 228 1.03
DUNDD006 DUNDD001201 350 352 100 2.0 409 102.5 1.91
DUNDD006 DUNDD001202 352 354 100 2.0 370 359 29.3
DUNDD006 DUNDD001203 354 356 100 2.0 118 331 11.3
DUNDD006 DUNDD001204 356 358 100 2.0 655 141.5 17.25
DUNDD006 DUNDD001205 358 360 100 2.0 290 128 2.28
DUNDD006 DUNDD001206 360 362 100 2.0 223 184.5 1.68
DUNDD006 DUNDD001207 362 364 100 2.0 391 309 3.34
DUNDD006 DUNDD001208 364 366 100 2.0 162 385 2.59
DUNDD006 DUNDD001209 366 368 100 2.0 220 241 2.79
DUNDD006 DUNDD001210 368 370 100 2.0 176 192.5 1.69
DUNDD006 DUNDD001211 370 372 100 2.0 328 272 2.48
DUNDD006 DUNDD001212 372 374 100 2.0 241 413 2.65

Page 9 of 11

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HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001213 374 376 100 2.0 162 364 3.22
DUNDD006 DUNDD001214 376 378 100 2.0 312 358 1.89
DUNDD006 DUNDD001215 378 380 100 2.0 220 485 2.28
DUNDD006 DUNDD001216 380 382 100 2.0 293 312 1.76
DUNDD006 DUNDD001217 382 384 100 2.0 376 538 2.12
DUNDD006 DUNDD001218 384 386 100 2.0 426 427 2.36
DUNDD006 DUNDD001219 386 388 100 2.0 463 341 1.88
DUNDD006 DUNDD001220 388 390 100 2.0 531 412 1.53
DUNDD006 DUNDD001221 390 392 100 2.0 476 514 2.07
DUNDD006 DUNDD001222 392 394 100 2.0 234 216 5.05
DUNDD006 DUNDD001223 394 396 100 2.0 154 315 71.9
DUNDD006 DUNDD001224 396 398 100 2.0 473 283 7.54
DUNDD006 DUNDD001225 398 400 100 2.0 180 138 2.43
DUNDD006 DUNDD001226 400 402 100 2.0 158 158 1.17
DUNDD006 DUNDD001227 402 404 100 2.0 429 168.5 1.74
DUNDD006 DUNDD001228 404 406 100 2.0 469 332 7.44
DUNDD006 DUNDD001229 406 408 100 2.0 318 451 8.53
DUNDD006 DUNDD001230 408 410 100 2.0 383 213 1.3
DUNDD006 DUNDD001231 410 412 80 2.0 189 281 1.56
DUNDD006 DUNDD001232 412 414 100 2.0 455 336 1.86
DUNDD006 DUNDD001233 414 416.5 100 2.5 241 371 1.88
DUNDD006 DUNDD001234 416.5 418.2 100 1.7 384 998 21.4
DUNDD006 DUNDD001235 418.2 419.8 100 1.6 252 351 11.3
DUNDD006 DUNDD001236 419.8 422 100 2.2 138 308 0.89
DUNDD006 DUNDD001237 422 424 100 2.0 574 402 1.08
DUNDD006 DUNDD001238 424 426 100 2.0 244 561 1.63
DUNDD006 DUNDD001239 426 428 100 2.0 246 563 2.55
DUNDD006 DUNDD001240 428 430 100 2.0 304 540 2.3
DUNDD006 DUNDD001241 430 432 100 2.0 177 548 1.84
DUNDD006 DUNDD001242 432 434 100 2.0 232 433 1.81
DUNDD006 DUNDD001243 434 436 100 2.0 481 321 17.6
DUNDD006 DUNDD001244 436 438 100 2.0 317 505 2.66
DUNDD006 DUNDD001245 438 440 100 2.0 374 379 2.62
DUNDD006 DUNDD001246 440 442 100 2.0 437 358 8.26
DUNDD006 DUNDD001247 442 444 100 2.0 199 280 1.94
DUNDD006 DUNDD001248 444 446 100 2.0 242 287 3.41
DUNDD006 DUNDD001249 446 448 100 2.0 313 420 5.1
DUNDD006 DUNDD001250 448 450 100 2.0 299 199 2.35
DUNDD006 DUNDD001251 450 452.9 100 2.9 138 191.5 22.1
DUNDD006 DUNDD001252 452.9 453.5 100 0.6 127 160.5 230
DUNDD006 DUNDD001253 453.5 456 100 2.5 95 274 10.25
DUNDD006 DUNDD001254 456 459 100 3.0 218 161 13.2
DUNDD006 DUNDD001255 459 462 100 3.0 192 437 3.4
DUNDD006 DUNDD001256 462 465 100 3.0 220 268 4.45
DUNDD006 DUNDD001257 465 468 100 3.0 327 284 7.03
DUNDD006 DUNDD001258 468 471 100 3.0 115 323 2.53
DUNDD006 DUNDD001259 471 474 100 3.0 151 308 5.07
DUNDD006 DUNDD001260 474 477 100 3.0 149 335 6.25

Page 10 of 11

==> picture [66 x 74] intentionally omitted <==

HOLE ID SAMPLE FROM TO REC % INT.
(m)
Mo
(ppm)
Cu
(ppm)
Ag
(ppm)
DUNDD006 DUNDD001261 477 480 100 3.0 245 364 10.55
DUNDD006 DUNDD001262 480 482 100 2.0 587 191.5 1.84
DUNDD006 DUNDD001263 482 484 100 2.0 296 269 3.65
DUNDD006 DUNDD001264 484 486 100 2.0 304 856 11.15
DUNDD006 DUNDD001265 486 488.4 100 2.4 239 241 3.36

Page 11 of 11