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DATELINE RESOURCES LIMITED Interim / Quarterly Report 2018

Apr 29, 2018

64793_rns_2018-04-29_fd861189-2c63-4338-8dcf-12c98402de8f.pdf

Interim / Quarterly Report

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DATELINE RESOURCES LIMITED QUARTERLY ACTIVITIES REPORT As at 31 March 2018

Dateline Resources Limited (“the Company” or “Dateline” or “DTR”) is pleased to present its Activities Report for the Quarter ended 31 March 2018.

Project Number **Ownership ** Location
Udu SPL1387 100% Fiji
Udu SPL1396 100% Fiji
Udu SPL 1506 100% Fiji
Udu SPL 1507 100% Fiji
Gold Links Permitted Mine 34 Patented Claims 100% Colorado USA
Gold Links Permitted Mine 20 Unpatented Claims 100% Colorado USA
Lucky Strike Permitted Mine
and Mineral Hill Historic Mine
19 Patented Claims 100% Colorado USA
Lucky Strike Permitted Mine
and Mineral Hill Historic Mine
13 Unpatented Claims 100% Colorado USA

In the three months ending March 31, 2018, Dateline Resources Limited achieved several transformative milestones including

  1. Materially improved acquisition terms of the Gold Links and Lucky Strike Assets

  2. Confirmed the existence of a high‐grade zone of mineralisation at the Gold Links Mine

  3. Acquiring all the freehold land that hosts the Gold Links Mine

  4. Entering into an agreement to acquire the freehold land that hosts the Historic Raymond and Carter Mines and abuts the Gold Links Mine

More detail on each milestone and its significance are detailed under the sections below.

Gold Links

Change in ownership and acquisition terms

The Company successfully negotiated the acquisition of the freehold land that hosts the Gold Links Mine. Before acquiring the freehold land, the Company only had the rights to acquire the lease‐hold over the land that hosts the Gold Links mine.

United States Law gives the landowner the rights to all minerals found on or under the property that is owned. In addition to acquiring the freehold land that hosts the Gold Links Mine, the Company successfully re‐negotiated the terms of sale with the vendor of the Gold Links Leasehold.

Because of the combination of acquiring the freehold land and renegotiating the terms of the acquisition of the leasehold, the Company now owns tangible assets in the form of the

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real property, buildings, mining equipment and infrastructure. The revised terms include contingent payments to the vendors that do not encumber our tangible assets.

The benefit of the changes in ownership and deal structure means the Company is no longer under pressure to meet short term payments to any vendors associated with the Gold Links Mine.

The Company is now focused on digitising all available historical data on the Gold Links Mine and expects to have a complete 3D model of the project by the end of May 2018

Development and Exploration

As announced on February 21, 2018, The Company received encouraging assay results from its exploration and drilling program at the Gold Links Mine.

Assay highlights received from Hazen Labs using Estimated True Width include:

  • 1.9m @ 80.0 g/t Au equivalent

  • 2.2m @ 34.8 g/t Au equivalent including 0.9m @ 118.5 g/t Au equivalent

  • 1.3m @ 36.6 g/t Au equivalent

  • 1.9m @ 29.7 g/t equivalent including 0.4m @ 66.4g/t Au equivalent

  • 0.9m @ 98.1 g/t Au equivalent including 0.35m @ 98.1 g/t Au equivalent

  • 0.3m @ 223 g/t Au equivalent

The encouraging drill hole results coupled with the dimensions and location of the mineralisation requires that we move forward cautiously and avoid sterilisation of potentially mineable areas in and around the identified 9900 mineralised zone.

A complete list of results from the exploration program is attached to this report as “Table 1”.

Permitting

There were no new permitting requirements for the March’18 quarter.

Compliance

The Company remains in compliance of all regulatory requirements.

Sacramento zone

The Sacramento zone forms part of the Gold Links mine and is located a few hundred metres away from the 2150 Gold Links vein.

On reviewing further data that was assembled by previous operators, the Company has located all the historical drill hole collars.

Dateline has identified several errors in the historical drill hole reporting. These errors include the stated angles and location of drill holes. Dateline’s preliminary assessment is that some of the holes were not drilled deep enough and as such missed intersecting the Sacramento vein.

The Company is currently planning an exploration program that will include drilling at the Sacramento zone.

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Carter and Raymond Mines

On March 14, 2018 the Company announced that it had entered into an agreement to acquire the 1300 acres of freehold land that hosts the historic Raymond and Carter Mines. This land parcel abuts our Gold Links property and has known vein structures that appear to be extensions of the veins identified at the Gold Links mine.

The Carter Mine was in production until 1982. An Atlas Minerals non JORC compliant Estimated Mineral Resource report claimed that the Raymond and Carter properties hosted 1.5million tonnes at 15.5 grams per tonne for a total of 750,000 ounces of gold.

This report cannot be verified and there is no JORC compliant evidence that the report is correct and nor is DTR stating that it will be successful in confirming this estimate. As part of our near‐term strategy, we intend to conduct a JORC compliant exploration program over the area and report the results as they become available.

The Company has agreed to purchase the land from the Bankruptcy Trustee (‘Vendor’) for a total of USD2,000,000 and has to date paid a refundable deposit of 10%. The Vendor must fulfil certain conditions precedent to Dateline’s satisfaction before the contract becomes unconditional.

The Company has 30 days from the date that the Vendor fulfils the conditions precedent to back out of the transaction (‘back‐out period’) and receive its deposit back in full. If Dateline does not back out of the transaction within 30 days then the balance of the purchase price (USD1,800,000) is due to the vendor within 60 days of the expiration of the back‐out period. To date the Vendor has not fulfilled the conditions precedent and the overall 90‐day period to make payment has not started.

The Company has the right to waive any of the conditions precedent at its discretion and proceed with the transaction at any time.

Figure 1 illustrates Dateline’s post completion of the transaction combined freehold land holding in the district that hosts the Gold Links, Raymond and Carter mines (red lines) and the map of the old workings (blue lines). Dateline believes that these 3 mines are a part of the same mineralised system and have a strike distance of up to 4km. The area in between each of the Mines has been lightly explored and mainly from surface between 50 and 100 years ago.

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Figure 1

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The Lucky Strike Mine and Mill Assets

Change in ownership and acquisition terms

The Company successfully renegotiated the acquisition terms of the freehold land that hosts the Lucky Strike Mine and Mill (’Lucky Strike Assets’). The renegotiated terms now mean that as with the Gold Links Mine, we own 100% of all the real property, mineral rights, mining, milling and processing infrastructure and equipment.

The Lucky Strike Assets form a part of our tangible assets base in Colorado and the revised acquisition terms include contingent payments to the vendors that do not encumber our tangible assets.

The benefit of the changes in ownership and deal structure means the Company is no longer under pressure to meet short term payments to any vendors associated with the Lucky Strike Mine.

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Lucky Strike Mine

The Lucky Strike mine is located under 50km away from the Gold Links mine and consists of several old mines that have not been worked since at least the early 1980’s and some a long time before that. Other Mine’s that form part of our Lucky Strike Project include the Mineral Hill and the Lula – The company will refer to these assets as the Lucky Strike Mine

After conducting a desktop review of the historical Lucky Strike Mine data, the company resolved to conduct small‐scale trenching along the property to test non‐JORC compliant statements about the existence of high grade mineralisation close to the surface.

As announced on April 18, 2018 the company successfully completed the trenching program and visible gold was found in the samples collected. The samples have been sent for assaying and results will be announced to the market once received.

Figure 2 : DTR Lucky Strike land holding covers 2.7km out of an approximate 5km NW/SE trending gold system. The area is dotted with numerous old timer surface workings.

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Figure 3 : Images of visible gold in grab samples taken from the near surface vein at Lucky Strike

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Permitting

There were no new permitting requirements for the March’18 quarter.

Compliance

The Company remains in compliance of all regulatory requirements

Lucky Strike Mill

During the March Quarter the Company progressed the commissioning of the Lucky Strike Mill using low grade development ore. The head grade feeding the mill ranged between 1.5‐ 2.5 grams per tonne. The Company has successfully created a clean Gold/Lead/Silver concentrate from this low‐grade material.

Assay results from the concentrate show 8.65 ounces to the tonne Gold and we are now waiting on a 32‐element test before commencing the marketing of the concentrate to the refiners and will update the market as soon as a

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Toll treating

The Company has advanced discussions with two parties about toll treating their ore. The discussions are at an advanced stage and we are now waiting of some technical tests on the ore before agreeing to proceed. The market will be advised of further progress once 100‐ year leach test and 32 element tests have been completed by the owners of the ore.

Permitting

No new permitting requirements for the March quarter

Compliance

The Company remains in compliance of all regulatory requirements

Udu – Fiji

The company is still waiting on the results of metallurgical test‐work being carried out on core samples which were collected from site in December 2017. We expect the test work to establish if the Udu ore is amenable to separation and floatation and if it is we would actively seek a JV partner that is interested in completing a PFS for a 500,000tpa mining operation at Udu

Finance

During the March’18 quarter the company raised by way of loan funds$1,930,000 to be used in its development, exploration and mill commissioning works program. A further $150,000 was raised by way of loan funds in April 2018.

On 16 April 2018, the Company announced that it is undertaking a 1 for 10 non‐ renounceable rights issue of up to 71,849,581 new fully paid ordinary shares in the Company (each, a New Share) at $0.03 per New Share to raise up to approximately $2,155,500 before costs.

The funds raised under the rights issue will be used to advance the development of the Colorado projects.

Further Information

For more information, visit .www.datelineresources.com.au

John Smith Company Secretary Ph : +61 2 8231 6640 Fax +61 2 8231 6487 Email : [email protected]

Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
Cu (ppm) **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
2694373.4 1292099.8 9928.7 0.0 255.0 139.0 P359130 47.5 48.5 0.10 6.99 0.2 110.0 139.0 8.8 7.0 2.1 30.8
P359131 110.0 113.0 2.81 63.70 3.8
REY‐3 P359132 113.0 118.5 20.20 47.60 20.9
P359133 124.5 126.0 0.10 1.50 0.1
P359134 126.0 134.0 0.10 15.80 0.3
2694282.8 1292001.9 9907.8 ‐10.0 278.0 123.0 P358478 69.0 71.0 0.10 1.50 0.1 71.0 84.0 4.0 2.6 1.2 29.0
P358479 71.0 75.0 0.10 1.50 0.1
P358480 75.0 77.0 0.96 3.86 1.0
REY4 P358481 77.0 79.0 34.00 43.70 34.7
P358482 79.0 81.0 0.10 1.50 0.1
P358483 81.0 83.0 0.10 3.43 0.2
P358484 83.0 85.0 0.10 1.50 0.1
P358485 85.0 87.0 0.10 1.50 0.1
REY‐5 2694287.1 1292001.3 9918.1 58.0 278.0 66.0 P358486 33.0 35.0 0.10 1.50 0.1 39.0 51.0 12.0 3.5 2.1 36.5
P358487 35.0 37.0 0.10 1.50 0.1
P358488 37.0 39.0 0.34 1.50 0.4
P358489 39.0 41.0 0.24 4.57 0.3
P358490 41.0 46.0 0.10 1.50 0.1
P358491 46.0 48.5 0.10 9.88 0.2
P358492 48.5 51.0 40.50 329.00 45.4
P358493 51.0 53.0 0.55 32.50 1.0
P358494 53.0 55.5 1.54 19.20 1.8
2694283.5 1292000.2 9907.7 ‐10.0 260.0 100.0 P359135 77.0 79.2 0.10 1.50 0.1 79.2 91.0 3.6 2.4 2.4 71.2
P359136 79.2 81.0 86.50 61.40 87.4
REY‐6 P359137 81.0 83.0 0.62 20.90 0.9
P359138 83.0 85.0 0.96 17.80 1.2
P359139 85.0 87.0 0.72 14.10 0.9
P359140 87.0 89.0 0.41 3.62 0.5
P359141 89.0 91.0 90.60 150.00 92.9
P359142 91.0 93.0 0.10 1.50 0.1
2694283.5 1292000.2 9909.7 10.0 260.0 84.7 P358495 53.0 55.0 0.10 1.50 0.1 57.0 70.0 4.0 3.6 3.0 37.2
P358496 55.0 57.0 0.10 1.50 0.1
P358497 57.0 59.0 0.96 4.27 1.0
P358498 59.0 61.0 27.30 45.10 28.0
REY‐7 P358499 61.0 63.0 9.60 26.60 10.0
P358500 63.0 66.0 12.30 26.90 12.7
P358401 66.0 68.0 11.10 18.10 11.4
P358402 68.0 70.0 0.10 1.50 0.1
P358403 70.0 72.0 0.10 1.50 0.1
REY‐8 2694282.9 1292000.3 9914.2 35.0 260.0 65.0 P359143 39.0 41.0 0.10 1.50 0.1 41.0 53.0 3.7 3.6 3.0 9.8
P359144 41.0 43.0 0.10 1.50 0.1
P359145 43.0 45.0 0.10 1.50 0.1
P359146 45.0 47.0 0.41 6.76 0.5
P359147 47.0 49.0 0.69 3.80 0.7
P359148 49.0 51.0 3.39 14.00 3.6
P359149 51.0 53.0 8.84 31.20 9.3
P359150 53.0 55.0 2.09 7.56 2.2
Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** Pb (ppm) Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
2694286.7 1292000.2 9918.7 55.0 260.0 66.0 P358460 36.0 39.0 0.10 1.50 0.1 39.0 56.0 5.2 4.9 2.1 41.4
P358461 39.0 41.0 0.24 1.50 0.3
P358462 41.0 43.0 0.10 1.50 0.1
P358464 43.0 46.0 0.10 1.50 0.1
P358465 46.0 49.0 0.10 7.21 0.2
REY‐9 P358466 49.0 52.0 4.56 11.30 4.7
P358467 52.0 54.0 50.90 88.20 52.2
P358469 54.0 56.0 8.57 11.10 8.7
P358470 56.0 58.0 0.10 1.50 0.1
P358471 58.0 61.0 0.10 1.50 0.1
P358472 61.0 63.0 0.10 1.50 0.1
REY‐11 2694280.0 1292000.2 9910.6 10.0 278.0 74.2 P358451 45.0 47.0 0.10 3.36 0.2 53.0 59.2 1.9 1.7 0.7 14.7
P358452 47.0 49.0 0.10 1.50 0.1
P358453 49.0 51.0 0.10 1.50 0.1
P358454 51.0 53.0 0.10 1.50 0.1
P358455 53.0 55.0 0.10 1.50 0.1
P358456 55.0 57.0 0.10 4.43 0.2
P358457 57.0 59.2 21.20 52.00 22.0
P358458 59.2 61.0 0.10 3.91 0.2
P358459 61.0 63.0 0.10 1.50 0.1
REY‐12 2694282.9 1291999.1 9915.4 35.0 278.0 62.0 P358473 41.0 45.0 2.85 20.10 3.2 41.0 51.0 3.1 3.1 3.7 8.5
P358474 45.0 47.0 0.10 11.40 0.3
P358475 47.0 49.0 0.45 4.42 0.5
P358476 49.0 51.0 5.49 30.80 6.0
P358477 51.0 53.0 0.55 10.40 0.7
2694222.0 1291902.0 9898.2 ‐12.0 304.0 86.0 P358411 67.0 69.0 0.10 5.39 0.2 0.02 0.017 0.199 69.0 80.0 3.4 2.2 2.2 34.8
REY‐14 P358412 69.0 71.0 0.48 4.73 0.6 0.033 0.079 0.083
P358413 71.0 73.6 0.82 12.30 1.0 0.117 0.222 0.228
P358415 73.6 76.6 0.62 19.00 0.9 0.098 0.176 0.074
P358417 76.6 78.0 116.00 168.00 118.5 0.152 2.65 0.813
P358418 78.0 80.0 0.62 6.25 0.7 0.05 0.149 0.652
P358419 80.0 82.0 0.10 6.65 0.2 0.137 0.159 0.703
REY‐15 2694221.61 1291901.77 9900.96 22.0 304 51.0 P358410 30.7 32.7 3.05 15.60 3.3 0.094 0.308 0.107 30.7 32.7 0.6 0.6 0.6 1.97
REY‐76 2694279.0 1291998.6 9913.3 45.0 269.0 70.0 P358610 38.6 40.6 0.1 3.4 0.1 288 361 1120 40.6 43.6 3.6 3.6 1.8 41.5
P358611 40.6 43.6 3.4 16.8 3.7 327 7210 438
P358612 43.6 46.6 0.1 5.5 0.2 85 1810 162
P358614 46.6 49.6 0.1 1.5 0.1 123 2380 141
P358615 49.6 52.5 41.1 152.0 43.1 1130 19500 767
P358616 52.5 54.5 0.1 4.8 0.2 297 2010 745
REY‐78 2694309.9 1292036.2 9919.8 38.0 302.0 67.0 P358618 47.6 49.6 10.40 45.40 11.0 258 7550 260 47.6 55.4 2.4 2.4 0.6 0.1
P358619 49.6 52.0 0.10 1.50 0.1 54 89 458
P358620 52.0 55.4 0.10 1.50 0.1 28 109 410
REY‐79 2694312.24 1292034.30 9922.56 57.0 302.0 56.0 P358621 49.0 54.0 8.81 11.10 9.0 181 1040 984 49.0 54.0 1.5 1.5 1.5 13.43
REY‐81 2694266.3 1291971.8 9902.2 ‐19.0 290.0 91.3 P358622 80.5 82.5 0.31 13.30 0.5 734 227 969 82.5 88.5 1.8 1.0 1.3 10.5
P358623 82.5 85.3 14.70 23.70 15.0 265 1140 1200
P358624 85.3 88.5 6.38 14.10 6.6 256 934 1150
P358625 88.5 90.5 0.10 11.20 0.2 345 1250 1800
Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
2694266.5 1291971.8 9902.6 ‐12.0 290.0 87.4 P358627 66.8 69.6 0.10 10.80 0.2 510 633 1570 69.6 77.6 2.4 1.6 1.2 17.3
REY82 P358628 69.6 73.3 0.31 19.50 0.6 618 1830 994
P358629 73.3 76.0 32.80 34.60 33.3 605 2940 4150
P358630 76.0 77.6 0.10 11.30 0.2 254 376 315
2694266.4 1291971.8 9902.9 ‐4.0 290.0 77.0 P358675 59.0 61.0 0.48 6.23 0.6 485 2100 6330 61.0 64.0 0.9 0.7 1.1 21.8
REY‐83 P358676 61.0 64.0 32.10 37.40 32.7 181 3710 796
P358678 64.0 66.0 0.10 1.50 0.1 147 492 977
2694259.4 1291963.4 9903.4 11.0 297.0 68.0 P358679 42.3 44.7 0.10 8.82 0.2 235 609 297 44.7 49.0 1.3 1.2 2.1 24.4
P358680 44.7 47.5 3.15 17.40 3.4 195 2940 599
REY84 P358681 47.5 49 48.20 96.10 49.6 457 8180 1120
P358683 49 52 0.69 4.88 0.8 76 1420 427
P358684 52 54 0.21 1.50 0.2 45 672 594
P358685 54 56 0.10 1.50 0.1 48 547 834
REY‐85 2694259.8 1291963.2 9904.9 24.0 297.0 60.0 P358686 34 37 0.10 1.50 0.1 292 1270 547 37.0 46.5 2.9 2.8 2.8 8.7
P358687 37 38.2 3.15 19.20 3.4 23 1160 34
P358688 38.2 40 0.99 3.50 1.0 24 1480 28
P358689 40 42 1.78 5.92 1.9 10 1120 75
P358690 42 46.5 3.94 32.50 4.4 81 7060 72
P358691 46.5 49 0.10 3.01 0.1 213 3700 803
P358700 29.3 33.3 0.10 1.50 0.1 97 500 269
REY‐86 2694260.7 1291962.7 9907.0 41.0 297.0 58.0 P358701 33.3 36.3 0.51 1.50 0.5 159 1870 309 33.3 43.5 3.1 3.1 3.1 37.1
P358702 36.3 39 0.48 9.16 0.6 27 12200 36
P358703 39 43.5 20.00 429.00 26.4 126 1860 87
P358704 43.5 48 0.10 1.50 0.1 211 1860 1950
REY‐87 2694261.9 1291962.2 9909.4 58.0 297.0 55.0 P358718 29.8 31.8 0.10 1.50 0.1 141 308 310 31.8 37.0 1.6 1.5 3.4 13.2
P358719 31.8 33.8 0.34 1.50 0.4 129 866 282
P358720 33.8 37 0.55 7.25 0.7 436 3380 720
P358722 37 39 0.79 5.12 0.9 205 1880 271
P358723 39 41 2.64 18.00 2.9 229 4110 366
P358724 41 43.5 10.90 49.40 11.6 295 17600 332
P358725 43.5 45.5 3.09 10.70 3.3 183 4840 356
REY‐88 2694263.1 1291961.6 9911.5 70.0 290.0 58.5 P358712 29 32.5 2.57 7.60 2.7 140 667 266 43.0 49.3 1.9 1.6 2.5 13.0
P358713 32.5 36 0.10 1.50 0.1 225 1350 558
P358714 36 40 0.10 1.50 0.1 201 2250 956
P358715 40 43 0.10 3.47 0.2 184 2430 746
P358716 43 48.4 5.52 41.20 6.1 159 4830 246
P358717 48.4 49.3 9.08 42.80 9.7 167 20300 277
2694265.7 1291960.4 9911.6 82.0 297.0 69.0 P358705 37.5 39.5 0.45 1.50 0.5 267 3210 1110 39.5 49.0 2.9 2.1 3.1 16.6
P358706 39.5 44.5 30.10 35.30 30.6 301 5660 483
REY89 P358708 44.5 49 2.19 11.90 2.4 166 898 1190
P358709 49 51 0.10 1.50 0.1 141 1400 611
P358710 51 53 0.10 1.50 0.1 235 680 375
P358711 64.5 67 25.80 66.90 26.8 554 15200 338
Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
2694247.3 1291947.3 9899.0 ‐17.0 290.0 106.5 P358631 69.8 73 0.10 1.50 0.1 44 1130 1830 78.0 85.8 2.4 1.3 1.3 23.2
P358632 73 75 0.10 1.50 0.1 39 2640 1570
P358633 75 78 0.10 1.50 0.1 19 1680 2440
P358634 78 83 3.84 20.40 4.1 487 10800 3780
P358636 83 85.8 35.50 461.00 42.4 4300 272000 12200
REY‐90 P358638 85.8 87.8 0.10 3.55 0.2 223 9430 16500
P358639 87.8 90.8 0.10 1.50 0.1 2930 608 1880
P358640 90.8 92.8 0.10 3.48 0.2 601 581 2530
P358641 92.8 94.4 0.10 1.50 0.1 253 404 6960
P358642 94.4 97 0.27 1.50 0.3 121 449 948
P358643 97 99 0.10 1.50 0.1 22 72 722
2694247.7 1291947.2 9899.4 ‐10.0 290.0 93.0 P358644 62 67.7 0.24 1.50 0.3 411 3440 1110 67.7 76.7 2.7 1.9 1.9 29.7
REY‐91 P358645 67.7 70.6 3.29 55.00 4.1 3110 31500 12500
P358646 70.6 72 7.10 21.30 7.4 390 12500 964
P358647 72 75 2.81 20.70 3.1 702 11900 1110
P358649 75 76.7 62.90 234.00 66.4 3700 46300 58500
P358651 76.7 81 0.10 1.50 0.1 99 1650 4530
P358652 81 83 0.10 1.50 0.1 8 219 1410
REY‐92 2694248.0 1291947.2 9900.2 0.0 290.0 83.0 P358653 40 45 0.10 3.89 0.2 16 283 110 45.0 62.0 5.2 4.0 4.0 25.0
P358654 45 50.3 1.10 11.30 1.3 73 995 213
P358655 50.3 53.2 13.70 84.20 15.0 308 6800 738
P358656 53.2 58 2.88 12.70 3.1 850 2870 5750
P358658 58 62 9.50 44.00 10.2 3110 26500 1920
P358659 62 64 0.10 1.50 0.1 80 730 1290
2694250.2 1291946.6 9903.3 27.0 290.0 83.0 P358660 31 33 1.92 8.26 2.0 77 778 176 33.0 39.8 2.1 2.1 2.9 87.8
P358661 33 35 0.10 1.50 0.1 125 1460 105
REY-93 P358662 35 37 1.06 4.73 1.1 253 6720 265
P358663 37 39.8 2.33 9.01 2.5 245 5440 338
P358664 39.8 44.2 0.10 4.62 0.2 115 1060 213
P358666 47.2 48.2 205.00 1200.00 223.0 318 285000 141
2694250.3 1291946.6 9906.2 45.0 290.0 45.0 P358671 28.4 32.4 0.65 6.58 0.7 153 4220 103 32.4 37.7 1.6 1.6 2.8 54.7
REY-94 P358672 32.4 34.2 52.00 376.00 57.6 427 14400 233
P358673 34.2 37.7 20.90 39.80 21.5 125 4020 167
P358674 37.7 39.7 0.21 1.50 0.2 67 840 369
2694292.1 1292016.9 9910.1 ‐10.0 278.0 118.0 P358728 90.5 92.0 0.10 1.50 0.1 150 2420 389 92.0 98.6 2.0 1.4 0.4 14.7
P358729 92.0 95.0 0.10 5.11 0.2 126 894 291
REY99 P358731 95.0 97.0 36.00 43.60 36.7 215 2380 513
P358733 97.0 98.6 0.10 8.86 0.2 196 9230 359
P358734 98.6 101.0 0.10 1.50 0.1 159 1740 114
P358735 101.0 104.0 0.10 1.50 0.1 100 572 823
REY‐101 2694290.9 1292016.7 9912.2 7.0 278.0 88.0 P358736 61.8 64.6 2.63 6.37 2.7 167 1770 143 61.8 66.5 1.4 1.2 0.9 2.3
P358737 64.6 66.5 0.62 4.93 0.7 291 1020 485
P358738 66.5 68.5 0.10 1.50 0.1 215 731 516
Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone Drill hole information and Assay results for holes inside the 9900‐mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
REY‐102 2694294.1 1292016.3 9913.2 11.0 278.0 70.0 P358739 55 56.7 0.21 1.50 0.2 263 1960 640 56.7 61.3 1.4 1.2 1.2 1.8
P358740 56.7 58.7 0.45 1.50 0.5 74 1460 154
P358741 58.7 61.3 2.19 9.14 2.3 247 6400 339
P358743 61.3 64.3 0.27 1.50 0.3 229 2570 336
REY‐103 2694291.6 1292016.5 9913.5 22.0 278.0 65.0 P358746 48 51 0.21 1.50 0.2 168 599 361 53.0 54.0 0.3 0.3 0.9 1.1
P358747 51 53 0.65 1.50 0.7 211 1910 433
P358748 53 54 2.02 5.51 2.1 124 1150 359
P358749 54 57 0.20 1.50 0.2 147 1290 328
REY‐104 2694292.5 1292016.2 9918.6 44.0 278.0 65.0 P358750 41.6 43.6 0.58 1.50 0.6 242 2190 737 43.6 46.8 1.0 1.0 1.6 9.02
P358751 43.6 46.8 8.60 19.50 8.9 544 4380 609
P358752 46.8 49 0.10 1.50 0.1 908 5870 1600
REY‐105 2694293.8 1292016.2 9918.7 50.0 278.0 60.0 P358753 39.7 41.7 0.10 1.50 0.1 234 263 1320 41.7 44.0 0.7 0.7 0.7 0.36
P358754 41.7 44 0.46 3.11 0.5 467 1010 859
P358755 44 46 0.10 1.50 0.1 381 24 6780
2694298.2 1292015.5 9921.8 62.0 278.0 65.0 P358756 45.7 48 24.30 74.10 25.4 449 9850 530 45.7 53.0 2.2 2.1 2.1 19.60
REY‐107 P358757 48 50 0.69 5.20 0.8 282 2680 609
P3658758 50 53 2.43 15.30 2.7 191 2220 538
P358759 53 55 0.10 1.50 0.1 57 377 383
2694221.5 1291901.5 9898.6 0.0 304.0 68.0 P358761 44 46.1 0.10 1.50 0.1 41 255 348 46.1 54.4 2.5 2.0 2.0 21.70
REY‐109 P358762 46.1 48 6.41 19.10 6.7 650 1840 725
P358763 48 50 3.70 22.60 4.0 694 2880 1290
P358764 50 52.4 7.61 15.60 7.8 424 2650 466
P358765 52.4 54.4 24.30 73.00 25.3 632 10200 3130
P358766 54.4 57 0.10 1.50 0.1 367 5130 9950
2694221.5 1291901.2 9896.7 ‐20.0 304.0 114.0 P358767 94.8 96.8 0.10 1.50 0.1 10 398 6370 96.8 102.4 1.7 0.9 0.9 35.40
REY110 P358768 96.8 99 95.70 181.00 98.1 3140 40300 3990
P358770 99 102.4 1.10 11.90 1.3 342 2050 1690
P358771 102.4 104.6 0.10 7.42 0.2 297 755 2330
2694221.3 1291901.3 9897.0 ‐16.0 304.0 107.0 P358773 77.0 79.0 0.10 5.05 0.2 304 480 2020 83.0 89.5 2.0 1.2 2.1 96.53
P358774 79.0 81.0 0.24 3.81 0.3 227 4460 1170
P358775 81.0 83.0 1.92 11.30 2.1 402 7570 563
REY‐111 P358776 83.0 85.0 62.10 274.00 65.7 3110 111000 7250
P358778 85.0 87.0 73.50 460.00 79.6 5620 203000 7470
P358779 87.0 89.5 82.80 666.00 91.6 14600 204000 4590
P358781 89.5 92.5 1.85 1.50 1.9 72 29600 1040
P358782 94.7 96.7 0.1 1.5 0.1198 31 421 953
REY‐106 2694294.98 1292015.74 9921.5 62.0 278 6 Stopped short no samples
Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** Pb (ppm) Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
REY‐1 2694421.0 1292194.0 9928.4 0.0 270.0 137.7 P359112 19.0 21.0 0.10 1.50 0.1
P359113 21.0 22.7 0.10 1.50 0.1
P359114 22.7 27.4 2.40 12.50 2.6
P359115 27.4 29.0 0.10 1.50 0.1
P359116 29.0 32.0 0.10 1.50 0.1
P359117 32.0 34.0 0.10 1.50 0.1
P359118 34.0 36.0 0.10 1.50 0.1
P359119 36.0 41.0 1.47 4.07 1.5
P359120 41.0 43.0 0.41 8.84 0.5
P359121 43.0 45.0 0.10 1.50 0.1
P359122 45.0 47.0 0.24 4.30 0.3
P359123 47.0 48.8 0.27 1.50 0.3
P359124 48.8 51.0 0.10 1.50 0.1
P359125 51.0 53.0 0.10 1.50 0.1
P359126 73.0 75.0 0.10 1.50 0.1
P359127 75.0 77.7 0.10 1.50 0.1
P359128 77.7 83.0 0.10 1.50 0.1
REY‐2 2694373.44 1292105.76 9930.24 ‐8.0 240.0 183.0 P359129 43.0 44.0 0.41 6.99 0.5 43.0 43.5 0.5 0.4 0.4 0.18
REY‐13 2694221.9 1291901.9 9896.7 ‐27.0 304.0 154.0 P358420 125.5 127.5 0.10 1.50 0.1 0.001 0.01 0.013 127.5 140.5 4.0 1.7 1.5 1.6
P358421 127.5 131.0 0.62 29.80 1.1 0.005 0.051 0.079
P358422 131.0 134.0 0.10 1.50 0.1 0.008 0.057 0.147
P358423 134.0 137.0 0.38 1.50 0.4 0.006 0.064 0.052
P358424 137.0 140.5 0.10 1.50 0.1 0.002 0.024 0.06
P358425 140.5 142.5 0.10 1.50 0.1 0.002 0.041 0.075
REY‐16 2694223.3 1291900.3 9908.7 72.0 304.0 77.0 P358426 22.0 25.0 0.10 1.50 0.1 0.01 0.018 0.057 46.0 51.0 1.5 1.3 0.0 0.0
P358427 25.0 28.0 0.21 4.65 0.3 0.008 0.073 0.028
P358428 28.0 31.0 0.10 1.50 0.1 0.007 0.018 0.039
P358429 31.0 34.0 0.10 1.50 0.1 0.01 0.021 0.062
P358430 34.0 37.0 0.10 1.50 0.1 60 241 279
P358431 37.0 40.0 0.10 1.50 0.1 77 322 424
P358432 40.0 43.0 0.10 1.50 0.1 104 518 411
P358433 43.0 46.0 0.10 1.50 0.1 60 332 397
P358434 46.0 49.0 0.10 1.50 0.1 62 637 519
P358435 49.0 51.0 0.10 1.50 0.1 42 520 638
REY‐17 2694217.5 1291898.9 9895.4 ‐25.0 278.0 112.0 P358436 97 100 0.47 28.40 0.9 174 3960 833 97.0 107.0 3.0 3.0 1.8 5.2
P358438 100 103 0.10 317.00 4.9 1640 72 142
P358439 103 107 0.10 1.50 0.1 86 368 1190
REY‐18 2694216.9 1291898.0 9898.0 ‐10.0 278.0 110.0 P358440 38.5 40.5 0.27 1.50 0.3 380 848 1400 40.5 49.5 2.7 1.8 2.4 5.2
P358441 40.5 43.5 0.79 4.11 0.8 622 3080 1330
P358442 43.5 46.5 0.38 7.36 0.5 377 2470 738
P358443 46.5 49.5 0.96 9.37 1.1 302 5640 711
P358444 49.5 52.5 1.65 15.60 1.9 421 1790 671
REY‐19 2694218.59 1291899.35 9901.39 20.0 278 97 No Samples
REY‐20 2694221.62 1291899.9 9907.52 66.0 278 82 No Samples
Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
REY‐25 2694188.3 1291834.9 9883.5 ‐23.0 293.0 203.0 P358554 12.7 13.7 0.1 1.5 0.1 573 32 139
P358555 79.0 80.6 0.1 4.64 0.2 15 12 49
P358556 162.5 163.8 0.1 1.5 0.1 10 111 103
REY‐27 2694188.9 1291834.2 9890.3 33.0 293.0 92.0 P358560 17.0 18.0 0.1 1.5 0.1 104 170 737 18.0 19.7 0.5 0.5 0.0 0.0
P358561 18.0 19.7 0.1 1.5 0.1 53 251 314
P358562 19.7 23.7 0.1 1.5 0.1 27 230 213
REY‐28 2694193.01 1291832.79 9894.74 75.0 293 103 No Samples
REY‐30 2694187.5 1291832.2 9886.1 ‐3.0 265.0 98.0 P358445 33.0 35.0 0.10 1.50 0.1 116 1110 2630 35.0 40.4 1.6 1.2 2.3 1.4
P358446 35.0 38.0 0.10 1.50 0.1 34 682 1080
P358447 38.0 40.4 0.10 1.50 0.1 6 341 444
P358449 40.4 43.0 0.24 1.50 0.3 48 766 1100
P358450 43.0 46.0 0.10 1.50 0.1 65 966 849
P358551 46.0 49.0 0.10 1.50 0.1 17 617 934
P358552 49.0 52.0 0.583 3.15 0.6 46 1180 884
P358553 52.0 55.5 0.10 1.50 0.1 17 346 348
REY‐38 2694154.9 1291751.9 9871.0 ‐16.0 287.0 123.0 P358577 40 42 2.81 7.68 2.9 15 503 180 40.0 46.7 1.2 0.7 0.4 1.0
P358578 42 44 0.10 1.50 0.1 88 198 340
P358579 44 46.7 0.10 1.50 0.1 42 85 186
P358581 46.7 48.7 0.10 1.50 0.1 9 26 228
P358582 78.4 81.7 0.274 1.50 0.3 12 545 598
P358583 81.7 84.7 0.10 1.50 0.1 <4 133 238
REY‐39 2694153.9 1291751.8 9873.2 5.0 287.0 49.0 P358557 40.2 41.2 0.1 8.29 0.2 144 1020 2530 40.2 44.6 1.3 0.7 0.4 2.3
P358558 41.2 44.6 5.69 9.02 5.8 34 1540 1050
REY‐40 2694154.3 1291752.0 9879.2 45.0 287.0 57.0 P358564 20.9 22.9 0.1 1.50 0.1 29 158 1100 22.9 24.0 0.3 0.3 0.3 0.2
P358565 22.9 24.0 0.48 4.48 0.5 42 1130 1500
P358566 24.0 26.0 0.1 1.50 0.1 24 377 969
REY‐41 2694157.5 1291751.6 9881.4 80.0 287.0 99.0 P358567 43.7 45.7 0.1 1.50 0.1 195 586 905 45.7 47.3 0.5 0.4 0.4 0.4
P358568 45.7 47.3 0.686 35.4 1.2 668 2590 1360
P358569 47.3 49.3 0.1 1.50 0.1 103 48 840
REY‐42 2694153.5 1291750.1 9871.4 ‐13.0 267.0 133.0 P358570 41.7 43.7 0.1 1.50 0.1 21 34 116 43.7 49.2 1.7 1.0 1.0 0.8
P358571 43.7 46.7 0.909 1.50 0.9 55 737 1740
P358572 46.7 49.2 0.583 1.50 0.6 37 376 1720
P358573 49.2 51.2 0.1 1.50 0.1 51 56 888
P358574 72.8 74.8 0.1 1.50 0.1 <4 32 155
P358575 74.8 76.8 0.1 1.50 0.1 8 57 184
P358576 76.8 78.5 0.1 1.50 0.1 37 110 511
REY‐43 2694152.6 1291750.1 9873.0 3.0 267.0 103.0 P358584 41 43 0.1 1.50 0.1 125 49 1030 43.0 45.7 0.8 0.8 0.8 0.6
P358585 43 45.7 0.617 5.03 0.7 69 1500 1630
P358586 45.7 47.5 0.1 1.50 0.1 22 334 1130
P358587 57.2 59.7 0.206 3.21 0.3 105 892 1110
REY‐44 2694154.85 1291750.55 9876.43 32.0 267 74.0 P358588 34.7 37.3 0.1 1.50 0.1 8 175 167 34.7 37.3 0.8 0.8 0.0 0.00
REY‐45 2694156.4 1291750.7 9882.0 62.0 267.0 112.0 P358590 25 27 0.1 5.19 0.2 11 155 764
P358591 27 30 0.1 1.5 0.1 13 517 319
P358592 30 33 0.1 3.03 0.1 45 878 377
REY‐46 2694158.92 1291751.29 9882.11 85.0 267 128.0 P358593 48.0 49.7 0.58 17.50 0.8 314 2400 946 48.0 49.7 0.5 0.3 0.3 0.24
REY‐47 2694124.09 1291671.63 9886.17 ‐8.0 312.0 114.0 P358597 59.0 62.5 0.10 3.42 0.1 0.1 102 139 0.00
REY‐48 2694123.29 1291671.89 9861.77 17.0 312.0 109.0 P358598 35.0 37.0 0.10 1.50 0.1 0.1 157 193 35.2 35.8 0.2 0.2 0.0 0.00
Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone Drill hole information and Assay results for holes outside the mineralised zone
Hole # Easting Northing Elevation (ft) Plunge Azimuth Total
depth (ft)
SAMPLE FROM (ft) TO (ft) Au (g) Ag (g) AuEQ ($1250 Au,
$16.50 Ag)
**Cu (ppm) ** **Pb (ppm) ** Zn (ppm) 2150 vein True thickness
(m) >0.5 g/t
GxT
(gram metre)
From
(ft)
To (ft) Downhole
thickness (m)
True thickness
(m)
REY‐49 2694124.35 1291671.55 9866.98 52.0 312.0 108.0 No Samples
REY‐50 2694127.11 1291669.55 9867.82 80.0 312.0 97.0 No Samples
REY‐51 2694122.7 1291669.1 9857.9 ‐8.0 290.0 99.0 P358594 68.2 70.8 0.10 5.97 0.2 220 1420 1840 68.2 73.5 1.6 1.1 0.0 0.0
P358595 70.8 73.5 0.10 1.50 0.1 0.1 238 240
REY‐52 2694122.05 1291669.44 9860.34 17.0 290 99 No Samples
REY‐53 2694123.35 1291669.31 9866.42 52.0 290 97 No Samples
REY‐54 2694126.67 1291668.63 9867.73 80.0 290 103 No Samples
REY‐56 2694121.46 1291667.72 9861.66 15.0 270.0 188.0 P358600 28.0 30.0 0.10 1.50 0.1 10 109 160 28.0 32.0 1.2 1.1 0.0 0.00
REY‐57 2694122.38 1291667.56 9864.36 50.0 270.0 91.0 No Samples
REY‐58 2694124.87 1291667.91 9867.19 77.0 270.0 89.0 P358599 77.5 78.8 0.10 9.30 0.2 27 927 547 77.5 78.8 0.4 1.0 0.0 0.00
REY‐74 2694277.31 1291997.95 9905.63 ‐15.0 269.0 16.0 Stopped short no samples
REY‐75 2694278.5 1291998.5 9910.4 22.0 269.0 75.0 P358602 41.6 43.6 0.10 1.50 0.1 245 1110 369 49.6 52.5 0.9 0.9 0.9 1.9
P358603 43.6 45.6 0.10 1.50 0.1 280 818 416
P358604 45.6 47.6 0.10 1.50 0.1 626 2220 461
P358605 47.6 49.6 0.41 1.50 0.4 442 2980 595
P358607 49.6 52.5 1.89 15.10 2.1 1030 8570 714
P358609 52.5 54.5 0.10 1.50 0.1 227 1160 1580
REY‐80 2694315.44 1292032.88 9924.03 75.0 302.0 60.0 46.5 54.8 Hit Stope no samples
REY‐95 2694250.22 1291946.4 9908.65 65.0 290 15 Stopped short no samples hit stope
REY‐96 2694247.3 1291947.3 9898.6 ‐20.0 290.0 118.0 P358692 100.3 102 0.75 28.10 1.2 1200 1060 579 100.3 105.0 1.4 0.8 0.8 2.4
P358693 102 105 4.24 5.38 4.3 115 1690 1040
P358695 105 107 0.10 1.50 0.1 13 270 1000
P358696 107 110 0.10 1.50 0.1 26 91 299
P358697 110 113.5 0.10 1.50 0.1 <4 49 146
P358698 113.5 115.5 0.24 1.50 0.3 185 488 931
P358699 92.5 110.3 0.10 1.50 0.1 <4 45 389
REY‐97 2694247.36 1291947.28 9898.31 ‐25.0 290 58 Stopped short no samples
REY‐98 2694290.5 1292018.0 9909.3 ‐15.0 278.0 132.0 P358726 109.6 112.4 0.10 1.50 0.1 66 173 1320 107.3 114.9 2.3 1.3 0.0
P358727 112.4 114.9 0.10 3.72 0.2 35 201 1630
REY‐100 2694291.48 1292016.73 9910.72 ‐4.0 278 48 Stopped short no samples
REY‐108 2694214.09 1291890.09 9896.9 0.0 304 104 Stopped short no samples
REY‐119 2694155.11 1291753.84 9871.8 ‐16.0 287 59 P358822 39 41.5
REY‐120 2694185.37 1291785.49 9877.47 ‐12.0 125 914.7 P358744 54.8 55.8 0.1 1.5 0.1 98 14 90
P358772 386.2 387.2 0.1 1.5 0.1 108 <10 163
REY‐121 2694083.15 1291602.49 9845.18 ‐15 270 109 N Sl tk
REY‐122 2694082.78 1291602.36 9846.65 0 270 65.7 o ampes aen
REY‐123 2694113.31 1291647.93 9853.24 ‐15 267 28 P358823 9 10 0.1 1.5 0.1 10 75 109 10 11 0.300
P358824 10 11 0.48 4.06 0.5 21 202 224
P358825 11 13 0.1 1.5 0.1 18 263 257
REY‐124 2694113.35 1291647.52 9859.22 26 267 17 No Samples taken
REY‐125 2694220.6 1291900.66 9896.29 ‐27 285 129 P358826 114 116.6 0.1 1.5 0.1 48 137 1040 116.6 119 0.732 0.3 0.3 6.3
P358827 116.6 119 20.4 43.3 21.0 851 4480 4340
P358828 119 121.7 0.1 1.5 0.1 377 328 1230
REY‐126 2694220.38 1291900.67 9896.74 ‐22 285 104 P358829 89 93 0.1 3.05 0.1 92 374 784 93 96.8 1.158 0.5 0.5 9.5
P358830 93 96.8 18.4 49.5 19.1 1200 7960 7250
P358831 96.8 99 0.1 1.5 0.1 247 409 1460
REY‐127 2694220.23 1291900.73 9897.31 ‐12 285 99.7 N Sl tk
REY‐128 2694219.58 1291900.81 9898.27 0 285 80 o ampes aen

JORC Code, 2012 Edition – Table 1 report template

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 (eg cut channels, random chips, or
techniques 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 (eg ‘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 (eg
submarine nodules) may warrant disclosure of detailed information.
CRG Mining, LLC undertook 8,720 feet of core drilling in 91 drill
holes, and 74 channel samples were collect. Industry standard core
handling and sampling procedures were employed to insure high
quality samples.
Samples from drill holes and channel samples were sent to Hazen
Researach, Golden, Colorado for sample preparation and assay.
All samples followed a strict Chain of Custody.
All samples were prepared at Hazen Research. Samples were dried,
weighed, crushed and split to obtain 150 – 200 grams. All samples
are placed in ring and puck grinder to produce 90% minus 200 mesh
pulp. This material is blended on clean cloth and packaged in paper
pulp bags. Using pulp balance, a 30g sample is weighted out for
traditional fire assay. Samples were analyzed using standard fire
assay for gold and analyses for Ag, Cu, Pb and Zn using four-acid
digestion with AAS finish.
The sampling techniques used are deemed appropriate for the style
of exploration.
Drilling Drill type (eg core, reverse circulation, open-hole hammer, rotary air Drilling utilized diamond core drilling with wireline core barrels, bottom
techniques blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple discharge bits, split inner tubes and HQ or NQ core.
or standard tube, depth of diamond tails, face-sampling bit or other
_type, whether core is oriented and ifso, by what method, etc). _
Drill sample Method of recording and assessing core and chip sample recoveries Core was recovered using split inner tubes. Each core run was
recovery and results assessed. inspected and measured for core recovery length and placed in wax
Measures taken to maximise sample recovery and ensure coated cardboard core boxes for permanent storage.
representative nature of the samples. Bottom discharge bits allow the water to bypass the core and
Whether a relationship exists between sample recovery and grade minimizes erosion of soft materials. Split inner tubes enable
and whether sample bias may have occurred due to preferential enhanced core recovery in soft and/or highly fractured rock. Using
loss/gain of fine/coarse material. this technology gave acceptable core recovery and the ability to
examine the core with no disturbance before the core wasplaced in a

1

Criteria JORC Code explanation Commentary
core box for permanent storage.
No quantitative analysis of sample weights, sample condition,
recovery or repeatability has been undertaken.
Logging Whether core and chip samples have been geologically and Before logging the core, each box was photographed wet and dry.
geotechnically logged to a level of detail to support appropriate Geotechnical logging for rock quality, rock strength, and number of
Mineral Resource estimation, mining studies and metallurgical joints was completed. The core was logged by the on-site geologist,
studies. and sample intervals selected.
Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography. Detailed geologic logging of all core was completed by qualified CRG
The total length and percentage of the relevant intersections logged. Mining personnel. Geologic logging included lithology, alteration,
mineralization, structure, % recovery and rock strength.
Sub-sampling
If core, whether cut or sawn and whether quarter, half or all core
Intervals to be sampled were identified by the project geologist while
techniques taken. logging the core. Sample intervals were marked with permanent
and sample If non-core, whether riffled, tube sampled, rotary split, etc and marker in the core boxes and sample number tags stapled in each
preparation whether sampled wet or dry. interval. Samples are placed in a heavy duty pre-labelled plastic
For all sample types, the nature, quality and appropriateness of the sample bag. Each sample bag was marked with permanent marker
sample preparation technique. with sample number and a sample tag with the corresponding sample
Quality control procedures adopted for all sub-sampling stages to number was placed in each bag. Sample bags were sealed with zip
maximise representivity of samples. ties. Samples were sent by commercial truck or hand delivered by
Measures taken to ensure that the sampling is representative of the in
CRG Mining personnel to Hazen Research, Golden, Colorado.
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 All samples were assayed by industry standard methods by Hazen
assay data laboratory procedures used and whether the technique is considered Research, Golden, Colorado.
and partial or total. Fire assays for gold were completed using industry standard fire
laboratory For geophysical tools, spectrometers, handheld XRF instruments, etc,
assay methodology. Copper, lead and zinc were analyzed using four
tests the parameters used in determining the analysis including instrument acid digestion with AAS finish.
make and model, reading times, calibrations factors applied and their External certified standards and blank material were added to the
derivation, etc. sample submission. Acceptable levels of accuracy and precision
Nature of quality control procedures adopted (eg standards, blanks, were found.
duplicates, external laboratory checks) and whether acceptable levels
_of accuracy (ie lack of bias) and precision have been established. _

2

Criteria JORC Code explanation Commentary
Verification of
The verification of significant intersections by either independent or
sampling and alternative company personnel. Sampling, documentation and sample submittal were under the
assaying The use of twinned holes. guidance and care of Robert M. Perkins, certified professional
Documentation of primary data, data entry procedures, data geologist, CPG #11881 (American Institute of Professional
verification, data storage (physical and electronic) protocols. Geologists).
Discuss any adjustment to assay data. No verification of sampling and assaying has been undertaken.
Location of Accuracy and quality of surveys used to locate drill holes (collar and
data points down-hole surveys), trenches, mine workings and other locations All drill hole collars are surveyed by licensed surveyor using gps
used in Mineral Resource estimation. survey equipment.
Specification of the grid system used. Colorado State Plane, UTM zone 12, NAD 1983 coordinate system
Quality and adequacy of topographic control. was used for all surveying.
Downhole surveys are taken to confirm drill setup to be correct.
Data spacing Data spacing for reporting of Exploration Results.
and
distribution
Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral


The spacing and location of data is currently only being
Resource and Ore Reserve estimation procedure(s) and considered for exploration and resource estimation purposes.
classifications applied.
Whether sample compositing has been applied.

Drill data is currently being evaluated for its appropriateness in
estimating a mineral resource.

Gold equivalents calculated using $1250 Au and $16.50 Ag.
Orientation of Whether the orientation of sampling achieves unbiased sampling of
data in
relation to
geological
structure
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.
Drill holes are planned to drill perpendicular or near perpendicular to
the known mineralized structures. This gives a good approximation
of vein thickness and unbiased sampling.
Sample orientation is deemed to be representative for reporting
purposes.
Sample The measures taken to ensure sample security. All samples were taken and maintained under the constant care of CRG
security Mining personnel.

3

Criteria JORC Code explanation Commentary
Audits or The results of any audits or reviews of sampling techniques and data.
reviews Sampling techniques have been reviewed and approved by Dale
Sketchley, M.Sc., P. Geo. of Acuity Geoscience Ltd.

Section 2 Reporting of Exploration Results

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

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, location and ownership including All tenements are 100% owned by the companies and there exists
tenement and
agreements or material issues with third parties such as joint
production based royalties as previously disclosed to ASX
land tenure ventures, partnerships, overriding royalties, native title interests,
status 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 inthe area. _
Exploration Acknowledgment and appraisal of exploration by other parties. All previous work undertaken by is non- JORC compliant
done by other
parties
Geology Deposit type, geological setting and style of mineralisation.  The Gold Links Project is underlain by an Early Proterozoic
assemblage of fine‐grained meta‐sediments and interbedded meta‐
volcanics. These were intruded by Early Proterozoic granite,
pegmatite and gabbro. Tertiary age rhyolitic stocks, dikes and sills
intruded the Proterozoic rocks. The gold and silver mineralization
occurs in fissure quartz veins. The veins are characterized by a
tendency to split and reunite in a cymoid pattern.
Drill hole A summary of all information material to the understanding of the
Information exploration results including a tabulation of the following information See Table 3 within this report for details of the drill holes and sample
for all Material drill holes: locations
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.

4

Criteria JORC Code explanation Commentary
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. _
Data In reporting Exploration Results, weighting averaging techniques,
aggregation maximum and/or minimum grade truncations (eg cutting of high
methods grades) and cut-off grades are usually Material and should be stated.
Where aggregate intercepts incorporate short lengths of high grade Gold equivalents are calculated for all intercepts with Au above 0.50 g/t.
results and longer lengths of low grade results, the procedure used Assumptions for calculating gold equivalent are $1250 Au and $16.50
for such aggregation should be stated and some typical examples of Ag.
such aggregations should be shown in detail.
The assumptions used for any reporting of metal equivalent values
should be clearly stated.
Relationship These relationships are particularly important in the reporting of Drill holes are orientated to drill perpendicular or near to
between Exploration Results. perpendicular to the mineralized structures.
mineralisation
If the geometry of the mineralisation with respect to the drill hole
Table 3 shows down hole vein intercepts. True vein thickness is
widths and angle is known, its nature should be reported. calculated assuming vein dip of 52º.
intercept
lengths
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’). _
Diagrams Appropriate maps and sections (with scales) and tabulations of Supporting figures have been included within the body of this release
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. _
Balanced Where comprehensive reporting of all Exploration Results is not All results have been reported
reporting practicable, representative reporting of both low and high grades
and/or widths should be practiced to avoid misleading reporting of
_Exploration Results. _
Other Other exploration data, if meaningful and material, should be reported
substantive including (but not limited to): geological observations; geophysical
exploration survey results; geochemical survey results; bulk samples – size and
data method of treatment; metallurgical test results; bulk density,
_groundwater, geotechnical and rock characteristics; potential _

5

Criteria JORC Code explanation Commentary Commentary
_deleterious or contaminating substances. _
Further work The nature and scale of planned further work (eg tests for lateral
extensions or depth extensions or large-scale step-out drilling).
Diagrams clearly highlighting the areas of possible extensions,
Potential work across the project may include confirmatory,
including the main geological interpretations and future drilling areas, exploratory or follow‐up drilling from surface and underground,
provided this information is not commercially sensitive. channelsamplingof exposed veins, ground or airborne
geophysics, and detailed geological mapping.

6