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DREADNOUGHT RESOURCES LTD Regulatory Filings 2015

Apr 21, 2015

64785_rns_2015-04-21_0fd08786-7a4a-49e2-ad5d-e48d86806ad9.pdf

Regulatory Filings

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Australian Securities Exchange Announcement

22 April 2015

ASX Market Announcements Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000

Redback Prospect High Grade Gold Drill Results

Highlights

  • 8m at 9.29g/t Au from 208m incl 2m @ 10.7g/t Au and 2m @ 20.1g/t Au

  • 2m at 12.2g/t Au from 177m incl 1m @ 23.1g/t Au

  • 3m at 7.8g/t Au from 149m incl 1m @ 17.1g/t Au

  • 3m at 7.15g/t Au from 146m incl 1m @ 13.4 g/t Au

  • 16m at 3.31g/t Au from 184m incl 3m @ 10.2g/t Au

  • 7m at 5.59g/t Au from 204m incl 1m @ 13.9g/t Au

  • 9m at 6.66g/t Au from 163m incl 5m @ 10.3g/t Au

  • 4m at 6.3g/t Au from 176m incl 2m @ 10.5g/t Au

  • Further drilling planned to extend and further define high grade Eastern Zone “Wattle Dam Style” Mineralisation.

Tychean Resources Ltd (ASX: TYK) ( Tychean or Company ) is pleased to announce receipt of results from Reverse Circulation (RC) and Diamond drilling completed during March 2015, (Figure 1). The drilling was completed at the Redback Prospect, within the Company’s wholly owned Spargoville Gold Project in the Eastern Goldfields of Western Australia, (Figure 2).

High grade mineralisation continues to be intersected within all three mineralised zones at the Redback Prospect. All significant (≥1.0g/t Au and ≥4 gram metre) intervals from the drilling are tabulated below, (Table 1).

Table 1: Significant (≥1.0g/t Au and ≥4 gram metre) Intercepts – March 2014 Drilling

Hole ID From
(m)
To (m) Length
(m)
Au
(ppm)
Zone Sample
Type
SPDT001
including
149 152 3 7.8 Eastern Core
150 151 1 17.1 Eastern Core
SPDT002
including
167 171 4 2.77 Central Core
177 179 2 12.2 Eastern Core
177 178 1 23.1 Eastern Core
SPDT003
including
139 143 4 5.9 Western Core
140 141 1 9.76 Western Core
152 154 2 2.82 Central Core
SPDT004
including
and
including
208 216 8 9.29 Eastern Core
208 210 2 10.7 Eastern Core
214 216 2 20.1 Eastern Core
223 227 4 4.23 Eastern Core
225 226 1 9.05 Eastern Core
SPDT005 259 265 6 1.95 Eastern Core
SPDT007 274 292 18 1.68 Eastern Core
SPDT006 148 152 *4 5.25 Not Defined RC Chips
SPDT008
including
128 132 *4 1.4 Not Defined RC Chips
160 164 *4 2.05 Not Defined RC Chips
214 220 6 2.29 Western Core
218 219 1 5.69 Western Core
228 236 8 1.42 Central Core
252 259 7 2.1 Eastern Core
SPDT010
including
including
176 178 2 2.1 Eastern Core
184 200 16 3.31 Central Core
191 194 3 10.2 Central Core
204 211 7 5.59 Western Core
207 208 1 13.9 Western Core
SPDT011
including
48 52 *4 2.47 Not Defined RC Chips
144 146 2 4.34 Eastern Core
154 155 1 4.62 Central Core
163 172 9 6.66 Western Core
166 171 5 10.3 Western Core
SPDT012
including
0 4 *4 1.74 Laterite RC Chips
163 168 5 1.36 Central Core
176 180 4 6.3 Western Core
177 179 2 10.5 Western Core
SPDT013 108 112 *4 1.66 Not Defined RC Chips
Hole ID From
(m)
To (m) Length
(m)
Au
(ppm)
Zone Sample
Type
including 180 188 8 2.71 Western Core
224 233 9 2.85 Eastern Core
224 225 1 5.76 Eastern Core
SPDT014
including
253 262 9 2.26 Central Core
261 262 1 7.96 Central Core
SPRC111
including
123 130 7 1.77 Western RC Chips
146 149 3 7.15 Eastern RC Chips
147 148 1 13.4 Eastern RC Chips
  • Composite intervals included in interval calculation

Eastern Zone

High grade, Eastern Zone mineralisation within the completed drilling intersected at the Redback Prospect, includes 8 metres at 9.29g/t Au from 208 metres including 2 metres at 10.7g/t Au from 208 metres and 2 metres at 20.1g/t Au from 214 metres (SPDT004), 2 metres at 12.2g/t Au from 177 metres including 1 metre at 23.1g/t Au from 177 metres (SPDT002), 3 metres at 7.8g/t Au from 149 metres including 1 metre at 17.1 g/t Au from 150 metres (SPDT001) and 3 metres at 7.15g/t Au from 146 metres including 1 metre at 13.4g/t from 147 metres (SPRC111).

The Redback Prospect, Eastern Zone mineralisation in the south (Figure 4), is interpreted to display geological, structural and grade characteristics comparable to that of the high grade Eastern Zone mined at the Wattle Dam Gold Mine, located 700 metres to the northwest, (Figure 3). To date, high grade, Eastern Zone mineralisation in the south, has been defined over a strike length of 60 metres and maximum dip extent of 60 metres within the Eastern Zone and remains open at depth and along an interpreted northerly plunge to the north.

The current drill spacing testing the Eastern zone in the south has been completed to a 10m x 20m drill spacing (~20m x 20m intersection separation) and the extensional drilling at 20m x 20m (~40m x 20m intersection separation). In comparison a drill spacing of 10m x 10m was required in order to intersect the outstanding intersections within exploration drilling within the Wattle Dam Eastern Zone mineralisation including (but not limited to) 16 metres at 482g/t Au from 123 metres including 1 metre at 6,770g/t Au from 129 metres *. The drill spacing at Wattle Dam was required due to the high grade mineralisation’s limited strike length (minimum 40 metres) and nuggetty and variable nature, as identified at the Redback Prospect.

A long section of the Wattle Dam Gold Mine Eastern Zone mineralisation (Figure 4) highlights the restricted and high grade nature of the deposit. Wattle Dam surface exploration drilling only has been used to generate the long section, so that comparisons can be made with the mineralised zones at the Redback Prospect currently defined by exploration drilling.

Central and Western Zones

Results from the completed drilling, further defined the Western and Central zones of mineralisation at the Redback Prospect (Figures 7 and 8). Significant intersections returned from the zones include maximum results of 9 metres at 6.66g/t Au from 163 metres including 5 metres at 10.3g/t Au from 166 metres (SPDT011 – Western Zone) and 16 metres at 3.31g/t Au from 184 metres including 3 metres at 10.2 g/t Au from 191 metres. (Figures 7 and 8). It is interpreted that the completed drilling to date of the Western and Central zones, has defined the extent of previously intersected high grade mineralisation.

The Western and Central zones remain open to the north and down plunge to the north.

Future Drilling

The next program of drilling at the Redback Prospect will be designed to test for depth and plunge extensions to the high grade, Eastern Zone Mineralisation in the south.

For further information please contact:

Mr. Joe Houldsworth Mr. Duncan Gordon Managing Director Executive Director Tychean Resources Ltd Adelaide Equity Partners Limited M: 0487 924 326 M: 0404 006 444

Further information relating to Tychean Resources Ltd and its various exploration projects can be found at its website: www.tycheanresources.com

Table 2: Drill Hole Collar Details – Redback RC/Diamond Drilling March 2014

Hole
Number
Easting
(GDA Zone 51)
Northing
(GDA Zone 51)
RL (m) Azimuth Dip RC
(m)
Diamond
(m)
Total Depth
(m)
SPDT001 6527198.38 356540.49 336.60 90 -60 90 72.8 162.8
SPDT002 6527200.03 356510.52 336.90 90 -60 150 48.7 198.7
SPDT003 6527216.25 356513.30 336.73 90 -60 132 51.8 183.8
SPDT004 6527227.01 356490.55 337.14 90 -60 150 84.8 234.8
SPDT005 6527287.39 356446.84 336.72 90 -60 198 75.8 273.8
SPDT006 6527310.33 356429.47 336.56 90 -60 228 228
SPDT007 6527331.01 356427.19 336.41 90 -60 228 67.3 295.3
SPDT008 6527348.14 356448.95 336.16 90 -60 180 84.6 264.6
SPDT009 6527350.74 356429.08 336.27 90 -61 228 72.8 300.8
SPDT010 6527319.27 356642.92 334.57 270 -60 162 60.3 222.3
SPDT011 6527289.22 356647.02 332.87 270 -57 138 54.7 192.7
SPDT012 6527318.78 356641.92 334.54 270 -57 156 38.7 194.7
SPDT013 6527346.43 356464.50 336.21 90 -60 162 74.9 236.9
SPDT014 6527370.17 356398.76 336.44 90 -55 240 48.9 288.9
SPRC111 6527166.14 356552.68 336.79 90 -60 168 168
SPRC112 6527197.95 356559.23 336.45 90 -60 132 132

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Figure 1 – Spargoville Gold Project – Prospect Location Plan

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Figure 2 – Spargoville Gold Project – Redback Prospect Drilling Summary Plan

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Figure 3 – Spargoville Gold Project – Redback Prospect - Wattle Dam Gold Mine Area Drilling

Summary

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Figure 4 – Visible gold logged within SPDT002 at 177.01m downhole. Scale in centimetres.

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Figure 5 – Spargoville Gold Project – Redback Prospect Eastern Zone Longitudinal Projection

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Figure 6 – Redback Prospect and Wattle Dam Gold Mine Eastern Zones Comparison

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Figure 7 – Spargoville Gold Project – Redback Prospect Western Zone Longitudinal Projection

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Figure 8 – Spargoville Gold Project – Redback Prospect Central Zone Longitudinal Projection

The information contained in this release that relates to exploration results, mineralisation and target generation is based on information compiled by Mr. Matthew Svensson, who is a Member of the Australasian Institute of Geologists (MAIG) and a full time employee of the Company. Mr. Svensson has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Svensson consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.

  • This announcement contains previously announced TYK exploration results. 28/03/2014 - High grade gold in new results from Spargoville in WA 02/05/2014 - Spargoville (WA) – Aircore Gold Resample Results 22/09/2014 - High Grade Single Metre Gold Results from Spargoville WA 05/12/2014 - Redback Prospect High Grade Gold Results 20/01/2015 - More Redback Prospect High Grade Gold Results 05/03/2015 - Visible Gold in First Diamond Drilling at Redback Prospect 23/03/2015 - Further Visible Gold at Redback Prospect

  • This announcement contains previously announced exploration results reported by Ramelius

  • Resources Limited from completed drilling at the Wattle Dam Gold Mine.

  • 24/08/2007 - Super High Grade Zone (“SHGZ”) at Wattle Dam

The Company is not aware of any new information or data, which hasn’t been previously reported, that materially affects the information included in the current market announcement.

JORC TABLE 1

Section 1: Sampling Techniques & Data

Section 1: Sampling Techniques & 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.
Composite scoop samples over 4 consecutive metres and
single metre splits were collected from RC precollars and
portions of RC drill holes outside of the mineralised horizons.
All RC and diamond drilling was completed to evaluate
Western and Eastern Zone mineralised trends identified from
previous drilling. The drilling was completed at 10/20m line
spacing. Single metre RC split and half core NQ2 samples
were collected throughout the prospective ultramafic sequence
and associated contacts. All RC drilling (4.75 inch diameter)
from the current drill programme has been completed with a
total of 2 RC drill holes (SPRC111 -112) and 14 RC precollars
(SPDT001 – 014) completed for a total of 2,742 metres.
Thirteen NQ2 diamond tails have been completed 836.1
metres (SPDT001-005 and SPDT007-014), (Figure 2).
Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used.
A consistent scoop sampling method has been adopted for
composite drill sampling. All composite scoop sampling
protocols remained constant throughout the program. All
single metre split samples were collected via a rig mounted
cone splitter. All diamond core was half core sampled over
one metre intervals. All drill hole locations were determined
by DGPS. All drill holes are planned to be open hole gyro
surveyed
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.
RC drilling was used to obtain one metre drill samples from
which approximately a 2-3 kg composite sample (scoop
sampled as per above) was pulverized (>90% smaller than 75
micron) to produce a pulp sample for analysis.
Analysis of the four metre composite samples will comprised a
25g aqua regia digest, solvent extraction then Flame Atomic
Absorption Spectrometry for Au determination to a lower
detection limit of 0.01ppm Au. All single metre split RC and
core samples will be analysed using a cyanide leach
technique using a 200g charge and determination via Mass
Spectrometry
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 drilling was completed via RC and RC precollars with
diamond tails. All holes were completed in order to intersect
the interpreted mineralised horizons.
Drill sample
recovery
Method of recording and assessing core and chip sample
recoveries and results assessed.
Recovering information was recorded within RC drilling per
metre, in the form of an estimate of the returned amount of drill
sample compared to that normally returned during normal
drilling operations. Any core loss from the diamond drilling is
recorded.
Measures taken to maximise sample recovery and ensure
representative nature of the samples.
Drill cyclone and sample hoses are cleaned when required
during each drill hole and after each hole to minimise down
hole and/or cross contamination during RC drilling.
Whether a relationship exists between sample recovery and
grade and whether sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
No relationship has been identified to date.
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.
The use of scoop sampled RC drilling results is not
appropriate for a mineral resource estimate and is considered
a qualitative sampling technique. Single metre split RC and
half core diamond drill sample results are appropriate for
inclusion within a mineral resource. All logging has been
completed to the level of detail required to support mineral
resource estimation.
Whether logging is qualitative or quantitative in nature. Core
(or costean, channel, etc.) photography.
Logging of RC drill chips recorded lithology, weathering,
veining, mineralisation, and other features of the drill samples.
A chip sample reference of each drilled metre was collected
for each hole. Logging of drill core recorded lithology,
weathering, veining, mineralisation, structure, gold
occurrences and other features of the drill samples
The total length and percentage of the relevant intersections
logged.
All drill holes were logged in full from start to end of hole.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether quarter, half or all
core taken.
All diamond drilling was half core sampled.
If non-core, whether riffled, tube sampled, rotary split, etc. and
whether sampled wet or dry.
The RC drilling comprised wet and dry samples which were
scoop sampled over 4 consecutive metres. Single metre split
samples were collected via a cone splitter within the
prospective ultramafic sequence and associated contacts.
Half core drill core samples will be submitted from the diamond
drilling
For all sample types, the nature, quality and appropriateness
of the sample preparation technique.
The sample preparation of the chip samples follows industry
best practice in sample preparation involving oven drying,
crushing and pulverising of the total sample (total prep) so that
a minimum of 85% of pulverized material is less than 75µm
grind size
Quality control procedures adopted for all sub-sampling
stages to maximise representivity of samples.
The
laboratories
conducted
repeat
analysis
on
a
representative amount of samples returning >0.5ppm Au and
conducted random, (1 in 25 equivalent), check analysis and
regular blank and mineralized standard analyses throughout.
Company standards were also completed at a frequency of
approximately 1 in 25.
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.
No duplicate sampling has been completed. All samples
were collected to weigh less than 3kg to ensure the entire
sample is pulverized prior to subsampling for digesting.
Whether sample sizes are appropriate to the grain size of the
material being sampled.
Given the qualitative nature of the composite sampling
technique, the sample sizes are considered appropriate to
give an indication of degree and extent of anomalism. The
size of the split sample collected from RC and Half core
samples from diamond drilling is considered industry standard
and suitable for thegrain size of the material collected.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is
considered partial or total.
The aqua regia digest is considered a near total digest for gold
and is considered appropriate considering the nature of
sample collected. Fire Assay/Mass Spectrometry is a total
digest for Au. The cyanide leach technique is a total digest
in respect to all available leachable gold. No refractory gold
will be captured by the cyanide leach technique.
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.
None used
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.
The laboratories conducted selected repeat analysis on
samples returning >0.5 ppm Au and conducted, (1 in 25
equivalent), check analysis and regular blank and mineralized
standard analyses throughout. From these results it has been
determined that an acceptable level of accuracy and precision
has been achieved.
Verification
of sampling
and
assaying
The verification of significant intersections by either
independent or alternative company personnel.
None undertaken.
The use of twinned holes.
None undertaken.
Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
Field and laboratory data have been collected electronically.
The electronic data has been validated visually and
automatically using Micromine software.
Discuss any adjustment to assay data.
None undertaken.
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.
The location of all drill hole collars have been located via
DGPS.
Specification of thegrid system used.
The coordinate system in use was GDA1994 MGA Zone 51.
Quality and adequacy of topographic control.
Topographic control determine from DGPS surveying.
Data
spacing and
distribution
Data spacing for reporting of Exploration Results.
The majority of drilling ensured drill coverage of 20m line
spacing between current and/or previous drilling.
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.
At this stage no mineral resource or reserve estimates have
been undertaken which are JORC 2012 compliant. Composite
results are not able to be used in resource estimations
however the single metre RC split samples and drill core
results can be used. It is envisaged that a drill spacing of
10m x 20m would be sufficient for an indicated resource
estimate.
Whether sample compositing has been applied.
Four metre composites were collected from the drill samples in
the field from the portion of the drilling to the west of the
prospective ultramafic sequence and associated contacts.
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.
The completed drilling was undertaken roughly perpendicular
to the strike direction of the geology and related
mineralisation, however not perpendicular to the interpreted
dip.
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.
No orientation based sampling bias has been identified in the
data
Sample
security
The measures taken to ensure sample security.
All samples were stored securely onsite after sampling and
transported to Quantum Analytical Services, in Perth on a
regular basis.
Audits or
reviews
The results of any audits or reviews of sampling techniques
and data.
No audits or reviews have been undertaken.

JORC TABLE 2

Section 2: Reporting of Exploration Results

Criteria JORC Code explanation Commentary Commentary Commentary Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and ownership
including agreements or material issues with third parties
The drilling was completed over a single tenement of the
Spargoville project, M15/1101. A summary of Tychean’s
interests within the tenement is included below.
such as joint ventures, partnerships, overriding royalties,
native title interests, historical sites, wilderness or national
park and environmental settings.
Tenement Gold
Interest
Nickel
Interest
M15/1101 100% 80%
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.
There are no existing impediments to the tenement.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration by other
parties.
Previous exploration within the tenements comprises surface
geochemistry, drilling, airborne and ground geophysics which
was conducted by various previous explorers, including ACM
Gold, Spinifex Gold, WMC, Resolute and Ramelius
Resources.
Geology Deposit type, geological setting and style of mineralisation. The geology of the tenements is dominated by Archaean
mafic/ultramafic and sedimentary lithologies and minor felsic
intrusives. Hydrothermal vein and shear related gold
mineralisation is being targeted by exploration within the
tenement.
Drill hole
Information
A summary of all information material to the understanding of
the exploration results including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole collar
elevation or RL (Reduced Level – elevation above sea
level in metres) of the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
RC and diamond drill hole locations are depicted on the
included Figure 2 within the body of text and a full list of hole
collar details are included as Table 1.
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.
No information has been excluded
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.
When consecutive down hole samples returned >1.0ppm, the
average gold values for each relevant interval is used to
obtain an intercept average.
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.
Where aggregate results are biased by one or more, higher
grade single results, these results are detailed
The assumptions used for any reporting of metal equivalent
values should be clearly stated.
No metal equivalents reported.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly important in the reporting
of Exploration Results.
From the drilling completed to date, the mineralisation is
interpreted to be sub-vertical, which would result in the down
hole intercept being approximately twice the true width of the
mineralisation.
If the geometry of the mineralisation with respect to the drill
hole angle is known, its nature should be reported.
Interpretations to date, have resulted in the identification of
steeplydipping,south-southeast strikingmineralised zones.
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 reported intercepts are down hole lengths only as the
precise true width is not known. Further drill information is
required to increase confidence in the current interpretation,
prior to reportingtrue widths.
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.
See Figures 1 -8 and Tables 1-2
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.
Comprehensive reporting of all available exploration results
has been undertaken.
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.
No other exploration data is available.
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).
It is envisaged that further RC precollars and diamond tails
will be required based on the high grade results from the
recent drilling. This program is expected to test for potential
strike, dip and plunge extensions to the Eastern Zone
mineralisation.
Diagrams clearly highlighting the areas of possible
extensions, including the main geological interpretations and
future drilling areas, provided this information is not
commercially sensitive.
Target areas of future drilling at the Redback Prospect are
addressed in the text of the announcement.