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FireFly Metals Ltd. — Capital/Financing Update 2012
May 6, 2012
48548_rns_2012-05-06_e4d35dec-4faa-49cd-a1c4-5ba7ab71b03c.pdf
Capital/Financing Update
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Exploration Office Ware h ouse I, 5 Bu t ler Blvd Bur b ridge Busi n ess Park Adel a ide Airport SA 5950 Postal Address PO Box 247 E xport Park SA 5950
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Tel: +61 8 8 3 75 3900 Fax: +61 8 8 3 75 3999 www. m onaxminin g .com.au
ABN: 96 110 336 733
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For Imme d iate Relea s e Monday, 8 May, 201 2
ASX RELEASE
Encouraging Manganese and Iron Ore drilling results at Waddikee.
HIGHLIGHTS
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45 holes completed totalling 2306 metres
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High-grade manganese up to 29% Mn reported from Polinga prospect
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Further encouraging iron ore results
Monax Mining (ASX: MOX) is pleased t o announc e the results of its r e cent drilli n g progra m targeting m anganese and iron o r e at its Wa d dikee Project in Sout h Australia.
The rever s e circulati o n (RC)/rotary air bla s t (RAB) d r illing program was c o mpleted in early Apri l and final a ssay resu l ts have n o w been received. A total of 45 holes we r e complet e d for 230 6 metres.
Monax’s W addikee Project is lo c ated south of the tow n ship of Ki m ba on the c entral Eyr e Peninsul a of South A ustralia (Figure 1). It is the sub j ect of a farm-in agre e ment with OM (Man g anese) Lt d (OMM), a wholly ow n ed subsidi a ry of OM H oldings Limited (AS X :OMH). O M M is requ i red to fun d A$2 millio n over four y ears to ac q uire a 60 % participat i ng interest for manga n ese (Mn) a nd iron or e on the pro j ect.
Manganese Results
Jamieson Tank
Monax co m pleted a gradient a r ray induced polarisat i on (GAIP) survey ov e r the Jamieson Tan k prospect i n early 201 2 , aimed at defining fu r ther possi b le manganese. Under th e current drilling program, Mon a x complet e d 19 hol e s (JTRC 1 82-200) f o r 930m a t Jamieson T ank. Fig u re 2 shows a general l ocation plan for the 2 0 12 drilling p rogram.
Figure 3 shows in de t ail the loc a tion of all d rilling to d a te within t h e souther n part of th e Jamieso n Tank pros p ect over t h e newly a c quired GAIP data. Drill hole intersections > 1 4% Mn ar e outlined i n Table 1.
Holes JT R C 182 – 187 were d r illed to test a moder a te charge a ble featur e (see Figu r e 3) whic h previous d rilling to t h e south h a d interse c ted moder a te manga n ese. Tw o holes on the line o f recent hol e s reported one metre intersectio n s of mang a nese >14 % (JTRC 1 8 6 & 187).
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Hole JTR C 186 reported 6m @ 12.4% Mn (26-32m) i ncluding 1 m @ 17.3 % Mn (see Table 2 fo r individual 1m results). Hole J T RC 187 r e ported 5 m @ 14.0% Mn (32-3 7 m – see T able 2 fo r individual 1 m results).
Holes JT R C 188-191 were drill e d to targe t a narrow z one of hi g her charg e ability. N o significan t mangane s e was re p orted fro m these ho l es. Thes e holes in t ersected m agnetic banded iro n formation.
Figure 4 s hows in d e tail drill hole location s for the n o rthern part of the Ja m ieson Tank prospect . This area contains t h e majorit y of the drilling and t h e best intersections of manga n ese at th e prospect.
The GAIP survey at J amieson Tank report e d some challenges d u e to charg e able features both o n the easter n and west e rn side of the survey area (see Figure 4), w hich the C ompany in t erprets ar e due to gra p hite-rich s e diments.
Holes JT R C 192-19 4 were targeting a N W trending c hargeable zone (Fig u re 4). N o significan t mangane s e was inte r sected but graphite w a s reported in holes J T RC 192 (30-61m) an d JTRC 19 3 (18-51m) ( Note – do w nhole lengths, true wi d ths unkno w n).
Holes JT R C 195 – 1 9 7 were targeting a z o ne of high e r chargea b ility locate d on the w e stern zon e and inters e cted low grade mang a nese. Th e se holes also reporte d minor graphite.
| Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
Ta ble 1. Dri ll hole inte rsections > 14% Mn f or the 2012 Waddikee drilling p rogram. |
|---|---|---|---|---|---|---|---|
| Hole | From (m) | To (m) | Sampl e No |
Fe (%) |
M n(%) |
P(%) | Interval |
| JTRC186 | 26 | 27 | 6823 3 |
4 .53 |
1 4.21 |
0.05 | |
| JTRC186 | 29 | 30 | 6823 6 |
3 .92 |
1 **5.87 ** |
0.04 | |
| JTRC186 | 31 | 32 | 6823 8 |
5 .49 |
1 7.28 |
0.08 | |
| JTRC187 | 33 | 34 | 6825 9 |
4 .60 |
2 **0.62 ** |
0.22 | |
| JTRC198 | 21 | 22 | 6844 1 |
13 .98 |
1 4.11 |
0.19 | 2m @ 15.5% Mn |
| JTRC198 | 22 | 23 | 6844 2 |
22 .65 |
1 **6.82 ** |
0.17 | |
| PRC024 | 27 | 28 | 6832 5 |
7 .32 |
2 **8.67 ** |
0.12 | |
| PRC024 | 30 | 31 | 6832 8 |
10 .54 |
1 7.46 |
0.11 | |
| PRC024 | 39 | 40 | 6833 7 |
9 .78 |
2 1.33 |
0.28 | |
| PRC025 | 28 | 29 | 6834 2 |
22 .75 |
1 **4.07 ** |
0.15 | 3m @ 17.6% Mn |
| PRC025 | 29 | 30 | 6834 3 |
18 .02 |
2 1.85 |
0.11 | |
| PRC025 | 30 | 31 | 6834 4 |
31 .31 |
1 6.95 |
0.34 | |
| PRC025 | 48 | 49 | 6834 8 |
8 .74 |
2 9.16 |
0.15 | |
| PRC030 | 50 | 51 | 6847 2 |
18 .67 |
1 4.83 |
0.10 | |
| PRC030 | 52 | 53 | 6847 4 |
19 .88 |
2 0.93 |
0.10 |
All samples are 1m sa m ples; sam p les collecte d as grab sa m ples. Widths represen t downhole l e ngths, true o width unk n own. All ho l es drilled 6 0 to the wes t . Samples a nalysed by Genalysis u s ing XRF. I n tersections rep o rted >1m ar e calculated by averagin g combinati o n of 1m sa m ples.
Holes JT R C 198 – 1 9 9 were lo c ated on a c hargeable feature 550m north of outcroppi n g massiv e mangane s e at Cultiv a tor Hill (Fi g ure 4). Hole JTRC 1 9 8 reported 2m @ 15. 5 % Mn (21- 2 3m).
Hole JTR C 200 was d rilled to t e st a charg e able featu r e on the e a stern part of the Jamieson Tan k prospect. No manga n ese was r e ported, bu t minor gra p hite was i n tersected b etween 40-51m (Not e – downhole length, tr u e width unknown).
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Prior to th e current d r illing progr a m, Monax had completed drillin g 157 hole s at its Jamieson Tank , which is p a rt of the W addikee P r oject, for a total of 87 7 8 metres. The best p revious drilling result s for the Ja m ieson Tan k prospect i nclude (all previously reported): 10 m @ 17.5 % Mn (JTR C 069 26-36m)
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7 m @ 18.03 % Mn (JTR C 034 14-21m)
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7 m @ 17.1% M n (JTRC 1 21 22-29 m ) 5 m @ 19.2% M n (JTRC 1 19 14-19 m ) 4 m @ 23.05 % Mn (JTR C 032 4-8m) 3 m @ 27.7% M n (JTRC 0 36 10-13 m ) 12 m @ 15.3 % Mn (JTR C 032 4-16m) (holes drilled 60[o] ; downhole lengths onl y , true widt h s unknow n )
Polinga
New infor m ation fro m the GAIP at Polinga survey ha s lead Mon a x to re-ex a mine previous drillin g strategies.
Fifteen holes (PRC 0 18 – PRC 032) were completed at Poling a in April 2 0 12 (Figur e 5). Hole s PRC 018 – 022 wer e drilled to target a s ignificant c hargeable feature. M inor manganese wa s intersecte d . Holes PRC 018 to PRC 0 2 0 all rep o rted thick intersectio n s of graphite schist . Samples f r om these h oles have b een submitted for ca r bon analyses.
Drill holes PRC 023 – PRC 032 were drille d to test a m oderate chargeable f eature outlined by th e GAIP sur v ey (Figure 5). Holes PRC 024 a nd PRC 0 2 5 on the northern lin e reported m anganes e >14% (se e Table 1). Hole PR C 024 repo r ted 5m @ 15.0% Mn (26-31m) i n cluding 1 m @ 28.7 % Mn (27-28m – see T a ble 2 for in d ividual 1m results).
Hole PRC 025 reported 3m @ 1 7.6% Mn ( 28-31m) including 1m @ 21.8% Mn (29-30 m ), and 1 m @ 29.16 % Mn (48- 4 9m – see Table 1). Hole PR C 030 on t h e souther n line reported 4m @ 14.89% M n (49-53m) including 1m @ 20.9 % Mn (52-5 3 m – see T a ble 2 for i n dividual 1 m results).
Prior to th e recent drilling progr a m, Monax h ad drilled 17 holes a t its Poling a prospect, also part o f the Waddi k ee Projec t , for a total of 984 metres. The b e st manga n ese result s include: 4m @ 18.9% M n (PRC00 3 32-36m) 4m @ 14.2% M n (PRC01 0 50-54m) (holes drilled 60[o] ; do w nhole lengths only, tr u e widths unknown; re s ults previ o usly report e d)
Hodgins
Six holes t otalling 30 1 metres w e re drilled a t the Hod g ins prospect in 2011 t o follow u p high grad e surface s a mples gra d ing up to 3 7% Mn. A further eleven holes for 490m w ere completed at th e Hodgins p r ospect. N o manganese was int e rsected with minor gr a phite repo r ted in several holes.
Iron Ore Results
The drilling program also returned encouraging iron ore resul t s from th e Jamieso n Tank an d Polinga p r ospects. A t the Jami e son Tank prospect, t he best re s ults include (see Ta b le 3 for ful l results): 28 m @ 24.3 % Fe (JTRC 191 21-49 m ) 14 m @ 27.1 % Fe (JTRC 188 14-28 m ) 12 m @ 23.7 % Fe (JTRC 190 23-35 m ).
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The best r esults fro m the Polinga prospect include: 26 m @ 41.5% Fe (PRC 0 28 4-30m) 28 m @ 25% Fe (PRC 02 7 37-65m)
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21 m @ 29.4% Fe (PRC 0 26 25-46m
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(Note: Int e rsections c alculated b y averagin g combinati o n of 1m s amples; 2 m and 4m composite s ; Intersection s represent d ownhole le n gths, true w idths unkno w n).
General
In summar y , the drilli n g program has provid e d further e ncouragin g mangane s e and iron ore result s and additional e vidence s u pporting t h e previously announc e d graphite potential o f the Waddikee Projec t .
The GAIP survey en c ountered z ones of hi g h charge a bility on b o th the we s t and east margins of the main man g anese co r ridor. Th e eastern zone of h i gh charge a bility app e ars to be related t o the Sugarloaf Hill zone of high cha r geability, w hich is m o st likely d u e to the p resence o f graphite. Drill holes withi n the zone s of high ch a rgeability o n the east e rn side of J amieson T ank report e d graphite.
The GAIP survey pro v ided som e encourag e ment at t h e Polinga prospect w ith drilling o n the sou t hern area whic h containe d a zone of moderate chargeabil i ty reportin g mangan e se (Figure 5). Consi s tent with the G A IP survey, drilling on t he norther n highly ch a rgeable fe a ture repor t ed graphit e .
The GAIP survey dat a will be u s eful in the search for graphite o n the tene m ent and t o gether wit h the existing Monax airborne electr o magnetic d ata will b e a major tool used in plannin g the upco m ing graphite drilling progr a m.
“Monax is c urrently a s sessing al l drilling da t a and will m eet with i t s farm-in p artner OM M in the co m ing months to discuss th e next phas e of mang a nese expl o ration” Mo n ax Manag i ng Directo r Mr Gary F erris said.
We are e n couraged by the drilling result s and belie v e that th e GAIP su r vey will a s sist with f u ture exploratio n for both manganese a nd graphit e on our W a ddikee te n ement” he said.
Gary Ferri s Managing D irector, Monax Mi n ing Ph: (08) 8 3 75 3900 Email: info @ monaxm i ning.com. a u
Duncan Gordon Investo r Relations Ph: 0404 006 444
The information i n this report that relates to Explor a tion Results, Mi n eral Resources o r Ore Reserves i s based on infor m ation compiled b y Mr G M Ferris , who is a Member of the Australa s ian Institute of M i ning and Metallu r gy. Mr Ferris is employed full tim e by the Compan y as Managing Director and, has a minimum of five years relevant e x perience in the s tyle of mineralis a tion and type of d eposit under co n sideration and q u alifies as a Co m petent Person a s defined in the 2 0 04 edition of the “Australasian Co d e for Reporting o f Exploration Re s ults, Mineral Res o urces and Ore R eserves” Mr Fer r is consents to th e inclusion of the i n formation in this r eport in the form and context in w h ich it appears.
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Figure 1. Location of the Waddikee Project, central Eyre Peninsula.
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Figure 2. Location of 2012 drill holes (white dots) on background of total magnetic intensity image.
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Figure 3. Jamieson Tank south area. Drill hole location on GAIP chargeability data. (Red represents zones of high chargeability; purple-blue represent zones of low chargeability)
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Figure 4. Jamieson Tank north area. Drill holes located on GAIP Chargeability data.
Page | 7
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Figure 5. GAIP chargeability data and drill hole location for Polinga prospect.
Page | 8
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| Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
Tab le 2. Sam ple interva ls and res repor ults for int ting <14% ersections Mn (6% M reported i n cut-off us n text whic ed) h include 1m sample s |
|---|---|---|---|---|---|---|---|---|
| Ho le |
From (m) |
To(m) | Interval | Sample No |
Fe% | Mn% | P% | In terval |
| JTRC 186 |
26 | 27 | 1 | 682 33 |
4.53 | 14.21 | 0.05 | 6m @ 12.4% Mn |
| JTRC 186 |
27 | 28 | 1 | 682 34 |
5.05 | 10.51 | 0.04 | |
| JTRC 186 |
28 | 29 | 1 | 682 35 |
4.41 | 9.53 | 0.03 | |
| JTRC 186 |
29 | 30 | 1 | 682 36 |
3.92 | 15.87 | 0.04 | |
| JTRC 186 |
30 | 31 | 1 | 682 37 |
8.25 | 6.82 | 0.02 | |
| JTRC 186 |
31 | 32 | 1 | 682 38 |
5.49 | 17.28 | 0.08 | |
| JTRC 186 |
32 | 33 | 1 | 682 39 |
3.13 | 9.42 | 0.07 | |
| JTRC 187 |
32 | 33 | 1 | 682 58 |
8.12 | 13.35 | 0.26 | 5m @ 14.0% Mn |
| JTRC 187 |
33 | 34 | 1 | 682 59 |
4.60 | 20.62 | 0.22 | |
| JTRC 187 |
34 | 35 | 1 | 682 60 |
8.11 | 13.56 | 0.24 | |
| JTRC 187 |
35 | 36 | 1 | 682 61 |
7.51 | 11.83 | 0.22 | |
| JTRC 187 |
36 | 37 | 1 | 682 62 |
11.97 | 10.67 | 0.22 | |
| PRC0 24 |
26 | 27 | 1 | 683 24 |
31.31 | 10.07 | 0.18 | 5m @ 15.0% Mn |
| PRC0 24 |
27 | 28 | 1 | 683 25 |
7.32 | 28.67 | 0.12 | |
| PRC0 24 |
28 | 29 | 1 | 683 26 |
15.93 | 9.71 | 0.21 | |
| PRC0 24 |
29 | 30 | 1 | 683 27 |
15.91 | 9.13 | 0.16 | |
| PRC0 24 |
30 | 31 | 1 | 683 28 |
10.54 | 17.46 | 0.11 | |
| PRC0 30 |
49 | 50 | 1 | 684 71 |
9.75 | 11.35 | 0.07 | 4m @ 1 4.89% Mn |
| PRC0 30 |
50 | 51 | 1 | 684 72 |
18.67 | 14.83 | 0.10 | |
| PRC0 30 |
51 | 52 | 1 | 684 73 |
17.23 | 12.45 | 0.05 | |
| PRC0 30 |
52 | 53 | 1 | 684 74 |
19.88 | 20.93 | 0.10 |
All holes drilled 60 ~~[o]~~ to the w est. Drilling combinatio n of reverse circulation a n d rotary air blast. Drill h ole sample s colle c ted every o n e metre an d geochemi c al samples c omprised grab samples. Intersecti o ns calculated by averaging combi n ation of 1m samples. S amples ana l ysed by Ge n alysis usin g XRF. Dow n hole lengths only, true w idths unkn o wn.
| Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
Table 3. S c ample int ombination ervals and of 1m, 2m results fo and 4m c r iron inter omposite sections re samples ( ported in 20% Fe cu text which t-off used) include |
|---|---|---|---|---|---|---|---|---|
| Hol e |
From (m) |
To(m ) |
Interva l |
Sample No |
Fe% | Mn% | P% | I nterval |
| JTRC 188 |
14 | 1 6 |
2 | 68 280 |
32. 61 |
0.4 5 |
0.33 | 14m @ 27.1% Fe |
| JTRC 188 |
16 | 1 8 |
2 | 68 281 |
26. 47 |
0.7 7 |
0.33 | |
| JTRC 188 |
18 | 2 0 |
2 | 68 282 |
24. 81 |
1.4 9 |
0.19 | |
| JTRC 188 |
20 | 2 2 |
2 | 68 283 |
27. 61 |
1.9 3 |
0.31 | |
| JTRC 188 |
22 | 2 4 |
2 | 68 284 |
23. 14 |
2.9 1 |
0.41 | |
| JTRC 188 |
24 | 2 6 |
2 | 68 285 |
26. 30 |
1.8 4 |
0.42 | |
| JTRC 188 |
26 | 2 8 |
2 | 68 286 |
28. 90 |
1.3 4 |
0.47 | |
| JTRC 190 |
23 | 2 7 |
4 | 68 290 |
25. 85 |
0.2 1 |
0.56 | 12m @ 23.7% Fe |
| JTRC 190 |
27 | 3 1 |
4 | 68 291 |
25. 00 |
0.2 3 |
0.54 | |
| JTRC 190 |
31 | 3 5 |
4 | 68 292 |
20. 28 |
0.3 8 |
0.57 | |
| JTRC 191 |
21 | 2 5 |
4 | 68 294 |
27. 27 |
0.2 5 |
0.66 | 28m @ 24.3% Fe |
| JTRC 191 |
25 | 2 9 |
4 | 68 295 |
25. 79 |
0.5 2 |
0.63 | |
| JTRC 191 |
29 | 3 3 |
4 | 68 296 |
26. 79 |
0.7 7 |
0.64 | |
| JTRC 191 |
33 | 3 7 |
4 | 68 297 |
23. 46 |
0.4 1 |
0.59 | |
| JTRC 191 |
37 | 4 1 |
4 | 68 298 |
20. 28 |
0.6 1 |
0.49 | |
| JTRC 191 |
41 | 4 5 |
4 | 68 299 |
22. 59 |
0.1 5 |
0.68 | |
| JTRC 191 |
45 | 4 9 |
4 | 68 300 |
23. 98 |
0.1 3 |
0.57 |
Page | 9
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| Hol e |
From (m) |
To(m ) |
Interva l |
Sample No |
Fe% | Mn% | P% | I nterval |
|---|---|---|---|---|---|---|---|---|
| PRC0 26 |
25 | 2 6 |
1 | 68 364 |
25. 79 |
6.2 3 |
0.17 | 21m @ 29.4% Fe |
| PRC0 26 |
26 | 2 7 |
1 | 68 365 |
27. 65 |
4.8 7 |
0.23 | |
| PRC0 26 |
27 | 2 8 |
1 | 68 366 |
31. 51 |
6.2 7 |
0.14 | |
| PRC0 26 |
28 | 2 9 |
1 | 68 367 |
31. 40 |
3.2 2 |
0.19 | |
| PRC0 26 |
29 | 3 0 |
1 | 68 368 |
31. 15 |
1.6 8 |
0.21 | |
| PRC0 26 |
30 | 3 2 |
2 | 68 369 |
28. 49 |
2.3 7 |
0.18 | |
| PRC0 26 |
32 | 3 4 |
2 | 68 370 |
26. 46 |
5.9 9 |
0.20 | |
| PRC0 26 |
34 | 3 6 |
2 | 68 371 |
21. 21 |
4.4 1 |
0.17 | |
| PRC0 26 |
36 | 3 8 |
2 | 68 372 |
24. 27 |
4.4 3 |
0.24 | |
| PRC0 26 |
38 | 4 0 |
2 | 68 373 |
26. 32 |
5.9 4 |
0.19 | |
| PRC0 26 |
40 | 4 2 |
2 | 68 374 |
29. 93 |
2.5 3 |
0.31 | |
| PRC0 26 |
42 | 4 4 |
2 | 68 375 |
33. 46 |
3.0 8 |
0.33 | |
| PRC0 26 |
44 | 4 6 |
2 | 68 376 |
44. 98 |
0.4 6 |
0.38 | |
| PRC0 27 |
37 | 3 9 |
2 | 68 385 |
27. 70 |
2.3 2 |
0.19 | 28m @ 25% Fe |
| PRC0 27 |
39 | 4 1 |
2 | 68 386 |
26. 61 |
3.2 6 |
0.16 | |
| PRC0 27 |
41 | 4 3 |
2 | 68 387 |
24. 99 |
3.0 2 |
0.14 | |
| PRC0 27 |
43 | 4 5 |
2 | 68 388 |
24. 80 |
4.6 8 |
0.13 | |
| PRC0 27 |
45 | 4 7 |
2 | 68 389 |
26. 21 |
6.6 7 |
0.16 | |
| PRC0 27 |
47 | 4 9 |
2 | 68 390 |
21. 91 |
3.9 4 |
0.17 | |
| PRC0 27 |
49 | 5 1 |
2 | 68 391 |
23. 10 |
2.7 7 |
0.16 | |
| PRC0 27 |
51 | 5 3 |
2 | 68 392 |
21. 56 |
1.6 6 |
0.20 | |
| PRC0 27 |
53 | 5 5 |
2 | 68 393 |
24. 77 |
3.7 5 |
0.20 | |
| PRC0 27 |
55 | 5 7 |
2 | 68 394 |
24. 71 |
0.4 6 |
0.21 | |
| PRC0 27 |
57 | 5 9 |
2 | 68 395 |
24. 21 |
1.8 1 |
0.20 | |
| PRC0 27 |
59 | 6 1 |
2 | 68 396 |
34. 39 |
0 .5 |
0.35 | |
| PRC0 27 |
61 | 6 3 |
2 | 68 397 |
23. 99 |
1.5 1 |
0.15 | |
| PRC0 27 |
63 | 6 5 |
2 | 68 398 |
20. 86 |
1.6 5 |
0.12 | |
| PRC0 28 |
4 | 8 | 4 | 68 443 |
37. 84 |
0.0 6 |
0.03 | 26m @ 41.5% Fe |
| PRC0 28 |
8 | 1 2 |
4 | 68 444 |
41. 80 |
0.0 6 |
0.02 | |
| PRC0 28 |
12 | 1 6 |
4 | 68 445 |
38. 91 |
0.0 3 |
0.03 | |
| PRC0 28 |
16 | 2 0 |
4 | 68 446 |
46. 45 |
0.0 3 |
0.03 | |
| PRC0 28 |
20 | 2 4 |
4 | 68 447 |
47. 31 |
0.0 4 |
0.03 | |
| PRC0 28 |
24 | 2 8 |
4 | 68 448 |
44. 71 |
0.0 5 |
0.04 | |
| PRC0 28 |
28 | 3 0 |
2 | 68 449 |
33. 69 |
0.1 4 |
0.08 |
All holes drilled 60 ~~[o]~~ to the w est. Drilling combinatio n of reverse circulation a n d rotary air blast. Drill h ole sample s colle c ted every o n e metre an d geochemi c al samples c omprised grab samples. Intersecti o ns calculated by averaging co m bination of 1m, 2m and 4 m samples . Samples analysed by G enalysis using XRF. D o wnhole len g ths only, tr u e wid t hs unknow n .
Page | 10
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| 2 012 Drill h ole detail s |
2 012 Drill h ole detail s |
2 012 Drill h ole detail s |
||
|---|---|---|---|---|
| Hole ID | Prospect | Ea sting |
Northin g |
EO H (m) |
| JTR C182 |
Jamieson Tank |
621778 | 62938 02 |
45 |
| JTR C183 |
Jamieson Tank |
621795 | 62193 804 |
42 |
| JTR C184 |
Jamieson Tank |
621822 | 62938 05 |
51 |
| JTR C185 |
Jamieson Tank |
621844 | 62938 04 |
51 |
| JTR C186 |
Jamieson Tank |
621868 | 62938 06 |
49 |
| JTR C187 |
Jamieson Tank |
621900 | 62938 03 |
60 |
| JTR C188 |
Jamieson Tank |
622178 | 62947 08 |
31 |
| JTR C189 |
Jamieson Tank |
622203 | 62947 03 |
39 |
| JTR C190 |
Jamieson Tank |
622222 | 62947 03 |
49 |
| JTR C191 |
Jamieson Tank |
622246 | 62947 00 |
49 |
| JTR C192 |
Jamieson Tank |
622420 | 62981 98 |
61 |
| JTR C193 |
Jamieson Tank |
622475 | 62982 00 |
51 |
| JTR C194 |
Jamieson Tank |
622526 | 62982 02 |
51 |
| JTR C195 |
Jamieson Tank |
623120 | 62983 92 |
51 |
| JTR C196 |
Jamieson Tank |
623147 | 62984 03 |
51 |
| JTR C197 |
Jamieson Tank |
623173 | 62984 05 |
51 |
| JTR C198 |
Jamieson Tank |
624004 | 62990 48 |
51 |
| JTR C199 |
Jamieson Tank |
624043 | 62990 48 |
46 |
| JTR C200 |
Jamieson Tank |
624000 | 62977 07 |
51 |
| PR C018 |
Poling a |
620196 | 63048 03 |
60 |
| PR C019 |
Poling a |
620176 | 63048 00 |
66 |
| PR C020 |
Poling a |
620224 | 63048 00 |
48 |
| PR C021 |
Poling a |
620272 | 63048 03 |
49 |
| PR C022 |
Poling a |
620323 | 63048 02 |
40 |
| PR C023 |
Poling a |
620928 | 63035 01 |
60 |
| PR C024 |
Poling a |
620952 | 63035 04 |
51 |
| PR C025 |
Poling a |
620978 | 63035 05 |
67 |
| PR C026 |
Poling a |
621001 | 63035 03 |
70 |
| PR C027 |
Poling a |
621029 | 63035 01 |
66 |
| PR C028 |
Poling a |
620977 | 63033 01 |
32 |
| PR C029 |
Poling a |
621050 | 63033 03 |
72 |
| PR C030 |
Poling a |
621018 | 63032 86 |
58 |
| PR C031 |
Poling a |
621005 | 63033 00 |
81 |
| PR C032 |
Poling a |
620974 | 63032 96 |
66 |
| HR C007 |
Hodgi ns |
617645 | 63237 51 |
52 |
| HR C008 |
Hodgi ns |
617668 | 63237 42 |
51 |
| HR C009 |
Hodgi ns |
617707 | 63237 50 |
51 |
| HR C010 |
Hodgi ns |
617724 | 63237 50 |
51 |
Page | 11
==> picture [58 x 30] intentionally omitted <==
==> picture [46 x 16] intentionally omitted <==
| Hole ID | Prospect | Ea sting |
Northin g |
EO H (m) |
|---|---|---|---|---|
| HR C011 |
Hodgi ns |
617552 | 63230 23 |
46 |
| HR C012 |
Hodgi ns |
617599 | 63230 27 |
60 |
| HR C013 |
Hodgi ns |
617651 | 63230 27 |
27 |
| HR C014 |
Hodgi ns |
617804 | 63242 52 |
42 |
| HR C015 |
Hodgi ns |
617828 | 63242 51 |
50 |
| HR C016 |
Hodgi ns |
617850 | 63242 47 |
30 |
| HR C017 |
Hodgi ns |
617875 | 63242 50 |
30 |
All hole s drilled 60[o] t o the west. Drilling com b ination of r e verse circul a tion and ro t ary air blast. D r ill hole sam p les collecte d every one metre and g e ochemical s amples co m prised grab sa m ples. Datu m MGA 94 Z o ne 53.
Page | 12