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FOCUS MINERALS LTD — Capital/Financing Update 2023
Nov 30, 2023
64932_rns_2023-11-30_d4541f2f-983e-4248-95c8-a2a8f0984d97.pdf
Capital/Financing Update
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Market Announcement
1 December 2023
Coolgardie Gold Project Mineral Resource Updates
Highlights:
-
Infill drilling of the Greenfields open pit design delivers final pre-mining Mineral Resource update
-
RC drilling at CNX has improved definition of mineralisation and delivered a grade increase within the design pit
-
Total Big Blow Mineral Resources after depletion and infill drilling have increased by 62.5%
-
JORC 2004 Undaunted and Lady Charlotte Mineral Resources updated to JORC 2012 with overall 15% increase in ounces
-
Grade control drilling of selected low-grade stockpiles and tails delivers 194 Kt @ 0.8 g/t for 5,000 oz Indicated category Mineral Resource
West Australia’s newest gold producer Focus Minerals ( ASX: FML ) ( Focus or the Company ) is pleased to announce a compilation of Mineral Resources updates at the Coolgardie Gold Project ( CGP ).
The CGP covers 121km[2] of highly prospective tenements on the outskirts of the Coolgardie township in the Goldfields. Focus Minerals has recently recommissioned its Three Mile Hill plant ( TMH ) in the central part of the CGP.
Significant work has been conducted to support return to production at Coolgardie including a number of Mineral Resource updates. The following Mineral Resource updates are documented as a combined Mineral Resource announcement:
-
Greenfields Open Pit which is currently being mined. This pit is located a few hundred meters from TMH.
-
CNX Mineral Resource has been updated following a limited program of RC drilling. The additional drilling refined the modelling of flat and moderate dipping mineralised structures at CNX. This has enabled the Mineral Resource to be re-estimated using Ordinary Kriging to provide a higher resolution block model.
-
Depleted Big Blow Mineral Resource following reconciled toll milling production in the December Quarter 2022. The 2022 Big Blow toll milling pit was designed at A$2,200/oz and used a cut-off grade of 0.8 g/t Au. Mining at the pit was not completed leaving a portion of blasted stock now categorised as Measured Resources category. It is likely that mining will resume at Big Blow in the December Quarter 2023 for processing at TMH.
Market Announcement | Page 1 of 96
-
The historic Big Blow low grade stockpile Mineral Resource was assessed for mining as part of the toll milling campaign but remains in place as a standby option for processing at TMH.
-
The Empress Open Pit Mineral Resource has been updated from JORC 2004 to JORC 2012 reported, taking into account new drilling and pit reconnaissance. Additional historic low-grade materials and part of ROM pads that overly the Alicia Deposit have also been estimated for the first time.
-
The JORC 2004 Undaunted and adjacent Lady Charlotte Mineral Resources have been updated to JORC 2012 delivering 15% growth in total Mineral Resource ounces.
-
Three low-grade stockpiles and six tails deposits have been drilled by RC resulting in a new JORC 2012 Indicated Mineral Resource estimate totalling 194 Kt @ 0.8 g/t for 5 Koz. These stockpiles will be metallurgically assessed as additional optional feed for the TMH.
Following the Mineral Resource updates of the Company’s total Measured, Indicated and Inferred Mineral Resources at Coolgardie now comprises:
| Classification | Tonnage (Mt) |
Au Grade (g/t) |
Au Contained Moz |
|---|---|---|---|
| Total Measured | 3.5 | 1.6 | 0.2 |
| Total Indicated | 26.5 | 1.8 | 1.5 |
| Total Inferred | 16.2 | 2.0 | 1.0 |
| Total Mineral Resource | 46.2 | 1.8 | 2.7 |
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Figure 1: Key Coolgardie project deposits with recent Mineral Resource Estimates.
Market Announcement | Page 3 of 96
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Table 1 Summary of Combined Mineral Resources updates and changes versus previously reported Mineral Resources
Greenfields Open Pit Mineral Resource
Highlights:
-
Forty RC holes for 4,471m have been completed within and adjacent to the Greenfields open pit.
-
Total Measured Resource category (within the pit design) gold reported using 0.6 g/t cut off compares well with the previous Mineral Resource estimate (refer announcement dated 5 August 2022).
-
Greenfields is now being mined and producing first ore.
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Figure 2: Greenfields 2022 open pit site layout with surrounding tenements and infrastructure
Market Announcement | Page 5 of 96
Greenfields Summary Geology and Structure
The existing pit is located mostly on 100% Focus Minerals owned tenement M15/154 (Figure 2). The mineralisation at Greenfields averages 50m width and varies between 25 and +60m width. The mineralisation is primarily hosted by coarsely granophyric G2 gabbro near the contact with footwall Black Flag Group volcaniclastics (Figures 3 and 4). Like CNX and Three Mile Hill, gold at Greenfields is hosted by a well-developed stockwork of 1cm to +20cm wide quartz>>chlorite>pyrrhotite>carbonate veins with trace amounts of chalcopyrite and arsenopyrite.
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Figure 3: View northwest of the Greenfield open pit north west wall with: simplified labelled geology, red poly lines highlighting flat dipping vein sets and blue polylines highlighting steep fabric.
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Figure 4: Sectional view north-west of interpreted cross section in the central part of the Greenfields Open Pit. The sub-vertical reddish-orange polygon shows the location of the modelled G2 gabbro that hosts the majority of the Greenfields mineralisation. Red polygons show the location of the stockworks that host Greenfields mineralisation.
Greenfields Resource Development and Grade Control Drilling
The updated Greenfields Mineral Resource now includes 40 RC infill drill holes at a general 12 – 15m spacing and locally at 10m spacing. The new drilling includes a selection of twin holes (Figure 5) replacing several 1995 RC holes which have been identified as having compromised sampling. The affected 1995 holes were located at the margins of the open pit design and mostly affected Indicated Mineral Resources outside the design. The twin hole drilling has confirmed that several of this series of holes contained intervals of grade smearing (probable wet samples/poor sample recovery).
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Figure 5: Sectional view towards the NW at Greenfields open pit with drill assays and 2023 block model centroids cut at 0.6 g/t and coloured as per inset legend. Grade control holes have thick black hole traces. Labels have been added for twin holes showing examples on 1995 RC holes with good and poor correlation.
Market Announcement | Page 7 of 96
Greenfields Mineral Resource Estimation and Comparison
The updated Mineral Resource for Greenfields is reported on a dry tonnage basis using 0.6 g/t cut off to 230mRL. An Ordinary Kriging (OK) estimation technique was selected and variograms were modelled in Supervisor. Each domain was modelled using its own variogram and applicable top cut. At Greenfields there are two orientations of mineralisation comprising:
-
flat southwest dipping and,
-
steep southwest dipping.
The percent change in the updated Greenfields Mineral Resource is reported versus the pre grade control drilling Mineral Resource (refer to ASX Announcement dated 5 August 2022) as shown below.
| Classification | Tonnes (Mt) |
Change (t) |
Au Grade (g/t) |
Change (g/t) |
Au Contained (Oz) |
Change Oz |
|---|---|---|---|---|---|---|
| Measured | 1.42 | 1.9% | 1.52 | -6.4% | 69,500 | -4.6% |
| Indicated | 1.05 | -8.5% | 1.26 | -8.4% | 42,500 | -16.2% |
| Total Greenfields Mineral Resource |
2.54 | -2.8% | 1.51 | -6.7% | 112,000 | -9.3% |
Big Blow Updated and Depleted Open Pit Mineral Resource and Historic Big Blow Low Grade Stockpile Mineral Resources
Highlights:
-
Measured category blasted stock reported at 0.8 g/t cut off comprises 7.76Kt @ 4.91 g/t for 1,225oz. Material will be mined in the December Quarter 2023
-
18 RC holes for 150m completed on the Big Blow LG stockpile for Mineral Resource estimation comprising 44.9Kt @ 0.56g/t for 810oz
-
9 RC resource infill holes for 462m targeting Happy Jack with infill indicating some upside for the deposit
Big Blow – Happy Jack Location and Production
Big Blow and Happy Jack are located 2km south southeast of Coolgardie and 900m southwest of the Brilliant South Open Pit. The two deposits strike north northeast dipping steeply east southeast. Big Blow is located on the west side of Tindals Haul Road and Happy Jack is located adjacent and east of the Tindals Haul Road (Figure 6).
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Figure 6: Map showing location of 2022 Big Blow and Happy Jack RC drilling
The Big Blow and Happy Jack structures were originally mined by small-scale underground means in the early 1900s with stoping mainly at the south end of the Big Blow open pit.
Big Blow was previously mined by Focus, as an incomplete pit including remnant blasted stocks between January 2012 and July 2013. The pit produced 163 Kt @ 1.29 g/t for 6,804 oz. During the second half of 2022 Focus designed, permitted and mined a small-scale open pit within the footprint of the 2013 incomplete Big Blow pit. The new pit was designed using A$2,200/oz gold price and employed a steeper ramp in order to efficiently recover material exceeding 0.8 g/t cut off for toll milling.
Prior to finalising the pit design the optimised pit was grade controlled using RC so that the Mineral Resource could be confirmed, and final design adjustment completed. The small-scale pit was mined using contractors with material processed via toll milling agreement.
Low grade material mined and stockpiled during 2022 has been toll milled in the June quarter 2023 confirming the grade at 0.81 g/t.
The remaining blasted stock comprising 7.76 kt @ 4.91 g/t for 1,225 oz (0.8 g/t cut off) within the 2022 Big Blow toll milling design is expected to be mined and processed during the December quarter 2023 at TMH.
Market Announcement | Page 9 of 96
Big Blow – Happy Jack Geology and Structure Summary
The Big Blow mineralisation is predominantly hosted by a sub-vertical to steeply east-dipping 10-20m wide fault zone and associated breccia within the Burbanks Basalt. Both the Big Blow and Happy Jack structures have been intruded by north trending feldspar-hornblende porphyries of similar style to those associated with Brilliant. Happy Jack is sub-parallel to Big Blow and hosts lower grade though structurally analogous mineralisation also within the Burbanks Basalt.
Big Blow – Happy Jack Resource Development Drilling
Focus drilled 71 RC holes in the Big Blow Happy Jack area. Sixty-two of the RC holes provided grade control on material from Big Blow subject to economic evaluation as a small-scale mining project with toll milling.
18 RC grade control holes for 150m were located on low grade stockpile material left over from mining in 2012/13 for Mineral Resource Estimation purposes. 9 RC holes for 462m were also completed at Happy jack to recover samples for material classification and targeted resource infill.
Big Blow Mineral Resource Estimation
After grade control infill of the designed toll milling Big Blow Open Pit the Mineral Resource was upgraded to Measured category. The updated toll milling open pit Mineral Resource reported on a dry tonnage basis using 0.8 g/t cut off comprises:
| Model | Category | Tonnage (Kt) |
Au Grade (g/t) |
Au Contained Oz |
|---|---|---|---|---|
| BigBlow including grade control drilling | Measured | 33.5 |
3.79 | 4,079 |
| Change % vs the 2021 Indicated Mineral | ||||
| Resource reported within approved pit | +2.1% | +6.6% | +8.8% | |
| design |
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Figure 7: View East 11m wide long section following the main shoot at Big Blow. The Indicated category mineralisation Block model centroids cut at 0.8 g/t outside the 2022 toll milling pit are coloured as per inset legend. Grade control holes and assays cut at 0.8 g/t are also shown with selected labels.
The 2013 Big Blow Low Grade Stockpile was drilled at approximately 10m x 10m spacing for Inverse Distance Squared (IDS) Mineral Resource estimation. The Mineral Resource is reported on a dry tonnage basis without cut off as stockpiles are not mined to a cut off. Bulk density of 1.6 t/m[3] has been applied and is based on recent toll milling reconciliation with processed Empress-Dreadnought low grade stockpile. The Empress – Dreadnought stockpile comprises similar material and a toll milling campaign of more than 100,000t reconciled at 1.67t/ m[3] .
| Model | Category | Tonnage (Kt) |
Au Grade (g/t) |
Au Contained Oz |
|
|---|---|---|---|---|---|
| Big | Blow Low Grade Stockpile after grade control drilling |
Measured | 44.9 |
0.56 | 811 |
The Big Blow Low Grade Stockpile reported a grade below cut off for toll milling and it has not been used for recent campaigns. The material can be utilised to support production at Coolgardie if required. Overall Mineral Resources after depletion at Big Blow including the historic low-grade stockpile have increased by 20 Koz or 62.5%.
CNX Mineral Resource Update
Highlights:
- Measured Mineral Resource within optimised pit design improved with 18% increase in grade and 5% increase in overall ounces
CNX Location and Production
CNX is located on the north-west extension of the Three Mile Hill Open Pit which had historic production of 4.2 Mt @ 2.4 g/t Au for 324Koz. The strike of the Mineral Resource being reported is 700m and reported to a vertical depth of 230m from surface. The south-east extension of the mineralisation is cut off using an exclusion zone 97m north of the Great Eastern Highway centreline. CNX is located only 1.25 km north north-west of the Three Mile Hill ROM pad.
The CNX deposit was last mined as a 30m deep trial pit in 1991. Archives indicate the following premining Open Pit Mineral Resource estimate and post-mining reconciliation:
| Classification | Tonnes | Au Grade (g/t) |
Au Contained Oz |
|---|---|---|---|
| 1991 Trial Pit Mineral Resource estimate 1g/t cut off | 120,00 | 2.1 | 8,000 |
| 1991 Trial Pit Estimated 20% [email protected]/t | 24,000 | 0.3 | 200 |
| 1991 Trial Pit Estimated Recovered Diluted Mineral Resource 1 g/t cut off |
143,000 | 1.8 | 8,200 |
| Reconciled Trial Pit Recovered Mineral Resource at 1 g/t cut off |
196,000 | 1.9 | 11,700 |
| 1991 Recovered lowgrade stockpile | 9,000 | 1.0 | 300 |
| Total Recovered 1991 CNX | 205,000 | 1.82 | 12,000 |
| 1991 CNX Mineral Resource vs Reconciliation % | +43.4% | +5.9% | +46.3% |
Market Announcement | Page 11 of 96
CNX Geology and Structure Summary
The main control on the bulk-style tabular mineralisation at CNX is the G2 Gabbro (Figures 8 and 9). Within the G2 Gabbro, 0.5cm to +5cm quartz-chlorite-sulphide veins form a series of stacked, shallow south-west dipping stockworks. Higher-grade mineralisation dips south-east within the G2 Gabbro and is characterised by sets of 5cm to 30cm-thick quartz-chlorite-sulphide veins.
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Figure 8: View to north and down showing the location of CNX along strike from the Three Mile Hill deposit. CNX Measured category block model centroids cut at 0.6 g/t are coloured as per inset legend. The CNX V5 pit design is show with black triangulation strings. Section location is also shown. RC grade control holes are marked with black hole traces and significant intersections coloured as per inset legend. The location of sterilisation holes is shown with blue arrow hole traces. The location of section box for Figure 12 (red box) is also shown.
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Figure 9: Sectional view towards the north-west of the interpreted cross section for 20CNDD004. The sub-vertical yellow polygon shows the location of the modelled G2 Gabbro that hosts the majority of the CNX mineralisation. Red polygons show the location of the bulk-style CNX mineralisation.
CNX Resource Development Drilling
First round of drilling includes 23 RC holes for 1,110m, targeting the southeastern half of CNX between 35m and 45m vertical depth. The holes were drilled on a general 15m x 20m pattern. The new holes infill the drill spacing in the southeastern half of CNX to a general 15m x 10m spacing to about 35m vertical depth. This infill drilling program was completed in order to better define the grade and to improve modelling of the main mineralised structural sets. As a result of this infill, it has now been possible to remodel the CNX deposit and estimate the Mineral Resource using Ordinary Kriging (OK) thereby the mineralisation spatial accuracy and precision of grade.
CNX Mineral Resource Estimation
The previous Mineral Resource for CNX was compiled in 2021 (Refer to ASX announcement dated 24 November 2021).
The detailed infill RC drilling at CNX defined the relationship of flat and moderately dipping mineralisation. Furthermore, it resulted in confirmation that the moderate dip structures control the majority of the Mineral Resource ounces and provide priority for areas where flats and moderate structures intersect. The higher resolution OK Mineral Resource enables higher levels of mining selectivity assessment and staging of pit development.
The OK CNX Mineral Resource has now been used for advanced mine design ahead of permitting, and to update the boundary of Measured Mineral Resources. On a dry tonnage basis using a cut off of 0.5 g/t Au the OK Mineral Resource is reported/compared with the previous LUC Mineral Resources:
| Classification | Tonnage (Mt) |
Change Tonnes |
Au Grade (g/t) |
Change Grade |
OK Au Koz |
Chang e oz |
|---|---|---|---|---|---|---|
| Measured | 1.77 | -17% | 1.31 | +23% | 74,400 | -3% |
| Indicated | 1.63 | -2% | 1.11 | +7% | 57,900 | +5% |
| Inferred | 0.46 | -43% | 1.46 | +46% | 21,700 | -17% |
| Total Mineral Resource |
4.6 |
-16% | 1.06 | +17% | 157,900 | -2% |
Alicia - Empress Area Mineral Resources Update
Highlights:
-
Mineral Resource for Empress Pit updated to JORC 2012 following review
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targeted RC drilling between Alicia and Empress
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ROM pads of low-grade material overlying Alicia deposit estimated for the first time
Alicia - Empress Location and Past Production
The Alicia-Empress deposit is located approximately 3.5km due south of the Coolgardie townsite and 6.5km south southeast from TMH.
Alicia is a previously unmined, near-surface gold deposit with minor historic shafts in the vicinity of the mineralisation. Alicia is located to the east of Empress and runs parallel to the Empress open pit. Empress was subject to historical underground mining and a minor trial pit. The main stage of Empress
Market Announcement | Page 13 of 96
open pit mining was completed by Focus Minerals between 2011-2012 and produced 192,241 tonnes at 2.11 g/t for 13,052 oz . Empress was also mined underground by Focus as part of the greater Tindals Underground development.
The area to the northeast and east of the Empress Open Pit were utilised as a ROM/stockpile. Parts of these ROM/stockpiles overly the Alicia deposit. The historic Tindals Open Pit waste dumps partly onlap the eastern side of the Alicia deposit.
Alicia – Empress Summary Geology and Structure
The two deposits, Empress and Alicia, are interpreted as being the two distinct limbs of an antiform with the fold hinge forming a structurally complex deposit (Figure 10). Local geology consists of a quartz bearing intrusive diorite between a mafic basalt hanging wall and komatiite footwall that displays distinctive spinifex texture. The majority of the gold mineralisation is hosted by the diorite intrusions and associated mm-cm scale quartz veins.
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Figure 10: View to the north and down of geology map for the Alicia-Empress area. The updated Alicia and Empress Resource model block centroids cut at 0.6 g/t are coloured for gold g/t as per inset legend. Dashed box shows fold hinge area between Alicia and Empress where steeply north northwest dipping mineralisation was targeted by shallow RC grade control drilling.
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Figure 11: View northeast towards the southeast wall of the Empress Open Pit with car parked at Alicia in background to help illustrate scale of the pit. Steeply north northeast dipping mineralised structures from the southern part of Alicia and across the southern part of the Empress pit (marked with red dashed lines). In the southeast wall of Empress Open Pit, the cross faults can be seen as intervals of foliation fabric with preferential weathering. The structures may be related to the axial planar fabric of a large regional syncline located ~3km east northeast of Alicia near the Boundary Open Pit.
The Alicia deposit consists of 5 main lodes that dip steeply to the west and cover a strike length of up to 300m (open at depth).
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Figure 12: Cross-section view looking north of the Alicia main lodes representative section, including 2020 drill hole 20ALRC002 and interpreted mineralisation wireframes. Significant intersections are calculated using a 0.5 g/t cut-off and up to 3m internal dilution.
The fold hinge between Alicia and Empress is characterised by low grade shallow north dipping lodes crosscut by narrow high grade steeply north north-west dipping lodes (Figure 13).
Market Announcement | Page 15 of 96
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Figure 13: Cross-section view looking east of the Alicia-Empress fold nose representative section (Figure 10), including drill holes (thick black holes traces) and interpreted mineralisation wireframes. Significant intersections are calculated using a 0.5g/t cut-off and up to 3m internal dilution.
The Empress deposit consists of subvertical north and north northeast striking lodes cross cut by the same north northwest dipping features seen at the fold hinge (Figure 13).
Following recognition of this important mineralised structural orientation the Empress deposit was remodelled including where appropriate north northwest dipping mineralisation (Figure 13).
Alicia - Empress Resource Development
Twenty RC holes for 1,595m were completed at Alicia to mainly target shallow mineralisation that was optimizing to the west of Alicia. Within the optimised Alicia pit seventeen RC holes 1,038m were completed on a 12m x 20m pattern. The targeted area had previously been drilled by RAB and RC including multiple orientations of RC. Drill orientation was optimised based on 2021 diamond core data.
Alicia – Empress Mineral Resource Estimation
The updated open pit Mineral Resources for the adjacent Alicia and Empress deposits were completed via comprehensive review and incorporation of new RC drilling.
The main zone mineralisation at Alicia and Empress is open to extension along strike to the north and at depth. Currently 350m of strike at Alicia and 240m of strike at Empress are included in the Mineral Resource.
Updated Empress and Alicia Mineral Resource estimates are reported on a dry tonnage basis using 0.7 g/t cut off and depth limited to 300m RL (120m below surface).
| Deposit | Classificati on Tonnage Change T Au Grade (g/t) Change g/t Au Contained Oz Change % Oz |
|---|---|
| ALICIA | Indicated 625,250 +24% 1.41 -10% 28,270 +11% |
| Inferred 1,900 +100% 1.15 +100% 70 +100% |
|
| Alicia Total 627,150 +24% 1.41 -10% 28,340 +11% |
|
| EMPRESS | Indicated 144,800 +13% 1.57 -21% 7,290 -9% |
| Inferred 35,200 +193% 1.09 -26% 1,230 -5% |
|
| Empress Total 180,000 +29% 1.47 -26% 8,852 -5% |
|
| Grand total updated open pit Mineral Resources 807,150 +25% 1.42 -15% 36,860 +7% |
|
| New ROM/stockpile Mineral Resource at Alicia is reported on a dry tonnage basis and without cut off for the entire ROM/stockpile volume. Deposit Classification Tonnage Au Grade(g/t) Au Contained Oz ROM NORTH Indicated 45,390 0.79 1,150 ROM SOUTH Indicated 14,740 0.71 335 Grand Total ROM/Stockpile 60,130 0.77 1,490 |
New ROM/stockpile Mineral Resource at Alicia is reported on a dry tonnage basis and without cut off for the entire ROM/stockpile volume.
In total the updated Mineral Resources comprise 874,790t @ 1.37 g/t for 38,540 oz.
Depth confirmation of reinterpreted Undaunted-Lady Charlotte Mineral Resource model
Highlights:
• Undaunted – Lady Charlotte Mineral Resource ounces increase 15%
Undaunted – Lady Charlotte Location and past production
Undaunted and Lady Charlotte are located just 300m north and northeast of the Tindals Mines Complex and 900m south of Brilliant Open Pit. The site is accessed by mine roads extending to the main ramp of the Tindals-Cyanide Open Pit and linking west back to the Tindals Haul Road.
Undaunted – Lady Charlotte Summary Geology and Structure
Undaunted and Lady Charlotte lie within an area of complexly folded and faulted Brilliant Ultramafic, and underlying Lindsays Basalt (lower basalt equivalent). The felsic intrusives of the Bayleys Porphyry Suite have intruded the folded and faulted contacts.
Market Announcement | Page 17 of 96
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Figure 14” View north and down for the updated Undaunted – Lady Charlotte Mineral Resource estimation with block model centroids cut at 0.6 g/t and coloured for gold grade g/t as per inset legend. Mapped/interpreted geology is also shown draped on topography. The outline and ramp for the Tindals – Cyanide Open Pit and Underground is also shown.
Undaunted (west side) and Lady Charlotte (east side) are subparallel NNE striking shears and diorite dyke-controlled lodes that dip steeply to the ESE. The two main lodes are linked by several curvilinear (S fabric) sub-vertical to steeply southeast dipping mineralised shears.
Undaunted and Lady Charlotte are typical of Tindals style mineralisation associated with diorite intrusions within the Brilliant Ultramafic unit.
The mineralisation domains have been interpreted over 570m strike length and 100m vertical depth, with mineralisation continuing along strike north and south and down dip.
Undaunted – Lady Charlotte Resource Development
A small program of reverse circulation (RC) drilling was completed at Undaunted and Lady Charlotte. This drilling tested the quality of historic drilling to confirm the tenor of interpreted and under drilled shoots which host higher grade and thickness of gold mineralisation (refer ASX announcement dated 26 April 2021).
This drilling successfully confirmed that higher grade shoots are present in these deposits from shallow levels. These high value shoots can be targeted for follow up resource development.
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Figure 15: View north of Undaunted and Lady Charlotte 2020 RC infill drilling (thicker drill traces) targeting mineralised shoots. Gold grade g/t is coloured as per inset legend and 2020 significant intersections calculated using 0.5 g/t cut off and up to 3m dilution have been labelled.
Undaunted – Lady Charlotte Mineral Resource Estimation
This Mineral Resource update for Undaunted and Lady Charlotte deposits now comply with JORC 2012 reporting. Only Inferred Category Mineral Resources are reported for the updated Mineral Resource estimates. This change in classification reflects results of data review including:
-
Identification of older drilling with incomplete sampling and or documentation
-
Removal of some holes from the database
-
Modelling less strike of mineralisation and in particular areas targeted by older holes.
The updated Mineral Resource estimation is reported on a dry tonnage basis to a depth of 90m (340mRL) and using a 0.5 g/t cut-off:
Undaunted updated Mineral Resource compared with 2012 Mineral Resource estimate:
| Classification | Tonnage (Kt) |
Tonnes Change % |
Au Grade (g/t) |
Grade Change % |
Au Contained Oz |
Au Ounces Change % |
|---|---|---|---|---|---|---|
| Indicated | 0 | -100% | 0 | -100% | 0 | -100% |
| Inferred | 382 | 203% | 1.53 | -20.9% | 18,750 | 134.3% |
| Total | 382 | 22% | 1.53 | -21.9% | 18,750 | -6.3% |
Lady Charlotte update Mineral Resource compared with 2012 Mineral Resource estimate:
| Classification | Tonnage (Kt) |
Tonnes Change % |
Au Grade (g/t) |
Grade Change % |
Au Contained Oz |
Au Ounces Change % |
|---|---|---|---|---|---|---|
| Indicated | 0 | -100% | 0 | -100% | 0 | -100% |
Market Announcement | Page 19 of 96
| Inferred | 780 | 125.5% | 1.27 | -15.9% | 31,850 | 87.4% |
|---|---|---|---|---|---|---|
| Total | 780 | 61.6% | 1.27 | -17.9% | 31,850 | 32.7% |
The total updated Undaunted and Lady Charlotte Mineral Resources compared with 2012 Mineral Resource estimate:
| Classification | Tonnage (Kt) |
Tonnes Change % |
Au Grade (g/t) |
Grade Change % |
Au Contained Oz |
Au Ounces Change % |
|---|---|---|---|---|---|---|
| Indicated | 0 | -100% | 0 | -100% | 0 | -100% |
| Inferred | 1,162 | 146.2% | 1.35 | -17.8 | 50,600 | 102.4% |
| Total | 1,162 | 46% | 1.35 | -21.2% | 50,600 | 15% |
Central Coolgardie Low Grade Stockpiles and Tails Mineral Resources
Highlights:
-
375 RC holes completed at 15m x 15m spacing for 1,134m targeting 3 historic low-grade stockpiles and 6 historic tails
-
Seven of the nine targeted areas drilled have returned material suitable for processing at TMH
-
In total an additional Indicated Mineral Resource of 194 Kt @ 0.8 g/t for 5,000 oz has been added
Central Coolgardie Gold Project Stockpiles and Tails Location
The Coolgardie Gold Project hosts numerous historic mines with remnant low grade stockpiles and historic gold treatment areas including leach vats. Nine deposits of potential free dig mill feed were identified in the central part of the CGP for infill drilling and Mineral Resource estimation. The Dreadnought – Empress Low Grade Stockpile was targeted with 10 – 15m spaced RC drilling leading to IDS Mineral Resource estimation. Follow up campaigns of toll milling confirmed a very close reconciliation of mill production to the reported Mineral Resource.
The low-grade stockpiles comprise transitional and fresh rock material sourced from historic mining at Greenfields Open Pit and Tindals Underground. The tails vats comprise crushed/ground ore veins from a variety of sources including: Bayleys, Lindsays, Redemption, Queen of Sheba and Golden Bar.
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Figure 15: Plan view central Coolgardie Gold Project (CGP) with historic low-grade stockpiles and tails targeted by Stage 1 RC infill drilling in the first half of 2023.
Central CGP Stockpiles and Tails Resource Development
RC drilling at 15m x 15m spacing has been completed over stage 1 Central CGP low grade targets. In total 375 RC holes for 1,134m were drilled. The drill sampling was completed using a track mounted RC rig with onboard cone splitter. All holes were drilled dry with 1m split samples submitted for fire assay gold analysis. Regular QAQC protocols were used including inserting a range of standards into the sample sequence. The sampling provides a consistent database for modelling and Mineral Resource estimation with a high level of integrity and QAQC. Detailed collar pick up and surveys have been conducted to provide accurate digital terrain models (DTM) for the estimation.
Central CGP Stockpiles/Tails Mineral Resource Estimation
The data has been interpreted in Leapfrog to determine areas that are consistently mineralised and have sufficient gold mineralisation including any internal waste. These modelled solids are considered
Market Announcement | Page 21 of 96
recoverable using mechanised load and haul with processing at TMH. Furthermore, where appropriate HG and LG domains have been modelled to facilitate mining selectivity.
The resulting models have been estimated using Datamine and application of regular Mineral Resource Estimation protocols. The Mineral Resource estimation has been completed using Inverse Distance Squared (ID[2] ). Dry bulk density has been assigned to the stockpiles and tails at 1.6 T/m[3] . This is slightly lower than the 1.67 T/m[3] that has been consistently achieved from the Dreadnought – Empress low grade stockpile. Indicated Mineral Resources are reported for recoverable portions of the stockpiles/tails only. It is noted that all reported Mineral Resources exceed the 0.4 g/t cut off.
==> picture [451 x 134] intentionally omitted <==
The release of this ASX announcement was authorised by Mr Wanghong Yang, Executive Chairman of Focus Minerals Ltd.
For further information please contact: For media and investor enquiries please contact: Alex Aaltonen Nicholas Ong General Manager Exploration Company Secretary Focus Minerals Ltd. Focus Minerals Ltd. Phone: +61 8 9215 7888 Phone: +61 8 9215 7888 Email: [email protected] Email: [email protected]
About Focus Minerals Limited (ASX: FML)
Focus Minerals is Western Australia’s newest gold producer and focused on delivering shareholder value from its 100%-owned Coolgardie Gold Operation and Laverton Gold Project, in Western Australia’s Goldfields.
Focus is committed to delivering shareholder value from the Coolgardie Gold Operation, a 121km[2] tenement holding that includes a 1.2Mtpa processing plant at Three Mile Hill, with commencement of mining activities in mid2023. A new Life of Mine plan with 7-year production for 402,000oz of gold was announced to the ASX on 24 October 2022.
The Laverton Gold Project covers 384km[2] area of highly prospective ground that includes the historic Lancefield and Chatterbox Trend mines. Focus’ priority target is to confirm sufficient gold mineralisation to support production restart at Laverton.
Competent Person Statement
The information in this announcement that relates to Exploration Results is based on information compiled by Mr Alex Aaltonen, who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Aaltonen is an employee of Focus Minerals Limited. Mr Aaltonen has sufficient experience that 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.
The Mineral Resource estimates were undertaken by Ms Hannah Kosovich, an employee of Focus Minerals. Ms Hannah Kosovich is a member of Australian Institute of Geoscientists and has sufficient experience 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 Aaltonen and Ms Hannah Kosovich consent to the inclusion in the report of the matters based on the information in the form and context in which it appears.
Market Announcement | Page 23 of 96
JORC Code, 2012 Edition – Table 1 Greenfields Deposit
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Explanation |
|---|---|
| Sampling techniques | • This report relates to results from Reverse Circulation (RC) drilling and diamond core (DD) drilling. • Focus Minerals Ltd (FML) RC percussion drill chips were collected at 1m intervals via a riffle splitter orthrough a cyclone and cone splitterto achieve a sample weight of approximately 3kg. Historically 2m composite samples were collected by spear samplingthe bulk 1m sample. Where results returned greater than 0.2g/t Au, the 1m samples were submitted. • For FML diamond core, sample intervals are either cut on metre intervals or with intervals selected to geological boundaries down to 10cm. Core is cut in half by diamond bladed saw with half sent to the laboratory and half retained in the core tray on site. Some of the diamond core has been ¼ core sampled, this is only in the minority of cases. • Coolgardie Gold NL (CGNL) collected 1m samples or 2m composites for RC holes, however, do not state their sub-sampling techniques. • CGNL diamond core was drilled at NQ size with an RC pre-collar. Half-core samples were selectively taken over 1m intervals. • Gold Mines of Coolgardie (GMC) collected 1m RC samples from surface. • MPI collected 1m RC cuttings and were then passed through a trailer mounted cyclone and stand-alone riffle splitter to provide a 4-6kg sample. • Diamond core was drilled at NQ2 size and after orienting and logging, was ½ core sampled over the entire length of alteration zones up to a maximum of 1.5m length. • The Redemption JV (RJV) established between companies Goldfan Ltd, Croesus Mining NL, Matador Mining and Focus Minerals collected 1m RC samples from a trailer mounted cyclone and riffle splitter to achieve a sample weight of 4-6kg. • Diamond core was NQ2 sized and ½ core sampled from 0.3m to a maximum of 1.5m. |
| Drilling techniques | • All FML drilling was completed using an RC face sampling hammer or NQ size diamond core. Diamond core was orientated by the drilling contractor using an Ezy-mark system. Most holes were surveyed upon completion of the drilling have either been surveyed by single-shot camera, electronic multi-shot (EMS) or Gyroscopic methods. • Historic RC holes were drilled using a face sampling hammer or NQ sized diamond core. Holes were surveyed by either EMS or single shot surveys. Diamond core was orientated using the Ezy-Mark system. |
| Drill sample recovery | • FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry whenever possible to maximize recovery, with water injection on the outside return to minimise dust. • Diamond core recovery is recorded as core-loss however there were no core-loss issues at Greenfields. • Sample recovery has been recorded in the drill hole logs for the diamond holes drilled by CGNL with no recovery issues. Historic RC drilling recovery is not recorded. |
| Logging | • FML drill holes were logged for the entire length of the hole. • All diamond core samples were orientated, marked into metre intervals and compared to the depth measurements on the core blocks. Any core loss was noted and recorded in the database. All core was logged for structure and geology using the same system as RC. The core wasphotographed wet and dry one tray |
Page 24 of 96
| at a time using a standardised photography jig. • All RC samples were geologically logged to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • Logging was qualitative; however, the geologists often record quantitative mineral percentage ranges. • Historic RC and Diamond holes have been logged at 1m intervals to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • Original drill logs have been viewed and used to validate data stored in acQuire for a majority of the pre-Focus drilling. |
|
|---|---|
| Sub-sampling techniques and sample preparation |
• FML diamond core samples were taken from half core or quarter core cut using an Almonte automatic core saw. The remainder of the core was retained in core trays. • RC samples were riffle or cone split to a nominal 2.5kg to 3kg sample weight. The drilling method was designed to maximise sample recovery and delivery of a clean, representative sample into the calico bag. The use of a booster and auxiliary compressor provide dry sample for depths below the water table. • The samples were collected in a pre-numbered calico bag bearing a unique sample ID. Samples were crushed to 75μm at the laboratory and riffle split (if required) to a maximum 3kg sample weight. • FML samples have been assayed by various laboratories, the 2021 and 2022 drill samples were sent to Jinnings Laboratory in Kalgoorlie for a 40g Fire Assay method with an AAS or ICP-OES finish. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques and practices that are appropriate for this style of mineralisation. Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • The sample sizes were considered to be appropriate for the type, style and consistency of mineralisation encountered during this phase of exploration. • Analytical methods for gold analysis for much of the historical drilling are 25g – 50g Fire Assay method and 50g Aqua Regia completed at various laboratories in Kalgoorlie and Perth. |
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • Earlier FML QAQC checks involved inserting a standard or blank every 20 samples in RC or diamond drilling and taking a field duplicate every 20 samples in RC. Field duplicates were collected from the cone splitter on the rig. Diamond core field duplicates were not taken, a minimum of 3 standards were inserted for every sample batch submitted. • Regular reviews of the sampling were carried out by the supervising geologist and senior field staff, to ensure all procedures were followed and best industry practice carried out. • All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. • An umpire sampling program was carried out on a selection of samples from the 2022 RC drill program. Pulps from the primary Jinnings Laboratory analysis were sent to ALS Laboratory for check analysis. From the 321 check analyses, the correlation was generally very good, however did highlight the presence of nuggety gold at Greenfields. • Very little in the way of quality control data is available from sampling of the historical drilling that currently defines the resource. In 2002 MPI resampled some of the CGNL diamond core with repeats showing high degree of grade variability with a slight upgrade in mean grade. • RJV inserted a certified standard and a field blank every 20 samples, whilst the |
Market Announcement | Page 25 of 96
| ALS Chemex laboratory in Kalgoorlie inserted a blank or certified standard every 20 samples and a duplicate every 10 samples. Drilling by Focus aimed to confirm the geometry of the ore envelope and grade tenor encountered in historical drilling. |
|
|---|---|
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • Historic holes were validated against paper copies and WAMEX reports where possible. • The 2022 drill program highlighted inconsistences within a series of historic holes drilled by CGNL/GMC in 1995. From the results of further drilling and umpire assay results, 8 historic “GFC” series holes drilled by CGNL/GMC in 1995 were removed from the MRE. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. |
| Location of data points |
• All co-ordinates and bearings use the MGA94 Zone 51 grid system. • FML drill collars were surveyed by DGPS base station instruments. • Most of the RC and diamond holes have down hole surveys by either Eastman single shot camera, Electronic Multi-shot or Gyroscopic methods. • CGNL used Surtron to carry out the downhole surveying. |
| Data spacing and distribution |
• Drilling has been conducted on 20m by 10 – 15m spaced grid on sections orientated across strike of the ore zone at an azimuth of either 020º or 200 º and at various dips. • After mining commenced FML conducted RC Grade control drilling on a 10m x 10m staggered grid at different pit floor levels across the mineralisation, averaging 40m depth. Wider spaced drilling exists at depth up to as wide as 40m by 80m. |
| Orientation of data in relation to geological structure |
• Drilling was designed based on known geological models, field mapping, verified historical data and cross-sectional interpretation. • Drill holes were orientated at right angles to the strike of the deposit, with dip optimised for drill capabilities and dip of the mineralisation. |
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • Historic sample security is not recorded. |
| Audits or reviews | • Significant data validation was completed by consultants Hellmann and Schofield who completed a resource estimate in 2005. • A review of sampling techniques was carried out by rOREdata Pty Ltd in late 2013 as part of a database amalgamation project. Their only recommendation was to change the QA/QC intervals to bring them into line with the FML Laverton system, which uses the same frequency of standards and duplicates but has them inserted at different points within the numbering sequence. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section)
| Criteria | Explanation |
|---|---|
| Mineral tenement and land tenure status |
• Greenfields is located within Mining Lease M15/154, registered to Focus Minerals Ltd. and Focus Operations Pty Ltd of Perth, Western Australia and which is current until April 2027. • The Malinyu Ghoorlie 2017 and Maduwongga 2017 Claims cover the majority of the Coolgardie tenure. At this stage no Coolgardie claims have progressed to determined status. |
| Exploration done by other parties |
• Greenfields is a site of numerous historic workings including small pits and shafts, however no production figures are available for these workings. Modern exploration by Coolgardie Gold NL includes trenching and multiple drill campaigns including RAB, RC and Diamond drilling. Gold Mines of Coolgardie Pty Ltd (GMC), MPI Gold Pty Ltd and FML have also run drilling campaigns of RC and Diamond at Greenfields. • Mining atGreenfields OP has been completed in a number of campaigns: Company From To Tonnes Grade Ounces CGNL Jul-86 May-88 435,000 1.6 22,377 Herald Mar-90 Oct-96 367,000 1.86 21,947 MPI Dec-03 Feb-05 633,431 1.68 34,214 FML Oct-12 Jul-13 93,072 1.14 3,397 TOTAL 1,528,503 1.67 81,935 |
| Geology | • The Greenfields deposit is located within the Greenfield sill which is an equivalent unit of the Three Mile Sill. • From footwall to hangingwall the geology of the Greenfields open pit comprises: • Non mineralised units comprising the steeply southwest dipping footwall shear zone. • Ultramafic volcanics • Structurally repeated sequence of sheared ultramafics and overlying Black Flag volcaniclastics, • Sheared Black Flag volcaniclastics. • Units from the hangingwall to the footwall shear zone: • A syncline defined by folded Black Flag Volcaniclastics is noted at the upper NW and SE sides of the open pit. This syncline presumably overlaid gabbro hosted mineralisation through the central parts of the now mined open pit. • The majority of the open pit is situated on the hangingwall of the unmineralized footwall shear zone. The Hangingwall is composed predominantly of Three Mile Sill equivalent differentiated layered intrusion. The chill margin of the intrusion is dolerite. The central part of the intrusion comprises variable gabbro sub-units including significantly mineralised G2 Gabbro unit. Gold Mineralisation • Mineralisation is hosted by a quartz vein stockwork that exploits a conjugate set of brittle-ductile fractures. The structural sets are dominantly: • Flat dipping to the south west and, • steep dipping to the southwest • The structural sets host Bucky quartz veins have accessory pyrrhotite and arsenopyrite sulphides and sometimes visible gold is observed. • Veins display crack seal textures and are commonly weakly wall rock laminated. • The wall rock to the veins is commonly bleached over 0.2 - 0-.4m intervals. |
Market Announcement | Page 27 of 96
| Criteria | Explanation | Explanation | Explanation | Explanation |
|---|---|---|---|---|
| Drill hole Information | • Historic drilling information has been validated against publicly available WAMEX reports. Not all drill holes can be found referenced in the WAMEX reports. However, cross-checking of original drill surveys was verified against the database. Most of these holes were drilled in the excavated pit area and has been depleted from the reported resource. |
|||
| Company | Drill Hole Number | WAMEX Report A- Number |
WAMEX Report Date |
|
| Coolgardie Gold NL |
GFC002, GFC003, GFC005, GFC006, GFC007, GFC009, GFC010, GFC011, GFC013, GFC014, GFC015, GFC017, GFC018, GFC019, GFC021, GFC022, GFC023, GFC025, GFC026, GFC027, GFC028, GFC030, GFC031, GFC033, GFC034, GFC036, GFC037, GFC039, GFC040, GFC042, GFC043, GFC044, GFC048, GFC050, GFC051, GFC052, GFC054, GFC061, GFC062, GFC065, GFC073, GFC075, GFC076, GFC077, GFC079 |
17821 | Apr-86 | |
| GFD093, GFD094, GFD095, GFD096, GFD097, GFD098, GFD099, GFD100, GFD101, GFD102, GFD103, GFD104, GFD105, GFD106, GFD107, GFD108, GFD109, GFD110, GFD111, GFD112, GFD113, GFD114, GFD115, |
27478 | 01-Apr-89 | ||
| GFW119, GFW120 | 30743 | 01-May-90 | ||
| GFC119, GFC120, GFC122,GFC124, GFC126, GFC127, GFC128, GFC129, GFC130, GFC131, GFC132, GFC133, GFC134, GFC135, GFC136, GFC143, GFC144, GFC145, GFC146 |
44537 | 01-May-95 | ||
| GMC | 8GFC147, GFC148, GFC150, GFC151, GFC155, GFC156, GFC157, GFC158, GFC159 |
48019 | 01-May-96 | |
| GFC160, GFC161, GFC162, GFC164, GFC165, GFC166, GFC167, GFC168 |
52248 | 01-Sep-97 | ||
| MPI | GFD432, GFD433 | 66091 | 01-Feb-03 | |
| GFR429, GFR430, GFR431, GFR434 | 66091 | 01-Feb-03 | ||
| Redemption JV | GFDD30160-1, GFDD30220-1, GFDD30300- 1, GFDD30340-1 |
74513 | 28-Feb-07 | |
| GFRC29990-1, GFRC30060-1, GFRC30100-1, GFRC30120-1, GFRC30340-2, GFRC30340-3 |
74513 | 28-Feb-07 | ||
| Focus Minerals Ltd |
TMHCD0009, TMHCD0011, TMHCD0017, TMHCD0018 |
92766 | 09-Feb-11 | |
| TMHDD0019, TMHDD0020, TMHDD0021, TMHDD0022, TMHDD0023 |
||||
| Criteria | Explanation | Explanation | Explanation | Explanation | Explanation | Explanation | Explanation | Explanation | Explanation | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| • Previously reported drilling information NOT available on WAMEX reports: Drill Hole ID ASX Release Title Date GRC350-001, GRC350-002, GRC355-008, GRC355-013, GRC355-014, GRC355-015, GRC355-016, GRC355-017, GRC355-019, GRC355-020, GRC355-021, GRC355-022, GRC355-027, GRC355-028, GRC355-029, GRC355-030, GRC355-031, GRC355-032, GRC355-033, GRC355-034, GRC355-035, GRC355-037, GRC355-038, GRC360-002, GRC360-003, GRC360-004, GRC360-005, GRC360-006, GRC360-007, GRC360-008, GRC360-009, GRC360-010, GRC360-011, GRC360-012, GRC360-013, GRC360-014, GRC360-016, GRC360-017, GRC360-019, GRC360-020, GRC360-023, GRC360-024, GRC360-025, GRC360-026, GRC360-027, GRC360-028, GRC360-029, GRC360-030, GRC360-031, GRC360-032, GRC360-033, GRC360-034, GRC360-035, GRC360-036, GRC360-038, GRC360-039, GRC360-040, GRC360-042, GRC360-043, GRC360-044, GRC360-045, GRC360-046, GRC360-049, GRC360-052, GRC360-053, GRC360-054, GRC370-001, GRC370-002, GRC370-003, GRC370-004, GRC370-005, GRC370-006, GRC370-007, GRC370-008, GRC370-009, GRC370-010, GRC370-011, GRC370-012, GRC370-013, GRC370-014, GRC370-015, GRC370-016, GRC370-017, GRC370-018, GRC370-019, GRC370-020, GRC370-021, GRC370-022, GRC370-023, GRC370-024, GRC370-025, GRC370-026, GRC370-027, GRC370-028, GRC370-029, GRC370-030, GRC370-031, GRC370-032, GRC370-035, GRC370-036, GRC370-037, GRC370-038, GRC370-039, GRC370-040, GRC370-041, GRC370-042, GRC370-047, GRC370-049, GRC370-050, GRC370-051, GRC360-021, GRC360-022, GRC360-018, GRC360-047, GRC360-015, GRC360-048, GRC360-037, GRC360-041, GRC355-001, GRC355-009, GRC355-002, GRC350-007, GRC350-008, GRC350-012, GRC350-011, GRC350-005, GRC350-009, GRC350-013, GRC350-010, GRC350-003, GRC355-039, GT355-001, GRC355-041, GT355-002, GRC355-023, GRC355-018, GRC355-040, GRC355-024, GRC355-036, GRC355-012, GT355-004, GT355-003, GRC350-014, GRC355-025, GT355-005, GT355-006, 21GFDD001, GFD029, GFD032, GFD035, GFD038, GFD041, GFD049, GFD053, GFD055, GFD057, GFD064, GFD066, GFD068, GFD069, GFD078, GFD080, GFD082, GFD083, GFD084, GFD085, GFD086, GFD087, GFD088, GFD089, GFD090, GFD091, GFD092 Measured Resources Growth at Greenfields 6-Aug-22 • 2022 FML holes not publicly available on WAMEX: |
||||||||||
| Drill Hole ID | ASX Release Title | Date | ||||||||
| GRC350-001, GRC350-002, GRC355-008, GRC355-013, GRC355-014, GRC355-015, GRC355-016, GRC355-017, GRC355-019, GRC355-020, GRC355-021, GRC355-022, GRC355-027, GRC355-028, GRC355-029, GRC355-030, GRC355-031, GRC355-032, GRC355-033, GRC355-034, GRC355-035, GRC355-037, GRC355-038, GRC360-002, GRC360-003, GRC360-004, GRC360-005, GRC360-006, GRC360-007, GRC360-008, GRC360-009, GRC360-010, GRC360-011, GRC360-012, GRC360-013, GRC360-014, GRC360-016, GRC360-017, GRC360-019, GRC360-020, GRC360-023, GRC360-024, GRC360-025, GRC360-026, GRC360-027, GRC360-028, GRC360-029, GRC360-030, GRC360-031, GRC360-032, GRC360-033, GRC360-034, GRC360-035, GRC360-036, GRC360-038, GRC360-039, GRC360-040, GRC360-042, GRC360-043, GRC360-044, GRC360-045, GRC360-046, GRC360-049, GRC360-052, GRC360-053, GRC360-054, GRC370-001, GRC370-002, GRC370-003, GRC370-004, GRC370-005, GRC370-006, GRC370-007, GRC370-008, GRC370-009, GRC370-010, GRC370-011, GRC370-012, GRC370-013, GRC370-014, GRC370-015, GRC370-016, GRC370-017, GRC370-018, GRC370-019, GRC370-020, GRC370-021, GRC370-022, GRC370-023, GRC370-024, GRC370-025, GRC370-026, GRC370-027, GRC370-028, GRC370-029, GRC370-030, GRC370-031, GRC370-032, GRC370-035, GRC370-036, GRC370-037, GRC370-038, GRC370-039, GRC370-040, GRC370-041, GRC370-042, GRC370-047, GRC370-049, GRC370-050, GRC370-051, GRC360-021, GRC360-022, GRC360-018, GRC360-047, GRC360-015, GRC360-048, GRC360-037, GRC360-041, GRC355-001, GRC355-009, GRC355-002, GRC350-007, GRC350-008, GRC350-012, GRC350-011, GRC350-005, GRC350-009, GRC350-013, GRC350-010, GRC350-003, GRC355-039, GT355-001, GRC355-041, GT355-002, GRC355-023, GRC355-018, GRC355-040, GRC355-024, GRC355-036, GRC355-012, GT355-004, GT355-003, GRC350-014, GRC355-025, GT355-005, GT355-006, 21GFDD001, GFD029, GFD032, GFD035, GFD038, GFD041, GFD049, GFD053, GFD055, GFD057, GFD064, GFD066, GFD068, GFD069, GFD078, GFD080, GFD082, GFD083, GFD084, GFD085, GFD086, GFD087, GFD088, GFD089, GFD090, GFD091, GFD092 |
Measured Resources Growth at Greenfields |
6-Aug-22 | ||||||||
| • 2022 FML holes not publicly available on WAMEX: |
||||||||||
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection | |||||
| Greenfields RC grade control significant Intersections calculated at 0.5g/t Au cut off an up to 3m internal dilution |
||||||||||
| 22GFRC001 | 328197 | 6576424 | 358 | -60 | 19.0 | 14.0 | Abandoned collar collapsing | |||
| 22GFRC002 | 328187 | 6576386 | 355 | -52.4 | 29.9 | 102 | 22GFRC002 - [email protected]/t from 10m for(GxM 1) | |||
| 22GFRC002 - [email protected]/t from 20m for(GxM 4) | ||||||||||
| 22GFRC002 - [email protected]/t from 36m for(GxM 1) | ||||||||||
| 22GFRC002 - [email protected]/t from 42m for(GxM 4) | ||||||||||
| 22GFRC002 - [email protected]/t from 71m for(GxM 15) | ||||||||||
Market Announcement | Page 29 of 96
Criteria Explanation
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection | |
|---|---|---|---|---|---|---|---|---|
| Greenfields RC grade control significant Intersections calculated at 0.5g/t Au cut off an up to 3m internal dilution |
||||||||
| 22GFRC014 | 328026 | 6576450 | 350 | -59.4 | 18.6 | 114 | 22GFRC014 - [email protected]/t from 0m for(GxM 2) | |
| 22GFRC014 - [email protected]/t from 5m for(GxM 7) | ||||||||
| 22GFRC014 - [email protected]/t from 31m for(GxM 1) | ||||||||
| 22GFRC014 - [email protected]/t from 39m for(GxM 1) | ||||||||
| 22GFRC014 - [email protected]/t from 58m for(GxM 26) | ||||||||
| 22GFRC014 - [email protected]/t from 74m for(GxM 21) | ||||||||
| 22GFRC014 - [email protected]/t from 91m for(GxM 1) | ||||||||
| 22GFRC014 - [email protected]/t from 96m for(GxM 14) | ||||||||
| 22GFRC015 | 328115 | 6576409 | 350 | -60.1 | 19.6 | 114 | 22GFRC015 - [email protected]/t from 6m for(GxM 9) | |
| 22GFRC015 - [email protected]/t from 55m for(GxM 3) | ||||||||
| 22GFRC015 - [email protected]/t from 61m for(GxM 4) | ||||||||
| 22GFRC015 - [email protected]/t from 67m for(GxM 15) | ||||||||
| 22GFRC015 - [email protected]/t from 87m for(GxM 28) | ||||||||
| 22GFRC016 | 328176 | 6576390 | 355 | -51.5 | 19.1 | 102 | 22GFRC016 - [email protected]/t from 21m for(GxM 13) | |
| 22GFRC016 - [email protected]/t from 38m for(GxM 147) | ||||||||
| 22GFRC016 - [email protected]/t from 59m for(GxM 6) | ||||||||
| 22GFRC016 - [email protected]/t from 70m for(GxM 63) | ||||||||
| 22GFRC016 - [email protected]/t from 87m for(GxM 13) | ||||||||
| 22GFRC017 | 328172 | 6576389 | 355 | -60.4 | 18.3 | 120 | 22GFRC017 - [email protected]/t from 11m for(GxM 1) | |
| 22GFRC017 - [email protected]/t from 23m for(GxM 2) | ||||||||
| 22GFRC017 - [email protected]/t from 47m for(GxM 2) | ||||||||
| 22GFRC017 - [email protected]/t from 62m for(GxM 2) | ||||||||
| 22GFRC017 - [email protected]/t from 68m for(GxM 30) | ||||||||
| 22GFRC017 - [email protected]/t from 94m for(GxM 1) | ||||||||
| 22GFRC017 - [email protected]/t from 99m for(GxM 14) | ||||||||
| 22GFRC018 | 328188 | 6576418 | 358 | -60.3 | 13.9 | 78 | 22GFRC018 - [email protected]/t from 7m for(GxM 1) | |
| 22GFRC018 - [email protected]/t from 17m for(GxM 9) | ||||||||
| 22GFRC018 - [email protected]/t from 28m for(GxM 1) | ||||||||
| 22GFRC018 - [email protected]/t from 38m for(GxM 46) | ||||||||
| 22GFRC019 | 328034 | 6576452 | 350 | -50.5 | 28.7 | 102 | 22GFRC019 - [email protected]/t from 2m for(GxM 1) | |
| 22GFRC019 - [email protected]/t from 20m for(GxM 1) | ||||||||
| 22GFRC019 - [email protected]/t from 27m for(GxM 4) | ||||||||
| 22GFRC019 - [email protected]/t from 40m for(GxM 1) | ||||||||
| 22GFRC019 - [email protected]/t from 54m for(GxM 41) | ||||||||
| 22GFRC020 | 328057 | 6576433 | 349 | -63.7 | 18.1 | 120 | 22GFRC020 - [email protected]/t from 36m for(GxM 57) | |
| 22GFRC020 - [email protected]/t from 58m for(GxM 1) | ||||||||
| 22GFRC020 - [email protected]/t from 68m for(GxM 50) | ||||||||
| 22GFRC020 - [email protected]/t from 107m for(GxM 8) | ||||||||
| 22GFRC021 | 328062 | 6576429 | 349 | -52.0 | 12.0 | 12 | 22GFRC021 - [email protected]/t from 5m for(GxM 3) | |
| 22GFRC022 | 328064 | 6576429 | 349 | -51.0 | 28.5 | 114 | 22GFRC022 - [email protected]/t from 4m for(GxM 75) | |
| 22GFRC022 - [email protected]/t from 13m for(GxM 4) | ||||||||
| 22GFRC022 - [email protected]/t from 55m for(GxM 2) | ||||||||
| 22GFRC022 - [email protected]/t from 62m for(GxM 1) | ||||||||
| 22GFRC022 - [email protected]/t from 75m for(GxM 55) | ||||||||
| 22GFRC023 | 328069 | 6576415 | 350 | -51.0 | 323.1 | 120 | 22GFRC023 - [email protected]/t from 80m for(GxM 2) | |
| 22GFRC023 - [email protected]/t from 97m for(GxM 1) | ||||||||
| 22GFRC023 - [email protected]/t from 105m for(GxM 2) | ||||||||
| 22GFRC023 - [email protected]/t from 110m for(GxM 1) | ||||||||
| 22GFRC023 - [email protected]/t from 119m for(GxM 1) | ||||||||
| 22GFRC024 | 328097 | 6576409 | 350 | -51.4 | 320.4 | 120 | 22GFRC024 - [email protected]/t from 3m for(GxM 1) | |
| 22GFRC024 - [email protected]/t from 21m for(GxM 1) | ||||||||
| 22GFRC024 - [email protected]/t from 27m for(GxM 2) | ||||||||
| 22GFRC024 - [email protected]/t from 53m for(GxM 4) | ||||||||
| 22GFRC024 - [email protected]/t from 62m for(GxM 3) | ||||||||
| 22GFRC024 - [email protected]/t from 81m for(GxM 2) | ||||||||
| 22GFRC024 - [email protected]/t from 94m for(GxM 1) | ||||||||
| 22GFRC024 - [email protected]/t from 101m for(GxM 4) | ||||||||
| 22GFRC024 - [email protected]/t from 115m for(GxM 4) | ||||||||
| 22GFRC025 | 328114 | 6576403 | 350 | -53.3 | 322.7 | 150 | 22GFRC025 - [email protected]/t from 21m for(GxM 3) | |
| 22GFRC025 - [email protected]/t from 37m for(GxM 1) | ||||||||
| 22GFRC025 - [email protected]/t from 48m for(GxM 1) | ||||||||
| 22GFRC025 - [email protected]/t from 56m for(GxM 1) | ||||||||
| 22GFRC025 - [email protected]/t from 78m for(GxM 4) | ||||||||
| 22GFRC025 - [email protected]/t from 98m for(GxM 1) | ||||||||
| 22GFRC025 - [email protected]/t from 100m for(GxM 1) | ||||||||
| 22GFRC025 - [email protected]/t from 109m for(GxM 10) | ||||||||
| 22GFRC025 - [email protected]/t from 123m for(GxM 3) | ||||||||
| 22GFRC025 - [email protected]/t from 137m for(GxM 2) | ||||||||
| 22GFRC025 - [email protected]/t from 143m for(GxM 5) | ||||||||
| 22GFRC026 | 328126 | 6576400 | 351 | -58.4 | 30.2 | 120 | 22GFRC026 - [email protected]/t from 10m for(GxM 2) | |
| 22GFRC026 - [email protected]/t from 27m for(GxM 1) | ||||||||
| 22GFRC026 - [email protected]/t from 32m for(GxM 1) | ||||||||
| 22GFRC026 - [email protected]/t from 44m for(GxM 1) | ||||||||
| 22GFRC026 - [email protected]/t from 51m for(GxM 18) | ||||||||
| 22GFRC026 - [email protected]/t from 83m for(GxM 14) | ||||||||
| 22GFRC026 - [email protected]/t from 111m for(GxM 3) | ||||||||
| 22GFRC026 - [email protected]/t from 118m for(GxM 1) |
Market Announcement | Page 31 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection | |
|---|---|---|---|---|---|---|---|---|
| Greenfields RC grade control significant Intersections calculated at 0.5g/t Au cut off an up to 3m internal dilution |
||||||||
| 22GFRC027 | 328164 | 6576375 | 355 | -52.7 | 323.4 | 156 | 22GFRC027 - [email protected]/t from 10m for(GxM 1) | |
| 22GFRC027 - [email protected]/t from 22m for(GxM 1) | ||||||||
| 22GFRC027 - [email protected]/t from 43m for(GxM 1) | ||||||||
| 22GFRC027 - [email protected]/t from 98m for(GxM 5) | ||||||||
| 22GFRC027 - [email protected]/t from 117m for(GxM 1) | ||||||||
| 22GFRC027 - [email protected]/t from 144m for(GxM 27) | ||||||||
| 22GFRC028 | 328145 | 6576384 | 354 | -51.3 | 325.0 | 156 | 22GFRC028 - [email protected]/t from 18m for(GxM 4) | |
| 22GFRC028 - [email protected]/t from 39m for(GxM 1) | ||||||||
| 22GFRC028 - [email protected]/t from 42m for(GxM 1) | ||||||||
| 22GFRC028 - [email protected]/t from 71m for(GxM 3) | ||||||||
| 22GFRC028 - [email protected]/t from 131m for(GxM 59) | ||||||||
| 22GFRC029 | 328186 | 6576368 | 356 | -52.3 | 323.6 | 156 | 22GFRC029 - [email protected]/t from 16m for(GxM 1) | |
| 22GFRC029 - [email protected]/t from 46m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 53m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 77m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 82m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 91m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 109m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 129m for(GxM 1) | ||||||||
| 22GFRC029 - [email protected]/t from 142m for(GxM 10) | ||||||||
| 22GFRC030 | 328190 | 6576368 | 356 | -57.1 | 327.5 | 156 | 22GFRC030 - [email protected]/t from 13m for(GxM 1) | |
| 22GFRC030 - [email protected]/t from 16m for(GxM 9) | ||||||||
| 22GFRC030 - [email protected]/t from 51m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 59m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 74m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 80m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 87m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 105m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 114m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 128m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 132m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 136m for(GxM 1) | ||||||||
| 22GFRC030 - [email protected]/t from 148m for(GxM 7) | ||||||||
| 22GFRC031 | 328192 | 6576367 | 356 | -59.6 | 339.5 | 133 | 22GFRC031 - [email protected]/t from 14m for(GxM 2) | |
| 22GFRC031 - [email protected]/t from 33m for(GxM 3) | ||||||||
| 22GFRC031 - [email protected]/t from 44m for(GxM 1) | ||||||||
| 22GFRC031 - [email protected]/t from 63m for(GxM 1) | ||||||||
| 22GFRC031 - [email protected]/t from 82m for(GxM 1) | ||||||||
| 22GFRC031 - [email protected]/t from 93m for(GxM 1) | ||||||||
| 22GFRC031 - [email protected]/t from 97m for(GxM 5) | ||||||||
| 22GFRC031 - [email protected]/t from 118m for(GxM 2) | ||||||||
| 22GFRC031 - [email protected]/t from 126m for(GxM 3) | ||||||||
| 22GFRC032 | 328020 | 6576466 | 350 | -83.0 | 28.3 | 150 | 22GFRC032 - [email protected]/t from 3m for(GxM 2) | |
| 22GFRC032 - [email protected]/t from 31m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 49m for(GxM 3) | ||||||||
| 22GFRC032 - [email protected]/t from 65m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 68m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 82m for(GxM 2) | ||||||||
| 22GFRC032 - [email protected]/t from 89m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 99m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 108m for(GxM 1) | ||||||||
| 22GFRC032 - [email protected]/t from 123m for(GxM 8) | ||||||||
| 22GFRC032 - [email protected]/t from 133m for(GxM 4) | ||||||||
| 22GFRC033 | 328027 | 6576454 | 350 | -60.6 | 0.3 | 92 | 22GFRC033 - [email protected]/t from 4m for(GxM 1) | |
| 22GFRC033 - [email protected]/t from 21m for(GxM 2) | ||||||||
| 22GFRC033 - [email protected]/t from 38m for(GxM 4) | ||||||||
| 22GFRC033 - [email protected]/t from 61m for(GxM 2) | ||||||||
| 22GFRC033 - [email protected]/t from 68m for(GxM 21) | ||||||||
| 22GFRC033 - [email protected]/t from 87m for(GxM 1) | ||||||||
| 22GFRC034 | 328034 | 6576446 | 350 | -67.4 | 22.8 | 132 | 22GFRC034 - [email protected]/t from 60m for(GxM 2) | |
| 22GFRC034 - [email protected]/t from 68m for(GxM 4) | ||||||||
| 22GFRC034 - [email protected]/t from 87m for(GxM 1) | ||||||||
| 22GFRC034 - [email protected]/t from 93m for(GxM 9) | ||||||||
| 22GFRC034 - [email protected]/t from 112m for(GxM 16) | ||||||||
| 22GFRC035 | 328056 | 6576439 | 349 | -59.2 | 23.6 | 114 | 22GFRC035 - [email protected]/t from 44m for(GxM 3) | |
| 22GFRC035 - [email protected]/t from 65m for(GxM 113) | ||||||||
| 22GFRC036 | 328071 | 6576425 | 350 | -65.5 | 21.4 | 138 | 22GFRC036 - [email protected]/t from 13m for(GxM 1) | |
| 22GFRC036 - [email protected]/t from 26m for(GxM 6) | ||||||||
| 22GFRC036 - [email protected]/t from 35m for(GxM 2) | ||||||||
| 22GFRC036 - [email protected]/t from 67m for(GxM 2) | ||||||||
| 22GFRC036 - [email protected]/t from 75m for(GxM 2) | ||||||||
| 22GFRC036 - [email protected]/t from 81m for(GxM 1) | ||||||||
| 22GFRC036 - [email protected]/t from 85m for(GxM 1) | ||||||||
| 22GFRC036 - [email protected]/t from 88m for(GxM 1) | ||||||||
| 22GFRC036 - [email protected]/t from 94m for(GxM 33) | ||||||||
| 22GFRC036 - [email protected]/t from 128m for(GxM 10) | ||||||||
| Criteria | Explanation |
|---|---|
| • Hole ID Easting Northing RL Dip Azimuth EOH Intersection (MGA94) (m) 22GFRC037 - [email protected]/t from 9m for(GxM 1) 22GFRC037 - [email protected]/t from 12m for(GxM 1) 22GFRC037 - [email protected]/t from 17m for(GxM 2) 22GFRC037 - [email protected]/t from 60m for(GxM 25) 22GFRC038 - [email protected]/t from 10m for(GxM 1) 22GFRC038 - [email protected]/t from 19m for(GxM 5) 22GFRC038 - [email protected]/t from 80m for(GxM 1) 22GFRC038 - [email protected]/t from 109m for(GxM 1) 22GFRC038 - [email protected]/t from 114m for(GxM 7) 22GFRC038 - 6.00m @ 0.67g/t from 120m for (GxM 4) 22GFRC039 - [email protected]/t from 14m for(GxM 7) 22GFRC039 - [email protected]/t from 33m for(GxM 1) 22GFRC039 - [email protected]/t from 51m for(GxM 1) 22GFRC039 - [email protected]/t from 70m for(GxM 41) 22GFRC039 - [email protected]/t from 97m for(GxM 2) 22GFRC040 - [email protected]/t from 29m for(GxM 1) 22GFRC040 - [email protected]/t from 34m for(GxM 3) 22GFRC040 - [email protected]/t from 71m for(GxM 1) 22GFRC040 - [email protected]/t from 89m for(GxM 11) 22GFRC040 - 23.00m @ 1.22g/t from 113m for (GxM 28) (MGA 94 Zone 51) Greenfields RC grade control significant Intersections calculated at 0.5g/t Au cut off an up to 3m internal dilution 126 24.2 -68.0 350 6576409 328105 22GFRC038 98 23.3 -60.7 350 6576415 328107 22GFRC037 148 19.0 -63.2 355 6576370 328178 22GFRC040 104 27.9 -64.2 355 6576385 328185 22GFRC039 |
|
| Data aggregation methods | • Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for RC holes and 0.2m for diamond holes, composited to 1m. |
| Relationship between mineralisation widths and intercept lengths |
• Holes were drilled orthogonal to mineralisation as much as possible, however the exact relationship between intercept width and true width cannot be estimated exactly in all cases. |
| Diagrams | • Refer to Figures and Tables in body of the release. |
| Balanced reporting | • All drill assay results used in this estimation are published in previous news releases. • Historic drill hole results available on WAMEX. |
| Other substantive exploration data |
• There is no other material exploration data to report at this time. |
| Further work | • Preparations to resume open pit mining at Greenfields in June 2023 are underway….. |
Market Announcement | Page 33 of 96
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Explanation |
|---|---|
| Database integrity | • Data was geologically logged electronically; collar and downhole surveys were also received electronically as was the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling program for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys o Checks for character data in numeric fields.• The historical Greenfields drill data was validated by the Focus data management team and the Project Geologist. This involved collaborating all collar, downhole survey, geology and assay data with existing hardcopy material as well as displaying the holes in three dimensions in Surpac to determine any unusual or unlikely trends in the data so that it could be rectified before loading into the Focus site database. This process was thorough and took a couple of months for the team to complete. |
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager - Exploration and conducts regular site visits. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and last visited site in February 2014. |
| Geological interpretation | • Minor changes were made to the geological interpretation from the August 2022 Mineral Resource release. • All available drill hole, mining data and pit mapping was used to guide the geological interpretation of the mineralisation. • The mineralised geological interpretation was generated in Seequent Leapfrog Geo implicit modelling software. An approximate 0.5ppm Au cut-off was implemented. • The primary mineralisation is hosted in a set of 25 stacked lodes moderately dipping ~ 30° towards 200°. • A secondary interpretation of seven stacked steep lodes that dip 50° towards 190° that terminate at the footwall contact of the dolerite-black flag volcanic unit (dipping 75° towards 201°) in the northern part of the pit. • Minor deviation of the lode geometry was modelled between drill holes down dip and along strike. |
| Dimensions | • The Mineral Resource extends over a NW strike length of over 480m and includes the ~150m interval from the base of the final mined surface down to the |
| 150mRL, some 250m below surface. The thickness of the seven steeper lodes vary from average thickness of 20m near surface pinching to an average thickness of 3m at depth. The 25 flatter lying lodes vary from 1m to 8m wide have an average thickness of 3m. |
|
|---|---|
| Estimation and modelling techniques |
• An Ordinary Kriging (OK) estimate was run using Datamine software, following the process below: • Drill hole samples were selected within the mineralised lodes and composited to 1m downhole intervals, the dominant sample interval from historic drilling. Residual samples that did not meet the minimum length criteria (less than 0.2m) of the compositing process were appended to the adjacent sample so that all material within the wireframe was included. • Where the steeper lodes intersected the shallow dipping lodes near surface 10m soft boundaries were used. Meaning within the steep lodes the grade at the intersection points of the flat is used in the estimate within a 10m radius. • The composited data was imported into Supervisor software for statistical and geostatistical analysis. • After a review of the individual lode statistics, higher Au samples that were outliers to the main population were “top-capped” to a selected value for each lode. An average of 10ppm Au was used with a maximum of 22ppm Au. • Variography was modelled on data transformed to normal scores, the variogram models were back transformed to original units before exporting. • Variography was performed on the individual lodes with larger sample numbers ~ 150 samples. Lodes without variography shared the structure from a nearby lode. Thirty variograms were modelled. • The back-transformed variogram models had moderate to high nugget effects (20 to 60% of total sill), with a range from 20m to 200m for the lodes. • Estimation (via Ordinary Kriging) was into a non-rotated block model in MGA94 grid, with a parent block size of 10 mE x 5 mN x 5 mRL – this is about the average drill spacing in the deposit. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block. No rotation was applied to the orientation of the blocks. • Where the steeper lodes intersected the flat lodes a “10m soft boundary” was applied to the samples within the steep lodes. Meaning data was shared between the intersecting lodes up to a 10m radius. Outside this 10m search distance only samples within the steep structure and not shared with a flat structure were used in the estimation. • Given the high nugget effect and need to produce a localised estimate for grade control planning, a distance limited search function was introduced on all lodes. The distance limited search function restricts samples above a certain grade from being used to estimate blocks beyond a set distance. In the case of Greenfields, a 20m elliptical radius was set for all grades above 5ppm Au. Samples below 5ppm were “unrestricted” within the search distances. • A minimum of 8 samples and a maximum of 16 samples per block were used for the first search pass, a maximum number of samples per drillhole was set to 4. Block discretisation was set to 5 x 5 x 5 points per parent block. • The ellipsoid search parameters used the variogram ranges. After the first pass 81% of blocks had estimated. For un-estimated blocks after this first pass, the search distance was expanded by a factor of two and the minimum number of samples dropped to 4. In the second pass 18% of blocks estimated. A third pass was then run with an increased search distance by a factor of four and the same minimum number of samples. Only 1% of blocks estimated in the third search pass. • The estimate was validated by visually stepping through the estimated blocks and sample data in Datamine. Comparing the estimated block statistics with composited sample data and generate trend (Swath) plots to ensure the estimate was honouring the trends of the data. Also, a review of the output |
Market Announcement | Page 35 of 96
| parameters from the estimation process like kriging variance, negative weights, search distances and sample numbers. |
|
|---|---|
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The Resources for Greenfields have been reported above a 0.6g/t cut-off for the V23 open pit design. |
| Mining factors or assumptions |
• An existing open pit exists at Greenfields, mining would continue by cut-back and open cut extraction. • The V23 Greenfields open pit design is considered the ultimate open pit design for Greenfields and represents the maximum amount of open pit extraction possible within the area available for open pit mining. |
| Metallurgical factors or assumptions |
• Metallurgical testwork has been conducted on Greenfields samples: • Historical recoveries in a variety of tests (N=13) average more than 95%gold recovery. • Recent testwork to simulate processing at TMH on composite representative samples (n=2) from Greenfields delivered very high gravity gold recovery averaging 70.5% and overall average gold recovery exceeding 93.5% • MPI who mined Greenfields from Dec 2003 to Jan 2005 had an overall reconciliation of ~96.9% of tonnes, 100.7% of grade and 101% of ounces milled compared to mined. |
| Environmental factors or assumptions |
• Greenfields deposit occurs in an area of previous disturbance with an open cut pit and associated waste dump. • The Three Mile Hill Processing Plant is currently undergoing a refurbishment in preparation for the re-commencement of mining activities by FML in June 2023. |
| Bulk density | • Bulk density test work was carried out on diamond core samples using a water immersion method for these determinations. • Average bulk densities were applied to modelled weathering profiles. • Bulk densities of 2.07, 2.43 and 2.87 t/m³ were applied to Oxide, Transitional and Fresh resources, respectively. |
| Classification | • Mineral Resources have been classified as either Measured or Indicated based mainly on geological confidence in the geometry and continuity of the lodes. In addition, various estimation output parameters such as number of samples, search pass, kriging variance, and slope of regression have been used to assist in classification. • Measured resources have been reported inside the V23 2022 open pit design. • Indicated resources have been reported outside the V23 2022 open pit design using the 0.6g/t Au open pit cut off and above 230mRL. |
| Audits or reviews | • No external audits of the mineral resource have been conducted. |
| Discussion of relative accuracy/ confidence |
• The Mineral Resource relates to global tonnage and grade estimates. • |
JORC Code, 2012 Edition – Table 1 Big Blow and Big Blow Low Grade Stockpile
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
• This report relates to results from Reverse Circulation (RC) drilling and diamond core (DD) drilling. • The information of sampling techniques below applies to the drill holes drilled by Focus Minerals (FML) only. • RC percussion drill chips were collected through a cyclone and cone splitter. Samples were collected on a 1m basis. Diamond core was sampled across identified zones of mineralisation by site geologists, the sample widths varied between a minimum of 0.3m and a maximum of 1m. • RC chips were passed through a cone splitter to achieve a sample weight of approximately 3kg. • 4m composite samples were taken by spear sampling the green spoils bag. Where results returned greater than 0.2g/t Au, the 1m samples were submitted. • At the assay laboratory all samples were oven dried, crushed to a nominal 10mm using a jaw crusher (core samples only) and weighed. Samples in excess of 3kg in weight were riffle split to achieve a maximum 3kg sample weight before being pulverized to 90% passing 75μm. • The diamond core was marked up for sampling by the supervising geologist during the core logging process, with sample intervals determined by the presence of mineralisation and/or alteration. The core was cut in half using an Almonte automatic core saw. • Goldfan collected 2kg samples as either 4m composites or as 1m samples through mineralised ground or interesting geology. Samples were run through a cyclone. Where the 4m composite samples returned greater than 0.2g/t Au, 1m samples were submitted. • MPI collected drill cuttings at one metre intervals which were passed through a trailer mounted cyclone and stand-alone riffle splitter to provide a 4-6kg split sample and a bulk residue for logging. All samples were dry. Initially samples were spear-sampled to form up to 5m composites and submitted for analysis. Any results above 0.5g/t Au resulted in the 1m samples then being submitted. Two Diamond core tails were drilled off RC pre-collars, after the core was orientated and logged, alteration zones were cut in half, with half core submitted for analysis up to 1.5m in length. • Holes drilled as part of the Redemption Joint Venture (RJV) between Matador Exploration Pty Ltd and Focus followed similar standard to Focus drilling and sampling techniques. Composite RC samples were submitted for analysis with 1m samples submitted in areas of known mineralisation. |
| Drilling techniques | • All FML drilling was completed using an RC face sampling hammer or HQ size diamond core. Where achievable, all drill core was oriented by the drilling contractor using an Ezy-mark system. Most holes were surveyed upon completion of drilling initially using an electronic multi-shot (EMS) camera. • Goldfan used RC face sampling hammer, holes were downhole surveyed by Eastman single shot camera and later by Eastman multiple shot camera. • MPI used RC drilling methods or NQ2 diamond core size and downhole surveys by Eastman single shot camera. |
Market Announcement | Page 37 of 96
| Drill sample recovery |
• FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry whenever possible to maximize recovery, with water injection on the outside return to minimise dust. • Goldfan states a consistent sample recovery in the range of 80-90% |
|---|---|
| Logging | • The information of logging techniques below applies to the drill holes drilled by FML only. All core samples were oriented, marked into metre intervals and compared to the depth measurements on the core blocks. Any loss of core was noted and recorded in the drilling database. • All RC samples were geologically logged to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • All diamond core was logged for structure, and geologically logged using the same system as that for RC. • The logging information was transferred into the company’s drilling database once the log was complete. • Logging was qualitative, however the geologists often recorded quantitative mineral percentage ranges for the sulphide minerals present. • Diamond core was photographed one core tray at a time using a standardised photography jig. • The entire length of all holes are logged. • Historic RC holes have been logged at 1m intervals to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • MPI logged diamond core to lithological boundaries, core was photographed. |
| Sub-sampling techniques and sample preparation |
• The information of sub-sampling and sample preparation below applies to the drill holes drilled by FML only. • Core samples were taken from half core, cut using an Almonte automatic core saw. The remainder of the core was retained in core trays tagged with a hole number and metre mark. • RC samples were cone split to a nominal 3 - 5kg sample weight. The drilling method was designed to maximise sample recovery and delivery of a clean, representative sample into the calico bag. • Where possible all RC samples were drilled dry to maximise recovery. The use of a booster and auxiliary compressor provide dry sample for depths below the water table. Sample condition was recorded (wet, dry, or damp) at the time of sampling and recorded in the database. • The samples were collected in a pre-numbered calico bag bearing a unique sample ID. Samples were crushed to 75μm at the laboratory and riffle split (if required) to a maximum 3kg sample weight. Gold analysis was initially by 40g aqua regia for the composite samples then 30g Fire Assay for individual samples with an ICP-OES or AAS Finish. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques and practices that are appropriate for this style of mineralisation. Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • Earlier FML QAQC checks involved inserting a standard or blank every 20 samples in RC or diamond drilling and taking a field duplicate every 20 samples in RC. Field duplicates were collected from the cone splitter on the rig. Diamond core field duplicates were not taken, a minimum of 1 standard was inserted for every sample batch submitted. • Sampling was carried out by the supervising geologist and senior field staff, to ensure all procedures were followed and best industry practice carried out. • The sample sizes are considered to be appropriate for the type, style and consistency of mineralisation encountered during thisphase of exploration. |
| • Goldfan originally submitted its samples to Australian Laboratories Group Kalgoorlie. The 2kg samples were oven dried, then crushed to a nominal 6mm and split once through a Jones riffle splitter. A 1kg sub-sample was fine pulverised in a Keegor Pulveriser to a nominal 100 microns. This sample was homogenised and 400-500g split as the assay pulp for analysis. Assaying was by a classical fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Diamond core and later RC drilled by Goldfan was submitted to Minlab Kalgoorlie where the whole of the sample is pulverised in a ring mill before 300g sample is split as the assay pulp. Assaying was by fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Goldfan conducted inter-laboratory check sampling over approx. 10% of holes over the whole program with results found to be within acceptable limits. • Laboratory repeat checks were also run on the assay data. • MPI submitted their samples to Analabs in Perth or to Aminya Laboratories in Perth for analysis for gold by 50g fire assay for a 0.01g/t detection limit. Some samples were submitted to Analabs Perth for screen fire assay. • Laboratory repeat checks were also run, it appears minimum 3 analysis checks run for most of the drill holes. |
|
|---|---|
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • The QA/QC process described above was sufficient to establish acceptable levels of accuracy and precision. All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. |
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. Consultants were not used for this process. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. |
| Location of data points |
• FML drill collars were surveyed after completion, using a DGPS instrument. All drill core was oriented by the drilling contractor using an Ezy-mark system. Most holes were surveyed upon completion of drilling. An electronic multi-shot camera was used, holes were surveyed open hole. • All coordinates and bearings use the MGA94 Zone 51 grid system. • FML utilises Landgate sourced regional topographic maps and contours as well as internally produced survey pick-ups produced by the mining survey teams utilising DGPS base station instruments. • Goldfan holes were laid out and picked up by the Three Mile Hill Survey Department. Down hole surveying was conducted by Down Hole Surveys using Eastman multiple shot cameras. • MPI collar survey methods are unknown, down hole surveys were by Eastman single shot camera. |
| Data spacing and distribution |
• Drill spacing along the Big Blow trend is 10m x 10m Happy Jack trend quite narrow with drilling spacing approximately 10m x 20m along strike. |
| Orientation of data in relation to geological structure |
• Drilling was designed based on known geological models, field mapping, verified historical data and cross-sectional interpretation. |
Market Announcement | Page 39 of 96
| • Drill holes were oriented at right angles to strike of deposit, with dip optimised for drill capabilities and the dip of the ore body. |
|
|---|---|
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • All samples were bagged in a tied numbered calico bag, grouped into green plastic bags. The bags were placed into cages with a sample submission sheet and delivered directly from site to the Kalgoorlie laboratories by FML personnel. • Historic sample security is not recorded. |
| Audits or reviews | • No external audits of the mineral resource have been conducted. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary | Commentary | Commentary | Commentary | |
|---|---|---|---|---|---|
| Mineral tenement and land tenure status |
• All exploration was conducted on tenements 100% owned by Focus Minerals Limited or its subsidiary companies Focus Operations Pty Ltd. All tenements are in good standing. • There are currently no registered Native Title claims over the project areas. |
||||
| Exploration done by other parties |
• Big Blow was historically mined up until the 1930’s by underground shafts and minor stoping. • Various companies have explored for gold at Big Blow and Happy Jack. • In October 2011 Focus commenced open pit mining at Big Blow from the natural surface (430mRL). Mining ceased in July 2013 when the Coolgardie Operation was placed in care and maintenance, with the main pit excavated 50m below surface to the 380mRL and a small southern pit mined 32.5m below surface to the 397.5mRL. Mining by Focus produced 163Kt @1.29 g/t Au for 6,804 contained ounces. |
||||
| Geology | • The deposits lie on the western margin of the Archaean Norseman – Menzies Greenstone Belt and sit within a sequence of mafic rocks striking 20° that has been overprinted by the Big Blow Fault and cores the Big Blow Anticline. Field Mapping at Big Blow by a consultant geologist identified the mineralisation is hosted in a breccia and silicified zone within a discontinuous interflow sedimentary horizon. To the east is a basalt with large feldspar phenocrysts and to the west, a high-Mg basalt, followed by different basalt units, another continuous interflow sediment unit and finally another basalt. • |
||||
| Drill hole Information |
• Historic drilling information has been validated against publicly available WAMEX reports. Company Drill Hole Number WAMEX Report A- Number WAMEX Report Date Goldfan TNG0416R, TNG0417R, TNG0418R, TNG0419R, TNG0420R, TNG0421R, TNG0422R, TNG0423R, TNG0424R, TNG0425R, TNG0426R, TNG0427R, TNG0428R,TNG0429R 44166 Mar-95 TNG0446R, TNG1048R, TNG0449R, TNG0450R 47168 31-Mar- 96 TNG1516R, TNG1517R, TNG1518R, TNG1519R, TNG1520R, TNG1521R 55321 1-Jun-98 MPI BB015R, BB016R, BB017R, BB018R, BB019R, BB020R, BB005R, BB006R, BB007R, BB008R, BB009R, BB010R, BB011R,BB012R,BB013R,TNG1747R, 66091 Feb-03 |
||||
| Company | **Drill Hole Number ** | WAMEX Report A- **Number ** |
WAMEX Report Date |
||
| Goldfan | TNG0416R, TNG0417R, TNG0418R, TNG0419R, TNG0420R, TNG0421R, TNG0422R, TNG0423R, TNG0424R, TNG0425R, TNG0426R, TNG0427R, TNG0428R,TNG0429R |
44166 | Mar-95 | ||
| TNG0446R, TNG1048R, TNG0449R, TNG0450R |
47168 | 31-Mar- 96 |
|||
| TNG1516R, TNG1517R, TNG1518R, TNG1519R, TNG1520R, TNG1521R |
55321 | 1-Jun-98 | |||
| MPI | BB015R, BB016R, BB017R, BB018R, BB019R, BB020R, BB005R, BB006R, BB007R, BB008R, BB009R, BB010R, BB011R,BB012R,BB013R,TNG1747R, |
66091 | Feb-03 |
| TNG1748R, TNG1749R, TNG1750R, BB014RD |
||||||
|---|---|---|---|---|---|---|
| BB021R, BB023R, BB024R, BB025R, BB026R, BB027R, BB028R, BB029R, BB030R, BB031R, BB032R, BB033R, BB034R, BB035R, BB036R, BB037R, BB038R, BB039R, BB040R, BB041R, BB042R, BB043R, BB044R, BB045R, BB046R, BB047R, BB048R, BB049R, BB022RD |
68648 | May-04 | ||||
| BB050R, BB051R, BB052R, BB053R, BB054R, BB055R, BB056R, BB058R, BB059R, BB060R, BB061R, BB062R, BB063R,BB064R |
70515 | Jan-05 | ||||
| Redemptio n JV |
05BBC001, 05BBC003, 05BBC004, 05HJC001, 05HJC002 |
72821 | 1-Dec-05 | |||
| 06HJC004, 06BBD001, 06BBD002, 06BBD003 |
74513 | 28-Feb- 07 |
||||
| Focus | TNDD0001, TNDD0002, TNDC0066, TNDC0067, TNDC0069, TNDC0070, TNDC0072, TNDC0074, TNDC0161, TNDC0162, TNDCD0068, TNDCD0128, TNDD0001, TNDD0002 |
85889 | 23-Feb- 10 |
|||
| TNDC0193, TNDC0202, TNDC0303, TNDC0304, TNDC0305, TNDC0307, TNDC0307A, TNDC0308, TNDC0310, TNDC0311, TNDC0312, TNDC0313, TNDC0314, TNDC0315, TNDC0316, TNDC0317, TNDC0318, TNDC0320, TNDC0322, TNDC0323, TNDC0325, TNDC0326, TNDC0328, TNDC0329, TNDC0331, TNDC0333, TNDC0341, TNDC0342, TNDC0343, TNDC0344, TNDCD0127, TNDCD0129, TNDCD0130A, TNDCD0131, TNDCD0132, TNDCD0133, TNDCD0134, TNDCD0135A |
89322 | 23-Feb- 11 |
||||
| BGC128, BGC129, BGC130, BGC131, BGC132, BGC133, BGC134, BGC135, BGC136, BGC137, BGC138, BGC139, BGC140, BGC141, BGC143, BGC144, BGC146, BGC147, BGC148, BGC151, BGC164, BGC165, BGC176, BGC177, HJC004, HJC005, HJC006, HJC007, HJC012, HJC013, HJC014, HJC015, HJC021, HJC022, HJC024, HJC027, HJC028, HJC032, HJC033, HJC037, HJC038, HJC039, HJC040, HJC041, HJC043, HJC044, HJC046, HJC047, HJC048, HJC052, HJC053, HJC054, HJC055, HJC056, HJC057, HJC058, HJC059, HJC060, HJC061, HJC062, HJC063, HJC064, HJC070, HJC071, HJC072, HJC073, HJC074, HJC075, HJC088, HJC089, HJC090, HJC093, HJC094, HJC095, HJC096, HJC101, HJC102, HJC103, HJC108, HJC109, HJC113, HJC114, HJC115, HJC116, HJC117, HJC128, HJC129, HJC130, TNDC0330, TNDC0332, TNDC0335, TNDC0336, TNDC0338, TNDC0399, TNDC0400, TNDC0401A, TNDC0402, TNDC0407, TNDC0429, TNDC0431, TNDC0433, TNDC0434, TNDC0435, TNDC0436,TNDC0437,TNDC0438, |
92766 | 9-Feb-12 |
Market Announcement | Page 41 of 96
| TNDC0439, TNDC0440, TNDC0441, BGC166, BGC167, BGC169, BGC170, BGC172, BGC174, BGC175 |
TNDC0439, TNDC0440, TNDC0441, BGC166, BGC167, BGC169, BGC170, BGC172, BGC174, BGC175 |
TNDC0439, TNDC0440, TNDC0441, BGC166, BGC167, BGC169, BGC170, BGC172, BGC174, BGC175 |
TNDC0439, TNDC0440, TNDC0441, BGC166, BGC167, BGC169, BGC170, BGC172, BGC174, BGC175 |
||||||
|---|---|---|---|---|---|---|---|---|---|
| BGC179, BGC180, BGC186, BGC187, BGC188, BGC193, BGC194, BGC198, BGC199, BGC200, BGC201, BGC202, BGC204, BGC205, BGC206, BGC207, BGC208, BGC210, BGC211, BGC212, BGC214, BGC215, BGC217, BGC218, BGC220, BGC221, BGC222, BGC223, BGC224, BGC228, BGC229, BGC230, BGC235, BGC238, BGC242, BGC243, BGC244, BGC245, BGC246, BGC247, BGC248, BGC249, BGC250, BGC251, BGC252, BGC253, BGC254, BGC255, BGC256, BGC257, BGC258, BGC259, BGC260, BGC261, BGC262, BGC263, BGC264, BGC265, BGC266, BGC267, BGC268, BGC269, BGC270, BGC271, BGC272, BGC273, BGC274, BGC275, BGC276, BGC277, BGC278, BGC279, BGC280, BGC281, BGC282, BGC283, BGC284, BGC285, BGC286, BGC287, BGC288, BGC289, BGC290, BGC291, BGC292, BGC293, HJC118, HJC119, HJC120, HJC121, HJC122, HJC123, HJC124,HJC125,HJC126,HJC127 |
96924 | 27-Feb- 13 |
|||||||
| • The details of 131 Focus drilled RC holes not previously below: |
|||||||||
| HOLEID | EAST | NORTH | RL | DEPTH | AZIMUTH | DIP | |||
| BGC006 | 325569.73 | 6572013.1 | 422.13 | 48 | 271.05 | -60.5 | |||
| BGC007 | 325559.77 | 6572012.3 | 422.36 | 48 | 260.05 | -60 | |||
| BGC008 | 325550.31 | 6572010.3 | 422.68 | 48 | 264.05 | -60 | |||
| BGC011 | 325569.7 | 6571999.8 | 422.05 | 48 | 270.05 | -61 | |||
| BGC012 | 325557.2 | 6572000 | 422.6 | 48 | 270.05 | -61 | |||
| BGC013 | 325548.13 | 6571999.9 | 423.1 | 42 | 274.05 | -63 | |||
| BGC016 | 325564.79 | 6571989.8 | 422.08 | 48 | 280.05 | -60 | |||
| BGC017 | 325554.12 | 6571990.7 | 422.69 | 48 | 270.05 | -60 | |||
| BGC018 | 325542.69 | 6571990.3 | 423.24 | 36 | 275.05 | -60 | |||
| BGC019 | 325534.98 | 6571990 | 423.96 | 30 | 272.05 | -60 | |||
| BGC021 | 325594.61 | 6571979.9 | 421.61 | 48 | 279.05 | -60 | |||
| BGC023 | 325534.22 | 6571980.2 | 423.78 | 24 | 278.05 | -45 |
| BGC025 | 325564.64 | 6571970.1 | 422.46 | 48 | 270.05 | -59 | |||
|---|---|---|---|---|---|---|---|---|---|
| BGC026 | 325555.3 | 6571970.1 | 422.72 | 48 | 261.05 | -60 | |||
| BGC027 | 325544.9 | 6571969.8 | 422.94 | 48 | 266.05 | -60 | |||
| BGC028 | 325533.84 | 6571970.1 | 423.28 | 36 | 270.05 | -52 | |||
| BGC029 | 325544.38 | 6571959.3 | 423.38 | 48 | 262.05 | -61 | |||
| BGC030 | 325534.8 | 6571960.1 | 423.39 | 30 | 265.05 | -56 | |||
| BGC031 | 325529.97 | 6571960.2 | 423.65 | 18 | 270.05 | -50 | |||
| BGC032 | 325559.81 | 6571949.9 | 423.89 | 48 | 270.05 | -60 | |||
| BGC033 | 325549.62 | 6571949.9 | 424.01 | 48 | 261.05 | -58 | |||
| BGC034 | 325539.31 | 6571949.9 | 423.89 | 48 | 265.05 | -58 | |||
| BGC035 | 325524.8 | 6571952.7 | 424.06 | 24 | 277.05 | -55 | |||
| BGC036 | 325544.7 | 6571940.1 | 424.84 | 48 | 263.05 | -60 | |||
| BGC037 | 325533.94 | 6571940.1 | 424.63 | 42 | 270.05 | -60 | |||
| BGC039 | 325549.5 | 6571929.6 | 425.69 | 48 | 263.05 | -54 | |||
| BGC040 | 325539.41 | 6571930.2 | 425.99 | 46 | 270.05 | -55 | |||
| BGC041 | 325529.77 | 6571929.6 | 426.01 | 30 | 258.05 | -50 | |||
| BGC042 | 325524.13 | 6571929.7 | 425.78 | 24 | 255.04 | -46 | |||
| BGC043 | 325533.78 | 6571919.4 | 427.82 | 36 | 255.04 | -50 | |||
| BGC044 | 325530.97 | 6571920.1 | 427.62 | 36 | 275.05 | -45 | |||
| BGC045 | 325545.92 | 6571909.7 | 428.61 | 48 | 282.05 | -55 | |||
| BGC046 | 325536.69 | 6571910.1 | 429.46 | 48 | 270.05 | -60 | |||
| BGC047 | 325525.95 | 6571910.2 | 428.77 | 30 | 274.05 | -50 | |||
| BGC048 | 325529.78 | 6571901 | 430.78 | 42 | 263.05 | -41 | |||
| BGC049 | 325535.34 | 6571890.3 | 432.86 | 48 | 270.05 | -57 | |||
| BGC050 | 325531.05 | 6571890.5 | 432.72 | 42 | 278.05 | -48 | |||
| BGC052 | 325528.8 | 6571880.4 | 433.63 | 42 | 281.05 | -47 | |||
| BGC053 | 325529.5 | 6571870 | 433.15 | 44 | 269.05 | -54 | |||
| BGC054 | 325519.4 | 6571871 | 432.56 | 18 | 286.05 | -48 | |||
| BGC055 | 325528.65 | 6571860.1 | 432.52 | 48 | 270.04 | -60 | |||
| BGC056 | 325519.8 | 6571860 | 432.25 | 48 | 325.05 | -58 | |||
| BGC056A | 325519.42 | 6571860.1 | 432.23 | 48 | 264.44 | -59.3 | |||
| BGC057 | 325529 | 6571849 | 431.6 | 48 | 320.05 | -60 | |||
| BGC057A | 325530 | 6571850 | 431 | 48 | 270.04 | -60 | |||
| BGC058 | 325513 | 6571850 | 431.83 | 26 | 320.05 | -58 | |||
| BGC058A | 325513 | 6571850 | 432 | 48 | 270.04 | -60 | |||
| BGC059 | 325520.3 | 6571842 | 431.39 | 48 | 320.05 | -59 | |||
| BGC059A | 325519.96 | 6571842.1 | 431.39 | 37 | 270.04 | -60 | |||
| BGC060 | 325509.6 | 6571839 | 431.78 | 48 | 270.05 | -60 | |||
| BGC061 | 325519.8 | 6571830 | 430.84 | 48 | 271.04 | -60 | |||
| BGC062 | 325509.4 | 6571830 | 431.6 | 42 | 270.04 | -61 | |||
| BGC063 | 325499.08 | 6571831.1 | 432.52 | 48 | 270.04 | -60 | |||
| BGC067 | 325519.26 | 6571820.3 | 430.59 | 48 | 270.04 | -60 | |||
| BGC068 | 325510.63 | 6571820.4 | 431.55 | 48 | 270.04 | -60 | |||
| BGC069 | 325501.25 | 6571819.6 | 432.69 | 48 | 269.04 | -57 |
Market Announcement | Page 43 of 96
| BGC072 | 325519.67 | 6571810.7 | 430.45 | 48 | 275.04 | -60 | |||
|---|---|---|---|---|---|---|---|---|---|
| BGC073 | 325510.43 | 6571810.4 | 431.56 | 48 | 272.04 | -63 | |||
| BGC074 | 325500.57 | 6571811.3 | 432.58 | 48 | 270.04 | -60 | |||
| BGC075 | 325489.97 | 6571809.9 | 433.71 | 48 | 270.04 | -60 | |||
| BGC078 | 325510.36 | 6571799.7 | 431.14 | 48 | 270.04 | -60 | |||
| BGC079 | 325499.78 | 6571800 | 432.32 | 48 | 256.04 | -64 | |||
| BGC081 | 325510.08 | 6571789.5 | 430.52 | 48 | 257.04 | -60 | |||
| BGC082 | 325500.37 | 6571790.7 | 432.52 | 48 | 266.04 | -60 | |||
| BGC084 | 325505.5 | 6571779.7 | 430.29 | 48 | 270.04 | -60 | |||
| BGC085 | 325495 | 6571780 | 431.97 | 48 | 283.04 | -56 | |||
| BGC089 | 325510.36 | 6571769.7 | 428.77 | 48 | 275.04 | -58 | |||
| BGC090 | 325501.1 | 6571770 | 430.02 | 36 | 268.04 | -57 | |||
| BGC091 | 325489.61 | 6571769.8 | 431.76 | 48 | 270.04 | -60 | |||
| BGC095 | 325510.28 | 6571760 | 427.75 | 48 | 266.04 | -57 | |||
| BGC096 | 325510.35 | 6571750.3 | 426.71 | 48 | 271.04 | -62 | |||
| BGC097 | 325500.43 | 6571749.4 | 427.59 | 48 | 282.34 | -60.4 | |||
| BGC098 | 325509.42 | 6571739.8 | 425.8 | 48 | 270.04 | -60 | |||
| BGC099 | 325500.61 | 6571741.1 | 426.49 | 48 | 301.04 | -66 | |||
| BGC100 | 325510.1 | 6571729.8 | 425.08 | 48 | 281.04 | -59 | |||
| BGC101 | 325500.03 | 6571730 | 425.61 | 48 | 270.04 | -60 | |||
| BGC102 | 325509.52 | 6571718.7 | 424.32 | 48 | 267.04 | -57 | |||
| BGC103 | 325499.88 | 6571719.8 | 425.04 | 36 | 235.04 | -58 | |||
| BGC103A | 325500.06 | 6571718.1 | 424.92 | 48 | 276.04 | -59 | |||
| BGC104 | 325509.44 | 6571709.9 | 424.09 | 48 | 273.04 | -58 | |||
| BGC105 | 325499.62 | 6571710.2 | 424.62 | 48 | 273.04 | -61 | |||
| BGC106 | 325489.8 | 6571710.1 | 425.11 | 48 | 275.04 | -59 | |||
| BGC116 | 325513.57 | 6571932.1 | 424.86 | 30 | 270.04 | -45 | |||
| BGC119 | 325501.14 | 6571901.2 | 427.51 | 48 | 88.74 | -44.6 | |||
| BGC120 | 325492.09 | 6571891.7 | 428.09 | 48 | 90.04 | -45 | |||
| BGC121 | 325498.74 | 6571881.4 | 429.3 | 48 | 90.04 | -50 | |||
| BGC122 | 325509.08 | 6571869.1 | 432.24 | 24 | 270.04 | -50 | |||
| HJC001 | 325729.77 | 6572389.7 | 415.13 | 48 | 274.05 | -61 | |||
| HJC002 | 325739.67 | 6572390.1 | 414.82 | 48 | 274.05 | -58 | |||
| HJC003 | 325749.91 | 6572390 | 414.81 | 48 | 270.55 | -59.5 | |||
| HJC008 | 325729.67 | 6572350 | 415.68 | 48 | 276.05 | -60 | |||
| HJC009 | 325738.09 | 6572349.9 | 415.79 | 48 | 273.05 | -61 | |||
| HJC010 | 325749.6 | 6572350.1 | 415.73 | 48 | 266.05 | -61 | |||
| HJC011 | 325759.37 | 6572350.1 | 415.58 | 48 | 272.05 | -60 | |||
| HJC016 | 325720.23 | 6572310.1 | 416.78 | 48 | 270.05 | -60 | |||
| HJC017 | 325729.14 | 6572309.8 | 416.95 | 48 | 274.05 | -60 | |||
| HJC018 | 325740.48 | 6572311.1 | 416.73 | 48 | 272.05 | -65 | |||
| HJC019 | 325750.22 | 6572311.3 | 416.92 | 48 | 272.05 | -61 | |||
| HJC025 | 325740 | 6572270 | 418.86 | 48 | 270.05 | -60 | |||
| HJC026 | 325715.13 | 6572271.1 | 418.91 | 48 | 271.05 | -62.5 |
| HJC030 | 325733.77 | 6572229.9 | 420.65 | 48 | 269.05 | -65 | ||
|---|---|---|---|---|---|---|---|---|
| HJC031 | 325743 | 6572230 | 420.96 | 48 | 270.05 | -60 | ||
| HJC034 | 325719.97 | 6572183.4 | 421.09 | 48 | 267.35 | -61.9 | ||
| HJC035 | 325729.63 | 6572190.2 | 421.86 | 48 | 270.05 | -60 | ||
| HJC036 | 325739.45 | 6572190.2 | 422.51 | 48 | 270.05 | -60 | ||
| HJC045 | 325719.42 | 6572149.3 | 419.48 | 48 | 279.94 | -62 | ||
| HJC049 | 325689.26 | 6572109.7 | 418.4 | 48 | 270.05 | -60 | ||
| HJC050 | 325700.15 | 6572110.2 | 418.2 | 48 | 271.45 | -64.5 | ||
| HJC065 | 325679.6 | 6572009.9 | 419.4 | 48 | 264.45 | -59.1 | ||
| HJC066 | 325689.82 | 6572010.1 | 419.32 | 48 | 264.45 | -65.8 | ||
| HJC067 | 325700.11 | 6572010.3 | 419.26 | 48 | 266.05 | -64.8 | ||
| HJC068 | 325710.53 | 6572009.9 | 419.39 | 48 | 270.25 | -59.7 | ||
| HJC069 | 325680.77 | 6571990 | 419.872 | 48 | 263.25 | -60.5 | ||
| HJC076 | 325701.9 | 6571950 | 420.97 | 48 | 264.05 | -61 | ||
| HJC077 | 325690.02 | 6571930 | 421.095 | 48 | 270.04 | -60 | ||
| HJC078 | 325699.5 | 6571929.8 | 421.255 | 48 | 270.04 | -60 | ||
| HJC079 | 325679.61 | 6571909.5 | 421.28 | 48 | 265.64 | -59 | ||
| HJC080 | 325690.04 | 6571910.1 | 421.2 | 48 | 266.85 | -60.7 | ||
| HJC082 | 325689.75 | 6571890.3 | 421.309 | 48 | 270.04 | -60 | ||
| HJC083 | 325699.89 | 6571890.1 | 421.27 | 48 | 270.04 | -60 | ||
| HJC084 | 325689.88 | 6571870 | 421.16 | 45 | 268.35 | -61.3 | ||
| HJC085 | 325699.93 | 6571869.9 | 421.1 | 48 | 270.44 | -60.8 | ||
| HJC086 | 325710.76 | 6571869.8 | 421.13 | 48 | 268.75 | -60.6 | ||
| HJC087 | 325689.52 | 6571849.6 | 420.971 | 48 | 270.04 | -60 | ||
| HJC091 | 325700.83 | 6571829.9 | 420.34 | 37 | 266.64 | -59.8 | ||
| HJC092 | 325710.27 | 6571830 | 420.36 | 48 | 272.35 | -59.6 | ||
| HJC097 | 325680.18 | 6571770.9 | 420.11 | 45 | 272.05 | -59 | ||
| HJC098 | 325690.65 | 6571770 | 419.86 | 48 | 269.35 | -62 | ||
| HJC099 | 325700.08 | 6571770.5 | 419.55 | 36 | 271.05 | -60.8 | ||
| HJC106 | 325680.15 | 6571710 | 419.33 | 48 | 267.44 | -59.7 |
Market Announcement | Page 45 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5g/t cut off and up to 3m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 22BBRC001 | 325493 | 6572071 | 422 | -44 | 137 | 160 | 22BBRC001 - [email protected]/t from 6m for(GxM 3) | |
| 22BBRC001 - [email protected]/t from 91m for(GxM 2) | ||||||||
| 22BBRC001 - [email protected]/t from 94m for(GxM 2) | ||||||||
| 22BBRC001 - [email protected]/t from 105m for(GxM 1) | ||||||||
| 22BBRC001 - [email protected]/t from 111m for(GxM 4) | ||||||||
| 22BBRC001 - [email protected]/t from 137m for(GxM 1) | ||||||||
| 22BBRC001 - [email protected]/t from 146m for(GxM 1) | ||||||||
| 22BBRC002 | 325660 | 6572055 | 419 | -49 | 90 | 60 | 22BBRC002 - [email protected]/t from 16m for(GxM 29) | |
| 22BBRC002 - [email protected]/t from 53m for(GxM 3) | ||||||||
| 22BBRC003 | 325660 | 6571981 | 420 | -50 | 91 | 60 | 22BBRC003 - [email protected]/t from 21m for(GxM 1) | |
| 22BBRC003 - [email protected]/t from 23m for(GxM 1) | ||||||||
| 22BBRC003 - [email protected]/t from 26m for(GxM 1) | ||||||||
| 22BBRC003 - [email protected]/t from 29m for(GxM 1) | ||||||||
| 22BBRC003 - [email protected]/t from 37m for(GxM 1) | ||||||||
| 22BBRC004 | 325750 | 6572438 | 414 | -50 | 270 | 30 | NSI | |
| 22BBRC005 | 325731 | 6572350 | 416 | -50 | 270 | 24 | 22BBRC005 - [email protected]/t from 3m for(GxM 18) | |
| 22BBRC005 - [email protected]/t from 15m for(GxM 3) | ||||||||
| 22BBRC006 | 325737 | 6572194 | 423 | -50 | 270 | 42 | 22BBRC006 - [email protected]/t from 31m for(GxM 9) | |
| 22BBRC007 | 325681 | 6572165 | 419 | -50 | 89 | 60 | 22BBRC007 - [email protected]/t from 15m for(GxM 1) | |
| 22BBRC007 - [email protected]/t from 22m for(GxM 2) | ||||||||
| 22BBRC007 - [email protected]/t from 27m for(GxM 11) | ||||||||
| 22BBRC007 - [email protected]/t from 46m for(GxM 17) | ||||||||
| 22BBRC008 | 325724 | 6572140 | 419 | -50 | 265 | 66 | 22BBRC008 - [email protected]/t from 27m for(GxM 1) | |
| 22BBRC008 - [email protected]/t from 39m for(GxM 1) | ||||||||
| 22BBRC008 - [email protected]/t from 44m for(GxM 2) | ||||||||
| 22BBRC009 | 325707 | 6572021 | 419 | -50 | 265 | 60 | 22BBRC009 - [email protected]/t from 15m for(GxM 1) | |
| 22BBRC009 - [email protected]/t from 41m for(GxM 6) | ||||||||
| 22BBRC010 | 325704 | 6572063 | 418 | -50 | 264 | 60 | 22BBRC010 - [email protected]/t from 15m for(GxM 1) | |
| 22BBRC010 - [email protected]/t from 19m for(GxM 1) | ||||||||
| 22BBRC010 - [email protected]/t from 23m for(GxM 47) | ||||||||
| 22BBRC010 - [email protected]/t from 48m for(GxM 4) | ||||||||
| 22BBRC011 | 325427 | 6571720 | 438 | -90 | 0 | 14 | 22BBRC011 - [email protected]/t from 0m for(GxM 5) | |
| 22BBRC011 - [email protected]/t from 9m for(GxM 1) | ||||||||
| 22BBRC012 | 325427 | 6571730 | 438 | -90 | 0 | 12 | 22BBRC012 - [email protected]/t from 1m for(GxM 33) | |
| 22BBRC013 | 325427 | 6571750 | 437 | -90 | 0 | 8 | 22BBRC013 - [email protected]/t from 2m for(GxM 6) | |
| 22BBRC014 | 325427 | 6571760 | 437 | -90 | 0 | 8 | 22BBRC014 - [email protected]/t from 0m for(GxM 2) | |
| 22BBRC015 | 325427 | 6571779 | 436 | -90 | 0 | 8 | NSI | |
| 22BBRC016 | 325416 | 6571720 | 438 | -90 | 0 | 14 | 22BBRC016 - [email protected]/t from 2m for(GxM 3) | |
| 22BBRC016 - [email protected]/t from 9m for(GxM 1) | ||||||||
| 22BBRC017 | 325418 | 6571731 | 438 | -90 | 0 | 12 | 22BBRC017 - [email protected]/t from 1m for(GxM 6) | |
| 22BBRC018 | 325419 | 6571740 | 438 | -90 | 0 | 10 | 22BBRC018 - [email protected]/t from 0m for(GxM 5) | |
| 22BBRC019 | 325420 | 6571760 | 437 | -90 | 0 | 8 | 22BBRC019 - [email protected]/t from 5m for(GxM 1) | |
| 22BBRC020 | 325421 | 6571770 | 436 | -90 | 0 | 8 | 22BBRC020 - [email protected]/t from 1m for(GxM 4) | |
| 22BBRC021 | 325423 | 6571790 | 435 | -90 | 0 | 6 | 22BBRC021 - [email protected]/t from 0m for(GxM 4) | |
| 22BBRC022 | 325427 | 6571800 | 434 | -90 | 0 | 6 | 22BBRC022 - [email protected]/t from 3m for(GxM 1) | |
| 22BBRC023 | 325424 | 6571810 | 433 | -90 | 0 | 6 | 22BBRC023 - [email protected]/t from 0m for(GxM 3) | |
| 22BBRC024 | 325427 | 6571820 | 432 | -90 | 0 | 6 | 22BBRC024 - [email protected]/t from 0m for(GxM 1) | |
| 22BBRC025 | 325426 | 6571830 | 431 | -90 | 0 | 6 | 22BBRC025 - [email protected]/t from 0m for(GxM 3) | |
| 22BBRC026 | 325427 | 6571840 | 430 | -90 | 0 | 6 | 22BBRC026 - [email protected]/t from 0m for(GxM 1) | |
| 22BBRC027 | 325427 | 6571850 | 429 | -90 | 0 | 6 | 22BBRC027 - [email protected]/t from 0m for(GxM 1) | |
| 22BBRC028 | 325429 | 6571860 | 429 | -90 | 0 | 6 | NSI | |
| 22BBRC029 | 325531 | 6571923 | 378 | -50 | 242 | 24 | 22BBRC029 - [email protected]/t from 0m for(GxM 22) | |
| 22BBRC029 - [email protected]/t from 18m for(GxM 1) |
==> picture [346 x 573] intentionally omitted <==
| KtData aggregation | • | Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum |
|---|---|---|
| methods | reporting width of 1m for RC holes and 0.3m for diamond holes, composited to | |
| 1m. | ||
| Relationship | • | Holes were drilled orthogonal to mineralisation as much as possible, however the |
| between | exact relationship between intercept width and true width cannot be estimated | |
| mineralisation | exactly in all cases. |
Market Announcement | Page 47 of 96
| widths and intercept lengths |
|
|---|---|
| Diagrams | • Refer to Figures and Tables in body of the release. |
| Balanced reporting | • Historic drill hole results available on WAMEX. |
| Other substantive exploration data |
• There is no other material exploration data to report at this time. |
| Further work | • Complete Geotechnical, Hydrogeological and material classification assessments. Follow up pit design, incorporation into mine schedule and economic assessment |
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Commentary |
|---|---|
| Database integrity | • FML data was geologically logged electronically, collar and downhole surveys were also received electronically as was the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling program for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys oChecks for character data in numeric fields • Data extracted from the database were validated visually in GEOVIA Surpac software and ARANZ Geo Leapfrog software. Also, when loading the data any errors regarding missing values and overlaps are highlighted. • Historic data has been validated against WAMEX reports where possible. |
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager - Exploration and conducts regular site visits. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and last visited site in February 2014. |
| Geological interpretation |
• All available drill hole and mining data was used to guide the geological interpretation of the mineralisation. • The mineralised geological interpretation was constructed in Seequent Leapfrog Geo software. • Big Blow and Happy Jack are modelled as separate deposits but combined into one block model due to the proximity to one another with Happy Jack sitting ~ 150m to the East of Big Blow. |
| • Big Blow consists of one continuous main lode with a smaller high-grade, internal lode. A continuous footwall lode and two discontinuous hanging wall lodes that have a flatter dip to the main and footwall lodes. • Happy Jack consists of four discontinuous thin stacked lodes steeply dipping to the East. |
|
|---|---|
| Dimensions | • The Big Blow deposit strikes NNE over an approximate 800m strike length. The main lode and continuous footwall lode dip sub-vertically to the east and have been modelled to approximately 280m below surface. The discrete high-grade core within the main lode has been modelled over a 490m strike and is entire enclosed within the main lode. Two smaller hanging wall lodes are flatter dipping to the east. The average thickness of the main lode and it’s high-grade core varies from 1m to up to 12m thick. The minor lodes average 3m thick. • Happy Jack deposit strikes NNE over approximately 900m strike length. The thin discontinuous stacked lodes dip sub-vertically to the east and have been interpreted approximately 200m below surface. The lodes have an average thickness of 4m. |
| Estimation and modelling techniques |
• The drill hole samples were composited to 1m within each domain. This is the dominant sampling interval. • All domain boundaries were considered “hard” boundaries and no drill hole information was used by another domain in the estimation including the high-grade core and surrounding lower grade main lode halo. • Composited assay values of each domain were exported to a text file (.csv) and imported into Snowden Supervisor for geostatistical analysis. • A review of histograms, probability plots and mean/variance plots for each domain revealed some outlier sample values. • Top capping of higher Au values within each domain was carried out with Au values above the cut-off grade reset to the cut-off grade. • For the main Big Blow and Happy Jack domain, a top-cut of 20g/t Au was selected, with the high-grade core capped at 30g/t. The different smaller domains had different top-cuts as required. • Variograms were modelled in Supervisor on the domains that had greater than 100 samples, which was all but one domain. The one domain without its own variogram model shared the variogram of an adjacent lode. Due to the skewed nature of the dataset a Normal Scores transformation was applied to obtain better variograms. A back-transformation was then applied before being exported. The high-grade core and surrounding main lode were modelled as one. • GEOVIA Surpac Software was used for the estimation and modelling process. The model was created in GDA 94 grid co-ordinates. Block sizes for the model were 10m in Y, 5m in X and 5m in Z direction. Sub celling of the parent blocks was permitted to 0.625m in the Y direction, 0.625m in the X direction and 0.625m in the Z direction. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block. • A rotation of 10° around the Y axis was applied to the orientation of the blocks to best fit the NNE strike of the lodes. • Block size is approximately ½ of the average drill hole spacing. • An Ordinary Kriging (OK) estimation technique was selected and used the variograms modelled in Supervisor. Each domain was estimated separately using only its own sample values. • Minimum (8) and maximum (18) sample numbers were selected based on a Kriging Neighbourhood analysis in Supervisor. This was dropped to a minimum (4) samples on the second and third search pass. • An elliptical search was used based on range of the Variograms. |
Market Announcement | Page 49 of 96
| • Three search passes were run in order to fill the block model with estimated Au values. The search distances were doubled between the first and second search pass and doubled again between the second and third search pass. • A grade dependent search limit was applied, restricting gold values greater than 10ppm to be used in estimating blocks greater than 30m away from the sample location. This technique helps minimise the “smearing” of high-grade values in areas of less drill density. • The estimate was validated by a number of methods. An initial visual review was done by comparing estimated blocks and raw drill holes. • Tonnage weighted mean grades were compared for all lodes with the raw and top- capped drill hole values. There were no major differences. • Swath plots of drill hole values and estimated Au grades by northing, easting and RL were generated for all domains in Supervisor software and showed that the estimated grades honoured the trend of the drilling data. |
|
|---|---|
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The Resources for Big Blow and Happy Jack have been reported above a 0.7g/t cut-off for open pit above 270mRL, this is based on an inhouse pit optimisation. |
| Mining factors or assumptions |
• Big Blow and Happy Jack would be mined by open-cut mining methods. |
| Metallurgical factors or assumptions |
• Big Blow has been previously mined by Focus with recoveries from milling reconciliations around 97% |
| Environmental factors or assumptions |
• The Big Blow deposit has been previously excavated and nearby Happy Jack sit within an area of previous ground disturbance including haul roads and waste dumps. • There are no unforeseen environmental considerations that would prevent open pit mining from re-commencing in the area. |
| Bulk density | • Density values were assigned based on weathering profile using SG test work on FML diamond core samples and historic figures used in the region. An average density of 1.8 for oxidised t/m3, 2.4 t/m3 for transitional and 2.7 t/m3 for fresh rock were applied to the model. |
| Classification | • Resources have been classified as either Indicated or Inferred based mainly on geological confidence in the geometry and continuity of the lodes. In addition, various estimation output parameters such as number of samples, search pass, kriging variance, and slope of regression have been used to assist in classification. • Above the 270mRL significant drilling exists mostly pattern drilled to 10m x 20m, along with mining of resources from the pit over a number of years; therefore, blocks that estimated in the first search pass were classified as Indicated. • Estimated blocks in the second search pass above the 270mRL were classified as Inferred. • Remaining estimated blocks were assigned a ‘not classified’ code and are not included in the reported mineral resource estimate. |
| Audits or reviews | • No external audits of the mineral resource have been conducted. |
| Discussion of relative accuracy/ confidence |
• This is addressed in the relevant paragraph on Classification above. • The Mineral Resource relates to global tonnage and grade estimates. |
JORC Code, 2012 Edition – Table 1 CNX Deposit
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
• Focus Minerals Ltd (FML) RC percussion drill chips were collected through a cyclone and riffle splitter. Samples were collected on a 1m basis. The spoils were either bagged per metre in appropriately sized plastic bags or placed on the ground and left in neat rows at 1m intervals with an accompanying cone split 1m calico sample • Diamond core was collected into standard plastic core trays. Down hole depths were marked onto wooden core blocks and stored in the trays. • The diamond core was marked up for sampling by the supervising geologist during the core logging process, with sample intervals determined by the presence of mineralisation and/or alteration. Whenever possible the cutline was drawn parallel to and close to the down hole core orientation line to ensure the cut-line was consistent over the hole. The core was cut in half using an automatic core saw, with half-core samples submitted for analysis. • At the assay laboratory all samples were oven dried, crushed to a nominal 10mm using a jaw crusher (core samples only) and weighed. Samples in excess of 3kg in weight were riffle split to achieve a maximum 3kg sample weight before being pulverized to 90% passing 75μm. • The diamond core was orientated and marked up for sampling by the supervising geologist during the core logging process, with sample intervals determined by the presence of mineralisation and/or alteration. The core was cut in half using an Almonte automatic core saw. • Goldfan collected 2kg samples as either 4m composites or as 1m samples through mineralised ground or interesting geology. Samples were run through a cyclone and then put through a riffle splitter. Where the 4m composite samples returned greater than 0.25g/t Au, 1m samples were submitted. • Cord Holdings (Cord) collected 1m samples off the RC rig, split the samples by unknown methods and submitted them for assay. • Information on the seven Diamond holes drilled by Northland Minerals Ltd is limited and only referred to as an internal report on WAMEX. However, four of these holes were targeted within the current CNX pit. Samples were taken as predominantly 1m intervals, with 2m composites taken from surface to approx. 18m below surface. Samples were also taken to geological contacts. • Clackline Ltd (Clackline) drilled RC pre-collars followed by NQ drill core. The RC pre-collars were riffle split with 1m samples submitted for assay, while NQ core was sawn and ½ core 1m samples submitted for analysis. |
| Drilling techniques | • Years 2020 onward FML RC drilling was conducted using a 5 3/8inch face sampling hammer for RC drilling. • At hole completion, downhole surveys for RC holes were completed at a 10m interval by using True North Seeking Gyro tool. Otherwise, a single shot Eastman camera downhole survey was used either “in-rod” or “open hole”. • Years 2020 onward FML diamond drilling core was drilled at NQ2/HQ3/PQ size. All drill core was oriented where competent by the drilling contractor using electronic digital, accelerometer-based system. • At hole completion diamond holes were open hole surveyed using an EMS single shot tool at a range of intervals between 20m and 50m, averaging 30m • 2014 FML drilling was completed using an RC face sampling hammer or NQ2/HQ3 size diamond core. Where achievable, all drill core was oriented by the drilling |
Market Announcement | Page 51 of 96
| contractor using an Ezy-mark system. Most holes were surveyed upon completion of drilling using an electronic multi-shot (EMS) camera open hole. • Goldfan used RC face sampling hammer. Holes were downhole surveyed by Eastman single shot camera and later by Eastman multiple shot camera. • Cord RC holes were completed using RC roller and hammer. • Clackline drilled RC pre-collars followed by NQ diamond core tails. Holes were downhole surveyed by Eastman single shot camera. |
|
|---|---|
| Drill sample recovery |
• FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry whenever possible to maximize recovery, with water injection on the outside return to minimise dust. • FML DD sample recovery was measured and calculated (core loss) during the logging process. DD core had generally excellent recovery. • Goldfan states a consistent sample recovery in the range of 80-90%. • Cord, Clackline and Northland sample recovery is unknown. |
| Logging | • The information of logging techniques below applies to the drill holes drilled by FML only. All core samples were oriented, marked into metre intervals and compared to the depth measurements on the core blocks. Any loss of core was noted and recorded in the drilling database. • All RC samples were geologically logged to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • All diamond core was logged for structure, and geologically logged using the same system as that for RC. • The logging information was transferred into the company’s drilling database once the log was complete. • Logging was qualitative, however the geologists often recorded quantitative mineral percentage ranges for the sulphide minerals present. • Diamond core was photographed one core tray at a time using a standardised photography jig. • RC chip trays are wet and dry photographed on a hole-by-hole basis • The entire length of all holes is logged. • Historic RC holes have been logged at 1m intervals to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. |
| Sub-sampling techniques and sample preparation |
• FML Core samples were taken from half core, cut using an Almonte automatic core saw. The remainder of the core was retained in core trays tagged with a hole number and metre mark. Samples were submitted to ALS Kalgoorlie for analysis. • FML RC samples were riffle split to a nominal 2.5kg to 3kg sample weight. The drilling method was designed to maximise sample recovery and delivery of a clean, representative sample into the calico bag. • 2014 FML The samples were submitted to ALS or Kal Assay for analysis. • 2020 onward FML samples were submitted to Jinning lab in Kalgoorlie with gold analysed by fire assay • Where possible all RC samples were drilled dry to maximise recovery. Sample condition was recorded (wet, dry, or damp) at the time of sampling and recorded in the database. • The samples were collected in a pre-numbered calico bag bearing a unique sample ID. Samples were crushed to 75μm at the laboratory and riffle split (if required) to a maximum 3kg sample weight. Gold analysis was primarily a 40g Fire Assay for individual samples with an ICP-OES or AAS Finish. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques andpractices that are appropriate for this style of |
| mineralisation. Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • FML QAQC checks involved inserting a standard or blank alternating every 20 samples in RC. Diamond core field duplicates were not taken, a minimum of 1 standard was inserted for every sample batch submitted. • The sample sizes are considered to be appropriate for the type, style and consistency of mineralisation encountered during this phase of exploration. • Goldfan originally submitted its samples to Australian Laboratories Group Kalgoorlie. The 2kg samples were oven dried, then crushed to a nominal 6mm and split once through a Jones riffle splitter. A 1kg sub-sample was fine pulverised in a Keegor Pulveriser to a nominal 100 microns. This sample was homogenised and 400-500g split as the assay pulp for analysis. Assaying was by a classical fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Later RC drilled by Goldfan was submitted to Minlab Kalgoorlie where the whole of the sample is pulverised in a ring mill before 300g sample is split as the assay pulp. Assaying was by fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Goldfan conducted inter-laboratory check sampling over approx. 10% of holes over the whole program with results found to be within acceptable limits. • Laboratory repeat checks were also run on the assay data. • Cord submitted 1m samples to Kalgoorlie Assay Laboratory. • Clackline submitted 1m RC samples or 1m ½ core diamond samples to Australian Assay Laboratories for fire assay on a 50g charge. |
|
|---|---|
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • The QA/QC process described above was sufficient to establish acceptable levels of accuracy and precision. All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. |
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. Consultants were not used for this process. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. |
| Location of data points |
• All 2020 onwards FML drill core was oriented by the drilling electronic accelerator system. Most holes were surveyed upon completion of drilling. • All 2020 onwards FML RC holes were down hole surveyed using a north seeking gyro. • All 2020 onwards FML diamond holes were single shot open hole surveyed using a reflex system • All 2014 FML holes were surveyed using an EMS system. • After completion, the drill hole locations were picked up by DGPS with accuracy of +/-20cm. • All coordinates and bearings use the MGA94 Zone 51 grid system. • FML utilises Landgate sourced regional topographic maps and contours as well as internally produced survey pick-ups produced by the mining survey teams utilising DGPS base station instruments. • Detailed drone topography and imagery has also bee acquired over the project area toprovide additional topographic detail and spatial accuracy |
Market Announcement | Page 53 of 96
| • Goldfan holes were laid out and picked up by the Three Mile Hill Survey Department. Down hole surveying was conducted by Down Hole Surveys using Eastman multiple shot cameras. • Clackline used Eastman single shot cameras for down hole surveying and state collars were surveyed with respect to local grids that existed at the time. |
|
|---|---|
| Data spacing and distribution |
• Drill spacing along CNX is approximately 10m x 10m to 20m x 10m through the main lode horizon, increasing to 40m x 20m at the far south-eastern extension of the mineralisation as it nears the Highway. The average depth of the RC drilling is 80m, with a maximum depth of 149m and the average depth of the diamond drilling was 100m with a maximum depth of 131.05m. |
| Orientation of data in relation to geological structure |
• Drilling was designed based on known geological models, field mapping, verified historical data and cross-sectional interpretation. • The vast majority of holes are oriented at right angles to the strike of the host G2 Gabbro intrusion, with dip optimised for drill capabilities and the dip of the ore body. • During 2020 and 2021 significant additional structural data was acquired from Geotechnical drilling. Based on this data 8 RC/DD holes were drilled with dips to the NW in order to facilitate the best possible orientation of drilling to test the CNX stockwork and convert significant parts of the resource to indicated status |
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • All samples were bagged in a tied numbered calico bag, grouped into green plastic bags. The bags were placed into cages with a sample submission sheet and delivered directly from site to the Kalgoorlie laboratories by FML personnel. • Historic sample security is not recorded. |
| Audits or reviews | • A review of sampling techniques was carried out by rOREdata Pty Ltd in late 2013 as part of a database amalgamation project. Their only recommendation was to change the QA/QC intervals to bring them into line with the FML Laverton system, which uses the same frequency of standards and duplicates but has them inserted at different points within the numbering sequence. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary |
|---|---|
| Mineral tenement and land tenure status |
• CNX is located within Mining Lease M15/645, registered to Focus Minerals Ltd. and Focus Operations Pty Ltd of Perth, Western Australia and which is current until March 2035. • The Malinyu Ghoorlie 2017 and Maduwongga 2017 Claims cover the majority of the Coolgardie tenure. At this stage no Coolgardie claims have progressed to determined status. |
| Exploration done by other parties |
• CNX and the adjacent Three Mile Hill deposits have been explored by numerous parties over the years. A 1986 Cord WAMEX report references the lease mentioned in 1947 Department of Mines Annual Reports. They also indicate earlier prospecting activity was evident by: • two shallow shafts • several shallow pits sunk within the mineralised dolerite belt. • large scale alluvial/elluvial surface mining by previous holders • More modern exploration of the deposit has involved various drilling campaigns by various drilling methods such as RAB, RC and Diamond since the mid 1960’s. • Geological Mapping, Ground Magnetics, Aeromagnetics and soil sampling have also been routinely carried out by otherparties since the mid 1980’s. |
| • Herald Resources briefly mined CNX in the 1990’s by open pit extraction while it was mining the adjacent Three Mile Hill deposit to the SE of the Great Eastern Highway. A 1.2Mtpa processing plant was constructed at the Three Mile Hill deposit. • The existing CNX pit is 275m long, 75m wide and has been mined to a depth of 30m. • Production figures for the CNX OP are not available however the portion of the new resource within the old pit can be calculated and reports at 0.7 g/t cut off as 319Kt @ 1.7g/t for 18Koz (Figures rounded). Further to the southeast along the strike of the host G2 Gabbro is the Three Mile Hill OP. TMH OP has reported production of 4.2Mt at a grade of 2.4g/t Au for 324,116 ounces. |
• Herald Resources briefly mined CNX in the 1990’s by open pit extraction while it was mining the adjacent Three Mile Hill deposit to the SE of the Great Eastern Highway. A 1.2Mtpa processing plant was constructed at the Three Mile Hill deposit. • The existing CNX pit is 275m long, 75m wide and has been mined to a depth of 30m. • Production figures for the CNX OP are not available however the portion of the new resource within the old pit can be calculated and reports at 0.7 g/t cut off as 319Kt @ 1.7g/t for 18Koz (Figures rounded). Further to the southeast along the strike of the host G2 Gabbro is the Three Mile Hill OP. TMH OP has reported production of 4.2Mt at a grade of 2.4g/t Au for 324,116 ounces. |
• Herald Resources briefly mined CNX in the 1990’s by open pit extraction while it was mining the adjacent Three Mile Hill deposit to the SE of the Great Eastern Highway. A 1.2Mtpa processing plant was constructed at the Three Mile Hill deposit. • The existing CNX pit is 275m long, 75m wide and has been mined to a depth of 30m. • Production figures for the CNX OP are not available however the portion of the new resource within the old pit can be calculated and reports at 0.7 g/t cut off as 319Kt @ 1.7g/t for 18Koz (Figures rounded). Further to the southeast along the strike of the host G2 Gabbro is the Three Mile Hill OP. TMH OP has reported production of 4.2Mt at a grade of 2.4g/t Au for 324,116 ounces. |
• Herald Resources briefly mined CNX in the 1990’s by open pit extraction while it was mining the adjacent Three Mile Hill deposit to the SE of the Great Eastern Highway. A 1.2Mtpa processing plant was constructed at the Three Mile Hill deposit. • The existing CNX pit is 275m long, 75m wide and has been mined to a depth of 30m. • Production figures for the CNX OP are not available however the portion of the new resource within the old pit can be calculated and reports at 0.7 g/t cut off as 319Kt @ 1.7g/t for 18Koz (Figures rounded). Further to the southeast along the strike of the host G2 Gabbro is the Three Mile Hill OP. TMH OP has reported production of 4.2Mt at a grade of 2.4g/t Au for 324,116 ounces. |
||
|---|---|---|---|---|---|
| Geology | CNX Main • The CNX deposit mineralisation is located within steeply southwest dipping and northwest striking Three Mile Hill meta gabbro. The Three Mile Hill Gabbro is a layered sill which includes a differentiated coarse grained granophyric quartz – hornblende granodiorite unit locally called “G2 Gabbro”. • The vast majority of the quartz stockwork hosted mineralisation is developed within the G2 Gabbro. • Bulk style stockwork mineralisation is hosted by networks of 1 to +5cm quartz veins with general very shallow dips to the southwest. • Higher grade generally 5 to +30cm laminated quartz veins dip moderately to the SE. • Together the two orientations of quartz vein stockworks have developed a bulk style tabular ore body at CNX main within the G2 Gabbro. This mineralisation extends under Great Eastern Highway and has been confirmed by drilling to be contiguous with the Three Mile Hill OP 190m to the southeast. • The main part of the CNX deposit averages 35 to 45m width and outcrops/subcrops over more than 700m strike • Infill and extensional drilling conducted since late 2020 has shown the mineralisation at CNX main to be remarkably consistent and predictable with new drill holes beneath the indicated parts of the resource confirming potential for future resource expansion CNX Gap zone/Princess Midas • Recent drilling north of CNX OP has confirmed the location of the G2 Gabbro extending a further 190m to the NW before folding and extending an additional 400m to the west – southwest. • Stockworks have been intersected between the north end of CNX main and the fold nose over 190m strike. However, the tenor and width of the mineralisation declines in this area and it is now termed the “Gap zone”. It is also noted the Gap zone is crosscut by several faults resulting in some block faulting of the stratigraphy. • Several shallow workings and a single significantly larger shaft are located at the north end of the Gap zone. These working have historically been called “Princess Midas” the workings have targeted some of the Gap zone cross cutting faults and also, the eastern margin of the fold hinge where the mine stratigraphy changes orientation and extends west- southwest. |
||||
| Drill hole Information |
• Historic drilling information has been validated against publicly available WAMEX reports. Company Drill Hole Number WAMEX Report A- Number WAMEX Report Date |
||||
| Company | Drill Hole Number | WAMEX Report A- Number |
WAMEX Report Date |
Market Announcement | Page 55 of 96
| CLACKLINE | TMH004R, TMH011R, TMH013R, TMH014R, TMH016R, TMH018R, TMH019R, TMH021R, TMH022R, TMH023R, TMH024R, TMH031R, TMH032R, TMH033R, TMH034R, TMH035R, TMH036R, TMH037R, TMH038R, TMH039R, TMH040R,TMH041R,TMH042R |
20750 | Jan-86 | ||
|---|---|---|---|---|---|
| ECN001RD,ECN002RD | 20750 | Jan-86 | |||
| ECN003RD,ECN004RD | 20344 | 1986 | |||
| CORD-PAL | RC1, RC10, RC11, RC12, RC13, RC14, RC15, RC16, RC17, RC18, RC19, RC2, RC20, RC21, RC22, RC23, RC24, RC3, RC4, RC5, RC6, RC7, RC8 |
19363 | Jun-86 | ||
| GOLDFAN | TMH001RD, TMH012RD, TMH072RD, TMH098RD, TMH099RD, TMH102RD, TMH015RD, TMH071RD, TMH353RD, TMH354RD,TMH355RD |
25383 | Oct-88 | ||
| TMH185R, TMH186R, TMH188R, TMH189R, TMH190R, TMH191R, TMH192R, TMH193R, TMH194R, TMH205R, TMH180R, TMH181R, TMH196R, TMH197R, TMH198R, TMH199R, TMH200R, TMH201R, TMH202R, TMH203R, TMH204R, TMH206R, TMH207R, TMH209R, TMH210R, TMH211R, TMH212R, TMH164RD, TMH165RD, TMH166RD, TMH167RD, TMH168RD, TMH169RD, TMH170RD, TMH171RD, TMH172RD, TMH173RD, TMH176RD, TMH177RD, TMH179RD, TMH182RD, TMH183RD, TMH174RD, TMH175RD,TMH178RD,TMH208RD |
33456 | Jun-91 | |||
| TMH222R, TMH223R, TMH224R, TMH225R, TMH226R, TMH227R, TMH228R, TMH229R, TMH230R, TMH231R, TMH232R, TMH242R, TMH243R, TMH244R, TMH245R, TMH246R, TMH247R, TMH248R, TMH249R, TMH250R, TMH251R |
43021 | Dec-94 | |||
| TMH255R, TMH256R, TMH258R, TMH259R, TMH260R, TMH261R, TMH262R, TMH263R, TMH264R, TMH265R, TMH266R, TMH267R, TMH268R, TMH269R, TMH270R, TMH271R, TMH272R, TMH273R, TMH275R, TMH276R, TMH279R, TMH280R, TMH282R, TMH283R, TMH284R, TMH285R, TMH287R, TMH288R, TMH289R, TMH290R, TMH291R, TMH292R, TMH294R, TMH296R, TMH297R, TMH299R, TMH300R, TMH301R, TMH302R, TMH303R, TMH304R, TMH305R, TMH306R, TMH307R, TMH308R, TMH309R, TMH310R, TMH311R, TMH312R, TMH313R, TMH314R, TMH315R, TMH316R, TMH317R, TMH321R, TMH322R, TMH323R, TMH324R, TMH327R, TMH328R, TMH329R, TMH330R, TMH331R, TMH333R, TMH334R, TMH335R, TMH336R, TMH337R, TMH338R,TMH339R,TMH340R,TMH341R |
46486 | Dec-95 | |||
| TMH579R,TMH578RD | 53195 | Dec-97 | |||
| GMC /GOLDFAN |
TMH338R, TMH339R, TMH340R, TMH341R, TMH344RD, TMH345RD, TMH346RD, TMH347RD, TMH352RD, TMH353RD, TMH354RD,TMH355RD |
49956 | Jan-97 | ||
| • Holes not available through WAMEX but previously reported: Company Drill Hole Number Announcement Release Date Northland TMDDH-2, TMDDH-3, TMDDH-4, TMDDH-5, TMDDH-6, TMDDH-7, TMDDH-8 Large-Scale Mineral Resource at Coolgardie Gold Project's CNX Deposit 17-Dec-20 FOCUS 20CNDD001, 20CNRC001, 20CNRC002, 20CNRC003 Exploration Update - Coolgardie Gold Project 26-Apr-21 21CNDD001, 21CNDD002, 21CNDD003, 21CNDD004, 21CNDD005, 21CNDD006, 21CNDD007, 21CNDD008, 21CNDD009, 21CNDD010, 21CNDD011, 21CNDD012, 21CNDD013, 21CNDD014, 21CNDD015, 21CNDD016, 21CNDD017, 21CNRC001, 21CNRC002, 21CNRC003, 21CNRC004, 21CNRC005, 21CNRC006, 21CNRC007, 21CNRC008, 21CNRC009, 21CNRC010, 21CNRC011, 21CNRC012, 21CNRC013, 21CNRC014, 21CNRC015, 21CNRC016, 21CNRC017, 21CNRC018, 21CNRC019, 21CNRC020, 21CNRC021, 21CNRC022, 21CNRC023, 21CNRC024, 21CNRC026, 21CNRC028, 21CNRC029, 21CNRC030, 21CNRD001, 21CNRD002, 21CNRD003, 21CNRD004, 21CNRD005, 21CNRD025, 21CNRD027 CNX’s Mineral Resource increases 30% in major boost for Coolgardie Gold Project 24-Jun-21 21CNRD007, 21CNRD035, 21CNRD036, 21CNRD037, 21CNRD038, 21CNRD039, 21CNRD040, 21CNRD041, 21CNRD042, 21CNRD043, 21CNRD044, 21CNRD045, 21CNRD046, 21CNRD047, 21CNRD048, 21CNRD049, 21CNRD050, 21CNRD051, 21CNRD052, 21CNRD053, CNDD014 CNX Mineral Resource Update 24-Nov-21 • Holes drilled by FML not previously reported: |
|
|---|---|
Market Announcement | Page 57 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5g/t cut off and up to 3m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 22CNRC001 | 327296 | 6577728 | 422 | -57.6 | 320.0 | 42 | 22CNRC001 - [email protected]/t from 11m for(GxM 3) | |
| 22CNRC001 - [email protected]/t from 25m for(GxM 17) | ||||||||
| 22CNRC002 | 327319 | 6577706 | 424 | -57.7 | 314.0 | 54 | 22CNRC002 - [email protected]/t from 2m for(GxM 15) | |
| 22CNRC002 - [email protected]/t from 14m for(GxM 19) | ||||||||
| 22CNRC002 - [email protected]/t from 33m for(GxM 1) | ||||||||
| 22CNRC002 - [email protected]/t from 47m for(GxM 4) | ||||||||
| 22CNRC003 | 327345 | 6577685 | 426 | -62.2 | 310.0 | 54 | 22CNRC003 - [email protected]/t from 16m for(GxM 1) | |
| 22CNRC003 - [email protected]/t from 45m for(GxM 4) | ||||||||
| 22CNRC004 | 327359 | 6577672 | 427 | -59.0 | 317.7 | 48 | 22CNRC004 - [email protected]/t from 0m for(GxM 16) | |
| 22CNRC004 - [email protected]/t from 24m for(GxM 1) | ||||||||
| 22CNRC004 - [email protected]/t from 41m for(GxM 2) | ||||||||
| 22CNRC004 - [email protected]/t from 47m for(GxM 1) | ||||||||
| 22CNRC005 | 327374 | 6577656 | 428 | -59.4 | 316.1 | 42 | 22CNRC005 - [email protected]/t from 0m for(GxM 10) | |
| 22CNRC005 - [email protected]/t from 19m for(GxM 16) | ||||||||
| 22CNRC005 - [email protected]/t from 36m for(GxM 1) | ||||||||
| 22CNRC006 | 327388 | 6577643 | 428 | -59.6 | 315.7 | 54 | 22CNRC006 - [email protected]/t from 0m for(GxM 22) | |
| 22CNRC006 - [email protected]/t from 18m for(GxM 41) | ||||||||
| 22CNRC006 - [email protected]/t from 29m for(GxM 5) | ||||||||
| 22CNRC006 - [email protected]/t from 42m for(GxM 4) | ||||||||
| 22CNRC007 | 327399 | 6577633 | 426 | -62.8 | 315.2 | 60 | 22CNRC007 - [email protected]/t from 14m for(GxM 26) | |
| 22CNRC007 - [email protected]/t from 31m for(GxM 1) | ||||||||
| 22CNRC007 - [email protected]/t from 43m for(GxM 11) | ||||||||
| 22CNRC008 | 327415 | 6577617 | 425 | -60.0 | 308.0 | 72 | 22CNRC008 - [email protected]/t from 25m for(GxM 1) | |
| 22CNRC008 - [email protected]/t from 28m for(GxM 1) | ||||||||
| 22CNRC008 - [email protected]/t from 42m for(GxM 1) | ||||||||
| 22CNRC008 - [email protected]/t from 54m for(GxM 3) | ||||||||
| 22CNRC008 - [email protected]/t from 61m for(GxM 6) | ||||||||
| 22CNRC009 | 327428 | 6577601 | 425 | -60.9 | 317.1 | 36 | 22CNRC009 - [email protected]/t from 17m for(GxM 2) | |
| 22CNRC009 - [email protected]/t from 32m for(GxM 1) | ||||||||
| 22CNRC010 | 327443 | 6577589 | 425 | -60.1 | 314.9 | 42 | 22CNRC010 - [email protected]/t from 40m for(GxM 1) | |
| 22CNRC011 | 327454 | 6577564 | 424 | -60.8 | 315.4 | 42 | 22CNRC011 - [email protected]/t from 12m for(GxM 1) | |
| 22CNRC011 - [email protected]/t from 18m for(GxM 2) | ||||||||
| 22CNRC011 - [email protected]/t from 37m for(GxM 9) | ||||||||
| 22CNRC012 | 327300 | 6577708 | 422 | -60.4 | 316.2 | 42 | 22CNRC012 - [email protected]/t from 4m for(GxM 1) | |
| 22CNRC012 - [email protected]/t from 8m for(GxM 1) | ||||||||
| 22CNRC012 - [email protected]/t from 23m for(GxM 2) | ||||||||
| 22CNRC012 - [email protected]/t from 34m for(GxM 8) | ||||||||
| 22CNRC013 | 327324 | 6577687 | 425 | -59.7 | 313.0 | 42 | 22CNRC013 - [email protected]/t from 16m for(GxM 10) | |
| 22CNRC013 - [email protected]/t from 30m for(GxM 7) | ||||||||
| 22CNRC014 | 327334 | 6577670 | 425 | -59.9 | 315.1 | 54 | 22CNRC014 - [email protected]/t from 18m for(GxM 2) | |
| 22CNRC014 - [email protected]/t from 29m for(GxM 1) | ||||||||
| 22CNRC014 - [email protected]/t from 31m for(GxM 1) | ||||||||
| 22CNRC014 - [email protected]/t from 52m for(GxM 1) | ||||||||
| 22CNRC015 | 327357 | 6577643 | 426 | -60.3 | 311.2 | 42 | 22CNRC015 - [email protected]/t from 15m for(GxM 13) | |
| 22CNRC015 - [email protected]/t from 31m for(GxM 2) | ||||||||
| 22CNRC016 | 327376 | 6577632 | 427 | -57.7 | 319.4 | 42 | 22CNRC016 - [email protected]/t from 1m for(GxM 6) | |
| 22CNRC016 - [email protected]/t from 32m for(GxM 7) | ||||||||
| 22CNRC017 | 327395 | 6577612 | 424 | -59.5 | 314.1 | 48 | 22CNRC017 - [email protected]/t from 4m for(GxM 1) | |
| 22CNRC017 - [email protected]/t from 7m for(GxM 3) | ||||||||
| 22CNRC017 - [email protected]/t from 16m for(GxM 8) | ||||||||
| 22CNRC017 - [email protected]/t from 27m for(GxM 1) | ||||||||
| 22CNRC018 | 327402 | 6577593 | 423 | -61.3 | 314.6 | 30 | 22CNRC018 - [email protected]/t from 18m for(GxM 1) | |
| 22CNRC018 - [email protected]/t from 23m for(GxM 11) |
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Dip | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5g/t cut off and up to 3m internal dilution |
||
|---|---|---|---|---|---|---|---|---|---|
| 22CNRC019 | 327427 | 6577573 | 424 | -60.4 | 315.0 | 42 | 22CNRC019 - [email protected]/t from 7m for(GxM 2) | ||
| 22CNRC019 - [email protected]/t from 16m for(GxM 8) | |||||||||
| 22CNRC019 - [email protected]/t from 41m for(GxM 1) | |||||||||
| 22CNRC020 | 327277 | 6577716 | 420 | -59.7 | 314.7 | 54 | 22CNRC020 - [email protected]/t from 0m for(GxM 11) | ||
| 22CNRC020 - [email protected]/t from 25m for(GxM 1) | |||||||||
| 22CNRC020 - [email protected]/t from 32m for(GxM 2) | |||||||||
| 22CNRC020 - [email protected]/t from 39m for(GxM 15) | |||||||||
| 22CNRC021 | 327284 | 6577698 | 420 | -59.9 | 311.5 | 66 | 22CNRC021 - [email protected]/t from 2m for(GxM 1) | ||
| 22CNRC021 - [email protected]/t from 63m for(GxM 2) | |||||||||
| 22CNRC022 | 327301 | 6577688 | 422 | -60.5 | 313.8 | 54 | 22CNRC022 - [email protected]/t from 4m for(GxM 2) | ||
| 22CNRC022 - [email protected]/t from 10m for(GxM 3) | |||||||||
| 22CNRC022 - [email protected]/t from 18m for(GxM 8) | |||||||||
| 22CNRC022 - [email protected]/t from 52m for(GxM 5) | |||||||||
| 22CNRC023 | 327312 | 6577672 | 422 | -60.7 | 317.6 | 48 | 22CNRC023 - [email protected]/t from 1m for(GxM 1) | ||
| 22CNRC023 - [email protected]/t from 12m for(GxM 1) | |||||||||
| 22CNRC023 - [email protected]/t from 18m for(GxM 2) | |||||||||
| 22CNRC023 - [email protected]/t from 33m for(GxM 3) | |||||||||
| 23CNRC001 | 327193 | 6577400 | 410 | -50.0 | 65.0 | 27 | NA | ||
| 23CNRC002 | 327195 | 6577401 | 410 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC003 | 327107 | 6577360 | 410 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC004 | 327048 | 6577333 | 412 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC005 | 326991 | 6577305 | 414 | -60.0 | 65.0 | 150 | NA | ||
| 23CNRC006 | 327016 | 6577497 | 414 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC007 | 326946 | 6577460 | 418 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC008 | 326872 | 6577425 | 418 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC009 | 326798 | 6577395 | 417 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC010 | 326914 | 6577621 | 419 | -50.0 | 65.0 | 94 | NA | ||
| 23CNRC011 | 326841 | 6577588 | 422 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC012 | 326769 | 6577554 | 422 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC013 | 326699 | 6577523 | 419 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC014 | 326887 | 6577770 | 414 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC015 | 326811 | 6577750 | 414 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC016 | 326776 | 6577899 | 416 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC017 | 326701 | 6577889 | 416 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC018 | 326632 | 6577843 | 416 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC019 | 326560 | 6577810 | 417 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC020 | 326529 | 6577972 | 419 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC021 | 326455 | 6577939 | 419 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC022 | 326736 | 6577715 | 416 | -50.0 | 65.0 | 150 | NA | ||
| 23CNRC023 | 326667 | 6577680 | 418 | -50.0 | 55.0 | 150 | NA | ||
| 23CNRC024 | 327115 | 6577497 | 411 | -50.0 | 45.0 | 150 | NA | ||
| Data aggregation methods |
• Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for RC holes and 0.3m for diamond holes, composited to 1m. |
||||||||
| Relationship between mineralisation widths and intercept lengths |
• Holes were drilled orthogonal to mineralisation as much as possible, however the exact relationship between intercept width and true width cannot be estimated exactly in all cases. • 8 RC/DD holes have been drilled with dips toward the northwest sub parallel and cutting across the G2 Gabbro. These holes were completed to test the resource model in areas being converted to Indicated status with holes planned to drill right across the host stratigraphy. This orientation while not perpendicular to the overall tabular mineralisation is in fact closer to orthogonal to the mineralised stockwork system developed within the host G2 Gabbro. |
||||||||
| Diagrams | • Refer to Figures and Tables in body of the release. | ||||||||
| Balanced reporting | • Drill hole results available on WAMEX. | ||||||||
| Other substantive exploration data |
• There is no other material exploration data to report at this time. |
Market Announcement | Page 59 of 96
Further work
•
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Commentary |
|---|---|
| Database integrity | • FML data was geologically logged electronically, collar and downhole surveys were also received electronically as was the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling program for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys • Checks for character data in numeric fields. • Data extracted from the database were validated visually in GEOVIA Surpac software and Seequent Leapfrog software. Also, when loading the data any errors regarding missing values and overlaps are highlighted. • Historic data has been validated against WAMEX reports where possible. |
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager - Exploration and conducts regular site visits including October 27 and early December. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and last visited site in February 2014. |
| Geological interpretation |
• All available drill hole and pit mapping data was used to guide the geological interpretation of the mineralisation. • Drilling by FML in 2022 filled in gaps in the drill spacing and further confirmed the mineralisation interpretation from the November 2021 mineral resource update for CNX. • Only minor modifications were made to the interpretation when adding in the new drill holes. oThe mineralised geological interpretation was created and updated in Leapfrog Geo software. oThe two different vein sets were modelled independently. oA series of closely spaced, stacked flatter dipping lodes (33 in total) were modelled as dipping 30° to the SW. oA further 29 regularly spaced steeper SE dipping feeder/cross faults were also interpreted as controlling the distribution of higher grade and thicker shoots. This population of veins is well supported from oriented drill core structural measurements and is mostly contained within the G2 Gabbro. |
oMinor deviation only of the lode geometry was noticed between drill holes along strike and down-dip within each of the two different mineralisation sets. |
|
|---|---|
| Dimensions | • The CNX – Three Mile Hill trend strikes NW – SE over 1.6km • The reported CNX resource has been truncated using the Great Eastern Highway as a divide and only the northern portion of the resource is reported. • The CNX mineralisation has been modelled over 700m, the lodes have been interpreted from near surface to approximately 250m below surface to the 150mRL. • The average thickness of the flatter lodes is 4m. However, as the lodes are stacked the bulk style mineralisation combines to form a tabular style of very steeply southwest dipping mineralisation averaging 35-46m width over 700m strike currently defined by drilling. |
| Estimation and modelling techniques |
• An Ordinary Kriging (OK) estimate was run using Datamine software, following the process below: • Extracts in a csv format from the FML acQuire database for drillhole collar, survey, assay and geology were imported into Datamine. A basic data validation in Datamine was undertaken revealing no errors. A “static” de-surveyed 3D drill hole file was then created. All holes other than RC, DD or RC/DD were filtered out. • The drillhole samples were then coded within individual lodes, for the 2022 MRE no sharing of samples between vein sets was allowed. Where the different oriented veins over-lapped, the sample was assigned to the steep lode. • Samples within the wireframes were composited to 1m, the dominant original sample interval, with a minimum of 0.2m. Core-loss intervals were left as null and ignored in the compositing process. • Composited assay values of each lode were imported into Snowden Supervisor for geostatistical analysis. • A review of histograms, probability plots and mean/variance plots for each domain revealed some outlier sample values. • Top capping of higher Au values within each domain was carried out with Au values above the cut-off grade reset to the cut-off grade. • An average top-cap of 8.5ppm Au was used and a maximum top-cap of 20ppm Au. • Variography was modelled on data transformed to normal scores, the variogram models were back transformed to original units before exporting. • Variography was performed on the individual lodes with larger sample numbers, in total 23 variograms were modelled. • These models were shared with the other lodes of similar orientation and proximity. • The back-transformed variogram models had moderate to high nugget effects (18% to 57% of total sill), with a range from 30m to greater than 300m for some of the flat stacked lodes. • No “unfolding” of the mineralised wireframes was required. • A non-rotated model was created in GDA 94 grid co-ordinates. Block sizes for the model were 5m in Y, 10m in X and 5m in Z direction. Sub celling of the parent blocks was permitted to 1.25m in the Y direction, 2.5m in the X direction and 1.25m in the Z direction. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block. • Block size is approximately ½ of the average drill hole spacing. • An Ordinary Kriging (OK) estimation technique was selected and used the variograms modelled in Supervisor. Each domain was estimated separately. • For the first estimation pass a minimum (8) and maximum (12 - 16) sample numbers were selected, using an elliptical search radius based on the range of the variograms. After the first pass 66% of blocks had estimated. A second and third estimation pass was run with a minimum (4) samples, with the search distance doubled between each estimation run. After the second pass 30% of blocks had estimated and a remaining 4% estimated in the third. |
Market Announcement | Page 61 of 96
| • The estimate was validated by a number of methods including an initial visual review comparing estimated blocks and raw drill holes. Tonnage weighted mean grades were compared for all lodes with the raw and top-capped drill hole values. • After the initial review of the estimate, four steep HG veins had blocks at depth “over-estimating” whereby few HG samples had greater influence in the sparser drilled area. A “grade restricted search” methodology was used on these four lodes, whereby samples 5ppm Au or greater were restricted to within a 10m ellipsoid search distance. Outside of this 10m search distance samples below 5ppm Au were used in the remaining un-estimated blocks. • Swath plots were generated in Snowden Supervisor to compare the average grade trend over distance for both the estimate and composited sample data and showed that the estimated grades honoured the trend of the drilling data. |
|
|---|---|
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The Resources for CNX have been reported above a 0.5g/t cut-off for open pit above 200mRL (~190m depth). This is based on an AUD $2,200 gold price. |
| Mining factors or assumptions |
• The CNX open pit mine schedule is included in the recently released (Oct 22) Coolgardie resumption of production - Life of Mine Plan. |
| Metallurgical factors or assumptions |
• Results from the gravity separation and direct cyanide leach test work carried out in 2021 showed very high total extraction ranging from 96.9% to 98.2%. Gravity gold recovery ranged from 62.5% to 80.6% with low cyanide consumption. |
| Environmental factors or assumptions |
• The CNX deposit occurs within an area of significant previous ground disturbance including: • the existing CNX pit, • Large scale alluvial/elluvial washing plants, • Shaft/ trenches. • The deposit is located just 1.25km north of the Three Mile Hill ROM pad. • The southern margin of the reported Minera Resource has been truncated ~ 80m north of Great Eastern Highway which is seen as a reasonable break between what is considered CNX to the northwest and Three Mile Hill Mineral Resource (Not being Reported Here) to the southeast. |
| Bulk density | • Density values were assigned based on weathering profile. CNX has a very shallow weathering profile and the bulk to the deposit occurs in Fresh Rock. The same density values used in the November 2021 MRE were applied. These figures are based on diamond core from the 2020 and 2021 drill campaigns using the water immersion technique. The averages from the extensive testing were applied based on updated weathering surfaces. • A value of 1.85 t/m3 was applied to oxide blocks, 2.70 t/m3 was applied to transitional material blocks and a value of 2.99 t/m3 applied to Fresh Rock. |
| Classification | • Resources have been classified as Measured, Indicated and Inferred based mainly on geological confidence in the geometry and continuity of the lodes, close spaced (10m x 10m to 20m x 10m) drilling across the bulk of the deposit and prospect for economic extraction. In addition, various estimation output parameters such as number of samples, search pass, kriging variance, and slope of regression have been used to assist in classification. • Wireframe solids were created to encapsulate blocks that fit each classification criteria. • Measured blocks were those that filled in the first search pass and were within the 10 – 20m x 10m drill spacing. • Indicated blocks were blocks not classified as measured that filled predominantly in the first search pass and were above a reasonable open pit depth. |
| • Blocks that filled in the second and third search pass and supported by recent FML drilling were classified as Inferred. • Sub-inferred blocks exist at depth where drill spacing is sparse but and are not included in the reported mineral resources. These blocks are a future exploration target. |
|
|---|---|
| Audits or reviews | • The CNX estimate has not been externally audited or reviewed. |
| Discussion of relative accuracy/ confidence |
• This is addressed in the relevant paragraph on Classification above. • The Mineral Resource relates to global tonnage and grade estimates. • While production figures for CNX trial pit are unavailable, the adjacent Three Mile Hill was successfully mined. |
JORC Code, 2012 Edition – Table 1 Alicia, Empress
Deposits and overlying ROM stockpiles
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
• This report relates to results from Reverse Circulation (RC) drilling and diamond core (DD) drilling. • The information of sampling techniques below applies to the drill holes drilled by Focus Minerals (FML) only. • RC percussion drill chips were collected through a cyclone and cone splitter. Samples were collected on a speared 4m composite and cone split 1m basis. Diamond core was sampled across identified zones of mineralisation by site geologists, the sample widths varied between a minimum of 0.3m and a maximum of 1m. • RC chips were passed through a cone splitter to achieve a sample weight of approximately 3kg. • 4m composite samples were taken by spear sampling the bulk 1m sample. Where results returned greater than 0.2g/t Au, the 1m samples were submitted. • At the assay laboratory all samples were oven dried, crushed to a nominal 10mm using a jaw crusher (core samples only) and weighed. Samples in excess of 3kg in weight were riffle split to achieve a maximum 3kg sample weight before being pulverized to 90% passing 75μm. • The diamond core was marked up for sampling by the supervising geologist during the core logging process, with sample intervals determined by the presence of mineralisation and/or alteration. The core was cut in half using an Almonte automatic core saw. • Goldfan collected 2kg samples as either 4m composites or as 1m samples through mineralised ground or interesting geology. Samples were run through a cyclone. Where the 4m composite samples returned greater than 0.2g/t Au, 1m samples were submitted. • MPI collect RC drill cuttings at 1m intervals through a trailer mounted cyclone and stand-alone riffle splitter to provide 4-6kg samples. Composite samples up to 5m were initially taken using spear sampling methods from the 1m bulk resides. Where results returned > 0.5Auppm the 1m split samples were submitted for analysis. Diamond NQ2 core was ½ core sampled over zones of alteration up to 1.5m. • One shallow hole (46m) drilled by Aberfoyle in 1981, 17 holes drilled by Electrum in early 1988, 9 shallow RC holes (av. 64m depth) and 6 av depth 110m RC/DD holes, have been included in the estimate without WAMEX references on drilling and sampling methodology. An early resource report by Goldfan for Alicia states they extensively checked the data fromprevious companies before amalgamating |
Market Announcement | Page 63 of 96
| the data into one database and considered it reliable for use in their resource estimates. |
|
|---|---|
| Drilling techniques | • All FML drilling was completed using an RC face sampling hammer or PQ3-HQ3 size diamond core. Where achievable, all drill core was oriented by the drilling contractor using an Ezy-mark system. Most holes were surveyed upon completion of drilling initially using an electronic multi-shot (EMS) camera. • Goldfan used RC face sampling hammer, holes were downhole surveyed by Eastman single shot camera and later by Eastman multiple shot camera. • MPI used an RC face sampling hammer or NQ2 size diamond core which was oriented by the drilling contractor. Holes were surveyed upon completion of drilling by using either an electronic multi-shot (EMS) camera or gyro-clinometer. |
| Drill sample recovery |
• FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry whenever possible to maximize recovery, with water injection on the outside return to minimise dust. • Goldfan states a consistent sample recovery in the range of 80-90% • MPI stated all samples were dry. |
| Logging | • The information of logging techniques below applies to the drill holes drilled by FML only. All core samples were oriented, marked into metre intervals and compared to the depth measurements on the core blocks. Any loss of core was noted and recorded in the drilling database. • All RC samples were geologically logged to record weathering, regolith, rock type, veining, alteration, mineralisation, structure and texture and any other notable features that are present. • All diamond core was logged for structure, and geologically logged using the same system as that for RC. • The logging information was transferred into the company’s drilling database once the log was complete. • Logging was qualitative, however the geologists often recorded quantitative mineral percentage ranges for the sulphide minerals present. • Diamond core was photographed one core tray at a time using a standardised photography jig. • The entire length of all holes is logged. • Historic RC holes have been logged at 1m intervals to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. |
| Sub-sampling techniques and sample preparation |
• The information of sub-sampling and sample preparation below applies to the drill holes drilled by FML only. • Core samples were taken from half core, cut using an Almonte automatic core saw. The remainder of the core was retained in core trays tagged with a hole number and metre mark. • RC samples were cone split to a nominal 3 - 5kg sample weight. The drilling method was designed to maximise sample recovery and delivery of a clean, representative sample into the calico bag. • Where possible all RC samples were drilled dry to maximise recovery. The use of a booster and auxiliary compressor provide dry sample for depths below the water table. Sample condition and recovery percentage was recorded (wet, dry, or damp) at the time of sampling and recorded in the database. • The samples were collected in a pre-numbered calico bag bearing a unique sample ID. Samples were crushed to 75μm at the laboratory and riffle split (if required) to a maximum 3kg sample weight. Gold analysis was initially by 40g aqua regia for the composite samples then 30g Fire Assay for individual samples with an ICP-OES or AAS Finish. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques andpractices that are appropriate for this style of mineralisation. |
| Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • Earlier FML QAQC checks involved inserting a standard or blank every 20 samples in RC or diamond drilling and taking a field duplicate every 20 samples in RC. Field duplicates were collected from the cone splitter on the rig. Diamond core field duplicates were not taken, a minimum of 3 standards were inserted for every sample batch submitted. • Sampling was carried out by the supervising geologist and senior field staff, to ensure all procedures were followed and best industry practice carried out. • The sample sizes are considered to be appropriate for the type, style and consistency of mineralisation encountered during this phase of exploration. • Goldfan originally submitted its samples to Australian Laboratories Group Kalgoorlie. The 2kg samples were oven dried, then crushed to a nominal 6mm and split once through a Jones riffle splitter. A 1kg sub-sample was fine pulverised in a Keegor Pulveriser to a nominal 100 microns. This sample was homogenised and 400-500g split as the assay pulp for analysis. Assaying was by a classical fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Diamond core and later RC drilled by Goldfan was submitted to Minlab Kalgoorlie where the whole of the sample is pulverised in a ring mill before 300g sample is split as the assay pulp. Assaying was by fire assay on a 50g charge to a lower detection limit of 0.01 ppm gold. • Goldfan conducted inter-laboratory check sampling over approx. 10% of holes over the whole program with results found to be within acceptable limits. • Laboratory repeat checks were also run on the assay data. • MPI submitted samples to Analabs in Perth for analysis by 50g Fire Assay for 0.01ppm detection limit. |
|
|---|---|
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • The QA/QC process described above was sufficient to establish acceptable levels of accuracy and precision. All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. |
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. Consultants were not used for this process. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • In late 2020 FML twinned select historic holes with higher grade intersections. The results of these holes confirmed the width and grade tenor of the historic drilling used in the estimate. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. |
| Location of data points |
• FML drill collars were surveyed after completion, using a DGPS instrument. All drill core was oriented by the drilling contractor using an Ezy-mark system. Most holes were surveyed upon completion of drilling. An electronic multi-shot camera was used, holes were surveyed open hole. • All coordinates and bearings use the MGA94 Zone 51 grid system. • FML utilises Landgate sourced regional topographic maps and contours as well as internally produced survey pick-ups produced by the mining survey teams utilising DGPS base station instruments. |
Market Announcement | Page 65 of 96
| • Goldfan holes were laid out and picked up by the Three Mile Hill Survey Department. Down hole surveying was conducted by Down Hole Surveys using Eastman multiple shot cameras. |
|
|---|---|
| Data spacing and distribution |
• Drill spacing along the Alicia/Empress trend is 20m x 10m with the average depth of RC holes 70m below surface. The average depth of the diamond drilling including RC pre-collared diamond tails is 167.5m. |
| Orientation of data in relation to geological structure |
• Drilling was designed based on known geological models, field mapping, verified historical data and cross-sectional interpretation. • Drill holes were oriented at right angles to strike of deposit, with dip optimised for drill capabilities and the dip of the ore body, which was to the East. • The southern extent of Alicia was historically interpreted as a fold-nose and the orientation of drilling was adjusted and drilled from both North and South orientations. |
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • All samples were bagged in a tied numbered calico bag, grouped into green plastic bags. The bags were placed into cages with a sample submission sheet and delivered directly from site to the Kalgoorlie laboratories by FML personnel. • Historic sample security is not recorded. |
| Audits or reviews | • A review of sampling techniques was carried out by rOREdata Pty Ltd in late 2013 as part of a database amalgamation project. Their only recommendation was to change the QA/QC intervals to bring them into line with the FML Laverton system, which uses the same frequency of standards and duplicates but has them inserted at different points within the numbering sequence. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary |
|---|---|
| Mineral tenement and land tenure status |
• All exploration was conducted on tenements 100% owned by Focus Minerals Limited or its subsidiary companies Focus Operations Pty Ltd. All tenements are in good standing. • Alicia and Empress are situated on tenement M15/646, part of the Tindals Mines Complex. • The Malinyu Ghoorlie 2017 and Maduwongga 2017 Claims cover the majority of the Coolgardie tenure. At this stage no Coolgardie claims have progressed to determined status. |
| Exploration done by other parties |
• Alicia and Empress lie within close proximity to other historically open pit mined deposits. Empress deposit was historically mined between 1897-1936. Some shafts and underground mining took place at Alicia but has not been well documented. Empress was mined open pit by FML from May 2011 to September 2012 with production figures of 192,241t @ 2.11g/t Au for 13,052 ounces. To the North of Alicia is the Tindals North open pit, mined in the 1980’s to 1990’s. • The region has been explored in more modern times by various company drill programs since the late 1970’s by Greenex, then Aberfoyle, Electrum, Goldfan, MPI and finally Focus. |
| Geology | • The deposit lies on the western margin of the Archaean Norseman – Menzies Greenstone Belt. Local geology is characterised by a quartz bearing diorite between a mafic basalt hanging wall and komatiite footwall that displays a distinctive spinifex texture. The majority of gold mineralisation is hosted by the diorite intrusions and associated quartz veining. |
| Drill hole Information |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
||
|---|---|---|---|---|---|---|
| Company | Drill Hole Number | WAMEX Report A-Number |
WAMEX Report Date |
|||
| Goldfan | TNG0451R, TNG0452R, TNG0453R, TNG0454R, TNG0455R, TNG0456R, TNG0459R, TNG0460R, TNG0461R, TNG0463R, TNG0464R, TNG0465R, TNG0466R, TNG0467R, TNG0468R, TNG0469R, TNG0470R,TNG0471R |
44166 | Mar-95 | |||
| TNG1130R, TNG1131R, TNG1132R, TNG1133R, TNG1134R, TNG1135R, TNG1136R, TNG1137R, TNG0991R, TNG0992R, TNG0993R, TNG0994R, TNG0995R, TNG0996R, TNG0997R, TNG0998R, TNG0999R, TNG1000R, TNG1001R, TNG1002R, TNG1003R, TNG1004R, TNG1005R, TNG1006R, TNG1010R, TNG1012R, TNG1013R, TNG1014R, TNG1034R, TNG1035R, TNG1036R, TNG1037R, TNG1038R, TNG1149R, TNG1150R, TNG1151R, TNG1152R, TNG1153R, TNG1154R, TNG1155R, TNG1156R, TNG1157R, TNG1158R, TNG1159R, TNG1160R, TNG1161R, TNG1162R, TNG1163R, TNG1164R |
47168 | 31-Mar-96 | ||||
| TNG1647-R | 60899 | 1-Aug-00 | ||||
| MPI | TNG1702-R, TNG1704-RD | 63533 | Sep-01 | |||
| TNG1722-R, TNG1723-R, TNG1724-RD, TNG1725-RD,TNG1726-RD |
66091 | Feb-03 | ||||
| Focus | TNDC0108,TNDC0109,TNDC0110,TNDC0111 | 85889 | 23-Feb-10 | |||
| TNDC0076, TNDC0077, TNDC0079, TNDC0080, TNDC0081, TNDC0082, TNDC0083, TNDC0084, TNDC0085, TNDC0087, TNDC0088, TNDC0090, TNDC0091, TNDC0092, TNDC0094, TNDC0096, TNDC0097, TNDC0098, TNDC0099, TNDC0100, TNDC0104, TNDC0104A, TNDC0105, TNDC0107, TNDC0163, TNDC0164, TNDC0165, TNDC0166, TNDC0167, TNDC0168, TNDC0169, TNDC0170, TNDC0171, TNDC0172, TNDC0172A, TNDC0173, TNDC0174, TNDC0175, TNDC0176, TNDC0177, TNDC0178, TNDC0179, TNDC0180, TNDC0181, TNDCD0086, TNDD0003, TNDD0004, TNDD0005 |
89322 | 23-Feb-11 | ||||
| EMC293, EMC295, EMC297, EMC299, EMC301, EMC322, EMC323, EMC324, EMC325, EMC327, EMC328, EMC329, EMC330, EMC331, EMC332, EMC333, EMC334, EMC335, EMC336, EMC337, EMC338, EMC339, EMC340, EMC341, EMC342, EMC372, EMC375, EMC377, EMC380, EMC382, EMC383, EMC384, EMC386, EMC387, EMC388, EMC389, EMC390, EMC391, EMC393, EMC394, EMC395, EMC398, EMC400, EMC401, EMC402, EMC403, EMC404, EMC405, EMC406, EMC407, EMC408, EMC409, EMC410, EMC411, EMC412, EMC413, EMC414, EMC415, EMC416, EMC417, EMC418, EMC419, EMC420, EMC421, EMC422, EMC423, EMC424, EMC425, EMC426, EMC427, EMC428, EMC429, EMC431, EMC432, EMC433, EMC434,EMC435,EMC436,EMC437 |
92766 | 9-Feb-12 |
Market Announcement | Page 67 of 96
| EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
EMC438, EMC439, EMC441, EMC442, EMC444, EMC445, EMC448, EMC451, EMC452, EMC455, EMC459, EMC463, EMC467, EMC468, EMC469, EMC470, EMC471, EMC472, EMC473, EMC474, EMC475, EMC476, EMC477, EMC478, EMC479, EMC480, EMC481, EMC482, EMC483, EMC484, EMC485, EMC486, EMC487, EMC488, EMC489, EMC490 |
96924 | 96924 | 96924 | 27-Feb-13 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TND16063,TND16064 | 112010 | 19-Feb-17 | ||||||||||||
| • Previously reported drilling information NOT available on WAMEX reports: |
||||||||||||||
| Drill Hole Number | ASX Release Title | Date | ||||||||||||
| AE010-2, AE020-3, AE020-4, AE020-5, AE060-5, AE100-2, AE100-3, AE120-4, AE120-6, AE140-2, AE160-2, AE983-1, AE990-2, AE990-3, AE990-4, TD220-1, TD340-1, EMC139, EMC140, EMC143, EMC144, EMC146, EMC147, EMC152, EMC153, EMC154, EMC303, EMC305, EMC307, EMC309, EMC311, EMC316, EMC317, EMC319, EMC320, EMC321,PDH117 |
Resource Update for Coolgardie's Alicia Gold Deposit |
20-Jul-21 | ||||||||||||
| 20ALRC001, 20ALRC002, 20ALRC003, 20ALRC004, 20ALRC005, 20ALRC006, 20ALRC007, 20ALRC008, 20ALRC009, 20ALRC010, 20ALRC011, 20ALRC012, 20ALRC013, 20ALRC014, 20ALRC015, 20ALRC016, 20ALRC017, 20ALRC018, 20ALRC019, 20ALRC020, 20ALRC021, 20ALRC022, 20ALRC023, 20ALRC024, 20ALRC025, 20ALRC026, 20ALRC027, 20ALRC028, 20ALRC029, 20ALRC030, 20ALRC031, 20ALRC032, 20ALRC033, 20ALRC034, 20ALRC035, 20ALRC036, 20ALRC037, 20ALRC038, 20ALRC039, 20ALRC040, 20ALRC041,20ALRC042 |
Exploration Update - Coolgardie Gold Project |
26-Apr-21 | ||||||||||||
| • Focus drilling information NOT previously reported. |
||||||||||||||
| DRILL TYPE |
HOLE ID | EAST | NORTH | RL | DEPTH (m) |
AZIMUTH | DIP | |||||||
| DD | COD084 | 325640.51 | 6570536 | 324.79 | 350.5 | 210.12 | -1.5 | |||||||
| RC | EMC149 | 325476.98 | 6570129.7 | 421.69 | 40 | 90.05 | -61 | |||||||
| RC | EMC151 | 325483.93 | 6570110.1 | 422.55 | 40 | 90.05 | -60 | |||||||
| RC | EMC156 | 325279.26 | 6570249.8 | 422.89 | 48 | 90.05 | -60 | |||||||
| RC | EMC157 | 325299.72 | 6570249.3 | 421.85 | 48 | 90.05 | -60 | |||||||
| RC | EMC158 | 325296.14 | 6570239.9 | 421.95 | 48 | 90.05 | -60 | |||||||
| RC | EMC159 | 325305.29 | 6570240.2 | 421.76 | 48 | 93.04 | -59 | |||||||
| RC | EMC161 | 325312.06 | 6570230.1 | 421.66 | 44 | 98.05 | -63 | |||||||
| RC | EMC162 | 325328.85 | 6570231.1 | 421.71 | 34 | 94.04 | -57 | |||||||
| RC | EMC164 | 325300.39 | 6570219.5 | 421.53 | 48 | 90.05 | -58 | |||||||
| RC | EMC165 | 325307.65 | 6570220.4 | 421.48 | 48 | 84.05 | -58 | |||||||
| RC | EMC166 | 325319.72 | 6570219.6 | 421.56 | 48 | 90.05 | -58 | |||||||
| RC | EMC167 | 325330.24 | 6570220.1 | 421.86 | 48 | 85.05 | -58 | |||||||
| RC | EMC168 | 325338.05 | 6570219.7 | 422.3 | 48 | 96.05 | -60 | |||||||
| RC | EMC169 | 325299.62 | 6570194.9 | 421.42 | 48 | 94.05 | -60 | |||||||
| RC | EMC170 | 325309.58 | 6570194.8 | 421.53 | 48 | 90.05 | -60 | |||||||
| RC | EMC171 | 325319.41 | 6570195 | 421.78 | 48 | 90.05 | -64 | |||||||
| RC | EMC176 | 325327.11 | 6570173.3 | 422.95 | 48 | 91.04 | -62 | |||||||
| RC | EMC177 | 325281.02 | 6570159.8 | 420.63 | 48 | 90.05 | -60 | |||||||
| RC | EMC178 | 325300.67 | 6570159.5 | 421.46 | 48 | 90.05 | -60 | |||||||
| RC | EMC179 | 325319.92 | 6570159.6 | 422.56 | 48 | 96.05 | -63 |
| RC | EMC180 | 325265.88 | 6570139.7 | 420.65 | 48 | 93.04 | -62 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| RC | EMC181 | 325274.97 | 6570140 | 420.63 | 48 | 90.05 | -60 | |||
| RC | EMC182 | 325285.13 | 6570139.8 | 420.8 | 48 | 90.05 | -60 | |||
| RC | EMC183 | 325295.12 | 6570140.2 | 420.98 | 48 | 90.05 | -60 | |||
| RC | EMC184 | 325305.5 | 6570139.6 | 421.34 | 42 | 90.05 | -60 | |||
| RC | EMC185 | 325270.2 | 6570115 | 420.38 | 48 | 90.05 | -61 | |||
| RC | EMC186 | 325279.92 | 6570114.8 | 420.24 | 48 | 90.04 | -61 | |||
| RC | EMC187 | 325290.12 | 6570115.2 | 420.69 | 48 | 88.04 | -60 | |||
| RC | EMC188 | 325265.31 | 6570099.9 | 420.52 | 48 | 90.05 | -60 | |||
| RC | EMC189 | 325274.77 | 6570099.5 | 420.24 | 48 | 92.05 | -61 | |||
| RC | EMC190 | 325285.22 | 6570100 | 420.2 | 48 | 90.05 | -59 | |||
| RC | EMC191 | 325294.82 | 6570100 | 420.52 | 36 | 93.04 | -59 | |||
| RC | EMC192 | 325259.91 | 6570080.3 | 420.29 | 48 | 90.04 | -58 | |||
| RC | EMC193 | 325270.29 | 6570079.9 | 420.19 | 48 | 89.04 | -62 | |||
| RC | EMC194 | 325280.18 | 6570079.7 | 419.87 | 48 | 91.04 | -60 | |||
| RC | EMC195 | 325289.5 | 6570079.8 | 419.57 | 48 | 98.04 | -60 | |||
| RC | EMC196 | 325254.92 | 6570059.8 | 420.41 | 48 | 90.04 | -59 | |||
| RC | EMC197 | 325264.84 | 6570060.1 | 420.16 | 48 | 90.04 | -58 | |||
| RC | EMC198 | 325274.86 | 6570059.5 | 420 | 48 | 90.04 | -60 | |||
| RC | EMC199 | 325284.91 | 6570060.5 | 419.73 | 48 | 92.04 | -61 | |||
| RC | EMC200 | 325294.78 | 6570060.2 | 419.69 | 48 | 90.04 | -60 | |||
| RC | EMC201 | 325304.67 | 6570060.2 | 420.88 | 48 | 90.04 | -57 | |||
| RC | EMC202 | 325255.12 | 6570039.9 | 419.89 | 48 | 95.04 | -61 | |||
| RC | EMC203 | 325264.99 | 6570039.7 | 419.98 | 48 | 92.04 | -62 | |||
| RC | EMC204 | 325275.51 | 6570039.9 | 419.73 | 48 | 93.04 | -61 | |||
| RC | EMC205 | 325284.63 | 6570039.9 | 419.68 | 48 | 91.04 | -62 | |||
| RC | EMC206 | 325294.55 | 6570040.3 | 419.64 | 48 | 90.04 | -60 | |||
| RC | EMC207 | 325311.71 | 6570040.5 | 419.94 | 48 | 90.04 | -60 | |||
| RC | EMC208 | 325247.74 | 6570020.4 | 419.89 | 48 | 94.04 | -62 | |||
| RC | EMC209 | 325255 | 6570020.1 | 419.9 | 48 | 94.04 | -57 | |||
| RC | EMC210 | 325265.37 | 6570020.2 | 419.95 | 48 | 94.04 | -62 | |||
| RC | EMC211 | 325274.73 | 6570020 | 419.75 | 48 | 89.04 | -58 | |||
| RC | EMC212 | 325285.41 | 6570019.8 | 419.58 | 48 | 92.04 | -60 | |||
| RC | EMC213 | 325294.43 | 6570020 | 419.35 | 48 | 90.04 | -60 | |||
| RC | EMC214 | 325351.57 | 6570168.4 | 424.25 | 36 | 277.04 | -45 | |||
| RC | EMC215 | 325356.01 | 6570167.8 | 424.75 | 42 | 275.04 | -52 | |||
| RC | EMC218 | 325359.63 | 6570147.5 | 424.5 | 38 | 266.04 | -46 | |||
| RC | EMC219 | 325343.09 | 6570148.2 | 423.96 | 38 | 281.04 | -49 | |||
| RC | EMC220 | 325318.15 | 6570115.9 | 424.36 | 37 | 275.04 | -51 | |||
| RC | EMC221 | 325312.47 | 6570115.8 | 423.33 | 30 | 270.04 | -45 | |||
| RC | EMC222 | 325318.13 | 6570108.2 | 424.58 | 37 | 267.04 | -52 | |||
| RC | EMC223 | 325314.13 | 6570108.3 | 424.48 | 30 | 278.04 | -48 | |||
| RC | EMC224 | 325330.06 | 6570088 | 424.4 | 48 | 272.04 | -60 | |||
| RC | EMC225 | 325319.82 | 6570088.1 | 424.63 | 48 | 281.04 | -61 | |||
| RC | EMC227 | 325323.57 | 6570067.5 | 422.21 | 43 | 270.04 | -52 | |||
| RC | EMC228 | 325317.33 | 6570068.3 | 422.5 | 36 | 288.04 | -45 |
Market Announcement | Page 69 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5g/t cut off and up to 3m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 20ALDD001 | 325469 | 6570138 | 424 | -49 | 89 | 82.8 | 20ALDD001 - [email protected]/t from 29m for(GxM 15) | |
| 20ALDD001 - [email protected]/t from 48m for(GxM 3) | ||||||||
| 20ALDD002 | 325420 | 6570139 | 426 | -50 | 91 | 117.2 | 20ALDD002 - [email protected]/t from 56.8m for(GxM 0) | |
| 20ALDD002 - [email protected]/t from 63m for(GxM 1) | ||||||||
| 20ALDD002 - [email protected]/t from 77m for(GxM 14) | ||||||||
| 20ALDD002 - [email protected]/t from 100.8m for(GxM 1) | ||||||||
| 20ALDD002 - [email protected]/t from 105m for(GxM 1) | ||||||||
| 20ALDD003 | 325495 | 6570272 | 427 | -50 | 270 | 91.6 | 20ALDD003 - [email protected]/t from 27m for(GxM 1) | |
| 20ALRC001 | 325378 | 6570028 | 419 | -47 | 25 | 102 | 20ALRC001 - [email protected]/t from 7m for(GxM 2) | |
| 20ALRC001 - [email protected]/t from 15m for(GxM 2) | ||||||||
| 20ALRC001 - [email protected]/t from 30m for(GxM 1) | ||||||||
| 20ALRC001 - [email protected]/t from 35m for(GxM 7) | ||||||||
| 20ALRC001 - [email protected]/t from 51m for(GxM 4) | ||||||||
| 20ALRC001 - [email protected]/t from 61m for(GxM 1) | ||||||||
| 20ALRC001 - [email protected]/t from 80m for(GxM 1) | ||||||||
| 20ALRC001 - [email protected]/t from 84m for(GxM 1) | ||||||||
| 20ALRC001 - [email protected]/t from 91m for(GxM 1) | ||||||||
| 20ALRC002 | 325453 | 6570239 | 426 | -60 | 85 | 90 | 20ALRC002 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC002 - [email protected]/t from 36m for(GxM 1) | ||||||||
| 20ALRC002 - [email protected]/t from 44m for(GxM 13) | ||||||||
| 20ALRC002 - [email protected]/t from 55m for(GxM 63) | ||||||||
| 20ALRC003 | 325415 | 6570031 | 420 | -45 | 5 | 108 | 20ALRC003 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC003 - [email protected]/t from 31m for(GxM 21) | ||||||||
| 20ALRC003 - [email protected]/t from 48m for(GxM 19) | ||||||||
| 20ALRC003 - [email protected]/t from 65m for(GxM 2) | ||||||||
| 20ALRC003 - [email protected]/t from 87m for(GxM 1) | ||||||||
| 20ALRC003 - [email protected]/t from 90m for(GxM 1) | ||||||||
| 20ALRC003 - [email protected]/t from 103m for(GxM 2) | ||||||||
| 20ALRC004 | 325489 | 6570134 | 425 | -64 | 104 | 60 | 20ALRC004 - [email protected]/t from 1m for(GxM 3) | |
| 20ALRC004 - [email protected]/t from 18m for(GxM 4) | ||||||||
| 20ALRC004 - [email protected]/t from 32m for(GxM 1) | ||||||||
| 20ALRC005 | 325479 | 6570352 | 426 | -46 | 90 | 54 | 20ALRC005 - [email protected]/t from 0m for(GxM 2) | |
| 20ALRC005 - [email protected]/t from 20m for(GxM 1) | ||||||||
| 20ALRC005 - [email protected]/t from 29m for(GxM 7) | ||||||||
| 20ALRC006 | 325472 | 6570317 | 426 | -46 | 88 | 54 | 20ALRC006 - [email protected]/t from 20m for(GxM 5) |
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5 g/t cut off and up to 3m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 20ALRC006 | 325472 | 6570317 | 426 | -46 | 88 | 54 | 20ALRC006 - [email protected]/t from 20m for(GxM 5) | |
| 20ALRC007 | 325496 | 6570372 | 424 | -49 | 86 | 54 | 20ALRC007 - [email protected]/t from 28m for(GxM 1) | |
| 20ALRC007 - [email protected]/t from 46m for(GxM 1) | ||||||||
| 20ALRC008 | 325440 | 6570123 | 421 | -50 | 98 | 96 | 20ALRC008 - [email protected]/t from 31m for(GxM 4) | |
| 20ALRC008 - [email protected]/t from 41m for(GxM 22) | ||||||||
| 20ALRC008 - [email protected]/t from 75m for(GxM 9) | ||||||||
| 20ALRC009 | 325408 | 6570069 | 420 | -61 | 3 | 54 | 20ALRC009 - [email protected]/t from 0m for(GxM 13) | |
| 20ALRC009 - [email protected]/t from 26m for(GxM 1) | ||||||||
| 20ALRC009 - [email protected]/t from 35m for(GxM 1) | ||||||||
| 20ALRC010 | 325399 | 6570055 | 420 | -65 | 14 | 108 | 20ALRC010 - [email protected]/t from 22m for(GxM 1) | |
| 20ALRC010 - [email protected]/t from 44m for(GxM 3) | ||||||||
| 20ALRC010 - [email protected]/t from 64m for(GxM 1) | ||||||||
| 20ALRC010 - [email protected]/t from 104m for(GxM 3) | ||||||||
| 20ALRC011 | 325450 | 6570160 | 423 | -56 | 90 | 102 | 20ALRC011 - [email protected]/t from 25m for(GxM 1) | |
| 20ALRC011 - [email protected]/t from 42m for(GxM 12) | ||||||||
| 20ALRC011 - [email protected]/t from 69m for(GxM 2) | ||||||||
| 20ALRC011 - [email protected]/t from 98m for(GxM 2) | ||||||||
| 20ALRC012 | 325440 | 6570159 | 424 | -60 | 92 | 114 | 20ALRC012 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC012 - [email protected]/t from 55m for(GxM 14) | ||||||||
| 20ALRC012 - [email protected]/t from 85m for(GxM 1) | ||||||||
| 20ALRC012 - [email protected]/t from 91m for(GxM 1) | ||||||||
| 20ALRC013 | 325459 | 6570219 | 426 | -61 | 90 | 78 | 20ALRC013 - [email protected]/t from 20m for(GxM 1) | |
| 20ALRC013 - [email protected]/t from 44m for(GxM 30) | ||||||||
| 20ALRC014 | 325445 | 6570218 | 426 | -61 | 88 | 96 | 20ALRC014 - [email protected]/t from 42m for(GxM 1) | |
| 20ALRC014 - [email protected]/t from 52m for(GxM 1) | ||||||||
| 20ALRC014 - [email protected]/t from 54m for(GxM 1) | ||||||||
| 20ALRC014 - [email protected]/t from 57m for(GxM 2) | ||||||||
| 20ALRC014 - [email protected]/t from 63m for(GxM 13) | ||||||||
| 20ALRC014 - [email protected]/t from 90m for(GxM 1) | ||||||||
| 20ALRC015 | 325430 | 6570255 | 426 | -55 | 83 | 96 | 20ALRC015 - [email protected]/t from 66m for(GxM 44) | |
| 20ALRC016 | 325447 | 6570268 | 426 | -56 | 105 | 96 | 20ALRC016 - [email protected]/t from 37m for(GxM 2) | |
| 20ALRC016 - [email protected]/t from 45m for(GxM 28) | ||||||||
| 20ALRC017 | 325444 | 6570269 | 426 | -61 | 91 | 90 | 20ALRC017 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC017 - [email protected]/t from 47m for(GxM 1) | ||||||||
| 20ALRC017 - [email protected]/t from 57m for(GxM 32) | ||||||||
| 20ALRC018 | 325456 | 6570166 | 423 | -50 | 90 | 78 | 20ALRC018 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC018 - [email protected]/t from 35m for(GxM 6) | ||||||||
| 20ALRC018 - [email protected]/t from 60m for(GxM 1) | ||||||||
| 20ALRC018 - [email protected]/t from 65m for(GxM 2) | ||||||||
| 20ALRC019 | 325457 | 6570196 | 427 | -60 | 99 | 96 | 20ALRC019 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC019 - [email protected]/t from 38m for(GxM 1) | ||||||||
| 20ALRC019 - 18.00m@1g/t from 43m for(GxM 18) | ||||||||
| 20ALRC019 - [email protected]/t from 73m for(GxM 1) | ||||||||
| 20ALRC020 | 325452 | 6570199 | 427 | -60 | 90 | 78 | 20ALRC020 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC020 - [email protected]/t from 39m for(GxM 2) | ||||||||
| 20ALRC020 - [email protected]/t from 52m for(GxM 20) | ||||||||
| 20ALRC021 | 325458 | 6570063 | 420 | -61 | 358 | 54 | 20ALRC021 - [email protected]/t from 1m for(GxM 1) | |
| 20ALRC021 - [email protected]/t from 14m for(GxM 2) | ||||||||
| 20ALRC021 - [email protected]/t from 53m for(GxM 1) | ||||||||
| 20ALRC022 | 325471 | 6570080 | 420 | -61 | 91 | 54 | 20ALRC022 - [email protected]/t from 14m for(GxM 15) | |
| 20ALRC023 | 325462 | 6570092 | 420 | -65 | 91 | 72 | 20ALRC023 - [email protected]/t from 0m for(GxM 2) | |
| 20ALRC023 - [email protected]/t from 16m for(GxM 6) | ||||||||
| 20ALRC023 - [email protected]/t from 50m for(GxM 10) | ||||||||
| 20ALRC024 | 325481 | 6570260 | 425 | -61 | 90 | 84 | 20ALRC024 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC024 - [email protected]/t from 70m for(GxM 4) | ||||||||
| 20ALRC025 | 325466 | 6570261 | 426 | -62 | 88 | 72 | 20ALRC025 - [email protected]/t from 8m for(GxM 1) | |
| 20ALRC025 - [email protected]/t from 21m for(GxM 44) | ||||||||
| 20ALRC025 - [email protected]/t from 60m for(GxM 1) | ||||||||
| 20ALRC026 | 325456 | 6570272 | 427 | -61 | 89 | 78 | 20ALRC026 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC026 - [email protected]/t from 33m for(GxM 2) | ||||||||
| 20ALRC026 - [email protected]/t from 39m for(GxM 40) | ||||||||
| 20ALRC026 - [email protected]/t from 54m for(GxM 1) | ||||||||
| 20ALRC026 - [email protected]/t from 61m for(GxM 1) | ||||||||
| 20ALRC027 | 325444 | 6570278 | 426 | -59 | 89 | 90 | 20ALRC027 - [email protected]/t from 52m for(GxM 24) | |
| 20ALRC027 - [email protected]/t from 78m for(GxM 5) | ||||||||
| 20ALRC028 | 325454 | 6570290 | 426 | -61 | 87 | 84 | 20ALRC028 - [email protected]/t from 48m for(GxM 6) | |
| 20ALRC029 | 325458 | 6570300 | 426 | -61 | 87 | 66 | 20ALRC029 - [email protected]/t from 42m for(GxM 2) | |
| 20ALRC029 - [email protected]/t from 49m for(GxM 1) | ||||||||
| 20ALRC030 | 325467 | 6570330 | 426 | -46 | 87 | 42 | 20ALRC030 - [email protected]/t from 31m for(GxM 2) |
Market Announcement | Page 71 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5 g/t cut off and up to 3m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 20ALRC031 | 325426 | 6570070 | 420 | -62 | 4 | 96 | 20ALRC031 - [email protected]/t from 0m for(GxM 4) | |
| 20ALRC031 - [email protected]/t from 22m for(GxM 14) | ||||||||
| 20ALRC031 - [email protected]/t from 38m for(GxM 3) | ||||||||
| 20ALRC031 - [email protected]/t from 54m for(GxM 1) | ||||||||
| 20ALRC031 - [email protected]/t from 68m for(GxM 1) | ||||||||
| 20ALRC031 - [email protected]/t from 82m for(GxM 1) | ||||||||
| 20ALRC032 | 325420 | 6570048 | 419 | -63 | 2 | 120 | 20ALRC032 - [email protected]/t from 23m for(GxM 1) | |
| 20ALRC032 - [email protected]/t from 33m for(GxM 44) | ||||||||
| 20ALRC032 - [email protected]/t from 55m for(GxM 10) | ||||||||
| 20ALRC032 - [email protected]/t from 70m for(GxM 3) | ||||||||
| 20ALRC032 - [email protected]/t from 76m for(GxM 83) | ||||||||
| 20ALRC032 - [email protected]/t from 104m for(GxM 3) | ||||||||
| 20ALRC032 - [email protected]/t from 114m for(GxM 1) | ||||||||
| 20ALRC033 | 325411 | 6570070 | 420 | -51 | 268 | 42 | 20ALRC033 - [email protected]/t from 0m for(GxM 4) | |
| 20ALRC033 - [email protected]/t from 12m for(GxM 29) | ||||||||
| 20ALRC033 - [email protected]/t from 34m for(GxM 2) | ||||||||
| 20ALRC033 - [email protected]/t from 39m for(GxM 1) | ||||||||
| 20ALRC034 | 325468 | 6570100 | 422 | -61 | 90 | 72 | 20ALRC034 - [email protected]/t from 24m for(GxM 1) | |
| 20ALRC034 - [email protected]/t from 31m for(GxM 32) | ||||||||
| 20ALRC035 | 325486 | 6570112 | 422 | -61 | 89 | 66 | 20ALRC035 - [email protected]/t from 7m for(GxM 32) | |
| 20ALRC036 | 325474 | 6570131 | 423 | -58 | 91 | 66 | 20ALRC036 - [email protected]/t from 20m for(GxM 56) | |
| 20ALRC036 - [email protected]/t from 54m for(GxM 1) | ||||||||
| 20ALRC037 | 325448 | 6570138 | 422 | -61 | 90 | 90 | 20ALRC037 - [email protected]/t from 45m for(GxM 2) | |
| 20ALRC037 - [email protected]/t from 59m for(GxM 2) | ||||||||
| 20ALRC037 - [email protected]/t from 67m for(GxM 1) | ||||||||
| 20ALRC037 - [email protected]/t from 84m for(GxM 2) | ||||||||
| 20ALRC038 | 325488 | 6570115 | 423 | -52 | 90 | 60 | 20ALRC038 - [email protected]/t from 5m for(GxM 29) | |
| 20ALRC039 | 325479 | 6570152 | 424 | -55 | 89 | 60 | 20ALRC039 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC039 - [email protected]/t from 5m for(GxM 2) | ||||||||
| 20ALRC039 - [email protected]/t from 13m for(GxM 57) | ||||||||
| 20ALRC040 | 325474 | 6570171 | 423 | -49 | 90 | 54 | 20ALRC040 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC040 - [email protected]/t from 11m for(GxM 21) | ||||||||
| 20ALRC040 - [email protected]/t from 39m for(GxM 7) | ||||||||
| 20ALRC041 | 325475 | 6570218 | 425 | -62 | 89 | 78 | 20ALRC041 - [email protected]/t from 6m for(GxM 18) | |
| 20ALRC041 - [email protected]/t from 17m for(GxM 1) | ||||||||
| 20ALRC041 - [email protected]/t from 25m for(GxM 2) | ||||||||
| 20ALRC041 - [email protected]/t from 58m for(GxM 1) | ||||||||
| 20ALRC042 | 325469 | 6570230 | 425 | -74 | 85 | 96 | 20ALRC042 - [email protected]/t from 0m for(GxM 1) | |
| 20ALRC042 - [email protected]/t from 11m for(GxM 1) | ||||||||
| 20ALRC042 - [email protected]/t from 23m for(GxM 4) | ||||||||
| 20ALRC042 - [email protected]/t from 34m for(GxM 3) | ||||||||
| 20ALRC042 - [email protected]/t from 41m for(GxM 80) | ||||||||
| 20ALRC042 - [email protected]/t from 79m for(GxM 4) | ||||||||
| 20ALRC042 - [email protected]/t from 88m for(GxM 2) | ||||||||
| 21ALDD001 | 325384 | 6570060 | 421 | -55 | 64 | 126.3 | 21ALDD001 - [email protected]/t from 30m for(GxM 1) | |
| 21ALDD001 - [email protected]/t from 42m for(GxM 8) | ||||||||
| 21ALDD001 - [email protected]/t from 60m for(GxM 1) | ||||||||
| 21ALDD001 - [email protected]/t from 67m for(GxM 1) | ||||||||
| 21ALDD001 - [email protected]/t from 81m for(GxM 8) | ||||||||
| 21ALDD001 - [email protected]/t from 92m for(GxM 2) | ||||||||
| 21ALDD001 - [email protected]/t from 102m for(GxM 15) | ||||||||
| 21ALDD001 - [email protected]/t from 117m for(GxM 15) | ||||||||
| 21ALRC001 | 325443 | 6570421 | 427 | -90 | 360 | 84 | 21ALRC001 - [email protected]/t from 1m for(GxM 3) | |
| 22ALRC001 | 325381 | 6570067 | 420 | -46 | 171 | 36 | 22ALRC001 - [email protected]/t from 0m for(GxM 1) | |
| 22ALRC001 - [email protected]/t from 25m for(GxM 1) | ||||||||
| 22ALRC002 | 325381 | 6570079 | 420 | -50 | 170 | 56 | 22ALRC002 - [email protected]/t from 0m for(GxM 1) | |
| 22ALRC002 - [email protected]/t from 38m for(GxM 1) | ||||||||
| 22ALRC003 | 325383 | 6570091 | 421 | -56 | 184 | 72 | 22ALRC003 - [email protected]/t from 10m for(GxM 1) | |
| 22ALRC003 - [email protected]/t from 21m for(GxM 1) | ||||||||
| 22ALRC003 - [email protected]/t from 31m for(GxM 22) | ||||||||
| 22ALRC003 - [email protected]/t from 65m for(GxM 2) | ||||||||
| 22ALRC004 | 325399 | 6570092 | 420 | -49 | 171 | 66 | 22ALRC004 - [email protected]/t from 28m for(GxM 72) | |
| 22ALRC004 - [email protected]/t from 42m for(GxM 9) | ||||||||
| 22ALRC005 | 325395 | 6570105 | 421 | -52 | 169 | 86 | 22ALRC005 - [email protected]/t from 34m for(GxM 12) | |
| 22ALRC005 - [email protected]/t from 47m for(GxM 2) | ||||||||
| 22ALRC005 - [email protected]/t from 55m for(GxM 2) | ||||||||
| 22ALRC005 - [email protected]/t from 71m for(GxM 12) | ||||||||
| 22ALRC005 - [email protected]/t from 79m for(GxM 9) | ||||||||
| 22ALRC006 | 325440 | 6570078 | 420 | -46 | 170 | 56 | 22ALRC006 - [email protected]/t from 0m for(GxM 2) | |
| 22ALRC007 | 325439 | 6570091 | 420 | -48 | 170 | 54 | 22ALRC007 - [email protected]/t from 0m for(GxM 1) | |
| 22ALRC007 - [email protected]/t from 5m for(GxM 2) | ||||||||
| 22ALRC007 - [email protected]/t from 24m for(GxM 4) |
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth (MGA94) |
EOH (m) |
Intersection calculated using 0.5 g/t cut off and up to 3m internal dilution |
||
|---|---|---|---|---|---|---|---|---|---|
| 22ALRC008 | 325437 | 6570103 | 420 | -51 | 170 | 66 | 22ALRC008 - [email protected]/t from 7m for(GxM 1) | ||
| 22ALRC008 - [email protected]/t from 33m for(GxM 3) | |||||||||
| 22ALRC008 - [email protected]/t from 42m for(GxM 2) | |||||||||
| 22ALRC009 | 325434 | 6570116 | 421 | -50 | 172 | 78 | 22ALRC009 - [email protected]/t from 43m for(GxM 6) | ||
| 22ALRC009 - [email protected]/t from 61m for(GxM 1) | |||||||||
| 22ALRC010 | 325400 | 6570070 | 419 | -43 | 170 | 36 | 22ALRC010 - [email protected]/t from 1m for(GxM 3) | ||
| 22ALRC010 - [email protected]/t from 24m for(GxM 5) | |||||||||
| 22ALRC011 | 325403 | 6570081 | 420 | -46 | 171 | 54 | 22ALRC011 - [email protected]/t from 0m for(GxM 1) | ||
| 22ALRC011 - [email protected]/t from 11m for(GxM 7) | |||||||||
| 22ALRC011 - [email protected]/t from 33m for(GxM 25) | |||||||||
| 22ALRC012 | 325420 | 6570075 | 419 | -47 | 173 | 36 | 22ALRC012 - [email protected]/t from 1m for(GxM 1) | ||
| 22ALRC012 - [email protected]/t from 27m for(GxM 1) | |||||||||
| 22ALRC013 | 325420 | 6570084 | 420 | -48 | 170 | 54 | 22ALRC013 - [email protected]/t from 1m for(GxM 1) | ||
| 22ALRC013 - [email protected]/t from 3m for(GxM 1) | |||||||||
| 22ALRC013 - [email protected]/t from 35m for(GxM 1) | |||||||||
| 22ALRC014 | 325417 | 6570097 | 420 | -51 | 172 | 66 | 22ALRC014 - [email protected]/t from 45m for(GxM 10) | ||
| 22ALRC014 - [email protected]/t from 59m for(GxM 1) | |||||||||
| 22ALRC015 | 325414 | 6570111 | 421 | -51 | 170 | 78 | 22ALRC015 - [email protected]/t from 46m for(GxM 2) | ||
| 22ALRC015 - [email protected]/t from 53m for(GxM 9) | |||||||||
| 22ALRC015 - [email protected]/t from 61m for(GxM 1) | |||||||||
| 22ALRC015 - [email protected]/t from 70m for(GxM 1) | |||||||||
| 22ALRC016 | 325457 | 6570107 | 421 | -51 | 167 | 66 | 22ALRC016 - [email protected]/t from 25m for(GxM 1) | ||
| 22ALRC016 - [email protected]/t from 50m for(GxM 1) | |||||||||
| 22ALRC017 | 325455 | 6570120 | 421 | -51 | 168 | 78 | 22ALRC017 - [email protected]/t from 24m for(GxM 1) | ||
| 22ALRC017 - [email protected]/t from 33m for(GxM 1) | |||||||||
| 22ALRC017 - [email protected]/t from 38m for(GxM 4) | |||||||||
| 22ALRC017 - [email protected]/t from 45m for(GxM 1) | |||||||||
| 22ALRC017 - [email protected]/t from 57m for(GxM 2) | |||||||||
| 22ALRC017 - [email protected]/t from 64m for(GxM 1) | |||||||||
| 22ALRC018 | 325530 | 6570256 | 424 | -50 | 90 | 137 | NA | ||
| 22ALRC019 | 325509 | 6570225 | 424 | -46 | 144 | 210 | 22ALRC019 - [email protected]/t from 57m for(GxM 1) | ||
| 22ALRC019 - [email protected]/t from 144m for(GxM 11) | |||||||||
| 22ALRC020 | 325509 | 6570301 | 424 | -46 | 141 | 210 | 22ALRC020 - [email protected]/t from 8m for(GxM 6) | ||
| Data aggregation methods |
• Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for RC holes and 0.2m for diamond holes, composited to 1m. |
||||||||
| Relationship between mineralisation widths and intercept lengths |
• Holes were drilled orthogonal to mineralisation as much as possible, however the exact relationship between intercept width and true width cannot be estimated exactly in all cases. |
||||||||
| Diagrams | • Accurate plans are included in this announcement. | ||||||||
| Balanced reporting | • Drilling results are reported in a balanced reporting style. • FML drill assay results and historic drill hole results are predominantly available on WAMEX. |
||||||||
| Other substantive exploration data |
• There is no other material exploration data to report at this time. | ||||||||
| Further work | • Future works at Alicia and Empress are under review. |
Market Announcement | Page 73 of 96
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Commentary |
|---|---|
| Database integrity | • FML data was geologically logged electronically, collar and downhole surveys were also received electronically as was the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling program for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys • Checks for character data in numeric fields. • Data extracted from the database were validated visually in Datamine software and Seequent Leapfrog software. Also, when loading the data any errors regarding missing values and overlaps are highlighted. • Historic data has been validated against WAMEX reports where possible. |
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager - Exploration and conducts regular site visits. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and last visited site in February 2014. |
| Geological interpretation |
• All available drill hole and mining data was used to guide the geological interpretation of the mineralisation. • Knowledge and information generated from the Empress open pit and underground, Dreadnaught and Tindals mining operations also guided the interpretation. • An approximate cut-off grade of 0.5g/t was implemented. • At Alicia, the two distinctly different zones of mineralisation were modified from the July 2021 Alicia MRE in Seequent Leapfrog Geo software on a sectional basis. • Only minor modifications to the steeply dipping N-S lodes were made to include the April 2022 drilling. The three continuous HG “core” lodes remain within the larger N- S striking Lodes. • The southern “fold-nose” region was re-interpreted to more recent understandings on the geological controls of mineralisation in the area. • The re-interpreted southern region has 9 NW-SE trending stacked flat dipping ~ 10° to WNW lodes that are cross-cut by 5 WSW trending lodes that are moderately steeply dipping ~ 70° WNW. These lodes link Alicia to Empress deposit. • At Empress 13 NNE to NE striking sub-vertical lodes that intersect one another were interpreted. The WSW lodes at Empress aren’t as well developed as at Alicia and have been interpreted as cross cutting the NNE lodes as a series of 17 stacked lodes that also dip ~ 70° WNW. |
| • Two remanent historic ROM pads from Tindals mining have been modelled. One larger ROM covering the Northern N-S lodes and a smaller pad covering the southern lodes. |
|
|---|---|
| Dimensions | • The entire interpreted Alicia/Empress mineralisation extends over 400m. • The Northern, Alicia N -S trending sub-vertical lodes (6) extend over a 340m strike length. The main N-S lode has been modelled from near surface to approximately 120m below surface. The average true thickness of the mineralised lodes is 2-5m. • The Southern lodes extend over 160m strike length and 140m below the surface to the 280mRL and link Alicia to Empress • The Empress NNE lodes strike over a 240m and have been modelled to approximately 130m below surface (290mRL). • The southern stacked WSW lodes at Empress and have limited strike ~ 90m and extend approx. 150m below surface to the 280mRL. • The Northern ROM pad covers an area approx. 200m x 180m, while the Southern ROM pad covers an area approx. 50m x 100m. The ROM pads vary from 2m to 7m thick. |
| Estimation and modelling techniques |
• An Ordinary Kriging (OK) estimate was run using Datamine software, following the process below: • Drill hole data was selected within mineralised lodes and then within the internal HG core. • All domain boundaries were considered “hard” boundaries and no drill hole information was used by another lode in the estimation. This includes the HG core lodes and the southern intersecting lodes where priority was given to the 5 moderately dipping WSW lodes at Alicia. The NNE sub-vertical lodes at Empress had priority over the WSW lodes. • All drill hole data was composited to 1m downhole intervals – 1m is the dominant raw sampling interval. • The composited assay values of each lode were imported into Snowden Supervisor for geostatistical analysis. • A review of histograms, probability plots and mean/variance plots for each lode revealed some outlier sample values. • Top capping of higher Au values within each lode was carried out with Au values above the cut-off grade reset to the cut-off grade. Not all lodes were top-cut. • The different lodes have different top-cuts as required, a maximum top-cap of 20ppm was used with an average of 7ppm Au. • Variography was modelled on data transformed to normal scores, the variogram models were back transformed to original units before exporting. • Variography was performed on the individual lodes with larger sample numbers, in total 23 variograms were modelled. • These models were shared with the other lodes of similar orientation and proximity. • The back-transformed variogram models had moderate to high nugget effects (19% to 57% of total sill), with a range from 20m to 150m for the lodes. • No “unfolding” of the mineralised wireframes was required. • Estimation (via Ordinary Kriging) was into a non-rotated block model in MGA94 grid, with a parent block size of 5 mE x 10 mN x 5 mRL – this is about the average drill spacing in the deposit. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block. • The ellipsoid search parameters used the variogram ranges, with a minimum of 8 and maximum of 16 samples per block estimate was used. After the first pass 85% of blocks had estimated. For un-estimated blocks after this first pass, the search distance was expanded by a factor of two and the minimum number of samples dropped to 4. In the second pass 12% of blocks estimated. A third pass was then run with an increased search distance by a factor of four and the minimum number |
Market Announcement | Page 75 of 96
| of samples 3 (for the smaller Empress WSW lodes) or 4. Only 2.8% of blocks estimated in the third search pass. • The estimate was validated by visually stepping through the estimated blocks and sample data in Datamine. Comparing the estimated block statistics with composited sample data and generate trend (Swath) plots to ensure the estimate was honouring the trends of the data. Also, a review of the output parameters from the estimation process like kriging variance, negative weights, search distances and sample numbers. • After an initial estimation run and validation check, a few lodes with higher grade values in sparsely drilled areas had a “distance limited search” function used whereby grades above a certain cut-off (5ppm AU) were restricted to only estimate blocks within a 10m search ellipse range. This helps to reduce the influence of higher grades into blocks of fewer low grade sample points. • The two remanent ROM pads were estimated by using an Inverse Distance Squared approach with a 150m isotropic search and a minimum of 4 samples and a maximum of 18 samples. A top-cap of 3.5ppm Au was applied to the samples to remove any high-grade outliers. The ROM pads estimated in a single search pass. |
|
|---|---|
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The Mineral Resources at Alicia/Empress have been reported above a 0.7g/t cut-off for open pit. • The ROM pads have been reported without a lower cut-off as it has already had a cut-off applied during the mining process. |
| Mining factors or assumptions |
• Alicia/Empress deposit would be mined by open-cut mining methods. |
| Metallurgical factors or assumptions |
• Two core samples from the 2021 diamond drilling at Alicia were submitted to ALS Laboratories in July 2021 for gravity separation and direct cyanide leach testwork and intensive cyanide leach testwork. • Results for the gravity gold recovery were between 48.1% to 75.9% while total extraction was very high for both samples 95.5% to 96.4% with low cyanide consumption. • Intensive cyanidation was conducted on the two whole ore samples ground to 75µm to test leach performance using aggressive leaching at a finer grind size. • Both samples had similar and slightly higher responses compared to the standard gravity leach test outlined above. |
| Environmental factors or assumptions |
• The Alicia/Empress deposits sit within an area of previous ground disturbance to the immediate North is the Tindals open pit and waste dump. A small trial pit currently exists on the Empress deposit • There are no unforeseen environmental considerations that would prevent open pit mining from re-commencing in the area. |
| Bulk density | • Density values were assigned based on weathering profile using SG test work on recently drilled FML diamond core samples and historic figures used in the region. An average density of 1.8 for oxidised t/m3, 2.4 t/m3 for transitional and 2.85 t/m3 for fresh rock were applied to the model. • A density of 1.7 t/m3 was applied to the ROM stockpiles. |
| Classification | • Mineral Resources have been classified as either Indicated or Inferred based mainly on geological confidence in the geometry and continuity of the lodes. In addition, various estimation output parameters such as number of samples, search pass, kriging variance, and slope of regression have been used to assist in classification. • Significant drilling exists mostly pattern drilled to 10m x 20m and the relatively shallow modelling of mineralisation and high percentage of blocks estimating in the first search pass therefore, the majority of the resource was classified as Indicated. Minor extension of the interpretation in the WSW lodes at Alicia that lead to blocks |
| filling in the second search pass were constrained within a digitised wireframe and classified Inferred. The smaller WSW lodes at Empress were classified as Inferred. |
|
|---|---|
| Audits or reviews | • No external audits of the mineral resource have been conducted. |
| Discussion of relative accuracy/ confidence |
• This is addressed in the relevant paragraph on Classification above. • The Mineral Resource relates to global tonnage and grade estimates. |
JORC Code, 2012 Edition – Table 1 Undaunted and Lady
Charlotte Deposits
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
• The information of sampling techniques below applies to the drill holes drilled by Focus Minerals (FML). • RC percussion drill chips were collected through a cyclone and cone or riffle splitter. Samples were collected on a 1m basis to achieve a sample weight of approximately 3 - 5kg. The splitter was levelled at the beginning of each hole using a bullseye level. The spoils were collected at 1m intervals and either placed directly on the ground or collected in large “green bags”. • FML collected composite samples by spear sampling the 1m spoils and the corresponding 1m samples collected off the drill rig were submitted if the composite returned an assay >0.2ppm Au. • Eltins submitted 5m composites of RC drill chips for analysis and re-submitted 1m samples where results returned >0.2ppm Au. • Matador and RJV submitted 4m composites by spear sampling the 1m spoils or 1m RC chip samples from the rig splitter for analysis. |
| Drilling techniques | • All FML drilling was completed using a Reverse Circulation (RC) face sampling hammer with booster auxiliary. • Eltins drilling was completed using an RC face sampling hammer. • Matador/RJV drilling was completed using an RC face sampling hammer. |
| Drill sample recovery |
• FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry whenever possible to maximize recovery, with water injection on the outside return to minimise dust. • Historic sample recovery is poorly recorded. |
| Logging | • FML RC samples were geologically logged to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that are present. • The logging information was transferred into the company’s drilling database once the log was complete. • Logging was qualitative, however the geologists often recorded quantitative mineral percentage ranges for the sulphide minerals present. • The entire length of all holes is logged. • RC chips were washed and stored in chip trays, while diamond core was orientated and photographed prior to being ½ core sampled with remaining core stored at the TMH core yard. • Historic RC holes have been logged at 1m intervals to record weathering, regolith, rock type, colour, alteration, mineralisation, structure and texture and any other notable features that arepresent. |
Market Announcement | Page 77 of 96
| Sub-sampling techniques and sample preparation |
• FML RC samples were drilled dry to maximise recovery where possible. The use of a booster and auxiliary compressor provide dry sample for depths below the water table. Sample condition was recorded (wet, dry, or damp) at the time of sampling and recorded in the database. • FML utilised various laboratories over the years, however most Undaunted samples were sent to ALS. Samples were collected in a pre-numbered calico bag bearing a unique sample ID. At the assay laboratory all samples were oven dried, crushed to a nominal 10mm using a jaw crusher (core samples only) and weighed. Samples in excess of 3kg in weight were riffle split to achieve a maximum 3kg sample weight before being pulverized to 90% passing 75μm. • Initial 4m composite samples were analysed by 40g Aqua Regia. Where results returned >0.2ppm Au, 1m samples were submitted for 40g Fire Assay. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques and practices that are appropriate for this style of mineralisation. Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • Regular reviews of the sampling were carried out by the supervising geologist and senior field staff, to ensure all procedures were followed and best industry practice carried out. • The sample sizes are considered to be appropriate for the type, style and consistency of mineralisation encountered during this phase of exploration. • Etlin’s assay methodology is not stated. • Matador/RJV submitted assays for Fire Assay with 30g charge to ALS Laboratory. |
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • FML QAQC checks involved inserting a standard or blank every 10 to 20 samples. A minimum of 1 standard was inserted for every sample batch submitted. Pulp samples were submitted to a different laboratory for check sampling. • All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. • Matador/RJV utilised lab repeats as part of their QAQC checks. |
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. Consultants were not used for this process. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. |
| Location of data points |
• FML drill collars were surveyed after completion, using a DGPS instrument. Holes were open hole surveyed upon completion of drilling using an electronic multi-shot camera or north-seeking gyroscope tool whilst drilling was in progress. • All coordinates and bearings use the MGA94 Zone 51 grid system. • FML utilises Landgate sourced regional topographic maps and contours as well as internally produced survey pick-ups produced by the mining survey teams utilising DGPS base station instruments. • Eltin collar survey methods are unknown, no down-hole surveying was conducted. • Matador and RJV used electronic multi-shot camera for downhole surveys. |
| Data spacing and distribution |
• Drill collars are on an approximate 10m x 10m narrow spacing along the core of the deposit with 20m x 20m spacing at the extents of the deposit. |
|---|---|
| Orientation of data in relation to geological structure |
• Drilling was designed based on known geological models, field mapping, verified historical data and cross-sectional interpretation. • Drill holes were oriented at right angles to strike of the main deposit, however given the differing orientations of the Undaunted mineralisation not all holes were orientated to best delineate the geology. |
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • All samples were bagged in a tied numbered calico bag, grouped into green plastic bags. The bags were placed into cages with a sample submission sheet and delivered directly from site to the Kalgoorlie laboratories by FML personnel. • Historic sample security is not recorded. |
| Audits or reviews | • A review of sampling techniques was carried out by rOREdata Pty Ltd in late 2013 as part of a database amalgamation project. Their only recommendation was to change the QA/QC intervals to bring them into line with the FML Laverton system, which uses the same frequency of standards and duplicates but has them inserted at different points within the numbering sequence. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary |
|---|---|
| Mineral tenement and land tenure status |
• All exploration was conducted on tenements 100% owned by Focus Minerals Limited or its subsidiary companies Focus Operations Pty Ltd. All tenements are in good standing. • Undaunted is primarily located on tenement M15/646, part of the Tindals Mining Centre. The historically defined Lady Charlotte deposit area is on tenement M15/1294 which is wholly surrounded by M15/646. • The Malinyu Ghoorlie 2017 and Maduwongga 2017 Claims cover the majority of the Coolgardie tenure. At this stage no Coolgardie claims have progressed to determined status. |
| Exploration done by other parties |
• Lady Charlotte has been historically mined by underground shafts and drives. Historic figures indicate 9,859 tonnes were mined at an average grade of 20.1g/t Au. • Other exploration works carried out consisted of mapping, soil sampling, RAB, RC and Diamond drilling, aerial surveys, ground magnetics. |
| Geology | • Regionally the deposit is located on the western margin of the Archaean Norseman – Menzies Greenstone Belt. The province is sub-divided into three Terranes, with Undaunted occurring within the Kalgoorlie Terrane and further sub-divided into the Coolgardie Domain. The dominant rock types throughout the Coolgardie Domain are mafic to ultramafic volcanic rocks overlain by a thick succession of felsic volcanic and volcaniclastic rocks which in turn are intruded by a suite of felsic to intermediate porphyries and differentiated to undifferentiated dolerites and gabbros. • Locally the prospect is within an area of complex interactions between the Brilliant Ultramafic, the underlying Lindsays Basalt and the felsic intrusives of the Bayleys Porphyry Suite. The area is also structurally complex with N-NNE trending shears and faults intersecting SW faults. • Mineralisation is associated with the diorite intrusions and quartz veining, silicification and base metal sulphides. |
Market Announcement | Page 79 of 96
| Drill hole Information |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
• Historic drilling information has been validated against publicly available WAMEX reports. |
|
|---|---|---|---|---|---|
| Company | Drill Hole Number | WAME X Report A- Numbe r |
WAME X Report Date |
||
| ELTINS | LC001, LC002, LC003, LC004, LC005, LC006, LC007, LC008, LC010, LC011, LC012, LC013, LC015,LC017,LC019 |
42470 | Oct-94 | ||
| MATADOR | 05LCC001, 05LCC002, 05LCC005, 05LCC006, 05LCC007 |
72821 | Jul-06 | ||
| REDEMPTION JV |
06LCC016, 06LCC017 | 74513 | Feb-07 | ||
| FOCUS | UNC015, UNC020, UNC021, UNC022, UNC024, UNC025, UNC026, UNC028, UNC029, UNC030, UNC031, UNC032, UNC033, UNC034, UNC035, UNC036, UNC037, UNC038, UNC039, UNC040, UNC042, UNC043, UNC044, UNC045, UNC046, UNC047, UNC048, UNC049, UNC050, UNC051, UNC052, UNC053, UNC054, UNC055, UNC056, UNC057, UNC058, UNC059, UNC060, UNC065, UNC066, UNC067, UNC068, UNC069, UNC070, UNC072, UNC073, UNC074, UNC077, UNC078, UNC079, UNC081, UNC082, UNC083, UNC085, UNC086, UNC087, UNC089, UNC090, UNC093, UNC094, UNC095, UNC129, UNC130, UNC132, UNC133, UNC134, UNC135, UNC140, UNC141, UNC142, UNC143, UNC144, UNC145, UNC146, UNC148, UNC149, UNC150, UNC153, UNC232, UNC234, UNC236, UNC240, UNC244, UNC245, UNC246, UNC247, UNC248, UNC249, UNC250, UNC251, UNC252, UNC253, UNC256, UNC257, UNC258, UNC259, UNC260, UNC261, UNC262, UNC263, UNC264, UNC266, UNC267, UNC269, UNC270, UNC273, UNC274, UNC275, UNC276, UNC277, UNC278, UNC279, UNC280, UNC281, UNC282, UNC283, UNC284, UNC285, UNC290, UNC291, UNC292, UNC293, UNC294, UNC295, UNC300, UNC301, UNC303, UNC304, UNC305, UNC307 |
92766 | Feb-11 | ||
| UNC322, UNC324, UNC327, UNC328, UNC329, UNC330, UNC331, UNC332, UNC333, UNC334, UNC335, UNC336, UNC337, UNC338, UNC339, UNC340,UNC375,UNC425,UNC426 |
96924 | Feb-13 | |||
| TND1515 | 107812 | Feb-16 | |||
| • Focus drilling information NOT available |
• Focus drilling information NOT available |
• Focus drilling information NOT available |
• Focus drilling information NOT available |
WAMEX reports. | WAMEX reports. | ||||
|---|---|---|---|---|---|---|---|---|---|
| DRILL TYPE |
HOLE ID | EAST | NORTH | RL | DEPTH (m) |
AZIMUTH | DIP | ||
| RC | UNC001 | 326279.9 | 6570910 | 426.27 | 48 | 90.04 | -60 | ||
| RC | UNC002 | 326271 | 6570907 | 425.81 | 48 | 90.04 | -60 | ||
| RC | UNC003 | 326280.3 | 6570930 | 426.55 | 48 | 90.04 | -60 | ||
| RC | UNC004 | 326270 | 6570930 | 425.45 | 48 | 90.04 | -60 | ||
| RC | UNC006 | 326280.3 | 6570885 | 426.29 | 48 | 90.04 | -60 | ||
| RC | UNC007 | 326269.7 | 6570890 | 426.43 | 48 | 90.04 | -60 | ||
| RC | 20UNRC 001 |
326275.6 | 6570910 | 427.73 | 78 | 89.74 | -59.97 | ||
| RC | 20UNRC 002 |
326405.9 | 6570897 | 432.46 | 72 | 91.16 | -60.69 | ||
| RC | 20UNRC 003 |
326403.2 | 6570707 | 432.23 | 138 | 269.35 | -50.86 | ||
| Data aggregation methods |
• Mineralised intersections are reported at a 0.5g/t Au cut-off with a minimum reporting width of 1m for RC holes. |
||||||||
| Relationship between mineralisation widths and intercept lengths |
• Holes were drilled orthogonal to mineralisation as much as possible, however the exact relationship between intercept width and true width cannot be estimated exactly in all cases. |
||||||||
| Diagrams | • Accurate plans are included in this announcement. | ||||||||
| Balanced reporting | • Drilling results are reported in a balanced reporting style. • FML drill assay results and historic drill hole results are predominantly available on WAMEX. |
||||||||
| Other substantive exploration data |
• There is no other material exploration data to report at this time. | ||||||||
| Further work | • A review of the revised modelling and estimation is underway, with respect to planning future drillholes. |
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Commentary |
|---|---|
| Database integrity | • FML data was geologically logged electronically, collar and downhole surveys were also received electronically as were the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling programs for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: |
Market Announcement | Page 81 of 96
| • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys • Checks for character data in numeric fields. • Data extracted from the database were validated visually in Datamine and Seequent Leapfrog software. Also, when loading the data any errors regarding missing values and overlaps are highlighted. • Historic data has been validated against WAMEX reports where possible. |
|
|---|---|
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager - Exploration and conducted regular site visits throughout 2021. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and visited site in 2014. |
| Geological interpretation |
• All available drill hole and pit mapping data was used to guide the geological interpretation of the mineralisation. • The mineralised geological interpretation was completed using Seequent Leapfrog software on a section-by-section basis. • A total of 28 lodes were modelled, an additional 9 lodes have been interpreted as splays coming off the main NNE trending lode. While the lodes all follow the same N- NNE trend they are clustered in five sets of 4 – 8 veins surrounding the main NE lode. All lodes are thin and dip sub-vertically to the East. |
| Dimensions | • Mineralisation has been modelled over 570m strike and have been interpreted from near surface to approx. 140m below surface. The average thickness of the individual lodes varies from 1m up to 10m thick. |
| Estimation and modelling techniques |
• An Ordinary Kriging (OK) estimate was run using Datamine software, following the process below: • Drill hole data was selected within mineralised lodes, boundaries between each lode were considered hard boundaries and no data is shared between lodes. All drill hole data was composited to 1m downhole intervals – 1m is the dominant sampling interval. • The composited data was imported into Supervisor software for statistical and geostatistical analysis. • After a review of the individual lode statistics, higher Au samples that were outliers to the main population were “top-capped” to a selected value for each lode. An average of 5ppm Au was used with a maximum of 12ppm Au. • Variography was modelled on data transformed to normal scores, the variogram models were back transformed to original units before exporting. • Variography was performed on the individual lodes with larger sample numbers, in total 6 variograms were modelled. These models were shared with the other lodes that fell within that domain of similar orientation and proximity. • The back-transformed variogram models had moderate nugget effects (20 to 34% of total sill), with a range from 30m for the smaller lodes to 139m for the Main lode. • Estimation (via Ordinary Kriging) was into a non-rotated block model in MGA94 grid, with a parent block size of 5 mE x 10 mN x 5 mRL – this is about the average drill spacing in the deposit. Sub-blocking was used to best fill the wireframes and inherit thegrade of theparent block. |
| • The ellipsoid search parameters used the variogram ranges, with a minimum of 8 and maximum of 18 samples per block estimate was used. After the first pass 46% of blocks had estimated. For un-estimated blocks after this first pass, the search distance was expanded by a factor of two and the minimum number of samples dropped to 4. In the second pass 43% of blocks estimated. A third pass was then run with an increased search distance by a factor of four and the same minimum number of samples. The remaining 11% of blocks estimated in the third search pass. The poor estimation of blocks is attributed to fact most drillholes are shallow and few targeted the mineralization at depth. • • The estimate was validated by visually stepping through the estimated blocks and sample data in Datamine. Comparing the estimated block statistics with composited sample data and generate trend (Swath) plots to ensure the estimate was honouring the trends of the data. Also, a review of the output parameters from the estimation process like kriging variance, negative weights, search distances and sample numbers. |
|
|---|---|
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The Resources for Undaunted have been reported above a 0.5g/t Au cut-off and above the 340mRL. This is based on an AUD $2,200 gold price and processing through FML’s TMH Mill. |
| Mining factors or assumptions |
• FML anticipates mining by open pit methods with ore to be processed through the Three Mile Hill plant some 6km to the north of Undaunted. |
| Metallurgical factors or assumptions |
• |
| Environmental factors or assumptions |
• The deposits occur within an area of significant previous ground disturbance including open pits and waste dumps. |
| Bulk density | • Density values were assigned based weathering profile, using the values from the previous MRE that are based on the typical averages for the Coolgardie region. • An oxide density of 1.80t/m3: transitional 2.40 t/m3 and 2.80 t/m3 was used for fresh. |
| Classification | • Mineral Resources have been classified as Inferred. Whilst there is close-spaced drilling along strike of the deposit and a large proportion of FML drill holes the shallow nature of the drilling resulting in a large proportion of the resource filling in the second search pass, the deposit has been classed as Inferred. • Some blocks with low drill density at depth were set as unclassified and not reported. |
| Audits or reviews | • No independent audits or reviews of the mineral resource estimate have been conducted. |
| Discussion of relative accuracy/ confidence |
• This is addressed in the relevant paragraph on Classification above. • The Mineral Resource relates to global tonnage and grade estimates. |
Market Announcement | Page 83 of 96
JORC Code, 2012 Edition – Table 1 for Central
Coolgardie Gold Project Low grade Stockpiles and Tails
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
• This report relates to results from Reverse Circulation (RC) drilling. The information of sampling techniques below applies to the drill holes drilled by Focus Minerals (FML) only. • RC percussion drill chips were collected through a cyclone and cone splitter. Samples were collected on a 1m basis through the targeted stockpiles and tails deposits. • RC chips were passed through a cone splitter to achieve a sample weight of approximately 3kg. The splitter was levelled at the beginning of each hole using a bullseye level. At the assay laboratory all samples were oven dried before being pulverized to 90% passing 75μm. The samples were then prepared for fire assay. |
| Drilling techniques | • FML drilling was completed using an RC face sampling hammer. • Hole were not down hole surveyed due to short length and orientation as vertical holes were used. All collars were picked up with high resolution DGPS and drone surveys were also used to improve topography control |
| Drill sample recovery |
• FML Sample recovery was recorded by a visual estimate during the logging process. • All RC samples were drilled dry |
| Logging | • All RC samples were geologically logged to primarily record the boundary of the deposit and any variations in oxidation state. • The logging information was recorded into acQuire format using a Toughbook notepad and then transferred into the company’s drilling database once the log was complete. • Logging was qualitative, however the geologists often recorded quantitative mineral percentage ranges for the sulphide minerals present. • The entire length of all holes is logged. |
| Sub-sampling techniques and sample preparation |
• RC samples were cone split to a nominal 2.5kg to 3kg sample weight. The drilling method was designed to maximise sample recovery and delivery of a clean, representative sample into the calico bag. • All RC samples were drilled dry to maximise recovery.. Sample condition was recorded (wet, dry, or damp) at the time of sampling and recorded in the database. • The samples were collected in a pre-numbered calico bag bearing a unique sample ID. Samples were crushed to 75μm at the laboratory and riffle split (if required) to a maximum 3kg sample weight. Gold analysis was determined by a 30g to 50g fire assay with an ICP-OES or AAS Finish. • The assay laboratories’ sample preparation procedures follow industry best practice, with techniques and practices that are appropriate for this style of mineralisation. Pulp duplicates were taken at the pulverising stage and selective repeats conducted at the laboratories’ discretion. • A standard is inserted every 20th sample and all batches delivered to the lab have at least three standards in them. • Regular reviews of the sampling were carried out by the supervising geologist and senior field staff, to ensure all procedures were followed and best industry practice carried out. • The sample sizes were considered to be appropriate for the type, style and |
| Criteria | Commentary |
|---|---|
| consistency of mineralisation encountered during this phase of exploration. | |
| Quality of assay data and laboratory tests |
• The assay method and laboratory procedures were appropriate for this style of mineralisation. The fire assay technique was designed to measure total gold in the sample. • No geophysical tools, spectrometers or handheld XRF instruments were used. • The QA/QC process described above was sufficient to establish acceptable levels of accuracy and precision. All results from assay standards and duplicates were scrutinised to ensure they fell within acceptable tolerances. |
| Verification of sampling and assaying |
• Significant intervals were visually inspected by company geologists to correlate assay results to logged mineralisation. Consultants were not used for this process. • Normally if old historic drilling was present, twinned holes are occasionally drilled to test the veracity of historic assay data; however, no twinned holes were drilled during this program. • Primary data is sent in digital format to the company’s Database Administrator (DBA) as often as was practicable. The DBA imports the data into an acQuire database, with assay results merged into the database upon receipt from the laboratory. Once loaded, data was extracted for verification by the geologist in charge of the project. • No adjustments were made to any current or historic data. If data could not be validated to a reasonable level of certainty it was not used in any resource estimations. • Historic holes were validated against paper copies and WAMEX reports where possible. |
| Location of data points |
• FML drill collars were surveyed after completion, using a DGPS instrument. • As holes were vertical and very short no down hole dip/azimuth surveys were required. • All coordinates and bearings use the MGA94 Zone 51 grid system. • FML utilises Landgate sourced regional topographic maps and contours as well as internally produced survey pick-ups produced by the mining survey teams utilising DGPS base station instruments and drones. |
| Data spacing and distribution |
• RC drill spacing was better or equal to 15m x 15m |
| Orientation of data in relation to geological structure |
• Drill holes were vertical and generally oriented at right angles to the flat lying deposits |
| Sample security | • All samples were reconciled against the sample submission with any omissions or variations reported to FML. • All samples were bagged in a tied numbered calico bag, grouped into green plastic bags. The bags were placed into cages with a sample submission sheet and delivered directly from site to the Kalgoorlie laboratories by FML personnel. |
| Audits or reviews | • A review of sampling techniques was carried out by rOREdata Pty Ltd in late 2013 as part of a database amalgamation project. Their only recommendation was to change the QA/QC intervals to bring them into line with the FML Laverton system, which uses the same frequency of standards and duplicates but has them inserted at different points within the numbering sequence. |
Market Announcement | Page 85 of 96
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary | |
|---|---|---|
| Mineral tenement and land tenure status |
• All exploration was conducted on tenements 100% owned by Focus Minerals Limited or its subsidiary companies Focus Operations Pty Ltd. All tenements are in good standing. • The Malinyu Ghoorlie 2017 Claim cover the majority of the Coolgardie tenure. At this stage no Coolgardie claims have progressed to determined status. |
|
| Exploration done by other parties |
• The targeted stockpiles and tails have negligible amounts of previous sampling |
|
| Geology | • The stockpiles and tails come from a variety of sources: • Three Mile Hill Stockpile is comprised of Low Grade mined by FML at the adjacent Greenfields open pit 2012 – 2013 • Tindals East stockpile is composed of material mined by FML from the adjacent Tindals UG to 2012 • Bayleys, Redemption, Queen of Sheba. Lyndsays tails are all sourced from the Bayleys/Lyndsays gold system and have been previously processed • Golden Bar tails are from unknown source but, are likely to have been mined from underground on the SE continuation of the Bayleys system. These tails have been previously processed. |
|
| Drill hole Information |
• New holes drilled by FML in 2023: Hole ID Easting Northing RL Dip Azimuth EOH Intersection calculated using (MGA94) (m) 0.4g/t cut off and up to 2m internal dilution 23CGRC001 326835 6574942 400 -90 0 3 23CGRC001 - [email protected]/t from 0m for(GxM 0.54) 23CGRC002 326848 6574948 400 -90 0 3 NA 23CGRC003 326862 6574954 400 -90 0 3 23CGRC003 - [email protected]/t from 2m for(GxM 0.47) 23CGRC004 326876 6574961 400 -90 0 3 23CGRC004 - [email protected]/t from 0m for(GxM 1.78) 23CGRC005 326889 6574967 400 -90 0 3 23CGRC005 - [email protected]/t from 0m for(GxM 1.84) 23CGRC006 326897 6574974 400 -90 0 3 23CGRC006 - [email protected]/t from 1m for(GxM 0.4) 23CGRC007 326891 6574985 400 -90 0 3 23CGRC007 - [email protected]/t from 0m for(GxM 0.63) 23CGRC008 326883 6574981 400 -90 0 3 23CGRC008 - [email protected]/t from 0m for(GxM 1.28) 23CGRC009 326870 6574975 400 -90 0 3 NA 23CGRC010 326856 6574968 400 -90 0 3 23CGRC010 - [email protected]/t from 0m for(GxM 0.7) 23CGRC011 326843 6574962 400 -90 0 3 23CGRC011 - [email protected]/t from 0m for(GxM 0.49) 23CGRC012 326829 6574956 400 -90 0 3 23CGRC012 - [email protected]/t from 0m for(GxM 1) 23CGRC013 326823 6574969 400 -90 0 3 23CGRC013 - [email protected]/t from 0m for(GxM 2.25) 23CGRC014 326836 6574976 400 -90 0 3 NA 23CGRC015 326850 6574982 400 -90 0 3 23CGRC016 326863 6574988 400 -90 0 3 23CGRC016 - [email protected]/t from 0m for(GxM 0.44) 23CGRC017 326877 6574994 400 -90 0 3 23CGRC017 - [email protected]/t from 0m for(GxM 1.64) 23CGRC018 326885 6574998 400 -90 0 3 23CGRC018 - [email protected]/t from 0m for(GxM 1.24) 23CGRC022 326455 6573875 410 -90 0 3 23CGRC022 - [email protected]/t from 1m for(GxM 0.4) 23CGRC023 326462 6573861 409 -90 0 2 NA 23CGRC024 326471 6573848 409 -90 0 2 23CGRC024 - [email protected]/t from 0m for(GxM 0.95) 23CGRC025 326483 6573856 409 -90 0 2 23CGRC025 - [email protected]/t from 0m for(GxM 0.4) 23CGRC026 326475 6573868 409 -90 0 2 23CGRC026 - [email protected]/t from 0m for(GxM 0.49) 23CGRC027 326468 6573881 410 -90 0 3 23CGRC027 - [email protected]/t from 0m for(GxM 1.21) 23CGRC028 326477 6573896 409 -90 0 2 NA 23CGRC029 326482 6573889 409 -90 0 2 23CGRC029 - [email protected]/t from 0m for(GxM 1.42) 23CGRC030 326488 6573876 409 -90 0 2 23CGRC030 - [email protected]/t from 0m for(GxM 0.43) 23CGRC031 326494 6573863 409 -90 0 2 NA 23CGRC032 326494 6573896 408 -90 0 2 NA 23CGRC033 326506 6573900 408 -90 0 2 NA 23CGRC034 326497 6573916 408 -90 0 2 NA (MGA 94 Zone 51) |
| Criteria | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | ||
|---|---|---|---|---|---|---|---|---|---|
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth **(MGA94) ** |
EOH (m) |
Intersection calculated using 0.4g/t cut off and up to 2m internal dilution |
||||
| 23CGRC035 | 326491 | 6573929 | 408 | -90 | 0 | 2 | NA | ||
| 23CGRC036 | 326488 | 6573935 | 408 | -90 | 0 | 2 | NA | ||
| 23CGRC037 | 326477 | 6573930 | 408 | -90 | 0 | 2 | NA | ||
| 23CGRC038 | 326481 | 6573923 | 408 | -90 | 0 | 2 | NA | ||
| 23CGRC039 | 326486 | 6573912 | 408 | -90 | 0 | 2 | NA | ||
| 23CGRC040 | 326688 | 6573767 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC041 | 326701 | 6573761 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC042 | 326715 | 6573755 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC043 | 326728 | 6573749 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC044 | 326739 | 6573743 | 407 | -90 | 0 | 2 | NA | ||
| 23CGRC045 | 326721 | 6573716 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC046 | 326715 | 6573721 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC047 | 326703 | 6573727 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC048 | 326689 | 6573734 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC049 | 326676 | 6573741 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC050 | 326682 | 6573752 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC051 | 326696 | 6573747 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC052 | 326708 | 6573741 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC053 | 326722 | 6573734 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC054 | 326736 | 6573728 | 406 | -90 | 0 | 2 | NA | ||
| 23CGRC055 | 327740 | 6572707 | 401 | -90 | 0 | 3 | 23CGRC055 - [email protected]/t from 1m for(GxM 3.22) | ||
| 23CGRC056 | 327732 | 6572696 | 402 | -90 | 0 | 3 | 23CGRC056 - [email protected]/t from 0m for(GxM 3.6) | ||
| 23CGRC057 | 327721 | 6572684 | 402 | -90 | 0 | 2 | 23CGRC057 - [email protected]/t from 1m for(GxM 0.69) | ||
| 23CGRC058 | 327717 | 6572678 | 402 | -90 | 0 | 3 | NA | ||
| 23CGRC059 | 327723 | 6572672 | 402 | -90 | 0 | 3 | 23CGRC059 - [email protected]/t from 0m for(GxM 1.61) | ||
| 23CGRC060 | 327731 | 6572677 | 402 | -90 | 0 | 3 | 23CGRC060 - [email protected]/t from 0m for(GxM 2.57) | ||
| 23CGRC061 | 327739 | 6572689 | 402 | -90 | 0 | 3 | 23CGRC061 - [email protected]/t from 0m for(GxM 2.33) | ||
| 23CGRC062 | 327749 | 6572700 | 402 | -90 | 0 | 3 | 23CGRC062 - [email protected]/t from 0m for(GxM 1.41) | ||
| 23CGRC063 | 327760 | 6572690 | 402 | -90 | 0 | 3 | 23CGRC063 - [email protected]/t from 2m for(GxM 0.8) | ||
| 23CGRC064 | 327751 | 6572679 | 402 | -90 | 0 | 3 | 23CGRC064 - [email protected]/t from 0m for(GxM 3.4) | ||
| 23CGRC065 | 327742 | 6572667 | 402 | -90 | 0 | 3 | 23CGRC065 - [email protected]/t from 0m for(GxM 5.96) | ||
| 23CGRC066 | 327738 | 6572661 | 402 | -90 | 0 | 2 | 23CGRC066 - [email protected]/t from 0m for(GxM 3) | ||
| 23CGRC067 | 327752 | 6572658 | 402 | -90 | 0 | 2 | 23CGRC067 - [email protected]/t from 0m for(GxM 0.54) | ||
| 23CGRC068 | 327762 | 6572669 | 403 | -90 | 0 | 3 | 23CGRC068 - [email protected]/t from 0m for(GxM 1.67) | ||
| 23CGRC069 | 327769 | 6572680 | 402 | -90 | 0 | 3 | NA | ||
| 23CGRC070 | 327783 | 6572669 | 402 | -90 | 0 | 2 | 23CGRC070 - [email protected]/t from 0m for(GxM 0.59) | ||
| 23CGRC071 | 327774 | 6572660 | 402 | -90 | 0 | 3 | 23CGRC071 - [email protected]/t from 0m for(GxM 2.92) | ||
| 23CGRC072 | 327765 | 6572648 | 402 | -90 | 0 | 2 | 23CGRC072 - [email protected]/t from 0m for(GxM 3.13) | ||
| 23CGRC073 | 327751 | 6572648 | 402 | -90 | 0 | 2 | 23CGRC073 - [email protected]/t from 0m for(GxM 1.42) | ||
| 23CGRC074 | 327755 | 6572637 | 401 | -90 | 0 | 2 | 23CGRC074 - [email protected]/t from 0m for(GxM 3.31) | ||
| 23CGRC075 | 327749 | 6572627 | 401 | -90 | 0 | 2 | 23CGRC075 - [email protected]/t from 0m for(GxM 3.23) | ||
| 23CGRC076 | 327760 | 6572618 | 402 | -90 | 0 | 2 | 23CGRC076 - [email protected]/t from 0m for(GxM 1.22) | ||
| 23CGRC077 | 327772 | 6572609 | 403 | -90 | 0 | 2 | 23CGRC077 - [email protected]/t from 0m for(GxM 1.3) | ||
| 23CGRC078 | 327778 | 6572617 | 402 | -90 | 0 | 2 | 23CGRC078 - [email protected]/t from 0m for(GxM 1.28) | ||
| 23CGRC079 | 327786 | 6572629 | 402 | -90 | 0 | 2 | 23CGRC079 - [email protected]/t from 0m for(GxM 0.86) | ||
| 23CGRC080 | 327795 | 6572643 | 402 | -90 | 0 | 2 | 23CGRC080 - [email protected]/t from 0m for(GxM 1.34) | ||
| 23CGRC081 | 327801 | 6572649 | 402 | -90 | 0 | 2 | NA | ||
| 23CGRC082 | 327793 | 6572659 | 402 | -90 | 0 | 2 | 23CGRC082 - [email protected]/t from 0m for(GxM 0.58) | ||
| 23CGRC083 | 327785 | 6572650 | 402 | -90 | 0 | 2 | 23CGRC083 - [email protected]/t from 0m for(GxM 1.91) | ||
| 23CGRC084 | 327778 | 6572642 | 402 | -90 | 0 | 2 | 23CGRC084 - [email protected]/t from 0m for(GxM 2.53) | ||
| 23CGRC085 | 327767 | 6572627 | 402 | -90 | 0 | 2 | 23CGRC085 - [email protected]/t from 0m for(GxM 2.3) | ||
| 23CGRC086 | 326214 | 6570648 | 438 | -90 | 0 | 6 | 23CGRC086 - [email protected]/t from 0m for(GxM 2.46) | ||
| 23CGRC087 | 326213 | 6570659 | 438 | -90 | 0 | 6 | 23CGRC087 - [email protected]/t from 0m for(GxM 4.97) | ||
| 23CGRC088 | 326213 | 6570669 | 437 | -90 | 0 | 6 | 23CGRC088 - [email protected]/t from 0m for(GxM 17.75) | ||
| 23CGRC089 | 326207 | 6570660 | 437 | -90 | 0 | 6 | 23CGRC089 - [email protected]/t from 0m for(GxM 4.23) | ||
| 23CGRC090 | 326207 | 6570650 | 437 | -90 | 0 | 6 | 23CGRC090 - [email protected]/t from 0m for(GxM 1.1) | ||
| 23CGRC091 | 326204 | 6570632 | 438 | -90 | 0 | 6 | 23CGRC091 - [email protected]/t from 2m for(GxM 1.9) | ||
| 23CGRC092 | 326195 | 6570639 | 438 | -90 | 0 | 6 | 23CGRC092 - [email protected]/t from 0m for(GxM 0.47) | ||
| 23CGRC092 | 326195 | 6570639 | 438 | -90 | 0 | 6 | 23CGRC092 - [email protected]/t from 3m for(GxM 2.2) | ||
| 23CGRC093 | 326189 | 6570630 | 438 | -90 | 0 | 6 | 23CGRC093 - [email protected]/t from 2m for(GxM 2.23) | ||
| 23CGRC094 | 326183 | 6570638 | 438 | -90 | 0 | 6 | 23CGRC094 - [email protected]/t from 2m for(GxM 0.45) | ||
| 23CGRC094 - [email protected]/t from 4m for(GxM 1.12) | |||||||||
| 23CGRC095 | 326169 | 6570637 | 438 | -90 | 0 | 6 | NA | ||
Market Announcement | Page 87 of 96
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth **(MGA94) ** |
EOH (m) |
Intersection calculated using 0.4g/t cut off and up to 2m internal dilution |
|
|---|---|---|---|---|---|---|---|---|
| 23CGRC096 | 326148 | 6570637 | 437 | -90 | 0 | 6 | 23CGRC096 - [email protected]/t from 2m for(GxM 1.94) | |
| 23CGRC097 | 326127 | 6570630 | 436 | -90 | 0 | 6 | 23CGRC097 - [email protected]/t from 2m for(GxM 1.27) | |
| 23CGRC098 | 326117 | 6570630 | 435 | -90 | 0 | 5 | 23CGRC098 - [email protected]/t from 0m for(GxM 0.45) | |
| 23CGRC098 - [email protected]/t from 2m for(GxM 2.48) | ||||||||
| 23CGRC099 | 326107 | 6570630 | 434 | -90 | 0 | 4 | NA | |
| 23CGRC100 | 326098 | 6570630 | 433 | -90 | 0 | 3 | 23CGRC100 - [email protected]/t from 2m for(GxM 0.7) | |
| 23CGRC101 | 326088 | 6570630 | 432 | -90 | 0 | 2 | NA | |
| 23CGRC191 | 324732 | 6569784 | 439 | -90 | 0 | 1 | NA | |
| 23CGRC192 | 324734 | 6569796 | 439 | -90 | 0 | 1 | NA | |
| 23CGRC193 | 324735 | 6569804 | 440 | -90 | 0 | 1 | NA | |
| 23CGRC194 | 324736 | 6569791 | 439 | -90 | 0 | 1 | NA | |
| 23CGRC195 | 324744 | 6569785 | 438 | -90 | 0 | 1 | NA | |
| 23CGRC196 | 324735 | 6569778 | 438 | -90 | 0 | 1 | NA | |
| 23CGRC197 | 324728 | 6569774 | 439 | -90 | 0 | 1 | NA | |
| 23CGRC198 | 324753 | 6569756 | 435 | -90 | 0 | 1 | NA | |
| 23CGRC199 | 324765 | 6569760 | 435 | -90 | 0 | 1 | NA | |
| 23CGRC200 | 324776 | 6569762 | 434 | -90 | 0 | 1 | NA | |
| 23CGRC201 | 324771 | 6569768 | 434 | -90 | 0 | 1 | NA | |
| 23CGRC202 | 324766 | 6569753 | 434 | -90 | 0 | 1 | NA | |
| 23CGRC203 | 324760 | 6569753 | 435 | -90 | 0 | 1 | NA | |
| 23CGRC204 | 324798 | 6569737 | 432 | -90 | 0 | 1 | NA | |
| 23CGRC205 | 324805 | 6569745 | 432 | -90 | 0 | 1 | NA | |
| 23CGRC206 | 324795 | 6569751 | 432 | -90 | 0 | 1 | NA | |
| 23CGRC207 | 324791 | 6569743 | 432 | -90 | 0 | 1 | NA | |
| 23CGRC208 | 324792 | 6569738 | 432 | -90 | 0 | 1 | NA | |
| 23CGRC209 | 324817 | 6569714 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC210 | 324830 | 6569715 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC211 | 324844 | 6569716 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC212 | 324848 | 6569723 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC213 | 324838 | 6569724 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC214 | 324839 | 6569708 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC215 | 324835 | 6569700 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC216 | 324830 | 6569696 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC217 | 324826 | 6569706 | 430 | -90 | 0 | 1 | 23CGRC217 - [email protected]/t from 0m for(GxM 0.41) | |
| 23CGRC218 | 324820 | 6569698 | 430 | -90 | 0 | 1 | NA | |
| 23CGRC219 | 324824 | 6569719 | 431 | -90 | 0 | 1 | 23CGRC219 - [email protected]/t from 0m for(GxM 1.06) | |
| 23CGRC220 | 324923 | 6569721 | 431 | -90 | 0 | 6 | NA | |
| 23CGRC221 | 324917 | 6569715 | 431 | -90 | 0 | 6 | NA | |
| 23CGRC222 | 324911 | 6569707 | 431 | -90 | 0 | 6 | 23CGRC222 - [email protected]/t from 2m for(GxM 1.7) | |
| 23CGRC223 | 324905 | 6569699 | 431 | -90 | 0 | 6 | 23CGRC223 - [email protected]/t from 0m for(GxM 4.3) | |
| 23CGRC224 | 324904 | 6569679 | 430 | -90 | 0 | 6 | 23CGRC224 - [email protected]/t from 2m for(GxM 3.4) | |
| 23CGRC225 | 324908 | 6569685 | 431 | -90 | 0 | 6 | 23CGRC225 - [email protected]/t from 0m for(GxM 3.56) | |
| 23CGRC226 | 324913 | 6569693 | 431 | -90 | 0 | 6 | 23CGRC226 - [email protected]/t from 0m for(GxM 36.7) | |
| 23CGRC227 | 324919 | 6569701 | 430 | -90 | 0 | 6 | 23CGRC227 - [email protected]/t from 2m for(GxM 0.9) | |
| 23CGRC228 | 324925 | 6569709 | 431 | -90 | 0 | 6 | NA | |
| 23CGRC229 | 324931 | 6569717 | 431 | -90 | 0 | 6 | 23CGRC229 - [email protected]/t from 0m for(GxM 0.82) | |
| 23CGRC230 | 324936 | 6569709 | 430 | -90 | 0 | 6 | NA | |
| 23CGRC231 | 324933 | 6569703 | 431 | -90 | 0 | 6 | 23CGRC231 - [email protected]/t from 4m for(GxM 1.92) | |
| 23CGRC232 | 324927 | 6569695 | 430 | -90 | 0 | 6 | NA | |
| 23CGRC233 | 324922 | 6569687 | 430 | -90 | 0 | 6 | NA | |
| 23CGRC234 | 324916 | 6569679 | 430 | -90 | 0 | 6 | NA | |
| 23CGRC235 | 324911 | 6569672 | 430 | -90 | 0 | 6 | NA | |
| 23CGRC236 | 324917 | 6569666 | 429 | -90 | 0 | 6 | NA | |
| 23CGRC237 | 324924 | 6569673 | 429 | -90 | 0 | 6 | NA | |
| 23CGRC238 | 324930 | 6569681 | 430 | -90 | 0 | 6 | 23CGRC238 - [email protected]/t from 0m for(GxM 1) | |
| 23CGRC239 | 324952 | 6569713 | 429 | -90 | 0 | 4 | 23CGRC239 - [email protected]/t from 2m for(GxM 7.98) | |
| 23CGRC240 | 324960 | 6569708 | 428 | -90 | 0 | 4 | NA | |
| 23CGRC241 | 324966 | 6569695 | 426 | -90 | 0 | 2 | NA | |
| 23CGRC242 | 326308 | 6575456 | 405 | -90 | 0 | 1 | NA | |
| 23CGRC243 | 326316 | 6575469 | 406 | -90 | 0 | 1 | 23CGRC243 - [email protected]/t from 0m for(GxM 0.57) | |
| 23CGRC244 | 326325 | 6575480 | 407 | -90 | 0 | 2 | 23CGRC244 - [email protected]/t from 0m for(GxM 1.04) | |
| 23CGRC245 | 326339 | 6575490 | 407 | -90 | 0 | 2 | 23CGRC245 - [email protected]/t from 0m for(GxM 1.16) | |
| 23CGRC246 | 326351 | 6575498 | 407 | -90 | 0 | 2 | 23CGRC246 - [email protected]/t from 0m for(GxM 1.29) | |
| 23CGRC247 | 326364 | 6575506 | 406 | -90 | 0 | 2 | 23CGRC247 - [email protected]/t from 0m for(GxM 1.2) | |
| 23CGRC248 | 326361 | 6575511 | 406 | -90 | 0 | 2 | 23CGRC248 - [email protected]/t from 0m for(GxM 1.65) |
| Criteria | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | ||
|---|---|---|---|---|---|---|---|---|---|
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth **(MGA94) ** |
EOH (m) |
Intersection calculated using 0.4g/t cut off and up to 2m internal dilution |
||||
| 23CGRC249 | 326376 | 6575513 | 405 | -90 | 0 | 2 | 23CGRC249 - [email protected]/t from 0m for(GxM 1.31) | ||
| 23CGRC250 | 326390 | 6575521 | 404 | -90 | 0 | 1 | 23CGRC250 - [email protected]/t from 0m for(GxM 0.65) | ||
| 23CGRC251 | 326319 | 6575461 | 406 | -90 | 0 | 2 | 23CGRC251 - [email protected]/t from 0m for(GxM 1.09) | ||
| 23CGRC252 | 326330 | 6575472 | 406 | -90 | 0 | 2 | 23CGRC252 - [email protected]/t from 0m for(GxM 1.02) | ||
| 23CGRC253 | 326340 | 6575483 | 406 | -90 | 0 | 2 | 23CGRC253 - [email protected]/t from 0m for(GxM 1.06) | ||
| 23CGRC254 | 326355 | 6575494 | 406 | -90 | 0 | 3 | 23CGRC254 - [email protected]/t from 0m for(GxM 1.16) | ||
| 23CGRC255 | 326434 | 6575531 | 404 | -90 | 0 | 2 | 23CGRC255 - [email protected]/t from 0m for(GxM 1.48) | ||
| 23CGRC256 | 326443 | 6575550 | 404 | -90 | 0 | 2 | 23CGRC256 - [email protected]/t from 0m for(GxM 1.24) | ||
| 23CGRC257 | 326457 | 6575557 | 404 | -90 | 0 | 2 | 23CGRC257 - [email protected]/t from 0m for(GxM 1.29) | ||
| 23CGRC258 | 326471 | 6575563 | 404 | -90 | 0 | 2 | 23CGRC258 - [email protected]/t from 0m for(GxM 1.45) | ||
| 23CGRC259 | 326477 | 6575552 | 404 | -90 | 0 | 2 | 23CGRC259 - [email protected]/t from 0m for(GxM 1.21) | ||
| 23CGRC260 | 326463 | 6575544 | 405 | -90 | 0 | 2 | 23CGRC260 - [email protected]/t from 0m for(GxM 1.34) | ||
| 23CGRC261 | 326450 | 6575538 | 404 | -90 | 0 | 2 | 23CGRC261 - [email protected]/t from 0m for(GxM 1.46) | ||
| 23CGRC262 | 326486 | 6575537 | 403 | -90 | 0 | 2 | 23CGRC262 - [email protected]/t from 0m for(GxM 1.14) | ||
| 23CGRC263 | 326471 | 6575531 | 403 | -90 | 0 | 2 | 23CGRC263 - [email protected]/t from 0m for(GxM 1.1) | ||
| 23CGRC264 | 326459 | 6575525 | 403 | -90 | 0 | 2 | 23CGRC264 - [email protected]/t from 0m for(GxM 0.6) | ||
| 23CGRC265 | 326462 | 6575513 | 403 | -90 | 0 | 2 | 23CGRC265 - [email protected]/t from 0m for(GxM 0.42) | ||
| 23CGRC266 | 326476 | 6575520 | 404 | -90 | 0 | 2 | 23CGRC266 - [email protected]/t from 0m for(GxM 1.05) | ||
| 23CGRC267 | 326488 | 6575526 | 403 | -90 | 0 | 2 | 23CGRC267 - [email protected]/t from 0m for(GxM 1.55) | ||
| 23CGRC268 | 326078 | 6575182 | 410 | -90 | 0 | 2 | 23CGRC268 - [email protected]/t from 0m for(GxM 0.92) | ||
| 23CGRC269 | 326065 | 6575183 | 410 | -90 | 0 | 2 | 23CGRC269 - [email protected]/t from 0m for(GxM 1.85) | ||
| 23CGRC270 | 326049 | 6575184 | 410 | -90 | 0 | 2 | 23CGRC270 - [email protected]/t from 0m for(GxM 4.87) | ||
| 23CGRC271 | 326034 | 6575183 | 411 | -90 | 0 | 2 | 23CGRC271 - [email protected]/t from 0m for(GxM 3.84) | ||
| 23CGRC272 | 326002 | 6575153 | 411 | -90 | 0 | 2 | 23CGRC272 - [email protected]/t from 0m for(GxM 8.9) | ||
| 23CGRC273 | 326018 | 6575154 | 411 | -90 | 0 | 2 | 23CGRC273 - [email protected]/t from 0m for(GxM 3.86) | ||
| 23CGRC274 | 326032 | 6575154 | 411 | -90 | 0 | 2 | 23CGRC274 - [email protected]/t from 1m for(GxM 0.87) | ||
| 23CGRC275 | 326047 | 6575154 | 411 | -90 | 0 | 2 | 23CGRC275 - [email protected]/t from 0m for(GxM 0.94) | ||
| 23CGRC276 | 326062 | 6575154 | 411 | -90 | 0 | 2 | 23CGRC276 - [email protected]/t from 0m for(GxM 1.22) | ||
| 23CGRC277 | 326076 | 6575154 | 410 | -90 | 0 | 2 | 23CGRC277 - [email protected]/t from 0m for(GxM 1.33) | ||
| 23CGRC278 | 326064 | 6575138 | 411 | -90 | 0 | 2 | 23CGRC278 - [email protected]/t from 0m for(GxM 0.88) | ||
| 23CGRC279 | 326048 | 6575137 | 411 | -90 | 0 | 2 | 23CGRC279 - [email protected]/t from 0m for(GxM 1) | ||
| 23CGRC280 | 326033 | 6575138 | 411 | -90 | 0 | 2 | 23CGRC280 - [email protected]/t from 0m for(GxM 0.9) | ||
| 23CGRC281 | 326019 | 6575138 | 411 | -90 | 0 | 2 | 23CGRC281 - [email protected]/t from 1m for(GxM 0.58) | ||
| 23CGRC282 | 326006 | 6575137 | 411 | -90 | 0 | 2 | NA | ||
| 23CGRC283 | 325990 | 6575260 | 409 | -90 | 0 | 2 | 23CGRC283 - [email protected]/t from 0m for(GxM 0.45) | ||
| 23CGRC284 | 325990 | 6575246 | 410 | -90 | 0 | 2 | 23CGRC284 - [email protected]/t from 1m for(GxM 0.48) | ||
| 23CGRC285 | 325975 | 6575215 | 411 | -90 | 0 | 3 | 23CGRC285 - [email protected]/t from 1m for(GxM 1.24) | ||
| 23CGRC286 | 325975 | 6575229 | 411 | -90 | 0 | 3 | 23CGRC286 - [email protected]/t from 0m for(GxM 3.33) | ||
| 23CGRC287 | 325975 | 6575245 | 411 | -90 | 0 | 3 | 23CGRC287 - [email protected]/t from 1m for(GxM 0.55) | ||
| 23CGRC288 | 325975 | 6575259 | 411 | -90 | 0 | 3 | 23CGRC288 - [email protected]/t from 1m for(GxM 1.69) | ||
| 23CGRC289 | 325975 | 6575274 | 411 | -90 | 0 | 3 | 23CGRC289 - [email protected]/t from 0m for(GxM 1.37) | ||
| 23CGRC290 | 325975 | 6575289 | 411 | -90 | 0 | 3 | 23CGRC290 - [email protected]/t from 0m for(GxM 2.1) | ||
| 23CGRC291 | 325962 | 6575285 | 411 | -90 | 0 | 3 | 23CGRC291 - [email protected]/t from 0m for(GxM 1.83) | ||
| 23CGRC292 | 325960 | 6575275 | 411 | -90 | 0 | 3 | 23CGRC292 - [email protected]/t from 0m for(GxM 2.38) | ||
| 23CGRC293 | 325961 | 6575260 | 411 | -90 | 0 | 3 | 23CGRC293 - [email protected]/t from 0m for(GxM 1.5) | ||
| 23CGRC294 | 325960 | 6575244 | 412 | -90 | 0 | 3 | 23CGRC294 - [email protected]/t from 1m for(GxM 1.56) | ||
| 23CGRC295 | 325961 | 6575230 | 412 | -90 | 0 | 3 | 23CGRC295 - [email protected]/t from 2m for(GxM 1.1) | ||
| 23CGRC296 | 325961 | 6575215 | 411 | -90 | 0 | 3 | 23CGRC296 - [email protected]/t from 1m for(GxM 1.07) | ||
| 23CGRC297 | 325945 | 6575215 | 412 | -90 | 0 | 3 | 23CGRC297 - [email protected]/t from 0m for(GxM 1.64) | ||
| 23CGRC298 | 325944 | 6575229 | 412 | -90 | 0 | 3 | 23CGRC298 - [email protected]/t from 0m for(GxM 2) | ||
| 23CGRC299 | 325945 | 6575245 | 412 | -90 | 0 | 3 | 23CGRC299 - [email protected]/t from 1m for(GxM 1.59) | ||
| 23CGRC300 | 325945 | 6575260 | 412 | -90 | 0 | 3 | 23CGRC300 - [email protected]/t from 0m for(GxM 2.54) | ||
| 23CGRC301 | 325944 | 6575276 | 411 | -90 | 0 | 3 | 23CGRC301 - [email protected]/t from 0m for(GxM 3.43) | ||
| 23CGRC302 | 325946 | 6575284 | 411 | -90 | 0 | 3 | 23CGRC302 - [email protected]/t from 0m for(GxM 3.09) | ||
| 23CGRC303 | 325930 | 6575290 | 412 | -90 | 0 | 3 | 23CGRC303 - [email protected]/t from 0m for(GxM 2.23) | ||
| 23CGRC304 | 325927 | 6575276 | 412 | -90 | 0 | 3 | 23CGRC304 - [email protected]/t from 1m for(GxM 2.24) | ||
| 23CGRC305 | 325930 | 6575260 | 412 | -90 | 0 | 3 | 23CGRC305 - [email protected]/t from 0m for(GxM 2.86) | ||
| 23CGRC306 | 325931 | 6575246 | 412 | -90 | 0 | 3 | 23CGRC306 - 3m@1g/t from 0m for(GxM 3.01) | ||
| 23CGRC307 | 325932 | 6575228 | 412 | -90 | 0 | 3 | 23CGRC307 - [email protected]/t from 0m for(GxM 1.51) | ||
| 23CGRC308 | 325930 | 6575215 | 413 | -90 | 0 | 3 | 23CGRC308 - [email protected]/t from 0m for(GxM 2.57) | ||
| 23CGRC309 | 325915 | 6575215 | 413 | -90 | 0 | 3 | 23CGRC309 - 3m@1g/t from 0m for(GxM 3) | ||
| 23CGRC310 | 325915 | 6575230 | 411 | -90 | 0 | 3 | 23CGRC310 - [email protected]/t from 0m for(GxM 0.41) | ||
| 23CGRC310 - [email protected]/t from 2m for(GxM 0.42) | |||||||||
Market Announcement | Page 89 of 96
| Criteria | Commentary |
|---|---|
| Hole ID Easting Northing RL Dip Azimuth EOH Intersection calculated using (MGA94) (m) 0.4g/t cut off and up to 2m internal dilution 23CGRC311 325914 6575241 411 -90 0 3 23CGRC311 - [email protected]/t from 0m for(GxM 2.15) 23CGRC312 325901 6575246 411 -90 0 3 23CGRC312 - [email protected]/t from 0m for(GxM 3.68) 23CGRC313 325885 6575245 413 -90 0 3 23CGRC313 - [email protected]/t from 0m for(GxM 0.98) 23CGRC314 325871 6575260 413 -90 0 2 23CGRC314 - [email protected]/t from 0m for(GxM 0.55) 23CGRC315 325885 6575256 412 -90 0 2 23CGRC315 - [email protected]/t from 0m for(GxM 0.76) 23CGRC316 325898 6575258 412 -90 0 3 23CGRC316 - [email protected]/t from 0m for(GxM 0.64) 23CGRC317 325900 6575275 412 -90 0 3 23CGRC317 - [email protected]/t from 0m for(GxM 1.81) 23CGRC318 325900 6575290 412 -90 0 3 23CGRC318 - [email protected]/t from 0m for(GxM 1.77) 23CGRC319 325900 6575305 412 -90 0 3 23CGRC319 - [email protected]/t from 0m for(GxM 2.02) 23CGRC320 325883 6575299 412 -90 0 3 23CGRC320 - [email protected]/t from 0m for(GxM 1.01) 23CGRC321 325885 6575290 412 -90 0 3 23CGRC321 - [email protected]/t from 0m for(GxM 1.66) 23CGRC322 325871 6575290 411 -90 0 2 NA 23CGRC323 325872 6575275 412 -90 0 2 23CGRC323 - [email protected]/t from 0m for(GxM 0.65) 23CGRC324 325885 6575275 412 -90 0 3 23CGRC324 - [email protected]/t from 0m for(GxM 1.5) 23CGRC325 325856 6575290 413 -90 0 2 NA 23CGRC326 325858 6575300 413 -90 0 2 NA 23CGRC327 325854 6575304 413 -90 0 2 NA 23CGRC328 325794 6575215 415 -90 0 2 NA 23CGRC329 325809 6575215 415 -90 0 2 NA 23CGRC330 325824 6575214 415 -90 0 2 NA 23CGRC331 325824 6575200 415 -90 0 2 NA 23CGRC332 325839 6575201 415 -90 0 2 NA 23CGRC333 325810 6575200 415 -90 0 2 NA 23CGRC334 325795 6575200 414 -90 0 2 NA 23CGRC335 325795 6575186 414 -90 0 2 NA 23CGRC336 325811 6575185 415 -90 0 2 NA 23CGRC337 325823 6575185 415 -90 0 2 NA 23CGRC338 325840 6575185 415 -90 0 2 NA 23CGRC339 325840 6575170 415 -90 0 2 NA 23CGRC340 325825 6575172 415 -90 0 2 NA 23CGRC341 325810 6575169 415 -90 0 2 NA 23CGRC342 325795 6575170 414 -90 0 2 NA 23CGRC343 325796 6575156 415 -90 0 2 NA 23CGRC344 325810 6575155 414 -90 0 2 NA 23CGRC345 325841 6575140 413 -90 0 2 NA 23CGRC346 325852 6575124 413 -90 0 2 NA 23CGRC347 325868 6575122 414 -90 0 2 NA 23CGRC348 325842 6575111 413 -90 0 1 NA 23CGRC349 325853 6575108 413 -90 0 1 23CGRC349 - [email protected]/t from 0m for(GxM 0.49) 23CGRC350 325868 6575109 414 -90 0 2 NA 23CGRC351 325882 6575108 414 -90 0 2 NA 23CGRC352 325893 6575108 413 -90 0 2 NA 23CGRC353 325992 6575099 413 -90 0 2 NA 23CGRC354 325976 6575094 412 -90 0 2 23CGRC354 - [email protected]/t from 0m for(GxM 0.51) 23CGRC355 325973 6575108 412 -90 0 2 NA 23CGRC356 325972 6575122 412 -90 0 2 NA 23CGRC357 325978 6575138 412 -90 0 2 23CGRC357 - [email protected]/t from 0m for(GxM 0.96) 23CGRC358 325973 6575152 412 -90 0 2 23CGRC358 - 2m @ 1.44 g/t from 0m for (GxM 2.87) 23CGRC359 325983 6575141 412 -90 0 1 NA 23CGRC360 325958 6575112 413 -90 0 1 23CGRC360 - 1m @ 0.5 g/t from 0m for (GxM 0.5) 23CGRC361 325943 6575109 414 -90 0 2 NA 23CGRC362 325931 6575107 414 -90 0 1 NA 23CGRC363 325912 6575108 414 -90 0 2 NA 23CGRC364 325959 6575095 413 -90 0 1 NA 23CGRC365 325945 6575095 413 -90 0 2 23CGRC365 - 2m @ 0.97 g/t from 0m for (GxM 1.94) 23CGRC366 325930 6575095 413 -90 0 2 23CGRC366 - [email protected]/t from 1m for(GxM 0.53) 23CGRC367 325915 6575096 413 -90 0 2 23CGRC367 - [email protected]/t from 0m for(GxM 2.23) 23CGRC368 325900 6575095 413 -90 0 2 23CGRC368 - [email protected]/t from 0m for(GxM 2.11) 23CGRC369 325885 6575095 413 -90 0 2 NA 23CGRC370 325870 6575095 413 -90 0 2 NA 23CGRC371 325856 6575097 413 -90 0 2 23CGRC371 - [email protected]/t from 0m for(GxM 3.13) 23CGRC372 325842 6575096 413 -90 0 2 23CGRC372 - [email protected]/t from 0m for(GxM 1.52) 23CGRC373 325845 6575089 413 -90 0 2 23CGRC373 - [email protected]/t from 0m for(GxM 0.91) (MGA 94 Zone 51) |
| Criteria | Commentary |
|---|---|
| Hole ID Easting Northing RL Dip Azimuth EOH Intersection calculated using (MGA94) (m) 0.4g/t cut off and up to 2m internal dilution 23CGRC374 325853 6575080 413 -90 0 2 NA 23CGRC375 325870 6575080 413 -90 0 2 NA 23CGRC376 325884 6575079 413 -90 0 2 23CGRC376 - [email protected]/t from 0m for(GxM 0.88) 23CGRC377 325899 6575080 412 -90 0 2 23CGRC377 - [email protected]/t from 1m for(GxM 0.71) 23CGRC378 325916 6575078 412 -90 0 2 23CGRC378 - [email protected]/t from 0m for(GxM 2.21) 23CGRC379 325930 6575077 413 -90 0 2 23CGRC379 - [email protected]/t from 0m for(GxM 1.36) 23CGRC380 325945 6575080 412 -90 0 2 NA 23CGRC381 325961 6575079 412 -90 0 2 23CGRC381 - [email protected]/t from 0m for(GxM 0.94) 23CGRC382 325974 6575079 412 -90 0 2 23CGRC382 - [email protected]/t from 1m for(GxM 0.69) 23CGRC383 325988 6575078 411 -90 0 2 23CGRC383 - [email protected]/t from 0m for(GxM 0.98) 23CGRC384 325975 6575065 411 -90 0 2 23CGRC384 - [email protected]/t from 1m for(GxM 0.61) 23CGRC385 325960 6575069 412 -90 0 2 NA 23CGRC386 325945 6575067 412 -90 0 2 NA 23CGRC387 325930 6575065 412 -90 0 2 23CGRC387 - [email protected]/t from 1m for(GxM 0.44) 23CGRC388 325915 6575064 412 -90 0 2 23CGRC388 - [email protected]/t from 1m for(GxM 0.76) 23CGRC389 325900 6575065 412 -90 0 2 23CGRC389 - [email protected]/t from 0m for(GxM 2.92) 23CGRC390 325885 6575065 413 -90 0 2 23CGRC390 - [email protected]/t from 0m for(GxM 0.49) 23CGRC391 325871 6575065 413 -90 0 2 23CGRC391 - [email protected]/t from 0m for(GxM 0.57) 23CGRC392 325855 6575065 412 -90 0 2 NA 23CGRC393 325855 6575050 412 -90 0 2 NA 23CGRC394 325870 6575050 412 -90 0 2 23CGRC394 - [email protected]/t from 0m for(GxM 0.77) 23CGRC395 325884 6575050 413 -90 0 2 23CGRC395 - [email protected]/t from 1m for(GxM 0.54) 23CGRC396 325885 6575036 412 -90 0 2 NA 23CGRC397 325899 6575051 412 -90 0 2 23CGRC397 - [email protected]/t from 0m for(GxM 0.87) 23CGRC398 326078 6575167 410 -90 0 2 23CGRC398 - [email protected]/t from 0m for(GxM 1.14) 23CGRC399 326064 6575166 411 -90 0 2 23CGRC399 - [email protected]/t from 0m for(GxM 2.36) 23CGRC400 326048 6575167 411 -90 0 2 23CGRC400 - [email protected]/t from 0m for(GxM 1.34) 23CGRC401 326032 6575167 411 -90 0 2 23CGRC401 - [email protected]/t from 0m for(GxM 1.3) 23CGRC402 326019 6575167 411 -90 0 2 23CGRC402 - [email protected]/t from 0m for(GxM 2.61) 23CGRC403 326004 6575167 411 -90 0 2 23CGRC403 - [email protected]/t from 0m for(GxM 1.93) 23CGRC404 325987 6575153 412 -90 0 2 23CGRC404 - [email protected]/t from 0m for(GxM 2.33) 23CGRC405 326019 6575183 411 -90 0 2 23CGRC405 - [email protected]/t from 0m for(GxM 2.76) 23CGRC406 326004 6575183 411 -90 0 2 23CGRC406 - [email protected]/t from 0m for(GxM 2.66) 23CGRC407 325989 6575184 411 -90 0 2 23CGRC407 - [email protected]/t from 0m for(GxM 1.15) 23CGRC408 325972 6575184 411 -90 0 2 23CGRC408 - [email protected]/t from 1m for(GxM 0.56) 23CGRC409 325957 6575181 414 -90 0 3 23CGRC409 - [email protected]/t from 0m for(GxM 2.26) 23CGRC410 325945 6575183 414 -90 0 3 23CGRC410 - [email protected]/t from 0m for(GxM 1.9) 23CGRC411 325929 6575182 414 -90 0 3 23CGRC411 - [email protected]/t from 0m for(GxM 2.1) 23CGRC412 325930 6575195 414 -90 0 3 23CGRC412 - [email protected]/t from 0m for(GxM 0.87) 23CGRC413 325929 6575167 414 -90 0 3 23CGRC413 - [email protected]/t from 0m for(GxM 0.99) 23CGRC414 325928 6575154 414 -90 0 3 23CGRC414 - 3m @ 1.23 g/t from 0m for (GxM 3.7) 23CGRC415 325928 6575138 414 -90 0 3 23CGRC415 - 3m @ 1.46 g/t from 0m for (GxM 4.38) 23CGRC416 325915 6575140 414 -90 0 3 23CGRC416 - 1m @ 0.85 g/t from 0m for (GxM 0.85) 23CGRC417 325900 6575139 416 -90 0 2 NA 23CGRC418 325886 6575139 417 -90 0 2 NA 23CGRC419 325883 6575124 415 -90 0 2 NA 23CGRC420 325897 6575124 415 -90 0 2 23CGRC420 - [email protected]/t from 1m for(GxM 0.46) 23CGRC421 325913 6575124 414 -90 0 2 NA 23CGRC422 325927 6575124 414 -90 0 2 23CGRC422 - [email protected]/t from 1m for(GxM 0.4) 23CGRC423 325943 6575125 414 -90 0 3 23CGRC423 - 2m @ 0.52 g/t from 1m for (GxM 1.03) 23CGRC424 325943 6575138 414 -90 0 3 23CGRC424 - [email protected]/t from 2m for(GxM 0.67) 23CGRC425 325942 6575154 413 -90 0 3 23CGRC425 - [email protected]/t from 0m for(GxM 1.11) 23CGRC426 325944 6575167 413 -90 0 3 23CGRC426 - [email protected]/t from 1m for(GxM 0.65) 23CGRC427 325958 6575167 413 -90 0 3 23CGRC427 - [email protected]/t from 0m for(GxM 3.31) 23CGRC428 325958 6575152 413 -90 0 3 23CGRC428 - 3m @ 0.6 g/t from 0m for (GxM 1.81) 23CGRC429 325958 6575139 414 -90 0 3 23CGRC429 - [email protected]/t from 1m for(GxM 0.74) 23CGRC430 325958 6575123 414 -90 0 3 23CGRC430 - [email protected]/t from 0m for(GxM 1.93) 23CGRC431 325950 6575199 412 -90 0 2 23CGRC431 - [email protected]/t from 0m for(GxM 4.25) 23CGRC432 325959 6575200 412 -90 0 2 23CGRC432 - [email protected]/t from 1m for(GxM 0.71) 23CGRC433 325974 6575203 411 -90 0 2 23CGRC433 - 2m @ 0.91 g/t from 0m for (GxM 1.82) 23CGRC434 325990 6575200 411 -90 0 2 23CGRC434 - [email protected]/t from 0m for(GxM 2.57) 23CGRC435 326004 6575199 411 -90 0 2 23CGRC435 - [email protected]/t from 0m for(GxM 2.8) 23CGRC436 326020 6575196 411 -90 0 2 23CGRC436 - [email protected]/t from 0m for(GxM 1.85) (MGA 94 Zone 51) |
Market Announcement | Page 91 of 96
| Criteria | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | |
|---|---|---|---|---|---|---|---|---|---|
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth **(MGA94) ** |
EOH (m) |
Intersection calculated using 0.4g/t cut off and up to 2m internal dilution |
||||
| 23DNRC102 | 325139 | 6569000 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC103 | 325149 | 6569001 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC104 | 325161 | 6569007 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC105 | 325178 | 6569013 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC106 | 325192 | 6569016 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC107 | 325206 | 6569016 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC108 | 325223 | 6569019 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC109 | 325237 | 6569023 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC110 | 325251 | 6569027 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC111 | 325266 | 6569031 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC112 | 325281 | 6569033 | 418 | -90 | 0 | 3 | NA | ||
| 23DNRC113 | 325294 | 6569035 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC114 | 325312 | 6569041 | 419 | -90 | 0 | 3 | 23DNRC114 - [email protected]/t from 2m for(GxM 0.4) | ||
| 23DNRC115 | 325307 | 6569051 | 419 | -90 | 0 | 3 | 23DNRC115 - [email protected]/t from 1m for(GxM 0.46) | ||
| 23DNRC116 | 325292 | 6569049 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC117 | 325278 | 6569046 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC118 | 325264 | 6569042 | 419 | -90 | 0 | 3 | 23DNRC118 - [email protected]/t from 2m for(GxM 0.91) | ||
| 23DNRC119 | 325249 | 6569039 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC120 | 325234 | 6569035 | 419 | -90 | 0 | 3 | NA | ||
| 23DNRC121 | 325220 | 6569032 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC122 | 325205 | 6569029 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC123 | 325190 | 6569026 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC124 | 325175 | 6569022 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC125 | 325162 | 6569019 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC126 | 325146 | 6569016 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC127 | 325133 | 6569012 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC128 | 325130 | 6569028 | 420 | -90 | 0 | 3 | NA | ||
| 23DNRC129 | 325142 | 6569030 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC130 | 325157 | 6569034 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC131 | 325172 | 6569037 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC132 | 325186 | 6569041 | 421 | -90 | 0 | 5 | NA | ||
| 23DNRC133 | 325201 | 6569044 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC134 | 325215 | 6569047 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC135 | 325230 | 6569050 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC136 | 325245 | 6569054 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC137 | 325259 | 6569057 | 420 | -90 | 0 | 4 | 23DNRC137 - [email protected]/t from 3m for(GxM 0.76) | ||
| 23DNRC138 | 325275 | 6569060 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC139 | 325289 | 6569064 | 419 | -90 | 0 | 4 | NA | ||
| 23DNRC140 | 325303 | 6569067 | 419 | -90 | 0 | 4 | NA | ||
| 23DNRC141 | 325298 | 6569075 | 419 | -90 | 0 | 4 | NA | ||
| 23DNRC142 | 325286 | 6569078 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC143 | 325271 | 6569074 | 420 | -90 | 0 | 4 | NA | ||
| 23DNRC144 | 325257 | 6569071 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC145 | 325242 | 6569068 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC146 | 325228 | 6569065 | 421 | -90 | 0 | 3 | NA | ||
| 23DNRC147 | 325213 | 6569061 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC148 | 325198 | 6569058 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC149 | 325183 | 6569054 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC150 | 325169 | 6569051 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC151 | 325154 | 6569048 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC152 | 325140 | 6569045 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC153 | 325127 | 6569041 | 421 | -90 | 0 | 4 | NA | ||
| 23DNRC154 | 325129 | 6569052 | 421 | -90 | 0 | 4 | 23DNRC154 - [email protected]/t from 0m for(GxM 0.41) | ||
| 23DNRC155 | 325136 | 6569054 | 421 | -90 | 0 | 3 | NA | ||
| 23DNRC156 | 325149 | 6569060 | 421 | -90 | 0 | 4 | 23DNRC156 - [email protected]/t from 2m for(GxM 1.62) | ||
| 23DNRC157 | 325163 | 6569068 | 422 | -90 | 0 | 3 | 23DNRC157 - [email protected]/t from 1m for(GxM 1.28) | ||
| 23DNRC158 | 325165 | 6569066 | 422 | -90 | 0 | 3 | 23DNRC158 - [email protected]/t from 1m for(GxM 0.41) | ||
| 23DNRC159 | 325180 | 6569070 | 422 | -90 | 0 | 3 | NA | ||
| 23DNRC160 | 325177 | 6569079 | 422 | -90 | 0 | 2 | NA | ||
| 23DNRC161 | 325194 | 6569073 | 422 | -90 | 0 | 3 | 23DNRC161 - [email protected]/t from 1m for(GxM 0.51) | ||
| 23DNRC162 | 325192 | 6569084 | 422 | -90 | 0 | 2 | 23DNRC162 - [email protected]/t from 1m for(GxM 0.44) | ||
| 23DNRC163 | 325209 | 6569077 | 422 | -90 | 0 | 4 | 23DNRC163 - [email protected]/t from 0m for(GxM 0.46) |
| Criteria | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | ||
|---|---|---|---|---|---|---|---|---|---|
| Hole ID | Easting Northing RL (MGA 94 Zone 51) |
**Dip ** | Azimuth **(MGA94) ** |
EOH (m) |
Intersection calculated using 0.4g/t cut off and up to 2m internal dilution |
||||
| 23DNRC164 | 325224 | 6569079 | 422 | -90 | 0 | 4 | NA | ||
| 23DNRC165 | 325238 | 6569082 | 422 | -90 | 0 | 4 | NA | ||
| 23DNRC166 | 325252 | 6569086 | 421 | -90 | 0 | 4 | 23DNRC166 - [email protected]/t from 0m for(GxM 1.7) | ||
| 23DNRC167 | 325268 | 6569089 | 421 | -90 | 0 | 4 | 23DNRC167 - [email protected]/t from 1m for(GxM 0.41) | ||
| 23DNRC168 | 325283 | 6569093 | 420 | -90 | 0 | 3 | 23DNRC168 - [email protected]/t from 2m for(GxM 0.55) | ||
| 23DNRC169 | 325291 | 6569109 | 418 | -90 | 0 | 1 | NA | ||
| 23DNRC170 | 325307 | 6569099 | 418 | -90 | 0 | 2 | 23DNRC170 - [email protected]/t from 0m for(GxM 0.58) | ||
| 23DNRC171 | 325317 | 6569086 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC172 | 325332 | 6569076 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC173 | 325341 | 6569075 | 418 | -90 | 0 | 1 | NA | ||
| 23DNRC174 | 325351 | 6569078 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC175 | 325361 | 6569080 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC176 | 325371 | 6569082 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC177 | 325381 | 6569084 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC178 | 325377 | 6569097 | 416 | -90 | 0 | 2 | NA | ||
| 23DNRC179 | 325368 | 6569097 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC180 | 325357 | 6569094 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC181 | 325348 | 6569092 | 418 | -90 | 0 | 2 | 23DNRC181 - [email protected]/t from 1m for(GxM 0.42) | ||
| 23DNRC182 | 325338 | 6569090 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC183 | 325327 | 6569087 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC184 | 325322 | 6569104 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC185 | 325336 | 6569109 | 417 | -90 | 0 | 2 | 23DNRC185 - [email protected]/t from 1m for(GxM 0.42) | ||
| 23DNRC186 | 325343 | 6569106 | 418 | -90 | 0 | 2 | NA | ||
| 23DNRC187 | 325355 | 6569106 | 417 | -90 | 0 | 2 | NA | ||
| 23DNRC188 | 325328 | 6569121 | 416 | -90 | 0 | 2 | 23DNRC188 - [email protected]/t from 0m for(GxM 0.91) | ||
| 23DNRC189 | 325316 | 6569118 | 416 | -90 | 0 | 2 | NA | ||
| 23DNRC190 | 325302 | 6569113 | 418 | -90 | 0 | 3 | 23DNRC190 - [email protected]/t from 0m for(GxM 0.42) | ||
| 23TMRC001 | 327562 | 6576568 | 419 | -90 | 0 | 6 | 23TMRC001 - [email protected]/t from 4m for(GxM 0.4) | ||
| 23TMRC002 | 327570 | 6576553 | 418 | -90 | 0 | 4 | 23TMRC002 - [email protected]/t from 0m for(GxM 3.45) | ||
| 23TMRC003 | 327569 | 6576568 | 419 | -90 | 0 | 6 | 23TMRC003 - [email protected]/t from 0m for(GxM 0.54) | ||
| 23TMRC003 | 327569 | 6576568 | 419 | -90 | 0 | 6 | 23TMRC003 - [email protected]/t from 2m for(GxM 1.83) | ||
| 23TMRC004 | 327570 | 6576583 | 420 | -90 | 0 | 10 | 23TMRC004 - [email protected]/t from 2m for(GxM 2.84) | ||
| 23TMRC005 | 327577 | 6576594 | 420 | -90 | 0 | 10 | 23TMRC005 - [email protected]/t from 0m for(GxM 0.54) | ||
| 23TMRC005 - [email protected]/t from 4m for(GxM 0.62) | |||||||||
| 23TMRC006 | 327584 | 6576539 | 417 | -90 | 0 | 4 | 23TMRC006 - [email protected]/t from 0m for(GxM 0.71) | ||
| 23TMRC007 | 327585 | 6576554 | 418 | -90 | 0 | 5 | 23TMRC007 - [email protected]/t from 0m for(GxM 4.03) | ||
| 23TMRC008 | 327584 | 6576568 | 419 | -90 | 0 | 10 | 23TMRC008 - [email protected]/t from 0m for(GxM 2.77) | ||
| 23TMRC009 | 327584 | 6576583 | 420 | -90 | 0 | 12 | 23TMRC009 - [email protected]/t from 0m for(GxM 8.21) | ||
| 23TMRC010 | 327585 | 6576599 | 420 | -90 | 0 | 10 | 23TMRC010 - [email protected]/t from 0m for(GxM 1.41) | ||
| 23TMRC011 | 327586 | 6576607 | 420 | -90 | 0 | 10 | 23TMRC011 - [email protected]/t from 0m for(GxM 4.87) | ||
| 23TMRC012 | 327600 | 6576540 | 0 | -90 | 0 | 4 | NA | ||
| 23TMRC013 | 327596 | 6576554 | 418 | -90 | 0 | 5 | 23TMRC013 - [email protected]/t from 0m for(GxM 6.23) | ||
| 23TMRC014 | 327598 | 6576569 | 419 | -90 | 0 | 10 | 23TMRC014 - [email protected]/t from 0m for(GxM 3.43) | ||
| 23TMRC015 | 327599 | 6576584 | 420 | -90 | 0 | 12 | 23TMRC015 - [email protected]/t from 2m for(GxM 3.48) | ||
| 23TMRC016 | 327599 | 6576598 | 420 | -90 | 0 | 10 | 23TMRC016 - [email protected]/t from 0m for(GxM 0.42) | ||
| 23TMRC017 | 327599 | 6576612 | 420 | -90 | 0 | 9 | 23TMRC017 - [email protected]/t from 0m for(GxM 5.1) | ||
| 23TMRC017 - [email protected]/t from 8m for(GxM 0.54) | |||||||||
| 23TMRC018 | 327615 | 6576555 | 0 | -90 | 0 | 10 | |||
| 23TMRC019 | 327618 | 6576571 | 421 | -90 | 0 | 10 | 23TMRC019 - [email protected]/t from 3m for(GxM 1.37) | ||
| 23TMRC020 | 327614 | 6576584 | 421 | -90 | 0 | 10 | 23TMRC020 - [email protected]/t from 1m for(GxM 2.58) | ||
| 23TMRC021 | 327614 | 6576598 | 421 | -90 | 0 | 10 | 23TMRC021 - [email protected]/t from 0m for(GxM 1.53) | ||
| 23TMRC022 | 327614 | 6576614 | 421 | -90 | 0 | 10 | 23TMRC022 - [email protected]/t from 0m for(GxM 2.01) | ||
| 23TMRC023 | 327630 | 6576555 | 0 | -90 | 0 | 10 | NA | ||
| 23TMRC024 | 327630 | 6576568 | 421 | -90 | 0 | 10 | 23TMRC024 - [email protected]/t from 0m for(GxM 3.02) | ||
| 23TMRC025 | 327629 | 6576584 | 421 | -90 | 0 | 10 | 23TMRC025 - [email protected]/t from 0m for(GxM 0.47) | ||
| 23TMRC026 | 327629 | 6576598 | 421 | -90 | 0 | 10 | 23TMRC026 - [email protected]/t from 0m for(GxM 1.42) | ||
| 23TMRC027 | 327629 | 6576613 | 421 | -90 | 0 | 9 | |||
| 23TMRC028 | 327643 | 6576572 | 421 | -90 | 0 | 10 | 23TMRC028 - [email protected]/t from 0m for(GxM 1.85) | ||
| 23TMRC029 | 327644 | 6576584 | 421 | -90 | 0 | 10 | NA | ||
| 23TMRC030 | 327644 | 6576598 | 421 | -90 | 0 | 10 | 23TMRC030 - [email protected]/t from 0m for(GxM 0.69) | ||
| 23TMRC031 | 327639 | 6576608 | 421 | -90 | 0 | 16 | 23TMRC031 - [email protected]/t from 0m for(GxM 0.65) | ||
Market Announcement | Page 93 of 96
| Criteria | Commentary |
|---|---|
| Data aggregation methods |
• Mineralised intersections are reported at a 0.4g/t Au cut-off with a minimum reporting width of 1m for RC holes |
| Relationship between mineralisation widths and intercept lengths |
• Holes were drilled orthogonal to deposits as much as possible |
| Diagrams | • Refer to Figures and Tables in body of the release. |
| Balanced reporting | • The majority of historic drill assay results used in this estimation are published in previous news releases. |
| Other substantive exploration data |
• There is no other material exploration data to report at this time. |
| Further work | • Metallurgical testwork on selected representative samples is still in progress |
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section)
| Criteria | Commentary |
|---|---|
| Database integrity | • Data was geologically logged electronically; collar and downhole surveys were also received electronically as was the laboratory analysis results. These electronic files were loaded into an acQuire database by either consultants rOREdata or the company in-house Database Administrator. Data was routinely extracted to Microsoft Access during the drilling program for validation by the geologist in charge of the project. • FML’s database is a Microsoft SQL Server database (acQuire), which is case sensitive, relational, and normalised to the Third Normal Form. As a result of normalisation, the following data integrity categories exist: • Entity Integrity: no duplicate rows in a table, eliminated redundancy and chance of error. • Domain Integrity: Enforces valid entries for a given column by restricting the type, the format, or a range of values. • Referential Integrity: Rows cannot be deleted which are used by other records. • User-Defined Integrity: business rules enforced by acQuire and validation codes set up by FML. • Additionally, in-house validation scripts are routinely run in acQuire on FML’s database and they include the following checks: • Missing collar information • Missing logging, sampling, downhole survey data and hole diameter • Overlapping intervals in geological logging, sampling, down hole surveys • Checks for character data in numeric fields • Data extracted from the database were validated visually in Datamine Studio software and ARANZ Geo Leapfrog software. Also, when loading the data any errors regarding missing values and overlaps are highlighted. |
| Site visits | • Alex Aaltonen, the Competent Person for Sections 1 and 2 of Table 1 is FML’s General Manager of Exploration and Geology, conducts regular site visits. • Hannah Kosovich, the Competent Person for Section 3 of Table 1 is FML’s Resource Geologist and has conducted site visits in the past. |
| Criteria | Commentary |
|---|---|
| Geological interpretation |
• All available drill hole and historic mining data was used to guide the geological interpretation of the mineralisation. • An approximate cut-off grade of 0.4g/t was implemented. Some internal dilution was included for consistency. • The mineralised geological interpretation was constructed in Seequent Leapfrog Geo software. • The stockpiles and tails were interpreted in Leapfrog Geo software with solids constructed within the surveyed deposits around zones of consistently thicker mineralisation. Cut off for the previously milled quartz vein tails is estimated at 0.4 g/t and mineable/recoverable volumes have been built that exceed this cut off. Furthermore, where consistently higher metal content areas were delineated, these were sub domained and estimated separately. |
| Dimensions | • The historic stockpiles and tails averaged 2 -3m thickness with variable extents. The largest extending ~ 200m x 150m, smaller tails around 30m x 30m. Within each stockpile the recoverable volumes varied from 719m3 to 42,219m3. |
| Estimation and modelling techniques |
• The tails stockpiles were estimated in Datamine software by Inverse Distance (ID2) into a separate unrotated block model in MGA 94 grid, with a parent block size of 5 mE x 5 mN x 1 mRL – ½ the average drill spacing. Sub-blocking was used to best fill the wireframes and inherit the grade of the parent block. The sample spacing was all 1m and no compositing was required. A top cap of 3ppm Au was applied to only 2 samples. An isotropic search distance of 50m x 50m x 5m was run with a minimum of 4 samples and a maximum of 8 samples to estimate a parent block. After the initial first pass only a small handful of blocks had not estimated and were assigned the average grade of the surrounding estimated blocks. |
| Moisture | • Tonnages are estimated on a dry basis. |
| Cut-off parameters | • The tails stockpiles have only been reported within mineable/recoverable volumes that exceed 0.4ppm Au cut-off. • Operating costs considered include underground mining, transport to and processing at FML’s Three Mile Hill processing plant (<7km km away) and administration. |
| Mining factors or assumptions |
• The Three Mile Hill Processing Plant (TMH Plant) has been commissioned as is running up towards name plate 1.2Mtpa rate. • Grade controlled stockpiles and tails comprise recoverable geometries of free dig material suitable for mechanised load and haul. The targeted stockpiles and tails are located within close proximity to transport routes and between 150m and 7km from the Three Mile Hill ROM • The recoverable material will be blended as an additional feed to primary ore from open pits and underground sources. Given tails material represent previously milled quartz veins it is likely that this material can be blended for processing without displacing primary material considered by the life of mine plan. |
| Metallurgical factors or assumptions |
• Representative metallurgical samples have been collected from the 2023 grade control drilling. Follow up metallurgical testwork is yet to be conducted. • The Greenfields and Tindals low grade stockpiles are generated from sources last mined by FML to 2013. These ore sources historically provided very good recoveries at Three Mile Hill Mill. |
Market Announcement | Page 95 of 96
| Criteria | Commentary |
|---|---|
| Environmental factors or assumptions |
• All grade controlled stockpiles and tails fall within the foot print of current and previous mining areas. • Gradual processing of stockpiles and tails with storage within approved tails management facilities will enable the current mine footprints to be reduced ahead of rehabilitation works. |
| Bulk density | • A bulk density of 1.6 t/m3 was applied to the tail’s stockpiles. This figure is based on the approximate bulk density of sand similar to the processed quartz material. |
| Classification | • The recoverable portions of the stockpiles and tails have undergone grade control RC drilling at 15m x 15m spacing. • The recoverable parts of the stockpiles/tails exceed the 0.4 g/t economic cut off by a considerable margin and have been classified as Indicated Mineral Resources. . |
| Audits or reviews | • No external audits of the mineral resource have been conducted. |
| Discussion of relative accuracy/ confidence |
• This is addressed in the relevant paragraph on Classification above. |