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GATEWAY MINING LIMITED Capital/Financing Update 2018

Aug 22, 2018

64999_rns_2018-08-22_6ce3d4c7-63b4-489a-a175-22460b29e926.pdf

Capital/Financing Update

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ABN: 31 008 402 391 Level 11, 52 Phillips Street Sydney NSW 2000 GPO Box 225 Sydney NSW 2001 Tel: 61 2 8316 3998 Fax: 61 2 8316 3999 Website: www.gatewaymining.com.au

==> picture [146 x 89] intentionally omitted <==

ASX Announcement: 23 August 2018

STRONG AIRCORE DRILLING RESULTS OUTLINE 4 KILOMETRE LONG PROSPECTIVE CORRIDOR AT GIDGEE

Eight new high-priority targets identified along strike from the advanced Whistler, Montague and Caledonian prospects

HIGHLIGHTS

  • Multiple high-priority targets confirmed by a recently completed systematic Aircore (“AC”) drilling program designed to test the highly prospective margin of the Montague Granodiorite at the Gidgee Gold Project in WA. New and historical drilling results include[1] :

  • GWAC0125 16 metres @ 1.73g/t Au from 20 metres

  • GWAC0106 7 metres @ 1.34g/t Au from 13 metres

  • GWAC0001 14 metres @ 1.61g/t Au from 20 metres

  • MOA143R* 23 metres @ 2.03g/t Au from 33 metres

  • GWAC0093 4 metres @ 1.08g/t Au from 10 metres

  • GWAC0151 4 metres @ 1.01g/t Au from 40 metres

  • 89MRP48* 7 metres @ 3.10g/t Au from 34 metres

  • GWAC0015 26 metres @ 0.56g/t Au from 10 metres

  • (* Historical intercepts)

  • These highly significant results have been returned from within multiple, extensive anomalies defined by a >0.1g/t Au (100ppb Au) contour and which are interpreted to extend for up to 1km.

  • Many of the intersections were returned from the “bottom-of-hole” meaning the mineralisation remains to be fully tested at depth.

  • The drilling has successfully located the key contact between the granodiorite and the mafic volcanic rocks and has identified areas of structural complexity that may be the focus of substantial gold mineralisation.

  • The next stage of detailed follow-up drilling is currently being planned with relevant statutory approvals in progress.

Gateway Mining Limited (ASX: GML) ( Gateway or Company ) is pleased to advise that it has further expanded the scale and potential of its 100%-owned Gidgee Gold Project in WA (Figure 1) after identifying a series of extensive and highly prospective new target areas from a recent systematic Aircore drilling program.

1 All holes reported as uncut, down-hole widths. Sample intervals range from 1 to 4 metres.

The new targets lie directly along strike from and between the three advanced prospects drilled to date (Whistler, Montague and Caledonian) and define a 4km long prospective corridor along the margin of the Montague Granodiorite, the major structure controlling gold mineralisation in the area.

==> picture [273 x 318] intentionally omitted <==

Figure (1): Gidgee Gold Project Location Plan

KEY POINTS

  • This drilling continues to confirm the potential for this major structural corridor on the margin of the Montague Granodiorite to host multiple, significant zones of mineralisation. These zones now present as high-priority targets for the next phase of drilling.

  • Key results reported from this regional, systematic program of Aircore drilling include (see Tables 1 and Appendix 1 for more detail):

  • GWAC0125 16 metres @ 1.73g/t Au from 20 metres

  • GWAC0106 7 metres @ 1.34g/t Au from 13 metres

  • GWAC0001 14 metres @ 1.61g/t Au from 20 metres

  • MOA143R* 23 metres @ 2.03g/t Au from 33 metres

  • GWAC0093 4 metres @ 1.08g/t Au from 10 metres

  • GWAC0151 4 metres @ 1.01g/t Au from 40 metres

  • 89MRP48* 7 metres @ 3.10g/t Au from 34 metres

  • GWAC0015 26 metres @ 0.56g/t Au from 10 metres

  • These reported significant intersections lie within extensive zones of gold anomalism defined by a >0.1g/t Au (100ppb) contour (Figure 2).

2

==> picture [392 x 228] intentionally omitted <==

Figure (2): Gidgee Gold Project showing Aircore drilling anomalies

  • Eight major target zones that individually extend over a strike length of up to 1km have been identified as priority targets and a number of other areas require additional assessment. Areas of particular interest include:

  • The “Our Jack Prospect” , located ~400m north of the historical Montague Pit, where two major shear zones hosting significant gold mineralisation have been intersected by drilling within a broader, gold anomalous zone (Figures 2 and 3). The mineralisation remains open along strike and down-dip. Key results include:

    • GWAC0125 16 metres @ 1.73g/t Au from 20 metres

    • o GWAC0106 7 metres @ 1.34g/t Au from 13 metres o MOA143R* 23 metres @ 2.03g/t Au from 34 metres o GWAC0107 20 metres @ 0.13g/t Au from 28 metres

Additional targets at this prospect include the granodiorite-mafic contact and an interpreted position beneath significant gold anomalism reported in the transported cover ( GWAC0123: 12m @ 0.23g/t Au from surface).

==> picture [402 x 215] intentionally omitted <==

Figure (3): Our Jack Prospect – Interpreted Cross-Section 6,967,425N

  • The drilling to the north and south of the Montague Pit indicates strong anomalism along the targeted trend for up to 1km. There is a strong possibility that this trend links up with the Our Jack Prospect.

3

  • The “C2 Target”[2] (Figure 4) has been identified over a strike length of ~500m and remains open to the north and south. Drill testing is currently shallow and follow-up drilling is now required to test for mineralisation at depth. As has been seen elsewhere across the Gidgee Project in recent drilling (Whistler and Montague), there is a considerable high-grade gold component to the mineralisation in this area.

The structure that links the Caledonian and North East pits has been consistently intersected in the recent Aircore drilling over a strike length of approximately 400m. It is worth noting that most of the aircore drilling finished in highly anomalous mineralisation in the bottom of the holes. In addition, the down-dip extension of the mineralisation projecting out of the base of the North East Pit remains untested at depth.

The highly prospective contact between the Montague Granodiorite and the mafic volcanic rocks remains to be systematically tested in this area.

==> picture [374 x 251] intentionally omitted <==

Figure (4): C2 Target - Interpreted Geology Plan and Gold Distribution

  • In addition to the targets generated by this recent program of Aircore drilling, ongoing assessment and validation of the historical drilling datasets has identified a strong zone of mineralisation at the “S-Bend Prospect” (Figure 2). While the controls on the mineralisation are still to be established, and additional drilling will be required, it is clear that a potential zone of predominantly high-grade oxide gold mineralisation is present. Historical drilling results from S-Bend include (see Tables 1 and Appendix 1 for more detail):

  • GRB1812 5 metres @ 3.33g/t Au from 35 metres

  • o GRC0142 7 metres @ 2.40g/t Au from 17 metres o GRB1975 10 metres @ 7.78g/t Au from 30 metres o GRC0143 8 metres @ 3.44g/t Au from 59 metres o GRC0177 3 metres @ 9.28g/t Au from 87 metres o GRC0127 1 metres @ 24.6g/t Au from 119 metres o GRC0118 12 metres @ 3.53g/t Au from 45 metres o GRC0116 15 metres @ 1.16g/t Au from 20 metres o GRC0114 5 metres @ 4.08g/t Au from 17 metres

NEXT STEPS

2 Previously announced ASX 6 August 2018

4

Following the release of the highly significant results from the Whistler and Montague Prospects. These Aircore drill results represent the final stage of the initial drilling program undertaken by Gateway at the Gidgee Project.)

The results provide the Company with a growing level of confidence that the mineralised system at the Gidgee Project has the potential to develop into a large-scale gold system with a strong high-grade component.

The maiden Aircore drilling program has provided a systematic test of the highly prospective mineralised margin of the Montague Granodiorite over a strike length of approximately 5km from Whistler to Caledonian. The results have highlighted a series of highly anomalous targets over an extensive strike length that require additional drill testing.

Planning and permitting is currently underway for the next phase of evaluation drilling at Whistler, Montague, the C2 Target (Caledonian) and now the Our Jack Prospect. Subject to permitting, programs of drilling will recommence in October 2018.

MANAGEMENT COMMENT

Gateway’s Managing Director, Peter Langworthy, said the recently completed Aircore drilling, combined with a review of historical drilling, had allowed the Company to form a much clearer picture of the emerging potential along the wide, 4km long corridor extending from Caledonian and the adjacent “S-bend” oxide prospect in the south to Whistler in the north.

“We now have the next generation of targets at Gidgee with consistent results demonstrating the potential size of the mineralised corridor along the margin of the Montague Granodiorite,” he said.

“Our systematic approach to exploration is paying dividends, generating an impressive pipeline of exploration opportunities ranging from advanced key target areas such as Whistler and Montague that require immediate detailed follow-up, to earlier stage greenfields targets where the potential is wide open.

“We are particularly excited by the early-stage results from the Our Jack and C2 prospects, where the mineralisation encountered in Aircore drilling is shallow, excellent grade and totally unconstrained at this point in time.

“We are currently planning and obtaining permits for the next phase of drilling, which is scheduled to commence at Whistler and Montague in October. This will be followed by a first-pass assessment of some of these exciting new targets.

“Standing back and looking at the wider opportunity at Gidgee, we still have the prospective southern 5km of the western contact to work up and target, and we are increasingly seeing the opportunity on the eastern margin of the granodiorite. This position is basically untested for 8km!”

Peter Langworthy Managing Director

For and on behalf of GATEWAY MINING LIMITED

Competent Person Statement

The information in this report that relates to Exploration Results or Mineral Resources is based on information compiled or reviewed by Mr Peter Langworthy who is a consultant to Gateway Mining Ltd and is a current Member of the Australian Institute of Mining and Metallurgy. Mr Peter Langworthy has sufficient experience, which is relevant to the style of mineralisation and types of deposit under consideration and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Langworthy consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

5

APPENDIX (1): DRILLING RESULTS

TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t) TABLE (1a): Significant Drilling Results from July 2018 AC Program (>0.1g/t)
HoleJD MGA_E MGA_N RL Dip Azi EOH From(m) To(m) Width(m) Au(g/t)
GWAC001 750904 6965552 500 -60 90 34 20 34 14 1.61
GWAC002 750848 6965547 500 -60 90 22 20 22 2 1.01
GWAC003 750794 6965550 500 -60 90 26 24 26 2 0.16
GWAC005 751001 6965602 500 -60 90 38 28 32 4 0.17
GWAC010 751026 6965653 500 -60 90 26 24 26 2 0.33
GWAC011 751000 6965651 500 -60 90 41 20 24 4 0.46
GWAC014 750918 6965646 500 -60 90 40 32 36 4 0.35
GWAC0015 750903 6965649 500 -60 90 43 10 36 26 0.56
GWAC0018 751111 6965693 500 -60 90 35 32 35 3 0.13
GWAC0019 751076 6965697 500 -60 90 33 20 33 13 0.1
GWAC0022 751007 6965701 500 -60 90 47 32 40 8 0.19
GWAC0028 750935 6965561 500 -60 90 37 10 11 1 0.18
24 28 4 0.1
GWAC0031 750977 6965844 500 -60 90 24 20 24 4 0.37
GWAC0034 751024 6965848 500 -60 90 11 0 4 4 0.16
GWAC0036 750967 6965852 500 -60 90 37 24 28 4 0.19
GWAC0041 751202 6966073 500 -60 90 51 33 34 1 0.63
GWAC0045 751004 6966080 500 -60 90 42 28 40 12 0.2
GWAC0051 751296 6966203 500 -60 90 34 32 34 2 0.11
GWAC0053 751228 6966188 500 -60 90 45 28 29 1 0.69
GWAC0059 751179 6966198 500 -60 90 27 20 21 1 0.53
GWAC0062 751176 6966352 500 -60 90 22 20 22 2 0.16
GWAC0071 750999 6966500 500 -60 90 9 0 4 4 0.12
GWAC0074 751065 6966700 500 -60 90 36 28 29 1 0.61
30 31 1 0.2
GWAC0075 751042 6966703 500 -60 90 43 32 33 1 0.54
GWAC0076 751018 6966699 500 -60 90 45 35 37 2 0.15
GWAC0079 751176 6966503 500 -60 90 37 30 33 3 0.16
GWAC0080 751152 696650 500 -60 90 40 28 32 4 0.28
39 40 1 0.14
GWAC0083 751125 6966266 500 -60 90 35 28 32 4 0.13
GWAC0085 751031 6966273 500 -60 90 36 24 26 2 0.23
GWAC0087 751133 6966603 500 -60 90 37 31 32 1 0.21
GWAC0092 750916 6966357 500 -60 90 22 20 22 2 0.23
GWAC0093 750933 6966208 500 -60 90 40 32 36 4 1.08
GWAC0095 750814 6966198 500 -60 90 42 36 42 6 0.23
GWAC0096 750926 6967058 500 -60 90 60 36 40 4 0.32
56 60 4 0.15
GWAC0097 750880 6967055 500 -60 90 51 18 28 10 0.21
GWAC0098 750830 6967058 500 -60 90 57 28 30 2 0.74
38 39 1 0.24
GWAC0100 750723 6967053 500 -60 90 30 21 22 1 0.1
28 30 2 0.28
GWAC0101 750943 6967198 500 -60 90 70 58 59 1 0.1
GWAC0102 750902 6967196 500 -60 90 66 32 40 8 0.7
GWAC0103 750847 6967199 500 -60 90 24 20 24 4 0.12
GWAC0106 751034 6967417 500 -60 90 55 13 20 7 1.34
Includes 2m @ 3.36g/t
36 55 19 0.14
GWAC0107 751004 6967424 500 -60 90 52 25 26 1 0.63
28 48 20 0.13
GWAC0108 750944 6967413 500 -60 90 39 32 38 6 0.12
GWAC0112 751000 6967598 500 -60 90 38 24 38 14 0.3
GWAC0116 751055 6967799 500 -60 90 25 17 19 2 0.14

6

GWAC0122 751075 6967600 500 -60 90 41 41 28 28 32 32 4 0.37
GWAC0123 7511022 6967427 500 -60 90 43 0 12 12 0.23
36 40 4 0.44
GWAC0125 751202 6967424 500 -60 90 36 20 36 16 1.73
Includes 3m @ 7g/t
GWAC0126 751245 6967419 500 -60 90 41 28 32 4 0.29
GWAC0127 751295 6967428 500 -60 90 44 40 44 4 0.21
GWAC0129 751252 6968001 500 -60 90 32 16 20 4 0.21
GWAC0132 751101 6967998 500 -60 90 40 31 32 1 0.12
GWAC0133 751052 6968000 500 -60 90 45 43 45 2 0.22
GWAC0137 751177 6968202 500 -60 90 40 0 4 4 0.1
GWAC0138 751075 6968198 500 -60 90 28 0 4 4 0.17
GWAC0145 751171 6968401 500 -60 90 51 37 38 1 0.31
43 44 1 0.26
GWAC0146 751125 6968401 500 -60 90 55 36 40 4 0.13
GWAC0149 751278 6968199 500 -60 90 33 31 33 2 0.34
GWAC0150 751133 6968199 500 -60 90 45 0 4 4 0.12
44 45 1 0.14
GWAC0151 751473 6968198 500 -60 90 44 40 44 4 1.01
GWAC0152 751424 6968201 500 -60 90 35 32 35 3 0.18
GWAC0156 751198 6967602 500 -60 90 39 36 39 3 0.62
GWAC0161 750975 6967204 500 -60 90 57 15 16 1 0.15
GWAC0164 751623 6968410 500 -60 90 38 4 8 4 0.12
Table (1b): Significant Historic Drilling Results >1g/t Au
HoleJD MGA_E MGA_N RL Dip Azi EoH(m) From(m) To(m) Width(m) Au(g/t)
GRC340 750832 6965500 500 -60 90 89 31 33 2 5.82
CNE053 750851 6965551 500 -60 90 20 6 8 2 2.75
HRC113 750855 6965570 500 -60 90 21 4 6 2 24.60
GRB2421 750917 6965652 500 -60 90 42 20 30 10 1.62
HRC112 750870 6965570 500 -60 90 29 25 28 3 15.70
GRB1812 751241 6965252 500 -60 270 55 35 40 5 3.3
GRC142 751235 6965277 500 -60 270 60 17 24 7 2.40
GRB1975 751241 6965277 500 -60 270 53 30 40 10 7.78
GRC143 751267 6965279 500 -60 270 100 59 67 8 3.44
GRC177 751467 6965252 500 -60 270 169 87 90 3 9.28
GRC127 751500 6965251 500 -60 270 126 119 120 1 24.59
GRB1812 751241 6965252 500 -60 270 55 35 40 5 3.33
GRC118 751380 6965201 500 -60 270 70 45 57 12 3.53
GRC116 751374 6965154 500 -60 270 55 20 35 15 1.16
GRC114 751388 6965103 500 -60 270 70 17 22 5 4.08
MORC53 750983 6966707 500 -60 90 50 36 38 2 6.24
GRB2443 750891 6967252 500 -60 90 50 40 45 5 1.25
MOA143R 751050 6967425 500 -90 0 56 33 56 23 2.03
89MRP48 751477 6968014 500 -60 270 60 34 41 7 3.10

7

APPENDIX (2): SIGNIFICANT DRILLING INTERSECTIONS JORC Code, 2012 Edition Table 1

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code explanation Commentary
Sampling
techniques

Nature and quality of sampling (e.g. cut channels, random chips, or specific
specialised industry standard measurement tools appropriate to the minerals under
investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.).
These examples should not be taken as limiting the broad meaning of sampling.

Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public
Report.

In cases where ‘industry standard’ work has been done this would be relatively
simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3
kg was pulverized to produce a 30 g charge for fire assay’). In other cases more
explanation may be required, such as where there is coarse gold that has inherent
sampling problems. Unusual commodities or mineralisation types (e.g. submarine
nodules) may warrant disclosure of detailed information.

RC drilling - 2kg - 3kg samples were split from dry 1m bulk samples. The sample was
initially collected from the cyclone in an inline collection box with independent
upper and lower shutters. Once the metre was completed, the drill bit was lifted off
the bottom of the hole, to create a gap between samples, when the gap of air came
into the collection box the top shutter was closed off. Once the top shutter was
closed, the bottom shutter was opened, and the sample was dropped under gravity
thorough a Metzke cone splitter. Once drilling reached fresh rock a fine spray of
water was used to suppress dust and limit the loss of fines thorough the cyclone
chimney. A second 2kg-3kg sample was collected at the same time the original
sample. This sample has been stored on site. These duplicate samples have been
retained for follow up analysis and test work. The bulk sample of the main ore zone
was discharged from the cyclone directly into green bags.

The bulk sample from the waste was collected in wheelbarrows and dumped into
neat piles on the ground.

During the sample collection process, the cone split, original and duplicate calico
samples and the reject green bag samples were weighed to test for bias’s and
sample recoveries. The majority of the check work was undertaken through the
main ore zones.

Field duplicates were collected at a ratio of 1:20 through the mineralised zones and
collected at the same time as the original sample through the B chute of the cone
splitter. OREAS certified reference material (CRM) was inserted at a ratio of 1:20
through the mineralised zone. The grade ranges of the CRM’s were selected based
on grade populations and economic grade ranges.

DIAMOND Drilling– Core was drilled by DrillWest. Gateway staff collected the core
from the rig and took the core back to the Bibra Core yard where the core was
cleaned, reassembled and marked up with metre marks for logging by Gateway
geologists. The geologist marked up the core for sampling and the HQ and NQ core
was half cut in half using a corewise automatic core saw. Sample lengths were
dominantly 1m in length, but where geological contacts were present, the core was
sampled to this contact creating a sample less or greater than 1 metre. Minimum
sample length is 0.2m and maximum sample length is 1.2m. Duplicates were taken
by taking a separate pulp in the preparation stage at the lab at a 1:50 ratio
Historical Drilling:
Criteria JORC Code explanation Commentary
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:HQ3 and NQ core drilled in fresh rock. Core orientated and
mineralised noted and marked for cutting. Sample lengths sampled on 0.5 to 2m
intervals and cut to half-core sub-sample collected.
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed by Fire Assay. Assays >3g/t Au re-assayed by Screen Fire Assay. This
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
RC Drilling:Samples were collected on 1m intervals, riffle split and 5m composite
samples prepared for assay. Re-assays were undertaken on selected 1m samples.
Samples sent to ALS in Perth, for 3kg pulverisation for production of homogenous 50g or
30g charge for Au fire assay, multi elements also analysed
Drilling
techniques

Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other type, whether core is oriented and if so, by
what method, etc.).

RC - Ranger Drilling drill rig was used. The rig consisted of a Schramm truck mounted
RC rig with 1150cfm x 350psi on board compressor, an Airsearch 1800cfm x 900psi
on board Booster, and a truck mounted Sullair 900cfm x 350psi auxiliary
compressor.

DIAMOND - was drilled by DrillWest (Perth) using a Boart Longyear KWL 1600H drill
rig.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:RC percussion or HQ3 pre-collars were drilled to fresh rock. NQ core
drilled for remainder of holes. No details available on drilling rig specifications.
RC Drilling:RC percussion drilled as pre-collars to fresh rock. No details available on
drilling rig specifications.
Drill sample
recovery

Method of recording and assessing core and chip sample recoveries and results
assessed.

Measures taken to maximize sample recovery and ensure representative nature of
the samples.

Whether a relationship exists between sample recovery and grade and whether
sample bias may have occurred due to preferential loss/gain of fine/coarse material.

During the RC sample collection process, the cone split, original and duplicate calico
samples and the reject green bag samples were weighed to test for bias’s and
sample recoveries. The majority of the check work was undertaken through the
main ore zones. From this process showed that the majority of ore grade samples
had recoveries greater than 80%

Once drilling reached fresh rock a fine spray of water was used to suppress dust and
limit the loss of fines thorough the cyclone chimney.

At the end of each metre the bit was lifted off the bottom to separate each metre
drilled.

The majorityof samples were ofgoodqualitywithground water havingminimal

9

Criteria JORC Code explanation Commentary
effect on sample quality or recovery.

From the collection of recovery data, no identifiable bias exists. DIAMOND – Drill
sample recovery was measured routinely by Gateway staff. Overall recovery was
excellent.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:Recoveries in fresh rock are recorded as being satisfactory and that
no inherent bias has been introduced from drilling or sampling techniques.
RC Drilling:There are no records available that capture information on drilling
recoveries. Typically a minimum 3kg sample was provided to the laboratory for assay.
Samples considered fit for purpose.
Logging
Whether core and chip samples have been geologically and geotechnically logged to
a level of detail to support appropriate Mineral Resource estimation, mining studies
and metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core (or costean, channel,
etc.) photography.

The total length and percentage of the relevant intersections logged.

Reverse circulation and Aircore chips were washed and stored in chip trays in 1m
intervals for the entire length of each hole. Chips were visually inspected and logged
to record lithology, weathering, alteration, mineralisation, veining and structure.

Diamond core was put into core trays and the rig and then cleaned, reassembled
and marked up with metre marks for logging by Gateway geologists

Data on rock type, deformation, colour, structure, alteration, veining, mineralisation
and oxidation state were recorded. RQD, magnetic susceptibility and core recoveries
were recorded.

Logging is both qualitative and quantitative or semi quantitative in nature.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Reverse circulation and Aircore chips were washed and stored in chip trays in 1m
intervals for the entire length of each hole. Chips were visually inspected and logged to
record lithology, weathering, alteration, mineralisation, veining and structure.
Records of samples being wet or dry were taken.
Diamond core was presented and stored in industry standard core boxes. The core was
orientated and core loss noted.
Data on rocktype, deformation, colour, structure, alteration, veining, mineralisation and
oxidation state were recorded. RQD, magnetic susceptibility and core recoveries were
recorded.
Logging is considered both qualitative and quantitative or semi-quantitative in nature.

10

Criteria JORC Code explanation Commentary
The logging information is considered to be fit for purpose.
Sub-sampling
techniques and
sample
preparation

If core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled
wet or dry.

For all sample types, the nature, quality and appropriateness of the sample
preparation technique.

Quality control procedures adopted for all sub-sampling stages to maximise
representivity of samples.

Measures taken to ensure that the sampling is representative of the in situ material
collected, including for instance results for field duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the material being
sampled.

For RC drilling, samples were split from dry, 1m bulk sample via a cone splitter
directly from the cyclone.

The QC procedure adopted through the process includes:
o
Weighing both calicos and reject sample to determine sample recovery and
check for sampling bias.
o
For diamond holes, HQ and NQ core was quarter cut using a core saw.
o
Field duplicates were collected at a rate of 1:25, these were collected
during RC drilling at the same time as the primary sample. With diamond
drilling, the remaining piece of quarter core was used as the duplicate.
o
OREAS certified material (CRM) was inserted at a rate of 1:25, the grade
ranges of the CRM’s were selected based on grade populations.

2-3kgs of sample was submitted to the laboratory.

Samples oven dried at 10gdegC then pulverized in LM5 mills to 85% passing
75micron.

All samples were analysed for Au using the FA50/MS technique which is a 50g lead
collection fire assay.

For Diamond core and RC samples the sample preparation technique is appropriate
and is standard industry practice for a gold deposit.

Quality control for maximising representivity of samples included sample weights,
insertion of field duplicates and laboratory duplicates.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
RC samples were split using a riffle splitter. 1m samples were collected and 5m
composites prepared for assay. Re-assays were undertaken on selected 1m samples.
Typically 3kg samples were submitted to the assay laboratory.
Only minor numbers of samples are recorded as being wet.
QA/QC data is not currently available.
Sampling processes are considered fit for purpose.
Diamond core was presented and stored in industry standard core boxes. The core was
orientated and core loss noted. Once logged the core was marked up for sampling
ranging from 0.5m to 2.0m largely matching geological contacts. Half core samples were
collected and submitted to the assay laboratory.
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed byFire Assay. Assays >3g/t Au re-assayed byScreen Fire Assay. This

11

Criteria JORC Code explanation Commentary
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
Quality of assay
data and
laboratory tests

The nature, quality and appropriateness of the assaying and laboratory procedures
used and whether the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc., the
parameters used in determining the analysis including instrument make and model,
reading times, calibrations factors applied and their derivation, etc.

Nature of quality control procedures adopted (e.g. standards, blanks, duplicates,
external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of
bias) and precision have been established.

Drill samples are submitted to Intertek Genalysis (Perth). All samples are analysed
by a 50g fire assay (ICP-OES) which is a total assay (FA50/OE04).

Ore zones are also submitted for accelerated cyanide leachwell test work. This is
involves a 200g leach with ICP-MS finish (LW200/MS. In addition, the tail recovery
is washed, re-homogenized and analysed by Fire assay (TR200/OE)

Field duplicates are collected at a rate of 1:25 with CRM’s inserted at a rate of 1:25
also. The grade ranges of the CRM’s were selected based on grade populations.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
All samples were assayed at either Analabs or ALS in Perth.
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed by Fire Assay. Assays >3g/t Au re-assayed by Screen Fire Assay. This
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
QA/QC data is not currently available.
Sampling processes are considered fit for purpose.
Verification of
sampling and
assaying

The verification of significant intersections by either independent or alternative
company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data verification, data
storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

Drilling results are cross checked by company geologists and consulting geologists
(OMNI GeoX Pty Ltd.)

Data is recorded digitally at the project within standard industry software, assay
results received digitally also.

All data is stored within a suitable database.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Logging and sampling were recorded directly into a Stratalog T500 digital logging unit.
All drilling information is currently stored in a Gateway Access database.
All information has been plotted on section and in plan to match against neighbouring
holes and determine likely validity of the data
QA/QC data is not currently available.
Sampling and assay data are considered fit for purpose.

12

Criteria JORC Code explanation Commentary
Location of data
points

Accuracy and quality of surveys used to locate drill holes (collar and down-hole
surveys), trenches, mine workings and other locations used in Mineral Resource
estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Drill hole location is initially recorded with a handheld Garmin GPS (+/- 3m) and will
eventually be recorded by Digital GPs (+/-1cm). A Reflex EZ North Seeking Gyro is
used to record the deviation of the drill holes (+/- 1deg)
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
A truncated AMG grid was established across the project area and hole collars were
measure from fixed survey pegs. These collar locations have been validated using
detailed aerial photography.
Downhole surveys were undertaken with an Eastman single shot camera on intervals
ranging from 30 to 50m.
Location data is considered fit for purpose.
Data spacing
and distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the degree of
geological and grade continuity appropriate for the Mineral Resource and Ore
Reserve estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

Refer to tables within text for data spacing.

Holes drilled within this program in combination with the historical holes and their
related samples are deemed to be appropriate for resource estimation.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Please See Table 1 for Results
Drilling at the Whistler, Montague and Caledonian targets have been drill tested in
various spacings. Typically immediately below the historial open pit mines the spacing is
a nominal 25 x 25m and as the drilling moves deeper and along strike expands to 25 x
50m and 50 x 50m.
Orientation of
data in relation
to geological
structure

Whether the orientation of sampling achieves unbiased sampling of possible
structures and the extent to which this is known, considering the deposit type.

If the relationship between the drilling orientation and the orientation of key
mineralised structures is considered to have introduced a sampling bias, this should
be assessed and reported if material.

Drill lines are orientated perpendicular to the perceived strike of the mineralized
structure. Drilling at Whistler intercepts mineralisation at an oblique angle to the dip
(~15deg off). The orientation of drilling is suitable for the mineralisation style and
orientation of minerlisation.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Drillingdirections at Whistler,Montague and Caledonian targets have been drilled

13

Criteria JORC Code explanation Commentary
perpendicular to strike (90-270) and in the across dip direction in most cases.
The majority of holes have been drilled at a 60 to 90 degree dip and intersected the
mineralisation at an appropriate angle.
In some cases reverse angled holes have been completed to test for short range
controls on the gold mineralisation.
The orientation of the drilling is suitable for the mineralisation style and orientation of
the mineralisation at the Whistler, Montague and Caledonian Targets.
Sample security
The measures taken to ensure sample security.

Calico samples are sealed into green/poly weave bags and cable tied. These are then
sealed in bulka bags and transported to the laboratory in Perth by company staff or
trusted contractors or established freight companies.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
No information.
Audits or
reviews

The results of any audits or reviews of sampling techniques and data.

Drilling results are cross checked by company geologists and consulting geologists
(OMNI GeoX Pty Ltd.)
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.

14

Section 2 Reporting of Exploration Results

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

Criteria JORC Code explanation Commentary
Sampling
techniques

Nature and quality of sampling (e.g. cut channels, random chips, or specific
specialized industry standard measurement tools appropriate to the minerals under
investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.).
These examples should not be taken as limiting the broad meaning of sampling.

Include reference to measures taken to ensure sample representivity and the
appropriate calibration of any measurement tools or systems used.

Aspects of the determination of mineralisation that are Material to the Public
Report.

In cases where ‘industry standard’ work has been done this would be relatively
simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3
kg was pulverised to produce a 30 g charge for fire assay’). In other cases more
explanation may be required, such as where there is coarse gold that has inherent
sampling problems. Unusual commodities or mineralisation types (e.g. submarine
nodules) may warrant disclosure of detailed information.

RC drilling - 2kg - 3kg samples were split from dry 1m bulk samples. The sample was
initially collected from the cyclone in an inline collection box with independent
upper and lower shutters. Once the metre was completed, the drill bit was lifted off
the bottom of the hole, to create a gap between samples, when the gap of air came
into the collection box the top shutter was closed off. Once the top shutter was
closed, the bottom shutter was opened, and the sample was dropped under gravity
thorough a Metzke cone splitter. Once drilling reached fresh rock a fine spray of
water was used to suppress dust and limit the loss of fines thorough the cyclone
chimney. A second 2kg-3kg sample was collected at the same time the original
sample. This sample has been stored on site. These duplicate samples have been
retained for follow up analysis and test work. The bulk sample of the main ore zone
was discharged from the cyclone directly into green bags.

The bulk sample from the waste was collected in wheelbarrows and dumped into
neat piles on the ground.

During the sample collection process, the cone split, original and duplicate calico
samples and the reject green bag samples were weighed to test for bias’s and
sample recoveries. The majority of the check work was undertaken through the
main ore zones.

Field duplicates were collected at a ratio of 1:20 through the mineralised zones and
collected at the same time as the original sample through the B chute of the cone
splitter. OREAS certified reference material (CRM) was inserted at a ratio of 1:20
through the mineralised zone. The grade ranges of the CRM’s were selected based
on grade populations and economic grade ranges.

DIAMOND Drilling– Core was drilled by DrillWest. Gateway staff collected the core
from the rig and took the core back to the Bibra Core yard where the core was
cleaned, reassembled and marked up with metre marks for logging by Gateway
geologists. The geologist marked up the core for sampling and the HQ and NQ core
was half cut in half using a corewise automatic core saw. Sample lengths were
dominantly 1m in length, but where geological contacts were present, the core was
sampled to this contact creating a sample less or greater than 1 metre. Minimum
sample length is 0.2m and maximum sample length is 1.2m. Duplicates were taken
by taking a separate pulp in the preparation stage at the lab at a 1:50 ratio
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:HQ3 and NQ core drilled in fresh rock. Core orientated and
mineralised noted and marked for cutting. Sample lengths sampled on 0.5 to 2m
intervals and cut to half-core sub-sample collected.

15

Criteria JORC Code explanation Commentary
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed by Fire Assay. Assays >3g/t Au re-assayed by Screen Fire Assay. This
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
RC Drilling:Samples were collected on 1m intervals, riffle split and 5m composite
samples prepared for assay. Re-assays were undertaken on selected 1m samples.
Samples sent to ALS in Perth, for 3kg pulverisation for production of homogenous 50g or
30g charge for Au fire assay, multi elements also analysed
Drilling
techniques

Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g. core diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other type, whether core is oriented and if so, by
what method, etc.).

RC - Ranger Drilling drill rig was used. The rig consisted of a Schramm truck mounted
RC rig with 1150cfm x 350psi on board compressor, an Airsearch 1800cfm x 900psi
on board Booster, and a truck mounted Sullair 900cfm x 350psi auxiliary
compressor.

DIAMOND - was drilled by DrillWest (Perth) using a Boart Longyear KWL 1600H drill
rig.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:RC percussion or HQ3 pre-collars were drilled to fresh rock. NQ core
drilled for remainder of holes. No details available on drilling rig specifications.
RC Drilling:RC percussion drilled as pre-collars to fresh rock. No details available on
drilling rig specifications.
Drill sample
recovery

Method of recording and assessing core and chip sample recoveries and results
assessed.

Measures taken to maximise sample recovery and ensure representative nature of
the samples.

Whether a relationship exists between sample recovery and grade and whether
sample bias may have occurred due to preferential loss/gain of fine/coarse material.

During the RC sample collection process, the cone split, original and duplicate calico
samples and the reject green bag samples were weighed to test for bias’s and
sample recoveries. The majority of the check work was undertaken through the
main ore zones. From this process showed that the majority of ore grade samples
had recoveries greater than 80%

Once drilling reached fresh rock a fine spray of water was used to suppress dust and
limit the loss of fines thorough the cyclone chimney.

At the end of each metre the bit was lifted off the bottom to separate each metre
drilled.

The majority of samples were of good quality with ground water having minimal
effect on sample quality or recovery.

From the collection of recovery data, no identifiable bias exists. DIAMOND – Drill
sample recovery was measured routinely by Gateway staff. Overall recovery was
excellent.
Historical Drilling:
All information referred in this report not collected in this currentprogram has been

16

Criteria JORC Code explanation Commentary
accessed through verifying historical company reports and/or available digital
databases.
Diamond Drilling:Recoveries in fresh rock are recorded as being satisfactory and that
no inherent bias has been introduced from drilling or sampling techniques.
RC Drilling:There are no records available that capture information on drilling
recoveries. Typically a minimum 3kg sample was provided to the laboratory for assay.
Samples considered fit for purpose.
Logging
Whether core and chip samples have been geologically and geotechnically logged to
a level of detail to support appropriate Mineral Resource estimation, mining studies
and metallurgical studies.

Whether logging is qualitative or quantitative in nature. Core (or costean, channel,
etc.) photography.

The total length and percentage of the relevant intersections logged.

Reverse circulation and Aircore chips were washed and stored in chip trays in 1m
intervals for the entire length of each hole. Chips were visually inspected and logged
to record lithology, weathering, alteration, mineralisation, veining and structure.

Diamond core was put into core trays and the rig and then cleaned, reassembled
and marked up with metre marks for logging by Gateway geologists

Data on rock type, deformation, colour, structure, alteration, veining, mineralisation
and oxidation state were recorded. RQD, magnetic susceptibility and core recoveries
were recorded.

Logging is both qualitative and quantitative or semi quantitative in nature.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Reverse circulation and Aircore chips were washed and stored in chip trays in 1m
intervals for the entire length of each hole. Chips were visually inspected and logged to
record lithology, weathering, alteration, mineralisation, veining and structure.
Records of samples being wet or dry were taken.
Diamond core was presented and stored in industry standard core boxes. The core was
orientated and core loss noted.
Data on rocktype, deformation, colour, structure, alteration, veining, mineralisation and
oxidation state were recorded. RQD, magnetic susceptibility and core recoveries were
recorded.
Logging is considered both qualitative and quantitative or semi-quantitative in nature.
The logging information is considered to be fit for purpose.
Sub-sampling
techniques and
sample
preparation

If core, whether cut or sawn and whether quarter, half or all core taken.

If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled
wet or dry.

For all sample types, the nature, quality and appropriateness of the sample
preparation technique.

Quality controlprocedures adoptedfor all sub-sampling stages to maximize

For RC drilling, samples were split from dry, 1m bulk sample via a cone splitter
directly from the cyclone.

The QC procedure adopted through the process includes:
o
Weighing both calicos and reject sample to determine sample recovery and
check for sampling bias.
o
For diamond holes, HQ and NQ core wasquarter cut usinga core saw.

17

Criteria JORC Code explanation Commentary
representivity of samples.

Measures taken to ensure that the sampling is representative of the in situ material
collected, including for instance results for field duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size of the material being
sampled.
o
Field duplicates were collected at a rate of 1:25, these were collected
during RC drilling at the same time as the primary sample. With diamond
drilling, the remaining piece of quarter core was used as the duplicate.
o
OREAS certified material (CRM) was inserted at a rate of 1:25, the grade
ranges of the CRM’s were selected based on grade populations.

2-3kgs of sample was submitted to the laboratory.

Samples oven dried at 10gdegC then pulverized in LM5 mills to 85% passing
75micron.

All samples were analysed for Au using the FA50/MS technique which is a 50g lead
collection fire assay.

For Diamond core and RC samples the sample preparation technique is appropriate
and is standard industry practice for a gold deposit.

Quality control for maximizing representivity of samples included sample weights,
insertion of field duplicates and laboratory duplicates.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
RC samples were split using a riffle splitter. 1m samples were collected and 5m
composites prepared for assay. Re-assays were undertaken on selected 1m samples.
Typically 3kg samples were submitted to the assay laboratory.
Only minor numbers of samples are recorded as being wet.
QA/QC data is not currently available.
Sampling processes are considered fit for purpose.
Diamond core was presented and stored in industry standard core boxes. The core was
orientated and core loss noted. Once logged the core was marked up for sampling
ranging from 0.5m to 2.0m largely matching geological contacts. Half core samples were
collected and submitted to the assay laboratory.
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed by Fire Assay. Assays >3g/t Au re-assayed by Screen Fire Assay. This
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
Quality of assay
data and
laboratory tests

The nature, quality and appropriateness of the assaying and laboratory procedures
used and whether the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF instruments, etc., the
parameters used in determining the analysis including instrument make and model,
reading times, calibrations factors applied and their derivation, etc.

Nature of quality controlprocedures adopted(e.g. standards, blanks, duplicates,

Drill samples are submitted to Intertek Genalysis (Perth). All samples are analysed
by a 50g fire assay (ICP-OES) which is a total assay (FA50/OE04).

Ore zones are also submitted for accelerated cyanide leachwell test work. This is
involves a 200g leach with ICP-MS finish (LW200/MS. In addition, the tail recovery
is washed, re-homogenized and analysed by Fire assay (TR200/OE)

Field duplicates are collected at a rate of 1:25 with CRM’s inserted at a rate of 1:25

18

Criteria JORC Code explanation Commentary
external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of
bias) and precision have been established.
also. The grade ranges of the CRM’s were selected based on grade populations.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
All samples were assayed at either Analabs or ALS in Perth.
Samples were analysed for Au by AAS technique with results greater than 0.5ppm Au re-
assayed by Fire Assay. Assays >3g/t Au re-assayed by Screen Fire Assay. This
methodology was applied to account for a recognized coarse gold component within the
mineralised zones.
QA/QC data is not currently available.
Sampling processes are considered fit for purpose.
Verification of
sampling and
assaying

The verification of significant intersections by either independent or alternative
company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures, data verification, data
storage (physical and electronic) protocols.

Discuss any adjustment to assay data.

Drilling results are cross checked by company geologists and consulting geologists
(OMNI GeoX Pty Ltd.)

Data is recorded digitally at the project within standard industry software, assay
results received digitally also.

All data is stored within a suitable database.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Logging and sampling were recorded directly into a Stratalog T500 digital logging unit.
All drilling information is currently stored in a Gateway Access database.
All information has been plotted on section and in plan to match against neighbouring
holes and determine likely validity of the data
QA/QC data is not currently available.
Sampling and assay data are considered fit for purpose.
Location of data
points

Accuracy and quality of surveys used to locate drill holes (collar and down-hole
surveys), trenches, mine workings and other locations used in Mineral Resource
estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Drill hole location is initially recorded with a handheld Garmin GPS (+/- 3m) and will
eventually be recorded by Digital GPs (+/-1cm). A Reflex EZ North Seeking Gyro is
used to record the deviation of the drill holes (+/- 1deg)
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.

19

Criteria JORC Code explanation Commentary
A truncated AMG grid was established across the project area and hole collars were
measure from fixed survey pegs. These collar locations have been validated using
detailed aerial photography.
Downhole surveys were undertaken with an Eastman single shot camera on intervals
ranging from 30 to 50m.
Location data is considered fit for purpose.
Data spacing
and distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient to establish the degree of
geological and grade continuity appropriate for the Mineral Resource and Ore
Reserve estimation procedure(s) and classifications applied.

Whether sample compositing has been applied.

Refer to tables within text for data spacing.

Holes drilled within this program in combination with the historical holes and their
related samples are deemed to be appropriate for resource estimation.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Please See Table 1 for Results
Drilling at the Whistler, Montague and Caledonian targets have been drill tested in
various spacings. Typically immediately below the historial open pit mines the spacing is
a nominal 25 x 25m and as the drilling moves deeper and along strike expands to 25 x
50m and 50 x 50m.
Orientation of
data in relation
to geological
structure

Whether the orientation of sampling achieves unbiased sampling of possible
structures and the extent to which this is known, considering the deposit type.

If the relationship between the drilling orientation and the orientation of key
mineralized structures is considered to have introduced a sampling bias, this should
be assessed and reported if material.

Drill lines are orientated perpendicular to the perceived strike of the mineralized
structure. Drilling at Whistler intercepts mineralisation at an oblique angle to the dip
(~15deg off). The orientation of drilling is suitable for the mineralisation style and
orientation of minerlisation.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
Drilling directions at Whistler, Montague and Caledonian targets have been drilled
perpendicular to strike (90-270) and in the across dip direction in most cases.
The majority of holes have been drilled at a 60 to 90 degree dip and intersected the
mineralisation at an appropriate angle.
In some cases reverse angled holes have been completed to test for short range
controls on the gold mineralisation.
The orientation of the drilling is suitable for the mineralisation style and orientation of
the mineralisation at the Whistler, Montague and Caledonian Targets.

20

Criteria JORC Code explanation Commentary
Sample security
The measures taken to ensure sample security.

Calico samples are sealed into green/poly weave bags and cable tied. These are then
sealed in bulka bags and transported to the laboratory in Perth by company staff or
trusted contractors or established freight companies.
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.
No information.
Audits or
reviews

The results of any audits or reviews of sampling techniques and data.

Drilling results are cross checked by company geologists and consulting geologists
(OMNI GeoX Pty Ltd.)
Historical Drilling:
All information referred in this report not collected in this current program has been
accessed through verifying historical company reports and/or available digital
databases.

21