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GREAT BOULDER RESOURCES LIMITED — Regulatory Filings 2016
Dec 8, 2016
64967_rns_2016-12-08_7d49b552-2831-4797-9b27-d7f251190872.pdf
Regulatory Filings
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9 December 2016
Significant Gold Intersections at Balagundi
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First Phase RC Drilling Identifies Extensive Gold Mineralisation at Balagundi
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An initial 41 hole RC drill programme totaling 3,574m has been completed at Balagundi with exceptional results received from the Mt Bellew North trend
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Gold mineralisation has been intersected along the entire Mt Bellew North trend and remains open in all directions
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Of particular note are the high-grade zones open to the north and newly discovered thick zones of oxide mineralisation to the south and west
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Due to the extensive mineralisation identified in this initial programme, an RC drill rig has been mobilised back to Balagundi today to undertake extensional drilling ahead of the seasonal break
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Results from the Mt Bellew East and South trends are expected shortly and will be reported once all results are returned
Great Boulder Resources Limited (ASX: GBR) (“Great Boulder”) is pleased to release the initial results from the first phase RC drill programme at its flagship Balagundi project, 20km east of Kalgoorlie. Significant new intersections include:
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4m at 5.64g/t gold from 135m downhole, including 2m at 10.4g/t
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4m at 3.47g/t gold from 26 m downhole, including 1m at 8.98g/t and 1m at 4.34g/t
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4m at 3.50g/t gold from 75m downhole, including 1m at 12.6g/t
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4m at 4.50g/t gold from 116m downhole
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27m at 1.42g/t gold from 21m downhole, including 4m at 2.54 g/t
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8m at 1.52g/t gold from 35m downhole, including 2m at 2.96g/t
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15m at 1.25g/t gold from 17m downhole, including 2m at 5.21g/t
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6m at 1.86g/t gold from 15m downhole, including 2m at 2.76g/t
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20m at 1.21g/t gold from 60m downhole, including 4m at 2.06g/t
These results are in addition to the previously reported[1] significant intersections along the Mt Bellew North trend, including:
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24m at 19.1g/t gold from surface
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4m at 40.4g/t gold from 99m downhole
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4m at 5.8g/t gold from 4m downhole
Drilling along the Mt Bellew North trend was designed to test extensions of known gold mineralisation and verify previous drill intersections. Significant near surface gold mineralisation has now been confirmed along the existing 220m trend with follow-up RC drilling to commence immediately, testing additional dip and strike extensions to this trend.
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Commenting on the first phase RC drilling at Balagundi, Great Boulder Managing Director Stefan Murphy said results have exceeded expectation, with confirmation of high grade mineralisation and thick near-surface oxide mineralisation attractive for an early start-up strategy.
“We are very pleased with the continuity of mineralisation along the Mt Bellew North trend, with defined zones of high grade mineralisation associated with quartz lode systems extending throughout the Balagundi project.
“Given the extensive historical workings along the Mt Bellew trend and previous high grade drill intersections, we were confident that this initial RC programme would define mineralised lodes and controlling structures. Where we have been particularly surprised is the thickness and extent of shallow oxide mineralisation along the western and southern margin of the trend.
“In line with our early-production strategy for Balagundi, drilling was concentrated in the top 100m with an average downhole drill depth of only 87m. The shallow drilling allowed greater coverage and density of drilling along the Mt Bellew trend which has provided better geological control and identified exciting new zones of mineralisation. Much of the mineralisation is within the deeply weathered saprolite which is a soft, friable horizon amenable to low-cost, free-dig open pit mining methods.
“One of the key benefits of our Balagundi project is its close proximity to Kalgoorlie and related infrastructure. Our strategy is to implement targeted exploration programmes to ensure optimal drilling and cost effective exploration. As this current programme has identified several areas of open mineralisation we will commence a follow-up drill programme at Balagundi today.”
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Mt Bellew
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Mt Bellew North
4m @ 3.5g/t Au 4m @ 40.4g/t Au
inc. 1m @ 12.6g/t 4m @ 5.6g/t Au Significant Results
inc. 2m @10.4g/t
27m @ 1.4g/t Au Previously Reported
inc. 4m @ 2.5g/t 8m @ 1.5 g/t Au
inc. 2m @3.0g/t New Results
24m @ 19.1g/t Au
20m @ 1.2 g/t Au
15m @ 1.3g/t Au 6m @ 1.9 g/t Au
inc. 2m @ 5.2g/t
4m @ 4.5 g/t Au
4m @ 5.8g/t Au
3m @ 1.3g/t Au; plus
4m @ 3.5g/t Au
inc. 1m @ 9.0g/t; and
12m @ 15.2g/t Au
inc. 1m @ 4.3g/t
Mt Bellew East
(results pending)
Mt Bellew South
(results pending)
8m @ 3.3g/t Au
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Balagundi Project – Arsenic soil anomaly over RTP Magnetic Image with Mt Bellew inset
Enlarged Mt Bellew trends - Interpreted structures and drill results[1]
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Balagundi Project – Mt Bellew North trend cross section 6599560N
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Balagundi Project – Mt Bellew North trend cross section 6599485N
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Balagundi Project – Mt Bellew trend cross section 6599425N
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400z
300z
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Balagundi Project – Mt Bellew trend cross section 6599385N
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400z
Balagundi Project – Mt Bellew
trend cross section 6599385N
300z
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Next Steps
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A follow-up RC programme will commence in the coming days, testing the north and south strike extensions of the Mt Bellew North trend, along with western up-dip near surface extensions.
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Results from the Mt Bellew East and South trends are expected shortly, and will be released following receipt and review of all results.
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Where 4m composite samples have retuned material grade intersections, 1m split samples will be collected and submitted to the laboratory for additional fire assay gold analysis.
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Results from the initial and follow-up RC drill programmes will be used to plan further extensional drilling at Balagundi in Q1 2017.
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In addition to the Mt Bellew trend, other prospects identified within the Balagundi project will be tested in Q1 2017 in order to determine the scale potential of the project.
Competent Person’s Statement
Exploration Results
Exploration information in this Announcement is based upon work undertaken by Mrs Melanie Leighton whom is a Member of the Australasian Institute of Geoscientists (AIG). Mrs Melanie Leighton 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’ (JORC Code). Mrs Melanie Leighton is a non-executive director of Great Boulder and consents to the inclusion in the report of the matters based on their information in the form and context in which it appears.
Forward Looking Statements
This Announcement is provided on the basis that neither the Company nor its representatives make any warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the Announcement and nothing contained in the Announcement is, or may be relied upon as a promise, representation or warranty, whether as to the past or the future. The Company hereby excludes all warranties that can be excluded by law. The Announcement contains material which is predictive in nature and may be affected by inaccurate assumptions or by known and unknown risks and uncertainties, and may differ materially from results ultimately achieved.
The Announcement contains “forward-looking statements”. All statements other than those of historical facts included in the Announcement are forward-looking statements including estimates of Mineral Resources. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, copper, gold and other metals price volatility, currency fluctuations, increased production costs and variances in ore grade recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any “forward-looking statement” to reflect events or circumstances after the date of the Announcement, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. All persons should consider seeking appropriate professional advice in reviewing the Announcement and all other information with respect to the Company and evaluating the business, financial performance and operations of the Company. Neither the provision of the Announcement nor any information contained in the Announcement or subsequently communicated to any person in connection with the Announcement is, or should be taken as, constituting the giving of investment advice to any person.
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Refer to Great Boulder Prospectus – Independent Geologist Report Section 7 and 8 (http://www.asx.com.au/asxpdf/20161116/pdf/43cyl0fqsmgg7y.pdf)
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Refer to Great Boulder Corporate Presentation (http://www.asx.com.au/asxpdf/20161118/pdf/43d0f0w4rhcfyh.pdf)
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Appendix- JORC Code, 2012 Edition Table 1
The following table relates to activities undertaken at the Balagundi project.
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | JORC Code explanation | Commentary |
|---|---|---|---|
| Sampling | | Nature and quality of sampling (eg cut | Reverse circulation drilling (RC) was used to produce a 1m |
| techniques | channels, random chips, or specific |
bulk sample and representative 1m split samples | |
| specialised industry standard measurement | (nominally a 12.5% split) were collected using a cone | ||
| tools appropriate to the minerals under | splitter. | ||
| investigation, such as down hole gamma | |||
| sondes, or handheld XRF instruments, etc). | Geological logging was completed and mineralised | ||
| These examples should not be taken as | intervals were determined by the geologists to be | ||
| limiting the broad meaning of sampling. | submitted as 1m samples. In logged unmineralised zones | ||
| a 4m composite (scoop) samples were submitted to the | |||
| | Include reference to measures taken to | laboratory for analysis. If these 4m composite samples | |
| ensure sample representivity and the | come back with anomalous grade the corresponding | ||
| appropriate calibration of any |
original 1m split samples are then routinely submitted to | ||
| measurement tools or systems used. | the laboratory for analysis. | ||
| | Aspects of the determination of |
The samples were crushed and split at the laboratory, | |
| mineralisation that are Material to the | with up to 3kg pulverised, with a 50g sample analysed by | ||
| Public Report. | industry standard fire assay with atomic absorption. | ||
| | In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to |
The sampling techniques used are deemed appropriate for the style of mineralisation and deposit type. |
|
| 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 |
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| mineralisation types (eg submarine |
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| nodules) may warrant disclosure of detailed | |||
| information. | |||
| Drilling | | Drill type (eg core, reverse circulation, open- | Reverse Circulation drilling used 140 to 130mm diameter |
| techniques | hole hammer, rotary air blast, auger, | drill bits. RC drilling employed face sampling hammers | |
| Bangka, sonic, etc) and details (eg core | ensuring contamination during sample extraction is | ||
| diameter, triple or standard tube, depth of | minimised. | ||
| diamond tails, face-sampling bit or other | |||
| type, whether core is oriented and if so, by | |||
| what method, etc). | |||
| Drill sample | | Method of recording and assessing core and | Drilling techniques to ensure adequate RC sample |
| recovery | chip sample recoveries and results assessed. | recovery and quality included the use of “booster” air | |
| pressure. Air pressure used for RC drilling was 700- | |||
| | Measures taken to maximise sample | 800psi. | |
| recovery and ensure representative nature | |||
| of the samples. | Logging of all samples followed established company | ||
| procedures which included recording of qualitative fields | |||
| | Whether a relationship exists between | to allow discernment of sample reliability. This included | |
| sample recovery and grade and whether | (but was not limited to) recording: sample condition, | ||
| sample bias may have occurred due to | sample recovery, sample split method. |
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| preferential loss/gain of fine/coarse |
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|---|---|---|---|
| material. | Overall logging of all sample recovery as “good” (100%) | ||
| and sample condition as “dry” (100%). | |||
| RC sample intervals recorded 53% 1m split samples, and | |||
| 46% 4m composite samples (generally composite | |||
| samples are in unmineralised zones). | |||
| No quantitative analysis of samples weights, sample | |||
| condition or recovery has been undertaken. | |||
| No quantitative twinned drilling analysis has been | |||
| undertaken at the project. | |||
| Logging | | Whether core and chip samples have been | Geological logging of samples followed established |
| geologically and geotechnically logged to a | company and industry common procedures. Qualitative | ||
| level of detail to support appropriate | logging of samples included (but was not limited to) | ||
| Mineral Resource estimation, mining |
lithology, mineralogy, alteration, veining and weathering. | ||
| studies and metallurgical studies. | |||
| | Whether logging is qualitative or |
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| quantitative in nature. Core (or costean, | |||
| channel, etc) photography. | |||
| | The total length and percentage of the | ||
| relevant intersections logged. | |||
| Sub-sampling | | If core, whether cut or sawn and whether | Splitting of RC samples occurred via cone splitter by the |
| techniques | quarter, half or all core taken. | RC drill rig operators. Cone splitting of RC drill samples | |
| and sample | occurred regardless of the sample condition. | ||
| preparation | | If non-core, whether riffled, tube sampled, | |
| rotary split, etc and whether sampled wet or | All samples were submitted to ALS Minerals (Kalgoorlie) | ||
| dry. | for analyses. The sample preparation included: | ||
| Samples were weighed and pulverised such that |
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| | For all sample types, the nature, quality and | a minimum of 85% passed 75um (ALS standard). | |
| appropriateness of the sample preparation | Analysis was undertaken using 50g for fire |
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| technique. | assay. | ||
| | Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. |
Sample length, weight and collection methods are considered acceptable for the exploration of these styles of gold mineralisation. |
|
| | 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. | |||
| Quality of | | The nature, quality and appropriateness of | All samples were assayed by industry standard methods |
| assay data | the assaying and laboratory procedures | through commercial laboratories in Australia (ALS | |
| and | used and whether the technique is | Minerals, Kalgoorlie). | |
| laboratory | considered partial or total. | ||
| tests | Typical analysis methods used; | ||
| | For geophysical tools, spectrometers, |
Au grades were analysed by Priority Fire |
|
| handheld XRF instruments, etc, the |
Analysis (50g charge). I.e. ALS standard method | ||
| parameters used in determining the | Au-AA26. | ||
| analysis including instrument make and |
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| model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. Routine “standard” (mineralised pulp) Certified Reference Material (CRM) were inserted by Great Boulder at a nominal rate of 1 in 50 samples. Routine “blank” (unmineralised pulp) Certified Reference Material were inserted at a nominal rate of 1 in 100 samples. Results from CRM (standards and blanks) gives confidence in the accuracy and precision of the assay data returned from ALS. The analytical laboratories provided their own routine quality controls within their own practices. Future studies will assess the insertion (and rate) and nature of standards or blanks in future drilling programmes. |
|
|---|---|
| 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. No verification of sampling and assaying has been undertaken in the drilling programme. Great Boulder has strict procedures for data capture, flow and data storage, and validation. Limited adjustments were made to returned assay data; values returned lower than detection level were set to the methodology’s detection level, and this was flagged by code in the database. |
|
| 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 collars were set out using a hand held GPS. Downhole surveys were completed on the drilling. Holes without downhole survey use planned or compass bearing/dip measurements for survey control. The MGA94 UTM zone 51 coordinate system was used for all undertakings.. |
|
| 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. The spacing and location of the majority of the drilling in the projects is, by the nature of early exploration, variable. At the Balagundi project, some of the drilling does have localised and nominal 20-40m by 60m spacing. In intervals qualitatively logged as unmineralised, 4 metre composite (scoop) samples were taken from the RC drill holes. Intervals qualitatively logged as mineralised are submitted as 1m samples. RC sample intervals recorded 53% 1m split samples, and 46% 4m composite sample. The spacing and location of data is currently only being considered for exploration purposes |
|
| Orientation of data in Whether the orientation of sampling achieves unbiased sampling of possible Drilling was nominally perpendicular to mineralisation where practical and where known, meaning that |
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| relation to | structures and the extent to which this is | intersection widths are broadly representative of the | |
|---|---|---|---|
| geological | known, considering the deposit type. | true width of mineralisation. | |
| structure | |||
| | If the relationship between the drilling | A list of the drillholes and orientations are reported with | |
| orientation and the orientation of key | significant intercepts is appended to this table. | ||
| mineralised structures is considered to have | |||
| introduced a sampling bias, this should be | Considering the types of mineralisation at the project, | ||
| assessed and reported if material. | the drilling orientations and subsequent sampling is | ||
| considered to be unbiased in its representation for | |||
| exploration reporting purposes. | |||
| Sample | | The measures taken to ensure sample | Great Boulder has strict chain of custody procedures that |
| security | security. | are adhered to for drill samples. All samples for each | |
| batch have the sample submission number/ticket | |||
| inserted into each bulk polyweave sample bag with the id | |||
| number clearly visible. The sample bag is stapled | |||
| together such that no sample material can spill out and | |||
| no one can tamper with the sample once it leaves the | |||
| company’s custody. | |||
| Audits or | | The results of any audits or reviews of | None completed. |
| reviews | sampling techniques and data. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC | Code explanation | Commentary | Commentary | |||
|---|---|---|---|---|---|---|---|
| Mineral | | Type, reference name/number, location | Great Boulder Resource Ltd (GBR) is comprised of |
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| tenement and | and ownership including agreements or | several projects with associated tenements; |
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| land tenure | material issues with | third parties such as | |||||
| status | joint ventures, partnerships, overriding | Balagundi Project tenements and details |
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| royalties, native title interests, historical | |
Mining lease M25/194 where Great Boulder | |||||
| sites, wilderness or national park and | has executed a JV agreement to earn 75% | ||||||
| environmental settings. | interest through exploration expenditure of | ||||||
| $1,000,000 AUD over five years. Following | |||||||
| | The security of the tenure held at the | satisfaction of the minimum expenditure | |||||
| time of reporting along with any known | commitment by GBR, Eastern Goldfields | ||||||
| impediments to obtaining a license | to | Mining Company Pty Ltd (EGMC - current | |||||
| operate in the area. | tenement owner) will have the right to | ||||||
| contribute to expenditure in the project at | |||||||
| its 25% interest level or choose to convert | |||||||
| to a 2% Net Smelter Royalty (NSR). Should | |||||||
| EGMC choose to convert its remaining | |||||||
| interest into a 2% NSR, then GBR will have a | |||||||
| 100% interest in the project. | |||||||
| Exploration | | Acknowledgment | and | appraisal | of | Previous explorers included: |
|
| done by other | exploration by other | parties. | | 1970’s. Eureka Minerals Pty Ltd | |||
| parties | | 1980’s. Texasgulf Australia Ltd, Hawk | |||||
| Investments Ltd, Delta Gold NL, Red River | |||||||
| Mining Ltd | |||||||
| | 1990’s. Delta Gold NL, Archean Gold NL, | ||||||
| Arcacia Resources Ltd, Kanowna Lights NL. | |||||||
| | This exploration undertaken includes soil | ||||||
| sampling, shallow wide-spaces Rotary Air | |||||||
| Blast (RAB) drilling and, aircore drilling over |
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| limited portions of the project. Some | |||
|---|---|---|---|
| limited RC drilling was undertaken by Delta | |||
| Gold NL and Acacia Resource Ltd. | |||
| 2000’s. Private exploration including RC and |
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| diamond drilling in limited portions of the | |||
| project. | |||
| Geology | | Deposit type, geological setting and style | Greenstone hosted, large-scale structural duplex |
| of mineralisation. | intruded by gabbroic sills, and lesser felsic porphyry | ||
| dykes, with E-W faults and NNW-trending structures, | |||
| with mineralised (and potential gold) vein systems | |||
| extending over strike length of several hundred | |||
| metres. | |||
| Drill hole | | A summary of all information material to | A complete list of the reported significant results from |
| Information | the understanding of the exploration | Great Boulder’s Balagundi drilling is provided as an | |
| results including a tabulation of the | appendix to this table. | ||
| following information for all Material drill | |||
| holes: | Any quoted results in the main report body, from | ||
| historic or previous company drilling or sampling | |||
o |
easting and northing of the drill hole | programmes, has been provided for historic and | |
| collar | qualitative purposes only. | ||
o |
elevation or RL (Reduced Level – elevation | Any historic or previous company drilling results not | |
| above sea level in metres) of the drill hole | included may be due to; a) uncertainty of result, | ||
| collar | location or other unreliability, b) yet to be assessed by | ||
| GBR, c) unmineralised, d) unsampled or unrecorded, | |||
o |
dip and azimuth of the hole | or e) not considered material. | |
o |
down hole length and interception depth | ||
o |
hole length. | ||
| | If the exclusion of this information is | ||
| justified on the basis that the information | |||
| is not Material and this exclusion does not | |||
| detract from the understanding of the | |||
| report, the Competent Person should | |||
| clearly explain why this is the case. | |||
| Data | | In reporting Exploration Results, |
In reported exploration results, length weighted |
| aggregation | weighting averaging techniques, |
averages are used for any non-uniform intersection | |
| methods | maximum and/or minimum grade |
sample lengths. Length weighted average is (sum | |
| truncations (eg cutting of high grades) | product of interval x corresponding interval assay | ||
| and cut-off grades are usually Material | grade), divided by sum of interval lengths and | ||
| and should be stated. | rounded to one decimal place | ||
| | Where aggregate intercepts incorporate | No top cuts have been considered in reporting of | |
| short lengths of high grade results and | grade results, nor was it deemed necessary for the | ||
| longer lengths of low grade results, the | reporting of significant intersections. | ||
| procedure used for such aggregation | |||
| should be stated and some typical | No metal equivalent values have been reported. | ||
| examples of such aggregations should be | |||
| shown in detail. | |||
| | The assumptions used for any reporting | ||
| of metal equivalent values should be | |||
| clearly stated. |
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| Relationship | | These relationships are particularly |
Drilling was nominally perpendicular to |
|
|---|---|---|---|---|
| between | important in the reporting of Exploration | mineralisation (where practical), meaning that the | ||
| mineralisation | Results. | intersections width are broadly representative of the | ||
| widths and | true width of mineralisation. | |||
| intercept | | If the geometry of the mineralisation with | ||
| lengths | respect to the drill hole angle is known, its | The relationship of mineralisation widths to the | ||
| nature should be reported. | intercepts of any historic drilling or drilling | |||
| undertaken by other previous companies is unknown. | ||||
| | If it is not known and only the down hole | |||
| lengths are reported, there should be a | ||||
| clear statement to this effect (eg ‘down | ||||
| hole length, true width not known’). | ||||
| Diagrams | | Appropriate maps and sections (with | Refer to figures in announcement. A plan view of | |
| scales) and tabulations of intercepts | reported significant intersection drillholes is included. | |||
| should be included for any significant | ||||
| discovery being reported These should | ||||
| include, but not be limited to a plan view | ||||
| of drill hole collar locations and |
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| appropriate sectional views. | ||||
| Balanced | | Where comprehensive reporting of all | It is not practical to report all exploration results as | |
| reporting | Exploration Results is not practicable, | such unmineralised intervals. Low or non-material | ||
| representative reporting of both low and | grades have not been reported. | |||
| high grades and/or widths should be | ||||
| practiced to avoid misleading reporting of | There has been selective sampling of historic holes | |||
| Exploration Results. | where mineralisation is observed. The grades (or lack | |||
| thereof) in unsampled material is unknown. | ||||
| The confidence in reported historic assays, results or | ||||
| drill productions is unknown. | ||||
| Other | | Other exploration data, if meaningful and | Available data from historic or previous exploration | |
| substantive | material, should be reported including | parties includes some soil sampling, geological | ||
| exploration | (but not limited to): geological |
mapping, and historic gold production figures. Where | ||
| data | observations; geophysical survey results; | possible, historic exploration data has been |
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| geochemical survey results; bulk samples | supported by limited or selected sampling and | |||
| – size and method of treatment; | geological mapping undertaken by GBR. | |||
| metallurgical test results; bulk density, | ||||
| groundwater, geotechnical and rock | ||||
| characteristics; potential deleterious or | ||||
| contaminating substances. | ||||
| Further work | | The nature and scale of planned | Potential work across the project may include | |
| further work (eg tests for lateral | detailed geological mapping and surface sampling, | |||
| extensions or depth extensions or | ground or airborne geophysics as well as |
|||
| large-scale step-out drilling). | confirmatory, exploratory or follow-up drilling. | |||
| | Diagrams clearly highlighting the | |||
| areas of possible extensions, |
||||
| including the main geological |
||||
| interpretations and future drilling | ||||
| areas, provided this information is not | ||||
| commercially sensitive. |
ASX Announcement
12
9 December 2016
==> picture [48 x 57] intentionally omitted <==
==> picture [48 x 57] intentionally omitted <==
Notes to Significant Intercepts tables and maps
-
The results comprise both 4m composite and 1m split samples lengths.
-
Results comprise 1m selective cone split samples (RC) and 4m composite samples (RC) with assay via Priority Fire Assay analysis (50g charge).
-
All results were analysed by ALS Minerals (Kalgoorlie)
-
The quoted Northing and Easting collar locations are in MGA 94 Zone 51 co-ordinate system.
| HoleID | Coordinates | Coordinates | Azim. Dip |
Intersection | Intersection | Interval | Gold | |
|---|---|---|---|---|---|---|---|---|
| Northing (mN) |
Easting (mN) |
RL | From | To | (m) | (g/t Au) | ||
| BGP0080 | 6599560 373753 |
417 | 270 -60 including |
75 79 75 76 |
4 1 |
3.50 12.65 |
||
| BGP0081 | 6599560 373785 |
416 | 270 -60 including |
135 139 135 137 |
4 2 |
5.64 10.43 |
||
| BGP0082 | 6599522 373785 |
417 | 270 -60 |
32 36 66 67 |
4 1 |
1.68 1.22 |
||
| BGP0083 | 6599485 373785 |
420 | 270 -60 |
17 19 21 48 |
2 27 |
1.52 1.42 |
||
| BGP0084 | 6599485 373825 |
421 | 270 -60 |
69 71 |
2 | 0.82 | ||
| BGP0085 | 6599465 373805 |
421 | 270 -60 including |
0 4 12 13 31 56 31 33 |
4 1 25 2 |
0.93 1.17 0.61 1.35 |
||
| BGP0086 | 6599465 373825 |
421 | 270 -60 |
35 43 |
8 | 1.52 | ||
| BGP0088 | 6599445 373840 |
423 | 270 -60 including |
38 39 55 57 64 84 76 80 |
1 2 20 4 |
2.34 0.84 0.63 0.93 |
||
| BGP0089 | 6599425 373815 |
423 | 270 -60 including |
0 2 12 14 17 32 17 19 |
2 2 15 2 |
1.10 0.92 1.25 5.22 |
||
| BGP0090 | 6599425 373845 |
424 | 270 -60 including |
19 24 34 36 60 80 64 72 |
5 2 20 8 |
1.09 1.29 1.21 1.75 |
||
| BGP0092 | 6599405 373860 |
423 | 270 -60 |
44 47 |
3 | 0.72 | ||
| BGP0093 | 6599405 373885 |
423 | 270 -60 including and |
15 21 15 16 17 19 25 28 33 34 |
6 1 2 3 1 |
1.86 2.36 2.76 1.49 0.95 |
||
| BGP0094 | 6599405 373905 |
423 | 270 -60 |
116 120 |
4 | 4.50 | ||
| BGP0095 | 6599385 373865 |
424 | 270 -60 |
4 7 10 13 25 29 31 34 |
3 3 4 3 |
0.86 1.30 3.47 1.02 |
||
| BGP0096 | 6599385 373885 |
424 | 270 -60 |
27 28 |
1 | 1.19 | ||
| BGP0097 | 6599385 373905 |
424 | 270 -60 |
81 82 87 92 |
1 5 |
1.07 0.87 |