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GREAT DIVIDE MINING LTD — Regulatory Filings 2023
Dec 19, 2023
64975_rns_2023-12-19_a9427701-b2fc-45d0-ba44-42c87b87fd3a.pdf
Regulatory Filings
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ASX Release
20 December 2023
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Encouraging Gold assays from initial RC drilling at Yellow Jack
Great Divide Mining Ltd (the Company or GDM ) (ASX:GDM), a new Queensland gold, antimony and critical metals explorer, is pleased to announce initial RC drilling assays following its maiden drilling campaign at Yellow Jack last month.
Key Points:
-
Assays from 17 RC drill holes have been received, which included significant gold intercepts of:
o5 m @ 1.97 g/t Au from 69 m depth in hole 23YJRC202- § including 1 m @ 4.19 g/t Au from 69 m depth
-
15 m @ 1.65 g/t Au from 75 m depth in hole 23YJRC204
- § including 4 m @ 2.59 g/t Au from 75 m depth
-
5 m @ 2.45 g/t Au from 155 m depth in hole 23YJRC213
-
6 m @ 3.25 g/t Au from 66 m depth in hole 23YJRC216
-
Initial results indicate that the gold mineralisation is open along strike and at depth
-
A full 3D interpretation will be completed over the coming weeks, after the assays for the final three drill holes are received
Commenting on the initial assay results, Chief Executive Officer of Great Divide Mining, Justin Haines, said:
“We are pleased to report assays from our initial drilling campaign at Yellow Jack – representing not only our first results at Yellow Jack, but our first drilling campaign since listing on ASX in August 2023.
“The results to date are encouraging, with two of the widest intersections being in the far Northern end of the Project (15 m @ 1.65 g/t Au in hole 23YJRC204 and 6 m @ 3.25 g/t Au in hole 23YJRC216) indicating the Gold mineralisation may both widen and extend further to the North than previously thought.
“Further assays are due early next year from our diamond drilling at Yellow Jack. Once we receive those results we will be better placed to consider an upside revision of our previously announced JORC Mineral Resource Estimate of over 51,000 oz contained Gold[1] as well as look towards a mining lease application early next year.”
The Yelow Jack drilling campaign included 20 holes totalling 1,820m of Reverse Circulation (RC) drilling and 250m of Diamond Drilling, for a total of 2,070m drilled. The drilling campaign was designed to confirm historical drilling results and to test resource extension both at depth and along strike, with historical drilling having been limited to less than 70m vertical depth. This campaign follows the recently announced Mineral Resource Estimate at Yellow Jack of 1.84 Mt at 0.86 g/t Gold (Au) for 51,100 oz contained Au above a 0.5 g/t Au cut-off grade[2] .
Significant gold intercepts from the first 17 RC drill holes are shown below in Table 1. The gold mineralisation is largely associated with quartz veining within fault structures hosted by sedimentary host rocks.
The final assays for the remaining three diamond drill holes are due back over the coming weeks. After this, a full 3D interpretation will be completed.
1 Refer to note “Yellow Jack Mineral Resource Estimate” below.
2 Refer to note “Yellow Jack Mineral Resource Estimate” below.
Great Divide Mining Ltd ACN 655 868 803
GPO Box 154 Brisbane QLD 4001
greatdividemining.com.au
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Figure 1: Location map of the Yellow Jack Project, Queensland
Table 1: Yellow Jack Significant Gold Intercepts > 1 g/t Au for first 17 RC drill hole (0.5 g/t Au cut-off grade).
| Hole | m | To m | Interval m | Weighted Average Grade Au g/t |
|---|---|---|---|---|
| 23YJRC200 | 9 | 12 | 3 | 1.42 |
| 23YJRC201 | 12 | 15 | 3 | 1.07 |
| 23YJRC202 | 14 | 15 | 1 | 1.58 |
| 23YJRC202 | 69 | 74 | 5 | 1.97 |
| 23YJRC202 | 69 | 70 | 1 | 4.19 |
| 23YJRC203 | 14 | 16 | 2 | 1.11 |
| 23YJRC203 | 36 | 37 | 2 | 1.43 |
| 23YJRC204 | 75 | 90 | 15 | 1.65 |
| 23YJRC204 | 75 | 79 | 4 | 2.59 |
| 23YJRC204 | 86 | 87 | 1 | 3.88 |
| 23YJRC210 | 110 | 112 | 2 | 1.12 |
| 23YJRC211 | 103 | 104 | 1 | 1.05 |
| 23YJRC211 | 132 | 134 | 2 | 2.24 |
| 23YJRC213 | 41 | 42 | 1 | 1.52 |
| 23YJRC213 | 155 | 160 | 5 | 2.45 |
| 23YJRC214 | 62 | 65 | 3 | 2.02 |
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| 23YJRC214 | 75 | 78 | 3 | 1.6 |
|---|---|---|---|---|
| 23YJRC215 | 21 | 23 | 2 | 1.26 |
| 23YJRC215 | 57 | 59 | 2 | 1.7 |
| 23YJRC216 | 66 | 72 | 6 | 3.25 |
| 23YJRC216 | 74 | 77 | 3 | 1.31 |
A drill hole map is included in Appendix A and drill collar details are included in Appendix B .
ASX release authorised by the Board of Great Divide Mining Ltd.
For further information: Investors and Media: Justin Haines Reign Advisory Chief Executive Officer e: [email protected] e: [email protected] p: +61 2 9174 5388
About Great Divide Mining Ltd (ASX: GDM)
Great Divide Mining is a Gold, Antimony and critical metals explorer in Queensland, with four projects across twelve tenements (including one in application). GDM’s focus is on developing assets within areas of historical mining and past exploration with nearby infrastructure, thus enabling rapid development. Through a staged exploration and development programme, GDM intends to generate cash flow from its initial projects to support further exploration across its portfolio of highly prospective tenements.
Yellow Jack Mineral Resource Estimate
The Company confirms that with respect to the Yellow Jack Mineral Resource Estimate (MRE), released in GDM’s ASX Annoucement on 4 October 2023, that it is not aware of any new information or data which materially affects the information included in the relevant market announcement, and in relation to estimates of mineral resources or ore reserves and exploration targets, all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed.
Competent Persons Statement
The information in this announcement that relates to Exploration Results based on information compiled by Mr Justin Haines who is CEO of Great Divide Mining Ltd and a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM) and a Member of the Australian Institute of Geoscientists (AIG). Mr Haines has sufficient experience that is relevant to the styles of mineralisation and types of deposit under consideration, and to the activity that is being undertaking to qualify as a Competent Person, as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.’ Mr Haines is an employee of GDM, and consents to the inclusion in this report of the matters based on his information in the form and context in which it appears
Forward-Looking Statements
This announcement may contain forward-looking information about the Company and its operations. In certain cases, forward-looking information may be identified by such terms as "anticipates", "believes", “should”, "could", "estimates", “target”, “likely”, “plan”, "expects", "may", “intend”, "shall", "will", or "would". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements are subject to risk factors associated with the Company’s business, many of which are beyond the control of the Company. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements.
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Appendix A: Yellow Jack drill hole map
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4
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Appendix B: Yellow Jack drill collar, survey and observed mineralisation information
| Hole | Drill Type | GPS Collar GDA94 | GPS Collar GDA94 | (m) | Hole Azim (Mag) |
Hole Dip (deg) |
Total Depth (m) |
Depth to Oxidation (m) |
Mineralisation Comments |
|---|---|---|---|---|---|---|---|---|---|
| East | North | RL | |||||||
| 23YJRC200 | RC | 273866 | 7861058 | 627 | 113 | -60 | 94 | 40 | No significant mineralisation observed |
| 23YJRC201 | RC | 273831 | 7861080 | 618 | 113 | -60 | 94 | 72 | Minor quartz veining observed 16-72m |
| 23YJRC202 | RC | 273793 | 7861099 | 612 | 113 | -60 | 94 | 53 | Minor quartz veining observed 55-62m, 68-73m |
| 23YJRC203 | RC | 273974 | 7861364 | 616 | 113 | -60 | 64 | >64 | Minor quartz veining observed 14-17, 25-37, 40-41m |
| 23YJRC204 | RC | 273939 | 7861380 | 618 | 113 | -60 | 94 | 92 | Minor quartz veining observed 32-43, 61-79, 85-89m |
| 23YJRC205 | RC | 273525 | 7860183 | 624 | 113 | -60 | 70 | 65 | No significant mineralisation observed |
| 23YJRC206 | RC | 273493 | 7860200 | 628 | 113 | -60 | 124 | 89 | No significant mineralisation observed |
| 23YJRC207 | RC | 273453 | 7860216 | 636 | 113 | -60 | 130 | 92 | Quartz veining observed 3% 39-40m, 8% 109-110m, 5% 117-118m |
| 23YJRC208 | RC | 273567 | 7860248 | 622 | 113 | -60 | 124 | 96 | Quartz veining observed 3% 26-31m, 1% 31-33m and 42-45m, 1% 70-71m, 8% 75- 77m, 3% 99-100m, 2% 102-104m |
| 23YJRC209 | RC | 273529 | 7860268 | 619 | 113 | -60 | 118 | 90 | Quartz veining observed 10% 59-60m, 1% 60-69m, 2% 69-70m, 5% 72-73m, 3% 81- 83m, 1% 96-97m and 101-107m |
| 23YJRC210 | RC | 273496 | 7860288 | 618 | 113 | -60 | 130 | 85 | Minor quartz veining observed 9-34m, 2 % 30-34m, 2% 107-110m, 2-5% 110-119m |
| 23YJRC211 | RC | 273551 | 7860410 | 623 | 113 | -60 | 154 | 132 | Quartz veining observed 2-3% 31-41m, 2-5% 65-80m, 2-3% 88-94m, 10% 103-104m, 3% 107-109m, 8% 119-121m, 2% 121-127m. |
| 23YJRC212 | RC | 273696 | 7860421 | 612 | 113 | -60 | 64 | >64 | Quartz veining observed 3% 4-6m |
| 23YJRC213 | RC | 273598 | 7860613 | 619 | 113 | -60 | 184 | 133 | Quartz veining observed 8% 22-25m, 2-5% 26-29m, 10% 41-42m, 2% 52-55, 59-62, 66-68, 76-77, 160-165m, 5% 154-160m |
| 23YJRC214 | RC | 273584 | 7860383 | 627 | 113 | -60 | 94 | >94 | Quartz veining observed 10% 56-57m, 60% 57-58m, 5-10% 58-63m, 80% 63-65m, 10% 75-78m |
| 23YJRC215 | RC | 273741 | 7860664 | 615 | 113 | -60 | 94 | >94 | Quartz veining observed 10% 20-21m, 5% 21-23m, 5% 57-61m |
| 23YJRC216 | RC | 273906 | 7861306 | 612 | 113 | -60 | 94 | 77 | Minor quartz veining observed 68-71m |
| 23YJDD217 | DD-HQ3 | 273871 | 7861230 | 622 | 113 | -60 | 86.2 | 62 | Quartz veining observed 43.17-43.24m, 43.89-43.93m, 54.82-54.96m, 61.91- 61.97m, minor veins 70.7-75.12m, vaining within shear zones |
| 23YJDD218 | DD-HQ3 | 273743 | 7860843 | 608 | 113 | -60 | 81.9 | 60.95 | Minor quartz vein 7.82-7.85m, 36.27-36.52m, 3% veins 53.76-54.73m |
| 23YJDD219 | DD-HQ3 | 273623 | 7860457 | 626 | 113 | -60 | 81.9 | > 81.9 | Quartz veining observed throughout 25.57-39.9m |
Great Divide Mining Ltd
ACN 655 868 803
GPO Box 154 Brisbane QLD 4001
greatdividemining.com.au
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Appendix C: JORC Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Sampling | • | Nature and quality of sampling (eg cut | • |
GDM completed 20 drill holes totalling 1,820m of Reverse Circulation (RC) drilling and |
| techniques | 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 |
• • |
250m of Diamond Drilling, for a total of 2,070m drilled. RC drill holes were sampled as individual, 1 m length samples from the drill rig cyclone and sample splitter. Individual 1 metre samples were collected as a ~10% split using a splitter mounted below the cyclone, with the remainder of the RC chips collected into large green plastic bags. Four (4) metre RC composite samples were taken in zones that were logged as having |
|
| as limiting the broad meaning of | no visual mineralisation, at the geologist’s discretion. The composite samples were taken | |||
| sampling. | using a sample spear, by compositing together RC chips from the green plastic bags. | |||
| • • |
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 |
• • |
Individual RC samples were collected in numbered calico sample bags and grouped into large white ployweave bags for dispatch (approximately five per bag). These were then taken by GDM to ALS laboratory, Townsville. Diamond core samples were collected using a diamond core cutter on site. Quarter core samples 1 m in length were placed into numbered calico bags and despatched to the |
|
| Public Report. | Laboratory. | |||
| • | In cases where ‘industry standard’ | • | No drilled intervals were left unsampled. | |
| work has been done this would be | • | Back-up samples for every 1 m drill interval were also collected and securely stored on | ||
| relatively simple (eg ‘reverse | site. | |||
| 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 | ||||
| (eg submarine nodules) may warrant | ||||
| disclosure of detailed information. | ||||
| Drilling | • | Drill type (eg core, reverse circulation, | • |
Eagle Drilling Contractors completed the drilling program for GDM. |
| techniques | open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard |
• • |
Reverse circulation drilling utilising a 5.5inch RC face-sampling hammer. Diamond core drilling utilised triple tube HQ3 size coring methods. |
6
| Criteria | JORC Code explanation | Commentary | ||
| tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what |
• • |
PVC casing was used at each hole to protect the collar. Drilling methods and equipment were to best industry standard. |
||
| _method, etc). _ | ||||
| Drill sample | • | Method of recording and assessing | • | For RC drilling, recovery can be monitored by observing the consistency of drill chip |
| recovery | • • |
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 |
• • |
amounts collected for each 1 m sample. RC samples were weighed at the rig and recorded. No significant loss of recovery was observed in any 1 m intervals Samples were largely dry, with only a few samples being moist. No significant zones of wet RC samples were encountered impacting the recovery. HQ core samples were measured and photographed in the split at the rig. The depths and recoveries were recorded. |
| whether sample bias may have | • | No significant core loss intervals were recorded. The overall recovery for core drilling | ||
| occurred due to preferential loss/gain | averaged >90%. | |||
| of fine/coarse material. | • | Sample assays are awaited. | ||
| Logging | • | Whether core and chip samples have | • | Geological logs were completed for all drill holes by an experienced geologist. |
| • | 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 |
• • • |
The drill core and chip samples has been geologically and geotechnically logged to a level to support appropriate mineral resource estimation, mining studies and metallurgical studies. The lithology, weathering, oxidation, colour, grainsize, texture, alteration, veining, structure and mineralisation were recorded in digital spreadsheets at the time of drilling. Core is logged both qualitatively and quantitatively. |
|
| costean, channel, etc) photography. | • | Logs are largely qualitative in nature using company logging codes. | ||
| • | The total length and percentage of the relevant intersections logged. |
• • |
Logging of mineralisation and quartz veining is largely quantitative. Core and chip tray photography was completed on site. |
|
| Sub-sampling | • | If core, whether cut or sawn and | • | The entire drilling program was sampled using 1m intervals. |
| techniques and sample preparation |
• • |
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, |
• • |
Quarter core has been sampled by cutting using a diamond saw 4 x 1m speared composites were created of selected low-potential mineralisation zones at the geologist’s direction. The aim is to return the 1m individual samples to the Laboratory, if any 4 m composite samples are anomalous.. |
| 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 |
7
| Criteria | JORC Code explanation | Commentary | |
| 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 | •Assays have been received for the 17 RC drill holes. |
| assay data and laboratory tests |
• |
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 |
•Laboratory QAQC reports are assessed on receipt. •Samples were dried, crushed and pulverised by the Laboratory. •Samples were then assayed using a 50g fire assay for gold with AAS finish, which is considered appropriate for this style of mineralisation. Fire assay is considered total assay for gold. All other elements will be assayed using ICP-OES (mixed acid digest). |
| parameters used in determining the | •QAQC samples were included into the sample sequence at regular intervals. One in 20 | ||
| analysis including instrument make | samples is a duplicate, one in 40 samples is a blank and one in 40 are Certified | ||
| and model, reading times, calibrations factors applied and their derivation, etc. |
Reference Materials (i.e. standards). •QAQC sample results received to date are within normal tolerance limits. |
||
| • | 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. | |||
| Verification of | • | The verification of significant | •20 drill holes were drilled and all data recorded in the field has been entered into a digital |
| sampling and | intersections by either independent or | database. | |
| assaying | • • |
alternative company personnel. The use of twinned holes. Documentation of primary data, data entry procedures, data verification, |
•Digital drill data has been safely stored on GDM’s server. •6 holes were twins of historical drill holes, (3 cored and 3 RC). New assay results of the twinned holes will be compared to the original assay results of the historical drill hole. |
| data storage (physical and electronic) | |||
| protocols. | |||
| • | Discuss any adjustment to assay | ||
| data. | |||
| Location of | • | Accuracy and quality of surveys used | •All collar locations were initially recorded with a handheld Garmin GPS with a +/- 3m to |
| data points | • • |
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 |
5m accuracy. •All collar locations will be re-surveyed using a more accurate DGPS in the coming weeks. •All coordinates were recorded as GDA94 Zone 55. •A table of drill hole collar details is included in the announcement. |
8
| Criteria | JORC Code explanation | Commentary | |
| control. | |||
| Data spacing | • | Data spacing for reporting of | •Due to the exploratory nature of the drilling, spacing of holes currently varies between |
| and | Exploration Results. | 40m and 160m (see drill hole map in the announcement). | |
| distribution | • | 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. | |||
| Orientation of | • | Whether the orientation of sampling | •Drill holes were oriented roughly perpendicular to the interpreted vein orientation to limit |
| data in relation to geological structure |
achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. |
any bias. | |
| • | 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. | |||
| Sample | • | The measures taken to ensure | •Samples were numbered in the field at the time of collection and recorded into a |
| security | sample security. | database | |
| •Drill core was photographed at the time of collection and again once boxed into core | |||
| trays. | |||
| •RC chip trays were photographed soon after the time of collection. | |||
| •Samples were stored securely onsite then transported directly to ALS Townsville by | |||
| GDM contractors. | |||
| •No third party was involved with the handling of the sample between collection and drop | |||
| off. | |||
| Audits or | • | The results of any audits or reviews of | •No review of field data has been undertaken at this stage. |
| reviews | sampling techniques and data. |
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria JORC Code explanation |
Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary |
|---|---|---|---|---|---|---|---|---|
| Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. |
•The Project tenements comprise EPM 17321. This licence is currently held 100% by Laura Exploration Pty Ltd, a 100% owned subsidiary of Great Divide Mining Ltd (ASX:GDM) •Refer to the Independent Solicitor’s Report on Tenements in the GDM Prospectus dated May 2023. •The tenement is in good standing. |
|||||||
| Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. |
•Whim Creek and Sons of Gwalia (JV) discovered the Yellow Jack gold deposit in the 1990s. The JV completed geochemical sampling programs and drilling programs (RAB, Aircore, RC drilling) during the 1990s. •Exploration reported herein has been conducted by GDM or its consultants and contractors. |
|||||||
| Geology • Deposit type, geological setting and style of mineralisation. |
•The Yellow Jack project is in the southwest of the Broken River Province, North Queensland, which is dominated by northeast-trending, deformed Ordovician to Devonian marine sediments and subordinate mafic volcanic rocks of the Graveyard Creek Sub-province. •GDM considers that the Yellow Jack Project is prospective for mesothermal (orogenic) vein and intrusion-related gold deposits. The district contains numerous old gold mine workings and known mineral occurrences. Yellow Jack lies ~80 km to the SE of the Kidston Gold Deposit. |
|||||||
| Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill holecollar o elevation or RL (Reduced Level –elevation above sea level in metres) of the drill hole collar |
•All drill | hole collar information is listed as follows (GDA94 Z55): Drill Type GPS Collar GDA94(m) Hole Azim (Mag) Hole Dip (deg) Total Depth (m) East North RL RC 273866 7861058 627 113 -60 94 RC 273831 7861080 618 113 -60 94 RC 273793 7861099 612 113 -60 94 RC 273974 7861364 616 113 -60 64 RC 273939 7861380 618 113 -60 94 |
||||||
| Hole | Drill Type | GPS Collar GDA94 | (m) | Hole Azim (Mag) |
Hole Dip (deg) |
Total Depth (m) |
||
| East | North | RL | ||||||
| 23YJRC200 | RC | 273866 | 7861058 | 627 | 113 | -60 | 94 | |
| 23YJRC201 | RC | 273831 | 7861080 | 618 | 113 | -60 | 94 | |
| 23YJRC202 | RC | 273793 | 7861099 | 612 | 113 | -60 | 94 | |
| 23YJRC203 | RC | 273974 | 7861364 | 616 | 113 | -60 | 64 | |
| 23YJRC204 | RC | 273939 | 7861380 | 618 | 113 | -60 | 94 | |
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| Criteria JORC Code explanation |
Commentary | ||||||||
o dip and azimuth of the holeo down hole length and interceptiondepth 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. |
23YJRC205 | RC | 273525 | 7860183 | 624 | 113 | -60 | 70 | |
| 23YJRC206 | RC | 273493 | 7860200 | 628 | 113 | -60 | 124 | ||
| 23YJRC207 | RC | 273453 | 7860216 | 636 | 113 | -60 | 130 | ||
| 23YJRC208 | RC | 273567 | 7860248 | 622 | 113 | -60 | 124 | ||
| 23YJRC209 | RC | 273529 | 7860268 | 619 | 113 | -60 | 118 | ||
| 23YJRC210 | RC | 273496 | 7860288 | 618 | 113 | -60 | 130 | ||
| 23YJRC211 | RC | 273551 | 7860410 | 623 | 113 | -60 | 154 | ||
| 23YJRC212 | RC | 273696 | 7860421 | 612 | 113 | -60 | 64 | ||
| 23YJRC213 | RC | 273598 | 7860613 | 619 | 113 | -60 | 184 | ||
| 23YJRC214 | RC | 273584 | 7860383 | 627 | 113 | -60 | 94 | ||
| 23YJRC215 | RC | 273741 | 7860664 | 615 | 113 | -60 | 94 | ||
| 23YJRC216 | RC | 273906 | 7861306 | 612 | 113 | -60 | 94 | ||
| 23YJDD217 | DD-HQ3 | 273871 | 7861230 | 622 | 113 | -60 | 86.2 | ||
| 23YJDD218 | DD-HQ3 | 273743 | 7860843 | 608 | 113 | -60 | 81.9 | ||
| 23YJDD219 | DD-HQ3 | 273623 | 7860457 | 626 | 113 | -60 | 81.9 | ||
| Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • The assumptions used for any reporting of metal equivalent values should be clearly stated. |
• All gold intercepts quoted within the report are weighted averages Gold (g/t), using a cut-off of 0.5 g/t Au. • Where gold duplicate samples were part of the intercept (two samples from the same interval), the average of the two samples was used for that intercept. • In rare cases, one assay below the cut-off (internal “waste”) was included in the intercept. |
||||||||
| Relationship between mineralisatio n widths and intercept lengths • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should |
•Geometry of mineralisation within this document are unknown, and all intersections should be considered as down-hole length only, as true width is not known. •The gold intecepts quoted in the report are thought to be close to being perpendicular but they are not true widths. |
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| Criteria | JORC Code explanation | Commentary | ||||
| be a clear statement to this effect (eg | ||||||
| ‘down hole length, true width not | ||||||
| _known’). _ | ||||||
| Diagrams | • | Appropriate maps and sections (with | • | All diagrams are located within the body of this report. | ||
| scales) and tabulations of intercepts | ||||||
| should be included for any significant | ||||||
| discovery being reported These should | ||||||
| include, but not be limited to a plan | ||||||
| view of drill hole collar locations and | ||||||
| appropriate sectional views. | ||||||
| Balanced | • | Where comprehensive reporting of all | ||||
| reporting | Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting |
• • • |
Observed veining has been reported - its relationship to grades is unknown. Balanced reporting of Exploration Results is presented. |
|||
| of Exploration Results. | ||||||
| Other | • | Other exploration data, if meaningful | • | All meaningful and material data is reported within the body of the report. | ||
| substantive | and material, should be reported | |||||
| exploration data |
including (but not limited to): geological observations; geophysical survey results; geochemical survey results; |
|||||
| bulk samples – size and method of | ||||||
| treatment; metallurgical test results; | ||||||
| bulk density, groundwater, geotechnical | ||||||
| and rock characteristics; potential | ||||||
| deleterious or contaminating | ||||||
| substances. | ||||||
| Further work | • | The nature and scale of planned further | • | A detailed 3D interpretation will be completed over the coming months. | ||
| work (eg tests for lateral extensions or depth extensions or large-scale step- |
• | Further drilling is planned to test possible extensions to mineralisation. | ||||
| out 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. |
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