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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: o 5 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

2

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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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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 hole
collar
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

10

Criteria
JORC Code explanation
Commentary
o dip and azimuth of the hole
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.
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.

11

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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