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HASTINGS TECHNOLOGY METALS LTD — Capital/Financing Update 2014
Dec 9, 2014
65037_rns_2014-12-09_c237c573-eb1c-4ff0-9eca-598606762f6d.pdf
Capital/Financing Update
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10 DECEMBER 2014
Hastings Rare Metals Limited ABN 43 122 911 399
ASX Code: HAS
Level 25, 31 Market Street Sydney NSW 2000 PO Box Q128 Queen Victoria Building NSW 1225 Australia
Telephone: +61 2 8268 8689 Facsimile: +61 2 8268 8699 [email protected]
Board and Management Charles Lew (Chairman) Anthony Ho (Non Exec Director) Malcolm Mason (Non Exec Director)
DIAMOND DRILL RESULTS CONFIRM AND EXCEED PREVIOUS GRADES AT YANGIBANA PROJECT
HIGHLIGHTS
-
Infill diamond drilled core samples at Yangibana North confirm and exceed previous reverse circulation intersections
-
Best intersections:-
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4.3m at 2.1% total rare earths oxides (TREO) with 0.82% neodymium oxide equivalent (Nd2O3-Eq)*
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o7.4m at 1.8% TREO with 0.68% Nd2O3-Eq -
Deeper diamond holes confirm continuity of excellent grade rare earths mineralisation at depth at Yangibana North
-
Best intersections:-
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5.5m at 4.3% TREO with 1.64% Nd2O3-Eq
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2.7m at 2.6% TREO with 1.41% Nd2O3-Eq
www.hastingsraremetals.com
- Higher grade mineralisation associated with a magnetite-rich carbonatite identified at Yangibana North and Lion’s Ear, expanding long-term exploration targets at all prospects
INTRODUCTION
Hastings Rare Metals Limited (ASX:HAS) has received the final reverse circulation drilling and all diamond drilling assay results from its Stage 2 Drilling Programme at the Yangibana Project in the Gascoyne Region of Western Australia. The Programme has confirmed the potential of the Yangibana Project to host an economically-viable rare earths operation.
The results reported in this announcement would further enhance the JORC Resource Estimations of 6.79 million tonnes at 1.52 TRTEO that were previously announced. Collar data for all holes included in this announcement is provided in Appendix 1.
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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Yangibana North Prospect – Infill Drilling
Results were received for four infill diamond holes drilled within the original Indicated Resources as estimated in August by CoxRocks Pty Limited. These holes confirm the tenor of the earlier reverse circulation (RC) results and provided material for the measurement of specific gravity/bulk density of the mineralised zone. The locations of holes 48, 49, 52 and 53 are shown on Figure 1. All four infill holes returned results in line with expectation, with best intersections as shown in Table 1. Full assay data over the relevant intersections is provided in Appendix 2.
| Hole Number |
From (m) |
To (m) |
Int (m) |
% TREO |
% Nd2O3 |
% Pr2O3 |
ppm Dy2O3 |
ppm Eu2O3 |
% Nd2O3 -Eq |
|---|---|---|---|---|---|---|---|---|---|
| YGDD048 | 32.05 | 36.40 | 4.35 | 2.11 | 0.40 | 0.13 | 40 | 94 | 0.82 |
| YGDD049 | 57.48 | 64.88 | 7.40 | 1.83 | 0.35 | 0.11 | 24 | 66 | 0.68 |
| incl | 61.05 | 62.60 | 1.55 | 5.36 | 0.97 | 0.32 | 51 | 159 | 1.87 |
| YGDD052 | 9.00 | 12.10 | 3.10 | 1.46 | 0.28 | 0.09 | 41 | 83 | 0.61 |
| YGDD053 | 17.05 | 17.30 | 0.25 | 1.71 | 0.32 | 0.11 | 14 | 50 | 0.61 |
| and | 20.65 | 21.20 | 0.55 | 2.35 | 0.42 | 0.14 | 30 | 86 | 0.85 |
| and | 24.60 | 25.68 | 1.08 | 1.06 | 0.20 | 0.06 | 26 | 58 | 0.43 |
| and | 26.70 | 27.55 | 0.85 | 1.03 | 0.22 | 0.06 | 42 | 86 | 0.49 |
Table 1 – Yangibana Stage 2 Drilling Programme, Yangibana North Prospect, Infill DD Intersections
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Figure 1 – Yangibana Stage 2 Drilling Programme, Yangibana North Prospect, Infill and Deep Holes
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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Hole 49 provided the highest individual drill sample assay to date from Hastings’ drilling at Yangibana, with an interval of 0.63m at 10.9% TREO with 3.80% Nd2O3-Eq.
Yangibana North Prospect – Depth Extension Drilling
The three diamond holes drilled within the original Inferred Resources as estimated in August by CoxRocks Pty Limited confirmed the down dip extension of the mineralisation. The locations of holes 47, 50 and 55 are shown on Figure 1. Best intersections were as shown in Table 2.
| Hole Number |
From (m) |
To (m) |
Int (m) |
% TREO |
% Nd2O3 |
% Pr2O3 |
ppm Dy2O3 |
ppm Eu2O3 |
% Nd2O3- Eq |
|---|---|---|---|---|---|---|---|---|---|
| YGDD047 | 110.60 | 111.80 | 1.20 | 1.38 | 0.27 | 0.08 | 30 | 79 | 0.57 |
| YGDD050 | 48.74 | 54.25 | 5.51 | 4.31 | 0.79 | 0.25 | 73 | 178 | 1.60 |
| and | 57.25 | 57.80 | 0.55 | 1.27 | 0.23 | 0.07 | 34 | 68 | 0.50 |
| YGDD055 | 44.60 | 45.00 | 0.40 | 2.84 | 0.56 | 0.19 | 50 | 134 | 1.17 |
| and | 57.20 | 59.85 | 2.65 | 2.63 | 0.63 | 0.17 | 136 | 246 | 1.41 |
Table 2 – Yangibana Stage 2 Drilling Programme, Yangibana North Prospect, Deep DD Intersections
Full assay data over the relevant intersections is provided in Appendix 2.
Results from hole 47 met expectations, whereas holes 50 and 55 returned outstanding results. Hole 50 was collared 250m south of the outcropping ironstone and intersected the mineralisation at a depth of only 45m below surface (Figure 2). This hole returned the best intersection achieved by Hastings at the Yangibana Project to date. Of particular interest, the interval 48.74-49.90m (1.16m) averaged 8.00% TREO with 2.90% Nd2O3-Eq from a zone hosted by magnetite-rich carbonatite rather than the usual massive ironstone host to the mineralisation. This association was previously seen in RC holes at Lion’s Ear but not at Yangibana North (see later).
*** TREO** is the sum of the oxides of the heavy rare earth elements (HREO) and the light rare earth elements (LREO).
HREO is the sum of the oxides of the heavy rare earth elements europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), lutetium (Lu), and yttrium (Y).
CREO is the sum of the oxides of neodymium (Nd), europium (Eu), terbium (Tb), dysprosium (Dy), and yttrium (Y) that were classified by the US Department of Energy in 2011 to be in critical short supply in the foreseeable future.
LREO is the sum of the oxides of the light rare earth elements lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), and samarium (Sm).
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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**Metal equivalent calculation
Hastings has applied the same metallurgical recoveries to praseodymium (Pr), dysprosium (Dy), and europium (Eu) as for neodymium, based on preliminary metallurgical studies of the ore, which indicate a metallurgical recovery in the order of 76.5% of the metal oxide for the four rare earths oxides of economic interest. This recovery has been applied to the geological block model fields for each element and the grade of each metal in the individual blocks multiplied by the assumed metal price, which is based on the 23 October 2014 spot prices for these oxides (Table 3).
The metal equivalent block model was optimised by Snowden in its preliminary economic evaluation.
| Metal oxide | Assumed commodity price (US$/kg) |
Indicative metallurgical recovery |
|---|---|---|
| Nd2O3 | 59.50 | 76.5% |
| Pr2O3 | 119.50 | 76.5% |
| Dy2O3 | 340.00 | 76.5% |
| Eu2O3 | 725.00 | 76.5% |
Table 3 – Yangibana Scoping Study – Basis of Neodymium-Equivalents (Nd2O3-Eq)
Since metallurgical recoveries are the same for all targets, the calculation of neodymium equivalent (Nd2O3-Eq) grade is therefore:-
Nd2O3-Eq grade = (((Nd2O3 grade +((Pr2O3 grade(Pr2O3 price/ Nd2O3 price))+ ((Dy2O3 grade(Dy2O3 price/ Nd2O3 price))+ ((Eu2O3 grade*(Eu2O3 price/ Nd2O3 price)))
For further information please contact:
Andy Border, General Manager Exploration +61 2 9078 7674 Guy Robertson, Company Secretary +61 2 9078 7674
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Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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About Hastings Rare Metals
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Hastings Rare Metals is a leading Australian rare earths company, with two JORC compliant rare earths projects in Western Australia.
-
The Yangibana Project hosts JORC Indicated and Inferred Resources totalling 6.79 million tonnes at 1.52% TREO, including 0.35% Nd2O3 (comprising 3.96 million tonnes at 1.59% TREO Indicated Resources and 2.83 million tonnes at 1.43% TREO in Inferred Resources).
-
The Brockmans (previously known as the Hastings) deposit contains JORC Indicated and Inferred Resources totalling 36.2 million tonnes (comprising 27.1mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.89% ZrO₂ and 0.35% Nb₂O₅.
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Rare earths are critical to a wide variety of current and new technologies, including smart phones, hybrid cars, wind turbines and energy efficient light bulbs.
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The Company aims to capitalise on the strong demand for critical rare earths created by expanding new technologies. It has recently completed a Scoping Study of the Yangibana Project to confirm the economic viability of the Project.
Competent Person’s Statement
The information in this announcement that relates to Resources is based on information compiled by Simon Coxhell. Simon Coxhell is a consultant to the Company and a member of the Australasian Institute of Mining and Metallurgy. The information in this announcement that relates to Exploration Results is based on information compiled by Andy Border, an employee of the Company and a member of the Australasian Institute of Mining and Metallurgy.
Each has sufficient experience relevant to the styles of mineralisation and types of deposits which are covered in this announcement and to the activity which they are 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”). Each consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.
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Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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Appendix 1
| Prospect | Hole_ID | East MGA94 |
North MGA94 |
RL | Dip | Mag Azi |
Depth |
|---|---|---|---|---|---|---|---|
| Yangibana North |
YGDT047 | 417578 | 7361905 | 341 | -60 | 20 | 116.8 |
| YGDT048 | 417553 | 7362172 | 352 | -60 | 20 | 44.9 | |
| YGDT049 | 417512 | 7362069 | 346 | -60 | 20 | 68.3 | |
| YGDT050 | 417402 | 7362065 | 346 | -60 | 20 | 64.8 | |
| YGDD052 | 417369 | 7362270 | 350 | -60 | 20 | 21.9 | |
| YGDT053 | 417332 | 7362167 | 345 | -60 | 20 | 34.6 | |
| YGRC054 | 417250 | 7362171 | 341 | -60 | 20 | 60 | |
| YGDT055 | 417225 | 7362098 | 342 | -60 | 20 | 65.7 | |
| Bald Hill South | BHDD027 | 428283 | 7356079 | 357 | -60 | 90 | 18.1 |
| Lion's Ear | LERC005 | 420063 | 7360613 | 348 | -60 | 350 | 96 |
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Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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Appendix 2
| Ce | Dy | Er | Eu | Gd | Ho | La | Lu | Nb | Nd | Pr | Sm | Ta | Tb | Th | Tm | U | Y | Yb | Zr | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | |||||
| Hole_ID | Sample_ ID |
From | To | Interval | ||||||||||||||||||||
| Yangibana North | ||||||||||||||||||||||||
| YGDT047 | 86038 | 110.00 | 110.60 | 0.60 | 882.6 | 12.6 | 2.1 | 24.3 | 57.3 | 1.2 | 319.1 | 0.1 | 36 | 520.2 | 133 | 104.3 | 0.8 | 4.2 | 107.6 | 0.1 | 1.9 | 26.6 | 1.1 | 32 |
| YGDT047 | 86039 | 110.60 | 111.27 | 0.67 | 6355.3 | 33.3 | 4.1 | 89.6 | 196.8 | 3 | 2861.5 | 0.3 | 49 | 2853.2 | 824.6 | 413.7 | 1 | 13.2 | 528.9 | 0.4 | 4 | 61.1 | 1.9 | 13 |
| YGDT047 | 86040 | 111.27 | 111.80 | 0.53 | 4474.8 | 16.6 | 2.7 | 41.6 | 83.5 | 1.7 | 2183.7 | 0.3 | 58 | 1697.6 | 527 | 201.8 | 1.2 | 5.7 | 330.9 | 0.3 | 11.5 | 37.8 | 2.3 | 9 |
| YGDT047 | 86041 | 111.80 | 112.50 | 0.70 | 287.2 | 4.9 | 2.6 | 3.9 | 9.6 | 0.9 | 130.9 | 0.5 | 35 | 120.1 | 34.8 | 16.8 | 0.9 | 1.1 | 24.2 | 0.4 | 13.1 | 20.6 | 3.1 | 17 |
| YGDT048 | 86086 | 31.00 | 31.50 | 0.50 | 90 | 2.7 | 1.4 | 1.4 | 4.9 | 0.5 | 47.1 | 0.3 | 14 | 36.4 | 10.1 | 6.1 | 1.1 | 0.6 | 14.9 | 0.2 | 4.5 | 14.1 | 1 | 156 |
| YGDT048 | 86087 | 31.50 | 32.05 | 0.55 | 121.9 | 10.3 | 2.4 | 7 | 22.2 | 1.4 | 46.8 | 0.2 | 19 | 82.1 | 19 | 20.6 | 0.6 | 2.7 | 22.6 | 0.3 | 2.6 | 31.9 | 1.4 | 297 |
| YGDT048 | 86088 | 32.05 | 32.75 | 0.70 | 1475.5 | 51.7 | 7.2 | 92.5 | 222.9 | 4.8 | 338.5 | 0.4 | 0 | 1378.9 | 281.1 | 353.4 | 0 | 18.4 | 767.7 | 0.6 | 39.5 | 97.6 | 3.1 | 12 |
| YGDT048 | 86089 | 32.75 | 33.25 | 0.50 | 11903 | 16.2 | 1.7 | 58.5 | 99.8 | 1.5 | 5092.9 | 0.2 | 0 | 4178.7 | 1452 | 342.2 | 0.1 | 6.6 | 598.9 | 0.2 | 26.3 | 31.8 | 1.3 | 6 |
| YGDT048 | 86090 | 33.25 | 34.03 | 0.78 | 2832.8 | 20.3 | 2.9 | 31.4 | 72.6 | 1.9 | 1187.8 | 0.2 | 53 | 1154.7 | 350.4 | 139.7 | 1.2 | 6.2 | 208.1 | 0.3 | 3.2 | 39.6 | 1.3 | 331 |
| YGDT048 | 86091 | 34.03 | 34.48 | 0.45 | 34412.3 | 72.3 | 6.7 | 218.2 | 406.4 | 6 | 14858.1 | 0.4 | 30 | 12089.4 | 4030.8 | 1132.7 | 1 | 27.5 | 1688.8 | 0.6 | 30.7 | 123 | 3.2 | 12 |
| YGDT048 | 86092 | 34.48 | 34.95 | 0.47 | 16710.1 | 48.7 | 4.9 | 136.5 | 271.8 | 4.2 | 7244.1 | 0.3 | 138 | 6351.1 | 2030.5 | 699.2 | 4.4 | 18.4 | 1003.4 | 0.5 | 15 | 80.6 | 2.4 | 18 |
| YGDT048 | 86094 | 34.95 | 35.45 | 0.50 | 4816.4 | 30.5 | 4.3 | 69.2 | 150.8 | 2.9 | 1974.1 | 0.4 | 57 | 2284.1 | 646.8 | 337.8 | 3.1 | 11 | 419.8 | 0.5 | 37.1 | 58 | 2.6 | 7 |
| YGDT048 | 86095 | 35.45 | 35.91 | 0.46 | 6191.5 | 20.5 | 2.8 | 56.5 | 112.1 | 1.8 | 2818.8 | 0.2 | 29 | 2412.9 | 749.4 | 279.7 | 2.5 | 7.5 | 376.4 | 0.3 | 12 | 37.1 | 1.7 | 0 |
| YGDT048 | 86096 | 35.91 | 36.40 | 0.49 | 2228.9 | 7.5 | 0.9 | 22.8 | 43.8 | 0.7 | 994.2 | 0.1 | 13 | 899.2 | 273 | 111.1 | 0.5 | 3.1 | 162.8 | 0 | 7.7 | 14.4 | 0.6 | 0 |
| YGDT048 | 86097 | 36.40 | 36.88 | 0.48 | 1349.2 | 7.8 | 1.1 | 18.1 | 41 | 0.8 | 601.1 | 0.1 | 20 | 568.7 | 167.2 | 83.3 | 1.2 | 2.9 | 105.4 | 0.1 | 4.1 | 15.9 | 0.6 | 0 |
| YGDT048 | 86098 | 36.88 | 37.38 | 0.50 | 483.8 | 6.2 | 1 | 10 | 26 | 0.7 | 200.6 | 0 | 10 | 244.9 | 65.9 | 47.3 | 0.4 | 2.1 | 55.7 | 0.1 | 4.1 | 13.1 | 0.5 | 0 |
| YGDT048 | 86099 | 37.38 | 38.04 | 0.66 | 238.6 | 3 | 0.4 | 5.1 | 12.6 | 0.3 | 99.7 | 0 | 13 | 119.4 | 31.7 | 21.1 | 0.8 | 1 | 27.1 | 0 | 1.7 | 6.7 | 0.3 | 9 |
| YGDT048 | 86100 | 38.04 | 38.50 | 0.46 | 685.5 | 10.1 | 1.8 | 17.1 | 39.2 | 1 | 242 | 0 | 747 | 383.1 | 98.8 | 67.3 | 25.4 | 3 | 62.6 | 0.1 | 9.2 | 20.8 | 0.9 | 25 |
| YGDT048 | 86101 | 38.50 | 39.18 | 0.68 | 171.4 | 9.5 | 2.2 | 6.5 | 20.6 | 1.3 | 70.1 | 0.2 | 59 | 93.4 | 23.3 | 22.6 | 1.8 | 2.3 | 26.4 | 0.2 | 6.7 | 27.6 | 1.1 | 407 |
| YGDT049 | 86067 | 57.48 | 58.48 | 1.00 | 2121.5 | 10.9 | 1.6 | 21.8 | 47.3 | 1.1 | 837.8 | 0.1 | 57 | 890.6 | 273.5 | 102.5 | 1.6 | 3.6 | 147.2 | 0.1 | 2.3 | 22.6 | 0.7 | 1052 |
| YGDT049 | 86068 | 58.48 | 59.24 | 0.76 | 14230.1 | 30.9 | 3 | 114.9 | 212.8 | 2.4 | 5632 | 0.2 | 28 | 6090.4 | 1841.6 | 616 | 0.5 | 12.6 | 966.3 | 0.3 | 0.9 | 50.1 | 1.2 | 30 |
| YGDT049 | 86069 | 59.24 | 60.04 | 0.80 | 1479.2 | 15.4 | 2.8 | 21.6 | 50.7 | 1.7 | 550.1 | 0.2 | 26 | 698.2 | 194.6 | 98.5 | 0.8 | 4.4 | 138.7 | 0.3 | 2 | 36.5 | 1.5 | 423 |
| YGDT049 | 86070 | 60.04 | 60.50 | 0.46 | 179.5 | 10.9 | 2.4 | 7.8 | 23.2 | 1.3 | 75.9 | 0.2 | 23 | 96.9 | 24.2 | 23.5 | 0.9 | 2.7 | 33.7 | 0.2 | 2.4 | 31.6 | 1.5 | 477 |
| YGDT049 | 86071 | 60.50 | 61.05 | 0.55 | 1320.5 | 8.3 | 1.4 | 15.2 | 29.5 | 0.8 | 517.9 | 0 | 58 | 550.2 | 166.7 | 67.3 | 1.7 | 2.3 | 76.4 | 0.2 | 2 | 18 | 0.6 | 155 |
| YGDT049 | 86072 | 61.05 | 61.68 | 0.63 | 47211.7 | 73.9 | 6.2 | 263 | 477.6 | 6.3 | 21022 | 0.3 | 37 | 17057.8 | 5572.8 | 1492.2 | 1.4 | 29.5 | 2205.4 | 0.6 | 12.3 | 121.6 | 2.4 | 16 |
| YGDT049 | 86073 | 61.68 | 62.60 | 0.92 | 6378.7 | 24.7 | 4.5 | 51.8 | 102.6 | 2.5 | 2942.9 | 0.4 | 66 | 2317.8 | 752.1 | 251.2 | 2 | 8.3 | 428.7 | 0.4 | 19.9 | 54.5 | 2.7 | 11 |
| YGDT049 | 86074 | 62.60 | 63.10 | 0.50 | 542 | 5 | 1.4 | 5.6 | 13.6 | 0.7 | 242.4 | 0.2 | 12 | 213.3 | 65.5 | 25.6 | 0.2 | 1.1 | 51.7 | 0.1 | 4.4 | 15.4 | 1.2 | 0 |
| YGDT049 | 86075 | 63.10 | 63.88 | 0.78 | 150.5 | 1.2 | 0.2 | 2.2 | 4.9 | 0.2 | 65.4 | 0 | 0 | 63.4 | 18.8 | 10.1 | 0.1 | 0.4 | 14 | 0 | 1 | 3.5 | 0.2 | 0 |
| YGDT049 | 86076 | 63.88 | 64.06 | 0.18 | 1818.6 | 27.3 | 5.3 | 42.8 | 105 | 3.1 | 686.2 | 0.4 | 25 | 991.7 | 252.9 | 179.1 | 0.7 | 9 | 278.1 | 0.6 | 8.8 | 72.1 | 2.7 | 41 |
| YGDT049 | 86077 | 64.06 | 64.53 | 0.47 | 3049.7 | 13.3 | 2.2 | 30.1 | 59.7 | 1.3 | 1460.4 | 0.3 | 0 | 1205.2 | 366.1 | 135.8 | 0 | 4.5 | 251.2 | 0.3 | 10.2 | 29.6 | 1.9 | 0 |
| YGDT049 | 86078 | 64.53 | 64.88 | 0.35 | 14341.9 | 43.5 | 6.2 | 119 | 223.9 | 4.4 | 6625 | 0.4 | 0 | 5402.6 | 1760.5 | 594.8 | 0.3 | 16 | 922.1 | 0.7 | 40.8 | 91.3 | 3.7 | 0 |
| YGDT049 | 86080 | 64.88 | 65.35 | 0.47 | 1456.9 | 8.9 | 1.8 | 15.1 | 32.3 | 1 | 630.5 | 0.1 | 75 | 575.3 | 172.7 | 71.6 | 1.8 | 2.7 | 92.5 | 0.2 | 3.7 | 20.9 | 1 | 102 |
| YGDT049 | 86081 | 65.35 | 65.93 | 0.58 | 462.5 | 11.2 | 2.6 | 10.2 | 25.7 | 1.3 | 200 | 0.3 | 26 | 215.8 | 59.5 | 38.4 | 1.1 | 2.9 | 47.8 | 0.3 | 4.4 | 33.1 | 1.8 | 385 |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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| Ce | Dy | Er | Eu | Gd | Ho | La | Lu | Nb | Nd | Pr | Sm | Ta | Tb | Th | Tm | U | Y | Yb | Zr | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | |||||
| Hole_ID | Sample_ ID |
From | To | Interval | ||||||||||||||||||||
| Yangibana North | ||||||||||||||||||||||||
| YGDT050 | 86046 | 48.74 | 49.26 | 0.52 | 31933.3 | 70.7 | 5.1 | 178.1 | 329.8 | 6.1 | 13629.4 | 0.3 | 0 | 11060.9 | 3741.1 | 892.3 | 0.2 | 25.2 | 1517.6 | 0.4 | 4.2 | 124.5 | 1.7 | 11 |
| YGDT050 | 86047 | 49.26 | 49.90 | 0.64 | 36850.4 | 142.6 | 11.5 | 310.7 | 633.1 | 11.8 | 16084.2 | 0.4 | 11 | 13488.8 | 4311 | 1367.8 | 0.3 | 50.7 | 1979.2 | 0.9 | 3.2 | 226.2 | 2.9 | 11 |
| YGDT050 | 86048 | 49.90 | 50.90 | 1.00 | 2384.9 | 15.1 | 2.9 | 23.7 | 53.7 | 1.6 | 1016 | 0.2 | 46 | 889.1 | 285.5 | 105.1 | 2 | 4.4 | 154 | 0.3 | 5.3 | 35.9 | 1.7 | 484 |
| YGDT050 | 86049 | 50.90 | 51.45 | 0.55 | 11701.1 | 35.4 | 3.1 | 94.9 | 168.5 | 3 | 4913.4 | 0.1 | 35 | 4096.1 | 1376.3 | 411.4 | 0.8 | 13.1 | 648.8 | 0.3 | 2.7 | 59.9 | 1 | 37 |
| YGDT050 | 86050 | 51.45 | 51.93 | 0.48 | 20196.3 | 58.7 | 4.9 | 153.6 | 301 | 4.8 | 9224.2 | 0.1 | 37 | 7301.2 | 2412.1 | 728 | 0.8 | 21.6 | 1069.6 | 0.4 | 2.1 | 96.3 | 1.4 | 13 |
| YGDT050 | 86051 | 51.93 | 52.65 | 0.72 | 24828.1 | 104.5 | 9.3 | 256 | 498.6 | 8.7 | 11218.7 | 0.2 | 58 | 9500.1 | 3014 | 1078.1 | 1 | 38.7 | 1344.2 | 0.6 | 7 | 165.2 | 1.9 | 13 |
| YGDT050 | 86052 | 52.65 | 53.15 | 0.50 | 22490.6 | 81.3 | 5.5 | 197.3 | 454.6 | 6 | 10256.9 | 0.2 | 18 | 8467 | 2636.4 | 955.3 | 0.8 | 32.8 | 1133.2 | 0.4 | 91.6 | 116.2 | 1.9 | 0 |
| YGDT050 | 86053 | 53.15 | 53.65 | 0.50 | 5269.8 | 22.3 | 2.7 | 50.2 | 108.6 | 2 | 2435.4 | 0.3 | 0 | 1952.8 | 634.3 | 226.4 | 0.1 | 8.2 | 306.3 | 0.3 | 112.8 | 39.1 | 1.8 | 6 |
| YGDT050 | 86054 | 53.65 | 54.25 | 0.60 | 18437.3 | 57.9 | 5.6 | 160.1 | 308.6 | 4.8 | 8380.4 | 0.4 | 23 | 6744.8 | 2137.4 | 759.7 | 0.7 | 22.3 | 1073.7 | 0.5 | 83.6 | 94.7 | 2.7 | 0 |
| YGDT050 | 86056 | 54.25 | 54.75 | 0.50 | 1081.5 | 6.8 | 2.4 | 13.1 | 25.6 | 0.9 | 477.3 | 0.3 | 0 | 422.6 | 127.5 | 59 | 0.3 | 2 | 106.7 | 0.3 | 108.7 | 19.6 | 1.6 | 0 |
| YGDT050 | 86057 | 54.75 | 55.25 | 0.50 | 2480.2 | 7.1 | 1.5 | 17.7 | 32.4 | 0.7 | 1143.2 | 0.2 | 11 | 860.3 | 282.8 | 85.9 | 0.6 | 2.3 | 176.7 | 0.2 | 103.7 | 16.3 | 1 | 0 |
| YGDT050 | 86058 | 55.25 | 55.85 | 0.60 | 2632.3 | 9.2 | 1.8 | 23.7 | 45 | 1.2 | 1208.4 | 0.3 | 21 | 975.8 | 309.5 | 110.6 | 1.2 | 3.3 | 137.7 | 0.2 | 46.2 | 20.9 | 1.3 | 0 |
| YGDT050 | 86059 | 55.85 | 56.35 | 0.50 | 1964.1 | 8.8 | 1.5 | 19.1 | 38.4 | 1 | 783.5 | 0 | 0 | 754.7 | 235 | 88.9 | 0 | 3 | 219.2 | 0.2 | 53.4 | 19.5 | 0.8 | 0 |
| YGDT050 | 86060 | 56.35 | 56.68 | 0.33 | 267.9 | 1.5 | 0.4 | 2.5 | 5.4 | 0.2 | 116.1 | 0.1 | 0 | 102.2 | 32 | 11.7 | 0 | 0.4 | 27.8 | 0 | 60.5 | 4.5 | 0.5 | 0 |
| YGDT050 | 86061 | 56.68 | 57.25 | 0.57 | 1637.3 | 7.1 | 1.4 | 14.2 | 28.5 | 0.9 | 710.2 | 0.2 | 17 | 591.5 | 188 | 67.7 | 0.8 | 2.3 | 149.8 | 0.2 | 24.9 | 17.5 | 1.1 | 0 |
| YGDT050 | 86062 | 57.25 | 57.80 | 0.55 | 5310 | 29.3 | 3.6 | 58.9 | 128 | 2.8 | 2388.8 | 0.3 | 21 | 2002.7 | 630.3 | 263.4 | 0.9 | 9.8 | 389 | 0.3 | 35.7 | 55.1 | 2.3 | 0 |
| YGDT050 | 86063 | 57.80 | 58.30 | 0.50 | 382.8 | 14.8 | 3 | 11.7 | 33.6 | 1.7 | 130.7 | 0.2 | 48 | 194.3 | 52.7 | 40.1 | 1.3 | 3.9 | 37.9 | 0.3 | 3.6 | 37.2 | 1.4 | 558 |
| YGDT050 | 86064 | 58.30 | 58.80 | 0.50 | 243.6 | 6.6 | 2.2 | 4.5 | 12.7 | 1 | 110.5 | 0.3 | 26 | 108.3 | 30.2 | 17.9 | 2.2 | 1.6 | 27.4 | 0.3 | 8.6 | 24.1 | 2 | 244 |
| YGDD052 | 86161 | 7.10 | 8.10 | 1.00 | 912.7 | 6.5 | 1.9 | 9.5 | 20.1 | 0.9 | 455.8 | 0.2 | 66 | 344.4 | 107.1 | 41.8 | 4 | 1.9 | 68.2 | 0.3 | 4.9 | 22.5 | 1.4 | 315 |
| YGDD052 | 86162 | 8.10 | 8.60 | 0.50 | 96.9 | 3.6 | 1.6 | 1.5 | 4.5 | 0.6 | 40.7 | 0.2 | 29 | 41.1 | 11.7 | 7 | 3.5 | 0.7 | 26.3 | 0.2 | 5 | 16.7 | 1.6 | 156 |
| YGDD052 | 86163 | 8.60 | 9.00 | 0.40 | 74.1 | 5.7 | 1.6 | 3.4 | 10.5 | 0.8 | 27.5 | 0.2 | 23 | 51.3 | 11.9 | 13.8 | 1.8 | 1.2 | 17.9 | 0.2 | 4.9 | 16.9 | 1.3 | 390 |
| YGDD052 | 86164 | 9.00 | 9.65 | 0.65 | 10154.2 | 50.1 | 5.4 | 107.3 | 236 | 4.4 | 4865.3 | 0.3 | 38 | 4042.2 | 1285.5 | 516.5 | 1.3 | 18.1 | 795.2 | 0.5 | 22.2 | 88.9 | 2.1 | 29 |
| YGDD052 | 86165 | 9.65 | 10.56 | 0.91 | 5284.4 | 52.5 | 6.3 | 90.1 | 220.3 | 4.7 | 2283.8 | 0.4 | 11 | 2430.2 | 686.4 | 400 | 0.4 | 17.9 | 553.7 | 0.5 | 15.4 | 97.9 | 2.7 | 8 |
| YGDD052 | 86166 | 10.56 | 11.28 | 0.72 | 3179.8 | 17.4 | 2.3 | 33.3 | 71.6 | 1.4 | 1381.6 | 0.2 | 0 | 1223.4 | 379.6 | 154.6 | 0.3 | 5.8 | 246.2 | 0.2 | 15.3 | 32.6 | 1.1 | 0 |
| YGDD052 | 86167 | 11.28 | 12.10 | 0.82 | 5739.2 | 21.2 | 2.5 | 56.9 | 104 | 1.8 | 2414.7 | 0.2 | 80 | 2215.2 | 705.7 | 251 | 5.5 | 7.3 | 431.3 | 0.2 | 14.8 | 37.7 | 1.2 | 0 |
| YGDD052 | 86168 | 12.10 | 12.65 | 0.55 | 1075.6 | 16.3 | 2.8 | 23.9 | 61.4 | 1.7 | 378.3 | 0.3 | 17 | 586 | 151.6 | 108.6 | 0.9 | 5 | 201 | 0.3 | 29.9 | 38.9 | 1.9 | 0 |
| YGDD052 | 86170 | 12.65 | 13.35 | 0.70 | 556.6 | 15.5 | 3.3 | 20.8 | 53.2 | 1.8 | 179.4 | 0.3 | 58 | 381.1 | 89 | 84.4 | 1.3 | 4.6 | 135.4 | 0.5 | 16.1 | 38.7 | 2.6 | 0 |
| YGDD052 | 86171 | 13.35 | 14.08 | 0.73 | 1863.8 | 28.4 | 4.4 | 45.9 | 114.3 | 2.8 | 689 | 0.4 | 26 | 1006.1 | 259.7 | 197.7 | 1.1 | 9.3 | 275.9 | 0.4 | 17.7 | 60 | 2.8 | 23 |
| YGDD052 | 86172 | 14.08 | 14.86 | 0.78 | 315.2 | 5.7 | 1 | 8.3 | 19.6 | 0.5 | 122.6 | 0 | 44 | 179.6 | 45.6 | 35.9 | 1.4 | 1.7 | 52.3 | 0 | 2.9 | 12.6 | 0.6 | 7 |
| YGDT053 | 86135 | 16.55 | 17.05 | 0.50 | 295 | 7.6 | 1.3 | 10.4 | 26 | 0.8 | 84.6 | 0 | 32 | 213.8 | 49.5 | 44.6 | 0.7 | 2.3 | 50.4 | 0.1 | 2.2 | 17.2 | 0.6 | 163 |
| YGDT053 | 86136 | 17.05 | 17.30 | 0.25 | 7357.8 | 11.9 | 1.2 | 42.9 | 77.4 | 1.1 | 3212.6 | 0 | 24 | 2709.4 | 909.9 | 233.8 | 0.5 | 5 | 401 | 0.1 | 19.7 | 22.1 | 0.6 | 19 |
| YGDT053 | 86137 | 17.30 | 17.85 | 0.55 | 173.8 | 2.2 | 0.5 | 3.4 | 7.3 | 0.3 | 64.7 | 0 | 51 | 92.4 | 24.2 | 13.5 | 1.3 | 0.7 | 18.8 | 0 | 1 | 6.7 | 0.3 | 57 |
| YGDT053 | 86138 | 17.85 | 18.35 | 0.50 | 343.5 | 2.6 | 0.6 | 4 | 8.1 | 0.3 | 139.4 | 0 | 83 | 145.4 | 43.8 | 16.7 | 2.4 | 0.7 | 27.8 | 0 | 2.2 | 7.5 | 0.3 | 194 |
| YGDT053 | 86139 | 18.35 | 18.85 | 0.50 | 781.1 | 11.1 | 1.8 | 19.4 | 43.7 | 1.2 | 230.2 | 0.1 | 21 | 490.6 | 124.4 | 85.4 | 0.5 | 3.7 | 151.4 | 0.2 | 3.6 | 26.8 | 0.9 | 32 |
| YGDT053 | 86140 | 18.85 | 19.30 | 0.45 | 395.1 | 4.7 | 1.2 | 7.3 | 16 | 0.6 | 140.8 | 0 | 39 | 187.5 | 53.1 | 28.2 | 0.5 | 1.3 | 39.3 | 0.1 | 1.1 | 13.1 | 0.5 | 34 |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
==> picture [188 x 59] intentionally omitted <==
| Ce | Dy | Er | Eu | Gd | Ho | La | Lu | Nb | Nd | Pr | Sm | Ta | Tb | Th | Tm | U | Y | Yb | Zr | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | |||||
| Hole_ID | Sample_ ID |
From | To | Interval | ||||||||||||||||||||
| YGDT053 | 86141 | 19.30 | 19.95 | 0.65 | 514.3 | 2.9 | 0.4 | 6.2 | 12.5 | 0.3 | 221 | 0 | 15 | 204.3 | 62.3 | 26.3 | 0.2 | 0.9 | 38.3 | 0 | 1.2 | 6.2 | 0.2 | 0 |
| YGDT053 | 86142 | 19.95 | 20.65 | 0.70 | 672.9 | 2.6 | 0.3 | 6.5 | 13.1 | 0.3 | 305.3 | 0 | 0 | 248 | 79.2 | 29.7 | 0.2 | 0.9 | 44 | 0 | 1.7 | 6 | 0.3 | 0 |
| YGDT053 | 86143 | 20.65 | 21.20 | 0.55 | 10184.5 | 26.1 | 2.7 | 74 | 146.9 | 2.4 | 4397.6 | 0.2 | 0 | 3610.3 | 1225.5 | 370.2 | 0.3 | 10.2 | 612.2 | 0.2 | 16.4 | 44.1 | 1.5 | 0 |
| YGDT053 | 86144 | 21.20 | 21.70 | 0.50 | 1714.2 | 13 | 2 | 21 | 47.3 | 1.4 | 699.5 | 0.1 | 35 | 669.4 | 204.9 | 89.4 | 1.1 | 4.1 | 112 | 0.2 | 6.7 | 29.1 | 1.1 | 165 |
| YGDT053 | 86145 | 21.70 | 22.20 | 0.50 | 478.2 | 3.9 | 1.3 | 4.4 | 10.2 | 0.6 | 215.2 | 0.2 | 16 | 176.9 | 55.5 | 21 | 1 | 1 | 40.7 | 0.2 | 4.7 | 15.5 | 1.2 | 188 |
| YGDT053 | 86146 | 22.20 | 23.20 | 1.00 | 81 | 3.5 | 1.5 | 1.8 | 6 | 0.7 | 38.5 | 0.2 | 37 | 36.4 | 9.8 | 7.5 | 1.8 | 0.8 | 17.1 | 0.2 | 4 | 15.6 | 1.3 | 178 |
| YGDT053 | 86147 | 23.20 | 24.10 | 0.90 | 110.5 | 4.7 | 2 | 2.4 | 7 | 0.8 | 54.3 | 0.3 | 36 | 47.2 | 13.2 | 9.1 | 1.4 | 0.8 | 16.8 | 0.2 | 5.4 | 20.1 | 1.5 | 165 |
| YGDT053 | 86148 | 24.10 | 24.60 | 0.50 | 171 | 10.1 | 2.4 | 7.1 | 21.4 | 1.2 | 64.1 | 0.2 | 40 | 102.8 | 25.2 | 24.6 | 1.8 | 2.5 | 29 | 0.3 | 2.2 | 29.9 | 1.9 | 446 |
| YGDT053 | 86149 | 24.60 | 25.18 | 0.58 | 2981.6 | 13.1 | 1.6 | 29.6 | 61.7 | 1.2 | 1388.4 | 0 | 76 | 1108.3 | 357.3 | 133.1 | 3.2 | 4.7 | 194.2 | 0.1 | 2 | 24.7 | 0.6 | 26 |
| YGDT053 | 86150 | 25.18 | 25.68 | 0.50 | 5975.4 | 33.2 | 4.4 | 74.4 | 158.9 | 3.2 | 2710.8 | 0.3 | 32 | 2450 | 729.9 | 327.5 | 1.5 | 11.6 | 561.2 | 0.4 | 17.5 | 63.7 | 2.3 | 8 |
| YGDT053 | 86151 | 25.68 | 26.35 | 0.67 | 1000.4 | 46.4 | 5.3 | 76.1 | 193.3 | 4 | 219.9 | 0.3 | 0 | 957.6 | 191.3 | 277 | 0.4 | 16.3 | 341.2 | 0.5 | 45.3 | 78.8 | 2 | 0 |
| YGDT053 | 86152 | 26.35 | 26.70 | 0.35 | 619.8 | 11.6 | 1.6 | 18.2 | 45.2 | 1.1 | 240.4 | 0.2 | 0 | 345 | 85.5 | 68.5 | 0.3 | 3.8 | 101.4 | 0.2 | 33.3 | 20.5 | 1.3 | 0 |
| YGDT053 | 86153 | 26.70 | 27.55 | 0.85 | 4077.2 | 36.9 | 4.1 | 73.9 | 169.3 | 3.1 | 1695.3 | 0.2 | 36 | 1856.9 | 529.2 | 309.5 | 1.3 | 13.4 | 381.2 | 0.4 | 9.8 | 63.5 | 1.9 | 16 |
| YGDT053 | 86154 | 27.55 | 28.30 | 0.75 | 725.8 | 4.7 | 0.6 | 8.9 | 19.4 | 0.4 | 303.9 | 0 | 31 | 277.6 | 85 | 39.2 | 1.2 | 1.5 | 62 | 0 | 2.7 | 9.1 | 0.2 | 7 |
| YGDT053 | 86155 | 28.30 | 28.80 | 0.50 | 355.1 | 10 | 1.9 | 11.3 | 29.2 | 1.1 | 133.9 | 0.1 | 41 | 209.2 | 53.3 | 45.7 | 1 | 2.9 | 50 | 0.2 | 5.8 | 25.5 | 1.2 | 134 |
| YGDT055 | 86116 | 43.50 | 44.00 | 0.50 | 198.8 | 3.6 | 1.2 | 3.2 | 8.2 | 0.5 | 79.2 | 0 | 23 | 95.8 | 26.6 | 15.5 | 0.7 | 0.9 | 32.5 | 0.1 | 1.5 | 13.8 | 0.8 | 283 |
| YGDT055 | 86117 | 44.00 | 44.60 | 0.60 | 1286.6 | 13 | 2.1 | 19.3 | 47.3 | 1.3 | 504.5 | 0.2 | 29 | 575.7 | 163.7 | 87.4 | 0.9 | 4.3 | 128.7 | 0.2 | 3.3 | 28.3 | 1 | 274 |
| YGDT055 | 86118 | 44.60 | 45.00 | 0.40 | 11960.2 | 43.3 | 3.8 | 115.8 | 231.2 | 3.6 | 4829.2 | 0.3 | 11 | 4829.8 | 1593.4 | 544.2 | 0.4 | 17 | 840.4 | 0.3 | 38 | 69.9 | 1.6 | 10 |
| YGDT055 | 86119 | 45.00 | 45.50 | 0.50 | 320.9 | 4.8 | 1.7 | 4.1 | 10.6 | 0.7 | 130.8 | 0.1 | 26 | 134.3 | 40.3 | 18.2 | 1.1 | 1.1 | 33.1 | 0.2 | 2.4 | 17.3 | 1.1 | 162 |
| YGDT055 | 86120 | 45.50 | 46.00 | 0.50 | 269 | 6.8 | 2.3 | 4.1 | 11.6 | 1.1 | 120.1 | 0.2 | 56 | 112.4 | 32.9 | 17.4 | 1 | 1.3 | 29.9 | 0.3 | 2.9 | 24.6 | 1.2 | 222 |
| YGDT055 | 86121 | 53.15 | 54.15 | 1.00 | 179.4 | 4.2 | 1.3 | 3 | 8.2 | 0.6 | 80.9 | 0.2 | 334 | 72.6 | 21.9 | 11.8 | 10.7 | 1 | 25.7 | 0.2 | 14 | 17.2 | 1.2 | 568 |
| YGDT055 | 86122 | 54.15 | 55.15 | 1.00 | 118.3 | 3.2 | 1.2 | 2.5 | 6.5 | 0.5 | 47.9 | 0.2 | 309 | 53 | 14.9 | 9.6 | 8.6 | 0.7 | 17.1 | 0.2 | 11.6 | 13.4 | 1.2 | 251 |
| YGDT055 | 86123 | 55.15 | 55.90 | 0.75 | 45.9 | 3.7 | 1.8 | 1.5 | 5.1 | 0.7 | 20.1 | 0.2 | 200 | 24.7 | 5.9 | 5.6 | 5.1 | 0.7 | 14.6 | 0.3 | 7.4 | 18.8 | 1.4 | 150 |
| YGDT055 | 86124 | 55.90 | 56.40 | 0.50 | 91.5 | 5.1 | 1.9 | 2.6 | 8 | 0.7 | 36.8 | 0.3 | 40 | 47.3 | 12.4 | 9.7 | 2.3 | 1 | 16.7 | 0.3 | 6.2 | 19.3 | 1.9 | 174 |
| YGDT055 | 86125 | 56.40 | 57.20 | 0.80 | 930.5 | 4.8 | 0.9 | 9.6 | 20.7 | 0.5 | 384.2 | 0 | 14 | 352.1 | 109.1 | 43.4 | 0.3 | 1.6 | 60.3 | 0 | 21.3 | 11.8 | 0.6 | 12 |
| YGDT055 | 86126 | 57.20 | 57.60 | 0.40 | 13033.5 | 357.4 | 43.3 | 496.9 | 1418 | 32.9 | 4365.2 | 2 | 169 | 9508.6 | 2200.1 | 2104 | 9.3 | 123.1 | 2160.2 | 3.6 | 52.5 | 666 | 17.3 | 17 |
| YGDT055 | 86127 | 57.60 | 58.20 | 0.60 | 17828.6 | 48.9 | 4.4 | 137.6 | 270.2 | 4.3 | 7632.6 | 0.3 | 22 | 7158.2 | 2226.8 | 669.9 | 1 | 18.8 | 1062.6 | 0.4 | 159.6 | 83.2 | 2.1 | 0 |
| YGDT055 | 86129 | 58.20 | 58.70 | 0.50 | 2269.2 | 29.1 | 4.1 | 52 | 129.8 | 2.7 | 810.4 | 0.3 | 22 | 1287.5 | 332.7 | 235 | 1.1 | 10.2 | 383 | 0.4 | 149.5 | 54.8 | 1.6 | 0 |
| YGDT055 | 86130 | 58.70 | 59.35 | 0.65 | 9571.7 | 104.9 | 13.2 | 231.2 | 502.1 | 9.7 | 3437.5 | 0.7 | 86 | 5707.4 | 1476.9 | 1011.1 | 3.8 | 37.8 | 1801.3 | 1.1 | 106.7 | 195 | 5.6 | 0 |
| YGDT055 | 86131 | 59.35 | 59.85 | 0.50 | 5613.5 | 117 | 14.5 | 210.9 | 522.7 | 10.6 | 2088.6 | 0.7 | 62 | 3711.8 | 901.5 | 848.2 | 1.4 | 41.6 | 882.2 | 1.2 | 20.6 | 214.6 | 5.8 | 27 |
| YGDT055 | 86132 | 59.85 | 60.35 | 0.50 | 414.3 | 6.5 | 1.8 | 9.1 | 21.5 | 0.9 | 171.6 | 0.2 | 23 | 215.3 | 56.2 | 38.1 | 1.1 | 1.7 | 79.5 | 0.2 | 5.4 | 19.7 | 0.9 | 188 |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
==> picture [188 x 59] intentionally omitted <==
| Ce | Dy | Er | Eu | Gd | Ho | La | Lu | Nb | Nd | Pr | Sm | Ta | Tb | Th | Tm | U | Y | Yb | Zr | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | ppm | |||||
| Hole_ID | Sample_ ID |
From | To | Interval | ||||||||||||||||||||
| Bald Hill South | ||||||||||||||||||||||||
| BHDT027 | 86179 | 12.8 | 13.8 | 1.00 | 242.7 | 12.6 | 3.6 | 9.1 | 25.5 | 1.9 | 124.5 | 0.4 | 66 | 157.3 | 33.3 | 38.3 | 1.5 | 3 | 40.5 | 0.5 | 7.3 | 42 | 2.8 | 415 |
| BHDT027 | 86180 | 13.8 | 14.3 | 0.50 | 302.9 | 16.2 | 5.4 | 10.9 | 31.7 | 2.4 | 152.3 | 0.6 | 118 | 207.9 | 42.5 | 45.5 | 1.7 | 3.6 | 43.6 | 0.7 | 5.6 | 57.4 | 4 | 320 |
| BHDT027 | 86181 | 14.3 | 14.5 | 0.20 | 5963.6 | 56.6 | 10.4 | 122.7 | 241.7 | 5.9 | 3294.1 | 0.8 | 487 | 3368.8 | 753 | 639.2 | 2.8 | 18.5 | 928.3 | 1.1 | 28.3 | 137.2 | 5.9 | 97 |
| BHDT027 | 86182 | 14.5 | 14.9 | 0.40 | 6581.2 | 115.3 | 14.8 | 202.1 | 437.2 | 10.6 | 3748.1 | 0.8 | 125 | 4132 | 860.4 | 916 | 1.5 | 39 | 1177.1 | 1.3 | 10.9 | 220 | 6.5 | 230 |
| BHDT027 | 86183 | 14.9 | 15.4 | 0.50 | 429.6 | 62.8 | 12.4 | 35.9 | 111.5 | 7.2 | 178.6 | 0.6 | 116 | 413.6 | 76.3 | 115.4 | 1.8 | 15.8 | 69.2 | 1.2 | 3.7 | 156.2 | 5.3 | 251 |
| BHDT027 | 86184 | 15.4 | 15.9 | 0.50 | 2472.8 | 28.9 | 7.1 | 44.5 | 99.1 | 3.6 | 825.8 | 0.6 | 113 | 2023.4 | 461.4 | 250.6 | 1.1 | 8.4 | 339.7 | 0.8 | 14.6 | 87.2 | 4.6 | 85 |
| BHDT027 | 86185 | 15.9 | 16.4 | 0.50 | 4802.9 | 143.8 | 23.7 | 130.4 | 351.2 | 15.5 | 2066.5 | 1.4 | 32 | 4619.2 | 981.8 | 675.1 | 0.8 | 38.7 | 1157.4 | 2 | 25.2 | 321.3 | 10.7 | 10 |
| BHDT027 | 86186 | 16.4 | 16.95 | 0.55 | 5251.1 | 68.4 | 11 | 110.7 | 238 | 7.4 | 2142.4 | 0.9 | 663 | 6013.7 | 1224.7 | 644 | 30 | 21.3 | 908.2 | 1.2 | 30 | 153.8 | 6.4 | 30 |
| BHDT027 | 86187 | 16.95 | 17.45 | 0.50 | 3140.9 | 73.9 | 11.3 | 85.8 | 215.4 | 7.6 | 1187.9 | 0.7 | 103 | 3512.5 | 687.9 | 454.7 | 1.1 | 21.7 | 704.6 | 1 | 20.2 | 155.1 | 5.4 | 22 |
| BHDT027 | 86188 | 17.45 | 18.1 | 0.65 | 3052.1 | 30.8 | 6.7 | 41.6 | 93 | 3.6 | 868.9 | 0.7 | 65 | 2572.6 | 620 | 231.1 | 1.4 | 8.4 | 379.6 | 0.9 | 32.3 | 78.8 | 4.7 | 6 |
| Lion's Ear | ||||||||||||||||||||||||
| LERC005 | 83285 | 75 | 76 | 1 | 98.4 | 4.1 | 2 | 1.3 | 5.3 | 0.8 | 50.7 | 0.3 | 18 | 37.8 | 10.9 | 6.3 | 1.3 | 0.7 | 15 | 0.3 | 3.1 | 17.9 | 1.7 | 186 |
| LERC005 | 83286 | 76 | 77 | 1 | 71.2 | 3.6 | 1.8 | 1.3 | 4.3 | 0.7 | 34.7 | 0.2 | 19 | 29.9 | 7.9 | 5.4 | 2.2 | 0.7 | 11 | 0.3 | 3.3 | 18 | 1.7 | 141 |
| LERC005 | 83287 | 77 | 78 | 1 | 81.4 | 3.6 | 1.8 | 1.4 | 4.4 | 0.6 | 41 | 0.2 | 20 | 32.2 | 8.9 | 6.1 | 3.2 | 0.6 | 12.2 | 0.2 | 4.2 | 16.7 | 1.6 | 160 |
| LERC005 | 83288 | 78 | 79 | 1 | 5808.7 | 37.3 | 4.1 | 68.9 | 154 | 3.2 | 2486.9 | 0.2 | 43 | 2293 | 684.5 | 278.8 | 1 | 12.9 | 355.6 | 0.3 | 1.3 | 62.4 | 1.6 | 57 |
| LERC005 | 83289 | 79 | 80 | 1 | 917.2 | 9.1 | 1 | 15.6 | 38.6 | 0.7 | 388.9 | 0 | 15 | 414.3 | 116.4 | 63.5 | 0.3 | 3.3 | 75.4 | 0 | 0.2 | 15.2 | 0.4 | 0 |
| LERC005 | 83290 | 80 | 81 | 1 | 2333 | 13.3 | 1.4 | 23 | 51.2 | 1.1 | 1117.1 | 0.1 | 13 | 859.9 | 267.9 | 94.1 | 0.3 | 4.6 | 161.4 | 0 | 0.4 | 23.5 | 0.5 | 19 |
| LERC005 | 83291 | 81 | 82 | 1 | 1874.5 | 9.7 | 0.9 | 16.5 | 36.1 | 0.9 | 1058 | 0 | 13 | 629.3 | 195.5 | 71.8 | 0.3 | 3.4 | 118.7 | 0.1 | 0.4 | 16.8 | 0.4 | 8 |
| LERC005 | 83292 | 82 | 83 | 1 | 16022.3 | 75.2 | 5.4 | 139.8 | 359.4 | 5.6 | 7071.5 | 0.2 | 22 | 6417.4 | 1978.9 | 709 | 0.4 | 28.3 | 1010.8 | 0.4 | 2.3 | 98.1 | 1.7 | 0 |
| LERC005 | 83293 | 83 | 84 | 1 | 12335.6 | 57.6 | 4.8 | 114.3 | 285.7 | 4.5 | 5501 | 0.2 | 31 | 4791.4 | 1470.3 | 562.5 | 0.5 | 22.5 | 790.9 | 0.4 | 1.6 | 79.4 | 1.4 | 50 |
| LERC005 | 83294 | 84 | 85 | 1 | 27099.8 | 89.6 | 6.7 | 214.6 | 459.2 | 6.8 | 11581.9 | 0.1 | 15 | 10124.3 | 3167 | 1015.6 | 0.3 | 35.1 | 1340.2 | 0.4 | 3 | 120 | 1.7 | 0 |
| LERC005 | 83296 | 85 | 86 | 1 | 5634.4 | 57.9 | 5.8 | 102.8 | 261.6 | 5 | 2201.5 | 0.2 | 11 | 2761.9 | 750.5 | 422.9 | 0.4 | 20.8 | 497.5 | 0.4 | 0.8 | 100.1 | 1.9 | 0 |
| LERC005 | 83297 | 86 | 87 | 1 | 1315.2 | 14.9 | 1.8 | 26.5 | 67.3 | 1.3 | 484.1 | 0.1 | 0 | 696.2 | 180.4 | 109 | 0.1 | 5.2 | 132.4 | 0.2 | 0.4 | 28.9 | 0.9 | 0 |
| LERC005 | 83298 | 87 | 88 | 1 | 11958.7 | 37.7 | 2.5 | 92.9 | 198.1 | 2.9 | 5105.8 | 0.1 | 0 | 4432.9 | 1369.7 | 423.8 | 0.2 | 14.4 | 592 | 0.2 | 1 | 55 | 0.9 | 0 |
| LERC005 | 83299 | 88 | 89 | 1 | 2285 | 12.7 | 1.2 | 22.1 | 50.2 | 1.2 | 1120.3 | 0.1 | 13 | 831.7 | 263.4 | 89 | 0.5 | 4.3 | 136 | 0.1 | 0.5 | 23.9 | 0.7 | 18 |
| LERC005 | 83300 | 89 | 90 | 1 | 915.9 | 7.6 | 1.1 | 10.7 | 26.7 | 0.8 | 409.1 | 0.1 | 22 | 367.4 | 110.2 | 43.4 | 0.8 | 2.4 | 72.7 | 0.1 | 0.8 | 16.9 | 0.7 | 38 |
| LERC005 | 83301 | 90 | 91 | 1 | 375.6 | 4.9 | 1.8 | 3.8 | 11.1 | 0.8 | 170.3 | 0.3 | 17 | 149.3 | 44.7 | 17.6 | 1.3 | 1.2 | 35.8 | 0.2 | 2.7 | 19.6 | 1.5 | 112 |
| LERC005 | 83302 | 91 | 92 | 1 | 167.1 | 4.2 | 1.8 | 1.9 | 6.9 | 0.7 | 79.7 | 0.2 | 16 | 68 | 19.3 | 9.7 | 1.4 | 0.8 | 25.5 | 0.2 | 2.9 | 17.9 | 1.2 | 134 |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria JORC Code explanation Commentary |
|
|---|---|
| Sampling techniques • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. • Reverse circulation drilling was carried out at seven prospects within the Yangibana Project to obtain drill chip samples from one-metre intervals from which a 2-4kg sample was collected for submission to the laboratory for analysis for rare earths, rare metals, U and Th. Mineralised zones were identified visually during geological logging in the field. Diamond drilling was carried out at three prospects to obtain core. One quarter core of selected intervals was submitted for the same analyses. • Samples from each metre were collected in a cyclone and split using a 3 level riffle splitter. Field duplicates and Reference Standards were inserted at a rate of approximately 1 in 40. |
|
| Drilling techniques • Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc). • Reverse Circulation drilling at the seven targets was carried out utilising a nominal 5 1/4 inch diameter face-sampling hammer. Diamond drilling was carried out at three prospects at NQ size, using triple-tube. Some of these holes were pre- collared. All diamond holes were orinented. |
|
| Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. • Recoveries are recorded by the geologist in the field at the time of drilling/logging. • If poor sample recovery is encountered during drilling, the geologist and driller have endeavoured to rectify the problem to ensure maximum sample recovery. Visual assessment is made for moisture and contamination. A cyclone and splitter were used to ensure representative samples and were routinely cleaned. • Sample recoveries have been high, and moisture in samples minimal. Insufficient data is available at present to determine if a relationship exists between recovery and grade. This will be assessed once a statistically valid amount of data is available to make a determination. |
|
| Logging • Whether core and chip samples have been geologically and geotechnically logged to a level • All RC drill chip samples are geologically logged at 1m intervals from surface to the bottom of each |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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| Criteria JORC Code explanation Commentary |
|
|---|---|
| of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. • The total length and percentage of the relevant intersections logged. individual hole to a level that will support appropriate future Mineral Resource studies. Diamond core was logged in detail and samples taken for assay based on geological/mineralogical variations. • Logging of RC chips is considered to be semi- quantitative given the nature of reverse circulation drill chips and the inability to obtain detailed geological information. Logging of diamond core is considered quantitative as the quality of sample was excellent. All core was photographed wet and dry. • All RC and diamond drill holes in the current programme are logged in full. |
|
| Sub- sampling techniques and sample preparation • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. • The RC drilling rig was equipped with an in-built cyclone and triple tier riffle splitting system, which provided one bulk sample of approximately 20kg, and a sub-sample of 2-4kg per metre drilled. Diamond core was sawed into half and one half into quarters with one quarter sent for analysis. • All RC samples were split using the system described above to maximise and maintain consistent representivity. The majority of samples were dry. For wet samplesthecleanliness of the cyclone and splitter was constantly monitored by the geologist and maintained to avoid contamination. • Bulk samples were placed in green plastic bags, with the sub-samples collected placed in calico sample bags. • Field duplicates were collected directly from the splitter as drilling proceeded through a secondary sample chute. These duplicates were designed for lab checks as well as lab umpire analysis. • A sample size of 2-4kg was collected from the RC holes and is considered appropriate and representative for the grain size and style of mineralisation. Selectivity of diamond core samples was based on geological/mineralogical variations and is considered excellent. |
|
| Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg • Genalysis (Perth) was used for all analysis work carried out on the 1m drill chip samples and the diamond core samples. The laboratory techniques below are for all samples submitted to Genalysis and are considered appropriate for the style of mineralisation defined at the Yangibana Project: FP6/MS • Blind field duplicates were collected at a rate of 1 duplicate for every 40 samples that are to be submitted to Genalysis for laboratory analysis. |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary | |
|---|---|---|---|---|---|
| standards, blanks, duplicates, external | Field duplicates were split directly off the splitter | ||||
| laboratory checks) and whether acceptable | as drilling proceeded at the request of the | ||||
| levels of accuracy (ie lack of bias) and precision | supervising geologist. | ||||
| have been established. | |||||
| Verification | • | The verification of significant intersections by | • | At least two company personnel or consultants | |
| of sampling | either independent or alternative company | verify all significant intersections. | |||
| and assaying | personnel. | • | All geological logging and sampling information is | ||
| • | The use of twinned holes. | completed firstly on to paper logs before being | |||
| • | Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. |
transferred to Microsoft Excel spreadsheets. Physical logs and sampling data are returned to the Hastings head office for scanning and storage. Electronic copies of all information are backed up |
|||
| • | Discuss any adjustment to assay data. | daily. | |||
| • | No adjustments of assay data are considered | ||||
| necessary. | |||||
| Location of | • | Accuracy and quality of surveys used to locate | • | A Garmin GPS 60 hand-held GPS is used to | |
| data points | drill holes (collar and down-hole surveys), | define the location of the drill hole collars. | |||
| trenches, mine workings and other locations | Standard practice is for the GPS to be left at the | ||||
| used in Mineral Resource estimation. | site of the collar for a period of 5 minutes to obtain | ||||
| • | Specification of the grid system used. | a steady reading. Collar locations are considered to be accurate to within 5m. Collars will be picked |
|||
| • | Quality and adequacy of topographic control. | up by DGPS in the future. Down hole surveys are conducted by the drill contractors using a Reflex |
|||
| electronic single-shot camera with readings for dip | |||||
| and magnetic azimuth nominally taken every 30m | |||||
| down hole, except in holes of less than 30m. The | |||||
| instrument is positioned within a stainless steel | |||||
| drill rod so as not to affect the magnetic azimuth. | |||||
| • | Grid system used is MGA 94 (Zone 52) | ||||
| • | A DTM survey over the central portion of the | ||||
| Project has been completed providing high quality | |||||
| air photos and 1m contour detail. | |||||
| Data spacing | • |
Data spacing for reporting of Exploration | • | Drill holes were located at optimal locations to | |
| and | Results. | provide intersections as required. | |||
| 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. |
• • |
The drill hole spacing is considered to be reasonable to enable geological continuity to be interpreted. As such, it is considered sufficient to enable estimation of a Mineral Resource. All RC samples were analysed over 1m intervals with diamond core samples selected based on |
|
| • | Whether sample compositing has been applied. | geological/mineralogical boundaries. | |||
| Orientation | • | Whether the orientation of sampling achieves | • | Most drill holes are planned to intersect the | |
| of data in | unbiased sampling of possible structures and | interpreted mineralised structures/lodes as near to | |||
| relation to | the extent to which this is known, considering | a perpendicular angle as possible (subject to | |||
| geological | the deposit type. | access to the preferred collar position). | |||
| structure | |||||
| • | 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. |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Sample | • | The measures taken to ensure sample security. | • | The chain of custody is managed by the project |
| security | geologist who places calico sample bags in | |||
| polyweave sacks. Up to 10 calico sample bags are | ||||
| placed in each sack. Each sack is clearly labelled | ||||
| with: | ||||
| • Hastings Rare Metals Ltd |
||||
| • Address of laboratory |
||||
| • Sample range |
||||
| • | Samples were delivered by Hastings personnel to | |||
| the Nexus Logistics yard in order to be loaded on | ||||
| the next available truck for delivery to Genalysis. | ||||
| The freight provider delivers the samples directly | ||||
| to the laboratory. Detailed records are kept of all | ||||
| samples that are dispatched, including details of | ||||
| chain of custody. | ||||
| Audits or | • | The results of any audits or reviews of sampling | • | No audit of sampling data has been completed to |
| reviews | techniques and data. | date but a review will be conducted once all data | ||
| from Genalysis (Perth) has been received. Data is | ||||
| validated when loading into the database and will | ||||
| be validated again prior to any Resource | ||||
| estimation studies. |
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Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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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 |
|
|---|---|
| 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 drilling was carried out within E09/1043, E09/1049 and E09/1706 (HAS 70%); E09/2007, E09/2018 and P09/467 (HAS 95%). • The tenements are in good standing and no known impediments exist. |
|
| Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Hurlston Mining and Challenger Mining drilled all targets tested in the current programme during the 1980s. • Hurlston estimated non-JORC resources. |
|
| Geology • Deposit type, geological setting and style of mineralisation. • Outcropping mineralisation is hosted by ironstone veins. At depth these ironstones locally merge into magnetite- carbonatite veins. |
|
| 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 collaro elevation or RL (Reduced Level – elevationabove sea level in metres) of the drill hole collar o dip and azimuth of the holeo down hole length and interception deptho 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. • Refer to details of drilling in tables in the body of this report and the appendices. 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 intervals reported for RC holes are composed of 1m down hole intervals. Intervals for diamond holes are based on geological/mineralogical boundaries as identified by the project geologist. Intervals are calculated based on length weighting. A lower cut-off grade of 5000ppm TREO has been used for assessing significant intercepts, and no upper cut-off grade was applied. • Maximum internal dilution of 2m was incorporated in reported significant intercepts. • Hastings has introduced a Nd2O3-Equivalent metal value. The Company considers that its target oxides are those of neodymium, praseodymium, dysprosium and europium . The Nd2O3-Eq figure is calculated based on the current commodity prices for the four oxides and |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399
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| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary | |
|---|---|---|---|---|---|
| their relative contents. | |||||
| Relationship | • | These relationships are particularly important in | • | True widths for mineralisation have not been | |
| between | the reporting of Exploration Results. | calculated and as such only down hole lengths | |||
| mineralisation | have been reported. | ||||
| widths and | |||||
| intercept lengths | • |
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. |
• | With the evidence of the recent drilling programme it is clear that true widths are in general similar to intersected widths. At this stage only intersected widths are quotted. |
|
| • | 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 scales) | • | Appropriate maps and sections are available in | |
| and tabulations of intercepts should be included | the body of this ASX announcement. | ||||
| 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 of results in this report is considered | |
| reporting | Exploration Results is not practicable, | balanced. | |||
| representative reporting of both low and high | |||||
| grades and/or widths should be practiced to | |||||
| avoid misleading reporting of Exploration | |||||
| Results. | |||||
| Other | • | Other exploration data, if meaningful and | • | Bulk density measurements on the core have | |
| substantive | material, should be reported including (but not | indicated bulk densities of 2.8 for mineralised | |||
| exploration data | limited to): geological observations; geophysical | material and 2.6 for adjacent host rocks. Bulk | |||
| survey results; geochemical survey results; bulk | samples from both Yangibana North and Bald | ||||
| samples – size and method of treatment; | Hill South have been sent for metallurgical test | ||||
| metallurgical test results; bulk density, | work. Values for Th and U are considered to be | ||||
| groundwater, geotechnical and rock | inconsequential but further studies are in place | ||||
| characteristics; potential deleterious or | to ensure that these elements are accounted for | ||||
| contaminating substances. | in any future operation. | ||||
| Further work | • | The nature and scale of planned further work | • | Results will be reviewed to determine the next | |
| (eg tests for lateral extensions, depth | phase of work, but all targets remain open along | ||||
| extensions or large-scale step-out drilling). | strike and, possibly, at depth. | ||||
| • | Diagrams clearly highlighting the areas of | ||||
| possible extensions, including the main | |||||
| geological interpretations and future drilling | |||||
| areas, provided this information is not | |||||
| commercially sensitive. |
Address Suite 2508, Level 25, 31Market St, Sydney NSW 2000 Postal Address PO Box Q128 Queen Victoria Building NSW 1230 Telephone 02 8268 8689 Fax 02 8268 8699 Email [email protected] Website www.hastingsraremetals.com ABN 43 122 911 399