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INFINITY MINING LIMITED Regulatory Filings 2023

Dec 12, 2023

65121_rns_2023-12-12_36f14597-2a13-4012-877e-62cc6300223c.pdf

Regulatory Filings

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ASX ANNOUNCEMENT 13 December 2023

INFINTY IS RAPIDLY EVOLVING INTO THE NEXT MAJOR LITHIUM DEVELOPER IN THE WORLD CLASS PILBARA LITHIUM PROVINCE IN WESTERN AUSTRALIA

Highlights

  • WOODY PROSPECT LITHIUM STRIKE LENGTH TRIPLES TO 5.7KM

  • 2.9% Li2O RESULTED FROM A ROCK CHIP SAMPLE TAKEN FROM A PEGMATITE 6M WIDE

  • LCT PEGMATITE SWARMS AT SURFACE POINT TO A SUBSTANTIAL LITHIUM RICH ENTITY AT DEPTH

  • NEW LITHIUM DISCOVERIES AT HILLSIDE PROJECT

Australian lithium explorer Infinity Mining Limited (ASX: IMI ) (“Infinity” or the “Company”) is rapidly evolving into the next major lithium developer in Australia .

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Figure 1 – IMI Pilbara East tenement portfolio showing proximity to substantial lithium discoveries.

Infinity Mining Ltd / ABN: 73 609 482 180 / T: +61 7 3221 1796 / W: infinitymining.com.au Kings Row Office Park, Suite 1G, Building 1, 40-52 McDougall Street, MILTON QLD 4064, Australia

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The company has updated its project and prospect naming conventions. The Woody Prospect (formerly ‘Tambourah South’) is now part of the highly prospective Infinity Project (formerly ‘Tambourah’).

WOODY PROSPECT LITHIUM EXTENSION

Ongoing rock chip sampling and mapping continues to show a high-grade lithium trend and highlighting a substantial lithium system based on a combined Lithium-Caesium-Tantalum (“LCT”) pegmatite strike of 5.7km (from 1.5km) . IMI has defined large LCT pegmatite swarms within an area of 1.8km x 650m covering approximately one third of the tenement with the remaining area still to be explored (see Figure 2).

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Figure 2 – Woody prospect with pegmatite swarm and exploration potential.

Visual spodumene and lepidolite was encountered in a third of the rock chip samples with the best result of 2.9% Li2O in a pegmatite outcrop 6m wide. A full list of rock chip results is in Appendix 1. A total of 98 rock chip samples were collected from outcrops with 30 displaying visible spodumene

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and/or Lepidolite and 12 samples grading over 1% Li2O . IMI plans to continue defining the outcropping LCT pegmatites following up with initial RC drilling.

NEW LITHIUM DISCOVERIES AT HILLSIDE

Two new LCT pegmatite outcrops have been identified at the Hillside project. The Buzz and Lightyear prospects are located on the opposite side of the granite dome to where multiple outcropping lithium pegmatite zones have been discovered at the company’s Infinity Project (Figure 2). The new pegmatite discoveries are located within Hillside tenement E45/4824 on the western edge of the greenstone belt.

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Figure 3 – Hillside Project showing 2 New Lithium Discoveries.

These pegmatites were identified during a helicopter survey of the region. More detailed exploration and sample collection is being expedited. A total of 7 samples, each identifying a separate pegmatite outcrop, were assayed indicating LCT enrichment. No lithium minerals were identified but anomalous grades of caesium, rubidium and tantalum of 15.8ppm, 0.2% and 12.6ppm respectively were encountered. Full list of samples is provided in Appendix 2. The locations sampled are considered highly

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weathered at surface therefore depleted in significant surface mineralisation. Detailed ground exploration will commence in 2024 to fully ascertain the prospectivity of these regions.

The project geology and setting are considered highly prospective due to the host greenstone belt being within 10km of the "HOT" granite that also hosts the Infinity Project on the western side, as well as multiple tin and tantalum discoveries. These discoveries are defining a new lithium corridor (Figure 3) of which IMI has 850km² of tenements that are to be explored for lithium as soon as possible.

Figure 4 – Woody prospect to the west of the ‘granite dome’ with Buzz and Lightyear to the east.

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For further information please contact:

Joe Phillips Executive Chairman +61 7 3221 1796 [email protected]

Company Profile

Infinity Mining Limited holds 100% interest in 836.2 km2 of tenements in the East Pilbara and 22.3 km2 in the Central Goldfields regions of Western Australia. These tenements are located in highly prospective Lithium, Nickel, Copper and Gold terranes. The Company’s business strategy is an increasing focus on substantial East Pilbara lithium assets.

Caution Regarding Forward Looking Statements

Certain of the statements made and information contained in this press release may constitute forward-looking information and forwardlooking statements (collectively, “forward-looking statements”) within the meaning of applicable securities laws. All statements herein, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, including but not limited to statements regarding exploration results and Mineral Resource estimates or the eventual mining of any of the projects, are forward-looking statements. The forward-looking statements in this press release reflect the current expectations, assumptions or beliefs of the Company based upon information currently available to the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and no assurance can be given that these expectations will prove to be correct as actual results or developments may differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include but are not limited to: unforeseen technology changes that results in a reduction in copper, nickel or gold demand or substitution by other metals or materials; the discovery of new large low cost deposits of copper, nickel or gold; the general level of global economic activity; failure to proceed with exploration programmes or determination of Mineral resources; inability to demonstrate economic viability of Mineral Resources; and failure to obtain mining approvals. Readers are cautioned not to place undue reliance on forward-looking statements due to the inherent uncertainty thereof. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. The forwardlooking statements contained in this press release are made as of the date of this press release and except as may otherwise be required pursuant to applicable laws, the Company does not assume any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Competent Persons Statement

The information contained in this report that relates to the Exploration Results is based on information compiled by Mr Andrew Hawker, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hawker is a Geological Consultant for Infinity Mining and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he has undertaken to qualify as Competent Person as defined in the 2012 Edition of the Australasian JORC Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Hawker consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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APPENDIX 1: Rock Chip Assays From Woody Lithium Prospect

Sample_ID GDAz50 North GDAz50 East Pegmatite
Thickness(m)
Li20% Rubidium Caesium Tantalum
GR03249 7,599,418 726,446 6 2.892 580 3.4 52.4
GR03248 7,599,424 726,445 5 2.89 556 6.0 74.2
GR03241 7,599,847 726,139 0.1 1.827 1,160 7.4 21.2
GR03247 7,599,434 726,453 4 1.696 738 3.4 162.6
GR03242 7,599,849 726,140 0.5 1.642 4,261 5.2 43.3
GR03261 7,598,807 726,420 1 1.581 3,587 3.5 37.7
GR03262 7,598,804 726,417 1 1.56 3,675 2.5 34.2
GR03219 7,599,851 726,197 5 1.398 3,512 9.8 63.3
GR03309 7,599,929 726,117 8 1.376 1,142 8.9 38.7
GR03245 7,599,476 726,490 1.368 82 10.6 225.1
GR03229 7,599,688 726,049 2 1.131 2,872 8.2 28.5
GR03238 7,599,933 726,083 3 1.052 3,366 3.1 176.1
GR03239 7,599,941 726,104 8 0.848 2,122 7.9 26.7
GR03223 7,599,835 726,154 0.5 0.694 1,942 11.4 85.9
GR03289 7,600,319 726,192 0.529 2,391 17.2 112.7
GR03308 7,600,199 726,338 0.511 1,935 17.1 38.7
GR03220 7,599,846 726,190 2 0.486 1,828 15.7 60.1
GR03221 7,599,841 726,187 1 0.482 2,089 20.3 50.4
GR03240 7,599,929 726,087 3 0.329 2,503 4.7 86.2
GR03227 7,599,698 726,116 1 0.299 2,482 5.0 49.1
GR03244 7,599,465 726,482 1 0.286 1,577 0.8 2.5
GR03243 7,599,855 726,141 1 0.267 1,320 14.6 286.2
GR03225 7,599,658 726,124 1 0.223 2,309 10.1 182.7
GR03222 7,599,837 726,179 1 0.209 1,412 10.9 58.7
GR03230 7,599,696 726,051 1 0.128 1,079 25.7 39.5
GR03246 7,599,475 726,512 1 0.113 770 1.5 63.5
GR03224 7,599,650 726,123 1 0.049 2,402 15.3 107.2
GR03231 7,599,669 725,934 5 0.049 1,480 3.7 259.8
GR03228 7,599,701 726,130 1 0.037 965 5.6 71.8
GR03234 7,599,787 726,028 1 0.029 1,672 4.0 48.1
GR03251 7,600,001 726,342 0.5 0.028 139 2.9 137.9
GR03250 7,599,228 726,351 0.026 16 3.8 171.2
GR03237 7,599,854 726,058 1 0.024 1,205 5.3 108.1
GR03273 7,600,143 726,140 0.5 0.024 202 9.7 43.1
GR03312 7,599,958 726,177 0.2 0.018 12 5.2 22.7
GR03314 7,599,937 726,148 2 0.018 321 7.4 32.7
GR03233 7,599,779 726,018 1 0.017 1,825 5.2 91.5
GR03306 7,600,163 726,318 1 0.017 974 7.3 131.7
GR03316 7,599,945 726,129 1 0.017 77 4.9 44.0

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GR03232 7,599,673 725,941 0.016 2,563 4.2 122.6
GR03236 7,599,828 726,050 1 0.016 1,092 5.9 177.5
GR03235 7,599,813 726,042 0.5 0.015 453 7.2 96.3
GR03311 7,599,969 726,187 0.5 0.015 93 12.4 59.5
GR03259 7,599,044 726,595 0.2 0.014 165 11.6 87.2
GR03271 7,600,101 726,156 2 0.014 234 4.6 122.8
GR03288 7,600,326 726,193 1 0.014 1,842 6.1 77.7
GR03226 7,599,683 726,114 0.013 336 7.1 75.8
GR03263 7,600,278 726,595 0.5 0.013 98 27.3 109.7
GR03274 7,600,089 726,151 2 0.013 309 7.2 22.4
GR03303 7,600,044 726,288 0.013 170 5.0 73.5
GR03317 7,599,855 726,196 1 0.013 688 4.5 65.2
GR03310 7,599,980 726,187 1 0.012 168 9.8 156.6
GR03313 7,599,942 726,157 2 0.012 601 7.2 94.7
GR03279 7,600,227 726,152 1 0.011 1,577 15.4 15.0
GR03275 7,600,155 726,130 0.5 0.01 111 18.1 82.6
GR03285 7,600,299 726,266 2 0.01 804 6.5 541.9
GR03294 7,600,546 726,143 0.01 112 3.6 94.5
GR03304 7,600,119 726,313 2 0.01 500 5.3 60.5
GR03307 7,600,194 726,323 0.5 0.01 654 23.0 121.9
GR03256 7,599,102 726,554 1 0.009 150 3.2 61.3
GR03260 7,600,154 726,153 1 0.009 368 1.9 51.2
GR03264 7,600,273 726,594 0.5 0.009 295 12.4 43.4
GR03277 7,600,183 726,132 0.5 0.009 55 8.6 77.8
GR03278 7,600,198 726,138 0.5 0.009 32 18.0 13.0
GR03252 7,599,985 726,339 1 0.008 274 3.6 398.0
GR03254 7,599,932 726,335 0.5 0.008 26 6.8 99.9
GR03255 7,599,898 726,317 0.2 0.008 48 4.8 113.5
GR03257 7,599,092 726,539 0.2 0.008 17 15.0 14.0
GR03280 7,600,248 726,170 1 0.008 53 17.2 49.0
GR03287 7,600,407 726,285 1 0.008 568 13.8 183.7
GR03301 7,599,984 726,258 1 0.008 11 2.5 21.9
GR03315 7,599,963 726,136 0.5 0.008 97 13.2 86.4
GR03282 7,600,205 726,199 0.007 204 2.0 141.1
GR03299 7,600,441 726,133 1 0.007 433 8.3 516.7
GR03300 7,599,964 726,247 0.5 0.007 116 5.1 52.0
GR03305 7,600,136 726,322 1 0.007 227 7.2 65.5
GR03267 7,600,243 726,603 0.006 159 20.8 116.2
GR03281 7,600,259 726,170 0.006 654 14.1 92.7
GR03284 7,600,260 726,229 1 0.006 238 1.4 139.3
GR03290 7,600,295 726,148 1 0.006 768 17.9 24.5
GR03296 7,600,324 726,031 0.5 0.006 67 6.7 121.6
GR03297 7,600,341 726,020 1 0.006 766 4.5 61.9

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GR03298 7,600,416 726,125 2 0.006 5 8.1 131.4
GR03302 7,600,015 726,274 1 0.006 173 5.3 58.9
GR03253 7,599,955 726,340 0.5 0.005 37 2.2 153.3
GR03269 7,600,138 726,146 0.005 17 4.2 83.8
GR03258 7,599,034 726,587 0.5 0.004 36 3.5 83.7
GR03266 7,600,240 726,603 1 0.004 222 11.5 101.7
GR03272 7,600,129 726,142 0.5 0.004 41 9.4 45.2
GR03276 7,600,163 726,129 0.5 0.004 42 11.9 69.8
GR03283 7,600,225 726,199 0.5 0.004 32 1.3 19.7
GR03286 7,600,370 726,301 1 0.004 1,395 3.6 129.2
GR03291 7,600,433 726,212 0.5 0.004 1,257 3.9 73.0
GR03292 7,600,448 726,212 1 0.004 399 8.4 97.1
GR03268 7,600,140 726,155 0.003 72 20.2 41.4
GR03270 7,600,150 726,149 0.003 14 6.9 41.2
GR03295 7,600,318 726,031 0.5 0.003 18 7.9 137.5
GR03293 7,600,462 726,218 1 0.002 26 27.4 155.5

APPENDIX 2: Rock Chip Assays From Buzz Lithium Prospect

SampleID East(GDAz50) North(GDAz50) mRL_ASL Li2O_ppm Rb_ppm Cs_ppm Ta_ppm
GR01723 769,603 7,606,391 374 190 297.4 51.2 0.9
GR01724 769,584 7,606,404 385 310 310.7 43.1 12.4
GR01725 769,583 7,606,403 383 290 388.2 113 2.9
GR01726 769,533 7,606,391 382 590 623 147 18.3
GR01727 769,535 7,606,391 383 190 136 19.2 0.4
GR01728 769,452 7,606,391 407 170 143.2 14 0.4
GR01729 769,428 7,606,387 383 270 512.9 53.7 91
GR01730 769,438 7,606,367 381 180 343.5 58.2 2
GR01731 769,376 7,606,383 362 400 544.3 72.7 5.7
GR01732 769,426 7,606,383 356 60 321.3 24.2 0.8
GR01733 769,300 7,606,361 317 80 239.3 29.9 3.6

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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 Commentary
Sampling
techniques
Nature and quality of sampling (e.g. cut
channels,
random
chips,
or
specific
specialised
industry
standard
measurement tools appropriate to the
minerals under investigation, such as down
hole gamma sondes, or handheld XRF
instruments, etc). These examples should
not be taken as limiting the broad meaning
of sampling.
Include reference to measures taken to
ensure sample representivity and the
appropriate
calibration
of
any
measurement tools or systems used.
Aspects
of
the
determination
of
mineralisation that are Material to the
Public Report.
In cases where ‘industry standard’ work
has been done this would be relatively
simple (e.g. ‘reverse circulation drilling was
used to obtain 1 m samples from which 3
kg was pulverised to produce a 30 g charge
for fire assay’). In other cases more
explanation may be required, such as
where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (e.g.
submarine
nodules)
may
warrant
disclosure of detailed information.
.
•107 rock chip samples between 1 to 3 kg
were collected by a qualified geologist on
site. All sample information, including
lithological
descriptions
and
GPS
coordinates were recorded during the
sampling process. Individual samples were
bagged in calico bags and sent to Nagrom
Laboratory in Perth, WA, for sodium
peroxide fusion for 10 element suite
analysis.
Drilling
techniques
Drill type (e.g. core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc) and details (e.g. core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
_what method, etc). _
•RC drilling was conducted by Strike NA
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.
•NA
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
•Logs are largely qualitative in nature using
company logging codes.
•Loggingof spodumene and Lepidolite

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Criteria JORC Code explanation Commentary Commentary
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.
mineralization and veining was
quantitative.
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.
•NA
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
For geophysical tools, spectrometers,
handheld
XRF
instruments,
etc,
the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.
Nature of quality control procedures
adopted
(e.g.
standards,
blanks,
duplicates, external laboratory checks) and
whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been
established.
•The entire samples were dried, crushed
and pulverized to 85% passing <75um. A
Sodium Peroxide fusion in a Ni crucible
with a HCl finish was used for digestion. An
ICP-OES and ICP-MS analysis was then
carried out for 10 elements including Li2O
and Li indicator elements. Li2O% was
calculated from Li ppm using a conversion
factor of 2.153 at the lab, assays are
currently pending.
•Infinity mining inserted standards with the
rock chip samples.
Verification
of sampling
and
assaying
The verification of significant intersections
by
either
independent
or
alternative
company personnel.
The use of twinned holes.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Discuss any adjustment to assay data.
•Samples
and
sample
sites
were
documented in the field by a qualified
geologist.
•Li2O% was calculated by the lab from Li
ppm using a conversion factor of 2.153.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.
•A table of rock chip sample location details
is included in the report at Appendix 1 & 2.
•A map showing the drill hole locations is
included in the body of the report.
•Rockchiplocationswere collected using a

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Criteria JORC Code explanation Commentary
Specification of the grid system used.
Quality and adequacy of topographic
control.
hand-held Garmin GPS and coordinates
are referenced to GDA94, MGA Zone 50
grid.
•The accuracy of the drill collar locations for
East and North is around 3 to 5 m error. The
accuracy
for
elevation
is
higher
(approximately10 m).
Data
spacing and
distribution
Data spacing for reporting of Exploration
Results.
Whether the data spacing and distribution
is sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
Whether sample compositing has been
applied.
•Samples were randomly collected.
•There is insufficient data to determine any
economic parameters or mineral resources
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.
•Pegmatites at Woody are mostly north-
east orientated and at Buzz and Lightyear
Prospects they are oriented north-west
Sample
security
The measures taken to ensure sample
security.
•Infinity Mining staff delivered all the
samples directly to Nagrom Labs for
analysis.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
•No
audits
or
reviews
of
sampling
techniques and data were undertaken.

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 tenure held at the time of
reporting
along
with
any
known
impediments to obtaining a licence to
operate in the area.
•Woody
Prospect
is
located
within
tenement E45/4848 held by Infinity Mining
Limited covering an area of 3.2km².
•Buzz & Lightyear Prospects are located
within tenement E45/4824 with an area of
223km²
•All tenements are in good standing.
•A Heritage Agreement with the Palyku
Claimant Group is in place.

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Criteria JORC Code explanation Commentary
Exploration
done by other
parties
Acknowledgment
and
appraisal
of
exploration by other parties.
South Tambourah
•No exploration for Lithium has been
reported on E45/4848.
•A Ta (Li) occurrence in the north-west
corner of the E45/4848, Tambourah North
2 is reported in the WAMEX mineral
occurrence database but no description of
this occurrence was found.
•Nickle exploration was carried by Anglo
(1969-1973). No significant mineralisation
was found.
•Gold exploration was carried by Altura
(2012-2015),
B
Keilor
(2001-2005),
Mineral Prospectors (1986-1993), BHP
(1981-1986) No significant mineralisation
was found.
•Altura
recognised
Lepidolite
bearing
pegmatites approx. 2.5km south of the
tenement and sampling returned up to
1.38% Li2O (Trautman, 2013). Altura’s
focus was the granite/greenstone margin
and their tenement was adjacent to
E45/4848.
Geology Deposit type, geological setting and style
of mineralisation.
•Lithium-Cesium-Tantalum
(or
LCT)
pegmatites with structurally deformed
Archean Greenstones, similar to the
Greenbushes, Pilgangoora and Wodgina
lithium deposits.
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
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.
•NA
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. 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
•NA

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Criteria JORC Code explanation Commentary
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.
Relationship
between
mineralisation
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 be a
clear statement to this effect (e.g. ‘down
_hole length, true width not known’). _
•NA
Diagrams Appropriate maps and sections (with
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.
•All maps have been inserted within the
announcement. See diagrams in body of
report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
•N/A
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported 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.
•N/A
Further work The nature and scale of planned further
work (e.g. tests for lateral extensions or
depth extensions or large-scale step-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.
•Refer
to
the
main
body
of
the
announcement.

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