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LODE RESOURCES LTD Regulatory Filings 2024

Dec 10, 2024

65220_rns_2024-12-10_fd0c1be8-f047-45d3-b0bb-5266d0c4c039.pdf

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ASX Announcement | 11 December 2024

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CASTLEREAGH DELIVERS OUTSTANDING SILVER INTERCEPTS AT WEBBS CONSOL SILVER PROJECT

Highlights

  • Drill results from Castlereagh confirmed the tenor of previously reported intercepts of 50.0m @ 224 g/t AgEq[1 ] (WCS023) from 17.0m and 47.4m @ 112 g/t AgEq[1] (WSC 031) and extended this lode at depth.

WCS 091 returned:

  • 6.6m @ 246 g/t AgEq, 7.61% ZnEq within a broader intercept of 16.9m @ 168 g/t AgEq[1] , 5.19% ZnEq[1] from 77.7m

WCS 092 returned:

  • 7.0m @ 220 g/t AgEq, 6.80% ZnEq within a broader intercept of 22.20m @ 157 g/t AgEq[1] , 4.87% ZnEq[1] from 118.0m

  • These first diamond drill intercepts at Webbs Consol North are reported, following up on previously reported RC drilling results including (WCS070) 21.0m @ 122 g/t AgEq[1] , 3.76% ZnEq[1] from 2.0m and (WCS071) 13.0m @ 193 g/t AgEq[1] , 5.97% ZnEq[1] from 10.0m;

WCS 083 returned:

  • 7.0m @ 215 g/t AgEq, 6.67% ZnEq within a broader intercept of 12.5m @ 133 g/t AgEq[1] , 4.12% ZnEq[1] from 77.7m

  • Full assays are now incorporated into the database allowing an initial Mineral Resource Exploration Target to be completed in 2025. Up to eight pipe style high grade Silver Zinc mineralisation zones will be estimated.

  • Targets further south of known mineralisation in the Tangoa area previously drilled by CRA Exploration in the 1980s are also under consideration.

Executive Director, Jason Beckton, commented: “The Castlereagh lode is shaping

up to be a significant addition to the Webbs Consol Silver Project with continuous zones of above 100 Ag equivalent intercepted and worth further extension drilling to define the boundaries of this mineralised lode at depth. Webbs Consol North continues to deliver open silver mineralisation zones. Tangoa West was drilled to 300m vertical depth and remains open as are all lodes discovered to date, providing a solid template for Castlereagh.

LDR remains well funded for the further exploration work at both the Webbs Consol Silver and Uralla Gold Projects in NSW and the Montezuma Antimony Project in Tasmania”.

ASX Code: LDR | ACN: 637 512 415 | www.loderesources.com A: : Level 5, 1 Margaret St, Sydney NSW 2000 | P: +61 2 9199 8017 | E: [email protected]

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Webbs Consol Silver Project Exploration Update

Lode Resources Ltd ( ASX:LDR ) (“Lode”, or the “Company”) is pleased to announce a significant exploration update on drilling at the Company’s 100% owned Webbs Consol Silver Project (“Webbs Consol”) located in the New England Fold Belt in north-eastern New South Wales.

Diamond drilling at the Webbs Consol Silver Project testing the Castlereagh and Webbs Consol North prospects has successfully intercepted significant silver and zinc mineralisation in several drill holes. See Tables 1 to 4 for details.

Table 1. Drill hole WCS091 intercept assay summary - Castlereagh

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Table 2. Drill hole WCS092 intercept assay summary - Castlereagh

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Sulphide mineralisation present in the Webbs Consol North intercepts is coarse blebs of sphalerite ((Zn,Fe)S) and minor galena (PbS) as well as semi massive veins of sphalerite. Silver mineralisation is present as tetrahedrite ((Cu,Fe,Zn,Ag)12Sb4S13) and stephanite (Ag5SbS4).

Table 3. Drill hole WCS083 intercept assay summary - Webbs Consol North

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Table 4. Drill hole WCS084 intercept assay summary - Webbs Consol North

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Table 5. Drill hole WCS087 intercept assay summary - Webbs Consol North

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Figure 1. Webbs Consol Silver Project – Location of main lodes and significant intercepts with reported intercepts highlighted in yellow font.

Webbs Consol North WCS083 12.5m @ 133 g/t AgEq[1] , 4.12% ZnEq[1] WCS070: 21.0m @ 122 g/t AgEq[1] , 3.76% ZnEq[1 ] WCS071: 13.0m @ 193 g/t AgEq[1] , 5.97% ZnEq[1] WCS071: 34.0m @ 82 g/t AgEq[1] , 2.54% ZnEq[1] WCS074: 20.0m @ 83 g/t AgEq[1] , 2.57% ZnEq[1] WCS006: 27.5m @ 357 g/t AgEq[1] , 11.03% ZnEq[1] WCS007: 24.2m @ 273 g/t AgEq[1] , 8.46% ZnEq[1] WCS028: 43.6m @ 83 g/t AgEq[1] , 2.58% ZnEq[1] WCS012: 12.1m @ 282 g/t AgEq[1] , 8.73% ZnEq[1] Castlereagh WCS091 16.9m @ 168 g/t AgEq[1] , 5.19% ZnEq[1] WCS092 22.20m @ 168 g/t AgEq[1] , 5.19% ZnEq[1] WCS023: 50.0m @ 224 g/t AgEq[1] , 7.56% ZnEq[1] WCS031: 47.4m @ 112 g/t AgEq[1] , 3.47% ZnEq[1] WCS034: 20.5m @ 210 g/t AgEq[1] , 6.51% ZnEq[1] WCS035: 13.7m @ 214 g/t AgEq[1] , 6.62% ZnEq[1] WCS019: 26.7m @ 351 g/t AgEq[1] , 10.86% ZnEq[1] WCS020: 31.0m @ 192 g/t AgEq[1] , 5.95% ZnEq[1] WCS044: 54.0m @ 245 g/t AgEq[1] , 7.57% ZnEq[1] WCS045: 116.1m @ 721 g/t AgEq[1] , 22.33% ZnEq[1] WCS047: 24.5m @ 971 g/t AgEq[1] , 30.06% ZnEq[1] WCS049: 44.2m @ 221 g/t AgEq[1] , 6.84% ZnEq[1] WCS050: 65.8m @ 755 g/t AgEq[1] , 23.37% ZnEq[1] WCS051 : 30.7m @ 289 g/t AgEq[1] , 8.95% ZnEq[1] WCS052A: 149.2m @ 455 g/t AgEq[1] , 14.09% ZnEq[1] WCS052B: 40.2m @ 466 g/t AgEq[1] , 14.41% ZnEq[1] WCS064: 27.7m @ 407 g/t AgEq[1] , 12.60% ZnEq[1] WCS065: 33.2m @ 332 g/t AgEq[1] , 10.26% ZnEq[1] All widths are down hole

Zinc Equivalent Grades

Since the commencement of drilling at the Webbs Consol Silver Project it was deemed that silver was the appropriate metal for equivalent metal calculations as silver is the most common metal to all mineralisation zones. This is still the case however zinc is becoming increasing dominant with depth and therefore LDR has decided to calculate both silver and zinc equivalent grades to demonstrate overall grades. Metal equivalent figures are a simple way to demonstrate overall grade with a single figure thus making comparisons easier for investors. All assumptions and formulae are outlined in the JORC Code, 2012 Edition - Table 1 located in the Appendix of this release.

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Castlereagh - an open pipe of mineralisation, more drilling to be proposed.

Figure 2. Plan view of Castlereagh. WSC091 and 092 in confirm the vertical continuity of the Castlereagh pipe which remains open at depth.

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Section
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Figure 3. Section view of all holes over 100m slice of Castlereagh. WC92 and WC31 demonstrates lode orientation which assists with drill targeting at depth.

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WCS039
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Webbs Consol North - an open zone of multiple parallel structures, the first undercover exploration outcome for the Project.

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Figure 4. Plan view of all Webbs Consols holes, open high-grade zones remain open at depth.
WCS039
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Figure 5. Long Section view – multiple mineralisation intercepts are to be grade contoured.

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Webbs Consol Project Overview

Located 16km west-south-west of Emmaville, Webbs Consol was discovered in 1890 with intermittent mining up to the mid-1950s. The Webbs Consol Project (EL8933) contains several small, high-grade, silver-lead-zinc-gold deposits hosted by the Webbs Consol Leucogranite, which has intruded the Late Permian Emmaville Volcanics and undifferentiated Early Permian sediments.

Several mine shafts were worked for the high-grade galena and silver content only, with high-grade zinc mineralisation discarded. Mineral concentration was via basic Chilean milling techniques and sluicing, with some subsequent rough flotation of galena carried out, however no attempt to recover sphalerite.

Ore mineralogy includes galena, sphalerite, marmatite, arsenopyrite, pyrite, chalcopyrite, minor bismuth, and gold. Chief minerals are generally disseminated but also high-grade “bungs” where emplacement is a combination of fracture infilling and country rock replacement. Gangue mineralogy includes quartz, chlorite and sericite with quartz occurring as veins and granular relicts.

Historical sampling shows potential for high-grade silver and zinc mineralisation at Webbs Consol, and it was reported that 12 spot samples taken from the lowest level of the main Webbs Consol shaft (“205’ Level” or 60m depth) averaged 210g/t silver, 22.6% zinc and 2.74% lead. Epithermal style mineralisation occurs in ‘en échelon’ vertical pipe like bodies at the intersection of main north-south shear and secondary northeast-southwest fractures. No leaching or secondary enrichment has been identified.

Webbs Consol Main Shaft oblique view

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North
Webbs Consol
mined stopes
Open-ended high-grade
mineralisation at 60m depth:
12 samples averaged 210g/t
Ag, 22.6% Zn and 2.74% Pb
?
? Main lode remains
Mineralised veins in open at depth
face and conductive
Drill
anomaly to north
Target
indicate potential new
?
lode along strike and
at depth ?
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Webbs Consol Main Shaft specimen showing coarse galena mineralisation

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This announcement has been approved and authorised by Lode Resource Ltd’s Managing Director, Ted Leschke.

For more information on Lode Resources and to subscribe for our regular updates, please visit our website at www.loderesources.com or email [email protected]

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Competent Person’s Statement

The information in this Report that relates to Exploration Results is based on information compiled by Mr Jason Beckton, who is a Member of the Australian Institute of Geoscientists. Mr Beckton, who is Executive Director for Lode Resources, has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Beckton has a beneficial interest as option holder and shareholder of Lode Resources Ltd and consents to the inclusion in this Report of the matters based on the information in the form and context in which it appears.

About Lode Resources (ASX:LDR)

Lode Resources is an ASX-listed explorer focused on the highly prospective but under-explored New England Fold Belt in north-eastern NSW. The Company has assembled a portfolio of brownfield precious and base metal assets characterised by:

  • 100% ownership;

  • Significant historical geochemistry and/or geophysics;

  • Under drilled and/or open-ended mineralisation; and

  • Demonstrated high-grade mineralisation and/or potential for large mineral occurrences.

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Lode’s Project Locations (blue polygons)
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Twin Hills
Mt Carrington
Gold & Silver
Gold & Silver
FMG Resources
New EL
Timbarra
Gold & Silver
Webbs Consol
Silver Webbs
Silver
Sandon
Thor Tea Tree Base Metals
Gold Gold
Uralla
Gold Hillgrove
Gold & Antinomy
Rocky River
Gold
Okapi Resources
Enmore Gold Discovery
Fender
Newmont
Copper/Zinc
Gold
----- End of picture text -----

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JORC Code, 2012 Edition - Table 1.

(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.

Diamond drilling techniques were used to
obtain samples – Webbs Consol

NQ2 core was logged and sample intervals
assigned based on the geology.

The core to be sampled was sawn in half and
bagged
according
to
sample
intervals.
Intervals range from 0.3m to 1.4m

Blanks and standards were inserted at >5%
where appropriate.

Samples were sampled by a qualified
geologist.

Sample preparation comprised drying (DRY-
21), weighed, crushing (CRU-31) and
pulverised (PUL-32), refer to ALS codes.

The assay methods used were ME-ICP61 and
Au-AA25 (refer to ALS assay codes). ME-
ICP61 (25g) is a four-acid digestion with ICP-
AES finish. Au-AA25 (30g) is a fire assay
method. High grade samples triggered further
OG62, OG46 and OG62h analysis.
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).

All drilling is Diamond drilling (core), NQ2 in
size.

Core was collected using a standard tube.

Core is orientated every run (3m) using the
truecoreMT UPIX system.
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.

Core recoveries are measured using standard
industry best practice.

Core loss is recorded in the logging.

Core recovery in the surface lithologies is
poor.

Core recovery in fresh rock is excellent with
>99% recovered from 5m downhole depth.

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Logging
Whether core and chip samples
have been geologically and
geotechnically logged to a level
of detail to support appropriate
Mineral
Resource estimation,
mining studies and metallurgical
studies.

Holes are logged to a level of detail that would
support mineral resource estimation.

Qualitative logging includes lithology,
alteration, texture, colour and structures.

Quantitative logging includes sulphide and
gangue mineral percentages.

All drill holes have been logged in full.

All drill core was photographed wet and dry -
Webbs
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.

Core was prepared using standard industry
best practice.

The core was sawn in half using a diamond
core saw and half core was sent to ALS
Brisbane for assay.

No duplicate sampling has been conducted.

Samples intervals ranged from 0.3m to 1.4m.
The average sample size was 1m in length.
The sample size is considered appropriate for
the material being sampled.

The samples were sent to ALS Brisbane for
assay.

Blanks and standards were inserted at >5%
where appropriate.
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 standards, blanks,
duplicates, external laboratory
checks) and whether acceptable
levels of accuracy (ie lack of bias)
and precision
have been established.

Samples were stored in a secure location and
transported to the ALS laboratory in Brisbane
QLD via a certified courier. Sample
preparation comprised drying (DRY-21),
weighed, crushing (CRU-31) and pulverised
(PUL-32).

The assay methods used will be ME-ICP61
and Au-AA25 (refer to ALS assay codes).
ME-ICP61 (25g) is a four-acid digestion with
ICP-AES finish. Au-AA25 (30g) is a fire assay
method.

Certified standards and blanks were inserted
at a rate of >5% at the appropriate locations.
These are checked when assay results are
received to make sure they fall within the
accepted limits.

The assay methods employed are considered
appropriate for near total digestion.
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.

Laboratory results have been reviewed by the
Managing Director.

Significant intersections are reviewed by the
Managing Director.

No twin holes were drilled.

Commercial laboratory certificates are
supplied by ALS.

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Discuss any adjustment to assay data.

The certified standards and blanks are
checked.

The duplicate samples are checked.
Location of data
points


Accuracy and quality of surveys used
to locate drill holes (collar and down-
hole surveys), trenches, mine
workings and other locations used in
Mineral Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic
control.

Drill hole collar locations were recorded using
RTK GPS (+/- 20mm).

Grid system used is GDA94 UTM zone 56

Down hole surveys are conducted with a
digital magnetic multi-shot camera at 30m
intervals once the drill rods were removed from
the hole (open hole).
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
beenapplied.

The holes drilled were for exploration purposes
and were not drilled on a grid pattern.

Drill hole spacing is considered appropriate for
exploration purposes.

The data spacing, distribution and geological
understanding is not currently sufficient for the
estimation of mineral resource estimation.

No sample compositing has been applied.
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.

Drill holes are orientated perpendicular to the
perceived strike where possible however given
the pipe like nature of the Webbs Consol
mineralised lodes this often is a moot point.

The orientation of drilling relative to key
mineralised structures is not considered likely
to introduce sampling bias.

The orientation of sampling is considered
appropriate for the current geological
interpretation of the mineral style.

The orientation of the mineralisation
intersected in at Webbs Consol is generally
thought to be N-S however given the pipe like
nature of the Webbs Consol mineralise lodes
this often is a moot point.
Sample security
The measures taken to ensure
sample security.

Samples have been overseen by the Project
Manager during transport from site to the
assay laboratories.
Audits or
reviews

The results of any audits or reviews
of sampling techniques and data.

No audits or reviews have been carried out at
this point.

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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 sampling was conducted on EL8933.

EL8933 is 100% held by Lode Resources Ltd.

Native title does not exist over EL8933.

All leases/tenements are in good standing.
Exploration
done by
other parties

Acknowledgment and appraisal of
exploration by other parties.

Limited historic rock and soil sampling.
Geology
Deposit type, geological setting and
style of mineralisation.

EL8933 falls within the southern portion of the
New England Orogen (NEO). EL8933 hosts
numerous base metal occurrences. The
Webbs Consol mineralisation is likely intrusion
related and hosted within the Webbs Consol
Leucogranite and, to a lesser extent, the
Emmaville Volcanics.
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, including, easting and
northing, elevation or RL, dip and
azimuth, down hole length, interception
depth and hole length.

If the exclusion of this information is
justified the Competent Person should
clearly explain why this is the
case.

See table below.

The orientation of the mineralisation intersected
is thought to be N-S.

Detailed structure and mineralization boundary
observations and interpretations are generally
not possible with RC drill sample returns and
wide drill spacing so at this stage True Widths
cannot be estimated.

Only drill assays from meaningful mineralised
intercepts are tabulated below. A meaningful
intercept is generally determined as being a
series of consecutive assays grading >1g/t Ag,
>0.1% Zn, >0.1% Pb, >0.1% Cu and/or >0.1
ppm Au.

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Webbs Consol Drill Hole Collar and Survey Information*

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Drill Hole Assays - WCS083

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WCS083 103.3 104 0.7 98 98 7.01 6.27 1.12 D05023
WCS083 104 105 1 11 0.76 0.86 0.07 D05026

Drill Hole Assays - WCS084

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Drill Hole Assays - WCS087

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Drill Hole Assays - WCS091

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Drill Hole Assays - WCS092

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*Detailed structure and mineralization boundary observations and interpretations are generally not possible with RC drill sample returns and wide
diamond drill spacing so at this stage True Widths cannot be estimated.
*Detailed structure and mineralization boundary observations and interpretations are generally not possible with RC drill sample returns and wide
diamond drill spacing so at this stage True Widths cannot be estimated.
*Detailed structure and mineralization boundary observations and interpretations are generally not possible with RC drill sample returns and wide
diamond drill spacing so at this stage True Widths cannot be estimated.
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.

Intersection calculation are weighted to sample
length.

No grade capping has been applied.

The assumptions used for reporting of metal
equivalent values and the metal equivalent
formula are clearly stated below
1Since the commencement of drilling at Webbs Consol Silver Project it was deemed that silver was the appropriate metal for equivalent calculations as silver
is the most common metal to all mineralisation zones. This is still the case however zinc is becoming increasing dominant with depth and therefore LDR has
decided to calculated both silver and zinc equivalent grades to demonstrate overall grades. Webbs Consol silver and zinc equivalent grades are based on
_assumptions: AgEq(g/t)=Ag(g/t)+32.3Zn(%)+27.5Pb(%)+107Cu(%)+87.1Au(g/t) & ZnEq(g/t)=0.031Ag(g/t)+Zn(%)+0.850Pb(%)+0.2.694Cu(%)+2.57Au(g/t)_
calculated from 12 February 2024 (previously 29 August 2022) spot metal prices of US$22.7/oz silver, US$2325/t zinc, US$2060/t lead, US$8100/t copper,
US$2020/oz gold and metallurgical recoveries of 97.3% silver, 98.7%, zinc, 94.7% lead, 76.3% copper and 90.8% gold which is the 4th stage rougher cumulative
recoveries in test work commissioned by Lode and reported in LDR announcement 14 December 2021 titled “High Metal Recoveries in Preliminary Flotation
Test work on Webbs Consol Mineralisation”. It is Lode’s opinion that all the elements included in the metal equivalents calculation have a reasonable potential
to be recovered and sold.
AgEq1(g/t) = Ag (g/t)
+ Pb (%) x
Price 1 Pb (%) x Pb Recovery (%)
+ Zn (%) x
Price 1 Zn (%) x Zn Recovery (%)
Price 1 Ag (g/t) x Ag Recovery (%)
Price 1 Ag (g/t) x Ag Recovery (%)
+ Cu (%) x
Price 1 Cu (%) x Cu Recovery (%)
+ Au(g/t) x
Price 1 Au (g/t) x Au Recovery (%)
Price 1 Ag (g/t) x Ag Recovery (%)
Price 1 Ag (g/t) x Ag Recovery (%)
ZnEq1(g/t) = Zn (%)
+ Pb (%) x
Price 1 Pb (%) x Pb Recovery (%)
+ Ag g/t) x
Price 1 Ag (g/t) x Ag Recovery (%)
Price 1 Zn (%) x Zn Recovery (%)
Price 1 Zn (%) x Zn Recovery (%)
+ Cu (%) x
Price 1 Cu (%) x Cu Recovery (%)
+ Au(g/t) x
Price 1 Au (g/t) x Au Recovery (%)
Price 1 Zn (%) x Zn Recovery (%)
Price 1 Zn (%) x Zn Recovery (%)
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 (eg
‘down hole length, true width not
known’).

The orientation of the mineralisation intersected
in WCS070 to WCS074 is thought to be N-S.
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
plans and sections.

Refer to plans and sections within report

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