ORA BANDA MINING LTD — Capital/Financing Update 2016

Jul 27, 2016

28 July 2016

ASX ANNOUNCEMENT

INITIAL DIAMOND DRILLING INTERSECTS SIGNIFICANT MINERALISATION AT CALLION

HIGHLIGHTS

• Encouraging gold results have been received from initial diamond drilling at Callion

• The results confirm the presence of significant mineralisation at the lowest level of the existing workings within the south plunging “Main lode” (ML) shoot.

• Significant mineralisation also intersected in Hanging Wall lode (HWL) located to the west of ML

BOARD OF DIRECTORS

Mr Michael Fotios Executive Chairman

Mr Craig Readhead Non-Executive Director

Mr Alan Still Non-Executive Director

Ms Shannon Coates Company Secretary

ISSUED CAPITAL

Shares: 489m Options: 50m Current Share Price: $0.48 Market Capitalisation: $234.97m Cash as at 31/3/2016: $19.6m

• Significant new drilling results include:

• o 7.65m @ 9.35g/t Au from 232.05m including 2.45m @ 20.67g/t and ML 2.90m @ 6.35g/t

• o 0.30m @ 19.97g/t Au from 191.75m HWL o 0.45m @ 8.78g/t Au from 250.45m HWL

Eastern Goldfields Limited (ASX:EGS) ( Eastern Goldfields or the Company ) is pleased to announce that exploration drilling at the Callion Deposit has intersected strong zones of alteration and mineralisation at depth.

The Callion Deposit is 12 kilometres south-west of the Davyhurst processing plant (Figure 1). Preliminary underground mine evaluation works, based on the historical record, have resulted in a focussed exploration effort at Callion, and the early success demonstrated by this initial programme will result in the continued advancement of this project with the aim of defining the next underground mining event. Significant potential remains untested to the south and down plunge of the known drilling.

Historically the deposit has been a significant past producer with production totals in excess of 280,000 tonnes @ 10.2g/t for approximately 92,000 ounces. The deposit was mined via both open pit and underground methods. In the past year, significant time was spent on historical data compilation of open grade control drilling and underground mining records including mine survey, geological and structural mapping, gold assay sampling and resource and reserve estimate plans. All historical hard copy information is now digitally captured and spatially located. This data set provided the basis of establishing an Exploration Target of 350-450,000 tonnes @ 10-14g/t, as previously released ( See ASX release, 28 January 2016.)

Note: The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Refer to “Appendix 2: Callion Exploration Target – Additional Information” for further information.

Announcement 28 July 2016

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Much of the historic drilling has focused on delineating the mineralisation from an open-cut perspective with very little drilling to test mineralisation at depth. The latest drilling comprised two RC holes testing the strike extents to the south of the existing pit, and two diamond holes testing the deeper mineralisation.

Executive Chairman Michael Fotios said:

“Drilling has confirmed the location and tenor of the underground mineralisation at Callion. Further drilling is required to define the shoot extents to the south and down plunge. The historical mine grades have us excited about the development potential of Callion.”

Callion mineralisation are structurally controlled zones with a moderate to potentially shallow southerly plunge (Figure 2).

Recent RC drilling to the south of the existing pit was designed to test whether the high grade shoot persists further south than originally thought. Both holes intersected the quartz vein structure with moderate to low gold grades. Diamond hole CNDD004 was designed to intersect the shoot within a remnant pillar in order to verify the widths and grades noted on historical mine plans. The hole successfully intersected the mineralised structure (see below image and Figure 2). Diamond hole CNDD011 was designed to test the structure below the extents of the interpreted shoot position. This hole failed to intersect the structure with similar amounts of quartz fill, alteration and mineralisation seen in CNDD004. Both diamond holes intersected narrow high grade mineralisation in the hanging-wall.

The Company geologists believe the plunge of the shoot could be flatter than previously thought and this will be tested in the next drill program. A flatter plunge would potentially result in greater ounces per vertical metre, thereby enhancing the potential outcomes of any future economic evaluation.

Additional diamond drilling is required to develop the mineralisation model and specifically the controls on the shoot development.

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CNDD004 – Callion mineralised structure - quartz fill with chlorite, biotite & carbonate alteration

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Figure 1: Project Location Plan

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Figure 2: Callion Long Section, looking west, showing underground infrastructure, south plunging exploration target and recent drill intercepts

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Figure 3 – Callion plan view showing drill hole locations and open pit

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Announcement 28 July 2016
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Figure 4. Callion Cross section 6665360mN, looking NNW showing recent drill results

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Investor Enquiries

Michael Fotios

Michael Jardine

Executive Chairman General Manager Corporate & Investor Relations T: +61 8 6241 1888 T: +61 424 615 047 E : admin@easterngoldfields.com.au E : Michael.jardine@deltaman.com.au

Competent Person Statement

The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Mr Michael Thomson, an employee of Eastern Goldfields Limited, who is Member of the Australian Institute of Mining and Metallurgy. Mr Thomson 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 Thomson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Forward Looking Statements

Eastern Goldfields Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Eastern Goldfields Limited, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it. This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.

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Appendix 1: Significant Intersections Table

Hole	MGA Northing	MGA Easting	RL	Azimut h	Dip	Max Depth	From	To	Interval (m)	Grade (g/t)	Company
CNRC091	6665399	267251		259	-60	90	78	80	2.00	1.15	EGS
CNRC092	6665344	267277		259	-60	96	71	72	1.00	1.35	EGS
CNDD004	6665342	267262		259	-60	270.1	191.75	192.05	0.30	19.97	EGS
							232.05	239.70	7.65	9.35
						including	232.05	234.50	2.45	20.67
						and	236.80	239.70	2.90	6.35
CNDD011	6665489	267402	474	259	-60	389	250.45	250.90	0.45	8.78	EGS
DDHCS1	6665763	267352	485	260	-60	341.7	327.0	327.90	0.90	6.30	Lubbock
DDHCS1W1	6665763	267352	485	260	-60	349	336.7	337.0	0.30	3.30	Lubbock
DDHCS2	6665779	267435	485	260	-60	437	185.0	186.0	1.00	4.50	Lubbock
						and	433.8	434.0	0.20	7.50
DDHCS3	6665670	267447	485	260	-60	436	NSI				Lubbock
CS4	6665282	267517	485	260	-60	384.9	372.6	372.9	0.32	2.50	Lubbock
CS5	6665187	267553	485	260	-60	443.9	405	405.7	0.71	9.00	Lubbock
CS6	6665123	267638	485	260	-60	555.8	NSI				Lubbock
CS6W1	6665123	267638	485	260	-60	530	457.1	467.6	10.50	17.20	Lubbock

No upper cut applied, Significant intersections greater than 1g/t, 2m maximum internal waste, Current drilling - 50g Fire assay with AAS finish on half diamond core, Coordinates in MGA94 zone 51

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Appendix 2: Callion Exploration Target – Additional Information

Basis for the Callion Exploration Target:

The Exploration Targets were calculated using historic data that was collated by Eastern Goldfields Limited. The data consisted principally of channel sample assays and ore thicknesses and RC and diamond drill intersections. Lubbock compiled these data into mine blocks with associated grades and tonnages. Historical survey, geology and assay records were used to create a 3-dimensional model of the underground workings. The channel samples were collected across the width of the drive and/or stope face, generally perpendicular to the strike of the structure that controls mineralisation. Sample and assay methods of underground channel samples is unknown. RC drill sample were collected at 1m intervals and diamond core was cut to geological intervals. Assay methods of drillhole samples was by aqua regia or fire assay using accredited laboratories. In total, there are 1608 stope samples, 947 face samples and 13 drill hole samples used within the area of calculated Exploration Target.

Techniques for Calculating the Grade and Tonnage Ranges for the Callion Exploration Target:

Hard copy survey and geology plans and long sections were digitised and registered in 3-dimensional space. A 3-dimensional model of the ore zones was constructed from the registered plans and drillhole data. Gold assay grades and widths were digitised from the plans. Due to the narrow and variable width of the orebody the estimation was based on an accumulation method. The accumulation varible (GramMetres = Width*Au Grade) and the Width were estimated (Ordinary Kriging) into a block model. The grade was back-calculated by dividing the estimated GramMetres by the estimated Width. A specific gravity of 2.7 t/m3 for fresh rock was applied based on 22 core samples.

Planned Exploration work:

In the short term (2016) Eastern Goldfields Limited plans to continue drilling to evaluate the geology, grade and width of the target. Drilling will target remnant pillars and areas below current mining depths. Samples will be submitted to accredited laboratories for gold assay with a full suite of QAQC samples (blanks, standards and field duplicates). If this drill program is deemed successful a geological and resource model will be produced. The resource model will be classified as inferred/indicated as deemed appropriate.

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JORC CODE, 2012 EDITION – TABLE 1 REPORT TEMPLATE

Section 1 Sampling Techniques and Data

Information for historical (Pre Eastern Goldfields Limited from 1996 and 2001) drilling and sampling has been extensively viewed and validated where possible. Information pertaining to historical QAQC procedures and data is incomplete but of a sufficient quality and detail to allow drilling and assay data to be used for resource estimations. Further, Eastern Goldfields Limited has undertaken extensive infill and confirmation drilling which confirm historical drill results. Sections 1 and 2 describe the work undertaken by Eastern Goldfields Limited and only refer to historical information where appropriate and/or available.

(Criteria in this section apply to all succeeding sections.)

Criteria	**JORC Code explanation **	**JORC Code explanation **	Commentary	Commentary
Sampling	•	Nature and quality of sampling (eg cut channels,	•	METALLGESELLSCHAFT - 1m RC drilling with composite samples of
techniques		random chips, or specific specialised industry		2m in length and 1m in areas of quartz veining or areas of interest
		standard measurement tools appropriate to the		were by AAS or fire assay at Comlabs.
		minerals under investigation, such as down hole		RAB assay methods unknown Diamond drilling details unknown but
		gamma sondes, or handheld XRF instruments, etc).		were assayed using Fire Assay
	•	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.	•	EGL DD – Half core samples, cut by saw. Samples intervals selected by geologist and defined by geological boundaries. Minimum sample length is 0.3m, maximum 1.5m. Samples are crushed, pulverized and a 40g charge is analysed by Fire Assay.
	•	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.
Drilling	•	Drill type (eg core, reverse circulation, open-hole	•	METALLGESELLSCHAFT - RAB, RC and Diamond details of which are
techniques		hammer, rotary air blast, auger, Bangka, sonic, etc)		unknown for all types. Diamond drilling included tails and wedges
		and details (eg core diameter, triple or standard tube,	•	EGL DD - HQ3 through incompetent/oxidised ground, then NQ2 to
		depth of diamond tails, face-sampling bit or other		BOH. All core oriented using camteq instrument.
		type, whether core is oriented and if so, by what
		_method, etc). _
Drill sample	•	Method of recording and assessing core and chip	•	Historic operators have not captured recovery data. However,
recovery		sample recoveries and results assessed.		mention is made of minor core loss (10cm) in hole CS4. A wedge
	•	Measures taken to maximise sample recovery and		was drilled to achieve full recovery in the ore zone.
	•	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.	• •	EGL – Core is measured by tape, comparing back to down hole core blocks, consistent with industry practice. Recoveries are recorded as a percentage calculated from measured core verses drilled intervals. Core recoveries were good. There is no known relationship between sample recovery and grade.
Logging	•	Whether core and chip samples have been	•	Lubbock – Qualitative logging, noting lithology, veining, alteration
		geologically and geotechnically logged to a level of		and sulphides.
		detail to support appropriate Mineral Resource	•	EGL - Core logging is completed by Company Geologists who log
		estimation, mining studies and metallurgical studies.		lithology, alteration, mineralization and structure to industry
	•	Whether logging is qualitative or quantitative in		standards. Logging is qualitative, estimates are made of sulphide
		nature. Core (or costean, channel, etc) photography.		and alteration percentages.
	•	The total length and percentage of the relevant	•	Entire holes are logged.
		intersections logged.
Sub-	•	If core, whether cut or sawn and whether quarter,	•	Lubbock
sampling		half or all core taken.	•	EGL DD – Core was sawn and half core sampled. Sample intervals are
techniques and sample preparation	• •	If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and		defined by a qualified geologist to honour geological boundaries. All mineralised zones are sampled, in addition to barren core either side
		appropriateness of the samplepreparation technique.

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Criteria	**JORC Code explanation **	**JORC Code explanation **	Commentary	Commentary
	•	Quality control procedures adopted for all sub-		of mineralised zones. Following drying to constant mass, all samples
		sampling stages to maximise representivity of		are totally pulverised to nominally 90% passing a 75µm screen.
		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.
Quality of	•	The nature, quality and appropriateness of the	•	Lubbock
assay data		assaying and laboratory procedures used and	•	EGL DD – samples sent to Bureau Veritas laboratory in Kalgoorlie.
and laboratory tests	•	whether the technique is considered partial or total. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining		The samples have been analysed by firing a 40 gm (approx) portion of the sample. Lower sample weights may be employed for samples with very high sulphide and metal contents. This is the classical fire
		the analysis including instrument make and model,		assay process and will give total separation of gold. An AAS finish is
		reading times, calibrations factors applied and their		used. Commercially prepared standard samples and blanks are
		derivation, etc.		inserted in the sample stream at a rate of 1:10. Sizing results
	•	Nature of quality control procedures adopted (eg		(percentage of pulverised sample passing a 75μm mesh) are
		standards, blanks, duplicates, external laboratory		undertaken on approximately 1 in 40 samples. The accuracy
		checks) and whether acceptable levels of accuracy (ie		(standards) and precision (repeats) of assaying are acceptable.
		lack of bias) and precision have been established.
Verification	•	The verification of significant intersections by either	•	EGL geologists have not viewed significant intersections from
of sampling		independent or alternative company personnel.		historic drilling.
and assaying	• •	The use of twinned holes. Documentation of primary data, data entry	• •	Holes have not been planned to specifically twin historic intercepts. Geological and sample data logged directly into field computer at
		procedures, data verification, data storage (physical		the core yard using Field Marshall. Data is transferred to Perth via
		and electronic) protocols.		email and imported into Geobank SQL database by the database
	•	Discuss any adjustment to assay data.		administrator (DBA). Assay files are received in .csv format and
				loaded directly into the database by the DBA. Hardcopy and/or
				digital copies of data are kept for reference if necessary.
			•	No adjustments are made to any assay data. First gold assay is
				utilised for anyreporting.
Location of	•	Accuracy and quality of surveys used to locate drill	•	Lubbock -
data points		holes (collar and down-hole surveys), trenches, mine	•	EGL DD - Drill hole collar positions are picked up using a Trimble
		workings and other locations used in Mineral		DGPS subsequent to drilling. Down hole surveys taken every 30m
		Resource estimation.		using a reflex instrument.
	•	Specification of the grid system used.	•	Topography controlled by Callion mine surveyors, pit and surrounds
	•	Quality and adequacy of topographic control.		last surveyed in 2005 at end of last mining episode.
Data	•	Data spacing for reporting of Exploration Results.	•	Data spacing from current and historic deep diamond drilling is
spacing	•	Whether the data spacing and distribution is		sufficient to establish geological continuity up and down dip and
and distribution		sufficient to establish the degree of geological and grade continuity appropriate for the Mineral	•	along strike. Data spacing is insufficient for resource estimation. Sample compositing has not been applied and will only be applied at
		Resource and Ore Reserve estimation procedure(s)		the resource estimation stage.
		and classifications applied.
	•	Whether sample compositing has been applied.
Orientation	•	Whether the orientation of sampling achieves	•	The orientation of the ore body is north-north-west striking and
of data in		unbiased sampling of possible structures and the		steep west dipping. Drill holes are drilled at -60 to 070o
relation to		extent to which this is known, considering the deposit		perpendicular to the mineralised trend.
geological structure	•	type. If the relationship between the drilling orientation	•	It is unknown but unlikely that the drilling orientation biases the sampling.
		and the orientation of key mineralised structures is
		considered to have introduced a sampling bias, this
		should be assessed and reported if material.
Sample	•	The measures taken to ensure sample security.	•	Unknown for earlier operators.
security			•	EGL – Samples are bagged, tied and in a secure yard. Once
				submitted to the laboratories they are stored in cages within a
				secure fenced compound. Samples are tracked through the
				laboratoryvia their LIMS.
Audits or	•	The results of any audits or reviews of sampling	•	No audits of sampling techniques and data has been done.
reviews		techniques and data.

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Section 2 Reporting of Exploration Results

Section 2 Reporting of Exploration Results	Section 2 Reporting of Exploration Results	Section 2 Reporting of Exploration Results
(Criteria listed in theprecedingsection also applyto this section.)
Criteria	**JORC Code explanation **		Commentary
Mineral	•	Type, reference name/number, location and	•	Callion deposit is on Tenement M30/103, held by Carnegie Gold Pty.
tenement and		ownership including agreements or material		Ltd., a wholly owned subsidiary of Eastern goldfields Ltd. The
land tenure		issues with third parties such as joint ventures,		tenement is in good standing.
status		partnerships, overriding royalties, native title	•	There are no heritage issues.
		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.
Exploration	•	Acknowledgment and appraisal of exploration	•	Gold was discovered at Callion in about 1895. Mining took place
done by other		by other parties.		between 1899 and 1911 by three public listed companies. Western
parties				mining re-opened the mine in 1938 and continued until 1956.
				Lubbock re-opened the mine in 1988, and established open pit
				mining. Exploration drilling started in the early 1980’s and continued
				through to the mind 2000’s, when the project was held by Croesus
				mining. Little work has taken place at the deposit since then.
				Assessment of work practised by previous companies has been
				completed and practises were considered to be “industry standard”
				of the time.
Geology	•	Deposit type, geological setting and style of	•	Callion deposit is within a 1500m thick sequence of basalt that
		mineralisation.		displays pillow structures, amygdules, and rare variolitic flows.
				Intruded into the basalt is ~1000m of dolerite spread over two dozen
				discrete sills ranging from 20m to 200m thick. The intrusions are
				generally conformable with the Lady Mary Sill to the west, although
				the dolerite intrusions do strike N-S along the eastern side of the
				mapped area. West of Callion the stratigraphy dips on average at 45o
				to the east and becomes steeper towards the east. Strain in the
				Callion-Glasson area is strongly heterogenous, being confined into
				narrow shear zones, leaving nearby country rock relatively
				undeformed. Underground observations show quartz veining is often
				drag folded and can reach up to 10m in width Geology mapping of
				ore drives by WMC in the 1950’s shows asymmetric drag folding and
				isoclinal folding. The plunge of fold axes is dominantly to the south
				and varies from 20oto 70o, averaging 42o. There is a strong shoot
				control on the mineralisation, the shoot plunging at 35oto 45o
				towards the south.
			•	Within the underground mine the orebody consists of a quartz vein
				that varies considerably in width within a shear zone. The quartz vein
				has considerable strike length and is observed in outcrop mapping
				over 200m to the south of Callion pit. To date mining concentrated
				on the footwall (west) reef, though subsidiary quartz veins occur in
				the immediate hanging and footwall rocks of the main ore body.
				Gold occurs mainly within the quartz reef associated with sulphides.
				Annotation of geology plans by WMC suggest the country rock,
				where strongly sheared is also mineralised. The dominant sulphides
				are pyrite with lesser chalcopyrite and pyrrhotite. From past records
				there is a good correlation between sulphide content and gold
				grades.
Drill hole	•	A summary of all information material to the	•	Too many holes to practically list the complete dataset. Hole
Information		understanding of the exploration results		locations for historic drilling can be seen on the plan.
		including a tabulation of the following	•	Information on selected diamond drilling shown on the long section
		information for all Material drill holes:		is presented in the table of significant intercepts.
		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.

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Criteria	**JORC Code explanation **	**JORC Code explanation **	Commentary	Commentary
Data	•	In reporting Exploration Results, weighting	•	Original assays are used. No upper cut applied. Significant
aggregation		averaging techniques, maximum and/or		intersections are length weighted, greater than 1g/t, 2m maximum
methods		minimum grade truncations (eg cutting of high		internal waste.
		grades) and cut-off grades are usually Material	•	No metal equivalents reported.
		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.
Relationship	•	These relationships are particularly important	•	Intercept widths are down hole lengths. Exact geometry of the
between		in the reporting of Exploration Results.		mineralisation in relation to the drill orientation is unknown for
mineralisation widths and intercept lengths	• •	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		historic holes as the strike and dip of the structure at depth is variable. True widths not reported.
		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)	•	See plans and sections.
		and tabulations of intercepts should be
		included for any significant discovery being
		reported These should include, but not be
		limited to a plan view of drill hole collar
		locations and appropriate sectional views.
Balanced	•	Where comprehensive reporting of all	•	Results from all holes in the current drilling have been reported.
reporting		Exploration Results is not practicable,	•	All results from historic deep diamond drilling have been reported.
		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	•	Review and compilation of historic mining plans.
substantive		material, should be reported including (but not
exploration data		limited to): geological observations;
		geophysical survey results; geochemical survey
		results; bulk samples – size and method of
		treatment; metallurgical test results; bulk
		density, groundwater, geotechnical and rock
		characteristics; potential deleterious or
		contaminating substances.
Further work	•	The nature and scale of planned further work	•	Data review and additional drilling to test down-plunge extents of
		(eg tests for lateral extensions or depth		the mineralised shoot.
		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.

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