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ORA BANDA MINING LTD Capital/Financing Update 2021

Jun 27, 2021

65475_rns_2021-06-27_083f934c-9ba7-4f71-bc94-7e475d657862.pdf

Capital/Financing Update

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ASX Announcement (ASX: OBM)

28 June 2021

Initial Drilling Confirms Iguana Resource Potential Phase 1 Resource Definition Drilling Complete

HIGHLIGHTS:

Ø Assay results returned from Iguana to date include:

o 9.0m @ 7.6 g/t from 181m(Including 7.0m @ 9.6 g/t)
o 30.0m @ 2.2 g/t from 31m(Including 23.0m @ 2.7 g/t)
o 21.0m @ 3.2 g/t from 69m(Including 1.0m @ 41.3 g/t & 7.0m @ 3.5 g/t)
o 32.0m @ 2.0 g/t from 35m(Including 13.0m @ 3.1 g/t)
o 11.0m @ 5.0 g/t from 196m(Including 3.0m @ 16.1 g/t)
o 10.0m @ 4.4 g/t from 164m
o 10.0m @ 4.0 g/t from 72m(Including 8.0m @ 4.8 g/t)
o 8.0m @ 4.8 g/t from 44m(Including 5.0m @ 7.3 g/t)
o 8.0m @ 4.5 g/t from 69m(Including 2.0m @ 16.24 g/t)
o 10.0m @ 3.3 g/t from 136m
o 4.0m @ 7.9 g/t from 68m
o 12.0m @ 2.6 g/t from 28m(Including 8.0m @ 3.4 g/t)
o 4.0m @ 7.6 g/t from 84m
o 6.0m @ 5.1 g/t from 32m(Including 2.0m @ 14.2 g/t)
o 23.0m @ 1.2 g/t from 124m
o 2.0m @ 13.6 g/t from 136m
o 4.0m @ 6.2 g/t from 38m(Including 2.0m @ 11.9 g/t)
o 15.0m @ 1.6 g/t from 27m(Including 3.0m @ 3.6 g/t)
o 10.0m @ 2.2 g/t from 123m(Including 2.0m @ 8.1 g/t)
o 5.0m @ 4.1 g/t from 70m(Including 2.0m @ 9.7 g/t)

Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to announce initial assay results from an infill drilling program that commenced at Iguana in April 2021. A total of 27 reverse circulation holes were completed for 3,750 metres.

The Iguana infill and extensional drilling program is aimed at upgrading and expanding the current mineral resource of 2,722,000 tonnes @ 2.0 g/t for 175,000 ounces as part of a larger development plan for this deposit. Current Inferred material will be upgraded to Indicated, allowing work to commence on the creation of an Ore Reserve to extend the existing Davyhurst Project mine life.

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CEO Comment

Ora Banda CEO, Peter Nicholson said: “The strong initial drilling results indicate that our development plans for the Iguana deposit are on the right track. This is a large deposit that has the potential to deliver higher grade ore to our 1.2mtpa Davyhurst processing plant. We have more work scheduled at Iguana and remain excited to see what the next round of drilling delivers to allow us to move forward with assessing the potential for material mine life extension via this deposit.”

The initial Iguana infill drilling program targeted the immediate resource area that is approximately 750 metres long (north-south), 300 metres wide (east-west) and has a depth of approximately 120 metres. The bulk of the drilling was conducted inside the A$2,100 optimised resource constraint shell.

The recently completed Phase one drilling program is the first phase in a larger 69 hole, 10,400 metre program. The program includes Phase 1 of 3,750 metres (complete), 500 metres of diamond core drilling in Phase 2, and a further 6,150 metres of reverse circulation in Phase 3.

PROJECT Cut-Off ('000t)
(g/t Au)
MEASURED		 ('000t)
(g/t Au)
MEASURED		 INDICATED INDICATED INFERRED INFERRED ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL		 ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL		 ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL
(g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au)
IGUANA 1.0 - - 690 2.1 2,032 2.0 2,722 2.0 175
LIZARD 1.0 106 4 75 3.7 13 2.8 194 3.8 24
Lady Ida Subtotal 106 4.0 765 2.3 2,045 2.0 2,916 2.1
199

About the Iguana Deposit

The Iguana prospect is located approximately 55km south of the Davyhurst Processing Plant within the Lady Ida Project area. The area was actively explored by Delta Gold in the 1990’s with open pit mining operations centred on the Iguana, Lizard and Blue Tongue deposits occurring between February 2000 to August 2001.

Iguana sits within the Lady Ida Project Area which hosts two mineral resources, namely the Iguana and Lizard deposits. Approximately 75% of the Iguana JORC 2004 resource ounces sit in an “Inferred” category. The intention of the current and future planned drilling programs is to upgrade both the resource classification and the JORC status of the Iguana deposit. Open pit mine evaluation work remains ongoing. Initial baseline environmental studies required for statutory mining approvals have commenced.

Previous mining at Iguana primarily targeted laterite resources, leaving the primary mineralisation largely intact. A small bedrock trial pit (Jamaican Rock) was also developed. Total recorded production is 39,000 oz, consisting of:

  • Laterite Pit – 348,500t @ 3.16 g/t Au for 35,500 oz.

  • Jamaican Rock – 52,500t @ 2.09 g/t Au for 3,600 oz

The Lady Ida area was initially targeted for gold in the late 1980s due to the presence of the Ida Fault, a major north-south crustal scale feature. The Ida Fault is a north-south trending deep seated crustal structure juxtaposing batholithic granites of the Southern Cross Province to the west, against greenstones of the Eastern Goldfields Province (EGP). The EGP sequences are metamorphosed to amphibolite facies and dominated by tholeiitic to komatiitic metabasalts. The regional stratigraphic trend is NNW, sub parallel to the Ida Fault, and regional dip is sub-vertical.

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This announcement was authorised for release to the ASX by David Quinlivan, Managing Director. For further information about Ora Banda Mining Ltd and its projects please visit the Company’s website at www.orabandamining.com.au.

Investor & Media Queries: David Quinlivan Peter Nicholson Managing Director Chief Executive Officer +61 8 6365 4548 +61 8 6365 4548 [email protected] [email protected]

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==> picture [457 x 656] intentionally omitted <==

Figure 1 – Iguana Location Plan

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==> picture [458 x 656] intentionally omitted <==

Figure 2 – Iguana drill hole location plan with significant intercepts

- For additional details of historical Iguana drilling refer OBM website; https://www.orabandamining.com.au/technical data/Lady Ida Exploration

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==> picture [449 x 386] intentionally omitted <==

Figure 3 – Iguana Mineral Resource wireframes showing A$2,100 constraint shell

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==> picture [624 x 423] intentionally omitted <==

Figure 4 – Iguana cross section looking North

==> picture [453 x 17] intentionally omitted <==

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Appendix 1

Mineral Resource Table

PROJECT Cut-Off ('000t)
(g/t Au)
MEASURED		 ('000t)
(g/t Au)
MEASURED		 INDICATED INDICATED INFERRED INFERRED ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL		 ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL		 ('000t)
(g/t Au)
('000oz.)
TOTAL MATERIAL
(g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au)
GOLDEN EAGLE 2.0 - - 247 4.1 146 3.4 393 3.9 49
LIGHTS OF ISRAEL 3.0 - - 74 4.3 180 4.2 254 4.2 34
MAKAI SHOOT 1.0 - - 1,985 2.0 153 1.7 2,138 2.0 137
Open Pit 0.5 - - 1,948 2.4 131 2.9 2,079 2.4 159
WAIHI Underground 2.0 - - 188 3.7 195 4.0 383 3.8 47
TOTAL - - 2,136 2.5 326 3.5 2,462 2.6 206
Central Davyhurst Subtotal - - 4,442 2.4 805 3.3 5,247 2.5
427
LADY GLADYS 1.0 - - 1,858 1.9 190 2.4 2,048 1.9 125
Open Pit 0.5 116 1.8 2,694 1.8 183 3.0 2,993 1.9 183
RIVERINA AREA Underground 2.0 - - 226 5.7 502 6.1 728 5.9 139
TOTAL 116 1.8 2,920 2.1 685 5.3 3,721 2.7 322
Open Pit 0.5 523 1.8 523 1.8 30
RIVERINA SOUTH Underground 2.0 122 3.3 122 3.3 13
TOTAL 645 2.1 645 2.1 43
FOREHAND 1.0 - - 386 1.7 436 1.9 822 1.8 48
SILVER TONGUE 1.0 - - 155 2.7 19 1.3 174 2.5 14
SUNRAYSIA 1.0 - - 175 2.1 318 2.0 493 2.0 32
Riverina-Mulline Subtotal 116 1.8 5,494 2.0 2,293 3.0 7,903 2.3
583
Open Pit 0.5 - - 1,252 3.4 128 3.3 1,380 3.4 150
SAND KING Underground 2.0 - - 438 3.7 698 3.8 1,136 3.7 136
TOTAL - - 1,690 3.5 826 3.7 2,516 3.5 286
Open Pit 0.5 - - 1,460 3.4 17 3.5 1,477 3.4 160
MISSOURI Underground 2.0 - - 364 3.4 258 3.4 622 3.4 68
TOTAL - - 1,824 3.4 275 3.4 2,099 3.4 227
PALMERSTON / CAMPERDOWN 1.0 - - 118 2.3 174 2.4 292 2.4 23
BEWICK MOREING 1.0 - - - - 50 2.3 50 2.3 4
BLACK RABBIT 1.0 - - - - 434 3.5 434 3.5 49
THIEL WELL 1.0 - - - - 18 6.0 18 6.0 3
Siberia Subtotal - - 3,632 3.4 1,777 3.5 5,409 3.4
592
Open Pit 0.5 - - 241 3.7 28 1.6 269 3.5 30
Callion Underground 2.0 - - 255 6.0 156 5.5 411 5.8 77
TOTAL -
-		 496
4.9		 184
4.9		 680
4.9
107
Callion Subtotal - - 496 4.9 184 4.9 680 4.9 107
FEDERAL FLAG 1.0 32 2 112 1.8 238 2.5 382 2.3 28
SALMON GUMS 1.0 - - 199 2.8 108 2.9 307 2.8 28
WALHALLA 1.0 - - 448 1.8 216 1.4 664 1.7 36
WALHALLA NORTH 1.0 - - 94 2.4 13 3.0 107 2.5 9
MT BANJO 1.0 - - 109 2.3 126 1.4 235 1.8 14
MACEDON 1.0 - - - - 186 1.8 186 1.8 11
Walhalla Subtotal 32 2.0 962 2.1 887 2.0 1,881 2.1
125
IGUANA 1.0 - - 690 2.1 2,032 2.0 2,722 2.0 175
LIZARD 1.0 106 4 75 3.7 13 2.8 194 3.8 24
Lady Ida Subtotal 106 4.0 765
,		 2.3 2,045
,		 2.0 2,916
,		 2.1
199
Davyhurst Total 300 2.7 15,800 2.5 8,000 2.8 24,000 2.6 2,030
BALDOCK - - - 136 18.6 0 0.0 136 18.6 81
METEOR - - - - - 143 9.3 143 9.3 43
WHINNEN - - - - - 39 13.3 39 13.3 17
Mount Ida Total - - 140 18.6 180 10.2 320 13.8 140
Combined Total 300 2.7 15,900 2.7 8,200 3.0 24,300 2.8 2,170

  1. The Missouri, Sand King, Riverina, Riverina South, Waihi, Callion & Golden Eagle Mineral Resources have been updated in accordance with all relevant aspects of the JORC code 2012, and initially released to the market on 15 December 2016 & 26 May 2020 (Missouri), 3 January 2017 & 26 May 2020 (Sand King), 2 December 2019 & 26 May 2020 (Riverina), 4 February 2020 (Waihi), 15 May 2020 & 29 June 2020 (Callion), 8 April 2020 (Golden Eagle) and 9 October 2020 (Riverina South).

  2. All Mineral Resources listed above, with the exception of the Missouri, Sand King, Riverina, Riverina South, Waihi, Callion & Golden Eagle Mineral Resources, were prepared previously and first disclosed under the JORC Code 2004 (refer Swan Gold Mining Limited Prospectus

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released to the market on 13 February 2013). These Mineral Resources have not been updated in accordance with JORC Code 2012 on the basis that the information has not materially changed since it was first reported.

  1. The Riverina, Riverina South, Waihi, Sand King, Missouri and Callion Open Pit Mineral Resource Estimates are reported within a A$2,400/oz pit shell above 0.5g/t. The Riverina, Waihi, Sand King, Missouri, Callion and Golden Eagle Underground Mineral Resource Estimates are reported from material outside a A$2,400 pit shell and above 2.0 g/t.

  2. The values in the above table have been rounded.

Ore Reserve Table

PROJECT PROVED PROVED PROBABLE PROBABLE TOTAL MATERIAL TOTAL MATERIAL TOTAL MATERIAL
('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.)
Sand King - - 1,300 2.6 1,300 2.6 110
Missouri - - 1,500 2.6 1,500 2.6 130
Riverina Open Pit - - 1,400 1.8 1,400 1.8 81
Golden Eagle - - 130 3.8 130 3.8 16
Waihi - - 1,500 2.3 1,500 2.3 110
Callion - - 240 2.6 240 2.6 21
TOTAL - - 6,100 2.4 6,100 2.4 460

Notes:

  1. The table contains rounding adjustments to two significant figures and does not total exactly.

  2. This Ore Reserve was estimated from practical mining envelopes and the application of modifying factors for mining dilution and ore loss.

  3. For the open pit Ore Reserve dilution skins were applied to the undiluted LUC Mineral Resource estimate at zero grade. The in-pit global dilution is estimated to be 29% at Sand King, 43% at Missouri, 22% at Riverina, 13% at Waihi and 23% at Callion all of which were applied at zero grade. The lower dilution at Riverina, Waihi and Callion reflecting the softer lode boundary and allows for inherent dilution within the lode wireframe. All Inferred Mineral Resources were considered as waste at zero grade.

  4. The Open Pit Ore Reserve was estimated using incremental cut-off grades specific to location and weathering classification. They range from 0.54 g/t to 0.69 g/t Au and are based on a price of A$2100 per ounce and include ore transport, processing, site overheads and selling costs and allow for process recovery specific to the location and domain and which range from 85% (Sand King fresh ore) to 95%.

  5. Approximately 100,000 t at 1.8 g/t at Riverina was downgraded from Proved to Probable due to uncertainty at the time surrounding metallurgical recovery. Subsequent test work estimated the Riverina recoveries to be 90.1%, 97.6% and 94.3% for oxide, transition and fresh, respectively.

  6. The underground Ore Reserve was estimated from practical mining envelopes derived from expanded wireframes to allow for unplanned dilution. A miscellaneous unplanned dilution factor of 5% at zero grade was also included. The global dilution factor was estimated to be 32% with an average grade of 0.77 g/t Au.

  7. The underground Ore Reserve was estimated using stoping cut-off of 2.7 g/t Au which allows for ore drive development, stoping and downstream costs such as ore haulage, processing, site overheads and selling costs. An incremental cut-off grade of 0.7 g/t Au was applied to ore drive development and considers downstream costs only. Cut-off grades were derived from a base price of A$2100 per ounce and allow for an assumed process recovery of 92%. Subsequent test work estimated the Golden Eagle fresh recovery to be 90.6%.

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Appendix 2: Significant Intersections Table

COMPANY HOLE ID MGA North MGA East RL **AZI ** DIP END
DEPTH		 HOLE
TYPE		 DEPTH
FROM		 DEPTH
TO		 INTERVAL GRADE GRAM
METRES		 Au g/t interval
ORA BANDA IGRC21001 6623724 275841 517 90 -58 84.0 RC 28.0 29.0 1.0 0.94 0.9 1.0m @ 0.94 g/t
44.0 52.0 8.0 4.80 38.4 8.0m @ 4.80 g/t
Incl 47.0 52.0 5.0 7.30 36.5 5.0m @ 7.30 g/t
IGRC21002 6623724 275798 518 90 -58 144.0 RC 72.0 82.0 10.0 3.96 39.6 10.0m @ 3.96 g/t
Incl 73.0 81.0 8.0 4.81 38.5 8.0m @ 4.81 g/t
IGRC21003 6623765 275698 519 90 -54 150.0 RC 64.0 68.0 4.0 0.64 2.6 4.0m @ 0.64 g/t
109.0 110.0 1.0 0.88 0.9 1.0m @ 0.88 g/t
119.0 120.0 1.0 5.20 5.2 1.0m @ 5.20 g/t
127.0 130.0 3.0 0.79 2.4 3.0m @ 0.79 g/t
Incl 127.0 128.0 1.0 1.18 1.2 1.0m @ 1.18 g/t
IGRC21004 6623787 275732 516 90 -60 168.0 RC 20.0 23.0 3.0 2.13 6.4 3.0m @ 2.13 g/t
30.0 32.0 2.0 1.74 3.5 2.0m @ 1.74 g/t
35.0 67.0 32.0 1.97 63.1 32.0m @ 1.97 g/t
Incl 36.0 39.0 3.0 3.43 10.3 3.0m @ 3.43 g/t
Incl 42.0 46.0 4.0 1.22 4.9 4.0m @ 1.22 g/t
Incl 50.0 63.0 13.0 3.07 39.9 13.0m @ 3.07 g/t
91.0 96.0 5.0 2.12 10.6 5.0m @ 2.12 g/t
120.0 121.0 1.0 0.53 0.5 1.0m @ 0.53 g/t
126.0 132.0 6.0 0.89 5.3 6.0m @ 0.89 g/t
Incl 127.0 128.0 1.0 2.43 2.4 1.0m @ 2.43 g/t
136.0 138.0 2.0 0.99 2.0 2.0m @ 0.99 g/t
Incl 137.0 138.0 1.0 1.27 1.3 1.0m @ 1.27 g/t
149.0 158.0 9.0 1.11 10.0 9.0m @ 1.11 g/t
Incl 149.0 150.0 1.0 1.02 1.0 1.0m @ 1.02 g/t
Incl 155.0 156.0 1.0 5.41 5.4 1.0m @ 5.41 g/t
IGRC21005 6623812 275752 517 90 67 162.0 RC 10.0 12.0 2.0 0.55 1.1 2.0m @ 0.55 g/t
22.0 26.0 4.0 1.37 5.5 4.0m @ 1.37 g/t
Incl 24.0 25.0 1.0 3.65 3.7 1.0m @ 3.65 g/t
30.0 36.0 6.0 0.76 4.6 6.0m @ 0.76 g/t
Incl 32.0 33.0 1.0 2.08 2.1 1.0m @ 2.08 g/t
48.0 56.0 8.0 1.98 15.8 8.0m @ 1.98 g/t
Incl 48.0 54.0 6.0 2.42 14.5 6.0m @ 2.42 g/t
66.0 67.0 1.0 3.22 3.2 1.0m @ 3.22 g/t
70.0 75.0 5.0 4.09 20.5 5.0m @ 4.09 g/t
Incl 70.0 72.0 2.0 9.67 19.3 2.0m @ 9.67 g/t
81.0 82.0 1.0 0.80 0.8 1.0m @ 0.80 g/t
85.0 86.0 1.0 0.57 0.6 1.0m @ 0.57 g/t
96.0 101.0 5.0 1.11 5.6 [email protected]/t
Incl 96.0 99.0 3.0 1.38 4.2 [email protected]/t
104.0 111.0 7.0 0.84 5.8 7.0m @ 0.84 g/t
Incl 105.0 106.0 1.0 1.09 1.1 1.0m @ 1.09 g/t
Incl 109.00 110.0 1.0 2.37 2.4 1.0m @ 2.37 g/t
118.0 121.0 3.0 0.64 1.9 3.0m @ 0.64 g/t
136.0 137.0 1.0 1.92 1.9 1.0m @ 1.92 g/t
143.0 144.0 1.0 2.17 2.2 1.0m @ 2.17 g/t
IGRC21006 6623818 275651 520 90 -60 198.0 RC 52.0 56.0 4.0 4.57 18.3 4.0m @ 4.57 g/t
150.0 154.0 4.0 1.41 5.6 4.0m @ 1.41 g/t
Incl 152.0 153.0 1.0 3.94 3.9 1.0m @ 3.94 g/t
161.0 165.0 4.0 0.59 2.4 4.0m @ 0.59 g/t
Incl 164.0 165.0 1.0 1.00 1.0 1.0m @ 1.00 g/t
169.0 171.0 2.0 0.51 1.0 2.0m @ 0.51 g/t
174.0 178.0 4.0 2.92 11.7 4.0m @ 2.92 g/t
Incl 176.0 178.0 2.0 5.35 10.7 2.0m @ 5.35 g/t
189.0 190.0 1.0 0.58 0.6 1.0m @ 0.58 g/t
195.0 196.0 1.0 0.62 0.6 1.0m @ 0.62 g/t

Page 10 of 23

COMPANY HOLE ID MGA North MGA East RL **AZI ** DIP END
DEPTH		 HOLE
TYPE		 DEPTH
FROM		 DEPTH
TO		 INTERVAL GRADE GRAM
METRES		 Au g/t interval
ORA BANDA IGRC21007 6623870 275656 520 90 -54 198.0 RC 63.0 74.0 11.0 1.05 11.6 11.0m @ 1.05 g/t
Incl 67.0 68.0 1.0 3.71 3.7 1.0m @ 3.71 g/t
Incl 72.0 74.0 2.0 1.50 3.0 2.0m @ 1.50 g/t
80.0 81.0 1.0 0.63 0.6 1.0m @ 0.63 g/t
86.0 87.0 1.0 7.49 7.5 1.0m @ 7.49 g/t
91.0 94.0 3.0 0.58 1.8 3.0m @ 0.58 g/t
111.0 123.0 12.0 1.12 13.4 12.0m @ 1.12 g/t
Incl 112.0 121.0 9.0 1.33 11.9 9.0m @ 1.33 g/t
126.0 127.0 1.0 1.37 1.4 1.0m @ 1.37 g/t
136.0 138.0 2.0 13.65 27.3 2.0m @ 13.65 g/t
143.0 144.0 1.0 0.70 0.7 1.0m @ 0.70 g/t
150.0 153.0 3.0 0.83 2.5 3.0m @ 0.83 g/t
Incl 150.0 151.0 1.0 1.74 1.7 1.0m @ 1.74 g/t
165.0 167.0 2.0 1.42 2.8 2.0m @ 1.42 g/t
173.0 175.0 2.0 0.68 1.4 2.0m @ 0.68 g/t
178.0 179.0 1.0 1.09 1.1 1.0m @ 1.09 g/t
194.0 195.0 1.0 0.60 0.6 1.0m @ 0.60 g/t
IGRC21008 6623918 275654 520 90 -64 156.0 RC 23.0 24.0 1.0 0.96 1.0 1.0m @ 0.96 g/t
27.0 28.0 1.0 0.80 0.8 1.0m @ 0.80 g/t
31.0 61.0 30.0 2.23 66.9 30.0m @ 2.23 g/t
Incl 31.0 32.0 1.0 1.06 1.1 1.0m @ 1.06 g/t
Incl 36.0 59.0 23.0 2.73 62.7 23.0m @ 2.73 g/t
65.0 66.0 1.0 0.73 0.7 1.0m @ 0.73 g/t
69.0 73.0 4.0 0.43 1.7 4.0m @ 0.43 g/t
78.0 80.0 2.0 0.54 1.1 2.0m @ 0.54 g/t
95.0 104.0 9.0 1.13 10.1 9.0m @ 1.13 g/t
Incl 95.0 101.0 6.0 1.40 8.4 6.0m @ 1.40 g/t
110.0 120.0 10.0 0.73 7.3 10.0m @ 0.73 g/t
Incl 116.0 120.0 4.0 1.23 4.9 4.0m @ 1.23 g/t
132.0 141.0 9.0 0.97 8.7 9.0m @ 0.97 g/t
Incl 132.0 134.0 2.0 2.42 4.8 2.0m @ 2.42 g/t
Incl 137.0 138.0 1.0 1.18 1.2 1.0m @ 1.18 g/t
IGRC21009 6623869 275607 521 90 -54 246.0 RC 16.0 20.0 4.0 4.23 16.9 4.0m @ 4.23 g/t
105.0 110.0 5.0 1.76 8.8 5.0m @ 1.76 g/t
Incl 108.0 110.0 2.0 3.93 7.9 2.0m @ 3.93 g/t
124.0 147.0 23.0 1.21 27.9 23.0m @ 1.21 g/t
Incl 128.0 135.0 7.0 2.22 15.5 7.0m @ 2.22 g/t
Incl 140.0 147.0 7.0 1.08 7.5 7.0m @ 1.08 g/t
152.0 157.0 5.0 1.92 9.6 5.0m @ 1.92 g/t
160.0 161.0 1.0 1.35 1.4 1.0m @ 1.35 g/t
164.0 174.0 10.0 4.36 43.6 10.0m @ 4.36 g/t
178.0 181.0 3.0 1.55 4.6 3.0m @ 1.55 g/t
186.0 189.0 3.0 0.91 2.7 3.0m @ 0.91 g/t
Incl 186.0 187.0 1.0 1.39 1.4 1.0m @ 1.39 g/t
196.0 207.0 11.0 4.99 54.9 11.0m @ 4.99 g/t
Incl 196.0 197.0 1.0 3.03 3.0 1.0m @ 3.03 g/t
Incl 200.0 201.0 1.0 1.70 1.7 1.0m @ 1.70 g/t
Incl 204.0 207.0 3.0 16.11 48.3 3.0m @ 16.11 g/t
216.0 217.0 1.0 1.64 1.6 1.0m @ 1.64 g/t
224.0 225.0 1.0 2.57 2.6 1.0m @ 2.57 g/t
230.0 233.0 3.0 0.66 2.0 3.0m @ 0.66 g/t
IGRC21010 6623968 275707 516 90 -57 120.0 RC 44.0 48.0 4.0 1.37 5.5 4.0m @ 1.37 g/t
65.0 67.0 2.0 0.94 1.9 2.0m @ 0.94 g/t
Incl 65.0 66.0 1.0 1.05 1.1 1.0m @ 1.05 g/t
78.0 84.0 6.0 2.25 13.5 6.0m @ 2.25 g/t
Incl 78.0 83.0 5.0 2.58 12.9 5.0m @ 2.58 g/t
87.0 88.0 1.0 0.76 0.8 1.0m @ 0.76 g/t
IGRC21011 6623965 275658 518 90 -60 96.0 RC 17.0 18.0 1.0 1.33 1.3 1.0m @ 1.33 g/t
21.0 22.0 1.0 0.72 0.7 1.0m @ 0.72 g/t
38.0 42.0 4.0 1.37 5.5 4.0m @ 1.37 g/t
Incl 39.0 42.0 3.0 1.54 4.6 3.0m @ 1.54 g/t
58.0 60.0 2.0 1.99 4.0 2.0m @ 1.99 g/t

Page 11 of 23

COMPANY HOLE ID MGA North MGA East RL **AZI ** DIP END
DEPTH		 HOLE
TYPE		 DEPTH
FROM		 DEPTH
TO		 INTERVAL GRADE GRAM
METRES		 Au g/t interval
ORA BANDA IGRC21012 6623963 275602 522 86 -60 180.0 RC 43.0 54.0 11.0 1.09 12.0 11.0m @ 1.09 g/t
Incl 44.0 51.0 7.0 1.37 9.6 7.0m @ 1.37 g/t
60.0 66.0 6.0 0.69 4.1 6.0m @ 0.69 g/t
Incl 65.0 66.0 1.0 2.27 2.3 1.0m @ 2.27 g/t
69.0 77.0 8.0 4.50 36.0 8.0m @ 4.50 g/t
Incl 69.0 71.0 2.0 16.24 32.5 2.0m @ 16.24 g/t
80.0 84.0 4.0 0.77 3.1 4.0m @ 0.77 g/t
Incl 82.0 84.0 2.0 1.18 2.4 2.0m @ 1.18 g/t
89.0 94.0 5.0 2.31 11.6 5.0m @ 2.31 g/t
Incl 92.0 94.0 2.0 5.30 10.6 2.0m @ 5.30 g/t
105.0 108.0 3.0 1.06 3.2 3.0m @ 1.06 g/t
126.0 127.0 1.0 2.20 2.2 1.0m @ 2.20 g/t
131.0 134.0 3.0 5.14 15.4 3.0m @ 5.14 g/t
IGRC21013 6623968 275551 525 90 -60 246.0 RC 28.0 40.0 12.0 2.57 30.8 12.0m @ 2.57 g/t
Incl 28.0 36.0 8.0 3.44 27.5 8.0m @ 3.44 g/t
87.0 89.0 2.0 0.87 1.7 2.0m @ 0.87 g/t
101.0 103.0 2.0 0.77 1.5 2.0m @ 0.77 g/t
119.0 121.0 2.0 0.57 1.1 2.0m @ 0.57 g/t
125.0 127.0 2.0 1.64 3.3 2.0m @ 1.64 g/t
130.0 137.0 7.0 1.55 10.9 7.0m @ 1.55 g/t
Incl 130.0 135.0 5.0 1.91 9.6 5.0m @ 1.91 g/t
144.0 146.0 2.0 1.43 2.9 2.0m @ 1.43 g/t
Incl 144.0 145.0 1.0 2.08 2.1 1.0m @ 2.08 g/t
152.0 154.0 2.0 0.99 2.0 2.0m @ 0.99 g/t
Incl 153.0 154.0 1.0 1.07 1.1 1.0m @ 1.07 g/t
157.0 158.0 1.0 3.91 3.9 1.0m @ 3.91 g/t
166.0 167.0 1.0 0.62 0.6 1.0m @ 0.62 g/t
170.0 171.0 1.0 1.76 1.8 1.0m @ 1.76 g/t
175.0 176.0 1.0 1.96 2.0 1.0m @ 1.96 g/t
181.0 190.0 9.0 7.60 68.4 9.0m @ 7.60 g/t
Incl 183.0 190.0 7.0 9.58 67.1 7.0m @ 9.58 g/t
196.0 200.0 4.0 1.67 6.7 4.0m @ 1.67 g/t
238.0 240.0 2.0 3.57 7.1 2.0m @ 3.57 g/t
IGRC21014 6624117 275511 526 90 -55 156.0 RC 78.0 79.0 1.0 0.56 0.6 1.0m @ 0.56 g/t
93.0 94.0 1.0 0.70 0.7 1.0m @ 0.70 g/t
99.0 100.0 1.0 0.54 0.5 1.0m @ 0.54 g/t
116.0 120.0 4.0 3.76 15.0 4.0m @ 3.76 g/t
Incl 116.0 117.0 1.0 13.71 13.7 1.0m @ 13.71 g/t
139.0 140.0 1.0 1.01 1.0 1.0m @ 1.01 g/t
146.0 155.0 9.0 1.38 12.4 9.0m @ 1.38 g/t
Incl 146.0 154.0 8.0 1.48 11.8 8.0m @ 1.48 g/t
IGRC21015 6624020 275514 525 90 -50 78.0 RCDD N.S.I
IGRC21016 6624168 275574 526 90 -63 132.0 RC 27.0 28.0 1.0 0.67 0.7 1.0m @ 0.67 g/t
36.0 37.0 1.0 2.16 2.2 1.0m @ 2.16 g/t
47.0 51.0 4.0 0.63 2.5 4.0m @ 0.63 g/t
54.0 55.0 1.0 2.99 3.0 1.0m @ 2.99 g/t
61.0 66.0 5.0 1.01 5.1 5.0m @ 1.01 g/t
Incl 61.0 64.0 3.0 1.27 3.8 3.0m @ 1.27 g/t
69.0 90.0 21.0 3.17 66.5 21.0m @ 3.17 g/t
Incl 70.0 76.0 6.0 2.28 13.7 6.0m @ 2.28 g/t
Incl 79.0 82.0 3.0 1.55 4.6 3.0m @ 1.55 g/t
Incl 85.0 86.0 1.0 41.35 41.4 1.0m @ 41.35 g/t
Incl 89.0 90.0 1.0 1.85 1.9 1.0m @ 1.85 g/t
94.0 95.0 1.0 5.59 5.6 1.0m @ 5.59 g/t
98.0 105.0 7.0 3.49 24.4 7.0m @ 3.49 g/t
117.0 124.0 7.0 2.43 17.0 7.0m @ 2.43 g/t
Incl 117.0 123.0 6.0 2.72 16.3 6.0m @ 2.72 g/t
IGRC21017 6624169 275510 526 90 -55 60.0 RCDD 44.0 48.0 4.0 0.53 2.1 4.0m @ 0.53 g/t
IGRC21018 6624208 275523 526 84 -58 138.0 RC 29.0 35.0 6.0 0.65 3.9 6.0m @ 0.65 g/t
Incl 30.0 31.0 1.0 1.09 1.1 1.0m @ 1.09 g/t
38.0 42.0 4.0 6.24 24.9 4.0m @ 6.24 g/t
Incl 38.0 40.0 2.0 11.89 23.8 2.0m @ 11.89 g/t
51.0 54.0 3.0 0.52 1.6 3.0m @ 0.52 g/t
90.0 91.0 1.0 0.51 0.5 1.0m @ 0.51 g/t
96.0 97.0 1.0 0.87 0.9 1.0m @ 0.87 g/t
100.0 103.0 3.0 0.46 1.4 3.0m @ 0.46 g/t
126.0 134.0 8.0 1.22 9.8 8.0m @ 1.22 g/t
Incl 130.0 134.0 4.0 1.74 6.9 4.0m @ 1.74 g/t
137.0 138.0 1.0 0.96 1.0 1.0m @ 0.96 g/t

Page 12 of 23

COMPANY HOLE ID MGA North MGA East RL **AZI ** DIP END
DEPTH		 HOLE
TYPE		 DEPTH
FROM		 DEPTH
TO		 INTERVAL GRADE GRAM
METRES		 Au g/t interval
ORA BANDA IGRC21019 6624216 275463 526 90 -55 156.0 RC 68.0 72.0 4.0 7.91 31.6 4.0m @ 7.91 g/t
76.0 80.0 4.0 1.16 4.6 4.0m @ 1.16 g/t
88.0 92.0 4.0 0.62 2.5 4.0m @ 0.62 g/t
97.0 107.0 10.0 0.80 8.0 10.0m @ 0.80 g/t
Incl 104.0 105.0 1.0 2.42 2.4 1.0m @ 2.42 g/t
111.0 114.0 3.0 1.30 3.9 3.0m @ 1.30 g/t
117.0 118.0 1.0 2.36 2.4 1.0m @ 2.36 g/t
IGRC21020 6624244 275464 525 90 -56 144.0 RC 95.0 99.0 4.0 0.69 2.8 4.0m @ 0.69 g/t
Incl 98.0 99.0 1.0 1.58 1.6 1.0m @ 1.58 g/t
113.0 114.0 1.0 2.50 2.5 1.0m @ 2.50 g/t
127.0 128.0 1.0 1.15 1.2 1.0m @ 1.15 g/t
135.0 136.0 1.0 0.84 0.8 1.0m @ 0.84 g/t
IGRC21021 6624272 275528 525 90 -66 90.0 RC 44.0 46.0 2.0 0.54 1.1 2.0m @ 0.54 g/t
52.0 53.0 1.0 5.02 5.0 1.0m @ 5.02 g/t
57.0 60.0 3.0 0.76 2.3 3.0m @ 0.76 g/t
Incl 57.0 58.0 1.0 1.70 1.7 1.0m @ 1.70 g/t
IGRC21022 6624272 275504 525 90 -70 84.0 RC 15.0 20.0 5.0 0.85 4.3 5.0m @ 0.85 g/t
Incl 15.0 16.0 1.0 1.08 1.1 1.0m @ 1.08 g/t
23.0 24.0 1.0 0.61 0.6 1.0m @ 0.61 g/t
27.0 42.0 15.0 1.58 23.6 15.0m @ 1.58 g/t
Incl 31.0 33.0 2.0 4.25 8.5 2.0m @ 4.25 g/t
Incl 39.0 42.0 3.0 3.63 10.9 3.0m @ 3.63 g/t
45.0 47.0 2.0 2.19 4.4 2.0m @ 2.19 g/t
63.0 64.0 1.0 0.70 0.7 1.0m @ 0.70 g/t
71.0 74.0 3.0 0.99 3.0 3.0m @ 0.99 g/t
Incl 72.0 74.0 2.0 1.19 2.4 2.0m @ 1.19 g/t
82.0 84.0 2.0 0.60 1.2 2.0m @ 0.60 g/t
IGRC21023 6624267 275474 525 90 -62 114.0 RC 32.0 38.0 6.0 5.09 30.5 6.0m @ 5.09 g/t
Incl 33.0 35.0 2.0 14.20 28.4 2.0m @ 14.20 g/t
43.0 46.0 3.0 4.55 13.7 3.0m @ 4.55 g/t
76.0 77.0 1.0 0.70 0.7 1.0m @ 0.70 g/t
84.0 85.0 1.0 0.63 0.6 1.0m @ 0.63 g/t
93.0 96.0 3.0 2.74 8.2 3.0m @ 2.74 g/t
107.0 108.0 1.0 5.26 5.3 1.0m @ 5.26 g/t
IGRC21024 6624267 275438 525 90 -55 150.0 RC 84.0 88.0 4.0 7.64 30.5 4.0m @ 7.64 g/t
106.0 107.0 1.0 11.31 11.3 1.0m @ 11.31 g/t
112.0 113.0 1.0 1.23 1.2 1.0m @ 1.23 g/t
118.0 122.0 4.0 0.99 4.0 4.0m @ 0.99 g/t
Incl 120.0 121.0 1.0 2.25 2.2 1.0m @ 2.25 g/t
125.0 130.0 5.0 4.35 21.8 5.0m @ 4.35 g/t
126.0 130.0 4.0 5.22 20.9 4.0m @ 5.22 g/t
139.0 144.0 5.0 1.05 5.2 5.0m @ 1.05 g/t
147.0 148.0 1.0 0.50 0.5 1.0m @ 0.50 g/t
IGRC21025 6623918 275599 521 90 -60 72.0 RCDD 64.0 68.0 4.0 0.69 2.8 4.0m @ 0.69 g/t
IGRC21026 6623869 275765 518 90 -55 180.0 RC 25.0 27.0 2.0 1.42 2.8 2.0m @ 1.42 g/t
Incl 26.0 27.0 1.0 1.84 1.8 1.0m @ 1.84 g/t
30.0 36.0 6.0 0.77 4.6 6.0m @ 0.77 g/t
Incl 30.0 33.0 3.0 0.96 2.9 3.0m @ 0.96 g/t
39.0 40.0 1.0 0.53 0.5 1.0m @ 0.53 g/t
49.0 50.0 1.0 0.67 0.7 1.0m @ 0.67 g/t
57.0 58.0 1.0 5.16 5.2 1.0m @ 5.16 g/t
62.0 64.0 2.0 0.54 1.1 2.0m @ 0.54 g/t
81.0 82.0 1.0 9.03 9.0 1.0m @ 9.03 g/t
99.0 102.0 3.0 1.89 5.7 3.0m @ 1.89 g/t
116.0 117.0 1.0 0.59 0.6 1.0m @ 0.59 g/t
123.0 133.0 10.0 2.21 22.1 10.0m @ 2.21 g/t
Incl 125.0 127.0 2.0 8.13 16.3 2.0m @ 8.13 g/t
Incl 132.0 133.0 1.0 2.50 2.5 1.0m @ 2.50 g/t
136.0 146.0 10.0 3.24 32.4 10.0m @ 3.24 g/t
165.0 166.0 1.0 0.69 0.7 1.0m @ 0.69 g/t
DELTA GOLD G1084 6624267 275491 525 90 -60 54.0 RC 16.0 25.0 9.0 1.11 10.0 9.0m @ 1.11 g/t
28.0 54.0 26.0 12.95 336.8 26.0m @ 12.95 g/t
MONARCH GOLD IGRC004 6623767 275764 516 90 -50 60.0 RC 16.0 19.0 3.0 1.93 5.8 3.0m @ 1.93 g/t
22.0 23.0 1.0 1.05 1.1 1.0m @ 1.05 g/t
33.0 39.0 6.0 44.51 267.1 6.0m @ 44.51 g/t
52.0 56.0 4.0 0.50 2.0 4.0m @ 0.50 g/t

Page 13 of 23

~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t		 ~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t		 ~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t		 ~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t		 ~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t		 ~~Pag~~e14of23
DEPTH
FROM
DEPTH
TO
INTERVAL
GRADE
GRAM
METRES
Au g/t interval
48.0
50.0
2.0
1.88
3.8
2.0m @ 1.88 g/t
63.0
75.0
12.0
1.03
12.4
12.0m @ 1.03 g/t
81.0
82.0
1.0
1.07
1.1
1.0m @ 1.07 g/t
85.0
102.0
17.0
6.37
108.4
17.0m @ 6.37 g/t
49.0
77.0
28.0
4.07
114.1
28.0m @ 4.07 g/t
2.0
4.0
2.0
2.38
4.8
2.0m @ 2.38 g/t
32.0
34.0
2.0
4.14
8.3
2.0m @ 4.14 g/t
39.0
43.0
4.0
0.94
3.8
4.0m @ 0.94 g/t
46.0
47.0
1.0
0.72
0.7
1.0m @ 0.72 g/t
54.0
57.0
3.0
1.13
3.4
3.0m @ 1.13 g/t
60.0
63.0
3.0
0.48
1.4
3.0m @ 0.48 g/t
87.0
91.0
4.0
0.75
3.0
4.0m @ 0.75 g/t
94.0
95.0
1.0
1.47
1.5
1.0m @ 1.47 g/t
139.0
140.0
1.0
1.20
1.2
1.0m @ 1.20 g/t
145.0
159.0
14.0
8.17
114.3
14.0m @ 8.17 g/t
162.0
168.0
6.0
1.47
8.8
6.0m @ 1.47 g/t
173.0
175.0
2.0
1.47
2.9
2.0m @ 1.47 g/t
179.0
181.0
2.0
0.64
1.3
2.0m @ 0.64 g/t
0.0
3.0
3.0
2.65
8.0
3.0m @ 2.65 g/t
28.0
29.0
1.0
0.64
0.6
1.0m @ 0.64 g/t
32.0
45.0
13.0
1.47
19.0
13.0m @ 1.47 g/t
63.0
64.0
1.0
0.57
0.6
1.0m @ 0.57 g/t
69.0
84.0
15.0
1.23
18.5
15.0m @ 1.23 g/t
92.0
96.0
4.0
0.74
3.0
4.0m @ 0.74 g/t
103.0
120.0
17.0
1.78
30.3
17.0m @ 1.78 g/t
123.0
130.0
7.0
0.86
6.0
7.0m @ 0.86 g/t
134.0
139.0
5.0
1.50
7.5
5.0m @ 1.50 g/t
143.0
147.0
4.0
0.53
2.1
4.0m @ 0.53 g/t
150.0
152.0
2.0
1.11
2.2
2.0m @ 1.11 g/t
155.0
159.0
4.0
0.47
1.9
4.0m @ 0.47 g/t
35.0
60.0
25.0
0.98
24.6
25.0m @ 0.98 g/t
67.0
69.0
2.0
2.42
4.8
2.0m @ 2.42 g/t
75.0
79.0
4.0
1.14
4.6
4.0m @ 1.14 g/t
86.0
89.0
3.0
1.86
5.6
3.0m @ 1.86 g/t
92.0
93.0
1.0
1.12
1.1
1.0m @ 1.12 g/t
102.0
103.0
1.0
0.95
1.0
1.0m @ 0.95 g/t
111.0
112.0
1.0
0.61
0.6
1.0m @ 0.61 g/t
117.0
120.0
3.0
0.73
2.2
3.0m @ 0.73 g/t
163.0
165.0
2.0
1.34
2.7
2.0m @ 1.34 g/t
168.0
169.0
1.0
2.73
2.7
1.0m @ 2.73 g/t
173.0
176.0
3.0
18.50
55.5
3.0m @ 18.50 g/t
180.0
182.0
2.0
1.43
2.9
2.0m @ 1.43 g/t
5.0
6.0
1.0
0.50
0.5
1.0m @ 0.50 g/t
10.0
11.0
1.0
0.59
0.6
1.0m @ 0.59 g/t
43.0
45.0
2.0
0.66
1.3
2.0m @ 0.66 g/t
77.0
79.0
2.0
22.45
44.9
2.0m @ 22.45 g/t
89.0
92.0
3.0
1.11
3.3
3.0m @ 1.11 g/t
104.0
112.0
8.0
2.01
16.1
8.0m @ 2.01 g/t
120.0
126.0
6.0
1.15
6.9
6.0m @ 1.15 g/t
129.0
135.0
6.0
1.40
8.4
6.0m @ 1.40 g/t
1.0
5.0
4.0
2.91
11.6
4.0m @ 2.91 g/t
9.0
10.0
1.0
0.94
0.9
1.0m @ 0.94 g/t
15.0
32.0
17.0
1.12
19.0
17.0m @ 1.12 g/t
43.0
45.0
2.0
0.59
1.2
2.0m @ 0.59 g/t
48.0
56.0
8.0
1.66
13.3
8.0m @ 1.66 g/t
70.0
87.0
17.0
2.23
37.9
17.0m @ 2.23 g/t
1.0
4.0
3.0
2.89
8.7
3.0m @ 2.89 g/t
16.0
26.0
10.0
2.00
20.0
10.0m @ 2.00 g/t
29.0
33.0
4.0
3.17
12.7
4.0m @ 3.17 g/t
37.0
38.0
1.0
0.58
0.6
1.0m @ 0.58 g/t
41.0
58.0
17.0
1.51
25.6
17.0m @ 1.51 g/t
31.0
42.0
11.0
1.34
14.8
11.0m @ 1.34 g/t
46.0
50.0
4.0
0.52
2.1
4.0m @ 0.52 g/t
62.0
67.0
5.0
3.07
15.4
5.0m @ 3.07 g/t
72.0
77.0
5.0
2.74
13.7
5.0m @ 2.74 g/t
81.0
82.0
1.0
0.62
0.6
1.0m @ 0.62 g/t
85.0
90.0
5.0
1.75
8.7
5.0m @ 1.75 g/t
95.0
98.7
3.7
0.92
3.4
3.7m @ 0.92 g/t
103.0
108.0
5.0
2.69
13.4
5.0m @ 2.69 g/t
115.0
120.0
5.0
0.84
4.2
5.0m @ 0.84 g/t
127.0
131.0
4.0
1.03
4.1
4.0m @ 1.03 g/t
137.0
139.0
2.0
0.85
1.7
2.0m @ 0.85 g/t
156.0
158.0
2.0
9.79
19.6
2.0m @ 9.79 g/t
173.0
177.0
4.0
12.67
50.7
4.0m @ 12.67 g/t
180.0
181.0
1.0
0.52
0.5
1.0m @ 0.52 g/t
185.0
190.0
5.0
2.09
10.4
5.0m @ 2.09 g/t
198.0
199.0
1.0
1.50
1.5
1.0m @ 1.50 g/t
1.0
7.0
6.0
1.77
10.6
6.0m @ 1.77 g/t
10.0
12.0
2.0
1.03
2.1
2.0m @ 1.03 g/t
21.0
33.0
12.0
11.20
134.4
12.0m @ 11.20 g/t
40.0
44.0
4.0
1.72
6.9
4.0m @ 1.72 g/t
47.0
53.0
6.0
1.29
7.7
6.0m @ 1.29 g/t
59.0
61.0
2.0
0.68
1.4
2.0m @ 0.68 g/t
COMPANY HOLE ID MGA North MGA East RL **AZI ** DIP END
DEPTH		 HOLE
TYPE		 DEPTH
FROM		 DEPTH
TO		 INTERVAL GRADE GRAM
METRES		 Au g/t interval
SWAN GOLD IGRC067 6624190 275565 526 90 -60 102.0 RC 48.0 50.0 2.0 1.88 3.8 2.0m @ 1.88 g/t
63.0 75.0 12.0 1.03 12.4 12.0m @ 1.03 g/t
81.0 82.0 1.0 1.07 1.1 1.0m @ 1.07 g/t
85.0 102.0 17.0 6.37 108.4 17.0m @ 6.37 g/t
DELTA GOLD
DELTA GOLD		 LAC012 6617709 278661 481 90 -60 90.0 RC 49.0 77.0 28.0 4.07 114.1 28.0m @ 4.07 g/t
LAC066 6623896 275803 517 270 -60 250.0 RC 2.0 4.0 2.0 2.38 4.8 2.0m @ 2.38 g/t
32.0 34.0 2.0 4.14 8.3 2.0m @ 4.14 g/t
39.0 43.0 4.0 0.94 3.8 4.0m @ 0.94 g/t
46.0 47.0 1.0 0.72 0.7 1.0m @ 0.72 g/t
54.0 57.0 3.0 1.13 3.4 3.0m @ 1.13 g/t
60.0 63.0 3.0 0.48 1.4 3.0m @ 0.48 g/t
87.0 91.0 4.0 0.75 3.0 4.0m @ 0.75 g/t
94.0 95.0 1.0 1.47 1.5 1.0m @ 1.47 g/t
139.0 140.0 1.0 1.20 1.2 1.0m @ 1.20 g/t
145.0 159.0 14.0 8.17 114.3 14.0m @ 8.17 g/t
162.0 168.0 6.0 1.47 8.8 6.0m @ 1.47 g/t
173.0 175.0 2.0 1.47 2.9 2.0m @ 1.47 g/t
179.0 181.0 2.0 0.64 1.3 2.0m @ 0.64 g/t
LAC086 6623872 275797 515 90 -60 180.0 RC 0.0 3.0 3.0 2.65 8.0 3.0m @ 2.65 g/t
28.0 29.0 1.0 0.64 0.6 1.0m @ 0.64 g/t
32.0 45.0 13.0 1.47 19.0 13.0m @ 1.47 g/t
63.0 64.0 1.0 0.57 0.6 1.0m @ 0.57 g/t
69.0 84.0 15.0 1.23 18.5 15.0m @ 1.23 g/t
92.0 96.0 4.0 0.74 3.0 4.0m @ 0.74 g/t
103.0 120.0 17.0 1.78 30.3 17.0m @ 1.78 g/t
123.0 130.0 7.0 0.86 6.0 7.0m @ 0.86 g/t
134.0 139.0 5.0 1.50 7.5 5.0m @ 1.50 g/t
143.0 147.0 4.0 0.53 2.1 4.0m @ 0.53 g/t
150.0 152.0 2.0 1.11 2.2 2.0m @ 1.11 g/t
155.0 159.0 4.0 0.47 1.9 4.0m @ 0.47 g/t
LAC121 6623868 275727 519 90 -60 200.0 RC 35.0 60.0 25.0 0.98 24.6 25.0m @ 0.98 g/t
67.0 69.0 2.0 2.42 4.8 2.0m @ 2.42 g/t
75.0 79.0 4.0 1.14 4.6 4.0m @ 1.14 g/t
86.0 89.0 3.0 1.86 5.6 3.0m @ 1.86 g/t
92.0 93.0 1.0 1.12 1.1 1.0m @ 1.12 g/t
102.0 103.0 1.0 0.95 1.0 1.0m @ 0.95 g/t
111.0 112.0 1.0 0.61 0.6 1.0m @ 0.61 g/t
117.0 120.0 3.0 0.73 2.2 3.0m @ 0.73 g/t
163.0 165.0 2.0 1.34 2.7 2.0m @ 1.34 g/t
168.0 169.0 1.0 2.73 2.7 1.0m @ 2.73 g/t
173.0 176.0 3.0 18.50 55.5 3.0m @ 18.50 g/t
180.0 182.0 2.0 1.43 2.9 2.0m @ 1.43 g/t
LAC122 6623868 275780 518 90 -57 180.0 RC 5.0 6.0 1.0 0.50 0.5 1.0m @ 0.50 g/t
10.0 11.0 1.0 0.59 0.6 1.0m @ 0.59 g/t
43.0 45.0 2.0 0.66 1.3 2.0m @ 0.66 g/t
77.0 79.0 2.0 22.45 44.9 2.0m @ 22.45 g/t
89.0 92.0 3.0 1.11 3.3 3.0m @ 1.11 g/t
104.0 112.0 8.0 2.01 16.1 8.0m @ 2.01 g/t
120.0 126.0 6.0 1.15 6.9 6.0m @ 1.15 g/t
129.0 135.0 6.0 1.40 8.4 6.0m @ 1.40 g/t
LAC123 6623869 275833 517 90 -60 150.0 RC 1.0 5.0 4.0 2.91 11.6 4.0m @ 2.91 g/t
9.0 10.0 1.0 0.94 0.9 1.0m @ 0.94 g/t
15.0 32.0 17.0 1.12 19.0 17.0m @ 1.12 g/t
43.0 45.0 2.0 0.59 1.2 2.0m @ 0.59 g/t
48.0 56.0 8.0 1.66 13.3 8.0m @ 1.66 g/t
70.0 87.0 17.0 2.23 37.9 17.0m @ 2.23 g/t
LAC219 6623868 275851 516 90 -60 70.0 RC 1.0 4.0 3.0 2.89 8.7 3.0m @ 2.89 g/t
16.0 26.0 10.0 2.00 20.0 10.0m @ 2.00 g/t
29.0 33.0 4.0 3.17 12.7 4.0m @ 3.17 g/t
37.0 38.0 1.0 0.58 0.6 1.0m @ 0.58 g/t
41.0 58.0 17.0 1.51 25.6 17.0m @ 1.51 g/t
LAD004 6623869 275680 520 90 -60 201.4 DDH 31.0 42.0 11.0 1.34 14.8 11.0m @ 1.34 g/t
46.0 50.0 4.0 0.52 2.1 4.0m @ 0.52 g/t
62.0 67.0 5.0 3.07 15.4 5.0m @ 3.07 g/t
72.0 77.0 5.0 2.74 13.7 5.0m @ 2.74 g/t
81.0 82.0 1.0 0.62 0.6 1.0m @ 0.62 g/t
85.0 90.0 5.0 1.75 8.7 5.0m @ 1.75 g/t
95.0 98.7 3.7 0.92 3.4 3.7m @ 0.92 g/t
103.0 108.0 5.0 2.69 13.4 5.0m @ 2.69 g/t
115.0 120.0 5.0 0.84 4.2 5.0m @ 0.84 g/t
127.0 131.0 4.0 1.03 4.1 4.0m @ 1.03 g/t
137.0 139.0 2.0 0.85 1.7 2.0m @ 0.85 g/t
156.0 158.0 2.0 9.79 19.6 2.0m @ 9.79 g/t
173.0 177.0 4.0 12.67 50.7 4.0m @ 12.67 g/t
180.0 181.0 1.0 0.52 0.5 1.0m @ 0.52 g/t
185.0 190.0 5.0 2.09 10.4 5.0m @ 2.09 g/t
198.0 199.0 1.0 1.50 1.5 1.0m @ 1.50 g/t
LAD015 6623944 275649 521 90 -60 62.7 DDH 1.0 7.0 6.0 1.77 10.6 6.0m @ 1.77 g/t
10.0 12.0 2.0 1.03 2.1 2.0m @ 1.03 g/t
21.0 33.0 12.0 11.20 134.4 12.0m @ 11.20 g/t
40.0 44.0 4.0 1.72 6.9 4.0m @ 1.72 g/t
47.0 53.0 6.0 1.29 7.7 6.0m @ 1.29 g/t
59.0 61.0 2.0 0.68 1.4 2.0m @ 0.68 g/t

Competent Persons Statement

The information in this announcement that relates to exploration results, and the Riverina, Riverina South, Waihi, Golden Eagle, Callion, Sand King and Missouri Mineral Resources is based on information compiled under the supervision of Mr Andrew Czerw, an employee of Ora Banda Mining Limited, who is Member of the Australian Institute of Mining and Metallurgy. Mr Czerw 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 Czerw consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Sand King, Missouri, Riverina, Riverina South, Waihi, Golden Eagle and Callion Mineral Resources are reported in accordance with the JORC 2012 code. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements dated 15 December 2016 (Missouri) and 3 January 2017 (Sand King), 2 December 2019 (Riverina), 4 February 2020 (Waihi), 8 April 2020 (Golden Eagle), 15 May 2020 (Callion), 9 October 2020 (Riverina South) and restated in market announcement “Davyhurst Gold Project - Ore Reserve Update” dated 26 May 2020.

Mineral Resources other than Sand King, Missouri, Riverina, Riverina South, Waihi, Golden Eagle and Callion were first reported in accordance with the JORC 2004 code in Swan Gold Mining Limited Prospectus released to the market on 13 February 2013. Mineral Resources other than Riverina, Riverina South, Waihi, Golden Eagle, Callion, Sand King and Missouri have not been updated to comply with JORC Code 2012 on the basis that the information has not materially changed since it was first reported.

Forward-looking Statements

This Announcement contains forward-looking statements which may be identified by words such as "believes", "estimates", "expects', "intends", "may", "will", "would", "could", or "should" and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this Announcement, are expected to take place.

Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and management of the Company. These and other factors could cause actual results to differ materially from those expressed in any forward-looking statements.

The Company has no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this Announcement, except where required by law.

The Company cannot and does not give assurances that the results, performance or achievements expressed or implied in the forwardlooking statements contained in this Announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements.

Page 15 of 23

JORC CODE, 2012 EDITION – TABLE 1 REPORT TEMPLATE

Section 1 Sampling Techniques and Data

Information for historical (Pre Ora Banda Mining 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 Ora Banda Mining Limited has undertaken extensive infill and confirmation drilling which confirm historical drill results. Sections 1 and 2 describe the work undertaken by Ora Banda Mining Limited and only refer to historical information where appropriate and/or available.

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.		 •
Aberfoyle - RC, RAB and AC drilling with 1m sampling from cyclone (BDRB prefixed holes RAB drilling with 2m sampling). Samples sent to
accredited laboratories for drying, crushing and pulverising. Composite samples assayed by aqua regia/AAS (except in areas of elevated
graphite – Fire assay) and those returning greater that 0.2-0.3g/t were re-assayed as individual metres by Fire Assay to ALS Kalgoorlie
for 50gm charge fire assay with 0.01ppm detection limit. HQ triple DD drilling was halved, 50gm charge fire assay with 0.01ppm
detection limit.
•
Swan Gold - RC samples collected from the riffle or cone splitter directly off rig into calico bags. Splitter maintained on level site to
ensure sample representivity. 1m samples are dried, crushed, pulverised and a 40g charge is analysed by Fire Assay.
•
Roper River Resources - RAB: 1m sampling with blade or hammer. Dried, crushed and pulverised samples analysed by aqua regia/AAS
finish with 25gm charge.
•
Monarch - AC, RAB and RC drilling on 1m sampling basis with RAB samples being composited to 4m for initial analysis by aqua
regia/AAS. Individual AC and RC metres collected from cyclone, riffle split and dispatched for aqua regia/AAS and FA/AAS respectively.
•
Siberia Mining Corporation (SMC) – 1m sampling of AC, RAB and RC drilling composites and individual re-assays dispatched for Fire
Assay.
•
Perilya - 5m composite RAB and Aircore assayed at Analabs Perth by Method P649, 50g Aqua Regia, DIBK, Carbon Rod.
•
Croesus – RC 1m samples collected under cyclone. RAB drilling on a 1m basis. 3.5kg samples were pulverised to make 50g charge for
analysis by Fire assay/ICP Optical Spectrometry.
•
Delta – 1m sampling of AC, RAB and RC. 5m composites dispatched to Genalysis and/or ALS laboratories Kalgoorlie for mixermill prep
followed by aqua regia with 50g charge with 0.01ppm detection limit. Composite assays returning values >= 0.1ppm Au, corresponding
single metre samples were collected and despatched.
•
Ora Banda Mining Limited (OBM) - 1m RC samples using face sampling hammer with samples collected under cone splitter. 4m
composite RC samples collected using a PVC spear from the sample piles at the drill site. For drilling up to April 2020, RC samples were
dispatched for pulverising and 50g charge Fire Assay. 4m composite samples with gold values greater than 0.2 g/t Au were re-sampled
as 1m split samples and submitted to the lab for further analysis. Half-core samples, cut by automated core saw. Core sample intervals
selected by geologist and defined by geological boundaries. Samples are crushed, pulverized and a 40g charge is analysed by Fire Assay.
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		 •
Aberfoyle – No details for early RAB drilling. Later drilling involved RAB drilling using 4-4.25 inch blade or hammer to blade refusal. AC
using 3.5 inch blade RC: 5.25 -5.5 inch diameter face sampling hammer.
•
Croesus – Undocumented details. Presumably industry standard at the time being 5.5inch face sampling hammers for RC and 4 inch
diameter RAB holes.
Criteria JORC Code explanation Commentary
what method, etc). •
Delta - RC: 5.5 inch face sampling hammers. At times a stepped AC bit was used to drill through sand at beginning of hole and changed
to face-sampling hammer when laterite encountered. HQ triple twin DD holes at Lizard. LZD1-3 was oriented.
•
Swan Gold - RC 5.25 inch diameter.
•
Roper River Resources - RAB with blade and/or hammer bit. RC drilling with 5.25 inch diameter face sampling hammer.
•
Monarch – RC drilling 5.5inch diameter with face sampling hammer. RAB 4 inch diameter blade with occasional hammer bit usage. AC
details undocumented.
•
SMC - AC, RAB, RC details undocumented. Presumably industry standard at the time being 5.5inch face sampling hammers for RC and 4
inch diameter RAB holes.
•
OBM – 5.25 to 5.5 inch diameter RC holes using face sampling hammer with samples collected under cone splitter. HQ and HQ3 coring
to approx. 40m, then NQ2 to BOH. Metallurgical and geotechnical core holes drilled using HQ3 exclusively. All core oriented by reflex
instrument.
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.		 •
Delta - Recoveries for resource RC drilling made as a subjective estimate. Recoveries in resource drilling were generally in excess of 70%
(Iguana laterite), 60% (lizard). Poor recoveries occurred outside mineralised zones.
•
OBM - Diamond drill recoveries are recorded as a percentage calculated from measured core against downhole drilled intervals (core
blocks). RC samples are weighed at the laboratory to monitor recoveries.
•
Other operators have not captured recovery data.
•
There is no known relationship between sample recovery and grade.
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.
•
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc) photography.
•
The total length and percentage of the relevant
intersections logged.		 •
Aberfoyle – Logging on 1m basis. Qualitative, Lithology, Oxidation, grainsize. Quantitative: Quartz.
•
Croesus – Qualitative: Lithology, colour, grainsize, alteration, oxidation, texture, structures, regolith. Quantitative: estimates are made
of quartz veining.
•
Delta - Qualitative: Lithology, colour, oxidation, structure, texture, alteration. Quantitative: estimates are made of quartz veining and
minerals.
•
Swan Gold - Qualitative: alteration, colour, grain size, lithology, oxidation, mineralogy, structure, texture, vein style, vein assemblage,
remarks. Quantitative: mineralisation intensity, vein percent.
•
Roper River Resources - Qualitative: Colour, lithology, oxidation, BOCO, Texture, Alteration, minerals, sulphides. Quantitative: Quartz
•
Monarch - Qualitative: Lithology, colour, oxidation, grainsize, texture, structure, hardness, regolith. Quantitative: estimates are made of
quartz veining, sulphide percentages.
•
SMC - Qualitative: Lithology, colour, oxidation, alteration. Quantitative: estimates are made of quartz veining.
•
OBM - Field logging was conducted using Geobank MobileTM software on Panasonic Toughbook CF-31 ruggedized laptop computers.
Qualitative logging: Lithology, colour, oxidation, grainsize, texture, structure, hardness, regolith. Quantitative: estimates are made of
quartz veining, sulphide and alteration percentages. Core photographed both wet and dry. Magnetic susceptibility and RQD were also
recorded for core holes.
•
All holes were geologically logged in their entirety to a level of detail to support mineral resource estimation.

Criteria JORC Code explanation Commentary

Criteria JORC Code explanation Commentary
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.		 •
Aberfoyle – Early (~1990) drilling 2m samples composited to 6m by undocumented method. Results returning >0.2g/t resampled on a
2m basis. Subsequent drilling: RAB/AC: 2m surface composites and 4m composites thereafter. RC: 1m samples riffle split and
composited to 4m samples. Composites assays returning greater than 0.2g/t re-sampled on a metre basis.
•
Croesus – RAB: Drill samples were collected in buckets below a free standing cyclone and laid out at one metre intervals in rows of tens
adjacent to the drill collar. Composite analytical samples (~3.5kg) were initially collected over 5m intervals for each hole and a 1m
bottom of hole analytical sample. Analytical composite samples were formed by taking a representative scoop through each one metre
drill sample. Composite assays returning greater than 100ppb Au were resampled on an individual basis by an undocumented method.
RC drill samples were riffle split at 1m intervals off the rig into calico bags whilst excess material was placed on the ground in 1m piles
for logging. The analytical samples were dried, crushed and split to obtain a sample less than 3.5kg, and then fine pulverised prior to a
50gm sample being taken for analysis.
•
Delta - RC samples collected on 1m intervals via a cyclone into green plastic bags. Each bag was riffle split if dry to a 2-3kg sample and
retained on site. A PVC spear sample was taken from residues to create a 5m composite. If composites returned values >= 0.1g/t ,
geologically interesting or had elevated arsenic levels, the original 1m splits were collected and submitted. Original wet samples were
split at this stage using wet triple riffle splitter, washed between samples. Wet samples were rare and usually outside of main
mineralisation. RAB: Typically 1m samples were composited to 5m (occasionally 10m) by PVC spear. Significant assay results were re-
submitted on a single metre basis. DD: Core was halved. Sample length typically 1m.
•
Swan Gold - RC samples riffle split into calico bags. Wet or moist samples are noted during sampling. Core was cut with diamond saw
and half core sampled. All mineralized zones are sampled, including portions of visibly un mineralised hanging wall and footwall zones.
Sample weights range from >1kg to 3.5kg. Samples weighed by laboratory, dried and split to <3kg if necessary and pulverized by LM-5.
Field duplicates, blanks and standards were submitted for QAQC analysis.
•
Roper River Resources - RAB and RC holes were composited to 6m and 4m respectively with anomalous zones of Ni or Au being re-
submitted on a meter basis.
•
Monarch - RAB: 2-4m composites scoop sampled. AC and RC 1m splits via riffle splitter. RAB samples were composited to 4m by scoop
for initial analysis. Samples were riffle split and prepared with single stage mix and grinding.
•
SMC - RAB samples were collected at 1m intervals from the drill hole collar using a plastic bucket and laid on the ground. A scoop
sample was taken from each sample to form 4m or 5m composite. AC: predominately 4m composite samples. Methods unknown. RAB
samples were collected at 1m intervals from the drill hole collar using a plastic bucket and laid on the ground. A scoop sample was taken
from each sample to form a 5m composite. AC: predominately 4m composite samples; RAB: predominately 5m composite samples
•
OBM – RC samples were submitted either as individual 1m samples taken onsite from cone splitter or as 4m composite samples speared
from the onsite drill sample piles. Half core samples, cut by saw. Core sample intervals selected by geologist and defined by geological
boundaries. For drilling up to April 2020, RC samples were dried, crushed, split, pulverised and a 50gm charge taken. 4m composite
samples with gold values greater than 0.2 g/t Au were re-sampled as 1m split samples and submitted to the lab for further analysis.
Field duplicates, blanks and standards were submitted for QAQC analysis.
•
Repeat assays were undertaken on pulp samples at the discretion of the laboratory.
Quality of
assay data
and		 •
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, theparameters used in		 •
Aberfoyle – RC/RAB: composites assayed by aqua regia AAS. Composites returning >0.2-0.3g/t Au re-submitted as one metre samples
by 50g charge Fire Assay.AC: composites by 50g charge Fire Assay. Composites returning >0.2-0.3g/t Au re-submitted as one metre
samples for FA again. In areas of elevated graphite (Burke Dam), RC composites were assayed by 50g FA. Assayed at Genalysis.
Criteria JORC Code explanation Commentary
laboratory
tests		 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.		 •
Croesus – 50g charge analysed for gold (Fire assay/ICP Optical Spectrometry) by Analabs Kalgoorlie for RC and Ultratrace Perth for RAB.
Lab repeats at discretion of laboratory.
•
Delta - RC and RAB. 5m composites dispatched to Genalysis and/or ALS laboratories Kalgoorlie for aqua regia with 50g charge with
0.01ppm detection limit. Composite assays returning values >= 0.1ppm Au, corresponding single metre samples were collected and
despatched to ALS Kalgoorlie for 50gm charge fire assay with 0.01ppm detection limit. Core despatched to Genalysis Kalgoorlie for 50gm
charge fire assay with 0.01ppm detection limit. Standards of an undocumented provenance and locally (un-certified) sourced blanks
inserted but frequency undocumented. 1 in 20 pulp duplicate frequency. Blind pulp re-assays performed. SWAN GOLD - Samples were
sent to Kalgoorlie Assay Laboratories to be analysed for gold by 40grm fire assay. Samples were also analysed at Genalysis. Certified
reference material standards were submitted. Field duplicate samples taken at rate of 1:40.
•
Roper River Resources - 25gm sample by aqua regia/AAS finish at MiniLab Kalgoorlie. Lab repeats at discretion of laboratory.
•
Monarch – RAB and AC: Assayed by aqua regia/AAS with 10ppb detection limit. RC: 50g charge FA/AAS at SGS Kalgoorlie.
•
SMC – Fire Assay, undocumented charge and laboratory.
•
Swan Gold – RC assays by 40gm fire Assay, AAS finish at Kal Assay.
•
OBM – All samples were sent to an accredited laboratory (Nagrom Laboratories in Perth, Intertek-Genalysis in Kalgoorlie or SGS in
Kalgoorlie). The samples have been analysed by firing a 50gm portion of the sample. This is the classical fire assay process and will give
total separation of gold. An ICPOES finish is used. Commercially prepared standard samples and blanks are inserted in the sample
stream at a rate of 1:12. Sizing results (percentage of pulverised sample passing a 75μm mesh) are undertaken on approximately 1 in 40
samples. The accuracy (standards) and precision (repeats) of assaying are acceptable. Standards and blanks were inserted into the
sample stream at a rate of approximately 1:12. Duplicates were submitted at a rate of approximately 1:30.
•
Fire assay is considered a total technique, Aqua Regia is considered partial.
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.		 •
Holes are not deliberately twinned.
•
Delta drilled twinned holes at Lizard (LZD1-3).
•
Monarch Gold Mining Company Ltd; Geological and sample data was logged digitally and .csv or .xls files imported into Datashed SQL
database with in-built validation. Samples bags were put into numbered plastic bags and then cable tied. Samples collected daily from
site by laboratory.
•
SWAN GOLD - Geological and sample data logged directly into field computer at the core yard using Field Marshall. Data is transferred to
Perth via email and imported into Geobank SQL database by the database 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. Data entry,
verification and storage protocols for remaining operators is unknown.
•
OBM - Geological and sample data logged directly into field computer at the drill rig or core yard using Field Marshall or Geobank
Mobile. Data is transferred to Perth via email and imported into Geobank SQL database by the database 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.
•
Monarch Gold Mining Company Ltd; Geological and sample data was logged digitally and .csv or .xls files imported into Datashed SQL
database with in-built validation. Samples bags were put into numbered plastic bags and then cable tied. Samples collected daily from
site by laboratory.
•
Data entry, verification and storage protocols for remaining operators is unknown.
Criteria JORC Code explanation Commentary
•
No adjustments have been made to assay data.
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.		 •
Aberfoyle – All drilling is un-surveyed. Collars located on AMG Zone 51 Grid utilised.
•
Croesus – TGRC holes were collar surveyed in AMG Zone 51 Grid. No downhole surveys.
•
Delta - All drillholes used for resource definition surveyed by Minecomp. All post 1993 RC and DD holes downhole surveyed using EMS
or Eastman single shot where possible. Where not possible, data from proximal holes was used. LAD and LZC, LZD, LAC, and selected G
prefixed holes downhole surveyed by undocumented method approximately every 10m. Many RAB holes appear to be collar surveyed.
AMG Zone 51 Grid utilised except for holes in the Nyborgs region were a local grid (Lady Ida) was utilised.
•
SWAN GOLD - Collars were surveyed by DGPS in MGA Zone 51. No downhole surveying performed.
•
Roper River Resources - No surveys post drilling. AMG Zone 51 Grid utilised.
•
Monarch - RC and some AC collars surveyed by DGPS. All remaining holes surveyed by GPS. MGA Zone 51 Grid utilised. IGRC holes were
downhole surveyed by EMS every 5m. RC drilling was surveyed by Electronic Multishot on selected holes.
•
SMC - No evidence of post drilling surveys, MGA Zone 51 Grid utilised.
•
OBM (RC, DD) MGA94, zone 51. Drill hole collar positions were picked up by a contract surveyor using RTKGPS subsequent to drilling.
Drill-hole, downhole surveys are recorded every 30m using a reflex digital downhole camera. Some RC holes not surveyed if holes short
and/or drilling an early stage exploration project. Diamond drillholes completed in 2019 and 2020 by OBM were surveyed using a Gyro
tool.
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.		 •
Exploration results are reported for single holes only.
•
Data spacing highly variable from wide spaced ~800m x ~80m regional RAB to close spaced resource drilling ~10m x ~10m and grade
control drilling at ~5m x ~5m.
•
Drill hole spacing is adequate to establish geological and grade continuity for the deposits that currently have resources reported.
•
Drill intercepts are length weighted, 0.5g/t lower cut-off, not top-cut, maximum 2m internal dilution.
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.		 •
Deposits in the Lady Ida zone are generally oriented on North-Northwest to North West trends. Once the orientation of mineralisation
was established drilling was mostly oriented towards 90o with Iguana grade control oriented towards 45o.
•
Drilling of Laterite deposits is almost exclusively vertical in nature.
•
It is unknown whether the orientation of sampling achieves unbiased sampling, though it is considered unlikely.
•
OBM – RC drilling at Iguana is all inclined at between -50 and -60 degrees towards the east (90 o). Mineralisation at Iguana is steep
dipping to the south west.
Sample
security		 •
The measures taken to ensure sample security.		 •
Unknown for all drilling except for the following;
•
Monarch; Sample calicos were put into numbered plastic bags and cable tied. Any samples that going to SGS were collected daily by the
lab. Samples sent to ALS were placed into sample crates and sent via courier on a weekly basis.
•
SWAN GOLD - Samples were 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 laboratory via their LIMS.
Criteria JORC Code explanation Commentary
•
OBM - Samples were bagged, tied and stored in a secure yard on site. Once submitted to the laboratories they are stored in cages
within a secure fenced compound. Samples are tracked through the laboratory via their LIMS.
Audits or
reviews		 •
The results of any audits or reviews of sampling
techniques and data.		 •
OBM has reviewed historic digital data, particularly from Iguana deposit, and compared it to hardcopy and digital (including Wamex)
records.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary Commentary Commentary
Mineral tenement
and land tenure
status		 •
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or
national park and environmental settings.
•
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.		 •
All tenur
TENEMENT HOLDER Expiry/Death Date
E16/474,
E16/475,
M16/268		 CARNEGIE GOLD PTY LTD. 26/1/2022
4/10/2025
9/08/2022
E16/344,
E16/456,
M16/262,
M16/263,
M16/264,		 SIBERIA MINING CORPORATION PTY LTD 28/4/2022
10/07/2024
11/3/2041
11/3/2041
11/3/2041
Exploration done
by other parties		 •
Acknowledgment and appraisal of exploration
by other parties.		 •
Drilling, sampling and assay procedures and methods as stated in the database and confirmed from Wamex reports and hard copy
records are considered acceptable and to industry standards of the time. There is sufficient understanding of drilling, sampling and assay
methodologies for the majority of drilling in the Lady Ida area. OBM is confident that previous operators completed work to standards
considered acceptable for the time. As part of any resource upgrade, OBM will commit to additional drilling to confirm the style, widths
and tenor of mineralisation at each deposit.
Geology •
Deposit type, geological setting and style of
mineralisation.		 •
The project is located along the inferred trace of the Ida Fault, a north-south trending deep seated crustal structure juxtaposing
batholithic granites and subordinate basalt and BIF of the Southern Cross Province against greenstones of the Eastern Goldfields
Province (EGP). The EGP sequences are metamorphosed to amphibolite facies and dominated by tholeiitic to komatiitic basalts,
tremolite-chlorite rich ultramafics and psammitic to pelitic sediments. The regional stratigraphy trends north-northwest, sub-parallel to
the Ida Fault,and the regional dipis sub-vertical. Fluidpathways are suggested bythepresence of two resources defined at Iguana and
Criteria JORC Code explanation Commentary
Lizard and broad zones of anomalous soil geochemistry along the length of the Python and Reptile Shears. The structural complexity of
the area, including inferred thrusts, fault splays and crosscutting shears, presents good potential for additional trap sites.
•
The resource at Iguana is dominantly hosted in a highly sheared, silica-muscovite-carbonate altered, tholeiitic metabasalt and sediments
of lower to mid amphibolite facies. Mineralisation is intimately associated with pyrite and arsenopyrite. It is interpreted as being
controlled by imbricate thrusts contained between two north-south trending faults. Ultramafic units lie to the west and east of the
mafic-sedimentary package. Post mineralization pegmatite dykes attain considerable thickness in places and stope out mineralisation.
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.		 •
See list of drill intercepts.
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.		 •
Original assays are length weighted. Grades are not top cut. Lower cut off is nominally 0.5g/t. Maximum 2m internal dilution.
•
Metal equivalents not reported.
Relationship
between
mineralisation		 •
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		 •
Intercept widths are down hole lengths. True widths are not reported given the varying orientation of drilling and mineralisation at each
deposit/prospect mentioned in the report.
Criteria JORC Code explanation Commentary
widths and
intercept lengths		 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 geometry of the mineralisation at Iguana is approx. NW-SE and steep SW dipping. Drilling is dominantly oriented E-W which is not
optimal, though adequate for the strike of mineralisation.
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.		 •
See plans and cross-sections.
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.		 •
The location of drill hole intersections is shown on the plans and 2D/3D diagrams and are coloured according to grade to provide context
for the highlighted intercepts.
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.		 •
Iguana has no known reported metallurgical issues. Primary ore was previously mined by Delta in early 2000’s with ore treated at
Greenfields processing plant in Coolgardie. Reconciliation figures are unknown.
•
As part of ongoing resource development activities, a comprehensive program of metallurgical drilling will be undertaken.
Further work •
The nature and scale of planned further work
(eg 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.		 •
Additional drilling followed by resource estimation at Iguana.
•
Assessment of all regional data to develop new exploration targets.

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