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ORBMINCO LIMITED — Capital/Financing Update 2019
Nov 20, 2019
65473_rns_2019-11-20_2e402101-cacd-4477-84db-9330bd559856.pdf
Capital/Financing Update
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Woomera Mining Limited
Suite 116, 147 Pirie St Adelaide SA 5000 [email protected] www.WoomeraMining.com.au
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21 November 2019
ASX Announcement
Woomera Commences Two Phase Exploration Program at Mount Venn
Highlights
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Woomera commences two phase exploration program at Mt Venn Gold Project
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1st phase drilling program commences at Three Bears to test the extension of gold mineralisation over zones 1.5 Km to the north and 1km to the south along the Jutson Shear
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Previous RC and AC drilling indicates a 4km north-south mineralised zone with an envelope of semicontinuous mineralisation
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2nd phase drilling program to follow in 1[st] Quarter 2020 at prospective Chapmans Reward and Lang’s Find Prospects following ethnographic clearances and receipt of exploration plan approval
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Mount Venn greenstone belt is associated with the Yamarna Shear and is close to Gold Road Resources (ASX:GOR) Gruyere gold deposit (Mineral Resource of 155.4Mt @ 1.32 g/t for 6.61Moz – GOR Announcement 13 Feb 2019) located in the neighbouring Dorothy Hills Greenstone Belt.
Woomera Mining Limited (ASX: WML) is pleased to announce the commencement of its two-phase exploration program at its newly acquired Mt Venn Gold Project.
The first phase will focus on a 120 hole aircore drilling program at the Three Bears Prospect which is scheduled to commence on Monday 25 November 2019. The program is designed to test the northern and southern extents of a mineralised zone at the Three Bears prospect that was partially delineated by 158 AC and 21 RC drill holes during previous drilling programs (Figure 1 & Figure 2).
First Phase - Three Bears Drilling Program
Woomera’s drilling program at the Three Bears Prospect is designed to test the geochemical anomalies that appear to be associated with an ultramafic contact coincident with cross cutting structures visible in the magnetic data. A 3D view of the drill hole locations and gold assays is shown in Figure 3. Although the drilling has been predominantly shallow aircore over widely spaced lines (200m), this view shows a coherent trend of elevated gold assays over a strike length of approximately four kilometres. The first phase of the drilling program has been designed to test for continuation of the mineralised zone to the north and south as shown in Figure 2.
Figure 4 shows the 200ppb Au isosurface created using a 3D Kriging gridding method. The accuracy of the gridding results is limited by the wide spaced lines and the predominantly shallow aircore holes. However, when capped at a depth of 200m the 200 ppb Au isosurface envelope has a volume of over 20 million cubic metres.
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Woomera is encouraged by the results to date and considers there to be good potential for extending the known zone of mineralisation to the north and south at Three Bears.
Woomera has also been successful in its application for co-funding from the WA Government for its exploration drilling program for the Mt Venn Project (refer WML ASX announcement 14 November 2019). The co-funding grant received by Woomera of $150,000 will be applied towards the drilling costs of the Mt Venn Gold Project, in conjunction with its own funds, which will significantly increase its exploration spend.
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Figure 1 – Mt Venn project tenements & drill locations Figure 2 - RC & AC drill hole collars
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Figure 3 – 3D view of RC and AC drilling results at Three Bears
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Figure 4 – 200 ppb Au isosurface from 2017-18 drilling program
Second Phase – Lang’s Find & Chapman’s Reward Drilling Program
Three Bears is one of eleven strong targets in the Mount Venn project area. The Lang’s Find and Chapman’s Reward Prospects are equally compelling targets and will be the immediate focus of the second phase of the Mt Venn Exploration Program in the 1[st] Quarter 2020, with the exact commencement and timing of which to depend upon the results of the first phase of the drilling program and the availability and resources to finance and support the program.
Although the Company had planned to commence drilling at Lang’s Find and Chapman’s Reward this calendar year, the Company has been working steadily in the background on various native title matters with the aim of now commencing the drilling in the new calendar year. To date, the Company has negotiated and executed a Deed of Assignment and Assumption with Cazaly Resources Ltd as required by the Land Access Deed with the Yilka Talintji Aboriginal Corporation, made arrangements for a heritage survey with the Yilka and also obtained the formal consent of the Yilka for the Joint Venture with Cazaly.
Woomera is also currently negotiating with the Yilka to extend the drilling program to the Chapman’s Reward prospect which lies within the area that was recently amalgamated into E38/3111 (WML ASX announcement 30 July 2019) and the VHMS target at Rutter's North. Negotiations with the Yilka to extend the drilling program are progressing well.
Subject to ethnographic clearances and the receipt of exploration plan approval, Woomera anticipates that the second phase of the current drilling program will commence as soon as possible in the New Year and in any event during the first Quarter of 2020.
Woomera is currently examining the technical data for Lang’s Find and Chapman’s Reward to narrow down the specific drill targets and finalise the wider exploration program. The Company will provide further details to the market of the finalised drill program once that process has completed.
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Figure 5 – Location of Mount Venn gold project
About the Mount Venn Gold Project
The Mt Venn Project is 100% owned by Yamarna West Pty Ltd, which became a wholly owned subsidiary of WML on 20 September 2019 (ref: WML ASX Announcement 20 September 2019).
The project consists of two Exploration Licences covering approximately 400 square kilometers in the Eastern Goldfields region of Western Australia in the Yilgarn Craton (refer Figure 5).
The Mt Venn Project covers part of the Yamarna Greenstone Belt which has recently become well known through the publicised exploration successes of Gold Road Resources Ltd and Goldfields Australia Ltd. Prior to this, historic work within the project has been sporadic and mostly for copper, nickel and platinum group metals. Reconnaissance gold sampling was undertaken in the 1990’s by Elmina NL and has shown significant gold anomalism associated with the Jutson shear zone similar to that of the adjacent Yamarna and Dorothy Hills shears that host the Gruyere gold deposit (Figure 6). Follow up auger drilling by Global Metals Exploration NL confirmed the presence of an extensive gold system, including 12m @ 1.13/t gold from 32m at the Three Bears prospect. Yamarna West targeted gold and base metals with a combination of AC and RC drilling during 2017 and 2018, primarily at the Three Bears prospect, and successfully delineated a mineralized zone which extends north-south for approximately four kilometers (Figure 3 and Figure 4).
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Figure 6 – Gold in soil anomalies Jutson and Yamarna shear zones
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Location and Access
The tenements are located 125km northeast of Laverton and lie within the Yilka Talintji Aboriginal Reserve and Native Title Determination. A Mineral Exploration and Land Access Deed of Agreement has been executed between Yamarna and the Yilka Talintja Aboriginal Corporation.
The project area covers 40 contiguous kilometers of the NNW striking Yamarna Greenstone Belt, averaging 9km in width, from Mt Cumming in the north to Mt Grant in the south (Figure 7).
Access to the Mt Venn Project is via the Great Central Highway (Laverton to Warburton route) which runs through the Three Bears prospect of the project area.
The establishment of Gold Road Resources Ltd’s (ASX:GOR) Gruyere gold mine (155.4 Mt @ 1.32 g/t Au for 6.61M oz., GOR announcement, 13 February 2019) just 30 km west of Woomera’s Mount Venn project has made significant improvement to the logistics of exploring in this remote region and Woomera is grateful for the logistical assistance that is being provided by Gold Road for its forthcoming drilling program.
Previous Exploration
The first exploration activity was recorded at Rutter Soak (on E38/3111) in 1894 and then reports by the Geological Survey of Western Australia following field trips in 1906 and 1918. The first discovery of gold was officially reported in 1923 by the State Prospecting Party which reported gold assays of up to 201 g/t from samples taken from historic pits. From 1925, a total of 26.65 ounces of gold was recovered from 15.24 tonnes of ore at an average grade of 54.39 g/t gold from Chapman’s Reward (ref WML ASX Announcement 30 July 2019).
No further exploration was recorded until 1969 when International Nickel Australia Ltd and Kennecott Explorations (Australia) Pty Ltd carried out comprehensive programs for nickel over several years.
In more recent times Elmina NL , Helix Resources Ltd and Global Metals Exploration NL conducted surficial geochemical reconnaissance which revealed strong gold anomalism along the trend of the Jutson Shear zone as shown in images of Figure 6, Figure 7 and Figure 8.
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Figure 7 – Mount Venn geology and prospect locations
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Figure 8 – Gold in soil anomalies over Mt Venn project area
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Figure 9 – Gold in auger anomalies over Mt Venn project area
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Figure 10 – Gold in soils over Three Bears prospect
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Figure 11 - Gold in auger samples over Three Bears Prospect
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Contact
Gerard Anderson Managing Director Woomera Mining Limited +61 8 8232 6201 [email protected]
Peter Taylor Investor Relations 0412 036 231 [email protected]
About Woomera Mining Limited
Woomera Mining Limited ( Woomera ) is an ASX listed exploration company based in Adelaide, South Australia with an extensive mineral tenement portfolio prospective for Gold, Copper, Lithium, Uranium, Iron Ore, Nickel and Cobalt. The Woomera tenement package includes tenements prospective for gold and nickel-copper in the Mt Venn Greenstone Belt in Western Australia ( Mt Venn Gold Project ) and tenements prospective for nickelcopper-cobalt in the Musgrave Province of South Australia ( Musgrave Alcurra-Tieyon Project ). The Company also has tenements in the Gawler Craton which are considered prospective for IOCGU deposits, Cu-Ni-Co deposits, Rare Earth and Precious Metals. Woomera’s tenement portfolio also includes granted tenements and tenement applications in Western Australia including 2 tenements and 1 tenement application in the Pilbara region of WA ( Pilgangoora Lithium Project ), 3 lithium tenements near Ravensthorpe ( Mt Cattlin Lithium Project ), 2 lithium tenements at Lake Cowan and a tenement covering a lithium brine prospect at Lake Dundas in Western Australia.
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ANNEXURE 1.
JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
| 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. |
• 24 reverse circulation (RC) drill holes for 3,147m, 116 air core (AC) drill holes for 4,995m and 138 rotary air blast (RAB) drill holes for 2,546m were completed by Yamarna West Pty Ltd (YAM) to variable depths. • All sampling was conducted using Cazaly Resources Ltd (CAZ) protocols including industry best practice QAQC procedures including duplicates and standards. • RC samples were collected in 1 metre intervals from a rig mounted cyclone with attached cone splitter. The dry samples were split into a bulk sample (green bag) and a representative 3kg split (calico). All 1 metre samples were lined up in rows of 20 beside the hole. Damp or wet samples were collected in green bags and spear/scoop sampled. • Composite samples were collected from each 1metre bulk green bag using a sample spear to ensure a representative sample was combined from 2-4 metre intervals, depending on the geologist’s instructions. In some intervals, only 1 metre cone split representative samples were collected for analysis. • RAB and AC samples were collected off a rig mounted cyclone in buckets and placed on the ground beside the hole in 10 sample rows. Composite samples consisting of representative scoop samples were collected from the sample piles in 1-4 metre intervals, depending on the geologist’s instructions. • 3kg composite samples were sent to Bureau Veritas in Perth, sorted, crushed and pulverized to -75μm, split to produce a 40g charge for either Fire assay (RC) or Aqua Regia digest (RAB, AC) analysis for gold. Samples were also analysed for Al, Fe, Mn, V, Ag, As, Ba, Bi, Co, Cr, Cu, Mo, Ni, Pb, Sb, Sc, Te, Tl, W and Zn by ICP and OES or MS finish. • 21 Grab rock chip samples from surface outcrops were completed byYAM |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Drilling techniques |
• Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc). |
• RC drilling by YAM utilized a face sampling percussion hammer with 51/2inch bits • AC drilling by YAM utilized a face sampling blade or hammer bit with a nominal hole diameter of 80mm • RAB drilling by YAM utilized a blade bit and open hole sample collection method with a nominal hole diameter of 80mm |
| 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. |
• YAM RC, AC and RAB drill recoveries were visually estimated. • All RC samples were dry and no significant ground water was encountered. Sample recovery was estimated to be good. Some sample loss was encountered at the top of hole • YAM AC and RAB sample recovery was mostly estimated to be good. Some wet samples were encountered in RAB drilling at the bottom of hole. These are <1% of samples collected and were recorded in geological logs. • Drill cyclones were cleaned regularly |
| 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. |
• All YAM drill chips were geologically logged on site by geologists following the CAZ logging scheme. • Logging recorded depth, colour, lithology, texture, mineralogy, mineralization, alteration and other features. • All YAM drill holes were logged in full |
| Sub-sampling techniques and sample preparation |
• If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. |
• YAM 1 metre RC drill samples fall through a rotary cone‐splitter directly below the rig mounted cyclone. A 2‐3 kg sample is collected in an pre‐numbered calico bag, and lined up in rows with the corresponding plastic bag. The majority of samples were dry, wet or dry samples were appropriately recorded. • YAM AC and RAB 1metre drill samples were laid out on the ground in 10 metre rows. A 2-4 metre composite sample (2‐3 kg) was collected using a metal scoop, into pre‐ numbered calico bags. The majority of samples were dry, wet or dry samples were appropriately recorded. • Duplicate field sample composites were collected in YAM RC drilling at the rate of 2 samples per hole • Appropriate sampling protocols were used during YAM RC, AC and RAB composite sampling. These included scoop or spear collection at various angles through bulk 1 metre sample bags orpiles to maximize |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| representivity. | ||
| Quality of assay data and laboratory tests |
• The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. |
• All YAM RC samples were analysed using a 40g charge Fire Assay with an AAS finish which is industry standard for gold analysis. A 40g aqua regia digest with an MS finish has been used for AC and RAB samples which is industry standard for low level gold analysis. This is considered a partial digest Technique however in weathered samples it is considered to approximate a total digest assay. • Samples were also analysed for Al, Fe, Mn, V, Ag, As, Ba, Bi, Co, Cr, Cu, Mo, Ni, Pb, Sb, Sc, Te, Tl, W and Zn by ICP and OES or MS finish. • Field duplicate samples were submitted with each sample batch at a rate of 1 per 25 samples. The laboratory inserted standards, blanks and duplicate samples. Results are within tolerable limits |
| 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. |
• All YAM data has been checked internally by senior CAZ staff • CAZ is yet to collect 1m splits within significant composite sample intercepts for assay. Duplicate composite samples show repeatable values with acceptable tolerances within significant intercepts where available • Field data is collected using Field Marshal software on Toughbook computer. The data is validated using Micromine software in the office. • No adjustment to assaydata has been made |
| 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. |
• All YAM location points were collected using handheld GPS in MGA 94 – Zone 51 |
| 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. |
• YAM RC drill holes were drilled at varying spacing from 40m to 100m depending on the target and geology. AC and RAB drilling were drilled at 100m x 150m and 100m x 50m depending upon the targeting and the geology. This AC/RAB spacing was utilized for first pass testing of targets. Further RC drilling is considered necessary before being of sufficient density for Mineral Resource estimation • Four metre composite samples have been collected for YAM RC drilling via spearing. Four metre composite samples have been collected for RAB/AC drilling using a metal scoop |
| Orientation of data in |
• Whether the orientation of sampling achieves unbiased sampling of possible structures and |
• YAM RC drilling at -60 degrees towards the west(270)has appeared to confirm the |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| relation to geological structure |
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. |
interpreted east dipping stratigraphy minimizing lithological bias. RC drilling is considered sufficient to confirm primary mineralized structure orientation dipping to the east. AC/RAB drilling is not sufficient to confidently predict orientation of structural mineralisation • No sampling bias is identified in the YAM RC drill data |
| Sample security |
• The measures taken to ensure sample security. | • YAM RC samples were delivered by CAZ staff directly to the laboratory depots in Leonora and Kalgoorlie. The laboratory managed secure transport of samples from regional depots to the Perth laboratory |
| Audits or reviews |
• The results of any audits or reviews of sampling techniques and data. |
• YAM Data is audited and reviewed in house using Datashed and Micromine as well as visual audits bysenior staff. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Mineral tenement and land tenure status |
• Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. |
• All drilling in this report is located within granted E38/3111, which is held 100% by CAZ through wholly owned subsidiary company Yamarna West Pty Ltd (YAM). YAM signed an Access Agreement for exploration with The Yilka Native Title Claimant group and the Cosmo Newberry Community. These groups have Native Title over the area through a registered claim and Cosmo Newberry Aboriginal Reserve. • The tenement is in good standing with no known impediments |
| Exploration done by other parties |
• Acknowledgment and appraisal of exploration by other parties. |
• Historic holders of the Project area include Global Metals Exploration NL, Elmina NL, Asarco Exploration Company and Kilkenny Gold NL • 86 RAB holes for 2,181m, 54 AC drill holes for 1,594m and 41 RC drill holes for 6,768m was undertaken by Global Metals Exploration in 2011-12 which highlighted gold mineralization in shallow weathered basement at the “Central” prospect known today as “Three Bears” • Elmina, Asarco and Global Metals geochemical sampling included 4,644 auger samples, 453 rock chip samples and 7,135 soil samples which has identified a number of othergold and base metal anomalies |
| Geology | • Deposit type, geological setting and style of mineralisation. |
• Orogenic Archean gold mineralization associated with major shears is targeted at the Mt Venn Project. Base metal mineralization is also targeted. The geology of the mineralization is not yet known due to the lack of information collected to date. |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| 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 holecollar o elevation or RL (Reduced Level –elevation above sea level in metres) of the drill hole collar o dip and azimuth of the holeo down hole length and interceptiondepth 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. |
• Refer to tables and body of text within this announcement for drill hole locations and results. • Low level geochemical information has been used from YAM and historic drilling to help identify trends or the “footprint” of gold and base metal mineralization. This is summarized in figures and maps and considered appropriate. • A nominal 0.2g/t gold and 0.02% Zn, 0.02% Cu and 1g/t Ag lower cut-off has been used and reported as significant in the context of the first pass drilling at a grassroots stage of exploration. |
| 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. |
• No top cuts have been applied when reporting results • First assay from the interval is reported (Au1) • Aggregate sample assays are calculated using a length weighted average • Significant RC assay results have been reported based on >0.10g/t Au, 0.02% Cu, 0.02% Zn and 1g/t Ag. • Significant AC/RAB assay results have been reported based on >0.10g/t Au, 0.02% Cu, 0.02% Zn and 1g/t Ag • A representative "gram metre" value has been calculated and presented in parts of the report using industry standard calculations based on "g/t gold x metre interval" aggregate over an anomalous intercept length. This intercept is based on plus 0.10g/t Au, 0.02% Cu, 0.02% Zn and 1g/t Ag values and contains no more than one interval of waste. This representation of grade is considered appropriate for the style of mineralisation. • No metal equivalent values are reported |
| Relationship between mineralisation widths and intercept lengths |
• These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’). |
• Mineralisation intersected in YAM RC drilling appears oblique to the orientation of the drill holes. Reported mineralization down hole is considered to be closely representative of true widths. However, more information is required to confirm true width of mineralization. • Orientation of mineralisation intersected in YAM RAB/AC drilling is not known and therefore true widths of mineralization is not known |
| Diagrams | • Appropriate maps and sections (with scales) and tabulations of intercepts should be includedfor any significant discovery |
• Refer to Maps, Figures and Diagrams in the document |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. |
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| 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. |
• All YAM drill hole locations are reported and a table of significant intercepts is provided in previous ASX announcements by then parent company Cazaly Resources Ltd (ASX: CAZ) |
| 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. |
• All meaningful and material information is reported here and in previous ASX announcements by then parent company Cazaly Resources Ltd (ASX: CAZ) |
| 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. |
• Further Heritage Survey, drilling, ground geophysical surveys, geological mapping and prospecting is being planned and is expected to commence within Q4 2019 |
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