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ORE RESOURCES LIMITED — Capital/Financing Update 2018
Mar 5, 2018
65504_rns_2018-03-05_9b45776d-9c9a-4693-94e1-884513accd2f.pdf
Capital/Financing Update
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6 March 2018 Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
Auroch acquires two high-grade zinc projects in world class Australian base metals region
Highlights
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The Arden Zinc Project ( Arden ) has the potential to host large-scale zinc, lead, copper and cobalt stratiform sedimentary exhalative (SEDEX) deposits
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Large 710km[2] Exploration Licence (EL) already granted with several key mineralised targets already identified within the tenure
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Multiple assays of between 9-10% zinc and 0.1% cobalt in historic trench-sampling at the Arden target over a strike length of 1.5km, with a total strike length of the prospective geological unit of over 10km
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Up to 2.5% cobalt[1] from recent sampling at the Kanyaka target within the Arden Project
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The Arden Project is supported by excellent infrastructure including rail, sealed roads and grid power
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The Bonaventura Zinc Project ( Bonaventura ) covers highly prospective geology and historic mines along 30km of strike of the regional-scale Cygnet-Snelling Fault
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Previous drilling at Bonaventura hit high-grade zinc intersections, including:
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16m @ 3.4% Zn and 0.7% Pb from 52m (including 6m @ 6.3% Zn )
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11m @ 3.1% Zn and 1.5% Pb from 26m (including 1m @ 8.0% Zn )
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Samples from the historic Kohinoor gold mine returned grades up to 28 g/t Au
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The Bonaventura Project has several high-grade zinc (base-metal) and gold targets that are drill-ready
Auroch Minerals Limited ( Auroch or the Company ) is pleased to announce it has entered into binding agreements the effect of which is that Auroch will acquire 90% of the tenement known as the Arden Zinc Project ( Arden Project ) and 100% of the tenement known as the Bonaventura Zinc Project
1 Semi-quantitative assay using a portable XRF device
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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(Bonaventura Project ) located in the world-class base-metal mining region of South Australia, subject to shareholder approval.
Auroch Executive Chairman Glenn Whiddon commented : “The Arden Project and Bonaventura Project in South Australia comprise a substantial zinc, lead and copper play supported by excellent infrastructure. The projects cover several historical mines and provide multiple targets. This acquisition provides Auroch with multiple drill-ready targets for large scale base-metal mineralisation that will be systematically evaluated in 2018”.
Arden Project
Tenure & Location
The Arden Project is located 35 kilometres to the nor-northeast of Quorn, approximately 3.5 hours’ drive north from Adelaide along highways and sealed roads. The project comprises a large exploration licence (EL) of 710km[2] and has predominantly been cleared for farming comprising light grazing and some crops. The railway passes just to the south of the tenement, and there are several port options relatively close-by, as well as Nyrstar’s large base-metals smelter and refinery in Port Pirie. Grid power is available, and telecommunications are good.
Historical Workings
The Arden Project contains several small historic mines for zinc, lead, copper, iron and manganese that were worked at various times between 1850 and 1920. Between 1966 and 1972, Kennecott (Rio Tinto Group) undertook zinc mining and exploration. During this time Kennecott delineated over 10km of strike of potential Sedex zinc mineralisation via trenching, resulting in anomalous zinc intersections up to 40m wide . However, only 200m of the 10km of strike was drill-tested by 4 holes (450m) in 1968, and none of the holes reached the target depths to test for primary sulphide mineralisation.
Since 1980 the Arden Project area has been the focus of diamond exploration, and as such no further zinc and/or other base-metal exploration has occurred. Sampling completed last year by the vendors confirmed the zinc results reported by Kennecott, as well as discovering a new gossan which assayed up to 10% zinc a further 1,500m to the north along strike from the last Kennecott trench. Further sampling in 2017 also resulted in assays of up to 2.5% cobalt from soil samples taken from the Kanyaka target, which was historically mined by Kennecott for zinc and copper. Full tables of results are included in Appendix C.
Bonaventura Project
Tenure & Location
The Bonaventura Project comprises a large exploration licence (EL) of 234km[2] in the northern part of Kangaroo Island. The project area has been previously cleared for grazing, and the infrastructure and access are good.
Historical Workings
The Bonaventura Project contains several small historic zinc, copper and gold mines, and was mostrecently explored by Monax Mining Limited. Several targets have been drill-tested, with the best intersections coming from the Bonaventura target from drill-hole BVRC03 ( 16m @ 3.4% Zn and 0.7%
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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Pb from 52m (including 6m @ 6.3% Zn) ) and drill-hole BVDD004 ( 11m @ 3.1% Zn and 1.5% Pb from 26m (including 1m @ 8.0% Zn) ). A full table of results is included in Appendix B. The Vinco target, which is situated 1,500m along strike from the Bonaventura target, has had high-resolution helimag, induced polarisation (IP) and gravity surveys completed, resulting in coincident gravity and chargeability anomalies that present a drill-ready target. Soil-sampling over the Bonaventura Project has also been completed and shows strong zinc anomalism following the strike of the regional CygnetSnelling Fault, although in places there is transported cover that masks the anomaly. Lead anomalism up to 2,700ppm has also been delineated by the surface geochemistry results. In addition to the base metal targets, the Kohinoor target remains highly prospective for gold mineralisation, with historic composite samples taken from the first level of the main historic workings including results of 28 g/t Au , 9.5 g/t Au , 5.2 g/t Au , and 3.2 g/t Au .
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Figure 1 - Location of the Arden and Bonaventura Projects in the world-class zinc and copper region of South Australia
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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Geology & Mineralisation
The Arden Project and the Bonaventura Project are located in the major geological province known as the Adelaide Geosyncline, a rift complex that formed between the Neoproterozoic and the end of the Cambrian during the break-up of the supercontinent Rodinia.
Both project areas comprise significant areas of sedimentary rocks that were deposited during the Cambrian, which unconformably overlie the Neoproterozoic strata and the older Gawler craton basement which lies to the west. These Cambrian units, which were subsequently deformed and metamorphosed during the Delamerian Orogeny, are of particular interest as they are the host units of all known Sedex-style mineralisation in the region.
The Arden Project is in the same geological units as Perilya Limited’s Beltana Zinc Mine along strike to the north, which has total Mineral Resources of 972,000 tonnes at 29.8% zinc for almost 300,000 tonnes of contained zinc metal[2] .
Likewise, the Bonaventura Project is in similar geological settings to Terramin Australia Limited’s Angas Zinc Mine (Remaining Mineral Resources: 1.29Mt @ 5.75% Zn & Pb[1] ) and Hillgrove Resources Limited’s Kanmantoo Copper Mine ( 34.5Mt @ 0.6% Cu & 0.1g/t Au[1] ).
The target mineralisation style for the Arden and Bonaventura Projects is two-fold. The main focus is on the Sedimentary exhalative (Sedex) mineralisation for which the region is renown. Sedex deposits occur as stratiform layers of precipitated ore that result from the release of ore-bearing hydrothermal fluids into the ocean, often in rift basin settings. The genesis of such mineralisation leads to continuous, relatively-uniform layers of ore that are typically high-grade. The second possible mineralisation style present is structurally-controlled, whereby ore-bearing fluids, possibly resulting from subsequent deformation of existing Sedex deposits, travel along major conduits such as faults, resulting in concentrated zinc and base metal mineralisation in and immediately next to these large structures. Both mineralisation styles have been observed on the projects by previous workers, and both can lead to economically-viable ore deposits.
Work Programme & Budget
The Company has planned an aggressive systematic exploration programme for both the Arden and Bonaventura Projects. At Arden, site reconnaissance mapping, rock chip and soil-sampling will begin immediately in the known target areas. A portable XRF will be used to quickly cover large areas with tightly-spaced soil samples, the results of which can be used to recognise important vectors to mineralisation. Laboratory assaying of the samples will be used where necessary, and auger sampling is proposed for areas of transported cover. All existing open-file geophysics data will be processed, followed by a high-resolution aeromagnetic survey over the whole tenement. The necessary permitting and access agreements will be completed for the generated target areas such that the maiden drilling programmes of the highest-priority targets can begin in the beginning of Q3 this year.
At the Bonaventura Project, re-processing and interpretation of the existing high-resolution geophysical data will begin immediately. Site reconnaissance mapping, rock chip and soil-sampling of the known target areas will take place in parallel. The necessary permitting and access agreements
2 Taken from Department of State Development’s “South Australia’s Major Operating/Approved Mines – Resource Estimates and Production Statistics” 19/02/2018
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
Auroch Minerals Ltd ABN 91 148 966 545
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will be completed for the generated target areas such that the maiden drilling programmes of the highest-priority targets can begin in Q2 this year.
Subsequent exploration work will depend on results from these initial programmes, and will be a mix of follow-up work on the highest-priority targets together with initial testing of the second-priority targets. The Company intends to spend over $1.3M on exploration in the first 12 months.
Key Commercial Terms
The key commercial terms of acquisitions are summarised below:
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a. Auroch will acquire 90% of the Arden Zinc Project and 100% of the Bonaventura Zinc Project.
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b. Exclusivity arrangements enable exclusive due diligence until 6 April 2018 (or such later date agreed by the parties).
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c. Completion of the acquisitions is conditional on the satisfaction or waiver of various conditions precedent including completion of due diligence, obtaining the necessary Auroch shareholder approvals and obtaining any regulatory approvals required to complete the acquisitions.
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d. At completion of the acquisitions Auroch will issue a total of:
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i. 8,300,000 shares;
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ii. 6,400,000 class A performance shares which vest on publication of a JORC (2012) Indicated Resource for the Arden Zinc Project of at least 3Mt @ greater than 10% ZnEq with a cut-off grade of at least 3% ZnEq;
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iii. 2,300,000 class B performance shares which vest on publication of a JORC (2012) Indicated Resource for the Bonaventura Zinc Project of at least 2Mt @ greater than 10% ZnEq, with a cut-off grade of at least 5% ZnEq; and
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iv. 2,300,000 class C performance shares which vest on publication of a JORC (2012) Indicated Resource for the Bonaventura Zinc Project of at least 5Mt @ greater than 10% ZnEq, with a cut-off grade of at least 5% ZnEq.
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e. The above consideration securities are subject to voluntary escrow restrictions such that 1/3 will be freely tradable on issue, 1/3 will be escrowed for 6 months following completion and 1/3 will be escrowed for 12 months following completion.
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f. Auroch is also required to reimburse vendor costs of $150,000 as part of the acquisitions.
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g. Contemporaneous with the acquisitions, Auroch has agreed to issue 1,500,000 ordinary shares to the party that introduced the acquisitions as well as 1,000,000 class D performance shares which vest if any of the above performance milestones applicable to the class A, class B and class C performance shares are achieved. Auroch also proposes to issue a total of 8,000,000 performance rights to Auroch directors, employees or contractors which vest over 2 years subject to continuous service with the Company.
A notice of meeting containing further details in relation to the acquisitions will be dispatched to shareholders shortly.
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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For further information visit www.aurochminerals.com or contact:
Auroch Minerals Limited
Glenn Whiddon
Executive Chairman
T: +61 8 9486 4036
Competent Persons Statement
The information in this report that relates to Exploration Results is based on information compiled by Mr Peter Sheehan and represents an accurate representation of the available data. Mr Sheehan (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief Geological Officer and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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 Sheehan consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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Appendix A – JORC Code, 2012 Edition - Table 1 Report
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | Commentary |
|---|---|
| Sampling techniques |
ARDEN ●Recent reconnaissance rock chip samples were selected by geologists looking for expressions of mineralisation. ●Reconnaissance rock chip samples were generally analysed by portable XRF machine (Niton 3XLT). Some samples were also submitted for assay determination. ●1966-67 drilling: Sampling intervals of 10-12.5 feet were used. For DRY sampling all material was collected in a bin before being split into 3-5 pound samples for assay determination. For WET sampling material was run through a splitter and 1/4 of sample was collected before being split into 3-5 pound samples for assay determination.. ●1966-67 trenching & drilling: Assay determination was done at Australian Mineral Development Laboratories by a semi-quantitative spectrographic analysis. BONAVENTURA ●2002 Havilah AC (PRC1-32): Sampling was a combination of: 1m, 2m, 4m and 6m samples. ●June 2006 Monax RC (BVRC001-011): Sampling was a combination of: 1m, 2m, and 4m samples. ●2008 DD drilling: After detailed logging, the core was quarter cut and selected intervals were sent to Genalysis Laboratories for geochemical analysis by AT/ICP-MS for: Au(1ppb) Pd(1ppb) Pt(1ppb) by FA25/AAS, Cr(2) Cu(1) Ni(1) Zn(1) by AT/ICP-OES and Ag(0.1) As(1) Ce(0.01) Co(0.1) Mo(0.1) Nd(0.01) Pb(2) Sn (0.1) U (0.01) W(0.1). ●2008 rock chip survey at Konihoor: The rock chip sampling program at the historic Kohinoor gold mine was designed to test for high grade gold in quartz veins mined by historic miners in the 1890’s. Rock chip samples were collected over a 1 m cross section of the mineralised quartz veins and include components of the altered host sandstone. Thicknesses of the veins sampled are generally less than 1 m but the zones originally mined may have been structurally thickened. |
| Drilling techniques |
ARDEN ●1966-67 drilling at Radford Creek and Mt Arden was by non-core, rotary drilling. Drilling used an Ingersoll-Rand, truck mounted Drillmaster with air as the drilling medium. ●2007 drilling at Kanyaka was by Reverse Circulation (Percussion) and completed by Budd Contract Exploration. 11 holes were drilled. All holes were inclined -60 degrees. ●2008 drilling at Kanyaka was by Reverse Circulation and completed by GOS. 6 holes were drilled. 5 were inclined at -60 degrees and 1 was vertical. BONAVENTURA ●June 2006: RC Percussion drilling program (BVRC001-011). Drill hole pre-collars were completed by either RC air core or Open Hole hammer drilling, cased with 6” PVC and cemented with Gypset. Drill holes were then drilled by RC Percussion to refusal, generally caused by high influx of groundwater into the hole. ●June 2006 RC drilling: Drill samples were analysed for: Au, Ag, As, Ce, Co, Cr, Cu, Mo, Nd, Ni, Pb, Pd, Pt, Sn, U, W, and Zn by a combination of: Fire Assay, ●2008 March DD drilling: A total of 1449.2m of HQ/NQ drilling was completed at the Bonaventura Prospect. All holes had shallow rotary mud pre-collars (3-6m) and were then cored HQ to 100-150m and NQ drilled below this. The drill holes were all surveyed and the core was oriented. ●2014 September DD drilling at Vinco prospect. The drilling program comprised two (2) diamond drill holes (from surface) (VDD1401 – 450.1m, VDD1402 – 504m) for a total of 954.1m. ●2014 September DD drilling: The drill core was geologically logged. Measurements of the magnetic susceptibilityand specificgravity (usingArchimedesprincipal)were taken on one |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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| Criteria | Commentary |
|---|---|
| sample in every tray of drill core. No geochemistry was undertaken on the drill core. | |
| Drill sample recovery |
ARDEN ●Original drill hole logs are available for historic holes. ●Recovery was an issue in 1966-67 percussion drilling with many holes having to be abandoned. ●No issues were noted for 2007-2008 drilling. BONAVENTURA ●Original drill hole logs are available for historic holes. |
| Logging | ARDEN ●Geologists employed qualitative logging which includes: depth, colour, weathering, water table, lithology, alteration and mineralisation. ●Original drill hole logs are available for all historic holes. BONAVENTURA ●Geologists employed qualitative logging which includes: depth, colour, weathering, water table, lithology, alteration and mineralisation. ●Original drill hole logs are available for all historic holes. |
| Sub-sampling techniques and sample preparation |
ARDEN ●1966-67 trenches were don with bulldozer on hire from Brambles Industrial Services of Whyalla. oRadford Creek: 5 trenches were cut to 2-5 feet and sampled by cutting a continuous channel in the trench floor. Sample lengths ranged from 3-10 feet. oMt Arden: 9 trenches were cut to 2-5 feet and sampled by cutting a continuous channel in the trench floor. Sample lengths ranged from 5-10 feet. oKanyaka: 5 trenches were cut to 4-10 feet and sampled by cutting a continuous channel in the trench floor. Sample lengths ranged from 3-10 feet. ●No information has been located for QAQC on historic samples. BONAVENTURA ●No information has been located forQAQC on historic samples |
| Quality of assay data and laboratory tests |
ARDEN ●No information has been located for QAQC on historic samples ●Recent reconnaissance samples were submitted to Bureau Veritas Minerals Pty Ltd in Adelaide. Samples have been fused with Sodium Peroxide and subsequently the melt has been dissolved in dilute Hydrochloric acid for analysis. Fe,Mn,S,Zn have been determined by Inductively Coupled Plasma (ICP) Optical Emission Spectrometry. Ag,Co,Cu,Pb have been determined by Inductively Coupled Plasma (ICP) Mass Spectrometry. ●2007-08 drilling: Sample intervals were 2m. Assay determination was done at ALS Laboratories by analysis ME-ICP61. Only Cu and Zn are reported. BONAVENTURA ●2008 DD drilling: Duplicate sample data as plotted for Ag, Cu, Pb and Zn. In general, the results show very good consistency, particularlythe Cu and Zn results. |
| Verification of sampling & assaying |
ARDEN ●For recent reconnaissance - No blanks or field duplicates were submitted. Bureau Veritas run internal QAQC protocols including, lab duplicates and standards. ●There is no information on QAQC for historic data BONAVENTURA ●2008 DD drilling: Duplicate sample data as plotted for Ag, Cu, Pb and Zn. In general, the results show very good consistency, particularlythe Cu and Zn results. |
| Location of data points |
ARDEN ●Historic Drilling/Trenchingwas located bytraditional surface survey. Where historic |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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| Criteria | Commentary |
|---|---|
| collars/trenches are still able to be located on the ground and they have been picked up with handheld Garmin GPS as a check. ●Some historic work has been completed on local grids, however all data is transformed and displayed in UTM WGS 84 Zone 54. BONAVENTURA ●Historic Drilling/Trenching was located by traditional surface survey. Where historic collars/trenches are still able to be located on the ground and they have been picked up with handheld Garmin GPS as a check. |
|
| Data spacing and distribution |
ARDEN ●Not relevant for sampling by Auroch ●Historic drilling is generally oriented perpendicular to interpreted strike of mineralisation and is sufficient for the early stage of the project. BONAVENTURA ●Historic drilling is generally oriented perpendicular to interpreted strike of mineralisation and is sufficient for the earlystage of theproject. |
| Orientation of data in relation to geological structure |
ARDEN ●Historic drilling was conducted at close to 90 degrees to geological structure. BONAVENTURA ●Historic drillingwas conducted at close to 90 degrees togeological structure. |
| Sample security | ARDEN ●Samples were collected by field geologist, numbered and bagged and delivered immediately to assay laboratory. ●There is no information on chain of custody for historic data. BONAVENTURA ●Samples were collected by field geologist, numbered and bagged and delivered immediately to assay laboratory. ●There is no information on chain of custodyfor historic data. |
| Audits or reviews | ●Not completed |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | Commentary |
|---|---|
| Mineral tenement and land tenure status |
ARDEN ●Exploration Licence 5821 (Arden Zinc Project) is registered under the name of Resource Holdings Pty Ltd. BONAVENTURA ●Exploration Licence 5973 (Bonaventura Project) is held by Zinc Mining Pty. . |
| Exploration done by other parties |
ARDEN • Electrolytic Zinc Co. and Kennecott Exploration (1966-1971) • Electrolytic Zinc explored in the project area predominantly for strata bound lead-zinc mineralisation. They undertook extensive regional stream sediment surveys, particularly in the Kanyaka (EL 3265) and Radford Creek (EL 3693) areas focussing on the Cambrian Limestones. They focussed on historic workings using mapping and some trenching, with follow up shallow drilling to evaluated prospects. • Zinc values of up to 1740ppm. recorded from the eastern syncline (Ragless Range) area. In general, stream sediment zinc values between 100ppm and 1700ppm reflect zinc mineralisation averaging between 0.3% and 3.0% zinc in surface trenching. • Anomalous copper, lead and zinc stream sediment values were recorded from the Comstock area (southern end of western syncline); copper values ranged up to 98 ppm., lead to 410ppm. and zinc to 1000ppm. • The stream sediment sampling indicated that the large strike lengths (>10km) of the Lower Cambrian formations were anomalous with respect to copper, lead and zinc. • Geo Developments Pty Ltd (1996-1999) • This work has focussed on reviewing previous exploration data, mapping and limited sampling, followed up by some shallow RC drilling e.g. at Radford Creek (EL 3693). • Copper Range Ltd (2007-2008) • Copper Ranges undertook several soil sampling geochemical surveys over the Kanyaka, Black Jack and Radford Prospects and undertook a shallow drilling program at Kanyaka. • Most of the drilling at Kanyaka was ineffective and did not reach target depth due to drilling problems (deep oxidation and poor sample return). Only limited sections of 2 holes were analysed (approximately 40 samples total) with both showing strongly anomalous zinc. • Previous soil sampling by Copper Range highlighted a copper in soil anomaly extending from the mine area to the south east, following the trend of small copper-bearing shears exposed in the costeans. The soil grid was extended during February 2008 and located substantial copper and zinc anomalism associated with a shear zone. • The latter area was of interest for zinc due to the structurally complex nature of the zone and the ferruginous dolomite, which are characteristic of the high-grade zinc deposits around Beltana • Resource Holdings (2016-present) • A number of historic exploration sites and mines were evaluated by a combination of: reconnaissance mapping and rock chip sampling, semi-quantitative analysis with hand held XRF, and assay determination of rock chips. BONAVENTURA • The Koh-i-noor Au Mine was discovered in 1886 by prospector E. Prime. This was followed by discoveries of Pb/Zn at the Perseverance/Grainger’s workings, Cu at Bonaventura and Cu/Au/Pb at the Cygnet Mine between 1886 and 1899. The most work was completed at the Koh-i-noor Mine with several shafts and drives being excavated to a depth of approximately 60m. Sporadic work was undertaken at the variousprospects in the early1900’s and the 1920’s. Prospecting |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
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| Criteria | Commentary |
|---|---|
| associated with this period located the Rainbow’s End (Mt Brown) Au prospect. • Past exploration in the tenement area, which dates from 1968, has been relatively limited. Commodities targeted include base metals, bauxite, kaolin, gold, diamonds and, most recently, zinc. Base metal exploration carried out between 1968 and 1982 by Elcor Australia Pty Ltd (Donovan, P.R., 1969, 1970), AOG Minerals Pty Ltd (Burnside, E., 1973; Whiting, J.W. and Cowan, D., 1974), Aquila Minerals Ltd (Liddy, J.C., 1972), Preussag Australia Pty Ltd (Hosking, A.J., 1976) and Shell Company of Australia Ltd (Reis, E., 1982) included stream sediment and soil geochemical surveys, IP and resistivity surveys and limited diamond drilling. At Grainger’s Mine, Preussag outlined a large area of elevated lead-zinc concentration in soils. AOG established the presence of sub-economic lead-zinc-copper mineralisation at Dewrang prospect, where five diamond drill holes revealed the presence of sphalerite, chalcopyrite, galena and marcasite rich micro-fracture fillings, sometimes accompanied by low temperature hydrothermal alteration. • Comalco Ltd (Buchhorn, 1978) explored the area for bauxite and kaolin in 1978-79, but auger drilling did not encourage further work. • Gold exploration between 1987 and 1993, by Tectonic Systems Pty Ltd (Robb, D.W., 1988) and Pasminco Australia Ltd (Lees, T.C., 1993), focussed on the Cygnet mine. Tectonic Systems reported low-order gold values in RC drilling, whilst RAB drilling by Pasminco intersected anomalous copper (487 ppm Cu) and weak epigenetic gold mineralisation (up to 0.33 ppm Au) at Cygnet mine. Pasminco also reported elevated base metal values in drill holes at Dewrang prospect, but did not consider them sufficiently encouraging to warrant further work. • Department of Mines and Energy South Australia (SADME) (McCallum, 1991) investigated the Grainger’s Mine from 1989 to 1990. Drilling of 14 percussion holes confirmed the presence of zinc mineralisation in Cambrian bedrock beneath the Preussag soil anomaly. The best intersection was 16 m @ 2.69% Zn, 0.45% Pb and 1.7 g/t Au. SADME suggested that the laterite cover may be masking the surface geochemical response from this mineralisation. • Carnegie Minerals NL (Mateev, 1998) explored for diamonds on Kangaroo Island from 1996 to 1998. Stream sediment sampling did not recover diamonds or kimberlitic indicators. • From 2002 to 2004, Havilah Resources NL (Current EL) investigated the Grainger’s Mine, following up earlier work by SADME. Havilah drilled 32 shallow aircore holes and intersected high-grade zinc mineralisation at shallow depth (less than 40 m), with assays ranging up to 26.9% Zn, accompanied by up to 9.4% Pb. The zinc-lead mineralised zone continues along strike for at least 400 m and lies within a broader halo of lower-grade zinc and lead mineralisation. Assays up to 0.5 ppm gold and 9.4 ppm silver were also recorded. Havilah showed that the pisolitic laterite layer was generally less than two metres thick, contained anomalous concentrations of zinc and lead in places, and was thus probably a valid soil sampling medium forgeochemical surveys. |
|
| Geology | ARDEN • Regionally, the area lies within the Adelaide Fold and Thrust Belt, which contains Neoproterozoic to late Cambrian sedimentary sequences. Rock types recognised within this Precambrian, fault-bounded intracratonic trough are Neoproterozoic in age (1000 to 542 Ma) with terrestrial and marine clastic, chemical and glaciogenic sediments (Preiss1987). These formations have been deformed and metamorphosed (generally to greenschist facies) by at least two major orogenic episodes: the Proterozoic Adelaide Fold Belt orogenic event and a later Early Palaeozoic Delamerian Orogeny (Preiss 1987). BONAVENTURA • The project area lies on the southern margin of the Gawler Craton of South Australia, covering a 33 km section of the Cygnet-Snelling Shear Zone (C-SSZ) on Kangaroo Island. • Bedrock in the project area generally consists of deep marine and shelf sediments of Cambrian age. The tenements enclose a section of the east-west trending C-SSZ for a distance of 33 kilometres. North of this fault zone, lightly metamorphosed, shallow water, shelf sediments of the Kangaroo Island Group crop out. These mainly include greenschist facies siltstones, shales and fine grained sandstones of the basal Mt McDonnell Formation. South of the fault zone are more highly metamorphosed lower amphibolite facies metasediments of the Kanmantoo Group,chieflythe finegrainedgreywackes of the Tapanappa Formation. The majorityof the |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Criteria | Commentary |
|---|---|
| area is covered by relatively thin (<20m thick) Tertiary laterites and Quaternary alluvial deposits making exploration difficult away from the deeply incised C-SSZ. ●The C-SSZ is a deep crustal feature, and is interpreted to coincide at depth with the southern margin of the Gawler Craton. Gold and base metal occurrences are found along much of the C- SSZ, including the historic Grainger’s Mine, Bonaventura Prospect, Dewrang Prospect and the Kohinoor Goldfield. |
|
| Drill hole Information |
ARDEN • Presented in Tables as Appendices BONAVENTURA ●Presented in Tables as Appendices |
| Data aggregation methods |
ARDEN ●No data has been aggregated BONAVENTURA ●No data has been aggregated |
| Relationship between mineralisation widths and intercept lengths |
ARDEN ●The mineralisation is interpreted to be moderately dipping. Drill holes have been angled to intercept the mineralisation as close to perpendicular as possible. ●Down hole intercepts are reported. True widths are likely to be 70-80% of the down hole widths. BONAVENTURA ●The mineralisation is interpreted to be moderate-flat dipping. Drill holes have been angled to intercept the mineralisation as close to perpendicular as possible. ●Down hole intercepts are reported. True widths are likely to be 75% of the down hole widths. |
| Diagrams | ●See above |
| Balanced reporting |
ARDEN ●The author has made every attempt to. BONAVENTURA ●The author has made every attempt to. |
| Other substantive exploration data |
ARDEN ●All meaningful and material data relating to this release is reported. BONAVENTURA ●All meaningful and material data relating to this release is reported. |
| Further work | ARDEN ●An exploration work program including: mapping & surface sampling, geophysical surveys and interpretation, and drilling and assaying is planned for the coming 12 months. BONAVENTURA ●An exploration work program including: mapping & surface sampling, geophysical surveys and interpretation, and drilling and assaying is planned for the coming 12 months. |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
Appendix B – Table of Historic Drill-holes and Significant Intercepts at the Bonaventura Project
| Hole_ID | Hole_Type | Easting | Northing | RL | Dip | Azimuth | Max_Depth | Significant Intersections(1% cut-off, 1m min. width, max. 2m int. dilution) |
|---|---|---|---|---|---|---|---|---|
| PRC1 | AC | 701800 | 6046082 | 117.8 | -60 | 58 | 44.0 | [email protected]%Zn & 9.46%Pb from 16m incl. [email protected]%Zn & 17.36%Pb from 17m |
| PRC2 | AC | 701778 | 6046070 | 119.7 | -60 | 48 | 22.0 | [email protected]%Zn & 0.73%Pb from 18m incl. [email protected]%Zn & 0.67%Pb from 18m |
| PRC3 | AC | 701781 | 6046073 | 119.4 | -60 | 48 | 41.0 | [email protected]%Zn & 0.55%Pb from 29m |
| PRC4 | AC | 701826 | 6046071 | 117.1 | -60 | 34 | 48.0 | [email protected]%Zn & 0.37%Pb from 30m |
| PRC5 | AC | 701810 | 6046051 | 118.9 | -60 | 38 | 47.0 | [email protected]%Zn & 0.15%Pb from 17m |
| PRC6 | AC | 701834 | 6046086 | 115.8 | -60 | 46 | 46.0 | NIS |
| PRC7 | AC | 701796 | 6046039 | 119.0 | -60 | 40 | 19.0 | NSI |
| PRC8 | AC | 701864 | 6046068 | 114.0 | -60 | 42 | 38.0 | NSI |
| PRC9 | AC | 701852 | 6046054 | 115.5 | -60 | 42 | 38.0 | [email protected]%Zn & 0.47%Pb from 22m |
| PRC10 | AC | 701841 | 6046033 | 117.0 | -60 | 43 | 40.0 | NSI |
| PRC11 | AC | 701896 | 6046038 | 112.5 | -60 | 43 | 34.0 | NSI |
| PRC12 | AC | 701880 | 6046028 | 114.2 | -60 | 45 | 30.0 | NSI |
| PRC13 | AC | 701804 | 6046096 | 116.8 | -60 | 45 | 26.0 | NSI |
| PRC14 | AC | 701833 | 6046096 | 115.3 | -60 | 20 | 34.0 | NSI |
| PRC15 | AC | 701794 | 6046079 | 118.3 | -60 | 45 | 34.0 | [email protected]%Zn & 0.49%Pb from 20m |
| PRC16 | AC | 701766 | 6046063 | 120.6 | -60 | 46 | 48.0 | NSI |
| PRC17 | AC | 701750 | 6046051 | 122.0 | -60 | 30 | 24.0 | NSI |
| PRC18 | AC | 701693 | 6045998 | 125.4 | -60 | 37 | 59.0 | NSI |
| PRC19 | AC | 701766 | 6046107 | 118.0 | -60 | 35 | 28.0 | NSI |
| PRC20 | AC | 701753 | 6046093 | 119.5 | -60 | 35 | 49.0 | NSI |
| PRC21 | AC | 701742 | 6046078 | 120.8 | -60 | 35 | 28.0 | NSI |
| PRC22 | AC | 701720 | 6046066 | 121.8 | -60 | 35 | 37.0 | NSI |
| PRC23 | AC | 701708 | 6046055 | 122.4 | -60 | 35 | 39.0 | NSI |
| PRC24 | AC | 701695 | 6046038 | 123.2 | -60 | 35 | 35.0 | NSI |
| PRC25 | AC | 701631 | 6045997 | 125.7 | -60 | 35 | 49.0 | NSI |
| PRC26 | AC | 701615 | 6045981 | 126.7 | -60 | 35 | 59.0 | NSI |
| PRC27 | AC | 701730 | 6046126 | 117.7 | -60 | 30 | 33.0 | [email protected]%Zn & 0.22%Pb from 14m |
| PRC28 | AC | 701695 | 6046133 | 117.5 | -60 | 30 | 24.0 | NSI |
| PRC29 | AC | 701651 | 6046141 | 116.5 | -60 | 35 | 21.0 | NSI |
| PRC30 | AC | 701490 | 6046138 | 114.6 | -60 | 10 | 29.0 | NSI |
| PRC31 | AC | 701803 | 6046044 | 119.6 | -60 | 40 | 52.0 | [email protected]%Zn & 1.39%Pb from 25m |
| PRC32 | AC | 701790 | 6046034 | 120.6 | -60 | 35 | 49.0 | NA |
| BVRC01 | RC | 701624 | 6046293 | 114.0 | -60 | 0 | 120.0 | NSI |
| BVRC02 | RC | 701787 | 6046295 | 124.0 | -60 | 0 | 85.0 | [email protected]%Zn & 0.26%Pb from 52m |
| BVRC03 | RC | 701932 | 6046252 | 124.0 | -60 | 335 | 169.0 | 4m @ 2.06%Zn & 2.15%Pb from 16m [email protected]%Zn & 0.62%Pb from 34m incl. [email protected]%Zn & 0.75%Pb from 40m |
| BVRC04 | RC | 702185 | 6045900 | 109.0 | -60 | 5 | 175.0 | NSI |
| BVRC05 | RC | 702329 | 6045855 | 113.0 | -60 | 355 | 115.0 | NSI |
| BVRC06 | RC | 702416 | 6045784 | 119.0 | -60 | 0 | 121.0 | NSI |
| BVRC07 | RC | 702414 | 6045863 | 110.0 | -60 | 0 | 127.0 | NSI |
| BVRC08 | RC | 701874 | 6046125 | 122.0 | -60 | 0 | 85.0 | 2m @ 1.77%Zn & 0.34%Pb from 64m 2m @ 1.48%Zn & 0.29%Pb from 70m [email protected]%Zn & 0.02%Pb from 76m |
| BVRC09 | RC | 702097 | 6046142 | 118.0 | -60 | 0 | 103.0 | NSI |
| BVRC10 BVRC11 |
RC/DDH RC |
701870 701799 |
6046187 6046078 |
132.0 137.0 |
-60 -60 |
50 50 |
231.7 85.0 |
1m @ 3.33%Zn & 4.58%Pb from 56m 1m @ 1.67%Zn & 1.12%Pb from 63m 2m @ 4.10%Zn & 0.08%Pb from 93m 1m @ 1.48%Zn & 0.01%Pb from 98m 3m @ 2.02%Zn & 0.25%Pb from 102m 1m @ 1.65%Zn & 0.08%Pb from 108m 1m @ 2.61%Zn & 0.10%Pb from 112m 6m @ 1.39%Zn & 0.04%Pb from 115m 2m @ 2.19%Zn & 1.40%Pb from 168m 1m @ 1.67%Zn & 0.07%Pb from 173m 1m @ 1.92%Zn & 0.15%Pb from 179m 2m @ 1.63%Zn & 1.40%Pb from 168m 1m @ 1.67%Zn & 0.07%Pb from 173m 1m @ 1.92%Zn & 0.15%Pb from 179m [email protected]%Zn & 0.53%Pb from 76m |
| BVDD002 | DDH | 702081 | 6045978 | 131.0 | -60 | 284 | 143.9 | [email protected]%Zn & 2.84%Pb from 130m |
| BVDD004 | DDH | 701915 | 6046264 | 129.0 | -60 | 90 | 113.8 | 1m @ 5.27%Zn & 6.44%Pb from 16m 11m @ 3.08%Zn & 1.52%Pb from 26m incl. 1m @ 7.97%Zn & 1.41%Pb from 34m & 1m @ 5.44%Zn & 3.31%Pb from 36m 4m @ 2.27%Zn & 0.07%Pb from 42m incl. 1m @ 6.27%Zn & 0.21%Pb from 42m 2m @ 2.48%Zn & 1.47%Pb from 51m [email protected]%Zn & 3.55%Pb from 56m incl. [email protected]%Zn & 5.09%Pb from 56m |
| BVDD005 | DDH | 701878 | 6046266 | 129.0 | -60 | 90 | 217.1 | 1m @ 1.92%Zn & 0.20%Pb from 53m 1m @ 1.58%Zn & 0.68%Pb from 71m 2m @ 0.01%Zn & 1.22%Pb from 91m 1m @ 1.20%Zn & 0.10%Pb from 97m [email protected]%Zn & 2.94%Pb from 125m incl. [email protected]%Zn & 3.49%Pb from 126m |
| BVDD006 | DDH | 701897 | 6046219 | 131.0 | -60 | 90 | 120.0 | 1m @ 1.38%Zn & 0.01%Pb from 71m 3m @ 1.77%Zn & 0.09%Pb from 77m 1m @ 1.46%Zn & 0.22%Pb from 82m [email protected]%Zn & 0.04%Pb from 110m |
| BVDD007 | DDH | 701847 | 6046218 | 132.0 | -60 | 90 | 264.8 | 1m @ 1.35%Zn & 0.13%Pb from 32m 1m @ 0.06%Zn & 1.58%Pb from 48m 1m @ 0.11%Zn & 1.26%Pb from 52m 1m @ 1.28%Zn & 0.21%Pb from 70m 1m @ 6.80%Zn & 0.16%Pb from 75m 1m @ 1.77%Zn & 0.12%Pb from 82m 6m @ 2.97%Zn & 0.65%Pb from 85m incl. 1m @ 10.25%Zn & 1.12%Pb from 90m 12m @ 2.58%Zn & 0.03%Pb from 94m incl. 1m @ 7.37%Zn & 0.01%Pb from 98m 1m @ 3.00%Zn & 1.28%Pb from 112m 8m @ 2.54%Zn & 0.01%Pb from 117m incl. 1m @ 5.83%Zn & 0.01%Pb from 121m & 1m @ 5.96%Zn & 0.01%Pb from 124m [email protected]%Zn & 0.01%Pb from 244m |
| BVDD008 | DDH | 701859 | 6046167 | 133.0 | -60 | 80 | 119.6 | 1m @ 1.24%Zn & 0.29%Pb from 43m 5m @ 0.12%Zn & 1.80%Pb from 46m 1m @ 3.54%Zn & 0.02%Pb from 53m 5m @ 3.12%Zn & 2.10%Pb from 58m incl. 2m @ 6.96%Zn & 5.06%Pb from 61m 1m @ 0.48%Zn & 1.28%Pb from 66m 7m @ 1.81%Zn & 0.05%Pb from 89m 5m @ 0.12%Zn & 1.55%Pb from 98m 2m @ 1.36%Zn & 0.15%Pb from 111m [email protected]%Zn & 0.00%Pb from 118m |
| BVDD009 | DDH | 701815 | 6046168 | 134.0 | -60 | 80 | 239.3 | 9m @ 0.10%Zn & 1.58%Pb from 42m 3m @ 2.14%Zn & 0.01%Pb from 103m 8m @ 1.72%Zn & 0.22%Pb from 110m 1m @ 1.98%Zn & 0.03%Pb from 123m 1m @ 2.95%Zn & 0.00%Pb from 130m [email protected]%Zn & 0.00%Pb from 136m |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
Appendix C – Table of Historic Trenching and Assays at the Arden Project
– - Arden Target Trench Rock Chips and Channel sampling
| PROSPECT | Sample_Type | East | North | RL | Zn(%) | Co(ppm) | Cu(ppm) | Pb(ppm) |
|---|---|---|---|---|---|---|---|---|
| MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7 (N extension) MA - Trench 7(N extension) |
Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip Rock Chip |
224801 224799 224796 224794 224792 224789 224787 224785 224782 224780 225159 225167 225175 225184 225197 225202 225210 225225 225255 225262 225282 |
6440210 6440212 6440212 6440215 6440214 6440215 6440216 6440214 6440218 6440219 6441448 6441449 6441450 6441454 6441451 6441449 6441446 6441443 6441453 6441458 6441465 |
100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 |
7.52 6.23 4.06 2.74 4.98 7.32 7.59 5.56 9.88 8.67 2.38 9.30 7.88 2.73 1.94 2.26 8.46 4.08 1.90 2.33 2.81 |
170 170 310 640 990 260 180 850 180 220 580 1080 920 920 590 1040 940 840 620 620 800 |
350 370 300 240 270 390 260 980 270 280 340 850 750 110 70 70 810 550 250 310 350 |
100 120 60 80 20 60 140 60 40 120 260 960 680 180 140 400 860 240 260 260 260 |
*Projection MGA94_Zone54
| Trench_ID | Start Point | Start Point | End Point | End Point | Length (ft) |
|---|---|---|---|---|---|
| x | y | x | y | ||
| Trench 1 Trench 2 Trench 3 Trench 4 Trench 5 Trench 6 Trench 7 Trench 8 |
220405 223700 223610 224055 224565 224580 224775 224765 |
6441925 6439105 6438560 6438385 6439565 6440055 6440225 6440235 |
220380 223640 223585 224025 224540 224555 224795 224785 |
6441925 6439105 6438560 6438385 6439565 6440080 6440210 6440250 |
130 190 90 110 90 100 70 90 |
*Projection MGA94_Zone54
Auroch Minerals Ltd ABN 91 148 966 545 1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Trench_ID | From(ft) | To(ft) | Zn(ppm) | Co(ppm) | Pb(ppm) |
|---|---|---|---|---|---|
| Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 Trench 1 |
0 10 20 30 40 50 60 70 80 90 100 110 120 |
10 20 30 40 50 60 70 80 90 100 110 120 130 |
36 40 57 79 77 57 125 78 119 137 97 102 106 |
56 144 66 53 85 53 140 66 76 79 66 50 63 |
24 32 56 32 32 36 110 200 120 73 150 210 235 |
| Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 Trench 2 |
0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 105 110 115 120 125 130 135 140 145 150 155 160 165 170 175 180 185 |
5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 105 110 115 120 125 130 135 140 145 150 155 160 165 170 175 180 185 190 |
2500 3400 4750 4450 1400 1700 2100 3050 3500 2400 1500 4300 6500 3750 2300 4400 3300 7600 5800 5700 3100 3300 1900 4300 750 650 1800 900 4400 800 130 60 90 50 37 40 52 49 |
96 140 205 170 153 53 44 47 53 47 38 66 69 56 35 69 63 185 144 35 38 630 140 250 32 26 26 17 198 17 14 11 23 20 11 11 14 11 |
47 34 34 34 87 96 91 78 96 141 64 68 96 113 82 87 64 64 64 165 170 630 370 165 104 200 170 165 118 210 82 160 440 22 <10 10 <10 <10 |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Trench 3 Trench 3 Trench 3 Trench 3 Trench 3 Trench 3 Trench 3 Trench 3 Trench 3 |
0 10 20 30 40 50 60 70 80 |
10 20 30 40 50 60 70 80 90 |
105 90 2200 4900 8000 12000 108 54 25 |
17 8 40 92 255 295 17 20 14 |
104 310 240 113 68 118 160 51 60 |
|---|---|---|---|---|---|
| Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 Trench 4 |
0 10 20 30 40 50 60 70 80 90 100 |
10 20 30 40 50 60 70 80 90 100 110 |
800 300 1700 3650 3700 90 1700 165 2100 5500 3750 |
23 14 40 53 63 8 35 11 38 85 69 |
1620 370 1430 465 1390 220 745 685 970 275 215 |
| Trench 5 Trench 5 Trench 5 Trench 5 Trench 5 Trench 5 Trench 5 Trench 5 Trench 5 |
0 10 20 30 40 50 60 70 80 |
10 20 30 40 50 60 70 80 90 |
16 21 74 3450 4000 9400 4150 1750 2750 |
8 <6 6 47 56 85 53 26 38 |
780 730 670 430 395 235 395 325 260 |
| Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 Trench 6 |
0 10 20 30 40 50 60 70 80 90 |
10 20 30 40 50 60 70 80 90 100 |
13000 14000 14000 1950 300 5800 6750 5900 1800 600 |
390 430 430 40 14 120 290 205 102 23 |
56 47 73 230 151 160 170 118 305 345 |
| Trench 7 Trench 7 Trench 7 Trench 7 Trench 7 Trench 7 Trench 7 |
0 10 20 30 40 50 60 |
10 20 30 40 50 60 70 |
3700 3400 7200 14500 12000 35500 5800 |
96 112 230 300 205 166 63 |
195 22 60 43 51 75 500 |
| Trench 8 Trench 8 Trench 8 Trench 8 Trench 8 Trench 8 Trench 8 Trench 8 Trench 8 |
1 10 19 28 37 46 55 64 73 |
10 20 30 40 50 60 70 80 90 |
400 4100 3500 5000 2400 400 145 1200 1100 |
26 140 123 200 96 20 14 66 40 |
141 87 60 64 100 127 47 113 132 |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
– Kanyaka Target Soil Samples
| Prospect | East | North | Cu (ppm) | Niton_Cu Error |
Co (ppm) | Niton_Co Error |
Pb (ppm) | Niton_Pb Error |
Zn (ppm) | Niton_Zn Error |
|---|---|---|---|---|---|---|---|---|---|---|
| Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka |
244600 244575 244550 244525 244499 244449 244401 244375 244351 244300 244249 244200 244150 244100 244051 244000 243950 243908 243900 243851 243799 243750 243700 243650 243624 243601 243551 243500 243450 243401 243350 243299 243250 243201 243150 243076 243100 243125 243150 243175 243200 243224 243250 243275 243299 243300 243324 243350 243374 243401 243425 243450 243475 243500 243525 243550 243575 243600 243624 |
6448800 6448801 6448800 6448801 6448800 6448800 6448800 6448805 6448800 6448800 6448800 6448800 6448801 6448800 6448799 6448799 6448800 6448796 6448801 6448800 6448800 6448800 6448801 6448801 6448800 6448801 6448800 6448800 6448800 6448800 6448800 6448800 6448801 6448800 6448800 6448400 6448401 6448399 6448400 6448400 6448400 6448400 6448401 6448400 6448423 6448400 6448400 6448400 6448400 6448400 6448400 6448400 6448400 6448401 6448400 6448400 6448401 6448400 6448400 |
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 42 0 0 0 0 0 0 0 0 0 0 0 0 0 |
39 39 41 68 36 38 41 55 36 37 38 34 42 37 36 34 35 44 34 36 29 32 35 33 30 31 30 35 29 34 33 30 33 35 27 29 31 30 29 31 31 35 30 31 34 24 36 35 30 28 30 29 33 38 36 35 37 48 29 |
0 0 0 0 0 0 0 0 0 0 0 0 0 0 783 360 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
449 405 404 2667 361 405 365 324 363 399 370 289 438 409 342 237 347 607 324 338 261 302 291 342 322 336 286 255 275 326 326 311 368 385 167 285 232 253 315 300 258 302 251 305 211 296 269 250 236 269 267 245 257 378 376 281 335 353 207 |
28 35 41 44 31 47 20 0 38 26 21 24 42 23 50 29 36 36 47 44 39 28 42 35 29 20 58 15 0 24 21 21 24 21 0 26 17 23 16 0 26 21 20 24 91 0 22 21 19 16 24 0 18 43 34 37 32 27 18 |
14 14 16 23 14 16 13 20 14 13 12 12 17 13 16 13 13 16 14 14 13 12 14 13 12 11 15 10 15 12 11 11 12 12 14 12 10 12 10 15 11 11 11 12 19 14 11 11 11 10 11 15 10 14 14 14 13 15 10 |
62 62 95 181 64 42 59 0 44 197 70 85 126 184 242 46 60 0 33 80 27 72 81 66 65 81 35 37 39 62 58 56 65 0 0 0 0 0 0 32 0 49 0 40 46 88 66 65 0 53 61 0 48 87 79 62 86 86 0 |
26 24 28 77 24 23 25 44 22 35 25 25 33 34 39 22 22 39 19 23 17 22 24 23 23 23 18 19 19 22 21 21 22 30 22 26 26 27 26 19 24 20 25 20 20 23 22 22 26 20 21 25 19 25 25 24 25 30 22 |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka |
243650 243675 243700 243722 243724 243750 243775 243800 243824 243850 243875 243900 243925 243950 243975 244000 244025 244050 244074 244100 244124 244150 244173 244200 244201 244176 244150 244125 244100 244075 244050 244038 244025 244000 243976 243951 243926 243900 243875 243850 243826 243800 243776 243751 243724 243700 243739 243734 243720 243717 243708 243694 243663 243649 243625 243600 243576 243550 243525 243501 |
6448400 6448401 6448400 6448399 6448399 6448400 6448400 6448401 6448401 6448400 6448400 6448400 6448400 6448399 6448401 6448400 6448400 6448401 6448399 6448400 6448401 6448400 6448400 6448399 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6447994 6448000 6448000 6448000 6447999 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6447947 6447947 6447949 6447951 6447957 6447963 6447999 6448001 6448000 6448000 6448000 6447999 6448000 6448000 |
0 47 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 110 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64 0 0 0 0 0 0 0 48 56 114 |
32 28 40 45 39 37 35 35 36 36 37 42 33 41 38 41 39 35 34 38 35 35 39 37 34 35 35 39 40 42 39 34 42 44 43 36 34 30 41 37 34 38 34 33 28 25 49 39 29 32 53 39 36 36 33 39 39 24 25 32 |
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
273 313 335 440 304 292 319 328 346 351 369 343 344 350 363 394 369 335 350 328 373 361 352 387 361 356 361 337 380 387 374 377 380 406 445 464 352 337 381 379 316 326 329 294 195 227 760 370 220 463 292 240 347 309 240 303 336 279 219 309 |
37 50 28 0 24 31 27 31 30 18 31 22 26 0 28 22 23 22 36 28 32 28 22 31 29 22 39 28 27 28 44 20 43 26 48 38 42 42 51 97 36 53 32 32 23 16 120 42 31 45 36 0 43 41 34 52 78 73 43 88 |
13 15 14 18 13 14 13 14 14 12 14 13 13 17 14 13 13 12 15 14 14 13 13 15 14 12 15 13 14 15 16 12 16 14 16 15 14 14 17 21 14 17 13 13 10 10 26 17 13 16 17 19 14 14 12 16 19 16 13 18 |
44 70 37 0 65 41 80 33 52 74 75 57 45 67 73 47 56 53 53 67 42 85 67 62 66 61 66 70 92 103 105 39 82 60 98 123 71 77 133 233 74 78 56 38 28 0 506 153 180 556 146 154 55 58 0 82 129 126 80 177 |
19 24 23 35 25 21 25 20 23 25 26 25 23 25 26 25 24 22 24 25 22 26 25 26 25 24 25 25 28 31 29 22 27 25 28 31 24 24 32 37 23 26 22 20 16 24 60 35 31 55 37 34 21 21 25 26 29 25 22 31 |
|---|---|---|---|---|---|---|---|---|---|---|
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka |
243475 243451 243424 243400 243378 243377 243379 243372 243367 243362 243346 243338 243332 243325 243301 243275 243249 243225 243200 243175 243152 243137 243151 243177 243181 243187 243187 243199 243225 243250 243276 243300 243325 243349 243375 243374 243400 243425 243449 243474 243500 243524 243550 243574 243601 243625 243650 243700 243724 243750 243775 243800 243823 243850 243874 243899 243925 243949 243975 244000 |
6448000 6448000 6448000 6448000 6448001 6448000 6448000 6448004 6447999 6447993 6447990 6447988 6447993 6447999 6448000 6448000 6448000 6448000 6448000 6448000 6448000 6448150 6448151 6448151 6448157 6448155 6448149 6448151 6448149 6448150 6448150 6448150 6448150 6448149 6448135 6448150 6448150 6448150 6448150 6448149 6448150 6448150 6448150 6448151 6448150 6448150 6448151 6447599 6447600 6447601 6447600 6447600 6447601 6447601 6447601 6447600 6447600 6447600 6447600 6447601 |
185 109 108 99 406987 537 1150 227 610 887 214 896 216 107 42 0 0 0 0 0 0 0 188 444 8239 3050 719 182 398 187 308 150 400 262 372 458 551 298 184 228 53 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
37 30 32 31 3164 72 131 40 74 68 39 92 46 31 25 35 33 35 33 34 34 34 39 62 236 225 73 34 47 39 45 36 53 47 51 52 58 48 41 39 26 33 33 34 32 33 51 33 37 29 33 37 37 37 34 39 42 37 31 35 |
0 0 0 0 25466 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 345 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
364 330 372 363 1385 848 1714 283 937 176 189 695 229 349 347 383 319 346 387 359 308 338 373 593 448 3031 610 114 273 303 358 328 358 398 200 309 325 343 334 208 278 240 258 263 262 345 298 282 309 228 293 312 352 352 343 336 319 324 274 308 |
107 54 60 51 627 158 846 152 46 305 1164 7154 519 184 100 34 18 27 0 22 0 38 386 1288 216 185 851 170 417 147 205 117 116 110 320 89 114 57 73 87 40 22 30 0 0 33 125 26 34 0 20 39 27 41 25 27 31 39 37 58 |
20 15 16 15 100 29 82 23 18 31 60 186 46 25 19 13 11 13 16 11 15 13 37 73 30 43 58 22 35 24 27 21 22 22 34 18 20 17 19 18 14 11 12 16 15 13 26 12 13 14 11 14 14 15 12 14 14 15 13 16 |
300 119 102 81 67449 164 388 342 284 295 207 173 169 71 40 51 41 0 29 0 0 50 143 385 415 1400 568 0 158 364 120 92 295 280 72 487 358 52 67 98 29 0 52 37 56 62 237 0 0 0 39 206 96 87 63 95 83 99 67 86 |
37 26 26 24 1242 43 80 39 50 37 32 44 35 23 20 21 19 31 19 28 26 21 30 50 65 150 58 24 28 43 28 26 40 41 25 46 42 24 26 25 19 26 20 21 21 22 42 26 28 24 20 34 27 26 23 29 27 27 21 24 |
|---|---|---|---|---|---|---|---|---|---|---|
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799
PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au
==> picture [162 x 44] intentionally omitted <==
| Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka Kanyaka |
244024 244050 244074 244149 244176 244199 244206 244224 244250 244275 244299 244325 244349 244375 244399 244426 244450 244474 244526 244551 244574 244600 244573 244647 |
6447600 6447601 6447601 6447600 6447600 6447599 6447595 6447600 6447601 6447600 6447599 6447601 6447600 6447601 6447599 6447599 6447600 6447600 6447601 6447600 6447600 6447600 6447548 6447674 |
0 0 0 0 0 70 171 0 49 0 0 0 0 0 0 0 0 0 0 0 0 0 50 0 |
38 35 34 33 32 31 44 36 30 41 36 35 41 45 37 36 32 35 34 39 49 31 32 76 |
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
365 319 261 232 228 315 352 195 333 324 341 305 359 197 303 293 316 331 345 282 391 308 298 1565 |
46 48 52 17 22 45 31 17 34 37 36 31 38 24 0 0 17 37 31 0 0 30 27 94 |
16 15 15 10 10 15 15 11 14 15 15 14 16 15 17 16 11 14 13 16 18 12 14 28 |
149 102 60 0 0 54 62 38 51 62 41 75 50 0 47 0 35 40 36 34 0 70 52 542 |
33 26 22 25 24 24 28 21 24 25 22 24 25 36 22 28 20 21 20 22 42 22 25 81 |
|---|---|---|---|---|---|---|---|---|---|---|
| *Projection MGA94_Zone54 |
Auroch Minerals Ltd ABN 91 148 966 545
1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: [email protected] www.aurochminerals.com.au