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ORE RESOURCES LIMITED Regulatory Filings 2021

Mar 24, 2021

65504_rns_2021-03-24_97fa13ea-b3ce-4f40-9780-8c148b983952.pdf

Regulatory Filings

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ASX ANNOUNCEMENT

25 March 2021

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DIAMOND DRILLING COMMENCES AT LEINSTER NICKEL PROJECT

Highlights

  • 1,200m diamond drilling programme underway at Leinster Nickel Project to test high priority magnetic targets directly along strike from the shallow high-grade nickel sulphide mineralisation at the Horn Prospect

  • Programme to be followed by an 1,800m RC programme to test more regional targets at Leinster, and is expected to take 4 – 5 weeks

  • 4 high priority targets were defined after regional geochemical and geophysical review, 3 of which have never been drilled historically

  • Maiden RC drill programme at the Nepean Nickel Project has now been completed, and downhole electromagnetic ( DHEM ) surveys are currently underway; results are expected over the coming weeks

Auroch Minerals Limited ( ASX:AOU ) ( Auroch or the Company ) is pleased to announce that diamond drilling has commenced at the Leinster Nickel Project ( Leinster ) in Western Australia.

The drill programme will begin with four diamond drill-holes, designed to test high-priority magnetic targets directly along strike from the shallow high-grade nickel sulphide mineralisation at the Horn Prospect.

Following these drill-holes reverse-circulation ( RC ) drilling will commence to further test the strike potential along from the Horn, as well as some of the more-advanced regional targets across the Leinster tenure.

The combined diamond and RC drill programmes will consist of approximately 1,200m of diamond drilling and 1,800m of RC drilling.

The drill programmes follow up on the Company’s successful diamond drill programme at the Horn in late 2020 which successfully intersected thick high-grade nickel-copper sulphide mineralisation at shallow depths, including:

  • 7.30m @ 2.20% Ni & 0.53% Cu from 143.00m (HNDD002)

  • 4.09m @ 2.40% Ni & 0.61% Cu from 119.91m (HNDD001)[1]

A detailed review of the project’s geochemistry and geophysics identified that the high-grade nickelsulphide mineralisation at the Horn was strongly coincident with an aeromagnetic anomaly, and that further similar aeromagnetic high anomalies exist directly along strike from Horn which have never previously been drill-tested (Figure 1).

The highest priority of these aeromagnetic target areas is the magnetic anomaly directly northwest of the Horn. This target has been named the Woodwind Prospect and the Company has planned three diamond holes and a further eight RC holes to test this prospect’s potential to host significant nickel sulphide mineralisation. Further to the northwest are the String and Brass Prospects which are also defined by untested magnetic highs.

1 Refer to ASX Announcement from 14 December 2020 - FURTHER HIGH-GRADE MASSIVE NICKEL SULPHIDES AT THE HORN https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-023216706A1012289?access_token=83ff96335c2d45a094df02a206a39ff4.

ASX ANNOUNCEMENT 25 March 2021

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Auroch Managing Director Aidan Platel commented :

“We are excited to be back on the ground at Leinster and drilling such high-potential exploration targets. Our drilling last year confirmed thick high-grade nickel and copper sulphide mineralisation at very shallow depths at the Horn Prospect, but importantly it also showed how well this mineralisation is “mapped” by the aeromagnetic anomaly there.

We have very similar aeromagnetic anomalies along strike to the northwest of the Horn which basically have never been drilled, so we are eager to test these anomalies and see if the relationship between the aeromagnetic highs and the nickel sulphide mineralisation continues along strike.

Our maiden RC programme at Nepean has been completed, which tested both near-mine shallow drill targets as well as more regional greenfields targets along the full 10km of prospective strike. We are awaiting assay and DHEM results which we expect to receive over the coming weeks.”

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Photo 1 – Diamond drill rig commencing drill programme at the Leinster Nickel Project

Nepean Drilling Update

Drilling has now concluded at the Nepean Nickel Project. In total, 32 holes for 3,397m were drilled, testing both shallow targets near the historic high-grade Nepean nickel mine and regional aeromagnetic targets along strike (Figure 2). All samples have been delivered to the laboratory and DHEM surveys are underway. The results from this programme will be modelled and used to define targets for the next phase of drilling at Nepean.

ASX ANNOUNCEMENT

25 March 2021

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Figure 1 – Plan map of the Leinster Nickel Project showing planned drill-holes relative to aeromagnetic highs (RTP 1VD East shade linear)

ASX ANNOUNCEMENT

25 March 2021

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Figure 2 – Plan map of the Nepean Nickel Project showing completed RC drill-holes relative to aeromagnetic (RTP) highs (high-resolution aeromagnetic survey overlying GSWA 250k merged mosaic)

This announcement has been authorised by the Board of Directors of the Company.

-END-

ASX ANNOUNCEMENT 25 March 2021

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For further information visit www.aurochminerals.com or contact:

Aidan Platel

Managing Director E: [email protected]

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Aidan Platel and represents an accurate representation of the available data. Mr Platel (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’ ("JORC Code 2012"). Mr Platel consents to the disclosure of this information in this report in the form and context in which it appears.

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Auroch Minerals Limited’s planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential", "should," and similar expressions are forward-looking statements. Although Auroch Minerals Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

Table 1 – Drill-hole collar information of the completed RC drill programme at the Nepean Nickel Project

HOLE ID EASTING
(m)
NORTHING
(m)
ELEVATION
(m)
AZIMUTH DIP FINAL
DEPTH (m)
NPRC031 317,520 6,550,166 415 060 -60 124
NPRC032 317,549 6,550,180 415 060 -60 84
NPRC033 317,588 6,550,174 415 060 -60 54
NPRC034 317,578 6,550,168 415 060 -60 72
NPRC035 317,628 6,550,159 415 060 -60 66
NPRC036 317,598 6,550,137 415 060 -60 72
NPRC037 316,883 6,555,350 417 090 -60 102
NPRC040 316,797 6,555,343 417 090 -60 168
NPRC041 317,623 6,550,110 415 060 -60 72
NPRC042 317,642 6,550,114 415 060 -60 54
NPRC043 317,658 6,550,037 415 060 -60 78
NPRC044 317,686 6,550,028 415 060 -60 66
NPRC045 316,900 6,555,464 417 090 -60 150
NPRC046 316,820 6,555,464 417 090 -60 189
NPRC047 316,820 6,554,959 417 090 -60 13
NPRC048 316,786 6,555,164 417 090 -60 150
NPRC049 317,010 6,553,560 417 090 -60 174
NPRC050 316,907 6,553,554 417 090 -60 300
NPRC051 317,140 6,556,931 400 090 -60 180
NPRC052 317,654 6,550,053 415 060 -60 78
NPRC053 317,686 6,550,037 415 060 -60 54
NPRC054 317,669 6,550,051 415 060 -60 66
NPRC055 317,674 6,550,042 415 060 -60 60
NPRC056 317,527 6,550,232 415 060 -60 73
NPRC057 317,231 6,557,366 415 090 -60 150
NPRC058 317,448 6,558,199 415 090 -60 150

ASX ANNOUNCEMENT

25 March 2021

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NPRC059
NPRC060
NPRC061
318,502 6,547,347 415 090 -60 108
318,148 6,547,843 415 090 -60 102
318,149 6,547,789 415 090 -60 102
NPRC062 318,144 6,547,938 415 090 -60 102

All coordinates in MGA 1994 UTM Zone 51S

JORC Code, 2012 Edition, Table 1 (Leinster) 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 1m samples
from which 3kg was pulverised to produce
a 30g 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.

Nickel mineralisation at Leinster has been
sampled by drilling from surface to 464m,
vertical depth. Drilling methods employed
from 1996-2015 include aircore, rotary air
blast (RAB)s, percussion/ reverse circulation
(RC) and diamond cored drilling.

Aircore, percussion and RC drilling returns a
sample of broken rock collected in a bag at
site at the time of drilling. Drill core from
diamond drilling technique is later split by a
core saw.

Documentation of measures taken by
previous operators (Breakaway Resources
and WMC/Forrestania Gold) 1993-2010 to
ensure sample representivity is not available.

Historical drill chips were geologically logged
every 1m by experienced geologists.

Historic drill hole assays, in conjunction with
historic geological logging data, have been
used by AOU to gain an understanding of the
mineralisation at Leinster.

1996-2005 (WMC/Forrestania Gold): RC
samples, 1 - 4m composites and 0.19 – 1.9m
composite diamond core samples, Analysis at
Genalysis Laboratories Multi Acid Digest -
Inductively Coupled Plasma Optical (Atomic)
Emission Spectrometry

2006-2011 (Breakaway): 4m RAB composite
samples, Genalysis ATOES

Auroch – 0.3-1.2m ½ core HQ/NQ sample,
ALS Minerals, ME-MS61 all samples, Ni-
OG62H & PGM-ICP23 on Ni mineralised
zones. 2-3m ¼ HQ/NQ composite sample
ALS Minerals, ME-MS61 all samples.
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).

1996-2005 (WMC/Forrestania Gold): AC/RAB,
10 RC-percussion holes for 1699m diameter
unspecified, no downhole surveys; 11
diamond core drill holes for 4097m -
diameter unspecified, 30m downhole surveys
by Eastman Single Shot camera.

2006-2010 (Breakaway): 28 RC holes for
5066m, diameter unspecified, 30m Eastman

ASX ANNOUNCEMENT

25 March 2021

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CRITERIA JORC CODE EXPLANATION COMMENTARY
single shot camera or Reflex tool; 62 diamond
core drill holes for 13207m, HQ and NQ, 30m
Eastman single shot camera or Reflex tool
surveys followed up with north-seeking gyro
survey (5m intervals), core structurally
orientated by method unspecified.

Auroch Minerals; 1208.6m drilled over six
Diamond core holes to date.
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.

Sample recovery assessment details not
documented by previous operators
WMC/Forrestania Gold.

Sample recovery assessment details not
documented by previous operators
Breakaway Resources.

Auroch Minerals; Accurate Core recovery
measurements are recorded during
detailed logging.
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.

Geological logging data collected to date is
sufficiently detailed. At this stage detailed
geotechnical logging is not required.

Geological logging is intrinsically
qualitative.

2006 – 2010 (Breakaway): Diamond core
have been photographed in the core trays.

Only selective core photos are available for
historic drilling by WMC/Forrestania Gold
(1996-2005).

Historic drill holes were geologically logged
by previous operators and these data are
available to Auroch Minerals.

Auroch Minerals; Drill core is geologically
logged by qualified geologists in the field.
Logging is completed over the entire
recovered drill core.

ASX ANNOUNCEMENT

25 March 2021

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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.

1996 – 2005 (WMC/Forrestania Gold):
Statutory reports detail Core was sampled
as sawn half or quarter core, generally in
continuous lengths with sampling
consistently on the same side of the core,

2006 – 2010 (Breakaway): Core was
sampled predominantly as sawn half core
with some quarter core, generally in
continuous lengths with sampling
consistently on the same side of the core.

Measures taken by WMC/Forrestania Gold
and Breakaway 1996 - 2010 to ensure RC,
percussion sample representivity have not
been documented.

1m RC percussion, maximum 1m length
core samples, or as close as reasonable
within geological boundaries, are
considered appropriate for the style of
mineralisation being targeted.

Historic drill holes were logged at level of
detail to ensure sufficient geological
understanding to allow representative
selection of sample intervals.

Sampling QAQC measures taken by
Forrestania Gold and Breakaway 1996 –
2010 have not been documented.

It is assumed that Forrestania Gold and
Breakaway sample sizes were appropriate
for the type, style and thickness of
mineralisation tested.

Auroch Minerals; core is sawn and sampled
as half or quarter core. Half core samples
range from 0.3-1.2m based on geological
boundaries which is considered
representative for NQ2 core and the style
of mineralisation targeted. A single side of
the core is selected for sample consistently
throughout the hole.
.
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 (i.e. lack of
bias) and precision have been established.

1996 - 2005 (WMC/Forrestania Gold):
Genalysis mixed four acid digest followed
by AT/OES analysis

2006 - 2010 (Breakaway): Genalysis or
Ultratrace mixed four acid digest followed
by AT/OES analysis. Matrix and massive
sulphides subjected were cast using a
12:22 flux (sodium nitrate) to form a glass
bead (silicate fusion) followed by XRF
analysis. Disseminated sulphides were
subjected to four acid digested followed by
AT/OES analysis. Pd, Pt and Au analysed by
Pb collect fire assay.

Nickel sulphide collection fire assay NIS-
MS, AT/OES and Silicate Fusion XRF are
considered the most appropriate methods
for Ni determination.

No other instruments outside of the

ASX ANNOUNCEMENT

25 March 2021

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CRITERIA JORC CODE EXPLANATION COMMENTARY
Genalysis/ Ultratrace laboratories were
used for analyses of 1996 - 2010 samples.

It is assumed that industry standard
commercial laboratory instruments were
used by Genalysis/Ultratrace analyse
historical drill samples from the Horn
prospect.

It is assumed that industry best practice
was used by previous operators to ensure
acceptable assay data accuracy and
precision. Historical QAQC procedures are
not recorded in available documents.

2006 – 2010 (Breakaway): QAQC
procedures are not recorded in available
documents, however approximately 1:20
commercially available base metal
standards were inserted in the sampling
schedule for diamond core samples which
is documented in Breakaway drilling data
files.

2020 (Auroch Minerals): ALS Minerals,
multi element analysis method ME-ICP61
utilised for all samples, consisting of multi
acid digestion with HF and ICPAES analysis.
methods are considered suitable for the style
of mineralisation targeted.

2020 (Auroch Minerals): Certified
Reference Material (CRM’s) and quartz
blank (Blanks) samples are inserted 1:20 as
part of Auroch’s Qa/Qc procedure.
Accuracy and performance of CRM’s and
Blanks are considered after results are
received.
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 historic drilling data including collar
coordinates, hole orientation surveys, total
depth, sampling intervals and lithological
logging were collated from statutory
annual reports and historic digital data files
and verified by Auroch’s Geologists.

No indication of drill holes being twinned
by previous workers has been observed or
documented.

It is assumed that industry best practice
was used for collection, verification and
storage of historic data.

Historical drilling data from Forrestania
Gold and Breakaway were compiled in a
Microsoft Access database.

No adjustments to assay data were
undertaken.
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.

Qualityand adequacyof topographic

Historical drill collars were surveyed in AGD84
datum by Forrestania Gold and Breakaway
Resources and converted to GDA94/MGA
Zone 51 by Breakaway Resources in their
Access drill hole database.

1996-2005 (Scotia Nickel) drill collars were
located bydifferential GPS relative to AGD84

ASX ANNOUNCEMENT

25 March 2021

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CRITERIA JORC CODE EXPLANATION COMMENTARY
control. datum. Downhole surveying by Eastman
single- shot

2006-2010 (Breakaway) drill collars were
located using a handheld GPS relative to the
AGD84 datum achieving ± 4 metre accuracy.
Downhole surveying by Eastman single shot
camera, Reflex tool and north-seeking gyro
tool.

Auroch Minerals; Holes are planned out using
a handheld GPS with accuracy of ± 4 metre.
At completion of drilling programme, all holes
are DGPS surveyed, which provides a collar
accuracyof ± 0.15m.
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.

1996-2005 (Forrestania Gold): Typically
sampled in 1-4 metre intervals, skipping
intervals of no interest and increasing the
frequency of sampling depending on the
geology observed in diamond drill core
(smallest sample length 0.1m).

2006-2010 (Breakaway Resources): Drilling
typically sampled in 4 metre intervals from
start of hole, increasing the sampling rate
to every metre or to more detail
depending on the geology observed in
diamond drill core (smallest sample length
0.15m).

Drill data spacing of historic drill data
(1996-2010) is sufficient to establish the
degree of geological and grade continuity
appropriate for estimating an Inferred Ni
Resource.

Auroch Minerals; Drill holes aim to test
between historic drill lines. Historic drill
hole spacing the reported area is 40m line
spacing.
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.

Historical drill holes were oriented, as far
as reasonably practical, to intersect the
centre of the targeted mineralised zone
perpendicular to the interpreted strike
orientation of the mineralised zone.

The geometry of drill holes relative to the
mineralised zones achieves unbiased
sampling of this deposit type.

No orientation-based sampling bias has
been identified.

Auroch Minerals – Drill holes aim to
intersect mineralisation perpendicular to
strike and dip. True widths of
mineralisation are recorded during
detailedgeological logging.
Sample security
The measures taken to ensure sample
security.

It is assumed that due care was taken
historically with security of samples during
field collection, transport and laboratory
analysis.

1996 – 2005 (Forrestania Gold): No
location of drill samples or core is

ASX ANNOUNCEMENT

25 March 2021

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CRITERIA JORC CODE EXPLANATION COMMENTARY
documented in historical annual reports.

2005 – 2010 (Breakaway): Drill core is
stored at Saracen Mineral Holdings
Thunderbox Gold Mine. Remnant drill core,
laboratory pulps and residues from both
the core and RC samples have been
permanently retained in secure storage
containers.

Auroch Minerals – Drill core is processed in
a secure core yard, where logging, cutting
and samplingcan be conducted onsite.
Audits or reviews
The results of any audits or reviews of
samplingtechniques and data.

No independent audit or review has been
undertaken.

Section 2: Reporting of Exploration Results

CRITERIA JORC CODE EXPLANATION COMMENTARY
Mineral
tenement and
land tenure
status

Type, reference name/number, location and
ownership including agreements or material issues
with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.

The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.

The Leinster project consists of exploration
leases E36/899 (Horn) & E36/936 (Valdez), is
held by Altia Resources Ltd (Altia), a wholly
owned subsidiary of Auroch Minerals Ltd.

Third Party Rights Sandstorm Gold Ltd holds
2.5% Net Smelter Royalty (NSR) on E36/899
and E36/936 pertaining to all ores, minerals
concentrates and other products containing
nickel, copper and platinum group elements.

There are no material issues with regard to
access.

The tenement is in good standing and no
known impediments exist.
Exploration
done by other
parties

Acknowledgment and appraisal of exploration by
other parties.

Significant exploration drilling has been
conducted previously by Western Mining
Corporation (WMC), Scotia Nickel/LionOre
and Breakaway Resources at the Leinster
Project, including AC, percussion/RC and
diamond core drilling.

Data collected by these entities has been
reviewed in detail byAOU.
Geology
Deposit type, geological setting and style of
mineralisation.

Horn mineralisation is regarded as an
Archaean komatiite-hosted massive nickel
sulphide deposit. The project straddles the
Weebo-Mt Cliffordgreenstone belt.
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:

easting and northing of the drill hole collar

elevation or RL (Reduced Level – elevation
above sea level in metres) of the drill hole
collar

dip and azimuth of the hole

down hole length and interception depth

hole length.

If the exclusion of this information is justified on
the basis that the information is not Material and

A Drill hole location table has been included
in this announcement.

ASX ANNOUNCEMENT

25 March 2021

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CRITERIA JORC CODE EXPLANATION COMMENTARY
this exclusion does not detract from the
understanding of the report, the Competent
Person should clearlyexplain whythis is the case.
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 clearlystated.

Exploration Results were reported by using
the weighted average of each sample result
by its corresponding interval length, as is
industry standard practice.

Grades >0.5% Ni are considered significant
for mineralised intercepts.

Metal equivalent values have not been used.
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’).

Most drill holes were angled to the West or
East so that intersections are orthogonal to
the orientation 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.

Relevant diagrams have been included within
the announcement.
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 results related to mineralisation at the
Firefly prospect have been reported in the
Significant Intercepts Table.
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
contaminatingsubstances.

No other substantive data exists.
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 commerciallysensitive.

AOU is currently reviewing all Leinster
project data to determine if further drilling is
warranted. If it is determined that additional
drilling is required AOU will announce such
plans in due course.

Refer to diagrams in the body of text.