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PANTERA MINERALS LIMITED — Capital/Financing Update 2021
Dec 22, 2021
65546_rns_2021-12-22_8d59f7f9-e871-4924-a365-eb54e560f41d.pdf
Capital/Financing Update
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23 December 2021
Level 1 10 Outram Street West Perth WA 6005
PANTERA ACQUIRES EXCITING ABRA-STYLE LEAD-SILVER PROJECT
HIGHLIGHTS
-
Pantera acquires Lead-Silver Project , comprising three granted Exploration Licences, with three drill-ready targets.
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Hellcat located within 70km of the Galena Mining ‘Abra’ polymetallic Deposit (ASX:G1A); within the same stratigraphic & structural setting and sharing a similar geophysical signature (Fig. 1).
-
442km[2] project area adds a significant new land holding within the Edmund Basin, which compliments the newly granted Frederick polymetallic project, and builds the Company’s footprint in Western Australia.
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Hellcat represents an exciting greenfields project with advanced, drill-ready geophysical targets, with gravity signatures similar to Abra (Fig. 2).
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Drill targets are geophysical anomalies with proximal mineralisation at surface and is analogous to the Abra Deposit. Significantly, the gravity anomaly is modelled as being 185m below surface, shallower than Abra.
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Exploration planning to begin immediately with 3 diamond drillholes planned for Q1/Q2 2022 and Exploration Incentive Scheme (EIS) funding secured.
==> picture [440 x 191] intentionally omitted <==
Figure 1 – Project Hellcat location with identified targets.
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- Acquisition supported by a two tranche Placement of 7,500,000 shares at A$0.20 per share (and attaching options) to raise $1.5 million to fully fund initial exploration.
==> picture [510 x 379] intentionally omitted <==
Figure 2 – Hellcat Project with gravity images showing similarities between PFE Teano target and G1A Abra deposit.
Pantera Chief Executive Officer, Matthew Hansen, commented:
“The Hellcat Project is an exciting acquisition for Pantera that builds our landholding in Western Australia and more importantly within the Edmund Basin; an emerging region for globally significant base metal deposits. The Company sees this acquisition as an opportunity that complements our Frederick polymetallic project.
The project comes with three high-priority, drill ready geophysical targets that have approved EIS funding for drilling and we look forward to applying new exploration concepts to the targets, based on the learnings from the development of the Abra Pb-Ag deposit. 2022 will be an exciting year for the Company.”
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Pantera Minerals Limited ( Pantera or the Company ) (ASX:PFE) is pleased to announce that the Company has entered into a binding Heads of Agreement with Bangemall Metals Pty Ltd (the Vendor ) to acquire an 80% interest in Project Hellcat, three granted Exploration Licences located within 70km of the Abra lead silver deposit, in Western Australia.
TENURE & LOCATION
The Hellcat Project, totalling 442km[2] , is located within the Mid-West region of Western Australia; approximately 850km NNE of Perth, 230km NW of Meekatharra and 220km SW of Newman (Fig. 3).
Access to the Hellcat tenements is via the Great Northern Hwy & Mt Augustus-Woodlands Rd, then local station tracks. The existing Pantera Frederick lead silver project is 110km to the west, in the same stratigraphic setting.
The Hellcat Project, consist of three granted tenements (Tenements) and one additional exploration licence application, E52/4026, has jointly been applied for by both the Company and the Vendor (80% PFE / 20% Vendor), being prospective ground with anomalous zinc grades (up to 1% Zn in historic rock sample – Tab. 1) with multiple regional scale faults and anticlines.
==> picture [489 x 345] intentionally omitted <==
Figure 3 – Project Hellcat location with regional geology.
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GELOGICAL SETTING
Project Hellcat is located within the Edmund Basin, an emerging region for polymetallic mineralisation. Paleoproterozoic sediments have been deformed with large scale folding and faulting, introducing mineral-rich hydrothermal fluids which have travelled along regional scale structures and splays.
The project is at the western extent of the Jillawarra Sub-basin which hosts the Abra Pb-Ag Deposit. Hellcat sits within same stratigraphic sequence and structural setting as Abra, and significantly there are coincident geophysical and geochemical anomalies within the Hellcat project area.
==> picture [208 x 177] intentionally omitted <==
==> picture [264 x 176] intentionally omitted <==
Figure 4 – Rock samples collected within tenements (left – galena in quartz vein; right – galena and malachite in quartz vein).
MINERALISATION
Historical and open file geophysical survey data, geochemical and geological information has been compiled, integrated, and interpreted, identifying several high-priority drill targets.
Several areas of Pb-Ag, Zn and Cu anomalism at surface have been identified from rock sampling, including crystalline galena and malachite staining within quartz veins (Fig. 4).
Historic rock sample details assays are presented in Table 1, with assays peaking at:
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10.9% Pb & 66g/t Ag (sample AB050915 from report A114096)
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1.0% Zn (sample 292707 from report A8479)
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0.3% Cu (sample RP13683 collected by Bangemall Metals).
These peak values are not indicative nor representative of the broader rock sample results, but prove to highlight the presence of mineralisation and maximum assay values returned in rock sampling. Details in Table 1 include sample location, date, company, report sourced, description available and assays for Ag, Cu, Pb and Zn.
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Pantera has verified anomalous geochemical samples during a recent field assessment with visual observations of galena and malachite. Results from 2021 rock sampling by Bangemall Metals were consistent with historic sampling, with similar anomalous Pb, Ag, and Cu values.
Rock sampling is random in nature, with altered or visually mineralisation material collected. It is intended to demonstrate the presence of mineralisation, not to establish a mineral resource. Many of the samples were collected and reported in the 1970’s, so reports do not conform to the current requirements of the JORC Code 2012. The Competent Person has not done sufficient work to disclose the historic Exploration Results in accordance with the JORC Code 2012. It is possible that following further evaluation and/or exploration work that the confidence in the historically reported Exploration Results may be reduced when reported under the JORC Code 2012. Nothing has come to the attention of Pantera that causes it to question the accuracy or reliability of the former owners exploration results. Pantera has not independently validated the former owner’s exploration results and therefore is not to be regarded as reporting, adopting or endorsing those results.
==> picture [513 x 385] intentionally omitted <==
Figure 5 - Simplified exploration summary of E52/3881, showing the Teano and Navi targets.
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UPCOMING EXPLORATION
Project Hellcat comes with three drill ready targets (Fig. 5), with the Teano Gravity target being the highest priority. This drill target is a geophysical anomaly with proximal mineralisation at surface and is analogous to the Abra Deposit. Significantly, the gravity anomaly is modelled as being 185m below surface, shallower than Abra.
The Teano Gravity Target is similar sized lateral footprint to surface projection of Abra mineralisation, but with a higher amplitude gravity anomaly. The anomaly could represent significant galena, barite, chalcopyrite, iron oxide mineralisation at depth. Situated at the Irregully-Kiangi Creek formation contact and near two intersecting, regionally extensive, mineralised Pb-Cu quartz veins, the target has potential strong hydrothermal source. Pantera has commenced planning for a 600m diamond drillhole to test the Teano Gravity target.
The Teano EM target is defined as a conductor plate approximately 260m below surface, at the intersection of two regional scale faults. A 400m diamond drillhole is planned to test the Teano EM target.
The Navi Gravity/EM target is defined as an elongate gravity anomaly with a coincident conductor plate within an anticlinal fold hinge. The gravity and EM targets are modelled ~350m below surface. A 600m diamond drillhole is planned to test the Navi target.
Exploration Incentive Scheme funding of $150,000 has been approved to pay for 50% of direct drilling costs.
CONSIDERATION
PFE will acquire the 80% interest in the Tenements for a total consideration of:
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$200,000 cash payment;
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the issue of 1,000,000 fully paid ordinary shares in the capital of the Company (Shares) at settlement which is expected to occur in the first quarter of 2022;
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the issue of 1,000,000 Shares following receipt of all required approvals allowing for the commencement of the exploration drilling program;
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the issue of 2,000,000 Shares following the release of an ASX announcement by the Company of a JORC compliant resource in the inferred category of at least 250,000t contained base metals (Pb-Zn-Cu – equivalent to 5MT @5% Pb) and/or 500,000oz Ag; and
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the issue of 2,000,000 Shares following the announcement of a decision to mine by the Company within the Tenements.
Completion under the Heads of Agreement is conditional on shareholder approval under Listing Rule 11.1.2 and receipt of government approvals in relation to the transfer of the acquired 80% interest of the Tenements. Shareholder approval is also required for the issue of the consideration shares.
The Vendors are retaining 20% of the project to remain invested and committed to the project.
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PLACEMENT DETAILS
Pantera is pleased to advise that it has received firm commitments to raise $1.5 million (before costs) via a two tranche placement with the issue of 7,500,000 new Shares at an issue price of $0.20 to professional and sophisticated investors (Placement). In addition, the Company will issue 7,500,000 free attaching options (one for one) with an exercise price of $0.25 and expiry of 1 May 2026.
The Placement will be completed in two tranches with 4,350,000 shares being issued under the Company’s existing placement capacity pursuant to ASX Listing Rule 7.1 and the balance of 3,150,000 shares and the 7,500,000 free attaching options being subject to shareholder approval at an Extraordinary General Meeting.
The Placement was oversubscribed with Pantera receiving strong support from a range of local and overseas institutional, sophisticated and professional investors.
PAC Partners Limited (PAC) is acting as Lead Manager to the Placement. Fees to PAC include a selling fee of 4% and management fee of 2%. In addition, the Company has agreed to issue PAC 1,875,000 options with an exercise price of $0.25 and expiry date of 1 May 2026. The options are subject to shareholder approval.
The Company is expecting to release a Notice of Extraordinary General Meeting for the requisite approvals in the coming weeks.
VENDORS
The Vendors are renowned geologists and geophysicists with extensive knowledge of mineralisation within the Edmund Basin. The directors of Bangemall Metals Pty Ltd are veteran geologist Mr Ian Shackleton and aggressive exploration geologist Mr Logan Barber, who have extensive multicommodity mineral exploration experience, which includes the recent discovery of the Kumina iron deposits in the Hamersley Basin for BCI Minerals where they developed a maiden JORC resource within 6 months of discovery.
Ian and Logan are lead geological consultants at Perth based consulting group Resource Potentials. The Vendor’s exploration team also includes Dr Jayson Meyers, Principal Geologist and Geophysicist at Resource Potentials and experienced senior geophysicist Mr David Stannard. Both Jayson and David have a long history of working in the Jillawarra sub-basin and on the Abra Pb-Zn-Cu-Ag-Au deposit and mine located to the east of the Hellcat Project. David was awarded Best Minerals Paper at the 2019 AEGC conference for his work detailing the geophysical characteristics of the Abra deposit and co-authored recent papers on Abra with Jayson.
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PROJECT HELLCAT NEXT STEPS
Pantera has commenced planning the following exploration activities, to be undertaken over the coming six months:
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Aerial VTEM to refine conductors (booked for Q1 2022).
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Heritage consultation and survey.
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3 diamond drillholes - EIS funding approved (Q1/Q2 2022).
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Infill aerial magnetics & radiometric survey.
YAMPI PROJECT UPDATE
Results from the recent 3 diamond drillhole program at the Company’s Yampi Iron Ore Project are anticipated to be received in early January 2022.
- END –
This release is authorised by the Board of Directors of Pantera Minerals Limited.
For further information please contact: Matthew Hansen Chief Executive Officer E: [email protected] | P: +61 8 9467 2604
Competent Person’s Statement
The information in this report that relates to exploration results and exploration targets is based on and fairly represents information compiled by Ms Georgina Clark, a Competent Person who is a Member of the Australasian Institute of Geoscientists. Ms Clark 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”). Ms Clark consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
All parties have consented to the inclusion of their work for the purposes of this announcement. The interpretations and conclusions reached in this announcement are based on current geological theory and the best evidence available to the author at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of probabilities and, however might be, they make no claim for absolute certainty. Any economic decisions which might be taken on the basis of interpretations or conclusions contained in this presentation will therefore carry an element of risk.
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TABLE 1 : Historic Rock Samples
(Original reports can be downloaded from DMIRS WAMEX online database)
| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| RP38465 | 599988 | 7293955 | 2021 | Bangemall Metals |
Silica-magnetite-hematite hydrothermal breccia |
-0.5 | 8 | 172 | 9 | |
| RP38467 | 600740 | 7293797 | 2021 | Bangemall Metals |
Silica-magnetite-hematite hydrothermal breccia |
-0.5 | 11 | 481 | 17 | |
| RP38468 | 599992 | 7293958 | 2021 | Bangemall Metals |
Fe dominant rock. Crystalline hematite (+/- magnetite). Next to breccia. |
-0.5 | 8 | 42 | 25 | |
| RP38469 | 600506 | 7293815 | 2021 | Bangemall Metals |
Silica dominant hydrothermal breccia/vein. |
-0.5 | 11 | 87 | 48 | |
| RP38470 | 600259 | 7293879 | 2021 | Bangemall Metals |
Silica-magnetite-hematite hydrothermal breccia |
-0.5 | 11 | 62 | 29 | |
| RP38471 | 599460 | 7293810 | 2021 | Bangemall Metals |
Goethite cap - ferruginous outcrop between ridges of pale cream weathered material (after dolerite?) |
-0.5 | 11 | 6 | 29 | |
| RP38455 | 646858 | 7299522 | 2021 | Bangemall Metals |
Ferruginised shale near to RP38460 quartz-fe vein |
-0.5 | 29 | 769 | 884 | |
| RP38461 | 647010 | 7299614 | 2021 | Bangemall Metals |
Quartz-Fe vein from stockwork zone in silicified shale |
0.6 | 133 | 1935 | 564 | |
| RP38462 | 646954 | 7299634 | 2021 | Bangemall Metals |
Quartz-Fe vein in silicified shale | -0.5 | 144 | 1770 | 1040 | |
| RP38463 | 646985 | 7299540 | 2021 | Bangemall Metals |
Sheared quartz-Fe vein stiking towards 065o and dipping 56o to the SE. |
1.3 | 117 | 40200 | 306 | |
| RP38466 | 646969 | 7299627 | 2021 | Bangemall Metals |
Quartz-Fe vein in silicified shale | 0.5 | 268 | 5710 | 3820 | |
| RP38460 | 646907 | 7299519 | 2021 | Bangemall Metals |
Quartz-Fe brecciated vein | -0.5 | 60 | 374 | 339 | |
| RP13622 | 589505 | 7289894 | 2021 | Bangemall Metals |
20cm ferruginous quartz vein/chert? in sandstone (ex sample Id T1) |
-0.5 | 8 | 189 | 5 | |
| RP13623 | 584314 | 7288369 | 2021 | Bangemall Metals |
Mounds of ferruginous chert? (top of lower Kiangi Fm) & ex sample Id T6 |
-0.5 | 3 | 23 | 2 | |
| RP13624 | 583969 | 7287728 | 2021 | Bangemall Metals |
2m x 10m Ferruginous quartz vein/chert? (top of lower Kiangi Fm?) in sandstone. Strike 240o (ex sample Id T7) |
-0.5 | 13 | 163 | 11 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| RP13625 | 584113 | 7288326 | 2021 | Bangemall Metals |
1m x 25m ferruginous quartz vein/chert? (top of lower Kiangi Fm?) in sandstone. Strike 236o (ex sample Id T5) |
-0.5 | 8 | 30 | 9 | |
| RP13626 | 589335 | 7289696 | 2021 | Bangemall Metals |
Fe Qtz vein/chert? Scree in sandstone (ex sample Id T2) |
-0.5 | 9 | 130 | 7 | |
| RP13627 | 589114 | 7289560 | 2021 | Bangemall Metals |
Fe Qtz vein/chert? Scree in sandstone (ex sample Id T3) |
-0.5 | 7 | 30 | 5 | |
| RP13628 | 583503 | 7288406 | 2021 | Bangemall Metals |
horzontal ferruginous 10cm chert band/qtz in stromatolite unit (ex sample Id T4) |
-0.5 | 124 | 15 | 18 | |
| RP13678 | 587171 | 7288986 | 2021 | Bangemall Metals |
Galena in quartz vein. | 8.4 | 81 | 31500 | 3 | |
| RP13689 | 585420 | 7288283 | 2021 | Bangemall Metals |
Ferruginous zone in tight fold hinge of dolomite. Fe carbonate. |
0.5 | 141 | 178 | 97 | |
| RP13690 | 585537 | 7288336 | 2021 | Bangemall Metals |
Scree. Laminated Fe. | -0.5 | 64 | 22 | 232 | |
| RP13691 | 585543 | 7288326 | 2021 | Bangemall Metals |
Ferruginous quartz vein. Minor galena? |
21.7 | 41 | 23600 | 25 | |
| RP13692 | 585932 | 7288627 | 2021 | Bangemall Metals |
Ferruginous quartz vein. Minor galena. In silicified dolomite. |
9.2 | 57 | 8030 | 88 | |
| RP13693 | 585951 | 7288662 | 2021 | Bangemall Metals |
Galena malachite quartz vein. | 12.6 | 359 | 21600 | 14 | |
| RP13694 | 586101 | 7288700 | 2021 | Bangemall Metals |
Galena in quartz vein. | 8.7 | 55 | 21100 | 16 | |
| RP13695 | 586676 | 7288822 | 2021 | Bangemall Metals |
Galena in quartz vein. | 11.8 | 17 | 47800 | 6 | |
| RP13699 | 587511 | 7289194 | 2021 | Bangemall Metals |
Grey Silicified rock at contact with Teano Pb vein (dolomite?). Laminated. |
-0.5 | 7 | 355 | 8 | |
| RP13700 | 587520 | 7289185 | 2021 | Bangemall Metals |
Galena, malchite, trace pyrite in quartz. Teano Pb vein. |
6.1 | 299 | 15100 | 14 | |
| RP13677 | 587504 | 7284547 | 2021 | Bangemall Metals |
Postcutters Qtz vein in vertical dipping shales. 30cm qtz vein. Strike 115o. |
-0.5 | 67 | 1070 | 89 | |
| RP13682 | 589087 | 7289479 | 2021 | Bangemall Metals |
Ferruginous Qtz vein? In Kiangi Sst. | -0.5 | 50 | 43 | 18 | |
| RP13683 | 587426 | 7289848 | 2021 | Bangemall Metals |
2m wide galena, malachite and trace chalcopyrite vein striking 210o |
7.7 | 3080 | 10600 | 199 | |
| RP13684 | 587382 | 7289784 | 2021 | Bangemall Metals |
Grey Silicified rock at contact with vein (dolomite?) |
1.5 | 180 | 1220 | 12 | |
| RP13685 | 587025 | 7289663 | 2021 | Bangemall Metals |
Quartz vein in grey silicified rock. | 12.5 | 268 | 19050 | 24 | |
| RP13686 | 586932 | 7289546 | 2021 | Bangemall Metals |
Brown fe carbonate rock? Large crystals. |
1.1 | 140 | 2180 | 211 | |
| RP13687 | 587472 | 7289876 | 2021 | Bangemall Metals |
1m wide galena malachite vein striking 234o |
10.8 | 554 | 21000 | 13 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| RP13688 | 587532 | 7289922 | 2021 | Bangemall Metals |
Qtz veining into silicified grey wall rock (Dolomite?). |
1.6 | 83 | 756 | 36 | |
| RP13697 | 586577 | 7289234 | 2021 | Bangemall Metals |
Brown gossanous material in carbonate. Minor brecciation. |
0.5 | 160 | 2640 | 128 | |
| 292701 | 617612 | 7293209 | 1979 | A008479 | INCO | 3.5 | 180 | 95 | 900 | |
| 292702 | 617679 | 7293229 | 1979 | A008479 | INCO | 1.5 | 150 | 85 | 105 | |
| 292703 | 617720 | 7293265 | 1979 | A008479 | INCO | -0.1 | 50 | 110 | 1555 | |
| 292704 | 617785 | 7293280 | 1979 | A008479 | INCO | 1 | 55 | 30 | 375 | |
| 292705 | 618031 | 7293233 | 1979 | A008479 | INCO | -0.1 | 40 | 35 | 1850 | |
| 292706 | 618055 | 7293256 | 1979 | A008479 | INCO | -0.1 | 140 | 150 | 2250 | |
| 292707 | 618071 | 7293289 | 1979 | A008479 | INCO | ?gossan | 6 | 480 | 25 | 10000 |
| 292708 | 618150 | 7293347 | 1979 | A008479 | INCO | -0.1 | 125 | 30 | 770 | |
| 292709 | 618229 | 7293322 | 1979 | A008479 | INCO | 1.5 | 1250 | 45 | 8050 | |
| 292710 | 618224 | 7293401 | 1979 | A008479 | INCO | 4.5 | 1150 | 35 | 7950 | |
| 292711 | 618236 | 7293282 | 1979 | A008479 | INCO | 0.5 | 1000 | 15 | 4650 | |
| 292712 | 618026 | 7293198 | 1979 | A008479 | INCO | 0.5 | 140 | 25 | 2650 | |
| 292713 | 618023 | 7293143 | 1979 | A008479 | INCO | 3.5 | 25 | 5 | 85 | |
| 292714 | 617980 | 7293123 | 1979 | A008479 | INCO | -0.1 | 400 | 15 | 4500 | |
| 292715 | 617770 | 7293011 | 1979 | A008479 | INCO | -0.1 | 85 | 10 | 100 | |
| 292716 | 617937 | 7293041 | 1979 | A008479 | INCO | 7 | 275 | 55 | 1500 | |
| 292717 | 617783 | 7292816 | 1979 | A008479 | INCO | -0.1 | 165 | 25 | 155 | |
| 292718 | 617774 | 7292830 | 1979 | A008479 | INCO | 0.5 | 195 | 60 | 315 | |
| 292719 | 617792 | 7292838 | 1979 | A008479 | INCO | 2 | 335 | 55 | 4150 | |
| 292720 | 618005 | 7292673 | 1979 | A008479 | INCO | 0.5 | 260 | 30 | 315 | |
| 292721 | 618397 | 7293416 | 1979 | A008479 | INCO | 0.1 | 495 | 20 | 6000 | |
| 292801 | 618167 | 7293272 | 1979 | A008479 | INCO | -0.1 | 115 | 45 | 565 | |
| 292802 | 618089 | 7293688 | 1979 | A008479 | INCO | -0.1 | 20 | 30 | 65 | |
| 292803 | 617842 | 7293914 | 1979 | A008479 | INCO | -0.1 | 25 | 20 | 250 | |
| 292804 | 617845 | 7294084 | 1979 | A008479 | INCO | -0.1 | 45 | 35 | 590 | |
| 292805 | 618836 | 7293043 | 1979 | A008479 | INCO | -0.1 | 35 | 15 | 70 | |
| 292809 | 618383 | 7294215 | 1979 | A008479 | INCO | -0.1 | 20 | 5 | 95 | |
| 292810 | 618338 | 7293596 | 1979 | A008479 | INCO | ferrugnodule | 55 | 95 | 20 | 125 |
| 292811 | 618342 | 7293593 | 1979 | A008479 | INCO | ferrugnodule | 20.5 | 120 | 45 | 150 |
| 292813 | 618478 | 7291795 | 1979 | A008479 | INCO | -0.1 | 925 | 50 | 65 | |
| 292814 | 618466 | 7291815 | 1979 | A008479 | INCO | -0.1 | 200 | 30 | 115 | |
| 292815 | 618370 | 7291972 | 1979 | A008479 | INCO | -0.1 | 125 | 30 | 135 | |
| 292816 | 618276 | 7291986 | 1979 | A008479 | INCO | -0.1 | 180 | 40 | 2700 | |
| 292817 | 618264 | 7292030 | 1979 | A008479 | INCO | -0.1 | 95 | 30 | 1450 | |
| 292818 | 618252 | 7291883 | 1979 | A008479 | INCO | 12.5 | 155 | 20 | 195 | |
| 292819 | 617878 | 7291576 | 1979 | A008479 | INCO | 1 | 55 | 30 | 70 | |
| 292820 | 617830 | 7291570 | 1979 | A008479 | INCO | -0.1 | 125 | 25 | 25 | |
| 292821 | 617607 | 7291609 | 1979 | A008479 | INCO | ferrug. Siltstone below black chert bed | 44.5 | 140 | 75 | 165 |
| 292822 | 618365 | 7292325 | 1979 | A008479 | INCO | -0.1 | 355 | 35 | 205 | |
| 292823 | 618347 | 7293096 | 1979 | A008479 | INCO | -0.1 | 30 | 25 | 30 | |
| 292824 | 617971 | 7292914 | 1979 | A008479 | INCO | limonite nodules from wh sil shale float |
1 | 460 | 6550 | 1450 |
| 292825 | 618050 | 7292897 | 1979 | A008479 | INCO | -0.1 | 165 | 25 | 80 | |
| 292826 | 618054 | 7292880 | 1979 | A008479 | INCO | -0.1 | 100 | 70 | 30 | |
| 292827 | 618085 | 7292584 | 1979 | A008479 | INCO | -0.1 | 130 | 40 | 30 | |
| 292828 | 618088 | 7292582 | 1979 | A008479 | INCO | -0.1 | 40 | 20 | 55 | |
| 292829 | 618115 | 7292446 | 1979 | A008479 | INCO | -0.1 | 215 | 85 | 750 | |
| 292830 | 618135 | 7292440 | 1979 | A008479 | INCO | -0.1 | 210 | 20 | 385 | |
| 292831 | 618147 | 7292382 | 1979 | A008479 | INCO | -0.1 | 120 | 25 | 55 | |
| 292833 | 618005 | 7293197 | 1979 | A008479 | INCO | -0.1 | 200 | 35 | 60 | |
| 292834 | 618009 | 7293196 | 1979 | A008479 | INCO | -0.1 | 350 | 105 | 85 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| 292835 | 618074 | 7293147 | 1979 | A008479 | INCO | -0.1 | 105 | 35 | 25 | |
| 292837 | 617225 | 7293193 | 1979 | A008479 | INCO | -0.1 | 30 | 75 | 60 | |
| 292838 | 617072 | 7293130 | 1979 | A008479 | INCO | -0.1 | 30 | 10 | 50 | |
| 292841 | 618290 | 7291536 | 1979 | A008479 | INCO | -0.1 | 55 | 10 | 30 | |
| 292842 | 618293 | 7291533 | 1979 | A008479 | INCO | 10.5 | 255 | 5 | 1600 | |
| 292843 | 618300 | 7291374 | 1979 | A008479 | INCO | -0.1 | 85 | 100 | 45 | |
| 292844 | 618256 | 7291359 | 1979 | A008479 | INCO | -0.1 | 110 | 10 | 475 | |
| 292845 | 618239 | 7291430 | 1979 | A008479 | INCO | -0.1 | 360 | 5 | 225 | |
| 292849 | 616461 | 7291616 | 1979 | A008479 | INCO | -0.1 | 35 | 30 | 10 | |
| 292850 | 616833 | 7291560 | 1979 | A008479 | INCO | -0.1 | 1050 | 95 | 2050 | |
| 292851 | 617073 | 7291390 | 1979 | A008479 | INCO | -0.1 | 295 | 80 | 2400 | |
| 292852 | 618381 | 7293650 | 1979 | A008479 | INCO | -0.1 | 75 | 30 | 270 | |
| 292853 | 618530 | 7293666 | 1979 | A008479 | INCO | ferrugineous ? | 2.5 | 2050 | 1100 | 915 |
| 292855 | 618833 | 7293044 | 1979 | A008479 | INCO | -0.1 | 15 | 5 | 120 | |
| 292857 | 618489 | 7293362 | 1979 | A008479 | INCO | -0.1 | 60 | -5 | 125 | |
| 292858 | 616038 | 7291594 | 1979 | A008479 | INCO | -0.1 | 20 | 25 | 5 | |
| 292859 | 616063 | 7291657 | 1979 | A008479 | INCO | -0.1 | 90 | 80 | 5 | |
| 292860 | 616244 | 7291741 | 1979 | A008479 | INCO | -0.1 | 30 | -5 | 5 | |
| 292861 | 615908 | 7292580 | 1979 | A008479 | INCO | -0.1 | 185 | -5 | 55 | |
| 292862 | 618817 | 7292062 | 1979 | A008479 | INCO | 6.5 | 255 | 20 | 25 | |
| 292864 | 618911 | 7293556 | 1979 | A008479 | INCO | -0.1 | 10 | 5 | 15 | |
| 292865 | 617213 | 7293910 | 1979 | A008479 | INCO | -0.1 | 15 | 5 | 75 | |
| 298016 | 617593 | 7293172 | 1979 | A008479 | INCO | |||||
| AB050904 | 597982 | 7281150 | 2017 | A114096 | Abra | Vein Sample | 22 | 200 | 1090 | 200 |
| AB050905 | 598000 | 7281310 | 2017 | A114096 | Abra | Vein Sample | 32 | 150 | 44800 | 100 |
| AB050906 | 597977 | 7281313 | 2017 | A114096 | Abra | Vein Sample | 7 | 700 | 8000 | 150 |
| AB050907 | 598008 | 7281321 | 2017 | A114096 | Abra | Vein Sample | 6 | 300 | 14900 | 1200 |
| AB050908 | 598200 | 7281257 | 2017 | A114096 | Abra | Vein Sample | 2 | 450 | 5200 | 400 |
| AB050909 | 598195 | 7281073 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 350 | 310 | 250 |
| AB050910 | 598008 | 7281321 | 2017 | A114096 | Abra | Vein Sample | 33 | 350 | 61100 | 200 |
| AB050911 | 598200 | 7281257 | 2017 | A114096 | Abra | Vein Sample | 23 | 200 | 43300 | 150 |
| AB050914 | 598266 | 7281252 | 2017 | A114096 | Abra | Vein Sample | 20 | 25 | 51800 | 25 |
| AB050915 | 597885 | 7281322 | 2017 | A114096 | Abra | Vein Sample | 66 | 150 | 109000 | 25 |
| AB050916 | 598509 | 7281220 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 550 | 100 |
| AB050917 | 598744 | 7281159 | 2017 | A114096 | Abra | Vein Sample | 2 | 25 | 3170 | 25 |
| AB050918 | 600229 | 7281290 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 90 | 25 |
| AB050919 | 601994 | 7280544 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 80 | 100 |
| AB050920 | 601901 | 7280431 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 80 | 25 |
| AB050921 | 602190 | 7279630 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 150 | 25 |
| AB050922 | 602059 | 7279756 | 2017 | A114096 | Abra | Vein Sample | 2 | 25 | 1440 | 25 |
| AB050923 | 602305 | 7279798 | 2017 | A114096 | Abra | Vein Sample | 2 | 25 | 80 | 25 |
| AB050924 | 598000 | 7281150 | 2017 | A114096 | Abra | Vein Sample | 2 | 25 | 2960 | 25 |
| AB050925 | 598332 | 7281010 | 2017 | A114096 | Abra | Vein Sample | 0.5 | 25 | 180 | 25 |
| 3581481 | 645220 | 7294004 | 1999 | A062384 | Rio | 0.4 | 92 | 29 | 243 | |
| 3581482 | 645210 | 7294004 | 1999 | A062384 | Rio | 1.1 | 228 | 12 | 3083 | |
| 3581483 | 645190 | 7294004 | 1999 | A062384 | Rio | 0.9 | 155 | 18 | 306 | |
| 3581488 | 651040 | 7294039 | 1999 | A062384 | Rio | 1.4 | 256 | 6 | 4800 | |
| 3581602 | 646390 | 7299178 | 1999 | A059411 | Rio | -0.5 | 12 | 14 | 82 | |
| 3581702 | 646379 | 7299937 | 1999 | A059411 | Rio | -0.5 | 148 | 5 | 139 | |
| 3581703 | 646879 | 7299694 | 1999 | A059411 | Rio | -0.5 | 219 | 254 | 40 | |
| 3581704 | 646879 | 7299652 | 1999 | A059411 | Rio | -0.5 | 16 | 279 | 499 | |
| 3581705 | 646888 | 7299639 | 1999 | A059411 | Rio | -0.5 | 42 | 3470 | 1820 | |
| 3581706 | 646935 | 7299606 | 1999 | A059411 | Rio | -0.5 | 107 | 583 | 853 | |
| 3581707 | 646890 | 7299643 | 1999 | A059411 | Rio | -0.5 | 106 | 8860 | 434 | |
| 3581708 | 646945 | 7299624 | 1999 | A059411 | Rio | -0.5 | 123 | 3760 | 670 | |
| 3581709 | 646907 | 7299734 | 1999 | A059411 | Rio | -0.5 | 24 | 3050 | 67 | |
| 5255423 | 646570 | 7294334 | 1999 | A062384 | Rio | 1.7 | 177 | 15 | 2872 | |
| 5255424 | 646570 | 7294334 | 1999 | A062384 | Rio | 0.3 | 13 | 37 | 394 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| 5255425 | 646630 | 7294404 | 1999 | A062384 | Rio | 2 | 504 | 62 | 485 | |
| 5255426 | 646640 | 7294204 | 1999 | A062384 | Rio | 1.4 | 1136 | 22 | 1530 | |
| 5255427 | 646590 | 7294284 | 1999 | A062384 | Rio | 0.9 | 318 | 15 | 1046 | |
| 5255429 | 650710 | 7294354 | 1999 | A062384 | Rio | 0.4 | 147 | 14 | 4191 | |
| 5255430 | 650710 | 7294354 | 1999 | A062384 | Rio | 4.8 | 114 | 13 | 1421 | |
| 5255432 | 651650 | 7293514 | 1999 | A062384 | Rio | 0.4 | 75 | 37 | 370 | |
| 5255443 | 647990 | 7293834 | 1999 | A062384 | Rio | 2.8 | 233 | 43 | 3939 | |
| 5255444 | 647930 | 7293734 | 1999 | A062384 | Rio | 0.6 | 93 | 14 | 802 | |
| 5305410 | 647005 | 7299616 | 1999 | A059411 | Rio | -0.5 | 210 | 363 | 589 | |
| 5305411 | 647005 | 7299616 | 1999 | A059411 | Rio | -0.5 | 264 | 505 | 1190 | |
| 5305412 | 646930 | 7299659 | 1999 | A059411 | Rio | 0.5 | 113 | 1800 | 1120 | |
| 5305413 | 646884 | 7299508 | 1999 | A059411 | Rio | -0.5 | 17 | 54 | 366 | |
| 5305414 | 646884 | 7299508 | 1999 | A059411 | Rio | -0.5 | 44 | 253 | 465 | |
| 5305415 | 646835 | 7299655 | 1999 | A059411 | Rio | -0.5 | 14 | 369 | 840 | |
| DK3383 | 611440 | 7279404 | 1997 | A051530 | BHP | Ferruginous and silicified siltstone | 0.5 | 51 | 35 | 1170 |
| DK3384 | 611440 | 7279504 | 1997 | A051530 | BHP | Ferruginous and silicified siltstone | 0.5 | 226 | 69 | 6750 |
| EK0302 | 587647 | 7284539 | 1997 | A051530 | BHP | Postcutter Vein, quartz with pyrite and rare galena. |
0.5 | 10 | 162 | 17 |
| EK0303 | 587647 | 7284512 | 1997 | A051530 | BHP | Silicified host rock to the quartz vein. Host rock is a dolomite/dolomitic siltstone sequence - Irregully Formation |
0.5 | 32 | 333 | 51 |
| EK0304 | 587584 | 7284526 | 1997 | A051530 | BHP | Same as EK0302 | 0.5 | 7 | 193 | 2.5 |
| EK0305 | 587584 | 7284526 | 1997 | A051530 | BHP | As for EK0303 | 0.5 | 24 | 295 | 20 |
| EK0306 | 588010 | 7283739 | 1997 | A051530 | BHP | Quartz veining in Kiangi Creek quartzite..subcropping...upstream from Au anomaly |
0.5 | 13 | 52 | 2.5 |
| EK0307 | 586160 | 7285042 | 1997 | A051530 | BHP | Quartz veining in pyritic siltstones. Interbedded with dolomite and dolomitic siltstones. Host rock is silicified in the same manner as the Postcutter lead vein. |
0.5 | 9 | 43 | 26 |
| EK0308 | 586427 | 7284974 | 1997 | A051530 | BHP | Quartz vein with pyrite in pyritic siltstones |
0.5 | 12 | 81 | 159 |
| EK0309 | 586444 | 7283962 | 1997 | A051530 | BHP | Quartz blow in Kiangi Creek quartzite...boxworks after pyrite |
0.5 | 2.5 | 17 | 7 |
| EK0310 | 586444 | 7283962 | 1997 | A051530 | BHP | Ferruginous rock within quartz blow containing secondary iron (hematite and goethite) and silica |
0.5 | 33 | 105 | 118 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| EK0311 | 583060 | 7284634 | 1997 | A051530 | BHP | Float of Pyritic quartz vein with boxworks after sulphides; green mineral {not Cu) on vein margin (clay?)....possible subcrop |
0.5 | 10 | 11 | 6 |
| EK6134 | 586040 | 7284954 | 1997 | A051530 | BHP | Banded siltstone - ex-pyrite textures. Some bands quite gossanous |
0.5 | 64 | 7 | 61 |
| EK6135 | 586672 | 7283379 | 1997 | A051530 | BHP | Siliceous banded rock - possibly after dolomitic siltstone - gossanous bands and blebs |
0.5 | 111 | 503 | 109 |
| EK6136 | 586640 | 7284024 | 1997 | A051530 | BHP | Pyritic quartz veins in Kiangi Creek arenite - outcrops up to several metres wide. |
0.5 | 13 | 14 | 10 |
| EK6137 | 586444 | 7283962 | 1997 | A051530 | BHP | Repeat of sample EK0309 | 0.5 | 5 | 13 | 7 |
| EK6138 | 586410 | 7283969 | 1997 | A051530 | BHP | Silicified pyritic Kiangi Creek arenite - outcrop some 50 m long and up to 4 m wide. 108/53N |
0.5 | 9 | 10 | 48 |
| EK6139 | 586298 | 7284017 | 1997 | A051530 | BHP | Pyritic & silicified siltstone - equivalent of EK6138 |
0.5 | 2.5 | 2.5 | 7 |
| EK6140 | 585970 | 7284519 | 1997 | A051530 | BHP | Float of siliceous gossanous shale - probably close to source |
0.5 | 73 | 67 | 715 |
| EK6141 | 585640 | 7284174 | 1997 | A051530 | BHP | Mn stained qz-ciay-mica arenite with minor quartz veining |
0.5 | 10 | 12 | 100 |
| EK6173 | 586215 | 7284549 | 1997 | A051530 | BHP | Gossanous band (couple of cm's) within buff coloured dolomites |
0.5 | 43 | 41 | 245 |
| ES0423 | 587590 | 7284834 | 1997 | A051530 | BHP | Quartz-carbonate veins with secondary lead (cerussite?), -50 m north of outcrop on west side of road |
0.5 | 42 | 253 | 1310 |
| ES0424 | 587439 | 7284409 | 1997 | A051530 | BHP | Quartz dominant veins with castes after pyrite, chips taken in 100m traverse. Silicified wallrock with secondary Pb minerals, pyromorphite?, fresh galena in some veins. |
0.5 | 29 | 682 | 75 |
| 3691473 | 646007 | 7291831 | 1996 | A047808 | CRA | Fresh dolerite, medium grained | 0.25 | 72 | 4 | 82 |
| 3691474 | 645950 | 7291924 | 1996 | A047808 | CRA | Silicified and quartz veined black shale as float |
0.25 | 23 | 14 | 20 |
| 3691475 | 644505 | 7291474 | 1996 | A047808 | CRA | Silicified black shale, minor qtz veining, iron spotting |
0.25 | 29 | 8 | 16 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| 3691476 | 644505 | 7291474 | 1996 | A047808 | CRA | Silicified black shale, minor qtz veining, iron spotting, just above 475 |
0.25 | 25 | 6 | 21 |
| 3691477 | 648175 | 7293369 | 1996 | A047808 | CRA | Mauve to dk grey shale. Minor thin ferrug bands |
0.25 | 44 | 8 | 1500 |
| 3691478 | 648400 | 7293264 | 1996 | A047808 | CRA | Mauve-white shale. Minor red He spotting |
0.5 | 64 | 12 | 270 |
| 3691479 | 648625 | 7293324 | 1996 | A047808 | CRA | Light grey shale, minor 10cm ferrug bands. Common white salt crusts |
3.5 | 310 | 32 | 310 |
| 3691480 | 648910 | 7293429 | 1996 | A047808 | CRA | Brown ferrug breciatted shale on cross-cutting structures at 290 |
3.5 | 920 | 24 | 2550 |
| 3691481 | 646775 | 7293794 | 1996 | A047808 | CRA | Purple-red ferrug bands 10cm thick within white shale |
1 | 180 | 44 | 360 |
| 3691482 | 646210 | 7293584 | 1996 | A047808 | CRA | Mauve-white shale with common red He bands 5cm thick |
1 | 160 | 34 | 205 |
| 3691483 | 646210 | 7293584 | 1996 | A047808 | CRA | White shale with minor red He bands 5cm thick. Minor white salt crusts |
1 | 155 | 16 | 135 |
| 3691484 | 646175 | 7293499 | 1996 | A047808 | CRA | Red ferrug shale with white vein filling sulphate? |
5 | 64 | 30 | 285 |
| 3691485 | 646730 | 7292624 | 1996 | A047808 | CRA | Red-purple ferrug bands within white shale. White salt crusts. |
0.5 | 500 | 26 | 580 |
| 3691486 | 646660 | 7292719 | 1996 | A047808 | CRA | 10cm ferrug bands with Mn staining in shale sequences |
1.5 | 185 | 24 | 620 |
| 3691496 | 628040 | 7293094 | 1996 | A047808 | CRA | Silicified shale with common clay-filled vesicles |
0.25 | 70 | 8 | 185 |
| EK6130 | 600672 | 7294051 | 1996 | a050380 | BHP | -1 | 10 | -5 | 13 | |
| EK6131 | 600845 | 7293802 | 1996 | a050380 | BHP | -1 | 13 | 9 | 21 | |
| EK6132 | 600243 | 7294051 | 1996 | a050380 | BHP | -1 | -5 | -5 | 6 | |
| 301701 | 646610 | 7299359 | 1978 | A008289 | INCO | Historic | 0.2 | 14 | 53 | 30 |
| 301702 | 646616 | 7299359 | 1978 | A008289 | INCO | Historic | 0.1 | 20 | 65 | 188 |
| 301703 | 646623 | 7299359 | 1978 | A008289 | INCO | Historic | 0.1 | 16 | 73 | 527 |
| 301704 | 646630 | 7299359 | 1978 | A008289 | INCO | Historic | 0.1 | 40 | 225 | 847 |
| 301705 | 646617 | 7299353 | 1978 | A008289 | INCO | Historic | 0.1 | 124 | 192 | 283 |
| 301706 | 646548 | 7299435 | 1978 | A008289 | INCO | Historic | 0.1 | 450 | 185 | 336 |
| 301707 | 646853 | 7299564 | 1978 | A008289 | INCO | Historic | 0.1 | 51 | 268 | 364 |
| 301708 | 646865 | 7299569 | 1978 | A008289 | INCO | Historic | 0.1 | 51 | 2450 | 2850 |
| 301709 | 646371 | 7299879 | 1978 | A008289 | INCO | Historic | 0.1 | 138 | 97 | 2720 |
| 301710 | 646379 | 7299879 | 1978 | A008289 | INCO | Historic | 0.1 | 394 | 118 | 2155 |
| 301711 | 646389 | 7299879 | 1978 | A008289 | INCO | Historic | 0.1 | 254 | 96 | 1050 |
| 301712 | 644757 | 7299911 | 1978 | A008289 | INCO | Historic | 0.1 | 132 | 147 | 1330 |
| 301713 | 644767 | 7299910 | 1978 | A008289 | INCO | Historic | 0.1 | 159 | 99 | 490 |
| 301714 | 644778 | 7299909 | 1978 | A008289 | INCO | Historic | 0.1 | 38 | 94 | 750 |
| 301715 | 646718 | 7300073 | 1978 | A008289 | INCO | Historic | 0.1 | 646 | 107 | 514 |
| 301716 | 647677 | 7300155 | 1978 | A008289 | INCO | Historic | 0.1 | 5 | 76 | 50 |
| 301717 | 647588 | 7300258 | 1978 | A008289 | INCO | Historic | 0.1 | 30 | 118 | 45 |
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| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| 301718 | 647600 | 7300257 | 1978 | A008289 | INCO | Historic | 0.1 | 48 | 105 | 139 |
| 301719 | 647040 | 7299815 | 1978 | A008289 | INCO | Historic | 0.1 | 98 | 87 | 1620 |
| 301720 | 647094 | 7299772 | 1978 | A008289 | INCO | Historic | 0.1 | 39 | 96 | 2170 |
| 301721 | 647102 | 7299772 | 1978 | A008289 | INCO | Historic | 0.1 | 202 | 108 | 1900 |
| 301722 | 646807 | 7297345 | 1978 | A008289 | INCO | Historic | 0.4 | 4 | 69 | 88 |
| 301723 | 648203 | 7300398 | 1978 | A008289 | INCO | Historic | 0.5 | 25 | 134 | 113 |
| 301724 | 647765 | 7300399 | 1978 | A008289 | INCO | Historic | 0.2 | 121 | 113 | 705 |
| 301793 | 646124 | 7299122 | 1978 | A008289 | INCO | Historic | -0.1 | 20 | 300 | 30 |
| 301794 | 645779 | 7298922 | 1978 | A008289 | INCO | Historic | -0.1 | 60 | 35 | 385 |
| 301795 | 645790 | 7298922 | 1978 | A008289 | INCO | Historic | -0.1 | 15 | 35 | 80 |
| 301796 | 645778 | 7298649 | 1978 | A008289 | INCO | Historic | -0.1 | 405 | 35 | 565 |
| 301797 | 644974 | 7297692 | 1978 | A008289 | INCO | Historic | 1 | 70 | 65 | 500 |
| 301798 | 644983 | 7297691 | 1978 | A008289 | INCO | Historic | 0.5 | 90 | 220 | 655 |
| 301799 | 646373 | 7297299 | 1978 | A008289 | INCO | Historic | -0.1 | 70 | 30 | 230 |
| 301800 | 646383 | 7297299 | 1978 | A008289 | INCO | Historic | -0.1 | 20 | 30 | 100 |
| 303304 | 589782 | 7285472 | 1978 | A008057 | INCO | Historic | 0.1 | 79 | 4 | 65 |
| 303305 | 589800 | 7285471 | 1978 | A008057 | INCO | Historic | 0.1 | 434 | 1 | 87 |
| 303306 | 590287 | 7285687 | 1978 | A008057 | INCO | Historic | 0.6 | 12 | 5 | 12 |
| 303307 | 590303 | 7285687 | 1978 | A008057 | INCO | Historic | 0.3 | 34 | 1 | 23 |
| 303308 | 591884 | 7283385 | 1978 | A008057 | INCO | Historic | 0.8 | 75 | 1 | 128 |
| 303309 | 591909 | 7283386 | 1978 | A008057 | INCO | Historic | 0.9 | 22 | 3 | 114 |
| 303310 | 592227 | 7283580 | 1978 | A008057 | INCO | Historic | 0.7 | 3 | 100 | 183 |
| 303311 | 586125 | 7285322 | 1978 | A008057 | INCO | Historic | 0.8 | 25 | 2 | 56 |
| 303312 | 586144 | 7285323 | 1978 | A008057 | INCO | Historic | 0.8 | 9 | 3 | 42 |
| 303313 | 586309 | 7284960 | 1978 | A008057 | INCO | Historic | 0.1 | 184 | 34 | 54 |
| 303314 | 586985 | 7285024 | 1978 | A008057 | INCO | Historic | 0.6 | 139 | 346 | 1770 |
| 303315 | 584831 | 7287816 | 1978 | A008057 | INCO | Historic | 0.1 | 43 | 5 | 61 |
| 303316 | 584846 | 7287816 | 1978 | A008057 | INCO | Historic | 0.4 | 12 | 2 | 48 |
| 303317 | 586497 | 7286395 | 1978 | A008057 | INCO | Historic | 0.2 | 438 | 2 | 58 |
| 303318 | 585124 | 7286186 | 1978 | A008057 | INCO | Historic | 0.2 | 22 | 1 | 48 |
| 303319 | 585774 | 7284025 | 1978 | A008057 | INCO | Historic | 0.1 | 28 | 2 | 135 |
| 303320 | 586778 | 7286341 | 1978 | A008057 | INCO | Historic | 0.1 | 2 | 7 | 61 |
| 303321 | 588832 | 7286524 | 1978 | A008057 | INCO | Historic | 0.2 | 6 | 62 | 115 |
| 303322 | 585915 | 7285815 | 1978 | A008057 | INCO | Historic | 0.1 | 22 | 2 | 104 |
| 303323 | 588421 | 7287105 | 1978 | A008057 | INCO | Historic | 0.6 | 31 | 457 | 121 |
| 303324 | 587380 | 7289046 | 1978 | A008057 | INCO | Historic | 13 | 21 | 35000 | 34 |
| 303325 | 591055 | 7288188 | 1978 | A008057 | INCO | Historic | 0.9 | 8 | 470 | 22 |
| 303326 | 586756 | 7288889 | 1978 | A008057 | INCO | Historic | 0.9 | 18 | 551 | 47 |
| 303327 | 586762 | 7288892 | 1978 | A008057 | INCO | Historic | 0.8 | 8 | 185 | 12 |
| 303328 | 586993 | 7289359 | 1978 | A008057 | INCO | Historic | 0.4 | 6 | 41 | 10 |
| 303329 | 591825 | 7290913 | 1978 | A008057 | INCO | Historic | 0.9 | 1 | 17 | 16 |
| 303330 | 591843 | 7290914 | 1978 | A008057 | INCO | Historic | 0.6 | 4 | 13 | 14 |
| 303331 | 591862 | 7290914 | 1978 | A008057 | INCO | Historic | 0.1 | 1 | 18 | 4 |
| 303332 | 591731 | 7291076 | 1978 | A008057 | INCO | Historic | 0.6 | 22 | 180 | 131 |
| 303333 | 591814 | 7292131 | 1978 | A008057 | INCO | Historic | 0.4 | 3 | 18 | 10 |
| 303334 | 590591 | 7290776 | 1978 | A008057 | INCO | Historic | 0.3 | 6 | 11 | 13 |
| 303335 | 584099 | 7285821 | 1978 | A008057 | INCO | Historic | 0.2 | 175 | 202 | 186 |
| 303336 | 584122 | 7285819 | 1978 | A008057 | INCO | Historic | 0.1 | 171 | 144 | 209 |
| 303337 | 584144 | 7285819 | 1978 | A008057 | INCO | Historic | 0.2 | 42 | 197 | 225 |
| 303338 | 584464 | 7285158 | 1978 | A008057 | INCO | Historic | 0.1 | 12 | 518 | 155 |
| 303339 | 586316 | 7288954 | 1978 | A008057 | INCO | Historic | 3.1 | 1870 | 7040 | 332 |
| 303340 | 588199 | 7289366 | 1978 | A008057 | INCO | Historic | 0.1 | 35 | 191 | 33 |
| 303341 | 586897 | 7289448 | 1978 | A008057 | INCO | Historic | 1.5 | 48 | 3290 | 8 |
| 303342 | 586902 | 7289457 | 1978 | A008057 | INCO | Historic | 1 | 75 | 1660 | 13 |
| 303343 | 586721 | 7289305 | 1978 | A008057 | INCO | Historic | 0.5 | 105 | 179 | 13 |
| 303344 | 585212 | 7288156 | 1978 | A008057 | INCO | Historic | 1.5 | 44 | 40000 | 20 |
| 303345 | 585474 | 7288292 | 1978 | A008057 | INCO | Historic | 16.3 | 81 | 40000 | 13 |
| 303346 | 585798 | 7288517 | 1978 | A008057 | INCO | Historic | 0.4 | 15 | 2670 | 3 |
[email protected] | panteraminerals.com
| Sample No |
Easting | Northing | Sampled Date |
Report | Company | Description | Ag **ppm ** |
Cu **ppm ** |
Pb **ppm ** |
Zn **ppm ** |
|---|---|---|---|---|---|---|---|---|---|---|
| 303347 | 585794 | 7288516 | 1978 | A008057 | INCO | Historic | 1 | 26 | 22000 | 30 |
| 303348 | 584271 | 7286887 | 1978 | A008057 | INCO | Historic | 0.4 | 7 | 305 | 4 |
| 303349 | 584292 | 7286884 | 1978 | A008057 | INCO | Historic | 0.5 | 5 | 170 | 1 |
| 303350 | 584208 | 7287654 | 1978 | A008057 | INCO | Historic | 0.5 | 98 | 49 | 3 |
| 303351 | 584221 | 7287654 | 1978 | A008057 | INCO | Historic | 0.1 | 7 | 54 | 2 |
| 303352 | 584572 | 7287737 | 1978 | A008057 | INCO | Historic | 0.1 | 12 | 53 | 3 |
| 303353 | 584584 | 7287736 | 1978 | A008057 | INCO | Historic | 0.1 | 7 | 55 | 8 |
| 303354 | 587608 | 7287697 | 1978 | A008057 | INCO | Historic | 0.4 | 21 | 166 | 49 |
| 303355 | 587626 | 7287696 | 1978 | A008057 | INCO | Historic | 0.5 | 32 | 485 | 104 |
| 303356 | 587649 | 7287695 | 1978 | A008057 | INCO | Historic | 0.4 | 6 | 253 | 11 |
| 303357 | 586197 | 7296580 | 1978 | A008057 | INCO | Historic | 1.7 | 55 | 493 | 8 |
| 303358 | 586205 | 7296972 | 1978 | A008057 | INCO | Historic | 1 | 8 | 143 | 52 |
| 303359 | 586224 | 7296972 | 1978 | A008057 | INCO | Historic | 0.6 | 4 | 19 | 27 |
| 303360 | 586244 | 7296973 | 1978 | A008057 | INCO | Historic | 0.6 | 14 | 15 | 147 |
| 303361 | 582274 | 7288776 | 1978 | A008057 | INCO | Historic | 0.5 | 42 | 10 | 55 |
| 303362 | 582300 | 7288776 | 1978 | A008057 | INCO | Historic | 0.2 | 56 | 14 | 28 |
| 303363 | 583711 | 7288680 | 1978 | A008057 | INCO | Historic | 0.4 | 3 | 9 | 9 |
| 303364 | 593897 | 7287035 | 1978 | A008057 | INCO | Historic | 0.1 | 15 | 51 | 110 |
| 303365 | 593918 | 7287034 | 1978 | A008057 | INCO | Historic | 0.1 | 20 | 46 | 147 |
| 303366 | 586845 | 7281791 | 1978 | A008057 | INCO | Historic | 0.1 | 103 | 52 | 298 |
| 303367 | 587907 | 7282203 | 1978 | A008057 | INCO | Historic | 0.2 | 318 | 14 | 313 |
| 303368 | 587924 | 7282203 | 1978 | A008057 | INCO | Historic | 0.1 | 95 | 46 | 458 |
| 303369 | 588905 | 7280773 | 1978 | A008057 | INCO | Historic | 0.1 | 20 | 47 | 122 |
| 303370 | 591339 | 7280423 | 1978 | A008057 | INCO | Historic | 0.1 | 59 | 21 | 89 |
| 303371 | 588898 | 7283883 | 1978 | A008057 | INCO | Historic | 0.1 | 2 | 72 | 301 |
| 303372 | 588908 | 7283615 | 1978 | A008057 | INCO | Historic | 0.1 | 14 | 3 | 20 |
| 303373 | 588929 | 7283615 | 1978 | A008057 | INCO | Historic | 0.1 | 12 | 6 | 41 |
| 303374 | 592654 | 7282256 | 1978 | A008057 | INCO | Historic | 0.1 | 12 | 20 | 67 |
| 303375 | 592674 | 7282257 | 1978 | A008057 | INCO | Historic | 0.1 | 13 | 9 | 53 |
| 303376 | 592436 | 7282262 | 1978 | A008057 | INCO | Historic | 0.1 | 15 | 59 | 33 |
| 303377 | 593158 | 7283497 | 1978 | A008057 | INCO | Historic | 0.1 | 28 | 29 | 75 |
| 303378 | 584121 | 7285735 | 1978 | A008057 | INCO | Historic | 0.1 | 91 | 118 | 86 |
| 303379 | 584134 | 7285736 | 1978 | A008057 | INCO | Historic | 0.1 | 10 | 93 | 87 |
| 303380 | 584145 | 7285737 | 1978 | A008057 | INCO | Historic | 0.1 | 19 | 58 | 65 |
| 303381 | 592665 | 7282240 | 1978 | A008057 | INCO | Historic | 0.1 | 13 | 9 | 49 |
| 303382 | 592455 | 7282263 | 1978 | A008057 | INCO | Historic | 0.1 | 12 | 5 | 38 |
| 303391 | 587384 | 7285367 | 1978 | A008057 | INCO | Historic | 0.1 | 56 | 42 | 56 |
| 303392 | 587402 | 7285366 | 1978 | A008057 | INCO | Historic | 0.1 | 22 | 91 | 5 |
| 303393 | 587066 | 7284906 | 1978 | A008057 | INCO | Historic | 0.5 | 29 | 21 | 12 |
| 303394 | 587089 | 7284906 | 1978 | A008057 | INCO | Historic | 0.1 | 84 | 97 | 169 |
| 303395 | 587323 | 7284735 | 1978 | A008057 | INCO | Historic | 0.1 | 35 | 72 | 744 |
| 303396 | 587344 | 7284736 | 1978 | A008057 | INCO | Historic | 28 | 48 | 19200 | 233 |
| 303397 | 587768 | 7284570 | 1978 | A008057 | INCO | Historic | 2.2 | 1 | 8500 | 17 |
| 303398 | 587790 | 7284571 | 1978 | A008057 | INCO | Historic | 0.7 | 12 | 931 | 32 |
| 303399 | 589354 | 7283756 | 1978 | A008057 | INCO | Historic | 0.1 | 9 | 30 | 1 |
| 303400 | 591692 | 7284172 | 1978 | A008057 | INCO | Historic | 0.1 | 38 | 49 | 97 |
| 304097 | 591706 | 7284173 | 1978 | A008289 | INCO | Historic | 0.1 | 31 | 91 | 101 |
| 304098 | 591724 | 7284173 | 1978 | A008289 | INCO | Historic | 0.1 | 47 | 78 | 97 |
| 304099 | 592752 | 7283431 | 1978 | A008289 | INCO | Historic | 0.5 | 10 | 16 | 96 |
| 304100 | 592165 | 7283668 | 1978 | A008289 | INCO | Historic | 0.1 | 39 | 17 | 123 |
| 304634 | 592441 | 7283557 | 1978 | A008289 | INCO | Historic | 0.3 | 10 | 30 | 54 |
| 304635 | 592135 | 7283668 | 1978 | A008289 | INCO | Historic | 0.2 | 11 | 21 | 91 |
| 304636 | 592277 | 7284443 | 1978 | A008289 | INCO | Historic | 0.2 | 21 | 27 | 36 |
| 304637 | 592299 | 7284444 | 1978 | A008289 | INCO | Historic | 0.4 | 19 | 22 | 40 |
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ANNEXURE 2 : JORC Code Table 1
Section 1 Sampling Techniques and Data (Hellcat Project) Criteria in this section apply to all succeeding sections
Rock and soil sampling results reported in this report refer to results taken from exploration reports lodged by previous explorers over the Hellcat Project area which are available on the West Australian Geological Survey WAMEX online database, and have been assessed by Pantera. Details refer to the specific WAMEX reports.
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sampling techniques |
Nature and quality of sampling (e.g. 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. |
Data in this report is from the following sources: Bangemall Metals Pty Ltd(Vendors) • 52 rock outcrop samples, submitted to ALS for analysis WAMEX Reports: • A008057 (97 rocks) • A008289 (40 rocks) • A008479 (2 drillholes) • A047808 (24 rocks) • A050380 (3 rocks) • A051530 (53 rocks) • A054079 (1 drillhole) • A054656 (37 rocks) • A059411 (15 rocks) • A062384 (14 rocks) • A114096 (41 rocks) Samplingand assaymethods for historic samplingis unknown. |
| Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. |
• Sampling techniques vary between the different drilling campaigns and information has been taken from open file reports. • Specific details are typically not reported, including measures taken to ensure sample representivity. |
|
| 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 (e.g. ‘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 (e.g. submarine nodules) may warrant disclosure of detailed information. |
• Sampling and data derived from historical reports does not detail specifics about sampling or laboratory techniques. • Rock samples collected by Bangemall Metals were analysed by ALS via four acid digestion with ICP-AES finish (ME-ICP61). |
|
| Drilling techniques |
Drill type (e.g. core, reverse circulation, open-hole hammer, |
• Two percussion drillholes (RC) were completed within the licence area by International Nickel Australia Ltd to depths of 77m and 97m (WAMEX |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. 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.). |
report A008479) • One drillhole (type unknown, most likely RC) was completed by BHP in 1998 to a depth of 144m (WAMEX report A054079) |
|
| Drill sample recovery |
Method of recording and assessing core and chip sample recoveries and results assessed. |
• Recovery information was not reported. |
| Measures taken to maximise sample recovery and ensure representative nature of the samples. |
• Not reported in historical reports. |
|
| 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. |
• Not reported in historical reports. |
|
| 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. |
• Geological logging was recorded, however the writing is often illegible |
| Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. |
• Logging is qualitative in nature. |
|
| The total length and percentage of the relevant intersections logged. |
• The entire drillhole was logged. |
|
| Sub-sampling techniques and sample preparation |
If core, whether cut or sawn and whether quarter, half or all core taken. |
• No diamond core drilling has been completed |
| If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. |
• Not reported in historical reports. |
|
| For all sample types, the nature, quality and appropriateness of the sample preparation technique. |
• Not reported in historical reports. |
|
| Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. |
• Not reported in historical reports. |
|
| Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance resultsfor |
• Not reported in historical reports. |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| field duplicate/second-half sampling. |
||
| Whether sample sizes are appropriate to the grain size of the material being sampled. |
• Not reported in historical reports. |
|
| 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. |
• Samples from the 2 RC drillholes by International Nickel Australia Ltd (A008479) were analysed by AMDEL for Cu, Pb, Zn, Ag, Mn (ppm). • Samples from the BHP drilling (A054079) were assayed at Analabs for Cu, Pb, Zn. Only strip logs are available, not original assay sheets. • Rock sampling and data derived from historical reports does not detail specifics about sampling or laboratory techniques. • The samples collected by Bangemall Metals Pty Ltd were analysed by ALS, using analysis techniques considered appropriate for precious and base metal analysis. |
| 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. |
• No geophysical tools were used on rock or drilling samples • WAMEX report A114096 contains data from a hand-held XRF survey, where 5584 readings were collected from their project area between 2008 and 2011, on a 1km x 50m grid. There is no information about sample media or methodology, or instrument details. This data is not quantifiable. |
|
| Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. |
• Not reported in historical reports. |
|
| Verification of sampling and assaying |
The verification of significant intersections by either independent or alternative company personnel. |
• All of the original reports and analysis results have been viewed by Pantera Minerals and have been obtained from WAMEX. |
| The use of twinned holes. | • No twinned holes drilled |
|
| Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. |
• All of the reports and assay results have been obtained as PDF documents from WAMEX. • A comprehensive database is currently being compiled, with all available geochemical and drilling data. |
|
| Discuss any adjustment to assay data. |
• Assay data has not been adjusted. |
|
| 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. |
• The accuracy of rock chip samples and soil sample locations presented in WAMEX reports is unknown. The location for most rock chip samples have been digitised from georeferenced maps within the WAMEX reports, so accuracy is considered low. • The accuracy of rock samples collected by Bangemall Metals Pty Ltd is +/- 5m (handheld GPS). |
| Specification of the grid system used. |
• The Hellcat Project area is within MGA94 Zone 50. |
|
| Quality and adequacy of topographic control. |
• No digital terrain model has been established for the project |
|
| Data spacing and distribution |
Data spacing for reporting of Exploration Results. |
• Rock samples are collected at outcrop locations, with no regular spacing |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| 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 |
• Rock samples are not used in resource calculations |
|
| Whether sample compositing has been applied. |
• No sampling compositing has been applied |
|
| 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. |
• Data spacing was variable for samples • The rock samples outlined are random in nature and is meant to demonstrate the presence of mineralisation, not to establish a mineral resource |
| 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. |
• It is not yet known if any sampling bias has been introduced during the historical drilling process. |
|
| Sample security | The measures taken to ensure sample security. |
• Not reported in historical reports. |
| Audits or reviews | The results of any audits or reviews of sampling techniques and data. |
• No audits or reviews of sampling techniques and data have been documented. |
Section 2 Reporting of Exploration Results (Hellcat Project) Criteria in this section apply to all succeeding sections
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Mineral tenement and land tenure status |
Type, reference name/number, location and ownership including agreementsor 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 Hellcat Project consists of 3 granted exploration licences, and 1 exploration licence application, covering 442km2and is location on pastoral station land and unallocated vacant crown land. oE52/3881 oE52/3896 oE52/3944 oELA52/4026 • The Hellcat project area is 850km NNE of Perth, 230km NW of Meekatharra and 220km SW of Newman. • Access is via the Great Northern Highway, the Mt-Augustus-Woodlands Road, and local station tracks. • The Frederick tenement (E09/2469) covers 88 sq. km and is located on pastoral station land. |
| Exploration done by other parties |
Acknowledgment and appraisal of exploration by other parties. |
• Most of the past exploration work within the Hellcat Project area including mapping and soil/rock chip sampling and geophysical surveys was completed by: oInternational Nickel Australia Ltd oAMAX oAmoco |
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| Criteria | JORC Code explanation | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | Commentary | |
|---|---|---|---|---|---|---|---|---|---|---|
oGeopecko oBHP oCRA oRio Tinto oAbra Mining Ltd • The reports are available on the West Australian Mines Department WAMEX open file library. • These reports have all been downloaded and briefly reviewed, with key rock sampling and drilling data digitised. • All available geophysical data has been compiled and reviewed by the vendors and consultantgeophysisits. |
||||||||||
| Geology | Deposit type, geological setting and style of mineralisation. |
• The Hellcat Project is within the Edmund Basin, formed by intracratonic rifting and subsidence in the Capricorn Orogen in Western Australia. • Siliciclastic and carbonate deposits of the Irregully and Kiangi Creek formations underly the area. • The project sits at the western extent of the Jillawarra Mineralised Belt. Localized domes and shear zones correlate to major crustal shears and transfer zones, with evidence of hydrothermal alteration. • The Hellcat project is considered highly prospective for sediment replacement base metal mineralisation, particularly at/near the Irregully- Kiangi Creek contact. |
||||||||
| Drillhole Information |
• A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drillholes: • easting and northing of the drillhole collar • elevation or RL (elevation above sea level in metres) of the drillhole collar • dip and azimuth of the hole; and • down hole length and interception depth hole length. |
Data has been found for three drillholes within the tenure area, presented in the table below. Coordinates are in GDA94 Zone 50. RL information is not recorded. Hole ID Report East North Depth m Azi Dip Comment Z14442 A008479 618147 7293229 77 0 -90 12m @ 1650ppm Zn (48- 60m) Z14443 A008479 618520 7292759 97 0 -90 max 440ppm Cu, 4200ppm Zn 97JW26 A054079 589153 7288645 144 Conductor was shale. No significant intercepts |
||||||||
| Hole ID | Report | East | North | Depth m | Azi | Dip | Comment | |||
| Z14442 | A008479 | 618147 | 7293229 | 77 | 0 | -90 | 12m @ 1650ppm Zn (48- 60m) |
|||
| Z14443 | A008479 | 618520 | 7292759 | 97 | 0 | -90 | max 440ppm Cu, 4200ppm Zn |
|||
| 97JW26 | A054079 | 589153 | 7288645 | 144 | Conductor was shale. No significant intercepts |
|||||
| Data aggregation methods |
• In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated. |
• Some of the targets are preliminary in nature and results are reported at low detection levels. • No metal equivalent values have been reported. • No high grade cut offs have been used. • Intercepts are reported as weighted averages • For this report, assays from rock samples are considered anomalous if over: Ag 20ppm, Cu 1000ppm, Pb 5000ppm, Zn 5000ppm |
||||||||
| Relationship between mineralisation widths and intercept lengths |
• If the geometry of the mineralisation with respect to the drillhole 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 |
• The geometry of mineralisation is unknown. • Drillhole intercepts are reported as downhole weighted averages. |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| (e.g. ‘down hole length, true width not known’). |
||
| Diagrams | • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. |
• See body of text |
| Balanced reporting |
• Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. |
• The report has been prepared to highlight the exploration potential of the project and observations and rock chip results based on past exploration within the project areas. Not all exploration results are shown for practical purposes. |
| 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. |
• Pantera Minerals has completed a brief one-day field reconnaissance trip to ensure the broad geological mapping was as described, and to ensure none of the geophysical targets had been drilled. • Pantera Minerals is relying on exploration data completed by previous tenement holders within the Project area. • Exploration work to date has largely been of a preliminary or reconnaissance nature. The Company is aware of regional scale aeromagnetic surveys and geological mapping programme undertaken by past explorers and has access to versions of the data that is available in reports. • Surface geochemical sampling programmes have been undertaken over many parts of the Project area. This data has not been fully compiled by the Company as yet. • The geophysical interpretation and targeting over the Hellcat project has been completed by Bangemall Metals Pty Ltd (the vendors), who are experienced geophysicists/geologists with an intimate and vast knowledge of base metal mineralisation within the Edmund Basin. |
| Further work | • The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large- scale step-out drilling). |
• The Company plans to further test several exploration targets as detailed in the attached report. • Diagrams in the report provide details of the principal targets within the project area based on work of past explorers |
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