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PEEL MINING LIMITED Capital/Financing Update 2024

Sep 30, 2024

65545_rns_2024-09-30_4462cf72-3fb0-4e6b-a94f-ebe0708715b0.pdf

Capital/Financing Update

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1 October 2024

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CURNAMONA EARN-IN JV EXPLORATION UPDATE

HIGHLIGHTS

Red Hill Minerals Limited ( ASX: RHI ) ( Red Hill or the Company ) is pleased to provide an update on the Curnamona Project.

All conditions precedent have been met and formal earn-in JV documents have been executed with Peel Mining Limited ( ASX: PEX ). The Company has the right to earn up to 75% at the Curnamona Project for an expenditure of $6.5 million over a five-year period with a minimum spend of $1.5 million[1] .

The Curnamona Project is located in the Broken Hill region (Figure 1), which is one of the most highly mineralised provinces in Australia, and is considered prospective for copper, gold, lead, zinc, silver, nickel, cobalt, molybdenum, uranium, and platinum group elements (PGEs).

The large, 1,500 km² project area is under-explored, mostly due to the thick cover sequences, but significant potential exists for a Tier 1 base metal system. Mineralisation is known to exist over a very large area, and within multiple highly prospective geological horizons including the key Broken Hill and Thackaringa Groups.

The Company has completed a comprehensive review of existing exploration data and reprocessing of geophysical datasets is currently underway whilst heritage and access agreement negotiations have also commenced.

Significant drilling results have previously been released from past explorers and are summarised in this announcement and include;

Broken Hill

  • 4.5m at 7.07% zinc, 0.81% lead, 15 g/t silver from 224.2m in DDIN3

  • 19.3m at 1.32% zinc, 9 g/t silver from 205m in DDIN4

  • 8.6m at 1.84% zinc, 0.58% lead, 14 g/t silver from 347.4m and

  • 13.9m at 0.91% zinc, 3 g/t silver from 502.1m in DDIN7

  • 2.02m at 17.34% zinc, 5.92% lead, 92 g/t silver from 315.59m and

  • 1.29m at 6.18% zinc, 0.7% lead, 20 g/t silver from 322.76m in 11DF12

  • 2.6m at 5.13% copper, 4 g/t silver, 4.4 g/t gold from 337.6m and

  • 0.8m at 1.87% copper, 8 g/t silver, 3.4 g/t gold from 504.1m in DD95SR1

  • 4.5m at 0.94% copper, 6 g/t silver, 0.2 g/t gold from 188m and

  • 1.3m at 1.27% copper, 1 g/t silver, 0.1 g/t gold from 251.7m in RD84P01

Anabama

  • 9m at 0.52% copper, 1.8 g/t gold from 9m in ARAB09028

  • 72m at 0.9% copper, 0.22 g/t gold from 18m including

  • 33m at 1.06% copper, 0.29 g/t gold from 42m in ARAB09029

  • 124m at 0.62% copper from 48m including

  • 12m at 1.89% copper from 86m in CRD10 .

1

Postal Address (08) 9481 8627 PO Box 689 [email protected] West Perth WA 6872 www.redhillminerals.com.au ABN 44 114 553 392

Address Level 2, 9 Havelock St West Perth WA 6005

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Red Hill Minerals CEO Michael Wall commented :

“Our exploration team has completed a comprehensive data review and is now focused on finalising access agreements to allow initial groundwork later this year with the aim of drilling our first holes at the project in the new year. The large, 1,500 km² project area is under-explored, mostly due to the thick cover sequences, but significant potential exists for a Tier 1 base metal system. Mineralisation is known to exist over a very large area, and within multiple highly prospective geological horizons including the key Broken Hill and Thackaringa Groups. Our exploration team has experience in systematically testing large areas of ground under cover and we will continue to use the latest exploration techniques to build upon the success of previous explorers to reduce the search space ahead of drilling our first holes at the project in the new year”.

Previous explorers including CRA Exploration (1980s), BHP (1990s), Platsearch NL (2000s) and Teck Australia (2010s) completed diamond drilling at various targets throughout the tenements, establishing local geochemistry and mineralisation models (Figure 4). These drilling and assay results have confirmed the project to be highly prospective with significant base and precious metals intercepts returned (Tables 1 to 4).

Figure 1 - The Curnamona Earn-In Joint Venture Location Plan.

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SUMMARY OF THE BROKEN HILL PROJECT (NSW)

The Broken Hill Project is located in western New South Wales (NSW), at the edge of the NSW and South Australian (SA) border, approximately 30km northwest of Broken Hill township and has Tier 1 potential for zinc-lead-silver deposits.

The tenements host the highly prospective Willyama Supergroup in which occurrences of interpreted Broken Hill Type (BHT) and Sedimentary Exhalative Type (SEDEX) base metal mineralisation occur primarily within the Broken Hill Group equivalent units, along with promising copper and gold intercepts in the Thackaringa Group (Figure 4).

A major redox boundary separates the Broken Hill Group from the Thackaringa Group and this is clearly highlighted in aeromagnetic data (Figure 2). The relative position of these prospective stratigraphic horizons can be traced for over 19 kilometres in strike within the Broken Hill Project and this redox boundary is proximal to Havilah Resources’ 1.1 Mt copper, 3.1 Moz gold mineral resource[2] .

Previous explorers of the tenements identified several base metals targets near this boundary including the Woolshed and Rathole Targets which are interpreted to be SEDEX target models.

At the Dome 1 and Dome 5 Targets, base metal mineralisation has been interpreted to be Mississippi Valley Type (MVT), hosted within Neoproterozoic Adelaidean sediments. Occurrences of interpreted BHT mineralisation has also been intersected at Dome 5 within typical Broken Hill mine sequence units.

Previous explorers have also recognised the potential of the Broken Hill Project to host several additional other styles of mineralisation, including:

  • Shear hosted copper-cobalt in the Thackaringa Group (e.g. Copper Blow),

  • Iron-oxide-copper-gold (IOCG) near the redox boundary, and

  • Nickel-copper-PGE associated with ultramafic sills.

Figure 2 – The Broken Hill Project Target Location Plan, Redox Boundary and Aeromagnetic Imagery.

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The Woolshed and Rathole Targets

The Woolshed Target is located along the redox boundary between the Broken Hill and Thackaringa Groups where copper-gold and zinc-lead-silver mineralisation was previously intersected in multiple stratigraphic horizons (Figures 1, 2, 3 and 4). Drilling targeting copper-gold mineralisation returned intersections of:

  • 2.6m at 5.13% copper, 4 g/t silver, 4.4 g/t gold from 337.6m and

  • • 0.8m at 1.87% copper, 8 g/t silver, 3.4 g/t gold from 504.1m in DD95SR1

Drilling two kilometres to the south of DD95SR1 returned the mineralised intercepts below, highlighting the extensive strike and copper-gold potential of the Thackaringa Group:

  • 4.5m at 0.94% copper, 6 g/t silver, 0.2g/t gold from 188m and

  • 1.3m at 1.27% copper, 1 g/t silver, 0.1g/t gold from 251.7m in RD84P01

  • 6.6m at 0.95% copper, 1 g/t silver, 0.5g/t gold from 195.6m and

  • 1.2m at 1.38% copper, 3 g/t silver, 0.2g/t gold from 217m in RD84P02

  • 1m at 1.34% copper, 1.4 g/t gold from 302m and

  • 1m at 1.01% copper, 1.2 g/t gold from 336m and

  • 1m at 1.25% copper from 564m in RD86P013 .

Zinc-lead-silver results from drilling at the Woolshed Target encountered encouraging broad, low-grade horizons, with higher grade intervals focussed within the Lower Broken Hill Group[4,5] :

  • 71.9m at 0.70% zinc and lead from 170.1m including

  • 4.5m at 7.07% zinc, 0.81% lead, 15 g/t silver from 224.2m and

  • 43.7m at 0.47% zinc, 2 g/t silver from 357.8m in DDIN3

  • 209m at 0.29% zinc and lead from 205m including

  • 19.3m at 1.32% zinc, 9 g/t silver from 205m in DDIN4

  • 8.6m at 1.84% zinc, 0.58% lead, 14 g/t silver from 347.4m and

  • 43.8m at 0.60% zinc and lead from 502.1m including

  • 13.9m at 0.91% zinc, 3 g/t silver from 502.1m in DDIN7

  • 1.4m at 1.02% lead, 1 g/t silver from 542.6m and

  • 3.6m at 1.31% zinc, 5 g/t silver from 821m in DDIN2B

  • 103m at 0.27% zinc and lead from 510m including

  • 1m at 12.20% zinc, 1 g/t silver from 581m in RD85P06.

Drilling at the Rathole Target located 10 kilometres south along strike from the Woolshed Target has been successful in defining encouraging intervals of copper-gold mineralisation with results including:

  • 1m at 2.47 g/t gold from 248.8m and

  • 1m at 1.66% copper, 3 g/t silver, 2.09 g/t gold from 380m in DD95SR2 .

Given the success of previous explorers’ limited work at the Broken Hill Project, and that no drilling has been conducted for over 12 years at the project, Red Hill is encouraged that there remains potential to contain a major deposit. The Company’s work program will evaluate the broader mineralisation trend and sedimentary basin to vector toward areas of higher-grade mineralisation.

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Figure 3 - Anomalous Results in Previous Drilling at the Woolshed and Rathole Target.

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Figure 4 – Geological Cross Section of the Woolshed Target showing Mineralisation Zoning with Significant Intersections (after Fabris et al, 2007[3] ).

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Dome 1 and Dome 5 Targets

Domal targets at the Broken Hill Project are interpreted to be granitic cores with rims of Upper Willyama Supergroup sequence rocks (Figures 1, 2 and 5). There are multiple dome targets throughout the project with anomalous base metal intercepts, and several of these targets have not yet been systematically tested.

The Dome 5 Target was drilled targeting BHT base metal mineralisation. Whilst geological interpretation of mineralised intercepts and host rock sequences by past explorers confirmed the validity of that model, significant MVT base metal mineralisation was also intersected within the younger Adelaidean sediments. Anomalous leadzinc-silver results returned from historic drilling at Dome 5 include:

  • 5.87m at 1.05% zinc, 0.68% lead, 9 g/t silver from 978m in DF1

  • 1m at 13.88% zinc, 8.03% lead, 75 g/t silver from 327.33m and

  • 3.06m at 6.95% zinc, 4 g/t silver from 337.64m in DF2

  • 1.1m at 1.6% zinc, 2 g/t silver from 333.2m in DF4

  • 7.2m at 0.8% lead, 15 g/t silver from 717.8m in DD96P2

  • 2m at 2.78% lead, 14 g/t silver from 442.2m and

  • 2.3m at 0.89% lead, 12 g/t silver from 836.5m in DD97P4

  • 2.95m at 2.87% zinc, 0.49% lead, 4 g/t silver from 323.05m in 11DF09

  • 2.02m at 17.34% zinc, 5.92% lead, 92 g/t silver from 315.59m and

  • 1.29m at 6.18% zinc, 0.7% lead, 20 g/t silver from 322.76m in 11DF12

Additional anomalous base metal results returned from Dome 1 include:

  • 6.5m at 6.61% zinc, 1 g/t silver from 314.5m in RD86P010 .

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Figure 5 - Anomalous Results in Previous Drilling at the Dome 1 and Dome 5 Targets.

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The Sentinel Hill Target

The Sentinel Hill Target is located south of the Barrier Highway and is approximately 35 kilometres southwest of Broken Hill (Figures 1 and 6). Past exploration has been focussed on areas of outcropping base metal anomalism with elevated lead, zinc and copper values returned from a strike extensive gossanous quartz-magnetite horizon. Limited drilling testing of this horizon has occurred to date with the best previously reported intercept:

  • 1.22m at 2% zinc, 0.48% lead, 11 g/t silver from 149.04m in DD_SA9 .

Figure 6 - Anomalous Results in Previous Drilling at the Sentinel Hill Target.

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SUMMARY OF THE ANABAMA PROJECT (SA)

The Anabama Project is located in eastern South Australia approximately 140km southwest of Broken Hill, NSW, within the Olary Province (Figure 1). The Anabama Project is prospective for copper/gold and uranium and contains historic copper workings. Previous explorers that have held the Anabama Project, including Carpentaria Exploration Co Pty Ltd, Placer Exploration Ltd and Diatreme Resources Limited, concentrated on the structurally controlled outcropping copper/gold mineralisation present at the Anabama and the White Rocks Targets (Figures 7 and 8). Red Hill intend to use these outcropping targets to evaluate the broader potential of the Boucat Volcanics and employ mineral exploration techniques to efficiently screen the project for a larger copper-gold system.

The Anabama Target

Historical drilling at the Anabama Target indicated that copper mineralisation is contained in lenses located around structures, faults or shear zones. Mineralisation extends for over two kilometres along strike and is open at depth. Historic drilling returned mineralised intercepts such as:

  • 50m at 0.69% copper from 2m including

  • 4m at 1.32% copper from 10m in RC95AB12

  • 28m at 0.96% copper, 0.1 g/t gold from 6m in RC95AB13

  • 26m at 0.84% copper from 12m in RC95AB15

  • 16m at 0.65% copper, 0.4 g/t gold from 36m in RC95AB9

  • 24m at 0.58% copper, 0.1 g/t gold from 16m and

  • 2m at 0.4 g/t gold from 64m and

  • 5m at 0.56% copper from 114m in LD12

  • 12m at 0.67% copper, 0.6 g/t gold from 8m including

  • 4m at 1.58% copper from 16m and

  • 2m at 1.2 g/t gold from 24m and

  • 4m at 1.9 g/t gold from 38m and

  • 20m at 0.54% copper, 0.1 g/t gold from 52m in LD13

  • 18m at 0.5 g/t gold from 22m in LD14

  • 25m at 0.68% copper, 0.4 g/t gold from 24m in LD53

  • 46m at 0.54% copper, 0.1 g/t gold from 28m in LD54

  • 19m at 0.79% copper, 0.1 g/t gold from 135m and

  • 5m at 0.95% copper, 0.1 g/t gold from 218m in LD57

  • 9m at 0.52% copper, 1.8 g/t gold from 9m in ARAB09028

  • 27m at 0.67% copper, 0.1 g/t gold from 21m in ARAB09028B

  • 72m at 0.9% copper, 0.22 g/t gold from 18m including

  • 33m at 1.06% copper, 0.29 g/t gold from 42m in ARAB09029

  • 3m at 0.1% copper, 0.34 g/t gold from 6m and

  • 12m at 0.7% copper, 0.07 g/t gold from 24m and

  • 33m at 0.83% copper, 0.21 g/t gold from 51m in ARAB09031

  • 63m at 0.61% copper from 12m in ARAB09037

  • 15m at 0.51% copper, 0.52 g/t gold from 9m and

  • 18m at 0.57% copper, 0.09 g/t gold from 42m and

  • 12m at 0.7% copper from 72m in ARAB09039

  • 40m at 0.13 g/t gold from 8m and

  • 35m at 0.66% copper from 201m in ARC0401

  • 124m at 0.62% copper from 48m including

  • 12m at 1.89% copper from 86m in CRD10

  • 40m at 0.5% copper from 44m in CRD7

  • 2m at 1.26% copper, 0.1 g/t gold from 90m in LD30

  • 4m at 1.33% copper from 108m in CRD3 .

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Figure 7 - Anomalous Results in Previous Drilling at the Anabama Target.
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The White Rocks Target

The White Rocks Target is 7.5 kilometres to the southeast of the Anabama Target and is located within the Boucat Volcanics. At the White Rocks Target limited drilling has been completed. Historic drilling, adjacent to old copper workings, has intersected both oxide and sulphide copper mineralisation with results including:

  • 13m at 0.65 g/t gold from 39m in drillhole LD39 and

  • 13m at 0.96% copper from 1m in drillhole LD41 .

Figure 8 - Anomalous Results in Previous Drilling at the White Rocks Target.

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Authorised by the Board.

Michael Wall CHIEF EXECUTIVE OFFICER

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Cautionary Statement

Information in this release is considered as historical by nature, and while all cares has been taken to review previous reports and available literature, ground testing and confirmation work is yet to be completed by the Company. The historical work was completed by reputable companies and laboratory analysis was conducted on a range of drill core and samples by reputable laboratories. However, there is no guarantee that these results are representative of the Curnamona Project until further sampling, drilling, assaying and processing test work is conducted by the Company. The Company confirms that it is not aware of any new information or data that materially affects the information in the announcement.

Forward Looking Statement

This document may contain certain forward-looking statements which have not been based solely on historical facts but rather on Red Hill Minerals expectations about future events and on a number of assumptions which are subject to significant risks, uncertainties and contingencies many of which are outside the control of Red Hill Minerals and its directors, officers and advisers. Forward-looking statements include, but are not necessarily limited to, statements concerning Red Hill Minerals’ planned exploration programme, strategies and objectives of management, anticipated dates and expected costs or outputs. When used in this document, words such as "could", "plan", "estimate", "expect", "intend", "may", potential", "should" and similar expressions are forward-looking statements. Due care and attention has been taken in the preparation of this document and although Red Hill Minerals believes that its expectations reflected in any forward looking statements made in this document are reasonable, no assurance can be given that actual results will be consistent with these forward-looking statements. This document should not be relied upon as providing any recommendation or forecast by Red Hill Minerals or its directors, officers or advisers. To the fullest extent permitted by law, no liability, however arising, will be accepted by Red Hill Minerals or its directors, officers or advisers, as a result of any reliance upon any forward looking statement contained in this document.

Competent Person Statement

The information in this report that relates to exploration activities is based on information compiled by Mr Michael Wall, Chief Executive Officer, Red Hill Minerals Limited who is a Member of the Australian Institute of Mining and Metallurgy. Mr Wall is a full-time employee of Red Hill Minerals Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined by the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Wall consents to the report being issued in the form and context in which it appears.

1 Refer Red Hill Minerals ASX Release “Binding Heads of Agreement expands Red Hill’s exploration into the Broken Hill and Olary regions of NSW and SA” announcement dated 5 July 2024.

2 Refer Havilah Resources Limited ASX Release “Kalkaroo copper – gold Project: Resource Upgrade” announcement dated 29 March 2017.

3 Fabris, A.J., Keeling, J.L., Fidler, R.W., Joseph, E.J. and Hill, S.M., 2007. Investigations of geochemical exploration techniques in the Curnamona Province – Curnaminex Project results 2005 - 2006. South Australia. Department of Primary Industries and Resources. Report Book 2007/10.

4 Platsearch NL., 2004. Joint Annual Report for Exploration Licences 4656 and 4657 “Mundi Mundi” for the period 21 April 2003 to 20 April 2004. Platsearch NL, Australia.

5CRA Exploration Pty. Limited, 1985. Exploration report for the six month period ending 12th February, 1986 for EL 2166 Mundi Mundi, EL 2167 Tramway and EL 2251 Polygonum and report to accompany application for renewal of EL 2166 Mundi Mundi and EL 2167 Tramway Broken Hill District, NSW. CRA Exploration, Broken Hill, New South Wales.

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Table 1: Summary of Historic Drill Hole Collars at the Broken Hill Project.

Hole ID Company Reference
Source		 Hole
Type		 Easting Northing RL
(mAHD)		 Dip Azimuth Total
Depth
(m)
11DF09 Teck Australia Pty Ltd 1 DD 507638 6505474 122 -90 0 369
11DF10 Teck Australia Pty Ltd 2 DD 507042 6505187 122 -90 157 408
11DF11 Teck Australia Pty Ltd 2 DD 507491 6505976 122 -89 216 356
11DF12 Teck Australia Pty Ltd 2 DD 507426 6505663 122 -90 280 345
11DF16 Teck Australia Pty Ltd 2 DD 507070 6505685 122 -89 156 381
11DF17 Teck Australia Pty Ltd 2 DD 507284 6505852 122 -89 119 347
12DF18 Teck Australia Pty Ltd 2 DD 507235 6505531 122 -90 0 370
12DF19 Teck Australia Pty Ltd 2 DD 507885 6505295 124 -90 345 396
DD_SA3 Broken Hill South Ltd 3 DD 520816 6434491 245 -50 133 412
DD_SA9 Broken Hill South Ltd 3 DD 520390 6434015 254 -45 133 191
DD95SR1 Platsearch NL 4 RCD 503247 6494629 137 -60 210 601
DD95SR2 Platsearch NL 4 RCD 505072 6488379 149 -60 230 699
DD95SR3 Platsearch NL 4 RCD 503297 6494696 138 -60 210 545
DD95SR4 Platsearch NL 4 RCD 508572 6476779 162 -70 274 496
DD95SR5 Platsearch NL 4 RCD 503372 6494379 137 -60 210 441
DD96P1 Platsearch NL 5 DD 513845 6495502 153 -65 127 482
DD96P2 Platsearch NL 5 DD 508741 6506398 121 -90 0 868
DD96P3 Platsearch NL 6 DD 524121 6502178 162 -90 0 727
DD97P4 Platsearch NL 6 DD 508955 6506609 122 -90 0 923
DD97P5 Platsearch NL 6 DD 509026 6506682 121 -90 0 850
DDIN2 Platsearch NL 7 RC 503277 6495798 134 -60 210 225
DDIN2B Platsearch NL 7 RCD 503284 6495784 139 -70 210 866
DDIN3 Platsearch NL 7 RCD 502699 6495215 139 -70 210 636
DDIN4 Platsearch NL 7 RCD 502321 6495528 133 -70 210 414
DDIN5 Platsearch NL 8 RCD 500676 6496664 128 -70 200 474
DDIN7 Platsearch NL 8 RCD 502634 6495538 139 -70 210 550
DF04 Teck Cominco Australia Pty Ltd 11 DD 507660 6505790 122 -90 0 358
DF05 Teck Cominco Australia Pty Ltd 11 DD 508850 6506040 122 -90 0 1,000
DF06 Teck Cominco Australia Pty Ltd 11 DD 507393 6505323 122 -90 0 400
DF07 Teck Cominco Australia Pty Ltd 11 DD 508079 6505436 123 -90 0 403
DF08 Teck Cominco Australia Pty Ltd 11 DD 509832 6507788 120 -90 0 1,000
DF1 Platsearch NL /
Teck Cominco Australia Pty Ltd		 9,10,11 DD 509460 6506600 122 -90 0 1,207
DF2 Platsearch NL /
Teck Cominco Australia Pty Ltd		 9,11 DD 507850 6505600 123 -90 0 974
DF3 Teck Cominco Australia Pty Ltd 10,11 DD 508850 6506040 123 -90 0 1,055
DT1 Platsearch NL 9 DD 512905 6496007 150 -90 0 755
MR98008 Platsearch NL 13 RC 506722 6483679 156 -90 0 295
MR99004 Platsearch NL 14 RC 504576 6491666 141 -90 0 407
MR99007 Platsearch NL 14 RC 511622 6487179 162 -90 0 349
RD84P01 CRA Exploration Pty Ltd 15 DD 503923 6493094 147 -90 0 282
RD84P02 CRA Exploration Pty Ltd 15 DD 503741 6493089 138 -90 0 250
RD84P05 CRA Exploration Pty Ltd 15 DD 504562 6493577 147 -65 262 488
RD85P06 CRA Exploration Pty Ltd 16 DD 503924 6495639 143 -75 218 713
RD85P08 CRA Exploration Pty Ltd 16 DD 503551 6495277 141 -70 218 739
RD86NW1 CRA Exploration Pty Ltd 17 DD 512591 6464078 216 -60 155 630
RD86P010 CRA Exploration Pty Ltd 18 DD 514411 6496200 155 -65 172 470
RD86P011 CRA Exploration Pty Ltd 19 DD 514398 6495695 156 -60 172 488
RD86P013 CRA Exploration Pty Ltd 19 DD 504074 6493086 146 -65 262 595
RD86P015 CRA Exploration Pty Ltd 19 DD 505801 6486088 152 -60 262 517
RD86P016 CRA Exploration Pty Ltd 19 DD 508933 6495598 142 -90 352 1,245
RD87P017 CRA Exploration Pty Ltd 20 DD 505611 6487578 148 -60 262 559

Notes:

Co-ordinates are in GDA94 Zone 54.

Hole Types - DD (Diamond Drillhole), RCD (RC top, Diamond tail), RC (Reverse Circulation), P (Percussion), RAB (Rotary Air Blast).

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Table 2: Summary of Significant Drill Hole Assay Intersections at the Broken Hill Project.

Hole ID From (m) To (m) Width Cu % Au g/t Ag g/t Zn % Pb % Intercept
11DF09 323.05 326.00 2.95 0.01 NA 4.11 2.87 0.49 2.95m @ 2.87% Zn, 0.49% Pb, 4 g/t Ag from 323.05m
11DF09 333.73 334.30 0.57 BDL NA 11.00 2.08 0.80 0.57m @ 2.08% Zn, 0.8% Pb, 11 g/t Ag from 333.73m
11DF10 334.60 334.80 0.20 0.01 NA 5.00 6.82 0.10 0.2m @ 6.82% Zn, 5 g/t Ag from 334.6m
11DF11 333.61 333.93 0.32 0.01 NA 27.00 2.87 2.86 0.32m @ 2.87% Zn, 2.86% Pb, 27 g/t Ag from 333.61m
11DF12 315.59 317.61 2.02 0.02 NA 92.08 17.34 5.92 2.02m @ 17.34% Zn, 5.92% Pb, 92 g/t Ag from 315.59m
11DF12 322.76 324.05 1.29 0.01 NA 19.71 6.18 0.70 1.29m @ 6.18% Zn, 0.7% Pb, 20 g/t Ag from 322.76m
11DF16 324.47 324.97 0.50 BDL NA 5.00 0.02 0.56 0.5m @ 0.56% Pb, 5 g/t Ag from 324.47m
11DF17 316.44 316.78 0.34 0.03 NA 3.00 1.12 0.08 0.34m @ 1.12% Zn, 3 g/t Ag from 316.44m
12DF18 323.45 324.08 0.63 0.01 NA 6.00 2.24 0.01 0.63m @ 2.24% Zn, 6 g/t Ag from 323.45m
12DF19 349.17 349.67 0.50 BDL NA BDL 0.68 0.03 0.5m @ 0.68% Zn from 349.17m
DD_SA3 255.72 257.09 1.37 0.01 NA 2.79 0.60 0.20 1.37m @ 0.6% Zn, 3 g/t Ag from 255.72m
DD_SA3 259.07 261.51 2.44 0.17 NA 9.05 0.27 0.75 2.44m @ 0.75% Pb, 9 g/t Ag from 259.07m
DD_SA9 115.97 116.43 0.46 1.20 NA NA 0.12 0.04 0.46m @ 1.2% Cu from 115.97m
DD_SA9 141.42 142.34 0.92 0.02 NA 12.60 0.29 0.50 0.92m @ 0.5% Pb, 13 g/t Ag from 141.42m
DD_SA9 149.04 150.26 1.22 0.05 NA 11.20 2.00 0.48 1.22m @ 2% Zn, 0.48% Pb, 11 g/t Ag from 149.04m
DD95SR1 301.10 302.00 0.90 0.03 0.70 BDL 0.00 BDL 0.9m @ 0.7 g/t Au from 301.1m
DD95SR1 337.60 340.20 2.60 5.13 4.43 4.27 0.00 BDL 2.6m @ 5.13% Cu, 4 g/t Ag, 4.43 g/t Au from 337.6m
DD95SR1 349.70 350.20 0.50 0.40 0.40 BDL 0.00 BDL 0.5m @ 0.4 g/t Au from 349.7m
DD95SR1 504.10 504.90 0.80 1.87 3.37 8.00 0.00 0.00 0.8m @ 1.87% Cu, 8 g/t Ag, 3.37 g/t Au from 504.1m
DD95SR2 248.80 249.80 1.00 0.02 2.47 BDL 0.02 0.00 1m @ 2.47 g/t Au from 248.8m
DD95SR2 380.00 381.00 1.00 1.66 2.09 3.00 0.00 BDL 1m @ 1.66% Cu, 3 g/t Ag, 2.09 g/t Au from 380m
DD95SR2 382.20 382.30 0.10 3.18 0.44 BDL 0.00 BDL 0.1m @ 3.18% Cu, 0.44 g/t Au from 382.2m
DD95SR2 426.30 426.60 0.30 2.56 5.20 2.00 0.00 BDL 0.3m @ 2.56% Cu, 2 g/t Ag, 5.2 g/t Au from 426.3m
DD95SR2 640.50 641.00 0.50 0.24 0.40 BDL 0.00 BDL 0.5m @ 0.4 g/t Au from 640.5m
DD95SR3 517.40 517.70 0.30 0.32 0.10 BDL 0.00 BDL 0.3m @ 0.1 g/t Au from 517.4m
DD95SR4 291.60 291.80 0.20 0.55 0.13 BDL 0.00 BDL 0.2m @ 0.55% Cu, 0.13 g/t Au from 291.6m
DD95SR5 206.80 207.50 0.70 0.01 1.04 BDL 0.00 BDL 0.7m @ 1.04 g/t Au from 206.8m
DD95SR5 238.90 239.30 0.40 0.01 2.10 2.00 0.00 0.00 0.4m @ 2.1 g/t Au 2 g/t Ag from 238.9m
DD95SR5 259.80 260.40 0.60 0.42 0.17 BDL 0.00 0.00 0.6m @ 0.17 g/t Au from 259.8m
DD95SR5 280.20 280.40 0.20 0.39 0.33 3.00 0.00 0.00 0.2m @ 0.33 g/t Au 3 g/t Ag from 280.2m
DD95SR5 289.30 289.50 0.20 0.35 1.76 3.00 0.00 0.00 0.2m @ 1.76 g/t Au 3 g/t Ag from 289.3m
DD95SR5 294.90 295.00 0.10 0.87 0.19 2.00 BDL BDL 0.1m @ 0.87% Cu, 2 g/t Ag, 0.19 g/t Au from 294.9m
DD95SR5 323.30 323.60 0.30 0.13 0.34 BDL 0.00 BDL 0.3m @ 0.34 g/t Au from 323.3m
DD96P1 319.70 320.00 0.30 0.50 0.02 BDL 0.00 BDL 0.3m @ 0.5% Cu, 0.02 g/t Au from 319.7m
DD96P2 628.20 629.20 1.00 0.08 0.01 9.00 0.73 0.03 1m @ 0.73% Zn, 9 g/t Ag from 628.2m
DD96P2 717.80 725.00 7.20 0.02 0.02 15.01 0.24 0.80 [email protected]%Pb,15g/t Agfrom 717.8m
DD96P3 452.80 453.00 0.20 0.02 1.00 BDL 0.01 0.00 0.2m @ 1 g/t Au from 452.8m
DD96P3 465.90 466.10 0.20 0.34 0.16 3.00 0.01 0.00 0.2m @ 0.16 g/t Au 3 g/t Ag from 465.9m
DD96P3 677.90 678.10 0.20 0.14 0.33 2.00 0.00 0.00 0.2m @ 0.33 g/t Au 2 g/t Ag from 677.9m
DD97P4 442.20 444.20 2.00 0.02 0.01 14.00 0.08 2.78 2m @ 2.78% Pb, 14 g/t Ag from 442.2m
DD97P4 474.20 475.00 0.80 0.00 0.01 18.00 0.03 2.65 0.8m @ 2.65% Pb, 18 g/t Ag from 474.2m
DD97P4 797.10 797.30 0.20 0.00 BDL BDL 0.65 0.01 0.2m @ 0.65% Zn from 797.1m
DD97P4 836.50 838.80 2.30 0.02 0.02 11.91 0.23 0.89 2.3m @ 0.89% Pb, 12 g/t Ag from 836.5m
DD97P5 314.50 317.20 2.70 0.00 BDL BDL 0.75 0.02 2.7m @ 0.75% Zn from 314.5m
DD97P5 325.00 331.00 6.00 0.00 0.00 0.17 0.50 0.01 6m @ 0.5% Zn from 325m
DDIN2 195.00 225.00 30.00 0.00 0.10 BDL 0.01 0.00 30m @ 0.1 g/t Au from 195m
DDIN2B 217.70 220.10 2.40 0.02 0.11 BDL 0.03 0.01 2.4m @ 0.11 g/t Au from 217.7m
DDIN2B 336.80 336.90 0.10 0.00 BDL 3.00 0.03 0.88 0.1m @ 0.88% Pb, 3 g/t Ag from 336.8m
DDIN2B 338.80 339.10 0.30 0.03 0.08 2.00 0.16 1.43 0.3m @ 1.43% Pb, 2 g/t Ag from 338.8m
DDIN2B 365.70 370.00 4.30 0.01 0.01 1.40 0.21 0.45 4.3m @ 0.45% Pb, 1 g/t Ag from 365.7m
DDIN2B 542.60 544.00 1.40 0.01 0.03 1.00 0.44 1.02 1.4m @ 1.02% Pb, 1 g/t Ag from 542.6m
DDIN2B 563.50 563.70 0.20 0.02 0.07 8.00 1.15 2.84 0.2m @ 1.15% Zn, 2.84% Pb, 8 g/t Ag from 563.5m
DDIN2B 821.00 824.60 3.60 0.01 0.00 4.53 1.31 0.09 3.6m @ 1.31% Zn, 5 g/t Ag from 821m
DDIN2B 847.30 847.70 0.40 0.02 BDL BDL 0.62 0.02 0.4m @ 0.62% Zn from 847.3m
DDIN3 224.20 228.70 4.50 0.01 0.04 15.13 7.07 0.81 4.5m @ 7.07% Zn, 0.81% Pb, 15 g/t Ag from 224.2m
DDIN3 298.90 303.00 4.10 0.01 0.02 4.00 0.90 0.29 4.1m @ 0.9% Zn, 4 g/t Ag from 298.9m
DDIN3 357.80 401.50 43.70 0.01 0.01 2.28 0.47 0.09 43.7m @ 0.47% Zn, 2 g/t Ag from 357.8m
DDIN4 205.00 224.30 19.30 0.01 0.02 8.71 1.32 0.27 19.3m @ 1.32% Zn, 9 g/t Ag from 205m
DDIN4 292.60 295.40 2.80 0.01 0.02 BDL 0.58 0.08 2.8m @ 0.58% Zn from 292.6m
DDIN4 361.10 382.10 21.00 0.01 0.01 1.19 0.47 0.08 21m @ 0.47% Zn from 361.1m
DDIN4 390.70 391.40 0.70 0.01 0.01 3.00 0.53 0.07 0.7m @ 0.53% Zn, 3 g/t Ag from 390.7m
DDIN4 395.70 397.20 1.50 0.01 BDL 2.00 0.57 0.01 1.5m @ 0.57% Zn, 2 g/t Ag from 395.7m
DDIN4 401.80 412.10 10.30 0.02 0.01 3.17 0.58 0.13 10.3m @ 0.58% Zn, 3 g/t Ag from 401.8m
DDIN5 280.70 283.00 2.30 0.01 0.01 0.52 0.92 0.04 2.3m @ 0.92% Zn, 1 g/t Ag from 280.7m
DDIN5 301.70 302.10 0.40 0.01 0.01 BDL 0.56 0.04 0.4m @ 0.56% Zn from 301.7m
14

14

==> picture [595 x 18] intentionally omitted <==

DDIN5 445.90 446.10 0.20 0.01 0.04 9.00 1.50 0.29 0.2m @ 1.5% Zn, 9 g/t Ag from 445.9m
DDIN5 459.40 464.70 5.30 0.02 0.02 3.00 0.65 0.11 5.3m @ 0.65% Zn, 3 g/t Ag from 459.4m
DDIN5 472.50 474.00 1.50 0.01 BDL BDL 0.54 0.01 1.5m @ 0.54% Zn from 472.5m
DDIN7 307.50 317.90 10.40 0.01 0.02 2.14 0.71 0.24 10.4m @ 0.71% Zn, 2 g/t Ag from 307.5m
DDIN7 347.40 356.00 8.60 0.01 0.02 13.92 1.84 0.58 8.6m @ 1.84% Zn, 0.58% Pb, 14 g/t Ag from 347.4m
DDIN7 399.60 399.90 0.30 0.01 0.02 3.00 2.10 0.40 0.3m @ 2.1% Zn, 3 g/t Ag from 399.6m
DDIN7 428.60 432.30 3.70 0.02 0.01 2.00 0.62 0.17 3.7m @ 0.62% Zn, 2 g/t Ag from 428.6m
DDIN7 458.60 459.20 0.60 0.01 0.01 6.00 1.02 0.47 0.6m @ 1.02% Zn, 0.47% Pb, 6 g/t Ag from 458.6m
DDIN7 502.10 516.00 13.90 0.02 0.01 3.06 0.91 0.10 13.9m @ 0.91% Zn, 3 g/t Ag from 502.1m
DDIN7 534.00 545.90 11.90 0.02 0.01 2.49 0.62 0.11 11.9m @ 0.62% Zn, 2 g/t Ag from 534m
DF04 328.20 329.10 0.90 0.01 0.00 7.34 2.54 0.03 0.9m @ 2.54% Zn, 7 g/t Ag from 328.2m
DF04 333.20 334.30 1.10 0.00 0.01 2.03 1.60 0.04 1.1m @ 1.6% Zn, 2 g/t Ag from 333.2m
DF05 337.10 337.40 0.30 0.01 0.01 8.35 8.62 0.41 0.3m @ 8.62% Zn, 8 g/t Ag from 337.1m
DF05 349.00 349.50 0.50 0.00 0.00 16.50 0.02 1.65 0.5m @ 1.65% Pb, 17 g/t Ag from 349m
DF05 352.00 353.00 1.00 0.00 0.00 0.51 0.59 0.06 1m @ 0.59% Zn, 1 g/t Ag from 352m
DF05 573.80 573.90 0.10 0.00 0.00 1.62 2.57 0.00 0.1m @ 2.57% Zn, 2 g/t Ag from 573.8m
DF05 590.90 591.30 0.40 0.00 0.01 0.41 0.53 0.03 0.4m @ 0.53% Zn from 590.9m
DF05 596.80 596.90 0.10 0.01 0.01 2.21 2.77 0.01 0.1m @ 2.77% Zn, 2 g/t Ag from 596.8m
DF05 614.60 615.00 0.40 0.00 0.01 1.25 1.17 0.02 0.4m @ 1.17% Zn, 1 g/t Ag from 614.6m
DF05 785.50 787.70 2.20 0.05 0.01 2.02 0.61 0.02 2.2m @ 0.61% Zn, 2 g/t Ag from 785.5m
DF05 790.50 790.70 0.20 0.04 0.01 1.13 0.66 0.06 0.2m @ 0.66% Zn, 1 g/t Ag from 790.5m
DF05 791.80 792.50 0.70 0.19 0.02 6.73 0.54 0.03 0.7m @ 0.54% Zn, 7 g/t Ag from 791.8m
DF05 995.50 995.60 0.10 0.00 0.20 0.92 0.00 0.00 0.1m @ 0.2 g/t Au 1 g/t Ag from 995.5m
DF06 317.20 318.00 0.80 0.03 0.01 83.00 19.15 4.90 0.8m @ 19.15% Zn, 4.9% Pb, 83 g/t Ag from 317.2m
DF07 334.20 334.30 0.10 0.01 0.00 0.68 0.55 0.02 0.1m @ 0.55% Zn, 1 g/t Ag from 334.2m
DF07 340.30 340.60 0.30 0.00 0.00 23.70 0.03 2.94 0.3m @ 2.94% Pb, 24 g/t Ag from 340.3m
DF08 571.60 572.90 1.30 0.01 0.00 0.41 0.77 0.02 [email protected]%Zn from 571.6m
DF08 630.00 633.00 3.00 0.00 0.14 0.13 0.01 0.00 3m @ 0.14 g/t Au from 630m
DF08 736.00 736.20 0.20 0.00 0.01 1.04 0.68 0.05 0.2m @ 0.68% Zn, 1 g/t Ag from 736m
DF08 791.60 791.70 0.10 0.01 0.00 8.42 7.27 0.83 0.1m @ 7.27% Zn, 0.83% Pb, 8 g/t Ag from 791.6m
DF08 825.50 825.60 0.10 0.01 0.00 2.21 2.16 0.24 0.1m @ 2.16% Zn, 2 g/t Ag from 825.5m
DF1 348.50 348.70 0.20 0.11 0.28 1.64 0.14 0.05 0.2m @ 0.28 g/t Au 2 g/t Ag from 348.5m
DF1 452.00 455.00 3.00 0.00 0.00 6.27 0.01 0.53 3m @ 0.53% Pb, 6 g/t Ag from 452m
DF1 479.00 481.00 2.00 0.00 0.00 4.50 0.02 0.53 2m @ 0.53% Pb, 5 g/t Ag from 479m
DF1 483.00 484.00 1.00 BDL 0.01 6.00 0.00 0.89 1m @ 0.89% Pb, 6 g/t Ag from 483m
DF1 978.00 983.87 5.87 0.01 0.01 9.10 1.05 0.68 5.87m @ 1.05% Zn, 0.68% Pb, 9 g/t Ag from 978m
DF1 985.63 985.73 0.10 0.07 0.01 4.00 0.77 0.13 0.1m @ 0.77% Zn, 4 g/t Ag from 985.63m
DF1 995.00 995.61 0.61 0.04 0.01 7.00 0.50 0.02 0.61m @ 0.5% Zn, 7 g/t Ag from 995m
DF1 1073.90 1074.30 0.40 0.00 0.00 0.68 0.69 0.13 0.4m @ 0.69% Zn, 1 g/t Ag from 1073.9m
DF2 327.33 328.33 1.00 0.03 0.02 74.85 13.88 8.03 1m @ 13.88% Zn, 8.03% Pb, 75 g/t Ag from 327.33m
DF2 337.64 340.70 3.06 0.01 0.02 3.89 6.95 0.17 3.06m @ 6.95% Zn, 4 g/t Ag from 337.64m
DF2 480.00 481.80 1.80 0.00 0.16 0.39 0.01 0.00 1.8m @ 0.16 g/t Au from 480m
DF2 515.00 520.00 5.00 0.00 0.22 0.34 0.01 0.00 5m @ 0.22 g/t Au from 515m
DF2 527.00 530.00 3.00 0.00 0.16 0.40 0.03 0.01 3m @ 0.16 g/t Au from 527m
DF2 533.00 534.00 1.00 0.00 0.59 0.25 0.01 0.01 1m @ 0.59 g/t Au from 533m
DF2 538.00 539.00 1.00 0.00 0.23 0.32 0.01 0.00 1m @ 0.23 g/t Au from 538m
DF2 544.00 546.00 2.00 0.00 0.26 0.22 0.01 0.00 2m @ 0.26 g/t Au from 544m
DF3 493.70 494.80 1.10 0.02 0.00 2.47 0.92 0.26 1.1m @ 0.92% Zn, 2 g/t Ag from 493.7m
DF3 783.00 783.40 0.40 0.01 0.11 0.90 0.01 0.01 0.4m @ 0.11 g/t Au 1 g/t Ag from 783m
DF3 790.80 791.50 0.70 0.03 0.12 0.65 0.01 0.00 0.7m @ 0.12 g/t Au 1 g/t Ag from 790.8m
DF3 846.90 847.20 0.30 0.01 0.01 3.84 0.74 0.07 0.3m @ 0.74% Zn, 4 g/t Ag from 846.9m
DF3 854.00 854.60 0.60 0.01 0.01 1.55 0.53 0.13 0.6m @ 0.53% Zn, 2 g/t Ag from 854m
DF3 895.90 896.30 0.40 1.65 0.06 23.40 0.09 0.20 0.4m @ 1.65% Cu, 23 g/t Ag from 895.9m
DF3 947.60 948.80 1.20 0.02 0.12 1.93 0.03 0.01 1.2m @ 0.12 g/t Au 2 g/t Ag from 947.6m
DT1 628.00 629.00 1.00 0.00 NA BDL 0.60 0.06 1m @ 0.6% Zn from 628m
MR98008 238.00 256.00 18.00 NA 0.60 NA NA NA 18m @ 0.6 g/t Au from 238m
MR99004 290.00 302.00 12.00 0.00 0.11 BDL 0.01 0.00 12m @ 0.11 g/t Au from 290m
MR99007 338.00 344.00 6.00 0.06 0.47 2.00 0.36 0.04 6m @ 0.47 g/t Au 2 g/t Ag from 338m
RD84P01 188.00 192.50 4.50 0.94 0.24 5.56 0.00 0.00 4.5m @ 0.94% Cu, 6 g/t Ag, 0.24 g/t Au from 188m
RD84P01 195.70 197.00 1.30 0.77 0.34 1.00 0.00 0.00 1.3m @ 0.77% Cu, 1 g/t Ag, 0.34 g/t Au from 195.7m
RD84P01 214.00 216.00 2.00 0.99 0.07 BDL 0.00 0.00 2m @ 0.99% Cu from 214m
RD84P01 251.70 253.00 1.30 1.27 0.09 1.00 0.00 0.00 1.3m @ 1.27% Cu, 1 g/t Ag, 0.09 g/t Au from 251.7m
RD84P01 275.00 276.00 1.00 0.36 0.20 BDL 0.00 0.00 1m @ 0.2 g/t Au from 275m
RD84P02 195.60 202.20 6.60 0.95 0.50 0.91 0.00 0.00 6.6m @ 0.95% Cu, 1 g/t Ag, 0.5 g/t Au from 195.6m
RD84P02 217.00 218.20 1.20 1.38 0.16 3.00 0.01 0.00 1.2m @ 1.38% Cu, 3 g/t Ag, 0.16 g/t Au from 217m
RD84P05 399.00 400.00 1.00 0.04 NA 15.00 0.03 0.69 1m @ 0.69% Pb, 15 g/t Ag from 399m
RD84P05 429.40 430.00 0.60 0.00 0.02 8.00 0.04 0.74 0.6m @ 0.74% Pb, 8 g/t Ag from 429.4m
15

15

==> picture [595 x 18] intentionally omitted <==

RD84P05 449.80 450.20 0.40 0.00 BDL 8.00 0.11 0.74 0.4m @ 0.74% Pb, 8 g/t Ag from 449.8m
RD85P06 369.20 370.35 1.15 0.01 BDL 2.00 0.60 0.06 1.15m @ 0.6% Zn, 2 g/t Ag from 369.2m
RD85P06 379.00 380.00 1.00 0.04 NA 29.00 0.06 0.53 1m @ 0.53% Pb, 29 g/t Ag from 379m
RD85P06 514.00 515.00 1.00 0.00 0.00 2.00 0.80 0.32 1m @ 0.8% Zn, 2 g/t Ag from 514m
RD85P06 525.00 526.00 1.00 0.00 0.00 13.00 0.25 0.56 1m @ 0.56% Pb, 13 g/t Ag from 525m
RD85P06 533.00 535.00 2.00 0.05 NA 1.50 0.21 0.52 2m @ 0.52% Pb, 2 g/t Ag from 533m
RD85P06 545.00 546.00 1.00 0.01 0.00 1.00 0.86 0.36 1m @ 0.86% Zn, 1 g/t Ag from 545m
RD85P06 561.00 562.00 1.00 0.00 0.00 1.00 0.19 0.51 1m @ 0.51% Pb, 1 g/t Ag from 561m
RD85P06 565.00 567.00 2.00 0.03 NA 1.00 0.21 0.81 2m @ 0.81% Pb, 1 g/t Ag from 565m
RD85P06 581.00 582.00 1.00 0.01 0.00 1.00 12.20 0.27 1m @ 12.2% Zn, 1 g/t Ag from 581m
RD85P06 586.00 587.00 1.00 0.01 0.00 1.00 0.52 0.38 1m @ 0.52% Zn, 1 g/t Ag from 586m
RD85P06 623.00 625.50 2.50 0.02 NA 2.00 0.22 0.68 2.5m @ 0.68% Pb, 2 g/t Ag from 623m
RD85P06 689.00 690.00 1.00 0.01 0.00 4.00 0.68 0.36 1m @ 0.68% Zn, 4 g/t Ag from 689m
RD85P08 610.00 614.00 4.00 0.07 0.00 5.75 0.58 0.04 4m @ 0.58% Zn, 6 g/t Ag from 610m
RD85P08 619.00 620.00 1.00 0.01 NA 4.00 0.66 0.13 1m @ 0.66% Zn, 4 g/t Ag from 619m
RD85P08 627.20 630.40 3.20 0.02 0.00 0.44 0.63 0.11 3.2m @ 0.63% Zn from 627.2m
RD85P08 665.00 666.00 1.00 0.01 NA BDL 0.53 0.01 1m @ 0.53% Zn from 665m
RD86NW1 174.00 175.00 1.00 0.02 0.15 0.50 0.18 0.00 1m @ 0.15 g/t Au 1 g/t Ag from 174m
RD86NW1 187.00 188.00 1.00 0.02 0.15 0.12 0.00 1m @ 0.15 g/t Au from 187m
RD86P010 314.50 321.00 6.50 0.02 BDL 0.92 6.61 0.04 6.5m @ 6.61% Zn, 1 g/t Ag from 314.5m
RD86P011 416.50 417.00 0.50 0.09 0.01 2.00 1.37 0.01 0.5m @ 1.37% Zn, 2 g/t Ag from 416.5m
RD86P013 288.00 290.00 2.00 0.33 0.14 BDL 0.00 BDL 2m @ 0.14 g/t Au from 288m
RD86P013 302.00 303.00 1.00 1.34 1.35 BDL 0.00 BDL 1m @ 1.34% Cu, 1.35 g/t Au from 302m
RD86P013 336.00 337.00 1.00 1.01 1.22 BDL 0.00 0.00 1m @ 1.01% Cu, 1.22 g/t Au from 336m
RD86P013 365.00 366.00 1.00 0.78 0.04 BDL 0.00 0.00 1m @ 0.78% Cu from 365m
RD86P013 410.00 411.00 1.00 0.51 0.30 BDL 0.00 0.00 1m @ 0.51% Cu, 0.3 g/t Au from 410m
RD86P013 564.00 565.00 1.00 1.25 0.04 BDL 0.01 0.00 [email protected]%Cu from 564m
RD86P015 398.00 399.00 1.00 0.07 0.22 0.50 0.00 0.01 1m @ 0.22 g/t Au 1 g/t Ag from 398m
RD86P015 402.00 403.00 1.00 0.51 0.01 2.00 0.01 0.00 1m @ 0.51% Cu, 2 g/t Ag from 402m
RD86P016 313.80 313.90 0.10 0.01 BDL BDL 0.88 0.10 0.1m @ 0.88% Zn from 313.8m
RD86P016 324.30 324.40 0.10 0.00 0.10 BDL 0.01 0.00 0.1m @ 0.1 g/t Au from 324.3m
RD86P016 438.00 438.10 0.10 0.01 BDL BDL 1.38 0.00 0.1m @ 1.38% Zn from 438m
RD86P016 449.80 451.80 2.00 0.00 BDL BDL 0.72 0.02 2m @ 0.72% Zn from 449.8m
RD86P016 485.00 485.30 0.30 0.07 0.01 BDL 1.08 0.01 0.3m @ 1.08% Zn from 485m
RD86P016 498.70 498.90 0.20 0.01 0.06 BDL 0.57 0.01 0.2m @ 0.57% Zn from 498.7m
RD87P017 180.80 181.10 0.30 0.01 0.80 BDL 0.03 0.00 0.3m @ 0.8 g/t Au from 180.8m

Notes:

Results criteria for drill results composites is lead (Pb) ≥ 0.5%, and / or zinc (Zn) ≥ 0.5%, and / or copper (Cu) ≥ 0.5%, and / or gold (Au) ≥ 0.1 g/t. No minimum thickness.

Grey shaded cells - Selected Highlights (assays mentioned in text, labelled on maps). g/t = Grams per Tonne NA = Not Assayed BLD = Below Detection Limit.

==> picture [166 x 24] intentionally omitted <==

==> picture [105 x 30] intentionally omitted <==

16

==> picture [595 x 18] intentionally omitted <==

Table 3: Summary of Historic Drill Hole Collars at the Anabama Project.

Hole ID Company Reference
Source		 Hole
Type		 Easting Northing RL
(mAHD)		 Dip Azimuth Total
Depth
(m)
ARAB09021 Diatreme Resources Ltd 21 P 433650 6372255 211 -90 0 63
ARAB09026 Diatreme Resources Ltd 21 P 441703 6375783 178 -90 0 120
ARAB09027 Diatreme Resources Ltd 21 P 433439 6371963 209 -90 0 102
ARAB09028 Diatreme Resources Ltd 21 P 433395 6372067 210 -90 0 39
ARAB09028B Diatreme Resources Ltd 21 P 433392 6372073 210 -90 0 102
ARAB09029 Diatreme Resources Ltd 21 P 433514 6372044 211 -90 0 93
ARAB09030 Diatreme Resources Ltd 21 P 433488 6372107 211 -90 0 99
ARAB09031 Diatreme Resources Ltd 21 P 433587 6372127 211 -90 0 96
ARAB09032 Diatreme Resources Ltd 21 P 433611 6372077 211 -68 158 60
ARAB09035 Diatreme Resources Ltd 21 P 433666 6372202 211 -90 0 99
ARAB09036 Diatreme Resources Ltd 21 P 433642 6372241 211 -90 0 114
ARAB09037 Diatreme Resources Ltd 21 P 433766 6372217 211 -90 0 90
ARAB09038 Diatreme Resources Ltd 21 P 433739 6372272 211 -90 0 89
ARAB09039 Diatreme Resources Ltd 21 P 433845 6372279 210 -90 0 102
ARAB09040 Diatreme Resources Ltd 21 P 434001 6372435 208 -90 0 120
ARAB09041 Diatreme Resources Ltd 21 P 434001 6372266 208 -68 158 81
ARAB09042 Diatreme Resources Ltd 21 P 434091 6372220 207 -67 158 60
ARAB09071 Diatreme Resources Ltd 21 RAB 432538 6371258 201 -90 0 13
ARC0401 Diatreme Resources Ltd 21 RC 433717 6372336 211 -90 0 288
ARC0404 Diatreme Resources Ltd 21 RC 433461 6372164 211 -90 0 288
CRD10 Carpentaria Exploration Co Pty Ltd. 22 P 433627 6372298 211 -55 144 174
CRD11 Carpentaria Exploration Co Pty Ltd. 22 P 439801 6369417 167 -60 293 174
CRD12 Carpentaria Exploration Co Pty Ltd. 22 P 439736 6369442 168 -60 293 134
CRD14 Carpentaria Exploration Co Pty Ltd. 22 P 439963 6369711 167 -60 158 206
CRD3 Carpentaria Exploration Co Pty Ltd. 22 P 432684 6371422 202 -60 144 150
CRD6 Carpentaria Exploration Co Pty Ltd. 22 P 432617 6371511 204 -61 144 206
CRD7 Carpentaria Exploration Co Pty Ltd. 22 P 433379 6372098 208 -55 144 158
CRD8 Carpentaria Exploration Co Pty Ltd. 22 P 433433 6372026 207 -55 144 180
CRD9 Carpentaria Exploration Co Pty Ltd. 22 P 433716 6372178 204 -54 144 118
LD12 Placer Exploration Ltd. 23 RC 433638 6372259 211 -55 158 119
LD13 Placer Exploration Ltd. 23 RC 433657 6372213 211 -55 158 112
LD14 Placer Exploration Ltd. 23 RC 433677 6372167 211 -55 158 100
LD15 Placer Exploration Ltd. 23 RC 433696 6372120 211 -55 158 119
LD16 Placer Exploration Ltd. 23 RC 433027 6371644 204 -60 158 140
LD17 Placer Exploration Ltd. 23 RC 433000 6371709 205 -60 158 119
LD18 Placer Exploration Ltd. 23 RC 432354 6371139 200 -60 158 119
LD20 Placer Exploration Ltd. 23 RC 433789 6372419 210 -60 158 150
LD21 Placer Exploration Ltd. 23 RC 433816 6372354 210 -60 158 150
LD22 Placer Exploration Ltd. 23 RC 433842 6372289 210 -60 158 144
LD23 Placer Exploration Ltd. 23 RC 433869 6372224 210 -60 158 150
LD24 Placer Exploration Ltd. 23 RC 433896 6372160 209 -60 158 150
LD26 Placer Exploration Ltd. 23 RC 432914 6371397 203 -60 158 120
LD27 Placer Exploration Ltd. 23 RC 432900 6371450 203 -60 158 120
LD28 Placer Exploration Ltd. 23 RC 432877 6371507 203 -60 158 120
LD29 Placer Exploration Ltd. 23 RC 432855 6371562 204 -60 158 132
LD30 Placer Exploration Ltd. 23 RC 432821 6371619 204 -60 158 120
LD31 Placer Exploration Ltd. 23 RC 432798 6371674 205 -60 158 120
LD33 Placer Exploration Ltd. 23 RC 432635 6371580 205 -60 158 120
LD34 Placer Exploration Ltd. 23 RC 432639 6371522 204 -60 158 120
LD35 Placer Exploration Ltd. 23 RC 432665 6371467 204 -60 158 120
LD36 Placer Exploration Ltd. 23 RC 432707 6371414 203 -60 158 120
LD38 Placer Exploration Ltd. 23 RC 432755 6371304 201 -60 158 120
LD39 Placer Exploration Ltd. 23 RC 439666 6369217 177 -60 299 120
LD40 Placer Exploration Ltd. 23 RC 439720 6369186 178 -60 299 120
LD41 Placer Exploration Ltd. 23 RC 439775 6369156 180 -60 299 120
LD42 Placer Exploration Ltd. 23 RC 439828 6369130 180 -60 299 120
LD43 Placer Exploration Ltd. 23 RC 439861 6369108 179 -60 299 120
LD44 Placer Exploration Ltd. 23 RC 439616 6369243 176 -60 299 70
LD48 Placer Exploration Ltd. 23 RC 439754 6369394 179 -60 299 70
LD49 Placer Exploration Ltd. 23 RC 439640 6369451 178 -60 299 95
LD51 Placer Exploration Ltd. 23 RC 439995 6369494 176 -60 299 100
LD53 Placer Exploration Ltd. 23 RC 433518 6372026 211 -60 158 70
LD54 Placer Exploration Ltd. 23 RC 433503 6372062 211 -60 158 74
17

17

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LD56 Placer Exploration Ltd. 23 RC 433473 6372136 211 -60 158 76
LD57 Placer Exploration Ltd. 23 RC 433608 6372320 211 -65 158 311
LD60 Placer Exploration Ltd. 23 RC 433572 6371896 210 -60 158 112
LD62 Placer Exploration Ltd. 23 RC 433534 6371989 210 -60 158 110
LD63 Placer Exploration Ltd. 23 RC 433770 6372465 210 -60 158 112
LDD001 Placer Exploration Ltd. 23 RCD 433619 6372305 207 -55 158 87
RC95AB1 Placer Exploration Ltd. 24 RC 433285 6371805 207 -60 158 60
RC95AB12 Placer Exploration Ltd. 24 RC 433761 6372223 211 -60 158 63
RC95AB13 Placer Exploration Ltd. 24 RC 433742 6372269 211 -60 158 60
RC95AB14 Placer Exploration Ltd. 24 RC 433723 6372316 211 -60 158 60
RC95AB15 Placer Exploration Ltd. 24 RC 434077 6372245 207 -60 158 60
RC95AB16 Placer Exploration Ltd. 24 RC 434020 6372384 201 -60 158 60
RC95AB17 Placer Exploration Ltd. 24 RC 434000 6372430 208 -60 158 60
RC95AB2 Placer Exploration Ltd. 24 RC 433264 6371852 207 -60 158 60
RC95AB3 Placer Exploration Ltd. 24 RC 433246 6371900 207 -60 158 60
RC95AB4 Placer Exploration Ltd. 24 RC 433226 6371948 207 -60 158 60
RC95AB6 Placer Exploration Ltd. 24 RC 433441 6371950 207 -60 158 60
RC95AB7 Placer Exploration Ltd. 24 RC 433403 6372043 210 -60 158 60
RC95AB8 Placer Exploration Ltd. 24 RC 433596 6372101 205 -60 158 60
RC95AB9 Placer Exploration Ltd. 24 RC 433576 6372147 211 -60 158 60
RC95WR2 Placer Exploration Ltd. 24 RC 439662 6369098 177 -60 299 60
WR2 Carpentaria Exploration Co Pty Ltd. 25 RC 439970 6369692 176 -65 158 80

Notes:

Co-ordinates are in GDA94 Zone 54. Hole Types - DD (Diamond Drillhole), RCD (RC top, Diamond tail), RC (Reverse Circulation), P (Percussion), RAB (Rotary Air Blast).

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18

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Table 4: Summary of Significant Drill Hole Assay Intersections at the Anabama Project.

Hole ID From (m) To (m) Width Cu % Au g/t Intercept
ARAB09021 12 19.5 7.5 0.64 0.09 7.5m @ 0.64% Cu, 0.09 g/t Au from 12m
ARAB09021 27 30 3 0.54 0.07 3m @ 0.54% Cu, 0.07 g/t Au from 27m
ARAB09021 34.5 39 4.5 0.49 0.11 4.5m @ 0.49% Cu, 0.11 g/t Au from 34.5m
ARAB09021 45 54 9 0.53 0.09 9m @ 0.53% Cu, 0.09 g/t Au from 45m
ARAB09026 12 15 3 0.00 0.12 3m @ 0.12 g/t Au from 12m
ARAB09026 30 33 3 0.00 0.10 3m @ 0.1 g/t Au from 30m
ARAB09027 87 93 6 0.18 0.55 6m @ 0.55 g/t Au from 87m
ARAB09028 3 6 3 0.20 0.10 3m @ 0.1 g/t Au from 3m
ARAB09028 9 18 9 0.52 1.76 9m @ 0.52% Cu, 1.76 g/t Au from 9m
ARAB09028 24 39 15 0.42 0.13 15m @ 0.13 g/t Au from 24m
ARAB09028B 6 15 9 0.22 0.09 9m @ 0.09 g/t Au from 6m
ARAB09028B 21 48 27 0.67 0.10 27m @ 0.67% Cu, 0.1 g/t Au from 21m
ARAB09028B 84 90 6 0.68 0.07 6m @ 0.68% Cu, 0.07 g/t Au from 84m
ARAB09028B 96 99 3 0.05 0.49 3m @ 0.49 g/t Au from 96m
ARAB09029 18 90 72 0.90 0.22 72m @ 0.9% Cu, 0.22 g/t Au from 18m
Including 42 75 33 1.06 0.29 33m @ 1.06% Cu, 0.29 g/t Au from 42m
ARAB09030 30 33 3 0.88 0.10 3m @ 0.88% Cu, 0.1 g/t Au from 30m
ARAB09031 6 9 3 0.10 0.34 3m @ 0.1% Cu, 0.34 g/t Au from 6m
ARAB09031 24 36 12 0.70 0.07 12m @ 0.7% Cu, 0.07 g/t Au from 24m
ARAB09031 51 84 33 0.83 0.21 33m @ 0.83% Cu, 0.21 g/t Au from 51m
ARAB09032 45 48 3 0.03 1.14 3m @ 1.14 g/t Au from 45m
ARAB09035 6 15 9 0.42 0.20 9m @ 0.42% Cu, 0.2 g/t Au from 6m
ARAB09035 57 63 6 0.76 0.00 6m @ 0.76% Cu from 57m
ARAB09035 75 81 6 0.67 0.06 6m @ 0.67% Cu, 0.06 g/t Au from 75m
ARAB09036 3 12 9 0.71 0.01 9m @ 0.71% Cu from 3m
ARAB09036 39 57 18 0.64 0.08 18m @ 0.64% Cu, 0.08 g/t Au from 39m
ARAB09036 90 96 6 0.59 0.06 6m @ 0.59% Cu from 90m
ARAB09037 12 75 63 0.61 0.06 63m @ 0.61% Cu from 12m
ARAB09038 9 12 3 0.22 0.10 3m @ 0.1 g/t Au from 9m
ARAB09038 54 78 24 0.51 0.06 24m @ 0.51% Cu, 0.06 g/t Au from 54m
ARAB09038 84 87 3 0.36 0.11 3m @ 0.11 g/t Au from 84m
ARAB09039 9 24 15 0.51 0.52 15m @ 0.51% Cu, 0.52 g/t Au from 9m
ARAB09039 42 60 18 0.57 0.09 18m @ 0.57% Cu, 0.09 g/t Au from 42m
ARAB09039 72 84 12 0.70 0.09 12m @ 0.7% Cu from 72m
ARAB09040 15 18 3 0.07 0.31 3m @ 0.31 g/t Au from 15m
ARAB09041 39 45 6 0.15 0.11 [email protected]/t Au from 39m
ARAB09041 51 54 3 0.12 0.10 3m @ 0.1 g/t Au from 51m
ARAB09042 36 42 6 0.00 0.10 6m @ 0.1 g/t Au from 36m
ARAB09071 12 13 1 0.65 0.01 1m @ 0.65% Cu from 12m
ARC0401 8 48 40 0.58 0.13 40m @ 0.13 g/t Au from 8m
ARC0401 155 156 1 0.83 0.00 1m @ 0.83% Cu from 155m
ARC0401 201 236 35 0.66 NA 35m @ 0.66% Cu from 201m
Including 208 212 4 0.93 0.61 4m @ 0.93% Cu, 0.61 g/t Au from 208m
ARC0404 67 68 1 0.93 NA 1m @ 0.93% Cu from 67m
ARC0404 87 88 1 0.70 NA 1m @ 0.7% Cu from 87m
ARC0404 142 145 3 0.68 NA 3m @ 0.68% Cu from 142m
ARC0404 165 184 19 0.66 NA 19m @ 0.66% Cu from 165m
ARC0404 247 248 1 0.64 NA 1m @ 0.64% Cu from 247m
CRD10 48 172 124 0.62 NA 124m @ 0.62% Cu from 48m
Including 86 98 12 1.89 NA 12m @ 1.89% Cu from 86m
CRD11 94 100 6 1.53 NA 6m @ 1.53% Cu from 94m
CRD11 120 124 4 0.57 NA 4m @ 0.57% Cu from 120m
CRD12 72 74 2 0.80 NA 2m @ 0.8% Cu from 72m
CRD12 84 86 2 0.50 NA 2m @ 0.5% Cu from 84m
CRD12 92 96 4 0.86 NA 4m @ 0.86% Cu from 92m
CRD14 120 122 2 1.75 NA 2m @ 1.75% Cu from 120m
CRD3 108 112 4 1.33 NA 4m @ 1.33% Cu from 108m
CRD6 2 4 2 0.55 NA 2m @ 0.55% Cu from 2m
CRD7 34 36 2 0.55 NA 2m @ 0.55% Cu from 34m
CRD7 44 84 40 0.50 NA 40m @ 0.5% Cu from 44m
CRD7 106 108 2 0.55 NA 2m @ 0.55% Cu from 106m
CRD8 34 36 2 0.67 NA 2m @ 0.67% Cu from 34m
CRD8 48 50 2 1.85 NA 2m @ 1.85% Cu from 48m
CRD8 80 90 10 0.84 NA 10m @ 0.84% Cu from 80m
CRD8 100 102 2 0.50 NA 2m @ 0.5% Cu from 100m

19

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CRD8 108 110 2 0.60 NA 2m @ 0.6% Cu from 108m
CRD9 8 10 2 0.58 NA 2m @ 0.58% Cu from 8m
CRD9 24 30 6 0.63 NA 6m @ 0.63% Cu from 24m
LD12 16 40 24 0.58 0.08 24m @ 0.58% Cu, 0.1 g/t Au from 16m
LD12 64 66 2 0.11 0.40 2m @ 0.4 g/t Au from 64m
LD12 114 119 5 0.56 0.01 5m @ 0.56% Cu from 114m
LD13 8 20 12 0.67 0.57 12m @ 0.67% Cu, 0.6 g/t Au from 8m
including 16 20 4 1.58 0.05 4m @ 1.58% Cu from 16m
LD13 24 26 2 0.30 1.15 2m @ 1.2 g/t Au from 24m
LD13 38 42 4 0.33 1.93 4m @ 1.9 g/t Au from 38m
LD13 52 72 20 0.54 0.10 20m @ 0.54% Cu, 0.1 g/t Au from 52m
LD14 22 40 18 0.41 0.51 18m @ 0.5 g/t Au from 22m
LD15 104 106 2 0.46 0.14 2m @ 0.1 g/t Au from 104m
LD16 34 40 6 0.16 0.16 6m @ 0.16 g/t Au from 34m
LD16 54 58 4 0.50 0.87 4m @ 0.5% Cu, 0.9 g/t Au from 54m
LD17 26 28 2 0.06 0.29 2m @ 0.29 g/t Au from 26m
LD17 58 60 2 0.04 0.16 2m @ 0.16 g/t Au from 58m
LD18 80 82 2 0.09 0.16 2m @ 0.2 g/t Au from 80m
LD20 54 62 8 0.22 0.16 8m @ 0.2 g/t Au from 54m
LD21 8 9 1 0.19 0.15 1m @ 0.2 g/t Au from 8m
LD21 15 21 6 0.52 0.07 6m @ 0.52% Cu, 0.1 g/t Au from 15m
LD21 28 30 2 0.31 0.14 2m @ 0.1 g/t Au from 28m
LD21 90 93 3 0.66 0.01 3m @ 0.66% Cu from 90m
LD21 122 130 8 0.37 0.10 8m @ 0.1 g/t Au from 122m
LD21 136 138 2 0.34 0.15 2m @ 0.2 g/t Au from 136m
LD21 147 149 2 0.76 0.05 2m @ 0.76% Cu from 147m
LD22 0 2 2 0.06 0.22 [email protected]/t Au from 0m
LD22 10 12 2 0.42 1.04 2m @ 1 g/t Au from 10m
LD22 12 18 6 0.60 0.05 6m @ 0.6% Cu from 12m
LD22 18 24 6 0.23 0.35 6m @ 0.3 g/t Au from 18m
LD22 32 36 4 0.53 0.16 4m @ 0.2 g/t Au from 32m
LD22 54 56 2 0.26 0.19 2m @ 0.2 g/t Au from 54m
LD23 28 30 2 0.28 0.14 2m @ 0.1 g/t Au from 28m
LD24 42 44 2 0.56 BLD 2m @ 0.56% Cu from 42m
LD24 44 54 10 0.33 0.37 10m @ 0.4 g/t Au from 44m
LD24 116 118 2 0.39 0.13 2m @ 0.1 g/t Au from 116m
LD26 64 66 2 0.01 0.10 2m @ 0.1 g/t Au from 64m
LD26 72 74 2 0.03 0.14 2m @ 0.1/t Au from 72m
LD27 50 56 6 0.35 0.17 6m @ 0.2 g/t Au from 50m
LD27 62 64 2 0.06 0.17 2m @ 0.2 g/t Au from 62m
LD27 74 76 2 0.06 0.24 2m @ 0.2 g/t Au from 74m
LD28 102 104 2 0.09 0.10 2m @ 0.1 g/t Au from 102m
LD29 16 20 4 0.15 0.26 4m @ 0.3 g/t Au from 16m
LD29 50 52 2 0.11 0.19 2m @ 0.2 g/t Au from 50m
LD30 16 18 2 0.02 0.17 2m @ 0.2 g/t Au from 16m
LD30 90 92 2 1.26 0.07 2m @ 1.26% Cu, 0.1 g/t Au from 90m
LD31 14 16 2 0.31 1.10 2m @ 1.1 g/t Au from 14m
LD31 34 36 2 0.12 0.20 2m @ 0.2 g/t Au from 34m
LD33 4 6 2 0.05 0.13 2m @ 0.1 g/t Au from 4m
LD33 44 46 2 0.97 0.33 2m @ 0.97% Cu, 0.3 g/t Au from 44m
LD34 84 86 2 0.02 0.56 2m @ 0.6 g/t Au from 84m
LD35 66 68 2 0.00 0.64 2m @ 0.64 g/t Au from 66m
LD36 76 78 2 0.51 0.04 2m @ 0.51% Cu from 76m
LD38 24 26 2 0.44 0.56 2m @ 0.6 g/t Au from 24m
LD38 118 120 2 0.00 0.17 2m @ 0.2 g/t Au from 118m
LD39 39 52 13 0.07 0.65 13m @ 0.65 g/t Au from 39m
LD39 58 66 8 0.06 0.21 8m @ 0.21 g/t Au from 58m
LD40 4 6 2 0.16 0.27 2m @ 0.27 g/t Au from 4m
LD41 1 14 13 0.96 0.02 13m @ 0.96% Cu from 1m
LD41 84 86 2 0.02 0.11 2m @ 0.11 g/t Au from 84m
LD42 66 68 2 0.51 0.01 2m @ 0.51% Cu from 66m
LD43 14 16 2 0.51 BLD 2m @ 0.51% Cu from 14m
LD43 84 86 2 0.01 0.21 2m @ 0.21 g/t Au from 84m
LD44 42 51 9 0.14 0.36 9m @ 0.36 g/t Au from 42m
LD48 14 22 8 0.06 0.10 8m @ 0.1 g/t Au from 14m
LD48 30 32 2 0.01 0.17 2m @ 0.17 g/t Au from 30m
LD49 92 94 2 BLD 0.12 2m @ 0.12 g/t Au from 92m

20

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LD51 34 38 4 0.01 0.17 4m @ 0.17 g/t Au from 34m
LD53 24 49 25 0.68 0.38 25m @ 0.68% Cu, 0.4 g/t Au from 24m
LD54 28 74 46 0.54 0.06 46m @ 0.54% Cu, 0.1 g/t Au from 28m
LD56 66 68 2 0.17 0.13 2m @ 0.1 g/t Au from 66m
LD56 74 76 2 0.19 0.16 2m @ 0.2 g/t Au from 74m
LD57 108 110 2 0.22 0.11 2m @ 0.1 g/t Au from 108m
LD57 114 116 2 0.45 0.11 2m @ 0.1 g/t Au from 114m
LD57 123 127 4 0.56 0.08 4m @ 0.56% Cu, 0.1 g/t Au from 123m
LD57 135 154 19 0.79 0.08 19m @ 0.79% Cu, 0.1 g/t Au from 135m
LD57 190 194 4 0.73 0.06 4m @ 0.73% Cu, 0.1 g/t Au from 190m
LD57 198 202 4 0.46 0.09 4m @ 0.1 g/t Au from 198m
LD57 206 213 7 0.44 0.12 7m @ 0.1 g/t Au from 206m
LD57 218 223 5 0.95 0.08 5m @ 0.95% Cu, 0.1 g/t Au from 218m
LD57 235 236 1 0.75 0.08 1m @ 0.75% Cu, 0.1 g/t Au from 235m
LD57 248 250 2 0.76 0.02 2m @ 0.76% Cu from 248m
LD60 36 38 2 0.00 0.15 2m @ 0.15 g/t Au from 36m
LD62 80 82 2 0.06 0.66 2m @ 0.66 g/t Au from 80m
LD62 108 110 2 0.00 0.15 2m @ 0.15 g/t Au from 108m
LD63 6 10 4 0.13 0.35 4m @ 0.35 g/t Au from 6m
LDD001 76 78 2 0.52 BLD 2m @ 0.52% Cu from 76m
RC95AB1 10 12 2 0.77 0.06 2m @ 0.77% Cu, 0.1 g/t Au from 10m
RC95AB1 58 60 2 0.95 0.28 2m @ 0.95% Cu, 0.3 g/t Au from 58m
RC95AB12 2 52 50 0.69 0.04 50m @ 0.69% Cu from 2m
including 10 14 4 1.32 BLD 4m @ 1.32% Cu from 10m
RC95AB13 6 34 28 0.96 0.06 28m @ 0.96% Cu, 0.1 g/t Au from 6m
RC95AB13 36 38 2 0.22 0.30 2m @ 0.3 g/t Au from 36m
RC95AB14 22 24 2 0.05 0.29 [email protected]/t Au from 22m
RC95AB14 38 60 22 0.67 0.15 22m @ 0.67% Cu, 0.2 g/t Au from 38m
RC95AB15 12 38 26 0.84 0.05 26m @ 0.84% Cu from 12m
RC95AB16 12 14 2 0.52 0.06 2m @ 0.52% Cu, 0.1 g/t Au from 12m
RC95AB17 14 18 4 0.46 0.24 4m @ 0.24 g/t Au from 14m
RC95AB17 28 30 2 0.52 BLD 2m @ 0.52% Cu from 28m
RC95AB2 54 56 2 0.54 0.03 2m @ 0.54% Cu from 54m
RC95AB3 28 32 4 0.12 0.20 4m @ 0.2 g/t Au from 28m
RC95AB3 38 40 2 0.66 BLD 2m @ 0.66% Cu from 38m
RC95AB3 40 42 2 0.23 0.11 2m @ 0.11 g/t Au from 40m
RC95AB4 46 50 4 0.16 0.20 4m @ 0.2 g/t Au from 46m
RC95AB6 24 34 10 0.58 0.01 10m @ 0.58% Cu from 24m
RC95AB7 8 10 2 0.50 BLD 2m @ 0.5% Cu from 8m
RC95AB7 50 52 2 0.56 BLD 2m @ 0.56% Cu from 50m
RC95AB7 56 58 2 0.04 0.10 2m @ 0.1 g/t Au from 56m
RC95AB8 6 14 8 0.58 BLD 8m @ 0.58% Cu from 6m
RC95AB8 30 32 2 0.57 BLD 2m @ 0.57% Cu from 30m
RC95AB9 14 22 8 0.69 BLD 8m @ 0.69% Cu from 14m
RC95AB9 22 24 2 0.28 0.47 2m @ 0.47 g/t Au from 22m
RC95AB9 36 52 16 0.65 0.36 16m @ 0.65% Cu, 0.4 g/t Au from 36m
RC95WR2 44 46 2 0.51 NA 2m @ 0.51% Cu from 44m
RC95WR2 48 50 2 0.53 BDL 2m @ 0.53% Cu from 48m
WR2 20 22 2 0.70 NA 2m @ 0.7% Cu from 20m
WR2 34 38 4 0.64 NA 4m @ 0.64% Cu from 34m

Notes:

Results criteria for drill results composites is gold (Au) ≥ 0.1 g/t and / or copper (Cu) ≥ 0.5%. No minimum thickness. Grey shaded cells - Selected Highlights (assays mentioned in text, labelled on maps). g/t = Grams per Tonne NA = Not Assayed BLD = Below Detection Limit.

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21

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Table 5: References To Previous Explorers’ Drill Results.

Reference
Source		 Company Year Report Reference
(Geological Survey
Number)		 Link to Source
1 Teck Australia Pty Ltd 2011 Digs Report RE0001244 https://search.geoscience.nsw.gov.au/report/RE0001244
2 Teck Australia Pty Ltd 2012 Digs Report RE0002791 https://search.geoscience.nsw.gov.au/report/RE0002791
3 Broken Hill South Ltd 1974 Digs Report R00023185 https://search.geoscience.nsw.gov.au/report/R00023185
4 Platsearch NL 1996 Digs Report R00002335 https://search.geoscience.nsw.gov.au/report/R00002335
5 Platsearch NL 1996 Digs Report R00002639 https://search.geoscience.nsw.gov.au/report/R00002639
6 Platsearch NL 1997 Digs Report R00020973 https://search.geoscience.nsw.gov.au/report/R00020973
7 Platsearch NL 2003 Digs Report R00047909 https://search.geoscience.nsw.gov.au/report/R00047909
8 Platsearch NL 2004 Digs Report R00029651 https://search.geoscience.nsw.gov.au/report/R00029651
9 Platsearch NL 2007 Digs Report R00041710 https://search.geoscience.nsw.gov.au/report/R00041710
10 Teck Cominco Australia
Pty Ltd		 2008 Digs Report R00079594 https://search.geoscience.nsw.gov.au/report/R00079594
11 Teck Cominco Australia
Pty Ltd		 2009 Digs Report R00037719 https://search.geoscience.nsw.gov.au/report/R00037719
12 Mt Isa Mines Ltd 1986 Digs Report R00008820 https://search.geoscience.nsw.gov.au/report/R00008820
13 Platsearch NL 1999 Digs Report R00042163 https://search.geoscience.nsw.gov.au/report/R00042163
14 Platsearch NL 2000 Digs Report R00019447 https://search.geoscience.nsw.gov.au/report/R00019447
15 CRA Exploration Pty Ltd 1985 Digs Report R00014362 https://search.geoscience.nsw.gov.au/report/R00014362
16 CRA Exploration Pty Ltd 1985 Digs Report R00014363 https://search.geoscience.nsw.gov.au/report/R00014363
17 CRA Exploration Pty Ltd 1987 Digs Report R00005506 https://search.geoscience.nsw.gov.au/report/R00005506
18 CRA Exploration Pty Ltd 1986 Digs Report R00005531 https://search.geoscience.nsw.gov.au/report/R00005531
19 CRA Exploration Pty Ltd 1987 Digs Report R00005532 https://search.geoscience.nsw.gov.au/report/R00005532
20 CRA Exploration Pty Ltd 1988 Digs Report R00008197 https://search.geoscience.nsw.gov.au/report/R00008197
21 Diatreme Resources Ltd 2008 SARIG report ENV11880 https://mer-env.s3.amazonaws.com/ENV11880.pdf
22 Carpentaria Exploration
Co. Pty Ltd		 1979-1984 SARIG report ENV03608 https://mer-env.s3.amazonaws.com/ENV03608.pdf
23 Placer Exploration Ltd. 1988-1993 SARIG report ENV08011 https://mer-env.s3.amazonaws.com/ENV08011.pdf
24 Placer Exploration Ltd. 1993-1997 SARIG report ENV08787 https://mer-env.s3.amazonaws.com/ENV08787.pdf
25 Carpentaria Exploration
Co. Pty Ltd		 1973-1979 SARIG report ENV03018 https://mer-env.s3.amazonaws.com/ENV03018.pdf

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22

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JORC Code, 2012 Edition – Table 1 Report 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.		 All sampling and results reported in this announcement are from
previous explorers and are from RC, percussion, RAB or diamond
drilling.
Information regarding drilling data has been taken from original reports
as per Table 5 “References To Previous Explorers Drill Results”
included in the body of this release.
Drilling was completed between 1973 and 2012.
The majority of samples came from diamond core. Sample weight,
quality, collection method and condition were generally logged at the
time of collection and mostly reported with the available data. It is
assumed samples were dispatched using industry standard chain of
custody documents to track samples.
Sample methods and sampling intervals / composites varied by
company. Standard industry sampling and lab techniques were used.
Anomalous composite results were often followed up and some
companies did some QAQC re-assaying.
Drilling
techniques		 • Drill type (eg core, reverse circulation, open-hole hammer,
rotary air blast, auger, 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).		 No recent drilling is reported in this announcement. None of the drilling
was completed by Red Hill Minerals and it is being reported with the
intention of highlighting the prospectivity of the project area from
previous exploration work.
Historical drilling varied from RC, percussion, RAB to diamond drilling.
Bit sizes varied by company but generally included HQ and NQ
diamond holes.
Information regarding drilling data has been taken from original reports
as per Table 5 “References To Previous Explorers Drill Results”
included in the body of this release.
Drill sample
recovery		 • Method of recording and assessing core and chip sample
recoveries and results assessed.
• Measures are taken to maximise sample recovery and
ensure the 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.		 Logging contained information related to sampling and varied by
company.
Diamond core recovery was recorded however sample recovery for
RAB, RC and percussion was rarely recorded in historic data.
Standard industry practise notes cavities or intervals with unusual
sample return.
Given the historic nature and early stage of the drillholes it is not
possible to provide any details in relation to sample recovery and grade.
Logging • Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to support
appropriate Mineral Resource estimation, mining studies
and metallurgical studies.
• Whether logging is qualitative or quantitative in nature.
Core (or costean, channel, etc) photography.
• The total length and percentage of the relevant
intersections logged.		 Chip samples and / or diamond core were geologically logged for the
entire length of the drillhole.
Logging is both qualitative and semi-quantitative in nature.
Logging templates and logging codes varied by company.
No Mineral Resource estimate is being reported.
Geological logging data is available in the original reports as per
Table 5 “References To Previous Explorers Drill Results” included in
the body of this release.
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 the 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.		 Samples were generally collected in pre-labelled calico bags (diamond
core was generally split/cut onsite). Generally half core was taken.
Some of the diamond holes are available in the New South Wales
Broken Hill or Londonderry and / or South Australia Reference Drill Core
Libraries.
In some cases composite samples were collected initially for analysis,
and significant zones (varied by company) were resampled using the
original samples.
Most companies stored samples on site prior to being transported to the
23

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Criteria JORC Code explanation Commentary
• Whether sample sizes are appropriate to the grain size of
the material being sampled.		 laboratory. Wet samples were allowed to dry before being processed.
The majority of samples being reported were from diamond holes and
were being collected for first pass exploration purposes.
Samples were sorted, dried and weighed at the laboratory where they
were then crushed and riffle split to obtain a sub-fraction for
pulverisation.
Field duplicates were collected and certified reference material data
was submitted with drill samples by some companies. The frequency
of this varied by each of the previous explorers but generally followed
industry best practise.
Quality of assay
data and
laboratory tests		 • The nature, quality and appropriateness of the assaying
and laboratory procedures used and whether the
technique is considered partial or total.
• For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining the
analysis including instrument make and model, reading
times, calibrations factors applied and their derivation, etc.
• Nature of quality control procedures adopted (eg
standards, blanks, duplicates, external laboratory checks)
and whether acceptable levels of accuracy (ie lack of bias)
and precision have been established.		 Historical analyses reported are not all defined. Where defined the
methods listed are:
Amdel Labs (IC2E, IC3E, AA7, AA9, IC4, FA1, FA3), A.C.S.
Laboratories (AAS), ALS (Au-AA22, Cu-OG62, F-ELE81a, F-ELE82,
ME-MS61r, ME-XRF12, OA-GRA05t, Pb-OG62, S-OG62, Zn-OG62),
Classic Comlabs (AAS, XRF) and Resource Development Labs (Aqua
Regia/CFA, ICP, AAS).
Digestion methods are not specified in available data.
Laboratory QAQC data is unknown however major laboratories were
used so it is assumed best practise was met.
Field duplicates were collected and certified reference material data
was submitted with drill samples by some companies. The frequency
of this varied by each of the previous explorers but generally followed
industry best practise.
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 adjustments to assay data.		 Some verification of significant intersections and sampling/assaying
has occurred with the re-assaying of some intervals by subsequent
explorers.
Twinned holes are not required at this early stage.
Depending on the date of work assay data results were generally sent
either physically or electronically in csv and pdf format.
Location of data
points		 • Accuracy and quality of surveys used to locate drill holes
(collar and down-hole surveys), trenches, mine workings
and other locations used in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.		 Only historical drilling is reported in this announcement. A variety of
survey methods and differing levels of accuracy dependant on the
company and the year the drilling occurred.
Some drill pad locations have been verified as they are still visible in
aerial imagery as they have not been rehabilitated.
Where captured downhole surveys were completed using a
gyroscope. These reports and datafiles are provided in the individual
company reports - refer Table 5 “References To Previous Explorers
Drill Results” included in the body of this release.
The Curnamona Project falls within GDA94 Zone 54 for horizontal
data and AHD for vertical data.
No Mineral Resource estimate is being reported.
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.		 Drilling is considered early stage and spacing is variable due to the first
pass assessment of the area and historical results from other explorers
that are being reported.
Sample compositing has not been applied to historic results reported.
RAB, percussion and RC drilling as collected at 2 – 6m intervals
depending on the company and where appropriate.
Drill data spacing and distribution is not sufficient to establish a Mineral
Resource estimate.
Orientation of
data in relation		 • 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		 Due to the early-stage exploratory nature of the drilling and
mineralisation being folded and faulted, and in areas of deep cover, the
orientation of historic drillholes may not be at an optimal intersection
24

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Criteria JORC Code explanation Commentary
to geological
structure		 orientation of key mineralised structures is considered to
have introduced a sampling bias, this should be assessed
and reported if material.		 angle.
Historic drillholes were drilled perpendicular to mineralisation where
possible, otherwise holes were drilled vertical or at varying angles to
determine stratigraphy and mineralisation. Future drilling will be
optimized to intersect the mineralisation at right angles where possible.
Sample security • The measures taken to ensure sample security. Samples were generally kept onsite until taken to transport depot for
dispatch to the lab. Consignment numbers were used by the previous
explorers and the samples delivered directly to an analytical lab.
Audits or
reviews		 • The results of any audits or reviews of sampling
techniques and data.		 No audits or reviews have been completed by Red Hill Minerals on the
historical lab assay and sampling data (for the physical samples
referred to in this announcement).
**Section 2 Reporting of Exploration Results. ** **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 drillholes reported in this announcement are located on Peel Far
West Pty Ltd tenure that Silverton Minerals Pty Ltd, a subsidiary of Red Hill
Minerals Limited, is earning up to 75% in by spending $6.5M within 5 years.
There are no known impediments to operate in the area.
All tenements are in good standing.
Exploration
done by other
parties		 • Acknowledgment and appraisal of exploration by other
parties.		 Broken Hill
Previous explorers over the Broken Hill Project included CRA
Exploration during the 1980s, Platsearch NL during the 1990s and early
2000s and Teck Australia from 2011 until 2019.
Anabama
Previous explorers over the Anabama Project, including Carpentaria
Exploration Co Pty Ltd, Placer Exploration Ltd and Diatreme Resources
Limited, concentrated on the volcanic associated copper(-gold)
mineralisation present at the Anabama and the White Rocks prospects.
Geology • Deposit type, geological setting and style of mineralisation. Broken Hill
The Project area occupies the southeastern portion of the Curnamona
Province,
an
ovoid-shaped
craton
of
Paleoproterozoic
to
Mesoproterozoic rocks of the Willyama Supergroup. The Willyama
Supergroup is informally subdivided into a lower and upper package.
The lower Willyama Supergroup comprises the Curnamona and
Thackaringa Groups and is considered prospective for shear hosted
copper and gold and cobalt mineralisation as well as having iron oxide
copper-gold potential. There is a regionally extensive redox boundary
that separates the upper and lower Willyama Supergroup.
The upper Willyama Supergroup comprises the Saltbush Group,
Broken Hill Group, Sundown Group, Paragon Group and Strathearn
Group. Sedimentary exhalative and other genetically related base metal
mineralisation models are typically formed in fault bounded sedimentary
basins associated with feeder zones and the upper Willyama
Supergroup is considered prospective to host these deposit types.
Stratabound MVT mineralisation occurs with replacement of primarily
carbonate minerals within the youngerAdelaidean sediments.
Anabama
The Anabama Project is located in eastern South Australia about
140km southwest of Broken Hill, NSW, within the Olary Province. The
project contains the bimodal Boucat Volcanics which host the Anabama
and White Rocks historical copper workings and part of the NE-SW
trending Anabama-Redan shear zone, which separates the Boucat
Volcanics from the Umberatana Group sediments. The southern part of
the project is covered by Murray Basin sediments which are considered
prospectiveforaccumulationof heavymineralsands.

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25

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Criteria JORC Code explanation Commentary
Drill hole
Information		 • A summary of all information material to the understanding
of the exploration results including a tabulation of the
following information for all Material drill holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level – elevation above sea
level in metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
• If the exclusion of this information is justified on the basis
that the information is not Material and this exclusion does
not detract from the understanding of the report, the
Competent Person should clearly explain why this is the
case.		 All relevant drill-hole information can be found in the JORC Table
Section 1 – “Sampling techniques”, “Drilling techniques”, “Drill Sample
Recovery” and the drilling collar and significant intercepts Tables 1, 2, 3
and 4 included within the body of this release.
Data
aggregation
methods		 • In reporting Exploration Results, weighting averaging
techniques, maximum and/or minimum grade truncations
(eg cutting of high grades) and cut-off grades are usually
Material and should be stated.
• Where aggregate intercepts incorporate short lengths of
high grade results and longer lengths of low grade results,
the procedure used for such aggregation should be stated
and some typical examples of such aggregations should
be shown in detail.
• The assumptions used for any reporting of metal
equivalent values should be clearly stated.		 Reported intercepts for the targets discussed in this report are based on
the following:
Broken Hill
Results criteria for drill results composites is lead (Pb) ≥ 0.5%, and / or
zinc (Zn) ≥ 0.5%, and / or copper (Cu) ≥ 0.5%, and / or gold (Au) ≥
0.1 g/t. No minimum thickness.
Anabama
Results criteria for drill results composites is gold (Au) ≥ 0.1 g/t and /
or copper (Cu) ≥ 0.5%. No minimum thickness.
No upper cuts have been applied. No metal equivalent values are used.
Intervals are weighted based on their downhole length.
Table 5 “References To Previous Explorers Drill Results” included in the
body of this release provides links to the source information.
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’).		 Quoted mineralised intercepts are downhole lengths, true widths are
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.		 Location maps of reported intercepts and a type section are included in
the report.
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 accompanying document is considered to be a balanced report with
a suitable cautionary note.
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.		 No other material information or data to report.
Further work • The nature and scale of planned further work (eg tests for
lateral extensions or depth extensions or large-scale step-
out drilling).
• Diagrams clearly highlighting the areas of possible
extensions, including the main geological interpretations
and future drilling areas, provided this information is not
commercially sensitive.		 Historical results are being used to assist with planning future work that
may include geophysical surveys, soil sampling, heritage surveys and
drilling to assess new target areas as well as lateral and depth
extensions to these results.

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26

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