PRODIGY GOLD NL — Capital/Financing Update 2016

Dec 19, 2016

ASX ANNOUNCEMENT / MEDIA RELEASE ASX:ABU

20 December 2016

Exploration Update – Grapple Prospect Drill Intersections

ABM Resources NL ("ABM" or the Company) is pleased to provide all drill results for the Grapple Prospect on the Lake Mackay Joint Venture ("JV") being managed by Independence Group ("IGO").

Highlights

• 18 RC hole program completed at EL24915 as part of the reconnaissance drilling program on the Lake Mackay Project
• All results are now available from the Grapple Prospect with anomalous mineralisation intersected in 8 out of 11 holes
• Multiple additional intersections at the Grapple Prospect including 6m at 8.98 g/t gold, 23.5 g/t silver, 1.45% copper, 1.40% zinc, 0.26% lead and 0.15% cobalt
• Downhole EM interpretation suggests the modelled conductor extends to the west

Background

The Lake Mackay Project is located 400km northwest of Alice Springs, adjacent to the Western Australian border, and includes 7,200 square kilometres of exploration licences (Figure 1). The belt is at a very early stage of exploration. The only reported previous exploration was completed by BHP Billiton targeting nickel sulphide mineralisation in the early 2000s. IGO is executing an exploration program as part of an exploration alliance1 with ABM to systematically evaluate the Lake Mackay Project. The Project has consolidated the favourable Proterozoic margin between the Aileron and Warumpi Provinces, characterised by a continent-scale geophysical gravity ridge and the Central Australian Suture. The JV partners believe that there is potential to unlock a new metallogenic province hosting multiple styles of mineralisation.

IGO has previously intersected interpreted VMS style mineralisation at Bumblebee. This target was identified through soil geochemistry and ground EM surveys. Subsequent drilling (ASX 27 July 2016) intersected low grade base metal mineralisation, comprising chalcopyrite, sphalerite and galena. Four of the holes returned a total of five intercepts greater than 1% copper. The intersection of these sulphides along with elevated gold, silver, copper, lead and zinc provides support for the prospectivity of the Lake Mackay Project.

Encouraging drilling intersections were reported (ASX 14 November 2016) from the Grapple Prospect based on the first three holes of the RC drilling program.

Current Lake Mackay RC Drilling Program

An 18 hole reverse circulation (RC) drilling program was completed on EL24915 in November 2016. This included 11 holes at the Grapple Prospect, 3 holes at the Springer Prospect and 4 holes at the Prowl Prospect (Figure 2). Additional holes that were planned at Prowl, were not completed due to the requirement to demobilise the rig before a large weather front hit the area.

1 IGO is earning 70% interest in ABM's Lake Mackay tenements by solely funding $6 million of exploration expenditure (ASX 6 May 2016).

Figure 1: Lake Mackay Project location plan focused on the Proterozoic Warumpi margin covering 200km strike of prospective geology, centred on a continent-scale geophysical gravity ridge. Reconnaissance exploration to date has been focused on EL24915.

Figure 2: Lake Mackay reconnaissance targets on EL24915 with the number of RC holes drilled per prospect in the last program.

Drilling results are now available for all holes completed at the Grapple Prospect. Mineralisation has been confirmed over a strike length of 300m and remains open down dip and along strike to the west and east. Mineralisation is a multiple sulphide assemblage within a metasedimentary package that is in close proximity to low-K tholeiitic amphibolites of the Dufaur suite.

Significant intercepts are summarised in Table 1. Downhole widths are provided. The geometry of the mineralisation is not yet well understood given the preliminary stage of the program however, holes 16GRRC007-16GRRC011 were drilled towards the south and are considered to provide a better representation of the true width. Drill holes 16GRRC001-16GRRC006, were likely drilled oblique to the mineralisation (Figure 4).

Table 1: Summary intercepts from the Lake Mackay RC program reported above a cut-off of 1ppm gold (Au) or 1% copper (Cu) or 1% zinc (Zn) or 1% lead (Pb).

Hole ID	From(m)	To(m)	Interval(m)	Au(ppm)	Ag(ppm)	Cu(%)	Zn(%)	Pb(%)	Bi(%)	Co(%)
16GRRC001	22	24	2	2.32	0.7	0.16	0.13	0.00	0.01	0.09
	26	27	1	1.92	2.3	0.29	0.17	0.01	0.02	0.02
16GRRC003	64	74	10	1.57	50.1	1.05	2.55	1.71	0.06	0.09
	85	94	9	1.81	49.1	3.26	3.63	1.09	0.08	0.26
	95	100	5	1.07	40.9	4.61	4.61	0.67	0.06	0.25
	102	103	1	0.88	21.4	2.87	1.45	0.34	0.05	0.04
	131	132	1	0.94	5.1	1.81	0.06	0.00	0.01	0.02
	151	153	2	2.16	64.5	0.62	2.39	1.56	0.10	0.03
16GRRC005	151	155	4	0.76	32.9	1.14	2.44	0.69	0.04	0.07
	157	158	1	0.86	23.1	1.08	0.98	0.44	0.04	0.04
	165	166	1	1.80	15.9	0.72	1.58	0.30	0.04	0.15
16GRRC007	38	44	6	8.98	23.5	1.45	1.40	0.26	0.07	0.15
including	40	43	3	13.93	30.1	1.29	1.72	0.35	0.11	0.20
	71	75	4	3.77	11.0	1.94	0.50	0.07	0.03	0.04
16GRRC008	22	23	1	1.19	5.1	0.88	0.41	0.43	0.03	0.14
	57	58	1	4.14	9.8	1.14	0.44	0.16	0.05	0.11
16GRRC009	69	70	1	3.02	35.3	3.09	1.48	0.49	0.03	1.71
	71	72	1	2.06	7.2	1.30	0.18	0.05	0.01	0.06
	112	113	1	1.15	27.0	1.35	0.78	0.34	0.03	0.01
	117	119	2	4.51	40.9	1.16	1.51	0.77	0.08	0.16
16GRRC010	116	125	9	5.23	12.8	1.40	0.57	0.23	0.11	0.07
including	116	118	2	14.01	18.5	1.95	0.72	0.32	0.27	0.03
	127	130	3	2.60	72.6	0.24	0.45	2.70	0.09	0.01
including	129	130	1	4.92	147.4	0.10	0.03	5.50	0.18	0.01
16GRRC011	141	142	1	0.85	17.1	3.85	0.22	0.14	0.01	0.06
	144	149	5	0.43	34.1	2.69	3.12	0.85	0.03	0.19
cutoff 1 ppm Au or 1% Cu or 1% Zn or 1% Pb
shaded	previously reported
bold		higher grade zone

* Note: Intervals are downhole. True widths are unknown.

All holes at the Grapple prospect with the exception of 16GRRC005 had downhole electromagnetic (DHEM) surveying completed. This has identified a conductive plate associated with the mineralisation intersected at the Grapple Prospect. The DHEM interpretation suggests 16GRRC011 drilled above the main conductor and that the centre of this conductive body is further to the west.

Figure 3: Grapple Prospect showing the location of the eleven drill holes and the main Au and Cu mineralized zones.

Figure 4: Grapple Prospect 586100E cross section.

The remaining assay results from the Springer and Prowl prospects are expected by the end of December 2016. No massive sulphide mineralisation was identified at either of these prospects. To date IGO is only testing the initial anomalies identified from areas which are effective for soil sampling on 7% of the JV prospective tenure. The success of intersecting mineralisation from the limited

programs completed to date supports the concept generated from continental-scale targeting that the Lake Mackay Project could represent an emerging new metallogenic province.

Matt Briggs Managing Director

About ABM Resources

ABM is an established gold exploration company with a successful track record of discovery in one of Australia's premier gold mining districts. The Company owns gold resources and extensive prospective land holdings in the Central Desert region of the Northern Territory. The new Company leadership is implementing a strategy of aggressive cost management initiatives and is developing a disciplined, tightly focused exploration strategy. Activities are currently focused on the Company's under-explored 36,000 km2 Tanami Project area and includes:

• Drilling of advanced prospects in the Suplejack area
• Systematic evaluation of high potential early stage targets
• Assessment of existing resources and
• Exploring opportunities for joint ventures and divestment of early stage targets

Competent Persons Statement

The information in this announcement relating to exploration results is based on information reviewed and checked by Mr Doug Winzar who is a Member of The Australasian Institute of Geoscience. Mr Doug Winzar is a full time employee of Independence Group (IGO) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the "Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves". Mr Winzar consents to the inclusion in the documents of the matters based on this information in the form and context in which it appears.

Appendix 1:

Table A1: Drill hole details from the Lake Mackay Grapple Prospect

Hole ID	Drill Hole Type	Easting(GDA94 Zone52)	Northing(GDA94 Zone 52)	RL(m)	Azimuth(GDA 94)	Dip(degrees)	Total Depth(m)	Prospect
16GRRC001	RC	586300	7449124	480	360	-60	208	Grapple
16GRRC002	RC	587105	7449145	487	360	-60	196	Grapple
16GRRC003	RC	586098	7449066	483	355	-60	220	Grapple
16GRRC004	RC	587122	7449144	487	360	-70	214	Grapple
16GRRC005	RC	586104	7449037	482	360	-60	181	Grapple
16GRRC006	RC	586501	7449198	484	360	-60	244	Grapple
16GRRC007	RC	586198	7449178	482	181	-60	178	Grapple
16GRRC008	RC	586289	7449167	483	175	-60	130	Grapple
16GRRC009	RC	586196	7449203	482	180	-60	160	Grapple
16GRRC010	RC	586103	7449185	482	180	-60	184	Grapple
16GRRC011	RC	586000	7449176	481	180	-60	214	Grapple

Appendix 2:

	From	To	Interval	Au	Ag	Cu	Zn	Pb	Bi	Co
Hole ID16GRRC001	(m)22	(m)24	(m)2	(ppm)2.32	(ppm)0.7	(%)0.16	(%)0.13	(%)0.00	(%)0.01	(%)0.09
	26	27	1	1.92	2.3	0.29	0.17	0.01	0.02	0.02
16GRRC002						No significant assay
16GRRC003	64	74	10	1.57	50.1	1.05	2.55	1.71	0.06	0.09
	85	94	9	1.81	49.1	3.26	3.63	1.09	0.08	0.26
	95	100	5	1.07	40.9	4.61	4.61	0.67	0.06	0.25
	102	103	1	0.88	21.4	2.87	1.45	0.34	0.05	0.04
	131	132	1	0.94	5.1	1.81	0.06	0.00	0.01	0.02
	151	153	2	2.16	64.5	0.62	2.39	1.56	0.10	0.03
16GRRC004						No significant assay
16GRRC005	151	155	4	0.76	32.9	1.14	2.44	0.69	0.04	0.07
	157	158	1	0.86	23.1	1.08	0.98	0.44	0.04	0.04
	165	166	1	1.80	15.9	0.72	1.58	0.30	0.04	0.15
16GRRC006						No significant assay
16GRRC007	38	44	6	8.98	23.5	1.45	1.40	0.26	0.07	0.15
including	40	43	3	13.93	30.1	1.29	1.72	0.35	0.11	0.20
	71	75	4	3.77	11.0	1.94	0.50	0.07	0.03	0.04
16GRRC008	22	23	1	1.19	5.1	0.88	0.41	0.43	0.03	0.14
	57	58	1	4.14	9.8	1.14	0.44	0.16	0.05	0.11
16GRRC009	69	70	1	3.02	35.3	3.09	1.48	0.49	0.03	1.71
	71	72	1	2.06	7.2	1.30	0.18	0.05	0.01	0.06
	112	113	1	1.15	27.0	1.35	0.78	0.34	0.03	0.01
	117	119	2	4.51	40.9	1.16	1.51	0.77	0.08	0.16
16GRRC010	116	125	9	5.23	12.8	1.40	0.57	0.23	0.11	0.07
including	116	118	2	14.01	18.5	1.95	0.72	0.32	0.27	0.03
	127	130	3	2.60	72.6	0.24	0.45	2.70	0.09	0.01
including	129	130	1	4.92	147.4	0.10	0.03	5.50	0.18	0.01
16GRRC011	141	142	1	0.85	17.1	3.85	0.22	0.14	0.01	0.06
	144	149	5	0.43	34.1	2.69	3.12	0.85	0.03	0.19
cutoff 1 ppm Au or 1% Cu or 1% Zn or 1% Pb
	previously reported

Table A2: Drill hole results from the Lake Mackay Grapple Prospect

Appendix 3: JORC Code, 2012 Edition – Table 1- Lake Mackay Drilling 2016

Section 1 Sampling Techniques and Data

Criteria	JORC Code explanation	Commentary
Sampling techniques	•Nature and quality of sampling (e.g. cut channels,random chips, or specific specialised industrystandard measurement tools appropriate to theminerals under investigation, such as down holegamma sondes, or handheld XRF instruments,etc.). These examples should not be taken aslimiting the broad meaning of sampling.•Include reference to measures taken to ensuresample representivity and the appropriatecalibration of any measurement tools or systemsused.•Aspects of the determination of mineralisation thatare Material to the Public Report.•In cases where 'industry standard' work has beendone this would be relatively simple (e.g. 'reversecirculation drilling was used to obtain 1 m samplesfrom which 3 kg was pulverised to produce a 30 gcharge for fire assay'). In other cases moreexplanation may be required, such as where thereis coarse gold that has inherent samplingproblems. Unusual commodities or mineralisationtypes (e.g. submarine nodules) may warrantdisclosure of detailed information.	•Reverse Circulation (RC) drilling was undertaken inOctober-November 2016.•RC Sampling•One metre RC samples were collected with a scoopand composited to four metres to produce a 3kgsample.•Individual metre samples were also sampled wheregeological logging identified mineralisation.•Samples were dried, pulverised to -75um and split toproduce a nominal 200 gram sub sample.•4 metre composite samples had 10 grams analysedusing aqua-regia digestion with an MS finish for Goldand 32 additional elements.•1 metre samples were analysed for gold using a 25gram Lead collection fire assay with analysis byInductively Coupled Plasma Optical EmissionSpectrometry (ICP-OES)•Multi-element analysis was completed using a fouracid digest on a 0.2g prepared sample with analysisof 33 elements with ICP-OES.
Drilling techniques	•Drill type (e.g. core, reverse circulation, open-holehammer, rotary air blast, auger, Bangka, sonic,etc.) and details (e.g. core diameter, triple orstandard tube, depth of diamond tails, facesampling bit or other type, whether core is orientedand if so, by what method, etc.).	•A Schramm 660W RC drilling rig, owned and operated byProfile Drilling Services was used.•The RC drilling was conducted with a 127mm facesampling hammer bit.
Drill sample recovery	•Method of recording and assessing core and chipsample recoveries and results assessed.•Measures taken to maximise sample recovery andensure representative nature of the samples.•Whether a relationship exists between samplerecovery and grade and whether sample bias mayhave occurred due to preferential loss/gain offine/coarse material.	•The sample recovery was estimated by the relative size ofthe piles of drill spoil that were placed on the ground.•Sample quality was recorded during logging (wet\drysamples) and qualitative recovery codes (C=contaminated,G=good, M=moderate, O=oversize, P=poor, U=undersize)were assigned to the samples.
Logging	•Whether core and chip samples have beengeologically and geotechnically logged to a level ofdetail to support appropriate Mineral Resourceestimation, mining studies and metallurgicalstudies.•Whether logging is qualitative or quantitative innature. Core (or costean, channel, etc.)photography.•The total length and percentage of the relevantintersections logged.	•The RC chips were logged on 1 metre intervals using theIGO coding system. Lithology, weathering, colour,alteration, veining and mineralisation are logged(Qualitative). Magnetic susceptibility was measured foreach 4 metre composite sample (Quantitative). Arepresentative chip sample was collected for each metre.
Sub-sampling techniquesand sample preparation	•If core, whether cut or sawn and whether quarter,half or all core taken.•If non-core, whether riffled, tube sampled, rotarysplit, etc. and whether sampled wet or dry.•For all sample types, the nature, quality andappropriateness of the sample preparationtechnique.•Quality control procedures adopted for all subsampling stages to maximise representivity ofsamples.•Measures taken to ensure that the sampling isrepresentative of the in situ material collected,including for instance results for fieldduplicate/second-half sampling.•Whether sample sizes are appropriate to the grainsize of the material being sampled.	•For RC, One-metre drill samples were laid out on to theground in 25m rows, and four-metre composite samples ofapproximately 3kg were collected using an aluminiumscoop, into pre-numbered calico bags. The majority ofsamples (>99%) were dry.•The same method was used for one-metre samples as well.•Samples were prepared at the Intertek Laboratory in AliceSprings. Samples were dried, and the whole sample wascrushed and pulverised to 85% passing 75µm, and a subsample of approx. 200g retained.•A duplicate field sample was taken at a rate of 1 in 50.•Field duplicate assay results are reviewed to confirm thatthe sample results are representative.•For exploration drilling the sample size is consideredappropriate to give an indication of mineralisation given thatthe sample is crushed to -75µm.

Criteria	JORC Code explanation	Commentary
Quality of assay data andlaboratory tests	•The nature, quality and appropriateness of theassaying and laboratory procedures used andwhether the technique is considered partial ortotal.•For geophysical tools, spectrometers, handheldXRF instruments, etc., the parameters used indetermining the analysis including instrumentmake and model, reading times, calibrationsfactors applied and their derivation, etc.•Nature of quality control procedures adopted (e.g.standards, blanks, duplicates, external laboratorychecks) and whether acceptable levels ofaccuracy (ie lack of bias) and precision have beenestablished.	•For 4 metre composites, aqua regia with an MS finish wasused, this has a detection limit of 1ppb Au. This is a partialdigest that is considered appropriate for detectinganomalous results. Any anomalous samples will be scoopsampled at 1 metre intervals and analysed using 25g fireassay for Au and four-acid digest for base metals. The fireassay is a total digest and the four-acid is considered a"near total" digest.•No geophysical or XRF results are used in explorationresults reported.•Laboratory QAQC involves the use of internal lab standardsand blanks using certified reference materials. Labduplicates are also monitored to ensure the sample resultsare representative.•Independence Group also provides reference samples andblanks that are inserted every 50 samples.
Verification of samplingand assaying	•The verification of significant intersections byeither independent or alternative companypersonnel.•The use of twinned holes.•Documentation of primary data, data entryprocedures, data verification, data storage(physical and electronic) protocols.•Discuss any adjustment to assay data.	•Significant intersections were identified in the field by DougWinzar and were selected for 1 metre sampling.•No twinned holes were completed.•Primary data was collected in Field Marshall files. Data areimported directly to the database with importers that havebuilt in validation rules. Assay data are imported directlyfrom digital assay files and are merged in the database withsample information. Data are uploaded to a master SQLdatabase stored in Perth, which is backed up daily. Data isreviewed and manually validated upon completion ofdrilling.•From time to time assays will be repeated if they fail thecompany QAQC protocols, however no adjustments aremade to assay data once accepted into the database.
Location of data points	•Accuracy and quality of surveys used to locate drillholes (collar and down-hole surveys), trenches,mine workings and other locations used in MineralResource estimation.•Specification of the grid system used.•Quality and adequacy of topographic control.	•Hole collars were recorded using Garmin handheld GPSand averaging for 90 seconds. Expected accuracy is + or –3m for easting and northing. The azimuth of the drill collarswere measured with a compass using magnetic north andrecorded in the database. A clinometer was used to checkthe dip of the hole at the collar.•Downhole surveying was conducted with the Reflex Ez-tracsystem. Measurements were collected every 30m duringthe drilling of the hole.•The grid system is MGA_GDA94 (zone 52)
Data spacing anddistribution	•Data spacing for reporting of Exploration Results.•Whether the data spacing and distribution issufficient to establish the degree of geological andgrade continuity appropriate for the MineralResource and Ore Reserve estimationprocedure(s) and classifications applied.•Whether sample compositing has been applied.	•This drilling is not used for resource estimation, it wasintended to attempt to identify bedrock sources of multielement soil geochemical anomalies associated with goldmineralised systems and to test a conductor that wasidentified from a moving loop electromagnetic survey.•RC samples were composited over 4 metres.
Orientation of data inrelation to geologicalstructure	•Whether the orientation of sampling achievesunbiased sampling of possible structures and theextent to which this is known, considering thedeposit type.•If the relationship between the drilling orientationand the orientation of key mineralised structures isconsidered to have introduced a sampling bias,this should be assessed and reported if material.	•The drill lines were designed to be perpendicular to the soilanomalies and the EM conductor.•No sampling bias is considered to have been introduced.
Sample security	•The measures taken to ensure sample security.	•The RC drill samples were collected in pre-numbered calicobags and then placed in poly-weave bags. They weretransported from the field to the sample preparationlaboratory in Alice Springs by XM Logistics and IGOpersonnel.•Once the sample preparation is completed in Alice Springsthe samples are transported to Perth for analysis using thelaboratories standard chain of custody procedure.
Audits or reviews	•The results of any audits or reviews of samplingtechniques and data.	•No specific audits or reviews have been undertaken at thisstage in the programme.

Section 2 Reporting of Exploration Results

Criteria	JORC Code explanation
Mineral tenement andland tenure status	•Type, reference name/number, location andownership including agreements or material issueswith third parties such as joint ventures,partnerships, overriding royalties, native titleinterests, historical sites, wilderness or national parkand environmental settings.•The security of the tenure held at the time ofreporting along with any known impediments toobtaining a license to operate in the area.	•The Lake Mackay Project currently consists of EL24915:•This tenement is in good standing and no knownimpediments exist.•ABM and Independence Group NL ("IGO") entered into amulti-phase agreement covering the Lake Mackay Projecton 21 August 2013.•In May 2016 IGO triggered phase 2 of the agreement toearn a 70% interest in the project. This involvedsubscribing for $1.5M ABM shares in placement with a 6month escrow period and spending $6M on explorationon the project over 4 years.
Exploration done by otherparties	•Acknowledgment and appraisal of exploration byother parties.	•EL24915 was previously explored by BHP in the SouthTanami JV. BHP flew a Geotem survey in 1999 and didground EM and drilling in 2004 targeting Ni sulphides.
Geology	•Deposit type, geological setting and style ofmineralisation.	•The project area is considered highly prospective fororogenic shear hosted gold deposits based on similaritiesthat exist between the West Arunta and the GranitesTanami Block with respect to gold deposition timing andstructural settings.•The region is also considered having potential for a rangeof commodities and mineralising styles. These type ofdeposits include:•IOCG•VMS•Ultramafic intrusion related Ni-Cu-PGE
Drill hole Information	•A summary of all information material to theunderstanding of the exploration results including atabulation of the following information for all Materialdrill holes:easting and northing of the drill hole collaroelevation or RL (Reduced Level – elevationoabove sea level in metres) of the drill hole collardip and azimuth of the holeodown hole length and interception depthohole length.o•If the exclusion of this information is justified on thebasis that the information is not Material and thisexclusion does not detract from the understanding ofthe report, the Competent Person should clearlyexplain why this is the case.	•Included in Table 1, Table A1 and Table A2
Data aggregationmethods	•In reporting Exploration Results, weighting averagingtechniques, maximum and/or minimum gradetruncations (eg cutting of high grades) and cut-offgrades are usually Material and should be stated.•Where aggregate intercepts incorporate shortlengths of high grade results and longer lengths oflow grade results, the procedure used for suchaggregation should be stated and some typicalexamples of such aggregations should be shown indetail.•The assumptions used for any reporting of metalequivalent values should be clearly stated.	•Results reported are based on a 1 g/t Au or 1% Cu gradecut off. No truncation of high grades was undertaken•The results did not incorporate shorter lengths of highgrade the cut-off of 1g/t Au or 1% Cu was used.•Metal equivalent grades were not reported.
Relationship betweenmineralisation widths andintercept lengths	•These relationships are particularly important in thereporting of Exploration Results.•If the geometry of the mineralisation with respect tothe drill hole angle is known, its nature should bereported.•If it is not known and only the down hole lengths arereported, there should be a clear statement to thiseffect (eg 'down hole length, true width not known').	•Downhole widths are provided as this is the first drillingprogram at this prospect and mineralisation geometry ispoorly understood at this stage.

Criteria	JORC Code explanation
Diagrams	•Appropriate maps and sections (with scales) andtabulations of intercepts should be included for anysignificant discovery being reported These shouldinclude, but not be limited to a plan view of drill holecollar locations and appropriate sectional views.	•A plan view is provided in Figure 3 and section in Figure4
Balanced reporting	•Where comprehensive reporting of all ExplorationResults is not practicable, representative reporting ofboth low and high grades and/or widths should bepracticed to avoid misleading reporting ofExploration Results.	•Results above 1g/t Au or 1% Cu were reported. Theremainder of the results are considered low grade.
Other substantiveexploration 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 andmethod of treatment; metallurgical test results; bulkdensity, groundwater, geotechnical and rockcharacteristics; potential deleterious orcontaminating substances.	•Au ppb in soil contours are provided in Figure 3 of thereport to show the coincidence of the positive drill resultswith the soil anomalism.
Further work	•The nature and scale of planned further work (egtests for lateral extensions or depth extensions orlarge-scale step-out drilling).•Diagrams clearly highlighting the areas of possibleextensions, including the main geologicalinterpretations and future drilling areas, provided thisinformation is not commercially sensitive.	•Further drilling will be conducted to determine the lateralextent of the mineralisation.•The MLEM plates displayed on Figure 3 mayapproximate the extent of the mineralisation in the nearsurface environment. It must be noted that 16PRRC002did not intersect precious or base metals up-dip of theMLEM plate so this may be caused by pyrrhotite.