Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

RAIDEN RESOURCES LIMITED M&A Activity 2021

Sep 12, 2021

65675_rns_2021-09-12_86a78a5f-2711-4960-9a9a-b15994c4e386.pdf

M&A Activity

Open in viewer

Opens in your device viewer

ASX RELEASE | 13th September 2021

SUBSTANTIAL ACQUISITION SIGNIFICANTLY EXPANDS MT SHOLL NI-CU-PGE PROJECT

  • Raiden to acquire 80% interest in the Welcome Exploration Pty Ltd (“Welcome”) tenements adjoining its Mt Sholl project (100%)

  • Mt Sholl & Welcome (“Consolidated tenements”) include a total of 677 drill holes for approx. 80,000m of drilling

QUICK STATS ASX Code: RDN DAX Code: YM4

  • Significant high grade drill results at Welcome (B2 deposit) include:

  • 72SD1: 4.6m at 3.36% Ni, 0.84% Cu, 0.11% Co from 45m

  • B2RCD044: 7.84m at 1.64% Ni, 1.45% Cu, 0.77g/t Pd from 258m

  • Including 1.8m at 5.27% Ni, 1.19% Cu, 0.66 g/t Pd, 0.2% Co from 264m

  • o SPD304: 1.4m at 4.54% Ni, 1.57% Cu from 258.2m o 83SP310: 14m at 1.03% Ni, 0.83% Cu from 108m

    • Including 2m at 2.53% Ni from 108m

  • 83SP311: 2m at 2.36% Ni from 96m

  • o 90SP358: 2m at 2.3% Ni from 86m o 90SP360: 2m at 2.3% Ni, 0.75g/t Pd from 88m o 90SP371: 2m at 2.3% Ni from 150m o B2RC27: 19m at 0.79% Ni from 33m ▪ Including 1m at 3.54% Ni from 33m

  • o 06B2DD065: 17.6m at 1.15% Ni, 1.73% Cu, 0.96g/t Pd from 36.4m ▪ Including 1.8m at 4.29% Ni, 2.45% Cu, 0.18% Co and 0.71g/t Pd from 51.8m

  • Previous drilling lacked systematic analysis of PGE and cobalt, with strong positive correlation between nickel-copper-PGE-cobalt mineralisation

BOARD & MANAGEMENT

Non- Executive Chairman Mr Michael Davy

Managing Director Mr Dusko Ljubojevic

Non-Executive Director Mr Martin Pawlitschek

Non-Executive Director Mr Dale Ginn

Company Secretary Ms Kyla Garic

ASSET PORTFOLIO

SERBIA

Cu, Co & Au (~269km[2] )

BULGARIA

  • Processing and interpretation of historical geophysics across all tenements underway to define extensions and potentially untested drill targets

  • Evaluation and modelling of all historical drilling ongoing

  • Extensive drilling program planned for Q1 CY22 aiming to define extents of mineralisation across Mt Sholl and Welcome

Cu, Au & Ag (~409km[2] )

AUSTRALIA

Au, Cu, Ni & PGE (~823km[2] )

Mr Dusko Ljubojevic, Managing Director of Raiden commented: “The

consolidated tenements have provided Raiden with a significant ground package with drill proven prospectivity. We are particularly encouraged by the fact that mineralisation is outcropping and has very high grade sections within the ore body.

P 08 6158 9990 Suite 7, 63 Shepperton Road, Victoria Park, WA Australia 6100 ABN 68 009 161 522

ASX RELEASE | 13th September 2021

==> picture [532 x 374] intentionally omitted <==

----- Start of picture text -----

INSET
----- End of picture text -----

Figure 1: Mt Sholl & Welcome Location Plan Including Key Prospects

Raiden has commenced interpreting geophysical coverages across the tenements to define extensional targets and potentially untested drill targets, in preparation of a substantial drilling program to be undertaken in Q1 CY22. Systematic analysis of platinum-palladium will be conducted to determine the extent of polymetallic mineralisation present, within what appears to be a large magmatic intrusion system. Twin holes or infill drilling will be completed in areas of nickel-copper mineralisation that has been intersected in previous drilling, which were not tested for palladium-platinum-cobalt.

Through aggregation of individual assets with fragmented ownership, we have generated a substantial asset which has the potential of underpinning a significant resource base. In addition, the associated PGE-cobalt mineralisation has the potential to significantly increase the economic value.”

Page 2 of 41

ASX RELEASE | 13th September 2021

Raiden Resources Limited (ASX: RDN) (“Raiden” or “the Company”) is pleased to announce the acquisition of tenure adjacent to Raiden’s Mt Sholl Project. Through the Welcome acquisition, the consolidated tenements cover a land area of 27km[2] . Relative to the prospectivity and results returned to date, the tenements appear under explored, especially regarding extensions of known mineralisation and untested targets.

Mt Sholl & Welcome Ni-Cu-PGE Project Overview

The consolidated tenements are located 22 kilometres southeast of Karratha and 10 kilometres northeast of the mothballed Radio Hill mine in the Pilbara region of Western Australia.

==> picture [356 x 407] intentionally omitted <==

Figure 2 – Selected significant drill intercepts across B2 deposit

The tenements are underlain by Paleoarchean greenstone rocks, primarily basalt, and part of the Mesoarchean Mount Sholl layered maficultramafic intrusive complex. The consolidated tenements host several Ni-Cu-PGE deposits, with mineralisation occurring as disseminated, matrix, stringer and rare massive pyrrhotitepentlandite-chalcopyrite. High pyrrhotite content in ore means that Ni-Cu mineralisation in the intrusion across the consolidated tenements can be associated with discrete magnetic highs.

Extensive work on the properties targeting Ni-CuPGE mineralisation was conducted by a number of companies from the early 1970’s through to 2016. Exploration programs included the collection of

Page 3 of 41

ASX RELEASE | 13th September 2021

surface samples (soil, auger and rock), airborne geophysics (magnetics, EM) and drilling (RAB, RC and diamond).

A total of 677 drill holes for 79,637m of drilling has been completed to date across the consolidated tenements. Geological modelling to assist with further exploration targeting and modelling across the Project is underway.

B2 Trend Drill results (Anita, Abi, Dawn and Ashlea Prospects):

Mineralisation has been defined over a strike length of 2.2km and contains multiple significant results including:

  • 06B2DD065: 17.6m at 1.15% Ni, 1.73% Cu, 0.96g/t Pd from 36.4m

  • Including 1.8m at 4.29% Ni, 2.45% Cu, 0.18% Co and 0.71g/t Pd from 51.8m

  • 06B2DD066: 15m at 0.94% Ni, 1.04% Cu from 40m

  • Including 1.0m at 2.54% Ni, 1.5% Cu from 53m

  • 07B2DD074: 11m at 0.93% Ni, 1.17% Cu from 67m

  • Including 1.0m at 2.54% Ni, 1.5% Cu from 53m

  • B2RC27: 19m at 0.79% Ni from 33m

  • Including 1m at 3.54% Ni from 33m

Commercial Terms

Raiden Resources Ltd (“Raiden”) has entered into a binding heads of agreement with Welcome Exploration Pty Ltd, to acquire 80% equity interest in the tenure surrounding Mt Sholl Project. Raiden will pay cash consideration of $100,000 and will be issuing fully paid ordinary shares to the value of $500,000 based on the volume weighted average price for the 20 days immediately following the execution of this Agreement. The shares will be subject to a period of three months voluntary escrow from the date of completion. Welcome’s 20% equity interest will be free carried until a decision to mine has been announced. Thereafter, each party will contribute according to their respective equity interests or dilute.

This ASX announcement has been authorised for release by the Board of Raiden Resources Limited.

==> picture [532 x 46] intentionally omitted <==

Page 4 of 41

ASX RELEASE | 13th September 2021

FOR FURTHER INFORMATION PLEASE CONTACT

DUSKO LJUBOJEVIC

Managing Director

RAIDEN RESOURCES LIMITED

[email protected] www.raidenresources.com.au

Competent Person's Statement

The information in this announcement that relates to exploration results is based on and fairly represents information and supporting documentation prepared by Mr Martin Pawlitschek, a competent person who is a member of the Australian Institute of Geoscientists (AIG). Mr Martin Pawlitschek employed by Raiden Resources Limited. Mr Martin Pawlitschek has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Martin Pawlitschek has provided his prior written consent as to the form and context in which the exploration results and the supporting information are presented in this announcement.

Disclaimer:

Forward-looking statements are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”, “anticipate(s)”, “potential(s)”and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the Company’s prospects, properties and business strategy. Investors are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and the Company does not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

Page 5 of 41

ASX RELEASE | 13th September 2021

About Raiden Resources

Raiden Resources Limited . (ASX:RDN / DAX:YM4) is a dual listed base metal—gold focused exploration Company focused on the emerging prolific Tethyan metallogenic belt in Eastern Europe and has established a significant exploration footprint in Serbia and Bulgaria. More recently Raiden completed a transaction to purchase a highly prospective portfolio of gold, copper, nickel and PGE projects in the Pilbara region of Western Australia.

Over the last 3 years, the Company has secured one of the largest project portfolios, considered prospective for porphyry and epithermal mineralisation in Eastern Europe. The Company has defined over 20 porphyry, epithermal and polymetallic prospects over the course of 2019, a number of which the Company plans to drill test. Furthermore, initial work programs in the Pilbara are demonstrating the potential of the recently acquired portfolio and will lead to near term drilling.

The Directors believe that the Company is well positioned to unlock value from this exploration portfolio and deliver a significant mineral discovery.

Appendix 1: Tenement Schedule

Tenement Holder Grant Date Expiry Area RDN Equity
%		 Comments
E47/3339 Welcome
Exploration
Pty Ltd		 14/09/2016 13/09/2021 1Bl 80% Renewal for 5
years lodged
P47/1762 01/09/2016 31/08/2024 139 Ha. 80%
P47/1787 24/01/2017 23/01/2025 188 Ha. 80%
P47/1788 24/01/2017 23/01/2025 200 Ha. 80%
P47/1789 24/01/2017 23/01/2025 148 Ha. 80%
P47/1790 30/11/2018 29/11/2022 197 Ha. 80%
P47/1791 02/08/2018 01/08/2022 177 Ha. 80%
P47/1792 02/08/2018 01/08/2022 193 Ha. 80%
P47/1793 30/11/2018 29/11/2022 197 Ha. 80%
P47/1794 30/11/2018 29/11/2022 157 Ha. 80%
P47/1795 30/11/2018 29/11/2022 146 Ha. 80%

Page 6 of 41

ASX RELEASE | 13th September 2021

Appendix 2: Drill Collars and Intercepts

Intercepts are quoted as downhole lengths; holes were oriented roughly perpendicular to the lode but the true width is not known

Intercepts have been calculated as weighted averages > 0.5% Cu+Ni with no internal intervals < 0.1% Cu+Ni

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
06B2DD065 488385 7686713 DD 60 -90 0 36.4 54 17.6 1.15 1.73 470 0.96 0.18 0.11 Including 1.8m
at 4.29% Ni,
2.45% Cu,
1800ppm Co
and 0.71 g/t Pd
from 51.8m
06RZDD001 492391 7687165 DD 147.3 -75 180 118.5 128.5 10 1.02 0.83 420 0.91 0.17 0.06
06RZDD002 492591 7687357 DD 321.2 -75 180 259 260 1 0.62 0.842 420 0.19 0.1 0.06
06RZDD003 492441 7687212 DD 174.6 -75 180 150.6 164.6 14 0.58 0.87 226 0.39 0.14 0.08
06RZDD004 492366 7687142 DD 132.5 -75 180 104 114 10 0.77 1.21 299 0.9 0.17 0.06
06RZDD005 492416 7687189 DD 159.2 -75 180 144.3 147 2.7 0.63 0.95 246 0.42 0.13 0.07
07B2DD001 487321 7684777 DD 294.9 -81.5 301 293.4 294.9 1.5 1.15 1.12 384 Not Assayed
07B2RC066 488309 7686593 RC 62 -90 0 40 55 15 0.94 1.04 336 Not Assayed Including 1m at
2.54% Ni, 1.5%
Cu from 53m
07B2RC067 488333 7686584 RC 71 -90 0 36 37 1 0.69 0.26 290 Not Assayed
07B2RC068 488290 7686563 RC 89 -90 0 39 55 16 0.49 1.07 200 Not Assayed
07B2RC069 488327 7686557 RC 84 -90 0 38 39 1 0.92 1.14 430 Not Assayed
07B2RC070 488310 7686563 RC 83 -90 0 38 39 1 0.96 0.29 340 Not Assayed
488310 7686563 RC 83 -90 0 47 61 14 0.6 0.77 230 Not Assayed
07B2RC071 488344 7686548 RC 89 -90 0 No Significant Intercepts
07B2RC072 488278 7686478 RC 89 -90 0 71 74 3 0.66 0.78 310 Not Assayed
07B2RC073 488229 7686465 RC 89 -90 0 No Significant Intercepts
07B2RC074 488246 7686467 RC 89 -90 0 67 78 11 0.93 1.17 360 Not Assayed
07B2RC076 488227 7686399 RC 101 -90 0 76 84 8 0.64 0.71 252 Not Assayed
07B2RC078 488184 7686356 DD 35 -90 0 Not Assayed

Page 7 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
07B2RC079 488205 7686345 RC 113 -90 0 71 72 1 1.01 1.24 540 Not Assayed
07B2RC080 488223 7686337 RC 103 -90 0 89 90 1 1.17 0.7 500 Not Assayed
07RZDD006 492525 7687332 DD 260.35 -70 180 216 220 4 0.45 0.6 226 Not Assayed
07RZRC001 492310 7687068 RC 104 -59 180 60 65 5 0.56 0.95 220 0.64 0.17 0.07
07RZRC002 492276 7687071 RC 107 -60 180 No Significant Intercepts
07RZRC003 492244 7687035 RC 90 -60 180 No Significant Intercepts
07RZRC005 492275 7687031 RC 65 -60 180 36 44 8 0.4 0.8 181 0.52 0.11 0.09
07RZRC006 492366 7687068 RC 83 -60 180 No Significant Intercepts
07RZRC007 492338 7687038 RC 77 -60 180 47 48 1 0.53 0.56 210 0.37 0.08 0.04
07RZRC008 492310 7687015 RC 47 -60 180 26 32 6 0.58 0.61 240 0.59 0.13 0.04
08B2MET001 488165 7686344 DD 96.7 -78 206 65 84 19 0.47 0.84 190 Not Assayed
488165 7686344 DD 96.7 -78 206 86 88 2 0.45 0.9 215 Not Assayed
08B2RCD085 487276 7684803 DD 356.7 -81 303 No Significant Intercepts
08B2RCD086 487242 7684710 DD 382.1 -81 301 No Significant Intercepts
70SD1 491537 7686706 RC 156 -60 180 No Significant Intercepts
70SD2 491537 7686761 RC 148 -60 180 No Significant Intercepts
71SD1 492590 7687017 PERC 36 -60 181 32 33.5 1.5 1.5 0.87 Not assayed
71SD10 492594 7686990 PERC 76.2 -90 0 74.7 76.2 1.5 1.2 0.24 Not assayed
492594 7686990 PERC 109.7 -90 0 88.4 93 4.6 0.94 0.81 441 Not Assayed
108.2 109.7 1.5 1.5 1.15 Not assayed
71SD11 492597 7686963 PERC 121 -90 0 119.5 121 1.5 0.53 0.28 130 Not Assayed
71SD12 492599 7686935 PERC 91.4 -90 0 88.4 91.4 3 0.58 0.85 380 Not Assayed
492599 7686935 PERC 108.2 -90 0 96 97.5 1.5 0.86 0.2 570 Not Assayed
105.2 108.2 3 0.76 1.12 525 Not Assayed
71SD13 492489 7686950 PERC 18.3 -90 0 No Significant Intercepts
71SD14 491760 7687412 PERC 32.92 -90 0 No Significant Intercepts
71SD15 491781 7687457 PERC 25.6 -90 0 No Significant Intercepts

Page 8 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
71SD16 491803 7687502 PERC 82.3 -90 0 62.5 82.3 19.8 0.75 1.13 319 Not Assayed
71SD17 491537 7686805 RC 150 -60 180 80.8 86.9 6.1 0.57 Not assayed
71SD18 491537 7686860 RC 125 -60 180 No Significant Intercepts
71SD2 492956 7686669 PERC 76.2 -60 181 33.5 35.1 1.6 1.55 2.65 500 Not Assayed
492956 7686669 PERC 76.2 -60 181 54.9 61 6.1 1.38 1.13 556 Not Assayed
65.5 66 0.5 1.45 0.31 440 Not Assayed EOH In
mineralisation
71SD20 494342 7688165 PERC 29.26 -90 0 No Significant Intercepts
71SD21 492310 7687122 DD 119.2 -90 0 No Significant Intercepts
71SD22 491756 7686766 DD 120.1 -90 0 No Significant Intercepts
71SD23 491751 7686801 DD 116.5 -90 0 No Significant Intercepts
71SD24 492468 7687125 DD 111.6 -90 0 No Significant Intercepts
71SD3 492370 7687141 PERC 150 -90 0 48.8 65.5 16.7 1.32 1.37 428 Not Assayed
71SD4 492436 7687215 PERC 188 -90 0 32 33.5 1.5 0.63 0.69 290 Not Assayed
71SD5 492338 7687093 PERC 112.3 -90 0 51.8 53.3 1.5 0.51 0.43 260 Not Assayed
74.7 76.2 1.5 0.68 0.36 310 Not Assayed
93 94.5 1.5 0.57 0.28 260 Not Assayed
71SD6 492427 7687142 PERC 130.8 -90 0 45.7 54.9 9.2 0.66 0.83 357 Not Assayed
71.6 82.3 10.7 0.68 0.98 313 Not Assayed
71SD7 492519 7687204 PERC 174.25 -90 0 No Significant Intercepts
71SD8 487476 7685589 RC 48 -90 0 No Significant Intercepts
71SD9 492559 7687268 PERC 220.65 -90 0 16.8 19.8 3 1.06 0.9 230 Not Assayed
29 32 3 0.61 0.43 280 Not Assayed
47.2 48.8 1.6 0.57 Not assayed
73.2 74.7 1.5 0.55 0.26 Not assayed
71SP1 491537 7686860 RC 156 -60 180 No Significant Intercepts
71SP10 491537 7686905 RC 168 -60 180 18.3 20.1 1.8 1.2 0.355 740 Not Assayed

Page 9 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
71SP11 491641 7686706 RC 72 -60 180 No Significant Intercepts
71SP12 491641 7686761 RC 100 -60 180 No Significant Intercepts
71SP13 491641 7686805 RC 124 -60 180 No Significant Intercepts
71SP14 491641 7686861 RC 156 -60 180 No Significant Intercepts
71SP15 491745 7686706 RC 84 -60 180 No Significant Intercepts
71SP16 491745 7686761 RC 96 -60 180 No Significant Intercepts
71SP17 491745 7686805 RC 132 -60 180 No Significant Intercepts
71SP18 492389 7687164 DD 147.3 -60 180 No Significant Intercepts
71SP19 492590 7687360 DD 321.2 -60 180 No Significant Intercepts
71SP2 492441 7687213 DD 174.6 -60 181 No Significant Intercepts
71SP20 492366 7687143 DD 132.5 -90 0 No Significant Intercepts
71SP21 492416 7687188 DD 159.2 -90 0 No Significant Intercepts
71SP22 492523 7687331 DD 260.35 -90 0 No Significant Intercepts
71SP23 492308 7687067 RC 104 -90 0 No Significant Intercepts
71SP24 492273 7687070 RC 107 -90 0 No Significant Intercepts
71SP25 492242 7687034 RC 90 -90 0 No Significant Intercepts
71SP26 492274 7687031 RC 65 -90 0 No Significant Intercepts
71SP27 492366 7687069 RC 83 -90 0 No Significant Intercepts
71SP3 492338 7687038 RC 77 -90 0 No Significant Intercepts
71SP4 492310 7687014 RC 47 -90 0 No Significant Intercepts
71SP5 492683 7687137 DD 122 -90 0 No Significant Intercepts
71SP6 492475 7687070 DD 81.1 -90 0 No Significant Intercepts
71SP7 492312 7687088 DD 96.3 -90 0 No Significant Intercepts
71SP8 492302 7687174 DD 123.8 -90 0 No Significant Intercepts
71SP9 492584 7687070 PERC 25.6 -90 0 No Significant Intercepts
72RWP13 492481 7687031 PERC 32.9 -90 0 No Significant Intercepts
72RWP14 492534 7687036 PERC 32.9 -90 0 No Significant Intercepts

Page 10 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
72RWP15 492532 7687049 PERC 28.7 -90 0 No Significant Intercepts
72RWP27 492531 7687063 PERC 22 -90 0 No Significant Intercepts
72RWP36 492636 7687088 PERC 43.9 -90 0 No Significant Intercepts
72SD1 492613 7687253 PERC 210.25 -90 0 62.2 66.8 4.8 3.36 0.84 1139 Not Assayed
72SD10 492636 7687075 PERC 29.3 -90 0 No Significant Intercepts
72SD11 492493 7687031 PERC 29.3 -90 0 105.79 107.32 1.53 0.52 0.9 Not assayed
72SD12 492507 7687033 PERC 47 -90 0 No Significant Intercepts
72SD13 492590 7687157 RC 130 -90 0 No Significant Intercepts
72SD14 492340 7687197 RC 180 -90 0 107.6 109.1 1.5 0.89 0.39 Not assayed
72SD15 492390 7687207 RC 180 -90 0 No Significant Intercepts
72SD16 492390 7687157 RC 150 -90 0 No Significant Intercepts
72SD17 487497 7685556 RC 36 -90 0 89.9 91.4 1.5 1.09 0.19 Not assayed
72SD18 487506 7685536 RC 36 -90 0 121.6 123.1 1.5 1.2 0.74 Not assayed
72SD19 487515 7685524 RC 48 -90 0 143 146 3 0.71 0.79 Not assayed
72SD2 492440 7687282 RC 216 -90 0 22.6 24.1 1.5 0.6 0.49 230 Not Assayed
28.7 40.8 12.1 0.87 1.23 337 Not Assayed
72SD3 492440 7687177 RC 150 -90 0 41.8 67.7 25.9 0.91 1.04 Not assayed
72SD4 492590 7687227 RC 150 -90 0 49.8 52.9 3.1 1.43 2.61 Not assayed
69.6 74.2 4.6 0.66 1.45 Not assayed
72SD5 492540 7687107 RC 87 -90 0 89.9 91.4 0.5 2.7 0.41 Not assayed
72SD6 492490 7687157 RC 132 -90 0 No Significant Intercepts
72SD7 492440 7687107 RC 110 -90 0 No Significant Intercepts
72SD8 492440 7687232 RC 180 -90 0 No Significant Intercepts
72SD9 492390 7687107 RC 110 -90 0 No Significant Intercepts
72SP1 492440 7687082 RC 78 -90 0 No Significant Intercepts
72SP10 492340 7687087 RC 120 -90 0 No Significant Intercepts
72SP11 492040 7686657 RC 102 -90 0 No Significant Intercepts

Page 11 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
72SP12 492040 7686707 RC 120 -90 0 No Significant Intercepts
72SP13 492040 7686757 RC 120 -90 0 No Significant Intercepts
72SP14 492090 7686657 RC 120 -90 0 No Significant Intercepts
72SP15 491540 7686907 RC 168 -90 0 No Significant Intercepts
72SP16 492090 7686707 RC 120 -90 0 No Significant Intercepts
72SP17 491640 7686857 RC 156 -90 0 No Significant Intercepts
72SP18 491640 7686907 RC 180 -90 0 No Significant Intercepts
72SP19 491740 7686807 RC 132 -90 0 No Significant Intercepts
72SP2 491740 7686857 RC 156 -90 0 No Significant Intercepts
72SP20 487420 7685656 RC 38 -90 0 No Significant Intercepts
72SP21 487525 7685506 RC 30 -90 0 No Significant Intercepts
72SP22 487537 7685488 RC 42 -90 0 No Significant Intercepts
72SP23 487548 7685470 RC 42 -90 0 No Significant Intercepts
72SP24 487466 7685521 RC 30 -90 0 No Significant Intercepts
72SP25 487415 7685607 RC 36 -90 0 No Significant Intercepts
72SP26 487395 7685549 RC 25 -90 0 No Significant Intercepts
72SP27 487406 7685531 RC 30 -90 0 No Significant Intercepts
72SP28 487415 7685513 RC 30 -90 0 No Significant Intercepts
72SP29 487426 7685496 RC 30 -90 0 No Significant Intercepts
72SP3 491940 7686757 RC 78 -90 0 No Significant Intercepts
72SP30 487435 7685478 RC 30 -90 0 No Significant Intercepts
72SP31 487368 7685624 RC 24 -90 0 No Significant Intercepts
72SP32 487351 7685614 RC 24 -90 0 No Significant Intercepts
72SP33 487333 7685602 RC 24 -90 0 No Significant Intercepts
72SP34 487316 7685593 RC 30 -90 0 No Significant Intercepts
72SP35 487298 7685582 RC 24 -90 0 No Significant Intercepts
72SP36 489766 7687510 PERC 36.58 -90 0 No Significant Intercepts

Page 12 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
72SP37 489704 7687511 PERC 25.6 -90 0 No Significant Intercepts
72SP38 489647 7687697 PERC 18.29 -90 0 No Significant Intercepts
72SP39 489594 7687698 PERC 25.6 -90 0 9.14 10.97 1.83 0.55 0.074 80 Not Assayed
72SP4 491940 7686807 RC 102 -90 0 No Significant Intercepts
72SP40 489578 7687699 PERC 14.63 -90 0 No Significant Intercepts
72SP41 489563 7687699 PERC 10.97 -90 0 No Significant Intercepts
72SP42 493102 7687003 DD 313.1 -90 0 No Significant Intercepts
72SP43 488382 7686714 DD 60 -90 0 No Significant Intercepts
72SP44 487316 7684779 DD 384.6 -90 0 No Significant Intercepts
72SP45 488309 7686593 RC 62 -90 0 No Significant Intercepts
72SP46 488333 7686584 RC 71 -90 0 No Significant Intercepts
72SP47 488289 7686563 RC 89 -90 0 No Significant Intercepts
72SP48 488327 7686557 RC 84 -90 0 No Significant Intercepts
72SP49 488310 7686563 RC 83 -90 0 No Significant Intercepts
72SP5 488344 7686548 RC 89 -90 0 No Significant Intercepts
72SP50 488278 7686478 RC 89 -90 0 No Significant Intercepts
72SP51 488229 7686465 RC 89 -90 0 No Significant Intercepts
72SP52 488246 7686467 RC 89 -90 0 No Significant Intercepts
72SP6 488227 7686399 RC 101 -90 0 No Significant Intercepts
72SP7 488184 7686356 RC 36 -90 0 No Significant Intercepts
72SP8 488206 7686345 RC 113 -90 0 No Significant Intercepts
72SP9 488223 7686337 RC 103 -90 0 No Significant Intercepts
73SD1 490009 7688061 DD 227.4 -90 0 No Significant Intercepts
73SD4 492469 7687023 PERC 82.32 -90 0 80.79 82.32 1.53 1.02 0.195 Not assayed
73SD5 489975 7688130 DD 244.8 -90 0 216.7 218.2 1.5 0.71 0.34 Not assayed
83SP307 488165 7686344 DD 96.7 -90 0 Not Assayed
83SP307A 487274 7684804 DD 356.7 -90 0 122 138 16 0.79 1.05 Not assayed

Page 13 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
83SP308 487242 7684710 DD 382.1 -90 0 144 160 16 0.45 0.87 Not assayed 0.93 0.16 Not assayed
83SP309 488410 7686746 DD 112 -90 0 108 112 4 1.06 1.17 Not assayed
83SP310 488207 7686308 DD 122 -90 0 108 122 14 1.03 0.83 Not assayed Including 2m at
2.53% Ni,
0.47% Cu from
108m
83SP311 488270 7686277 DD 135.64 -90 0 96 100 4 1.59 0.57 Not assayed 0.1 0.68 Not assayed Including 2m at
2.3% Ni from
86m
104 108 4 1.11 1.41 Not assayed 0.29 1.24 Not assayed
83SP312 488173 7686185 DD 125.6 -90 0 Not Assayed
83SP313 488168 7686070 DD 148.75 -90 0 Not Assayed
83SP313A 488522 7686919 DD 112.8 -90 0 No Significant Intercepts
83SP314 488096 7686102 DD 99.4 -90 0 120 122 2 1.38 1.26 Not assayed
84SP315 488151 7686336 DD 87.2 -90 0 Not Assayed
84SP315A 488395 7686753 DD 84.1 -90 0 156 166 10 0.48 0.79 Not assayed
84SP316 487834 7686092 DD 91.45 -90 0 Not Assayed
84SP316A 488137 7686343 DD 91.45 -90 0 142 144 2 0.55 0.46 Not assayed
84SP317 488512 7686430 DD 84.44 -90 0 No Significant Intercepts
84SP318 488091 7685963 DD 202.7 -90 0 No Significant Intercepts
84SP319 488115 7686214 DD 114.6 -90 0 108 110 2 0.422 1.86 Not assayed
84SP320 488376 7686764 DD 91.7 -90 0 106 108 2 1.04 0.51 Not assayed
84SP321 488341 7686646 DD 100.9 -90 0 No Significant Intercepts
84SP322 488298 7686540 DD 123.8 -90 0 No Significant Intercepts
84SP323 488349 7686517 DD 104.9 -90 0 94 100 6 0.67 0.94 Not assayed
84SP324 488400 7686493 DD 116.8 -90 0 118 130 12 0.92 1.11 Not assayed
84SP325 488259 7686423 DD 99.4 -90 0 No Significant Intercepts
84SP326 488362 7686771 DD 73.2 -90 0 194 198 4 1.23 0.64 Not assayed
84SP327 487834 7685710 DD 153.31 -90 0 164 168 4 0.56 0.69 Not assayed

Page 14 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
84SP328 487773 7685711 DD 141.73 -90 0 No Significant Intercepts
84SP329 487999 7685792 DD 172.53 -90 0 No Significant Intercepts
84SPD330 488179 7686137 DD 142.65 -90 0 326 327 1 0.77 0.33 Not assayed
84SPD331 488341 7686646 DD 53.64 -90 0 303.6 304.6 1 0.53 0.42 Not assayed
85SP332 489770 7687927 PERC 114 -90 0 94 102 8 0.68 1.16 Not assayed
85SP333 492455 7687020 PERC 32.9 -90 0 124 130 6 0.77 0.89 Not assayed
85SP334 492586 7687056 PERC 58.8 -90 0 166 168 2 1.02 1.22 Not assayed
85SPD335 489814 7688012 PERC 159.4 -90 0 149 151.5 2.5 0.5 1.24 Not assayed
86RP1 488902 7688535 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP10 489168 7688659 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP11 489247 7688584 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP12 489252 7688597 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP13 489257 7688609 RC 60 -60 200 Gold only assays- No Significant Intercepts
86RP14 489453 7688559 RC 36 -60 200 8 10 2 Not assayed 1.51
15 17 2 Not assayed 2.67
86RP15 489456 7688567 RC 48 -60 200 17 18 1 Not assayed 2.94
86RP16 489546 7688520 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP17 489555 7688543 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP18 489565 7688568 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP19 489568 7688575 RC 48 -60 200 Gold only assays- No Significant Intercepts
86RP2 488909 7688551 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP20 489155 7688625 RC 30 -60 20 Gold only assays- No Significant Intercepts
86RP3 488965 7688690 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP4 488971 7688706 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP5 488977 7688721 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP6 488983 7688737 RC 36 -60 200 Gold only assays- No Significant Intercepts
86RP7 488990 7688753 RC 36 -60 200 Gold only assays- No Significant Intercepts

Page 15 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
86RP8 489078 7688703 RC 42 -60 200 Gold only assays- No Significant Intercepts
86RP9 489164 7688646 RC 12.5 -90 0 Gold only assays- No Significant Intercepts
86SP345 489681 7687837 PERC 54 -90 0 Not Assayed
86SPD336 492442 7687013 PERC 97 -90 0 91 97 6 0.5 0.76 Not assayed
86SPD337 492441 7687026 PERC 130.8 -90 0 119 130.8 11.8 0.91 1.17 Not assayed Including 1m at
2.03% Ni from
119m. EOH in
mineralisation
86SPD338 492427 7687024 PERC 32.9 -90 0 No Significant Intercepts
86SPD339 492428 7687012 PERC 25.6 -90 0 No Significant Intercepts
86SPD340 492403 7687009 PERC 25.6 -90 0 No Significant Intercepts
86SPD343 489762 7687879 PERC 91 -90 0 72.2 85.2 13 1.17 1.02 Not assayed
86SPD344 489857 7687932 PERC 138.05 -90 0 131 133.1 2.1 0.91 0.87 Not assayed
87RP21 489118 7688669 RC 36 -60 200 14 15 1 Not assayed 5.74
87RP22 489123 7688680 RC 32 -60 200 27 28 1 Not assayed 0.77
87RP23 489172 7688668 RC 66 -60 200 Gold only assays- No Significant Intercepts
87RP24 489399 7688559 RC 36 -60 200 Gold only assays- No Significant Intercepts
87RP25 489405 7688572 RC 42 -60 200 19 20 1 Not assayed 0.54
87RP26 489510 7688556 RC 36 -60 200 13 19 6 Not assayed 3.56 Including 1m at
15.9g/t Au
from 16m
87RP27 489512 7688566 RC 48 -60 200 21 22 1 Not assayed 1.3
87RP28 489461 7688577 RC 54 -60 200 25 26 1 Not assayed 1.28
87RP29 489464 7688586 RC 48 -60 200 35 37 2 Not assayed 1.48
87RP30 489479 7688624 RC 66 -60 200 61 62 1 Not assayed 12
87RP31 489615 7688557 RC 36 -60 200 Gold only assays- No Significant Intercepts
87RP32 489619 7688567 RC 42 -60 200 Gold only assays- No Significant Intercepts
87RP33 489623 7688576 RC 48 -60 200 Gold only assays- No Significant Intercepts
87RP34 489664 7688543 RC 36 -60 200 23 24 1 Not assayed 0.59

Page 16 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
87RP35 489667 7688553 RC 36 -60 200 31 32 2 Not assayed 1.34
87SP346 488316 7686533 DD 195 -58 303 194 195 1 0.53 0.47 Not assayed
87SP347 488222 7686439 DD 85.66 -59 300 No Significant Intercepts
89RP36 488082 7688894 RAB 20 -60 21.86 Gold only assays- No Significant Intercepts
89RP37 488078 7688884 RAB 22 -60 21.86 Gold only assays- No Significant Intercepts
89RP38 488075 7688875 RAB 20 -60 21.86 Gold only assays- No Significant Intercepts
89RP39 488070 7688866 RAB 20 -60 21.86 Gold only assays- No Significant Intercepts
89RP40 488065 7688859 RAB 20 -60 21.86 Gold only assays- No Significant Intercepts
89RP41 488061 7688849 RAB 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP42 488297 7688723 RAB 20 -60 21.86 Gold only assays- No Significant Intercepts
89RP43 488292 7688715 RAB 20 -60 21.86 16 17 1 Not assayed 0.71
89RP44 488287 7688705 RAB 23 -60 21.86 8 9 1 Not assayed 0.81
89RP45 488282 7688696 RAB 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP46 488236 7688753 RC 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP47 488232 7688743 RC 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP48 488227 7688735 RC 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP49 488223 7688725 RC 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP50 488219 7688716 RC 40 -60 21.86 Gold only assays- No Significant Intercepts
89RP51 488214 7688708 RC 30 -60 21.86 Gold only assays- No Significant Intercepts
89RP52 489504 7688549 RC 30 -60 200 2 3 1 Not assayed 3.4
26 27 1 Not assayed 1.9
89RP53 489527 7688609 RC 66 -60 200 Gold only assays- No Significant Intercepts
89RP54 489472 7688605 RC 54 -60 200 Gold only assays- No Significant Intercepts
89RP55 489414 7688595 RC 60 -60 200 38 39 1 Not assayed 1.1
89XDRC1 489234 7687308 RC 60 -60 50 Not assayed
89XDRC2A 489278 7687321 RC 72 -60 235 Not assayed
89XDRC3 489290 7687286 RC 78 -60 235 Not assayed

Page 17 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
90RP56 489309 7688604 RC 48 -90 0 Gold only assays- No Significant Intercepts
90RP57 489359 7688595 RC 80 -90 0 50 51 1 Not assayed 0.79
90RP58 489421 7688614 RC 80 -90 0 73 74 1 Not assayed 2.5
90RP59 489481 7688628 RC 98 -90 0 91 92 1 Not assayed 0.72
90RP60 489667 7688553 RC 60 -90 0 Gold only assays- No Significant Intercepts
90RP61 489300 7688581 RC 54 -90 0 24 25 1 Not assayed 1.8
90RP63 489513 7688571 RC 60 -90 0 39 40 1 Not assayed 4
90SP348 488142 7686200 DD 117.7 -90 0 74 80 6 0.66 0.63 Not assayed
90SP349 487587 7685471 DD 122 -90 0 120 122 2 1.2 0.58 Not assayed
90SP350 488289 7686545 DD 54.9 -90 0 No Significant Intercepts
90SP351 487970 7686189 DD 100.6 -90 0 No Significant Intercepts
90SP352 487572 7685471 DD 110 -90 0 96 110 14 1.07 1.09 Not assayed
90SP353 488604 7686188 PERC 29.27 -90 0 Gold only assays- No Significant Intercepts
90SP354 487898 7685773 PERC 150 -90 0 148 150 2 Not assayed 1.1
90SP355 487633 7685351 PERC 230 -90 0 228 230 2 0.55 0.91 Not assayed
90SP356 487602 7685352 PERC 150 -90 0 148 150 2 0.95 0.33 Not assayed 0.01
90SP357 487542 7685353 PERC 98 -90 0 92 98 6 0.73 0.39 Not assayed 0.75 0.05 0.05
90SP358 487511 7685353 PERC 88 -90 0 74 76 2 0.62 0.63 Not assayed
84 88 4 1.8 0.35 Not assayed
90SP359 487481 7685354 PERC 25.61 -90 0 No Significant Intercepts
90SP360 488058 7686318 PERC 90 -90 0 72 82 10 0.61 0.52 Not assayed 0.4 0.07 0.03
86 90 4 1.38 0.75 Not assayed 0.64 0.13 0.01 Including 2m at
2.3% Ni,
0.75g/t Pd
from 88m
90SP361 488028 7686319 PERC 70 -90 0 64 70 6 0.85 0.85 Not assayed
90SP362 487997 7686319 PERC 154 -90 0 140 154 14 1.45 1.37 Not assayed 0.98 0.19 0.08 Including 8m at
1.92% Ni,
1.65% Cu,
1.14g/t Pd
Page 18 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
90SP363 487967 7686320 PERC 144 -90 0 142 144 2 0.61 1.3 Not assayed 0.66 0.15 0.17
90SP364 488634 7686188 PERC 36.59 -90 0 Gold only assays- No Significant Intercepts
90SP365 488664 7686187 PERC 172 -90 0 164 172 8 0.78 1.2 Not assayed
90SP366 488695 7686187 PERC 170 -90 0 168 170 2 0.53 1 Not assayed
90SP367 487552 7685438 PERC 21.95 -90 0 Gold only assays- No Significant Intercepts
90SP368 487567 7685438 PERC 126 -90 0 122 126 4 1.15 0.64 Not assayed 0.39 0.07 0.13
90SP369 487583 7685437 PERC 126 -90 0 124 126 2 0.7 0.32 Not assayed
90SP370 487598 7685437 PERC 142 -90 0 132 142 10 0.47 0.77 Not assayed 0.74 0.15 0.06
90SP371 487613 7685437 PERC 160 -90 0 120 122 2 0.6 0.59 Not assayed
130 132 2 0.61 0.43 Not assayed
150 152 2 2.3 0.35 Not assayed
90SP372 487628 7685437 PERC 168 -90 0 146 148 2 0.51 0.4 Not assayed
156 158 2 1.1 0.57 Not assayed
166 168 2 0.97 1.2 Not assayed
90SP373 487636 7685437 PERC 114 -90 0 92 94 2 0.65 0.32 Not assayed
98 114 16 0.77 0.92 Not assayed
90SP374 487549 7685839 PERC 21.95 -90 0 No Significant Intercepts
90SP375 488728 7686186 PERC 118 -90 0 114 118 4 0.77 1.2 Not assayed
90SP376 487549 7685847 PERC 360 -90 0 346 348 2 0.86 0.39 Not assayed 0.78 0.11 0.13
354 360 6 0.66 0.37 Not assayed 0.51 0.09 0.05
90SP377 487549 7685855 PERC 80 -90 0 72 80 8 0.57 0.85 Not assayed
90SP378 487549 7685862 PERC 36.59 -90 0 No Significant Intercepts
90SP379 488786 7686185 PERC 72 -90 0 56 72 16 0.87 1.29 Not assayed 0.09 EOH In
mineralisation
91SP380 487974 7685772 PERC 276 -90 0 260 276 16 0.3 0.62 Not assayed 0.78 0.15 0.16
91SP381 487943 7685772 PERC 36.59 -90 0 No Significant Intercepts
91SP382 487913 7685773 PERC 276 -90 0 272 276 4 0.82 0.97 Not assayed 0.82 0.13 0.04

Page 19 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm
Pt ppm		 Pd ppm
Pt ppm		 Au ppm Comments
91SP383 488018 7686157 PERC 302 -90 0 300 302 2 0.52 0.75 Not assayed
91SP384 488022 7686163 PERC 156 -90 0 No Significant Intercepts
91SP385 487971 7686067 PERC 332 -90 0 330 332 2 0.67 0.83 Not assayed
A1RC09 492340 7687087 RC 80 -60 180 74 80 6 Not assayed Not assayed 289 0.74 0.145 0.05
A1RC1 492590 7687157 RC 130 -60 180 87 88 1 0.32 0.246 142 0.62 0.067 0.05
A1RC10 492340 7687197 RC 180 -60 180 No Significant Intercepts
A1RC11 492390 7687207 RC 180 -60 180 137 150 13 Not assayed Not assayed 396 0.72 0.186
A1RC12 492390 7687157 RC 150 -60 180 No Significant Intercepts
A1RC13 492440 7687282 RC 216 -70 180 No Significant Intercepts
A1RC14 492440 7687177 RC 150 -70 180 123 124 1 Not assayed Not assayed 197 0.609 0.113 0.06
A1RC2 492590 7687227 RC 150 -70 180 145 146 1 0.277 0.292 131 0.56 0.057 0.05
A1RC3 492540 7687107 RC 87 -60 180 63 64 1 0.303 0.204 145 0.511 0.05 0.02
A1RC4 492490 7687157 RC 132 -70 180 90 95 5 0.364 0.502 207 0.553 0.05 0.02
105 107 2 0.34 0.75 210 0.776 0.06 0.04
A1RC5 492440 7687107 RC 110 -70 180 80 86 6 0.53 0.46 293 0.52 0.09 0.06
A1RC6 492440 7687232 RC 180 -70 180 151 168 17 0.56 0.79 226 0.99 0.12 0.04 Including 1m at
2.24% Ni,
0.64% Cu,
1.01g/t Pd and
771ppm Co
from 162m
A1RC7 492390 7687107 RC 110 -60 180 No Significant Intercepts
A1RC8 492440 7687082 RC 78 -60 180 67 69 2 0.38 0.54 216 0.39 0.04 0.016
A1RC9 492400 7687022 PERC 80 -60 181 62 64 2 0.26 0.49 134 0.52 0.11 0.04
74 78 4 0.7 0.86 286 0.66 0.14 0.04
79 80 1 0.68 0.67 274 0.85 0.18 0.07
B1MET1 489612 7687785 DD 45.5 -90 0 16 37 21 0.75 1.14 Not assayed 0.68 0.13 Not assayed
B1RC101 489725 7687832 RC 78 -90 0 52 55 3 0.41 0.54 160 0.82 0.12 0.04
62 64 2 0.65 1.07 242 0.52 0.1 0.03

Page 20 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm		 Ni %
Cu %
Co ppm
Pd ppm		 Ni %
Cu %
Co ppm
Pd ppm		 Ni %
Cu %
Co ppm
Pd ppm		 Pt ppm Au ppm Comments
71 74 3 0.57 0.75 168 0.58 0.11 0.05
68 69 1 0.3 0.51 60 0.52 0.1 0.04
B1RC102 489708 7687843 RC 88 -90 0 54 56 2 0.74 1.79 217 1.66 0.13 0.04
63 80 17 0.62 0.94 232 0.98 0.15 0.1
B1RC103 489658 7687754 RC 67 -90 0 No Significant Intercepts
B1RC104 489642 7687766 RC 87 -90 0 No Significant Intercepts
B1RC105 489624 7687654 RC 17 -90 0 No Significant Intercepts
B1RC106 489665 7687623 RC 22 -90 0 13 14 1 0.09 0.155 60 1.2 0.11 0.07
B1RC107 489748 7687565 RC 29 -90 0 13 14 1 0.4 0.42 140 0.62 0.08 0.11
B1RC108 489789 7687535 RC 19 -90 0 No Significant Intercepts
B1RC109 489689 7687483 RC 16 -90 0 No Significant Intercepts
B1RC110 489728 7687451 RC 9 -90 0 0 1 1 0.25 0.68 Not assayed 0.29
B1RC111 489745 7687387 RC 12 -90 0 No Significant Intercepts
B1RC112 489691 7687730 RC 54 -90 0 21 23 2 0.64 0.7 230 0.36 0.06 0.05
B1RC113 489675 7687742 RC 55 -90 0 48 50 2 0.33 0.52 117 0.57 0.08 0.29
B1RC114 489729 7687890 RC 96 -90 0 No Significant Intercepts
B1RC115 489612 7687787 RC 45 -90 0 15 40 25 0.57 0.82 260 0.84 0.15 0.06
B1RC116 489704 7687784 RC 69 -90 0 44 45 1 0.43 0.78 250 1 0.075 0.05
B1RC117 489771 7687860 RC 87 -90 0 59 60 1 0.16 0.72 100 1.1 0.06 0.15
B1RC118 489801 7687903 RC 117 -90 0 63 64 1 1.1 1 340 0.79 0.09 0.02
78 79 1 5.7 0.73 270 2.3 0.14 0.172
92 98 6 0.3 0.58 120 0.67 0.12 0.05
B1RC119 489721 7687772 RC 80 -90 0 40 43 3 0.82 0.88 463 0.35 0.07 0.06
B1RC121 489583 7687765 RC 50 -90 0 3 27 24 0.62 0.96 243 0.79 0.14 0.07 Including 5m at
1.4% Ni, 1.26%
Cu,1.05g/t Pd
B1RC122 489608 7687796 RC 60 -90 0 22 38 16 0.58 1.04 213 0.72 0.13 0.08
B1RC123 489631 7687836 RC 80 -90 0 55 58 3 0.66 1.09 229 0.65 0.12 0.05

Page 21 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm Pt ppm Au ppm Comments
B1RC124 488101 7686002 DD 331.6 -90 0 54 55 1 0.77 0.8 317 0.6 0.09 0.05
B1RC125 489658 7687876 RC 100 -90 0 74 80 6 0.68 1 236 0.7 0.13 0.06
B1RC126 489680 7687864 RC 100 -90 0 77 79 2 0.45 0.77 191 0.54 0.09 0.04
B1RC127 489898 7687957 DD 145.7 -90 0 54 55 1 1.07 0.59 473 0.37 0.05 0.01
58 59 1 1.21 0.82 477 0.29 0.06 0.03
66 67 1 1.52 0.77 393 0.44 0.05 0.02
B1RC128 489914 7687980 DD 154 -90 0 38 39 1 0.31 0.79 190 0.52 0.03 0.01
59 60 1 0.2 0.26 89 0.97 0.05 0.08
B1RC129 489899 7688013 DD 164.6 -90 0 No Significant Intercepts
B1RC130 489789 7687845 RC 110 -90 0 No Significant Intercepts
B1RC131 489742 7687939 RC 130 -90 0 No Significant Intercepts
B1RC132 489817 7687886 RC 130 -90 0 81 82 1 1.36 0.63 670 0.51 0.04 0.05
B1RC133 489778 7687978 RC 150 -90 0 No Significant Intercepts
B1RC134 489873 7687967 RC 150 -90 0 No Significant Intercepts
B1RC135 489798 7687775 RC 100 -90 0 63 64 1 0.29 0.77 148 0.65 0.1 0.22
B1RC136 489614 7687798 RC 50 -90 0 20 38 18 0.53 1.09 243 0.83 0.18 0.07
B1RC137 489622 7687792 RC 50 -90 0 23 37 14 0.58 0.93 241 0.63 0.13 0.07
B1RC138 489631 7687786 RC 50 -90 0 32 33 1 0.87 1.76 274 0.545 0.13 0.04
B1RC139 489625 7687778 RC 50 -90 0 27 30 3 0.55 1.15 218 0.64 0.13 0.05
B1RC140 489602 7687781 RC 45 -90 0 12 30 18 0.59 0.95 236 0.76 0.14 0.06 Including 3m at
1.46% Ni,
1.42% Cu,
1.5g/t Pd
B1RC141 489611 7687775 RC 45 -90 0 16 26 10 0.62 0.93 219 0.67 0.14 0.06
B1RC142 489619 7687769 RC 45 -90 0 No Significant Intercepts
B1RC143 489588 7687779 RC 40 -90 0 12 26 14 0.4 0.86 182 0.59 0.12 0.08
B1RC144 489596 7687773 RC 40 -90 0 8 26 18 0.72 1 295 0.81 0.16 0.08
B1RC145 489605 7687767 RC 40 -90 0 18 23 5 0.39 0.68 212 0.67 0.13 0.07

Page 22 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
B1RC146 489591 7687765 RC 40 -90 0 12 21 9 0.59 0.86 267 0.7 0.14 0.06
B1RC147 489599 7687759 RC 40 -90 0 0 4 4 0.14 0.26 111 2.14 0.05 0.03
21 23 2 1.65 0.44 570 0.41 0.08 0.04
B1RC148 489568 7687768 RC 30 -90 0 11 13 2 0.43 0.66 210 1.67 0.12 0.1
16 19 3 0.33 1.04 213 0.52 0.14 0.09
B1RC149 489576 7687762 RC 30 -90 0 5 23 18 0.96 1.13 385 0.83 0.16 0.09
B1RC150 489585 7687756 RC 30 -90 0 2 3 1 0.24 1.87 141 1.44 0.95 3.82
12 16 4 0.57 0.75 255 0.51 0.14 0.06
B1RC151 489562 7687760 RC 30 -90 0 3 12 9 0.47 0.81 279 0.45 0.12 0.14
B1RC152 489570 7687754 RC 30 -90 0 2 3 1 0.85 0.78 359 0.6 0.15 0.03
7 14 7 0.68 0.86 313 0.73 0.18 0.06
B1RC153 489579 7687748 RC 30 -90 0 10 15 5 0.41 0.65 202 0.5 0.12 0.05
B1RC154 489587 7687742 RC 30 -90 0 No Significant Intercepts
B1RC155 489595 7687736 RC 30 -90 0 No Significant Intercepts
B1RC156 489607 7687753 RC 40 -90 0 16 18 2 0.32 0.84 170 0.37 0.07 0.06
B1RC157 489563 7687797 RC 40 -90 0 No Significant Intercepts
B1RC158 489580 7687785 RC 40 -90 0 16 28 12 0.64 1.09 251 0.8 0.1 0.1
B1RC159 489592 7687801 RC 50 -90 0 36 38 2 0.51 1.61 291 0.73 0.12 0.2
B1RC160 489598 7687810 RC 52 -90 0 24 25 1 0.75 2.2 305 1.31 0.13 0.11
38 40 2 0.54 1.8 261 0.91 0.17 0.18
B1RC161 489640 7687817 RC 80 -60 181.4 49 62 13 0.44 0.87 191 0.81 0.14 0.07
B1RC162 489673 7687793 RC 80 -60 181.4 58 61 3 0.77 0.94 260 0.59 0.13 0.08
B1RC163 489784 7687914 RC 140 -60 181.4 88 89 1 1.57 2.88 487 0.58 0.09 0.13
97 111 14 0.54 0.71 220 0.69 0.13 0.06
B1RC164 489872 7687914 RC 150 -60 181.4 117 118 1 0.53 0.72 215 0.58 0.03 0.06
128 129 1 0.61 0.79 234 0.7 0.09 0.09
B1RC165 489797 7687968 RC 140 -60 181.4 No Significant Intercepts

Page 23 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm Pt ppm Au ppm Comments
B1RC166 489660 7688106 RC 150 -60 181.4 Not Assayed
B1RCD120 489819 7687928 DD 129 -90 0 94 96 2 0.51 0.42 210 1.21 0.39 0.39
103 113 10 0.45 0.65 150 0.85 0.13 0.06
B2MET1 487916 7685983 PERC 126 -90 0 55 70 15 0.71 1.01 249 0.74 0.14 Not assayed
B2RC01 488274 7686150 RC 186 -90 0 No Significant Intercepts
B2RC02 488315 7686241 RC 200 -90 0 138 144 6 Not assayed Not assayed Not assayed 0.67 0.1 0.704
B2RC03 488357 7686332 RC 162 -90 0 No Significant Intercepts
B2RC04 488399 7686422 RC 150 -90 0 115 117 2 Not assayed Not assayed Not assayed 0.597 0.06 0.125
B2RC045 487524 7685146 RC 264 321.5 -90 250 264 14 0.81 0.99 369 0.69 0.122 0.28 Including 1m at
3.71% Ni,
1.14% Cu from
260m
B2RC046 487503 7685077 RC 273 288.5 -90 266 273 7 0.41 1.15 251 0.44 0.07 0.26
B2RC047 488422 7686629 RC 79 236.5 -89 77 79 2 0.59 0.88 430 0.93 0.11 0.06
B2RC048 487494 7685093 RC 273 114 -80 271 273 2 0.74 0.92 300 0.61 0.18 0.06
B2RC049 487475 7685217 RC 67.838 116 -80 Not Assayed
B2RC05 488440 7686513 RC 150 -90 0 No Significant Intercepts
B2RC050 488293 7686453 RC 82 117 -80 78 82 4 0.73 0.73 337 0.43 0.07 0.03
B2RC051 488325 7686511 RC 82 116.5 -81 80 82 2 0.55 0.7 270 0.7 0.08 0.04
B2RC052 488277 7686387 RC 92 118 -80 89 92 3 1.16 0.49 593 0.46 0.05 0.06 Including 1m at
2.42% Ni,
0.78% Cu, 0.88
g/t Pd from
90m
B2RC053 488250 7686325 RC 116 120 -80 115 116 1 0.53 0.41 250 0.48 0.04 0.05
B2RC054 488010 7686098 RC 127 131.5 -80 112 114 2 1.25 0.57 595 0.57 0.095 0.03
118 127 9 0.71 1.07 297 0.8 0.15 0.07
B2RC055 488159 7686421 RC 60.009 116.5 -80 No Significant Intercepts
B2RC056 488021 7686122 RC 127 116.5 -80 112 127 15 0.58 0.97 228 0.79 0.15 0.06
B2RC057 488028 7686147 RC 122 116.5 -80 111 122 11 0.66 1.32 250 1.01 0.21 0.02

Page 24 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm Pt ppm Au ppm Comments
B2RC058 488301 7686434 RC 91 120.5 -80 69 74 5 0.36 0.59 164 0.42 0.07 0.05
89 91 2 1.08 0.67 2130 2.05 0.06 0.09
B2RC059 488242 7686342 RC 66.408 117.5 -70 No Significant Intercepts
B2RC06 488461 7686559 RC 150 -90 0 No Significant Intercepts
B2RC060 487961 7686060 RC 125 161.5 -75 103 105 2 0.91 0.73 355 0.49 0.08 0.06
110 125 15 0.67 0.84 264 0.83 0.14 0.08
B2RC061 487934 7686013 RC 124 126.5 -75 108 112 4 1.09 0.59 482 0.57 0.07 0.05
121 124 3 0.5 0.85 230 0.59 0.11 0.05
B2RC062 487910 7685948 RC 104 121.5 -80 92 94 2 0.42 0.55 205 0.53 0.1 0.07
101 104 3 0.78 0.88 306 0.91 0.17 0.09
B2RC063 488005 7686103 RC 126 115.5 -80 111 126 15 0.9 1.03 345 1 0.18 0.07
B2RC064 488015 7686125 RC 128 118.5 -80 112 128 16 0.61 0.81 228 0.67 0.16 0.09
B2RC07 488482 7686604 RC 125 -90 0 No Significant Intercepts
B2RC08 488524 7686695 RC 120 -90 0 Not Assayed
B2RC09 488204 7686237 RC 150 -90 0 No Significant Intercepts
B2RC1 487859 7685901 PERC 132 -90 0 No Significant Intercepts
B2RC10 488233 7686301 RC 140 -90 0 96 97 1 Not assayed Not assayed Not assayed 0.339 0.57 0.035
B2RC11 488247 7686355 RC 120 -90 0 108 109 1 Not assayed Not assayed Not assayed 0.507 0.069 0.981
B2RC12 488274 7686414 RC 140 -90 0 Not Assayed
B2RC13 488386 7686780 RC 80 -90 0 Not Assayed
B2RC14 488405 7686772 RC 84 -90 0 No Significant Intercepts
B2RC15 488423 7686763 RC 80 -90 0 35 39 4 Not assayed Not assayed Not assayed 0.727 0.156 0.05
B2RC16 488441 7686755 RC 80 -90 0 No Significant Intercepts
B2RC17 488416 7686700 RC 100 -90 0 No Significant Intercepts
B2RC18 488403 7686673 RC 80 -90 0 No Significant Intercepts
B2RC19 488391 7686646 RC 100 -90 0 No Significant Intercepts
B2RC2 487805 7685814 PERC 112 -90 0 138 144 6 0.32 0.53 153 0.67 0.1 Not assayed

Page 25 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm Pt ppm Au ppm Comments
B2RC20 488362 7686725 RC 60 -90 0 Not Assayed
B2RC21 488380 7686717 RC 80 -90 0 38 52 14 Not assayed Not assayed Not assayed 0.957 0.15 0.075
B2RC22 488398 7686709 RC 80 -90 0 39 51 12 Not assayed Not assayed Not assayed 0.7 0.11 0.03
B2RC23 488337 7686671 RC 68 -90 0 Not Assayed
B2RC24 488355 7686662 RC 80 -90 0 32 45 13 Not assayed Not assayed Not assayed 0.64 0.13 Not assayed
B2RC25 488373 7686654 RC 80 -90 0 32 33 1 Not assayed Not assayed Not assayed 0.933 0.054 Not assayed
B2RC26 488316 7686625 RC 70 -90 0 No Significant Intercepts
B2RC27 488334 7686617 RC 80 -90 0 33 53 19 0.87 0.95 263 0.85 0.94 Not assayed Including 1m at
3.54% Ni from
33m
B2RC28 488352 7686609 RC 80 -90 0 58 59 1 Not assayed Not assayed Not assayed 0.693 0.13 Not assayed
B2RC29 488370 7686600 RC 102 -90 0 56 58 2 Not assayed Not assayed Not assayed 0.72 0.08 Not assayed
B2RC3 487617 7685461 PERC 46 -90 0 No Significant Intercepts
B2RC30 488340 7686581 RC 90 -90 0 29 30 1 Not assayed Not assayed Not assayed 0.52 0.08 Not assayed
B2RC31 488358 7686573 RC 120 -90 0 No Significant Intercepts
B2RC32 488270 7686525 RC 80 -90 0 51 60 9 0.74 1.46 281 0.71 0.12 Not assayed
B2RC33 488288 7686517 RC 98 -90 0 53 70 17 0.62 0.76 227 0.65 0.12 0.05
B2RC34 488306 7686509 RC 120 -90 0 69 70 1 0.49 0.50 200 0.545 0.098 0.07
B2RC35 488324 7686500 RC 140 -90 0 No Significant Intercepts
B2RC36 488299 7686468 RC 120 -90 0 No Significant Intercepts
B2RC37 488228 7686363 RC 110 -90 0 59 60 1 0.59 0.56 300 0.93 0.075 0.04
B2RC38 488539 7686512 RC 199 -90 0 Not Assayed
B2RC39 488201 7686447 RC 80 -90 0 Not Assayed
B2RC4 487446 7685210 PERC 115 -90 0 111 112 1 0.32 0.42 130 0.52 0.091 Not assayed
115 117 2 0.43 0.51 160 0.6 0.06 Not assayed
B2RC40 487865 7685523 RC 198 -90 0 178 179 1 0.33 0.12 220 0.96 0.018 0.02
B2RC41 487744 7685535 RC 185 -90 0 169 170 1 0.79 0.51 420 0.58 0.08 0.13
B2RC42 487782 7685605 RC 200 -90 0 148 149 1 0.42 0.87 250 0.615 0.119 0.102

Page 26 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
B2RC43 487832 7685594 RC 220 -90 0 83 84 1 0.34 0.35 130 0.56 0.093 0.132
B2RC5 487448 7685215 PERC 180 -90 0 No Significant Intercepts
B2RC6 488069 7686242 PERC 132 -90 0 No Significant Intercepts
B2RC7 487986 7686059 PERC 180 -90 0 No Significant Intercepts
B2RC9 488040 7686154 PERC 168 -90 0 92 93 1 0.701 3.17 410 0.137 0.17 Not assayed
109 110 1 1.72 0.49 910 0.47 0.05 Not assayed
B2RCD044 487513 7685112 DD 265.84 143.5 -87.9 258 265.84 7.84 1.64 1.45 718 0.77 0.14 0.33 Including
1.84m at 5.27%
Ni, 1.19% Cu,
0.66 g/t Pd,
2157ppm Co
FOSP1 488038 7686149 PERC 168 -60 330 Gold only assays- No Significant Intercepts
FOSP10 488004 7686170 PERC 168 -60 330 Gold only assays- No Significant Intercepts
FOSP11 487952 7686074 PERC 188 -60 330 Gold only assays- No Significant Intercepts
FOSP12 487933 7685975 PERC 128 -60 330 Gold only assays- No Significant Intercepts
FOSP13 487899 7685991 PERC 128 -60 330 Gold only assays- No Significant Intercepts
FOSP14 487880 7686000 PERC 130 -60 330 Gold only assays- No Significant Intercepts
FOSP15 487823 7685805 PERC 130 -60 330 Gold only assays- No Significant Intercepts
FOSP16 487787 7685822 PERC 110 -60 330 19 21 2 Not assayed 2.23
FOSP17 487732 7685686 PERC 140 -60 330 23 25 2 Not assayed 0.74
FOSP18 487684 7685528 PERC 292 -60 330 Gold only assays- No Significant Intercepts
FOSP19 487635 7685453 PERC 228 -60 330 5 6 1 Not assayed 2.57
8 9 1 Not assayed 0.86
11 12 1 Not assayed 0.55
18 20 2 Not assayed 3.5
FOSP2 487526 7685335 PERC 180 -60 330 Gold only assays- No Significant Intercepts
FOSP20 487466 7685208 PERC 226 -60 330 13 14 1 Not assayed 0.91
23 24 1 Not assayed 0.68

Page 27 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
FOSP21 487314 7684834 PERC 318 -60 330 9 10 1 Not assayed 0.69
26 28 2 Not assayed 0.54
FOSP22 487237 7684650 PERC 356.5 -60 330 22 23 1 Not assayed 0.67
26 27 1 Not assayed 5.85
FOSP23 487337 7684824 PERC 338.2 -60 330 Gold only assays- No Significant Intercepts
FOSP24 487822 7685477 PERC 268 -60 330 Gold only assays- No Significant Intercepts
FOSP25 487960 7685797 PERC 225 -60 60 7 8 1 Not assayed 1.53
FOSP26 488249 7686431 PERC 300 -60 60 Gold only assays- No Significant Intercepts
FOSP27 488195 7686186 PERC 200 -60 60 Gold only assays- No Significant Intercepts
FOSP28 488088 7686232 PERC 194 -60 60 Gold only assays- No Significant Intercepts
FOSP29 487841 7685910 PERC 200 -60 60 Gold only assays- No Significant Intercepts
FOSP3 487936 7686023 PERC 240 -60 330 Gold only assays- No Significant Intercepts
FOSP30 487180 7684565 PERC 444 -60 60 Gold only assays- No Significant Intercepts
FOSP31 487266 7684745 PERC 348 -60 60 Gold only assays- No Significant Intercepts
FOSP32 487423 7685105 PERC 280 -60 60 Gold only assays- No Significant Intercepts
FOSP33 487559 7685382 PERC 228 -60 295 Gold only assays- No Significant Intercepts
FOSP34 488163 7686200 PERC 116 -60 295 15 16 1 Not assayed 0.63
25 26 1 Not assayed 0.81
28 30 2 Not assayed 5.73
FOSP35 488167 7686254 PERC 110 -60 295 Gold only assays- No Significant Intercepts
FOSP36 488149 7686262 PERC 90 -60 295 Gold only assays- No Significant Intercepts
FOSP37 488188 7686319 PERC 96 -60 295 21 23 2 Not assayed 3.58
27 28 1 Not assayed 0.51
FOSP38 488174 7686327 PERC 92 -60 295 Gold only assays- No Significant Intercepts
FOSP39 487541 7685390 PERC 160 -60 295 Gold only assays- No Significant Intercepts
FOSP4 487523 7685399 PERC 190 -60 330 Gold only assays- No Significant Intercepts
FOSP40 487492 7685353 PERC 168 -60 295 Gold only assays- No Significant Intercepts

Page 28 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
FOSP41 487480 7685306 PERC 180 -60 295 Gold only assays- No Significant Intercepts
FOSP42 487499 7685296 PERC 182 -60 295 Gold only assays- No Significant Intercepts
FOSP43 487582 7685430 PERC 198 -60 295 Gold only assays- No Significant Intercepts
FOSP44 487714 7685694 PERC 130 -60 295 Gold only assays- No Significant Intercepts
FOSP45 487764 7685672 PERC 154 -60 295 Gold only assays- No Significant Intercepts
FOSP46 487711 7685643 PERC 146 -60 295 29 31 2 Not assayed 3.5
FOSP47 487730 7685631 PERC 160 -60 295 10 13 3 Not assayed 4.14
23 24 1 Not assayed 0.59
FOSP48 487738 7685582 PERC 172 -60 295 21 22 1 Not assayed 0.52
FOSP49 487754 7685730 PERC 126 -60 295 4 7 3 Not assayed 1.1
21 26 5 Not assayed 0.73
FOSP5 487225 7684543 PERC 364 -60 330 5 6 1 Not assayed 4.52
9 10 1 Not assayed 0.556
FOSP50 487736 7685737 PERC 124 -60 295 7 8 1 Not assayed 2.49
15 16 1 Not assayed 0.64
20 21 1 Not assayed 1.04
23 24 1 Not assayed 0.61
FOSP51 487246 7684537 PERC 370 -60 295 Gold only assays- No Significant Intercepts
FOSP52 488194 7686384 PERC 90 -60 295 17 19 2 Not assayed 0.73
FOSP53 488215 7686375 PERC 96 -60 25 11 13 2 Not assayed 0.93
FOSP54 488261 7686485 PERC 74 -60 25 Gold only assays- No Significant Intercepts
FOSP55 487400 7684955 PERC 300 -60 25 Gold only assays- No Significant Intercepts
FOSP56 487460 7685092 PERC 246 -60 25 9 10 1 Not assayed 0.84
FOSP57 487393 7684903 PERC 294 -60 25 Gold only assays- No Significant Intercepts
FOSP58 487370 7684804 PERC 336 -60 25 16 17 1 Not assayed 0.6
FOSP59 487419 7685056 PERC 260 -60 25 24 25 1 Not assayed 0.67
34 35 1 Not assayed 3.8

Page 29 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm
Pd ppm
Pt ppm		 Au ppm Comments
FOSP6 487277 7684626 PERC 352 -60 330 10 16 6 Not assayed 0.63
FOSP60 488255 7686494 DD 78.3 -60 25 15 20 5 Not assayed 6.78 Including 1m
at 31g/t Au
from 15m
24 27 3 Not assayed 0.92
FOSP61 487386 7684991 RC 310 -60 25 22 23 1 Not assayed 0.66
FOSP62 487364 7684922 RC 310 -60 25 Not Assayed
FOSP63 488283 7686473 RC 100 -60 25 17 22 5 Not assayed 0.46
FOSP64 487355 7684938 RC 310 -60 25 0 1 1 Not assayed 0.6
21 23 2 Not assayed 2.86
FOSP65 487336 7685062 RC 99 -60 25 0 1 1 Not assayed 1.2
4 5 1 Not assayed 3.9
FOSP66 488154 7686298 RC 100 -60 25 20 23 3 Not assayed 0.95
FOSP67 488186 7686355 RC 100 -60 25 5 12 7 Not assayed 0.5
23 24 1 Not assayed 3.3
FOSP68 488139 7686232 RC 140 -60 25 28 29 1 Not assayed 0.86
FOSP69 488111 7686169 RC 150 -60 25 25 30 5 Not assayed 0.65
FOSP7 487871 7685942 RC 140 -60 330 Gold only assays- No Significant Intercepts
FOSP70 488020 7686265 RC 160 -60 25 34 37 3 Not assayed 6.63 Including 1m at
19g/t Au from
36m
FOSP71 487882 7685966 RC 142 -60 25 6 7 1 Not assayed 17
12 13 1 Not assayed 9
FOSP72 487889 7685992 RC 140 -60 25 Gold only assays- No Significant Intercepts
FOSP73 488162 7686279 RC 140 -60 25 Gold only assays- No Significant Intercepts
FOSP74 488103 7686187 RC 140 -60 25 Gold only assays- No Significant Intercepts
FOSP75 487822 7685905 RC 140 -60 0 2 3 1 Not assayed 1.9
FOSP76 487796 7685857 RC 140 -60 0 23 24 1 Not assayed 0.54
FOSP77 487771 7685792 RC 140 -60 0 31 35 4 Not assayed 0.6

Page 30 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
41 42 1 Not assayed 1.5
FOSP78 487866 7685947 RC 140 -60 0 9 10 1 Not assayed 9.9
FOSP79 487876 7685970 RC 140 -60 0 19 21 2 Not assayed 0.76
26 27 1 Not assayed 0.68
48 50 2 Not assayed 0.57
FOSP8 488273 7686150 RC 186 -60 330 Gold only assays- No Significant Intercepts
FOSP80 488232 7686300 RC 140 -60 0 14 16 2 Not assayed 0.73
31 36 5 Not assayed 0.95
38 40 2 Not assayed 0.68
FOSP81 488247 7686354 RC 120 -60 0 4 5 1 Not assayed 0.65
19 20 1 Not assayed 3.1
24 25 1 Not assayed 0.69
27 28 1 Not assayed 0.55
33 34 1 Not assayed 1
FOSP82 488274 7686413 RC 140 -60 0 5 6 1 Not assayed 1.4
28 30 2 Not assayed 15.3
33 34 1 Not assayed 0.7
48 49 1 Not assayed 0.98
FOSP83 488388 7686778 RC 80 -60 0 31 45 14 Not assayed 1.22
FOSP84 488406 7686770 RC 84 -60 0 0 1 1 Not assayed 0.7
FOSP85 488425 7686761 RC 80 -60 0 16 19 3 Not assayed 23.2 Including 1m
at 68g/t Au
from 16m
FOSP86 488443 7686753 RC 80 -60 0 Gold only assays- No Significant Intercepts
FOSP87 488418 7686699 RC 100 -60 0 Not Assayed
FOSP88 488405 7686671 RC 80 -60 0 Not Assayed
FOSP89 488392 7686644 RC 100 -60 0 29 30 1 Not assayed 5.5
FOSP9 488315 7686241 RC 200 -60 330 Gold only assays- No Significant Intercepts

Page 31 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
FOSP90 488363 7686724 RC 60 -60 0 20 21 1 Not assayed 2.2
24 25 1 Not assayed 0.73
FOSP91 488383 7686715 RC 80 -60 0 12 17 5 Not assayed 0.84
21 22 1 Not assayed 0.82
FOSP92 488396 7686709 RC 80 -60 0 Not Assayed
FOSP93 488340 7686668 RC 68 -60 0 Gold only assays- No Significant Intercepts
FOSP94 488355 7686661 RC 80 -60 0 Gold only assays- No Significant Intercepts
FOSP95 488374 7686653 RC 80 -60 0 44 45 1 Not assayed 0.65
47 48 1 Not assayed 1.5
FOSP96 488316 7686624 RC 80 -60 0 16 17 1 Not assayed 1.1
FOSP97 488333 7686617 RC 80 -60 0 Gold only assays- No Significant Intercepts
FOSP98 488353 7686607 RC 80 -60 115 16 18 2 Not assayed 1.18
26 27 1 Not assayed 0.73
32 33 1 Not assayed 4.3
RBRC001 490340 7687557 RC 170 -90 0 No Significant Intercepts
RBRC002 490290 7687557 RC 170 -90 0 No Significant Intercepts
RBRC003 490240 7687557 RC 170 -90 0 No Significant Intercepts
RBRC004 490540 7687457 RC 170 -90 0 No Significant Intercepts
RBRC005 490490 7687457 RC 170 -90 0 No Significant Intercepts
RBRC006 490440 7687457 RC 170 -90 0 No Significant Intercepts
RBRC007 490540 7687357 RC 170 -90 0 No Significant Intercepts
RBRC008 490490 7687357 RC 170 -90 0 No Significant Intercepts
RBRC009 490440 7687357 RC 170 -90 0 No Significant Intercepts
RBRC010 490390 7687357 RC 170 -90 0 No Significant Intercepts
RBRC011 490490 7687257 RC 170 -90 0 No Significant Intercepts
RBRC012 490440 7687257 RC 170 -90 0 No Significant Intercepts
RBRC013 490390 7687257 RC 170 -90 0 No Significant Intercepts

Page 32 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
SB2RC001 488374 7686741 RC 109 -60 86 43 63 20 0.74 0.97 249 0.91 0.2 0.14
SB2RC002 488371 7686599 RC 102 -60 90 33 38 5 0.53 0.68 164 0.58 0.15 0.12
43 61 18 0.89 0.86 334 0.71 0.13 0.04 EOH in
mineralisation
SB2RC003 488357 7686332 RC 162 -71 90 No Significant Intercepts
SB2RC004 488340 7686580 RC 90 -60 90 45 58 13 0.95 0.43 266 0.94 0.19 0.09
SB2RC005 488358 7686572 RC 120 -60 90 29 36 7 0.52 0.98 151 0.65 0.15 0.06
43 58 15 0.91 0.94 331 0.85 0.14 0.05
SB2RC006 488271 7686524 RC 80 -60 90 51 56 5 1.2 0.88 372 0.75 0.15 0.04
SB2RC007 488288 7686516 RC 98 -60 100 38 59 21 0.82 0.89 283 0.85 0.15 0.06
SD391 488307 7686508 RC 120 -90 0 37.5 42.8 5.3 1.34 0.76 Not assayed
SP301 488325 7686499 RC 140 -90 0 100 102 2 0.57 0.65 Not assayed
108 112 4 0.77 1.05 Not assayed
124 134 10 0.85 1.02 Not assayed
SP302 488299 7686467 RC 120 -90 0 120 122 2 0.52 0.19 Not assayed
SP303 488229 7686362 RC 110 -90 0 102 106 4 1.09 0.55 Not assayed
SP305 488537 7686512 RC 200 -90 0 152 168 16 1.29 1.27 Not assayed Including 2m at
2.77% Ni and
1.82% Cu from
160m
SP306 488201 7686446 RC 80 -90 0 No Significant Intercepts
SP386 488398 7686422 RC 150 -90 0 Not Assayed
SP387 487864 7685523 RC 198 -90 0 Not Assayed
SP388 487743 7685534 RC 186 -90 0 Not Assayed
SP389 487781 7685605 RC 200 -90 0 Not Assayed
SP390 487830 7685593 RC 220 -90 0 Not Assayed
SP392 488440 7686513 RC 150 -90 0 Not Assayed
SP393 488461 7686559 RC 150 -90 0 38 48 10 0.97 0.84 Not Assayed 0.18
SP394 488482 7686604 RC 125 -90 0 Not Assayed

Page 33 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm		 Comments
SP395 488523 7686695 RC 120 -90 0 42 50 8 0.85 1.07 Not assayed
SP396 488203 7686237 RC 150 -90 0 Not Assayed
SP397 487374 7684957 DD 308.8 -90 0 38 48 10 1.11 1.39 382 Not Assayed 0.1
SPD304 487403 7685624 RC 259.6 -90 0 251.7 255.7 4 0.68 1 Not assayed
258.2 259.6 1.4 4.54 1.57 Not assayed
SRRC01 492040 7686657 RC 102 -60 180 No Significant Intercepts
SRRC02 492040 7686707 RC 120 -60 180 No Significant Intercepts
SRRC03 492040 7686757 RC 120 -60 180 No Significant Intercepts
SRRC04 492090 7686657 RC 120 -60 180 No Significant Intercepts
SRRC05 492090 7686707 RC 120 -60 180 No Significant Intercepts
SRRC06 490140 7687907 RC 150 -60 180 No Significant Intercepts
SRRC07 490140 7687957 RC 150 -60 180 No Significant Intercepts
SRRC08 490140 7688007 RC 150 -60 180 No Significant Intercepts
SRRC09 490140 7688057 RC 150 -60 180 No Significant Intercepts
SRRC1 492036 7686662 RC 102 -60 180 No Significant Intercepts
SRRC10 490140 7688107 RC 150 -60 180 No Significant Intercepts
SRRC11 490140 7688157 RC 162 -60 180 No Significant Intercepts
SRRC12 490340 7687807 RC 174 -60 180 No Significant Intercepts
SRRC13 490340 7687857 RC 172 -60 180 No Significant Intercepts
SRRC14 490340 7687907 RC 180 -60 180 No Significant Intercepts
SRRC15 490340 7687957 RC 150 -60 180 No Significant Intercepts
SRRC16 490340 7688007 RC 150 -60 180 No Significant Intercepts
SRRC17 490340 7688057 RC 150 -60 180 No Significant Intercepts
SRRC18 490540 7687797 RC 150 -60 180 No Significant Intercepts
SRRC19 490540 7687847 RC 150 -60 180 No Significant Intercepts
SRRC2 492415 7687017 PERC 32.9 -60 181 No Significant Intercepts
SRRC20 490540 7687897 RC 150 -60 180 No Significant Intercepts

Page 34 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From To Interval Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Ni %
Cu %
Co ppm		 Pd ppm Pt ppm Au ppm Comments
SRRC21 490540 7687957 RC 150 -60 180 No Significant Intercepts
SRRC22 490740 7687757 RC 150 -60 180 No Significant Intercepts
SRRC23 490740 7687807 RC 160 -60 180 No Significant Intercepts
SRRC24 490740 7687657 RC 150 -60 180 No Significant Intercepts
SRRC25 490740 7687857 RC 150 -60 180 No Significant Intercepts
SRRC26 490740 7687907 RC 150 -60 180 No Significant Intercepts
SRRC27 490940 7687507 RC 150 -60 180 No Significant Intercepts
SRRC28 490940 7687557 RC 150 -60 180 No Significant Intercepts
SRRC29 490940 7687607 RC 150 -60 180 No Significant Intercepts
SRRC3 492399 7687034 PERC 46.9 -60 181 No Significant Intercepts
SRRC30 491140 7687457 RC 150 -60 180 No Significant Intercepts
SRRC31 491140 7687507 RC 180 -60 180 No Significant Intercepts
SRRC32 491140 7687407 RC 126 -60 180 No Significant Intercepts
SRRC33 491290 7687257 RC 172 -60 180 No Significant Intercepts
SRRC34 491290 7687307 RC 168 -60 180 No Significant Intercepts
SRRC35 491290 7687357 RC 168 -60 180 No Significant Intercepts
SRRC36 491290 7687407 RC 150 -60 180 No Significant Intercepts
SRRC37 491290 7687457 RC 172 -60 180 No Significant Intercepts
SRRC38 491290 7687507 RC 160 -60 180 No Significant Intercepts
SRRC39 491290 7687557 RC 160 -60 180 No Significant Intercepts
SRRC4 492587 7687043 PERC 32.9 -60 181 No Significant Intercepts
SRRC40 491540 7686707 RC 156 -60 180 No Significant Intercepts
SRRC41 491540 7686757 RC 148 -60 180 No Significant Intercepts
SRRC42 491540 7686807 RC 150 -60 180 No Significant Intercepts
SRRC43 491540 7686857 RC 125 -60 180 117 125 8 0.42 0.62 205 0.52 0.106 0.04
SRRC43A 491540 7686860 RC 156 -60 180 123 126 3 1.53 1.08 546 0.42 0.08 0.03 Including 1m at
3.17% Ni,
1.03% Cu,

Page 35 of 41

ASX RELEASE | 13th September 2021

Hole Easting Northing Type Maximum Depth Dip Azimuth From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments		 From
To
Interval
Ni %
Cu %
Co ppm
Pd ppm
Pt ppm
Au ppm
Comments
1050ppm Co
from 123m
SRRC44 491540 7686907 RC 168 -60 180 156 157 1 0.506 0.816 216 0.676 0.05 0.06
SRRC45 491450 7686867 RC 150 -60 180 No Significant Intercepts
SRRC46 491440 7686807 RC 120 -60 180 106 109 3 0.88 1.05 341 0.43 0.09 0.04
SRRC47 490150 7687932 RC 180 -60 181.4 No Significant Intercepts
SRRC48 490140 7687857 RC 200 -60 181.4 132 136 0.22 0.61 127 0.69 0.06 0.07
SRRC49 491640 7686707 RC 72 -60 180 1 2 1 0.28 0.23 170 0.547 0.049 0.07
SRRC5 492589 7687031 PERC 39 -60 181 No Significant Intercepts
SRRC50 491640 7686757 RC 100 -60 180 No Significant Intercepts
SRRC51 491640 7686807 RC 124 -60 180 No Significant Intercepts
SRRC52 491640 7686857 RC 156 -60 180 142 145 3 0.53 0.74 251 0.57 0.13 0.04
SRRC53 491640 7686907 RC 180 -60 180 162 171 9 0.49 0.89 220 0.7 0.13 0.06
SRRC54 491740 7686707 RC 84 -60 180 No Significant Intercepts
SRRC55 491740 7686757 RC 96 -60 180 No Significant Intercepts
SRRC56 491740 7686807 RC 132 -60 180 117 118 2 0.32 0.49 143 0.56 0.08 0.18
SRRC57 491740 7686857 RC 156 -60 180 No Significant Intercepts
SRRC58 491940 7686757 RC 78 -60 180 No Significant Intercepts
SRRC59 491940 7686807 RC 102 -60 180 Not Assayed
SRRC6 490140 7687907 RC 150 -60 181.4 No Significant Intercepts
SRRC7 490140 7687957 RC 150 -60 181.4 No Significant Intercepts
SRRC8 490140 7688007 RC 150 -60 181.4 No Significant Intercepts
SRRC9 490140 7688057 RC 150 -60 181.4 No Significant Intercepts
SRRCD60 493102 7687003 DD 313.1 -90 0 No Significant Intercepts
SRRCD61 488101 7686002 DD 331.6 -90 0 Not Assayed

Page 36 of 41

ASX RELEASE | 13th September 2021

Table 3: JORC Code, 2012 Edition. Section 1.

Criteria JORC Code explanation Commentary
Sampling
techniques		 • Nature and quality of sampling (eg cut
channels, random chips, or specific
specialised industry standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or handheld
XRF instruments, etc). These examples
should not be taken as limiting the broad
meaning of sampling.
• Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.
• Aspects of the determination of
mineralisation that are Material to the
Public Report.
• In cases where ‘industry standard’ work
has been done this would be relatively
simple (eg ‘reverse circulation drilling was
used to obtain 1 m samples from which 3
kg was pulverised to produce a 30 g
charge for fire assay’). In other cases more
explanation may be required, such as
where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (eg
submarine nodules) may warrant
disclosure of detailed information.		 •
Reverse circulation and diamond drill rigs
were employed by previous explorers to
obtain samples of drill chips or core using
practices that were considered to be
industry standard at the time.
•
Sample collection procedures for drill
samples are not known.
Drilling
techniques		 • Drill type (eg core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc) and details (eg core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
_what method, etc). _		 •
Reverse circulation percussion and
diamond - both HQ and NQ sized core.
•
It is not known if a face sampling hammer
was used.
Drill sample
recovery		 • Method of recording and assessing core
and chip sample recoveries and results
assessed.
• Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
• Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.		 •
It is not known how or whether sample
recovery was monitored.
Logging • Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining		 •
Core and chip samples were geologically
logged. It is not known if core was
geotechnically logged.

ASX RELEASE | 13th September 2021

Criteria JORC Code explanation Commentary
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. _		 •
The data have not been used for Mineral
Resource estimation.
Sub-sampling
techniques
and sample
preparation		 • If core, whether cut or sawn and whether
quarter, half or all core taken.
• If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet
or dry.
• For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
• Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
• Measures taken to ensure that the
sampling is representative of the in situ
material collected, including for instance
results for field duplicate/second-half
sampling.
• Whether sample sizes are appropriate to
the grain size of the material being
_sampled. _		 •
Methods for splitting the drill samples and
relevant quality control procedures are
unknown to the CP. It is not known if
duplicate splits were collected or analysed.
•
Commercial laboratories followed standard
procedures for sample preparation to
produce sub-samples for analysis.
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. _		 •
Laboratory procedures and assaying are
considered appropriate by the CP for the
type of sample.
•
Laboratory quality control procedures are
not available for the samples.
Verification of
sampling and
assaying		 • The verification of significant intersections
by either independent or alternative
company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
• Discuss any adjustment to assay data.		 •
Significant intercepts have not been
verified by Raiden or independent
personnel, as the core is not available.
•
No drillholes have been twinned.
•
Because the data are historical, the
methods of data documentation,
verification and storage are not known.
•
As far as the CP is aware, no adjustments
have been made to assay data.

Page 38 of 41

ASX RELEASE | 13th September 2021

Criteria JORC Code explanation Commentary
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.		 •
Drillhole locations were either digitised from
historic maps or imported direct from digital
data obtained using the DMIRS' WAMEX
system. No field verification of drill collars
has been conducted to date.
•
Downhole surveys were not recorded for
RC holes and generally not recorded for
vertical diamond drillholes.
•
Co-ordinates are provided in the
Geocentric Datum of Australia (GDA94).
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. _		 •
Drillhole spacing is variable. Drill samples
were collected at a range of intervals up to
4m. .
•
Current reporting is for progressive
exploration results and not for Mineral
Resource or Ore Reserve estimation.
•
Sample compositing has not been applied.
Orientation of
data in
relation to
geological
structure		 • Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
• If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.		 •
Drillholes were oriented to result in
approximately perpendicular penetration of
the projected lodes.
•
No known sampling bias was introduced
because of the drill orientation.
Sample
security		 • The measures taken to ensure sample
security.		 •
Sample security measures are not known.
Audits or
reviews		 • The results of any audits or reviews of
sampling techniques and data.		 •
No reviews or audits have been
undertaken.

Table 4: JORC Code, 2012 Edition. Section 2.

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		 •Welcome Exploration tenements are
located in the City of Karratha within the
Pilbara region of Western Australia.
•The tenements are held by Welcome
Exploration Pty Ltd. Raiden Resources has
negotiated a deal to acquire an 80%
interest in the tenements.
• Tenements arelocated ontheMtWelcome

Page 39 of 41

ASX RELEASE | 13th September 2021

Criteria JORC Code explanation Commentary
of reporting along with any known
impediments to obtaining a licence to
_operate inthe area. _		 pastoral lease.
Exploration
done by other
parties		 • Acknowledgment and appraisal of
exploration by other parties.		 •A full search and compilation of historic
exploration has been completed.
• Work included stream sediment, soil and
rock sampling, geological mapping,
geophysical surveys, drilling, resource
estimation and mining studies.
Geology • Deposit type, geological setting and style
of mineralisation.		 •Magmatic Ni-Cu-PGE and orogenic gold
mineralisation..
•Paleoarchean greenstone rocks intruded by
Mesoarchean mafic-ultramafic intrusive
complex associated with widespread
disseminated to matrix and stringer
pyrrhotite-pentlandite-chalcopyrite
mineralisation. Mesoarchean mylonite in
the Sholl Shear Zone north of the property,
with lode gold mineralisation in related
subsidiary structures.
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. _		 •Drillhole data are tabulated in the body of
the announcement.
•RL is not provided as it is not considered
material.
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 _		 •High grades have not been cut.
•Cut off grades and treatment of internal
waste for drill intercepts are listed in the
body of the report.
•Metal equivalent values are not reported.

Page 40 of 41

ASX RELEASE | 13th September 2021

Criteria JORC Code explanation Commentary
examples of such aggregations should be
shown in detail.
• The assumptions used for any reporting of
metal equivalent values should be clearly
_stated. _
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’). _		 •Intercepts are quoted as downhole lengths;
holes were oriented roughly perpendicular
to mineralisation but the true width is 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. _		 •Maps and cross sections are included in the
body of the announcement.
Balanced
reporting		 • Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
_Exploration Results. _		 •All results are reported.
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. _		 •All relevant data are reported in this
release.
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.		 •Field work, including mapping and
sampling, to better evaluate mineralised
areas is planned.
•Ground geophysical surveys and
infill/extensional drilling will also be
undertaken.

Page 41 of 41

More from RAIDEN RESOURCES LIMITED

M&A Activity 2026
Jun 9
Regulatory Filings 2026
May 10
Interim / Quarterly Report 2026
Apr 26
Capital/Financing Update 2026
Apr 14
Interim / Quarterly Report 2026
Mar 10
Interim / Quarterly Report 2026
Jan 28
Share Issue/Capital Change 2026
Jan 18
Regulatory Filings 2026
Jan 6
Director's Dealing 2025
Nov 25
Declaration of Voting Results & Voting Rights Announcements 2025
Nov 19
View all filings →