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RAND MINING LIMITED — Interim / Quarterly Report 2017
Jan 23, 2018
65721_rns_2018-01-23_46b07b38-2b9b-4c73-9ad8-9d06ff42ebb6.pdf
Interim / Quarterly Report
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Seven Mile Hill Exploration Report
December 2017 Quarter
ASX ANNOUNCEMENT
24 January 2018
Australian Securities Exchange Code: RND
Rand Mining Ltd (ASX code: RND) has pleasure in providing the attached Exploration Report.
For further information, please contact:
Board of Directors:
Mr Otakar Demis Chairman and Joint Company Secretary
Mr Anton Billis Managing Director
Roland Berzins
E: [email protected]
Ph: +61 8 9474 2113
Mr Gordon Sklenka Non-Executive Director
Mr Roland Berzins Joint Company Secretary
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----- Start of picture text ----- Suite G1, 49 Melville ParadeSouth Perth WA 6151T: +61 8 9474 2113F: +61 8 9367 9386E: [email protected]W: www.randmining.com.auABN: 41 004 669 658----- End of picture text -----
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ACN 139 342 859
22[nd] January 2018
The Directors,
Rand Mining Ltd
Suite G1 49 Melville Pde
South Perth WA 6151
Quarterly Exploration Report December 2017
Dear Sirs,
The company had an active December quarter, with work carried out on the Seven Mile Hill Projects. A total of 178 holes for 5,384m were completed. The overall aim was to test various geochemical and structural targets for economic gold deposits.
Seven Mile Hill
Two auger geochemical targets were tested via east angled bedrock aircore or RAB drilling. A total of 76 holes for 1,255m of aircore and 102 holes for 4,129 of RAB were completed. The holes were drilled to blade refusal through a variable thickness of transported soil cover and into the oxidised bedrock below. Holes were drilled to give complete coverage across each line. The lines were 200m apart. The holes were sampled as 4m composites with samples being submitted to an independent lab for gold assay. No results have been received to date.
The holes intersected a suite of bedrock lithologies ranging from sandstones and felsic porphyry and conglomerates.
Office Address: 104 Colin St West Perth WA 6005
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Photo 1. Marking out Holes, 7MH
The locations of the holes is shown on the map below.
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----- Start of picture text ----- [] 6580500mN 6580500mN [] [] [] [] Tribune Resources LtdSeven Mile Hill ProjectAircore DrillingScale 29/04/16DATE 1 of 1SHEET1:5000 REF No. 1 Plotted with MICROMINE344500mE 345000mE 345500mE344500mE 345000mE 345500mE----- End of picture text -----
Figure 2 Aircore Drillhole Location Map – 7MH
Office Address: 104 Colin St West Perth WA 6005
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----- Start of picture text ----- Tribune Resources LtdSeven Mile Hill ProjectAircore DrillingDATE SHEETScale 29/04/16 1 of 11:10000 REF No. 1Plotted with MICROMINE [] [] []6585000mN 6585000mN [] [] [] []6584000mN 6584000mN []342000mE 343000mE342000mE 343000mE----- End of picture text -----
Figure 3 RAB Drillhole Location Map – 7MH
Office Address: 104 Colin St West Perth WA 6005
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Photo 2. RAB Drilling, 7MH
Competent Person:
Information in this report pertaining to mineral resources and exploration results was compiled by Mr MP Sullivan who is a member of Aus.I.M.M. Mr Sullivan is the chief geologist of Jemda Pty Ltd, consultants to the company. Mr Sullivan has sufficient experience which is relevant to the style of mineralisation and the type of deposit that is under consideration and to the activity that he is undertaking to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Sullivan consents to the inclusion in the report of the matters based on his information in the form and context in which is appears.
Office Address: 104 Colin St West Perth WA 6005