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RAND MINING LIMITED — Interim / Quarterly Report 2020
Oct 21, 2019
65721_rns_2019-10-21_a104851d-dc7e-4cc6-bd9f-bee6c109084e.pdf
Interim / Quarterly Report
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ASX ANNOUNCEMENT
22 October 2019
Australian Securities Exchange Code: RND
Board of Directors: Mr Otakar Demis Chairman and Joint Company Secretary
Mr Anton Billis Managing Director
Mr Gordon Sklenka Non-Executive Director
Mr Roland Berzins Joint Company Secretary
Suite G1, 49 Melville Parade South Perth WA 6151 T: +61 8 9474 2113 F: +61 8 9367 9386 E: [email protected] W: www.randmining.com.au
ABN: 41 004 669 658
EKJV Exploration Report
September 2019 Quarter
Rand Mining Ltd (ASX code: RND) has pleasure in providing the Quarterly EKJV Exploration Report.
The EKJV is located 25km west north west of Kalgoorlie and 47km north east of Coolgardie. The EKJV is between Rand Mining Ltd (12.25%), Tribune Resources Ltd (36.75%) and Northern Star Resources Ltd (51%).
For further information, please contact:
Roland Berzins E: [email protected] Ph: + 61 8 9474 2113
For Media and Broker Enquiries:
Andrew Rowell Cannings Purple Ph: +61 400 466 226

EAST KUNDANA JOINT VENTURE

September 2019 Quarterly EKJV Exploration Report
15 October 2019
For distribution to JV Partners:
- ‐ Northern Star Resources Limited
- ‐ Tribune Resources Limited
- ‐ Rand Mining Limited

CONTENTS
| 1 | EXECUTIVE SUMMARY 3 | ||||||
|---|---|---|---|---|---|---|---|
| 2 | EXPLORATION ACTIVITY 3 | ||||||
| 2.1 | Rubicon-Hornet-Pegasus (RT) 3 | ||||||
| 3 | EXPLORATION RESULTS 4 | ||||||
| 3.1 | Hornet-Rubicon-Pegasus 4 | ||||||
| 3.2.1 | Hera 4 | ||||||
| 3.2.2 | Falcon 5 | ||||||
| 4 | Future Work 6 | ||||||
| 4.1 | In-mine Exploration 6 | ||||||
| 5 | APPENDIX 1 7 |
TABLES AND FIGURES
| Table 1. EKJV exploration activity for the September Quarter. 3 |
|---|
| Table 2. Drilling physicals for the in-mine exploration at RHP project during Q1 FY20. 3 |
| Table 3. Summary of significant assays results for Hera. 4 |
| Table 4. Summary of significant assays results for Falcon drilling during the quarter. 5 |
| Figure 1. Overview of RHP and Raleigh projects showing in-mine exploration drill programs |
| targeting Falcon during the September quarter. 3 |
| Figure 2. Plan view of RHP and Raleigh project showing in-mine exploration programs targeting |
| Falcon during the September quarter. 4 |
| Figure 3. East looking view of Pegasus and Hera with core photos of significant results in |
PODRT19027. ............................................................................................................................................ 4 Figure 4. Plan view of Falcon and core photos of significant results in FALRT19026 and FALRT19130 ................................................................................................................................................................... 6

1 EXECUTIVE SUMMARY
Exploration activity in the September 2019 quarter across the East Kundana Joint Venture focused on Falcon.
| Project | Prospect | Tenement | RAB/ACMetres | RAB/ACSamples | RCMetres | RCSamples | DDMetres | DDSamples | MESamples |
|---|---|---|---|---|---|---|---|---|---|
| Hornet | Falcon | M16/309 | - | - | - | - | 3,420 | 3,370 | - |
| RubiconPegasus | Hera | M16/309 | - | - | - | - | - | 42 | - |
| Total | - | - | - | - | 3,420 | 3,412 | - |
Table 1 - EKJV exploration activity for the September Quarter.
2 EXPLORATION ACTIVITY
All exploration activity for the quarter related to in-mine drilling from Rubicon and Pegasus targeting southern extensions to the Falcon lode.
2.1 Rubicon-Hornet-Pegasus (RT)
A total of eight diamond holes for 3,420 metres were completed. All holes targeted Falcon. Drilling was conducted from underground platforms in Pegasus.
| Hole ID | Depth(m) | East(MGA) | North(MGA) | RL(MGA) | HoleType | Dip | Azimuth(MGA) |
|---|---|---|---|---|---|---|---|
| FALRT19128 | 318.2 | 332875 | 6598036 | -184 | DD_NQ2 | -16.9 | 200.5 |
| FALRT19129 | 335 | 332875 | 6598037 | -184 | DD_NQ2 | -32 | 203.7 |
| FALRT19130 | 465.1 | 332875 | 6598037 | -184 | DD_NQ2 | -40.7 | 200.4 |
| FALRT19132 | 423.4 | 332876 | 6598036 | -184 | DD_NQ2 | -30.2 | 192.3 |
| FALRT19137 | 433.7 | 333308 | 6597632 | 180 | DD_NQ2 | -14.2 | 229.9 |
| FALRT19138 | 498.6 | 333308 | 6597632 | 180 | DD_NQ2 | -5.6 | 243.8 |
| FALRT19139 | 405.4 | 333308 | 6597632 | 180 | DD_NQ2 | 2.7 | 256.8 |
| FALRT19141 | 540.5 | 333308 | 6597632 | 179 | DD_NQ2 | -31.1 | 250.1 |
Table 2 - Drilling physicals for the in-mine exploration at RHP project during Q1 FY20.

Figure 1 - Long section of RHP and Raleigh mine development showing in-mine exploration drilling targeting Falcon during the September quarter.


Figure 2 - Plan view of RHP and Raleigh mines showing in-mine exploration drilling targeting Falcon during the September quarter.
3 EXPLORATION RESULTS
In addition to results from this quarter's Falcon drilling, results were returned from in-mine exploration drilling of the Hera Lode in the previous quarter.
3.1 Hornet-Rubicon-Pegasus
3.2.1 Hera
One diamond hole, targeting Hera, returned assay results with significant gold mineralisation during the quarter (Table 3). PODRT19027 (Figure 3) shows the Hera structure – 0.5 m (tw) @ 20.16 g/t below, and to the west of current mining activities at 5695 mRL.
| Hole ID | East(MGA) | North(MGA) | RL(AHD) | Dip | Azi(MGA) | HoleDepth | From(m) | To(m) | Width(m) | Gradeg/t Au | TW(m) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PODRT19027 | 332808 | 6598133 | -204 | -56 | 165.3 | 234 | 120.5 | 121.2 | 0.7 | 4.93 | 0.35 |
| 121.2 | 122.1 | 0.9 | 20.16 | 0.5 | |||||||
| 138.1 | 138.45 | 0.35 | 2.30 | 0.2 |
Table 3 - Summary of significant assays results for Hera.

Figure 3 - Long section looking east of Pegasus mine showing Hera Lode significant results in PODRT19027.

3.2.2 Falcon
Ten diamond holes targeting Falcon, returned significant intersection results during the quarter (Table 4). FALRT19026, highlighted in Figure 4, tested the down-dip extent of Falcon to the west of P5920 development at 5665 mRL, returned 0.15 m (tw) @ 72.4 g/t gold. FALRT19130 tested Falcon's southern extents at 5650 mRL and returned an intersection – 0.43 m (tw) @ 10.7 g/t gold.
| Hole ID | East(MGA) | North(MGA) | RL(AHD) | Dip | Azi(MGA) | HoleDepth(m) | From(m) | To(m) | DH Width(m) | Gradeg/t Au | TW(m) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FALRT19025 | 332611 | 6598434 | -128 | -44 | 263.7 | 417.0 | 268.0 | 269.0 | 1.0 | 10.0 | 0.6 |
| 300.0 | 301.0 | 1.0 | 3.21 | 0.6 | |||||||
| 377.78 | 378.1 | 0.32 | 4.28 | 0.2 | |||||||
| FALRT19026 | 332611 | 6598434 | -128 | -51 | 237.8 | 395.9 | 248.45 | 249.0 | 0.55 | 3.99 | 0.25 |
| 253.15 | 253.51 | 0.36 | 10.9 | 0.2 | |||||||
| 254.71 | 255.01 | 0.3 | 2.48 | 0.15 | |||||||
| 259.05 | 259.45 | 0.4 | 9.96 | 0.2 | |||||||
| 262.7 | 263.35 | 0.65 | 2.29 | 0.3 | |||||||
| 269.78 | 270.1 | 0.32 | 72.4 | 0.15 | |||||||
| 270.73 | 271.47 | 0.74 | 2.38 | 0.3 | |||||||
| 274.0 | 274.65 | 0.65 | 2.73 | 0.3 | |||||||
| 275.14 | 275.68 | 0.54 | 8.10 | 0.25 | |||||||
| FALRT19028A | 332611 | 6598431 | -128 | -53 | 222.8 | 498.1 | 229.58 | 230.0 | 0.42 | 2.11 | 0.2 |
| 319.7 | 320.64 | 0.94 | 2.9 | 0.4 | |||||||
| 362.38 | 362.75 | 0.37 | 3.34 | 0.15 | |||||||
| FALRT19085 | 331962 | 6598967 | 142 | -36 | 17.4 | 366.3 | 238.6 | 238.92 | 0.32 | 2.05 | 0.18 |
| 248.99 | 249.9 | 0.91 | 4.73 | 0.5 | |||||||
| FALRT19088 | 333137 | 6597908 | 141 | -9 | 225.6 | 362.2 | 251.26 | 251.62 | 0.36 | 2.27 | 0.36 |
| 283.01 | 284.0 | 0.99 | 4.73 | 0.8 | |||||||
| 288.0 | 289.0 | 1.0 | 2.41 | 0.8 | |||||||
| FALRT19089 | 333137 | 6597908 | 141 | -21 | 224.0 | 417 | 283.01 | 284.0 | 0.99 | 4.70 | 0.8 |
| 288.0 | 289.0 | 1.0 | 2.40 | 0.8 | |||||||
| FALRT19129 | 332875 | 6598037 | -184 | -32 | 203.7 | 335.0 | 201.65 | 202.17 | 0.52 | 3.50 | 0.3 |
| 224.9 | 228.0 | 3.1 | 5.46 | 1.7 | |||||||
| FALRT19130 | 332875 | 6598037 | -184 | -40 | 200.4 | 465.1 | 256.0 | 257.0 | 1.0 | 10.72 | 0.43 |
| 406.55 | 407.12 | 0.57 | 3.42 | 0.25 | |||||||
| FALRT19139 | 333308 | 6597632 | 180 | 2 | 256.8 | 405.4 | 172.54 | 172.85 | 0.31 | 8.80 | 0.3 |
| FALRT19141 | 333308 | 6597632 | 179 | -31 | 250.1 | 540.5 | 187.35 | 187.8 | 0.45 | 8.62 | 0.43 |
| 277.68 | 278 | 0.32 | 2.19 | 0.3 |
Table 4 - Summary of significant assays results for Falcon drilling during the quarter. Significant assays results relate to assay intercepts greater than or equal to 2g/t.


Figure 4 - Plan view of Pegasus mine showing Falcon mineralisation and significant results in FALRT19026 and FALRT19130
4 Future Work
4.1 In-mine Exploration
In fill and extensional drilling will continue to test the extents of the Falcon trend, primarily targeting potential high-grade plunges to the 5400mRL from platforms in the Rubicon and Hornet mines.
Competency statement
The information in this report relating to Exploration Results is based on information compiled by Dr Rick Gordon who is a Member of the Australian Institute of Geoscientists and has sufficient exploration experience which is relevant to the style of mineralisation under consideration 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'. Dr Gordon is a full-time employee of Northern Star Resource Limited and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

5APPENDIX 1
JORC Code, 2012 Edition – Table 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORCCode Elanatixpon | Cotarmmeny |
|---|---|---|
| Salingtechniqmpues | ndlityofling(ehals,dochipsNaturt ce aquasamp.g.cunneranm, orcificialised industrystandardt toolsiate tspec spemeasuremenapproprotheineralsder instigatichdohole gndmunveon, suaswnammasoes,orhandheld Xinstrunts, etc.). Thlesshouldt be takeRFmeeseexampnon aslimitinninf salingthebrd mgoaeag ompIncludefetotaktoletivitye rrencemeasuresenensure samprepresend theiatalibionofolsratt tosteanappropre cany measuremenorsymsd.usef the dinatiof mineraliionthrial tothAspts oetesatatMateecrmn oareelicPubRert.poInhe'industtandard'orkhas bn de thisuldbecaseswrery sweeonworelatively simple(e.g. 'recirlatidrillind tbtain1 mversecuong wasuseo olesfrohich 3kgulverisedtood30hafor firsampm wwas ppruce ag crgee').Inothlanatibeiredchassayercases, moreexponmayrequ, suaswhthis cld that has inhet salingoblemls. Uereereoarsegorenmpprnusuaitieineraliions (rines)odsattyubodulecomms or mpee.g. smanmaynt disclosofdetailedinfatiwarraureormon | lingsinDia().Saleted undDDmpwas compgmoDiandtransfedtotraforlogingd sling. Half cfull clesmocore waserrcoreysganamporeororesampminated btheoloistfroHQNQdid cithinimle width ofwerenoygegmoramonore, wa mumsampximwiof20cnddth120cm aamaumm.Salestraortedtorioulysis laboratories inKalgoorlie frationbydringmpwerenspvas anaorprepay,shito<3ndlverizinthetirele t75μo <crungmm, apugensampm.litsinories inorliforFire300PulalysedlaboratbothKalgondPerth40-50gp spwereane agassaychndAAS alysis fooldarge anar g |
| Drillinhniqutecges | Drill ty(eirculationn-holeharotaipe.g.core,reverse c, opemmer,aryrblast,r, Bka,nictc.) anddetails (dieter, tripleaugeangso, ee.g. coreamstandardtube, dthofdiandtails,faclingbit otheorepmoe-sampr oris oriend if.).typhetheted, bywhatthod,etce, wr coreansome | illin2 (m)diFordenddrNQ50.6metesedunrgroug,amr corewas uCoorientatedingelectric'back-d tl' cientationstere wasusanonenoooreorsym. |
| Drill sale rmpecovery | f rerdissinhiperieMethod od ad clecongansseg coreansamprecovsd rlts ad.anesussessekenaximisle rd eiveMetatotatasuresme sampecoveryannsure representurf thlesnae oe sampWhethelationshipexistsbetwele rd gradndera rensampecoveryane aiasfertiain ofwhethle bhad dtol loss/er sampmayveoccurreuepreengafine/coaterialarse m | did drillinthentrtordjust their rateofdrillingd methodifissriseForamongcoacs aanrecoveryues aisrilleThis isAllordedbthedblocks.hecked andredtothrecoveryrecrs on coreccompaeyts of thbythlogical te. Aissuunitedbacktothemeasuremene coree geoamnyesarecommcadrillingntrtorcoacellefordid cd nelationshipbeadndRenttwecovery wasexcamonoreano rengre arecovery wasobd.serve |
| Logingg | Whethdchipleshabeoloicallydercoreansampveengeganotechnicallylogd tlevel of detail toortiate Mineralgegeo asuppapproprtimatiinintudiesd metallurical studiesResourceeson, mg sangWhethlogingislitativentitativinturCo(orergquaor quaenae.restehal, etc.) photoghy.coan, cnnerapThetotallenthd ptagf thelent intectiologd.ganercene oe rvarsensge | diais lofolith, liteiningatiineraliionAllndedhologltersatd structumocoreggr rego, aon, manre.y, vStructuralts of spificfeatue taken throh orienteds. All loingismeasuremenecresarugzoneggtitativewhssible andalitativlsewheA photogh istakenoftraquanerepoque ere.rapeverycorey. |

| Criteria | JORCCodlanatie Expon | Cotarmmeny |
|---|---|---|
| Sublingchniqndte-sampues ale ptionsamprepara | If chetheutndwhetharthalf oll ctakenore, wr corsawn aerquer,r aoreIf nriffllit,whethed, tubeledtaretcndhetheon-core,ersamp, roy sp. arwledt or dsampwery.ll sletypthatualitndriatofthForaampes,e nre,quy aappropenessetioniqle pn techsampreparaueQualittrol peddotedfoll sublingsttoy conrocures apr a-sampagesximisetivif saty olesmarepresenmpMetakentoe that thlingistativeofthe iasuresensure samprepresennsituaterialllectedincludingfinstanltsforfieldmcoorceresu,licaalflingdute/d-hpseconsampWhethle sizeiate to thein sizeofthaterialersamps areapproprgrae mingbeledsamp | dialf-citudinaithAllndthat whaledutlonlly wtomated cmocoreasoresampwas cganauoresaw.Sale ptiondtedatrious laboratories inKalgoorliingwith sortingmpreparan wascoucvae, commenc,chkinnddringatless tha10°C tt sulphide bkdo. Salesjashedn 1ecg ayo prevenreawnmparewcruinarticizentirle irize0%ssintol -6le s. Thhed ss thlved to 975μa nommmpae ee crusampenpupagm,usia LabtechniLM5 bl pulveris300Pulublesthtakenithaliniungcsower.gp ssampareenwanummd storedinlabelled pulpckets.scoopanpaGrindhecksrfoedt boththhintag(3mm)ndulverisingst(m)75μcarepermae crusg seapage,uiri% of mriaizesisttio90atel toss throh therelent stot sale preqngpaugvaensure conenmpreparan. |
| Qualitf adatady ossayanlabtortestsoray | Theturalitndiatofthingd laboratnae,quy aapproprenesse assayanoryhnie isidialduedndhether the td partproceresusawecqus conereortotal.icaF inForhysl toolstroters, hdheldXRstrunts, etthegeop, specmeanmec.,etesedindeterminingthlysis includininstruntkeparamrs ue anagmemaddel, rdintimalibrations ftorliedndtheiranmoeages,cacs appaderivatiotc.n, eNaturf qlityntrolduadted(estandards, blanks,e ouacoproceresop.g.dulicatesterl laboratchks)d whethetable llsp, exnaoryecanr accepeveof(i.e.ofbias) aisioblislackndn he bstahed.accuracprecaveen ey | A 40-50gfireche isedwith alead flux, dilved inthe fe. Theill istotallydigestedassayargusssournacprinHCl andNOcids befoAtomicbsotion Sctr(S)determinatifooldHAAA3 arerppeoscopyonr gsis.is mis riatalyThethodtotal goldortedelyanensuresepapproprNohysical toolsd to deteinelemt cntratigeopwereusermany eenonceonsCertifiedferaterials (CR) ainsertedinto thele sdomlyatratfReMMsenceresampequence ranae oosilibratiidef 31 p20telestoct. Alueutsstdardercompsampensurecorrecaonnyvas ooandeviatiorutinisedd rd withCRM if the failuis dd guinnsarescane-assayea newreeemeene.Blankse intedinto thele st aratf 1r 20osite sles. Failurabarsersampequence ae opecompampesoveutinised ifiredd iffailurain0.2/t ad,d r. Nlpsgrescrane-assayerequewpuare prepareesremAllle QAQC rlts ad blogiststoe theiate lel ofndsampesure assessey geoensurapproprveaccuracy acisionwhthltshabeturd fthe laboratpreene resuveenreneromory |
| Verificatiof salingdn ompaningassay | Therificatif significt intertiobyeither indendt oveonoansecnspeenraltativl.erne companypersonneThef twinnedholesuse otioofimadadeddaDontata,atantrytacumenprryeprocures,rificatie (icanic) p, datastohysl and electrorotolsveonragpocDisadjustmt todata.cuss anyenassay | signifiintectiorifieojeistioristringrillAllntd bthectolod soloduthe dcarsensareveprgeganengegyhole validationprocessholestwid aartofths inthis rert.Nowerennes pe programmepoicaingsinireftwGeolol loturedAcdatab. Bothharddgggascapgquasesoareacopyanwuelectric cf thtored. Afileeivedinfoatd loadedditlyintoonopy oeseare sssays arereccsvrmanrecthedatabbythisinlogist whothehecksthatthesults he intedctlyasee supervg geon creavsercorrerdcndeleic ciesof thealso kdjudethis adaHactrt. Nstmts atota.opy aonopseareepo aenremassay |
| Locatiof dataintsn opo | Acndalitf sud to latedrill holes (collandcuracy aquy orveysuseocr a),inerkintiod indo-hole strehed other lownurveysncs, mwogsancansuseMinl RetimatierasourceesonSpificatiofthridedtemecone gsysusQualitndadoftophicntrol.y aequacyograpco | Allllars fodenddrillinre ilocal mineid bineinglaser theodolitcor unrgroug an agry amsurveyor usae. |
| Dacinnddistributiotaspag an | Datacinforrtinf Exloration Rlts.spagrepog opesuWheththedacinnddistribution isfficientablishthtat toerspag asuesedef glogical andadtinuityiate ftheMineralgree oeogre conapproprorResd OResstimatied(s) andclificatiourceanreerve eonprocureassonsliedappWhethle csitinhas blieder sampompogeen app | In-minedid drillholescinalsariablefrom 80martthh toisolatedsinle drillamonspagsareo vaprouggholes. Closd drillinis csidd orational drillinbendthofthis rert.er spacegonerepeg,yoe scopepo |

| Criteria | JORCCodlanatie Expon | Cotarmmeny |
|---|---|---|
| Oriionofdain relationtattaentooloical stturgegruce | Whether thrientationf slingchievbiasedlingfe ooampaesunsampossible structud theextt towhichthis isknsiderintheporesanenown, congsitdetyppoe.If thelationshipbetwethe drillinrientationd theorientatiofe reng oann okeyineralisedis csidd to he indud alingstrturtromucesonereavcesampbias, thisshouldbesedd rortedif material.assesanep | rillinurfe isienticaicuAll dbothdendd stedcll tondlartothegunrgrouanacorasoseaspracperpetart stturThrientationofall ininetat stturis wellknod drillholeslygeruces.e o-mrgeruceswnanareondesigd wheingfulintet alesn bchievedneremeanrcepngcae alingbiis csidn inillinrienionNd to he btrodud bthedrtato sampasonereaveeceg oy |
| Sale suritmpecy | Thetakentole suritmeasuresensure sampecy. | riorissior initte PtolaboratbmlesstoredbyNorthStard.Onbmdorysun sampareernasecureyacesutothelaboratories thstoredinfeedndd tkedthh their chaineyarea securenccompouanracrougofstodyviadittrails.cuau |
| ditsvieAuorrews | Theultsofuditsiewf salingtechniqnddata.resany aorrevs ompues a | Nuditsiews htlybendtedlingtechniqs, hlabditso aorrevave recenencouconsampueoweveraundtedular basiarecouconaregs. |

Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORCCode Elanatixpon | Cotarmmeny |
|---|---|---|
| Minl tent andlanderanemetenstatusure | ref/numblocatindhipincludinType,erencenameer,onaownersgntsaterial issiththird partiesh as jointntuagreemeormues wsucveres,rtnhipidinaltiesativtitleinteresthistoricalsitepaerss,overrgroy, nes,s,wildetiol park andvirotalsettingrness or nanaennmens. | ll diamd holetiod in thisorte lated within the6/309d M15/993ininAM1Mons mennereparocangleaheld bTheEast KdaJointVentu(EKJV).The EKJVis majorityd andedbysesyunnareownemanagNorthStar RLtd(51%).Theinorityholdinin theEKJV is heldbyTribuRess Ltdernesourcesmgneource(36.75%) andndininLtd(12.25%).RaMg |
| Theuritf the theldatthetimf rertinlonithsecy oenuree opog ag wanyknoimdimts tbtaininlictotein thewnpeeno og aenceoperaarea. | M16/309issubject to tltynts; heithef theis alicabletothworoyaagreemeowever, nr oseppeProctsdeibed in thisort. Thentsede theKunda‐ HetCentralspescrrepagreemeconcernarnaornRoyaltyd theKundaPoJohnAgntNo. 2602‐13.Noknn imdimts existd theannapereemeowpeenantent isin gd standinemenoog | |
| Explorationdobyothneerrtiepas | Acknledt andisal ofloration btheartiesowgmenappraexpy or p | illinleigicoineinerali Undnddrn theRah andHot-Rubn-Pxtends thsedergroug orneegasus ms ee mtrends frolder drillinincludingthatofviotorf thines includinBarrick Goldomgpreusoperas oosemg,Plasiacifiurion Gold, GoldfieldsLimited andotheredr De A-Pac, Aceomr pecessors |
| Geology | osit tylogical settinndstyle of mineralisation Deppe, geog a | TheKundais situatedwithinthe N-Wiluna Gnste Belt, indominatednacamporsemanreeonanareabytheleika ShewhichtheCoolgardie dainfrotheOnda dainZuZonratBaare,sepaesommraomTheZuleika SheZone in theKundariseultileastosishethostarnaareacomps mpanomngarse mimportt of which atheK2, the K2Ad Strzelecki Sheanreanars |
| igineraliionisckiki mineraliionnsisf veRaleh msathosted on theStrzeleStrture. Strzelecsatts ouccoryhigh-gradineralisationlaminatedin hostedinthealeStrzelkinarrow,verye monavecamp-scecShewhichabutsdiffntiatedaficintive, the Pder Sill Gabbroainst inteediataraeremrusowagrmestic().hinin'ofniclithic siltste lilcaclacksBlackFlaGroA t'sklcadstvonorogupvonogeone-sanonesbetwethabbrod theStrzeleckishr. Beinbod bn intrusiventactideene ganeaguny acoonone sd ashredntactthther, thethicknef thedimentakage ishighlyriableaneacoone oss oe sry pacvafrobsebout fidth.nt tortetrtrum ao ay mese wicoineraliionnsisrimarilf higinainTheHot-Rubn-Psatts ph-grade ltedhostedrneegasus mcoy oamveld on theK2lanf the Zuleikashithadditionalminlisatiociatedlowordgope oear weran on assoererstructuheFaln tetis alatedineralisedinthehaingll tond. TPerescoargremzonengwagasusaainleikki sbetwethe tZutructu, the K2 andStrzeltructuenwoma sresecres | ||
| Drill holeInfatioormn | ofallinfoatirialthunddinoftheAatetotansummaryrmonmeersgloratiosults iludingtabulatiof the followininfoatifoexpn rencan ogrmonrallMaterialdrill holes:inghinf thrillastd norte dhole collaeang orlevatir RL (RedudLevellevatibolel ineonoce– eonaveseaves) of the drillhole collatremerdip andimuthoftheholeazdn holelethd intion dthterowngancepepholelenth.gIf tlusif thisinfoatiisjustifiesishedthbathat theexconormononeinfoatiist Materiald thislusidot detrt frthrmonnoanexconesnoacomeundtandinofthert,theCtent Pshldclearlyersgrepoompeersonoulainwhthisis theexpcase.y | ferarioin tofthisRetothtableshebodyrt.e vusrepoExploratiosults that at materialtothis rert aludedfodrill pn rerenoporeexcr somerogrammes,howthedrill physicals aalldetailedfoll drillinardlessofthutceverrer ag rege oome. |

| Criteria | JORCCode Elanatixpon | Cotarmmeny |
|---|---|---|
| tionethodDataaggregams | InortingEloratioResultseightiningthnirepxpn, wgaveragecques,ximinimatis (ingf hignd/orradtruutthmaumamumgencone.g. codes) andt-off gradllyMateriald shouldbestatedgracuesareusuaanWhateintertsincteshort lthsofhih-gradereaggregceporporaenggeoffoultsd lr lethslodesults,theededresanongenggrareprocureusrw-h aatishld btatedd se tical exlesofhsucggregonoue sanomypampsuctioshouldbeshn indetail.aggregansowThetiodforortingf metal eivalent valuassumpnsuseanyrepoquesshouldbeclearlystated | Alldrill results aortedtess the tetrerepasaggregaacrosargzone.A ninal 2g/t cut-offade isedfortinignifict interts,but loradlesomgrusr repog sancepwer ge sampbeincludedtowholoical context dictatemayeregegs.liedillhintrtinNotoutstodrolet rep-care apperceppog. |
| Relatishibetweonpenminlisationwidthnderas aintet lethsrcepng | Therelationshipsrticularlyimportt ithertinofsearepaannrepogloratiolts.Expn ResuIf thtryoftheineralisationwithcttothedrill holelee geomemrespeangis kn, its natushouldberted.nowrerepoIf itist kndlythedoholelenthsorted, thnonown aonwngare repereshouldbeclestatemt tothis effect(e.'dohole lth,truaareng.wnengewidtht knn')noow | Theientationoftat stturis wellknofoll inineloration tats andtruidthsorrgeruceswnr a-mexprgee wn btelylculatedd aortedrdily.cae accuracaanrerepaccongBoth thedohole width andtruidth he blearlycifiedwhedwne waveen cspeenus |
| Diagrams | Apiatdtio(withles) andtabulationfpropremapsansecnsscas ointeshouldbincludedfosignifidisbeingtsntrceper anycacoveryorted. Thshld iludbut notbelimited tlanvief drillrepeseounce,o apw ohole collar lotiod ariattiol vicansanpprope secnaews. | Refertothe figuthe bodf this rert ftheatial ctext of all holeland anddrilled tresy opoorspons pneodate. |
| Baland ringortceep | Whhensivortingf allExploratioResultsisoterecompreereponncticable,tativertinofbothlowndhigh gradprarepresenrepogaesd/oidthsshouldbticed tidmisleadiningofortanr we praco avog repExploration Rlts.esu | Exploratioltsthat at materialtothis rortludedfodrilln resurenoepareexcr someprogrammes,howthedrill physicals aalldetailedfoll drillinardlessofthutceverrer ag rege oome. |
| Othsubntivlorationstaere expdata | tio, ifingfulrialOtheloran datad mate, shldbertedr expmeananourepoincluding(but notlimitedto):oloical obsetiohysicalgegrvans;geopsults;hemicalsults;bulklesizendsurveyregeocsurveyresamp– saoficansitthodtreatmt;tallurgltestultsbulkdemeenmeres;y,dwateotechnicaldkchcteristicstentialgrounr,geanrocara;podeleterioutaminatingbsts or consuances. | Nootheaterialloration datahas bollected fthisdrill pr mexpeen corrogram |
| theorkFurr w | Theatudleoflandfurtheork(etestsforlateralnreanscapner w.g.extsiodethextsiolargle stept drillin).ennsorpennsore-sca-ougDiaclearlyhighlightinthef pibletensioincludinggramsgareas oossexns,theainoloical intertationndfuture drillinidedmgegpres ag areas, provthisinfatiisrcially ssitivt cormonnoommeene. | Drillingwill ctinue to testthxtentsofFalcorimariltartingtential hih-gradluns toone en, pygepoge pgethe5400mRLfrolatforintheRubicd Hetminmpmsonanornes. |