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.

RAND MINING LIMITED Interim / Quarterly Report 2020

Jul 22, 2020

65721_rns_2020-07-22_911ee509-85d9-4d57-a89e-6433c1507415.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

ASX ANNOUNCEMENT

23 July 2020

EKJV Exploration Report June 2020 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 (12.25%), Tribune Resources Ltd (36.75%) and Northern Star Resources Ltd (51%).

This report has been released with the approval of the Board of Rand Mining Ltd.

-ENDS-

For further information, please contact: Brett Tucker Joint Company Secretary E: [email protected] Ph: + 61 8 9482 0500

For Media and Broker Enquiries Peter Klinger Cannings Purple E: [email protected] Ph: + 61 411 251 540

ASX:RND

Board of Directors

Mr Otakar Demis Chairman & Joint Company Secretary

Mr Anton Billis Managing Director

Mr Gordon Sklenka Non-Executive Director

Mr Brett Tucker & Mr Roland Berzins Joint Company Secretaries

EAST KUNDANA JOINT VENTURE

June 2020 Quarterly EKJV Exploration Report

For distribution to JV Partners:

  • Northern Star Resources Limited
  • Tribune Resources Limited
  • Rand Mining Limited

CONTENTS

1 EXECUTIVE SUMMARY 2
2 EXPLORATION ACTIVITY 3
2.1 Rubicon-Hornet-Pegasus-Falcon (RT/DT) 3
2.2 Golden Hind (DT) 5
3 EXPLORATION RESULTS 7
3.1 Hornet-Rubicon-Pegasus 7
3.2.1 Falcon 7
3.2.2 Startrek 9
3.2.3 Raleigh 12
4 Future Work 12
4.1 In-mine Exploration 12
4.2 Regional Exploration 12
5 APPENDIX 1 13

TABLES AND FIGURES

Table 1 - EKJV exploration activity for the June 2020 Quarter 3
Table 2: Drilling physicals for the in-mine exploration at Hornet-Rubicon-Pegasus project during
Q4 FY19/20 4
Table 3. Drilling summary for the Golden Hind Project, June 2020. 5
Table 4: Summary of significant assays results for Falcon 8
Table 5: Summary of significant assays results for Startrek 11
Figure 1: Overview of Hornet-Rubicon-Pegasus and Raleigh projects showing in-mine
exploration drilling programs targeting the Falcon prospect drilled during the June quarter 4
Figure 2: Overview of Hornet-Rubicon-Pegasus projects showing in-mine exploration drilling
programs targeting the Startrek prospect drilled during the June quarter. 5
Figure 3. Location map of Golden Hind in relation to Raleigh and Rubicon open pits 6
Figure 4. Golden Hind RC drilling collar positions 6
Figure 5: Plan view of Rubicon-Hornet-Pegasus and Raleigh project showing in-mine exploration
programs targeting the Falcon lodes that have returned significant intercepts in the June
quarter 7
Figure 6: Plan view of Falcon and core photos of significant results in FALDT20045, FALRT20028,
FALRT20036 and FALRT20041 8
Figure 7: Plan view and core photos of significant results in STKRT20035, STKRT20040, STKRT20055
and STKRT20056. 12

1 EXECUTIVE SUMMARY

Exploration activity in the June 2020 quarter across the East Kundana Joint Venture focused on the Falcon Corridor and the Startrek prospect. Exploration drill holes are defined by Drill Targeting or Resource Targeting designations (Table 1).

Project Prospect Tenement RAB/ACMetres RAB/ACSamples RCMetres RCSamples DDMetres DDSamples MESamples
Hornet Falcon M16/309 - - - - 6,111 5,888 -
Rubicon Falcon M15/993 - - - - 6,627 4,262 -
Pegasus Startrek M16/309 - - - - 10,934 15,921 -
Regional GoldenHind M16/309 - - 516 516 516 516 -
Total - - 516 516 23,672 26,071 -

Table 1: EKJV exploration activity for the June 2020 Quarter

2 EXPLORATION ACTIVITY

In-mine underground exploration at EKJV consisted of programs targeting the Falcon Corridor and Startrek prospect. Regional exploration consisted of an RC drilling program late in the quarter to further assess open pit opportunities in the area.

2.1 Rubicon-Hornet-Pegasus-Falcon

A total of 61 underground diamond drill holes for 23,672 metres were completed during the quarter (Table 2) focused on the Falcon Corridor and Startrek prospect. Underground drilling targeting Falcon was conducted from drill platforms in the Rubicon 5980 drill drive, Pegasus 5920 drill drive, Raleigh 6136 ore drive south and Raleigh 5718 stockpile.

Hole ID Depth(m) East(MGA) North(MGA) RL(MGA) HoleType Dip Azimuth(MGA)
FALDT20043 462 333243 6597624 -18 DD -10 267
FALDT20044 411 333243 6597624 -19 DD -22 222
FALDT20045 345 333244 6597621 -18 DD -5 229
FALDT20046 481 333243 6597622 -19 DD -27 249
FALDT20047 500 333243 6597622 -19 DD -39 050
FALDT20048 522 331844 6598482 -283 DD 1 079
FALDT20049 600 331844 6598482 -283 DD -7 079
FALDT20050 505 331844 6598482 -283 DD -8 063
FALDT20051 366 331844 6598482 -283 DD -15 282
FALDT20078 469 333243 6597624 -19 DD -25 267
FALDT20079 500 333243 6597624 -18 DD -5 267
FALDT20080 400 333243 6597622 -19 DD -24 249
FALDT20081 417 333245 6597620 -19 DD -15 249
FALRT20026 393 332033 6598676 142 DD -27 212
FALRT20027 458 332033 6598676 142 DD -55 058
FALRT20028 444 332034 6598676 143 DD -6 067
FALRT20031 375 332034 6598676 142 DD -19 096
FALRT20032 417 332034 6598676 142 DD -41 079
FALRT20033 470 332033 6598676 142 DD -39 065
FALRT20034 451 332034 6598676 142 DD -48 087
FALRT20035 533 332034 6598676 142 DD -46 088
FALRT20036 495 332034 6598676 142 DD -22 103
FALRT20037 597 332034 6598676 142 DD -13 105
FALRT20038 312 332760 6598365 -96 DD 16 110
FALRT20039 360 332759 6598367 -97 DD -5 248
FALRT20040 326 332760 6598365 -97 DD -4 266
FALRT20041 345 332760 6598366 -97 DD -28 243
FALRT20042 473 332760 6598366 -97 DD -39 250
FALRT20053 309 332759 6598367 -96 DD 5 255
STKRT20019A 369 332937 6598323 221 DD -24 267
STKRT20020 393 332937 6598323 221 DD -35 063
STKRT20033 222 333360 6597634 -162 DD -54 055
STKRT20034 256 333357 6597637 -160 DD 14 102
STKRT20035 383 333393 6597627 -62 DD 11 017
STKRT20036 362 333393 6597627 -62 DD 23 019
STKRT20037 219 333392 6597628 -63 DD 2 024
STKRT20038 375 333392 6597628 -62 DD 21 031
Depth East North RL Hole Azimuth
Hole ID (m) (MGA) (MGA) (MGA) Type Dip (MGA)
STKRT20039 216 333357 6597637 -160 DD 18 040
STKRT20040 219 333393 6597627 -63 DD 7 062
STKRT20041 327 333393 6597626 -62 DD 23 059
STKRT20042 423 333394 6597626 -62 DD 20 061
STKRT20043 404 333394 6597626 -62 DD 10 075
STKRT20044 462 333394 6597625 -62 DD 14 075
STKRT20045 582 333394 6597625 -63 DD 0 085
STKRT20046 192 333394 6597625 -63 DD -9 087
STKRT20047 267 333394 6597625 -64 DD -17 076
STKRT20048 294 333394 6597625 -64 DD -35 092
STKRT20049 228 333359 6597635 -161 DD 0 097
STKRT20050 267 333357 6597638 -162 DD -30 084
STKRT20051 248 333361 6597633 -162 DD -33 352
STKRT20052 246 333360 6597634 -162 DD -72 112
STKRT20053 489 333394 6597625 -63 DD -3 067
STKRT20055 314 333361 6597633 -162 DD -35 106
STKRT20056 180 333360 6597634 -162 DD -41 122
STKRT20058 254 333486 6597502 76 DD 9 086
STKRT20059 550 333488 6597501 75 DD 9 035
STKRT20060 540 333488 6597501 75 DD 9 063
STKRT20061 468 333490 6597499 75 DD -11 074
STKRT20062 352 333490 6597499 75 DD -31 090
STKRT20065 453 333490 6597498 76 DD -10 094
STKRT20066 381 333489 6597498 74 DD -53 097

Table 2: Drilling physicals for the in-mine exploration at Hornet-Rubicon-Pegasus project during Q4 FY19/20

Figure 1: Overview of Hornet-Rubicon-Pegasus and Raleigh projects showing in-mine exploration drilling programs targeting the Falcon prospect drilled during the June quarter.

Figure 2: Overview of Hornet-Rubicon-Pegasus projects showing in-mine exploration drilling programs targeting the Startrek prospect drilled during the June quarter.

2.2 Golden Hind

An RC drill program was completed at Golden Hind to upgrade the mineralisation model for the area under evaluation for open pit development. The Golden Hind prospect is the southern extension of the Strzelecki structure mined at Raleigh. Fourteen holes were drilled for 516 metres, with results expected in July.

Hole ID StartDate EndDate Depth(m) East North RL HoleType Dip(degrees) Azimuth(degrees)
GHRC20001 14-Jun-20 14-Jun-20 72 332818 6597070 345 RC -60 60
GHRC20002 14-Jun-20 14-Jun-20 48 332835 6597080 345 RC -60 60
GHRC20003 15-Jun-20 15-Jun-20 42 332843 6597085 345 RC -60 60
GHRC20004 15-Jun-20 15-Jun-20 42 332852 6597090 345 RC -60 60
GHRC20005 15-Jun-20 15-Jun-20 30 332861 6597095 345 RC -60 60
GHRC20006 15-Jun-20 15-Jun-20 18 332869 6597100 345 RC -60 60
GHRC20007 15-Jun-20 15-Jun-20 30 332878 6597105 345 RC -60 60
GHRC20008 15-Jun-20 15-Jun-20 60 332869 6596922 345 RC -60 62
GHRC20009 16-Jun-20 16-Jun-20 54 332887 6596931 345 RC -60 62
GHRC20010 16-Jun-20 16-Jun-20 36 332896 6596936 345 RC -60 62
GHRC20011 16-Jun-20 16-Jun-20 30 332905 6596941 345 RC -60 62
GHRC20012 16-Jun-20 16-Jun-20 24 332916 6596919 345 RC -60 62
GHRC20013 16-Jun-20 16-Jun-20 18 332925 6596927 345 RC -60 62
GHRC20014 16-Jun-20 16-Jun-20 12 332932 6596933 345 RC -60 62

Table 3. Drilling summary for the Golden Hind Project.

Figure 3. Location map of Golden Hind in relation to Raleigh and Rubicon open pits.

Figure 4. Golden Hind RC drilling collar positions

3 EXPLORATION RESULTS

3.1 Hornet-Rubicon-Pegasus

3.2.1 Falcon

Fourteen diamond holes targeting Falcon returned intersections of significant gold mineralisation during the quarter (Table 4 and Figure 5). Significant intersections were primarily in holes proximal to the known mineralisation, west of Pegasus. Strong visual results were also returned for FALDT20049. Drilled from Raleigh, this hole tested the Falcon Corridor at depth intersecting Falcon-style quartz mineralisation with coarse visible gold (assays pending).

Figure 5: Plan view of Rubicon-Hornet-Pegasus and Raleigh project showing in-mine exploration programs targeting the Falcon lodes that have returned significant intercepts in the June quarter.

Hole ID East(MGA) North(MGA) RL(AHD) Dip(deg) Azi(MGA) HoleDepth(m) From(m) To(m) DHWidth(m) Gradeg/t Au TrueWidth(m)
FALDT20043 333243 6597624 -18 -10 267 462 274.65 275.25 0.6 3.8 0.4
FALDT20044 333243 6597624 -19 -22 222 411 Pending
FALDT20045 333244 6597621 -18 -5 229 345 121.52 122 0.5 9.8 0.4
127.21 128.5 1.3 3.7 1.2
260.0 261.0 1.0 2.5 0.9
FALDT20046 333243 6597622 -19 -27 249 481 NSI
FALDT20047 333243 6597622 -19 -39 50 500 Pending
FALDT20048 331844 6598482 -283 1 79 522 438.4 438.75 0.4 3.5 0.3
481.8 482.25 0.5 6.8 0.4
FALDT20049 331844 6598482 -283 -7 79 600 Pending
FALDT20050 331844 6598482 -283 -8 63 505 Pending
FALDT20051 331844 6598482 -283 -15 282 366 Pending
FALDT20078 333243 6597624 -19 -25 267 469 Pending
FALDT20079 333243 6597624 -18 -5 267 500 Pending
FALDT20080 333243 6597622 -19 -24 249 400 Pending
FALDT20081 333245 6597620 -19 -15 249 417 Pending
FALRT20020 331954 6598964 142 8 9 378 278.73 279.33 0.6 2.8 0.4
283.92 286.65 2.7 8.4 1.6
290.69 291.11 0.4 2.4 0.3
293.7 294.0 0.3 4.7 0.2
295.54 296.08 0.5 3.2 0.3
300 300.32 0.3 3.2 0.2
FALRT20021 331954 6598964 142 2 357 421 334.11 334.49 0.4 11.6 0.2
338.54 338.9 0.4 3.0 0.2
340.97 341.27 0.3 2.6 0.1
FALRT20022 331954 6598964 141 -9 4 390 287.4 288.1 0.7 3.2 0.4
FALRT20023 331953 6598964 141 -12 353 405 351.4 351.7 0.3 7.1 0.1
FALRT20024 331954 6598964 141 -27 354 400 282.0 283.0 1.0 2.1 0.5
FALRT20025 332033 6598677 143 -15 50 337 NSI

Hole ID East(MGA) North(MGA) RL(AHD) Dip(deg) Azi(MGA) HoleDepth(m) From(m) To(m) DHWidth(m) Gradeg/t Au TrueWidth(m)
FALRT20026 332033 6598676 142 -27 212 393 NSI
FALRT20027 332033 6598676 142 -55 58 458 NSI
FALRT20028 332034 6598676 143 -6 67 444 382.09 382.58 0.5 16.7 0.4
FALRT20030 332033 6598677 143 -7 61 327 292.68 292.98 0.3 3.6 0.3
FALRT20031 332034 6598676 142 -19 96 375 290.54 290.83 0.3 3.0 0.3
307.28 307.58 0.3 2.0 0.3
FALRT20032 332034 6598676 142 -41 79 417 298.62 298.92 0.3 2.2 0.3
FALRT20033 332033 6598676 142 -39 65 470 NSI
FALRT20034 332034 6598676 142 -48 87 451 Pending
FALRT20035 332034 6598676 142 -46 88 533 442.5 443.0 0.5 3.0 0.2
FALRT20036 332034 6598676 142 -22 103 495 379.0 379.7 0.7 4.8 0.5
382.96 383.26 0.3 18.5 0.2
395.6 396.0 0.4 4.6 0.3
FALRT20037 332034 6598676 142 -13 105 597 452.77 453.25 0.5 4.2 0.3
454.88 455.35 0.5 2.2 0.1
FALRT20038 332760 6598365 -96 16 110 312 12.7 13.3 0.6 2.2 0.6
232.0 232.3 0.3 5.4 0.3
239.68 240.3 0.6 7.0 0.6
241.2 242.0 0.8 13.6 0.8
243.0 244.0 1.0 2.2 1.0
252.0 252.68 0.7 11.8 0.7
FALRT20039 332759 6598367 -97 -5 248 360 Pending
FALRT20040 332760 6598365 -97 -4 266 326 19.13 20.26 1.1 3.0 1.1
137.3 138.86 1.6 1.5 1.5
140.45 141.05 0.6 2.0 0.6
180.94 181.29 0.4 10.1 0.3
217.24 217.8 0.6 2.7 0.5
FALRT20041 332760 6598366 -97 -28 243 345 99.19 108.7 9.5 2.5 7.0
111.84 112.54 0.7 8.1 0.5
263.58 263.88 0.3 19.3 0.2
264.4 265 0.6 2.3 0.4
310.3 310.92 0.6 5.0 0.5
FALRT20042 332760 6598366 -97 -39 250 473 193.8 194.19 0.4 2.2 0.2
389.09 389.28 0.2 10.2 0.1
392.7 392.92 0.2 9.3 0.1
430.0 431.0 1.0 5.5 0.6
FALRT20053 332759 6598367 -96 5 255 309 214.7 215.0 0.3 80.7 0.3
219.58 220.0 0.4 6.1 0.4
228.95 229.76 0.8 4.2 0.7
239.37 239.75 0.4 7.9 0.3
241.25 243.56 2.3 3.7 2.0
272.58 273.0 0.4 3.2 0.4

Table 4: Summary of significant assays results for Falcon

Figure 6: Plan view of Falcon and core photos of significant results in FALDT20045, FALRT20028, FALRT20036 and FALRT20041.

3.2.2 Startrek

Twenty-one underground diamond drill holes targeting the Startrek prospect intersected zones of gold mineralisation during the quarter (Table 5 and Figure 7). Mineralisation was predominately hosted in narrow, irregular quartz veins within the footwall volcanosedimentary package. STKRT20035 returned strong assay results in veins within the sediments in addition to an intersection of 0.3m (tw) at 51.3g/t Au in a laminated quartz vein within dolerite host rock.

Hole East North RL Dip Azi Hole From To DH Grade True
ID (MGA) (MGA) (AHD) (deg) (MGA) Depth (m) (m) Width g/t Au Width
(m) (m) (m)
STKRT20008 333095 6598136 33 11 44 332 27.0 28.0 1.0 3.4 0.9
34.93 35.65 0.7 4.2 0.6
168.78 169.3 0.5 2.8 0.4
200.7 201.3 0.6 40.7 0.5
STKRT20009 333095 6598135 33 22 41 369 0.0 0.88 0.9 3.8 0.7
87.18 87.65 0.5 2.1 0.4
88.6 89.57 1.0 2.9 0.7
168.0 169.0 1.0 10.6 0.3
179.0 179.71 0.7 2.4 0.5
246.0 246.5 0.5 2.7 0.4
STKRT20010 333095 6598135 32 -24 34 261 148.05 148.45 0.4 4.5 0.4
STKRT20011 333095 6598135 32 -19 57 209 15.0 15.5 0.5 2.5 0.5
130.82 131.12 0.3 5.7 0.3
153.41 153.83 0.4 11.8 0.4
180.67 181.03 0.4 2.3 0.3
STKRT20012 333095 6598136 32 -41 19 252 48.4 48.75 0.4 2.4 0.2
STKRT20013 333095 6598135 32 -43 49 293 NSI
STKRT20015 332937 6598323 222 -11 57 426 75.0 76.0 1.0 2.2 1.0
79.96 80.48 0.5 4.5 0.5
118.0 118.4 0.4 3.6 0.4
156.9 157.9 1.0 10.2 1.0
198.64 199.05 0.4 4.0 0.4
201.35 201.95 0.6 5.0 0.6
205.61 205.91 0.3 5.4 0.3
214.94 215.74 0.8 15.5 0.8
285.84 286.26 0.4 14.7 0.4
373.75 374.08 0.3 5.5 0.3
386.11 386.64 0.5 2.8 0.5
STKRT20017 332937 6598323 222 -13 71 406 89.45 90.4 1.0 2.4 0.9
169.58 169.91 0.3 2.3 0.3
172.36 172.75 0.4 16.4 0.3
274.92 275.52 0.6 13.6 0.5
307.08 307.54 0.5 5.2 0.4
312.09 312.39 0.3 2.3 0.3
343.65 344.0 0.4 2.0 0.3
351.0 351.3 0.3 14.3 0.3
356.04 356.34 0.3 2.3 0.3
STKRT20018 332937 6598323 221 -21 49 433 17.03 17.36 0.3 14.9 0.3
81.08 81.49 0.4 7.8 0.4
329.24 329.55 0.3 12.0 0.3
389.78 390.25 0.5 4.8 0.4
414.25 414.87 0.6 3.5 0.6
STKRT20019A 332937 6598323 221 -24 267 369 Pending
STKRT20020 332937 6598323 221 -35 63 393 86.46 87.16 0.7 9.4 0.6
133.0 133.3 0.3 2.8 0.3
258.63 258.93 0.3 3.5 0.3
272.12 272.42 0.3 3.8 0.3
314.62 315.73 1.1 1.4 1.0
381.65 382.46 0.8 2.7 0.7
155.0 155.5 0.5 7.4 0.3
STKRT20031 333358 6597636 -162 -44 58 159 11.79 12.23 0.4 2.4 0.4
18.96 19.28 0.3 11.3 0.3
84.85 85.15 0.3 7.9 0.3
103.8 104.1 0.3 2.1 0.3
105.32 105.62 0.3 36.1 0.3
106.3 106.78 0.5 16.7 0.4
110.3 110.88 0.6 10.1 0.5
128.76 129.06 0.3 12.1 0.3
135.71 136.35 0.6 7.3 0.5

HoleID East(MGA) North(MGA) RL(AHD) Dip(deg) Azi(MGA) HoleDepth From(m) To(m) DHWidth Gradeg/t Au TrueWidth
(m) (m) (m)
STKRT20032 333360 6597634 -162 -25 93 234 137.433.65 138.314.0 0.90.4 35.72.3 0.70.3
5.3 7.0 1.7 7.1 1.4
13.44 13.74 0.3 7.9 0.2
24.81 25.28 0.5 2.9 0.4
76.0 77.55 1.6 5.0 1.3
STKRT20033 333360 6597634 -162 -54 55 222 87.8 88.1 0.3 6.3 0.2
102.3 102.78 0.5 5.4 0.3
120.7 121.5 0.8 3.5 0.5
168.39 168.72 0.3 5.0 0.2
169.52 170.4 0.9 5.1 0.5
STKRT20034 333357 6597637 -160 14 102 256 70.9 71.25 0.4 2.7 0.2
102.7 103.0 0.3 3.0 0.2
105.65 106.0 0.4 5.0 0.2
124.8 125.4 0.6 2.5 0.2
173.3 174.1 0.8 2.6 0.5
174.8 175.15 0.4 2.8 0.2
178.85 179.15 0.3 2.7 0.2
STKRT20035 333393 6597627 -62 11 17 383 108.05 108.95 0.9 6.4 0.6
208.87 209.52 0.7 2.6 0.5
226.94 227.54 0.6 7.2 0.4
STKRT20036 333393 6597627 -62 23 19 362 366.5915.75 366.916.14 0.30.4 51.34.6 0.30.3
73.73 74.1 0.4 3.6 0.2
88.93 89.93 1.0 2.4 0.6
101.76 102.1 0.3 2.0 0.2
158.24 161.2 3.0 4.6 1.9
163.6 163.96 0.4 6.5 0.2
165.29 165.6 0.3 6.5 0.2
166.9 170.4 3.5 4.0 2.2
178.65 180.48 1.8 4.4 1.2
190.52 190.82 0.3 3.5 0.2
246.9 247.56 0.7 7.3 0.4
256.84 257.15 0.3 5.5 0.2
STKRT20037 333392 6597628 -63 2 24 219 18.28 18.58 0.3 3.0 0.3
49.16 49.76 0.6 3.1 0.5
150.58 151.73 1.2 4.3 1.0
STKRT20038 333392 6597628 -62 21 31 375 56.82 57.32 0.5 2.3 0.4
117.85 118.53 0.7 2.3 0.5
169.63 169.93 0.3 3.6 0.2
179.74 180.04 0.3 3.1 0.2
288.9 289.37 0.5 7.0 0.4
292.65 293.14 0.5 4.8 0.3
320.5 320.8 0.3 2.2 0.2
STKRT20039 333357 6597637 -160 18 40 216 106.85 108.0 1.2 2.5 1.0
116.08132.45 116.48133.27 0.40.8 3.03.5 0.20.7
187.06 188.3 1.2 2.7 1.1
189.0 189.44 0.4 4.7 0.4
STKRT20040 333393 6597627 -63 7 62 219 20.0 20.3 0.3 2.2 0.3
46.0 46.3 0.3 5.6 0.3
89.0 89.4 0.4 13.2 0.4
STKRT20041 333393 6597626 -62 23 59 327 59.0 59.36 0.4 2.6 0.3
108.11 108.82 0.7 2.4 0.6
116.1 116.57 0.5 5.3 0.4
210.12 211.14 1.0 2.6 0.8
221.12 221.55 0.4 2.3 0.4
STKRT20042 333394 6597626 -62 20 61 423 Pending
STKRT20043 333394 6597626 -62 10 75 404 Pending
STKRT20044 333394 6597625 -62 14 75 462 0.0 0.3 0.3 2.0 0.2
7.34 9 1.7 3.2 1.3
38.47 38.77 0.3 8.4 0.2
58.0 59.0 1.0 2.9 0.8
71.8 72.1 0.3 20.3 0.2
STKRT20045 333394 6597625 -63 0 85 582 0.4 1.3 0.9 6.1 0.8
3.85 4.23 0.4 6.1 0.3
20.65 21.0 0.4 2.9 0.3
EKJVMANAGEMENT PTY LTD
HoleID East(MGA) North(MGA) RL(AHD) Dip(deg) Azi(MGA) HoleDepth From(m) To(m) DHWidth Gradeg/t Au TrueWidth
(m) (m) (m)
21.7413.92 22.0414.34 0.30.4 2.82.2 0.30.4
540 540.82 0.8 3.1 0.7
551 552.76 1.8 6.0 1.5
STKRT20046 333394 6597625 -63 -9 87 192 2.0 3.0 1.0 18.3 1.0
41.46 42.33 0.9 2.6 0.8
STKRT20047 333394 6597625 -64 -17 76 267 Pending
STKRT20048 333394 6597625 -64 -35 92 294 117.62 118.01 0.4 5.5 0.3
124.0 124.3 0.3 3.2 0.2
231.51 231.81 0.3 3.1 0.2
232.27 233.0 0.7 3.4 0.5
STKRT20049 333359 6597635 -161 0 97 228 0.0 1.0 1.0 3.9 0.9
1.95 2.63 0.7 2.5 0.6
5.22 5.7 0.5 2.2 0.4
6.7 7.0 0.3 6.0 0.3
12.0 12.67 0.7 3.0 0.6
106.1 106.5 0.4 2.1 0.4
STKRT20050 333357 6597638 -162 -30 84 267 NSI
STKRT20051 333361 6597633 -162 -33 352 248 102.0 102.3 0.3 6.0 0.2
164.95 165.32 0.4 3.3 0.2
175.3 175.66 0.4 12.2 0.2
179.51 180.85 1.3 3.8 0.8
180.85 183.1 2.3 3.1 1.4
183.6 183.9 0.3 6.4 0.2
217.8 218.1 0.3 5.5 0.2
STKRT20052 333360 6597634 -162 -72 112 246 101.0 102.2 1.2 3.0 0.6
104.5 104.95 0.5 54.2 0.2
105.35 105.65 0.3 4.1 0.2
106.25 107.18 0.9 2.4 0.5
107.18 107.68 0.5 2.2 0.3
108.3 108.7 0.4 2.1 0.2
140.0 141.15 1.2 3.9 0.6
141.5 141.96 0.5 6.9 0.2
148.0 148.7 0.7 4.1 0.4
STKRT20053 333394 6597625 -63 -3 67 489 Pending
STKRT20055 333361 6597633 -162 -35 106 314 12.64 13.19 0.6 2.4 0.3
31.85 32.3 0.5 3.6 0.2
105.72 106.14 0.4 3.2 0.2
108.72 109 0.3 2.4 0.1
158.86 159.16 0.3 10.8 0.2
STKRT20056 333360 6597634 -162 -41 122 180 16.87 17.32 0.5 6.8 0.4
134.27 134.57 0.3 10.2 0.2
139.38 139.68 0.3 3.9 0.2
145.58 146.25 0.7 9.6 0.5
STKRT20058 333486 6597502 76 9 86 254 Pending
STKRT20059 333488 6597501 75 9 35 550 Pending
STKRT20060 333488 6597501 75 9 63 540 Pending
STKRT20061 333490 6597499 75 -11 74 468 218.6 219.32 0.7 1.9 0.7
267.39 268.32 0.9 6.1 0.9
STKRT20062 333490 6597499 75 -31 90 352 NSI
STKRT20065 333490 6597498 76 -10 94 453 Pending
STKRT20066 333489 6597498 74 -53 97 381 NSI

Table 5: Summary of significant assays results for Startrek

Figure 7: Plan view and core photos of significant results in STKRT20035, STKRT20040, STKRT20055 and STKRT20056.

3.2.3 Raleigh

Exploration drilling at Raleigh during the quarter targeted the Falcon corridor and is included under the Falcon section.

4 Future Work

4.1 In-mine Exploration

Exploration drilling will continue to test the Falcon corridor to the west of the Rubicon and Hornet mines (15250N – 16700N), testing at depth from the H5776 drill platform and higher up from the Rubicon Link.

Exploration drilling to test Falcon at depth east of Raleigh will continue. Drill spacing will be reduced from 160m to 80m after promising visual results in initial exploration holes (assays pending) and additional 160m spaced holes will be drilled to test the extents of Falcon proximal to these intercepts.

At Startrek, drilling will continue to reduce the drill hole spacing between positive intersections east of Rubicon and commence wide space drill targeting east of Hornet that is currently untested.

4.2 Regional Exploration

Results are expected for the Golden Hind Drilling which will require follow-up evaluation and interpretation.

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.

5 APPENDIX 1

JORC Code, 2012 Edition – Table 1

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code Explanation Commentary
Sampling techniques  Nature and quality of sampling (e.g. cut channels, random chips, orspecific specialised industry standard measurement tools appropriate tothe minerals under investigation, such as down hole gamma sondes, orhandheld XRF instruments, etc.). These examples should not be taken aslimiting the broad meaning of sampling. Include reference to measures taken to ensure sample representivityand the appropriate calibration of any measurement tools or systemsused. Aspects of the determination of mineralisation that are Material to thePublic Report. In cases where 'industry standard' work has been done this would berelatively simple (e.g. 'reverse circulation drilling was used to obtain 1 msamples from which 3 kg was pulverised to produce a 30g charge for fireassay'). In other cases, more explanation may be required, such aswhere there is coarse gold that has inherent sampling problems. Unusualcommodities or mineralisation types (e.g. submarine nodules) maywarrant disclosure of detailed information.  Sampling was completed using combination of Reverse Circulation (RC) and diamond drill core(DD). RC samples were split using a rig-mounted cone splitter on 1m intervals to obtain a sample for assay.These 1m samples were submitted for assay within 24 hours Diamond core was transferred to core trays for logging and sampling. Half core or full core sampleswere nominated by the geologist from HQ or NQ diamond core, with a minimum sample width of20cm and a maximum width of 120cm. Samples were transported to various analysis laboratories in Kalgoorlie for preparation by drying,crushing to <3mm, and pulverizing the entire sample to <75μm. 300g Pulp splits were analysed in laboratories in both Kalgoorlie and Perth for 40-50g Fire assaycharge and AAS analysis for gold.
Drilling techniques  Drill type (e.g. core, reverse circulation, open-hole hammer, rotary airblast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, tripleor standard tube, depth of diamond tails, face-sampling bit or othertype, whether core is oriented and if so, by what method, etc.).  For underground drilling, NQ2 (50.6mm) diameter core was used. Core was orientated using an electronic 'back-end tool' core orientation system. RC Drilling was completed using a 5.75" drill bit, downsized to 5.25" at depth.
Drill sample recovery  Method of recording and assessing core and chip sample recoveriesand results assessed. Measures taken to maximise sample recovery and ensure representativenature of the samples. Whether a relationship exists between sample recovery and grade andwhether sample bias may have occurred due to preferential loss/gainof fine/coarse material.  Moisture content and sample recovery are recorded for each RC sample. For diamond drilling the contractors adjust their rate of drilling and method if recovery issues arise.All recovery is recorded by the drillers on core blocks. This is checked and compared to themeasurements of the core by the geological team. Any issues are communicated back to thedrilling contractor. RC drilling contractors adjust their drilling approach to specific conditions to maximize samplerecovery. Moisture content and sample recovery are recorded for each RC sample. No recoveryissues were identified during 2020 RC drilling. Recovery was poor at the very beginning of each hole,as is normal for this type of drilling in overburden Recovery was excellent for diamond core and no relationship between grade and recovery wasobserved.
Criteria JORC Code Explanation Commentary
Logging  Whether core and chip samples have been geologically andgeotechnically logged to a level of detail to support appropriate MineralResource estimation, mining studies and metallurgical studies.  All diamond core is logged for regolith, lithology, veining, alteration, mineralisation and structure.Structural measurements of specific features are taken through oriented zones. All logging isquantitative where possible and qualitative elsewhere. A photograph is taken of every core tray.
 Whether logging is qualitative or quantitative in nature. Core (orcostean, channel, etc.) photography.  RC sample chips are logged in 1m intervals. For the entire length of each hole. Regolith, Primarylithology, alteration, veining and mineralisation are all recorded.
 The total length and percentage of the relevant intersections logged.
Sub-sampling techniques and  If core, whether cut or sawn and whether quarter, half or all core taken.  All diamond core that was half-core sampled was cut longitudinally with an automated core saw.
sample preparation  If non-core, whether riffled, tube sampled, rotary split, etc. and whethersampled wet or dry.  All RC samples are split using a rig-mounted cone splitter to collect a 1m sample 3-4kg in size.Moisture content of the sample is recorded and noted if wet samples are obtained
 For all sample types, the nature, quality and appropriateness of thesample preparation technique.  Sample preparation was conducted at various laboratories in Kalgoorlie, commencing with sorting,checking and drying at less than 110°C to prevent sulphide breakdown. Samples are jaw crushed
 Quality control procedures adopted for all sub-sampling stages tomaximise representivity of samples. to a nominal -6mm particle size. The entire crushed sample is then pulverized to 90% passing 75μm,using a bowl or ring-mill pulveriser. 300g Pulp subsamples are then taken with an aluminium scoopand stored in labelled pulp packets.
 Measures taken to ensure that the sampling is representative of the insitu material collected, including for instance results for fieldduplicate/second-half sampling.  Grind checks are performed at both the crushing stage (3mm) and pulverising stage (75μm),requiring 90% of material to pass through the relevant size to ensure consistent sample preparation.
 Whether sample sizes are appropriate to the grain size of the materialbeing sampled.
Quality of assay data andlaboratory tests  The nature, quality and appropriateness of the assaying and laboratoryprocedures used and whether the technique is considered partial ortotal.  A 40-50g fire assay charge is used with a lead flux, dissolved in the furnace. The prill is totally digestedin HCl and HNO3 acids before Atomic Absorption Spectroscopy (AAS) determination for goldanalysis. This method ensures total gold is reported appropriately.
 For geophysical tools, spectrometers, handheld XRF instruments, etc., the  No geophysical tools were used to determine any element concentrations
parameters used in determining the analysis including instrument makeand model, reading times, calibrations factors applied and theirderivation, etc.  Certified Reference Materials (CRMs) are inserted into the sample sequence randomly at a rate of1 per 20 composite samples to ensure correct calibration. Any values outside of 3 standarddeviations are scrutinised and re-assayed with a new CRM if the failure is deemed genuine.
 Nature of quality control procedures adopted (e.g. standards, blanks,duplicates, external laboratory checks) and whether acceptable levelsof accuracy (i.e. lack of bias) and precision have been established.  Blanks are inserted into the sample sequence at a rate of 1 per 20 composite samples. Failures above0.2g/t are scrutinised and re-assayed if required. New pulps are prepared if failures remain.
 All sample QAQC results are assessed by geologists to ensure the appropriate level of accuracy andprecision when the results have been returned from the laboratory.
 Field duplicates are taken for all RC samples (1 in 50 samples)
Verification of sampling andassaying  The verification of significant intersections by either independent oralternative company personnel.  All significant intersections are verified by the project geologist and senior geologist during the drillhole validation process.
 The use of twinned holes.  No holes were twinned as part of the programmes in this report.
 Documentation of primary data, data entry procedures, dataverification, data storage (physical and electronic) protocols.  Geological logging was captured using Acquire database software. Both a hardcopy andelectronic copy of these are stored. Assay files are received in csv format and loaded directly intothe database by the supervising geologist who then checks that the results have inserted correctly.

Discuss any adjustment to assay data.

Hardcopy and electronic copies of these are also kept. No adjustments are made to this assay data.

EKJV MANAGEMENT PTY LTD
--------------------------------
Criteria JORC Code Explanation Commentary
Location of data points  Accuracy and quality of surveys used to locate drill holes (collar anddown-hole surveys), trenches, mine workings and other locations used inMineral Resource estimation. Specification of the grid system used. Quality and adequacy of topographic control.  All collars for underground drilling are located in the local mine grid by a mine surveyor using a lasertheodolite. A planned RC hole is pegged using a hand-held GPS by the geologist. The final collar is picked upafter hole completion by Differential GPS in the MGA 94 Zone 51 grid. During drilling, single-shotsurveys are taken every 30m as a minimum standard to ensure the hole remains close to design witha further survey taken at the end of hole. A continuous north-seeking gyro tool is used. A moredetailed survey (i.e. more survey stations) is generally conducted upon completion of the hole.Results are uploaded to an online server, where they can be downloaded and imported intoNorthern Star's Acquire database.
Data spacing and distribution  Data spacing for reporting of Exploration Results. Whether the data spacing and distribution is sufficient to establish thedegree of geological and grade continuity appropriate for the MineralResource and Ore Reserve estimation procedure(s) and classificationsapplied. Whether sample compositing has been applied.  Surface drill hole spacing is variable and dependent on the interpreted geometries of geology andmineralisation at individual prospects. In-mine diamond drill holes spacings are also variable from 80m apart through to isolated single drillholes. Closer spaced drilling is considered operational drilling, beyond the scope of this report.
Orientation of data in relationto geological structure  Whether the orientation of sampling achieves unbiased sampling ofpossible structures and the extent to which this is known, considering thedeposit type. If the relationship between the drilling orientation and the orientation ofkey mineralised structures is considered to have introduced a samplingbias, this should be assessed and reported if material.  All drilling both underground and surface is oriented as close as practical to perpendicular to thetarget structures. The orientation of all in-mine target structures is well known and drill holes are onlydesigned where meaningful intercept angles can be achieved. No sampling bias is considered to have been introduced by the drilling orientation.
Sample security  The measures taken to ensure sample security.  Prior to laboratory submission samples are stored by Northern Star in a secure yard. Once submittedto the laboratories they are stored in a secure fenced compound and tracked through their chainof custody via audit trails.
Audits or reviews  The results of any audits or reviews of sampling techniques and data.  No audits or reviews have recently been conducted on sampling techniques; however, lab auditsare conducted on a regular basis.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code Explanation Commentary
Mineral tenement and landtenure status  Type, reference name/number, location and ownership includingagreements 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.  All diamond holes mentioned in this report are located within the M16/309 and M15/993 Miningleases held by The East Kundana Joint Venture (EKJV). The EKJV is majority owned and managed byNorthern Star Resources Ltd (51%). The minority holding in the EKJV is held by Tribune Resources Ltd(36.75%) and Rand Mining Ltd (12.25%).
 The security of the tenure held at the time of reporting along with anyknown impediments to obtaining a licence to operate in the area.  M16/309 is subject to two royalty agreements; however, neither of these is applicable to theProspects described in this report. The agreements concerned are the Kundana‐ Hornet CentralRoyalty and the Kundana Pope John Agreement No. 2602‐13. No known impediments exist and thetenement is in good standing
Exploration done by otherparties  Acknowledgment and appraisal of exploration by other parties.  Underground drilling on the Raleigh and Hornet-Rubicon-Pegasus mines extends the mineralisedtrends from older drilling including that of previous operators of those mines including Barrick Gold,Placer Dome Asia-Pacific, Aurion Gold, Goldfields Limited and other predecessors.
Geology  Deposit type, geological setting and style of mineralisation.  The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt, in an area dominatedby the Zuleika Shear Zone, which separates the Coolgardie domain from the Ora Banda domain.The Zuleika Shear Zone in the Kundana area comprises multiple anastomosing shears the mostimportant of which are the K2, the K2A and Strzelecki Shears.
 Raleigh and Golden Hind mineralisation are hosted on the Strzelecki Structure. Strzeleckimineralisation consists of very narrow, very high-grade mineralisation on a laminated vein hosted inthe camp-scale Strzelecki Shear which abuts a differentiated mafic intrusive, the Powder SillGabbro against intermediate volcanoclastic rocks (Black Flag Group). A thin 'skin' ofvolcanogenic lithic siltstone-sandstone lies between the gabbro and the Strzelecki shear. Beingbound by an intrusive contact on one side and a sheared contact on the other, the thickness ofthe sedimentary package is highly variable from absent to about forty metres true width.
 The Hornet-Rubicon-Pegasus mineralisation consists primarily of high-grade laminated vein hostedgold on the K2 plane of the Zuleika shear with additional mineralisation on associated lower-orderstructures. The Falcon target is a related mineralised zone in the hangingwall to Pegasus andbetween the two main Zuleika structures, the K2 and Strzelecki structures.

Criteria JORC Code Explanation Commentary
Drill hole Information  A summary of all information material to the understanding of the  Refer to the various tables in the body of this report.
exploration results including a tabulation of the following information forall material drill holes:  Exploration results that are not material to this report are excluded for some drill programmes,
 easting and northing of the drill hole collar however, the drill physicals are all detailed for all drilling regardless of the outcome.
 elevation or RL (Reduced Level – elevation above sea level inmetres) of the drill hole collar
 dip and azimuth of the hole
 down hole length and interception depth
 hole length.
 If the exclusion of this information is justified on the basis that theinformation is not Material and this exclusion does not detract from theunderstanding of the report, the Competent Person should clearlyexplain why this is the case.
Data aggregation methods  In reporting Exploration Results, weighting averaging techniques,maximum and/or minimum grade truncations (e.g. cutting of highgrades) and cut-off grades are usually Material and should be stated.  All drill results are reported as aggregates across the target zone.
 Where aggregate intercepts incorporate short lengths of high-graderesults and longer lengths of low-grade results, the procedure used forsuch aggregation should be stated and some typical examples of suchaggregations should be shown in detail.
 The assumptions used for any reporting of metal equivalent valuesshould be clearly stated.
Relationship betweenmineralisation widths and  These relationships are particularly important in the reporting ofExploration Results.  The orientation of target structures is well known for all in-mine exploration targets and true widthscan be accurately calculated and are reported accordingly.
intercept lengths  If the geometry of the mineralisation with respect to the drill hole angleis known, its nature should be reported.  Both the downhole width and true width have been clearly specified when used.
 If it is not known and only the down hole lengths are reported, thereshould be a clear statement to this effect (e.g. 'down hole length, truewidth not known').
Diagrams  Appropriate maps and sections (with scales) and tabulations ofintercepts should be included for any significant discovery beingreported. These should include, but not be limited to a plan view of drillhole collar locations and appropriate sectional views.  Refer to the figures the body of this report for the spatial context of all holes planned and drilled todate.
Balanced reporting  Where comprehensive reporting of all Exploration Results is notpracticable, representative reporting of both low and high gradesand/or widths should be practised to avoid misleading reporting ofExploration Results.  Exploration results that are not material to this report are excluded for some drill programmes,however, the drill physicals are all detailed for all drilling regardless of the outcome.

Criteria JORC Code Explanation Commentary
Other substantive explorationdata  Other exploration data, if meaningful and material, should be reportedincluding (but not limited to): geological observations; geophysicalsurvey results; geochemical survey results; bulk samples – size andmethod of treatment; metallurgical test results; bulk density,groundwater, geotechnical and rock characteristics; potentialdeleterious or contaminating substances.  No other material exploration data has been collected for this drill program.
Further work  The nature and scale of planned further work (e.g. tests for lateralextensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, includingthe main geological interpretations and future drilling areas, providedthis information is not commercially sensitive.  Further planned work is referenced in the report body