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REACH RESOURCES LIMITED Capital/Financing Update 2018

Jun 27, 2018

65731_rns_2018-06-27_9687d50e-e5ea-4008-9cce-f7e88b7d9d8e.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT/MEDIA RELEASE

28 June 2018

Albury Heath Drilling Enhances Resource Potential

Recently completed RC drilling at Albury Heath returned new significant gold intersections (down hole length, true width not known):

2m @ 67.2 g/t from 27m in AHP116, incl 1m @ 129.3 g/t from 27m

4m @ 9.1 g/t from 19m in AHP119, incl 2m @ 16.5 g/t from 19m

  • 2m @ 18.2 g/t from 4m in AHP127, incl 1m @ 31.4 g/t from 4m

  • 1m @ 31.4 g/t from 36m in AHP128

  • 4m @ 5.8 g/t from 45m in AHP129, incl 1m @ 19 g/t from 45m

  • 3m @ 9.0 g/t from 81m in AHP130, incl 1m @ 21.3 g/t from 82m

  • 5m @ 63.1 g/t from 32m in AHP134, incl 1m @ 202.8 g/t from 33m

8m @ 23.1 g/t from 87m in AHP135, incl 2m @ 49.0 g/t from 87m

All final assays awaited before analysis and re-assessment of the resource

The first batch of assays from samples collected during the recent RC drilling campaign at Albury Heath (Figure 1) have been received. Twenty nine RC holes for 1,866m were completed (see announcement on 14 May, 2018 and Figure 2). Of the total of 2,009 samples collected, 1,356 have now been received.

The drilling was undertaken to:

  • Test the down dip potential of known lodes. The mineralisation is open and, based on previous drilling, shows no signs of abating at depth,

  • Test the up dip potential of known lodes. Near surface mineralisation has been inadequately sampled in past drilling. Increasing this area of the resource will bolster the economics of open pit mining, and

  • Sample the potentially mineralised footwall to historic underground stopes. These were inadequately sampled by past drilling. That drilling indicated that the stopes have an envelope of mineralisation on the hanging wall and also, where tested, on the footwall.

The received assays are from holes drilled into the southwestern edge of the resource (ASX announcement 7 February 2017). Drilling returned individual single metre assays of high-grade gold of 202.79 g/t (over 6 ounces per tonne), 129.3 g/t, 51.75 g/t, and 31.4 g/t gold (See Appendix 1

Page 1 of 23

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for full assay data). These are pleasing results in that previous drilling indicated some of the areas previously drilled were devoid of any significant gold grades. The current drilling has possibly extended the resource of those areas. Until a full analysis is undertaken, however, there is no basis to determine if such an outcome will occur.

Easting
GDA94
Northing
GDA94
Depth
(m)
Azimuth
(TN)
Dip
Hole ID
AHP111 656513 7035955 24 300~~o~~ 60~~o~~
AHP112 656473 7035952 50 300~~o~~ 60~~o~~
AHP113 656472 7035976 30 300~~o~~ 60~~o~~
AHP114 656499 7035985 70 300~~o~~ 60~~o~~
AHP115 656509 7035980 84 300~~o~~ 60~~o~~
AHP116 656478 7036021 30 300~~o~~ 60~~o~~
AHP117 656535 7035985 84 300~~o~~ 60~~o~~
AHP118 656508 7036015 84 300~~o~~ 60~~o~~
AHP119 656497 7036034 36 300~~o~~ 60~~o~~
AHP120 656522 7036020 84 300~~o~~ 60~~o~~
AHP121 656543 703610 84 300~~o~~ 60~~o~~
AHP122 656491 7036066 20 300~~o~~ 60~~o~~
AHP123 656496 7036059 45 300~~o~~ 60~~o~~
AHP124 656503 7036053 30 300~~o~~ 60~~o~~
AHP125 656520 7036044 84 300~~o~~ 60~~o~~
AHP126 656541 7036033 110 300~~o~~ 60~~o~~
AHP127 656500 7036072 40 300~~o~~ 60~~o~~
AHP128 656509 7036068 50 300~~o~~ 60~~o~~
AHP129 656522 7036059 78 300~~o~~ 60~~o~~
AHP130 656536 7036060 96 300~~o~~ 60~~o~~
AHP131 656520 7036078 50 300~~o~~ 60~~o~~
AHP132 656508 7036097 30 300~~o~~ 60~~o~~
AHP133 656556 7036090 100 300~~o~~ 60~~o~~
AHP134 656545 7036122 120 300~~o~~ 60~~o~~
AHP135 656553 7036068 65 300~~o~~ 60~~o~~
AHP136 656569 7036129 90 300~~o~~ 60~~o~~
AHP137 656610 7036175 66 300~~o~~ 60~~o~~
AHP138 656473 7036093 28 120~~o~~ 60~~o~~
AHP139 656473 7036093 120 120~~o~~ 70~~o~~

Table 1 . Drill hole statistics, RC drilling at Albury Heath. Co-ordinate system used is MGA / GDA94, Zone 50. Co-ordinates determined from hand held GPS with approximately +/-3m accuracy. RL data not presented as of insufficient accuracy at this stage. The area is generally flat.

Geology

Geological mapping of the underground workings in 1982 reported no distinction between foot wall and hanging wall, the host being a weathered medium grained fuchsitic quartz-tremolite-chlorite rock with remnant basaltic to gabbroic texture (DMIRS Open file report A37137, R.G.Colville, 1982).

Page 2 of 23

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Figure 1 . Location, Albury Heath Project, WA.

The quartz-haematite lode mined infilled a major shear. Narrow quartz-haematite stringers along small shears parallel to the main lode contain high gold values. The mineralised zone strikes 35[o] TN, varies from 0.4 to 4m in width and dips from 70[o] to 80[o ] to the southeast. A steep (65[o] ) northeasterly plunge is interpreted. The lode material contains up to 5% pyrite and minor arsenopyrite.

Page 3 of 23

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The host rocks are completely carbonatised mafic flow rocks; amygdaloidal and spinifex textures being evident.

Previous (historic) drilling, as reported by Cervantes 7 February, 2017 and 6 March, 2018 indicated erratic lithological correlation with gold grade in logging. The majority of that drilling was by RC and little structural information was collected. Figure 3 shows a typical grade cross section of the prospect based on gold intercepts. The position of the cross section is indicated on Figure 2.

==> picture [456 x 549] intentionally omitted <==

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

A
A’
Figure 2 . Drilling Location, 2018 drilling, Albury Heath Project, WA. Refer to Figure 3 for representative
cross section. Grid is GDA94, Zone 50.
----- End of picture text -----

Page 4 of 23

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Figure 3 . Drill section 19960N preliminary geological interpretation. Host rock is undifferentiated mafics. Mineralisation occurs within a series of steeply dipping en echelon shear zones. RL datum for section is arbitrary. Plotted on a local grid. Location of section is shown on Figure 2. MGA94 co-ordinates of holes are listed in Table 1. Hole numbers annotated in red are the subject of this announcement.

Follow-up

Outstanding and final assays for this round of drilling are expected within the next two weeks. An interpretation of the drilling can then be made and a model synthesised. A decision will then be made on whether to recalculate the resource model for the Albury Heath and what additional work may be needed to further define that resource.

Opportunity

The Albury Heath gold resource occurs within relatively easy trucking distance of a number of existing operating and mothballed gold plants. Continued development of this project may provide early cash flow for Cervantes if the ore is toll treated, while Cervantes considers acquisition of, or working with other PL holders in the area.

Exploration Potential

Cervantes took the precaution at the time of acquiring the Albury Heath project to peg a further five Prospecting Leases around it for potential expansion of the resource through exploration. A number of targets, with a similar geophysical signature to the Albury Heath occurrence, have been identified along the NNW-SSE structure on which it occurs. Once the geologic model for Albury Heath is finalised, that model will be used for exploration on these PLs and potentially the surrounding area.

Page 5 of 23

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About Cervantes Corporation Limited

Cervantes is an emerging gold explorer and aspiring gold miner. It has built up a portfolio of gold properties in well-known and historically producing gold districts with a strategy to apply novel exploration and development thinking. Cervantes has identified opportunities in those districts that were overlooked by previous explorers. The company is committed to maximizing shareholder value through the development of those opportunities.

About the Albury Heath Project

The Albury Heath Project is centred on the historic Albury Heath gold mine. Gold production from underground workings during the period 1948 to 1957 totaled 2,204 oz at an average head grade of 47.8g/t or 1.54oz/t.

Gold mineralisation is associated with quartz veining, quartz stringers, quartz stockworks, and wall rock alteration located in a major regional fault zone that trends north-northeasterly across the eastern side of the Meekatharra Greenstone Belt. The mineralisation occurs primarily within quartzsulphide veins that are up to 4m in width. The main vein strikes north-northeasterly and dips steeply at 75[o] - 80[o] to the east-southeast.

Cervantes wholly owns six Prospecting Licences covering the Albury Heath mine and its surrounds (P51/2937 and P51/2997 to 3001). These comprise an area totaling 10.8km[2] that cover the northerly and southerly extent of the main controlling structure.

Competent Person’s Statement

The details contained in this report that pertain to exploration results are based upon information compiled by Mr Marcus Flis, a Director and Exploration Manager of Cervantes Corporation Limited. Mr Flis is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM) and has sufficient experience in the activity which he is undertaking to qualify as a Competent Person as defined in the December 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Flis consents to the inclusion in the report of the matters based upon his information in the form and context in which it appears.

Forward Looking Statement

This report contains forward looking statements concerning the projects owned by Cervantes Corporation Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements are based on management’s beliefs, opinions and estimates as of the dates the forward looking statements are made and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

Collin Vost Executive Chairman (08) 6436 2300 [email protected]

Page 6 of 23

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Appendix1 RC Assays

Gold assays from recent RC drilling. All samples are of 1m intervals.

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP111
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
0
1
0.006
1
2
0.011
2
3
0.003
3
4
0.041
4
5
0.003
5
6
0.003
6
7
0.003
7
8
0.003
8
9
0.003
9
10
0.003
10
11
0.003
11
12
0.003
12
13
0.060
13
14
0.003
14
15
0.003
15
16
0.003
16
17
0.003
17
18
0.003
18
19
0.003
19
20
0.003
20
21
0.003
21
22
0.003
22
23
0.003
23
24
0.003
0
1
0.003
1
2
0.003
2
3
0.003
3
4
0.003
4
5
0.003
5
6
0.003
6
7
0.003
7
8
0.003
8
9
0.003
9
10
0.003
10
11
0.003
11
12
0.003
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
AHP112
12
13
0.003
13
14
0.003
14
15
0.003
15
16
0.003
16
17
0.003
17
18
0.003
18
19
0.020
19
20
0.009
20
21
0.012
21
22
0.442
22
23
0.032
23
24
0.100
24
25
0.007
25
26
0.003
26
27
0.007
27
28
0.003
28
29
0.003
29
30
0.007
30
31
0.044
31
32
0.003
32
33
0.003
33
34
0.003
34
35
0.003
35
36
0.003
36
37
0.003
37
38
0.003
38
39
0.003
39
40
0.006
40
41
0.003
41
42
0.003
42
43
0.003
43
44
0.003
44
45
0.003
45
46
0.003
46
47
0.008
47
48
0.008
AHP112
AHP112
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP113
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
48
49
0.006
49
50
0.009
0
1
0.009
1
2
0.013
2
3
0.003
3
4
0.003
4
5
0.003
5
6
0.003
6
7
0.006
7
8
0.009
8
9
0.003
9
10
0.003
10
11
0.782
11
12
0.003
12
13
0.003
13
14
0.008
14
15
0.003
15
16
1.956
16
17
0.345
17
18
0.285
18
19
1.389
19
20
3.519
20
21
0.707
21
22
0.366
22
23
1.668
23
24
0.047
24
25
0.059
25
26
0.029
26
27
0.746
27
28
1.384
28
29
0.492
29
30
0.277
0
1
0.003
1
2
0.003
2
3
0.003
3
4
0.008
4
5
0.003
5
6
0.003

Page 7 of 23

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From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
6
7
0.008
7
8
0.008
8
9
0.003
9
10
0.003
10
11
0.013
11
12
0.003
12
13
0.003
13
14
0.014
14
15
0.013
15
16
0.011
16
17
0.011
17
18
0.006
18
19
0.012
19
20
0.014
20
21
0.010
21
22
0.016
22
23
0.003
23
24
0.017
24
25
0.008
25
26
0.011
26
27
1.064
27
28
1.018
28
29
0.276
29
30
0.094
30
31
0.052
31
32
0.036
32
33
0.008
33
34
0.003
34
35
0.174
35
36
0.263
36
37
0.003
37
38
0.059
38
39
0.232
39
40
1.507
40
41
0.083
41
42
0.006
42
43
0.003
43
44
0.054
44
45
0.125
45
46
0.003
46
47
0.003
47
48
0.008
48
49
0.010
49
50
0.009
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP114
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
50
51
0.003
51
52
0.012
52
53
0.016
53
54
0.011
54
55
0.005
55
56
0.015
56
57
0.013
57
58
0.009
58
59
0.018
59
60
0.003
60
61
0.006
61
62
0.008
62
63
0.015
63
64
0.013
64
65
0.007
65
66
0.017
66
67
0.003
67
68
0.017
68
69
0.011
69
70
0.003
70
71
0.158
71
72
0.003
72
73
0.012
73
74
0.006
74
75
0.005
0
1
0.025
1
2
0.016
2
3
0.031
3
4
0.003
4
5
0.005
5
6
0.009
6
7
0.003
7
8
0.073
8
9
0.011
9
10
0.006
10
11
0.003
11
12
0.008
12
13
0.003
13
14
0.003
14
15
0.003
15
16
0.006
16
17
0.011
17
18
0.011
18
19
0.021
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
19
20
0.010
20
21
0.015
21
22
0.014
22
23
0.012
23
24
0.008
24
25
0.017
25
26
0.015
26
27
0.014
27
28
0.014
28
29
0.006
29
30
0.003
30
31
0.091
31
32
0.076
32
33
0.019
33
34
0.003
34
35
0.007
35
36
0.032
36
37
0.013
37
38
0.011
38
39
0.011
39
40
0.007
40
41
0.014
41
42
0.071
42
43
0.003
43
44
0.039
44
45
0.003
45
46
0.003
46
47
0.016
47
48
0.012
48
49
0.006
49
50
0.008
50
51
0.005
51
52
0.014
52
53
0.013
53
54
0.010
54
55
0.012
55
56
0.019
56
57
0.013
57
58
0.015
58
59
0.013
59
60
0.010
60
61
0.010
61
62
0.010
62
63
0.012

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From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP115
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
AHP116
63
64
0.007
64
65
0.012
65
66
0.016
66
67
0.019
67
68
0.018
68
69
0.003
69
70
0.010
70
71
0.008
71
72
0.013
72
73
0.014
73
74
0.019
74
75
0.011
75
76
0.003
76
77
0.008
77
78
0.019
78
79
0.003
79
80
0.008
80
81
0.012
81
82
0.003
82
83
0.017
83
84
0.012
0
1
0.130
1
2
0.203
2
3
0.141
3
4
0.033
4
5
1.729
5
6
3.956
6
7
0.102
7
8
0.013
8
9
0.003
9
10
0.003
10
11
0.006
11
12
0.003
12
13
0.003
13
14
0.025
14
15
0.032
15
16
0.206
16
17
0.135
17
18
0.196
18
19
0.040
19
20
0.046
20
21
0.719
21
22
1.977
22
23
0.742
AHP116
AHP116
AHP116
AHP116
23
24
0.557
24
25
0.259
25
26
0.313
26
27
0.209
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
37
38
0.003
38
39
0.013
39
40
0.065
40
41
0.040
41
42
0.081
42
43
0.156
43
44
0.025
44
45
0.008
45
46
0.128
46
47
0.215
47
48
0.020
48
49
0.257
49
50
0.055
50
51
0.366
51
52
0.268
52
53
0.049
53
54
0.031
54
55
0.074
55
56
0.056
56
57
0.026
57
58
0.051
58
59
0.009
59
60
0.003
60
61
0.166
61
62
0.445
62
63
0.038
63
64
0.012
64
65
0.042
65
66
0.016
66
67
0.106
67
68
0.038
68
69
0.100
69
70
0.008
70
71
0.005
71
72
0.003
72
73
0.173
73
74
0.003
74
75
0.003
75
76
0.003
76
77
0.003
77
78
0.003
78
79
0.024
79
80
0.003
80
81
0.014
AHP116 27
28
129.319
AHP116 28
29
5.046
AHP116
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
AHP117
29
30
0.339
0
1
1.225
1
2
0.276
2
3
0.073
3
4
0.026
4
5
0.014
5
6
0.013
6
7
0.031
7
8
0.014
8
9
0.012
9
10
0.007
10
11
0.007
11
12
0.032
12
13
0.009
13
14
0.010
14
15
0.015
15
16
0.009
16
17
0.003
17
18
0.003
18
19
0.003
19
20
0.003
20
21
0.003
21
22
0.003
22
23
0.003
23
24
0.003
24
25
0.006
25
26
0.015
26
27
0.254
27
28
0.026
28
29
0.005
29
30
0.006
30
31
0.003
31
32
0.003
32
33
0.003
33
34
0.003
34
35
0.009
35
36
0.136
36
37
0.123

Page 9 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP117
AHP117
AHP117
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
81
82
0.075
82
83
0.007
83
84
0.003
0
1
0.045
1
2
0.039
2
3
0.011
3
4
0.009
4
5
0.009
5
6
0.007
6
7
0.016
7
8
0.010
8
9
0.003
9
10
0.010
10
11
0.008
11
12
0.013
12
13
0.019
13
14
0.005
14
15
0.010
15
16
0.014
16
17
0.003
17
18
0.003
18
19
0.016
19
20
0.003
20
21
0.079
21
22
0.020
22
23
0.005
23
24
0.016
24
25
0.003
25
26
0.017
26
27
0.012
27
28
0.015
28
29
0.013
29
30
0.087
30
31
0.024
31
32
1.334
32
33
0.089
33
34
0.116
34
35
0.063
35
36
0.035
36
37
1.125
38
39
0.012
39
40
0.006
40
41
0.055
41
42
0.034
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP118
AHP119
AHP119
42
43
0.028
43
44
0.007
44
45
0.006
45
46
0.008
46
47
0.062
47
48
0.070
48
49
0.986
49
50
0.114
50
51
0.026
51
52
1.383
52
53
3.042
53
54
2.999
54
55
0.192
55
56
0.117
56
57
0.057
57
58
1.479
58
59
0.079
59
60
0.034
60
61
0.047
61
62
0.905
62
63
1.440
63
64
0.928
64
65
0.072
65
66
0.258
66
67
0.025
67
68
0.022
68
69
0.668
69
70
0.176
70
71
0.093
71
72
0.189
72
73
0.051
73
74
0.089
74
75
0.196
75
76
0.108
76
77
0.076
77
78
6.798
78
79
0.076
79
80
0.007
80
81
0.124
81
82
0.011
82
83
0.003
83
84
0.003
0
1
0.061
1
2
0.043
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
2
3
0.023
3
4
0.030
4
5
0.019
5
6
0.018
6
7
0.021
7
8
0.021
8
9
0.017
9
10
0.036
10
11
0.044
11
12
0.012
12
13
0.053
13
14
0.052
14
15
0.174
15
16
0.463
16
17
0.024
17
18
0.020
18
19
0.286
AHP119 19
20
24.412
AHP119 20
21
8.662
AHP119 21
22
0.066
AHP119 22
23
3.224
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP119
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
23
24
0.265
24
25
0.090
25
26
0.125
26
27
0.062
27
28
0.036
28
29
0.052
29
30
3.050
30
31
0.026
31
32
0.026
32
33
0.009
33
34
0.037
34
35
0.020
35
36
0.014
0
1
0.106
1
2
0.099
2
3
0.028
3
4
0.008
4
5
0.014
5
6
0.021
6
7
0.013
7
8
0.008
8
9
0.007
9
10
0.006

Page 10 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
AHP120
10
11
0.063
11
12
0.023
12
13
0.021
13
14
0.028
14
15
0.005
15
16
0.003
16
17
0.003
17
18
0.008
18
19
0.003
19
20
0.003
20
21
0.009
21
22
0.042
22
23
0.003
23
24
0.003
24
25
0.003
25
26
0.032
26
27
0.017
27
28
0.049
28
29
0.246
29
30
0.018
30
31
0.017
31
32
0.034
32
33
0.136
33
34
0.031
34
35
0.028
35
36
0.044
36
37
0.003
37
38
0.016
38
39
0.003
39
40
0.003
40
41
0.044
41
42
0.006
42
43
0.021
43
44
0.037
44
45
0.017
45
46
0.331
46
47
0.072
47
48
0.016
48
49
0.010
49
50
0.145
50
51
0.062
51
52
1.413
52
53
1.037
53
54
0.279
AHP120
AHP120
AHP120
AHP120
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP125
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
54
55
0.117
55
56
0.053
56
57
0.013
57
58
0.206
64
65
5.817
65
66
0.291
66
67
0.075
67
68
0.071
68
69
0.031
69
70
0.015
70
71
0.022
71
72
0.045
72
73
0.006
73
74
0.003
74
75
0.003
75
76
0.017
76
77
0.057
77
78
0.005
78
79
0.013
79
80
0.007
80
81
0.003
81
82
0.044
82
83
0.075
83
84
0.038
0
1
0.027
1
2
0.019
2
3
0.051
3
4
0.006
4
5
0.003
5
6
0.003
6
7
0.010
7
8
0.005
8
9
0.003
9
10
0.003
10
11
0.003
11
12
0.003
12
13
0.003
13
14
0.003
14
15
0.003
15
16
0.003
16
17
0.003
17
18
0.013
18
19
0.009
19
20
0.003
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
20
21
0.010
21
22
0.003
22
23
0.010
23
24
0.012
24
25
0.014
25
26
0.028
26
27
0.016
27
28
0.003
28
29
0.003
29
30
0.006
30
31
0.006
31
32
0.022
32
33
0.003
33
34
0.059
34
35
0.003
35
36
0.047
36
37
0.020
37
38
0.003
38
39
0.023
39
40
0.003
40
41
0.010
41
42
0.043
42
43
0.034
43
44
0.009
44
45
0.016
45
46
0.011
46
47
0.003
47
48
0.006
48
49
0.006
49
50
0.008
50
51
0.008
51
52
0.005
52
53
0.022
53
54
0.025
54
55
0.833
55
56
0.151
56
57
0.346
57
58
2.084
58
59
0.768
59
60
0.420
60
61
0.019
61
62
0.069
62
63
0.523
63
64
0.225

Page 11 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
64
65
0.463
65
66
4.714
66
67
0.009
67
68
0.006
68
69
0.014
69
70
0.024
70
71
7.777
71
72
0.079
72
73
0.007
73
74
0.007
74
75
0.003
75
76
0.009
76
77
0.006
77
78
0.066
78
79
0.011
79
80
0.041
80
81
0.009
81
82
0.049
82
83
0.009
83
84
0.006
84
85
0.012
85
86
0.107
86
87
0.218
87
88
0.053
88
89
0.030
89
90
0.005
90
91
0.033
91
92
0.011
92
93
0.018
93
94
0.300
94
95
0.025
95
96
0.062
96
97
5.341
97
98
0.381
98
99
0.186
99
100
0.101
100
101
0.356
101
102
0.473
102
103
0.028
103
104
0.019
104
105
0.016
105
106
0.025
106
107
0.024
107
108
0.108
AHP126
AHP126
AHP126
AHP126
AHP126
AHP126
AHP127
AHP127
AHP127
AHP127
108
109
0.111
109
110
0.047
110
111
0.030
111
112
0.036
112
113
0.062
113
114
0.122
0
1
0.169
1
2
0.079
2
3
0.126
3
4
0.195
AHP127
AHP127
AHP127
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
39
40
0.003
40
41
0.006
41
42
0.010
0
1
0.124
1
2
0.069
2
3
0.036
3
4
0.069
4
5
0.045
5
6
0.040
6
7
0.020
7
8
0.028
8
9
0.045
9
10
0.030
10
11
0.011
11
12
0.694
12
13
0.612
13
14
0.027
14
15
5.240
15
16
0.048
16
17
0.021
17
18
0.023
18
19
0.033
19
20
0.011
20
21
0.176
21
22
0.052
22
23
7.778
23
24
0.060
24
25
0.108
25
26
0.278
26
27
0.136
27
28
0.052
28
29
0.039
29
30
0.038
30
31
0.079
31
32
0.815
32
33
0.048
33
34
0.072
34
35
0.123
35
36
0.013
AHP127 4
5
31.377
AHP127 5
6
5.088
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
AHP127
6
7
0.538
7
8
0.099
8
9
0.143
9
10
0.719
10
11
1.844
11
12
0.445
12
13
0.018
13
14
0.104
14
15
0.060
15
16
0.008
16
17
0.098
17
18
0.023
18
19
0.006
19
20
0.081
20
21
0.003
21
22
0.006
22
23
0.003
23
24
0.012
24
25
0.165
25
26
0.047
26
27
0.030
27
28
0.395
29
30
0.041
30
31
0.036
31
32
0.109
32
33
0.041
33
34
0.033
34
35
0.003
35
36
0.036
36
37
0.003
37
38
0.003
38
39
0.003
AHP128 36
37
31.412
AHP128
AHP128
AHP128
AHP128
37
38
0.081
38
39
0.025
39
40
0.024
40
41
0.009

Page 12 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP128
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
41
42
0.026
42
43
0.448
43
44
0.012
44
45
0.396
45
46
0.542
46
47
2.014
47
48
0.974
48
49
0.988
49
50
2.342
50
51
0.684
51
52
0.488
52
53
0.193
53
54
0.181
0
1
0.081
1
2
0.032
2
3
0.023
3
4
0.003
4
5
0.003
5
6
0.005
6
7
0.011
7
8
0.003
8
9
0.003
9
10
0.008
10
11
0.018
11
12
0.005
12
13
0.022
13
14
0.003
14
15
0.003
15
16
0.003
16
17
0.003
17
18
0.003
18
19
0.003
19
20
0.003
20
21
0.003
21
22
0.003
22
23
0.003
23
24
0.003
24
25
0.007
25
26
0.124
26
27
0.079
27
28
0.041
28
29
0.062
29
30
0.055
30
31
0.010
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
31
32
0.025
32
33
0.022
33
34
0.342
34
35
1.192
35
36
0.022
36
37
0.006
37
38
0.003
38
39
0.003
39
40
0.003
40
41
0.003
41
42
0.003
42
43
0.017
43
44
0.099
44
45
0.010
AHP129
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
77
78
0.085
0
1
0.060
1
2
0.027
2
3
0.012
3
4
0.009
4
5
0.009
5
6
0.008
6
7
0.006
7
8
0.003
8
9
0.006
9
10
0.007
10
11
0.007
11
12
0.003
12
13
0.003
13
14
0.008
14
15
0.008
15
16
0.007
16
17
0.007
17
18
0.003
18
19
0.003
19
20
0.003
20
21
0.003
21
22
0.008
22
23
0.007
23
24
0.007
24
25
0.113
25
26
0.008
26
27
0.060
27
28
0.206
28
29
0.152
29
30
0.008
30
31
0.006
31
32
0.009
32
33
0.003
33
34
0.003
34
35
0.003
35
36
0.007
36
37
0.010
37
38
0.011
38
39
0.011
39
40
0.003
40
41
0.012
41
42
0.010
42
43
0.245
AHP129 45
46
18.963
AHP129 46
47
3.157
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
47
48
0.418
49
50
0.314
50
51
0.132
51
52
0.486
52
53
0.858
53
54
0.630
54
55
0.052
55
56
0.374
56
57
0.039
57
58
0.025
58
59
0.156
60
61
0.724
AHP129 61
62
8.753
AHP129 62
63
3.176
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
AHP129
63
64
0.235
64
65
0.113
65
66
0.069
66
67
0.287
67
68
0.017
68
69
0.012
69
70
0.044
70
71
0.077
71
72
0.026
72
73
0.024
73
74
0.007
74
75
0.003
75
76
0.053
76
77
0.019

Page 13 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
43
44
0.016
44
45
0.003
45
46
0.019
46
47
0.292
47
48
0.022
49
50
1.524
50
51
0.958
51
52
1.498
52
53
0.006
53
54
0.204
54
55
0.036
55
56
0.338
56
57
0.216
57
58
0.066
58
59
0.044
60
61
0.055
61
62
0.084
62
63
0.233
63
64
0.012
64
65
0.134
65
66
0.354
66
67
1.419
67
68
2.956
68
69
0.075
69
70
0.026
70
71
0.024
71
72
0.017
72
73
0.018
73
74
0.010
74
75
0.016
75
76
0.010
76
77
0.071
77
78
0.104
78
79
0.006
79
80
0.018
80
81
0.555
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP130
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
89
90
0.018
90
91
0.606
91
92
0.065
92
93
0.034
93
94
0.011
94
95
0.014
95
96
0.019
0
1
0.028
1
2
0.037
2
3
0.020
3
4
0.012
4
5
0.015
5
6
0.017
6
7
0.017
7
8
0.011
8
9
0.127
10
11
0.038
11
12
0.013
12
13
0.003
13
14
0.014
14
15
0.009
15
16
0.003
16
17
0.003
17
18
0.003
18
19
0.003
19
20
0.003
21
22
0.003
22
23
0.003
23
24
0.013
24
25
0.451
25
26
0.012
26
27
0.032
27
28
0.016
28
29
0.049
29
30
0.108
30
31
0.047
31
32
0.053
32
33
0.238
33
34
0.013
34
35
0.050
35
36
0.005
36
37
0.006
37
38
1.029
38
39
0.040
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
AHP131
39
40
0.026
40
41
0.021
41
42
0.011
42
43
0.109
43
44
0.034
44
45
0.051
45
46
0.015
46
47
0.006
47
48
0.008
48
49
0.020
AHP131 49
50
2.132
AHP131 50
51
2.060
AHP131 51
52
4.333
AHP131
AHP131
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
AHP132
52
53
0.757
53
54
0.782
0
1
0.052
1
2
0.035
2
3
0.016
3
4
0.011
4
5
0.040
5
6
0.030
6
7
0.041
7
8
0.021
8
9
1.289
9
10
0.339
10
11
0.138
11
12
0.764
12
13
0.010
13
14
0.021
14
15
0.009
15
16
0.015
16
17
0.005
17
18
0.009
18
19
4.908
19
20
0.486
20
21
0.047
21
22
0.329
22
23
0.919
23
24
0.051
24
25
0.043
25
26
0.066
26
27
0.116
27
28
0.143
28
29
0.257
AHP130 81
82
4.411
AHP130 82
83
21.270
AHP130 83
84
1.225
AHP130
AHP130
AHP130
AHP130
AHP130
84
85
0.602
85
86
0.298
86
87
0.157
87
88
0.050
88
89
0.027

Page 14 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP132
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
29
30
0.221
0
1
0.015
1
2
0.014
2
3
0.036
3
4
0.015
4
5
0.007
5
6
0.003
6
7
0.003
7
8
0.005
8
9
0.059
9
10
0.019
10
11
0.138
11
12
0.028
12
13
0.059
13
14
0.036
14
15
0.008
15
16
0.006
16
17
0.007
17
18
0.009
18
19
0.028
19
20
0.206
20
21
0.072
21
22
0.013
22
23
0.042
23
24
1.331
24
25
0.476
25
26
0.297
26
27
0.025
27
28
0.017
28
29
0.016
29
30
0.003
30
31
0.123
31
32
0.015
32
33
0.009
33
34
0.006
34
35
0.003
35
36
0.009
36
37
0.003
37
38
0.003
38
39
0.003
39
40
0.003
40
41
0.003
41
42
0.003
42
43
0.003
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
43
44
0.003
44
45
0.386
45
46
0.003
46
47
0.010
47
48
0.011
48
49
0.014
49
50
0.014
50
51
0.018
51
52
0.003
52
53
0.003
53
54
0.008
54
55
0.008
55
56
0.205
56
57
0.239
57
58
0.036
58
59
0.008
59
60
0.003
60
61
0.003
61
62
0.010
62
63
0.003
63
64
0.003
64
65
0.003
65
66
0.003
66
67
0.003
67
68
0.006
68
69
0.003
69
70
0.003
70
71
0.006
71
72
0.003
72
73
0.009
73
74
0.087
74
75
0.164
75
76
0.008
76
77
0.006
77
78
0.006
78
79
0.003
79
80
0.003
80
81
0.021
81
82
0.013
82
83
0.017
83
84
0.069
84
85
0.220
85
86
0.717
86
87
3.667
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP133
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
87
88
1.387
88
89
1.555
89
90
0.241
90
91
0.977
91
92
0.213
92
93
0.078
93
94
0.199
94
95
0.039
95
96
0.040
96
97
0.025
97
98
0.060
98
99
0.060
99
100
0.022
100
101
0.097
101
102
0.317
102
103
0.059
103
104
0.029
104
105
0.027
105
106
0.010
106
107
0.081
107
108
0.027
108
109
0.006
109
110
0.009
110
111
0.014
111
112
0.024
112
113
0.003
113
114
0.003
114
115
0.003
115
116
0.003
116
117
0.003
117
118
0.003
118
119
0.003
119
120
0.003
0
1
0.013
1
2
0.022
2
3
0.021
3
4
0.011
4
5
0.015
5
6
0.017
6
7
0.029
7
8
0.027
8
9
0.286
9
10
0.664
AHP134 10
11
13.303

Page 15 of 23

==> picture [488 x 82] intentionally omitted <==

From
m
To
m
Au ppm
From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id Hole Id
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
11
12
0.349
12
13
0.301
13
14
0.589
14
15
0.484
15
16
0.182
16
17
0.027
17
18
0.060
18
19
0.034
19
20
0.011
20
21
0.011
21
22
0.021
22
23
0.017
23
24
0.011
24
25
0.007
25
26
0.007
26
27
0.007
27
28
0.017
28
29
0.072
29
30
0.140
30
31
0.501
31
32
0.435
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
55
56
0.032
56
57
0.058
57
58
0.009
58
59
0.010
59
60
0.012
60
61
0.005
61
62
0.008
62
63
0.010
63
64
0.011
64
65
0.003
65
66
0.008
0
1
0.013
1
2
0.017
2
3
0.010
3
4
0.010
4
5
0.010
5
6
0.008
6
7
0.017
7
8
0.008
8
9
0.018
9
10
0.046
10
11
0.003
11
12
0.003
12
13
0.010
13
14
0.014
14
15
0.015
15
16
0.012
16
17
0.003
17
18
0.066
18
19
0.026
19
20
0.143
20
21
0.191
21
22
0.193
22
23
0.121
23
24
0.069
24
25
0.087
25
26
0.015
26
27
0.008
27
28
0.006
28
29
0.011
29
30
0.017
30
31
0.068
31
32
0.003
32
33
0.006
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
33
34
0.003
34
35
0.006
35
36
0.176
36
37
0.106
37
38
0.007
38
39
0.189
39
40
0.006
40
41
0.003
41
42
0.003
42
43
0.003
43
44
0.003
44
45
0.003
45
46
0.055
46
47
0.129
47
48
0.044
48
49
0.020
49
50
0.013
50
51
0.024
51
52
0.003
52
53
0.007
53
54
0.008
54
55
0.013
55
56
0.017
56
57
0.010
57
58
0.007
58
59
0.003
59
60
0.042
60
61
0.526
61
62
0.400
62
63
0.402
63
64
0.078
64
65
0.012
65
66
0.028
66
67
0.047
67
68
0.094
68
69
0.125
69
70
0.083
70
71
0.032
71
72
0.028
72
73
0.022
73
74
0.301
74
75
0.036
75
76
0.356
76
77
1.518
AHP134 32
33
95.089
AHP134 33
34
202.794
AHP134 34
35
15.289
AHP134 35
36
1.486
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
AHP134
36
37
0.809
37
38
0.061
38
39
0.061
39
40
0.050
40
41
1.482
41
42
0.011
42
43
0.048
43
44
0.050
44
45
0.026
45
46
0.038
46
47
0.011
47
48
0.007
48
49
0.872
49
50
0.295
50
51
0.181
51
52
0.038
52
53
0.044
53
54
0.023
54
55
0.050

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From
m
To
m
Au ppm
From
m
To
m
Au ppm
Hole Id Hole Id
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
77
78
1.794
78
79
0.140
79
80
0.091
80
81
0.030
81
82
0.016
82
83
0.026
83
84
2.112
84
85
0.285
85
86
0.063
86
87
0.176
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
13
14
0.031
14
15
0.019
15
16
0.009
16
17
0.003
17
18
0.016
18
19
0.003
19
20
0.003
20
21
0.042
21
22
0.027
22
23
0.003
23
24
0.249
24
25
0.137
25
26
0.206
26
27
0.954
27
28
0.396
28
29
0.305
AHP135 87
88
46.135
AHP135 88
89
57.367
AHP135 89
90
5.447
AHP135 90
91
11.350
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP135
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
91
92
0.807
92
93
0.283
93
94
0.601
94
95
0.611
95
96
0.092
96
97
0.039
97
98
0.063
98
99
0.074
99
100
0.046
100
101
0.833
101
102
0.064
102
103
0.020
103
104
0.027
104
105
0.040
105
106
0.021
106
107
0.017
107
108
0.022
0
1
0.034
1
2
0.018
2
3
0.009
3
4
0.009
4
5
0.006
5
6
0.010
6
7
0.010
7
8
0.009
8
9
0.020
9
10
0.016
10
11
0.006
11
12
0.013
12
13
0.003
AHP136 29
30
3.536
AHP136 30
31
2.816
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
AHP136
31
32
0.136
32
33
0.121
33
34
0.026
34
35
0.003
35
36
0.079
36
37
0.472
37
38
0.039
38
39
0.006
39
40
0.015
40
41
0.110
41
42
0.717

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JORC Code, 2012 Edition

Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary Commentary
Sampling Nature and quality of sampling (eg cut Reverse circulation (RC) drilling
techniques channels, random chips, or specific specialised samples were collected through a
industry standard measurement tools rig-mounted cyclone with cone
appropriate to the minerals under investigation, splitter attachment and split in even
such as down hole gamma sondes, or metre intervals. Wet sample was
handheld XRF instruments, etc). These speared or scoop-sampled. RC drill
examples should not be taken as limiting the chips (from each metre interval)
broad meaning of sampling. were examined visually and logged
Include reference to measures taken to ensure by the geologist.
sample representivity and the appropriate Any visual observation of alteration
calibration of any measurement tools or or of mineralisation was noted on the
systems used. drill logs.
Aspects of the determination of mineralisation Duplicate samples comprise
that are Material to the Public Report. approximately 4% of total samples
In cases where ‘industry standard’ work has
been done this would be relatively simple (eg
taken (ie one duplicate submitted for
every 25 samples).
‘reverse circulation drilling was used to obtain 1
A company contract geologist
m samples from which 3 kg was pulverised to supervised the drilling and sampling
produce a 30 g charge for fire assay’). In other to ensure representativeness.
cases more explanation may be required, such Drilling was done by industry
as where there is coarse gold that has inherent standard techniques.
sampling problems. Unusual commodities or
mineralisation types (eg submarine nodules)
may warrant disclosure of detailed information.
Duplicates, standards, and blanks
were submitted to ensure assaying
reliability and accuracy.
Hole locations were surveyed by
hand held GPS. No downhole
surveys were undertaken.
Drilling Drill type (eg core, reverse circulation, open- Drilling was by Reverse Circulation (RC)
techniques hole hammer, rotary air blast, auger, Bangka, with NQ sized bit and rods.
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).
Drill sample Method of recording and assessing core and RC sample recovery and sample
recovery chip sample recoveries and results assessed. quality was recorded via visual
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
estimation of sample volume and
condition of the drill spoils.
RC sample recovery typically ranges
from 90 to 100%, with only very
Whether a relationship exists between sample occasional samples with less than
recovery and grade and whether sample bias 90% recovery.
may have occurred due to preferential loss/gain
RC sample recovery was maximised
of fine/coarse material. by endeavoring to maintain a dry
drilling conditions as much as
practicable; the RC samples were
predominantly dry.
Relationships between recovery and
grade are not evident and are not

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Criteria JORC Code explanation Commentary Commentary
expected given the generally
excellent and consistently high
sample recovery.
RC results are not utilised for Mineral
Resource estimations.
Logging Whether core and chip samples have been RC chips were geologically logged at
geologically and geotechnically logged to a one metre intervals into a digital
level of detail to support appropriate Mineral database that was kept with sample
Resource estimation, mining studies and numbers.
metallurgical studies. Logging is qualitative.
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc)
photography.
The total length and percentage of the relevant
intersections logged.
Sub-sampling
If core, whether cut or sawn and whether
One metre samples were collected
techniques quarter, half or all core taken. from a cyclone into a plastic bucket
and sample
preparation
If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet or
dry.

and then laid out on the ground in
rows of 10.
No compositing was used.
All samples are pulverised at the
For all sample types, the nature, quality and laboratory to produce material for
appropriateness of the sample preparation assay.
technique. Mineralisation style is late stage
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
quartz veins. The one metre
samples are likely to downgrade
actual grades intersected, but are
commensurate with minimum mining
Measures taken to ensure that the sampling is requirements; sample size is
representative of the in situ material collected, considered appropriate for resource
including for instance results for field estimation work.
duplicate/second-half sampling.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
Quality of The nature, quality and appropriateness of the
Fire assay is a total digest
assay data assaying and laboratory procedures used and technique and is considered
and whether the technique is considered partial or appropriate for gold.
laboratory
tests
total.
For geophysical tools, spectrometers, handheld

Certified references material
standards as 1 every 20
XRF instruments, etc, the parameters used in samples, duplicates 1 every 25
determining the analysis including instrument samples.
make and model, reading times, calibrations
factors applied and their derivation, etc.

Lab using random pulp
duplicates and certified
Nature of quality control procedures adopted reference material standards.
(eg standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (ie lack of bias) and
precision have been established.

Accuracy and precision levels
have been determined to be
satisfactory after analysis of
these QA/QC samples.
Verification of
The verification of significant intersections by
Analysis was by acqua regia using
sampling and either independent or alternative company Intertck’s FA50/OEprocedure:

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Criteria JORC Code explanation Commentary
assaying personnel. samples were pulverised to minus 75
The use of twinned holes. microns before a split of 10g was
taken and analysed using standard
Documentation of primary data, data entry Fire Assay procedures. The method
procedures, data verification, data storage is an accepted industry analytical
(physical and electronic) protocols. process appropriate for the nature
Discuss any adjustment to assay data. and style of mineralisation under
investigation.
There were no twinned holes.
No adjustments were made to assay
data
Location of Accuracy and quality of surveys used to locate All samples sites have been located
data points drill holes (collar and down-hole surveys), using a hand held GPS unit with an
trenches, mine workings and other locations accuracy of +/-5m. The GPS
used in Mineral Resource estimation. recorded locations used
Specification of the grid system used. MGA94/GDA zone 50 as the datum.
Quality and adequacy of topographic control. The drilling co-ordinates are all in
GDA94 MGA Zone 50 co-ordinates.
Azimuth was set by hand held
compass.
Drill hole inclination is set by the
driller using a clinometer on the drill
mast and checked by the geologist
prior to commencement of drilling.
No downhole surveys are undertaken
for RC drill holes.
No RL data were collected; the area
is generally flat at an RL of
approximately 360m.
Data spacing Data spacing for reporting of Exploration RC holes were drilled on an existing
and Results. grid set up for resource drill out. Drill
distribution Whether the data spacing and distribution is spacing was in fill only.
sufficient to establish the degree of geological Together with historic data,the data
and grade continuity appropriate for the Mineral
spacing and distribution will be
Resource and Ore Reserve estimation sufficient to establish the degree of
procedure(s) and classifications applied. geological and grade continuity
Whether sample compositing has been applied.
appropriate for the Mineral Resource
and Ore Reserve estimation
procedure(s) and classifications
applied.
Orientation of Whether the orientation of sampling achieves Drilling followed the geometry of
data in unbiased sampling of possible structures and existing holes.
relation to
geological
structure
the extent to which this is known, considering
the deposit type.
If the relationship between the drilling
Previous resource estimation defined
the strike and dip of ore zones.
Current drilling utilised that
orientation and the orientation of key information.
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
It is not anticipated that, on current
interpretation, any bias has been

Page 20 of 23

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Criteria JORC Code explanation Commentary
introduced to the sampling.
Sample The measures taken to ensure sample security.
All samples were collected in calico
security sample bags with sample number
tickets included in each bag and the
same identification externally on the
bag.
Samples were delivered to the lab by
a company representative.
Audits or The results of any audits or reviews of sampling
Standards, blanks, repeats, and
reviews techniques and data. check assays are undertaken to
ensure data robustness.

Section 2 Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, location and Exploration results relate to work
tenement and ownership including agreements or material carried out over a package of
land tenure issues with third parties such as joint ventures, tenements comprising mining and
status partnerships, overriding royalties, native title prospecting leases. The tenements
interests, historical sites, wilderness or national are 100% owned and controlled by
park and environmental settings. Cervantes Corporation Limited. All
The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.
tenements and leases are currently in
good standing with DMP with no
known impediments to further
exploration or development.
Exploration Acknowledgment and appraisal of exploration Historical drill holes exist at the
done by other by other parties. project area.
parties Giralia Ltd was the main proponent of
previous work that resulted in an
Inferred Resource being defined.
Geology Deposit type, geological setting and style of The mineralisation is seen as
mineralisation. predominantly metavolcanics
metasediments and granitic Archean
rocks of Western Australian Yilgarn
Craton. This is a recognised style of
mineralisation and one that is
common to the district.
Drill hole A summary of all information material to the See tables and Appendices in this
Information understanding of the exploration results release.
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

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Criteria JORC Code explanation Commentary
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.
Data In reporting Exploration Results, weighting Simple averages are used where
aggregation averaging techniques, maximum and/or aggregates are provided.
methods minimum grade truncations (eg cutting of high
grades) and cut-off grades are usually Material
and should be stated.
Reported aggregated intervals have
been weighted by length.
Where aggregate intercepts incorporate short
lengths of high grade results and longer lengths
of low grade results, the procedure used for

No density weighting has been
applied when calculating aggregated
intervals.
such aggregation should be stated and some No top-cuts have been applied
typical examples of such aggregations should (unless specified otherwise).
be shown in detail.
Higher grade intervals of
The assumptions used for any reporting of mineralisation internal to broader
metal equivalent values should be clearly zones of mineralisation are reported
stated. as included intervals.
Metal equivalence is not used in this
report.
Relationship These relationships are particularly important in
The intervals reported are the initial
between the reporting of Exploration Results. drill intervals and intercepts.
mineralisation
widths and
intercept
lengths
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
No adjustment has been completed
on the intervals to accommodate the
declination of drilling.
If it is not known and only the down hole Drilling is generally inclined at 60oto
lengths are reported, there should be a clear the NW (TN). Ore shoots are
statement to this effect (eg ‘down hole length, generally dipping approximately 80o
true width not known’). to the SE.
Diagrams Appropriate maps and sections (with scales) Relevant location maps and figures are
and tabulations of intercepts should be included
included in the body of this
for any significant discovery being reported announcement.
These should include, but not be limited to a
plan view of drill hole collar locations and
appropriate sectional views.
Cross-sections will be constructed once
all data is received.
Balanced Where comprehensive reporting of all This announcement includes the results
reporting Exploration Results is not practicable, of Au assays for the holes drilled as a
representative reporting of both low and high follow-up programme to existing
grades and/or widths should be practiced to (reported) historic drilling. The reporting
avoid misleading reporting of Exploration of the results to hand is preliminary only
Results. and should be viewed as such pending
delivery of final data.
Other Other exploration data, if meaningful and The area is covered by a 50m line
substantive material, should be reported including (but not spaced aeromagnetic survey.
exploration
data
limited to): geological observations;
geophysical survey results; geochemical survey
results; bulk samples – size and method of

Previous workers undertook sufficient
drilling to define an Inferred Resource.

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Criteria JORC Code explanation Commentary
treatment; metallurgical test results; bulk No bulk samples, metallurgical results,
density, groundwater, geotechnical and rock groundwater or geotechnical studies
characteristics; potential deleterious or have been carried out yet.
contaminating substances.
Further work The nature and scale of planned further work Work programmes currently under
(eg tests for lateral extensions or depth review include further drilling,
extensions or large-scale step-out drilling). metallurgical testing, resource
Diagrams clearly highlighting the areas of estimation, and pit optimisation studies.
possible extensions, including the main Any interpreted extension of the existing
geological interpretations and future drilling resource is commercially sensitive.
areas, provided this information is not
commercially sensitive.

Section 3 Estimation and Reporting of Mineral Resources

No Mineral Resources are being reported.

Page 23 of 23