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ROKEBY RESOURCES LIMITED — Capital/Financing Update 2021
Sep 19, 2021
65707_rns_2021-09-19_96e4b880-1e81-4043-b689-a99bfb2eff2f.pdf
Capital/Financing Update
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Targeting a new generation of Tier-1 mineral discoveries in Peru and Australia
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ASX Announcement │ 20 September 2021 │ ASX: ICG
PEAK ASSAYS OF 7.04% COPPER AND 2,250g/t SILVER FROM MACAULEY CREEK PROJECT, QUEENSLAND
Strong copper and silver mineralisation across several prospect areas significantly upgrades the MaCauley Creek Project
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Highlights
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• Very strong copper and bonanza grade silver results returned from recent rock chip sampling at the MaCauley Creek Project in north Queensland
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• Peak copper results include: 2,250g/t silver
o7.04% Cu (sample MC0088)o5.05% Cu (sample MC0056) The highest silver assay result ato4.90% Cu (sample MC0035) MaCauley Creek to date -
• Peak silver results include:
o2,250g/t Ag (sample MC0116)o639g/t Ag (sample MC0117)o264g/t Ag (sample MC0033) -
• Assays confirm the potential for Tier-1 scale porphyry/intrusive-related and skarn discoveries at MaCauley Creek
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Very strong copper and bonanza grade silver results returned from recent rock chip sampling at the MaCauley Creek Project in north Queensland
Inca Minerals Limited (ASX: ICG ) is pleased to advise that it has received outstanding high-grade copper and silver assay results from the 110-sample rock chip program completed recently at the MaCauley Project in North Queensland. As previously reported (ASX announcement, 26 August 2021), the Company has identified significant visible skarn-style and porphyry/intrusive-style copper mineralisation at multiple locations at MaCauley Creek. Assay results now confirm strong copper and silver grades with lower tenor gold and base metal grades with this mineralisation.
Peak values from the 110-sample program include MC0088 with 7.04% Cu and MC0116 with 2,250 g/t Ag – a value which is considered bonanza grade . These and other noteworthy results include:
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MC0088 7.04% Cu 220g/t Ag Copper Cliffs Prospect
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• MC0056 5.05% Cu Mt Brown Prospect • MC0035 4.90% Cu 171g/t Ag Wallaroo Prospect • MC0092 4.63% Cu 11g/t Ag 0.18g/t Au Copper Cliffs Prospect • MC0060 4.23% Cu Mt Brown Prospect • MC0091 4.06% Cu 19g/t Ag Copper Cliffs Prospect • MC0033 3.39% Cu 264g/t Ag Wallaroo Prospect • MC0043 3.37% Cu 152g/t Ag Wallaroo Prospect • MC0116 1.87% Cu 2,250g/t Ag Eckleburg West Prospect • MC0117 0.56% Cu 639g/t Ag Eckleburg West Prospect
There are four initial observations regarding the assay results and mineralisation worthy of highlighting:
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There is a high frequency and tenor of high-grade copper occurrences across multiple prospects.
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There is bonanza-grade silver mineralisation at the Eckleburg West Prospect.
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There is a copper-silver association across several prospects, at the Wallaroo Prospect in particular.
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There is a copper-silver-gold association at the Copper Cliffs Prospect.
The widespread occurrences of copper, copper-silver and copper-silver-gold mineralisation at MaCauley Creek affirms the metal endowment of this project and enhances its Tier-1 credentials accordingly.
ASX: ICG │ Shares on issue 449.58m Suite 1/16 Nicholson Road, Subiaco, WA 6008 │PO BOX 38, West Perth, WA 6872 Telephone: +61 (08) 6145 0300 │ Website: www.incaminerals.com.au │ ABN: 36 128 512 907
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Description of Mapping and Rock Chip Sampling Program
A total of 110 rock chip samples were collected from 12 prospect areas (Table 1) during and reconnaissance mapping and sampling program. The samples were collected from a variety of exposures, including from in-situ natural outcrop and/or mine work exposures or from float (loose material) from the ground and/or mine-working tailings/dumps. The sample assay tables are presented in Appendix 1. The sample location and description tables are presented in Appendix 2.
| Prospect | # Samples | Sample Numbers | # samples >1% Cu |
**Peak Cu ** |
Peak Ag | Peak Au | Peak Zn |
|---|---|---|---|---|---|---|---|
| Mt Brown | 18 | MC0048 - MC0065 | 4 | 5.05% | 16.9g/t | ||
| Wallaroo | 21 | MC0027 - MC0047 | 6 | 3.39% | 264g/t | 1.59% | |
| Wallaroo SW | 6 | MC0076 - MC0081 | 1 | 2.33% | 9.9g/t | ||
| Copper Cliffs (formerally Carraway North) | 14 | MC0082 - MC0095 | 7 | 7.04% | 220g/t | 0.176ppm | |
| Carraway Hill | 4 | MC0122 - MC0125 | 0 | ||||
| Gatsby | 10 | MC0096 - MC0105 | 0 | ||||
| Eckleburg West | 16 | MC0106 - MC0121 | 1 | 1.87% | 2250g/t | ||
| Eckleburg East | 5 | MC0127 - MC0131 | 0 | ||||
| Windcan | 1 | MC0132 | 0 | ||||
| Myrtle Creek | 1 | MC0126 | 0 | ||||
| Green Beacon | 9 | MC0133 - MC0141 | 0 | ||||
| Mt Podge | 5 | MC0066 - MC0070 | 0 | ||||
| Total | 110 | MC0027 - MC0141 | 19 |
Table 1 : Sample location summary by prospect. First appearing in ASX announcement 26 August 2021.
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Figure 1 : Prospect location plan. The Mt Brown, Carraway North, Wallaroo and Wallaroo SW prospects are informally referred to as the northern prospects. Carraway Hill, Gatsby, Eckleburg West, Eckleburg East, Silver Prospecting Area (SVP)/Copper Knob/Mt Long, and Windcan comprise the large Brolga Prospect located in the central parts of the project. Mt Podge is located in the south-east corner of the project area. The Mt Moss Fe-skarn mine, which is not an asset of the Company , is located immediately north of MaCauley Creek (shown by the green polygons that represent Mt Moss mining leases). The image background is false-colour total magnetics. The planned air magnetics and radiometrics (AMAGRAD) survey is also shown (white polygons). First appearing in ASX announcement 26 August 2021.
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Copper Cliffs Prospect (formerly Carraway North Prospect)
The Copper Cliffs Prospect ( Copper Cliffs ) is located in the northern part of MaCauley Creek, approximately 4km east of Mt Brown and 2.5km north-west of Wallaroo SW (Figure 1). It was mapped and sampled because the area was recognised as a broad, though vaguely defined, porphyry/intrusion-related target following an independent review of past exploration (ASX announcement 28 September 2021). A total of 14 samples were taken from this prospect.
Mapping resulted in the discovery of an extensive outcrop of weathered quartz-sulphide lode ( lode ) material with strong secondary copper mineralisation (malachite and azurite) (Figure 2).
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Copper, silver, and
gold in this sample
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Figure 2 : Sample photos. MC0082 (top left) Chlorite-epidote zone with intense quartz veining. MC0088 (top right) Malachite-azurite bearing granite with quartz veining. This sample contains 7.04% Cu and 220g/t Ag . MC0091 (bottom left) Malachite-quartz lode that is 12m wide. This sample contains 4.06% Cu and 19g/t Ag . MC0092 (bottom right) Malachite-quartz lode that is 10m wide. This sample contains 4.63% Cu, 11g/t Ag and 0.18g/t Au .
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Assays now confirm that the lode hosts strong copper and silver grades with peak results of 7.04% Cu (MC0088) and 220g/t Ag (MC0092). Gold is also recognised here with a program peak value of 0.18g/t (MC0092) (Figure 2).
The copper, silver ± gold mineralisation at Copper Cliff is hosted in quartz lode on the margin of a highly altered and veined granite. The known mineralisation extends over a strike length of 425m constrained only by sampling. It remains open-ended to the west and east (Figure 3).
The juxtaposition of a strongly mineralised unit on the margin to an altered granite at Copper Cliffs is reminiscent of several prospects further south at MaCauley Creek, such as at the Silver Prospecting Area. Referred to as a lode at Copper Cliff, and a formation at the Silver Prospecting Area, these mineralised units are caused by the intrusion of a granite and the hydrothermal activity that goes with it. They are interpreted as quartz-enriched zones resulting from the intrusion of microgranites with associated enrichment of base and precious metals. Like the Silver Prospecting Area to the south, Copper Cliffs hosts bonanza grade silver and strong grades of copper.
Importantly, a very subtle magnetic high anomaly occurs at the Copper Cliff Prospect. The strongly mineralised lode runs subparallel to the southern margin of the magnetic VRMI TMI anomaly (Figure 3). The anomaly is approximately 1,000m x 600m in size. The magnetic signature may reflect broader intrusive lithologies and/or mineralising processes that are not apparent at surface.
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7.04% Cu, 220g/t Ag
4.63% Cu, 11g/t Ag,
0.18g/t Au
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Figure 3 : Copper Cliffs sample location plan with satellite imagery as the background. The copper values are represented as colour coded triangles. The assay results from sampling the subject of this announcement are represented by upright triangles. The magnetic VRMI TMI anomaly is added (dashed yellow line).
Mt Brown Prospect
The Mt Brown Prospect ( Mt Brown ) is located in the northern part of MaCauley Creek, approximately 5km south-west and along strike from the Mt Moss Fe-skarn mine (Figure 1). It was mapped and sampled because the area was recognised as a skarn-porphyry target following an independent review of past exploration (ASX announcement 28 September 2020). A total of 18 samples were taken from this prospect.
It hosts a subtle magnetic high anomaly (1.0km x 0.5km) and hosts known copper, gold, silver, molybdenum, lead, and zinc mineralisation, with historic peak values 8.22% Cu , 96ppb Au , 127g/t Ag , 245ppm Mo , 3.60% Pb , and 2.04% Zn .
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Recent mapping at Mount Brown resulted in the identification of gossanous quartz porphyry intrusions, chalcopyrite-magnetite skarn mineralisation, and multiple historic small copper and tin mine workings. Subsequent assay results from Mt Brown now confirm the high prospectivity of this area. Peak results of 5.05% Cu (MC0056) and 4.23% Cu (MC0060) (Figure 4).
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Figure 4 : Sample photos. MC0056 (left) Quartz-sulphide lode material collected from a mine working. This sample contains 5.05% Cu . MC0060 (middle) Chalcopyrite-bearing skarn mineralisation material collected from a mine working. This sample contains 4.23% Cu . MC0064 (right) Semi-gossanous porphyry with epidote. This sample contains 0.8% Pb and 0.2% Zn .
Mt Brown is a large prospect with strong mineralisation over broad areas (Figure 5). Past non-Inca and recent Inca assay results show strong and elevated copper contiguous over a 750m x 750m area. Copper mineralisation is hosted in lode units, which present skarn-like characteristics. The porphyry unit mapped and sampled at Mt Brown hosts lead and zinc mineralisation. The association between the skarn and porphyry at Mt Brown will require further mapping and sampling to better understand. As with Copper Cliffs, a subtle magnetic high anomaly coincides with the mineralisation. And like Copper Cliffs, this could reflect broader mineralising processes.
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4.23% Cu
5.05% Cu
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Figure 5 : Mt Brown sample location plan with satellite imagery as background. The copper values are represented as colour coded triangles. The assay results from sampling the subject of this announcement are represented by upright triangles. The magnetic VRMI TMI anomaly is added (dashed yellow line).
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Wallaroo Prospect
The Wallaroo Prospect ( Wallaroo ) is located in the northern part of MaCauley Creek, approximately 5km south-east of the Mt Moss mine (Figure 1). Like Mt Brown, it was mapped and sampled because the area was recognised as a skarn-porphyry target. A total of 21 samples were taken from this prospect.
It hosts a coherent magnetic high anomaly (1.25km x 0.5km) and known copper, silver, lead, and zinc mineralisation, with historic peak values 5.45% Cu , 132g/t Ag , 0.61% Pb , and 3.72% Zn .Mapping has resulted in the discovery of multiple copper-leadzinc skarn-like units over a zone 850m in strike length and 250m width, with individual skarn units varying in thickness from 0.5m to 7m (Figure 6). Assays now confirm that these units host strong copper and silver grades with peak results of 4.90% Cu (MC0035) and 264g/t Ag (MC0033) (Figure 6).
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Figure 6 : Sample photos. MC0033 (left) Material with malachite and azurite mineralisation. This sample contains 3.39% Cu and 264g/t Ag . MC0035 (right) Malachite-bearing skarn mineralisation with epidote and Mn-oxides. This sample contains 4.90% Cu and 171g/t Ag .
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3.39 % Cu,
264g/t Ag
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Figure 7 : Wallaroo sample location plan with satellite imagery as plan background. The copper values are represented as colour coded triangles. The assay results from sampling the subject of this announcement are represented by upright triangles. Abundant massive magnetite float (red dash) was observed along a drainage line. Note green trend lines indicate skarn orientation and not outcrop lengths.
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The Wallaroo Prospect has grown significantly in size due to the mapping and sampling results generated by Inca. From an isolated occurrence of copper, Wallaroo now hosts copper mineralisation over an area of 1,000m x 400m. The mineralised area comprises a swarm of garnet-quartz±epidote copper-silver skarn horizons that trend northeast-southwest (Figure 7).
Importantly, a large 1.25km x 0.5km discrete magnetic high anomaly closely coincides with Wallaroo. The long axis of the magnetic anomaly is parallel to the mineralised skarn horizons and may relate to the presence of magnetite that appears to associate base metal enrichment.
The occurrence of strong copper and silver mineralisation and large coincident magnetic anomaly marks Wallaroo as an exceptional target that is considered highly prospective for potentially economic porphyry-skarn mineralisation.
Eckleburg West Prospect – Part of the Brolga Prospect
The Eckleburg West Prospect ( Eckleburg West ) is at the northern part of the mega-sized Brolga Prospect (of central MaCauley Creek) (ASX announcement 15 March 2021). It is a located 1.5km west of Eckleburg East (Figure 1). Eckleburg West was mapped and sampled because it hosts encouraging zones of propylitic style alteration and copper-lead-silver mineralisation, discovered at the prospect by Inca during 2019 (ASX announcement dated 2 October 2019). A total of 16 samples were taken from this prospect.
Assays now confirm the occurrence of strong copper mineralisation and bonanza grade silver. Peak copper results include 1.87% Cu (MC0116). Peak silver results include 2,250g/t Ag (MC0116) and 639g/t Ag (MC0117) (Figure 8).
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Bonanza grade silver at 2,250g/t
– the highest silver result at
MaCauley Creek to date
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Figure 8 : Sample photos. MC0116 (left) Malachite-azurite bearing intrusive rock. This sample contains 1.87% Cu and 2,250g/t Ag as well as 0.17% Pb . MC0117 (right) Malachite-azurite bearing intrusive rock. This sample contains 0.56% Cu and 639g/t Ag as well as 0.17% Pb .
The assay results from the sampling at Eckleburg West have returned exceptional grades of silver. Two samples (MC0116 and MC0117) have bonanza grade silver levels, albeit without high levels of lead, as might reasonably be expected[1] . The mineralisation is hosted in a quartz-rich lode or intrusive.
The coincidence of an Ag-rich propylitic and phyllic style alteration zone and a magnetic anomaly at Eckleburg West is highly encouraging (Figure 9).
1 In a previous sampling program conducted by Inca at the Western Mine Prospect, samples with bonanza silver grades (peak value of 1,165g/t in MC0025) also had lead values generally at percentage levels (peak value 13.0% MC0024). ASX announcement 19 October 2019.
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2,250g/t Ag
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Figure 9 : Eckleburg West sample location plan with satellite imagery as background. Field work confirmed strong correlation between magnetics and phyllic style alteration at Eckleburg West. The copper values are represented as colour coded triangles. The assay results from sampling the subject of this announcement are represented by upright triangles.
Importance of Results and MaCauley Creek Exploration Model
The assay results of the recent field trip, the subject of this announcement, have confirmed the occurrence of high copper and silver grades where visible mineralisation was sampled. Mineralisation is hosted in three main recurring units: A recurring lode that tends to occur along granite margins and along structures. The Company proposes that the mineralised “formation” unit (in historic drilling) is also lode. It is further proposed that the lodes are quartz-enriched zones of mineralisation associated with microgranite intrusion. The second host is altered intrusive (micro-granites and/or porphyries), and the third type being skarn and skarn-like units.
The assay results of 110 samples collected from 12 prospect sites reveal a breadth of mineralisation not previously known. Based on all data, significant copper, copper-silver, copper-silver-gold mineralisation is now known across an area of approximately 12km x 10km at MaCauley Creek.
Including exploration results of previous explorers, the evidence for a large-scale porphyry/intrusive-related and skarn system is now compelling: Strongly mineralised skarn mineralisation, mineralised telescoped granites, porphyry dykes, porphyry/intrusive-related hydrothermal alteration, ex-metal sulphide gossans, multiple geophysical anomalies that are closely coincident with mineralisation. MaCauley Creek hosts multiple old mine-workings and it located immediately south of a known skarn deposit.
MaCauley Creek is rerated on the basis of widespread copper and silver skarn-like and porphyry-like mineralisation. With quantitative data, it is now considered an exceptional exploration project certainly warranting considerable fast-tracked exploration.
An exploration model can now be proposed with an increased degree of confidence (Figure 10). The model is reproduced in this announcement after first appearing in the 26 August 2021 announcement with elemental (copper, silver, gold, zinc) distributions added.
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Cu - Ag ± Pb ± Zn
Cu - Ag ± Au ± Pb
Cu - Ag ± Zn
Cu ± Ag ± Pb ± Zn
Figure 10 : Proposed Exploration Model for MaCauley Creek.
Observations and assay results from recent field work have
increased understanding of regional-local geology, and
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Observations and assay results from recent field work have increased understanding of regional-local geology, and relationships between mineralisation and alteration styles that will assist - and be tested by - future exploration at the Project (not to scale). The model shows the position of the prospects in relation to the known surface and hypothetical sub-surface geological architecture with prominent geochemistry. INSERTS include a photo of the Mt Moss Mine (not an asset of the Company) as an example of skarn mineralisation in the Perry Creek Formation. The second insert is of a drill section (drilling that was not undertaken by the Company) at the Silver Prospecting Area that shows known mineralised telescoped granites (granites within granites).
This drilling is historic and was not undertaken by the Company
Next Steps
The Company is planning to extend the mapping and sampling coverage and is considering a grid soil geochemical program to identify still further zones of mineralisation. Desk-top studies include the integration of all geochemical data and review of known forms of mineralisation which, as mentioned above, is extensive.
A detailed AMAGRAD survey covering the northern third and the southeast corner of MaCauley Creek is planned for the coming weeks (Figure 1). This survey, of approximately 3,000-line kilometres, will assist in refining the northern prospects and Mt Podge. The Company advises that COVID-19 related travel restrictions are impacting the exact timing of this survey.
There is a very high level of confidence that follow-up ground geophysics – principally IP surveying – will be necessary for detailed drill targeting studies, with other possible exploration techniques being assessed including soil sampling, ground magnetic surveying, and prospect scale mapping.
It is Inca’s intention to advance the MaCauley Creek Project prudently and systematically, and the Company looks forward to further exploration leading to high-impact drilling campaigns.
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Investor inquiries - Ross Brown, Managing Director - Inca Minerals - 0407 242 810 Media Inquiries/Investor Relations - Nicholas Read, Read Corporate - 0419 929 046
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Ross Brown Managing Director Inca Minerals Limited
Competent Person’s Statements
The information in this report that relates to exploration results and mineralisation for the MaCauley Creek Project area, located in Australia, is based on information reviewed and compiled by Mr Robert Heaslop BSc (Hons), MAusIMM, SEG, Regional Exploration Manager, Inca Minerals Limited, who is a Member of the Australasian Institute of Mining and Metallurgy; and by Mr Ross Brown BSc (Hons), MAusIMM, SEG, MAICD Managing Director, Inca Minerals Limited, who is a Member of the Australasian Institute of Mining and Metallurgy. Both have sufficient experience, which is relevant to exploration results, the style of mineralisation and types of deposits under consideration, and to the activity which has been undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Brown is a fulltime employee of Inca Minerals Limited, and Mr Heaslop is a consultant to Inca Minerals and consents to the report being issued in the form and context in which it appears.
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Copper Cliff Prospect
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Appendix 1: Sample Assay Results (Cu, Ag, Au, Zn, Pb, Mo)
| Sample | Prospect | Easting | Northing | RL | Type | Cu (ppm) |
Ag (ppm) |
Au (ppm) |
Au (ppm) |
Zn (ppm) |
Zn (ppm) |
Zn (ppm) |
Zn (ppm) |
Pb (ppm) |
Pb (ppm) |
Pb (ppm) |
Pb (ppm) |
Mo (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MC0027 | Wallaroo | 382463 | 7886087 | 387 | Insitu | 1,060 | 1.19 | 0.012 | 2,680 | 48.5 | 0.21 | |||||||
| MC0028 | Wallaroo | 382459 | 7886085 | 387 | Insitu | 4,270 | 7.67 | 0.012 | 15,950 | 44.4 | 0.25 | |||||||
| MC0029 | Wallaroo | 382453 | 7886078 | 387 | Insitu | 4,730 | 10.8 | 0.046 | 14,20 | 0 | 53.3 | 0.45 | ||||||
| MC0030 | Wallaroo | 382443 | 7886072 | 386 | Insitu | 4,700 | 15.4 | 0.038 | 8,320 | 38.2 | 0.25 | |||||||
| MC0031 | Wallaroo | 382562 | 7886043 | 391 | Insitu | 283 | 0.53 | 0.064 | 203 | 18.9 | 0.32 | |||||||
| MC0032 | Wallaroo | 384333 | 7885562 | 361 | Insitu | 8,440 | 23.9 | 0.01 | 393 | 191.5 | 0.59 | |||||||
| MC0033 | Wallaroo | 384283 | 7885594 | 363 | Insitu | 33,900 | 264 | 0.024 | 371 | 105 | 1.54 | |||||||
| MC0034 | Wallaroo | 384244 | 7885559 | 365 | Insitu | 9,490 | 11.55 | 0.017 | 128 | 240 | 0.61 | |||||||
| MC0035 | Wallaroo | 384222 | 7885538 | 366 | Insitu | 49,000 | 171 | 0.023 | 88 | 174.5 | 0.87 | |||||||
| MC0036 | Wallaroo | 384332 | 7885288 | 374 | Float | 553 | 0.71 | -0.005 | 575 | 112.5 | 0.89 | |||||||
| MC0037 | Wallaroo | 384262 | 7885298 | 380 | Insitu | 425 | 1.2 | 0.006 | 273 | 22.4 | 0.26 | |||||||
| MC0038 | Wallaroo | 384087 | 7885331 | 395 | Insitu | 444 | 1.97 | 0.005 | 283 | 93.2 | 0.32 | |||||||
| MC0039 | Wallaroo | 384012 | 7885352 | 392 | Insitu | 13,950 | 17.65 | 0.008 | 739 | 3,950 | 0.87 | |||||||
| MC0040 | Wallaroo | 384004 | 7885356 | 393 | Insitu | 128 | 0.27 | 0.007 | 191 | 42.8 | 0.26 | |||||||
| MC0041 | Wallaroo | 384001 | 7885130 | 398 | Insitu | 9,830 | 26.5 | 0.016 | 191 | 214 | 0.39 | |||||||
| MC0042 | Wallaroo | 383773 | 7884998 | 431 | Insitu | 17,300 | 101 | 0.017 | 1,280 | 210 | 0.46 | |||||||
| MC0043 | Wallaroo | 383742 | 7884961 | 435 | Insitu | 33,700 | 152 | 0.033 | 943 | 253 | 0.43 | |||||||
| MC0044 | Wallaroo | 383787 | 7884989 | 434 | Insitu | 4,820 | 33.6 | 0.009 | 698 | 144 | 0.47 | |||||||
| MC0045 | Wallaroo | 384072 | 7885128 | 408 | Insitu | 274 | 1.54 | -0.005 | 943 | 280 | 0.58 | |||||||
| MC0046 | Wallaroo | 384071 | 7885130 | 407 | Insitu | 10,800 | 21.6 | 0.009 | 1,440 | 391 | 1.3 | |||||||
| MC0047 | Wallaroo | 384025 | 7885165 | 401 | Insitu | 2,160 | 9.28 | 0.027 | 119 | 97.6 | 0.25 | |||||||
| MC0048 | Mt Brown | 374461 | 7885010 | 433 | Insitu | 1,135 | 10.65 | 0.006 | 1,950 | 63 | 12.1 | |||||||
| MC0049 | Mt Brown | 374456 | 7885052 | 437 | Insitu | 2,940 | 1.3 | 0.013 | 774 | 68 | 4.8 | |||||||
| MC0050 | Mt Brown | 373855 | 7884943 | 371 | Insitu | 7,380 | 16.9 | 0.011 | 5,580 | 2, | 660 | 50.9 | ||||||
| MC0051 | Mt Brown | 373842 | 7884949 | 372 | Insitu | 236 | 1 | -0.005 | 2,530 | 424 | 1.93 | |||||||
| MC0052 | Mt Brown | 373850 | 7885001 | 372 | Insitu | 420 | 0.38 | 0.005 | 530 | 225 | 5.67 | |||||||
| MC0053 | Mt Brown | 373972 | 7884755 | 368 | Float | 21.3 | 2.7 | 0.009 | 1,020 | 819 | 2.83 | |||||||
| MC0054 | Mt Brown | 373913 | 7884700 | 364 | Float | 172 | 1.75 | -0.005 | 424 | 180.5 | 95.3 | |||||||
| MC0055 | Mt Brown | 373907 | 7884628 | 356 | Float | 16.1 | 0.21 | -0.005 | 810 | 92 | 24.2 | |||||||
| MC0056 | Mt Brown | 373995 | 7884662 | 360 | Insitu | 50,500 | 5.29 | 0.034 | 2,610 | 466 | 3.07 | |||||||
| MC0057 | Mt Brown | 374701 | 7884552 | 358 | Insitu | 21,100 | 7.93 | 0.027 | 47 | 66.3 | 7.78 | |||||||
| MC0058 | Mt Brown | 374697 | 7884542 | 353 | Insitu | 9,220 | 2.52 | 0.005 | 65 | 9.5 | 1.38 | |||||||
| MC0059 | Mt Brown | 374696 | 7884543 | 354 | Insitu | 11,850 | 2.77 | 0.006 | 46 | 6.6 | 0.63 | |||||||
| MC0060 | Mt Brown | 374696 | 7884538 | 353 | Insitu | 42,300 | 6.22 | 0.019 | 24 | 8.9 | 2.03 | |||||||
| MC0061 | Mt Brown | 374744 | 7884677 | 361 | Float | 6,500 | 2.22 | 0.025 | 6,540 | 53.6 | 14.55 | |||||||
| MC0062 | Mt Brown | 374713 | 7884699 | 363 | Insitu | 2,750 | 1.33 | 0.021 | 8,740 | 103.5 | 5.4 | |||||||
| MC0063 | Mt Brown | 374704 | 7884786 | 368 | Insitu | 102 | 0.6 | 0.013 | 1,090 | 314 | 14.05 | |||||||
| MC0064 | Mt Brown | 374739 | 7884810 | 385 | Insitu | 101.5 | 2.63 | 0.01 | 8,000 | 2,040 | 1.1 | |||||||
| MC0065 | Mt Brown | 374763 | 7884844 | 398 | Insitu | 600 | 0.7 | 0.005 | 580 | 60.8 | 25.3 | |||||||
| MC0066 | Mt Podge | 388861 | 7866502 | 399 | Float | 87.9 | 0.06 | 0.013 | 33 | 17.7 | 1.18 | |||||||
| MC0067 | Mt Podge | 388860 | 7866491 | 402 | Float | 25.1 | 0.04 | 0.007 | 88 | 19.8 | 0.7 | |||||||
| MC0068 | Mt Podge | 388905 | 7866488 | 399 | Insitu | 39 | 0.02 | 0.008 | 83 | 8.6 | 0.42 | |||||||
| MC0069 | Mt Podge | 388900 | 7866466 | 402 | Float | 16.6 | 0.03 | 0.009 | 66 | 15.9 | 0.56 | |||||||
| MC0070 | Mt Podge | 388857 | 7866346 | 408 | Float | 36 | 0.02 | 0.007 | 14 | 3 | 0.6 | |||||||
| MC0076 | Wallaroo SW | 380311 | 7882974 | 374 | Insitu | 231 | 9.94 | 0.011 | 361 | 2, | 810 | 733 | ||||||
| MC0077 | Wallaroo SW | 380641 | 7882837 | 419 | Insitu | 15.1 | 0.06 | 0.005 | 42 | 29.7 | 3.82 | |||||||
| MC0078 | Wallaroo SW | 380655 | 7882828 | 415 | Insitu | 78.3 | 0.13 | 0.007 | 78 | 45.5 | 1.87 | |||||||
| MC0079 | Wallaroo SW | 380815 | 7882659 | 359 | Float | 19.7 | 0.07 | 0.005 | 150 | 16.7 | 1.41 | |||||||
| MC0080 | Wallaroo SW | 380452 | 7882705 | 395 | Insitu | 23,300 | 0.54 | -0.005 | 1,440 | 68.3 | 1.03 | |||||||
| MC0081 | Wallaroo SW | 380448 | 7882705 | 395 | Insitu | 215 | 0.39 | -0.005 | 102 | 19.8 | 0.49 |
Page | 11
==> picture [172 x 48] intentionally omitted <==
Appendix 1: Sample Assay Results (Cu, Ag, Au, Zn, Pb, Mo) cont…
| Sample | Prospect | Easting | Northing | RL | Type | Cu (ppm) |
Ag (ppm) |
Au (ppm) |
Au (ppm) |
Zn (ppm) |
Pb (ppm) |
Pb (ppm) |
Pb (ppm) |
Pb (ppm) |
Mo (ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MC0082 | Copper Cliffs | 378545 | 7883201 | 406 | Insitu | 63.1 | 0.1 | 0.006 | 36 | 7.1 | 0.86 | ||||
| MC0083 | Copper Cliffs | 378549 | 7883611 | 356 | Insitu | 271 | 0.08 | 0.005 | 43 | 7 | 1.83 | ||||
| MC0084 | Copper Cliffs | 378581 | 7883638 | 356 | Insitu | 827 | 4.6 | 0.01 | 106 | 138.5 | 1.72 | ||||
| MC0085 | Copper Cliffs | 378603 | 7883659 | 362 | Insitu | 528 | 2.14 | 0.027 | 22 | 10 | 1.52 | ||||
| MC0086 | Copper Cliffs | 379370 | 7884008 | 339 | Insitu | 653 | 0.72 | 0.01 | 127 | 13.5 | 0.71 | ||||
| MC0087 | Copper Cliffs | 379144 | 7883990 | 338 | Insitu | 401 | 0.69 | 0.015 | 83 | 19.8 | 1.46 | ||||
| MC0088 | Copper Cliffs | 378558 | 7883688 | 362 | Insitu | 70,400 | 220 | 0.096 | 220 | 240 | 1.67 | ||||
| MC0089 | Copper Cliffs | 378717 | 7883631 | 354 | Insitu | 16,200 | 5.53 | 0.089 | 48 | 131.5 | 0.92 | ||||
| MC0090 | Copper Cliffs | 378764 | 7883678 | 349 | Insitu | 16,200 | 17.75 | 0.03 | 195 | 60.5 | 0.82 | ||||
| MC0091 | Copper Cliffs | 378847 | 7883643 | 354 | Insitu | 40,600 | 19.2 | 0.043 | 251 | 276 | 6.41 | ||||
| MC0092 | Copper Cliffs | 378924 | 7883607 | 355 | Insitu | 46,300 | 11 | 0.176 | 55 | 38.1 | 0.63 | ||||
| MC0093 | Copper Cliffs | 378961 | 7883595 | 351 | Insitu | 26,200 | 24.5 | 0.104 | 78 | 18.8 | 0.42 | ||||
| MC0094 | Copper Cliffs | 378996 | 7883558 | 355 | Insitu | 21,000 | 27.1 | 0.073 | 96 | 57.4 | 0.49 | ||||
| MC0095 | Copper Cliffs | 379187 | 7883903 | 338 | Insitu | 6,900 | 9.35 | 0.084 | 82 | 13.9 | 21.8 | ||||
| MC0096 | Gatsby | 375911 | 7878606 | 448 | Insitu | 126.5 | 0.09 | 0.006 | 18 | 13.2 | 0.67 | ||||
| MC0097 | Gatsby | 375909 | 7878604 | 449 | Insitu | 73 | 0.07 | 0.011 | 79 | 62.3 | 1.22 | ||||
| MC0098 | Gatsby | 375901 | 7878639 | 449 | Insitu | 260 | 0.25 | 0.005 | 107 | 56.1 | 0.44 | ||||
| MC0099 | Gatsby | 375776 | 7878813 | 481 | Insitu | 29.8 | 0.05 | -0.005 | 16 | 24.8 | 0.39 | ||||
| MC0100 | Gatsby | 375669 | 7878903 | 489 | Insitu | 79.9 | 0.08 | 0.006 | 24 | 14.4 | 0.48 | ||||
| MC0101 | Gatsby | 375506 | 7878960 | 484 | Insitu | 16 | 0.02 | -0.005 | 28 | 12 | 0.36 | ||||
| MC0102 | Gatsby | 375399 | 7879003 | 481 | Insitu | 56 | 0.05 | -0.005 | 82 | 8.7 | 0.74 | ||||
| MC0103 | Gatsby | 375457 | 7878802 | 465 | Insitu | 14.2 | 0.04 | 0.006 | 20 | 15.2 | 0.22 | ||||
| MC0104 | Gatsby | 375477 | 7878764 | 461 | Insitu | 31.3 | 0.07 | 0.011 | 84 | 50.8 | 4.27 | ||||
| MC0105 | Gatsby | 375416 | 7878678 | 439 | Insitu | 8.6 | 0.02 | -0.005 | 11 | 17 | 0.35 | ||||
| MC0106 | EckleburgWest | 377864 | 7878911 | 389 | Insitu | 3,130 | 77.5 | 0.05 | 1,040 | 92.7 | 0.51 | ||||
| MC0107 | EckleburgWest | 377888 | 7878881 | 379 | Insitu | 103 | 1.64 | 0.007 | 188 | 83.7 | 11.95 | ||||
| MC0108 | EckleburgWest | 377969 | 7878864 | 382 | Insitu | 43.8 | 0.5 | 0.008 | 83 | 17.2 | 3.23 | ||||
| MC0109 | EckleburgWest | 377975 | 7878864 | 385 | Insitu | 30.8 | 0.15 | 0.011 | 67 | 18.2 | 0.8 | ||||
| MC0110 | EckleburgWest | 378023 | 7878889 | 385 | Insitu | 36.2 | 0.2 | 0.008 | 73 | 21.1 | 9.82 | ||||
| MC0111 | EckleburgWest | 378058 | 7878890 | 388 | Insitu | 37.9 | 0.07 | 0.006 | 64 | 10.3 | 1.12 | ||||
| MC0112 | EckleburgWest | 378092 | 7878901 | 395 | Insitu | 33.4 | 0.07 | 0.006 | 68 | 20.7 | 0.75 | ||||
| MC0113 | EckleburgWest | 378673 | 7879001 | 513 | Insitu | 379 | 26.3 | 0.043 | 1,180 | 724 | 0.57 | ||||
| MC0114 | EckleburgWest | 378635 | 7879007 | 510 | Insitu | 153.5 | 7.85 | 0.007 | 614 | 1,090 | 0.32 | ||||
| MC0115 | EckleburgWest | 378538 | 7878936 | 492 | Insitu | 1,145 | 345 | 0.011 | 82 | 227 | 0.52 | ||||
| MC0116 | EckleburgWest | 378473 | 7878933 | 484 | Insitu | 18,700 | 2,250 | 0.024 | 465 | 1,680 | 8.94 | ||||
| MC0117 | EckleburgWest | 378443 | 7878924 | 482 | Insitu | 5,620 | 639 | 0.024 | 254 | 1,660 | 19.8 | ||||
| MC0118 | EckleburgWest | 378074 | 7878997 | 409 | Insitu | 70.8 | 8.31 | 0.011 | 11 | 25.2 | 2.02 | ||||
| MC0119 | EckleburgWest | 378022 | 7879030 | 395 | Insitu | 60.1 | 3.31 | -0.005 | 80 | 29.2 | 0.59 | ||||
| MC0120 | EckleburgWest | 377985 | 7879004 | 387 | Insitu | 26.4 | 1.18 | 0.005 | 77 | 26 | 0.42 | ||||
| MC0121 | EckleburgWest | 377927 | 7879016 | 382 | Insitu | 32.2 | 0.6 | 0.006 | 75 | 22.7 | 0.41 | ||||
| MC0122 | CarrawayHill | 378579 | 7880419 | 487 | Insitu | 26.1 | 0.37 | -0.005 | 27 | 23.4 | 2.9 | ||||
| MC0123 | CarrawayHill | 378560 | 7880384 | 490 | Insitu | 17.5 | 0.32 | 0.005 | 26 | 10.3 | 1.98 | ||||
| MC0124 | CarrawayHill | 378534 | 7880294 | 495 | Insitu | 33.6 | 0.36 | 0.005 | 57 | 12.7 | 1.1 | ||||
| MC0125 | CarrawayHill | 378660 | 7880219 | 499 | Insitu | 6.9 | 0.14 | 0.005 | 33 | 12.7 | 0.71 | ||||
| MC0126 | Mytle Creek | 379374 | 7876619 | 408 | Insitu | 11 | 0.28 | 0.01 | 2,260 | 27.9 | 7.72 | ||||
| MC0127 | EckleburgEast | 380157 | 7879651 | 598 | Insitu | 21.9 | 0.34 | -0.005 | 50 | 115.5 | 0.45 | ||||
| MC0128 | EckleburgEast | 380442 | 7879536 | 600 | Insitu | 29.4 | 0.32 | 0.011 | 281 | 43.5 | 1.13 | ||||
| MC0129 | EckleburgEast | 380486 | 7879582 | 577 | Insitu | 2 | 0.1 | -0.005 | 26 | 9.2 | 0.3 | ||||
| MC0130 | EckleburgEast | 380515 | 7879739 | 572 | Insitu | 113 | 0.05 | 0.03 | 601 | 217 | 0.51 | ||||
| MC0131 | EckleburgEast | 380542 | 7878881 | 584 | Insitu | 3.6 | 0.05 | 0.007 | 148 | 59.5 | 1.59 | ||||
| MC0132 | Windcan | 381122 | 7877845 | 541 | Insitu | 2.6 | 0.11 | -0.005 | 47 | 5.8 | 0.43 | ||||
| MC0133 | Green Beacon | 383203 | 7877549 | 506 | Insitu | 31.8 | 0.69 | 0.005 | 57 | 131.5 | 182.5 | ||||
| MC0134 | Green Beacon | 383315 | 7877682 | 506 | Float | 5.2 | 0.06 | 0.005 | 55 | 16.8 | 1.31 | ||||
| MC0135 | Green Beacon | 383680 | 7877231 | 521 | Float | 205 | 1.85 | 0.007 | 409 | 55.4 | 1.26 | ||||
| MC0136 | Green Beacon | 383693 | 7877211 | 522 | Insitu | 220 | 1.07 | 0.006 | 554 | 24.5 | 1.38 | ||||
| MC0137 | Green Beacon | 383737 | 7877156 | 521 | Insitu | 12.1 | 0.15 | -0.005 | 272 | 36.1 | 0.33 | ||||
| MC0138 | Green Beacon | 383864 | 7877199 | 527 | Insitu | 21.6 | 0.29 | -0.005 | 70 | 42.8 | 0.86 | ||||
| MC0139 | Green Beacon | 383877 | 7877263 | 527 | Insitu | 216 | 1.55 | -0.005 | 537 | 46.8 | 1.6 | ||||
| MC0140 | Green Beacon | 383884 | 7877289 | 530 | Insitu | 210 | 2.02 | -0.005 | 449 | 49.2 | 1.01 | ||||
| MC0141 | Green Beacon | 383941 | 7877298 | 530 | Insitu | 204 | 1.05 | -0.005 | 584 | 68.6 | 3.85 |
Page | 12
==> picture [172 x 48] intentionally omitted <==
Appendix 2: Sample Location and Descriptions (first appearing in ASX announcement 26 August 2021)
| Sample Number | Prospect | GDA94_E | GDA94_N | RL | Type | Description |
|---|---|---|---|---|---|---|
| MC0027 | Wallaroo | 382463 | 7886087 | 387 | Insitu | Garnet(spesertine?)-qtz skarn with malachite and MnO |
| MC0028 | Wallaroo | 382459 | 7886085 | 387 | Insitu | Garnet(spesertine?)-qtz skarn with moderate malachite and MnO |
| MC0029 | Wallaroo | 382453 | 7886078 | 387 | Insitu | Garnet(spesertine?)-qtz skarn with strongmalachite and MnO |
| MC0030 | Wallaroo | 382443 | 7886072 | 386 | Insitu | Garnet(spesertine?)-qtz skarn with malachite and MnO |
| MC0031 | Wallaroo | 382562 | 7886043 | 391 | Insitu | Contact amphibolite of metasediments(?) |
| MC0032 | Wallaroo | 384333 | 7885562 | 361 | Insitu | 4m wide outcropof intense epidpte alteration of metasediments with malachite and azurite |
| MC0033 | Wallaroo | 384283 | 7885594 | 363 | Insitu | 50cm wide epidote-malachite-azurite skarn |
| MC0034 | Wallaroo | 384244 | 7885559 | 365 | Insitu | Epidote altered skarn with trace malachite and sphalerite(?);veryweaklymagnetic |
| MC0035 | Wallaroo | 384222 | 7885538 | 366 | Insitu | Strongepidote skarn with malachite,sphalerite,and MnO |
| MC0036 | Wallaroo | 384332 | 7885288 | 374 | Float | Banded magnetite float in creek |
| MC0037 | Wallaroo | 384262 | 7885298 | 380 | Insitu | 1m wide skarn with MnO and epidote;veryweaklymagnetic |
| MC0038 | Wallaroo | 384087 | 7885331 | 395 | Insitu | Epidote rich skarn subcrop on top of small ridge; evidence of Cu bearing structures as float down slope(across strike)to the east |
| MC0039 | Wallaroo | 384012 | 7885352 | 392 | Insitu | Epidote-malachite-chalcopyrite skarn with minor magnetism |
| MC0040 | Wallaroo | 384004 | 7885356 | 393 | Insitu | Contact amphibolite of metasediments(?) |
| MC0041 | Wallaroo | 384001 | 7885130 | 398 | Insitu | 3m wide strongepidote-malachite-chalcopyrite |
| MC0042 | Wallaroo | 383773 | 7884998 | 431 | Insitu | 7m wide epidote-MnO skarn with trace/minor malachite-azurite |
| MC0043 | Wallaroo | 383742 | 7884961 | 435 | Insitu | 4m wide subcropof epidote-malachite skarn on steepslope |
| MC0044 | Wallaroo | 383787 | 7884989 | 434 | Insitu | 30cm wide malachite skarnparallel to larger zone NW |
| MC0045 | Wallaroo | 384072 | 7885128 | 408 | Insitu | Subcroprubble with epidote rich alteration(aureole) |
| MC0046 | Wallaroo | 384071 | 7885130 | 407 | Insitu | 3m wide(?)subcropzone of Cu bearingskarn |
| MC0047 | Wallaroo | 384025 | 7885165 | 401 | Insitu | 7m wide subcropzone of Cu bearingskarn |
| MC0048 | Mt Brown | 374461 | 7885010 | 433 | Insitu | Chalcopyrite in skarn with extensive boxworks and MnO from old mine shafts over 5m by 5m area |
| MC0049 | Mt Brown | 374456 | 7885052 | 437 | Insitu | Extensivelyweathered,boxworkedgossan with hematite |
| MC0050 | Mt Brown | 373855 | 7884943 | 371 | Insitu | Weathered dolerite dyke or contact aureole around dioritepod(?) |
| MC0051 | Mt Brown | 373842 | 7884949 | 372 | Insitu | Epidote alteredQtz diorite with veryrare traces of malachite |
| MC0052 | Mt Brown | 373850 | 7885001 | 372 | Insitu | Qtz-cassiderite(?)vein/lode from old workings |
| MC0053 | Mt Brown | 373972 | 7884755 | 368 | Float | Massive magnetite with hematite weatheirngoverprint;stronglymagnetic |
| MC0054 | Mt Brown | 373913 | 7884700 | 364 | Float | Massive magnetite with hematite weatheirngoverprint;stronglymagnetic |
| MC0055 | Mt Brown | 373907 | 7884628 | 356 | Float | Brecciatedqtz vein withgoethite and MnO; possible cassiderite(?) |
| MC0056 | Mt Brown | 373995 | 7884662 | 360 | Insitu | Small pod of skarn and contact aureole with malachite/azurite throughout that extends a short distance into nearbyschists |
| MC0057 | Mt Brown | 374701 | 7884552 | 358 | Insitu | 5-10m(?)wideqtz-sulfide lode with old workings;contact aureole zone c. 30m wide |
| MC0058 | Mt Brown | 374697 | 7884542 | 353 | Insitu | 5-10m(?)wideqtz-sulfide lode with old workings;contact aureole zone c. 30m wide |
| MC0059 | Mt Brown | 374696 | 7884543 | 354 | Insitu | 5-10m(?)wideqtz-sulfide lode with old workings;contact aureole zone c. 30m wide |
| MC0060 | Mt Brown | 374696 | 7884538 | 353 | Insitu | 5-10m(?)wideqtz-sulfide lode with old workings;contact aureole zone c. 30m wide |
| MC0061 | Mt Brown | 374744 | 7884677 | 361 | Float | Gossanous material from mullock heaps |
| MC0062 | Mt Brown | 374713 | 7884699 | 363 | Insitu | 10-15m(?)widegossan zone in creek bed wall |
| MC0063 | Mt Brown | 374704 | 7884786 | 368 | Insitu | Qtzporphyrywithgossanous overprint |
| MC0064 | Mt Brown | 374739 | 7884810 | 385 | Insitu | Qtzporphyrywith epidote |
| MC0065 | Mt Brown | 374763 | 7884844 | 398 | Insitu | Weathered massive magnetite zone near hill topthat contacts with limestone |
| MC0066 | Mt Podge | 388861 | 7866502 | 399 | Float | Siliceous, dark grey banded material with very fine (0.5-1mm) boxworks along band planes possiblyafter sulfides or mica - skarnpotential? Slightyellowish sulfur colour on fractures |
| MC0067 | Mt Podge | 388860 | 7866491 | 402 | Float | Finegrainedqtz-feldporphyrywith amythest in vesicles |
| MC0068 | Mt Podge | 388905 | 7866488 | 399 | Insitu | Weathered dolerite(?) |
| MC0069 | Mt Podge | 388900 | 7866466 | 402 | Float | Finegrained siliceous rock with veryrarepyritepartiallyweathered |
| MC0070 | Mt Podge | 388857 | 7866346 | 408 | Float | Siliceous, dark grey banded material with very fine (0.5-1mm) boxworks along band planes possiblyafter sulfides or mica - skarnpotential? |
| MC0071 | Daisy Hill | 385513 | 7879658 | 495 | Insitu | 5m by 5m pod of slightly chlorite/sericite altered microgranite surrounded by pink, coarse grained Spinifex Creek Granite; Spinifex Creek Granite shows increased fracturing/qtz veining in proximityto microgranite |
| MC0072 | DaisyHill | 385591 | 7879564 | 506 | Insitu | Subcroprubble ofqtz vein/silicified zone with cassiderite(?)within finegrained microgranite |
| MC0073 | DaisyHill | 385597 | 7879550 | 504 | Insitu | Darkgrey qtz vein/silicified material with increased cassiderite(?) |
| MC0074 | DaisyHill | 385786 | 7879627 | 491 | Insitu | Large zone of massive silica |
| MC0075 | Daisy Hill | 385778 | 7879624 | 491 | Insitu | Fine-medium grained, dark green microgranite breccia with 5cm clasts of pink Spinifex Creek Granite |
| MC0076 | Wallaroo SW | 380311 | 7882974 | 374 | Insitu | Silicified microgranite with drusy qtz in vugs with limonite and minor MnO |
| MC0077 | Wallaroo SW | 380641 | 7882837 | 419 | Insitu | 5m by 10m outcrop of bleached qtz-feld porphyry (or volcanic?) with rare 0.5-1mm weathered qtz- sulfide veinlets |
| MC0078 | Wallaroo SW | 380655 | 7882828 | 415 | Insitu | Darrkgrey,fine-mediumgrained andesite |
| MC0079 | Wallaroo SW | 380815 | 7882659 | 359 | Float | Epidote altered andesite |
| MC0080 | Wallaroo SW | 380452 | 7882705 | 395 | Insitu | Malachite/chrysocolla bleedinginto coarsegrained Spinifex Creek Granite from smallqtz vein |
| MC0081 | Wallaroo SW | 380448 | 7882705 | 395 | Insitu | 2cm wideqtz-sulfidequartz vein in Spinifex Creek Granite |
Page | 13
==> picture [172 x 48] intentionally omitted <==
Appendix 2: Sample Location and Descriptions (first appearing in ASX announcement 26 August 2021) cont…
| Sample Number | Prospect | GDA94_E | GDA94_N | RL | Type | Description |
|---|---|---|---|---|---|---|
| MC0082 | CarrawayNorth | 378545 | 7883201 | 406 | Insitu | 6m wide weaklychlorite-epidote altered zone with extensiveqtz veining;strikes 080 degrees |
| MC0083 | Carraway North | 378549 | 7883611 | 356 | Insitu | Large pod of altered microgranite with weathered micas, ex-sulfides (pyrite?), and qtz veinlets; occurs within variablyfractured coarsegrainedgranite |
| MC0084 | Carraway North | 378581 | 7883638 | 356 | Insitu | Strongly chlorite/sericite altered microgranite with extensive boxworks disseminated throughout andqtz-sulfide(boxworked)throughout;strong,dense rock |
| MC0085 | Carraway North | 378603 | 7883659 | 362 | Insitu | Large outcrop of altered and veined microgranite with extensive malachite bleeds; mix of qtz and qtz-sulfide veinlets |
| MC0086 | CarrawayNorth | 379370 | 7884008 | 339 | Insitu | Creekbed outcropof chlorite/epidote altered diorite with veryminor malachite bleeds |
| MC0087 | CarrawayNorth | 379144 | 7883990 | 338 | Insitu | Epidote-chlorite altered diroite with rareqtz-sulfide veinlets and minor malachite bleeds |
| MC0088 | CarrawayNorth | 378558 | 7883688 | 362 | Insitu | Azurite and malachite microgranite withqtz veining |
| MC0089 | Carraway North | 378717 | 7883631 | 354 | Insitu | 10m wide poorly outcropping siliceous qtz lode with malachite and rarer unweathered sphalerite |
| MC0090 | CarrawayNorth | 378764 | 7883678 | 349 | Insitu | 5-6m wideQtz-malachite in old workings |
| MC0091 | CarrawayNorth | 378847 | 7883643 | 354 | Insitu | 12m wideQtz-malachite in old workings |
| MC0092 | CarrawayNorth | 378924 | 7883607 | 355 | Insitu | 10m wideQtz-malachite in old workings |
| MC0093 | CarrawayNorth | 378961 | 7883595 | 351 | Insitu | 15m wideQtz-malachite in old workings |
| MC0094 | CarrawayNorth | 378996 | 7883558 | 355 | Insitu | 15m wideQtz-malachite in old workings |
| MC0095 | CarrawayNorth | 379187 | 7883903 | 338 | Insitu | Epidote altered diorite with malachite bleeds along qtz veinlets |
| MC0096 | Gatsby | 375911 | 7878606 | 448 | Insitu | Qtz veins with minor epidote in CG MaCauleyCreek Granite |
| MC0097 | Gatsby | 375909 | 7878604 | 449 | Insitu | CG magnetite within chlorite-epidote-sericite rockpartiallyweathered;stronglymagnetic |
| MC0098 | Gatsby | 375901 | 7878639 | 449 | Insitu | 3cm wide magnetite vein with minor limonite and boxworks in CG pink MaCauley Creek Granite |
| MC0099 | Gatsby | 375776 | 7878813 | 481 | Insitu | Pink MaCauleyCreek Granite withQtz veins with minor chlorite |
| MC0100 | Gatsby | 375669 | 7878903 | 489 | Insitu | Finegrained intermediategranite, partiallychlorite altered(?) |
| MC0101 | Gatsby | 375506 | 7878960 | 484 | Insitu | MG/CGgranodiorite with minorQTZ veinlets andpartial chlorite altered feldspar |
| MC0102 | Gatsby | 375399 | 7879003 | 481 | Insitu | Strong epidote alteration in FG felsic intrusive with sericite, QTZ veining and rare exsulfide boxworks;stronglysilicified |
| MC0103 | Gatsby | 375457 | 7878802 | 465 | Insitu | Weaklychlorite altered FG microgranite withQTZ veinlets |
| MC0104 | Gatsby | 375477 | 7878764 | 461 | Insitu | Magnetite disseminations and/or vein in MG felsic intrusive; magmatic or hydrothermal magnetite source(?) |
| MC0105 | Gatsby | 375416 | 7878678 | 439 | Insitu | 20m wide zone of qtz veining that is almost stockwork in places within pink CG MaCauley Creek Granite |
| MC0106 | EckleburgWest | 377864 | 7878911 | 389 | Insitu | Large area of strongchlorite alteration with hematite afterpyrite(?)and limonite boxworks |
| MC0107 | Eckleburg West | 377888 | 7878881 | 379 | Insitu | Creekbed outcrop of strong chloritic alterated microgranite with minor malachite bleeds on fractures |
| MC0108 | Eckleburg West | 377969 | 7878864 | 382 | Insitu | Qtz rich FG microgranite with strong disseminated pyrite (0.5-1mm) and possible rarer very FG (<0.25mm)chalcopyrite |
| MC0109 | Eckleburg West | 377975 | 7878864 | 385 | Insitu | Qtz rich FG microgranite with strong disseminated pyrite (0.5-1mm) and possible rarer very FG (<0.25mm)chalcopyrite |
| MC0110 | Eckleburg West | 378023 | 7878889 | 385 | Insitu | Qtz rich FG microgranite with strong disseminated pyrite (0.5-1mm) and possible rarer very FG (<0.25mm)chalcopyrite |
| MC0111 | Eckleburg West | 378058 | 7878890 | 388 | Insitu | Qtz rich FG microgranite with medium disseminated pyrite (0.5-1mm) and increased silicification |
| MC0112 | Eckleburg West | 378092 | 7878901 | 395 | Insitu | Qtz rich FG microgranite with medium disseminated pyrite (0.5-1mm) and increased silicification |
| MC0113 | EckleburgWest | 378673 | 7879001 | 513 | Insitu | Mn weathered zone in MGgranite with limonite |
| MC0114 | EckleburgWest | 378635 | 7879007 | 510 | Insitu | Chlorite altered microgranite with limonite in vugs |
| MC0115 | EckleburgWest | 378538 | 7878936 | 492 | Insitu | FGqtz intrusive and/or vein/lode with disseminated malachite |
| MC0116 | EckleburgWest | 378473 | 7878933 | 484 | Insitu | FGqtz intrusive and/or vein/lode with extensive malachite and azurite |
| MC0117 | EckleburgWest | 378443 | 7878924 | 482 | Insitu | FGqtz intrusive and/or vein/lode with disseminated malachite |
| MC0118 | EckleburgWest | 378074 | 7878997 | 409 | Insitu | Weathered FGqtz-pyrite material(?) |
| MC0119 | EckleburgWest | 378022 | 7879030 | 395 | Insitu | Chlorite altered FGqtz rich intrusive with minor sericite |
| MC0120 | EckleburgWest | 377985 | 7879004 | 387 | Insitu | FGgrey qtz rich intrusive with minorpyrite;slightlyweathered |
| MC0121 | EckleburgWest | 377927 | 7879016 | 382 | Insitu | FGgrey qtz rich intrusive with minorpyrite |
| MC0122 | Carraway Hill | 378579 | 7880419 | 487 | Insitu | FG qtz rich intrusive with chlorite and trace disseminated pyrite and qtz-pyrite veinlets; minor weatheringofpyrite to FeOx |
| MC0123 | Carraway Hill | 378560 | 7880384 | 490 | Insitu | FG qtz rich intrusive with chlorite and trace disseminated pyrite and qtz-pyrite veinlets; minor weatheringofpyrite to FeOx;minor fracturing/brecciation inplaces |
| MC0124 | Carraway Hill | 378534 | 7880294 | 495 | Insitu | FG qtz-chlorite-pyrite rock (phyllic alteration zone?) with pyrite weathering rapidly to black FeOx spots |
| MC0125 | Carraway Hill | 378660 | 7880219 | 499 | Insitu | FG qtz-chlorite-pyrite rock (phyllic alteration zone?) with pyrite weathering rapidly to black FeOx spots;verysubtle magnetism;minor kspar |
| MC0126 | Mytle Creek | 379374 | 7876619 | 408 | Insitu | Chlorite-epidote-biotite altered ex-volcanic (?) rock with extensive FeOx, MnO, and silicification |
| MC0127 | EckleburgEast | 380157 | 7879651 | 598 | Insitu | Qtz veininginpink CG regionalgranite with minor MnO |
| MC0128 | Eckleburg East | 380442 | 7879536 | 600 | Insitu | Narrow zones of silicified qtz-feld microgranite with biotite/chlorite partiall weathered to psuedo- boxworks in regionalgranites;non-magnetic |
| MC0129 | EckleburgEast | 380486 | 7879582 | 577 | Insitu | Weaklyepidote/chlorite altered MG felsicgranite |
| MC0130 | EckleburgEast | 380515 | 7879739 | 572 | Insitu | Ex-biotite chlorite rich rock within felsic MGgranite;highlyferruginised |
| MC0131 | EckleburgEast | 380542 | 7878881 | 584 | Insitu | 20cm wideqtz-feld MGgranite within CG regionalgranite |
| MC0132 | Windcan | 381122 | 7877845 | 541 | Insitu | 15m wide miltiphaseqtz vein with veryminor epidote alteration;trend for >1km strike |
| MC0133 | Green Beacon | 383203 | 7877549 | 506 | Insitu | 20cm wideqtz vein with mica and MnO andpossible trace ex-sulfide boxworks |
| MC0134 | Green Beacon | 383315 | 7877682 | 506 | Float | Qtz veiningin CGgranite with trace ex-pyrite(?) |
| MC0135 | Green Beacon | 383680 | 7877231 | 521 | Float | Ferruginised FG-MG qtz-chlorite-MnO granite or volcanic (?) similar to alteration at Eckleburg West |
| MC0136 | Green Beacon | 383693 | 7877211 | 522 | Insitu | Ferruginised FG-MG qtz-chlorite-MnO granite or volcanic (?) similar to alteration at Eckleburg West |
| MC0137 | Green Beacon | 383737 | 7877156 | 521 | Insitu | Highlyfractured FGgranite with MGpartiallyweathered biotite |
| MC0138 | Green Beacon | 383864 | 7877199 | 527 | Insitu | 5cm wide VFGqtz-feld dyke with abundant biotite andpossible trace ex-pyrite(?) |
| MC0139 | Green Beacon | 383877 | 7877263 | 527 | Insitu | Ferruginised FG-MG qtz-chlorite-MnO granite or volcanic (?) similar to alteration at Eckleburg West |
| MC0140 | Green Beacon | 383884 | 7877289 | 530 | Insitu | Ferruginised FG-MG qtz-chlorite-MnO granite or volcanic (?) similar to alteration at Eckleburg West |
| MC0141 | Green Beacon | 383941 | 7877298 | 530 | Insitu | Ferruginised FG-MG qtz-chlorite-MnO granite or volcanic (?) similar to alteration at Eckleburg West |
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Appendix 3: JORC CODE 2012 Compliance Table
The following information is provided to comply with the JORC Code (2012) exploration reporting requirements.
SECTION 1 SAMPLING TECHNIQUES AND DATA
Criteria: Sampling techniques
JORC CODE Explanation
Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or hand-held XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling.
Company Commentary
This announcement refers to assay results of 110 rock chip samples, outcrop and sample photos, geophysical data modelling. Rock chip sample locations were determined by the occurrence of visible mineralisation or alteration. This announcement then discusses the exploration significance of the mineralisation in the context of a suitable exploration model.
JORC CODE Explanation
Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. Whilst the sampling selected for visible mineralisation and alteration, each sample is considered representative of the sample location. No extrapolations of visible mineralisation or assay result grades are made.
JORC CODE Explanation
Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1m samples from which 3 kg was pulverised to produce a 30g charge for fire assay’). In other cases, more explanation may be required, such as where there is a coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.
Company Commentary
The Company followed best practise methods in the collection of the 110 rock chip samples. The purpose of the sampling was to determine the grade of visible mineralisation in outcrop. No extrapolations of visible mineralisation or assay result grades are made.
Criteria: Drilling techniques
JORC CODE Explanation
Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc.) and details (e.g. 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.).
Company Commentary
This announcement does not refer to drilling or drilling results.
Criteria: Drill sample recovery
JORC CODE Explanation
Method of recording and assessing core and chip sample recoveries and results assessed.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Measures taken to maximise sample recovery and ensure representative nature of the samples.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
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Company Commentary
This announcement does not refer to drilling or drilling results.
Criteria: Logging
JORC CODE Explanation
Whether core and chip samples have been geologically and geo-technically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography .
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
The total length and percentage of the relevant intersections logged.
Company Commentary
This announcement does not refer to drilling or drilling results.
Criteria: Sub-sampling techniques and sample preparation
JORC CODE Explanation
If core, whether cut or sawn and whether quarter, half or all core taken.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
For all sample types, the nature, quality, and appropriateness of the sample preparation technique.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Quality control procedures adopted for all sub-sampling stages to maximise “representivity” of samples.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Whether sample sizes are appropriate to the grain size of the material being sampled.
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Company Commentary
This announcement does not refer to drilling or drilling results.
Criteria: Quality of assay data and laboratory tests
JORC CODE Explanation
The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. The samples were submitted to ALS Townsville Laboratory for multielement geochemical analysis. The analytical assay technique to be used in the elemental testing of these samples is inductively coupled (ICP) atomic emission spectrometry and fire assay atomic absorption spectroscopy. The analytical assay technique used in the elemental testing is considered industry best practice.
JORC CODE Explanation
For geophysical tools, spectrometers, hand-held XRF instruments, etc., the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. No tools of this nature were used in the generation of the assay results.
JORC CODE Explanation
Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.
Company Commentary
By virtue of the very small sample population (110 samples) no blanks, duplicates or standards were used by the Company. Standard laboratory QAQC procedures were used by ALS.
Criteria: Verification of sampling and assaying
JORC CODE Explanation
The verification of significant intersections by either independent or alternative company personnel.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
The use of twinned holes.
Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
Documentation of primary data, data entry procedures, date verification, data storage (physical and electronic) protocols.
Company Commentary
This announcement refers to assay results of 110 rock chip samples, outcrop and sample photos, geophysical data modelling. Rock chip sample locations were determined by the occurrence of visible mineralisation or alteration. This announcement then discusses the exploration significance of the mineralisation in the context of a suitable exploration model. The samples have been submitted to ALS Townsville Laboratory for multi-element geochemical analysis. Primary data (regarding assay results) will be supplied to the Company from ALS in two forms: Excel and PDF form (the latter serving as a certificate of authenticity). Both formats are captured on company laptops/desktops/iPads which are backed up from time to time. Following critical assessment (e.g. price sensitivity, inter alia ), when time otherwise permits, the data is entered into a database by Company technical personnel. Photographic data was acquired by Inca personnel using personal camera equipment, subsequently compilated on personal/company laptops.
JORC CODE Explanation
Discuss any adjustment to assay data.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. No assay data adjustments were made to the data.
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Criteria: Location of data points
JORC CODE Explanation
Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. The sample locations were determined using hand-held Garmin 64s GPS.
JORC CODE Explanation
Specification of the grid system used.
Company Commentary
Refer also above. GDA94, zone 55.
JORC CODE Explanation
Quality and adequacy of topographic control.
Company Commentary
Topographic control is achieved via the use of government topographic maps, past geological reports/plans, and by using hand-held GPS.
Criteria: Data spacing and distribution
JORC CODE Explanation
Data spacing for reporting of Exploration Results.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. Sample spacing was determined by the occurrence of visible mineralisation and /or alteration in outcrop. In a broader sense, targeted areas included known prospect areas with known historic mineralisation and areas of interest based on other forms of targeting, such as geophysics, satellite imagery.
JORC CODE Explanation
Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
Company Commentary
No Mineral Resource or Ore Reserve estimations are referred to in this announcement.
JORC CODE Explanation
Whether sample compositing has been applied.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. No formal sample compositing had been applied to generate assay results subject of this announcement. At individual sample locations, material, whether float or in situ, was collected to make up the required ±2kg sample from a small area representative of the location.
Criteria: Orientation of data in relation to geological structure
JORC CODE Explanation
Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
Company Commentary
This announcement refers to assay results of 110 rock chip samples. Sample spacing was determined by the occurrence of visible mineralisation and /or alteration in outcrop. In a broader sense, targeted areas included known prospect areas with known historic mineralisation and areas of interest based on other forms of targeting, such as geophysics, satellite imagery.
JORC CODE Explanation
If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
Company Commentary
This announcement does not refer to drilling or drilling results.
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Criteria: Sample security
JORC CODE Explanation
The measures taken to ensure sample security.
Company Commentary
Sample security was managed by the Company in line with industry best practice.
Criteria: Audits and reviews
JORC CODE Explanation
The results of any audits or reviews of sampling techniques and data.
Company Commentary
Where considered appropriate, assay data is independently audited. None were required in relation to assay data subject of this announcement.
SECTION 2 REPORTING OF EXPLORATION RESULTS
Criteria: Mineral tenement and land tenure status
JORC CODE Explanation
Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
Company Commentary
Tenement Type: Two granted Queensland Exploration Permit for Minerals (EPM): EPM 27124, EPM27163.
Ownership: EPM 27124/163: Inca to acquire 90% through an executed MOU. 1.5% NSR payable to MRG Resources Pty Ltd (MRG).
JORC CODE Explanation
The security of the land tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
Company Commentary
The MOU and tenement are in good standing at the time of writing.
Criteria: Exploration done by other parties
JORC CODE Explanation
Acknowledgement and appraisal of exploration by other parties.
Company Commentary
Other than referring to past mining locations only, this announcement does not refer to exploration conducted by previous parties.
Criteria: Geology
JORC CODE Explanation
Deposit type, geological setting, and style of mineralisation.
Company Commentary
MaCauley Creek: The geological setting is dominated by well exposed Carboniferous aged granitic rocks that have intruded older DevonianCarboniferous metamorphic lithologies. Minor sedimentary and volcanic unit overlie the prospective granitic rocks in portions of the project area. The project area is prospective for porphyry, intrusive-related, and skarn style mineralisation.
Criteria: Drill hole information
JORC CODE Explanation
A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
-
Easting and northing of the drill hole collar
-
Elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar.
-
Dip and azimuth of the hole.
-
Down hole length and interception depth.
-
Hole length.
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Company Commentary
This announcement does not refer to drilling or drilling results.
JORC CODE Explanation
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.
Company Commentary
The rock chip sample locations and subsequent photos of samples are georeferenced to QLD’s grid system GDA94, zones 55.
Criteria: Data aggregation methods
JORC CODE Explanation
In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (e.g. cutting of high grades) and cut-off grades are usually Material and should be stated . Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations shown in detail
Company Commentary
No weighted averages, maximum/minimum truncations and cut-off grades were applied and reported in this announcement.
JORC CODE Explanation
The assumptions used for any reporting of metal equivalent values should be clearly stated.
Company Commentary
No metal equivalents are used in this announcement.
Criteria: Relationship between mineralisation widths and intercept lengths
JORC CODE Explanation
These relationships are particularly important in the reporting of Exploration Results.
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (e.g. ‘down hole length, true width not known.’)
Company Commentary
This announcement does not refer to drilling or drilling results.
Criteria: Diagrams
JORC CODE Explanation
Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported. These should include, but not limited to a plan view of drill hole collar locations and appropriate sectional views
Company Commentary
Plans are provided that show locations of the 110 rock chip samples included in this announcement. Photographic data is cross referenced to the sample number and hence geo-located.
Criteria: Balanced reporting
JORC CODE Explanation
Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
Company Commentary
The Company believes this ASX announcement provides a balanced report of the past exploration results referred to in this announcement.
Criteria: Other substantive exploration data
JORC CODE Explanation
Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
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Company Commentary
This announcement refers to three previous ASX announcements dated: 2 October 2019, 15 October 2019, 28 September 2020, and 26 August 2021.
Criteria: Further work
JORC CODE Explanation
The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large-scale step-out drilling).
Company Commentary
By nature of early phase exploration, further work is necessary to better understand the mineralisation appearing in mining workings the subject of this announcement.
JORC CODE Explanation
Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
Company Commentary
Plans are provided that show locations of the 110 rock chip samples included in this announcement.
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