Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RTG Mining Inc. Regulatory Filings 2015

Apr 13, 2015

47130_rns_2015-04-13_7e432664-1a2b-4d0b-b70e-6cc55105c974.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

Level 2, 338 Barker Road Subiaco WA 6008 Phone: +61 8 6489 2900 www.rtgmining.com

ABN: 70 164 362 850

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

RTG ANNOUNCES FURTHER HIGH GRADE EXTENSION INTERCEPTS TO THE MABILO SYSTEM

ANNOUNCEMENT FOR THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGE

14 APRIL 2015

The Board of RTG Mining Inc. ("RTG", "the Company") (TSX Code: RTG, ASX Code: RTG) is pleased to announce significant high grade gold and copper intercepts in the South Mineralized Zone at the Mabilo Project in the Philippines.

Resource drilling on the South Body designed to upgrade resource classification has successfully intersected further mineralisation at the southern end of the South Body. The drilling has confirmed the down dip extent of the high grade garnet skarn mineralisation intersected in drill hole MDH-95 (RTG reported ASX 26th February 2015). Additional Magnetite Skarn mineralization currently outside the resource model was also intersected in MDH-096, with 35m @ 1.86 g/t Au and 1.29 % Cu confirming the continuation up-dip of the magnetite skarn. The mineralisation remains open down dip and along strike in both directions, with all mineralisation found to date being shallow enough to be amenable to open pit mining techniques.

Highlights of the ongoing drilling program include –

MDH-096 interval confirming the up-dip continuation of magnetite skarn at shallow level positions in this part of the system.

35 meters @ 1.86g/t Au and 1.29% Cu from 156.00 meters downhole.

MDH-094 is a South-West extension of the magnetite skarn.

43.20 meters @ 1.09g/t Au and 1.01% Cu from 242.00 meters downhole.

MDH-94 confirmed continuity of garnet skarn at depth with two intercepts including one with significant gold mineralisation.

6.00 meters @ 2.54 g/t Au and 1.04% Cu from 175.00 meters downhole.

The two drill holes reported MDH-94 and MDH-96, together with previously reported in MDH-95, extend the intersected strike length of mineralisation by 40m.

Significantly, the section identified Garnet Skarn mineralisation not previously intercepted and confirmed additional down-dip Magnetite skarn mineralisation beyond the previous resource model (RTG ASX release 24th November 2014).

ABOUT MABILO

The Mabilo Project is located in Camarines Norte Province, Eastern Luzon, Philippines. It comprises one granted Exploration Permit (EP-014-2013-V) of approximately 498 ha and Exploration Permit Application EXPA-000188-V of 2,820 ha. The Project area is relatively flat and is easily accessed by 15 km of all-weather road from the highway at the nearby town of Labo.

Drilling is ongoing and currently focused on upgrading the resource classification (RTG ASX release 24th November 2014) over the South Body and North Body.

Figure 1. Location of drill holes and reported in this release on RTP ground magnetic image.

Figure 2. - Schematic long section showing isotropic copper grade shells, location of significant intercepts with intercepts highlighted in this release.

MDH-096

MDH-096 was designed as a follow-up hole to the successful MDH-095 (RTG ASX release on 26th February 2015). Targeting the up-dip continuation of the Magnetite and Garnet skarn, MDH-096 was successful in intersecting Garnet and Magnetite, with magnetite recording significant mineralisation. Strongly oxidised garnet skarn was observed to be weakly mineralised in this position as a result of strong oxidation and depletion within the interval (Figure 3). Down-dip continuation of mineralised Garnet skarn in MDH-094 successfully demonstrated continuity at depth.

MDH-096 was successful in targeting mineralisation outside the previously modelled magnetite with a modelled thickness being approximately 23m.

MDH‐096 From To Intercept(m) Auppm Cu% Agppm Fe % Mineralisation Recovery(%)
Magnetite and
156.00 191.00 35.00 1.86 1.29 3.6 40.30 Garnet Skarn 88.57
including 160.25 170.00 9.75 1.80 1.90 3.1 49.69 Magnetite Skarn 86.15
including 161.00 163.00 2.00 3.45 3.98 6.0 48.87 Magnetite Skarn 90.00
and Magnetite andCalc‐silicate
including 175.00 187.00 12.00 2.23 1.34 5.3 48.09 Skarn 93.75
Magnetite andCalc‐silicate
including 181.00 187.00 6.00 3.34 1.73 8.0 38.32 Skarn 88.33
Garnet skarnwith Magnetite
including 190.00 191.00 1.00 7.38 1.17 6.4 9.88 Veins 100.00

Figure 3 MDH-096 and MDH-094 with previously reported MDH-095 intercepts.

MDH-094

MDH-094 designed as part of the ongoing resource campaign successfully intersected mineralised garnet skarn and magnetite skarn at depth. Magnetite is strongly retrogressed in places resulting in intervals of high grade gold. Brecciated magnetite skarn instances are patchily overprinted with silica pyrite. True width is modelled to be approximately 22m.

MDH‐ Intercept Au Cu Ag
094 From To (m) g/t % Fe % g/t Mineralisation Recovery (%)
175.00 181.00 6.00 2.54 1.04 15.01 4.89 Garnet Skarn 100.00
and 184.00 191.00 7.00 0.91 0.86 13.75 1.56 Garnet Skarn 95.00
and 242.00 285.20 43.20 1.09 1.01 35.56 20.90 Magnetite Skarn 93.24
and
including 242.00 262.00 20.00 0.94 0.91 34.84 15.93 Magnetite Skarn 88.14
and
including 266.00 278.00 12.00 0.88 1.46 39.99 37.07 Magnetite Skarn 95.42
and
including 281.00 282.20 1.20 9.68 4.02 28.18 21.90 Magnetite Skarn 100.00

QUALIFIED PERSON AND COMPETENT PERSON STATEMENT

The information in this report that relates to Exploration Results at the Mabilo Project is based upon information prepared by or under the supervision of Robert Ayres BSc (Hons), who is a Qualified Person and a Competent Person. Mr Ayres is a member of the Australian Institute of Geoscientists and a full-time employee of Mt Labo Exploration and Development Company, a Philippine mining company, and an associate company of RTG Mining Limited. Mr Ayres has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being 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" and to qualify as a "Qualified Person" under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Ayres has verified the data disclosed in this release, including sampling, analytical and test data underlying the information contained in the release. Mr. Ayres consents to the inclusion in the report of the matters based on his information in the form and the context in which it appears.

ABOUT RTG MINING INC

RTG Mining Inc. is a mining and exploration company listed on the main board of the Toronto Stock Exchange and Australian Securities Exchange Limited. RTG is focused on developing the high grade copper/gold/magnetite Mabilo Project and advancing exploration on the highly prospective Bunawan Project, both in the Philippines, while also identifying major new projects which will allow the Company to move quickly and safely to production.

RTG has an experienced management team (previously responsible for the development of the Masbate Gold Mine in the Philippines through CGA Mining Limited), and has B2Gold as one of its major shareholders in the Company. B2Gold is a member of both the S&P/TSX Global Gold and Global Mining Indices.

ENQUIRIES

Australian Contact President & CEO – Justine Magee

Tel: +61 8 6489 2900
Fax: +61 8 6489 2920
Email: [email protected]

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. Accuracy of mineral resource and mineral reserve estimates and related assumptions and inherent operating risks, are forward-looking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from RTG's expectations include uncertainties related to fluctuations in gold and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the development of RTG's mineral projects; the need to obtain additional financing to develop RTG's mineral projects; the possibility of delay in development programs or in construction projects and uncertainty of meeting anticipated program milestones for RTG's mineral projects and other risks and uncertainties disclosed under the heading "Risk Factors" in RTG's Annual Information Form for the year ended 31 December 2013 filed with the Canadian securities regulatory authorities on the SEDAR website at sedar.com.

GPS
HOLE ID Location Coordinates (UTM WGS84) Orientation True Nth Depth
Prospect East North RL Dip Azi E.O.H (m)
MDH-092* South A Resource 476083 1559934 109 -50 50 81.60
MDH-093* South B Resource 475992 1559713 119 -60 50 350.50
MDH-094 South B Resource 476136 1559577 122 -60 50 295.00
MDH-095 South B Resource 476167 1559603 119 -50 50 251.20
MDH-096 South B Resource 476225 1559660 131 -62 50 209.10
MDH-097* South B Resource 476042 1559664 117 60 50 338.50
MDH-098* South B Resource 475952 1559748 121 -60 50 349.60
MDH-099 South B Resource 476235 1559603 135 -63 50 on-going
MDH-100 South B Resource 476173 1559563 120 -65 53 on-going

Appendix 1: Location of Reported Drill Holes

*Assay Pending.

All co-ordinates in UTM-WGS84 (51 N). All collars have been surveyed using handheld GPS and will be subject to professional survey pickup at a later date using DGPS system.

Appendix 1: JORC Code 2012 Edition Table 1

Section 1 Sampling Techniques and Data

Criiater JORCCodelaniontexpa Cotammenry
lSaingmphniqtecues d qlfl(hals,Naityingturute anuaosampe.g. ccnnedohipificialisedindudadstrstaranmcs,orspecspecynrlshelsdeiatinet toe to tmeasuremenoapproprmraunrinvigionh adoholedetates, sucswngammasons,orhadheld).helesholdXRFinsTtruntstcnme, eseexampsubekelimitinghebrd mingflingttatnon asoaeanosamp Thedadheinisbadlingfdiamddrill cfPQ,tateassayreporreseonsampoonoreoQQSaHdNdiamhichihdiamdlestettaner wwascuwaoncoresaw.mparellyflenh,lhohionllylighlylonhohe1ttttegeneraomgaugoccasasgeror srr wrehainlihologizeireddjlesttmtscngesy,coresor corerecoveryrequausen;samparehalenh.t mt2tnoorenmg
ludefkeleIne ttan tcreerenco measureso ensure sampivityd theiatlibrionftatrepresenanappropre caoanylsd.t tostemeasuremenoorsymsuse helenh of ehdrill risded adheforh rlculad oitedTtttegacunrecornrecoveryeacuncan sanhekedinhehed.Ceifiedferdadsdblanklesttrttanccagaacoresreencesransampwerebmitdhedisionf theltsdhle20tetottsuassessaccuracanprecoresuaneverysampwasyintdhelesbmitdforlyislytwttwrtetetesawnooanoquar coresampsuanasseparaasadulicale.tepsamp
Asfhedeinaionfinelisaionhatsttertttt apecomomrarel toheblMiaPuicReatett.rpor lf clesd sforlyisbyindedeSO-ifiedlaboHaIt atntrttororesampwerecunenanasanpenceray(khabo)inila.leshedd plveised(IntMPLaMSa95%<75tetorercrraanmperecrusanrywu).Gold wlydby0 gfiredhehelemincludingdiro5tttsμmasanaseassayanor eencopperannby(duivelyledlas)(duivelyICP-MSInCoPMSpICP-OESInttrotrytcupmaassecmeorcColedlasOpicalissionSp)followingfouiddigPEmttrotryt.upmaecmear-aces
Drillinghniqtecues ll ty(lat-holeDriircionpee.g. core,reverse cu, openhairblasBakaic,)tart, aetmmer,royauger,ng, soncddels(dledad tbeiiamiptaetetrstanegcorer,oranru,deh ofdiamd tils,flingbit ohettr tponaace-sampr oype,hehed adfbyhahod,).isienittet metetcwr coreornsow, DrillingbyPQ,HQdNQdiamiplebediamdingThetetrtuasaner,oncorcorewaswiend.t otatenor
Drill sleamprecovery hod ofdd ad chMingingipetrecoranssesscoreanleiesd rltsd.samprecoveranesuassesse CoisiniiallydibyinedhniciandbyhettetratetrerecoverymeasureonscsanisinglogisAnlosisd,heislculadt.ttatesupervgeoycoresmeasurepercengecafofedboh adedinhehnicallogheingttteanrerecorgeocr rerence wn assessassay
Criiater OCCoionJRdelantexpa Cotammenry
keledMimisetan teasureso maxsamprecoveryanivefhelestatturtensurerepresennae osamp ltsresufAll ciskeimdiamdddrillertatoarenensuremaumrecoveryooncoreansarexinfodfheimf cAnf pttarmeopornceoorerecoveryyareas ooor corerecoveryareled slyhulbedirelyladtettsttetosampeparas assayresucancrecorerecoveryThejifheinelisaionisinfrehkheiestytttemaoromrasrocwrerecoveraregrearf mha90%Moinelisaioninideinioniveitt mttetttensraoccursrsecsoassmagnewkaihlaivelyifodlddeColosinfratttusrnwreunrmcopperangogras.res occurscreffrabuisllyigiicablemi.ehelosinistt at ptttuzonesusuanosnnrocorecrezoneslikelyhabeigificalyhighelowdehahedingtotttunveensnnr orergransurrounial.Inhehedheiicidisedlosistettttmarwearemaoxzonessomecoresidable,bullislly90%dhelosisttunavooverarecoverygeneraancores>flumicallyinoinheinelisedInhetrttvoemrmrazones.areasopoorrecovery,leinlsdincideihdrill rhufdiffetetotttsamprvaarearrangecowuns,sareasorenflosiicindividul sleshichbedtatocorespercengearespecaampwcanassesseheininglyical rlddelledinfuimiontetttstuttwnrpreanaesuanmoreresourceesaffdiesWhe100%losisideiiedheleinlstutttesreanareaocoresnsamprvaarekedhidefhedheisdeigd"N"dtotttemareacsozoneanzonesnaocoreanigd zlueinheiouloghed gheicaldabattstaassneero vavarsseaneocmse
hehelathbeleWionipistttwr aresexseen samprecoveryd gded whehelebhadiastanraanr sampmayveoccurredufllos/gff/col.iainineiae tnttero preeresaoarsema TheisdisciblelaionhipbeddeThekattwrenoernreseencorerecoveryangrasrnbodieslaivelyifoigificalenhsdhedldttttarereunrmover snngancopperangodeladlaydfrahichheinft rtetotutgrasarenoecancrezoneswaremacausesoloscores.
Loinggg hehed chleshabelogllyWipicatr core ansampveengeod ghnllylogd tlevl ofdel toicaitectataneogeo aesupporldiatMineReimioniningiestatstapproprerasourcees, mud mllurl sdicaiesetatuang iamddrill cforh eiredrillholelogdinigificadeilinbefDntnttaonoreeacwasgesna numr ologingheincludinglogicalloglloghnicallogdtstruturtecgseageoascaageoana,,icibilitylogforheiredrillhole.ineliseddledintlsMttttmagnesuscepenraansampervaarelogdindividullyinitaiveinellogith pf thediffertentttagtgeaa separaquamrawercenesoeninelsbeingded.helogingisiaforinel rimTtettescoppermrarecorgapproprmraesourceesad miningdiestuans
Whehelogingislitaiveitaiveinttnttturrgquaorquanae.Co(hal, e)hohystetc.togreorcoan, cnneprap f thelogicallogingisixtf qlitaive(deipionf theiouMt ottosgeogamureouascrsoarsvlogicalfea)ditaive(bedlesf vinsdfraturnttturgeoesanquanumrsanangoeancezones,inel).heitaiveinelisaionlogdheicTtagtc.ntttttmrapercenesequamraanmagne
Criiater JORCCodelaniontexpa Cotammenry
hellenh ad pfhelevTtotattagttgnercene oreanlogd.intiontersecsge ibilitylogitaivehohskef all c(boh wddry)iorPtntttogtatt asuscepare quaraparen ooreenprhebeingtott.corecull cincludingbabudeislogdinheiouloginghed aboAttsteorerrenoverrngevarsgsenove,froheitaiveinelisaionloginhichlyheinelisedintlsttntttttaparmquamrawonmraervasen
Sub-slingamphndiqtecues anleiontsampprepara Ifhehed whehehalftuttrtecore,wr corsawnanr quar,orll ckee taoran. forheical alyislogdindeil.tertageocmnasaregegreall slingdaisfrodiamddrill clesf shalf cforASatatampmonorempareoawnoreexcepdulicaleshichlf cisbad ad sSO-ifiedHaItertettortpsampwarequar coreoreggenenanceindedelaboforlyis.hehehalf rinedforferd/orfurheTnttorttatpenraanasorereenceanryk.testwor
Ifheheiffled,beled,lit,ttutaretcnon-core,wr rsamproyspd wheheled wdrtetanr sampory. licablediamd cdrillingNofort apponore
Foll slehelitydtytturr aamppes,nae,quaanfhelehniationiqtatteapproprenessosamppreparcuell pdudodfll sb-slQityingntrteuacooroceresaporauamp All clesdried,hed9%<10 md a1.kgb-leisd55toteoresampwerecrusmansusampseparaingifflelitd plveisedb-leisilised95%<75A50tertotusarspanrm.gsusampasauμufirehaforld alyis.heleionhniqd sb-lingisTtte-assaycrgegonassamppreparacueanusampiaheinelisaionfortettapproprmra
imiseivityflesstatotgesmaxrepresenosampkehahelMingistan te tt teasureso ensursamphel cllecd,ludivefinituiaincingtattateterepresenosmrofltsfflddul/sed-halfinsieicatanteorceresuorpconlingsamphehelehefWizeiatinizete to tr sampss areapproprgrasoheialbeingled.tatemrsamp lanklesddulicalesbmitd rinelyitohelingdBtetettor tsampanpsampare suoumonsampanlyical pdhalesivefinituial.inOnttott statteranarocessanensureampare represenosmae20 slesfhalf cisindudulicalestotwrteteeveryampooresawn agaproceo quar corepsamphichbmitdhelabolyithdifferlebeAblanktetottortet swaresurayseparawenampnumrs.th sleinsdintlebahe20le.tetct esampwasero samps averyampTheitekainelisaioninivef mitekaithtttentmagnesrnmraoccursexszonesoagnesrnwdissinadhalcoiteiningld.heleizef aimly1 mTtentateemcpyrcogosampsopproxacore,lenhisitableinheinizef theinelisaiontttottgsurespecgrasomra
heleizeisided aiaforheial sled.isbelievdhainTIttettertt gsampsconsrepproprmaampera
Criiater JORCCodelaniontexpa Cotammenry
izehabeinghedef theled mial.tterss noarongraosampa
Qliftyuaoassaydadlabotatoranraytests Thelityd aiatfheingturtnae,quaanpproprenessoassaydlabodud ad whehehetortr tanrayproceresusenhniqisided pial ol.tectr totaueconsrear ll cleslydifiedindedelaboldAISO-Got artnttororesampereanaseancepenrawaswy.lydby50 gfiredhehelemincludingdirolydtttsanaseassayanor eencopperann wereanasebyfollowingfouiddigheleiondICP-MSICP-OESTt.torar acessamppreparaanassayhniqfintionlindudad ad cbeidedl.tecttrytantotaues areoernaassrnanconsre
Fohyical tols,hadheldXRFtroterr geopsospecmes,nheddeheinsininingtruntstc,tetetertme, eparamrsusemlyisincludinginsked mdel, rdingtruntanasmemaanoealbrfld ad thedeimiionieirivaiontattortes,casacs appnr,etc hyical tlsdforlyisdhein.icibilityNoMtettgeopsoowereuseanyanasreporreagnesuscepdingdinicdellingbudimiteFett at utottetreasareusemagnemorenoseesamagneorntentco
fll pdudodNaity(turntrtee oquacooroceresape.gdadsblanks,dulicallabostatesxtetornrp, ernaray,heksd wheheblelevlsf)(iettaccanr accepeoaccuracylack ofbias)d pisionhabeblished.taanrecveenes lityl cledbyincludedlyisf sdadsblanksddulicaQRTGntrtetantesuacooompanasoranp,,thCoialCeifiedferialsinsdintlebahe40ReMrttertetcmmercenceawereerosamps everyth sle.blank sleinsd ele;heblank sleialhabeA20tettersampampwaserveryampampmasend ad pdfrolocl qOnin20 clesisint2 qtrtesourcenreparemaauarryeeveryoresampcuouarleshichbmitdindedelyithheirlebeIntenttcoresampweresupenownsampnumrs.wwdditionkdudheiriveheklingf theirInttetettent oaerconcownexsccsampasparown,intlhichisdinhehed oltsllQAQCAf rfrotetts.ernaprocesses wreporassayserecoresumadulicablanksddadsisintinedforingQA/QCtestant.pansrmaaongoassessmen,inaionfll theledaindicaisfacforffieldExQAQCttatesttoramoasampsapermanceoylinglsdhelabotocttorsampprooanassayray.
Veificaionftroldingsampaningassay hefffbyheTiicaionigiicaintionittnttverosnersecserdedeltel.iniventatpenorarncompanypersonne igificainelisaionintionifiedbylteivel.Snttttnmraersecs wereverarnacompanypersonne
hedholesTfinntwuse oe inndholeshabedrilled.Notweveen
fdadaduDoionimntatta,tatrycumeopraryenproceres,daificaionda(hyical ad elecic)tattastotroverragepsnn,ls.tocproo DadoionificaiondisdudindaithRTG'stantatttortecumeveransageconcaccorncew,dadingdulforhebilojhediamddrill cisSOpPrMMPrTtanttt.reraoceresanuaaoeconorellylogdinigificadeilinbef sl telalogingheExnttatetets.manuagesna numr oeparacempgseingisdedllyloginghedibedintdlLoExtstratecteggrecormanuaongseannscroprocedsheladdirelyinthel telahedalidadbyExTttemtestertttestatespreaeporenecocempareva
Criiater JORCCodelaniontexpa Cotammenry
bohhejGelogisdhebadloadePrDaMttttttaoecoancompanyseanageranupdedicad pjdabahehed withltsddtettatteroecsewreyaremergeassayresureporhelabod ciesf allloginghekehejfficeinHaPrDattortst attt oray.ropogsearepoec dhetotigitallybyt.e
ddaDiscjtmt tota.uss anyausenassay Nodjhabededatmtstota.ausenveenmaassay
ionfdaLottacaointspo Acd qlityfd tlocdrillatecuracyanuaosurveys useoholes(llarddo-hole),heinetrecoanwnsurveysncs,mkingd ohelociondinMinelRetatwors anrs userasourceimionestat ill-holellarinitiallydithhad-heldithDrGPScosaresurveyeananaccwwimly/-Coledholesdbyindedelifie5 mte+tentapproxampare surveyeanpenquaiodicbaisingdaddifferial()iphievGPSDGPStantntonapersussreneqmeacudeiminhoizol ad vical pitiontrentatceaccuracyrneros furacoyd surveyoringbsu
Spificaionfheid sd.ttsteecogrymuse ill cllardinid.DrUTMWGS84Zo51Nos aresurveyenegr
Qld adefhl.ityictopntruaanquacyoograpcoo hebilojislaivelyflaith tl viaioninhylesTMt att wtattoptaproecreareoarograpshiclisidedbyingToDGPS sntrpograpcooprovurvey ha15 mn
dDaingtaspacandisibuiontrt DaingfingfExlorionReltstatatspacorreporopsu Drillholeslandinal gid with20 mbedrillholes4tware pneonanomreenonlines. 0 mdspace
hehehedaingddistibuionisfficienWtr ttattspacanrsublh thedelogl ad gdeisficatotaesgreeogeonrafheldinuityiatMineRenttcoappropreorrasourceandud clasOrReimion()ificaiontatteserveesproceresanssld.ieapp Thedrillholeingdeigddeineheinuitydtotertttenspacwassnemconanexinelised skad oisical afdrill rltsdaheBatattt otote,tmrarnzones.sen sssessmenesu40 x20 mdrillholeingisfficienMinelReimionttotttspacsusupporrasourceesa fhettoinalnom
hehelehabeld.Witingietr sampcompossenapp itingfintlsinhefield wdekeNotrtacomposoervaasunn.
Orienionfdatattaoinlaionttorelogical struturgeoce Wheheheienionflinghievbiasdtr ttatorosampacesunelfbled thehhingiicstrturtent tosampopossucesanexwhisisknideinghedeit tttown,consrposype. biasibubleienionf slingdingf rltshabeideiNottrtatotatntaoroampupgraoesusen fied.
fhelathbehedrlldIionipiingienionttwn ttatreseeoranheienionfkeinelised sisttattructuoroymraresded thadud albhiintingiasistconsreoverocesamp,holdbed ad rdifial.tetersuassesseneporma biasibubleienionf slingdingf rltshabeideiNottrtatotatntaoroampupgraoesusen fied.
Criiater JORCCodelaniontexpa Cotammenry
Saleitympsecur Thekeleitytan tmeasureso ensure sampsecur hainf cdyisdbyloylesdinCRTGSatotortorousmanageempees.mperesesecure sagewfroheimfdrillinghrh gheingd slitinginingiskeinRettttttme oougaranpmacorepa secure,d aheionl officeind gded aightlesCoDaSattttowt ncompounmpanregaenanuarmpareydirelyfrohehedhelabokedind ad sled plasicdruttttottortsencmcoresraypacsecureneamsingithehicleslocl tdadhainfdyCoACCut ctantousermpanveoraaransporompansrosyy.forisigdbyhedriveibleforinghelesipfttrttt omsnerresponsansporsampuponrecelesheddisigdbyloyf thelaboipf thetttort osampacorearansneanempeeoraonreceyyleshelaboColedfordheCoforfilingtttorteturtotsamparay.mpmsare renempany
Audiiewtsorrevs heltsfdflTitsiewingsus osareoanyauorrevmphnddaiqtecta.ues an helinghniqdQA/QCdaiewd oingbaisbyCoTtetasampcues anarerevenanongosmpanydindedeltat antntsmanagemennpenconsu

Section 2 Reporting of Exploration Results

Criiater OCCoionJRdelantexpa Cotammenry
inelMtentraemendlandtenanuretatuss belocd ohTyf/nionipatpe,reerence nameumr,anwnersludlh thd pincingiaissitiriesntsatetagreemeormrues warh ahdltjintipiingiesntutnesucsoveres, parrss,overrroya,lehl sldeiveitintisticaiteittstsnaereors,wrnessor,ionl pk ad eirol singttaettnaaarnnvnmens. hebilojisdbylorionitdlorionTMPrExPeEP-014-2013-VExtttaoeccovereparmanpaPeitAplicaionEXPA-000188-V.EP-014-2013-VissdMLaboExlorionttottrmpwasuepadlopion(bo"),iad eityfiningheDeCo"MLaRTGMInTnttttentanvemerporaanassococ.reis1%ltybleiningivedbyMLaboinlaionEP-014-t mtttoaroyapayaonnerevenue recere2013-V.MLabohadintjintithGaleoEqipdMiningtnteturntnts ereoaoveneagreemewumean(leo")inloringddelopinghebilodlesbitaCoIn"GMNatotnetmpanc.aparrexpanveaanny,jGaleo36%intinhejdo200 mbelowfacPrPrts.tottts,tooeccan earnupaeresoecwnsure,byibuingimly$floriondrillingdUS4,250,000trttettconapproxaoexpaanmanagemeniceforhej2 yiod.Prttsservsoecoveraear perbeieriningimited(ier"),hollydbsidiarfInNo2013,SML"SRTG,vemrraraaownesuowydGaleoigd adufdeding("MO")ingd chaMUnUtanttt pansneemoranmorsseouroposengeshejinthedehlimitffrohed200 mtotturnttotttntoene agreemeremovepomagreemeanvidefordditionldrillingf000 mbelow200 mheOlsoideforGaleo5,TMUprovaaoaprovsbeditsintfroithhebilityforlaw-bakint36%RTGtotet untttotgranerespaccanereswydeddhedfhelaw-bakiod.hedmheTJVtttttstotemenoearneaenoccperamenenbjierhaholdel.AgSntttoreemearesuecrasrer approvaSierhalsod adOithGaleohebyGaleodditionl6%MUterras aeneseconwwrecan earnanaaintinhejintbyiningheinitialbilolesbita1.5Mf wMNattturtt oteteresoenemasaaornv
Criiater JOR CCodelaniontexpa Co tammenry
Tato hefheheld ahefityimingttet tttsecuronuree oreporlonith aknimdimbtaininglicetstogwnyownpeenoanseheintetoperaarea dheireincludingisithitingheisbjTMOUtntstantttoanor reqmeasscepermsuecauwbef cditiondeincludingSierhaholdel.nt,numr oons precerasrer approvahehelybeinglord abiloisdlorionitTMExPetetntttetnureoverareacurreexpeaa granparmhichisided sheisiveitledigldoinslaimTIntttrawconsreecure.renonaorenous ancesmacsbilo.Mtaa
Exloriondobytpaneheiesttor par Acp knledgd al oflorbyheisaionntatotowmeanppraexpriestar helyigificaioulorionhebilojdrillingTMntttt aonsnprevsexpaoveraproecreawasaheiteithinheddicRTG(itst atttenttprogramanor swnemeanagrounmagnesurveyordeSier)hadhisdainiouheASddheXtettatstottprecessorras reporprevs reporanused micbaisforinitialdrill sitingSubslyRTGduditstnttegrounagnesurveyasasequeconcd micithlosdlined rdingintlshichtowngrounagnesurveywcerspacesurveys aneaervawdehehisical pTheknioulorioninhefttorttsupersesrogramrewas noown prevs expaareaohedinelMRettereporrasource
Gelogoy Dem it tlogical singd slefetttyposype,geoanolineisaiontra inelisaionbilobedefined aiteld skahichdelopdMMtttraaacans amagne-copper-gornveewheheiteld minelisaionlacd clcahoizoinheEottttwremagne-copper-gorarepeareousrnscenebaioninhef aiocdioriteintionTuFoMttntat zagemgarmacocone oenerus
illholeDrInfiontorma Auntadrooooo fllinfionial tohetatetsummaryoaormamrdedfhelorltsludingionincingrsttatanoexpresuabulationfhefllowinginfionfllMialttateooormaorarllholesi:ingd nhingfhedrillholellarsttteaanorocolevdudl –levboionRL(ReLeionatateorceveeavesealevlin)fhedrillholellartretemesocodd ah ofheholeipimuttanzdoholelenh addehintiontttwngnerceppholelenh.tg ll rlevdrillholeinforionhabeioulydheialAASX.Notttetottereanmasenprevsrepormahahadhisinforionincit wiginallyd.totttecngesveoccurremaseasorrepor
fItdoca helusfhffd ohebaionisinionisjiieisttttn texcoormausshahefl ad thlusinionisMiaisiont tttateormanornexcdefhededfheheingttracttrsttt,tesnoromunanoreporhold clealylahyhheCoPeinisisetentttmprson surexpwse All rlevdahabed.ttateeansenrepor
Daiontataggrega In lorltshtingExionReigingingtatreporpsu, weaverag inglorionltsNot rtteporexparesu
Criiater OCCoionJRdelantexpa Cotammenry
hodstme hniqimd/oinimdeiontectrtues,maxumanr mumgrauncasfhh gded cffde(ingig)uttut-e.g. corasanogras arellyl ad sholdbed.MiaatestateusuarnuheholenhsWintincfatetsaterttreaggregerceporporsgohh gdeltsdlonlenhsflowdeigtraresuangergograltshedudh aholdfiontatresuprocereuseorsucggregsu,bed ad sl elesfh aicaionstatee tatnomypxamposucggregholdbehoindeil.tasuswn inglorionltsNot rtteporexparesus
hedfflTioningtttaassumps useoranyreporomeivalenlueholdbelealyd.t vstateequas sucr l eivalendehabed.Notat gmeqrasveenuseu
laionhipbeRettwseeninelisaiontmraidhsdinttertwanceplenhstg Thelationhipicularlyiminhettanttseress areparporflorltsingExionRetatreporopsu TheMbilodrillhabedrilledbohicallydinclined.Theienionf thetrttatveenveaanoroinelisedbodiesisbadintionf glogfrodrillholesdbytattemraseonerpreoeoymsupporicdellinghichindicahahheinelisaionisdipinghef tttestt mttotmagnemoucomrapwhwtt.soues
Ifhefheinelisaionith rhettryttt totgeomeomrawespecdrllholeleknholdbed.iisitsturtee sangown,naurepor Theintdienionf theinelisedbodiesisbadicdellingdtetatterpreoromraseonmagnemoandrill-holedadisdodinhehefachaheintioninTtantett.tttttancumereporersecs areadipingbodydheforidhshabed.ttruttepanree noe wveenrepor
knd olyhedoholelenhsIfitistttnoown annwngared,heholdbeleahisfftettatt tottreporresuacr semeneec'doholelenh,dth nkn(i').ttruotegwnge wown intlsd cbedbeidh of theinelisaionNotetotruttervareporanassumeae wmra
iagDrams Apiatd sion(ith sles)dtpropre maps anecswcaanbulatfholdbeludedfionintinctatss oercepsuoranyigificadiscbeingdTheholdincludenttesnoveryreporsesububeld tlanfdrllholellarimiteiewit noto apvocolociond aiationl viewatts anppropre secas. ferfigithinheinbodyf thisRetott.uresmaoreporw,
land ringBatceepor WheheiveingfllExlorionReltstatrecomprensreporoapsuble,fbohlowisicaiveingt pcttatttnorarepresenreporodhigh gded/oidthsholdbeiced tctanras anr wsupraod mleadflorltsiisingingExionRetatavoreporopsu Nolicable.t app
Criiater OCCoionJRdelantexpa Cotammenry
Ohebsivettantr sulordaionttaexpa helordal ad ml,Otionifingfiaatta,ater expmeanunrholdbedlud(buld t)incingimitetet notsureporo:logical obsionhyical sltsatgeoervs;geopsurveyresu;hel sltsbulk slesdicaizegeocmurveyresu;ampsan–hod ollurl teltsbulkficattreatmt; metastmeengresu;dedwhnl ad rkityicaatetecns, grounr,geonochaldeletisticsiaiouinaingcteotenttamtcrar; pers or conbstansuces. ll mingfulloriondainghebilojhabedinAMPrttattteeanexpaconcernaoecsenreporiouheASX.tstotprevs repor
Fuhekrtr wor hed sleflandfhek(Tturt. testsnae ancaopneurr wore.gflatl eiondeh eionlarlextetxteoreranss orpnss orge-scadrlliing).stetp-ou illingisinghebilojhich will sicallyicbodiesdDrMPrttt wtemttest mtongoaaoecysaagneanlonikedbehehineliseddhehNoMZoSotepttartstrtwtrttts-ougeagsaneenraneanuinelisedll ado-dipfroheMZotraneasweswnmsezones.
Diaglealyhighlightinghefibletramscrareas opossludheloglionincinginicatentexss,mageointiondfdrillingided thisretatutuerps anreareas, provfllyinionisiaitivett cormanoommercsens Referfigithinheinbodyf thistott.ureswmaorepor