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

Feb 25, 2015

47130_rns_2015-02-25_118a1535-087d-489e-ab8b-a292fb6606fd.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

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

RTG ANNOUNCES NEW EXTENTIONS AND NEW SHALLOW HIGH GRADE GARNET SKARN MINERALISED ZONE AT THE MABILO PROJECT

ANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGE

26 FEBRUARY 2015

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

Resource drilling on the South Body designed for resource classification conversion has intersected a new zone of mineralised garnet skarn at shallow levels. This is the best intercept of garnet skarn mineralisation intersected to date. MDH-095 intercepted 25.80m at 2.32% Cu and 1.63 g/t Au from shallow downhole depths below volcanic overburden. Significant mineralisation in this part of the system has not been intersected previously and will be subject to follow up investigation.

Highlights of the ongoing drilling program include –

MDH-095 Discovery of high grade Garnet Skarn mineralisation at shallow position and magnetite intercept.

25.80 meters at 2.32% Cu and 1.63 g/t Au from 111 meters downhole.

26.60 meters at 1.99% Cu and 1.62 g/t Au from 194 meters downhole.

MDH-090 Deep extension of magnetite skarn mineralisation at the deepest levels of the resource model.

11.70 meters at 1.48% Cu and 2.79 g/t Au from 307.30 meters downhole.

The interval reported in MDH-95 is significant in that Garnet Skarn has not previously been intercepted with significantly wide intervals and was not the primary target of the drill hole.

The discovery of high grade garnet skarn at shallow levels represents a new target for follow up drilling and modelling. Subsequent follow up drilling designed to intersect the same garnet skarn at shallow positions has been successful in delineating similar mineralised garnet skarn subject to oxidation processes (assays pending).

Deeper extension drill hole MDH-090 has successfully validated the current south western limit of the geological model. This confirms the system extends at depth and remains open, with MDH-090 being part of an ongoing campaign designed to upgrade the inferred resource classification at depth.

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 resource classification conversion (ASX release 24th November 2014) and extension identification to the South Body and North Body.

Figure 1. Location of drill holes 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-095

MDH-095 was set ~55m meters Southeast of MDH-060 and drilled on the previous section line. The drill hole was designed to confirm the strike and down-dip extension of the magnetite mineralisation (Figure 3). Garnet skarn has been identified in adjacent sections (Figure 4) exhibiting intervals of patchy chalcopyrite.

MDH-095 intercepted a 25.8m interval of retrogressed garnet skarn with abundant coarse grained chalcopyrite from 111m downhole. The drill hole continued to the targeted magnetite skarn intersecting 25.60 meters of magnetite skarn from 194m down hole. Drilling was in a shallow inclination across modelled lithology with true thickness of the garnet skarn being approximately 23m and magnetite being approximately 25m.

MDH‐095 From To Intercept(m) Au g/t Cu % Ag g/t Fe % Mineralisation
111.00 136.80 25.80 1.63 2.32 4.0 9.70 Garnet Skarn
including 115.00 118.00 3.00 3.08 2.74 7.0 10.59 Garnet Skarn
including 127.00 129.00 2.00 3.84 4.89 6.3 13.61 Garnet Skarn
including 133.00 136.80 3.80 2.55 6.15 12.4 9.94 Garnet Skarn
andincluding 136.00 136.80 0.80 7.47 9.20 23.6 17.02 Garnet Skarn
and 194.00 219.60 25.60 1.62 1.99 15.2 42.81 MagnetiteSkarn
including 217.00 218.40 1.40 9.71 16.27 133.0 37.42 Magnetite Skarnwith Chalcocite

Drill core recovery was 100% over reported intervals.

Figure 3 MDH095 with two intervals reported from Garnet Skarn Zone and Magnetite Skarn Zone, MDH096 is pending assay with MDH-94 ongoing.

Refer Figure 3; MDH-096 was drilled targeting the up-dip extension of the garnet skarn interval at the Labo Volcanic cover. MDH-96 intersected oxidised garnet skarn textures with and instances of coarse grained chalcopyrite, assays are pending. The recently terminated drill hole on section MDH-094 passed through mineralised garnet skarn with instances of magnetite at similar positions with targeted magnetite skarn intersected at depth.

MDH-090

MDH-090 is located 100 meters Southwest of MDH-060. Drilling is designed to upgrade the Inferred resource category of the current deepest extension to the Southwest of the model. MDH-090 successfully intersected brecciated magnetite skarn from 307.30m to 318.80 meters confirming the down dip extension of the system to over 175 meters in length with the interval in close agreement with the resource modelling. True thickness is approximately 10 meters.

MDH‐090 From To Intercept (m) Au ppm Cu % Ag g/t Fe % Mineralisation
307.30 319.00 11.70 2.79 1.48 25.2 36.27 Magnetite Skarn
including 313.00 317.00 4.00 6.10 1.70 23.8 45.63 Magnetite Skarn

Drill core recovery was better than 95% over reported intervals.

Figure 4. MDH090 Magnetite Skarn Interval, with previously reported MDH057 and MDH060 (RTG ASX release 30th June 2014 & 13th August 2014 respectively).

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, 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.

HOLE ID Location GPSCoordinates (UTM WGS84) Orientation True Nth Depth
Prospect East North RL Dip Azi E.O.H (m)
MDH-90 South B Resource 476079 1559581 127 -60 50 344.80
MDH-91** South B Resource 476050 1559632 118 -60 50 305.05
MDH-92* South A Resource 476083 1559934 109 -50 50 81.60
MDH-93* South B Resource 475992 1559713 119 -60 50 350.50
MDH-94* South B Resource 476136 1559577 122 -60 50 295.00
MDH-95 South B Resource 476167 1559603 119 -50 50 251.20
MDH-96* South B Resource 476225 1559660 131 -62 50 209.10
MDH-97 South B Resource 476042 1559664 117 -60 50 in progress
MDH-98 South B Resource 475952 1559748 126 -60 50 in progress

Appendix 1: Location of Reported Drill Holes

**MDH-91 intersected a 9.2 meter magnetite skarn from 278.20m, however core recovery through the mineralised interval was less than 15% due to cavities within the marble country rock.

*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 OCCoionJRdelantexpa Cotammenry
bohhejlogisdhebadloadePrGeDaMttttttaoecoancompanseanageranupydedicad pjdabahehed withltsddtettatteroecsewreyaremergeassayresureporhelabod ciesf allloginghekehejfficeinHaPrDattortst attt oraropogsearepoecy. dhetotigitallybyt.e
Discdjdatmt tota.uss anyausenassay djhabededaNotmtstota.ausenveenmaassay
fdaLoionttacaointspo Acd qlityfd tlocdrillatecuracyanuaosurveys useoholesllarddo-holehe(),inetrecoanwnsurveysncs,mkingd ohelociondinMinelRetatwors anrs userasourceimionestat Drill-holellarinitiallydithhad-heldGPSithcosaresurveyewanwanaccimly/-ledholesdbyindedelifie5 mCote+tentapproxampare surveyeanpenquaiodicbaisingdaddifferialGPS(DGPS)iphievtantntonapersussrenequmeacdeiminhoizol ad vical pitiontrentatceaccuracyrneros furacyod surveyoringbsu
Spffhed sd.iicaionittsteecogrymuse Drill cllardinUTMWGS84Zo51Nid.os aresurveyenegr
ld adehl.Qityfictopntruaanquacyoograpcoo hebilojislaivelyflaith tl viaioninhylesTMt att wtattoptaproecreareoarograpsTohiclisidedbyDGPS singntrpograpcooprovurvey ha15 mn
dDaingtaspacandisibuiontrt fflorltsDaingingExionRetatatspacorreporopsu illholeslandinal gid with20 mbedrillholes4Drtware pneonanomreenonlines. 0 mdspace
hehehedaddbuffWingistiionisicientr ttattspacanrsublish thedeflogical ad gdetotaesgreeogeonrafheldinuityiatMineRenttcoappropreorrasourceanOrReimiondu()d clasificaiontatteserveesproceresanssld.ieapp hedrillholeingdeigddeineheinuitydTtotertttenspacwassnemconanexinelised skaBad oisical afdrill rltsdahetattt otote,tnesesseenesumrarnzos.n sssm40 x20 mdrillholeingisfficieninelimionMRettotttspacsusupporrasourceesa fhettoinalnom
Wheheleitinghabelied.tr sampcompossenapp Noitingfintlsinhefield wdeketrtacomposoervaasunn.
fdaOrieniontattaoinlaionttorelogl sicatruturgeoce heheheflhbdWienioningieviastr ttatorosampacesunelbled thehhingfiicstrturtent tosampopossucesanexwhisisknideinghedeit tttown,consrposype. Nobiasibubleienionf slingdingf rltshabeideittrtatotatntaoroampupgraoesusen fied.
Ifhelationhipbehedrillingieniondttwn ttatreseeoranhefkeld sienionineiseisttattructuoroymraresided thaintdud alingbiashistconsreoverocesamp,holdbed ad rdfl.iiatetersuassesseneporma 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 JORCCodelaniontexpa Cotammenry
inelMtentraemendlandtenanuretatuss Tyf/nbelociond ohipatpe,reerence nameumr,anwnersludlh thd pincingiaissitiriesntsatetagreemeormrues warh ajinthipidingltiesntutnesucsoveres, parrss,overrroya,lehl sldeiveitintisticaiteittstss,essnaereorwrnor,l pk ad el sioniroingttaettnaaarnnvnmens. TheMbiloPrjisdbyExlorionPeitEP-014-2013-VdExloriontttaoeccovereparmanpaitAplicaionA-issdbolorionPeEXP000188-V.EP-014-2013-VMLaExttottrmpwasuepadDelopCoion("MLabo"),iad eityfRTGMiningInThenttttentanvemerporaanassococ.reis1%ltybleiningivedbyboinlaion014-MLaEP-t mtttoaroyapayaonnerevenue recere2013-V.bohadintjintithGaleoipdiningMLaEqMtnteturntnts ereoaoveneagreemewumeanCoIn("Gleo")inloringddelopingheMbilodNalesbitatotnetmpany,c.aparrexpanveaannjleointinhejdobelowfacPrGa36%Pr200 mts.tottts,tooeccan earnupaeresoecwnsure,$byibuingimlyUS4,250,000floriondrillingdtrttettconapproxaoexpaanmanagemeniceforhejiod.Pr2 yttsservsoecoveraear perInNobe2013,SierMiningLimited("Sier"),hollydbsidiarfRTG,vemrraraawownesuyodleoigd adufdeding(")ingd chaGaMUn"MOUtanttt pansneemoranmorsseouroposengeshejinthedehlimitf200 mfrohedtotturnttotttntovene agreemeremovepomagreemeanidefordditionldrillingfbelowhelsoideforleo5,000 m200 mTMOUGaprovaaoaprovsbedits36%intfroithhebilityforRTGlaw-bakinttotet untttotgranerespwaccanyeresdeddhedfhelaw-bakiod.hedmheTJVtttttstotemenoearneaenoccperamenenAgbjSierhaholdel.ntttoreemearesuecrasrer approvaierhalsod adithleohebyleodditionlSMOUGaGa6%terras aeneseconrecan earnanaawwintinhejintbyiningheinitial1.5Mf wMbiloNalesbitattturtt oteteresovenemasaaorn
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 JORCCodelaniontexpa Cotammenry
hodstme hnddeiqim/oinimiontectrtues,maxumanr mumgrauncas(fhh gde)d cffdeingiguttut-e.g. corasanogras arellyMial ad sholdbed.atestateusuarnuheholenhsfWintincatetsaterttreaggregerceporporsgohigh gdeltsdlonlenhsflowdetraresuangergograltshedudfh aholdiontatresuprocereuseorsucggregsu,bed ad sical elesfh aionstatee tatnomypxamposucggreg inglorionltsNot rtteporexparesus
holdbehodel.initasuswnTheiondfingfltttaassumps useoranyreporomelenlueholdbelealyd.ivat vstateequas sucr l eivalendehabed.Notat gmequrasveenuse
Relaionhipbettwseenlineisaiontmraidhsdinttertwanceplenhstg helathlarlyheTionipicuiminttanttseress areparporingfExlorionReltstatreporopsu hebilodrillhabedrilledbohicallydinclined.heienionf theTMTtrttataveenveanoroinelisedbodiesisbadintionf glogfrodrillholesdbytattemraseonerpreoeoymsupporicdellinghichindicahahf theinelisaionisdipinghettestt mttotmagnemowucomraphwtt.soues
hehelh rheIffineisaionitttryttt totgeomeomrawespecdrllholeleknholdbed.iisitsturteangown,nae surepor heintdienionf theinelisedbodiesisbadicdellingdTtetatterpreoromraseonmagnemoandrill-holedadisdodinheThefachaheintionintantett.tttttancumereporersecs areadipingbodydheforidhshabed.tttruttepanree noe wsenrepor
fknd olyhedoholelenhsIitistttnoown annwngared,heholdbeleahisfftettatt tottreporresuacr semeneec('doholelenh,dth nkn').ittruotegwnge wown intlsd cbedbeidh of theinelisaionNotetotruttervareporanassumeae wmra
Diagrams d sh slesdApiation(it)tpropre maps anecswcaanbulationfintholdbeincludedftatss oercepsuoranyfdbedheholdludeigiicaiscingTincnttessesnoveryreporububelimited tlaniewfdrillholellart noto apvocolocd al vioniationiewatts anppropre secas. ferfigithinheinbodyf thisRetott.ureswmaorepor,
Baland ringtceepor hehelllorltsWiveingfExionRetatrecomprensreporoapsuble,fbohlowisicaiveingt pcttatttnorarepresenreporodhh gdeddthsholdbed tig/oiicectanras anr wsupraod mleadflorltsiisingingExionRetatavoreporopsu licable.Not app
Criiater OCCoionJRdelantexpa Cotammenry
Ohebsivettantr sulordaionttaexpa Otheloriondaifingfl ad mial,atta,ater expmeanunrholdbedlud(buld t)incingimitetet notsureporo:logical obsionhyical sltsatgeoervs;geopsurveyresu;hel sltsbulk slesdicaizegeocmurveyresu;ampsan–hod ofllurical teltsbulkttreatmt; metastmeengresu;dedwhnl ad rkityicaatetecns, grounr,geonochaisticsialdeletiouinaingcteotenttamtcrar; pers or conbstansuces. ll mingfulloriondainghebilojhabedinAMPrttattteeanexpaconcernaoecsenreporiouheASX.tstotprevs repor
Fuhekrtr wor hed sleflandfhekT(turt. testsnae ancaopneurr wore.gflatl eiondeh eionlarlextetxteoreranss orpnss orge-scadrlliing).stetp-ou illingisinghebilojhich will sicallyicbodiesdDrMPrttt wtemttest mtongoaaoecysaagneanlonikedbeheNohMinelisedZodheSohtepttartstrtwtrttts-ougeagsaneenraneanuinelisedll ado-dipfroheMZotraneasweswnmsezones.
lealyhhlhthefbleDiagigigingitramscrareas opossludheloglionincinginicatentexss,mageodfdrllded thintioniingiisretatutuerps anreareas, provllyinfionisiaitivett cormanoommercsens Referfigithinheinbodyf thistott.ureswmaorepor