S2 RESOURCES LTD — Regulatory Filings 2016

Sep 29, 2016

ASX Announcement

Friday 30th September 2016

MONSOON DRILLING UPDATE 3

Key points

• Final batch of assays from initial follow up drilling at Monsoon received
• Includes a high grade intercept of 1m@38/t gold
• Other zones of +1g/t gold mineralisation intersected
• Diamond drilling program to verify original high grade RC holes underway

S2 Resources Ltd ("S2" or the "Company") advises that results have been received for the final two diamond holes drilled as part of the initial drilling program to follow up the original high grade gold intercepts in RC holes SPBC0313 and SPBC0320 previously reported in the Company's ASX announcement of 21st July 2016.

These two diamond holes were drilled on lines located 40 and 100 metres north of SPBC0313 (the high grade RC intercept of 66 metres @ 11.4g/t gold), with one of these holes (SPBD0326) being a deep hole on the same section as SPBC0320 (the second of the original high grade RC intercepts of 38 metres @ 6.41 g/t gold, located 40 metres north of SPBC0313), and the second diamond hole (SPBD0327) being a further 60 metres north of this (see Figure 1). Like previously reported follow up holes, these two holes were also drilled towards the west in the opposite direction to the original RC drilling.

Diamond hole SPBD0326, drilled deeper on the same section as RC hole SPBC0320 (38m@6.41g/t gold uncut), intersected 2m@1.64g/t gold from 194 metres and 1m@38g/t gold from 213 metres (see Figure 2 and Annexure 1). The new intercepts, despite being drilled from the opposite direction, occur at a similar location with respect to the basalt-shale contact as some of the higher grade intervals originally identified in RC hole SPBC0320. The mineralization intersected in SPBD0326 is located approximately 100 metres vertically below the high grade mineralization originally intersected in SPBC0320. Visual inspection of the 38g/t interval suggests that the gold is likely to be due to coarse gold in a narrow vein within that metre interval. If the intersections in these two holes correlate, they would define a subvertically oriented zone of variable grade mineralization of variable grade and width.

SPBD0327, drilled a further 60 metres north of SPBD0326 and deeper on the same section as previously reported RC holes with minor low grade gold intercepts, intersected several low grade zones of gold mineralization including 1.5m@1.02g/t gold from 97.5m, 2.1m@2.49g/t gold from 131m, 0.9m@1.24g/t gold from 158.5m, and 5.4m@1.76g/t gold from 161.6m (see Figure 3 and Annexure 1). This indicates that the mineralized structure is still present 100 metres north of the original high grade RC intercept in SPBC0313 and that it is also at the same position with respect to the basalt-shale contact.

The combination of narrow high grade and broader low grade mineralization intersected in these holes is consistent with that seen in the follow up drilling reported in the recent ASX announcement of 28th September 2016. As with previous drilling, it is not yet possible to confidently predict the orientation or continuity of individual mineralized structures within thiszone, which appear to be discrete, narrow structures with highly variable grade.

The previously announced program of easterly directed diamond core drilling, including twinning the previously announced high grade RC intercepts in SPBC0313 and SPBC0320, is underway. The aim of the twin diamond holes is to provide important geological and structural information to clarify the geology and the geometry of the previously identified mineralization, and this will also provide verification of the nature, width and distribution of gold mineralization in the RC holes.

For further information, please contact:

Mark Bennett	Anna Neuling
Managing Director	Executive Director
+61 8 6166 0240	+61 8 6166 0240

Competent Persons statement

The information in this report that relates to Exploration Results is based on information compiled by John Bartlett who is an employee of the company. Mr Bartlett is a member of the Australasian Institute of Mining and Metallurgy. Mr Bartlett has sufficient experience of relevance to the style of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Bartlett consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

Figure 1. Plan of drillhole collars with key intercepts from previous and new drilling.

Figure 2. Cross section 6476840N showing key intercepts from new drilling, which appear to define a subvertical zone of mineralization comprising narrow structures with variable grade.

Figure 3. Cross section 6476900N showing key intercepts from new drilling, which appear to define a subvertically orientated zone of mineralization comprising narrow structures of variable grade.

Annexure 1

The following Tables are provided to ensure compliance with the JORC code (2012) edition requirements for the reporting of exploration results.

Hole No.	Zone	TotalDepth	North	East	RL	Dip	Azim	From,m	To, m	Width,m	Au,ppm	Comment
SPBC0312	Monsoon	120	6476800	394390	262	-60	90	75	78	3	1.18
AND							85	86	1	5.22
AND						96	102	6	0.54
SPBC0313	Monsoon	140	6476800	394360	262	-60	90	74	140	66	11.4	EOH (4.2g/t cut)
			INCLUDING					77	85	8	70.5	(11.0 g/tcut)
			INCLUDING					77	81	4	139	(20.0 g/tcut)
			AND, INCLUDING					90	103	13	8
			INCLUDING					95	99	4	14.4
			AND, INCLUDING					110	123	13	3.6
			INCLUDING					117	119	2	13.5
			AND, INCLUDING					130	138	8	3.3
SPBC0314	Monsoon	120	6476800	394330	262	-60	90			NSI
SPBC0315	Monsoon	95	6476800	394420	262	-60	90			NSI
SPBC0316	Monsoon	115	6476760	394390	262	-60	90	59	60	1	1.1
AND						82	83	1	0.59
			AND					95	98	1	1.09
SPBC0317	Monsoon	110	6476760	394360	262	-60	90	38	39	1	2.22
			AND					75	76	1	0.53
SPBC0318	Monsoon	130	6476760	394330	262	-60	90			NSI
SPBC0319	Monsoon	70	6476840	394410	262	-60	90			NSI
SPBC0320	Monsoon	140	6476840	394380	262	-60	90	75	113	38	6.41	(1.78 g/tcut)
INCLUDING						75	83	8	26.7	(4.70 g/tcut)
			AND, INCLUDING					90	99	9	2.1
			AND, INCLUDING					103	106	3	1.11
			AND, INCLUDING					112	113	1	4.93
SPBC0321	Monsoon	120	6476840	394350	262	-60	90	64	65	1	0.82
SPBC0322	Monsoon	120	6477430	393810	262	-60	90			NSI
SPBC0323	Monsoon	140	6477430	393770	262	-60	90	105	107	2	24.7	(15.5 g/tcut)
			AND					110	111	1	2.16
SPBD0324	Monsoon	171.5	6476800	394485	262	-55	270			NSI
SPBD0325	Monsoon	264.9	6476800	394485	262	-70	270	76	76.9	0.9	1.75
SPBD0326	Monsoon	228.9	6476840	394520	262	-60	270	194	196	2	1.64
			AND					213	214	1	38
SPBD0327	Monsoon	243.7	6476902	394470	262	-70	270	97.5	99	1.5	1.02

	AND						131	133.1	2.1	2.49
AND							158.5	159.4	0.9	1.24
	AND							161.6	167	5.4	1.76
SPBC0328	Monsoon	115	6476780	394405	262	-60	270			NSI
SPBC0329	Monsoon	120	6476780	394425	262	-60	270	58	59	1	3.64
			AND					62	63	1	4.98
			AND					115	116	1	1.23
			AND					118	119	1	0.92
SPBC0330	Monsoon	120	6476780	394445	262	-60	270	16	17	1	0.87
SPBC0331	Monsoon	130	6476780	394465	262	-60	270			NSI
SPBC0332	Monsoon	60	6476800	394405	262	-60	270			NSI
SPBC0333	Monsoon	95	6476800	394425	262	-60	270			NSI
SPBC0334	Monsoon	120	6476800	394445	262	-60	270	16	18	2	1.1
AND						103	104	1	1.08
SPBC0335	Monsoon	110	6476820	394440	262	-60	270			NSI
SPBC0336	Monsoon	110	6476860	394420	262	-60	270			NSI
SPBC0337	Monsoon	120	6476860	394440	262	-60	270	88	91	3	32.1	(21.8 g/tcut)
			AND					95	96	1	1.01
SPBC0338	Monsoon	120	6476860	394460	262	-60	270	58	60	2	1.42
SPBC0339	Monsoon	120	6476860	394480	262	-60	270	119	120	1	3.00	(EOH)
SPBC0340	Monsoon	150	6476900	394420	262	-60	270	15	16	1	1.29
SPBC0341	Monsoon	130	6476900	394440	262	-60	270	65	66	1	1.43
SPBC0342	Monsoon1206476900394460262-60270						24	25	1	1.07
AND								81	82	1	1.13
SPBC0343	Monsoon	30	6476900	394480	262	-60	270			ABD

Table 1:

The following Tables are provided to ensure compliance with the JORC code (2012) edition requirements for the reporting of exploration results.

SECTION 1 SAMPLING TECHNIQUES AND DATA

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling (e.g. cut channels,random chips, or specific specialised industrystandard measurement tools appropriate to theminerals under investigation, such as down holegamma sondes, or handheld XRF instruments, etc).These examples should not be taken as limiting thebroad meaning of sampling.	The mineralised trend at Monsoon is sampled by aircore, RCand diamond drilling with 20 to 40 m hole spacing and onnominal 20 to 80 m lines. Aircore holes were drilled to refusal.For RC sampling, a 1 metre split is taken directly from a conesplitter mounted beneath the rigs cyclone. The cyclone andsplitter are cleaned regularly to minimise any contamination. Asecond reference split is also taken from each metre and storedon site.Aircore holes are sampled using an aluminium scoop toproduce a four metre composite sample.Diamond core is drilled either Triple Tube PQ3 or HQ. Core iscut in half and sampled.

Criteria	JORC Code explanation	Commentary
	Include reference to measures taken to ensuresample representivity and the appropriatecalibration of any measurement tools or systemsused	Sampling and QAQC procedures is carried out using S2protocols as per industry best practice.
	Aspects of the determination of mineralisationthat are Material to the Public Report. In caseswhere 'industry standard' work has been done thiswould be relatively simple (e.g. 'reverse circulationdrilling was used to obtain 1 m samples fromwhich 3 kg was pulverised to produce a 30 gcharge for fire assay'). In other cases moreexplanation may be required, such as where thereis coarse gold that has inherent samplingproblems. Unusual commodities or mineralisationtypes (e.g. submarine nodules) may warrantdisclosure of detailed information	Reconnaissance aircore samples are composited at 4 m toproduce a bulk 3 kg sample. Samples were dried, pulverised(total prep), and split to produce a 25 g sub sample which isanalysed using aqua-regia digestion with ICP-MS finish with a 1ppb detection limit.A 1m end of hole sample was collected for all aircore holes.Sample preparation was the same as above and were analysedusing a four acid digest with an ICP/OES and fire assay. Thefollowing elements are included in the assay suite: Ag, Al, As,Au, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cu, Fe, K, La, Mg, Mn, Mo, Na,Ni, P, Pb, Sb, Sc, Sr, Te, Ti, Tl, V, W, Zn.RC drilling is sampled a 1m "cone" split sample, to produce abulk 3 kg sample. Diamond core is cut by an automaticAlmonte core saw and bagged for assay preparation. Samplepreparation was the same as for the aircore drilling. A nominal50gram sub-sample was collected and analysed by Sampleswere to produce a sub sample for analysed by fire assay withan AA finish.
Drilling techniques	Drill type (e.g. core, reverse circulation, open-holehammer, rotary air blast, auger, Bangka, sonic,etc) and details (e.g. core diameter, triple orstandard tube, depth of diamond tails, facesampling bit or other type, whether core isoriented and if so, by what method, etc).	Diamond is by either PQ3 or HQ core size.RC drilling is carried out using a face sampling hammer with anominal diameter of 140mm.Aircore drilling is carried out using a 3 ½ inch blade bit. Wherenecessary a 3 ½ inch face sampling hammer is employed topenetrate through hard zones.
Drill samplerecovery	Method of recording and assessing core and chipsample recoveries and results assessed	Diamond, RC and aircore sample recoveries are visuallyestimated qualitatively on a metre basis and are recorded in thedatabase.
	Measures taken to maximise sample recovery andensure representative nature of the samples	Sample quality is qualitatively logged on a metre basis,recording sample condition and contamination.Diamond core recovery is very good in the moderatelyweathered and fresh rock.Various drilling additives (including muds and foams) have beenused to condition RC and aircore drill holes to maximiserecoveries and sample quality.Drill cyclone, splitter in the case of RC or sample buckets in thecase of Aircore are cleaned between rod-changes and after eachhole to minimise down hole and/or cross-hole contamination.
	Whether a relationship exists between samplerecovery and grade and whether sample bias mayhave occurred due to preferential loss/gain offine/coarse material.	Insufficient drilling and geochemical data is available at thepresent stage to evaluate potential sample bias.Drill samples are occasionally wet which may have resulted insample bias due to preferential loss/gain of fine/coarse material.
Logging	Whether core and chip samples have beengeologically and geotechnically logged to a level ofdetail to support appropriate Mineral Resourceestimation, mining studies and metallurgicalstudies.	Lithology, alteration and veining is recorded directly to a digitalformat and imported into S2 Resources central database. Thelogging is considered of sufficient standard to support ageological resource.
	Whether logging is qualitative or quantitative innature. Core (or costean, channel, etc)photography.	Logging of RC Diamond and aircore records lithology,mineralogy, mineralisation, weathering, colour and otherfeatures of the samples, and is qualitative in nature.
	The total length and percentage of the relevantintersections logged	All drillholes were logged in full.

Criteria	JORC Code explanation	Commentary
Sub-samplingtechniques andsample preparation	If core, whether cut or sawn and whether quarter,half or all core taken.	The core was cut in half and sampled at intervals of between 0.5and 1.25m
	If non-core, whether riffled, tube sampled, rotarysplit, etc and whether sampled wet or dry.	Aircore samples consist of a 4 metre composite samples. RC wassampled by collecting 1 metre samples are collected via an onboard cone splitter. Samples were collected both wet and dry.
	For all sample types, the nature, quality andappropriateness of the sample preparationtechnique.	The sample preparation follows industry best practice in samplepreparation All samples are pulverised utilising Essa LM1, LM2or LM5 grinding mills determined by the size of the sample.Samples are dried, crushed as required and pulverized toproduce a homogenous representative sub-sample for analysis.A grind quality target of 85% passing 75μm has been establishedand is relative to sample size, type and hardness.
	Quality control procedures adopted for all subsampling stages to maximise representivity ofsamples.	Quality control procedures include submission of CertifiedReference Materials (CRM's), blanks and duplicate samples witheach batch of samples. Selected samples are also re-analysed toconfirm anomalous results.Grind size checks are routinely completed to ensure samplesmeet the industry standard of 85% passing through a 75µmmesh.
	Measures taken to ensure that the sampling isrepresentative of the in situ material collected,including for instance results for fieldduplicate/second-half sampling.	Field duplicates are taken at regular intervals. Samples areselected to weigh less than 3kg to ensure total preparation atthe pulverisation stage.
	Whether sample sizes are appropriate to the grainsize of the material being sampled.	Sample sizes are considered appropriate for gold mineralisation.
Quality of assay dataand laboratory tests	The nature, quality and appropriateness of theassaying and laboratory procedures used andwhether the technique is considered partial ortotal.	RC and diamond core samples are analysed for Au only using a40g or 50g Lead Collection Fire Assay with either an ICP/MS orAAS finish.4m composite samples from AC drilling are analysed for Au onlyusing a 25g aqua-regia digestion with an ICP/MS finish. Themethod gives a near total digestion of the regolith interceptedin aircore drilling and is suitable for the reconnaissance stylesampling undertaken.
		All aircore holes have a 1m end-of-hole sample is collected forall AC holes. An extensive multi-element suite (including Ag, Al,As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cu, Fe, K, La, Mg, Mn, Mo, Na,Ni, P, Pb, Sb, Sc, Sr, Te, Ti, Tl, V, W, Zn) is analysed using a fouracid digest with an ICP/OES and ICP/MS finish. Au, Pt And Pd isanalysed for using 25g or 50g Lead Collection fire assay with anICP/MS finish.
	For geophysical tools, spectrometers, handheldXRF instruments, etc, the parameters used indetermining the analysis including instrumentmake and model, reading times, calibrationsfactors applied and their derivation, etc.	No geophysical tools were used to determine any elementconcentrations used in this resource estimate.
	Nature of quality control procedures adopted (e.g.standards, blanks, duplicates, external laboratorychecks) and whether acceptable levels of accuracy(i.e. lack of bias) and precision have beenestablished.	Sample preparation checks for fineness were carried out by thelaboratory as part of their internal procedures to ensure thegrind size of 85% passing 75 micron was being attained.Laboratory QAQC involves the use of internal lab standards usingcertified reference material, blanks, splits and replicates as partof the in house procedures.
Verification ofsampling andassaying	The verification of significant intersections byeither independent or alternative companypersonnel.	The Exploration Manager of S2 has visually verified significantintersections.
	The use of twinned holes.	No twin holes have been drilled on the project to date.

Criteria	JORC Code explanation	Commentary
	Documentation of primary data, data entryprocedures, data verification, data storage(physical and electronic) protocols.	Primary data was collected using a set of standard Exceltemplates using lookup codes. The information was sent to anexternal database consultant for validation and compilation intoa Perth based SQL database.
	Discuss any adjustment to assay data.	No adjustments or calibrations were made to any assay datareported.
Location of datapoints	Accuracy and quality of surveys used to locatedrillholes (collar and down-hole surveys), trenches,mine workings and other locations used in MineralResource estimation.	Drillhole collars were surveyed by DGPS with an accuracy is +/-0.05m.All RC and Diamond holes are gyro surveyed downhole.
	Specification of the grid system used.	The grid system used at Polar Bear is GDA94 (MGA), zone 51.
	Quality and adequacy of topographic control.	A topographic surface has been created from aerial geophysicaldata. This has been calibrated with DGPS survey data.Allreconnaissance drill holes have been corrected to this surfacewhere DGPS pickup is not available.
Data spacing anddistribution	Data spacing for reporting of Exploration Results.	Data spacing is currently defined by the geological criteriaregardedappropriatetodeterminetheextentsofmineralisation.Reconnaissance AC drilling is on a nominalspacing of between 80m x 40m and 160m x 40m drill pattern.
	Whether the data spacing and distribution issufficient to establish the degree of geological andgrade continuity appropriate for the MineralResource and Ore Reserve estimation procedure(s)and classifications applied.	Drilling is currently preliminary in nature had the mineraliseddomains have not yet demonstrated sufficient continuity in bothgeological and grade continuity to support the definition ofMineral Resource and Reserves, and the classifications appliedunder the 2012 JORC Code.
	Whether sample compositing has been applied.	No compositing has been applied to the exploration results.
Orientation of datain relation togeological structure	Whether the orientation of sampling achievesunbiased sampling of possible structures and theextent to which this is known, considering thedeposit type.	The drilling is not necessarily drilled perpendicular to theorientation of the intersected mineralisation.All reportedintervals are downhole intervals and not calculated true width.This will be established with further drilling.
	If the relationship between the drilling orientationand the orientation of key mineralised structures isconsidered to have introduced a sampling bias,this should be assessed and reported if material.	The orientation of mineralisation is currently unknown and assuch no comment can be made as to any sampling bias as aresult of the orientation of mineralised structures.
Sample security	The measures taken to ensure sample security.	Chain of custody is managed by S2 Resources.Samples in calico bags are bagged directly from the splitter atthe drill rig by an S2R geotechnician.Samples are stored on site and either delivered by S2 personneldirectly to the assay laboratory in Perth, or delivered to eitherthe nominated Minanalytical depot at Kalgoorlie or CenturionTransport and delivered direct to the assay laboratory. Whilst instorage, they are kept on a locked yard.Tracking sheets have been set up to track the progress ofbatches of samples.
Audits or reviews	The results of any audits or reviews of samplingtechniques and data.	A review of the sample quality (recovery, wetness andcontamination) as recorded by the geologist on the drill rigagainst assay results has been carried out with no obvious issuesidentified.

SECTION 2 REPORTING OF EXPLORATION RESULTS

Criteria	JORC Code explanation	Commentary
Mineral tenementand land tenurestatus	Type, reference name/number, location andownership including agreements or material issueswith third parties such as joint ventures,partnerships, overriding royalties, native titleinterests, historical sites, wilderness or nationalpark and environmental settings.	The Monsoon prospect is located within Exploration LicenseE63/1142, which is located within the Polar Bear Project, 100%owned by Polar Metals Pty Ltd, a wholly owned subsidiary of S2Resources Ltd.All projects are situated within the Ngadju Native Title Claim(WC99/002).
	The security of the tenure held at the time ofreporting along with any known impediments toobtaining a licence to operate in the area.	The tenement is in good standing and no known impedimentsexist on tenement actively explored.
Exploration done byother parties	Acknowledgment and appraisal of exploration byother parties.	Gold ExplorationPlutonic Operations Limited and Homestake Gold of AustraliaLimited conducted reconnaissance AC drilling (PBAC prefix) overLake Cowan on predominantly 100 m drillhole spacing and 800m line spacing from 1997-1999. Location of these drillholescannot be verified as the collars are now mostly obscured.AC sampling was done by 4 m composites with 1 m re-splits onsamples greater than 0.1 g/t. Samples were assayed by aquaregia digest with AAS finish although this cannot be verified asthe original laboratory.
Geology	Deposit type, geological setting and style ofmineralisation.	The Polar Bear project is situated within the ArchaeanNorseman-WilunaBeltwhichlocallyincludesbasalts,komatiites, metasediments, and felsic volcanoclastics.The primary gold mineralisation is related to hydrothermalactivity during multiple deformation events. Indications are thatgold mineralisation is focused on or near to the stratigraphicboundary between the Killaloe and Buldania Formation.
Drill holeInformation	A summary of all information material to theunderstanding of the exploration results includinga tabulation of the following information for allMaterial drill holes:easting and northing of the drill holecollarelevation or RL (Reduced Level –elevation above sea level in metres) ofthe drill hole collardip and azimuth of the holedown hole length and interceptiondepthhole length.	Refer to Annexure1 in body of text.
Data aggregationmethods	In reporting Exploration Results, weightingaveraging techniques, maximum and/or minimumgrade truncations (e.g. cutting of high grades) andcut-off grades are usually Material and should bestated.	All reported assays have been length weighted. A nominal 0.2g/t Au lower cut-off is used to report AC intersections. A nominal0.5 g/t Au lower cut-off has been has been used to report RCresults.High grade results have been cut to 30 g/t Au for reporting theboard intercepts, with both the top cut and uncut interceptsreported.

Criteria	JORC Code explanation	Commentary
	Where aggregate intercepts incorporate shortlengths of high grade results and longer lengths oflow grade results, the procedure used for suchaggregation should be stated and some typicalexamples of such aggregations should be shown indetail.	High grade gold intervals internal to broader zones ofmineralisation are reported as included intervals.
	The assumptions used for any reporting of metalequivalent values should be clearly stated.	No metal equivalent values are used for reporting explorationresults.
Relationshipbetweenmineralisationwidths and interceptlengths	These relationships are particularly important inthe reporting of Exploration Results.If the geometry of the mineralisation with respectto the drill hole angle is known, its nature shouldbe reported.If it is not known and only the down hole lengthsare reported, there should be a clear statement tothis effect (e.g. 'down hole length, true width notknown').	The trend of mineralisation at Monsoon is not known at presentdue to the lack of deeper drilling and the early stage ofexploration.Refer to Annexure 1 and Figures in body of text.
Diagram	Appropriate maps and sections (with scales) andtabulations of intercepts should be included forany significant discovery being reported Theseshould include, but not be limited to a plan view ofdrill hole collar locations and appropriate sectionalviews.	Refer to Figures in body of text.
Balanced reporting	Where comprehensive reporting of all ExplorationResults is not practicable, representative reportingof both low and high grades and/or widths shouldbe practiced to avoid misleading reporting ofExploration Results.	The accompanying document is conserved to represent abalanced report with grades and/or widths reported in aconsistent manner.
Other substantiveexploration data	Other exploration data, if meaningful andmaterial, should be reported including (but notlimited to): geological observations; geophysicalsurvey results; geochemical survey results; bulksamples – size and method of treatment;metallurgical test results; bulk density,groundwater, geotechnical and rockcharacteristics; potential deleterious orcontaminating substances.	Preliminary bottle roll cyanide leach testwork has been carriedout on selected samples from SPBC0313. The testwork wascarried out by Bureau Veritas (Perth), on a nominal 500g samplewith 1000ml of cyanide solution (500 ppm CN) for 24 hours. Thewith an AAS analysis of the solution and a fire assay of theresidual solid to provide an estimate of the likely recoverablegold
Further work	The nature and scale of planned further work (e.g.tests for lateral extensions or depth extensions orlarge-scale step-out drilling).Diagrams clearly highlighting the areas of possibleextensions, including the main geologicalinterpretations and future drilling areas, providedthis information is not commercially sensitive	Further diamond drilling, angled to the east, including twinningof SPBC0313 to ascertain gold mineralisation geometry.