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S2 RESOURCES LTD Regulatory Filings 2016

May 2, 2016

65745_rns_2016-05-02_a15bcdc0-b5e7-4e64-8815-fe1169004497.pdf

Regulatory Filings

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ASX Announcement

Tuesday 3rd May 2016

HIGH GRADE GOLD HITS AT NANOOK

Highlights

  • Infill drilling confirms continuity of gold bearing gravel layer previously identified in wider spaced aircore drilling at Nanook palaeochannel
  • Discrete zone of high grade gold mineralisation identified in gravels at base of palaeochannel above variably mineralised weathered bedrock
  • In-situ high grade gold mineralisation intersected in weathered bedrock along strike from high grade gravel zone
  • 6 kilometres along strike from Monsoon and 10 kilometres from Baloo

S2 Resources Ltd ("S2" or the "Company") advises that infill aircore drilling of a gold bearing gravel layer at the Nanook palaeochannel has verified the continuity of gold mineralization previously identified in widerspaced drilling by Sirius Resources, and has also defined a coherent subzone of high grade gold in gravels at the base of this palaeochannel. In addition, drilling has intersected high grade gold mineralization in basement rocks along strike from the high grade gravel which may be the source of the gold in the channel.

An 82 hole aircore program was recently completed at the Nanook prospect with the dual aim of verifying the continuity of previous broader spaced aircore drilling results, which had defined an extensive zone of gold contained in quartz gravels at the base of a palaeochannel, and to also identify possible local bedrock sources for this gold. All drillholes and intercepts are summarized in Table 1, and selected new intersections are listed below.

Several holes intersected gold mineralization in gravels at the base of the palaeochannel, and in some cases also in the weathered bedrock immediately beneath it, as follows:

  • 16m @ 51.3 g/t Au from 44m to end of hole (EOH), including 4m @ 203 g/t Au from 48m and 1m @ 1.56 g/t Au from 59m to EOH in SPBA3817
  • 16m @ 1.63 g/t au from 40m, including 4m @ 4.69 g/t Au from 44m in SPBA3810

  • 11m @ 0.93 g/t Au from 44m to EOH in SPBA3818
  • 12m @ 1.03 g/t au from 40m to EOH in SPBA3826
  • 12m @ 0.76 g/t Au from 24m to EOH, including 4m @ 1.82 g/t Au from 28m in SPBA3827
  • 28m @ 0.81 g/t Au from 28m, including 8m @ 1.99 g/t Au from 36m in SPBA3857
  • 1m @ 1.34 g/t Au from 22m to EOH in SPBA3866

This drilling has confirmed the continuity of gold mineralization in gravels within the Nanook palaeochannel, which represents an extensive accumulation of gold. The gold is concentrated in quartz gravels at the base of a broad ancient stream valley, which runs in a northeasterly direction (see Figures 1 and 2).

Additionally, the new intersection of 16m @ 51.3g/t gold in SPBA3817 together with a previous intersection of 13m @ 23.89g/t gold in SPBA0861 some 80 metres to the northwest of it defines a discrete high grade subzone within the broader gravel layer. This subzone overlies a northwest trending quartz veined, hydrothermally altered and porphyry intruded shale-basalt contact in the bedrock. The coarseness and angularity of the high grade quartz gravel, together with the close proximity and similar orientation the mineralized bedrock suggest that this quartz gravel hosted gold is partly elluvial (ie, almost in-situ rubble), and has been derived from erosion of the immediately underlying rocks.

Another new drillhole located 120 metres further to the northwest has intersected high grade in-situ gold mineralization in weathered Archaean basement rocks outside the palaeochannel, as follows:

4m @ 50.7 g/t Au from 48m in SPBA3804

All three intersections are associated with the same northwest striking geological contact (see Figure 1), indicating that this contact is mineralized and that the gold in the palaeochannel is likely to have been derived from it.

The presence of gold mineralization in a similar geological setting (ie, a sheared shale-basalt contact) along strike from Baloo and Monsoon suggests that this is a potentially important mineralized trend.

A reverse circulation (RC) drill program, co-funded by the Government of Western Australia under the Exploration Incentive Scheme (EIS) will investigate the potential source of gold in the palaeochannel. RC drilling is scheduled to commence in mid-May.

For further information, please contact:

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

Figure 1. Plan of gold mineralization within basal gravels of palaeochannel and underlying bedrock at Nanook.

Figure 2. Schematic cross section showing gold mineralization within basal gravels of the Nanook palaeochannel and in weathered altered and quartz veined Archaean bedrock beneath it.

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 3. Plan showing new and previous key drill intercepts on the Baloo-Monsoon-Nanook trend.

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 Total North East RL Dip Azim From, To, Width, Au, Comment
Depth m m m ppm
SPBA0347 BINDY 56 6469504 397000 265 -90 360 NSI
SPBA0348 BINDY 41 6469505 397037 265 -90 360 NSI
SPBA0349 BINDY 36 6469503 397078 265 -90 360 NSI
SPBA0350 BINDY 43 6469503 397120 265 -90 360 NSI
SPBA0351 BINDY 50 6469507 397157 265 -90 360 NSI
SPBA0352 BINDY 57 6469505 397201 265 -90 360 NSI
SPBA0353 BINDY 57 6469502 397241 265 -90 360 NSI
SPBA0354 BINDY 47 6469502 397279 265 -90 360 NSI
SPBA0355 BINDY 42 6469501 397320 265 -90 360 NSI
SPBA0356 BINDY 51 6469900 397005 265 -90 360 NSI
SPBA0357 BINDY 55 6469900 396960 265 -90 360 36 40 4 0.55
SPBA0358 BINDY 60 6469903 396919 265 -90 360 NSI
SPBA0359 BINDY 54 6469901 396880 265 -90 360 NSI
SPBA0360 BINDY 38 6469900 396840 265 -90 360 NSI
SPBA0361 BINDY 25 6469902 396803 265 -90 360 NSI
SPBA0362 BINDY 24 6469903 396759 265 -90 360 NSI
SPBA0363 BINDY 13 6469903 396720 265 -90 360 NSI
SPBA0364 BINDY 23 6469903 396684 265 -90 360 NSI
SPBA0365 BINDY 37 6469901 396639 265 -90 360 NSI
SPBA0366 BINDY 47 6469900 396600 265 -90 360 44 46 2 0.28
SPBA0367 BINDY 49 6469899 396562 265 -90 360 NSI
SPBA0368 BINDY 43 6469900 396520 265 -90 360 36 42 6 0.23
SPBA0369 BINDY 50 6469900 396480 265 -90 360 32 49 17 0.38
INCLUDING 40 44 4 1.05
SPBA0370 BINDY 51 6469900 396440 265 -90 360 36 44 8 3.96
INCLUDINGAND 4050 4451 41 7.620.66 Bottom of Hole
SPBA0371 BINDY 51 6469900 396400 265 -90 360 36 44 8 0.34
SPBA0372 BINDY 26 6469899 396363 265 -90 360 NSI
SPBA0373 BINDY 53 6469900 396320 265 -90 360 40 44 4 0.22
SPBA0374 BINDY 58 6469899 396281 265 -90 360 NSI
SPBA0375 BINDY 54 6469900 396240 265 -90 360 40 48 8 0.13
SPBA0376 BINDY 64 6469900 396200 265 -90 360 16 20 4 0.31
AND 28 32 4 0.18
AND 52 56 4 0.66
SPBA0377 BINDY 43 6469898 396161 265 -90 360 NSI
SPBA0378 BINDY 50 6469900 396120 265 -90 360 28 36 8 1.12
INCLUDING 32 36 4 2.07
SPBA0379 BINDY 46 6469900 396080 265 -90 360 NSI
SPBA0380 BINDY 46 6469900 396040 265 -90 360 4 8 4 0.17
SPBA0381 BINDY 58 6469900 396000 265 -90 360 44 48 4 0.16
SPBA0382 BINDY 50 6469900 395960 265 -90 360 32 40 8 0.19
SPBA0383 BINDY 47 6469900 395925 265 -90 360 NSI
SPBA0384 BINDY 55 6469900 395880 265 -90 360 12 16 4 0.11
SPBA0385 BINDY 66 6469900 395840 265 -90 360 8 12 4 0.11
SPBA0386 BINDY 60 6469903 395801 265 -90 360 NSI
SPBA0387 BINDY 55 6469900 395760 265 -90 360 40 44 4 0.19
SPBA0388 BINDY 46 6469900 395720 265 -90 360 8 12 4 0.13

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
AND 36 40 4 0.41
SPBA0389 BINDY 37 6469902 395681 265 -90 360 NSI
SPBA0390 BINDY 30 6469900 395640 265 -90 360 29 30 1 0.16 Bottom of Hole
SPBA0391 BINDY 40 6469900 395600 265 -90 360 32 36 4 0.19
SPBA0392 BINDY 40 6470303 395280 265 -90 360 NSI
SPBA0393 BINDY 64 6470301 395320 265 -90 360 NSI
SPBA0394 BINDY 72 6470300 395360 265 -90 360 16 20 4 0.10
SPBA0395 BINDY 8 6470300 395399 265 -90 360 NSI
SPBA0396 BINDY 70 6470300 395440 265 -90 360 12 24 12 0.15
SPBA0397 BINDY 64 6470300 395480 265 -90 360 28 32 4 0.21
AND 63 64 1 0.11 Bottom of Hole
SPBA0398 BINDY 49 6470300 395520 265 -90 360 28 40 12 0.22
AND 44 48 4 0.11
SPBA0399 BINDY 22 6470303 395559 265 -90 360 NSI
SPBA0400 BINDY 11 6470302 395601 265 -90 360 NSI
SPBA0401 BINDY 7 6470300 395640 265 -90 360 6 7 1 0.22 Bottom of Hole
SPBA0402 BINDY 6 6470300 395680 265 -90 360 5 6 1 0.17 Bottom of Hole
SPBA0403 BINDY 5 6470302 395721 265 -90 360 NSI
SPBA0404 BINDY 13 6470300 395760 265 -90 360 12 13 1 0.17 Bottom of Hole
SPBA0405 BINDY 19 6470300 395800 265 -90 360 18 19 1 0.20 Bottom of Hole
SPBA0406 BINDY 8 6470300 395840 265 -90 360 7 8 1 0.49 Bottom of Hole
SPBA0407 BINDY 17 6470303 395881 265 -90 360 NSI
SPBA0408 BINDY 16 6470304 395914 265 -90 360 NSI
SPBA0409 BINDY 25 6470300 395960 265 -90 360 16 20 4 0.33
SPBA0410 BINDY 14 6470300 396000 265 -90 360 4 14 10 0.26 Bottom of Hole
SPBA0411 BINDY 16 6470300 396040 265 -90 360 0 8 8 0.12
SPBA0412 BINDY 9 6470300 396080 265 -90 360 4 9 5 0.28 Bottom of Hole
SPBA0413 BINDY 17 6470299 396121 265 -90 360 NSI
SPBA0414 BINDY 34 6470300 396160 265 -90 360 33 34 1 0.11 Bottom of Hole
SPBA0415 BINDY 48 6470300 396200 265 -90 360 NSI
SPBA0416 BINDY 49 6470302 396242 265 -90 360 NSI
SPBA0417 BINDY 52 6470300 396280 265 -90 360 36 40 4 0.13
SPBA0418 BINDY 57 6470302 396321 265 -90 360 NSI
SPBA0419 BINDY 57 6470300 396360 265 -90 360 36 44 8 0.26
SPBA0420 BINDY 55 6470300 396400 265 -90 360 32 48 16 0.44
AND 52 54 2 0.13
SPBA0421 BINDY 51 6470300 396440 265 -90 360 36 51 15 0.63 Bottom of Hole
INCLUDING 40 44 4 1.65
SPBA0422 BINDY 58 6470300 396480 265 -90 360 40 44 4 0.10
SPBA0423 BINDY 44 6470298 396520 265 -90 360 NSI
SPBA0424 BINDY 45 6470300 396561 265 -90 360 NSI
SPBA0425 BINDY 52 6470298 396602 265 -90 360 NSI
SPBA0426 BINDY 50 6470302 396642 265 -90 360 NSI
SPBA0427 BINDY 54 6470298 396677 265 -90 360 NSI
SPBA0428 BINDY 54 6470300 396680 265 -90 360 32 48 16 0.42
SPBA0429 BINDY 51 6470700 396360 265 -90 360 36 48 12 0.26
AND 55 56 1 0.15 Bottom of Hole
SPBA0430 BINDY 17 6470698 396282 265 -90 360 NSI
SPBA0431 BINDY 56 6470704 396241 265 -90 360 NSI
SPBA0432 BINDY 56 6470702 396201 265 -90 360 NSI
SPBA0433 BINDY 63 6470700 396160 265 -90 360 48 56 8 1.05
AND 60 62 2 0.69
SPBA0434 BINDY 73 6470700 396120 265 -90 360 44 52 8 0.50

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0435 BINDY 68 6470700 396080 265 -90 360 44 52 8 0.33
SPBA0436 BINDY 51 6470700 396040 265 -90 360 40 50 10 0.15
SPBA0437 BINDY 45 6470697 395997 265 -90 360 NSI
SPBA0438 BINDY 47 6470703 395962 265 -90 360 NSI
SPBA0439 BINDY 50 6470703 395922 265 -90 360 NSI
SPBA0440 BINDY 57 6470700 395880 265 -90 360 40 48 8 0.87
INCLUDING 44 48 4 1.54
SPBA0441 BINDY 71 6470700 395840 265 -90 360 44 48 4 0.16
SPBA0442 BINDY 68 6470702 395801 265 -90 360 NSI
SPBA0443 BINDY 55 6470700 395760 265 -90 360 40 44 4 0.30
SPBA0444 BINDY 58 6470700 395720 265 -90 360 28 32 4 0.18
SPBA0445 BINDY 46 6470700 395680 265 -90 360 20 24 4 0.11
SPBA0446 BINDY 36 6470700 395640 265 -90 360 28 32 4 0.13
SPBA0447 NANOOK 37 6470702 395610 265 -90 360 NSI
SPBA0448 NANOOK 43 6470700 395560 265 -90 360 40 43 3 0.21 Bottom of Hole
SPBA0449 NANOOK 46 6470700 395520 265 -90 360 8 12 4 0.18
SPBA0450 NANOOK 51 6470701 395484 265 -90 360 NSI
SPBA0451 NANOOK 60 6470702 395443 265 -90 360 NSI
SPBA0452 NANOOK 64 6470702 395402 265 -90 360 NSI
SPBA0453 NANOOK 51 6470702 395361 265 -90 360 NSI
SPBA0454 NANOOK 51 6470700 395320 265 -90 360 32 36 4 0.24
SPBA0455 NANOOK 61 6470700 395280 265 -90 360 36 40 4 0.11
SPBA0456 NANOOK 64 6470700 395240 265 -90 360 40 44 4 0.12
SPBA0457 NANOOK 64 6470700 395200 265 -90 360 44 48 4 0.18
SPBA0458 NANOOK 61 6470701 395159 265 -90 360 NSI
SPBA0459 NANOOK 70 6470700 395120 265 -90 360 48 56 8 0.25
SPBA0460 NANOOK 78 6470700 395080 265 -90 360 44 52 8 0.25
SPBA0461 NANOOK 63 6470700 395040 265 -90 360 44 52 8 0.34
AND 56 60 4 0.11
SPBA0462 NANOOK 72 6470700 395000 265 -90 360 48 64 16 0.25
INCLUDING 48 52 4 0.58
AND 71 72 1 0.14 Bottom of Hole
SPBA0463 NANOOK 72 6470700 394960 265 -90 360 48 52 4 0.20
SPBA0464 NANOOK 265 -90 360 36 42 6 2.71
INCLUDING 40 42 2 3.45 Bottom of Hole
SPBA0465 NANOOK 78 6471104 395082 265 -90 360 48 52 4 0.39
SPBA0466 NANOOK 68 6471105 395122 265 -90 360 48 52 4 0.25
SPBA0467 NANOOK 62 6471106 395163 265 -90 360 44 61 17 0.62
INCLUDING 44 48 4 1.89
SPBA0468 NANOOK 67 6471105 395199 265 -90 360 40 44 4 0.12
AND 48 56 8 0.26
SPBA0469 NANOOK 58 6471102 395239 265 -90 360 44 52 8 0.54
SPBA0470 NANOOK 64 6471103INCLUDING 395279 265 -90 360 4444 6348 194 0.873.64
SPBA0471 NANOOK 70 6471103 395321 265 -90 360 44 52 8 0.70
INCLUDING 48 52 4 1.10
AND 56 60 4 0.10
SPBA0472 NANOOK 72 6471100 395363 265 -90 360 NSI
SPBA0473 NANOOK 66 6471103 395400 265 -90 360 44 52 8 0.20
SPBA0474 NANOOK 66 6471101 395443 265 -90 360 36 52 16 0.40
SPBA0475 NANOOK 63 6471101 395479 265 -90 360 36 52 16 0.52
INCLUDING 40 44 4 1.14
SPBA0476 NANOOK 56 6471103 395514 265 -90 360 40 55 15 0.99

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
INCLUDING 44 48 4 2.62
SPBA0477 NANOOK 54 6471101 395559 265 -90 360 40 52 12 0.16
SPBA0478 NANOOK 64 6471101 395600 265 -90 360 NSI
SPBA0479 NANOOK 69 6471101 395639 265 -90 360 40 44 4 0.23
SPBA0480 NANOOK 71 6471103 395680 265 -90 360 44 48 4 0.44
AND 70 71 1 0.10 Bottom of Hole
SPBA0481 NANOOK 65 6471102 395720 265 -90 360 44 52 8 0.23
SPBA0482 NANOOK 54 6471102 395761 265 -90 360 44 52 8 0.16
SPBA0483 NANOOK 54 6471105 395802 265 -90 360 NSI
SPBA0484 NANOOK 54 6471104 395841 265 -90 360 40 54 14 0.43 Bottom of Hole
SPBA0485 NANOOK 54 6471102 395881 265 -90 360 48 52 4 0.41
SPBA0486 NANOOK 60 6471102 395922 265 -90 360 48 56 8 0.27
SPBA0487 NANOOK 62 6471100 395964 265 -90 360 NSI
SPBA0488 NANOOK 61 6471099 396000 265 -90 360 NSI
SPBA0489 NANOOK 52 6471102 396038 265 -90 360 NSI
SPBA0490 NANOOK 56 6471499 395681 265 -90 360 48 55 7 0.80
INCLUDING 52 55 3 1.50
SPBA0491 NANOOK 59 6471498 395641 265 -90 360 48 59 11 0.74 Bottom of Hole
INCLUDING 52 56 4 1.90
SPBA0492 NANOOK 60 6471500 395601 265 -90 360 44 60 16 0.97 Bottom of Hole
INCLUDING 48 56 8 2.07
SPBA0493 NANOOK 63 6471503 395561 265 -90 360 44 60 16 1.00
INCLUDING 48 56 8 1.73
SPBA0494 NANOOK 59 6471504 395521 265 -90 360 48 56 8 0.21
AND 58 59 1 0.10 Bottom of Hole
SPBA0551 BINDY 44 6470699 396756 265 -90 360 NSI
SPBA0552 BINDY 45 6470698 396718 265 -90 360 NSI
SPBA0553 BINDY 44 6470697 396675 265 -90 360 NSI
SPBA0554 BINDY 51 6470700 396635 265 -90 360 NSI
SPBA0555 BINDY 54 6470700 396597 265 -90 360 NSI
SPBA0556 BINDY 48 6470702 396558 265 -90 360 NSI
SPBA0557 BINDY 50 6470701 396520 265 -90 360 NSI
SPBA0558 BINDY 53 6470698 396475 265 -90 360 NSI
SPBA0559 BINDY 50 6470699 396436 265 -90 360 40 48 8 0.21
SPBA0560 BINDY 59 6470701 396400 265 -90 360 36 48 12 0.19
SPBA0561 NANOOK 60 6471499 395717 265 -90 360 52 56 4 0.32
AND 59 60 1 0.21 Bottom of Hole
SPBA0562 NANOOK 52 6471494 395760 265 -90 360 48 52 4 0.16 Bottom of Hole
SPBA0563 NANOOK 54 6471503 395805 265 -90 360 NSI
SPBA0564 NANOOK 51 6471502 395844 265 -90 360 NSI
SPBA0565 NANOOK 37 6471502 395884 265 -90 360 NSI
SPBA0566 NANOOK 39 6471501 395922 265 -90 360 28 32 4 0.24
SPBA0567 NANOOK 40 6471500 395962 265 -90 360 NSI
SPBA0568 NANOOK 52 6471499 396000 265 -90 360 NSI
SPBA0569 NANOOK 57 6471499 396041 265 -90 360 NSI
SPBA0570 NANOOK 71 6471497 396079 265 -90 360 NSI
SPBA0571 NANOOK 73 6471495 396121 265 -90 360 NSI
SPBA0572 NANOOK 63 6471495 396162 265 -90 360 NSI
SPBA0573 NANOOK 65 6471496 396202 265 -90 360 NSI
SPBA0574 NANOOK 59 6471499 396241 265 -90 360 NSI
SPBA0575 NANOOK 60 6471496 396282 265 -90 360 NSI
SPBA0576 NANOOK 66 6471497 396323 265 -90 360 NSI
SPBA0577 NANOOK 42 6471498 396358 265 -90 360 NSI

SPBA0578NANOOK336471500396394265-90360NSISPBA0579NANOOK206471499396438265-90360NSISPBA0580NANOOK166471500396477265-90360NSISPBA0581NANOOK226471498396518265-90360NSISPBA0582NANOOK266471501396558265-90360NSISPBA0583NANOOK326471499396592265-90360NSISPBA0584NANOOK276471499396637265-90360NSISPBA0585NANOOK426471498396677265-90360NSISPBA0586NANOOK426471501396717265-90360NSISPBA0587NANOOK486471500396759265-90360NSISPBA0588NANOOK636471101395003265-90360NSISPBA0589NANOOK606471101394959265-90360NSISPBA0590NANOOK526471100394921265-90360283240.26SPBA0591NANOOK426471102394883265-90360NSISPBA0592NANOOK426471103394840265-90360NSISPBA0593NANOOK576471106394801265-90360242840.12AND3244120.85INCLUDING364042.41SPBA0594NANOOK586471106394760265-90360243280.41AND4052120.65INCLUDING404441.16AND575810.37Bottom of HoleSPBA0595NANOOK486471107394720265-903602840120.39INCLUDING283240.50SPBA0596NANOOK366471105394680265-90360242840.33SPBA0597NANOOK306471104394640265-90360NSISPBA0598NANOOK386471104394599265-90360NSISPBA0599NANOOK306471104394561265-90360NSISPBA0600NANOOK236471104394519265-90360222310.16Bottom of HoleSPBA0601NANOOK296471104394480265-90360121640.14SPBA0602NANOOK306471105394439265-90360121640.66AND293010.13Bottom of HoleSPBA0603NANOOK496471103394401265-90360NSISPBA0604NANOOK276471105394359265-90360NSISPBA0605NANOOK136471106394322265-90360NSISPBA0606NANOOK246471106394282265-90360NSISPBA0607NANOOK276471106394241265-90360NSISPBA0608NANOOK296471107394204265-90360NSISPBA0609NANOOK56471106394164265-90360NSISPBA0610NANOOK136471107394122265-90360NSISPBA0611NANOOK646470702394920265-90360444840.14SPBA0612NANOOK606470703394878265-90360444840.30SPBA0613NANOOK596470701394838265-90360404440.80SPBA0614NANOOK756470702394800265-90360404440.60SPBA0615NANOOK606470701394758265-90360NSISPBA0616NANOOK636470698394720265-90360NSISPBA0617NANOOK536470701394679265-90360NSISPBA0618NANOOK736470699394641265-90360NSISPBA0619NANOOK616470702394601265-90360NSISPBA0620NANOOK456470702394562265-90360NSISPBA0621NANOOK416470702394520265-90360NSISPBA0622NANOOK426470701394479265-90360NSISPBA0623NANOOK336470702394440265-90360NSI Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0624 NANOOK 25 6470703 394399 265 -90 360 NSI

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0625 NANOOK 24 6470703 394361 265 -90 360 NSI
SPBA0626 NANOOK 21 6470703 394319 265 -90 360 16 20 4 0.12
SPBA0627 NANOOK 49 6471899 395480 265 -90 360 32 36 4 0.13
SPBA0628 NANOOK 57 6471902 395517 265 -90 360 NSI
SPBA0629 NANOOK 62 6471901 395560 265 -90 360 NSI
SPBA0630 NANOOK 57 6471898 395604 265 -90 360 NSI
SPBA0631 NANOOK 53 6471898 395641 265 -90 360 28 32 4 0.37
SPBA0632 NANOOK 63 6471899 395683 265 -90 360 28 32 4 0.17
SPBA0633 NANOOK 68 6471903 395724 265 -90 360 28 32 4 0.45
SPBA0634 NANOOK 50 6471903 395764 265 -90 360 36 40 4 0.10
SPBA0635 NANOOK 68 6471903 395801 265 -90 360 44 52 8 0.50
INCLUDING 48 52 4 0.65
SPBA0636 NANOOK 58 6471904 395844 265 -90 360 NSI
SPBA0637 NANOOK 69 6471902 395880 265 -90 360 48 64 16 0.68
INCLUDING 52 60 8 1.05
SPBA0638 NANOOK 63 6471904 395922 265 -90 360 48 63 15 0.62 Bottom of Hole
INCLUDING 52 60 8 0.99
SPBA0639 NANOOK 61 6471901 395960 265 -90 360 52 61 9 0.53 Bottom of Hole
INCLUDING 52 56 4 0.68
SPBA0640 NANOOK 64 6471900 396002 265 -90 360 52 60 8 0.34
INCLUDING 52 56 4 0.53
AND 63 64 1 0.35 Bottom of Hole
SPBA0641 NANOOK 69 6471897 396040 265 -90 360 60 69 9 0.11
SPBA0642 NANOOK 64 6471903 396081 265 -90 360 NSI
SPBA0643 NANOOK 57 6471902 396121 265 -90 360 NSI
SPBA0644 NANOOK 57 6471903 396161 265 -90 360 NSI
SPBA0645 NANOOK 59 6471903 396200 265 -90 360 NSI
SPBA0646 NANOOK 51 6471901 396239 265 -90 360 NSI
SPBA0647 NANOOK 60 6471901 396280 265 -90 360 NSI
SPBA0648 NANOOK 45 6471902 396321 265 -90 360 NSI
SPBA0649 NANOOK 39 6471901 396360 265 -90 360 NSI
SPBA0650 NANOOK 45 6471900 396403 265 -90 360 NSI
SPBA0651 NANOOK 53 6471902 396442 265 -90 360 NSI
SPBA0652 NANOOK 49 6471901 396482 265 -90 360 NSI
SPBA0653 NANOOK 44 6471900 395440 265 -90 360 32 36 4 0.11
SPBA0654 NANOOK 36 6471902 395401 265 -90 360 28 32 4 0.11
SPBA0655 NANOOK 31 6471902 395362 265 -90 360 NSI
SPBA0656 NANOOK 19 6471904 395322 265 -90 360 16 18 2 0.11
SPBA0657SPBA0658 NANOOKNANOOK 2539 64719036471905 395281395239 265265 -90-90 360360 NSINSI
SPBA0659 NANOOK 42 6471904 395198 265 -90 360 NSI
SPBA0660 NANOOK 42 6471905 395158 265 -90 360 NSI
SPBA0661 NANOOK 42 6471906 395119 265 -90 360 NSI
SPBA0662 NANOOK 43 6471904 395077 265 -90 360 24 32 8 1.15
INCLUDING 24 28 4 1.66
SPBA0663 NANOOK 25 6471903 395037 265 -90 360 NSI
SPBA0664 NANOOK 56 6471902 394983 265 -90 360 48 52 4 0.30
SPBA0665 NANOOK 60 6471499 395481 265 -90 360 44 60 16 0.29 Bottom of Hole
INCLUDING 48 52 4 0.58
SPBA0666 NANOOK 57 6471499 395440 265 -90 360 44 48 4 0.12
SPBA0667 NANOOK 47 6471498 395402 265 -90 360 NSI
SPBA0668 NANOOK 60 6471498 395362 265 -90 360 NSI
SPBA0669 NANOOK 63 6471501 395322 265 -90 360 40 44 4 0.12

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0670 NANOOK 51 6471502 395283 265 -90 360 36 40 4 0.12
SPBA0671 NANOOK 51 6471502 395239 265 -90 360 32 36 4 0.31
SPBA0672 NANOOK 54 6471502 395202 265 -90 360 20 24 4 0.26
SPBA0673 NANOOK 48 6471502 395161 265 -90 360 24 28 4 0.26
SPBA0674 NANOOK 43 6471503 395120 265 -90 360 NSI
SPBA0675 NANOOK 50 6471504 395081 265 -90 360 NSI
SPBA0676 NANOOK 54 6471503 395041 265 -90 360 NSI
SPBA0677 NANOOK 55 6471504 395004 265 -90 360 NSI
SPBA0678 NANOOK 34 6471505 394963 265 -90 360 NSI
SPBA0679 NANOOK 26 6471504 394923 265 -90 360 NSI
SPBA0680 NANOOK 53 6472298 396997 265 -90 360 NSI
SPBA0681 NANOOK 58 6472299 396961 265 -90 360 NSI
SPBA0682 NANOOK 60 6472301 396920 265 -90 360 NSI
SPBA0683 NANOOK 60 6472303 396879 265 -90 360 NSI
SPBA0684 NANOOK 58 6472300 396840 265 -90 360 NSI
SPBA0685 NANOOK 55 6472301 396797 265 -90 360 NSI
SPBA0686 NANOOK 55 6472302 396761 265 -90 360 NSI
SPBA0687 NANOOK 50 6472301 396722 265 -90 360 NSI
SPBA0688 NANOOK 49 6472303 396681 265 -90 360 NSI
SPBA0689 NANOOK 45 6472302 396640 265 -90 360 NSI
SPBA0690 NANOOK 45 6472306 396602 265 -90 360 NSI
SPBA0691 NANOOK 48 6472303 396560 265 -90 360 NSI
SPBA0692 NANOOK 42 6472304 396521 265 -90 360 NSI
SPBA0693 NANOOK 42 6472302 396480 265 -90 360 NSI
SPBA0694 NANOOK 55 6472300 396439 265 -90 360 NSI
SPBA0695 NANOOK 57 6472301 396402 265 -90 360 NSI
SPBA0696 NANOOK 67 6472302 396359 265 -90 360 NSI
SPBA0697 NANOOK 65 6472300 396320 265 -90 360 NSI
SPBA0698 NANOOK 67 6472301 396281 265 -90 360 NSI
SPBA0699 NANOOK 78 6472299 396242 265 -90 360 NSI
SPBA0700 NANOOK 87 6472300 396202 265 -90 360 NSI
SPBA0701 NANOOK 72 6472300 396158 265 -90 360 NSI
SPBA0702 NANOOK 65 6472298 396119 265 -90 360 NSI
SPBA0703 NANOOK 72 6472300 396079 265 -90 360 44 64 20 0.39
INCLUDING 52 56 4 0.63
INCLUDING 60 64 4 0.50
SPBA0704 NANOOK 63 6472301 396038 265 -90 360 52 60 8 0.81
SPBA0705 NANOOK 62 6472299 396000 265 -90 360 56 62 6 0.43 Bottom of Hole
INCLUDING 61 62 1 0.71 Bottom of Hole
SPBA0706 NANOOK 57 6472299 395960 265 -90 360 52 56 4 0.16
SPBA0707 NANOOK 54 6472303 395923 265 -90 360 NSI
SPBA0708 NANOOK 53 6472302 395882 265 -90 360 32 36 4 0.29
SPBA0709 NANOOK 49 6472302 395839 265 -90 360 20 24 4 0.73
SPBA0710 NANOOK 63 6472302 395802 265 -90 360 16 20 4 0.23
SPBA0711 NANOOK 42 6472302 395761 265 -90 360 NSI
SPBA0712 NANOOK 59 6472302 395721 265 -90 360 16 20 4 0.28
SPBA0713 NANOOK 54 6472304 395679 265 -90 360 20 24 4 0.18
SPBA0714 NANOOK 48 6472300 395639 265 -90 360 NSI
SPBA0715 NANOOK 54 6472297 395598 265 -90 360 36 40 4 0.58
SPBA0716 NANOOK 63 6472298 395559 265 -90 360 NSI
SPBA0717 NANOOK 66 6472295 395520 265 -90 360 NSI
SPBA0807 NANOOK 30 6470898 394120 265 -90 360 NSI
SPBA0808 NANOOK 20 6470898 394161 265 -90 360 NSI

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0809 NANOOK 27 6470898 394201 265 -90 360 NSI
SPBA0810 NANOOK 30 6470899 394241 265 -90 360 NSI
SPBA0811 NANOOK 40 6470899 394281 265 -90 360 NSI
SPBA0812 NANOOK 43 6470900 394323 265 -90 360 12 20 8 0.28
AND 36 40 4 0.30
SPBA0813 NANOOK 43 6470900 394364 265 -90 360 NSI
SPBA0814 NANOOK 41 6470899 394401 265 -90 360 36 40 4 0.25
SPBA0815 NANOOK 42 6470900 394441 265 -90 360 NSI
SPBA0816 NANOOK 41 6470903 394482 265 -90 360 NSI
SPBA0817 NANOOK 40 6470904 394522 265 -90 360 36 40 4 0.16 Bottom of Hole
SPBA0818 NANOOK 39 6470902 394557 265 -90 360 NSI
SPBA0819 NANOOK 60 6470902 394596 265 -90 360 NSI
SPBA0820 NANOOK 45 6470903 394635 265 -90 360 NSI
SPBA0821 NANOOK 54 6470905 394675 265 -90 360 12 16 4 0.11
SPBA0822 NANOOK 84 6470900 394717 265 -90 360 20 28 8 0.12
SPBA0823 NANOOK 53 AND6470899 394757 265 -90 360 40 44 4 0.14NSI
SPBA0824 NANOOK 79 6470901 394804 265 -90 360 64 68 4 0.12
AND 72 79 7 0.50 Bottom of Hole
INCLUDING 76 78 2 1.24
SPBA0825 NANOOK 74 6470902 394842 265 -90 360 56 68 12 0.24
AND 73 74 1 0.34 Bottom of Hole
SPBA0826 NANOOK 50 6470902 394877 265 -90 360 40 50 10 0.56 Bottom of Hole
INCLUDING 44 48 4 0.76
INCLUDING 49 50 1 0.72 Bottom of Hole
SPBA0827 NANOOK 66 6470897 394919 265 -90 360 44 60 16 0.37
INCLUDING 44 48 4 0.98
SPBA0828 NANOOK 65 6470903 394961 265 -90 360 48 56 8 0.37
AND 60 65 5 0.16 Bottom of Hole
SPBA0829 NANOOK 66 6470904 395001 265 -90 360 48 52 4 0.19
SPBA0830 NANOOK 70 6470904 395042 265 -90 360 48 52 4 0.23
SPBA0831 NANOOK 59 6470905 395080 265 -90 360 48 56 8 0.32
AND 58 59 1 0.12 Bottom of Hole
SPBA0832 NANOOK 73 6470904AND 395119 265 -90 360 4860 5264 44 0.590.14
SPBA0833 NANOOK 73 6470906 395155 265 -90 360 48 60 12 0.64
INCLUDING 48 52 4 1.71
SPBA0834 NANOOK 67 6470902 395199 265 -90 360 44 52 8 0.31
SPBA0835 NANOOK 72 6470900 395241 265 -90 360 44 48 4 0.58
SPBA0836 NANOOK 76 6470900 395282 265 -90 360 44 52 8 0.45
INCLUDING 44 48 4 0.57
SPBA0837 NANOOK 84 6470900 395322 265 -90 360 44 64 20 0.59
INCLUDING 44 48 4 1.84
INCLUDING 60 64 4 0.68
SPBA0838 NANOOK 84 6470898 395361 265 -90 360 40 60 20 0.80
INCLUDING 40 44 4 0.83
INCLUDING 44 48 4 2.56
AND 64 80 16 0.16
SPBA0839 NANOOK 82 6470898 395400 265 -90 360 40 48 8 0.29
SPBA0840 NANOOK 81 6470901AND 395438 265 -90 360 4056 4464 48 1.750.22
SPBA0841 NANOOK 73 6470899 395480 265 -90 360 56 60 4 0.18
SPBA0842 NANOOK 68 6470898 395521 265 -90 360 28 32 4 0.14
AND 60 64 4 0.10

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0843 NANOOK 66 6470897 395562 265 -90 360 16 24 8 0.33
AND 56 66 10 0.51 Bottom of Hole
SPBA0844 NANOOK 51 6470898 395600 265 -90 360 24 32 8 0.30
AND 44 50 6 0.14 Bottom of Hole
SPBA0845SPBA0846 NANOOKNANOOK 4341 64708986471297 395644395881 265265 -90-90 360360 24 32 8 0.47NSI
SPBA0847 NANOOK 42 6471300 395839 265 -90 360 NSI
SPBA0848 NANOOK 51 6471301 395799 265 -90 360 NSI
SPBA0849 NANOOK 52 6471301 395760 265 -90 360 NSI
SPBA0850 NANOOK 53 6471300 395716 265 -90 360 48 53 5 0.27 Bottom of Hole
SPBA0851 NANOOK 58 6471300 395678 265 -90 360 48 56 8 0.91
SPBA0852 NANOOK 52 6471301 395638 265 -90 360 NSI
SPBA0853 NANOOK 53 6471299 395595 265 -90 360 48 53 5 0.13 Bottom of Hole
SPBA0854 NANOOK 61 6471297 395556 265 -90 360 48 56 8 0.45
SPBA0855 NANOOK 59 6471297 395519 265 -90 360 48 56 8 0.61
SPBA0856 NANOOK 62 6471297 395477 265 -90 360 44 62 18 0.52 Bottom of Hole
SPBA0857 NANOOK 63 6471296 395439 265 -90 360 48 52 4 0.60
SPBA0858 NANOOK 60 6471297 395400 265 -90 360 44 59 15 0.58
SPBA0859 NANOOK 60 6471300 395360 265 -90 360 44 52 8 1.22
SPBA0860 NANOOK 62 6471298 395322 265 -90 360 44 62 18 1.46 Bottom of Hole
INCLUDING 44 52 8 2.85
SPBA0861 NANOOK 57 6471299 395281 265 -90 360 44 57 13 23.89 Bottom of Hole
INCLUDING 44 48 4 74.70
SPBA0862 NANOOK 65 6471298 395240 265 -90 360 44 56 12 1.00
INCLUDING 44 48 4 2.03
SPBA0863 NANOOK 66 6471295 395198 265 -90 360 48 52 4 0.33
SPBA0864 NANOOK 47 6471296 395159 265 -90 360 NSI
SPBA0865 NANOOK 76 6471296 395118 265 -90 360 56 64 8 0.32
INCLUDING 56 60 4 0.54
SPBA0866 NANOOK 72 6471299 395079 265 -90 360 NSI
SPBA0867 NANOOK 66 6471300 395039 265 -90 360 NSI
SPBA0868 NANOOK 46 6471299 395001 265 -90 360 NSI
SPBA0869 NANOOK 59 6471300 394960 265 -90 360 NSI
SPBA0870 NANOOK 41 6471299 394921 265 -90 360 NSI
SPBA0871 NANOOK 29 6471299 394881 265 -90 360 NSI
SPBA0872 NANOOK 27 6471300 394840 265 -90 360 NSI
SPBA0873 NANOOK 30 6471299 394801 265 -90 360 NSI
SPBA0874 NANOOK 22 6471300 394761 265 -90 360 20 21 1 0.53
SPBA0875 NANOOK 19 6471299 394720 265 -90 360 NSI
SPBA0876 NANOOK 18 6471300 394679 265 -90 360 NSI
SPBA0877 NANOOK 4 6471299 394641 265 -90 360 NSI
SPBA0878 NANOOK 4 6471299 394602 265 -90 360 NSI
SPBA0879 NANOOK 4 6471302 394560 265 -90 360 NSI
SPBA0880 NANOOK 15 6471301 394521 265 -90 360 NSI
SPBA0881 NANOOK 15 6471303 394483 265 -90 360 4 8 4 0.15
SPBA0882 NANOOK 21 6471303 394440 265 -90 360 NSI
SPBA0883 NANOOK 19 6471502 394879 265 -90 360 NSI
SPBA0884 NANOOK 7 6471504 394839 265 -90 360 NSI
SPBA0885 NANOOK 6 6471503 394799 265 -90 360 NSI
SPBA0886SPBA0887 NANOOKNANOOK 1718 64715046471503 394759394717 265265 -90-90 360360 NSINSI
SPBA0888 NANOOK 11 6471502 394681 265 -90 360 NSI

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA0889 NANOOK 5 6471502 394639 265 -90 360 NSI
SPBA0890 NANOOK 18 6471503 394599 265 -90 360 NSI
SPBA0891 NANOOK 19 6471504 394557 265 -90 360 8 16 8 0.21
SPBA0892 NANOOK 4 6471504 394517 265 -90 360 NSI
SPBA0893 NANOOK 7 6471504 394479 265 -90 360 NSI
SPBA0894 NANOOK 4 6471699 394640 265 -90 360 NSI
SPBA0895 NANOOK 4 6471699 394677 265 -90 360 NSI
SPBA0896 NANOOK 11 6471700 394717 265 -90 360 NSI
SPBA0897 NANOOK 9 6471700 394760 265 -90 360 NSI
SPBA0898 NANOOK 4 6471700 394798 265 -90 360 NSI
SPBA0899 NANOOK 4 6471699 394837 265 -90 360 NSI
SPBA0900 NANOOK 8 6471699 394876 265 -90 360 NSI
SPBA0901 NANOOK 21 6471698 394918 265 -90 360 NSI
SPBA0902 NANOOK 65 6471697 394955 265 -90 360 48 52 4 0.31
SPBA0903 NANOOK 53 6471697 394999 265 -90 360 NSI
SPBA0904 NANOOK 42 6471696 395040 265 -90 360 NSI
SPBA0905 NANOOK 33 6471702 395080 265 -90 360 NSI
SPBA0906 NANOOK 40 6471700 395120 265 -90 360 16 20 4 0.18
AND 28 32 4 0.14
AND 39 40 1 0.35 Bottom of Hole
SPBA0907 NANOOK 54 6471701 395160 265 -90 360 NSI
SPBA0908 NANOOK 60 6471702 395200 265 -90 360 NSI
SPBA0909 NANOOK 53 6471700 395239 265 -90 360 NSI
SPBA0910 NANOOK 61 6471699 395280 265 -90 360 NSI
SPBA0911 NANOOK 60 6471702 395320 265 -90 360 NSI
SPBA0912 NANOOK 76 6471700 395360 265 -90 360 NSI
SPBA0913 NANOOK 67 6471700 395401 265 -90 360 28 32 4 0.15
SPBA0914 NANOOK 60 6471702 395441 265 -90 360 NSI
SPBA0915 NANOOK 52 6471698 395481 265 -90 360 NSI
SPBA0916 NANOOK 49 6471696 395521 265 -90 360 NSI
SPBA0917 NANOOK 53 6471697 395560 265 -90 360 20 24 4 0.16
AND 28 32 4 0.10
SPBA0918 NANOOK 60 6471696 395600 265 -90 360 24 32 8 0.35
INCLUDING 28 32 4 0.54
AND 44 48 4 0.27
SPBA0919 NANOOK 62 6471696 395641 265 -90 360 28 36 8 0.30
INCLUDING 28 32 4 0.50
SPBA0920 NANOOK 66 6471698 395684 265 -90 360 32 40 8 0.83
INCLUDING 32 36 4 1.42
SPBA0921 NANOOK 60 6471701 395720 265 -90 360 36 40 4 0.18
SPBA0922 NANOOK 56 6471698 395762 265 -90 360 44 52 8 0.19
SPBA0923 NANOOK 63 6471700 395799 265 -90 360 48 63 15 0.65 Bottom of Hole
INCLUDING 52 56 4 1.10
SPBA0924 NANOOK 76 6471699 395841 265 -90 360 48 60 12 0.28
SPBA0925 NANOOK 75 6471699 395880 265 -90 360 48 64 16 0.55
INCLUDING 52 60 8 0.85
SPBA0926 NANOOK 74 6471699 395920 265 -90 360 NSI
SPBA0927 NANOOK 69 6471702 395958 265 -90 360 NSI
SPBA0928 NANOOK 66 6471700 396002 265 -90 360 NSI
SPBA0929 NANOOK 71 6471699 396042 265 -90 360 48 56 8 0.44

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
INCLUDING 48 52 4 0.54
SPBA0930 NANOOK 13 6471904 394917 265 -90 360 12 13 1 0.36 Bottom of Hole
SPBA0931 NANOOK 37 6471906 394880 265 -90 360 NSI
SPBA0932 NANOOK 51 6471904 394840 265 -90 360 NSI
SPBA0933 NANOOK 34 6471905 394800 265 -90 360 NSI
SPBA0934 NANOOK 15 6471905 394760 265 -90 360 NSI
SPBA0935 NANOOK 27 6472097 394923 265 -90 360 NSI
SPBA0936 NANOOK 30 6472098 394962 265 -90 360 NSI
SPBA0937 NANOOK 36 6472096 394999 265 -90 360 NSI
SPBA0938 NANOOK 53 6472096 395040 265 -90 360 NSI
SPBA0939 NANOOK 57 6472097 395081 265 -90 360 NSI
SPBA0940 NANOOK 51 6472097 395119 265 -90 360 NSI
SPBA0941 NANOOK 42 6472097 395160 265 -90 360 NSI
SPBA0942 NANOOK 42 6472096 395201 265 -90 360 NSI
SPBA0943 NANOOK 48 6472095 395239 265 -90 360 NSI
SPBA0944 NANOOK 39 6472097 395281 265 -90 360 NSI
SPBA0945 NANOOK 45 6472099 395319 265 -90 360 NSI
SPBA0946 NANOOK 66 6472099 395361 265 -90 360 NSI
SPBA0947 NANOOK 69 6472102 395402 265 -90 360 NSI
SPBA0948 NANOOK 69 6472100 395440 265 -90 360 NSI
SPBA0949 NANOOK 66 6472101 395480 265 -90 360 NSI
SPBA0950 NANOOK 60 6472102 395520 265 -90 360 NSI
SPBA0951 NANOOK 66 6472102 395560 265 -90 360 NSI
SPBA0952 NANOOK 75 6472101 395601 265 -90 360 8 12 4 0.19
SPBA0953 NANOOK 72 6472102 395642 265 -90 360 NSI
SPBA0954 NANOOK 72 6472101 395680 265 -90 360 16 20 4 0.21
SPBA0955 NANOOK 54 6472099 395722 265 -90 360 NSI
SPBA0956 NANOOK 67 6472099 395760 265 -90 360 36 44 8 0.84
SPBA0957 NANOOK 57 6472098 395801 265 -90 360 44 48 4 0.41
SPBA0958 NANOOK 57 6472097 395839 265 -90 360 NSI
SPBA0959 NANOOK 65 6472098 395880 265 -90 360 NSI
SPBA0960 NANOOK 57 6472098 395920 265 -90 360 52 57 5 0.45 Bottom of Hole
SPBA0961 NANOOK 63 6472097 395957 265 -90 360 52 63 11 1.05 Bottom of Hole
SPBA0962 NANOOK 57 6472097 395996 265 -90 360 NSI
SPBA0963 NANOOK 66 6472094 396034 265 -90 360 NSI
SPBA0964 NANOOK 60 6472092 396075 265 -90 360 NSI
SPBA0965 NANOOK 62 6472092 396117 265 -90 360 NSI
SPBA0966 NANOOK 57 6472092 396157 265 -90 360 NSI
SPBA0967 NANOOK 69 6472499 396320 265 -90 360 NSI
SPBA0968 NANOOK 69 6472499 396283 265 -90 360 56 60 4 0.18
SPBA0969 NANOOK 69 6472502 396240 265 -90 360 56 60 4 0.58
SPBA0970 NANOOK 64 6472502 396198 265 -90 360 52 64 12 0.34 Bottom of Hole
INCLUDING 60 63 3 0.58
SPBA0971 NANOOK 63 6472500 396161 265 -90 360 56 60 0.14
SPBA0972 NANOOK 58 6472503 396119 265 -90 360 52 58 6 0.26 Bottom of Hole
SPBA0973 NANOOK 57 6472502 396077 265 -90 360 52 57 5 0.16 Bottom of Hole
SPBA0974 NANOOK 68 6472505 396040 265 -90 360 48 64 16 0.35
INCLUDING 56 60 4 0.86
SPBA0975 NANOOK 64 6472506 395998 265 -90 360 52 56 4 0.12
SPBA0976 NANOOK 57 6472501 395957 265 -90 360 NSI
SPBA0977 NANOOK 49 6472505 395918 265 -90 360 NSI
SPBA0978 NANOOK 56 6472504 395879 265 -90 360 NSI
SPBA0979 NANOOK 69 6472505 395838 265 -90 360 40 56 16 0.23

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA1434 NANOOK 57 6470799 394502 265 -90 360 12 16 4 0.16
SPBA1435 NANOOK 46 6470799 394541 265 -90 360 20 24 4 0.14
AND 28 32 4 0.91
SPBA1436 NANOOK 54 6470797 394586 265 -90 360 NSI
SPBA1437 NANOOK 57 6470799 394621 265 -90 360 28 32 4 0.16
SPBA1438 NANOOK 48 6470797 394661 265 -90 360 NSI
SPBA1439 NANOOK 53 6470800 394700 265 -90 360 NSI
SPBA1440 NANOOK 71 6470800 394735 265 -90 360 NSI
SPBA1441 NANOOK 75 6470802 394781 265 -90 360 52 64 12 0.2
AND 68 72 4 0.2
SPBA1442 NANOOK 69 6470801AND 394820 265 -90 360 4044 4448 44 1.080.11
SPBA1443 NANOOK 66 6470801 394859 265 -90 360 44 48 4 0.26
SPBA1444 NANOOK 72 6470798 394902 265 -90 360 44 52 8 0.11
SPBA1445 NANOOK 66 6470800 394940 265 -90 360 44 48 4 0.13
SPBA1446 NANOOK 67 6470801 394978 265 -90 360 48 52 4 0.44
SPBA1447 NANOOK 59 6470798 395018 265 -90 360 48 56 8 0.39
INCLUDING 48 52 4 0.69
SPBA1448 NANOOK 61 6470804 395063 265 -90 360 48 52 4 0.87
SPBA1449 NANOOK 68 6470802 395101 265 -90 360 48 52 4 1.01
SPBA1450 NANOOK 66 6470800 395141 265 -90 360 48 52 4 0.75
SPBA1451 NANOOK 60 6470800 395178 265 -90 360 44 56 12 0.24
SPBA1452 NANOOK 60 6470801 395218 265 -90 360 44 59 15 0.35
INCLUDING 44 52 8 0.56
SPBA1453 NANOOK 67 6470803 395261 265 -90 360 44 48 4 0.34
SPBA1454 NANOOK 70 6470801 395298 265 -90 360 44 56 12 0.38
INCLUDING 44 48 4 0.52
AND 64 68 4 0.12
SPBA1455 NANOOK 76 6470800 395340 265 -90 360 40 44 4 0.16
SPBA1456 NANOOK 68 6470800 395381 265 -90 360 36 40 4 0.11
SPBA1457 NANOOK 74 6470801 395417 265 -90 360 64 68 4 0.11
SPBA1458 NANOOK 59 6470803 395458 265 -90 360 36 40 4 0.11
AND 48 59 11 0.72 Bottom of Hole
INCLUDING 48 56 8 1.23
SPBA1459 NANOOK 61 6470803 395500 265 -90 360 4 8 4 0.11
AND 36 40 4 0.16
SPBA1460 NANOOK 56 6470804 395539 265 -90 360 24 28 4 0.28
SPBA1461SPBA1462 NANOOKNANOOK 5442 64708036470800 395582395623 265265 -90-90 360360 32 36 4 NSI0.20
SPBA1463 NANOOK 41 6470800 395659 265 -90 360 28 32 4 0.23
SPBA1464 NANOOK 48 6470801 395700 265 -90 360 20 24 4 0.26
SPBA1465 NANOOK 54 6470800 395741 265 -90 360 24 32 8 0.21
AND 53 54 1 0.20 Bottom of Hole
SPBA1466 NANOOK 60 6470802 395783 265 -90 360 28 52 24 0.30
INCLUDING 32 36 4 1.00
SPBA1467 NANOOK 62 6470803 395822 265 -90 360 36 40 4 0.32
SPBA1468 NANOOK 55 6470801 395863 265 -90 360 44 48 4 0.11
SPBA1469 NANOOK 48 6470805 395904 265 -90 360 44 48 4 0.25 Bottom of Hole
SPBA1470 NANOOK 45 6471001 395663 265 -90 360 16 24 8 0.31
AND 45 5 0.17 Bottom of Hole
SPBA1471 NANOOK 48 6470999 395619 265 -90 360 8 12 4 0.12
AND 16 28 12 0.16
AND 36 48 12 0.15 Bottom of Hole

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA1472 NANOOK 48 6470999 395581 265 -90 360 20 28 8 0.17
AND 36 48 12 0.19 Bottom of Hole
SPBA1473 NANOOK 55 6471001 395542 265 -90 360 32 52 20 0.36
INCLUDING 32 36 4 1.08
SPBA1474 NANOOK 75 6471001 395493 265 -90 360 40 56 16 1.17
INCLUDING 44 48 4 3.16
AND 60 74 14 0.25
INCLUDING 64 68 4 0.52
SPBA1475 NANOOK 72 6471004 395462 265 -90 360 40 44 4 4.93
AND 48 56 8 0.29
AND 71 72 1 0.12 Bottom of Hole
SPBA1476 NANOOK 70 6470994 395422 265 -90 360 44 48 4 2.32
AND 60 70 10 1.03 Bottom of Hole
INCLUDING 64 68 4 2.33
SPBA1477 NANOOK 76 6471005 395383 265 -90 360 44 48 4 0.47
AND 75 76 1 0.79 Bottom of Hole
SPBA1478 NANOOK 72 6471003 395343 265 -90 360 4 8 4 0.14
AND 44 48 4 0.45
AND 60 68 8 0.11
SPBA1479 NANOOK 67 6470999 395300 265 -90 360 40 56 16 0.38
AND 60 67 7 0.36 Bottom of Hole
SPBA1480 NANOOK 52 6471000 395260 265 -90 360 4 12 8 0.12
AND 48 52 4 0.37 Bottom of Hole
SPBA1481 NANOOK 66 6470998 395223 265 -90 360 44 66 22 0.32 Bottom of Hole
SPBA1482 NANOOK 61 6470999 395181 265 -90 360 44 61 17 0.58 Bottom of Hole
INCLUDING 48 56 8 0.88
SPBA1483 NANOOK 71 6470997 395140 265 -90 360 4 12 8 0.14
AND 48 64 16 0.57
INCLUDING 48 52 4 1.57
SPBA1484 NANOOK 52 6470998 395101 265 -90 360 51 52 1 1.00 Bottom of Hole
SPBA1485 NANOOK 78 6470997 395061 265 -90 360 4 8 4 0.20
AND 48 56 8 0.19
SPBA1486 NANOOK 75 6471001 395020 265 -90 360 48 52 4 0.12
SPBA1487 NANOOK 63 6471001 394980 265 -90 360 NSI
SPBA1488 NANOOK 83 6471000 394940 265 -90 360 48 52 4 0.44
AND 80 82 2 0.59
SPBA1489 NANOOK 49 6471001 394900 265 -90 360 36 40 4 0.17
AND 48 49 1 0.29 Bottom of Hole
SPBA1490 NANOOK 65 6471002 394861 265 -90 360 NSI
SPBA1491 NANOOK 62 6471003 394821 265 -90 360 32 36 4 0.58
AND 40 44 4 0.17
SPBA1492 NANOOK 80 6471001 394779 265 -90 360 64 80 16 0.44 Bottom of Hole
SPBA1493 NANOOK 45 6471000 394742 265 -90 360 NSI
SPBA1494 NANOOK 47 6470999 394701 265 -90 360 12 16 4 0.16
AND 32 40 8 2.89
INCLUDING 32 36 4 5.46
SPBA1495 NANOOK 36 6471000 394664 265 -90 360 NSI
SPBA1496 NANOOK 48 6470999 394619 265 -90 360 NSI
SPBA1497 NANOOK 10 6471200 394657 265 -90 360 NSI
SPBA1498 NANOOK 24 6471200 394702 265 -90 360 NSI
SPBA1499 NANOOK 13 6471200 394739 265 -90 360 NSI
SPBA1500 NANOOK 42 6471202 394779 265 -90 360 NSI
SPBA1501 NANOOK 43 6471199 394820 265 -90 360 40 42 2 0.12

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA1502 NANOOK 41 6471201 394860 265 -90 360 20 24 4 0.28
SPBA1503 NANOOK 41 6471200 394900 265 -90 360 NSI
SPBA1504 NANOOK 51 6471200 394940 265 -90 360 32 36 4 0.11
SPBA1505 NANOOK 64 6471199 394984 265 -90 360 NSI
SPBA1506 NANOOK 74 6471198 395023 265 -90 360 40 44 4 0.10
AND 60 64 4 0.12
SPBA1507 NANOOK 75 6471199 395060 265 -90 360 NSI
SPBA1508 NANOOK 75 6471198 395100 265 -90 360 NSI
SPBA1509 NANOOK 72 6471200 395142 265 -90 360 48 52 4 0.95
AND 71 72 1 0.16 Bottom of Hole
SPBA1510 NANOOK 67 6471198 395179 265 -90 360 48 52 4 0.89
SPBA1511 NANOOK 66 6471201 395221 265 -90 360 48 52 4 0.57
AND 56 60 4 0.12
SPBA1512 NANOOK 62 6471201 395262 265 -90 360 48 52 4 0.33
SPBA1513 NANOOK 67 6471201 395299 265 -90 360 48 52 4 1.70
AND 60 66 6 0.10
SPBA1514 NANOOK 57 6471201 395337 265 -90 360 48 57 9 2.15
SPBA1515 NANOOK 54 6471200 395378 265 -90 360 48 52 4 0.16
AND 53 54 1 0.10 Bottom of Hole
SPBA1516 NANOOK 56 6471202 395418 265 -90 360 44 56 12 0.71 Bottom of Hole
INCLUDING 48 55 7 1.10
SPBA1517 NANOOK 57 6471198 395461 265 -90 360 44 57 13 0.44 Bottom of Hole
INCLUDING 48 52 4 0.95
SPBA1518 NANOOK 57 6471198 395500 265 -90 360 44 56 12 0.47
SPBA1519 NANOOK 59 6471199 395537 265 -90 360 44 56 12 0.51
INCLUDING 44 48 4 1.07
SPBA1520 NANOOK 65 6471204 395580 265 -90 360 44 48 4 0.21
SPBA1521 NANOOK 59 6471199 395621 265 -90 360 44 52 8 0.36
AND 58 59 1 0.18 Bottom of Hole
SPBA1522 NANOOK 67 6471200 395660 265 -90 360 48 52 4 0.43
AND 66 67 1 0.11 Bottom of Hole
SPBA1523 NANOOK 56 6471200 395700 265 -90 360 4 8 4 0.13
AND 44 56 12 0.55 Bottom of Hole
INCLUDING 48 52 4 1.10
SPBA1524 NANOOK 51 6471199 395740 265 -90 360 48 51 3 0.52 Bottom of Hole
SPBA1525 NANOOK 49 6471200 395780 265 -90 360 NSI
SPBA1526SPBA1527 NANOOKNANOOK 6151 64712006471001 395820395701 265265 -90-90 360360 16 24 8 NSI0.24
AND 48 51 3 0.16 Bottom of Hole
SPBA1528 NANOOK 51 6471001 395739 265 -90 360 20 36 16 0.23
AND 40 44 4 0.18
SPBA1529 NANOOK 58 6471003 395781 265 -90 360 28 36 8 0.20
AND 48 52 4 0.41
SPBA1530 BINDY 50 6470803 395939 265 -90 360 44 50 6 0.24 Bottom of Hole
SPBA1531 BINDY 27 6470501 395799 265 -90 360 20 27 7 0.7 Bottom of Hole
INCLUDING 20 24 4 0.95
SPBA1532 BINDY 42 6470501 395839 265 -90 360 12 20 8 0.29
AND 32 42 10 0.44 Bottom of Hole
SPBA1533 BINDY 46 6470500 395879 265 -90 360 32 40 8 0.14
SPBA1534 BINDY 58 6470501 395920 265 -90 360 36 44 8 0.39
SPBA1535 BINDY 64 6470502 395959 265 -90 360 16 20 4 0.13
AND 32 36 4 0.2
SPBA1536 BINDY 54 6470503 396000 265 -90 360 32 36 4 0.4

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA1537 BINDY 53 6470505 396040 265 -90 360 16 20 4 0.21
SPBA1538 BINDY 47 6470501 396082 265 -90 360 NSI
SPBA1539 BINDY 43 6470501 396120 265 -90 360 32 36 4 0.2
SPBA1540 BINDY 42 6470497 396162 265 -90 360 32 36 4 0.22
SPBA1541 BINDY 49 6470500 396201 265 -90 360 NSI
SPBA1542 BINDY 64 6470501 396242 265 -90 360 NSI
SPBA1543 BINDY 54 6470501 396282 265 -90 360 40 44 4 0.1
SPBA1544 BINDY 60 6470502 396319 265 -90 360 40 48 8 0.17
SPBA1545 BINDY 51 6470503 396361 265 -90 360 36 48 12 0.87
INCLUDING 40 48 8 1.2
AND 50 51 1 0.21 Bottom of Hole
SPBA1546 BINDY 46 6470501 396401 265 -90 360 40 45 5 0.17
SPBA1547 BINDY 45 6470499 396440 265 -90 360 NSI
SPBA1548 BINDY 51 6470501 396478 265 -90 360 NSI
SPBA1549 BINDY 51 6470502 396517 265 -90 360 NSI
SPBA1550 BINDY 44 6470505 396556 265 -90 360 32 40 8 0.14
SPBA1551 BINDY 60 6470501 396597 265 -90 360 NSI
SPBA1552 BINDY 69 6470098 396560 265 -90 360 56 60 4 0.26
SPBA1553 BINDY 58 6470098 396520 265 -90 360 36 44 8 0.33
SPBA1554 BINDY 48 6470101 396477 265 -90 360 32 48 16 0.89 Bottom of Hole
INCLUDING 40 47 7 1.48
SPBA1555 BINDY 48 6470099 396438 265 -90 360 36 44 8 0.81
INCLUDING 40 44 4 1.22
AND 47 48 1 0.16 Bottom of Hole
SPBA1556 BINDY 57 6470099 396398 265 -90 360 52 57 5 0.14 Bottom of Hole
SPBA1557 BINDY 60 6470100 396360 265 -90 360 32 36 4 0.71
SPBA1558 BINDY 59 6470100 396320 265 -90 360 36 40 4 0.35
SPBA1559 BINDY 42 6470103 396277 265 -90 360 32 42 10 0.45
INCLUDING 36 40 4 0.73
SPBA1560 BINDY 39 6470103 396238 265 -90 360 32 39 7 0.39 Bottom of Hole
INCLUDING 36 38 2 0.53
SPBA1561 BINDY 63 6470100 396201 265 -90 360 12 16 4 0.18
AND 28 36 8 0.19
AND 40 48 8 0.12
AND 52 62 10 0.3
SPBA1562 BINDY 54 6470102 396159 265 -90 360 24 32 8 0.14
SPBA1563 BINDY 37 6470101 396118 265 -90 360 16 20 4 0.25
SPBA1564 BINDY 27 6470098 396079 265 -90 360 24 27 3 0.2 Bottom of Hole
SPBA1565 BINDY 36 6470094 396041 265 -90 360 28 36 8 0.33 Bottom of Hole
SPBA1566 BINDY 30 6470100 395997 265 -90 360 24 28 4 0.29
SPBA1567 BINDY 24 6470098 395960 265 -90 360 16 20 4 0.21
AND 23 24 1 0.75 Bottom of Hole
SPBA1568 BINDY 18 6470098 395920 265 -90 360 8 16 8 0.23
AND 17 18 1 0.41 Bottom of Hole
SPBA1569 BINDY 30 6470098 395878 265 -90 360 NSI
SPBA1570 BINDY 36 6470099 395842 265 -90 360 NSI
SPBA1571 BINDY 5 6470102 395796 265 -90 360 NSI
SPBA1572 BINDY 5 6470103 395792 265 -90 360 NSI
SPBA1573 BINDY 5 6470102 395761 265 -90 360 NSI
SPBA1574 BINDY 5 6470102 395756 265 -90 360 NSI
SPBA1575 BINDY 6 6470103 395718 265 -90 360 NSI
SPBA1576 BINDY 5 6470102 395680 265 -90 360 NSI
SPBA1577 BINDY 8 6470103 395643 265 -90 360 7 8 1 0.16 Bottom of Hole

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA1578 BINDY 5 6470102 395601 265 -90 360 NSI
SPBA1579 BINDY 5 6470104 395597 265 -90 360 NSI
SPBA1580 BINDY 7 6470102 395561 265 -90 360 NSI
SPBA1581 BINDY 16 6470101 395521 265 -90 360 NSI
SPBA1582 BINDY 25 6470100 395480 265 -90 360 NSI
SPBA1583 BINDY 31 6470096 395439 265 -90 360 NSI
SPBA1584 BINDY 34 6470098 395400 265 -90 360 NSI
SPBA1585 BINDY 33 6470097 395356 265 -90 360 20 28 8 0.92
INCLUDING 24 28 4 1.34
SPBA3798 Nanook 58 6471400 395160 262 -90 360 NSI
SPBA3799 Nanook 41 6471400 395200 262 -90 360 32 41 9 0.15 Bottom of Hole
SPBA3800 Nanook 39 6471400 395205 262 -90 360 4 8 4 0.12
AND 28 32 4 0.18
AND 38 39 1 0.11 Bottom of Hole
SPBA3801 Nanook 57 6471400 395240 262 -90 360 36 40 4 0.12
SPBA3802 Nanook 56 6471400 395280 262 -90 360 32 36 4 0.16
SPBA3803 Nanook 57 6471400 395220 262 -90 360 36 40 4 0.19
SPBA3804 Nanook 58 6471400 395180 262 -90 360 48 52 4 50.7
AND 56 57 1 0.12
SPBA3805 Nanook 60 6471350 395200 262 -90 360 36 48 12 0.39
SPBA3806 Nanook 55 6471350 395240 262 -90 360 40 55 15 0.67 Bottom of Hole
SPBA3807 Nanook 52 6471350 395280 262 -90 360 40 51 11 0.51
SPBA3808 Nanook 55 6471350 395320 262 -90 360 44 48 4 0.14
SPBA3809 Nanook 66 6471300 395220 262 -90 360 48 56 8 1.36
AND 60 64 4 0.14
SPBA3810 Nanook 58 6471300 395260 262 -90 360 40 56 16 1.63
INCLUDING 44 48 4 4.69
SPBA3811 Nanook 57 6471300 395300 262 -90 360 40 56 16 0.47
SPBA3812 Nanook 62 6471300 395340 262 -90 360 44 60 16 0.84
AND 61 62 1 0.30
SPBA3813 Nanook 62 6471300 395380 262 -90 360 44 56 12 0.99
SPBA3814 Nanook 60 6471250 395240 262 -90 360 44 52 8 0.48
SPBA3815 Nanook 60 6471250 395280 262 -90 360 44 52 8 0.86
AND 59 60 1 0.32
SPBA3816 Nanook 54 6471250 395320 262 -90 360 44 54 10 0.33 Bottom of Hole
SPBA3817 Nanook 60 6471250 395360 262 -90 360 44 60 16 51.3 Bottom of Hole
INCLUDING 48 52 4 203
INCLUDING 59 60 1 1.56 Bottom of Hole
SPBA3818 Nanook 55 6471250 395400 262 -90 360 44 55 11 0.93 Bottom of Hole
SPBA3819 Nanook 59 6471250 395440 262 -90 360 4 12 8 0.13
AND 44 59 15 0.79 Bottom of Hole
SPBA3820 Nanook 60 6471250 395480 262 -90 360 48 60 12 0.71 Bottom of Hole
SPBA3821 Nanook 59 6471250 395520 262 -90 360 48 59 11 0.51 Bottom of Hole
SPBA3822 Nanook 64 6471150 395340 262 -90 360 48 56 8 0.68
SPBA3823 Nanook 58 6471150 395380 262 -90 360 48 58 10 0.33 Bottom of Hole
SPBA3824 Nanook 62 6471150 395420 262 -90 360 44 52 8 0.39
SPBA3825 Nanook 65 6471150 395460 262 -90 360 44 65 21 0.26 Bottom of Hole
SPBA3826 Nanook 52 6471150 395500 262 -90 360 40 52 12 1.03 Bottom of Hole
SPBA3827 Nanook 36 6470900 395680 262 -90 360 4 8 4 0.24
AND 24 36 12 0.76 Bottom of Hole
INCLUDING 28 32 4 1.82
SPBA3828 Nanook 45 6470900 395720 262 -90 360 28 32 4 0.16
AND 36 45 9 0.15 Bottom of Hole

DepthmmmppmSPBA3829Nanook406470900395760262-90360162040.45SPBA3830Nanook526470900395800262-90360121640.14AND202440.18AND323640.22SPBA3831Nanook346470900395840262-903602032120.15SPBA3832Nanook456470900395880262-90360364590.12Bottom of HoleSPBA3833Nanook516470900395920262-90360NSISPBA3834Nanook566470800395980262-90360NSISPBA3835Nanook636470800396020262-90360NSISPBA3836Nanook546470600395560262-903601224120.31AND364480.56AND525310.47SPBA3837Nanook366470600395600262-90360NSISPBA3838Nanook206470600395640262-90360192010.18SPBA3839Nanook226470600395680262-90360NSISPBA3840Nanook406470600395720262-903601628120.29AND324080.12Bottom of Hole
SPBA3841Nanook466470600395760262-90360202440.21
AND324080.12
AND444510.13
SPBA3842Nanook596470600395800262-903602840120.14
AND525970.35Bottom of Hole
SPBA3843Nanook576470600395840262-90360404440.11
AND505660.13
SPBA3844Nanook106470500395600262-90360NSI
SPBA3845Nanook76470500395640262-90360NSI
SPBA3846Nanook116470500395680262-90360NSI
SPBA3847Nanook146470500395720262-90360131410.37Bottom of Hole
SPBA3848Nanook136470500395760262-90360121310.27Bottom of Hole
SPBA3849Nanook166470400395600262-90360151610.12Bottom of Hole
SPBA3850Nanook56470400395640262-90360NSI
SPBA3851Nanook56470400395680262-903604510.12Bottom of Hole
SPBA3852Nanook56470400395720262-90360NSI
SPBA3853Nanook46470400395760262-90360NSI
SPBA3854Nanook166470400395800262-90360NSI
SPBA3855Nanook196470400395840262-90360NSI
SPBA3856Nanook356470400395880262-90360243280.13
AND343510.13Bottom of Hole
SPBA3857Nanook626470400395920262-903602856280.81
INCLUDING364481.99
SPBA3858Nanook506470400395960262-90360162040.17
AND445060.28Bottom of hole
INCLUDING495010.88Bottom of hole
SPBA3859Nanook286470400396000262-90360242840.79Bottom of hole
SPBA3860Nanook266470400396040262-90360122080.19
AND252610.15Bottom of hole
SPBA3861Nanook116470200395720262-90360NSI
SPBA3862Nanook246470200395760262-90360NSI
SPBA3863Nanook396470200395800262-90360NSI
SPBA3864Nanook276470200395840262-90360NSI
SPBA3865Nanook326470200395880262-90360121640.49
SPBA3866Nanook236470200395920262-90360202330.69Bottom of holeINCLUDING222311.34Bottom of hole

Hole No. Zone TotalDepth North East RL Dip Azim From,m To,m Width,m Au,ppm Comment
SPBA3867 Nanook 10 6470200 395960 262 -90 360 NSI
SPBA3868 Nanook 13 6470200 396000 262 -90 360 NSI
SPBA3869 Nanook 6 6470200 396040 262 -90 360 NSI
SPBA3870 Nanook 9 6470200 396080 262 -90 360 NSI
SPBA3871 Nanook 31 6470200 396120 262 -90 360 28 30 2 0.10
SPBA3872 Nanook 40 6470000 395880 262 -90 360 36 40 4 0.14 Bottom of hole
SPBA3873 Nanook 37 6470000 395920 262 -90 360 NSI
SPBA3874 Nanook 37 6470000 395960 262 -90 360 28 32 4 0.2
SPBA3875 Nanook 23 6470000 396000 262 -90 360 NSI
SPBA3876 Nanook 38 6470000 396020 262 -90 360 24 28 4 0.16
SPBA3877 Nanook 39 6470000 396040 262 -90 360 16 24 8 0.19
AND 32 38 6 0.28
SPBA3878 Nanook 42 6470000 396080 262 -90 360 24 28 4 0.14
SPBA3879 Nanook 54 6470000 396120 262 -90 360 32 40 8 0.13
AND 44 48 4 0.23
AND 53 54 1 0.11 Bottom of hole

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
Samplingtechniques 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 aslimiting the broad meaning of sampling. The mineralised trend at Nanook is sampled by aircoredrilling on a nominal 40 m hole spacing and 100 m lines,with local infill to 100m x 20m and 50m x 20m spacing. Allholes drilled to refusal.Aircore holes are sampled using an aluminium scoop to producea four metre composite sample.
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 donethis would be relatively simple (e.g. 'reversecirculation drilling was used to obtain 1 msamples from which 3 kg was pulverised toproduce a 30 g charge for fire assay'). In other 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 witha 1 ppb detection limit.A 1m end of hole sample was collected for all aircore holes.
cases more explanation may be required, such aswhere there is coarse gold that has inherentsampling problems. Unusual commodities ormineralisation types (e.g. submarine nodules)may warrant disclosure of detailed information Sample preparation was the same as above and wereanalysed using a four acid digest with an ICP/OES and fireassay. The following elements are included in the assaysuite: 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.

Criteria JORC Code explanation Commentary
Drillingtechniques 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). 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 RC and aircore sample recoveries are visually estimatedqualitatively on a metre basis and are recorded in the database.
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.
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.
Logging Whether core and chip samples have beengeologically and geotechnically logged to a levelof detail 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. Loggingofaircorerecordslithology,mineralogy,mineralisation, weathering, colour and other features of thesamples, and is qualitative in nature.
The total length and percentage of the relevantintersections logged All drillholes were logged in full.
Sub-samplingtechniques andsamplepreparation If core, whether cut or sawn and whetherquarter, half or all core taken. Not applicable.
If non-core, whether riffled, tube sampled, rotarysplit, etc and whether sampled wet or dry. Aircore samples consist of a 4 metre composite pled 1 metresamples are collected via an on-board cone splitter. Sampleswere 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 to producea homogenous representative sub-sample for analysis. A grindquality target of 85% passing 75μm has been established and isrelative to sample size, type and hardness.
Quality control procedures adopted for all subsampling stages to maximise representivity of 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.
samples. Grind size checks are routinely completed to ensure samples meetthe industry standard of 85% passing through a 75µm mesh.
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 at thepulverisation stage.
Whether sample sizes are appropriate to thegrain size of the material being sampled. Sample sizes are considered appropriate for gold mineralisation.

Criteria JORC Code explanation Commentary
Quality of assaydata andlaboratory tests The nature, quality and appropriateness of theassaying and laboratory procedures used andwhether the technique is considered partial ortotal. 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 intercepted inaircore 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 analysedusing a four acid digest with an ICP/OES and ICP/MS finish. Au,Pt And Pd is analysed for using 25g or 50g Lead Collection fireassay with an ICP/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, externallaboratory checks) and whether acceptable levelsof accuracy (i.e. lack of bias) and precision havebeen established. Sample preparation checks for fineness were carried out by thelaboratory as part of their internal procedures to ensure the grindsize of 85% passing 75 micron was being attained. LaboratoryQAQC involves the use of internal lab standards using certifiedreference material, blanks, splits and replicates as part of the inhouse 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.
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 usedin Mineral Resource estimation. Drillhole collars were located GPS with an accuracy is +/- 5m.
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 criteriaregarded appropriate to determine the extents of mineralisation.Reconnaissance AC drilling is on a nominal spacing of between100m x 40m and 50m x 40m drill pattern.
Whether the data spacing and distribution issufficient to establish the degree of geologicaland grade continuity appropriate for the MineralResource and Ore Reserve estimationprocedure(s) and classifications applied. Drilling is currently preliminary in nature and the bedrockmineralised domains have not yet demonstrated sufficientcontinuity in both geological and grade continuity to support thedefinition of Mineral Resource and Reserves, and theclassifications applied under the 2012 JORC Code.
Whether sample compositing has been applied. No compositing has been applied to the exploration results.
Orientation ofdata in relation togeologicalstructure 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.

Criteria JORC Code explanation Commentary
If the relationship between the drillingorientation and the orientation of keymineralised structures is considered to haveintroduced a sampling bias, this should beassessed and reported if material. No orientation biased sampling bias has been identified in thedata at this point.
Sample security The measures taken to ensure sample security. Chain of custody is managed by S2 Resources. Samples arestored on site and either delivered by S2 personnel to Perth andthen to the assay laboratory, or collected from site by CenturionTransport and delivered direct to the assay laboratory. Whilst instorage, they are kept on a locked yard. Tracking sheets havebeen set up to track the progress of batches of samples.
Audits or reviews The results of any audits or reviews of samplingtechniques and data. No audits or reviews have been conducted at this stage.

SECTION 2 REPORTING OF EXPLORATION RESULTS

Criteria JORC Code explanation Commentary
Mineral tenementand land tenurestatus Type, reference name/number, location andownership including agreements or materialissues with third parties such as joint ventures,partnerships, overriding royalties, native titleinterests, historical sites, wilderness or nationalpark and environmental settings. The Nanook 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 impedimentsto obtaining a licence to operate in the area. The tenement is in good standing and no known impedimentsexist on tenement actively explored.
Exploration doneby other parties Acknowledgment and appraisal of explorationby other parties. Gold ExplorationPlutonic Operations Limited and Homestake Gold of AustraliaLimited conducted reconnaissance AC drilling (PBAC prefix)over Lake Cowan on predominantly 100 m drillhole spacing and800 m 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 aqua-regiadigest with AAS finish although this cannot be verified as theoriginal laboratory.
Geology Deposit type, geological setting and style ofmineralisation. The Polar Bear project is situated within the Archaean NorsemanWiluna Belt which locally includes basalts, 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.

Criteria JORC Code explanation Commentary
Drill holeInformation A summary of all information material to theunderstanding of the exploration resultsincluding a tabulation of the followinginformation for all Material drill holes:easting and northing of the drill holecollar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 interceptiondepthhole length. Refer to Annexure1 in body of text.
Data aggregationmethods In reporting Exploration Results, weightingaveraging techniques, maximum and/orminimum grade truncations (e.g. cutting of highgrades) and cut-off grades are usually Materialand should be stated. All reported assays have been length weighted. A nominal 0.2g/t Au lower cut-off is used to report AC intersections.
Where aggregate intercepts incorporate shortlengths of high grade results and longer lengthsof low grade results, the procedure used forsuch aggregation should be stated and sometypical examples of such aggregations should beshown in detail. High grade gold intervals internal to broader zones ofmineralisation are reported as included intervals.
The assumptions used for any reporting ofmetal equivalent values should be clearly stated. No metal equivalent values are used for reporting explorationresults.
Relationshipbetweenmineralisationwidths andintercept lengths These relationships are particularly importantin the reporting of Exploration Results.If the geometry of the mineralisation withrespect to the drill hole angle is known, itsnature should be reported.If it is not known and only the down holelengths are reported, there should be a clearstatement to this effect (e.g. 'down hole length,true width not known'). The bedrock trend of mineralisation at Nanook is not known atpresent due to the lack of deeper drilling and the early stage ofexploration.Alluvial/elluvial gold has been defined within two discretepalaeochannel systems trending roughly N-S and NNERefer to Annexure 1 and Figures in body of text.
Diagram Appropriate maps and sections (with scales)and tabulations of intercepts should be includedfor any significant discovery being reportedThese should include, but not be limited to aplan view of drill hole collar locations andappropriate sectional views. Refer to Figures in body of text.
Balancedreporting Where comprehensive reporting of allExploration Results is not practicable,representative reporting of both low and highgrades and/or widths should be practiced toavoid misleading reporting of ExplorationResults. The accompanying document is conserved to represent abalanced report with grades and/or widths reported in a consistentmanner.
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. No other exploration data collected to date is considered materialor meaningful at this stage.

Criteria JORC Code explanation Commentary
Further work The nature and scale of planned further work(e.g. tests for lateral extensions or depthextensions or large-scale step-out drilling).Diagrams clearly highlighting the areas ofpossible extensions, including the maingeological interpretations and future drillingareas, provided this information is notcommercially sensitive RC follow-up of high grade intercepts to establish the controlsand geometry of mineralization is proposed.

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