SUREFIRE RESOURCES NL — Regulatory Filings 2021

Jun 1, 2021

YIDBY GOLD PROJECT

FURTHER MASSIVE GOLD INTERSECTIONS

• Up to 100m wide intersections extend discovery at depth and along strike
• High grade intervals of 1m @ 23.13 g/t Au**, 2m** @ 10.05 g/t Au, 3m @ 26.47 g/t Au

YBRC035		26m	@	2.02	g/t AuFrom	126m
	Incl	14m	@	3.01	g/t AuFrom	133m
	Incl	2m	@	10.05	g/t AuFrom	141m
YBRC037		58m	@	0.83	g/t Aufrom	28m
	Incl	39m	@		1.16 g/t Aufrom	28m
	Incl	7m	@	2.07	g/t Aufrom	31m
	Incl	10m	@		2.48 g/t Aufrom	31m
	Incl	3m	@		5.42 g/t Aufrom	64m
YBRC026		19m	@	1.21	g/t Aufrom	159m
	Incl.	12m	@	1.95	g/t Aufrom	166m
YBRC017		100m	@	0.53	g/t Aufrom	96m
	Incl	13m	@	2.17	g/t Aufrom	113m
	Incl	1m	@		23.13 g/t Aufrom	113m
	Incl	3m	@		4.15 g/t Aufrom	163m

The above intersections are in addition to those reported 5 May 2021 that included:

YBRC019		44m	@	2.77g/t Aufrom149m
	Incl	3m	@	26.47g/t Aufrom150m

Surefire Resources NL (ASX: SRN, "the Company" or "SRN") is pleased to announce further thick gold intersections with high-grade intervals from results of 9 further RC holes at the Yidby Road Gold Prospect ("Yidby Road", or "the Prospect"). Yidby Road is located on the Yidby Gold Project tenements, located in the highly prospective southwest Murchison Province of Western Australia (Figure 6).

This phase of the drilling is designed to follow up and extend testing of the thick and highgrade mineralised zone previously intersected (SRN:ASX announcements 30 November 2020, 15 December 2020 and 5 May 2021).

The new results include thick intersections with high-grade intervals from the central and southern part of the identified mineralised zone including:

YBRC035: 26m @ 2.02g/t Au from 126m incl 14m @ 3.01g/t Au & 2m @ 10.05g/t Au

This intersection is from one of three steeply dipping mineralised structures developed across a 200m wide corridor, that remain open at depth (see longitudinal projection, Figure 1 and cross section 6,751,725mN, Figure 2).

A step-out hole at the southern end of the currently identified deposit has also produced a significant and thick intersection:

YBRC037: 58m @ 0.83g/t Au from 28m incl 7m @ 2.07g/t Au & 10m @ 2.48g/t Au

This intersection is open at depth and potentially indicates that the deposit may also continue to the southwest and be thickening with depth.

In addition, re-sampling of a 4m composite sample in YBRC017 included a 1m assay of 23.13 g/t Au and also resulted in the extension of the mineralised envelope in this hole to 100m @ 0.53 g/t Au from 96m (see cross section, 6,751,880mN, Figure 3).

The results are from the final high-priority holes and the majority of drillhole results have now been received from the initial program, with only four remaining holes to come that were not completed to target depth (see locations, Figure 4).

Following interpretation and modelling of the mineralised structures, further drilling will be planned to test the thickening, high-grade, down-plunge extensions of these lode structures, both to the northwest and southeast, in order to further extend the current discovery.

In addition, MMI soil sampling results as well as gravity and magnetics interpretation, indicates that the mineralised corridor extends at least another 400m to the northwest of the currently defined zone. An additional PoW will be submitted shortly to allow the extension drilling to be planned with the objective of identifying further thick and gold mineralised structures within the Yidby Road corridor (See Figure 5).

Surefire Managing Director Vladimir Nikolaenko commented:

"The Company continues to generate very thick intersections of gold mineralisation at Yidby Road, that also includes high-grade intervals.

"We have identified multiple mineralised structures across a >200m corridor and the deposit has only been drilled over a 200m strike length open to the north, south and at depth.

Figure 1: Yidby Road longitudinal Projection with new intersections down northerly plunging zone

Figure 2: Yidby Road cross-section 6,751,725mN with recent intersections, open at depth

Figure 3: Yidby Road cross-section 6,751,880mN with recent thick intersections, open at depth

The Yidby Road Drilling Program

This first phase of the current drilling program at Yidby Road was focused on extending the previously intersected zone that produced thick and relatively high-grade intersections that included, YBRC007: 56m @ 1.97 g/t Au from 44m including 4m @ 14.47 g/t Au and YBRC008: 40m @ 3.01 g/t Au from 24m including 4m @ 26.57 g/t Au (ASX: SRN 30 November 2020 and 15 December 2020), (Figure 1).

To date a total of 18 holes have been completed in this phase for 2,791m (see Figure 3 for drillhole locations), testing a northwest-southeast trending, east dipping, mineralised zone across the boundary between sheared ultramafic/mafic rocks and a large felsic "porphyry" intrusion.

The drilling has extended the mineralised zone both at depth and along strike of the previous intersections and remains open along strike and at depth. In addition, other parallel mineralised structures have been intersected across a >200m wide corridor (see Figure 4).

2 June 2021 ASX Announcement ASX Codes: SRN and SRNOC

Figure 4: Drillhole locations at Yidby Road on aerial photo with projected mineralisation

Historical aircore drilling intersected mineralisation across a 400m zone to the west of the recently intersected zone. MMI soil sampling results have confirmed this 400m wide anomalous corridor and indicate that the zone extends at least another 400m to the northwest (Figure 5).

This anomalous zone corresponds to a major structural corridor identified through interpretation of gravity imagery that continues to the northwest and southeast of the drilled Yidby Road mineralisation and appears to have off-set the surrounding ultramafic and mafic rocks (Figure 5). Further RC and aircore drilling will be planned to test these regional targets.

The key objectives of the current and planned drilling programs will be to grow, through drilling, the scale of the Yidby Road gold prospect and confirm potential for a major new gold discovery.

Figure 5: Yidby detailed gravity & MMI anomalies with structural corridors & identified mineralisation

Yidby Gold Project

The Yidby Gold Project is situated within the southern portion of the Yalgoo-Singleton Greenstone Belt near Ninghan Station Homestead. To the south of the project is the Extension Hill iron ore mine and the Mount Gibson Gold Mine. The three exploration licences cover 113.77km² and include three gold prospects hosting significant gold mineralisation at Yidby Road, Delaney Well and Cashens Find Prospects.

The project is centred in a highly attractive location being within 1km of the Great Northern Highway, a major arterial road which services the various mining centres and is the state's main link to the north west. The project is 400km along this route from Perth.

The project is in the Singleton-Yalgoo Greenstone Belt and is surrounded by several significant gold projects. The +1.1 million-ounce Minjar Gold Project is located approximately 65km to the northwest, the million-ounce Kirkalocka Gold Project is approximately 70km to the northeast, Mount Gibson Gold Project is 30km to the south and the Rothsay Gold Project is 30km to the west (see Figure 6).

Figure 6: Yidby Gold Project location on regional geology with major gold projects & mineral occurrences

Prospect	Hole ID	Section	From	To	m	g/t Au
Yidby Road	YBRC013	6,751,810mN	84	103	19	1.28²
	Incl.		84	86	2	7.29³
	Incl.		101	103	2	4.14³
Yidby Road	YBRC016	6,751,840mN	20	29	9	1.44²
	Incl.		20	25	5	2.35³
	Incl.		22	25	3	3.25³
Yidby Road	YBRC017	6,751,880mN	96	196	100	0.53¹
	YBRC017		113	126	13	2.17²
	Incl.		113	114	1	23.13
	YBRC017		163	168	5	2.77²
	Incl.		163	166	3	4.15³
Yidby Road	YBRC019	6,751,840mN	149	193	44	2.77²
	YBRC019		150	182	32	3.68³
	Incl.		150	153	3	26.47³
	YBRC019		168	182	14	2.62³
	Incl.		177	182	5	6.27³
Yidby Road	YBRC023	6,751,810mN	158	165	7	0.61²
	Incl.		158	165	1	1.83³
Yidby Road	YBRC025	6,751,750mN	31	40	9	0.14¹
Yidby Road	YBRC026	6,751,780mN	159	178	19	1.21²
	Incl.		166	178	12	1.95³
Yidby Road	YBRC034	6,751,750mN	17	30	13	0.20¹
Yidby Road	YBRC035	6,751,750mN	126	152	26	2.02²
	Incl.		126	148	22	2.34³
	Incl.		133	147	14	3.01³
	Incl.		141	143	2	10.05³
Yidby Road	YBRC036	6,751,750mN	37	44	7	0.97²
	YBRC036		74	87	13	0.42²
	Incl.		75	76	1	2.15
	YBRC036		212	220	8	0.95²
	Incl.		219	220	1	4.38³
Yidby Road	YBRC037	6,751,725mN	28	86	58	0.83¹
	Incl.		28	67	39	1.16²
	Incl.		31	38	7	2.07¹
	YBRC037		57	67	10	2.48²
	Incl.		64	67	3	5.42³
	Incl.		64	65	1	10.48³
	YBRC037		116	124	8	1.23²
Yidby Road	YBRC038	6,751,700mN	14	16	2	0.21¹
Yidby Road	YBRC039	6,751,700mN	39	43	4	0.33¹

Table 1: Significant Intersections from Yidby Road program including previously released 5/5/21:
--------------------------------------------------------------------------------------------------	--	--	--

Lower cut-off grades for intersections: 1>0.1 g/t Au cut-off, 2>0.3 g/t Au cut-off; 3>1.0 g/t Au cut-off

Hole ID	MGA_East	MGA_North	MGA_RL	Collar Dip°	Collar Az°	Depth
YBRC013	525,778.52	6,751,809.25	296.63	-60*	270*	138
YBRC014	525,783.49	6,751,838.69	296.82	-60*	270*	54
YBRC015	525,762.99	6,751,878.82	296.84	-55*	270*	150
YBRC016	525,723.99	6,751,839.13	296.70	-74.4	271.8	90
YBRC017	525,791.46	6,751,879.08	296.95	-61.1	269.4	198
YBRC019	525,804.47	6,751,839.21	296.91	-60.2	270.0	198
YBRC020	525,849.73	6,751,838.89	297.08	-55.9	270.0	216
YBRC021	525,787.98	6,751,841.00	296.81	-55*	270*	30
YBRC022	525,722.20	6,751,879.67	296.70	-61.1	269.4	180
YBRC023	525,808.64	6,751,810.92	296.82	-59.5	270.3	192
YBRC025	525,886.50	6,751,753.94	297.24	-61.7	270.0	222
YBRC026	525,839.26	6,751,780.62	297.02	-60.7	270.0	186
YBRC034	525,801.90	6,751,754.27	296.70	-60.3	266.5	114
YBRC035	525,853.24	6,751,754.20	297.19	-61.0	265.6	168
YBRC036	525,916.10	6,751,754.23	297.48	-61.3	265.0	246
YBRC037	525,868.87	6,751,724.36	297.23	-66.9	270.0	194
YBRC038	525,842.02	6,751,699.58	297.05	-60.4	270.0	86
YBRC039	525,879.61	6,751,697.22	297.43	-60.5	270.0	129
Total						2,791

Table 2: Drillhole locations and details in this release:

*Hole collar orientation not surveyed.

Authorised for ASX release by:

Vladimir Nikolaenko Managing Director

Competent Person Statement:

The information in this report that relates to exploration results has been reviewed, compiled and fairly represented by Mr Jonathon Dugdale, a Fellow of the Australian Institute of Mining and Metallurgy ('FAusIMM') and a full time employee of Discover Resource Services Pty Ltd. Mr Dugdale has sufficient experience, including over 34 years' experience in exploration, resource evaluation, mine geology and finance, relevant to the style of mineralisation and type of deposits under consideration to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee ('JORC') Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves. Mr Dugdale consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

Forward Looking Statements:

This announcement contains 'forward-looking information' that is based on the Company's expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the Company's business strategy, plans, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and related expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as 'outlook', 'anticipate', 'project', 'target', 'potential', 'likely', 'believe', 'estimate', 'expect', 'intend', 'may', 'would', 'could', 'should', 'scheduled', 'will', 'plan', 'forecast', 'evolve' and similar expressions. Persons reading this announcement are cautioned that such statements are only predictions, and that the Company's actual future results or performance may be materially different. Forwardlooking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information.

JORC Code, 2012 Edition: Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary
Sampling techniques	Nature and quality of sampling(e.g., cut channels, random chips, orspecific specialised industrystandard measurement toolsappropriate to the minerals underinvestigation, such as down holegamma sondes, or handheld XRFinstruments, etc). These examplesshould not be taken as limiting thebroad meaning of sampling.Include reference to measures takento ensure sample representivity andthe appropriate calibration of anymeasurement tools or systemsused.Aspects of the determination ofmineralisation that are Material tothe Public Report.In cases where 'industry standard'work has been done this would berelatively simple (e.g., 'reversecirculation drilling was used toobtain 1 m samples from which 3 kgwas pulverised to produce a 30 gcharge for fire assay'). In othercases, more explanation may berequired, such as where there iscoarse gold that has inherentsampling problems. Unusualcommodities or mineralisationtypes (e.g., submarine nodules) maywarrant disclosure of detailedinformation.	Reverse Circulation drilling was used toobtain 1m samples weighingapproximately 3kg from the splitter onthe cyclone and submitted to thelaboratory (Nagrom laboratories).The entire sample was crushed to -2mmthen either riffle-split then pulverised to95% passing 75 micron to produce a 50gcharge for Fire Assay gold (Au) analysis.Selected samples in zones of lowerprospectivity were composited to 4mafter the crushing stage at the lab before50g charge Fire Assay analysis. Wheregrades of >0.1 g/t Au are returned for thecomposite the individual 1m samples areassayed for that zone.
Drilling techniques	Drill type (e.g., core, reversecirculation, open-hole hammer,rotary air blast, auger, Bangka,sonic, etc) and details (e.g., corediameter, triple or standard tube,depth of diamond tails, facesampling bit or other type, whethercore is oriented and if so, by whatmethod, etc).	Reverse Circulation drilling wascompleted using a face sampling hammer.
Drill sample recovery	Method of recording and assessingcore and chip sample recoveries and	RC drilling was bagged on 1m intervalsand an estimate of sample recovery has

Criteria	JORC Code explanation	Commentary
	results assessed.	been made on the size of each sample.
	Measures taken to maximisesample recovery and ensurerepresentative nature of thesamples.Whether a relationship existsbetween sample recovery andgrade and whether sample biasmay have occurred due topreferential loss/gain of fine/coarsematerial.	The cyclone is shut off when collectingthe sample and released to the samplebags at the completion of each metre toensure no cross contamination. Ifnecessary, the cyclone is flushed out ifsticky clays are encountered.Samples were weighed at the laboratoryto allow comparative analysis.
Logging	Whether core and chip sampleshave been geologically andgeotechnically logged to a level ofdetail to support appropriateMineral Resource estimation,mining studies and metallurgicalstudies.Whether logging is qualitative orquantitative in nature. Core (orcostean, channel, etc) photography.The total length and percentage ofthe relevant intersections logged.	Geological logging was conducted per 1msample with lithologies and weatheringzones being documented throughout.Representative samples from the "greenbags" are sieved and in fresh rock,washed, and placed in chip trays for eachhole.
Sub-sampling techniques and	If core, whether cut or sawn and	Not applicable to this announcement
sample preparation	whether quarter, half or all coretaken.If non-core, whether riffled, tubesampled, rotary split, etc andwhether sampled wet or dry.For all sample types, the nature,quality and appropriateness of thesample preparation technique.Quality control procedures adoptedfor all sub-sampling stages tomaximise samples representivityMeasures taken to ensure that thesampling is representative of the insitu material collected, including forinstance results for fieldduplicate/second-half sampling.Whether sample sizes are	Every 1m RC interval was sampled as adry primary sample in a calico bag off thecyclone/splitter.Drill sample preparation and analysiscarried out at registered laboratory(Nagrom Laboratories). Samplepreparation is dry pulverisation to 95%passing 75 microns.Field sample procedures involve theinsertion of registered Standards andduplicates generally every 25m andoffset.Sampling is carried out using standardprotocols as per industry practice.Sample sizes range typically from 2 to 3kgand are deemed appropriate to providean accurate indication of gold
	appropriate to the grain size of thematerial being sampled.	mineralisation.
Quality of assay data andlaboratory tests	The nature, quality andappropriateness of the assaying andlaboratory procedures used and	Gold assays at Nagrom Laboratories inPerth, WA, using a 50g charge for FireAssay gold (Au) total analysis.

Criteria	JORC Code explanation	Commentary
	whether the technique is consideredpartial or total.For geophysical tools,spectrometers, handheld XRFinstruments, etc, the parametersused in determining the analysisincluding instrument make andmodel, reading times, calibrationsfactors applied and their derivation,etc.Nature of quality controlprocedures adopted (e.g.,standards, blanks, duplicates,external laboratory checks) andwhether acceptable levels ofaccuracy (i.e., lack of bias) andprecision have been established.	Selected samples in zones of lowerprospectivity were composited to 4mafter the crushing stage at the lab before50g charge Fire Assay analysis. Wheregrades of >0.1 g/t Au are returned for thecomposite the individual 1m samples areassayed for that zone.Field sample procedures involve theinsertion of registered Standards andduplicates generally every 25m andoffset. Standards and duplicate assaysare also completed at the Lab.
Verification of sampling andassaying	The verification of significantintersections by either independentor alternative company personnel.The use of twinned holes.Documentation of primary data,data entry procedures, dataverification, data storage (physicaland electronic) protocols.Discuss any adjustment to assaydata.	Selected intersections have beencalculated at various cut-off grades asshown in Table 1, including a 0.1g/tminimum cut-off for the "mineralisedenvelope" and including "economic" cutoff grades applicable to the significantintersections (e.g. 0.3 g/t Au, 1.0 g/t Au).Where internal waste is included theincluded zone must average above thestated cut-off grade to be across theadded interval.Geological and sample data was enteredinto spreadsheets on site and stored onthe Company's database.
Location of data points	Accuracy and quality of surveysused to locate drill holes (collar anddown-hole surveys), trenches, mineworkings and other locations usedin Mineral Resource estimation.Specification of the grid systemused.Quality and adequacy oftopographic control.	Siting of planned drillholes was completedusing a DGPS and adjusted with hand-heldGPS where necessary. Final collarlocations will be surveyed using DGPS,which will also provide topographic data.Grid system MGA 2020, Zone 50.Downhole surveys have been completedwhile drilling on recent deeper holesusing a REFLEX Gyro Tool. Open holesurveys will be completed on all previousand current holes not yet surveyed,subject to blockages downhole.
Data spacing and distribution	Data spacing for reporting ofExploration Results.Whether the data spacing, anddistribution is sufficient to establishthe degree of geological and grade	Sample data down hole is at no morethan 1m intervals (with selected intervalscomposited at the lab).Data spacing in terms of pierce pointsvaries from 25m to 100m from previous

Criteria	JORC Code explanation	Commentary
	continuity appropriate for theMineral Resource and Ore Reserveestimation procedure(s) andclassifications applied.	intersections. Assessment as to whethersufficient data has been generated toestablish the degree of geological andgrade continuity appropriate for (JORC2012) Mineral Resource estimationprocedure(s) is underway and, ifnecessary, additional drilling will becarried out to establish continuity.
Orientation of data in relation togeological structure	Whether the orientation ofsampling achieves unbiasedsampling of possible structures andthe extent to which this is known,considering the deposit type.If the relationship between thedrilling orientation and theorientation of key mineralisedstructures is considered to haveintroduced a sampling bias, thisshould be assessed and reported ifmaterial.	Drilling orientation is designed to test themineralisation at as close as possible toorthogonal to the mineralisation,therefore not biasing the sampling orintersection lengths.All intersections are downhole widthswith the true widths not determined atthis early stage of exploration.
Sample security	The measures taken to ensuresample security.	Samples transported by Companypersonnel direct to the Laboratory assoon as possible after drilling.
Audits or reviews	The results of any audits or reviewsof sampling techniques and data.	A full review of QAQC data will becompleted once all results received.

Section 2: Reporting of Exploration Results

(Criteria in this section apply to all succeeding sections.)

Mineral tenement and landType, reference name/number,tenure statusmid-west region of Western Australia.location and ownership includingE 52/2390 and E52 /2426 are grantedagreements or materialissues with third parties such asby Surefire Resources NL under a salejoint ventures, partnerships,agreement from the tenement holderoverriding royalties, nativetitle interests, historical sites,A 2% Royalty on Gold production iswilderness or national park andpayable to Beau Resources Pty Ltd.environmental settings.The security of the tenure held atthe time of reporting along withany known impediments toobtaining a licence to operate inthe area.Exploration done by other partiesAcknowledgment and appraisal ofPrevious exploration work has beenexploration by other parties.at the Yidby Road Prospect. Drillingwere followed up by Surefire usingwesterly oriented holes and theNormandy drilling was shown to beGeologyDeposit type, geological settingGold mineralisation at the project isand style of mineralisation.orogenic, hosted within quartz veiningDrill holeA summary of all informationInformationmaterial to the understanding ofthe exploration results including a5m accuracy using a GPS – with DGPStabulation of the followinglocation planned.information for all Material drillholes:RL data +/-2measting and northing of the drillDown hole length =+- 0.2m.hole collarLocation of new drillholes based onelevation or RL (Reduced Level -elevation above sea level inTable 2 and shown on Figure 4.metres) of the drill hole collar • dipand azimuth of the holehistorical reports and data, originallydown hole length and interceptionlocated on surveyed sites, and DGPS.depth	Criteria	JORC Code explanation	Commentary
			Located 320km northeast of Perth in thetenements with a 100% interest acquiredBeau Resources Pty Ltd (Figures 5 and 6).
			completed by Normandy and MonarchGold. Normandy work included aircoredrilling and limited RC drilling, includingintersections in easterly oriented drillingdrilled in the wrong orientation for theeasterly dipping mineralised structures.
			with minor sulphides in ultramafic/maficlithologies and felsic porphyry intrusions.
hole length.Company's drillholes determined using			Northing and easting data generally withinsurveyed sites, and DGPS, summarised inLocation of previous Drillholes based onFinal Northing and Easting data of theDGPS generally within 0.1m accuracy. RL

	is justified on the basis that theinformation is not Material andthis exclusion does not detractfrom the understanding of thereport, the Competent Personshould clearly explain why this isthe case.	data +/- 0.2m. Down hole length +/- 0.1m.Location of new drillholes shown in Table2. Coordinates are estimated based onplanned positions and will be updatedwhen DGPS data available. Figure 4 showsnew and previous drillhole locations.
Data aggregation methods	In reporting Exploration Results,weighting averaging techniques,maximum and/orminimum grade truncations (e.g.,cutting of high grades) and cut-offgrades are usually Material andshould be stated.Where aggregate interceptsincorporate short lengths of highgrade results and longer lengths oflow-grade results, the procedureused for such aggregation shouldbe stated and some typicalexamples of such aggregationsshould be shown in detail. Theassumptions used for any reportingof metal equivalent values shouldbe clearly stated.	Selected intersections have beencalculated at various cut-off grades asshown in Table 1, including a 0.1g/tminimum cut-off for the "mineralisedenvelope" and including "economic" cutoff grades applicable to the significantintersections (e.g. 0.3 g/t Au, 1.0 g/t Au).Where internal waste is included theincluded zone must average above thestated cut-off grade to be across theadded interval.No cutting of high-grades has been carriedout.
Relationshipbetweenmineralisationwidthsandintercept lengths	These relationships are particularlyimportant in the reporting ofExploration Results.•If the geometry of themineralisation with respect to thedrill hole angle is known, its natureshould be reported.•If it is not known and only thedown hole lengths are reported,there should be a clear statementto this effect (e.g., 'down holelength, true width not known').	Orientation of mineralised zones are stillto be determined in detail. All interceptsreported are downhole depths.
Diagrams	Appropriate maps and sections(with scales) and tabulations ofintercepts should be included forany significant discovery beingreported These should include, butnot be limited to a plan view of drillhole collar locations andappropriate sectional views.	Drillhole locations and interpretedmineralisation outline is shown on Figure4.Appropriate representative cross sectionis shown on Figure 1 (6,751,750mN).Figure 1 is a longitudinal Projection of allpierce points to date.See Table 1, summary of drillingintersections and Table 2, drillholelocations and planned orientation.

Balanced reporting	Where comprehensive reporting ofall Exploration Results is notpracticable, representativereporting of both low and highgrades and/or widths should bepracticed to avoid misleadingreporting of Exploration Results.	See Table 1, summary of all drillingintersections and Table 2, drillholelocations and planned orientation.
Othersubstantiveexploration data	Other exploration data, ifmeaningful and material, shouldbe reported including (but notlimited to): geologicalobservations; geophysical surveyresults; geochemical survey results;bulk samples – size and method oftreatment; metallurgical testresults; bulk density, groundwater,geotechnical and rockcharacteristics; potentialdeleterious or contaminatingsubstances.	Geological interpretations are included onboth plan views (Figure 4 and 5), sectionalview (Figure 2 and 3), and longitudinalview (Figure 1).No new exploration data has beengenerated apart from the drillinginformation included in this report.
Further work	• The nature and scale of plannedfurther work (e.g., tests for lateralextensions or depth extensions orlarge-scale step-out drilling).Diagrams clearly highlighting theareas of possible extensions,including the main geologicalinterpretations and future drillingareas, provided this information isnot commercially sensitive.	Follow up drilling will be planned once allresults are received.