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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Savannah Resources Plc | LSE:SAV | London | Ordinary Share | GB00B647W791 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3.30 | 3.20 | 3.40 | 3.30 | 3.30 | 3.30 | 1,426,523 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -2.86M | -0.0016 | -20.63 | 60.33M |
From Apr 2019 to Apr 2024
TIDMSAV
RNS Number : 9872X
Savannah Resources PLC
28 February 2017
Savannah Resources Plc / Index: AIM / Epic: SAV / Sector: Mining
28 February 2017
Savannah Resources Plc
High Grade HMS Mineralisation Confirmed at Ravene, Mutamba Project, Mozambique
Savannah Resources plc (AIM: SAV) ('Savannah' or 'the Company'), the AIM quoted resource development company, is pleased to confirm that is has identified significant zones of high grade total heavy mineral ('THM') mineralisation at the Ravene deposit in Mozambique. This follows the receipt of drill results from recent work undertaken by Savannah alongside the compilation and verification of legacy drill work undertaken by Rio Tinto (Figures 1). The Ravene deposit forms part of the Mutamba Mineral Sands Project, being explored by Savannah and Rio Tinto as part of a consortium agreement (the 'Consortium'). To view the press release with the illustrative maps and diagrams please use the following link:
http://www.rns-pdf.londonstockexchange.com/rns/9872X_-2017-2-27.pdf
HIGHLIGHTS:
-- Compilation and verification of legacy Rio Tinto drilling was completed highlighting significant zones of high grade THM mineralisation
-- Significant Rio Tinto results at 5% THM cut off include:
o 12m at 15.4% THM from surface in hole 2762
o 18m at 9.1% THM from surface in hole 2807
o 21m at 7.9% THM from surface in hole 2812
o 45m at 7.7% THM from surface in hole 2593
o 27m at 6.4% THM from surface in hole 2757
-- Infill drilling carried out by Savannah for 107 drill holes for a total of 2,914m has successfully confirmed the zones of high grade THM mineralisation
-- Significant Savannah results at a 5% THM cut off include:
o 12m at 10.5% THM from surface in hole 5000
o 12m at 8.7% THM from surface in hole 4952
o 15m at 8.1% THM from surface in hole 4946
o 27m at 7.1% THM from surface in hole 4946
o 36m at 6.5% THM from surface in hole 4932
-- Drilling confirmed the existence of two mineralised zones of heavy mineral concentrations >5% THM at Ravene, with the main zone having a length of 3.5km and widths up to 1.5km
-- Results will be used to estimate an initial Inferred Mineral Resource over the Ravene deposit - the current work programme focused on the known high grade portions of the mineralisation and further drilling is required to define possible extensions of the mineralisation
-- The resource estimation will be fast tracked and included into the Scoping Study, which is currently underway
Savannah's CEO, David Archer said: "The drilling results have underscored the Ravene deposit as a potential point of focus for evaluation as an initial mining area in the Scoping Study, which is currently underway. High THM grades have been identified from surface, which are very supportive of our development model for a high grade, low stripping ratio dry mining development. The Ravene deposit main zone shows very good continuity with thick sections of high grades in a 3.5km long zone and up to 1.5km wide. The programme was successfully planned and executed to more precisely define the high grade zones of THM at the Ravene deposit, which we believe could increase the current global Indicated and Inferred Mineral Resource inventory of 3.5 billion tonnes at 3.8% THM at the Mutamba Project North. In parallel, our Scoping Study to better determine the development potential of Mutamba continues to progress well."
Figure 1. Mutamba Project Location Map - see PDF link
Introduction
The Mutamba Project is subject to a consortium agreement between Savannah and Rio Tinto and is operated by Savannah. The Mutamba Project includes the Mutamba Project North (consisting of Jangamo, Dongane and Ravene deposits) and the Chilubane deposit, which is located 180km to the southwest of the Mutamba Project North. The current resource statement of 3.5 billion tonnes at 3.8% THM includes only the Jangamo and Dongane deposits (Figure 1).
The Ravene deposit which is part of the Mutamba Project North is relatively under evaluated and the drilling results suggest that it has the potential to host significant zones of high grade heavy minerals. The aim of the drilling at Ravene was to infill the original grid on a 500m line spacing to provide drilling information at a concentration of 500m x 500m so that it can be used to calculate an inferred mineral resource and be incorporated into the Scoping Study which is currently underway.
Rio Tinto Drilling
Rio Tinto completed an initial drill programme at Ravene between 2002 and 2004, drilling a total of 119 holes RC for 5,039m on a 1km by 500m grid (Figure 2-3). These results have now been reviewed and verified by the recent Savannah drill programme. The top 10 significant results are summarised below in Table 1, with full results in Appendix 1-3.
The drilling confirmed three main zones of heavy mineral concentrations greater than 5% THM. The largest of these zones occurred in the northern block of the drill grid, occurring over a distance of 8km. The mineralisation is seen to occur in sequence of parabolic dunes made up of third generation of dunes striking on a north-south trend. The two other mineralised zones occur in the southern block of the Ravene deposit and are smaller, occurring over a distance of 4km for one and 1km for the other.
Table 1. Summary of Top 10 Results from Historical Rio Tinto Drilling
Hot Features
Premium
Rio Tinto 3% THM Cut off 5% THM Cut off
---------------- -------------------- --------------------
Avg THM Avg THM
Hole From (m) Width (m) % Width (m) %
----- --------- ---------- -------- ---------- --------
2591 0 33 6.0 30 6.3
----- --------- ---------- -------- ---------- --------
2593 0 48 7.5 45 7.7
----- --------- ---------- -------- ---------- --------
2702 0 45 5.6 42 5.8
----- --------- ---------- -------- ---------- --------
2711 0 27 5.5 27 5.5
----- --------- ---------- -------- ---------- --------
2757 0 39 5.5 27 6.4
----- --------- ---------- -------- ---------- --------
2762 0 30 8.3 12 15.4
----- --------- ---------- -------- ---------- --------
2780 0 63 5.4 63 5.4
----- --------- ---------- -------- ---------- --------
2807 0 33 6.5 18 9.1
----- --------- ---------- -------- ---------- --------
2811 0 24 5.9 18 6.6
----- --------- ---------- -------- ---------- --------
2812 0 24 7.4 21 7.9
----- --------- ---------- -------- ---------- --------
Savannah Drilling
Drilling at Ravene (Figure 2-3) was carried out over a 21km length, targeting specific zones of high grade mineralisation outlined by the Rio Tinto drilling. The programme commenced in December 2016 and was completed in January 2017, with 107 holes drilled for a total of 2,914m. The top 10 significant results are summarised below in Table 2, with full results in Appendix 1-3.
The results of the infill drilling carried out by Savannah confirmed the existence of the major zone of heavy mineral concentrations in northern Ravene block. The bulk of the high grade concentrations are found in the southern section of the main zone with a length of 3.5km and widths up to 1.5km. The mineralisation to the north of this zone is consistent at cut off grades of 3% and 4% THM. The mineralisation in southern Ravene is more discrete comprising three smaller zones up to 1.9km in length, which has a greater continuity at a 3% cut-off. A typical cross section of the mineralisation at Ravene can be found in Figure 4.
Further assessment of the mineralogy of the heavy minerals at Ravene will be conducted on material retrieved during the recent drilling programme. Previous studies, however, indicate the THM at Ravene contains approximately 54% ilmenite and 2.3% zircon.
Table 2. Summary of Top 10 Results from Recent Savannah Resources Drilling
Savannah Resource 3% THM Cut off 5% THM Cut off -------------------- ------------------ ------------------ Hole From (m) Width (m) THM % Width (m) THM % ------- ----------- ---------- ------ ---------- ------ 4932 0 39 6.2 36 6.5 ------- ----------- ---------- ------ ---------- ------ 4944 0 36 5.0 21 6.3 ------- ----------- ---------- ------ ---------- ------ 4945 0 21 7.0 15 8.1 ------- ----------- ---------- ------ ---------- ------ 4946 0 27 7.1 27 7.1 ------- ----------- ---------- ------ ---------- ------ 4952 0 15 7.7 12 8.7 ------- ----------- ---------- ------ ---------- ------ 4954 0 42 5.9 33 6.3 ------- ----------- ---------- ------ ---------- ------ 4957 0 24 5.6 21 5.9 ------- ----------- ---------- ------ ---------- ------ 4979 0 36 6.4 33 6.7 ------- ----------- ---------- ------ ---------- ------ 4998 0 39 6.1 39 6.1 ------- ----------- ---------- ------ ---------- ------ 5000 0 27 6.7 12 10.5 ------- ----------- ---------- ------ ---------- ------
Figure 2. Map of the Ravene prospect area with Savannah's completed drilling (blue) and existing Rio Tinto drilling (black) highlighting key results using a 3% THM cut off showing the consistent broad zone of mineralisation identified - see PDF link
Figure 3. Map of the Ravene prospect area with Savannah's completed drilling (blue) and existing Rio Tinto drilling (black) highlighting key results using a 5% THM cut off - see PDF link
Figure 4. East to West Section - Ravene Deposit showing mineralisation and geology - see PDF link
Competent Person and Regulatory Information
The information in this document that relates to exploration results is based upon information compiled by Mr Dale Ferguson, Technical Director of Savannah Resources Limited. Mr Ferguson is a Member of the Australian Institute of Mining and Metallurgy (AusIMM) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the December 2012 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Mr Ferguson consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.
The information in this document that relates to the resource estimation is based upon information compiled by Mr Colin Rothnie, an independent consultant. Mr Rothnie is a Member of the Australian Institute of Mining and Metallurgy (AusIMM) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the December 2012 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" (JORC Code). Mr Rothnie consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
**S**
For further information please visit www.savannahresources.com or contact:
David Archer Savannah Resources Tel: +44 20
plc 7117 2489
David Hignell / Gerry Northland Capital Tel: +44 20
Beaney (Nominated Partners Ltd 3861 6625
Adviser)
Jon Belliss / Elliot Beaufort Securities Tel: +44 20
Hance Ltd 7382 8300
(Corporate Broker)
Charlotte Page / St Brides Partners Tel: +44 20
Lottie Brocklehurst Ltd 7236 1177
(Financial PR)
Notes
Savannah Resources Plc (AIM: SAV) is a growth oriented, multi-commodity, mineral development company.
Mozambique
Savannah operates the Mutamba heavy mineral sands project in Mozambique in collaboration with Rio Tinto, and can earn a 51% interest in the related Consortium, which has an established initial Indicated and Inferred Mineral Resource Estimate of 3.5 billion tonnes at 3.8% THM over the Jangamo and Dongane deposits. Under the terms of the Consortium Agreement with Rio Tinto, upon delivery by Savannah of the following Savannah will earn the corresponding interest in the Mutamba Project: Scoping Study - 20%; Pre-Feasibility Study - 35%; Feasibility Study - 51%. Additionally, the Consortium Agreement includes an offtake agreement on commercial terms for the sale of 100% of production to Rio Tinto (or an affiliate).
Oman
Savannah has interests in two copper blocks in the highly prospective Semail Ophiolite Belt in Oman. The projects, which have an Indicated and Inferred Mineral Resource of 1.7Mt @ 2.2% copper and high grade intercepts of up to 56.35m at 6.21% Cu, with gold credits, provide Savannah with an excellent opportunity to potentially evolve into a mid-tier copper and gold producer in a relatively short time frame. Together with its Omani partners, Savannah aims to outline further mineral resources to provide the critical mass for a central operating plant to develop the deposits and in December 2015 outlined exploration targets of between 10,700,000 and 29,250,000 tonnes grading between 1.4% and 2.4% copper.
Finland
Savannah has Reservation Permits over two new lithium projects, Somero and Erajarvi, covering an area of 159km(2) in Finland. Savannah holds a 100% interest in these projects through its Finnish subsidiary Finkallio Oy. Geological mapping by the Finnish Government within the project areas has highlighted the presence of lithium minerals spodumene, lepidolite and petalite with the Government also identifying Somero and Erajarvi as one of the most prospective areas to discover lithium deposits in Finland. Follow up work to further expand and define the pegmatites in readiness for drilling is being planned for the second quarter of 2017 (after winter).
APPIX 1 - JORC 2012 Table 1
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 (eg cut channels, * Reverse circulation, air-core drill samples were
random chips, or specific specialised industry taken at 3m intervals. All holes were drilled
standard measurement tools appropriate to the vertically with NQ sized drill rods. Large plastic
minerals under investigation, such as down hole gamma bags were placed under a cyclone to capture a
sondes, or handheld XRF instruments, etc). These complete 3m run of sediment intersected by the drill.
examples should not be taken as limiting the broad The bulk sample was then dried and split using a
meaning of sampling. rotary splitter to get a sub sample of 500 to 700g
for heavy mineral determination
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Include reference to measures taken to ensure sample * Air-Core Drilling. Drilling is conducted on a regular
representivity and the appropriate calibration of any grid using air-core drilling technology, an industry
measurement tools or systems used. standard drilling technique for HM deposits. Drilling
rods are 3m long and 1 sample is taken for each rod
interval.
* Collar surveys are carried using hand held GPS with
an accuracy to within 5m, and the z direction was
determined by satellite derived elevation data and is
accurate to less than a metre.
* A bulk sample of a run from a 3m drill rod was dried
and weighted to assess the expected recovery for each
interval. Dried sample weights were plotted against
an "expected" value and were used to monitor the
recovery of each drilled interval.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Aspects of the determination of mineralisation that * Heavy minerals occur disseminated within sedimentary
are Material to the Public Report. units. At Ravene there are units deposited as aeolian
dunes with vertical continuity. Mineralised zones
extend for many hundreds of metres to kilometers
* In cases where 'industry standard' work has been done along strike with minor local variability.
this would be relatively simple (eg 'reverse
circulation drilling was used to obtain 1 m samples
from which 3 kg was pulverised to produce a 30 g * Down hole sampling is carried out at 3m intervals
charge for fire assay'). In other cases more coinciding with the length of a drill rod. The sample
explanation may be required, such as where there is interval is considered standard for gaining an
coarse gold that has inherent sampling problems. understanding of the vertical extent and continuity
Unusual commodities or mineralisation types (eg of mineralisation. Bulk samples at the rig were dried
submarine nodules) may warrant disclosure of detailed and split to 500g to 700g sub samples for heavy
information. mineral and slimes analysis.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Drilling
techniques * Drill type (eg core, reverse circulation, open-hole * NQ air-core drilling with hole diameter approximately
hammer, rotary air blast, auger, Bangka, sonic, etc) 81mm, and a drill rod diameter of approximately 75mm,
and details (eg core diameter, triple or standard all holes are vertical. Air-core drilling is a form
tube, depth of diamond tails, face-sampling bit or of reverse circulation drilling requiring annular
other type, whether core is oriented and if so, by drill rods. Compressed air is pumped down the outer
what method, etc). tube and the sample is collected from the open face
drilling bit and blown up the inner tube. It is well
suited to drilling unconsolidated sediments and it is
one of the few drilling techniques to give good
sample quality below the water table.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Drill
sample * Method of recording and assessing core and chip * Field assessment of sample volume. A theoretical
recovery sample recoveries and results assessed. dried sample mass was estimated to be within the
range of 18 kg to 24 Kg, 70% of samples are within
the expected range. Lower than average sample
recovery is recorded only for the very top of the
drill hole due to air and sample losses into the
surrounding soil. At Ravene the water table was very
rarely encountered. When the water table was
encountered. In order to avoid sample contamination
from upper intervals, cyclone and hoses were flushed
before a new sample interval run in saturated soil
conditions.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Measures taken to maximise sample recovery and ensure * The entire drill sample is delivered to the
representative nature of the samples. laboratory for further analysis, thereby eliminating
the possibility of sample bias caused by splitting
the sample in the field.
* Sample bias and segregation are kept to a minimum
with the whole sample interval collected in large
plastic bags at the rig and transported to the
laboratory, where they are placed into large metal
trays and the whole sample air dried. The dried
samples were broken up in the trays and returned to
the sample bag for splitting.
* Low recoveries were observed in transitions between
dune types. Higher slimes in underlying
non-mineralised units were encountered which slowed
the rigs usual advance rate. When this occurred water
was injected into the airstream to stop clay
particles from accreting to the inside of the inner
tube and blocking it.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Whether a relationship exists between sample recovery * Materials sampled by the air-core drilling rig can be
and grade and whether sample bias may have occurred dry, moist or wet. Dry samples may lose some of their
due to preferential loss/gain of fine/coarse slimes fraction due to blowing out of the sampling
material. equipment. The amount of dust coming out of the
cyclone was monitored and kept to an absolute
minimum. HM and oversize are not expected to be
affected. Moist drill samples (the most commonly
found at Ravene) are the most representative as the
whole sample is returned as "clumps" of material from
the bit face. There is no chance for HM or slimes to
segregate in the moist samples, because all of the
material stays stuck together. When dust levels were
high water was generally injected into the airstream
to maintain integrity of the sample fractions.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Logging
* Whether core and chip samples have been geologically * All drill holes were logged in the field at the time
and geotechnically logged to a level of detail to of sampling. Each 3m sample interval was carefully
support appropriate Mineral Resource estimation, homogenised and assessed for lithology, colour, grain
mining studies and metallurgical studies. size, degree of roundness and sorting. Each interval
was semi quantitatively assessed for slimes content
and heavy mineral concentrations by washing and
* Whether logging is qualitative or quantitative in panning a standard representative subsample.
nature. Core (or costean, channel, etc) photography.
* Virtually all of the drill samples are sand with
* The total length and percentage of the relevant minor silt. Drillhole logs are useful in separating
intersections logged. geology units and for checking the laboratory results,
but do not provide any information additional to the
laboratory data that is fundamentally required for
the resource estimation.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Sub-sampling
techniques * If core, whether cut or sawn and whether quarter, * The full sample of each 3m drill run was sampled in
and sample half or all core taken. the field and after logging was labeled and sealed
preparation and taken to the laboratory for analysis. The
complete sample was dried in large metal trays and
* If non-core, whether riffled, tube sampled, rotary once dry the sample is placed into a container to be
split, etc and whether sampled wet or dry. broken up into individual particles for
homogenization. The complete dry sample weight is
recorded and then two sub samples of 500 to 700g are
made using a rotary splitter one sample is for
analysis and the other sample is for reference.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* For all sample types, the nature, quality and * All drill samples consist of sand, or silty sand. For
appropriateness of the sample preparation technique. these samples the sample preparation method is
appropriate.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Quality control procedures adopted for all * All sample preparation and analysis stages are
sub-sampling stages to maximise representivity of documented as a set of standard operating procedures.
samples.
* All stages of the analytical process are monitored by
the laboratory supervisor to ensure all procedures
are being adhered to.
* All weights are automatically captured by the use of
an in-house laboratory information management system
(LIMS) software, which minimizes any human data input
and the risk of mistyping values into the database.
* In-house reference standards, blanks and duplicates
are routinely inserted in the sample sequence at a
rate of 1:20 to assess the quality of sampling and
analysis.
* Drill holes were also twinned at a rate of 1:20
holes.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Measures taken to ensure that the sampling is * The entire interval sampled is collected and
representative of the in situ material collected, delivered to the laboratory. Care is taken with the
including for instance results for field sample collection and handling to ensure that the
duplicate/second-half sampling. sample delivered to the laboratory is representative
of the interval drilled.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Whether sample sizes are appropriate to the grain * The three-metre drill sample of nominal size is
size of the material being sampled. considered large enough to reliably capture the HM,
slimes and oversize characteristics of the in-situ
material.
* The 500g sub sample is considered sufficient large to
consistently determine the concentration of heavy
minerals. The sample size is also considered large
enough to assess slimes content and the oversize
fraction.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Quality
of assay * The nature, quality and appropriateness of the * Sieving is carried out to assess the amount of
data and assaying and laboratory procedures used and whether particles greater than 1mm (oversize) and the amount
laboratory the technique is considered partial or total. of material less than 45 microns (slimes).
tests
* The heavy mineral concentration of each sample is
determined by carrying a heavy liquid separation
(HLS) using an industry-approved liquid with a
density of 2.85g/cm3. The heavy liquid is
water-soluble and density is monitored closely.
* The heavy minerals are separated from the lighter
minerals (mainly quartz) by sinking in the heavy
liquid medium. The heavy minerals are then separated,
washed and weighed.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Not used.
* For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model,
reading times, calibrations factors applied and their
derivation, etc.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Nature of quality control procedures adopted (eg * Field duplicate samples are inserted into each
standards, blanks, duplicates, external laboratory processing batch at a rate of 1:20 samples. External
checks) and whether acceptable levels of accuracy (ie laboratories are also used to analyze the duplicate
lack of bias) and precision have been established. samples and used as a comparison.
* Blank samples consisting of either pure quartz sand
or the waste light minerals removed from the HLS
process are inserted 1:20 samples.
* Laboratory duplicate samples are inserted randomly in
a batch from a sample split prior to HLS.
* Standard material generated on site, consisting of a
low grade, medium grade and high grade samples were
homogenized over and extended period to ensure
uniformity. Standards were inserted at a rate of 1:20
samples.
* Light minerals fraction was randomly re-submitted to
floating tests way to assess possible remaining
trapped heavy minerals content.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Verification
of sampling * The verification of significant intersections by * Mineral sands drilling involves numerous drill holes
and assaying either independent or alternative company personnel. over large areas with generally, moderate grade
intersections. High grade are sometimes encountered
however the intersections are a relatively
insignificant part of the overall mineralisation,
high grade results are often checked by examining the
HM "sinks" from the analysis (the HM resulting from
the analysis process is stored for further testing).
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* The use of twinned holes. * Drill holes were twinned routinely every 20 holes.
The initial hole was drilled at the specified
location and then the rig was moved no more than 2m
from the original hole and drilled and sampled to the
same depth.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Documentation of primary data, data entry procedures, * In the laboratory the data is recorded directly into
data verification, data storage (physical and the in-house LIMS software. Once a week the
electronic) protocols. laboratory data is verified by a database manager who
runs QA/QC reports. The drill hole collar, survey and
geological logging data was also sent for
incorporation into the database. The full data was
then returned to the onsite geologists for checking,
and then uploaded into a secure Acquire database
platform.
* Data is loaded into relevant software for cross
sections to be plotted with THM and slime
concentrations and interpreted geology so that the
base of mineralisation can be reliably predicted.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
* Discuss any adjustment to assay data. * No adjustments are made to the assay data for the
purposes of public reporting.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Location
of data * Accuracy and quality of surveys used to locate drill * The coordinate of each hole was taken at the time of
points holes (collar and down-hole surveys), trenches, mine drilling using a hand held GPS with an accuracy of
workings and other locations used in Mineral Resource 5m.
estimation.
* The coordinate system is UTM 36S (WGS84)
* Specification of the grid system used.
* A detailed digital elevation model has been generated
* Quality and adequacy of topographic control. for the Ravene area using available high-resolution
stereo pairs from satellite data.
* The vertical accuracy of the data is 0.5m.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Data spacing
and * Data spacing for reporting of Exploration Results. * Hole spacing is approximately 1000m by 500m at Ravene
distribution and have been designed to infill historical drilling
on a 1000m by 500m spacing so that an overall drill
* Whether the data spacing and distribution is spacing of 500m by 500m was obtained.
sufficient to establish the degree of geological and
grade continuity appropriate for the Mineral Resource
and Ore Reserve estimation procedure(s) and * Data at Ravene together with historical data is
classifications applied. sufficient to establish geological and grade
continuity needed for an inferred Mineral Resource
estimation. The current drilling, on a grid of 1000m
* Whether sample compositing has been applied. x 500m is infilling drilling of historical drilling
conducted by Rio Tinto, to obtain a density of 500m x
500m.
* Samples were composited over an interval of 3m
equaling the length of a drill rod.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Orientation
of data * Whether the orientation of sampling achieves unbiased * The mineralisation at Ravene has two trends, the
in relation sampling of possible structures and the extent to first is the major trend following the general
to which this is known, considering the deposit type. direction of the coast line. The second trend is
geological dictated by dune morphology.
structure
* If the relationship between the drilling orientation
and the orientation of key mineralised structures is * The drill holes are arranged along lines that are
considered to have introduced a sampling bias, this oriented perpendicular to the major coastal trend,
should be assessed and reported if material. and the orientation and 500m x 500m spacing of holes
is considered effective and unbiased in testing the
mineralisation.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Sample
security * The measures taken to ensure sample security. * Chain of custody is managed by Savannah. Samples are
stored on site in a locked yard. Check samples are
then transported to Johannesburg by road freight.
Savannah personnel have no contact with the samples
once they have been dispatched.
* HM samples are retrieved as necessary when further
mineralogical analysis is required.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Audits
or reviews * The results of any audits or reviews of sampling * An audit and review of the sampling techniques and
techniques and data. data have been completed by an independent third
party who confirmed that they were appropriate and
are being conducted to a suitable standard.
------------- ------------------------------------------------------------ ------------------------------------------------------------------------
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Mineral
tenement * Type, reference name/number, location and ownership * The Ravene prospect is located with the exploration
and land including agreements or material issues with third permit 566L where Savannah is earning a 51% interest
tenure parties such as joint ventures, partnerships, in the Block with the remainder being held by JV
status overriding royalties, native title interests, partner Rio Tinto.
historical sites, wilderness or national park and
environmental settings.
* The tenement is subject to a memorandum of
understanding (MoU) between Rio Tinto and the
* The security of the tenure held at the time of Mozambican government. The MoU grants Rio Tinto a
reporting along with any known impediments to right of priority to a mining concession in the area
obtaining a license to operate in the area. covered by the MoU during its term.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Exploration
done by * Acknowledgment and appraisal of exploration by other * At Ravene, Rio Tinto carried out various field
other parties parties. programs from 2000 to 2004, which consisted of
sampling using a hand auger and an RC drill program.
Interpretation of the field results has been ongoing
up to 2013.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Geology
* Deposit type, geological setting and style of * The mineralisation at Ravene is hosted in a sequence
mineralisation. of older dune sands that are situated approximately
5km from the present coast line. The general trend of
dunes is to the northeast, parallel with the present
coast. The dunes themselves are a series of parabolic
dunes representing ancient blowouts with
mineralisation occurring in both the dune faces and
arms of the blowouts. The mineralised dunes, have
been mapped as the third in a sequence of older dunes
that overlie the fluvial sediments of the Mutamba
river. The oldest dunes D1 are characterised by high
slimes and a deep red colour and are not present in
the Ravene area. The next oldest D2 sands form a
basement to the D3 mineralisation seen at Ravene are
characterized by a slight colour change, an increase
in slimes and lower THM. Overlying the mineralised D3
unit to the east are more recent coastal dunes (D4)
that have been blown inland.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Drill hole
Information * A summary of all information material to the * The location of the drilling at Ravene is summarised
understanding of the exploration results including a in the body of this release.
tabulation of the following information for all
Material drill holes:
* Previously completed holes by Rio Tinto are not all
reported in this release.
o easting and northing of
the drill hole collar
o elevation or RL (Reduced * All holes completed in this program by Savannah have
Level - elevation above been reported in this release.
sea level in metres) of
the drill hole collar
o dip and azimuth of the
hole
o down hole length and interception
depth
o hole length.
* If the exclusion of this information is justified on
the basis that the information is not Material and
this exclusion does not detract from the
understanding of the report, the Competent Person
should clearly explain why this is the case.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Data
aggregation * In reporting Exploration Results, weighting averaging * No assays were reported as part of this release as
methods techniques, maximum and/or minimum grade truncations results are still pending
(eg cutting of high grades) and cut-off grades are
usually Material and should be stated.
* Where aggregate intercepts incorporate short lengths
of high grade results and longer lengths of low grade
results, the procedure used for such aggregation
should be stated and some typical examples of such
aggregations should be shown in detail.
* The assumptions used for any reporting of metal
equivalent values should be clearly stated.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Relationship
between * These relationships are particularly important in the * Exploration results are reported as length weighted
mineralisation reporting of Exploration Results. averages.
widths
and intercept
lengths * If the geometry of the mineralisation with respect to * No high grade cuts have been applied to the reporting
the drill hole angle is known, its nature should be of the exploration results.
reported.
* No metal equivalent values have been used.
* If it is not known and only the down hole lengths are
reported, there should be a clear statement to this
effect (eg 'down hole length, true width not known'). * The drill holes are vertical and the mineralisation
is sub vertical.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Diagrams
* Appropriate maps and sections (with scales) and * Relevant diagrams and maps have been included in the
tabulations of intercepts should be included for any main body of the release.
significant discovery being reported These should
include, but not be limited to a plan view of drill
hole collar locations and appropriate sectional
views.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Balanced * All results have been reported.
reporting * Where comprehensive reporting of all Exploration
Results is not practicable, representative reporting
of both low and high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Other
substantive * Other exploration data, if meaningful and material, * The interpretation of the results at Ravene are
exploration should be reported including (but not limited to): consistent with the observations and information
data geological observations; geophysical survey results; obtained from historical data collected.
geochemical survey results; bulk samples - size and
method of treatment; metallurgical test results; bulk
density, groundwater, geotechnical and rock
characteristics; potential deleterious or
contaminating substances.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Further
work * The nature and scale of planned further work (eg * No further drilling is planned with recent drilling
tests for lateral extensions or depth extensions or to be incorporated into a mineral resource estimate
large-scale step-out drilling). when they become available
* Diagrams clearly highlighting the areas of possible
extensions, including the main geological
interpretations and future drilling areas, provided
this information is not commercially sensitive.
--------------- --------------------------------------------------------------- ------------------------------------------------------------------
Appendix 1. Drill hole collar summary (Datum : UTM36, all holes were vertical)
HoleID HoleType Prospect UTM_East UTM_North RL Depth Company
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4892 RC_NQ Ravene 748531 7333197 70.1 20.5 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4893 RC_NQ Ravene 748939 7332908 55.8 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4896 RC_NQ Ravene 749210 7331535 68.9 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4897 RC_NQ Ravene 749549 7331324 59.4 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4898 RC_NQ Ravene 748788 7331803 72.5 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4899 RC_NQ Ravene 748383 7332080 76.2 45 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4900 RC_NQ Ravene 747962 7332359 85.6 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4901 RC_NQ Ravene 747965 7332364 85.4 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4902 RC_NQ Ravene 747531 7332653 54.8 30 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4903 RC_NQ Ravene 747136 7332917 33.4 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4904 RC_NQ Ravene 746991 7331810 29.8 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4905 RC_NQ Ravene 747406 7331529 37.1 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4906 RC_NQ Ravene 747821 7331252 73.2 48 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4907 RC_NQ Ravene 748232 7330956 52.6 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4908 RC_NQ Ravene 748666 7330679 89.6 45 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4909 RC_NQ Ravene 749060 7330405 74.6 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4910 RC_NQ Ravene 748502 7329581 63.9 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4911 RC_NQ Ravene 748085 7329859 69.5 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4912 RC_NQ Ravene 747665 7330145 88.4 57 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4913 RC_NQ Ravene 747261 7330421 66.5 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4914 RC_NQ Ravene 746849 7330699 54.2 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4915 RC_NQ Ravene 746702 7329588 68.2 36 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4916 RC_NQ Ravene 747115 7329313 49.5 15 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4917 RC_NQ Ravene 747532 7329030 74 57 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4918 RC_NQ Ravene 747798 7327643 52.7 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4919 RC_NQ Ravene 747387 7327923 81.6 30 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4920 RC_NQ Ravene 746919 7328163 67.7 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4921 RC_NQ Ravene 746560 7328481 71 39 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4922 RC_NQ Ravene 746142 7328760 46.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4923 RC_NQ Ravene 746136 7328760 45.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4924 RC_NQ Ravene 746408 7327378 51.8 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4925 RC_NQ Ravene 746836 7327107 74.4 45 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4926 RC_NQ Ravene 747235 7326818 86.1 48 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4927 RC_NQ Ravene 747654 7326547 62.9 45 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4928 RC_NQ Ravene 748057 7326268 48.6 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4929 RC_NQ Ravene 746698 7325991 67.3 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4930 RC_NQ Ravene 746266 7326260 52.5 27 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4931 RC_NQ Ravene 745848 7326558 39.3 15 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4932 RC_NQ Ravene 747096 7325706 86.5 48 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4933 RC_NQ Ravene 747510 7325429 68.4 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4934 RC_NQ Ravene 747915 7325179 37.1 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4935 RC_NQ Ravene 748358 7324878 16.4 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4936 RC_NQ Ravene 748068 7324492 13.5 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4937 RC_NQ Ravene 747630 7324828 50.3 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4938 RC_NQ Ravene 747790 7324030 18 30 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4939 RC_NQ Ravene 747367 7324319 55.3 51 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4940 RC_NQ Ravene 746950 7324611 63.3 51 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4941 RC_NQ Ravene 746955 7324615 62.5 51 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4942 RC_NQ Ravene 745291 7325698 47.9 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4943 RC_NQ Ravene 745706 7325438 36 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4944 RC_NQ Ravene 746120 7325159 76.6 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4945 RC_NQ Ravene 746539 7324877 79.6 54 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4946 RC_NQ Ravene 745557 7324337 66.4 39 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4947 RC_NQ Ravene 745188 7324614 67.7 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4948 RC_NQ Ravene 744938 7324235 34.2 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4949 RC_NQ Ravene 745269 7324010 42.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4950 RC_NQ Ravene 744629 7323792 34.7 12 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4951 RC_NQ Ravene 744962 7323570 58.4 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4952 RC_NQ Ravene 744571 7320159 54.9 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4953 RC_NQ Ravene 744883 7319994 30.6 14 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4954 RC_NQ Ravene 744158 7320451 74.3 46 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4955 RC_NQ Ravene 743755 7320728 45.3 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4956 RC_NQ Ravene 743169 7319923 62.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4957 RC_NQ Ravene 743599 7319619 71.9 28 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4958 RC_NQ Ravene 743998 7319365 84.8 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4959 RC_NQ Ravene 744456 7319107 52.6 30 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4960 RC_NQ Ravene 744799 7318809 32.1 15 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4961 RC_NQ Ravene 744799 7318805 31.7 15 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4962 RC_NQ Ravene 744268 7317985 38.9 16 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4963 RC_NQ Ravene 743795 7318291 79.2 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4964 RC_NQ Ravene 743035 7318805 68.3 15 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4965 RC_NQ Ravene 743503 7318613 92.4 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4966 RC_NQ Ravene 742890 7317686 72.2 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4967 RC_NQ Ravene 743286 7317335 79.5 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4968 RC_NQ Ravene 744163 7316902 25.5 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4969 RC_NQ Ravene 743732 7317119 57.9 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4970 RC_NQ Ravene 742728 7316601 74.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4971 RC_NQ Ravene 743162 7316296 56.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4972 RC_NQ Ravene 742205 7315768 78.6 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4973 RC_NQ Ravene 741766 7316041 73 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4974 RC_NQ Ravene 741357 7316308 64.4 30 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4975 RC_NQ Ravene 740914 7316578 51.8 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4976 RC_NQ Ravene 740776 7316160 60.3 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4977 RC_NQ Ravene 740389 7315761 64.6 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4978 RC_NQ Ravene 740794 7315480 73.4 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4979 RC_NQ Ravene 741210 7315201 98.3 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4980 RC_NQ Ravene 741637 7314859 52.6 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4981 RC_NQ Ravene 741072 7314079 71.7 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4982 RC_NQ Ravene 740632 7314392 98.3 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4983 RC_NQ Ravene 740630 7314389 98.4 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4984 RC_NQ Ravene 740247 7314645 52.9 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4985 RC_NQ Ravene 739411 7314190 74 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4986 RC_NQ Ravene 739780 7313895 117.9 27 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4987 RC_NQ Ravene 740506 7314047 95.5 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4988 RC_NQ Ravene 740969 7313832 51 27 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4998 RC_NQ Ravene 741209 7316083 84.3 48 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
4999 RC_NQ Ravene 741802 7315846 71 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5000 RC_NQ Ravene 743473 7317297 82.7 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5001 RC_NQ Ravene 743476 7317293 82.6 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5002 RC_NQ Ravene 743497 7318843 88.4 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5003 RC_NQ Ravene 744328 7320835 64 42 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5004 RC_NQ Ravene 749384 7332328 74.7 21 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5005 RC_NQ Ravene 749335 7332612 63.6 18 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5006 RC_NQ Ravene 748118 7333475 77.5 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5007 RC_NQ Ravene 748192 7333889 68.2 39 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5008 RC_NQ Ravene 748752 7334183 84.4 24 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
Savannah
5009 RC_NQ Ravene 737906 7314524 77.3 33 Resources
------- --------- --------- --------- ---------- ------ ------ -----------
2583 RC_NQ Ravene 737421 7314847 145 54 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2584 RC_NQ Ravene 736999 7315092 111 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2585 RC_NQ Ravene 738275 7315325 110 33 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2586 RC_NQ Ravene 737935 7315676 108 36 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2587 RC_NQ Ravene 737576 7315984 105 36 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2588 RC_NQ Ravene 739338 7315919 121 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2589 RC_NQ Ravene 739740 7315640 96 51 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2590 RC_NQ Ravene 740991 7314817 75 51 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2591 RC_NQ Ravene 741403 7314544 99 51 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2592 RC_NQ Ravene 741187 7315886 68 42 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2593 RC_NQ Ravene 741557 7315639 100 57 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2594 RC_NQ Ravene 741976 7315353 77 48 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2595 RC_NQ Ravene 742404 7315099 92 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2596 RC_NQ Ravene 742649 7314922 26 39 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2597 RC_NQ Ravene 743161 7315824 11 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2598 RC_NQ Ravene 743911 7316470 9 24 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2599 RC_NQ Ravene 744891 7320619 6 21 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2600 RC_NQ Ravene 744761 7319508 70 39 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2700 RC_NQ Ravene 744332 7319783 40 54 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2701 RC_NQ Ravene 743909 7320069 70 54 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2702 RC_NQ Ravene 743795 7318974 84 56 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2706 RC_NQ Ravene 744207 7318677 98 63 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2707 RC_NQ Ravene 744608 7318427 65 51 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2708 RC_NQ Ravene 744503 7317271 27 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2709 RC_NQ Ravene 744034 7317583 29 42 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2710 RC_NQ Ravene 743706 7317862 54 33 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2711 RC_NQ Ravene 743246 7318118 86 54 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2712 RC_NQ Ravene 742947 7319504 67 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2714 RC_NQ Ravene 743388 7319259 75 27 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2715 RC_NQ Ravene 743496 7320360 67 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2716 RC_NQ Ravene 743109 7317058 55 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2718 RC_NQ Ravene 743423 7316733 73 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2719 RC_NQ Ravene 743236 7316845 58 42 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2720 RC_NQ Ravene 741675 7316757 79 36 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2721 RC_NQ Ravene 742104 7316477 47 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2722 RC_NQ Ravene 742516 7316184 50 33 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2723 RC_NQ Ravene 742969 7315879 70 69 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2724 RC_NQ Ravene 742766 7316039 36 42 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2725 RC_NQ Ravene 740134 7315379 60 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2727 RC_NQ Ravene 740585 7315071 73 60 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2728 RC_NQ Ravene 739605 7314551 69 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2729 RC_NQ Ravene 738209 7314286 77 48 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2738 RC_NQ Ravene 740065 7314315 110 51 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2739 RC_NQ Ravene 738607 7313985 82 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2740 RC_NQ Ravene 739169 7314841 86 60 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2741 RC_NQ Ravene 738789 7315099 79 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2742 RC_NQ Ravene 743687 7321448 92 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2743 RC_NQ Ravene 744071 7321159 49 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2744 RC_NQ Ravene 744509 7320898 46 30 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ -----------
2745 RC_NQ Ravene 744233 7322287 50 45 Rio Tinto
------- --------- --------- --------- ---------- ------ ------ ----------- 2746 RC_NQ Ravene 744660 7322007 30 24 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2747 RC_NQ Ravene 744369 7323398 27 27 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2748 RC_NQ Ravene 744773 7323131 29 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2749 RC_NQ Ravene 745064 7325330 41 27 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2750 RC_NQ Ravene 745494 7325059 50 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2751 RC_NQ Ravene 745907 7324777 55 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2752 RC_NQ Ravene 746357 7324598 67 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2753 RC_NQ Ravene 746847 7324342 70 39 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2754 RC_NQ Ravene 745615 7326172 77 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2755 RC_NQ Ravene 745984 7325899 38 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2756 RC_NQ Ravene 746479 7325595 50 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2757 RC_NQ Ravene 746874 7325307 70 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2758 RC_NQ Ravene 747426 7326163 68 39 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2759 RC_NQ Ravene 747861 7325870 84 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2760 RC_NQ Ravene 747314 7325076 60 36 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2761 RC_NQ Ravene 747005 7326396 80 54 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2762 RC_NQ Ravene 746622 7326721 92 54 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2763 RC_NQ Ravene 746181 7326985 46 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2764 RC_NQ Ravene 744547 7324504 43 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2773 RC_NQ Ravene 744670 7325613 58 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2774 RC_NQ Ravene 745197 7326438 76 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2775 RC_NQ Ravene 748422 7326689 40 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2777 RC_NQ Ravene 747994 7326978 38 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2778 RC_NQ Ravene 747586 7327275 51 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2779 RC_NQ Ravene 747141 7327598 64 39 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2780 RC_NQ Ravene 746762 7327829 80 69 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2781 RC_NQ Ravene 746326 7328121 67 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2782 RC_NQ Ravene 746481 7329215 55 36 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2784 RC_NQ Ravene 746901 7328928 46 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2785 RC_NQ Ravene 747301 7328661 74 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2786 RC_NQ Ravene 747709 7328371 65 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2787 RC_NQ Ravene 748130 7328106 61 45 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2788 RC_NQ Ravene 749111 7328643 43 45 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2790 RC_NQ Ravene 748711 7328902 36 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2791 RC_NQ Ravene 748282 7329192 45 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2792 RC_NQ Ravene 747871 7329469 53 54 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2793 RC_NQ Ravene 747484 7329750 74 66 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2794 RC_NQ Ravene 747037 7330022 76 66 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2795 RC_NQ Ravene 746625 7330331 58 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2796 RC_NQ Ravene 747181 7331162 47 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2797 RC_NQ Ravene 747601 7330867 43 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2798 RC_NQ Ravene 748015 7330591 87 69 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2799 RC_NQ Ravene 748439 7330323 71 66 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2800 RC_NQ Ravene 748891 7330063 69 57 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2801 RC_NQ Ravene 749228 7329760 59 36 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2802 RC_NQ Ravene 749387 7330868 49 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2803 RC_NQ Ravene 748997 7331147 57 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2804 RC_NQ Ravene 748555 7331367 81 45 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2805 RC_NQ Ravene 748158 7331704 97 69 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2806 RC_NQ Ravene 747737 7331973 101 54 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2807 RC_NQ Ravene 747297 7332263 70 54 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2808 RC_NQ Ravene 747471 7333391 39 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2809 RC_NQ Ravene 747885 7333089 53 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2810 RC_NQ Ravene 748328 7332826 91 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2811 RC_NQ Ravene 748714 7332522 72 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2812 RC_NQ Ravene 749137 7332255 70 39 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2813 RC_NQ Ravene 749499 7331980 55 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2814 RC_NQ Ravene 750027 7332828 57 51 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2815 RC_NQ Ravene 749693 7333077 57 39 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2816 RC_NQ Ravene 749266 7333352 54 45 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2817 RC_NQ Ravene 748834 7333642 28 27 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ -----------
2818 RC_NQ Ravene 748414 7333897 73 42 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2819 RC_NQ Ravene 748030 7334192 62 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 2820 RC_NQ Ravene 737109 7314359 76 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 3296 RC_NQ Ravene 737568 7314325 104 48 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 3297 RC_NQ Ravene 736634 7315294 105 36 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 3307 RC_NQ Ravene 737085 7315309 112 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 3308 RC_NQ Ravene 737593 7315300 125 30 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ ----------- 3309 RC_NQ Ravene 737593 7315300 129 33 Rio Tinto ------- --------- --------- --------- ---------- ------ ------ -----------
Appendix 2. Average total heavy minerals from drill holes with a greater than 3% THM supported cut off.
HoleID Prospect1 From Ave THM
To % Company
------- ---------- ----- --- -------- -------------------
4896 Ravene 0 21 4.3 Savannah Resources
------- ---------- ----- --- -------- -------------------
4898 Ravene 0 9 3.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
4899 Ravene 0 36 3.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4902 Ravene 0 18 3.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
4906 Ravene 0 36 3.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4908 Ravene 0 36 3.2 Savannah Resources
------- ---------- ----- --- -------- -------------------
4909 Ravene 0 6 3.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
4910 Ravene 0 18 3.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4912 Ravene 0 33 3.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4914 Ravene 0 9 3.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
4915 Ravene 0 6 4.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
4920 Ravene 0 15 3.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4921 Ravene 0 27 3.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
4925 Ravene 0 27 4.5 Savannah Resources
------- ---------- ----- --- -------- -------------------
4926 Ravene 0 33 4.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
4927 Ravene 0 24 3.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
4929 Ravene 0 15 4.3 Savannah Resources
------- ---------- ----- --- -------- -------------------
4930 Ravene 0 18 4.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
4932 Ravene 0 39 6.2 Savannah Resources
------- ---------- ----- --- -------- -------------------
4939 Ravene 0 33 4.9 Savannah Resources
------- ---------- ----- --- -------- -------------------
4940 Ravene 0 18 5.7 Savannah Resources
------- ---------- ----- --- -------- -------------------
4944 Ravene 0 36 5.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
4945 Ravene 0 21 7.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
4946 Ravene 0 27 7.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
4949 Ravene 0 6 4.3 Savannah Resources
------- ---------- ----- --- -------- -------------------
4951 Ravene 0 15 3.7 Savannah Resources
------- ---------- ----- --- -------- -------------------
4952 Ravene 0 15 7.7 Savannah Resources
------- ---------- ----- --- -------- -------------------
4954 Ravene 0 42 5.9 Savannah Resources
------- ---------- ----- --- -------- -------------------
4957 Ravene 0 24 5.7 Savannah Resources
------- ---------- ----- --- -------- -------------------
4958 Ravene 0 6 3.2 Savannah Resources
------- ---------- ----- --- -------- -------------------
4959 Ravene 0 21 3.8 Savannah Resources
------- ---------- ----- --- -------- -------------------
4965 Ravene 0 15 3.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
4967 Ravene 0 12 4.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
4969 Ravene 0 9 3.2 Savannah Resources
------- ---------- ----- --- -------- -------------------
4973 Ravene 0 18 3.9 Savannah Resources
------- ---------- ----- --- -------- -------------------
4974 Ravene 0 18 3.8 Savannah Resources
------- ---------- ----- --- -------- -------------------
4979 Ravene 0 36 6.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
4982 Ravene 0 24 3.9 Savannah Resources
------- ---------- ----- --- -------- -------------------
4987 Ravene 0 9 4.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
4998 Ravene 0 39 6.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
5000 Ravene 0 27 6.7 Savannah Resources
------- ---------- ----- --- -------- -------------------
5002 Ravene 0 6 3.1 Savannah Resources
------- ---------- ----- --- -------- -------------------
5003 Ravene 0 36 5.4 Savannah Resources
------- ---------- ----- --- -------- -------------------
5004 Ravene 0 9 4.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
5007 Ravene 0 18 4.0 Savannah Resources
------- ---------- ----- --- -------- -------------------
5009 Ravene 0 24 4.6 Savannah Resources
------- ---------- ----- --- -------- -------------------
2583 Ravene 0 42 3.9 Rio Tinto
------- ---------- ----- --- -------- -------------------
2591 Ravene 0 33 6.0 Rio Tinto
------- ---------- ----- --- -------- -------------------
2592 Ravene 0 9 3.4 Rio Tinto
------- ---------- ----- --- -------- -------------------
2593 Ravene 0 48 7.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2594 Ravene 0 27 3.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2598 Ravene 0 18 3.7 Rio Tinto
------- ---------- ----- --- -------- -------------------
2700 Ravene 0 51 3.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2701 Ravene 0 39 3.8 Rio Tinto
------- ---------- ----- --- -------- -------------------
2702 Ravene 0 45 5.6 Rio Tinto
------- ---------- ----- --- -------- -------------------
2706 Ravene 0 51 5.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2710 Ravene 0 9 3.6 Rio Tinto
------- ---------- ----- --- -------- -------------------
2711 Ravene 0 27 5.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2720 Ravene 0 9 5.6 Rio Tinto
------- ---------- ----- --- -------- -------------------
2724 Ravene 0 12 6.1 Rio Tinto
------- ---------- ----- --- -------- -------------------
2738 Ravene 0 21 4.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2750 Ravene 0 6 6.7 Rio Tinto
------- ---------- ----- --- -------- -------------------
2751 Ravene 0 12 4.9 Rio Tinto
------- ---------- ----- --- -------- -------------------
2752 Ravene 0 30 4.3 Rio Tinto
------- ---------- ----- --- -------- -------------------
2753 Ravene 0 21 4.8 Rio Tinto
------- ---------- ----- --- -------- -------------------
2754 Ravene 0 36 4.4 Rio Tinto
------- ---------- ----- --- -------- -------------------
2756 Ravene 0 15 3.0 Rio Tinto
------- ---------- ----- --- -------- -------------------
2757 Ravene 0 39 5.5 Rio Tinto
------- ---------- ----- --- -------- -------------------
2758 Ravene 0 24 5.5 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2759 Ravene 0 6 3.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2761 Ravene 0 33 3.7 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2762 Ravene 0 30 8.3 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2780 Ravene 0 63 5.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2781 Ravene 0 21 5.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2785 Ravene 0 33 4.6 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2786 Ravene 0 6 3.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2788 Ravene 0 33 3.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2792 Ravene 0 6 3.2 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2794 Ravene 0 12 4.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2795 Ravene 0 15 5.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2797 Ravene 0 9 3.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2798 Ravene 0 54 4.6 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2799 Ravene 0 42 3.6 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2800 Ravene 0 51 4.8 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2801 Ravene 0 12 4.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2803 Ravene 0 9 4.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2805 Ravene 0 63 4.9 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2806 Ravene 0 33 4.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2807 Ravene 0 33 6.5 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2810 Ravene 0 39 3.0 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2811 Ravene 0 24 5.9 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2812 Ravene 0 24 7.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2813 Ravene 0 27 4.5 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2814 Ravene 0 12 4.5 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2815 Ravene 0 21 3.4 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2818 Ravene 0 27 4.1 Rio Tinto ------- ---------- ----- --- -------- ------------------- 2820 Ravene 0 12 3.6 Rio Tinto ------- ---------- ----- --- -------- ------------------- 3307 Ravene 0 18 3.1 Rio Tinto ------- ---------- ----- --- -------- ------------------- 3308 Ravene 0 18 3.6 Rio Tinto ------- ---------- ----- --- -------- -------------------
Appendix 3. Average total heavy minerals from drill holes with a greater than 5% THM supported cut off
HoleID Prospect Average
From To THM % Company
------- --------- ----- --- -------- -------------------
4925 Ravene 0 6 6.7 Savannah Resources
------- --------- ----- --- -------- -------------------
4932 Ravene 0 36 6.5 Savannah Resources
------- --------- ----- --- -------- -------------------
4939 Ravene 0 30 5.1 Savannah Resources
------- --------- ----- --- -------- -------------------
4940 Ravene 0 15 6.1 Savannah Resources
------- --------- ----- --- -------- -------------------
4944 Ravene 0 21 6.3 Savannah Resources
------- --------- ----- --- -------- -------------------
4945 Ravene 0 15 8.1 Savannah Resources
------- --------- ----- --- -------- -------------------
4946 Ravene 0 27 7.1 Savannah Resources
------- --------- ----- --- -------- -------------------
4952 Ravene 0 12 8.7 Savannah Resources
------- --------- ----- --- -------- -------------------
4954 Ravene 0 33 6.3 Savannah Resources
------- --------- ----- --- -------- -------------------
4957 Ravene 0 21 5.9 Savannah Resources
------- --------- ----- --- -------- -------------------
4967 Ravene 0 6 5.1 Savannah Resources
------- --------- ----- --- -------- -------------------
4979 Ravene 0 33 6.7 Savannah Resources
------- --------- ----- --- -------- -------------------
4998 Ravene 0 39 6.1 Savannah Resources
------- --------- ----- --- -------- -------------------
5000 Ravene 0 12 10.5 Savannah Resources
------- --------- ----- --- -------- -------------------
5003 Ravene 0 24 6.2 Savannah Resources
------- --------- ----- --- -------- -------------------
5004 Ravene 0 3 5.3 Savannah Resources
------- --------- ----- --- -------- -------------------
2591 Ravene 0 30 6.3 Rio Tinto
------- --------- ----- --- -------- -------------------
2593 Ravene 0 45 7.7 Rio Tinto
------- --------- ----- --- -------- -------------------
2702 Ravene 0 42 5.8 Rio Tinto
------- --------- ----- --- -------- -------------------
2706 Ravene 0 48 5.6 Rio Tinto
------- --------- ----- --- -------- -------------------
2711 Ravene 0 27 5.5 Rio Tinto
------- --------- ----- --- -------- -------------------
2720 Ravene 0 9 5.6 Rio Tinto
------- --------- ----- --- -------- -------------------
2724 Ravene 0 9 7.0 Rio Tinto
------- --------- ----- --- -------- -------------------
2738 Ravene 0 6 5.1 Rio Tinto
------- --------- ----- --- -------- -------------------
2750 Ravene 0 6 6.7 Rio Tinto
------- --------- ----- --- -------- -------------------
2753 Ravene 0 12 6.0 Rio Tinto
------- --------- ----- --- -------- -------------------
2757 Ravene 0 27 6.4 Rio Tinto
------- --------- ----- --- -------- -------------------
2758 Ravene 0 21 5.6 Rio Tinto
------- --------- ----- --- -------- -------------------
2761 Ravene 0 6 6.3 Rio Tinto
------- --------- ----- --- -------- -------------------
2762 Ravene 0 12 15.4 Rio Tinto
------- --------- ----- --- -------- -------------------
2780 Ravene 0 63 5.4 Rio Tinto
------- --------- ----- --- -------- -------------------
2781 Ravene 0 12 5.7 Rio Tinto
------- --------- ----- --- -------- -------------------
2785 Ravene 0 15 5.4 Rio Tinto
------- --------- ----- --- -------- -------------------
2794 Ravene 0 6 5.0 Rio Tinto
------- --------- ----- --- -------- -------------------
2795 Ravene 0 15 5.0 Rio Tinto
------- --------- ----- --- -------- -------------------
2798 Ravene 0 21 6.5 Rio Tinto
------- --------- ----- --- -------- -------------------
2800 Ravene 0 30 5.9 Rio Tinto
------- --------- ----- --- -------- -------------------
2805 Ravene 0 51 5.2 Rio Tinto
------- --------- ----- --- -------- -------------------
2807 Ravene 0 18 9.1 Rio Tinto
------- --------- ----- --- -------- -------------------
2811 Ravene 0 18 6.6 Rio Tinto
------- --------- ----- --- -------- -------------------
2812 Ravene 0 21 7.9 Rio Tinto
------- --------- ----- --- -------- -------------------
2814 Ravene 0 3 5.1 Rio Tinto
------- --------- ----- --- -------- -------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLKMGZZNNMGNZM
(END) Dow Jones Newswires
February 28, 2017 02:02 ET (07:02 GMT)
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