Asiamet Resources Limited Drilling Extends Beutong Copper Mineralisation (0261X)

TIDMARS

RNS Number : 0261X

Asiamet Resources Limited

07 August 2018

   For Immediate Release                          London AIM 
   August 7, 2018                                      Symbol: ARS 

Asiamet Drilling Extends Beutong Copper Mineralisation

Asiamet Resources is pleased to report further excellent results from the current infill and extension drilling program being undertaken at the Company's 80% owned Beutong Project. Strong mineralisation has been confirmed extending beyond the 2014 Resource envelope in all holes completed thus far.

At Beutong East Porphyry ("BEP"), drill hole BEU500-01 (510.0m End of Hole "EOH") has confirmed a broad interval of high grade, near surface copper-gold-molybdenum outside the current Resource envelope.

Infill drilling confirmed moderate-grade porphyry copper-gold-molybdenum mineralisation along the eastern end of the Beutong West Porphyry ("BWP") with drill hole BEU1350-01 (750.6m "EOH") highlighting the potential for mineralisation to extend easterly into the gap between the BEP and BWP.

Copper mineralisation in both BEU500-01 and BEU1350-01 comprises covellite, chalcocite and digenite with minor chalcopyrite, demonstrating that the mineralised zones extend both laterally and at depth. Both holes were terminated due to rig capacity. Significant assay results include:

Beutong East Porphyry - BEU0500-01

   --     445.0m at 0.67% CuEq (0.54% Cu, 0.17g/t Au) from 7.0m 
   --     includes 159.0m at 0.96% CuEq (0.80% Cu, 0.22g/t Au) from 7.0m 
   --     includes 28.0m at 0.85% CuEq (0.72% Cu, 0.14g/t Au) from 192.0m 
   --     includes 21.0m at 0.73% CuEq (0.60% Cu, 0.11g/t Au) from 242.0m 
   --     includes 26.0m at 0.79% CuEq (0.62% Cu, 0.20g/t Au) from 414.0m 

Beutong West Porphyry - BEU1350-01

   --     42.0m at 0.84% CuEq (0.76% Cu, 0.06g/t Au) from 108.0m 
   --     includes 22.0m at 1.33% CuEq (1.24% Cu, 0.07g/t Au) from 110.0m 
   --     434.5m at 0.66% CuEq (0.55% Cu, 0.08g/t Au) from 254.0m 
   --     includes 22.0m at 1.11% CuEq (0.92% Cu, 0.19g/t Au) from 354.0m 
   --     includes 225.5m at 0.70% CuEq (0.60% Cu, 0.08g/t Au) from 398.0m 
   --     includes 49.5m at 0.91% CuEq (0.74% Cu, 0.12g/t Au) from 637.5m 

Peter Bird, Asiamet's Chief Executive Officer commented:

"Results received from the current round of drilling at Beutong East Porphyry demonstrate both the robustness of the central mineralised core and the substantial Resource upside potential that remains to be delineated. Mineralisation has already been extended well beyond the 2014 Resource envelope with exceptional continuity of plus 1% CuEq mineralisation reported from near surface to in excess of 400 metres and remains open to depth. Beutong's large copper-gold Resource base, when coupled together with excellent nearby infrastructure (road, power and seaport) and the potential to assess a copper leaching process, as demonstrated by the initial sequential copper assaying results, positions the project as an increasingly rare copper development opportunity. Asiamet looks forward to keeping all stakeholders updated as the drilling and metallurgical test work programs continue over the remainder of 2018."

Beutong Drilling Program

The BEP and BWP deposits are part of the larger Beutong intrusive complex, which comprises a large high-quality copper, gold, silver, molybdenum deposit that outcrops at surface and remains open both laterally and at depth. Resources contain 2.4Mt (5.3BIb) copper, 2.1Moz gold and 20.6Moz silver on 100% basis (1.92Mt (4.24Blb) copper, 1.68Moz gold and 16.48Moz silver on an 80% attributable basis), reported in accordance with the requirements of the JORC Code (2012). The deposit is located in Nagan Raya Regency, Aceh, Indonesia and held under a Mining Business License for Production Operations "IUP-OP". The deposit has excellent nearby infrastructure including major roads, grid power and a seaport.

The 2018 expansion and infill drilling program at Beutong comprises 8 holes totalling approximately 4,000 metres of diamond core. To date 5 holes have been completed and 1 hole is in progress, totalling 2,739.7 metres. Drilling aims to both expand the boundaries of the copper, gold, silver and molybdenum mineralisation at the BEP and BWP deposits and also provide representative samples of mineralised material to undertake detailed metallurgical test work including determining the leachability of the secondary copper sulphide mineral suite.

Hole BEU0500-01 was collared approximately 100 metres east of the BEP resource envelope, and intersected broad zones of phyllic altered diorite with well-developed porphyry stockwork veining (Figure 1). Mineralisation comprises chalcocite, covellite and digenite with lesser chalcopyrite at depth. Irregular zones of shallow dipping diatreme breccia occur locally, which appear to have been injected into the diorite. The hole was still in copper mineralisation at 510 metres when terminated due to rig capacity.

Hole BEU1350-01 was drilled along the eastern margin of the BWP. The hole intersected oxidised diorite porphyry to a depth of 108 metres, followed downhole by phyllic altered diorite with moderate to strong stockwork veining. Mineralisation comprises chalcocite, covellite and digenite as disseminations, along fractures and in veins. The hole was stopped at planned depth, ending in a post mineral diorite dyke. This hole confirms broad zones of porphyry style mineralisation and the next hole will test further east towards the gap area between the BWP and BEP.

At BEP, the high-grade near surface intersection outside existing Mineral Resources demonstrates potential for significant future Resource growth, which remains open to the east and at depth. The BWP drilling returned a broad zone of moderate-grade copper-gold-molybdenum mineralisation confirming the model and demonstrating the potential to increase the strike extent of drill defined mineralisation in the gap between the BEP and BWP. Step out drilling at the eastern margins of the BWP will test the gap area in the coming months.

A drill hole location plan and a table of full assay results are provided in Figure 1 and Table 1 respectively.

Qualified Person

Data disclosed in this press release have been reviewed and verified by ARS's Qualified Person, Stephen Hughes, P. Geo, an advisor to the Company and a Competent Person within the meaning of JORC and for the purposes of the AIM Rules for Companies.

ON BEHALF OF THE BOARD OF DIRECTORS

Peter Bird, Deputy Chairman and CEO

For further information, please contact:

-Ends-

Peter Bird

Deputy Chairman and CEO, Asiamet Resources Limited

Telephone: [phone]

Email: [e-mail]

Tony Manini

Executive Chairman, Asiamet Resources Limited

Telephone: [phone]

Email: [e-mail]

FlowComms Limited

Sasha Sethi

Telephone: [phone]

Email: [e-mail]

Asiamet Resources Nominated Adviser

RFC Ambrian Limited

Andrew Thomson / Stephen Allen

Telephone: [phone]

Email: [e-mail] / [e-mail]

Liberum

Neil Elliot, Clayton Bush, Kane Collings

Telephone: [phone]

Email: [e-mail]

Optiva Securities Limited

Christian Dennis

Telephone: [phone]

Email: [e-mail]

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").

Table 1: Beutong East Porphyry Drill Intercepts.

 
 
    HOLE ID      From     To     Length     Copper     Gold      Silver     Moly      CuEq 
                                             (%)       (g/t)     (g/t)      (ppm)     (%) 
 BEU0500-01      7      452      445        0.54      0.17       1.33       113      0.67 
                       -----             ---------            --------- 
  Including      7      166      159        0.80      0.22       1.48       111      0.96 
------------           -----             ---------            ---------            ------- 
  Including     192     220       28        0.72      0.14       1.23       171      0.85 
------------           -----             ---------            ---------            ------- 
  Including     242     263       21        0.60      0.11       2.28       209      0.73 
------------           -----             ---------            ---------            ------- 
  Including     414     440       26        0.62      0.20       2.24       178      0.79 
------------           -----             ---------            ---------            ------- 
 BEU0500-01     498     508       10        0.24      0.04       0.98       69       0.29 
------------           -----             ---------            ---------            ------- 
 

Table 2: Beutong West Porphyry Drill Intercepts

 
 
    HOLE ID      From     To      Length     Copper     Gold      Silver     Moly      CuEq 
                                              (%)       (g/t)     (g/t)      (ppm)     (%) 
 BEU1350-01    108.0    150.0     42.0       0.76      0.06       0.64       164      0.84 
                       ------             ---------            --------- 
  Including    110.0    132.0     22.0       1.24      0.07       0.81       171      1.33 
------------           ------             ---------            ---------            ------- 
 BEU1350-01    168.0    184.0     16.0       0.85      0.11       0.53       89       0.94 
------------           ------             ---------            ---------            ------- 
 BEU1350-01    254.0    688.5    434.5       0.55      0.08       1.63       200      0.66 
------------           ------             ---------            ---------            ------- 
  Including    354.0    376.0     22.0       0.92      0.19       4.12       243      1.11 
------------           ------             ---------            ---------            ------- 
  Including    398.0    623.5    225.5       0.60      0.08       1.21       190      0.70 
------------           ------             ---------            ---------            ------- 
  Including    637.5    687.0     49.5       0.74      0.12       1.63       321      0.91 
------------           ------             ---------            ---------            ------- 
 

Notes: Grade intercepts are calculated as a weighted average grade above 0.2% Copper (uncut). Broad intercepts calculated with up to 10m internal dilution. True widths of downhole interval lengths are estimated to be between 50-70% of the reported lengths, unless otherwise stated. Orientation of the Beutong mineralised complex is interpreted to have an azimuth of 250-260 degrees and is steeply dipping to the north-northwest. Copper equivalent (CuEq) values have been calculated using the equation CuEq = Cu+(Mo ppm/10000 * 2.9412) + (Au g/t * 0.5204) + (Ag g/t * 0.0055) at a copper price of US$3.00/lb, a gold price of US$1300/ounce a silver price of US$16/ounce and a Molybdenum price of US$10/pound. Copper Equivalent (CuEq) is used for illustrative purposes and do not take into account copper or gold recoveries. Intercepts reported at

Figure 1: Cross section showing the Mineral Resource Envelope in black (the JORC Code 2012) and recently modelled copper mineralisation as coloured shells. To view the image, please click on the following link http://www.asiametresources.com/assets/img/fig1_min_resource.png

Glossary of Technical Terms

 
 "anomaly or             something in mineral exploration that geologists interpret 
  anomalous"              as deviating from what is standard, normal, or expected. 
 "assay"                 The laboratory test conducted to determine the proportion 
                          of a mineral within a rock or other material. For 
                          copper, usually reported as percentage which is equivalent 
                          to percentage of the mineral (i.e. copper) per tonne 
                          of rock. 
                        ------------------------------------------------------------------------ 
 "azimuth"               the "compass direction" refers to a geographic bearing 
                          or azimuth as measured by a magnetic compass, in true 
                          or magnetic north. 
                        ------------------------------------------------------------------------ 
 "bornite"               Bornite, also known as peacock ore, is a copper sulphide 
                          mineral with the formula Cu5FeS4. 
                        ------------------------------------------------------------------------ 
 "breccia"               Breccia is a rock classification, comprises millimetre 
                          to metre-scale rock fragments cemented together in 
                          a matrix, there are many sub-classifications of breccias. 
                        ------------------------------------------------------------------------ 
 "chalcocite"            Chalcocite is a copper sulphide mineral with the formula 
                          Cu2S and is an important copper ore mineral. It is 
                          opaque and dark-gray to black with a metallic luster. 
                        ------------------------------------------------------------------------ 
 "chalcopyrite"          Chalcopyrite is a copper sulphide mineral with formula 
                          CuFeS2. It has a brassy to golden yellow colour. 
                        ------------------------------------------------------------------------ 
 "channel sample"        Samples collected across a mineralised rock exposure. 
                          The channel is typically orientated such that samples 
                          are collected perpendicular to the mineralised structure, 
                          if possible. 
                        ------------------------------------------------------------------------ 
 "chargeability"         Chargeability is a physical property related to conductivity. 
                          Chargeability is used to characterise the formation 
                          and strength of the induced polarisation within a 
                          rock, under the influence of an electric field, suggesting 
                          sulphide mineralisation at depth. 
                        ------------------------------------------------------------------------ 
 "CIM"                   The reporting standard adopted for the reporting of 
                          the Mineral Resources is that defined by the terms 
                          and definitions given in the terminology, definitions 
                          and guidelines given in the Canadian Institute of 
                          Mining, Metallurgy and Petroleum (CIM) Standards on 
                          Mineral Resources and Mineral Reserves (December 2005) 
                          as required by NI 43-101. The CIM Code is an internationally 
                          recognised reporting code as defined by the Combined 
                          Reserves International Reporting Standards Committee. 
                        ------------------------------------------------------------------------ 
 "covellite"             Covellite is a copper sulphide mineral with the formula 
                          CuS. This indigo blue mineral is ubiquitous in some 
                          copper ores. 
                        ------------------------------------------------------------------------ 
 "diamond drilling"      A drilling method in which penetration is achieved 
                          through abrasive cutting by rotation of a diamond 
                          encrusted drill bit. This drilling method enables 
                          collection of tubes of intact rock (core) and when 
                          successful gives the best possible quality samples 
                          for description, sampling and analysis of an ore body 
                          or mineralised structure. 
                        ------------------------------------------------------------------------ 
 "digenite"              Digenite is a copper sulphide mineral with formula 
                          Cu9S5. Digenite is a black to dark blue opaque mineral. 
                        ------------------------------------------------------------------------ 
 "dip"                   A line directed down the steepest axis of a planar 
                          structure including a planar ore body or zone of mineralisation. 
                          The dip has a measurable direction and inclination 
                          from horizontal. 
                        ------------------------------------------------------------------------ 
 "galena"                Galena is the natural mineral form of lead (II) sulphide, 
                          with formula PbS. It is the most important ore of 
                          lead and an important source of silver. It has a silver 
                          colour. 
                        ------------------------------------------------------------------------ 
 "grab sample"           are samples of rock material collected from a small 
                          area, often just a few pieces or even a single piece 
                          of rock "grabbed" from a face, dump or outcrop or 
                          roughly 2-5kg. These are common types of rock samples 
                          collected when conducting mineral exploration. The 

                          sample usually consists of material that is taken 
                          to be representative of a specific type of rock or 
                          mineralisation. 
                        ------------------------------------------------------------------------ 
 "grade"                 The proportion of a mineral within a rock or other 
                          material. For copper mineralisation this is usually 
                          reported as % of copper per tonne of rock (g/t). 
                        ------------------------------------------------------------------------ 
 "g/t"                   grams per tonne; equivalent to parts per million ('ppm') 
                        ------------------------------------------------------------------------ 
 "hematite"              Hematite is the mineral form of iron(III) oxide (Fe2O3), 
                          one of several iron oxides. Magnetite alteration is 
                          also typically associate with porphyry copper systems, 
                          at or close to the central core. 
                        ------------------------------------------------------------------------ 
 "hypogene"              Hypogene ore processes occur deep below the earth's 
                          surface, and form deposits of primary minerals, such 
                          as chalcopyrite and bornite. 
                        ------------------------------------------------------------------------ 
 "Indicated              An 'Indicated Mineral Resource' is that part of a 
  Resource"               Mineral Resource for which quantity, grade (or quality), 
                          densities, shape and physical characteristics are 
                          estimated with sufficient confidence to allow the 
                          application of Modifying Factors in sufficient detail 
                          to support mine planning and evaluation of the economic 
                          viability of the deposit. 
                          Geological evidence is derived from adequately detailed 
                          and reliable exploration, sampling and testing gathered 
                          through appropriate techniques from locations such 
                          as outcrops, trenches, pits, workings and drill holes, 
                          and is sufficient to assume geological and grade (or 
                          quality) continuity between points of observation 
                          where data and samples are gathered. 
                          An Indicated Mineral Resource has a lower level of 
                          confidence than that applying to a Measured Mineral 
                          Resource and may only be converted to a Probable Ore 
                          Reserve. 
                        ------------------------------------------------------------------------ 
 "Inferred Resource"     An 'Inferred Mineral Resource' is that part of a Mineral 
                          Resource for which quantity and grade (or quality) 
                          are estimated on the basis of limited geological evidence 
                          and sampling. Geological evidence is sufficient to 
                          imply but not verify geological and grade (or quality) 
                          continuity. It is based on exploration, sampling and 
                          testing information gathered through appropriate techniques 
                          from locations such as outcrops, trenches, pits, workings 
                          and drill holes. 
 
                          An Inferred Mineral Resource has a lower level of 
                          confidence than that applying to an Indicated Mineral 
                          Resource and must not be converted to an Ore Reserve. 
                          It is reasonably expected that the majority of Inferred 
                          Mineral Resources could be upgraded to Indicated Mineral 
                          Resources with continued exploration. 
                        ------------------------------------------------------------------------ 
 "Induced Polarisation   Induced polarisation (IP) is a geophysical survey 
  Geophysics"             used to identify the electrical chargeability of subsurface 
                          materials, such as sulphides. The survey involves 
                          an electric current that is transmitted into the subsurface 
                          through two electrodes, and voltage is monitored through 
                          two other electrodes. 
                        ------------------------------------------------------------------------ 
 "intercept"             Refers to a sample or sequence of samples taken across 
                          the entire width or an ore body or mineralised zone. 
                          The intercept is described by the entire thickness 
                          and the average grade of mineralisation. 
                        ------------------------------------------------------------------------ 
 JORC                    The Australasian Code for Reporting of Exploration 
                          Results, Mineral Resources and Ore Reserves ('the 
                          JORC Code') is a professional code of practice that 
                          sets minimum standards for Public Reporting of minerals 
                          Exploration Results, Mineral Resources and Ore Reserves. 
                          The JORC Code provides a mandatory system for the 
                          classification of minerals Exploration Results, Mineral 
                          Resources and Ore Reserves according to the levels 
                          of confidence in geological knowledge and technical 
                          and economic considerations in Public Reports. 
                        ------------------------------------------------------------------------ 
 "lbs"                   Pounds (measure of weight) 
                        ------------------------------------------------------------------------ 
 "Mlbs"                  Million pounds (measure of weight) 
                        ------------------------------------------------------------------------ 
 "magnetite"             Magnetite is main iron ore mineral, with chemical 
                          formula Fe3O4. Magnetite is ferromagnetic, and it 
                          is attracted to a magnet and can be magnetised to 
                          become a permanent magnet itself. 
                        ------------------------------------------------------------------------ 
 "massive"               In a geological sense, refers to a zone of mineralisation 
                          that is dominated by sulphide minerals. The sulphide-mineral-rich 
                          material can occur in centimetre-scale, metre-scale 
                          or in tens of metres wide veins, lenses or sheet-like 
                          bodies containing sphalerite, galena, and / or chalcopyrite 
                          etc. 
                        ------------------------------------------------------------------------ 
 "Measured Resource"     A 'Measured Mineral Resource' is that part of a Mineral 
                          Resource for which quantity, grade (or quality), densities, 
                          shape, and physical characteristics are estimated 
                          with confidence sufficient to allow the application 
                          of Modifying Factors to support detailed mine planning 
                          and final evaluation of the economic viability of 
                          the deposit. 
 
                          Geological evidence is derived from detailed and reliable 
                          exploration, sampling and testing gathered through 
                          appropriate techniques from locations such as outcrops, 
                          trenches, pits, workings and drill holes, and is sufficient 
                          to confirm geological and grade (or quality) continuity 
                          between points of observation where data and samples 
                          are gathered. 
                          A Measured Mineral Resource has a higher level of 
                          confidence than that applying to either an Indicated 
                          Mineral Resource or an Inferred Mineral Resource. 
                          It may be converted to a Proved Ore Reserve or under 
                          certain circumstances to a Probable Ore Reserve. 
                        ------------------------------------------------------------------------ 
 "Mineral Resource"      A "Mineral Resource" is a concentration or occurrence 
                          of diamonds, natural solid inorganic material, or 
                          natural solid fossilised organic material including 
                          base and precious metals, coal, and industrial minerals 
                          in or on the Earth's crust in such form and quantity 
                          and of such a grade or quality that it has reasonable 
                          prospects for economic extraction. The location, quantity, 
                          grade, geological characteristics and continuity of 
                          a Mineral Resource are known, estimated or interpreted 
                          from specific geological evidence and knowledge. 
                        ------------------------------------------------------------------------ 
 "mineralisation"        In geology, mineralisation is the deposition of economically 
                          important metals (copper, gold, lead, zinc etc) that 
                          in some cases can be in sufficient quantity to form 
                          mineral ore bodies. 
                        ------------------------------------------------------------------------ 

 "open pit mining"       A method of extracting minerals from the earth by 
                          excavating downwards from the surface such that the 
                          ore is extracted in the open air (as opposed to underground 
                          mining). 
                        ------------------------------------------------------------------------ 
 "outcrop"               A section of a rock formation or mineral vein that 
                          appears at the surface of the earth. Geologists take 
                          direct observations and samples from outcrops, used 
                          in geologic analysis and creating geologic maps. In 
                          situ (in place) measurements are critical for proper 
                          analysis of the geology and mineralisation of the 
                          area under investigation. 
                        ------------------------------------------------------------------------ 
 "polymetallic"          three or more metals that may occur in magmatic, volcanogenic, 
                          or hydrothermal environments; common base and precious 
                          metals include copper, lead, zinc, silver and gold. 
                        ------------------------------------------------------------------------ 
 "polymict"              A geology term, often applied to breccias or conglomerates, 
                          which identifies the composition as consisting of 
                          fragments of several different rock types. 
                        ------------------------------------------------------------------------ 
 "porphyry"              Porphyry copper deposits are copper +- gold +- molybdenum 
                          orebodies that are formed from hydrothermal fluids 
                          that originate from a voluminous magma chamber below 
                          the deposit itself. 
                        ------------------------------------------------------------------------ 
 "Preliminary            NI 43-101 defines a PEA as "a study, other than a 
  Economic Assessment"    pre-feasibility study or feasibility study, which 
                          includes an economic analysis of the potential viability 
                          of mineral Resources". 
                        ------------------------------------------------------------------------ 
 "propylitic             Propylitic alteration is the chemical alteration of 
  alteration"             minerals within a rock, caused by hydrothermal fluids. 
                          This style of alteration typically results in epidote-chlorite+-albite 
                          alteration and veining or fracture filling, commonly 
                          altering biotite or amphibole minerals within the 
                          rock groundmass. It typically occurs along with pyrite. 
                        ------------------------------------------------------------------------ 
 "sediments"             Sedimentary rocks formed by the accumulation of sediments. 
                          There are three types, Clastic, Chemical and Organic 
                          sedimentary rocks. 
                        ------------------------------------------------------------------------ 
 "sequential             Sequential copper analysis is a technique to semi-quantitatively 
  assays"                 define the zonations associated with some copper deposits. 
                          The method is based on the partial dissolution behaviour 
                          displayed by the prevalent copper minerals to solutions 
                          containing sulphuric acid and sodium cyanide. Results 
                          from sequential analyses can theoretically determine 
                          the amounts of leachable oxide minerals, leachable 
                          secondary sulphide minerals, and primary copper minerals, 
                          respectively. 
                        ------------------------------------------------------------------------ 
 "sphalerite"            Sphalerite is a zinc sulphide in crystalline form 
                          but almost always contains variable iron, with formula 
                          (Zn,Fe)S. It can have a yellowish to honey brown or 
                          black colour. 
                        ------------------------------------------------------------------------ 
 "supergene"             Supergene ore processes occur near surface, and form 
                          deposits of secondary minerals, such as malachite, 
                          azurite, chalcocite, covellite, digenite, etc. 
                        ------------------------------------------------------------------------ 
 "surface rock           Rock chip samples approximately 2kg in size that are 
  chip samples"           typically collected from surface outcrops exposed 
                          along rivers and mountain ridgelines. 
                        ------------------------------------------------------------------------ 
 "veins"                 A vein is a sheet-like or anastomosing fracture that 
                          has been infilled with mineral ore (chalcopyrite, 
                          covellite etc) or mineral gangue (quartz, calcite 
                          etc) material, within a rock. Veins form when minerals 
                          carried by an aqueous solution within the rock mass 
                          are deposited through precipitation and infill or 
                          coat the fracture faces. 
                        ------------------------------------------------------------------------ 
 "volcanics"             Volcanic rock such as andesite or basalt that is formed 
                          from magma erupted from a volcano, or hot clastic 
                          material that erupts from a volcano and is deposited 
                          as volcaniclastic or pyroclastics. 
                        ------------------------------------------------------------------------ 
 

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August 07, 2018 02:15 ET (06:15 GMT)