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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Thor Energy Plc | LSE:THR | London | Ordinary Share | GB00BRJ52319 | ORD GBP0.001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.25 | 1.20 | 1.30 | 1.25 | 1.25 | 1.25 | 103,034 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 0 | -520k | -0.0019 | -6.58 | 3.48M |
From Apr 2021 to Apr 2024
TIDMTHR
RNS Number : 3536P
Thor Mining PLC
18 October 2021
18 October 2021
THOR MINING PLC
("Thor" or the "Company")
Hydrogeology Results
Alford East Copper-Gold ISR Project, South Australia
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR, OTCQB: THORF) are pleased to advise the results from our initial pump test for preliminary hydrogeological assessment at the Alford East Copper-Gold Project, SA.
Project highlights:
-- Initial aquifer pump test successfully completed.
-- Copper-gold mineralisation at the test site is saturated below the water table; essential for ISR production.
-- Groundwater salinity reports in the range of 15,000 - 55,000 milligrams per litre total dissolved solids (mg/L TDS). This is classed as saline and precludes agricultural or potable use.
-- Ground water is alkaline with pH - 8.1. This is ideal for trial lixiviant glycine.
-- Short term pumping tests demonstrated consistent water flows suitable for ISR production.
-- The host rock is permeable.
-- This work is all co-funded by the SA Government Accelerated Discovery Grant (ADI) of A$300,000, as announced on 20 May 2021.
Nicole Galloway Warland, Managing Director of Thor Mining, commented:
"Pump testing of our initial water bore has shown favourable water characterisation and permeability for potential In Situ copper-gold recovery at our Alford East Project. This is positive news as we progress the project towards ISR assessment and development of an environmentally, low carbon emission alternative to conventional open cut and underground mining."
A copy of the Tenement and Prospect Location Plan may be viewed via the following link:
https://cms.thormining.com/sites/thormining/media/maps/20-005-1d-yorke-pen-jv.jpg
Alford East Project Background
The Alford East Copper-Gold Project is located on EL6529, where Thor is earning up to an 80% interest from unlisted Australian explorer Spencer Metals Pty Ltd, covering portions of EL6255 and EL6529 (ASX: THR Announcement 23 November 2020).
The Alford East Project covers the northern extension of the Alford Copper Belt, located on the Yorke Peninsula, SA. The Alford Copper Belt is a semi coherent zone of copper-gold oxide mineralisation, within a structurally controlled, north-south corridor consisting of deeply kaolinised and oxidised troughs within metamorphic units on the edge of the Tickera Granite, Gawler Craton, SA.
Utilising historic drill hole information, Thor completed an inferred Mineral Resource Estimate (MRE) (ASX: THR Announcement 27 January 2021):
-- 125.6Mt @ 0.14% Cu containing 177,000t of contained copper
-- 71, 500oz of contained gold
www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf
Based on the nature on the oxide mineralisation, the deposit is considered amenable to In Situ Recovery (ISR) techniques. For further information on ISR please refer to Thor's website via this link for an informative video: www.youtube.com/watch?v=eG_1ZGD0WIw
Table A: Alford East Mineral Resource Estimate as at 22 January 2021, with AR-5 extending towards AE-8 domains the focus of the recently completed drilling program.
Hot Features
Premium
Domain Tonnes Cu % Au g/t Contained Cu Contained Au
( Mt) (t) (oz)
AE_1 24.6 0.12 0.021 30,000 16,000
------- ----- ------- ------------- -------------
AE_2 6.8 0.13 0.004 9,000 1,000
------- ----- ------- ------------- -------------
AE_3 34.9 0.09 0.022 33,000 25,000
------- ----- ------- ------------- -------------
AE_4 8.0 0.11 0.016 8,000 4,000
------- ----- ------- ------------- -------------
AE_5 11.0 0.22 0.030 24,000 11,000
------- ----- ------- ------------- -------------
AE-8 (NP) 31.3 0.19 0.008 61,000 8,000
------- ----- ------- ------------- -------------
AE-7 (LW_E) 7.7 0.14 0.025 10,000 6,000
------- ----- ------- ------------- -------------
AE-6 (LW_W) 1.3 0.13 0.011 2,000 500
------- ----- ------- ------------- -------------
Total 125.6 0.14 0.018 177,000 71,500
------- ----- ------- ------------- -------------
Note: MRE reported on oxide material only, at a cut-off grade of 0.05% copper, which is consistent with the assumed In Situ Recovery technique.
Hydrogeology
As part of the 'proof of concept' for In Situ Recovery of copper and gold at Alford East Project, recently completed diamond drillhole 21AED001 was developed into a water bore. The aim of this work was to establish baseline hydrogeological conditions of the rock hosting the Alford East copper and gold mineralisation. This included measuring:
-- ground water levels,
-- ground water quality (chemical composition)
-- hydraulic conductivity (permeability)
-- and collecting water samples for use in hydrometallurgical test work
The program comprised the installation of an investigation well ( 6430-2702) into the Alford East mineralised zone, and a subsequent aquifer (pumping) test.
Table B: Collar Position of 21AED001 - Water Bore
Hole ID EOH Depth East North RL Dip Azimuth
21AED001 156.17 763,727.91 6,256,359.35 48.69 -90(0) 360(0)
---------- ----------- ------------- ------ ------- --------
Coordinates are in GDA94, MGA Z53 using DGPS position
21AED001 was selected based on its central position within AE-5 MRE domain (Figure 2 and Figure 3) and its broad copper-gold intercepts including (21AED001 previously reported THR:ASX Announcement 31 August 2021):
-- 108.2m @ 0.17% Cu and 0.1g/t Au from 6.2m including,
-- 59.9m @ 0.31% Cu from 21.9m and
-- 32.9m @ 0.4% Cu and 0.31g/t Au from 81.5m
21AED001 was developed into a 4-inch water bore by GMP Drilling Pty Ltd with B & T Lehmann Drilling Pty Ltd carry out the pump testing operation under the direction and supervision of consultants, Groundwater Science. Water samples were analysed by Eurofins Environment Testing in Victoria, with water levels and hydraulic conductivity measurements conducted by Groundwater Science. Groundwater sampling was undertaken in accordance with EPA Guidelines (2019).
Key Findings:
-- The copper-gold mineralisation at the test site is saturated below the water table. The water table elevation is approximately 38 m Australian Height Datum (AHD). At the test site, this equates to a depth to water of 12 m below ground surface. For ISR, the mineralised zone needs to be saturated for lixiviant fluids to flow through.
-- Groundwater salinity within 20km of site reports in the range of 15,000 - 55,000 milligrams per Litre total dissolved solids (mg/L TDS), with onsite investigation reporting 19,000mg/L. This is classified as saline and precludes agricultural or potable use. The beneficial use category of this high salinity water as defined in the South Australian Environmental Agency (EPA) water quality policy (2015) and the Australian and New Zealand Guidelines for Fresh and Marine Water Quality ANZECC Guidelines (2020) for industrial use only, not suitable for irrigation or livestock (Table C).
-- Ground water is alkaline with pH - 8.1, this is ideal for the trial lixiviant, glycine. Glycine is a naturally occurring amino acid, and an environmentally friendly reagent in an alkaline carrier.
-- Groundwater is found within the weathered zone (saprolite) of the basement rock, rather than in discrete fractures.
-- The rock hosting the copper and gold mineralisation is moderately permeable.
-- Short-term test pumping calculated an aquifer transmissivity (T) of 2 to 3 m2/day. The resultant concomitant bulk hydraulic conductivity is approximately 0.14 m/day. In an ISR setting, wells with 18 m long screens can be expected to yield around 0.5 L/s. This assumes transmissivity values consistent with results from recent test pumping. This is very positive for ISR production.
A copy of the Alford East Project AE-5 domain showing drillhole location plan including 21AED001-Waterbore may be viewed via the following link:
https://cms.thormining.com/sites/thormining/media/Maps/ae-5-location-plan.jpg
A copy of the Alford East Project Cross section 6,256,360mN looking NNE, showing 21AED001 (Water Bore), 21AED003
and 21AED005 may be viewed via the following link
https://www.thormining.com/sites/thormining/media/banners/section_waterbore1.jpg
Table C : Salinity Classification
( https://www.epa.sa.gov.au/environmental_info/water_quality/advice-and-assistance )
Water Type Electrical Conductivity Total Dissolved Solids
EC (us/cm) TDS (mg/L)
Pure rainwater <15 <10
------------------------- ------------------------
Fresh water Rivers 0 - 800 100 - 1,000
------------------------- ------------------------
Brackish water 1,600 - 4,800 1,000 - 3,000
------------------------- ------------------------
Saline water > 4,800 > 3,000
------------------------- ------------------------
Alford East- Water Bore
1 40,000 19,000
------------------------- ------------------------
Seawater 51,500 35,000
------------------------- ------------------------
Next Step
1) Future aquifer pump testing and tracer tests in trial well array, to be designed and carried out in conjunction with next resource drilling program.
2) A seasonal monitoring program comprising quarterly water level monitoring and groundwater quality sampling to be implemented.
3) Preliminary hydrometallurgical studies by Mining and Process Solutions (MPS) on potential glycine lixiviants for copper and gold recovery are underway with results anticipated November.
This work is all co-funded by the SA Government Accelerated Discovery Grant (ADI) of A$300,000.
Elements: Cu=Copper, Au = Gold, Ag=Silver, Mo=Molybdenum, Co=Cobalt, Se= Selenium, Bi=Bismuth, Ba=Barium and Te=Tellurium
Ends -
For further information on the Company, please visit www.thormining.com or contact the following:
Thor Mining PLC
Nicole Galloway Warland, Managing Director Tel: +61 (8) 7324 1935
Ray Ridge, CFO / Company Secretary Tel: +61 (8) 7324 1935
WH Ireland Limited (Nominated Adviser Tel: +44 (0) 207 220 1666
and Joint Broker)
Jessica Cave / Darshan Patel / Megan
Liddell
Jasper Berry (Corporate Broking)
SI Capital Limited (Joint Broker) Tel: +44 (0) 1483 413
500
Nick Emerson
Yellow Jersey (Financial PR) thor@yellowjerseypr.com
Sarah Hollins / Henry Wilkinson Tel: +44 (0) 20 3004 9512
Competent Persons Report
The information in this report that relates to Exploration Results and the Estimation and Reporting of the Alford East Mineral Resource Estimation is based on information compiled by Nicole Galloway Warland, who holds a BSc Applied geology (HONS) and who is a Member of The Australian Institute of Geoscientists. Ms Galloway Warland is an employee of Thor Mining PLC. She has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Nicole Galloway Warland consents to the inclusion in the report of the matters based on her information in the form and context in which it appears.
Forward Looking Statements
This document may contain certain forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Thor Mining PLC current expectations, estimates and projections about the industry in which Thor operates, and beliefs and assumptions regarding Thor's future performance. When used in this document, words such as "anticipate", "could", "plan", "estimate", "expects", "seeks", "intends", "may", "potential", "should", and similar expressions are forward-looking statements. Although Thor believes that its expectations reflected in these forward-looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Thor and no assurance can be given that actual results will be consistent with these forward-looking statements
Updates on the Company's activities are regularly posted on Thor's website www.thormining.com , which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining .
About Thor Mining PLC
Thor Mining PLC (AIM, ASX: THR; OTCQB: THORF) is a diversified resource company quoted on the AIM Market of the London Stock Exchange, ASX in Australia and OTCQB Market in the United States.
The Company is advancing its diversified portfolio of precious, base, energy and strategic metal projects across USA and Australia. Its focus is on progressing its copper, gold, uranium and vanadium projects, while seeking investment/JV opportunities to develop its tungsten assets.
Thor owns 100% of the Ragged Range Project, comprising 92 km(2) of exploration licences with highly encouraging early stage gold and nickel results in the Pilbara region of Western Australia, for which drilling is planned in the second half of 2021.
At Alford East in South Australia, Thor is earning an 80% interest in copper deposits considered amenable to extraction via In Situ Recovery techniques (ISR). In January 2021, Thor announced an Inferred Mineral Resource Estimate of 177,000 tonnes contained copper & 71,000 oz gold(1).
Thor also holds a 30% interest in Australian copper development company EnviroCopper Limited, which in turn holds rights to earn up to a 75% interest in the mineral rights and claims over the resource on the portion of the historic Kapunda copper mine and the Alford West copper project, both situated in South Australia, and both considered amenable to recovery by way of ISR.(2)(3)
Thor holds 100% interest in two private companies with mineral claims in the US states of Colorado and Utah with historical high-grade uranium and vanadium drilling and production results.
Thor holds 100% of the advanced Molyhil tungsten project, including measured, indicated and inferred resources , in the Northern Territory of Australia, which was awarded Major Project Status by the Northern Territory government in July 2020.
Adjacent to Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including Inferred resource estimates for the Bonya copper deposit, and the White Violet and Samarkand tungsten deposits.
Thor holds 100% of the Pilot Mountain tungsten project in Nevada, USA which is subject to a sale option agreement.(6)
Notes
(1) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210127-maiden-copper.gold-estimate-alford-east-sa.pdf
(2) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20172018/20180222-clarification-kapunda-copper-resource-estimate.pdf
(3) www.thormining.com/sites/thormining/media/aim-report/20190815-initial-copper-resource-estimate---moonta-project---rns---london-stock-exchange.pdf
(4) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210408-molyhil-mineral-resource-estimate-updated.pdf
(5) www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200129-mineral-resource-estimates---bonya-tungsten--copper.pdf www.thormining.com/sites/thormining/media/pdf/asx-announcements/20210901-pilot-mountain-project-us1.8m-sale-option.pdf
1 JORC Code, 2012 Edition - Table 1 report template
Section 1 Sampling Techniques and Data
Criteria JORC Code explanation Commentary
Sampling Groundwater sampling
techniques * Nature and quality of sampling (eg cut channels, was undertaken in accordance
random chips, or specific specialised industry with EPA Guidelines
standard measurement tools appropriate to the (2019). Water sample
minerals under investigation, such as down hole gamma analyses carried out
sondes, or handheld XRF instruments, etc). These by Eurofin Environment
examples should not be taken as limiting the broad Testing under the instruction
meaning of sampling. from Groundwater Science.
All co-ordinates are
in UTM grid (GDA94 Z53)
* Include reference to measures taken to ensure sample and drill hole collars
representivity and the appropriate calibration of any have been surveyed by
measurement tools or systems used. DGPS to an accuracy
of 0.1m. Down holes
surveys using Truman
* Aspects of the determination of mineralisation that with readings every
are Material to the Public Report. 6m.
Mineralisation is determined
by descriptive geological
* In cases where 'industry standard' work has been done logs for diamond hole
this would be relatively simple (eg 'reverse as well as the incorporation
circulation drilling was used to obtain 1 m samples of assay results and
from which 3 kg was pulverised to produce a 30 g pXRF readings
charge for fire assay'). In other cases more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems.
Unusual commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of detailed
information.
===============================================================
Drilling Diamond drilling - GMP
techniques * Drill type (eg core, reverse circulation, open-hole drilling Pty Ltd. B&D
hammer, rotary air blast, auger, Bangka, sonic, etc) Multi 35 Rig
and details (eg core diameter, triple or standard 0-6m open hammer - transported
tube, depth of diamond tails, face-sampling bit or cover sequence.
other type, whether core is oriented and if so, by HQ standard tube diamond
what method, etc). drilling
Hole reamed out to 4inches
from 0-80m
==================== =============================================================== ==================================
Drill sample Aquifer was pumped over
recovery * Method of recording and assessing core and chip a period of 4 hours.
sample recoveries and results assessed. Water sample collected
at the end of pumping.
No relationship is known
* Measures taken to maximise sample recovery and ensure to exist between sample
representative nature of the samples. recovery and grade
* Whether a relationship exists between sample recovery
and grade and whether sample bias may have occurred
due to preferential loss/gain of fine/coarse
material.
==================== =============================================================== ==================================
Logging Not applicable as referring
* Whether core and chip samples have been geologically to water sampling.
and geotechnically logged to a level of detail to Geological Logging is
support appropriate Mineral Resource estimation, qualitative on core
mining studies and metallurgical studies.
* Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc) photography.
* The total length and percentage of the relevant
intersections logged.
==================== =============================================================== ==================================
Criteria JORC Code explanation Commentary
Sub- sampling Pump testing was carried
techniques * If core, whether cut or sawn and whether quarter, out over period of 4hours
and sample half or all core taken. with samples collected
preparation at the end to ensure
a representative clean
* If non-core, whether riffled, tube sampled, rotary sample was collected
split, etc and whether sampled wet or dry.
For all sample types, the nature, quality
and appropriateness of the sample preparation
technique.
* Quality control procedures adopted for all
sub-sampling stages to maximise representivity of
samples.
* Measures taken to ensure that the sampling is
representative of the in situ material collected,
including for instance results for field
duplicate/second-half sampling.
* Whether sample sizes are appropriate to the grain
size of the material being sampled.
===============================================================
Quality Groundwater sampling
of assay * The nature, quality and appropriateness of the was undertaken in accordance
data and assaying and laboratory procedures used and whether with EPA Guidelines
laboratory the technique is considered partial or total. (2019).
tests External laboratory
checks undertaken.
* For geophysical tools, spectrometers, handheld XRF Samples analyses by
instruments, etc, the parameters used in determining Eurofin Environment
the analysis including instrument make and model, Testing - including
reading times, calibrations factors applied and their physical parameters,
derivation, etc. major ions and 24 metals
suite.
* Nature of quality control procedures adopted (eg
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (ie
lack of bias) and precision have been established.
==================== =============================================================== ==================================
Verification All data is digitally
of sampling * The verification of significant intersections by recorded in the company's
and assaying either independent or alternative company personnel. electronic database.
* The use of twinned holes.
* Documentation of primary data, data entry procedures,
data verification, data storage (physical and
electronic) protocols.
* Discuss any adjustment to assay data.
==================== =============================================================== ==================================
Location Collars picked up using
of data * Accuracy and quality of surveys used to locate drill DGPS - MGA94 zone 53
points holes (collar and down-hole surveys), trenches, mine (GDA) used.
workings and other locations used in Mineral Resource
estimation.
* Specification of the grid system used.
* Quality and adequacy of topographic control.
==================== =============================================================== ==================================
Data spacing One water bore being
and distribution * Data spacing for reporting of Exploration Results. reported within mineralised
envelope Data spacing
is considered appropriate
* Whether the data spacing and distribution is for this stage of assessment
sufficient to establish the degree of geological and to allow confident
grade continuity appropriate for the Mineral Resource interpretation
and Ore Reserve estimation procedure(s) and of exploration results.
classifications applied.
* Whether sample compositing has been applied.
==================== =============================================================== ==================================
Orientation Water bore was cased
of data * Whether the orientation of sampling achieves unbiased from 0-80m.
in relation sampling of possible structures and the extent to Orientational bias is
to geological which this is known, considering the deposit type. not applicable this
structure stage
* If the relationship between the drilling orientation
and the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed and reported if material.
==================== =============================================================== ==================================
Sample security Samples were driven
* The measures taken to ensure sample security. from Alford to Eurofin
Environment Testing
laboratory in Adelaide,
for trucking to Melbourne
laboratory.
==================== =============================================================== ==================================
Audits No formal audits have
or reviews * The results of any audits or reviews of sampling been undertaken
techniques and data.
================== =============================================================== ====================================
Section 2 Reporting of Exploration Results
Criteria JORC Code explanation Commentary
Mineral tenement Alford East project:
and land * Type, reference name/number, location and ownership * The JV area covers portions EL6255 and E6529 which
tenure status including agreements or material issues with third are 100% owned by Spencer Metals Ltd.
parties such as joint ventures, partnerships,
overriding royalties, native title interests,
historical sites, wilderness or national park and * PML 268 lies within E6529
environmental settings.
* There are no non-government royalties, historical
* The security of the tenure held at the time of sites or environmental issues.
reporting along with any known impediments to
obtaining a licence to operate in the area.
* Underlying land title is Freehold land which
extinguishes native title.
All tenure in good standing.
====================================================================
Exploration This is the first water
done by other * Acknowledgment and appraisal of exploration by other bore reported in area.
parties parties. The general area of this
report has been explored
in the past by various
companies including Jododex,
Uranez, North Broken
Hill, MIM, Hillgrove
Resources, Argonaut Resources
and Sandfire Resources.
Activities include AC,
RC, & Diamond drilling,
and significant geophysical
surveying. The Company
has reviewed past exploration
data generated by these
companies.
======================== ==================================================================== ============================================================
Geology Primary deposits in the
* Deposit type, geological setting and style of region are considered
mineralisation. to be of Iron Oxide Copper
Gold (IOCG) affinity,
related to the 1590Ma
Hiltaba/GRV event. Cu-Au-Mo-Pb
mineralisation is structurally
controlled and associated
with significant metasomatic
alteration and deep weathering
or kaolinisation of host
rocks.
Locally, the low-grade
copper/gold oxide mineralisation
that forms the basis
for this Exploration
results announcement,
is hosted within variably
weathered and sheared
metasedimentary basement
lithologies.
======================== ==================================================================== ============================================================
Drill hole Drillhole-water bore
Information * A summary of all information material to the information is included
understanding of the exploration results including a in report, with Table
tabulation of the following information for all B summarising drillhole
Material drill holes: collar information.
Plan and sections showing
drillhole-water bore
o easting and northing of the drill hole locations is included
collar in report
o elevation or RL (Reduced Level - elevation
above 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 Water parameters reported
methods * In reporting Exploration Results, weighting averaging - no data aggregation
techniques, maximum and/or minimum grade truncations used.
(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
======================== ==================================================================== ============================================================
Criteria JORC Code explanation Commentary
Relationship The copper oxide mineralization
between mineralisation * These relationships are particularly important in the is associated with intense
widths and reporting of Exploration Results. clay alteration. The
intercept alteration is interpreted
lengths to be similar to that
* If the geometry of the mineralisation with respect to found in the adjacent
the drill hole angle is known, its nature should be Alford West area.
reported. The drilling intersections
quoted are downhole
intercept lengths with
* If it is not known and only the down hole lengths are an unknown orientation
reported, there should be a clear statement to this to dip and plunge of
effect (eg 'down hole length, true width not known'). the target mineralisation
====================================================================
Diagrams Appropriate maps and
* Appropriate maps and sections (with scales) and sections included in
tabulations of intercepts should be included for any document.
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 reporting All results have been
* Where comprehensive reporting of all Exploration reported
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 All data have been reported
exploration * Other exploration data, if meaningful and material,
data should be reported including (but not limited to):
geological observations; geophysical survey results;
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 Addition water bores
* The nature and scale of planned further work (eg and pump testing planned.
tests for lateral extensions or depth extensions or Awaiting additional
large-scale step- out drilling). laboratory assays for
diamond drilling.
Drilling to continue
* Diagrams clearly highlighting the areas of possible along sections and areas
extensions, including the main geological open to the north and
interpretations and future drilling areas, provided south.
this information is not commercially sensitive. Refer to diagram in
document for geological
interpretation and potential
extensions.
========================== ==================================================================== ============================================================
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END
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