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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% | 1.20 | 1.10 | 1.30 | 1.20 | 1.20 | 1.20 | 121,601 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 0 | -520k | -0.0019 | -6.32 | 3.34M |
From Apr 2019 to Apr 2024
TIDMTHR
RNS Number : 7614C
Thor Mining PLC
21 October 2020
THOR MINING PLC
PILBARA GOLDFIELDS RAGGED RANGE PROJECT - VISIBLE GOLD IN FOLLOW-UP SAMPLING
The directors of Thor Mining Plc ("Thor") (AIM, ASX: THR) are pleased to advise visible gold in stream sediment sample panning, from the third phase of gold geochemical sampling carried out earlier this month at the 100% owned Pilbara Goldfield tenements (E46/1262 and E46/1190) in Western Australia.
Field observation highlights:
Hot Features
Premium
-- 13 of the 54 stream sediment sites had visible gold in panning (Table A).
-- Sample 20PST 54 and 20PST 84 returned gold in the pan with a maximum of 6 counts (Table A).
-- Visible gold in panning is consistent along the interpreted 13km anomalous gold corridor, trending along the
thrust faulted mafic/ultramafic contact.
-- A 1.5km NE-SW traverse across the anomalous gold corridor was completed, with 14 rock chips collected for assay
submission. The central portion of the traverse is dominated by Fe-Mn quartz vein/breccia float.
-- Subject to the geochemical results and the modelling of the recently flown airborne magnetic survey, a soil
sampling program is proposed over priority targets within the anomalous 13km gold trend to delineate coherent
gold trends prior to drill testing.
Mick Billing, Executive Chairman of Thor Mining, commented:
"Another step closer in the process of narrowing down Ragged Range drill target selection, with visible gold again found in the stream sediment samples consistently along the 13 kilometre corridor of anomalous gold."
"We look forward to the laboratory assays from this work."
"We look forward also to receiving the results from and interpretation of the airborne magnetic survey recently completed, and we will keep investors posted with progress."
Further to the announcement on 13 October 2020, a total of 112 stream sediment samples (20PST 35 to 55, 55A, 56 to 89) were collected from 54 creek sites with both fine (< 2mm) and coarse fractions (>2mm) collected for geochemical analysis, as well as an additional <2mm sample for in-field panning. Samples are now undergoing laboratory analyses with results anticipated in three to four weeks.
The geochemical program was designed to follow up anomalous gold identified in stream sampling programs completed in October 2019 and September 2020, with values up to 256ppb (19PST 19F -AR25) and 130ppb (20PST 24F-BLEG). In addition to the follow up stream samples, reconnaissance stream samples were also collected within the tenure including samples on the granite contact to the north, along with a 1.5km NE-SW rock chip traverse across the interpreted 13km long gold corridor;
( https://www.thormining.com/sites/thormining/media/pdf/ASX-Announcements/20201014-Ragged-Range-Gold-Project-Sampling-Program.pdf ).
Stream Sediment Sampling-Gold Anomalism
Fifty-four (54) sample sites with a total of 112 stream sediment samples were selected for reconnaissance and follow up sampling to the 2019 and 2020 geochemical programs.
A 10-12 kg pan sample of -2mm material was collected and panned at the end of each day. Gold count and description summaries in Table A. A total of 13 out of the 54 samples returned gold in pan with a maximum of 6 colours in samples 20PST 54 and 20PST 84 (Table A). These 13 visible gold samples consistently lie within the anomalous 13km gold corridor along the thrust faulted mafic/ultramafic contact. The presence of visible gold in sample 20PST 58 is a good indicator that the gold corridor is open along strike extending south into application E46/1355 (100% Thor Mining).
The anticipated aeromagnetic data may assist with further delineation of the NE cross cutting structures which may be critical to gold mineralization.
A map showing the project licence area, including the 13 kilometre anomalous gold area, and sample sites highlighting the visible gold sample locations may be viewed via the following link:
www.thormining.com/sites/thormining/media/maps/rr-samples-202010.jpg
ROCK SAMPLING PROGRAM
In conjunction with the stream sediment program a small rock chip sampling program was undertaken in the central gold anomalous catchment zone identified during the past 2019 and 2020 sampling campaigns. A 1.5km traverse trending NE-SW was centred around 780500E/7586000N and up stream of past anomalous stream samples 20PST 14, 24, 29 34, with a total of 14 rock samples (20PST 1 to 14) collected (Table B);
https://www.thormining.com/sites/thormining/media/pdf/asx-announcements/20200902-asx-rr-gold-sample-results.pdf
Geologically, the eastern portion of the traverse is dominated by a range of low hills of fine grained mafics and pillow lavas. The western portion comprises relatively flatter country with well exposed ultramafics.
In contrast, a wide expanse in the central portion of the traverse is dominated by colluvial material composed predominately of quartz (quartz breccia, quartz with anhedral boxwork, yellow jarositic stained quartz and banded quartz/ironstone material), ironstone (generally massive with some skeletal /spongy textured ironstone), mafic and ultramafic fragments on soil.
The majority of the rock samples collected along the traverse comprised colluvial float/scree material.
The geochemical sampling program (stream sediment and rock chip sampling) was undertaken by George Merhi, Consultant Geologist (AusIMM), of Bann Geological Services Pty Ltd, with over 20 years' experience in the Pilbara region, under the instruction and on behalf of Thor.
Table A: Phase 3 October 2020 Stream sediment sample gold panning summary
Sample Easting Northing Sample Type Tenement Gold Description
No Counts
======== ========= ================ ========= ========
20PST35 781931 7585352 Stream Sediment E46/1190 1 1 fine flat
======== ========= ================ ========= ======== =================
20PST36 781978 7585309 Stream Sediment E46/1190 2 1 vf, 1 f, flat
======== ========= ================ ========= ======== =================
20PST37 781465 7585976 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST38 781446 7585995 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST39 783695 7586449 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST40 783744 7586393 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST41 783087 7586092 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST42 783151 7586067 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST43 783092 7586667 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST44 783082 7586651 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST45 785554 7579865 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
1 med, rnd edges
20PST46 785595 7579873 Stream Sediment E46/1262 1 flat
======== ========= ================ ========= ======== =================
20PST47 785828 7578310 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST48 785736 7580837 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST49 783402 7582258 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST50 784483 7582317 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST51 783101 7583251 Stream Sediment E46/1190 1 1f, flat, ang
======== ========= ================ ========= ======== =================
20PST52 781564 7584405 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
1vcrs, 1f, rnd
20PST53 781579 7584409 Stream Sediment E46/1262 2 edges
======== ========= ================ ========= ======== =================
20PST54 780793 7585100 Stream Sediment E46/1262 6 6, 3vcrs,3f ang
======== ========= ================ ========= ======== =================
20PST55 784130 7586221 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST55A 784889 7578997 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST56 784791 7578909 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST57 786567 7579686 Stream Sediment E46/1262 1 1f, flat
======== ========= ================ ========= ======== =================
20PST58 786632 7579686 Stream Sediment E46/1262 2 1rnd,1jagged
======== ========= ================ ========= ======== =================
20PST59 784512 7580045 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST60 784483 7580095 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST61 784997 7580395 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST62 785055 7580397 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST63 783987 7581754 Stream Sediment E46/1262 1 1f, rnd edges
======== ========= ================ ========= ======== =================
20PST64 783991 7581733 Stream Sediment E46/1262 1 med, ang
======== ========= ================ ========= ======== =================
20PST65 783483 7581421 Stream Sediment E46/1262 1
======== ========= ================ ========= ======== =================
20PST66 783758 7582481 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST67 783758 7582481 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST68 783730 7582380 Stream Sediment E46/1262
======== ========= ================ ========= ======== =================
20PST69 783623 7583470 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST70 781012 7585654 Stream Sediment E46/1190 2 2vf jagged
======== ========= ================ ========= ======== =================
20PST71 784727 7585751 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST72 785405 7585414 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST74 779246 7591856 Stream Sediment E46/1190 1 1vf ang
======== ========= ================ ========= ======== =================
20PST75 781315 7590257 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST76 780314 7588246 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST77 780215 7589963 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST78 779931 7589619 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST79 779364 7588975 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST80 780208 7586992 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST81 779335 7590223 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST82 780919 7590737 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST83 780906 7590789 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST84 779341 7588937 Stream Sediment E46/1190 6 6f, ang
======== ========= ================ ========= ======== =================
20PST85 780535 7587470 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST86 780456 7587628 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST87 779895 7587610 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST88 780193 7587005 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
20PST89 779892 7587638 Stream Sediment E46/1190
======== ========= ================ ========= ======== =================
Coordinates in MGA Zone 50 (GDA94)
Table B: Phase 3 October 2020 Traverse- Rock Chip Sample Locations
Sample No Easting Northing Sample Type Tenement
20PR1 781204 7586304 Rock Chip E46/1190
======== ========= ============ =========
20PR2 781227 7586301 Rock Chip E46/1190
======== ========= ============ =========
20PR3 781293 7586360 Rock Chip E46/1190
======== ========= ============ =========
20PR4 781101 7586249 Rock Chip E46/1190
======== ========= ============ =========
20PR5 781059 7586244 Rock chip E46/1190
======== ========= ============ =========
20PR6 780971 7586172 Rock Chip E46/1190
======== ========= ============ =========
20PR7 780929 7586149 Rock Chip E46/1190
======== ========= ============ =========
20PR8 780903 7586148 Rock Chip E46/1190
======== ========= ============ =========
20PR9 780876 7586120 Rock Chip E46/1190
======== ========= ============ =========
20PR10 780812 7586085 Rock Chip E46/1262
======== ========= ============ =========
20PR11 780750 7586061 Rock Chip E46/1262
======== ========= ============ =========
20PR12 780592 7585957 Rock Chip E46/1262
======== ========= ============ =========
20PR13 780516 7585895 Rock chip E46/1262
======== ========= ============ =========
20PR14 780267 7585667 Rock Chip E46/1262
======== ========= ============ =========
Coordinates in MGA Zone 50 (GDA94)
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries:
Mick Billing +61 (8) 7324 Thor Mining PLC Executive Chairman
1935
Ray Ridge +61 (8) 7324 Thor Mining PLC CFO/Company Secretary
1935
Samantha Harrison/Niall +44 (0) 207 Grant Thornton Nominated Adviser
McDonald 383 5100 UK LLP
Nick Emerson +44 (0) 1483 SI Capital Ltd Broker
413 500
Competent Persons Report
The information in this report that relates to exploration results is based on information compiled by Nicole Galloway Warland, who holds a BSc in 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.
About Thor Mining PLC
Thor Mining PLC (AIM, ASX: THR) is a resources company quoted on the AIM Market of the London Stock Exchange and on ASX in Australia.
Thor holds 100% of the advanced Molyhil tungsten project in the Northern Territory of Australia, for which an updated feasibility study in August 2018(1) suggested attractive returns.
Adjacent Molyhil, at Bonya, Thor holds a 40% interest in deposits of tungsten, copper, and vanadium, including an Inferred resource for the Bonya copper deposit(2).
Thor is also acquiring up to 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 in South Australia recoverable by way of in situ recovery . Thor also holds rights to earn a 75% interest in portion of the Moonta Copper project also in South Australia, and is also considered amenable to recovery by way of in situ recovery .
Thor holds 100% of the Pilot Mountain tungsten project in Nevada USA which has a JORC 2012 Indicated and Inferred Resources Estimate(3) on 2 of the 4 known deposits. The US Department of the Interior has confirmed that tungsten, the primary resource mineral at Pilot Mountain, has been included in the final list of Critical Minerals 2018.
At the 100% owned Ragged Range Project in the Pilbara region of Western Australia, Thor has exciting early stage results for which gold and nickel drilling is planned.
Thor holds mineral claims in the US states of Colorado and Utah with historical high grade uranium and vanadium drilling and production results.
Notes
(1) Refer ASX and AIM announcement of 23 August 2018
(2) Refer ASX and AIM announcement of 26 November 2018
(3) Refer AIM announcement of 13 December 2018 and ASX announcement of 14 December 2018
Refer AIM announcement of 10 February 2016 and ASX announcement of 12 February 2018
Refer ASX and AIM announcement of 15 August 2019
1 JORC Code, 2012 Edition - Table 1 report template
1.1 Section 1 Sampling Techniques and Data
Criteria JORC Code explanation Commentary
Sampling The programme comprised
techniques * Nature and quality of sampling (eg cut channels, stream sediment trap
random chips, or specific specialised industry site sampling with coarse
standard measurement tools appropriate to the (3kg - 5mm+2mm) and
minerals under investigation, such as down hole gamma fine (4kg - 2mm) fraction
sondes, or handheld XRF instruments, etc). These samples collected for
examples should not be taken as limiting the broad geochemical analysis
meaning of sampling. for Au 2kg BLEG (fine
fraction), aqua regia
(fine and coarse fractions)
* Include reference to measures taken to ensure sample and multi-element analysis.
representivity and the appropriate calibration of any In addition a 10-12
measurement tools or systems used. kg sample of - 2mm material
was collected from each
trap site and panned
* Aspects of the determination of mineralisation that in the field.
are Material to the Public Report. Each rock chip sample
comprised 8 - 10kg of
rock taken along a 1.5km
* In cases where 'industry standard' work has been done traverse for geochemical
this would be relatively simple (eg 'reverse analysis for Au (FA
circulation drilling was used to obtain 1 m samples 50) and multi-element
from which 3 kg was pulverised to produce a 30 g 4 acid digestion.
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 Not applicable
techniques * Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (eg core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or
other type, whether core is oriented and if so, by
what method, etc).
============== ============================================================== ==============================
Drill sample Not applicable
recovery * Method of recording and assessing core and chip
sample recoveries and results assessed.
* Measures taken to maximise sample recovery and ensure
representative nature of the samples.
* 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 No logging was undertaken
* Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to
support appropriate Mineral Resource estimation,
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.
============== ============================================================== ==============================
Sub- sampling Samples were screened
techniques * If core, whether cut or sawn and whether quarter, in the field as described
half or all core taken. in "Sampling Techniques"
above.
The sample sizes are
* If non-core, whether riffled, tube sampled, rotary as per industry standard
split, etc and whether sampled wet or dry. for stream
* For all sample types, the nature, quality and
============== ============================================================== ==============================
Criteria JORC Code explanation Commentary
and sample appropriateness of the sample preparation sediment geochemistry.
preparation technique. One field duplicate
* Quality control procedures adopted for all and one blank sample
sub-sampling stages to maximise representivity of were submitted for assay
samples. with the other 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 The proposed assay method
of assay * The nature, quality and appropriateness of the is appropriate for preliminary
data and assaying and laboratory procedures used and whether exploration.
laboratory the technique is considered partial or total.
tests
* 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
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (ie
lack of bias) and precision have been established.
================== ============================================================== =================================
Verification Not undertaken
of sampling * The verification of significant intersections by
and assaying either independent or alternative company personnel.
* 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 Hand held GPS - MGA94
of data * Accuracy and quality of surveys used to locate drill zone 50 (GDA)
points holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral Resource
estimation.
* Specification of the grid system used.
* Quality and adequacy of topographic control.
================== ============================================================== =================================
Data spacing Not applicable - no
and distribution * Data spacing for reporting of Exploration Results. resource is being reported
* Whether the data spacing and distribution is
sufficient to establish the degree of geological and
grade continuity appropriate for the Mineral Resource
and Ore Reserve estimation procedure(s) and
classifications applied.
* Whether sample compositing has been applied.
================== ============================================================== =================================
Orientation Orientational bias is
of data * Whether the orientation of sampling achieves unbiased not applicable to stream
in relation sampling of possible structures and the extent to sediment sampling which
to geological which this is known, considering the deposit type. are essentially one
structure dimensional.
* 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 flown back
* The measures taken to ensure sample security. to
Nullagine and trucked
to the assay laboratory
in Pert.
Sample security levels
are considered appropriate
for a
preliminary reconnaissance
assessment
================== ============================================================== =================================
Audits or -- The results of any audits or reviews None undertaken
reviews of sampling techniques and data.
================== ============================================================== =================================
1.1 Section 2 Reporting of Exploration Results
Criteria JORC Code explanation Commentary
Mineral Exploration results
tenement * Type, reference name/number, location and ownership are reported on E46/1190
and land including agreements or material issues with third and E46/1262 in Western
tenure status parties such as joint ventures, partnerships, Australia held 100%
overriding royalties, native title interests, by Thor Mining PLC.
historical sites, wilderness or national park and
environmental settings.
* The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.
===============================================================
Exploration Not applicable
done by * Acknowledgment and appraisal of exploration by other
other parties parties.
================ =============================================================== ===========================
Geology Yet to be determined
* Deposit type, geological setting and style of
mineralisation.
================ =============================================================== ===========================
Drill hole No drilling has been
Information * A summary of all information material to the undertaken or reported
understanding of the exploration results including a
tabulation of the following information for all
Material drill holes:
o easting and northing of the drill hole
collar
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 aggregatio Only field observations
n methods * In reporting Exploration Results, weighting averaging have been reported.
techniques, maximum and/or minimum grade truncations There has been no data
(eg cutting of high grades) and cut-off grades are aggregation.
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
Relationshi No drilling has been
p between * These relationships are particularly important in the undertaken or reported
mineralisati reporting of Exploration Results.
on widths
and intercept
lengths * If the geometry of the mineralisation with respect to
the drill hole angle is known, its nature should be
reported.
* 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').
================== =============================================================== =============================
Diagrams A sample location plan
* Appropriate maps and sections (with scales) and including current 1:100k
tabulations of intercepts should be included for any scale geology has been
significant discovery being reported These should provided
include, but not be limited to a plan view of drill
hole collar locations and appropriate sectional
views.
================== =============================================================== =============================
Balanced All results have been
reporting * 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 Subject to assay results,
work * The nature and scale of planned further work (eg it is anticipated that
tests for lateral extensions or depth extensions or follow up stream sediment
large-scale step- out drilling). geochemistry (soil)
and geological mapping
will be undertaken to
* Diagrams clearly highlighting the areas of possible locate the source of
extensions, including the main geological any mineralisation.
interpretations and future drilling areas, provided
this information is not commercially sensitive.
================== =============================================================== =============================
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END
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