Greatland Gold : Scallywag Drill Results

RNS Number : 8550V

Greatland Gold PLC

19 April 2021

19 April 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014

WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA

A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Greatland Gold plc

("Greatland" or "the Company")

Scallywag Drill Results

Results provide further evidence of the potential for intrusion-related mineralised systems at Scallywag, confirming the area's

prospectivity and meriting further exploration

Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, announces the results of the remaining four drill holes from the 2020 drilling campaign at its 100% owned Scallywag licence. The Company has identified multiple new targets to conduct further drill testing. Greatland's 2021 drilling in the Paterson is expected to commence in the coming weeks.

The Scallywag drill programme reported here is the first stage of an extended drilling programme across Greatland's 100% licences and the Juri Joint Venture. During 2020 a total of seven drill holes were completed for 3,761m testing targets at the Kraken, London and Blackbeard prospects. Assay results have now been received for the remaining four holes (LOD002, LOD003, KRD002 and KRD003) in addition to the results of the first three holes released on 20 January 2021.

Highlights of 2020 Drill Results

• Drill results provide further evidence of pathfinder element anomalism potentially distal to intrusion-related mineralised systems, and potentially along strike of the current drilling
• At the Kraken target, assay and logging confirm the intersection of prospective target lithologies and pathfinder element anomalisms including silver, copper, bismuth and lead

New Targets Identified

• Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified multiple new targets within the Scallywag licence
• New targets include "Architeuthis", a 600m long magnetic anomaly located 1km north of Kraken and 9km north-west along strike of Havieron, and which may represent primary mineralisation along the Scallywag Synform

High Grade Anomaly

• At the London target, initial sample results reported very high-grade intercepts of silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W) in the interval 349.0 - 350.0m in LOD003
• These results were suspected to be contamination. Accordingly, prior to public release, check resampling and analysis was undertaken of washed 1/4 core and the results confirmed (Appendix II, "Check" sample phase results). Notwithstanding the confirmation, it remains probable that the interval may be caused by contamination and not representative of the rock mass. The Company intends to confirm whether this may be the result of downhole contamination with follow up drilling scheduled for the upcoming drill programme

Next Steps

• A staged exploration programme is set to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets
• Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area
• Drilling is expected to be ongoing throughout the 2021 and 2022 field seasons

Shaun Day, Chief Executive Officer of Greatland Gold plc, commented:

"We may only be in the first stages of an extensive drilling programme, yet these results provide further evidence that the Scallywag licence is prospective for intrusion-related mineralised systems. In particular, it is very pleasing that initial targets have once more intersected pathfinder elements associated with systems seen nearby at Havieron and Telfer, and regionally at Winu.

"Greatland has established a proven approach to exploration that brought it much success at Havieron: drill selective targets, analyse the information and refine targets to unlock value from our projects. With these encouraging initial drill results, we now have a significantly enhanced understanding of Scallywag's geology and have been able to identify multiple compelling targets that merit follow-up drilling in the coming weeks and months, particularly Swan, Teach and Architeuthis. These will form an important part of the comprehensive exploration campaign we are conducting across our 100% licences and our Juri Joint Venture."

In addition to this release, a PDF version of this report with supplementary information can be found at the Company's

website:www.greatlandgold.com/media/jorc/

Further Information on Drilling Results from Scallywag

The Company completed a total of seven holes for 3,761m at Scallywag during the 2020 field season, testing targets at the Kraken, London and Blackbeard prospects. Exploration work at Scallywag is focussed on the discovery of intrusion related gold-

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copper deposits such as Havieron, Telfer and Winu.

The 2020 Scallywag drill programme was designed to test a series of Induced Polarisation ('IP'), magnetic altered or demagnetised geophysical targets located around the closure and limbs of the Scallywag Syncline, a tight fold structure located to the west of the Havieron discovery. The Syncline folds a package of Puntapunta Formation calcareous sediments and overlying Wilki Formation siliciclastic sediments, with a prominent magnetic anomaly marking the contact between the two units. The Puntapunta Formation sediments host the Havieron Au-Cu system on the east limb of the Scallywag Syncline, some 8.5km east south east of the fold nose or closure of the Syncline.

Three targets have been tested by seven drill holes, of which results for the last four drill holes are reported today: KRD002 and KRD003 on the Kraken prospect, and LOD002 and LOD003 around the London prospect, for 1,842m of drilling. Results for the first three drill holes (BLD001, KRD001 and LOD001) were reported in January 2021 ("Initial Scallywag Drill Results and New Targets Identified", dated 20/1/2021).

Kraken

The Kraken target comprises a combined magnetic and IP anomaly located near the nose of the Scallywag Syncline.

Designed to test the Kraken magnetic anomaly hole, KRD002 was drilled to a total depth of 504.5m, intersecting Wilki Formation quartz rich sediments overlying Puntapunta Formation calcareous sediments beneath the base of Permian at 256.8m downhole (all depths are reported as downhole depths). The magnetic anomaly is sourced in the basal Wilki and upper Puntapunta calcareous rocks. No significant gold or copper intersections are reported, although anomalous pathfinder elements (including silver, bismuth, copper and lead) are reported locally. Anomalous results are listed in Appendix I. The maximum gold assay of 0.112ppm Au over 0.5m from 249m is hosted in the Permian cover.

Holes KRD003 was drilled to a total depth of 468.8m, testing the nose of the Scallywag Syncline, and intersected basement Puntapunta Formation calcareous sediments including magnetic units, beneath the base of Permian at 231.3m. Anomalous results are listed in Appendix I.

London

The London target comprises an IP anomaly located on the edge of an interpreted granite body (gravity low) intruding along the magnetic east limb of the Scallywag Syncline and displaying potential demagnetisation or apparent truncation of the magnetic Wilki Formation sedimentary unit. The IP anomaly could represent skarn type mineralisation on or near the edge of the interpreted granite body.

LOD002 was drilled to a total depth of 414.9m and intersected basement Wilki Formation quartz rich siliciclastic sediments below 307.1m of Permian cover. No anomalous results were reported.

LOD003 was drilled in the core of the Scallywag Syncline, testing an IP target near the interpreted axial plane of the Syncline. The drill hole intersected Wilki Formation sediments below base of Permian at 284.7m. Initial sample results reported very high silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W, as listed in Appendix II, "Initial" sample phase results) in the interval 349.0- 350.0m, hosted in quartzite but including a 10cm interval of clay, apparently located at the end of a drill run.

There is a risk that this high-grade intercept is downhole contamination. Accordingly, prior to public release, check re-sampling and analysis was undertaken of washed 1/4 core. This re-sampling confirmed the very high silver, copper and tungsten results (Appendix II, "Check" sample phase results), but with the high-grade sample now restricted to the interval of clay postulated to be at the end of the drill run. It is probable that this material is contamination. The silver-copper-tungsten metal association can be typical of drilling tools with tungsten carbide teeth and silver solder sourced from a broken drill bit introduced into the drill hole. Therefore, the interval may not be representative of the rock mass. The Company intends to confirm whether this is actual mineralisation, or a result of downhole contamination, with a follow-up drill hole during the 2021 field season.

Summary of Drilling Results and Conclusions

The assay results from the four holes presented above are consistent with the first three drill holes, intersecting prospective lithologies (Puntapunta Formation) and pathfinder element (silver, copper and bismuth) anomalism, potentially the distal signature of intrusion related mineralised systems. Follow-up drilling is recommended to test for further development of brecciated and mineralised lithologies, in particular along strike at the "Teach" target, and at the newly defined "Architeuthis" magnetic target, described below.

These results and targets will be further assessed and ranked against the multiple targets within the Company's 100% owned ground and Farm-in/JV areas. Drilling of the Company's many existing targets, including targets identified in the 2020 airborne EM survey, is planned to commence in the coming weeks.

New Magnetic Target "Architeuthis" and Future Drilling Plans

Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified a new target within the Scallywag licence named "Architeuthis". Located in the hinge of the Scallywag Syncline, Architeuthis comprises an elongate, probably tabular north east trending and west south west dipping magnetic anomaly, around 600m long, hosted in Puntapunta Formation rocks. The anomaly is in a similar stratigraphic position to Havieron but located around 9km to the north west along strike. The magnetic anomaly has a footprint of around 600m x 150m. Architeuthis may represent primary mineralisation along the Scallywag Synform providing the possible distal mineralisation and pathfinder element response as seen in the 2020 Scallywag drilling.

Additional drill hole information is presented in Appendices I, II, III and IV. Drill hole collar locations are shown in Figure 1.

The Scallywag drill programme comprises the first stage of an extended drilling programme across Greatland's 100% Scallywag licence and the Juri Joint Venture (Greatland 75%; Newcrest 25% with the right to earn 75%). Greatland's future work comprises a staged exploration programme designed to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets. Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis targets. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area. Drilling is expected to be ongoing through the 2021 and 2022 field seasons.

A regional map showing the Havieron licence area with regional targets and adjacent landholdings can be found at: www.greatlandgold.com/paterson

Competent Person:

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Information in this announcement pertaining to Reporting of Exploration Results has been reviewed and approved by Mr John McIntyre, a Member of the Australian Institute of Geoscientists (MAIG), who has more than 30 years relevant industry experience. Mr McIntyre is a full-time consultant to the Company and has no financial interest in Greatland Gold plc or its related entities. Mr McIntyre has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil & Gas Companies, which outline standards of disclosure for mineral projects. Mr McIntyre consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. Mr McIntyre confirms that the Company is not aware of any new information or data that materially affects the information included in the relevant market announcements, and that the form and context in which the information has been presented has not been materially modified.

Additional information on the project can be found on the Company's website at www.greatlandgold.com/paterson/

In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website: www.greatlandgold.com/media/jorc

Enquiries:

Greatland Gold PLC

Shaun Day/Callum Baxter

Tel: [phone]

Email:[e-mail]

www.greatlandgold.com

SPARK Advisory Partners Limited (Nominated Adviser)

Andrew Emmott/James Keeshan

Tel: [phone]

Berenberg (Joint Corporate Broker and Financial Adviser)

Matthew Armitt/Jennifer Wyllie/Detlir Elezi

Tel: [phone]

Hannam & Partners (Joint Corporate Broker and Financial Adviser)

Andrew Chubb/Matt Hasson/Jay Ashfield

Tel: [phone]

SI Capital Limited (Joint Broker)

Nick Emerson/Alan Gunn

Tel: [phone]

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Alexis Gore/Joe Quinlan

Tel: [phone]

Notes for Editors:

Greatland Gold plc is a London Stock Exchange AIM-listed (AIM:GGP) natural resource exploration and development company with a current focus on precious and base metals.

The Company's flagship asset is the world class Havieron gold-copper deposit in the Paterson region of Western Australia. This asset is held in joint venture with Newcrest Mining Ltd. Havieron is located approximately 45km east of Newcrest's Telfer gold mine, processing plant and existing infrastructure.

The box cut and decline to develop the Havieron ore body was commenced in February 2021. In addition, a substantial ongoing growth drilling programme is presently underway at Havieron which is being undertaken in conjunction with preparation of a Pre- Feasibility Study. The PFS is expected to be released in late calendar 2021.

The Joint Venture Agreement includes tolling principles reflecting the intention of the parties that, subject to positive decision to mine, the resulting joint venture mineralised material will be processed at Telfer.

Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.

The Company is actively investigating a range of new opportunities in Australia for precious and strategic metals.

APPENDIX I

Scallywag Project (Greatland Gold plc 100%): Anomalous Drill Hole Results, Greatland Drilling (refer to Appendix II for selection criteria)

Hole ID	Depth	Depth To	Sample ID	Au	Ag	As	Bi	Cu	Pb
	From			ppm	ppm	ppm	ppm	ppm	ppm
KRD002	249.0000	249.5000	SCD10658	0.1120	1.01	1.4	0.09	9.1	14.3
KRD002	264.5000	265.0000	SCD10691	-	-0.05	0.8	8.78	29.4	10.7
				0.0050
KRD002	292.0000	292.5000	SCD10750	0.0260	0.06	-0.5	6.44	540.9	28.6
KRD002	294.0000	294.5000	SCD10754	-	0.05	-0.5	6.09	267.7	31.4
				0.0050
KRD002	296.5000	297.0000	SCD10761	0.0090	-0.05	-0.5	5.89	594.8	30.0
KRD002	297.0000	297.5000	SCD10762	0.0090	0.17	-0.5	8.48	660.4	30.0
KRD002	314.0000	315.0000	SCD10781	0.0120	-0.05	-0.5	5.71	152.2	20.7
KRD002	329.0000	330.0000	SCD10798	0.0070	0.05	-0.5	5.99	224.1	30.0
KRD002	342.0000	343.0000	SCD10813	0.0440	2.67	-0.5	0.61	8.8	13.8

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KRD002	404.0000	405.0000	SCD10879	-	-0.05	-0.5	7.81	199.6	32.6
				0.0050
KRD002	424.0000	425.0000	SCD10901	-	0.08	0.5	6.72	148.8	159.3
				0.0050
KRD002	466.0000	467.0000	SCD10947	-	0.53	0.5	5.94	115.2	141.3
				0.0050
KRD003	240.5000	241.0000	SCD11142	0.0160	0.24	2.1	10.64	114.8	51.3
KRD003	241.0000	241.5000	SCD11143	0.0060	0.15	0.8	5.05	46.5	73.1
KRD003	298.0000	299.0000	SCD11236	0.0070	-0.05	-0.5	6.43	92.9	80.2
KRD003	299.0000	300.0000	SCD11237	0.0090	0.10	-0.5	5.31	37.6	92.2
KRD003	355.0000	356.0000	SCD11297	-	0.43	0.9	5.49	106.3	137.6
				0.0050
KRD003	384.0000	385.0000	SCD11328	-	0.45	1.5	1.99	62.5	230.6
				0.0050
KRD003	396.0000	397.0000	SCD11342	0.0430	0.51	-0.5	9.13	529.5	7.9

"-" indicates half the detection limit in a below detection limit assay result.

APPENDIX II

LOD003 - anomalous Ag-Cu-W results and check sampling

Sample	Sample ID	Depth	Depth	Interval	Lithology	Au_ppm	Ag_ppm	Cu_ppm Ni_ppm W_ppm
Phase	From	To
Initial	SCD12038	347.00	348.00	1.00	Quartzite	-0.0050	-0.05	3.4	57.2	3.7
Initial	SCD12039	348.00	349.00	1.00	Quartzite	-0.0050	-0.05	3.7	6.7	0.6
Initial	SCD12040	349.00	350.00	1.00	Quartzite	-0.0050	872.00	1137.2	67.3	2000.0
Initial	SCD12041	350.00	351.00	1.00	Quartzite	-0.0050	3.51	5.9	3.6	9.5
Initial	SCD12042	351.00	352.00	1.00	Quartzite	-0.0050	0.56	5.2	3.7	3.5
Check	LOD003001	344.00	344.50	0.50	Quartzite	-0.005	0.09	17.7	34.9	1.5
Check	LOD003002	344.50	345.00	0.50	Quartzite	-0.005	-0.005	8	6.8	1.1
Check	LOD003003	345.00	345.50	0.50	Quartzite	-0.005	-0.005	3.7	4.7	0.7
Check	LOD003004	345.50	346.00	0.50	Quartzite	-0.005	-0.005	4	5.6	0.8
Check	LOD003005	346.00	346.50	0.50	Quartzite	-0.005	-0.005	4.1	5.6	0.6
Check	LOD003006	346.50	347.00	0.50	Quartzite	-0.005	-0.005	4.9	51.8	3.4
Check	LOD003007	347.00	347.50	0.50	Quartzite	-0.005	0.06	3.5	52.4	3.7
Check	LOD003008	347.50	348.00	0.50	Quartzite	-0.005	-0.005	5.3	61.2	4.5
Check	LOD003009	348.00	348.50	0.50	Quartzite	-0.005	-0.005	5.1	7.9	1.5
Check	LOD003010	348.50	349.00	0.50	Quartzite	-0.005	0.08	3.3	7	1.3
Check	LOD003011	349.00	349.35	0.35	Quartzite	-0.005	0.16	4.8	5.1	1.9
					Green
Check	LOD003012	349.35	349.45	0.10	puggy	0.021	>500.00	10036.8	556.9	>2000.0
clays
Check	LOD003013	349.45	350.00	0.55	Quartzite	-0.0050	11.25	19.8	5.7	76.3
Check	LOD003014	350.00	350.50	0.50	Quartzite	0.008	3.46	5.3	3.7	33.8
Check	LOD003015	350.50	351.00	0.50	Quartzite	-0.0050	2.11	3.9	4.1	17.5
Check	LOD003016	351.00	351.50	0.50	Quartzite	-0.0050	1.77	4.1	3.7	12.4
Check	LOD003017	351.50	352.00	0.50	Quartzite	-0.0050	1.86	5.3	3.3	12.7
Check	LOD003018	352.00	352.50	0.50	Quartzite	-0.0050	1.43	3.8	3.2	8.2
Check	LOD003019	352.50	353.00	0.50	Quartzite	-0.0050	1.7	4.1	3.4	9.5
Check	LOD003020	353.00	353.50	0.50	Quartzite	-0.0050	1.29	7.9	9.6	6.9
Check	LOD003021	353.50	354.00	0.50	Quartzite	-0.0050	1.2	6.6	26.7	10.7
Check	LOD003022	354.00	354.50	0.50	Quartzite	-0.0050	1.23	3.5	19.2	4.7
Check	LOD003023	354.50	355.00	0.50	Quartzite	-0.0050	1.15	3.8	3.4	3.9

"-" indicates half the detection limit in a below detection limit assay result.

APPENDIX III

JORC Code, 2012 Edition - Table 1 report template Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

Criteria

Sampling techniques

JORC Code explanation

• Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation)
• Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
• Aspects of the determination of mineralisation that are Material to the Public Report.
• In cases where 'industry

Commentary

• Greatland samples comprise half core material in generally 1m lengths (NQ core) or 0.5m lengths (in PQ core). All basement and the basal 20m of the Permian cover was sampled. Core was cut using an automated core-cutter.
• Historical drilling- no sampling reported.

standard' work has been done this would be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling

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· All data entry procedures, including original logging, sample depth selection for sampling and recording of sample numbers are

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data entry procedures, data verification, data storage (physical and electronic) protocols.

· No twinned holes have been completed;

· The use of twinned holes.

· Documentation of primary data,

· Samples suspected of downhole contamination from drilling equipment (see discussion in text of announcement) have been re-assayedand flagged as low priority assays in the database;

· The verification of significant intersections by either independent or alternative company personnel.

· No significant assay intervals were reported;

procedures adopted (e.g. standards, blanks, duplicates,

external laboratory checks) and · Historical drilling- no sampling reported. whether acceptable levels of

accuracy (i.e. lack of bias) and precision have been established.

· Nature of quality control

results indicates that an acceptable level of accuracy and precision has been achieved and the database contains no analytical data that has been numerically manipulated;

reference samples and field duplicate samples every 25 samples, in addition to the laboratories in- house QA/QC methods;

· Analysis of the quality control sample assay

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.

· Greatland QA/QC procedures include using

· For geophysical tools,

50gm fire assay and for a multi-elementscan using 4 acid digest and MS and OES finish for pathfinder and lithogeochemical elements. The assays are considered total rather than partial;

appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.

· The samples were assayed for Au by a

the sampling is representative of the in-situmaterial collected, including for instance results for field duplicate/second-halfsampling.

· Whether sample sizes are appropriate to the grain size of the material being sampled.

· The nature, quality and

· Historical drilling- no sampling reported.

· Measures taken to ensure that

· The sample sizes (2-3kg)are considered appropriate for the material being sampled;

· Quality control procedures adopted for all sub-samplingstages to maximise representivity of samples.

· Sub sampling is reduced to minimum by using total sample pulverization prior to sub sampling wherever possible;

· For all sample types, the nature, quality and appropriateness of the sample preparation technique.

WA). Samples were dried at 105oC, and the bulk of the samples pulverised (using LM5) to produce a pulped product. Oversize primary samples were crushed and a 3kg subsample then milled with the LM5 mill.

sampled, rotary split, etc. and whether sampled wet or dry.

· If non-core,whether riffled, tube · The samples are assayed at Intertek (Perth,

the laboratory. All core is cut with a core saw, and half core sampled;

whether quarter, half or all core taken.

recorded every metre using a KT20 machine;

· The bulk density of selected drill core intervals was determined at site on whole core samples.

· Digital data was recorded on site and stored in an SQL database;

· All drill cores were photographed, prior to cutting and sampling the core;

· Historical drilling- no sampling reported and logging not reviewed.

· If core, whether cut or sawn and · Drill core samples were freighted by road to

· Magnetic susceptibility measurements were

· The total length and percentage of the relevant intersections logged.

· Geotechnical measurements were recorded including Rock Quality Designation (RQD) fracture frequency, solid core recovery and qualitative rock strength measurements;

or quantitative in nature. Core (or costean, channel, etc.) photography.

· Whether logging is qualitative

· No specific measures have been taken to maximise recovery, other than employing skilled drillers;

· Recovery is measured on core and

Criteria

Drilling techniques

Drill sample recovery

Logging

Sub- sampling techniques and sample preparation

Quality of assay data and laboratory tests

Verification of sampling and assaying

problems. Unusual commodities	Commentary
JORC Code explanation
or mineralisation types (e.g.
submarine nodules) may
warrant disclosure of detailed
information.
· Drill type (e.g. core, reverse	· RC precollars were followed by PQ then NQ
circulation, open-hole hammer,	diamond drill core to EOH.
rotary air blast, auger, Bangka,	· The core is oriented using a Reflex mark III
sonic, etc.) and details (e.g. core
diameter, triple or standard	tool, nominally every core run (around 6m).
tube, depth of diamond tails,	· Historical drilling- see Appendix IV.
face-sampling bit or other type,
whether core is oriented and if
so, by what method, etc.).

· Method of recording and

assessing core and chip sample	reconciled against driller's depth blocks in
recoveries and results assessed.	each core tray. Basement core recovery is
· Measures taken to maximise	typically around 100%;

sample recovery and ensure representative nature of the samples.

· Whether a relationship exists	· Half core cut along orientation lines assist in
between sample recovery and	sample representivity;
grade and whether sample bias	· No relationship between recovery and grade
may have occurred due to
preferential loss/gain of	has been observed;
fine/coarse material.	· Historical drilling- no sampling reported.
· Whether core and chip samples	· The logging is of sufficient quality to support
have been geologically and	a Mineral Resource estimate and comprises a
geotechnically logged to a level	combination of quantitative and qualitative
of detail to support appropriate	features. The entire hole is logged;
Mineral Resource estimation,	· Geological logging recorded qualitative
mining studies and metallurgical
studies.	descriptions of lithology, alteration,
	mineralisation, veining, and structure
	including orientation of key geological
	features;