TIDMGGP
RNS Number : 3715T
Greatland Gold PLC
14 November 2023
Greatland Gold plc (AIM: GGP)
E: info@greatlandgold.com
W: https://greatlandgold.com
-- : twitter.com/greatlandgold
NEWS RELEASE | 14 November 2023
Drilling commences at 100% owned Ernest Giles Project
Co-funded diamond core drilling to test the high priority
Meadows gold prospect
Greatland Gold plc (AIM:GGP) (Greatland or the Company) is
pleased to advise that drilling has commenced at the Meadows gold
prospect within the Ernest Giles Project (Ernest Giles).
Highlights
-- Ernest Giles is an underexplored Archean greenstone belt
which lies within the highly mineralised Yilgarn Craton of Western
Australia
-- A drill rig is on site and has commenced diamond core
drilling at the highly prospective Meadows gold prospect
-- Heritage surveys and mobilisation was completed safely and
quickly following entry into the Ernest Giles Land Access Agreement
(LAA) in September 2023
-- First two diamond holes will test interpreted mineralised
zones and are co-funded by the Government of Western Australia's
Exploration Incentive Scheme (EIS) drilling grant for up to
A$220,000 (GBP115,000)
-- Current drilling builds on previous work at Ernest Giles and
will provide important geological and structural information to
inform a systematic reverse circulation drill program in 2024
Greatland Managing Director, Shaun Day, commented:
"We are very pleased to be drilling the high priority Meadows
gold prospect at Ernest Giles following conclusion of the Land
Access Agreement."
"Ernest Giles sits within an underexplored greenstone belt
located north of the world-class Tropicana and Gruyere gold
operations. As a 100% owned project, Ernest Giles represents an
excellent exploration opportunity for Greatland and our
shareholders."
Overview of the Ernest Giles Project
The Ernest Giles Project is located approximately 250km
north-east of the town of Laverton and covers a folded belt of
magnetic greenstone rocks ( Figure 1 ) which is typical of the
highly gold and nickel endowed parts of the Archean Goldfields of
Western Australia. The Goldfields host large gold camps such as
Kalgoorlie, St Ives, Leonora, Laverton, Mt Magnet, Jundee, Gruyere
and Tropicana. The prospective greenstone sequence at Ernest Giles
does not outcrop and is therefore underexplored relative to the
remainder of the Goldfields.
Greatland's granted and under-application tenure at Ernest Giles
comprises a comprehensive holding over what Greatland considers to
be the most prospective near surface portions of the Ernest Giles
belt, covering more than 1,950km(2) .
Figure 1 : Yilgarn Craton Goldfields and Archean Greenstones
Figure 2 : Laverton, Fraser Orogen-North and Ernest Giles
greenstone belts
Figure 3 : Greatland Ernest Giles Drilling on Reduced to Pole
Magnetics
Current drilling program
Previous exploration at Ernest Giles included a program of
62,800m spaced vertical RC drillholes, largely focused on the
Meadows prospect, in addition to airborne magnetics and ground
gravity surveys.
Gold mineralisation and anomalism is hosted within altered mafic
volcanic, banded iron formation (BIF) and syenite. The mafic is
pyrite and albite altered with thin quartz veinlets. Hematite
alteration has also been observed. The syenite comprises
disseminated pyrite and may be hematite altered.
Results returned previously included a peak of 16m @ 0.36g/t Au
from 182m downhole including 3m @ 1.28g/t Au in hole ERC011. Table
1 in Appendix 1 sets out all significant results.
The two EIS co-funded diamond core drill holes will provide the
first angled diamond holes and oriented core at Meadows, considered
critical for the geological understanding of the project.
Drill hole EG_Prop_1 targets two mineralised zones within the
previous vertical RC hole ERC011 which returned values +1g/t Au
(Appendix 1, Table 1 ) in mafic rock ( Figure 4 ).
Drill hole EG_Prop_2 targets the interpreted syenite (intrusive
granitoid) body intersected in ERC014 which returned 18m @ 0.11g/t
Au (Appendix 1, Table 1 ).
In addition, the drilling is planned to:
-- confirm gold mineralisation and anomalism intersected in
previous RC drilling and test for continuity down dip;
-- provide geological and structural information to understand
the setting and nature of gold mineralisation;
-- investigate a larger section across strike than has been
possible with vertical drillholes;
-- identify pathfinders for mineralisation; and
-- be utilised as a platform for downhole geophysics should it
be viable.
Figure 4 : Planned drilling at Meadows on interpreted
geology
Further work
Additional ongoing work will include airborne geophysics to
better understand the geology of the entire Ernest Giles belt. A
follow up RC drilling program will be designed utilising the
knowledge gained from the current drilling, to systematically
target the best results of all drilling at Meadows to date. This
work will commence in the 2024 calendar year.
Contact
For further information, please contact:
Greatland Gold plc
Shaun Day, Managing Director | info@greatlandgold.com
Nominated Advisor
SPARK Advisory Partners
Andrew Emmott / James Keeshan / Neil Baldwin | +44 203 368
3550
Corporate Brokers
Berenberg | Matthew Armitt / Jennifer Lee | +44 203 368 3550
Canaccord Genuity | James Asensio / George Grainger | +44 207
523 8000
SI Capital Limited | Nick Emerson / Sam Lomanto | +44 148 341
3500
Media Relations
UK - Gracechurch Group | Harry Chathli / Alexis Gore / Henry
Gamble | +44 204 582 3500
Australia - Fivemark Partners | Michael Vaughan | +61 422 602
720
About Greatland
Greatland is a mining development and exploration company
focused primarily on precious and base metals.
The Company's flagship asset is the world-class Havieron
gold-copper project in the Paterson Province of Western Australia,
discovered by Greatland and presently under development in joint
venture with world gold major, Newmont Corporation.
Havieron is located approximately 45km east of Newmont's
existing Telfer gold mine. The box cut and decline to the Havieron
orebody commenced in February 2021. Total development now exceeds
2,820m including over 2,030m of advance in the main access decline
(as at 8 October 2023). Subject to a positive feasibility study and
Decision to Mine, Havieron is intended to leverage the existing
Telfer infrastructure and processing plant. Access to Telfer will
de-risk the development and reduces capital expenditure.
Greatland has a proven track record of discovery and exploration
success and is pursuing the next generation of tier-one mineral
deposits by applying advanced exploration techniques in
under-explored regions. Greatland has a number of exploration
projects across Western Australia and in parallel to the
development of Havieron is focused on becoming a multi-commodity
miner of significant scale.
Competent Persons Statement
Information in this announcement pertaining to Reporting of
Exploration Results has been reviewed and approved by Mr Damien
Stephens, a Member of the AusIMM, who has more than 30 years
relevant industry experience. Mr Stephens is a full-time employee
of the Company and has a financial interest in Greatland. Mr
Stephens 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 and Gas Companies, which outline standards of disclosure
for mineral projects. Mr Stephens consents to the inclusion in this
announcement of the matters based on this information in the form
and context in which it appears. Mr Stephens confirms that the
Company is not aware of any new information or data that materially
affects the information included in the historical market
announcements, and that the form and context in which the
information has been presented has not been materially
modified.
Appendix 1: Previous Drilling at Ernest Giles
Table 1 : significant results from previous Greatland
drilling
Hole Hole Type Depth Depth Width Grade Intercept Description
From To
1m @ 1.15 g/t
ERC002A RC 149 150 1 1.15 Au
2m @ 0.35 g/t
ERC011 RC 144 146 2 0.35 Au
9m @ 0.35 g/t
ERC011 RC 159 168 9 0.35 Au
3m @ 0.90 g/t
including* 161 164 3 0.9 Au
16m @ 0.36 g/t
182 198 16 0.36 Au
3m @ 1.28 g/t
including* 189 192 3 1.28 Au
2m @ 0.26 g/t
ERC013 RC 213 215 2 0.26 Au
3m @ 0.28 g/t
270 273 3 0.28 Au
1m @ 0.51 g/t
including* 270 271 1 0.51 Au
18m @ 0.11 g/t
ERC014 RC 232 250 18 0.11 Au
4m @ 0.20 g/t
ERC061 RC 232 236 4 0.2 Au
========= ================== ====== ====== ====== ====== ======================
Note: intercepts were calculated using a 0.1g/t Au cut off,
minimum interval of 1m and maximum internal waste of 5m. * higher
grade intercepts used a 0.5g/t cut off.
Table 2 : all previous drill holes at Ernest Giles
Hole Type East North RL Grid Depth Dip Drilled Company
AHD
EGD001 DD 583651 7040552 500 MGA20_51 378.8 -90 2010 Greatland
EGD002 DD 585351 7036302 500 MGA20_51 333.5 -90 2010 Greatland
EGD003 DD 600671 7014132 500 MGA20_51 300.9 -90 2010 Greatland
EGD004 DD 599051 7017227 500 MGA20_51 300.8 -90 2010 Greatland
ERC001 RC 598996 7017602 472 MGA20_51 300 -90 2012 Greatland
ERC002 RC 599382 7017600 465 MGA20_51 139 -90 2012 Greatland
ERC002A RC 599400 7017603 465 MGA20_51 288 -90 2012 Greatland
ERC003 RC 598602 7017631 474 MGA20_51 199 -90 2012 Greatland
ERC004 RC 570601 7039502 483 MGA20_51 348 -90 2012 Greatland
ERC005 RC 597996 7058107 414 MGA20_51 300 -90 2015 Greatland
ERC006 RC 585800 7062902 423 MGA20_51 300 -90 2015 Greatland
ERC007 RC 598863 7016644 466 MGA20_51 304 -90 2015 Greatland
ERC008 RC 618701 7061502 400 MGA20_51 300 -90 2015 Greatland
ERC009 RC 598000 7017802 472 MGA20_51 300 -90 2016 Greatland
ERC010 RC 598800 7017803 478 MGA20_51 250 -90 2016 Greatland
ERC011 RC 599604 7017802 463 MGA20_51 200 -90 2016 Greatland
ERC012 RC 600397 7017802 458 MGA20_51 220 -90 2016 Greatland
ERC013 RC 601201 7017804 456 MGA20_51 280 -90 2016 Greatland
ERC014 RC 602001 7017802 458 MGA20_51 278 -90 2016 Greatland
ERC015 RC 602805 7017804 464 MGA20_51 260 -90 2016 Greatland
ERC016 RC 603607 7017800 469 MGA20_51 290 -90 2016 Greatland
ERC017 RC 595432 7022177 471 MGA20_51 204 -90 2016 Greatland
ERC018 RC 599602 7021000 458 MGA20_51 240 -90 2016 Greatland
ERC019 RC 599596 7014600 476 MGA20_51 306 -90 2016 Greatland
ERC020 RC 600404 7014598 448 MGA20_51 200 -90 2016 Greatland
ERC021 RC 601204 7014600 472 MGA20_51 270 -90 2016 Greatland
ERC022 RC 602004 7014602 461 MGA20_51 280 -90 2016 Greatland
ERC023 RC 602804 7014602 421 MGA20_51 252 -90 2016 Greatland
ERC024 RC 603601 7014604 456 MGA20_51 250 -90 2016 Greatland
ERC025 RC 602006 7012999 480 MGA20_51 240 -90 2016 Greatland
ERC026 RC 601203 7013006 475 MGA20_51 180 -90 2016 Greatland
ERC027 RC 600401 7013003 486 MGA20_51 237 -90 2016 Greatland
ERC028 RC 599599 7016203 480 MGA20_51 192 -90 2016 Greatland
ERC029 RC 600374 7016270 479 MGA20_51 190 -90 2016 Greatland
ERC030 RC 601200 7016199 453 MGA20_51 180 -90 2016 Greatland
ERC031 RC 601998 7019403 471 MGA20_51 282 -90 2016 Greatland
ERC032 RC 618399 7061604 370 MGA20_51 274 -90 2018 Greatland
ERC033 RC 618002 7062603 378 MGA20_51 330 -90 2018 Greatland
ERC034 RC 597904 7058203 413 MGA20_51 408 -90 2018 Greatland
ERC035 RC 592001 7070201 414 MGA20_51 497 -90 2018 Greatland
ERC036 RC 594802 7068801 404 MGA20_51 408 -90 2018 Greatland
ERC037 RC 597203 7018603 409 MGA20_51 380 -90 2018 Greatland
ERC038 RC 598001 7018615 397 MGA20_51 161 -90 2018 Greatland
ERC039 RC 598805 7018601 468 MGA20_51 252 -90 2018 Greatland
ERC040 RC 599602 7018607 475 MGA20_51 240 -90 2018 Greatland
ERC041 RC 600406 7018599 462 MGA20_51 250 -90 2018 Greatland
ERC042 RC 601204 7018601 477 MGA20_51 290 -90 2018 Greatland
ERC043 RC 602002 7018602 456 MGA20_51 290 -90 2018 Greatland
ERC044 RC 602807 7018610 463 MGA20_51 300 -90 2018 Greatland
ERC045 RC 597201 7017800 466 MGA20_51 360 -90 2018 Greatland
ERC046 RC 597197 7016999 465 MGA20_51 380 -90 2018 Greatland
ERC047 RC 597999 7017006 468 MGA20_51 380 -90 2018 Greatland
ERC048 RC 598803 7017006 453 MGA20_51 318 -90 2018 Greatland
ERC049 RC 599606 7017000 463 MGA20_51 192 -90 2018 Greatland
ERC050 RC 601209 7017035 453 MGA20_51 220 -90 2018 Greatland
ERC051 RC 602062 7017000 452 MGA20_51 252 -90 2018 Greatland
ERC052 RC 602800 7017000 449 MGA20_51 260 -90 2018 Greatland
ERC053 RC 600402 7017007 451 MGA20_51 190 -90 2018 Greatland
ERC054 RC 599611 7013796 481 MGA20_51 282 -90 2018 Greatland
ERC055 RC 600404 7013799 482 MGA20_51 240 -90 2018 Greatland
ERC056 RC 601197 7013805 472 MGA20_51 174 -90 2018 Greatland
ERC057 RC 602003 7013802 468 MGA20_51 240 -90 2018 Greatland
ERC058 RC 601202 7019404 457 MGA20_51 267 -90 2018 Greatland
ERC059 RC 600404 7019403 455 MGA20_51 252 -90 2018 Greatland
ERC060 RC 599600 7019400 461 MGA20_51 280 -90 2018 Greatland
ERC061 RC 598795 7019403 458 MGA20_51 260 -90 2018 Greatland
ENGC001 RC 599839 7019361 470 MGA20_51 204 -90 1996-1999 Western Mining
ENGC002 RC 597439 7019361 470 MGA20_51 120 -90 1996-1999 Western Mining
ENGC003 RC 603039 7019361 470 MGA20_51 108 -90 1996-1999 Western Mining
ENGC004 RC 601739 7015761 470 MGA20_51 120 -90 1996-1999 Western Mining
ENGC005 RC 604139 7015761 470 MGA20_51 150 -90 1996-1999 Western Mining
ENGC006 RC 599339 7015761 470 MGA20_51 150 -90 1996-1999 Western Mining
ENGC007 RC 601339 7015761 470 MGA20_51 200 -90 1996-1999 Western Mining
ENGC008 RC 585639 7034161 470 MGA20_51 168 -90 1996-1999 Western Mining
MRG Metals
EY4001 RCD 604976 7060030 411 MGA20_51 249.4 -90 2014 Expl.
MRG Metals
EY4002 RC 581050 7061049 438 MGA20_51 169 -90 2014 Expl.
MRG Metals
EY4003 RCD 580713 7052931 444 MGA20_51 549.4 -90 2014 Expl.
========= ====== ======= ======== ===== ========= ====== ==== ========== ===============
Appendix 2: JORC Table 1
Section 1 Ernest Giles Project: Sampling Techniques and Data
Criteria JORC Code Explanation Commentary
Sampling
techniques * Nature and quality of sampling (eg cut channels, * Reverse Circulation (RC) Drilling and RC pre-collars
random chips, or specific specialised industry for diamond
standard measurement tools appropriate to the
minerals under investigation)
* 1m samples were collected from the cyclone and a
hollow "spear" was used to collect a sample for
* Include reference to measures taken to ensure sample assay. The residue was placed in individual piles on
representivity and the appropriate calibration of any the ground.
measurement tools or systems used
* The samples were then composited over 4m and were
* Aspects of the determination of mineralisation that collected for the entire length of the drillhole
are Material to the Public Report including cover. An approximate 3kg sample was
pulverised to provide a 50g charge for fire assay for
gold and 25g charges for 47 element geochemistry
* In cases where 'industry standard' work has been done analysis.
this would be relatively simple (eg 'reverse
circulation drilling was used to obtain 1 m samples
from which 3 kg was pulverised to produce a 30 g * Diamond drilling
charge for fire assay'). In other cases more
explanation may be required, such as where there is
coarse gold that has inherent sampling problems. * Where diamond commenced in Proterozoic cover and in
Unusual commodities or mineralisation types (eg areas considered of low interest in the bedrock in
submarine nodules) may warrant disclosure of detailed early holes, a 20cm long piece of half core was
information sampled every 4 metres.
* In archean basement areas of interest in early
drilling and for the whole basement in later drilling
,
half core was sampled on a single metre basis.
* The entire sample was crushed and pulverized to
provide a 50g charge for fire assay for gold and 25g
charges for 47 element geochemistry analysis.
MMI soil sampling
* Samples were collected from a depth of 300mmm and
sieved to -2mm and sent for MMI analysis for a suite
of 53 elements.
* Target elements are extracted using weak solutions of
organic and inorganic compounds rather than
conventional aggressive acid or cyanide-based digest
for a partial extraction of minerals adhered to the
boundary of grains in an effort to identify
transported metals using ICP-MS.
Passive seismic was carried
out over the Meadows target area.
A total of 184 readings were
taken over five east-west lines
and were used for calibration
of the interface depths to estimate
the regolith-basement interface.
Ground Gravity was undertaken
in the Meadows, Wishbone and
Empress target areas at a sample
spacing of 1600m x 200m for a
total of 360 line km
Drilling
techniques * Drill type (eg core, reverse circulation, open-hole * RC
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 * A single purpose RC drill rig was used to complete
other type, whether core is oriented and if so, by vertical holes.
what method, etc)
* No information is available as to whether a face
sampling hammer was used, but it is assumed.
* Diamond drilling
* A multipurpose drilling rig was used to complete
vertical holes.
* Holes were pre-collared with RC to bedrock
(approximately 100-150m), then completed with diamond
core to between 300 and 380m.
* No information is available on core diameter or tube
type. A combination of HQ and NQ with standard (not
triple) tube is assumed.
* As holes are vertical no orientation of cure was
possible.
Drill
sample * Method of recording and assessing core and chip * Recovery is measured on core and reconciled against
recovery sample recoveries and results assessed driller's depth blocks in each core tray. Basement
core recovery is typically around 100%.
* Measures taken to maximise sample recovery and ensure
representative nature of the samples * No specific measures have been taken to maximise
recovery, other than employing skilled drillers.
* Whether a relationship exists between sample recovery
and grade and whether sample bias may have occurred * No relationship between recovery and grade has been
due to preferential loss/gain of fine/coarse material observed.
Logging
* Whether core and chip samples have been geologically * The logging comprises a combination of quantitative
and geotechnically logged to a level of detail to and qualitative features. The entire hole is logged.
support appropriate Mineral Resource estimation,
mining studies and metallurgical studies
* Geological logging recorded qualitative descriptions
of lithology, alteration, mineralisation, veining,
* Whether logging is qualitative or quantitative in and structure of key geological features.
nature. Core (or costean, channel, etc) photography
* Digital data was recorded on site and stored in an
* The total length and percentage of the relevant SQL database.
intersections logged
* The ground EM survey data was interpreted and
reported by expert geophysical Consultants NewExCo.
Sub-sampling
techniques * If core, whether cut or sawn and whether quarter, * All samples were freighted by road to the laboratory.
and sample half or all core taken.
preparation
* All core is cut with a core saw, and half core
* If non-core, whether riffled, tube sampled, rotary samples sent to the laboratory.
split, etc and whether sampled wet or dry
* All drill samples were sent to Genalysis Laboratories
* For all sample types, the nature, quality and in Kalgoorlie and analysed for a suite of 47
appropriateness of the sample preparation technique elements.
* Quality control procedures adopted for all * RC composite samples showing anomalous gold levels
sub-sampling stages to maximise representivity of were then resampled at 1m sample intervals with the
samples same technique as the composites.
* Measures taken to ensure that the sampling is * The sample sizes (0.5-3kg) are considered appropriate
representative of the in situ material collected, for the material being sampled.
including for instance results for field
duplicate/second-half sampling
* MMI samples were sent to SGS Laboratories in Perth
and analysed for a suite of 53 elements.
* Whether sample sizes are appropriate to the grain
size of the material being sampled
Quality
of assay * The nature, quality and appropriateness of the * The drill samples were assayed for Au by a 50gm fire
data and assaying and laboratory procedures used and whether assay and 25g for a multi-element scan using 4 acid
laboratory the technique is considered partial or total digest and MS and OES finish for pathfinder and
tests lithogeochemical elements. The assays are considered
total rather than partial.
* For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model, * Blanks were inserted roughly every 25 samples in
reading times, calibrations factors applied and their diamond core. Greatland QA/QC procedures include
derivation, etc using reference samples and field duplicate samples
every 25 samples, in addition to the laboratories in-
house QA/QC methods include duplicates , standard and
* Nature of quality control procedures adopted (eg blank assays for each batch.
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy (ie
lack of bias) and precision have been established. * Analysis of the quality control sample assay results
indicates that an acceptable level of accuracy and
precision has been achieved.
* Comparison of the original laboratory files and the
database plus database logs indicates no analytical
data has been numerically manipulated.
Verification
of sampling * The verification of significant intersections by * No twinned holes have been completed.
and assaying either independent or alternative company personnel.
* All data entry procedures, including original logging,
* The use of twinned holes sample depth selection for sampling and recording of
sample numbers are recorded digitally in an
electronic database.
* Documentation of primary data, data entry procedures,
data verification, data storage (physical and
electronic) protocols * There are no adjustments to assay data, other than
below detection samples are reported at negative one
half the detection limit.
* Discuss any adjustment to assay data.
MMI Results correlated favourably
with pre-existing drilling and
with a trial of Newcrest's proprietary
Deep Sensing Geochemistry (DSG)
sampling.
Location
of data * Accuracy and quality of surveys used to locate drill * Drill collar and surface sample locations were
points holes (collar and down-hole surveys), trenches, mine surveyed using hand held GPS. RL's were collected
workings and other locations used in Mineral Resource with the same GPS
estimation.
* As all holes were drilled vertically drill rig
* Specification of the grid system used. alignment was not required.
* Quality and adequacy of topographic control * Downhole survey was collected using a single shot
reflex down hole camera for diamond holes at 90
metres, then base of transported and every fifty
metres in bedrock. No downhole surveys were taken for
RC holes
* The topography is generally low relief to flat,
elevation within the dune corridors in ranges between
250-265m AHD steepening to the southeast
* All coordinates are provided in the Geocentric Datum
of Australian (GDA94 Zone 51). All relative depth
information is reported in Australian Height Datum
(AHD)
Data spacing RC holes were vertical and drilled
and * Data spacing for reporting of Exploration Results on a broad grid spacing of 1,600m
distribution x 800m. The broad spaced holes
were designed to test basement
* Whether the data spacing and distribution is lithologies for gold mineralisation
sufficient to establish the degree of geological and which had been intersected in
grade continuity appropriate for the Mineral Resource previous 'wildcat' drilling by
and Ore Reserve estimation procedure(s) and the company, and also test geochemical
classifications applied responses from surface sampling
work carried out by a previous
explorer.
* Whether sample compositing has been applied * RC samples including RC pre-collars were original
composited to 4m. any anomalous intervals where then
re-assayed on 1m intervals.
Diamond drilling was carried
out on a "wild cat " basis with
individual holes testing geochemical
and geophysical anomalies
The drill data spacing is not
sufficient for calculation of
a mineral resource or reserve
and none is reported.
MMI sampling was done on 200m
x800m basis with the shorter
distance across strike.
Orientation
of data * Whether the orientation of sampling achieves unbiased * Drilling is vertical into what are expected to be
in relation sampling of possible structures and the extent to dominantly vertical stratigraphy. Any mineralisation
to which this is known, considering the deposit type intervals are expected to be significantly greater
geological than true width.
structure
* 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 * The measures taken to ensure sample security * The security of samples is controlled by tracking
samples from drill rig to database.
--
Audits
or reviews * The results of any audits or reviews of sampling * No audits or reviews have been completed
techniques and data
============= ============================================================ =======================================================================
Section 2 Ernest Giles Project: Reporting of Exploration
Results
Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, The Ernest Giles tenements
tenement location and ownership E38/3185 and E38/2205 are 100%
and land including agreements owned by Greatland Pty Ltd
tenure or material issues Land Access Agreements are
status with third parties currently being negotiated
such as joint ventures, with the native title holders
partnerships, overriding and claimants for all granted
royalties, native title tenement and applications.
interests, historical No access has currently been
sites, wilderness or approved.
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 Acknowledgment and CRA initially carried out
done by appraisal of exploration an aeromagnetic survey in the
other parties by other parties mid 90's.
WMC after reviewing the geophysics
interpreted the area as containing
archean greenstones, and completed
regional soils and gravity
surveys along with 200m spaced
aeromagnetic and 8 RC holes
(ENGC01-8) over what is now
the Meadows prospect, identifying
anomalous gold between 1996
and 1999.
MRG metal completed further
aeromagnetics and 3 diamond
holes (EY4001-EY4003) in the
region from 2011 to 2015.
Geology Deposit type, geological Exploration is for Yilgarn
setting and style of style Archean lode gold.
mineralisation
Drill A summary of all information Drill hole collar details
hole Information material to the understanding are listed in Appendix 1 (Table
of the exploration 2) and anomalous results in
results including a Appendix 1 (Table 1).
tabulation of the following
information for all
Material drill holes:
easting and northing
of the drill hole collar
elevation or RL (Reduced
Level - elevation above
sea level in metres)
of the drill hole collar
dip and azimuth of
the hole
down hole length and
interception depth
hole length
If the exclusion of
this information is
justified on the basis
that the information
is not Material and
this exclusion does
not detract from the
understanding of the
report, the Competent
Person should clearly
explain why this is
the case
Data aggregation In reporting Exploration No economically significant
methods Results, weighting results have been reported,
averaging techniques, and no data aggregation methods
maximum and/or minimum have been applied.
grade truncations (eg Where anomalous results are
cutting of high grades) quoted (Appendix 1, Table 1)
and cut-off grades the samples have been selected
are usually Material as follows:
and should be stated Au >0.1ppm or Au >0.5ppm for
Where aggregate intercepts higher grade
incorporate short lengths with a maximum consecutive
of high grade results internal waste of 5m
and longer lengths
of low grade results,
the procedure used
for such aggregation
should be stated and
some typical examples
of such aggregations
should be shown in
detail
The assumptions used
for any reporting of
metal equivalent values
should be clearly stated
Relationship These relationships No economically significant
between are particularly important results are reported, and there
mineralisation in the reporting of is no known relationship between
widths Exploration Results reported widths and the geometry
and intercept If the geometry of of any mineralisation.
lengths the mineralisation All intercepts are reported
with respect to the downhole as true width is not
drill hole angle is known.
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 Appropriate maps and Maps are provided in Figures
sections (with scales) 1 - 3. No significant discovery
and tabulations of is reported.
intercepts should be
included for any 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 Where comprehensive The reporting is considered
reporting reporting of all Exploration balanced.
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 Other exploration No other substantive exploration
substantive data, if meaningful data other than that provided
exploration and material, should in the figures.
data 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 The nature and scale Finalization of land access
work of planned further agreement is required prior
work (eg tests for to further on ground work.
lateral extensions Systematic .infill of anomalous
or depth extensions RC and diamond drilling is
or large-scale step-out planned for the Meadows prospect.
drilling)
Diagrams clearly highlighting
the areas of possible
extensions, including
the main geological
interpretations and
future drilling areas,
provided this information
is not commercially
sensitive
================== ================================= ====================================
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END
DRLBIBRTMTMBMBJ
(END) Dow Jones Newswires
November 14, 2023 02:03 ET (07:03 GMT)
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