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Monument Announces Burnakura Phase 1 Assay Results Including High-Grade Gold at Junction Target

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·26 min read
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Figure 1

Phase 1 and 2 drilling target areas and completed Phase 1 collar locations
Phase 1 and 2 drilling target areas and completed Phase 1 collar locations
Phase 1 and 2 drilling target areas and completed Phase 1 collar locations

Figure 2

Munro Bore Extension Drilling
Munro Bore Extension Drilling
Munro Bore Extension Drilling

Figure 3

Completed drilling at the Junction Prospect
Completed drilling at the Junction Prospect
Completed drilling at the Junction Prospect

Figure 4

Phase 1 RC Drilling at FLC2 Prospect
Phase 1 RC Drilling at FLC2 Prospect
Phase 1 RC Drilling at FLC2 Prospect

Figure 5

Phase 1 RC Drilling at FLC3 Prospect
Phase 1 RC Drilling at FLC3 Prospect
Phase 1 RC Drilling at FLC3 Prospect

Figure 6

Phase 1 drilling at Banderol South Target
Phase 1 drilling at Banderol South Target
Phase 1 drilling at Banderol South Target

VANCOUVER, British Columbia, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce the drill results from the Phase 1 drilling program undertaken in July and August 2021 at the company’s Murchison Gold Project in the Meekatharra region of Western Australia.

The Phase 1 program comprised 46 reverse circulation (RC) holes (3,465m) and 349 aircore (AC) holes (10,484m) testing new targets, focusing on areas outside of current resources in the wholly-owned Burnakura project.

HIGHLIGHTS OF DRILL RESULTS

Significant drill intercepts are show in Table 1 below:

Table 1: Highlights of Drill Results

Target

Drillhole ID

Type

From (m)

To (m)

Length (m)

Au (g/t)

Munro Bore Extension

21BNRC037

RC

31

36

5

1.53

21BNRC038

RC

111

113

2

0.81

and

RC

119

122

3

1.91

21BNRC039

RC

60

62

2

1.56

and

RC

106

108

2

3.70

FLC2

21BNRC008

RC

5

13

8

0.97

21BNRC026

RC

18

25

7

0.82

Junction

21BNAC213

AC

22

25

3

10.2

including

AC

22

23

1

27.3










See Appendix 1 for more detailed hole information.

Key results of the drilling program are as following:

  • Munro Bore Extension: 160m strike extension confirmed at the Munro Bore Extension, southwest of the historical Munro Bore deposit (outside of Monument’s tenements).

  • Junction: New high-grade discovery at the Junction target (3m at 10.2 g/t Au including 1m at 27.3 g/t Au from 21BNAC213), where AC drilling intersected gold under transported cover in association with a significant shear zone and no known historical drilling or surface sampling.

  • FLC2: The gold mineralization appears to be associated with various lithological contacts based on the Phase 1 drill program assay results and geological logging. Several holes may need to be extended to determine whether the shallow mineralization previously identified continues at depth.

Monument CEO and President Cathy Zhai commented: “The results from the Phase 1 drilling program are highly-encouraging, which confirms the exploration team’s target selection strategy that implemented to identify new zones of mineralization at underexplored areas within the Burnakura Gold Project. The discovery of high-grade gold mineralization at the Junction Target is particularly exciting given it is located in an area with no known prior exploration and there is significant room to extend this mineralization with further drill programs.”

PHASE 1 RC/AC DRILLING PROGRAM

The Phase 1 drilling program was designed to test new high-quality structural targets beneath cover within the Burnakura Project that may lead to the identification of shallow stand-alone or satellite gold deposits to supplement the Project’s current resource base (Figure 1). These targets include Authaal East, Banderol South, Junction and Munro Bore Extension.

The RC drilling targeting the FLC2 and FLC3 prospects was brought forward from Phase 2 drill program to take advantage of increased drill rig availability. This drilling targeted historical high-grade gold assays from rotary air blast (RAB) drilling as well as several intersections in RC holes.

In contrast to this, the Phase 2 program, which is now underway, is targeting down dip and down plunge extensions of known high-grade deposits along the North of Alliance (NOA) structure, some of which have been mined historically, potentially leading to an expansion of the current underground resources.

Figure 1: Phase 1 and 2 drilling target areas and completed Phase 1 collar locations is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1e7ca6f7-f8d4-4cc3-8a4a-722d34ba2cae

The Phase 1 drilling program was carried out between July 3rd and August 21st 2021 using a Schramm T450 rig managed by Strike Drilling.

A total of 46 RC holes for 3,465m were completed, comprising 12 holes for 1,301m at the Munro Bore Extension target and 34 holes for 2,164m at the FLC2 and FLC3 prospects.

A total of 349 AC holes were completed for 10,484m at the Authaal East, Banderol South and Junction targets as planned, although the eastern line of the Junction target was not drilled due to steep terrain. Furthermore, the depth to blade refusal was generally less than anticipated resulting in fewer metres drilled than originally planned.

Drill holes were angled at 60 degrees with varying azimuths and AC holes were generally spaced at 25m with lines spaced at between 400m to 950m.

MUNRO BORE EXTENSION

A total of 12 RC holes for 1,301m were drilled at the Munro Bore Extension target in three lines covering a mineralized strike length of 160m within tenement M51/178. This mineralization is the strike extension of the unexploited historical Mineral Resource at Munro Bore (266,000t at 1.6 g/t Au, reported in “Technical Project Review and Independent Valuation Report (Short Form)” prepared by Giralia Resources NL and reviewed by Ravensgate Mining Industry Consultants in January 2011).

Drill holes were spaced between 40m and 50m and drilled to depths from 60m to 160m. The area was also surface mapped at a scale of 1:2000 (Figure 2).

Figure 2: Munro Bore Extension Drilling is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/23a5be2f-2b5f-45bf-a69a-4b6853f7801f

The extended mineralization to Munro Bore deposit has been confirmed by the RC drilling. Mineralized intercepts include the following and are shown in Table 2 below: 5m at 1.53 g/t from 31m downhole (21BNRC037), 2m at 3.70g/t from 106m downhole (21BNRC039), and 3m at 1.91g/t from 119m downhole (21BNRC038).

Table 2: Munro Bore Extension Highlights

Target

Drillhole ID

Type

From (m)

To (m)

Length (m)

Au (g/t)

Munro Bore Extension

21BNRC005

RC

119

120

1

1.00

21BNRC037

RC

31

36

5

1.53

and

RC

71

72

1

1.00

21BNRC038

RC

111

113

2

0.81

and

RC

119

122

3

1.91

and

RC

129

130

1

2.35

21BNRC039

RC

60

62

2

1.56

and

RC

106

108

2

3.70

21BNRC041

RC

34

37

3

0.99

21BNRC042

RC

56

58

2

1.16

and

RC

65

66

1

1.49










The main mineralized intervals occur within a shear zone over a width of 45m to 65m that is hosted within granodiorite, basalt and dacite/felsic volcanics. Gold mineralization appears to be associated with disseminated pyrite up to 3%, in variably altered and sheared rocks. The shear zone trends in a north-easterly direction, dipping approximately 70 degrees to the northwest and appears to be a continuation of the structure on the adjacent tenement M51/338, host to the Munro Bore deposit.

The shear zone is located at the eastern contact of a circular granitic intrusion that has a diameter of approximately 1.3km. Strain has been focused on the edge of the intrusion within a more ductile intercalated package of basalts and felsic volcanics.

Although the reported mineralized intersections are relatively low grade, they are contained within a wide mineralized shear zone with anomalous gold scattered throughout that is located at a favorable lithological contact. A geological model will be completed that will assist in further targeting the shear zone to the south-west along the granite contact. In addition, the mineralization will be assessed for possible shallow RC infill drilling, targeting resources close to surface.

JUNCTION TARGET

This target represents a major confluence between an east-west oriented magnetic high and a north-south oriented magnetic high, which coincides with an apparent magnetic low.

A total of 192 holes for 5,847m of AC drilling were completed at the Junction target (Figure 3). A planned eastern most line was not drilled as the topography is steep and not suitable for a large drill rig.

Figure 3: Completed drilling at the Junction Prospect is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e182a1bf-594d-4936-8e3c-6b764377daf8

A best intersection of 3m at 10.2g/t Au from 22m downhole was returned from 21BNAC213, which included 1m at 27.3g/t Au as detailed below (Table 3):

Table 3: Junction Best Intercepts

Target

Drillhole ID

Type

From (m)

To (m)

Length (m)

Au (g/t)

Junction

21BNAC213

AC

22

25

3

10.2

Including

AC

22

23

1

27.3




There is also low-level gold mineralization in the adjacent holes including 21BNAC211 (0m to 4m at 0.22g/t Au and 4m to 8m at 0.15g/t Au), 21BNAC212 (0m to 4m at 0.32g/t Au, 4m to 8m at 0.14g/t Au and 8m to 12m at 0.17g/t Au), 21BNAC213 (0m to 4m at 0.16g/t Au) and 21BNAC214 (4m to 8m at 0.11g/t Au).

The mineralized intersection in 21BNAC213 is associated with a shear zone containing strongly sheared and sericite altered meta-sediments containing dark blue/grey quartz veins with very fine sulphides. The hanging wall lithology consists of a fine metasediment and the footwall consists of talc rich ultramafic.

The drilling at the Junction target intercepted narrow intervals of meta-sediments including minor banded iron formation horizons, mafic and ultramafic horizons, within a weak to moderately strained granite. The total width of the greenstone package varies from 100m to 800m wide. Geological mapping was completed along a north south line approximately 800m to the east of hole 21BNRC213. Structural measurements indicate that the foliation is dipping to the north at an average of 71 degrees with an average strike of 255 degrees.

Three grab samples were collected from a quartz vein within a shear/fault structure that outcrops 800m northeast and along strike of hole 21BNAC213. The samples returned weakly anomalous results (best Au values of 0.10 and 0.11 g/t grades) and indicate that the mineralization in hole 21BNAC213 could be associated with a larger scale shear system.

The high-grade intersection in 21BNAC213 is particularly significant because it is located in an area that is under transported cover that has no known historical drilling or surface sampling, and the gold mineralization is associated with a significant shear zone. There is significant potential to delineate a large mineralized system close to surface with further successful exploration drilling as the intersection is open both down dip and along strike. To the east of 21BNAC213, there is a strike length of approximately 5km within Monument’s project area with no known sampling, apart from the three grab samples described in this release.

FLC2 PROSPECT

The FLC2 target is located approximately 400m to the south of the Banderol pit and appears to be associated with the southward continuation of the same structural contact that hosts the mineralization within the pit. The Banderol pit produced an estimated 28koz of gold at 2.9g/t Au pre-2005 (Updated Mineral Resource, Burnakura Project, Western Australia, Australia NI 43-101 Technical Report. SRK, July 2018).

A total of 30 holes for 1882m were drilled at FLC2 (Figure 4).

Figure 4: Phase 1 RC Drilling at FLC2 Prospect is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf11dff1-f4f5-4a6d-b09f-c0004089f8a4

The best intercept is 8m at 0.97 g/t Au from 5m downhole in 21BNRC008. There are several other narrow low grade intercepts of similar tenor to historical intersections, including 7m at 0.82g/t Au from 18m downhole in 21BNRC026 (Table 4).

Table 4: FLC2 Prospect Highlights

Target

Drillhole ID

Type

From (m)

To (m)

Length (m)

Au (g/t)

FLC2

21BNRC008

RC

5

13

8

0.97

21BNRC011

RC

29

30

1

2.05

21BNRC013

RC

21

22

1

1.10

21BNRC015

RC

38

39

1

1.05

and

RC

43

44

1

2.30

21BNRC020

RC

55

58

3

0.85

21BNRC021

RC

55

56

1

1.33

21BNRC026

RC

18

25

7

0.82

21BNRC030

RC

23

24

1

1.20

Previous drilling consisted of fences of RAB holes, 80m apart and with a hole spacing of 40m drilled to a depth of 40m. Although low grade gold mineralization was intersected, with a best intersection of 10m at 3.4g/t Au and 3m at 5.0g/t Au, deeper percussion drilling targeting the down dip higher grade RAB results failed to intersect mineralization of economic grade or thickness. The base of complete oxidation averages 30m in depth whilst the top of fresh rock is located at a depth of approximately 45m.

The drilling results and geological logging from the Phase 1 drilling indicate that the mineralization is generally associated with mafic and ultramafic as well as ultramafic and granite lithological contacts. There is also some evidence of supergene enrichment. The localization of shearing along various lithological contacts combined with supergene enrichment has distributed mineralization across a strike of over 800 m and along a strike of approximately 700m.

To further target this mineralization and to focus on the most prospective areas, a more detailed geological interpretation based on all drilling and airborne magnetic images will need to be completed. In addition, some of the Phase 1 drill holes may need to be extended in future drill programs to further establish downdip mineralization continuity.

FLC3 PROSPECT

The FLC3 prospect is located 1.2km south of the Federal City Pit and includes several shallow historical high-grade gold intercepts that have been recorded over a very short strike length, including 10m at 10.9g/t (FCPH1526).

Eight lines of RAB drilling have been previously drilled around FCPH1526 in an attempt to delineate the high-grade mineralization; however, they intersected only very weakly anomalous gold, limiting the strike extent to 200m (Figure 5). Interpretation of the mineralization in drillholes indicates that the mineralization is trending in an approximate north-south direction.

As part of the Phase 1 drilling program, 4 RC holes (282m) were drilled to test the high-grade mineralization 40m to the north and south of FCPH1526 and investigate the down dip continuity. Surface mapping was also undertaken, however, outcrop is limited.

Figure 5: Phase 1 RC Drilling at FLC3 Prospect is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc6cdd7f-f943-4405-a645-d7d71192c38e

No anomalous results were received from any of the FLC3 Phase 1 drill holes and there appears to be limited potential to develop the FLC3 prospect further in the immediate drilling area. However, there is considerable strike length to the north and south of the FLC3 prospect that has not been drilled and these areas will be assessed as part of Monument’s ongoing target development strategy.

BANDEROL SOUTH TARGET

The Banderol South target is located approximately 2km to the south of the Banderol Pit where gold bearing ore was extracted from a north south orientated structure and treated at the Burnakura Plant site (Figure 6). No residual resource is reported from Banderol.

A total of 127 AC holes (21BNAC031-157) for 3,465m of drilling were completed at the Banderol South target. The best intersections included 4m @ 0.53 g/t Au in 21BNAC031 and 4m @ 0.51 g/t Au in 21BNAC129.

Figure 6: Phase 1 drilling at Banderol South Target is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5fcb3cd1-45b1-4b66-92d6-061bc31d4ee3

A sequence dominated by felsic volcanics with minor granodiorite, mafics and ultramafics was intersected. Transported cover is generally very shallow and less than 1m thick. Although the intersection in 21BNAC031 can be associated with a known north westerly mineralization trend within granite, the intersection in 21BNAC129 is associated with quartz veining of an unknown orientation and will need to be further investigated. The newly acquired geological information will be incorporated into the current interpretation to assist in future exploration targeting.

NEXT STEPS

Follow up work from the Phase 1 drill program will be initially focused on the exciting Junction target and may include the following:

  • Additional geological mapping further to the east at the Junction target which will help delineate areas that would be suitable for soil sampling.

  • Soil sampling at the Junction target to the east of the eastern most drilled line in areas that are not under transported cover.

  • Infill AC drill lines to the east and west of 21BNAC213.

  • Follow up RC drill program at the Junction target.

QUALITY ASSURANCE/QUALITY CONTROL

All drilling completed by Monument utilized the following procedures and methodologies, and was carried out by Strike Drilling Pty Ltd under the supervision of Monument personnel.

RC drilling used a 5.0-inch face sampling pneumatic hammer with samples collected into 60 litre plastic bags. Samples were collected as 1m splits from the cyclone or as 4m composites from the 60 litre plastic bags. Samples were kept dry by maintaining enough air pressure to exclude groundwater inflow; however a very small number of RC samples from this drill program were moist or wet.

AC drilling used a 4.0-inch blade and cuttings were collected in one metre intervals and split between a calico bag and a portion was placed onto the ground for spear sampling 4m composites. The 1m calico samples have been stored at the drill site until assay results are received and validated. Composites returning greater than 0.1g/t Au were subsampled using the 1m calico bags.

Coarse reject samples for all mineralized samples corresponding to significant Au intervals will be retained and stored on-site at the Company controlled core yard.

All drill samples were shipped to ALS Geochemistry laboratory in Townsville, QLD for preparation and analysis. All samples underwent routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish. Selected samples were dissolved by a four acid digestion and then analyzed for a suite of 33 elements using an ICP-AES finish.

Quality control procedures included the systematic insertion of blanks (1 in 50 samples), duplicates (1 in 40 samples) and sample standards (1 in 20 samples) into the sample stream at the drill site.

The results of the inserted reference materials, including blanks and standard were deemed to be satisfactorily in line with industry best practice. All inserted standards were within 2 standard deviations of certified values except for one sample that was rerun with several adjacent samples as an interval. The newly inserted standards passed within 2 standard deviations of expected values.

The scientific and technical information in this press release has been assembled by Adrian Woolford, Chief Geologist of the Company, reviewed and approved by Roger Stangler, MEng, FAusIMM, MAIG, a Qualified Person as defined by NI43-101, retained by Golder Associates Pty Ltd.

About Monument

Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has 20% interest in Tuckanarra Gold Project jointly owned with Odyssey Gold Ltd in the same region. The Company employs approximately 200 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6

FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:

Richard Cushing, MMY Vancouver T:+1-604-638-1661x102 rcushing@monumentmining.com

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Forward-Looking Statement

This news release includes statements containing forward-looking information about Monument, its business and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include the Company’s plans with respect to its mineral projects and the timing and results of proposed programs and events referred to in this news release. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to develop forward-looking statements in this news release include: expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price of gold of other minerals; the timing and amount of estimated future production; the expected timing and results of development and exploration activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Appendix 1 – Summary of Phase 1 Drill Collar Details and Significant Assays

Coordinates are shown in the MGA94, Zone 50 grid system. Results are reported uncapped. NSR stands for no significant result. RC (21BNRC holes) significant Au intercepts are defined as any intersection greater than 1m at 1.0g/t Au and AC (21BNAC holes significant intercepts are defined as any intersection greater than 1m at 0.5g/t Au.

RC Drill Hole Collar Details and Significant Assays

Hole ID

Target

Easting

Northing

RL

Azi

Dip

EOH (m)

Depth From (m)

Depth To (m)

Length (m)

Au grade (g/t)

21BNRC001

Munro Bore Extension

643501

7002621

499

128

-60

62

-

-

-

NSR

21BNRC002

Munro Bore Extension

643458

7002551

497

130

-60

60

-

-

-

NSR

21BNRC003

Munro Bore Extension

643405

7002487

496

130

-60

60

-

-

-

NSR

21BNRC004

Munro Bore Extension

643389

7002712

499

128

-60

160

-

-

-

NSR

21BNRC005

Munro Bore Extension

643350

7002642

499

130

-60

156

119

120

1

1.0

21BNRC006

Munro Bore Extension

643302

7002576

497

126

-60

153

-

-

-

NSR

21BNRC007

FLC2

641830

7004449

483

135

-60

94

-

-

-

NSR

21BNRC008

FLC2

641846

7004381

484

134

-60

95

5

13

8

0.97

21BNRC009

FLC2

641879

7004359

484

131

-60

94

-

-

-

NSR

21BNRC010

FLC2

641911

7004227

484

134

-60

67

-

-

-

NSR

21BNRC011

FLC2

641943

7004203

484

137

-60

59

29

30

1

2.05

21BNRC012

FLC2

641973

7004174

483

131

-60

89

-

-

-

NSR

21BNRC013

FLC2

642092

7004131

484

133

-60

65

21

22

1

1.1

21BNRC014

FLC2

642123

7004105

485

136

-60

47

-

-

-

NSR

21BNRC015

FLC2

642152

7004076

485

130

-60

83

38

39

1

1.05

21BNRC015

FLC2

43

44

1

2.3

21BNRC016

FLC2

642143

7004165

484

133

-60

60

-

-

-

NSR

21BNRC017

FLC2

642167

7004142

485

130

-60

60

-

-

-

NSR

21BNRC018

FLC2

642189

7004126

485

130

-60

60

-

-

-

NSR

21BNRC019

FLC2

642212

7004108

485

132

-60

60

-

-

-

NSR

21BNRC020

FLC2

642232

7004093

485

131

-60

80

55

58

3

0.85

21BNRC021

FLC2

642129

7003865

486

130

-60

60

55

56

1

1.33

21BNRC022

FLC2

642110

7003881

486

132

-60

60

-

-

-

NSR

21BNRC023

FLC2

642092

7003900

486

131

-60

60

-

-

-

NSR

21BNRC024

FLC2

642064

7003921

485

132

-60

60

-

-

-

NSR

21BNRC025

FLC2

642460

7004082

486

131

-60

43

-

-

-

NSR

21BNRC026

FLC2

642437

7004102

486

131

-60

52

18

25

7

0.82

21BNRC027

FLC2

642418

7004120

485

132

-60

59

-

-

-

NSR

21BNRC028

FLC2

642395

7004139

484

133

-60

53

-

-

-

NSR

21BNRC029

FLC2

642556

7004198

485

133

-60

46

-

-

-

NSR

21BNRC030

FLC2

642533

7004211

485

131

-60

60

23

24

1

1.2

21BNRC031

FLC2

642506

7004229

485

132

-60

60

-

-

-

NSR

21BNRC032

FLC2

642630

7004212

485

130

-60

46

-

-

-

NSR

21BNRC033

FLC2

642604

7004227

485

131

-60

50

-

-

-

NSR

21BNRC034

FLC2

642583

7004245

485

133

-60

40

-

-

-

NSR

21BNRC035

FLC2

642561

7004261

485

133

-60

60

-

-

-

NSR

21BNRC036

FLC2

642183

7004051

485

134

-60

60

-

-

-

NSR

21BNRC037

Munro Bore Extension

643469

7002647

499

130

-60

80

31

36

5

1.53

21BNRC037

Munro Bore Extension

71

72

1

1.00

21BNRC038

Munro Bore Extension

643429

7002682

500

129

-60

149

111

113

2

0.81

21BNRC038

Munro Bore Extension

119

122

3

1.91

21BNRC038

Munro Bore Extension

129

130

1

2.35

21BNRC039

Munro Bore Extension

643385

7002613

498

132

-61

143

60

62

2

1.56

21BNRC039

Munro Bore Extension

106

108

2

3.70

21BNRC040

Munro Bore Extension

643425

7002579

498

131

-60

80

-

-

-

NSR

21BNRC041

Munro Bore Extension

643373

7002514

496

128

-60

80

34

37

3

0.99

21BNRC042

Munro Bore Extension

643338

7002547

497

131

-60

118

56

58

2

1.16

21BNRC042

Munro Bore Extension

65

66

1

1.49

21BNRC043

FLC3

643839

7004335

490

93

-60

64

-

-

-

NSR

21BNRC044

FLC3

643801

7004327

489

93

-62

82

-

-

-

NSR

21BNRC045

FLC3

643831

7004233

492

94

-61

60

-

-

-

NSR

21BNRC046

FLC3

643801

7004232

491

97

-61

76

-

-

-

NSR

AC Drill Hole Collar Details and Significant Assays

Hole ID

Target

Easting

Northing

RL

Azi

Dip

EOH (m)

Depth From (m)

Depth To (m)

Length (m)

Au grade (g/t)

21BNAC001

Authaal East

645757

7005621

478

130

-60

27

-

-

-

NSR

21BNAC002

Authaal East

645741

7005634

477

130

-60

15

-

-

-

NSR

21BNAC003

Authaal East

645722

7005650

477

130

-60

13

-

-

-

NSR

21BNAC004

Authaal East

645702

7005660

477

130

-60

49

-

-

-

NSR

21BNAC005

Authaal East

645687

7005672

477

130

-60

37

-

-

-

NSR

21BNAC006

Authaal East

645662

7005695

476

130

-60

41

-

-

-

NSR

21BNAC007

Authaal East

645649

7005707

476

130

-60

19

-

-

-

NSR

21BNAC008

Authaal East

645624

7005728

476

130

-60

43

-

-

-

NSR

21BNAC009

Authaal East

645606

7005743

475

130

-60

48

-

-

-

NSR

21BNAC010

Authaal East

645592

7005757

475

130

-60

42

-

-

-

NSR

21BNAC011

Authaal East

645566

7005774

475

130

-60

41

-

-

-

NSR

21BNAC012

Authaal East

645545

7005793

474

130

-60

40

-

-

-

NSR

21BNAC013

Authaal East

645530

7005803

474

130

-60

40

-

-

-

NSR

21BNAC014

Authaal East

645508

7005822

474

130

-60

43

-

-

-

NSR

21BNAC015

Authaal East

645497

7005835

474

130

-60

40

-

-

-

NSR

21BNAC016

Authaal East

645480

7005847

473

130

-60

40

-

-

-

NSR

21BNAC017

Authaal East

645442

7005880

473

130

-60

60

-

-

-

NSR

21BNAC018

Authaal East

645412

7005892

473

130

-60

40

-

-

-

NSR

21BNAC019

Authaal East

645388

7005911

473

130

-60

40

-

-

-

NSR

21BNAC020

Authaal East

645375

7005922

473

130

-60

39

-

-

-

NSR

21BNAC021

Authaal East

645353

7005933

473

130

-60

40

-

-

-

NSR

21BNAC022

Authaal East

645334

7005966

473

130

-60

54

-

-

-

NSR

21BNAC023

Authaal East

645316

7005981

473

130

-60

42

-

-

-

NSR

21BNAC024

Authaal East

645295

7005996

473

130

-60

40

-

-

-

NSR

21BNAC025

Authaal East

645279

7006009

474

130

-60

40

-

-

-

NSR

21BNAC026

Authaal East

645264

7006028

474

130

-60

40

-

-

-

NSR

21BNAC027

Authaal East

645234

7006046

474

130

-60

38

-

-

-

NSR

21BNAC028

Authaal East

645218

7006061

474

130

-60

40

-

-

-

NSR

21BNAC029

Authaal East

645202

7006075

474

130

-60

40

-

-

-

NSR

21BNAC030

Authaal East

645181

7006091

474

130

-60

40

-

-

-

NSR

21BNAC031

Banderol South

642601

7002646

497

90

-60

40

28

32

4

0.53

21BNAC032

Banderol South

642578

7002647

497

90

-60

40

-

-

-

NSR

21BNAC033

Banderol South

642554

7002648

497

90

-60

33

-

-

-

NSR

21BNAC034

Banderol South

642528

7002648

498

90

-60

40

-

-

-

NSR

21BNAC035

Banderol South

642503

7002646

498

90

-60

40

-

-

-

NSR

21BNAC036

Banderol South

642478

7002647

498

90

-60

40

-

-

-

NSR

21BNAC037

Banderol South

642452

7002647

498

90

-60

42

-

-

-

NSR

21BNAC038

Banderol South

642429

7002650

498

90

-60

40

-

-

-

NSR

21BNAC039

Banderol South

642404

7002648

498

90

-60

40

-

-

-

NSR

21BNAC040

Banderol South

642377

7002646

498

90

-60

31

-

-

-

NSR

21BNAC041

Banderol South

642354

7002646

498

90

-60

27

-

-

-

NSR

21BNAC042

Banderol South

642327

7002647

499

90

-60

36

-

-

-

NSR

21BNAC043

Banderol South

642304

7002648

499

90

-60

40

-

-

-

NSR

21BNAC044

Banderol South

642271

7002632

501

90

-60

40

-

-

-

NSR

21BNAC045

Banderol South

642247

7002636

501

90

-60

40

-

-

-

NSR

21BNAC046

Banderol South

642227

7002646

499

90

-60

40

-

-

-

NSR

21BNAC047

Banderol South

642200

7002649

499

90

-60

32

-

-

-

NSR

21BNAC048

Banderol South

642175

7002649

499

90

-60

40

-

-

-

NSR

21BNAC049

Banderol South

642152

7002650

499

90

-60

40

-

-

-

NSR

21BNAC050

Banderol South

642134

7002649

499

90

-60

40

-

-

-

NSR

21BNAC051

Banderol South

642103

7002646

499

90

-60

40

-

-

-

NSR

21BNAC052

Banderol South

642078

7002646

500

90

-60

40

-

-

-

NSR

21BNAC053

Banderol South

642059

7002646

501

90

-60

40

-

-

-

NSR

21BNAC054

Banderol South

642028

7002618

502

90

-60

40

-

-

-

NSR

21BNAC055

Banderol South

642000

7002643

503

90

-60

40

-

-

-

NSR

21BNAC056

Banderol South

641978

7002644

503

90

-60

40

-

-

-

NSR

21BNAC057

Banderol South

641952

7002646

503

90

-60

40

-

-

-

NSR

21BNAC058

Banderol South

641926

7002646

503

90

-60

23

-

-

-

NSR

21BNAC059

Banderol South

641799

7002644

500

90

-60

18

-

-

-

NSR

21BNAC060

Banderol South

641776

7002647

499

90

-60

22

-

-

-

NSR

21BNAC061

Banderol South

641757

7002647

498

90

-60

16

-

-

-

NSR

21BNAC062

Banderol South

641729

7002646

497

90

-60

13

-

-

-

NSR

21BNAC063

Banderol South

641704

7002647

495

90

-60

5

-

-

-

NSR

21BNAC064

Banderol South

641678

7002645

495

90

-60

8

-

-

-

NSR

21BNAC065

Banderol South

641652

7002646

494

90

-60

12

-

-

-

NSR

21BNAC066

Banderol South

641629

7002648

493

90

-60

4

-

-

-

NSR

21BNAC067

Banderol South

641603

7002647

492

90

-60

2

-

-

-

NSR

21BNAC068

Banderol South

642753

7002250

502

90

-60

40

-

-

-

NSR

21BNAC069

Banderol South

642731

7002248

502

90

-60

40

-

-

-

NSR

21BNAC070

Banderol South

642708

7002246

502

90

-60

40

-

-

-

NSR

21BNAC071

Banderol South

642682

7002246

501

90

-60

40

-

-

-

NSR

21BNAC072

Banderol South

642653

7002245

500

90

-60

40

-

-

-

NSR

21BNAC073

Banderol South

642630

7002245

499

90

-60

40

-

-

-

NSR

21BNAC074

Banderol South

642608

7002242

499

90

-60

42

-

-

-

NSR

21BNAC075

Banderol South

642581

7002243

499

90

-60

40

-

-

-

NSR

21BNAC076

Banderol South

642554

7002243

499

90

-60

40

-

-

-

NSR

21BNAC077

Banderol South

642528

7002244

499

90

-60

48

-

-

-

NSR

21BNAC078

Banderol South

642506

7002244

500

90

-60

40

-

-

-

NSR

21BNAC079

Banderol South

642482

7002246

500

90

-60

40

-

-

-

NSR

21BNAC080

Banderol South

642457

7002246

500

90

-60

40

-

-

-

NSR

21BNAC081

Banderol South

642431

7002246

500

90

-60

40

-

-

-

NSR

21BNAC082

Banderol South

642407

7002247

500

90

-60

12

-

-

-

NSR

21BNAC083

Banderol South

642332

7002242

498

90

-60

11

-

-

-

NSR

21BNAC084

Banderol South

642304

7002240

497

90

-60

40

-

-

-

NSR

21BNAC085

Banderol South

642279

7002245

497

90

-60

40

-

-

-

NSR

21BNAC086

Banderol South

642254

7002246

496

90

-60

40

-

-

-

NSR

21BNAC087

Banderol South

642230

7002246

496

90

-60

40

-

-

-

NSR

21BNAC088

Banderol South

642205

7002246

496

90

-60

40

-

-

-

NSR

21BNAC089

Banderol South

642177

7002245

496

90

-60

40

-

-

-

NSR

21BNAC090

Banderol South

642152

7002259

496

90

-60

40

-

-

-

NSR

21BNAC091

Banderol South

642127

7002251

495

90

-60

40

-

-

-

NSR

21BNAC092

Banderol South

642106

7002245

495

90

-60

35

-

-

-

NSR

21BNAC093

Banderol South

642078

7002242

494

90

-60

39

-

-

-

NSR

21BNAC094

Banderol South

642055

7002247

494

90

-60

23

-

-

-

NSR

21BNAC095

Banderol South

642030

7002249

494

90

-60

38

-

-

-

NSR

21BNAC096

Banderol South

642004

7002247

494

90

-60

17

-

-

-

NSR

21BNAC097

Banderol South

641979

7002246

494

90

-60

23

-

-

-

NSR

21BNAC098

Banderol South

641954

7002246

494

90

-60

40

-

-

-

NSR

21BNAC099

Banderol South

641930

7002248

495

90

-60

9

-

-

-

NSR

21BNAC100

Banderol South

641905

7002248

495

90

-60

5

-

-

-

NSR

21BNAC101

Banderol South

641881

7002246

495

90

-60

19

-

-

-

NSR

21BNAC102

Banderol South

641854

7002248

495

90

-60

8

-

-

-

NSR

21BNAC103

Banderol South

641831

7002247

494

90

-60

9

-

-

-

NSR

21BNAC104

Banderol South

641804

7002246

493

90

-60

17

-

-

-

NSR

21BNAC105

Banderol South

641778

7002245

492

90

-60

40

-

-

-

NSR

21BNAC106

Banderol South

641750

7002246

491

90

-60

3

-

-

-

NSR

21BNAC107

Banderol South

641730

7002248

491

90

-60

2

-

-

-

NSR

21BNAC108

Banderol South

641706

7002245

490

90

-60

2

-

-

-

NSR

21BNAC109

Banderol South

641677

7002246

490

90

-60

4

-

-

-

NSR

21BNAC110

Banderol South

641608

7002247

490

90

-60

7

-

-

-

NSR

21BNAC111

Banderol South

641556

7002247

490

90

-60

6

-

-

-

NSR

21BNAC112

Banderol South

641505

7002247

489

90

-60

6

-

-

-

NSR

21BNAC113

Banderol South

642719

7001810

501

90

-60

40

-

-

-

NSR

21BNAC114

Banderol South

642703

7001810

501

90

-60

40

-

-

-

NSR

21BNAC115

Banderol South

642681

7001810

501

90

-60

40

-

-

-

NSR

21BNAC116

Banderol South

642650

7001809

500

90

-60

40

-

-

-

NSR

21BNAC117

Banderol South

642634

7001807

500

90

-60

42

-

-

-

NSR

21BNAC118

Banderol South

642602

7001808

499

90

-60

40

-

-

-

NSR

21BNAC119

Banderol South

642576

7001808

499

90

-60

36

-

-

-

NSR

21BNAC120

Banderol South

642551

7001808

498

90

-60

40

-

-

-

NSR

21BNAC121

Banderol South

642525

7001806

497

90

-60

40

-

-

-

NSR

21BNAC122

Banderol South

642500

7001805

496

90

-60

25

-

-

-

NSR

21BNAC123

Banderol South

642476

7001807

496

90

-60

34

-

-

-

NSR

21BNAC124

Banderol South

642451

7001807

496

90

-60

40

-

-

-

NSR

21BNAC125

Banderol South

642429

7001809

495

90

-60

10

-

-

-

NSR

21BNAC126

Banderol South

642404

7001807

495

90

-60

15...

-

-

-

...

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