ASX RELEASE
4 November 2020
ASX Code: GIB
Neta Lodes Gold Discovery
On-strike Drill Target of 1,250 metres
________________________________________________________________________
1.0 Neta Lodes Drill Target
Gibb River Diamonds Limited ('GIB' or the 'Company') is pleased to announce the main drill target for the upcoming drill program at the Neta Lodes gold discovery. The Neta Lodes Prospect is a part of the Edjudina Gold Project (GIB Option to acquire 100%) located in the heart of the Eastern Goldfields in Western Australia.
The Neta Lodes extension target is a co-incident gold in soils anomaly with calcrete cover which runs on-strike for 1,250 metres from the tenement boundary in the south, through the Neta Lodes discovery, to the banded iron formation (BIF) anticline boundary to the north (Figure 1).
Previous soil geochemical survey data indicates a strong gold-in-soils anomaly (1996 data) over much of the target area, albeit from incomplete coverage. Many of the soil samples within the target area have >50ppb Au with some samples closer to Neta Lodes having >200ppb Au; which is a very strong tenor for a gold-in-soils anomaly.
Deeper drilling at the Neta Lodes discovery will also be conducted in this program. Other targets may be drilled if time allows.
Calcrete Cover at the Neta
Lodes Discovery
Executive Chairman Jim Richards at the site of the new Neta Lodes discovery at the historic Neta Mine at Edjudina, WA.
The trench is in front of Mr Richards shows the massive calcrete cover which has hampered previous prospecting and exploration programs
Gibb River Diamonds Limited | 1/16 Ord Street | T +61 8 9422 9555 | E | info@gibbriverdiamonds.com |
ABN 51 129 158 550 | West Perth WA 6005 | W www.gibbriverdiamonds.com |
ASX RELEASE
2.0 Neta Lodes Geology and Geomorphology
One scenario for interpreting the geological history of the Neta Lodes target area is:
- Archaean (circa 2.75 billion years): the Neta Lodes replacement style gold mineralisation occurred during the formation of the host anticline in a period of intense volcanic and tectonic activity.
- Permian (252-300 million years): massive ice sheets and erosion stripped the cover from the Edjudina area exposing rocks which approximate to todays landform.
- Mesozoic (252-65 million years): Minor erosion forms a shallow valley between the harder BIF's. The Neta Lodes mineralisation preferentially erodes to form the lowest point in the valley, this is due to the Neta Lodes rocks having a more friable and softer habit as compared with surrounding country rock.
- Cenozoic (<65 million years): calcrete rocks form to preferentially cover the lowest points in the valley.
Calcrete is formed as a result of climatic fluctuations in arid and semiarid regions. Calcite is dissolved in groundwater and, under drying conditions, is precipitated as the water evaporates at the surface. As a result of this, calcrete often preferentially forms in surficial low points where water accumulates. Calcrete is exceptionally strong and durable, especially when mixed with silica (as silcrete), as has been observed at Edjudina.
3.0 Drill Target Prospectivity
At Edjudina and especially at the Neta Prospect, the calcrete cover is especially thick (up to 1.5 metres) and very hard. This hampered prospecting in the area and even in the 1980's it was reported that excavators were unable to penetrate the calcrete layer and blasting with explosives was required which hindered the program.
This raises the prospectivity of the current drill target area. Various observations and factors all coincide to make the current Neta Lodes drill target especially prospective:
- The Neta Lodes style of mineralisation is friable and weathers recessively forming low points in the valley.
- The calcrete cover preferentially forms in the low points in the valley.
- The drill target area would have been challenging to prospect for old-timers lacking modern equipment to penetrate the calcrete and so this area is under-explored.
- The gold-in-soils anomaly within the target zone is consistent and of a high tenor. (Gold can become entrained in calcrete during the formation of the calcrete to create gold anomalism).
- The drill target runs directly on-strike from the recently discovered Neta Lodes mineralisation (approximately 3300).
3.0 Summary and Lookahead
The 1,250 metre on-strike drill target at Neta Lodes is especially exciting. The concurrence of the gold-in-soil anomaly with the calcrete cover; both of which are on-strike from the Neta Lodes gold discovery makes for an especially prospective and high quality target. The Company is looking forward to drilling this target in the imminent Phase 2 aircore drill program.
Page 2 of 14
ASX RELEASE
Figure 1: Neta Lodes Drill Target Strike - 1,250 metres
Jim Richards | |
Executive Chairman | Enquiries To: Mr Jim Richards +61 (0)408 902 314 |
Page 3 of 14
ASX RELEASE
References:
1GIB Acquires Option to Purchase the Historic and High Grade Edjudina Gold Project in the Eastern Goldfields of WA; GIB ASX Release dated 16 July 2020
2Triumph Project Exploration Report; Nexus Minerals Limited dated 15 August 2019
For a further list of references used in previous releases refer to GIB ASX Announcement dated 25 August 2020
Competent Persons Statement
The information in this report that relates to exploration results, sampling and testwork is based on information compiled by Mr. Jim Richards who is a Member of The Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Mr. Richards is a Director of Gibb River Diamonds Limited. Mr. Richards has sufficient experience which is relevant to the style of mineralisation, type of deposit and type of testwork under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Richards consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.
Page 4 of 14
Appendix A: Gold-in-soils Assay Results
mE | mN | Au | mE | mN | Au | mE | mN | Au | mE | mN | Au | |||
MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | |||
446820 | 6710166 | 0 | 447938 | 6708015 | 3 | 446895 | 6709323 | 5 | 449003 | 6707891 | 18 | |||
446828 | 6709914 | 6 | 447908 | 6707989 | 3 | 446880 | 6709310 | 5 | 449033 | 6707916 | 84 | |||
446858 | 6709940 | 0 | 448117 | 6708168 | 0 | 446865 | 6709297 | 36 | 449063 | 6707942 | 21 | |||
446888 | 6709965 | 0 | 448147 | 6708194 | 2 | 446850 | 6709284 | 192 | 448589 | 6707406 | 11 | |||
446918 | 6709991 | 0 | 448177 | 6708219 | 6 | 446835 | 6709272 | 6 | 448604 | 6707419 | 53 | |||
446948 | 6710016 | 0 | 448207 | 6708245 | 5 | 447168 | 6709427 | 3 | 448619 | 6707432 | 9 | |||
446837 | 6709662 | 40 | 448237 | 6708271 | 1 | 447138 | 6709402 | 0 | 448634 | 6707445 | 11 | |||
446867 | 6709688 | 26 | 448267 | 6708296 | 35 | 447108 | 6709376 | 0 | 448649 | 6707457 | 22 | |||
446897 | 6709713 | 17 | 448297 | 6708322 | 0 | 447078 | 6709351 | 3 | 448664 | 6707470 | 10 | |||
446927 | 6709739 | 6 | 448327 | 6708347 | 0 | 447048 | 6709325 | 2 | 448679 | 6707483 | 8 | |||
446957 | 6709765 | 7 | 448356 | 6708373 | 5 | 447018 | 6709299 | 21 | 448694 | 6707496 | 30 | |||
446986 | 6709790 | 0 | 448386 | 6708399 | 0 | 446988 | 6709274 | 15 | 448708 | 6707509 | 14 | |||
447016 | 6709816 | 0 | 448416 | 6708424 | 0 | 446959 | 6709248 | 5 | 448723 | 6707522 | 7 | |||
447046 | 6709841 | 0 | 448446 | 6708450 | 3 | 446929 | 6709223 | 5 | 448738 | 6707534 | 2 | |||
447076 | 6709867 | 3 | 448476 | 6708475 | 0 | 446899 | 6709197 | 5 | 448753 | 6707547 | 4 | |||
447106 | 6709893 | 0 | 448506 | 6708501 | 0 | 446869 | 6709171 | 4 | 448768 | 6707560 | 11 | |||
446935 | 6709487 | 11 | 448536 | 6708527 | 9 | 447202 | 6709327 | 14 | 448783 | 6707573 | 46 | |||
446905 | 6709462 | 12 | 448216 | 6707993 | 0 | 447187 | 6709314 | 4 | 448798 | 6707586 | 7 | |||
446875 | 6709436 | 156 | 448186 | 6707968 | 0 | 447172 | 6709301 | 3 | 448813 | 6707598 | 7 | |||
446846 | 6709410 | 26 | 448156 | 6707942 | 18 | 447157 | 6709289 | 2 | 448828 | 6707611 | 13 | |||
446965 | 6709513 | 10 | 448126 | 6707916 | 0 | 447142 | 6709276 | 5 | 448843 | 6707624 | 15 | |||
446995 | 6709538 | 34 | 448096 | 6707891 | 0 | 447127 | 6709263 | 0 | 448858 | 6707637 | 11 | |||
447025 | 6709564 | 10 | 448066 | 6707865 | 0 | 447112 | 6709250 | 5 | 448873 | 6707650 | 15 | |||
447055 | 6709590 | 13 | 448036 | 6707840 | 1 | 447097 | 6709237 | 0 | 448888 | 6707662 | 40 | |||
447085 | 6709615 | 27 | 448245 | 6708019 | 0 | 447082 | 6709225 | 2 | 448903 | 6707675 | 50 | |||
447114 | 6709641 | 16 | 448275 | 6708044 | 0 | 447067 | 6709212 | 5 | 448918 | 6707688 | 86 | |||
447144 | 6709666 | 1 | 448305 | 6708070 | 0 | 447052 | 6709199 | 4 | 448933 | 6707701 | 35 | |||
447174 | 6709692 | 4 | 448335 | 6708096 | 0 | 447038 | 6709186 | 0 | 448948 | 6707714 | 201 | |||
447204 | 6709718 | 0 | 448365 | 6708121 | 0 | 447023 | 6709173 | 11 | 448962 | 6707726 | 46 | |||
447234 | 6709743 | 0 | 448395 | 6708147 | 3 | 447008 | 6709161 | 2 | 448977 | 6707739 | 31 | |||
447063 | 6709338 | 2 | 448425 | 6708172 | 1 | 446993 | 6709148 | 16 | 448992 | 6707752 | 14 | |||
447033 | 6709312 | 3 | 448455 | 6708198 | 0 | 446978 | 6709135 | 16 | 449007 | 6707765 | 12 | |||
447003 | 6709287 | 8 | 448484 | 6708224 | 0 | 446963 | 6709122 | 7 | 449022 | 6707778 | 172 | |||
446974 | 6709261 | 5 | 448514 | 6708249 | 0 | 446948 | 6709109 | 54 | 449037 | 6707790 | 25 | |||
446944 | 6709235 | 1 | 448544 | 6708275 | 0 | 446933 | 6709097 | 17 | 449052 | 6707803 | 13 | |||
446914 | 6709210 | 3 | 448574 | 6708300 | 0 | 447236 | 6709227 | 5 | 449067 | 6707816 | 292 | |||
446884 | 6709184 | 8 | 448604 | 6708326 | 0 | 447206 | 6709201 | 7 | 449082 | 6707829 | 26 | |||
446854 | 6709159 | 3 | 448634 | 6708352 | 0 | 447176 | 6709176 | 28 | 449097 | 6707842 | 43 | |||
446824 | 6709133 | 7 | 448664 | 6708377 | 0 | 447146 | 6709150 | 13 | 449112 | 6707854 | 43 | |||
447093 | 6709363 | 2 | 448344 | 6707844 | 2 | 447117 | 6709124 | 17 | 449127 | 6707867 | 60 | |||
447123 | 6709389 | 0 | 448314 | 6707818 | 6 | 447087 | 6709099 | 13 | 448653 | 6707332 | 30 | |||
447153 | 6709415 | 10 | 448284 | 6707793 | 0 | 447057 | 6709073 | 19 | 448683 | 6707357 | 4 | |||
447183 | 6709440 | 3 | 448254 | 6707767 | 4 | 447027 | 6709048 | 16 | 448713 | 6707383 | 5 | |||
447213 | 6709466 | 5 | 448224 | 6707741 | 0 | 446997 | 6709022 | 13 | 448743 | 6707408 | 4 | |||
447242 | 6709491 | 6 | 448194 | 6707716 | 0 | 447360 | 6709203 | 6 | 448772 | 6707434 | 4 | |||
447272 | 6709517 | 6 | 448164 | 6707690 | 0 | 447345 | 6709190 | 10 | 448802 | 6707460 | 8 | |||
447302 | 6709543 | 0 | 448373 | 6707869 | 7 | 447330 | 6709178 | 12 | 448832 | 6707485 | 5 | |||
447332 | 6709568 | 0 | 448403 | 6707895 | 10 | 447315 | 6709165 | 5 | 448862 | 6707511 | 4 | |||
447362 | 6709594 | 2 | 448433 | 6707921 | 2 | 447300 | 6709152 | 18 | 448892 | 6707536 | 6 | |||
447392 | 6709619 | 0 | 448463 | 6707946 | 4 | 447285 | 6709139 | 29 | 448922 | 6707562 | 34 | |||
447191 | 6709188 | 8 | 448493 | 6707972 | 0 | 447270 | 6709126 | 22 | 448952 | 6707588 | 56 | |||
447161 | 6709163 | 13 | 448523 | 6707997 | 2 | 447255 | 6709114 | 36 | 448982 | 6707613 | 31 | |||
447131 | 6709137 | 10 | 448553 | 6708023 | 15 | 447240 | 6709101 | 34 | 449012 | 6707639 | 30 | |||
447102 | 6709112 | 13 | 448583 | 6708049 | 7 | 447225 | 6709088 | 27 | 449041 | 6707664 | 16 |
5
mE | mN | Au | mE | mN | Au | mE | mN | Au | mE | mN | Au | |||
MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | |||
447072 | 6709086 | 38 | 448612 | 6708074 | 1 | 447210 | 6709075 | 11 | 449071 | 6707690 | 41 | |||
447042 | 6709060 | 38 | 448642 | 6708100 | 1 | 447195 | 6709062 | 14 | 449101 | 6707716 | 17 | |||
447012 | 6709035 | 13 | 448672 | 6708125 | 10 | 447181 | 6709050 | 26 | 449131 | 6707741 | 42 | |||
446982 | 6709009 | 8 | 448702 | 6708151 | 6 | 447166 | 6709037 | 8 | 449161 | 6707767 | 75 | |||
447221 | 6709214 | 4 | 448732 | 6708177 | 1 | 447151 | 6709024 | 10 | 449191 | 6707793 | 65 | |||
447251 | 6709240 | 0 | 448762 | 6708202 | 0 | 447136 | 6709011 | 17 | 448687 | 6707231 | 6 | |||
447281 | 6709265 | 6 | 448792 | 6708228 | 0 | 447121 | 6708998 | 25 | 448702 | 6707244 | 17 | |||
447311 | 6709291 | 4 | 448472 | 6707694 | 24 | 447106 | 6708986 | 16 | 448717 | 6707257 | 8 | |||
447341 | 6709316 | 0 | 448442 | 6707669 | 7 | 447091 | 6708973 | 9 | 448732 | 6707270 | 9 | |||
447371 | 6709342 | 0 | 448412 | 6707643 | 4 | 447076 | 6708960 | 8 | 448747 | 6707282 | 5 | |||
447400 | 6709368 | 0 | 448382 | 6707618 | 7 | 447061 | 6708947 | 2 | 448762 | 6707295 | 7 | |||
447430 | 6709393 | 0 | 448352 | 6707592 | 8 | 447046 | 6708934 | 5 | 448777 | 6707308 | 1 | |||
447460 | 6709419 | 0 | 448322 | 6707566 | 1 | 447031 | 6708922 | 17 | 448792 | 6707321 | 1 | |||
447490 | 6709444 | 3 | 448292 | 6707541 | 0 | 447424 | 6709129 | 8 | 448807 | 6707334 | 0 | |||
447520 | 6709470 | 1 | 448501 | 6707720 | 26 | 447394 | 6709103 | 29 | 448822 | 6707347 | 0 | |||
447550 | 6709496 | 1 | 448531 | 6707746 | 27 | 447364 | 6709077 | 6 | 448837 | 6707359 | 2 | |||
447319 | 6709039 | 156 | 448561 | 6707771 | 12 | 447334 | 6709052 | 38 | 448851 | 6707372 | 0 | |||
447289 | 6709013 | 12 | 448591 | 6707797 | 7 | 447304 | 6709026 | 25 | 448866 | 6707385 | 4 | |||
447259 | 6708988 | 17 | 448621 | 6707822 | 4 | 447274 | 6709001 | 18 | 448881 | 6707398 | 4 | |||
447230 | 6708962 | 5 | 448651 | 6707848 | 5 | 447245 | 6708975 | 17 | 448896 | 6707411 | 6 | |||
447200 | 6708937 | 13 | 448681 | 6707874 | 6 | 447215 | 6708949 | 5 | 448911 | 6707423 | 24 | |||
447170 | 6708911 | 2 | 448711 | 6707899 | 0 | 447185 | 6708924 | 5 | 448926 | 6707436 | 12 | |||
447140 | 6708885 | 94 | 448741 | 6707925 | 3 | 447155 | 6708898 | 3 | 448941 | 6707449 | 6 | |||
447110 | 6708860 | 497 | 448770 | 6707950 | 9 | 447125 | 6708873 | 5 | 448956 | 6707462 | 25 | |||
447349 | 6709065 | 108 | 448800 | 6707976 | 9 | 447095 | 6708847 | 4 | 448971 | 6707475 | 36 | |||
447379 | 6709090 | 14 | 448830 | 6708002 | 26 | 447488 | 6709054 | 4 | 448986 | 6707487 | 238 | |||
447409 | 6709116 | 27 | 448860 | 6708027 | 14 | 447473 | 6709041 | 8 | 449001 | 6707500 | 52 | |||
447439 | 6709141 | 3 | 448890 | 6708053 | 11 | 447458 | 6709028 | 8 | 449016 | 6707513 | 104 | |||
447469 | 6709167 | 2 | 448920 | 6708079 | 4 | 447443 | 6709015 | 11 | 449031 | 6707526 | 96 | |||
447499 | 6709193 | 3 | 448600 | 6707545 | 11 | 447428 | 6709003 | 0 | 449046 | 6707539 | 36 | |||
447528 | 6709218 | 4 | 448570 | 6707519 | 14 | 447413 | 6708990 | 4 | 449061 | 6707551 | 30 | |||
447558 | 6709244 | 2 | 448540 | 6707494 | 11 | 447398 | 6708977 | 4 | 449076 | 6707564 | 26 | |||
447588 | 6709269 | 0 | 448510 | 6707468 | 0 | 447383 | 6708964 | 5 | 449091 | 6707577 | 6 | |||
447618 | 6709295 | 0 | 448480 | 6707443 | 16 | 447368 | 6708951 | 0 | 449105 | 6707590 | 22 | |||
447648 | 6709321 | 0 | 448450 | 6707417 | 0 | 447353 | 6708939 | 0 | 448751 | 6707157 | 8 | |||
447678 | 6709346 | 4 | 448420 | 6707391 | 2000 | 447338 | 6708926 | 4 | 448781 | 6707182 | 16 | |||
447447 | 6708890 | 3 | 448630 | 6707571 | 5 | 447324 | 6708913 | 13 | 448811 | 6707208 | 73 | |||
447417 | 6708864 | 2 | 448659 | 6707596 | 3 | 447309 | 6708900 | 3 | 448841 | 6707233 | 4 | |||
447388 | 6708838 | 0 | 448689 | 6707622 | 12 | 447294 | 6708887 | 0 | 448871 | 6707259 | 15 | |||
447358 | 6708813 | 2 | 448719 | 6707647 | 11 | 447279 | 6708875 | 4 | 448901 | 6707285 | 5 | |||
447328 | 6708787 | 6 | 448749 | 6707673 | 6 | 447264 | 6708862 | 5 | 448930 | 6707310 | 0 | |||
447298 | 6708762 | 0 | 448779 | 6707699 | 2 | 447249 | 6708849 | 5 | 448960 | 6707336 | 7 | |||
447268 | 6708736 | 9 | 448809 | 6707724 | 6 | 447234 | 6708836 | 0 | 448990 | 6707361 | 33 | |||
447238 | 6708710 | 5 | 448839 | 6707750 | 94 | 447219 | 6708823 | 0 | 449020 | 6707387 | 18 | |||
447477 | 6708915 | 9 | 448869 | 6707775 | 5 | 447204 | 6708811 | 0 | 449050 | 6707413 | 246 | |||
447507 | 6708941 | 4 | 448898 | 6707801 | 9 | 447189 | 6708798 | 0 | 449080 | 6707438 | 16 | |||
447537 | 6708966 | 41 | 448928 | 6707827 | 5 | 447174 | 6708785 | 0 | 449110 | 6707464 | 26 | |||
447567 | 6708992 | 9 | 448958 | 6707852 | 13 | 447159 | 6708772 | 0 | 449140 | 6707489 | 34 | |||
447597 | 6709018 | 4 | 448988 | 6707878 | 23 | 448408 | 6707769 | 6 | 449169 | 6707515 | 26 | |||
447627 | 6709043 | 0 | 449018 | 6707904 | 19 | 448423 | 6707782 | 18 | 448920 | 6707171 | 0 | |||
447656 | 6709069 | 0 | 449048 | 6707929 | 59 | 448437 | 6707795 | 10 | 448935 | 6707184 | 0 | |||
447686 | 6709094 | 7 | 448728 | 6707396 | 8 | 448452 | 6707808 | 4 | 448950 | 6707197 | 7 | |||
447716 | 6709120 | 2 | 448698 | 6707370 | 5 | 448467 | 6707820 | 15 | 448965 | 6707210 | 20 | |||
447746 | 6709146 | 0 | 448668 | 6707344 | 31 | 448482 | 6707833 | 8 | 448979 | 6707223 | 0 | |||
447776 | 6709171 | 3 | 448638 | 6707319 | 8 | 448497 | 6707846 | 20 | 448994 | 6707236 | 6 | |||
447806 | 6709197 | 0 | 448608 | 6707293 | 0 | 448512 | 6707859 | 3 | 449009 | 6707248 | 6 |
6
mE | mN | Au | mE | mN | Au | mE | mN | Au | mE | mN | Au | |||
MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | |||
447836 | 6709222 | 4 | 448578 | 6707268 | 0 | 448527 | 6707872 | 8 | 449024 | 6707261 | 1 | |||
447575 | 6708740 | 0 | 448548 | 6707242 | 0 | 448542 | 6707884 | 4 | 449039 | 6707274 | 2 | |||
447545 | 6708715 | 3 | 448758 | 6707421 | 1 | 448557 | 6707897 | 5 | 449054 | 6707287 | 19 | |||
447516 | 6708689 | 0 | 448787 | 6707447 | 4 | 448572 | 6707910 | 60 | 449069 | 6707300 | 24 | |||
447486 | 6708663 | 0 | 448817 | 6707472 | 0 | 448587 | 6707923 | 6 | 449084 | 6707312 | 15 | |||
447456 | 6708638 | 0 | 448847 | 6707498 | 0 | 448602 | 6707936 | 6 | 449099 | 6707325 | 7 | |||
447426 | 6708612 | 1 | 448877 | 6707524 | 0 | 448617 | 6707948 | 3 | 449114 | 6707338 | 7 | |||
447396 | 6708587 | 3 | 448907 | 6707549 | 12 | 448632 | 6707961 | 24 | 449129 | 6707351 | 3 | |||
447366 | 6708561 | 0 | 448937 | 6707575 | 27 | 448647 | 6707974 | 7 | 449144 | 6707364 | 11 | |||
447605 | 6708766 | 0 | 448967 | 6707600 | 20 | 448662 | 6707987 | 9 | 449159 | 6707376 | 29 | |||
447635 | 6708791 | 0 | 448997 | 6707626 | 34 | 448677 | 6708000 | 5 | 449174 | 6707389 | 45 | |||
447665 | 6708817 | 5 | 449026 | 6707652 | 6 | 448691 | 6708012 | 17 | 449189 | 6707402 | 40 | |||
447695 | 6708843 | 4 | 449056 | 6707677 | 8 | 448706 | 6708025 | 12 | 449204 | 6707415 | 86 | |||
447725 | 6708868 | 8 | 449086 | 6707703 | 12 | 448721 | 6708038 | 9 | 449219 | 6707428 | 57 | |||
447755 | 6708894 | 0 | 449116 | 6707728 | 67 | 448736 | 6708051 | 3 | 449233 | 6707440 | 96 | |||
447784 | 6708919 | 18 | 449146 | 6707754 | 29 | 448751 | 6708064 | 11 | 448999 | 6707110 | 18 | |||
447814 | 6708945 | 8 | 449176 | 6707780 | 27 | 448766 | 6708076 | 5 | 449029 | 6707135 | 7 | |||
447844 | 6708971 | 17 | 448856 | 6707246 | 7 | 448781 | 6708089 | 8 | 449058 | 6707161 | 6 | |||
447874 | 6708996 | 0 | 448826 | 6707221 | 9 | 448796 | 6708102 | 4 | 449088 | 6707186 | 80 | |||
447904 | 6709022 | 2 | 448796 | 6707195 | 4 | 448811 | 6708115 | 46 | 449118 | 6707212 | 56 | |||
447934 | 6709047 | 7 | 448766 | 6707169 | 48 | 448826 | 6708128 | 25 | 449148 | 6707238 | 96 | |||
447964 | 6709073 | 35 | 448736 | 6707144 | 5 | 448841 | 6708140 | 8 | 449178 | 6707263 | 17 | |||
447994 | 6709099 | 12 | 448706 | 6707118 | 2 | 448487 | 6707707 | 12 | 449208 | 6707289 | 14 | |||
447703 | 6708591 | 0 | 448676 | 6707093 | 1 | 448516 | 6707733 | 23 | 449238 | 6707314 | 46 | |||
447673 | 6708565 | 2 | 448886 | 6707272 | 3 | 448546 | 6707758 | 22 | 449268 | 6707340 | 323 | |||
447644 | 6708540 | 0 | 448915 | 6707297 | 77 | 448576 | 6707784 | 17 | 449297 | 6707366 | 57 | |||
447614 | 6708514 | 3 | 448945 | 6707323 | 1 | 448606 | 6707810 | 12 | 449347 | 6707278 | 438 | |||
447584 | 6708488 | 2 | 448975 | 6707349 | 4 | 448636 | 6707835 | 11 | 449332 | 6707265 | 190 | |||
447554 | 6708463 | 0 | 449005 | 6707374 | 8 | 448666 | 6707861 | 8 | 449317 | 6707253 | 458 | |||
447524 | 6708437 | 0 | 449035 | 6707400 | 24 | 448696 | 6707886 | 5 | 449302 | 6707240 | 187 | |||
447494 | 6708412 | 0 | 449065 | 6707425 | 167 | 448726 | 6707912 | 21 | 449287 | 6707227 | 184 | |||
447733 | 6708616 | 0 | 449095 | 6707451 | 20 | 448755 | 6707938 | 12 | 449272 | 6707214 | 0 | |||
447763 | 6708642 | 7 | 449125 | 6707477 | 15 | 448785 | 6707963 | 439 | 449257 | 6707201 | 163 | |||
447793 | 6708668 | 0 | 449155 | 6707502 | 47 | 448815 | 6707989 | 13 | 449242 | 6707189 | 19 | |||
447823 | 6708693 | 0 | 448984 | 6707097 | 8 | 448845 | 6708014 | 121 | 449227 | 6707176 | 8 | |||
447853 | 6708719 | 2 | 449014 | 6707122 | 3 | 448875 | 6708040 | 400 | 449212 | 6707163 | 37 | |||
447883 | 6708744 | 6 | 449044 | 6707148 | 4 | 448905 | 6708066 | 17 | 449197 | 6707150 | 7 | |||
447913 | 6708770 | 0 | 449073 | 6707174 | 255 | 448401 | 6707504 | 8 | 449182 | 6707137 | 6 | |||
447942 | 6708796 | 2 | 449103 | 6707199 | 106 | 448416 | 6707517 | 6 | 449167 | 6707125 | 6 | |||
447972 | 6708821 | 5 | 449133 | 6707225 | 20 | 448431 | 6707530 | 14 | 449152 | 6707112 | 2 | |||
448002 | 6708847 | 0 | 449163 | 6707250 | 37 | 448446 | 6707543 | 5 | 449137 | 6707099 | 0 | |||
448032 | 6708872 | 0 | 449193 | 6707276 | 29 | 448461 | 6707556 | 47 | 449251 | 6707844 | 20 | |||
448062 | 6708898 | 0 | 449223 | 6707302 | 23 | 448476 | 6707568 | 16 | 449280 | 6707869 | 20 | |||
448092 | 6708924 | 0 | 449253 | 6707327 | 67 | 448491 | 6707581 | 14 | 449310 | 6707895 | 50 | |||
448122 | 6708949 | 0 | 449283 | 6707353 | 100 | 448506 | 6707594 | 32 | 449199 | 6707541 | 30 | |||
447831 | 6708441 | 0 | 446863 | 6709814 | 10 | 448521 | 6707607 | 19 | 449229 | 6707566 | 30 | |||
447802 | 6708416 | 1 | 446848 | 6709801 | 8 | 448536 | 6707620 | 22 | 449259 | 6707592 | 0 | |||
447772 | 6708390 | 3 | 446833 | 6709788 | 2 | 448551 | 6707632 | 11 | 449289 | 6707618 | 80 | |||
447742 | 6708365 | 0 | 446912 | 6709726 | 7 | 448565 | 6707645 | 28 | 449319 | 6707643 | 75 | |||
447712 | 6708339 | 3 | 446882 | 6709701 | 24 | 448580 | 6707658 | 31 | 449349 | 6707669 | 20 | |||
447682 | 6708313 | 2 | 446852 | 6709675 | 22 | 448595 | 6707671 | 45 | 449379 | 6707694 | 10 | |||
447652 | 6708288 | 0 | 447065 | 6709728 | 5 | 448610 | 6707684 | 19 | 449409 | 6707720 | 10 | |||
447622 | 6708262 | 0 | 447050 | 6709716 | 3 | 448625 | 6707697 | 53 | 449438 | 6707746 | 5 | |||
447861 | 6708467 | 0 | 447035 | 6709703 | 7 | 448640 | 6707709 | 14 | 449468 | 6707771 | 5 | |||
447891 | 6708493 | 5 | 447021 | 6709690 | 7 | 448655 | 6707722 | 11 | 449327 | 6707391 | 110 | |||
447921 | 6708518 | 2 | 447006 | 6709677 | 6 | 448670 | 6707735 | 12 | 449357 | 6707417 | 65 |
7
mE | mN | Au | mE | mN | Au | mE | mN | Au | mE | mN | Au | |||
MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | MGAz51 | MGAz51 | ppb | |||
447951 | 6708544 | 1 | 446991 | 6709664 | 16 | 448685 | 6707748 | 9 | 449387 | 6707443 | 60 | |||
447981 | 6708569 | 3 | 446976 | 6709651 | 40 | 448700 | 6707761 | 44 | 449417 | 6707468 | 75 | |||
448011 | 6708595 | 6 | 446961 | 6709639 | 26 | 448715 | 6707773 | 22 | 449447 | 6707494 | 70 | |||
448041 | 6708621 | 58 | 446946 | 6709626 | 124 | 448730 | 6707786 | 17 | 449477 | 6707519 | 60 | |||
448070 | 6708646 | 2 | 446931 | 6709613 | 62 | 448745 | 6707799 | 11 | 449507 | 6707545 | 20 | |||
448100 | 6708672 | 4 | 446916 | 6709600 | 50 | 448760 | 6707812 | 6 | 449537 | 6707571 | 35 | |||
448130 | 6708697 | 4 | 446901 | 6709587 | 0 | 448775 | 6707825 | 4 | 449566 | 6707596 | 15 | |||
448160 | 6708723 | 1 | 446886 | 6709575 | 98 | 448790 | 6707837 | 6 | 449596 | 6707622 | 15 | |||
448190 | 6708749 | 7 | 446871 | 6709562 | 52 | 448805 | 6707850 | 34 | 449291 | 6707101 | 20 | |||
448220 | 6708774 | 0 | 446856 | 6709549 | 25 | 448819 | 6707863 | 18 | 449321 | 6707127 | 1080 | |||
448250 | 6708800 | 9 | 446841 | 6709536 | 8 | 448834 | 6707876 | 38 | 449351 | 6707152 | 110 | |||
448280 | 6708825 | 0 | 446826 | 6709523 | 14 | 448849 | 6707889 | 7 | 449381 | 6707178 | 940 | |||
447959 | 6708292 | 3 | 447129 | 6709654 | 0 | 448864 | 6707901 | 10 | 449411 | 6707203 | 940 | |||
447930 | 6708266 | 7 | 447099 | 6709628 | 5 | 448879 | 6707914 | 9 | 449440 | 6707229 | 1840 | |||
447900 | 6708241 | 8 | 447070 | 6709602 | 16 | 448894 | 6707927 | 21 | 449470 | 6707255 | 850 | |||
447870 | 6708215 | 8 | 447040 | 6709577 | 8 | 448909 | 6707940 | 11 | 449500 | 6707280 | 0 | |||
447840 | 6708190 | 18 | 447010 | 6709551 | 19 | 448924 | 6707953 | 8 | 449530 | 6707306 | 530 | |||
447810 | 6708164 | 3 | 446980 | 6709526 | 8 | 448939 | 6707965 | 5 | 449560 | 6707332 | 75 | |||
447780 | 6708138 | 11 | 446950 | 6709500 | 8 | 448954 | 6707978 | 12 | 449590 | 6707357 | 50 | |||
447750 | 6708113 | 21 | 446920 | 6709474 | 9 | 448969 | 6707991 | 15 | 449620 | 6707383 | 15 | |||
447989 | 6708318 | 0 | 446890 | 6709449 | 5 | 448984 | 6708004 | 5 | 449650 | 6707408 | 20 | |||
448019 | 6708343 | 7 | 446860 | 6709423 | 10 | 448999 | 6708017 | 5 | 449680 | 6707434 | 25 | |||
448049 | 6708369 | 0 | 446831 | 6709398 | 11 | 448465 | 6707430 | 6 | 449709 | 6707460 | 5 | |||
448079 | 6708394 | 0 | 447149 | 6709541 | 1 | 448495 | 6707455 | 10 | 449739 | 6707485 | 10 | |||
448109 | 6708420 | 6 | 447134 | 6709528 | 2 | 448525 | 6707481 | 22 | 449598 | 6707105 | 110 | |||
448139 | 6708446 | 0 | 447119 | 6709515 | 2 | 448555 | 6707507 | 18 | 449628 | 6707131 | 55 | |||
448169 | 6708471 | 1 | 447104 | 6709502 | 0 | 448585 | 6707532 | 40 | 449658 | 6707157 | 70 | |||
448198 | 6708497 | 0 | 447089 | 6709489 | 6 | 448615 | 6707558 | 11 | 449688 | 6707182 | 40 | |||
448228 | 6708522 | 0 | 447074 | 6709476 | 2 | 448644 | 6707583 | 14 | 449718 | 6707208 | 0 | |||
448258 | 6708548 | 1 | 447059 | 6709464 | 5 | 448674 | 6707609 | 6 | 449748 | 6707233 | 350 | |||
448288 | 6708574 | 0 | 447044 | 6709451 | 4 | 448704 | 6707635 | 8 | 449778 | 6707259 | 45 | |||
448318 | 6708599 | 10 | 447029 | 6709438 | 7 | 448734 | 6707660 | 6 | 449808 | 6707285 | 45 | |||
448348 | 6708625 | 0 | 447014 | 6709425 | 5 | 448764 | 6707686 | 5 | 449837 | 6707310 | 10 | |||
448378 | 6708650 | 0 | 446999 | 6709412 | 9 | 448794 | 6707711 | 8 | 449867 | 6707336 | 15 | |||
448408 | 6708676 | 0 | 446984 | 6709400 | 5 | 448824 | 6707737 | 10 | 449897 | 6707361 | 10 | |||
448087 | 6708143 | 4 | 446969 | 6709387 | 4 | 448854 | 6707763 | 43 | 449906 | 6707110 | 20 | |||
448058 | 6708117 | 0 | 446954 | 6709374 | 12 | 448884 | 6707788 | 4 | 449936 | 6707135 | 0 | |||
448028 | 6708091 | 1 | 446939 | 6709361 | 18 | 448913 | 6707814 | 8 | 449965 | 6707161 | 0 | |||
447998 | 6708066 | 0 | 446924 | 6709348 | 11 | 448943 | 6707839 | 15 | 449995 | 6707186 | 10 | |||
447968 | 6708040 | 6 | 446910 | 6709336 | 7 | 448973 | 6707865 | 22 | 450025 | 6707212 | 10 | |||
450055 | 6707238 | 15 |
8
JORC Code, 2012 Edition - Table 1
The below data is taken from Accession Report A50990, "Annual Report on the Exploration of the Yarri Project Area" by Mount Edon Gold Mines (Aust) Ltd, 23rd December 1995 - 22nd December 1996.
Section 1 Sampling Techniques and Data
Criteria | JORC Code explanation | Commentary | ||
Sampling | ∙ Nature and quality of sampling (eg cut channels, random chips, or | ∙ 1996 soil sampling by Mt Edon Gold Mines: 250g soil samples were | ||
techniques | specific specialised industry standard measurement tools appropriate | collected using the -6 +2mm fraction on lines propagated at right | ||
to the minerals under investigation, such as down hole gamma | angles to existing baselines using compass and hip-chain. First pass | |||
sondes, or handheld XRF instruments, etc). These examples should | samples were collected at either 400 x 40m spacing or 200 x 20m | |||
not be taken as limiting the broad meaning of sampling. | spacing. Infill samples were collected at 100 x 20m, or 50 x 20m, as | |||
∙ Include reference to measures taken to ensure sample representivity | follow-up sampling to define anomalism detected in previous surveys. | |||
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 standard' work has been done 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 charge | ||||
for fire assay'). In other cases more explanation may be required, | ||||
such as where there is coarse gold that has inherent sampling | ||||
problems. Unusual commodities or mineralisation types (eg | ||||
submarine nodules) may warrant disclosure of detailed information. | ||||
Drilling | ∙ Drill type (eg core, reverse circulation, open-hole hammer, rotary air | ∙ | n/a. | |
techniques | blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple | |||
or standard tube, depth of diamond tails, face-sampling bit or other | ||||
type, whether core is oriented and if so, by what method, etc). | ||||
Drill sample | ∙ Method of recording and assessing core and chip sample recoveries | ∙ | n/a. | |
recovery | and results assessed. | |||
∙ Measures taken to maximise sample recovery and ensure | ||||
representative nature of the samples. | ||||
∙ Whether a relationship exists between sample recovery and grade | ||||
and whether sample bias may have occurred due to preferential | ||||
loss/gain of fine/coarse material. | ||||
Logging | ∙ Whether core and chip samples have been geologically and | ∙ | n/a. | |
geotechnically logged to a level of detail to support appropriate | ||||
Mineral Resource estimation, mining studies and metallurgical |
studies.
∙ Whether logging is qualitative or quantitative in nature. Core (or
9
Criteria | JORC Code explanation | Commentary | ||||
costean, channel, etc) photography. | ||||||
∙ The total length and percentage of the relevant intersections logged. | ||||||
Sub- | ∙ If core, whether cut or sawn and whether quarter, half or all core | ∙ Samples submitted to Amdel laboratories were analysed for gold only | ||||
sampling | taken. | using method PREP5/AA9. The 250g sample was pulverized and a | ||||
techniques | ∙ If non-core, whether riffled, tube sampled, rotary split, etc and | 50g charge digested in hot aqua regia and analysed by graphite | ||||
whether sampled wet or dry. | furnace AAS to a detection limit of 0.001ppm. | |||||
and sample | ||||||
∙ For all sample types, the nature, quality and appropriateness of the | ∙ Samples submitted to Kal Assay Laboratories were analysed for gold | |||||
preparation | ||||||
sample preparation technique. | only using method FA50PB. The 250g sample was pulverized and a | |||||
∙ Quality control procedures adopted for all sub-sampling stages to | 50g charge digested in hot aqua regia and analysed by fire | |||||
maximise representivity of samples. | assay/AAS to a detection limit of 0.002ppm. | |||||
∙ Measures taken to ensure that the sampling is representative of the in | ||||||
situ material collected, including for instance results for field | ||||||
duplicate/second-half sampling. | ||||||
∙ Whether sample sizes are appropriate to the grain size of the material | ||||||
being sampled. |
Quality of assay data and laboratory tests
- The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
- For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
- Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.
- The analytical procedures described above are industry standard for gold soil sampling.
- These digests are considered a total technique.
- The use of blanks, standards and duplicates is not discussed in the Mount Edon annual report.
Verification of sampling and assaying
∙ The verification of significant intersections by either independent or | ∙ n/a. |
alternative company personnel. |
- The use of twinned holes.
- Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
- Discuss any adjustment to assay data.
Location of | ∙ Accuracy and quality of surveys used to locate drill holes (collar and | ∙ Soil samples were collected on lines propagated at right angles to |
data points | down-hole surveys), trenches, mine workings and other locations | existing baselines using compass and hip-chain. |
used in Mineral Resource estimation. | ∙ Datum is MGA94 zone 51. | |
∙ Specification of the grid system used. | ||
∙ Quality and adequacy of topographic control. | ||
Data | ∙ Data spacing for reporting of Exploration Results. | ∙ Initial sample spacing was 400 x 40m or 200 x 20m. Follow-up |
spacing | ∙ Whether the data spacing and distribution is sufficient to establish the | sampling was at 100 x 20m or 50 x 20m. |
10 |
Criteria | JORC Code explanation | Commentary | |||||||
and | degree of geological and grade continuity appropriate for the Mineral | ∙ No sample compositing was recorded. | |||||||
distribution | Resource and Ore Reserve estimation procedure(s) and | ||||||||
classifications applied. | |||||||||
∙ Whether sample compositing has been applied. | |||||||||
Orientation | ∙ Whether the orientation of sampling achieves unbiased sampling of | ∙ | n/a. | ||||||
of data in | possible structures and the extent to which this is known, considering | ||||||||
relation to | the deposit type. | ||||||||
∙ If the relationship between the drilling orientation and the orientation | |||||||||
geological | |||||||||
of key mineralised structures is considered to have introduced a | |||||||||
structure | |||||||||
sampling bias, this should be assessed and reported if material. | |||||||||
Sample | ∙ The measures taken to ensure sample security. | ∙ | Not recorded. | ||||||
security | |||||||||
Audits or | ∙ The results of any audits or reviews of sampling techniques and data. | ∙ | Not recorded. | ||||||
reviews | |||||||||
11
Section 2 Reporting of Exploration Results
Criteria | JORC Code explanation | Commentary | ||||
Mineral | ∙ Type, reference name/number, location and ownership including | ∙ E31/1179 is held by CoxsRocks (10%) and Nexus Mt Celia Pty Ltd | ||||
tenement | agreements or material issues with third parties such as joint | (90%). | ||||
and land | ventures, partnerships, overriding royalties, native title interests, | ∙ As detailed in GIB's ASX release dated 16thJuly 2020, GIB acquired | ||||
historical sites, wilderness or national park and environmental | an Option to purchase 100% of E31/1179 for $110k with no private | |||||
tenure | ||||||
settings. | royalties or encumbrances. The Option deal is for six months and can | |||||
status | ||||||
∙ The security of the tenure held at the time of reporting along with any | be exercised at any time in that period for the payment of $330,000 | |||||
known impediments to obtaining a licence to operate in the area. | (plus GST), plus 5.5m GIB shares and 5.5m GIB options. |
Exploration ∙ Acknowledgment and appraisal of exploration by other parties.
done by other parties
GIB is compiling a database of historic mining and exploration activity. A brief chronology is included below:
-
The main period of mining activity on the Edjudina line of workings
(the 'Edjudina Line') occurred between 1897 and 1921. - Government Geologist Andrew Gibb Maitland made the first documented description of the Edjudina Line in 1903, which was followed up by reports in 1903 and 1905 by State Government Mining Engineer Alexander Montgomery. These reports described a number of private batteries being run on the Edjudina Line at this time, with some ore also carted to the nearby State Battery at Yarri.
- A minor revival in mining took place from 1936-1939, which was curtailed by the start of World War 2.
- In 1974-75 Australian Anglo American Ltd explored the Edjudina line, followed by United Nickel Exploration, Cambrian Exploration and Penzoil of Australia Ltd (1979-81).
- In 1993 Pancontinental picked up the ground and conducted drilling operations, relinquishing the ground in 1995. Little exploration work was conducted over the next 14 years with the exception of Gutnick Resources who are reported as having completed some wide spaced drilling during this time, however a complete dataset for this work is still being sourced.
- Mount Edon Gold Mines (Aust) Limited conducted -6 +2mm soil sampling on a 200 x 40m and 100 x 20m grid in 1996.
- From 2010 to 2014 CoxsRocks Pty Ltd, a WA based private company, conducted a ground magnetic survey, auger soil geochemistry and limited aircore drilling.
- The Edjudina Gold Project has been held by Nexus Mt Celia Pty Ltd from 2014 to present with one limited RC drilling program conducted in that time.
12
Criteria | JORC Code explanation | Commentary | ||||||
Geology | ∙ Deposit type, geological setting and style of mineralisation. | ∙ Historic reports describe mineralisation as occurring within silicified, | ||||||
boudinaged stromatolites which were mineralized and then deformed | ||||||||
during diagenesis and regional deformation. In this situation gold is | ||||||||
stratabound and almost entirely hosted within the quartz boudins. | ||||||||
∙ GIB believes there also was a broader hydrothermal alteration event | ||||||||
at Neta in which Au mineralisation is associated with Si-Fe alteration | ||||||||
and possibly with porphyry intrusion forming replacement style | ||||||||
mineralisation. Gold mineralisation does not appear to be associated | ||||||||
with sulphides. | ||||||||
Drill hole | ∙ A summary of all information material to the understanding of the | ∙ See Appendix A (Soil Samples). | ||||||
Information | exploration results including a tabulation of the following information | |||||||
for all Material drill holes: | ||||||||
o easting and northing of the drill hole collar | ||||||||
o elevation or RL (Reduced Level - elevation above sea level in | ||||||||
metres) of the drill hole collar | ||||||||
o dip and azimuth of the hole | ||||||||
o down hole length and interception depth | ||||||||
o hole length. | ||||||||
∙ If the exclusion of this information is justified on the basis that the | ||||||||
information is not Material and this exclusion does not detract from | ||||||||
the understanding of the report, the Competent Person should clearly | ||||||||
explain why this is the case. | ||||||||
Data | ∙ In reporting Exploration Results, weighting averaging techniques, | ∙ Not recorded. | ||||||
aggregatio | maximum and/or minimum grade truncations (eg cutting of high | |||||||
n methods | grades) and cut-off grades are usually Material and should be stated. | |||||||
∙ Where aggregate intercepts incorporate short lengths of high grade | ||||||||
results and longer lengths of low grade results, the procedure used | ||||||||
for such aggregation should be stated and some typical examples of | ||||||||
such aggregations should be shown in detail. | ||||||||
∙ The assumptions used for any reporting of metal equivalent values | ||||||||
should be clearly stated. | ||||||||
Relationshi | ∙ These relationships are particularly important in the reporting of | ∙ Not applicable to soil sampling. | ||||||
p between | Exploration Results. | |||||||
mineralisati | ∙ If the geometry of the mineralisation with respect to the drill hole | |||||||
angle is known, its nature should be reported. | ||||||||
on widths | ||||||||
∙ If it is not known and only the down hole lengths are reported, there | ||||||||
and | ||||||||
should be a clear statement to this effect (eg 'down hole length, true | ||||||||
width not known'). | ||||||||
13 |
Criteria | JORC Code explanation | Commentary | ||||
intercept | ||||||
lengths | ||||||
Diagrams | ∙ Appropriate maps and sections (with scales) and tabulations of | ∙ See Maps, Tables and Figures within the body of this announcement. | ||||
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 reporting of all Exploration Results is not | ∙ | n/a. | |||
reporting | 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 data, if meaningful and material, should be reported | ∙ | n/a. | |||
substantive | including (but not limited to): geological observations; geophysical | |||||
exploration | survey results; geochemical survey results; bulk samples - size and | |||||
method of treatment; metallurgical test results; bulk density, | ||||||
data | ||||||
groundwater, geotechnical and rock characteristics; potential | ||||||
deleterious or contaminating substances. | ||||||
Further | ∙ The nature and scale of planned further work (eg tests for lateral | ∙ GIB's phase 2 AC drilling campaign and geological targeting is | ||||
work | extensions or depth extensions or large-scalestep-out drilling). | discussed in this ASX announcement | ||||
∙ Diagrams clearly highlighting the areas of possible extensions, |
including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
End
14
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GIBB River Diamonds Ltd. published this content on 04 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2020 09:57:02 UTC