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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (163180)1/24/2022 5:18:30 PM
From: LoneClone  Read Replies (1) of 192593
 
Mandalay Resources Continues to Produce Excellent Results From Its Björkdal Eastward Mine Extension Drilling Programs

ca.finance.yahoo.com

Mandalay Resources Corporation
Mon, January 24, 2022, 4:30 a.m.

Veining with visible gold, supported by excellent grades, indicates an upgrading with depth at Björkdal

Figure 1.



Perspective view of the Björkdal Mine looking towards the SSW highlighting the interaction of the veining (Red), Marble (Blue) and Björkdal fault (Yellow). Drilling of the latest Central Zone extension programs is also shown.

Perspective view of the Björkdal Mine looking towards the SSW highlighting the interaction of the veining (Red), Marble (Blue) and Björkdal fault (Yellow). Drilling of the latest Central Zone extension programs is also shown.Figure 2.



Plan section of the Central Zone Extension Testing drilling with the Central Zone Conversion drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m.
Plan section of the Central Zone Extension Testing drilling with the Central Zone Conversion drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m.Figure 3.



Plan section of the Central Zone Infill drilling with the Central Zone Extension Testing drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m.
Plan section of the Central Zone Infill drilling with the Central Zone Extension Testing drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m.Figure 4.



Photograph of core containing gold within MU21-050 (357.25 – 357.65 m – ETW 0.31m @ 716 g/t Au).
Photograph of core containing gold within MU21-050 (357.25 – 357.65 m – ETW 0.31m @ 716 g/t Au).Figure 5.



Photograph of core containing gold within MU21-051 (60.7 – 61.15 m – ETW 0.23m @ 507 g/t Au).
Photograph of core containing gold within MU21-051 (60.7 – 61.15 m – ETW 0.23m @ 507 g/t Au).Figure 6.

Photograph of a significant intercept within MU21-052 (66.3.7 – 78.0 m – ETW 5.85m @ 47.7 g/t Au).
Photograph of a significant intercept within MU21-052 (66.3.7 – 78.0 m – ETW 5.85m @ 47.7 g/t Au).Figure 7.

Plan section of the Central Zone – Lake Zone Link Drilling. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2.0 g/t Au when diluted to 1 m.
Plan section of the Central Zone – Lake Zone Link Drilling. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2.0 g/t Au when diluted to 1 m.Figure 8.



East-West cross-section of area showing the divergence of Marble and Björkdal Shear.

TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND, OTCQB: MNDJF) is pleased to provide an update on the eastern extension drilling programs at its Björkdal operation in Sweden.

New Drilling Highlights:

Central Zone Extension Infill

  • 47.7 g/t gold over 11.7 m (Estimated True Width “ETW” 5.85 m) in MU21-052:

  • Including 1,056.0 g/t over 0.40 m;

  • 47.5 g/t gold over 6.4 m (ETW 4.11 m) in MU21-047:

  • Including 716.0 g/t over 0.31 m; and

  • 507.0 g/t gold over 0.45 m (ETW 0.23 m) in MU21-051.

  • Central Zone Extension Testing

  • 45.5 g/t gold over 2.3 m (ETW 1.15 m) in MU21-028;

  • 83.1 g/t gold over 0.4 m (ETW 0.39 m) in MU21-029;

  • 8.4 g/t gold over 5.7 m (ETW 5.35 m) in MU21-030; and

  • 5.1 g/t gold over 8.0 m (ETW 6.13 m) in MU21-031.

  • Central Zone – Lake Zone Link

  • 13.2 g/t gold over 1.0 m (ETW 0.94 m) in MU21-028; and

  • 19.3 g/t gold over 0.4 m (ETW 0.35 m) in MU21-029.

  • Note: Further intercept details including significant intercepts within composite intervals can be found in Table 1 in the Appendix to this document.

    Dominic Duffy, President and CEO of Mandalay, commented:

    “Following the success of the Main and Lake zone extension programs (press released June 29, 2021), Mandalay diverted focus to this high potential area. These recent drilling programs have supported the initial finding with some of the best grades seen at Björkdal. Predominantly, the intercepts are interpreted to be direct extensions of the Main and Central zone veining, however, the grades recovered from the Central Extension drilling show a distinct upgrading down plunge.

    “The increasing grades within the extensions of the Björkdal deposit at depth to the east mark a significant development in the multifaceted efforts to lift ore grades produced from the mine and will be a major focus of our production in the years to come. The Main, Lake and Central zones are all open to the north-east and those drilling results are showing higher grades the deeper and further to the east we drill. This is very exciting, and this drilling will continue to be one the primary exploration focuses over the course of 2022.

    “As a result of these excellent results, a mining concession application has already been submitted to the relevant authorities in order to extend the mining license holdings to cover this eastward extension of veining.

    “Lastly, a video has been prepared by Chris Davis, Vice President of Operational Geology and Exploration, to further explain the information in this release. The video can be found on Mandalay’s website or by clicking here.”

    Continued Success Along the Eastern Extension

    Since the success of the Lake and Main Zone extension projects, Mandalay has drilled a further 17 holes and 7,253 m into the eastern extension of the Björkdal veining in three programs. These are the Central Zone Extension, Central Zone Conversion and Central to Lake Zone Link drilling programs (See Figure 1). Currently, these results have been connected to the continuation of 21 existing veins and 16 new veins have been discovered. Significant grade also sits outside of currently modelled veining and it is expected that additional drilling will improve confidence in structural connections leading to further vein definition. So far, and to varying degrees, the veining has been extended up to 350 m from current workings.

    Figure 1. Perspective view of the Björkdal Mine looking towards the SSW highlighting the interaction of the veining (Red), Marble (Blue) and Björkdal fault (Yellow). Drilling of the latest Central Zone extension programs is also shown:
    globenewswire.com

    Central Zone Extension

    Central Zone abuts the northern boundary of Main Zone. Historically, the Central Zone delivered comparatively lower gold grades, however, the Main Zone extension drilling campaign undertaken in early 2021 produced significant grades along veining interpreted to be part of the Central Zone. These results, along with further advancement in the understanding of the mineral system (see below), led to the Central Zone Extension and subsequent Central Zone Infill programs undertaken during the second half of 2021.

    Whilst there are many significant intercepts, the original testing program produced several extraordinary results including 8.4 g/t gold over a true width of 5.35 m. This veining was again intercepted approximately 80 m to the west with an intercept of 5.1 g/t gold over a true width of 6.13 m. Other notable intercepts include 83.1 g/t gold over a true width of 0.39 m and 45.6 g/t gold over a true width of 1.15 m (Figure 2).

    Figure 2. Plan section of the Central Zone Extension Testing drilling with the Central Zone Conversion drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m:
    globenewswire.com

    Further drilling was undertaken after the successful completion of the Central Zone Extension Testing project, with the intent of further defining the veining in order to estimate Mineral Resources. This drilling produced three of the best intercepts found at Björkdal. An intercept of 47.5 g/t gold over a true width of 4.11 m was recovered including a 716.0 g/t vein with a true width of 0.31 m. This was accompanied by a separate intercept of 507.0 g/t gold over a true width of 0.23 m. In the most recent hole (MU21-052) this veining was again intercepted to the east with a composite grade of 47.7 g/t gold over a true width of 5.85 m. This extraordinary intercept included a vein grading 1,059.0 g/t gold over a true width of 0.23 m.

    Figure 3. Plan section of the Central Zone Infill drilling with the Central Zone Extension Testing drilling shown faded. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2 g/t when diluted to 1 m:
    globenewswire.com

    Visible gold is common within the quartz veining of the project area and is generally accompanied by significant gold grades when assayed. The below images (Figures 4, 5, and 6) are of the three highest grade results in the drilling thus far.

    Figure 4. Photograph of core containing gold within MU21-050 (357.25 – 357.65 m – ETW 0.31m @ 716 g/t Au):
    globenewswire.com

    Figure 5. Photograph of core containing gold within MU21-051 (60.7 – 61.15 m – ETW 0.23m @ 507 g/t Au):
    globenewswire.com

    Figure 6. Photograph of a significant intercept within MU21-052 (66.3.7 – 78.0 m – ETW 5.85m @ 47.7 g/t Au):
    globenewswire.com

    Central Zone - Lake Zone Link

    Late in 2021, it became apparent that a gap of highly prospective ground was underexplored between Lake and Central Zones at depth. Owing to the growing excitement around the area, drilling of the Lake Zone link began in Q4 2021 and is ongoing, however, the initial four holes have intercepted veining extensions of significant endowment, which warrants follow-up drilling. 13.2 g/t gold over a true width of 0.94 m was intercepted in MU21-028 along with 19.3 g/t gold over a true width of 0.35 m in MU21-029.

    Figure 7. Plan section of the Central Zone – Lake Zone Link Drilling. Intercepts above 0.5 g/t Au when diluted to 1 m are denoted by dots. Drillholes are annotated with composites over 2.0 g/t Au when diluted to 1 m:
    globenewswire.com

    Understanding the Upgrading Potential of the Eastward Extension

    System analysis of the Björkdal deposit highlights the major faults, such as the Björkdal and Rand faults, encompass the conduit system that brings mineralizing fluids into the deposit. These mineralizing fluids are buffered both chemically and structurally by the marble horizon that overlays most of the Björkdal Deposit. A notable exception is Aurora where the marble horizon dips and is cut across by the Björkdal Fault. In this area mineralization is able to transcend the marble horizon and concentrate above leading to a more diffuse endowment of gold.

    Conversely to the east of Björkdal the marble horizon is interpreted to be undisrupted by the Björkdal Fault which persists below the marble. In this setting the concentration zone sits below the marble and is enhanced by the relative low permeability of the marble. It follows that this environment of trapped gold rich fluids is conducive to production of larger gold grains as evidenced by the presence of numerous and significant gold sightings and accompanying grades.

    Figure 8. East-West cross-section of area showing the divergence of Marble and Björkdal Shear:
    globenewswire.com

    Drilling and development of this exciting area will be ongoing though 2022 however, with enhanced exploration budgeting, this target will no longer detain resources from the other significant projects targeting north of Aurora, Skarn horizons and multiple strong regional prospects.

    Drilling and Assaying

    At Björkdal, all diamond drill core was logged and sampled by Björkdal geologists. Exploration drill hole samples were sent to CRS Laboratories Oy (“CRS”) in Kempele, Finland for sample preparation and assaying.

    Assaying was conducted utilizing the Pal1000 cyanide leaching processes. Mandalay’s rigorous QA/QC program included the use of standard reference samples, blanks, duplicates, repeats, and internal laboratory quality assurance procedures. (see March 30, 2021, Technical Report entitled “Technical Report on the Björkdal Gold Mine, Sweden”, available on SEDAR ( www.sedar.com), which contains a complete description of drilling, sampling, and assaying procedures).

    Qualified Person:

    Chris Davis, Vice President of Operational Geology and Exploration at Mandalay Resources, is a Chartered Professional of the Australasian Institute of Mining and Metallurgy (MAusIMM CP(Geo)), as well as a Member of the Australian Institute of Geoscientists (MAIG) and a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical and scientific information provided in this release.

    For Further Information

    Dominic Duffy
    President and Chief Executive Officer

    Edison Nguyen
    Manager, Analytics and Investor Relations

    Contact:
    647.260.1566

    About Mandalay Resources Corporation

    Mandalay Resources is a Canadian-based natural resource company with producing assets in Australia (Costerfield gold-antimony mine) and Sweden (Björkdal gold mine), with projects in Chile and Canada under closure or development status. The Company is focused on growing its production and reducing costs to generate significant positive cashflow. Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.

    Mandalay’s mission is to create shareholder value through the profitable operation and continuing the regional exploration program, at both its Costerfield and Björkdal mines. Currently, the Company’s main objective is to continue mining the high-grade Youle vein at Costerfield, bring online the deeper Shepherd veins, both of which will continue to supply high-grade ore to the processing plant, and to extend Youle Mineral Reserves. At Björkdal, the Company will aim to increase production from the Aurora zone and other higher-grade areas in the coming years, in order to maximize profit margins from the mine.

    Forward-Looking Statements:

    This news release contains "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the exploration and development potential of the exploration results disclosed. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, changes in commodity prices and general market and economic conditions. The factors identified above are not intended to represent a complete list of the factors that could affect Mandalay. A description of additional risks that could result in actual results and developments differing from those contemplated by forward-looking statements in this news release can be found under the heading “Risk Factors” in Mandalay’s annual information form dated March 31, 2021, a copy of which is available under Mandalay’s profile at www.sedar.com. In addition, there can be no assurance that any inferred resources that are discovered as a result of additional drilling will ever be upgraded to proven or probable reserves. Although Mandalay has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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.

    Appendix

    Table 1. Table of Significant Intercepts

    DRILL HOLE ID

    FROM
    (M)


    TO
    (M)

    INTERVAL
    (M)

    ESTIMATED
    TRUE WIDTH

    (M)

    AU GRADE
    (G/T)

    AU (G/T)
    OVER MIN.
    1M WIDTH


    MU21-025

    120.90

    121.85

    0.95

    0.43

    2.7

    1.2

    MU21-025

    239.45

    240.30

    0.85

    0.49

    1.8

    0.9

    MU21-025

    273.20

    273.50

    0.30

    0.13

    4.3

    0.6

    MU21-025

    299.65

    300.05

    0.40

    0.20

    15.7

    3.1

    MU21-025

    302.40

    304.45

    2.05

    0.93

    1.3

    1.2

    MU21-025

    330.65

    334.60

    3.95

    1.73

    2.8

    2.8

    MU21-025

    371.10

    371.55

    0.45

    0.29

    2.2

    0.6

    MU21-025

    423.30

    424.25

    0.95

    0.40

    5.7

    2.3

    MU21-026

    34.35

    34.65

    0.30

    0.19

    72.3

    13.7

    MU21-026

    39.90

    40.30

    0.40

    0.26

    3.2

    0.8

    MU21-026

    49.85

    50.20

    0.35

    0.34

    6.3

    2.1

    MU21-026

    74.70

    75.00

    0.30

    0.23

    7.4

    1.7

    MU21-026

    93.85

    95.60

    1.75

    1.24

    7.9

    7.9

    MU21-026

    102.70

    103.40

    0.70

    0.61

    13.6

    8.3

    MU21-026

    119.40

    120.25

    0.85

    0.22

    3.8

    0.8

    MU21-026

    128.55

    128.90

    0.35

    0.27

    14.8

    4.0

    MU21-026

    163.00

    164.00

    1.00

    0.34

    3.8

    1.3

    MU21-026

    193.20

    193.95

    0.75

    0.53

    2.5

    1.3

    MU21-026

    198.60

    198.90

    0.30

    0.25

    6.2

    1.6

    MU21-026

    370.35

    371.10

    0.75

    0.65

    21.9

    14.3

    MU21-026

    379.35

    379.75

    0.40

    0.35

    4.5

    1.6

    MU21-027

    43.20

    44.20

    1.00

    0.77

    9.8

    7.6

    MU21-027

    134.40

    135.00

    0.60

    0.30

    6.3

    1.9

    MU21-027

    143.60

    144.00

    0.40

    0.35

    5.4

    1.9

    MU21-027

    151.00

    159.00

    8.00

    5.14

    4.6

    4.6

    MU21-027

    302.70

    303.20

    0.50

    0.38

    21.1

    8.0

    MU21-027

    306.70

    307.00

    0.30

    0.30

    9.8

    3.0

    MU21-027

    315.10

    315.70

    0.60

    0.46

    2.4

    1.1

    MU21-028

    23.55

    23.95

    0.40

    0.31

    2.8

    0.9

    MU21-028

    128.40

    129.30

    0.90

    0.64

    8.3

    5.3

    MU21-028

    148.30

    148.65

    0.35

    0.29

    3.2

    0.9

    MU21-028

    172.70

    173.05

    0.35

    0.25

    2.3

    0.6

    MU21-028

    180.05

    182.35

    2.30

    1.15

    45.6

    45.6

    MU21-028

    184.95

    185.25

    0.30

    0.21

    3.1

    0.7

    MU21-028

    345.60

    346.00

    0.40

    0.20

    3.3

    0.7

    MU21-028

    367.60

    367.95

    0.35

    0.25

    2.1

    0.5

    MU21-029

    98.35

    98.80

    0.45

    0.23

    21.2

    4.9

    MU21-029

    115.20

    115.50

    0.30

    0.17

    9.2

    1.6

    MU21-029

    261.60

    262.20

    0.60

    0.59

    6.6

    3.9

    MU21-029

    283.80

    284.20

    0.40

    0.35

    4.7

    1.6

    MU21-029

    303.60

    304.00

    0.40

    0.35

    8.5

    3.0

    MU21-029

    413.20

    414.20

    1.00

    0.87

    2.7

    2.4

    MU21-029

    417.90

    418.30

    0.40

    0.39

    83.1

    32.4

    MU21-030

    57.00

    58.00

    1.00

    0.98

    0.8

    0.8

    MU21-030

    132.00

    132.30

    0.30

    0.17

    13.2

    2.2

    MU21-030

    205.20

    207.20

    2.00

    0.52

    10.6

    5.5

    MU21-030

    254.00

    254.50

    0.50

    0.32

    2.8

    0.9

    MU21-030

    257.10

    257.50

    0.40

    0.31

    21.7

    6.7

    MU21-030

    263.00

    263.50

    0.50

    0.43

    19.4

    8.3

    MU21-030

    277.00

    277.45

    0.45

    0.39

    51.2

    20.0

    MU21-030

    287.50

    288.50

    1.00

    0.91

    14.5

    13.2

    MU21-030

    313.40

    319.10

    5.70

    5.35

    8.4

    8.4

    MU21-030

    331.60

    332.00

    0.40

    0.38

    6.1

    2.3

    MU21-030

    339.00

    339.50

    0.50

    0.38

    1.4

    0.5

    MU21-030

    394.00

    395.00

    1.00

    0.77

    5.1

    3.9

    MU21-030

    461.50

    462.00

    0.50

    0.43

    2.0

    0.8

    MU21-030

    469.30

    469.80

    0.50

    0.32

    14.4

    4.6

    MU21-031

    76.30

    78.00

    1.70

    1.67

    2.3

    2.3

    MU21-031

    118.75

    119.30

    0.55

    0.23

    8.7

    2.0

    MU21-031

    178.70

    179.70

    1.00

    0.42

    2.3

    0.9

    MU21-031

    213.40

    213.70

    0.30

    0.23

    4.4

    1.0

    MU21-031

    286.60

    287.60

    1.00

    0.42

    9.3

    3.9

    MU21-031

    301.90

    302.40

    0.50

    0.32

    2.1

    0.7

    MU21-031

    305.00

    306.00

    1.00

    0.42

    1.8

    0.7

    MU21-031

    342.20

    350.20

    8.00

    6.13

    5.1

    5.1

    MU21-031

    408.00

    409.00

    1.00

    0.42

    1.6

    0.7

    MU21-031

    460.50

    461.00

    0.50

    0.47

    5.9

    2.8

    MU21-031

    491.00

    491.30

    0.30

    0.23

    3.5

    0.8

    MU21-046

    15.50

    15.80

    0.30

    0.28

    3.2

    0.9

    MU21-046

    30.30

    30.60

    0.30

    0.23

    9.7

    2.2

    MU21-046

    57.45

    61.15

    3.70

    3.12

    7.2

    7.2

    MU21-046

    72.05

    72.35

    0.30

    0.27

    2.0

    0.5

    MU21-046

    95.20

    95.70

    0.50

    0.17

    6.2

    1.1

    MU21-046

    194.80

    195.40

    0.60

    0.52

    14.9

    7.7

    MU21-046

    209.95

    210.30

    0.35

    0.25

    5.5

    1.4

    MU21-046

    257.25

    257.75

    0.50

    0.45

    1.9

    0.9

    MU21-046

    294.30

    294.95

    0.65

    0.63

    1.9

    1.2

    MU21-047

    9.85

    10.40

    0.55

    0.32

    5.1

    1.6

    MU21-047

    36.00

    36.35

    0.35

    0.12

    14.2

    1.7

    MU21-047

    47.65

    48.10

    0.45

    0.29

    2.1

    0.6

    MU21-047

    66.65

    67.05

    0.40

    0.36

    41.1

    14.8

    MU21-047

    87.00

    92.60

    5.60

    3.21

    9.1

    9.1

    MU21-047

    95.80

    96.25

    0.45

    0.26

    8.5

    2.2

    MU21-047

    136.30

    137.05

    0.75

    0.19

    20.1

    3.8

    MU21-047

    164.60

    164.90

    0.30

    0.21

    37.1

    7.8

    MU21-047

    209.40

    210.25

    0.85

    0.74

    74.4

    55.1

    MU21-047

    215.00

    215.90

    0.90

    0.31

    2.6

    0.8

    MU21-047

    264.20

    264.55

    0.35

    0.29

    9.7

    2.8

    MU21-048

    71.50

    72.25

    0.75

    0.57

    11.4

    6.5

    MU21-048

    102.75

    103.10

    0.35

    0.22

    6.1

    1.3

    MU21-048

    119.30

    120.15

    0.85

    0.65

    4.6

    3.0

    MU21-048

    144.25

    144.60

    0.35

    0.22

    4.7

    1.0

    MU21-048

    177.00

    180.40

    3.40

    2.60

    2.7

    2.7

    MU21-048

    269.20

    269.70

    0.50

    0.32

    2.8

    0.9

    MU21-048

    273.00

    273.85

    0.85

    0.43

    2.7

    1.1

    MU21-048

    285.95

    287.00

    1.05

    0.48

    1.5

    0.7

    MU21-048

    290.90

    292.55

    1.65

    0.29

    4.6

    1.3

    MU21-048

    300.15

    300.90

    0.75

    0.45

    2.4

    1.1

    MU21-048

    336.60

    337.80

    1.20

    0.31

    1.6

    0.5

    MU21-048

    364.80

    365.90

    1.10

    0.28

    1.8

    0.5

    MU21-050

    15.75

    16.15

    0.40

    0.31

    1.8

    0.6

    MU21-050

    57.00

    57.50

    0.50

    0.35

    1.7

    0.6

    MU21-050

    63.70

    65.30

    1.60

    0.74

    9.7

    7.1

    MU21-050

    167.80

    168.40

    0.60

    0.34

    123.0

    41.8

    MU21-050

    201.95

    202.55

    0.60

    0.34

    12.3

    4.2

    MU21-050

    235.60

    236.00

    0.40

    0.20

    21.2

    4.2

    MU21-050

    241.75

    245.40

    3.65

    2.09

    19.9

    19.9

    MU21-050

    253.40

    254.60

    1.20

    0.70

    1.4

    1.0

    MU21-050

    300.30

    303.75

    3.45

    2.01

    1.5

    1.5

    MU21-050

    334.10

    334.55

    0.45

    0.29

    2.1

    0.6

    MU21-050

    357.25

    363.65

    6.40

    4.11

    47.5

    47.5

    INCLUDING

    357.25

    357.65

    0.40

    0.31

    716.0

    222.0

    MU21-050

    386.95

    387.35

    0.40

    0.28

    16.5

    4.6

    MU21-050

    390.20

    390.50

    0.30

    0.26

    5.3

    1.4

    MU21-051

    60.70

    61.15

    0.45

    0.12

    507.0

    60.8

    MU21-051

    69.25

    69.55

    0.30

    0.19

    11.0

    2.1

    MU21-051

    79.75

    80.60

    0.85

    0.29

    2.0

    0.6

    MU21-051

    134.80

    135.40

    0.60

    0.21

    14.3

    3.0

    MU21-051

    248.70

    249.60

    0.90

    0.23

    30.7

    7.1

    MU21-051

    260.90

    276.80

    15.90

    12.18

    1.7

    1.7

    MU21-051

    287.60

    288.70

    1.10

    0.46

    4.6

    2.1

    MU21-051

    304.60

    304.95

    0.35

    0.34

    1.5

    0.5

    MU21-051

    324.25

    324.55

    0.30

    0.15

    15.8

    2.4

    MU21-051

    330.70

    331.15

    0.45

    0.32

    23.8

    7.6

    MU21-051

    355.60

    356.70

    1.10

    0.46

    2.6

    1.2

    MU21-052

    66.30

    78.00

    11.70

    5.85

    47.7

    47.7

    INCLUDING

    68.55

    69.00

    0.45

    0.23

    1059.0

    238.3

    MU21-053

    116.90

    117.20

    0.30

    0.28

    7.1

    2.0

    MU21-053

    197.50

    198.00

    0.50

    0.43

    3.5

    1.5

    MU21-053

    203.10

    203.50

    0.40

    0.31

    2.9

    0.9

    MU21-053

    316.20

    316.50

    0.30

    0.26

    4.2

    1.1

    MU21-053

    339.40

    340.00

    0.60

    0.52

    10.4

    5.4

    MU21-053

    345.60

    346.00

    0.40

    0.38

    7.6

    2.9

    MU21-053

    389.70

    390.10

    0.40

    0.35

    19.3

    6.8

    MU21-054

    72.00

    73.00

    1.00

    0.75

    2.7

    2.0

    MU21-054

    77.00

    78.00

    1.00

    0.75

    1.2

    0.9

    MU21-054

    84.70

    85.20

    0.50

    0.38

    7.0

    2.6

    MU21-054

    89.00

    90.00

    1.00

    0.75

    2.4

    1.8

    MU21-054

    98.50

    99.00

    0.50

    0.38

    2.9

    1.1

    MU21-054

    168.60

    169.00

    0.40

    0.39

    5.8

    2.3

    MU21-054

    202.00

    203.00

    1.00

    0.75

    0.9

    0.7

    MU21-054

    208.40

    208.90

    0.50

    0.32

    6.1

    2.0

    MU21-054

    335.40

    336.40

    1.00

    0.94

    13.2

    12.4

    MU21-054

    338.40

    339.00

    0.60

    0.52

    1.3

    0.7

    MU21-054

    347.00

    348.00

    1.00

    0.77

    1.1

    0.8

    MU21-054

    365.00

    366.70

    1.70

    1.30

    2.8

    2.8

    MU21-054

    379.50

    380.00

    0.50

    0.47

    1.7

    0.8

    MU21-054

    382.00

    383.00

    1.00

    0.75

    1.8

    1.3

    MU21-054

    392.80

    393.10

    0.30

    0.19

    3.3

    0.6

    MU21-054

    402.40

    403.00

    0.60

    0.56

    3.3

    1.9

    MU21-055

    41.90

    42.30

    0.40

    0.31

    2.1

    0.7

    MU21-055

    98.00

    98.60

    0.60

    0.56

    1.9

    1.1

    MU21-055

    129.00

    129.50

    0.50

    0.43

    1.4

    0.6

    MU21-055

    229.00

    230.00

    1.00

    0.86

    0.9

    0.8

    MU21-055

    232.00

    233.00

    1.00

    0.86

    2.3

    1.9

    MU21-055

    242.00

    242.60

    0.60

    0.59

    1.7

    1.0

    MU21-055

    314.60

    316.10

    1.50

    1.30

    2.2

    2.2

    MU21-055

    317.00

    320.00

    3.00

    2.30

    0.9

    0.9

    MU21-057

    99.00

    101.00

    2.00

    1.43

    1.4

    1.4

    MU21-057

    195.70

    196.60

    0.90

    0.45

    1.4

    0.6

    MU21-057

    282.20

    282.60

    0.40

    0.35

    2.6

    0.9

    MU21-057

    502.00

    502.60

    0.60

    0.56

    2.7

    1.5

    MU21-065

    15.75

    16.20

    0.45

    0.42

    1.3

    0.6

    MU21-065

    32.90

    37.80

    4.90

    3.52

    10.6

    10.6

    MU21-065

    42.30

    42.80

    0.50

    0.38

    52.1

    19.8

    MU21-065

    48.60

    49.00

    0.40

    0.28

    5.6

    1.6

    MU21-065

    63.85

    66.55

    2.70

    1.91

    26.4

    26.4

    MU21-065

    83.30

    83.75

    0.45

    0.32

    2.9

    0.9

    MU21-065

    85.60

    85.95

    0.35

    0.25

    3.9

    1.0

    MU21-065

    108.60

    109.40

    0.80

    0.61

    2.0

    1.2

    MU21-065

    136.50

    136.90

    0.40

    0.20

    3.7

    0.7

    MU21-065

    162.10

    162.60

    0.50

    0.41

    1.7

    0.7

    MU21-065

    165.30

    165.80

    0.50

    0.25

    2.1

    0.5

    MU21-065

    202.95

    203.35

    0.40

    0.36

    2.4

    0.9

    MU21-065

    331.30

    332.30

    1.00

    0.42

    1.3

    0.5

    MU21-065

    351.80

    352.70

    0.90

    0.38

    4.3

    1.6


    Notes:

  • Where true widths are greater than 1m, grades are not diluted and are presented as the grade over the composite true width.

  • Composites that are below 0.5 g/t Au when diluted to 1 m are not reported in this table.

  • Table 2. Drill Hole Collar Details

    DRILL
    PROGRAM


    DRILL
    HOLE ID


    EASTING

    NORTHING

    ELEVATION

    DEPTH

    DIP

    AZIMUTH

    DATE
    COMPLETE

    CZ Extension

    MU21-025

    764366

    7213135

    -252

    432

    -32

    349

    30/06/2021

    CZ Extension

    MU21-026

    764362

    7213127

    -251

    383

    -16

    313

    24/07/2021

    CZ Extension

    MU21-027

    764362

    7213127

    -252

    423

    -23

    324

    12/08/2021

    CZ Extension

    MU21-028

    764364

    7213128

    -251

    429

    -25

    333

    11/06/2021

    CZ Extension

    MU21-029

    764001

    7213223

    -195

    453

    -24

    88

    27/08/2021

    CZ Extension

    MU21-030

    764001

    7213223

    -195

    486

    -28

    80

    17/09/2021

    CZ Extension

    MU21-031

    764001

    7213223

    -195

    526

    -30

    72

    3/10/2021

    CZ Conversion

    MU21-046

    764332

    7213143

    -250

    357

    -17

    307

    15/10/2021

    CZ Conversion

    MU21-047

    764332

    7213143

    -251

    360

    -24

    312

    23/10/2021

    CZ Conversion

    MU21-048

    764332

    7213143

    -251

    374

    -26

    321

    2/11/2021

    CZ Conversion

    MU21-050

    764401

    7213123

    -272

    432

    -28

    325

    6/12/2021

    CZ Conversion

    MU21-051

    764401

    7213123

    -273

    441

    -28

    332

    26/11/2021

    CZ Conversion

    MU21-052

    764401

    7213123

    -273

    510

    -30

    337

    22/12/2021

    CZ Conversion

    MU21-065

    764332

    7213144

    -250

    375

    -20

    320

    13/11/2021

    CZ-LZ Link

    MU21-053

    764149

    7213200

    -222

    411

    -26

    303

    17/10/2021

    CZ-LZ Link

    MU21-054

    764149

    7213200

    -222

    411

    -28

    313

    29/10/2021

    CZ-LZ Link

    MU21-055

    764152

    7213204

    -222

    429

    -34

    324

    10/11/2021

    CZ-LZ Link

    MU21-057

    764152

    7213204

    -222

    531

    -36

    343

    3/12/2021


    Notes:

  • Coordinate System: SWEREF 99

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