Novo Resources Corp. (
Novo or the
Company) (ASX: NVO) (TSX: NVO) (OTCQX: NSRPF) is
pleased to provide an update regarding the Company’s highly
prospective Belltopper Gold Project (“
Belltopper”)
in the Bendigo Tectonic Zone, Victoria (Figure 1). Integrating
results from the current 2024 exploration program, the Company have
an updated 3D model of priority target reefs at Belltopper, which
has resulted in the definition of an Exploration Target.
An Exploration Target is now
presented for the Belltopper area based on seven
reefs considered to show high prospectivity based on geological,
drilling, and historical data (Table 1).
Table 1. Exploration
Target for the Belltopper Project, Victoria. Figures may not
compute due to rounding.
|
Metric |
Low case (approximation) |
High case (approximation) |
|
Tonnage range |
1.5 Mt |
2.1 Mt |
|
Grade range |
6.6 g/t Au |
8.4 g/t Au |
|
Contained Au range |
320 koz Au |
570 koz Au |
|
|
|
|
Clarification statement: An
Exploration Target as defined in the JORC Code (2012) is a
statement or estimate of the exploration potential of a mineral
deposit in a defined geological setting where the statement or
estimate, quoted as a range of tonnes and a range of grade (or
quality), relates to mineralisation for which there has been
insufficient exploration to estimate a Mineral Resource.
Accordingly, these figures are not Mineral Resource or Ore Reserve
estimates as defined in the JORC Code (2012). The potential
quantities and grades referred to above are conceptual in nature
and there has been insufficient exploration to estimate a Mineral
Resource and it is uncertain if further exploration will result in
the estimation of a Mineral Resource. These figures are based on
the interpreted continuity of mineralisation and projection into
unexplored ground often around historical workings. The Exploration
Target has been prepared in accordance with the JORC Code
(2012).
Novo Executive Co-Chairman and Acting CEO Mike
Spreadborough said:
“Our Belltopper Project is an exciting,
high-grade gold opportunity located in a tier-one gold region. The
Novo geological team has done an outstanding job to define the
geology, mineralisation and prospectivity of Belltopper supported
by a successful period of work delivered at the Project, including
the six-hole, 2,529 m, diamond drill program completed in Q2 this
year. Belltopper is an exciting opportunity and has the potential
to grow in size and scale and the focus will now turn to expanding
the prospectivity of the project.”
Figure 1. Belltopper Gold Project location map with regional
gold occurrences and major structures1.
The mineralisation presented in the body of this
announcement is not necessarily representative of mineralisation
throughout the Belltopper Gold Project. Intercepts are expressed as
down-hole intersections and should not be presumed to represent
true widths, which vary from hole to hole and between reefs (refer
JORC Table 1). In addition, all references in this announcement to
tonnage, grade, contained Au and associated ranges are expressed as
approximations.
Certain results at Belltopper were obtained (and
reported in accordance with Canadian continuous disclosure
requirements) prior to the Company’s listing on ASX in September
2023 and are now reported to ASX in accordance with the JORC Code
2012 for the first time.
Belltopper is located 120 km northwest of
Melbourne and approximately 50 km south of Agnico Eagle’s
Fosterville Gold Mine (Figure 1) in the Bendigo Zone, an area with
historical gold production of more than 60 million ounces.
Novo recently completed a six-hole, 2,529 m,
diamond drill program in Q2 2024 (see the Company’s ASX
announcement dated 4 June 2024 released to ASX on 5 June 2024),
commensurate with a re-logging and infill assay program on key
historic holes. Recent campaigns build on previous drilling (2021 –
2022) and deliver new significant gold intercepts across a range of
structural targets, including the discovery of two new gold reefs
with significant strike potential.
The Company is focussed on developing a program
that aims to grow the Exploration Target, whilst systematically
testing an evolving pipeline of high priority, drill ready,
conceptual shallow and deeper targets, including: Fosterville-style
(epizonal), anticline related targets; Bendigo-style saddle-reef
targets; Costerfield-style faults; and intrusive-igneous targets
such as the gold-bearing Missing Link Granite, on theme with
high-value Victorian examples of intrusion hosted deposits such as
A1 and Morning Star in the Walhalla – Woods Point gold province,
and developing projects such as Southern Cross Gold’s, Sunday
Creek, 60 km north of Melbourne.
BELLTOPPER EXPLORATION TARGET DEFINITION
DETAIL
A characteristic feature at Belltopper is the
dense network of apparent high-grade gold ± antimony reefs that
cluster in the northwest quadrant of the project adjacent to the
regional Taradale Fault. An Exploration Target (Table 2) is
presented for the Belltopper Project area based on seven individual
reefs (Figure 2) considered to show high prospectivity based on
geological, drilling and/or historical data outlined in Tables 3
and 4.
Table 2. Exploration
Target for the Belltopper Project, Victoria. Figures may not
compute due to rounding.
|
Metric |
Low case(approximation) |
High case(approximation) |
|
Tonnage range |
1.5 Mt |
2.1 Mt |
|
Grade range |
6.6 g/t Au |
8.4 g/t Au |
|
Contained Au range |
320 koz Au |
570 koz Au |
| |
|
|
Clarification statement: An
Exploration Target as defined in the JORC Code (2012) is a
statement or estimate of the exploration potential of a mineral
deposit in a defined geological setting where the statement or
estimate, quoted as a range of tonnes and a range of grade (or
quality), relates to mineralisation for which there has been
insufficient exploration to estimate a Mineral Resource.
Accordingly, these figures are not Mineral Resource or Ore Reserve
estimates as defined in the JORC Code (2012). The potential
quantities and grades referred to above are conceptual in nature
and there has been insufficient exploration to estimate a Mineral
Resource and it is uncertain if further exploration will result in
the estimation of a Mineral Resource. These figures are based on
the interpreted continuity of mineralisation and projection into
unexplored ground often around historical workings. The Exploration
Target has been prepared in accordance with the JORC Code
(2012).
Table 3.
Significant reefs with summary of key inputs to the Exploration
Target.
|
Target Reefs^ |
Reef No. on Figure 2 |
Historic underground development |
Historical production data |
Drilling |
Mapped |
Surface sampling |
|
Leven Star |
1 |
Minor |
- |
Significant |
Yes |
Yes |
|
Missing Link |
2 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Never Despair |
3 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
O’Connor’s |
4 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Queens / Egyptian |
5 |
Yes |
Yes |
Yes |
No |
No |
|
Hanover Reef Fault |
6 |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Piezzi Reef / Stackyards |
7 |
Yes |
Yes |
Yes |
Yes |
Yes |
^Selection criteria for the sub-set of seven
reefs from the wider network of reefs at Belltopper considers both
target confidence and target ounce potential, with the latter
nominally set at >20,000 oz Au to be considered for inclusion
into the Exploration Target.
Figure 2 depicts significant intercepts returned
across all phases of drilling. Callouts are provided for all >50
m.g/t Au2 intercepts, and select intercepts from important target
reefs, as well as the gold-bearing Missing Link Granite, a
porphyritic felsic intrusion with IRGS (Intrusion Related Gold
System) characteristics that outcrops centrally to the network of
high-grade reefs at Belltopper. This Figure highlights the
exceptional prospectivity and diverse nature of mineralisation
present at Belltopper.
Reefs belonging to the Exploration Target are
typically narrow, discrete, continuous structures that can be
traced up to 1.5 km in strike and predominantly fall into two
geometrical sets: a more common moderate to steep NE dipping set;
and a less common subvertical to steep NW dipping set. Both sets
are oblique to north-south trending stratigraphy and crosscut both
stratigraphy and the regional upright folds. The reefs commonly
manifest as narrow (<1 metre-wide), sulphide-rich fault breccia
± quartz vein occurrence or infrequently as multiple occurrences
within a typically wider halo of intense sericite – silica ±
kaolinite altered sediments and preserve textures and mineralogy
consistent with the epizonal class of orogenic lode gold deposits
(Figure 3).
Table 4 notes individual characteristics for
each of the seven reefs included in the Exploration Target.
All reefs forming part of the Exploration Target
have some degree of historic mining and/or exploration development,
albeit minor on the Leven Star Reef. The most significant mining
occurred on the historic Queens Birthday – Egyptian and O’Connor’s
Reefs, where a combined production of ca. 90,000 oz Au at
historical recovered grades of between 1-2 oz/t Au are reported2.
For example, production from O’Connor’s totalled 44,017 t for
38,791 oz Au recovered at a grade of 27.4 g/t Au.
Reported historic mining grades are supported by
recent exploration drilling data at Belltopper, including examples,
but not limited to: the Queen’s Birthday Reef which returned
3.1 m @ 9.27 g/t Au from 400.9 m, including
2.34 m @ 12.01 g/t Au from 400.9 m in diamond hole
MD203; and the Leven Star Reef which returned 14.0 m @ 6.15
g/t Au from 120 m, including 7.60 m @ 6.66 g/t
Au from 121.9 m and 3.0 m @ 11.06 g/t Au
from 131 m in diamond hole MD165.
Figure 2. Location map for Exploration
Target reefs labelled #1 through #7. Refer to Table 2 for the
global Exploration Target and Table 3 for reef-by-reef breakdown.
Callouts highlight key significant intercepts on the project. For a
full list of all significant >2 m.g/t Au4 intercepts with
corresponding drill collar details and location map please refer to
Appendices 1, 2 and 3.
Table 4. Geological
inputs for each reef to the Exploration Target. All reefs are
identified on Figure 2.
|
Reef |
Dip / dip direction |
Strike continuity (m) |
Dip continuity (m) |
Potential mining width (m) |
Mean vein width |
Characteristics of mineralisation |
|
Leven Star |
85° to SE |
800 |
370 |
2.6 |
2.60 |
Sulphide rich tectonic breccia +- disseminated and stringer hosted
sulphides. Occasional zones of white quartz veining stockwork (Au +
As, Sb +- Bi, Sn, W) |
|
Missing Link |
75° to ENE |
920 |
250 |
1.5 |
0.15 |
Tectonic breccia +- disseminated sulphides (Au + As) |
|
Never Despair |
80° to ENE |
670 |
250 |
1.5 |
0.20 |
Puggy tectonic breccia (Au + As) |
|
O’Connor’s |
70° to ENE |
1,500 |
300 |
1.5 |
0.33 |
Tectonic breccia +- disseminated sulphides (Au + As) |
|
Queens/Egyptian |
78° to ENE |
780 |
350 |
1.5 |
0.20 |
Tectonic breccia +- disseminated sulphides and irregular white
quartz veinlets (Au + As) |
|
Hanover Reef |
70° to NE |
650 |
250 |
1.5 |
0.25 |
Broad zone of quartz stockwork veining surrounding narrow sulphide
rich tectonic breccia (Au + As) |
|
Piezzi Reef / Stackyards |
75° to ENE |
1,450 |
250 |
1.5 |
0.20 |
Narrow tectonic breccia overprinting bucky white quartz vein
surrounded by irregular quartz veining (Au + As, Bi) |
|
|
|
|
|
|
|
|
The wide array of orientations for mineralised
reefs (i.e. mineralised structures) at Belltopper is an important
feature that has resulted in localised zones of structural and
mineralisation overprint. Several of these overprinting zones have
been modelled and are captured in the evolving pipeline of
high-priority targets; including structural overprints along
segments of the Exploration Target reefs that represent potential
zones of enhanced gold mineralisation and opportunities to grow the
Exploration Target (Figure 2).
Table 2 and Table 5 outline the Exploration
Target, and the significant reefs included within the current
Exploration Target at Belltopper.
Figure 3. MD16 (127.65 m – 133.1 m). Leven
Star Reef intersection in fresh sulphide material (14.0 m @
6.15 g/t Au from 120 m, including 7.60 m @ 6.66
g/t Au from 121.9 m and 3.0 m @ 11.06 g/t
Au from 131 m)5. Peak gold assay is associated with a
discrete sulphide rich fault breccia and increased quartz
stock-work veining. Intercepts are expressed as down-hole
intersections and should not be presumed to represent true widths,
which vary from hole to hole and between reefs (refer JORC Table
1).
Table 5.
Significant reefs with breakdown of gold targets included within
current Exploration Target at Belltopper. Figures may not compute
due to rounding.
|
|
Expressed as approximations |
|
Target Reefs |
Reef No. on Figure 2 |
Low Case Tonnage (t) |
High Case Tonnage (t) |
Low case Grade Range (g/t Au) |
High Grade Range (g/t Au) |
Low Case Ounces (Oz Au) |
High Case Ounces (Oz Au) |
|
Leven Star |
1 |
420,000 |
590,000 |
4.6 |
5.1 |
60,000 |
100,000 |
|
Missing Link |
2 |
150,000 |
220,000 |
7.5 |
9.8 |
40,000 |
70,000 |
|
Never Despair |
3 |
110,000 |
160,000 |
7.5 |
9.8 |
30,000 |
50,000 |
|
O’Connor’s |
4 |
290,000 |
430,000 |
7.5 |
9.8 |
70,000 |
130,000 |
|
Queens / Egyptian |
5 |
140,000 |
200,000 |
7.5 |
9.8 |
30,000 |
60,000 |
|
Hanover Reef Fault |
6 |
120,000 |
170,000 |
7.5 |
9.8 |
30,000 |
50,000 |
|
Piezzi Reef /Stackyards |
7 |
240,000 |
360,000 |
7.5 |
9.8 |
60,000 |
110,000 |
|
TOTAL |
- |
1,500,000 |
2,100,000 |
6.6 |
8.4 |
320,000 |
570,000 |
| |
|
|
|
|
|
|
|
Clarification statement: An
Exploration Target as defined in the JORC Code (2012) is a
statement or estimate of the exploration potential of a mineral
deposit in a defined geological setting where the statement or
estimate, quoted as a range of tonnes and a range of grade (or
quality), relates to mineralisation for which there has been
insufficient exploration to estimate a Mineral Resource.
Accordingly, these figures are not Mineral Resource or Ore Reserve
estimates as defined in the JORC Code (2012). The potential
quantities and grades referred to above are conceptual in nature
and there has been insufficient exploration to estimate a Mineral
Resource and it is uncertain if further exploration will result in
the estimation of a Mineral Resource. These figures are based on
the interpreted continuity of mineralisation and projection into
unexplored ground often around historical workings. The Exploration
Target has been prepared in accordance with the JORC Code
(2012).
BASIS FOR THE BELLTOPPER EXPLORATION TARGET
Novo applied its geological understanding of the
reef network at Belltopper, drawing upon 3D reconstruction of
historic mining (Figure 4) and exploration data, drilling data,
structural and geochemical data, field mapping (including
high-resolution LiDAR™ interpretation), and surface rock chip
sampling. Tables 3 and 4 summarise key inputs into each reef.
Mineralisation volumes were defined from strike
and dip continuity and potential modern “mineable width”.
Continuity extents and width were based on geological
interpretation and modelling by Novo (see Table 4 and Figure
2).
Figure 4. Example from Novo's 3D Model, showing historical
mine infrastructure, diamond drilling and assay callouts, beneath
LiDAR™
The Leven Star Reef (#1) was based on a 3D
wireframe from drilling6. The volumes were modified by three
factors: (1) geological continuity factor, (2) payability factor;
and (3) mine factor.
The geological continuity
factor allows for potential breaks in local geological
continuity related to faulting or reef pinch-out. Values (all of
which are approximations) averaged 0.85 for the High case and 0.75
for the Low case. A value of 1.0 was applied to the Leven Star Reef
based on drilling information.
The payability factor acts to
report potential “mineable tonnages” at a cut-off grade within the
target zone, which averaged (approximately) 0.33 for the High case
and 0.25 for the Low case. The payability for the Leven Star Reef
was based on the percentage of estimation6 blocks reported at a
nominal underground mining cut-off of 2.7 g/t Au – which was
approximately 0.25.
The mine factor accounts of any
mining that has been undertaken within the target zone. Values
applied range from approximately 0.5 for the Queens/Egyptian Reef
(#5 in Figure 2) to 0.98 for the Leven Star Reef (#1 in Figure
2).
The Exploration Target is located within both
oxide and fresh mineralisation. A weighted bulk density of
approximately 2.65 t/m3 was applied to both the High and Low cases
to define mineralisation tonnages based on drilling information
from the Leven Star Reef. No other bulk density data is available,
and it is assumed that the Leven Star data represents other
reefs.
The High and Low case Target Mineralisation
Tonnages have been calculated using the following (Equation
1):
Strike continuity x dip continuity x mineable
width x geological continuity x payability x mine factor x bulk
density
Where the underlined, factors are different
between the Low and High cases. The other factors were not changed
as the CP/QPs considered that the geological continuity and grade
payability factors provided enough variation in the context of a
conceptual model – the Exploration Target.
Grade was assigned dominantly from historical
data. For the Leven Star Reef, the Low grade was assigned from the
block model6, and for the High case via a 10% upgrade. For the
other reefs a base historical grade of 1 oz/t Au (31 g/t Au) was
used. This grade was based on historical research which indicates
recovered grades of 1-2 oz/t Au (31-62 g/t Au)5. A conservative
value of 31 g/t Au was applied. This grade is likely to reflect
selective mining from narrow 2-3 foot (0.6-0.9 m) wide stopes and a
degree of hand sorting. The reefs were very narrow, averaging about
0.2 m width, varying from 0.1 m to 1 m. Most reefs rarely exceeded
0.6 m, with the mean variation between 0.15 m to 0. 3 m.
The historical reports for the Belltopper area
provide no stope widths. Drive backs (roof) in sub-vertical to
vertical reefs in Central Victoria were typically c. 3-4 feet wide
(0.9-1.2 m), other than for very wide reefs and stockwork zones
(e.g. some in Ballarat, Bendigo, Castlemaine, etc.). Based on
underground observation of Central and Eastern Victorian narrow
(<0.5 m) reefs (e.g. Bendigo; Cassilis, Inglewood, Tarnagulla,
etc.), stopes were typically c. 2-3 feet wide (e.g. 0.6-0.9 m)7.
Hand sorting based on visual properties (e.g., the presence of
visible gold and/or gold indicator minerals) of higher-grade
material within drives and stopes was commonplace, though difficult
to quantify.
The following process has been applied to define
a defendable and likely modern mining grade for the Exploration
Target. For reefs #2-7, grade was assigned via the following
steps:
The Target Mineralised Tonnage (defined via
Equation 1) was domained into Marginal (MG) and High (HG) Grade
zones using a nominal split of 30:70 (Low case) and 40:60 (High
case). The MG mineralisation was assigned grades of 3 g/t Au (Low
case) and 6 g/t Au (High case) respectively. This is based on
research in other Central Victorian goldfields, reflecting the fact
that the Target Mineralised Tonnage will not have a consistent high
grade, but will include lower grade (MG) mineralisation that
historically will have been mined and left as pillars.
HG material will have had some degree of hand
sorting with material stacked in stopes underground. Sorting was
not sophisticated and based on human activity, therefore the effect
on grade may only be a 10-20% upgrade. The historical recovered
grade of 31 g/t Au was factored to allow for some sorting. Values
of 10% (High case) and 20% (Low case) were applied.
Thus with 20% sorting, the back-calculated
“in-situ grade” is 25.4 g/t Au assuming all the reject material has
a grade of 3 g/t Au.
The “in situ grade” is then proportionally
combined with the HG to give the “target zone grade” which is an
estimate of the in-situ grade that the historical miners would have
mined. This however is at the “historical mining width” (HMW), not
a modern mining width. The “in situ grade” needs to be diluted to
approximate what we might mine today. The “target zone grade” has
been diluted to a possible modern mining width of 1.5 m (Mineable
width – see Equation 1) based on HMWs of 0.6 m (Low case) and 0.75
m (High case).
Once these factors are applied to the grade, the
target grade results that is applied to the target mineralised
tonnage to provide the contained ounces (Tables 2 and 5).
Novo believes that should mining be viable at
Belltopper, an underground operation would be the most appropriate
option. Operations could be led by the application of narrow vein
mechanised mining and a selective stoping strategy, potentially
using pre-concentration (e.g. ore sorting and/or gravity or
flotation options) and shipping offsite for processing to minimise
the local surface footprint. The mine access decline could be
placed away from existing infrastructure and dwellings, etc. Any
operation would be supported by good regional infrastructure and
easy access to Melbourne. At this time there has been insufficient
exploration to estimate Mineral Resources and Ore Reserves as
defined in the JORC Code (2012), and any decision to mine would be
based on a feasibility study, including evaluation of all ESG
matters.
The factors and grades used to support the
Exploration Target evaluation, are based on reasonable assumptions
by the CP/QP derived from historical research at Belltopper and
other Victorian Goldfields. Consequently, the conceptual nature of
the Exploration Target is re-emphasised, and the reader is referred
to the “clarification statement” provided previously.
EMERGING & CONCEPTUAL TARGETS
Beyond the Exploration Target detailed above,
Novo is optimistic about the potential of emerging and high
priority mineralised trends such as Butchers Gully and the Welcome
Fault.
The former is identified as a layer parallel
fault to the Leven Star Fault (Figure 2) where recent results from
re-logging and additional sampling of historical core by Novo
returned 2.0 m @ 7.19 g/t Au from 52 m (incl. 1.15 m @
12.01 g/t Au from 52 m) and 2.0 m @ 3.87 g/t Au from 43 m (incl.
1.0 m @ 6.92 g/t Au from 43 m) in MD048.
The Welcome Fault, discovered during Novo’s most
recent diamond drilling program in Q1 2024 returned 4.1 m @
2.37 g/t Au from 36.1 m in hole BTD0029 and is interpreted
to trend parallel to the historically mined Hanover Reef (Figure
2). BTD002 is the only hole drilled into a developing priority
target corridor identified by Novo and associated with a high-tenor
IP chargeability anomaly.
In addition, several historically mined and/or
developed reefs (e.g. #1 O’Connor’s group of reefs, Doctors group
of reefs, Panama Reef, and West Panama Reef) were excluded from the
Exploration Target, primarily based on calculated lower target
ounce potential (<20,000 oz Au), or lower target confidence
resulting from lack of historical mining data or current
exploration data. Potential upside varies across individual reefs,
though most are considered significantly underexplored.
Approximately 30% of the project area is covered
by local younger basalt cover. Of note, some target gold reefs
(e.g. O’Connor’s and Queens Birthday) are projected and
demonstrated to extend beneath this cover. These extensions and
potential additional reef occurrences provide opportunities for
“blind” discoveries under the cover at Belltopper.
Refer to Appendix 3 for a full listing of all
significant historic and recent gold intersections > 2 m.g/t Au
returned on the Belltopper Gold Project to date.
Geology cross section 5880600 mN (Figure 5,
looking north) highlights the Missing Link Granite as modelled by
mapping and drill hole intersections. Several notable high-grade
gold reefs are projected to intersect the Missing Link Granite,
including emerging targets “NW Fault 4,” and “NW Fault 9,” from
surface; and the Exploration Target “Missing Link,” reef at depth
(Figures 2 and 5). These modelled intersections represent
high-priority conceptual targets for fault-controlled
intrusion-hosted mineralisation in damage zones either along the
margins or internal to the Missing Link Granite.
Agnico Eagle’s Fosterville mine lies
approximately 50 km to the north of the Belltopper Project, in
similar Ordovician aged sediments and within the same gold-prolific
Bendigo Tectonic Zone.
The fundamental characteristic of the worldclass
Fosterville gold system responsible for the bonanza grade at the
Swan and Phoenix deposits, include the interaction of steeply west
dipping faults with the Fosterville Anticline in the footwall of
the Fosterville Fault. The Fosterville Fault is a crucial
structural feature that influences mineralisation. It trends NNW,
dips steeply to the west, and is traceable for about 30 km. This
fault, along with other parallel and cross-faults, plays a vital
role in localizing gold mineralization within the deposit. The
fault’s movement and associated deformation have created conditions
favourable for gold deposition, making it an essential part of the
geological story of the Fosterville gold system10.
Figure 5. Geology cross section 5880600mN,
looking north (Refer Figure 2 for cross section location). Depicts
key Exploration Target reefs and emerging gold reefs, in addition
to structural features including the regional Taradale Fault and
important anticline-syncline hinge zones. Conceptual targets for
intrusion hosted mineralisation associated with projected
intersections of key gold reefs with the Missing Link Granite, in
addition to various emerging conceptual targets across anticline
hinge zones are highlighted. Refer above regarding the basis for
the Exploration Target. See also the “clarification statement” in
reference to the Exploration Target above.
Belltopper displays many of the fundamental
characteristics important to the Fosterville gold-system, including
the presence of a controlling regional mineralised structure (the
Taradale Fault); a network of high-grade Au ± Sb reefs with
epizonal characteristics; multiple occurrences of important
gold-bearing west-dipping faults across the project; evidence for
complicated linking and cross-faults; and critically, key regional
fold hinges; including the highest-priority “Belltopper Anticline,”
which hosts a gold-bearing porphyritic felsic intrusion, is
spatially associated with the highest density of historic stoping;
and hosts the strongest multi-element gold and pathfinder
geochemical anomaly on the project. No assurance can be given that
Novo will achieve similar results at Belltopper.
Several modelled and projected structural
intersections between identified gold-bearing west-dipping
structures and mapped anticline corridors provide both shallow and
deeper conceptual targets to test for Fosterville-style,
anticline-related mineralisation at Belltopper. With deeper
conceptual targets also facilitating testing of hitherto-untested
underlying stratigraphy and key mineralised structures at depth.
Figures 5 and 6 highlight evolving shallow and deeper targets
associated with key anticline corridors at Belltopper.
Figure 6. Geology cross section 5880300mN,
looking north (Refer Figure 2 for cross section location). Depicts
key Exploration Target reefs and emerging gold reefs, in addition
to structural features including the regional Taradale Fault and
important anticline-syncline hinge zones. Conceptual targets for
key identified gold-bearing west-dipping faults across several
mapped target anticline corridors (e.g. Fosterville-style targets)
highlighted on this section. Refer above regarding the basis for
the Exploration Target. See also the “clarification statement” in
reference to the Exploration Target above.
FORWARD WORK PROGRAM
Diamond drilling in design and planned for 2025
– 2026 is required to further validate the widths and tenor of gold
mineralisation associated with individual reefs belonging to the
current exploration target. An initial program with a minimum of
two diamond holes per reef will target interpreted enhanced zones
of mineralisation associated with key structural intersections on
high-priority segments of each Exploration Target reef. Pending
success, further drilling will be required to scope out each reef
to the nominal depths as indicated in Table 4.
Concurrently, Novo is developing exploration
programs to build on recent success with emerging reef discoveries,
as well as drilling programs designed to test the higher-priority
conceptual shallow and deeper targets that are continuously
evolving on the project, with a strong focus on exploring for world
class, Fosterville-style, anticline related targets, which are
considered the highest priority targets at Belltopper (Figure
7).
Figure 7. Conceptual geology cross section ca.
5879500mN (looking north) showing known and confirmed west-dipping
structures projected to intersect the highest-priority “Belltopper
Anticline” corridor. Solid lines represent confirmed positions of
key structures via drilling and historic working 3D
reconstructions. Dashed lines represent projected positions.
Shallow intersections of key west-dipping structures (e.g. Big
Reef, Queens Birthday #2, and O’Connor’s No.1 Far West) with the
Belltopper Anticline occur within areas of historic mine stoping on
the O’Connor’s Reef on this section and are considered an important
control on high-grade mineralisation for Exploration Target reefs
such as O’Connor’s. Refer above regarding the basis for the
Exploration Target. See also the “clarification statement” referred
to above.
Authorised for release by the Board of Directors.
CONTACT
|
Investors:Mike Spreadborough +61 8 6400 6100
info@novoresources.com |
North American Queries:Leo Karabelas+1 416 543
3120leo@novoresources.com |
Media:Cameron Gilenko+61 466 984
953cameron.gilenko@sodali.com |
|
|
|
|
QP
STATEMENT
Dr Christopher Doyle (MAIG) and Dr Simon Dominy
(FAusIMM CPGeo; FAIG RPGeo), are the qualified persons, as defined
under National Instrument 43-101 Standards of Disclosure for
Mineral Projects, responsible for, and having reviewed and
approved, the technical information contained in this news release.
Dr Doyle is Novo’s Exploration Manager - Victoria and Dr Dominy is
a Technical Advisor to Novo.
JORC COMPLIANCE
STATEMENT
Belltopper Exploration
Target
The information in this announcement that
relates to the Belltopper Exploration Target is based on
information compiled by Dr Christopher Doyle, a Competent Person
who is a Member of the Australasian Institute of Geoscientists
(MAIG). Dr Doyle is Exploration Manager – Victoria for Novo and is
a full-time employee of Novo. Dr Doyle has sufficient experience
that is relevant to the style of mineralisation and type of deposit
under consideration and to the activity being undertaken 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”. Dr Doyle consents to the inclusion in
this announcement of the matters based on his information in the
form and context in which it appears.
The information in this announcement that
relates to the Belltopper Exploration Target is based on
information compiled by Dr Simon Dominy, a Competent Person who is
a Fellow of both the Australasian Institute of Geoscientists (FAIG
RPGeo) and Australasian Institute of Mining and Metallurgy (FAusIMM
CPGeo). Dr Dominy is a Technical Advisor contracted to Novo. Dr
Dominy has sufficient experience that is relevant to the style of
mineralisation and type of deposit under consideration and to the
activity being undertaken 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”. Dr
Dominy consents to the inclusion in this announcement of the
matters based on his information in the form and context in which
it appears.
Previously reported exploration results
at Belltopper
The information in this announcement that
relates to previously reported exploration results at Belltopper is
extracted from Novo's ASX announcements titled Significant Results
from Diamond Drilling at Belltopper, Victoria released to ASX on 5
June 2024 and Significant Results from Historical Drill Hole Infill
Assay Program at Belltopper released to ASX on 22 August 2024,
which are available to view at www.asx.com.au. The Company confirms
that it is not aware of any new information that materially affects
the information included in the original market announcements and
that all material assumptions and technical parameters underpinning
the estimates in the market announcements continue to apply and
have not materially changed.
New exploration results at
Belltopper
The information in this announcement that
relates to new exploration results at Belltopper is based on
information compiled by Dr. Christopher Doyle, who is a Member of
the Australasian Institute of Geoscientists (MAIG). Dr Doyle is
Exploration Manager – Victoria for Novo and is a full-time employee
of Novo. Dr Doyle has sufficient experience that is relevant to the
style of mineralisation and type of deposit under consideration and
to the activity being undertaken 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”. Dr Doyle consents to the inclusion in this announcement
of the matters based on his information in the form and context in
which it appears.
FORWARD-LOOKING
STATEMENTS
Some statements in this news release may contain
“forward-looking statements” within the meaning of Canadian and
Australian securities law and regulations. In this news release,
such statements include but are not limited to planned exploration
activities and the timing of such. These statements address future
events and conditions and, as such, involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance, or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the statements. Such factors include, without
limitation, customary risks of the resource industry and the risk
factors identified in Novo’s annual information form for the year
ended December 31, 2023 (which is available under Novo’s profile on
SEDAR+ at www.sedarplus.ca and at www.asx.com.au in the Company’s
prospectus dated 2 August 2023 which is available at
www.asx.com.au. Forward-looking statements speak only as of the
date those statements are made. Except as required by applicable
law, Novo assumes no obligation to update or to publicly announce
the results of any change to any forward-looking statement
contained or incorporated by reference herein to reflect actual
results, future events or developments, changes in assumptions or
changes in other factors affecting the forward-looking statements.
If Novo updates any forward-looking statement(s), no inference
should be drawn that the Company will make additional updates with
respect to those or other forward-looking statements.
_______________
1 See the following for source documents in
relation to the historical gold production figures for Bendigo,
Fosterville, Costerfield, Castlemaine and Ballarat. Wilson, C. J.
L., Moore, D. H., Vollgger, S. A., & Madeley, H. E. (2020).
Structural evolution of the orogenic gold deposits in central
Victoria, Australia: The role of regional stress change and the
tectonic regime. Ore Geology Reviews, 120, 103390. Phillips, G. N.,
& Hughes, M. J. (1996). The geology and gold deposits of the
Victorian gold province. Ore Geology Reviews, 11(5), 255-302.
Costerfield Operation, Victoria, Australia, NI 43-101 Technical
Report, March 2024; Agnico Eagle Mines Detailed Mineral Reserve and
Mineral Resources Statement (as at December 31, 2023). Agnico Eagle
Mines Limited. Fosterville Gold Mine. Retrieved August 21, 2024,
from Agnico Eagle Website. For Comet and Sunday Creek exploration
results, refer: Great Pacific Gold Company TSXV release dated 11
January 2024, and Southern Cross Gold Company ASX release dated 5
March 2024, respectively. Production figures for Bendigo,
Castlemaine and Ballarat include combined alluvial and hard rock
production. Gold endowment for Fosterville include historic
production + reserves + resources as at 31/12/2023. Gold endowment
for Costerfield equals historic production + resource (including
reserves) as at 28/03/2024. Novo has not conducted data
verification (as that term is defined in National Instrument 43-101
Standards of Disclosure for Mineral Projects and JORC 2012) in
respect of the data set out in Figure 1 and therefore is not to be
regarded as reporting, adopting or endorsing those results/figures.
No assurance can be given that Novo will achieve similar results at
Belltopper.2 Historically recovered grades and production metrics
(tonnes, grades and ounces) were collated from research completed
on historic data reported in various newspapers including the
Kyneton Observer, Kyneton Guardian, The Age (Melbourne Newspaper)
and The Argus (Melbourne Newspaper). These 19th Century newspaper
reports are accessible via the TROVE website maintained by the
National Library of Australia. In addition, publications of the
Geological Survey of Victoria (GSV) and the Mines Department were
accessed. Mine plans and sections were also accessed through
government archives. Novo has not conducted data verification (as
that term is defined in National Instrument 43-101 Standards of
Disclosure for Mineral Projects and JORC 2012) in respect of this
data and therefore is not to be regarded as reporting, adopting or
endorsing those results/figures. No assurance can be given that
Novo will achieve similar results at Belltopper.3 Refer to the
Company’s news release dated 18 November 2022 and the Company’s ASX
announcement dated 21 August 2024 that was released to ASX on 22
August 2024. Certain results at Belltopper were obtained (and
reported in accordance with Canadian continuous disclosure
requirements) prior to the Company’s listing on ASX in September
2023 and are now reported to ASX in accordance with the JORC Code
2012 for the first time.4 Reported as metal accumulation, which is
the product of width (m) and grade (g/t Au) with the units of m.g/t
Au.5 Refer to the Company’s news release dated 10 May 2022 and the
Company’s ASX announcement dated 4 June 2024 that was released to
ASX on 5 June 2024. Certain results at Belltopper were obtained
(and reported in accordance with Canadian continuous disclosure
requirements) prior to the Company’s listing on ASX in September
2023 and are now reported to ASX in accordance with the JORC Code
2012 for the first time.6 For the Leven Star Reef an in-house block
model has been produced. This has not been classified or reported
as a Mineral Resource. It has been used to inform the Exploration
Target.7 Underground observations based on work by Dr Simon Dominy
from 1998 to the present time across the Victorian Goldfields.
Supporting reference - Dominy, S.C., Platten, I.M., Edgar, W.B.,
Cuffley, B.W. and Towsey, C.J. 2009. Application of mine records to
reduce project risk during the evaluation of historical goldfields:
in Proceedings of the Project Evaluation Conference 2009, The
Australasian Institute of Mining and Metallurgy, pp. 145-161.8
Refer to the Company’s news release dated 21 August 2024 that was
released to ASX on 22 August 2024.9 Refer to the Company’s news
release dated 4 June 2024 that was released to ASX on 5 June
2024.10 Sources pertaining to information on the Fosterville
mineralisation include the freely accessible PorterGeo Fosterville
Database available at https://portergeo.com.au and various
references cited within; including: Hitchman, S.P., Phillips, N.J.
and Greenberger, O.J., 2017 - Fosterville gold deposit: in
Phillips, G.N., (Ed.), 2017 Australian Ore Deposits, The
Australasian Institute of Mining and Metallurgy, Mono 32, pp.
791-796; and Fuller, T. and Hann, I., 2019 - Fosterville Gold Mine,
in the State of Victoria, Australia; a NI 43-101 Technical Report
prepared for Kirkland Lake Gold Ltd., 256p. Novo has not conducted
data verification (as that term is defined in National Instrument
43-101 Standards of Disclosure for Mineral Projects and JORC 2012)
in respect of this data and therefore is not to be regarded as
reporting, adopting or endorsing those results/figures. No
assurance can be given that Novo will achieve similar results at
Belltopper.
ABOUT NOVO
Novo is an Australian based gold explorer listed
on the ASX and the TSX focused on discovering standalone gold
projects with > 1 Moz development potential. Novo is an
innovative gold explorer with a significant land package covering
approximately 6,700 square kilometres in the Pilbara region of
Western Australia, along with the 22 square kilometre Belltopper
project in the Bendigo Tectonic Zone of Victoria, Australia.
Novo’s key project area is the Egina Gold Camp,
where De Grey Mining is farming-in to form a JV at the Becher
Project and surrounding tenements through exploration expenditure
of A$25 million within 4 years for a 50% interest. The Becher
Project has similar geological characteristics to De Grey’s 12.7
Moz Hemi Project1. Novo is also advancing gold exploration at
Nunyerry North, part of the Croyden JV (Novo 70%: Creasy Group
30%), where 2023 exploration drilling identified significant gold
mineralisation. Novo continues to undertake early-stage exploration
across its Pilbara tenement portfolio.
Novo has also formed lithium joint ventures with
both Liatam and SQM in the Pilbara which provides shareholder
exposure to battery metals.
Novo has a significant investment portfolio and
a disciplined program in place to identify value accretive
opportunities that will build further value for shareholders.
Please refer to Novo’s website for further
information including the latest Corporate Presentation.
Refer to De Grey ASX Announcement, Hemi Gold Project Resource
Update, dated 21 November 2023. No assurance can be given that a
similar (or any) commercially viable mineral deposit will be
determined at Novo’s Becher Project.
APPENDIX 1: BELLTOPPER DRILL
COLLARS
|
Hole ID |
Hole Type |
Depth(m) |
Easting |
Northing |
RL AHD (m) |
Collar Dip (°) |
Collar Azimuth (MGA94 55) (°) |
Collar Azimuth (Mag) (°) |
Company |
Date completed |
|
BTD001 |
DD |
323.7 |
263866.02 |
5880369.85 |
524.18 |
-66 |
128.484 |
118.984 |
NOVO |
28-Nov-23 |
|
BTD002 |
DD |
594 |
263701.31 |
5881202.77 |
457.18 |
-60 |
145.117 |
135.617 |
NOVO |
21-Dec-23 |
|
BTD003 |
DD |
389.7 |
264162.29 |
5880827.97 |
489.97 |
-51.05 |
135.07 |
125.57 |
NOVO |
18-Jan-24 |
|
BTD004 |
DD |
521 |
263530.06 |
5880820.71 |
471.69 |
-45 |
90.23 |
80.73 |
NOVO |
08-Feb-24 |
|
BTD005 |
DD |
299.9 |
263394.65 |
5880825.96 |
471.94 |
-50 |
90.495 |
80.995 |
NOVO |
19-Feb-24 |
|
BTD006 |
DD |
400.6 |
263263.53 |
5880606.13 |
470.22 |
-37.88 |
144.53 |
135.03 |
NOVO |
08-Jan-87 |
|
MD01 |
DD |
352.2 |
263787.47 |
5880326.69 |
526.36 |
-57 |
144.5 |
135 |
GBM |
20-Dec-07 |
|
MD02 |
DD |
262 |
263787.42 |
5880326.77 |
526.39 |
-50 |
144.5 |
135 |
GBM |
10-Jan-08 |
|
MD03 |
DD |
478.5 |
263787.36 |
5880326.85 |
526.39 |
-65 |
144.5 |
135 |
GBM |
01-Nov-08 |
|
MD04 |
DD |
255 |
263788.00 |
5880328.62 |
526.37 |
-51.5 |
124.5 |
115 |
GBM |
26-Jan-08 |
|
MD05 |
DD |
266.9 |
263785.35 |
5880325.81 |
526.34 |
-50 |
166.5 |
157 |
GBM |
08-Feb-08 |
|
MD06A |
DD |
426.8 |
263785.10 |
5880326.89 |
526.36 |
-66 |
165.5 |
156 |
GBM |
24-Feb-08 |
|
MD07 |
DD |
249 |
263783.43 |
5880326.00 |
526.32 |
-55.5 |
239.5 |
230 |
GBM |
03-Mar-08 |
|
MD08 |
DD |
241.2 |
263575.14 |
5880074.01 |
434.02 |
-54.9 |
134.7 |
125.2 |
GBM |
09-Apr-08 |
|
MD08A |
DD |
450.3 |
263574.36 |
5880074.15 |
434.05 |
-55.5 |
134.5 |
125 |
GBM |
02-May-08 |
|
MD09 |
DD |
259.8 |
263573.87 |
5880074.24 |
434.07 |
-65.9 |
134.5 |
125 |
GBM |
12-May-08 |
|
MD10 |
DD |
191.3 |
263680.28 |
5878848.91 |
475.87 |
-60 |
254.5 |
245 |
GBM |
25-May-08 |
|
MD11 |
DD |
261 |
263680.66 |
5878849.04 |
475.87 |
-70 |
259.3 |
249.8 |
GBM |
05-Jun-08 |
|
MD12 |
DD |
999.8 |
263587.00 |
5880641.00 |
471.52 |
-85.5 |
279.5 |
270 |
GBM |
17-Mar-10 |
|
MD13 |
DD |
112.4 |
263795.58 |
5880084.40 |
457.50 |
-30 |
315 |
305.5 |
GBM |
23-Dec-21 |
|
MD14 |
DD |
365.5 |
263797.55 |
5880078.04 |
456.24 |
-50 |
270 |
260.5 |
GBM |
24-Jan-22 |
|
MD15 |
DD |
131.2 |
263853.37 |
5880118.38 |
452.71 |
-50 |
315 |
305.5 |
GBM |
03-Feb-22 |
|
MD16 |
DD |
204 |
263921.11 |
5880337.81 |
518.16 |
-73 |
135 |
125.5 |
GBM |
15-Feb-22 |
|
MD17 |
DD |
380 |
263849.25 |
5880561.10 |
523.92 |
-50 |
265 |
255.5 |
GBM |
09-Mar-22 |
|
MD18 |
DD |
320 |
263569.06 |
5880639.13 |
470.11 |
-50 |
260 |
250.5 |
GBM |
29-Mar-22 |
|
MD18A |
DD |
35 |
263569.46 |
5880639.23 |
470.13 |
-50 |
260 |
250.5 |
GBM |
30-Mar-22 |
|
MD19 |
DD |
553.9 |
263831.60 |
5879274.76 |
472.01 |
-50 |
260 |
250.5 |
GBM |
03-May-22 |
|
MD20 |
DD |
551.4 |
263828.50 |
5878871.91 |
477.38 |
-58 |
260 |
250.5 |
GBM |
07-Jun-22 |
|
MD21 |
DD |
255.5 |
263959.98 |
5880254.29 |
481.10 |
-68.4 |
318.6 |
309.1 |
GBM |
27-Jun-22 |
|
MD22 |
DD |
252.8 |
263587.28 |
5880638.16 |
471.78 |
-45.9 |
93.9 |
84.4 |
GBM |
10-Jul-22 |
|
LSRC1 |
RC |
87 |
264059.03 |
5880480.22 |
492.41 |
-60 |
135.5 |
126 |
Eureka |
20-Aug-94 |
|
LSRC2 |
RC |
111 |
264004.09 |
5880453.50 |
495.34 |
-55 |
135.5 |
126 |
Eureka |
22-Aug-94 |
|
LSRC3 |
RC |
111 |
263987.44 |
5880430.88 |
498.14 |
-55 |
135.5 |
126 |
Eureka |
26-Aug-94 |
|
LSRC4 |
RC |
110 |
263977.25 |
5880409.48 |
501.61 |
-55 |
135.5 |
126 |
Eureka |
27-Aug-94 |
|
LSRC5 |
RC |
110 |
263960.40 |
5880390.00 |
507.44 |
-55 |
135.5 |
126 |
Eureka |
28-Aug-94 |
|
LSRC6 |
RC |
70 |
263993.79 |
5880335.47 |
496.58 |
-56 |
315.5 |
306 |
Eureka |
29-Aug-94 |
|
LSRC7 |
RC |
105 |
263989.42 |
5880302.66 |
491.44 |
-55 |
315.5 |
306 |
Eureka |
29-Aug-94 |
|
LSRC8 |
RC |
112 |
263960.64 |
5880254.82 |
481.32 |
-55 |
315.5 |
306 |
Eureka |
30-Aug-94 |
|
LSRC9 |
RC |
73 |
263888.69 |
5880235.61 |
474.55 |
-60 |
315.5 |
306 |
Eureka |
01-Sep-94 |
|
LSRC10 |
RC |
112 |
263860.81 |
5880200.34 |
469.75 |
-55 |
315.5 |
306 |
Eureka |
04-Sep-94 |
|
LSRC11 |
RC |
96 |
263857.09 |
5880170.10 |
463.53 |
-55 |
315.5 |
306 |
Eureka |
05-Sep-94 |
|
LSRC12 |
RC |
82 |
263852.64 |
5880119.70 |
452.86 |
-50 |
315.5 |
306 |
Eureka |
07-Sep-94 |
|
LSRC13 |
RC |
118 |
263828.12 |
5880095.91 |
454.24 |
-50 |
315.5 |
306 |
Eureka |
08-Sep-94 |
|
LSRC14 |
RC |
100 |
263798.14 |
5880084.18 |
456.59 |
-50 |
315.5 |
306 |
Eureka |
09-Sep-94 |
|
LSRC15 |
RC |
100 |
263926.07 |
5880344.94 |
517.80 |
-50 |
135.5 |
126 |
Eureka |
11-Sep-94 |
|
LSRC16/D14 |
RC/DD |
101.1 |
263908.39 |
5880335.61 |
518.96 |
-60 |
135.5 |
126 |
Eureka |
23-Sep-94 |
|
LSRC17/D15 |
RC/DD |
84 |
263909.51 |
5880334.60 |
518.75 |
-50 |
135.5 |
126 |
Eureka |
03-Oct-94 |
|
HMDDH1 |
DD |
180.7 |
263933.48 |
5880659.32 |
512.75 |
-50 |
279.5 |
270 |
Pittson |
16-Dec-91 |
|
HMDDH2 |
DD |
70 |
263872.24 |
5880377.30 |
523.19 |
-50 |
99.5 |
90 |
Pittson |
22-Dec-91 |
|
HMDDH3 |
DD |
176.5 |
263853.66 |
5880488.54 |
526.55 |
-50 |
279.5 |
270 |
Pittson |
31-Dec-91 |
|
LSDDH1 |
DD |
100.6 |
263942.09 |
5880228.14 |
474.18 |
-50 |
311.5 |
302 |
Pittson |
01-May-90 |
|
LSDDH2 |
DD |
162.4 |
263942.09 |
5880228.14 |
474.18 |
-65 |
311.5 |
302 |
Pittson |
09-May-90 |
|
LSDDH3 |
DD |
110.4 |
263894.70 |
5880179.43 |
450.94 |
-50 |
311.5 |
302 |
Pittson |
13-May-90 |
|
LSDDH4 |
DD |
49.5 |
263989.89 |
5880343.02 |
500.13 |
-55 |
311.5 |
302 |
Pittson |
15-May-90 |
|
LSDDH5 |
DD |
140.7 |
264045.76 |
5880359.72 |
473.23 |
-65 |
311.5 |
302 |
Pittson |
18-May-90 |
|
LSDDH6 |
DD |
60.5 |
264073.00 |
5880423.93 |
476.30 |
-55 |
311.5 |
302 |
Pittson |
19-May-90 |
|
LSDDH7 |
DD |
333 |
263977.71 |
5880144.28 |
431.21 |
-60 |
311.5 |
302 |
Pittson |
03-May-91 |
|
LSDDH8 |
DD |
199 |
263799.51 |
5880084.94 |
457.06 |
-62 |
311.5 |
302 |
Pittson |
12-May-91 |
|
LSDDH9 |
DD |
201 |
263894.14 |
5880430.78 |
517.00 |
-50 |
141.5 |
132 |
Pittson |
18-May-91 |
|
LSDDH10 |
DD |
98.5 |
264192.32 |
5880515.60 |
501.26 |
-55 |
310.5 |
301 |
Pittson |
23-May-91 |
|
LSDDH11 |
DD |
9 |
264114.83 |
5880499.34 |
496.16 |
-52.5 |
303.5 |
294 |
Pittson |
23-May-91 |
|
LSDDH12 |
DD |
106.2 |
264319.66 |
5880637.86 |
487.26 |
-55 |
319.5 |
310 |
Pittson |
28-May-91 |
|
LSDDH13 |
DD |
247.8 |
264007.53 |
5880606.35 |
499.33 |
-50 |
131.5 |
122 |
Pittson |
08-Jun-91 |
|
DDHMA1 |
DD |
298.6 |
263526.83 |
5880314.86 |
431.11 |
-45 |
74.5 |
65 |
Molopo |
18-Jan-87 |
|
DDHMA2 |
DD |
182.3 |
263489.40 |
5880328.73 |
433.31 |
-45 |
74.5 |
65 |
Molopo |
28-Jan-87 |
|
DDHMA3 |
DD |
260.65 |
263688.97 |
5880516.92 |
499.41 |
-53 |
244.5 |
235 |
Molopo |
11-Feb-87 |
|
|
|
|
|
|
|
|
|
|
|
|
All drill collars are reported in MGA94 Zone 55.
All collars are located within Retention Licence RL006587
APPENDIX 2: BELLTOPPER DRILL COLLAR
MAP
APPENDIX 3: BELLTOPPER SIGNIFICANT
INTERSECTIONS
Standard Intercepts calculated with 0.3 g/t Au
cut-off and 2 m internal dilution. High grade included intercepts
calculated with 1.0 g/t Au and no internal dilution.
Broad granite intrusive intersections in MD17,
MD22 and DDHMA3 were calculated using a 0.1 g/t Au cut-off
grade and no more than 5 m internal dilution. Intersections
are identified with “*Granite” in the below table.
^ All width and intercepts are expressed as
metres downhole rather than true width. Calculated as length
weighted averages.
^^ Au g/t multiplied by metres (m.g/t Au)
Logged core loss treated as 0 g/t Au grade in
all calculations. The gold assay of a primary sample from a
duplicate pair will be used in all calculations. Any isolated gold
intersections separated by internal dilution must independently be
above the average cut-off grade when including the grades of the
internal dilution.
Significant intersections > 2 m.g/t
Au with high grade includes > 5 m.g/t Au
|
Drill Hole |
Including |
From (m) |
To (m) |
Interval (m) ^ |
Au (g/t) |
Au m.g/t ^^ |
Intersection |
|
BTD001 |
|
219.80 |
225.40 |
5.60 |
3.14 |
17.6 |
5.60 m @ 3.14 g/t Au from 219.8 m |
|
BTD001 |
inc. |
222.36 |
225.40 |
3.04 |
4.97 |
15.1 |
3.04 m @ 4.97 g/t Au from 222.36 m |
|
BTD001 |
|
230.00 |
231.94 |
1.94 |
2.37 |
4.6 |
1.94 m @ 2.37 g/t Au from 230 m |
|
BTD001 |
|
241.30 |
244.30 |
3.00 |
1.16 |
3.5 |
3.00 m @ 1.16 g/t Au from 241.3 m |
|
BTD001 |
|
274.75 |
279.00 |
4.25 |
5.88 |
25.0 |
4.25 m @ 5.88 g/t Au from 274.75 m |
|
BTD001 |
inc. |
277.00 |
279.00 |
2.00 |
11.15 |
22.3 |
2.00 m @ 11.15 g/t Au from 277 m |
|
BTD002 |
|
36.10 |
40.20 |
4.10 |
2.37 |
9.7 |
4.10 m @ 2.37 g/t Au from 36.1 m |
|
BTD002 |
|
216.00 |
235.15 |
19.15 |
0.68 |
13.0 |
19.15 m @ 0.68 g/t Au from 216 m |
|
BTD003 |
|
168.40 |
177.60 |
9.20 |
0.67 |
6.2 |
9.20 m @ 0.67 g/t Au from 168.4 m |
|
BTD003 |
|
192.45 |
196.45 |
4.00 |
0.50 |
2.0 |
4.00 m @ 0.50 g/t Au from 192.45 m |
|
BTD003 |
|
318.41 |
321.41 |
3.00 |
1.00 |
3.0 |
3.00 m @ 1.00 g/t Au from 318.41 m |
|
BTD004 |
|
9.00 |
11.00 |
2.00 |
15.18 |
30.4 |
2.00 m @ 15.18 g/t Au from 9 m |
|
BTD004 |
|
90.58 |
92.00 |
1.42 |
1.61 |
2.3 |
1.42 m @ 1.61 g/t Au from 90.58 m |
|
BTD004 |
|
136.87 |
138.67 |
1.80 |
1.29 |
2.3 |
1.80 m @ 1.29 g/t Au from 136.87 m |
|
BTD005 |
|
1.10 |
5.90 |
4.80 |
0.78 |
3.8 |
4.80 m @ 0.78 g/t Au from 1.1 m |
|
BTD005 |
|
145.33 |
147.20 |
1.87 |
1.17 |
2.2 |
1.87 m @ 1.17 g/t Au from 145.33 m |
|
BTD005 |
|
164.11 |
167.28 |
3.17 |
1.07 |
3.4 |
3.17 m @ 1.07 g/t Au from 164.11 m |
|
BTD005 |
|
185.00 |
197.26 |
12.26 |
1.45 |
17.7 |
12.26 m @ 1.45 g/t Au from 185 m |
|
BTD005 |
inc. |
185.00 |
189.60 |
4.60 |
2.64 |
12.1 |
4.60 m @ 2.64 g/t Au from 185 m |
|
BTD005 |
|
290.90 |
297.70 |
6.80 |
0.98 |
6.7 |
6.80 m @ 0.98 g/t Au from 290.9 m |
|
BTD006 |
|
163.38 |
165.06 |
1.68 |
2.18 |
3.7 |
1.68 m @ 2.18 g/t Au from 163.38 m |
|
BTD006 |
|
179.00 |
186.00 |
7.00 |
1.88 |
13.1 |
7.00 m @ 1.88 g/t Au from 179 m |
|
BTD006 |
inc. |
182.81 |
186.00 |
3.19 |
3.42 |
10.9 |
3.19 m @ 3.42 g/t Au from 182.81 m |
|
BTD006 |
|
296.42 |
298.18 |
1.76 |
1.17 |
2.1 |
1.76 m @ 1.17 g/t Au from 296.42 m |
|
MD01 |
|
29.00 |
35.00 |
6.00 |
0.49 |
3.0 |
6.00 m @ 0.49 g/t Au from 29 m |
|
MD01 |
|
93.50 |
95.40 |
1.90 |
2.21 |
4.2 |
1.90 m @ 2.21 g/t Au from 93.5 m |
|
MD01 |
|
262.00 |
267.95 |
5.95 |
6.48 |
38.6 |
5.95 m @ 6.48 g/t Au from 262 m |
|
MD01 |
inc. |
263.00 |
266.91 |
3.91 |
9.52 |
37.2 |
3.91 m @ 9.52 g/t Au from 263 m |
|
MD01 |
|
330.60 |
333.00 |
2.40 |
0.90 |
2.2 |
2.40 m @ 0.90 g/t Au from 330.6 m |
|
MD02 |
|
190.00 |
191.00 |
1.00 |
2.49 |
2.5 |
1.00 m @ 2.49 g/t Au from 190 m |
|
MD03 |
|
14.00 |
19.00 |
5.00 |
0.55 |
2.7 |
5.00 m @ 0.55 g/t Au from 14 m |
|
MD03 |
|
45.00 |
47.00 |
2.00 |
1.80 |
3.6 |
2.00 m @ 1.80 g/t Au from 45 m |
|
MD03 |
|
202.50 |
207.00 |
4.50 |
0.86 |
3.9 |
4.50 m @ 0.86 g/t Au from 202.5 m |
|
MD03 |
|
450.00 |
455.00 |
5.00 |
0.59 |
3.0 |
5.00 m @ 0.59 g/t Au from 450 m |
|
MD04 |
|
43.00 |
45.00 |
2.00 |
3.87 |
7.7 |
2.00 m @ 3.87 g/t Au from 43 m |
|
MD04 |
inc. |
43.00 |
44.00 |
1.00 |
6.92 |
6.9 |
1.00 m @ 6.92 g/t Au from 43 m |
|
MD04 |
|
52.00 |
54.00 |
2.00 |
7.19 |
14.4 |
2.00 m @ 7.19 g/t Au from 52 m |
|
MD04 |
inc. |
52.00 |
53.15 |
1.15 |
12.01 |
13.8 |
1.15 m @ 12.01 g/t Au from 52 m |
|
MD04 |
|
206.50 |
209.00 |
2.50 |
1.01 |
2.5 |
2.50 m @ 1.01 g/t Au from 206.5 m |
|
MD05 |
|
217.00 |
218.00 |
1.00 |
3.65 |
3.7 |
1.00 m @ 3.65 g/t Au from 217 m |
|
MD06A |
|
36.00 |
39.10 |
3.10 |
3.29 |
10.2 |
3.10 m @ 3.29 g/t Au from 36 m |
|
MD06A |
inc. |
37.30 |
38.60 |
1.30 |
7.26 |
9.4 |
1.30 m @ 7.26 g/t Au from 37.3 m |
|
MD06A |
|
420.00 |
425.50 |
5.50 |
0.70 |
3.9 |
5.50 m @ 0.70 g/t Au from 420 m |
|
MD07 |
|
25.00 |
30.00 |
5.00 |
0.69 |
3.4 |
5.00 m @ 0.69 g/t Au from 25 m |
|
MD07 |
|
78.90 |
81.00 |
2.10 |
3.82 |
8.0 |
2.10 m @ 3.82 g/t Au from 78.9 m |
|
MD07 |
inc. |
79.30 |
79.90 |
0.60 |
9.74 |
5.8 |
0.60 m @ 9.74 g/t Au from 79.3 m |
|
MD07 |
|
154.00 |
155.60 |
1.60 |
1.22 |
2.0 |
1.60 m @ 1.22 g/t Au from 154 m |
|
MD07 |
|
238.00 |
241.50 |
3.50 |
0.69 |
2.4 |
3.50 m @ 0.69 g/t Au from 238 m |
|
MD08A |
|
123.00 |
125.00 |
2.00 |
1.60 |
3.2 |
2.00 m @ 1.60 g/t Au from 123 m |
|
MD08A |
|
266.20 |
270.60 |
4.40 |
1.18 |
5.2 |
4.40 m @ 1.18 g/t Au from 266.2 m |
|
MD08A |
|
352.00 |
358.00 |
6.00 |
1.58 |
9.5 |
6.00 m @ 1.58 g/t Au from 352 m |
|
MD08A |
inc. |
354.00 |
358.00 |
4.00 |
1.80 |
7.2 |
4.00 m @ 1.80 g/t Au from 354 m |
|
MD08A |
|
364.00 |
365.00 |
1.00 |
1.95 |
2.0 |
1.00 m @ 1.95 g/t Au from 364 m |
|
MD08A |
|
373.40 |
376.00 |
2.60 |
0.93 |
2.4 |
2.60 m @ 0.93 g/t Au from 373.4 m |
|
MD11 |
|
240.00 |
244.30 |
4.30 |
1.49 |
6.4 |
4.30 m @ 1.49 g/t Au from 240 m |
|
MD11 |
inc. |
241.60 |
243.70 |
2.10 |
2.53 |
5.3 |
2.10 m @ 2.53 g/t Au from 241.6 m |
|
MD12 |
|
104.30 |
105.80 |
1.50 |
1.41 |
2.1 |
1.50 m @ 1.41 g/t Au from 104.3 m |
|
MD12 |
|
221.00 |
230.00 |
9.00 |
0.55 |
4.9 |
9.00 m @ 0.55 g/t Au from 221 m |
|
MD12 |
|
362.50 |
365.30 |
2.80 |
0.90 |
2.5 |
2.80 m @ 0.90 g/t Au from 362.5 m |
|
MD12 |
|
712.10 |
717.00 |
4.90 |
1.34 |
6.6 |
4.90 m @ 1.34 g/t Au from 712.1 m |
|
MD12 |
|
948.30 |
951.20 |
2.90 |
1.51 |
4.4 |
2.90 m @ 1.51 g/t Au from 948.3 m |
|
MD13 |
|
32.20 |
40.00 |
7.80 |
3.58 |
27.9 |
7.80 m @ 3.58 g/t Au from 32.2 m |
|
MD13 |
inc. |
34.15 |
36.00 |
1.85 |
12.45 |
23.0 |
1.85 m @ 12.45 g/t Au from 34.15 m |
|
MD13 |
|
62.80 |
63.30 |
0.50 |
4.90 |
2.5 |
0.50 m @ 4.90 g/t Au from 62.8 m |
|
MD13 |
|
70.80 |
75.40 |
4.60 |
0.65 |
3.0 |
4.60 m @ 0.65 g/t Au from 70.8 m |
|
MD13 |
|
80.00 |
84.00 |
4.00 |
2.87 |
11.5 |
4.00 m @ 2.87 g/t Au from 80 m |
|
MD13 |
inc. |
81.20 |
81.60 |
0.40 |
24.40 |
9.8 |
0.40 m @ 24.40 g/t Au from 81.2 m |
|
MD14 |
|
41.80 |
43.50 |
1.70 |
1.74 |
3.0 |
1.70 m @ 1.74 g/t Au from 41.8 m |
|
MD14 |
|
65.40 |
74.45 |
9.05 |
2.36 |
21.3 |
9.05 m @ 2.36 g/t Au from 65.4 m |
|
MD14 |
inc. |
70.40 |
72.90 |
2.50 |
5.86 |
14.7 |
2.50 m @ 5.86 g/t Au from 70.4 m |
|
MD14 |
|
168.50 |
177.20 |
8.70 |
0.49 |
4.3 |
8.70 m @ 0.49 g/t Au from 168.5 m |
|
MD15 |
|
87.00 |
94.75 |
7.75 |
2.83 |
21.9 |
7.75 m @ 2.83 g/t Au from 87 m |
|
MD15 |
inc. |
89.90 |
91.00 |
1.10 |
7.38 |
8.1 |
1.10 m @ 7.38 g/t Au from 89.9 m |
|
MD15 |
inc. |
92.00 |
94.15 |
2.15 |
5.33 |
11.5 |
2.15 m @ 5.33 g/t Au from 92 m |
|
MD15 |
|
104.00 |
109.00 |
5.00 |
0.58 |
2.9 |
5.00 m @ 0.58 g/t Au from 104 m |
|
MD15 |
|
120.00 |
122.00 |
2.00 |
1.01 |
2.0 |
2.00 m @ 1.01 g/t Au from 120 m |
|
MD16 |
|
6.00 |
9.50 |
3.50 |
0.70 |
2.5 |
3.50 m @ 0.70 g/t Au from 6 m |
|
MD16 |
|
73.00 |
79.80 |
6.80 |
2.51 |
17.1 |
6.80 m @ 2.51 g/t Au from 73 m |
|
MD16 |
inc. |
73.60 |
74.90 |
1.30 |
5.60 |
7.3 |
1.30 m @ 5.60 g/t Au from 73.6 m |
|
MD16 |
inc. |
75.70 |
76.60 |
0.90 |
8.69 |
7.8 |
0.90 m @ 8.69 g/t Au from 75.7 m |
|
MD16 |
|
82.80 |
96.00 |
13.20 |
0.52 |
6.9 |
13.20 m @ 0.52 g/t Au from 82.8 m |
|
MD16 |
|
120.00 |
134.00 |
14.00 |
6.15 |
86.0 |
14.00 m @ 6.15 g/t Au from 120 m |
|
MD16 |
inc. |
121.90 |
129.50 |
7.60 |
6.66 |
50.6 |
7.60 m @ 6.66 g/t Au from 121.9 m |
|
MD16 |
inc. |
131.00 |
134.00 |
3.00 |
11.06 |
33.2 |
3.00 m @ 11.06 g/t Au from 131 m |
|
MD16 |
|
137.60 |
140.60 |
3.00 |
5.28 |
15.9 |
3.00 m @ 5.28 g/t Au from 137.6 m |
|
MD16 |
|
173.00 |
183.00 |
10.00 |
4.91 |
49.1 |
10.00 m @ 4.91 g/t Au from 173 m |
|
MD16 |
inc. |
175.00 |
182.00 |
7.00 |
6.76 |
47.3 |
7.00 m @ 6.76 g/t Au from 175 m |
|
MD16 |
|
188.00 |
192.00 |
4.00 |
8.65 |
34.6 |
4.00 m @ 8.65 g/t Au from 188 m |
|
MD16 |
|
196.50 |
198.00 |
1.50 |
2.99 |
4.5 |
1.50 m @ 2.99 g/t Au from 196.5 m |
|
MD17 |
|
102.65 |
103.60 |
0.95 |
10.01 |
9.5 |
0.95 m @ 10.01 g/t Au from 102.65 m |
|
MD17 |
inc. |
102.65 |
103.40 |
0.75 |
12.50 |
9.4 |
0.75 m @ 12.50 g/t Au from 102.65 m |
|
MD17 |
|
168.20 |
168.40 |
0.20 |
12.90 |
2.6 |
0.20 m @ 12.90 g/t Au from 168.2 m |
|
MD17 *Granite |
|
197.00 |
276.85 |
79.85 |
0.26 |
20.9 |
79.85 m @ 0.26 g/t Au from 197 m |
|
MD18 |
|
24.00 |
28.90 |
4.90 |
0.78 |
3.8 |
4.90 m @ 0.78 g/t Au from 24 m |
|
MD18A |
|
25.45 |
30.10 |
4.65 |
0.73 |
3.4 |
4.65 m @ 0.73 g/t Au from 25.45 m |
|
MD19 |
|
176.80 |
178.10 |
1.30 |
1.66 |
2.2 |
1.30 m @ 1.66 g/t Au from 176.8 m |
|
MD19 |
|
257.00 |
266.00 |
9.00 |
1.10 |
9.9 |
9.00 m @ 1.10 g/t Au from 257 m |
|
MD19 |
|
423.30 |
425.10 |
1.80 |
1.29 |
2.3 |
1.80 m @ 1.29 g/t Au from 423.3 m |
|
MD20 |
|
400.90 |
404.00 |
3.10 |
9.27 |
28.7 |
3.10 m @ 9.27 g/t Au from 400.9 m |
|
MD20 |
inc. |
400.90 |
403.24 |
2.34 |
12.01 |
28.1 |
2.34 m @ 12.01 g/t Au from 400.9 m |
|
MD21 |
|
105.00 |
106.50 |
1.50 |
2.53 |
3.8 |
1.50 m @ 2.53 g/t Au from 105 m |
|
MD21 |
|
131.90 |
140.00 |
8.10 |
5.79 |
46.9 |
8.10 m @ 5.79 g/t Au from 131.9 m |
|
MD21 |
inc. |
131.90 |
136.00 |
4.10 |
3.11 |
12.7 |
4.10 m @ 3.11 g/t Au from 131.9 m |
|
MD21 |
inc. |
137.00 |
140.00 |
3.00 |
11.29 |
33.9 |
3.00 m @ 11.29 g/t Au from 137 m |
|
MD21 |
|
144.60 |
150.80 |
6.20 |
3.92 |
24.3 |
6.20 m @ 3.92 g/t Au from 144.6 m |
|
MD21 |
inc. |
147.00 |
148.70 |
1.70 |
4.86 |
8.3 |
1.70 m @ 4.86 g/t Au from 147 m |
|
MD21 |
inc. |
149.30 |
150.80 |
1.50 |
8.57 |
12.9 |
1.50 m @ 8.57 g/t Au from 149.3 m |
|
MD22 |
|
87.60 |
88.80 |
1.20 |
3.81 |
4.6 |
1.20 m @ 3.81 g/t Au from 87.6 m |
|
MD22 |
|
122.40 |
126.50 |
4.10 |
1.38 |
5.7 |
4.10 m @ 1.38 g/t Au from 122.4 m |
|
MD22*Granite |
|
134.00 |
179.00 |
45.00 |
0.23 |
10.4 |
45.00 m @ 0.23 g/t Au from 134 m |
|
LSDDH1 |
|
31.00 |
38.50 |
7.50 |
0.38 |
2.9 |
7.50 m @ 0.38 g/t Au from 31 m |
|
LSDDH1 |
|
84.35 |
91.00 |
6.65 |
8.17 |
54.4 |
6.65 m @ 8.17 g/t Au from 84.35 m |
|
LSDDH1 |
inc. |
84.35 |
88.20 |
3.85 |
13.77 |
53.0 |
3.85 m @ 13.77 g/t Au from 84.35 m |
|
LSDDH1 |
|
95.75 |
99.75 |
4.00 |
2.10 |
8.4 |
4.00 m @ 2.10 g/t Au from 95.75 m |
|
LSDDH3 |
|
35.75 |
42.40 |
6.65 |
0.89 |
5.9 |
6.65 m @ 0.89 g/t Au from 35.75 m |
|
LSDDH4 |
|
0.00 |
2.70 |
2.70 |
3.13 |
8.5 |
2.70 m @ 3.13 g/t Au from 0 m |
|
LSDDH4 |
|
28.50 |
31.20 |
2.70 |
0.81 |
2.2 |
2.70 m @ 0.81 g/t Au from 28.5 m |
|
LSDDH5 |
|
116.80 |
119.00 |
2.20 |
1.32 |
2.9 |
2.20 m @ 1.32 g/t Au from 116.8 m |
|
LSDDH6 |
|
27.70 |
35.40 |
7.70 |
3.12 |
24.0 |
7.70 m @ 3.12 g/t Au from 27.7 m |
|
LSDDH6 |
inc. |
27.70 |
32.70 |
5.00 |
3.01 |
15.0 |
5.00 m @ 3.01 g/t Au from 27.7 m |
|
LSDDH6 |
inc. |
33.80 |
35.40 |
1.60 |
4.93 |
7.9 |
1.60 m @ 4.93 g/t Au from 33.8 m |
|
LSDDH7 |
|
15.30 |
17.20 |
1.90 |
1.32 |
2.5 |
1.90 m @ 1.32 g/t Au from 15.3 m |
|
LSDDH7 |
|
196.40 |
197.40 |
1.00 |
3.41 |
3.4 |
1.00 m @ 3.41 g/t Au from 196.4 m |
|
LSDDH8 |
|
59.00 |
62.00 |
3.00 |
1.46 |
4.4 |
3.00 m @ 1.46 g/t Au from 59 m |
|
LSDDH8 |
|
66.30 |
70.40 |
4.10 |
13.10 |
53.7 |
4.10 m @ 13.10 g/t Au from 66.3 m |
|
LSDDH9 |
|
177.90 |
194.70 |
16.80 |
3.13 |
52.6 |
16.80 m @ 3.13 g/t Au from 177.9 m |
|
LSDDH9 |
inc. |
186.10 |
188.20 |
2.10 |
4.92 |
10.3 |
2.10 m @ 4.92 g/t Au from 186.1 m |
|
LSDDH9 |
inc. |
190.10 |
193.10 |
3.00 |
11.43 |
34.3 |
3.00 m @ 11.43 g/t Au from 190.1 m |
|
LSDDH13 |
|
168.20 |
169.40 |
1.20 |
1.71 |
2.1 |
1.20 m @ 1.71 g/t Au from 168.2 m |
|
LSRC1 |
|
46.00 |
47.00 |
1.00 |
2.09 |
2.1 |
1.00 m @ 2.09 g/t Au from 46 m |
|
LSRC2 |
|
77.00 |
81.00 |
4.00 |
1.13 |
4.5 |
4.00 m @ 1.13 g/t Au from 77 m |
|
LSRC3 |
|
91.00 |
93.00 |
2.00 |
1.14 |
2.3 |
2.00 m @ 1.14 g/t Au from 91 m |
|
LSRC4 |
|
69.00 |
70.00 |
1.00 |
2.27 |
2.3 |
1.00 m @ 2.27 g/t Au from 69 m |
|
LSRC4 |
|
83.00 |
85.00 |
2.00 |
2.11 |
4.2 |
2.00 m @ 2.11 g/t Au from 83 m |
|
LSRC5 |
|
79.00 |
93.00 |
14.00 |
2.81 |
39.4 |
14.00 m @ 2.81 g/t Au from 79 m |
|
LSRC5 |
inc. |
82.00 |
87.00 |
5.00 |
5.12 |
25.6 |
5.00 m @ 5.12 g/t Au from 82 m |
|
LSRC5 |
inc. |
88.00 |
90.00 |
2.00 |
4.21 |
8.4 |
2.00 m @ 4.21 g/t Au from 88 m |
|
LSRC6 |
|
17.00 |
33.00 |
16.00 |
2.62 |
42.0 |
16.00 m @ 2.62 g/t Au from 17 m |
|
LSRC6 |
inc. |
17.00 |
18.00 |
1.00 |
5.44 |
5.4 |
1.00 m @ 5.44 g/t Au from 17 m |
|
LSRC6 |
inc. |
29.00 |
32.00 |
3.00 |
4.16 |
12.5 |
3.00 m @ 4.16 g/t Au from 29 m |
|
LSRC7 |
|
18.00 |
20.00 |
2.00 |
3.13 |
6.3 |
2.00 m @ 3.13 g/t Au from 18 m |
|
LSRC7 |
inc. |
18.00 |
19.00 |
1.00 |
5.81 |
5.8 |
1.00 m @ 5.81 g/t Au from 18 m |
|
LSRC7 |
|
47.00 |
58.00 |
11.00 |
5.38 |
59.2 |
11.00 m @ 5.38 g/t Au from 47 m |
|
LSRC7 |
inc. |
47.00 |
52.00 |
5.00 |
10.60 |
53.0 |
5.00 m @ 10.60 g/t Au from 47 m |
|
LSRC7 |
|
81.00 |
83.00 |
2.00 |
2.91 |
5.8 |
2.00 m @ 2.91 g/t Au from 81 m |
|
LSRC7 |
inc. |
81.00 |
82.00 |
1.00 |
5.03 |
5.0 |
1.00 m @ 5.03 g/t Au from 81 m |
|
LSRC8 |
|
55.00 |
59.00 |
4.00 |
0.57 |
2.3 |
4.00 m @ 0.57 g/t Au from 55 m |
|
LSRC8 |
|
93.00 |
106.00 |
13.00 |
2.44 |
31.8 |
13.00 m @ 2.44 g/t Au from 93 m |
|
LSRC8 |
inc. |
93.00 |
94.00 |
1.00 |
12.10 |
12.1 |
1.00 m @ 12.10 g/t Au from 93 m |
|
LSRC8 |
inc. |
102.00 |
106.00 |
4.00 |
4.05 |
16.2 |
4.00 m @ 4.05 g/t Au from 102 m |
|
LSRC9 |
|
26.00 |
31.00 |
5.00 |
5.23 |
26.1 |
5.00 m @ 5.23 g/t Au from 26 m |
|
LSRC9 |
inc. |
26.00 |
30.00 |
4.00 |
6.46 |
25.8 |
4.00 m @ 6.46 g/t Au from 26 m |
|
LSRC9 |
|
48.00 |
51.00 |
3.00 |
0.99 |
3.0 |
3.00 m @ 0.99 g/t Au from 48 m |
|
LSRC10 |
|
9.00 |
13.00 |
4.00 |
0.62 |
2.5 |
4.00 m @ 0.62 g/t Au from 9 m |
|
LSRC10 |
|
24.00 |
28.00 |
4.00 |
3.84 |
15.4 |
4.00 m @ 3.84 g/t Au from 24 m |
|
LSRC10 |
inc. |
24.00 |
25.00 |
1.00 |
6.53 |
6.5 |
1.00 m @ 6.53 g/t Au from 24 m |
|
LSRC10 |
inc. |
26.00 |
28.00 |
2.00 |
4.05 |
8.1 |
2.00 m @ 4.05 g/t Au from 26 m |
|
LSRC11 |
|
50.00 |
60.00 |
10.00 |
5.26 |
52.6 |
10.00 m @ 5.26 g/t Au from 50 m |
|
LSRC11 |
inc. |
50.00 |
56.00 |
6.00 |
6.17 |
37.0 |
6.00 m @ 6.17 g/t Au from 50 m |
|
LSRC11 |
inc. |
57.00 |
60.00 |
3.00 |
5.04 |
15.1 |
3.00 m @ 5.04 g/t Au from 57 m |
|
LSRC12 |
|
49.00 |
52.00 |
3.00 |
0.99 |
3.0 |
3.00 m @ 0.99 g/t Au from 49 m |
|
LSRC13 |
|
81.00 |
86.00 |
5.00 |
4.37 |
21.8 |
5.00 m @ 4.37 g/t Au from 81 m |
|
LSRC13 |
inc. |
81.00 |
85.00 |
4.00 |
5.34 |
21.3 |
4.00 m @ 5.34 g/t Au from 81 m |
|
LSRC14 |
|
51.00 |
61.00 |
10.00 |
3.57 |
35.7 |
10.00 m @ 3.57 g/t Au from 51 m |
|
LSRC14 |
inc. |
51.00 |
58.00 |
7.00 |
4.84 |
33.9 |
7.00 m @ 4.84 g/t Au from 51 m |
|
LSRC14 |
|
66.00 |
72.00 |
6.00 |
0.33 |
2.0 |
6.00 m @ 0.33 g/t Au from 66 m |
|
LSRC14 |
|
76.00 |
83.00 |
7.00 |
0.32 |
2.3 |
7.00 m @ 0.32 g/t Au from 76 m |
|
LSRC14 |
|
87.00 |
92.00 |
5.00 |
0.79 |
4.0 |
5.00 m @ 0.79 g/t Au from 87 m |
|
LSRC15 |
|
46.00 |
47.00 |
1.00 |
8.79 |
8.8 |
1.00 m @ 8.79 g/t Au from 46 m |
|
LSRC15 |
|
51.00 |
63.00 |
12.00 |
0.52 |
6.2 |
12.00 m @ 0.52 g/t Au from 51 m |
|
LSRC15 |
|
66.00 |
72.00 |
6.00 |
6.30 |
37.8 |
6.00 m @ 6.30 g/t Au from 66 m |
|
LSRC15 |
inc. |
66.00 |
70.00 |
4.00 |
9.00 |
36.0 |
4.00 m @ 9.00 g/t Au from 66 m |
|
LSRC16/D14 |
|
62.00 |
63.80 |
1.80 |
6.00 |
10.8 |
1.80 m @ 6.00 g/t Au from 62 m |
|
LSRC16/D14 |
|
68.60 |
72.80 |
4.20 |
3.09 |
13.0 |
4.20 m @ 3.09 g/t Au from 68.6 m |
|
LSRC16/D14 |
inc. |
70.10 |
72.80 |
2.70 |
4.32 |
11.7 |
2.70 m @ 4.32 g/t Au from 70.1 m |
|
LSRC16/D14 |
|
88.75 |
101.10 |
12.35 |
3.21 |
39.6 |
12.35 m @ 3.21 g/t Au from 88.75 m |
|
LSRC16/D14 |
inc. |
92.30 |
95.00 |
2.70 |
9.69 |
26.2 |
2.70 m @ 9.69 g/t Au from 92.3 m |
|
LSRC17/D15 |
|
49.40 |
55.05 |
5.65 |
4.85 |
27.4 |
5.65 m @ 4.85 g/t Au from 49.4 m |
|
LSRC17/D15 |
inc. |
50.70 |
55.05 |
4.35 |
5.61 |
24.4 |
4.35 m @ 5.61 g/t Au from 50.7 m |
|
LSRC17/D15 |
|
67.05 |
73.40 |
6.35 |
4.72 |
30.0 |
6.35 m @ 4.72 g/t Au from 67.05 m |
|
LSRC17/D15 |
inc. |
68.90 |
70.40 |
1.50 |
6.68 |
10.0 |
1.50 m @ 6.68 g/t Au from 68.9 m |
|
LSRC17/D15 |
inc. |
71.00 |
73.40 |
2.40 |
7.14 |
17.1 |
2.40 m @ 7.14 g/t Au from 71 m |
|
HMDDH1 |
|
19.00 |
24.00 |
5.00 |
0.44 |
2.2 |
5.00 m @ 0.44 g/t Au from 19 m |
|
HMDDH1 |
|
47.00 |
52.00 |
5.00 |
1.07 |
5.3 |
5.00 m @ 1.07 g/t Au from 47 m |
|
HMDDH1 |
|
110.10 |
113.10 |
3.00 |
1.02 |
3.1 |
3.00 m @ 1.02 g/t Au from 110.1 m |
|
DDHMA1 |
|
41.10 |
45.10 |
4.00 |
0.64 |
2.6 |
4.00 m @ 0.64 g/t Au from 41.1 m |
|
DDHMA1 |
|
169.00 |
175.00 |
6.00 |
4.37 |
26.2 |
6.00 m @ 4.37 g/t Au from 169 m |
|
DDHMA1 |
inc. |
169.00 |
174.00 |
5.00 |
5.18 |
25.9 |
5.00 m @ 5.18 g/t Au from 169 m |
|
DDHMA2 |
|
90.00 |
103.00 |
13.00 |
0.64 |
8.4 |
13.00 m @ 0.64 g/t Au from 90 m |
|
DDHMA3*Granite |
|
18.00 |
44.00 |
26.00 |
0.44 |
11.4 |
26.00 m @ 0.44 g/t Au from 18 m |
| |
|
|
|
|
|
|
|
JORC Code, 2012 Edition – Table 1 Belltopper
Gold Project PDF
available: http://ml.globenewswire.com/Resource/Download/7cd04fa4-0dea-429d-85db-81ae072e22a8
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/22f051f8-8dfd-468e-98f3-ca36ffc9aacb
https://www.globenewswire.com/NewsRoom/AttachmentNg/3875f429-444a-4272-87a1-044dcf594cfd
https://www.globenewswire.com/NewsRoom/AttachmentNg/80fc7ee8-485d-4846-ae58-9060f11c6bde
https://www.globenewswire.com/NewsRoom/AttachmentNg/306e7534-ccd2-4086-a42e-2e547b241b82
https://www.globenewswire.com/NewsRoom/AttachmentNg/c2f620a7-cb31-4cf5-9d57-7670eb0e2261
https://www.globenewswire.com/NewsRoom/AttachmentNg/e8ace59c-dd17-4afc-a8d1-a088053cda55
https://www.globenewswire.com/NewsRoom/AttachmentNg/c7d220ee-b5f5-44e2-b124-329a386fc54d
https://www.globenewswire.com/NewsRoom/AttachmentNg/11468c63-9707-4cdc-a3a7-fac479f58061
https://www.globenewswire.com/NewsRoom/AttachmentNg/a27964c2-576b-41f1-adb9-4b05166ba82a
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