Gold Resource Reaches 166koz Au via Belt Scale Consolidation
Released
Released
Announcement PDF
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www.adavaleresources.com
Adavale Resources Limited
Level 2, 49 Oxford Close
West Leederville, WA, 6007
Directors & Officers
ALLAN RITCHIE
Executive Chairman & CEO
DAVID WARD
Managing Director
NIC MATICH
Non-Executive Director
LEONARD MATH
CFO & Company Secretary
ASX: ADD
Adavaleresources
Adavale_ASXADD
Investor@adavaleresources.com
+61 2 9127 9852
ASX ANNOUNCEMENT
01 June 2026
Adavale Grows Gold Resource 44% to 166koz Au, Secures Mining
Licence and Cements Belt-Scale Position
o 100% scrip acquisition of 4 licences, with consideration shares issued at a deemed
issue price of $0.05, including:
o Mining Licence (ML739) Calarie with Gold Resource of 0.87Mt @ 1.83 g/t (50,796 oz)
within close trucking distance of London Victoria; and
o 3 x Exploration Licences (EL8555, EL8580, and EL9741) containing multiple high
potential greenfield prospects.
o Critically, all tenure is acquired with clean title, 100% ownership and no Net
Smelter Royalty (NSR) attached.
o The combined JORC Compliant resources will total 4.67Mt @ 1.11g/t (165,796 oz),
including:
o London-Victoria - 3.8Mt @ 0.95g/t Au (115,000 oz)
o Calarie - 0.87Mt @ 1.83 g/t Au (50,796 oz) on ML739
o Significant exploration upside remains at Calarie with historical and recent drilling
returning high grade intercepts. Highlights include:
o 13.7m @ 7.6g/t Au from 55.3m (CARCD001)
o 17m @ 5.7g/t Au from 34m (OCRC006)
o 16m @ 15.9g/t Au from 98m (CARC069)
o Adavale’s Parkes Project tenure now stands at 11 granted EL’s and an ML over 610 km2
across 70km of contiguous strike along the gold-rich Parkes Thrust, one of Australia’s
most prospective gold corridors.
o Outside of Calarie itself, the surrounding tenure adds numerous high quality regional
prospects including:
o Armstrongs, Nibblers Hill, Waterhouse, Toss of a Penny
o Adavale is well-funded to progress exploration at the Project with a primary focus
remains, increasing and upgrading the London-Victoria Resource.
2
Adavale Resources Managing Director, Mr. David Ward, commented:
“This acquisition firmly establishes Adavale as a dominant landholder across the Parkes Thrust of the
Lachlan Fold Belt. The inclusion of the Calarie Gold Resource is complementary to the existing London–
Victoria Project, increasing Adavale’s global gold resources to 166koz. Importantly, Calarie delivers a
high-grade resource on a granted Mining Licence and is located within close trucking distance of London–
Victoria, providing potential future development and operational synergies. The Board is particularly
encouraged by the significant exploration upside at Calarie, where both historical and recent drilling has
returned multiple high-grade gold intercepts. These results highlight the potential for resource growth
and grade improvement through targeted follow-up drilling.”
Adavale Resources Executive Chairman and CEO, Mr. Allan Ritchie, commented:
“The 100% scrip acquisition of a large, contiguous tenement package materially enhances Adavale’s
regional contiguous footprint to 610 km² and approximately 70 kilometres of strike along a proven gold
corridor and strengthening the Company’s ability to systematically explore and unlock belt-scale
opportunities. Adavale is well funded to advance exploration across the Project portfolio. The Company’s
immediate focus will remain on increasing and upgrading the London–Victoria Resource, while
systematically progressing the high-priority targets across the expanded Parkes tenure. We are grateful
to the vendors for their confidence in Adavale. Their decision to accept 100% scrip consideration speaks
for itself, it reflects a genuine belief in the quality of this ground and a shared conviction in our ability to
deliver on its potential. That trust is not lost on us and reinforces our commitment to be disciplined, high-
conviction exploration and value creation for all stakeholders.”
Adavale Resources Limited (ASX:ADD) (“Adavale” or the “Company”), an Australian junior
explorer focused on gold and copper in the Lachlan Fold Belt of New South Wales, is pleased to
provide an update on a strategic acquisition which advances Adavale to belt-scale gold explorer-
developer.
Adavale has entered into three agreements to acquire a package of 3 exploration licences (EL8580
EL8555 and EL9741) and a mining licence (ML739) that are contiguous to Adavale’s existing Parkes
project area (the Acquisition). The Acquisition includes an established inferred gold resource of
0.87Mt @ 1.83 g/t (50,796 oz)1
and materially consolidates the Company’s landholding across the
broader Parkes mineralised belt (Figure 1).
The complementary Acquisition significantly expands Adavale’s exploration tenure to belt scale,
providing continuous control over key stratigraphic and structural corridors known as the Parkes
Thrust that host the gold mineralisation at London-Victoria, Peak Hill and Tomingley (ASX:ALK). The
enlarged land package enhances the potential for a district-scale discovery and supports a more
integrated exploration and development strategy, including resource growth, target generation
and regional scale geological understanding.
The Acquisition is considered highly strategic, combining a granted Mining Licence hosting an
established ~51koz Au resource with substantial exploration upside, all within a single, contiguous
project footprint.
1
OMX Announcement – 13 February 2023 MAIDEN JORC RESOURCE AT CALARIE PROJECT
3
Figure 1: Combined Tenure post-Acquisition, overlying Macquarie Arc Volcanics and Parkes Thrust
4
Resource Expansion
The Acquisition includes the Calarie’s Gold Resource (50,796 oz) 21km south-west of the London-
Victoria Resource (115,000 oz). Calarie is in close proximity to London-Victoria connected by the
Newell Highway, the additional resources provide potential for economies of scale to a combined
development pipeline for the southern part of the Parkes Thrust.
On completion, the Combined JORC Compliant Resources will total 4.67Mt @ 1.11g/t (165,796 oz)
• London-Victoria - 3.8Mt @ 0.95g/t Au (115,000 oz)
• Calarie - 0.87Mt @ 1.83 g/t (50,796 oz)
Individual drillhole intercepts within the existing Calarie’s Resource demonstrate significant
opportunity for increases in ounces and grade. Recent substantial gold intercepts include
• 17m @ 5.7g/t Au from 34m (OCRC006); including 9m @ 8.9g/t Au from 35m
• 14m @ 3.4g/t Au from 112m (OCRC003)
• 5m @ 13.5g/t Au from 143m (OCRC008)
Historic intercepts
• 16m @ 15.9g/t Au from 98m (CARC069)
• 5m @ 8.1g/t Au from 126m (CARC075)
Figure 2: Calarie’s Resource Long Section Looking West.2
Displaying grade-thickness plot for domain 300 overlayed
with drill intercept pierce points >5Au GM.
South plunging workings on the Calarie’s Deposit are interpreted to repeat a similar 3D structural
framework as recently discovered at London-Victoria. This suggests the potential for multiple
south-plunging, fold-repeat lodes that remain poorly tested at depth.
The deepest drillholes within close proximity to the resource on the main historically mined lode
returned exceptional high-grade intercepts which demonstrate further upside at depth.
2
OMX ASX Release: 13th
February 2023 – MAIDEN JORC RESOURCE AT CALARIE PROJECT
5
Project Description (Geological)
The Parkes Thrust is a major structural feature, an arc-parallel fault that separates different
Ordovician and Silurian rock sequences (Figure 1).
West of the thrust: Rocks (Goonumbla Volcanics) are weakly deformed and host large-scale
porphyry copper-gold deposits (e.g., Northparkes Mine).
East of the thrust: Rocks (Forbes Group metasediments and thrusted Ordovician Volcanics) show
more intense deformation, including tight folding and host the structurally controlled gold
mineralisation associated within the thrust itself, with the exception of Peak Hill (considered an
epithermal style) deposits include Tomingley, London-Victoria and Calarie.
The gold mineralisation directly associated with the Parkes Thrust is generally described as
structurally controlled or orogenic gold.
Exploration Pipeline
In addition to the Calarie’s Resource, the consolidation of the exploration tenure for the Parkes
Thrust significantly increases Adavale’s access to complementary exploration projects close to
London-Victoria.
Armstrongs (EL9741) is adjacent to the London-Victoria Gold Mine, 1.7km to the north-east.
Nibblers Hill (EL8555) is 2km to the south-east of the London-Victoria Gold Mine. Historic workings
date back to 1880 with intermittent workings continuing through until 1924.
Mineralisation at Nibblers Hill is described as “on the contact of an andesite and a slate, strikes
approximately 016° magnetic and dips steeply to the east. The andesite is reported to be on the western
side of the lode and the slates on the eastern side.3
” Significantly this description is similar to the
geology at London-Victoria Gold Mine 2km to the north-west.
During due diligence a small number of surface samples were collected from the Nibblers Hill and
assayed (gold only), one sample from mullock returned 20.9g/t Au.
Toss of a Penny (also referred to as Marys Dream) is represented by lines of historic workings
dating as far back as 1862, the workings extend strike north-south over 1,300m.
Limited due diligence surface sampling around the workings returned gold assays of 2.41g/t Au
and 1.01g/t Au.
3
R00014947 (GS1982/273) Exploration reports, ELs 1316, 1317, 1318 and 1319, Fornes-Parkes area.
6
London-Victoria Gold Mine – Next Steps
• Brownfields drilling
o Systematic “drill out” underway to expand and upgrade existing mineralisation and
support ongoing Mineral Resource growth.
• Metallurgical testing
o Preliminary metallurgical sighter test work to assess recoveries and support future
development studies.
• Preliminary scoping studies
o Early-stage technical and economic assessments to evaluate development pathways
and inform project prioritisation.
• Geophysical surveys
o High-resolution airborne geophysics to refine structural interpretation, improve
targeting accuracy and prioritise follow-up drilling.
Calarie Gold Mining Licence (ML739) – Next Steps
• Magnetic Survey: In the light of the positive magnetics vs gold association at London-
Victoria airborne and/or ground-based magnetics will be assessed as a potential tool to
assist with targeting.
• Detailed Review and Interpretation to refine follow-up drill targets.
• RC and/or Diamond Drilling: Post detailed review and interpretation follow-up drilling of
high-grade drill results by OMX at the Calarie Gold Mine.
Next Steps at the Consolidated Belt-Scale Parkes Project
Multiple ongoing exploration efforts continue to take place at the Parkes Project simultaneously,
with key projects and milestones including:
• Geophysical surveys
o Extension of high-resolution magnetics at Ashes, into the newly acquired exploration
tenure to assist target generation associated with the IP anomalism and high-grade
surface sampling.
• Surface geochemistry
o Extension of systematic soil and rock-chip programs at Ashes, into the newly
acquired exploration tenure to generate new anomalies and rank targets for drilling.
• First-pass drilling
o Initial drill testing of priority greenfields targets generated from geophysics and
geochemistry to pursue new discoveries.
7
Transaction Details
Material Terms of Agreements
Acquisition Adavale has entered into three agreements:
a) a tenement sale agreement with Orange Minerals (NSW) Pty Ltd (Orange)
and Godolphin Tenements Pty Ltd (Godolphin) to acquire 100% of
exploration licences EL8580 and EL8555 and mining licence ML739
(Tenement Sale Agreement);
b) a share sale agreement with the shareholders of Parker Hill Pty Ltd (Parker
Hill) to acquire 100% of the shares in Parker Hill, which holds exploration
licence EL9741 (Share Sale Agreement); and
c) a deed of partial release and amendment with Monarch Royalty &
Investments Pty Ltd (Monarch) to release the existing NSR royalty over
EL8580, EL8555 and ML739 (Monarch Deed),
(together, the Agreements).
Consideration The consideration under the Agreements comprise:
To Orange:
a) 7,905,000 fully paid ordinary shares in the capital of the Purchaser (Shares)
at a deemed issue price of $0.05 per Share, to be subject to voluntary
escrow for 6 months from the date of execution;
b) 7,905,000 Options exercisable at $0.10 on or before 31 December 2029; and
c) 7,905,000 Options exercisable at $0.20 on or before 31 December 2029.
To Godolphin:
a) 7,595,000 Shares at a deemed issue price of $0.05 per Share, to be subject
to voluntary escrow for 6 months from the date of execution;
b) 7,595,000 Options exercisable at $0.10 on or before 31 December 2029; and
c) 7,595,000 Options exercisable at $0.20 on or before 31 December 2029.
To Parker Hill:
a) 4,000,000 Shares at a deemed issue price of $0.05 per Share, to be subject
to voluntary escrow for 6 months from the date of execution;
b) 4,000,000 Options exercisable at $0.10 on or before 31 December 2029; and
c) 4,000,000 Options exercisable at $0.20 on or before 31 December 2029.
To Monarch
a) 3,000,000 Shares at a deemed issue price of $0.05 per Share;
b) 3,000,000 options exercisable at $0.10 on or before 31 December 2029; and
c) 3,000,000 Options exercisable at $0.20 on or before 31 December 2029
(together, the Consideration);
Conditions
Precedent
Completion of the Acquisition is conditional upon the satisfaction (or waiver) of the
following key Conditions Precedent (as relevant):
(a) Due diligence (in respect of the Share Sale Agreement): completion of due
diligence by Adavale on the Tenements, to the absolute satisfaction of
Adavale;
8
(b) Shareholder approval: the shareholders of Adavale approving the
transactions contemplated by this Agreement in a general meeting;
(c) Regulatory approvals: the Parties obtaining all necessary regulatory
approvals;
(d) Third party approvals: the Parties obtaining all third-party approvals and
consents;
(e) Deeds of assignment and assumption; the relevant parties signing a deed of
assignment and assumption in relation to each third-party agreement;
(f) Execution of the Monarch Deed (in respect of the Tenement Sale
Agreement).
A party may terminate the relevant agreement by written notice to the other party if
the conditions precedent are not satisfied (or waived by ADD) on or before 5pm (Perth
time) on 30 November 2026 (End Date) (or such later date as the Parties may agree).
This announcement is authorised for release by the Board of Adavale Resources Limited.
Further information:
Allan Ritchie
Executive Chairman and CEO
Adavale Resources
E: investor@adavaleresources.com
P: +61 2 9127 9852
David Ward
Managing Director
Adavale Resources
E: investor@adavaleresources.com
P: +61 2 9127 9852
9
Forward Looking Statements
Certain statements in this announcement are or may be “forward-looking statements” and represent
Adavale’s intentions, projections, expectations, or beliefs concerning among other things, future exploration
activities. The projections, estimates and beliefs contained in such forward-looking statements do not
necessarily involve known and unknown risks, uncertainties, and other factors, many of which are beyond
the control of Adavale Resources, and which may cause Adavale Resources actual performance in future
periods to differ materially from any express or implied estimates or projections. Nothing in this
announcement is a promise or representation as to the future. Statements or assumptions in this
announcement as to future matters may prove to be incorrect and differences may be material. Adavale
Resources does not make any representation or warranty as to the accuracy of such statements or
assumptions.
ASX Announcement References
The Company confirms that it is not aware of any new information or data that materially affects the
information included in the original market announcements. The Company confirms that the form and
context in which the Competent Person’s findings are presented have not been materially modified from the
original market announcement.
Information on the Mineral Resources presented on the London-Victoria deposit is contained in the ASX
announcement dated 5 May 2025. Where the Company refers to Mineral Resource in this presentation, it
confirms that it is not aware of any new information or data that materially affects the information included
in that announcement and all material assumptions and technical parameters underpinning the Mineral
Resource estimate with that announcement continue to apply and have not materially changed. The
Company confirms that the form and their context with JORC Table 1 in which the Competent Person’s
findings are presented have not materially changed from the original announcement.
Competent Persons Statement
The information in this document that relates to exploration results is based on information compiled by
David Ward BSc, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy
(AUSIMM), (Member 228604). David Ward has over 25 years of experience in metallic minerals mining,
exploration and development and has sufficient experience that is relevant to the style of mineralisation and
type of deposit under consideration and to the activity being undertaking to qualify as a ‘Competent Person’
as defined under the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves’. Mr Ward consents to the inclusion in this report of the matters based on his
information in the form and context in which it appears.
Other References
• R00014947 (GS1982/273) Exploration reports, ELs 1316, 1317, 1318 and 1319, Forbes-Parkes area.
10
Calarie Mineral Resource Estimate
Refer to Orange Minerals NL (ASX:OMX) ASX announcement dated 13 February 2023 “Maiden JORC Resource
at Calarie Project” for the full details of the Inferred Mineral Resource Estimate (JORC 2012) for the Calarie
deposit.
The information in this announcement that relates to the Calarie Mineral Resource Estimate has been
compiled by Mr. Ross Corben who is an independent consultant commissioned by Orange Minerals. Mr.
Corben is a Fellow of the Australasian Institute of Mining and Metallurgy and has sufficient experience which
is relevant to the style of mineralisation and type of deposit under consideration and to the activity which
they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian
Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr. Corben
has reviewed the contents of this news release and consents to the inclusion in this announcement of
exploration results in the form and context in which they appear.
Mineral Resource Statement Overview
The Calarie Project is a mining lease (ML739) and two exploration licences (EL8555, EL8580) that form a 70%
earn-in joint venture with Godolphin Resources Limited (see Figure 1). The project area is located
immediately north of Forbes in Central NSW. The Calarie area was an underground gold mine that produced
approximately 39,000oz at 22g/t gold from 1896 to 1908. In addition to historical exploration work including
drilling, two drill programmes have been completed by Orange since listing in December 2021. An RC drill
programme of ten holes totalling 1,044 metres was completed in December 2021, and a diamond drill
programme consisting of five holes totalling 1,170 metres was completed in September 2022.
Geology
The Calarie Project area is dominated by two groups of rocks (Ordivician Volcanics and Silurian Volcanics and
sediments). The Ordivician group consists of the Junee – Narromine andesitic volcanic arc that includes the
Parkes and Nash Hill volcanics. The Ordivician - Silurian sediment sequence east of the volcanic arc include
linear belts of intermediate volcanics including the Daroobalgie Volcanics Cotton Formation and Calarie
Sandstone. Gold mineralisation at the Calarie Mine is structurally controlled along the extensive NNE
trending Parkes – Forbes belt or Parkes Thrust. The deposits are hosted in strongly deformed linear belts of
Ordivician volcanics and predominantly occur close to the volcanic / sediment contact. Historical drilling has
shown that the western contact of the Daroobalgie Volcanics dips at 70 degrees to the west, and is strongly
altered and mineralised. Significant operating mines and past producers include the Tomingley Mine
(Orogenic), London – Victoria Mine (Orogenic) and Peak Hill (High Sulphidation – Epithermal).
Drill sampling and assays
A total of 154 Reverse Circulation (RC) drillholes (11,926m) and 32 Diamond (DDH) drillholes (4,764) were
used to define the Calarie deposit for a total of 16,690m of drilling. The deposit was sampled by drilling at
nominal 20m spacing on 25m northwest-southeast oriented sections. Prior to wireframing, all available data
were transformed to a local grid to permit working in an orthogonal space. This allows for better block size
selection to both maintain volume resolution on the defined mineralisation wireframes and allow for suitably
robust estimates of grade. Holes were generally angled at -60° towards the south-east (120°) with dip angles
set to optimally intersect the mineralised horizons, which dip at approximately 65°-70° to the north-west
(300°).
Source Hole Type No. Holes Metres
Historical DDH 27 3,582
Historical RC 144 10,882
Orange DDH 5 1,169
Orange RC 10 1,044
Total 186 16,677
Drillhole Summary Statistics
11
The final set of drill holes used in the 2022 MRE by OMX are shown in Figure 2. The data considered for use
in the MRE was validated by both Orange and Geowiz and is considered suitably robust for use in Mineral
Resource estimation.
Plan view showing drill holes with Au (ppm) histogram and mineralised zone wireframes
12
Resource Estimation
Mineralised intersections for the two main zones were manually coded in each drill hole using a nominal 0.3
ppm Au cut-off. The coded mineralised intersections were loaded into Leapfrog software and vein geological
models were generated from the coded intervals for the two interpreted zones. Domain wireframes were
extracted from the Leapfrog model and exported into Surpac™ V6.6 software where they were used to
constrain the resource modelling.
A block model was set up with a parent cell size 5m (E) x 10m (N) x 5m (RL) with standard sub-celling to 1.25m
(E) x 2.5m (N) x 1.25m (RL) to maintain the resolution of the mineralised domains. The 5m Easting dimension
was used to reflect the geometry and orientation of the domain wireframes. Samples composited to 1m
length were used to interpolate Au into the block model using a dynamic anisotropy ordinary kriging
interpolation method. All block modelling was completed using Surpac™ v6.6 software.
A Lerchs-Grossman pit optimisation was run using a Au price of AUD$2,700 per ounce. The block model was
reported inside the pit shell to determine that blocks >0.3 ppm Au have reasonable prospects of future
economic extraction by surface mining.
Although there has been a considerable amount of drilling done to define the Calarie deposit, some of the
historical RC drillholes appear to have been affected by smearing down the hole and there are a few cases
where diamond twinning of the RC drill holes has not returned the same grades. For these reasons, the MRE
has been classified as Inferred only based on the guidelines specified in the JORC Code.
The deposit appears to be of sufficient grade, quantity, and coherence to have reasonable prospects for
eventual economic extraction.
Results
The calculated inferred Resource is shown in Table below, and the grade Resource curves in the following
figure.
Calarie MRE by JORC Classification – January 2022
Classification Tonnes (mt) Au(ppm) Au(ozs)
Inferred 0.87 1.83 50,796
Indicative Grade Resource Curve
13
Domain 300 long section grade-thickness plot
Plan View Google Earth image – Domain 300 grade-thickness plot with Optimised Pit Outline
14
Appendix 1 – Significant Intercepts
Hole ID
Hole
Type
Depth
(m)
GDA
East
GDA
North RL Dip
Azi
GDA from to Width Au_ppm
Gram
Meters
CA001 RC 94 594704 6309938 245 60 121 91 93 2 1.28 2.6
CA002 RC 61 594736 6310000 248 60 121 56 61 5 2.45 12.2
CA003 RC 77 594832 6310234 247 60 121 62 66 4 2.82 11.3
CA004 RC 60 594780 6310090 245 60 121 26 33 7 2.44 17.1
48 50 2 0.53 1.1
CA005 RC 46 594817 6310126 246 60 121 0 2 2 1.17 2.3
12 19 7 3.2 22.4
22 24 2 0.65 1.3
CA006 RC 42 594830 6310177 246 60 121 0 2 2 1.28 2.6
26 33 7 1.74 12.2
CA007 RC 42 594862 6310216 247 60 121 14 20 6 6.47 38.8
CA008 RC 36 594885 6310255 245 60 121 22 34 12 0.88 10.6
CA009 RC 42 594919 6310312 245 60 121 28 42 14 1.59 22.3
CA010 RC 37 594938 6310345 247 60 121 24 26 2 1.58 3.2
CA013 RC 95 594787 6310144 246 60 121 41 56 15 1.52 22.9
60 95 35 1.32 46.2
CA016 RC 84 594769 6309996 248 60 121 18 26 8 3.07 24.6
CA018 RC 84 594749 6309992 248 60 121 30 37 7 10.05 70.4
40 43 3 1.28 3.8
71 82 11 0.87 9.6
CA020 RC 78 594793 6310082 245 60 121 0 3 3 1.74 5.2
CA021 RC 77 594785 6310052 247 60 121 8 12 4 0.61 2.4
CA024 RC 89 594864 6310273 245 60 121 71 73 2 1.83 3.7
CA026 RC 89 594803 6310143 246 60 121 28 36 8 0.72 5.8
38 43 5 2.07 10.4
83 85 2 0.59 1.2
CA028 RC 77 594879 6310282 245 60 121 55 66 11 1.2 13.2
68 77 9 1.12 10.1
CA030 RC 52 594770 6309980 248 60 121 13 21 8 9.62 77.0
24 29 5 0.83 4.2
31 35 4 0.55 2.2
CA031 RC 64 594734 6310001 248 60 121 59 64 5 7.86 39.3
CA032 RC 52 594765 6310011 248 60 121 23 28 5 0.84 4.2
CA033 RC 95 594748 6310022 248 60 121 48 51 3 1.18 3.5
CA034 RC 107 594731 6310032 248 60 121 76 86 10 1.03 10.3
CA037 RC 95 594767 6310098 245 60 121 18 20 2 1.18 2.4
32 45 13 1.64 21.3
CA038 RC 40 594761 6309956 245 60 121 28 33 5 1.58 7.9
CA039 RC 52 594754 6309925 245 60 121 30 37 7 1.18 8.2
CA039A RC 53 594804 6310105 245 60 121 7 9 2 2.6 5.2
21 24 3 0.86 2.6
CA040 RC 72 594787 6310115 245 60 121 24 27 3 1.87 5.6
CA041 RC 95 594770 6310126 245 60 121 45 47 2 2.43 4.9
15
Hole ID
Hole
Type
Depth
(m)
GDA
East
GDA
North RL Dip
Azi
GDA from to Width Au_ppm
Gram
Meters
CA042 RC 108 594785 6310146 245 60 121 49 51 2 2.48 5.0
54 56 2 0.64 1.3
CA043 RC 71 594813 6310158 245 60 121 57 62 5 3.07 15.3
CA045 RC 65 594841 6310205 245 60 121 33 39 6 0.94 5.6
48 52 4 1.25 5.0
CA046 RC 107 594821 6310211 245 60 121 67 72 5 0.9 4.5
CA047 RC 61 594847 6310225 247 60 121 42 45 3 1.04 3.1
48 60 12 1.29 15.5
CA049 RC 52 594864 6310244 245 60 121 41 48 7 0.81 5.7
CA050 RC 71 594847 6310254 245 60 121 65 68 3 0.85 2.6
CA051 RC 53 594880 6310264 245 60 121 38 43 5 3.72 18.6
CA054 RC 41 594894 6310284 245 60 121 32 34 2 1.44 2.9
CA055 RC 57 594881 6310292 245 60 121 52 56 4 10.44 41.8
CA056 RC 29 594925 6310306 245 60 121 15 17 2 0.99 2.0
CA057 RC 53 594908 6310317 245 60 121 37 46 9 3.76 33.8
CA058 RC 35 594937 6310346 247 60 121 22 24 2 2.2 4.4
CA059 RC 83 594768 6310068 247 60 121 19 22 3 3.95 11.8
25 27 2 1.21 2.4
CA068 RC 41 595700 6312036 260 60 102 0 5 5 6.19 31.0
CA074 RC 53 595637 6311895 255 60 102 28 31 3 1.02 3.1
CA078 RC 54 594757 6310046 247 60 121 32 38 6 1.4 8.4
CA079 RC 125 594710 6310015 247 60 122 112 116 4 1.43 5.7
CA080 RC 95 594716 6309983 245 60 120 69 78 9 1.41 12.7
CA081 RC 83 594738 6309970 245 60 120 47 54 7 2.85 19.9
77 83 6 2.11 12.7
CA083 RC 89 594727 6309947 245 60 116 53 70 17 4.84 82.2
72 79 7 0.64 4.5
80 87 7 1.62 11.4
CAD001 DDH 75 594761 6309984 243 60 121 21 33 12 3.54 42.5
CAD002 DDH 30 594996 6310484 246 60 121 16 21 5 0.77 3.8
CAD003 DDH 50 594907 6310306 245 60 121 33 40 7 4.17 29.2
CARC002 RC 48 594984 6310491 246 60 120 31 35 4 2.06 8.2
CARC004 RC 29 594984 6310434 246 59 121 6 9 3 1.3 3.9
CARC008 RC 55 594920 6310358 246 60 123 44 46 2 1.04 2.1
CARC009 RC 80 594887 6310325 246 60 122 52 57 5 1.67 8.3
62 66 4 1.35 5.4
CARC010 RC 85 594859 6310305 246 59 122 66 69 3 0.68 2.0
CARC013 RC 100 594760 6310133 244 60 121 59 62 3 3.93 11.8
CARC014 RC 90 594744 6310112 244 61 120 61 64 3 2.13 6.4
CARC017 RC 132 594724 6310067 244 60 121 0 2 2 4.09 8.2
CARC018 RC 75 594738 6310057 244 59 121 56 58 2 0.76 1.5
72 75 3 13.9 41.7
CARC019 RC 91 594720 6309981 244 60 121 73 77 4 0.77 3.1
CARC020 RC 114 594709 6309961 244 60 121 70 81 11 2.73 30.1
107 109 2 0.91 1.8
CARC021 RC 70 594742 6309932 243 59 120 30 48 18 1.68 30.2
16
Hole ID
Hole
Type
Depth
(m)
GDA
East
GDA
North RL Dip
Azi
GDA from to Width Au_ppm
Gram
Meters
CARC022 RC 97 594697 6309848 244 60 121 61 70 9 0.78 7.0
CARC023 RC 102 594709 6309869 243 60 121 63 72 9 1.18 10.6
CARC024 RC 78 594722 6309890 244 60 121 50 57 7 1.24 8.7
CARC025 RC 72 594731 6309915 244 60 121 43 54 11 1.6 17.6
CARC028 RC 120 594684 6309915 243 60 121 118 120 2 2.08 4.2
CARC030 RC 80 594729 6309888 243 60 121 41 50 9 2.05 18.5
74 79 5 1.25 6.2
CARC032 RC 93 594714 6309837 243 60 121 83 85 2 1.07 2.1
CARC034 RC 102 594727 6310005 244 60 121 69 81 12 7.55 90.6
CARC035 RC 30 594933 6310320 245 60 130 15 17 2 1.05 2.1
CARC036 RC 54 594915 6310330 246 61 122 39 41 2 2.23 4.5
CARC037 RC 72 594898 6310340 246 60 122 54 60 6 2.96 17.8
CARC039 RC 42 594938 6310371 246 60 120 31 33 2 1.95 3.9
CARC040 RC 58 594923 6310381 246 60 122 40 42 2 0.6 1.2
CARC041 RC 42 594968 6310445 246 60 121 21 28 7 5.65 39.6
30 32 2 0.62 1.2
CARC043 RC 54 594975 6310468 246 60 120 26 32 6 1.45 8.7
CARC049 RC 51 594998 6310513 246 60 123 28 31 3 0.68 2.1
CARC052 RC 36 594954 6310422 246 61 120 27 32 5 1.42 7.1
CARC054 RC 78 594812 6310185 245 60 121 51 53 2 1.27 2.5
CARC054 RC 78 594812 6310185 245 60 121 65 71 6 2.84 17.0
CARC055 RC 120 594742 6310057 244 61 120 81 87 6 10.35 62.1
CARC056 RC 84 594749 6309963 244 60 122 34 36 2 4.4 8.8
39 41 2 0.99 2.0
CARC057 RC 120 594703 6309991 244 61 121 99 101 2 1.5 3.0
CARC059 RC 120 594701 6309904 244 60 123 78 86 8 2.03 16.2
92 98 6 0.86 5.2
CARC065 RC 144 594682 6309825 243 60 120 61 69 8 0.93 7.4
109 112 3 1.83 5.5
CARC068 RC 150 594729 6310126 244 60 123 92 96 4 1.29 5.2
127 131 4 0.76 3.0
CARC069 RC 114 594739 6310145 244 60 122 98 114 16 15.87 254.0
CARC070 RC 72 594774 63
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