home Equities T.LAM Australian drilling proceeding as planned; Strong downhole gamma radioactivity confirms mineralisation at initial three targets

T.LAM Australian drilling proceeding as planned; Strong downhole gamma radioactivity confirms mineralisation at initial three targets

By John Dyer   Posted in Equities
Posted on
  • Second drill rig has completed RC drilling at Long Pocket
    • All 38 planned RC drillholes completed (for 2,139 meters) at the Long Pocket prospect and on track for maiden Mineral Resource Estimation expected by Q1 2025
    • Composite downhole gamma responses over 1m of up to 13,993 counts per second (“cps”) (including 27,319 cps[1]) confirm shallow mineralisation
  • 5 diamond drillholes for 932.7 meters completed at Amphitheatre
    • Downhole gamma probe 1m composites of up to 1m 16,426 cps[2] (including 20,312 cps) supports extensions to mineralisation
  • First assay results expected Q3 2024
  • Two rigs now at Huarabagoo and Junnagunna with resource extension drilling underway; initial hole indicates wide mineralised intervals with peak 1m gamma composites of up to 6,992 cps (including 13,350cps)[3]
  • First hole at Huarabagoo extended because mineralisation continued further down from the initial planned hole depth of 80m.
  • Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM; ASX: LAM; OTCQX: LMRXF), a uranium mine development and exploration company with globally significant assets in the United States and Australia, is pleased to provide an update on its drilling activities at the Westmoreland Uranium Project in Queensland, Australia (“Westmoreland”).

    As reported on June 20, 2024, this season’s exploration drilling campaign at Westmoreland is comprised of up to 12,000 meters of diamond and RC drilling across multiple targets and is designed to potentially expand the resource at existing deposits and to identify potential satellite deposits, which might materially impact either the ultimate mine life of the project or contribute to the potential for increased scale of operations. The program is planned to test up to five targets and is off to an excellent start with positive results already obtained from the first three targets drilled. The findings are supported by downhole gamma probe readings, geological logging and hand-held scintillometer analysis.   An initial batch of samples were sent for assaying in late July and the first assay results are expected to be returned within the next couple of weeks.

    Commenting on the exploration results, Laramide’s Vice-President of Exploration Rhys Davies said:

    “Our drill program at Westmoreland is proceeding very well and meeting expectations with the first of our exploration drillholes at Amphitheatre returning multiple zones of mineralization (both laterally and deeper than previously known). As well, the Long Pocket infill drilling has returned both significant and shallow gamma responses confirming continuity of mineralization. The next stage of this year’s program is to prove the potential, indicated in the 2023 drill program, to both link and expand the Huarabagoo and Junnagunna deposits that were used to produce the Westmoreland 2016 PEA. We look forward to updating investors as the assay results are received over the coming weeks and months.

    “The goal of this year’s program is to start to quantify and qualify what we believe to be a significantly larger asset than has already been defined. Last year’s drilling results have given confidence to our assumptions that the potential size of Westmoreland’s uranium mineralization can become much larger.”

    The second drilling rig arrived on site in July, which has accelerated the progress of the total campaign which will cover five targets. The planned programs at the Long Pocket deposit and the Amphitheatre prospect have now been completed. Thus far, thirty-eight RC shallow resource infill holes for 2,139m at Long Pocket, and five diamond holes for a total of 932.7m at Amphitheatre are complete. Downhole gamma probe data confirms drilling has successfully identified infill mineralisation at Long Pocket. Furthermore, extensions to mineralisation at Amphitheatre have also been tested.

    Both rigs have subsequently moved on to resource extension drilling at the Huarabagoo and Junnagunna deposits which are two of the three deposits included in the 2016 Preliminary Economic Assessment (“PEA”). The first of these holes was recently completed at Huarabagoo. The objective of this drilling is to investigate the potential to increase the current resource estimate which is currently defined as 51.9 Mlbs contained U3O8 (Measured and Indicated 18.7 Mt @ 0.09% for 36 Mlbs U3O8 and Inferred 9.0 Mt @ 0.08% for 15.9 Mlbs U3O8).

    Long Pocket Uranium Deposit

    Long Pocket is a satellite deposit 7km to the east of the Westmoreland Project (Figure 3). Drilling in 2023 provided the support to model mineralisation and had highlighted zones where infill drilling was required to confirm continuity of the mineralisation to a high enough level of confidence required to contribute to a resource estimate. Thirty-eight infill RC drill holes, for a total of 2,139m, were planned accordingly for 2024 and have been recently completed.

    Importantly, the initial downhole gamma probe data from the 2024 drilling has confirmed shallow (<50m depth), flat-lying, continuous mineralisation (Figure 1) with 1m downhole composite readings of up to 13,993cps (Table 2), which included individual readings of up to 27,319cps.

    Assay results from Long Pocket drilling are expected in Q3 2024 and results from this year’s drilling will be incorporated into a maiden Mineral Resource Estimation of the deposit in Q1 2025. The central part of this deposit is now well understood with hole spacing now less than 50m in places.

     

    Figure 1 E-W Cross Section (8065125N) of Long Pocket illustrating shallow, flat-lying deposit with multiple zones hosted at <30m depth and the main zone associated with dolerite sill between 30m and 50m depth. NB: interpretation based on gamma trace cps only (as seen in graphs alongside drill holes). Assays results are pending. (CNW Group/Laramide Resources Ltd.)

     

    Figure 1 E-W Cross Section (8065125N) of Long Pocket illustrating shallow, flat-lying deposit with multiple zones hosted at <30m depth and the main zone associated with dolerite sill between 30m and 50m depth. NB: interpretation based on gamma trace cps only (as seen in graphs alongside drill holes). Assays results are pending.

    Amphitheatre uranium prospect

    The Amphitheatre uranium prospect is located 16km northeast of the Junnagunna uranium deposit and expresses as a strong 400m x 300m airborne radiometric anomaly. The area was subject to historical exploration in the late 1960s and early 1970s with Laramide rediscovering its potential in the 2022 and 2023 drill programs.

    Visible secondary uranium minerals such as carnotite and torbernite are present at surface and hosted within the Westmoreland Conglomerate. Mineralisation, which was identified in the 2022 and 2023[1] drilling programs, shows a relationship with mafic intrusive units and sharing potential genetic similarities with the nearby Westmoreland uranium deposit[2]. Drilling in 2024 comprised 5 diamond holes (932.7m), which targeted extensions to uranium mineralisation both laterally and down dip and successfully identified new zones for follow up. Initial composite downhole gamma probe data of up to 1m 16,426 cps[3] (Table 2) including 20,312 cps supports extensions to mineralisation.

    Samples have been dispatched to ALS Mt Isa with the highest-level radioactive samples analysed at ALS Perth.

    Initial interpretation suggests that mineralisation may continue to the north but under alluvial cover which obscures any surface radiometric response. Follow up holes to test this region are being planned for the end of the 2024 drilling campaign.

    Huarabagoo Uranium Deposit

    Although drilling at Huarabagoo has only recently commenced, the first hole has provided great encouragement with 5 mineralised zones intercepted (Figure 2 – strip log). 1m composite gamma probe responses peaked at 6,922cps from 42-43m downhole, with individual peaks reading 13,350cps.  Additionally, the hole had to be extended due to the initial planned hole depth of 80m being in a mineralised zone. Accordingly, the hole was extended to a depth of 110.7m.

    Drill core from this hole, HB24DD001, is currently being processed by Laramide’s exploration team and samples will be dispatched from site within the next few days.

    Figure 2: HB24DD001 downhole log showing Lithology, Alteration and downhole gamma response (cps), mineralised zones highlighted in red bands (CNW Group/Laramide Resources Ltd.)

     

    Figure 2: HB24DD001 downhole log showing Lithology, Alteration and downhole gamma response (cps), mineralised zones highlighted in red bands

    Figure 3: Overview Map of Westmoreland and Murphy Project (CNW Group/Laramide Resources Ltd.)

     

    Figure 3: Overview Map of Westmoreland and Murphy Project

    Qualified/Competent Person

    The information in this announcement relating to Exploration Results is based on information compiled or reviewed by Mr. Rhys Davies, a contractor to the Company. Mr. Davies is a Member of The Australasian Institute of Geoscientists and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’, and is a Qualified Person under the guidelines of the National Instrument 43-101. Mr. Davies consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

    To learn more about Laramide, please visit the Company’s website at www.laramide.com or contact:

    Marc Henderson, President and CEO
    Toronto, Canada    +1 (416) 599 7363

    Ann Baines, Director, Investor Relations
    Toronto, Canada   +1 (647) 832-9904

    Follow us on Twitter @LaramideRes

    About Laramide Resources Ltd.:

    Laramide is focused on exploring and developing high-quality uranium assets in Australia and the western United States. The company’s portfolio comprises predominantly advanced uranium projects in districts with historical production or superior geological prospectivity. The assets have been carefully chosen for their size, production potential, and the two large projects are considered to be late-stage, low-technical risk projects.

    The Westmoreland project in Queensland, Australia, is one of the largest uranium development assets held by a junior mining company. This project has a PEA that describes an economically robust, open-pit mining project with a mine life of 13 years.  Additionally, the adjacent Murphy Project in the Northern Territory of Australia is a greenfield asset that Laramide strategically acquired to control the majority of the mineralized system along the Westmoreland trend.

    In the United States, Laramide’s assets include the NRC licensed Crownpoint-Churchrock Uranium Project. An NI 43-101 PEA study completed in 2023 has described an in-situ recovery (“ISR”) production methodology. The Company also owns the La Jara Mesa project in the historic Grants mining district of New Mexico and an underground project, called La Sal, in Lisbon Valley, Utah.

    This press release contains forward-looking statements. The actual results could differ materially from a conclusion, forecast or projection in the forward-looking information. Certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information.

    Table 1: Drill Collar Details

    Prospect

    Hole ID

    GDA_Easting

    GDA_Northing

    RL (m)

    Depth
    (m)

    Grid
    Azi

    Dip

    Hole
    type

    Drilling
    started

    Drilling completed

    AMPHITHEATRE

    AMD008

    209879

    8074908

    93

    241.6

    90

    -60

    DD

    01/07/2024

    09/07/2024

    AMPHITHEATRE

    AMD009

    209928

    8074816

    90

    202.9

    270

    -80

    DD

    10/07/2024

    15/07/2024

    AMPHITHEATRE

    AMD010

    209954

    8074725

    90

    203.4

    90

    -60

    DD

    15/07/2024

    26/07/2024

    AMPHITHEATRE

    AMD011

    209958

    8074620

    99

    200.3

    90

    -60

    DD

    26/07/2024

    02/08/2024

    AMPHITHEATRE

    AMD012

    209928

    8074820

    90

    84.5

    90

    -55

    DD

    03/08/2024

    05/08/2024

    LONGPOCKET

    LP24RC001

    204362

    8065063

    98

    54

    0

    -90

    RC

    01/08/2024

    01/08/2024

    LONGPOCKET

    LP24RC002

    204312

    8065113

    98

    54

    0

    -90

    RC

    02/08/2024

    08/08/2024

    LONGPOCKET

    LP24RC003

    204262

    8065063

    98

    78

    0

    -90

    RC

    03/08/2024

    03/08/2024

    LONGPOCKET

    LP24RC004

    204212

    8065063

    97

    60

    0

    -90

    RC

    03/08/2024

    03/08/2024

    LONGPOCKET

    LP24RC005

    204168

    8065127

    95

    60

    0

    -90

    RC

    03/08/2024

    03/08/2024

    LONGPOCKET

    LP24RC006

    204122

    8065007

    97

    54

    0

    -90

    RC

    04/08/2024

    04/08/2024

    LONGPOCKET

    LP24RC007

    204092

    8064933

    98

    48

    180

    -60

    RC

    04/08/2024

    04/08/2024

    LONGPOCKET

    LP24RC008

    204192

    8064940

    100

    54

    180

    -60

    RC

    04/08/2024

    04/08/2024

    LONGPOCKET

    LP24RC009

    204187

    8065025

    97

    48

    0

    -90

    RC

    04/08/2024

    05/08/2024

    LONGPOCKET

    LP24RC010

    204079

    8065059

    96

    60

    0

    -90

    RC

    05/08/2024

    05/08/2024

    LONGPOCKET

    LP24RC011

    204109

    8065106

    96

    60

    0

    -90

    RC

    05/08/2024

    05/08/2024

    LONGPOCKET

    LP24RC012

    204072

    8065117

    95

    60

    0

    -90

    RC

    05/08/2024

    06/08/2024

    LONGPOCKET

    LP24RC013

    204078

    8065160

    94

    54

    0

    -90

    RC

    06/08/2024

    06/08/2024

    LONGPOCKET

    LP24RC014

    203524

    8065406

    91

    54

    0

    -90

    RC

    06/08/2024

    06/08/2024

    LONGPOCKET

    LP24RC015

    203615

    8065322

    91

    48

    0

    -90

    RC

    07/08/2024

    07/08/2024

    LONGPOCKET

    LP24RC016

    203715

    8065262

    92

    48

    0

    -90

    RC

    07/08/2024

    07/08/2024

    LONGPOCKET

    LP24RC017

    203715

    8065362

    91

    48

    0

    -90

    RC

    07/08/2024

    07/08/2024

    LONGPOCKET

    LP24RC018

    203715

    8065462

    90

    48

    0

    -90

    RC

    08/08/2024

    08/08/2024

    LONGPOCKET

    LP24RC019

    203724

    8065561

    90

    54

    0

    -90

    RC

    08/08/2024

    08/08/2024

    LONGPOCKET

    LP24RC020

    203824

    8065611

    90

    48

    0

    -90

    RC

    08/08/2024

    08/08/2024

    LONGPOCKET

    LP24RC021

    203924

    8065561

    90

    48

    0

    -90

    RC

    08/08/2024

    08/08/2024

    LONGPOCKET

    LP24RC022

    203915

    8065462

    90

    48

    0

    -90

    RC

    09/08/2024

    09/08/2024

    LONGPOCKET

    LP24RC023

    203915

    8065362

    91

    48

    0

    -90

    RC

    09/08/2024

    09/08/2024

    LONGPOCKET

    LP24RC024

    203930

    8065255

    92

    48

    0

    -90

    RC

    09/08/2024

    09/08/2024

    LONGPOCKET

    LP24RC025

    203999

    8065213

    93

    98

    0

    -90

    RC

    09/08/2024

    10/08/2024

    LONGPOCKET

    LP24RC026

    204086

    8065313

    92

    60

    0

    -90

    RC

    10/08/2024

    10/08/2024

    LONGPOCKET

    LP24RC027

    204027

    8065110

    95

    60

    0

    -90

    RC

    11/08/2024

    11/08/2024

    LONGPOCKET

    LP24RC028

    203958

    8065116

    95

    60

    0

    -90

    RC

    11/08/2024

    11/08/2024

    LONGPOCKET

    LP24RC029

    203881

    8065146

    94

    60

    0

    -90

    RC

    11/08/2024

    11/08/2024

    LONGPOCKET

    LP24RC030

    203977

    8065042

    96

    84

    0

    -90

    RC

    11/08/2024

    12/08/2024

    LONGPOCKET

    LP24RC031

    203933

    8065019

    96

    48

    0

    -90

    RC

    12/08/2024

    12/08/2024

    LONGPOCKET

    LP24RC032

    203986

    8064911

    98

    48

    0

    -90

    RC

    12/08/2024

    12/08/2024

    LONGPOCKET

    LP24RC033

    203889

    8064909

    97

    48

    0

    -90

    RC

    13/08/2024

    13/08/2024

    LONGPOCKET

    LP24RC034

    204331

    8064746

    107

    48

    0

    -90

    RC

    13/08/2024

    13/08/2024

    LONGPOCKET

    LP24RC035

    204134

    8064653

    108

    54

    0

    -90

    RC

    15/08/2024

    15/08/2024

    LONGPOCKET

    LP24RC036

    204121

    8064795

    105

    55

    0

    -90

    RC

    15/08/2024

    15/08/2024

    LONGPOCKET

    LP24RC037

    204001

    8064732

    101

    66

    0

    -60

    RC

    15/08/2024

    16/08/2024

    LONGPOCKET

    LP24RC038

    203843

    8064732

    100

    66

    30

    -60

    RC

    16/08/2024

    16/08/2024

    HUARABAGOO

    HB24DD001

    194115

    8062632

    91

    110.8

    133

    -60

    DD

    08/08/2024

    13/08/2024

    Table 2: 1m Composite Downhole Gamma probe response >500cps

    AMPHITHEATRE

    Hole number

    From

    To

    Counts per second (CPS)

    Gamma Tool

    AMD008

    57

    58

    1577

    AusLog W450-1 (T070)

    AMD008

    86

    87

    509

    AusLog W450-1 (T070)

    AMD008

    144

    145

    671

    AusLog W450-1 (T070)

    AMD008

    145

    146

    559

    AusLog W450-1 (T070)

    AMD008

    151

    152

    955

    AusLog W450-1 (T070)

    AMD008

    152

    153

    703

    AusLog W450-1 (T070)

    AMD008

    154

    155

    534

    AusLog W450-1 (T070)

    AMD008

    156

    157

    566

    AusLog W450-1 (T070)

    AMD009

    39

    40

    10683

    AusLog W450-1 (T070)

    AMD009

    40

    41

    17419

    AusLog W450-1 (T070)

    AMD009

    41

    42

    32925

    AusLog W450-1 (T070)

    AMD009

    42

    43

    17306

    AusLog W450-1 (T070)

    AMD009

    43

    44

    6092

    AusLog W450-1 (T070)

    AMD009

    44

    45

    1206

    AusLog W450-1 (T070)

    AMD009

    45

    46

    1535

    AusLog W450-1 (T070)

    AMD009

    46

    47

    1365

    AusLog W450-1 (T070)

    AMD009

    47

    48

    673

    AusLog W450-1 (T070)

    AMD009

    48

    49

    4493

    AusLog W450-1 (T070)

    AMD009

    49

    50

    2109

    AusLog W450-1 (T070)

    AMD009

    54

    55

    999

    AusLog W450-1 (T070)

    AMD009

    55

    56

    1280

    AusLog W450-1 (T070)

    AMD009

    70

    71

    554

    AusLog W450-1 (T070)

    AMD009

    142

    143

    735

    AusLog W450-1 (T070)

    AMD011

    5

    6

    1453

    Reflex EZ Gamma

    AMD011

    6

    7

    714

    Reflex EZ Gamma

    AMD011

    42

    43

    879

    Reflex EZ Gamma

    AMD011

    43

    44

    576

    Reflex EZ Gamma

    AMD011

    44

    45

    550

    Reflex EZ Gamma

    AMD011

    74

    75

    525

    Reflex EZ Gamma

    AMD011

    84

    85

    612

    Reflex EZ Gamma

    AMD011

    125

    126

    539

    Reflex EZ Gamma

    AMD011

    134

    135

    559

    Reflex EZ Gamma

    AMD011

    136

    137

    890

    Reflex EZ Gamma

    AMD011

    137

    138

    2385

    Reflex EZ Gamma

    AMD011

    138

    139

    3512

    Reflex EZ Gamma

    AMD011

    139

    140

    3618

    Reflex EZ Gamma

    AMD011

    140

    141

    3491

    Reflex EZ Gamma

    AMD011

    141

    142

    2609

    Reflex EZ Gamma

    AMD011

    142

    143

    840

    Reflex EZ Gamma

    AMD011

    172

    173

    739

    Reflex EZ Gamma

    AMD011

    173

    174

    1023

    Reflex EZ Gamma

    AMD011

    178

    179

    624

    Reflex EZ Gamma

    AMD011

    179

    180

    850

    Reflex EZ Gamma

    AMD011

    180

    181

    677

    Reflex EZ Gamma

    AMD011

    193

    194

    555

    Reflex EZ Gamma

    AMD012

    65

    66

    690

    Reflex EZ Gamma

    AMD012

    66

    67

    636

    Reflex EZ Gamma

    AMD012

    67

    68

    891

    Reflex EZ Gamma

    AMD012

    68

    69

    1376

    Reflex EZ Gamma

    AMD012

    69

    70

    507

    Reflex EZ Gamma

    AMD012

    75

    76

    647

    Reflex EZ Gamma

    AMD012

    76

    77

    776

    Reflex EZ Gamma

    AMD012

    77

    78

    640

    Reflex EZ Gamma

    LONG POCKET

    Hole number

    From

    To

    Counts per second (CPS)

    Gamma Tool

    LP24RC001

    4

    5

    623

    Reflex EZ Gamma

    LP24RC001

    5

    6

    833

    Reflex EZ Gamma

    LP24RC001

    28

    29

    747

    Reflex EZ Gamma

    LP24RC001

    38

    39

    852

    Reflex EZ Gamma

    LP24RC001

    39

    40

    783

    Reflex EZ Gamma

    LP24RC001

    40

    41

    554

    Reflex EZ Gamma

    LP24RC002

    7

    8

    607

    Reflex EZ Gamma

    LP24RC002

    9

    10

    690

    Reflex EZ Gamma

    LP24RC002

    10

    11

    621

    Reflex EZ Gamma

    LP24RC002

    11

    12

    752

    Reflex EZ Gamma

    LP24RC002

    13

    14

    1058

    Reflex EZ Gamma

    LP24RC002

    14

    15

    2679

    Reflex EZ Gamma

    LP24RC002

    15

    16

    4969

    Reflex EZ Gamma

    LP24RC002

    16

    17

    2503

    Reflex EZ Gamma

    LP24RC002

    17

    18

    1360

    Reflex EZ Gamma

    LP24RC002

    18

    19

    1841

    Reflex EZ Gamma

    LP24RC002

    19

    20

    2175

    Reflex EZ Gamma

    LP24RC002

    20

    21

    648

    Reflex EZ Gamma

    LP24RC002

    24

    25

    774

    Reflex EZ Gamma

    LP24RC002

    28

    29

    621

    Reflex EZ Gamma

    LP24RC002

    29

    30

    854

    Reflex EZ Gamma

    LP24RC002

    30

    31

    1255

    Reflex EZ Gamma

    LP24RC002

    37

    38

    665

    Reflex EZ Gamma

    LP24RC002

    38

    39

    1390

    Reflex EZ Gamma

    LP24RC003

    2

    3

    505

    Reflex EZ Gamma

    LP24RC003

    7

    8

    642

    Reflex EZ Gamma

    LP24RC003

    8

    9

    1254

    Reflex EZ Gamma

    LP24RC003

    9

    10

    1339

    Reflex EZ Gamma

    LP24RC003

    10

    11

    1012

    Reflex EZ Gamma

    LP24RC003

    12

    13

    549

    Reflex EZ Gamma

    LP24RC003

    13

    14

    980

    Reflex EZ Gamma

    LP24RC003

    14

    15

    2046

    Reflex EZ Gamma

    LP24RC003

    15

    16

    1664

    Reflex EZ Gamma

    LP24RC003

    16

    17

    689

    Reflex EZ Gamma

    LP24RC003

    17

    18

    733

    Reflex EZ Gamma

    LP24RC003

    18

    19

    778

    Reflex EZ Gamma

    LP24RC003

    20

    21

    735

    Reflex EZ Gamma

    LP24RC003

    21

    22

    1013

    Reflex EZ Gamma

    LP24RC003

    22

    23

    1020

    Reflex EZ Gamma

    LP24RC003

    23

    24

    2106

    Reflex EZ Gamma

    LP24RC003

    24

    25

    1815

    Reflex EZ Gamma

    LP24RC003

    25

    26

    1753

    Reflex EZ Gamma

    LP24RC003

    26

    27

    536

    Reflex EZ Gamma

    LP24RC003

    28

    29

    1387

    Reflex EZ Gamma

    LP24RC003

    30

    31

    775

    Reflex EZ Gamma

    LP24RC003

    38

    39

    826

    Reflex EZ Gamma

    LP24RC003

    39

    40

    1228

    Reflex EZ Gamma

    LP24RC003

    40

    41

    597

    Reflex EZ Gamma

    LP24RC005

    2

    3

    1902

    Reflex EZ Gamma

    LP24RC005

    3

    4

    1236

    Reflex EZ Gamma

    LP24RC005

    41

    42

    1364

    Reflex EZ Gamma

    LP24RC005

    42

    43

    927

    Reflex EZ Gamma

    LP24RC006

    8

    9

    501

    Reflex EZ Gamma

    LP24RC006

    9

    10

    509

    Reflex EZ Gamma

    LP24RC006

    13

    14

    621

    Reflex EZ Gamma

    LP24RC006

    14

    15

    835

    Reflex EZ Gamma

    LP24RC006

    15

    16

    844

    Reflex EZ Gamma

    LP24RC006

    16

    17

    1176

    Reflex EZ Gamma

    LP24RC006

    17

    18

    5647

    Reflex EZ Gamma

    LP24RC006

    18

    19

    13993

    Reflex EZ Gamma

    LP24RC006

    19

    20

    1226

    Reflex EZ Gamma

    LP24RC006

    20

    21

    7374

    Reflex EZ Gamma

    LP24RC006

    21

    22

    5071

    Reflex EZ Gamma

    LP24RC006

    22

    23

    2455

    Reflex EZ Gamma

    LP24RC006

    23

    24

    2085

    Reflex EZ Gamma

    LP24RC006

    24

    25

    1475

    Reflex EZ Gamma

    LP24RC006

    25

    26

    1327

    Reflex EZ Gamma

    LP24RC006

    26

    27

    894

    Reflex EZ Gamma

    LP24RC006

    27

    28

    1149

    Reflex EZ Gamma

    LP24RC006

    28

    29

    1088

    Reflex EZ Gamma

    LP24RC006

    29

    30

    672

    Reflex EZ Gamma

    LP24RC006

    30

    31

    631

    Reflex EZ Gamma

    LP24RC006

    31

    32

    551

    Reflex EZ Gamma

    LP24RC006

    32

    33

    607

    Reflex EZ Gamma

    LP24RC006

    33

    34

    716

    Reflex EZ Gamma

    LP24RC006

    34

    35

    2081

    Reflex EZ Gamma

    LP24RC006

    35

    36

    1520

    Reflex EZ Gamma

    LP24RC006

    36

    37

    1482

    Reflex EZ Gamma

    LP24RC006

    37

    38

    1110

    Reflex EZ Gamma

    LP24RC006

    38

    39

    1202

    Reflex EZ Gamma

    LP24RC006

    39

    40

    1228

    Reflex EZ Gamma

    LP24RC006

    40

    41

    1116

    Reflex EZ Gamma

    LP24RC006

    41

    42

    1107

    Reflex EZ Gamma

    LP24RC006

    42

    43

    1167

    Reflex EZ Gamma

    LP24RC006

    43

    44

    1159

    Reflex EZ Gamma

    LP24RC006

    44

    45

    1281

    Reflex EZ Gamma

    LP24RC006

    45

    46

    1092

    Reflex EZ Gamma

    LP24RC006

    46

    47

    1158

    Reflex EZ Gamma

    LP24RC006

    47

    48

    1090

    Reflex EZ Gamma

    LP24RC006

    48

    49

    1077

    Reflex EZ Gamma

    LP24RC006

    49

    50

    1135

    Reflex EZ Gamma

    LP24RC006

    50

    51

    1129

    Reflex EZ Gamma

    LP24RC006

    51

    52

    1146

    Reflex EZ Gamma

    LP24RC006

    52

    53

    1202

    Reflex EZ Gamma

    LP24RC007

    3

    4

    562

    Reflex EZ Gamma

    LP24RC007

    4

    5

    1210

    Reflex EZ Gamma

    LP24RC007

    5

    6

    1006

    Reflex EZ Gamma

    LP24RC007

    6

    7

    627

    Reflex EZ Gamma

    LP24RC007

    7

    8

    719

    Reflex EZ Gamma

    LP24RC007

    8

    9

    597

    Reflex EZ Gamma

    LP24RC007

    9

    10

    580

    Reflex EZ Gamma

    LP24RC007

    10

    11

    580

    Reflex EZ Gamma

    LP24RC007

    11

    12

    536

    Reflex EZ Gamma

    LP24RC007

    12

    13

    586

    Reflex EZ Gamma

    LP24RC007

    13

    14

    589

    Reflex EZ Gamma

    LP24RC007

    14

    15

    580

    Reflex EZ Gamma

    LP24RC007

    15

    16

    568

    Reflex EZ Gamma

    LP24RC007

    16

    17

    577

    Reflex EZ Gamma

    LP24RC007

    17

    18

    583

    Reflex EZ Gamma

    LP24RC007

    18

    19

    604

    Reflex EZ Gamma

    LP24RC007

    19

    20

    757

    Reflex EZ Gamma

    LP24RC007

    20

    21

    899

    Reflex EZ Gamma

    LP24RC007

    21

    22

    624

    Reflex EZ Gamma

    LP24RC007

    22

    23

    623

    Reflex EZ Gamma

    LP24RC007

    23

    24

    537

    Reflex EZ Gamma

    LP24RC007

    24

    25

    601

    Reflex EZ Gamma

    LP24RC007

    25

    26

    545

    Reflex EZ Gamma

    LP24RC007

    26

    27

    548

    Reflex EZ Gamma

    LP24RC007

    27

    28

    614

    Reflex EZ Gamma

    LP24RC007

    28

    29

    689

    Reflex EZ Gamma

    LP24RC007

    29

    30

    698

    Reflex EZ Gamma

    LP24RC007

    30

    31

    616

    Reflex EZ Gamma

    LP24RC007

    31

    32

    611

    Reflex EZ Gamma

    LP24RC007

    32

    33

    627

    Reflex EZ Gamma

    LP24RC007

    33

    34

    691

    Reflex EZ Gamma

    LP24RC007

    34

    35

    1455

    Reflex EZ Gamma

    LP24RC007

    35

    36

    957

    Reflex EZ Gamma

    LP24RC007

    36

    37

    1133

    Reflex EZ Gamma

    LP24RC007

    37

    38

    933

    Reflex EZ Gamma

    LP24RC007

    38

    39

    1103

    Reflex EZ Gamma

    LP24RC007

    39

    40

    1223

    Reflex EZ Gamma

    LP24RC007

    40

    41

    1110

    Reflex EZ Gamma

    LP24RC007

    41

    42

    1242

    Reflex EZ Gamma

    LP24RC007

    42

    43

    978

    Reflex EZ Gamma

    LP24RC007

    43

    44

    859

    Reflex EZ Gamma

    LP24RC007

    44

    45

    809

    Reflex EZ Gamma

    LP24RC007

    45

    46

    770

    Reflex EZ Gamma

    LP24RC007

    46

    47

    770

    Reflex EZ Gamma

    LP24RC008

    17

    18

    698

    Reflex EZ Gamma

    LP24RC008

    18

    19

    1389

    Reflex EZ Gamma

    LP24RC008

    20

    21

    893

    Reflex EZ Gamma

    LP24RC008

    22

    23

    4870

    Reflex EZ Gamma

    LP24RC008

    23

    24

    2518

    Reflex EZ Gamma

    LP24RC008

    24

    25

    5829

    Reflex EZ Gamma

    LP24RC008

    25

    26

    2840

    Reflex EZ Gamma

    LP24RC008

    26

    27

    1089

    Reflex EZ Gamma

    LP24RC008

    27

    28

    1173

    Reflex EZ Gamma

    LP24RC008

    28

    29

    1584

    Reflex EZ Gamma

    LP24RC008

    31

    32

    511

    Reflex EZ Gamma

    LP24RC008

    32

    33

    620

    Reflex EZ Gamma

    LP24RC008

    40

    41

    903

    Reflex EZ Gamma

    LP24RC008

    41

    42

    1281

    Reflex EZ Gamma

    LP24RC008

    42

    43

    684

    Reflex EZ Gamma

    LP24RC011

    6

    7

    986

    Reflex EZ Gamma

    LP24RC011

    7

    8

    732

    Reflex EZ Gamma

    LP24RC011

    8

    9

    820

    Reflex EZ Gamma

    LP24RC011

    9

    10

    791

    Reflex EZ Gamma

    LP24RC011

    11

    12

    760

    Reflex EZ Gamma

    LP24RC011

    12

    13

    1824

    Reflex EZ Gamma

    LP24RC011

    13

    14

    642

    Reflex EZ Gamma

    LP24RC011

    14

    15

    1102

    Reflex EZ Gamma

    LP24RC011

    16

    17

    527

    Reflex EZ Gamma

    LP24RC011

    17

    18

    531

    Reflex EZ Gamma

    LP24RC011

    33

    34

    967

    Reflex EZ Gamma

    LP24RC011

    37

    38

    4064

    Reflex EZ Gamma

    LP24RC011

    38

    39

    2299

    Reflex EZ Gamma

    LP24RC011

    39

    40

    1034

    Reflex EZ Gamma

    LP24RC011

    41

    42

    911

    Reflex EZ Gamma

    LP24RC012

    2

    3

    837

    Reflex EZ Gamma

    LP24RC012

    3

    4

    1832

    Reflex EZ Gamma

    LP24RC012

    14

    15

    1444

    Reflex EZ Gamma

    LP24RC012

    16

    17

    847

    Reflex EZ Gamma

    LP24RC012

    17

    18

    660

    Reflex EZ Gamma

    LP24RC012

    33

    34

    1366

    Reflex EZ Gamma

    LP24RC012

    37

    38

    1015

    Reflex EZ Gamma

    LP24RC012

    38

    39

    564

    Reflex EZ Gamma

    LP24RC012

    39

    40

    787

    Reflex EZ Gamma

    LP24RC012

    40

    41

    2326

    Reflex EZ Gamma

    LP24RC012

    41

    42

    600

    Reflex EZ Gamma

    LP24RC012

    43

    44

    570

    Reflex EZ Gamma

    LP24RC013

    5

    6

    533

    Reflex EZ Gamma

    LP24RC013

    6

    7

    4279

    Reflex EZ Gamma

    LP24RC013

    7

    8

    10507

    Reflex EZ Gamma

    LP24RC013

    8

    9

    2715

    Reflex EZ Gamma

    LP24RC013

    9

    10

    1151

    Reflex EZ Gamma

    LP24RC013

    37

    38

    569

    Reflex EZ Gamma

    LP24RC013

    41

    42

    792

    Reflex EZ Gamma

    LP24RC013

    42

    43

    1490

    Reflex EZ Gamma

    LP24RC014

    16

    17

    1306

    Reflex EZ Gamma

    LP24RC015

    10

    11

    622

    Reflex EZ Gamma

    LP24RC015

    11

    12

    501

    Reflex EZ Gamma

    LP24RC016

    9

    10

    633

    Reflex EZ Gamma

    LP24RC016

    10

    11

    8720

    Reflex EZ Gamma

    LP24RC016

    11

    12

    4166

    Reflex EZ Gamma

    LP24RC016

    12

    13

    8928

    Reflex EZ Gamma

    LP24RC016

    19

    20

    1489

    Reflex EZ Gamma

    LP24RC016

    20

    21

    872

    Reflex EZ Gamma

    LP24RC016

    21

    22

    599

    Reflex EZ Gamma

    LP24RC018

    12

    13

    1409

    Reflex EZ Gamma

    LP24RC018

    13

    14

    2937

    Reflex EZ Gamma

    LP24RC018

    14

    15

    3131

    Reflex EZ Gamma

    LP24RC018

    15

    16

    1492

    Reflex EZ Gamma

    LP24RC018

    18

    19

    612

    Reflex EZ Gamma

    LP24RC019

    21

    22

    596

    Reflex EZ Gamma

    LP24RC021

    23

    24

    891

    Reflex EZ Gamma

    LP24RC021

    25

    26

    1020

    Reflex EZ Gamma

    LP24RC022

    20

    21

    4225

    Reflex EZ Gamma

    LP24RC022

    21

    22

    1260

    Reflex EZ Gamma

    LP24RC022

    22

    23

    2749

    Reflex EZ Gamma

    LP24RC022

    23

    24

    2381

    Reflex EZ Gamma

    LP24RC022

    24

    25

    641

    Reflex EZ Gamma

    LP24RC023

    17

    18

    529

    Reflex EZ Gamma

    LP24RC023

    20

    21

    735

    Reflex EZ Gamma

    LP24RC023

    21

    22

    4436

    Reflex EZ Gamma

    LP24RC023

    22

    23

    2124

    Reflex EZ Gamma

    LP24RC023

    23

    24

    867

    Reflex EZ Gamma

    LP24RC024

    14

    15

    897

    Reflex EZ Gamma

    LP24RC024

    16

    17

    1105

    Reflex EZ Gamma

    LP24RC024

    17

    18

    1362

    Reflex EZ Gamma

    LP24RC024

    18

    19

    578

    Reflex EZ Gamma

    LP24RC024

    20

    21

    835

    Reflex EZ Gamma

    LP24RC024

    21

    22

    678

    Reflex EZ Gamma

    LP24RC025

    12

    13

    939

    Reflex EZ Gamma

    LP24RC025

    13

    14

    1293

    Reflex EZ Gamma

    LP24RC025

    28

    29

    532

    Reflex EZ Gamma

    LP24RC025

    29

    30

    1048

    Reflex EZ Gamma

    LP24RC025

    30

    31

    508

    Reflex EZ Gamma

    LP24RC025

    31

    32

    799

    Reflex EZ Gamma

    LP24RC025

    32

    33

    2304

    Reflex EZ Gamma

    LP24RC025

    33

    34

    2992

    Reflex EZ Gamma

    LP24RC025

    34

    35

    2544

    Reflex EZ Gamma

    LP24RC025

    35

    36

    1658

    Reflex EZ Gamma

    LP24RC025

    36

    37

    2455

    Reflex EZ Gamma

    LP24RC025

    37

    38

    1027

    Reflex EZ Gamma

    LP24RC025

    38

    39

    714

    Reflex EZ Gamma

    LP24RC025

    39

    40

    904

    Reflex EZ Gamma

    LP24RC025

    40

    41

    1302

    Reflex EZ Gamma

    LP24RC025

    41

    42

    852

    Reflex EZ Gamma

    LP24RC025

    42

    43

    541

    Reflex EZ Gamma

    LP24RC025

    43

    44

    572

    Reflex EZ Gamma

    LP24RC025

    44

    45

    536

    Reflex EZ Gamma

    LP24RC025

    47

    48

    667

    Reflex EZ Gamma

    LP24RC025

    48

    49

    874

    Reflex EZ Gamma

    LP24RC025

    49

    50

    815

    Reflex EZ Gamma

    LP24RC025

    50

    51

    816

    Reflex EZ Gamma

    LP24RC025

    51

    52

    817

    Reflex EZ Gamma

    LP24RC025

    52

    53

    755

    Reflex EZ Gamma

    LP24RC025

    53

    54

    733

    Reflex EZ Gamma

    LP24RC025

    54

    55

    800

    Reflex EZ Gamma

    LP24RC025

    55

    56

    825

    Reflex EZ Gamma

    LP24RC025

    56

    57

    800

    Reflex EZ Gamma

    LP24RC025

    57

    58

    761

    Reflex EZ Gamma

    LP24RC025

    58

    59

    783

    Reflex EZ Gamma

    LP24RC025

    59

    60

    774

    Reflex EZ Gamma

    LP24RC025

    60

    61

    799

    Reflex EZ Gamma

    LP24RC025

    61

    62

    783

    Reflex EZ Gamma

    LP24RC025

    62

    63

    853

    Reflex EZ Gamma

    LP24RC025

    63

    64

    816

    Reflex EZ Gamma

    LP24RC025

    64

    65

    732

    Reflex EZ Gamma

    LP24RC025

    65

    66

    681

    Reflex EZ Gamma

    LP24RC025

    66

    67

    688

    Reflex EZ Gamma

    LP24RC025

    67

    68

    720

    Reflex EZ Gamma

    LP24RC025

    68

    69

    693

    Reflex EZ Gamma

    LP24RC025

    69

    70

    721

    Reflex EZ Gamma

    LP24RC025

    70

    71

    743

    Reflex EZ Gamma

    LP24RC025

    71

    72

    722

    Reflex EZ Gamma

    LP24RC025

    72

    73

    715

    Reflex EZ Gamma

    LP24RC025

    73

    74

    720

    Reflex EZ Gamma

    LP24RC025

    74

    75

    723

    Reflex EZ Gamma

    LP24RC025

    75

    76

    724

    Reflex EZ Gamma

    LP24RC025

    76

    77

    715

    Reflex EZ Gamma

    LP24RC025

    77

    78

    685

    Reflex EZ Gamma

    LP24RC025

    78

    79

    762

    Reflex EZ Gamma

    LP24RC025

    79

    80

    777

    Reflex EZ Gamma

    LP24RC025

    80

    81

    819

    Reflex EZ Gamma

    LP24RC025

    81

    82

    833

    Reflex EZ Gamma

    LP24RC025

    82

    83

    873

    Reflex EZ Gamma

    LP24RC025

    83

    84

    879

    Reflex EZ Gamma

    LP24RC025

    84

    85

    755

    Reflex EZ Gamma

    LP24RC025

    85

    86

    755

    Reflex EZ Gamma

    LP24RC025

    86

    87

    752

    Reflex EZ Gamma

    LP24RC025

    87

    88

    763

    Reflex EZ Gamma

    LP24RC025

    88

    89

    797

    Reflex EZ Gamma

    LP24RC025

    89

    90

    764

    Reflex EZ Gamma

    LP24RC025

    90

    91

    724

    Reflex EZ Gamma

    LP24RC025

    91

    92

    727

    Reflex EZ Gamma

    LP24RC025

    92

    93

    741

    Reflex EZ Gamma

    LP24RC026

    26

    27

    1410

    Reflex EZ Gamma

    LP24RC026

    27

    28

    1324

    Reflex EZ Gamma

    LP24RC027

    2

    3

    5690

    Reflex EZ Gamma

    LP24RC027

    3

    4

    1793

    Reflex EZ Gamma

    LP24RC027

    10

    11

    744

    Reflex EZ Gamma

    LP24RC027

    33

    34

    553

    Reflex EZ Gamma

    LP24RC027

    34

    35

    733

    Reflex EZ Gamma

    LP24RC027

    37

    38

    1572

    Reflex EZ Gamma

    LP24RC027

    38

    39

    1174

    Reflex EZ Gamma

    LP24RC027

    39

    40

    1130

    Reflex EZ Gamma

    LP24RC027

    40

    41

    1561

    Reflex EZ Gamma

    LP24RC027

    41

    42

    525

    Reflex EZ Gamma

    LP24RC027

    42

    43

    578

    Reflex EZ Gamma

    LP24RC028

    3

    4

    703

    Reflex EZ Gamma

    LP24RC028

    36

    37

    1736

    Reflex EZ Gamma

    LP24RC028

    39

    40

    1801

    Reflex EZ Gamma

    LP24RC028

    40

    41

    590

    Reflex EZ Gamma

    LP24RC028

    42

    43

    549

    Reflex EZ Gamma

    LP24RC029

    36

    37

    601

    Reflex EZ Gamma

    LP24RC029

    37

    38

    636

    Reflex EZ Gamma

    LP24RC029

    38

    39

    1067

    Reflex EZ Gamma

    LP24RC029

    39

    40

    1576

    Reflex EZ Gamma

    LP24RC029

    40

    41

    1483

    Reflex EZ Gamma

    LP24RC029

    41

    42

    804

    Reflex EZ Gamma

    LP24RC030

    21

    22

    637

    Reflex EZ Gamma

    LP24RC030

    23

    24

    611

    Reflex EZ Gamma

    LP24RC030

    24

    25

    543

    Reflex EZ Gamma

    LP24RC030

    33

    34

    582

    Reflex EZ Gamma

    LP24RC030

    34

    35

    546

    Reflex EZ Gamma

    LP24RC030

    36

    37

    1893

    Reflex EZ Gamma

    LP24RC030

    37

    38

    1060

    Reflex EZ Gamma

    LP24RC030

    38

    39

    1625

    Reflex EZ Gamma

    LP24RC030

    39

    40

    1694

    Reflex EZ Gamma

    LP24RC030

    40

    41

    789

    Reflex EZ Gamma

    LP24RC031

    23

    24

    840

    Reflex EZ Gamma

    LP24RC031

    28

    29

    1153

    Reflex EZ Gamma

    LP24RC031

    29

    30

    796

    Reflex EZ Gamma

    LP24RC031

    30

    31

    606

    Reflex EZ Gamma

    LP24RC031

    31

    32

    513

    Reflex EZ Gamma

    LP24RC031

    32

    33

    708

    Reflex EZ Gamma

    LP24RC031

    33

    34

    968

    Reflex EZ Gamma

    LP24RC031

    34

    35

    850

    Reflex EZ Gamma

    LP24RC032

    19

    20

    580

    Reflex EZ Gamma

    LP24RC032

    23

    24

    909

    Reflex EZ Gamma

    LP24RC032

    24

    25

    586

    Reflex EZ Gamma

    LP24RC032

    28

    29

    929

    Reflex EZ Gamma

    LP24RC032

    31

    32

    2431

    Reflex EZ Gamma

    LP24RC032

    32

    33

    2615

    Reflex EZ Gamma

    LP24RC032

    36

    37

    947

    Reflex EZ Gamma

    LP24RC033

    24

    25

    1030

    Reflex EZ Gamma

    LP24RC033

    25

    26

    1777

    Reflex EZ Gamma

    LP24RC033

    26

    27

    1198

    Reflex EZ Gamma

    LP24RC033

    27

    28

    560

    Reflex EZ Gamma

    LP24RC033

    32

    33

    1261

    Reflex EZ Gamma

    LP24RC033

    36

    37

    3152

    Reflex EZ Gamma

    LP24RC033

    37

    38

    1631

    Reflex EZ Gamma

    LP24RC035

    7

    8

    683

    Reflex EZ Gamma

    LP24RC035

    8

    9

    1351

    Reflex EZ Gamma

    LP24RC035

    13

    14

    721

    Reflex EZ Gamma

    LP24RC035

    14

    15

    1355

    Reflex EZ Gamma

    LP24RC035

    29

    30

    1431

    Reflex EZ Gamma

    LP24RC035

    33

    34

    719

    Reflex EZ Gamma

    LP24RC036

    26

    27

    875

    Reflex EZ Gamma

    LP24RC036

    33

    34

    4555

    Reflex EZ Gamma

    LP24RC036

    34

    35

    1621

    Reflex EZ Gamma

    LP24RC036

    35

    36

    684

    Reflex EZ Gamma

    LP24RC036

    37

    38

    533

    Reflex EZ Gamma

    HUARABAGOO

    Hole number

    From

    To

    Counts per second (CPS)

    Gamma Tool

    HB24DD001

    4

    5

    889

    Reflex EZ Gamma

    HB24DD001

    8

    9

    1160

    Reflex EZ Gamma

    HB24DD001

    9

    10

    814

    Reflex EZ Gamma

    HB24DD001

    10

    11

    737

    Reflex EZ Gamma

    HB24DD001

    12

    13

    1389

    Reflex EZ Gamma

    HB24DD001

    13

    14

    4869

    Reflex EZ Gamma

    HB24DD001

    27

    28

    1095

    Reflex EZ Gamma

    HB24DD001

    32

    33

    811

    Reflex EZ Gamma

    HB24DD001

    38

    39

    511

    Reflex EZ Gamma

    HB24DD001

    41

    42

    2121

    Reflex EZ Gamma

    HB24DD001

    42

    43

    6922

    Reflex EZ Gamma

    HB24DD001

    55

    56

    1484

    Reflex EZ Gamma

    HB24DD001

    56

    57

    714

    Reflex EZ Gamma

    HB24DD001

    74

    75

    1920

    Reflex EZ Gamma

    HB24DD001

    75

    76

    758

    Reflex EZ Gamma

    HB24DD001

    94

    95

    713

    Reflex EZ Gamma

    HB24DD001

    95

    96

    1443

    Reflex EZ Gamma

    APPENDIX  1: JORC Code, 2012 Edition – Table 1 report

    Section 1 Sampling Techniques and Data

    (Criteria in this section apply to all succeeding sections.)

    Criteria JORC Code explanation Commentary
    Sampling techniques
    • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
    • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.
    • Aspects of the determination of mineralisation that are Material to the Public Report.
    • In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.
    		 Diamond Drilling (DD)
    Amphitheatre

    • Diamond drill holes utilised HQ (standard tube 63.5mm Ø) and NQ (standard tube drilling, 47.6mm Ø) drill core sizes
    • Core loss was predominantly restricted to the top two meters from surface.
    • Core samples are ½ cut using core saw with ½ sample being retain for future reference or QAQC.
    • Generally, samples are taken at 1m intervals but in places sampling was defined by geological contact.
    • Samples are sent to ALS Laboratories Mt Isa or Townsville for Au assay via 30 to 50g fire assay (method Au-AA26), and multi-element assay via ME-ICP methods considered industry standard.
    • High radioactivity samples were sent by Mt Isa prep lab to ALS Perth
    • Certified QA/QC standards, blanks, field and lab duplicates were inserted at nominal 1:20 or better intervals with samples in conjunction with laboratory duplicates and internal QA/QC
    • All sampling, assay and QA/QC procedures considered industry standard and/or best practice and appropriate for the style of mineralisation

    RC Drilling
    Long Pocket

    • RC drilling techniques returned samples through a fully enclosed cyclone setup with sample return routinely collected in 1m intervals approximating 20-30kg of sample. 1m interval RC samples were homogenized and collected by a rotary splitter to produce a representative 2-4kg sub-sample.
    • Across all drilling sampling is guided by geology, visual estimation of mineralisation & radioactivity defined by:
    • >350cps utilising handheld RS-125 SUPER-spec unit.
    • >350cps utilising the Auslog W450-1 Downhole gamma probe.
    • > 350 cps utilising the Reflex EZ-Gamma Downhole Gamma Probe.
    • Visual fluorescent mineralisation observed under UV light.

     
    Drilling techniques
    • Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).
    		 Diamond Drilling (DD)
    Amphitheatre

    • HQ3 DD core size includes the use of triple tube to ensure maximum sample recovery and core preservation to a maximum depth of 140m, and NQ Standard drilling was implemented to a maximum of 222.5m.
    • Sample recovery was overall excellent however zones of broken ground conditions limited full recovery and orientation in some zones.
    • Core was oriented via Reflex ACT III core tool where possible

    RC Drilling
    Long Pocket

    • The drilling is completed using a UDR650 Multi-Purpose drill rig 350/1050 Compressor and 8V Booster.
    • Drilling diameter for the RC pre-collar portion is 5.5-inch RC hammer (face sampling bits are used)
    Drill sample recovery
    • Method of recording and assessing core and chip sample recoveries and results assessed.
    • Measures taken to maximise sample recovery and ensure representative nature of the samples.
    • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
    		 Diamond Drilling
    Amphitheatre

    • HQ3 and NQ core are used, with careful drilling techniques, appropriate product use and short runs in broken ground to ensure maximum recovery and core preservation.
    • Recovery is carefully measured each core run at the rig, then using drillers blocks and double checking via on ground/core shed measurement through standard metre mark up and geotechnical logging (run recovery, breaks per metre, RQD etc)
    • All data is continuously recorded and entered into a managed, cloud-based database (MXDeposit).
    • Samples are half (HQ and NQ) split via diamond core saw on site, apexing mineralisation to ensure representative sampling where possible.
    • Field cut duplicate samples are submitted as quarter cut samples, in these cases ½ core has been retained.
    • The sample size and sampling techniques are considered appropriate and industry standard practice for the style of mineralisation

    RC Drilling
    Long Pocket

    • For recent RC drilling no significant recovery issues for samples were observed.
    • Drill chips are collected in chip trays are considered a reasonable representation of the entire 1 m interval.
    • Best practice methods were used for RC and DD coring to ensure the return of high-quality samples. Sample bias is assumed to be within acceptable limits.

     
    Logging
    • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
    • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
    • The total length and percentage of the relevant intersections logged.
    		 Diamond Drilling
    Amphitheatre

    • All diamond drilling is logged for geology in the field by qualified geologists with lithological and mineralogical data recorded for all drill holes using a coding system developed specifically for the project
    • Primary and secondary lithologies are recorded in addition to texture, structure, colour, grain size, alteration type and intensity, estimates of mineral quantities, sample recovery, weathering and oxidation state, radioactivity plus geotechnical and structural logging is also conducted were possible
    • Sampling details are also collected and entered
    • Geological logging is qualitative in nature and considered appropriate for the level of detailed required
    • All DD samples are photographed wet shortly after drilling and markup, labelled and filed for future record. Photo’s are also taken under a UV lamp to assist visual identification and distribution of mineralisation
    • All holes are logged and entered into MX Deposit software – an industry leading integrated cloud based logging/database system with built-in validation.

    RC Drilling
    Long Pocket

    • All RC holes have been geologically logged to industry standard for lithology, mineralization, alteration and other sample features as appropriate to the style of deposit.
    • Observations were recorded in a field laptop, appropriate to the drilling and sample return method and is qualitative and quantitative, based on visual field estimates.
    • All chips have been stored in chip trays on 1m intervals.
    • 100 % of the samples have been logged.

     
    Sub-sampling techniques and sample preparation
    • If core, whether cut or sawn and whether quarter, half or all core taken.
    • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
    • For all sample types, the nature, quality and appropriateness of the sample preparation technique.
    • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.
    • Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling.
    • Whether sample sizes are appropriate to the grain size of the material being sampled.
    • Note assays are pending, no assay results in this release.

     

    Diamond Drilling
    Amphitheatre

    DD sampling and sub-sampling

    • As prior sections
    • DD core (NQ or HQ3) was half-cored via diamond brick core saw with a maximum length of 1.3m for a representative sample of ~3-5kg weight.
    • Where nominated, field duplicates were processed as quarter cut core samples, cut by diamond brick saw with a maximum length of 1.2m.
    • Veins/mineralisation were apexed to ensure representivity where possible, retaining orientation lines
    • Broken/fissile core was sampled by paint scraper where possible.
    • Certified QA/QC standards, blanks, field and lab duplicates were inserted at nominal 1:20 or better intervals with samples in conjunction with laboratory duplicates and internal QA/QC
    • All samples were double-checked for numbering, missing and data integrity issues prior to dispatch
    • No QA/QC or sampling issues were noted
    • The sample and sub-sample size and sampling techniques are considered appropriate and industry standard practice for the style of mineralisation

    DD sample preparation

    • Samples were prepared and analysed at ALS Mt Isa, Townsville or Brisbane, with High radioactivity samples forwarded to ALS Perth for analysis.
    • Samples were dried at approximately 120°C with the sample then crushed using a Boyd crusher which crushes the samples to –2mm
    • The resulting material is then passed to a series LM5 pulverisers and ground to pulp of a nominal 85% passing of 75μm, typically with a 1-3kg sample size
    • The milled pulps were weighed out (30-50g depending on company) and underwent analysis for Au by fire assay (method Au-AA26) and broad suite multi-element via ME-ICP61
    • Field sample and laboratory sample and preparation techniques are considered appropriate and industry standard practice for the style of mineralisation

    RC Drilling
    Long Pocket

    • All RC samples are rotary split at the cyclone to create a 1m sample of 2-4 kg. Samples are collected in prenumbered calico bags via the rotary splitter underneath the cyclone on the drill rig.
    • RC duplicate sub-samples were rifle split.
    • The remaining sample is retained in green plastic bags at the drill site and laid out in sequence from the top of the hole to the end of the hole until assay results have been received A sample is sieved from the reject material and retained in chip trays for geological logging and future reference and stored at the company’s base located at Hells Gate.

     
    Quality of assay data and laboratory tests
    • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
    • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
    • Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.
    • Note assays are pending, no assay results in this release.

     

    Diamond DrillingAmphitheatre
    AND
    RC Drilling
    Long Pocket

     

    • Sampling is guided by geology, visual estimation of mineralisation & radioactivity defined by:
    • >350cps utilising handheld RS-125 SUPER-spec unit.
    • >350cps utilising the Auslog W450-1 Downhole gamma probe.

    > 350 cps utilising the Reflex EZ-Gamma Downhole Gamma Probe.

    • Comparison between the AusLog W450-1 Downhole gamma probe and the Reflex EZ-gamma probe in the company designated calibration drillhole shows a 0.5x correlation. i.e. cps readings from the AusLog unit display as double the Reflex EZ-Gamma. For example, 15,000cps reading on the Auslog unit is approximately equivalent to 7,500cps on the Reflex Unit. For clarity, Table 2 defines the tool used to derive data.    
    • Downhole gamma data in raw counts per second (cps) exceeding 500cps, is provided in Table 2. No k-factor co-efficecient is applied or any inference to eU3O8 values presented.  Gamma data supports interpretation and sampling protocols only, with >350cps considered an appropriate sampling cut-off. Acceptable levels of accuracy and precision were obtained
    • Data displayed in Table 2 is limited to downhole gamma data exceeding 500cps only
    • No external third-party QA/QC reviews have been undertaken.
    • Handheld RS-125 SUPER-spec (Scintillometer) device were also used for preliminary guidance and additional information regarding radioactivity, lithologies and interpretation . No RS-125 data is included in this release
    Verification of sampling and assaying
    • The verification of significant intersections by either independent or alternative company personnel.
    • The use of twinned holes.
    • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
    • Discuss any adjustment to assay data.
    • No independent analysis of the historical results have been done at this stage of the project work.

     

    • Field data is entered digitally using MX Deposit software which is an industry leading integrated cloud based logging/database system.
    • Physical copies are retained and filed, and digital document control procedures are in place
    • Regular reviews and auditing of the database occur to ensure clean, tidy and correct information
    • No twinned holes have been completed to date
    Location of data points
    • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
    • Specification of the grid system used.
    • Quality and adequacy of topographic control.
    • Drill hole collar location data is initially captured with handheld GPS and subsequently collected at end of program via a Trimble DGPS, accurate to within 10cm.
    • Grid system used is GDA94 Zone 54
    • Downhole surveys were completed for all Laramide drill holes with a nominal 30m or better downhole spacing using Reflex Ez-Track camera tool or a Reflex North-seeking Gyro.

     
    Data spacing and distribution
    • Data spacing for reporting of Exploration Results.
    • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
    • Whether sample compositing has been applied.
    • Location of drill collars presented.
    • Any gamma data shown is used for sample selection purposes only.
    • No Mineral Resource or Ore Reserve estimations are being reported.
    • No sample compositing has been applied.

     

     
    Orientation of data in relation to geological structure
    • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
    • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
    		 Diamond Drilling
    Amphitheatre

    • Mineralisation at Amphitheatre is interpreted as generally flat lying, sandstone hosted uranium with association with proximal mafic dyke/sill units. The orientation of the mafic units is yet to be determined and requires further drilling information.
    • All DD drilling is optimally oriented to ensure the most appropriate and most perpendicular intersection angle to mineralisation as possible with respect to available drilling locations. The drilling orientation is considered appropriate with the current geological information.
    • Bias is also reduced via apexing of mineralisation in drill core where possible.
    • Limited bias is interpreted.

    RC Drilling
    Long Pocket

    • Mineralisation at Long Pocket is interpreted as generally flat lying, sandstone hosted uranium with association with proximal mafic dyke/sill units.
    • All RC drilling is optimally oriented to ensure the most appropriate and most perpendicular intersection angle to mineralisation as possible with respect to available drilling locations. The drilling orientation is considered appropriate with the current geological information.
    Sample security
    • The measures taken to ensure sample security.
    • LCR chain of custody and sample security was ensured by staff preparation of samples into checked and zip-tied polyweave bags transported by staff personnel direct to ALS Mt Isa.
    • No issues were reported or identified
    Audits or reviews
    • The results of any audits or reviews of sampling techniques and data.
    • No third-party audit or review of sampling data was conducted.

     


     

    Section 2 Reporting of Exploration Results

    (Criteria listed in the preceding section also apply to this section.)

    Criteria JORC Code explanation Commentary
    Mineral tenement and land tenure status
    • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.
    • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area.
    • Laramide Resources Ltd through its wholly owned subsidiary Tackle Resource Pty Ltd owns a 100% interest in the Westmoreland Project consisting of 2 granted and contiguous Exploration Permits for Minerals (EPMs) – EPM 14558 and EPM 14672.
    • Tenements are in excellent standing
    • Existing environmental surveys conducted to date have not identified any impediments to the project
    • Existing cultural heritage surveys conducted to date have identified areas defined as exclusion zones until further surveys and negotiations are conducted

     
    Exploration done by other parties
    • Acknowledgment and appraisal of exploration by other parties.
    • The project has been subject to exploration by a number of companies including historic operators in the early 1960 and 1970s (Queensland Mines Ltd) and several other companies throughout the 1980s and 1990s including CRA/Rio Tinto. Recent exploration has consisted of significant resource definition drilling during the period of Tackle’s tenure 2005 – present
    Geology
    • Deposit type, geological setting and style of mineralisation.
    • The Westmoreland region lies within the Palaeoproterozoic Murphy Tectonic Ridge, which separates the Palaeoproterozoic Mt Isa Inlier from the Mesoproterozoic McArthur Basin and the flanking Neoproterozoic South Nicholson Basin.
    • The oldest rocks exposed in the area are early Proterozoic sediments, volcanics and intrusives, deformed and regionally metamorphosed before 1875 Ma. These Murphy Metamorphics (Yates et al., 1962) are represented mainly by phyllitic to schistose metasediments and quartzite. They are overlain by two Proterozoic cover sequences laid down after the early deformation and metamorphism of the basement and before a period of significant tectonism, which began at about 1620 Ma.
    • The oldest cover sequence is the Cliffdale Volcanics unit, which unconformably overlies the Murphy Metamorphics. The Cliffdale Volcanics contain over 4000m thickness of volcanics of probably subaerial origin, more than half of which consists of crystal-rich ignimbrites with phenocrysts of quartz and feldspar. The remainder is rhyolite lavas, some of which are flow banded. The ignimbrites are more common in the lower part of the sequence, with the Billicumidjii Rhyolite Member occurring towards the top.
    • The Cliffdale Volcanics are comagmatic with the Nicholson Granite, and together they comprise the Nicholson Suite. SHRIMP dating of both the Nicholson Granite and the Cliffdale Volcanics gave an age of 1850 Ma (Scott et al., 1997).
    • Unconformably overlying the Nicholson Suite is the Tawallah Group (Yates et al., 1962). This is the oldest segment of the southern McArthur Basin. The base is a sequence of conglomerates and sandstones comprising the Westmoreland Conglomerate (Carter et al., 1958). The conglomerates thin out to the southeast and are in turn conformably overlain by the Seigal Volcanics (Grimes & Sweet, 1979), an andesitic to a basic sequence containing interbedded agglomerates, tuffs and sandstones. Together these units comprise about two-thirds of the total thickness of the Tawallah Group. In turn, the volcanics are overlain by the McDermott Formation, the Sly Creek Sandstone, the Aquarium Formation, and the Settlement Creek Volcanics.
    • Uranium mineralisation has been recognised in the Westmoreland region in numerous structural and stratigraphic positions. These include:
    • associated with faults and fractures in Murphy Metamorphics;
    • in shear zones in the Cliffdale Volcanics near the Westmoreland Conglomerate unconformity;
    • at the reverse-faulted contact between Cliffdale Volcanics and Westmoreland Conglomerate;
    • within Westmoreland Conglomerate about 50m above its base;
    • in Westmoreland Conglomerate in close proximity to the overlying Seigal Volcanics;
    • in association with mafic dykes and sills; and
    • in shear zones within the Seigal Volcanics.

     

    • The most important uranium deposits occur on the northern dip slope of the Westmoreland Conglomerate in situation five above. The deposits represent thicker and higher-grade concentrations of trace uranium mineralisation than is regionally common beneath the Seigal Volcanics – Westmoreland Conglomerate contact and along the flanks of the Redtree dyke zone. Mineralisation in other settings is only present in trace amounts (Rheinberger et al., 1998).
    • The deposits are associated with an altered basic dyke system intruded along faults. Mineralisation is present in both the sandstones and dyke rocks. To the north, the Westmoreland Conglomerate is overlain by the Seigal Volcanics under Recent alluvial cover.

     
    Drill hole Information
    • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes:
      • easting and northing of the drill hole collar
      • elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar
      • dip and azimuth of the hole
      • down hole length and interception depth
      • hole length.
    • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case.
    • All relevant drill hole information including locations and downhole gamma raw cps data are provided in Appendix tables within this document.
    • Drilling is reporting of exploration results only.
    • Incomplete assay information is available at time of writing.
    Data aggregation methods
    • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated.
    • Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail.
    • The assumptions used for any reporting of metal equivalent values should be clearly stated.
    • Drill assays from the 2024 drilling are not reported here.

     
    Relationship between mineralisation widths and intercept lengths
    • These relationships are particularly important in the reporting of Exploration Results.
    • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported.
    • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known’).
    • All DD drilling is optimally oriented to ensure the most appropriate and most perpendicular intersection angle to mineralisation as possible with respect to available drilling locations
    • All reported gamma results are down-hole lengths.

     
    Diagrams
    • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views.
    • See body of announcement.
    • Map present drilling locations relative to historical drilling and in context of overall project
    • Cross sections included do not present assay data but highlight basic geology and zones of currently interpreted mineralisation selected for sampling using a combination of geological logging and qualitative downhole gamma data.

     
    Balanced reporting
    • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
    • All drillhole and assay data from Westmoreland drilling to the time of update have been reported and can be accessed via www.sedar.com.
    • All results reported within this document relate to recent drilling activities. Downhole gamma data in raw counts per second (cps) is provided in Appendix. No k-factor co-efficecient is applied or any inference to eU3O8 values presented.  Gamma data supports interpretation and sampling protocols only, with >350cps considered an appropriate sampling cut-off.

     
    Other substantive exploration data
    • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.
    • No other substantive data is available

     
    Further work
    • The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling).
    • Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.
    • Additional exploration, resource, geotechnical and metallurgical drilling is proposed and required.
    • Further metallurgical test work, engineering and economic scoping to pre-feasibility studies including environmental, heritage and compliance requirements are also in preparation

     

     

    [1] Note: downhole gamma probe analysis at 10cm intervals

    [2] AusLog W450-1 downhole gamma probe used. 0.5x correction applied here for consistency and comparison to Reflex EX-Gamma. Raw cps actually 32,925cps. Refer Appendix JORC Table 1.

    [3] Note to reader, rigs utilising different gamma probes (refer details in JORC Table 1); no calculation on eU3O8 has been undertaken and probe data used to support sampling procedure.

    [4] ASX: Laramide Resources Ltd. Long Pocket and Amphitheatre Drilling Results Outline Growth Potential of Westmoreland Uranium Project, Queensland, Australia; Plans Further Drilling in 2023 (24th April 2023)

    [5] https://laramide.com/projects/westmoreland-uranium-project/

    [6] AusLog W450-1 downhole gamma probe used. 0.5x correction applied here for consistency and comparison to Reflex EX-Gamma. Raw cps actually 32,925cps. Refer Appendix JORC Table 1.

    Source: Laramide Resources Ltd.