Professional Documents
Culture Documents
Author:
Ian A Taylor,
BSc (Hons), MAIG, MAusIMM
1 SUMMARY
Background
This report is a technical review of the Miwah Gold Deposit (Miwah) located in Project in Arch
Provence, Indonesia. The drilling conducted by East Asia Minerals Corporation confirms that a
significant gold deposit exists at Miwah.
At the request of Mr Michael Hawkins, President and CEO of East Asia Minerals Corporation (East
Asia), Mining Associates Pty Ltd (MA) was commissioned in November 2010 to prepare an
Independent Technical Report and Mineral resource estimate for the Miwah Gold Project to.
Canadian NI43-101 Standards.
This report has been prepared in compliance with the requirements of the Competent Person's Report
under the AIM Note for Mining and Oil & Gas Companies using both the Australian JORC (JORC)
and the Canadian NI43-101 (NI 43-101) standards. Two months were spent on data collection and
analysis, site visits, technical work and preparation of this report.
Project
Miwah consists of three contiguous Exploration Mining Business Permits or Ijin Usaha Pertambangan
(IUP): IUP 634, IUP 635 and IUP 636. The Miwah Gold Deposit lies within IUP 634 which is located
approximately 130 km southeast of Banda Aceh. The total area of the Miwah IUP group is 30,000
hectares.
Each of the Miwah IUPs are separately held by three Indonesian companies; namely PT Bayu
Nyohoka, PT Parahita Sanu Setia, and PT Bayu Kamona Karya. Under a series of co-operative
agreements arranged in April 2007, East Asia holds 85% interest in the Project by agreeing to provide
all exploration costs up to a bankable feasibility stage. Thereafter, all parties would finance the
commercial exploitation of the deposits in proportion to their equity interest; or dilute to a 7% net profit
Page 2 of 107
interest. East Asia is the sole manager and operator of the project so long as it fulfils its funding
obligations to earn more than 50% interest in the project.
The property is accessed via major national highways to the nearest city, Takengon, and then 50 km
via a sealed national road to Geumpang. From the village of Geumpang, it is a 9 km walk or short
helicopter flight to the Miwah Camp
History
Historically the Miwah Gold Prospect was partially defined by approximately 3,100 metres of drilling in
thirteen holes by a previous explorer in 1997. One historical hole was twinned by East Asia, the
results of which indicate that the historic drill results suffer from down hole smearing, either from poor
drilling practices or poor sample preparation. The 13 historical holes were utilised for identifying
footwall and hanging wall boundaries however the assay data was considered unsuitable for grade
estimation, but in areas of low sample coverage, 5 holes were used in the inferred category resource
estimation.
Geology and Mineralisation
Mineral occurrences within Sumatra appear to be associated with at least three magmatic arcs: the
middle to late Cretaceous Sumatra-Meratus arc in the centre; the Neogene (Miocene-Pliocene)
Sunda-Banda arc along the western coastal range of Sumatra; and the arcuate Neogene Aceh arc
present only in northeastern Sumatra. The Neogene Aceh arc hosts the Miwah high-sulphidation
epithermal gold mineralisation and other epithermal and porphyry copper-gold occurrences at Butung,
Tangse, Pisang Mas, Sable, Woyla, Abong, Takengon and Barisan.
The Miwah gold deposit is hosted in a sequence of Plio-Pleistocene andesitic volcanic rocks located
east of the Sumatra Fault System on the southern flank of the Sague Volcanic Centre. The host rocks
are shallow dipping andesitic to dacitic lavas, tuffs, and agglomerates of the Leuping Volcanics.
The volcanics, domes, dikes and diatremes have been altered by extensive advanced argillic - argillic
alteration which is zoned from: central vuggy to dense quartz-rutile-pyrite, quartz-alunite, through
marginal zones of quartz-kaolinite, low temperature illite-smectite, to peripheral chlorite/chloritesmectite assemblages. This alteration overprints earlier propylitic, and locally phyllic, alteration.
The Miwah Gold Prospect is categorised as a high sulphidation gold deposit, similar to the Martabe
gold-silver deposit currently being development south of Miwah. Like Martabe, Miwah is located in
North Sumatra in the Sumatra Fault Zone along regional strike from Martabe and in a very similar
volcanic setting with an alteration system of a comparable size.
Exploration
East Asia undertook an exploration programme involving some 16,300m of drilling between June
2009 and March 2011 to define the gold deposit. Sample protocols, including sample methodology,
preparation, analysis and data verification have been conducted in accordance with industry
standards using appropriate quality assurance/quality control procedures since the inception of East
Asias work in 2008 under the direct supervision of the Geology Manager Mr Marcilinus PHS. MA was
impressed with the high level of professionalism with which the field programs were organised and
executed.
East Asia commenced drilling in June 2009 and at the effective date of this report, have completed 71
diamond core holes (EMD001 to EMD066 and SMD001, including four holes which collapsed and
were re-drilled) totalling 16,300m. A total of 11,931 core samples have been analysed for Au using
Fire Assay, Ag Cu and 31 additional elements are determined with an aqua regia acid digestion. In
July 2010 MA conducted independent sampling of EAM drill core. (Verification of Drill Core Sampling
August 2010). A total of 5728 samples (48%) reported over 0.2g/t Au assay values. Sixty-nine (69)
East Asia diamond core holes have intersected mineralisation and inform the block model.
The East Asia drill holes were planned to test depths and horizontal extents of the gold mineralisation
discovered at Miwah. Drilling to date has identified a near surface ore body that has known extents of
Page 3 of 107
1,300 metres east-west by 400 metre north-south. The known northerly extent increases to 600
metres at depth.
The gold mineralisation at Miwah occurs as a series of stacked lodes down to 300 metres below the
summit of the hill that defines the Miwah Main Zone. Eight individual lodes have been identified. The
dominant shallow dip (10 to 15 degrees) of the lodes is northerly toward Moon River where the
extents of the ore body remain open. Although many of the lodes are constrained by topography to
the south and east, the lowest identified lode continues below the valley to the east, open laterally.
The known western extent of mineralisation is offset by the Camp Fault. The mineralisation west of
Camp Fault has been modelled but additional drilling is required to determine if further faulting has
offset the lodes, in particular downward faulting as the mineralisation west of Camp Fault is deeper
than expected.
The upper lodes are topographically constrained to the east however the lower lodes may extend
below the southern cliff to South Miwah Bluff where shallow (near surface) mineralisation may be the
surface expression of one of the lower lodes. Unmineralised zones between the lodes are very thin
between the upper lodes, often only a metre or two in thickness; however at depth, the unmineralised
zones separating the lodes are thicker, up to 30 metres in places.
Metallurgy
Preliminary metallurgical test work on composite drill core samples undertaken in 1997 by a previous
explorer indicated gold recoveries of 63% to 84% from cyanidation testing of six samples of oxide and
mixed oxide material. East Asia has had petrological studies carried out on drill core samples from
Miwah Bluff, Block M and South Miwah Bluff that suggest the Miwah gold deposit metallurgy is
complex but not detrimentally so. Several phases of gold mineralisation have been postulated with
native gold, and gold and silver tellurides/selenides associated with each phase. The main stage
sulphide mineralisation also contains grains of native gold and solid solution tellurides associated with
enargite minerals. East Asia noted that as the petrological studies indicate that as gold is typically
present as free gold, the ore is not likely to be refractory. The other late stage gold mineralisation and
oxide supergene enrichment phases contain cyanide amenable fine-grained gold which would appear
to be metallurgically straightforward.
Ore Resource Estimate
MA completed a resource estimate from first principals and suggests that the cut-off grade of 0.2 g/t
Au is appropriate for this scale of deposit. The estimation has defined Inferred category mineral
resources of 103.9 Mt at a grade of 0.94g/t gold (Au) and 2.68g/t silver (Ag) for a contained 3.14
million ounces (Moz) of gold and 8.95 Moz of silver above a cut-off grade of 0.2 g/t gold. Un-capped
estimates returned 103.9 Mt of 0.98g/t Au and 2.99g/t Ag.
Miwah Gold Project Mineral Resource Estimate 2011
Grade
Contained Metal
Resource
Tonnage
Au
Ag
AuEq*
Au
Ag
Au* Eq
Category
(Mt)
(g/t)
Ag (g/t)
(g/t)
(Moz)
(Moz)
(Moz)
Inferred
103.9
0.94
2.68
0.98
3.14
8.95
3.28
Un-capped
103.9
0.98
2.99
1.03
3.27
9.99
3.43
* AuEq formula below in Notes
Page 4 of 107
Miwah contains the following Inferred Mineral Resources listed according to by cut-off grade:
Cut-Off
Grade
Au (g/t )
>0.2
>0.4
>0.6
Tonnage
(Mt)
103.9
84.9
61.1
Grade
Ag
Ag (g/t)
2.68
2.96
3.36
Au
(g/t)
0.94
1.08
1.31
Contained Metal
Au
Ag
Au* Eq
(Moz)
(Moz)
(Moz)
3.14
8.95
3.28
2.95
8.09
3.07
2.57
6.60
2.68
AuEq*
(g/t)
0.98
1.13
1.36
The grade tonnage curve indicates that the available tonnage is highly sensitive to cut-off grade. The
reported cut-off grade is stated at 0.2 g/t Au and small variances in cut-off grade result in large
variances in tonnage.
Millions
GradeTonnageCurves
120
3.00
106
104
2.72
100
Cum.Tonnes
cum.Augrade
2.50
2.43
2.12
80
2.00
Tonnes
1.83
61
1.56
60
1.31
1.50
43
1.08
40
0.94
1.00
31
0.92
HeadGrade(aug/t)
85
22
16
20
12
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.00
0.0
0.50
CutoffGrade(Aug/t)
The analysis and validation of the model was guided by geology, informing data, statistical measures,
and by check reporting and confirmation through comparison with ongoing diamond core drilling by
East Asia during the modelling process.
Notes to accompany the Miwah Inferred Resource Estimate
The Miwah tenements are owned by 3 Indonesian companies PT. Bayu Kamona Karya, PT.
Parahita Sanu Setia and PT. Bayu Nyohoka. In 2007 East Asia Minerals Corporation
obtained rights to 85% of the Miwah Project from these companies via a series of joint
venture, funding and loan agreements.
The mineral resource estimate is based on all drillholes, 71 core holes totalling 16,300
metres.
MA did not conduct any audit of the data or sample collection of the historic drilling. MA
analysed a twinned pair of holes and the results of this limited investigation indicate that
historic drill results suffer from down hole smearing. Historic data was only used where
insufficient East Asia data existed, and was only used to aid the estimation of inferred
resources.
Page 5 of 107
MA has reviewed the East Asia procedures and visited site during the course of the current
East Asia drill programme.
The inferred resource included East Asia gold assays and assays from five historical holes in
areas where East Asias data was insufficient.
The geological resource is constrained by block with footwall and hanging wall digital terrain
models. Hanging wall and footwall definition is based on channel samples, drillhole logging of
alteration, a minimum core sample grade of 0.2g/t Au, and includes minor internal dilution.
Each block can only belong to one domain.
Drill intercepts within each lode are flagged in a database table and composited to 2m
downhole giving 3,905 informing composited samples from drillholes.
A gold grade cap was applied to informing composites. Gold grades were capped at between
98.5 percentile and 99 percentile. Capped grade ranged from 1.73 (low grade domain) to
20.0 g/t (high grade domain).
Density was determined on 1,122 samples throughout the ore body using the emersion
method. Bulk density is related to the oxidation state of the rock. The Miwah geologists have
logged four oxidation states between totally oxidised to un-oxidised fresh rock. The oxidation
states of each block were estimated using indicator kriging. Density was assigned based on
the proportion of each oxide state in the block. The average bulk density of all material types
is 2.39.
Block model block size selection of XYZ 12.5 by 12.5 by 2.5m for both 3D and unfolded block
models. No sub-blocking was implemented, a 25 by 25 by 10m unfolded block model was run
as a cross check. The model was screened for topography by block.
Grade was interpolated into a constrained block model in unfolded space by domain using
Ordinary Krige estimation in two passes with parameters based on directional variography by
domain. Estimates were validated against informing samples and with nearest neighbour and
inverse distance squared, and Ordinary Kriging block estimation in 3D space. The block
model was also checked against recent East Asia drilling.
Informing samples were composited to two metres within geological boundaries. A minimum
of 5 composites for the dominant domains and 3 composites for the deeper domains and all
domains a maximum of 18 composites were used in the grade estimation of any particular
block. 88 percent of blocks are informed by 18 composites.
Blocks were informed using anisotropic search ellipses as defined by variograms ranges, in
three directions. Variograms were defined for the three dominant domains for both gold and
silver, silver variograms were less robust than gold variograms. Orientations were generally
060 with semi-minor axis orientated to 330 degrees. Variograms are horizontal due to the
unfolding process. The major axis radius ranged from 200 to 400 metres. The majority of
search ellipses where set at 260m for gold and 200m for silver, with a major to semi-major
axis ratio of 2 and a major to minor axis ratio of 4. Anisotropy was much tighter in the high
grade domain.
All resources have been classification as Inferred; MA has checked East Asias QA/QC data,
and independently sampled East Asia core (quarter core). Drill hole collars can be identified
in the field and recent East Asia Drilling has confirmed the presence of a large low grade gold
deposit at Miwah.
Lower cut off grade of 0.2 g/t gold was applied to blocks in reporting the resource estimates.
Gold equivalents have been calculated assuming the two year trailing average metal prices
and used a gold price of $US1,185.37 per ounce, and a silver price of $US20.01 per ounce,
for a silver to gold equivalency ratio of 56.42:1. Au Recovery is assumed 95% and Ag
recovery is assumed 85%
*AuEqu formula = Au Est + (Ag Est *( Ag price/Au price)*(Ag recovery/Au recovery)) =
Au Est + Ag Est * 0.01586
Reported tonnage and grade figures have been rounded off to the appropriate number of
significant figures to reflect the order of accuracy of an inferred estimate. . Minor variations
may occur during the addition of rounded numbers.
Page 6 of 107
Miwah Mineral Resource Estimate 2011 Section Slice of Miwah Block Model
Page 7 of 107
Recommendations
MA notes that it is the intention of East Asia to continue drilling at Miwah with the view to increase the
size and confidence in the resource.
The following recommendations have been made based on the technical review and the mineral
resource estimate for the Miwah Gold Project:
1. QA/QC procedures could be improved by the following:
a.
submission of coarse and fine reject duplicate samples;
b.
make full use of the gold and base metal standards to check silver and copper results
2. Expand resource to the north in the Moon River area;
3. Explore the potential continuation of lower lodes through to South Miwah Bluff;
4. Test the east and west extensions of the main block as defined in the resource;
5. Explore for satellite deposits with in the 5 km radius of the Miwah resource;
6. Update Miwah resource estimation increasing tonnes and confidence levels.
Work Program & Budget
East Asia has developed a US$ 4.1M budget for an on-going work program designed to upgrade the
resource category of the Miwah deposit, and outline extensions and new areas of gold mineralisation.
The specific objectives are to:
1. Expand resource to the north in the Moon River area.
2. Explore South Miwah Bluff and both the east and west extensions to the main block as
defined in the resource.
3. Explore for satellite deposits with in the 5 km radius of the Miwah resource.
4. Update Miwah resource estimation.
Miwah Budget July to December 2011
Activity
Drilling (11,000 metres: 8,800m Moon River , 1,100 South Miwah
Bluff, 1,100m other).
Helicopter support
Assays
Metallurgical Studies
USD
1,300,000
960,000
418,000
120,000
1,296,100
4,094,100
MA considers the budget reasonable for the work planned and sufficient to achieve the objectives in
the time frame.
Ian Taylor
Brisbane, Australia
Effective Date: 05 May 2011
Page 8 of 107
TABLE OF CONTENT
1
SUMMARY ..................................................................................................................................... ii
Terms of Reference............................................................................................................. 13
Purpose ............................................................................................................................... 13
Information used.................................................................................................................. 13
Qualified Persons ................................................................................................................ 14
5
ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND
PHYSIOGRAPHY ................................................................................................................................. 21
5.1
5.2
5.3
5.4
6
HISTORY...................................................................................................................................... 25
6.1
6.2
6.3
6.4
GEOLOGICAL SETTING.............................................................................................................27
7.1
7.2
Access ................................................................................................................................. 21
Climate................................................................................................................................. 21
Infrastructure ....................................................................................................................... 22
Physiography....................................................................................................................... 22
Geological Model................................................................................................................. 34
Miwah High Sulphidation Gold-Copper ............................................................................... 38
MINERALISATION....................................................................................................................... 39
9.1
Mineralisation style .............................................................................................................. 39
9.1.1 Alteration ......................................................................................................................... 42
9.1.2 Other Prospects within Miwah Tenements...................................................................... 43
9.2
Host rocks............................................................................................................................ 45
9.3
Controls ............................................................................................................................... 45
9.4
Dimensions & Continuity ..................................................................................................... 47
9.5
Discussion ........................................................................................................................... 47
10
EXPLORATION............................................................................................................................ 47
10.1
East Asia Exploration .......................................................................................................... 47
10.1.1
Team ...........................................................................................................................48
10.1.2
Rock Sampling ............................................................................................................ 48
10.1.3
Results ........................................................................................................................49
10.1.4
Petrological Studies .................................................................................................... 50
10.1.5
Geophysics ................................................................................................................. 52
10.2
Discussion ........................................................................................................................... 53
11
DRILLING..................................................................................................................................... 54
Page 9 of 107
11.1
11.2
11.3
11.4
12
13
15
Methods ............................................................................................................................... 58
Extent of Sampling .............................................................................................................. 61
Recovery and quality ........................................................................................................... 61
Discussion ........................................................................................................................... 61
14
ADJACENT PROPERTIES.......................................................................................................... 69
17
Page 10 of 107
19
20
RECOMMENDATIONS................................................................................................................96
21
REFERENCES ............................................................................................................................. 97
23
22
23
24
25
Figures
FIGURE 1: REGIONAL LOCATION MAP ....................................................................................................... 15
FIGURE 2: MIWAH PROJECT TENEMENTS .................................................................................................. 15
FIGURE 3: MIWAH PROSPECTS: MIWAH (INCLUDES MOON RIVER), SOUTH MIWAH BLUFF, SIPOPOK ............ 17
FIGURE 4: HATFIELD ENVIRONMENTAL STUDY BASELINE STUDY MAP ........................................................ 20
FIGURE 5: PROJECT LOCATION, LOCAL ACCESS........................................................................................ 21
FIGURE 6: RAINFALL, TEMPERATURE AVERAGES FOR TAKENGON, ACEH, SUMATRA ................................... 22
FIGURE 7: MIWAH PHYSIOGRAPHY ........................................................................................................... 23
FIGURE 8: MIWAH PHYSIOGRAPHY ........................................................................................................... 23
FIGURE 9: SEISMIC HAZARD MAP ............................................................................................................. 25
FIGURE 10:: TECTONIC MAP OF SUMATRA, INDONESIA ............................................................................... 28
FIGURE 11: SIMPLIFIED GEOLOGY OF SUMATRA. ....................................................................................... 29
FIGURE 12: SIMPLIFIED GEOLOGY OF SURROUNDING MIWAH...................................................................... 30
FIGURE 13: MINERALISED MAGMATIC ARCS AND MINERAL DEPOSITS OF SUMATRA ...................................... 31
FIGURE 14. DIAGRAM OF THE SETTINGS OF THE DEPOSIT TYPES ................................................................ 35
FIGURE 15. METAL ZONING FROM MINERALISING EVENT. NOTE POSITION OF MIWAH ON LEFT. ..................... 37
FIGURE 16. PHREATOMAGMATIC (DIATREME) BRECCIA. ............................................................................. 38
FIGURE 17: CONCEPTUAL LONG SECTION OF MIWAH. ............................................................................... 39
FIGURE 18: SCHEMATIC CROSS SECTION THROUGH HOLES EMD001, EMD002, MIWAH BLUFF ................. 40
FIGURE 19: INTERPRETED DISTRIBUTION OF ALTERATION FACIES FROM GEOLOGICAL MAPPING .................... 41
FIGURE 20: SIPOPOK CHANNEL SAMPLING RESULTS NOVEMBER 2010 ................................................... 44
FIGURE 21: LINEAMENT STUDY ................................................................................................................ 46
FIGURE 22: STRUCTURAL INTERPRETATION OF RADARSAT IMAGING ........................................................... 47
FIGURE 23: LOCATION AND RESULTS OF ROCK-SAWN CHANNEL SAMPLES AND OTHER SURFACE SAMPLING ... 49
FIGURE 24: RE-INTERPRETATION OF HISTORICAL GEOPHYSICAL DATA ........................................................ 52
FIGURE 25: RE-INTERPRETATION OF HISTORICAL GEOPHYSICAL DATA ........................................................ 53
FIGURE 26: EAST ASIA DRILL COLLARS EMD001 TO EMD071 ................................................................. 54
FIGURE 27: PT ANTERO INDODRILL AD200 DRILL RIG (ID-350D) ............................................................. 55
FIGURE 28: CHANNEL SAMPLE ................................................................................................................. 58
FIGURE 29: STRAPPED CORE TRAY READY FOR PORTING TO THE CORE PROCESSING FACILITY..................... 59
FIGURE 30: CORE LOGGING FACILITY ....................................................................................................... 59
FIGURE 31: CORE STORAGE SHED ........................................................................................................... 59
FIGURE 32: CORE SAWS (DIMAS 5.5HP GASOLINE-POWERED DIAMOND CORE SAW) ................................... 60
FIGURE 33: WEIGHING CORE FOR IMMERSION METHOD ............................................................................ 61
FIGURE 34: FLOW CHART FOR INTERTEK SAMPLE PREPARATION PROCEDURE. .......................................... 63
FIGURE 35: ALL MIWAH CERTIFIED REFERENCE MATERIAL ........................................................................ 64
FIGURE 36: SUBMITTED BLANK SAMPLES (CONTROL MATERIAL SORTED BY GRADE) .................................. 65
FIGURE 37: ADJACENT PROPERTIES ......................................................................................................... 69
FIGURE 38: CENTURION ADJACENT PROPERTIES ...................................................................................... 70
FIGURE 39: TRM ADJACENT PROPERTY ................................................................................................... 71
FIGURE 40: MIWAH FOLDED BLOCK MODEL AND INFORMING SAMPLES........................................................ 74
Page 11 of 107
Page 12 of 107
2.2 Purpose
East Asia intends that this report be used as an Independent Technical Report as required under Part
4 Obligation to File a Technical Report, of Canadas National Instrument 43-101 Standards of
Disclosure for Mineral Projects (NI43-101).
At East Asias request, the scope of MAs inquiries and of the report included the following:
Page 13 of 107
statements and diagrams in this report are based on the best information available at the time, but
may not necessarily be absolutely correct. Such statements and diagrams are subject to change or
refinement as new exploration makes new data available, or new research alters prevailing geological
concepts. Appraisal of all the information mentioned above forms the basis for this report. The views
and conclusions expressed are solely those of MA. When conclusions and interpretations credited
specifically to other parties are discussed within the report, then these are not necessarily the views of
MA.
Page 14 of 107
Page 15 of 107
Holder
IUP 636
IUP 635
IUP 634
PT Bayu Nyohoka
PT Parahita Sanu Setia
PT Bayu Kamona
Date
Granted
30 Nov 2006
29 Nov 2006
29 Nov 2006
Area, ha
10,000
10,000
10,000
Conversion
to IUP
November 2009
November 2009
November 2009
96
96
96
96
27
47.59
4
20
43.54
4
20
43.54
4
27
47.59
4
IUP 636 (KP 06NOP003)
96
20
43.54
4
96
13
54.07
4
96
13
54.07
4
96
18
37.12
4
96
18
37.12
4
96
20
43.54
4
47
47
51
51
0.95
0.95
9.04
9.04
47
47
52
52
51
51
46.95
46.95
28.5
28.5
9.04
9.04
Ref.
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
96
96
96
96
96
96
96
96
96
96
96
96
96
96
7
13
13
15
15
15
15
14
14
13
13
13
13
7
59.99
54.08
54.08
48.72
48.72
17.55
17.55
36.99
36.99
45.67
45.67
0.01
0.01
59.99
4
4
4
4
4
4
4
4
4
4
4
4
4
4
53
53
47
47
47
47
47
47
46
46
46
46
49
49
23.46
23.46
46.95
46.95
38.26
38.26
20.85
20.85
51.94
51.94
23.29
23.29
0
0
The KPs KP06NOP002, KP06NOP003 and KP06NOP004 (Mining Authorisations for Exploration;
Kuasa Pertambangan or KP) were granted in November 2006 for 3 years. In March 2009 the
Directorate General of Mineral, Coal and Geothermal (DGMCG) issued a memo number
1053/30/DJB/2009 requiring compliance with the new Mining Law number 4 whereby all existing and
valid KPs must be converted automatically to the new mining license called Izin Usaha Pertambangan
(IUP). On July 31st 2009, East Asia and the Miwah KP holders received a copy of the memo from
the DGMCG to the Pidie Regency that stated that the Miwah licences could be converted to IUPs
according to the new mining law.
Each of the Miwah KPs were separately held by three Indonesian companies; namely PT Bayu
Nyohoka (KP No. 06NOP003 = IUP 636), PT Parahita Sanu Setia (KP No. 06NOP004 = IUP 635),
and PT Bayu Kamona Karya (KP No. 06NOP002 = IUP634). All three KPs were converted to
Exploration Mining Business Permits (Izin Usaha Pertambangan or IUP) in November 2009 (IUP 634,
IUP 635 and IUP 636).
Under a series of co-operative agreements, entered into with the three aforementioned KP holders in
April 2007, East Asia has an 85% interest in the Project by agreeing to provide all exploration costs
up to a bankable feasibility stage. Thereafter, both parties would finance the commercial exploitation
of the deposits in proportion to their equity interest. Alternatively should a KP holder opt not to
participate in the funding then its interest would be diluted to a 7% net profit interest. East Asia is the
sole manager and operator of the project so long as it fulfils its funding obligations to earn more than
50% interest in the project.
Centurion Minerals Ltd (CML) has entered into a financial partnership with PT Bayu Kamona Karya
(BKK), the Indonesian company holding a 15% interest in the IUP 634 (formerly-KP No. 06NOP002)
that hosts the Miwah deposit.
Centurion has the right of first refusal to fund the obligations associated with the BKK Miwah IUP
Agreement and will receive 72% of the benefit that the IUP Holder receives (equivalent to 10.8 %
direct interest) from the Joint Venture Company formed with respect to the Miwah property. To
Page 16 of 107
maintain its interest, an initial series of staged payments will be made by CML totalling $3.25 million, 1
million CML shares and 1 million warrants. Additional payments are linked to a series of milestone
achievements leading up to mine construction.
The status of the tenements has not been independently verified by MA.
Figure 3: Miwah Prospects: Miwah (includes Moon River), South Miwah Bluff, Sipopok
(RTP Aeromagnetic Image Source: East Asia, 2009)
4.3 Royalties
Under the new regulations, mining companies operating in so-called state reserve areas (WPN or
Wilayah Pencadangan Negara) under an IUPK or special business mining permit must allocate an
additional 10 percent of their net profits to the government, 4 percent of which will go to the central
government and 6 percent to local administrations.
Entities or individuals that carry out mining activities under IUPs or IUPKs are required to pay central
taxes (including income tax and other centrally administered taxes, as well as import / customs
duties), non-tax state revenue (principally royalties, dead rent and exploration contributions) as well
as regional taxes and retributions.
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is convertible into a production IUP for an initial period of 20 years and extendable for a further 20
years UP provides long-term security of tenure. The granting of the IUP follows the proclamation in
2009 of the new law on mineral and coal mining in Indonesia. The new law removes the historical
restrictions on direct foreign ownership in Indonesian mines.
The changing of mining tenements in 2009 allows full foreign ownership. Under the new system
introduced in 2009, full foreign ownership is permitted, local authorities (ie Aceh province) are
responsible with the Mines Department co-ordination.
The following description of the Indonesian Mining law was extracted from An Overview of the
Recent Implementing Government Regulations, Asia Legal Business (March 2010).
The New Mining Law, No. 10 of 2004 replaced Law No. 11 of 1967. The President approved the New
Mining Law on January 12, 2009 (Law No. 4/2009). The new laws introduced a new mining licensing
system that replaces both mining authorizations (Kuasa Pertambangan, KPs) that were only available
to wholly owned Indonesian companies as well as contracts of work (CoWs) and coal contracts of
work (CCoWs). The government issued two regulations effective 1 February 2010 that have gone
some way to assisting in the implementation and clarification of Law No.4/2009. These regulations
were:
KPs issued under the old mining regime and CoWs/CCoWs entered into before Law
No.4/2009 will be honoured until they expire (with certain adjustments to be made).
Existing KP holders must convert their KPs into IUPs.
Those who had applied for a KP before the enactment of Law No. 4/2009 and obtained an
area reservation (pencadangan wilayah), will have their application processed as an IUP
without the requirement for public auction
WPs can be designated as mining business areas (Wilayah Usaha Pertambangan, WUPs),
state reserve areas (Wilayah Pencadangan Nasional, WPNs) (both of which will be
determined by the Minister of Energy and Mineral Resources) and peoples mining areas
(Wilayah Pertambangan Rakyat, WPRs) (which will be determined by the local regent or
mayor).
A WUP may be categorized into 5 types, namely, radioactive, metallic mineral, coal, nonmetallic and/or rock WUPs. After categorisation has been carried out, the WUP can be
determined to be a mining business licence area (Wilayah Izin Usaha Pertambangan, WIUP)
and be issued with an IUP.
Regulation No.23/2010 provides the following clarification on the issuance of IUPs and the auction
process.
An IUP will only be issued after a WIUP has been granted. In respect of metallic minerals
and coal, an auction process must be carried out with the winner of the auction being granted
the WIUP. To qualify to bid, bidders must be entities established and domiciled in Indonesia,
cooperatives or Indonesian citizens. It would therefore appear that foreign investors may only
participate in an auction through a foreign investment company (PMA company).
The successful bidder must then apply for an IUP within five business days of the
announcement of the winner of the public auction. Failure to do so will result in the
successful bidder being deemed to have withdrawn from the bid and forfeiting any bond paid
as part of the bidding process.
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Relinquishment
Regulation No.23/2010 provides greater detail concerning the areas to be progressively reduced as
part of the relinquishment process under Law No.4/2009. It is now clear that an exploration IUP has
the following area and time limits:
a maximum of 50,000 hectares (for metals) and 25,000 hectares (for coal) for a WIUP in the
fourth year of exploration;
a maximum of 25,000 hectares (for metals) for a WIUP in the eighth year at the end of
exploration or the commencement of production-operation;
and a maximum of 15,000 hectares (for coal) for a WIUP in the seventh year at the end of
exploration or the commencement of production-operation.
Divestment
Regulation No.23/2010 provides some clarity regarding the scope of divestment obligations
under Law No.4/2009.
The level of domestic ownership required through divestment must be a minimum of 20%,
effective 5 years after the commencement of commercial production and cannot be diluted
through subsequent capital increases.
There is a procedure that must be followed to divest shares so that 20% local ownership can
be achieved. The divestment shares must first be offered to the central and the relevant
regional government. If the central government or the regional government declines such
offer, the divestment shares must then be offered to state owned and regional entities and if
such entities decline, then offered to private entities. The offer to the stated owned entities,
regional owned entities and private entities is made through a tender process.
Contracting Out
Regulation No.23/2010 provides some scope for a holder of a Production Operation IUP to contract
out processing, refinery, sales and transportation activities to another party to perform those activities.
However, only a holder of a specific Production Operation IUP for processing and refining may
process ore and refine minerals.
Domestic Market Obligations
Regulation No.23/2010 clearly reinforces domestic market obligations (DMO) for holders of
Production Operation IUPs in respect of minerals and/or coal.
The earlier issued Ministerial Regulation No.34 of 2009 on Prioritisation of Domestic Mineral and Coal
Supplies (Ministerial Regulation No.34/2009) requires mining companies to sell a certain percentage
of their production to domestic users.
Neither Ministerial Regulation No.34/2009 nor Regulation No.23/2010 sets out the new minimum
pricing structures for sales of coal and other minerals or how these will be set in practice. Ultimately
these matters are to be determined by the Minister of Energy and Mineral Resources in a follow-up
regulation.
While Regulation No.22/2010 and Regulation No.23/2010 go some way towards addressing the
concerns and uncertainty of Law No.4/2009 and its operation, further implementing regulations are
required to be issued.
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care of the Transmigration Department. The existing forestry and mining laws allow for the exploration
and exploitation of mineral deposits within these categories of protected forests.
There are 3 types of forest areas: Conservation, Protected and Production. In September 1999, a new
Forestry Law 41 was enacted which states that no mining activities are permitted in Conservation
Forest, while all mining activities are permitted in Production Forest and only underground mining
activities are permitted in Protected Forest. In March 2004, the 1999 Forestry Law was amended by
an Emergency Government Regulation which now permitted open cut mining activities in Protected
Forests for pre-existing licenses. The IUPs at Miwah were granted in 2006 which falls outside the time
frame permitting open cut mining operations under the amended Forestry Law.
An additional law was passed in 2010, Government Regulation No. 24 re Utilization of Forest Areas
(GR 24/2010). This ruling specifies that mining is allowed with a Rent-Use Permit from the Ministry
of Forestry which is valid for 2 years extendable periods, i.e. the same as the period for the mining
authority license. There is a compensation requirement with the permit: when the area of Forest is
less than 30% of the total Provincial land area, then the holder must provide compensation land in the
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ratio 1:1 for non-commercial purposes and 1:2 for commercial purposes. If the area is greater than
30%, the holder must pay non-tax State Revenues on Forest area utilization and conduct reforestation activities in the ratio or 1:1. The Rent-use Permit is not transferable without Ministry of
Forestry approval. In May 2011 a presidential regulation (Peraturan Presiden) number 28 year 2011
was issued allowing for underground mining within protected forest classifications modifying Forestry
Law 41 and Government Regulation 24 year 2010 regarding forest use.
5.2 Climate
Temperatures at Miwah range from 15oC at night to around 25oC during the day. In excess of 300 mm
of rain is received per month averaged over a year. According to Hatfield (2007), the Miwah
exploration area is above 2000 m elevation and there were no available climate data for this remote
site. Neighbouring areas at an approximate average elevation of 750 m above mean sea level
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average 15 rainy days and 300 mm rainfall per month, based on Ministry of Meteorology (BMG) data.
Temperatures range from 22 - 26C with a relative humidity of 80%. The Miwah block can be
expected to have higher rainfall and lower average temperatures than these areas.
Figure 6 shows the rain and temperature averages for Takengon which is approximately at 1280m
elevation. It receives over a metre of rain on average annually.
5.3 Infrastructure
The project area falls within the Pidie Regency. The regency had a population of 479,411 people in
2000. Pidie is one of the largest rice producing area of Aceh province, producing some 20% of its
total output. The Miwah area is 50km northwest from Takengon, the capital of the Central Aceh
Regency located on Lake Laut Tawar. This regency had a population of 177,631 people in 2000. It is
the main centre of coffee production within Aceh province and is home to the Gayo people who are
mostly concentrated in this regency and in the southeast Aceh.
Infrastructure in the immediate region is relatively poorly developed. The sealed road and power grid
ends at Geumpang village. The local power grid is reasonably well developed but is prone to
disruption by landslips and falling trees particularly during the rainy season.
Most major exploration equipment has to be brought in from Medan located some 500 km by road
from Geumpang village. Most other supplies can be sourced in Banda Aceh. Porters carry most
materials to the field camp on a regular basis. Rock and core samples are carried on the return
journeys to Geumpang. Heavy equipment, such as fuel drums and drilling equipment, is lifted to site
by helicopter when required
5.4 Physiography
The prospect topography is steep and rugged at elevations ranging of 1,500 m to 2,000 m above sea
level (Figure 7). The area is mostly covered by rain forest and secondary regrowth tropical
vegetation.
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As above, Hatfield in their baseline environmental study noted that the vegetation cover in the Miwah
area in the central and eastern tenements, as determined from provincial forestry maps and Landsat
composite images, comprises mixed-use status forest category as well as limited protection forest
category. The western tenement is situated in village farmland category under the care of the
Transmigration department.
Volcanic & Seismic Activity
There are 2 active volcanoes in the region; the Peut Sague volcano and the Bur ni Telong volcano
(Figure 8).
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Peut Sague
Peut Sague is an active strato volcano with a summit at about 2,780 m height approximately 8 km
north of the Miwah central tenement. The first recorded eruption took place between 1918 1921.
Recent eruptions commenced in 1998 when an ash eruption was spotted by a pilot of the Garuda
Indonesia airline. Eruptions have been recorded from 1999 through to 2001 (when it erupted a
number of times). Ash from the 2000 eruption was spread over a relatively large area. Reports of
ashfall was occurred on Geumpang, Lutung, Mane and Bangke villages, up to 20 km (12.5 miles)
away. A glowing lava flow at night was also reported. The 2000 eruption was estimated at scale 2 on
Volcanic Explosivity Index (0 to 8, based on how much volcanic material is thrown out, how high the
eruption goes, and how long it lasts). (http://en.wikipedia.org/wiki/Peuet_Sague).
Bur ni Telong
Bur ni Telong is approximately 60 km west of the Miwah Prospect. It is located the southern base of
the massive Bur ni Geureudong volcanic complex, one of the largest in northern Sumatra. The
historically active Bur ni Telong volcano has grown to a height of 2,624 m. Explosive eruptions were
recorded during the 19th and 20th centuries.
Seismicity
The Aceh region is seismically active (Figure 9). Activity on the undersea component of this tectonic
system at the plate margins (300 km offshore) was responsible for the infamous 9.2 magnitude
Sumatra-Andaman (Christmas) earthquake and tsunami that devastated the southern coast of
Sumatra, Phuket, Sri Lanka, India and various islands in the Indian Ocean on 26 December, 2004.
This fault system is very active and more recent earthquakes of 8.7 magnitude (28 March, 2005) and
6.1 and 6.3 magnitude (6 March, 2007) have occurred off the western coast of Sumatra (WGM, 2010).
Much of the thrust-fault plate boundary offshore of Sumatra has ruptured in a sequence of great
earthquakes since 2000. Although the effect of these earthquakes is to reduce stress on much of the
thrust fault boundary, continuing readjustments of stress and associated aftershocks are expected
around the edges of the rupture zones. Geodetic and geologic observations imply that much of the
elastic strain that accumulated on the plate boundary since the early 19th century has not yet been
released in the shocks that have occurred in the region since 2000. The exact timing of future
earthquakes cannot be specified (http://earthquake.usgs.gov/hazards/).
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6 HISTORY
6.1 Discovery and Ownership
The discovery of Miwah has been documented by Williamson & Fleming (1995), Corbett & Leach
(1997) and more recently by Meldrum (2009) and Royle (2009).
During the 1930s alluvial gold was worked on a modest scale from Pameue, as well as the Reungeut
and Meugeurincing Rivers, near Anu, approximately 28km downstream of Miwah. Along the Woyla
Rivers below Anu, alluvial gold was won by local miners for a further 27km downstream of Tutut,
when an alluvial gold dredging operation was in operation until the 1990s.
From 1975 to 1980, a joint Government British and Indonesian geological team under the North
Sumatra Project delineated many significant geochemical anomalies in stream sediments and rocks in
and around the tenement. Further inter-government sponsored regional surveys were undertaken
1984-88 and described the presence of strongly propylitised and silicified Leuping Volcanics, now
known to be the host unit to Miwah mineralisation.
Between 1990 and 1995 a number of companies such as PT Krueng Mesen prospected the Miwah
area. It was during the course of these conventional regional reconnaissance surveys that the Miwah
High Sulphidation epithermal system was discovered in the early 1990s. The discoverers followed
altered and gold mineralised boulders from Tutut for more than 45km up the Woyla, Pameue, and
Blang Miwah Rivers back to source. Subsequently the discovery became part of the Contract of Work
(CoW) area of PT Miwah Tambang Emas (MTE), a joint venture company between Australian
Highlands Gold and local company PT Miwah Subur.
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From 1995 to 1997 MTE spent approximately USD5.1 million conducting exploration activities in
Miwah culminating in a 3,100 metre 13 hole diamond drilling program that outlined significant
mineralisation.
Rising tensions and political instability in Aceh forced Highlands Gold (HGL) to abandon the project
which lay dormant. In 2002, the Ministry of Energy and Natural Resources revoked the CoW
agreement following several years of inactivity by PT Miwah Tambang Emas.
Exploration was resumed again in 2007, this time by East Asia Minerals (EAM). By mid 2009 drilling
had recommenced in tandem with the ongoing re-evaluation of the deposit geology and the district
potential. The initial work not only confirmed the earlier results reported by HGL, but indicated scope
for extending the area of alteration and mineralisation to the north and south leading to the definition
of a larger high sulphidation complex measuring in excess of 2,500m x 2,000m and open in most
directions.
Geological mapping.
Drainage sampling.
Trenching and extensive rock sampling.
A gradient-array IP survey and the collection of 2,400 line km of airborne magnetic and
radiometric data.
Extensive surface sampling and mapping and gold geochemical anomalies provided the basis for
diamond drilling. This culminated in a helicopter-supported thirteen (13) hole diamond drilling program
for 2,981 m. Significant gold results were returned from nine (9) of these drill holes including 71 m at
1.4 g/t Au and 58 m at 1.1 g/t Au.
In 1996 PT Miwah Tambang Emas agreed to farm out 60% of the property to a partnership of Colony
Pacific and Inco. Colony Pacific/Inco carried out metallurgical testwork on six samples of drill core but
subsequently withdrew from the agreement.
Some preliminary metallurgical test work on composite drill core samples was undertaken in 1997 by
a previous explorer (Colony Pacific Explorations Ltd.). This testwork indicated gold recoveries of 63%
to 84% from cyanidation testing of six samples of oxide and mixed oxide material. The highest
recovery was from a sample reportedly containing 27% oxidised material.
In 2002 the PT Miwah Tambang Emas COW was cancelled by the Indonesian Ministry of Energy and
Natural Resources. In 2007 East Asia obtained its interest in the Miwah property.
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The results of this limited investigation indicate that historic HGL drill results suffer from down hole
smearing, either from poor drilling practices or poor sample preparation at the laboratory. The HGL
results will be utilised for geological boundaries, the assay data is un-suitable for indicated resource
estimation, however in areas of low sample coverage specific holes can be considered for inclusion in
an inferred resource.
Holes MWD001, 004, 006, 008 were used entirely to inform the inferred resource estimate as they are
in areas of sparse East Asia drilling, hole MWD007 was only used to inform the deeper lodes, as
shallower East Asia holes were sufficient to inform the upper lodes.
7 GEOLOGICAL SETTING
7.1 Regional Geology
The geology, resources and tectonic evolution of Sumatra have been extensively discussed in Barber
et al (2005). A general discussion of regional plate tectonics and magmatic arc formation can be
found, for example, in Garwin et al (2005). Royle (2009) has recently summarized the regional
geology of Sumatra.
Sumatra forms the southwestern margin of Sundaland, which is an extension of the Eurasian
continental plate. Sumatra is considered to be composed of fragments of continental plates and
volcanic arcs which were derived from the breakup of Gondwana during the Late Palaeozoic and
Mesozoic. Ongoing phases of subduction in the Mesozoic, Tertiary and Quaternary have resulted in
the formation of magmatic arcs along the length of Sumatra.
The Australia-Indian tectonic plate is currently being subducted obliquely beneath Sumatra producing
a north westerly orientation with a fore-arc basin, several generations of magmatic arc, the Sumatra
Fault System (SFS) and the back arc basin (Error! Reference source not found.). Mineral deposits
along the length of Sumatra associated with these different ages of magmatic arc are discussed in
Barber et al (2005).
The simplified geology of Sumatra is shown in Figure 11 and Figure 12.
The Permo-Carboniferous Sundaland continental basement rocks, that are interpreted to underlie
much of Sumatra, are distributed mostly in northern and western central Sumatra and sporadically
and less abundantly in southern Sumatra (shown as pre-Tertiary Basement Complex in Error!
Reference source not found.). In northern Sumatra, where the Miwah project is located, these
basement rocks comprise argillites, sandstone, quartzite and limestone of the Tapanuli and
Peusangan Groups (Figure 12).
Overlying these rocks are subaerial to oceanic arc assemblages known as the Woyla Group, which
were either accreted to, or emplaced onto, the proto Sundaland southern margin during the Mesozoic.
Following periods of up-lifting and partial erosion of the basement rocks the region underwent
sedimentation on both sides of the Barisan Mountains from the Tertiary onward.
In the vicinity of Miwah east of the SFS, Tertiary volcanics and volcanogenic sediments, ranging in
age from Eocene to Pliocene, overlie the Woyla Group.
Mineral occurrences within Sumatra appear to be associated with at least three magmatic arcs: the
middle to late Cretaceous Sumatra-Meratus arc in the centre; the Neogene (Miocene-Pliocene)
Sunda-Banda arc along the western coastal range of Sumatra; and the arcuate Neogene Aceh arc
present only in northeastern Sumatra.
Mineral occurrences within the Cretaceous arc consist mainly of tin deposits and minor copper and
gold occurrences in the Singarak cluster and in areas north of Tembang (formerly Rawas).
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The Neogene Sunda-Banda arc comprises basaltic-andesitic lava flows and small shallow intrusions.
Mineralisation within this arc includes the Martabe high sulphidation gold deposit, the Krueh, Lebong
Tandai and other polymetallic deposits hosted in volcanoplutonic centres.
The Neogene Aceh arc, located exclusively in north Sumatra, hosts the Miwah high-sulphidation
epithermal gold mineralisation and other epithermal and porphyry copper-gold occurrences at Butung,
Tangse, Pisang Mas, Sable, Woyla, Abong, Takengon and Barisan.
The geology of Sumatra is dominated by arc-parallel structural alignments that are predominantly
aligned northwest-southeast as a result of the SFS. The SFS has been active for much of the Tertiary,
undergoing dextral offset. Arc-normal, or east-west to northeast-southwest faults are less common as
these tend to be tension release structures related to trans-tensional forces which built in the rocks
adjacent to the SFS.
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8 DEPOSIT TYPES
Miwah was first identified as a high sulphidation gold-copper deposit by Williamson and Fleming
(1995) and Corbett and Leach (1997) following field work and petrology.
APSR (2009) carried out petrological and fluid inclusion studies and concurred: Some part of the high
sulphidation system is interpreted to locally extend to within a high level intrusion breccia with
composition and textural features characteristic of porphyry related diatremes. The occurrence of
tennantite/tetrahedrite and cubanite in genetic association with pervasive quartz, strong primary
textural destruction, pervasive pyrite and the localisation of crystalline alunite define the high
sulphidation environment.
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The quartz-alunite zone usually comprises a characteristic core of silica group minerals, mainly
quartz, which typically display a vuggy texture, indicative of intense acid leaching. The quartz is
virtually the only residual mineral following the leaching of other rock components, and so this
alteration is commonly termed residual quartz (silica). The central residual (vuggy) quartz zone grades
out to a silicified zone which contains alunite group minerals.
The central silica-alunite zone is typically surrounded by marginal argillic/advanced argillic alteration
assemblages of kaolin group (pyrophyllite, dickite, kaolinite) minerals. These grade outwards into illite
group (sericite, illite, illite-smectite, smectite) minerals, as the fluid becomes progressively more
neutralised. The mineral assemblages formed in each zone are dependent upon the temperature and
pH of the upwelling acid fluid, the composition of the host rock, and the physico-chemical conditions
of waters residing in the host rock. The illite group minerals grade outward to peripheral sub-propylitic
chlorite-carbonate alteration assemblages.
Liquid-rich (mineralising) event
The dense, hypersaline and metal-rich liquid remains at depth until pressure drops are promoted by
tectonic fracturing of the carapace, and/or crystallization of the melt, to facilitate expulsion to shallower
crustal levels. The cooling and dilution of these metal-bearing fluids, in response to wall rock reaction
and mixing with ground water and/or circulating meteoric water, results in mineralisation which
overprints the zoned alteration formed by the earlier vapour phase.
The dense, liquid-rich phase utilises the same plumbing system as the earlier volatile-rich phase and
focuses mineralised fluids into the residual or vuggy quartz at the core of the zoned alteration.
Competent residual quartz and quartz-alunite rocks brecciate well and so commonly host
mineralisation. Continuing deformation of dilational structures which channel the liquid-phase fluids
may enhance breccia formation and mineralisation. The metal grades of ores are commonly
proportional to the degree of brecciation and introduction of sulphide matrix. The enclosing
incompetent clay alteration generally displays more plastic deformation, does not fracture, and so is
commonly not mineralised. In some systems the clay alteration has a damming effect and so the
interface between the competent and incompetent rocks may represent a locus for higher metal
grades.
High sulphidation systems exhibit zonations in metals and sulphide minerals, both vertically from deep
levels proximal to intrusion source rocks, grading to higher crustal levels, and laterally from silicic core
zones, to marginal argillic-propylitic alteration zones (Figure 15). The Cu:Au ratios decrease from
deeper porphyry to higher epithermal levels. At intermediate depths high sulphidation systems display
arsenic-rich compositions, and at very shallow near surface levels, enrichments in tellurium, antimony
and locally mercury are common. The central quartz-alunite alteration zones are copper-arsenic-rich,
whereas the adjacent quartz-pyrophyllite/dickite/kaolinite alteration commonly contains lead-zinc
mineralisation. High sulphidation systems in the southwest Pacific are commonly silver-poor. Gold
typically displays very high fineness (> 900), and as free native gold or Au-tellurides at shallower level
gold deposits.
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Figure 15. Metal zoning from mineralising event. Note position of Miwah on left.
Source: Corbett & Leach, 1997.
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Restricted zones within inferred NNW trending structures which parallel the Rusa fault and
crop out on the eastern margins of the prospect.
Less dominant NNE trending structures which crop out as thin ridges, parallel to the Camp
fault.
Broad zones within the diatreme breccias, possibly as a reflection of the high permeability in
the breccia matrix.
Shallow (up to >100 m thick) north to northeast dipping ledges, hosted in volcanics.
The quartz and quartz-alunite alteration have acted as brittle host rocks during subsequent fracturing
and brecciation associated with mineralisation which changes from early pyrite-rich quartz veins, to
later breccia zones and veins composed of brassy pyrite, overgrown by copper sulphide minerals.
Copper minerals are dominated by luzonite at shallow levels to the south, and enargite at deeper
levels to the north. Hypogene covellite occurs locally at depth, whereas tennantite occurs in more
distal settings to the east. The copper minerals are intergrown with quartz and banded chalcedony,
and locally at depth with alunite. Native sulphur commonly fills open cavities and fractures. The
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alteration and mineralisation are indicative of relatively cool conditions for the high sulphidation
alteration and mineralisation.
Although there is a close relationship between gold, copper and arsenic, gold is not always
associated with enargite/luzonite, and is locally inferred to have been deposited with earlier pyrite.
The assay data from drilling indicate that the Cu:Au ratios increase with depth and to the north.
Information from the structure, alteration and mineralisation suggest that a possible source for hot
acidic, mineralised fluids was from the north and at depth below the diatreme breccia, and fluid
outflow occurred towards the south.
9 MINERALISATION
9.1 Mineralisation style
The work done to date, including the previous exploration by PT Miwah Tambang Emas, indicates
that the style of mineralisation present at the Miwah Gold Prospect has the characteristics of a highsulphidation epithermal gold system.
The mineralisation has been identified in two zones, the first a series of large tabular bodies (lodes)
approximately 200 m thick, and the second represented by vertical diatreme breccia feeder zones that
underlie and cut through the tabular body (Figure 18). While the tabular zone averages 1.28 g Au/t
gold (lodes 2 and 3), higher grading sections exceed 4 g Au/t. The deeper tabular zones are thinner
and lower grade. Gold contents are significantly higher in breccia zones, often in the ounce per ton
category.
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Figure 18: Schematic cross section through holes EMD001, EMD002, Miwah Bluff
Note broadly tabular nature of alteration zones and interpreted feeder zones
( Source: East Asia, 2009 )
The work undertaken to date by East Asia, including geological mapping, extensive rock chip and
rock sawn channel sampling and diamond drilling, shows that the mineralisation at the Miwah Gold
Prospect occurs within a zone of alteration typical of a high-sulphidation system. Significant gold
mineralisation (generally >1 g/t) is closely related to a shallow, laterally extensive body of massive,
residual vuggy silica-sulphide alteration that forms a resistant east-northeast trending whale-back
ridge that can be traced for over 1,000 m along strike, has an average width of 300 m and a vertical
extent of up to 200 m.
East Asia has named the eastern part of this body as Block M and the western part as Miwah Bluff
(Photo 4). Epithermal gold mineralisation, similar in style to that found at Miwah Bluff and Block M is
also present at South Miwah Bluff to the south-southwest of Miwah Bluff, where sub-cropping blocks
of residual vuggy silica-sulphide alteration have been mapped over an area of approximately 650 m
by 300 m. (Photo 4 and Figure 19). The geological relationship between the mineralisation at South
Miwah Bluff and Miwah Bluff and Block M has yet to be established by East Asia
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9.1.1 Alteration
Vuggy residual silica, massive silica and silica-sulphide are the dominant alteration facies (Figure 19
and Photo 5). This alteration is both structurally and lithologically controlled forming a semicontinuous, broadly tabular near-horizontal zone from Miwah Bluff in the west to Block M in the east.
This alteration is also present at South Miwah Bluff. Ghost remnants of the original phreatic breccia
are occasionally visible within the silica alteration zone.
Photo 5: Example of intense vuggy residual silica-sulphide alteration from hole EMD004 (1.21 g/t Au)
(Source: East Asia, 2010)
The massive, residual vuggy silica zone is bordered outwards and at depth, by patches of advanced
argillic alteration consisting of variable amounts of silica, alunite and clay. Argillic alteration, consisting
of kaolinite-smectite-illite-pyrite, forms a broad halo of up to several kilometres around the entire
Miwah mineralised system.
Royle (2009) states primary gold mineralisation is commonly associated with disseminated finegrained pyrite and minor arsenopyrite mostly in vuggy silica and silica-alunite alteration facies.
Although arsenopyrite (or possibly arsenical pyrite) may be restricted to local occurrences, enargite (a
copper-arsenic sulphide) is observed in drill core and is a more likely source of arsenic found in the
some of the assays. Corbett and Leach (1997) stated that gold is not always associated with
enargite/luzonite at Miwah, and gold is locally inferred to have been deposited with earlier pyrite.
Petrological examination of samples by APSR (2009) noted the copper mineralogy as
tennantite/tetrahedrite and cubanite.
Peripheral argillic altered rocks generally contain <5% pyrite and are poorly gold mineralised. Higher
gold grades appear to be preferentially associated with zones that have evidence of multiple
hydrothermal events such as reactivated breccias, veins, fractures and superimposed alteration
effects (Photo 6). Some preliminary mineralogical work on a very high grade surface channel sample
from South Miwah Bluff indicates that some of the gold occurs as free grains.
Hypogene copper mineralisation consists mainly of fine-grained crystalline enargite, luzonite, covellite
and rare chalcocite and is commonly associated with the vuggy silica and advanced argillic alteration
facies. Although copper values are often anomalous within the gold mineralised zones they rarely
exceed 0.1% Cu. Barite and native sulphur are minor associated minerals. Late-stage chalcedonic
and crustiform banded quartz veinlets are locally present within the vuggy silica suggesting a
superimposed low-sulphidation mineralising event.
Page 42 of 107
Moderate oxidation within the residual vuggy silica zone is widespread and present to around 60 m
depth within Miwah Bluff and Block M. Beneath this depth oxidation is more restricted to fractures and
breccia zones.
Page 43 of 107
According to Meldrum (2010), the Sipopok target covers an area equal in size to or larger than the
Miwah Hill-Miwah West and Miwah South Combined and in a similar fashion to Miwah Hill, the
Sipopok zone is focused on a central hill with silica zones out cropping along the eastern and SE
margins. Historical HGL stream sediment sample data indicates that gold is shed off the western side
of the target area.
The samples collected from Sarang Burung and Karang Gigi by Meldrum include intense silica-clay,
pervasive silica-alunite and moderately intense vuggy-massive silica alteration and the majority of the
samples are mineralised with disseminated pyrite, pyrite veins. Silica veins and native sulphur and
covellite filling cavities were also noted. Brittle facture (crackle breccia) is notably weaker at Sipopok
than at Miwah Hill, but the intensity of the alteration is comparable.
Geochemical sampling along the base of the silica bluffs at both Karang Gigi and Sarang Burung
returned few significant gold values which is similar to the sampling results at Miwah Bluffs where few
significant gold values were noted at lower elevations. Likewise as with Miwah, at both Karang Gigi
and Sarang Burung better than 0.5g/t Au grades are noted at higher elevations and it follows that the
crest of the silica ribs might return better grades.
Meldrum concluded that the initial work should be followed up with systematic stream sediment, ridge
and spur soil auger and sub-crop rock sampling over the whole of Sipopok Hill and its flanks. The
survey should be combined with stream sediment sampling (-#80 mesh, BLEG and pan con) within
and around both Sipopok and Miwah Hill. A soil line along Miwah Hill is also recommended in this
plan to provide a reliable set of reference values.
East Asia Minerals Corporation (TSXV-EAS) announces that it continues to encounter significant gold
from the Sipopok area at its Miwah Gold Project in Aceh Province, North Sumatra, Indonesia. The
latest results from a batch of one-metre long rock sawn channel samples have encountered up to
1.64 g/t gold.
As at January 2011, two scout holes were drilled at Sipopok to test for continuity of
alteration/mineralisation to the east and beneath rock sawn channel samples that assayed up to 1.26
g/t gold over 4 metres and 0.98 g/t gold over 4 metres. Sipopok diamond drill hole SPD001 was drilled
Page 44 of 107
with a 215 degree azimuth and 65 degree dip, and successfully cross-cut Miwah-type silica and silicaalunite alteration/mineralisation. The hole was completed at 200 metres after passing through Miwahtype horizons at 62.5 to 130.3 metres, and 136.4 to 140.4 metres. Assays gave 0.38 g/t gold from 105
to 117 metres (12 metres) including 0.61 g/t gold from 111 to 117 metres.
SPD002 was drilled with a 35 degree azimuth and 50 degree dip to test directly northeast from the
favourable Miwah-type horizon encountered in SPD001. The hole was abandoned at 174.4 metres
after encountering Miwah-type silica and silica-alunite alteration/mineralisation from 40.3 to 60.52
metres. Immediately following this horizon, the hole was dominated by fault breccia and abandoned
after several shifts attempted to cement the hole for continuation. No significant assays were returned.
9.3 Controls
Meldrum (2009) describes Miwah as sited along a 170 tending splay off the NW trending Sumatran
Fault System. The vast majority of the lineaments noted in the project area trend NE but subtle sets of
N-S and E-W trending lineaments also coincide with the deposits location. The NNE and 070
trending faults, cited by other workers as key structural controls in the Miwah area are difficult to
detect, but a cluster of circular features describes a NE trending belt that leads towards the Peut
Sangue Volcano, located 10km to the NE of Miwah base camp (Figure 21).
Royle (2009) concluded the following: Interpretations of the major feature of Miwahs structural
environment are the development of conjugate sets of extensional en-echelon faults that have been
used as channels for hydrothermal fluids. The steeply dipping structural orientations on northnorthwest to north-northeast orientations are common and thought to be a major control on
silicification and gold mineralisation.
The northwest trending faults appear to have a history that included a significant component of lateral
movement. Field observations support this interpretation and suggest that dextral displacement
occurred along the northeast trending faults as well as minor sinistral movement on northwest faults.
These two dominant structural trends are thought to have focused high-level magma emplacement
(dacite domes and andesite dykes) and breccias bodies. Near vertical movement on faults is most
likely and post-mineral faulting was noted to the east and western margins of Miwah prospect.
o
o
The dominant fault orientations at Miwah are 020 and 150 . The westernmost mineralised sector is
bounded by the Camp Creek fault, and can be traced for over 2000m. The central mineralised
structures host several; steep east or west dipping 160o to 180o trending faults and fractures. The
eastern mineralised sector is dominated by steep east-northeast dipping mineralised fractures and
breccias.
Page 45 of 107
Watts, Griffis & McOuat (WGM) (Oct 2010) conducted a more recent structural interpretation of
RadarSat imagery over the Miwah project area to determine the location of key structural lineaments
in the Miwah area (Figure 22).
WGM noted that the proximity to the SFS is important to place the deposit within the provenance of
the Sumatran volcanic belt, although mineralisation is not genetically related to the SFS fault. Miwah
is spatially associated with arc-normal faulting - several N to NE-trending lineaments pass through the
Miwah volcanic centre. WGM considered that these have evidently been important in focusing the
flow of epithermal fluids along diatreme breccia zones and into bodies of permeable volcaniclastic
rocks.
Page 46 of 107
9.5 Discussion
East Asia is describing Miwah as comprised of two geological components; a large 1,200m long, at
least 300m to 400m wide, approximately 200m thick tabular zone; and vertical diatreme breccia
feeder zones with potential for substantial tonnages of higher grade gold mineralisation that cut
through the tabular body. East Asia believes that Miwah has a similar volcanic setting and similar
dimensions to the Martabe Au-Ag deposit. Meldrum (2009) concluded that the mineralisation at Miwah
has the grade and scale characteristic to develop into a high grade gold-silver mine.
10 EXPLORATION
No exploration has been carried out on the property by Mining Associates Pty. Ltd. The following is a
description of the East Asia work programs and results.
Opened foot access to mineralised zones by rehabilitating most of the old tracks as well as
rehabilitating the camp infrastructure.
Recorded the co-ordinates of previous drill collars.
Undertaken geological mapping and extensive rock sawn and lesser chip channel sampling
along cliff exposures at Miwah Bluff, Block M, South Miwah Bluff and Moon River areas.
Commissioned petrological studies of surface and subsurface (drill core) rock samples
Established a total station baseline and GPS survey benchmarks.
Page 47 of 107
Reinterpreted the historical drill results and incorporated this and other regional geochemical
data into the current database.
Reprocessed historical high-resolution regional aeromagnetic and radiometric data.
Completed 71 diamond core holes (as at the end of March 2011).
Interpretation of Radarsat data.
10.1.1
Team
The East Asia exploration team included CEO, Mr Mike Hawkins; COO, Mr Lionel Martin; Vice
President Exploration, Dr Darryl Clark; County Manager, Mr Henry Wong; Geology Manager, Mr
Marcilinus PHS; Chief Geologist; Mr Kassy Akiro and Field Geologist, Kurniawan Suria Wiriaatmadja.
The field staff are based at site and in Jakarta.
East Asia also use independent consultants, including Mr David Royle, Geodiscovery Group Pty Ltd,
Watts, Griffis and McOuat and Mining Associates Pty Ltd.
10.1.2
Rock Sampling
To date (end of March 2011) East Asia has collected 3,019 rock samples throughout the Miwah Gold
Prospect; 1,396 samples from Miwah Bluff, 1,180 samples from Block M, 283 samples from South
Miwah Bluff, 83 samples from Moon River and 77 samples from Sipopok.
Most of the samples have been collected by rock-saw over 1 metre intervals along cliff exposures at
Miwah Bluff and Block M (Photo 7). At South Miwah Bluff the samples were collected by a
combination of rock-chip and rock-saw.
Page 48 of 107
Figure 23: Location and results of rock-sawn channel samples and other surface sampling
( Source: East Asia, 2011)
10.1.3
Results
The results from the rock-sawn channel sampling have, in many instances, been highly anomalous
particularly where samples have been collected from outcrops of near-horizontal residual vuggy silica
alteration exposed in south-facing cliff faces at Miwah Bluff and Block M (Photo 8). As a result of the
topographic expression of the residual vuggy silica zone there is a strong correlation between
anomalous gold results and elevation with higher gold values occurring between 1,700 m and 1,900
m (Figure 23).
Prospect
Miwah Bluff
14
9.22
8+9+15
16
28
33
34
35
48
49
55
29
27
35
24
14
35
11
18
10
3.43
4.25
2.56
2.50
2.01
1.68
2.40
2.86
1.34
Block M
Au g/t
17
34
1.81
19
42
93
97
99
102
116
117
118
14
40
14
14
10
40
20
10
31
1.46
1.55
4.28
2.55
2.70
2.08
1.45
3.70
2.41
74
22
3.86
119
20
13.98
158
163
166
170
172
174
176
23
24
12
19
24
15
10
125.84
83.59
20.14
1.08
2.20
2.78
3.07
129
139
149
152
153
190
28
21
10.7
22
22
12
3.62
2.11
2.40
1.12
1.43
1.00
Page 49 of 107
10.1.4
Petrological Studies
A selection of rock samples from Miwah Bluff, Blok M and Sipopok areas were examined by Applied
Petrological Services & Research (APSR) in 2009. The samples were prepared as polished thin
sections from which detailed petrographic/mineragraphic descriptions were produced. The
descriptions included aspects of primary rock type, metamorphism/metasomatism, hydrothermal
alteration, fluid inclusion assemblages, microstructure and mineralisation.
APSR (2009) summarised that high-sulphidation epithermal style copper and gold mineralisation
defined in the samples from Miwah is hosted mostly by sheared and fragmented intermediate
porphyritic volcanic rocks or high-level intrusions on interpreted basaltic andesitic to andesite
composition. The occurrence of tennantite/tetrahedrite and cubanite in genetic association with
pervasive quartz, strong primary textural destruction, pervasive pyrite and the localisation of
crystalline alunite define the high-sulphidation environment. Some part of the high-sulphidation
system is interpreted to locally extend to within a high-level intrusion breccia with composition and
textural features characteristic of porphyry-related diatremes.
In August 2010, East Asia reported that twenty-two quarter split Miwah drill core sample off-cuts were
dispatched to universities in Australia and Canada for petrological studies. A variety of rock types from
drill holes EMD003, 018, 019, 022 and 024 from Miwah Bluff, EMD008, 011, 012A 016 and 026 from
Block M, and EMD005 and 006 from South Miwah Bluff were sent for analysis.
The petrological studies suggest the Miwah gold deposit metallurgy is complex but not detrimentally
so. Several phases of gold mineralisation have been postulated with native gold, and gold and silver
tellurides / selenides associated with each phase. The main stage sulphide mineralisation also
contains grains of native gold and solid solution tellurides associated with the enargite minerals. This
would suggest that the gold is not likely refractory.
The other late stage gold mineralisation and oxide supergene enrichment phases appear
straightforward in terms of metallurgy with cyanide amenable fine grained gold.
These findings would correlate with previous Colony-Pacific simple metallurgical test work carried out
during 1997 on six composite drill core samples which returned cyanide gold recovery in the 63%
84% range. Incidentally the 83% Au recovery was for 27% oxidized material and 63% Au recovery
was for 17% oxidized material.
Page 50 of 107
The main lithology is porphyritic andesite with some primary fragmental features (volcanic
breccia). There is a minor component with small phenocrysts of quartz pointing towards dacite
composition.
The presence of hornblende suggests the magma was hydrous with good implications for the
subsequent hydrothermal magmatic fluid evolution events.
The alteration minerals suggest an acid fluid with low to moderate temperatures with mineral
assemblages grading from propylitic to argillic to advanced argillic to silicification.
The studies suggested that the main stage minerals are pyrite, enargite, tellurides and native gold
with late stage enrichment by native gold and additional supergene enrichment.
Page 51 of 107
10.1.5
Geophysics
East Asia has reprocessed historical high-resolution regional aeromagnetic and radiometric data.
A review of the historical geophysics by Meldrum (2009) noted that the magnetic patterns (RTP,
1stVD, and 2ndVD) provide ample evidence of E-W and NW trending features in the Miwah Hill area
but no indication of shallow or deep seated NNE or NE orientated structures. The 1st vertical
derivative plot should identify any recurrent (sub-parallel) magnetic features, and at Miwah Hill the NW
trending lineaments fit will with the interpreted trend of the late (magnetic) dykes. The RTP magnetic
plot gives no indication that Miwah might be underlain by a mineralised (magnetic) porphyry Au-Cu
style stock. The magnetic analytical signal though depicts a coherent weakly magnetic body or mass
(green contour) extending northwards from Miwah Hill, in addition to emphasising the NW and E-W
linear features (Figure 25).
Page 52 of 107
N
BXp ?
SILICIFIED
MARGIN
INTRUSIVE
CENTRE
Au target
to east?
Resistivity
anomaly
extends
southwards
The gradient array apparent resistivity and chargeability patterns depict a prominent if not very
intense N-S elongate chargeability high measuring approximately 2000m x 1000m that fits loosely
with the analytical signal feature and a moderate resistivity anomaly that preferentially developed
along the eastern margin of the chargeability feature stretching from Sipopok in the North and
extending southwards to Moon River and Miwah Bluff and open to the south. This resistive body
appears to fit well with the areas where silicification has been identified. Embayments in the
chargeability and resistivity anomalies are also evident, and significantly several of these features are
coincident with the locations of known phreatic breccia bodies. Others may yet be identified as
breccia masses. Miwah West Breccia coincides with a chargeability high (i.e. is primarily a pyritic
body), where as the Miwah Hill Breccia broadly coincides with a chargeability low this may reflect
hypogene oxidation across the top of the hill / breccia body.
Combined, the various linear and geophysical response patterns may be depicting a deep seated NE
trending structural zone (magmatic plumbing) with the N-S (high level intrusions) and E-W (synmineral extension and domes and breccias) and NW trending (late min) structures that perhaps
developed at progressively shallower depths. The gradient array data and the magnetic analytical
signal data sets combined depict a large N-S elongate mass that the silicification and attendant acid
sulphate alteration has developed around. Taking into account the magnetic signature, the stream
geochemical information and the nature of the alteration there is a strong possibility that the
chargeability / mag analytical signal body reflects a high level wet intrusion and that the intrusion is
probably dome like form. The breccia bodies may relate to other smaller dome like intrusions.
10.2 Discussion
The results of the widespread channel sampling, in conjunction with geological mapping and a review
of historic drilling results, outlined a significant zone of mineralisation in excess of 1,000 m long (eastwest), 300 m wide (north-south) and with a vertical extent of around 200 m. The results were used to
plan the drilling program described below.
Page 53 of 107
11 DRILLING
11.1 East Asia Drilling
Diamond drilling commenced in June 2009 to verify the strike and grade of the shallow but laterally
extensive gold-bearing silica zone exposed along the Miwah ridge. At the end of March 2011 a total
of 71 diamond drill holes, consisting of 67 holes into the Miwah Main Zone and 4 holes into the South
Miwah Bluff Zone (Table 4). Drilling is on-going at the time of the compilation of this report.
11.2 Procedures
Drilling at Miwah was conducted using man portable helicopter supported drilling rigs supplied and
run by PT Antero Indodrill using a man portable AD200 drill rig and HQ/NQ sized core with HTT/NTT
triple tube for core retrieval. The helicopter support was supplied by PT Intan Angkasa Airservice
using their LAMA SA512B helicopter with backup MD500ER out of Martabe.
Page 54 of 107
11.3 Results
As at March 2011 East Asia has drill validated the 1.2 kilometre east-west length of the main Miwah
gold-bearing zone, and has encountered gold mineralisation in of the 69 holes of the 71 diamond
holed drilled. The Main mineralised Zone remains open in all directions, except the east where it
forms the main Miwah Bluff cliff. The lower lodes although thinner in nature continue east and may
link with South Miwah Bluff.
The South Miwah Bluff Gold Zone is immediately adjacent to and contiguous with the Main Gold
Zone. Geological mapping has outlined an area of an area of 650 by 300 metres and initial scout
drilling (Holes EMD005 to 007 and SMD001) has confirmed good gold mineralisation. To date the
south Miwah results are dominated by the encouraging hole EM006 which includes 7m at 14.4g/t.
Table 4: Miwah Drill Hole Summary EMD001 to EMD066
(as of April 2011)
Drill Hole
EMD001
EMD002
EMD003
EMD004
EMD005**
EMD006**
EMD007**
EMD008
EMD009
EMD010
EMD011
EMD012A
EMD013
EMD014
EMD015
EMD016
EMD017
EMD018
EMD019
EMD020
EMD021
EMD022
From (m)
10.9
8.3
9.1
4.6
2.6
8.2
4.8
85
86
83
93
32.8
46.3
76
26.8
23
51.5
39
239
82
77.3
43
6.9
To (m)
68
166.3
152
69
24
28.5
16.2
185
174
199.9
200.3
216.3
200
177
159.7
132
72
155
299.5
163
185.5
200
55
Interval
(m)
57.1
158
142.9
64.4
21.4
20.3
11.4
100
88
116.9
107.3
183.5
153.7
101
132.9
109
20.5
116
60.5
81
108.2
157
48.1
Gold (g/t)
1.97
1.71
2.25
1.37
3.36
5.38
0.85
2.11
1.16
1.42
1.05
1.28
1
1.38
1.01
0.59
1.36
2.18
0.99
4.08
2.12
1.36
3.55
Silver
(g/t)
11.9
8.67
18.54
9.05
5.08
21.18
2.33
5.18
2.76
2.48
6.3
6.62
1.7
3.51
3.57
1.05
1.24
17.73
4.43
11.53
9.39
5.12
14.12
Page 55 of 107
174.5
83.5
98
86
123.5
147.5
180
107
296
29
55.5
110
51
122
59
108
26.5
106.1
43
18.1
59
158.7
37
205
173.5
299
93
132
151.4
189.5
266
354.7
176
141
213.5
86.3
151.5
102
145.6
349.6
194
114.3
42
105.9
186
186.3
Interval
(m)
30.5
90
201
7
8.5
3.9
9.5
159
58.7
147
85.5
103.5
35.3
29.5
43
37.6
323.1
87.9
71.3
23.9
46.9
27.3
149.3
40
299
259
0.5
1.8
120
128.05
8.05
0.38
0.27
177
205.5
28.5
0.18
0.9
56
173
117
1.68
2.13
198
233
35
0.85
3.54
254
269
15
0.84
2.09
324.5
341.3
16.8
0.31
0.51
EMD041
98
211.8
113.8
1.02
2.32
EMD042
79
210.4
131.4
0.79
1.54
EMD043B
58
207.7
149.7
1.05
2.34
EMD044
107.5
352.2
244.7
0.48
1.48
EMD045
79.5
107.5
28
0.39
0.71
147
204
57
0.97
2.44
EMD046
134
220
86
1.83
3.02
EMD047
130.7
330
199.3
0.38
1.71
EMD048
138
220.5
82.5
1.2
2.59
EMD049
47.3
144
96.7
1.09
1.58
EMD050
69
105
36
0.24
1.69
EMD051
210
210
0.61
0.31
245
282
37
0.85
Drill Hole
From (m)
EMD023
EMD024
EMD025
EMD026
EMD027
EMD028
EMD029
EMD030
EMD031
EMD032
EMD033
EMD034
EMD035
EMD036
EMD037
EMD037B
EMD038
EMD039
EMD040
To (m)
Gold (g/t)
0.33
1.32
2.55
1.15
1.26
1.64
1.09
1.01
0.31
0.62
1.73
1.07
1.07
0.39
2.19
1.62
1.34
0.55
1.95
0.42
0.63
0.84
1.43
Silver
(g/t)
3.14
3.37
1.5
2.13
3.21
6.06
2.8
1.84
2.43
7.73
2.34
7.94
1.43
16.96
15.41
1.74
2.46
7.82
1.4
3.41
7.23
1.85
n/s
EMD052
207
216
0.59
EMD053
102.2
131.2
29
0.47
4.61
1.05
EMD054
112
122
10
0.55
1.44
EMD055
64
198
134
0.54
0.71
EMD056
57
55
0.77
0.74
EMD057
11
0.97
1.67
EMD058
133
292.5
159.5
1.46
3.34
EMD059
129
301
172
1.21
2.11
EMD060
39.5
147
107.5
0.4
1.32
Page 56 of 107
From (m)
Interval
(m)
To (m)
Gold (g/t)
EMD061
44
53
0.47
EMD062
108
251
143
0.56
EMD063
77
161
84
1.09
EMD064
43
39
0.32
EMD065
102
258
156
0.55
EMD066
185
195
10
0.45
Silver
(g/t)
3.17
** - Holes EMD005 to 007 are from the new South Miwah Bluff Gold Zone
11.4 Discussion
East Asia drilling programs from 2009 to March 2011 have successfully intersected wide zones of
gold-silver mineralisation. The drilling has identified and delineated a number of sub-parallel shallow
dipping tabular gold mineralized zones. To date, exploration has sampled eight dominant geological
zones generally made up of large lateral extensive mineralised zones varying in thickness from tens
of metres in the upper zones to a few metres in the deeper lower zones. The morphology of these
zones was interpreted from mapping of outcropping exposures, channel sample data and drillhole
logging data.
The lateral continuity of these zones is both lithologically and structurally controlled, being cut by subvertical NNW faults. The dip continuity is controlled by lithology and to a lesser extent by structures.
Lode 1 is likely to be controlled by a fault structure.
While all of the pre 2009 drilling is available, this data was only used in the inferred resource
calculation if the particular hole was further than 75 metres from a 2009-2011 drillhole.
The drill programme appears to be efficiently carried out. Drill holes were not drilled on section as
common for early exploration programmes but were fan drilled like an underground exploration drill
programme, making extensive use of limited drill access and platforms as Miwah Bluff and Block M
are topographically constrained. This type of drilling allowed minimal earth works and disturbance in
terms of environmental and cultural impact. A consequence of this approach is down hole lengths do
not approximate true widths as intersection angles are often acute to the dip of the ore body. In a
perfect drill environment, the intersection angle is perpendicular to the dip of the ore body thus
intersection widths would be true widths. Due to the fact Miwah has higher grade material closer to
the surface; the splayed drill holes from the limited drill pads are going to be clustered in the upper
higher zones and further apart in the lower zones. This is necessary to provide all mineralised zones
with good drill coverage.
Several high grade intercepts have been identified in the drilling which are likely to be structurally
controlled shoots or extension veins. The high grade shoots are relatively small in tonnes and rich in
ounces. MA recommends targeting orientated core holes to better define the high grade structures.
Page 57 of 107
Page 58 of 107
Figure 29: Strapped core tray ready for porting to the core processing facility
All drill core is typically sampled over one metre and two metre intervals depending on the alteration
facies. Vuggy silica-sulphide and silica-alunite zones are sampled at one metre intervals and zones of
argillic and propylitic alteration at two meter intervals.
After selecting the length to be sampled a line is drawn down the middle of the core and the selected
segment sawn in half along the line using a Dimas 5.5 HP gasoline-powered diamond core saw. The
core saw is washed between samples to prevent contamination. Soft or friable core is split with a
knife. Broken core is sampled with a scoop.
Page 59 of 107
Figure 32: Core Saws (Dimas 5.5HP gasoline-powered diamond core saw)
Half of the sawn, split or scooped core is sent for assaying and the remaining half returned to the tray.
Where possible the same side of the core is consistently sampled.
The core samples are then put into thick plastic bags, tagged and sealed by EAMC geologists on
site and then the plastic bags are put into calico bags and then sealed. These sealed samples are
then put into plastic weave sacks and then hand carried from Miwah campsite to East Asia site office
at Geumpang village and reconciled by East Asia logistics employees against the Miwah campsite
manifest of samples in Geumpang Village.
The checked samples are then loaded into East Asia vehicles and driven by East Asia full-time
employed driver to Interteks Medan sample preparation facility where they are cross-referenced with
the sample dispatch forms originating from Miwah geologists in charge.
Once the samples are received by Intertek Caleb Brett which is an ISO17025, KAN (Indonesian
Accreditation LP-130-IDN) and LIMS certified and accredited analytical and sample preparation global
laboratory services group, the chain of custody is passed onto the Intertek Caleb Brett hands.
Page 60 of 107
12.4 Discussion
From discussions with project staff, and review of alteration and geological logs, MA considers that
the geological investigations have been thorough and the drilling, logging, sampling and assaying
procedures adopted are appropriate and in accordance with industry standards.
Core recovery is good and sample preparation and assaying procedures are appropriate. The QA/QC
results indicate that the sampling and assaying data are reliable and without material bias, although
QA/QC procedures could be improved by the submission of coarse and fine reject duplicate samples
to better monitor sample preparation in the laboratory; and by the full use of the gold and base metal
standards already submitted to check silver and copper results. Bulk density determination
procedures appear appropriate, although expediency is required when weighing the wet sample. The
wax coated immersion technique may give more consistent bulk density determinations.
Page 61 of 107
Page 62 of 107
13.2 Security
Sacks containing the cut samples are carried by porter to the East Asia base at Geumpang and then
taken by company vehicle to the Intertek sample preparation facility in Medan. Occasionally specific
(Priority) samples are back loaded on the helicopter. From there, the samples are transported by
East Asia vehicle to Intertek Utama Services sample preparation facility in Medan.
13.3 QA and QC
Quality Assurance/Quality Control (QA/QC) Program
East Asia has in place a quality assurance/quality control (QA/QC) program involving the routine
analysis of blank samples, certified reference materials (CRM), and inter-laboratory check analysis
during the drilling program.
Certified Reference Material (Standards)
Standards including blanks are inserted into sample batches at the rate of 1 for every 20 normal
samples. A total of 690 standards have been submitted with the Miwah resource holes (EMD series
to hole EMD066). An additional 45 standards have been submitted with the exploration drilling
around Miwah in association with holes EXD001 to 006.
Page 63 of 107
CRMs purchased from Geostats Pty Ltd in Australia are included in every batch of samples to test the
accuracy and precision of the analysis.
Standard or reference samples, purchased from Geostats Pty Ltd in Australia, are routinely included
in every batch of samples be they surface or core samples to test the accuracy and precision of
the analysis. The types of standards, their gold contents, and one standard deviation (SD) are
tabulated in Table 5. Blank samples are also routinely included in batches of surface and core
samples.
Table 5: Gold Standards
Standard
G301-1
G301-2
G302-5
G305-7
G307-4
G903-10
G904-6
G398-2
GBMS 304-4
GBMS304-5
Grade
Au g/t
0.85
1.46
1.66
9.59
1.4
0.21
0.36
0.5
5.67
1.62
Standard
Deviation
0.05
0.08
0.08
0.33
0.06
0.02
0.03
0.04
0.31
0.08
GBMS 304-5
Blanks
To determine if there has been contamination in the sample preparation process, blank samples are
submitted with the regular split diamond drill core samples. Blank samples are made up of locally
sourced coarse un-mineralized, barren material. The source of the blank samples is from a quarry of
unmineralized ophiolite. East Asia has recently included certified blank material in their QAQC
procedures.
Page 64 of 107
Blank samples were analysed for the entire suite of 35 elements. The generally accepted failure
threshold for blank samples is 10 times the detection limit.
COMPARISONBLANKSAMPLE
LABRESULTvs CONTROLBLANK
Au_lab result
Au_min_control BLANK
differences
Au_max_control BLANK
0.2
0.15
)
m
p
p
(
u
A
0.1
0.05
0
0
100
200
300
400
500
600
700
800
-0.05
series
One certified blank is utilised at Miwah (GLG 302-4) this sample was recently included in the blank
sampling program (hole EMD065 onwards). These 43 blanks have all reported below ten times the
detection limit.
Of the 740 non certified blank samples submitted ten report over ten times the detection limit. Nine of
the blank samples are associated with hole EMD0015 located in the southern portion of M-Block. It
be should these blanks are sourced locally (non certified) and importantly the nine certified reference
material samples submitted with hole EMD015 were all reported within specification.
Page 65 of 107
MA has viewed East Asias chain-of-custody protocols for the handling and transportation of samples
and considers that they meet industry standards.
14 DATA VERIFICATION
Ian Taylor of MA visited the Miwah project site from 27 January to 01 February 2010. Tony Woodward
of MA visited the Miwah prospect site in July 2010 and selected two mineralised intervals from each of
the first 30 East Asia drill holes drilled at Miwah for independent analysis.
The site visits entailed:
Review of core cutting and sample collection procedures and sample transportation
Review of QA/QC program and assay lab procedures used by East Asia at Miwah.
Review of drill core sampling results and core logging sheets from holes EMD01 to EMD30
drilled by East Asia at Miwah
Selection of two mineralised intervals at each of the thirty holes (EMD01 to EMD30)
None of the drill hole collar locations were visited but drilling activity was witnessed during an
aerial reconnaissance of the Miwah bluff
Page 66 of 107
The gold values reported by ALS for the three Certified Reference Material samples included by MA in
the batch of quarter core samples were all less than the certified value. The gold values reported by
ALS averaged 94% of the certified values. Results from assaying of the same Certified Reference
Material submitted to Intertek Jakarta by East Asia as part of the Miwah QA/QC procedures averaged
101% of the certified value.
Following receipt of the initial assays and recognition of possible low laboratory bias, discussions with
ALS indicated they were aware of this bias and subsequently some 57 of the original 60 quarter core
samples were re-assayed by ALS using a different analytical technique (ore grade ALS fire assay).
Three samples were not re-assayed due to insufficient sample material.
Re-assaying by ALS of 57 of these quarter core samples confirmed that the ALS method initially used
had a low analytical bias. Using an ore grade ALS fire assay method the average gold value of the 57
samples of quarter core re-assayed was 2.27 ppm Au compared to an average grade of 2.02 ppm Au
for the samples assayed using an ALS Fire Assay/ICP Method. The original half core assaying by a
Fire Assay/ICP method at Intertek Jakarta averaged 2.43 ppm Au for the equivalent 57 core intervals
(Table 6).
Table 6: Comparison of Average Gold Re-Assays
Laboratory
# samples
Sample
Assay Method
Intertek Jakarta
57
Half Core
Average
ppm Au
2.43
ALS Perth
ALS Perth
57
57
2.27
2.02
On a sample by sample comparison, only 1 quarter core sample out of the total 60 was considered a
failure, being outside 3 standard deviations of the whole data set. This sample (original half core
4.41g/t, quarter core 13.60g/t) when re-assayed returned 10.35g/t by screen fire assay, which is
within the quality control range. Re-plotting the differences between the gold assays for half core and
re-assayed quarter core showed that in none of the 57 sample assays was the difference between
half and quarter core assays outside 3 standard deviations of the mean.
Two samples of drill core which were reported by East Asia as having higher than average values of
4.31 ppm Au and 30.10 ppm Au returned respective ALS values of 13.60 ppm Au and 19.65 ppm Au
from the quarter core sampling of the same intervals. The variation in grades indicated that the gold
mineralisation at Miwah may in part contain coarse gold grains which have produced a nugget effect.
This was examined with the screen fire assaying of 5 of the higher grade quarter core samples. The
results suggested that the gold mineralisation in the selected samples did not contain enough coarse
gold grains to produce a nugget effect as the +75 micron fraction only contained 0.15% to 1.20% of
the total gold in the samples.
The vuggy silica nature of the mineralised zone with a barren silica framework containing iron oxides
in the vuggs may also produce a sampling issue. It is possible that washing/flushing of oxides (with
contained gold) from porous core will occur during the drilling and core cutting process. This washing
effect would increase with the additional cutting required to take half core down to quarter core.
Page 67 of 107
The gold values returned from sampling of quarter core at the Miwah gold prospect confirm MAs
conclusion that gold values from sampling of quarter core at the Miwah gold prospect correspond well
with those previously reported by East Asia from half-core sampling of the equivalent intervals but
with slightly lower average values.
MA considers that the variation in assay results between the original half core and quarter core sets of
assay results is not significant and can be attributed to one or a combination of the following: (a)
laboratory bias, (b) sample size (nugget effect) and (c) sampling bias (washing effect associated with
cutting down to quarter core).
The initial quarter core assays and the assaying of the Certified Reference Material suggested that
the ALS laboratory results were showing a low bias. Re-assaying by ALS of the quarter core samples
confirmed that the initial analytical method used by ALS had a low analytical bias. The repeat assays
returned higher gold values than the initial quarter core assays with the mean gold value slightly less
(6.5%) than the mean gold value for the assays by Intertek on half-core samples collected by East
Asia from the equivalent intervals.
The screen fire assay results suggest that the gold mineralisation in the selected samples does not
contain enough coarse gold grains to produce a nugget effect. The variation in gold values between
the half core assays and the quarter core samples suggests that half core samples may be more
representative than smaller quarter core samples or washing effects have occurred during core
cutting of the smaller diameter drill core.
Page 68 of 107
15 ADJACENT PROPERTIES
The Miwah Project has adjacent tenements held by Centurion Minerals Ltd (CML) and Tiger Realm
Minerals (Figure 37).
Page 69 of 107
Geological and geochemical reconnaissance by Centurion at Peut Saue has reportedly confirmed the
presence of multiple high sulphidation style epithermal alteration in a favourable volcanic and
structural setting and located additional sulphide-bearing silica altered outcrops
Banda Raya Property (Centurion news release December 20, 2010; Nov 2010 Corporate
Presentation).
Regional geochemical reconnaissance by a previous operator in the 1990s identified multiple
anomalies within the claim area including the Leuping and Simpang Tiga epithermal gold prospects.
Samples from outcropping quartz veins returned assays ranging from <0.01 to 15.35 g/t Au and up to
2000 ppm Cu. Previous exploration in the Geudob area reportedly discovered a vein system striking
250m long with assays up to 15.35g/t Au, 986g/t Ag, 3.35% Cu, 14.2% Pb and 15.5% Zn.
During 2010 Centurion commenced geological mapping and rock geochemical sampling and has
commented that the mapping confirmed the presence of locally hydrothermally brecciated and high
sulphidation altered volcanic units inferred to correlate with the Leuping Volcanic formation which
hosts the neighbouring Miwah discovery and Banda Raya epithermal prospects. The discovery of
further zones of sulphide-bearing silica rock alteration, veining and gossan development at the
Leuping target has recently been reported by Centurion. Fieldwork at the Simpang Tiga, Geudob,
Tiger Ridge and Menawan prospects confirmed the presence of localized copper sulphide
mineralisation associated with altered high level porphyritic intrusions.
Menawan Property (Nievex Geoconsultant Inc Oct 2010 NI43-101 Technical Report Banda
Raya/Halimon Project).
The Menawan property about 18 km east of Miwah lies along the east-north-east-trending Miwah
mineralised structural corridor and contains at least two anomalous mineralised areas identified by
Highlands Gold Ltd in the mid 1990s as the Menawan Prospect and the Semelit Prospect.
Exploration at the Menawan prospect has resulted in the discovery of five distinct zones with goldbearing quartz veins and veinlet networks in host rocks showing advanced argillic alteration. The
mineralisation has been described as porphyry copper-gold type.
The Semelit prospect was discovered by Minorca Resources Inc. in 1997 when stream sediment
samples around the prospect area were found to be anomalous in gold and base metals.
Disseminated Cu-Au mineralisation in silicified and brecciated limestone (skarn-like) outcrops was
interpreted to indicate the presence of buried intrusion beneath the overlying limestone formation.
Page 70 of 107
The Jimeu property is situated about 20 km southeast of Miwah. Previous exploration in the mid to
late 1990s by Highlands Gold Ltd located the Jimeu epithermal mineralisation within one of several
Au/Cu/As geochemical anomalies.
The Sable project (77% CML) is located to the west of Miwah. The northern part of the Sable
tenement which is approximately 15 km west of and potentially along strike from Miwah, has not been
actively explored to date. The historical programs were conducted mainly in the southern part of the
project, in areas referred to as the "Saddle Hill" and "Sequenten" prospects. The area has been
subject to previous exploration consisting of rock chip and soil geochemical sampling, as well as
drilling of 19 shallow (150m to 250m ) diamond holes.
The Anak Perak vein system is a broad zone of at least 1,800 metres long and between 20 and
300m wide. Mineralisation can be classified as low sulphidation epithermal style with individual veins
varying up to nine metres wide. Surface rock chips assay up to 37g/t Au and 149 g/t Ag and
significant trench channel sample assay results include 2m @ 7.64g/t Au and 6m @ 4.39g/t Au.
Mineralisation at Aloe Rek is located in the Victory Vein, which can be traced over a strike distance of
more than 1km. Soil sampling outlined a gold anomaly coincident with the vein system up to 70m wide
over a strike length of 900m. Trench channel samples include 5m @ 3.67g/t Au, 1m @ 13.4 g/t Au
and 7m @ 4.95 g/t Au & 23.5g/t Ag.
The Aloe Eumpeuk prospect lies approximately one kilometre north of Aloe Rek. Trenching has
exposed the Aloe Eumpeuk vein system for 100m along strike, with individual vein widths up to three
metres wide. Trench samples include 9m @ 5.2 g/t Au and 7m @ 5 g/t Au with one metre channel
Page 71 of 107
samples assaying up to 28 g/t Au. Soil sampling has defined a gold anomaly for 250m along strike
and up to 120m in width.
All vein systems have reportedly yet to be fully delineated and have yet to be tested by drilling.
Drilling of the main targets was planned to commence in late 2010 (Tiger Realm Minerals 2010).
Page 72 of 107
17.1 Approach
17.1.1
The thickness and characteristics of a high sulphidation profile depend on the progress of the
interface between the meteoric water and the phreatic zone, as well as the characteristics of the
source rock and its structural features. If there are variations in the composition of the source rock or
weathering influences (eg impermeable layers blocking water ingress/egress during water table
fluctuations), the thickness and extent of the profile will be modified. This has consequences for
geostatistical estimation techniques in regards to stationarity concerns and domaining. The overall
mineralisation profile will tend towards the same type section, but the thickness can vary laterally.
These concerns drive the use of the unfolding technique described.
17.1.2
The resource estimation was done in unfolded space which maintains the zone layering irrespective
of zone thickness or orientation.
This approach:
Preserves the lodes profile characteristics (both horizontally and vertically) irrespective of
thickness.
Constrains informing samples for estimation to the lode(s) required and improves
stationarity/domainingconcerns.
ConvertsrealRLtoarelativeposition.
Unfolding is an advancement of the 2D gridded model technique. A 2D gridded model is often the
preferred method of estimation for laterally extensive deposits. Sometimes several (stacked) gridded
models are used to model the different vertical lodes individually. Unfolding is a technique designed
to allow more accurate analysis of grade continuity within a folded or faulted orebody by incorporating
variations in the third dimension, and is well suited to a tabular ore body such as the Miwah High
Sulphidation Epithermal deposit. Unfolding maintains relative position during the unfolding process.
(Vigar et al, 2009)
The process is summarised in the following steps:
The spatial position of the blocks to be estimated and the informing samples is determined
relative to the footwall and hanging wall of each lode. The original positions are shown in the
top image for each example in Figure 40.
The midpoints of the blocks and informing samples are moved to a relative position, strictly
vertically, but with the lodes still stacked one above the other. This is shown in the lower
image in Figure 41. The absolute thickness of each lode therefore becomes a relative
thickness.
Carry out variography analyses and perform interpolations into blocks.
Back-transform the blocks to their original positions.
The relative method of unfolding is used at Miwah as the vertical variation in the profile is controlled
by the various geological lodes, but is largely independent of their thickness.
The unfolding proportionally matches up the hanging wall, middle and footwall of each lode even if
there are rapid changes in thickness. The conversion of the real RL to a relative position of both the
Page 73 of 107
informing samples and the block centroids honours both the original sample support and block
variance, thus maintaining kriging efficiency.
The result is to maintain the profile as seen in the drill data in the resultant 3D block model, flat profile
in the west and draping (folding) to a shallow dip to the north.
Page 74 of 107
Description
Summary log of lithology and alteration codes
Collar file detailing collar position, drill dates and survey method
Down hole assay table detailing intervals and analytical results for
35 elements
Down hole survey table detailing depth, instrument, dip and
azimuth
Quality Control and Quality Assurance Data up to hole EMD56
and not including external laboratory checks or internal laboratory
repeats
Density data and associated Oxidation states
Summary log of oxidation States
Number of
records
6,996
92
15,254
363
788 CRM
781 Blanks
1,122
4,057
Access was provided to East Asias logging sheets, hard copy while on site, and several detailed logs
for specific holes were sent to Brisbane for review. MapInfo geology and alteration maps were also
provided to MA.
The Topography file provide was based on 10 metre aster data, with local corrections based on
surveyed spot height checks. (Miwah_traverse_20110204.dtm)
17.3 Dimensions
The EAM drill holes were planned to test depths and horizontal extents of the gold mineralisation
discovered at Miwah. Drilling to date has identified a near surface ore body that has known extents of
1,300 metres east-west by 400 metre north-south. The known northerly extent increases to 600
metres wide at depth.
Mineralisation occurs as a series of stacked lodes down to 300 metres below the summit of the hill
that defines the Miwah Main Zone. Eight individual lodes have been identified. The dominant shallow
dip (10 to 15 degrees) of the lodes is northerly toward Moon River where the extents of the ore body
remain open. Although many of the lodes are constrained by topography to the south and east, the
lowest identified lode continues below the valley to the east, open laterally. The known western
extent of mineralisation is offset by the Camp Fault. The mineralisation west of Camp Fault has been
modelled but additional drilling is required to determine if further faulting has offset the lodes, in
particular downward faulting as the mineralisation west of Camp Fault is deeper than expected.
The upper lodes are topographically constrained to the east however the lower lodes may extend
below the southern cliff to South Miwah Bluff where shallow (near surface) mineralisation may be the
surface expression of one of the lower lodes. Unmineralised zones between the lodes are very thin
between the upper lodes, often only a metre or two in thickness; however at depth, the unmineralised
zones separating the lodes are thicker, up to 30 metres in places.
Page 75 of 107
Miwah
Bluff
South
Miwah
Bluff
Block
M
Moon
River
Page 76 of 107
digital terrain models (DTM). The DTMs were used to constrain the resource by block. Each block
can only belong to one lode or domain.
Page 77 of 107
17.2
Drill hole data spacing is quite variable within each domain due to the restrictive nature of the
topography. East Asia has drilled a comprehensive north south section and one east west section
providing a good basis for a sectional interpretation, subsequent drilling as infilled the resource on
approximately 75 x 75 metre pattern in the upper lodes and up to 150m x150m in the lower lodes.
Moon River
Block M
Miwah Bluff
Page 78 of 107
17.5.1 Compositing
Drill intercepts within each lode are flagged in a database table and composited to 2m downhole
giving 3,905 informing composited samples from drillholes.
The objective of compositing data is to obtain an even representation of sample grades and to
eliminate any bias due to sample length (Volume Variance). The dominant sample length at Miwah is
one metre. An important factor in compositing is the mining method, the critical feature is the
perceived bench height, and in an open pit gold mine a five metre bench height is common, with
filches mined on 2.5m intervals. Considering the bench height, block size and to limit clustering of
informing data in the z direction a composite length of two metres was selected.
Domain(Au)
Numberofsamples
Minimumvalue
Maximumvalue
Mean
Median
GeometricMean
Variance
StandardDeviation
Coefficientofvariation
10.0Percentile
20.0Percentile
30.0Percentile
40.0Percentile
50.0Percentile
60.0Percentile
70.0Percentile
80.0Percentile
90.0Percentile
95.0Percentile
97.5Percentile
99.0Percentile
1
2
3
4
5
6
7
8
426
1753
760
460
345
45
125
9
0.01 0.009 0.0225 0.0117 0.01 0.025 0.0235 0.02
9.34 35.824 7.965 15.93 3.655 21.84 2.824 2.315
0.73
1.75
0.91
0.71 0.50 2.38
0.37 0.64
0.47
1.09
0.64
0.42 0.36 1.18
0.26 0.40
0.45
1.05
0.63
0.42 0.35 1.14
0.27 0.34
0.80
7.09
0.81
1.41 0.20 11.93
0.13 0.45
0.89
2.66
0.90
1.19 0.45 3.45
0.36 0.67
1.22
1.52
0.98
1.68 0.91 1.45
0.97 1.04
0.15
0.30
0.24
0.13 0.14 0.17
0.09 0.07
0.25
0.49
0.32
0.22 0.20 0.44
0.15 0.17
0.31
0.69
0.42
0.28 0.24 0.63
0.20 0.30
0.40
0.87
0.51
0.35 0.30 1.01
0.23 0.39
0.47
1.09
0.64
0.42 0.36 1.18
0.26 0.40
0.57
1.36
0.81
0.53 0.42 1.60
0.32 0.41
0.71
1.69
1.03
0.65 0.52 2.61
0.39 0.63
0.98
2.33
1.32
0.83 0.72 3.99
0.51 0.97
1.53
3.38
1.85
1.24 1.04 4.86
0.74 1.70
2.23
4.83
2.48
1.91 1.42 6.70
0.91 2.32
2.98
7.02
3.40
3.22 1.63 14.75
1.29 2.32
5.36 13.15
4.93
5.70 2.28 21.84
2.32 2.32
Page 79 of 107
Domain(Ag)
1
2
3
4
5
6
7
Numberofsamples
290
1604
709
384
291
43
103
Minimumvalue
0.5
0.5
0.5
0.5
0.5 0.6857
0.5
Maximumvalue
31.55 136.5 94.3 70.535 24.3 49.75 13.6
Mean
2.02
5.90 4.51
2.85 2.37
7.98 1.78
Median
1.00
2.70 2.45
1.71 1.45
3.80 1.30
GeometricMean
1.23
2.99 2.59
1.79 1.61
4.42 1.36
Variance
12.42 120.89 49.15 22.46 7.12 110.47 2.98
StandardDeviation
3.52 10.99 7.01
4.74 2.67 10.51 1.73
Coefficientofvariation 1.74
1.86 1.55
1.66 1.13
1.32 0.97
10.0Percentile
0.50
0.80 0.80
0.60 0.60
1.11 0.50
20.0Percentile
0.60
1.14 1.00
0.75 0.75
1.90 0.75
30.0Percentile
0.71
1.50 1.35
1.00 1.00
2.53 0.94
40.0Percentile
0.85
2.00 1.84
1.30 1.15
3.33 1.04
50.0Percentile
1.00
2.70 2.45
1.71 1.45
3.80 1.30
60.0Percentile
1.25
3.50 3.04
2.20 1.80
4.79 1.56
70.0Percentile
1.52
5.05 4.23
2.77 2.35
7.34 1.83
80.0Percentile
2.28
7.53 5.87
3.64 3.35
8.98 2.24
90.0Percentile
3.98 12.18 9.90
5.70 5.62 28.65 3.45
95.0Percentile
6.20 20.28 14.88
8.53 7.35 32.62 4.58
97.5Percentile
9.28 31.96 21.48 11.05 8.78 41.22 5.78
99.0Percentile
23.35 51.31 38.68 18.33 14.28 49.75 10.78
8
9
0.5
19.6
7.32
4.80
4.70
39.13
6.26
0.85
1.33
2.63
3.60
4.45
4.80
5.08
7.60
13.15
18.03
19.60
19.60
19.60
All gold results to IMD066 and all silver results to IMD059 were used in the analysis and estimation of
Miwah.
Lodes 2, 3, 4, 5 and 7 show decreasing grade with depth (Figure 46); Lode 1 and 6 and 8 do not
follow the trend. Lode one appears as a thin structurally controlled unit dipping to the north sitting
Page 80 of 107
above and on lode 2, lode 6 is south Miwah Bluff and lode 8 is too poorly defined to draw meaningful
comment.
Do
main
(Au)
1
2
3
4
5
6
7
8
CV
1.21
1.52
0.99
1.68
0.91
1.47
0.97
1.11
Grade
CV
% Cap
0.97
1.36
0.91
1.23
0.85
0.98
0.85
1.11
1.50%
0.50%
1.50%
1.50%
1.00%
2.50%
1.00%
0.10%
-5%
-2%
-2%
-7%
-1%
-14%
-3%
0%
Dom
ain
(Ag)
1
2
3
4
5
6
7
8
CV
1.78
1.87
1.56
1.67
1.13
1.33
0.97
0.91
Grade
CV
%
Cap
1.24
1.37
1.16
1.10
1.03
1.22
0.82
0.91
2.0%
2.0%
2.0%
1.0%
1.0%
2.5%
1.0%
0.1%
-12%
-5%
-8%
-7%
-2%
-5%
-3%
0%
The coefficient of variation (CV), histograms and probability plots (Appendix 1) were the dominant
guides to the degree of top cutting required. Gold grades were capped at between 98.5 percentile
and 99 percentile. Capped grade ranged from 1.73 (low grade domain) to 20.0 g/t (high grade
domain). Silver grade were capped at between 97.5 percentile and 99 percentile. Capped grades
ranged from 7.9 g/t to 32.68g/t.
17.5.4 Conclusions
Two metre composite lengths were most appropriate, composited data was less skewed and has
lower variance compared to the raw data and one metre data. With block dimension likely to be
greater than 2m in the vertical, it is appropriate to select a composite length similar to final bench or
flitch height. The minimum sample length included was 1m (50% of the required sample length) this
allows composites from thin upper lode (domain 1) and the lower shallow dipping thin lodes to be
informed by sufficient samples.
Although there are varying drill densities across the ore body, it was found that within individual
domains there is significant clustered data, however the unfolding of the orebody combined with
kriging is sufficient to take care of data clustering.
Page 81 of 107
Minimal grade capping was required to limit the effect of the high grade outliers. All domains display
good grade distribution and continuity (CV < 1.6, majority CV < 1.5), indicating few outliers exist, a
lenient grade cap was applied to all gold domains.
Domain two is most affected by both clustered data, as it is near the surface drill fan pierce points are
close together. In addition it is the thickest domain vertically thus contains the greatest proportion of
the undefined en echelon high grade pods. The en echelon pods have been logged in core and are
associated with high grade mineralisation, it is for this reason that domain two has a relatively high
grade cap applied to it.
17.6 Variography
The most important bivariate statistic used in geostatistics is the semivariogram. The experimental
semivariogram is estimated as half the average of squared differences between data separated
exactly by a distance vector h. Semivariograms models used in grade estimation should incorporate
the main spatial characteristics of the underlying grade distribution at the scale at which mining is
likely to occur.
The semivariogram analysis was undertaken for individual elements within each major grade domain
that contain sufficient data to allow a semivariogram to be generated. Three dimensional (3-D)
semivariograms are generated using two orthogonal principal directions, however as the data has
been unfolded there is not expected to be significant dip component to the variograms, any apparent
dip component would likely be secondary structures within the lode.
17.6.1 Methodology
For each variable in each domain, the experimental variogram containing the clearest structure and
greatest difference in range between each direction was selected for use in model fitting where
possible. The variogram modelling process using variables in unfolded space is described as follows:
Experimental variograms with small lags orientated down hole to aid interpretation of nugget
effect.
Omni-directional variogram to determine optimal lag distance for directional component of
variogram
Variogram map, computing 36 directions in the reference plane and normal to the reference
plane.
Directional variogram with 2 directions in reference plane (down dip) oriented parallel to the
average orientation of the wireframe models of each domain, plus variogram normal to the
plane (across strike).
Repeat for Silver.
The Gold and Silver variograms were computed from 2 metre composite East Asia drill data only.
Page 82 of 107
Domain
1
2
3
4
5
6
7
8
bearing
60
70
30
60
60
60
60
60
plunge
0
0
0
0
0
0
0
0
dip
0
0
10
0
0
0
0
0
Domain
1
2
3
4
5
6
7
8
Bearing
60
70
60
60
60
60
60
60
Plunge
0
0
0
0
0
0
0
0
Dip
0
30
0
0
0
0
0
0
C0
0.02
2
0.28
0.02
0.02
0.02
0.02
0.02
C1
0.015
2.45
0.16
0.015
0.015
0.015
0.015
0.015
A1
60
95
41
60
60
60
60
60
C2
0.82
2.76
0.39
0.82
0.82
0.82
0.82
0.82
A2
275
200
250
275
275
275
275
275
semif1
2
2.6
2
2
2
2
2
2
minorf1
4
8.01
3.5
4
4
4
4
4
semif2
2
2.6
2
2
2
2
2
2
minorf2
4
8.01
3.5
4
4
4
4
4
Semif2
2
9.67
2
2
2
2
2
2
Minorf2
4
9.81
4
4
4
4
4
4
C0
0.86
3
5
0.86
5
5
5
5
C1
0.58
11
5
0.58
5
5
5
5
A1
35
70
35
35
35
35
35
35
C2
10.2
111
40
10.2
40
40
40
40
A2
200
340
200
200
200
200
200
200
Semif1
2
9.67
2
2
2
2
2
2
Minorf1
4
9.84
4
4
4
4
4
4
17.2.1.1
Ordinary Kriging
Ordinary kriging (OK) is a robust grade estimation technique and is the main algorithm used in
estimation of the unfolded model. OK is a globally unbiased estimator which produces the least error
variance for grade estimates.
It uses the grade continuity information from the semivariogram to estimate grades into blocks. It is
also able to accommodate anisotropy within the data and is able to replicate this in the block
estimates. Another important feature of kriging is that it automatically deals with clustering of data
which is important in areas where the data density is not uniform.
Due to variable non-stationary issues OK was used in preference to simple kriging (SK) as only local
stationarity conditions are required for the OK algorithm.
Kriging forms a sound basis for generating block grade estimates at a scale which is appropriate to
the sample density. If tonnes and grades are required for volumes smaller than the kriging block size
then other more advanced non-linear techniques need to be applied.
Page 83 of 107
Mosaic Model
Diffusion-Type Model
Low grade
Intermediate grade
Medium grade
High grade
Low grade
Intermediate grade
Medium grade
High grade
Figure 47. The two end member models of grade correlation within a domain
Grades within the diffusion model show a systematic gradational relationship (Figure 47). This model
is appropriate if low grades tend to be adjacent to intermediate grades, which tend to be adjacent to
high grades, as seen at Miwah. The transition between high, medium and low grades is generally
systematic resulting in edge-effects. The different grade zones are assumed to be correlated in as
much as going from low to high grades requires the transitional grades to be medium.
The mosaic model, consists of random parcels of ore with grades that show no obvious systematic
trend (Figure 47). High-grade zones can occur adjacent to waste zones with any combination of
adjacent grade zones possible and no obvious correlation between the various parcels. The
correlation between adjacent zones is very low. In this case we say that there are no edge-effects.
If the diffusion model best represents the mineralisation being examined, a linear estimation method
such as Ordinary Kriging or non-linear estimation method such as a gaussian estimation methodology
for recoverable resource estimation.
If the mosaic model best describes the grade continuity, it is assumed that a minimum correlation
occurs between the mineralised grade zones within the broad grade envelope and an indicator based
estimation methodology is preferred.
Y
535300
536600
12.5
0.000
X
197300
198800
12.5
0.000
Z
1500
2050
2.5
0.000
The block dimension is one of the major variables that affect the grade estimation. The grade
estimates are smoother and the error of estimation is larger for a smaller block size (Armstrong and
Champigny, 1989). Generally a block dimension equal to one quarter of the sample spacing along a
plane (X and Y directions) is considered as industry standard, and may generate reasonable grade
estimations. A check model (Miwah6.mdl) of 25m x 25m x 5m was run as a check on over-
Page 84 of 107
smoothing; estimated grades were similar for each domain, though tonnes were inflated. Two options
were considered:
Sub-blocking: sub-blocks are difficult to control when importing the unfolded model
into re-folded space.
Partial Blocks: Open Pit optimisers effectively use partial blocks for scheduling when
inside the pit shell, however optimisers cant differentiate ore/waste boundaries for
locating pit walls, thus inflated strip ratios are reported for partial block models.
The requirement for spatial accuracy during unfolding and re-folding of the block model the smaller
block size was adopted.
17.2.1.2
Horizontal
Search Ag
200
340
200
200
200
200
200
200
Informing Samples
Selection of the informing sample is via a moving neighbourhood, moving with respect to the centroid
of the block. The search ellipse defines a pre-selection and sample weights are defined by the
variogram model. Large search ellipses can present distal samples with negative weights, however
due to the sparse nature of sample points; negative kriging weights from distant samples did not
present a problem during estimation.
It is recommended (Vann et al, 2003) that more than 10 12 samples be used as a minimum,
particularly in high nugget or appreciable short-scale structures are present in the variogram, no limit
is suggested for low nugget variograms, as low nugget models imply little variance over short ranges,
thus close composites get a high weighting. The low minimum number of informing samples (Table
15) was specified to allow blocks in poorly sampled peripheral portions of the domains to be
estimated. The number maximum of informing samples per hole was restricted to six, ensuring at
least three holes were utilised when estimating blocks in well sampled areas.
Informing sample criteria is the same for all elements within the domain.
17.2.1.3
Search Radii
Search radii were found to be optimal at or near the distance that the variogram reached the sill.
Thus the variogram ranges will be utilised in the maximum search distances. The isotropy apparent in
the variogram analysis is reflected in the search ellipse. Search Radii are varied according to ranges
indicated in specific variogram models
17.2.1.4
Discretisation
Discretisation is a means of correcting the estimate for the volume variance effect. It is used to give
an indication of the size and form of the block to the kriging system. This ensures that the estimates
Page 85 of 107
are a good representation of the block through the whole block. 4 (Y) by 4 (X) by 2 (Z) discretisation
points were used when estimating with two metre composites.
Type
Real
Real
Real
Real
Real
Real
Real
Character
Integer
Character
Character
Real
Character
Real
Integer
Real
Real
Real
Decimals
2
2
2
2
2
3
2
2
2
2
2
2
Background
0
0
0
0
-99
1
-99
UNDF
-99
UNDF
UNDF
2.3
uox
0
-99
0
0
-99
Description
surpac estimated silver values
Ordinary Krig Uncut Estimate
OK estimated gold values
Ordinary Krig Uncut Estimate
average distance for Au fill
krig variance gold
Distance to nearest drillhole
Hole_ID of nearest drillhole
number of informing samples for Au3
code
Resource category label
Bulk density of material
air, tox, pox, uox
bot of zone rl
Lithological code - numerical
thickness of zone
top of zone rl
elevation of surface
Page 86 of 107
Page 87 of 107
Millions
GradeTonnageCurves
3.00
120
106
104
2.72
100
Cum.Tonnes
cum.Augrade
2.50
2.43
2.12
2.00
Tonnes
1.83
61
1.56
60
1.31
1.50
43
1.08
40
0.94
1.00
31
0.92
HeadGrade(aug/t)
85
80
22
16
20
12
0.50
0.00
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.0
0
CutoffGrade(Aug/t)
The grade tonnage curve (Figure 51) depicts material below cut off which is within the geological
boundaries of the resource. The limited drilling on the periphery of the resource does not reduce the
confidence in the geological model but lack of data limits the grade estimate. Future drill programmes
will target these below cut off areas; minimal additional drill data will either bolster the grade or
remove the tonnes from the geological model.
Page 88 of 107
17.10
Bulk Density
The high sulphidation resource at Miwah is contains many voids, were minerals have been leached.
The leached portion of the rock must be taken into account when measuring the bulk density of the
material. The simplest way to account for the natural voids is to use the immersion method to
determine the density of the material. As described by Lipton (2001) water displacement method 5.
Bulk density is related to the oxidation state of the rock, the bulk density was determined from 1,122
core samples throughout the ore body. The Miwah geologists have logged four oxidation states
between totally oxidised to un-oxidised fresh rock. It is noted that fracture oxide is the densest
material; this is due to the formation of relatively dense goethite formation on the fractures.
Table 17: Bulk Density Summary
Oxidation State
Totally Oxidised
Partially Oxidised
Fracture Oxidised
Un-Oxidised
Code
TOX
POX
FOX
UOX
The oxidation states of each block were estimated using indicator kriging in three dimensional folded
space. Host rock oxidation state is recorded in the drill-hole database. Each hole was composited to
two metre intervals, and the dominant oxidation state written to the database. Using Indicator Kriging
the proportion of each oxidation state was estimated for each block. Search parameters and indicator
variogram parameters are presented in Table 18 and Table 19.
Table 18: Search Parameters for Oxidation State Indicator Kriging.
Search Parameters
Minimum Number of samples
Optimum Number of samples
Maximum Number of samples per
hole
Search Distance
Units
3
18
Bearing
33
Dip
26.6
Plunge
14.5
Ratio (major/semi-minor)
1.2
Ratio (major/minor)
1.2
7
180
Ratio
Ratio
Major/
SG
% total sill Range (m) major/semi Minor
20%
nugget
54%
1.8
sph
60
2.5
26%
1.2
sph
180
1.2
Oxidation State Proportions were normalised and bulk density assigned based on the proportion of
each oxide state in the block using Equation 1. The average bulk density of all material types is 2.41.
Equation 1: Bulk Density of Blocks
Page 89 of 107
Figure 52. EMD009 showing extensive void development within the ore zone (3.97g/t Au).
17.11
Moisture
No measurements were recorded. MA recommends East Asia select specific units at the drill rig and
promptly wrap in plastic. Once the core is transported to the core yard, the selected units can be
weighed then dried, and weighed again, this is a small addition to the density measurement
procedures.
17.12
Mining Factors
No mining factors have been applied to the in situ grade estimates for mining dilution or loss as a
result of the grade control or mining process.
17.13
Metallurgical factors
17.14
Assumptions for reasonable prospects for eventual economic extraction applied to this deposit,
include but may not be limited to the following:
Page 90 of 107
17.15
Resource Classification
Based on the study herein reported, delineated mineralisation of the Miwah Project is classified as a
resource according to the CIM Standards on Mineral Resources and Reserves Definitions and
Guidelines:
A Mineral Resource is a concentration or occurrence of diamonds, natural solid inorganic
material, or natural solid fossilized organic material including base and precious metals, coal,
and industrial minerals in or on the Earths crust in such form and quantity and of such a
grade or quality that it has reasonable prospects for economic extraction. The location,
quantity, grade, geological characteristics and continuity of a Mineral Resource are known,
estimated or interpreted from specific geological evidence and knowledge. (CIM, 2005)
A breakdown of the Miwah resource estimate by resource category is provided below.
Table 20: Miwah Gold Project Mineral Resource Estimate 2011.
ResourceCategory Tonnage
(Mt)
Inferred
103.9
Uncapped
103.9
Grade
Au
Ag
AuEq*
(g/t) Ag(g/t) (g/t)
0.94 2.68
0.98
0.98
2.99
1.03
ContainedMetal
Au
Ag
Au*Eq
(Moz) (Moz) (Moz)
3.14 8.95
3.28
3.27 9.99
3.43
*AuEqformulabelowinNotes
17.16
The following factors could potentially impact on the materiality of the mineral resource estimate:
Copper has been routinely assayed in drill core and it is known that copper grades increase
with depth; but no copper estimate is included in the resource statement. The copper content
was not considered as an economically extractable mineral in this study. The copper content
will require consideration during metallurgical test work.
Due to insufficient data specific to the structurally related high grade mineralisation, the
resource estimation has not included this potential source of gold mineralisation.
Miwah Project is located in Aceh Province, and area known to be seismically active.
There are 2 active volcanoes in the region; the Peut Sague volcano and the Bur ni Telong
volcano, 8km north and 60km west of Miwah respectively, which possibly could have impact
on the project should there be any eruptions..
Page 91 of 107
17.17
Resource/Reserve Statement
MA completed a resource estimate from first principals and suggests that the cut-off grade of 0.2 g/t
Au is appropriate for this scale of deposit. The estimation has defined inferred category mineral
resources of 103.9 Mt at a grade of 0.94g/t gold (Au) and 2.68g/t silver (Ag) for a contained 3.14
million ounces (Moz) of gold and 8.95 Moz of silver above a cut-off grade of 0.2 g/t gold. Un-capped
estimates returned 103.9 Mt of 0.98g/t Au and 2.99g/t Ag.
Table 21: Miwah Gold Project Mineral Resource Estimate 2011.
Grade
Contained Metal
Resource
Tonnage
Au
Ag
AuEq*
Au
Ag
Au* Eq
Category
(Mt)
(g/t)
Ag (g/t)
(g/t)
(Moz)
(Moz)
(Moz)
Inferred
103.9
0.94
2.68
0.98
3.14
8.95
3.28
Un-capped
103.9
0.98
2.99
1.03
3.27
9.99
3.43
* AuEq formula below in Notes
Table 22: Miwah Gold Project Mineral Resource Estimate 2011 by Oxide State.
Grade
Contained Metal
Oxide
Tonnage
Au
Ag
AuEq*
Au
Ag
Au* Eq
State
(Mt)
(g/t)
Ag (g/t)
(g/t)
(Moz)
(Moz)
(Moz)
Oxide
2.0
0.5
1.33
0.52
0.03
0.09
0.03
Partial Oxide
76.2
0.98
2.75
1.02
2.40
6.74
2.51
Fresh
25.7
0.94
2.55
0.88
0.70
2.11
0.73
Total
103.9
0.94
2.68
0.98
3.14
8.95
3.28
* AuEq formula below in Notes
Miwah contains the following Inferred Mineral Resources listed according to by cut-off grade:
Table 23: Miwah Gold Project Mineral Resource Estimate 2011 by Cut-off grade.
Cut-Off
Grade
Contained Metal
Grade
Tonnage
Au
Ag
AuEq*
Au
Ag
Au* Eq
Au (g/t )
(Mt)
(g/t)
Ag (g/t)
(g/t)
(Moz)
(Moz)
(Moz)
>0.2
103.9
0.94
2.68
0.98
3.14
8.95
3.28
>0.4
84.9
1.08
2.96
1.13
2.95
8.09
3.07
>0.6
61.1
1.31
3.36
1.36
2.57
6.60
2.68
* AuEq formula below in Notes
The grade tonnage curve indicates that the available tonnage is highly sensitive to cut-off grade. The
reported cut-off grade is stated at 0.2 g/t Au and small variances in cut-off grade result in large
variances in tonnage.
Page 92 of 107
Millions
GradeTonnageCurves
120
3.00
106
104
2.72
100
Cum.Tonnes
cum.Augrade
2.50
2.43
2.12
80
2.00
Tonnes
1.83
61
1.56
60
1.31
1.50
43
1.08
40
0.94
1.00
31
0.92
HeadGrade(aug/t)
85
22
16
20
12
0.50
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.0
0.00
CutoffGrade(Aug/t)
Figure 53. Miwah Mineral Resource Estimate 2011 - Grade Tonnage Curve.
The analysis and validation of the model was guided by geology, informing data, statistical measures,
and by check reporting and confirmation through comparison with ongoing diamond core drilling by
East Asia during the modelling process.
Page 93 of 107
6. The geological resource is constrained by block with footwall and hanging wall digital terrain
models. Hanging wall and footwall definition is based on channel samples, drillhole logging of
alteration, a minimum core sample grade of 0.2g/t Au, and includes minor internal dilution. Each
block can only belong to one domain.
7. Drill intercepts within each lode are flagged in a database table and composited to 2m
downhole giving 3,905 informing composited samples from drillholes.
8. A gold grade cap was applied to informing composites. Gold grades were capped at between
98.5 percentile and 99 percentile. Capped grade ranged from 1.73 (low grade domain) to 20.0 g/t
(high grade domain).
9. Density was determined on 1,122 samples throughout the ore body using the emersion
method. Bulk density is related to the oxidation state of the rock. The Miwah geologists have
logged four oxidation states between totally oxidised to un-oxidised fresh rock. The oxidation
states of each block were estimated using indicator kriging. Density was assigned based on the
proportion of each oxide state in the block. The average bulk density of all material types is 2.39.
10. Block model block size selection of XYZ 12.5 by 12.5 by 2.5m for both 3D and unfolded block
models. No sub-blocking was implemented, a 25 by 25 by 10m unfolded block model was run as
a cross check. The model was screened for topography by block.
11. Grade was interpolated into a constrained block model in unfolded space by domain using
Ordinary Krige estimation in two passes with parameters based on directional variography by
domain. Estimates were validated against informing samples and with nearest neighbour and
inverse distance squared, and Ordinary Kriging block estimation in 3D space. The block model
was also checked against recent East Asia drilling.
12. Informing samples were composited to two metres within geological boundaries. A minimum
of 5 composites for the dominant domains and 3 composites for the deeper domains and all
domains a maximum of 18 composites were used in the grade estimation of any particular block.
88 percent of blocks are informed by 18 composites.
13. Blocks were informed using anisotropic search ellipses as defined by variograms ranges, in
three directions. Variograms were defined for the three dominant domains for both gold and
silver, silver variograms were less robust than gold variograms. Orientations were generally 060
with semi-minor axis orientated to 330 degrees. Variograms are horizontal due to the unfolding
process. The major axis radius ranged from 200 to 400 metres. The majority of search ellipses
where set at 260m for gold and 200m for silver, with a major to semi-major axis ratio of 2 and a
major to minor axis ratio of 4. Anisotropy was much tighter in the high grade domain.
14. All resources have been classification as Inferred; MA has checked East Asias QA/QC data,
and independently sampled East Asia core (quarter core). Drill hole collars can be identified in
the field and recent East Asia Drilling has confirmed the presence of a large low grade gold
deposit at Miwah.
15. Lower cut off grade of 0.2 g/t gold was applied to blocks in reporting the resource estimates.
16. Gold equivalents have been calculated assuming the two year trailing average metal prices
and used a gold price of $US1,185.37 per ounce, and a silver price of $US20.01 per ounce, for a
silver to gold equivalency ratio of 56.42:1. Au Recovery is assumed 95% and Ag recovery is
assumed 85%.
17. *AuEqu formula = Au Est + (Ag Est *( Ag price/Au price)*(Ag recovery/Au recovery)) = Au Est
+ Ag Est * 0.01586.
18. Reported tonnage and grade figures have been rounded off to the appropriate number of
significant figures to reflect the order of accuracy of an inferred estimate. . Minor variations may
occur during the addition of rounded numbers.
17.18
Ore Reserves
Miwah is yet to undergo a feasibility study and therefore, ore reserves have not been determined.
Page 94 of 107
17.3 Discussion
MA notes that it is the intention of East Asia to continue drilling at Miwah with the view to increase the
size and confidence in the resource. It is evident from the review of the work to date and from the
compilation of the resource model that the gold mineralisation at Miwah has not been fully defined
and that additional gold mineralisation will likely be found as extensions to known lodes, in new zones
within the system and in yet to be defined, though intercepted in several holes, high grade structural
shoots.
Page 95 of 107
20 RECOMMENDATIONS
MA notes that it is the intention of East Asia to continue drilling at Miwah with the view to increase the
size and confidence in the resource.
The following recommendations have been made based on the technical review and the mineral
resource estimate for the Miwah Gold Project:
a.
b.
USD
1,300,000
960,000
418,000
120,000
1,296,100
4,094,100
MA considers the budget reasonable for the work planned and sufficient to achieve the objectives in
the time frame.
Qualified Person
Page 96 of 107
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Armstrong, M.and Champigny, N., 1989. A study on kriging small blocks, in CIM Bulletin, Vol. 82, No.
923, pp. 128-133.
Barber A.J., Crow M.J. & Milsom M.J., 2005. Sumratra: Geology, Resources and Tectonic Evolution.
Geological Society Memoir 31, 2005.
Buchanan, L, 1981. Precious metal deposits associated with volcanic environments in the southwest,
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Corbett, G., 2008, Geological models in epithermal porphyry exploration: Terry Leach Legacy,
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Crow M.J. & Van Leeuwen T.M., 2005. Chapter 12 Metallic Mineral Deposits. In Sumratra: Geology,
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mineralisation in Cenozoic magmatic arcs of Southeast Asia and the West Pacific.
G Resources Group Limited, 2010, G-Resources reports on updated mineral resource from the
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Limited, 28 Oct 2010.
Hedenquist, J.W., 2003, Epithermal high-sulphidation gold deposits: Characteristics, related ore
types, and exploration.
Hedenquist, J and White, 2005, Epithermal Gold Deposits, PDAC Short course.
Meldrum, S. J., 2009, Miwah High Sulphidation Epithermal Gold Complex, Aceh Province, Indonesia,
unpublished report, 10 December 2009.
Meldrum, S. J., 2010, Miwah & Sipopok Review, unpublished report, 4 March 2010.
PT Hatfield Indonesia, 2008, Baseline Environmental Assessment prior to Exploration in Miwah KP
(Kuasa Pertambangan)/ Mining Concession, Nanggroe Aceh Darussalam, Report # EAM881,
December 2008.
Royle, D., 2009, Technical Report on the Miwah Gold Prospect, Province of Nanggroe Aceh
Darussalam, Republic of Indonesia, unpublished Report, February 2009.
Samal A., 2010; How Good Are Your Resource (Block) Model Estimates? Pincock Perspectives,
Issue No. 102 May 2010, Pincock Allen & Holt
Vigar, A. J., 2005, Epithermal Gold, Internal Report, unpublished Report for Mining Associates Pty
Ltd, May 2005.
Vigar, A., Jiang, G., Morgan, M., MacDonald, G., Smith, L., Taylor, I., Recklies, M and Grolber. C.,
2009 Resource Estimation for the Aurukun Bauxite Deposit, Proceedings Seventh International Ming
Geology Conference, pp The Australasian Institute of Mining And Metallurgy: Melbourne
Watts, Griffis and McOuat Ltd, 2010, Interpretation of Radarsat Image Re. Miwah Gold Project,
Northern Sumatra, Indonesia, Unpublished Report, 20 October 2010.
Page 97 of 107
Williamson A. & Fleming G.J., 1995. Miwah prospect high sulphidation Au-Cu mineralisation, northern
Sumatra, Indonesia. PACRIM 95.
Wong, H., PT East Asia Minerals Indonesia, 2009, Drill core samples Chain of Custody Protocol,
Internal memorandum, 29 July 2009.
Woodard, A. J., 2010, Verification of drill core Sampling Miwah Project, Sumatra, Indonesia,
unpublished Mining Associates Pty Ltd Report for East Asia Minerals Corporation, December 2010.
Page 98 of 107
23
For the purposes of the Technical Report entitled: A Technical Report on Exploration and
Resource Estimation of the Miwah Project, Sumatra, Indonesia dated 5 May 2011, of which I am
the author, I am a Qualified Person as defined in National Instrument 43-101 (the Policy) and a
Competent Person as defined under the JORC code (2004).
I have read the Policy and this report is prepared in compliance with its provisions. I have read the
definition of "qualified person" set out in National Instrument 43-101 ("NI 43-101") and certify that by
reason of my education, affiliation with a professional association (as defined in NI 43-101) and past
relevant work experience, I fulfil the requirement to be a "qualified person" for the purposes of NI 43101.
To the best of my knowledge, information and belief, the report contains all scientific and technical
information that is required to be disclosed in order to make this report not misleading.
I have not had prior involvement with the property that is the subject of the Technical Report.
I have no direct or indirect interest in the property that is the subject of this report. I do not hold,
directly or indirectly, any shares in East Asia Minerals Corporation or other companies with interests in
the Miwah Project.
I will receive only normal consulting fees for the preparation of this report.
I am fully independent of the issuer applying all of the tests in section 1.4 of NI 43-101.
Dated at Brisbane this 5 May 2011.
Ian Taylor
BSc (Hons), MAIG, MAusIMM
Qualified Person
Page 99 of 107
the number of openings (200) in one linear inch of screen mesh (200 mesh approximately equals
213 microns)
Au
block model
A block model is a computer based representation of a deposit in which geological zones are
defined and filled with blocks which are assigned estimated values of grade and other attributes.
The purpose of the block model (BM) is to associate grades with the volume model. The blocks in
the BM are basically cubes with the size defined according to certain parameters.
bulk density
The dry in-situ tonnage factor used to convert volumes to tonnage. Bulk density testwork is carried
out on site and is relatively comprehensive, although samples of the more friable and broken
portions of the mineralised zones are often unable to be measured with any degree of confidence,
therefore caution is used when using the data. Bulk density measurements are carried out on
selected representative samples of whole drill core wherever possible. The samples are dried and
bulk density measured using the classical wax-coating and water immersion method.
CIM
The lowest grade value that is included in a resource statement. Must comply with JORC
requirement 19 reasonable prospects for eventual economic extraction the lowest grade, or
quality, of mineralised material that qualifies as economically mineable and available in a given
deposit. May be defined on the basis of economic evaluation, or on physical or chemical attributes
that define an acceptable product specification.
diamond drilling,
diamond core
Rotary drilling technique using diamond set or impregnated bits, to cut a solid, continuous core
sample of the rock. The core sample is retrieved to the surface, in a core barrel, by a wireline.
The drill core is taken from the drill site to a secure compound at the Company's field camp and is
logged by the geologist. The drill core is then split into two equal halves along its long axis, with
one half being sampled at predetermined intervals, collected in calico bags and sent for analysis.
The remaining half-core is retained in core boxes and stored on site for future reference. Usual
core sizes are PQ3 ( 83mm) from surface to approximately 50 metres depth, then HQ3 ( 61mm)
to the end of the hole.
down-hole survey
drill-hole database
The drilling, surveying, geological and analyses database is produced by qualified personnel and
is compiled, validated and maintained in digital and hardcopy formats.
g/t
g/t Au
gold assay
The maximum value assigned to individual informing sample composites to reduce bias in the
resource estimate. They are capped to prevent over estimation of the total resource as they exert
an undue statistical weight. Capped samples may represent outliers or a small high-grade
portion that is volumetrically too small to be separately domained.
inverse distance
It asserts that samples closer to the point of estimation are more likely to be similar to the sample
estimation
at the estimation point than samples further away. Samples closer to the point of estimation are
collected and weighted according to the inverse of their separation from the point of estimation, so
samples closer to the point of estimation receive a higher weight than samples further away.
The inverse distance weights can also be raised to a power, generally 2 (also called inverse
distance squared). The higher the power, the more weight is assigned to the closer value.
CIM Inferred
Resource
An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or
quality can be estimated on the basis of geological evidence and limited sampling and reasonably
assumed, but not verified, geological and grade continuity. The estimate is based on limited
information and sampling gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drill holes.
CIM Indicated
Resource
An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or
quality, densities, shape and physical characteristics, can be estimated with a level of confidence
sufficient to allow the appropriate application of technical and economic parameters, to support
mine planning and evaluation of the economic viability of the deposit. The estimate is based on
detailed and reliable exploration and testing information gathered through appropriate techniques
from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely
enough for geological and grade continuity to be reasonably assumed.
CIM Measured
Resource
A Measured Mineral Resource is that part of a Mineral Resource for which quantity, grade or
quality, densities, shape, and physical characteristics are so well established that they can be
estimated with confidence sufficient to allow the appropriate application of technical and economic
parameters, to support production planning and evaluation of the economic viability of the deposit.
The estimate is based on detailed and reliable exploration, sampling and testing information
gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings
and drill holes that are spaced closely enough to confirm both geological and grade continuity.
kriging
neighbourhood
analysis, or KNA
The methodology for quantitatively assessing the suitability of a kriging neighbourhood involves
some simple tests. It has been argued that KNA is a mandatory step in setting up any kriging
estimate. Kriging is commonly described as a minimum variance estimator but this is only true
when the block size and neighbourhood are properly defined. The objective of KNA is to determine
the combination of search neighbourhood and block size that will result in conditional
unbiasedness.
lb
micron ()
Mineral Resource
Mo
molybdenum assay
nearest neighbour
estimation Inferred
Nearest Neighbour assigns values to blocks in the model by assigning the values from the nearest
sample point to the block attribute of interest. that part of a Mineral Resource for which tonnage,
grade and mineral content can be estimated with a low level of confidence. It is inferred from
geological evidence and assumed but not verified geological and/or grade continuity. It is based
on information gathered through appropriate techniques from locations such as outcrops,
trenches, pits, workings and drillholes which may be limited or of uncertain quality and reliability.
NI 43-101
National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). Reports
written by persons issuing technical reports that disclose information about exploration or other
mining properties to the public are governed by a number of regulations in Canada. The most
important of these are NI 43-101 for mineral properties.
ordinary Kriging
estimation, or OK
Indicated
Kriging is an inverse distance weighting technique where weights are selected via the variogram
according to the samples distance and direction from the point of estimation. The weights are not
only derived from the distance between samples and the block to be estimated, but also the
distance between the samples themselves. This tends to give much lower weights to individual
samples in an area where the samples are clustered. OK is known as the best linear unbiased
estimator. The kriging estimates are controlled by the variogram parameters. The variogram model
parameters are interpreted from the data while the search parameters are optimised during kriging
neighbourhood analysis.
oz
QA/QC
Quality Assurance/Quality Control. The procedures for sample collection, analysis and storage.
Drill samples are despatched to certified independent analytical laboratories for analyses.
Blanks, Duplicates and Certified Reference Material samples are included with each batch of drill
samples as part of the Companys QA/QC programme.
RC drilling
Reverse Circulation drilling. A method of rotary drilling in which the sample is returned to the
surface, using compressed air, inside the inner-tube of the drill-rod. A face-sampling hammer is
used to penetrate the rock and provide crushed and pulverised sample to the surface without
contamination. Usually 1 metre samples are collected in a plastic bag from the bottom discharge
chute of a cyclone. Sub-sample splits are collected in calico bags using a jones-type riffle splitter
to obtain a 3-4kg subsample for submission to the laboratories for analyses. Usually RC is carried
out using a face-sampling hammer with a bit diameter of 5 ( 135mm).
survey
Comprehensive surveying of drillhole positions, topography, and other cadastral features is carried
out by the Companys surveyors using total station instruments and independently verified on a
regular basis. Locations are stored in both local drill grid and UTM coordinates.
variogram
The Variogram (or more accurately the Semi-variogram) is a method of displaying and modelling
the difference in grade between two samples separated by a distance h, called the lag distance.
It provides the mathematical model of variation with distance upon which the Krige estimation
method is based.
wireframe
This is created by using triangulation to produce an isometric projection of, for example, a rock
type, mineralisation envelope or an underground stope. Volumes can be determined directly of
each solid.
534900N
535000N
535100N
534900N
535000N
197300E
535100N
535200N
535300N
0
167
535400N
1660
1660
60
16
1690
1720
535500N
535200N
535300N
535400N
1660
1660
1700
535600N
1660
1650
10
17
173
0
174
0
175
197300E
1670
70
16
1680
535500N
535600N
1760
20
90
16
17
00
17
1740
1750
17
30
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
1800El
1800El
0.0
0.0
0.67
0.61
0.66
0.58
0.31
0.45
0.58
0.41
0.37
0.40
0.34
0.44
0.40
0.28
0.44
0.50
0.47
0.27
0.29
0.44
0.41
0.35
0.29
0.49
0.55
0.45
0.49
0.28
0.28
0.0
0.1
0.1
0.1
0.1
0.3
0.31
0.2
0.3
0.8
0.60
1.1
0.8
0.56
0.3
0.1
0.4
0.27
0.2
0.1
0.1
0.1
0.1
0.0
0.35
0.65
0.40
0.28
0.58
0.45
0.39
0.53
0.44
0.45
0.54
1700El
0.56
0.43
0.45
0.55
0.55
0.45
0.50
0.55
1700El
0.62
0.48
0.40
0.50
0.50
0.41
0.35
0.53
0.52
0.33
0.53
eam_sec197325
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
1670
70
16
534900N
535000N
16
50
80
16
60
535200N
1680
168
0
60
16
1670
1680
1670
1660
534900N
0
168
1680
535000N
535500N
1690
16
80
1680
1690
90
16
1650
535600N
50
1720
17
169
1690
535100N
17
00
17 3
1710
40
16
1720
17
80
16
1700
535200N
169
168
535300N
1700
535300N
535400N
535500N
535600N
1750
0
73
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
SCSC
ADP
0.0
0.0
0.0
0.0
0.0
0.0
AD
0.0
0.0
0.
0.3 1
0.1
0.0
0.25
0.28
0.30
0.31
0.32
0.21
0.24
0.30
0.27
0.32
0.45
0.53
0.21
0.22
0.23
0.21
0.42
0.51
0.66
0.65
0.83
0.80
FB
1800El
1.06
1.30
1.00
1.21
1.29
1.03
0.62
0.59
0.57
0.54
1.44
1.32
0.50
0.46
0.44
0.66
0.53
0.65
0.60
0.86
0.78
0.58
0.51
0.51
0.74
0.82
1.05
1.45
0.53
0.88
0.88
0.93
0.85
0.96
0.71
0.74
0.89
0.84
0.94
0.56
0.58
1.02
0.72
0.70
1.32
2.01
2.37
0.62
0.60
1.55
1.85
2.12
0.55
0.87
1800El
0.74
1.80
2.75
1.66
2.67
AD
P
1.80
2.61
4.45
4.83
1.47
1.98
5.24
1.37
1.10
2.13
5.70
1.31
1.03
1.94
2.01
2.08
1.27
0.96
0.90
0.85
1.30
1.36
1.22
1.19
1.10
1.13
1.17
1.33
1.99
2.61
1.60
2.29
5.84
0.60
0.68
1.60
5.87
1.22
1.86
5.68
4.94
1.37
BX
0.31
0.29
0.25
0.71
0.93
0.65
0.32
0.91
0.97
0.95
0.60
1.00
0.80
AD
P
0.99
5.07
0.92
1.63
4.81
0.87
1.59
4.57
0.86
1.49
4.84
3.08
0.86
0.54
1.55
1.08
0.89
QD
P
0.60
0.66
0.70
0.73
0.73
0.72
0.55
0.64
0.66
0.66
0.65
0.63
0.63
0.53
0.47
0.48
0.46
0.44
0.42
0.32
0.60
0.43
0.28
0.70
0.39
0.69
0.37
0.63
0.21
0.39
0.36
0.41
0.31
0.38
0.42
0.27
0.24
0.66
0.47
0.25
0.28
0.47
0.46
0.27
0.40
0.50
0.43
0.29
0.41
0.52
0.50
0.30
0.46
0.53
0.35
0.50
0.57
0.39
0.55
0.53
0.58
0.54
0.47
0.58
0.43
0.48
1700El
0.51
1700El
0.47
0.54
0.53
0.55
0.68
0.51
0.51
0.70
0.54
0.54
0.55
0.61
0.67
0.69
0.45
0.57
0.62
0.63
0.71
eam_sec197375
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
535000N
1660
535100N
1680
0
1690
166
0
16
70
1700
197400E
1700
1680
90
16
534900N
169
535000N
17
10
1700
1700
30
20
17
0
174
0
170
535400N
197400E
535600N
1750
1690
1700
1710
1710
1710
1690
1700
1700
50
1690
535100N
1710
17
17
1710
10
535200N
0
172
17
40
1760
1720
1720
1720
535300N
0
173
17
535300N
1740
535400N
535500N
50
17
535600N
6
17
1690
0
169
177
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
0.0
FBX
ADP
FBX
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
2.00
2.12
1.96
1.87
1.57
1.97
1.97
2.00
1.63
1.40
1.95
1.81
2.06
1.50
0.88
0.80
1.28
1.76
2.03
0.86
0.97
0.82
0.99
1.13
1.57
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.22
0.0
0.0
0.0
1.55
0.89
0.75
0.90
1.30
0.96
0.93
0.81
0.88
0.93
0.76
0.75
0.93
0.87
0.86
0.99
1.03
0.78
0.75
0.71
1.96
ADP
1.26
0.75
0.97
1.13
1.12
1.09
1.06
1.13
1.41
1.34
1.21
1.06
1.08
1.44
1.30
1.57
1.07
1.35
1.53
1.59
1.30
2.65
2.64
1.57
1.62
1.55
1.17
2.88
1.69
1.67
1.66
1.57
3.03
3.42
4.27
1.66
1.49
1.63
1.51
1.84
1.69
1.50
1.46
1.45
1.64
1.58
1.59
1.41
1.29
1.17
1.46
1.47
1.40
1.29
1.40
1.35
3.28
3.76
1.02
1.14
1.18
0.78
0.81
0.85
1.22
0.78
0.88
1.09
1.21
0.86
1.16
0.81
0.92
1.08
0.90
0.90
1.03
1.06
1.04
0.94
0.62
0.62
0.81
0.88
0.81
0.89
0.85
0.73
0.73
0.76
0.76
0.71
0.72
0.74
0.73
0.76
0.79
0.73
0.75
0.76
1.13
1.09
0.78
0.54
0.74
0.66
0.64
0.51
0.52
0.60
0.27
0.40
0.31
0.43
0.34
0.47
0.41
0.50
0.47
0.54
0.48
0.49
0.54
0.50
0.51
ADP
0.0
0.0
0.0
0.0
0.0
0.18
0.22
0.19
0.30
0.44
0.46
0.66
0.90
0.65
0.95
1.24
1.14
1.58
1.41
1.98
2.48
1.89
SC L0.2
S 0.1
ADP
2.50
0.57
0.1
0.1
P
AD
0.69
0.51
0.60
1.33
0.55
0.95
0.89
0.77
0.72
0.66
0.59
0.89
0.74
0.86
0.62
1.02
1.64
0.71
1.15
1.87
1.62
1.63
1.80
2.18
2.28
2.47
2.53
2.57
2.69
1800El
1.99
2.69
1.66
2.50
1.42
2.26
5.36
1.58
1.68
4.93
0.60
1.57
1.16
0.78
4.52
1.20
1.46
3.15
1.58
2.81
4.24
1.36
1.17
0.81
3.16
1.20
0.85
3.47
3.23
1.23
1.19
1.15
3.37
1.23
1.25
2.64
0.73
0.74
0.96
3.89
0.77
4.94
1.14
1.39
0.45
2.52
1.29
0.97
0.53
0.55
2.48
1.13
0.67
0.68
0.55
1.38
1.50
0.68
0.58
0.94
0.86
0.97
1.25
0.88
0.82
1.15
1.58
0.86
0.77
1.38
1.85
0.86
1.34
1.54
2.24
0.84
0.77
1.72
2.52
0.71
2.05
3.00
0.83
0.92
1.50
3.12
0.93
3.21
3.15
0.96
1.00
3.29
2.88
0.0
0.36
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 0.0
0.0
0.0
0.0
0.21
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
.2
0
0.0
0.3.5
0 .4
0.0
0 .4
0 .4
0.0
0.27
0 .7
0 .4
0.0
0 .5
0.28
0 .5
0.0
0 .2
00.29
0.25
0.29 00.2
.0
0.2.2
0
.0
0 .1
0 0.21
0 .0
0.0.0
0 .1
0 .0 0.1
0 .0 0.3
0 .1 0.3
0 .10.2
0 0.1.5
0
0 0.2.1
0 .00.2
0 .0 0.2
0.1.0 0.3.3
0.1 0 .2
0 .1 0.51
0
0.53
0.84
0 .1
0 .1
0 .1
0.1.2
0 0.58
1.03
0.59
0.61
0.56 00.1
0.51
0.3.2
0 .2
0.3.3
0 .2
0
0.64
0.51
0.76
0.78 0 .2
0.78
0.62
0 .1
.2
0 .0
0
0
0.2.3
0.54
0.71
0.73
0.50
0
1.6.8
0.80
0.63
0.0
.0
0
4.7
0.90
0.73
0.0
4
0 .9
0.69
0.0
0 .7
0 .8
0.0
0.3.3
0.3
0.0
0
0.3.4
0.0
0
0.1.3
0.0
2.6
0.0
0.0
0.0
0.0
0
.0
4.76
4.51
0
0.0
0 .2
0.3.5
1.37
2.37
2.08
1
0.7.6
.0
01.98
5.80
1.20 0.0
1.28
1.12
0.83
0.0
0.0
1.01
1.27
1.80
1.25
0.73
0.0
0.0
.0
0.0
1.010
0.69
0.0
1.17
0
0.0
0 .4
0.0.2
0.35
0.0
0.0
0.31
0
0 .2
0.0
0 .8
0.53
0.2.20.52
0.0
1
0 .1
0.0
0.79
0.47
0.24
0 .9 0.75
0.7.7
0.0
0.8
0.77
0.77
0.76
0.52
0.58
0.31
0.0
0.0
0.82
0.80
0.55
0.0 0.33
0.0
0.5
0.81
0.78
0.57
0
1 .6
0.0
0 .1
0.84
.0
0 .6
00.79
0.8.7
0.86
0.81 01.0
1.3.7
0.0
0.69 0.4
0.0
0.0
0.78
0.390
.0
0.0
0.0
0.50
0.67
0.0
0.0
0.34
0.0
0.0
0.47
0.0
0.0
0.0
0.71
0.0
0.0
0.63
0.0
0.0
0.30
0.0
0.43
0.66
0.24
0.0
0.39
0.64
0.32
0.0
0.0
0.63
0.33
0.64
0.31
0.34
0.60
0.60
0.63
0.56
0.56
0.60
0.56
0.37
0.42
0.55
0.62
0.30
0.23
0.32
0.41
0.55
0.27
0.34
0.42
0.47
0.21
0.37
0.41
0.44
0.45
0.0
0.46
1700El
0.0
0.2.6
0 .6
0 .7
00.9
0.39
0.49
1700El
0.0
0.0
0.27
1800El
0.0
0.57
0.68
0.53
0.52
0.56
0.54
0.63
0.49
0.58
0.54
0.65
0.46
0.53
0.58
0.50
0.59
0.51
0.56
0.65
0.58
0.49
0.66
0.62
0.50
0.71
0.74
0.77
0.67
0.70
0.44
0.61
0.0
ADP
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
eam_sec197425_01
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
535000N
535100N
16
90
535200N
535000N
534900N
1670
1680
0
169
1660
10
17
1700
535100N
168
0
1710
168
0
0
535200N
172
535300N
06
00
1700
1710
D0
535400N
175
0
1740
EM
1740
17
1710
1720
0
173
1740
535500N
1750
535600N
10
17
16
90
1740
1770
17
E M 40
D0
05
50
17
60
17
535300N
750
1720
1750
173
1760
535400N
535500N
535600N
1760
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.49
0.23
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.42
0.42
0.24
0.37
0.35
0.29
0.37
0.26
0.0
0.35
0.25
0.29
0.28
1800El
2.01
2.21
2.40
1.85
1.66
1.76
2.02
2.18
1.56
1.80
2.18
2.53
1.66
1.29
1.64
2.06
2.79
2.50
1.61
1.87
1.30
1.53
2.28
2.69
2.35
1.23
0.95
1.21
1.62
2.37
2.32
2.20
1.58
0.75
0.77
0.91
1.19
1.26
1.43
2.20
1.89
0.86
0.84
0.82
0.90
0.86
1.01
0.94
1.09
1.51
1.00
0.94
0.96
1.02
0.92
0.97
0.93
0.98
0.97
1.05
1.08
0.88
0.92
0.94
0.74
0.88
0.78
0.97
0.94
0.96
0.94
0.72
0.87
1.10
0.89
0.71
1.16
0.78
0.93
1.28
0.95
0.61
0.69
0.51
0.62
0.93
0.43
0.50
1.08
0.49
0.64
FBX
0.82
1.06
1.02
0.71
0.52
0.68
0.84
0.90
0.61
0.52
0.0
0.62
0.67
0.74
0.61
1.15
0.83
0.68
0.68
0.77
0.74
0.70
1.02
1.04
1.04
1.08
0.86
0.87
0.87
1.06
1.34
1.19
1.28
1.06
0.89
1.21
1.34
1.44
1.41
1.19
1.28
1.41
1.55
1.73
1.34
1.60
1.86
1.45
1.35
1.60
1.35
1.37
BX
BX
ADP
1.03
1.13
1.14
0.69
1.29
1.27
1.13
1.08
1.00
0.96
0.77
0.97
1.38
1.18
1.07
0.96
0.89
0.70
0.72
1.06
1.31
1.13
0.92
0.76
0.44
0.63
BX
0.0
0.0
0.21
0.27
ADP
BX
ADP
1.06
0.57
0.28
ADP
0.32
0.39
0.34
0.46
0.7
0.8
0.8
0.9
0.9
0.5
0.2
0.3
0.8
0.8
0.0
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
BX
ADP
BX
ADP
ADP
0.63
0.64
0.21
0.48
0.45
0.45
0.52
0.60
0.69
0.71
0.47
0.57
0.68
0.81
0.92
0.98
1.04
1.35
1.39
0.24
1.43
0.93
0.84
1.04
0.83
0.91
0.59
0.67
0.57
0.58
0.60
0.72
0.66
0.77
0.89
0.91
0.77
0.72
0.79
0.71
0.61
0.54
0.76
0.73
0.74
0.87
0.82
0.83
0.76
0.57
0.73
0.76
0.71
0.66
0.70
0.77
0.92
0.76
0.76
0.83
0.89
1.06
1.76
1.54
1.21
2.23
1.75
2.13
2.32
1.66
2.78
0.1
0.1
0.1
0.1
0.1
0.1
0.1
1.4
0.0
0.1
0.0
0.0
0.0
1.66
1.62
1.90
1.77
1800El
1.99
1.83
1.97
1.67
0.0
0.0
0.0
0.0
0.0
0.0
1.62
0.72
1.87
2.38
0.95
0.94
0.89
1.44
2.81
1.08
1.23
1.27
1.47
3.09
2.92
1.65
1.59
1.60
1.46
1.91
2.74
3.07
1.88
1.73
1.47
1.47
1.56
1.23
1.22
1.92
1.76
1.46
1.38
1.36
1.21
1.19
1.15
1.52
1.45
1.44
1.31
1.31
1.25
1.01
0.92
1.46
1.45
1.26
1.08
1.00
0.87
1.28
1.21
0.88
1.17
1.18
0.79
0.98
1.18
0.73
2.36
1.22
0.91
2.19
0.77
0.85
1.57
1.26
0.80
0.68
1.41
1.68
2.35
1.30
0.93
0.78
0.74
0.86
0.51
1.42
0.98
0.90
0.83
0.53
0.51
1.48
1.48
1.13
0.87
0.54
0.52
0.52
1.16
1.07
0.63
0.54
0.53
1.52
1.46
1.40
1.11
0.54
1.41
1.16
ADP
1.82
3.10
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.3
0.1
0.0
3.08
2.96
2.81
2.60
1.82
3.52
1.42
0.71
0.59
0.44
0.61
0.56
0.51
0.46
0.36
0.58
0.58
0.54
0.48
0.43
0.30
0.52
0.54
0.52
0.50
0.55
0.43
0.26
0.54
0.50
0.56
0.60
0.60
0.47
0.50
0.34
0.74
0.66
0.72
0.69
0.96
0.73
0.87
0.96
0.72
0.91
0.62
0.95
0.94
0.99
1.30
1.05
1.08
1.17
1.64
1.06
1.30
0.0
2.00
1.88
2.19
0.0
0.0
0.0
0.5
0.6
1.56
0.97
2.00
AD
P
1.98
1.59
1.43
2.03
1.50
2.34
2.88
0.85
0.68
0.66
2.28
3.39
3.29
1.43
1.06
2.65
2.56
2.62
0.96
0.68
1.60
2.32
0.0
0.92
0.0
0.43
0.52
0.98
0.0
0.0
0.0
0.42
0.43
1.03
0.0
0.0
0.41
0.47
0.29
ADP
BX
1.35
0.53
0.30
0.0
0.0
0.0
0.0
0.0
0.0
0.21
0.0
0.0
0.0
0
.
0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0.0
0
0.50
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.950.5
0.0
0.2
0.750.4
0.6
0.0 0.8
0.0 0.0
0.0
0.0
0.0
ADP 0.0 0.0
0.0
0.0
0.0
ADP0.0 0.0
0.0
0.3
0.2
0.3
0.68
1.1
0.4
1.11.1
1.4
1.0
0.93
1.0
0.4
1.11.0
1.80.2
1.0
0.85
0.3
1.5
1.50.5
0.3
0.5
1.17
1.4
0.4
1.01.4
5.7
1.4
1.94
1.4
3.1
0.72.2
0.3
5.6
2.18
1.5
0.6
5.1
0.6
4.4
1.0
1.76
2.1
0.8
1.4
0.9
3.2
1.0
1.37
1.2
1.8
1.4
0.8
1.0
1.5
1.43
0.7
1.6
0.1
1.7
2.2
1.9
0.1
1.3
1.4
0.6
0.5
0.6
1.01
0.5
0.6
0.8
0.0
0.2
0.70
0.6
0.0
0.9
0.9
0.60
0.0
0.8
1.2
1.1
0.48
0.2
0.54
0.47
1.64
1.08
0.51
0.57
0.63
0.26
0.27
0.93
0.76
0.29
2.33
0.95
0.58
0.57
0.27
0.58
0.56
0.50
0.54
0.34
0.49
1700El
0.55
0.56
0.34
0.26
0.57
0.49
0.33
0.0
0.45
0.60
0.64
0.69
0.75
0.80
0.38
0.50
0.54
0.59
0.64
0.81
0.23
0.23
0.22
0.28
0.36
0.69
0.81
0.26
0.31
0.39
0.44
0.69
0.75
0.42
0.47
0.54
0.47
0.53
0.68
0.62
0.54
0.59
0.67
0.69
0.59
0.64
0.62
0.74
0.61
0.59
0.64
0.61
0.80
0.70
0.55
0.49
0.83
0.59
0.53
0.48
0.72
0.63
0.50
0.84
0.68
0.64
0.44
0.77
0.66
0.57
0.47
0.75
0.78
0.50
0.57
0.61
0.46
0.82
0.55
0.50
0.85
0.68
0.46
0.83
0.54
0.38
0.0
0.0
0.0
1700El
0.0
0.9.3 0.23
0 .3
0 .1
0 .1 0.41
0 .1
0 .1
0 .0
0 .1
0 .1
0 .3
0 .4
0
0.5
0.3
0.0
0.54
0.74
0.43
0.82
F
F
eam_sec197475
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
535000N
534900N
1650
1670
1660
535000N
171
0
197500E
1640
535100N
535200N
00
535100N
535300N
535400N
EM
D0
07
17
1710
169
0
60
17
535500N
535300N
535400N
1750
535500N
535600N
535600N
60
0
168
17
80
10
17
169
0
1710
1720
197500E
0
171
1730
177
17
00
1700
1740
70
17
17
1770
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
SL
0
SL 0.
SL
SL 0.0 0.0.0
SLCT0.0 0
T ACT
A
0.53
0.67
0.70
0.58
0.37
0.47
0.39
0.29
0.42
FBX
0.53
0.33
0.27
0.26
0.33
AD
0.30
2.15
2.24
1.52
2.05
2.18
1.22
1.80
1.69
1.59
1.38
1.63
1.36
1.29
1.41
1.44
1.13
1.45
1.21
1.37
0
1.59
1.69
1.76
0 .1
2. .7
1.99
2.82
3.21 32.38
3.2.7
2.02
4.39
5.104.8
5
3.42
4.05
1.67
4 .2
4.1.6
2
2.68
1.16
3 .82.66
2.9.3
0.2
BX
3
.
1.44
0.63
0.2
1 0 1.73
FBX 0.3
0 .4
0 .3
0.5
1.30
1.45
0.84
1 .5
0.4
2 .1
1 .5
0.7
1.13
0.82
1.8.9
B0.94
0.7
X 00. .9
0.7
0.90 0.27
0.98
0.83
1.8
0.7
0.4
BX
0
.
8
0.5
0.95
0.950.4
0.88
0.6
1
1.2
0.9.2
0.9
0.94
0.91
0.92
0
0.8
1 .7
1.0
1.4.8
1.35
1.08
0.7 11.11.23
0.1 20.7.4
0.020.5.1
FBX 0.0
3 .2
1 .0
1.3.7
0.0.0
5
0.0 0.0
0.0 0.0
BX 0.0
0.0
0
0.0.1
0.90
0.0
0.0
0.95
FBX 0.0
0.1
BX 0.0
0.87
0.93
0.88
0.0
0.4
0.75
0.75
0.78
FBX 0.1
0.0
0.84
0.0
1.72
1.18
1.41
1.21
0.94
2.68
1.03
0.76
1.36
1.27
1.00
1.99
0.63
0.57
0.95
1.05
1.09
1.18
0.58
0.56
0.58
0.98
0.97
0.52
0.55
0.49
0.86
1.53
1.38
0.70
0.69
0.54
0.61
1.79
1.60
0.86
0.79
0.82
0.63
1.45
0.95
0.88
0.85
0.81
0.98
1.07
0.99
0.82
1.08
1.10
1.04
1.22
1.01
0.64
0.57
0.87
0.97
0.78
1.24
1.20
0.80
0.96
1.22
1.31
1.10
1.20
1.14
1.13
1.20
1.11
1.10
1.35
0.97
0.94
0.93
1.05
1.27
0.89
0.92
0.86
1.13
0.96
0.91
1.10
0.83
0.86
0.84
1.43
0.92
0.93
0.90
0.96
1.30
0.83
0.74
0.67
0.74
0.91 3.1
0.3
0.2
0.9
FBX
0.0
X 0.6
UB
0.1
FBX 0.4
0.00.0
0.1
0.00.1
BX 0.0
0.2
0.2
FBX 0.0
0.0 0.1
0.2
0.3
X0.2
0.7
HB
0.1 0.1
0.0
HBXBX0.0
0.0
0.0 0.0
FBX
0.46
0.0 0.0
0.0
0.0 0.0
0.0 0.0
0.0
0.0 0.0
BX0.0
0.0 0.0
0.0
0.0 0.0
0.0 0.0
0.0
ADP 0.0
0.0 0.0
0.0 0.0
0.0
0.0 0.0
FBX
0.0
0.0 0.0
0.0
1.35
0.74
0.46
1.40
1.51
FBX
0.38
1.02
0.21
1.01
0.34
BX
0.98
FBX
0.87
0.36
BX
ADP
1.37
0.0
1.99
3.70
1.59
3.18
1.91
1.740.0
1.72
2.39
1.27
1.900.0
0.930.0
1.86
1.34
1.10
1.16
0.98
1.12
0.96
0.92
0.99
0.99
0.80
0.80
0.93
0.96
0.98
0.94
0.54
0.35
0.37
0.37
0.25
0.35
0.33
0.26
0.22
0.98
0.72
0.81
AD
0.48
0.62
0.75
0.75
0.69
0.56
0.54
0.90
0.83
0.88
0.78
0.63
0.56
0.40
0.49
0.42
0.51
0.52
0.26
0.26
0.28
0.59
0.37
0.34
0.31
0.55
0.29
0.29
0.39
0.21
0.50
0.28
0.24
0.40
0.32
0.90
0.92
0.91
0.84
0.63
0.65
0.82
0.75
1.07
0.99
0.82
0.71
0.81
0.80
0.77
0.79
0.92
0.75
0.84
0.84
0.76
0.73
0.85
0.84
0.88
0.82
0.80
0.83
0.68
0.92
0.89
0.79
0.77
0.85
0.86
1.52
0.0
0.5.5
0 .2
0 .1
0
0.1
1.20
0.64
1.41
1.25
0.76
0.74
0.78
0.89
1.07
1.31
1.63
0.72
0.77
0.78
1.14
1.11
0.97
0.58
1.16
0.85
1.00
0.95
1.03
0.93
0.94
0.97
0.65
0.80
0.68
0.59
0.61
0.64
0.70
0.84
0.69
0.63
0.61
0.69
0.69
0.70
0.73
0.86
0.77
0.73
0.61
0.62
0.71
0.32
0.44
0.58
0.67
0.57
0.38
0.40
0.54
0.42
0.44
0.38
0.30
0.30
0.32
0.36
0.40
0.33
0.81
0.25
0.35
0.31
0.37
0.40
0.34
0.39
0.45
0.54
0.51
0.44
0.59
0.70
BX
0.24
0.42
0.66
0.43
0.60
0.37
0.31
0.41
0.22
0.46
0.45
0.58
0.64
0.24
0.61
0.72
0.73
0.77
0.27
0.0
0.0
0.05
0.85
.
0 .2
0 .0
0 .4 0.99
0.79
1 .0
2 .3
0 .10.91
1.09
1.04
0 .1
0 .4
01.26
7
1.64
1.16
1.08
.
0 .0
0 0
0.
1.90
1.79
1.34
0.0
2.34
1.51
0.0
0.0
2.85
0.0
0
.
0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0 3
0.55
0.
0.24
0. .3
0.85
0.79
0.65
0 .5
0 .5
0 .5
1.06
0.56
0.54
0.50
0 .7
0 .6
0 .5
0.75
0.51
0 .4 0.76
0 .0
0
1.22
1.24
0.65
0.0
0.17
0.94
0. .2
0 .1
1.41
0 0
0.
0.0
0.0
0.0
0.0
0.0
1.07
0.0
0.0
1.10
1.16
0.0
1.26
1.05
1.42
0.03 1.93
0. .9
0 .6 0.74
0.88
0 .8
0 .5
1 .0
1
0.75
0.81
0.29
0.97
0.95
0.31
1.15
1.10
0.91
1.07
0.31
0.26
1.35
0.90
0.83
FBX
0.42
1.44
1.14
0.36
0.0
0.1
0.8
0.5
0.0
0.3
0.6
0.0
0.0
0.1
0.1
0.1
0.2
0.3
0.3
0.4
0.1
1.2
0.43
0.1
0.0
0.2
0.34
0.3
0.4
1.0
0.80
0.1
0.2
0.0
0.2
0.3
0.1
0.0
0.24
0.21
0.0
0.1
0.1
ADP
0.25
0.24
0.0
0.550.43
0.64
0.69
0.
0.58 00.3.8
0.62
0.65
0.4.0
1 .7
0.75
0.67
0.67
0 .2
0 .9
0.87
0.73
0.74
0 .7
0 .5
0 .2
0.75
0.77
0.94
0 .3
0 .1
0 .2 0.85
0.93
0.74
0 .2
0 .5
0 .1 0.83
0.76
0.91
0 .1
0 .6
0 0.91
1.01
0.76
.6
0 .6
0 .6
0 .8
0.84
0.89
0.98
0 .3
1 .3
0 .3
0 .4
0
0.0
0.0
0.0
0.0
0.0
0.0
0.56
0.1.2
0
0.67
BX 00.2.0
0.45
0.54
0.00.54
0.0
0.0
0.0
0.0
0.2
0.9
1.4
0.8
0.7
1.7
1.7
2.5
1.2
0.8
1.3
0.9
1.0
0.7
0.67
0.68
0.83
0.27
0.37
0.76
0.0
0.0
0.55
0.0
0.47
0.52
0.0
0
.
0
0.36
0.44
0.0
0.40
0.0
0.0
0.0
0
0.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.35
0.0
0.0
2.25
0.86
0.0
1.48
0.64 0.0
1.50
1.85 0.0
0.0
0.1
0.39
0.65
0.41
0.1
0.0
BX
0.39
0.29
0.0
1.35
1.30
0.96
0.91
0.78
1.15
4.84
0.93
0.80
1.15
0.0
1.24
1800El
0.78
1.89
0.0
0.42
0.0
0.0
0.0
2.43
1.87
0.8
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.55
BX
0.40
0.57
0.37
0.49
0.57
0.37
0.60
1700El
P
AD
0.64
0.78
0.65
0.87
0.69
0.63
1.02
0.78
0.65
1.07
1.01
0.94
0.69
1.06
0.95
0.97
0.62
0.65
0.94
0.96
0.97
0.91
0.61
1.06
0.68
1.09
0.59
0.67
1.08
0.47
0.46
0.38
0.58
0.57
0.41
0.74
0.66
0.73
0.88
0.86
0.60
0.0
1.02
1.31
0.47
0.62
0.81
0.92
1.5
.0
1.15
1.31
1.43
0.420
0.63
0.83
0.4
1.05
1.42
0.34 0.3
0.55
0.71
BXX 0.01.1
0.46
0.2.5
FB
0 .2
0 .2
0 .2
0 .4
0
P 00.4.3
AD
0.7
0.0
0.0
0.4.1
0 1
X
B
0.
X
.0
FB X 0 0 . 0
B
0.1
0.1
0.1.2
X 000.2.1
B
F
0.36
0.1.2
0 .1
0 .2
0.58
0.76
0
0.0
0.66
0.55
0.1
0.0
0.46
0.50
0.33
0.38
0.0 0.39
0.35
0.48
0.51
BX 0.0
.1
00.43
0.0
0.0
.1
P 00.2
AD X 00.6.2
B
0.1
0.1.0
0 .3
0 .2
0 .1
0 .1
0
P 00.10.2.2
D
A
0.1
0.1
0.0
0.3.8
0 .1
0
.1
00.51
0.52
0.52
0.52
0.50
0.45
0.1.0
0 .0
0 .1
0.29
0 .2
0 .1
0 .0
0 .1
0 .1
0 .4
0 .1
0 .1
0 .1
0 .1
0 .2
0 .1
0 .4
0 .1
0 .1
0 .1
0 .1
0 .2
0 .1
0 .1
0 .1
0 .3
0 .4
0 .2
0 .2
0
0.1
0.3.2
0 .1
0 .3
0 .3
0 .1
0 .1
0 .2
0 .2
0 .1
0 .1
0 .2
0 .1
0 .1
0 .2
0 .2
0 .2
0 .1
0 .1
0
0.0
0.0
0.80
1.19
1.43
0.34
1.30
0.95
1.97
1.66
1.72
2.90
1.45
1.94
3.47
1.38
1.42
4.11
1.25
1.57
2.21
0.51
0.53
0.65
0.99
ADP
1.50
VBX
1.51
ADP
VBX
BX
0.6
0.7
0.3
0.4
0.3
0.5
0.5
1.1
0.7
0.6
0.5
0.8
0.5
0.4
2.5
4.9
4.3
2.8
0.2
0.1
0.2
0.1
0.3
0.8
0.3
0.1
0.0
0.0
0.0
0.0
0.0
0.0
1.16
4.04
0.52
1.30
0.54
0.48
0.69
0.53
0.49
1.04
0.73
0.54
1.51
1.04
0.77
0.54
1.52
1.04
0.55
2.41
1.46
0.61
1.95
2.26
0.96
3.39
0.55
1.51
0.95
0.57
1.14
0.86
0.57
1.92
1.46
1.06
0.90
3.18
1.36
1.24
2.91
0.0
0.0
0.0
0.0
1.26
2.30
1.57
0.66
2.66
0.0
0.0
0.0
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.2
0.4
0.7
1.9
0.9
0.7
0.2
0.3
0.3
3.12
1.21
2.28
1.37
0.68
3.16
2.12
1.58
0.60
1.83
1.04
3.57
0.85
0.94
0.61
0.77
1.00
0.41
0.45
0.79
1.07
0.99
ADP
0.78
0.56
0.61
0.49
0.84
0.79
0.74
0.69
0.56
0.76
0.71
0.64
0.63
0.56
0.52
0.69
0.63
1.04
0.82
0.59
0.61
0.62
0.96
VBX
0.68
1.04
0.71
0.58
0.67
0.60
0.78
0.63
0.53
0.63
0.49
0.71
0.55
1.00
0.94
0.43
0.29
0.48
0.42
1700El
1.66
0.63
0.45
0.74
0.52
0.90
0.57
0.53
0.41
0.39
0.59
0.42
0.51
0.76
0.66
0.86
0.55
0.44
0.72
0.45
0.48
0.46
0.76
0.68
0.43
0.43
0.66
0.65
0.52
0.61
0.43
0.51
0.36
0.49
0.31
0.52
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
200
536300E
eam_sec197525
1.98
536200E
160
1.78
536100E
120
1.59
5.26
4.70
536000E
535900E
535800E
535700E
80
1.86
4.95
ADP
VBX
BX
VBX
BX
ADP
VBX
BX
VBX
ADP
VBX
Gold Estimate
g/t
40
1.49
4.29
Block Model
1800El
0.64
0.70
0.61
0.70
0.0
0.74
0.76
0.0
0.0
0.0
0.0
ADP
0.0
0.0P
AD
0.0
AC
1:
1000
MA
08-Jun-11
A1
1630
1640
534900N
535000N
535100N
534900N
535000N
1630
1640
168
535100N
535300N
1720
535400N
00
1660
16
70
535200N
1730
50
17
17
90
16
535500N
169
1700
10
0
165
70
17
535600N
535200N
535300N
1750
17
60
535400N
535500N
17
80
535600N
90
17
50
16
166
70
17
80
16
1740
178
1700
16
1770
16
90
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
SC
ADP
ADP
0.92
0.60
0.73
0.30
0.32
0.48
0.45
0.61
0.58
BX
1.06
1.31
1.14
1.25
1.40
1800El
1.15
1.38
1.30
1.13
1.21
1.47
1.48
1.46
1.41
1.39
1.21
1.20
1.09
1.78
1.79
1.68
1.65
1.38
1.32
HBX
ADP
0.66
0.0
0.0
0.0
0.2
0.0
0.0
0.0
0.62
0.0
0.39
0.32
0.69
0.62
0.65
0.37
0.35
0.61
0.38
0.36
0.37
0.32
0.40
0.27
0.70
0.38
0.40
0.37
0.37
3.46
3.63
3.85
3.31
3.89
1.65
2.26
3.44
1.77
4.99
2.07
1.09
2.18
2.33
2.98
2.93
1.21
1.52
1.71
3.36
2.81
1.57
1.06
0.94
4.30
3.06
2.15
2.04
1.48
0.82
4.19
2.63
1.54
1.93
1.48
1.19
2.97
1.75
0.94
1.58
1.37
ADP
1.46
1.62
0.89
0.69
0.74
1.23
1.41
0.74
0.64
0.63
0.77
0.71
1.22
1.36
0.77
0.79
0.88
0.58
0.79
0.55
0.53
0.75
0.64
0.57
0.55
0.65
0.61
0.45
ADP
0.68
0.36
1.80
1.28
0.4
0.3
0.2
0.8
0.2
0.6
0.7
1.2
1.3
0.4
0.1
0.2
0.7
0.2
0.3
0.6
0.5
1.1
0.8
0.6
1.0
1.4
1.0
0.5
1.0
0.2
1.84
1.74
1.66
2.24
2.53
1.87
2.49
3.17
2.98
2.31
1.39
2.92
3.56
2.96
2.13
1.58
3.11
3.71
2.42
1.71
2.65
2.73
1.84
1.68
2.11
2.22
1.46
1.48
1.76
1.64
1.50
1.05
1.44
1.55
1.39
1.45
1.52
1.75
0.77
0.75
0.73
0.95
1.10
1.25
1.19
1.43
0.98
0.78
0.81
0.84
0.82
1.01
1.18
1.15
1.18
0.82
0.84
0.85
0.88
0.85
1.11
1.18
0.99
1.16
0.89
0.73
0.85
0.95
0.90
0.93
1.24
1.36
1.15
1.22
1.01
0.93
1.22
1.04
1.06
1.51
1.37
1.07
1.04
0.87
1.23
1.41
1.46
1.63
1.05
1.57
0.99
1.55
1.85
1.09
2.01
1.71
1.25
1.61
2.05
0.81
1.14
1.17
2.36
1.64
1.07
0.97
1.13
1.05
2.02
2.25
1.89
1.15
0.93
1.33
1.04
0.97
1.49
2.15
2.10
1.92
1.71
2.02
1.03
0.99
1.01
1.01
1.08
0.86
BX
ADP
1.14
BX
0.52
0.35
0.28
ADP
FBX
ADP
BX
ADP
BX
ADP
BX
FBX
ADP
0.38
FBX
F0.0
BX
0.71
0.34
BX
2.05
0.21
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.62
0.47
0.99
1.21
1.08
1.47
1.54
1.68
2.07
1.51
1.60
1.02
1.19
0.89
1.06
0.97
0.84
0.79
0.81
0.77
1.92
.4
11.5
1.7
1.95
2.09
0.9
1.0
1
1.54
1.57
.6
0.5
0.2
0.99
0.11.32
0.1
1.15
0.89
1.4
1.6
0.9
1.8 0.63
1.50
3.2
0.1
1.07
0.4 1.56
1.9
0.85
0.83
0.0
0.9
0.9
0.4
0.82
0.81
.5
00.9
.5
1.08
0.92
01.1
0.5
0.5
1.0
.3
00.6
0.8
0.95
0.9
B1.36
X 100.8.5.4
2.1
.4
1.29 12.3
0.96
1.4
3.6
1.2310.2
1.26
.6
0.4
0
.9
1.162.0
1.19
2.4
1.4
1.03
1.16
1.4
.1
01.3
1.04
0.97
0.8
0.7
1.3
0.7
0.98
00.87
.5
4.0
0.9
0.83
0.60.83
.5
00.3
0.77
0.4 0.89
1.5
3.4
2.2
0.73
0.72
1.1
0.9
0.9
0.4
0.6
0.3
0.8
0.2
0.7
0.4
P
AD
0.66
0.0
0.69
0.0 0.56
0.0
0
0.78
0.55
.
0
0
.
0
0.59
0.0.0
00.5
0.4.3
00.5
00.8.5
00.5.7
00.8.8
2.4.0
1 .5
0 .3
1.99
0
1.78
0.1
.0
X 03.06
B
0.96
F
0.1
0.0
1.18
0.71
0.68
2.14
1.29
1.04
1.28
0.40
0.44
0.57
0.66
0.88
0.57
0.70
1.03
0.90
0.89
0.78
0.93
0.85
1.03
0.94
0.59
0.73
0.86
0.97
0.84
1.12
0.76
0.80
0.85
1.24
0.88
0.92
0.87
0.83
0.66
0.85
0.63
0.76
0.84
0.68
0.82
0.54
0.82
0.69
0.73
0.83
0.72
0.53
0.69
0.82
0.55
0.53
0.65
0.62
0.38
0.48
0.47
0.34
0.59
0.51
0.29
0.41
0.43
0.31
0.36
0.38
0.31
0.56
.2
0.70 01.4.2
11.1
3.12
00.8.5
1.26
1.4.1
0
1.26
0.0
0.0
P
AD
0.87
0.91
0.53
1.36
1.23
1.40
1.51
2.06
1.48
1.34
0.96
1.05
1.03
0.65
0.88
1.48
1.41
0.81
0.88
0.98
1.04
1.18
2.32
1.96
1.75
0.96
0.83
1.30
1.76
1.73
1.67
1.98
0.80
1.08
0.93
0.90
0.81
1.97
1.01
0.83
1.24
0.90
1.09
1.14
1.26
1.00
1.02
1.13
1.16
1.22
0.81
1.31
1.12
1.19
1.22
0.89
1.37
1.23
0.89
1.12
1.07
1.12
1.60
1.16
1.01
0.96
1.17
1.10
1.54
0.64
1.08
1.24
1.83
1.18
1.60
2.13
1.22
1.87
1.99
1.34
2.59
1.01
2.72
1.76
2.09
2.12
1.92
2.06
2.32
0.91
2.87
1.99
3.20
1.98
1.96
3.34
0.86
3.02
3.42
4.19
3.54
1.06
0.0
0.0
0.0
0.0 2
0. .1
0 .4
1 .2
2 .1
0 0
0.
0.1.0
0
1.02
0.79
0.90
0.74
0.76
0.91
0.92
0.74
0.77
0.74
0.77
0.79
0.77
0.72
0.71
0.77
0.79
0.37
1.18
0.82
0.71
0.66
0.63
0.67
0.73
0.78
0.82
0.83
0.64
0.60
0.61
0.54
0.64
0.75
0.79
0.91
0.61
0.57
0.58
0.63
0.65
0.75
0.84
0.91
0.90
0.54
0.48
0.44
0.60
0.68
0.85
0.92
0.96
0.92
0.51
0.48
0.63
0.69
0.75
0.80
0.97
1.14
0.88
0.90
BX
0.73
0.62
0.61
0.76
0.74
0.74
0.59
0.51
0.65
0.66
0.50
0.43
0.38
0.39
0.73
0.62
0.62
0.44
0.46
0.30
0.37
0.53
0.70
0.45
0.53
0.50
0.60
0.55
0.40
0.47
0.81
0.61
0.56
0.71
0.63
0.38
0.97
0.79
0.76
0.90
0.88
0.35
0.98
0.92
1.10
1.30
1.38
1.02
1.07
1.51
1.56
0.83
FBX
0.37
0.45
0.46
BX
0.56
0.61
0.0
0.0
0.51
0.56
0.59
0.69
0.68
0.65
0.74
0.74
0.0
0.0
0.0
0.45
1.81
1.57
0.84
3.72
2.28
0.42
5.65
2.98
5.34
0.42
1.88
4.29
1.29
0.93
1.46
1.30
0.88
4.35
4.01
1.85
0.77
5.38
2.21
4.36
1.71
1.17
1.39
1.33
0.79
1.29
0.76
0.34
4.56
1.15
0.72
4.13
1.90
0.96
1.26
1.27
1.78
0.68
2.04
1.16
2.46
1.24
4.57
1.26
0.31
1.09
0.68
1.26
1.49
0.83
2.08
0.67
1.23
0.67
1.55
0.74
0.31
2.52
4.05
0.66
1.16
1.19
0.42
0.61
0.62
0.76
0.53
0.70
0.64
0.83
0.62
0.58
0.43
0.52
0.76
0.89
0.92
0.44
0.43
0.50
0.45
0.48
0.82
0.90
0.86
0.48
0.52
0.78
0.86
0.53
0.47
0.57
0.79
0.51
0.61
0.56
0.53
0.75
0.56
0.60
1.58
VBX
ADP
0.92
VBX
ADP
VBX
ADP
VBX
0.46
0.45
0.44
0.38
0.36
0.32
0.32
2.89
2.04
0.27
0.50
0.47
2.09
1.82
1700El
0.48
0.82
0.37
1.41
0.74
0.82
0.36
2.96
1.23
1.05
1.02
1.30
1.46
0.59
1.33
0.85
1.92
1.34
1.31
1.57
2.71
1.24
0.35
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.39
1.96
0.88
0.1
0.3
0.3
0.22
0.1
0.1
1.50
2.2
0.7
2.2
1.69
1.5
1.9
0.87
1.57
0.40
0.68
0.49
0.80
1.87
3.89
1.32
0.68
0.87
3.75
1.12
0.0
0.1
0.0
0.1
0.82
5.09
0.42
0.72
0.0
0.0
0.73
0.98
0.32
0.74
1800El
0.65
1.15
ADP
FBX
0.59
0.97
0.0
0.42
0.0
1.63
1.7
1.5
0.97
1.8
0.0
1.20
0.0
0.0
0.0
0.0
0.54
0.41
0.43
ADP
BX
0.45
0.67
ADP
BX
0.68
0.81
0.52
0.40
0.72
0.69
0.55
0.34
0.70
0.30
0.62
2.74
FBX
0.73
0.79
1.69
0.35
0.28
0.0
0.0
0.97
1.15
1.91
1.70
1.8210.6.3
0.7.9
1.81
1.29
1.20
1.55
1.00
0.0 01.3.3
00.2
0
X
.
.2
0
1.37
1.02
0.92
0.97
0.93
00.2
0.0B
31.5.3
V
1.03
1.00 B
0.95
0.93
0.0 1.01
.6
10.9
X
CA
00.9.1
0.87
1
.
0.6
00.7
1.0
X
6
.
0
00.1
B
1.3.8
0.1
0.2
0.0
0.0
0
AD
.0
0.0
0.0
P
0.0
0.0
0.0
0.0
0.0
0.0
FB
P
0.0
AD
0.0
0.60 X
0.0
0.1
0.0
0.53
0.0
0.0
0.0
1.00
0.0
0.0
0.77
0.33
0.58
0.0
X
FB P 0.0 0.33
0.0
D
0.4
A
.6
0
0.0
BXX 0.0
0.00.22
FBBX 0.0
0.0
0.0
P 0.0.0
0
0.0
AD
0.26
1.07
1.5
2.0
1.1
1.4
1.6
0.8
0.0
0.0
0.0
0.0
0.0
1.04
2.2
3.1
3.2
1.31
0.3
0.0
0.0
0.0
0.2
1.3
0.2
0.4
0.7
0.5
0.2
0.3
0.46
0.8
0.4
0.29
0.0
0.0
0.27
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.7
0.8
0.2
0.63 0.0
0.0
0.37 0.0
0.0
0.0
0.1
BX 0.3
0.2
1.1
1.70
1.10
0.98
1.58
0.0
0.0
0.0
0.0
1.74
BX
0.62
0.37
0.71
0.60
0.66
0.77
0.74
1.28
0.80
0.42
0.72
0.54
0.86
0.0
0.0
0.0
2.82
0.0
0.0
T
AC
0.64
1.67
1.13
0.97
0.6
0.2
BX 2.78
1.2
1.3
0.3
0.1
0.1
1.5
0.3
HBX
0.2
3.7
ADP 1.09
1.2
0.8
1.8
2.9
BX 1.25
2.3
0.4
ADP
ADP
1.1
2.4
0.6
1.6
1.1
0.8
0.2
1.7
BX 1.15
0.8
1.2
1.6
0.7
1.0
1.1
0.3
1.2
HBX 1.09
1.9
0.9
2.0
FBX 1.9
0.8
0.6
0.4
0.7
1.06
0.6
1.1
1.5
0.4
1.9
0.5
0.8
1.01
0.3
0.9
ADP 1.4
0.6
0.6
0.6
0.8
0.7
0.7
1.11
4.0
BX 2.0
1.8
1.4
1.5
1.3
1.5
0.9
1.4
HBX 1.34
0.4
1.3
1.3
3.3
2.0
0.7
1.32
1.9
1.3
0.0
1.50.1
ADP 1.19
1.20.5
0.8
0.1
FBX
2.00.3
HBX 1.17
0.60.6
3.1
0.8
0.6
1.07
0.1
0.1
0.0
HBX 0.1
0.2
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.92
0.0
ADP 1.81
0.0
0.0
0.0
SL
ACT
0.90
2.55
0.0
0.4
0.4
0.4
0.1
0.0
0.1
0.6
0.2
0.1
0.4
0.4
0.4
0.7
0.4
0.8
1.2
0.4
0.5
0.6
0.6
0.8
0.7
0.3
0.3
0.2
0.0
0.0
0.2
0.4
0.0
3.52
0.1
0.0
0.0
0.39
0.38
0.36
ADP
1.14
1.09
2.07
0.75
1.37
1.20
1.01
2.78
1.67
1.24
2.65
1.64
0.76
0.3
2.0
0.5
1.1
0.1
1.8
0.2
0.2
0.3
0.3
2.1
2.2
1.5
0.0
0.1
0.2
0.4
0.72
0.65
0.63
0.65
0.54
0.70
0.54
0.52
0.58
0.56
0.67
0.97
0.51
0.49
0.63
0.51
0.93
0.62
0.54
1.05
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.5
0.0
0.1
0.0
2.96
0.56
2.04
1.61
1.52
0.89
3.09
1.53
1.91
1.56
3.17
0.86
0.48
0.46
0.69
0.57
0.91
0.57
0.64
0.28
0.58
0.87
0.59
0.52
0.0
1700El
0.66
0.84
0.28
0.22
1.27
0.56
0.95
1.39
0.59
0.56
1.53
0.97
0.58
1.09
0.71
0.87
0.40
1.67
4.23
0.59
0.74
0.83
0.75
0.56
0.45
0.48
0.33
0.93
0.60
0.65
0.75
0.41
0.39
0.41
0.22
0.55
0.48
0.66
0.28
0.44
0.22
0.55
0.46
0.48
0.38
0.26
0.32
0.22
0.34
0.22
0.21
eam_sec197575
0.23
0.21
0.23
0.32
0.42
0.23
0.23
200
0.22
0.22
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
160
0.23
0.23
536200E
536100E
536000E
535900E
535800E
535700E
Gold Estimate
g/t
120
0.23
0.22
0.22
0.0
0.0.0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0
Block Model
80
0.38
0.23
0.21
0.0
0.1
0.1
0.0
40
0.32
0.35
0.21
0.0
0.32
1:
1000
MA
08-Jun-11
A1
1630
1640
534900N
535000N
535100N
166
1670
16
80
1720
1770
534900N
1630
535000N
165
535100N
535200N
197600E
168
169
0
17
00
535400N
535500N
535600N
16
50
1670
60
16
80
176
197600E
535200N
535400N
535500N
0
178
1790
1750
17
00
1710
1730
1740
60
17
17
1690
535600N
1790
16
90
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
1900El
1900El
2000El
4.74
5.39
5.13
5.19
4.41
5.93
4.01
5.82
5.22
3.13
1.70
1.72
1800El
1.10
0.91
1.10
0.90
1.07
0.88
1.11
1.23
1.32
1.07
1.27
1.44
1.39
1.25
1.27
1.16
1.22
1.11
1.07
1.06
1.08
2.43
1.39
1.61
1.14
1.36
1.39
1.32
SL 0.0
0.5
1.0
HBX 1.1
1.7
0.1
0.8
HBX
0.1
BX 2.7
ADP
4.7
4.2
0.4
0.1
1.5
0.6
1.6
VBX 0.2
HBX
0.5
1.3
1.16
0.9
0.7
0.0
3.2
HBX 0.80
VBX
0.8
0.0
0.5
1.0
0.1
0.1
0.3
ADP 0.91
0.3
0.4
2.9
HBX 1.26
2.1
2.2
5.3
0.0
1.9
VBX 1.29
0.0
2.5
0.0
2.0
0.0
0.8
ADP 1.35
0.0
0.3
0.0
HBX
0.0
HBX 0.5
1.6
1.18
1.8
2.6
0.99
2.3
1.9
0.9
0.9
3.3
1.0
0.8
ADP 1.0
1.1
1.0
HBX 0.9
0.1
0.1
BX
1.41
1.03
ADP
0.84
0.89
1.08
1.16
1.13
1.12
1.04
BX
4.10
0.4
1.0
2.4
1.9
1.5
1.4
1.4
1.8
3.2
4.01
2.0
0.5
1.4
2.88
1.2
1.1
0.7
2.30
0.3
1.0
0.8
1.83
1.0
0.9
1.4
1.21
0.6
1.1
1.3
0.81
0.8
0.6
1.1
1.02
1.9
3.3
2.5
1.70
1.5
0.8
0.2
0.69
0.4
0.3
0.4
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.98
0.0
0.0
0.80
0.4
0.6
0.66
0.4
0.4
0.0
0.84
0.1
1.12
0.0
0.0
1.11
1.7
0.6
1.32
0.2
1.2
1.02
0.0
0.1
2.9
1.5
0.1
1.6
0.5
0.4
0.2
0.6
0.9
0.9
2.2
0.9
1.5
1.1
1.6
2.0
1.5
4.28
4.16
3.71
3.63
3.10
1.97
1.21
0.95
0.63
0.75
0.99
1.18
1.06
0.79
1.04
0.91
0.53
0.66
0.81
0.96
1.09
4.80
3.13
4.82
44.8.3
2.62
2.94
31.9.8
34.8.7
3.38
1.65
5.7.3
32.8
3.22
1.90
3.6.3
31.6
3.14
2.33
.5
4 .2
43.5
2.42
2.1.3 2.77
22.2
.9
00.2.47
2.52
1
0.2.3
0
2.10
1.55
01.8.4
30.7.4
1.65
0.96
BX 0.7200.80.1.1
1.09
00.8.6
.3.2
0
0.61
0.47 0 .5
0 .1
00.3
0.45
0.69
01.9.3
0.9.3
0.94
0.49
02.6
0.4.3
0.86
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1.06
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0.72
0.74
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1.71
1.77
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0.51
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0.39
0.66
0.61
0.88
0.79
0.76
0.76
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0.95
0.97
0.91
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0.63
0.99
1.16
0.65
0.59
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0.82
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0.81
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2.45
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1.24
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1.31
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1.32
1.26
1.25
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0.77
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0.75
0.73
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1.33
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ADP 0.67
1.34
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0.84
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0.69
0.83
0.70
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0.72
0.60
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0.66
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0.69
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0.47
0.44
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0.46
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0.38
0.36
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1.39
1.62
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0.31
0.28
0.31
0.28
0.44
0.53
0.70
0.87
0.27
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0.35
0.45
0.55
0.67
1.14
1.08
0.45
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0.40
0.90
1.25
1.20
1.48
1.11
1.11
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0.96
0.96
1.10
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1.20
0.68
0.73
1.29
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0.70
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1.59
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1.47
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1.70
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2.36
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1.06
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2.76
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2.01
2.41
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0.64
0.55
1800El
0.38
0.67
0.66
0.62
0.59
0.65
0.78
0.63
0.49
0.48
0.58
0.72
0.87
0.52
0.40
0.40
0.50
0.57
0.80
0.99
0.64
0.86
1.26
2.88
0.91
2.63
1.67
0.42
0.46
0.71
0.91
1.95
3.85
3.01
1.96
0.67
0.53
0.56
4.58
1.74
2.27
0.57
0.65
0.53
1.58
3.13
1.25
2.02
0.55
0.64
1.14
4.05
1.07
3.34
1.58
1.06
3.09
2.72
3.36
1.87
0.57
2.06
5.36
2.04
1.84
0.51
0.43
ADP
2.5
2.8
1.0
1.6
1.2
0.6
0.8
0.1
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0.82
1.31
1.02
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0.4 0
0. .3
0 .6
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0.55
0
0.60 .0
0
1.61
1.76
1.19
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0.0
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0.51
0.66
1.78
0.56
0.53
0.46
2.64
2.01
3.85
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4.28
1.74
3.86
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3.61
1.45
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2.76
0.50
0.49
0.66
0.56
0.81
0.63
0.48
0.42
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0.56
0.48
0.37
0.42
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0.71
0.77
0.59
0.42
1.14
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0.72
0.63
0.52
0.42
2.20
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0.83
0.68
0.51
0.39
1.50
0.94
0.96
0.69
0.51
1.39
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0.91
0.69
0.40
1.34
1.16
0.99
0.50
1.16
1.07
0.76
0.39
0.97
0.49
1.06
0.68
0.41
0.82
0.48
1.28
0.95
0.62
0.76
1.82
0.68
0.49
1.24
2.04
0.73
0.59
1.30
1.79
5.72
5.54
1.65
0.98
2.55
1.22
1.72
5.25
2.90
1.37
4.51
1.56
1.69
4.93
1.37
2.06
0.0 3
0. .2
00.2
0.2.0
0 .0
0 0
0. 0
0. 0
0. .0
0 .1
00.1
0.1.1
0 .3
0
0.87
BX 00.06.1.1
0.1.1 0.66
0.82
0 .2
0 .2
0 .1 0.80
00.2
0.2.0
0 .0
0
0.0
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B
F
0.
0.50
0.55
4.19
1.28
0.44
0.51
0.44
0.48
ADP
0.73
0.46
0.39
0.83
0.1
0.0
0.64
0.92
0.33
1.24
0.72
0.21
0.23
0.46
0.46
0.63
BX
0.32
0.55
0.68
AD
0.51
0.33
BX
0.6
3.1
0.5
0.1
0.1
0.69
0.71
0.26
0.92
0.35
0.92
0.70
0.58
1.28
0.52
0.50
0.91
0.82
0.68
0.60
0.71
0.46
1.40
0.48
0.82
0.95
0.94
1.88
2.11
0.91
1.13
0.67
0.78
1.10
0.88
1.19
0.85
1.69
0.47
1.51
0.88
1.07
0.88
0.79
1.84
1.57
0.51
1.51
0.91
1.96
0.71
1.20
0.72
0.37
0.70
0.80
0.85
1.98
2.21
1.07
1.87
0.67
0.68
1.36
2.83
1.48
1.71
1.42
0.35
0.98
0.0
1.53
ADP 0.91
2.02
1.25
1.67
0.67
0.73
0.92
3.07
1.63
2.05
1.11
0.30
1.00
1.04
0.0
0.67
0.61
1.09
1.15
0.90
0.37
1.10
FBX
2.14
1.60
0.49
1.32
1.32
2.42
2.21
0.69
1.13
1.15
1.11
0.77
0.98
1.29
1.02
1.77
1.75
1.39
0.47
0.0
1.15
1.33
1.57
2.21
0.55
1.22
ADP
1.29
0.86
1.16
0.92
0.83
1.54
0.95
0.82
0.50
0.0
1.44
0.94
1.53
2.19
0.52
1.24
0.74
1.36
0.40
2.13
0.0
0.0
0.3
0.0
0.66
0.52
1.70
0.0
0.0
0.54
4.41
0.70
0.25
0.63
0.36
0.0
0.0
0.5
0.8
3.9
0.1
2.1
0.0
0.0
0.2
0.4
0.4
0.4
0.3
0.1
0.0
0.0
0.0
0.0
0.1
0.3
0.0
0.0
0.0
0.0
0.0
0.0
1.5
5.2
3.5
3.1
4.1
0.5
0.4
0.9
1.4
0.7
0.8
0.8
1.4
1.4
1.3
2.4
4.1
2.4
1.5
1.2
1.1
2.6
2.1
2.0
2.4
2.3
1.1
0.8
0.6
0.4
0.7
0.22
0.78
ADP
0.27
0.55
0.0
0.1
0.3
0.3
0.5
0.2
0.1
0.7
0.3
0.8
0.7
0.2
0.4
0.3
1.3
0.6
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0.5600.7
0.71
0.5
0.5
0.52
0.62
0.9
0.3
0.3
0.88
0.54
0.1
0.9
0.8
10.89
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1.3
2.1
2.7
2.2
1.7
1.52
1.0
1
2 .0
1 .8
2.03
BX 23.2.3.8 1.49
1.6 2.00
2.16
2.0
1.0
1.9
2.25
2.38
5.2
3.1
1.6
2.58
2.23
1.4
1.0
1.7
2
2.39
1.68
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3.6
4.8
2.4
1.83
1.78
1.5
2.0
4
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1.70
2.01
4.0
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11.7
1.67
1.83
1.8
2.6
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1.39
1.79 21.9
1.9
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1.26
1.71 22.0
1.6
1.20
1.75 1.2
1.4
1.2
1
1.76
1.741 .1
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1.4
1.8
2.04
1.76
3.1
1.8
1.3
1.93
1.63
1
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1.4
1.28
1.63
1.09
0.75
0.86
0.31
0.60
0.81
0.33
0.22
0.54
0.73
0.64
0.49
0.44
0.57
0.59
0.59
0.64
0.37
0.59
0.68
0.71
P
AD
0.38
0.30
0.32
0.33
0.35
3.34
4.55
3.83
1.38
0.45
1.23
4.45
5.79
3.95
1.35
0.41
3.31
4.81
2.05
1.78
0.34
1.91
5.43
1.72
3.07
1.24
0.51
5.38
4.88
3.49
1.37
0.38
5.50
3.22
1.74
2.04
2.03
2.22
1.33
2.03
2.51
1.09
4.57
3.37
1.26
1.74
1.83
2.63
1.84
3.18
2.13
0.74
0.67
0.62
0.25
0.39
0.53
0.72
0.41
0.72
0.31
0.63
0.24
0.37
0.36
0.33
1.22
0.92
0.48
0.92
1.13
1.98
0.88
2.02
1.17
0.84
1.09
1.19
3.53
1.07
0.43
0.69
1.23
0.88
3.97
1.61
1.98
0.87
0.34
0.64
0.55
0.24
0.43
0.70
0.42
0.37
0.57
0.47
0.50
0.45
0.58
0.42
0.60
0.68
0.55
0.41
0.48
0.47
0.38
0.56
0.38
0.62
0.56
0.42
0.79
0.54
0.46
0.37
0.50
0.36
0.68
0.53
0.47
0.99
0.85
0.48
0.34
3.10
0.32
1.17
1.26
2.74
0.87
1.79
0.85
3.02
1.40
0.92
1.70
0.90
1.91
1.41
0.99
2.42
1.09
0.74
0.29
0.87
0.27
0.75
1.07
0.49
1.21
3.24
0.71
1.65
0.41
0.48
0.39
0.35
0.70
0.42
0.85
0.39
0.41
0.52
0.33
0.76
0.33
0.25
1.94
0.77
2.99
0.46
0.24
0.28
0.42
0.57
0.32
0.25
0.45
0.35
0.24
0.40
0.21
0.22
0.33
0.21
0.22
0.29
0.21
0.22
0.22
0.22
eam_sec197625
40
80
120
160
200
1700El
1.39
0.59
1.11
0.90
1.13
0.55
1.23
0.87
0.55
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
1.24
1.04
0.67
1.58
0.32
0.44
0.29
0.50
0.23
www.miningassociates.com.au
SCALE
DRAWN
DATE
0.75
1.05
0.90
Silver
g/t (LHS)
6.0 - 99g/t
1.31
0.55
0.60
1.14
536400E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
0.0
0.0
0.0
0.0
0.37
0.0
0
0.26
0 .3
0.1.4
0
0.1.1
BX 00.0.0
0.1
0
0 .4
0 .1
0 .3
0.1.2
0.0
AD
0
P 0.0.0
0.0
0.0
0.0
0
1.00
BX 00.1.0.0
0
0.97
0 .1
0 .1
1.61
0 .1
0.1.1
AD
0.0
2.16
1.11
P 0
2.08
1.29 .0
0.0
BX 2.63
2
1.61
0 .0
0 .1
2.91
0 .1
0.1.2
0.1
0.66
0
AD
0.1.2
P 00.1
0.80
.1
0
0 .1
0.69
1 .1 0.88
0 .2
1.34
1.03
0.71
0 .4 0.55
0.3.3
0
1.56
0.55
0 .6
0 .7
0 .8
0.65
0.3.7
0.1
0
1.15
0 .0
0 .1
0.65
0 .1
0 .2
0.2.1
0
0 .3
0.2.3
0
0 .2
0 .1
0 .1
0 .1
0 .1
0.2.2
0
0 .1
0.0.0
BX 000.1.0
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0
0 .0
0 .1
0 .1
0 .1
0.0.1
0
0 .0
0 .0 0.32
0.32
0 .0
0 .0
0.0.0
0.33
0.21
0
0 .1
0 .2
0.32
0 .2
0.1.1
0.33
0.32
0
0 .2
1.3.5
0.38
0
0.1.5
0.23 00.1
0.23
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0.220.0
0.22
0.23
0
0 .3
0.22
0 .1
AD
P 00.0.1.5
0.23
0
BX 00.1.1.1
0.22
0
0.1.3
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0.37
0.61
1.11
0.0
0.0
0.0
0.0
0.29
1.51
1.09
AD
P
0.38
1.05
0.0
0.0
0.0
0.0
0.0
0.0
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1.01
1.35
1.02
BX
0.39
1.05
0.76
0.27
0.33
1.23
0.43
0.48
0.51
0.28
4.93
1.19
0.84
0.43
0.61
0.29
2.14
0.50
0.37
0.57
1.31
1.23
0.44
F
F
0.44
0.31
1.44
0.64
0.30
0.32
3.44
0.30
0.31
0.34
1.71
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0.61
1700El
0.35
1.49
4.88
2.19
0.32
0.51
4.82
2.01
1.24
1:
1000
MA
08-Jun-11
A1
1700
534900N
535000N
165
0
535100N
1660
1690
535300N
0
168
534900N
80
535000N
0
169
16
1630
1690
535100N
535200N
178
0
1690
535300N
535600N
1750
177
177
1760
0
179
1650
0
180
535400N
16
00
70
17
90
17
1700
1720
174
1640
0
173
00
171
1710
535400N
18
00
17
60
1630
1750
176
18
0
177
80
17
0
180
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
A SSSLC .0
A DPSCLL 0 000.1.1
Co
DSP 0.1
reo DA
C
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0.00 .0
r LAoPCT
T
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ss D s0 s0A.0C0.0
T
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BX
0.0
00.0.0
00.0.
0
00.0.0
FBBX F0.0B
0.0X 00.0.0
X
00.0.0
0.0BX
0.57
0.65
0.47
1.01
1.10
0.82
0.0 0.80
0.0 0.80
0.0
0.78
0.73
0.0
0.0
0.75
BX 000.5.2.1
1
0.0
0 .1
0 .7HBX
0.0
ADP 0.0
0.0
FBX 00.1.2HBX
.0 ADP 0.0
0.0
VBX
0.0 ADP 0.0
0.0
VBX
0.1
ADP 0.2
0.0
0.0
ADP 00.0.0 VBX
0.2
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
QDP 0.0
ADP 0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.2
HBX 0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.42
0.0
0.75 FB
0.81
0.73
0.72
0.79
0.69
0.71
0.85
0.82
0.71
0.73
0.68
0.80
0.77
0.72
ADP
FBX
B
ADPX
BX 0
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FBX 0.00.53
BX 0.3
0.62
0.52
0.77
0.64
0.66
0.84
0.91
1.12
1.21
0.58
0.88
0.91
0.95
0.51
0.50
0.55
0.47
0.48
0.49
0.48
3.26
4.05
4.66
3.74
3.44
1.98
3.78
5.23
4.90
3.96
3.24
2.46
3.68
3.98
3.29
2.77
2.8
3
4 .3
4 .9
3 .0
1.4.4
1
1 .7
1 .3
1 .6
2 .6
2 .3
2.0.3
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2 .9
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3.47
3.60
2.76
3.20
3.50
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2.99
3.44
3.20
2.74
2.71
1.99
2.37
1.48
1.66
1.12
1.34
1.17
0.97
1.09
0.91
1.19
0.92
1.32
1.25
1.49
1.44
1.41
1.49
1.90
0.84
0.90
0.94
1.15
1.73
0.86
0.91
0.95
1.04
1.58
0.70
0.68
0.65
1.03
1.28
0.84
1.12
0.64
1.04
0.65
FB
AD
AD
3.18
5.59
3.08
5.05
3.24
4.75
2.65
QDP
ADP
BX
JBX
BX
FBX
ADP
0.0
0.0
0.0
0.
0.0 0
3.34
1.71
1.91
1.78
1.40
2.08
2.12
1.75
3.2
5.87
2.75
1.76
1.48
2.46
2.55
2.01
3.94
2.68
1.56
1.86
2.02
1.96
3.21
3.47
2.34
1.37
1.53
1.71
1.82
2.12
3.18
1.45
1.62
1.71
1.49
1.69
1.87
2.24
1.35
1.57
1.76
1.68
1.60
1.67
1.45
1.43
1.51
1.49
1.58
1.37
1.44
1.31
1.17
1.49
1.43
1.63
1.11
1.08
1.52
1.27
1.40
0.88
1.30
1.70
1.18
0.85
1.72
0.99
1.10
1.27
1.56
1.73
1.58
1.08
1.25
1.19
1.18
0.87
BX
0.91
ADP
1.10
1.06
BX
0.79
FBX
ADP
FBX
ADP
FBX
0.87
QDP
0.64
0.56
0.50
0.44
0.43
0.56
0.65
0.83
0.75
1.09
0.95
1.38
1.05
0.70
1.91
1.75
1.60
2.05
1.54
1.94
0.91
1.09
1.68
2.50
3.97
1.03
0.36
2.21
4.85
1.18
0.45
1.89
2.11
2.2
4.2
0.8
0.4
0.4
0.9
1.4
0.5
0.4
0.1
0.3
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0.7
1.6
1.8
1.3
2.4
3.2
0.9
1.9
0.7
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0.3
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0.79
0.77
1.04
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0.88
0.71
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0.90
0.88
0.70
0.71
0.71
0.74
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0.0
0.0
0.0
0.0
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0.81
0.98
0.31
1.30
1.61
FBX
QDP
0.44
0.62
1.48
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.31
0.41
2.61
1.94
4.3
3
1.9.0
ADP
0.0
0.0
0.0
0.0
0.0
0.0
0.0
BX
3.02
2.79
3.05
3.50
5
3 .7
3 .0
2 .3
2.25
2.98
2.10
4.0.8
2
2.06
2.86
1.90
3 .7
2.7.5
2.03
2.90 2.2.3
1.51
4 9
BX
2 .0
4.3.8
2.05
2.77
1.22
3
4 .2
0.7
3 8.0
1.18
0.9 1.81
2 .2.22
1.3
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0.6
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0.5
1.83
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0.3
2
0.1
2 .6
0.0
1.97
1.48
2 .3
0.4 1.92
2 .4
0.8
1 .0
0.4 2.16
2 .6
1.88
1.62
1.5
2 .4
BX 1.0
2.4.6
1.2
1.1 2.18 2 2.5
1.52
1.82
1.6
1.0
3. .0
1.7
2
3
1.40
1.82
3.3 1.88
2. .3
2.0
2.6 1.1.1 2
2.1 1.1.81
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1.60
1.93
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3
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1.26
1.17
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1.5
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0.6 1.27
1.17
0.88 1.8.3
1.5
1
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0.76
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1.27
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0.54
0.86
0.68
0.53
0.74
0.70
0.48
0.69
1.04
0.62
0.75
0.97
0.93
0.55
1.07
1.01
0.58
1.07
1.43
1.35
0.66
1.09
0.47
0.70
1.11
0.57
0.84
0.56
0.64
1.71
0.86
0.82
0.75
0.72
0.62
0.54
0.58
0.52
0.42
0.49
0.39
0.39
0.38
0.22
0.52
0.49
0.36
1.32
0.58
0.53
0.51
0.2
0.00.52
0.0.0
0 0.22
0.0.0
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0
0.27
0.0
0.29
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0.0
0.4800.0.0
0.0
0.75 00.0.4
P
0.2.4
0 .5
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0 .4
0 .7
0 .3
1 .0
1 .4
0 .6
0 .6
0 .2
0 .3
0 .3
0 .1
0
0.38
0.1
0.38
0.65
0.97
0.25
0.43
0.70
0.26
0.36
0.52
0.38
0.63
0.59
0.48
0.54
0.36
0.49
0.39
0.51
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0.30
0.28
0.48
0.46
0.32
0.29
0.44
0.24
0.44
0.24
0.27
0.74
0.70
0.71
0.29
0.22
0.30
0.25
0.35
0.40
0.30
0.29
0.27
0.24
0.28
0.30
0.32
0.35
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.1
0.2
0.1
0.1
0.5
0.1
0.3
0.2
0.22 0.2
0.2
0.0
0.0
0.3
0.53 0.3
1.0
0.4
0.4
0.4
0.0
0.24
0.29
0.30
0.42
0.47
FB
AD
0.0
0.0
0.21 X
0.21
0.40
0.0
0.0
0.
0.0 0
0.0
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0.0
0.0
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0.0
0.0
0.0
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0.0
0.0
0.0
0.0
0.0
0.0
0.0
ADBX
BX P
0.0
0.0
0.0
eam_sec197675
Gold Estimate
g/t
40
80
120
160
200
1.28
0.41
1.04
0.89
AD
0.0
0.0
0.0
0.68
1.14
0.49
1800El
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.84
3 .8
0.0
0.0
2 .0
2
BX 0.00.0
0.0
3.32
1.88
0.97
0.66
0.45
X 51.0.5.7
B
0.0
4 .8
0.0
1.53
2.66
1.26
0.65
2 .2
0.0
4 .1
0.0
0.0
3 .3
0
1.83
2.84
0.94
0.73
0.53
AD
0.0
2 .3
0 .0
1 .9
P 0.0
0.0.0
1 .0
0.0
0
2.63
1.53
0.97
0.55
0.50
1
.
0.0
0.1 0
DP 31.2.6.4
0.0
1.65
1.02 A
0.90
0 .3.10
0
0.0
0 5.8
0. .3
0.0
0 .6
0.0
3.31
1.68
1.80
0.56
0.43 0.0.5 0
0.40
2 .2
0.0
1 .0
0.57
0.0
0
0
0.0
0 .3
4.01
1.91
0.42
0.29
0.0
BX 0.790.1
0 .1
0.7.1
AD
0.0
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00.98
3.56
1.53
2.00
0.76
0.62
P 0 0.6.5
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P 00.19.6.5
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3.38
1.57
2.35
0.81
0.53
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0.0
0.0
0 4
0 .5
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1 .1
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0 .7
3.68
4.40
1.68
1.12
1.32X
0.53
0.42
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0.0
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0 .7
0.0 .0
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3.04
1.60
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0.39
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1
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0
0
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4.22
1.28
1.02
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0.83
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0.48
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0 .6
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1.17
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0.38
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0 .2
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1.39
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5.02
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BX
0 .2
0 .1
0 .4
0.1.0
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0.4.5
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1.39
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2
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1.12
1.57
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1.18
2.19
1.39
0.75
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Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
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1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
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0.0
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0.46
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0.0
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0.0
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1.14
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0.69
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0.82
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0.42
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0.77
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0.1
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2.48
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0.0
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0.90
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0.77
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0.1
0.0
1.40
0.0 1.55
0.0 1.20
1.22
1900El
1700El
2.13
0.93
0.30
2.0.3
1 .0
1.52
0.86
1 .9
1 .8
0 .5 0.73
0
0.0
1.01
0.6.91.84
0 .1
0 .1
0 0.82
0.56
0.2.5
1 .4
1.03
0.75
0.58
0 .0
1 .6
0 .7
0.87
0.70
0.65
P 01.0
AD
0.5.5
1.04
0.74
0 .3
0 .1
0 .1
1.13
0.84
0.67 0.0
0.53
0 .1
0
0.0
1.00
0.89
0.66
0.67
0.4
0.0
.0
0
1.05
0.81 P
0.59
0.64
0.0
0.0
AD
0.0.1
0.78
0.94
0.71
2 .9
0.0
1 .4
1 .2
0.0 0.77
1.86
1.10
X
0
.7
B
0 .4
0.0
0 .9
2.56
1.25
0 .7
0.01.37
0 .5
0 .5
.0
0
0 .5
1.37
0.73
X
0 .5
FB P 0.00.0
0 .5
0 .4
1.36
0.88
0.57
1 .1
0.5
AD
1 .8
.7
0 .7
1.77
0.99
1 .6
BXV 00.7
1 .6
1 .9
CABX 00.40.6.4
2.54
0.86
0.94
0.91
0 .4
0 .2
.2
0
0
2.39
1.04 0.3
0.88
0.95
0.81
0.0
0.2.0
.0
1 .6
0
2.83
0.80
0.68
0.63
0.63
P 0
0.0
AD0.81 00.80.2.2
2.28
1.06
0.76
0.73
0.72
0.5
0.0
1.78
0.80
0.75
0.60
0.70
0.0.7
0.0
0
0.68
0.57
0.61
0.4 0.76
0.0
0.0.0
0.53
0 .5
0.0
0 .5
0 .0
0.0
0 .0
0 .0
0.0.8
0
0 .6
1 .6
P
0.0
0 .6
AD
0 .1
0.0
1 .6
0.91
0 .6
0 .3
BX 00.0.0
0.59
0.67
0 .5
0 .5
.1
1 .2
0 .2
0 .3
0.89
0.39
0.73
0.70
0
0
0.2.5
0 .3
P 30.4.6
0 .3
0.99
0.96
0.46
0.51
AD 0.88 00.2.0.1
0 .5
0 .2
0 .2
0.98
0.99
0.48
0.59 00.2
0.34
0 .4
0.1.2
0 .6
0
0 .2
0.38
0.63
0.57
0.39
0.34
X 00.4.2
1 .4
B
0 .2
0.6.5
0 .3 0.32
0.37
0.37
0.41
0.57
0.51
0 .4
0 .2
0 .2
0 .5
0 .0
0 .00.44
0.34
0.46
0.41
0.45
0.49
X
0 .1
1 .3
B
0 .0
P
0 .3
0
0.4
D
.0
00.40
0.9
0.47
0.44
0.46
0.47
0.47
0
A
.1
0.1.3
0.4
0
0 .3
0.4
.5
0 .2 0.47
0 .4
1.6
0.68
0.41
0.36
0.30
0.32
0
0 .4
0.5
0
0.1
0.1
0.72
0.4200.2.3
0.32
0.45
0.25
0.29
0.1
0.5
0.1
0.3
0.50
0.43
0.40
0.40
0.40
0.43
P 00.4.7.9
0.3
D
0.9
A 0.69 12.6.0
0.3
0.44
0.40
0.47
0.51
0.43
0.4
3 .4
0.6
0 .6
0.4
0 .4
1.66
1.11
1.17
0.91
0.38
0.50
0.5
0 .3
0.3
0 .5
0.6
0 .3
2.19
2.36
1.52
0.78
0.72
0.60
0.8
00.4
1.6
2.0
2.03
1.16
1.34
0.51
0.49
0.63
0.8
0.5
0.81
0.52
0.45
0.5
0.5
0.2
0.39
0.1
0.2
0.2
0.35
0.1
0.0
0.1
0.39
0.2
0.2
0.4
0.1
0.2
0.1
0.35
0.37
0.22
0.29
0.5
0.2
0.3
0.44
0.34
0.31
0.37
0.2
0.2
0.3
0.41
0.42
0.42
0.25
0.28
0.4
0.2
0.1
0.42
0.46
0.49
0.26
0.0
0.1
0.1
0.40
0.47
0.36
0.0
0.0
0.1
0.1
0.39
0.50
0.54
0.2
0.0
0.58
0.45
0.0
0.46
0.0
0.0
0.65
0.0
0.0
0.0
0.0
0.91
0.0
0.0
1.31
0.37
0.0
0.0
1.15
1.14
1.05
0.41
0.0
0.0
0.0
1.05
1.65
1.06
1.36
1.15
1.88
0.54
2.49
2.29
0.80
3.89
2.83
0.69
3.54
1.93
1.13
3.46
1.57
2.05
3.64
1.02
2.19
2.85
4.23
2.14
4.77
2.81
1.73
4.32
2.29
2.10
4.94
1.52
2.04
5.35
1.01
2.26
3.58
4.02
3.25
0.67
1.77
5.54
0.41
0.96
5.61
0.42
0.77
0.32
0.32
0.34
0.29
0.27
0.26
0.24
0.22
0.21
0.34
0.33
0.33
0.31
0.30
0.28
0.26
0.25
0.36
0.37
0.38
0.41
0.42
0.66
0.55
0.68
0.59
0.0
0.0
0.0
0.0
1.64
3.29
2.03
0.56
1.94
1.99
0.55
0.99
2.85
3.89
3.63
1.50
3.58
1.55
1.93
2.18
0.43
2.28
3.28
0.44
0.48
0.49
0.47
0.46
2.95
0.51
1.23
2.15
1.47
0.40
1.70
1.45
0.40
2.32
4.20
2.16
0.38
1.82
5.39
2.29
0.36
0.39
1.01
0.74
0.41
0.97
0.59
0.55
0.46
3.66
1.04
0.61
0.56
0.35
1.01
2.37
0.39
0.55
0.41
1.01
1.90
0.55
0.53
1.08
2.44
0.38
0.53
1.04
2.25
1.89
0.40
0.57
0.38
1.01
1.06
2.69
1.05
0.36
0.49
0.39
0.48
0.61
0.37
0.39
0.39
1.75
4.92
1.22
BX
1.33
0.35
1.88
0.34
2.38
1.76
1.46
1.97
3.28
1.44
1.04
3.97
1.82
0.95
1.06
5.21
1.44
1.47
0.51
0.50
2.41
2.89
1.21
0.98
0.53
0.49
0.38
1.97
5.00
1.30
1.19
0.45
0.51
1.08
2.31
2.23
1.16
1.03
0.79
1.08
1.98
2.18
1.39
0.96
1.03
0.38
1.07
1.86
1.83
1.52
1.00
0.78
1.10
1.03
3.00
2.22
1.64
1.09
2.03
0.55
0.50
0.47
0.58
0.55
0.58
0.50
0.75
0.56
0.57
0.55
0.57
0.46
0.66
0.54
0.59
0.43
0.84
0.58
0.57
0.47
0.64
0.56
0.59
0.86
0.64
0.55
0.42
0.77
0.56
0.57
0.43
2.29
0.67
0.58
0.42
0.92
0.52
0.52
0.38
0.88
0.55
0.36
0.97
0.47
0.58
0.54
0.46
0.38
0.87
0.42
0.37
0.97
0.81
0.40
0.41
0.98
0.42
0.40
0.77
0.41
0.36
0.97
0.50
0.35
1.10
0.61
3.04
1.92
0.37
1.14
0.99
1.79
0.92
0.95
0.88
0.74
1.38
1.07
1.74
1.51
3.39
1.40
3.87
2.98
1.48
1.50
1.50
1.65
0.83
4.25
1.35
0.60
3.56
0.84
0.60
1.18
1.02
1.70
0.76
1.59
0.78
0.84
0.78
1.02
1.18
1.24
1.73
1.48
1.83
1.43
1.95
1.54
1.01
0.92
3.23
2.24
0.97
0.80
3.50
2.20
0.81
0.80
3.34
1.68
1.00
0.81
2.97
1.10
2.47
1.07
2.09
0.40
0.35
0.69
0.35
0.36
0.51
0.33
0.32
0.28
0.31
0.34
0.48
0.26
0.43
0.65
0.33
0.37
0.32
0.45
0.27
0.32
0.40
0.22
0.21
0.24
0.21
0.21
0.21
0.21
0.21
0.22
0.21
0.22
0.21
eam_sec197725
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
40
0.21
536300E
536200E
536100E
536000E
535900E
535800E
535700E
Gold Estimate
g/t
1.80
0.33
0.40
0.28
Block Model
0.79
2.06
0.22
0.26
1700El
1.15
1.56
0.33
0.0
0.0
0.36
1.05
0.35
AD
0.34
1.09
0.62
0.0
0.38
0.54
0.39
0.37
0.48
2.07
0.64
BX
P
AD
0.0
.0
BX 0
P
AD X 0.00.0
B P
.0
AD X 0
B
P
AD
BXP
AD
0.60
0.51
0.25
0.42
0.0
0.0
0.0
0.0
0.0
0.0
0.72
F
0.31
0.25
0.0
0.54
0.46
0.0
0.0
0.0
0.0
0.0
0.0
0.26
0.0
0.0
0.0
0.0
0.0
P 0.0.0
D
0
A
0.0
0.96
0.73
0.75
1800El
0.0
1.17
1.49
1:
1000
MA
08-Jun-11
A1
534900N
535000N
1650
535100N
535200N
16
40
534900N
535000N
1650
166
535100N
1650
535200N
535300N
20
16
50
10
16
90
16
70
16
80
17
00
535300N
172
0
535400N
16
80
70
535500N
17
16
1770
1740
177
0
1750
70
535600N
17
1770
1630
1760
40
165
0
0
166
1700
1760
1770
1760
1760
16
17
1760
1640
60
535400N
535500N
535600N
175
1750
1620
1750
1650
1750
1730
17
1750
1740
1750
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
0.44
0.26
0.46
0.33
0.21
0.39
0.0
0.29
0.35
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.27
0.38
0.33
0.32
0.0
0.0
0.33
0.0
0.0
0.0
0.52
0.0
0.0
0.0
0.0
1900El
1.73
1.47
1.36
1.70
2.22
2.10
1.61
1.30
1.33
1.71
1.74
5.77
2.15
1.54
1.30
1.36
1.63
5.50
1.69
1.41
1.70
1.71
1.93
2.19
1.66
1.70
1.86
1.57
1.99
2.35
1.98
1.57
1.21
1.97
2.22
2.20
2.07
2.50
3.63
2.32
2.20
2.18
2.10
1.78
3.63
4.18
4.59
3.07
2.25
2.34
4.39
4.36
4.05
2.04
2.40
2.87
3.79
2.94
2.85
2.00
2.19
2.93
4.05
3.20
2.24
1.73
1.99
2.69
3.89
3.20
1.89
1.68
2.08
2.33
3.25
2.12
1.36
1.37
1.71
2.31
2.44
3.02
0.1
0.21.21
0.2
0.7
0.61.64
1.5
1.7
2.3
2.4 1.71
2.5
1.5
2.0 1.82
1.3
0.4 2.42
2.1
2.8
2.2
3.5 2.83
2.6
1.8 3.16
2.4
2.1
4.6 3.06
3.8
3.6 2.62
2.8
3.5
3.1
2.56
2.6
2.5
3.3
2.45
2.8
2.3
2.5
2.15
1.9
2.3
1.6
1.90
4.2
2.7
1.7
2.04
1.5
1.7
1.8
2.69
2.07
2.20
2.66
1.79
1.91
1.83
1.29
1.17
0.91
2.07
1.87
1.53
1.13
0.73
2.37
1.86
1.39
1.12
0.70
2.53
1.98
1.42
1.13
0.81
2.61
1.98
1.55
1.13
0.94
2.36
2.00
1.63
1.11
1.01
2.42
1.99
1.55
1.09
1.02
2.21
1.96
1.64
1.12
1.12
2.02
2.00
1.58
1.09
1.09
0
0.78 00.1.1
P
AD
0.1.2
1
1.91
1.72
1.48
1.08
1.03
0.82
2.06
1.52
1.56
1.10
1.04
0.81
1.20
1.32
1.26
1.26
1.22
0.79
0.84
1.07
0.94
0.77
1.27
0.78
0.90
0.77
0.62
1.23
1.03
0.56
0.93
1.48
0.73
0.79
1.20
0.79
0.57
1.04
1.03
0.68
0.63
0.94
0.69
0.58
0.59
0.58
0.41
1.60
0.55
0.46
0.80
0.99
1.65
2.09
2.32
2.69
2.76
2.26
1.64
1.29
1.11
1.02
1.04
1.88
1.73
2.00
2.41
2.73
2.44
1.69
1.18
0.91
0.98
0.98
2.67
1.63
1.51
1.86
1.41
1.71
2.38
2.55
2.73
1.65
1.19
1.00
0.92
0.96
2.20
1.56
1.39
1.47
1.28
1.37
2.15
2.65
2.58
1.88
1.22
0.87
1.41
0.98
2.15
1.31
1.43
0.82
1.02
1.42
1.50
2.08
2.31
1.96
1.34
0.79
1.56
1.06
1.79
1.51
1.19
1.19
0.99
0.93
1.42
1.83
1.12
1.19
0.88
1.08
1.04
1.55
1.27
1.07
0.91
1.11
1.17
1.76
1.25
1.09
1.59
2.37
2.11
1.44
0.71
0.87
1.74
1.39
1.45
1.93
1.97
1.70
0.96
0.71
1.80
0.97
1.39
1.32
1.99
1.59
1.31
0.76
2.20
1.11
1.02
1.51
1.63
1.57
1.29
0.77
0.98
0.99
1.35
1.32
1.48
1.40
0.80
0.90
1.00
1.57
1.23
1.44
0.80
0.89
1.34
1.17
1.49
0.73
0.83
0.98
1.06
1.39
0.69
0.89
1.07
1.37
0.81
0.81
0.79
1.35
1.29
0.81
0.6.4
0 .3
0 .2
0 .0
1 .6
1 .8
1.88
1 .1
1 .0
1 .1
1.67
5 .1
2 .1
4 .3 1.63
4 .7
3 .7
2 .3 1.04
1 .0
1 .8
1 .21.10
4 .8
3 .0
BX 41.25
3.1.2
3 .8
1 .8
2 .9
1.04
2 .7
0
0.8912.6.6
2.8
1.12 12.6.0
2.0
2.84 11.6.5
1.6.4
1 .1
1.27
2 .8
DP 11.2
1.26
A
1.58
2.18
0.85
2.05
1.85
1.50
1.43
1.58
1.17
1.13
1.09
1.05
0.99
1.29
0.96
0.61
0.82
0.98
0.63
0.57
1.11
1.05
0.83
0.77
0.91
0.82
0.89
0.85
0.69
0.69
3.82
0.75
0.70
0.70
0.46
0.80
0.99
3.94
0.81
0.78
0.81
0.69
0.74
0.97
1.66
1.05
0.93
0.83
0.84
0.65
0.81
0.89
1.20
4.25
3.73
2.57
0.72
0.80
0.84
0.80
1.10
4.80
3.86
1.17
0.99
0.78
0.80
0.92
1.25
1.22
1.17
1.04
1.10
1.11
1.25
0.69
0.59
0.71
0.73
0.78
0.85
0.76
0.86
1.01
1.05
1.08
1.18
1.17
0.75
1.15
1.05
1.32
0.83
1.12
1.87
0.62
0.66
0.74
0.72
0.77
0.79
0.81
0.83
0.97
1.02
0.94
1.06
1.30
1.23
0.91
0.87
1.06
1.21
1.04
1.66
0.71
0.72
0.62
0.61
0.75
0.71
0.70
0.67
0.70
0.73
0.81
1.01
1.25
1.20
1.18
0.87
0.86
0.75
0.79
1.28
0.74
0.75
0.65
0.72
0.66
0.86
1.05
1.26
1.30
0.73
0.74
0.80
0.93
1.16
0.74
0.64
0.86
1.48
1.18
0.94
0.74
0.77
0.88
1.16
0.73
0.60
0.82
1.09
0.72
1.01
0.65
0.67
0.59
1.21
1.37
1.17
0.90
0.71
0.93
1.25
0.90
1.18
1.32
0.79
0.97
1.26
0.87
1.47
1.29
0.42
0.75
1.12
1.28
0.63
1.30
0.73
0.76
0.72
0.95
0.31
0.72
0.91
0.87
1.04
0.28
0.39
0.79
0.74
0.89
0.89
0.93
0.45
0.42
0.61
0.79
0.94
0.99
0.55
0.64
0.52
0.84
0.96
1.03
0.77
0.86
0.83
0.77
0.61
0.71
0.84
0.83
0.72
0.81
0.72
0.59
0.72
0.66
0.69
1.11
0.78
0.68
0.62
0.80
0.67
1.1 1.60
4.3
1.4
0.8 1.50
1.3
0.9
1.4 1.15
1.1
1.3
0.7
1.1 1.09
0.7
0.2
0.7 1.17
0.9
0.7
1.1 1.05
0.5
0.5
0.8 0.69
0.8
0.5
0.8 0.71
0.8
0.9
0.9 0.75
1.0
0.8 0.40
0.2
0.1
0.3
0.3 0.60
0.2
0.3 0.76
0.4
0.7
1.01
0.9
1.2
0.7
1.59
0.4
0.7
0.9
0.9
0.6
0.8
4.4
1.3
0.9
0.3
0.4
1.8
1.45
0.9
0.5
1.8
1.34
0.1
0.1
0.2
0.83
0.3
0.2
0.3
0.73
1.2
1.9
0.2
0.78
0.2
0.3
0.67
0.3
0.5
1.1
0.9
0.5
0.8
0.8
0.1
0.2
0.70
0.4
1.0
2.7
0.84
0.8
0.7
0.4
0.4
0.70
0.9
0.3
0.4
0.58
0.2
0.4
0.53
0.43
0.54
0.55
0.36
0.37
0.41
0.38
0.49
0.26
0.33
0.49
0.57
0.60
0.41
0.45
0.36
0.44
0.62
0.55
0.61
0.98
0.98
0.67
0.74
0.43
1.37
1.49
0.64
0.36
1.52
0.89
0.94
1.66
1.76
F
0.71
0.82
0.64
1.41
1.34
1.39
1.32
1.13
1.25
1.19
1.02
1.20
0.95
0.73
1.08
1.01
0.87
0.75
0.74
0.92
0.83
0.43
0.31
0.29
0.53
0.49
0.48
0.25
0.66
0.57
0.53
0.46
0.39
0.70
1.25
0.74
0.65
1.47
1.24
1.10
1.27
0.89
1.36
1.24
0.64
0.50
0.88
0.79
0.85
0.66
1.13
0.83
0.67
0.91
0.80
1.02
0.75
0.98
1.43
0.68
0.74
1.38
0.75
0.76
0.81
1.59
1.38
0.68
0.42
0.59
0.77
0.71
1.43
0.61
0.64
0.64
0.78
0.77
0.94
0.50
0.58
0.66
0.75
0.70
0.33
0.72
0.22
0.80
0.73
0.71
0.37
0.23
1.14
0.41
1.08
1.10
0.66
1.42
1.06
1.16
0.94
0.0
0.0
0.0
0.0
0.0
0.0
0.0
FBX 0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
BX 0.0
0.67
0.1
0.1
0.72
0.53
0.2
1.0
0.3
0.0
0.0
0.0
FBX 0.0
0.0
0.0
0.0
0.0
0.0
0.40
1.05
0.97
1.06
1.32
1.62
0.80
0.91
1.26
1.35
0.31
1.02
0.96
1.61
0.36
0.92
0.22
0.72
0.71
0.71
1.16
2.28
0.88
2.03
1.08
1.00
0.65
0.99
0.92
2.19
0.88
0.85
0.92
0.77
2.16
1.02
1.08
0.68
0.84
0.87
0.97
0.93
0.82
0.95
0.71
0.72
0.80
0.92
1.04
0.68
0.72
0.92
1.30
0.98
0.70
0.73
2.25
0.83
0.82
0.99
0.95
0.72
0.81
2.33
0.78
1.22
0.78
0.85
2.67
0.68
2.42
1.03
0.85
2.68
2.20
2.57
1.69
2.28
3.41
1.79
3.02
2.17
1.77
4.13
0.89
0.98
0.65
0.82
0.90
1.26
1.27
1.10
1.74
0.76
0.71
0.77
1.00
4.12
1.48
2.51
2.19
0.65
0.67
0.70
1.02
4.36
3.37
3.28
2.03
1.95
2.95
4.15
1.47
2.91
1.72
3.35
1.85
1.89
1.66
2.36
0.83
4.53
2.97
0.40
5.16
3.43
0.69
0.69
0.97
0.69
1.01
5.62
0.79
0.59
0.68
1.12
0.70
1.07
5.17
5.79
0.46
0.74
0.47
0.57
0.46
0.82
0.70
0.49
0.62
0.55
0.40
0.40
0.55
0.52
0.44
0.45
0.79
1.93
1.52
0.58
0.52
0.50
0.50
0.67
2.43
1.38
0.76
0.65
0.94
0.50
0.45
0.34
5.52
2.16
0.55
0.43
0.48
0.54
0.87
0.84
0.40
1.04
0.38
0.36
0.44
0.67
0.67
0.63
0.42
0.79
1.19
1.08
0.52
0.55
0.52
0.50
0.63
0.74
0.94
0.36
0.63
0.84
1.26
2.24
0.67
0.66
0.65
0.61
0.67
0.79
0.68
0.34
0.74
0.75
0.94
2.13
2.11
0.66
0.61
0.66
0.59
2.03
1.13
1.05
1.15
0.61
1.92
1.29
0.86
0.69
1.01
0.95
0.84
0.38
0.43
0.62
0.84
0.39
0.50
0.69
0.76
0.42
0.60
0.88
0.45
0.55
0.55
0.65
0.73
0.45
0.67
0.85
0.40
0.50
0.49
0.56
0.74
0.53
0.39
0.42
0.49
0.43
0.40
0.37
0.34
0.31
0.41
0.42
0.52
0.50
0.52
0.37
0.51
0.56
0.67
0.68
0.64
0.42
0.77
0.39
0.53
0.76
0.68
0.65
0.75
0.51
0.42
0.58
0.76
0.90
0.96
2.17
2.03
0.46
0.22
0.33
1.77
2.39
3.46
0.38
0.25
4.27
2.40
0.63
0.32
2.18
3.06
3.97
0.47
0.34
1.14
3.54
5.42
0.52
0.25
0.86
1.04
0.40
0.22
3.43
2.98
1.07
0.37
0.36
0.80
1.11
0.37
0.28
1.60
0.79
0.30
0.29
1800El
1.14
0.28
0.28
1.19
0.71
0.37
0.27
0.93
0.54
0.24
0.33
1.31
0.50
0.91
1700El
1900El
0.53 .1
0 .1
1.62
1.30
0.81
1.58
1.53
1.34
0.53
0.0
0.0
0.1.7
1 .4
0 .0
1 .2
1 .6
0 .1
0 .2
0 .4
0 .4
0 .3
0 .1
1 .0
1 .3
0
0.0
0.95
0.0
0.0
0.53
1.52
1.39
1.34
0.86
0.88
0.40
1.35
1.0
1.42
1.7
0.9
2.1
1.10
1.0
0.1
0.1
ADP 0.2
0.1
0.5
0.4
0.0
0.0
0.0
0.0
1.01
0.45
0.83
0.41
0.43
0.70
0.64
1.61
0.23
0.62
1.07
2.02
0.40
0.58
1.99
0.41
0.70
0.68
0.42
0.56
0.82
0.68
1.32
0.44
0.37
1.66
1.27
1800El
0.23
0.45
1.59
A
FBDP
ADPX
0.33
0.43
3.29
0.82
0.41
0.53
1.31
0.96
0.36
0.66
2.80
1.37
0.32
00.1
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0.3.4
0 .7
0 .0
0.52
1 .8
1 .4
1 .9 0.35
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1 .1
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0 .3
1 .2
1 .80.64
0 .8
0 .6
0 0.86
0.7.3
0 .2
0 .0
0 .0
0 .0
0 .1
0 .1
0 .1
0 .1
0 .0
0
0.0
X
B
0.0
0.24
0.25
0.34
0.23
0.22
0.22
0.21
0.36
0.37
0.37
0.33
0.33
0.21
0.39
0.39
0.33
0.34
0.35
0.40
0.21
0.38
0.72
1.19
0.53
0.39
0.40
0.42
0.47
2.37
0.75
0.62
0.63
0.62
00.4.3
0.75
0.63
0.70
0.4.9 0.63
0 .3
1 .2 0.65
0.61
0.69
0.36
0 .2
0 .1
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0.61
0.47
0.64
0 0.58
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00.45
0.55
0.64
0.60
0.1.2
0 .2
0
0.54
0.38
0.64
0.61
0.2.2
0 .7
0 .2
0.41
0.37
0.58
0.37
0 .0
0 .0
0 .1
0.31
0.50
0.54
0 .1
0 .1
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0.33
0.57
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0 .1
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0.33
0.56
P 000.2.1
AD
0.63
0.1.1
0 .1
0 .1
0.36
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0 .1
0 .2
0 .5
0 .3
0 .2
0 .2
0 .1
0 .2
0 .2
0 .1
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0.53
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0 .1
0 .1
0 .1
0.45
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0
0.45
0.59 00.1.1
0.59
0.57
1.4.1
0 .6
0.55
0.51
0.59
0.57
0.56
0 .2
0 .1
0 .2
0.65
0.39
0.44
0.53
0.54
0 .8
0 .2
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0.94
0.67 X
0.42
0.55
0.53
0
B
0.1.2
0 .7 0.70
1.09
0.56
0.64
0.52
0 .5
1
0.50
0.66
0.63
1.10.71
V 00.20.41
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A
0.86
0.60
0.69
0.2.3
C
0 .1
0 .2
1.18
0.43
0.66
0.72
0 .8
0 .7
X
B 0.9100.8.7
1.24
0.98
0.85
1 .5
1.51 20.5
1.26
1.01
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1.22
1.23
1.13
P 21.9
AD
1.3.9
1.43
1.40
1.30
0
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0
BX 00.10.6.2
0.1.1
0 .1
0
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AD
0.1.1
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0
BXP 00.2.1.0
D
A BX 00.1.0
0
0.0
P 00.2.0
AD
0.0.0
0 .0
0 .1
0 .0
0
0.38
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0.1
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0.0
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0.32
P 000.1.1
D
A
0.0.0
0 .0
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BX 000.0.1
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P
D
5.11
3.40
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1.70
1.41
0.35
0.46
0.45
0.33
0.38
0.43
0.40
0.41
1.91
5.61
2.00
1.15
0.66
2.22
1.65
1.60
0.63
0.99
2.90
1.43
0.63
1.12
2.26
3.40
1.92
0.95
1.25
4.86
1.50
1.13
0.75
1.08
4.82
3.08
1.77
1.03
2.29
5.30
1.31
1.00
2.13
4.57
1.01
0.85
0.96
0.34
0.88
0.40
0.99
0.46
1.38
1.21
2.67
1.54
2.27
4.26
1.36
1.19
1.20
1.19
4.15
1.73
1.09
1.24
2.70
1.75
1.77
1.54
2.23
3.99
2.61
2.78
1.27
1.45
1.77
0.73
0.70
3.03
3.08
1.67
1.38
1.56
1.47
0.72
2.64
1.28
1.40
2.11
0.60
3.20
1.72
1.53
2.24
0.61
3.07
2.88
1.29
0.60
3.35
3.89
0.90
0.89
3.58
1.01
0.89
3.67
1.00
4.17
1.00
0.51
0.32
0.98
0.70
0.53
0.93
0.34
0.53
0.88
1.96
0.71
0.99
1.21
0.47
0.39
1.20
2.26
2.20
0.86
1.01
1.01
1.03
1.16
1.15
1.20
1.07
0.74
2.52
1.23
0.40
1.17
0.96
1.58
0.56
0.56
1.08
0.45
1.13
1.23
0.91
0.90
1.90
1.86
1.44
1.15
1.17
2.00
1.91
1.87
1.61
1.24
2.24
2.40
2.18
1.60
2.52
2.06
1.15
2.35
1.76
1700El
1.13
0.99
0.48
0.57
0.54
0.52
0.68
0.45
0.44
0.75
0.47
0.56
0.92
0.79
0.43
0.39
1.04
0.94
0.56
0.37
1.19
1.16
0.74
0.45
0.93
0.68
0.39
1.10
0.75
0.28
0.99
0.49
0.42
0.75
0.38
0.34
0.91
0.48
0.41
0.34
0.34
0.35
0.33
0.81
0.74
0.40
0.32
0.48
0.32
0.33
0.79
0.70
0.49
0.30
0.34
0.50
0.51
0.48
0.48
0.98
1.13
2.20
1.64
1.97
0.55
1.60
1.71
1.45
2.20
0.34
0.33
0.37
0.29
0.28
0.21
0.22
0.21
0.22
0.21
0.21
0.21
0.26
eam_sec197775
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
0.28
1:
1000
MA
08-Jun-11
A1
534900N
535000N
1650
535100N
534900N
535000N
1650
1670
1660
535200N
535100N
535200N
16
90
17
10
535300N
1700
17
30
535300N
535600N
535400N
535400N
1620
535600N
1620
30
16
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
0.0.0
0
0.0 .0
2000El
2000El
T0.0 0
AC X 0.0
B0.0.o0s0Xs
B
L
re 0.0.00oss 00.20.2.2
Coore0.0.0.L31
.3
C 0.54 BX 00.1.1
0
0.0
0.
ss 00.2.0.0
o
0.10
0 .0
0.0 e L
0
0.C0or
0.35
0.0
0.0.40
0.00
0.0
0.0
0.0
BX
0.40
0.37
0.
0. 0
0.00
re
Co
0.0
0.0
0.0
0.0
0.0
0.0.0
0 .0
0 .0
0
0.0
s
Los
0.0
0.0
BX
0.0
0.
0.00
0.0
0.0
AD
0.35
0.0
0.0
0.43
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.06
1.48
1.23
0.94
2.34
1.10
1.13
2.31
2.07
1.92
1.17
1.20
1.53
2.75
0.82
1.18
1.74
1.45
1.07
1.09
0.90
1.08
0.75
0.75
0.58
0.42
0.42
0.24
0.28
0.30
1.48
1.45
1.42
1.38
1.04
1.09
1.11
1.08
1.28
1.21
1.20
1.06
0.91
0.71
1.01
0.98
0.95
0.93
0.81
0.70
0.84
0.76
0.70
1.45
0.95
0.31
1.35
0.39
0.37
0.45
2.32
2.55
2.17
1.76
1.47
2.23
2.78
2.82
2.53
2.83
1.64
1.65
1.56
2.50
0.52
2.65
2.31
1.73
1.81
1.93
1.61
1.86
0.38
1.80
2.01
2.31
1.89
2.81
1.88
1.92
2.20
1.17
1.97
2.49
0.76
0.26
0.78
2.01
2.01
1.84
2.47
1.83
1.94
1.95
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0.39
1.26
1.11
0.46
0.37
2.96
0.89
0.58
0.27
1.22
5.54
1.01
0.78
0.60
0.28
1.84
1.15
1.20
0.82
0.64
0.36
1.41
1.67
0.61
0.77
0.59
0.37
1.23
2.37
4.92
0.79
0.46
0.62
0.26
1.54
3.40
0.35
0.53
0.26
3.27
0.89
0.54
0.32
2.04
3.97
1.17
0.56
0.30
1.58
0.65
0.63
0.28
1.31
5.74
1.03
0.47
0.27
1.24
1.97
1.22
0.68
0.46
0.29
1.72
0.62
0.41
0.38
0.27
1.94
4.97
0.76
0.61
0.73
0.30
0.26
1.23
4.25
1.01
0.75
0.65
0.30
0.25
1.31
0.82
0.73
0.64
0.44
0.24
3.21
1.78
4.38
0.80
0.71
0.66
0.34
0.26
1.29
1.09
0.65
0.60
0.33
0.25
1.54
0.94
0.62
0.55
0.31
2.05
0.74
0.62
0.52
0.38
0.89
1.72
3.05
0.79
0.65
0.41
0.43
1700El
0.25
1800El
0.96
0.50
1.15
1630
197800E
1640
1640
1730
0
174
20
17
40
1650
1740
50
16
1680
173
1730
1650
16
1690
0
173
197800E
30
20
173
17
1720
0
166
17
17
20
17
40
0
172
1640
17
30
173
0
0.29
0.29
0.26
0.40
0.41
0.34
0.26
0.42
0.35
0.42
0.31
1700El
0.53
0.43
0.27
0.38
0.27
0.38
0.28
0.38
0.28
0.37
0.35
0.34
00.1.1
.0
P 00.1.0
ADBDXP 000.0.8
0.0.1
A
0
BX 00.1.1
eam_sec197825
120
160
200
0.39
0.21
0.42
0.40
0.27
0.24
0.25
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
80
0.26
0.41
536300E
40
0.28
536200E
Gold Estimate
g/t
0.1.1
0 .0
0 .1
0 .0
0
P 0.1.1
D
0 .0
A
0
0.0
BX 0.0.0
0
0.0.0
P
0 .0
0 .1
AD
0 .0
0 .0
0 .0
X
0
B
0.0
0.0
536100E
536000E
535900E
535800E
535700E
Block Model
0.33
1:
1000
MA
08-Jun-11
A1
534900N
535000N
535100N
535000N
535100N
166
0
16
90
1700
16
70
1720
1720
171
0
535200N
535300N
17
20
535400N
535500N
535600N
20
17
1670
1630
10
172
70
1690
534900N
1690
00
16
535200N
535300N
17
1710
1710
16
80
172
10
168
1640
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
SC 0. 0.00.00.00
SCCT0 00.. 0
ADP SAL
0.
C0T
0.1.2
Core LBX A0.0
0 .1
0 .1
oss
0 .1
0 0
2000El
0. .0
0 .1
0 .1
0 .0
0 .1
0 .1
0 .1
0 .1
Co0.47
0 .0
re Los
0 .1
s
0 .0
0.66
0.26
0 .1
0.0
0 .8
B
0 3
0.39
0.39 X 0.0
0.31
X
B 0.7700.0.3.4
ADP
0.37
0.49
0.36
0.50 0.3.3
0 .3
0 .5
0.36
0.0
0.21
0 .7
0 .4
0.0
0 .5
0.86
0.37
0 .8
0 .4
0.0
0 .6
0.65
0 .1 0.56
BX 0.0
0 .1
0
0.
0.3.3 0.42
0.00
0 .1
0 .00.54
0.
0 0
0. 0
.0
0.00
DP 00.0.98
A
0.0.0
0.0
0 .1
0 .6
CAV 0.1
0.85
0 .1
BX 0.
1 .3
0 .5
ADP 0.00
0.55
0 .6
0 .9
0 .7
0.63
Core LBX 0.1
1 .7
2 .0
oss 0.5
1 .5
1.85
0 .6
0.2
0 .4
1 .9
Core LBX 0.0.12
1 .1
2 .5
ss 0.1
Core LBoX
2 .2
0.
1 .2
ss 0. 1
CA
BoX
1 .5
V
3
0 .9
0.93
0.1
0 .5
0.7
1 .6
1 .5
0.3
0.53
1.60
1 .5
1 .3
0.1
1 .4
0.76
1.26
4 .8
0.0
1 .7
0 .5
1.00
3.12
0.0
1 .5
1
0.1
1.37
1.06
0.62
2.52 0.8.7
1 .2
0.0
1 .4
2 .2
0.94
1.35
1.15
0.53
0.43
2.24
0.
2 .6
0. 4
2 .4
0.56 1.11
4
0.99
0.99
1.51
1.17
0.40
1.93
0.28
0.7
2.9.6
4 .8
BX 1.1.1.820 2.96
3 .1
2.72
2.43
1.23
0.49
0.33
2.18
3.48
2 .5
2 .9
0.9
1 .0
1.26
2.81
2.94
1.15
0.69
0.34
4.59
2.35
2.
1 .3
2.98
1 .0
2 .44.36
0.97
2.40
2.53
0.62
3.31
5.00
1.86
1.21
3.
2 .9
1.60
0 .5
2.
6
1
0.82
2.30
1.56
1.18
1.11
5.48
1.54
1.73
4.37
2.
BX 42.4.8.1 BX
1. 3
1.46
5
0.99
1.75
1.73
1.10
3.44
1.43
2.89
3.56
4.
1.
1
3.4
1. 5
2.09
1.70
2.29
1.08
1.60
1.37
1.8320.7.6 1
1.56
4.88
0.56
0.6
.815. .7
0
0
0.
.
1.09
2.20
1.13
1.03
1.55
1.36
2.12 1.1.18.03
1.87
4.78
0. 8
1.88
3.2.1 4 1.7.9
2
1.
4
0 .6
1.40
1.14
1.25
1.42
1.61
2.00
4.16
1. .0
1. 3
1 .9
0.80
0 .2
1.1.8 4
1
2
9
0.
1.13
1.46
0.85
1.46
1.86
1.30
2.09
3.10
4
ADP 0.23
1. .0
1. .2
5 .5
0.1
0.1.3 6
2 .5 1.83
1.35
1.63
1.61
1.73
0.96
1.40
2.99
CA
1 .4
0.1.4 9 1.99
V 0.7
1 .1
1.0.3 8
2 .8 2.02
1.32 2.1
1.51
1.55
1.52
1.73
1.56
1.85
2.98
0
AD
7
3 .0
.
P
4. 7
3 .4
0
2
1.
.
1 2.31
1.50
1.51
1.57
1.91
1.69 0 1.7 9
1.84
2.65
1.56
B1.51
2.1.6
X 1.1.394
3. .7
3 .8
1
2
2
.
7
1
1.58 1.3
1.73
1.71
1.93
2.08
1.73
1.94
2.44
2.20
1.67
1. .4
1 .7 7
0.
1 .4
ADP
.3.7
2.29
5.21.86
2 .4
1.87 3.
1.67
1.62
1.72
1.94
1.98
2.67
1.27
1.75
4
3
4 .7
2. .2
2.72
3 .6
1.1.6 0 2.03
1.90 2.6
1.38
1.32
1.52
1.49
1.86
2.83 22.35
1.50
1.45
1
2
0.5
1. .7
1. .5
4
1
1 .0
1.500.9
1.47
1.30
1.26
1.10
2.40
1.70
2.02
0.88
3.14
2 .3
0 .4
2.
4 .6
0. .1
2.41
3
0
9
1.43
1.10
1.09
2.34
1.54
2.89
2.25
1.08
0.91 0. .5
BX 1.543.2.03
0. 5
4.1.6
1.
3 .3
1.1.3 5
1.65
1.12
1.00
1.00
1.79
1.61
2.24
1.24
0.84
1 .0 2.47
2. 3
2 .9
1.25.2 0
0.94
00.99
2 .7 2.64
0.9
.
CAV 1.53
1.06
1.38
1.78
1.60
1.37
0.85
0.94 A
0
9
4
9
1. .5
2. .9
0
1
D
0.
0
9
5
1.15
1.95
1.33
1.92
0.78
0.78
0.73
BX 1.12
0.2.54
P 0 0.05.8.3 0.72
1.0
0.9.4
.5
0
0
0.
5
8
.
.
0. 2
1.19
2.00
1.35
1.98
2.13
0.95
0.69
0.57
0.56
0.57
0 .3
1.
8
0 .2
0 0.7 2
PX 1.29
0 .4
D
1.91
1.45
1.24
1.75
0.90
0.45 0.0.3.4
0.44
0.59
0.55
0
AB
4.8.1
0 0.2 1
1
1.66
1.53
1.12 1.4.6
1.75
0.78
0.90
0.400 0.3.3
0.35
0.53
0.40
0 .0
.
1 .0
0 0.1 1
1 .5
1.35
1.75
1.66
1.21
0.76
0.63
0.55
0.69
0.39
00.36
. .1
0 .1
0.0.4 3
1 .5
0 .4
1.19
1.56
1.82
1.22
0.48
0.55
0.39
0.56
0.47
0.0.1 40.29
1 .3
0
1
2 .4
0. .1
2
0
P
1.88
1.28
1.49
0.61
0.62
0.70
0.41
0.30
. 1
1.9.3 1.11
0.0.3 7
1 .9
AD
0 .4 1.22
1.76
1.55
1.03
0.79
0.77
0.60
0.48
0.33
0.28
0.0.6 6
0 .9
0. 1
1 .4
1 1.30
1.88
1.67
0.78 0. 0
0.80
0.60
0.37
0.32
3.2.6
0 .5
0. 1
1 .0
1.49
1.87
2.17
0.89
0.87
0.35
0.41
0. 1
4 .5
4. 0
4 .4
2
0.
1.741 9
1.09
1.98
0.37
0.41
0.59
0.67
3
3.
0.
X
0
2.02
1.26
1.87
0.77
0.51
0.56
0.53
B
0.
0
0.
1
1.78
1.12
1.69
0.76
0.69
0.59
0.66
0
0. .1
0.0.0 2
1.71
1.39
1.18
1.03
0.79
0.75
0.69
0.66
0.0.1 1
1.45
1.48
1.25
1.03
0.76
0.93
0.99
0.71
0.0.9 2
0
1
0. .2
01.06
2
1.30
1.34
1.13
1.01
0.88
0.97
0.81
0. .1
00. .1 20.90
1.22
1.67
1.33
1.06
1.09
1.16
0.96
0.76
1
0.3
0.
0.33
0.2
0.2
0.1
0.0
0.0
0.0
0.0
0.0
3.62
1.94
2.01
2.26
2.00
1.50
2.10
1.32
1.62
2.26
1.67
1.51
0.97
2.16
1.46
1.96
1.08
2.21
1.54
0.92
1.29
2.09
1.85
0.88
1.14
1.44
2.15
0.77
0.70
1.14
1.56
2.39
0.70
0.97
1.25
1.71
0.90
0.68
0.92
1.34
1.56
0.63
0.78
0.96
1.38
1.40
2.36
0.65
0.77
1.10
1.20
1.55
2.45
0.62
1.05
1.18
1.25
1.44
1.43
0.82
1.12
1.22
1.41
0.98
0.54
1.03
1.23
1.41
1.02
0.96
0.59
1.26
1.35
1.22
0.98
1.10
0.78
1.36
1.29
1.18
1.09
0.96
1.05
1.30
1.34
1.06
1.00
0.61
3.37
1.28
1.18
1.00
0.71
0.57
0.64
1.12
1.17
1.02
0.74
0.59
0.69
0.72
1.18
0.96
0.81
0.78
0.67
1.00
0.87
0.74
0.73
0.75
1.09
0.75
0.77
0.69
0.76
0.75
0.76
1.36
0.98
1.02
0.84
0.95
0.90
0.83
0.77
1.05
0.85
0.80
0.81
0.80
0.78
0.73
0.98
0.71
0.74
0.77
0.72
0.69
0.71
0.67
0.67
0.69
0.70
0.71
0.69
0.63
1.49
1.45
1.00
0.33
0.22
0.33
0.0
0.56
0.0
1.16
0.0
0.0
1.12
0.30
0.23
0.35
0.29
0.30
0.28
0.35
0.0
0.33
0.26
0.25
0.0
0.0
1.24
0.33
0.49
0.21
0.23
0.82
0.95
1900El
0.31
0.21
0.58
0.27
0.59
0.22
0.59
0.39
1.06
0.22
0.28
0.41
0.64
0.54
0.84
0.54
0.32
1.01
0.53
0.39
0.98
0.51
0.68
1.69
0.54
0.54
0.68
1.70
0.63
0.51
0.49
1.31
0.90
0.47
0.44
0.75
1.22
1.01
0.44
0.47
0.58
1.18
1.18
0.53
0.46
0.56
1.23
1.24
0.83
0.47
0.55
0.82
1.24
1.12
0.92
0.75
0.45
0.66
1.42
1.06
0.97
0.79
0.64
0.59
1.57
2.62
0.91
0.81
0.76
0.59
0.78
1.60
2.52
1.05
0.79
0.81
0.64
0.53
1.43
2.61
2.49
0.95
0.77
0.79
0.53
1.29
1.79
2.49
2.55
0.95
0.81
0.57
0.89
1.36
1.18
1.32
2.87
2.44
0.90
0.76
0.69
0.53
0.75
0.39
0.39
1.19
0.65
0.32
1.04
0.33
0.79
1.13
0.47
0.78
0.39
0.95
0.63
0.65
0.56
0.55
0.60
0.71
0.76
1.10
1.01
1.26
1.96
1.75
1.25
1.18
1.36
1.31
2.84
2.20
0.87
0.83
0.54
0.50
0.50
0.50
0.59
0.63
0.60
0.69
0.69
1.04
1.15
1.22
1.61
1.73
1.56
1.31
1.22
1.09
1.22
2.32
2.47
0.82
0.58
0.59
0.63
0.61
0.61
0.62
0.64
0.61
0.64
0.64
0.73
0.75
1.07
1.17
1.13
1.92
1.68
1.97
1.43
1.08
1.23
1.15
2.73
2.16
0.83
0.67
0.87
0.73
0.62
0.61
0.61
0.62
0.64
0.66
0.69
0.65
0.67
0.78
1.28
1.36
1.98
1.93
2.09
1.88
1.21
1.09
1.11
1.11
2.71
0.88
0.61
0.48
0.85
0.61
0.61
0.63
0.62
0.61
0.69
0.73
0.75
0.71
0.63
0.72
1.08
1.01
1.38
2.01
1.77
2.11
2.20
1.38
1.24
1.05
1.06
1.10
2.01
0.58
0.36
0.26
0.65
0.66
0.68
0.68
0.76
0.72
0.65
0.83
1.23
1.37
1.90
2.00
2.02
2.14
1.64
1.60
1.17
1.03
1.05
2.36
0.73
0.52
0.78
0.67
0.81
1.21
1.04
1.91
2.04
1.85
1.92
1.89
1.29
1.09
1.05
1.07
1.33
1.68
0.72
0.54
0.76
0.72
1.01
1.08
1.87
2.05
1.79
1.86
1.91
1.31
1.22
0.99
1.05
0.94
1.04
1.06
0.52
0.83
0.70
0.86
1.30
1.14
2.01
1.79
1.70
1.76
1.38
1.00
0.94
1.00
0.96
1.08
0.56
0.50
0.78
0.80
1.24
1.00
2.14
1.79
1.47
1.79
1.30
1.10
1.05
0.95
0.94
0.92
0.71
0.72
0.84
0.65
1.04
1.04
1.21
1.82
1.41
1.67
1.36
1.13
0.97
0.96
0.87
0.94
1.69
1.01
0.81
0.80
0.78
1.28
1.24
1.80
1.32
1.33
1.09
0.90
0.86
0.98
0.79
0.92
1.03
1.24
0.57
0.82
0.62
1.34
1.17
1.12
1.31
1.28
1.08
0.96
0.87
0.82
0.86
0.81
0.88
1.11
0.59
0.79
0.70
0.80
1.18
1.12
1.05
1.18
1.17
0.94
0.89
0.85
0.80
0.77
0.89
2.65
0.86
0.67
0.84
0.82
0.63
0.97
1.09
1.05
0.97
1.13
0.87
0.84
0.83
0.79
0.90
2.57
1.14
0.71
0.85
0.62
0.83
1.07
1.00
0.86
0.83
1.06
1.00
0.83
0.77
0.81
1.21
1.23
0.91
0.84
0.75
0.82
0.98
0.91
0.88
0.76
0.70
0.61
0.78
0.80
0.80
0.98
1.27
1.88
0.70
0.80
0.72
0.76
0.79
0.91
0.79
0.70
0.71
0.63
0.60
0.95
0.75
0.74
0.91
0.90
2.07
1.73
0.74
0.60
0.62
0.42
0.51
0.31
0.29
0.26
0.23
0.24
0.22
0.64
0.55
0.49
0.83
0.80
0.81
0.86
0.78
0.70
0.61
0.72
0.70
0.66
1.51
0.52
0.51
2.53
3.61
3.40
0.86
3.04
2.64
2.06
0.61
0.67
0.54
0.96
0.71
0.67
0.64
0.66
0.67
0.62
0.56
0.53
0.62
0.58
0.65
0.67
0.70
0.65
0.64
0.62
0.70
0.59
0.52
0.45
1.87
1.57
1.24
1.19
0.53
0.59
0.49
0.44
0.65
0.68
0.70
0.65
0.69
0.62
0.55
0.57
0.50
0.48
1.05
3.41
3.58
4.28
1.82
3.17
1.78
1.83
0.35
0.51
0.50
0.50
0.63
0.65
0.69
0.70
0.76
0.64
0.56
0.58
0.49
0.52
0.53
2.49
4.84
4.81
2.37
1.72
1.96
1.61
0.35
0.53
0.46
0.45
0.56
0.64
0.62
0.67
0.66
0.59
0.63
0.52
0.53
0.44
0.49
1.92
5.42
3.86
5.99
2.37
1.79
1.69
0.49
0.52
0.49
4.97
5.99
1.95
2.40
1.24
0.35
0.46
0.53
0.48
0.53
4.97
4.53
1.51
1.51
0.46
0.49
0.59
0.56
0.57
3.52
2.83
1.50
0.27
0.43
0.52
0.51
0.61
0.62
5.49
4.95
2.97
1.59
0.45
0.44
0.45
0.57
0.65
4.31
5.49
4.76
3.75
4.15
2.67
1.36
4.15
2.79
1.73
5.44
1.61
4.58
2.43
F
F
0.74
2.57
0.58
0.60
0.42
0.55
0.95
0.59
0.50
0.49
1.19
3.34
5.96
0.58
0.59
0.57
0.53
0.65
0.61
0.61
0.60
0.49
0.47
2.22
4.18
0.53
0.53
0.54
0.51
0.51
0.59
0.57
0.64
0.39
0.52
0.53
0.53
0.49
0.49
0.51
0.56
0.57
0.46
0.95
0.52
0.57
0.57
0.92
0.62
0.61
0.59
0.56
0.60
0.63
0.68
3.34
1.45
0.53
0.58
0.50
1.02
0.51
0.54
0.47
0.90
0.86
0.51
0.49
0.34
1.04
0.82
0.87
0.47
0.57
0.52
0.77
0.88
0.83
0.80
0.37
0.45
0.52
0.38
0.75
0.69
0.73
0.74
0.48
0.46
0.47
0.55
0.76
0.67
0.64
0.73
4.58
1.75
0.33
0.47
0.70
0.64
0.62
0.72
0.66
0.67
3.30
0.65
0.62
0.75
0.59
0.62
0.75
0.66
0.37
0.54
0.47
0.61
0.70
0.67
0.66
0.33
0.46
0.50
0.67
0.73
0.73
0.58
0.54
0.50
0.48
0.47
0.33
0.28
0.37
0.43
0.54
0.65
0.65
0.67
0.60
0.51
0.48
0.50
0.41
0.26
0.37
0.39
0.44
0.55
0.57
0.60
0.58
0.59
0.51
0.46
0.49
0.31
0.31
0.40
0.42
0.38
0.43
0.56
0.54
0.50
0.53
0.48
0.43
0.32
0.43
0.46
0.53
0.60
0.58
0.51
0.45
0.38
0.53
0.34
0.29
0.36
0.52
0.65
0.77
0.68
0.64
0.46
0.44
0.38
0.44
0.31
0.31
1.35
0.72
0.63
0.37
0.32
0.55
0.71
0.27
1.05
0.74
0.63
0.60
0.34
0.52
0.67
0.29
1.05
0.77
0.58
0.52
0.41
0.35
0.32
0.97
1.21
0.46
0.32
0.59
0.48
0.57
0.47
0.30
0.44
0.29
0.43
0.37
0.34
0.46
0.46
0.79
0.31
0.38
0.30
0.35
0.38
0.33
0.41
0.57
0.34
0.35
0.41
0.39
0.35
0.34
0.45
4.60
3.63
0.29
0.93
0.97
3.06
0.56
0.53
0.81
1.87
0.58
0.37
1.04
1.05
0.61
0.35
0.84
3.84
0.69
0.38
1.12
2.04
0.71
0.71
0.87
0.60
0.73
0.52
0.92
1.33
0.54
0.74
0.53
0.92
1.73
0.67
0.57
1.17
2.37
0.48
0.72
0.83
3.29
0.57
0.66
1.16
0.95
0.58
0.61
0.83
1.57
2.63
0.60
0.61
0.73
0.36
1.50
0.93
0.58
0.62
0.58
0.59
0.45
1.90
0.61
0.60
0.60
0.58
0.77
0.45
0.37
3.08
0.62
0.61
0.62
0.78
0.27
0.41
0.24
2.27
1.51
0.62
0.63
0.68
0.81
0.55
1.88
1.91
1.01
0.64
0.73
0.72
0.73
0.54
2.84
1.04
0.73
0.72
0.70
0.51
0.69
0.73
3.81
1.30
0.80
0.74
0.63
0.61
1.45
2.68
0.77
0.70
0.76
0.78
1800El
0.73
0.83
0.86
0.70
0.84
0.39
0.87
0.90
0.96
0.76
0.80
0.56
0.26
0.78
0.56
0.26
0.76
0.68
0.64
F
0.89
0.55
1.02
0.32
1.28
0.41
0.99
1800El
1.14
0.26
0.1
0.2
0.8
0.0
0.1
0.1
0.0
0.0
0.2
0.3
0.4
0.4
0.3
0.1
0.2
0.290.1
0.2
0.1
0.1
0.25
0.0
0.0
0.2
0.22
0.1
0.4
1.0
0.28
0.3
0.2
0.1
0.45
0.1
0.1
0.0
0.41
0.50
3.20
0.76
0.52
0.58
0.57
0.64
0.63
0.95
0.45
0.52
0.59
0.62
0.59
0.56
0.95
0.49
0.53
0.57
0.63
0.89
0.64
1.01
0.57
0.59
0.68
0.81
0.61
0.50
0.45
0.43
0.60
0.55
0.45
0.48
0.47
0.48
0.52
0.57
0.52
0.47
0.51
0.53
0.48
0.53
0.57
0.52
0.47
0.51
0.45
0.48
0.52
0.48
0.43
0.54
0.51
0.46
0.37
0.43
0.44
0.44
0.37
0.37
0.31
0.23
0.22
0.46
0.43
0.35
0.41
0.37
0.31
0.33
0.27
0.25
0.32
0.32
0.24
0.28
0.36
0.34
0.36
0.35
0.28
0.29
0.28
0.33
0.39
0.38
0.36
0.31
0.36
0.33
0.32
0.30
0.34
0.28
0.29
0.33
0.40
0.42
0.41
0.38
0.37
0.37
0.41
0.44
0.48
0.42
0.47
0.38
0.44
0.49
0.47
0.44
0.44
0.43
0.46
0.57
0.49
0.42
0.44
0.45
0.85
0.32
0.54
0.57
0.46
0.42
0.41
0.39
0.49
0.57
0.57
0.60
0.45
0.44
0.46
0.56
0.32
0.31
0.35
0.35
0.63
0.63
0.64
0.59
0.41
0.34
0.48
0.46
0.52
0.60
0.44
0.34
0.69
0.71
0.66
0.44
0.42
0.37
0.45
1.52
1.35
1.69
0.50
0.45
0.76
0.78
0.60
0.41
1.58
1.57
1.52
1.77
1.90
0.90
0.66
0.63
0.43
1.92
2.09
1.78
1.90
0.83
0.63
0.47
2.84
2.91
0.94
0.76
0.62
0.42
0.96
0.76
0.66
0.39
1.00
0.70
0.67
0.44
0.92
0.96
0.64
0.44
1.00
0.63
0.53
0.80
0.84
0.57
0.57
0.52
0.28
1700El
0.30
0.62
0.37
0.29
0.34
1900El
2.46
0.28
2.77
6
1. 9
.
1
2
2.1.6 2
2.0.8 3
2.5.5 6
5.
1.53
0.22
0
0. 0
0. 0
0. 0
0. 0
0. 1
BX
0.
0
P
0. 0
D
0. 0
A
0. .0
0 .0
BX
0
1
0.0.8 5
0.0.5 8
0.1.8 2
2. .2
0
2
2.1.2 9
0.0.7 8
1.4.1 9
1.
0.0
0.0
0.0
0.29
0.37
0.32
0.91
0.31
0.22
0.54
0.86
0.33
0.29
0.22
0.23
0.23
0.24
0.72
0.23
0.25
0.24
0.26
0.26
0.27
0.29
0.32
0.28
0.35
0.30
0.30
0.38
0.42
FBX
0.29
0.30
0.30
0.31
0.42
0.43
0.43
0.44
0.31
0.43
FBX
0.30
0.42
0.30
0.30
0.41
0.42
0.30
0.31
0.31
0.31
0.40
0.42
0.37
0.32
0.33
0.30
FBX
HB
FBXX
eam_sec197875
120
160
200
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
80
0.0
0.0
0.1
Silver
g/t (LHS)
0.0
0.0
0.0
536300E
40
536200E
536100E
536000E
535900E
535800E
535700E
0.0
0.0
0.1
0.0
ADP
6.0 - 99g/t
0.1
0.0
0.0
0.0
FBX
6.0 - 99g/t
0.0
ADP 0.0
0.0
FBX
0.0
HBX 00.0.0
0.30
0.42
Gold
g/t (RHS)
0.0
ADP
0.30
Gold Estimate
g/t
0.0
0.0
0.44
Block Model
1700El
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
FBX 0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
ADP 0.0
0.0
0.0
0.0
0.0
BX
2000El
171
0
0
171
16
90
1650
20
17
1700
0
171
17
1710
0
70
17
00
1700
17
00
17
535500N
535600N
710
10
1620
171
1690
17
1:
1000
MA
08-Jun-11
A1
70
1680
534900N
534900N
1680
535000N
535100N
535200N
197900E
16
535000N
90
535100N
80
16
535300N
16
535200N
535400N
535500N
535600N
1670
1620
1690
1690
16
60
1670
1650
1680
17
00
90
1670
80
16
80
16
1630
0
170
1660
1640
167
1680
690
16
197900E
90
1660
1660
00
17
16
90
16
90
1670
168
00
169
680
17
167
168
1680
0
165
16
16
90
535400N
535500N
535600N
90
60
16
1610
1660
16
167
0
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
0.66
0.83
0.54
0.46
0.67
1.04
0.46
0.45
0.76
0.97
0.36
0.45
0.55
0.98
0.57
0.32
0.42
0.46
0.83
0.58
0.38
0.32
0.29
0.64
0.40
0.56
0.39
0.29
0.37
0.35
0.61
0.33
0.41
0.43
1.17
0.39
0.71
0.77
0.58
0.38
0.90
0.69
0.94
0.75
0.28
0.31
0.71
1.61
0.58
0.87
0.40
0.33
0.52
1.77
0.74
0.95
0.70
BX
1.19
1.68
1.39
0.47
0.45
0.86
0.39
0.82
1.81
0.94
0.74
0.32
0.50
1.95
2.00
0.71
0.98
0.81
0.56
0.47
1.84
2.15
0.90
0.46
0.38
1.28
0.80
0.36
0.68
1.33
0.83
0.48
0.60
0.91
0.75
0.47
0.48
0.64
0.83
0.81
0.41
0.54
0.67
0.54
0.41
0.77
0.60
0.57
0.68
0.97
0.52
1.86
0.91
0.82
1.24
2.42
0.79
1.52
1.01
1.33
1.11
1.89
0.60
2.09
1.58
1900El
1.49
1.74
2.39
2.56
1.21
1.93
1.98
2.74
3.64
4.25
3.04
2.03
0.86
1.50
2.60
2.82
3.93
3.52
2.61
1.41
1.80
1.25
2.37
2.22
1.56
1.27
0.70
1.62
0.98
1.30
3.55
3.08
2.65
1.08
2.71
3.74
1.82
1.58
0.67
0.51
0.88
0.90
1.22
2.92
2.98
1.66
0.95
2.29
3.77
1.63
0.64
0.48
0.56
0.59
1.10
1.09
1.40
1.44
1.36
0.72
2.26
3.26
0.65
0.50
0.52
0.76
0.86
1.27
1.22
1.02
1.52
1.40
0.90
1.90
1.88
1.94
0.55
0.43
0.73
0.88
1.01
1.41
1.32
1.18
1.10
1.24
2.26
2.53
0.46
0.35
0.85
1.00
1.30
1.71
1.53
1.57
1.30
1.65
2.17
1.59
1.55
0.46
0.87
1.03
1.26
1.33
1.51
1.73
1.84
1.82
1.73
2.10
1.78
0.80
0.67
1.01
1.24
1.18
1.18
1.43
1.67
1.61
1.66
1.60
1.94
2.10
0.51
0.93
1.20
1.25
1.36
0.92
1.26
1.47
2.09
1.78
1.58
1.83
2.14
2.81
0.79
0.98
1.22
1.36
1.24
1.78
0.85
1.12
1.20
1.20
0.97
0.62
1.06
1.17
1.21
0.91
0.73
0.83
1.06
1.12
0.99
0.88
0.77
1.15
0.94
0.97
0.73
0.63
1.00
0.84
0.74
0.63
0.86
0.73
0.64
1.19
1.
8
1.
0.53
0.1.17
4
0.6
1.15
1.03
0.1
0.10.93
1.25
ADP 0.11.16
1.16
0.3
0.
2. 6
1.20
0. 0 0.68
0.13
0.70
BX 2.2.0.18 0.68
A
0.74 DP 0.91
0.
0. 4
0.33
0.4
1.4
BX 1.1.8
0. 9
0. 4
0. 4
0. 4
0. 5
1.34
ADP 0.0.57
0.75
0.73
0.2
0.57
0.62
BX 0.0.35
0.
0.22
0.48
0.60
0.0
0.53
0.50
0.0
1.54
3.00
1.04
0.89
1.20
1.17
1.18
1.12
1.15
1.08
1.03
1.12
1.02
0.99
1.10
0.99
0.96
0.92
0.94
0.89
0.92
0.77
0.98
0.85
0.51
1.03
0.90
0.79
0.53
0.87
0.91
0.54
0.47
0.89
0.76
0.73
0.55
0.40
1.00
0.85
0.85
0.79
0.77
0.57
0.57
0.46
0.42
0.80
0.59
0.63
0.61
0.58
0.54
0.50
0.41
0.51
0.53
0.60
0.58
0.56
0.53
0.49
0.42
0.51
0.62
0.54
0.56
0.44
0.43
0.93
1.65
3.05
0.83
0.93
2.96
1.67
0.65
1.11
1.73
0.1
0.0
0.41
0.0
AD0.43
P 0.0
0.0
0.
0. 0
0. 0
0. 1
0.11
0.
0. 1
0. 2
0.12
0.44
BX
2.92
0.99
1.14
1.20
1.42
1.81
1.39
1.42
1.84
0.85
1.02
1.05
1.80
1.72
1.73
1.60
0.70
0.78
0.82
0.96
1.65
1.89
1.52
1.28
0.74
0.65
0.75
1.27
1.97
1.72
1.12
0.64
0.74
0.68
1.10
1.67
1.52
1.11
0.69
0.71
0.74
1.12
1.72
1.66
1.51
0.74
0.54
0.92
1.21
1.48
1.79
0.71
0.57
0.73
1.26
0.91
1.92
0.75
0.61
0.76
1.00
1.39
1.85
0.73
0.55
1.11
1.14
1.24
0.78
0.62
0.87
1.03
1.05
0.54
0.90
0.97
1.16
0.72
0.75
0.94
1.10
0.77
0.78
0.98
1.27
1.00
1.10
1.32
1.16
1.22
1.49
1.09
1.14
1.82
1.22
1.79
0.66
0.49
0.67
0.91
0.40
0.59
0.69
0.41
0.57
0.74
0.89
0.43
0.44
0.67
0.63
0.42
0.1
0.63
0.66
0.97
1.15
0.45
0.65
0.86
1.19
0.42
0.55
0.58
1.00
0.40
0.43
0.66
0.78
1.34
0.39
0.67
0.60
1.30
0.40
0.53
0.52
1.21
1.29
1.31
0.46
0.52
1.07
1.31
1.43
0.38
0.55
0.79
1.22
1.33
0.38
0.48
0.63
1.07
1.24
0.39
0.53
0.80
1.06
0.36
0.44
0.64
0.82
0.38
0.43
0.57
0.65
0.49
0.47
0.63
A
0.37
0.44
0.53
0.36
0.47
0.49
0.36
0.44
0.49
0.43
0.47
0.40
0.45
0.4
ADP 0.2
PHBX 0.420.6
0.4
0.4
ADP
0.3
0.2
0.1
0.1
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.2
0.3
0.90
1.05
1800El
F
0.43
2.81
0.66
0.77
0.47
0.44
0.45
0.52
0.32
0.63
0.38
0.76
0.69
0.62
0.60
0.51
0.49
0.31
0.32
0.39
0.49
0.90
0.71
0.65
0.59
0.70
0.61
0.56
1.59
0.43
0.48
0.46
0.27
0.27
0.32
0.39
0.35
0.72
0.51
0.68
0.64
0.57
0.57
0.64
0.62
0.54
0.36
0.21
0.25
0.26
0.29
0.31
0.33
0.32
0.40
0.50
0.46
0.46
0.49
0.57
0.57
0.53
0.59
0.59
0.43
0.38
0.27
0.30
0.30
0.31
0.47
0.48
0.53
0.45
0.58
0.38
0.36
0.36
0.35
0.40
0.41
0.52
0.52
0.55
0.54
0.39
0.34
0.35
0.35
0.35
0.47
0.49
0.49
0.45
0.44
0.35
0.28
0.42
0.53
0.50
0.33
0.33
0.48
0.45
0.50
0.47
0.34
0.44
0.55
0.55
0.42
0.48
0.23
0.39
0.41
0.55
0.44
0.43
0.52
0.30
0.31
0.47
0.41
0.44
0.43
0.26
0.23
0.37
0.37
0.41
0.48
0.34
0.23
0.42
0.22
0.46
0.45
0.31
0.34
0.26
0.26
0.34
0.21
0.22
0.26
0.42
0.22
0.24
0.26
0.88
0.87
0.87
0.70
0.71
0.78
0.85
0.87
1.05
1.09
1.09
0.85
0.96
0.74
0.62
0.84
0.71
0.68
0.79
0.80
0.81
0.81
0.91
0.82
0.79
0.66
0.60
0.65
0.60
0.60
0.62
0.78
0.79
0.78
0.67
0.65
0.58
0.54
0.63
0.67
0.76
0.77
0.76
0.66
0.57
0.53
0.55
0.68
0.69
0.74
0.76
0.68
0.57
0.62
0.56
0.55
0.73
0.68
0.68
0.65
0.62
0.66
0.65
0.63
0.61
0.56
0.64
0.63
0.60
0.57
0.61
0.64
0.66
0.60
0.44
0.59
0.57
0.58
0.58
0.54
0.43
0.34
0.72
0.66
0.60
0.54
0.55
0.45
0.34
0.26
0.51
0.55
0.44
0.55
0.51
0.43
0.35
0.28
0.54
0.51
0.37
0.43
0.37
0.38
0.38
0.37
0.47
0.42
0.32
0.32
0.36
0.33
0.34
0.35
0.31
0.25
0.22
0.23
1700El
0.31
0.35
0.33
0.36
0.32
0.37
0.32
0.34
0.34
0.31
0.31
0.33
0.27
0.26
0.29
0.23
0.24
0.22
0.21
0.21
0.24
0.25
F
F
0.36
0.47
0.61
0.60
0.32
0.47
0.58
0.53
0.37
1.25
0.45
0.48
0.47
0.40
0.63
0.54
0.47
0.33
0.39
0.57
0.60
0.46
0.74
0.60
0.42
0.74
0.71
0.56
0.75
0.90
0.60
0.93
0.78
0.74
0.52
1.90
0.87
0.48
0.38
0.46
0.77
0.69
0.43
1.01
0.86
0.81
0.47
0.91
0.87
0.77
0.57
1.01
0.86
0.85
0.85
0.54
1.16
0.99
0.72
0.69
0.47
0.94
1.02
0.84
0.79
0.80
0.99
0.99
0.83
1.15
0.84
0.92
1.03
0.75
0.67
0.57
0.86
0.89
1.03
0.81
0.74
0.54
0.76
0.92
0.94
0.94
0.81
0.50
0.57
0.80
0.70
0.91
1.04
0.66
1.03
0.54
0.62
0.62
0.75
0.86
1.02
0.81
1.33
0.56
0.60
0.72
1.22
0.67
0.95
0.98
0.71
1.71
1.24
1.07
1.17
0.53
0.51
0.85
1800El
0.50
0.53
0.69
0.76
0.98
0.77
1.98
1.42
1.59
1.07
0.44
0.49
0.88
0.96
0.67
1.28
1.96
2.27
1.60
0.46
0.42
0.49
0.73
0.73
0.88
1.22
2.17
1.94
1.76
1.22
0.42
0.41
0.49
0.66
0.80
1.00
0.81
1.28
2.20
1.65
0.95
0.37
0.40
0.43
2.48
3.89
0.93
1.29
1.47
2.86
1.70
0.52
0.35
0.43
2.28
4.29
2.62
1.02
1.40
1.77
0.49
1.57
0.51
0.50
0.40
0.47
1.72
3.68
3.34
2.74
3.99
1.78
0.49
0.48
0.49
0.41
2.12
4.77
3.74
3.55
3.94
1.58
0.45
0.43
0.49
0.39
0.49
2.33
2.69
3.67
3.02
3.26
2.48
0.43
0.46
0.44
2.36
0.47
0.47
0.44
0.49
0.41
0.49
0.40
0.42
0.39
0.47
0.46
0.50
0.44
0.49
0.41
0.47
0.40
0.47
0.42
0.36
0.31
0.34
0.27
0.30
0.30
0.28
0.27
0.29
2.20
3.43
0.96
2.53
3.58
4.21
4.66
1.42
2.15
3.60
2.34
3.69
4.15
2.67
2.34
2.05
3.76
4.15
4.01
3.11
0.54
0.41
0.40
0.42
0.51
0.48
0.48
0.52
0.37
0.51
0.40
0.43
0.39
0.48
0.49
0.53
0.41
0.43
0.39
0.40
0.35
0.37
0.41
0.50
1.03
0.37
0.52
0.40
0.34
0.35
0.42
0.43
0.47
0.31
0.24
0.26
0.33
0.37
0.43
0.49
0.35
0.33
0.51
0.55
0.40
0.36
0.27
0.24
0.29
0.40
0.36
0.51
0.56
0.45
0.49
0.51
0.51
0.40
0.29
0.26
0.27
0.36
0.40
0.45
0.46
0.37
0.42
0.51
0.46
0.32
0.24
0.22
0.28
0.40
0.36
0.38
0.38
0.35
0.34
0.33
0.52
0.43
0.28
0.27
0.31
0.36
0.37
0.41
0.54
0.36
0.34
0.64
0.50
0.37
0.24
0.27
0.38
0.33
0.82
0.53
0.40
0.33
0.30
0.42
0.29
0.22
0.36
0.30
0.32
0.27
0.34
0.56
0.29
0.34
0.31
0.35
0.29
0.51
0.33
0.29
0.48
0.42
0.35
0.29
0.36
0.32
0.46
0.48
0.39
0.30
0.32
0.33
0.33
0.42
0.45
0.49
0.34
0.38
0.22
0.25
0.37
0.30
0.28
0.50
0.50
0.40
0.22
0.59
0.32
0.32
0.25
0.52
0.37
0.32
0.26
0.43
0.41
0.72
0.40
0.56
0.55
0.42
0.33
0.25
0.25
0.27
0.60
0.34
0.42
0.47
0.39
0.21
0.31
0.22
0.33
0.35
0.38
0.39
0.42
0.37
0.41
0.48
2.62
2.56
0.25
3.99
2.42
2.07
0.36
0.33
1.89
1.13
1.27
2.81
2.96
1.39
2.88
0.49
0.68
0.40
0.37
0.38
0.74
0.66
0.38
0.68
0.40
0.41
0.71
0.83
0.69
0.43
0.28
0.27
0.27
0.44
0.45
0.45
0.32
0.31
0.48
0.47
0.47
0.49
0.42
0.45
0.29
0.45
0.27
0.39
0.41
0.29
0.40
0.0
0.0
0.0
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
FBX 0
.1
0.0
ADP 0.0
0.0
FB
0.0
ADPX 0.1
0.1
1700El
536400E
200
0.46
eam_sec197925
0.31
0.30
536300E
160
0.35
0.48
536200E
120
0.60
0.29
536100E
536000E
535900E
535800E
80
0.37
0.34
Gold Estimate
g/t
40
0.32
0.60
535700E
Block Model
0.40
0.30
0.33
0.89
0.99
DP
1900El
0.26
0.22
0.21
0.87
0.0 0
0
0. 0
0. 0
0. 0
0. 0
0. 1
0. .0
0
1.11
0.90
2.22
0.0
.0
0.0 0
0.0 0.0
0.0
X 0.0
B0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
DP
0.0 A
0.0
0.0
0.0.0
0.0
0.0 0.0
BX0.0.0.00 0.0
0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.
0.1
0.30
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
ADP 0.0
0.1
0.0
0.0
0.1
P
D
0.1
0.0
A
0.2
0.0
0.1
0.1
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.3
0.0
0.1
0.92
0.0
0.0
0.1
0.75
0.36
0.0
BXP 0.00.0
0.0
D
0.0
A
0.70
0.42
ADP 0.0 0.0
0.0
0.0
BX 0.1
0.72
0.68
0.41
0.0 0.0
DP 00.0.1
0.0 0.0
0.81
0.85
0.48
0.36
A
0.1 0.0
BX 00.0.0
0.79
0.92
0.79 0.1
0.63
0.0 0.0
0.0
0.1
1.11
0.77
0.71
HBX0.82
0.0 0.6
0.6
0.01.1
1.01
0.80
0.86
0.84
0.0
0.7
1.
1.15
0.80
0.860.70
0.79
1.1
0.0
ADP 0.81
0.9
1.55
1.03
0.65
0.52
0.1
1.0
0.7
0.5
0.0
0.7
0.4
1.47
1.22
0.57
0.63
BX 0.62
0.8
0.
5
0.1.1
0.
0.2
7
0 .1
1.40
0.97
0.79
0.65
1.0.1
7
0 .1
HBX 1.05
1.0.0
0
8
2.
2
1.24
0.85
0.63
0.74
0.0
1.0.0
0
1.1
1.35
0.80
0.51
0.48
0.
3
0.50.0
0.0.53
3
0.84
0.52
0.46
0.0
5
ADP 1.1.0.40.84
5 0.0
0.51
0.39
0.0
0.7
0.0
0.
3
2.06
0.53
0.52
0.53
ADP0.0.0.35 0.0
1.83
0.71
0.60
4
HBX 0.0.0.35 0.0
P 0.0
1.41
0.40
0.64
8 0.0
AD
1.1
00.1
0.7
0.0 0.1.1
0.95
0.33
0.45
0
0.5
0.2.2
0.
5
A
0.1
1.25
1.07
0.53
0.33
0.24
1.1D
0.0
0.7 P 0.001.5.2
.0
0
0.
0
0.0
1.54
1.06
0.75
0.51
0.43
0.27
0 0.760 .2
0.0
0.0
0.0
0.4.1
1.1
0.0
0
1.76
0.54
0.57
0.62
0.41
0.55
0.25
.1
0.
6
CA
00.9
0.0
.8
0.
00.7
.3
0.4
0.5
AD0.0.155V 0.64
1.52
0.60
0.54
0.56
0.0 0.39
0.8
0.5P 00.6.71.0
.0
0
0.5
0.99
0.75
0.70
0.61
0 0.64
0.5
0 .8 0.7
0.0
BX
1.5.2 0.7
0.5
1.1
1.00
0.87
0.74
0.65
0.55
0.0
1.2
AD 0.0.48 11.03.2.3 0.76
3..94
0.2.3
0.4
P0.0.7 01.3 1.16
1.08
1.05 12.0.1
1.00
0.67
0.51
0
1.1
2 .2
4 .8
2.1
0.0
0.5 0.6 1.31
0 .7
4.8
1.18
1.18
0.75
0.89
0.51
0.59
0
2 .7
0.
A
.8
5
DP 0.4 0.9
0.1
1.0
0 .0
0
1
0.6
1.6 2 .8
1.43
1.13
1.22
1.46
0.93
0.5100.0.1
0.52
0.60
1.3.4
BX
0.8
.2
1.
5
1 .1
1.5
B
0.201.9.4
0.3
1 .4
X
0.6
1.06
1.16
1.85
0.98
0.59 0.3.7
0.53
0.61
1 .6 0.88 0.20.7
1.2
1 .9
0 .5
0.70.2
0 .3
0 .2
1.0
1.018.7
1.12
1.15
1.49
1.00
0.58
0.54
0.66
1 .4 1.21 1.
1 .5
1.0
1 .4
068.8.5
0 .7
2.0
3.
2 .1
0.7
X
0
B
0.6
2.
2 1.62
1.05
1.14
1.12
0.97
0.55
0.54
0.72
0
0
7
.
P 0.3
1 .4 01..8.8
1.2
D
1 .7 32..714
A0.60X 0.7.7
1.7
0 .310.
1.18
1.03
1.50
0.96
0.96
0.58
0.73
1.2
.48
1 .061.
0 .6
FB
.3
2.3
00.6
0
A
0
0
.
DP 1.1501.20.20..339
1.1
1.33
1.00
1.01
0.96
0.77
0.58 X
0.66
0.3.5
B
0.5
2 3.
0 .4
0.1.91.072.03
0
1.1
1.20
1.06
1.17
0.87
0.91
0.82
0.69
0 1. .
0.4 0.64
0.7
0 .10.47 11.08
0.9
P 00.5.7 0.68
0.6.5 1.
3 01. .1ADP 1.07
1.4
1.09
1.30
0.92AD
0.89
0.75
11.22
1.4.1
3 .1 0.5
0.5
2.5.7
1 .1
0 .4 0.6
1.8
0 .8
1 .91.48
0.7
1.05
1.13
1.20
1.14
0.88
0.68
0.9.41.42
0
1.6
3
0 .0
0
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0.38
0.38
0.35
0.41
0.46
0.50
0.51
0.26
0.27
0.26
0.24
0.21
0.26
0.24
0.21
0.26
0.25
0.21
0.22
0.27
0.24
0.24
0.28
0.28
0.30
0.25
0.21
0.28
0.29
0.30
0.32
0.32
0.32
0.35
0.40
0.29
0.24
0.25
0.22
0.24
0.31
0.40
0.27
0.40
0.30
0.31
0.38
0.47
0.23
0.33
0.36
0.27
0.48
0.49
0.26
0.27
0.22
0.30
0.24
0.26
0.42
0.23
0.39
0.28
0.1
0.0
0.0
0.2.4
0 .1
0 .1
0 .1
0 .1
0 .1
0 .2
0 .2
0
P 00.4.1
D
A
0.1.1
0 .2
0 .4
0 .1
0 .2
0 .1
0 .4
0 .1
0.55
1 .4
0 .1
0 .1 0.55
0.46
0 .1
0 .1
0 .3
0.45
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0
BX 00.1.1
0.1.1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0
0.30
0.39
0.24
0.42
0.29
0.25
0.33
0.37
0.30
0.32
0.38
0.41
0.30
0.45
0.62
0.40
0.40
0.46
0.30
3.96
1.28
0.48
0.45
0.53
0.29
0.49
0.54
0.33
0.56
1700El
0.53
0.56
0.51
0.36
0.27
0.52
0.27
0.49
0.27
0.45
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
0.31
0.30
536400E
eam_sec197975
1.38
536300E
160
1900El
1.52
536200E
120
1.08
536100E
536000E
535900E
535800E
535700E
80
0.61
1.48
Gold Estimate
g/t
40
AD
P
1.60
Block Model
0.0
0.0
1900El
0
00. .8.9
10. .95
00.4.531.73
0
.
01. .46 1.69
1.11
1.49
0.88
00. .69
01..2
3
10. .76
1.05
1.46
0.66
10.8
B1.57
00.9.91
0 .4
0
X
0.7.5
1.24 10.9.5
1.25
0.94
0.48
0
0.6.2
0.9.0
0
0
1.03
0.9700.5.2
0.41
0.58
0 .6
0 .7
0. . 5
0 .5
0 .2
0.39
0.44
0.51
00. .23
B0.62
X 000.5.2.2
00.1.33
0
.4
0.34
0.40
0.39
0.47
0
0. .2
0.4.1
00. .11
0.34
0.32
0.38 00.5.8
00. .11 0.30
0
0 .2
00.3.32 0.24
0.1.3
0.38
0.37
0.41
0
.
0
2 .7
00. .33
1.6.0
0.48
0.42
0.40
00. .23
10.55
0.9.4
00.42
1 0.72
0.84
0.70 00.3.5
0.46
0 .1
1.2.8
.
4
1
0
1.04
0.8801. .6.6
0.62
0.2.7 0.68
0.76
0
0 .2
10. .3
1.32
1.10
0.60
0 .0 0.46
11.3.10
0.2.1
1
0
1.32
0.63
0.37
1
2.0.1.10
0 .6
0 .3
11. .0
0 .1
0.64
0.36
0 .7
10.9.56
0.1.3
20.3.7
0
2
.1
AD
0. .1
0.1
P 00.10.2.19
0.1
00. .0
0.0
00.42
0.0
0 .1
0.0
0 .1
0.0
0.3.1
0
0.
0.1.0
0.1 3
0.0
AD
0.0
P 0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.
1.69
1.70
0.1 0
0.0
0.0
2.34
1.24
1.44
1.63
1.08
0.47
0.35
0.43
0.47
0.46
0.45
0.44
0.40
0.39
0.47
1:
1000
MA
08-Jun-11
A1
534900N
535000N
160
0
90
15
534900N
198000E
535000N
90
161
0
160
15
535100N
535300N
535400N
80
1660
0
159
50
50
0
64
5
16
16
60
16
15
30
16
16
1660
0
158
0
161
5
16
1640
20
16
535100N
535200N
1650
0
165
1630
40
165
0
0
165
1600
50
16
1620
16
40
1650
2
16
1630
1670
535600N
16
535300N
535400N
535500N
16
30
16
16
10
165
0
16
40
1590
50
16
40
16
1650
1640
1660
20
1610
1670
1630
0
164
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
0.0
0.0
0.0
0.63
0.24
0.32
0.38
0.0
1900El
2.53
0.38
0.43
0.33
0.39
0.50
0.32
0.34
0.48
0.44
0.45
0.42
0.51
0.46
0.48
0.48
0.65
0.58
0.52
0.61
0.62
0.67
0.59
0.60
0.60
0.68
0.69
0.57
0.57
0.65
0.69
0.53
0.54
0.60
0.64
0.49
0.47
0.52
0.60
0.44
0.41
0.43
0.48
0.44
0.40
0.38
0.39
0.38
0.31
0.30
0.32
0.36
0.27
0.26
0.28
0.26
0.28
1800El
0.29
0.45
0.34
0.25
0.55
0.34
0.32
0.28
0.28
0.42
0.41
0.39
0.42
0.25
0.45
0.47
0.59
0.54
0.36
0.51
0.65
0.62
0.65
0.80
0.53
0.55
0.56
0.58
0.60
0.52
0.49
0.54
0.59
0.62
0.71
0.82
0.57
0.47
0.52
0.58
0.64
0.74
0.86
0.74
0.55
0.58
0.53
0.56
0.62
0.66
0.64
0.71
0.70
0.68
0.54
0.52
0.45
0.61
0.55
0.52
0.38
0.38
0.31
0.34
3.54
2.54
1.61
4.57
3.43
1.64
0.89
4.07
2.41
1.32
0.59
2.41
2.93
0.43
0.48
0.44
0.66
0.71
0.77
0.43
0.42
0.53
0.76
0.85
0.50
0.44
0.40
0.39
0.57
0.69
0.79
0.49
0.42
0.41
0.38
0.40
0.47
0.80
0.91
0.65
0.42
0.40
0.41
0.41
0.72
1.02
1.13
0.95
0.61
0.47
0.38
0.40
0.53
0.87
1.09
0.82
0.49
0.50
0.50
0.46
0.63
0.77
0.87
0.61
0.52
0.55
0.40
0.58
0.71
0.70
ADP
2.22
1.40
1.17
1.60
0.90
1.44
0.95
0.81
0.85
0.58
0.87
0.57
0.99
0.53
0.65
0.23
0.39
0.56
0.43
0.37
0.49
0.66
0.44
0.47
0.72
0.54
0.53
0.52
3.38
2.22
0.72
0.49
2.41
1.27
0.62
0.56
3.38
2.23
0.96
0.64
0.55
2.54
1.09
0.94
0.67
0.65
1.84
0.98
0.73
0.67
0.69
0.65
0.55
0.48
1.51
0.70
0.70
0.76
0.77
1.25
0.89
0.86
0.68
0.60
0.82
0.76
0.71
0.97
0.96
1.42
1.31
1.17
0.94
0.59
0.75
0.63
0.80
1.02
1.24
1.52
1.45
1.25
1.12
0.75
0.61
0.62
1.10
1.37
1.36
1.41
1.36
1.21
1.22
1.08
0.61
0.78
1.24
1.46
1.58
1.14
1.18
0.94
1.17
1.15
0.58
0.84
1.42
1.26
1.34
1.04
0.90
0.82
0.89
1.08
0.69
0.94
1.29
1.40
1.15
0.96
0.86
0.77
0.82
1.10
0.82
0.98
1.40
1.32
1.07
0.96
0.87
0.77
0.74
0.76
0.66
0.83
1.31
1.48
1.21
0.96
0.82
0.75
0.73
0.83
0.80
0.88
1.06
1.29
0.95
0.97
0.86
0.80
0.70
0.73
0.80
0.89
1.09
1.10
1.25
1.12
0.91
0.74
0.70
0.84
0.87
0.82
1.00
0.84
1.06
0.88
0.87
0.91
1.05
0.87
0.88
0.84
0.84
0.97
0.89
0.90
0.89
0.69
0.68
0.71
0.82
0.93
0.99
0.94
0.87
0.83
0.79
0.68
0.65
0.63
0.64
0.72
0.97
1.03
1.05
0.94
0.84
0.74
0.72
0.57
0.54
0.56
0.52
0.80
0.78
0.74
0.98
0.91
0.77
0.57
0.43
0.46
0.48
0.56
0.68
0.81
0.76
0.70
0.68
0.58
0.50
0.40
0.40
0.44
0.46
0.58
0.65
0.70
0.71
0.64
0.58
0.54
0.35
0.38
0.42
0.46
0.54
0.61
0.61
0.51
0.49
0.60
0.53
0.50
0.59
0.57
0.58
0.59
0.61
0.60
0.55
0.56
0.57
0.57
0.35
0.70
0.0
0.42
0.51
4.72
0.96
0.48
0.46
BX
1.65
2.42
4.37
ADP
3.10
1.52
1.99
2.51
0.88
0.82
2.72
0.82
1.70
1.26
0.78
00.1
2 .6
4 .0
5.0.7 1.36
0.99
3
2 .6
1 .1
0.90
0 .4 1.78
1 .6
0 .2
1.05
1.27
1.0.4
1
1 .3
1.26
1.03
0.98
0 .7
0.3.7
0
.3
1.06
1.05
B1.05
X 401.7.0
1.12 00.8.9
1.27
0.80
0.9.3
0.85 20.1.2
0.88
0.87
0.4
1.0602.4
1.07
0.92
0 .7
0 .9
0 .3
0 .1
0.3.2
0.77
0.55
1
0.3.3
0 0.46
0.50
0.70
0 .2
0 .5
0.2.50.41
0.51
0.42 AD
P 00.1
.0 0.37
0.46
0.46
0
0 .2 0.43
0.47
0.46
0 .1
0.2.4
0.63
0.57
0.62
BX 001.9.5
0 .6
0.45
0.54
0.44
0.2.1
0.1
0.47
0.46
0.54 00.5.6
0
0 .2
0.45
0.1.3
AD
P 0.0
1.06
1.06
BX
0.93
0.67
1.06
1.54
ADP
1.79
1.77
1.47
1.16
0.81
BX
0.81
ADP
0.52
0.56
BX
0.55
ADP
0.5
0.7
0.5
0.6
0.4
0.0
0.0
1.8
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.0
0.2
0.0
0.6
0.2
0.0
0.0
0.0
0.1
0.3
0.6
0.2
0.1
0.3
0.2
0.2
0.5
0.5
1.0
0.7
1.2
0.8
1.4
1.0
4.0
4.9
1.2
2.1
4.2
1.4
0.5
1.0
1.0
1.2
1.1
0.6
0.6
0.5
0.3
0.8
1.2
0.6
0.3
0.8
0.2
0.1
0.3
0.6
0.4
0.4
1.3
0.4
0.89
0.84
0.63
0.55
0.60
0.42
0.42
0.67
0.81
0.52
0.47
0.42
0.46
0.58
0.66
0.51
0.44
0.50
0.41
0.50
0.71
0.49
0.41
0.44
0.54
0.44
0.52
0.52
0.74
0.34
0.41
0.40
0.61
0.42
0.40
0.50
0.37
0.44
0.28
0.43
0.33
0.32
0.39
0.61
0.64
0.3
0.1
0.0
0.1
0.2
0.4
ADP 00.0.0
0.0
0.1
0.1
0.2
0.1
0.1 0.55
0.5 0.57
0.2
0.68
1.0
0.6
0.76
0.6
0.82
0.7
0.39
0.1
0.3
0.33
0.3
0.37
0.7
0.36
1.00
1.05
0.50
0.77
1.06
1.28
0.99
0.41
1.15
0.87
0.97
1.06
0.84
0.59
0.96
0.68
0.69
1.24
1.02
0.42
0.43
0.49
0.66
0.67
1.10
0.44
0.46
0.54
0.60
0.76
0.57
0.87
0.51
0.60
0.59
0.75
0.60
0.84
0.3
0.2
0.1
0.0
0.2
0.2
0.1
0.70
0.0
0.84
0.8
10.98
.6
1.9
0.55
0.4
0.10.67
0.8
0.65
0.33
0.0
1900El
0.0
0.0
0.0
0.0
0.72
0.58
0.94
0.72
00.0.1
1.0.2
1 .4
1 .7
0 .5
1 .9
0.97
0 .0
0 .3
0 .8
0.79
0 .2
0 .2
0 .17
0.48
00.
1.15
1.14
0.72
0.42
0.74
0.64
1.49
1.03
0.41
0.70
0.31
0.74
1.84
0.63
0.73
0.67
0.63
0.92
0.74
0.83
0.74
0.40
0.69
0.32
0.29
1.24
1.46
0.35
0.66
0.24
0.29
0.56
1.62
0.64
0.40
0.30
0.22
0.29
0.63
1.56
0.70
0.28
0.29
0.25
1.59
1.27
0.48
0.21
0.27
0.62
1.96
0.27
0.61
0.28
0.26
0.26
1.20
1.24
0.32
0.26
0.27
0.43
1.91
0.64
0.93
0.29
0.26
0.38
0.86
1.36
0.55
0.30
0.26
0.71
0.56
0.68
0.55
0.75
0.52
0.52
0.61
0.57
0.51
0.34
1.11
0.82
0.88
0.63
0.54
0.59
0.67
0.63
0.51
0.44
1.20
1.15
0.65
0.55
0.47
0.50
0.59
0.58
0.58
0.46
0.43
2.07
1.61
1.28
0.94
0.53
0.44
0.43
0.59
0.58
0.58
0.46
0.41
0.46
2.02
1.60
1.22
0.98
0.50
0.43
0.51
0.55
0.67
0.64
0.62
0.43
0.41
1.29
1.45
1.14
0.86
0.48
0.42
0.44
0.58
0.57
0.61
0.66
0.62
0.45
0.50
0.79
0.48
0.43
0.47
0.55
0.62
0.60
0.76
0.67
0.58
0.55
0.82
0.52
0.48
0.55
0.67
0.70
0.73
0.70
0.81
0.72
0.50
0.62
0.83
0.59
0.53
0.71
0.65
0.85
0.80
0.71
0.73
0.83
0.59
0.51
0.97
0.88
0.86
0.60
0.69
0.71
0.83
0.89
0.78
0.62
0.80
0.72
0.56
0.64
0.63
0.69
0.48
0.82
0.88
0.93
0.84
0.76
0.90
0.91
0.97
0.79
0.59
0.83
0.70
0.57
0.76
0.77
0.52
0.46
0.47
0.72
0.89
0.80
0.81
0.84
0.80
1.04
1.14
0.82
0.69
0.79
0.59
0.59
0.48
0.65
0.66
0.64
0.82
0.82
0.83
0.86
0.77
0.90
1.11
1.25
0.77
0.70
0.82
0.59
0.60
0.60
0.66
0.66
0.82
0.84
0.71
0.75
0.93
1.22
1.12
0.80
0.79
0.80
0.80
0.79
0.60
1.85
0.70
0.73
0.65
0.92
1.21
1.06
0.61
0.79
0.79
0.80
0.79
0.79
0.48
0.66
0.64
0.69
0.98
1.15
0.98
0.63
0.64
0.64
0.80
0.80
0.60
0.59
0.65
0.72
0.98
1.11
0.95
0.99
0.98
0.64
0.64
1.67
0.59
0.66
0.74
0.98
1.04
1.04
1.03
0.98
0.98
1.66
0.57
0.64
0.75
0.97
0.96
0.96
1.02
1.02
1.25
0.58
0.63
0.76
0.77
0.70
0.96
0.96
1.00
0.60
0.66
0.70
1.70
1.35
1.21
3.35
2.92
3.00
3.10
1.53
3.40
2.78
2.55
0.83
0.34
0.38
0.52
0.53
0.53
0.54
0.52
0.69
0.70
0.55
0.52
0.71
0.70
0.76
0.73
0.54
0.52
0.73
0.63
0.94
0.93
0.79
0.71
0.60
0.66
0.60
0.60
0.75
0.88
0.99
0.88
0.76
0.68
0.55
0.68
0.55
0.51
0.65
0.69
0.88
1.03
1.00
1.00
0.69
0.63
0.65
0.57
0.54
0.49
0.65
0.79
0.92
0.89
0.87
0.80
0.75
0.59
0.51
0.55
0.54
0.50
0.48
0.64
0.81
0.86
0.80
0.73
0.80
0.63
0.53
0.46
0.53
0.51
0.59
0.68
0.69
0.70
0.75
0.68
0.75
0.63
0.50
0.45
0.52
0.52
0.59
0.59
0.62
0.67
0.64
0.68
0.70
0.62
0.49
0.45
0.43
0.54
0.60
0.60
0.61
0.62
0.62
0.52
0.47
0.48
0.41
0.44
0.52
0.58
0.68
0.56
0.60
0.52
0.47
0.47
0.41
0.44
0.48
0.50
0.56
0.53
0.58
0.47
0.46
0.46
0.41
0.47
0.47
0.43
0.38
0.26
0.31
0.48
0.51
0.30
0.32
0.40
0.27
0.43
0.54
0.31
0.26
0.27
0.24
0.50
0.56
0.35
0.26
0.23
0.23
0.28
0.30
0.32
0.31
0.44
0.53
0.52
0.33
0.60
0.28
0.22
0.21
0.22
0.31
0.29
0.30
0.48
0.48
0.43
0.50
0.50
0.62
0.23
0.24
0.29
0.25
0.29
0.36
0.39
0.48
0.55
0.42
0.32
0.32
0.37
0.36
0.35
0.37
0.34
0.34
0.30
0.32
0.39
0.35
0.29
0.36
0.37
0.35
0.68
0.42
0.46
0.37
0.46
0.43
0.50
0.48
0.48
0.49
0.53
0.56
0.52
0.48
0.46
0.51
0.53
0.64
0.72
0.43
0.54
0.49
0.50
0.53
0.56
0.62
0.48
0.44
0.37
0.32
0.56
0.37
0.33
0.44
0.38
0.74
0.66
0.56
0.55
0.62
0.39
0.57
0.27
0.24
0.25
0.66
0.24
0.65
1.17
0.93
1.08
1.06
0.70
0.68
1.00
0.91
0.40
0.77
1.00
0.69
0.28
0.54
0.91
0.92
0.67
0.41
0.71
0.98
0.91
0.66
0.56
0.86
1.00
0.90
0.64
0.61
0.69
0.92
1.01
0.90
0.87
0.80
0.97
1.02
0.88
0.40
0.42
0.46
0.45
0.47
0.41
0.40
0.40
0.32
0.39
0.45
0.46
0.45
0.47
0.48
0.49
0.40
0.35
0.41
0.43
0.45
0.45
0.44
0.45
0.48
0.55
0.34
0.37
0.42
0.42
0.44
0.44
0.44
0.44
0.44
0.45
0.36
0.42
0.42
0.30
0.32
0.36
0.37
0.32
0.30
0.36
0.26
0.47
0.43
0.34
0.31
0.33
0.34
0.28
0.23
0.35
0.25
0.53
0.49
0.52
0.36
0.38
0.31
0.26
0.21
0.33
0.57
0.53
0.51
0.39
0.35
0.28
0.61
0.58
0.35
0.32
0.29
0.25
0.64
0.53
0.42
0.32
0.27
0.54
0.49
0.38
0.24
0.60
0.53
0.45
0.34
0.46
0.26
0.22
0.29
0.33
0.35
0.34
0.27
0.21
0.23
0.29
0.25
0.31
0.33
0.32
0.27
0.22
0.21
0.30
0.35
0.39
0.29
0.28
0.25
0.28
0.26
0.27
0.37
0.28
0.30
0.35
0.29
0.29
0.28
0.27
0.37
0.40
0.26
0.33
0.56
0.52
0.43
0.39
0.33
0.28
0.24
0.23
0.30
0.23
0.34
0.33
0.68
0.62
0.69
0.62
0.42
0.39
0.32
0.26
0.25
0.21
0.33
0.22
0.35
0.29
0.30
0.70
0.69
0.79
0.77
0.65
0.45
0.37
0.29
0.30
0.33
0.42
0.34
0.35
0.28
0.60
0.75
0.82
0.84
0.65
0.56
0.31
0.31
0.29
0.37
0.37
0.33
0.27
0.83
0.90
0.90
0.74
0.32
0.32
0.36
0.30
0.26
0.95
0.96
0.82
0.31
0.35
0.26
0.21
0.86
0.30
0.23
0.33
0.28
0.29
0.31
0.31
0.40
0.33
0.33
0.34
0.29
0.26
0.21
0.32
0.30
0.26
0.22
0.24
0.21
0.21
0.21
0.43
0.45
0.23
0.66
0.45
0.39
0.25
0.23
0.27
0.44
0.51
0.46
0.30
0.28
0.51
0.48
0.41
0.25
0.29
0.46
0.39
0.22
0.25
0.45
0.44
0.46
0.27
0.31
0.30
0.51
0.47
0.23
0.22
0.43
0.26
0.38
0.21
0.35
0.32
0.34
0.45
0.45
0.45
0.45
0.38
0.27
0.34
0.30
0.36
0.32
0.32
0.32
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0.28
0.28
0.28
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0.23
0.23
0.23
0.58
0.53
0.52
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0.27
0.23
0.29
0.26
0.28
0.31
0.27
0.26
0.38
0.27
0.29
0.32
0.27
0.32
0.32
0.24
0.33
0.32
0.30
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0.35
0.25
0.29
0.22
0.24
0.32
0.31
0.27
0.27
0.36
0.36
0.35
0.40
0.26
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0.27
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0.2
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0.2
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0.2
0.2
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0.1
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0.1
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0.1
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0.6
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0.23 0.1
0.1
0.1
0.2
0.1
0.3
0.3
0.2
0.3
0.2
0.1
0.1
0.0
0.2
0.1
0.1
0.0
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.38
0.24
0.25
0.53
0.40
0.44
0.24
0.33
1.00
0.42
0.43
0.33
0.41
0.91
0.43
0.42
0.21
0.38
1.01
0.43
0.42
0.28
0.47
0.94
2.54
0.45
0.37
0.99
0.33
0.46
0.50
1.00
1.00
0.36
0.45
0.59
0.93
0.46
0.44
0.25
0.24
5.14
0.52
0.64
0.23
0.72
0.70
1800El
0.45
0.58
0.61
1.03
0.58
0.45
0.46
0.32
0.35
0.54
0.46
0.49
0.27
0.31
0.90
0.45
0.54
0.30
0.24
0.94
0.35
0.50
0.38
0.28
0.37
0.39
0.97
0.32
0.32
0.31
0.27
0.28
0.78
0.32
0.29
0.29
0.26
0.36
0.90
0.28
0.32
0.26
0.69
0.74
0.52
BX
0.28
1.58
0.41
0.77
0.27
0.31
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00.1
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ADB0.27
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0.6
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0.62
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0.62
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4.58
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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0.6
0.0
0.0
0.0
0.0
0.0
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1.94
0.0
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0.0
0.27
0.22
2.54
2.73
0.26
0.0
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0.22
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0.0.0
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0.0.0
0 .1
0 .2
0.43
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0 .1 0.52
0.63
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0 .2 0.64
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0 0.85
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0 .3
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P
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0.0
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3.64
4.15
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1.54
0.85
3.61
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1.33
0.87
3.04
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0.30
0.47
0.33
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0.47
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2.87
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0.0
0.0.0
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0 .7
1 .2
0.61 BX
2 .3
1 .4
1 .4 0.92
0.33 DP
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0.62
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B
0 2.51
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BXP 1.62
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BX 10.4 AD
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0.5.3
D
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A0.99
0 .1
1.40
0 .4
1
1.22
1.19
ADP 000.2.4.4
1.00
1.12
Fill
ADP
ADP
0.75
2.67
JBX
ADP
JBX
P
AD
BX
ADP
BX
FBX
ADP
0.0
0.0
0.0
AD
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.00.0
0.0
0.0
ADP 0.0
0.0
0.0
0.0
2.96
0.0
0.0
2.96
0.0
1.76
X
B
V
0.0
0.94
0.0
0.0
1.75
0.64
0.0
0.0
1.52
0.62
0.0
1.62 0.1
0.73
0.52
0.0
0.0
0.76 0.2
0.49
0.53
HBX
0.5
0.6
0.46
0.47
0.45 0.7
ADP 0.3
0.4
0.5
0.44
0.67
0.40 0.4
0.3
0.41
0.66
0.38 0.4
0.4
0.78
0.52
0.48
0.4
HBX 0.4
0.4
0.78
0.64
0.49
0.3
0.4
0.56
0.73
0.50
0.4
0.3
0.4
0.71
0.69
0.72
0.7
0.9
0.5
0.70
0.71
0.68
ADP 0.6
0.8
0.75
0.68
0.65
1.4
0.3
0.65
0.57
0.66
0.7
1.1
0.47
0.43
0.55
HBX 0.5
0.6
ADP 0.1
0.35
0.36
0.42
0.6
HBX 0.3
0.34ADP 0.3 0.28
0.31
0.2
0.1
0.30
0.28
0.26
X 0.1
0.4
B
H
0.1 0.26
0.25
P 0.2
0.1
0.24 AD
0.2
0.3
0.1
0.0
0.0
HBX 0.0
0.1
0.3
0.2
0.2
0.2
0.2
ADP 0.1
0.0
0.2
0.2
HBX 0.1
0.0
0.0
0.0
0.0
0.0
0.1
0.27
0.28
0.28
0.3
0.2
0.3
0.24
0.26
0.27
0.2
0.2
0.3
0.23
0.22
0.2
0.0
0.0
0.1
0.22
0.23
0.1
0.44
0.42 0.1
0.47
0.2
0.1
1.04 1.2
0.78
0.89
2.0
0.69
0.64 0.6
0.67
0.4
0.2
0.3
0.0
0.1
0.0
0.0
P
0.0
AD
0.0
0.2
0.1
0.53
0.46
0.50
0.3
0.8
0.6
1.05
1.07
0.88
2.2
1.1
1.06
1.27
1.30
1.8
0.3
1.9
1.01
1.19
1.23
2.4
0.9
0.79
0.88
0.92
0.3
0.4
0.49
0.41
0.43
0.2
0.1
0.2
0.31
0.23
0.25
0.1
0.1
0.22
0.2
0.0
0.0
0.0
0.1
0.1
0.2
0.1
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0.1 0.36
0.32
X
B
0.1
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0.1
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P
0.0
D
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HBX 0.0
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0.0
0.1
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0.0
0.1
0.1
0.2
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D
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0.1
0.0
0.0
0.0
0.1
0.1
0.1
0.1
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0.0
0.1
0.1
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.2
0.2
ADP 0.1
0.0
0.0
0.0
0.1
0.0
0.1
0.0
2.97
0.0
0.0
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BX 100.4.3
3.20
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0.9
4.0
2.6
3.12
3.28
4.6
2.33.76
2.76
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0.9
2.12
2.90
0.9
0.9
1.7
2.06
1.71
2.5
0.6
0.7
1.24
0.8 1.23
0.5
0
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0.97
0.81
1.1
1.0
0.5
0.88
0.70
0.1
0.1
0.1
0.82
0.55
0.2
0.5
0.2
0.46
0.40
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0.1
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0.33
0.39
0.2
A0.49
DP 000.3.4.1
0.33
0.9
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0.40
0.60 00.3
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0.66 00.2
BX0.78 11.3.8.9
0.60
3.1
0.7
0.8631.2
0.76
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0.0
0.0
0.0
0.75
0.0
0.0
0.5 0.43
0.39
0.0
0.0
0.0
ADP
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
ADP
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
0.1
0.5
0.6
0.3
0.0
0.0
0.0
0.0
C
0.0
0.0
0.0 0
0. .0
0 .0
0.0
0
0.0.0
0
0.0
ADP
BX
0.0
0.0
0.0
0.0
0.0
eam_sec198025
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
80
50
15
15
60
1560
15
90
534900N
163
0
535000N
60
15
70
15
535100N
535300N
1640
161
0
20
15
16
535000N
1630
1630
1630
15
70
1610
1630
535100N
30
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0.78
0.45
0.52
0.61
0.77
1.04
1.06
1.06
0.78
0.62
0.65
0.77
0.96
0.64
0.67
0.68
0.78
0.78
0.65
0.71
0.69
1.10
0.74
0.58
0.69
0.70
0.76
0.77
0.75
0.58
0.55
0.70
0.77
0.72
0.70
0.53
0.71
0.68
0.67
0.64
0.65
0.61
0.58
0.59
0.45
0.67
0.66
0.65
0.63
0.60
0.51
0.53
0.54
0.48
0.45
0.52
0.64
0.60
0.54
0.58
0.44
0.45
0.51
0.49
0.56
0.55
0.45
0.51
0.45
0.51
0.74
0.70
0.58
0.58
0.50
0.55
0.58
0.58
0.50
0.32
0.31
0.31
0.40
0.40
0.52
0.45
0.39
0.48
0.39
0.32
0.41
0.28
0.29
0.69
0.48
0.35
0.42
0.36
0.34
0.44
0.29
0.31
0.28
0.29
0.63
0.76
0.41
0.32
0.43
0.27
0.30
0.31
0.29
0.31
0.48
0.44
0.43
0.44
0.42
0.43
0.44
0.44
0.44
0.49
0.47
0.47
0.44
0.44
0.58
0.43
0.49
0.49
0.48
0.35
0.32
0.33
0.29
0.27
0.30
0.35
0.76
0.45
0.34
0.33
0.29
0.33
0.29
0.28
0.26
0.31
0.39
0.32
0.32
0.33
0.31
0.36
0.31
0.28
0.30
0.47
0.47
0.28
0.31
0.31
0.38
0.35
0.37
0.33
0.25
0.62
0.42
0.42
0.39
0.35
0.29
0.34
0.52
0.48
0.43
0.40
0.33
0.26
0.47
0.52
0.53
0.60
0.46
0.45
0.45
0.45
0.40
0.53
0.58
0.49
0.45
0.44
0.40
0.45
0.42
0.49
0.48
0.40
0.39
0.41
0.40
0.39
0.39
0.30
0.28
0.33
0.35
0.35
0.32
0.28
0.28
0.37
0.22
0.28
0.24
0.27
0.25
0.21
0.29
0.23
0.32
0.31
0.27
0.37
0.28
0.38
0.27
0.32
0.34
0.34
0.27
0.26
0.27
0.35
0.34
0.45
0.27
0.38
0.31
0.23
0.32
0.32
0.31
0.39
0.32
0.32
0.28
0.38
0.24
0.27
0.28
0.40
0.60
0.23
0.23
0.60
0.60
0.25
0.26
0.22
0.29
0.30
0.25
0.29
0.22
0.25
0.31
0.29
0.24
0.21
0.26
0.28
0.29
0.22
0.27
0.24
0.24
0.45
0.33
0.45
0.21
0.27
0.23
0.30
0.25
0.24
0.27
0.26
0.24
0.28
0.28
0.24
1700El
0.25
0.23
0.26
0.26
0.27
0.33
0.29
0.36
0.24
0.30
0.24
0.38
0.30
0.24
0.41
0.32
0.24
0.41
0.32
0.3
0.0
0.0
0.1
0.39
0.0
0.1
0.0
0.1
0.0
0.25
0.32
0.25
0.26
0.28
0.39
0.33
0.34
0.34
0.39
0.41
0.42
0.0
0.0
0.0
0.0
536400E
200
536300E
160
536200E
536100E
120
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
0.72
0.51
0.28
0.27
0.57
0.43
0.57
0.46
0.41
0.98
0.56
0.46
0.58
0.94
1800El
0.51
0.48
0.70
0.47
0.2
ADP
0.46
0.28
536000E
eam_sec198075
0.34
0.33
0.68
0.0
0.0
0.0
0.0
0.0
0.0
535900E
535800E
535700E
80
0.39
0.39
A
0.50
DP
0.0
0.0
0.0
Gold Estimate
g/t
40
1.04
0.81
0.0
0.26
0.39
1.03
0.0
DCP 00.1.0
ADP 0.0
0.1
0.2
H0.5
2.3
BX 0.1
2.5
0.3
0.27 0.2
0.2
0.1
0.2
0.5
0.60 0.3
0.2 0.38
0.7
0.4
0.5
0.6 0.3 0.30
AD0.3
0.39
P
0.1
0.3
0.3 0.1
0.30 0.6
0.4
0.2 0.1
0.1
0.3
0.3 0.1
0.1
0.3
0.3 0.1
0.2
0.2
0.20.1
0.1
0.3
0.1
FBX 0.1
0.2
0.2
0.4
0.3
0.0
0.2
0.1
0.1
0.0
0.0
00.1
.1
0.1
0.1
0.0
0.0
0.1
0.1
0.00.2
0.1
0.2
0.2
0.0 0.2
0.1
0.1
0.0
0.0 0.0
0.1
0.1
0.1
0.1
0.0 0.1
DAC 0.0
1.00
1.41
0.34
1.56
1.29
BX
0.56
1.18
1.00
0.48
0.62
0.91
1.04
0.43
0.60
0.81
0.82
0.21
0.99
0.78
0.81
0.74
00.6
0 .6
0 .5
0 .1
0 .1
0.2.1
0
0.29
0 .2
0 .1
0 .1
0 .3
0.36
0 .10.23
0.3.2
0.1 0.27
AD
P 00.10.1.3
0
0 .1
0.1.3
0
0 .1
0 .1
0 .1
0 .1
0 .2
0.2.1
0
0 .6
0 .2
0 .1
0 .1
0 .1
0.4.3
0
BX 00.8.1
0 .8
0 .7
0 .0
0.1.1
AD
P 0.0
0.68
1.01
0.76
0.24
0.55
0.55
0.78
0.51
1.03
0.69
0.77
0.80
0.99
1.01
0.89
0.72
0.72
0.61
0.37
0.87
0.54
0.49
0.58
0.71
0.96
0.52
0.54
Block Model
0.39
1.84
1.59
0.81
0.84
0.49
0.0 0
0. .0
0 .0
0
0.0 0
0. .0
0 .0
0 .0
0
0.0
D
0.0
0.0
MU
0.0
0.0
0.0
0.0
P
0.0
AD
0.0
0.0 0
0. .0
0
0.0
0.0
0.0 0
0.
HBX
0.30
0.48
0.81
0.39
0.57
0.33
0.37
0.39
VBX
0.66
0.68
1.02
0.41
0.40
HBX
0.97
0.97
1.07
0.35
0.30
0.34
0.37
0.77
0.90
0.30
0.22
0.40
0.28
0.52
0.48
DP
0.53
0.66
0.48
1700El
1.16
0.31
0.51
0. .2
0 .3
0 .2
0 .3
0 .3
0 .4
0 .1
0 .1
0 .6
0 .2
0 .8
0 .9
0 .1
1 .1
1 .6
0
0.800.2.7
0 .8
0
0.65 0.7.5
0 4
P 00. 0.3.5
0.94
D
A1.50
0.3.4
2 .7
2 .3
3 .8
1 .9
2.37
1
0.87
0.49
0.45
1.16
0.25
0.77
0.53
0.51
0.35
1.49
0.42
0.32
0.35
1.31
0.0
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.2
0.2
0.0
0.0
0.1
0.1
0.0
0.1
0.8
1.2
1.0
0.9
1.7
0.8
0.6
1.4
1.2
0.9
0.7
0.0
0.0
0.1
0.3
0.0
0.0
0.9
0.5
0.2
0.3
0.1
0.1
0.0
0.2
0.0
0.1
0.0
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.2
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.1
0.1
0.3
0.3
0.2
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.51
0.37
1.93
0.45
0.29
0.30
2.42
1.3
0.2
0.6
0.4
0.2
1.75
0.99
0.3
ADP 0.2
1.38
1.25
0.3
3.0
0.8
1.19
1.39
0.9
2.9
1.34
0.89
4.4
0.4
0.8
0.78
0.92
FBX 0.2
0.7
0.90
0.85
0.4
0.5
1.06
0.85
ADP 0.4
0.6
0.2
1.12
0.98
0.4
1.0
1.8
1.17
1.18
FBX 0.3
ADP 0.2
1.04
1.14
0.3
0.5
HBX
0.7
ADP
1.02
1.04
FBX 1.1
1.0
HBX
1.12
0.97
ADP 0.5
0.4
HBX 0.2
1.28
0.94
0.7
0.6
1.39
1.03
0.6
0.2
0.4
1.32
1.20
0.9
2.4
ADP
1.09
1.29
0.8
2.3
0.6
0.89
0.97
1.0
0.6
0.76
0.77
0.7
0.2
0.74
0.66
HBX 0.3
0.3
0.4
0.86
0.68
0.6
0.8
0.7
0.93
0.77
0.5
0.7
0 0.4
1.12
0.85
01.5..450.5
0
01.3..74 0.7
1.16
1.00
1
0.3
31..68.0 0.8
0
ADP
0 .8
1.29
1.04
1.7
00..44
0.6
00..77
0.8
1.10
1.37
30.2..89
1.7
4
1.0
01..81.3
1
1.03
0.3
BX
00.5.8.4
0.4
0.0.49
0.2
8
0
0.51
0.3
00. .2.5
00.33 HBX 0.6
0.67
1.9
01.7.5 0.68
1.0
00..9
0.6
0.54
00.6.3.67 0.58
0
0.9
00.5.5.5
0.4
0
0.51
0.55
0.5
00..5
0.5
00..44
0.9
0.52 000. .5.97
0.51
0.7
00.3.33
0.3
0.51111.2.5.7
0.51
0.2
0.2
00.9.5.4
0
0.2
.
0.52
00.1.06
0.1
0.2
0.0
0.1
0.2
0.2
0.2
0.28
0.26
0.3
0.7
0.1
0.31
0.27
0.1
0.2
0.30
0.27
0.6
0.2
0.1
0.30
0.24
0.1
0.1
0.28
0.22
0.2
0.2
0.1
0.3
0.3
0.30
0.21
0.0
0.33
0.0
0.41
0.26
0.8
0.5
0.6
0.53
0.45
ADP 0.6
0.5
0.49
0.2
0.0
0.2
0.2
0.2
0.2
0.1
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.0
0.1
0.0
0.0
0.57
0.44
0.38
1.56
0.0
0.54
0.32
0.40
2.21
0.52
0.77
0.33
3.46
0.57
0.26
0.31
0.38
2.15
0.52
0.27
0.34
0.40
0.40
0.28
0.41
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.1
0.3
0.2
0.3
0.3
0.4
0.4
0.2
0.3
0.5
0.5
0.5
0.3
0.5
0.6
0.4
0.4
0.4
0.5
0.28
0.40
4.84
0.00
0.37
1800El
4.58
0.0
0.0.1
0 .7
0 .8
0 .2
0
1.28
3.09
4.12
0.40
HBX
ADP
2.93
4.41
0.39
ADP
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.2
0.1
0.3
0.1
1.18
0.1
0.0
0.0
0.1
0.1
1.04
0.1
0.1
0.0
0.3
0.0 0.37
0.6
0.8
0.3
0.0
0.3
0.4 0.31
3.27
0.38
3.26
4.31
0.0
0.1
0.1
0.0
0.0
0.0
0.1
0.3
0.2
0.0
0.0
0.0
0.0
1900El
0.0
0.0
0.0
0.0
0.0
0.0
0.0
ADP 00.0.0
0.0
0
BX 0.0.0
AD
0
P
.0
AB
DX
P 0.0
B 1.72 10.9.3
1.07
3
ADPX
0.9.1
1.94 1.4
0.95
4
0.6.5
2.92
2.19
BX 21.4.1
4
2.70
4.02
1.3.5
Gou
2.4
3.61
ge 5.29
ADP
0.0
FBX
P
AD
0.0
0.1
0.0
0.0
0.3
0.2
0.1
0.0
0.0
0.0
0.87
0.0
0.54
0.0
0.0
0.0
0.0
0.0 0.0
BX
0.3
0.0
0.0
0.0
0.0
0.0
0.0P
AD
0.0
0.0
0.0
0.0
0.0
BX 0.0
0.0
0.0
0.0
0.0
0.0
0.0 P 0.0
AD
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
FBX 0.0
0.1
0.1
0.0
0.0
0.1 BX 0.0
0.0
0.1
0.0
0.0
0.1
0.0
0.1
0.0
0.92
ADP 0.6
0.1
X
BX
1.0FB
0.77
0.89
1.5
HBX 0.8
0.8
1.58
0.88
ADP 1.0
0.1
1.94
HBX 0.3 1.82
0.66
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.2
BX 0 000.3.0.0
.0 0.1
0.0 0.0
FB 0 00.0
A
0.62
CoD
rePLo X.0 00.0.0.0
FB0Xs.0s 0.0
0.0
B0X
.0
0.0
FB0.1X 00.0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1:
1000
MA
08-Jun-11
A1
1580
157
0
15
50
15
40
534900N
15
60
534900N
159
0
1600
198100E
15
50
535000N
535300N
1600
162
0
160
1570
60
15
90
158
1590
1600
1600
0
160
156
0
535200N
1590
30
40
15
15
15
1550
535000N
1560
535100N
157
15
80
1540
1570
1600
1580
1590
0
159
535400N
1580
1640
0
159
1590
1590
1590
1590
80
15
1580
1580
0
157
1560
535100N
535400N
535500N
1580
0
158
0
157
0
159
1630
1610
1600
1620
1580
155
0
158
1540
535600N
164
198100E
1570
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
.0
0.00 .0
SC
0
SL
ADP SL0.0 0.0 .0
0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0.0
0 .0
0 .0
0
0.0
0.0
0.0
0.0
0.0
0.0.0
0 .0
0 .0
0 .0
0
ADP
4.19
4.71
4.22
4.57
3.86
3.17
4.52
3.35
2.87
4.78
3.94
2.78
3.82
1.39
2.27
4.26
1.29
2.39
2.61
1.23
0.79
1.14
1.19
0.91
1.12
1.05
0.63
1.13
0.93
0.64
1.02
0.81
2.73
0.71
0.70
0.71
2.21
0.49
0.82
0.62
0.96
0.54
0.75
0.71
0.62
0.52
0.71
0.81
0.57
0.46
0.89
0.88
0.51
0.68
0.90
1.00
0.33
0.77
1.04
1.01
0.41
0.81
1.48
1.16
1.76
0.46
1.30
1.35
0.46
0.88
1.04
1.25
0.29
0.81
1.20
1.26
0.61
0.84
0.93
1.17
0.67
0.87
0.86
0.96
0.56
0.60
0.62
0.64
0.58
0.61
0.64
0.63
0.55
0.57
0.62
0.62
0.59
0.59
0.56
0.57
0.54
0.55
1800El
0.36
0.55
0.27
0.92
0.35
0.31
0.65
0.37
0.33
0.47
0.27
F
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0.50
0.28
0.30
0.26
0.29
0.28
0.27
0.25
0.30
0.28
0.25
0.31
0.32
1.15
0.73
0.38
0.29
0.44
0.91
0.91
0.38
0.61
0.28
0.53
0.71
0.31
0.55
0.96
0.91
0.65
0.68
0.74
1.02
0.66
0.64
0.47
0.50
0.50
0.50
0.48
0.38
0.52
0.48
0.50
0.51
0.33
0.49
0.45
0.49
0.47
0.48
0.53
0.46
0.49
0.50
0.48
0.34
0.51
0.54
0.57
0.49
0.32
0.47
0.56
0.52
0.38
0.46
0.54
0.38
0.44
0.39
0.34
0.31
0.35
0.29
0.71
0.55
0.24
0.40
0.56
0.75
0.48
0.32
0.39
0.44
0.50
0.34
0.39
0.39
0.39
0.35
0.28
0.38
0.36
0.29
0.30
0.31
0.24
0.32
0.27
0.27
0.32
0.35
0.51
0.28
0.32
0.24
0.24
0.21
0.23
0.51
0.31
0.31
0.51
0.27
0.31
0.31
0.52
0.58
0.39
0.31
0.55
0.28
0.56
0.23
0.25
1700El
0.45
0.45
0.39
0.45
00.0.1
00.1.5
0.5.0.48
0 1.0
00.52
0.47
0.2.0
0 .5
0 .5
0.48
0.51
0 .5
0 .8
0
8
0.38 0. 0
0.48
0.
0
.
0 0
0.38
0. .5
0 .6
0 .7
0 .1
1 .4
0 .0
0 .1
0 .1
0 .2
0 .4
0 .5
0 .6
0 .4
0 .1
0 .3
0.31
0 .1
0 .0
0 .1
0.30
0.36
0 .1
0 .1
0
0.32
0.380.3.0
0 .0
0
0.32
0.31 0.1
1800El
0.55
0.64
0.47
0.45
0.34
0.28
0.62
0.60
0.32
0.38
0.39
0.34
0.0
0.0.0
0 .0
0 .0
0 .0
0 .1
0 .1
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .1
0 .0
0 .0
0 .0
0 .0
0 .0
0 0
P 0.0.0
0.84
1.08
1900El
0.0
BX
0.22
1.20
.7
11.1
2.2
1.30
BX 40.0.8
1
1.50
1.3.7
1
0 .0
HB1.50
X 0.4.3.5
1.08 10.2
1.6
0.92 11.9
.9
1.7
0.652.9
1
1 .0
0.64
0 .3
0.6.9
1
0.57
0 .9
1 .7
0 .7
0 .8
0.5.4
BX 000.5.5
0 .1
0 .1
0.2.1
0.3
0
0 .8
0 .7
0 .2
0.1.2
0.1
0
0 .3
0.4.5
0.3
0.1
0.1
0.4
1.1
0.57
ADP
4.70
4.4
5.13
Core UBX 12.5.1
C
oreHL
1.3
LBooX
5.53
3.29
ssss 11.5.5
1.5
4.32
2.09
UB
X 101.7.9.1
3.29
1.39
1.3
0
.6
2.83
1.32 1.7
1.9
BX
.9
1.40
1.57 00.9
2.3
.6
1.39
1.74 11.7
4.9
.8
1.49
1.3900.6
1.3
1.1
1.30
UBX 1.06
0.6
0.7
2
.0
1.12
0.99
0.9
0.7
0.6
0.92
00.85
.7
1.0
10.70
.5
0.79
0
.5
ADP 00.5
.20.55
0.67
0
.1
UBX 00.0
.4 0.68
0.54
0.6
0.3
2.0
0.76
0.71
0.6
0.7
1.1 0.81
0.79
0.8
0.8
ADP 10.0.9 0.96
0.84
1.2
0.9
1.07
0.97
0.7
0.7
0.5
1.10
1.15
0.5
0.6
0.7
1.04
1.20
0.5
0.2
1.28
1.32
0.31
ADP
0.4
0.3
0.1
0.1
0.0
0.0
0.1
0.3
0.2
0.1
0.1
0.1
0.1
0.0
0.2
0.1
0.5
0.2
0.3
0.3
0.5
0.3
0.6
0.9
0.6
3.6
5.4
0.6
0.3
0.5
0.2
0.2
0.2
0.3
0.2
0.4
0.1
0.2
0.3
0.2
0.1
0.1
0.2
0.2
0.3
0.2
0.6
0.6
0.4
0.2
0.5
0.8
0.1
0.3
0.2
0.1
0.5
0.7
4.54
5.15
1.25
.0
00.0
0.0
0.1
0.2
0.0
0.1
0.0
FBX 00.0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
3.0
2.8
1.3
1.6
1.0
0.9
1.4
2.5
2.2
2.86
1.7
4.62
1.8
5.2
5.2
0.0.0
0 .0
0
4.81
5.25
1.43
0.0
4.83
BX
0.30
0.0
0.0
1900El
0.30
P
AD
0.94
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.21
0.25
0.25
0.21
0.23
0.26
0.25
1700El
0.24
0.26
0.23
0.23
0.32
0.23
0.32
0.34
0.29
0.36
0.24
0.34
0.25
0.28
0.21
0.34
0.24
0.22
0.22
0.24
0.33
0.35
0.25
0.27
0.33
0.36
0.38
0.40
0.0
0.0
l
Fil
0.0
0.0
0.0.0
0 0
0.
0.0 0
0. .0
0 .0
0 0
0.
0.0 0
0. .0
0 .0
0 .0
0 0
0.
0.0.0
0 .0
0 .0
0 .0
0 .0
0 .0
P
0 .0
0 .0
AD
0 .0
0 .0
0 0
0. 0
0.
0.0
0.0 0
0. .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
00.0
0.0
0.0
0.0
0.1
0.3
0.2
0.1
0.1
ADP
0.0
0.0
0.0
eam_sec198125
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
Gold Estimate
g/t
536300E
Block Model
536200E
0.0
0.0
536100E
536000E
535900E
535800E
535700E
0.0
0.0
1:
1000
MA
08-Jun-11
A1
534900N
535000N
15
20
535100N
535200N
15
10
152
30
1520
0
1530
535000N
535100N
153
1540
50
535400N
1580
15
15
70
1530
534900N
15
1560
535300N
535500N
535300N
70
15
1520
60
15
1560
1510
1520
40
1560
30
1530
157
535500N
0
156
1560
1510
1520
15
1550
1560
15
1560
1570
1590
1610
1600
50
1550
1550
1560
1550
1570
157
1580
1590
40
1550
1540
1540
0
155
15
16
20
15
1550
1550
160
161
16
20
60
15
1540
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
F
0.0
ADP
BX
1900El
0.0
0.0
0.0
1900El
0.0
0.94
1.04
0.88
ADP
1800El
0.7
2.0
0.3
0.2
0.3
0.3
0.2
0.3
0.0
0.0
0.0
2.87
5.21
3.86
4.34
4.64
3.50
3.65
3.26
5.81
0.52
0.47
0.29
0.74
0.65
0.60
0.55
BX
0.0
0.0
0.0
0.0
0.0
0.0
1.34
1.19
1.37
1.19
1.20
1.21
1.15
0.96
0.72
0.66
1.13
1.06
1.41
1.44
1.38
1.21
1.28
1.17
1.10
0.82
1.02
1.05
1.33
1.72
1.60
1.46
1.45
1.98
1.44
1.00
4.16
1.09
0.87
1.05
1.64
1.58
1.46
1.62
2.10
2.15
1.61
4.71
0.71
0.86
1.03
1.23
1.38
1.41
1.55
1.99
2.47
2.93
2.12
0.86
0.98
1.01
1.19
1.13
1.25
1.19
1.79
1.95
1.49
1.12
0.88
0.95
1.11
1.15
1.17
1.04
0.97
1.44
1.22
1.19
0.0
0.0
0.0
0.2
0.1
0.1
0.2
0.3 0.36
0.1
0.3
0.3
0.8 0.44
0.1
0.1 0.52
0.2
0.4
0.7
0.7 0.99
0.9
1.8 0.95
0.6
0.3
1.0
0.4 0.74
0.1
0.1 0.69
1.8
0.6
0.7
0.2 0.92
1.9
0.5 1.41
1.5
1.9
3.42.40
5.8
1.21.42
0.3
0.2
0.1
1.20
1.08
0.84
0.82
1.07
1.20
1.10
0.99
1.20
0.99
1.28
1.45
0.83
1.08
1.24
1.20
1.12
1.02
1.03
1.18
1.07
1.56
3.10
2.92
2.81
3.57
2.06
1.49
2.11
4.95
1.33
1.34
1.52
2.91
1.35
1.28
1.39
1.87
1.25
1.24
1.14
1.13
1.31
0.
1.58
1.
2.12
0.8
2.5
4.
2.48
1.
0.85
1.96
2.13
0.93
2.88
1.68
0.66
SC
SC
2.90
1.81
0.72
0.34
2.14
1.88
1.30
0.43
1.83
1.95
1.44
0.47
1.47
1.41
1.16
0.87
1.30
1.13
0.97
0.84
ADP
0.0
AD
0.44
0.68
0.66
0.44
1.15
0.78
1.25
0.79
0.91
1.16
0.88
0.91
0.61
0.81
1.08
1.06
0.96
0.64
0.87
1.09
1.18
1.37
0.71
0.94
1.16
1.26
1.47
1.50
0.91
0.48
0.88
1.50
1.71
1.20
1.08
0.68
0.85
1.18
1.59
1.67
1.21
1.16
1.19
0.79
0.69
1.09
1.37
1.88
1.03
1.00
1.06
0.91
0.83
0.72
0.95
1.24
1.63
0.74
1.10
1.00
1.02
0.99
0.95
1.16
1.12
1.32
1.20
1.08
1.08
0.89
0.82
1.07
1.50
1.50
1.24
1.08
1.14
1.00
1.07
1.20
1.36
1.50
1.45
1.35
1.19
0.87
0.84
0.84
0.89
1.32
1.20
1.52
1.19
1.26
1.28
1.25
1.31
1.47
1.45
1.34
1.30
1.27
1.04
0.68
0.70
0.86
BX
1.09
1.30
1.22
1.49
1.57
1.47
1.45
1.36
1.36
1.43
1.50
1.39
1.30
1.26
1.14
0.77
0.61
0.72
0.96
1.03
1.04
1.56
1.50
1.40
1.27
1.35
1.38
1.31
1.29
1.23
1.12
1.21
1.02
0.53
0.52
0.89
1.01
1.17
1.38
1.36
1.35
1.26
1.15
1.18
0.98
0.77
0.61
0.68
1.10
1.13
1.11
0.98
0.99
1.15
1.08
1.05
1.00
0.94
0.86
1.02
0.82
0.65
0.48
1.08
1.12
1.19
1.18
1.15
1.06
0.97
0.89
0.88
0.83
0.90
0.87
0.46
0.93
1.22
0.87
0.90
0.76
1.08
0.90
0.68
0.92
0.78
0.71
1.08
1.17
1.11
0.94
1.13
1.13
1.17
1.10
1.20
1.23
1.19
1.23
1.21
1.18
1.07
0.86
0.75
0.68
0.67
0.92
1.25
1.17
1.24
1.15
1.12
1.07
0.94
0.83
0.77
0.61
0.57
0.57
1.03
1.04
1.15
1.03
1.00
0.99
0.79
0.64
0.56
0.54
0.56
0.83
0.83
0.95
0.78
0.70
0.65
0.54
0.52
0.50
0.77
0.74
0.64
0.58
0.53
0.51
0.49
0.73
0.65
0.59
0.55
0.50
1.16
0.92
0.95
1.18
1.10
0.51
0.53
0.65
0.87
0.98
1.36
1.18
0.41
0.60
0.61
0.70
0.87
1.11
1.23
1.14
0.42
0.45
0.54
0.57
0.81
0.88
1.78
1.06
1.33
0.45
0.47
0.46
0.35
0.55
0.80
0.60
0.83
1.47
0.50
0.51
0.54
0.47
0.50
0.59
0.47
0.52
0.53
0.48
0.51
0.50
0.51
0.57
0.41
0.49
0.46
0.50
0.51
0.40
0.43
0.44
0.54
0.47
0.37
0.41
1.04
1.13
0.50
1.10
0.85
1.39
1.01
0.70
1.53
1.45
0.77
0.29
0.71
0.69
0.62
0.94
0.96
1.38
1.26
1.58
0.60
0.35
0.41
0.31
0.56
0.61
0.42
0.41
0.87
1.29
1.63
1.42
0.87
0.49
0.51
0.59
0.65
0.43
0.40
0.38
0.34
0.45
0.43
0.47
0.62
0.91
1.22
1.68
1.87
1.63
0.39
0.49
0.57
0.62
0.54
0.46
0.47
0.52
0.43
0.33
0.27
1.09
0.38
0.70
1.04
1.57
2.07
1.52
0.33
0.40
0.47
0.56
0.68
0.60
0.60
0.54
0.57
0.43
0.28
0.44
0.50
0.58
0.74
0.82
0.95
0.59
0.56
0.45
0.48
0.70
0.61
0.83
0.91
0.68
0.50
0.61
0.61
0.72
0.77
0.86
0.94
0.74
0.52
0.61
0.70
0.79
0.77
0.84
0.71
0.62
0.58
0.68
0.77
0.80
0.67
0.64
0.74
0.75
0.28
0.35
0.31
0.40
0.41
0.43
0.36
0.44
0.39
0.46
0.37
0.36
0.36
0.61
0.38
0.56
0.59
0.57
0.59
0.35
0.40
0.54
0.29
0.46
0.70
1.46
2.12
2.01
1.15
0.28
0.37
0.50
0.92
1.47
2.22
1.62
0.35
0.46
0.66
1.14
2.41
2.10
0.49
0.82
2.26
1.57
1.44
0.66
0.91
1.98
1.59
0.74
F
0.51
0.56
0.55
0.52
0.48
0.71
0.63
0.55
0.41
0.47
0.50
0.50
0.60
0.55
0.0
0.0
0.0
0.0
0.0
0.0
ADP 0.0
0.0
0.0
0.0
0.0
0.0
1.46
1.03
0.0
0.0
1.00
0.0
1.0
0.73
0.6
BX 00.1.1
0.0
0.0
0.1
0.3
0.1
0.1
0.0
0.1
0.6 0.46
0.49
0.3
0.6
0.43
0.20.42
P
0.1
AD
0.3
0.36
0.32
0.2
.2
00.30
0.33
0.2
0.3
0.2
0.35
0.29
0.2
0.6
0.32
0.34
0.3
0.2
0.32
0.2800.4
.2
0.2
0.34
0.26 0.1
X
B 0.28 00.2.2.3
0
0.1
0.1
0.2
0.1
0.1
0.0
0.85
0.91
0.94
1.13
0.90
0.94
0.75
1.04
0.92
0.98
0.60
0.59
0.69
1.19
1.19
0.60
0.72
0.97
0.64
0.53
1.74
1.27
1.64
0.50
0.75
1.27
0.89
0.88
1.09
1.25
0.53
1.33
0.62
0.58
0.75
0.53
0.70
0.79
0.77
0.69
0.56
0.54
0.38
0.67
0.64
0.80
0.87
0.74
0.60
0.53
0.56
0.51
0.47
0.48
0.58
0.72
0.76
0.74
0.93
0.85
0.78
0.49
0.53
0.34
0.46
0.51
0.67
0.75
0.89
0.76
0.88
0.73
0.43
0.46
0.82
0.42
0.47
0.59
0.72
0.72
0.83
0.90
0.71
0.49
0.50
0.67
0.71
0.73
0.79
0.79
0.66
0.69
0.72
0.83
0.86
0.80
0.39
0.40
0.42
0.25
0.25
0.25
0.47
0.50
0.64
0.68
0.77
0.84
0.78
0.39
0.48
0.40
0.44
0.44
0.21
0.23
0.42
0.56
0.63
0.73
0.79
0.81
0.34
0.38
0.31
0.38
0.43
0.44
0.47
0.57
0.59
0.67
0.76
0.79
0.26
0.32
0.30
0.30
0.26
0.33
0.45
0.51
0.61
0.71
0.77
0.25
0.25
0.22
0.30
0.33
0.40
0.56
0.63
0.66
0.70
0.25
0.22
0.31
0.38
0.47
0.56
0.62
0.30
0.36
0.41
0.51
0.55
0.33
0.44
0.39
0.29
0.38
0.35
0.53
0.40
0.58
0.44
0.38
0.35
0.33
0.40
0.39
0.36
0.34
0.31
0.43
0.41
0.43
0.41
0.38
0.30
0.45
0.42
0.47
0.45
0.39
0.38
0.34
0.30
0.48
0.47
0.44
0.50
0.47
0.39
0.39
0.39
0.36
0.28
0.40
0.37
0.31
0.28
0.34
0.25
0.35
0.24
0.51
0.49
0.48
0.45
0.50
0.50
0.38
0.66
0.65
0.55
0.51
0.58
0.49
0.52
0.54
0.52
0.48
0.70
0.69
0.53
0.59
0.49
0.59
0.43
0.44
0.47
0.40
0.48
0.49
0.50
0.48
0.41
0.44
0.42
0.51
0.38
0.47
0.50
0.44
0.43
0.46
0.43
0.52
0.47
0.48
0.40
0.41
0.44
0.46
0.45
0.45
0.46
0.56
0.46
0.45
0.45
0.45
0.48
0.47
0.50
0.43
0.46
0.46
0.49
0.49
0.48
0.50
0.26
1800El
0.68
1.01
1.13
0.54
0.43
0.43
0.45
0.34
0.44
0.44
0.44
0.31
0.36
0.41
0.42
0.43
0.31
0.32
0.38
0.41
0.42
0.28
0.28
0.29
0.32
0.43
0.43
0.42
0.45
0.26
0.28
0.30
0.31
0.33
0.41
0.42
0.45
0.51
0.29
0.29
0.28
0.29
0.32
0.32
0.43
0.44
0.45
0.29
0.30
0.33
0.44
0.47
0.31
0.34
0.38
0.29
0.30
0.0
0.0
0.0
0.0
0.0
0.0
BX 00.0.0
0.0
0.0
ADP 00.0.0
0.0
0.0
BX 00.1.0
0.0
0.0
ADP 0.1.0
0
0.90
X 0.0
B
0.63
0.73 .0
0
0.48
0.46 0.0
0.1
0.2
P
0.2
AD
0.2
0.1
0.47
0.36
0.30
0.34
0.44
0.32
0.29
0.35
0.38
0.40
0.25
0.34
0.28
0.27
0.36
0.37
0.22
0.24
0.24
0.29
0.39
0.26
0.27
0.31
0.36
0.34
0.30
0.27
0.25
0.26
0.32
0.37
0.31
0.31
0.30
0.35
0.50
0.32
0.50
0.31
0.31
0.57
0.54
0.32
0.23
0.36
0.31
0.27
0.23
0.27
0.71
0.98
0.66
0.53
0.43
0.63
0.69
0.58
0.39
0.78
0.95
1.10
0.52
0.30
0.83
1.01
0.87
0.51
0.30
0.86
0.78
0.49
0.30
0.87
0.97
0.83
ADP
0.74
0.66
0.97
1.09
0.91
0.46
0.37
1700El
0.45
0.25
0.63
0.38
0.41
0.38
0.35
0.22
0.27
0.36
0.41
0.45
0.39
0.44
0.39
0.39
0.35
1.13
0.57
0.49
0.37
1.37
0.60
00.4.8
0.63
0.5.4
0 .6
0 .5
0 .5
1 .0
DP 111.1.5
0.53
0.52 A
0.50
0.35
1.25
0.50
0.45
0.34
0.26
0.84
1.43
0.60
0.53
0.43
0.38
0.69
0.52
0.39
0.37
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.5
0.1
0.0
0.0
0.1
0.0
0.1
0.6
0.3
0.1
0.2
0.3
0.2
0.2
0.2
0.2
0.1
0.2
0.2
0.3
0.7
1.3
1.0
0.5
1.2
2.5
1.9
1.0
1.2
1.8
0.6
0.2
0.7
0.5
0.9
0.9
1.0
0.3
2.4
1.0
0.51
0.38
0.48
0.0
0.0
0.0
1.46
0.35
0.45
0.0
0.0
0.0
0.0
0.0
0.1
0.0
1.16
0.32
0.44
AD
P
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
BXP 0.0.0
0
AD
X
B
0.0
ADP
0.0
0.82
1.07
0.40
BX
0.0 0.0
0.0
0.0
0.0
0.0
0.0
0.
1 0
0 .4
1 .9 1.57
1 .2
0.7.2 1.68
1
1 .8
0 .1
1.25
0 .8
0 .9
0 .2
1.36
1.0.4
1.13
0.0
0.47
0.0
P
0.0
0.95
.2
00.5
0.7
A0.72
DP 00.7
.2
0.1
0.78 0.6
BX 000.8.7.3
HBX
0.97 0.4
0.2
BX1.29 00.2.1
AD
0
BXP0.8500.1.0.1
0.5
0.4
0.1
0.1
0.1
1.02
0.0
0.1
0.93
0.0
0.1
ADP 000.1.1.1
0.2
0.1
0.1
0.3
0.1
0.1
0.0
0.0
0.0
4.91
0 .4 1.43
41..27
14..46
3.11
1.95
11...47
DP
BX 125.1..635 A3.43
4.34
.82
4
3.76
2.86 22..73
11..41.0
1
.
2.40
2.16 54.04
11..86
1.99
1.66
00..9.71
1.63
1.40
2.46
0.95
5.11
4.62
0.62
4.54
1.14
0.77
3.11
0.0
0.53
2.95
0.0
0.57
SL
AD
0
0 .0
0.88 P
0.0.0
FB
X 000.0.0
.0
AD AD0P
.0 0.
1
.0
P B00. X
0.0
0.1
0.00
FB
0
.0
0.0
AD X A
1
00.0.D
P 00.1 P
0.0
BX 00. .0.0
5
1.61 A
DP 10.0.4.2 BX 0.0.54
14
0.5
1.05
ADP
0.57
0.21
0.23
0.22
1700El
0.21
0.25
0.26
0.21
0.27
0.33
0.26
0.35
0.23
0.28
0.29
0.27
0.27
0.26
0.34
0.24
0.33
0.24
0.52
0.25
0.33
0.22
0.23
0.31
0.28
0.26
0.22
0.21
0.22
0.26
0.26
0.29
0.30
0.30
0.33
0.35
0.29
0.32
0.35
0.29
eam_sec198175
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
535000N
149
0
535100N
1510
15
0
1500
534900N
535300N
535200N
10
156
198200E
150
535000N
1560
15
10
155
00
15
30
15
535100N
1530
1550
1550
535300N
1530
153
0
153
535400N
156
0
157
0
40
15
0
52
1500
1490
10
15
535600N
1520
30
1530
535500N
155
15
20
15
150
0
150
1520
1540
1590
1580
160
161
198200E
15
20
535400N
1530
15
40
535600N
535500N
60
15
14
90
1520
70
1530
15
1540
1540
150
15
80
90
40
15
1600
15
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
S
SC SLL 0
0.0 .00.00.0
SL
ADP 0.0 0.0
ADP 0
.0
0.0
ADP
0.1
BX
0.2
0.1
0.0
1.0
1.2
0.89
ADP 0.0
2.4
HBX 1.5
1.2
0.3
0.1
BX 0.0
0.3
0.1
0
ADP 0.1
ADP 0.0.0
0.1
0.0
FBX 0.0
BX 0.0
0.0
1.41
1.36
1.35
1.19
1.21
1.36
1800El
1.22
1.42
1.28
1.49
1.34
1.46
1.21
1.31
1.12
1.23
0.71
0.62
0.70
0.0
1.61
ADP 0.0
1.37
0.0
0.3
0.6
0.93
0.2
0.3
0.2
0.84
0.1
1.1
0.1
FBX 0.61
0.3
0.6
0.2
0.65
0.1
0.1
0.1
0.91
0.0
ADP 0.2
0.4
1.030.3
1.3
2.2
0.922.3
1.02
1.20
0.96
0.68
1.23
1.26
0.73
0.60
0.77
0.99
0.88
0.78
0.94
0.77
0.81
0.77
0.75
0.80
0.80
0.90
0.53
0.95
0.87
0.85
0.84
0.59
1.00
1.33
1.40
1.05
0.83
1.26
1.24
1.46
1.23
0.53
1.44
1.61
1.88
1.13
0.69
1.70
1.40
1.81
1.42
2.15
1.10
1.84
1.47
1.07
1.45
0.98
1.06
1.64
1.59
1.18
1.12
1.10
0.92
1.14
1.07
1.31
0.92
1.07
1.43
1.51
1.21
1.36
1.08
1.42
1.47
1.36
1.36
1.79
1.63
1.39
1.28
1.59
1.65
1.19
1.01
1.37
1.27
1.44
0.1
0.22.26
1.3
2.61.22
1.2
1.0
0.31.20
2.7
0.3
0.6
1.31.13
1.0
0.71.06
3.6
1.4
1.01.31
2.0
2.5
0.91.28
4.6
ADP 1.6
0.7
1.09
0.4
0.5
1.1
1.1
0.6
0.7
1.39
1.3
4.3
2.7
1.64
2.8
3.7
0.8
1.51
2.1
1.2
2.2
1.17
0.3
0.4
0.4
0.72
0.3
0.3
BX 0.5
0.3
0.52
0.3
0.1
0.2
0.40
0.3
ADP 0.1
0.3
0.44
0.4
0.75
1.61
1.43
1.42
1.43
1.59
1.41
1.53
1.55
1.49
1.53
1.47
1.41
1.24
1.40
1.20
1.14
0.89
1.13
0.95
0.83
0.64
1.04
0.90
0.76
0.55
0.99
0.84
0.72
0.59
0.0
0.0
0.8
0.1
0.0
0.0
0.23
0.23
0.27
0.29
0.28
0.35
0.37
0.46
0.49
0.44
0.60
0.41
0.63
0.52
0.45
0.30
0.25
0.28
0.23
0.22
0.30
0.22
0.21
0.27
0.23
0.26
1700El
0.22
0.22
0.27
0.23
0.82
0.83
0.80
0.73
0.69
1.07
1.22
0.67
0.69
1.09
1.17
0.63
0.61
1.02
0.86
0.52
0.82
1.34
1.05
0.52
0.67
0.94
0.76
0.53
0.78
1.29
0.80
0.43
0.64
0.98
0.94
0.71
0.50
0.87
1.19
0.69
0.64
0.64
0.99
1.10
1.40
1.02
0.89
0.69
0.60
0.86
0.94
1.57
1.25
1.37
0.61
0.63
0.76
1.03
1.26
1.28
0.67
0.64
1.02
0.95
0.87
0.77
0.83
0.53
0.49
0.52
0.64
0.92
0.35
0.36
0.38
0.38
0.74
0.46
0.62
0.80
0.43
0.67
0.67
0.70
0.63
0.57
0.77
0.76
0.81
0.70
0.57
0.55
0.65
0.71
0.82
0.81
0.90
0.84
0.70
0.61
0.47
0.59
0.79
0.89
0.80
0.89
1.02
0.92
0.91
0.74
0.52
0.68
0.79
1.07
0.84
0.75
0.72
1.00
1.16
1.07
1.03
0.90
0.59
0.64
0.71
1.06
0.79
0.81
1.13
1.08
1.05
0.90
0.78
0.71
0.70
0.52
0.91
2.22
0.94
0.90
0.59
0.70
0.90
1.19
1.04
0.97
0.69
1.17
1.17
1.01
0.98
0.60
1.23
1.13
0.75
1.22
1.01
1.05
1.11
1.16
0.96
1.18
0.57
0.57
0.74
0.52
0.62
0.44
0.52
1.25
1.71
1.70
0.58
0.42
0.48
0.61
0.42
0.40
0.51
0.51
0.38
0.39
0.36
0.30
0.34
0.34
0.42
0.37
0.30
0.28
0.27
0.41
0.35
0.28
0.26
0.25
0.40
0.35
0.28
0.24
0.32
0.39
0.34
0.32
0.23
0.35
0.37
0.35
0.26
0.24
0.27
0.31
0.46
0.49
0.64
0.79
1.29
0.99
0.31
0.30
0.24
0.23
0.27
0.49
0.65
0.75
0.77
1.47
0.53
0.30
0.31
0.27
0.49
0.56
0.88
1.38
1.71
0.46
0.44
0.32
0.96
0.89
1.84
0.50
0.52
0.89
1.09
1.78
0.51
0.36
0.93
0.90
1.70
1.83
0.49
1.25
0.77
1.68
0.42
0.56
1.04
0.66
1.28
0.46
1.12
0.85
0.60
1.20
0.43
0.61
0.74
0.78
0.93
0.53
0.49
0.52
0.57
0.66
0.62
0.87
0.57
0.46
0.44
0.48
0.48
0.50
0.75
0.52
0.81
0.42
0.60
0.74
0.28
0.33
0.26
0.43
0.36
0.31
0.39
0.34
0.39
0.54
0.62
0.49
0.39
0.40
0.28
0.57
0.54
0.62
0.60
0.60
0.60
0.50
0.30
0.26
0.32
0.35
0.63
0.68
0.65
0.57
0.65
0.65
0.30
0.25
0.38
0.42
0.50
0.64
0.66
0.66
0.44
0.25
0.22
0.47
0.40
0.41
0.47
0.66
0.67
1.85
0.31
0.30
0.40
0.47
0.35
0.45
0.41
0.68
0.72
0.42
0.66
0.56
0.45
0.42
0.47
0.40
0.41
0.48
0.51
0.76
0.72
0.65
0.60
0.62
0.52
0.49
0.28
0.39
0.47
0.50
0.51
0.56
0.72
0.75
0.68
0.75
0.58
0.57
0.44
0.48
0.42
0.33
0.48
0.41
0.50
0.59
0.60
0.75
0.86
0.76
0.62
0.38
0.49
0.50
0.47
0.42
0.82
0.28
0.38
0.49
0.40
0.37
0.41
0.42
0.47
0.44
0.33
0.40
0.37
0.39
0.40
0.31
0.31
0.29
0.36
0.36
0.29
0.25
0.85
0.75
0.23
0.31
0.35
0.30
0.34
0.51
0.94
0.44
0.46
0.47
0.57
0.57
0.62
0.56
0.55
0.46
0.56
0.44
0.46
0.46
0.46
0.57
0.66
0.68
0.64
0.65
0.53
0.60
0.58
0.42
0.52
0.45
0.45
0.45
0.47
0.69
0.68
0.68
0.46
0.50
0.51
0.54
0.51
0.41
0.43
0.46
0.48
0.50
0.45
0.44
0.71
0.70
0.46
0.38
0.45
0.47
0.54
0.45
0.42
0.44
0.38
0.46
0.50
0.52
0.44
0.46
0.56
0.57
0.39
0.36
0.37
0.51
0.53
0.51
0.47
0.43
0.47
0.47
0.47
0.53
0.49
0.49
0.43
0.23
0.30
0.35
0.38
0.49
0.51
0.51
0.45
0.44
0.48
0.56
0.55
0.48
0.46
0.51
0.43
0.26
0.26
0.32
0.44
0.42
0.47
0.44
0.49
0.44
0.38
0.35
0.32
0.33
0.31
0.40
0.51
0.49
0.47
0.50
0.50
0.50
0.34
0.33
0.46
0.42
0.49
0.54
0.49
0.51
0.59
0.51
0.52
0.53
0.78
0.63
0.60
0.77
0.55
0.79
0.54
0.55
0.66
0.77
0.69
0.30
0.67
0.53
0.31
0.65
0.52
0.90
1.30
0.92
0.77
0.62
0.29
0.26
0.23
0.24
0.41
0.25
0.26
0.24
0.35
0.55
0.29
0.30
0.26
0.26
0.23
0.30
0.31
0.24
0.23
0.30
0.30
0.28
0.26
0.32
0.29
0.23
0.24
0.21
0.26
0.23
0.24
0.22
0.46
0.46
0.35
0.57
0.28
0.72
0.38
0.35
0.26
0.40
0.57
0.39
0.34
0.24
0.38
0.56
0.38
0.23
0.27
0.38
0.53
0.34
0.24
0.59
0.34
0.56
0.38
1.04
0.35
0.46
0.38
1.41
0.34
0.46
0.39
0.93
0.84
0.51
0.33
0.73
0.42
0.33
0.40
0.69
0.39
0.49
0.35
0.66
0.37
0.39
0.84
0.38
0.37
0.33
1.10
0.76
0.50
0.35
0.38
1.09
0.84
0.76
0.53
0.33
0.45
1.14
0.84
0.47
0.35
0.42
0.78
0.73
0.44
0.36
0.24
1800El
0.67
0.67
0.56
0.27
1.17
0.45
1.00
0.24
0.29
1.07
0.64
0.70
0.30
0.0
ADP 0.6300.3
.1
0.41
0.56
1.0
0.4
0.23
0.25
0.1
0.1
0.48
0.23
0.1
00.77
.7
0.41
0.6
0.67
0.81.03
1.7
0.9 1.01
0.77
0.8
0.6
1.0
0.88
0.89
1.6
1
.1 0.64
0.71
0.1
0.5
0.50 BX
0.8
0.3
0.3
0.2
0.3
0.7
0.1
0.1
0.2
0.1
0.2
0
ADP 0.1.1
0.1
0.31
0.1
0.310.1
0.31
0.4
0.1
0.29
0.30
0.1
0.3
0.27
0.31
BX 00.5.2
0.27
0.1
0.20.21
0.23
0.2
0.3
0.28
0.1 0.26
0.2
0.5
0.56
0.47
0.28
1.25
1.33
0.56
1700El
0.24
0.24
0.25
0.22
0.21
0.23
0.24
0.22
0.22
0.23
0.23
0.42
0.40
0.41
0.34
0.33
0.36
0.21
1.30
1.19
0.23
1.28
1.33
0.64
0.29
1.54
0.0
0.0
0.2
0.1
0.47 0.0
0.0
0.55 0.3
0.4
0.8
0.7
0.88 0.6
1.3
2.1
0.3
1.03 1.0
0.7
0.2
0.1
1.01 0.0
0.0
0.0
1.44 0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.4
0.3
0.4
1.0
2.4
0.8
0.4
0.0
0.0
1.13
0.47
BX 0.0
ADP 00.0
.0
BX 00.1
ADP 0.9.4
0.2
BX 0.3
0.2
0.3
0.0
0.0
0.0
ADP
0.48
1.34
1.17
0.80
3.16
1.5
1.4
0.9
1.7 2.20
2.6
1.79
2.17
3.1
2.0
1.96
HBX 13.8.1 1.53
1.5
1.2
1.56
1.97
0.7
1
1.66
0.96
1.7.7
1.3
0.8
1.16
0.72
0.5
0.5
2.04
1.05 0.8
0.99
1.7
.3
1.01
1.96
1.03 11.3
0.3
5
1.46
0.99
BX1.2213.0.1.6
1.50
1.09
1.660.6
0.9
1.4
1.76
1.12
1.49
1.3
0.7
1.1
1.61
1.36
1.32
1.0
0.8
H
BX 11.47
1.66
1.56
.4
1.5
1
.5
1.63
1.27
1.41.34
1.0
0.6
1.07
1.28
1.03
0.4
0.4
1.08
1.19
1.25
0.9
0.8
3.8 2.12
1.37
1.47
2.6
1.1
3.2
2.18
1.46
1.55
2
1 .1
1.69
0.89
0.94
0 .1
0 .6
BX 00.3.3.5
1.09
0.7
2.3
1.32
1.34
1.33
1.1
2.9
1.51
1.53
1.60
2.5
2.5
0
.8
1.48
1.44 1.1
1.44
1.0
1.35
1.29 10.2
1.24
.1
1.5
1.14
1.34 3.4
1.26
0.9
1.21
1.220.1
1.18
0.0
1.07
0.87
0.38
0.35
0.27
0.31
0.33
0.23
0.29
0.31
0.28
0.29
0.31
0.25
0.25
0.31
0.28
0.23
0.31
0.25
0.25
0.31
0.28
0.29
0.29
00.0.0 1
0. .1
0 .1
0 .4
0 .6
0 .2
0 .2
0 3
0.30 0.0.31
0.28
0. .1
0 .1
0.29
0 .0
0 .1
0 .1
0 .0
0 .0
0 .1
0 .0
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .0
0 .1
0 .1
0 .1
0 0.1
0.0.0
0 .1
0 .1
0 .1
0 .1
0 .0
0 .1
0 .1
0 .0
0 .0
0 .0
0 .1
0 .1
0 .1
0 .2
0 .2
0 .0
0 .0
0 .0
0 .0
0 0.0
0.1.1
0 .0
0 .1
0
eam_sec198225
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
14
1500
80
80
90
14
14
1480
1480
80
90
534900N
1470
535000N
0
147
14
14
534900N
1480
14
90
1530
1530
535100N
535200N
535200N
535400N
535300N
1510
0
152
1530
535500N
535600N
1580
151
30
1590
1580
150
0
1520
1520
20
15
15
1590
535300N
535400N
15
30
15
40
1560
535600N
535500N
1570
1550
10
1580
0
147
15
1480
1520
1510
1580
00
15
1510
20
157
1510
151
15
1570
90
14
90
0
150
0
157
14
1490
1570
1500
156
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
1900El
1900El
2000El
1.00
0.88
1.00
0.78
0.96
0.59
0.41
0.87
0.98
0.72
0.33
0.60
0.96
1.01
0.90
0.42
0.58
0.99
0.97
1.37
.1
0.01 0
.
0.0 0.01.1 .4
0.0 0 01
0.0
0. 0.3
00.3
0.1 0.0
.0
0.8
0.1
0.1
0.0 0.0
0.1
0.2
0.20.3
0.0 0.3 4
0.4
.
0.0
0.67
0.6
0.0002.9.3
0. 0 0.1
0.3 0.0
0.54
0.0
0.0
.1 0.0
ADP 10.58
0.0
0.4 0.0
0.0
0.0
0.0.3
0.0
0 .4
0 .1
0 .0
0.0
0.2
0
0.0
0.57
0.0
0.0
0.1.1
0 .1
0.0
0.2
0 .4
0.29
0.0
0 .1
0 .4
HBX 0.6
0 .8
1 .8
1.1
0 0.6
0.6.4
0 .4
0 .2
0 .1
0.61
0.54
0 .0
0
0.70
1.03
0.89
SC
ADP
FBX
ADP
1.21
0.95
0.89
1.33
2.05
1.03
0.68
1800El
1.11
1.11
1.18
1.13
1.15
0.97
1.04
1.30
1.32
1.60
1.20
1.27
1.04
0.63
0.92
0.61
0.93
0.76
0.96
1.16
1.30
1.15
0.93
1.07
0.96
0.91
1.11
1.10
0.96
0.61
0.83
1.31
0.98
1.16
0.86
0.74
0.88
0.81
0.46
1.40
1.47
1.14
1.14
0.83
0.79
0.92
0.85
1.96
1.70
1.18
1.13
0.71
0.71
0.85
0.90
0.38
2.40
1.25
1.03
0.79
0.59
0.59
0.67
0.84
0.75
1.60
1.41
0.97
0.69
0.59
0.61
0.71
0.69
0.84
1.19
1.32
1.08
0.76
0.66
0.84
0.96
0.76
0.80
0.35
2.04
1.42
0.96
0.78
0.62
0.90
1.14
1.41
0.78
0.74
2.16
0.86
1.11
0.84
0.63
1.17
1.35
1.25
0.61
0.69
0.0
0.1.0
0 .0
0
1.40
0.0
0.63
0.0
0.0
0.0 .0
0.84
0 .2
0 .2
0 .1
0.75
0.82
0 .2
0 .8
0.77 00.21
0.59
0. .3
0
1
0.45
0.43
0. .1
0 .1
0 .3
0.39
0 .1 0.38
0 .1
0 .5
1.02
0 .2 0.49
0 .7
0 .1
0 .1
0 .2
0
0.95
0.88
0.70
1.05
0.54
0.95
0.42
0.76
1.01
0.65
0.50
0.92
1.01
0.98
1.13
1.05
0.95
0.87
0.87
0.87
1.12
1.09
1.00
0.99
0.99
0.96
0.88
1.02
1.01
0.95
0.92
0.78
0.76
0.91
0.85
1.31
1.33
1.15
0.84
0.67
0.68
0.76
0.85
0.82
1.60
1.53
1.41
1.09
0.82
0.64
0.60
0.72
0.78
1.32
1.30
1.16
1.19
0.91
0.79
0.61
0.59
0.61
1.03
0.84
0.73
0.61
0.53
0.50
0.81
0.52
0.53
0.67
0.46
0.52
0.79
0.46
0.58
0.45
0.47
0.77
0.47
0.48
0.75
0.36
0.39
0.45
0.31
0.92
0.95
1.64
0.70
1.34
1.32
0.86
1.61
1.49
1.14
0.74
0.30
0.61
1.26
1.71
1.59
1.33
0.95
0.59
0.50
0.55
0.30
0.78
1.47
1.60
1.46
1.24
0.99
0.76
0.55
0.56
0.47
0.27
1.01
1.40
1.06
1.12
1.18
0.95
0.71
0.63
0.63
0.41
0.29
1.01
0.92
1.06
0.93
0.70
0.62
0.53
0.35
0.48
0.48
0.72
0.95
0.75
0.61
0.56
0.41
0.55
0.89
0.67
0.56
0.54
0.45
0.52
0.78
0.61
0.52
0.49
0.44
0.72
0.58
0.55
0.46
0.58
0.52
0.53
0.44
0.59
0.55
0.46
0.56
0.56
0.39
0.54
0.57
0.53
0.58
0.45
0.70
0.35
0.55
0.49
1.23
1.05
0.53
0.57
0.55
1.38
0.42
0.58
0.39
0.53
0.33
0.31
0.39
0.37
0.33
0.33
0.37
0.38
0.32
0.33
0.36
0.42
0.37
0.32
0.35
0.39
0.35
0.38
0.45
0.44
0.29
0.36
0.46
0.58
0.39
0.29
0.35
0.37
0.43
0.37
0.35
0.38
0.29
0.33
0.38
0.44
0.36
0.35
0.32
0.40
0.35
0.32
0.48
0.34
0.39
0.34
0.47
0.31
0.37
0.40
0.36
0.36
0.38
0.40
0.34
0.26
0.37
0.33
0.36
0.40
0.41
0.40
0.47
0.37
0.43
0.38
0.40
0.40
0.41
0.42
0.60
0.55
0.43
0.51
0.54
0.56
0.50
0.44
0.50
0.55
0.48
0.53
0.71
0.59
0.65
0.41
0.52
0.56
0.60
0.55
0.51
0.50
0.50
0.34
0.56
0.66
0.68
0.61
0.59
0.50
0.56
0.59
0.56
0.39
0.50
0.49
0.27
0.32
0.59
0.82
0.79
0.74
0.55
0.53
0.41
0.59
0.63
0.46
0.26
0.38
0.25
0.40
0.41
0.53
0.63
0.64
0.60
0.53
0.38
0.45
0.48
0.52
0.22
0.43
0.36
0.47
0.58
0.62
0.59
0.54
0.52
0.37
0.44
0.51
0.42
0.28
0.30
0.56
0.59
0.69
0.62
0.59
0.53
0.49
0.47
0.51
0.44
0.26
0.35
0.34
0.38
0.27
0.21
0.27
0.31
0.28
0.27
0.27
0.36
0.59
0.67
0.65
0.64
0.59
0.52
0.49
0.45
0.47
0.43
0.26
0.34
0.27
0.27
0.27
0.29
0.33
0.57
0.58
0.68
0.74
0.62
0.55
0.50
0.38
0.44
0.43
0.42
0.42
0.27
0.24
0.25
0.26
0.30
0.30
0.32
0.51
0.58
0.61
0.69
0.73
0.61
0.53
0.41
0.36
0.45
0.45
0.45
0.43
0.25
0.25
0.26
0.28
0.31
0.32
0.35
0.43
0.56
0.59
0.64
0.74
0.66
0.58
0.45
0.36
0.34
0.42
0.42
0.45
0.28
0.27
0.29
0.30
0.42
0.52
0.58
0.63
0.71
0.73
0.53
0.40
0.36
0.37
0.33
0.40
0.28
0.74
0.57
0.49
0.41
0.38
0.37
0.21
0.22
1.35
0.78
1.70
0.59
0.91
0.61
0.0 .2
0.77
0.52
0.50
0 .2
0 .2
0 .2
0 .1 0.43
0.37
0.35
0.48
0 .0
0 .0
0 0.31
0
.
0.35
0.29
0.27
0 0.7
8
.
0 .2
0.36
0.32
0.31
0.24
0 .2
0
0.48 0.0
0.38
0.36
0.30
0.37
0.0 0
0.35
0.36
0.26
0. .0
0 .0
0.36
0.25
0.27
0 .0
0 .0
0 .1
0.35
0.26
0.27
0 .0
0 .1
0 .1
0.34
0.26
0 .1
0 .1
0 .2
0 .3
0.31
0 .5
0 .5
0 .6
0 .8
0 .7
0 .3
0.31
0 .6
0 .5
0 .5
0.44
1.02
1 .5
4 .9
1 .7
2 .5 0.66
1.57
2.07
5 .2
0 .1
0 .22.26
0.63
1.57
2.19
0 .2
0 .3
0 .1
0.38
1.23
1.65
1.73
0 .1
0 .8
0 .4
0 .4
0.91
0.59
0.32
0.65
0 .4
0 .2
0.46
0.39
0.31
1.31
0 .6
0 .3
0
1
.
0.36
0.46
0.33
0.29
1.28
0 .4
0 .3
0 .3
0.37
0.31
0.28
1.06
0 .3 0.26
0 .2
0 .0
0.32
0.28
1.26
0 0.22
0.0 .1
0.33
0.69
0 .2
0 0.1
1
.
0.30
0 .1
0 .1
0 .3
0 .1
0 .1
0 .1
0 .3
0 .2
0 .5
0 .2
0.43
0 .3
0 .0
0 .10.33
0.35
0.44
0.41
0.38
0 .1
0 .1
0.41
0.38
0.36
0.32
0.32
0.27
0 .2
0 .1
0 .1
0 .0
0.21
0.21
0.28
0 .1
0 .1
0 .5
0.29
0 .1
0 .1
0 .1
0 .4
0 .1
0 .1
0 .1
0 .2
0 .2
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
00.1
0.1.0
0 .2
0 .1
0 .1
0 .0
0 .0
0 .0
0 .0
0 .1
0 .0
0 .0
0 .0
0 .0
0 .0
0 .1
0
0.0
0.33
0.33
0.45
0.45
0.47
0.50
0.32
0.32
0.46
0.46
0.47
0.53
0.53
0.57
0.31
0.31
0.47
0.49
0.56
0.57
0.56
0.61
0.55
0.57
0.31
0.46
0.51
0.61
0.62
0.41
0.44
0.46
0.58
0.60
0.49
0.52
0.53
0.33
0.34
0.41
0.43
0.45
0.49
0.51
0.57
0.53
0.45
0.26
0.25
0.32
0.39
0.45
0.43
0.52
0.47
0.49
0.53
0.61
0.26
0.26
0.29
0.39
0.42
0.48
0.48
0.49
0.53
0.53
0.53
0.54
0.52
0.47
0.37
0.42
0.47
0.49
0.53
0.55
0.55
0.53
0.50
0.49
0.51
0.54
0.34
0.60
0.46
0.70
0.57
0.57
0.57
0.58
0.53
0.50
0.53
0.49
0.50
0.50
0.54
0.56
0.61
0.61
0.70
0.74
0.61
0.60
0.55
0.52
0.51
0.41
0.49
0.49
0.24
0.28
0.30
0.34
0.61
0.64
0.72
0.76
0.56
0.55
0.49
0.51
0.46
0.58
0.26
0.29
0.32
0.36
0.39
0.62
0.65
0.69
0.62
0.63
0.74
0.65
0.48
0.46
0.49
0.27
0.30
0.33
0.76
0.87
0.72
0.65
0.66
0.40
0.49
0.83
0.73
0.64
0.67
0.54
0.60
0.65
0.48
0.49
0.72
0.53
0.47
0.72
0.49
0.48
0.67
0.47
0.47
0.55
0.45
0.64
0.51
0.46
0.53
0.56
0.44
0.42
0.45
0.44
0.50
0.47
0.40
0.41
0.38
0.41
0.32
0.38
0.35
0.49
0.31
0.27
0.26
0.26
0.30
0.31
0.31
1700El
0.68
0.0
0.0
0.0
0.0
0.73
0.63
1800El
0.80
0.0
0.0
0.0
0.0
0.0
0.0
1.04
0.26
0.22
0.70
0.70
0.49
0.34
0.21
0.0
0.0
0.0
0.0
0.0
1.042.3
1.0 0.2
0.0
ADP0.750.3
1.4
0.1
HBX 0.2
0.0
1.1 0.0
FBX
0.57 0.6
0.0
0.2
0.1 0.1
ADP0.51 0.5
0.3 0.3
2.0
0.73 2.0
0.3
4.1
0.92 2.4
2.2
1.2
X 1.2
HB0.82
2.2
3.9
2.2
1.40 0.8
1.2
BX 0.8
1.75 5.4
HBX 0.8
0.4
2.51 0.7
0.3
0.0
0.2
1.76
0.4
0.3
0.5
0.77
1.8
0.4
1.1
2.16P 3.2
AD
0.5
2.36
1.1
0.3
0.2
0.46
0.1
0.2
0.1
1.09
BX 0.6
2.5
0.9
1.19
1.7
1.0
1.3
0.9
1.15
1.2
1.0
1.00
1.2
ADP 1.3
0.4
0.2
1.30
0.8
2.1
1.1
1.3
1.72
2.2
1.34 BX 1.0
0.8
1.1
P
AD 0.3
0.76
0.24
0.30
1.19
0.28
0.95
1.08
0.45
0.32
0.24
0.24
0.42
0.27
0.29
0.28
0.28
0.27
0.69
1700El
0.28
0.28
0.27
0.26
0.28
0.26
0.1
0.0
0.0 .0
0 .1
0 .3
0 .2
0 .10
00.
0.21
0.28
0.34
0.27
0.29
0.29
0.29
0.28
0.28
0.24
0.23
0.25
0.29
0.29
0.30
0.27
0.34
eam_sec198275
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
0
146
70
534900N
1470
1460
14
70
198300E
535000N
1460 535100N
1470
60
0
146
1460
1470
1500
1480
1510
1500
14
14
50
14
1500
535300N
1490
00
15
1490
1490
1500
1480
1480
90
14
0
148
535400N
1550
1490
90
1490
1490
1500
1530
1510
1550
1540
535500N
535600N
1550
0
148
1520
60
15
1550
14
1500
198300E
1510
535500N
535600N
50
1540
1480
1460
30
1530
40
15
15
1570
1540
1540
15
1560
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
0.0.0
0 .1
0 .1
0 .1
0 .0
0 .0
0
0.0
0.0
0.0
0.0
0.0
0.0
0.1 4
0. .8
0 .6
0 .6
0 .5
0 .4
0 .0
0
0.0
0.0
HBX
1800El
1.10
0.62
0.58
F
0.36
0.43
0.48
0.50
0.61
0.55
0.53
0.52
0.52
0.49
0.44
0.58
0.53
0.65
0.51
0.50
0.43
0.61
0.44
0.49
0.56
0.51
0.66
0.34
0.40
0.65
0.52
0.21
0.31
0.47
0.49
0.1
0.1
0.8
0.8
FBX 1.2
0.3
0.6
1.2
0.9
0.3
1.5
1.0
1.5
0.98
0.5
2.0
0.92
4.4
1.3
1.15
0.7
2.00
0.3
0.2
1.13
0.71
0.4
0.1
0.1
0.2
0.6
BX 0.4
1.7
0.89
0.87
2.7
0.7
0.4
1.03
1.15
0.1
0.1
0.1
0.65
0.71
0.3
1.0
0.48
0.60
0.2
0.3
0.5
0.56
0.62
0.5
0.3
0.2 0.3
0.70
0.55
0.1
P0.3 0.1
AD
0.4
0.4
BX0.1
0.3 1.6 0.58
0.2 1.5
1.1
0.2
0.39
FBX 0.1 1.4
2.2
0.2 1.3
0.43
0.2 0.7
1.6
2.9
P
0.2
2.5 0.46
BXAD0.1
0.5 0.6
1.3
0.1 0.72
0.2
0.1
0.1
0.54
0.35
0.1
0.9
0.0
0.3
ADP BX
0.5
0.1
1.1
0.3
0.2
0.1
0.1P 0.5
0.1
AD
0.3
0.2
0.2
0.28
0.3
0.5
0.3
0.5
0.10.25
0.34
BX 0.2
0.3
AD
0.1 P 0.3
0.3
BX
0.0
0.50.25
0.36
0.7 P 0.4
AD
0.3
0.1
BX 0.4
0.3
0.53
0.26
0.8 P 0.8
0.5
AD
0.9
0.1
0.30
0.61
0.6
0.8BX 0.3
0.1
0.6
0.64
0.34
0.2
1.0
0.4
0.2
0.7
0.37
0.57
0.8
ADP 0.4
0.5
0.3
0.63
0.51
2.4
0.1
1.3
0.2
1.6
0.1
1.06
0.70
0.2
0.7
0.6
1.04
1.09
BX 3.5
0.3
1.13
0.74
1.7
0.2
1.03
0.55
0.2
0.89
0.45
0.3
0.55
0.98
0.23
0.42
0.35
0.44
0.38
0.26
0.39
0.39
0.25
0.21
0.45
0.31
0.30
0.22
0.37
0.31
0.31
0.26
0.23
0.39
0.31
0.32
0.32
0.27
0.30
0.34
0.28
0.29
0.30
0.30
0.33
0.27
0.33
0.31
0.30
0.30
0.30
0.26
0.30
1700El
ADP
0.32
Core Loss
ADP
0.30
0.30
0.27
0.29
0.30
0.29
0.39
0.39
0.33
0.30
0.28
0.34
0.32
0.32
0.40
0.28
0.37
0.28
0.38
0.35
0.26
1.09
0.79
0.87
0.96
1.08
0.90
0.84
0.87
0.93
0.98
0.97
0.90
0.65
1.05
0.93
0.74
0.63
1.56
1.39
1.14
0.83
1.61
1.11
1.02
0.81
0.94
0.83
0.67
0.59
0.81
0.90
0.68
0.87
0.85
1.14
1.03
0.82
0.73
0.78
0.71
0.77
0.87
0.73
0.75
0.86
0.94
0.70
0.91
1.00
0.81
0.91
0.62
0.76
0.69
0.62
0.86
0.83
0.78
1.03
0.81
0.56
0.76
0.87
0.52
0.84
0.62
0.0
0.2
0.3
0.56
0.2
0.8
0.6
0.8
0.76
0.8
0.84
0.9
1.1
1.00
4.1
1.08
0.3
0.2
0.85
0.7
0.3
0.47 0.3
0.72 0.9
1.0
0.48
ADP 0.0
0.23
0.3
0.2
0.44
1.4
0.85
0.0
0.32
0.39
0.28
0.77
1.06
0.68
0.51
1.27
1.01
0.58
1.06
0.93
0.81
0.53
0.76
0.52
0.70
0.82
0.52
0.53
0.65
0.46
0.55
0.64
0.63
0.90
0.64
0.71
1.06
0.49
0.23
0.64
0.29
0.83
0.45
0.94
0.54
1.10
0.72
0.77
1.06
0.89
0.63
0.94
0.99
0.48
0.79
0.99
0.36
0.65
0.91
0.34
0.50
0.75
0.31
0.42
0.52
0.31
0.36
0.34
0.33
0.34
0.27
0.34
0.35
0.29
0.37
0.38
0.37
0.42
0.47
0.35
0.30
0.57
0.51
0.50
0.53
0.76
0.58
0.47
0.91
0.69
0.50
1.02
0.87
0.63
0.45
1.11
0.97
0.81
0.46
0.83
1.02
0.87
0.59
0.83
0.88
0.79
0.40
0.49
0.28
0.45
0.51
0.66
0.26
0.29
0.37
0.46
0.50
0.37
0.43
0.42
0.47
0.46
0.59
0.40
0.39
0.30
0.35
0.39
0.93
0.38
0.24
0.33
0.39
0.47
0.67
0.26
0.40
0.28
0.43
0.23
0.49
0.24
0.55
0.50
0.73
0.76
0.70
0.38
0.57
0.35
0.34
0.39
0.32
0.35
0.70
0.0
0.33
0.28
0.0.7
0 3
0.
0.3
0.40
0.0
.0
0.290 .2
0.27
0 .6
0.70 10.9.2
0.30
1 .0
1 .0
0.99
0.92
0.57
1 .5
0 .3
0 .3
0.85
0.92
0.85
0.61
2 .6
0 .2
0
0.84
0.78
0.70
0.5.1 0.76
2 .5
0
3
.
0.77
0.85
0.64
0.71
1 .0.76
0 1.1
1 .6
0.77
0.85
0.72
0.70
0.54
0 .5
1
2.02
2.5240.1.4
1.37
0.55
0.72
1.0.2
1.17
1.42
1.49 0 .0
1.12
0.59
0
1.00
0.0
0.2.5
0 .0
0
0.1
0.0
0.0
0.0
0.0
0.0.0
0 .1
0 .1
0.51
0 .0
0 2
0. .8
0.49
0.52
0.41
0 .4
0 .2
0 .1
0.55
0.54
0.36
0.36
0.39
0 .5
0 .1
0 0 0.41
0.48
0.32
0.52
0.26
0.
0
.
0.35
0.49
0.63
0.28
0.24
0 .2
0 .4
0 0.30
0.31
0.51
0.38
0.64
0.4.1
0 .1
0 .1
0.30
0.60
0.49
0.36
0.29
0 .2
0 4
0.48
0.37
0.28 00. .32
0.28
0. .0
0.37
0.29 00.22
0.27
0. .0
0 .1
0 .2
0 .1
0 .2
0 .3
0 .4
0 .1
0 .2
0 .2
0 0
0.
0.21
0.31
0.36
0.22
0.22
0.57
0.24
0.27
0.36
0.26
0.61
0.23
0.22
0.32
0.23
0.46
0.53
0.49
0.39
0.0
0.0
0.0
0.0
0.0
0.0
0.0.2
0 .1
0 .1
0 .2
0 .1
0
0.0
0.0
0.1
.0
0.31
0.27 0 0.2
0.26
0.4.3
0.34
0.26
0.24
0 .2
0 .6
0 .2
0 .1
0.44
0.39
0.33
0 1
0.
0.32
0.24
0.0
0
.
0
0.0.1
00.1
0.37
0.42
0.30
0.41
0.41
0.33
0.44
0.39
0.45
0.50
0.49
0.37
0.44
0.30
0.61
0.45
0.52
0.42
0.35
0.41
0.85
0.46
0.42
0.46
0.47
0.38
0.92
0.64
0.38
0.54
0.38
0.84
0.68
0.42
0.44
0.44
0.71
0.67
0.58
0.37
0.53
0.56
0.69
0.56
0.50
0.53
0.53
0.66
0.63
0.52
0.54
0.39
0.52
0.67
0.65
0.54
0.47
0.47
0.55
0.62
0.73
0.60
0.45
0.54
0.34
0.59
0.73
0.61
0.45
0.41
0.49
0.42
0.63
0.64
0.44
0.38
0.43
0.46
0.59
0.43
0.43
0.35
0.41
0.49
0.42
0.36
0.31
0.39
0.44
0.43
0.31
0.28
0.26
0.43
0.26
0.21
0.25
0.31
0.25
0.48
0.23
0.46
0.51
0.43
0.54
0.41
0.46
0.50
0.51
0.46
0.61
0.65
0.52
0.55
0.74
0.56
0.50
0.64
0.56
0.53
0.56
0.57
0.60
0.57
0.58
0.56
0.59
0.54
0.56
0.66
0.78
0.66
0.57
0.58
0.62
0.86
0.75
0.53
0.63
0.68
0.78
0.81
0.61
0.57
0.82
0.68
0.53
0.58
0.87
0.71
0.64
0.56
0.80
0.69
0.53
0.98
0.73
0.66
0.95
0.50
0.25
0.66
1.58
0.29
1.37
1.31
0.33
0.52
1.71
0.22
0.65
0.42
0.45
0.42
0.44
0.35
0.34
0.33
0.40
0.38
0.37
0.37
0.32
0.31
0.39
0.24
0.44
0.43
0.43
0.41
0.22
0.34
0.37
0.36
0.70
0.55
0.76
0.51
0.70
0.56
0.46
0.72
0.51
0.68
0.56
0.47
0.65
0.47
0.43
0.40
0.36
0.54
0.51
0.44
0.43
0.36
0.67
0.49
0.45
0.42
0.32
0.21
0.28
0.31
0.25
0.33
0.26
0.30
0.34
0.30
0.29
0.28
0.35
0.28
0.30
0.30
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
536200E
536100E
200
0.33
1700El
0.46
0.41
0.41
0.28
0.39
0.30
0.30
0.28
0.27
0.27
536000E
535900E
eam_sec198325
0.32
0.29
0.27
0.27
535800E
535700E
0.35
0.49
Gold Estimate
g/t
160
0.57
0.62
0.27
Block Model
120
0.59
0.33
0.42
0.93
80
0.56
0.42
0.44
0.77
40
0.80
0.33
0.54
0.1
1800El
0.48
ADP
0.3
0.2
0.2
0.56
HBX 0.3
0.45
ADP 0.8
H
BX 00.5
0.25
.3
0.24
0.1
A0.28
DP 0.2
0.2
0.42
0.3
0.68 0.6
HBX
AD 0.96 0.2
HBXP0.90 3.0
2.1
0.530.2
0.2
0.47
0.3
ADP 0.47
0.2
00.52
.3
00.56
.4
0.4
0.60
HBX 00.9.6
0.2
ADP 0.0
1.38
1.27
0.38
0.0
0.2
0.46
0.8
0.5
0.34
0.2
0.22
0.2
0.24
HBX 0.1
0.2
0.28
0.2
0.45
0.3
0.65 0.5
0.93 0.6
1.10 1.7
0.7
1.15 1.5
0.811.4
0.6
ADP 0.44
0.1
0.28
0.2
0.1
0.32
00.42
.4
0.3
0.52
0.6
0.8
0.1
0.1
1.00
0.61
0.2
0.33
0.30
0.22
10.38
.1
0.47
0.0
HBX
0.70
0.65
0.86
0.29
0.21
1.04
0.73
0.45
0.22
0.21
0.1
0.1
0.2
0.2
0.5
0.2
0.3
0.2
0.0
0.0
0.2
0.95
0.40
0.46
Core Loss
0.31
ADP
0.30
0.8
0.5
0.5
0.6
0.1
0.1
0.1
0.1
0.2
0.2
0.1
0.2
0.3
0.3
0.8
0.4
0.2
0.2
0.2
0.2
0.3
1.03
1.1
0.9
2.7
1.5
1.0
1.5
0.91
1.1
0.2
1.10
0.0
1.29 0.9
1.01 0.2
0.5
ADP0.62 0.4
0.570.4
0.570.3
0.6
0.46
0.6
0.49
0.0
1:
1000
MA
08-Jun-11
A1
40
14
1440
50
535000N
1450
149
80
535100N
535300N
14
1470
1470
14
1440
0
147
534900N
148
534900N
535000N
1460
1450
535100N
535200N
146
0
14
70
1490
535400N
535600N
535500N
1520
70
1480
1480
535500N
14
1470
1460
60
14
1470
1490
1510
1530
1540
535600N
143
1450
1510
147
1470
1480
1530
0
46
1470
1440
1530
1500
40
1450
30
15
15
1510
1540
0
146
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
1.04
1800El
1.00
0.98
1.18
0.78
SC1.060.2
0.4
ADP0.78 0.7
BX0.75 2.5
0.2
0.98
0.86
0.91
0.55
0.71
1800El
1.34
1.22
0.86
0.61
0.63
1.05
0.87
0.70
0.65
0.56
0.84
0.61
0.74
1.08
1.02
0.83
1.12
1.08
0.98
0.88
0.79
1.32
1.32
1.27
1.27
1.35
1.23
1.08
1.00
0.78
0.75
0.71
0.67
1.10
1.11
1.34
1.34
1.35
1.35
1.12
1.00
0.77
0.65
0.69
1.26
0.64
0.60
0.80
0.78
1.16
1.19
1.23
1.13
1.09
1.06
0.84
0.65
0.57
0.52
0.60
0.61
0.76
0.81
1.06
0.82
0.92
0.80
0.82
0.96
0.87
0.67
0.60
0.49
0.55
0.57
0.81
0.87
0.85
0.94
1.20
1.21
0.84
0.69
0.66
0.57
0.67
0.56
0.62
0.65
0.63
0.78
1.21
1.15
1.08
0.95
0.72
0.65
0.58
0.61
0.63
0.97
0.97
0.99
0.96
0.74
0.72
0.65
0.59
0.57
0.64
0.82
0.99
0.84
0.72
0.66
0.57
0.51
0.62
0.79
0.72
0.63
0.57
0.51
0.48
0.22
0.33
0.23
0.47
0.54
0.28
0.46
0.51
0.44
0.41
0.47
0.49
0.34
0.49
0.34
0.34
0.25
0.35
0.48
0.26
0.22
0.38
0.31
0.39
0.36
0.50
0.21
0.24
0.37
0.32
0.57
0.62
0.50
0.73
0.23
0.48
0.54
0.81
0.93
0.61
1.04
0.41
0.39
0.35
0.61
0.56
0.74
0.90
0.54
0.71
0.37
0.52
0.36
0.31
0.41
0.49
0.46
0.51
0.37
0.87
0.66
0.47
0.38
0.62
0.37
0.46
0.40
0.42
0.29
0.51
0.69
0.34
0.41
0.48
0.36
0.29
0.32
0.37
0.42
0.52
0.43
0.51
0.31
0.30
0.23
0.56
0.32
0.36
0.33
0.35
0.37
0.48
0.53
0.46
0.37
0.38
0.30
0.22
0.25
0.35
0.37
0.35
0.34
0.39
0.42
0.52
0.45
0.38
0.41
0.37
0.31
0.31
0.42
0.52
0.36
0.47
0.40
0.40
0.53
0.49
0.46
0.48
0.51
0.47
0.46
0.51
0.51
0.62
0.51
0.44
0.50
0.48
0.49
0.49
0.52
0.48
0.30
0.32
0.37
0.28
00.1.10
0. .1
0.35
0.30
0.40
0.29
0 .0
0 .1
0 .1
0.36
0.38
0.35
0 .0
0 0
0.34
0.33
0.26
0.
0.0
0
0. 1
.
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .0
0 .1
0 .1
0 .1
0 .1
0 .1
0 .2
0 .2
0 .3
0 .1
0 .2
0 .1
0 .1
0 .1
0 .1
0 .1
0 .1
0 0
0.
0.41
0.39
0.0
0.0 1
0.45
0.45
0.43
0.43
0.41
0. .1
0
3
.
0.43
0.46
0.47
0.33
0.30
00.44
0.7.5
0 .2
0.36
0.47
0.41
0.26
0 .2
0 .4
0
0.37 0.1
0.24
0.0
0.2
0.1.3
0 .4
0 .4
0 .1
0 .2
0 0
0.
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0 2
0.
0.1 1
0. 1
0.
0.0
0.0
0.2
0.0
0.0
0.0
0.0
0.0
0.0 1
0. .3
0.42
0.32
0 .3
0 .2
0 .1
0 .1
0.49
0.42
0.37
0.32
0.30
0 .1
0 .0
0 .0
0 .0
0 0
0.
0.0
0.1
0.0
F
F
0.41
0.26
ADP
BX
0.33
0.32
0.34
0.35
0.33
0.34
0.30
0.35
0.33
0.35
0.34
0.31
0.33
0.36
0.38
0.36
0.31
0.31
0.33
0.37
0.40
0.31
0.32
0.33
0.37
ADP
0.44
0.31
0.30
0.31
0.30
0.29
0.25
0.26
0.24
0.33
0.30
0.27
0.27
0.24
0.27
0.33
0.29
0.31
0.31
0.31
0.30
0.28
0.44
0.21
0.22
0.23
0.29
0.42
0.39
0.36
0.39
0.36
0.37
0.40
0.42
0.51
0.46
0.38
0.51
0.44
0.51
0.40
0.52
0.38
0.45
0.40
0.39
0.34
0.44
0.38
0.35
0.31
0.43
0.39
0.30
0.31
0.42
0.26
0.28
0.38
0.38
0.49
0.48
0.46
0.53
0.57
0.41
0.54
0.60
0.60
0.40
0.43
0.68
0.71
0.40
0.61
0.72
0.57
0.43
0.30
0.46
0.65
0.59
0.63
0.36
0.43
0.61
0.71
0.56
0.46
0.39
0.50
0.69
0.62
0.53
0.63
0.89
0.80
0.50
0.76
0.82
0.53
0.47
0.71
0.90
0.72
0.60
0.78
0.80
0.53
0.94
0.64
0.81
0.78
0.51
0.87
0.52
0.95
0.77
0.55
0.92
0.69
0.50
0.78
0.56
0.48
0.46
0.83
0.75
0.57
0.51
0.45
0.79
0.74
0.70
0.54
0.21
0.50
0.43
0.44
0.58
200
0.0
0.0
0.0.2
0 .3
0 .0
0 .0
0 .0
0
0.38
0.38
0.40
0.38
0.29
0.28
0.27
0.27
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
0.3
0.1
0.1
1700El
536300E
eam_sec198375
0.40
0.47
0.26
536200E
160
0.42
0.53
536100E
536000E
535900E
535800E
535700E
120
0.43
0.53
Gold Estimate
g/t
80
0.21
0.37
0.53
0
0 .1
0 .1
0 .1
0 .0
0.2.0
0
0.1.0
0.34
0.3400.1
0.4.1
0.35
0.36
0.1
0
0 .0
0.39
0.39
0 .2
0.1.1
0.1
0.50
00.45
.0
0.1
0.52
0 0.53
0 .1
0 .2
0.36
0.3.20.45
0.4
0.0
0 0.41
0.28
0 .5
0 .7
0.24
1 .5 0.34
1 .0
0.2.5 0.33
0.26
0
0 .3
0 .2
0.26
0.27
0 .1
0 .1
0.25
0.30
0.1.1
0.4
0
0.25
0.32
0 .2
0.1.1
0.24
0.33
0.1
0
0 .2
0.2.2
0.3
0
ADP 00.1.1
0 .2
0 .4
0 .2
CBX 0.2
0 .5
0.2.1
0.1
0.1
0.1
0
0.1
0 .2
0.3.3
0.0
0
0 .1
0 .2
0.0
0 .0
0.1.1
0
0
.0
0 .3
1.2.4
0.1
0.5
0.0
0.2
0.1
0.1
0.0
ADP 0.0
0.3
0.1
0
.0
0.0
0.1
0.2
0.1
0.2
0.1
0.1
0.0
0.23
0.37
0.57
0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.28
0.28
Block Model
40
0.58
0.29
1700El
0.76
1:
1000
MA
08-Jun-11
A1
534900N
535000N
30
143
0
1460
143
534900N
535100N
198400E
1450
1450
1450
535200N
1450
535300N
0
145
1460
1470
535400N
1430
535200N
1450
14
0
535600N
1420
1450
40
14 4
1520
1420
1520
145
20
144
1440
1440
1480
15
150
1440
1440
1430
14
90
1490
198400E
1450
535500N
535400N
14
1510
1520
1530
1440
00
15
153
0
1430
147
0
1510
1510
146
20
1510
1480
15
535600N
1500
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
1800El
0.30
0.29
0.23
0.38
0.22
0.33
0.31
0.31
0.28
0.34
0.34
1700El
0.36
0.30
0.29
0.37
0.34
0.30
0.37
0.38
0.1
0.20.8
0
.4
2.5.6 10.82
4
0. .8 0.2
0 .0
0 .5 0.1
0 .9 0.1
0.1.9
BX
0 .9 0.1
0
1 .5 0.5
0 .1
0.2.2
ADP310.5.81.1
0.3
0.4
2
0.0.3
0.1
.20
00.3
.
0.3
31.1
0.0
0.9.2
1.7
0 .1
0.0
1.0
0
1.30.0.1
0.0
0 .4
0
0.9
0.0
0.5 00.2.1
0.2 0.2
0.0
0.2
1.8.1
0.3
0 .6
0.0
0.7
0 .1
0.6
0 .1
0.0
1.5
0 .2
5.9
0 .1
0.0
1.8
0 .2
0.3
0 .2
0.97
0.01.02
0 .7
BX 0.3
0.2
0 .2
0.4
0 .4
0.0 1.03
0.84
0.92
2.1
0 .5
0 .3
4.5
0.0
1.3
1.01
1.05
0.76 00.3.2
0.98
2.4
0.0
0 .4
2.0
0 5
1.3
1.08
0.99
0.99
0.79
0.0 0.98
1.7
2. 4
1.7
0
1. .3
2.5
0.7.2
1.14
1.12
1.02
1.17
0.75
0 .1
0.6
0 .8
0.5
1.2
0
1.7
0.1
1.22
1.08
1.07
1.12
0.98
0.97
0.0.2
1.3
0 .6
2.2
1
0.0
6
.
1.9
1.14
1.10
0.96
0.77
0.74
2 .2 0.94
0
2.7
2 .2
0.9
0.6.9
1 .8
0
0.2
1.09
1.11
0.83
0.69
0.77
0.71
0.73
0
0.5 1
0.3
0.4.2
.
0.0
00.68
0.92
0.71
0.57
0.56
0.70 00.2.7
.1
0.1
P 0.2
0
AD
0.2
0.1
0
0.73
0.72
0.3
0.1
0 .1
1.0
.0
0.3.1
0
1.3
0
BX 1.5
0 .1
0.0
0.1
0 .1
0.1
0.42
0.1
0 .1
0.2
0.3
0 .9
0.1
0.2
0.1.2
0.47
0.51
0.0
0.2
0.3
0.1
0.4
0.41
0.49
00.39
0.0
.1
0.3
ADP 0.3
0.3
0.0
0 0.22
0.9
0.29
0.42
0.5.4
0.2
0.2
0.2
0.30
0.44
0.0
0.3 0.42
0.2
0.0
0.0
0.3 0.26
0.42
0
0.6
1.0
0.3.1
0.2 0.41
0.1
0.0
0.41
0.3
0.1
0.5
0.0
0.1 0.41
0.0
0.2
0.0
0.5
0.5
BX
0.8 0.41
0.0
0.35
0.0
1.1
0.3
0.0
0.0
0.1
0.29
0.0
0.1
0.0
0.1
0.24
0.41
0.2
0.1
0.0
0.1
0.29
0.23 0.0
0.35
0.1
0.0
0.1
0
0.0
0.29 0.2.1
0.26
0.32
0.3
0.2
0.0
0.0
0.0
0.26
0.23
0.26
0.41
0.38
0.33
0.0.0
ADP 0.1
0.0
0.0
0 .3
0.0
0 .1
0.28
0.24
0.26
0.34
0.30
0.32
0.0
0.1
0 .2
0 .6
0.1
0 .1
0.1
0.1
0.26
0.30
0.30
0.35
0
0.2
0.5.3
0.0
0.2
0.1
0.22 00.41
0.26
0.32
0.30
0
0 .2
0. .1
0.3.2
0
0.24
0.28
0.34
0.71
0
0.2.4
0 .2
0 .1
0 .5
0.3.3
0.44
0 .4
0.2
0 .5
0 .1
0.1
0.28
0.76
0 1
0.0
0. .1
0.29
0.54
0 1
0.0
0.
0.35
0.31
0.0
0.1.4
0 .3
0.0
0 .2
0.32
0.61
0 .2
0 .1
0.0
0 1
0.34
0.45
0.52
0.0
0. 1
0. .1
0.37
0.34
0.42
0.46
0.0
0 .1
0 .1
.1
00.1
0 .1
0.38
0.35
0.44
0 .1
0 .2
0.37
0.40
0.45
0 .1
0 .0
0 .1
0 .3
0 .2
0 .0
0 .1
0 .0
0 0
0.45
0.
0.0 2
0.
0.33
0.31
0.32
0.34
0.36
0.37
0.29
0.41
0.32
0.34
0.37
0.39
0.37
0.28
0.40
0.34
0.36
0.37
0.43
0.41
0.37
0.35
0.34
0.31
0.33
0.40
0.35
0.37
0.43
0.46
0.42
0.41
0.41
0.33
0.31
0.33
0.33
0.38
0.39
0.42
0.49
0.49
0.48
0.51
0.43
0.34
0.27
0.33
0.34
0.39
0.43
0.47
0.51
0.54
0.66
0.53
0.43
0.35
0.29
0.34
0.37
0.37
0.44
0.59
0.66
0.73
0.60
0.39
0.36
0.36
0.33
0.33
0.23
0.40
0.55
0.68
0.74
0.73
0.31
0.37
0.35
0.32
0.35
0.33
0.38
0.42
0.51
0.60
0.74
0.76
0.29
0.36
0.33
0.31
0.32
0.28
0.34
0.41
0.50
0.56
0.64
0.86
0.64
0.30
0.27
0.33
0.35
0.47
0.56
0.66
0.82
0.72
0.42
0.22
0.24
0.27
0.35
0.44
0.78
0.89
0.47
0.22
0.27
0.87
0.62
0.89
0.86
0.45
1.00
0.51
0.98
0.61
0.37
0.22
0.23
0.22
0.23
0.22
0.25
0.26
0.23
0.22
0.21
0.25
0.26
0.26
0.26
0.34
0.34
0.26
0.30
0.31
0.26
0.33
0.27
0.26
0.31
0.29
0.28
0.28
0.30
0.33
0.38
0.31
0.29
0.36
0.37
0.31
1700El
0.43
0.42
0.37
0.44
0.43
0.41
0.41
0.37
0.36
0.40
0.38
0.38
0.33
0.32
0.30
0.25
0.22
0.43
0.41
0.53
0.47
0.38
0.37
0.44
0.41
0.36
0.33
0.26
0.23
0.33
0.28
0.37
1800El
0.22
0.35
0.45
0.29
0.83
1.00
0.46
1.04
0.53
0.71
0.47
0.98
0.58
0.45
1.10
0.86
0.53
0.46
1.11
0.84
0.66
0.50
1.00
0.93
0.79
0.49
0.53
0.41
0.64
eam_sec198425
40
80
120
160
200
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
536300E
Gold Estimate
g/t
536200E
536100E
536000E
535900E
535800E
535700E
Block Model
1:
1000
MA
08-Jun-11
A1
534900N
535000N
141
0
10
14
1410
534900N
1430
14
10
14
30
14
10
20
1410
535100N
14
10
142
00
14
1400
535000N
30
1420
1420
535100N
14
535200N
535300N
14
1420
535400N
1430
1450
1440
141
20
1420
1400
1420
1410
10
14
1430
20
535500N
535200N
535300N
1480
535500N
535600N
1510
14
1410
15
535600N
30
145
1470
144
1480
149
1460
149
0
14
20
1500
15
0
140
536400E
536300E
536200E
536100E
536000E
535900E
535800E
535700E
2000El
2000El
1900El
1900El
1800El
1800El
0.34
0.39
0.39
0.22
0.36
0.29
0.32
0.27
0.39
0.37
0.31
0.35
1700El
0.35
0.21
0.33
0.32
0.21
0.30
0.32
0.27
0.33
0.37
0.31
0.49
0.32
0.36
0.36
0.32
0.36
0.37
0.39
0.29
0.31
0.35
0.34
0.36
0.38
0.39
0.39
0.38
0.36
0.63
0.28
0.30
0.31
0.37
0.35
0.37
0.38
0.40
0.44
0.45
0.51
0.79
0.52
0.30
0.37
0.32
0.37
0.36
0.42
0.42
0.43
0.46
0.51
0.59
0.80
0.30
0.31
0.39
0.36
0.50
0.50
0.44
0.47
0.50
0.54
0.69
0.67
0.35
0.32
0.41
0.43
0.42
0.43
0.51
0.54
0.55
0.62
0.67
0.62
0.39
0.33
0.24
0.45
0.51
0.51
0.46
0.49
0.56
0.59
0.60
0.35
0.33
0.24
0.52
0.49
0.36
0.50
0.51
0.46
0.52
0.56
0.23
0.35
0.52
0.48
0.35
0.35
0.38
0.41
0.47
0.51
0.23
0.49
0.47
0.34
0.35
0.37
0.38
0.43
0.47
0.22
0.25
0.34
0.33
0.34
0.35
0.39
0.42
0.28
0.34
0.38
0.37
0.37
0.28
0.36
0.30
0.21
0.1
0.1
0.1
0.1
0.1
0.1
0.4
0.2
ADP 0.1
0.3
0.2
0.3
0.25
0.6
BX 0.250.4
0.2
0.1
0.1
0.2
0.3
0.3
0.1
0.250.3
0.6
ADP0.36 0.4
0.1
0.1
0.1
0.0
0.1
0.1
0.2
0.2
BX 0.3
0.4
0.3
0.3
0.2
ADP 0.2
0.2
0.25 0.1
0.5
1.2
0.61 0.3
0.7
1.4
0.72
0.5
BX
1.1
1.1
0.97
0.7
0.1
0.79
0.0
0.71
0.0
0.0
0.0
0.0
0.0
0.0
0.0
ADP 0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
BX 0.1
0.2
0.0
0.2
ADP 0.1
0.2
0.0
1700El
0.32
0.31
0.38
0.23
0.31
0.35
0.23
0.32
0.33
0.25
0.30
0.27
0.63
0.88
0.93
0.83
eam_sec198475
0.97
0.93
0.39
0.62
0.94
1.04
0.44
0.75
1.14
200
0.33
0.33
0.36
0.40
0.33
0.32
0.31
0.36
0.35
0.39
0.35
0.35
0.36
0.29
0.32
0.27
0.25
0.24
0.57
0.51
0.53
1.11
0.98
0.89
0.0
0.0
0.33
0.23
Silver
g/t (LHS)
6.0 - 99g/t
6.0 - 99g/t
6.0 - 99
3.0 - 6.0
1.0 - 3.0
0.5 - 1 g/t
0.5 - 1 g/t
0.5 - 1.0
0.2 - 0.5
0 - 0.2 g/t
0 - 0.2 g/t
0 - 0.2
www.miningassociates.com.au
SCALE
DRAWN
DATE
536400E
160
0.84
0.33
0.30
536300E
120
0.59
00..22
0.2.2
0 .1
00.1
.3
00.1
0.2.1
0
0.33 0.100.2.1
0.33
0.1 0.1.2
0.31 0.1 00.1
0.35
0.1 0.1.2
0 .1 0.34
0.3
0 .1
ADP 0.3
0 .1
0 .4
0.2
0 .3
0.2
0 .1
0.2
0 .1
0.8
0
0.3
0.2
0.0
0.2
0.3
0.0
0.1
0.1
0.1
HBX 0.4
0.0
ADP 0.2
0.1
0.2
0.2
0.0
0.2
0.0
0.4
HBX 0.4
0.0
0.1
0.1
0.0
0.0
0.0
0.0
ADP 0.0
0.0
0.0
0.0
0.0
HBX 0.0
0.0
0.0
ADP 0.0
0.46 0.0
0.1
HBX 0.0
0.66 0.0
0.47
ADP
HBX
0.65
1.24 0.5
0.9
0.1
1.23
ADP 1.9
1.0
0.7
0.8
0.8
HBX 0.2
0.1
0.0
0.36
536200E
80
0.34
536100E
40
0.34
0.30
536000E
535900E
535800E
535700E
Gold Estimate
g/t
0.38
0.27
Block Model
0.40
1:
1000
MA
08-Jun-11
A1