Announcement PDF 20 July 2023 Epithermal Gold Potential Identified at Carpina North as Drilling Advances Across NSW Lachlan Project Systematic testing of geophysical targets continues with drilling currently in progress at an AEM anomaly 20km from Cobar. Highlights: • Multiple intervals of +1g/t gold mineralisation returned for drill-holes displaying disseminated and veined sulphides at the Carpina North and Stella Prospects, within Talisman’s Lachlan Copper-Gold Project in NSW. • The association of the gold with arsenic (As) and antimony (Sb) geochemistry, with silica textures observed in RC drill chips, is consistent with a low-sulphidation epithermal gold system. • Limited initial RC drilling (5 holes/1,326m) returned narrow intervals of copper-gold mineralisation associated with the north-south trend of chargeable anomalies at the Stella Prospect. Further work is underway to determine the potential location of higher-grade zones. • Gold mineralisation at Carpina North shows an association with fine grained pyrite, arsenopyrite and pyrrhotite, suggesting that chargeable anomalies may provide further exploration targets. • Drilling of an AEM anomaly located 20km north-east of Cobar is currently in progress and expected to be completed by late July. Talisman Mining Ltd (ASX: TLM, Talisman) is pleased to provide an update on ongoing drilling and exploration activities at its 100%-owned Lachlan Copper-Gold Project (Lachlan Project) in NSW (Appendix 1). Figure 1 - Reverse circulation drill rig operating at the Carpina North Gold Prospect. 1 Overview Talisman has a dominant strategic position in the world-class Lachlan Orogen of NSW with five projects covering a total area of 6,200km2 (Appendix 1). The Company commenced an expansive, systematic and multi-pronged exploration program focusing on the Central Lachlan Project earlier this year, with the aim of developing a staged exploration pipeline that is constantly replenished through ongoing geophysics and geochemistry programs. Reverse Circulation (RC) drilling of 12 initial geophysical targets identified from regional airborne and geophysical surveys has been in progress since the start of this year, with results reported in this announcement including from the Carpina North, Stella, Pines, Galway and Rainbow Folds prospects. RC drilling is continuing with activities currently focused on the Damascus AEM anomaly, located on Exploration Licence 9298, located 20km north-east of Cobar (Appendix 1). Drilling of this AEM anomaly, identified from Talisman’s previous regional-scale airborne geophysical surveys 1, represent the first exploration activities in this area. Talisman currently expects to complete drilling of this target by the end of July. Auger drilling grids have been completed at the Stella Prospect (Exploration Licence (EL) 8571) and the Gwando Prospect (EL8615) with assays pending. Auger drilling activities are currently in progress on EL8414. Further auger geochemistry grids are planned over identified target areas on Exploration Licences 8547, 8680, 8659, 8677 and 9298. Geophysics is in progress at the Durnings Prospect (EL8680), with a gradient array induced polarisation (GAIP) grid seeking to constrain further drill targets associated with mineralisation intersected during previous drilling 2. The next phase of RC and diamond drilling will focus on following up high-grade gold results at Durnings, as well as testing geophysical and geochemical targets generated by Talisman during the first half of 2023. This will include testing the conductive anomalies at the Rip n Tear Prospect on EL8615, a high priority conductivity anomaly associated with extensive base metal geochemical anomalism. Management Comment Talisman’s CEO, Shaun Vokes, said: “We have received encouraging results from our ongoing field programs throughout the first half of 2023, with detailed results reported in this announcement from a number of areas. “While we haven’t yet made an economic discovery, our drilling continues to intersect significant mineralisation and generate plenty of indicators of the potential to vector into a significant accumulation of mineralisation. 1 2 Refer Talisman ASX announcements dated 17 January 2022, 30 March 2022, 26 July 2022 and 16 November 2022 for full details. Refer Talisman ASX announcement dated 15 May 2023 for full details. 2 “The pervasive gold anomalism associated with the Carpina North Prospect and its potential interplay with the copper anomalism identified at the Stella Prospect to the south is particularly promising and warrants follow-up work. “As our field work progresses, our understanding of the complex structural setting of our Central Lachlan Project is improving, which in turn will allow us to improve our targeting methodology. We continue to generate a strong target pipeline based on a rapidly increasing dataset. “Talisman remains well funded to continue with substantive exploration programs in order to make the next major discovery in the Lachlan Fold Belt.” Exploration Licence EL8571 Carpina North Prospect Four RC holes (CNRC0013-CNRC0016) for a total of 876 metres were drilled (Table 1) at the Carpina North Prospect (Appendix 1) to follow up on the gold results returned in drill-hole CNRC0012, which was completed as part of the 2022 drill program and which returned 40m @ 0.51g/t Au from 24m down-hole 3 as part of a wider mineralised zone (Figure 2). Figure 2 – Carpina North 2023 RC drilling, Holes CNRC0011-CNRC0016. Significant intercepts are labelled. 3 Refer Talisman ASX announcement dated 26 July 2022 for full details including JORC tables 3 Significant gold results have been returned in drill-hole CNRC0014, with a number of mineralised zones above 1g/t Au encountered down the hole (Figure 3). Intercepts include: • 8m @ 0.71g/t Au from 16m down-hole including 2m @ 1.42g/t Au from 22m down-hole; • 2m @ 2.77g/t Au from 134m down-hole; • 14m @ 0.51g/t Au from 146m down-hole including 4m @ 1.35g/t Au from 156m down-hole; and • 2m @ 1.04g/t Au from 210m down-hole. Other drill-holes also returned significant gold assays, including: CNRC0015 • 2m @ 1.02g/t Au from 102m; and • 8m @ 1.06g/t Au from 116m including 2m @ 1.95g/t Au from 122m. CNRC0016 • 14m @ 0.74g/t Au from 62m including 6m @ 1.18 g/t Au from 70m; • 10m @ 0.40g/t Au from 90m; and • 2m @ 0.65g/t Au from 168m. A full list of significant results is provided in Table 2. No significant gold results were encountered in CNRC0013, which has constrained the mineralisation to the east of current drilling, suggesting that the mineralised zone strikes north-south parallel to regional structures of the Mineral Hill Volcanic Belt (Appendix 1). Figure 3 – Interpreted Carpina North Section A-A', along 6423500mN. Holes oblique to section are not projected to section. 4 All of the drill-holes completed at Carpina North intersected a sequence of massive, fine-grained phyllites with occasional psammite interbeds, and the mineralisation appears to be visually associated with intermittent quartz veining hosting polymetallic (galena-chalcopyrite-arsenopyrite) sulphides and silica flooding of psammite sequences (Figure 4). Figure 4 – RC chip samples from CNRC0014, 206-212m down-hole, displaying quartz veining and silica flooding. The gold mineralisation has geochemical associations with arsenic (As) and antimony (Sb). These element associations, together with the visual quartz textures, suggest that Talisman’s drilling has intersected the “mixing” zones of a low-sulphidation epithermal gold mineral system (Figure 5), similar to that mined previously at Mount Boppy, which lies approximately 90km to the north-east in a similar structural position within the Cobar Basin’s eastern margin. The implication of the drilling intersecting an interpreted “mixing” zone is the inferred existence of a high-grade “boiling” portion of the system proximal to current drilling, which in a conventional epithermal system may be host to high-grade precious metals (Au-Ag) (Figure 5). 5 Interpreted current drilling Mixing Zone Boiling Zone Figure 5 – Conceptual Low-Sulphidation Epithermal Gold System Model, after Buchanan, 1981 4 and Wilson & Tunningley, 2013 5 Further work on the Carpina North Prospect is planned to include involve geophysical surveys and further drilling in order to develop a comprehensive understanding of the structural architecture of the prospect area. This will assist Talisman in vectoring towards a potential high-grade boiling zone within the epithermal system. Stella Prospect At the Stella Prospect (Appendix 1), two trends of anomalous chargeability were previously identified through Pole-Dipole Induced Polarisation (PDIP) surveys 6. An initial five RC holes for a total of 1,326 metres was drilled (Table 1), targeting both the Eastern and Western anomalies in order to determine the source of the chargeability response (Figure 6). The drill-holes were targeted on four areas of the chargeable anomaly thought to be discrete chargeable features. All holes, WLRC0001-WLRC0005, intersected a thick sequence of massive phyllites with minor disseminated pyrite-pyrrhotite, thought to be the source of the chargeable anomaly. 4 5 6 Buchanan, L.J., 1981, Precious metal deposits associated with volcanic environments in the Southwest. Arizona Geological Society Digest 14. Wilson, C. and Tunningley, A. 2013. Understanding Low Sulphidation (LS) Epithermal Deposits. Association of Mining Analysts, London, July 2013. Refer Talisman ASX announcement dated 8th May 2023 for full details. 6 Figure 6 - Stella Prospect RC drilling and copper assay results. Visual chalcopyrite mineralisation was identified in WLRC0004 over a two-metre interval from 282m, with the chalcopyrite hosted in a quartz breccia associated with local sericitization. WLRC0005 was drilled on a shallower angle and was expected to intersect an interpreted vertical mineralised structure above this mineralisation, however no comparable visual interval was intersected. WLRC0005 did intersect Pb-Zn mineralisation at EOH which remains open at depth, returning 2m @ 0.44% Zn, 0.21% Pb. No significant intersections were identified in WLRC0003. Low-grade copper mineralisation was identified coincident with visual chalcopyrite in WLRC0001, which returned an intersection of 2m @ 0.22% Cu from 154m. Significant intersections for the Stella prospect are provided in Table 2. Down-hole Electro-Magnetic (DHEM) surveying on WLRC0001-WLRC0004 did not identify significant conductors in close proximity to the drill-holes. This is consistent with visual observations of copper mineralisation and sulphides as being disseminated or breccia-hosted with insufficient connectivity to return a conductive response. These initial results confirm the presence of north-south trending copper mineralisation at the Stella Prospect associated with the chargeable anomaly trend and are encouraging for the presence of copper mineralisation laterally and at depth. 7 A historic copper mine working is located immediately to the south of the current drilling along the same north-south trend (Figure 5), which anecdotally yielded a head grade of 17.25% copper from mineralisation hosted in quartz breccia 7. Further work, including additional geophysics and drilling, is being planned to assess the prospect’s potential and possible links to the nearby Carpina North Prospect. Exploration Licence EL8414 On Exploration Licence 8414 (EL8414) (Appendix 1), three VTEM Max Airborne Electro-Magnetic (AEM) anomalies and one FALCON Airborne Gravity Gradiometry (AGG) anomaly, identified from Talisman’s previous regional-scale airborne geophysical surveys1, were drill tested with seven holes for a total of 1,652 metres (Table 1). The AEM anomalies were moderate priority anomalies which indicated mid-time conductivity responses, and also exhibited highly deformed geological structure and quartz veining in outcrop with anomalous bismuth in open file surface geochemistry, making them targets of interest. Drilling at each AEM anomaly did not encounter notable down-hole geochemistry results, alteration or structure. The basement rocks encountered in drilling were a sequence of variable conglomerates, sandstones and siltstones. Subsequent DHEM surveying also did not identify any significant anomalies and it is thought that these initial AEM anomalies were representative of minor stratigraphic contacts within the basement sequence. Drilling at the Galway AGG anomaly did not directly explain the AGG anomaly, however a sequence of siliceous sandstones with minor quartz-carbonate veining was encountered. Disseminated pyrite and pyrrhotite were observed within the sandstone unit and contained within the quartz-carbonate veins, suggesting a deeper intrusive source. The Company’s interpretation is that the gravity anomaly is likely to be representative of a porphyritic intrusion associated with the Mount Walton porphyry, located 1km to the west. No immediate follow-up work is planned on these target areas. Auger drilling is currently underway on other areas within the Exploration Licence area to provide first-pass surface geochemistry over areas under shallow cover. Exploration Licence EL8658 On Exploration Licence 8658 (EL8658) (Appendix 1), two AEM anomalies were tested at the Pines and the Rainbow Folds prospects. These anomalies were discrete late-time AEM responses which were strong Maxwell plate models. The anomalies were located in areas hosting metamorphosed siltstones and conglomerates. Mapping of the areas identified brecciated quartz veins and weak iron alteration at surface, suggestive of the weathering of sulphide-bearing quartz stockworks. 7 Refer GNSW DiGS Report R00011195, Explanatory Notes GS1980/452, Mine data sheets to accompany the Nymagee 1:250,000 metallogenic map. 8 The Pines Prospect Two RC holes for a total of 504 metres (BBRC0006 and BBRC0007) were drilled (Table 1) into the AEM response at the Pines. No significant intercepts were returned, however favourable quartz vein textures and alteration were observed down-hole in BBRC0006. This included stockwork quartz veining, pervasive silicification, moderate chloritization and both disseminated and blebby pyrrhotite and pyrite associated with increased magnetism, suggesting that this hole is proximal to a zone of structurally controlled hydrothermal activity potentially linked to further polymetallic mineralisation. A definitive source for the Maxwell plate model at the Pines prospect was not intersected and downhole electromagnetic surveys were inconclusive due to both holes collapsing prior to the survey. Further work on the wider Pines prospect area is planned and will involve drill testing of a subtle magnetic feature 220m south-west of existing drilling, which is interpreted to be associated with pyrrhotite mineralisation. Additional magnetic “bulls-eye” anomalies nearby will also be drill tested for the presence of sulphide mineralisation. Rainbow Folds Prospect At the Rainbow Folds prospect, two RC holes (BBRC0008 and BBRC0009) for 492 metres were drilled. Both holes intersected a graphitic shale unit closely associated with the modelled AEM plate, which is thought to be the source of the strike-parallel AEM anomaly. No additional work is planned at this prospect at this stage, with other targets being prioritised. Ends For further information, please contact: Shaun Vokes – CEO on +61 8 9380 4230 Nicholas Read (Media inquiries) on +61 419 929 046 This release has been authorised by the Board of Talisman Mining Limited. 9 Table 1: Drill-hole information summary Details and coordinates of the RC Holes relevant to this release. Exploration Licence Prospect Hole ID Easting Northing RL Dip Azimuth EOH Depth EL8571 Stella WLRC0001 468139 6420073 326 -70 23.61 288 EL8571 Stella WLRC0002 468120 6420528 325 -69.75 92.87 222 EL8571 Stella WLRC0003 469892 6420533 228 -69.38 93.92 216 EL8571 Stella WLRC0004 468420 6421271 337 -69.84 263.66 300 EL8571 Stella WLRC0005 468417 6421271 337 -60.09 270.08 300 EL8414 Mt Walton MWRC0001 456612 6432791 342 -60.3 90.41 222 EL8414 Mt Walton MWRC0002 461857 6434234 308 -60.28 219.91 222 EL8414 Mt Walton MWRC0003 460182 6438026 321 -60.29 240.61 222 EL8414 Mt Walton MWRC0004 459977 6437909 324 -60.42 61.58 222 EL8414 Galway MWRC0005 464725 6440609 300 -60.66 78.46 228 EL8414 Galway MWRC0006 464543 6440546 302 -60.57 73.16 226 EL8414 Galway MWRC0007 464352 6440495 297 -60.44 29.67 240 EL8658 The Pines BBRC0006 458034 6468592 299 -60 67.92 294 EL8658 The Pines BBRC0007 458137 6468555 295 -59.86 65.45 210 EL8658 Rainbow Folds BBRC0008 456658 6476474 310 -60.01 240.69 282 EL8658 Rainbow Folds BBRC0009 456934 6476481 307 -60 240 210 EL8571 Carpina North CNRC0013 468608 6423504 347 -69.59 244.87 204 EL8571 Carpina North CNRC0014 468515 6423487 341 -59.88 242.74 270 EL8571 Carpina North CNRC0015 468494 6423605 333 -60.05 149.98 204 EL8571 Carpina North CNRC0016 468423 6423563 357 -59.85 146.08 198 10 Table 2: RC drill-hole assay intersections for Mineralized Zones (Significant Intersections) Details of significant RC drilling intersections received to date for the Carpina North and Stella prospects by Talisman are provided below. All Table 2 intersections are length-weighted assay intervals from two metre assay intervals taken directly from the drill rig splitter. Appendix 2 contains full details on sampling and data aggregation methods including cutoff grades. Depth From (m) Depth To (m) Interval (m) Ag (g/t) Zn (%) Pb (%) Au (g/t) Cu (%) CNRC0014 16 24 8 0.71 Including 22 24 2 1.42 CNRC0014 94 96 2 0.57 CNRC0014 134 136 2 2.77 CNRC0014 152 160 8 0.75 Including 156 160 4 1.35 CNRC0014 180 182 2 0.76 CNRC0014 210 212 2 1.04 CNRC0014 218 220 2 0.31 CNRC0014 224 226 2 0.55 CNRC0014 230 232 2 0.39 CNRC0015 80 82 2 0.29 CNRC0015 102 104 2 1.02 CNRC0015 116 124 8 1.06 Including 122 124 2 1.95 CNRC0016 62 76 14 0.74 Including 70 76 6 1.18 CNRC0016 90 100 10 0.40 CNRC0016 116 118 2 0.40 CNRC0016 124 126 2 0.32 CNRC0016 168 170 2 0.65 WLRC0001 154 156 2 0.22% WLRC0002 212 214 2 0.46% WLRC0004 84 86 2 0.27 WLRC0004 186 188 2 0.28 WLRC0004 282 284 2 WLRC0005 298 300 2 Comments 0.47% 0.44 0.21 All listed intersections are reported as down hole intersections. True widths of the reported mineralisation are not known at this time. 11 About Talisman Mining Talisman Mining Limited (ASX:TLM) is an Australian mineral development and exploration company. The Company’s aim is to maximise shareholder value through exploration, discovery and development of complementary opportunities in base and precious metals. Talisman has secured tenements in the Cobar/Mineral Hill region in Central NSW through the grant of its own Exploration Licenses and through a joint venture agreement. The Cobar/Mineral Hill region is a richly mineralised district that hosts several base and precious metal mines including the CSA, Tritton, and Hera/ Nymagee mines. This region contains highly prospective geology that has produced many long-life, high-grade mineral discoveries. Talisman has identified a number of areas within its Lachlan Cu-Au Project tenements that show evidence of base and precious metals endowment which have had very little modern systematic exploration completed to date. Talisman believes there is significant potential for the discovery of substantial base metals and gold mineralisation within this land package and is undertaking active exploration to test a number of these targets. Talisman also has a majority participating interest in a joint venture with privately-owned Lucknow Gold Limited in relation to the Lucknow Gold Project (EL6455) in New South Wales. The Lucknow Goldfield was discovered in 1851 and was one of the earliest goldfields to be mined commercially in Australia. Historic production records at the Project are incomplete, however in excess of 400,000 ounces of gold has reportedly been produced at grades of 100 to 200 g/t gold 8.Very little modern exploration has been completed outside of the existing mine workings and Talisman intends to undertake a program of geochemical surface sampling and mapping at the Project ahead of a drilling program to test for potential down plunge extensions of the high-grade gold ore shoots and repeat structures throughout the Project area. Competent Person’s Statement Information in this announcement that relates to Exploration Results and Exploration Targets is based on, and fairly represents information and supporting documentation complied by Mr Russ Gregory, who is a member of the Australasian Institute of Geoscientists. Mr Gregory is a full-time employee of Talisman Mining Ltd and has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Gregory has reviewed the contents of this announcement and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which they appear. Forward-Looking Statements This ASX release may include forward-looking statements. These forward-looking statements are not historical facts but rather are based on Talisman Mining Ltd.’s current expectations, estimates and assumptions about the industry in which Talisman Mining Ltd operates, and beliefs and assumptions regarding Talisman Mining Ltd.’s future performance. Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “potential” and similar expressions are intended to identify forwardlooking statements. Forward-looking statements are only predictions and are not guaranteed, and they are subject to known and unknown risks, uncertainties and assumptions, some of which are outside the control of Talisman Mining Ltd. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. Any forward looking statements in this announcement speak only at the date of issue of this announcement. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Talisman Mining Ltd does not undertake any obligation to update or revise any information or any of the forward looking statements in this announcement or any changes in events, conditions or circumstances on which any such forward looking statement is based. 8 NSW DIGS report, First Annual Exploration Report EL5770, 2001 -R00030162 12 Appendix 1 Lachlan Copper- Gold Project Tenure EL9298 – Bengal & Damascus Prospects EL8658 – Rainbow Folds & The Pines Prospects EL8414 – Galway, Mayo and Kildare Prospects EL8571 – Carpina North & Stella Prospects 13 Appendix 2 JORC Tables Section 1 & 2 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) Criteria Sampling techniques JORC Code explanation • • Drilling techniques Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down-hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3kg was pulverised to produce a 30 g charge for fire assay’). In other cases, more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. • Drill type (e.g. core, reverse circulation, openhole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). Commentary • RC samples are collected at two metre intervals via a drill rig mounted cyclone and static cone splitter set to a 12% split to produce a nominal 4-7kg sample which was collected in a pre-numbered sample bag. • Sampling is controlled by Talisman protocols and QAQC procedures as per industry standard and a chain of custody maintained through transfer to ALS Laboratories in Orange, NSW • RC samples were dried, crushed (where required), split and pulverised (total prep) to produce a master pulp. From this master pulp, a 0.25g sub sample was taken for multielement analysis by four acid digest with an ICP-MS finish. A 30g sub sample was also taken for fire assay with ICPAES finish. • RC drilling cited in this report was undertaken by Resolution Drilling Pty Ltd using a UDR1200 multipurpose truck-mounted drill rig operating in a Reverse Circulation configuration. A truck-mounted booster and compressor provided high pressure air with an auxiliary compressor used where ground conditions warranted. RC drilling was completed with a face sampling hammer of nominal 150mm size. • Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. • Measures taken to maximise sample recovery and ensure representative nature of the samples. • • • • RC drill sample recovery is generally high with sample recoveries and quality recorded in the database by the logging geologist Sample recoveries were monitored in real-time by the presence of Talisman personnel at the drill site. No known relationship exists between recovery and grade and no known bias exists. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. 14 Criteria Logging Sub-sampling techniques and sample preparation Quality of assay data and laboratory tests Verification of sampling and assaying JORC Code explanation • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc.) photography. • The total length and percentage of the relevant intersections logged. • If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc. and whether sampled wet or dry. • For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. • Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. • Whether sample sizes are appropriate to the grain size of the material being sampled. • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometres, handheld XRF instruments, etc, the parametres used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established. • The verification of significant intersections by either independent or alternative company personnel. Commentary • • • • • • • • • • • • • • • • RC logging records lithology, mineralogy, mineralisation, alteration, structure, weathering, colour and other primary features of the rock samples and is considered to be representative across the intercepted geological units. RC logging is both qualitative and quantitative depending on the field being logged. All RC drill-holes are logged in full to end of hole. RC samples were dried, crushed (where required), split and pulverised (total prep) to produce a 0.25g sub sample for base metal analysis or a 30g sub sample for gold analysis by fire assay QAQC protocols for all RC sampling involved the use of Certified Reference Material (CRM) as assay standards. All QAQC controls and measures were routinely reviewed. Sample size is considered appropriate for geochemical sampling for base-metal and gold mineralisation given the nature of drilling and anticipated distribution of mineralisation. Field duplicates were collected at a 1 in 30 sample rate. QAQC protocols for all RC sampling involved the use of certified reference materials as assay standards, inserted at a 1 in 50 sampling rate. Blank samples were inserted at a 1 in 50 sampling rate using