Diamond Drilling Starts at Yarindury Porphyry Cu-Au Project
Released
Released
Announcement PDF
ASX:TLM 4December2025
ASX Announcement
Diamond Drilling Commences at Yarindury Porphyry
Copper-Gold Project, NSW
Drilling underway to assess two prominent geophysical anomalies in the porphyry copper-gold
rich Molong Belt in central NSW
Highlights:
Yarindury Project
East Yarindury Targets
• A 900m diamond drilling program comprising two initial holes has commenced at the Yarindury East
Prospect.
• Yarindury East contains a number of prominent chargeability and adjacent magnetic anomalies
prospective for porphyry-style copper-gold mineralisation similar to that discovered at several locations
within the Molong Belt.
• The drilling is testing two anomalies identified by recent Induced Polarisation-Magneto Telluric (IP-MT)
surveys located between drilling completed by Newcrest in 2017.
• Previous diamond drilling in nearby holes demonstrated:
• Depth of cover between 170m and 215m; and
• Altered Ordovician age rocks.
• Yarindury East is interpreted as the northern extension of the same prospective rock package which
contains the Boda-Kaiser deposit owned by Alkane Resources (ASX: ALK).
Talisman Mining (ASX: TLM, ‘Talisman’ or ‘the Company’) is pleased to advise that it has commenced a 900m
diamond drilling program at its Yarindury East Project, located approximately 30km north-east of Dubbo in NSW.
Yarindury (EL 9679) History and Location
Yarindury lies 20km north of and within the same prospective Molong Volcanic rock package as Alkane
Resources’ Boda-Kaiser porphyry copper-gold deposit.
The Yarindury area was vacant ground when Talisman applied for and was granted EL 9679 in August 2024.
Historical drilling by Golden Cross Resources and Newcrest Mining at the project between 2012 and 2017
comprised three deep diamond holes.
Two holes completed by Newcrest, MEMD0001 and MEMD0002, were targeted at magnetic highs and
demonstrated that the depth of the overlying Jurassic-age cover is between 170m and 215m (Table 1, Figure 2
and Figure 3).
Beneath the cover, the Newcrest holes intersected altered Ordovician-age Molong Volcanic rocks, which are the
host rocks for most of the porphyry copper-gold deposits in the Molong Belt (see TLM ASX announcements 5
August 2024, 30 October 2024, 25 July 2025 and 29 October 2025).
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ASX Announcement
Figure 1. DDH1 Diamond Drilling rig drilling at the Yarindury East Prospect.
Geophysical Survey and Drill Program Targets1
In July 2025, Talisman completed a combined Induced Polarisation-Magneto Telluric (IP-MT) survey at the
Yarindury East Prospect.
The survey, which consisted of three NE-SW oriented lines in a dipole-dipole (DDIP) configuration, was designed
to identify chargeable, potential sulphide-bearing bodies. See ASX announcement 25 July 2025.
The survey revealed several chargeability features, two of which were considered targets for interpreted
porphyry style copper-gold mineralisation (see Figure 2, Figure 3 and Figure 4).
The drill program just commenced, consists of 900m of drilling to provide an initial test of two prominent
geophysical features and will comprise 400-500m deep Mud Rotary and diamond drill holes aimed at each of
the chargeability features highlighted by the IP-MT survey.
Drilling at Yarindury commenced on 3 December and is expected to be completed before Christmas.
Note 1. ASX: TLM – 5 August 2024, 30 October 2024, 25 July 2025 and 29 October 2025
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ASX Announcement
Figure 1: Plan image showing location of Yarindury prospects, historical Newcrest and Golden Cross drill-holes,
TLM drilling and completed IP-MT lines over aeromagnetic imagery.
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ASX Announcement
Figure 3: NE-SW orientated composite section (looking NW, +/-200m window) showing IP chargeability model
contours, magnetic inversion iso-shells, historical Newcrest drill holes and planned Talisman drill holes.
Figure 4: NE-SW oriented section. The large chargeability model anomaly illustrated on the left side of the image
and targeted with diamond drilling exceeds 10mV/V and has dimensions of approximately 400m x 600m and
commences approximately 175m below surface.
Table 1: Drill-hole information summary.
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L&?%-&@.(A/$/$B(0.1 237C A)AM3332 MM 84C9C: 8:<99C3 <83 =93 3 <8<N:
F,"1&$(!-,@@(6&@,G-%&@( 2334 !FHI6337 6! 842;C2 8:<;34: <4; =93 3 2;2
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August2024
ASX Announcement
Management Comment
Talisman Mining Managing Director Andrew Munckton said: "We are pleased to see exploration activities
recommencing in NSW, with two exciting drill programs in progress.
“We now have a deep diamond drilling program underway to test newly identified chargeable features at
Yarindury East, part of our exciting Yarindury Project. Armed with the new IP-MT survey data, new targets and a
better understanding of the geological architecture of the region, we are looking forward to seeing what this
initial drilling can deliver.
“In addition, the air-core program that started in late November at the Sheepyard gold prospect is well
underway. At Sheepyard we are testing two additional high-tenor geochemical trends defined by the soil
geochemistry. Assays from both programs are expected in 4-6 weeks.”
–– Ends ––
For further information, please contact:
Andrew Munckton - Managing Director
+61 435 635 598
Nicholas Read (Media inquiries)
+61 419 929 046
This release has been authorised by the Board of Talisman Mining Limited.
August2024
ASX Announcement
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 several 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 secured access to over 1040 km2
of highly prospective tenure in South Australia’s Gawler
Craton known as the Mabel Creek Project. Mabel Creek is prospective for large scale Iron Oxide Copper Gold
(IOCG) deposits and intrusion related rare earths and battery metals mineralisation. Mabel Creek is surrounded
by similar tenure owned and being actively explored by Australia’s biggest resource companies including BHP,
Rio Tinto and FMG.
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 compiled by Mr Andrew Munckton, who is a
member of the Australasian Institute of Mining and Metallurgy. Mr Munckton 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
Munckton 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 forward-looking 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.
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ASX Announcement
Appendix 2
JORC Tables Section 1 & 2
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (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.
TLM MDD Process
• TLM’s diamond core samples are HQ3 in diameter and are
cut either in half or one-third longitudinally using an
automated Almonte core saw. Core is held securely in
boats during cutting to maintain sample integrity. Sample
intervals ranged from 0.3 to 1.3m in length, with most
samples aligned to 1m intervals or adjusted to honour
geological contacts.
• TLM diamond core sampling is controlled by protocols and
QAQC procedures as per industry standard and a chain of
custody maintained through transfer to ALS Laboratories in
Adelaide, SA.
• TLM diamond samples are 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 multi-element analysis by four acid digest
with an ICP-MS finish (ME-MS61) and analysis for Rare
Earths (MS61L-REE). A 30g sub sample was also taken for
fire assay for gold with ICP-AAS finish.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002: Half
core samples intervals varied from 0.2 to 2 m in length but
were predominantly aligned to 2m intervals. 3kg was
pulverised to produce a 50g charge for analysis by fire
assay (FA50/MS) and multi-element 4-acid digestion
(4AMS). Samples were prepared by Newcrest Laboratory
Services, Orange and dispatched to Intertek Laboratories,
Perth for analysis.
• Golden Cross Resources RC Hole GCYAR001: No
samples collected as basement magnetic target was not
intersected and hole was abandoned within Mesozoic
sediments.
• Clancy Exploration RC Hole SCR0001: Samples were
collected as 10m composites, unless encouraging signs
were observed, then samples were 1m composites. A total
of 11 samples were submitted for assay to ALS Orange.
Drilling
techniques
• Drill type (e.g. core, reverse circulation, open-
hole 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).
• TLM MR/Diamond Drilling will be undertaken by DDH1
Drilling Pty LTD using a Multipurpose UDR1200 truck
mounted rig. The core will be un-orientated due to vertical
holes.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002:
Diamond holes drilled by Deepcore Australia Pty Ltd using
a Moorooka-mounted LF130 core rig using triple tube
drilling equipment with pre-collars completed using mud-
August2024
ASX Announcement
Criteria JORC Code explanation Commentary
rotary. All drill core was orientated where possible using
the Reflex ACT III RD downhole Unit. Drill hole surveys
were conducted using a Reflex EZ-Trac instrument with
appropriate routine QC and calibration.
• Golden Cross Resources RC Hole GCYAR001: RC holes
drilled to 252m by Tom Browne Drilling. Vertical hole.
• Clancy Exploration RC Hole SCR0001: RC holes drilled to
156m by Techdrill Pty Ltd. Vertical hole.
Drill sample
recovery
• Method of recording and assessing core
and chip sample recoveries and results
assessed.
• Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
• Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.
• TLM MR/ Diamond Drilling Core recovery data is recorded
for each run by measuring total length of core retrieved
against the downhole interval drilled and stored in the
database. TLM representatives continuously monitor core
recovery and core presentation quality as drilling is
conducted and issues or discrepancies are rectified
promptly to maintain industry best standards.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002: Core
recovery was generally greater than 95%.
• Golden Cross Resources RC Hole GCYAR001: RC
recovery details were not included in historical report.
• Clancy Exploration RC Hole SCR0001: RC recovery details
were not included in historical report.
Logging • Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate
Mineral Resource estimation, mining
studies and metallurgical studies.
• Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc.) photography.
• The total length and percentage of the
relevant intersections logged.
TLM MR/ DD Process
• DD and MR logging are carried out on site once geology
personnel retrieve core trays from the drill rig site. Core is
collected from the rig daily.
• DD/ MR 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.
• All DD holes are logged in full to end of hole.
• Drillhole collar coordinates, azimuth, dip, depth and
sampling intervals are recorded. DD logging is to
geological contacts.
• MR/DD logging is both qualitative and quantitative
depending on the field being logged. Logging of diamond
drilling includes geotechnical data, RQD and core
recoveries.
• Drill core is photographed prior to any cutting and/or
sampling and then stored onsite in Talisman Core yard in
Condobolin. Photographs are available for every diamond
drillhole completed.
• Mud Rotary chips are photographed in trays.
• All information collected are entered directly into laptop
computers or tablets, validated in the field, and then
transferred to the database. The level of logging detail is
considered appropriate for exploration and to support
appropriate mineral resource estimation, mining studies,
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ASX Announcement
Criteria JORC Code explanation Commentary
and metallurgical studies.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002:
Geological logging was both qualitative and quantitative
and recorded lithology, mineralisation, alteration,
mineralogy, weathering, structural characteristics and other
physical characteristics of the core.
• Golden Cross Resources RC Hole GCYAR001: Geological
logging was both qualitative and quantitative and recorded
lithology of Mesozoic sediments. No basement was
intersected. Hole was abandoned in Mesozoic sediments.
• Clancy Exploration RC Hole SCR0001: Geological logging
was both qualitative and quantitative and recorded lithology
and recovery of Mesozoic sediments. No basement was
intersected.
Sub-sampling
techniques and
sample
preparation
• If core, whether cut or sawn and whether
quarter, half or all core taken.
• If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet
or dry.
• For all sample types, the nature, quality
and appropriateness of the sample
preparation technique.
• Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
• Measures taken to ensure that the
sampling is representative of the in-situ
material collected, including for instance
results for field duplicate/second-half
sampling.
• Whether sample sizes are appropriate to
the grain size of the material being
sampled.
TLM MR/ DD Processes:
• Diamond drill core (HQ) samples collected for analysis are
longitudinally cut in half, and quarters for the QAQC
samples using a using an automated Almonte core saw.
Core was placed in boats, holding core in place.
• Half core or quarter core sample intervals typically varies
from 0.3m to 1.3m in length. 1m sample intervals are
favoured and are the most common method of sampling,
however sample boundaries do principally coincide with
geological contacts. The remaining core is retained in core
trays.
• DD samples are 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 DD sampling involve the use of
Certified Reference Material (CRM) as assay standards.
• All QAQC controls and measures are 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 are collected at a 1 in 30 sample rate.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002: Half
core samples were prepared by Newcrest Laboratory
Services. DD samples were dried, crushed, split and
pulverised to produce 50g subsample for analysis by fire
assay (FA50/MS) and multi-element 4-acid digestion
(4AMS). QAQC protocols for all DD sampling involved the
use of Certified Reference Material (CRM) as assay
standards.
• Golden Cross Resources RC Hole GCYAR001: No
samples collected as basement was not intersected and
hole was abandoned in Mesozoic sediments.
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ASX Announcement
Criteria JORC Code explanation Commentary
• Clancy Exploration RC Hole SCR0001: Samples were
collected as 10m composites, unless encouraging signs
were observed, then samples were 1m composites. A total
of 11 samples were submitted for assay to ALS Orange.
QAQC protocol details were not included in historical
report.
Quality of assay
data and
laboratory tests
• The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
• For geophysical tools, spectrometers,
handheld XRF instruments, etc, the
parameters used in determining the
analysis including instrument make and
model, reading times, calibrations factors
applied and their derivation, etc.
• Nature of quality control procedures
adopted (e.g. standards, blanks,
duplicates, external laboratory checks) and
whether acceptable levels of accuracy (i.e.
lack of bias) and precision have been
established.
TLM MR & Diamond Drilling Procedures:
• MR drilling chips are not assayed.
• QAQC protocols for all DD 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 a certified reference material coarse blank.
• Field Duplicates were inserted at a 1 in 30 sampling rate.
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002:
QAQC protocols included Duplicates inserted at 1 in 20
and Certified Reference Standard inserted at 1:20.
• Golden Cross Resources RC Hole GCYAR001: No
samples collected as basement was not intersected and
hole was abandoned in Mesozoic sediments.
• Clancy Exploration RC Hole SCR0001: Sample quality
control details were not included in historical report.
Verification of
sampling and
assaying
• The verification of significant intersections
by either independent or alternative
company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
• Discuss any adjustment to assay data.
• Significant intercepts are verified by alternate company
personnel.
• Logging and sampling data is captured on laptops using
industry standard software.
• Assay data is uploaded to a secure database directly from
the CSV file provided by the laboratory.
• Primary laboratory assay data is always kept and is not
replaced by any adjusted or interpreted data
Historic Drilling
• Newcrest Diamond Holes MEMD0001 & MEMD0002: No
significant intercepts recorded. All primary logging,
sampling and assay data is available for download from the
NSW DIGS website as text files.
• Golden Cross Resources RC Hole GCYAR001: No
samples collected as basement was not intersected and
hole was abandoned in Mesozoic sediments. All primary
logging data is available for download from the NSW DIGS
website as text files.
• Golden Cross Resources RC Hole GCYAR001: No
significant intercepts recorded. All primary logging data is
available for download from the NSW DIGS website as text
files.
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ASX Announcement
Criteria JORC Code explanation Commentary
Location of data
points
• Accuracy and quality of surveys used to
locate drill-holes (collar and down- hole
surveys), trenches, mine workings and
other locations used in Mineral Resource
estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic
control.
• TLM MR/DD drill collar locations are pegged using a hand-
held GPS. Final collar locations are also picked up using a
hand-held DGPS unit with +/- 20cm accuracy. The
coordinate system used is the Geocentric Datum of
Australia (GDA) 1994. All coordinates are in the Map Grid
of Australia zone 53 (MGA), Universal Transverse
Mercator.
• The coordinate system used is the Geocentric Datum of
Australia (GDA) 1994. All coordinates are in the Map Grid
of Australia zone 55 (MGA), Universal Transverse
Mercator.
Historic Drilling
• Newcrest Diamond drill collar locations collected using
handheld GPS.
• Clancy and Golden Cross RC drill collar locations collected
using DGPS.
• The coordinate system used is the Geocentric Datum of
Australia (GDA) 1994. All coordinates are in the Map Grid
of Australia zone 55 (MGA), Universal Transverse
Mercator.
Data spacing
and distribution
• Data spacing for reporting of Exploration
Results.
• Whether the data spacing and distribution
is sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
• Whether sample compositing has been
applied.
• TLM Drill spacing vary depending on exploration
requirements.
• Historic Drill programs at Yarindury were vertical holes
focussed on magnetic highs as required.
• No mineral resource is being reported for the Projects.
• No sample compositing has been applied.
Orientation of
data in relation
to geological
structure
• Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
• If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to
have introduced a sampling bias, this
should be assessed and reported if
material.
• Historic Drill programs at Yarindury were vertical holes
focussed on magnetic highs as required.
Sample security • The measures taken to ensure sample
security.
• DD samples are transported from the project area by TLM
Staff and then stored on site at the Talisman Core shed
prior to submission. Samples were transported to ALS
Chemex Laboratories Adelaide by an accredited courier
service or by company personnel using secure company
vehicles.
Historic Drilling
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ASX Announcement
Criteria JORC Code explanation Commentary
• Newcrest diamond holes MEMD001 & MEMD002: Security
measure details were not included in historical report.
• Golden Cross Resources RC Hole GCYAR001: No
samples collected as basement was not intersected and
hole was abandoned in Mesozoic sediments.
• Clancy Exploration RC Hole SCR0001: Security measure
details were not included in historical reports.
Audits or
reviews
• The results of any audits or reviews of
sampling techniques and data.
• No external audits or reviews of the sampling techniques
and data have been completed.
Section 2 – Reporting of Exploration Results
(Criteria in the preceding section apply to this section)
Criteria JORC Code explanation Commentary
Mineral
tenement
and land
tenure status
• Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.
• The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.
• EL9679 is held 100% by Haverford Holdings a 100%
owned subsidiary of Talisman Mining.
• The tenement is in good standing and there are no existing
known impediments to exploration or mining.
Exploration
done by
other parties
• Acknowledgment and appraisal of exploration
by other parties.
• The Yarindury Copper-Gold Project has been subject to
exploration by several previous explorers including Golden
Cross Resources, Alice Queen Ltd and Newcrest Mining
Ltd.
• Exploration work has included diamond, RC drilling,
geological mapping, geological interpretation and
geophysics (airborne magnetics, ground gravity)
Geology • Deposit type, geological setting and style of
mineralisation.
• The Yarindury Copper-Gold Project lies within the Molong
Volcanic Belt of the Lachlan Fold belt in NSW.
• The Yarindury Copper-Gold Project is considered
prospective for Cu-Au porphyry style mineralisation.
Drill-hole
Information
• A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill-holes:
• easting and northing of the drill-hole collar
• elevation or RL (Reduced Level – elevation
above sea level in metres) of the drill-hole
collar
• dip and azimuth of the hole
• Historical drilling has been appropriately referenced to
source information (see Table 1 and historical reports
below).
• Historical Drilling Report References (NSW Resources
DIGS Site)
• Newcrest Ltd 2018 First Annual Exploration Report on
EL8565 (RE0010608).
• Golden Cross Resources 2008 Second and Final Annual
Exploration Report on EL6724 (R00030990).
August2024
ASX Announcement
Criteria JORC Code explanation Commentary
• down hole length and interception depth
• hole length.
• If the exclusion of this information is justified on
the basis that the information is not material and
this exclusion does not detract from the
understanding of the report, the Competent
Person should clearly explain why this is the
case.
• Clancy Exploration Ltd 2009 Third and Third Annual
Reports for the Period EL6536 (R00037963).
Data
aggregation
methods
• In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. cutting of high
grades) and cut-off grades are usually material
and should be stated.
• Where aggregate intercepts incorporate short
lengths of high grade results and longer lengths
of low grade results, the procedure used for
such aggregation should be stated and some
typical examples of such aggregations should
be shown in detail.
• The assumptions used for any reporting of metal
equivalent values should be clearly stated.
• No significant intercepts are reported.
Relationship
between
mineralisatio
n widths and
intercept
lengths
• These relationships are particularly important in
the reporting of Exploration Results.
• If the geometry of the mineralisation with
respect to the drill-hole angle is known, its
nature should be reported.
• If it is not known and only the down hole lengths
are reported, there should be a clear statement
to this effect (e.g. ‘down hole length, true width
not known’).
• Drill holes are planned as perpendicular as possible in
plan-view to intersect the geological targets.
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