Significant Cu-Au Discovery at Munarra Gully

Transcription

1 30 th August 2018 Significant Cu-Au Discvery at Munarra Gully Munarra Gully - M White Rse Prspect Cu-Au Discvery Significant disseminated sulphide mineralisatin in mafic intrusive rcks at the White Rse Prspect has returned: 1% Cu frm 29m cincident with 2.19 g/t Au frm 33m (WRRC001). C-incident cpper gld mineralisatin within rthpyrxenites includes 3.41 g/t Au frm 40m (maximum Au value g/t) in WRRC001. All fur RC drill-hles (tw lines, 160m apart) cmpleted at the White Rse Prspect returned strng cpper-gld sulphide mineralisatin in bth xide and primary znes. Other intercepts include: C-incident cpper gld mineralisatin % Cu frm 75m with 0.73 g/t Au frm 75m (WRRC002). C-incident cpper gld mineralisatin % Cu frm surface and 0.64% Cu frm 28m with 1.17 g/t Au frm 13m, 0.71 g/t Au frm 20m and 1.64 g/t Au frm 27m (WRRC003). Ptential Mafic Hsted Magmatic Sulphide System Cpper and gld sulphide mineralisatin assciated with fine t medium grain undifferentiated rthpyrxenite/nrite intrusive (mafic/ultramafic) rcks. Cpper and gld are assciated with chalcpyrite and brnite. The mineralisatin has very high Cu:Ni ratis with strng silver anmalism (t 11.4 g/t Ag). Platinum grup elements assay results are pending. The style f mineralisatin has similar characteristics t knwn large cpper rich mafic intrusive (rth-pyrxenite) depsits in Brazil (Caraiba mining district Cu reserve and histric prductin) and Suth Africa (Okiep mining district Kperberg 1.75% Cu histric prductin). Gld, silver and PGM s are assciated with these cpper depsits (further detail page 5). Rumble Resurces Ltd Suite 9, 36 Ord Street, West Perth, WA 6005 T F rumbleresurces.cm.au ASX RTR Executives & Management Mr Shane Sikra Managing Directr Mr Brett Keillr Technical Directr Mr Matthew Banks Nn-executive Directr Mr Michael Smith Nn-executive Directr Mr Steven Wd Cmpany Secretary Lag Sampling highlights Mafic Hsted Cu-Au Sulphide Ptential Lag (sil) sampling by Rumble has highlighted strng cpper anmalism ver 3.5km strike 4km t the suthwest f the White Rse Prspect. Cpper in lag anmalism (>400 ppm Cu) is supprted by strngly anmalus Cu Au grab sampling (Cu t 0.28% and Au t 2.11 g/t n previus explratin r wrkings). Rumble s Technical Directr, Mr Brett Keillr, said t have a significant cpper-gld discvery with Rumble s maiden RC drilling prgramme at Munarra Gully is exceptinal. Discvering the cpper-gld assciatin with disseminated sulphides highlights the ptential fr ecnmic cpper-gld bearing mafic/ultramafic intrusive related mineralised systems. The mineralisatin style bears clse resemblance t knwn atypical magmatic sulphide systems wrldwide where large wrld class cpper (gld) depsits have been histrically mined - the Caraiba Cu prvince in Brazil and the Okiep Cu prvince in Suth Africa are examples. Within the Munarra Gully Prject, Rumble has nly tested a small sectin f a ptential Cu Au bearing intrusive system. Limited sil gechemistry and aer-magnetic interpretatin has identified up t 8km f strike ptential. Lag (sil) sampling ver areas f less cver has highlighted 3.5km f significant cpper anmalism. The Munarra Gully prject has all year rund access and is clse t majr infrastructure and represents a ptential discvery and Rumble will fast track systematic explratin t delineate first rder cpper-gld drill targets.

2 Rumble Resurces Ltd (ASX: RTR) ( Rumble r the Cmpany ) is pleased t annunce that RC drilling assays have been received frm the recent Munarra Gully Cu-Au prjects maiden drill prgram which cnsisted f seven (7) RC hles fr 1149m. The Munarra Gully prject is lcated sme 50km NNE f the twn f Cue within the Murchisn Gldfields. Very significant cpper-gld RC drill intercepts discvered in fine t medium grain rthpyrxenitic rcks, ptentially represents a style f magmatic sulphide mineralisatin that is knwn t hst large cpper systems in Brazil and Suth Africa. Lag and grab sampling by Rumble has utlined ver 8km f strike ptential cinciding with a partly buried strng magnetic anmaly which has been inferred as the same hst rthpyrxenite. White Rse Cu-Au Prspect New Cu-Au Discvery Fur (4) drill-hles (WRRC-001 t WRRC-004) were designed t test the primary zne belw tw small pen cuts at the main White Rse Prspect. Tw traverses, 160m apart were cmpleted. Widespread cpper and gld mineralisatin in xidised ultramafic/mafic had been expsed in the pen cuts by the current wner. The pen cuts (active peratin) have a maximum depth f nearly 20m. Histric RAB drilling fcused n gld and was cnfined t shallw xide (vertical depth f 32m). All drill-hles (fur cmpleted n the White Rse Prspect) intercepted widespread significant cpper- gld mineralisatin. See Images 2 and 3 fr sectins. Cpper and gld are assciated with disseminated sulphide (chalcpyrite and brnite) mineralisatin hsted in rthpyrxenite (nrite) intrusive. RC drilling intercepts include: WRRC001 1% Cu frm 29m cincident with 2.19 g/t Au frm 33m. Maximum Cu was 2.66% (40-41m). Maximum Au was g/t (49-50m). WRRC % Cu frm 75m cincident with 0.73 g/t Au frm 75m. WRRC % Cu frm surface and 0.64% Cu frm 28m. In additin, 1.17 g/t Au frm 13m, 0.71 g/t Au frm 20m and 1.64 g/t Au frm 27m. WRRC % Cu frm 45m and 0.66% Cu frm 70m. 0.3% Cu and 0.3 g/t Au lwer cut-ff and true intercept width unknwn Apprximately 160m t the west f the White Rse Prspect a single RC hle (WRRC007) tested the inferred strike f the cpper-gld mineralisatin. The hle intercepted a late dlerite dyke which has intruded int the prspective zne thereby displacing the inferred mineralisatin (image 1). Image 1. Lcatin f RC Drill-hles with Significant Cu Au Intercepts White Rse Prspect

3 Image 2. RC Drill sectin E White Rse Prspect Image 3. RC Drill Sectin E White Rse Prspect

4 The disseminate sulphide mineralisatin at White Rse is hsted in generally fine grain undifferentiated rthpyrxenite/nrite t dlerite rck types. The rcks are magnetite bearing. Ag is strngly elevated (t 11.4 g/t Ag). PGE (platinum grup elements) assay results are pending. The higher rder cpper-gld mineralisatin lies within the mafic rcks immediately adjacent t the cntact with ultramafic (>10% Mg) rcks. The depsitin style is cnsidered very significant as it ptentially represents cpper bearing mafic/ultramafic intrusive related mineralisatin. Examples include the Caraiba Cu mining district in Brazil (prductin and reserve % Cu) and the Okiep (Kperberg) Cu mining district in Suth Africa (histric prductin % Cu) see verview sectin belw. Reginal Gechemistry - E51/1677 (image 4) Rumble has cnducted limited (400m by 100m spacing) lag gechemistry alng the inferred mafic/ultramafic lithlgical hrizn with additinal grab sampling within E51/1677. The area is lcated 4km suthwest f the White Rse Prspect. Lag sampling (107 samples taken) returned significant cpper, nickel and gld anmalism. Cpper returned up t 721 ppm in lag, nickel t 1800 ppm and Au t 72 ppb. Cpper anmalism ver 3.5km in strike cincided with inferred mafic/ultramafic (rthpyrxenites) frm aermagnetics. Grab sampling alng the cpper in lag anmalism (nly 3 samples cllected) returned up t 2.11 g/t Au and 0.28% Cu. There were n previus explratin r histric wrkings assciated with the grab sampling. Image 4. Lcatin f Cu in Lag Anmalism and Inferred Prspective Orthpyrxenite Large First Order Cnductr (see image 1) Tw (2) hles were cmpleted. The target is a large cnductive plate (470m by 260m) that lies 600m west f the White Rse prspect. The first hle (WRRC m depth) missed the target due t the presence f a late dlerite dyke. The hle lifted frm 70 t 45 and the azimuth mved 20. The secnd hle (WRRC m depth) was cmpleted by a larger capacity rig and was able t stay within tlerance with respect t intercepting the mdelled cnductr. Due t a blckage, the dwn-hle TEM survey (cmpleted 25 th August) was tested t 250m (dwn-hle depth). Results pending.

5 Overview f Mafic Intrusive Hsted Cpper (Au, PGM) Sulphide Depsits1, 2, 3, 4 In the Caraiba Cmplex, Bahia Prvince, Brazil, numerus mafic/ultramafic irregular shaped intrusins hsted chalcpyrite-brnite mineralisatin (predminantly in rthpyrxenite). The ttal reserve fr the cmplex (including histrical prductin) is estimated at % Cu. The depsits are atypical f magmatic depsits in that magnetite may be up t 50%. The cpper mineralisatin is typically 70% chalcpyrite: 30% brnite. In additin, very high Cu:Ni ratis are the nrm with assciated Au, Ag and PGM s. Gld is reprted t 22 g/t. The cpper bearing intrusives are hsted in amphiblite/granulite rcks (ultra-high temperature metamrphics). A similar style f cpper mineralisatin has been mined in the Okiep mining prvince in Suth Africa (Kperberg suite). Histrically sme % Cu was mined frm predminantly rthpyrxenites assciated with numerus irregular shaped mafic t ultramafic bdies with characteristic high Cu:Ni ratis and very strngly anmalus Au, Ag and PGM s. Next Steps Fast tracking explratin n the significant new Cu-Au discvery will invlve: PGM assays - results are pending. DHEM - awaiting mdelling and interpretatin results. Further surface gechemistry, gephysics and drilling will be cnducted based n methdlgies determined suitable by the abve criteria. Image 5. Lcatin f Munarra Gully Prject in Western Australia References -ENDS- 1. Maier, Wlfgang & Barnes, Sarah-Jane. (1999). The rigin f Cu sulfide depsits in the Curaca Valley, Bahia, Brazil: Evidence frm Cu, Ni, Se, and platinum-grup element cncentratins. Ecnmic Gelgy /gsecnge Cawthrn R G, Meyer F M Petrchemistry f the Okiep Cpper district basic intrusive bdies, Nrthwestern Cape Prvince, Suth Africa: in Ecn. Gel. v88 pp Lmbaard A F, Okiep Cpper Cmpany Limited The cpper depsits f the Okiep district, Namaqualand: in Anhaeusser C R, Maske S, (Eds.), 1986 Mineral Depsits f Suth Africa Gel. Sc. Suth Africa, Jhannesburg v2 pp Maier W D Platinum-grup elements in Cu-sulphide res at Carlusberg and East Okiep, Namaqualand, Suth Africa: in Mineralium Depsita v35 pp Shane Sikra Managing Directr Abut Rumble Resurces Ltd Rumble Resurces Ltd is an Australian based explratin cmpany, fficially admitted t the ASX n the 1st July Rumble was established with the aim f adding significant value t its current mineral explratin assets and will cntinue t lk at mineral acquisitin pprtunities bth in Australia and abrad. Cmpetent Persns Statement The infrmatin in this reprt that relates t Explratin Results is based n infrmatin cmpiled by Mr Brett Keillr, wh is a Member f the Australasian Institute f Mining & Metallurgy and the Australian Institute f Gescientists. Mr Keillr is an emplyee f Rumble Resurces Limited. Mr Keillr has sufficient experience relevant t the style f mineralisatin and type f depsit under cnsideratin and t the activity which he is undertaking t qualify as a Cmpetent Persn as defined in the 2012 Editin f the Australasian Cde fr Reprting f Explratin Results, Mineral Resurces and Ore Reserves. Mr Keillr cnsents t the inclusin in the reprt f the matters based n his infrmatin in the frm and cntext in which it appears.

6 Table 1. RC Drill-hle Lcatin and Survey Munarra Gully (GDA94 Z50) Hle_ID E W Azi(mag) Inc Depth(m) Cu Intercept - 0.3% Cu lwer cut-ff Au Intercept g/t Au lwer cut-ff Cmment WRRC % Cu frm 6m Beneath shallw pit 1% Cu frm 29m 2.19 g/t frm 33m inc 1.27 % Cu frm 38m inc 3.21 g/t Au frm 40m WRRC % Cu frm 49m 1.09 g/t Au frm 50m Beneath shallw pit 0.74% Cu frm 75m 0.73 g/t Au frm 75m 0.65% Cu frm 120m 0.41 g/t Au frm 119m 0.33% Cu frm 137m 0.49 g/t frm 148m 0.61% Cu frm 149m WRRC % Cu frm surface g/t Au frm 13m Beneath shallw pit 0.64% Cu frm 28m 0.71 g/t Au frm 20m 1.64 g/t Au frm 27m WRRC % Cu frm 45m 0.46 g/t Au frpm 53m Beneath shallw pit 0.66% Cu frm 70m 0.52 g/t Au frm 62m 0.41 g/t Au frm 70m WRRC NSR NSR Significant DH deviatin WRRC NSR 0.58 g/t Au frm 221m Pending Dwnhle TEM WRRC NSR NSR Intercept Dlerite Dyke C-rd GDA94 zne 50 NSR N significant Results

7 Sectin 1 Sampling Techniques and Data Criteria JORC Cde explanatin Cmmentary Sampling techniques Drilling techniques Drill sample recvery Lgging Nature and quality f sampling (e.g. cut channels, randm chips, r specific specialised industry standard measurement tls apprpriate t the minerals under investigatin, such as dwn hle gamma sndes, r handheld XRF instruments, etc.). These examples shuld nt be taken as limiting the brad meaning f sampling. Include reference t measures taken t ensure sample representivity and the apprpriate calibratin f any measurement tls r systems used. Aspects f the determinatin f mineralisatin that are Material t the Public Reprt. In cases where industry standard wrk has been dne this wuld be relatively simple (e.g. reverse circulatin drilling was used t btain 1 m samples frm which 3 kg was pulverised t prduce a 30 g charge fr fire assay ). In ther cases mre explanatin may be required, such as where there is carse gld that has inherent sampling prblems. Unusual cmmdities r mineralisatin types (e.g. submarine ndules) may warrant disclsure f detailed infrmatin. Drill type (e.g. cre, reverse circulatin, penhle hammer, rtary air blast, auger, Bangka, snic, etc.) and details (e.g. cre diameter, triple r standard tube, depth f diamnd tails, face-sampling bit r ther type, whether cre is riented and if s, by what methd, etc.).. Methd f recrding and assessing cre and chip sample recveries and results assessed. Measures taken t maximise sample recvery and ensure representative nature f the samples. Whether a relatinship exists between sample recvery and grade and whether sample bias may have ccurred due t preferential lss/gain f fine/carse material. Whether cre and chip samples have been gelgically and getechnically lgged t a level f detail t supprt apprpriate Mineral Resurce estimatin, mining studies and metallurgical studies. Whether lgging is qualitative r quantitative in nature. Cre (r cstean, channel, etc.) phtgraphy. The ttal length and percentage f the relevant intersectins lgged. The RC prgramme was first pass explratin t ascertain cntinuity and grade tenr f mineralisatin. N resurce drilling was cnducted. RC chip samples were taken every metre using a cne splitter attached t a cyclne. Subject t SG f material, sample weight fr each single metre ranged frm 15 t 20kg when dry. Sample weight when wet ranged frm 3 t 20kg. Standards, blanks and duplicates were taken fr each drillhle. Standards were taken every 30m. Standards used were OREAS 13b & 680. Blanks were taken every 30m OREAS C26c Duplicates were taken every 20m. Lag sampling was cmpleted n 400m by 100m pattern fllwing the inferred mineralised magnetic trend. The fractin was -6mm +2mm and 1kg f sample was cllected. A ttal f 107 lag samples were cllected and 3 grab samples. The RC drilling was cmpleted by Strike Drilling utilizing a track munted rig. The rig specs include a 3.5 in rd system with 400psi/1240cfm air. An additinal bster was als used. A secnd rig was used briefly fr the deeper hle. The rig (KWL700) utilized a 4.5in rd system. RC chips were cllected every metre fr analysis and a library sample was als cllected fr each sample in chip trays. Fault r shear znes were typically wet, hwever, these znes were nt the target fr the Cu Au mineralisatin. Each metre f sample frm the RC drilling was gelgically lgged. In additin, a pxrf was used t reprt indicative cpper mineralisatin. Als, each metre was tested by magsus meter. The purpse f the RC drilling was first pass explratin t assess mineralisatin style and grade tenr. N resurce drilling cmpleted. A ttal f 1149m (seven hles) was gelgically lgged and submitted fr analysis. Subsampling techniques and sample If cre, whether cut r sawn and whether quarter, half r all cre taken. If nn-cre, whether riffled, tube sampled, rtary split, etc. and whether sampled wet r dry. Fr all sample types, the nature, quality and All RC samples were cne split (bth wet and dry). The sample weight fr assays was >2 kg. Bth standards and blanks were used. Duplicates (taken every 20m) were identical

8 Criteria JORC Cde explanatin Cmmentary preparatin Quality f assay data and labratry tests Verificatin f sampling and assaying Lcatin f data pints Data spacing and distributin Orientatin f data in relatin t gelgical apprpriateness f the sample preparatin technique. Quality cntrl prcedures adpted fr all subsampling stages t maximise representivity f samples. Measures taken t ensure that the sampling is representative f the in situ material cllected, including fr instance results fr field duplicate/secnd-half sampling. Whether sample sizes are apprpriate t the grain size f the material being sampled. The nature, quality and apprpriateness f the assaying and labratry prcedures used and whether the technique is cnsidered partial r ttal. Fr gephysical tls, spectrmeters, handheld XRF instruments, etc., the parameters used in determining the analysis including instrument make and mdel, reading times, calibratins factrs applied and their derivatin, etc. Nature f quality cntrl prcedures adpted (e.g. standards, blanks, duplicates, external labratry checks) and whether acceptable levels f accuracy (i.e. lack f bias) and precisin have been established. The verificatin f significant intersectins by either independent r alternative cmpany persnnel. The use f twinned hles. Dcumentatin f primary data, data entry prcedures, data verificatin, data strage (physical and electrnic) prtcls. Discuss any adjustment t assay data. Accuracy and quality f surveys used t lcate drill hles (cllar and dwn-hle surveys), trenches, mine wrkings and ther lcatins used in Mineral Resurce estimatin. Specificatin f the grid system used. Quality and adequacy f tpgraphic cntrl. Data spacing fr reprting f Explratin Results. Whether the data spacing and distributin is sufficient t establish the degree f gelgical and grade cntinuity apprpriate fr the Mineral Resurce and Ore Reserve estimatin prcedure(s) and classificatins applied. Whether sample cmpsiting has been applied. Whether the rientatin f sampling achieves unbiased sampling f pssible structures and the extent t which this is knwn, cnsidering the depsit type. in weight t the main samples. Analysis by Intertek Genalysis Labs based in Maddingtn, Perth. The assay technique include. FA 25 g fr Au ICP-OES finish. Multi-element package using 4 acid digest with OE. (33 element) Rumble QA/QC and QA/QC internal labratry standards, blanks and duplicates. A pxrf (Olympus Delta 40kev) was used every metre t ascertain base metal anmalism (cpper). Lag sampling analysis was cmpleted by Intertek Genalysis, Maddingtn Perth. Assaying included: Au 25g FA Multi-element 33 element package with fur acid digest and OE finish. Grab sampling was the same methdlgy as the lag sampling. Intersectins cmpleted internally. N twinned hles cmpleted RC cllar psitins lcated by hand held GPS using GDA94 Z51 as datum. Lag and grab sample lcatins by hand held GPS with GDA94 Z51 datum. Drill hle spacing based n landwners active pen cuts. RC Drilling explratin nly. N cmpsiting cmpleted. Explratin RC drilling nly. Further testwrk will ascertain relatinship with intercepts and depsit type.

9 Criteria JORC Cde explanatin Cmmentary structure If the relatinship between the drilling rientatin and the rientatin f key mineralised structures is cnsidered t have intrduced a sampling bias, this shuld be assessed and reprted if material. Best effrts were applied t drill targeting f perceived mineralized trend at the time f planning f prgramme. Interpretatin f RC sectins indicate drilling nrmal t strike.. Sample security Audits reviews r The measures taken t ensure sample security. Directly sent t Lab in apprpriate tied plywven and calic bags The results f any audits r reviews f sampling techniques and data. Explratin RC drilling n external auditing cmpleted. Sectin 2 Reprting f Explratin Results Criteria JORC Cde explanatin Cmmentary Mineral tenement and land tenure status Explratin dne by ther parties Type, reference name/number, lcatin and wnership including agreements r material issues with third parties such as jint ventures, partnerships, verriding ryalties, native title interests, histrical sites, wilderness r natinal park and envirnmental settings. The security f the tenure held at the time f reprting alng with any knwn impediments t btaining a licence t perate in the area. Acknwledgment and appraisal f explratin by ther parties. M51/122 is granted and wned 100% by Radmin Pty Ltd. Rumble has ptin t acquire 80%. See annuncement dated 27 February 2018 fr terms. E51/1677 is granted and is 100% wned by Marjrie Ann Mlly. Rumble has ptin t acquire 80%. See annuncement dated 27 February 2018 fr terms. Explratin slely cmpleted by Rumble Resurces Gelgy Depsit type, gelgical setting and style f mineralisatin. Drill hle Infrmatin Data aggregatin methds A summary f all infrmatin material t the understanding f the explratin results including a tabulatin f the fllwing infrmatin fr all Material drill hles: easting and nrthing f the drill hle cllar elevatin r RL (Reduced Level elevatin abve sea level in metres) f the drill hle cllar dip and azimuth f the hle dwn hle length and interceptin depth hle length. If the exclusin f this infrmatin is justified n the basis that the infrmatin is nt Material and this exclusin des nt detract frm the understanding f the reprt, the Cmpetent Persn shuld clearly explain why this is the case. In reprting Explratin Results, weighting averaging techniques, maximum and/r minimum grade truncatins (e.g. cutting f high grades) and cut-ff grades are usually Material and shuld be stated. Where aggregate intercepts incrprate shrt lengths f high grade results and lnger lengths f lw grade results, the prcedure used fr such aggregatin shuld be stated and sme typical Target is Cu, Ni, C and precius metals. The style is cnsidered mafic related disseminated sulphide assciated with rthpyrxenitic intrusives. See Table 1. Fr RC drill hle data. Table 2. All relevant assays fr RC drill-hles WRRC001 t WRRC004. Table 3. All relevant assays fr lag sampling Table 4. All relevant assay fr Grab sampling cllected ver the Munarra Gully Prject Drill-hle intercepts are cnsidered recnnaissance explratin. The lwer cutff criteria used were 0.3 g/t Au and 0.3% Cu. Cu equivalents were nt used as the mineralizatin is partly xidized and the cnfirmatin f the cincident relatinship between Au

10 Criteria JORC Cde explanatin Cmmentary examples f such aggregatins shuld be shwn in detail. The assumptins used fr any reprting f metal equivalent values shuld be clearly stated. and Cu will be subject t further research. Relatinship between mineralisatin widths and intercept lengths These relatinships are particularly imprtant in the reprting f Explratin Results. If the gemetry f the mineralisatin with respect t the drill hle angle is knwn, its nature shuld be reprted. If it is nt knwn and nly the dwn hle lengths are reprted, there shuld be a clear statement t this effect (e.g. dwn hle length, true width nt knwn ). The mineralizatin is cnsidered t be steep nrth dipping. The intercept width is nt the true width f mineralisatin. Diagrams Apprpriate maps and sectins (with scales) and tabulatins f intercepts shuld be included fr any significant discvery being reprted These shuld include, but nt be limited t a plan view f drill hle cllar lcatins and apprpriate sectinal views. Image 1 - Lcatin f RC Drill-hles with Significant Cu Au Intercepts White Rse Prspect Image 2 - RC Drill sectin E White Rse Prspect Image 3 - RC Drill Sectin E White Rse Prspect Balanced reprting Other substantive explratin data Further wrk Where cmprehensive reprting f all Explratin Results is nt practicable, representative reprting f bth lw and high grades and/r widths shuld be practiced t avid misleading reprting f Explratin Results. Other explratin data, if meaningful and material, shuld be reprted including (but nt limited t): gelgical bservatins; gephysical survey results; gechemical survey results; bulk samples size and methd f treatment; metallurgical test results; bulk density, grundwater, getechnical and rck characteristics; ptential deleterius r cntaminating substances. The nature and scale f planned further wrk (e.g. tests fr lateral extensins r depth extensins r large-scale step-ut drilling). Diagrams clearly highlighting the areas f pssible extensins, including the main gelgical interpretatins and future drilling areas, prvided this infrmatin is nt cmmercially sensitive. Image 4 - Lcatin f Cu in Lag Anmalism and Inferred Prspective Orthpyrxenite Table 2. Presents all assays fr RC drill-hles WRRC001 t WRRC004. Lag sampling gechemistry highlights the inferred rthpyrxenite trend which is the hst t cpper and gld mineralizatin at the White Rse Prspect. Select PGM s assay results pending. Planned XRD analysis t ascertain mineral species is planned. Dwn-hle TEM cmpleted 26 th Aug. Results and interpretatin pending.

11 Table 2. Drill-hle Assay Results WRRC001 t WRRC004 Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC

12 Table 2. Cntinued - Drill-hle Assay Results WRRC001 t WRRC004 Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC

13 Table 2. Cntinued - Drill-hle Assay Results WRRC001 t WRRC004 Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC

14 Table 2. Cntinued - Drill-hle Assay Results WRRC001 t WRRC004 Hle ID Frm T Au g/t Ag ppm Cu % Ni % S % WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC WRRC

15 Table 3. Lcatin and Assays Lag Sampling Sample ID LAG East Nrth Au ppb Cu Ni Sample ID LAG East Nrth Au ppb Cu Ni MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL MGSL