Reporting of Exploration Results Sample Clauses
The 'Reporting of Exploration Results' clause defines the requirements and standards for disclosing findings from geological or mineral exploration activities. It typically outlines the type of information that must be reported, such as the location, nature, and significance of discoveries, and may require adherence to recognized industry codes or guidelines. This clause ensures that all stakeholders receive accurate, consistent, and transparent information about exploration outcomes, thereby supporting informed decision-making and maintaining market integrity.
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.)
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.) 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. • The A1 Gold Mine is located wholly within MIN5294. This license is 100% owned by Centennial Mining Limited (“Centennial” or “CTL” or “Company”) and is in good standing. • The A1 Mine is located approximately 75km southeast of Mansfield in northeast Victoria (approximately 15km northwest of ▇▇▇▇▇ Point). • In 2012 A1 Consolidated Gold Limited (AYC) acquired the rights to the asset from Heron Resources Ltd (HRR). • In 2017 AYC was renamed Centennial Mining Limited. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • The A1 Gold Mine has been an active mine since 1861 with an extensive list of previous owners and tenement consolidations. Most recently before A1 Consolidated, the tenement was held by ▇▇▇▇▇▇▇’▇ Creek Gold Mine Pty Ltd which consolidated the 3 mining leases MIN5375, MIN5326, and MIN5294. • Heron Resources who conducted the 2009-2011 L7 drilling program and commenced decline development. Geology • Deposit type, geological setting and style of mineralisation. • The project area lies within the ▇▇▇▇▇ Point – Walhalla Synclinorium structural domain of the Melbourne Zone, a northwest trending belt of tightly folded Early Devonian Walhalla Group ▇▇▇▇▇ turbidites. The domain is bounded by the Enoch’s Point and ▇▇▇▇’▇ Creek Faults, both possible detachment-related splay structures that may have controlled the intrusion of the ▇▇▇▇▇ Point ▇▇▇▇ Swarm and provided the conduits for gold bearing hydrothermal fluids. The local structural zone is referred to as the ▇▇▇▇ Creek Fault Zone. • Most gold mineralisation in the ▇▇▇▇▇ Point to ▇▇▇▇▇▇▇’▇ Creek corridor occurs as structurally controlled quartz vein-shear zone systems hosted by dioritic dyke bulges. The A1 Mine is central to this corridor. • Recent level development and drilling has identified a series of east and west dipping dilationally brecciated quartz rich shear zones, referred to locally as reefs, with varying widths from 10 cm to severa...
Reporting of Exploration Results. (Criteria listed in section were documented by Kalamazoo Resources in support of their 2023 Independent Mineral Resource Estimate for the Ashburton Gold Project. The criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. • Mining tenements M52/639, M52/640, M52/734 and M52/735 and exploration tenements E52/1941, E52/3024 and E52/3025 are wholly owned by KZR and there are no heritage issues with the prospects or tenement. • A 2% Net Smelter Royalty on the first 250,000 oz of gold produced and a 0.75% net smelter royalty is held by Northern Star Resources and a 1.75% royalty on gold production excluding the first 250,000oz is held by Vox Royalty Australia Pty Ltd (previously held by Sipa Resources). • M52/639 was granted in 1996, renewed in 2018, now expiring on 27/05/2039. • M52/640 was granted in 1997, renewed in 2018, now expiring on 27/05/2039. • M52/734 was granted in 2001, renewed in 2022, now expiring on 08/05/2043. • M52/735 was granted in 2001, renewed in 2022, now expiring 08/05/2043. • E52/1941-I was granted 14/09/2007, expiring 13/09/2023. • E52/3024 was granted in 2015, expiring 17/06/2025. • E52/3025 was granted in 2015, expiring 17/06/2025 Criteria JORC Code explanation Commentary Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Previous exploration was conducted by BP Minerals and the Shell/Billiton-Austamax Mt ▇▇▇▇▇▇▇ Joint Venture between 1987 and 1989 comprising regional drainage geochemical surveys, soil geochemistry, geological mapping, costeaning and drilling. Mt Olympus was discovered by regional stream sediment sampling 1988, with assays up to 79 ppb BLEG gold and 122 ppm arsenic. • In 1996 Sipa entered into Dublin Hill Joint Venture agreements with Mt King Mining and Arcadia Minerals NL. Follow up drilling by ▇▇▇▇ in 1996 delineated a substantial gold resource at Mt Olympus. Geological mapping led to the discovery of the Zeus prospect, 1 km east of Mt Olympus. The ▇▇▇▇▇ deposit was also...
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.) 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. • The sampling was undertaken across 20 granted exploration and mining licences as well as over ‘open’ unpegged ground. • Granted licences have an area of approximately 1,658 km2 and are held by ▇▇▇▇ ▇▇▇▇▇ and with whom ▇▇▇▇▇ has signed a term sheet in respect to the acquisition of the permits. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • The Company is not aware of any previous exploration undertaken in the area apart from ad hoc artisanal mining, mainly for agate and as described for Copper.
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.) 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. • Paynes Find Details of tenements and terms of acquisition are provided in the body of the text. E59/2055, E59/2032, E59/2312 and P59/2085 partilly covered by Pastoral leases. The tenements are all granted and in good standing with DMIRS. Birrindudu Tenements numbers are EL32051 and EL32052.The tenements are in application phase. The tenements are held in a wholly owned subsidiary of Oakajee Corporation Limited. No registered native title claims. Birrindudu Indegenous Land Use Agreement (28/4/2005) Covers both application areas. This is not believed to be an impediment to the grant of the tenements. The tenement are on the Riveren Pastoral Lease. The tenements are still in the application stage. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Paynes Find The project area covers a historical gold camp, which has been subject to prospector and exploration campaigns by a number of companies. Companies that have completed campaigns of significance over parts of the current tenure include 1970-1972 Hawkstone Minerals, 1982 Resource Exploration NL 1982 Jaystone Exploration Pty Ltd, 1983-1986 ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ syndicate, 1988 -1990 Finder Gold NL,1993-1999 Homestake Australia Pty Ltd, 2012-2013 McNab Syndicate, 2012-2017 Red Dragon Gold NL. Birrindudu Previous explorers in the area have included Trend Exploration 19741 -1974, Western Mining Corporation Limited 1984, Otter Gold and JV partners 1997-2007, Ausquest 2003-2006, Independence Group Limited 2010-2014.
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.) 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. • The Contact and Contact North Deposits sit wholly within Exploration licence E46/787 in the Wandanya locality in the East Pilbara. The registered owner of the tenement is Edge Minerals Ltd (formerly Edge Minerals Pty Ltd). There are no existing royalties or joint venture agreements in place for the licence. • Trek Metals Limited has entered into a binding agreement to acquire Edge Minerals Ltd subject to regulatory and shareholder approvals. A full list of Edge tenure is provided in Appendix 3. Note Bellpiper Pty Ltd is also a wholly owned subsidiary of Edge Minerals Ltd. • Exploration licence E46/616 & R46/7 are subject to an on-going joint venture arrangement whereby Edge Minerals Pty Ltd have an 80% share and Planet Mining Pty Ltd (In Liquidation) have a 20% free carried position. ▇▇▇▇▇▇▇▇▇ Mining Plc (In Liquidation) also have a royalty linked to E46/616. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • All exploration at South Woodie Wooide was conducted by Spitfire Resource Limited during the period 2008 – 2017. • No known previous exploration for Manganese has been undertaken by other parties in this area.
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section). 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. • The Okvau Gold Deposit is located on the 11.5km2 Industrial Mining Licence (No. 0003 ME GDMR L). The licence is held (100%) in the name of Renaissance Minerals (Cambodia) Ltd, a wholly owned Cambodian subsidiary of Renaissance Minerals Ltd. Emerald Resources NL owns 100% of Renaissance Minerals Ltd. • The tenure is considered to be completely secure. • The Okvau Industrial Mining Licence is located within the broader Phnom Prich Wilderness Sanctuary area however located inside the ‘sustainable use’ area which allows for commercial development under Cambodian Laws. • The Royal Government of Cambodia (via the Ministry of Mines and Energy) is very supportive of the Project and has provided the company with all necessary licences/permits for construction and development of the project. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • Renaissance Minerals (Cambodia) Ltd was acquired by Renaissance Minerals Ltd (ASX RNS) in May 2012 and was formerly named OZ Minerals (Cambodia) Ltd when it was a 100% owned subsidiary of OZ Minerals Ltd. OZ Minerals was formed in 2009 by the merger of Oxiana Ltd (who initiated the Okvau Project) and Zinifex. • Oxiana and OZ Minerals completed the following work at Okvau between 2006 and 2011: a resource drill-out of the Okvau deposit; plus a regional geological interpretation of Landsat imagery; stream sediment geochemistry, with some soil sampling follow-up; airborne magnetic and radiometric surveys over both ELs, and various ground geophysical surveys (including gradient array IP); geological mapping and trenching; and the initial drill testing of various exploration targets.
Reporting of Exploration Results. Criteria JORC Code explanation Commentary
Reporting of Exploration Results. (Criteria listed in the preceding section also apply to this section.) 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 tenements (specifically EPM 27537) referred to in this release is held by Nuclear Energy Pty Ltd. EPM27700 is held by Revolution Minerals Pty Ltd, ▇▇▇▇▇▇ Minerals Ltd acquired 85% of the tenements and the tenements are in the process of being transferred to ▇▇▇▇▇▇ Minerals Ltd name. • 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. • The tenements are secure under Qld legislation. • EPM25357 is owned by Nuclear Energy Pty Ltd and CPM has entered a HOA for 100% acquisition of the tenement (see details this release) Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. • The historical tenure reports indicated that several companies have explored the project area over the last 50 years. Exploration has mainly consisted of geochemical sampling of rock and soil. Geological mapping and acquisition of airborne magnetics. Limited historical drilling is recorded within the Qld Government database “GeoResGlobe”.
Reporting of Exploration Results. (Criteria in this section apply to all succeeding sections.)