VANCOUVER, BC, Feb. 8, 2023
/CNW/ - Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) ("Orla" or
the "Company") is pleased to provide an update on its exploration
activities on its South Railroad Project ("South Railroad" or "the
project") in 2022 and an overview of exploration plans for 2023 in
Nevada.
2022 Exploration Highlights: South
Railroad (Nevada)
- The resumption of exploration activities in mid-2022 resulted
in promising drill results from multiple satellite oxide
mineralized zones and targets across the 21,000-hectare South
Railroad land package.
- Infill and selected step-out drilling was performed with the
objective to upgrade inferred resources at the Pinion SB, POD,
Sweet Hollow and Jasperoid Wash oxide deposits, define potential
new resources at the Dixie mineralized zone, and advance the
early-stage LT target.
- Inferred mineral resource estimates for Pinion SB, POD, Sweet
Hollow, and Jasperoid Wash are expected to be updated in the second
half of 2023, incorporating assay and metallurgical test study
results from the 2022 core and reverse circulation ("RC") drill
program, as well as from historical drill holes.
- Notable 2022 RC drill results (core hole results
pending)1:
Oxide Resource Targets
•
|
Pinion SB
|
PR22-01
|
0.85 g/t Au over
53.3 m (Oxide), and
|
|
|
|
1.03 g/t Au over
32.0 m (Oxide)
|
•
|
POD
|
POD22-15
|
4.87 g/t Au over
25.9 m (Transition), incl. 8.52 g/t Au over 13.7m
(Oxide)
|
|
|
POD22-09:
|
1.37 g/t Au over
21.3m (Oxide) & 4.96 g/t Au over 24.4m
(Sulphide)
|
•
|
Sweet Hollow
|
SH22-03:
|
0.52 g/t Au over
35.1 m (Oxide)
|
|
|
SH22-04:
|
0.41 g/t Au over
32.0 m (Oxide)
|
•
|
Jasperoid
Wash
|
JW22-04:
|
0.62 g/t Au over
18.3 m (Transition)
|
|
|
JW22-03:
|
0.29 g/t Au over
38.1 m (Oxide)
|
Oxide Advanced-Stage
Exploration Target
|
|
•
|
Dixie
|
DX22-06:
|
0.81 g/t Au over
19.8 m (Oxide)
|
|
|
DX22-04:
|
1.77 g/t Au over
10.7 m (Transition)
|
Oxide Early-Stage
Exploration Target
|
|
•
|
LT
|
LT22-01:
|
0.53 g/t Au over
21.3 m (Oxide)
|
"Our short but effective drill program in 2022 successfully
confirmed significant mineralization at multiple satellite zones
and targets on the South Railroad Project. We believe there are
immediate opportunities to upgrade and potentially increase oxide
resources on our land package, which could ultimately strengthen
project economics," said Sylvain
Guerard, Senior Vice President, Exploration, of Orla. "New,
highly prospective oxide and sulphide targets have also been
outlined for drilling in 2023. The team is excited to be ramping up
exploration activities directed toward making new discoveries on
the Carlin Trend."
Current Mineral Reserve
Estimate
|
Tonnes
|
Gold
|
Silver
|
Gold
|
Silver
|
(000's)
|
(g/t)
|
(g/t)
|
(koz)
|
(koz)
|
Dark Star
Proven
|
6,911
|
1.27
|
|
282
|
|
Pinion
Proven
|
2,049
|
0.76
|
6.64
|
50
|
437
|
Proven
Total
|
8,960
|
1.15
|
|
333
|
437
|
Dark Star
Probable
|
22,248
|
0.78
|
|
557
|
|
Pinion
Probable
|
33,992
|
0.65
|
5.22
|
714
|
5,700
|
Probable
Total
|
56,239
|
0.70
|
|
1,271
|
5,700
|
P&P
Total
|
65,199
|
0.77
|
|
1,604
|
6,137
|
Current Mineral Resource
Estimate
|
Tonnes
|
Gold
|
Silver
|
Gold
|
Silver
|
(000's)
|
(g/t)
|
(g/t)
|
(koz)
|
(koz)
|
Dark Star
Measured
|
7,225
|
1.24
|
|
288
|
|
Pinion
Measured
|
2,336
|
0.73
|
6.5
|
55
|
488
|
Measured
Total
|
9,561
|
1.12
|
|
343
|
488
|
Dark Star
Indicated
|
24,567
|
0.79
|
|
625
|
|
Pinion
Indicated
|
41,193
|
0.62
|
5.0
|
816
|
6,617
|
Indicated
Total
|
65,761
|
0.68
|
|
1,441
|
6,617
|
M&I
Total
|
75,322
|
0.74
|
|
1,784
|
7,105
|
Dark Star
Inferred
|
1,176
|
0.50
|
|
19
|
|
Pinion
Inferred
|
1,178
|
0.40
|
2.4
|
15
|
92
|
Jasperoid Wash
Inferred
|
11,939
|
0.34
|
|
130
|
|
POD / Sweet Hollow /
South Lodes Inferred
|
4,665
|
0.98
|
|
145
|
|
North Bullion – Open
Pit Inferred
|
2,849
|
3.75
|
|
345
|
|
North Bullion –
Underground Inferred
|
457
|
4.49
|
|
66
|
|
Inferred
Total
|
22,264
|
1.00
|
|
720
|
92
|
Rounding as required by
reporting guidelines may result in apparent discrepancies between
tonnes, grade, and contained metal content. Mineral Resources are
inclusive of Mineral Reserves. Additional information can be found
in the South Railroad Project Technical Report entitled "Form
43-101F1 Technical Report Feasibility Study, Elko County, Nevada"
and dated March 14, 2022, available at https://orlamining.com and
under the Company's profile on SEDAR at www.sedar.com and EDGAR at
www.sec.gov.
|
2022 Exploration: South Railroad
(Nevada)
South Railroad is a feasibility-stage heap leach project that is
currently in the permitting stage. The feasibility study on the
project contemplates open pit mining of the Dark Star and Pinion
deposits. South Railroad is situated within a prospective land
package, referred to as the Railroad-Pinion property, along the
prolific Carlin Trend, which provides opportunities for future
resource expansion and conversion, and the discovery of new
deposits. Orla is actively exploring the land package in parallel
with permitting and development of the heap leach project.
The project covers a strike length of over 25 kilometres along
the southern end of the prolific Carlin
Gold Trend, Nevada. The
Carlin Trend consists of multiple deposits containing a huge gold
endowment of >100 million ounces. Gold mineralization at South
Railroad occurs mainly as disseminated Carlin-type ore-stage pyrite
in stratiform breccia and stratigraphic horizons within a complex
fault network. The property hosts multiple zones of oxide,
transition and sulphide mineralization, throughout the entire land
package, with current Proven & Probable Reserves of
1.6 M oz (65.2 Mt @ 0.77 g/t Au) and
Measured and Indicated Resources of 1.8
M oz (75.3 Mt @ 0.74 g/t Au). Multiple high priority
exploration targets have been defined and provide excellent upside
potential for the discovery of new deposits.
Exploration at South Railroad in 2022 focused on oxide resource
definition and expansion at multiple targets. Upon taking ownership
of the South Railroad project in August
2022, Orla accelerated exploration activities and expanded
the project's 2022 program. The program objectives included: 1)
confirming historical drill results, and 2) providing additional
information, including increased drill hole spacing density,
specific gravity measurements and material for preliminary
metallurgical test work necessary for mineral resources estimation
upgrade and growth. 2022 RC drill assay results are in line with
historical drilling data at each of the drilled targets. Mineral
resource estimates for Pinion SB, POD, Sweet Hollow, and Jasperoid
Wash mineralized zones, and at the Dixie target, are planned for
2023.
In total, 10,573 metre of drilling (9,796 metres of RC in 61
holes and 777 metres of core in 7 holes) were completed at South
Railroad in 2022. All RC assay results have been received and are
presented in this news release. Assay results for drill core holes
remain pending. Selective core material will be used for
metallurgical test study planned for the second quarter 2023.
Pinion SB – Resource Expansion:
The Pinion SB mineralized zone is contiguous and southeast of
the Pinion deposit. Orla completed 12 RC holes (2,874 drill metres)
in 2022. Drilling successfully demonstrated continuity of the oxide
gold mineralization extending southeast over a redefined strike
length of 420 metres and from 115 to 190 metres vertical depth.
Mineralization remains open along strike. The Pinion deposit and
Pinion SB Zone are hosted in a northwest-trending structural zone,
at the Devil's Gate / Tripon Pass – Webb formations karsted contact, within
the south-plunging nose of the Bullion Anticline. An updated
resource estimate is planned for the second half of 2023.
Notable results:
- PR22-01: 0.85 g/t Au over 53.3
m (Oxide) from 109.7
m
- PR22-01: 1.03 g/t Au over 32.0
m (Oxide) from 176.8
m
- PR22-07: 1.10 g/t Au over 27.4
m (Oxide) from 210.3
m
- PR22-01: 1.61 g/t Au over 18.3
m (Oxide) from 225.6
m
- PR22-02: 0.46 g/t Au over 62.5
m (Oxide) from 80.8 m
POD – Resource Expansion:
The POD zone is located in the northern part of the
property, 1.5 km south-southwest of the North Bullion deposit. POD
geological setting is similar to Newmont's Rain deposit located to
the north of the property. In 2022, 18 RC holes (1,475 drill
metres) and two core holes (195 metres) were completed at
POD. Drilling intersected significant transition and sulphide,
including high grade (>4 g/t Au) gold mineralization confirming
shallow positive historical drill results. POD mineralization is
hosted in the Mississippian Chainman Formation along a
northwest-southeast trending structural zone. An updated
resource estimate is planned for the second half of 2023.
Notable results:
- POD22-15: 4.87 g/t Au over 25.9
m from 30.5 m
(Transition), incl. 8.52 g/t Au over 13.7m (Oxide)
- POD22-09: 1.37 g/t Au over 21.3
m (Oxide) from 18.3 m,
and 4.96 g/t Au over 24.4
m (Sulphide) from 39.6
m
- POD22-08: 1.51 g/t Au over 12.2m (Oxide) from 22.9 m, and 4.12 g/t Au over 35.1m (Sulphide) from 36.6 m
- POD22-04: 2.16 g/t Au over 22.9
m (Transition) from 33.5
m
- POD22-14: 1.52 g/t Au over 19.8m (Oxide) & 2.72 g/t Au over
32.0m (Sulphide) from
16.8 m
Sweet Hollow – Resource Expansion:
The Sweet Hollow mineralized zone is located in the northern
part of the property near the POD mineralized zone, and 1.25 km
southwest of the North Bullion deposit. This is a similar
geological setting to Newmont's Emigrant deposit located to the
north of the property. Seven RC holes (628 metres) and 3 core holes
(171 metres) were completed at Sweet Hollow in 2022. Drilling
intersected oxide mineralization, confirming near surface positive
historical drill results. Sweet Hollow gold mineralization is
hosted in Devil's Gate / Tripon Pass – Webb formations karsted contact along the
north-northeast trending Bullion Fault. An updated resource
estimate is planned for the second half of 2023.
Notable results:
- SH22-03: 0.52 g/t Au over 35.1
m (Oxide) from 41.1 m
- SH22-04: 0.41 g/t Au over 32.0
m (Oxide) from 16.8 m
- SH22-05: 0.38 g/t Au over 29.0
m (Oxide) from 1.5 m
- SH22-05: 0.31 g/t Au over 30.5
m (Oxide) from 36.6 m
Jasperoid Wash – Resource Expansion:
Jasperoid Wash is located 10 km south of the Pinion deposit.
Gold mineralization is currently defined over 140 metres vertically
starting at surface. Eight RC holes (1,222 metres) were completed
at Jasperoid Wash in 2022. Drilling intersected oxide, transition,
and sulphide mineralization, confirming positive historical drill
results. The mineralized zone is hosted in Pennsylvania – Permian formations sedimentary
breccia and Tertiary intrusive rocks bounded by two north trending
regional structures known as the Westport and Eastport Faults. An updated
resource estimate is planned for the second half of 2023.
Notable results:
- JW22-04: 0.62 g/t Au over 18.3
m (Transition) from 30.5
m
- JW22-03: 0.29 g/t Au over 38.1
m (Oxide) from 71.6 m
- JW22-06: 0.24 g/t Au over 27.4
m (Oxide) from 18.3 m, and
0.37 g/t Au over 15.2 m
(Oxide) from 67.1 m
Dixie – Advanced Exploration, Resource Definition:
Dixie is located 3.4 km to the south of the Dark Star deposit
along a north-trending regional structure known as the Ridgeline
Fault. Twelve RC holes (2,615 metres) and 2 core holes (411 metres)
were completed at Dixie in 2022. No resource exists at Dixie and an
initial resource estimate is planned for 2023 using both historical
results and 2022 RC and core drilling completed by Orla, along with
drill core material to be used for metallurgical studies. Gold
mineralization is hosted in Pennsylvanian – Permian Formations
sedimentary rocks and is currently defined over 200 metres, ranging
from 75 to 300 metres below surface and remains open to the
south.
Notable results:
- DX22-06: 0.50 g/t Au over 35.1
m (Transition) from 74.7
m, and 0.81 g/t Au over 19.8
m (Oxide) from 109.7
m
- DX22-04: 1.77 g/t Au over 10.7
m (Transition) from 163.1
m, and 0.62 g/t Au over 15.2
m (Oxide) from 207.3
m
- DX22-01: 0.47 g/t Au over 36.6
m (Transition) from 149.4
m
LT – Early-Stage Exploration:
The LT target is located 3 km northwest of the Pinion deposit.
Selected historical significant oxide intercepts at LT includes:
30.5 m of 0.78 g/t Au
(LT20-08) and 39.6 m of 0.76 g/t
Au (LT21-02). Oxide mineralization at LT starts at the surface
and is open along strike to the north and at depth. Mineralization
is currently defined over a strike length of 600 metres and from
surface to 115 metres vertically. Two RC holes were drilled in 2022
(335 drill metres) with one hole (L22-01) intersecting positive
oxide gold mineralization from surface. The second hole was drilled
off trend and did not return significant results. A soil
geochemical survey was also performed in 2022 to define extension
of the mineralization to the north and orient follow-up drilling.
Partial soil results received thus far suggest gold mineralization
may extend north of LT. The LT target is hosted in the
north-trending LT Fault at the permissive Devil's Gate / Tripon
Pass – Webb formations karsted
contact.
Notable result:
- LT22-01: 0.53 g/t Au over 21.3
m (Oxide) from 0.0 m
2023 Exploration Plans &
Strategy: South Railroad (Nevada)
A $10 million exploration budget
is planned in Nevada in 2023 which
would include approximately 22,400 metres of drilling (16,500
metres of RC drilling and 5,900 metres of core).
Resource Definition and Expansion + New Discoveries:
Multiple targets, including the extension of known
mineralization (deposits) and newly developed targets supported by
geology, geochemistry, and geophysical data, have been defined by
Orla. Key exploration targets to be drilled in 2023 include Pinion
SB, as well as extensions of mineralization at Jasperoid Wash,
Dixie, POD, Sweet Hollow, and North Bullion. Target design focuses
on primary structural controls (north–south and
west-northwest–east-southeast striking structures), especially
where these structures intersect and crosscut favourable
stratigraphic horizons.
There is potential for the discovery of additional satellite
deposits, including Carlin-, epithermal- and skarn-type gold and
base metal mineralization, throughout the district in many areas
that have not been thoroughly tested. Targets with potential for
new discoveries occur in various parts of the property and include
LT, Webb, Millie, Quick, Davis,
CC, Ranch, Hidden Star, Porter, Robinson, Willow, and South Dome. In addition
to drill testing some of these less advanced targets, geological
mapping and geochemical surveys are planned to advance early-stage
targets to the drill-stage and to develop new exploration
targets.
Qualified Persons Statement
The scientific and technical information in this news release
has been reviewed and approved by Mr. Sylvain Guerard, P Geo., SVP Exploration of the
Company, who is the Qualified Person as defined under the
definitions of National Instrument 43-101 ("NI 43-101").
To verify the information related to the 2022 drilling programs
at the South Railroad property, Mr. Guerard has visited the
property in the past year; discussed logging, sampling, and sample
shipping processes with responsible site staff; discussed and
reviewed assay and QA/QC results with responsible personnel; and
reviewed supporting documentation, including drill hole location
and orientation and significant assay interval calculations.
Quality Assurance / Quality Control –
2022 Drill Program
All gold results at South Railroad were obtained by fire assay
fusion and optical emission finish (FA-PB30-ICP) at American Assay
Labs in Sparks, Nevada, USA. Over
limit gold assays were determined using fire assay fusion with
gravimetric finish (GRAVAu-30). Gold cyanide extraction was
determined using a 2-hour cyanide leach (AuCN30). All other
elements were determined by 4 acid and boric acid dissolution with
ICP-OES+MS method (ICP-2AM50). Quality Assurance/Quality Control
and interpretation of results were performed by qualified persons
employing a Quality Assurance/Quality Control program consistent
with NI 43-101 and industry best practices. Certified reference
material (standards), blank, or rig duplicate were inserted
approximately every tenth sample for Quality Assurance/Quality
Control purposes by the Company. American Assay Labs is independent
of Orla. There are no known drilling, sampling, recovery, or other
factors that could materially affect the accuracy or reliability of
the drilling data at South Railroad.
About Orla Mining Ltd.
Orla is operating the Camino Rojo Oxide Gold Mine, a gold and
silver open-pit and heap leach mine, located in Zacatecas State,
Mexico. The property is 100% owned
by Orla and covers over 160,000 hectares. The technical report for
the 2021 Feasibility Study on the Camino Rojo oxide gold project
entitled "Unconstrained Feasibility Study NI 43-101 Technical
Report on the Camino Rojo Gold Project – Municipality of
Mazapil, Zacatecas, Mexico"
dated January 11, 2021, is available
on SEDAR and EDGAR under the Company's profile at
www.sedar.com and www.sec.gov, respectively. Orla also owns
100% of Cerro Quema located in Panama which includes a gold production
scenario and various exploration targets. Cerro Quema is a proposed
open pit mine and gold heap leach operation. The technical report
for the Pre-Feasibility Study on the Cerro Quema oxide gold project
entitled "Project Pre-Feasibility Updated NI 43-101
Technical Report on the Cerro Quema Project, Province of
Los Santos, Panama" dated January 18, 2022, is
available on SEDAR and EDGAR under the Company's profile at
www.sedar.com and www.sec.gov, respectively. Orla also owns
100% of the South Railroad Project, a feasibility-stage, open pit,
heap leach project located on the Carlin trend in Nevada. The technical report for the 2022
Feasibility Study entitled "South Railroad Project, Form
43-101F1 Technical Report Feasibility Study, Elko County, Nevada" dated March 23, 2022, is available on SEDAR and EDGAR
under the Company's profile at www.sedar.com and www.sec.gov,
respectively. The technical reports are available on Orla's website
at www.orlamining.com
Forward-looking Statements
This news release contains certain "forward-looking
information" and "forward-looking statements" within the meaning of
Canadian securities legislation and within the meaning of Section
27A of the United States Securities Act of 1933, as amended,
Section 21E of the United States Exchange Act of 1934, as amended,
the United States Private Securities Litigation Reform Act of 1995,
or in releases made by the United States Securities and Exchange
Commission, all as may be amended from time to time, including,
without limitation, statements regarding the potential
mineralization at South Railroad based on the 2022 drill program,
including the potential for upgraded and increased mineral resource
estimates, extension of mine life, strengthening project economics,
and the discovery of new deposits; the timing of updated or new
mineral resource estimates and the results thereof; and the
Company's 2023 drill program, including the expected expenditures,
timing, benefits, and results thereof. Forward-looking statements
are statements that are not historical facts which address events,
results, outcomes or developments that the Company expects to
occur. Forward-looking statements are based on the beliefs,
estimates and opinions of the Company's management on the date the
statements are made and they involve a number of risks and
uncertainties. Certain material assumptions regarding such
forward-looking statements were made, including without limitation,
assumptions regarding the price of gold, silver, and copper; the
accuracy of mineral resource and mineral reserve estimations; that
there will be no material adverse change affecting the Company or
its properties; that all required approvals will be obtained,
including concession renewals and permitting; that political and
legal developments will be consistent with current expectations;
that currency and exchange rates will be consistent with current
levels; and that there will be no significant disruptions affecting
the Company or its properties. Consequently, there can be no
assurances that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Forward-looking statements involve
significant known and unknown risks and uncertainties, which could
cause actual results to differ materially from those anticipated.
These risks include, but are not limited to: uncertainty and
variations in the estimation of mineral resources and mineral
reserves, including risks that the interpreted drill results may
not accurately represent the actual continuity of geology or grade
of the deposit, bulk density measurements may not be
representative, interpreted and modelled metallurgical domains may
not be representative, and metallurgical recoveries may not be
representative; the Company's reliance on Camino Rojo and risks
associated with its start-up phase; financing risks and access to
additional capital; risks related to natural disasters, terrorist
acts, health crises and other disruptions and dislocations,
including by the COVID-19 pandemic; risks related to the Company's
indebtedness; success of exploration, development, and operation
activities; foreign country and political risks, including risks
relating to foreign operations and expropriation or nationalization
of mining operations; concession risks; permitting risks;
environmental and other regulatory requirements; delays in or
failures to enter into a subsequent agreement with Fresnillo Plc
with respect to accessing certain additional portions of the
mineral resource at Camino Rojo and to obtain the necessary
regulatory approvals related thereto; the mineral resource
estimations for Camino Rojo being only estimates and relying on
certain assumptions; delays in or failure to get access from
surface rights owners; risks related to guidance estimates and
uncertainties inherent in the preparation of feasibility and
pre-feasibility studies, including but not limited to, assumptions
underlying the production estimates not being realized, changes to
the cost of production, variations in quantity of mineralized
material, grade or recovery rates, geotechnical or hydrogeological
considerations during mining differing from what has been assumed,
failure of plant, equipment or processes, changes to availability
of power or the power rates, ability to maintain social license,
changes to exchange, interest or tax rates, cost of labour,
supplies, fuel and equipment rising, changes in project parameters,
delays, and costs inherent to consulting and accommodating rights
of local communities; uncertainty in estimates of production,
capital, and operating costs and potential production and cost
overruns; the fluctuating price of gold, silver, and copper; global
financial conditions; uninsured risks; competition from other
companies and individuals; uncertainties related to title to
mineral properties; conflicts of interest; risks related to
compliance with anti-corruption laws; volatility in the market
price of the Company's securities; assessments by taxation
authorities in multiple jurisdictions; foreign currency
fluctuations; the Company's limited operating history; risks
related to the Company's history of negative operating cash flow;
litigation risks; intervention by non-governmental organizations;
outside contractor risks; risks related to historical data; unknown
labilities in connection with acquisitions; the Company's ability
to identify, complete, and successfully integrate acquisitions;
dividend risks; risks related to the Company's foreign
subsidiaries; risks related to the Company's accounting policies
and internal controls; the Company's ability to satisfy the
requirements of the Sarbanes-Oxley Act of 2002; enforcement of
civil liabilities; the Company's status as a passive foreign
investment company for U.S. federal income tax purposes;
information and cyber security; gold industry concentration;
shareholder activism; risks associated with executing the Company's
objectives and strategies, as well as those risk factors discussed
in the Company's most recently filed management's discussion and
analysis, as well as its annual information form dated March 18, 2022, which are available on
www.sedar.com and www.sec.gov. Except
as required by the securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change.
Cautionary Note to U.S. Readers
This news release has been prepared in accordance with
Canadian standards for the reporting of mineral resource and
mineral reserve estimates, which differ from the previous and
current standards of the United
States securities laws. In particular, and without limiting
the generality of the foregoing, the terms "mineral reserve",
"proven mineral reserve", "probable mineral reserve", "inferred
mineral resources,", "indicated mineral resources," "measured
mineral resources" and "mineral resources" used or referenced in
this news release are Canadian mineral disclosure terms as defined
in accordance with Canadian National Instrument 43-101 – Standards
of Disclosure for Mineral Projects ("NI 43-101") and the Canadian
Institute of Mining, Metallurgy and Petroleum (the "CIM") – CIM
Definition Standards on Mineral Resources and Mineral Reserves,
adopted by the CIM Council, as amended (the "CIM Definition
Standards").
For United States reporting
purposes, the United States Securities and Exchange Commission
("SEC") has adopted amendments to its disclosure rules (the "SEC
Modernization Rules") to modernize the mining property disclosure
requirements for issuers whose securities are registered with the
SEC under the Exchange Act. The SEC Modernization Rules more
closely align the SEC's disclosure requirements and policies for
mining properties with current industry and global regulatory
practices and standards, including NI 43-101, and replace the
historical property disclosure requirements for mining registrants
that were included in Industry Guide 7 under the U.S. Securities
Act. As a foreign private issuer that is eligible to file reports
with the SEC pursuant to the multijurisdictional disclosure system,
the Company is not required to provide disclosure on its mineral
properties under the SEC Modernization Rules and provides
disclosure under NI 43-101 and the CIM Definition Standards.
Accordingly, mineral reserve and mineral resource information
contained in news release may not be comparable to similar
information disclosed by United
States companies.
As a result of the adoption of the SEC Modernization Rules,
the SEC now recognizes estimates of "measured mineral resources",
"indicated mineral resources" and "inferred mineral resources." In
addition, the SEC has amended its definitions of "proven mineral
reserves" and "probable mineral reserves" to be "substantially
similar" to the corresponding CIM Definition Standards that are
required under NI 43-101. While the above terms are "substantially
similar" to CIM Definition Standards, there are differences in the
definitions under the SEC Modernization Rules and the CIM
Definition Standards. There is no assurance any mineral reserves or
mineral resources that the Company may report as "proven mineral
reserves", "probable mineral reserves", "measured mineral
resources", "indicated mineral resources" and "inferred mineral
resources" under NI 43-101 would be the same had the Company
prepared the reserve or resource estimates under the standards
adopted under the SEC Modernization Rules or under the prior
standards of Industry Guide 7. Accordingly, information contained
in this news release may not be comparable to similar information
made public by U.S. companies subject to the reporting and
disclosure requirements under the United
States federal securities laws and the rules and regulations
thereunder.
Appendix: Drill Results
Table 1: South Railroad Drill Composites
HOLE-ID
|
From
(m)
|
To
(m)
|
Core Length
(m)
|
Est. True
Width
|
Au
(g/t)
|
CN Rec
(%)
|
Au
GXM
|
Ox
Domain
|
Including
0.5g/t Au COG
|
Including
1g/t Au COG
|
Including
2g/t Au COG
|
Including
10g/t Au HG
|
(m)
|
DX22-01
|
124.97
|
128.02
|
3.05
|
2.68
|
0.18
|
46.9
|
0.55
|
Trans
|
|
|
|
|
DX22-01
|
149.35
|
185.93
|
36.58
|
31.99
|
0.47
|
44.4
|
17.24
|
Trans
|
15.24m @ 0.54g/t
Au & 48.5% CN Rec
3.05m @ 0.61g/t Au & 38.3% CN Rec
|
|
|
|
DX22-01
|
192.02
|
195.07
|
3.05
|
2.67
|
0.29
|
42.5
|
0.89
|
Trans
|
|
|
|
|
DX22-01
|
202.69
|
208.79
|
6.10
|
5.34
|
0.30
|
41.5
|
1.85
|
Trans
|
|
|
|
|
DX22-01
|
211.84
|
213.36
|
1.52
|
1.34
|
0.50
|
32.0
|
0.76
|
Sx
|
|
|
|
|
DX22-01
|
216.41
|
222.50
|
6.10
|
5.35
|
0.25
|
50.5
|
1.55
|
Trans
|
|
|
|
|
DX22-01
|
236.22
|
243.84
|
7.62
|
6.70
|
0.26
|
42.4
|
1.99
|
Trans
|
|
|
|
|
DX22-02
|
137.16
|
160.02
|
22.86
|
20.28
|
0.35
|
55.1
|
8.00
|
Trans
|
3.05m @ 0.79g/t
Au & 51.1% CN Rec
|
|
|
|
DX22-02
|
160.02
|
161.54
|
1.52
|
1.36
|
0.52
|
28.7
|
0.80
|
Sx
|
|
|
|
|
DX22-02
|
167.64
|
169.16
|
1.52
|
1.37
|
0.28
|
45.9
|
0.43
|
Trans
|
|
|
|
|
DX22-02
|
175.26
|
176.78
|
1.52
|
1.37
|
0.28
|
42.3
|
0.43
|
Trans
|
|
|
|
|
DX22-02
|
224.03
|
225.55
|
1.52
|
1.38
|
0.17
|
40.7
|
0.26
|
Trans
|
|
|
|
|
DX22-02
|
248.41
|
249.94
|
1.52
|
1.38
|
0.37
|
41.0
|
0.56
|
Trans
|
|
|
|
|
DX22-02
|
252.98
|
256.03
|
3.05
|
2.77
|
0.42
|
43.1
|
1.27
|
Trans
|
|
|
|
|
DX22-03
|
144.78
|
166.12
|
21.34
|
19.54
|
0.27
|
78.5
|
5.77
|
Ox
|
1.52m @ 0.5g/t Au
& 78.7% CN Rec
|
|
|
|
DX22-03
|
172.21
|
182.88
|
10.67
|
9.81
|
0.59
|
78.7
|
6.28
|
Ox
|
9.14m @ 0.61g/t
Au & 81.9% CN Rec
|
|
|
|
DX22-03
|
182.88
|
201.17
|
18.29
|
16.76
|
0.34
|
52.0
|
6.22
|
Trans
|
1.52m @ 0.51g/t
Au & 48% CN Rec
1.52m @ 0.57g/t Au & 71.6% CN Rec
|
|
|
|
DX22-03
|
224.03
|
233.17
|
9.14
|
8.37
|
0.27
|
42.9
|
2.45
|
Trans
|
|
|
|
|
DX22-04
|
68.58
|
73.15
|
4.57
|
4.20
|
0.37
|
82.8
|
1.70
|
Ox
|
|
|
|
|
DX22-04
|
79.25
|
89.92
|
10.67
|
9.87
|
0.38
|
72.4
|
4.06
|
Ox
|
1.52m @ 1.17g/t
Au & 79.9% CN Rec
|
1.52m @ 1.17g/t
Au & 79.9% CN Rec
|
|
|
DX22-04
|
100.58
|
117.35
|
16.76
|
15.64
|
0.43
|
70.9
|
7.26
|
Ox
|
6.1m @ 0.68g/t Au
& 65.3% CN Rec
|
1.52m @ 1.43g/t
Au & 50.7% CN Rec
|
|
|
DX22-04
|
117.35
|
134.11
|
16.76
|
15.69
|
0.59
|
50.4
|
9.90
|
Trans
|
16.76m @ 0.59g/t
Au & 50.4% CN Rec
|
1.52m @ 1.05g/t
Au & 59.5% CN Rec
1.52m @ 1.11g/t Au & 61.8% CN Rec
|
|
|
DX22-04
|
134.11
|
149.35
|
15.24
|
14.31
|
1.06
|
17.5
|
16.18
|
Sx
|
|
1.52m @ 1.42g/t
Au & 24.6% CN Rec
4.57m @ 1.85g/t Au & 12.1% CN Rec
|
1.52m @ 2.36g/t
Au & 12% CN Rec
|
|
DX22-04
|
155.45
|
163.07
|
7.62
|
7.19
|
1.04
|
12.6
|
7.89
|
Sx
|
|
4.57m @ 1.28g/t
Au & 11.2% CN Rec
|
|
|
DX22-04
|
163.07
|
173.74
|
10.67
|
10.09
|
1.77
|
52.7
|
18.90
|
Trans
|
10.67m @ 1.77g/t
Au & 52.7% CN Rec
|
9.14m @ 1.9g/t Au
& 54% CN Rec
|
6.1m @ 2.19g/t Au
& 64.4% CN Rec
|
|
DX22-04
|
175.26
|
182.88
|
7.62
|
7.21
|
1.00
|
24.6
|
7.59
|
Sx
|
|
1.52m @ 1.88g/t
Au & 26.9% CN Rec
|
|
|
DX22-04
|
182.88
|
198.12
|
15.24
|
14.41
|
1.07
|
41.0
|
16.27
|
Trans
|
15.24m @ 1.07g/t
Au & 41% CN Rec
|
6.1m @ 1.57g/t Au
& 46% CN Rec
1.52m @ 1.45g/t Au & 41.6% CN Rec
|
1.52m @ 2.07g/t
Au & 41.3% CN Rec
|
|
DX22-04
|
198.12
|
201.17
|
3.05
|
2.88
|
1.64
|
26.4
|
4.98
|
Sx
|
|
3.05m @ 1.64g/t
Au & 26.4% CN Rec
|
|
|
DX22-04
|
205.74
|
207.26
|
1.52
|
1.44
|
0.60
|
25.5
|
0.92
|
Sx
|
|
|
|
|
DX22-04
|
207.26
|
222.50
|
15.24
|
14.43
|
0.62
|
81.4
|
9.45
|
Ox
|
10.67m @ 0.76g/t
Au & 86.3% CN Rec
|
3.05m @ 1.16g/t
Au & 91.2% CN Rec
|
|
|
DX22-04
|
240.79
|
242.32
|
1.52
|
1.44
|
0.52
|
25.0
|
0.79
|
Sx
|
|
|
|
|
DX22-04
|
245.36
|
248.41
|
3.05
|
2.89
|
0.30
|
56.1
|
0.91
|
Trans
|
|
|
|
|
DX22-04
|
265.18
|
266.70
|
1.52
|
1.44
|
0.25
|
56.1
|
0.37
|
Trans
|
|
|
|
|
DX22-05
|
129.54
|
134.11
|
4.57
|
4.05
|
0.33
|
60.8
|
1.53
|
Trans
|
|
|
|
|
DX22-05
|
149.35
|
150.88
|
1.52
|
1.35
|
0.39
|
43.1
|
0.60
|
Trans
|
|
|
|
|
DX22-05
|
156.97
|
164.59
|
7.62
|
6.77
|
0.40
|
51.1
|
3.05
|
Trans
|
|
|
|
|
DX22-06
|
74.68
|
109.73
|
35.05
|
33.26
|
0.50
|
44.0
|
17.55
|
Trans
|
12.19m @ 0.61g/t
Au & 36.2% CN Rec
3.05m @ 0.72g/t Au & 58.4% CN Rec
|
1.52m @ 1.05g/t
Au & 41.2% CN Rec
|
|
|
DX22-06
|
109.73
|
129.54
|
19.81
|
18.86
|
0.81
|
72.5
|
16.14
|
Ox
|
12.19m @ 1.06g/t
Au & 78.5% CN Rec
|
7.62m @ 1.16g/t
Au & 81.1% CN Rec
|
|
|
DX22-07
|
76.20
|
88.39
|
12.19
|
11.82
|
0.42
|
85.8
|
5.16
|
Ox
|
1.52m @ 0.75g/t
Au & 46.8% CN Rec
1.52m @ 0.56g/t Au & 95.9% CN Rec
|
|
|
|
DX22-07
|
88.39
|
99.06
|
10.67
|
10.35
|
0.48
|
47.4
|
5.12
|
Trans
|
3.05m @ 0.94g/t
Au & 41.3% CN Rec
|
|
|
|
DX22-07
|
111.25
|
112.78
|
1.52
|
1.48
|
0.23
|
47.0
|
0.36
|
Trans
|
|
|
|
|
DX22-08
|
121.92
|
123.44
|
1.52
|
1.41
|
0.54
|
33.4
|
0.82
|
Sx
|
|
|
|
|
DX22-08
|
123.44
|
124.97
|
1.52
|
1.41
|
0.48
|
77.0
|
0.73
|
Ox
|
|
|
|
|
DX22-08
|
124.97
|
132.59
|
7.62
|
7.05
|
0.57
|
18.6
|
4.34
|
Sx
|
|
|
|
|
DX22-08
|
132.59
|
137.16
|
4.57
|
4.23
|
0.36
|
44.4
|
1.64
|
Trans
|
|
|
|
|
DX22-08
|
175.26
|
176.78
|
1.52
|
1.43
|
0.56
|
32.9
|
0.85
|
Sx
|
|
|
|
|
DX22-08
|
176.78
|
179.83
|
3.05
|
2.87
|
0.39
|
60.4
|
1.19
|
Trans
|
|
|
|
|
DX22-08
|
201.17
|
205.74
|
4.57
|
4.29
|
0.61
|
53.6
|
2.77
|
Trans
|
1.52m @ 1.02g/t
Au & 36.4% CN Rec
|
1.52m @ 1.02g/t
Au & 36.4% CN Rec
|
|
|
DX22-08
|
217.93
|
219.46
|
1.52
|
1.43
|
0.38
|
43.7
|
0.57
|
Trans
|
|
|
|
|
DX22-09
|
76.20
|
80.77
|
4.57
|
4.11
|
0.48
|
97.5
|
2.20
|
Ox
|
1.52m @ 0.75g/t
Au & 91% CN Rec
|
|
|
|
DX22-09
|
88.39
|
89.92
|
1.52
|
1.37
|
0.21
|
96.2
|
0.32
|
Ox
|
|
|
|
|
DX22-09
|
99.06
|
118.87
|
19.81
|
18.18
|
0.35
|
67.6
|
7.03
|
Trans
|
6.1m @ 0.72g/t Au
& 71.8% CN Rec
|
1.52m @ 1.14g/t
Au & 71.9% CN Rec
|
|
|
DX22-09
|
155.45
|
158.50
|
3.05
|
2.84
|
0.25
|
83.2
|
0.77
|
Ox
|
|
|
|
|
DX22-09
|
182.88
|
188.98
|
6.10
|
5.70
|
0.19
|
61.5
|
1.13
|
Trans
|
|
|
|
|
DX22-10
|
76.20
|
86.87
|
10.67
|
9.09
|
0.46
|
64.7
|
4.91
|
Trans
|
3.05m @ 1.05g/t
Au & 72.4% CN Rec
|
1.52m @ 1.12g/t
Au & 73.2% CN Rec
|
|
|
DX22-10
|
111.25
|
120.40
|
9.14
|
8.01
|
0.22
|
66.2
|
2.02
|
Trans
|
|
|
|
|
DX22-10
|
138.68
|
140.21
|
1.52
|
1.36
|
0.19
|
43.0
|
0.28
|
Trans
|
|
|
|
|
DX22-10
|
161.54
|
173.74
|
12.19
|
11.06
|
0.28
|
52.2
|
3.43
|
Trans
|
|
|
|
|
DX22-11
|
56.39
|
67.06
|
10.67
|
10.34
|
0.27
|
62.2
|
2.91
|
Trans
|
1.52m @ 0.57g/t
Au & 68.3% CN Rec
|
|
|
|
DX22-11
|
102.11
|
103.63
|
1.52
|
1.49
|
0.18
|
55.0
|
0.27
|
Trans
|
|
|
|
|
DX22-11
|
117.35
|
118.87
|
1.52
|
1.49
|
0.39
|
52.4
|
0.60
|
Trans
|
|
|
|
|
DX22-11
|
152.40
|
164.59
|
12.19
|
11.94
|
0.19
|
88.4
|
2.37
|
Ox
|
|
|
|
|
DX22-12
|
144.78
|
146.30
|
1.52
|
1.43
|
0.18
|
61.5
|
0.27
|
Trans
|
|
|
|
|
DX22-12
|
161.54
|
179.83
|
18.29
|
17.34
|
0.98
|
17.4
|
17.99
|
Sx
|
|
12.19m @ 1.12g/t
Au & 16% CN Rec
|
1.52m @ 2.14g/t
Au & 18.7% CN Rec
|
|
DX22-12
|
220.98
|
230.12
|
9.14
|
8.75
|
0.39
|
77.0
|
3.55
|
Ox
|
1.52m @ 0.63g/t
Au & 71.1% CN Rec
|
|
|
|
DX22-12
|
230.12
|
271.27
|
41.15
|
39.54
|
0.34
|
42.8
|
14.07
|
Trans
|
7.62m @ 0.6g/t Au
& 43.7% CN Rec
|
|
|
|
JW22-01
|
51.82
|
59.44
|
7.62
|
5.89
|
0.88
|
17.6
|
6.70
|
Sx
|
|
3.05m @ 1.46g/t
Au & 18.9% CN Rec
|
|
|
JW22-01
|
62.48
|
71.63
|
9.14
|
6.99
|
0.87
|
21.1
|
7.98
|
Sx
|
|
3.05m @ 1.2g/t Au
& 22.8% CN Rec
|
|
|
JW22-01
|
83.82
|
85.34
|
1.52
|
1.15
|
0.57
|
15.8
|
0.87
|
Sx
|
|
|
|
|
JW22-01
|
135.64
|
144.78
|
9.14
|
6.60
|
0.22
|
83.5
|
1.99
|
Ox
|
|
|
|
|
JW22-02
|
36.58
|
39.62
|
3.05
|
2.49
|
0.76
|
8.6
|
2.32
|
Sx
|
|
|
|
|
JW22-02
|
80.77
|
83.82
|
3.05
|
2.36
|
0.21
|
72.3
|
0.65
|
Ox
|
|
|
|
|
JW22-02
|
100.58
|
103.63
|
3.05
|
2.33
|
0.21
|
96.4
|
0.63
|
Ox
|
|
|
|
|
JW22-02
|
120.40
|
124.97
|
4.57
|
3.52
|
0.19
|
85.3
|
0.88
|
Ox
|
|
|
|
|
JW22-02
|
144.78
|
167.64
|
22.86
|
17.54
|
0.21
|
85.1
|
4.84
|
Ox
|
|
|
|
|
JW22-03
|
38.10
|
39.62
|
1.52
|
1.12
|
0.18
|
62.6
|
0.28
|
Trans
|
|
|
|
|
JW22-03
|
41.15
|
44.20
|
3.05
|
2.25
|
0.69
|
29.4
|
2.11
|
Sx
|
|
|
|
|
JW22-03
|
51.82
|
54.86
|
3.05
|
2.23
|
1.01
|
10.8
|
3.07
|
Sx
|
|
1.52m @ 1.26g/t
Au & 16.7% CN Rec
|
|
|
JW22-03
|
57.91
|
65.53
|
7.62
|
5.49
|
0.30
|
58.5
|
2.27
|
Trans
|
1.52m @ 0.5g/t Au
& 48.1% CN Rec
|
|
|
|
JW22-03
|
71.63
|
109.73
|
38.10
|
26.86
|
0.29
|
73.5
|
11.04
|
Ox
|
3.05m @ 0.58g/t
Au & 79.4% CN Rec
|
|
|
|
JW22-03
|
109.73
|
124.97
|
15.24
|
10.27
|
0.36
|
61.5
|
5.50
|
Trans
|
|
|
|
|
JW22-04
|
3.05
|
6.10
|
3.05
|
2.51
|
0.26
|
87.9
|
0.78
|
Ox
|
|
|
|
|
JW22-04
|
15.24
|
24.38
|
9.14
|
7.49
|
0.28
|
85.5
|
2.58
|
Ox
|
|
|
|
|
JW22-04
|
30.48
|
48.77
|
18.29
|
14.82
|
0.62
|
58.6
|
11.26
|
Trans
|
13.72m @ 0.78g/t
Au & 55.1% CN Rec
|
3.05m @ 1.58g/t
Au & 53.4% CN Rec
|
|
|
JW22-04
|
51.82
|
60.96
|
9.14
|
7.30
|
0.84
|
19.4
|
7.67
|
Sx
|
|
1.52m @ 1.12g/t
Au & 20.5% CN Rec
1.52m @ 1.49g/t Au & 18.1% CN Rec
|
|
|
JW22-04
|
71.63
|
82.30
|
10.67
|
8.24
|
0.32
|
90.4
|
3.41
|
Ox
|
1.52m @ 0.64g/t
Au & 98.4% CN Rec
|
|
|
|
JW22-04
|
97.54
|
99.06
|
1.52
|
1.16
|
0.17
|
58.5
|
0.26
|
Trans
|
|
|
|
|
JW22-04
|
150.88
|
152.40
|
1.52
|
1.10
|
1.26
|
92.1
|
1.92
|
Ox
|
1.52m @ 1.26g/t
Au & 92.1% CN Rec
|
1.52m @ 1.26g/t
Au & 92.1% CN Rec
|
|
|
JW22-05
|
80.77
|
82.30
|
1.52
|
1.15
|
0.92
|
14.2
|
1.40
|
Sx
|
|
|
|
|
JW22-05
|
131.06
|
132.59
|
1.52
|
1.13
|
0.17
|
80.9
|
0.26
|
Ox
|
|
|
|
|
JW22-05
|
137.16
|
150.88
|
13.72
|
10.03
|
0.24
|
78.9
|
3.25
|
Ox
|
|
|
|
|
JW22-06
|
6.10
|
10.67
|
4.57
|
3.67
|
0.27
|
92.6
|
1.21
|
Ox
|
|
|
|
|
JW22-06
|
18.29
|
45.72
|
27.43
|
21.63
|
0.24
|
86.1
|
6.72
|
Ox
|
|
|
|
|
JW22-06
|
54.86
|
57.91
|
3.05
|
2.38
|
0.28
|
89.1
|
0.85
|
Ox
|
|
|
|
|
JW22-06
|
67.06
|
82.30
|
15.24
|
11.76
|
0.37
|
78.3
|
5.57
|
Ox
|
3.05m @ 0.91g/t
Au & 58.4% CN Rec
|
1.52m @ 1.2g/t Au
& 25.8% CN Rec
|
|
|
JW22-06
|
99.06
|
117.35
|
18.29
|
13.85
|
0.27
|
74.6
|
4.95
|
Ox
|
|
|
|
|
JW22-06
|
120.40
|
123.44
|
3.05
|
2.31
|
0.41
|
53.1
|
1.25
|
Trans
|
1.52m @ 0.54g/t
Au & 63% CN Rec
|
|
|
|
JW22-07
|
27.43
|
53.34
|
25.91
|
2.06
|
0.18
|
80.6
|
4.77
|
Ox
|
|
|
|
|
JW22-07
|
68.58
|
70.10
|
1.52
|
0.14
|
0.86
|
30.2
|
1.31
|
Sx
|
|
|
|
|
JW22-07
|
71.63
|
74.68
|
3.05
|
0.29
|
0.22
|
60.3
|
0.66
|
Trans
|
|
|
|
|
JW22-07
|
106.68
|
117.35
|
10.67
|
1.24
|
0.66
|
8.4
|
7.07
|
Sx
|
|
|
|
|
JW22-07
|
121.92
|
123.44
|
1.52
|
0.18
|
0.38
|
69.3
|
0.57
|
Trans
|
|
|
|
|
JW22-07
|
123.44
|
128.02
|
4.57
|
0.54
|
0.82
|
19.0
|
3.74
|
Sx
|
|
1.52m @ 1.14g/t
Au & 10.5% CN Rec
|
|
|
JW22-07
|
129.54
|
131.06
|
1.52
|
0.18
|
0.25
|
48.4
|
0.38
|
Trans
|
|
|
|
|
JW22-07
|
158.50
|
166.12
|
7.62
|
0.90
|
0.24
|
64.6
|
1.84
|
Trans
|
|
|
|
|
JW22-08
|
45.72
|
47.24
|
1.52
|
1.08
|
0.26
|
88.5
|
0.40
|
Ox
|
|
|
|
|
JW22-08
|
80.77
|
86.87
|
6.10
|
4.20
|
0.45
|
75.8
|
2.73
|
Ox
|
3.05m @ 0.57g/t
Au & 82.2% CN Rec
|
|
|
|
JW22-08
|
97.54
|
102.11
|
4.57
|
3.12
|
0.23
|
84.4
|
1.07
|
Ox
|
|
|
|
|
JW22-08
|
129.54
|
137.16
|
7.62
|
5.14
|
0.41
|
92.6
|
3.11
|
Ox
|
1.52m @ 1.03g/t
Au & 91.3% CN Rec
|
1.52m @ 1.03g/t
Au & 91.3% CN Rec
|
|
|
LT22-01
|
0.00
|
21.34
|
21.34
|
15.66
|
0.53
|
75.1
|
11.31
|
Ox
|
12.19m @ 0.67g/t
Au & 81.3% CN Rec
|
1.52m @ 1.28g/t
Au & 78.1% CN Rec
|
|
|
LT22-02
|
No Significant
Results
|
|
|
|
|
|
|
|
|
|
|
|
POD22-01
|
25.91
|
36.58
|
10.67
|
7.13
|
0.78
|
3.5
|
8.29
|
Sx
|
|
1.52m @ 1.25g/t
Au & 0.4% CN Rec
|
|
|
POD22-02
|
38.10
|
53.34
|
15.24
|
12.16
|
0.43
|
62.3
|
6.59
|
Trans
|
1.52m @ 0.74g/t
Au & 66.5% CN Rec
1.52m @ 0.52g/t Au & 63.7% CN Rec
|
|
|
|
POD22-03
|
38.10
|
39.62
|
1.52
|
1.08
|
0.62
|
0.8
|
0.95
|
Sx
|
|
|
|
|
POD22-03
|
42.67
|
47.24
|
4.57
|
3.24
|
0.84
|
8.6
|
3.82
|
Sx
|
|
|
|
|
POD22-03
|
50.29
|
54.86
|
4.57
|
3.26
|
0.68
|
0.7
|
3.12
|
Sx
|
|
|
|
|
POD22-04
|
33.53
|
56.39
|
22.86
|
21.42
|
2.16
|
60.1
|
49.37
|
Trans
|
15.24m @ 2.89g/t
Au & 60.5% CN Rec
|
6.1m @ 6.2g/t Au
& 50.2% CN Rec
|
4.57m @ 7.85g/t
Au & 52.2% CN Rec
|
1.52m @ 16.27g/t
Au & 51.9% CN Rec
|
POD22-05
|
51.82
|
59.44
|
7.62
|
7.22
|
1.07
|
0.8
|
8.17
|
Sx
|
|
1.52m @ 2.12g/t
Au & 0.9% CN Rec
|
1.52m @ 2.12g/t
Au & 0.9% CN Rec
|
|
POD22-06
|
No Significant
Results
|
|
|
|
|
|
|
|
|
|
|
|
POD22-07
|
19.81
|
33.53
|
13.72
|
10.76
|
0.69
|
80.6
|
9.48
|
Ox
|
12.19m @ 0.75g/t
Au & 80% CN Rec
|
|
|
|
POD22-07
|
33.53
|
41.15
|
7.62
|
6.14
|
0.69
|
41.2
|
5.29
|
Trans
|
7.62m @ 0.69g/t
Au & 41.2% CN Rec
|
|
|
|
POD22-07
|
41.15
|
44.20
|
3.05
|
2.45
|
1.00
|
7.8
|
3.04
|
Sx
|
|
1.52m @ 1.13g/t
Au & 13.3% CN Rec
|
|
|
POD22-07
|
47.24
|
67.06
|
19.81
|
16.43
|
1.45
|
0.4
|
28.71
|
Sx
|
|
19.81m @ 1.45g/t
Au & 0.4% CN Rec
|
1.52m @ 2.18g/t
Au & 0.2% CN Rec
1.52m @ 2.27g/t Au & 0.2% CN Rec
|
|
POD22-07
|
71.63
|
83.82
|
12.19
|
10.22
|
0.29
|
60.7
|
3.57
|
Trans
|
|
|
|
|
POD22-07
|
96.01
|
97.54
|
1.52
|
1.27
|
0.52
|
46.3
|
0.79
|
Trans
|
1.52m @ 0.52g/t
Au & 46.3% CN Rec
|
|
|
|
POD22-08
|
22.86
|
35.05
|
12.19
|
10.99
|
1.51
|
82.8
|
18.39
|
Ox
|
12.19m @ 1.51g/t
Au & 82.8% CN Rec
|
10.67m @ 1.62g/t
Au & 83.6% CN Rec
|
1.52m @ 2.73g/t
Au & 84.2% CN Rec
|
|
POD22-08
|
35.05
|
36.58
|
1.52
|
1.39
|
1.39
|
67.6
|
2.12
|
Trans
|
1.52m @ 1.39g/t
Au & 67.6% CN Rec
|
1.52m @ 1.39g/t
Au & 67.6% CN Rec
|
|
|
POD22-08
|
36.58
|
71.63
|
35.05
|
32.30
|
4.12
|
4.6
|
144.34
|
Sx
|
|
33.53m @ 4.27g/t
Au & 3.5% CN Rec
|
22.86m @ 5.69g/t
Au & 1.2% CN Rec
|
4.57m @ 12.44g/t
Au & 0.1% CN Rec
|
POD22-08
|
73.15
|
80.77
|
7.62
|
7.06
|
0.91
|
0.9
|
6.91
|
Sx
|
|
1.52m @ 2.36g/t
Au & 0.2% CN Rec
|
1.52m @ 2.36g/t
Au & 0.2% CN Rec
|
|
POD22-09
|
18.29
|
39.62
|
21.34
|
20.84
|
1.37
|
82.9
|
29.13
|
Ox
|
19.81m @ 1.45g/t
Au & 82.5% CN Rec
|
13.72m @ 1.76g/t
Au & 79.8% CN Rec
|
3.05m @ 2.86g/t
Au & 75.5% CN Rec
|
|
POD22-09
|
39.62
|
64.01
|
24.38
|
23.99
|
4.96
|
2.4
|
120.92
|
Sx
|
|
22.86m @ 5.25g/t
Au & 1% CN Rec
|
13.72m @ 7.8g/t
Au & 0.7% CN Rec
|
3.05m @ 21.63g/t
Au & 0.3% CN Rec
|
POD22-09
|
65.53
|
68.58
|
3.05
|
3.00
|
0.89
|
20.2
|
2.71
|
Sx
|
|
1.52m @ 1g/t Au
& 16% CN Rec
|
|
|
POD22-09
|
77.72
|
79.25
|
1.52
|
1.48
|
0.26
|
49.8
|
0.40
|
Trans
|
|
|
|
|
POD22-10
|
0.00
|
19.81
|
19.81
|
4.20
|
0.51
|
75.5
|
10.07
|
Ox
|
9.14m @ 0.75g/t
Au & 84% CN Rec
|
1.52m @ 1.11g/t
Au & 79.9% CN Rec
|
|
|
POD22-10
|
21.34
|
33.53
|
12.19
|
2.84
|
1.09
|
59.9
|
13.32
|
Trans
|
10.67m @ 1.18g/t
Au & 61.1% CN Rec
|
10.67m @ 1.18g/t
Au & 61.1% CN Rec
|
|
|
POD22-10
|
33.53
|
44.20
|
10.67
|
2.75
|
1.15
|
72.2
|
12.23
|
Ox
|
4.57m @ 2.32g/t
Au & 74.8% CN Rec
|
4.57m @ 2.32g/t
Au & 74.8% CN Rec
|
1.52m @ 3.95g/t
Au & 73.1% CN Rec
|
|
POD22-10
|
44.20
|
51.82
|
7.62
|
2.16
|
0.23
|
66.3
|
1.75
|
Trans
|
|
|
|
|
POD22-10
|
54.86
|
68.58
|
13.72
|
4.10
|
0.54
|
3.5
|
7.42
|
Sx
|
|
|
|
|
POD22-10
|
76.20
|
80.77
|
4.57
|
1.41
|
0.35
|
44.8
|
1.59
|
Trans
|
|
|
|
|
POD22-11
|
21.34
|
38.10
|
16.76
|
7.74
|
0.21
|
87.8
|
3.53
|
Ox
|
|
|
|
|
POD22-11
|
53.34
|
54.86
|
1.52
|
0.76
|
0.21
|
81.0
|
0.32
|
Ox
|
|
|
|
|
POD22-11B
|
16.76
|
57.91
|
41.15
|
20.97
|
0.35
|
85.3
|
14.36
|
Ox
|
4.57m @ 0.73g/t
Au & 87.2% CN Rec
3.05m @ 0.65g/t Au & 90.7% CN Rec
|
|
|
|
POD22-11B
|
59.44
|
60.96
|
1.52
|
0.82
|
0.67
|
4.5
|
1.01
|
Sx
|
|
|
|
|
POD22-12
|
7.62
|
16.76
|
9.14
|
7.24
|
0.34
|
82.1
|
3.08
|
Ox
|
1.52m @ 0.53g/t
Au & 88.7% CN Rec
|
|
|
|
POD22-13
|
100.58
|
121.92
|
21.34
|
16.76
|
1.65
|
1.4
|
35.24
|
Sx
|
|
9.14m @ 3.19g/t
Au & 0.3% CN Rec
|
7.62m @ 3.44g/t
Au & 0.3% CN Rec
|
|
POD22-14
|
16.76
|
36.58
|
19.81
|
19.54
|
1.52
|
82.7
|
30.18
|
Ox
|
18.29m @ 1.62g/t
Au & 82.2% CN Rec
|
12.19m @ 2.13g/t
Au & 82.1% CN Rec
|
4.57m @ 3.28g/t
Au & 85.3% CN Rec
|
|
POD22-14
|
36.58
|
68.58
|
32.00
|
31.51
|
2.72
|
6.2
|
87.11
|
Sx
|
|
25.91m @ 3.19g/t
Au & 3.9% CN Rec
|
6.1m @ 3.7g/t Au
& 0.9% CN Rec
7.62m @ 5.61g/t Au & 6% CN Rec
|
|
POD22-15
|
12.19
|
18.29
|
6.10
|
5.99
|
1.90
|
72.3
|
11.56
|
Ox
|
6.1m @ 1.9g/t Au
& 72.3% CN Rec
|
4.57m @ 2.35g/t
Au & 69.8% CN Rec
|
1.52m @ 3.59g/t
Au & 79.7% CN Rec
|
|
POD22-15
|
18.29
|
19.81
|
1.52
|
1.50
|
4.01
|
49.4
|
6.11
|
Trans
|
1.52m @ 4.01g/t
Au & 49.4% CN Rec
|
1.52m @ 4.01g/t
Au & 49.4% CN Rec
|
1.52m @ 4.01g/t
Au & 49.4% CN Rec
|
|
POD22-15
|
21.34
|
28.96
|
7.62
|
7.49
|
2.45
|
20.2
|
18.64
|
Sx
|
|
7.62m @ 2.45g/t
Au & 20.2% CN Rec
|
7.62m @ 2.45g/t
Au & 20.2% CN Rec
|
|
POD22-15
|
28.96
|
30.48
|
1.52
|
1.50
|
3.37
|
65.6
|
5.14
|
Trans
|
1.52m @ 3.37g/t
Au & 65.6% CN Rec
|
1.52m @ 3.37g/t
Au & 65.6% CN Rec
|
1.52m @ 3.37g/t
Au & 65.6% CN Rec
|
|
POD22-15
|
30.48
|
56.39
|
25.91
|
25.51
|
4.87
|
69.6
|
126.27
|
Trans
|
21.34m @ 5.87g/t
Au & 78.5% CN Rec
|
19.81m @ 6.27g/t
Au & 78.6% CN Rec
|
13.72m @ 8.52g/t
Au & 79.6% CN Rec
|
6.1m @ 13.6g/t Au
& 81.2% CN Rec
|
POD22-16
|
12.19
|
44.20
|
32.00
|
17.51
|
0.64
|
84.6
|
20.55
|
Ox
|
19.81m @ 0.73g/t
Au & 91.2% CN Rec
6.1m @ 0.64g/t Au & 69.9% CN Rec
|
1.52m @ 1.19g/t
Au & 91.6% CN Rec
|
|
|
POD22-16
|
44.20
|
45.72
|
1.52
|
0.86
|
1.07
|
62.6
|
1.63
|
Trans
|
1.52m @ 1.07g/t
Au & 62.6% CN Rec
|
1.52m @ 1.07g/t
Au & 62.6% CN Rec
|
|
|
POD22-16
|
45.72
|
50.29
|
4.57
|
2.66
|
0.69
|
4.1
|
3.15
|
Sx
|
|
|
|
|
POD22-17
|
9.14
|
35.05
|
25.91
|
13.45
|
2.84
|
79.6
|
73.54
|
Ox
|
25.91m @ 2.84g/t
Au & 79.6% CN Rec
|
25.91m @ 2.84g/t
Au & 79.6% CN Rec
|
1.52m @ 2.3g/t Au
& 81.7% CN Rec
10.67m @ 4.95g/t Au & 72.9% CN Rec
|
1.52m @ 13.8g/t
Au & 77% CN Rec
|
POD22-17
|
35.05
|
39.62
|
4.57
|
2.44
|
7.89
|
7.7
|
36.06
|
Sx
|
|
4.57m @ 7.89g/t
Au & 7.7% CN Rec
|
4.57m @ 7.89g/t
Au & 7.7% CN Rec
|
|
POD22-17
|
39.62
|
41.15
|
1.52
|
0.81
|
7.30
|
55.1
|
11.13
|
Trans
|
1.52m @ 7.3g/t Au
& 55.1% CN Rec
|
1.52m @ 7.3g/t Au
& 55.1% CN Rec
|
1.52m @ 7.3g/t Au
& 55.1% CN Rec
|
|
POD22-17
|
41.15
|
65.53
|
24.38
|
13.27
|
1.61
|
75.1
|
39.26
|
Ox
|
24.38m @ 1.61g/t
Au & 75.1% CN Rec
|
13.72m @ 2.3g/t
Au & 73.4% CN Rec
1.52m @ 1.06g/t Au & 79.2% CN Rec
|
6.1m @ 3.75g/t Au
& 77.8% CN Rec
|
|
POD22-17
|
65.53
|
76.20
|
10.67
|
5.92
|
0.78
|
58.8
|
8.32
|
Trans
|
9.14m @ 0.83g/t
Au & 59.4% CN Rec
|
1.52m @ 1.02g/t
Au & 46.1% CN Rec
|
|
|
PR22-01
|
109.73
|
163.07
|
53.34
|
49.80
|
0.85
|
81.9
|
45.19
|
Ox
|
51.82m @ 0.87g/t
Au & 81.4% CN Rec
|
4.57m @ 1.49g/t
Au & 87.4% CN Rec
1.52m @ 1.16g/t Au & 91.4% CN Rec
1.52m @ 1.23g/t Au & 26% CN Rec
13.72m @ 1.39g/t Au & 86.3% CN Rec
|
1.52m @ 3.95g/t
Au & 88.4% CN Rec
|
|
PR22-01
|
176.78
|
208.79
|
32.00
|
29.88
|
1.03
|
77.1
|
32.88
|
Ox
|
30.48m @ 1.05g/t
Au & 76.9% CN Rec
|
15.24m @ 1.33g/t
Au & 70.4% CN Rec
|
1.52m @ 2.35g/t
Au & 45.1% CN Rec
|
|
PR22-01
|
208.79
|
225.55
|
16.76
|
15.65
|
0.51
|
59.9
|
8.51
|
Trans
|
13.72m @ 0.54g/t
Au & 59% CN Rec
|
|
|
|
PR22-01
|
225.55
|
243.84
|
18.29
|
17.07
|
1.61
|
80.6
|
29.51
|
Ox
|
18.29m @ 1.61g/t
Au & 80.6% CN Rec
|
9.14m @ 2.52g/t
Au & 84.6% CN Rec
|
3.05m @ 5.32g/t
Au & 89.4% CN Rec
|
|
PR22-02
|
80.77
|
143.26
|
62.48
|
57.93
|
0.46
|
79.3
|
28.99
|
Ox
|
18.29m @ 0.89g/t
Au & 77.1% CN Rec
3.05m @ 0.54g/t Au & 79.2% CN Rec
1.52m @ 0.54g/t Au & 86.6% CN Rec
|
6.1m @ 1.54g/t Au
& 78.9% CN Rec
|
1.52m @ 2.49g/t
Au & 89.2% CN Rec
|
|
PR22-02
|
144.78
|
172.21
|
27.43
|
25.43
|
0.49
|
50.3
|
13.54
|
Trans
|
10.67m @ 0.7g/t
Au & 54.6% CN Rec
4.57m @ 0.55g/t Au & 42.9% CN Rec
|
1.52m @ 1.19g/t
Au & 44.5% CN Rec
|
|
|
PR22-03
|
193.55
|
219.46
|
25.91
|
25.34
|
0.62
|
82.2
|
16.11
|
Ox
|
7.62m @ 0.81g/t
Au & 88.3% CN Rec
9.14m @ 0.74g/t Au & 84% CN Rec
|
1.52m @ 1.53g/t
Au & 90.2% CN Rec
|
|
|
PR22-03
|
219.46
|
230.12
|
10.67
|
10.44
|
0.52
|
64.4
|
5.56
|
Trans
|
7.62m @ 0.62g/t
Au & 70.9% CN Rec
|
|
|
|
PR22-04
|
13.72
|
18.29
|
4.57
|
4.55
|
0.35
|
80.1
|
1.59
|
Ox
|
|
|
|
|
PR22-04
|
25.91
|
27.43
|
1.52
|
1.52
|
0.21
|
85.7
|
0.32
|
Ox
|
|
|
|
|
PR22-04
|
30.48
|
32.00
|
1.52
|
1.52
|
0.21
|
79.4
|
0.33
|
Ox
|
|
|
|
|
PR22-04
|
41.15
|
44.20
|
3.05
|
3.04
|
0.32
|
88.2
|
0.98
|
Ox
|
|
|
|
|
PR22-04
|
172.21
|
181.36
|
9.14
|
9.11
|
0.47
|
62.5
|
4.25
|
Trans
|
3.05m @ 0.84g/t
Au & 62.6% CN Rec
|
1.52m @ 1.01g/t
Au & 56.4% CN Rec
|
|
|
PR22-05
|
19.81
|
21.34
|
1.52
|
1.49
|
0.18
|
90.4
|
0.27
|
Ox
|
|
|
|
|
PR22-05
|
54.86
|
56.39
|
1.52
|
1.49
|
0.23
|
91.3
|
0.35
|
Ox
|
|
|
|
|
PR22-05
|
65.53
|
71.63
|
6.10
|
5.97
|
0.33
|
94.4
|
1.98
|
Ox
|
1.52m @ 0.5g/t Au
& 97.6% CN Rec
|
|
|
|
PR22-05
|
172.21
|
178.31
|
6.10
|
5.97
|
0.35
|
81.1
|
2.14
|
Ox
|
|
|
|
|
PR22-05
|
178.31
|
208.79
|
30.48
|
29.87
|
0.35
|
53.2
|
10.67
|
Trans
|
1.52m @ 0.52g/t
Au & 57.5% CN Rec
3.05m @ 0.55g/t Au & 57.8% CN Rec
|
|
|
|
PR22-06
|
59.44
|
60.96
|
1.52
|
1.42
|
0.20
|
84.2
|
0.31
|
Ox
|
|
|
|
|
PR22-06
|
169.16
|
190.50
|
21.34
|
19.92
|
0.41
|
86.2
|
8.85
|
Ox
|
10.67m @ 0.52g/t
Au & 88.6% CN Rec
|
|
|
|
PR22-07
|
167.64
|
169.16
|
1.52
|
1.51
|
0.30
|
43.5
|
0.46
|
Trans
|
|
|
|
|
PR22-07
|
169.16
|
176.78
|
7.62
|
7.53
|
0.56
|
10.2
|
4.27
|
Sx
|
|
|
|
|
PR22-07
|
176.78
|
185.93
|
9.14
|
9.03
|
0.20
|
40.5
|
1.86
|
Trans
|
|
|
|
|
PR22-07
|
210.31
|
237.74
|
27.43
|
27.09
|
1.10
|
82.6
|
30.14
|
Ox
|
21.34m @ 1.33g/t
Au & 83.8% CN Rec
|
18.29m @ 1.44g/t
Au & 84.2% CN Rec
|
1.52m @ 2.23g/t
Au & 83.4% CN Rec
1.52m @ 2.23g/t Au & 76.2% CN Rec
|
|
PR22-07
|
251.46
|
252.98
|
1.52
|
1.51
|
0.20
|
75.8
|
0.30
|
Ox
|
|
|
|
|
PR22-08
|
59.44
|
60.96
|
1.52
|
1.45
|
0.27
|
65.7
|
0.42
|
Trans
|
|
|
|
|
PR22-08
|
198.12
|
202.69
|
4.57
|
4.35
|
0.75
|
56.7
|
3.41
|
Trans
|
3.05m @ 0.97g/t
Au & 53.3% CN Rec
|
1.52m @ 1.07g/t
Au & 57% CN Rec
|
|
|
PR22-08
|
204.22
|
216.41
|
12.19
|
11.60
|
0.30
|
73.6
|
3.67
|
Ox
|
1.52m @ 0.54g/t
Au & 72.8% CN Rec
|
|
|
|
PR22-08
|
216.41
|
217.93
|
1.52
|
1.45
|
0.68
|
45.6
|
1.04
|
Trans
|
1.52m @ 0.68g/t
Au & 45.6% CN Rec
|
|
|
|
PR22-08
|
217.93
|
220.98
|
3.05
|
2.90
|
0.92
|
29.9
|
2.80
|
Sx
|
|
|
|
|
PR22-08
|
222.50
|
256.03
|
33.53
|
31.89
|
0.70
|
73.8
|
23.50
|
Ox
|
30.48m @ 0.73g/t
Au & 74.5% CN Rec
|
3.05m @ 1.25g/t
Au & 60.1% CN Rec
|
|
|
PR22-08
|
266.70
|
268.22
|
1.52
|
1.45
|
0.20
|
92.3
|
0.30
|
Ox
|
|
|
|
|
PR22-09
|
42.67
|
44.20
|
1.52
|
1.48
|
0.35
|
68.0
|
0.54
|
Trans
|
|
|
|
|
PR22-09
|
161.54
|
179.83
|
18.29
|
17.74
|
0.28
|
84.7
|
5.11
|
Ox
|
|
|
|
|
PR22-10
|
131.06
|
134.11
|
3.05
|
3.05
|
0.61
|
15.5
|
1.86
|
Sx
|
|
|
|
|
PR22-10
|
143.26
|
153.92
|
10.67
|
10.66
|
0.78
|
11.0
|
8.31
|
Sx
|
|
4.57m @ 1.22g/t
Au & 8.4% CN Rec
|
|
|
PR22-10
|
175.26
|
176.78
|
1.52
|
1.52
|
0.35
|
77.8
|
0.53
|
Ox
|
|
|
|
|
PR22-10
|
219.46
|
225.55
|
6.10
|
6.09
|
0.31
|
65.0
|
1.92
|
Trans
|
1.52m @ 0.6g/t Au
& 71.1% CN Rec
|
|
|
|
PR22-11
|
47.24
|
48.77
|
1.52
|
1.49
|
0.24
|
76.3
|
0.36
|
Ox
|
|
|
|
|
PR22-11
|
92.96
|
102.11
|
9.14
|
8.93
|
0.31
|
61.2
|
2.79
|
Trans
|
1.52m @ 0.51g/t
Au & 44.7% CN Rec
|
|
|
|
PR22-11
|
115.82
|
120.40
|
4.57
|
4.46
|
0.27
|
68.1
|
1.23
|
Trans
|
|
|
|
|
PR22-11
|
121.92
|
138.68
|
16.76
|
16.37
|
0.29
|
72.0
|
4.82
|
Ox
|
|
|
|
|
PR22-11
|
138.68
|
144.78
|
6.10
|
5.95
|
0.35
|
67.4
|
2.11
|
Trans
|
|
|
|
|
PR22-11
|
144.78
|
172.21
|
27.43
|
26.78
|
0.52
|
76.9
|
14.23
|
Ox
|
15.24m @ 0.73g/t
Au & 77.7% CN Rec
|
3.05m @ 1.42g/t
Au & 80.7% CN Rec
|
|
|
PR22-12
|
304.80
|
310.90
|
6.10
|
6.00
|
0.63
|
68.5
|
3.85
|
Trans
|
6.1m @ 0.63g/t Au
& 68.5% CN Rec
|
1.52m @ 1.21g/t
Au & 75.2% CN Rec
|
|
|
PR22-12
|
310.90
|
327.66
|
16.76
|
16.49
|
0.60
|
59.5
|
9.99
|
Trans
|
13.72m @ 0.65g/t
Au & 60% CN Rec
|
1.52m @ 1.4g/t Au
& 62.1% CN Rec
|
|
|
PR22-12
|
327.66
|
333.76
|
6.10
|
6.00
|
2.15
|
77.1
|
13.09
|
Ox
|
6.1m @ 2.15g/t Au
& 77.1% CN Rec
|
6.1m @ 2.15g/t Au
& 77.1% CN Rec
|
4.57m @ 2.43g/t
Au & 77.5% CN Rec
|
|
SH22-01
|
41.15
|
45.72
|
4.57
|
4.51
|
3.07
|
0.3
|
14.02
|
Sx
|
|
4.57m @ 3.07g/t
Au & 0.3% CN Rec
|
1.52m @ 6.08g/t
Au & 0.1% CN Rec
|
|
SH22-01
|
45.72
|
50.29
|
4.57
|
4.51
|
1.17
|
46.9
|
5.36
|
Trans
|
3.05m @ 1.62g/t
Au & 39.6% CN Rec
|
3.05m @ 1.62g/t
Au & 39.6% CN Rec
|
|
|
SH22-01
|
60.96
|
62.48
|
1.52
|
1.51
|
0.24
|
62.8
|
0.36
|
Trans
|
|
|
|
|
SH22-01
|
83.82
|
85.34
|
1.52
|
1.51
|
0.31
|
58.6
|
0.47
|
Trans
|
|
|
|
|
SH22-02
|
64.01
|
70.10
|
6.10
|
4.68
|
0.62
|
62.1
|
3.76
|
Trans
|
4.57m @ 0.68g/t
Au & 56.7% CN Rec
|
|
|
|
SH22-02
|
70.10
|
82.30
|
12.19
|
9.37
|
0.25
|
55.8
|
3.00
|
Trans
|
|
|
|
|
SH22-03
|
39.62
|
41.15
|
1.52
|
1.36
|
1.29
|
68.2
|
1.97
|
Trans
|
1.52m @ 1.29g/t
Au & 68.2% CN Rec
|
1.52m @ 1.29g/t
Au & 68.2% CN Rec
|
|
|
SH22-03
|
41.15
|
76.20
|
35.05
|
31.37
|
0.52
|
78.4
|
18.06
|
Ox
|
4.57m @ 0.78g/t
Au & 77.9% CN Rec
7.62m @ 1.04g/t Au & 82.2% CN Rec
|
4.57m @ 1.38g/t
Au & 80.7% CN Rec
|
|
|
SH22-04
|
7.62
|
16.76
|
9.14
|
7.17
|
0.58
|
41.4
|
5.27
|
Trans
|
6.1m @ 0.65g/t Au
& 38.5% CN Rec
|
|
|
|
SH22-04
|
16.76
|
48.77
|
32.00
|
25.02
|
0.41
|
78.1
|
13.08
|
Ox
|
7.62m @ 0.72g/t
Au & 80.9% CN Rec
|
|
|
|
SH22-04
|
85.34
|
106.68
|
21.34
|
17.03
|
0.23
|
82.9
|
4.81
|
Ox
|
|
|
|
|
SH22-05
|
1.52
|
30.48
|
28.96
|
26.05
|
0.38
|
77.9
|
10.99
|
Ox
|
1.52m @ 0.6g/t Au
& 89.1% CN Rec
4.57m @ 0.74g/t Au & 84.8% CN Rec
|
|
|
|
SH22-05
|
36.58
|
67.06
|
30.48
|
27.57
|
0.31
|
78.4
|
9.48
|
Ox
|
7.62m @ 0.62g/t
Au & 83.8% CN Rec
|
|
|
|
SH22-05
|
67.06
|
73.15
|
6.10
|
5.53
|
0.26
|
66.6
|
1.58
|
Trans
|
|
|
|
|
SH22-05
|
73.15
|
79.25
|
6.10
|
5.53
|
0.35
|
77.0
|
2.12
|
Ox
|
1.52m @ 0.55g/t
Au & 81.5% CN Rec
|
|
|
|
SH22-06
|
No Significant
Results
|
SH22-07
|
9.14
|
10.67
|
1.52
|
1.15
|
0.20
|
78.4
|
0.31
|
Ox
|
|
|
|
|
Criteria:
|
Ox and Trans
Domains, Cut off grade 0.17g/t Au, minimum length 1.5m, maximum
consecutive internal waste 6m.
Sx Domain, Cut off
grade 0.5g/t Au, minimum length 1.5m, maximum consecutive internal
waste 6m.
|
Table 2: South Railroad Drill Hole Collars
Drillhole
|
Easting
|
Northing
|
Elevation
|
Azimuth
|
Dip
|
Depth
(m)
|
Type
|
DX22-01
|
588157
|
4475397
|
2352
|
89.2
|
-56.2
|
244
|
PLANNED
|
DX22-02
|
588096
|
4475294
|
2341
|
74.3
|
-51.4
|
259
|
PLANNED
|
DX22-03
|
588161
|
4475204
|
2318
|
90.5
|
-60.2
|
244
|
PLANNED
|
DX22-04
|
588168
|
4475088
|
2343
|
121.6
|
-69.6
|
274
|
PLANNED
|
DX22-05
|
588278
|
4475521
|
2321
|
287.2
|
-45.1
|
168
|
PLANNED
|
DX22-06
|
588333
|
4475639
|
2285
|
303.9
|
-60.2
|
152
|
PLANNED
|
DX22-07
|
588171
|
4475783
|
2360
|
118.2
|
-70.2
|
198
|
PLANNED
|
DX22-08
|
588155
|
4475601
|
2373
|
88.4
|
-58.6
|
238
|
PLANNED
|
DX22-09
|
588169
|
4475695
|
2371
|
89.6
|
-59.9
|
198
|
PLANNED
|
DX22-10
|
588203
|
4475823
|
2339
|
92.5
|
-51.9
|
183
|
PLANNED
|
DX22-11
|
588181
|
4475905
|
2314
|
136.5
|
-60.7
|
183
|
PLANNED
|
DX22-12
|
588158
|
4475131
|
2340
|
117.0
|
-67.8
|
274
|
PLANNED
|
JW22-01
|
584728
|
4473201
|
2380
|
117.9
|
-49.6
|
146
|
PLANNED
|
JW22-02
|
584693
|
4473095
|
2361
|
109.8
|
-50.6
|
168
|
PLANNED
|
JW22-03
|
584783
|
4473190
|
2381
|
122.5
|
-51.8
|
131
|
PLANNED
|
JW22-04
|
584798
|
4473370
|
2375
|
118.5
|
-45.6
|
152
|
PLANNED
|
JW22-05
|
584702
|
4473368
|
2379
|
58.6
|
-48.7
|
168
|
PLANNED
|
JW22-06
|
584642
|
4472890
|
2315
|
65.0
|
-50.5
|
137
|
PLANNED
|
JW22-07
|
584768
|
4473000
|
2340
|
221.9
|
-65.8
|
183
|
PLANNED
|
JW22-08
|
584701
|
4472996
|
2342
|
120.5
|
-50.8
|
137
|
PLANNED
|
LT22-01
|
583389
|
4482178
|
2183
|
59.1
|
-54.1
|
152
|
PLANNED
|
LT22-02
|
583266
|
4482209
|
2170
|
55.0
|
-56.0
|
183
|
PLANNED
|
POD22-01
|
584319
|
4487353
|
2151
|
279.4
|
-89.9
|
61
|
FINAL
|
POD22-02
|
584316
|
4487352
|
2151
|
259.1
|
-43.7
|
67
|
FINAL
|
POD22-03
|
584268
|
4487385
|
2162
|
280.1
|
-58.9
|
61
|
FINAL
|
POD22-04
|
584270
|
4487381
|
2161
|
189.1
|
-54.1
|
67
|
FINAL
|
POD22-05
|
584257
|
4487423
|
2162
|
240.5
|
-43.9
|
73
|
FINAL
|
POD22-06
|
584256
|
4487424
|
2162
|
219.7
|
-44.9
|
73
|
FINAL
|
POD22-07
|
584089
|
4487491
|
2207
|
248.7
|
-74.7
|
101
|
FINAL
|
POD22-08
|
584088
|
4487491
|
2207
|
243.9
|
-48.9
|
101
|
FINAL
|
POD22-09
|
584091
|
4487489
|
2207
|
219.6
|
-49.6
|
79
|
FINAL
|
POD22-10
|
584161
|
4487369
|
2189
|
44.7
|
-45.2
|
85
|
FINAL
|
POD22-11
|
584057
|
4487388
|
2226
|
38.9
|
-50.3
|
116
|
FINAL
|
POD22-11B
|
584057
|
4487389
|
2226
|
50.2
|
-49.0
|
116
|
FINAL
|
POD22-12
|
584057
|
4487389
|
2226
|
46.7
|
-76.0
|
30
|
FINAL
|
POD22-13
|
584058
|
4487533
|
2220
|
269.4
|
-51.5
|
122
|
FINAL
|
POD22-14
|
584093
|
4487489
|
2207
|
200.1
|
-45.4
|
91
|
FINAL
|
POD22-15
|
584102
|
4487459
|
2204
|
185.5
|
-56.3
|
61
|
FINAL
|
POD22-16
|
584104
|
4487460
|
2204
|
50.4
|
-65.7
|
79
|
FINAL
|
POD22-17
|
584121
|
4487424
|
2198
|
20.4
|
-64.5
|
91
|
FINAL
|
PR22-01
|
585305
|
4478639
|
2104
|
271.9
|
-61.9
|
244
|
FINAL
|
PR22-02
|
585313
|
4478640
|
2104
|
88.7
|
-60.1
|
198
|
FINAL
|
PR22-03
|
585181
|
4478665
|
2086
|
260.0
|
-68.3
|
232
|
FINAL
|
PR22-04
|
585537
|
4478661
|
2162
|
304.7
|
-88.1
|
232
|
FINAL
|
PR22-05
|
585626
|
4478523
|
2135
|
242.2
|
-75.8
|
264
|
FINAL
|
PR22-06
|
585624
|
4478525
|
2135
|
286.8
|
-53.4
|
259
|
FINAL
|
PR22-07
|
585431
|
4478461
|
2125
|
269.7
|
-70.4
|
255
|
FINAL
|
PR22-08
|
585429
|
4478463
|
2125
|
295.2
|
-61.9
|
274
|
FINAL
|
PR22-09
|
585438
|
4478463
|
2125
|
60.4
|
-65.0
|
180
|
FINAL
|
PR22-10
|
585530
|
4478455
|
2125
|
276.1
|
-89.4
|
226
|
FINAL
|
PR22-11
|
585356
|
4478674
|
2116
|
53.8
|
-73.0
|
177
|
FINAL
|
PR22-12
|
584783
|
4478702
|
2089
|
130.3
|
-69.4
|
337
|
FINAL
|
SH22-01
|
584523
|
4487463
|
2107
|
91.6
|
-80.3
|
98
|
FINAL
|
SH22-02
|
584524
|
4487462
|
2107
|
50.2
|
-48.8
|
82
|
FINAL
|
SH22-03
|
584524
|
4487456
|
2107
|
149.7
|
-55.0
|
79
|
FINAL
|
SH22-04
|
584478
|
4487268
|
2129
|
69.6
|
-55.2
|
107
|
FINAL
|
SH22-05
|
584478
|
4487365
|
2119
|
81.7
|
-65.6
|
88
|
FINAL
|
SH22-06
|
584612
|
4487472
|
2092
|
105.9
|
-53.2
|
98
|
FINAL
|
SH22-07
|
584461
|
4487342
|
2128
|
236.4
|
-44.7
|
76
|
FINAL
|
|
______________________________
|
1 All metres
reported above are down-hole intervals, with estimated true widths
averaging from 60-95% of the reported interval. See Table 1 for
estimated true widths of individual composites. All assays were
performed on 5 foot (1.5 metre) RC intervals. The reported
composites were not subject to "high grade capping" and Orla
believes that applying a top cut would have a negligible effect on
overall grades. Composites for the oxide and transition drilling
were calculated using 0.17 g/t Au, and sulphide drilling was 0.5
g/t Au cut-off grade and maximum 6 metres consecutive internal
waste. Oxide, transition, and sulphide mineralized intervals were
defined using cyanide leach results applied to >0.17 g/t Au
mineralization defined by fire assay analysis. Oxide, transition,
and sulphide intersections are defined by >70%, 40-70% and
<40% cyanide recovery results respectively.
|
|
SOURCE Orla Mining Ltd.