competent persons report - oakbay

291
THE MINERAL CORPORATION ADVISORS TO THE MINERAL BUSINESS Mineral Corporation Consultancy (Pty) Ltd Homestead Office Park P O Box 1346 Tel: +27 11 463 4867 Reg. No. 1995/000999/07 65 Homestead Avenue Cramerview Fax: +27 11 706 8616 Trading as: The Mineral Corporation Bryanston 2021 South Africa 2060 South Africa email: [email protected] DIRECTORS: JE Murphy (Managing), FH Gregory, AH Hart, RA Heins (British), SRQ Nupen INDEPENDENT TECHNICAL EXPERT: DR Young (British) Monday, November 10, 2014 The Directors Oakbay Resources & Energy Limited 144 Katherine Street SANDTON 2031 Ladies and Gentlemen COMPETENT PERSON’S REPORT ON THE SHIVA URANIUM MINE MINERAL RESOURCE ASSETS 1 INTRODUCTION 1.1 Purpose of the Report Mineral Corporation Consultancy (Pty) Limited (“The Mineral Corporation”) was commissioned by the Directors of Oakbay Resources & Energy Limited (“Oakbay”) to prepare a full Competent Person’s and Valuator’s Report on the Shiva Uranium Limited’s (“Shiva”) mineral assets that are comprised of three Mining Rights and eleven Prospecting Rights held by Shiva as of April 2014. Oakbay wishes to list itself on the JSE Limited (“JSE”) by the end of the fourth quarter of 2014 in accordance with the dictates of new potential investors. Thus Competent Persons and Valuators Reports (the “Report/s”), compliant with the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves (2007) (“the SAMREC Code”), the South African Code for the Reporting of Mineral Asset Valuation (2008) (the “SAMVAL Code”) and Section 12 of the JSE Listing Requirements, on its Gold and Uranium assets have been complied with. The Mineral Corporation were instructed to restrict its Reports to an evaluation of the mineral assets contained within the Mining Rights and not consider the potential mineral assets contained within the eleven Prospecting Rights. It was also only requested to evaluate the gold mineralisation contained in the Outer Basin reefs. 1.2 Capability and Independence The Competent Person and Valuator for the uranium and gold Mineral Resources was Mr. David Robert Young of The Mineral Corporation. Mr. Young has 40 years experience in the minerals industry as a geologist, including 16 years specialising in the assessments and economics of Witwatersrand gold and uranium underground mining as well as surface mining geology. He is registered with the South African Council for Natural Scientific Professions (SACNASP Reg. No. 989/83). Mr. Young consents to the inclusion in this Report of his contributions and related information in the form, content and context in which it appears. The Mineral Corporation operates as an independent technical advisor and consultant, providing Mineral Resource evaluation, mining and process engineering and mine valuation services to the mining industry. The Mineral Corporation has received, and will receive, professional fees for its preparation of this report. However, neither The Mineral Corporation nor any of its directors, staff or sub-consultants who contributed to this report, has any material interest in Oakbay, Shiva or the mineral assets reviewed. 12.9 (a) T1.1A(ii) T2.9 T2.2 12.8 (a) T1.1(ii) 12.9 (e) T11A (i) T2.13 T11A (ii) 12.8 (b)(i) 12.9 (c) 12.8 (b)(ii) T8A (ii)(b) T1.14

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Page 1: Competent Persons Report - Oakbay

THE MINERAL CORPORATION ADVISORS TO THE MINERAL BUSINESS

Mineral Corporation Consultancy (Pty) Ltd Homestead Office Park P O Box 1346 Tel: +27 11 463 4867 Reg. No. 1995/000999/07 65 Homestead Avenue Cramerview Fax: +27 11 706 8616 Trading as: The Mineral Corporation Bryanston 2021 South Africa 2060 South Africa email: [email protected]

DIRECTORS: JE Murphy (Managing), FH Gregory, AH Hart, RA Heins (British), SRQ Nupen

INDEPENDENT TECHNICAL EXPERT: DR Young (British)

Monday, November 10, 2014

The Directors

Oakbay Resources & Energy Limited 144 Katherine Street

SANDTON 2031

Ladies and Gentlemen

COMPETENT PERSON’S REPORT ON THE SHIVA URANIUM MINE MINERAL RESOURCE ASSETS

1 INTRODUCTION

1.1 Purpose of the Report Mineral Corporation Consultancy (Pty) Limited (“The Mineral Corporation”) was commissioned by

the Directors of Oakbay Resources & Energy Limited (“Oakbay”) to prepare a full Competent

Person’s and Valuator’s Report on the Shiva Uranium Limited’s (“Shiva”) mineral assets that are comprised of three Mining Rights and eleven Prospecting Rights held by Shiva as of April 2014.

Oakbay wishes to list itself on the JSE Limited (“JSE”) by the end of the fourth quarter of 2014 in

accordance with the dictates of new potential investors. Thus Competent Person’s and Valuator’s Reports (the “Report/s”), compliant with the South African Code for the Reporting of

Exploration Results, Mineral Resources and Mineral Reserves (2007) (“the SAMREC Code”), the

South African Code for the Reporting of Mineral Asset Valuation (2008) (the “SAMVAL Code”) and Section 12 of the JSE Listing Requirements, on its Gold and Uranium assets have been

complied with.

The Mineral Corporation were instructed to restrict its Reports to an evaluation of the mineral

assets contained within the Mining Rights and not consider the potential mineral assets contained within the eleven Prospecting Rights. It was also only requested to evaluate the gold

mineralisation contained in the Outer Basin reefs.

1.2 Capability and Independence The Competent Person and Valuator for the uranium and gold Mineral Resources was Mr. David

Robert Young of The Mineral Corporation. Mr. Young has 40 years experience in the minerals

industry as a geologist, including 16 years specialising in the assessments and economics of Witwatersrand gold and uranium underground mining as well as surface mining geology. He is

registered with the South African Council for Natural Scientific Professions (SACNASP Reg. No. 989/83). Mr. Young consents to the inclusion in this Report of his contributions and related

information in the form, content and context in which it appears.

The Mineral Corporation operates as an independent technical advisor and consultant, providing

Mineral Resource evaluation, mining and process engineering and mine valuation services to the mining industry. The Mineral Corporation has received, and will receive, professional fees for its

preparation of this report. However, neither The Mineral Corporation nor any of its directors,

staff or sub-consultants who contributed to this report, has any material interest in Oakbay, Shiva or the mineral assets reviewed.

12.9 (a)

T1.1A(ii)

T2.9

T1.1(iii)

T2.2

12.8 (a)

T1.1(ii)

12.9 (e)

T11A (i)

T2.13

T11A (ii)

12.8 (b)(i)

12.9 (c)

12.8 (b)(ii)

T8A (ii)(b)

T1.14

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2

Drafts of this report were provided to Shiva, but only for the purposes of confirming both the

accuracy of the factual material and the reasonableness of assumptions relied upon in the report. The Competent Valuator has no bias with respect to the assets reviewed or to the

parties involved in the compilation of the Competent Person’s Report.

The JSE contents for a Competent Person’s Report for a Mineral Company, as defined in the

Listing Requirements, have been complied with.

1.3 Scope of the Report/Materiality/Limitations and Exclusions The Mineral Corporation has reviewed the Shiva mineral assets in accordance with the scope of

work and exclusions and limitations and on the basis of the materiality criteria set out in

Section 1.1 to this report. The Mineral Corporation has independently reviewed and assessed the pertinent data, as provided by Shiva.

All opinions, findings and conclusions expressed in this report are those of The Mineral

Corporation and are based on information provided by Shiva. These opinions, findings and

conclusions reflect various techno-economic conditions, assumptions and interpretations (commodity prices, currency exchange rates, consumer price indices and other conditions) as at

the effective date of this report (1 October 2014) that can change significantly over a relatively short period of time and, with new information. As such, the information and opinions contained

in this report may also be subject to change.

DAVID YOUNG Competent Person and Valuator

10 November 2014

12.8(a)(ii)

T1.1 (ii)

12.9 (b)

T2.2

T2.9

T8A (ii)(b)

T2.10

T2.14

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ADVISORS TO THE MINERAL BUSINESS

Private and Confidential

Prepared on behalf of OAKBAY RESOURCES & ENERGY LIMITED

A COMPETENT PERSON’S REPORT ON THE SHIVA URANIUM MINE MINERAL RESOURCE ASSETS IN THE NORTH WEST PROVINCE,

REPUBLIC OF SOUTH AFRICA

The Mineral Corporation

Report No. C-SHU-CPR-1470-924 November 2014

P O Box 1346, Cramerview 2060, South Africa Homestead Office Park, 65 Homestead Avenue, Bryanston 2021

Telephone: +27 11 463-4867 Facsimile: +27 11 706-8616 e-mail: [email protected]

© Copyright Mineral Corporation Consultancy (Pty) Ltd

This document is for the use of Oakbay Resources & Energy Limited only and may not be transmitted to any other party, in

whole or in part, in any form without the written permission of Mineral Corporation Consultancy (Pty) Limited

THE MINERAL CORPORATION

T1.1A (i)

T1.5A (i)

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© Mineral Corporation Consultancy (Pty) Ltd Report No. C-SHU-CPR-1470-924, November 2014 A Competent Person’s Report on the Shiva Uranium Mine Mineral Resource Assets in the North West Province, Republic of South Africa

TABLE OF CONTENTS

2 LOCATION AND CLIMATE OF THE PROJECT .......................................................................1 3 HISTORICAL BACKGROUND TO THE PROJECT ....................................................................1

3.1 The Discovery of Gold in the Witwatersrand Basin .....................................................1 3.1.1 The discovery of gold in the Project area ..............................................................2 3.2 The Background to the Shiva Uranium Mine ..............................................................3 3.3 Previous Production .................................................................................................4 3.3.1 Production from the Witwatersrand Basin .............................................................4 3.3.2 History of gold production from the Shiva Uranium Mine .......................................4 3.3.3 History of uranium production from the Shiva Uranium Mine .................................4 3.3.4 History of gold mining (after Harley, 2006a) .........................................................5 3.3.5 Previous successes and failures ............................................................................6 3.3.5.1 Uranium section ............................................................................................. 6 3.3.5.2 Gold section ................................................................................................... 8

4 GEOLOGY OF THE DOMINION GROUP AND WITWATERSRAND BASIN .................................8 4.1 The Regional Geology of the Witwatersrand Triad ......................................................8 4.1.1 Introduction ........................................................................................................8 4.1.1.1 The major components ................................................................................... 8 4.1.1.2 The discovery................................................................................................. 8 4.1.1.3 The impact .................................................................................................... 8 4.1.1.4 The depository ............................................................................................... 9 4.2 Regional Geology of the Dominion Group and the West Rand Group ...........................9 4.2.1 Stratigraphy ........................................................................................................9 4.2.1.1 Overview ....................................................................................................... 9 4.2.1.2 Dominion Group ........................................................................................... 10 4.2.1.3 West Rand Group ......................................................................................... 12 4.2.2 Depositional environments ................................................................................. 13 4.2.3 Origin of mineralisation ..................................................................................... 15 4.2.4 Structural setting .............................................................................................. 15 4.2.4.1 Dominion Group, Pre-Witwatersrand deposition ............................................. 15 4.2.4.2 Structural evolution of the Witwatersrand Basin ............................................. 16 4.2.4.3 Structure of the Klerksdorp Goldfield ............................................................. 16 4.3 Local Geology of the Gold and Uranium-bearing Reefs of the Shiva Uranium Mine ..... 18 4.3.1 The Dominion Reefs .......................................................................................... 18 4.3.1.1 Stratigraphy and economic horizons .............................................................. 18 4.3.1.2 Mineralisation ............................................................................................... 19 4.3.2 The Outer Basin Reefs ....................................................................................... 19 4.3.2.1 Stratigraphy and economic horizons .............................................................. 19 4.3.2.2 Sedimentation .............................................................................................. 20 4.3.2.3 Mineralisation ............................................................................................... 21

5 EXPLORATION HISTORY .................................................................................................. 21 5.1 Uranium Section .................................................................................................... 21 5.2 Gold Section .......................................................................................................... 22

6 LEGAL FRAMEWORK – TENURE ........................................................................................ 22 6.1 Mining Rights ........................................................................................................ 23 6.2 Prospecting Rights ................................................................................................. 23 6.3 Section 102 Application .......................................................................................... 23 6.4 Surface Rights ....................................................................................................... 24

7 LEGAL FRAMEWORK - SOCIAL ......................................................................................... 24 8 LEGAL FRAMEWORK – ENVIRONMENTAL.......................................................................... 27

8.1 Mineral and Petroleum Resources Development Act, No. 28 of 2002 (MPRDA) ........... 27 8.1.1 Mining Right 228MR .......................................................................................... 27 8.1.2 Mining Right 400MR and 401MR ........................................................................ 27 8.1.3 Conclusion ........................................................................................................ 27

T1.1A (i)

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8.2 National Environmental Management Act (No. 107 of 1998) (NEMA) and the EIA

Regulations of 2010 ............................................................................................... 28 8.3 The National Environmental Management: Waste Act (No. 59 of 2008) (NEM:WA) .... 28 8.4 National Environmental Management: Air Quality Act (No. 39 of 2004) (NEM:AQA).... 29 8.5 National Environmental Management: Biodiversity Act (No. 10 of 2004) (NEM:BA) .... 29 8.6 National Nuclear Regulator (NNR) ........................................................................... 29

9 LEGAL FRAMEWORK – WATER USE LICENSES .................................................................. 30 9.1 WUL Compliance Inspection ................................................................................... 31 9.2 WUL Amendments ................................................................................................. 31 9.3 Conclusions ........................................................................................................... 31

10 CLOSURE COSTS ............................................................................................................. 32 11 URANIUM PROJECT ......................................................................................................... 32

11.1 Exploration Data .................................................................................................... 32 11.1.1 Database validation ........................................................................................... 32 11.1.1.1 Data capture errors ...................................................................................... 33 11.1.1.2 Borehole exclusion ....................................................................................... 33 11.1.1.3 Site visit....................................................................................................... 35 11.1.1.3.1 The core yard .............................................................................................. 35 11.1.1.3.2 Verification of collar coordinates .................................................................... 36 11.1.1.3.3 Borehole logging .......................................................................................... 36 11.1.1.3.4 Data control and storage .............................................................................. 37 11.1.1.3.5 Data retrieval and backup processes.............................................................. 37 11.1.1.4 Data verification ........................................................................................... 37 11.1.1.5 Underground chip data verification ................................................................ 38 11.1.1.6 Mineralisation verification .............................................................................. 39 11.1.1.7 Validated data .............................................................................................. 39 11.1.2 Analytical QAQC ................................................................................................ 41 11.1.3 Identification of the Dominion Reefs................................................................... 41 11.1.4 AAC 2004 borehole sampling and assaying due diligence ..................................... 41 11.1.4.1 AAC 2004 analytical QAQC ............................................................................ 42 11.1.5 Initial Uranium One analytical QAQC .................................................................. 46 11.1.6 Main Uranium One analytical QAQC .................................................................... 47 11.1.6.1 Blanks ......................................................................................................... 47 11.1.6.2 Duplicates .................................................................................................... 49 11.1.6.3 Standards .................................................................................................... 51 11.1.7 Analytical QAQC conclusions .............................................................................. 55 11.1.7.1 AAC 2004 analyses ....................................................................................... 55 11.1.7.2 Uranium One analyses .................................................................................. 55 11.1.8 Laboratory and analytical methods ..................................................................... 56 11.1.8.1 AAC 2004 samples ........................................................................................ 56 11.1.8.2 Uranium One samples .................................................................................. 56 11.1.9 Surveying techniques ........................................................................................ 56 11.1.9.1 Borehole down hole surveys.......................................................................... 56 11.1.9.2 Borehole collar and down hole survey techniques ........................................... 57 11.1.9.3 Accuracy of the spatial data .......................................................................... 57 11.1.9.4 Survey systems ............................................................................................ 57 11.1.9.5 Geophysics and remote sensing techniques ................................................... 57 11.1.10 Exploration techniques ...................................................................................... 57 11.1.10.1 Surface drilling ............................................................................................. 57 11.1.11 Density measurements ...................................................................................... 58 11.1.11.1 Density values applied .................................................................................. 58 11.1.12 Sampling methods and recovery ........................................................................ 58 11.1.13 Database description and audits ........................................................................ 60 11.1.14 Geological model, correlation and mineability...................................................... 60 11.1.14.1 Structural interpretation ................................................................................ 60 11.1.14.2 Reef duplication ........................................................................................... 63

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11.1.14.3 Reef Coding ................................................................................................. 63 11.1.14.4 Interpretations of the mineralisation model .................................................... 64 11.1.14.5 Mineability - underground ............................................................................. 64 11.2 Mineral Resource Estimation ................................................................................... 65 11.2.1 Evaluation database employed ........................................................................... 65 11.2.2 Resource estimation area .................................................................................. 65 11.2.3 Data analysis .................................................................................................... 65 11.2.3.1 Histograms and probability plots ................................................................... 66 11.2.3.2 Coefficient of variation .................................................................................. 66 11.2.4 Data manipulation ............................................................................................. 71 11.2.4.1 Data compositing, minimum and maximum reef width determination .............. 71 11.2.4.2 Dip correction .............................................................................................. 71 11.2.4.3 Metal content outliers ................................................................................... 71 11.2.4.4 Metal content top-capping ............................................................................ 71 11.2.4.5 Declustered grid size determination ............................................................... 72 11.2.4.6 Block size determination ............................................................................... 73 11.2.4.7 Geotechnical, geo-hydrological and geo-metallurgical models.......................... 74 11.2.4.8 Domaining ................................................................................................... 74 11.2.5 Mineral Resource estimation process .................................................................. 77 11.2.5.1 Modelling methodology and interpolation ....................................................... 77 11.2.5.2 Spatial characterisation ................................................................................. 77 11.2.5.3 Variography ................................................................................................. 77 11.2.5.4 Search parameters ....................................................................................... 80 11.2.6 Geological losses ............................................................................................... 80 11.2.6.1 Explicit geological losses ............................................................................... 80 11.2.6.2 Implicit geological losses............................................................................... 80 11.2.7 Mineralisation and geological continuity .............................................................. 82 11.2.7.1 Geological continuity .................................................................................... 82 11.2.7.2 Mineralisation continuity ............................................................................... 84 11.2.7.3 Spatial Analysis - Maps of content and thickness plots .................................... 84 11.3 Mineral Resource classification ................................................................................ 91 11.3.1 Mineral Resource classification criteria ................................................................ 91 11.3.1.1 Geological confidence ................................................................................... 91 11.3.1.1.1 Geophysics .................................................................................................. 91 11.3.1.1.2 Structural interpretation ................................................................................ 91 11.3.1.1.3 Reef outcrop position ................................................................................... 91 11.3.1.1.4 Proximity to stoped-out areas ....................................................................... 92 11.3.1.1.5 Palaeo-topography ....................................................................................... 92 11.3.1.2 QAQC .......................................................................................................... 92 11.3.1.3 Kriging Efficiency .......................................................................................... 92 11.3.1.4 Number of samples used to derive the estimate ............................................. 92 11.3.1.5 Search volume ............................................................................................. 93 11.3.1.6 Density ........................................................................................................ 93 11.3.1.7 Product ........................................................................................................ 93 11.3.1.8 Plots of the classification ............................................................................... 93 11.4 Mineability, Mining Economics and Cut-off Grade for the Underground Operations ..... 98 11.4.1 2009 Study ....................................................................................................... 98 11.4.2 2014 Study ....................................................................................................... 98 11.5 Mineral Resource Statement ................................................................................... 99 11.6 Reconciliation ........................................................................................................ 99 11.6.1 Reconciliation with previous Mineral Resource statements ................................. 100 11.6.1.1 Resource area ............................................................................................ 100 11.6.1.2 Density ...................................................................................................... 100 11.6.1.3 Thickness .................................................................................................. 100 11.6.1.4 Explicit geological losses ............................................................................. 101 11.6.1.5 Implicit geological losses............................................................................. 101

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11.6.1.6 Cut-off ....................................................................................................... 101 11.6.1.7 Grade ........................................................................................................ 101 11.6.1.8 Resource estimation parameters ................................................................. 101 11.6.2 Block model validation ..................................................................................... 101 11.6.2.1 Data vs. Block grades and thicknesses ......................................................... 101 11.6.2.2 Reconciliation against the Deiss (2009) Model .............................................. 102 11.7 Uranium Market Review ....................................................................................... 102 11.7.1 Introduction .................................................................................................... 102 11.7.2 Demand ......................................................................................................... 103 11.7.3 Supply ............................................................................................................ 103 11.7.4 U3O8 pricing and market outlook ...................................................................... 104

12 GOLD PROJECT ............................................................................................................. 105 12.1 Exploration Data .................................................................................................. 105 12.1.1 Exploration techniques .................................................................................... 106 12.1.1.1 Uranium One ............................................................................................. 106 12.1.1.2 Shiva ......................................................................................................... 107 12.1.2 Database validation ......................................................................................... 107 12.1.2.1 Site visit..................................................................................................... 107 12.1.2.1.1 The core yard ............................................................................................ 107 12.1.3 Verification of collar coordinates ...................................................................... 108 12.1.4 Mineralisation verification ................................................................................ 108 12.1.5 Data format .................................................................................................... 109 12.1.6 Borehole exclusion list ..................................................................................... 109 12.1.7 Laboratory analytical QAQC – Uranium One data .............................................. 109 12.1.7.1 Borehole laboratory analytical QAQC ........................................................... 110 12.1.7.2 Certified Reference Material ........................................................................ 110 12.1.7.3 Duplicate pulp analyses .............................................................................. 110 12.1.8 Borehole exploration analytical QAQC – Uranium One data ................................ 111 12.1.8.1 Blank material ............................................................................................ 111 12.1.8.2 Duplicate sample analyses .......................................................................... 112 12.1.8.3 Certified Reference Material analyses........................................................... 113 12.1.9 Borehole exploration analytical QAQC – Shiva data ........................................... 113 12.1.9.1 Blank Material Data .................................................................................... 113 12.1.9.2 Duplicate Data ........................................................................................... 114 12.1.10 In pit sampling analytical assurance and control ............................................... 115 12.1.10.1 Duplicates .................................................................................................. 115 12.1.11 SuperLabs analytical methods .......................................................................... 115 12.1.12 Analytical QAQC conclusions ............................................................................ 116 12.1.12.1 Uranium One laboratory data ...................................................................... 116 12.1.12.2 Uranium One exploration data ..................................................................... 117 12.1.12.3 Shiva laboratory data.................................................................................. 117 12.1.12.4 Shiva Exploration Data ................................................................................ 117 12.1.13 Surveying techniques ...................................................................................... 117 12.1.14 In-pit chip sampling audit ................................................................................ 117 12.1.15 Downhole surveys ........................................................................................... 119 12.1.16 Data Distribution ............................................................................................. 119 12.1.17 Density measurements .................................................................................... 121 12.1.18 Sampling methods and recovery ...................................................................... 121 12.1.18.1 Borehole sampling ...................................................................................... 121 12.1.18.2 Diamond drill core ...................................................................................... 121 12.1.18.3 Underground chips sampling data ............................................................... 121 12.1.18.4 In pit chip sampling .................................................................................... 121 12.1.19 Database description and audits ...................................................................... 121 12.1.20 Geological model, correlation and mineability.................................................... 121 12.1.20.1 Structural interpretation .............................................................................. 123 12.1.20.2 Geological wireframe model ........................................................................ 125

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12.2 Mineral Resource Estimation ................................................................................. 125 12.2.1 Description of data employed .......................................................................... 125 12.2.2 Mineral Resource estimation process ................................................................ 126 12.2.2.1 Conglomerate estimation philosophy ........................................................... 126 12.2.2.2 Quartzite evaluation philosophy ................................................................... 126 12.2.2.3 Data compositing ....................................................................................... 126 12.2.2.4 Treatment of deflections ............................................................................. 127 12.2.2.5 Spatial Analysis .......................................................................................... 127 12.2.2.5.1 Maps of content and thickness plots ............................................................ 127 12.2.2.5.2 Geological domaining ................................................................................. 133 12.2.2.6 Statistical analysis ...................................................................................... 133 12.2.2.7 Capping ..................................................................................................... 135 12.2.2.8 Conglomerate variography .......................................................................... 135 12.2.2.9 Quartzite variography ................................................................................. 135 12.2.2.10 Conglomerate grade estimation ................................................................... 138 12.2.2.11 Quartzite grade estimation .......................................................................... 138 12.2.2.12 Block model compilation ............................................................................. 138 12.2.3 Geological losses ............................................................................................. 138 12.2.3.1 Geological continuity .................................................................................. 139 12.2.4 Mineral and geological continuity ..................................................................... 139 12.3 Mineral Resource Classification ............................................................................. 142 12.3.1 Mineral Resource classification criteria .............................................................. 142 12.3.2 Kriging Efficiency ............................................................................................ 142 12.3.3 Structural interpretation .................................................................................. 143 12.3.4 Reef outcrop position ...................................................................................... 143 12.3.5 QAQC ............................................................................................................. 143 12.3.6 Final classification ........................................................................................... 143 12.4 Mineability, Mining Economics and Cut-off Grade ................................................... 150 12.5 Mineral Resource Statement ................................................................................. 150 12.6 Reconciliation with Previous Mineral Resource Statements ...................................... 151 12.7 Block Model Reconciliation .................................................................................... 151 12.8 Gold Marketing .................................................................................................... 152

13 RISK ASSESSMENT ........................................................................................................ 152 13.1 Background ......................................................................................................... 152 13.2 Tenure ................................................................................................................ 152 13.3 Environmental ..................................................................................................... 153 13.4 Geology and Mineral Resources ............................................................................ 153 13.5 Plant and Ore Processing ..................................................................................... 153 13.6 Mining ................................................................................................................. 154 13.7 Marketing ............................................................................................................ 154

14 PROJECT VALUATIONS .................................................................................................. 154 14.1 Mineral Asset Valuation ........................................................................................ 154 14.1.1 Cost approach................................................................................................. 154 14.1.2 Market approach ............................................................................................. 154 14.1.3 Uranium Section ............................................................................................. 154 14.1.3.1 Cost approach valuation of the data ............................................................ 154 14.1.3.2 Market approach valuation of the U3O8 ........................................................ 155 14.1.4 Gold Section ................................................................................................... 159 14.1.4.1 Cost approach ............................................................................................ 159 14.1.4.2 Gold valuation data .................................................................................... 160 14.2 Mineral Asset Valuation Results ............................................................................ 163 14.2.1 Cost Approach ................................................................................................ 163 14.2.2 Market Approach ............................................................................................. 163 14.3 Mineral Asset Valuation Conclusions ...................................................................... 164

15 EXPLORATION EXPENDITURE ........................................................................................ 164 16 CONCLUSIONS .............................................................................................................. 165

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17 REFERENCES ................................................................................................................ 170 18 GLOSSARIES ................................................................................................................. 172

LIST OF FIGURES

Figure 1: Locality plan .......................................................................................................... 1 Figure 2: Geological map of the Witwatersrand Basin ............................................................. 2 Figure 3: Uranium One U3O8 production data ........................................................................ 6 Figure 4: Uranium One Au production data ........................................................................... 7 Figure 5: Geological map of Witwatersrand Basin showing outcrops of the Dominion,

Witwatersrand and Ventersdorp Supergroups, as well as other cover sequences ....... 9 Figure 6: Map showing location of known surface and sub-surface extent of the Dominion

Group ................................................................................................................. 12 Figure 7: Generalised stratigraphy of the Dominion Group and the West Rand Group with

detail of the Dominion Reef and the Outer Basin Reefs .......................................... 14 Figure 8: Schematic illustration of the environment of deposition for the three main types

of conglomerate .................................................................................................. 15 Figure 9: Schematic W-E structural section from Rietkuil to Klerksdorp ................................. 17 Figure 10: Schematic cross section illustrating progressive erosional truncation of lower

stratigraphic units of the Central Rand Group towards the northwest margin of the Klerksdorp Goldfield ....................................................................................... 17

Figure 11: Company structure and ownership ....................................................................... 22 Figure 12: Tenure plan ........................................................................................................ 25 Figure 13: Drilling campaigns ............................................................................................... 34 Figure 14: Core yard security ............................................................................................... 35 Figure 15: The colour coded core boxes and core shed map .................................................. 35 Figure 16: The collar of DRT119 as verified in the field .......................................................... 36 Figure 17: Au- U3O8 grade relationship for the underground chip data .................................... 38 Figure 18: Mean Deviation plot of pulp re-analyses results for Au and U3O8 from selected

boreholes ............................................................................................................ 39 Figure 19: Borehole evaluation database ............................................................................... 40 Figure 20: Twin hole drilling uranium certified reference material (UREM) results ................... 42 Figure 21: Twin hole drilling uranium analytical comparison between pressed pellet and

borate fusion discs at Set Point ............................................................................ 43 Figure 22: AAC 2004 and Set Point uranium mean deviation results for the re-sampling

exercise .............................................................................................................. 44 Figure 23: AAC 2004 and SGS uranium mean deviation results for the re-sampling exercise ..... 45 Figure 24: AAC 2004 and SGS gold mean deviation results for the re-sampling exercise .......... 45 Figure 25: Set Point U3O8 CRM results ................................................................................... 46 Figure 26: Set Point Au CRM results ..................................................................................... 46 Figure 27: Blank analytical results for U308 ............................................................................ 47 Figure 28: Blank analytical results for Au .............................................................................. 48 Figure 29: Duplicate sample analyses of U3O8 for the D3/D4 Shaft area by AARL .................... 49 Figure 30: Duplicate pulp analyses of U3O8 for the Vertical Shaft area by AARL, SGS and

Labolink .............................................................................................................. 50 Figure 31: Duplicate sample analyses of Au for the D3/D4 Shaft area by Performance

Laboratory .......................................................................................................... 50 Figure 32: Duplicate pulp analyses of Au for the Vertical Shaft area by Set Point,

Performance Laboratory and SGS ......................................................................... 51 Figure 33: UREM 2 analytical results for the D3/D4 Shaft area by AARL .................................. 52 Figure 34: UREM 2 analytical results for the Vertical Shaft area by AARL, Labolink and Set

Point................................................................................................................... 52 Figure 35: SARM 53 and SARM 56 analytical results for the D3/D4 Shaft area by

Performance Laboratory....................................................................................... 53

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Figure 36: SARM 56 analytical results for the Vertical Shaft area by Performance Laboratory,

Set Point and SGS laboratories ............................................................................. 54 Figure 37: SARM 53 analytical results for the Vertical Shaft area by Performance Laboratory,

Set Point and SGS laboratories ............................................................................. 54 Figure 38: Mean deviation plot of Young’s measured samples v logged sample lengths ........... 59 Figure 39: Southwest (left) to northeast (right) long section of the Project area highlighting

the UDOM Reef ................................................................................................... 61 Figure 40: Structural block in the Project area with section line indicated ................................ 62 Figure 41: The UDOM and LDOM intersections in Borehole DDR019D1 ................................... 63 Figure 42: UDOM histograms ............................................................................................... 67 Figure 43: LDOM histograms ................................................................................................ 68 Figure 44: UDOM probability plots ........................................................................................ 69 Figure 45: LDOM probability plots ......................................................................................... 70 Figure 46: Declustered MGTAU means against block size ....................................................... 72 Figure 47: Declustered MGTU means against block size ......................................................... 73 Figure 48: Declustered thickness means against block size ..................................................... 73 Figure 49: The domains used for the estimation of the U3O8 metal accumulations of the

Project ................................................................................................................ 75 Figure 50: The domains used for the estimation of the Au metal accumulations of the

Project ................................................................................................................ 76 Figure 51: UDOM variograms ............................................................................................... 78 Figure 52: LDOM variograms ................................................................................................ 79 Figure 53: Example of explicit geological losses ..................................................................... 81 Figure 54: Mineralisation depth below surface contours ......................................................... 83 Figure 55: UDOM U3O8 content............................................................................................. 85 Figure 56: UDOM Au content ................................................................................................ 86 Figure 57: UDOM thickness .................................................................................................. 87 Figure 58: LDOM U3O8 content ............................................................................................. 88 Figure 59: LDOM Au content ................................................................................................ 89 Figure 60: LDOM thickness................................................................................................... 90 Figure 61: Schematic section showing deposition of LDOM on the base-topography ................ 92 Figure 62: Classification of the estimated UDOM U3O8 Resources ............................................ 94 Figure 63: Classification of the estimated UDOM Au Resources ............................................... 95 Figure 64: Classification of the estimated LDOM U3O8 Resources ............................................ 96 Figure 65: Classification of the estimated LDOM Au Resources ............................................... 97 Figure 66: U3O8 supply and demand dynamics .................................................................... 104 Figure 67: U3O8 Pricing 2007 to 2012 .................................................................................. 105 Figure 68: Core trays for borehole MDP008 (Uranium One) with half core sampled ............... 106 Figure 69: Old mine workings at the Shiva Uranium Mine ..................................................... 107 Figure 70: Casing and collar location of OBN 080 ................................................................ 108 Figure 71: Analytical results of resampled pulps compared to the Uranium One data ............. 108 Figure 72: Set Point Au CRM results ................................................................................... 110 Figure 73: Set Point duplicate analytical results for Au ......................................................... 111 Figure 74: Set Point Au blank analyses results ..................................................................... 112 Figure 75: Set Point duplicate exploration results for Au ...................................................... 112 Figure 76: Set Point error deviation analytical results for SARM 56 (left) and SARM 53 (right) 113 Figure 77: SuperLabs blank material results of exploration samples ...................................... 114 Figure 78: SuperLabs mean deviation duplicate results of exploration samples ...................... 114 Figure 79: SuperLabs duplicate pulp analytical results .......................................................... 115 Figure 80: SuperLabs CRM participation results ................................................................... 116 Figure 81: Data distribution in the Project area ................................................................... 120 Figure 82: Schematic section of the economic conglomerate horizons within the

Koedoeslaagte Formation ................................................................................... 122 Figure 83: Lower Reef mining areas with the borehole and sampling data Au contents .......... 123 Figure 84: Outer Basin reefs long section ............................................................................ 124 Figure 85: Outer Basin reefs cross section........................................................................... 124

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Figure 86: Geological wireframe model for the 5 Reef .......................................................... 125 Figure 87: 5Q data distribution and content plot .................................................................. 127 Figure 88: 5Q data distribution and reef thickness plot ........................................................ 128 Figure 89: 5 Reef data distribution and content plot ............................................................ 128 Figure 90: 5 Reef data distribution and thickness plot .......................................................... 129 Figure 91: Upper Reef data distribution and content plot ..................................................... 129 Figure 92: Upper Reef data distribution and thickness plot ................................................... 130 Figure 93: Middle Reef data distribution and content plot ..................................................... 130 Figure 94: Middle Reef data distribution and thickness plot .................................................. 131 Figure 95: Lower Reef data distribution and content plot ..................................................... 131 Figure 96: Lower Reef data distribution and thickness content plot ....................................... 132 Figure 97: Magazine Reef data distribution and content plot ................................................ 132 Figure 98: Magazine Reef data distribution and thickness plot .............................................. 133 Figure 99: Histograms ....................................................................................................... 134 Figure 100: Variograms for Au content and thickness ............................................................ 136 Figure 101: 5Q Au grade continuity ...................................................................................... 139 Figure 102: 5 Reef Au grade continuity ................................................................................. 140 Figure 103: Upper Reef Au grade continuity .......................................................................... 140 Figure 104: Middle Reef Au grade continuity ......................................................................... 141 Figure 105: Lower Reef Au grade continuity .......................................................................... 141 Figure 106: Magazine Reef Au grade continuity ..................................................................... 142 Figure 107: 5Q Mineral Resource classification ...................................................................... 144 Figure 108: 5 Reef Mineral Resource classification ................................................................. 145 Figure 109: Upper Reef Mineral Resource classification .......................................................... 146 Figure 110: Middle Reef Mineral Resource classification ......................................................... 147 Figure 111: Lower Reef Mineral Resource classification .......................................................... 148 Figure 112: Magazine Reef Mineral Resource classification ..................................................... 149 Figure 113: Plan showing the Mineral Resources area in relation to the inland water body ....... 151 Figure 114: Au spot price over the last ten years ................................................................... 152 Figure 115: U3O8 resource transaction plot of price ratio, spot price and date of transaction .... 157 Figure 116: Relationship between attributable U3O8 Mlbs and the price ratio ........................... 158 Figure 117: Comparison of Price Ratios for the six U3O8 cases; averages and 90% confidence

limit intervals .................................................................................................... 159 Figure 118: Au resource transaction plot of price ratio, spot price and date of transaction ....... 162 Figure 119: Comparison of price ratios for the four Au cases; averages and 90% confidence

limit intervals .................................................................................................... 163

LIST OF TABLES

Table 1: Historical production of Au from the Rietkuil Syncline .............................................. 5 Table 2: Major groupings of the Dominion Group and Witwatersrand Supergroup................. 10 Table 3: List of the more common uranium bearing minerals found within the Dominion

Group ................................................................................................................. 19 Table 4: List of prospecting rights held by Shiva ................................................................. 26 Table 5: Summary of current status of activities ................................................................. 27 Table 6: Activities as per the NEMA EIA Regulations potentially requiring Environmental

Authorisation....................................................................................................... 28 Table 7: NEM:AQA listed activity ........................................................................................ 29 Table 8: Average chip sampling grades for the UDOM at the Dominion and Rietkuil

Sections .............................................................................................................. 38 Table 9: QAQC statistics .................................................................................................... 41 Table 10: Summary findings of the AAC 2004 data audit (Nzama and Arnold, 2005) ............... 43 Table 11: Blank Material returned grades for U3O8 ................................................................ 48 Table 12: Blank material returned grades for Au .................................................................. 48 Table 13: Certified grades of the CRMs employed ................................................................. 51

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Table 14: Laboratories used and methods employed for the Uranium One samples ................ 56 Table 15: Laboratory accreditation ...................................................................................... 56 Table 16: Instruments and Survey Systems Employed .......................................................... 57 Table 17: Maximum sampled intersection depths for the Rietkuil and Dominion Sections ........ 65 Table 18: Basic statistics ..................................................................................................... 66 Table 19: Coefficient of variation ......................................................................................... 66 Table 20: The top caps applied to data used for variogram modelling .................................... 71 Table 21: The top caps applied to the data used for kriging .................................................. 72 Table 22: Variogram parameters ......................................................................................... 80 Table 23: Cut-off derivation parameters ............................................................................... 98 Table 24: Example ............................................................................................................. 99 Table 25: Dominion Reefs Mineral Resource statement as at 30 September 2014 ................... 99 Table 26: SRK audited underground Mineral Resource Statement dated 31 December 2007 . 100 Table 27: Comparison of estimated thickness ..................................................................... 100 Table 28: Block Model vs. declustered U3O8 g/t grades ....................................................... 101 Table 29: Block Model vs. declustered Au g/t Grades .......................................................... 102 Table 30: Comparison of the Young (2014) and Deiss (2009) mineral inventories at nil cut-

off .................................................................................................................... 102 Table 31: Au section QAQC statistics ................................................................................. 109 Table 32: Analytical results ............................................................................................... 119 Table 33: Number of samples ........................................................................................... 126 Table 34: Summary statistics ............................................................................................ 133 Table 35: Variogram model parameters for conglomerate units ........................................... 135 Table 36: Mineral Resources by geological unit .................................................................. 150 Table 37: Reconciliation of Mineral Resource grades ........................................................... 151 Table 38: Cost approach elements and values for the U3O8 section...................................... 155 Table 39: U3O8 Resources trade data ................................................................................. 156 Table 40: U3O8 trade data price ratio statistics ................................................................... 156 Table 41: U3O8 five trading ratio statistics for both equal and weighted methods.................. 157 Table 42: U3O8 all trading ratio statistics for both equal and weighted methods ................... 157 Table 43: Trades of U3O8 content greater than 100Mlbs for both equal and weighted

methods ........................................................................................................... 158 Table 44: Cost approach elements and values for the Au section ......................................... 160 Table 45: Au Resources Trade Data ................................................................................... 161 Table 46: Au trade data statistics ...................................................................................... 162 Table 47: Less than US$1 400/oz trading ratio statistics for both equal and weighted ........... 162 Table 48: Au all trading ratio statistics for both equal and weighted .................................... 163 Table 49: Cost approach valuation results .......................................................................... 163 Table 50: Market approach valuation results ...................................................................... 164 Table 51: Exploration expenditure by Shiva ........................................................................ 164

LIST OF APPENDICES

Appendix 1: Qualifications of Key Technical Staff contributing to the CPR and CVR Appendix 2: Kriging Efficiency Plots for the Uranium Section Appendix 3: Number of Samples used for the estimation Appendix 4: Uranium Section - U3O8 ppm Grade Sensitivity Tables Appendix 5: Gold Section - Au Grade Sensitivity Tables Appendix 6: Borehole data used for the valuation of Mineral Resources in the Uranium Section Appendix 7: Borehole data used for the valuation of Mineral Resources in the Gold Section

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JSE LIMITED SECTION 12 REQUIREMENTS

12.8 (a) (i) 1.1 12.9 (g) To be posted on Shiva’s website

12.8 (a) (ii) 1.2 12.9 (h) (i) Executive Summary – 1.1

12.8 (b) (i) 1.2 12.9 (h) (ii) Executive Summary – 6

12.8 (b) (ii) 1.2 12.9 (h) (iii) Executive Summary – 2

12.9 (a) Letterhead 12.9 (h) (iv) Executive Summary – 6

12.9 (b) 1.3 12.9 (h) (v) Executive Summary – 4.2

12.9 (c) 1.2 12.9 (h) (vi) Executive Summary - 15

12.9 (d) 1 12.9 (h) (viii) Executive Summary - 8

12.9 (e) 1.1 12.9 (h) (ix) Executive Summary – 11.4

12.9 (e) (i) 15 12.9 (h) (x) Executive Summary – 13.1

12.9 (e) (ii) 15 12.9 (h) (xi) Executive Summary – 1.3

12.9 (e) (iii) 15 12.9 (h) (xii) Executive Summary – 14.3

12.9 (f) 14

SAMREC CHECKLIST “T” NUMBER AND SECTION REFERENCE

“T” Number Section Reference “T” Number Section Reference

T1.1A (i) Front pages T3.2A (i) 12.1.5

T1.1A (ii) 1.1; Letterhead; 1.3 T3.2A (ii) 11.1.2

T1.1A (iii) 1.1 T3.2A (iii) 11.2.4.2

T1.2A (i) 5.1; 5.2 T3.2A (iv) 11.1.1.4; 11.1.4.1; 12.1.2

T1.2B (i) 12.1 T3.2A (v) 11.1.1.3.1; 12.1.2.1.1

T1.2B (ii) 11.1.1 T3.2A (vi) 11.1.4.1; 11.1.13

T1.3A (i) 3.2; 5.1; 5.2 T3.2B (i) 3.3.3; 3.3.4

T1.3A (ii) 3.2; 5.1 T3.3A (i) 11.1.8; 12.1.7; 12.1.9.1

T1.3B (i) 11.6.1; 12.6 T3.3A (ii) 11.1.8.1; 11.1.8.2; 12.1.1.1; 12.1.1.2

T1.3B (ii) 3.3.5.1; 3.3.5.2 T3.3A (iii) 11.1.12; 12.1.1.1; 12.1.1.2

T1.4A (i) Figure 13; Figure 81 T3.3A (iv) 11.1.8.2; 12.1.11

T1.4A (ii) Figure 13; Figure 81 T3.3A (v) NIL

T1.5A (i) Front page; 3.1.1; Figure 12 T3.4A (i) 11.1.8.2; 12.1.7; 12.1.9.1; 12.1.11

T1.5A (ii) Figure 19; Figure 53; Figure 102 T3.4A (ii) 11.1.8.2; 12.1.11

T1.6A (i) 2; T3.4A (iii) 11.1.7; 12.1.12

T1.6A (ii) Figure 12; T3.4A(iv) 12.1.11

T1.6B (i) Figure 12 T4.1A (i) 4.1

T1.7A (i) 6.4 T4.1A (ii) 11.1.14; 12.1.20

T1.7A (ii) 6.4 T4.1A (iii) 11.3.1; 12.3

T1.7A (iii) 6.1; 6.3 T4.1A (iv) 11.2.4.8; 12.2.4

T1.7A (iv) 6.3 T4.1B (i) 11.1.14.1; 11.1.14.3; 12.1.20.1; 12.1.20.2

T2.1A (i) 11.1, 11.1.2 T4.1B (ii) 11.1.14.3

T2.1B (i) 11.1.4; 11.2.5.1; 12.2.2.10 T4.1B (iv) 11.2.6; 12.2.3

T2.2A (i) 11.1.9; 12.1.3; 12.1.13; 12.1.15 T4.2B (i) 11.2; 12.2

T2.2A (ii) Figure 19; Figure 39; Figure 81 T4.2B (iii) 11.2.4.6; 12.2.2.10; 12.2.2.11

T2.3A (i) 5.1; 5.2 T4.2B (iv) 11.2.5.1; 12.2.2.10; 12.2.2.11; 12.7

T2.3A (ii) 5.1; 5.2 T4.2B (v) 11.6.2

T2.3A (iii) 11.2.4.2 T5.1A (i) 6.1

T2.3B (i) 11.1.7.1; 11.1.7.2; 12.1.17 T5.2A (i) 8

T2.3B (ii) 5.2; 12.1.10.1 T5.2B (i) 8; 9

T2.4A (ii) 11.1.11.1; 12.1.17 T5.2B (ii) 8;

T2.4B (i) 11.1.11.1; 12.1.17 T5.3C (i) 7

T2.5A (i) 11.1.1.2; 12.1.6; 12.1.12 T5.4A (i) 11.1.14.5; 12.1.20

T3.1A(i) 11.1.10.1; 11.1.12; 12.1.1; 12.1.18 T5.4B (i) 11.4.2; 12.4

T3.1A (ii) 12.1.1.2; 12.1.18 T5.4B (ii) 11.1.14.5; 12.4

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SAMREC CHECKLIST “T” NUMBER AND SECTION REFERENCE

“T” Number Section Reference “T” Number Section Reference

T5.5A (i) 3.3.5.1; 3.3.5.2 T8.A (ii) (b) 1.2

T5.5B (i) 3.3.5.1; 3.3.5.2 T8.B (ii) 11.4; 12.4

T5.5B (ii) 3.3.5.1; 3.3.5.2 T8.B (iii) 11.5; 12.2.3

T5.7B (i) 11.4.2; 12.4 T8.B (iv) 11.6; 12.6

T5.7B (ii) 11.4.2; 12.4 T9.A (i) 11.1.4.1 /Au NIL

T5.7B (iii) 11.4.2; 12.4 T9.A (ii) 11.1.4.1 /Au NIL

T5.7B (iv) N/A T9.B (i) 3.3.5.1; 11.1.4.1 /Au NIL

T5.7B (v) Appendix 4; Appendix 5 T10.A (i) 11.7.4; 12.8

T5.8A (i) 11.7; 12.8 T10.A (ii) 18

T6.B (i) 13 T10.B (i) 11.7.4; 12.8

T7.B (i) 11.2.7.2; 12.3 T11.A (i) 1.2

T7.B (ii) N/A T11.A (ii) 1.2

T7.B (iii) 11.3.1; 12.3.1 T11.A (iii) 1.3

T7.B (iv) 11.2.7.2; 12.3

SAMVAL CHECKLIST “T” NUMBER AND SECTION REFERENCE

“T” Number Section Reference “T” Number Section Reference

T2.1 Executive Summary 14 T2.10 Executive Summary – 1.3; Letter; 14.2.2

T2.2 1.3 T2.11 14.1.3.2; 14.1.4.2

T2.3 6.1 T2.13 1.2

T2.4 3.3.2; 5.1; 5.2 T2.14 Letter; 11.1.1.3; 12.1.2.1; 14.1, 14.3; Appendix 1

T2.5 4.1 T2.15 14.2.2

T2.6 11.5; 12.5 T2.17 14.1.3.2; 14.1.4.2

T2.7 Not applicable as there is Nil Reserves

T2.18 11.7.1; 12.8

T2.8 14.1

T2.9 Letterhead

CHECKLIST EXCLUSIONS

Reference Reasons Code

T2.4A (i) Nil target tonnages are reported. SAMREC

T2.4B (ii) There is no bulk material in the Mineral Resources. SAMREC

T2.4B (iii) There is no bulk material in the Mineral Resources. SAMREC

T3.3A (v) This has not been audited. SAMREC

T4.1B (iii) No alternative model is proposed, current model well understood. SAMREC

T4.2A (i) No exploration target or deposit is reported. SAMREC

T4.2B (ii) No assumptions regarding correlation of variables are made. SAMREC

T4.2B (vi) No assumptions regarding by-products or deleterious materials are made. SAMREC

T5.4B (iii) No definitive mining parameters have been assumed. SAMREC

T5.5B (iii) No metallurgical amenability predictions are made. SAMREC

T7.A (i) No exploration targets or deposits are reported. SAMREC

T8.A (i) The database of exploration data is huge. SAMREC

T8.A (ii) (a) This is not necessary; CP approves this report. SAMREC

T8.A (iii) Grades are for Mineral Resources – this is not required. SAMREC

T8.B (i) There are no Mineral Reserves stated. SAMREC

T2.12 No alternate valuation has been completed in last 2 years. SAMVAL

T2.16 No ICA has been employed in the valuation. SAMVAL

T2.19 No audits or reviews of this or other valuations have been completed. SAMVAL

12.9 (h) (vii) No modifying factors are employed – only Mineral Resources JSE

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2 LOCATION AND CLIMATE OF THE PROJECT

The Shiva Uranium Mine (“Shiva” or “the Project”) is located 20km to the west of the

town of Klerksdorp (Figure 1) in the North West Province of the Republic of South Africa.

It is located in the dry Highveld grassland region of South Africa. It is situated at an elevation of between 1 400 metres above mean sea level (mamsl) and 1 420mamsl and

has average day time temperatures between 18°C to 30˚C and night time temperatures between 0°C and 16˚C (www.saexplorer.co.za). Klerksdorp enjoys circa 480mm of

rainfall per year with virtually nil in the winter months of June and July and up to 95mm per month in the summer period of November and December.

Figure 1: Locality plan

3 HISTORICAL BACKGROUND TO THE PROJECT

3.1 The Discovery of Gold in the Witwatersrand Basin

Gold deposits are known to be preserved in nine different goldfields within the

Witwatersrand Basin, each with unique geological features. The goldfields are distinctly

separated from one another by either tectonic dislocations or zones of poorly preserved auriferous horizons (Figure 2).

Early explorers uncovered small and inconsistent occurrences of gold in the

Potchefstroom and Klerksdorp areas between 1834 and 1886. It was from the discovery site at Langlaagte to the south of Johannesburg that the gold rush strike extensions

rapidly spread to both the east and the west, defining the Central Rand and West Rand

Goldfields. Other conglomerate reefs were identified in the Heidelberg and Klerksdorp areas and, by the late 1880s, exploration had identified the resources of the East Rand

Goldfield.

From innovative geophysical applications and deep drilling, the Carletonville Goldfield

was discovered in the early 1930s. This was followed by the discovery of the Free State Goldfield in the late 1930s using similar techniques. In 1946, the Vaal Reef was located

in the Klerksdorp Goldfield and, finally, the Evander Goldfield was found in the early 1950s.

T1.6A (i)

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Figure 2: Geological map of the Witwatersrand Basin (McCarthy, 2006)

The extent of the Witwatersrand Basin (some 70 000km²) has been constrained by

almost 130 years of exploration, exploitation and research, principally through adopting geophysical methods (such as magnetic, gravity and reflection seismic surveys) and

drilling. Despite all this, it appears that the Basin is more extensive as several correlative outliers have been located although none of these has demonstrated any

significant economic potential.

3.1.1 The discovery of gold in the Project area

Shiva Uranium is located in the vicinity of the Klerksdorp Goldfield (Figure 2).

This area experienced two early waves of gold discovery, as described as follows:

(i) A local resident, Mr P. Roos, sampled a “banket” to the south of Klerksdorp in

August 1886 and sent it to the Landdrost in Potchefstroom for assay and, some three months later, Mr J. Moodey-Lane located gold on Rietkuil 626. This latter

area was opened for staking in July 1887 and the Rietkuil Gold Fields were established (Wanless, 2008). A small mining boom started.

The Rietkuil Mine (on which the current Rietkuil Section of Shiva Uranium Mine is located) and the adjacent Wolverand Mine started operations in 1888, followed by

operations belonging to African Lease Company in 1892. By 1895, four companies operated in the Rietkuil Gold Field – Rietkuil Gold Mining Company, Klerksdorp

Main Reef, Elandslaagte Gold Mine and Afrikander Gold Mining Company (Wanless, 2008). A stock exchange was established in Klerksdorp.

T1.5A (i)

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Mining reportedly ceased in about 1911 due to structural complexities associated with the so-called Rietkuil Syncline. However, small-scale operations survived until

all operations were consolidated into three operating companies – the Babrosco

Mines Limited (closed in 1960), The Afrikander Lease Limited and the PBC Syndicate. By 1957, all of these were consolidated into The Afrikander Lease

Limited, which continued with underground exploitation of the various West Rand Group lithologies until 1964 (Wilson et al., 1964; Wanless, 2008).

(ii) The early boom was short-lived and Klerksdorp did not prosper again until early in

1933 when Western Reefs Exploration and Mining Company Limited started a

drilling campaign, which identified the auriferous horizons of the Central Rand Group and opened up the entirety of the Klerksdorp Goldfield (Handley, 2004).

The gold (Au) and uranium (U3O8) mineralisation within the Shiva Uranium Mine

(and the subject of this report) is hosted in the lowermost portions of the

Dominion Group (the Dominion Reefs) and the upper portions of the West Rand Group (the Outer Basin Reefs).

3.2 The Background to the Shiva Uranium Mine

The Anglo American Corporation Limited (“AAC”) acquired a controlling interest in The Afrikander Lease Limited during the 1970s and initiated test mining for U3O8 to the north

of the Rietkuil Syncline. Tribute mining in agreement with other AAC operations in the

Klerksdorp region (namely Vaal Reefs Exploration and Mining Company Limited) started for gold between 1982 and 1999 but inefficiencies in the carbon-in-pulp (“CIP”)

processing facility encouraged AAC to divest itself of the property in favour of minority shareholders.

During the process of exploration and exploitation by AAC, the near-surface oxidised materials from the Inner Basin Reefs were found to be amenable to open pit mining

methods and heap leach extraction. In 1997, AAC sold its shareholding in The Afrikander Lease Limited and, during 1999, The Afrikander Lease Limited leadership changed when

Mr. Peter Skeat became the Chief Executive Officer (CEO). For a four year period from

January 2000, some 3 277kg of Au was recovered from 4.5Mt of ore placed on the heap leach pads for a recovered grade of 0.73g/t (Wanless, 2008). In 2003, Peter Skeat

stepped down as CEO and Executive Chairman of the company.

In April 2003, a new CEO was appointed and, by January 2005, the company changed its name to Aflease Gold and Uranium Resources (“Aflease”). In July 2005, Southern

Cross Resources Inc. and Aflease merged under the name of Uranium One Inc

(“Uranium One”). A feasibility study was undertaken on the uranium resources and targeted the start of production in 2006.

The Afrikander Lease Limited undertook exploration on the Bonanza Reefs in the early

2000s resulting in a short-lived exploitation over an 18 month period to December 2006.

In June 2009, the Russian uranium mining company, ARMZ Uranium Holdings Co

(“ARMZ”), acquired 16.6% of the shares in Uranium One. Further exchanges and mergers occurred until ARMZ had increased its stake in Uranium One to 51%. Due to

anti-trust and other conditions, these transactions were finalised by the end of 2010 (Wikipedia, 2014).

In May 2010, Uranium One sold its Uranium One Africa Limited subsidiary to Oakbay Resources and Energy Limited (“Oakbay”) and this resulted in the formation of Shiva

Uranium Limited (“Shiva”). Oakbay is 85% owned by Oakbay Investments and is based in India. Discussions between Uranium One and Oakbay began in December 2008 and

were concluded in May 2010. Part of the funding for the transaction was provided by the

T1.3A (i)

T1.3A (ii)

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Industrial Development Corporation of South Africa and the balance by the Oakbay shareholders. Approvals required under Section 11 of the Minerals and Petroleum

Resources Development Act (Act 28 of 2002) (MPRDA) were granted by the Department

of Mineral Resources (DMR) in February 2011. By August 2010, it is understood that Shiva had produced its first gold and, by February 2011, 1.6t of U3O8 had been

produced.

3.3 Previous Production

3.3.1 Production from the Witwatersrand Basin

The mining operations from the Witwatersrand Basin have yielded some 50 000t (1 600Moz) of gold since 1886. Eight of the ten deepest mining operations in the world

are located in the Witwatersrand Basin, with exploitation taking place in excess of 3 900mbs and exploration core-drilling probing to depths greater than 5 000mbs.

Annual production in the Witwatersrand Basin peaked in 1970 when 1 000t was mined. By 2009, this had declined to 205t, representing 7.97% of global production for that

period. In 2011, it was reported that South Africa remained the world’s fifth largest gold producer with an output of 191t and representing 6.8% of global supply. The average

recovered Au grade has declined from 13.28g/t in 1970 to 3.29g/t in 2009 and 2.8g/t in 2011 (Chamber of Mines, 2012).

Besides gold, significant quantities of by-product uranium have been recovered from the Witwatersrand reefs. The U3O8 mineralisation occurs as detrital gains of uraninite as well

as secondary uranium-titanium silicates. U3O8 production started in 1952 and, for the next 50 years, some 175kt of U3O8 was produced at an average grade of 0.216kg/t. In

addition, pyrite (FeS2) recovered from the reefs has been used for the production of

sulphuric acid and the waste materials from the mining operations have been used for industrial and construction purposes.

3.3.2 History of gold production from the Shiva Uranium Mine

Within the Shiva Uranium lease area, the four separate mining operations (Buffelsdoorn,

Afrikander, Babrosco and Elandslaagte) have a combined total production amounting to about 2.3Moz of Au, which equates to approximately 1.4% of the entire Klerksdorp

Goldfield.

3.3.3 History of uranium production from the Shiva Uranium Mine

Historical production of Au and U3O8 for the Shiva Uranium Mine has been summarised

by Wanless (2008), and this information is presented below. Insignificant Au and U3O8

production came from the Dominion Reefs during the period 1888 to 1936 but it increased during the period 1936 to 1961. The mining operations were from four main

shafts before closure in 1961. Mining for U3O8 occurred mostly from the Upper Reef horizon, while the Lower Reef was usually targeted for Au. Historical mining records

indicate that, during the six year period when U3O8 was mined at the Dominion Reef

Mine and Rietkuil Mine, approximately 1 900t of U3O8 concentrate was produced by AAC. In association, gold grades ranging from 0.77g/t (1960) to 1.17g/t (1956) were

recovered.

A metallurgical plant was constructed at the Dominion Reef Mine to extract both U3O8 and Au, with the processed slimes from this plant being deposited in a nearby area.

Portions of these slime dams have been reprocessed over recent years, but little

information is available on this production or of any historic Mineral Resource estimation. Uranium One explored the dumps in 2006.

T2.4

T3.2B (i)

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3.3.4 History of gold mining (after Harley, 2006a)

Gold was discovered on the farm Rietkuil in 1886 and the farm was proclaimed a public

digging in 1887. Various small mines operated on the Bonanza, Inner and Outer Basin

Reefs from 1888, including, Rietkuil Kopje Mine, Wolverand Gold Mining Company, Worcester Hope Block, East Anglian Block, Scott’s Block, Huguenot Syndicate, Van Der

Stel Mining Company, Ball Buoy Syndicate and the Afrikander Syndicate. The Bonanza West mine operated between 1893 and 1911, when the Bonanza Lower Reef was mined

within the synclinal closure of the Rietkuil Syncline structure. Records suggest that a total production of 83 000t with an average stope width of 0.6m, and an average

recovered grade of 12g/t were achieved during the 1893-1911 period. Mining was

reportedly stopped because of complex structure within the fold axis.

Small-scale operations continued with sporadic mining within the area that is currently defined as the Project until the 1930s when mining was consolidated into only three

operating companies, Babrosco Mines Limited, The Afrikander Lease Limited (which held

the northeast and southwest portion of the Rietkuil Gold Fields) and the PBC Syndicate which operated on a small property between the two larger mines. By 1957, the three

properties had been consolidated into The Afrikander Lease Limited, which continued underground mining operations within the West Rand Group lithologies immediately

west of the Project area until 1964.

During the 1970s, AAC acquired a controlling interest in The Afrikander Lease Limited

and began test mining for U3O8 on the Dominion Reefs to the north of the Rietkuil Syncline. In 1982, Vaal Reefs Exploration and Mining Company Limited (a subsidiary of

AAC) commenced tribute mining for gold at The Afrikander Lease Limited using a conventional narrow underground mining technique with a conventional CIP gold plant

to recover gold. A feasibility study completed in 1998 examined the mining of near-

surface gold resources from an open pit situated within the Inner Basin for processing at the existing CIP mill. However, the near-surface gold mineralisation was found to be

oxidised and amenable to comparatively inexpensive heap leach extraction. The CIP plant was decommissioned in 1999 and replaced by heap leaching for gold.

Table 1 provides a summary of Au production from the Rietkuil syncline since 1889 (O’Brien, 2001) and Shiva (2011).

Table 1: Historical production of Au from the Rietkuil Syncline

Mine From To Metric tonne milled Au recovered

(oz)

Afrikander 1889 1898 41 680 544

1903 1921 3 613 37

1922 1932 528 987 3 966

1933 1964 3 164 446 15 077

1982 1997 7 086 000 8 711

Babrosco 1922 1930 84 000 662

1934 1960 3 212 316 16 193

Elandslaagte 1894 1896 49 648 504

1903 1930 39 665 257

1936 1941 35 035 138

Total 1889 1997 14 245 390 46 089

1998 2010 unknown unknown

Shiva Uranium 2010 2014 3 129 710 61 761

Between January 2000 and December 2004, 3 277kg of gold was recovered from

approximately 4.5Mt of ore placed on the heap leach pads, for a recovered grade of 0.73g/t of gold.

The Mineral Corporation could not locate production information for the gold project

between the 1998 to 2010 period. According to data provided by Shiva, approximately

3.13Mt of ore have been milled from July 2010 to August 2014 at an average recovered

T3.2B (i)

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grade of 0.61g/t resulting in the production of 62koz of Au. However, it should be noted that this production includes a significant portion (circa 42%) of third party ore toll

treated by Shiva.

3.3.5 Previous successes and failures

3.3.5.1 Uranium section

Uranium One, which maintains listings on the Toronto Stock Exchange (TSX) and the JSE Limited, commenced development of the underground mine in January 2006 and

started U3O8 and Au recovery in January 2007 but ceased operations in July 2008. The

short lived U3O8 processing data from underground sources is contained in Figure 3. However, it is not known what metal accounting protocols were in place at the time.

Figure 3: Uranium One U3O8 production data (January 2007 to June 2008)

From Figure 3, it can be noted that, after a development period of 1 year, Uranium One

had a ramp-up to circa 30 000t per month of tonne milled with a U3O8 head grade peaking at circa 450g/t. Over this period, 365 000t were milled at a head grade of

292g/t of U3O8 at a recovery of 57%. The Au processing data is contained in Figure 4.

From Figure 4, it can be noted that the high grade Au material initially processed was short-lived and subsequent production peaked at circa 0.7g/t at the time production

stopped. Overall, the Au head grade was 0.58g/t with a recovery of 55%.

0

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T5.5A (i)

T5.5B (i)

T5.5B (ii)

T9.B (i)

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Figure 4: Uranium One Au production data (January 2007 to June 2008)

A reconciliation provided by Shiva of by Uranium One estimates indicates that the U3O8 content mined was 72% of what was planned and the Au contents 80% of the plan.

Comparing the Young (2014) mineral inventory model with the Deiss (2009) mineral

inventory model (using the same data and concepts as Wanless (2008) employed) as depicted in Table 30, it can be seen that Young’s model has a U3O8 grade that is 89%

and a Au grade of 51% of that presented by Deiss.

Uranium One placed its uranium mining operation, Dominion, under care and maintenance in 2008 due to the following factors as noted in the press release dated

22 October 2008:

“Unfavourable market conditions including the collapse of uranium prices and inflationary pressures leading to rising operating costs and poor ROI; Low production performance due to inappropriate mining design leading to slow ramp-up in development and production; Low plant performance due to the incorrect feed that was wrong for the design as material from tailings storage facilities was fed into the plant to meet capacity; Inappropriate plant design specifications on the pressure leach recovery plant leading to low plant efficiencies; Resource definition due to over-estimated gold grade; and Illegal strike action leading to suspension of production in October 2008, 12 days before decision to place the mine under care and maintenance.”

Despite the previous failure, the following factors afford the Project certain attractions:

The re-estimated Mineral Resources have reduced U3O8 and Au contents

compared to those of the Wanless (2008) Mineral Resources in line with the

metal accounting completed by Uranium One;

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T1.3B (ii)

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T4.1A (i)

T2.5

The expectation is that the use of uranium for power generation is likely to

increase over the mid to long term and thus support metal prices; Although only the Mineral Assets are considered and valued in this report, Shiva

can be considered as a brown-fields project as it has significant processing plant

and mining infrastructure; and A new mining and processing plan based on the current infrastructure is

required that is likely to have a shorter execution time frame.

3.3.5.2 Gold section

According to data provided by Shiva, from October 2010 to March 2014, approximately

2.2Mt of ore has been mined from the open pit at an average belt grade of 1.02g/t (72koz) and processed with other third party ore of a similar grade. The plant over this

period milled 2.6Mt of Shiva and third party ore with a reported recovery of 65%. However, the nature of the metal accounting protocols is unknown and the precision of

this data is uncertain.

Shiva now has the benefit of improving mine planning by employing the Young (2014)

block model that contains not only the conglomerate material but also the quartzite interburden material.

4 GEOLOGY OF THE DOMINION GROUP AND WITWATERSRAND BASIN

4.1 The Regional Geology of the Witwatersrand Triad

4.1.1 Introduction

4.1.1.1 The major components

Three ancient groups of volcano-sedimentary rocks, namely the Dominion Group, the

Witwatersrand Supergroup and the Ventersdorp Supergroup, are the earliest supracrustal sequences of the Kaapvaal Craton. Hamilton and Cooke (1960) informally

coined the term “Witwatersrand Triad” for these volcano-sedimentary sequences.

However, it is the rocks of the Witwatersrand Supergroup that are best known for hosting the greatest concentrations of gold. The Dominion Group has been a much

smaller source for Au (and U3O8), while the base of the Ventersdorp Supergroup has

seen the exploitation of the Ventersdorp Contact Reef (VCR) over a broad geography.

Figure 5 shows the principal distribution of the Dominion Group, the Witwatersrand Supergroup (the Central Rand and West Rand Groups) and the overlying Ventersdorp

Supergroup. Both the Dominion and the Witwatersrand rocks only outcrop on surface over a limited extent, with the balance being buried by younger volcanic and

sedimentary sequences.

4.1.1.2 The discovery

The discovery of gold in outcropping quartz pebble conglomerates (referred to as ‘reefs’) on the Witwatersrand in 1886 was not a one-off event but was preceded by a long

history of local and global events, most of which are poorly recorded but all of which helped to build the scene for one of the greatest economic developments of all time. On

a continent that had attracted world attention and in an era of industrial expansion and

invention, the post discovery developments were rapid, both economically and politically, with many stakeholders jockeying to gain maximum advantage (Handley, 2004).

4.1.1.3 The impact

The Witwatersrand deposits comprise one of the world’s great metallogenic provinces. Not only was the foundation of the vibrant city of Johannesburg established on the

discovery of these metals but the sustainable economic development of the South

African nation over the past 130 years is largely indebted to the industry that arose from

T5.5A (i)

T5.5B (i)

T5.5B (ii)

T1.3B (ii)

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the exploitation of the gold. The entire subcontinent has been influenced by this industry.

4.1.1.4 The depository

The Witwatersrand Basin is elongated in a northeast to southwest orientation and is

approximately 350km long and 200km wide. While more than 70 mineral species have been identified from the Witwatersrand sediments, it is the gold and, to a lesser extent,

its by-products uranium and pyrite that carry the overwhelming economic interest.

Figure 5: Geological map of Witwatersrand Basin showing outcrops of the Dominion,

Witwatersrand and Ventersdorp Supergroups, as well as other cover sequences (McCarthy, 2006)

4.2 Regional Geology of the Dominion Group and the West Rand Group Shiva anticipates exploiting Au and U3O8 from the Dominion Group and the West Rand

Group. As a result, the descriptions in this report will focus only on the lithologies that are hosted within these two Groups although reference will be made to the Central Rand

Group.

4.2.1 Stratigraphy

4.2.1.1 Overview The Witwatersrand Basin is underlain by Archaean (>3.1Ga) granite-greenstone Basement and the Dominion Group sediments and volcanics (3.07Ga). It is overlain by

the rocks of the Ventersdorp Supergroup (2.7Ga), Transvaal Supergroup (2.6Ga) and

Karoo Supergroup (280Ma).

The Witwatersrand stratigraphy was originally classified in the Central Rand area from mapping by Mellor in 1917. At that time, his groupings were generally applicable on a

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basin-wide scale but more recent work has demonstrated that there are significant variations in the nature and thicknesses of the sequences from one part of the basin to

another. There is considerable stratigraphic variation both between and within each

goldfield and this resulted in the establishment of local nomenclatures. Most of the economic placers are found in the Central Rand Group but the principal placers of the

various goldfields do not necessarily occur at the same stratigraphic level.

The South African Code of Stratigraphic Terminology and Nomenclature (SACS) was established to consolidate a universally acceptable stratigraphy for the country and,

through the collaborative effort of all the mining companies, the Geological Survey of South Africa (now the Council for Geoscience) and academia, the revised SACS

lithostratigraphic framework for the Witwatersrand Basin was adopted in 2006. Under

this framework, regional disconformities, which formed the basis for stratigraphic correlation between the various goldfields, were adopted.

SACS adopted the terms of Dominion Group, and Central Rand and West Rand Groups

(for the two major groups of the Witwatersrand Supergroup). Each group is further divided into principal subgroups and formations. These are listed in Table 2. Table 2: Major groupings of the Dominion Group and Witwatersrand Supergroup

Group Subgroup Formation

Central Rand

Turffontein Mondeor Elsburg Kimberley

Johannesburg

Booysens Krugersdorp

Luipaardsvlei Randfontein Main

Blyvooruitzicht

West Rand

Jeppestown

Maraisburg Roodepoort

Crown Babrosco Rietkuil

Koedoeslaagte

Government

Afrikaner Elandslaagte

Palmietfontein Tusschenin Coronation

Promise

Hospital Hill

Bonanza Brixton Parktown

Orange Grove

Dominion

Syferfontein

Rhenosterhoek

Rhenosterspruit

4.2.1.2 Dominion Group The Dominion Group is considered to represent the protobasinal phase of the Witwatersrand Basin and is preserved over an area of some 15 000km2 (Tankard et al., 1982). The sediments and lavas of this group rest unconformably on Archaean Basement granites which, through erosion, are considered to provide the source of the

uranium mineralisation.

The most extensive exposures of Dominion Group rocks occur in the area to the west of

Klerksdorp and in the area surrounding Ottosdal (Figure 6) where they reach thicknesses of 2 710m. The name Dominion derives from the Dominion Mine located on

Rhenosterspruit 326 IP (Figure 12), where conglomerates have been exploited for gold since 1888 (Marsh, 2006).

The Dominion Group has been subdivided into three lithostratigraphic units (Tankard et al., 1982; SACS, 1980 and 2006; Marsh, 2006). In the type area near the Dominion

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Mine, the succession is 2 025m thick and comprises the following from the top downwards:

(i) The Syferfontein Formation is dominated by quartz-feldspar porphyries

intercalated with mafic and intermediate lavas and volcaniclastic beds. The formation is zoned: the lower 750m is a medium-grained porphyry; the middle

500m is a silicified porphyry; and the upper 300m is a medium-grained porphyry.

(ii) The Rhenostershoek Formation consists of a succession of mafic to intermediate

lavas, amygdaloidal in the upper parts, intercalated with porphyritic felsic rocks and tuffs. The thickness is variable, ranging from 200m to >1 500m. In the

Ottosdal area, the lower lava contains intercalated bands of sediments up to 40m thick.

(iii) The Rhenosterspruit Formation hosts the Dominion Reefs. It comprises coarse arkosic quartzites, some grits, conglomerates (with sericitic matrices) and sericitic

schists. The conglomerates host the mineralisation in the Upper Dominion Reef (“UDOM”) and the Lower Dominion Reef (“LDOM”). Both have been exploited for

Au and U3O8. The depositional floor is uneven and the contact is strongly altered and weathered as evidenced by palaeosols. The Lower Reef (and, in places, the

Upper Reef as well) rests on this erosional unconformity.

The Formation ranges in thickness from 60 to 120m and hosts a narrow volcanic

unit. The nature of the sediments suggests a proximal granitic source and limited sedimentological studies suggest a braided fluvial environment of deposition with

source areas lying to the west. The LDOM is up to 3m thick in the floor valleys

and thins (or is absent) over the Basement highs. The LDOM is the dominant source of gold while the UDOM has economic uraninite concentrations with by-

product gold. At the Shiva operations, the two reefs are separated by a persistent 10m pebbly to gritty quartzite.

Deposition of the coarse, immature sediment derived from the granitic palaeosols took place dominantly in shallow braided streams that followed dendritic drainage

systems and by ephemeral sheet wash. The drainage does not appear to have been influenced by local structural features or greenstone remnants but rather by

a gentle southwest-ward palaeo-slope.

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Figure 6: Map showing location of known surface and sub-surface extent of the Dominion Group

(McCarthy, 2006)

The variability of the lithology and stratigraphy within the Dominion Group is illustrated in Figure 7, which presents borehole columns for seven closely grouped cores

(Marsh, 2006).

4.2.1.3 West Rand Group

The distribution of the West Rand Group demarcates the currently preserved extent of the Witwatersrand Basin (Figure 2). It attains a maximum thickness of 5 150m in the

Klerksdorp area and thins to 830m in the Evander Goldfield.

The dominant rock types are quartzite and shale, which occur in approximately equal

proportions. Each of the three subgroups is differentiated on the basis of varying ratios of sandstone to shale and they are separated by basin-wide unconformities. Diamictites

and poorly developed conglomerates are locally preserved along the unconformities.

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Lithologically, the sandstones are quartz arenites, sub-feldspathic arenites and quartz-feldspar wackes. Laterally persistent quartz arenite is typical of the Hospital Hill

Subgroup whereas feldspathic arenites are more prevalent in the Government and

Jeppestown Subgroups. Shales in the West Rand Group are dark green to grey in colour and weather red in outcrop. They typically comprise quartz, chlorite and white mica and

are chemically distinct from the shales in the Central Rand Group, being enriched in iron, magnesium and manganese (Robb & Robb, 1998).

Of significance are the eight laterally persistent magnetic shales and banded

iron-formation units, which are interbedded with the shales. Two of these magnetic

beds are significant stratigraphic marker horizons.

4.2.2 Depositional environments It is widely agreed that sediment deposition took place along the interface between a

large fluvial systems and a major body of still water or an inland sea. Most workers

accept a foreland model for the development of the basin. The basin was filled with sedimentary and subordinate volcanic rocks, which have been folded along a northeast

to southwest axis into an asymmetrical synclinorium.

A simplified illustration of the depositional setting is presented in Figure 8 (after Robb & Robb, 1998). Sedimentation of the West Rand Group was initiated by the development

of a shoreline, which resulted in the deposition of the clean orthoquartzites at the base

of the Hospital Hill Subgroup. Subsequent deposition of mud (shale) arose from increases in the sea level and the flooding of the shoreline to form deeper water

conditions, resulting in sedimentation along a tide dominated shelf. Successive fluctuations in sea level and the progradation of fluvial or braided stream environments

caused the deposition of higher energy, wave dominated sands. The interaction of fluvial

and shelf-marine environments typifies the environment of deposition of the West Rand Group and explains the widespread and persistent nature of these units across the

basin.

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Figure 7: Generalised stratigraphy of the Dominion Group and the West Rand Group with detail of the Dominion Reef and the Outer Basin Reefs

(modified after McCarthy, 2006; Marsh, 2006; SRK Consulting, 2008)

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4.2.3 Origin of mineralisation The genesis of gold mineralisation in the Witwatersrand Basin has been a controversial subject. Historically, models ranged from exclusively placer to hydrothermal origins. The

“modified placer” origin has gained general acceptance since the mid-1990s.

Mineralisation in the Dominion Group and Witwatersrand Supergroup is invariably

associated with erosional disconformities within the sequences and is generally most distinct along the margins of the basin where bedrock controls are more pronounced.

McCarthy (2006) notes that the host lithologies vary widely from bitumen seams with scattered pebbles to laterally uniform, mature conglomerates to massive, thick, coarse

conglomerates which may contain internal argillite partings.

Invariably, the mineralisation consists of gold, uraninite and pyrite but over 70 ore

minerals have been identified within the Witwatersrand conglomerates and they show a complex paragenetic history. The basin has been subjected to metamorphism and

massive fluid flow within the sedimentary pile and some post-depositional redistribution of gold has occurred during three events over a period of approximately 700 million

years (Robb and Robb, 1998).

Figure 8: Schematic illustration of the environment of deposition for the three main types of

conglomerate (after Robb & Robb, 1998)

4.2.4 Structural setting

4.2.4.1 Dominion Group, Pre-Witwatersrand deposition Volcanic rocks preserved in the Dominion Group have yielded important clues to the initial palaeotectonic setting and protobasinal phase of the greater Witwatersrand Basin.

Based on the geochemistry of the volcanic rocks, various workers have proposed a continental margin volcanic arc model (Andean-type margin) or an incipient foreland

basin model adjacent to a continental margin arc system. However, other researchers have argued that the bimodal nature of the volcanic suite and its tholeiitic affinities are

more consistent with deposition in a basin developed in response to lithospheric

thinning, and possibly even continental rift development. A summary of views is presented in Marsh (2006).

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4.2.4.2 Structural evolution of the Witwatersrand Basin McCarthy (2006) provides a synopsis of the long and complex structural history of the Witwatersrand Basin thereafter. Remnants of the West Rand Group are widespread on

the Kaapvaal Craton but the Central Rand Group has a more limited extent, confined to the main basin and the Evander Goldfield (Figure 2). McCarthy reports on the work by

several authors and characterises three main deformational episodes:

(i) Syn-Witwatersrand deformation: Commencing in early Central Rand Group times

and under regional compression, the basin became fragmented into a number of domains, bounded by major discontinuities. There is stratigraphic uniformity within

the domains while the bounding discontinuities are associated with rapid changes in sedimentary thickness. Synsedimentary deformation was in the form of gentle

warping or tilting (as in the Free State Goldfield) with the outer edges characterised

by thrusting directed towards the basin. The uplift along marginal thrusts resulted in the upward coarsening of the basin fill, culminating in the largely conglomeratic

Mondeor Formation. Sedimentation was interrupted by the eruption of volcanic rocks of the Ventersdorp Supergroup.

(ii) Middle Ventersdorp deformation: The compressive stress field of the Central Rand Group relaxed and earlier thrust faults were reactivated as normal faults. The

extension eventually progressed to the creation of new major normal faults. This resulted in small, localised depositional basins within and around the basin in which

a variety of sedimentary and igneous lithofacies were deposited. This was particularly prevalent in the Welkom, Klerksdorp and Evander Basins and large

displacement normal faults were generated. In the Free State Goldfield, these faults

show dextral displacement.

(iii) Post-Transvaal deformation: The development of the Vredefort Dome, widely believed to be a result of meteoritic impact, resulted in a large synclinorium and

concentrically disposed folds of rapidly decreasing amplitude extending from the

uplifted area. A number of low-angle thrust and normal faults developed tangential to the structure. As a consequence of the deeply depressed Witwatersrand strata,

the basin has been largely preserved from significant erosion.

Other phases of deformation have been identified: emplacement of the Bushveld

Complex caused thrusting from the north while east to west, right lateral strike slip faulting and north-westerly directed thrusting are thought to be related to the Namaqua-

Natal Mobile Belt.

This report does not deal with the tectonic setting of the Witwatersrand Basin in any detail as this has been prolifically commented on by many authors.

4.2.4.3 Structure of the Klerksdorp Goldfield The structure of the Klerksdorp Goldfield is probably the most complex of all the

goldfields in the Witwatersrand Basin (McCarthy, 2006). The structural evolution of the Klerksdorp Goldfield is an analogue of the general structural evolution outlined above

and is schematically represented in Figure 9 (Deiss, 2009):

(i) Compressional event with thrusting: Thrusting from the northwest occurred during

concurrent sedimentation of the Central Rand Group. This resulted in periodic uplift, basin-ward tilting of the strata (generally towards the east) and erosion of

the lower units. Erosion surfaces were buried by prograding braid-plains and have given rise to complex stratigraphic relationships (Figure 10) (McCarthy, 2006). The

resulting major, crustal-scale thrust faults strike northeast-wards and generally dip

towards the west. During this thrusting event, the Dominion and Hospital Hill Formations in the west were uplifted by nearly 3 000m relative to the Government

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stratigraphy in the Rietkuil syncline on the eastern side of the Dominion-Rietkuil

area. It is likely that the syncline is bound to the west by a westerly-dipping thrust fault. This period of compression continued into early Ventersdorp times (McCarthy,

2006).

(ii) Extensional event with listric normal faulting: During mid-Ventersdorp times,

northwest to southeast extension occurred and Platberg-age, listric faults with southeasterly dips developed (e.g. Buffelsdoorn and Eastern Shaft Faults). This was

associated with the formation of northwesterly dipping antithetic normal faults (e.g. Kromdraai Fault) (McCarthy, 2006). This extensional faulting resulted in half-graben

structural basins in which Ventersdorp rift sedimentary and volcanic sequences were deposited. Rocks of the Witwatersrand Basin were displaced and this has

contributed to additional geometrical complexity in the Klerksdorp Goldfield.

(iii) Strike-slip event: The youngest tectonic event is related to strike-slip movements

associated with the late-stage lateral accommodation slip during Platberg extension, or possibly to post-Platberg and Black Reef contraction.

Post-Transvaal faulting included the southeasterly dipping Fakawi Fault as well as bedding-parallel thrusting (McCarthy, 2006).

Figure 9: Schematic W-E structural section from Rietkuil to Klerksdorp (Deiss, 2009)

Figure 10: Schematic cross section illustrating progressive erosional truncation of lower

stratigraphic units of the Central Rand Group towards the northwest margin of the Klerksdorp Goldfield (McCarthy, 2006)

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4.3 Local Geology of the Gold and Uranium-bearing Reefs of the Shiva Uranium

Mine The gold and uranium mineralisation present on the Shiva Mine are typical of other

deposits located within the Witwatersrand Basin as they occur in stratabound conglomeratic units, which formed in channelised thin reefs ranging in thickness. The

concentration of gold, uranium and other minerals in these deposits is generally agreed

to be of sedimentary origin although it is also commonly accepted that hydrothermal modifications have overprinted the palaeoplacer deposits.

The four prominent modified palaeoplacer units that have shown concentrations of gold

and uranium on the Shiva mine are the following:

The Inner Basin Reefs;

The Outer Basin Reefs;

The Bonanza Reefs; and

The Dominion Reefs.

This report is specifically focussed on the Outer Basin Reefs and the Dominion Reefs.

No commentary will be offered on either the Inner Basin Reefs or the Bonanza Reef assemblages. The Inner Basin Reefs have been extensively mined out and the Bonanza

Reefs are too deep for economic consideration. The abbreviated drilling programmes

that intersected the Bonanza Reef indicated poor mineralisation.

4.3.1 The Dominion Reefs

4.3.1.1 Stratigraphy and economic horizons

The Rhenosterspruit Formation (Figure 7) hosts the Dominion Reefs, which contain Au

and uranium mineralisation at the Shiva mine. The mineralisation is largely confined to two conglomerate horizons – a lower reef (predominantly gold bearing and up to 3m

thick in the valleys of the weathered and undulating contact with the granitic basement)

and an upper reef (which is host to the main uranium mineralisation). A third middle reef occurs but has not been evaluated due to its poor lateral continuity and erratic

grade profiles.

At the base of the formation, medium to large pebbles of vein quartz accumulated in channels as single-pebble layers and multiple, thin sheet-like gravel bars. The gravels

are associated with trough cross-bedded quartz arenite and placer mineral

concentrations. Above the basal placer is a coarse-grained quartz matrix arenite with a yellow, slightly sericitic matrix. The basal placer (LDOM) is relatively enriched with gold

mineralisation and was first exploited in 1888 (Tankard et al., 1982).

Pebbly sandstones were also deposited 18m higher in the valley fill sequence. Small-pebble conglomerates in a zone up to 4m thick mark a widespread disconformity.

Densely packed pebble beds as thin as 30cm are particularly enriched in uraninite

towards the top of the zone. The gold content is low but an appreciable amount of detrital pyrite and monazite is associated with the uraninite. The sandstones overlying

the upper placer are darker and more argillaceous than in the lower member. Argillaceous units with thin mud drapes are arranged in crude upward-fining sequences

which may represent abandoned channel fill. The upper placer (UDOM) was first mined

for its uranium onwards from 1953 (Tankard et al., 1982). These placers were confined by the palaeo-relief to areas between Basement palaeohighs.

The upper part of the formation has been intruded by diabase and acid porphyry sills,

which show a preference for intruding into the argillaceous horizons. The sediments are interbedded with tuffs and basic lava flows that grade into the overlying lavas of the

Rhenosterhoek Formation.

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4.3.1.2 Mineralisation

The uranium bearing minerals are listed in Table 2. Table 3: List of the more common uranium bearing minerals found within the Dominion Group

Mineral Chemical Formula

Uraninite (U, Th)O2

Brannerite (U, Ca,Ce)(Ti, Fe)2O6

Uraniniferous leucoxene Alternation of ilmenite

Coffinite (U(SiO4)1-X(OH)4X

Monazite (Ce,La,Nd,Th)(PO4,SiO4)

Zircon ZrSiO4

Columbite (Fe,Mn)(Nb,Ta)2O6

(Source: Deiss et al, 2009)

A variety of accessory minerals have been identified within the Dominion Group

conglomerates including garnet, monazite, cassiterite, thorogummite and tantalite/columbite. Monazite is present in “significant” amounts in the Upper Reef and

quantitative analyses of spectrographic analysis indicated that rare earth elements

represent up to 1% of the ore. Monazite grades averaging 2.5kg/t were reported from exploration results in the post-2004 campaigns.

Sulphur varies from 0% to 0.99% and is confined to pyrite, pyrrhotite, arsenopyrite,

galena, sphalerite, chalcopyrite and molybdenite.

Relatively high values of silver were confined to the “Pay Band” above the Upper Reef.

On the underground visit to the Shiva Mine by the Competent Person (CP), Mr. D.R.

Young (Section 11.1.1.3), it was apparent that the ingress of water into the underground workings had mobilised the uranium mineralisation to form bright yellow

secondary uranium mineralisation. Even in the fresh looking reef development, yellow

uranium mineralisation was observed, which indicates that the depth of weathering is significant and has caused the uranium to mobilise.

4.3.2 The Outer Basin Reefs

4.3.2.1 Stratigraphy and economic horizons

The Outer Basin Reefs are found within a 5m to 50m thick metasedimentary rock

sequence at the base of the Jeppestown Subgroup (McCarthy, 2006; Shiva Uranium Mine, 2012). The Jeppestown Subgroup includes a variety of rock types, ranging from

conglomerate to iron formation, and is the result of predominantly shallow marine sedimentation. These rocks record a period of markedly more stable conditions than the

underlying Government Subgroup, where rapid cycles from transgression to regression

are noted in the stratigraphy (McCarthy, 2006).

The base of the Koedoeslaagte Formation, lowermost in the Jeppestown Subgroup (Figure 7), is defined by a pronounced disconformity on which the Bufflesdoorn Reef is

located (McCarthy, 2006). Below the disconformity are the prominent “Dull Grey”

argillaceous quartzites of the Elandslaagte Formation (Shiva Uranium Mine, 2012). The Buffelsdoorn Reef is overlain by the super mature orthoquartzites of the White Bar, also

commonly referred to as the “Marble Quartzite” (McCarthy, 2006; Shiva Uranium Mine, 2012). The base of the White Bar marks the upper limit of the Outer Basin Reefs and

the start of a transgressive sequence, characterised by upward-fining quartzites, culminating in shales and an iron formation, making up the Rietkuil Formation

(McCarthy, 2006).

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In the Rietkuil Syncline to the west of Klerksdorp, reworking associated with this

transgression has led to economic concentrations of gold and uranium in the Bufflesdoorn Reef (McCarthy, 2006).

The lowermost reef in the Outer Basin sequence is the Magazine Reef, sometimes

referred to as the Bastard Reef. This is generally a robust, continuous reef that can

range from 1.85m thick to nearly 8m thick. The upper parts are normally composed of poorly sorted, polymictic and oligomictic pebbles intercalated with a brown-grey,

medium grained to coarse sandy matrix. The lower portion of the conglomerate reef can be well developed and mineralised with gold (Figure 7).

The main auriferous conglomerates of the Bufflesdoorn Reef have been sub-divided into

three main ‘reefs’: the Lower, Middle and Upper Reefs. In each of these reefs, there may

be one or more discontinuous lenses of conglomerate that occur within a broadly similar stratigraphic position (Shiva Uranium Mine, 2012).

The Lower Reef is composed of thin inter-fingered ‘washes’ of pebbles and coarse, often

gritty, quartzites. The conglomerates are generally poorly packed and contain small

pebbles, although individual clasts up to 12cm in length are common. Locally, the Lower Reef can attain thicknesses of over 120cm (Shiva Uranium Mine, 2012).

The Middle Reef is about 60cm thick at the Rietkuil Mine, but was not exploited due to

low grades. A characteristic of this reef, where it has been mined, is that it does not appear to have very well-defined hangingwall or footwall partings (Shiva Uranium Mine,

2012).

The Upper Reef has an average thickness of 60cm and, like the Middle Reef, does not

exhibit well-defined hangingwall or footwall partings and has a carbon-rich footwall contact (Shiva Uranium Mine, 2012).

Definitive correlation of the various reefs between the Afrikander and Rietkuil Mines is difficult because of their generally discontinuous, lenticular nature. Based on the

presence of the upper White Bar marker, some researchers have postulated that the Upper Reef at the Rietkuil Mine correlates with the 5 Reef on the Afrikander Mine (Shiva

Uranium Mine, 2012). However, at the Shiva Mine, both reefs are present (the No 5 Reef

is uppermost directly below the White Bar) and are separated by approximately 4m of argillaceous to siliceous quartzite (Figure 7).

4.3.2.2 Sedimentation

The Outer Basin Reefs were deposited on a palaeotopography that was defined by a broad, gentle gradient valley with deeply incised channels. The main channels may have

been 800m wide by 50m deep, and diverging secondary order channels 200m wide and

of similar depth. Mature sandstones and associated gravels were deposited on this surface by perennial braided stream systems near the head of a fluvial fan system.

There was considerable variation in sediment transport direction during the deposition of the Outer Basin Reefs. Of key importance was that the gravels were periodically

reworked to form semi-tabular bodies within which heavy mineral concentrations

accumulated (Shiva Uranium Mine, 2012).

The palaeotopography restricted Lower Reef deposition to only the deepest parts of the main channels. The Lower Reef was formed by accumulations of gravel bars, sandstones

and associated pebble washes. The gravels merged towards the channel flanks thus giving rise to “contact gravel” (Shiva Uranium Mine, 2012).

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The Middle and Upper Reefs were deposited in a similar manner to the Lower Reef. The

three reefs are all separated by mature sandstones with sub-ordinate pebble wash and gravel. The Middle and Upper Reefs were deposited further up the main channel flanks

and thus have generally much broader distribution than the Lower Reef conglomerates (Shiva Uranium Mine, 2012).

The upper most reef (‘5 Reef’) gravels and thin gravel lag lenses remaining on scour

surfaces were subsequently reworked and redistributed to form a tabular reef body with

a winnowed surface. These rocks are overlain by super mature arenites of the White Bar, which marks a discrete change from a fluvial to tidal-marine depositional

environments (Shiva Uranium Mine, 2012).

The relatively frequent development of conglomerate beds, particularly within the central

portion of the West Rand Group, and a feature unique to the Klerksdorp area, indicates a proximal depositional environment (Robb and Robb, 1998).

4.3.2.3 Mineralisation

Shiva Uranium Mine (2012) provides a summary of the main features of the gold mineralisation within the Outer Basin Reefs. Significant gold concentrations are found on

the Jeppestown/Government Formation disconformity, preferentially within northwest-

southeast trending channel deposits. High bed relief and potholes preserved in the Elandslaagte Formation formed superb palaeoplacer gold traps. Gold mineralisation is

often associated with discolouration and bleached alteration zones extending below the pre-Jeppestown erosional surface into the underlying Elandslaagte Formation.

5 EXPLORATION HISTORY

5.1 Uranium Section

The exploration data upon which the historical Mineral Resources are based date back to

the period 1919 to 1960. This data is from drilling that was undertaken by the Anglovaal Group, Dominion Reefs Mine and AAC (Wanless, 2008). These campaigns are

collectively referred to as the Pre-1966 Campaigns.

During the period 1966 to 1978, Anglo American Prospecting Services (AAPS) conducted

a diamond drilling campaign of eighty seven BQ-BX sized core boreholes (Wanless, 2008) over the Dominion Reef targets (Dominion Section) on behalf of the AAC (Harley,

2006). 91 boreholes were drilled over the Rietkuil Section during the same period. This campaign is referred to as the AAC 1960s Campaign.

Post the 1998 reorganisation of The Afrikander Lease Limited, a diamond drilling

campaign in 2004 and in early 2005 was managed by the AAC to validate the historical

drilling results and re-investigate the uranium resources. This campaign is referred to as the AAC 2004 Campaign.

Prior to the development of the Dominion Uranium Project by Uranium One (inclusive of

its preceding names), a diamond drilling campaign was started in May 2005 and went on until circa 2008 (Wanless, 2008). This campaign is referred to as the Uranium One

Campaign.

Thus, the exploration data can be considered to be composed of:

the Pre-1966 data;

the AAC 1960s data;

the AAC 2004 data, and

the Uranium One data.

T1.3A (i)

T2.3A (i)

T2.3B (ii)

T2.4

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The exploration data upon which the current Mineral Resources has been based is

restricted to the AAC 2004 and Uranium One data for which verifiable quality assurance and quality control (QAQC) and sampling protocols are available for review. The uranium

section can thus be considered an advanced brownfields exploration project with historical production.

5.2 Gold Section

Although exploitation commenced from the gold reefs in the 1890s, the first recorded

exploration was by AAC in the 1980s (Harley, 2006a). Under the tenure of The Afrikander Lease Limited, an exploration programme over the Outer Basin reefs was

completed. This was comprised of BX diamond drilled holes, reverse circulation percussion holes, trenching and chip sampling and was completed in circa 2002 to 2003

(pers. comm. P. Camden-Smith).

Uranium One completed an exploration programme of diamond cored boreholes in circa

2006 to 2007. However, this could only target areas that had not been under-mined by the historical mining.

Shiva has drilled several short boreholes since it assumed control of the mine in 2010.

The gold section can thus be considered to be an advanced brownfields exploration project with historical production.

6 LEGAL FRAMEWORK – TENURE

Mining Rights (400MR, 401MR and 228MR) are held by Shiva Uranium Limited, formerly

known as Uranium One Africa Limited. Shiva is held 74% by Oakbay Resources and Energy Limited (“Oakbay”) and 26% by Islandsite Investments 255 (Pty) Limited as laid

out in Figure 11.

Figure 11: Company structure and ownership

Oakbay is the entity to be listed on the JSE Ltd and the listing would require Oakbay Investments and/or Action Investments to dilute their respective shareholding in

Oakbay. It is understood that Islandsite Investments 255 (Pty) Limited is the black

empowerment component to the ownership of the Mining and Prospecting Rights as per the statutory requirements.

T1.2A (i)

T1.3A (i)

T1.3B (ii)

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The Mineral Corporation has restricted its review of the tenure to the technical aspects

only and relies on the statements by the directors of Oakbay regarding confirmation of legal title of the rights to explore and/or mine for gold and uranium as well as any legal

proceedings that may have an influence on these rights. These statements can be found in Section 37 (Litigation Statement) of the Circular dated circa 20 November 2014.

6.1 Mining Rights

Uranium One Africa Limited (Uranium One) is the holder of a new order Mining Right

granted in terms of section 23(1) of the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002) (MPRDA). The Mining Right (DMR reference NW

30/5/1/1/2/228MR (228MR)) was registered in the Mineral and Petroleum Titles Registration Office (MPTRO) in Pretoria on 23 July 2007. Uranium One has subsequently

changed its name to Shiva Uranium Limited (Shiva).

The mining area measures 14 351ha in extent and is comprised of the following farms:

Bramley, Ryneveld, Rietkuil, Rhenosterhoek, Rhenosterspruit, Rhenosterfontein, Rhenosterberghoek, Wolwerand and Syferfontein, all of which are located in the North

West Province. The minerals granted in terms of the Mining Right are gold ore and allied minerals, uranium ore and allied minerals, rare earths and monazite (heavy

minerals).

The effective date of the Mining Right is 28 October 2006 (i.e. the date on which the

Environmental Management Plan was approved) and, unless cancelled or suspended, continues in force for a period of thirty (30) years, terminating on 27 October 2036.

In addition, Shiva was the holder of two old order Mining Leases (ML 5/2000 and

ML 12/1998) issued for precious metals and uranium which expired on 9 September 2008. Shiva lodged applications for conversion to new order rights on 9 September

2008 at the DMR’s office in the North West region.

These Mining Leases were successfully converted and notarially executed by Shiva and

the Regional Manager of the DMR North West on 10 March 2011 and remain in force for a period of thirty (30) years.

The rights (with new DMR reference numbers NW 30/5/1/1/2/400MR (400MR) and

NW 30/5/1/1/2/401MR (401MR)) were registered in the MPTRO in Pretoria on 15 March 2012 and 31 January 2012, respectively.

The 400MR mining area measures 646ha in extent and is comprised of the farms Rietkuil

397 IP, Rietkuil 414 IP, Wolverand 413 IP and Wolverand 425 IP in the North West

Province.

The 401MR mining area measures 748ha in extent and is comprised of Portion of Portion 44, Portions 48, 49, 50, 51, 54, 55, 56, 57, 58, 59, 60, 61, 62, 73 and 33 Claims of the

property Rietkuil 397 IP in the North West Province.

6.2 Prospecting Rights Shiva is the holder of eleven Prospecting Rights granted in terms of section 17(1) of the

MPRDA. These rights were renewed in terms of section 18(3) of the MPRDA for a period

of three (3) years and expired in March 2012. The details of these Prospecting Rights are provided in Table 4.

6.3 Section 102 Application

Clause 4.1 of both Prospecting and Mining Rights provides that: “The terms of this right (including by extension of the area covered by it or by the addition of minerals or a

share or seams, mineralised bodies, or strata, which are not at the time the subject

thereof) may not be amended or varied without the written consent of the Minister.”

T1.7A (iii)

T5.1A (i)

T2.3

T1.7A (iii)

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An application in terms of Section 102 of the MPRDA was submitted to the DMR on

29 March 2012, requesting consent from the Minister to consolidate Mining Rights 400MR and 401MR, along with Prospecting Rights NW 30/5/1/1/2/928PR, 929PR, 930PR,

932PR, 934PR, 935PR, 936PR, 938PR, 940PR, 941PR and 1044PR into the NW 30/5/1/2/2/228MR Mining Right.

Included in the Section 102 application was the standardisation of the minerals to be “gold ore and allied minerals, uranium ore and allied minerals, rare earths and monazite

(“heavy minerals”)”.

Consent from the Minister has yet to be provided in terms of the Section 102 application as the DMR is currently processing the application. Until consent has been provided from

the Minister, the eleven Prospecting Rights are considered to be lapsed as their renewal

expired on 29 March 2012. The maximum period of renewal (3 years) has already been granted to the Prospecting Rights and no further renewal can be granted according to

the MPRDA.

The rights to 400MR and 401MR were withdrawn on the 14 August 2012, as requested

by the DMR in favour of the Section 102 application to consolidate all the Mining and Prospecting Rights under one Mining Right. The Assistant Legal Director, Mr Morgan

Disipi, of the DMR Klerksdorp office, has confirmed, via email sent to Shiva on 7 July 2014 that, in terms of the standard procedure, the rights to 400MR and 401MR will only

be officially withdrawn once the Section 102 application has been approved and executed. The administration process of acknowledgment and processing of the said

withdrawal application is thus understood to have no effect on the status of 400MR and

401MR.

6.4 Surface Rights

Surface right ownership over the mining area (including 228MR, 400MR and 401MR) is

held by Uranium One, the State and privately. Portion 60 of Rietkuil 397 (situated in

400MR) is held by Suvuka Mining. However, this does not impact on the area being mined. Uranium One is the holder of surface rights where opencast mining is taking

place on 400MR and 401MR.

7 LEGAL FRAMEWORK - SOCIAL

Shiva submitted an updated social and labour plan (“SLP”) for the 228MR, 400MR and 401MR in June 2010. This SLP has been approved by the DMR and Shiva and any

appointed contractors are legally obliged to adhere to the commitments laid out in the approved SLP. Shiva has submitted, as required, annual audits to the DMR detailing its

adherence to the commitments laid out in the SLP.

T1.7A (iv)

T1.7A (i)

T1.7A (ii)

T5.3C (i)

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T1.5A (i)

Figure 12: Tenure plan

T1.6A (ii)

T1.6B (i)

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Table 4: List of prospecting rights held by Shiva

DMR reference number Description of land Area (ha) Mineral(s) Date of

commencement Date of expiry

Date of registration at MPTRO

Date of renewal expiry

(if applicable)

Date of registration of renewal at

MPTRO

NW30/5/1/1/2/928PR Portion 2 of Elandslaagte 330 IP 200.7097

Gold Ore, Uranium Ore,

Rare Earths and All Minerals

07 December 2006 06 December 2008. 24 Jan 2007

(111/2007PR) 29 March 2012. 26 May 2009

NW30/5/1/1/2/929PR Mineral Area No 3 of the Remaining Extent of Syferfontein 333 IP

167.5252 Gold Ore, Uranium Ore,

Rare Earths and All

Minerals

28 October 2006 27 October 2008 07 December 2006

(665/2006PR) 29 March 2012 26 May 2009

NW30/5/1/1/2/930PR Remaining extent of Portion 22(1) of Syferfontein 303 IP

160.6560 Gold Ore, Uranium Ore, Rare Earths, All Minerals

and Molybdenum Ore 07 December 2006 06 December 2008.

25 January 2007 (121/2007PR)

29 March 2012 26 May 2009

NW30/5/1/1/2/932PR Portions 15, 20 and 21 of Rietkuil 397 IP 325.2680 Gold Ore, Uranium Ore,

Rare Earths and All Minerals

28 October 2006 27 October 2008 08 December 2006

(682/2006PR) 29 March 2012 26 May 2009

NW30/5/1/1/2/934PR Portion 5 of Elandslaagte 330 IP 662.0940 Gold Ore, Uranium Ore,

Rare Earths and All

Minerals

28 October 2006 27 October 2008 20 November 2006

(601/2006PR) 29 March 2012 02 March 2009

NW30/5/1/1/2/935PR Hartebeesfontein 297 IP No further information was provided by Shiva

NW30/5/1/1/2/936PR Portion 10 (A portion of Portion 1) of Rhenosterspruit 326 IP

1 71.3107 Gold Ore, Uranium Ore,

Rare Earths and All Minerals

28 October 2006 27 October 2008 22 November 2006

(606/2006PR) 29 March 2012 26 May 2009

NW30/5/1/1/2/938PR Portions 1, 3 and 4 of Elandslaagte 330 IP 1 002.1447

Gold Ore, Uranium Ore,

Rare Earths and All Minerals

15 November 2006 14 November 2008 21 December 2006

(765/2006PR) 29 March 2012 26 May 2009

NW30/5/1/1/2/940PR Portion 370 of Hartebeesfontein 297 IP 17.5304 Gold Ore, Uranium Ore,

Rare Earths and All Minerals

28 October 2006 27 October 2008 22 November 2006

(605/2006PR) 29 March 2012 26 May 2009

NW30/5/1/1/2/941PR Jakkalsfontein Oos 325 IP No further information was provided by Shiva

NW30/5/1/1/2/1044PR

Portions 6, 20, a portion of Portion 35, and Remainder of Portion 8 and 9, a portion of Portion 7 of Rhenosterspruit

326 IP

1 359.9050 Gold Ore, Uranium Ore,

Rare Earths and All

Minerals

28 October 2006 27 October 2008 08 January 2007

(07/2007PR) 29 March 2012 01 March 2012

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T5.2A (i)

8 LEGAL FRAMEWORK – ENVIRONMENTAL

8.1 Mineral and Petroleum Resources Development Act, No. 28 of 2002 (MPRDA)

This section is a review by Prime Resources (2014) of the available environmental information, including the applications made in terms of the governing legislation and

the existing permits and licenses, as well as a site visit on 31 March 2014 with the Shiva

management and engineering teams. Table 5 summarises the current status of activities being conducted by Shiva and the current environmental authorisations, permits and

licenses. Table 5: Summary of current status of activities

Mining Right Primary activity as per EMP Status Relevant EMP/R Water Use Licence

228MR

Underground mining of uranium at Rietkuil and Dominionville

Care and maintenance

Original EMP November 2005

Addendum May 2008

Licence No. 23011606/11 covering water uses

undertaken over the farms: • Hartebeesfontein 297

IP, • Rietkuil 414 IP (Pt 0), • Rietkuil 397 (Pt 4, 6,

18, 19, 43, 59, 76), • Rhenosterspruit 338

IP,

• Rhenosterspruit 229 IP,

• Rhenosterspruit 326 IP

DRUM Gold and Uranium Plant

and Tailings Facility

Currently utilised for processing of gold material mined at the

400MR/401MR section

Dominionville and associated infrastructure

Approved but not developed

400MR/401MR

Mining of precious metals and uranium

Rehabilitation and care / maintenance of previously mined

areas

Opencast mining of Gold at the 40MR/401MR section –Old Golf course and Babrosco Areas

September 2009

8.1.1 Mining Right 228MR

The EIA and EMPR were compiled in terms of the MPRDA in support of the Mining Right

application for the underground mining of uranium oxide, gold and rare earth elements and other minerals at the Dominionville and Rietkuil sections. The EIA and EMPR were

approved in November 2005.

8.1.2 Mining Right 400MR and 401MR The original EMP was amended in 2002 to include both 400MR and 401MR. In 2009, a single consolidated and updated EMP was prepared for these two Mining Rights and

submitted to the North West DMR in Klerksdorp, which was approved in terms of the MPRDA in 2011.

8.1.3 Conclusion Inconsistencies between the existing and the planned future mining operations and

those described within the approved EIA and EMPs were identified, the most significant of which being the opencast gold mining activities on 400MR and 401MR.

An application in terms of Section 102 of the MPRDA was submitted to the DMR on the

29 March 2012. Consent from the Minister has yet to be provided in terms of the

Section 102 application, and the Section 102 application is currently still in process.

Shiva has advised that an updated EIA and EMP have been submitted to the DMR as an accompaniment to the Section 102 application and this included the opencast gold

mining activities on 400MR and 401MR.

It has been advised by Shiva that the Section 102 application and EIA process conducted

in terms of Section 102 has been undertaken as per Section 39 of the MPRDA (when read together with Regulations 49, 50 and 51 of GNR527) including a Scoping Study,

Public Consultation and a revised EMP that adequately reflects all current and planned activities at the mine has been submitted.

T5.2B (i)

T5.2B (ii)

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Section 55 (2) reports have not been submitted to the DMR as a result of the

Section 102 process.

8.2 National Environmental Management Act (No. 107 of 1998) (NEMA) and the EIA Regulations of 2010

From the review of information provided, the only Environmental Authorisations awarded

to Shiva in terms of NEMA for the activities conducted in terms of the 288MR, 400MR and 401MR include:

May 2005: ROD EIA 221/2003 NW

December 2006: ROD EIA 221/2003 NW, and

September 2007: ROD NWP/EIA/36/2006.

These Environmental Authorisations pertain to the installation and utilisation of treated sewage effluent (TSE) from Klerksdorp as Bulk Water Supply to the Mine via a buried

pipeline.

Based on the available project information and mine plan proposed, Table 6 serves to

summarise the listed activities that will potentially require either a Basic Assessment or a Scoping, EIA and EMP process.

Table 6: Activities as per the NEMA EIA Regulations potentially requiring Environmental

Authorisation Listing Notice /

Activity No. Applicable To

LN2/15 Transformation of land greater than 20Ha within the 400MR/401MR area

LN2/5 The construction of the facilities and infrastructure for any process or activity which requires a [sic] WULA or AEL. A WULA may be required for activities at the Afrikander Leases Gold section. An AEL may be required for the

production and processing of gold and uranium at the DRUM operations.

LN1/22 The construction of a haul and access roads on-site within the 400MR/401MR area

LN2/26 Commencing of an activity, which requires an AEL such as the processing of gold and uranium at the DRUM operations.

Considering the findings, it is important to note that several activities, which have already commenced, may require a Section 24G rectification process, in terms NEMA,

and a Scoping, EIA and EMP Environmental Authorisation process in terms of NEMA will

need to be conducted.

8.3 The National Environmental Management: Waste Act (No. 59 of 2008) (NEM:WA)

In the approved EIA and EMP for the 228MR operation and the addendum thereto, a brief mention of waste management activities and a waste management programme

was made; however, this programme could not be made available for the purposes of

this review. In terms of the 400MR/401MR section, the approved EIA and EMP briefly refers to waste management measures to be implemented at the mine (i.e. the removal

of general and hazardous waste from site). Therefore, it could not be ascertained whether the mining operations require permitting in terms of the Act.

Typical waste management activities undertaken at mine sites include hazardous industrial waste management, domestic/general waste storage and disposal and sewage

treatment. Sewage treatment no longer falls under the jurisdiction of NEM:WA and is now a listed activity in terms of NEMA and the EIA regulations and has therefore been

addressed under the NEMA section of this document.

Shiva has confirmed that the mine does store less than 100m3 of general waste and less

than 80m3 of hazardous waste at the transfer facilities at any given time, thereby remaining below the license thresholds.

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8.4 National Environmental Management: Air Quality Act (No. 39 of 2004)

(NEM:AQA) The production and processing of Au and U3O8 at the 228MR operation triggers a listed

activity, in terms of Section 21(1) (a), for which an AEL is required in terms of Chapter 5 of NEM:AQA, as described in Table 7.

Table 7: NEM:AQA listed activity

Category of listed activity

Sub-category of the listed activity

Name of the listed activity Description of the listed activity

4. Metallurgical Industry

Subcategory 4.17 Precious and base metal production and refining

The production or processing of precious and

associated base metals through chemical treatment.

The above requires permitting through the District Municipality, including a public consultation process, accompanied by a NEMA environmental authorisation process. The

applicant may also be required to submit an Atmospheric Impact Report in terms of Section 30 of NEM:AQA in the prescribed form as detailed in GN747 of 2013.

8.5 National Environmental Management: Biodiversity Act (No. 10 of 2004) (NEM:BA)

Previous environmental work conducted for the 228MR operations included the relevant ecological specialist studies. According to the specialist studies conducted, no

endangered species were recorded. However, the protected tree the Acacia Erioloba

(Camel Thorn) was noted on-site, and a permit for the removal of this species is required. There is no record of the required permit being obtained.

An ecological specialist study was carried out for the 400MR/401MR section during the

previous environmental work conducted and no species of conservation concern were

identified. However, this study focussed on the development footprint(s) which, at that stage, excluded the opencast mining activities. Therefore, a specialist ecological

assessment should form part of the Environmental Authorisation process.

8.6 National Nuclear Regulator (NNR) Shiva has confirmed that it is currently in possession of two NNR licences (Certificates of

Registration), namely COR 160 and COR 206, respectively.

COR 160 was approved, signed and issued by the National Nuclear Regulator on

1 February 2007.

The authorised site as per COR 160, Section 2.1: Scope, which incorporates

228MR, 400MR and 401MR as indicated on the surface plan granted

authorisation to carry out the surface and underground mining of uranium and gold on this site. In an NNR letter dated 19 May 2011, approval was also

granted for the incorporation of the Wolwerand area of Shiva.

COR 206 was approved, signed and issued by the National Nuclear regulator on

18 June 2008.

On 27 August 2014, re - application was made and submitted to the NNR not to

amalgamate Licence COR 160 and COR 206 but only to retain Licence COR 160.

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9 LEGAL FRAMEWORK – WATER USE LICENSES

In July 2006, a Water Use Licence (WUL) for the following water uses, valid for a period of 20 years (2026), was awarded.

Section 21(a) (taking water from a water resource) and Section 21(b)

(storing water)

The WUL makes provision for the abstraction and storage of water from a total of eight boreholes and three shafts across the Project with the aim of using

water removed for domestic, process and irrigation purposes.

Section 21(j) (removing water found underground)

The WUL authorises removal of water found underground at Shiva at the D1, D2, R1, R2 and R3 portals.

It should also be noted that the WUL stipulates that the quantity of water

removed and disposed of into the Bob Gardner Dam may not exceed the daily

average indicated (1 728 000m3) without prior authorisation from the Department of Water Affairs (DWA).

The WUL further requires that water is provided to any water user whose

potable water supply has been impacted by the mine.

Section 21(g) (disposing of waste in a manner which may

detrimentally impact on a water resource) The following water uses that involve disposing of waste, which may

detrimentally impact on a water resource at the Shiva mine were authorised:

a) The Tailings Dam on Rietkuil 414 IP;

b) The Return Water Dam (RWD) on Rietkuil 414 IP; and c) The Soil Stockpiles, Waste Rock Dumps and Ore/Sample Stockpiles on

Rhenosterspruit 338 IP, Rhenosterspruit 229 IP, Rhenosterspruit 326 IP and Portions 19 and 76 of Rietkuil 397 IP.

The conditions associated with these water uses are as follows:

a) Tailings Dam: Maximum quantity of disposal is 1 200 000m3 per annum;

b) Minimum freeboard is 0.8m with capacity for a 1:50 year flood event; c) RWD: Authorised to received discharge from the Tailings Dam;

d) Soil Stockpiles: Maximum volume of 10 000m3;

e) Waste Rock Dumps: Maximum volume of 60 000m3; and f) Ore/Sample Stockpiles: Maximum volume of 4000m3.

Section 21(f) (discharging waste or water containing waste into a

water resource through a pipe, canal, sewer, sea outfall or other

conduit) The following water use that involves discharging waste or water containing

waste into a water resource at the Shiva mine was authorised:

Discharging 109 500m3 per annum of TSE water and fissure groundwater at an

average daily rate of 1 000m3 into the Jag Spruit.

Section 21(c) (impeding or diverting the flow of water in a

watercourse) and (i) (altering the bed, banks, course or characteristic of a watercourse)

A single haul road crossing a watercourse was authorised in the WUL in terms of Section 21 (c) and (i) for impeding and diverting the flow of water in a

watercourse and altering the bed, banks, course or characteristics of a watercourse.

T5.2B (i)

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The existing WUL lists specific monitoring requirements, accident remediation and

precautionary measures for each water use listed above, which should be adhered to at all times.

The WUL was issued for the water uses at the mine in 2006 (License No. 23011606/11)

and pertained largely to activities undertaken in terms of the underground uranium

mining, processing, residue handling and water management thereof, as described above. It is therefore likely that a number of additional water uses are being

undertaken in terms of the gold mining activities within the 400/401MR section, which may not be contemplated in the existing WUL.

9.1 WUL Compliance Inspection

The DWA undertook a WUL compliance inspection of the mine in September 2013 which

resulted in the following observations:

The mine is currently not mining uranium and the plant is under ‘care and

maintenance’; The gold plant is operating at minimum capacity;

The gold plant is in a good operating condition and all areas are bunded and

lined to prevent pollution;

The 100 year water storage dam at the gold plant is receiving water from the

TSF for use in operation of the plant;

All areas were clean and no spills were noticed on the day of inspection;

No storm water management is undertaken or taking place at the plant;

Storm water management must be addressed as there is no clean and dirty water separation at the mining activities;

The 100 year storage water dam had the correct freeboard on the day of the

audit, and

As the mine is operating at minimum capacity, the material stored at the TSF is

minimal.

Considering these observations, a complete review of the existing WUL was undertaken to identify any additional water uses or amendments in terms of existing water uses

which would be required for current mining operations.

9.2 WUL Amendments

Section 21(g) for Waste Rock Dumps and Soil Stockpiles expanded as a result of

opencast mining at the 400/401MR mining areas; Section 21(g) for additional TSE discharged as a result of opencast mining at the

400/401MR gold mining areas;

Section 21(a) and (j) for dewatering of opencast pits as a result of opencast

mining at the 400/401MR mining areas and any re-use of this water on the mine;

Section 21(g) for new Waste Rock Dumps created as a result of opencast mining

at the 400/401MR mining areas; and

Section 21(c) and (i) for any additional crossings of the Jag Spruit at the 228MR

operation and / or 400/401MR areas.

9.3 Conclusions The items of concern identified by the DWA during the compliance inspection in

September 2013 need to be addressed. This will include the amendment of registered

water uses in the existing WUL (see Section 9.1). Issues concerning stormwater management need to be addressed in accordance with the existing WUL conditions.

Amendment of water uses within the existing WUL will most likely require the following:

T5.2B (ii)

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Amended WULA application forms for each water use;

Updated water balance taking into account new volumes;

Revised storm water management plan including any additional management

measures required as a result of increased infrastructure footprints; Revised closure and rehabilitation plan including additional measures for the

rehabilitation of opencast pits and expansion areas, specifically dealing with

potential Acid Mine Drainage (AMD) problems occurring at post-closure; Specialist studies in order to assess the environmental impact of additional

infrastructure where required;

An Integrated Waste and Water Management Plan (IWWMP) for new water uses

at the mine; A water and salt balance;

Design drawings and a design report for new infrastructure where required;

A storm water management plan for new water uses; and

A closure and rehabilitation plan for new water uses.

Prior to any additional WUL work being undertaken and once amended water uses have

been confirmed, a consultation meeting with the DWA should be undertaken by the Applicant and Environmental Assessment Practitioner (EAP). This meeting will provide

direction in terms of addressing the items of concern identified by the DWA during the compliance inspection in September 2013, as well as ascertaining the DWA preferred

method of WUL amendment.

10 CLOSURE COSTS

As per the May 2014 review of the quantum for closure-related financial provision, calculated for the period 2013-2014, the total quantum for Mining Rights 228MR, 400MR

and 401MR amounts to R110 694 761 (excluding VAT, contingencies, Preliminary and General costs (P&Gs), assuming Shiva will undertake all rehabilitation activities itself.

Should provision be made for rehabilitation by a third-party (including VAT,

contingencies and P&Gs, the overall quantum increases to R161 351 842. The current value of the Guardrisk Insurance Policy held by Shiva is R62 424 275.

The procedure adopted for estimating the quantum for closure-related financial provision

was as per the DMR Guidelines for Evaluation of the Quantum for Closure-related

Financial Provision, dated 2005, using the rules based approach and based on updated closure-component rates provided by the DMR for 2012 and escalated by inflation to

current value.

Provision has not been made in the existing quantum for the treatment of excess water

contained in existing workings as indications by the mine operational team are that the intention is to utilise any such water in the process water circuit. The cost in this regard

is thus to be considered an operational cost.

11 URANIUM PROJECT

11.1 Exploration Data

The exploration data that the current Mineral Resources are based upon has been restricted to the AAC 2004 and Uranium One drilling data, as these data have verifiable

QAQC results and sampling protocols available for review described in Section 5.1. The distribution of the various drilling campaign data are contained in Figure 13.

11.1.1 Database validation

Validation of the Shiva database was performed by The Mineral Corporation. As the

database was supplied as raw individual borehole data, correlating reefs between T1.2B (ii)

T2.1A (i)

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boreholes, reef coding, reef dilution, data capture errors and understanding the rationale

for the exclusion of certain boreholes became a time consuming process to derive a useable database. Processing of the data was followed by a site visit to view selected

boreholes as well as to review the site procedures and data management processes. Addressed below are the main data validation issues leading to the consolidation of the

database.

11.1.1.1 Data capture errors

Data capture errors in the database were mainly related to typographic errors. This resulted in sample overlaps, assay data entered in the wrong columns, incorrect collar

positions or planned collars being captured instead of the actual information. Four methods were used to identify these errors, namely the Datamine (Datamine Studio

Version 3.22) data validation process, data posting used to identify mainly the collar

coordinate errors, Datamine 3D viewer to identify collar survey errors and visual interrogation of the database in Excel.

11.1.1.2 Borehole exclusion

An inventory of the boreholes not utilised for the estimation process was built in order to

provide accountability, considering the investment of drilling each borehole. The boreholes excluded had one or more of the following problems affecting the integrity of

the reef intersection:

1. Faulted intersection; 2. Borehole drilled in Basement granite;

3. Geotechnical hole although these were utilised in building the geological model;

4. Dyke/Sill intrusion; 5. Incomplete data due to the hole being not logged, it was an old hole or it had

problems 1 to 4 above; 6. Reef not preserved: This was due to the reef being eliminated by faulting and, in

some instances, the Rhenosterspruit lavas overlying Basement rocks, and

7. Basement high zones affecting the LDOM.

Boreholes affected by points 1, 2, 3, 4 and 7 above were retained in the database for use in the interpretation and modelling of structure.

T2.5A (i)

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Figure 13: Drilling campaigns

T1.4A (ii)

T1.4A (i)

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11.1.1.3 Site visit

The competent person (CP), competent valuator (CV) and a team comprising Mineral Resource geologists visited Shiva’s operations on four occasions: namely 10 March 2014

for data collection and general site tour; 10 April 2014 for core scrutiny and structure sign off with the CP; 15 April 2014 for data verification; and 5 May 2014 by the CP for

an underground visit and random pulp selection for independent re-analysis.

During the visits, The Mineral Corporation team also visited drill sites and verified

borehole collar coordinates, re-logged the core of randomly selected boreholes and discussed with Shiva personnel the drilling, logging, sampling and quality control

procedures.

11.1.1.3.1 The core yard

The good quality core yard and shed are secured by padlocked access points. The gate to the facility and the door into the core shed as shown in Figure 14.

Figure 14: Core yard security

The core is stored in clearly labelled stacked metal core trays which are colour coded based on the location of the borehole (Figure 15). A core shed map is available to

locate where core is stored.

Figure 15: The colour coded core boxes and core shed map (on right)

The CP inspected the core facility and considers the core storage and catalogue methods

to be of good standard and fit for purpose.

T3.2A (v)

T2.14

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11.1.1.3.2 Verification of collar coordinates

The collar coordinates for three randomly selected boreholes were verified in the field

using a hand-held GPS. Figure 16 shows one of these collars visited (DRT119). The collar is marked permanently by a metal cap. The metal cap for a fourth borehole site

(DDR234) could not be found and it was concluded that the cap had probably been

removed due to recent farming activity.

Figure 16: The collar of DRT119 as verified in the field

11.1.1.3.3 Borehole logging

The core for boreholes TRX002, TRX006, DRT027, DRT030, DRT076, OOR031 and

DDR104 was assessed during the core visit. These cores were inspected to check and

validate the logging, sample lengths, core recoveries (Section 11.1.12), sample numbers and reef contacts. A hand held scintillometer was used as a tool to verify elevated

uranium abundance locations.

In the Oorbedjiesfontein area, the UDOM, Middle Dominion Reef (MDOM) and LDOM are well developed with borehole OOR031, thereby presenting a good reef profile. The three

reefs in this borehole are identified on the following characteristics:

UDOM - Dark grey med to small pebble clasts in gritty quartzite matrix;

MDOM - Medium pebble clasts, yellowish green to whitish colour; and

LDOM - Large loosely packed leucocratic clasts often occurring as a sliver sitting

at the base of the Dominion sequence.

Reef duplication was observed in TRX002 in the area where interpretations of reverse

faulting were made.

The conglomerate in the Rhenosterspruit quartzite (RSQ) in DRT027 was checked. It

occurs at a depth of 179m in that borehole, about 35m in the hanging wall of the UDOM. The RSQ is more prominent in the Rietkuil Section than the Dominion area but

its occurrence and grade profile are sporadic.

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11.1.1.3.4 Data control and storage

Data is stored both digitally and in hardcopy in the form of flat-files per borehole, plans

and printed tables. The only problem identified was the extraction of the data into a useable electronic format. The data was not already compiled into a single useable

database for estimation, and required collation by The Mineral Corporation.

11.1.1.3.5 Data retrieval and backup processes

The mine utilises the DH Logger software that is a database system used to log, view and manage all the borehole data. DH Logger provides tools for quick and accurate data

collection. However, Shiva was not able to retrieve the desired data using any set of queries, which necessitated collating the data by The Mineral Corporation.

11.1.1.4 Data verification

The data verification carried out by The Mineral Corporation is discussed in the following

commentary.

Scrutiny of data postings and plots to check the location of data relative to the legal

boundaries was completed, and a check of the boreholes drilled in the AAC 2004 and Uranium One campaigns was made to ensure they were in the database. The Mineral

Corporation carried out verification of randomly sampled boreholes against the database at site. The main issue identified during the verification exercise was the absence of the

original assay sheets for most of the analytical data.

Structural interpretations were verified with the mine personnel and any intersection

queries were discussed. The evaluation database was provided to the Shiva personnel to scrutinise and all missing data queries were sent to them for explanation.

Old AAC plans were scrutinised and the databases compiled by the previous consultants

who worked on the project were checked to ensure that all the collars for the drilled

boreholes were included in the final database.

The spatial distribution of the boreholes for the various drilling campaigns is portrayed in Figure 13. The pre-1966 drilling was targeting near surface occurrences. Drilling done in

the period 1966-1978 covered most of the Project and was aimed at defining the extents

of mineralisation. The drilling post 2006 was aimed at increasing confidence in the data.

T3.2A (iv)

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11.1.1.5 Underground chip data verification

An underground chip sampling data database was provided for the UDOM by Shiva, the locations of which are within the stoped out areas depicted in Figure 19. This data has

been analysed by scrutiny of the Au to U3O8 relationship as presented in Figure 17. The domains 1 and 2 refer to the Dominion Section (to the southwest) and the Rietkuil

Section (to the northeast), respectively.

Figure 17: Au- U3O8 grade relationship for the underground chip data

From Figure 17 it can be noted that the domain 1 data has a different Au to U3O8

relationship compared to the domain 2 data. It can further be noted the domain 1 data

has several points that lie on what appear to be regression lines indicating that in the analytical process one of the metals was probably estimated from the other based on a

small training sample that was updated at intervals. This is not an acceptable practice

for use in Mineral Resource estimation.

The average grades of the chip sampling data are presented in Table 8 and it should be further noted that all of these samples are based on a width of 1m. The 1m width may

be indicative of the mining of a selective high grade cut, which would be in conflict with

the evaluation cut philosophy contained in Section 11.2.4.1. Widths up to 1.6m are considered and a selective narrower cut mixed with data of a wider cut is likely to affect

the metal contents and thickness modelling adversely. Table 8: Average chip sampling grades for the UDOM at the Dominion and Rietkuil Sections

Section Average Au g/t Average U3O8 g/t

Dominion 10.85 554

Rietkuil 1.32 985

Based on the foregoing the UDOM underground chip sampling was deemed by The Mineral Corporation not to be suitable for use in Mineral Resource Estimation.

0

2 000

4 000

6 000

8 000

10 000

12 000

14 000

0 10 20 30 40 50 60 70 80

U3O

8 (g

/t)

Au Grade (g/t)

Domain 1 Domain 2

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11.1.1.6 Mineralisation verification

The Mineral Corporation’s standards, with respect to CPRs, necessitate the taking of independent samples for analyses to ascertain if mineralisation of the tenor portrayed by

the project promoters exists. To complete this task, random pulps were selected from the library of pulps left by the Uranium One drilling campaign. The results are depicted

in a mean deviation plot format as shown in Figure 18.

Figure 18: Mean Deviation plot of pulp re-analyses results for Au and U3O8 from selected

boreholes

From Figure 18, it can be noted that the Au re-analyses of samples from borehole

DDR107D2 are highly anomalous (~90% mean deviation), whereas the uranium results for the third to fifth samples are not anomalous for this borehole. This is interpreted as

a typographical error in the Au database. The remainder of the pulp analyses for both Au and U3O8 oscillate between ±20% mean deviation apart from one anomalous sample

from DRT180.

The conclusion of this independent exercise is that the Au and U3O8 mineralisation as

depicted in the borehole database exists, that some typographical switching probably exists in the database but that, overall, the borehole database is a reflection of the rocks

that were obtained from the drilling programmes.

11.1.1.7 Validated data

The validated boreholes whose data was used for the Mineral Resource estimation for the Project are plotted on Figure 19.

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T2.2A (ii)

T1.5A (ii)

Figure 19: Borehole evaluation database

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11.1.2 Analytical QAQC

It is noted that no analytical QAQC data could be found with confidence in the databases that were provided by Shiva. However, the reports by Harley (2006a and 2006b) and

Wanless (2008) have documented this information in hardcopy graphical format. This base data was digitised from enlarged prints and a duplicate electronic database has

been created of the analytical QAQC that these authors assembled at different times for

the Project.

The total number of QAQC samples within the data employed in this evaluation is contained in Table 9.

Table 9: QAQC statistics

Type of QAQC sample U3O8 Au

Blanks 190 374

CRMs 463 294

Duplicates 368 259

Totals 1021 927

Total Samples for Evaluation 175 393 172 780

QAQC Proportion 0.58% 0.54%

The overall proportion of QAQC data in the database is sub-optimal as it is usually

expected that they would be between 5% and 10% of the field samples. However, it should be borne in mind that a large proportion of the database is from the AAC 2004

Campaign that has little supportive QAQC data. Based on these statistics, it is the CP ’s

opinion that the analytical results be employed only for the reporting of Indicated and Inferred Mineral Resources.

11.1.3 Identification of the Dominion Reefs

The Dominion Reefs are identified as the conglomerates occurring below the base of the

Witwatersrand sequence. The Basement granites are in the footwall of the Dominion Reefs. The LDOM is identified as a quartz-pebble conglomerate ranging in thickness

from a single parting plane to 2.0m thickness. It is preserved within palaeo-depressions in the Basement granites. The UDOM is approximately 10m into the hangingwall of the

LDOM - it is a laterally persistent quartz-pebble conglomerate ranging in thickness from a few millimetres in width up to approximately 2.5m in width. In between the two

conglomerates are the Rhenosterhoek quartzites which have a sporadic Middle Reef, and

which has not been evaluated due to its poor lateral continuity.

11.1.4 AAC 2004 borehole sampling and assaying due diligence

The following commentary describes the various borehole twinning, re-sampling and

other due diligence works by various parties aimed at validating the AAC 2004 data.

The Mineral Corporation has compared the analytical results in terms of error deviation or mean deviation as the case may be. The definitions are as follows:

In this manner, a negative result for error deviation indicates that the laboratory returned a conservative result whereas a positive result indicates an optimistic result.

The database of the analytical quality assurance and control results as described further

in this section have been analysed in this manner.

T2.1B (i)

T2.1A (i)

T3.2A (ii)

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11.1.4.1 AAC 2004 analytical QAQC

The AAC 2004 campaign was aimed at validating all of the previous drilling campaigns. As no earlier data (the Pre-1996 and AAC 1960s data) has been used in this Mineral

Resource estimation, comparison with the earlier drilling has no validation merit. However, the analytical QAQC data reported for the 6-hole borehole twinning exercise in

conjunction with the AAC 2004 campaign data have been analysed and the results are

depicted in Figure 20 and Figure 21. Figure 20 depicts the results of the U3O8 CRM (UREM) analysis and is a measure of accuracy whereas Figure 21 depicts the results of

two methods of sample preparation (the pressed pellet and borate fusion methods) at Set Point Laboratory in Johannesburg (“Set Point”), and is thus is a measure of sample

preparation precision at Set Point.

Figure 20: Twin hole drilling uranium certified reference material (UREM) results (Harley, 2006a)

From Figure 20, it can be noted that, at low uranium abundances (<400g/t), the laboratory under-reported the grades and, at higher abundances (>400g/t), marginally

over-reported results. However, apart from two results having an error deviation below -10%, the rest are within a ±10% error deviation. Thus, the uranium results of

the twinning exercise are considered useable for comparative purposes.

From Figure 21, it can be noted that the normal “trumpet” spread of mean deviation

occurs as would be expected with the high results at the very low mean grades of U3O8. Overall, the mean deviation is -2.33% indicating that the pressed pellet generally returns

a more marginally elevated abundance compared to the borate fusion method. The commonality between both methods suggests that there is no bias in the sample

preparation and method of the two analytical techniques.

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Figure 21: Twin hole drilling uranium analytical comparison between pressed pellet and borate

fusion discs at Set Point (Harley, 2006a)

Overall, the QAQC results for the 6 twinned hole exercise would indicate that the analytical results can be employed meaningfully for the U3O8 comparisons. No comment

can be made on the Au content as no Au QAQC results were presented by Shiva or

Harley (2006a).

Prior to the Uranium One drilling campaign, an audit of the AAC 2004 data (borehole records, analysis and core) was completed by Nzama and Arnold (2005) (their

qualifications being unknown). The summary of their findings are presented in Table 10. Table 10: Summary findings of the AAC 2004 data audit (Nzama and Arnold, 2005)

Item Number of boreholes and deflections

Borehole files taken to Shango Solutions Offices 18

Borehole files at Aflease Mine 99

Borehole files not present at Aflease Mine 112

Total of boreholes analysed 222

Boreholes analysed with unspecified method 6

Boreholes analysed by the dry method 142

Boreholes analysed by the wet method 138

Boreholes analysed by XRF 12

Boreholes for which core is present at the core yard 70

The database that Nzama and Arnold (2005) audited was based on 229 boreholes. The pertinent points of this audit highlighted the following:

Only 117 borehole files could be located, the remainder were said to be stored

electronically;

Some boreholes had no assay results, possibly due to nil sampling over core

with poor recovery or the borehole drilling through a reef fault loss zone, hence

only 222 boreholes had analyses; Some of the holes were sampled more than once;

The analytical method employed for uranium in two 1950s era boreholes was

unspecified; and

Some of the cores in the core yard were either found to be incomplete and

others were found but with no logs or only logs were available (sic).

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Concurrent with this audit, Nzama and Arnold (2005) also completed a re-sampling audit

in September 2004 of the archived half cores remaining to verify the AAC 2004 Au and U3O8 analytical results in the database. The half cores were quartered and thus

represent only half the mass of the original samples and are expected to have high variabilities with respect to the half core results. A total of 425 samples were taken from

24 boreholes; 260 from the UDOM, 17 from the MDOM and 148 from the LDOM.

Analysis of the samples was completed at Set Point; gold by conventional fire assay with an Atomic Absorption Spectroscopy finish and uranium by X-ray fluorescence

spectrometry on a pressed powder pellet. The samples were dispatched with inserted certified reference material (CRM).

The Set Point versus the AAC 2004 uranium data and SGS versus AAC 2004 uranium

data as presented by Harley (2006a) are contained in Figure 22 and Figure 23

respectively.

From Figure 22, it can be noted that, at low U3O8 values (<350g/t), the AAC 2004 results would appear to be optimistic with respect to Set Point, as the mean deviation is

-42.38% for this grouping, whereas above this level there is no major bias one way or the other (i.e. it has a mean deviation of -0.3%). From Figure 23, a similar picture

emerges with the mean deviation for the material up to 350g/t U3O8 being -13.3% and the material above 350g/t having a mean deviation of -8.6%. However, as both of

these results reflect a combination of analytical and sampling error as well as containing

an exacerbated nugget effect due to the small sample size, the exercise can be considered to have confirmed the AAC 2004 drilling programme for the U3O8 analysis.

Figure 22: AAC 2004 and Set Point uranium mean deviation results for the re-sampling exercise

(Harley, 2006a)

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Figure 23: AAC 2004 and SGS uranium mean deviation results for the re-sampling exercise

(Harley, 2006a)

A comparison of the Au results from the core re-sampling was also made by having the

material analysed for Au at SGS Laboratory (“SGS”). The results of this exercise are contained in Figure 24.

From Figure 24, it can be noted that the mean deviation results are far higher than the

U3O8 data in Figure 22 and Figure 23. This is due to the far lower abundance of Au

compared to U3O8 approaching the detection limits of the laboratories.

Figure 24: AAC 2004 and SGS gold mean deviation results for the re-sampling exercise (Harley, 2006a)

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The overall mean deviation is +11.59%, indicating the AAC 2004 drilling is optimistic

compared to the SGS data. However, due to these samples also containing a combination of analytical and sampling error as well as an exacerbated nugget effect

due to the small sample size, the exercise can be considered to some extent to have confirmed the AAC 2004 drilling programme for the gold analysis.

11.1.5 Initial Uranium One analytical QAQC

The early Uranium One analytical quality assurance and control results are reported by Harley (2006a and 2006b) for U3O8 and Au that was analysed at Set Point for CRMs.

The results of these analyses are depicted in Figure 25 and Figure 26 in terms of error

deviations.

Figure 25: Set Point U3O8 CRM results (Harley, 2006a and 2006b)

Figure 26: Set Point Au CRM results (Harley, 2006a and 2006b)

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From Figure 25, it can be noted that the low grade UREM 9 U3O8 results by Set Point

would tend to provide pessimistic results, whereas, the higher grade UREM 5 and UREM 10 returned results would appear to be optimist. However, as all are mostly

within a ±10% mean deviation, they are deemed acceptable.

From Figure 26, it can be noted that the initial Au results by Set Point would tend overall

to be conservative with lower than the anticipated SARM grades.

11.1.6 Main Uranium One analytical QAQC

Additional Uranium One analytical quality assurance and control data is provided by

Wanless (2008) and is described and processed further in this section. It should be noted that the Set Point, Performance Laboratory and SGS laboratories were employed

for the Au analyses whereas the Set Point, Anglo American Research (AARL) and Lab O

Link (Labolink) Laboratories were employed for the U3O8 analyses.

11.1.6.1 Blanks

The results of the analysis of blank material for U3O8 and Au are contained in Figure 27

and Figure 28, respectively. These results may provide an indication of the level of

sample contamination at the respective laboratory’s sample preparation facility.

According to Wanless (2008), the blank material employed was barren river sand. However, due to the low levels of U3O8 (2-4g/t) that can be expected in most rock types,

the river sand is unlikely to have been be totally barren of U3O8. In addition, the source rock, from which the river sand is derived, are not discussed by Wanless (2008).

Figure 27: Blank analytical results for U308 (blind blanks on the left and cleaning blanks on

the right)

From Figure 27, it can be noted that most of the blank material returned results that are

acceptable, i.e. close to zero, with a few anomalous results. The overall statistics are provided in Table 11. Wanless (2008) describes that two types of blank results were

considered; those from river sand inserted as blind blanks and those from river sand

employed in the cleaning of the sample preparation equipment between core samples.

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Table 11: Blank Material returned grades for U3O8

Blind Blanks AARL (U3O8 g/t) Labolink (U3O8 g/t) Set Point (U3O8 g/t)

Average 2 1.0 4.8

Maximum 2 5.2 16.0

Minimum 2 0.1 4.0

Cleaning Blanks

Average 14.5 1.1 7.6

Maximum 300 3.0 110

Minimum 0.1 0.1 1.0

From the data contained in Table 11 and Figure 27, it can be noted that the cleaning blanks contain a higher preponderance of what could be interpreted as cross

contamination. Without a full explanation of how the cleaning blank was derived (i.e. was it after normal compressed air cleaning or a real purging sample to clean the

equipment), little can be said of these analyses. However, from the blind blank data

results, it can be noted that little cross contamination on a significant U3O8 abundance level occurred.

The results from the Au blank analyses are presented in Figure 28 and Table 12.

Figure 28: Blank analytical results for Au (blind blanks on the left and cleaning blanks on the right)

Table 12: Blank material returned grades for Au

Blind Blanks Performance Laboratory

(Au g/t) Set Point (Au g/t) SGS (Au g/t)

Average 0.050 0.009 0.023

Maximum 0.650 0.264 0.280

Minimum 0.001 0.001 0.010

Cleaning Blanks

Average 0.057 0.024 0.036

Maximum 0.480 0.780 0.742

Minimum 0.001 0.001 0.010

From the data contained in Table 12 and Figure 28, it can be noted that the cleaning

blanks contain a higher preponderance of what could be interpreted as cross contamination. The comments made for the U3O8 analyses regarding the provenance of

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the blank material apply equally well for the Au analyses. However, from the blind blank

data results, it can be noted that marginal contamination on a significant Au abundance level occurred with Set Point probably having the least cross contamination.

11.1.6.2 Duplicates

Duplicate core samples were prepared by Uranium One from the D3/D4 Shaft

exploration area and submitted to AARL for analyses of U3O8. The results of this comparison are contained in Figure 29.

Figure 29: Duplicate sample analyses of U3O8 for the D3/D4 Shaft area by AARL (Wanless, 2008)

It can be noted that there is what appear to be two populations - one of high mean

deviation at the sub 500g/t levels and the other at very low mean deviation at all levels

of U3O8 abundance. Due to the duplicate results being of re-sampled material, higher than normal mean deviations from pulp material can be expected at low levels of U3O8

abundance. The very low “mean deviation” population suggests some pulp material was possibly analysed in this exercise.

Another U3O8 duplicate exercise was carried out by Uranium One based on pulp material

from the Vertical Shaft exploration area, which was re-analysed at the “parent”

laboratory, i.e. AARL, Labolink and SGS. These results are contained in Figure 30.

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Figure 30: Duplicate pulp analyses of U3O8 for the Vertical Shaft area by AARL, SGS and Labolink

(Wanless, 2008)

From Figure 30, it can be noted that the overall analytical precision of the laboratories

was good.

Duplicate core samples were prepared by Uranium One from the D3/D4 Shaft exploration area and submitted to the Performance Laboratory for Au analyses. The

results of this exercise are analysed in terms of mean deviation and are contained in

Figure 31.

Figure 31: Duplicate sample analyses of Au for the D3/D4 Shaft area by Performance Laboratory

(Wanless, 2008)

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It can be noted from Figure 31 that the mean deviation varies from +100% to -100%,

which is somewhat similar to the U3O8 duplicate sampling portrayed in Figure 29. Higher than normal mean deviations from duplicate pulp material can be expected at these very

low levels of Au abundance, as discussed for the uranium duplicate analyses in Section 11.1.4.1.

Another duplicate exercise was carried out by Uranium One based on pulp material from

the Vertical Shaft exploration area that was re-analysed at the “parent” laboratories, i.e.

Set Point, Performance Laboratory and SGS. These were assessed using the mean deviation method and the results are presented in Figure 32.

Figure 32: Duplicate pulp analyses of Au for the Vertical Shaft area by Set Point, Performance

Laboratory and SGS (Wanless, 2008)

From Figure 32, it can be noted that the normal “trumpet” shaped distribution is evident

with low gold means (<2.0g/t) having higher mean deviations up to circa 90%. It is only above 2.0g/t that the mean deviations fall within the 10% to 20% range.

11.1.6.3 Standards

The CRMs employed in the various drilling campaigns are contained in Table 13. Table 13: Certified grades of the CRMs employed

Uranium Certified Grade

(g/t) Upper Grade Limit

(g/t) Lower Grade Limit

(g/t)

UREM 2 505 513 502

UREM 5 775 792 756

UREM 9 258 261 256

UREM 10 1 241 1 252 1 222

Gold Certified Grade

(g/t) Upper Grade Limit

(g/t) Lower Grade Limit

(g/t)

SARM 53 3.99 4.03 3.95

SARM 54 0.21 0.23 0.20

SARM 56 2.69 2.75 2.63

In the drilling programme at the D3/D4 Shaft area, only the AARL laboratory was

employed and the CRM data available relates to this programme. The results of the analyses are depicted in Figure 33.

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Figure 33: UREM 2 analytical results for the D3/D4 Shaft area by AARL (Wanless, 2008)

From Figure 33, it can be noted that generally AARL slightly under-report U3O8 abundances of the CRM. The graph also depicts two outliers, which could be due to

mislabelling. Overall, the results are acceptable.

For the Vertical Shaft exploration area data, the samples were analysed at Set Point, AARL and Labolink for the U3O8 abundances. The results of the analyses are depicted in

Figure 34.

Figure 34: UREM 2 analytical results for the Vertical Shaft area by AARL, Labolink and Set Point

(Wanless, 2008)

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Sample No

ARL Labolink Set Point

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From Figure 34, it can be noted that, although AARL and Labolink returned slightly

conservative results and Setpoint slightly optimistic results for the UREM 2 CRM, all the laboratories returned U3O8 abundances with acceptable accuracy.

Other Au analyses for the D3/D4 Shaft area were conducted on the pulp rejects from

AARL after the U3O8 analyses had been completed at the Performance Laboratory. Two

CRMs were inserted in the pulp stream; SARM 53 and SARM 56. The results returned for these two CRMs by Performance Laboratory have been analysed in terms of error

deviation (Figure 35).

Figure 35: SARM 53 and SARM 56 analytical results for the D3/D4 Shaft area by Performance

Laboratory (Wanless, 2008)

From Figure 35, it can be noted that Performance Laboratory returned conservative grades for both CRMs, the average error deviations being -3.53% and -6.25% for

SARM 53 and SARM 56, respectively. The highest positive error deviation was 8.18%

(SARM 56) and the lowest negative error deviation was -23.42% (SARM 56).

The Au analyses for the Vertical Shaft exploration area was performed on pulps prepared at the Uranium One mine laboratory and analysed at the Performance, Set

Point and SGS laboratories. The results of these analyses are contained in Figure 36 and

Figure 37.

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SARM 56 SARM 53

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Figure 36: SARM 56 analytical results for the Vertical Shaft area by Performance Laboratory, Set

Point and SGS laboratories (Wanless, 2008)

Figure 37: SARM 53 analytical results for the Vertical Shaft area by Performance Laboratory, Set

Point and SGS laboratories (Wanless, 2008)

From the findings depicted in Figure 36 and Figure 37, it would appear that Set Point analysed five samples and SGS analysed two samples that were probably mislabelled

due to high negative error deviations. Overall, the impression is that these laboratories returned marginally conservative Au results.

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11.1.7 Analytical QAQC conclusions

Based on the data presented in Sections 11.1.4, 11.1.5 and 11.1.6, the conclusions in the following commentary can be reached.

11.1.7.1 AAC 2004 analyses

The analytical QAQC for Set Point is limited to the six twined boreholes and indicates

that, for U3O8 accuracy, somewhat conservative abundances were reported for samples with grades <400g/t whereas, above this threshold, optimistic results were probably

reported. As the error deviation was generally within ±10%, the accuracy at Set Point from this small sample set is considered acceptable. The comparison of the pressed

pellet and borate fusion methods indicates the pressed pellet generally returns an optimistic abundance of U3O8.

The re-sampling exercise by Nzama and Arnold (2005) also indicates that Set Point pressed pellet results returned optimistic results compared to the Set Point fused discs

at low U3O8 abundances; but both with high mean deviations due to the nugget effect of the small sample volumes taken in this study. The SGS results for the re-sampling

returned generally conservative results with -13.3% overall mean deviation for material

<350g/t U3O8 and -8.6% for abundances above this threshold. It is not known if SGS employed the pressed pellet or fused disc analytical method.

SGS completed the Au analytical work on the Nzama and Arnold (2005) re-sampled core

and the results indicated high mean deviations of up to ±200% as would be expected with Au abundances at <1.0g/t and from small core samples. The overall mean

deviation is +11.59% indicating a possible overall optimistic result from Set Point.

The overall conclusion reached is that the AAC 2004 analytical results can be employed

for the estimation of Indicated and Inferred Mineral Resources as the direct analytical QAQC is limited and the re-sampling results would appear to indicate that Set Point may

have returned slightly optimistic results.

11.1.7.2 Uranium One analyses

The blank material analysed for U3O8 (although sub-optimal in choice) would appear to indicate that very little cross-contamination in the sample preparation occurred. The Au

results of the blank material indicated that marginal contamination on a significant Au

abundance occurred.

The duplicate core samples from the D3/D4 Shaft exploration area that were submitted to AARL for U3O8 and Performance Laboratory for Au both indicate high mean deviations

at low abundances but generally, no significant bias. Similarly, the pulps from the Vertical Shaft area that were submitted to AARL, SGS and Labolink for U3O8 and to Set

Point, Performance Laboratory and SGS for Au have high mean deviation at low

abundances but no significant bias.

The CRM results for U3O8 analyses at Set Point, AARL and Labolink all return acceptable error deviations albeit AARL and Labolink return conservative results. The CRM results

for Au analyses at Performance, Set Point and SGS all generally return acceptable error

deviation and all are probably returning conservative results.

The overall conclusion reached is that the Uranium One analytical results can be employed for the estimation of Indicated and Inferred Mineral Resources as the direct

analytical QAQC data is limited in volume. Further, the possible marginal Au cross-contamination would preclude the Au analyses from being employed for Measured

Mineral Resources.

T3.4A (iii)

T2.3B (i)

T2.3B (i)

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11.1.8 Laboratory and analytical methods

The information in this section is limited to the following summarised commentary obtained from Harley (2006a) for the AAC 2004 samples and Wanless (2008) for the

Uranium One samples.

11.1.8.1 AAC 2004 samples

The method of sample preparation is unknown. Set Point was used for the Au and U3O8

analyses of the samples taken in this campaign. Au analyses were completed by fire

assay with an ICP-OES finish whereas the U3O8 was analysed by X-ray fluorescence from a fused disc prepared from the ore body samples. The duplicate samples taken by

Nzama and Arnold (2005) were also analysed at Set Point but were analysed for Au by fire assay with an atomic absorption finish and for U3O8 by X-ray fluorescence from a

pressed pellet.

11.1.8.2 Uranium One samples

Samples were prepared at the mine laboratory managed by Super Laboratory Services (Pty) Limited (“SuperLabs”) firstly by crushing with a jaw crusher. Crushed samples

were pulverised by either a ring or LM2 swing mill. River sand was employed to flush the mills and every tenth sampled was checked for size distribution. Table 14 contains

the laboratories employed and the analytical methods utilised for these samples. Table 14: Laboratories used and methods employed for the Uranium One samples

Laboratory U3O8 Analyses Au Analyses

Labolink Acid digestion (HNO3 + HCl + HF) and ICP-MS finish N/A

SGS N/A Fire Assay + atomic absorption finish

Set Point X-ray fluorescence on pressed pellet Fire assay + ICP-OES finish

Performance Laboratory N/A Fire assay + gravimetric finish

AARL X-ray fluorescence on pressed pellet or fusion disc N/A

The methods of sub-sampling and the effective pulverised grain size for the laboratories employed in Table 14 are not known. However, it is generally the norm for industrial

laboratories to spin riffle the pulverised material that is usually 75% below 75µm.

The accreditation status of the laboratories that were used at those times is provided in

Table 15. Labolink was not accredited for uranium analyses at the time of the exploration campaigns. However, it has been accredited for the last two years. AARL

was not accredited at the time of the exploration campaigns for the method of uranium analyses completed. Table 15: Laboratory accreditation

Laboratory U3O8 Analysis Au Analysis

SANAS No Period SANAS No Period

Labolink Nil Not Applicable

SGS Not Applicable T0169 2002 to 2012

Set Point T0223 2003 to 2008 T0223 2003 to 2008

Performance Laboratory Not Applicable T0265 2005 to 2015

AARL Nil Not Applicable

11.1.9 Surveying techniques

Two different types of surveys were carried out on the Project, namely spatial surveys and mine location surveying.

11.1.9.1 Borehole down hole surveys

Most of the borehole paths (mother-hole intersection) of boreholes drilled deeper than

100m were surveyed. In cases of long (>100m) deflections, the deflections were also surveyed. If no survey data was available for a surface borehole, a -90° orientation,

assuming verticality, was applied.

T3.3A (ii)

T3.4A (i)

T2.2A (i)

T3.3A (ii)

T3.3A (iv)

T3.3A (i)

T3.4A (ii)

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11.1.9.2 Borehole collar and down hole survey techniques

The equipment used by Uranium One and currently by Shiva to carry out location surveys is summarised in Table 16. Table 16: Instruments and Survey Systems Employed

Instruments used by Uranium One

Levelling Surface and Underground Topcon Electronic Level

Underground Surveys and limited Surface Surveys Topcon Total Stations GOT 3005

General Surface Survey work Trimble GPS TSC2

Instruments used by Shiva

Levelling Surface and Underground Topcon Electronic Level

Underground Surveys and limited Surface Surveys Topcon Total Stations GPT 3005

General Surface Survey work Trimble GPS R4

11.1.9.3 Accuracy of the spatial data

The Mineral Corporation carried out verification of the location of three randomly selected boreholes and found them to be generally located as recorded in the database.

11.1.9.4 Survey systems

The LO 27 WGS84 survey system is employed by Shiva.

11.1.9.5 Geophysics and remote sensing techniques

A three dimensional (3D) seismic survey was conducted in the Rietkuil area for areas where the Dominion Reefs occur circa 500m and deeper below surface by CGG Services

SA. The survey was conducted from August to October 2007 over a total acquisition

area of 17.35km2. The final report describing the acquisition and processing of the 3D survey is not available (Deiss, 2009).

In addition, Fugro was awarded a contract on 4 May 2007 to undertake the acquisition

and processing of 6 298 line kilometres of helicopter borne horizontal gradient and radiometric survey west of Klerksdorp (Fugro, 2007).

The AAC also acquired some airborne magnetic and radiometric geophysical data in the late 1980s at a flight line spacing of 100m. The magnetic data were processed as total

field, 1st derivative, total horizontal gradient and analytical signal grids. These datasets were further colour enhanced to optimise for a stratigraphic and structural mapping

interpretations. The radiometric datasets comprised potassium, uranium, thorium and

total count grids were also colour enhanced and processed.

11.1.10 Exploration techniques

11.1.10.1 Surface drilling

Surface drilling and core data collection procedures were relatively consistent over time

as well as between operators since exploration started in the Dominion and Rietkuil

areas. Commonly, the drilling procedure consisted of a mother hole with one or several reef deflections on reef horizons.

Typically, surface diamond drilling was conducted using diesel-driven drill rigs, which

usually drilled NQ or BQ diameter core short boreholes ranging from depths of less than 100m to, rarely, in excess of 1 300m.

Drill core was geologically logged and then sampling was carried out according to a

rigorous procedure as described in Section 11.1.12. The historical and recent procedures

are essentially identical to those currently practiced on most Witwatersrand gold operations.

T3.1A (i)

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Historically, the drill core data was recorded in hard copy but recent drill data has been

recorded and stored digitally.

The information captured included but was not limited to: Unique name of borehole, collar coordinates, orientation of boreholes (azimuth and inclination), downhole surveys,

“From” and “To” depths for each stratigraphic unit, “From” and “To‟ depths for each

lithological unit, “From and To” depths for each sample with corresponding assay results

and core bedding angles.

11.1.11 Density measurements

No data relating to the collection and processing of samples for density determination

would appear to be available.

11.1.11.1 Density values applied

There was no density data in the borehole database. However, according to Deiss (2009), the density of the Upper Reef is 2.75t/m3, the density of the Lower Reef is

2.72t/m3 and the density of waste is 2.70t/m3. Deiss (2009) states that “density values were obtained from various density databases collected during recent exploration

activities from selected boreholes and selected reef and waste lithology. Several hundred

samples were measured using the Archimedes method”.

The densities applied in the reports by Harley (2006a and 2006b) and Wanless (2008) were a universal 2.7t/m3.

The Mineral Corporation has applied the Deiss (2009) densities as they are based on actual measurements. The measurements have not, however, been available to The

Mineral Corporation for review.

The Mineral Corporation is of the view that the Deiss (2009) densities are appropriate for the reporting of Indicated Mineral Resources.

11.1.12 Sampling methods and recovery

Drill core was typically geologically logged and sampled according to a rigorous

procedure. The Mineral Corporation was not able to witness any drilling or sampling at the uranium section as there is no current activity. Hence, the sampling protocols

described are according to discussions with the Shiva geologists and the technical report

by Deiss (2009).

After the borehole was drilled and the core was geologically logged and transported to the core yard, the core depths were marked on the core. The core was orientated so

that the lowest point of bedding was coincident along the length of the core. A cut line

was drawn on the core defined by the low point of the bedding at the base of the reef zone, when viewed as per convention from left to right in the direction of increasing

depth, parallel to the core. The core was then rotated through 90° and a line was drawn parallel to the core to define the retention half core.

Sample lengths were defined taking into consideration the following factors:

Minimum sample lengths relating to the core diameter;

Core bedding angles;

Existing core breaks;

Core fractures; and

Significant mineralisation.

T2.4A (ii)

T2.4B (i)

T3.1A (i)

T3.3A (iii)

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The core was sawn (earlier core was mechanically broken) in half on the cut line, with

one half being submitted to the laboratory as sequential 15cm to 30cm samples in sealed plastic bags with a sample identification attached, and the second half (retention

half) being retained until the borehole was correlated and ‘signed-off’ before being stored in the core yard.

Historically the drill core data was recorded in hard copy format. Recently, the data has been recorded and stored digitally.

The information captured included but was not limited to:

Unique name of borehole;

Collar coordinates;

Orientation of boreholes (azimuth and inclination);

Downhole surveys;

“From and To” depths for each stratigraphic unit;

“From and To” depths for each lithological unit;

“From and To” depths for each sample with corresponding assay results; and

Core bedding angles.

Much of the historical data (except the original sampling and related assay data) has

subsequently been digitised and stored in electronic format.

A comparison of the sample lengths measured from the remaining core with the electronic database was made on the site visit by the CP. The results are contained in

Figure 38.

Figure 38: Mean deviation plot of Young’s measured samples v logged sample lengths

From Figure 38, it can be noted that all but two of the sample lengths are within

acceptable limits (10% mean deviation), considering that the core had been cut and handled many times. It was noted that nearly all the core fitted together, indicating

good core recoveries and that the samples were taken from the same side of the core.

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11.1.13 Database description and audits

Portions of the database used for estimation have been reviewed at different times by Nzama and Arnold (2005), Harley (2006a and 2006b), Wanless (2008), Deiss (2009) and

latterly by The Mineral Corporation.

The database was generally reviewed by way of:

Review of the input data for data entry errors;

Assessment of the results of the analytical QAQC results;

Review of the sampling and logging methodologies; and

Scrutiny of the data itself.

The Mineral Corporation considers the final database that was selected to be suitable for use in the estimation of the U3O8 and Au Mineral Resources for Shiva.

11.1.14 Geological model, correlation and mineability

The geological model on which the current estimates is based is an assimilation of the interpretations of various geologists who have worked on the project including The

Mineral Corporation. The Mineral Corporation took into account the work done by AAC

using its historical structural maps, the works by Harley (2006a and 2006b) and Wanless (2008) using their reports and diagrams, the work by Deiss (2009) using his structural

wireframes, diagrams and report, the work by Lotriet (2009) using his report, diagrams and data pack, and the recent geological interpretations by the Shiva geologists

(B. Marais and D. Masiu), using their plans and sections as imparted through

discussions, presentations and site visits.

11.1.14.1 Structural interpretation

The structural model (Figure 40) has been differentiated into different stratigraphic

horizons and constructed primarily on the base of the UDOM contacts. The Upper

Dominion intersections were plotted on a 1:20 000 A1 plan showing the elevation of the Upper Dominion. The location of major structures from seismic plans, structural plans of

previous interpretations and mine plans were identified and geo-referenced.

Using the three point problem technique the reef elevation contours were constructed. Where the contours changed orientation and the geophysics or previous interpretation

maps showed faulting, the structure was honoured. The mapped outcrop location was

also compared with the final interpretation. The resultant structural interpretation was discussed with Shiva geologists and it compared well with the Shiva structural

interpretation. The interpreted structure was not expanded to incorporated fault loss zones of minor faults or damage zones adjacent to intrusives. These represent implicit

geological losses and are catered for separately as discussed in Section 11.2.6.2. Where

the intersections are far apart or in fault blocks where no reef intersections occur, the local strike and dip has been applied.

The mapped structure from the underground plans has been incorporated into the

model, which provides an essential and invaluable source of the finer detail of the structural signature of the reefs. This was completed for the near surface areas to

depths of circa 400m. The lesser level of structural interpretation detail in areas below

400m depth may be attributed to the necessary use of only geophysical and borehole data in these areas.

From surface to depths of circa 400m, the data density in conjunction with the

underground mapping provides confidence in the continuity of the mineralisation. At

depths below 400m, the data density is sufficient to assume continuity of mineralisation.

T3.2A (vi)

T4.1A (ii)

T4.1B (i)

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The Dominion Group is preserved in two major structural blocks, the Rietkuil Section to

the east and the Dominion Section to the west. The Dominion Section dips between 20° to 40° to the southwest with the south striking and west dipping Hartebeesfontein thrust

fault separating the two mining sections (Figure 40). The Rietkuil Section is structurally complex with a north-trending syncline plunging to the south with dips between 20° to

40° for the fold limbs.

The major fault orientations are north-northwest and a younger northeast oriented set.

A third fault set includes flat bedding parallel faults, which are most prominent along the sediment-granite and sediment-lava contacts. Most faults are normal with

displacements that can be up to 350m. Figure 39 shows long section AB as referenced on the structural plan depicted on Figure 40.

Figure 39: Southwest (left) to northeast (right) long section of the Project area highlighting the

UDOM Reef

T2.2A (ii)

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Figure 40: Structural block in the Project area with section line indicated

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11.1.14.2 Reef duplication

The following boreholes have duplication of reef due to thrusting:

DDR239 DRT121 DRT136D1 DRT119D2 DDR297 DRT123 DRT136D2 DRT170D1

DRT020 DRT136 DRT170 TRX002

The recurrence of the reef package was verified in the borehole core viewed during the

site visit detailed in Section 11.1.1.3. The areas affected by this thrusting are shown in Figure 40.

11.1.14.3 Reef Coding

The coding of each reef intersection by Shiva was reviewed and errors such as the

Basement granite coded as LDOM were amended. Inter-hole (deflection) comparisons were also undertaken to validate the reefs local laterally continuity.

The LDOM is identified as a 0.1m to 2.0m thick matrix-supported quartz-pebble

conglomerate unit developed on weathered Basement granites. It is preserved within

palaeo-depressions in the granitoid surface and contains small pebbles averaging about 7mm in diameter. The UDOM is a laterally persistent matrix supported quartz pebble

conglomerate ranging in thickness from a single parting plane to about 2.5m. It is similar in appearance to the LDOM, but the matrix of the upper reef tends to be darker

grey and has smaller pebble sizes as can be noted in Figure 41.

Figure 41: The UDOM and LDOM intersections in Borehole DDR019D1 (UDOM between red

brackets, LDOM between blue brackets)

T4.1B (i)

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Previous mining operations principally targeted the LDOM for Au and the UDOM for

uranium (Deiss, 2009). The MDOM, located between the LDOM and UDOM, consists of a poor-to-moderately well-mineralised pebbly quartzite unit with laterally discontinuous

lensoidal conglomerate units. The Mineral Resource estimate is restricted to the UDOM and LDOM.

The interpretations of Basement palaeotopographic highs that affect the preservation of the LDOM and MDOM are based upon the borehole data. This can be improved,

especially in the down-dip areas where the data points are widely spread. The estimated locations of the palaeotopographic highs have an effect on the presumed

lateral continuity of the reefs. Thus, the borehole spacing plays a part in the overall classification of the Mineral Resources.

For each borehole, the stratigraphic units are identified and the Dominion Reefs (Upper and Lower) are described and sampled in detail. The detailed descriptions include the

type of lithology, conglomerate matrix, pebbles and the quartzite. For the pebbles, details regarding the colour, roundness sizes, packing, sorting, types and assemblages

are recorded for each intersection. For the pebble matrix, the colour, mineralogy,

bedding, alteration, and grain sizes are recorded. For the quartzite and Basement granite, the colour, grain size and contact types are recorded. Other geological features

such as faults, dykes, core bedding angles and mylonites are captured when observed. For each borehole, these features are recorded using standardised coding, and a

comments section allows for the full description of special features or notes by the geologist logging the core. These were checked during the site visit and confirmed the

data reviewed.

The Mineral Corporation is of the opinion that the lithological and mineralogical

characteristics are recorded in satisfactory detail as some were checked during the site visit; the data recorded was confirmed. However, emphasis should be put into

identifying the different alteration types in the reefs. The geotechnical and

geometallurgical characteristics were also recorded.

11.1.14.4 Interpretations of the mineralisation model

The mineralisation continuity model on which the current estimates are based is an

accumulation of the interpretation by the various geologists who have worked on the

project including Harley (2006a and 2006b), Wanless (2008), Deiss (2009) and currently, Young (2014) of The Mineral Corporation. The accepted interpretation for the

areas that have no reef preservation but only a Rhenosterhoek Lava intersection at the estimated reef elevation location is a fault loss. Hence, faults were extended through

the intersections to upgrade the tectonic model.

11.1.14.5 Mineability - underground

The hangingwall unit of the UDOM is generally an un-mineralised grey grit that passes downwards into matrix supported upward fining small pebble conglomerate cycles inter-

bedded with grits. Pyrite mineralisation with some secondary uranium mineralisation of a bright yellow colour (noted underground) is restricted to the small pebble

conglomerates. The footwall rocks to the UDOM are a green quartzite. Thus, visual

identification of the reef is possible. In the cases where the reef is wider than the mining maximum (1.60m to 1.80m), the mining width may have to be based on an

assay cut-off from the top contact working downwards based on local face sampling.

As noted in Section 11.1.3, the width of the UDOM ranges from a few mm to 2.5m. Although the average dip of the ore body is 25˚, local dips in excess of 40˚ are noted

from the core bedding angles and, as such, the eventual mining design needs to be

adaptable to mine areas with dips of this magnitude.

T4.1B (ii)

T5.4A (i)

T5.4B (ii)

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The footwall of the Lower Reef is the Basement granite, which is weathered at Rietkuil

and incompetent where associated with structural discontinuities in areas shallower than 45mbs. However, at 60mbs, the granite is competent even in the presence of large

structural discontinuities. The granite in the Dominion Section is weathered to depths of approximately 25mbs and, when deeper than 25mbs, also becomes competent.

The hangingwall rocks of the LDOM are light coloured pebbly quartzites, which have sporadically occurring conglomerates of the MDOM. In the cases where the LDOM is

wider than the mining maximum (1.60m to 1.80m), the mining width may have to be based on an assay cut-off from the bottom contact working upwards based on local face

sampling.

11.2 Mineral Resource Estimation

The estimation and modelling parameters as well as assumptions made during the estimation of the Mineral Resources are discussed in this section.

11.2.1 Evaluation database employed

The data employed for the estimation of the U3O8 and Au Mineral Resources for the

uranium section of Shiva is the borehole data of the surface drilling restricted to the AAC 2004 and Uranium One data.

11.2.2 Resource estimation area

The area over which the Mineral Resources were estimated is within the mineral title boundaries, covering an area of 820ha and honouring a maximum extrapolation distance

from a data point of 1 000m based on the data spacing and variogram ranges.

The estimation was carried out to depths not exceeding 1 400mbs for both Rietkuil and

Dominion sections. The maximum intersection depths (sampled) are shown in Table 17 below.

Table 17: Maximum sampled intersection depths for the Rietkuil and Dominion Sections

Area Reef Depth (mbs)

Depth (mamsl) Borehole ID U3O8

(ppm) Au

(g/t)

Dominion LDOM 990 440 DDR093 159 0.02

Dominion UDOM 1 063 368 DDR263D3 2 719 2.41

Rietkuil LDOM 1 230 194 DRT226 271 0.44

Rietkuil UDOM 1 190 260 DRT224D4 410 0.41

The Rietkuil Section was drilled to slightly greater depths than the Dominion Section at

circa 1.2km depth. Estimation has been carried out to circa 1.4km depth after applying the 1 000m lateral extrapolation from the last data point.

11.2.3 Data analysis

The following table summarises the statistical characteristics of the data employed for

evaluation.

T4.2B (i)

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Table 18: Basic statistics

Reef Domain Evaluation Variables

Number of Samples

Min Max Mean Covariance Skewness Log estimate

of mean

UDOM 1 MGTAU 172 0.01 4.67 0.90 0.73 1.84 1.01

UDOM 2 MGTAU 208 0.02 2.66 0.69 0.30 1.46 0.75

UDOM 3 MGTAU 16 0.09 1.50 0.63 0.16 0.97 0.64

UDOM 4 MGTAU 103 0.00 9.85 1.03 1.55 4.08 1.24

UDOM 5 MGTU 282 24.58 1 890 505.22 102 901 1.56 525.36

UDOM 5 THICK 288 1.00 1.60 1.38 0.05 (0.50) 1.38

UDOM 6 MGTU 166 35.92 10 000 803.77 797 206 6.83 806.67

UDOM 6 THICK 169 1.00 1.60 1.35 0.05 (0.22) 1.35

LDOM 1 MGTAU 128 0.00 5.00 0.80 0.94 1.61 1.17

LDOM 2 MGTAU 99 0.01 4.01 0.50 0.50 3.11 0.59

LDOM 3 MGTAU 67 0.01 4.36 0.54 0.66 2.66 0.72

LDOM 4 MGTAU 88 0.00 4.41 0.35 0.38 3.90 0.49

LDOM 5 MGTU 231 5.39 2 863 328.40 174 825 2.91 343.24

LDOM 5 THICK 240 1.00 1.60 1.17 0.05 1.02 1.16

LDOM 6 MGTU 128 5.89 2 710 340.80 212 340 2.70 372.73

LDOM 6 THICK 131 1.00 1.60 1.12 0.04 1.51 1.11

11.2.3.1 Histograms and probability plots

Histograms and probability plots are employed to provide a graphical illustration of the

distribution of values for the population in each of the domains for the UDOM and LDOM.

Figure 42 and Figure 43 illustrate the Au (mg/t), U3O8 (mg/t) and thickness (cm)

histograms and probability plots, which portray the population distribution characteristics

of the UDOM and LDOM on the Project.

11.2.3.2 Coefficient of variation

The coefficient of variation (“CoV”) is the ratio between the standard deviation and the

mean of a data set and is a relative measure of dispersion of the dataset. Typically, a CoV <1 indicates low variance within the dataset. A low variance dataset demonstrates

that the population distribution reflects a relatively stable dataset for estimation.

The CoV values confirm the stable nature of the domains defined except for the LDOM

gold accumulation that demonstrates high variance as a consequence of the highly variable gold grade. The CoV values for the UDOM and LDOM is summarised in Table

19.

Table 19: Coefficient of variation

Evaluation Variables Domain UDOM LDOM

MGTAU 1 0.86 0.93

MGTAU 2 0.75 0.77

MGTAU 3 0.74 1.23

MGTAU 4 0.91 1.12

MGTU Dominion 0.65 0.98

MGTU Rietkuil 0.67 0.94

THICK Dominion 0.19 0.21

THICK Rietkuil 0.19 0.19

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Figure 42: UDOM histograms

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Figure 43: LDOM histograms

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Figure 44: UDOM probability plots

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Figure 45: LDOM probability plots

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11.2.4 Data manipulation

The following adjustments were made to the data during the estimation process.

11.2.4.1 Data compositing, minimum and maximum reef width determination

Full length composites were employed. Where the reef width was less than 1m, it was

diluted to 1m during the reef coding process in order to incorporate the actual sampled

grades using a “bottom-up” approach for the LDOM and a “top down” approach for the UDOM. A maximum 1.6m was employed as this was deemed the widest channel upon

which a stope width could be based on the assumption that conventional mining would be employed.

11.2.4.2 Dip correction

Dip zones were delineated on the basis of the structural model and interpreted dips

were used to calculate the true thicknesses. These corrections are imperative for the metal content database in terms of accumulations (mg/t) which are the basis for

estimation.

11.2.4.3 Metal content outliers

Top capping was applied to the raw data to remove outliers. Three methods were used to determine the top cuts, namely visual inspection of the histograms, log probability

plots and metal contents versus coefficient of variation plots.

11.2.4.4 Metal content top-capping

Top capping was applied to the metal contents during variogram modelling in order to

remove the bias caused by high values. The top cap values so applied are contained in

Table 20. Table 20: The top caps applied to data used for variogram modelling

Reef Domain Field Top cap n

UDOM 1 MGTAU 6.0 0

UDOM 2 MGTAU 3.0 0

UDOM 3 MGTAU 2.0 0

UDOM 4 MGTAU 6.0 1

UDOM 5 MGTU 1 700.0 4

UDOM 5 THICK 1.6 0

UDOM 6 MGTU 2 300.0 5

UDOM 6 THICK 1.6 0

LDOM 1 MGTAU 4.5 0

LDOM 2 MGTAU 2.5 3

LDOM 3 MGTAU 4.0 1

LDOM 4 MGTAU 4.2 1

LDOM 5 MGTU 1 500.0 8

LDOM 5 THICK 1.6 0

LDOM 6 MGTU 1 700.0 4

LDOM 6 THICK 1.6 0

Top caps were applied to the evaluation database to remove outliers but still respect the

long tail of the data distribution. The top caps applied to the kriging data are contained

in Table 21.

T2.3A (iii)

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Table 21: The top caps applied to the data used for kriging

Reef Domain Field Top cap n

UDOM 1 MGTAU 35.0 0

UDOM 2 MGTAU 10.0 0

UDOM 3 MGTAU 10.0 0

UDOM 4 MGTAU 10.0 0

UDOM 5 MGTU 3 000.0 0

UDOM 5 THICK 1.6 0

UDOM 6 MGTU 10 000.0 1

UDOM 6 THICK 1.6 0

LDOM 1 MGTAU 5.0 1

LDOM 2 MGTAU 5.0 0

LDOM 3 MGTAU 5.0 0

LDOM 4 MGTAU 5.0 0

LDOM 5 MGTU 3 000.0 0

LDOM 5 THICK 1.6 0

LDOM 6 MGTU 3 000.0 0

LDOM 6 THICK 1.6 0

11.2.4.5 Declustered grid size determination

Areas of higher metal abundance and those towards the outcrop were densely drilled,

resulting in a clustering effect of the data. In boreholes, the mother and deflections provided a close clustering effect resulting, in some instances, in five intersections

values within a few centimetres of each other. The mother/deflection relationship was

employed to determine the short range variability and obtain an estimate of the nugget effect. The nugget effect was then was then amended as per Rendu (1978) and used in

the variography of the declustered intersection data.

The declustered intersection data was further analysed to obtain the declustered means of the variables to be estimated for both ore bodies for the two mines at various block

sizes. The results of this study are contained in Figure 46 to Figure 48 and were used in

the determination of an optimum block size for modelling.

Figure 46: Declustered MGTAU means against block size

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Figure 47: Declustered MGTU means against block size

Figure 48: Declustered thickness means against block size

11.2.4.6 Block size determination

The block sizes were chosen on the basis of the average data density, and the declustered means for different block sizes (Figure 46 to Figure 48). Block sizes ranging

from 50m by 50m to 1 250m by 1 250m were used at increments of 50m from 50m by

50m up to 500m by 500m then increments of 250m up to 1 250m by 1250m. The optimal block size from this exercise was found to be between 350m by 350m and 750m

by 750m. The average data spacing, which was found by dividing the area drilled by the number of boreholes was found to be 300m and 400m for the Dominion and Rietkuil

Sections respectively, using only the data used for the estimation. The Mineral Corporation elected to use two block sizes, 250m by 250m for the closer spaced up dip

areas and 500m by 500m for the sparsely drilled down dip areas for both the Dominion

and Rietkuil Sections.

T4.2B (iii)

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11.2.4.7 Geotechnical, geo-hydrological and geo-metallurgical models

Mining on the Project has been carried out periodically and, despite the structural complexity, the experience has indicated no geotechnical, geo-hydrological and geo-

metallurgical issues that could have a material effect on the Mineral Resources.

11.2.4.8 Domaining

Domaining was undertaken based on the distribution of the variables estimated, the structure, thickness and the geology. Complex domains resulted and these were

simplified based on the premise generally accepted that overly complex domains with tortuous boundaries introduce conditional bias. Thus, large domains of similarly

constituted material resulted.

Figure 49 depicts the domains used for the estimation of the U3O8 metal accumulation of

the Dominion Reefs. The two domains are separated by the thrust zone between the two project sections.

Figure 50 illustrates the domains used for the estimation of the Au metal accumulation

of the Project. The four domains are also separated by the thrust zone between the two

project sections. The average Au mg/t borehole intersection values presented in Figure 50 illustrate that domains 1 and 3 have better Au accumulations than domains 2 and 4.

T4.1A (iv)

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Figure 49: The domains used for the estimation of the U3O8 metal accumulations of the Project

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Figure 50: The domains used for the estimation of the Au metal accumulations of the Project

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11.2.5 Mineral Resource estimation process

11.2.5.1 Modelling methodology and interpolation

Modelling was carried out using full length composites of the individual reef intersections in Datamine Studio (Version 3.22). The data and models are stored on the “Spatial Data”

server at The Mineral Corporation offices in Bryanston, and are backed up on a weekly

basis by a reputable backup service provider. Ordinary kriging (“OK”) in two dimensions was used for estimation although simple kriging and inverse distance squared (“ID2”)

estimation were also conducted as alternatives in order to compare the kriging results as part of the block model validation. Kriging was preferred as the accuracy and efficiency

of the kriged estimates can be tested, unlike other conventional estimation techniques such as nearest neighbour and ID2, which have limited verification opportunities. It was

also adopted because of the clustered nature of the data. Kriging is based on the

principle of modelling the spatial variances of an ore body and, within the process, the distance of the samples included in an estimate can be controlled to a greater degree

than the more conventional estimation techniques. Hence, it is The Mineral Corporation’s opinion that kriging will provide unbiased estimates for the Project, albeit on a smoothed

basis.

11.2.5.2 Spatial characterisation

Variograms are essential tools for investigating the spatial relationships of samples. The presence of anisotropy of the variables was investigated by checking spatial variability

on plans and by generating experimental variograms in 2D for directions of 0˚ to 165˚ in 15˚ increments, as well as the corresponding orthogonal directions. If anisotropy

exists, significant differences in the orthogonal experimental variogram pair ranges

should exist. The direction of the largest difference in range represents the principal axes of the anisotropy. The variogram with the larger range represents the major

principal axis and the variogram with the shorter range represents the minor principal axis.

11.2.5.3 Variography

The variograms shown in Figure 51 and Figure 52 were modelled for the Project.

The Mineral Corporation worked with individual deflection composites (the intersection

data) and the average of each cluster of a mother hole and its deflections (the cluster

data). The intersection data informed the nugget effect calculations only, while the cluster data informed the overall shape of the variograms and was used for estimation

purposes.

The nugget effect for each variable was estimated from the intersection data. This nugget effect is derived from a dataset, which has a higher variance than the cluster

data, and was adjusted to fit the cluster data by applying the relationship described by

Rendu (1978) whereby:

The average number of deflections is likely to be two to three. The interpreted

variograms depict that second order stationarity is likely and that kriging is therefore considered appropriate for all variables. The variography results are summarised in

Table 22.

T4.2B (iv)

T2.1B (i)

T4.2B (iv)

T2.1B (i)

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Figure 51: UDOM variograms

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Figure 52: LDOM variograms

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Table 22: Variogram parameters

Reef Domain Rotation Nugget

Structure 1 Structure 2 Structure 3

Long

axis

Short

axis Variance

Long

axis

Short

axis Variance

Long

axis

Short

axis Variance

UDOM U3O8 5 - 5 110 400 400 59 871 1 000 1 000 55 301 - - -

UDOM U3O8 6 - 32 270 500 500 112 880 2 000 2 000 194 112 - - -

UDOM Thickness 5 - 0.01 138 150 0.04 640 1 000 0.02 - - -

UDOM Thickness 6 30 0.01 150 174 0.01 1 000 865 0.02 2 500 1 500 0.02

LDOM U3O8 5 - 7 352 500 500 3 219 1 500 1 500 109 547 - - -

LDOM U3O8 6 - 17 203 500 500 11 173 1 200 1 200 128 694 - - -

LDOM Thickness 5 - 0.01 500 500 0.05 - - - - - -

LDOM Thickness 6 - 0.01 1 026 1 026 0.00 5,000 5 000 0.03 - - -

UDOM Au 1 - 0.31 500 500 0.46 - - - - - -

UDOM Au 2 - 0.14 500 500 0.20 - - - - - -

UDOM Au 3 - 0.09 210 210 0.11 750 750 0.08 - - -

UDOM Au 4 - 0.17 500 500 0.56 2 500 2 500 0.48 - - -

LDOM Au 1 - 0.20 500 500 0.35 1 000 1 000 0.35 - - -

LDOM Au 2 - 0.04 500 500 0.27 - - - - - -

LDOM Au 3 - 0.23 514 514 0.24 3 000 3 000 0.24 - - -

LDOM Au 4 - 0.10 2 700 2 700 0.40 - - - - - -

11.2.5.4 Search parameters

The following parameters were used in the kriging process:

Parent block size 500m x 500m and 250m x 250m;

Two dimensional point data estimation;

Sub cells employed;

Discretisation 12 x 12 for each block;

First search volume equal to the variogram range;

Minimum number of samples: 12 in search volume one;

Maximum number of samples: 40 in search volume one;

Second search volume: 2 times first search volume;

Minimum number of samples: 8;

Maximum number of samples: 40;

Third search volume: 10 times first search volume;

Minimum number of samples: 3;

Maximum number of samples: 40; and

Interpolation method: OK.

11.2.6 Geological losses

Geological losses were applied to the block model. They are due to dykes, faults and

zones where the reef is not preserved. Two types of geological losses were applied; implicit and explicit losses.

11.2.6.1 Explicit geological losses

The Mineral Resources for the Project were modelled to explicitly exclude known large faults, interpreted basement highs, areas where the reefs are not preserved and known

dykes based on the structural interpretation. These areas were excluded from the block

model (Figure 53).

11.2.6.2 Implicit geological losses

The implicit geological losses are due to small, unknown faults and structural features.

They are accounted for by applying a geological loss factor to the block model and were estimated by The Mineral Corporation based on interpretation of the pillars left in the

stoped out areas as measured from AAC stope plans. The Mineral Corporation applied

losses of 6% and 14% for the Dominion and Rietkuil Sections, respectively.

T4.1B (iv)

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T1.5A (ii)

Figure 53: Example of explicit geological losses

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11.2.7 Mineralisation and geological continuity

The drilling information comprising Mineral Resource evaluation boreholes and metallurgical boreholes provides the basis for interpreting the geological and

mineralisation continuity of the Project. The continuity has been established to a level of confidence reflected by the Mineral Resource categories assigned in Section 11.3.1.8.

11.2.7.1 Geological continuity

The main factors used to establish geological continuity were the borehole data spacing,

stratigraphic correlation, borehole data distribution, geophysical signatures and outcrop mapping. Figure 54 shows the contours of the interpreted mineralisation in metres below

surface.

The Dominion Reefs outcrop over a total length of about 16km on the Dominion Section.

The Rietkuil outcrop is disturbed by structure, with only about 6km of reef exposure.

The UDOM and LDOM occur consistently and are identified in the core as conglomerates that occur at the base of the Dominion package, with the LDOM sitting directly on the

Basement granites. The UDOM occurs about 10m into the hanging wall of the LDOM.

The uranium mineralisation exhibits consistent lateral continuity while the vertical

continuity has been disrupted by fault structures of varying orientation and displacements which, owing to borehole intersection elevations, geophysics data, data

from historical underground mapping and geological interpretation, has been established with good confidence. The confidence is reflected in the classification of the Mineral

Resources.

A minimum evaluation thickness cut-off of 1m was utilised which resulted in lowering of

grade but maintaining sample length continuity across the deposit.

The site visit by D.R. Young included an underground visit to the UDOM exposed in the

Rietkuil Decline, 4 Level, 12 West Raise. In this exposure, the UDOM could be followed over a distance in excess of 120m, except for short areas where it had been displaced

by faulting.

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Figure 54: Mineralisation depth below surface contours

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11.2.7.2 Mineralisation continuity

The main factors used to establish mineralisation continuity were the borehole data spacing, stratigraphic correlation, borehole data distribution and geostatistical

parameters.

The variograms reflect good U3O8 content continuity owing to the long ranges modelled

ranging from 1 000m to 2 000m. The Au variable has shorter ranges averaging 500m but still affords good continuity for the Au mineralisation.

11.2.7.3 Spatial Analysis - Maps of content and thickness plots

Figure 55 to Figure 60 depict the modelled metal content and thickness distribution for the UDOM and LDOM.

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Figure 55: UDOM U3O8 content

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Figure 56: UDOM Au content

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Figure 57: UDOM thickness

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Figure 58: LDOM U3O8 content

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Figure 59: LDOM Au content

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Figure 60: LDOM thickness

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11.3 Mineral Resource classification

The Mineral Resources for the uranium section of the Project have been reported in the Indicated and Inferred Mineral Resource categories. These Mineral Resources have been

categorised and reported in accordance with the definitions embodied in the SAMREC Code and reflect the CP’s view of the deposit.

11.3.1 Mineral Resource classification criteria

The factors relevant for the classification of the Project U3O8 and Au Mineral Resources

have been taken into account. These factors include relative confidence in tonnage/grade computations, density, quality, value and distribution of primary data and

information, confidence in continuity of the geological and mineralisation models. The criteria and methods used are based on the following parameters:

Geological confidence;

QAQC;

Kriging Efficiency (KE);

Sample estimation error;

Sample spacing or drilling density;

Search volume used to derive the estimate, and

Previous mining activity.

11.3.1.1 Geological confidence

The geological confidence can be considered the ability to correlate the differing reefs and the reefs preservation characteristics. As the ore bodies have distinctive lithologies

for identification and the areas of non-preservation could be discerned, the geological confidence in the Project is high.

11.3.1.1.1 Geophysics

AAC acquired airborne magnetic and radiometric geophysical data in the late 1980s.

From August to October 2007, a 3D seismic geophysical survey was conducted by CGG Services SA in the Rietkuil area for areas where the Dominion Reefs occur 500m and

deeper below surface. This data was used to identify, investigate and delineate existing

dykes and major structures. The geophysics data lends good confidence in the discontinuities and the extents of the mineralisation as well as the outcrop position,

which was further investigated by surface mapping.

11.3.1.1.2 Structural interpretation

The physical location of the reef units across the Project has been studied quite extensively over the years with 3D structural interpretation being forefront in this

endeavour. The data used to construct the structure included geophysical data, borehole data and surface mapping.

In areas that are interpreted to be structurally complex, taking into account; variations

in thickness, dip, and the continuity of the conglomerate units, the level of confidence is

less and the area is downgraded to a lower confidence category. It is appreciated that in stoped-out areas, more structures have been identified and thus further down-dip and

especially where boreholes are further apart, the confidence in the interpretation of structures is less.

11.3.1.1.3 Reef outcrop position

The reef outcrop mapping provides confidence in its geological continuity. The outcrop

for both the Dominion and Rietkuil Sections was mapped and provides a foundation for the structural interpretation of the seismic and drilling data.

T7B (i)

T7B (iv)

T4.1A (iii)

T7B (iii)

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11.3.1.1.4 Proximity to stoped-out areas

The geological information extracted by the geologists during core logging of the borehole data defines the mineralisation bearing conglomerates and the characteristics

of the reefs and identifies the stratigraphic layers, the faults and the Basement position. Because much of the drilling was towards the outcrop, dictated by the eventual easier

access for mining, there tends to be less confidence in the down dip extents of the

mineralisation.

11.3.1.1.5 Palaeo-topography

The development of the LDOM on the Basement in a channelised fashion presents itself

as thinner units on Basement highs and as thicker packages on Basement lows as shown in Figure 61.

Figure 61: Schematic section showing deposition of LDOM on the base-topography

It is postulated that the mineralisation profile of the LDOM in the troughs of the

Basement is different from the profile at the Basement highs. This results in higher variability of gold contents and thus affects classification for the LDOM.

11.3.1.2 QAQC

The Mineral Corporation carried out independent analytical quality control checks to

certify that the analytical data are of sufficient quality on which to base the Mineral Resource estimates.

11.3.1.3 Kriging Efficiency

The Kriging Efficiency associated with the U3O8, Au and thickness estimates was used to

assist in delineating areas of risk. Areas with KE greater than 30% were classified as Indicated.

The following are the indications of the classification, assuming that it was dependent on

the KE alone as described by Mwasinga (2001):

Measured Resource: > 50%;

Indicated Resource: 30-50%, and

Inferred Resource: <30%.

The KE plots are shown in Appendix 2.

11.3.1.4 Number of samples used to derive the estimate

The number of samples used to estimate each block was captured in the block model. A plot was then produced to distinguish areas by the number of samples used per

estimate:

Measured Resource: At least 12 boreholes within the variogram range;

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Indicated Resource: At least 8 boreholes within twice the variogram range, and

Inferred Resource: At least 3 borehole at a maximum extrapolation distance of

1 000m.

Appendix 3 depicts the maps of the number of samples used for estimation.

11.3.1.5 Search volume

The search volumes used for the estimates were also considered. The 1st search volume

is equal to the variogram range. Samples estimated within the first search volume were afforded better confidence than estimates within the second and third search volumes

which were twice and 10 times the variogram range. For the third search, the ten times variogram range was intended to capture all blocks to the extents of the resource

estimation limits, which were bound by a 1 000m extrapolation from the last data point.

11.3.1.6 Density

The use of density values for which source could not be confirmed, lends lower confidence to the tonnage estimates.

11.3.1.7 Product

The sampling for the Au values was not carried out as strictly as the uranium models

although they will be mined concurrently. Gold being a by-product, the confidence in the gold estimate is lower and, as such, the classification of the uranium and gold Mineral

Resources will differ.

11.3.1.8 Plots of the classification

The parameters discussed above have been assessed in combination and considered as

a collective, for example, areas with kriging efficiencies greater than 30%, which would

be considered as classified in the Indicated Mineral Resource Category would then, in conjunction with a poor understanding of structurally complex or the other classification

parameters, be downgraded to the Inferred Mineral Resource Category.

The confidence in the estimation of the Au and U3O8 Mineral Resources is different due

to the fact that some samples were not assayed for gold, but because the two are expected to be mined concurrently, the tabulation of the Mineral Resources is

categorised according to the U3O8 classification.

The Mineral Resource categories appropriately reflect the CPs view of the deposit.

Figure 62 depicts the classification of the UDOM U3O8 Resources. The U3O8 Resources

for the UDOM fall in the Indicated and Inferred Mineral Resource Categories.

Figure 63 depicts the classification of the UDOM Au Resources. The Au Resources for the UDOM fall in the Indicated and Inferred Mineral Resource Categories.

Figure 64 depicts the classification of the LDOM U3O8 Resources. The U3O8 Resources for the LDOM fall in the Indicated and Inferred Mineral Resource Categories.

Figure 65 depicts the classification of the LDOM Au Resources. The majority of the Au

Resources for the LDOM fall in the Inferred Mineral Resource Category with occurrences

of Indicated Resources in the vicinity of the stoped-out areas.

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Figure 62: Classification of the estimated UDOM U3O8 Resources

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Figure 63: Classification of the estimated UDOM Au Resources

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Figure 64: Classification of the estimated LDOM U3O8 Resources

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Figure 65: Classification of the estimated LDOM Au Resources

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11.4 Mineability, Mining Economics and Cut-off Grade for the Underground

Operations

11.4.1 2009 Study

The uranium ore bodies have been the subject of a number of studies, both prior to any

mining activity and subsequent to the mining having been stopped. The study done by

Lotriet (2009) was completed in December 2009 on an in situ Mineral Resource totalling 95Mt at an average grade of 495g/t U₃O₈; mostly Indicated and a minor proportion of

Measured Mineral Resources. The study reports a Mineral Reserve of 19.8Mt at a head

grade of 430g/t U₃O₈ based on the Mineral Resources that lie within the reach of

existing infrastructure.

The direct operating cost quoted in this study was a total of R614/tonne for mining, processing and services. The overall uranium and gold recovery were both estimated to

be 82%. The metal prices employed were US$58.55/lb for uranium (sic) and US$900/oz for gold. An environmental provision of R90 056 for the Shiva operation was estimated.

11.4.2 2014 Study

For this CPR, a high level technical review of the overall operating costs and U3O8 and

Au recovery was completed by Royal HaskoningDHV (2014) for The Mineral Corporation. Their findings indicate an overall mining cost of R857/t and U3O8 and Au recoveries of

82% and 84%, respectively.

The Mineral Resources estimated for the uranium section as summarised in the Mineral

Resource statement (Section 11.5) are declared based on a working cash cost of R857/t (Royal HaskoningDHV, 2014). The parameters used to derive the value of the material at

various U3O8 cut-offs are contained in Table 23 and the material that can generate sufficient revenue to cover the working cost of R857/t is considered a Mineral Resource

(i.e. there are reasonable and realistic prospects for eventual economic extraction) and

its corresponding overall U3O8 cut-off grade is circa 246g/t. An example on how this was derived is presented in Table 24 where the total value at R841.85/t is taken as

sufficiently close to the R857/t to be considered a Mineral Resource. Table 23: Cut-off derivation parameters

Parameters Units

Au Price US$1 500 per oz

U3O8 Price $65 per lb

Rand:Dollar Exchange R 12.50 per US$

Au Recovery 84.00%

U3O8 Recovery 82.00%

The gold value per tonne is calculated as:

The U3O8 value per tonne is calculated as:

T8B (ii)

T5.7B (ii)

T5.7B (iii)

T5.4B (i)

T5.7B (i)

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Table 24: Example

U3O8 Cut-off Grade (g/t)

Cumulative Tonne (Mt)

Au Grade above cut-off (g/t)

U3O8 Grade above cut-off (g/t)

U3O8 Content (Mlbs)

Au Content (Moz)

Au Value/t

U3O8

Value/t Total

Value/t

50 29.092 0.52 321 20.619 0.485 R262.46 R472.21 R734.67

75 29.078 0.52 322 20.617 0.485 R262.45 R472.38 R734.84

100 29.057 0.52 322 20.613 0.484 R262.49 R472.63 R735.12

125 28.843 0.52 323 20.557 0.478 R261.21 R474.84 R736.06

150 27.113 0.49 335 20.021 0.426 R247.32 R491.96 R739.29

175 24.186 0.47 356 18.983 0.367 R239.07 R522.92 R761.99

200 21.700 0.45 375 17.955 0.311 R225.79 R551.28 R777.07

225 19.055 0.45 398 16.727 0.273 R225.58 R584.84 R810.42

250 16.032 0.42 428 15.139 0.217 R212.72 R629.13 R841.85

275 13.381 0.40 461 13.610 0.174 R204.62 R677.65 R882.27

300 11.564 0.39 489 12.461 0.145 R196.94 R717.86 R914.80

325 10.272 0.38 510 11.560 0.127 R194.77 R749.78 R944.54

350 8.924 0.38 536 10.553 0.109 R192.69 R787.79 R980.47

375 7.780 0.37 561 9.631 0.092 R187.06 R824.70 R1 011.76

400 7.124 0.37 577 9.061 0.084 R185.46 R847.40 R1 032.86

11.5 Mineral Resource Statement

Table 25 depicts U3O8 and Au Mineral Resources estimated for the uranium section of

the underground Shiva Dominion Mine, exclusive of any pillars left by previous mining operations.

The Inferred Mineral Resources have a large degree of uncertainty as to their existence

and whether they can be mined economically. It cannot be assumed that all or any part

of the Inferred Mineral Resource or the exploration target will be upgraded to a higher confidence category.

No environmental, permitting, legal, taxation, socio-political, marketing or other issues

are expected to materially affect the above Mineral Resource estimate and, hence, these have not been used to modify the Mineral Resource estimate.

The Mineral Resources are declared at variable cut-offs as shown in Table 25, which equates to a “revenue” of R857/t.

The variable cut-offs for the different areas are thus as a consequence of the variable Au

and U3O8 grades and differing recoveries as well as the differing tonnage profiles per reef and Mineral Resource classification. Table 25: Dominion Reefs Mineral Resource statement as at 30 September 2014

Mineral Resource Classification Cut-off

U3O8 (g/t)

Density

(t/m3)

Tonne

(Mt)

Thickness

(m)

Grade

U3O8 (g/t)

Content

U3O8 (Mlbs)

Grade

Au (g/t)

Content

Au (Moz)

Indicated

Rietkuil Upper Reef 250 2.75 62.26 1.42 482 66.142 0.58 1.160

Rietkuil Lower Reef 250 2.72 11.24 1.08 402 9.964 0.50 0.179

Dominion Upper Reef 200 2.75 28.59 1.39 379 23.867 0.61 0.558

Dominion Lower Reef 250 2.72 16.03 1.16 428 15.139 0.42 0.217

Sub Total Indicated Resources 238 2.74 118.11 1.34 442 115.112 0.56 2.115

Inferred

Rietkuil Upper Reef 200 2.75 47.56 1.39 423 44.383 0.60 0.923

Rietkuil Lower Reef 300 2.72 15.66 1.38 389 13.442 0.63 0.316

Dominion Upper Reef 325 2.75 26.55 1.42 392 22.922 0.55 0.472

Dominion Lower Reef 425 2.72 1.04 1.09 471 1.076 0.31 0.010

Sub Total Inferred Resources 256 2.74 90.81 1.39 409 81.822 0.59 1.721

Total Mineral Resources 246 2.74 208.92 1.36 428 196.934 0.57 3.836

11.6 Reconciliation

The Mineral Corporation has reconciled the current Mineral Resource estimates to the previous estimates as well as validated the block model against the input data.

T8B (iii)

T2.6

T8B (iv)

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11.6.1 Reconciliation with previous Mineral Resource statements

The analysis of the reasons for the differences is detailed below.

The Mineral Resources for the Project amount to 197Mlbs U3O8 at an average cut-off of circa 246g/t U3O8, as shown in Table 25. In comparison, the last publicly stated Mineral

Resources for the Project were by Wanless (2008), declared at a cut-off of 30cmkg/t U3O8 and an assured 30 x 30m smallest mining unit (SMU) “post processing” upgrade

(Table 26). Table 26: SRK audited underground Mineral Resource Statement dated 31 December 2007

(amended after Wanless, 2008)

Classification Tonne (Mt)

Thickness (m)

Grade U3O8 (kg/t)

Content U3O8 (000 kg)

Content U3O8 (klbs)

Grade Au (g/t)

Content Au (kg)

Content Au (koz)

Indicated

Rietkuil Upper Reef 18.963 1.49 0.62 11 826 26 072 0.55 10 523 338

Rietkuil Lower Reef 11.740 1.22 0.89 10 416 22 963 1.13 13 273 427

Dominion Upper Reef 38.004 1.31 0.59 22 246 49 043 0.69 26 071 838

Dominion Lower Reef 12.372 1.3 0.53 6 504 14 338 0.97 12 005 386

Sub Total Indicated

Resources 81.080 1.43 0.63 50 991 112 416 0.76 61 871 1 989

Inferred

Rietkuil Upper Reef 59.728 1.52 0.31 18 289 40 320 0.47 27 782 893

Rietkuil Lower Reef 37.123 1.87 0.23 8 405 18 529 0.78 29 131 937

Dominion Upper Reef 37.047 1.51 0.5 18 367 40 492 0.66 24 321 782

Dominion Lower Reef 40.896 1.82 0.43 17 695 39 010 0.7 28 684 922

Sub Total Inferred Resources

174.795 1.66 0.36 62 755 138 351 0.63 109 919 3 534

Total Mineral Resources

255.873 1.56 0.447 113 746 250 767 0.67 171 790 5 523

11.6.1.1 Resource area

The area over which Mineral Resources are estimated is constrained by the title

boundary, within fault blocks and where the UDOM and LDOM are preserved. Basement high zones were delineated and excluded from the estimation. The peripheral areas at

distances exceeding 1 000m from a data point have also not been estimated; this results in a decrease in the area estimated for the UDOM and LDOM compared to Wanless

(2008).

11.6.1.2 Density

Wanless (2008) applied a blanket density of 2.70t/m3 whereas The Mineral Corporation applied densities of 2.70t/m3, 2.72t/m3 and 2.75t/m3 for the quartzites, LDOM and the

UDOM, respectively. These density values are based on actual data (Deiss, 2009).

11.6.1.3 Thickness

Wanless (2008) applied maximum mining cuts of 100cm, 160cm, 180cm and 220cm for

the Indicated Mineral Resources based on the geological domains in which they were

defined. For the Inferred Mineral Resource, a minimum width of 100cm was also applied; however, no maximum width was applied. The Mineral Corporation applied a

minimum width of 100cm and a maximum width of 160cm for all the Mineral Resources for both reefs.

The thicknesses estimated into the Mineral Resource area were as shown in Table 27

below. Table 27: Comparison of estimated thickness (Wanless, 2008 and Young, 2014)

Wanless (2008) Thickness (m) Young (2014) Thickness (m)

Rietkuil Upper Reef 1.513 1.405

Rietkuil Lower Reef 1.714 1.244

Dominion Upper Reef 1.409 1.403

Dominion Lower Reef 1.699 1.125

T1.3B (i)

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11.6.1.4 Explicit geological losses

The Mineral Resources for the Project were estimated into fault blocks, which excluded interpreted Basement highs, areas where the reefs are not preserved, known dykes and

known major faults based on the structure plan from AAC which, in turn, is based on the geophysics. The same methodology was employed by Wanless (2008).

11.6.1.5 Implicit geological losses

The implicit geological losses applied by The Mineral Corporation are based on the

remnants left in the current stoped out areas due to minor faulting as measured from AAC stope plans. The Mineral Corporation applied losses of 6% for the UDOM and LDOM

in the Dominion Section and 14% for the UDOM and LDOM in the Rietkuil Section. In comparison, Wanless (2008) employed geological losses of 5% for the UDOM and LDOM

in the Dominion Section and 15% for the UDOM and LDOM in the Rietkuil Section.

11.6.1.6 Cut-off

Wanless (2008) applied a cut-off of 30cmkg/t U3O8 whereas The Mineral Corporation Mineral Resources are stated at a working costs based cut-off of R857/t, which is

equivalent to circa 246g/t U3O8.

11.6.1.7 Grade

The difference in the Mineral Resources stated grade/contents can be attributed to The

Mineral Corporation not employing any SMU post processing, the different evaluation cut

widths and the nil use of the underground chip sampling.

11.6.1.8 Resource estimation parameters

The Wanless (2008) estimates are based on OK in all resource areas at the Dominion

Section except where there was a paucity of data where simple kriging was applied. The Mineral Corporation employed OK for the entire resource area.

The Mineral Corporation estimated into 250m x 250m parent blocks except at the

peripheries where there was paucity of data in which case 500m x 500m parent blocks

were kriged. Block resolution at boundaries was resolved by utilising sub-cell splitting of the parent cells.

11.6.2 Block model validation

The block model was reconciled against the input data as well as the Mineral Resource estimates by Deiss (2009) for which the electronic block model was supplied. The Deiss

(2009) Mineral Resource statement was not publically reported thus for reporting

purposes, The Mineral Corporation Mineral Resource figures are compared to Wanless (2008). For the validation of the block model, as the Wanless (2008) block model was

not made available, the Deiss (2009) block model that was made available is employed as an alternate, which is more instructive as the comparison is before the application of

any cut-off grades or post processing.

11.6.2.1 Data vs. Block grades and thicknesses

The block model grades and the declustered borehole data grades were compared as part of the block model validation. The boreholes were declustered to 250m x 250m.

The comparison of the U3O8 grade is shown in Table 28. Table 28: Block Model (Young, 2014) vs. declustered U3O8 g/t grades

Declustered Data Grade

U3O8 (g/t) Block Model Grade

U3O8 (g/t) Variance (%)

Rietkuil Upper Reef 540 460 -15%

Rietkuil Lower Reef 290 270 -7%

Dominion Upper Reef 360 350 -3%

Dominion Lower Reef 270 260 -4%

T4.2B (v)

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T5.8A (i)

The block model grade is lower than the data grades due to the circumstance that the

down-dip areas where extrapolation to 1 000m was carried out and where drilling was sparse, have typically lower grades than the up-dip zones.

The comparison of the Au grade is shown in Table 29.

Table 29: Block Model vs. declustered Au g/t Grades

Declustered Data Grade

Au (g/t) Block Model Grade

Au (g/t) Variance (%)

Rietkuil Upper Reef 0.67 0.59 -12%

Rietkuil Lower Reef 0.45 0.50 11%

Dominion Upper Reef 0.57 0.55 -4%

Dominion Lower Reef 0.44 0.47 7%

The largest variance of minus 15% is seen in the UDOM for the U3O8 grade.

11.6.2.2 Reconciliation against the Deiss (2009) Model

The block model was compared to the Deiss (2009) Model as summarised in Table 30.

Table 30: Comparison of the Young (2014) and Deiss (2009) mineral inventories at nil cut-off

Variable Deiss (2009) Young (2014) Variance (%)

Area (million m2) 61.2 81.7 33

Tonne (Mt) 252.47 331.54 31

Thickness (m) 1.28 1.32 3

SG (t/m3) 2.73 2.74 0

Grade U3O8 (g/t) 395 350 -11

Grade Au (g/t) 1.055 0.539 -49

Content U3O8 (klbs) 219 718 255 758 16

Content Au (koz) 8 565 5 745 -33

The Mineral Corporation estimates 31% more tonne than Deiss (2009) due to 33%

increase in the Mineral Resources area and 3% increase in the average estimated

thickness. The larger Mineral Resource footprint is due to the western portion of Rietkuil Section being considered by The Mineral Corporation whereas Deiss (2009) excluded it.

It should be noted that in Section 11.6.1.1 the footprint area considered by The Mineral Corporation is smaller compared to Wanless (2008). The gold content decreases by 33%

despite the tonnage increase due to the 49% drop in the average gold grade from circa

1.06g/t to 0.54g/t. The U3O8 content increases by 16% despite the 11% drop in the U3O8 grade.

11.7 Uranium Market Review

11.7.1 Introduction

The principal use of uranium is as a fuel for nuclear power facilities. Mined uranium

oxide (U3O8) is converted to uranium hexafluoride (UF6) prior to 235U enrichment and fabrication into nuclear fuel assemblies. Total global U3O8 consumption during 2013 is

estimated to have been 167Mlb, which was met by primary U3O8 production of 155Mlb and subordinate secondary supply of Highly Enriched Uranium (HEU) from

decommissioned nuclear weapons, now abating, and an increasing proportion of used-

fuel reprocessing and sales from government inventories (World Nuclear Association (WNA), 2014).

T2.18

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11.7.2 Demand

Over the last two decades, global electricity demand has grown 3% per annum, with nuclear power now supplying some 11% of global electricity generation. Nuclear power

provides at least a fifth of the electricity generation capacity for fifteen nations. France (73%) and Belgium (52%) lead Slovakia, Hungary, Ukraine, Sweden, Switzerland, Czech

Republic, Slovenia, Finland, Armenia and South Korea, which depend on nuclear power

for more than 25% of their electricity needs. Romania, Spain, the United Kingdom, Russia, Canada and Germany obtain more than 15% of their needs from nuclear power.

The United States has the most reactors of any country and its 100 operating reactors provide some 20% of its national electricity generation capacity.

Nuclear power stations are best suited to base load power generation with little variation

in power output. As a result U3O8 demand is directly linked to the nuclear power capacity

expansion and is largely inelastic. Primary production from uranium mining supplies approximately 85% of the requirements of these power utilities. According to the

WNA (2014), there are currently 435 nuclear reactors in operation (375Gwe), 71 facilities in construction (77Gwe) and four reactors (3.5Gwe) were permanently shut

down during 2013. Prior to the incident at Fukushima in March 2011, U3O8 demand for

reactor fuel use was forecast to increase to 277Mlbs per year in 2020 and 364Mlbs per year by 2030 (WNA, 2009). While this outlook has tempered somewhat as Japan,

Germany and a number of other European countries have announced their intention to constrain nuclear capacity because of safety concerns, the sustained nuclear power build

programmes in China, India, the Middle East, Russia and elsewhere should see a gradual erosion of the market surplus, as global reactor builds proceed. According to the WNA

(2014), the number of planned reactors has increased from 64 (across 17 countries) in

2007 to 172 (26 countries) in 2014, with a further 309 reactors in 36 countries currently in proposal stage.

11.7.3 Supply

Key factors that could impact the market outlook described above include disruption and

delays to existing and new mining projects, and the uncertainty over the quantity and possible commercial terms for secondary supply beyond 2014, which marked the end of

the HEU agreement between the US and Russia. Scaled back primary production is anticipated to be offset, to some degree, by increasing used-fuel reprocessing and sales

from government inventories in the short term, while mined U3O8 production’s

importance is anticipated to recover in the longer term as the global nuclear reactor fleet builds progress.

In 2013, Kazakhstan and Canada accounted for nearly 54% of the world’s current

primary U3O8 production capacity with Australia and Niger third and fourth rank producers, respectively. During 2012 and 2013, there was substantial consolidation and

further concentration of U3O8 supply as downstream nuclear energy companies and

current U3O8 producers sought to secure additional U3O8 assets in the exploration and development stage.

The U3O8 demand and supply dynamics for the last nine years, and a forecast for the

next two years, are illustrated in Figure 66.

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Figure 66: U3O8 supply and demand dynamics (Sources: 2005-2013, WNA. 2014-2015, Cameco,

2014)

11.7.4 U3O8 pricing and market outlook

Most U3O8 is traded through long-term bilateral agreements between suppliers

(principally mining companies) and users (principally nuclear power utilities), seeking security of supply. There is no terminal market for U3O8; with spot and long term prices

being published by a small number of independent companies, based on market events. The spot market price is the most widely quoted, although in recent years spot market

transactions have accounted for only approximately 15% of the total market.

Conversion, enrichment and fabrication services are typically purchased separately by the nuclear fuel end user.

Spot and long term price trends for U3O8 over the period 2009 to 2013 are illustrated in

Figure 67.

Subsequent to the Fukushima disaster in 2011, which removed some 12% of annual

global demand (Edison, 2014), spot prices have fallen 51% to settle in the current range of US$28/lb to US$35/lb, which is interpreted to be at or near the break-even operating

cost for a number of established producers. The long-term price was less adversely affected by events at Fukushima and trades at current levels of US$55/lb to US$60/lb.

0

20

40

60

80

100

120

140

160

180

200

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014e 2015e

U3O8 Mlb

Secondary Supply

Primary Supply

Demand

T10.A (i)

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Figure 67: U3O8 Pricing 2007 to 2012 (Source: Cameco, 2014)

It is anticipated that notwithstanding the Fukushima setback and current global economic turbulence, nuclear power will continue to increase its share of global

electricity production over the next two decades, given sustained economic and population growth in non-OECD countries. In the short term, the potential restart of at

least some of Japan’s reactors and the progressing new builds elsewhere in the world

would suggest restored U3O8 demand, and constrained secondary supply, should improve prices over this period.

12 GOLD PROJECT

12.1 Exploration Data

The gold bearing reefs of the Koedoeslaagte Formation within the Outer Basin have

been mined, in the past, from underground by AAC. Shiva has procured the mine plans relating to this mining as well as some of the underground sampling data. The

exploration history is presented in Section 5 and it should be noted that post AAC exploration phases of drilling, by necessity, had to be completed such that boreholes did

not penetrate the old underground workings and are, thus, not located on a regular grid

over the ore body.

Due to the historical mining being restricted to the high Au abundance areas and the drilling being restricted to the relatively low grade intervening areas, it is not possible to

validate the underground sampling by comparing it with the borehole data using

statistical analysis. The Mineral Corporation has instead scrutinised plans illustrating the Au contents of the boreholes and underground sampling and, based on the geological

model of a northwest–southeast “payshoot” direction, adjudged the underground sampling as relevant and applicable. The balance of the data validation is restricted to

the exploration drilling data and core as well as its sampling and analytical QAQC results. In addition, a minor database of current in-pit sampling has been provided by Shiva and

this has also undergone validation.

T10.B (i)

T1.2B (i)

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All of the boreholes were drilled vertically, and hence the vertical intersection was

corrected to a true width, by applying an average dip of 22°, prior to calculating the cmg/t variable. The surface chip sampling was observed to be taken across the true

width of the orebody being sampled, and hence no dip correction was applied. It has been assumed that the underground chip sampling would have been taken across the

true thickness of the orebody, as this is the standard practice in South African

underground gold operations, and hence no dip correction was applied.

12.1.1 Exploration techniques

Two methods were used by Shiva to collect exploration data; surface diamond drilling

and open pit chip sampling.

Surface exploration cores were drilled at intervals of approximately 100m x 100m at a

core size diameter of 52mm and were generally drilled vertically to the base of the Magazine Reef unit. Where there is an existing excavation (mined out area) below, holes

are stopped at the roof of the excavations.

12.1.1.1 Uranium One

The old exploration boreholes drilled by Uranium One were cut with a diamond saw into two halves. One half was sampled and sent to the SuperLabs preparation laboratory and

onward to Set Point for analysis and the other half was kept for reference in the core yard. Figure 68 shows typical half core sampling done by Uranium One, where good

core recovery, with a good fit and correct sampling method can be noted.

Figure 68: Core trays for borehole MDP008 (Uranium One) with half core sampled

T3.3A (ii)

T3.3A (iii)

T3.1A (i) (i)

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12.1.1.2 Shiva

Only two methods have been used by Shiva to collect exploration data. These include surface diamond drilling and open pit chip sampling. Surface exploration core is drilled

at a similar density of 100m x 100m at a core size diameter (circa 52mm) and drilled vertically to the base of the Magazine Reef unit.

Figure 69 shows an exposed old underground working at the mine. Whole core sampling is practised by Shiva, thus it is not possible to comment on any core recovery issues,

apart from noting that core that was recorded as being of poor recovery was not used in this evaluation. SuperLabs undertook sample preparation and analysis for Shiva.

Figure 69: Old mine workings at the Shiva Uranium Mine

12.1.2 Database validation

Validation of the Shiva database was carried out by The Mineral Corporation. Standardised reef dilution as well as data capture errors required in depth scrutiny as

well as formulating an understanding for the reasons for exclusion of certain boreholes. Analysis of the data was followed by site visits to view selected boreholes as well as

review site procedures and data management processes. The following commentary

discusses the main data validation issues leading to the consolidation of the database.

12.1.2.1 Site visit

The Mineral Corporation utilised the site visits described in Section 11.1.1.3 to view the

Au data in conjunction with the uranium data.

During the visits, The Mineral Corporation also examined drilling sites and verified

borehole collar coordinates, re-logged the core of randomly selected boreholes and discussed with Shiva personnel the drilling, logging, sampling and quality control

procedures.

12.1.2.1.1 The core yard

This information is contained in Section 11.1.1.3.1 and is not duplicated here.

T3.3A (iii)

T3.3A (ii)

T3.1 (ii)

T3.2A (v)

T3.2A (iv)

T2.14

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12.1.3 Verification of collar coordinates

The collar coordinates for randomly selected boreholes were verified in the field as evidenced in Figure 70 depicting the collar of OBN 080.

Figure 70: Casing and collar location of OBN 080

12.1.4 Mineralisation verification

The Mineral Corporation’s standards with respect to CPRs necessitate the taking of

independent samples for analyses to ascertain if mineralisation of the tenor portrayed by

the project promoter exists. To complete this task, random pulps were selected from the library of pulps left by the Uranium One drilling campaign. The results are depicted

in Figure 71.

Figure 71: Analytical results of resampled pulps compared to the Uranium One data

0

2

4

6

8

10

12

14

AO

59

57

AO

59

58

AO

59

62

AO

59

63

AO

59

79

AO

59

92

AO

59

93

AO

60

09

AO

60

10

AO

60

37

AO

60

38

AO

60

39

AO

60

40

AO

60

41

AO

60

42

AO

60

71

AO

60

72

BO

25

31

BO

25

32

BO

25

33

BO

25

34

BO

25

75

BO

26

09

BO

26

10

BO

26

11

BO

26

12

BO

26

13

BO

26

14

BO

26

15

Au

Gra

de

(g

/t)

Sample Number

Original Re-Sample

T2.2A (i)

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From Figure 71, it can be noted that, apart from one sample (BO2534), there is good

correspondence of the analyses. The conclusion of this independent exercise is that the Au mineralisation as depicted in the borehole database exists and that the borehole

database is a reflection of the rocks drilled.

12.1.5 Data format

Shiva provided The Mineral Corporation with raw borehole data in Microsoft Excel spreadsheet format for each borehole. The individual spreadsheets had to be

consolidated by The Mineral Corporation into four csv files, namely collar, survey, assays and lithology files. The files were imported into Datamine Studio 3, de-surveyed and the

Au grade composited over full channel width.

For the chip sampling data, Shiva provided The Mineral Corporation with some historical

underground sampling as well as the current pit sampling. The historical sampling refers to the sampling undertaken during the ownership of the mine by AAC (1999 to circa 2005) whilst the current sampling refers mainly to the chip sampling undertaken by Shiva since takeover of the mine in 2010. The data was provided in a single spreadsheet

and contained information on the stope width, some channel width data and the location

coordinates. The composited borehole data and the combined chip sampling data was merged and used in the Mineral Resource estimation process.

The Mineral Corporation was also provided with a geological structural plan for the area

showing the position of the Inner Basin in relation to the Outer Basin.

12.1.6 Borehole exclusion list

A list of boreholes not utilised in the geological modelling and the Mineral Resource estimation process was compiled and discussed with Shiva. The boreholes excluded had

one or more of the following data issues:

1. No collar coordinates;

2. No physical or electronic logs, only photographs; 3. Inaccurate coordinates resulting in holes plotting far away from the project area;

and/or 4. Incomplete data – generally because the hole was not logged.

12.1.7 Laboratory analytical QAQC – Uranium One data

Set Point was employed for the analyses of the Uranium One exploration drilling

samples. The laboratory accreditation detail from SANAS is given in Table 15.

The total number of QAQC samples relating to the data employed in this evaluation is contained in Table 31.

Table 31: Au section QAQC statistics

Type of QAQC sample Au

Blanks 888

CRMs 319

Duplicates 389

Totals 1 915

Total Samples for Evaluation 19 365

QAQC Proportion 9.89%

The overall proportion of QAQC data in the data base is optimal as it is between 5% and 10% of the field samples.

T2.5A (i)

T3.4A (i)

T3.2A (i)

T3.3A (i)

T3.2A (ii)

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12.1.7.1 Borehole laboratory analytical QAQC

From the exploration database of raw assay data, the laboratory analytical QAQC results for the Au analyses have been extracted and are reported in this section. Only

information on CRMs and duplicate pulp analyses is reported.

12.1.7.2 Certified Reference Material

The CRMs employed by the laboratory, AMIS004 and AMIS023, have expected certified Au abundances of 0.427g/t and 3.57g/t, respectively. The results from the analyses of

the CRMs are portrayed in the format of error deviation as explained in Section 11.1.4 in Figure 72.

Figure 72: Set Point Au CRM results

From Figure 72, it can be noted that the results for the lower Au abundance CRM,

AMIS04, have a wider spread of error deviation but are generally between +10% and -10% with an average of +0.93%. The limited higher abundance CRM results for

AMIS023 have a narrower spread of error deviation compared to the lower abundance CRM, as would be expected, with an average error deviation of -1.96%.

12.1.7.3 Duplicate pulp analyses

The duplicate pulp results are depicted in Figure 73 in the form of mean deviation as

defined in Section 11.1.4.

-15%

-10%

-5%

0%

5%

10%

15%

0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0

Err

or

De

via

tio

n

Certified Grade (g/t)

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Figure 73: Set Point duplicate analytical results for Au

From Figure 73, it can be noted that the cloud of mean deviation results describe the

typical “trumpet” shape, with high mean deviations at the low abundance levels and lower mean deviations at the higher abundance levels. It would have been expected

that the mean deviation would have only become high, greater than 10%, at the sub 2.0g/t levels of abundance and not at the sub 4.0g/t level of abundance.

12.1.8 Borehole exploration analytical QAQC – Uranium One data

From the exploration archives, it was possible to scrutinise the exploration inserted CRM,

duplicate and blank results from the laboratory. The results are contained in the following commentary.

12.1.8.1 Blank material

The insertion of blank material is done to gauge the level of cross contamination that

may have occurred in the sample preparation, which is most likely to occur in the crushing and pulverizing phases. The database of blank material defines three types of

blank material employed; blank material, silica sand and used silica sand. Without a description of the provenance of these three blank materials, it is difficult to place any

real significance to any high Au abundances reported by the laboratory. The results for

the blank analyses are contained in Figure 74.

-100%

-80%

-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

0 5 10 15 20 25 30

Me

an

De

via

tio

n

Mean Gold Grade (g/t)

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Figure 74: Set Point Au blank analyses results

From Figure 74, it can be noted that there are essentially only three significant “spikes”

in the blank material results that are above 0.5g/t. It can be noted that the balance of the results (585 results) are virtually uncontaminated. It would be speculation to

venture a reason for the “spikes”, but it may be a mislabelling issue as the U3O8 results for these samples were below the detection limit of 7g/t.

12.1.8.2 Duplicate sample analyses

The results of duplicate samples submitted by the exploration geologists are contained in

Figure 75.

Figure 75: Set Point duplicate exploration results for Au

0

1

2

3

4

5

6

7

1

15

29

43

57

71

85

99

11

3

12

7

14

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51

9

53

3

54

7

56

1

57

5

Re

turn

ed

Gra

de

(g

/t)

Sample No

Blank Material Silica Sand Used Silica Sand

-120%

-100%

-80%

-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

0 5 10 15 20 25 30

Err

or

De

via

tio

n

Mean Grade (Gold g/t)

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From Figure 75, it can be noted that results for the exploration geologist’s duplicates

show a similar pattern to that of the laboratory duplicate results (Figure 73). The comments made in Section 12.1.7.3 therefore apply for these duplicate analyses.

12.1.8.3 Certified Reference Material analyses

Two CRMs were employed by the exploration geologists, SARM 56 and SARM 53, with

certified expected Au abundances of 2.69g/t and 3.99g/t, respectively. The results of the analyses of the CRMs are portrayed in the format of error deviation as explained in

Section 11.1.4 in Figure 76.

Figure 76: Set Point error deviation analytical results for SARM 56 (left) and SARM 53 (right)

From Figure 76, it can be observed that there is a preponderance of high error

deviations (+30% to +60%) for SARM 56. When scrutinised, these samples all returned

values around 4.0g/t and it is thus adjudged that they are, in fact, SARM 53 CRMs that have been mislabelled. On this basis, the SARM 56 and SARM 53 CRM analysis were

noted to have error deviations mostly between -10% and +10%, the averages being -0.59% and -0.21%, respectively.

12.1.9 Borehole exploration analytical QAQC – Shiva data

12.1.9.1 Blank Material Data

The Shiva exploration analytical QAQC was based on the insertion of blank material and

duplicates in the sample streams sent to the SuperLabs facility in Klerksdorp. Figure 77 contains the blank material results from SuperLabs.

From Figure 77, it can be noted that minimal cross contamination appears to have occurred in the SuperLabs environment.

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0 4,5

Err

or

De

via

tio

n

Certified Grade (g/t)

SARM 56 SARM 53

T3.4A (i)

T3.3A (i)

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Figure 77: SuperLabs blank material results of exploration samples

12.1.9.2 Duplicate Data

The Shiva duplicate data is presented in Figure 78 as a mean deviation plot. It can be noted from this figure that the mean deviations of the duplicates describe near perfect

arcs. This is due to the relatively high detection limit of 0.08g/t the small aliquot of 25g and the precision of the scales used for the gravimetric measurements. For low-grade

samples (<2.0g/t), minor deviations in gold abundance are reported mostly as

differences of ±0.04g/t. This phenomenon has been noted by the CP in other projects with laboratories that have high detection limits in relation to the mean sample

abundance.

Figure 78: SuperLabs mean deviation duplicate results of exploration samples

0.00

0.01

0.02

0.03

0.04

0.05

0.06

0.07

0.08

0.09

0.10

1 9

17

25

33

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49

57

65

73

81

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97

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Au

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(g

/t)

Sample No

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9

Me

an

De

via

tio

n

Mean Au Grade (g/t)

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From Figure 78, it can be noted that the mean deviation for Au abundances of 0.2g/t is

less than 10%.

12.1.10 In pit sampling analytical assurance and control

The in-pit chip sampling analysis is completed at SuperLabs. A random selection of

Superlabs analytical certificates was accessed and the following analytical precision

results emerged.

12.1.10.1 Duplicates

Duplicate pulp results have been assessed in terms of mean deviation as defined in

Section 12.1.7.3. The results are depicted in Figure 79.

Figure 79: SuperLabs duplicate pulp analytical results

The near perfect arcs displayed in Figure 79 are due to the explanation provided in Section 12.1.9.2.

At Au abundance of 0.4g/t, the analytical precision provided by SuperLabs, as restricted

by the detection limit, may not provide sufficient reliable discrimination between “ore”

and “waste’. As such, this data is not considered suitable for the reporting of Measured Mineral Resources.

12.1.11 SuperLabs analytical methods

SuperLabs is an industrial laboratory with facilities in Springs, Gauteng Province and Klerksdorp, North West Province. It is a laboratory that is focused on providing gold fire

assays to the industry at large.

A sample weighing less than 2kg is crushed to 90% <1mm that is then all pulverised to

70% <75µm. If a sample weighs more than 2kg, it is reduced to 2kg via a rotary splitter. An aliquot weighing 25g is drawn from the pulverised material and fire assayed

with a lead/silver collection. The silver is removed by acid dissolution and the gold bead

weighed to an accuracy that generates results above an Au detection limit of 0.08g/t.

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

0.0 5.0 10.0 15.0 20.0 25.0

Me

an

De

via

tio

n (

Au

g/t)

Mean Au Grade (g/t)

T2.3B (ii)

T3.3A (iv)

T3.4A (i)

T3.4A (iv)

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Each tray of 28 original samples has two duplicate pulps and each batch of samples will

have an in-house prepared “QAQC” sample and blank sample (river sand) inserted into the sample stream.

SuperLabs is one of the laboratories employed by African Mineral Standards, a division of

Set Point Industrial Technology (Pty) Ltd to provide round-robin Au analytical results for

CRMs they have generated. The SuperLabs Au results form part of the statistical data that the eventual expected grade and upper and lower limits that are conferred upon the

CRM. Some results for the Klerksdorp and Springs SuperLabs Laboratories for six CRMs over the period 2010 to 2011 are contained in Figure 80.

Figure 80: SuperLabs CRM participation results

As SuperLabs provides part of the statistical data for the CRM expected grade, comparison to the expected grade in the manner given in Figure 80 is not entirely valid.

However, the exercise does indicate that SuperLabs generates marginally higher grades than the other participating laboratories.

SuperLabs has been accredited for gold analyses by fire assay and a gravimetric finish

for gold abundances of 0.08g/t to 3 027g/t since December 2011.

12.1.12 Analytical QAQC conclusions

12.1.12.1 Uranium One laboratory data

Set Point’s own laboratory analytical QAQC data indicates that, at Au abundances of

circa 0.5g/t, the CRM results (being a measure of the analytical accuracy) returned error deviations of up to ±10% whereas, at higher abundances, the error deviations are less

with a mean of -1.96%. The mean deviation of the duplicates that provide a measure of the laboratory precision indicates that, at the sub 4.0g/t level of Au abundance, it is

relatively higher than would be expected.

-30%

-20%

-10%

0%

10%

20%

30%

0 5 10 15 20 25 30 35 40 45 50

Err

ror

De

via

tio

n

CRM Grade (Au g/t)

Springs Klerksdorp

T2.5A (i)

T3.4A (ii)

T3.4A (iii)

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12.1.12.2 Uranium One exploration data

The blank material inserted returned virtually uncontaminated Au grades at Set Point apart from three spikes from 588 samples. The CRM results for the two standards

analysed at Set Point returned results with error deviations of less than -1.0%. The duplicates returned results much the same as the laboratory results in Section 12.1.12.1.

12.1.12.3 Shiva laboratory data

The round-robin analytical results that SuperLabs has presented indicates that it returns

marginally higher results than the other participating laboratories with an overall error deviation of +5.95% for the Klerksdorp laboratory at Au abundances of <3.5g/t.

The analytical precision for Au abundances of 0.4g/t is not considered suitable for the

reporting of Measured Mineral Resources.

12.1.12.4 Shiva Exploration Data

The blank material results indicate that little cross contamination in the sample preparation occurred and that the duplicate data returned mean deviations for Au

abundances of 0.2g/t of less than 10%.

The overall conclusion reached is that the likelihood of cross contamination at both the laboratories employed is low and that the analytical accuracies are acceptable, with Set

Point returning conservative results and SuperLabs optimistic results. The analytical

precision measured from the mean deviations would indicate that duplicate results from both laboratories, at the low levels of Au abundance in the ore body, can only be

employed for the reporting of Inferred and Indicated Mineral Resources.

12.1.13 Surveying techniques

The survey coordinates system used is the LO 27 WGS 84. The underground chip

sampling data were not surveyed at the time they were taken, but probably offset from

underground survey pegs.

For the current open pit sampling, the location of the sampling groove is recorded by the surveyor using a differential Global Positioning System (GPS). The elevation (z-value) is

recorded and matched to the bottom of the first sample. These sampling grooves are

perpendicular to the dip of the mineralised zone, and therefore true thickness is represented. The minimum sample length is 10cm.

12.1.14 In-pit chip sampling audit

The Mineral Corporation conducted an in-pit sampling audit to formulate a view as to whether the pit sampling information is of sufficient quality to be used for Mineral

Resource estimation. The results of this audit are contained in the following

commentary.

Open pit in situ reef sampling at Shiva is the procedure whereby the assessment of the gold content of a small portion of the mineralised zone is undertaken. The sampling

results are recorded and maintained throughout the life of the mine for the following

reasons:

To enable an unbiased estimation of the Mineral Resources and Mineral

Reserves; To enable the mining team to evaluate the short term viability of mining in a

particular section of the mine;

To assess the “performance” of the mineralized zone with respect to the

originally assigned block grade and thus provide a measure of the accuracy of the Mineral Resource estimate;

T2.2A (i)

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To assist in the optimum exploitation of the Mineral Reserves; and

To provide a means of comparison between the mined grade and the grade

achieved by the plant and thus provide a measure of mining dilution or loss.

The sampling process at Shiva aims at obtaining a representative and unbiased sample

of the mineralised zone. The development sampling is undertaken at regular intervals, normally 2m along the high and side pit walls.

The sampling routine noted during audit is as follows:

The geologist defines each sampling location to ensure that each sample is

marked on the basis of sound geological observation. The geologist then makes a detailed log of the sampling groove for subsequent correlation with the

sampling data; The entire face is sampled including hanging-wall and footwall material;

The face is washed with water and excess loose rock removed;

The sampling groove is demarcated from footwall to hanging-wall and each

sample assigned a unique sample number. The sampling groove is

approximately 10cm wide and 5cm deep, and demarcated using yellow or white

marking paint; Sampling is conducted from the bottom of the channel to the top;

The location of the sampling groove is recorded by the surveyor using

differential GPS. The z-value is recorded and matched to the bottom of the first

sample; Sampling grooves are perpendicular to the dip of the mineralised zone, and

therefore true thickness is represented. Minimum sample length is 10cm;

Each sample is collected by chipping from the face, using a 2 kg hammer and a

chisel and collection pan; No quality control samples are inserted into the sample stream; and

Samples are collected in a plastic bag which is sealed and sent to SuperLabs in

Klerksdorp.

The method of in-pit reef channel sampling described and observed by The Mineral Corporation is within acceptable limits and follows industry standards.

The analytical results from SuperLabs are contained in Table 32.

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Table 32: Analytical results

Channel Id Sample Id From (m)

To (m)

Interval (m)

Au (g/t)

Lithology

Section1.1 F2514 1 390.47 1 390.32 0.15 0.28 MQ

Section1.1 F2513 1 390.32 1 390.16 0.16 7.60 MQ

Section1.1 F2511 1 390.16 1 389.96 0.20 2.36 MQ

Section1.1 F2510 1 389.96 1 389.76 0.20 2.96 MQ

Section1.1 F2509 1 389.76 1 389.61 0.15 0.76 MQ

Section1.1 F2508 1 389.61 1 389.46 0.15 0.60 MQ

Section1.1 F2507 1 389.46 1 389.26 0.20 0.52 MQ

Section1.1 F2505 1 389.26 1 389.14 0.12 1.72 MQ

Section1.1 F2504 1 389.14 1 388.96 0.18 1.32 MQ

Section1.1 F2503 1 388.96 1 388.76 0.20 0.48 MQ

Section1.1 F2502 1 388.76 1 388.56 0.20 0.40 MQ

Section1.1 F2501 1 388.56 1 388.36 0.20 0.20 MQ

Section1.2 F2523 1 391.91 1 391.73 0.18 0.24 MQ

Section1.2 F2522 1 391.73 1 391.53 0.20 0.12 MQ

Section1.2 F2521 1 391.53 1 391.33 0.20 0.20 MQ

Section1.2 F2519 1 391.33 1 391.13 0.20 0.20 MQ

Section1.2 F2518 1 391.13 1 390.93 0.20 0.24 MQ

Section1.2 F2517 1 390.93 1 390.78 0.15 0.40 MQ

Section1.2 F2516 1 390.78 1 390.58 0.20 0.72 MQ

Section1.2 F2515 1 390.58 1 390.38 0.20 0.36 MQ

Section 1.9 F2530 1 388.67 1 388.51 0.16 0.92 MQ

Section 1.9 F2529 1 388.51 1 388.31 0.20 2.32 MQ

Section 1.9 F2528 1 388.31 1 388.11 0.20 0.88 MQ

Section 1.9 F2527 1 388.11 1 387.96 0.15 1.00 MR

Section 1.9 F2526 1 387.96 1 387.82 0.14 1.28 MR

Section 1.9 F2525 1 387.82 1 387.62 0.20 0.44 MR

Section 1.9 F2524 1 387.62 1 387.48 0.14 0.84 LQ

12.1.15 Downhole surveys

The Mineral Corporation was informed that all diamond boreholes in the gold section of Shiva were collared vertically and no drift paths were surveyed. Most of the holes are

short (less than 100m in length) and the borehole drift path is unlikely to have deviated materially in such a short distance.

12.1.16 Data Distribution

Figure 81 depicts the data distribution for all the reefs in the Project. Most of the data

appears to have been collected in the outcrop areas of the eastern portion of the mine where most of the mine excavations have occurred.

T2.2A (i)

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T1.4A (i)

T1.4A (ii)

T2.2A (ii)

Figure 81: Data distribution in the Project area

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12.1.17 Density measurements

The Mineral Corporation was not presented with any data pertaining to the collection of density samples or their results. However, Shiva provided the Mineral Corporation with

the following density parameters; 2.78t/m3 for the conglomerate units and 2.75t/m3 for the internal quartzite units. By utilising these numbers as assumed densities, the likely

error is not deemed to be material for an Indicated Mineral Resource.

12.1.18 Sampling methods and recovery

Shiva provided The Mineral Corporation with data from three different sources namely, diamond drilled borehole data, underground chip sample data and open pit chip

sampling data. These dataset were gathered and sampled differently and at different times and under different mine managements.

12.1.18.1 Borehole sampling

The exploration boreholes drilled by AAC were cut with diamond saw into two halves.

One half was sampled and sent to the laboratory for analysis and the other half kept in the core yard as a reference core. Figure 68 shows a typical half core sampling done by

Uranium One. Full core sampling is practised by Shiva on the current exploration

boreholes.

12.1.18.2 Diamond drill core

Figure 68 illustrates that the core fits together very well, indicating good recovery as

does most of the cores examined. It is also evident that the same side of the core was sampled which is a good practise. The core was drilled N-size yielding a core with a

diameter of ±52mm.

12.1.18.3 Underground chips sampling data

Chip sampling was carried out in the underground portion of the mine. No records were provided as to what methods were used in the sample collection.

12.1.18.4 In pit chip sampling

The in-pit sampling methodology was audited by The Mineral Corporation and the

method is contained in Section 12.1.14.

The Mineral Corporation considers the information collected during the sampling process

to be suitable for geological interpretation and Mineral Resource estimation.

12.1.19 Database description and audits

Shiva has both hard copy data and an electronic data set.

On a site visit to the Shiva Mine, The Mineral Corporation selected eight boreholes from

the electronic database and validated these against hard copy logs filed in the geology

office. The Mineral Corporation observed that, generally, the physical logs and the electronic database were captured accurately. The Mineral Corporation was satisfied that

the hard copy logs and the electronic database compare well and that the electronic database is therefore an accurate reflection of the information in the hardcopy logs.

12.1.20 Geological model, correlation and mineability

The Au section of Shiva is focused on the mining of the conglomerate and the quartzite

units within the Koedoeslaagte Formation, Jeppestown Subgroup of the West Rand Group. The main economic conglomerate horizons within the Koedoeslaagte Formation

are the 5 Reef, the Upper Reef, Middle Reef, Lower Reef and the Magazine Reef.

T2.4B (i)

T2.3B (i)

T2.4A (ii)

T3.1A (i)

T3.1A (ii)

T5.4A (i)

T4.1A (ii)

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During the course of mining a conglomerate (the primary ore bodies), Shiva also decides

whether to process the quartzite material overlying the conglomerate. As a result, The Mineral Corporation has elected to evaluate these quartzite units in addition to the

conglomerates. The White Bar immediately above the 5 Reef is, strictly speaking, part of the quartzite but, as this is the uppermost potentially economic horizon, the definition of

the mineable portion of this quartzite can be made easily using the grade controlled

sampling. Hence, on a local scale, there are portions that are considered economic. These economic portions are referred to as the 5Q and their Mineral Resources are

estimated the same way as the conglomerates.

The following schematic section (Figure 82) illustrates the stratigraphic position of each of these reefs in the Koedoeslaagte Formation.

Figure 82: Schematic section of the economic conglomerate horizons within the Koedoeslaagte Formation

Scrutiny of the underground mining plans and underground chip sampling for the Koedoeslaagte Formation Reefs is illuminating. It would appear that only the best Au

grade material was selected for mining as can be noted from the Lower Reef example

provided in Figure 83.

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Figure 83: Lower Reef mining areas with the borehole and sampling data Au contents

From Figure 83, it can be noted that the mining of the Lower Reef was restricted to a pay-shoot oriented in a northwest-southeast orientation, with the intervening material of

a lower grade left unmined. A similar pattern emerges from the other reef data but is less pronounced.

12.1.20.1 Structural interpretation

Shiva has compiled a structural interpretation for each of the conglomerates. This

structural interpretation relies heavily on the interpretation derived by AAC which, in itself, was largely informed by underground mapping information. As a result of this

situation, the structural interpretation is more refined than would be expected from the

borehole data available.

The Mineral Corporation reviewed Shiva’s structural interpretation and compared the elevation of conglomerate borehole intersections with the interpretation. Although local

errors were identified and minor changes made to individual contour elevations, the

structural interpretation has largely been accepted for input into the geological modelling and Mineral Resource estimate process.

The key features of the structural interpretation (shown in Figure 81) are a southwest-

northeast oriented synclinal structure, which plunges to the northeast (in the southeast) and to the southwest (in the northeast). A “keel” structure and an elliptical outcrop

pattern have been interpreted. The keel is interpreted to be dislocated by a series of

southwest-northeast trending normal faults, as well as a set of southeast-northwest trending wrench faults. No significant intrusive rocks have been identified.

T4.1B (i)

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Figure 84: Outer Basin reefs long section

Figure 85: Outer Basin reefs cross section

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12.1.20.2 Geological wireframe model

The reference wireframe surfaces were built on the two most commonly occurring conglomerate reef horizons, namely the 5 Reef and the Lower Reef units. For these

reference surfaces, The Mineral Corporation derived fault polygons with elevation contours from the electronic structural interpretation provided by Shiva and each fault

polygon was modelled as a “closed surface” and cut along the intersection with the fault

line. These wireframe surfaces therefore honoured the displacement of the fault blocks, and constrained the reef units spatially.

To generate the surfaces for the other conglomerate units above or below the reference

units, the average middling between the units was estimated for each fault block by analysing contour plans. Wireframes for each of the remaining reef horizons were

generated by translating the reference surfaces by the appropriate middling distance. A

total of 56 faults blocks were generated, each with its own set of average middlings (Figure 86). Although this method of estimating the middlings per fault block may have

resulted in some local discrepancies with borehole data, The Mineral Corporation is of the view that the resulting structural framework provided a practical and robust

constraint for the subsequent Mineral Resource estimates.

Figure 86: Geological wireframe model for the 5 Reef

12.2 Mineral Resource Estimation

12.2.1 Description of data employed

Borehole data, underground chip sampling data and pit sampling data were used in the Mineral Resource estimation process.

For the borehole dataset, not all the conglomerate units were intersected in each

borehole due to some of the areas having been mined out; therefore, drilling could not

proceed deeper than the excavated zones.

T4.2B (i)

T4.1B (i)

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12.2.2 Mineral Resource estimation process

12.2.2.1 Conglomerate estimation philosophy

The Mineral Corporation considered 2D analysis and estimation of reef thickness and cumulative gold contents to be appropriate for the five conglomerate orebodies, as a

result of their relatively narrow thickness (<2m) and because of the typical mining

method, in which each conglomerate is considered for mining independently. The two variables investigated for the conglomerates were therefore defined as:

As the conglomerate estimation was undertaken in 2D, it was not considered necessary to account for the local variation in the dip and strike within the geological model.

12.2.2.2 Quartzite evaluation philosophy

For the quartzite orebodies, which are considerably thicker than the conglomerates, 3D

estimation was considered appropriate, constrained by the geological wireframe model. The variable investigated was therefore:

In order to honour the geological interpretation, The Mineral Corporation elected to use the local dip and strike of the geological wireframes to control the estimates

(Section 12.2.2.10). The use of this process is termed “Dynamic Anisotropy” within the

modelling software Datamine Studio™ and is appropriate where the continuity of grade is interpreted to be parallel with the plane of the geological contacts (as they are in this

case).

12.2.2.3 Data compositing

The data for the conglomerate units was composited over the full reef unit length and

that of the quartzite into 1m units.

Not all the conglomerate units were intersected in each borehole due to some of the

areas having been mined out and, therefore, drilling could not proceed beyond the excavated zones. The number of sample points used in the estimation of each reef unit

is summarised in Table 33.

Table 33: Number of samples

Reef Number of Sampled Points

Content (cmg/t) Thickness (cw)

5Q 397 397

5 846 862

Upper 402 421

Middle 172 183

Lower 475 489

Magazine 37 47

Total 2 329 2 399

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12.2.2.4 Treatment of deflections

Certain of the Uranium One boreholes and the Shiva boreholes were drilled using deflections. These deflections resulted in multiple intersections surrounding the mother

holes; i.e. a “cluster”. The Mineral Corporation considers it best practice to calculate the length-weighted average of the intersections within a cluster to derive a single point for

the borehole, which is then used to inform the Mineral Resource estimates. The

conglomerate evaluation data therefore comprises two datasets, the “intersection” data (which includes all of the individual intersections) and the “cluster” data (averaged from

the intersection data).

The Mineral Corporation considers it best practice to use the cluster data to inform the Mineral Resource estimates as they represent a larger sample for the Au contents

whereas the intersection data can be employed to estimate the nugget effect

(Section 7.3.2.7).

12.2.2.5 Spatial Analysis

12.2.2.5.1 Maps of content and thickness plots

The following maps show the content and thickness plots for the upper most quartzite (Figure 87 to Figure 88) and the conglomerate units (Figure 89 to Figure 86) modelled

for this Project in the Outer Basin.

Figure 87: 5Q data distribution and content plot

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Figure 88: 5Q data distribution and reef thickness plot

Figure 89: 5 Reef data distribution and content plot

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Figure 90: 5 Reef data distribution and thickness plot

Figure 91: Upper Reef data distribution and content plot

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Figure 92: Upper Reef data distribution and thickness plot

Figure 93: Middle Reef data distribution and content plot

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Figure 94: Middle Reef data distribution and thickness plot

Figure 95: Lower Reef data distribution and content plot

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Figure 96: Lower Reef data distribution and thickness content plot

Figure 97: Magazine Reef data distribution and content plot

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Figure 98: Magazine Reef data distribution and thickness plot

12.2.2.5.2 Geological domaining

The Mineral Corporation has attempted to domain the data provided using gold content

(cmg/t), the channel thickness and the structural blocks based on the most recent structural interpretation provided by Shiva. Three domains were obtained for each

conglomerate reef unit; however, as this resulted in only few data per domain, that was insufficient to carry out any meaningful statistical analysis. It was therefore, decided to

utilise only one single domain per reef unit.

12.2.2.6 Statistical analysis

The combined borehole and chip sample dataset has been used in the geostatistical analysis and the grade estimation of both the conglomerate and the quartzite units.

Statistical analysis such as descriptive statistics, histograms, probability and log probability plots were generated for each reef horizon. The histograms were used to

identify conglomerate units with width/length values, which were inconsistent with the

data trend. In these cases, The Mineral Corporation went back to the original borehole data and re-interpreted the intervals to fit the population distribution. The statistical

results are depicted in Table 34 and in Figure 99.

It is noted from Figure 93 that the distribution of the cmg/t and cw (in cm) variables are typically skewed, and approximate a log-normal distribution. Table 34: Summary statistics

Reef Parameter No. of samples Min Maximum Mean Variance Std. Dev CoV

5Q cmg/t 397 0.11 755.76 64 7 233.86 85.05 1.34

5 cmg/t 841. 0.76 4 036.00 499 285 080.67 533.93 1.07

Upper cmg/t 402 0.56 3 292.00 307 16 815.84 403.50 1.31

Middle cmg/t 172 0.22 2 025.00 148 59 555.28 244.04 1.65

Lower cmg/t 475 0.67 5 774.84 780 573 702.53 757.43 0.97

Magazine cmg/t 37 0.76 487.46 121 15 710.79 125.34 1.03

5Q cw (cm) 397 1.00 781.00 121 7 463.67 86.39 0.72

5 cw (cm) 861 10.00 2 044.00 110 7 666.50 87.56 0.79

Upper cw (cm) 421 3.00 698.00 103 6 134.94 78.33 0.76

Middle cw (cm) 183 3.00 4 009.00 123 91 450.73 302.41 2.45

Lower cw (cm) 489 6.00 760.00 141 9 399.04 96.95 0.69

Magazine cw (cm) 47 2.00 742.00 264 40 415.95 201.04 0.76

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Figure 99: Histograms

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12.2.2.7 Capping

Capping or top cutting is applied to control the effect of extremely high values or outliers on the population distribution. Based on the histograms for each reef unit, no capping

was applied because of the lack of extreme high values.

12.2.2.8 Conglomerate variography

Experimental variograms were calculated for each of the six conglomerate units. As

described in Section 12.1.20, a trend which is oriented in a southeast-northwest

direction or approximately down dip, is interpreted in both the cmg/t and cw data, particularly in the Upper Reef. It is also noted that this trend is parallel to the orientation

of the limit of the historical mining, which lends further support to the interpretation. The Mineral Corporation identified anisotropy in the conglomerate variograms, which had

a long-range which was parallel to the interpreted trend. For the conglomerates in which

a lack of data was interpreted to result in this anisotropy not being evident, the anisotropic trend was still applied on the basis that not doing so would allow the

smearing of high-grades along strike. The eventual model, although cognisant of the chip sampling, is not unduly affected by the chip sampling high Au grades.

The nugget effect for the conglomerate reefs variable was estimated from the nugget

effect of the intersection data. This nugget effect is derived from a dataset, which has a higher variance than the cluster data, and was adjusted to fit the cluster data by

applying the relationship described by Rendu (1978) whereby:

The average number of deflections is likely to be two to three deflections. Figure 100 depicts the modelled variograms for all the conglomerate units. It is noted that well

structured anisotropic variograms can be interpreted for most of the variables, and that second order stationary is typically achieved, permitting the use kriging for the

interpolation of all of the variables. The variogram model parameters used in the grade estimation process for all the conglomerate units are shown in Table 35. Table 35: Variogram model parameters for conglomerate units

Reef and

variable Rotation Nugget

1st Structure 2nd Structure

Sill Long axis

Short axis

Variance Long axis

Short axis

Variance

5Q cmg/t

1 719.8 115.0 115.0 5 488.5 140.0 140.0 43.8 7 252.1

5Q cw

259.8 240.0 240.0 7 222.7 - - - 7 482.5

Reef5 cmg/t -35.0 85 035.0 115.0 115.0 200 162.3 - - - 285 197.3

Reef5 cw

650.2 350.0 350.0 7 030.4 - - - 7 680.6

UReef cmg/t -35.0 54 846.0 65.0 120.0 108 375.9 - - - 163 221.9

UReef cw

543.3 150.0 450.0 5 606.3 - - - 6 149.6

MReef cmg/t -35.0 20 367.0 75.0 140.0 39 536.6 - - - 59 903.6

MReef cw

3 578.6 240.0 300.0 88 374.6 - - - 91 953.2

LReef cmg/t -35.0 200 009.0 57.0 87.0 231 338.9 84.0 157.0 143 565.0 574 912.9

LReef cw

959.2 500.0 500.0 8 459.1 - - - 9 418.3

Mag cmg/t

1 571.1 130.0 200.0 14 576.1 - - - 16 147.2

Mag cw

11 123.0 220.0 220.0 23 861.8 - - - 34 984.8

12.2.2.9 Quartzite variography

In order to control the quartzite estimates using Dynamic Anisotropy, a three dimensional variogram with an XY-orientation in the plane of the geological wireframe

and a Z-orientation orthogonal to the geological wireframe is required. The XY plane was

achieved by “flattening” the quartzite data, and analysing two-dimensional experimental variograms, while the Z dimension was achieved by analysing the downhole variogram.

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Figure 100: Variograms for Au content and thickness

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Figure 100: Variograms for Au content and thickness continued

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12.2.2.10 Conglomerate grade estimation

Grade estimation for the conglomerates was carried out using Datamine Studio (Version 3.22) and the data and models are stored on the “Spatial Data” server at The

Mineral Corporation offices in Bryanston, and are backed up on a weekly basis by a reputable backup service provider.

After the initial sample length or units had been composited to full reef composites, OK

was used to estimate the cw and cmg/t variables into a 2D block model, with a block

size of 100m x 100m x 1m. The sampling density is variable, in that the underground sampling was undertaken at intervals of between 5m to 20m, the open pit sampling at

intervals of between 2.5m and 5m and the borehole drilling at intervals of between 100m and 200m. The block size selected was a compromise between these sample

densities.

A three-stage search strategy was employed, with the first search being equal to the

length of the variogram; the second search being three times the length of the variogram; and the third search being ten times the range of the variogram. The cw

variable was then used to replace the block height.

12.2.2.11 Quartzite grade estimation

In order to honour the folding, which is interpreted while still carrying out the estimation

of the quartzite in 3D, the estimation utilised the local dip and dip direction of the

geological wireframes. The quartzite evaluation was only informed by borehole drilling and open pit sampling. The open pit sampling was undertaken at intervals of between

2.5m and 5m and the borehole drilling at intervals of between 100m and 200m.

An initial estimation of the local dip and dip direction was undertaken, utilising the orientation of the individual wireframe triangles of the geological wireframes as input

data. In this way, a block model of dip and dip direction was achieved. This local

structural data was then used to control the orientation of both the variogram and the search ellipse used in estimating grade.

OK was employed to estimate the Au variable into a block model of 25m x 25m x 1m,

which was constrained between the highest conglomerate reef (usually the 5 Reef wireframe) and the lowest conglomerate reef (usually the Magazine Reef wireframe).

A two-stage search strategy was employed. The first search was equal to the range of

the interpreted quartzite variogram while the second search maintained the range of the

variogram in the Z-orientation, being expanded to two times the range of the variogram in the XY plane. This resulted in grades being extrapolated parallel to the geological

wireframes.

12.2.2.12 Block model compilation

In compiling the block model, the 2D conglomerate block models were draped onto their

respective wireframes and then added to the quartzite block model, resulting in a 3D

block model for subsequent evaluation.

12.2.3 Geological losses

From the AAC plans for the historical mining of the conglomerate reefs, a geological loss

was measured from the interpreted faults and intrusives to be 6% of the area mined. Also from the plans, it would appear that a method of mining employing small pillars

was used that, from the CPs experience, locks up circa 8% of the area mined. As these

pillars are now being mined out, the geological loss is balanced with the remnant pillars and, as such, no geological loss needs to be applied.

T4.2B (iii)

T8B (iii)

T2.1B (i)

T4.2B (iii)

T4.2B (iv)

T4.2B (iv)

T4.1B (iv)

T4.2B (iii)

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12.2.3.1 Geological continuity

The factors used to establish geological continuity were the borehole data spacing, borehole data distribution and geological structural continuity. There are numerous

geological structures that are intersected throughout the mine. Some faults are associated with vertical displacements in the region of 20m and downthrow to the north

and south resulting in a series of horst, graben and half graben features (Figure 84 and

Figure 85).

The southeastern limb of the Rietkuil Syncline dips at approximately 25° to the northwest. The northwestern limb has steep (occasionally slightly overturned), variable

dips to the southeast. In the Bonanza South area, the syncline plunges to the south. On the steep northwestern limb of the syncline, the younger Inner Basin Reefs dip

steeply to the southeast, while the Outer Basin Reefs are overturned and dip steeply to

the northwest.

The high-wall of the current open pit of approximately 120m length provides a good continuous exposure of the 5 Reef and the Upper Reef.

12.2.4 Mineral and geological continuity

The parameters in the dataset provided by the mine that have been used in determining

geological and mineralisation continuity are Au abundances (g/t) and cw as well as the interpreted variogram ranges. The mineralisation continuity for the interbedded

quartzite is based mainly on the variogram analyses, the results of which indicate a maximum range of the 84m.

The variogram analysis of the gold contents of the conglomerate units yielded a lower range of 50m for the Upper and Middle Reef and an upper range of 200m for the 5 Reef.

This indicates that the mineralisation continuity in terms of Au content is a structured variable and does not only have a nugget effect.

Areas with good geological and mineralisation continuity are required to assist in the classification of the Mineral Resource into the different confidence categories.

Figure 101: 5Q Au grade continuity

T4.1A (iv)

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T1.5A (ii)

Figure 102: 5 Reef Au grade continuity

Figure 103: Upper Reef Au grade continuity

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Figure 104: Middle Reef Au grade continuity

Figure 105: Lower Reef Au grade continuity

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Figure 106: Magazine Reef Au grade continuity

12.3 Mineral Resource Classification

The Mineral Resources for the Au section of the Project have been reported in Indicated

and Inferred Mineral Resource categories. These Mineral Resources have been categorised and reported in accordance with the definitions embodied in the SAMREC

Code and reflect the CP’s view of the deposit.

12.3.1 Mineral Resource classification criteria

A number of factors relevant for the classification of Mineral Resources have been taken into account when considering the final Mineral Resource classification. These factors

include relative confidence in tonnage/grade estimation, density, quality, value and distribution of primary data and information, confidence in continuity of the geological

and mineralisation models. The first factor, Kriging Efficiency, is used as a primary

indicator, but the final Mineral Resource classification is a function of the confidence of the whole process from drilling, sampling, geological understanding, QAQC and

geostatistical relationships. The parameters used are as follows:

Geostatistical confidence (Kriging Efficiency);

Geological confidence;

QAQC;

Sample spacing or drilling density; and

Previous mining activity.

The criteria utilised under each of these parameters as discussed in the following

commentary.

12.3.2 Kriging Efficiency

Kriging Efficiency (KE) is used as a measure of the geostatistical confidence in the estimates. KE is calculated as follows:

T7B (iv)

T7B (i)

T7B (iii)

T4.1A (iii)

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The following categorisation guide, which is adapted from Mwasinga (2001), is

considered:

KE > 50% = Measured;

KE > 30 < 50% = Indicated, and

KE < 30% = Inferred.

12.3.3 Structural interpretation

The structural interpretation for the Au section is considered to be relatively robust. However, The Mineral Corporation has estimated the individual middlings between the

reef wireframes on a structural block basis, rather than building individual wireframes for

each block model per reef. This may have resulted in local inconsistencies between the structural model and the borehole data.

12.3.4 Reef outcrop position

The outcrop position gives confidence in the reef occurrence and strike extent to the

shallower mineralisation. The outcrop for the Koedoeslaagte Formation has been used to constrain the global estimates, but detailed outcrop mapping for the individual

conglomerates is not available.

12.3.5 QAQC

The Mineral Corporation carried out independent analytical quality control checks to certify that the analytical data are of sufficient quality on which to base the Mineral

Resource estimate. In The Mineral Corporation’s view, the only limitation on the Mineral Resource classification which is imposed by the QAQC results, is that blocks which are

informed largely by grades derived from the in-pit sampling (analysed by SuperLabs), should not be considered for the Measured classification.

12.3.6 Final classification

Each conglomerate has been classified independently, and the results are illustrated in

Figure 107 to Figure 111. The quartzite has been classified as a single unit, as it was also estimated.

The Mineral Resources have been classified as either Inferred or Indicated, guided by their KE and other parameters as discussed in Section 12.3.3 to Section 12.3.5. As the

conglomerate estimates are performed in two-dimensions, the grade and thickness estimates are not affected by local structural inconsistencies. The quartzite estimates

could be impacted by local inconsistencies in the structural interpretation, and hence areas in which inconsistencies have been identified, have been downgraded to Inferred.

Despite the fact that certain portions of the Mineral Resource could potentially be considered as Measured, The Mineral Corporation has downgraded all potentially

Measured blocks on the basis of the QAQC results, and the potential for local structural inconsistencies.

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Figure 107: 5Q Mineral Resource classification

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Figure 108: 5 Reef Mineral Resource classification

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Figure 109: Upper Reef Mineral Resource classification

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Figure 110: Middle Reef Mineral Resource classification

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Figure 111: Lower Reef Mineral Resource classification

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Figure 112: Magazine Reef Mineral Resource classification

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12.4 Mineability, Mining Economics and Cut-off Grade

The Au bearing reefs have historically been exploited using underground and surface mining methods. Underground mining has targeted areas with highest grades while

surface mining exploited shallow Mineral Resources. At the current global average in situ grade of approximately 0.94g/t Au for the gold reefs, an opencast operation with a

limited stripping ratio is the most probable mining method.

Techno-economic factors used by The Mineral Corporation to assess the reasonable

prospects for eventual economic extraction and the determination of cut-off grade for the Au Mineral Resources are as follows and have been based upon a high-level

technical review:

Estimated average operating cost of R193/t processed;

Plant recovery of 80%; and

Gold price of ±US$1 500/oz.

In an open pit environment, the identification of the various reef types is not a problem

as they can be identified on the encompassing quartzite, the pebble assemblage and pebble size. For instance, the Lower Reef is a polymictic conglomerate containing clasts

of granite, shale and black and white chert interbedded in a grey quartzite with a grey quartzite hangingwall. The Upper Reef, on the other hand, is a pebbly quartzite

composed of layers of conglomerate with black and white quartz vein pebbles in a

brown/cream quartzite and a white massive quartzite hangingwall.

The quartzite is inter-bedded between the conglomerates. Although it can be identified macroscopically, the decision to treat as ore feed would be dependent on sampling and

an assay cut-off, whereas the conglomerates could be mined in their entirety once a mining block has been selected. It should be noted that, as the conglomerates in the

evaluation estimation process are evaluated over the geological width and removed from

the Mineral Resource estimates based on the mining plans, there is the potential for the hanging walls and footwalls of the historical stopes to contain what was considered at

the time reef material of an inferior grade. Thus, the Mineral Resource model is likely under-estimating the in situ tonnage and gold contents in areas of historical mining. To

gauge the degree of underestimation is not possible without some reliable reconciliation data.

The Mineral Resources are quoted at a >0.4g/t Au cut-off, to a depth of only 75m below

surface and >100m from the river and man-made lake, which are depicted in Figure

113.

12.5 Mineral Resource Statement

The Mineral Resource estimate is depicted in Figure 113 and contained in Table 36.

Table 36: Mineral Resources by geological unit

Classification Unit Tonnage

(Mt) Density (t/m3)

Grade (g/t)

Au (Moz)

Indicated Quartzite 11.84 2.75 1.03 0.391

5Q 0.91 2.78 0.72 0.021

Reef 5 0.18 2.78 3.74 0.021

Upper Reef 0.09 2.78 0.86 0.002

Middle Reef 0.10 2.78 1.73 0.006

Lower Reef 1.23 2.78 1.56 0.062

Magazine Reef 1.06 2.78 0.70 0.024

Sub-total 15.41 2.76 1.06 0.527

Inferred Quartzite 22.17 2.75 0.68 0.481

5Q 2.36 2.78 0.51 0.039

Reef 5 2.03 2.78 2.00 0.130

Upper Reef 2.41 2.78 0.82 0.064

Middle Reef 1.39 2.78 1.14 0.051

Lower Reef 1.43 2.78 1.07 0.049

Magazine Reef 4.14 2.78 0.64 0.086

Sub-total 35.94 2.76 0.78 0.900

Total 51.35 2.76 0.86 1.427

T5.4B (i)

T8B (ii)

T5.4B (ii)

T5.7B (i)

T5.7B (iii)

T5.7B (ii)

T2.6

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Figure 113: Plan showing the Mineral Resources area in relation to the inland water body

12.6 Reconciliation with Previous Mineral Resource Statements

This is the maiden Mineral Resource Model for this orebody composed of conglomerate

reefs as well as interbedded quartzite (Table 36).

12.7 Block Model Reconciliation

A reconciliation of the mean block model grades, with the declustered mean borehole grades, is contained in Table 37. This reconciliation was completed using a zero cut-off

and no depth restriction, and utilised a 250m x 250m declustering grid.

Prior to the application of mining depletion, a good reconciliation is noted for the

quartzite model, as well as for the 5Q, Upper, Middle and Magazine Reefs. The reduction in grade in the block models after depletion is expected, and is interpreted to be as a

result of historical mining having typically been concentrated in higher grade areas. The block model grades in 5 Reef and the Lower Reef are significantly lower than the mean

borehole grades. In these two reefs, the historical data is particularly badly “clustered”

around a few high grade areas, resulting in the block grades being higher than the borehole grades, in spite of the declustering process undertaken. Nevertheless, the

reconciliation illustrates that the high grade historical data has not had an undue bias on the block models.

Table 37: Reconciliation of Mineral Resource grades

Declustered borehole

mean (g/t) Block model

(before depletion) (g/t) Block model mean

(after depletion) (g/t)

Quartzite 0.45 0.43 0.43

5Q 0.65 0.66 0.48

Reef 5 4.60 2.50 2.09

Upper Reef 1.67 1.64 1.86

Middle Reef 1.92 1.77 1.79

Lower Reef 4.87 2.77 2.86

Magazine Reef 0.61 0.66 0.64

T1.3B (i)

T4.2B (iv)

T8B (iv)

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12.8 Gold Marketing

As Au can be sold on various markets at the spot price ruling at the time of sale, this marketing review is restricted to a review of the historical spot price.

Figure 114: Au spot price over the last ten years (London pm fix)

It can be noted from Figure 114 that, over the last year, the Au price (London pm fix)

has remained between US$1 200 and US$1 400 per ounce but, over the last ten years,

the price trajectory has been upwards.

13 RISK ASSESSMENT

13.1 Background

Mineral projects, by their nature, possess a certain degree of operational, political, economic and other risks, some of which may have the potential to detract from the

project plans. What is critical is that the project owners be aware of the risks and develop appropriate risk mitigation measures.

The Mineral Corporation has identified potential risks to the uranium and gold projects at

Shiva, and these are described below. It is understood that Shiva is aware of these risks

and intends to complete a feasibility study within which it plans to undertake a comprehensive risk assessment as well as develop risk mitigation procedures for the

projects.

13.2 Tenure

No immediate risks to tenure have been identified in the review. However, in order for Shiva to comply with the MPRDA, the company will need to update and report changes

where applicable, particularly but not limited to the SLPs and EMPs.

The Minister of Mineral Resources has indicated that uranium may become a “strategic” mineral due to its energy related attributes, but it is not known how this could affect the

project development if this was to happen.

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

02

-Au

g-0

4

02

-De

c-0

4

02

-Ap

r-0

5

02

-Au

g-0

5

02

-De

c-0

5

02

-Ap

r-0

6

02

-Au

g-0

6

02

-De

c-0

6

02

-Ap

r-0

7

02

-Au

g-0

7

02

-De

c-0

7

02

-Ap

r-0

8

02

-Au

g-0

8

02

-De

c-0

8

02

-Ap

r-0

9

02

-Au

g-0

9

02

-De

c-0

9

02

-Ap

r-1

0

02

-Au

g-1

0

02

-De

c-1

0

02

-Ap

r-1

1

02

-Au

g-1

1

02

-De

c-1

1

02

-Ap

r-1

2

02

-Au

g-1

2

02

-De

c-1

2

02

-Ap

r-1

3

02

-Au

g-1

3

02

-De

c-1

3

02

-Ap

r-1

4

02

-Au

g-1

4

Lo

nd

on

pm

Au

Pri

ce

Fix

(U

S$

s)

Date of Price Fix

T5.8A (i)

T10A (i)

T2.18

T10B (i)

T6 B (i)

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13.3 Environmental

Inconsistencies between the existing and planned future mining operations and those described within the approved EIA and EMP have been identified, the most significant of

which being the opencast gold mining activities on 400MR and 401MR. A Section 102 application to the DMR with the necessary updated EIA and EMP that includes the

opencast gold mining activities on 400MR and 401MR is currently ongoing. The

necessary Section 55 (2) reports have not been submitted to the DMR as a result of the Section 102 process.

The WUL was issued for the water uses at the mine in 2006 (License No. 23011606/11)

and pertained largely to activities undertaken in terms of the underground uranium mining, processing, residue handling and water management thereof. It is, therefore,

likely that a number of additional water uses are being undertaken in terms of the gold

mining activities within the 400/401MR section, which are not contemplated in the existing WUL. In order for compliance to be achieved, Shiva is required to amend the

current WUL. Should Shiva fail to submit an amended WUL, it will be in violation of the current WUL.

The environmental risks are mostly considered to be related to compliance issues that may invoke delays to development of the project or production with knock-on effects to

revenues and costs.

13.4 Geology and Mineral Resources

Geological data that has been used for the estimation of Mineral Resources for Shiva

was generated from several exploration campaigns and historical mining. There are

issues with regards to the quality of the assay data, which have precluded the reporting of Measured Mineral Resources in areas where there is sufficiently high confidence in the

geological and structural models. Furthermore, the use of assumed densities for tonnage estimation has also precluded the reporting of Measured Mineral Resources. Accordingly,

the available Mineral Resources at Shiva can only be converted to Probable Mineral

Reserves. The Mineral Corporation is of the view that additional work in respect of drilling, sampling and assaying and density determinations will be required to address

these issues. Shiva is aware of these data quality issues and is currently exploring mitigation measures to improve the quality of the data.

13.5 Plant and Ore Processing

Mineralogical and metallurgical testwork completed at Shiva formed the basis for the

existing uranium ore processing plant designs and process routes. There is a variation of the plant design from conventional plants employed to treat Witwatersrand uranium

ores, which relates to the inclusion of autoclave units. The plant is in a good mechanical condition. However, it was not in operation for sufficient time by the previous owners to

allow for the optimisation of throughputs, reagents mix and metal recoveries. As a

result, there are uncertainties regarding these aspects, which may result in the requirement to reconfigure the plant design, particularly the replacement of autoclave

units with pressure leach tanks, if it fails to achieve design targets. While this does not represent a fatal flaw in the design, the reconfiguration may require significant capital

expenditure. Furthermore, the plant is a high-technology plant, requiring appropriately

skilled personnel to run it, which may not be readily available to Shiva. This can be mitigated by upgrading the skills of the current metallurgists at the mine.

For the gold ore processing plant, the crushing unit and steel works are not in a good

mechanical condition. Refurbishment of the plant infrastructure, which may require significant capital expenditure, will be required if the plant is to be run at its nameplate

production capacity of 120ktpm.

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13.6 Mining

There are uncertainties regarding the quantity of groundwater and the costs of pumping water from underground excavations. It is understood that these uncertainties will be

dealt with in detail in the envisaged feasibility study.

There is a national shortage of electricity supply by the Electricity Supply Commission of

South Africa (ESKOM) and this may impact Shiva’s plans to commence production.

13.7 Marketing

Most U3O8 is traded through long-term bilateral agreements between mining companies

and nuclear power utilities seeking security of supply. Following the Fukushima nuclear disaster, the spot prices of U3O8 have dropped 51% to near industry breakeven prices.

Accordingly, the success of the uranium project at Shiva could be tied to Shiva’s ability

to secure offtake arrangements with end users for long-term supplies, which tend to offer better prices that can provide sufficient headroom over costs.

14 PROJECT VALUATIONS

14.1 Mineral Asset Valuation

The Mineral Asset Valuation has been completed in terms of the SAMVAL Code (2008) as

amended July 2009 based on the Mineral Resources contained in Section 11.5 and Section 12.5. As only Mineral Resources are reported and no Mineral Reserves, it is

appropriate to only employ the Cost and Market approaches. D. R. Young has been assisted by A. Hart and L. Mutongoreya in the Mineral Asset Valuation.

14.1.1 Cost approach

The cost approach necessitates placing a replication cost in today’s terms for the

acquisition of the mineral rights and the exploration data so similar Mineral Resources could be reproduced.

14.1.2 Market approach

The Market approach necessitates placing a value on the Mineral Resources based on

similar trades of U3O8 and Au Mineral Resources. The data of trades can be distilled down to a price per unit metal contained in the traded Mineral Resource; in this case, it

would be US$/lb U3O8 and US$/oz Au. This data can be further refined into a

percentage of the spot metal price (the ratio) ruling at the time, thus negating the need to bring the price paid into current monetary terms. It is not always possible to

understand the classification of the U3O8 or Au Mineral Resources thus they are all treated as of equal stature. It should be noted that this is not a precise science and that

estimates of value by this method are reported based on generally publically available information. Trades of Mineral Resources of similar project in terms of metal grade,

style of mineralisation, structural setting, country and classification of Mineral Resources

may not be available. In these cases the CV has to use whatever is available and interpret the data as best as possible.

14.1.3 Uranium Section

The Uranium Mineral Resources are based exclusively on surface exploration drilling,

albeit historical mining has taken place and has depleted minor portions of the Upper and Lower Dominion Reefs.

14.1.3.1 Cost approach valuation of the data

Due to the data being generated over a protracted period, the cost approach necessitates placing a replication cost in today’s (2014) terms for the acquisition of not

only the mineral rights and the exploration data but also the core storage facility as well

12.9 (f)

T2.8

T2.14

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as the cost of maintaining the mineral rights since acquisition. It is thus not a “book

value” but a value of the budget required today to the works over circa 10 years.

As discussed in Section 5.1 uranium exploration at Shiva since 1919 entailed diamond drilling during several drilling campaigns. However, owing to concerns with quality

assurance and control in relation to the pre-2004 data, only the exploration data

acquired by AAC between 2004 and 2005 and by Uranium One between 2005 and 2008 has been used to compile the Mineral Resource estimates. A total of 273 785m of

drillcore was recovered and geologically logged. Mineralised units intersected were sampled and chemically analysed. However, historical costs associated with this drilling

campaign (i.e. for exploration management, drilling, logging, consumables, analyses, etc.) are not available and The Mineral Corporation has utilised 2014 costs for replicating

the exploration work, with a view to produce a reasonable total cost estimate.

Similarly, historical costs for establishing core storage facilities at the mine are not

available and The Mineral Corporation has used costs that are likely to be incurred for establishment a similar facility in 2014. Owing to the fact that the same storage facility is

used to store drillcore from the uranium and gold project, the costs attributable to the

uranium project are assumed to be half of the total set up cost for the core storage facility. A storage period of 10 years is based on the premise the project would have

this length of life at an estimated cost of R120 000 per annum limited to labour and maintenance.

The Mineral Corporation has included in the total cost the actual Mineral Rights

management costs incurred since the acquisition of the project by Shiva, which have

been provided by Shiva. These annual costs have been escalated to 2014 money terms using average annual mining escalation rates for South African gold-uranium mines and

have been split equally between the uranium and gold Projects.

The Mineral Corporation has utilised an average Rand/Dollar exchange rate of 8.42 for

2009 to convert the project cost into Rand terms. The result has been escalated to 2014 money terms using average annual mining escalation rates for South African gold-

uranium mines. The total exploration costs based on the foregoing are contained in Table 38.

Table 38: Cost approach elements and values for the U3O8 section

Item Unit Amount/Factor Cost per unit Cost

Drilling metre 273 785 R 1 500 R 410 677 500

Logging metre 273 785 R 10 R 2 737 850

Core yard set up costs Once off 1 R 1 250 000 R 1 250 000

Core storage and management years 10 R 120 000 R 1 200 000

Gold Fire Assay per sample 95 646 R 181 R 17 311 836

U pressed pellet per sample 96 812 R 336 R 32 528 698

Sample preparation per sample 96 812 R 83 R 8 035 363

Mineral Rights management cumulative escalation factor 1.25 R 2 500 000 R 3 125 534

Total Exploration Cost

R 476 869 060

Based on the data in Table 38, the cost approach valuation of the uranium section

mineral assets is estimated R476.9M.

14.1.3.2 Market approach valuation of the U3O8

A database of all of the publically available U3O8 Resources related trades between the period 15 May 2006 and 15 February 2014 has been constructed for 26 trades of U3O8

resource projects and is contained in Table 39. This data has been accessed from the

public domain and essentially applies a value to a project based on the contained U3O8 content in lbs. It contains trades of Mineral Resources that are different in location,

geology and mineralisation, size, grade and Mineral Resource classification, but all of the same stature; Mineral Resources and not Reserves. As the SAMVAL Code states that

T2.11

T2.17

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“Application of certain logic in Valuation, such as ‘gross in-situ value’ simply determined

from the product of the estimate of mineral content and commodity price(s) without applying appropriate modifying or discounting factor(s), is unacceptable.” the trade

US$/lb is divided by the U3O8 spot price ruling at the time of the trade to obtain an acceptable discount factor. For example, the first trade in Table 39 reports a price

payment of US$4.536/lb and the spot price was US$42.75 at the time of the trade, thus

4.536/42.75=10.61%, the “price ratio”. The price ratios have been analysed to determine what would be suitable to apply to the current U3O8 spot price for the mineral

asset valuation. Table 39: U3O8 Resources trade data

Date Location Attributable

U3O8 (Mlbs)

Effective US$/lb

U3O8 Paid

Ratio

(%)

Spot Price

(US$)

Project U3O8

Grade (g/t)

Mineral Resource

Classification

15-May-06 Namibia 13.228 4.536 10.61 42.75 150 Inferred

31-Dec-07 South Africa 106.586 3.265 3.67 89.00 Unknown

31-Dec-07 South Africa,

Namibia and CAR 259.674 9.627 10.82 89.00 Various

17-Jan-08 Canada 0.551 5.443 6.98 78.00 10 Historical/Inferred

09-Jul-08 Australia 70.000 7.071 10.96 64.50 35 Conceptual

27-Feb-09 Australia 8.295 5.907 13.27 44.50 100 Inferred

06-Mar-09 Peru 9.200 0.060 0.14 42.00 15 Inferred

14-Apr-10 North America 10.222 1.076 2.58 41.75 12 Historical/Inferred

15-Apr-10 South Africa 250.883 0.147 0.35 41.75 481 Indicated/Inferred

14-May-10 North America 18.300 0.109 0.27 40.75 5 Indicated

15-Feb-11 Tanzania 101.400 10.039 14.66 68.50 400 Unknown

15-Nov-11 Canada 57.900 11.128 21.10 52.75 86200 Indicated/Inferred

15-Feb-12 Namibia 513.694 6.198 11.92 52.00 412 Unknown

15-Feb-12 Canada 18.9000 7.937 15.26 52.00 40500 Variable

31-Mar-12 South Africa 54.593 1.374 2.69 51.10 Measured/Indicated

15-Apr-12 Namibia 10.646 0.366 0.71 51.25 190 Measured/Indicated/I

nferred

15-Aug-12 South America 52.000 0.733 1.52 48.25 1500 Indeterminate

15-Aug-12 Australia 139.000 3.122 6.47 48.25 1300 Indicated/Inferred

15-Nov-12 Namibia 51.369 4.146 8.59 48.25 Unknown

15-Feb-13 North America 285.8000 9.797 23.33 42.00 700 Indeterminate

15-Feb-13 Canada 7.8000 8.846 21.06 42.00 13300 Indicated/Inferred

15-May-13 North America 28.1000 1.004 2.48 40.45 3200 Measured/Indicated/I

nferred

15-Aug-13 Australia 24.000 1.458 4.23 34.50 600 Indicated/Inferred

15-Nov-13 Peru 35.6000 0.056 0.16 36.08 200 Measured/Indicated/I

nferred

15-Nov-13 Canada 100.000 1.557 4.32 36.08 23000 Target

15-Feb-14 Mali 45.000 0.578 1.63 35.38 1100 Indicated/inferred

In the analyses of the trades, not only can the trades be considered on an equal basis but also as weighted by the U3O8 contained metal in the trade. In scrutinising the price

ratios for acceptability, the statistics in Table 40 emerge for the different categories. It is interesting to note that of the various types of trades, they all have similar averages

with the exception of the South African and Measured, Indicated & Inferred Trades; the

latter indicating that a higher classification of Mineral Resource may have a negative impact on the price ratio, which is counter-intuitive.

Table 40: U3O8 trade data price ratio statistics

Parameter All

Trades

South African

Trades

Measured, Indicated

& Inferred

Indicated

& Inferred Target

>1 000g/t

U3O8

<1 000g/t

U3O8

>1 000Mlbs

U3O8

Average 7.68% 2.24% 1.51% 9.14% 7.64% 9.23% 7.15% 9.44%

Wt Average 9.92% 1.52% 1.78% 4.93% 7.05% 7.19% 11.49% 12.84%

Maximum 23.33% 3.67% 2.69% 21.10% 10.96% 21.10% 23.33% 23.33%

Minimum 0.14% 0.35% 0.16% 0.35% 4.32% 1.52% 0.14% 0.35%

The next item to scrutinise was the price ratio paid with time. A plot of the price ratio

and spot U3O8 price with time is presented in Figure 115. (It should be noted that there

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are six occasions where the spot prices are identical and the trade date is identical thus

the points overlay each other).

Figure 115: U3O8 resource transaction plot of price ratio, spot price and date of transaction

From Figure 115, it can be noted that, since May 2013, more conservative ratios would

seem to be applied to the currently depressed U3O8 spot metal price in accord with the South African price ratios (Table 40) and indicate that a step change has occurred in the

price ratios. This effect can also be noted for the period mid-2009 to mid-2010 with ratios of less than 5% with a U3O8 spot price of circa US$40/lb. This data with the data

in Table 40 lead the CV to conclude that all of the data in Table 39 are relevant as long

as they are interpreted adequately. Thus, in the following commentary the method of interpretation is provided.

The latest five trades are scrutinised separate from the whole data and then compared

with the whole data set. The statistics for the five trades utilising the two methods is provided in Table 41.

Table 41: U3O8 five trading ratio statistics for both equal and weighted methods

Parameter Equal Weighting Statistics Metal Weighted Statistics

Average Ratio 2.56% 2.35%

Number 5 195.50

Standard Deviation 1.58% 1.44%

Upper 90% Confidence Limit 4.25% 2.52%

Lower 90% Confidence Limit 0.88% 2.18%

From Table 41, it can be noted that, by treating the trades on an equal basis or metal weighted basis, similar average ratios result but with a higher spread at the 90%

confidence limits for the equal basis data. A similar analysis of all of the data has been completed and is contained in Table 42.

Table 42: U3O8 all trading ratio statistics for both equal and weighted methods

Parameter Equal Weighting Statistics Metal Weighted Statistics

Average Ratio 7.68% 9.92%

Number 26 2273

Standard Deviation 6.94% 7.49%

Upper 90% Confidence Limit 10.06% 10.18%

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Lower 90% Confidence Limit 5.31% 9.66%

As the project contains a significant volume of U3O8, a plot of the attributable U3O8 Mlbs

traded versus the price ratio has been scrutinised. It becomes apparent that, for the

greater than 100Mlbs U3O8, generally higher ratios apply. This data is presented in Figure 116 and was noted in Table 40.

Figure 116: Relationship between attributable U3O8 Mlbs and the price ratio

From Figure 116, the five data points discussed above are indicated separately and are noted to be trades of 100Mlbs U3O8 and less. The eight trades of >100Mlbs have been

considered on an equal basis and as weighted by the U3O8 contained metal in the trade.

This data is presented in Table 43. Table 43: Trades of U3O8 content greater than 100Mlbs for both equal and weighted methods

Parameter Equal Weighting Statistics Metal Weighted Statistics

Average Ratio 9.51% 6.82%

Number 8 842

Standard Deviation 6.85% 6.19%

Upper 90% Confidence Limit 14.43% 7.17%

Lower 90% Confidence Limit 4.59% 6.47%

The data contained in Table 41 to Table 43 are presented in Figure 117 as a comparison

of results. The case type refers to the six sets of statistics in these tables.

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Figure 117: Comparison of Price Ratios for the six U3O8 cases; averages and 90% confidence

limit intervals

From Figure 117, it can be noted that the three data groups (1+2, 3+4 and 5+6) have

their own particular “averages” and that there is some overlap of results.

The five weighted price ratio is considered applicable as it defines the current price ratio being applied evident in recent trades. However, as can be seen from Figure 116, these

trades are of low attributable U3O8 contained metal (<100Mlbs). It is thus considered

that this lower price ratio needs to be ameliorated upwards by also considering the average of the >100Mlbs weighted data in Figure 116. In the case of the >100Mlbs

trades, the equal weighted data is favoured as it does have a spread that is overlapping with the lower end members. Thus, the price ratios of 2.35% and 9.51% are considered

the end members of a range to be applied to the Mineral Resources with an average of 5.93%.

14.1.4 Gold Section

The Gold Mineral Resources are based on a mix of surface exploration drilling, current

in-pit channel sampling and historical underground sampling. The underground sampling was completed in the 1990s when AAC were actively mining the Outer and

Inner Basin Reefs for gold on a small scale.

14.1.4.1 Cost approach

The cost approach necessitates placing a replication cost in today’s (2014) terms for the acquisition of the mineral rights, the exploration data and storage facility, the

underground sampling data as well as the maintenance of the mineral rights since

acquisition.

The exploration data employed for the Mineral Resource estimates is the underground chip sampling completed at the time of mining of the reefs by AAC, surface drilling

completed by Uranium One and Shiva and pit sampling completed by Shiva. As is the case for the uranium project, costs relating to the historical exploration are not available

and The Mineral Corporation has utilised 2014 costs for replicating the work in order to

produce a reasonable total cost estimate. Furthermore, The Mineral Corporation is of the view that the cost for underground sampling can be replicated by the drilling of closely

spaced surface boreholes and sampling mineralised intersections. This removes the need

0

1

2

3

4

5

6

7

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

Ca

se

Typ

e

Metal Price Ratio (U3O8)

All Equal All Weighted Five Equal Five Weighted >100 Mlbs Equal >100 Mlbs Weighted

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to estimate costs for establishing to underground excavations, which are required for

underground sampling. For each underground channel sampled, The Mineral Corporation calculated the required length to be drilled, sampled and logged.

In the absence of historical costs for establishing core storage facilities at Shiva, The

Mineral Corporation has used costs that are likely to be incurred for the establishment of

a similar facility in 2014. Owing to the fact that the same facility is used to store drillcore from the uranium and gold project, the total cost attributable to the gold project is

assumed to be half of the total set up cost of R2.5M for the core storage facility at the mine.

The Mineral Corporation has included in the total cost the actual Mineral Rights

management costs incurred since the acquisition of the project by Shiva, which have

been provided by Shiva. These annual costs have been escalated to 2014 money terms using average annual mining escalation rates for South African gold-uranium mines,

which were computed from The Mineral Corporation’s intellectual data. Table 44: Cost approach elements and values for the Au section

Item Unit Amount Cost per unit Cost

Drilling meter 89 880 R 1 500 R 134 820 000

Underground sampling meter 102 700 R 1 500 R 154 050 000

Logging metre 192 580 R 10 R 1 925 800

Core set up Once off 1 R 1 250 000 R 1 250 000

Core storage and management years 4 R 120 000 R 480 000

Gold Fire Assay per sample 4 482 R 181 R 811 161

Open pit sampling years 3 R 720 000 R 2 160 000

Sample Preparation per sample 4 482 R 83 R 371 969

Mineral Rights Management cumulative escalation factor 1.25 R 2 500 000 R 3 125 534

Total Exploration Cost

R 298 994 463

Based on the data in Table 44, the cost approach valuation of the gold mineral assets is estimated at R299.0M.

14.1.4.2 Gold valuation data

A database of Au Resources related trades between the period 15 December 2011 and

15 June 2014 has been constructed based on information from the public domain. Thirty-seven trades of Au Resource projects are considered and the data is contained in

Table 45. As the SAMVAL Code states that “Application of certain logic in Valuation, such as ‘gross in-situ value’ simply determined from the product of the estimate of mineral

content and commodity price(s) without applying appropriate modifying or discounting factor(s), is unacceptable.” the trade US$/oz is divided by the Au spot price ruling at the

time of the trade to obtain an acceptable discount factor. For example, the first trade in

Table 45 reports a price of US$2.99/oz and the spot price was US$1 247 at the time of the trade, thus 2.99/1247=0.24%, the price ratio. The price ratios have been analysed

to determine what would be suitable to apply to the current Au spot price for the mineral assets.

T2.11

T2.17

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Table 45: Au Resources Trade Data

Date Location Attributable

Au (Moz) Effective US$/oz

Au Paid Ratio (%)

Spot Price (US$)

Project Au Grade (g/t)

Mineral Resource Classification

06-Jun-14 Western Australia 0.75 2.99 0.24 1 247 1.00 – 2.70 Indicated / Inferred

01-Jun-14 Mali 5.15 110.68 8.88 1 247 2.35 Measured / Indicated

/ Inferred

17-Apr-14 Western Australia 3.75 5.98 0.46 1 299 1.00 – 2.70 Indicated / Inferred

14-Apr-14 South Africa 42.05 0.92 0.07 1 298 5.40 Measured / Indicated

/ Inferred

01-Apr-14 South Africa 30.63 6.34 0.49 1 283 3.05 Measured / Indicated

/ Inferred

13-Mar-14 Western Australia 0.41 0.73 0.05 1 368 1.00 – 2.70 Indicated & Inferred

20-Feb-14 Western Australia 2.80 16.11 1.22 1 316 1.00 – 2.70 Indicated & Inferred

10-Feb-14 Namibia 4.41 24.94 1.95 1 277 1.13 Measured / Indicated

/ Inferred

06-Feb-14 Western Australia 0.21 8.45 0.67 1 256 1.00 – 2.70 Indicated / Inferred

23-Dec-13 Western Australia 1.75 12.73 1.03 1 241 1.00 – 2.70 Indicated / Inferred

11-Dec-13 Western Australia 0.11 2.79 0.22 1 260 1.00 – 2.70 Indicated / Inferred

19-Nov-13 Western Australia 0.91 11 0.86 1 275 1.00 – 2.70 Indicated / Inferred

25-Oct-13 Western Australia 0.10 6.87 0.51 1 347 1.00 – 2.70 Indicated / Inferred

11-Oct-13 Western Australia 0.34 4.16 0.33 1 265 1.00 – 2.70 Indicated / Inferred

23-Aug-13 Western Australia 0.03 58 4.21 1 377 1.00 – 2.70 Indicated / Inferred

22-Aug-13 Western Australia 1.80 150.33 10.93 1 375 1.00 – 2.70 Indicated / Inferred

05-Aug-13 Western Australia 0.02 9.78 0.75 1 304 1.00 – 2.70 Indicated / Inferred

02-Aug-13 Western Australia 0.05 44.75 3.42 1 309 1.00 – 2.70 Indicated / Inferred

19-Jul-13 Western Australia 0.24 7.55 0.58 1 295 1.00 – 2.70 Indicated / Inferred

09-Jul-13 Western Australia 0.35 42.77 3.41 1 255 1.00 – 2.70 Indicated / Inferred

29-May-13 Western Australia 0.02 40.17 2.91 1 382 1.00 – 2.70 Indicated / Inferred

28-May-13 Western Australia 0.32 17.24 1.25 1 376 1.00 – 2.70 Indicated / Inferred

20-Mar-13 Western Australia 0.21 29.49 1.83 1 610 1.00 – 2.70 Indicated / Inferred

12-Mar-13 Western Australia 2.80 1.68 0.11 1 594 1.00 – 2.70 Indicated / Inferred

12-Feb-13 Western Australia 0.95 16.74 1.02 1 645 1.00 – 2.70 Indicated / Inferred

10-Feb-13 Western Australia 2.27 267.54 16.19 1 652 1.00 – 2.70 Indicated / Inferred

09-Jan-13 Western Australia 2.41 9.81 0.59 1 657 1.00 – 2.70 Indicated / Inferred

27-Dec-12 Western Australia 0.09 97.27 5.88 1 655 1.00 – 2.70 Indicated / Inferred

20-Dec-12 Western Australia 0.11 30.17 1.83 1 650 1.00 – 2.70 Indicated / Inferred

16-Nov-12 Western Australia 0.04 90.56 5.30 1 710 1.00 – 2.70 Indicated / Inferred

27-Sep-12 Western Australia 0.55 5.49 0.31 1 744 1.00 – 2.70 Indicated / Inferred

24-Sep-12 Western Australia 0.40 8.17 0.46 1 762 1.00 – 2.70 Indicated / Inferred

28-Aug-12 Mozambique 2.97 2.09 0.13 1 660 1.75 Measured / Indicated

/ Inferred

27-Aug-12 Western Australia 0.03 152.94 9.17 1 667 1.00 – 2.70 Indicated / Inferred

21-Aug-12 Western Australia 1.69 216.21 13.19 1 639 1.00 – 2.70 Indicated / Inferred

14-Aug-12 Western Australia 0.72 73.19 4.58 1 597 1.00 – 2.70 Indicated / Inferred

09-Feb-12 Western Australia 0.15 70.13 4.01 1 748 1.00 – 2.70 Indicated / Inferred

Whilst the individual Au grades of the West Australian projects cannot be provided, it is

noted they are between 1.0g/t and 2.7g/t as can be noted from Table 45. The grades of the trades are noted to be similar to the grades of the Dominion and Witwatersrand

ore bodies in the Shiva Mineral Resources and from this perspective would be applicable.

Also from a mineralisation style, the Western Australian ore bodies are likely to have some content of refractory gold and have a lower Au recovery and hence be considered

on this basis inferior to the Shiva mineral assets.

In the analyses of the trades, not only can the trades be considered on an equal basis but also as weighted by the Au contained metal in the trade. In scrutinising the price

ratios for acceptability, the statistics in Table 46 emerge for the different types. It is

interesting to note that of the various types of trades, they all have similar averages with the exception of the South African trades. The South African trades (Witwatersrand) are

of much higher Au content than the non-South African trades that has the effect of bringing the weighted average (Wt Average) for the >5Moz trades down to 0.82%.

Although the Shiva Au Mineral Resources are of a different style of mineralisation to the

non-South African trades and are of Dominion and Witwatersrand age they are small and can have a value considered to be based on the <5Moz trades if appropriate to do

so.

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Table 46: Au trade data statistics

Parameter All Trades Non South African

Trades South African

Trades >5Moz Au Trades <5Moz Au Trades

Average 2.95% 3.10% 0.28% 3.15% 2.93%

Wt Average 1.53% 3.92% 0.25% 0.82% 3.17%

Maximum 16.19% 16.19% 0.49% 8.88% 16.19%

Minimum 0.05% 0.05% 0.07% 0.07% 0.05%

The next item to scrutinise was the price ratio paid with time. A plot of the price ratio and spot Au price with time is presented in Figure 118 whereby it can be noted that,

since April 2013, generally more conservative ratios would seem to be applied to a lowered Au spot price that had fallen by circa US$400/oz to US$1 300/oz. (It should be

noted that there are occasions where the spot prices are identical as the trade date is

identical thus the points overlay each other).

Figure 118: Au resource transaction plot of price ratio, spot price and date of transaction

The step change noted in the uranium section would also appear to be reflected in the gold price. This interpretation, with the data in Table 46, led the CV to conclude that all

of the data in Table 45 are relevant as long as they are interpreted adequately. Thus, in the following commentary the method of interpretation is provided.

The <US$1 400/oz trades are scrutinised separate from the whole data and then

compared to the whole data in this valuation. The statistics for the trades based on a

transaction spot price of <US$1 400/oz is provided in Table 47. Table 47: Less than US$1 400/oz trading ratio statistics for both equal and weighted

Parameter Equal Weighting Statistics Metal Weighted Statistics

Average Ratio 2.02% 0.92%

Number 22 99.075

Standard Deviation 2.77% 2.36%

Upper 90% Confidence Limit 3.02% 1.31%

Lower 90% Confidence Limit 1.03% 0.53%

From Table 47, it can be noted that treating the trades on an equal basis as opposed to an Auoz weighting, generates a higher ratio with a broader spread for the 90%

confidence limits. This data does have an overlap of the 90% confidence limits to some

extent. A similar analysis of all of the data has been completed and it is contained in Table 48.

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Table 48: Au all trading ratio statistics for both equal and weighted

Parameter Equal Weighting Statistics Metal Weighted Statistics

Average Ratio 2.95% 1.53%

Number 37 111.486

Standard Deviation 3.91% 3.43%

Upper 90% Confidence Limit 4.02% 2.07%

Lower 90% Confidence Limit 1.88% 0.99%

The data contained in Table 47 and Table 48 is presented in Figure 119 as a comparison of the results. The case type refers to the four sets of statistics in these tables.

Figure 119: Comparison of price ratios for the four Au cases; averages and 90% confidence limit

intervals

On considering the overlap between the methods and two selective criteria (above or below an Au price of US$1 400), the <US$1 400 equal weighting case (Table 47) was

deemed appropriate to use in the market approach.

14.2 Mineral Asset Valuation Results

14.2.1 Cost Approach

Based on the data presented in Table 38 and Table 44 the cost approach valuation is

summarised in Table 49. Table 49: Cost approach valuation results

Project Valuation (M)

Uranium Section R476.9

Gold Section R299.0

Total R775.9

14.2.2 Market Approach

To apply the price ratio to the Mineral Resources to obtain a mineral asset value, the arithmetic is as follows:

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The Mineral Resource statements for the U308 and Au Projects contain the metal units in

terms of U3O8lbs and Auoz and are found in Table 25 and Table 36. The metal prices and Rand/Dollar exchange rate employed are contained in Table 50 and are based on

the averages for the month of October 2014. The average U3O8 price ratios chosen are described at the end of Section 14.1.3.2; however, as the upper and lower 90%

confidence limits price ratios have been derived, these can also be employed in the

valuation to derive value ranges. The upper and lower 90% confidence limits to be applied in the same manner as the average price ratios for U3O8 are found in Table 41

(weighted) and Table 43 (equal); i.e. for the upper 90% confidence limit, average of 2.52% and 14.43% is 8.48%. Thus the upper value of the contained U3O8 would be

$35.85/lb X 196.934Mlbs X 8.48% X R11.06 = R6 618M. The lower value is determined in the same manner. The price ratios to apply in a similar fashion for the Au data is

simpler as all the data is found in Table 47 (equal), and the upper and lower values are

determined in the same manner as for U3O8. Table 50: Market approach valuation results

U3O8 Valuation U3O8 Spot Price (US$/lb U3O8)= $35.85

Contained U3O8 lbs (M) Lower Ratio Mean Ratio Upper Ratio Lower Value (M) Mean Value (M) Upper Value

196.934 3.38% 5.93% 8.48% R2 639 R4 630 R6 618

Au Valuation Au Spot Price (US$/oz) = $1 222

Contained Au oz (M) Lower Ratio Mean Ratio Upper Ratio Lower Value (M) Mean Value (M) Upper Value

5.256 1.03% 2.02% 3.02% R729 R1 436 R2 142

Total Mineral Assets R3 368 R6 066 R8 760

R:US$ Rate 11.06

From Table 50, it can be noted that an average valuation of the Au and U3O8 mineral assets is estimated at R6 066M with upper and lower values of R3 368M and R8 760M,

respectively.

14.3 Mineral Asset Valuation Conclusions

The conclusions reached regarding the Mineral Asset Valuation is that the cost approach is not considered applicable as it is superseded by the market approach based on

Mineral Resources that are generally expected to be of a higher value than pure exploration results base on drilling. Also the mineral assets are essentially contained in a

brownfields area that has been mined in the past and certain infrastructure is

established. The favoured valuation is thus the average of the market approach at R6 066M. This average value is contingent on the application of the current

Rand/Dollar exchange rate and the U3O8 and Au prices as contained in Table 50. The information that this Mineral Asset Valuation is based upon is correct to the best of the

Competent Valuator’s knowledge.

15 EXPLORATION EXPENDITURE

Since Shiva took ownership of the Project in 2010, it has spent significant amounts on

underground development, underground drilling and surface drilling as contained in

Table 51. Table 51: Exploration expenditure by Shiva

Item Amount (m) Cost (M)

Underground development 7 797 R19.620

Underground drilling 3 429 R2.150

Surface drilling 25 827 R22.044

Totals 37 053 R43.814

Shiva advises that it expects to spend circa R16.84M over the next two years on underground and surface drilling and possibly R55.52M thereafter on similar exploration

activities.

12.9 (e) (i)

12.9 (e) (ii)

12.9 (e) (iii)

T2.10

T2.15

T2.14

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16 CONCLUSIONS

In May 2010, Uranium One sold its Uranium One Africa subsidiary to Oakbay resulting in the formation of Shiva. Approvals required under Section 11 of the MPRDA were

granted by the DMR in February 2011 and three Mining Rights (400MR, 401MR and 228MR) are currently held by Shiva. The equity split is 74% by Oakbay and 26% by

Islandsite Investments 255 (Pty) Limited.

By August 2010, Uranium One (Shiva) had produced its first Au and, by February 2011,

its first U3O8. Since July 2010, Shiva has been focussed on mining from the gold section and has mined approximately 2.6Mt of ore at an average grade of 0.97g/t resulting in

the production of 69koz of Au.

Shiva is also the holder of eleven Prospecting Rights granted in terms of Section 17(1) of

the MPRDA. These rights were renewed in terms of section 18(3) of the MPRDA for a period of three years and expired in March 2012. An application in terms of Section 102

of the MPRDA was submitted to the DMR on 29 March 2012, requesting consent from the Minister to consolidate Mining Rights 400MR and 401MR, along with Prospecting

Rights NW 30/5/1/1/2/928PR, 929PR, 930PR, 932PR, 934PR, 935PR, 936PR, 938PR,

940PR, 941PR and 1044PR into the NW 30/5/1/2/2/228MR Mining Right. Included in this Section 102 application was the standardisation of the minerals to be “gold ore and

allied minerals, uranium ore and allied minerals, rare earths and monazite (“heavy minerals”)”.

Consent from the Minister has yet to be provided in terms of the Section 102 application

and it is currently being processed by the DMR. Until consent has been provided from

the Minister, the eleven Prospecting Rights are considered lapsed as their renewal expired on 29 March 2012. The maximum period of renewal (3 years) has already been

granted to the Prospecting Rights and no further renewal can be granted according to the MPRDA.

Surface right ownership over the mining area is held by Uranium One, the State and privately. Portion 60 of Rietkuil 397 (situated in 400MR) is held by Suvuka Mining;

however, this does not impact on the area being mined. Uranium One is the holder of surface rights where opencast mining is taking place on 400MR and 401MR.

Inconsistencies were identified between the existing and planned future mining operations and those described within the approved EIA and EMPs, the most significant

of which being the opencast gold mining activities on 400MR and 401MR. Shiva advise that the Section 102 application and EIA process conducted in terms of Section 102 has

been undertaken as per Section 39 of the MPRDA (when read together with Regulations 49, 50 and 51 of GNR527) including a Scoping Study, Public Consultation and submission

of a revised EMP that adequately reflects all current and planned activities at the Mine.

Although Shiva complies with the environmental licences to mine, issues relating to its

licence compliance, such as EIA and EMP Environmental Authorisations in terms of NEMA, a specialist ecological assessment and water uses by the Au section and

stormwater management that may impact the existing WUL, require administrative

attention.

The quantum for closure-related financial provision, calculated for the period 2013-2014, for Mining Rights 228MR, 400MR and 401MR amounts to R110 694 761 (excluding VAT,

contingencies, P&Gs), assuming Shiva will undertake all rehabilitation activities itself. Should provision be made for rehabilitation by a third-party (including VAT,

contingencies and P&Gs), the overall quantum increases to R161 351 842. The current

value of the Guardrisk Insurance Policy held by Shiva is R62 424 275.

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The approved SLP attached to 228MR was reviewed. Shiva and any appointed

contractors are legally obliged to adhere to the commitments laid out in the approved SLP. Shiva is also required to submit an annual audit to the DMR detailing its adherence

to the commitments laid out in the SLP.

The Au and U3O8 mineralisation present on the Shiva Project are typical of other deposits

located within the Witwatersrand Basin as they occur in stratabound conglomeratic units, which formed in channelised thin reefs of variable thickness. The concentration of

gold, uranium and other minerals in these deposits is generally agreed to be of sedimentary origin although it is also commonly accepted that hydrothermal

modifications have overprinted the palaeoplacer deposits. The two prominent modified palaeoplacer units that have shown concentrations of gold and uranium on the Shiva

Project are the Outer Basin Reefs (Au only) and the Dominion Reefs (Au and U3O8).

The exploration data upon which the current Mineral Resources are based for the

uranium section is restricted to the AAC 2004 and Uranium One data for which a verifiable quality assurance and quality control data and sampling protocols are available

for review. The uranium section can thus be considered an advanced brownfields

exploration project with historical production.

The Au bearing reefs of the Koedoeslaagte Formation within the Outer Basin have been mined, in the past, from underground by AAC. Under Uranium One’s tenure of the

Mineral Rights in the period 2006 to 2007, many boreholes were drilled that by necessity had to be located to avoid drilling into the old underground workings and are thus not

distributed on a regular grid. Shiva, under its tenure, has also contributed to the

exploration database. The gold section can be considered an advanced brownfields exploration project with historical production.

Validation of the Shiva exploration databases was performed by The Mineral

Corporation. The databases were supplied as raw individual borehole data, correlating

reefs between boreholes, reef coding, reef dilution, data capture errors and understanding the reasons for the exclusion of boreholes was completed. This was

followed by four site visits to view selected boreholes, review site procedures and data management processes, conduct an underground visit and take random sample pulp

selection for independent re-analysis. The results of the re-analyses indicate that the Au

and U3O8 mineralisation as depicted in the borehole databases exists and that borehole databases are a reflection of the rocks drilled.

The analytical QAQC of the AAC 2004 data for the uranium section indicate that they

may be employed for the estimation of Indicated and Inferred Mineral Resources as the direct analytical QAQC is limited and the re-sampling results would appear to indicate

Set Point may have returned slightly optimistic results.

The analytical QAQC of the Uranium One data for the uranium section indicate that they

may be employed for the estimation of Indicated and Inferred Mineral Resources as the direct analytical QAQC data is limited in volume. Further, the possible marginal Au

cross-contamination would preclude the Au analyses being employed for Measured

Mineral Resources.

The analytical QAQC of the Uranium One and Shiva data for the Au section indicate that the likelihood of cross contamination at both the laboratories employed is low and that

the analytical accuracies are acceptable with Set Point returning conservative results and SuperLabs optimistic results. In terms of the analytical precision, mean deviations of

duplicate samples from both laboratories indicate poor repeatability at the low levels of

Au abundance in the ore body. The data can therefore only be employed for the reporting of Inferred and Indicated Mineral Resources.

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The Mineral Corporation considers the eventual databases selected suitable for use in

the estimation of the U3O8 and Au Mineral Resources for Shiva. However, no data relating to the collection and processing of samples for density determination would

appear to be available.

The structure from the underground plans has been incorporated into the model, which adds an essential and invaluable source of the finer detail of the structural signature of

the reefs. The mineralisation continuity models on which the current estimates are

based is an accumulation of the interpretations by the many geologists who have worked on the ore bodies.

The Dominion Group is preserved in two major structural blocks, the Rietkuil Section to

the east and the Dominion Section to the west of the Project area. The Dominion Section dips between 20° to 40° to the southwest with the south striking and west

dipping Hartebeesfontein thrust fault separating the two mining sections. The Rietkuil

Section is structurally complex with a north-trending syncline plunging to the south with dips between 20° to 40°.

The key features of the structural interpretation of the Au section are a southwest-

northeast oriented synclinal structure, which plunges to the northeast (in the southwest) and to the southwest (in the northeast). A “keel” structure and an elliptical outcrop

pattern have been interpreted. The keel is interpreted to be dislocated by a series of

southwest-northeast trending normal faults, as well as a set of southeast-northwest trending wrench faults. No significant intrusive rocks have been identified.

Geological losses were applied to in the estimation of Mineral Resources. They are due

to dykes, faults and zones where the reef is absent. Two types of geological losses were applied; implicit losses, and explicit losses. The explicit geological losses have been

modelled whereas the implicit geological losses are based on measurements from the

underground mine planning in the U3O8 and Au sections. The Mineral Corporation applied losses of 6% and 14% for the Dominion and Rietkuil Sections, respectively, and

6% for the Au section.

A number of factors relevant to the classification of Mineral Resources have been taken into account when considering the final Mineral Resource classification. These factors

include relative confidence in analytical QAQC, tonnage/grade estimation and the

distribution of primary data and information and confidence in continuity of the geological and mineralisation models.

Ordinary kriging has been employed to estimate the Mineral Resources and reasonable

and realistic prospects of eventual economic extraction have been based on suitable technical and economic criteria based on a working cash cost of R857/tonne for the

uranium section. The following table depicts the resulting Mineral Resources for the Uranium Section Dominion Reefs via underground mining.

Mineral Resource Classification Cut-off

U3O8 (g/t)

Density (t/m

3)

Tonne (Mt)

Thickness (m)

Grade U3O8 (g/t)

Content U3O8

(Mlbs)

Grade Au

(g/t)

Content Au

(Moz)

Indicated

Rietkuil Upper Reef 250 2.75 62.26 1.42 482 66.142 0.58 1.160

Rietkuil Lower Reef 250 2.72 11.24 1.08 402 9.964 0.50 0.179

Dominion Upper Reef 200 2.75 28.59 1.39 379 23.867 0.61 0.558

Dominion Lower Reef 250 2.72 16.03 1.16 428 15.139 0.42 0.217

Sub Total Indicated Resources 238 2.74 118.11 1.34 442 115.112 0.56 2.115

Inferred

Rietkuil Upper Reef 200 2.75 47.56 1.39 423 44.383 0.60 0.923

Rietkuil Lower Reef 300 2.72 15.66 1.38 389 13.442 0.63 0.316

Dominion Upper Reef 325 2.75 26.55 1.42 392 22.922 0.55 0.472

Dominion Lower Reef 425 2.72 1.04 1.09 471 1.076 0.31 0.010

Sub Total Inferred Resources 256 2.74 90.81 1.39 409 81.822 0.59 1.721

Total Mineral Resources 246 2.74 208.92 1.36 428 196.934 0.57 3.836

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Reconciliation of the Mineral Resource grades (U3O8 and Au) currently estimated with

the grades employed by Uranium One in the mine development in 2006 indicates the current estimates are significantly lower. The production data for the period 2007 to

2008 indicate that the U3O8 contents mined was 72% of what was planned and the Au contents 80% of the plan.

The Mineral Resources contained within the Au section are considered as being mined in

an open pit to a maximum depth of 75m and at a Au grade cut-off of 0.4g/t. They are

contained in the following table.

Classification Unit Tonnage

(Mt) Density (t/m3)

Grade (g/t)

Au (Moz)

Indicated Quartzite 11.84 2.75 1.03 0.391

5Q 0.91 2.78 0.72 0.021

Reef 5 0.18 2.78 3.74 0.021

Upper Reef 0.09 2.78 0.86 0.002

Middle Reef 0.10 2.78 1.73 0.006

Lower Reef 1.23 2.78 1.56 0.062

Magazine Reef 1.06 2.78 0.70 0.024

Sub-total 15.41 2.76 1.06 0.527

Inferred Quartzite 22.17 2.75 0.68 0.481

5Q 2.36 2.78 0.51 0.039

Reef 5 2.03 2.78 2.00 0.130

Upper Reef 2.41 2.78 0.82 0.064

Middle Reef 1.39 2.78 1.14 0.051

Lower Reef 1.43 2.78 1.07 0.049

Magazine Reef 4.14 2.78 0.64 0.086

Sub-total 35.94 2.76 0.78 0.900

Total 51.35 2.76 0.86 1.427

The Mineral Resource Au grades for the Au section are in accord with the limited

production data from Shiva. However, the veracity of the metal accounting to come to this conclusion is not known. The block model for the Au section can now afford Shiva

the ability to complete enhanced mine planning as it contains not only the conglomerate material but also the quartzite interburden material.

Most U3O8 is traded through long-term bilateral agreements between mining companies and nuclear power utilities seeking security of supply. Following the Fukushima nuclear

disaster, the spot prices of U3O8 dropped 51% to near industry breakeven prices. Accordingly, the success of the uranium project at Shiva could be tied to Shiva’s ability

to secure offtake arrangements with end users for long term supplies, which tend to offer better prices that can provide sufficient headroom over costs.

Gold can be sold on various markets at the spot price ruling at the time of sale. Over the last year the Au price (London pm fix) has remained between US$1 200 and

US$1 400 but, over the last ten years, the price trajectory has been upwards.

The Minister of Mineral Resources has indicated that uranium may become a “strategic” mineral due to its energy related attributes, but it is not known how this could affect the

project development if this circumstance was to happen.

Geological data that has been used for the estimation of Mineral Resources for Shiva

was generated from several exploration campaigns and historical mining. There are issues with regards to the quality of the assay data, which have precluded the reporting

of Measured Mineral Resources in areas where there is sufficiently high confidence in the geological and structural models. Furthermore, the use of assumed densities for tonnage

estimation has also precluded the reporting of Measured Mineral Resources. Accordingly, the available Mineral Resources at Shiva can only be converted to Probable Mineral

Reserves. The Mineral Corporation is of the view that additional work in respect of

drilling, sampling and assaying and density determinations will be required to address these issues. Shiva is aware of these data quality issues and is currently exploring

mitigation measures to improve the quality of the data.

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Mineralogical and metallurgical testwork completed at Shiva formed the basis for the

existing uranium ore processing plant designs and process routes. There is a variation of the plant design from conventional plants employed to treat Witwatersrand uranium

ores, which relates to the inclusion of autoclave units. The plant is in a good mechanical condition. However, it had not been in operation for sufficient time by the previous

owners to allow for the optimisation of throughputs, metal recoveries, reagents mix and

recoveries. As a result, there are uncertainties regarding these aspects, which may result in the requirement to reconfigure the plant design, particularly the replacement of

autoclave units with pressure leach tanks, if it fails to achieve design targets. While this does not represent a fatal flaw in the design, the reconfiguration may require significant

capital expenditure. Furthermore, the plant is a high-technology plant, requiring appropriately skilled personnel to run it, which may not be readily available to Shiva.

This can be mitigated by upgrading the skills of the current metallurgists at the mine.

For the gold ore processing plant, the crushing unit and steel works are not in a good

mechanical condition. Refurbishment of the plant infrastructure, which may require significant capital expenditure, will be required if the plant is to be run at its nameplate

production capacity of 120ktpm.

There are uncertainties regarding the quantity of groundwater and the costs of pumping

water from underground excavations. It is understood that these uncertainties will be dealt with in detail in the envisaged feasibility study.

There is a national shortage of electricity supply by the Electricity Supply Commission of

South Africa (ESKOM) and this may impact Shiva’s plans to commence production.

The Mineral Asset Valuation has been completed in terms of the SAMVAL Code (2008)

based on the Mineral Resources contained in Section 11.5 and Section 12.5. As only Mineral Resources are reported and no Mineral Reserves, it is appropriate to only employ

the Cost and Market approaches.

The cost approach necessitates placing a replication cost in today’s terms (2014) for the

acquisition of not only the mineral rights and the exploration data but also the core storage facility as well as the cost of maintaining the mineral rights since acquisition.

This data is contained in the following table.

Project Valuation (M)

Uranium Section R476.9

Gold Section R299.0

Total R775.9

For the market approach, a database of U3O8 resources related trades between the

period 15 May 2006 and 15 February 2014 has been constructed for 26 trades of U3O8 resource projects and a database of 37 Au trades has been constructed for resource

projects. This data has all been accessed from the public domain. In both cases, the

sales price in US$ per unit metal has been normalised to a price ratio of the spot metal price. The final market approach valuations are contained in the following table.

U3O8 Valuation U3O8 Spot Price (US$/lb U3O8)= $35.85

Contained U3O8 lbs (M) Lower Ratio Mean Ratio Upper Ratio Lower Value (M) Mean Value (M) Upper Value

196.934 3.38% 5.93% 8.48% R2 639 R4 630 R6 618

Au Valuation Au Spot Price (US$/oz) = $1 222

Contained Au oz (M) Lower Ratio Mean Ratio Upper Ratio Lower Value (M) Mean Value (M) Upper Value

5.256 1.03% 2.02% 3.02% R729 R1 436 R2 142

Total Mineral Assets R3 368 R6 066 R8 760

R:US$ Rate 11.06

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The cost approach is not considered applicable as it is superseded by the market

approach based on Mineral Resources and is a brownfields project. The favoured valuation is thus the average of the market approach at R6 066M.

A robust exploration budget has been presented by Shiva to enable continued

exploration over the next two years to upgrade the existing Mineral Resource estimates.

The current Mineral Resource models can be used by Shiva in its feasibility studies as well as guide the exploration programme over the next two years.

17 REFERENCES

Cameco (2014). Annual Report 2013, http://www.cameco.com/investors/financial_information/annual_reports/2013/

Deiss, A., Northrop, B. and Mitchell, G. (2009). Technical Report for the Mineral Resource Estimate for Dominion Reefs Uranium Mine, North West Province, Republic of

South Africa. Unpublished report by ExplorMine Consultants, Lonehill, Gauteng, South Africa, for Oakbay Investments (Pty) Ltd.

Edison (2014). Making a Case for Uranium. Edison Investment Research, [email protected]. February 2014.

Fugro Report Number FCR 2443 (2007). Helicopter Borne Magnetic Horizontal Gradient

(MIDAS™) and Radiometric Geophysical Survey over the Republic of South Africa. Prepared for Uranium 1.

Hamilton, G.N.G. and Cooke, H.B.S. (1960). Geology for South African Students, 4th Edition, published by Central News Agency Ltd.

Handley, J.R.F. (2004). Historic Overview of the Witwatersrand Goldfields, publication by

Handley, Howick.

Harley, M., Couture, J. F. and McDonald, A. J. (2006a). Rietkuil Dominion Uranium

Project North West Province, Republic of South Africa. Prepared by SRK Consulting, South Africa for SXR Uranium One Inc.

Harley, M. and Dixon, J.R. (2006b). Dominion Uranium Project North West Province, Republic of South Africa. Prepared by SRK Consulting, South Africa for SXR Uranium

One Inc.

Lotriet, M. and Duke, V. (2009). Dominion Reefs Uranium Mine (DRUM) Feasibility Study (FS), Report No. SMS/066/09. Prepared by Sound Mining Solutions (Pty) Ltd, South

Africa for Oakbay Investments (Pty) Limited.

Marsh, J.S. (2006). The Dominion Group. The Witwatersrand Supergroup. In: Johnson,

M.R., Anhaeusser, C.R. and Thomas, R.J. (Eds), The Geology of South Africa. Geological Society of South Africa, Johannesburg/Council for Geoscience, Pretoria, p. 149–154.

McCarthy, T.S. (2006). The Witwatersrand Supergroup. In: Johnson, M.R., Anhaeusser, C.R. and Thomas, R.J. (Eds), The Geology of South Africa. Geological Society of South

Africa, Johannesburg/Council for Geoscience, Pretoria, p. 155–186.

Mwasinga, P. P. (2001). Approaching Resource Classification: General Practices and the Integration of Geostatistics. In: Xie, H. Wang, W and Jiang, Y. (Eds), Computer

Applications in the Mineral Industries. Proceedings of the 29th International Symposium

on Computer Applications in the Mineral Industries, Beijing, China.

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Nzama, C. and Arnold, V. (2005). Aflease Borehole Record Audit. Prepared by Shango

Solutions, Northcliff, Gauteng for Aflease and Turgis Consulting, 2005.

O’Brien, M.F. (2001). Geology and Economic of the Rietkuil Syncline. A project report submitted to the Faculty of Engineering in a partial fulfilment of the requirements for the

degree of Master of Science, University of Witwatersrand, Johannesburg.

Rendu, J–M. (1981). An Introduction to Geostatistical Methods of Mineral Evaluation.

SAIMM Monograph Series Geostatistics 2, Johannesburg.

Robb, L.J. & Robb, V.M. (1998). Gold in the Witwatersrand Basin in The Mineral Resources of South Africa (M.G.C. Wilson and C.R. Anhaeusser, eds): Handbook, Council

for Geoscience, 16, p. 294–349.

Royal HaskoningDHV, (2014). Summary of the Mining Contribution to the Shiva CPR.

Report number: 31238 – 01

Prime Resources (2014). Review and Report on the Environmental Requirements

associated with the Activities being undertaken by Shiva Uranium in Terms of Mining Rights 228, 400 and 401, North West Province. Unpublished Report No 140619 by

Prime Resources (Pty) Limited, South Africa for Royal Haskoning DHV.

Shiva Uranium Mine (2012). Geology and Resource/Reserve Report, Shiva Uranium Mine. Unpublished by Shiva Uranium Mine, undated, 67pp.

South African Committee for Stratigraphy (SACS) (1980). Stratigraphy of South Africa. Part 1 (Comp. L.E. Kent). Lithostratigraphy of the Republic of South Africa, South West

Africa/Namibia, and the Republics of Bophuthatswana, Transkei and Venda: Handb. Geol. Surv. S. Afr., 8. Government Printer, Pretoria, South Africa.

South African Committee for Stratigraphy (SACS) (2006). Catalogue of South African Lithostratigraphic Units, Volume 9. Government printer, Pretoria, South Africa.

Tankard, A.J. Jackson, M.P.A., Eriksson, K.A., Hobday, D.K., Hunter, D.R. and Minter,

W.E.L. (1982). Crustal Evolution of Southern Africa: 3.8 Billion Years of Earth History.

Springer-Verlag, New York, 523pp.

Uranium One Inc. Press releases, http://www.uranium1.com/index.php/en/investor/news-releases

Uranium One (2006). QAQC Policies and Procedures: Surface Exploration Drilling. Unpublished document by the Geology Department, Uranium One.

Wanless, M. and Dixon, J.R. (2008). Mineral Resource Audit of the Dominion Uranium Project North-West Province, Republic of South Africa. Prepared by SRK Consulting,

Ilovo, Gauteng for Uranium One Inc.

Wikipedia (2014). http://en.wikipedia.org/wiki/Uranium_One

Wilson N.L., Toens, P.D., van der Schyff, D.B. (1964). The Geology of the Rietkuil

Syncline in Some Ore Deposits of South Africa, Volume 1, (S.H. Haughton, ed), publ Geol Soc S Afr.

World Nuclear Association (WNA) (2014). //www.world-nuclear.org/

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T10.A (ii)

18 GLOSSARIES

Units Description

cm centimetre

cmg/t centimetre gram per tonne

Ga billions of years before present

g/t gram per tonne

Gwe Gigawatt energy

ha hectare

kg kilogram

Kg/t kilogram per tonne

km kilometre

Km2 square kilometre

koz thousand troy ounces

lb pound in weight

m metre

Ma millions of years before present

mg/t metre gram per tonne

m3 cubic metre

mbs metre below surface

mamsl metre above mean sea level

MGTAU metre gram per tonne gold

MGTU metre gram per tonne U3O8

mm millimetre

Moz million troy ounces

Mt million tonne

oz troy ounce

t tonne

Abbreviations Description

3D Three dimensional

AAC Anglo American Corporation Limited

AARL Anglo American Research Laboratory

AEL Atmospheric Emission License

AQA Air Quality Act

BEE Black Economic Empowerment

CGG Compagnie Générale de Géophysique

CIP Carbon in pulp

CoV Coefficient of variation

CP Competent Person

CPR Competent Person’s Report

CRM Certified reference material

cw Channel width

DMR Department of Mineral Resources

DRUM Dominion Reefs Uranium Mine

DWA Department of Water Affairs

EAP Environmental Assessment practitioner

EIA Environmental Impact Assessment

EMP Environmental Management Plan

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Abbreviations Description

GNR Government Notice Regulation

GPS Global Positioning System

HDSA Historically disadvantaged South African

HEU Highly enriched uranium

ICP-MS Inductively coupled plasma – mass spectroscopy

ICP-OES Inductively coupled plasma – optical emission spectroscopy

ID2 Inverse distance squared

IWWMP Integrated Waste and Water Management Plan

JSE JSE Limited

KE Kriging Efficiency

LDOM Lower Dominion Reef

LO 27 WGS84 Local Origin (27) World Geodetic Systems(84)

MDOM Middle Dominion Reef

MIDAS Fugro MIDAS Helicopter Mounted Horizontal Gradient system

MPRDA Mineral and Petroleum Resources Development Act

MPTRO Mineral and Petroleum Titles Registration Office

NEMA National Environmental Management Act

NWP National Waste Programme

OK Ordinary kriging

QAQC Analytical quality assurance and control

ROD Record of Decision

RSQ Rhenosterspruit Quartzite Conglomerate

RWD Return Water Dam

SACS The South African Code of Stratigraphic Terminology and Nomenclature

SAMREC The South African Mineral Resource Committee

SAMVAL South African Mineral Asset Valuation

SAMVAL Code The South African Code for the Reporting of Mineral Asset Valuation, 2008 Edition as amended July 2009

SANAS The South African National Accreditation System

SARM Metallurgical and Geological Certified Reference Materials

SGS SGS South Africa (Pty) Limited

SLP Social and Labour Plan

THICK Reef or ore body thickness

TSE treated sewage effluent

TSF Tailings storage facility

TSX Toronto Stock Exchange

U/G Underground

UDOM Upper Dominion Reef

UREM Uranium Reference Material

WA Water Act

WNA World Nuclear Association

WULA Water Use License Application

Symbols Description

% percentage

= equals

> greater than

< Less than ⁰ degree

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Symbols Description

Au gold

BQ Borehole core of diameter 36mm

BX Conventional core of diameter 42mm

C carbon

Ca calcium

Ce cerium

Cl chlorine

Cos Cosine

F fluorine

Fe iron

Ga gallium

H hydrogen

La lanthanum

Mn manganese

N nitrogen

Nb Niobium

Nd neodymium

NQ Wireline core of diameter 48mm

O oxygen

P phosphorus

Pb lead

S sulphur

Si silicon

Ta tantalum

Th thorium

Ti titanium

U Uranium

U3O8 uranium oxide, generally the form in which uranium is traded commercially.

x multiplication

Zr zircon

Words Definitions

Acid Porphyry An igneous rock with a high silica content that contains conspicuous phenocrysts in a fine-grained groundmass.

Aliquot A known fraction of a whole used in the analysis of a sample.

Amygdale A gas cavity or vesicle in an igneous rock which is filled with secondary minerals.

Anisotropy The characteristic of having physical properties that are different in different directions.

Archaean The pre-Proterozoic period (>2.5 Ga) which represents the oldest known Precambrian rocks.

Arenite A consolidated sedimentary rock composed of sand-sized fragments irrespective of composition.

Argillite A weakly metamorphosed argillaceous rock.

Arkose A feldspar rich coarse grained sandstone.

Arsenopyrite A mineral of chemical composition FeAsS.

Atomic absorption spectroscopy An analytical method for the quantitative determination of chemical elements using the absorption of optical radiation by free atoms in the gaseous state.

Auriferous Said of a substance that contains gold.

Banket Historical term for the South African auriferous and uraniferous conglomerates

Basic lava A rock formed from extrusive magma from a volcano of low silica content.

Bitumen Material composed of naturally occurring hydrocarbons free of oxygen.

Block model A computer generated rendition of a geological body in the form of blocks of specific dimension and orientation.

Block variance The variance of the evaluation parameters associated with blocks of a certain size within an ore body.

Braided fluvial A river network that repeatedly branches and joins along its path.

Brannerite A mineral of chemical composition (U, Ca,Ce)(Ti, Fe)2O6

Cassiterite A mineral of chemical composition SnO2

Chalcopyrite A mineral of chemical composition CuFeS2

Chert A hard sedimentary rock composed of cryptocrystalline silica.

Chip sampling Method of manually sampling an ore body to generate an unbiased sample.

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Words Definitions

Chlorite A mineral of chemical composition (Mg,Fe+2,Fe+3)6AlSi3O10(OH)8.

Clast An individual constituent, grain or fragment of a sedimentary rock.

Coffinite A mineral of chemical composition (U(SiO4)1-X(OH)4X

Columbite A mineral of chemical composition (Fe,Mn)(Nb,Ta)2O6.

Composite The intersection grade based on the individual sampling results.

Conglomerate Rock consisting of relatively large rounded fragments of durable minerals or rock in a fine matrix.

Core bedding angle The angle measured between the orientation normal to the core axis and the bedding noted in the core. If the core is drilled vertically it represents the dip of the bedding.

Crustal-scale Relating to the outermost layer of the Earth above the Mohorovičić discontinuity.

Dendritic Treelike in shape or markings.

Detrital Relating to, or formed from, detritus (loose rock and/or mineral matter).

Dh logger Software to store borehole logging, sampling and analytical data.

Diabase An intrusive igneous rock composed of feldspar and mafic minerals.

Diamicitite A poorly sorted noncalcareous sedimentary rock composed of a wide range of particle sizes.

Diamond drilling A method of drilling into the Earth’s surface to obtain a core sample. The cutting face is a diamond impregnated bit.

Disconformity A significant break in the orderly sequence of sedimentation marked by an erosion surface, but the bedding planes rocks above and below are parallel.

Domain A term used mainly in ore resource estimation or geotechnical calculations to describe a region of a geological model with similar physical or chemical characteristics.

Dyke A tabular igneous intrusion that cuts across the planar structures of the surrounding rocks.

Ephemeral Lasting or of use for only a short time

Fault A fracture or fracture zone, along which displacement of the rock mass has occurred.

Feldspar A group of minerals of chemical composition MAl(Al,Si)3O8 where M = K, Na, Ca, Ba, Rb, Sr or Fe. It constitutes 60% of the Earth’s crust.

Felsic An igneous rock composed of light coloured minerals of feldspar and quartz.

Fire assay An extractive analytical technique for the determination of precious metals in ores and metallurgical products.

Footwall Said of the rock mass beneath an ore body or mined excavation.

Galena A mineral of chemical composition PbS

Garnet A group of minerals of chemical composition A3B2(SiO4)3 where A=Ca, Mg, Fe+2 and Mn+2 and B=Al, Fe+3, Mn+3 and Cr.

Geophysical Relating to the use of one or more techniques employing the various physical phenomena of the Earth.

Graben An elongate relatively depressed block that is bounded by faults on its long sides.

Granite A light-coloured, coarse-grained, igneous rock dominantly composed of quartz and feldspars.

Granitoid Said of a holocrystalline texture of nonporphyritic igneous rocks in which all of the constituents are anhedral and of approximately the same size.

Greenstone A term applied to altered basic to ultrabasic igneous rocks owing to its colour.

Grit A coarse grained sandstone especially composed of angular particles.

Half-graben An elongate relatively depressed block that is bounded by faults on only one of its long sides.

Hangingwall Said of the rock mass above an ore body or mined excavation.

Head grade The abundance of a metal or mineral expressed as weight per unit volume or weight of the host rock delivered to the processing plant.

Heap leaching A method of recovering a metal whereby crushed ore is piled into a heap and a solution of acid or alkali is allowed to percolate through the ore and dissolve the metal for eventual recovery.

Heavy minerals A rock forming mineral generally with a specific gravity greater than 2.8 and in a sedimentary rock greater than 2.85.

Hexafluoride A chemical compound of general formula RpXnF6m

Highwall The unexcavated face of exposed overburden and ore in an opencast mine.

Igneous A term to describe rocks that have formed through the crystallisation of molten magma either by being intruded into or extruded from the Earth’s surface.

Illmenite A mineral of chemical composition FeTiO3.

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Words Definitions

In situ In position

Indicated Mineral Resource

That part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

Inferred Mineral Resource

That part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

Intermediate lava An extrusive igneous rock composed of magma with a silica content between 54 and 65%.

Kaapvaal Craton A major portion of South Africa in which the Earth’s crust has been little deformed for a prolonged period.

Kriging A geostatistical interpolation method that minimises the estimation error in the determination of a mineral resource.

Kriging efficiency A measure of the difference between Block Variance and Kriging Variance relative to Block Variance.

Lava An extrusive igneous rock from a volcano.

Listric normal faults A normal fault with a concave upward surface.

Lithofacies A lateral, mappable subdivision of a designated stratigraphic unit of any kind distinguished from other adjacent subdivisions on the basis of lithological character.

Lithology The description of rocks.

Logging The process of making a detailed, systematic sequential record of the material produced from a borehole.

Lower 90% confidence limit The lower limit that is likely to result 90% of the time for the mean value of a particular sample distribution.

Mafic Said of an igneous rock composed chiefly of one or more ferromagnesian minerals.

Measured Resource

That part of a Mineral Resource for which tonnage, densities, shape, physical characteristics, grade and mineral content can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. The locations are spaced closely enough to confirm geological and grade continuity.

Metallogenic The description of the genesis of mineral deposits, with emphasis on their relationship in space and time to regional petrographic and tectonic features of the Earth’s crust.

Metamorphism The mineralogical and structural adjustment of solid rocks to physical and chemical conditions which have been imposed at depth below surface zones of weathering and cementation.

Metasedimentary Said of a sedimentary rock that shows evidence of having been subjected to metamorphism.

Mica A group of minerals of chemical composition (K,Na,Ca) (Mg,Fe,Li,Al)2-3 (Al,Si)4 O10 (OH,F)2.

Micron One millionth of a metre.

Mineral Reserve

The economically mineable material derived from a Measured and/or Indicated Mineral Resource. It is inclusive of diluting materials and allows for losses that may occur when the material is mined. Appropriate assessments to a minimum of a Prefeasibility Study for a project, or a Life of Mine Plan for an operation, must have been carried out, including consideration of, and modification by, realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors (the Modifying Factors). Such modifying factors must be disclosed.

Mineral Resource

A concentration or occurrence of material of economic interest in or on the Earth’s crust in such a form, quality, and quantity that there are reasonable and realistic prospects for eventual economic extraction. The location, quantity, grade, continuity and other geological characteristics of a Mineral Resource are known, or estimated from specific geological evidence, sampling and knowledge interpreted from an appropriately constrained and portrayed geological model. Mineral Resources are subdivided, and must be so reported, in order of increasing confidence in respect of geoscientific evidence into Inferred, Indicated or Measured Categories..

Mineralisation The process or processes by which a mineral or minerals are introduced in to a rock, resulting in a Mineral Resource.

Mobile Belt A long, relatively narrow crustal region of tectonic activity, measured in hundreds of kilometres.

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Words Definitions

Molybdenite A mineral of chemical composition MoS2.

Monazite A mineral of chemical composition (Ce,La,Nd,Th)(PO4,SiO4).

Mylonite A chert-like rock without cleavage produced by the extreme granulation and shearing of rocks which have been pulverised and rolled during over-thrusting or by intense dynamic metamorphism in general.

Nomenclature Systematic naming

Nonconformity An unconformity developed between sedimentary rocks and older rocks that had been exposed to erosion before the overlying sedimentation occurred.

Normal fault A fault in which the hangingwall rocks appear to have moved downwards relative to the footwall rocks.

Nugget effect The term applied to a high abundance of a particular mineral or metal on a local scale.

Oligomictic Said of a conglomerate containing single clast types.

Ordinary kriging Kriging a variable without taking cognisance of a local or global mean value of the variable.

Ore The naturally occurring material from which a mineral, or minerals, of economic value can be extracted.

Ore body A continuous, well-defined mass of material of sufficient ore content to make extraction economically feasible.

Orthoquartzite A clastic sedimentary rock that is made up almost exclusively of quartz sand that lacks a fine grained matrix and is derived by secondary silicification.

Outcrop That part of a rock formation that is exposed at the Earth's surface.

Oxidised Material that has undergone reducing chemical alteration of its constituents.

Palaeodepression A depression at the Earth’s surface as it existed at given moment of geologic time.

Palaeorelief The relief at the Earth’s surface as it existed at given moment of geologic time.

Palaeosol A buried soil horizon of the geologic past.

Palaeotectonic The geologic and tectonic features as they existed at some time during the geologic past.

Palaeotopographic The topographic relief for an area as it existed at a particular time in the geologic past.

Paleoplacer A buried surficial mineral deposit formed by mechanical concentration of mineral particles from weathered debris that formed in the geologic past.

Paragenetic Pertaining to the genetic relations of sediments in laterally continuous equivalent facies.

Parent block The block used to interpolate the Mineral Resource parameters into from sampling data.

Plunge The inclination of a fold axis or other geologic structure, measured by its departure from horizontal.

Polymictic Said of a conglomerate containing many varieties of pebbles.

Porphyry An igneous rock of any composition that contains conspicuous phenocrysts in a fine-grained groundmass.

Pressed pellet A pellet made from a pulverised sample and suitable binder for XRF analysis.

Progradation The building outward toward the sea of a shoreline or coast by nearshore deposition of river-borne sediments or by continuous accumulation of beach material.

Protobasin Relating to the first formed basin.

Proximal Said of a sedimentary deposit consisting of coarse clastics and formed nearest the source area.

Pyrite A mineral of chemical compositing FeS2.

Pyrrhotite A mineral of chemical composition Fe1-xS.

Quartz A mineral of chemical composition SiO2.

Quartzite A granoblastic metamorphic rock consisting of quartz and formed by recrystallisation of sandstone or chert by either regional of thermal metamorphism.

Rare earth Seventeen elements or the periodic table; scandium, yttrium and the fifteen lanthanide elements.

Regression A measure of the relation between the mean value of one variable and corresponding values of other variables.

Resource A tonnage or volume of rick or mineralisation or other material of intrinsic economic interest, the grades, limits and other appropriate characteristics of which are known with a specified degree of knowledge.

Sandstone A sedimentary rock composed of rounded quartz grains with minor accessory minerals.

Schist A strongly foliated crystalline rock formed by dynamic metamophim which can be readily split into thin flakes or slabs due to the developed parallelism of the mineral present.

Scintillometer A natural radiation detector.

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Words Definitions

Scoping study Studies conducted to determine work required in a prefeasibility study.

Sedimentary Relating to formation by the accumulation of rock material from the erosion of pre-existing rocks.

Sericite A white, fine grained potassium mica occurring in small flakes as an alteration product of various aluminosilicate minerals, having a silky lustre.

Shale A fine grained detrital sedimentary rock, formed by the compaction of clay, silt or mud.

Silicate A compound whose crystal lattice contains SiO4tetrahedra, either isolated or joined through one or more of the oxygen atoms to form groups, chains, sheets, or three-dimensional structures with metallic elements.

Silicified The introduction of, or replacement by, silica.

Sill A tabular igneous intrusion that parallels the planar structure of the surrounding rocks.

Slimes Dam A waste disposal site for the discard slime-sized material from a processing plant via a slurry or paste.

Slimes The fine grained waste material from the processing plant generally less than 75 microns in diameter.

Spectrographic Relating to the mapping or photography of a spectrum.

Sphalerite A mineral of chemical composition (Zn,Fe)S.

Standard deviation A measure of a sample’s variation about the mean value.

Stope An underground excavation of a portion of an ore body.

Stratigraphy The branch of geology that deals with the definition and description of major and minor natural divisions sedimentary, metamorphic and igneous rocks.

Strike The orientation on an inclined plane that horizontal.

Strike-slip The movement on a fault that is parallel or sub-parallel to the strike orientation of the fault.

Sub cell The cells in a block model that are divisions of the parent cell.

Supracrustal Said of rocks that overlie the Basement rocks.

Syncline A fold in rocks in which the rock layers dip inward from both sides toward the axis.

Synclinorium A composite synclinal structure of regional extent composed of lesser folds.

Tantalite A mineral of chemical composition (Fe,Mn)(Ta,Nb)2O6.

Tectonic Pertaining to the forces involved in, or the resulting structures of, movement in the earth’s crust.

Tholeiitic A term applied to basic or ultrabasic rocks composed predominantly of magnesium rich feldspar and pyroxene minerals.

Thorogummite A mineral of chemical composition Th(SiO4)1-x(OH)4x.

Thrust The overriding movement of one crustal unit over another as in thrust faulting.

Transgression The spread or extension of the sea over land areas and the consequent evidence of such advance.

Trough cross-bedding Cross-bedding in which the lower bounding surfaces are curved surfaces of erosion; it results from channelling and subsequent deposition.

Tuff A compact pyroclastic deposit of volcanic ash and dust that may contain up to 50% sediments such as sand or clay.

Unconformity

A substantial break or gap in the geologic record where a rock is overlain by another that is not next in stratigraphic succession, such as an interruption in the continuity of a depositional sequence of sedimentary rocks or a break in between eroded igneous rocks and younger sedimentary strata.

Upper 90% confidence limit The upper limit that is likely to result 90% of the time for the mean value of a particular sample distribution.

Uraninite The uranium mineral of general chemical composition UO2

Uranium One Uranium One Africa Limited and now Shiva Uranium Limited

Variogram Mathematical and graphical way of representing variation of data as a function of separation distance.

Vein An epigenetic mineral filling of a fracture in a host rock, in tabular or sheetlike form, often with associated replacement of the host rock.

Volcaniclastic Pertaining to clastic rock containing volcanic material.

Wacke A dirty sandstone composed of a mixed variety of angular and unsorted or poorly sorted mineral and rock fragments with an abundant matrix of clay and fine silt.

Winnow To selectively sort, or remove, fine particles by either wind or flowing water leaving coarser grains behind.

X-ray fluorescence spectroscopy An analytical method that utilises the emission x-rays (or fluorescence) from a material that has been excited by bombarding with high-energy X-rays or gamma rays.

Zircon A mineral of chemical composition ZrSiO4

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Appendix 1: Qualifications of Key Technical Staff contributing to the CPR and CVR

David Young (Geologist, Lead Competent Person and Competent Valuator)

BSc Honours (Geology), Chelsea College, London University (1974) Fellow of the Geological Society of South Africa (FGSSA)

Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM) Fellow of the Southern African Institute of Mining and Metallurgy (FGSSA)

South African Council for Natural Scientific Professions (Pr Sci Nat 400989/83)

40 years experience in the minerals industry as a geologist conducting Mineral Resource evaluations and valuations worldwide.

Stewart Nupen (Geologist and Mineral Resource Evaluator)

BSc Honours (Geology), University of Cape Town (1999)

MBA, Gordon Institute of Business Science (2012) Member of the Southern African Institute of Mining and Metallurgy

Fellow of the Geological Society of South Africa South African Council for Natural Scientific Professionals (Pr Sci Nat 400174/07)

15 years experience in the mining industry.

Linert Mutongoreya (Geologist and Mineral Resource Evaluator)

BSc Honours (Geology), University of Zimbabwe (2000) Member of the Geological Society of South Africa (GSSA)

Member of Geostatistical Association of South Africa (GASA) South African Council for National Scientific Professions (Pr Sci Nat 400181/08)

14 years experience in the mining industry.

Lynne Soulsby (Social Scientist and Mineral Rights Expert)

BA Honours (Sociology), University of the Witwatersrand (2004) 10 years experience in minerals industry focusing on Mineral Rights and Tenure administration.

John Murphy (Economic Geologist)

BSc Honours (Eng. Geology), University of Natal (1990)

MBA, Gordon Institute of Business Science (2004) Fellow of the Geological Society of South Africa

Committee Member of the Barberton Branch, Geological Society of South Africa (1991) South African Council for Natural Scientific Professions (Pr Sci Nat 400004/94)

24 years experience in base and precious metal exploration and mining industry.

Andrew Hart (Chartered Accountant)

B Com & H Dip Acc, Rhodes University (1994) Member of the South African Institute of Chartered Accountants (No 03171331)

12 years experience in the minerals consulting industry.

T2.14

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Appendix 2: Kriging Efficiency Plots for the Uranium Section

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Kriging efficiencies for the UDOM U3O8 mg/t estimation

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Kriging efficiencies for the UDOM Au mg/t estimation

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Kriging efficiencies for the UDOM Thickness m estimation

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Kriging efficiencies for the LDOM U3O8 mg/t estimation

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Kriging efficiencies for the LDOM Au mg/t estimation

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Kriging efficiencies for the LDOM Thickness m estimation

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Appendix 3: Number of Samples used for the estimation

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Map of number of samples used to estimate the UDOM U3O8

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Map of number of samples used to estimate the LDOM U3O8

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: Map of number of samples used to estimate the UDOM Au

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Map of number of samples used to estimate the LDOM Au

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Appendix 4: Uranium Section - U3O8 ppm Grade Sensitivity Tables

T5.7B (v)

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Dominion - Upper Dominion Reef – Indicated Mineral Resources Inventory

Farm U3O8 (g/t) Cut-

off Grade

SG

(t/m3)

Cumulative

Tonne (t)

Cumulative

Thickness (m)

Cumulative Au

content (g)

Cumulative U3O8

content (g)

Au (g/t) above

cut-off

U3O8 (g/t)

above cut-off

U3O8 Content

(klbs)

Au Content

(koz)

Gold Value

per Tonne

U3O8 Value

per Tonne Total Value

Dom

inio

n -

Upper

Dom

inio

n R

eef

- In

dic

ate

d

200 2.75 28 589 315 1.39 17 368 463 10 825 962 105 0.61 378.67 23 867 558 R307.63 R556.20 R863.83

225 2.75 28 277 672 1.39 17 267 773 10 761 436 455 0.61 380.56 23 725 555 R309.22 R558.98 R868.19

250 2.75 27 985 950 1.39 17 149 083 10 692 054 316 0.61 382.05 23 572 551 R310.29 R561.16 R871.46

275 2.75 27 016 359 1.39 16 720 125 10 441 558 478 0.62 386.49 23 019 538 R313.39 R567.68 R881.07

300 2.75 23 781 554 1.39 14 986 761 9 508 920 366 0.63 399.84 20 963 482 R319.11 R587.30 R906.41

325 2.75 19 677 120 1.39 12 588 351 8 217 196 560 0.64 417.60 18 116 405 R323.95 R613.38 R937.33

350 2.75 14 423 689 1.39 9 708 539 6 457 624 529 0.67 447.71 14 236 312 R340.84 R657.60 R998.44

375 2.75 11 478 817 1.39 8 116 819 5 395 893 818 0.71 470.07 11 896 261 R358.06 R690.45 R1 048.52

400 2.75 9 500 704 1.39 6 860 732 4 628 901 746 0.72 487.22 10 205 221 R365.67 R715.63 R1 081.30

425 2.75 7 624 632 1.40 5 821 899 3 854 339 107 0.76 505.51 8 497 187 R386.65 R742.50 R1 129.15

450 2.75 5 497 358 1.40 4 285 327 2 924 547 646 0.78 531.99 6 447 138 R394.73 R781.40 R1 176.13

475 2.75 4 366 604 1.40 3 522 861 2 402 961 505 0.81 550.30 5 298 113 R408.53 R808.30 R1 216.82

500 2.75 3 309 760 1.39 2 767 051 1 892 397 304 0.84 571.76 4 172 89 R423.34 R839.81 R1 263.16

525 2.75 2 054 875 1.41 1 803 466 1 255 526 956 0.88 611.00 2 768 58 R444.42 R897.44 R1 341.86

550 2.75 1 531 080 1.41 1 365 000 972 458 074 0.89 635.15 2 144 44 R451.45 R932.91 R1 384.36

575 2.75 1 320 105 1.40 1 222 957 853 833 404 0.93 646.79 1 882 39 R469.11 R950.02 R1 419.13

600 2.75 1 063 596 1.39 1 063 165 700 104 656 1.00 658.24 1 543 34 R506.17 R966.84 R1 473.01

625 2.75 787 993 1.38 811 082 533 725 986 1.03 677.32 1 177 26 R521.21 R994.86 R1 516.07

650 2.75 655 463 1.39 679 674 448 759 322 1.04 684.64 989 22 R525.08 R1 005.62 R1 530.69

675 2.75 491 396 1.38 493 607 341 098 257 1.00 694.14 752 16 R508.65 R1 019.57 R1 528.22

700 2.75 172 239 1.39 197 347 123 249 076 1.15 715.57 272 6 R580.19 R1 051.04 R1 631.23

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Rietkuil - Upper Dominion Reef – Indicated Mineral Resources Inventory

Farm U3O8 (g/t) Cut-

off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Rie

tkuil

- U

pper

Dom

inio

n R

eef

- In

dic

ate

d

250 2.75 62 255 363 1.42 36 089 290 30 001 938 791 0.58 481.92 66 142 1 160 R293.54 R707.85 R1 001.39

275 2.75 61 783 161 1.42 35 883 309 29 873 838 966 0.58 483.53 65 860 1 154 R294.10 R710.21 R1 004.31

300 2.75 59 140 078 1.42 34 246 677 29 102 573 330 0.58 492.10 64 160 1 101 R293.23 R722.80 R1 016.03

325 2.75 56 053 662 1.41 32 967 851 28 135 320 869 0.59 501.94 62 027 1 060 R297.82 R737.25 R1 035.07

350 2.75 49 361 079 1.40 29 678 093 25 885 055 400 0.60 524.40 57 066 954 R304.45 R770.25 R1 074.70

375 2.75 42 056 764 1.40 26 101 562 23 245 731 688 0.62 552.72 51 248 839 R314.27 R811.85 R1 126.12

400 2.75 35 145 656 1.38 22 256 836 20 576 589 268 0.63 585.47 45 363 716 R320.67 R859.94 R1 180.61

425 2.75 28 666 144 1.36 19 397 952 17 892 525 291 0.68 624.17 39 446 624 R342.66 R916.79 R1 259.44

450 2.75 24 765 063 1.35 17 492 629 16 182 088 082 0.71 653.42 35 675 562 R357.67 R959.76 R1 317.43

475 2.75 22 307 528 1.33 15 925 506 15 047 660 201 0.71 674.56 33 174 512 R361.50 R990.80 R1 352.30

500 2.75 19 329 877 1.32 14 378 301 13 598 585 461 0.74 703.50 29 979 462 R376.66 R1 033.31 R1 409.97

525 2.75 17 532 050 1.32 13 426 786 12 685 853 525 0.77 723.58 27 967 432 R387.80 R1 062.81 R1 450.61

550 2.75 15 552 452 1.31 12 020 172 11 625 427 897 0.77 747.50 25 629 386 R391.37 R1 097.94 R1 489.30

575 2.75 13 301 070 1.30 10 676 618 10 358 332 824 0.80 778.76 22 836 343 R406.46 R1 143.85 R1 550.31

600 2.75 11 071 598 1.29 9 084 391 9 049 108 272 0.82 817.33 19 950 292 R415.49 R1 200.50 R1 615.99

625 2.75 9 495 152 1.28 7 826 422 8 085 612 065 0.82 851.55 17 826 252 R417.38 R1 250.77 R1 668.15

650 2.75 8 714 092 1.28 7 332 193 7 587 250 740 0.84 870.69 16 727 236 R426.07 R1 278.88 R1 704.95

675 2.75 7 555 371 1.27 6 376 497 6 820 218 137 0.84 902.70 15 036 205 R427.36 R1 325.90 R1 753.26

700 2.75 5 515 545 1.24 4 585 871 5 411 040 727 0.83 981.05 11 929 147 R421.02 R1 440.98 R1 862.01

725 2.75 4 729 108 1.24 4 092 916 4 847 768 459 0.87 1025.09 10 687 132 R438.25 R1 505.67 R1 943.92

750 2.75 4 119 343 1.23 3 601 079 4 403 008 766 0.87 1068.86 9 707 116 R442.67 R1 569.96 R2 012.63

775 2.75 3 450 231 1.21 3 081 020 3 894 419 875 0.89 1128.74 8 586 99 R452.19 R1 657.91 R2 110.10

800 2.75 3 006 298 1.21 2 732 950 3 542 817 139 0.91 1178.46 7 810 88 R460.33 R1 730.95 R2 191.28

825 2.75 2 584 234 1.19 2 378 490 3 202 343 959 0.92 1239.18 7 060 76 R466.06 R1 820.13 R2 286.19

850 2.75 2 311 520 1.18 2 167 328 2 975 731 351 0.94 1287.35 6 560 70 R474.79 R1 890.88 R2 365.66

875 2.75 2 163 439 1.18 2 062 473 2 847 779 520 0.95 1316.32 6 278 66 R482.74 R1 933.43 R2 416.17

900 2.75 1 408 405 1.16 1 463 534 2 177 184 573 1.04 1545.85 4 800 47 R526.20 R2 270.57 R2 796.76

925 2.75 1 400 964 1.16 1 458 919 2 170 352 002 1.04 1549.18 4 785 47 R527.32 R2 275.47 R2 802.79

975 2.75 980 888 1.11 1 184 546 1 776 900 986 1.21 1811.52 3 917 38 R611.51 R2 660.79 R3 272.30

1 000 2.75 867 947 1.11 1 055 717 1 665 253 734 1.22 1918.61 3 671 34 R615.92 R2 818.09 R3 434.01

1 050 2.75 856 010 1.11 1 044 107 1 653 303 556 1.22 1931.41 3 645 34 R617.64 R2 836.88 R3 454.52

1 075 2.75 751 807 1.11 890 340 1 541 300 936 1.18 2050.13 3 398 29 R599.68 R3 011.26 R3 610.94

1 650 2.75 680 576 1.09 825 761 1 463 753 027 1.21 2150.76 3 227 27 R614.40 R3 159.06 R3 773.46

1 675 2.75 513 809 1.09 649 209 1 186 859 675 1.26 2309.93 2 617 21 R639.82 R3 392.85 R4 032.67

1 875 2.75 480 435 1.08 612 700 1 130 249 568 1.28 2352.55 2 492 20 R645.78 R3 455.47 R4 101.25

2 150 2.75 296 547 1.08 413 198 781 008 812 1.39 2633.67 1 722 13 R705.56 R3 868.38 R4 573.94

2 525 2.75 210 186 1.07 290 863 594 311 769 1.38 2827.55 1 310 9 R700.74 R4 153.14 R4 853.88

3 650 2.75 55 224 1.07 75 738 202 290 773 1.37 3663.11 446 2 R694.48 R5 380.44 R6 074.91

3 725 2.75 1 788 1.07 2 572 6 697 980 1.44 3746.54 15 0 R728.59 R5 502.97 R6 231.56

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Dominion - Upper Dominion Reef – Inferred Mineral Resources Inventory

Farm U3O8 (g/t) Cut-

off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8

content (g) Au (g/t)

above cut-off U3O8 (g/t)

above cut-off U3O8 Content

(klbs) Au Content

(koz) Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Dom

inio

n –

Upper

Dom

inio

n R

eef

- In

ferr

ed

200 2.75 59 127 581 1.41 31 181 801 19 523 086 598 0.53 330.19 43 041 1 003 R267.04 R484.98 R752.03

225 2.75 57 784 571 1.41 30 621 989 19 232 430 590 0.53 332.83 42 400 985 R268.34 R488.87 R757.21

250 2.75 53 517 864 1.41 28 593 650 18 212 534 686 0.53 340.31 40 151 919 R270.55 R499.85 R770.40

275 2.75 46 350 648 1.41 24 730 047 16 345 201 643 0.53 352.64 36 035 795 R270.17 R517.97 R788.14

300 2.75 36 816 024 1.42 19 845 860 13 591 997 210 0.54 369.19 29 965 638 R272.96 R542.27 R815.23

325 2.75 26 547 451 1.42 14 684 091 10 397 155 423 0.55 391.64 22 922 472 R280.09 R575.25 R855.34

350 2.75 20 170 792 1.41 11 780 157 8 240 390 970 0.58 408.53 18 167 379 R295.73 R600.06 R895.79

375 2.75 12 631 445 1.40 8 179 706 5 522 089 850 0.65 437.17 12 174 263 R327.91 R642.12 R970.03

400 2.75 8 724 583 1.38 6 061 803 4 012 422 788 0.69 459.90 8 846 195 R351.83 R675.51 R1 027.33

425 2.75 5 993 097 1.40 4 333 551 2 887 554 524 0.72 481.81 6 366 139 R366.15 R707.69 R1 073.85

450 2.75 4 082 739 1.40 3 084 561 2 049 993 194 0.76 502.11 4 519 99 R382.57 R737.51 R1 120.08

475 2.75 3 153 188 1.38 2 487 879 1 616 279 816 0.79 512.59 3 563 80 R399.53 R752.89 R1 152.43

500 2.75 1 691 525 1.40 1 195 638 899 041 607 0.71 531.50 1 982 38 R357.93 R780.67 R1 138.60

525 2.75 977 290 1.42 710 406 533 865 195 0.73 546.27 1 177 23 R368.09 R802.37 R1 170.46

550 2.75 463 398 1.28 411 232 262 229 909 0.89 565.88 578 13 R449.37 R831.18 R1 280.55

575 2.75 16 520 1.24 7 022 9 607 431 0.43 581.56 21 0 R215.23 R854.21 R1 069.44

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Rietkuil - Upper Dominion Reef – Inferred Mineral Resources Inventory

Farm U3O8 (g/t) Cut-

off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Rie

tkuil

- U

pper

Dom

inio

n R

eef

- In

ferr

ed

200 2.75 47 561 358 1.39 28 721 697 20 131 780 357 0.60 423.28 44 383 923 R305.79 R621.72 R927.51

225 2.75 46 501 253 1.39 28 328 777 19 903 768 478 0.61 428.03 43 880 911 R308.49 R628.69 R937.18

250 2.75 45 748 591 1.38 27 930 958 19 723 977 727 0.61 431.14 43 483 898 R309.16 R633.26 R942.42

275 2.75 42 936 166 1.38 26 330 871 18 986 345 761 0.61 442.20 41 857 847 R310.54 R649.51 R960.05

300 2.75 38 402 954 1.37 23 707 083 17 694 315 611 0.62 460.75 39 009 762 R312.60 R676.76 R989.36

325 2.75 34 613 013 1.36 21 577 807 16 508 419 327 0.62 476.94 36 394 694 R315.67 R700.54 R1 016.21

350 2.75 31 330 535 1.35 19 829 745 15 412 765 688 0.63 491.94 33 979 638 R320.49 R722.57 R1 043.06

375 2.75 27 546 480 1.35 17 805 387 14 041 548 366 0.65 509.74 30 956 572 R327.31 R748.71 R1 076.02

400 2.75 19 632 980 1.36 13 103 280 10 998 862 440 0.67 560.22 24 248 421 R337.96 R822.86 R1 160.82

425 2.75 10 886 882 1.35 7 604 968 7 402 165 546 0.70 679.92 16 319 245 R353.72 R998.67 R1 352.40

450 2.75 6 090 850 1.29 4 659 632 5 321 129 886 0.77 873.63 11 731 150 R387.39 R1 283.20 R1 670.58

475 2.75 3 498 401 1.21 3 053 904 4 131 585 546 0.87 1180.99 9 108 98 R442.04 R1 734.66 R2 176.70

500 2.75 3 303 182 1.21 2 933 631 4 037 460 304 0.89 1222.29 8 901 94 R449.72 R1 795.32 R2 245.05

525 2.75 3 179 573 1.21 2 849 025 3 973 897 355 0.90 1249.82 8 761 92 R453.73 R1 835.76 R2 289.49

550 2.75 2 985 260 1.20 2 696 556 3 868 314 917 0.90 1295.81 8 528 87 R457.40 R1 903.30 R2 360.70

575 2.75 2 809 118 1.20 2 497 280 3 770 594 733 0.89 1342.27 8 313 80 R450.16 R1 971.55 R2 421.71

600 2.75 2 807 036 1.20 2 495 206 3 769 351 781 0.89 1342.82 8 310 80 R450.12 R1 972.36 R2 422.48

625 2.75 2 694 867 1.20 2 375 573 3 699 595 748 0.88 1372.83 8 156 76 R446.38 R2 016.43 R2 462.81

650 2.75 2 660 809 1.20 2 355 232 3 677 669 704 0.89 1382.16 8 108 76 R448.22 R2 030.14 R2 478.36

675 2.75 2 514 142 1.19 2 233 075 3 581 162 520 0.89 1424.41 7 895 72 R449.76 R2 092.19 R2 541.95

700 2.75 2 475 250 1.18 2 211 495 3 553 949 927 0.89 1435.79 7 835 71 R452.42 R2 108.92 R2 561.33

725 2.75 2 368 914 1.18 2 148 885 3 477 880 991 0.91 1468.13 7 667 69 R459.34 R2 156.42 R2 615.76

750 2.75 2 366 918 1.18 2 147 449 3 476 417 521 0.91 1468.75 7 664 69 R459.42 R2 157.33 R2 616.75

775 2.75 2 164 514 1.17 1 977 960 3 322 900 484 0.91 1535.17 7 326 64 R462.73 R2 254.88 R2 717.61

800 2.75 2 160 366 1.17 1 974 288 3 319 626 860 0.91 1536.60 7 318 63 R462.76 R2 256.99 R2 719.75

825 2.75 2 091 039 1.17 1 926 495 3 262 553 938 0.92 1560.26 7 193 62 R466.53 R2 291.73 R2 758.25

850 2.75 2 091 039 1.17 1 926 495 3 262 553 938 0.92 1560.26 7 193 62 R466.53 R2 291.73 R2 758.25

875 2.75 1 975 421 1.16 1 850 280 3 163 514 641 0.94 1601.44 6 974 59 R474.30 R2 352.22 R2 826.51

900 2.75 1 876 596 1.16 1 758 539 3 074 946 352 0.94 1638.58 6 779 57 R474.52 R2 406.77 R2 881.28

925 2.75 1 750 071 1.15 1 675 283 2 959 429 782 0.96 1691.03 6 524 54 R484.73 R2 483.82 R2 968.55

975 2.75 1 550 522 1.15 1 533 442 2 773 639 477 0.99 1788.84 6 115 49 R500.80 R2 627.48 R3 128.27

1000 2.75 1 234 817 1.14 1 314 926 2 463 422 551 1.06 1994.97 5 431 42 R539.23 R2 930.24 R3 469.47

1025 2.75 1 046 954 1.13 1 172 176 2 272 617 871 1.12 2170.70 5 010 38 R566.94 R3 188.35 R3 755.29

1075 2.75 1 003 744 1.13 1 139 322 2 227 701 997 1.14 2219.39 4 911 37 R574.77 R3 259.88 R3 834.65

1125 2.75 907 898 1.11 1 055 808 2 123 189 264 1.16 2338.58 4 681 34 R588.87 R3 434.94 R4 023.81

1325 2.75 795 562 1.11 979 396 1 996 242 244 1.23 2509.22 4 401 31 R623.38 R3 685.58 R4 308.97

1500 2.75 681 703 1.11 854 847 1 843 055 359 1.25 2703.61 4 063 27 R634.99 R3 971.10 R4 606.08

1525 2.75 615 661 1.10 793 641 1 743 976 547 1.29 2832.69 3 845 26 R652.76 R4 160.70 R4 813.46

1650 2.75 518 395 1.09 683 800 1 593 219 214 1.32 3073.37 3 512 22 R667.94 R4 514.21 R5 182.16

1675 2.75 511 001 1.09 675 973 1 580 943 385 1.32 3093.81 3 485 22 R669.85 R4 544.24 R5 214.09

1750 2.75 468 074 1.09 629 012 1 508 126 309 1.34 3221.99 3 325 20 R680.48 R4 732.50 R5 412.98

2075 2.75 462 429 1.09 622 542 1 498 176 179 1.35 3239.80 3 303 20 R681.70 R4 758.67 R5 440.37

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Farm U3O8 (g/t) Cut-

off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

2150 2.75 411 942 1.08 562 778 1 392 268 300 1.37 3379.77 3 069 18 R691.79 R4 964.26 R5 656.04

2325 2.75 325 956 1.08 440 974 1 206 382 612 1.35 3701.06 2 660 14 R685.06 R5 436.17 R6 121.23

2700 2.75 320 344 1.08 433 960 1 193 217 316 1.35 3724.80 2 631 14 R685.97 R5 471.04 R6 157.01

3350 2.75 242 127 1.07 336 761 981 250 071 1.39 4052.63 2 163 11 R704.29 R5 952.56 R6 656.85

3650 2.75 231 581 1.07 323 026 945 725 512 1.39 4083.78 2 085 10 R706.33 R5 998.32 R6 704.64

3725 2.75 188 887 1.07 264 569 789 452 195 1.40 4179.49 1 740 9 R709.26 R6 138.90 R6 848.16

4525 2.75 71 695 1.06 95 948 350 388 081 1.34 4887.19 772 3 R677.67 R7 178.38 R7 856.05

4975 2.75 55 906 1.06 75 187 278 752 358 1.34 4986.10 615 2 R681.02 R7 323.66 R8 004.68

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© Mineral Corporation Consultancy (Pty) Ltd Report No. C-SHU-CPR-1470-924, November 2014 A Competent Person’s Report on the Shiva Uranium Mine Mineral Resource Assets in the North West Province, Republic of South Africa

Dominion - Lower Dominion Reef – Indicated Mineral Resources Inventory

Farm U3O8 (g/t) Cut-

off Grade

SG

(t/m3)

Cumulative

Tonne (t)

Cumulative

Thickness (m)

Cumulative Au

content (g)

Cumulative U3O8

content (g)

Au (g/t)

above cut-off

U3O8 (g/t)

above cut-off

U3O8 Content

(klbs)

Au Content

(koz)

Gold Value

per Tonne

U3O8 Value

per Tonne

Total

Value

Dom

inio

n -

Low

er

Dom

inio

n R

eef

- In

dic

ate

d

50 2.72 29 091 546 1.17 15 078 375 9 352 630 445 0.52 321.49 20 619 485 R262.46 R472.21 R734.67

75 2.72 29 078 402 1.17 15 071 256 9 351 883 579 0.52 321.61 20 617 485 R262.45 R472.38 R734.84

100 2.72 29 057 990 1.17 15 062 975 9 350 208 281 0.52 321.78 20 613 484 R262.49 R472.63 R735.12

125 2.72 28 843 813 1.17 14 879 134 9 324 745 315 0.52 323.28 20 557 478 R261.21 R474.84 R736.06

150 2.72 27 113 996 1.17 13 243 015 9 081 520 447 0.49 334.94 20 021 426 R247.32 R491.96 R739.29

175 2.72 24 186 361 1.17 11 418 838 8 610 753 839 0.47 356.02 18 983 367 R239.07 R522.92 R761.99

200 2.72 21 700 123 1.17 9 676 052 8 144 549 752 0.45 375.32 17 955 311 R225.79 R551.28 R777.07

225 2.72 19 055 639 1.17 8 488 912 7 587 429 232 0.45 398.17 16 727 273 R225.58 R584.84 R810.42

250 2.72 16 032 734 1.16 6 735 255 6 867 182 769 0.42 428.32 15 139 217 R212.72 R629.13 R841.85

275 2.72 13 381 177 1.16 5 407 210 6 173 507 091 0.40 461.36 13 610 174 R204.62 R677.65 R882.27

300 2.72 11 564 950 1.16 4 497 845 5 652 179 260 0.39 488.73 12 461 145 R196.94 R717.86 R914.80

325 2.72 10 272 069 1.16 3 950 914 5 243 531 692 0.38 510.47 11 560 127 R194.77 R749.78 R944.54

350 2.72 8 924 880 1.17 3 396 089 4 786 801 535 0.38 536.34 10 553 109 R192.69 R787.79 R980.47

375 2.72 7 780 316 1.17 2 874 174 4 368 431 448 0.37 561.47 9 631 92 R187.06 R824.70 R1 011.76

400 2.72 7 124 310 1.17 2 609 351 4 110 204 966 0.37 576.93 9 061 84 R185.46 R847.40 R1 032.86

425 2.72 6 493 140 1.17 2 275 852 3 847 241 273 0.35 592.51 8 482 73 R177.48 R870.29 R1 047.77

450 2.72 5 712 038 1.17 2 027 465 3 504 588 708 0.35 613.54 7 726 65 R179.74 R901.18 R1 080.92

475 2.72 5 092 340 1.17 1 825 496 3 222 390 732 0.36 632.79 7 104 59 R181.52 R929.45 R1 110.98

500 2.72 4 538 695 1.16 1 680 775 2 947 885 024 0.37 649.50 6 499 54 R187.52 R954.00 R1 141.52

525 2.72 3 857 712 1.17 1 384 713 2 596 514 043 0.36 673.07 5 724 45 R181.76 R988.62 R1 170.38

550 2.72 3 151 788 1.17 1 113 915 2 214 732 333 0.35 702.69 4 883 36 R178.96 R1 032.12 R1 211.09

575 2.72 3 055 810 1.17 1 095 159 2 160 312 619 0.36 706.95 4 763 35 R181.48 R1 038.38 R1 219.86

600 2.72 2 595 395 1.17 938 289 1 890 254 292 0.36 728.31 4 167 30 R183.06 R1 069.75 R1 252.82

625 2.72 1 928 336 1.15 724 113 1 478 371 791 0.38 766.66 3 259 23 R190.15 R1 126.08 R1 316.23

675 2.72 1 594 342 1.14 613 904 1 265 162 594 0.39 793.53 2 789 20 R194.98 R1 165.55 R1 360.53

700 2.72 1 470 652 1.14 571 062 1 180 428 857 0.39 802.66 2 602 18 R196.63 R1 178.95 R1 375.58

725 2.72 1 301 406 1.15 512 038 1 061 194 980 0.39 815.42 2 340 16 R199.23 R1 197.70 R1 396.94

750 2.72 1 166 633 1.14 459 353 962 019 713 0.39 824.61 2 121 15 R199.38 R1 211.20 R1 410.58

775 2.72 825 817 1.13 358 960 704 803 693 0.43 853.46 1 554 12 R220.11 R1 253.58 R1 473.68

800 2.72 652 290 1.12 270 599 569 314 272 0.41 872.79 1 255 9 R210.07 R1 281.97 R1 492.04

825 2.72 462 980 1.11 177 324 413 597 455 0.38 893.34 912 6 R193.94 R1 312.15 R1 506.09

850 2.72 451 592 1.11 174 435 404 126 729 0.39 894.89 891 6 R195.60 R1 314.43 R1 510.03

875 2.72 280 683 1.09 122 114 255 499 182 0.44 910.28 563 4 R220.30 R1 337.03 R1 557.33

950 2.72 101 086 1.12 39 926 98 009 030 0.39 969.56 216 1 R200.00 R1 424.11 R1 624.11

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199

© Mineral Corporation Consultancy (Pty) Ltd Report No. C-SHU-CPR-1470-924, November 2014 A Competent Person’s Report on the Shiva Uranium Mine Mineral Resource Assets in the North West Province, Republic of South Africa

Rietkuil - Lower Dominion Reef –Indicated Mineral Resources Inventory

Farm U3O8 (g/t)

Cut-off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Rie

tkuil

- Low

er

Dom

inio

n R

eef

- In

dic

ate

d

75 2.72 16 844 335 1.07 7 554 490 5 603 011 724 0.45 332.63 12 352 243 R227.10 R488.58 R715.68

100 2.72 16 794 906 1.07 7 541 795 5 599 138 144 0.45 333.38 12 344 242 R227.39 R489.68 R717.07

125 2.72 16 258 822 1.08 7 400 435 5 537 803 754 0.46 340.60 12 209 238 R230.48 R500.28 R730.77

150 2.72 16 217 079 1.08 7 395 746 5 531 937 560 0.46 341.12 12 196 238 R230.93 R501.04 R731.97

175 2.72 15 271 580 1.08 7 113 852 5 374 816 327 0.47 351.95 11 849 229 R235.88 R516.95 R752.83

200 2.72 13 963 739 1.08 6 693 859 5 129 624 259 0.48 367.35 11 309 215 R242.74 R539.57 R782.32

225 2.72 12 589 290 1.08 6 125 678 4 836 703 455 0.49 384.19 10 663 197 R246.39 R564.31 R810.70

250 2.72 11 235 614 1.08 5 577 428 4 519 526 153 0.50 402.25 9 964 179 R251.37 R590.83 R842.20

275 2.72 9 426 331 1.08 4 940 744 4 042 861 246 0.52 428.89 8 913 159 R265.41 R629.96 R895.37

300 2.72 8 250 121 1.07 4 338 459 3 703 706 884 0.53 448.93 8 165 139 R266.29 R659.39 R925.68

325 2.72 7 686 495 1.08 4 003 607 3 527 852 470 0.52 458.97 7 778 129 R263.75 R674.14 R937.89

350 2.72 6 115 319 1.05 3 026 074 3 005 895 292 0.49 491.54 6 627 97 R250.57 R721.97 R972.55

375 2.72 5 152 507 1.04 2 546 165 2 655 430 544 0.49 515.37 5 854 82 R250.23 R756.98 R1 007.21

400 2.72 3 871 296 1.03 1 646 891 2 152 279 759 0.43 555.96 4 745 53 R215.42 R816.60 R1 032.02

425 2.72 3 501 899 1.03 1 541 896 2 002 099 206 0.44 571.72 4 414 50 R222.96 R839.75 R1 062.71

450 2.72 3 075 075 1.02 1 263 865 1 817 523 797 0.41 591.05 4 007 41 R208.12 R868.14 R1 076.26

475 2.72 2 816 580 1.02 1 103 936 1 698 371 587 0.39 602.99 3 744 35 R198.47 R885.68 R1 084.15

500 2.72 2 394 293 1.02 848 549 1 493 733 471 0.35 623.87 3 293 27 R179.46 R916.35 R1 095.81

525 2.72 2 254 670 1.02 804 911 1 422 258 868 0.36 630.81 3 136 26 R180.77 R926.54 R1 107.31

550 2.72 1 865 546 1.02 601 522 1 212 699 710 0.32 650.05 2 674 19 R163.27 R954.80 R1 118.08

575 2.72 1 728 905 1.02 521 300 1 136 391 867 0.30 657.29 2 505 17 R152.68 R965.44 R1 118.12

600 2.72 1 449 792 1.01 432 061 971 842 278 0.30 670.33 2 143 14 R150.91 R984.59 R1 135.50

625 2.72 1 012 309 1.01 240 350 702 774 704 0.24 694.23 1 549 8 R120.23 R1 019.69 R1 139.92

650 2.72 718 255 1.02 172 916 517 395 806 0.24 720.35 1 141 6 R121.91 R1 058.06 R1 179.97

675 2.72 564 847 1.02 156 329 414 068 073 0.28 733.06 913 5 R140.15 R1 076.73 R1 216.88

700 2.72 420 382 1.02 139 795 316 521 475 0.33 752.94 698 4 R168.39 R1 105.92 R1 274.32

850 2.72 118 107 1.02 11 301 100 931 228 0.10 854.57 223 0 R51.91 R1 158.65 R1 210.56

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© Mineral Corporation Consultancy (Pty) Ltd Report No. C-SHU-CPR-1470-924, November 2014 A Competent Person’s Report on the Shiva Uranium Mine Mineral Resource Assets in the North West Province, Republic of South Africa

Dominion - Lower Dominion Reef – Inferred Mineral Resources Inventory

Farm U3O8 (g/t)

Cut-off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Dom

inio

n –

Low

er

Dom

inio

n R

eef

- In

ferr

ed

50 2.72 25 383 219 1.08 10 675 382 4 763 150 908 0.42 187.65 10 501 343 R212.97 R275.62 R488.59

75 2.72 25 359 669 1.08 10 662 629 4 761 812 773 0.42 187.77 10 498 343 R212.91 R275.80 R488.71

100 2.72 23 782 214 1.08 10 363 001 4 616 281 255 0.44 194.11 10 177 333 R220.65 R285.11 R505.76

125 2.72 19 747 468 1.09 8 515 164 4 162 657 339 0.43 210.79 9 177 274 R218.35 R309.62 R527.97

150 2.72 14 477 772 1.09 6 222 783 3 439 319 706 0.43 237.56 7 582 200 R217.65 R348.93 R566.58

175 2.72 8 956 247 1.10 3 874 246 2 548 078 622 0.43 284.50 5 617 125 R219.04 R417.88 R636.93

200 2.72 6 453 906 1.11 2 352 573 2 087 169 741 0.36 323.40 4 601 76 R184.58 R475.01 R659.59

225 2.72 5 260 005 1.12 1 739 255 1 837 288 271 0.33 349.29 4 050 56 R167.44 R513.05 R680.48

250 2.72 4 537 972 1.11 1 488 485 1 665 070 548 0.33 366.92 3 671 48 R166.09 R538.94 R705.03

275 2.72 4 048 134 1.11 1 328 254 1 537 345 003 0.33 379.77 3 389 43 R166.15 R557.81 R723.96

300 2.72 3 098 015 1.11 1 063 671 1 266 618 489 0.34 408.85 2 792 34 R173.86 R600.52 R774.38

325 2.72 2 808 093 1.11 903 024 1 177 056 354 0.32 419.17 2 595 29 R162.84 R615.68 R778.52

350 2.72 2 478 273 1.11 780 284 1 064 300 128 0.31 429.45 2 346 25 R159.43 R630.79 R790.22

375 2.72 2 366 097 1.11 741 917 1 023 845 311 0.31 432.71 2 257 24 R158.78 R635.58 R794.36

400 2.72 1 877 500 1.10 513 742 832 729 326 0.27 443.53 1 836 17 R138.56 R651.46 R790.02

425 2.72 1 036 080 1.09 316 834 488 140 494 0.31 471.14 1 076 10 R154.85 R692.02 R846.87

450 2.72 591 905 1.08 213 990 292 786 061 0.36 494.65 645 7 R183.07 R726.55 R909.62

500 2.72 332 035 1.11 103 715 172 598 191 0.31 519.82 381 3 R158.17 R763.52 R921.69

575 2.72 72 404 1.22 48 519 41 738 618 0.67 576.47 92 2 R339.33 R846.73 R1 186.06

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Rietkuil - Lower Dominion Reef –Inferred Mineral Resources Inventory

Farm U3O8 (g/t)

Cut-off Grade SG

(t/m3) Cumulative Tonne (t)

Cumulative Thickness (m)

Cumulative Au content (g)

Cumulative U3O8 content (g)

Au (g/t) above cut-off

U3O8 (g/t) above cut-off

U3O8 Content (klbs)

Au Content (koz)

Gold Value per Tonne

U3O8 Value per Tonne

Total Value

Rie

tkuil

– L

ow

er

Dom

inio

n

Reef

- In

ferr

ed

25 2.72 62 684 000 1.29 32 033 191 15 809 583 646 0.51 252.21 34 854 1 030 R258.77 R370.45 R629.22

50 2.72 62 678 996 1.29 32 032 996 15 809 385 718 0.51 252.23 34 853 1 030 R258.79 R370.48 R629.27

75 2.72 60 989 216 1.30 31 618 706 15 704 077 998 0.52 257.49 34 621 1 017 R262.52 R378.20 R640.72

100 2.72 57 823 938 1.31 30 631 869 15 419 712 080 0.53 266.67 33 994 985 R268.25 R391.68 R659.93

125 2.72 51 415 676 1.34 28 756 322 14 702 921 836 0.56 285.96 32 414 925 R283.21 R420.02 R703.24

150 2.72 48 434 461 1.36 27 686 339 14 297 512 026 0.57 295.19 31 520 890 R289.46 R433.58 R723.04

175 2.72 46 173 486 1.37 26 811 463 13 928 219 406 0.58 301.65 30 706 862 R294.04 R443.07 R737.10

200 2.72 43 093 719 1.38 25 648 387 13 352 323 733 0.60 309.84 29 437 825 R301.38 R455.10 R756.49

225 2.72 38 877 307 1.39 23 561 456 12 437 579 945 0.61 319.92 27 420 758 R306.89 R469.90 R776.79

250 2.72 35 431 255 1.39 21 805 444 11 613 245 652 0.62 327.77 25 603 701 R311.64 R481.43 R793.07

275 2.72 26 421 976 1.39 16 519 691 9 223 923 790 0.63 349.10 20 335 531 R316.60 R512.76 R829.36

300 2.72 15 662 871 1.38 9 818 429 6 097 175 633 0.63 389.28 13 442 316 R317.43 R571.77 R889.20

325 2.72 10 858 297 1.35 6 606 853 4 587 621 512 0.61 422.50 10 114 212 R308.11 R620.57 R928.68

350 2.72 8 549 782 1.34 5 501 259 3 821 194 046 0.64 446.93 8 424 177 R325.82 R656.46 R982.28

375 2.72 6 341 169 1.32 3 862 869 3 032 033 373 0.61 478.15 6 684 124 R308.47 R702.31 R1 010.78

400 2.72 5 819 490 1.33 3 565 401 2 830 070 764 0.61 486.31 6 239 115 R310.24 R714.30 R1 024.54

425 2.72 3 471 279 1.31 2 104 731 1 857 721 827 0.61 535.17 4 096 68 R307.03 R786.06 R1 093.09

450 2.72 2 958 431 1.28 1 851 723 1 634 413 510 0.63 552.46 3 603 60 R316.95 R811.46 R1 128.41

475 2.72 2 486 494 1.27 1 626 932 1 415 741 345 0.65 569.37 3 121 52 R331.32 R836.30 R1 167.63

500 2.72 2 346 799 1.27 1 499 848 1 346 972 941 0.64 573.96 2 970 48 R323.63 R843.04 R1 166.67

525 2.72 1 908 492 1.25 1 223 454 1 123 411 284 0.64 588.64 2 477 39 R324.62 R864.60 R1 189.22

550 2.72 1 047 459 1.15 694 114 662 564 046 0.66 632.54 1 461 22 R335.56 R929.09 R1 264.65

575 2.72 683 168 1.08 354 510 456 662 741 0.52 668.45 1 007 11 R262.77 R981.83 R1 244.59

600 2.72 429 167 1.02 42 495 307 748 474 0.10 717.08 678 1 R50.14 R1 053.26 R1 103.40

625 2.72 308 033 1.03 31 956 232 111 343 0.10 753.53 512 1 R52.53 R1 106.79 R1 159.32

650 2.72 288 627 1.03 30 316 219 818 669 0.11 761.60 485 1 R53.19 R1 118.65 R1 171.84

675 2.72 161 225 1.03 16 793 134 837 210 0.10 836.33 297 1 R52.74 R1 228.42 R1 281.16

775 2.72 159 553 1.03 16 602 133 708 665 0.10 838.02 295 1 R52.69 R1 230.89 R1 283.58

825 2.72 71 262 1.04 8 279 64 230 992 0.12 901.34 142 0 R58.83 R1 323.90 R1 382.73

850 2.72 59 347 1.04 7 094 54 145 804 0.12 912.37 119 0 R60.53 R1 340.10 R1 400.63

950 2.72 35 849 1.05 4 846 34 065 797 0.14 950.25 75 0 R68.45 R1 395.74 R1 464.18

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T5.7B (v)

Appendix 5: Gold Section - Au Grade Sensitivity Tables

Cut-off grade

(g/t) Cumulative tonne above

cut-off (Mt) Grade above cut-off

(g/t) Cumulative Content

(Moz)

Infe

rre

d M

ine

ral

Re

so

urc

es

0.25 35.941 0.78 0.90

0.50 24.661 0.93 0.74

0.75 10.247 1.39 0.46

1.00 4.714 1.99 0.30

1.25 2.595 2.71 0.23

1.50 1.940 3.17 0.20

1.75 1.473 3.66 0.17

2.00 1.053 4.38 0.15

2.25 0.894 4.77 0.14

2.50 0.819 4.99 0.13

2.75 0.723 5.31 0.12

3.00 0.659 5.55 0.12

3.25 0.554 6.00 0.11

3.50 0.539 6.07 0.11

3.75 0.454 6.53 0.10

4.00 0.453 6.53 0.10

4.25 0.412 6.77 0.09

4.50 0.395 6.86 0.09

4.75 0.306 7.51 0.07

5.50 0.302 7.54 0.07

6.00 0.270 7.76 0.07

6.50 0.260 7.82 0.07

6.75 0.237 7.94 0.06

7.00 0.227 7.99 0.06

7.25 0.158 8.34 0.04

7.50 0.104 8.87 0.03

7.75 0.080 9.23 0.02

8.00 0.076 9.31 0.02

8.25 0.069 9.43 0.02

8.50 0.033 10.62 0.01

8.75 0.031 10.77 0.01

9.00 0.012 13.96 0.01

10.25 0.009 15.60 0.00

11.25 0.008 16.30 0.00

12.00 0.007 16.87 0.00

13.50 0.006 18.07 0.00

14.75 0.004 19.71 0.00

16.25 0.003 20.48 0.00

20.25 0.003 21.58 0.00

21.25 0.001 24.12 0.00

41.25 0.000 41.39 0.00

Ind

ica

ted

Min

era

l R

eso

urc

es

0.25 15.412 1.06 0.53

0.50 11.444 1.28 0.47

0.75 7.078 1.69 0.39

1.00 5.180 2.00 0.33

1.25 3.880 2.30 0.29

1.50 3.086 2.54 0.25

1.75 2.530 2.74 0.22

2.00 2.173 2.88 0.20

2.25 1.612 3.15 0.16

2.50 1.196 3.43 0.13

2.75 0.941 3.65 0.11

3.00 0.720 3.89 0.09

3.25 0.458 4.34 0.06

3.50 0.338 4.70 0.05

3.75 0.292 4.86 0.05

4.00 0.229 5.14 0.04

4.25 0.203 5.27 0.03

4.50 0.141 5.64 0.03

4.75 0.096 6.11 0.02

5.25 0.083 6.31 0.02

5.50 0.077 6.37 0.02

6.00 0.034 7.39 0.01

7.50 0.018 8.46 0.00

7.75 0.014 8.65 0.00

8.00 0.012 8.79 0.00

8.75 0.010 8.94 0.00

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Appendix 6: Borehole data used for the valuation of Mineral Resources in the Uranium Section

Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

D1DP2001D0 34.70 35.89 LDOM 1 26.43 -

D1DP2001D0 42.65 44.25 UDOM 1.6 311.20 -

D1GBH05D0 26.01 27.01 LDOM 1 - -

D1GBH07D0 10.64 12.47 LDOM 1.54 - -

D1GBH07D0 18.38 19.98 UDOM 1.6 - -

D1GBH21D0 13.82 15.20 LDOM 1.22 - -

D1GBH21D0 23.44 24.57 UDOM 1 - -

D1GBH22D0 9.41 10.54 LDOM 1 - -

D1GBH22D0 17.21 18.34 UDOM 1 - -

D1GBH23D0 14.05 15.18 LDOM 1 - -

D1GBH23D0 27.35 28.48 UDOM 1 - -

D1GBH25D0 20.39 21.94 LDOM 1.37 - -

D1GBH25D0 25.98 27.36 UDOM 1.22 - -

D1GBH27D0 23.20 24.40 LDOM 1.06 - -

D1GBH27D0 32.14 33.74 UDOM 1.6 - -

D1P2009D0 40.57 41.76 LDOM 1 270.67 0.32

D1P2009D0 53.89 55.74 UDOM 1.56 1 600.55 0.06

D1P2010D0 35.72 37.05 LDOM 1.12 345.27 -

D1P2010D0 44.05 45.24 UDOM 1 1 489.97 1.02

D1P2015D0 62.30 63.90 UDOM 1.6 648.17 2.01

D1P2027D0 28.44 30.24 LDOM 1.6 234.61 0.76

D1P2027D0 42.06 43.19 UDOM 1 1 630.85 2.44

D1P2029D0 37.57 39.17 LDOM 1.6 559.74 2.54

D1P2029D0 45.54 46.73 UDOM 1 771.04 0.55

D2P2009D0 34.58 35.58 UDOM 1 910.93 1.72

D2P2017D0 17.86 18.86 UDOM 1 977.00 -

D2P2018AD0 31.35 32.35 UDOM 1 342.63 0.10

D4GT3D0 9.10 10.15 UDOM 1 215.45 -

D4GT4D0 9.05 10.17 UDOM 1.07 222.60 -

D4GT5D0 11.03 12.71 UDOM 1.6 496.37 -

DDP017D0 8.00 9.73 UDOM 1.6 - -

DDP017D0 11.27 12.27 LDOM 1 - -

DDP018D0 23.71 25.40 UDOM 1.56 - -

DDP018D0 28.80 30.53 LDOM 1.6 - -

DDP025D0 49.10 50.90 UDOM 1.6 - -

DDP025D0 59.50 61.30 LDOM 1.6 - -

DDR007D0 176.49 178.29 UDOM 1.6 1 022.82 1.27

DDR007D0 186.90 188.57 LDOM 1.48 291.11 0.34

DDR007D1 176.62 178.42 UDOM 1.6 1 400.98 1.48

DDR007D1 187.12 188.90 LDOM 1.58 445.80 0.50

DDR008D0 100.19 101.99 UDOM 1.6 1 724.18 3.62

DDR008D0 111.84 113.64 LDOM 1.6 604.93 2.18

DDR009D0 238.89 240.49 UDOM 1.6 221.15 0.04

DDR009D0 250.77 252.37 LDOM 1.6 591.45 1.45

DDR009D1 238.85 240.45 UDOM 1.6 232.84 0.06

DDR009D1 250.93 252.53 LDOM 1.6 577.73 1.30

DDR010D0 239.64 241.24 UDOM 1.6 401.52 0.73

DDR010D0 251.18 252.60 LDOM 1.2 396.12 0.43

DDR010D1 239.42 241.02 UDOM 1.6 415.52 0.74

DDR010D1 250.96 252.46 LDOM 1.27 299.89 0.25

DDR011AD0 144.51 146.07 UDOM 1.38 501.33 0.67

DDR011AD0 147.15 148.83 LDOM 1.49 65.09 0.02

DDR011AD1 141.47 143.07 UDOM 1.6 463.04 0.74

DDR011AD1 145.42 146.42 LDOM 1 117.77 0.18

DDR012D0 91.51 92.86 UDOM 1.2 362.58 0.69

DDR012D0 98.24 100.04 LDOM 1.6 156.84 2.05

DDR013D0 122.51 124.31 UDOM 1.6 360.56 0.54

DDR013D0 133.76 135.56 LDOM 1.6 691.34 0.84

DDR013D1 122.52 124.32 UDOM 1.6 466.79 0.56

DDR013D1 133.53 135.33 LDOM 1.6 713.88 0.74

DDR014D0 278.97 280.77 UDOM 1.6 208.94 0.07

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR014D0 288.93 289.93 LDOM 1 82.67 2.20

DDR014D1 275.61 277.41 UDOM 1.6 255.98 0.10

DDR014D1 285.34 286.34 LDOM 1 86.26 1.44

DDR015D0 261.97 263.70 UDOM 1.6 590.75 0.42

DDR015D0 269.83 270.83 LDOM 1 81.77 0.02

DDR015D1 261.89 263.62 UDOM 1.6 567.89 0.33

DDR015D1 269.40 270.40 LDOM 1 80.91 0.01

DDR016D0 153.22 154.82 UDOM 1.48 464.57 0.28

DDR016D0 157.84 158.84 LDOM 1 67.41 2.27

DDR016D1 153.04 154.69 UDOM 1.52 413.46 0.39

DDR016D2 153.33 155.06 UDOM 1.6 - -

DDR016D2 158.00 159.00 LDOM 1 - -

DDR016D3 153.23 154.83 UDOM 1.6 403.32 0.31

DDR016D3 157.70 158.70 LDOM 1 80.92 1.71

DDR017D0 250.12 251.85 UDOM 1.6 553.81 0.30

DDR017D0 258.36 259.36 LDOM 1 101.78 0.26

DDR017D1 249.55 251.28 UDOM 1.6 439.49 0.29

DDR017D1 257.98 258.98 LDOM 1 115.38 0.87

DDR017D2 249.63 251.36 UDOM 1.6 410.93 7.28

DDR017D2 257.99 258.99 LDOM 1 97.49 0.64

DDR018D0 170.20 171.97 UDOM 1.49 1 067.77 1.11

DDR018D0 176.19 177.19 LDOM 1 23.98 0.09

DDR018D1 170.34 172.14 UDOM 1.52 890.51 0.90

DDR018D1 176.58 177.58 LDOM 1 22.16 0.92

DDR019D1 226.40 228.00 UDOM 1.6 458.21 0.36

DDR019D1 232.02 233.62 LDOM 1.6 570.98 0.57

DDR019D2 226.75 228.35 UDOM 1.6 278.36 0.22

DDR019D2 232.36 233.96 LDOM 1.6 724.27 0.51

DDR020D0 64.13 65.32 UDOM 1 221.10 4.67

DDR022D0 148.91 149.91 UDOM 1 608.27 0.72

DDR022D0 150.05 151.05 LDOM 1 138.67 0.08

DDR022D2 148.48 149.48 UDOM 1 949.05 1.43

DDR022D2 149.97 150.97 LDOM 1 206.52 0.22

DDR023D0 38.94 39.94 UDOM 1 35.97 0.74

DDR023D0 47.31 48.31 LDOM 1 3.91 0.07

DDR024D0 40.99 42.18 UDOM 1.1 28.98 0.17

DDR025D0 151.52 153.20 UDOM 1.55 776.56 1.36

DDR025D0 156.97 157.97 LDOM 1 16.96 0.01

DDR025D1 151.53 153.23 UDOM 1.57 703.34 1.48

DDR025D1 157.54 158.54 LDOM 1 11.60 0.00

DDR026D0 250.99 252.58 UDOM 1.47 349.92 0.20

DDR026D0 265.04 266.04 LDOM 1 27.49 0.01

DDR026D1 251.68 253.28 UDOM 1.6 314.66 0.14

DDR026D1 266.14 267.14 LDOM 1 68.68 0.00

DDR027D0 144.83 145.83 UDOM 1 213.51 0.34

DDR027D1 0.00 1.60 UDOM 1.6 71.39 0.05

DDR028D0 254.27 256.00 UDOM 1.6 580.48 0.95

DDR028D0 267.42 268.42 LDOM 1 1 953.08 0.55

DDR028D1 256.83 258.56 UDOM 1.6 667.03 1.48

DDR028D1 270.58 271.58 LDOM 1 1 309.79 0.24

DDR029D0 54.74 55.74 UDOM 1 23.25 0.01

DDR030D0 201.95 202.95 UDOM 1 153.38 -

DDR030D0 204.68 205.68 LDOM 1 35.37 -

DDR030D1 201.58 202.89 UDOM 1.16 105.03 0.15

DDR030D1 204.23 205.23 LDOM 1 29.87 0.01

DDR031D0 478.01 479.61 UDOM 1.6 986.37 1.23

DDR031D0 480.68 481.68 LDOM 1 79.72 0.02

DDR031D1 484.33 485.93 UDOM 1.6 1 277.08 1.31

DDR031D1 486.92 487.92 LDOM 1 118.07 0.02

DDR031D3 478.49 480.09 UDOM 1.6 966.60 1.27

DDR031D3 481.54 482.54 LDOM 1 72.34 0.00

DDR032D0 171.04 172.04 UDOM 1 229.81 0.04

DDR032D0 171.12 172.12 LDOM 1 4.18 0.00

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR032D0 172.05 173.05 UDOM 1 - -

DDR032D0 172.11 173.11 LDOM 1 296.64 1.56

DDR032D1 170.73 171.73 UDOM 1 299.40 0.03

DDR032D1 170.81 171.81 LDOM 1 14.19 0.00

DDR032D1 171.73 172.73 UDOM 1 - -

DDR032D1 171.73 172.73 LDOM 1 435.33 2.05

DDR033D0 60.99 61.99 LDOM 1 84.17 0.23

DDR033D0 61.04 62.04 UDOM 1 415.15 0.31

DDR033D0 61.14 62.14 LDOM 1 9.48 0.07

DDR033D0 61.23 62.23 LDOM 1 5.02 0.01

DDR033D0 61.79 62.79 UDOM 1 - -

DDR033D0 61.92 62.92 LDOM 1 420.02 2.11

DDR033D0 61.99 62.99 UDOM 1 - -

DDR033D0 62.14 63.14 UDOM 1 - -

DDR034D0 502.03 503.63 UDOM 1.6 1 382.61 0.65

DDR034D0 505.49 506.49 LDOM 1 223.39 0.05

DDR034D1 500.00 501.60 UDOM 1.6 1 361.25 1.01

DDR034D1 511.41 513.00 LDOM 1.34 207.04 0.05

DDR034D2 499.54 501.14 UDOM 1.6 - -

DDR034D2 511.28 512.84 LDOM 1.32 239.47 0.05

DDR034D3 499.13 500.73 UDOM 1.6 1 150.73 0.76

DDR034D3 506.22 507.82 LDOM 1.6 115.16 0.04

DDR035D0 494.50 495.50 UDOM 1 - -

DDR035D1 493.93 495.73 UDOM 1.6 374.18 1.83

DDR035D1 509.21 511.01 LDOM 1.6 260.70 0.51

DDR035D2 494.33 496.13 UDOM 1.6 362.96 0.96

DDR035D2 510.36 512.16 LDOM 1.6 259.33 0.94

DDR036D0 480.45 482.25 UDOM 1.6 380.07 0.44

DDR036D0 489.20 491.00 LDOM 1.6 118.99 0.02

DDR036D1 481.25 483.05 UDOM 1.6 745.96 0.87

DDR036D1 496.54 497.54 LDOM 1 107.76 0.10

DDR037D0 191.52 192.52 UDOM 1 292.41 0.20

DDR037D0 192.81 194.17 LDOM 1.15 176.68 0.21

DDR037D1 191.90 192.90 UDOM 1 203.13 0.07

DDR037D1 192.09 193.09 LDOM 1 25.10 0.01

DDR037D1 193.01 194.01 UDOM 1 - -

DDR037D1 193.09 194.49 LDOM 1.18 208.78 0.41

DDR039D0 205.48 207.21 UDOM 1.6 469.98 0.16

DDR039D0 211.78 212.78 LDOM 1 124.73 2.68

DDR039D1 208.61 210.34 UDOM 1.6 496.94 0.25

DDR039D1 214.80 215.80 LDOM 1 123.09 3.08

DDR040D0 197.68 199.41 UDOM 1.6 495.37 0.17

DDR040D0 207.18 208.18 LDOM 1 116.03 6.55

DDR040D1 197.80 199.53 UDOM 1.6 388.92 0.12

DDR040D1 207.06 208.06 LDOM 1 148.80 0.53

DDR043D0 369.34 371.02 UDOM 1.6 1 028.47 1.22

DDR043D0 380.97 382.26 LDOM 1.23 185.80 2.76

DDR043D1 369.32 371.00 UDOM 1.6 1 054.59 1.24

DDR043D1 380.74 382.00 LDOM 1.2 236.64 3.16

DDR044D0 393.58 395.26 UDOM 1.6 274.70 0.13

DDR044D0 404.20 405.37 LDOM 1.12 214.63 0.25

DDR044D1 387.34 389.02 UDOM 1.6 - -

DDR044D1 398.18 399.26 LDOM 1.03 - -

DDR045D0 396.29 397.97 UDOM 1.6 91.27 1.23

DDR045D0 402.20 403.35 LDOM 1.1 148.11 0.33

DDR045D1 396.14 397.82 UDOM 1.6 693.06 1.14

DDR045D1 402.08 403.08 LDOM 1 137.65 0.28

DDR046D0 437.36 439.04 UDOM 1.6 617.58 0.43

DDR046D0 447.26 448.94 LDOM 1.6 158.57 2.28

DDR046D1 437.33 439.01 UDOM 1.6 534.14 0.26

DDR046D1 447.34 449.02 LDOM 1.6 162.41 1.22

DDR047D0 423.41 425.20 UDOM 1.59 739.93 0.62

DDR047D0 437.64 439.44 LDOM 1.6 304.25 0.37

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR047D1 423.09 424.69 UDOM 1.6 568.27 1.04

DDR047D1 436.15 437.95 LDOM 1.6 165.33 0.35

DDR048D0 402.25 404.05 UDOM 1.6 229.30 0.27

DDR048D0 413.95 414.95 LDOM 1 159.05 0.26

DDR048D1 405.42 407.02 UDOM 1.6 122.62 0.27

DDR048D1 417.00 418.00 LDOM 1 145.68 0.28

DDR050D0 366.05 367.47 UDOM 1.31 742.12 1.06

DDR050D0 379.25 380.98 LDOM 1.6 121.80 0.02

DDR050D1 366.94 368.30 UDOM 1.26 866.82 1.59

DDR050D1 384.22 385.22 LDOM 1 36.99 0.00

DDR053D0 105.00 106.00 LDOM 1 - -

DDR055D0 355.52 357.17 UDOM 1.52 1 077.20 2.18

DDR055D0 359.07 360.80 LDOM 1.6 - -

DDR055D1 354.78 356.51 UDOM 1.6 1 285.43 5.18

DDR055D1 370.51 371.51 LDOM 1 631.90 0.49

DDR055D2 355.54 357.14 UDOM 1.6 573.87 1.55

DDR055D2 371.91 372.91 LDOM 1 664.62 0.59

DDR056D0 447.70 449.43 UDOM 1.6 703.32 0.98

DDR056D0 459.37 460.37 LDOM 1 55.39 0.11

DDR056D1 447.46 449.19 UDOM 1.6 627.56 0.83

DDR056D1 459.41 460.41 LDOM 1 136.14 0.36

DDR057D0 454.57 456.10 UDOM 1.41 788.41 0.70

DDR057D0 465.07 466.07 LDOM 1 69.48 0.01

DDR057D1 455.13 456.49 UDOM 1.26 749.38 0.66

DDR058D0 466.24 467.97 UDOM 1.6 573.81 1.09

DDR058D0 481.21 482.21 LDOM 1 286.68 0.69

DDR058D2 466.36 468.09 UDOM 1.6 758.36 1.38

DDR058D2 481.72 482.72 LDOM 1 453.04 1.82

DDR059D0 482.90 484.08 UDOM 1.13 177.38 0.31

DDR059D0 493.63 494.63 LDOM 1 156.58 0.31

DDR059D1 483.27 484.45 UDOM 1.13 332.71 0.88

DDR059D1 494.20 495.20 LDOM 1 190.62 0.11

DDR060D0 597.53 599.26 UDOM 1.6 562.69 1.13

DDR060D0 605.26 606.26 LDOM 1 21.08 0.01

DDR060D1 598.00 599.73 UDOM 1.6 773.04 0.93

DDR060D1 606.86 607.86 LDOM 1 24.76 0.18

DDR060D2 597.01 598.74 UDOM 1.6 713.46 1.08

DDR060D2 605.97 606.97 LDOM 1 61.15 0.26

DDR061D0 591.13 592.67 UDOM 1.47 286.08 0.17

DDR061D0 602.42 604.07 LDOM 1.57 609.47 1.80

DDR061D1 592.96 594.56 UDOM 1.53 410.77 0.54

DDR061D1 604.09 605.77 LDOM 1.6 467.97 1.10

DDR061D2 593.19 594.56 UDOM 1.31 375.43 0.35

DDR061D2 604.22 605.79 LDOM 1.5 473.04 1.06

DDR062D0 631.94 633.62 UDOM 1.6 206.89 0.36

DDR062D0 643.27 644.95 LDOM 1.6 275.07 0.88

DDR062D1 630.95 632.52 UDOM 1.5 165.92 0.29

DDR062D1 643.11 644.48 LDOM 1.31 218.15 0.58

DDR062D2 632.00 633.59 UDOM 1.52 216.11 0.50

DDR062D2 643.45 645.13 LDOM 1.6 377.36 0.77

DDR063D0 657.51 658.51 LDOM 1 88.39 1.19

DDR063D1 644.06 645.74 UDOM 1.6 130.97 0.13

DDR063D1 657.84 658.84 LDOM 1 94.96 0.74

DDR063D2 643.91 645.59 UDOM 1.6 272.62 0.29

DDR063D2 658.49 659.69 LDOM 1.14 99.02 1.76

DDR064D0 191.75 193.43 UDOM 1.6 804.25 0.48

DDR064D0 212.43 213.43 LDOM 1 49.17 0.06

DDR064D1 191.13 192.81 UDOM 1.6 398.99 0.27

DDR064D1 212.52 213.52 LDOM 1 207.70 0.10

DDR065D1 179.58 181.31 UDOM 1.6 604.38 0.76

DDR065D1 209.39 210.39 LDOM 1 306.65 0.05

DDR066D0 227.75 229.48 UDOM 1.6 527.62 0.34

DDR066D0 247.60 249.09 LDOM 1.38 732.63 0.18

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR066D1 227.40 229.13 UDOM 1.6 545.31 0.44

DDR066D1 247.25 248.66 LDOM 1.3 495.47 0.21

DDR067D0 295.30 296.98 UDOM 1.6 458.78 0.22

DDR067D0 311.39 312.39 LDOM 1 308.97 0.33

DDR067D1 295.84 297.44 UDOM 1.6 350.43 0.19

DDR067D1 311.62 312.62 LDOM 1 264.43 0.13

DDR068D0 521.09 522.73 UDOM 1.6 522.87 0.51

DDR068D1 521.48 523.01 UDOM 1.49 332.10 0.38

DDR068D2 520.85 522.49 UDOM 1.6 457.93 0.61

DDR069D0 310.79 312.47 UDOM 1.6 1 021.04 1.00

DDR069D0 327.29 328.97 LDOM 1.6 1 165.89 0.22

DDR069D1 310.83 312.51 UDOM 1.6 834.12 0.70

DDR069D1 327.64 329.32 LDOM 1.6 1 044.00 0.19

DDR070D0 388.78 390.46 UDOM 1.6 402.77 0.65

DDR070D0 407.54 408.54 LDOM 1 1 069.26 0.06

DDR070D1 387.75 389.43 UDOM 1.6 388.07 0.21

DDR071D0 260.88 262.56 UDOM 1.6 412.61 0.13

DDR071D0 274.74 276.05 LDOM 1.25 184.12 2.82

DDR071D1 260.66 261.92 UDOM 1.2 400.81 -

DDR071D1 273.72 274.72 LDOM 1 80.23 -

DDR072AD0 169.92 171.18 UDOM 1.2 683.36 0.31

DDR072AD0 186.20 187.33 LDOM 1.08 1 840.11 0.77

DDR072AD1 167.01 168.26 UDOM 1.19 632.29 0.27

DDR072AD1 183.61 184.68 LDOM 1.02 2 059.07 0.74

DDR073D0 285.44 286.44 UDOM 1 434.90 0.56

DDR073D1 285.01 286.53 UDOM 1.45 394.26 0.53

DDR074D0 113.05 114.69 UDOM 1.6 591.21 0.81

DDR074D0 174.87 175.87 LDOM 1 248.02 0.11

DDR074D1 112.51 113.93 UDOM 1.39 540.86 0.95

DDR074D1 174.71 175.71 LDOM 1 310.95 0.13

DDR075D0 144.68 146.31 UDOM 1.59 433.52 0.36

DDR075D0 201.80 202.80 LDOM 1 84.66 1.34

DDR075D1 201.82 202.82 LDOM 1 64.33 0.57

DDR076D0 229.26 230.26 LDOM 1 402.07 0.18

DDR076D1 207.64 209.37 UDOM 1.6 605.71 0.39

DDR076D1 229.52 230.52 LDOM 1 446.57 0.23

DDR077D0 370.56 372.24 UDOM 1.6 449.30 0.22

DDR077D0 391.99 393.34 LDOM 1.29 978.07 0.77

DDR077D1 370.80 372.48 UDOM 1.6 621.87 0.86

DDR077D1 391.08 392.76 LDOM 1.6 344.78 0.14

DDR078D0 380.35 381.95 UDOM 1.6 577.24 1.21

DDR078D0 403.94 405.29 LDOM 1.29 601.85 0.22

DDR078D1 377.58 379.26 UDOM 1.6 424.10 0.68

DDR078D1 401.37 402.85 LDOM 1.41 708.32 0.26

DDR079D0 428.24 429.97 UDOM 1.6 592.62 0.64

DDR079D0 449.20 450.20 LDOM 1 1 595.76 1.49

DDR079D1 427.61 429.34 UDOM 1.6 731.69 0.47

DDR079D1 448.45 449.45 LDOM 1 202.43 0.09

DDR080D0 564.78 566.42 UDOM 1.6 636.84 0.58

DDR080D0 588.34 589.34 LDOM 1 522.70 0.25

DDR080D1 566.65 568.29 UDOM 1.6 585.54 0.59

DDR080D1 590.20 591.20 LDOM 1 223.02 0.30

DDR080D2 566.57 568.21 UDOM 1.6 728.54 0.68

DDR080D2 590.03 591.03 LDOM 1 186.41 0.31

DDR081D0 151.53 152.53 UDOM 1 360.36 0.41

DDR081D0 169.66 170.86 LDOM 1.11 533.72 1.29

DDR081D1 151.74 153.34 UDOM 1.6 - -

DDR081D1 169.19 170.92 LDOM 1.6 - -

DDR082D0 71.80 72.80 UDOM 1 65.83 0.58

DDR083D0 176.58 178.31 UDOM 1.6 278.45 0.28

DDR083D1 176.83 178.56 UDOM 1.6 387.51 0.58

DDR084D0 24.54 25.67 UDOM 1 147.33 0.20

DDR085D0 598.34 599.34 UDOM 1 163.83 0.19

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR085D0 614.34 615.34 LDOM 1 20.09 0.03

DDR085D1 599.00 600.42 UDOM 1.26 184.18 0.35

DDR085D1 615.12 616.12 LDOM 1 13.18 0.01

DDR085D2 597.84 598.84 UDOM 1 170.43 0.29

DDR085D2 613.50 614.50 LDOM 1 27.40 0.02

DDR086D0 728.08 729.81 UDOM 1.6 263.79 0.18

DDR086D0 737.96 738.96 LDOM 1 84.19 0.04

DDR086D1 726.25 727.25 UDOM 1 232.97 0.12

DDR086D1 736.07 737.07 LDOM 1 74.29 0.02

DDR086D2 726.62 727.89 UDOM 1.17 208.75 0.10

DDR086D2 736.11 737.11 LDOM 1 59.45 0.01

DDR087D0 858.67 859.87 UDOM 1.14 511.08 0.59

DDR087D0 869.98 870.98 LDOM 1 213.68 0.01

DDR087D1 859.77 860.77 UDOM 1 265.19 0.21

DDR087D1 870.45 871.45 LDOM 1 52.00 0.03

DDR087D2 859.59 861.07 UDOM 1.41 402.93 0.53

DDR087D2 871.33 872.33 LDOM 1 241.27 1.23

DDR088D0 845.93 847.61 UDOM 1.6 678.83 0.51

DDR088D0 858.75 859.75 LDOM 1 325.53 4.01

DDR089D0 544.51 545.51 UDOM 1 474.97 0.17

DDR089D0 559.20 560.20 LDOM 1 92.81 0.05

DDR089D1 544.48 546.28 UDOM 1.6 676.82 0.55

DDR089D1 559.24 560.24 LDOM 1 455.86 0.74

DDR089D2 543.52 545.32 UDOM 1.6 520.93 0.37

DDR089D2 558.12 559.12 LDOM 1 268.93 0.38

DDR090D0 541.80 542.80 UDOM 1 355.66 0.29

DDR090D0 553.13 554.13 LDOM 1 73.37 0.02

DDR090D1 541.54 542.83 UDOM 1.19 256.54 0.26

DDR090D1 552.75 553.75 LDOM 1 156.54 0.02

DDR090D2 541.78 542.98 UDOM 1.11 205.10 0.22

DDR090D2 553.31 554.31 LDOM 1 142.78 0.01

DDR092D0 372.86 374.59 UDOM 1.6 912.04 2.89

DDR092D1 372.77 374.50 UDOM 1.6 397.91 0.09

DDR093D0 978.37 979.49 UDOM 1.07 338.75 1.13

DDR093D0 988.22 989.22 LDOM 1 61.44 0.01

DDR093D1 978.71 979.85 UDOM 1.09 355.50 2.40

DDR093D1 989.21 990.21 LDOM 1 76.99 0.02

DDR093D2 975.41 976.66 UDOM 1.19 215.81 0.13

DDR093D2 985.71 986.71 LDOM 1 81.96 0.02

DDR094D0 948.32 949.92 UDOM 1.6 215.98 0.88

DDR094D0 961.48 962.48 LDOM 1 44.58 0.43

DDR094D1 948.68 950.28 UDOM 1.6 263.28 1.54

DDR094D1 961.45 962.45 LDOM 1 45.93 0.57

DDR094D2 949.27 950.27 UDOM 1 168.92 0.04

DDR095D0 585.81 586.81 UDOM 1 469.76 1.26

DDR095D1 585.69 587.27 UDOM 1.4 435.17 1.21

DDR096D0 512.79 513.97 UDOM 1.09 604.44 0.16

DDR096D1 514.52 515.83 UDOM 1.21 136.18 0.09

DDR097D0 458.07 459.66 UDOM 1.47 253.92 0.21

DDR097D1 458.12 459.80 UDOM 1.55 361.04 0.37

DDR098D0 514.87 516.61 UDOM 1.54 628.51 0.75

DDR098D0 526.56 527.56 LDOM 1 41.85 0.01

DDR098D1 514.96 516.76 UDOM 1.6 701.65 2.64

DDR098D1 526.59 527.59 LDOM 1 67.22 0.21

DDR098D2 514.84 516.64 UDOM 1.6 659.93 0.82

DDR098D2 526.69 527.69 LDOM 1 36.12 0.01

DDR099D0 583.08 584.76 UDOM 1.6 714.14 2.24

DDR099D1 582.14 583.82 UDOM 1.6 607.15 0.55

DDR102D0 628.26 629.26 UDOM 1 619.56 0.30

DDR102D0 635.64 636.64 LDOM 1 196.26 0.02

DDR102D1 628.07 629.35 UDOM 1.18 724.69 2.42

DDR102D1 635.41 636.41 LDOM 1 226.33 0.22

DDR102D2 627.95 629.68 UDOM 1.6 643.98 2.83

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR102D2 635.65 636.65 LDOM 1 202.17 0.30

DDR103D0 566.53 568.00 UDOM 1.36 249.32 0.44

DDR103D0 579.68 581.26 LDOM 1.46 915.95 0.74

DDR103D1 567.38 569.11 UDOM 1.6 308.39 1.28

DDR103D1 579.29 580.98 LDOM 1.56 788.82 0.81

DDR103D2 567.97 569.20 UDOM 1.14 295.65 1.22

DDR103D2 580.42 581.72 LDOM 1.2 582.06 0.73

DDR104D0 550.81 551.81 LDOM 1 992.29 0.20

DDR104D3 547.44 549.08 UDOM 1.6 207.51 0.03

DDR104D3 553.77 554.77 LDOM 1 908.83 0.21

DDR105D0 633.53 635.21 UDOM 1.6 335.25 0.07

DDR105D0 649.87 650.87 LDOM 1 109.00 0.01

DDR105D1 633.43 635.11 UDOM 1.6 293.59 2.97

DDR105D1 650.17 651.17 LDOM 1 33.42 0.09

DDR105D2 633.86 635.54 UDOM 1.6 324.89 3.23

DDR105D2 650.55 651.55 LDOM 1 39.73 0.12

DDR106D0 880.04 881.39 UDOM 1.32 189.79 0.26

DDR106D0 890.45 891.45 LDOM 1 138.70 0.00

DDR106D1 880.59 881.97 UDOM 1.35 174.41 0.31

DDR106D1 890.95 891.95 LDOM 1 117.66 0.01

DDR106D2 880.57 881.99 UDOM 1.39 183.45 1.25

DDR106D2 891.31 892.31 LDOM 1 106.35 0.02

DDR107D0 750.67 752.35 UDOM 1.6 263.08 0.26

DDR107D0 761.29 762.29 LDOM 1 44.32 0.07

DDR107D1 749.93 751.61 UDOM 1.6 263.32 2.97

DDR107D1 760.79 761.79 LDOM 1 63.44 0.10

DDR107D2 750.41 752.09 UDOM 1.6 326.11 1.00

DDR107D2 760.98 761.98 LDOM 1 50.69 0.03

DDR108D0 440.31 441.77 UDOM 1.39 632.35 1.17

DDR108D0 447.50 448.50 LDOM 1 168.39 0.01

DDR108D1 440.30 441.46 UDOM 1.11 406.01 0.35

DDR108D1 447.02 448.19 LDOM 1.12 148.92 0.01

DDR109D0 430.68 431.68 LDOM 1 94.56 0.06

DDR109D1 430.75 431.75 LDOM 1 - -

DDR110D0 111.71 113.13 UDOM 1.26 330.22 1.71

DDR110D0 133.23 134.40 LDOM 1.04 398.73 0.36

DDR110D1 111.98 113.52 UDOM 1.37 262.67 0.99

DDR110D1 133.15 134.41 LDOM 1.12 349.29 0.04

DDR111D0 22.57 24.37 UDOM 1.6 47.56 0.04

DDR112D0 78.45 80.05 UDOM 1.6 359.81 0.02

DDR112D0 96.85 97.98 LDOM 1 136.85 0.52

DDR113D0 23.69 25.30 UDOM 1.43 310.36 0.28

DDR113D0 43.19 44.37 LDOM 1.05 160.17 0.12

DDR114D0 91.93 93.73 UDOM 1.6 755.94 1.01

DDR114D0 100.36 102.16 LDOM 1.6 280.77 1.70

DDR114D1 91.87 93.19 UDOM 1.17 361.90 0.55

DDR114D1 100.38 102.18 LDOM 1.6 490.01 3.99

DDR115D0 94.93 96.06 UDOM 1 738.75 2.51

DDR115D0 103.53 105.33 LDOM 1.6 419.83 0.80

DDR115D1 94.48 95.78 UDOM 1.15 823.28 3.24

DDR115D1 102.93 104.73 LDOM 1.6 309.65 3.55

DDR116D0 139.43 141.08 UDOM 1.46 332.25 0.69

DDR116D0 148.74 150.54 LDOM 1.6 585.16 1.17

DDR116D1 139.35 140.95 UDOM 1.6 331.40 1.01

DDR116D1 148.70 150.50 LDOM 1.6 581.62 1.09

DDR117D0 157.95 158.95 UDOM 1 430.40 1.05

DDR117D1 158.00 159.00 UDOM 1 356.83 0.89

DDR118D0 240.41 242.01 UDOM 1.6 490.60 0.25

DDR118D0 253.74 254.74 LDOM 1 341.38 3.03

DDR118D1 240.50 242.10 UDOM 1.6 491.80 0.42

DDR118D1 253.97 254.97 LDOM 1 352.61 3.89

DDR119D0 130.06 131.66 UDOM 1.6 504.22 1.02

DDR119D0 140.72 142.52 LDOM 1.6 349.58 1.51

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR119D2 130.39 131.71 UDOM 1.17 369.28 0.80

DDR119D2 140.53 142.33 LDOM 1.6 360.76 1.78

DDR120D0 148.44 150.07 LDOM 1.45 424.24 0.58

DDR120D1 149.27 150.27 LDOM 1 227.91 0.46

DDR121D0 207.39 208.39 UDOM 1 340.69 0.83

DDR121D0 216.19 217.79 LDOM 1.6 1 226.63 0.72

DDR121D1 207.15 208.15 UDOM 1 365.61 1.46

DDR121D1 215.38 216.98 LDOM 1.6 980.35 0.61

DDR122D0 220.10 221.70 UDOM 1.6 219.37 0.16

DDR122D0 231.54 233.14 LDOM 1.6 1 071.44 1.64

DDR122D1 220.18 221.78 UDOM 1.6 196.79 0.13

DDR122D1 231.70 233.30 LDOM 1.6 842.57 1.02

DDR128D0 65.78 66.78 UDOM 1 26.36 0.08

DDR128D0 79.82 80.82 LDOM 1 48.61 0.31

DDR129D0 74.62 76.26 UDOM 1.6 830.77 0.85

DDR129D0 91.86 92.86 LDOM 1 18.57 0.08

DDR130D0 75.02 76.36 LDOM 1.31 238.58 0.17

DDR131D0 84.63 86.31 UDOM 1.6 918.02 0.95

DDR131D0 122.50 123.58 LDOM 1.03 558.07 0.14

DDR132D0 136.99 138.23 UDOM 1.18 293.92 0.24

DDR132D0 182.47 183.47 LDOM 1 458.79 0.14

DDR132D1 135.94 137.43 UDOM 1.42 361.37 0.28

DDR132D1 183.55 184.55 LDOM 1 327.13 0.19

DDR133D0 26.23 27.84 UDOM 1.57 337.17 0.25

DDR133D0 44.58 45.58 LDOM 1 99.83 0.11

DDR134D0 71.81 73.45 UDOM 1.6 452.37 0.31

DDR134D0 94.92 96.56 LDOM 1.6 515.85 0.38

DDR135D0 135.03 136.37 UDOM 1.28 301.64 0.19

DDR135D1 135.23 136.91 UDOM 1.6 366.57 0.37

DDR135D1 164.39 165.39 LDOM 1 73.10 0.10

DDR136D0 310.84 312.48 UDOM 1.6 1 097.16 0.92

DDR136D0 372.63 373.79 LDOM 1.13 890.65 0.54

DDR136D1 311.86 313.50 UDOM 1.6 1 446.58 0.99

DDR136D1 370.05 371.69 LDOM 1.6 492.92 0.15

DDR137D0 460.10 461.74 UDOM 1.6 330.15 0.40

DDR137D1 457.53 459.04 UDOM 1.47 202.67 0.30

DDR137D1 492.82 493.82 LDOM 1 494.51 0.10

DDR137D2 458.52 460.16 UDOM 1.6 240.50 0.49

DDR137D2 492.96 494.51 LDOM 1.51 897.24 0.45

DDR139D0 361.31 362.63 UDOM 1.22 506.40 0.24

DDR139D0 368.06 369.79 LDOM 1.6 160.85 0.07

DDR139D1 361.36 362.55 UDOM 1.1 418.32 -

DDR139D1 369.21 370.21 LDOM 1 120.63 -

DDR140D0 493.14 494.87 UDOM 1.6 536.84 0.35

DDR140D1 494.08 495.81 UDOM 1.6 - 0.24

DDR141D0 466.63 467.95 UDOM 1.22 363.68 0.11

DDR141D1 466.37 467.37 UDOM 1 362.59 0.10

DDR141D1 480.46 481.46 LDOM 1 116.70 0.10

DDR142D0 397.50 399.03 UDOM 1.41 409.62 0.58

DDR142D0 411.34 413.07 LDOM 1.6 1 544.56 0.41

DDR142D1 396.80 398.53 UDOM 1.6 479.30 0.27

DDR142D1 410.07 411.80 LDOM 1.6 1 157.94 0.30

DDR143D0 402.04 403.64 UDOM 1.6 467.09 0.42

DDR143D1 401.95 403.36 UDOM 1.4 462.10 0.32

DDR143D1 426.65 427.66 LDOM 1 13.83 0.11

DDR144D0 605.31 606.82 UDOM 1.44 406.91 0.79

DDR144D0 613.27 614.27 LDOM 1 53.10 0.04

DDR144D1 605.42 607.10 UDOM 1.6 445.61 0.79

DDR144D1 613.27 614.27 LDOM 1 44.32 0.23

DDR144D2 604.61 606.25 UDOM 1.56 454.31 0.91

DDR144D2 612.43 613.43 LDOM 1 135.51 0.18

DDR145D0 570.23 571.91 UDOM 1.6 656.09 0.23

DDR145D0 599.21 600.36 LDOM 1.1 15.40 0.29

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR153D0 693.22 694.52 UDOM 1.24 362.18 0.87

DDR153D1 693.45 694.78 UDOM 1.27 348.39 0.77

DDR153D2 692.92 694.23 UDOM 1.25 325.54 1.07

DDR157D0 763.66 765.26 UDOM 1.6 284.06 0.02

DDR157D1 763.53 765.33 UDOM 1.6 266.71 0.06

DDR157D1 766.97 767.97 LDOM 1 33.77 0.03

DDR157D2 762.65 764.45 UDOM 1.6 251.90 0.05

DDR157D2 766.24 767.24 LDOM 1 42.49 0.03

DDR158D0 808.36 809.84 UDOM 1.37 340.69 0.10

DDR158D1 808.38 809.77 UDOM 1.28 305.84 0.16

DDR158D1 816.43 817.43 LDOM 1 83.70 0.01

DDR158D2 808.24 809.51 UDOM 1.17 263.97 0.09

DDR158D2 816.65 817.65 LDOM 1 182.58 0.02

DDR159D0 733.39 734.72 UDOM 1.23 139.10 0.32

DDR159D0 742.52 743.52 LDOM 1 207.92 0.19

DDR159D1 733.31 735.04 UDOM 1.6 311.95 1.62

DDR159D1 742.62 743.62 LDOM 1 167.41 0.05

DDR159D2 733.23 734.23 UDOM 1 122.81 0.05

DDR159D2 742.23 743.23 LDOM 1 217.60 0.11

DDR161D0 408.14 409.82 UDOM 1.6 600.17 0.94

DDR161D0 418.46 420.14 LDOM 1.6 1 251.37 0.76

DDR161D1 407.80 409.05 UDOM 1.19 958.02 1.86

DDR161D1 417.42 419.10 LDOM 1.6 849.46 1.04

DDR162D0 574.29 575.56 UDOM 1.13 503.68 0.60

DDR162D1 574.11 575.11 UDOM 1 476.99 0.56

DDR163D0 640.92 641.92 UDOM 1 595.08 1.63

DDR163D0 656.02 657.02 LDOM 1 46.90 0.60

DDR163D1 640.69 642.12 UDOM 1.21 672.52 0.51

DDR163D1 655.22 656.22 LDOM 1 56.20 1.68

DDR163D2 641.31 643.12 UDOM 1.53 703.21 0.96

DDR163D2 656.09 657.70 LDOM 1.36 142.41 2.32

DDR165D0 193.49 195.29 UDOM 1.6 490.82 0.72

DDR165D1 193.10 194.90 UDOM 1.6 410.77 1.46

DDR166D0 373.68 375.24 UDOM 1.38 285.95 0.23

DDR166D0 379.94 380.94 LDOM 1 94.09 0.28

DDR166D1 373.92 375.72 UDOM 1.6 382.35 3.06

DDR166D1 380.77 381.77 LDOM 1 80.14 0.35

DDR167D0 692.67 693.67 UDOM 1 597.81 0.71

DDR167D0 701.90 702.90 LDOM 1 152.72 0.04

DDR167D1 692.49 693.70 UDOM 1.12 547.05 0.91

DDR167D1 701.79 702.79 LDOM 1 158.70 0.02

DDR167D2 692.62 693.80 UDOM 1.09 431.36 0.23

DDR167D2 702.06 703.06 LDOM 1 175.21 0.04

DDR169D0 687.38 688.38 LDOM 1 45.12 0.01

DDR170D0 634.79 635.97 UDOM 1.09 270.55 0.05

DDR170D1 635.02 636.02 UDOM 1 259.80 0.02

DDR170D2 634.50 635.71 UDOM 1.12 303.56 0.47

DDR176D0 103.09 104.28 UDOM 1.1 862.95 0.64

DDR176D0 113.10 114.10 LDOM 1 48.62 0.07

DDR177D0 179.66 181.34 UDOM 1.6 616.52 1.23

DDR177D0 197.52 198.97 LDOM 1.38 1 088.94 0.72

DDR177D1 179.86 181.54 UDOM 1.6 642.98 0.98

DDR177D1 197.91 199.37 LDOM 1.39 1 289.58 -

DDR178D0 163.70 164.83 UDOM 1.08 326.61 0.29

DDR178D0 177.20 178.20 LDOM 1 952.39 0.23

DDR178D1 163.74 164.74 UDOM 1 185.15 -

DDR179D0 329.01 330.34 UDOM 1.23 496.11 0.52

DDR179D0 338.84 339.84 LDOM 1 25.70 0.01

DDR179D1 328.85 330.58 UDOM 1.6 296.17 0.30

DDR179D1 339.76 340.76 LDOM 1 25.29 0.01

DDR180D0 394.19 395.92 UDOM 1.6 1 326.21 3.47

DDR180D1 395.37 396.83 UDOM 1.35 1 178.57 1.77

DDR181D0 500.90 502.40 UDOM 1.39 379.96 0.57

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR181D0 516.57 517.57 LDOM 1 96.37 0.13

DDR181D1 500.87 502.36 UDOM 1.38 357.99 0.51

DDR181D1 516.48 517.48 LDOM 1 102.48 0.04

DDR182D0 180.58 181.58 LDOM 1 237.43 2.75

DDR182D1 180.68 181.68 LDOM 1 179.50 0.35

DDR183D0 454.67 455.67 UDOM 1 278.53 0.08

DDR183D1 454.95 455.95 UDOM 1 207.00 0.32

DDR183D2 456.17 457.17 UDOM 1 258.42 0.06

DDR184AD0 48.42 49.91 UDOM 1.38 - -

DDR184D0 48.42 49.72 UDOM 1.2 476.49 0.52

DDR184D0 62.32 63.32 LDOM 1 409.93 0.24

DDR186AD0 132.34 134.14 UDOM 1.6 332.28 0.80

DDR186AD0 149.59 150.59 LDOM 1 34.93 0.31

DDR186AD1 132.27 134.07 UDOM 1.6 315.12 0.22

DDR187D0 93.25 94.38 LDOM 1 119.37 0.08

DDR188D0 85.90 87.19 UDOM 1.19 501.86 1.30

DDR188D0 93.83 94.92 LDOM 1.01 760.15 1.31

DDR189D0 65.92 66.92 UDOM 1 493.81 1.23

DDR189D0 72.69 73.79 LDOM 1.02 20.12 0.04

DDR190D0 618.17 619.17 UDOM 1 164.74 0.08

DDR190D0 621.78 622.78 LDOM 1 733.07 3.41

DDR190D1 618.09 619.09 UDOM 1 163.24 0.04

DDR190D1 621.66 622.66 LDOM 1 536.40 0.67

DDR190D2 617.86 618.86 UDOM 1 218.52 0.07

DDR190D2 620.72 622.26 LDOM 1.3 587.65 1.06

DDR191D0 232.58 233.99 UDOM 1.19 267.92 0.18

DDR191D0 236.55 237.88 LDOM 1.12 215.57 0.08

DDR191D1 232.77 234.37 UDOM 1.6 329.26 0.44

DDR191D1 237.92 238.92 LDOM 1 240.83 5.04

DDR192D0 667.78 669.47 UDOM 1.56 894.54 1.61

DDR192D0 675.27 676.27 LDOM 1 142.85 3.22

DDR192D1 667.63 668.86 UDOM 1.14 870.90 2.45

DDR192D1 675.28 676.28 LDOM 1 96.77 2.31

DDR192D2 667.56 668.86 UDOM 1.2 1 087.56 4.19

DDR192D2 675.07 676.07 LDOM 1 93.65 0.62

DDR193D0 471.67 472.67 UDOM 1 712.97 0.01

DDR193D0 474.95 475.95 LDOM 1 22.58 0.33

DDR193D1 470.97 471.97 UDOM 1 650.69 2.58

DDR193D1 475.40 476.40 LDOM 1 17.01 0.01

DDR194D1 414.34 415.80 LDOM 1.43 299.77 1.28

DDR195D0 362.33 363.97 UDOM 1.6 1 133.08 1.35

DDR195D1 361.92 363.56 UDOM 1.6 1 197.64 1.49

DDR195D1 399.40 400.40 LDOM 1 148.72 0.19

DDR197D0 528.26 529.99 UDOM 1.6 373.02 0.49

DDR197D0 535.70 536.70 LDOM 1 174.16 0.21

DDR197D1 528.00 529.73 UDOM 1.6 293.94 0.33

DDR197D1 535.43 536.43 LDOM 1 73.74 0.04

DDR198D0 572.26 573.86 UDOM 1.6 341.39 0.39

DDR198D1 567.02 568.26 UDOM 1.18 327.58 2.07

DDR198D1 575.76 576.76 LDOM 1 60.69 0.18

DDR199D0 675.50 677.00 UDOM 1.33 274.11 0.55

DDR199D1 676.13 677.71 UDOM 1.4 271.00 0.13

DDR202D0 706.09 707.09 UDOM 1 436.70 0.40

DDR202D0 712.37 713.37 LDOM 1 114.57 0.05

DDR202D1 706.80 708.48 UDOM 1.55 478.64 0.70

DDR202D1 714.35 715.35 LDOM 1 42.86 0.02

DDR202D2 706.55 707.97 UDOM 1.31 396.86 0.36

DDR202D2 714.61 715.61 LDOM 1 45.06 0.01

DDR203D0 737.31 738.97 UDOM 1.4 142.17 0.21

DDR203D0 747.42 749.02 LDOM 1.6 108.33 0.38

DDR203D1 736.80 738.42 UDOM 1.37 217.03 0.23

DDR203D1 748.15 749.15 LDOM 1 93.70 0.57

DDR203D2 737.06 738.06 UDOM 1 91.68 0.01

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR203D2 748.07 749.31 LDOM 1.05 69.03 0.27

DDR204D0 519.64 520.99 UDOM 1.2 763.65 3.10

DDR204D0 526.11 527.11 LDOM 1 206.32 0.19

DDR204D1 519.14 520.14 UDOM 1 570.78 2.67

DDR204D1 525.67 526.67 LDOM 1 193.99 0.21

DDR204D2 519.08 520.08 UDOM 1 704.15 2.18

DDR204D2 525.47 526.47 LDOM 1 249.98 0.84

DDR205D0 686.95 687.95 UDOM 1 233.17 0.93

DDR205D0 692.80 693.80 LDOM 1 365.65 0.15

DDR205D1 687.14 688.14 UDOM 1 226.79 0.72

DDR205D1 692.98 693.98 LDOM 1 273.26 0.07

DDR205D2 687.26 688.26 UDOM 1 244.64 0.31

DDR205D2 692.88 694.18 LDOM 1.2 451.37 0.11

DDR207D0 566.99 567.99 UDOM 1 211.75 0.02

DDR207D1 567.06 568.35 UDOM 1.14 354.93 0.63

DDR208D1 176.21 177.21 UDOM 1 213.08 0.45

DDR209D0 602.76 603.76 UDOM 1 138.02 0.42

DDR209D0 604.15 605.15 LDOM 1 499.76 3.41

DDR209D1 602.91 603.91 UDOM 1 96.69 0.22

DDR209D1 604.50 605.50 LDOM 1 342.34 1.08

DDR209D2 602.35 603.35 UDOM 1 101.80 0.10

DDR209D2 602.66 603.66 LDOM 1 9.13 0.00

DDR209D2 602.68 603.68 LDOM 1 0.57 0.00

DDR209D2 602.80 603.80 LDOM 1 1.42 0.00

DDR209D2 602.83 603.83 LDOM 1 0.35 0.00

DDR209D2 602.85 603.85 LDOM 1 0.87 0.00

DDR209D2 603.00 604.00 LDOM 1 6.56 0.00

DDR209D2 603.43 604.43 UDOM 1 - -

DDR209D2 603.60 604.60 LDOM 1 192.66 0.88

DDR209D2 603.66 604.66 UDOM 1 - -

DDR209D2 603.68 604.68 UDOM 1 - -

DDR209D2 603.80 604.80 UDOM 1 - -

DDR209D2 603.83 604.83 UDOM 1 - -

DDR209D2 603.85 604.85 UDOM 1 - -

DDR210D0 755.90 757.16 UDOM 1.16 361.67 0.21

DDR210D1 755.33 756.52 UDOM 1.1 513.76 0.21

DDR210D2 754.24 755.52 UDOM 1.18 566.62 1.27

DDR212D0 688.68 689.91 UDOM 1.14 230.95 0.20

DDR212D0 692.38 693.38 LDOM 1 224.04 1.27

DDR212D1 689.65 690.89 UDOM 1.15 291.49 0.35

DDR212D1 693.40 694.40 LDOM 1 234.44 0.50

DDR212D2 689.07 690.07 UDOM 1 258.54 0.12

DDR212D2 692.65 693.65 LDOM 1 240.93 0.43

DDR213D0 672.65 673.65 LDOM 1 212.04 0.02

DDR215D0 184.75 186.35 UDOM 1.6 1 032.63 1.52

DDR215D1 185.19 186.60 UDOM 1 1 196.90 5.64

DDR216D0 39.88 40.88 LDOM 1 27.85 0.15

DDR217D0 37.41 39.01 UDOM 1.42 484.99 1.01

DDR217D0 45.53 46.66 LDOM 1 75.17 3.08

DDR218D0 46.26 47.70 UDOM 1.28 203.56 0.40

DDR218D0 52.90 54.03 LDOM 1 32.34 0.09

DDR219D0 150.93 152.53 UDOM 1.6 653.80 0.26

DDR220D0 151.38 152.50 LDOM 1.09 1 158.71 0.52

DDR221D0 50.59 51.88 UDOM 1.26 415.99 0.94

DDR221D0 76.33 77.33 LDOM 1 223.16 0.17

DDR222D0 19.54 21.18 UDOM 1.6 361.92 1.74

DDR222D0 39.08 40.08 LDOM 1 144.71 0.31

DDR223D0 29.96 31.15 UDOM 1 127.59 0.46

DDR223D0 38.37 39.70 LDOM 1.12 21.53 0.06

DDR224D0 27.58 29.18 UDOM 1.6 444.34 0.46

DDR224D0 39.77 40.96 LDOM 1 54.52 -

DDR225D0 98.35 99.64 UDOM 1.19 873.02 -

DDR225D0 107.08 108.08 LDOM 1 63.91 0.13

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR226D0 85.68 87.00 UDOM 1.17 230.79 0.57

DDR226D0 94.88 96.68 LDOM 1.6 253.03 1.34

DDR227D0 100.67 102.47 UDOM 1.6 732.14 0.97

DDR227D0 110.62 112.30 LDOM 1.49 248.21 1.43

DDR228D0 116.82 118.42 UDOM 1.6 446.84 2.06

DDR229D0 77.52 79.14 UDOM 1.44 901.53 1.39

DDR229D0 82.09 83.89 LDOM 1.6 61.43 0.55

DDR230D0 130.06 131.91 UDOM 1.56 44.21 0.06

DDR230D0 135.11 136.11 LDOM 1 1 607.90 3.72

DDR231D0 166.31 167.61 UDOM 1.15 934.37 2.02

DDR231D0 176.32 177.32 LDOM 1 1 754.22 5.24

DDR232D0 210.85 212.56 UDOM 1.44 839.32 1.16

DDR232D0 217.96 219.56 LDOM 1.6 167.91 0.13

DDR233D0 156.62 158.42 UDOM 1.6 621.22 2.12

DDR233D0 164.61 165.61 LDOM 1 98.92 0.06

DDR234D0 258.01 259.01 LDOM 1 312.91 -

DDR235D0 216.80 217.80 UDOM 1 451.30 1.51

DDR235D0 225.63 227.25 LDOM 1.44 441.11 0.17

DDR237D0 175.00 176.60 UDOM 1.6 394.53 1.03

DDR237D0 179.12 180.12 LDOM 1 86.71 1.28

DDR237D1 175.62 177.49 UDOM 1.58 301.22 0.59

DDR237D1 179.79 180.79 LDOM 1 90.31 2.18

DDR238D0 152.30 153.90 UDOM 1.6 410.82 0.33

DDR239D0 129.25 130.85 UDOM 1.6 441.77 1.86

DDR239D0 147.99 149.59 LDOM 1.6 527.66 2.88

DDR241D0 355.55 357.15 UDOM 1.6 - -

DDR241D0 365.30 366.94 LDOM 1.38 657.23 3.16

DDR241D1 361.78 363.38 UDOM 1.6 556.83 2.04

DDR241D1 364.95 366.43 LDOM 1.25 589.43 2.75

DDR242D0 471.28 472.28 UDOM 1 258.12 0.04

DDR242D1 471.65 472.65 UDOM 1 408.70 0.09

DDR243D0 36.65 38.11 LDOM 1.43 519.94 0.64

DDR244D0 26.05 27.19 LDOM 1.11 74.90 0.12

DDR245D0 16.00 17.46 UDOM 1.43 778.01 2.13

DDR246D0 24.29 25.97 UDOM 1.6 527.09 2.66

DDR246D0 42.32 44.00 LDOM 1.6 110.03 1.20

DDR247D0 13.70 15.38 UDOM 1.6 572.06 3.60

DDR247D0 36.12 37.17 LDOM 1 141.15 0.10

DDR250D0 43.79 44.92 LDOM 1 262.70 0.34

DDR252D0 372.65 374.10 LDOM 1.15 479.78 1.79

DDR252D1 374.18 375.78 LDOM 1.6 501.21 1.70

DDR253D0 404.01 405.01 UDOM 1 229.97 0.31

DDR253D1 403.63 405.23 UDOM 1.6 376.87 0.53

DDR254D0 619.90 621.50 UDOM 1.6 488.62 1.04

DDR254D1 620.26 621.68 UDOM 1.2 720.81 1.18

DDR255D0 435.02 436.02 UDOM 1 517.37 0.22

DDR255D0 442.65 443.65 LDOM 1 233.22 0.49

DDR255D1 435.49 436.49 UDOM 1 469.41 0.38

DDR255D1 443.04 444.04 LDOM 1 372.77 2.11

DDR256D1 600.98 602.21 UDOM 1.14 162.63 0.75

DDR256D2 601.48 602.77 UDOM 1.19 212.82 0.40

DDR257D0 707.41 708.41 UDOM 1 315.72 0.27

DDR257D0 707.49 708.49 LDOM 1 22.53 0.05

DDR257D0 707.49 708.49 LDOM 1 0.11 0.00

DDR257D0 708.20 709.20 LDOM 1 62.53 0.24

DDR257D0 708.29 709.29 UDOM 1 - -

DDR257D0 708.49 709.49 UDOM 1 - -

DDR257D1 707.11 708.11 LDOM 1 15.07 0.02

DDR257D1 707.31 708.31 LDOM 1 5.65 0.01

DDR257D1 707.39 708.39 UDOM 1 151.13 0.11

DDR257D1 707.49 708.49 LDOM 1 9.33 0.02

DDR257D1 707.58 708.58 LDOM 1 6.02 0.01

DDR257D1 707.90 708.90 UDOM 1 - -

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR257D1 707.98 708.98 LDOM 1 29.59 0.15

DDR257D1 708.11 709.11 UDOM 1 - -

DDR257D1 708.31 709.31 UDOM 1 - -

DDR257D1 708.49 709.49 UDOM 1 - -

DDR257D2 707.08 708.08 LDOM 1 4.71 0.02

DDR257D2 707.28 708.28 UDOM 1 76.75 0.18

DDR257D2 707.28 708.28 LDOM 1 8.76 0.20

DDR257D2 707.36 708.36 LDOM 1 2.28 0.00

DDR257D2 708.06 709.06 UDOM 1 - -

DDR257D2 708.08 709.08 UDOM 1 - -

DDR257D2 708.14 709.14 LDOM 1 92.95 0.26

DDR257D2 708.28 709.28 UDOM 1 - -

DDR258D0 458.38 459.38 UDOM 1 927.14 0.91

DDR258D1 459.06 460.06 UDOM 1 826.43 4.12

DDR258D1 463.20 464.80 LDOM 1.6 282.50 1.98

DDR260D0 599.19 600.55 UDOM 1.26 534.32 0.62

DDR260D1 601.74 602.74 UDOM 1 568.13 2.14

DDR260D2 600.61 602.09 UDOM 1.37 657.13 0.91

DDR263D0 1,060.18 1,061.18 UDOM 1 1 123.03 0.31

DDR263D1 1,062.26 1,063.26 UDOM 1 1 105.28 0.13

DDR263D2 1,062.02 1,063.02 UDOM 1 1 280.59 0.36

DDR263D3 1,062.69 1,063.69 UDOM 1 1 404.12 1.94

DDR264D0 362.30 363.87 UDOM 1.32 418.17 0.06

DDR264D1 362.38 363.93 UDOM 1.31 488.56 0.13

DDR265D0 255.89 257.34 UDOM 1.22 675.46 1.06

DDR265D0 262.36 263.36 LDOM 1 161.22 0.08

DDR265D1 256.19 257.64 UDOM 1.22 668.04 0.97

DDR265D1 261.50 262.50 LDOM 1 186.03 0.04

DDR266D0 266.38 268.11 UDOM 1.6 1 889.63 1.69

DDR266D0 276.40 277.80 LDOM 1.29 483.75 0.41

DDR267D0 262.20 263.57 UDOM 1.27 1 605.46 0.66

DDR267D0 272.06 273.06 LDOM 1 80.21 0.27

DDR268D0 211.87 213.18 UDOM 1.16 34.37 0.01

DDR269D1 308.00 309.71 UDOM 1.58 914.39 -

DDR269D1 319.18 320.18 LDOM 1 2 461.40 -

DDR275D0 397.86 398.86 UDOM 1 1 121.44 3.18

DDR275D0 415.27 416.27 LDOM 1 - -

DDR275D1 1.02 2.49 UDOM 1.24 538.80 1.41

DDR276D0 394.87 396.28 UDOM 1.25 470.10 0.34

DDR276D1 394.31 395.62 UDOM 1.16 196.14 0.14

DDR276D1 404.81 405.96 LDOM 1.02 347.84 0.01

DDR277D0 331.19 332.56 UDOM 1.27 1 014.15 0.53

DDR277D0 337.99 339.72 LDOM 1.6 276.32 0.02

DDR277D1 330.92 332.65 UDOM 1.6 1 113.50 0.52

DDR277D1 338.01 339.74 LDOM 1.6 259.86 0.02

DDR278D0 397.81 399.61 UDOM 1.6 786.66 0.83

DDR278D0 412.09 413.09 LDOM 1 187.19 0.33

DDR278D1 397.43 399.23 UDOM 1.6 794.97 0.86

DDR278D1 411.60 412.60 LDOM 1 224.74 2.88

DDR280D0 62.71 64.35 UDOM 1.6 334.11 0.36

DDR280D0 87.43 89.07 LDOM 1.6 2 125.73 0.87

DDR281D0 35.46 37.10 UDOM 1.6 537.21 0.42

DDR282D0 720.81 722.54 UDOM 1.6 577.10 1.64

DDR282D0 724.73 725.73 LDOM 1 159.63 0.05

DDR282D1 720.94 722.67 UDOM 1.6 660.98 1.00

DDR282D1 724.10 725.10 LDOM 1 115.13 0.04

DDR282D2 722.00 723.73 UDOM 1.6 675.67 0.99

DDR282D2 725.55 726.55 LDOM 1 161.14 0.12

DDR283D0 117.44 119.24 UDOM 1.6 130.61 0.17

DDR284D0 94.66 95.85 UDOM 1 528.95 2.99

DDR285D0 103.87 105.59 UDOM 1.59 563.41 0.68

DDR285D0 111.82 113.16 LDOM 1.24 103.33 0.22

DDR288D0 113.21 114.62 UDOM 1.19 341.21 0.80

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR289D0 54.43 55.62 UDOM 1 338.41 0.01

DDR290D0 53.65 55.25 UDOM 1.6 512.73 0.35

DDR291D0 56.61 57.80 UDOM 1 552.11 0.51

DDR293D0 104.83 105.83 UDOM 1 1 789.44 4.33

DDR294D0 95.43 97.03 UDOM 1.6 653.76 0.50

DDR295D0 272.17 274.20 LDOM 1.44 344.94 0.12

DDR295D1 267.51 269.26 UDOM 1.24 326.57 0.41

DDR295D1 268.52 269.52 LDOM 1 21.63 0.02

DDR295D1 268.72 269.72 LDOM 1 2.64 0.00

DDR295D1 268.73 269.73 LDOM 1 3.89 0.04

DDR295D1 268.74 269.74 LDOM 1 3.89 0.04

DDR295D1 268.98 269.98 LDOM 1 95.35 0.93

DDR295D1 269.26 270.26 UDOM 1 - -

DDR295D1 269.52 270.52 UDOM 1 - -

DDR295D1 269.72 270.72 UDOM 1 - -

DDR295D1 269.73 270.73 UDOM 1 - -

DDR295D1 269.74 270.74 UDOM 1 - -

DDR295D1 270.34 271.34 LDOM 1 479.39 1.37

DDR296D0 284.90 286.50 UDOM 1.6 160.45 0.25

DDR296D1 284.88 286.48 UDOM 1.6 213.81 0.19

DDR297D0 37.34 38.94 UDOM 1.6 114.97 0.27

DDR297D0 54.52 55.71 LDOM 1 57.76 0.50

DDR301D0 355.13 356.73 UDOM 1.6 677.16 2.92

DDR301D0 359.05 360.87 LDOM 1.53 114.20 0.14

DDR301D1 354.93 356.53 UDOM 1.6 650.82 2.66

DDR301D1 359.15 360.15 LDOM 1 22.69 0.02

DDR302D0 24.65 26.12 UDOM 1.4 385.68 0.21

DDR302D0 48.34 49.94 LDOM 1.53 1 348.05 4.52

DDR303D0 44.39 46.07 UDOM 1.6 1 096.86 1.58

DDR303D0 78.43 79.48 LDOM 1 70.85 0.13

DDR305D0 39.37 41.05 UDOM 1.6 713.70 1.22

DDR305D0 56.32 57.37 LDOM 1 79.35 0.02

DDR306D0 28.83 30.51 UDOM 1.6 496.67 0.46

DDR306D0 49.82 50.87 LDOM 1 83.14 0.85

DDR307D0 53.64 55.25 UDOM 1.54 821.76 1.22

DDR307D0 70.89 72.57 LDOM 1.6 2 863.09 0.93

DDR308D0 6.06 7.70 UDOM 1.6 324.79 0.29

DDR308D0 27.69 28.69 LDOM 1 333.19 0.58

DDR310D0 8.82 10.03 UDOM 1.18 24.58 0.02

DDR310D0 54.87 55.87 LDOM 1 868.58 0.08

DDR311D0 10.16 11.74 UDOM 1.54 430.03 0.94

DDR311D0 33.85 34.85 LDOM 1 81.09 0.04

DDR312D0 25.40 27.04 UDOM 1.6 358.09 0.42

DDR312D0 42.44 44.08 LDOM 1.6 1 195.58 0.65

DDR313D0 407.46 409.06 UDOM 1.6 596.21 1.18

DDR313D0 410.56 412.16 LDOM 1.6 435.00 0.49

DDR313D1 407.28 408.28 UDOM 1 695.69 1.39

DDR313D1 410.33 411.93 LDOM 1.6 322.84 0.33

DDR314D0 602.54 603.54 LDOM 1 982.84 0.98

DDR314D1 601.65 602.65 LDOM 1 361.77 0.31

DDR314D2 603.04 604.04 LDOM 1 641.68 0.30

DDR318D0 19.13 20.77 UDOM 1.6 266.44 1.33

DDR318D0 32.60 34.24 LDOM 1.6 18.08 0.19

DDR320D0 547.51 549.06 UDOM 1.31 - -

DDR320D2 547.49 549.09 UDOM 1.6 585.07 0.50

DDR321D0 733.12 734.50 UDOM 1.16 286.38 0.45

DDR321D0 733.70 734.70 LDOM 1 11.86 0.01

DDR321D0 733.76 734.76 LDOM 1 0.36 0.00

DDR321D0 734.42 735.42 LDOM 1 78.73 0.01

DDR321D0 734.50 735.50 UDOM 1 - -

DDR321D0 734.70 735.70 UDOM 1 - -

DDR321D1 733.40 734.71 UDOM 1.1 189.25 0.64

DDR321D1 733.95 734.95 LDOM 1 6.18 0.05

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DDR321D1 734.60 735.60 LDOM 1 66.04 0.07

DDR321D1 734.71 735.71 UDOM 1 - -

DDR321D2 732.51 734.18 UDOM 1.41 177.76 0.22

DDR321D2 734.33 735.33 LDOM 1 63.07 0.01

DDR322D0 38.28 39.50 UDOM 1.13 44.79 0.06

DDR323D0 79.64 80.91 UDOM 1.17 755.01 1.24

DDR324D0 100.47 101.87 UDOM 1.29 81.03 0.37

DDR325D0 96.43 98.03 UDOM 1.6 548.04 1.02

DDR325D0 98.84 100.03 LDOM 1 385.99 1.93

DDR326D0 108.42 109.42 LDOM 1 293.60 0.34

DDR326D1 107.54 108.54 LDOM 1 425.32 0.42

DDR327D0 24.98 25.98 UDOM 1 415.78 0.50

DDR327D0 25.28 26.28 LDOM 1 550.49 0.70

DDR327D0 25.56 26.56 LDOM 1 606.38 0.58

DDR327D0 25.58 26.58 LDOM 1 0.06 0.00

DDR327D0 25.85 26.85 LDOM 1 0.81 0.00

DDR327D0 26.11 27.11 UDOM 1 - -

DDR327D0 26.14 27.14 LDOM 1 45.05 0.04

DDR327D0 26.28 27.28 UDOM 1 - -

DDR327D0 26.56 27.56 UDOM 1 - -

DDR327D0 26.58 27.58 UDOM 1 - -

DDR331D0 56.37 57.68 UDOM 1.21 140.50 0.43

DDR332D0 111.08 112.34 UDOM 1.16 928.56 2.19

DDR333D0 55.27 56.54 UDOM 1.17 173.15 1.91

DDR334D0 78.00 79.00 UDOM 1 30.78 0.02

DDR335D0 59.88 60.88 UDOM 1 27.71 0.04

DDR336D0 45.70 47.01 UDOM 1.21 1 710.38 0.88

DDR336D0 53.72 54.72 LDOM 1 47.55 0.02

DDR338D0 59.09 60.39 UDOM 1.2 842.38 0.50

DDR339D0 97.56 98.56 UDOM 1 67.27 0.13

DDR342D0 56.58 57.58 LDOM 1 53.83 0.03

DDR343D0 56.92 58.28 UDOM 1.26 119.56 1.56

DDR343D0 62.18 63.18 LDOM 1 187.78 0.24

DDR344D0 116.39 117.39 UDOM 1 36.82 0.35

DDR345D0 101.06 102.06 UDOM 1 473.24 3.64

DDR346D0 73.66 74.88 UDOM 1.13 375.17 1.62

DDR347D0 115.49 116.69 UDOM 1.11 218.21 0.69

DDR348D0 156.34 157.76 UDOM 1.2 113.93 0.60

DDR355D0 251.23 252.23 LDOM 1 - -

DDROC01D0 19.55 20.77 UDOM 1.13 150.11 0.45

DDROC02D0 48.15 49.42 UDOM 1.17 236.96 0.41

DDROC03D0 22.64 24.20 UDOM 1.44 424.90 0.28

DDROC04D0 52.44 54.17 UDOM 1.6 405.00 0.69

DDROC05D0 11.30 12.94 UDOM 1.6 899.81 1.93

DDROC06D0 18.32 19.96 UDOM 1.6 1 205.21 1.10

DDROC07D0 16.09 17.77 UDOM 1.6 674.11 0.06

DDROC07D0 55.02 56.07 LDOM 1 1 061.98 0.58

DDROC08D0 26.89 27.89 UDOM 1 205.48 0.34

DDROC09D0 35.28 36.96 UDOM 1.6 1 068.72 0.85

DDROC09D0 56.95 58.63 LDOM 1.6 3 388.43 1.50

DM115D0 36.39 37.58 UDOM 1 547.09 -

DM134P2D0 41.88 43.07 LDOM 1 69.05 -

DM134P2D0 50.38 51.57 UDOM 1 518.37 -

DM134P4D0 45.26 46.45 LDOM 1 142.00 -

DM134P4D0 52.92 54.11 UDOM 1 230.32 -

DM139P2D0 52.12 53.31 UDOM 1 793.02 -

DM154D0 12.88 14.07 LDOM 1 145.15 -

DM154D0 22.57 23.76 UDOM 1 1 602.00 -

DM154P3AD0 53.64 54.83 LDOM 1 12.00 0.35

DM154P3AD0 63.87 65.06 UDOM 1 1 483.28 3.35

DM154P3D0 19.66 21.26 LDOM 1.6 317.88 -

DM154P4D0 25.75 26.94 LDOM 1 148.30 -

DM155D0 34.73 35.92 UDOM 1 35.00 -

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DM155P2D0 11.77 12.96 LDOM 1 150.91 -

DM155P2D0 22.58 23.77 UDOM 1 653.69 0.66

DM156D0 9.96 11.15 LDOM 1 105.00 -

DM156D0 18.49 19.68 UDOM 1 976.91 -

DM157D0 13.01 14.20 LDOM 1 104.51 -

DM157D0 22.34 23.53 UDOM 1 1 530.29 1.27

DM158D0 30.46 31.46 LDOM 1 66.06 0.69

DM158D0 37.14 38.14 UDOM 1 76.00 0.40

DM159D0 39.70 40.89 LDOM 1 45.11 -

DM159D0 49.23 50.42 UDOM 1 1 983.64 2.31

DRT001D0 66.81 68.61 UDOM 1.6 225.36 0.04

DRT001D0 81.13 82.26 LDOM 1 90.81 0.04

DRT002D0 26.60 28.40 UDOM 1.6 522.06 0.36

DRT002D0 36.86 37.99 LDOM 1 14.44 0.01

DRT003D0 177.58 179.06 UDOM 1.31 390.07 0.56

DRT003D0 191.48 192.48 LDOM 1 227.06 0.68

DRT003D1 178.34 179.34 UDOM 1 480.80 0.54

DRT003D1 192.22 193.22 LDOM 1 357.44 2.45

DRT004D0 273.45 274.74 UDOM 1.14 - -

DRT004D1 274.21 275.71 UDOM 1.33 35.92 0.02

DRT005D0 151.43 153.20 UDOM 1.57 1 008.41 0.51

DRT005D0 160.25 161.25 LDOM 1 195.04 0.09

DRT006D0 35.04 36.84 UDOM 1.6 407.00 0.83

DRT006D0 52.07 53.20 LDOM 1 92.59 2.26

DRT007D0 97.43 99.23 UDOM 1.6 185.53 0.21

DRT007D0 109.27 110.27 LDOM 1 66.01 0.07

DRT007D1 97.71 99.40 UDOM 1.5 223.60 0.27

DRT010D0 236.34 237.97 UDOM 1.45 82.03 0.04

DRT010D1 235.93 237.53 UDOM 1.6 38.07 0.05

DRT012D1 139.34 140.34 UDOM 1 677.24 1.17

DRT012D1 153.81 154.81 LDOM 1 25.80 0.01

DRT017D0 224.07 225.67 UDOM 1.6 478.69 0.13

DRT017D1 224.30 226.02 UDOM 1.45 460.13 0.73

DRT018D0 87.88 89.68 UDOM 1.6 687.12 0.23

DRT019D0 84.54 86.24 UDOM 1.51 731.07 0.59

DRT020D0 252.92 253.92 UDOM 1 1 068.54 0.68

DRT020D0 257.45 259.06 LDOM 1.36 22.93 0.02

DRT020D1 253.16 254.16 UDOM 1 1 711.14 0.72

DRT021D0 224.53 225.91 UDOM 1.22 194.57 0.23

DRT021D0 240.48 241.72 LDOM 1.1 266.57 0.06

DRT021D1 224.25 225.83 UDOM 1.4 277.93 0.17

DRT021D1 241.14 242.14 LDOM 1 178.99 0.03

DRT022D0 71.68 72.81 UDOM 1 674.21 1.46

DRT022D0 89.25 90.38 LDOM 1 551.28 0.04

DRT023D0 73.55 74.68 UDOM 1 954.04 0.79

DRT023D0 94.23 95.58 LDOM 1.2 172.97 0.04

DRT024D0 205.32 207.09 UDOM 1.57 2 720.58 2.19

DRT024D0 231.10 232.10 LDOM 1 105.86 0.00

DRT024D1 205.89 206.89 UDOM 1 861.23 0.76

DRT024D2 204.50 205.50 UDOM 1 - -

DRT025D0 165.34 166.70 UDOM 1.21 1 755.40 1.90

DRT025D0 183.45 184.45 LDOM 1 29.01 0.02

DRT025D1 165.06 166.41 UDOM 1.2 1 852.06 1.15

DRT025D1 182.94 183.94 LDOM 1 416.60 0.08

DRT026D0 139.48 140.48 UDOM 1 563.98 0.52

DRT026D1 139.34 140.77 UDOM 1.21 573.40 0.58

DRT027D0 215.00 216.00 UDOM 1 1 332.95 0.80

DRT027D0 227.12 228.12 LDOM 1 104.63 0.01

DRT027D1 214.98 215.98 UDOM 1 1 937.09 0.62

DRT027D1 227.53 228.53 LDOM 1 96.96 0.01

DRT028D0 325.37 326.86 UDOM 1.32 524.99 0.37

DRT028D0 341.82 342.82 LDOM 1 56.11 0.02

DRT028D1 325.16 326.92 UDOM 1.56 974.73 0.49

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT028D1 342.09 343.09 LDOM 1 76.12 0.01

DRT029D0 458.10 459.39 UDOM 1.14 627.51 0.91

DRT029D0 471.50 472.50 LDOM 1 142.59 0.01

DRT029D1 457.73 459.43 UDOM 1.51 706.62 1.18

DRT029D2 458.77 459.77 UDOM 1 671.21 1.07

DRT029D2 472.27 473.27 LDOM 1 252.53 0.03

DRT030D0 480.67 482.26 UDOM 1.41 1 396.10 0.80

DRT030D1 480.70 482.10 UDOM 1.24 2 002.28 0.79

DRT030D2 480.70 482.41 UDOM 1.52 1 195.21 2.24

DRT030D2 503.27 504.27 LDOM 1 306.87 0.02

DRT032D0 258.19 259.19 UDOM 1 164.04 0.32

DRT032D1 258.02 259.38 UDOM 1.26 152.66 0.21

DRT034D0 341.63 343.33 UDOM 1.43 1 196.10 0.00

DRT034D0 359.77 360.77 LDOM 1 107.85 0.01

DRT035D0 211.95 212.95 UDOM 1 290.10 0.05

DRT035D0 223.98 224.98 LDOM 1 63.43 0.01

DRT035D1 208.97 210.31 UDOM 1.19 18.22 0.02

DRT035D1 220.93 221.93 LDOM 1 45.15 0.02

DRT036D0 466.99 468.59 UDOM 1.6 632.38 0.32

DRT036D0 482.81 483.81 LDOM 1 41.79 0.02

DRT036D1 467.36 469.10 UDOM 1.54 567.58 0.35

DRT036D1 483.32 484.32 LDOM 1 138.59 0.00

DRT036D2 467.29 468.89 UDOM 1.6 594.27 0.53

DRT036D2 482.98 483.98 LDOM 1 59.83 0.00

DRT037D0 373.43 374.43 UDOM 1 454.12 0.84

DRT037D1 373.41 374.41 UDOM 1 398.80 0.92

DRT038D0 260.71 261.71 UDOM 1 209.62 0.24

DRT038D1 261.31 262.31 UDOM 1 80.00 0.14

DRT039D0 337.16 338.76 UDOM 1.6 444.57 1.48

DRT039D0 351.71 352.71 LDOM 1 54.20 0.12

DRT039D1 337.11 338.52 UDOM 1.19 715.65 2.48

DRT039D1 351.40 352.40 LDOM 1 9.44 0.00

DRT040D0 183.24 184.24 UDOM 1 1 498.27 1.81

DRT040D0 199.17 200.17 LDOM 1 17.72 0.01

DRT040D1 183.20 184.61 UDOM 1.19 115.52 1.17

DRT040D1 199.86 200.86 LDOM 1 6.13 0.00

DRT041D0 91.29 92.42 UDOM 1 331.43 0.12

DRT041D0 107.26 108.26 LDOM 1 6.87 0.00

DRT043D0 128.31 129.65 UDOM 1.19 1 772.83 2.13

DRT043D1 128.33 129.33 UDOM 1 1 578.87 2.57

DRT045D0 224.34 225.34 UDOM 1 173.66 0.27

DRT045D0 238.21 239.21 LDOM 1 23.83 0.15

DRT045D1 223.96 225.36 UDOM 1.24 223.18 0.23

DRT045D1 237.90 238.90 LDOM 1 17.49 0.07

DRT048D0 432.47 434.27 UDOM 1.6 317.79 1.63

DRT048D1 433.70 435.50 UDOM 1.6 579.19 0.88

DRT049D0 168.84 170.33 UDOM 1.42 683.69 0.60

DRT049D0 177.90 178.90 LDOM 1 20.18 0.12

DRT049D1 171.37 173.05 UDOM 1.6 706.95 0.17

DRT049D1 180.56 181.56 LDOM 1 79.08 0.07

DRT050D0 185.25 186.48 UDOM 1.17 2 059.69 0.27

DRT050D0 188.94 189.94 LDOM 1 211.59 0.00

DRT050D1 184.76 185.99 UDOM 1.17 1 808.80 0.40

DRT050D1 188.70 189.70 LDOM 1 394.51 0.04

DRT051D0 297.02 298.36 UDOM 1.31 - -

DRT051D1 301.08 302.48 UDOM 1.37 912.46 2.03

DRT051D2 290.74 292.38 UDOM 1.6 844.04 1.51

DRT053D0 97.56 98.74 UDOM 1.13 899.63 0.75

DRT053D0 100.61 101.61 LDOM 1 47.42 0.06

DRT054D0 155.00 156.17 UDOM 1.12 563.38 0.04

DRT054D0 161.01 162.01 LDOM 1 6.02 0.01

DRT054D1 154.08 155.31 UDOM 1.17 1 621.60 0.49

DRT054D1 159.77 160.77 LDOM 1 5.76 0.00

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT056D0 227.42 229.06 UDOM 1.6 597.82 1.07

DRT056D0 234.64 235.64 LDOM 1 1 449.17 3.77

DRT056D1 226.98 228.58 UDOM 1.6 487.07 1.17

DRT057D0 344.02 345.31 UDOM 1.28 354.86 0.44

DRT057D0 352.99 354.00 LDOM 1 103.22 0.46

DRT057D1 343.63 344.88 UDOM 1.24 250.82 0.43

DRT058D0 182.10 183.46 UDOM 1.33 901.31 2.17

DRT058D1 181.53 183.17 UDOM 1.6 620.02 1.34

DRT059D0 279.00 280.61 UDOM 1.6 1 642.63 0.95

DRT059D1 278.91 280.52 UDOM 1.6 1 286.23 2.37

DRT061D0 121.60 122.91 UDOM 1.25 2 158.94 1.82

DRT061D0 127.97 128.97 LDOM 1 24.22 0.01

DRT061D1 121.78 123.19 UDOM 1.34 2 363.52 0.97

DRT061D1 127.98 128.98 LDOM 1 19.57 0.01

DRT064D0 26.77 27.84 UDOM 1.04 37.59 0.22

DRT067D0 65.61 66.83 UDOM 1.19 - -

DRT068D0 62.95 63.95 LDOM 1 15.09 0.10

DRT069D0 585.80 587.18 UDOM 1.35 1 060.04 1.20

DRT069D1 585.46 586.58 UDOM 1.09 1 167.40 1.56

DRT069D1 597.52 598.52 LDOM 1 84.74 0.14

DRT070D0 607.89 608.89 UDOM 1 1 352.73 0.88

DRT070D0 621.05 622.05 LDOM 1 135.96 0.01

DRT070D1 607.46 608.46 UDOM 1 - -

DRT070D1 620.74 621.74 LDOM 1 - -

DRT070D2 606.90 608.09 UDOM 1.1 - -

DRT070D2 619.78 620.78 LDOM 1 - -

DRT073D0 815.47 816.97 UDOM 1.46 1 709.89 1.20

DRT073D1 815.46 816.97 UDOM 1.47 1 773.76 1.34

DRT073D1 826.61 827.61 LDOM 1 17.00 0.06

DRT073D2 815.57 817.00 UDOM 1.4 1 764.24 1.53

DRT073D2 826.78 827.78 LDOM 1 74.30 0.02

DRT076D0 421.77 423.38 UDOM 1.6 610.47 0.84

DRT076D0 431.17 432.18 LDOM 1 60.29 0.05

DRT076D1 419.56 421.17 UDOM 1.6 478.84 0.76

DRT078D0 213.03 214.24 UDOM 1.18 1 127.57 0.04

DRT078D0 221.99 222.99 LDOM 1 52.52 0.97

DRT078D1 211.62 212.92 UDOM 1.27 1 017.64 1.04

DRT078D1 220.77 221.77 LDOM 1 39.52 0.59

DRT079D0 326.78 328.39 UDOM 1.6 1 357.63 1.42

DRT079D1 326.98 328.59 UDOM 1.6 1 217.53 0.94

DRT080D0 469.16 470.77 UDOM 1.6 815.98 0.47

DRT080D0 478.80 479.81 LDOM 1 159.32 2.51

DRT080D1 473.60 475.21 UDOM 1.6 756.18 0.11

DRT080D1 483.13 484.14 LDOM 1 334.16 0.27

DRT083D0 843.48 845.08 UDOM 1.6 680.26 1.61

DRT083D0 846.20 847.20 LDOM 1 442.15 0.58

DRT083D1 841.46 843.06 UDOM 1.6 308.51 0.41

DRT083D1 845.60 846.60 LDOM 1 236.18 0.20

DRT083D2 841.33 842.66 UDOM 1.33 299.74 0.04

DRT083D2 842.87 844.09 LDOM 1.22 396.39 1.35

DRT084D0 563.73 565.41 UDOM 1.6 1 053.44 4.50

DRT084D1 564.22 565.90 UDOM 1.6 1 126.83 5.10

DRT087D0 978.97 979.97 UDOM 1 274.22 0.01

DRT087D0 979.19 980.19 LDOM 1 30.23 0.00

DRT087D0 979.31 980.31 LDOM 1 6.18 0.00

DRT087D0 979.36 980.36 LDOM 1 2.58 0.00

DRT087D0 979.38 980.38 LDOM 1 0.20 0.00

DRT087D0 979.87 980.87 LDOM 1 17.22 0.00

DRT087D0 979.97 980.97 UDOM 1 - -

DRT087D0 980.19 981.19 UDOM 1 - -

DRT087D0 980.31 981.31 UDOM 1 - -

DRT087D0 980.36 981.36 UDOM 1 - -

DRT087D1 977.33 978.51 UDOM 1.13 212.89 0.01

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT087D1 977.54 978.54 LDOM 1 1.60 0.00

DRT087D1 978.51 979.51 UDOM 1 - -

DRT087D1 978.54 979.78 LDOM 1.19 45.80 0.24

DRT087D2 977.22 978.70 UDOM 1.41 512.02 0.25

DRT087D2 980.04 981.04 LDOM 1 56.24 0.01

DRT090D0 820.34 821.95 UDOM 1.6 91.96 0.01

DRT090D0 832.45 833.46 LDOM 1 107.95 0.01

DRT090D1 822.11 823.20 UDOM 1.08 488.44 0.54

DRT090D1 832.69 833.70 LDOM 1 477.58 0.01

DRT090D2 821.22 822.45 UDOM 1.22 652.54 0.48

DRT090D2 831.45 832.46 LDOM 1 290.11 0.43

DRT091D0 600.16 601.20 UDOM 1.03 318.79 0.27

DRT091D0 613.55 614.56 LDOM 1 813.87 0.01

DRT091D1 596.06 597.21 UDOM 1.14 320.30 0.44

DRT091D1 608.99 610.00 LDOM 1 298.02 0.01

DRT091D2 608.62 609.79 UDOM 1.16 470.77 1.12

DRT092D0 691.82 693.46 UDOM 1.6 555.98 0.70

DRT092D0 708.65 709.65 LDOM 1 882.96 0.04

DRT092D1 691.70 693.34 UDOM 1.6 633.97 0.46

DRT092D1 708.25 709.25 LDOM 1 894.03 0.18

DRT092D2 692.77 694.41 UDOM 1.6 496.61 0.71

DRT092D2 708.37 709.37 LDOM 1 1 223.39 0.46

DRT093D0 587.74 589.35 UDOM 1.6 1 228.68 0.90

DRT093D0 606.08 607.09 LDOM 1 563.16 0.05

DRT093D1 599.66 600.69 UDOM 1.02 603.53 0.53

DRT093D2 594.87 595.97 UDOM 1.09 896.44 0.36

DRT094D0 836.80 838.44 UDOM 1.6 124.64 0.09

DRT094D0 851.84 852.84 LDOM 1 273.52 1.26

DRT094D1 834.55 836.19 UDOM 1.6 - -

DRT094D1 851.15 852.15 LDOM 1 318.19 0.01

DRT094D2 838.41 840.05 UDOM 1.6 512.75 0.13

DRT095D0 789.97 791.61 UDOM 1.6 1 167.80 0.33

DRT095D0 798.09 799.09 LDOM 1 179.32 0.28

DRT095D1 790.05 791.69 UDOM 1.6 971.47 0.42

DRT095D1 798.32 799.32 LDOM 1 29.37 0.04

DRT095D2 790.03 791.67 UDOM 1.6 1 254.26 3.54

DRT095D2 798.61 799.61 LDOM 1 164.04 0.43

DRT096D0 545.97 547.61 UDOM 1.6 406.55 0.30

DRT096D1 546.90 548.04 UDOM 1.11 409.72 0.41

DRT096D1 552.00 553.00 LDOM 1 138.92 0.91

DRT096D2 547.11 548.31 UDOM 1.17 310.46 0.46

DRT096D2 552.07 553.07 LDOM 1 314.18 0.74

DRT097D0 446.28 447.66 UDOM 1.35 463.47 0.42

DRT097D1 443.31 444.95 UDOM 1.6 47.19 0.02

DRT097D2 446.77 448.39 UDOM 1.58 330.37 0.31

DRT098D0 487.88 489.52 UDOM 1.6 968.14 1.63

DRT098D1 487.88 489.52 UDOM 1.6 729.27 1.47

DRT099D0 664.26 665.86 UDOM 1.6 633.61 0.29

DRT099D0 675.55 676.80 LDOM 1.25 281.18 0.50

DRT099D1 664.14 665.74 UDOM 1.6 607.31 0.36

DRT099D1 676.03 677.06 LDOM 1.03 217.95 0.07

DRT099D2 664.82 666.42 UDOM 1.6 923.89 0.72

DRT099D2 675.34 676.34 LDOM 1 260.60 0.27

DRT100D0 669.58 671.19 UDOM 1.6 809.61 0.58

DRT100D0 679.88 680.89 LDOM 1 189.05 0.02

DRT100D1 669.15 670.67 UDOM 1.51 908.75 0.61

DRT100D1 679.39 680.40 LDOM 1 128.68 0.01

DRT100D2 669.85 671.45 UDOM 1.6 744.87 0.65

DRT100D2 680.44 681.45 LDOM 1 68.78 0.01

DRT101D0 484.52 486.13 UDOM 1.6 1 740.12 0.31

DRT101D1 480.91 482.40 UDOM 1.48 1 334.90 0.93

DRT102D1 473.14 474.14 LDOM 1 - -

DRT103D0 255.46 256.62 UDOM 1.13 1 100.51 1.11

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT103D1 255.45 256.79 UDOM 1.31 1 239.75 1.36

DRT104D0 624.68 625.68 UDOM 1 468.84 0.52

DRT104D0 629.81 630.81 LDOM 1 44.65 0.02

DRT104D1 624.57 625.75 UDOM 1.15 442.09 0.64

DRT104D1 629.81 630.81 LDOM 1 49.96 0.01

DRT104D2 624.06 625.26 UDOM 1.17 701.63 0.83

DRT104D2 629.26 630.26 LDOM 1 38.51 0.02

DRT106D0 774.90 776.50 UDOM 1.6 1 153.76 0.08

DRT106D0 781.05 782.05 LDOM 1 92.94 0.02

DRT106D1 774.73 776.37 UDOM 1.6 820.37 0.10

DRT106D1 781.48 782.48 LDOM 1 108.10 0.01

DRT106D2 776.17 777.81 UDOM 1.6 1 426.43 0.09

DRT106D2 783.41 784.41 LDOM 1 102.80 0.01

DRT107D1 748.07 749.39 UDOM 1.32 546.44 0.32

DRT107D1 754.18 755.18 LDOM 1 98.45 0.06

DRT107D2 748.53 749.55 UDOM 1.02 692.56 0.33

DRT108D0 737.21 738.22 LDOM 1 62.67 0.06

DRT108D1 737.19 738.20 LDOM 1 136.57 0.06

DRT109D0 465.73 467.53 UDOM 1.6 915.87 1.41

DRT109D0 479.51 480.51 LDOM 1 26.51 0.19

DRT111D0 616.24 617.74 UDOM 1.43 524.63 0.34

DRT111D0 628.32 629.32 LDOM 1 231.85 0.07

DRT111D1 616.23 617.65 UDOM 1.35 382.47 0.19

DRT111D1 628.44 629.44 LDOM 1 532.50 3.08

DRT111D2 616.72 618.29 UDOM 1.5 488.41 0.33

DRT111D2 627.47 628.47 LDOM 1 549.25 1.61

DRT112D0 569.87 571.67 UDOM 1.6 147.10 0.01

DRT112D0 581.16 582.16 LDOM 1 74.31 0.02

DRT112D1 569.80 570.80 UDOM 1 - -

DRT112D2 572.73 573.73 UDOM 1 - -

DRT112D3 570.67 572.42 UDOM 1.55 1 325.86 4.56

DRT112D4 570.74 572.34 UDOM 1.6 1 086.29 -

DRT112D5 571.33 572.93 UDOM 1.6 1 073.39 7.12

DRT113D0 807.56 809.17 UDOM 1.6 199.69 0.04

DRT113D0 823.19 824.20 LDOM 1 183.94 0.99

DRT113D1 807.77 809.21 UDOM 1.43 148.04 0.09

DRT113D1 823.12 824.13 LDOM 1 48.17 0.20

DRT113D2 807.80 808.98 UDOM 1.17 590.35 0.40

DRT113D2 825.99 827.00 LDOM 1 - -

DRT115D0 625.58 626.98 UDOM 1.37 380.13 0.33

DRT115D0 633.68 634.68 LDOM 1 80.88 0.10

DRT115D1 626.29 627.63 UDOM 1.31 389.54 0.21

DRT115D2 626.12 627.55 UDOM 1.4 385.77 0.19

DRT115D2 633.59 634.59 LDOM 1 252.16 0.70

DRT115D3 626.44 627.44 UDOM 1 323.78 -

DRT115D3 634.13 635.13 LDOM 1 287.33 -

DRT116D0 706.64 708.28 UDOM 1.6 111.88 0.02

DRT116D0 721.18 722.82 LDOM 1.6 415.44 0.26

DRT116D1 707.49 709.13 UDOM 1.6 124.54 0.03

DRT116D1 721.53 723.17 LDOM 1.6 424.42 0.33

DRT116D2 706.91 708.55 UDOM 1.6 104.29 0.64

DRT116D2 723.16 724.16 LDOM 1 433.22 0.94

DRT117D0 704.18 705.51 UDOM 1.32 733.18 0.81

DRT117D0 710.90 711.91 LDOM 1 480.12 0.30

DRT117D1 704.13 705.42 UDOM 1.28 600.47 2.70

DRT117D1 710.75 711.76 LDOM 1 634.48 1.18

DRT117D2 702.31 703.92 UDOM 1.6 178.33 1.07

DRT117D2 710.81 711.82 LDOM 1 384.13 1.25

DRT118D0 372.02 373.02 UDOM 1 50.40 0.75

DRT118D0 381.88 382.88 LDOM 1 25.22 0.02

DRT118D1 371.28 372.28 UDOM 1 245.42 1.15

DRT118D1 381.43 382.43 LDOM 1 37.18 0.01

DRT119D0 301.08 302.81 UDOM 1.6 84.77 0.02

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT119D1 289.15 290.64 UDOM 1.38 2 394.45 1.12

DRT119D2 302.55 303.99 UDOM 1.33 3 756.47 1.86

DRT119D2 336.74 337.74 LDOM 1 226.79 0.02

DRT120D0 238.88 239.88 UDOM 1 1 265.33 0.80

DRT120D0 255.06 256.37 LDOM 1.16 2 192.85 0.58

DRT120D1 239.03 240.46 UDOM 1.27 1 282.05 0.55

DRT120D1 255.00 256.00 LDOM 1 710.46 0.29

DRT121D0 301.32 302.97 UDOM 1.39 745.24 0.45

DRT121D0 317.58 318.58 LDOM 1 260.67 0.01

DRT121D1 295.48 296.48 UDOM 1 483.02 0.57

DRT121D1 312.48 313.48 LDOM 1 736.19 0.04

DRT121D2 294.69 296.22 UDOM 1.29 746.43 0.42

DRT121D2 311.34 312.34 LDOM 1 462.60 0.53

DRT122D0 314.77 316.51 UDOM 1.47 1 446.57 1.35

DRT122D1 314.68 315.68 UDOM 1 827.43 0.72

DRT122D1 331.04 332.04 LDOM 1 431.16 0.09

DRT123D0 355.58 356.58 UDOM 1 1 245.95 0.04

DRT123D0 377.19 378.19 LDOM 1 283.80 0.05

DRT123D1 356.02 357.02 UDOM 1 996.32 1.87

DRT123D1 377.62 378.95 LDOM 1.12 297.56 0.10

DRT124D0 359.15 360.75 UDOM 1.6 1 409.78 0.69

DRT124D0 374.74 375.74 LDOM 1 1 862.84 0.04

DRT124D1 360.48 361.48 UDOM 1 1 051.42 0.47

DRT124D1 374.84 375.84 LDOM 1 1 920.02 0.55

DRT125D0 248.56 249.56 UDOM 1 1 376.08 0.05

DRT125D0 264.38 265.98 LDOM 1.6 26.03 0.06

DRT125D1 248.57 249.57 UDOM 1 875.97 0.40

DRT125D1 265.96 266.96 LDOM 1 188.59 0.04

DRT126D0 244.76 245.76 UDOM 1 433.79 0.10

DRT126D0 261.70 262.70 LDOM 1 409.55 0.17

DRT126D1 241.18 242.54 UDOM 1.21 358.30 0.41

DRT126D1 257.89 258.89 LDOM 1 263.07 0.04

DRT128D0 406.23 407.91 UDOM 1.6 217.71 0.06

DRT128D0 412.14 413.82 LDOM 1.6 298.57 0.34

DRT128D1 406.01 407.69 UDOM 1.6 443.73 0.13

DRT128D1 412.18 413.86 LDOM 1.6 248.07 0.25

DRT129D0 829.15 830.15 UDOM 1 340.35 0.50

DRT129D0 843.19 844.99 LDOM 1.6 188.96 0.13

DRT129D1 829.79 831.11 UDOM 1.17 377.35 0.46

DRT129D1 843.64 845.44 LDOM 1.6 225.55 0.14

DRT129D2 830.32 831.62 UDOM 1.15 432.98 0.55

DRT129D2 844.02 845.82 LDOM 1.6 231.03 0.12

DRT131D0 895.64 896.98 UDOM 1.28 468.49 0.93

DRT131D0 906.06 907.06 LDOM 1 2 107.43 0.04

DRT131D1 895.14 896.46 UDOM 1.26 604.73 0.45

DRT131D1 905.33 906.33 LDOM 1 236.97 0.04

DRT131D2 894.78 895.96 UDOM 1.13 643.92 0.54

DRT131D2 904.49 905.49 LDOM 1 1 795.85 0.09

DRT132D0 712.47 713.51 UDOM 1.03 844.73 0.51

DRT132D0 723.54 724.55 LDOM 1 1 248.60 3.06

DRT132D1 712.39 713.58 UDOM 1.18 643.09 0.52

DRT132D1 723.38 724.39 LDOM 1 549.06 1.61

DRT132D2 712.01 713.54 UDOM 1.52 569.92 0.29

DRT132D2 723.37 724.38 LDOM 1 136.37 0.25

DRT135D0 669.47 670.47 LDOM 1 - -

DRT135D1 688.46 690.06 UDOM 1.56 497.03 0.65

DRT135D1 700.50 701.50 LDOM 1 101.56 0.05

DRT135D2 705.50 707.10 UDOM 1.6 521.80 0.17

DRT136D0 807.34 808.73 UDOM 1.36 175.03 0.15

DRT136D0 810.50 811.87 LDOM 1.34 428.51 1.54

DRT136D2 810.54 811.81 UDOM 1.24 378.74 0.73

DRT136D2 829.28 830.85 LDOM 1.53 655.62 0.56

DRT140D0 693.36 695.00 UDOM 1.6 1 079.31 0.92

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT140D0 702.76 703.76 LDOM 1 49.38 0.06

DRT140D1 693.08 694.72 UDOM 1.6 925.59 0.89

DRT140D1 702.62 703.62 LDOM 1 42.43 0.03

DRT140D2 693.15 694.79 UDOM 1.6 1 068.68 0.77

DRT140D2 702.93 703.93 LDOM 1 40.36 0.03

DRT143D0 896.64 898.80 UDOM 1.53 139.52 0.03

DRT143D1 896.39 897.39 UDOM 1 113.33 0.10

DRT143D1 896.46 897.46 LDOM 1 79.30 0.09

DRT143D1 896.49 897.49 LDOM 1 0.17 0.00

DRT143D1 896.66 897.66 LDOM 1 0.99 0.00

DRT143D1 896.80 897.80 LDOM 1 33.17 0.00

DRT143D1 897.44 898.44 UDOM 1 - -

DRT143D1 897.46 898.46 UDOM 1 - -

DRT143D1 897.49 898.49 UDOM 1 - -

DRT143D1 897.66 898.66 UDOM 1 - -

DRT143D1 897.67 898.67 LDOM 1 27.44 0.05

DRT143D2 896.00 897.41 UDOM 1 145.34 0.16

DRT146D0 895.49 897.10 UDOM 1.6 580.54 3.16

DRT146D0 907.77 908.78 LDOM 1 136.20 1.20

DRT149D0 597.98 599.66 UDOM 1.6 272.88 -

DRT149D0 610.37 612.05 LDOM 1.6 724.61 -

DRT149D1 598.36 600.04 UDOM 1.6 274.53 2.74

DRT149D1 611.35 613.03 LDOM 1.6 283.42 5.68

DRT149D2 598.42 600.10 UDOM 1.6 260.22 1.62

DRT149D2 612.02 613.02 LDOM 1 529.31 3.81

DRT151D0 1,013.08 1,014.68 UDOM 1.6 521.58 0.38

DRT151D0 1,024.17 1,025.77 LDOM 1.48 1 082.70 9.85

DRT151D1 1,012.34 1,013.94 UDOM 1.6 612.53 0.28

DRT151D1 1,024.01 1,025.61 LDOM 1.6 1 649.99 12.13

DRT151D2 1,012.38 1,013.98 UDOM 1.6 657.32 0.54

DRT151D2 1,024.14 1,025.74 LDOM 1.6 1 339.20 2.39

DRT151D3 1,013.72 1,015.32 UDOM 1.6 680.27 0.44

DRT151D3 1,025.77 1,027.46 LDOM 1.56 1 338.27 2.21

DRT153D0 445.28 446.73 UDOM 1.38 705.90 0.31

DRT153D1 445.49 447.17 UDOM 1.6 764.46 0.43

DRT153D1 447.40 448.40 LDOM 1 152.95 0.21

DRT163D0 665.15 666.15 UDOM 1 1 007.01 0.62

DRT163D0 673.48 674.48 LDOM 1 359.77 1.38

DRT163D1 664.54 665.88 UDOM 1.24 889.74 0.54

DRT163D1 673.19 674.19 LDOM 1 192.22 1.54

DRT163D2 664.77 666.00 UDOM 1.14 783.38 0.47

DRT163D2 673.10 674.10 LDOM 1 142.72 0.73

DRT164D0 799.09 800.28 UDOM 1.18 441.17 0.07

DRT164D0 817.30 818.31 LDOM 1 880.98 2.10

DRT164D1 798.53 799.83 UDOM 1.29 358.97 0.59

DRT164D1 816.77 817.78 LDOM 1 587.76 0.47

DRT164D2 798.54 799.64 UDOM 1.09 422.89 0.66

DRT164D2 816.95 817.96 LDOM 1 699.00 1.02

DRT166D0 620.34 621.51 LDOM 1.12 680.81 1.23

DRT166D1 618.40 619.40 LDOM 1 211.47 0.52

DRT168D0 479.30 480.55 UDOM 1.19 150.74 0.47

DRT168D0 481.16 482.16 LDOM 1 130.18 1.44

DRT168D1 486.60 488.28 LDOM 1.6 155.74 0.02

DRT168D2 477.95 479.63 UDOM 1.6 840.22 0.77

DRT168D2 491.53 493.21 LDOM 1.6 149.98 0.22

DRT168D3 477.70 479.38 UDOM 1.6 796.65 0.17

DRT168D3 491.81 493.49 LDOM 1.6 97.14 0.39

DRT169D0 469.51 471.15 UDOM 1.6 413.58 0.32

DRT169D0 484.87 486.27 LDOM 1.37 1 132.09 1.53

DRT169D1 469.54 471.18 UDOM 1.6 582.39 0.58

DRT169D1 484.81 486.45 LDOM 1.6 535.08 2.18

DRT170D0 490.82 492.50 LDOM 1.6 481.49 1.06

DRT170D1 487.08 488.76 LDOM 1.6 815.34 2.09

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT176D0 884.14 885.23 UDOM 1.06 656.33 1.70

DRT176D0 898.49 899.93 LDOM 1.41 467.92 1.80

DRT176D1 884.40 885.83 UDOM 1.4 743.13 0.54

DRT176D1 898.67 899.94 LDOM 1.24 525.73 0.18

DRT176D2 883.80 885.32 UDOM 1.48 622.46 0.89

DRT176D2 897.28 898.28 LDOM 1 514.11 0.31

DRT177D0 623.13 624.77 UDOM 1.6 374.73 0.37

DRT177D0 636.86 637.86 LDOM 1 416.07 0.05

DRT177D1 623.46 625.10 UDOM 1.6 453.07 0.56

DRT177D1 637.20 638.20 LDOM 1 283.09 0.42

DRT177D2 623.29 624.93 UDOM 1.6 397.98 0.45

DRT177D2 636.74 637.75 LDOM 1 295.52 0.34

DRT178D0 366.22 367.42 UDOM 1.19 321.51 0.67

DRT178D1 365.88 367.37 UDOM 1.48 386.90 0.55

DRT178D2 365.44 366.47 UDOM 1.02 286.84 0.57

DRT179D0 709.36 710.36 LDOM 1 977.49 0.19

DRT179D1 709.45 710.45 LDOM 1 927.23 1.20

DRT179D2 709.21 710.21 LDOM 1 519.61 0.35

DRT180D0 835.04 836.72 UDOM 1.6 1 415.52 2.07

DRT180D0 847.07 848.63 LDOM 1.49 866.92 3.07

DRT180D1 835.02 836.70 UDOM 1.6 887.85 1.02

DRT180D1 847.80 849.48 LDOM 1.6 1 346.33 8.01

DRT180D2 834.44 836.12 UDOM 1.6 662.57 2.75

DRT180D2 846.96 847.96 LDOM 1 863.90 7.57

DRT181D0 880.59 882.19 UDOM 1.56 161.33 0.07

DRT181D0 889.90 890.90 LDOM 1 37.25 0.35

DRT181D1 890.53 892.17 UDOM 1.6 158.81 0.12

DRT181D1 899.64 900.64 LDOM 1 73.37 0.05

DRT181D2 881.31 882.31 UDOM 1 565.26 1.62

DRT181D2 890.61 891.61 LDOM 1 100.79 0.12

DRT182D0 726.16 727.38 UDOM 1.16 545.44 0.66

DRT182D0 739.49 740.49 LDOM 1 579.65 0.04

DRT182D1 732.21 733.42 UDOM 1.15 546.11 0.58

DRT182D2 730.58 731.89 UDOM 1.25 482.17 1.29

DRT182D2 744.09 745.09 LDOM 1 299.89 0.29

DRT183D0 538.29 539.93 UDOM 1.6 628.27 0.30

DRT183D1 538.32 539.96 UDOM 1.6 610.04 0.40

DRT183D2 541.84 543.48 UDOM 1.6 661.93 2.86

DRT183D2 551.64 552.64 LDOM 1 24.29 0.08

DRT184D0 428.40 429.87 UDOM 1.46 1 320.72 3.51

DRT184D1 428.53 429.94 UDOM 1.4 1 469.93 3.88

DRT185D0 291.00 292.24 UDOM 1.21 571.60 0.21

DRT185D1 290.96 292.04 UDOM 1.05 139.68 0.13

DRT186D0 829.97 831.43 UDOM 1.45 325.33 0.20

DRT186D1 829.57 831.05 UDOM 1.47 246.46 0.19

DRT186D1 834.61 835.62 LDOM 1 92.90 0.16

DRT186D2 829.78 831.23 UDOM 1.44 342.95 0.50

DRT186D2 835.01 836.02 LDOM 1 200.00 0.10

DRT189D0 605.56 607.20 UDOM 1.6 486.39 0.26

DRT189D1 591.78 593.42 UDOM 1.6 392.86 0.25

DRT190D0 706.57 707.97 UDOM 1.24 123.19 0.08

DRT190D0 720.38 721.38 LDOM 1 133.60 0.85

DRT190D1 707.90 709.25 UDOM 1.2 1 302.39 2.53

DRT190D1 717.57 719.37 LDOM 1.6 446.31 0.41

DRT194D0 838.06 839.70 UDOM 1.6 311.44 0.06

DRT194D0 850.00 851.00 LDOM 1 152.81 0.10

DRT195D0 685.06 686.67 UDOM 1.6 1 271.04 1.46

DRT196D0 580.44 582.04 UDOM 1.6 375.97 0.57

DRT196D0 593.53 594.53 LDOM 1 143.37 0.29

DRT196D1 579.83 581.43 UDOM 1.6 463.20 0.81

DRT196D1 593.47 594.47 LDOM 1 50.42 0.05

DRT196D2 581.94 583.54 UDOM 1.6 800.22 3.12

DRT196D2 595.18 596.18 LDOM 1 29.64 0.02

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© Mineral Corporation Consultancy (Pty) Ltd Report No. C-SHU-CPR-1470-924, November 2014 A Competent Person’s Report on the Shiva Uranium Mine Mineral Resource Assets in the North West Province, Republic of South Africa

Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT197D0 957.18 958.82 UDOM 1.6 468.44 0.73

DRT197D1 957.09 958.73 UDOM 1.6 436.26 0.61

DRT197D1 973.39 975.03 LDOM 1.6 375.55 0.11

DRT197D2 956.83 958.47 UDOM 1.6 559.46 1.61

DRT197D2 973.76 975.40 LDOM 1.6 487.23 0.16

DRT198D0 964.15 965.39 UDOM 1.18 237.89 0.41

DRT198D0 980.19 981.61 LDOM 1.35 641.91 2.07

DRT198D1 964.77 965.91 UDOM 1.09 245.98 0.42

DRT198D1 978.84 980.52 LDOM 1.6 222.87 0.23

DRT198D2 965.00 966.21 UDOM 1.15 300.43 0.55

DRT198D2 979.82 981.50 LDOM 1.6 225.37 0.13

DRT199D0 929.38 930.98 UDOM 1.6 290.46 0.17

DRT199D0 934.83 936.43 LDOM 1.6 450.45 0.02

DRT199D1 929.61 931.21 UDOM 1.6 351.61 0.27

DRT199D1 935.08 936.68 LDOM 1.6 496.39 0.38

DRT199D2 929.00 930.60 UDOM 1.6 437.21 0.38

DRT199D2 936.84 938.25 LDOM 1 1 197.38 4.35

DRT200D0 783.46 785.07 UDOM 1.6 582.60 2.91

DRT200D1 782.59 784.20 UDOM 1.6 432.33 0.60

DRT200D1 790.12 791.13 LDOM 1 136.47 0.32

DRT200D2 783.14 784.75 UDOM 1.6 587.76 3.97

DRT200D2 790.37 791.38 LDOM 1 206.84 0.82

DRT201D0 813.05 814.60 UDOM 1.55 565.94 1.82

DRT201D0 820.01 821.01 LDOM 1 251.80 0.61

DRT201D1 813.21 814.81 UDOM 1.6 569.16 1.05

DRT201D1 820.04 821.04 LDOM 1 280.20 0.52

DRT201D2 813.38 814.84 UDOM 1.46 581.21 4.10

DRT202D0 1,130.44 1,132.24 UDOM 1.6 561.29 2.05

DRT202D1 1,130.35 1,132.15 UDOM 1.6 - 1.04

DRT202D2 1,130.09 1,131.89 UDOM 1.6 - 0.83

DRT202D3 1,129.82 1,131.62 UDOM 1.6 - 0.78

DRT203D0 1,132.26 1,133.90 UDOM 1.6 179.33 0.02

DRT203D0 1,156.55 1,158.19 LDOM 1.6 297.92 0.03

DRT203D1 1,138.09 1,139.18 UDOM 1.06 307.80 1.04

DRT203D1 1,162.02 1,163.04 LDOM 1 108.28 0.24

DRT203D2 1,138.06 1,139.08 UDOM 1 68.21 0.11

DRT203D2 1,156.23 1,157.87 LDOM 1.6 198.61 0.19

DRT204D0 866.99 868.60 UDOM 1.6 461.90 0.29

DRT204D1 865.35 866.96 UDOM 1.6 696.29 3.35

DRT204D1 872.15 873.16 LDOM 1 76.68 0.31

DRT205D0 798.29 799.90 UDOM 1.6 398.94 0.21

DRT205D1 796.12 797.73 UDOM 1.6 168.92 0.58

DRT205D2 797.70 799.13 UDOM 1.42 185.59 0.92

DRT213AD0 70.05 71.05 UDOM 1 1 377.95 0.62

DRT218D0 751.61 753.24 UDOM 1.51 339.28 4.06

DRT218D0 764.94 766.67 LDOM 1.6 748.04 1.20

DRT218D1 751.65 753.18 UDOM 1.41 337.44 1.98

DRT218D1 765.21 766.94 LDOM 1.6 846.10 2.59

DRT219D0 451.81 453.42 UDOM 1.6 334.59 0.19

DRT219D1 451.68 453.29 UDOM 1.6 327.30 0.21

DRT219D1 456.34 457.35 LDOM 1 22.31 0.34

DRT220D0 427.67 428.68 UDOM 1 422.40 1.61

DRT220D1 426.74 427.90 UDOM 1.15 523.46 0.19

DRT225D0 1,189.32 1,190.82 UDOM 1.49 697.43 0.71

DRT225D0 1,197.87 1,198.88 LDOM 1 206.58 0.14

DRT225D1 1,189.06 1,190.47 UDOM 1.4 437.69 0.41

DRT225D1 1,196.73 1,198.34 LDOM 1.6 277.17 0.27

DRT225D3 1,189.38 1,190.66 UDOM 1.27 529.69 0.64

DRT225D3 1,198.05 1,199.06 LDOM 1 337.94 0.25

DRT225D4 1,189.62 1,190.62 UDOM 1 484.98 1.28

DRT225D4 1,197.90 1,198.91 LDOM 1 262.05 0.53

DRT226D0 1,206.82 1,208.18 UDOM 1.36 710.46 1.06

DRT226D0 1,228.28 1,229.88 LDOM 1.6 1 389.20 0.96

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

DRT227D0 1,099.96 1,101.53 UDOM 1.56 1 187.55 4.05

DRT227D0 1,106.05 1,107.66 LDOM 1.6 275.40 0.08

DRT227D1 1,100.38 1,101.73 UDOM 1.34 635.91 1.64

DRT227D1 1,107.06 1,108.67 LDOM 1.6 315.05 0.10

DRT227D3 1,096.56 1,098.17 UDOM 1.6 - -

DRT227D3 1,107.09 1,108.70 LDOM 1.6 - -

DRT246D0 821.87 823.05 UDOM 1.15 338.40 0.21

DRT246D0 840.18 841.18 LDOM 1 188.05 0.61

DRT246D1 821.48 822.62 UDOM 1.11 156.74 0.13

DRT246D1 838.70 839.70 LDOM 1 155.28 0.97

DRT246D2 820.07 821.71 UDOM 1.6 81.49 0.02

DRT246D2 839.74 840.74 LDOM 1 93.32 0.66

DRT247D0 545.26 546.37 UDOM 1.08 262.81 1.65

DRT247D1 545.35 546.42 UDOM 1.04 361.85 0.56

DRT250D0 319.12 320.61 UDOM 1.45 609.76 1.12

DRT250D1 319.16 320.61 UDOM 1.42 617.61 1.83

DRT251D0 688.09 689.59 UDOM 1.49 764.61 2.09

DRT251D0 691.94 692.95 LDOM 1 93.20 0.20

DRT251D1 688.07 689.68 UDOM 1.6 633.43 1.28

DRT251D1 691.98 692.99 LDOM 1 117.63 0.15

DRT251D2 687.80 689.41 UDOM 1.6 640.01 1.57

DRT251D2 692.08 693.40 LDOM 1.31 39.03 0.03

DRT252D0 812.71 814.31 UDOM 1.6 615.30 0.26

DRT252D0 818.79 819.79 LDOM 1 35.33 0.11

DRT252D1 813.27 814.87 UDOM 1.6 648.99 0.73

DRT252D1 818.48 819.48 LDOM 1 137.63 0.19

DRT252D2 813.31 814.91 UDOM 1.6 588.63 0.35

DRT252D2 818.80 819.80 LDOM 1 44.64 0.05

DRT253D0 956.99 958.53 UDOM 1.53 314.55 0.04

DRT253D0 963.87 965.48 LDOM 1.6 - -

DRT253D1 956.92 958.26 UDOM 1.33 356.27 0.05

DRT253D1 967.83 968.84 LDOM 1 31.62 0.02

DRT253D2 957.13 958.34 UDOM 1.2 173.88 0.02

DRT253D2 968.03 969.04 LDOM 1 32.66 0.02

DRT255D0 913.22 914.22 LDOM 1 44.00 0.02

DRT256D0 851.60 853.24 UDOM 1.6 75.37 0.16

DRT256D0 869.51 870.51 LDOM 1 1 031.91 0.95

DRT256D1 852.97 854.61 UDOM 1.6 461.68 0.35

DRT256D1 869.36 870.36 LDOM 1 631.40 0.88

DRT256D2 853.46 855.10 UDOM 1.6 776.22 0.19

DRT256D2 870.66 871.66 LDOM 1 911.57 3.91

DRT257D0 1,030.18 1,031.78 UDOM 1.6 149.09 0.02

DRT257D0 1,039.40 1,040.40 LDOM 1 76.03 0.01

MC001D0 106.93 108.54 LDOM 1.36 146.29 0.97

MC006D0 242.99 244.70 LDOM 1.21 298.45 0.76

MC006D1 242.95 244.37 LDOM 1 143.90 0.08

MC007D0 193.73 195.99 LDOM 1.6 562.02 1.74

MC008D0 56.47 58.07 LDOM 1.6 205.03 0.25

MC017D0 107.30 109.10 UDOM 1.6 465.67 0.23

MC017D0 109.14 110.43 LDOM 1.14 80.14 0.32

MC021D0 127.62 129.26 UDOM 1.38 551.09 0.60

MC021D0 128.47 129.47 LDOM 1 53.70 0.37

MC021D0 128.50 129.50 LDOM 1 6.30 0.04

MC021D0 128.66 129.66 LDOM 1 6.88 0.09

MC021D0 128.81 129.81 LDOM 1 6.60 0.09

MC021D0 129.26 130.26 UDOM 1 - -

MC021D0 129.40 130.40 LDOM 1 17.40 0.29

MC021D0 129.47 130.47 UDOM 1 - -

MC021D0 129.50 130.50 UDOM 1 - -

MC021D0 129.66 130.66 UDOM 1 - -

OOR001D0 4.87 6.51 UDOM 1.6 265.90 0.31

OOR001D0 25.28 26.34 LDOM 1.03 121.25 0.78

OOR002D0 18.24 19.88 UDOM 1.6 489.48 0.35

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

OOR002D0 38.74 39.74 LDOM 1 136.57 0.54

OOR003D0 10.59 12.23 UDOM 1.6 416.42 0.84

OOR003D0 33.22 34.22 LDOM 1 660.55 1.64

OOR004D0 6.76 7.95 UDOM 1.16 246.54 0.11

OOR004D0 32.40 33.40 LDOM 1 200.40 3.78

OOR005D0 7.80 9.14 UDOM 1.31 165.54 0.38

OOR005D0 32.41 34.05 LDOM 1.6 273.58 0.37

OOR006D0 6.15 7.79 UDOM 1.6 312.53 0.43

OOR006D0 29.43 30.57 LDOM 1.11 136.20 0.28

OOR007D0 42.89 44.53 UDOM 1.6 293.18 0.36

OOR007D0 64.06 65.06 LDOM 1 667.47 0.43

OOR008D0 66.21 67.21 LDOM 1 5.39 0.21

OOR010D0 117.33 118.86 UDOM 1.46 286.04 0.20

OOR010D0 144.06 145.06 LDOM 1 42.99 0.06

OOR010D1 117.46 118.96 UDOM 1.43 251.82 0.31

OOR010D1 144.42 145.42 LDOM 1 33.85 0.08

OOR011D0 50.04 51.09 LDOM 1 229.81 1.24

OOR012D0 26.93 28.61 UDOM 1.6 - -

OOR012D0 43.86 45.54 LDOM 1.6 - -

OOR013D0 17.95 19.58 UDOM 1.55 217.42 0.56

OOR013D0 40.14 41.19 LDOM 1 - 0.39

OOR014D0 26.72 28.40 UDOM 1.6 202.29 0.22

OOR014D0 57.88 58.93 LDOM 1 18.48 0.37

OOR015D0 37.37 39.05 UDOM 1.6 404.41 0.07

OOR016D0 37.27 38.67 UDOM 1.29 202.21 0.08

OOR018D0 27.00 28.65 UDOM 1.52 - -

OOR018D0 49.14 50.87 LDOM 1.6 - -

OOR019D0 30.21 31.39 UDOM 1.09 64.78 0.11

OOR019D0 33.08 34.08 LDOM 1 34.78 0.12

OOR025D0 218.51 220.24 LDOM 1.6 468.57 2.81

OOR025D1 220.03 221.76 LDOM 1.6 415.70 3.95

OOR026D0 155.84 157.44 UDOM 1.6 215.61 0.41

OOR026D0 174.92 175.92 LDOM 1 446.73 0.70

OOR026D1 155.56 157.24 UDOM 1.6 248.13 0.47

OOR026D1 174.65 175.65 LDOM 1 417.29 0.66

OOR027D1 151.95 152.95 LDOM 1 58.19 0.01

OOR028D0 128.30 129.98 UDOM 1.6 563.12 0.41

OOR028D0 151.93 152.93 LDOM 1 54.19 0.06

OOR028D1 129.15 130.83 UDOM 1.6 435.32 0.72

OOR028D1 152.45 153.45 LDOM 1 28.34 0.02

OOR029D0 200.48 202.16 UDOM 1.6 378.56 0.56

OOR029D0 244.50 245.50 LDOM 1 126.94 0.15

OOR029D1 200.58 201.71 UDOM 1.08 253.25 0.35

OOR029D1 242.70 244.03 LDOM 1.27 150.40 1.19

OOR030D0 161.56 163.24 UDOM 1.6 439.93 0.21

OOR030D0 185.29 186.97 LDOM 1.6 177.53 0.39

OOR030D1 157.68 159.36 UDOM 1.6 461.45 0.40

OOR031D0 134.67 136.35 UDOM 1.6 636.49 0.82

OOR031D0 155.89 157.57 LDOM 1.6 819.68 -

OOR031D1 134.28 135.96 UDOM 1.6 426.48 0.09

OOR031D1 156.69 158.37 LDOM 1.6 341.69 0.08

OOR032D0 79.88 81.50 UDOM 1.58 304.08 0.07

OOR032D0 98.34 99.34 LDOM 1 41.03 0.10

OOR033D0 159.31 160.99 UDOM 1.6 211.32 0.49

OOR033D1 159.36 161.04 UDOM 1.6 222.06 0.50

OOR033D1 185.81 187.49 LDOM 1.6 141.78 0.53

OOR034D1 201.78 203.46 UDOM 1.6 257.19 0.54

OOR034D1 223.15 224.83 LDOM 1.6 535.55 0.58

OOR035D0 247.11 248.79 UDOM 1.6 872.74 0.42

OOR035D0 273.67 275.35 LDOM 1.6 220.13 0.08

OOR035D1 246.93 248.61 UDOM 1.6 889.92 2.05

OOR035D1 273.84 275.52 LDOM 1.6 239.48 0.18

OOR036D0 198.68 200.13 UDOM 1.38 935.51 0.49

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

OOR036D0 225.88 226.88 LDOM 1 88.07 0.11

OOR036D1 198.66 200.02 UDOM 1.3 667.06 0.60

OOR036D1 226.15 227.15 LDOM 1 55.91 0.80

OOR037D0 215.28 216.96 UDOM 1.6 843.44 0.43

OOR037D0 238.62 239.90 LDOM 1.22 101.64 0.09

OOR037D1 215.45 217.11 UDOM 1.58 486.15 0.32

OOR037D1 237.37 239.05 LDOM 1.6 115.72 0.19

OOR038D0 213.84 215.52 UDOM 1.6 662.55 0.86

OOR038D0 230.19 231.87 LDOM 1.6 384.29 0.21

OOR038D1 213.76 215.36 UDOM 1.6 493.18 0.81

OOR038D1 230.69 232.37 LDOM 1.6 259.09 0.28

OOR039D0 234.07 235.75 UDOM 1.6 532.12 0.38

OOR039D1 234.08 235.76 UDOM 1.6 483.16 0.33

OOR039D1 250.34 251.34 LDOM 1 145.30 0.02

OOR040D0 254.44 256.17 UDOM 1.6 343.51 0.84

OOR040D0 275.21 276.21 LDOM 1 176.10 0.24

OOR040D1 254.65 256.38 UDOM 1.6 300.42 0.58

OOR040D1 275.19 276.19 LDOM 1 205.01 0.31

OOR041D0 293.27 295.00 UDOM 1.6 144.54 1.77

OOR041D0 312.67 314.40 LDOM 1.6 488.36 0.73

OOR047AD0 331.64 333.25 UDOM 1.6 755.14 0.88

OOR047AD0 359.05 360.66 LDOM 1.6 189.97 0.53

OOR050D0 284.08 285.69 UDOM 1.6 595.42 0.73

OOR050D1 296.30 297.31 LDOM 1 16.69 0.13

RDP020D0 15.23 16.23 UDOM 1 - -

RDP022D0 15.36 16.36 UDOM 1 1 870.10 -

RDP023D0 13.12 14.12 UDOM 1 - -

RDP024D0 13.44 14.44 UDOM 1 256.58 -

RDP027D0 48.23 49.36 UDOM 1 - -

RDP035D0 49.23 50.36 UDOM 1 10 000.00 -

REN005D0 101.59 102.60 LDOM 1 113.75 -

REN007D0 130.76 132.37 UDOM 1.6 434.41 0.27

REN007D0 144.59 146.20 LDOM 1.6 45.10 0.31

REN008D0 195.31 196.99 UDOM 1.6 838.93 0.54

REN008D0 201.06 202.06 LDOM 1 107.95 0.26

REN008D1 195.22 196.61 UDOM 1.33 512.96 0.10

REN008D1 200.78 201.78 LDOM 1 288.25 0.24

REN009D0 217.51 218.51 LDOM 1 - 0.30

REN010D0 279.45 280.78 UDOM 1.3 222.33 0.09

REN010D0 289.45 291.09 LDOM 1.6 59.16 0.13

REN010D1 279.61 280.95 UDOM 1.31 - -

REN010D1 291.75 292.75 LDOM 1 - -

REN011D0 475.76 477.12 UDOM 1.3 349.90 0.38

REN011D0 479.35 480.35 LDOM 1 199.00 0.86

REN011D1 491.86 492.86 LDOM 1 - -

REN014D0 105.80 107.53 UDOM 1.6 261.82 0.39

REN014D0 119.70 120.70 LDOM 1 166.82 0.17

REN015D0 99.11 100.84 UDOM 1.6 360.64 0.10

REN015D0 113.60 115.33 LDOM 1.6 212.94 0.24

REN016D0 113.61 115.21 UDOM 1.6 234.62 0.21

REN016D0 129.20 130.93 LDOM 1.6 403.45 0.23

REN018D0 174.25 175.98 UDOM 1.6 - -

REN018D0 187.67 189.40 LDOM 1.6 - -

REN019D0 221.13 222.13 LDOM 1 32.20 0.43

REN020D0 238.56 240.23 LDOM 1.54 - -

REN020D1 238.04 239.77 LDOM 1.6 283.60 0.33

REN022D0 154.67 156.28 LDOM 1.6 - -

REN026D1 294.33 295.93 UDOM 1.6 325.45 0.22

REN026D1 310.37 312.07 LDOM 1.57 838.42 0.43

RKC0001D0 23.00 24.19 UDOM 1 1 876.56 -

RKC0018D0 41.58 42.58 UDOM 1 610.79 -

RKC0020D0 42.66 43.79 UDOM 1 1 866.46 -

RKP0004D0 11.41 12.60 UDOM 1 3 270.67 -

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Borehole ID From

(m)

To

(m) Reef code

Thick

(m)

MGTU

(mg/t)

MGTAU

(mg/t)

RKP0011D0 26.85 27.98 UDOM 1 2 905.56 9.85

RKP0012D0 25.05 26.05 UDOM 1 670.10 -

RKP0017D0 10.18 11.37 LDOM 1 160.47 -

RKP0017D0 30.67 31.86 UDOM 1 1 475.56 -

RKP0021D0 6.83 7.83 UDOM 1 661.16 0.77

RKP0031D0 4.40 6.13 UDOM 1.6 586.52 -

RKP0032D0 10.53 12.26 UDOM 1.6 634.80 -

RKP0044D0 42.97 44.16 UDOM 1 826.78 -

RKP0047D0 24.07 25.20 LDOM 1 4 884.14 -

RKP0047D0 39.41 40.70 UDOM 1.14 1 926.68 -

RKP0054D0 43.79 44.92 UDOM 1 1 850.38 -

RKP0055D0 26.97 28.16 UDOM 1 769.57 -

RKP0070D0 28.75 29.94 UDOM 1 2 416.64 2.10

RKP0071D0 20.58 22.18 UDOM 1.6 3 146.91 2.16

RKP0073D0 21.08 22.27 LDOM 1 2 242.85 0.66

RKP0073D0 54.43 55.62 UDOM 1 2 188.21 0.52

RKP0076D0 44.36 45.49 UDOM 1 1 134.10 -

RKP0078D0 41.07 42.87 UDOM 1.6 807.25 0.30

RKP0081D0 34.55 35.74 UDOM 1 1 919.72 0.57

RKP0085D0 30.73 31.86 UDOM 1 1 159.05 0.23

RKP0088D0 29.27 30.46 UDOM 1 3 158.51 0.32

RKP0089D0 20.42 21.55 UDOM 1 1 774.77 1.32

RS2P18D0 36.20 37.33 UDOM 1 278.71 2.31

RS2P19D0 44.10 45.23 UDOM 1 1 735.33 11.28

RS2P20D0 21.17 22.30 LDOM 1 24.00 0.04

RS2P21D0 51.50 52.63 UDOM 1 780.57 0.64

RS2P23D0 29.97 31.10 UDOM 1 4 940.00 3.08

RS2P26D0 36.44 37.57 UDOM 1 357.31 2.35

RS2P27D0 31.07 32.20 UDOM 1 2 276.47 4.15

RS2P28D0 33.20 34.33 UDOM 1 1 785.92 3.27

RS2P30D0 46.71 47.84 UDOM 1 778.40 0.27

RS2P4D0 26.11 27.30 LDOM 1 2 710.00 0.04

RS2P4D0 39.10 40.29 UDOM 1 1 007.00 1.20

RS2P7D0 7.75 8.94 UDOM 1 315.00 0.28

RS2P8D0 8.52 9.71 UDOM 1 314.00 0.32

RS4P1D0 22.90 24.03 UDOM 1 232.00 0.04

RS5C1D0 51.50 53.23 UDOM 1.6 1 022.40 1.79

TRX001D0 159.16 160.83 UDOM 1.41 437.71 0.22

TRX001D0 163.26 164.26 LDOM 1 13.24 0.03

TRX002D0 369.89 371.49 UDOM 1.6 260.96 0.10

TRX003D0 386.87 388.67 UDOM 1.6 1 363.02 1.41

TRX003D0 402.98 404.64 LDOM 1.47 1 293.28 0.24

TRX003D1 386.93 388.73 UDOM 1.6 1 186.67 1.50

TRX003D1 403.52 404.52 LDOM 1 613.83 0.98

TRX004D0 301.14 302.94 UDOM 1.6 690.24 1.38

TRX005D0 224.09 225.82 UDOM 1.46 2 335.10 2.56

TRX005D0 240.18 241.18 LDOM 1 1 090.63 0.14

TRX006D0 222.13 223.53 UDOM 1.24 765.71 1.90

TRX006D0 239.18 240.18 LDOM 1 74.84 0.04

TRX006D1 222.17 223.60 UDOM 1.27 871.65 3.97

TRX006D1 238.94 239.94 LDOM 1 134.91 0.01

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Appendix 7: Borehole data used for the valuation of Mineral Resources in the Gold Section

Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

WR148 -52128.6 -2973717 1424.917 UQ 0.36 1.06

BH1878 -52101 -2973508 1416.371 UQ 0.15 0.60

BH1883 -52110 -2973511 1416.697 UQ 0.16 0.78

BH1877 -52106 -2973510 1408.55 MQ 1.75 0.80

WR122 -52120.1 -2973455 1414.712 UQ 0.21 1.09

WR122 -52120.1 -2973455 1414.712 UQ 0.20 1.09

WR122 -52120.1 -2973455 1414.713 UQ 0.17 1.09

WR122 -52120.1 -2973455 1406.713 MQ 0.18 0.96

WR122 -52120.1 -2973455 1406.713 MQ 0.12 0.96

WR122 -52120.1 -2973455 1406.713 MQ 0.11 0.96

WR127 -52140.1 -2973435 1416.297 UQ 0.33 1.08

WR127 -52140.1 -2973435 1416.297 UQ 0.22 1.08

WR125 -52140 -2973475 1416.832 UQ 0.25 0.98

WR125 -52140 -2973475 1416.832 UQ 0.23 0.98

WR125 -52140 -2973475 1416.832 UQ 0.22 0.98

WR125 -52140 -2973475 1416.832 UQ 0.16 0.98

WR125 -52140 -2973475 1416.832 UQ 0.13 0.98

BH1881 -52121 -2973515 1417.194 UQ 0.51 0.57

BH1880 -52125 -2973516 1409.361 MQ 0.20 0.60

BH1880 -52125 -2973516 1417.361 UQ 0.17 0.60

WR129 -52160.1 -2973495 1410.869 MQ 0.48 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.29 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.24 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.16 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.16 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.14 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.12 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.12 0.97

WR129 -52160.1 -2973495 1410.869 MQ 0.12 0.97

WR128 -52160.1 -2973515 1419.146 UQ 0.26 0.83

WR128 -52160.1 -2973515 1419.146 UQ 0.17 0.83

WR128 -52160.1 -2973515 1419.146 UQ 0.13 0.83

WR128 -52160.1 -2973515 1411.146 MQ 0.33 0.98

WR128 -52160.1 -2973515 1411.146 MQ 0.30 0.98

WR128 -52160.1 -2973515 1411.146 MQ 0.21 0.98

WR128 -52160.1 -2973515 1411.146 MQ 0.18 0.98

WR115 -52080 -2973435 1412.139 UQ 1.35 1.01

WR115 -52080 -2973435 1412.139 UQ 1.23 1.01

WR115 -52080 -2973435 1412.139 UQ 0.81 1.01

WR115 -52080 -2973435 1412.139 UQ 0.10 1.01

WR113 -52080 -2973455 1413.031 UQ 0.42 1.07

WR113 -52080 -2973455 1413.031 UQ 0.14 1.07

WR113 -52080 -2973455 1413.031 UQ 0.09 1.07

WR113 -52080 -2973455 1413.031 UQ 0.08 1.07

WR112 -52060 -2973455 1404.654 MQ 0.67 1.01

WR112 -52060 -2973455 1404.654 MQ 0.39 1.01

WR112 -52060 -2973455 1404.654 MQ 0.26 1.01

WR112 -52060 -2973455 1404.654 MQ 0.18 1.01

WR119 -52100.1 -2973435 1412.994 UQ 0.30 1.04

WR119 -52100.1 -2973435 1412.994 UQ 0.28 1.04

WR119 -52100.1 -2973435 1412.994 UQ 0.22 1.04

WR123 -52120.1 -2973435 1413.911 UQ 0.17 1.19

WR123 -52120.1 -2973435 1413.911 UQ 0.12 1.19

WR114 -52064.2 -2973426 1403.241 MQ 0.23 1.13

WR114 -52064.2 -2973426 1403.241 MQ 0.18 1.13

WR114 -52064.2 -2973426 1403.241 MQ 0.15 1.13

MDP011 -51792.5 -2973302 1404.469 UQ 0.06 1.08

MDP011 -51792.5 -2973302 1404.469 UQ 0.06 1.08

MDP011 -51792.5 -2973302 1404.469 UQ 0.05 1.08

MDP011 -51792.5 -2973302 1404.469 UQ 0.02 1.08

MDP012 -51734 -2973096 1383.325 UQ 0.09 0.35

MDP012 -51734 -2973096 1382.325 MQ 0.11 1.02

MDP012 -51734 -2973096 1382.325 MQ 0.06 1.02

MDP012 -51734 -2973096 1382.325 MQ 0.05 1.02

MDP012 -51734 -2973096 1382.325 MQ 0.05 1.02

MDP020 -51633.8 -2972991 1359.675 UQ 0.09 1.03

MDP020 -51633.8 -2972991 1359.675 UQ 0.04 1.03

MDP020 -51633.8 -2972991 1359.675 UQ 0.03 1.03

MDP020 -51633.8 -2972991 1359.675 UQ 0.03 1.03

MDP020 -51633.8 -2972991 1359.675 UQ 0.02 1.03

GB219 -50566.3 -2972711 1316.968 LQ 0.47 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.41 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB219 -50566.3 -2972711 1316.968 LQ 0.39 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.38 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.36 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.35 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.33 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.32 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.31 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.30 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.28 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.28 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.28 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.26 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.21 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.16 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.16 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.12 1.00

GB219 -50566.3 -2972711 1316.968 LQ 0.12 1.00

WR001 -50867.2 -2972882 1340.819 UQ 0.40 1.04

WR001 -50867.2 -2972882 1340.819 UQ 0.23 1.04

WR001 -50867.2 -2972882 1340.819 UQ 0.16 1.04

GB224 -50798 -2972672 1355.757 LQ 0.35 0.91

GB224 -50798 -2972672 1357.577 LQ 0.30 0.91

GB224 -50798 -2972672 1356.667 LQ 0.22 0.91

GB223 -50749 -2972682 1332.446 UQ 0.51 0.87

GB223 -50749 -2972682 1332.446 UQ 0.20 0.87

GB223 -50749 -2972682 1332.446 UQ 0.13 0.87

GB223 -50749 -2972682 1343.776 MQ 0.47 0.95

GB223 -50749 -2972682 1342.827 MQ 0.43 0.95

GB223 -50749 -2972682 1344.724 MQ 0.28 0.95

GB223 -50749 -2972682 1340.931 MQ 0.24 0.95

GB223 -50749 -2972682 1341.879 MQ 0.23 0.95

GB221 -50650 -2972703 1365.527 MQ 0.32 1.01

GB221 -50650 -2972703 1360.471 MQ 0.27 1.01

GB221 -50650 -2972703 1361.482 MQ 0.23 1.01

GB221 -50650 -2972703 1368.561 MQ 0.20 1.01

GB221 -50650 -2972703 1369.573 MQ 0.20 1.01

GB221 -50650 -2972703 1363.505 MQ 0.18 1.01

GB221 -50650 -2972703 1364.516 MQ 0.17 1.01

GB221 -50650 -2972703 1367.55 MQ 0.17 1.01

GB221 -50650 -2972703 1370.584 MQ 0.14 1.01

GB221 -50650 -2972703 1366.539 MQ 0.14 1.01

GB221 -50650 -2972703 1371.595 MQ 0.12 1.01

GB221 -50650 -2972703 1372.607 MQ 0.12 1.01

GB221 -50650 -2972703 1373.618 MQ 0.12 1.01

GB221 -50650 -2972703 1374.629 MQ 0.12 1.01

GB221 -50650 -2972703 1362.493 MQ 0.11 1.01

GB221 -50650 -2972703 1354.098 LQ 0.33 1.01

GB221 -50650 -2972703 1358.147 LQ 0.31 1.01

GB221 -50650 -2972703 1357.134 LQ 0.29 1.01

GB221 -50650 -2972703 1353.086 LQ 0.27 1.01

GB221 -50650 -2972703 1356.122 LQ 0.26 1.01

GB221 -50650 -2972703 1352.073 LQ 0.24 1.01

GB221 -50650 -2972703 1355.11 LQ 0.20 1.01

GB221 -50650 -2972703 1359.159 LQ 0.14 1.01

GB226 -50899.2 -2972653 1336.897 UQ 0.33 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.23 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.21 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.20 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.20 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.19 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.17 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.14 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.12 1.05

GB226 -50899.2 -2972653 1336.897 UQ 0.11 1.05

GB225 -50847.1 -2972663 1346.475 UQ 0.18 0.91

GB225 -50847.1 -2972663 1346.475 UQ 0.14 0.91

GB225 -50847.1 -2972663 1346.475 UQ 0.13 0.91

GB225 -50847.1 -2972663 1346.475 UQ 0.13 0.91

GB225 -50847.1 -2972663 1346.475 UQ 0.13 0.91

MDP025 -50315.3 -2971702 1269.617 UQ 0.13 1.49

MDP025 -50316.6 -2971700 1262.894 MQ 0.20 0.97

MDP025 -50315.9 -2971701 1262.228 MQ 0.10 0.97

MDP025 -50316.2 -2971700 1262.45 MQ 0.05 0.97

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP025 -50316.4 -2971700 1262.672 MQ 0.02 0.97

MDP025 -50317 -2971699 1253.234 LQ 1.47 0.95

MDP023 -50445.5 -2971815 1301.646 UQ 0.42 1.11

MDP023 -50445.8 -2971814 1302.164 UQ 0.10 1.11

MDP023 -50446.2 -2971814 1294.883 MQ 0.27 0.86

MDP023 -50446.5 -2971814 1295.281 MQ 0.12 0.86

MDP023 -50447.2 -2971813 1286.569 LQ 0.03 0.96

MDP026 -50275.7 -2971584 1281.705 UQ 0.34 0.90

MDP026 -50275.3 -2971584 1281.528 UQ 0.29 0.90

MDP026 -50276 -2971584 1281.883 UQ 0.10 0.90

GB064 -49866.8 -2972124 1342.316 MQ 3.90 0.84

MDP004D1 -49944 -2971789 1196.746 UQ 0.78 1.10

MDP004 -49943 -2971789 1196.804 UQ 0.62 0.93

MDP004 -49943 -2971789 1196.804 UQ 0.36 0.93

MDP004 -49943 -2971789 1196.804 UQ 0.30 0.93

MDP004 -49943 -2971789 1196.804 UQ 0.28 0.93

MDP004D1 -49944 -2971789 1196.746 UQ 0.23 1.10

MDP004 -49943 -2971789 1196.804 UQ 0.18 0.93

MDP004D1 -49944 -2971789 1196.746 UQ 0.16 1.10

MDP004D1 -49944 -2971789 1196.746 UQ 0.08 1.10

MDP004 -49943 -2971789 1150.804 MZQ 0.05 1.00

MDP004D1 -49944 -2971789 1150.746 MZQ 0.04 1.02

MDP004 -49943 -2971789 1193.804 MQ 1.22 0.96

MDP004 -49943 -2971789 1193.804 MQ 0.41 0.96

MDP004D1 -49944 -2971789 1193.746 MQ 0.39 0.92

MDP004 -49943 -2971789 1193.804 MQ 0.31 0.96

MDP004 -49943 -2971789 1193.804 MQ 0.22 0.96

MDP004 -49943 -2971789 1193.804 MQ 0.21 0.96

MDP004D1 -49944 -2971789 1193.746 MQ 0.04 0.92

MDP004D1 -49944 -2971789 1193.746 MQ 0.03 0.92

MDP004D1 -49944 -2971789 1193.746 MQ 0.03 0.92

MDP004D1 -49944 -2971789 1193.746 MQ 0.03 0.92

MDP004D1 -49944 -2971789 1181.746 LQ 0.45 1.05

MDP004 -49943 -2971789 1181.804 LQ 0.31 1.03

MDP004 -49943 -2971789 1181.804 LQ 0.16 1.03

MDP004D1 -49944 -2971789 1181.746 LQ 0.03 1.05

BH68 -49647 -2971979 1373.48 UQ 0.21 1.00

BH67 -49645 -2971980 1374.493 UQ 0.56 0.79

BH66 -49644 -2971982 1374.7 MQ 0.58 0.90

BH65 -49642 -2971983 1375.712 MQ 0.46 1.00

BH64 -49640 -2971985 1358.192 LQ 0.33 1.00

BH64 -49640 -2971985 1377.192 MQ 0.36 0.77

BH63 -49639 -2971986 1358.932 LQ 0.31 1.00

BH63 -49639 -2971986 1358.932 LQ 0.21 1.00

BH63 -49639 -2971986 1377.932 MQ 0.63 0.60

BH62 -49637 -2971989 1360.879 LQ 0.40 1.00

BH613 -49686.5 -2971959 1353.373 UQ 0.52 1.00

BH612 -49687.3 -2971960 1353.603 UQ 0.35 1.00

BH477 -49654.4 -2971935 1350.908 UQ 4.42 0.52

BH475 -49659.1 -2971938 1351.034 UQ 0.94 0.55

BH470 -49668.4 -2971946 1352.231 UQ 0.37 0.60

BH469 -49670.8 -2971947 1352.045 UQ 1.56 0.80

BH465 -49686 -2971961 1353.43 MQ 2.38 0.54

BH464 -49687.5 -2971962 1353.501 MQ 0.73 0.80

BH463 -49689.3 -2971964 1354.935 UQ 0.49 0.60

BH462 -49692.4 -2971965 1354.561 UQ 0.70 0.93

BH460 -49698.2 -2971970 1355.296 UQ 0.90 0.80

BH1408 -49679 -2971964 1357.741 UQ 1.52 0.58

BH133 -49653 -2971972 1368.574 UQ 0.32 0.68

BH133 -49653 -2971972 1368.574 UQ 0.42 1.00

BH1325 -49686.5 -2971959 1353.373 UQ 0.52 1.00

BH1324 -49687.3 -2971960 1353.603 UQ 0.35 1.00

BH132 -49652 -2971974 1369.781 UQ 0.42 1.00

BH132 -49652 -2971974 1369.781 UQ 0.25 1.00

BH131 -49651 -2971975 1370.521 UQ 0.30 1.00

BH131 -49651 -2971975 1370.521 UQ 0.59 1.00

BH1307 -49663.6 -2971960 1360.078 UQ 0.25 1.00

BH1306 -49666.1 -2971953 1356.127 UQ 0.78 0.80

BH130 -49649 -2971977 1372 UQ 0.17 1.00

BH130 -49649 -2971977 1372 UQ 0.41 1.00

BH1293 -49755.5 -2972016 1361.137 UQ 0.95 0.60

BH129 -49647 -2971978 1373.013 UQ 0.25 1.00

BH129 -49647 -2971978 1373.013 UQ 0.43 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1287 -49722.6 -2972010 1366.317 MQ 0.33 0.55

BH1280 -49712.3 -2971996 1363.592 UQ 0.21 1.00

BH1279 -49707.1 -2972001 1366.346 MQ 0.44 0.60

BH1270 -49711.3 -2971988 1360.13 UQ 0.23 0.60

BH1212 -49755.5 -2972016 1361.137 UQ 0.95 0.60

BH1206 -49722.6 -2972010 1366.317 MQ 0.33 0.55

BH1168 -49734.3 -2971997 1358.054 UQ 0.50 0.76

BH1163 -49690.9 -2971964 1354.493 UQ 2.33 0.60

BH1163 -49690.9 -2971964 1354.493 UQ 0.65 1.00

BH1163 -49690.9 -2971964 1354.493 UQ 0.88 1.00

BH1162 -49693.5 -2971965 1354.25 UQ 0.83 0.80

BH1162 -49693.5 -2971965 1354.25 UQ 0.50 1.00

BH1161 -49696.3 -2971968 1354.887 UQ 0.61 0.80

BH1161 -49696.3 -2971968 1354.887 UQ 0.32 1.00

BH1159 -49699.5 -2971970 1354.947 UQ 2.11 0.60

BH1159 -49699.5 -2971970 1354.947 UQ 0.63 1.00

BH1158 -49707.3 -2971975 1355.152 UQ 1.07 0.56

BH1157 -49708.9 -2971976 1355.182 UQ 2.01 1.00

BH1156 -49710.4 -2971977 1355.24 UQ 0.41 0.80

BH1154 -49714.9 -2971981 1355.879 UQ 0.39 0.78

GB001 -49671.1 -2971937 1347.161 UQ 1.05 0.90

GB001 -49671.1 -2971937 1347.161 UQ 0.44 0.90

GB001 -49671.1 -2971937 1347.161 UQ 0.41 0.90

GB001 -49671.1 -2971937 1346.161 MQ 0.51 1.07

GB001 -49671.1 -2971937 1346.161 MQ 0.37 1.07

GB001 -49671.1 -2971937 1346.161 MQ 0.30 1.07

GB001 -49671.1 -2971937 1346.161 MQ 0.22 1.07

GB020 -49635.7 -2971830 1317.985 UQ 0.21 1.10

GB020 -49635.7 -2971830 1317.985 UQ 0.21 1.10

GB020 -49635.7 -2971830 1317.985 UQ 0.15 1.10

GB020 -49635.7 -2971830 1317.985 UQ 0.08 1.10

MDP005 -49657.6 -2971600 1222.837 UQ 0.33 1.01

MDP005 -49657.6 -2971600 1222.837 UQ 0.07 1.01

MDP005 -49657.6 -2971600 1222.837 UQ 0.07 1.01

MDP005 -49657.6 -2971600 1222.837 UQ 0.01 1.01

MDP005 -49657.6 -2971600 1212.837 MQ 0.06 1.30

MDP005 -49657.6 -2971600 1202.837 LQ 0.75 0.89

MDP005 -49657.6 -2971600 1202.837 LQ 0.13 0.89

MDP005 -49657.6 -2971600 1202.837 LQ 0.09 0.89

MDP005 -49657.6 -2971600 1202.837 LQ 0.07 0.89

MDP005D1 -49658.6 -2971600 1222.54 UQ 0.25 1.01

MDP005D1 -49658.6 -2971600 1222.54 UQ 0.08 1.01

MDP005D1 -49658.6 -2971600 1222.54 UQ 0.06 1.01

MDP005D1 -49658.6 -2971600 1212.54 MQ 0.13 1.15

MDP005D1 -49658.6 -2971600 1212.54 MQ 0.08 1.15

BH77 -49548 -2971910 1348.289 LQ 0.25 0.80

BH77 -49548 -2971910 1367.289 MQ 0.49 0.80

BH500 -49626 -2971957 1368.941 UQ 0.45 0.60

BH500 -49626 -2971957 1368.941 UQ 0.38 1.00

BH499 -49625 -2971959 1370.148 UQ 0.47 0.80

BH498 -49623 -2971961 1371.627 UQ 0.40 0.80

BH498 -49623 -2971961 1371.627 UQ 0.80 1.00

BH497 -49621 -2971963 1373.107 UQ 0.31 0.60

BH495 -49615 -2971963 1374.745 UQ 0.22 1.00

BH34 -49605.2 -2971947 1369.958 UQ 0.41 1.00

BH34 -49605.2 -2971947 1369.958 UQ 0.64 1.00

BH33 -49588.6 -2971935 1368.889 UQ 0.44 0.60

BH33 -49588.6 -2971935 1368.889 UQ 0.41 1.00

BH33 -49588.6 -2971935 1368.889 UQ 0.29 1.00

BH32 -49583.2 -2971929 1367.562 UQ 0.81 0.80

BH1313 -49622.2 -2971924 1353.571 MQ 0.46 0.76

BH1265 -49548 -2971910 1368.289 UQ 0.25 0.80

BH1263 -49560 -2971899 1359.877 UQ 1.02 1.00

BH1240 -49533.8 -2971902 1368.43 UQ 1.06 1.00

BH1239 -49536.1 -2971903 1368.269 UQ 0.57 1.00

BH1238 -49542.2 -2971902 1366.137 UQ 0.30 0.83

BH1238 -49542.2 -2971902 1366.137 UQ 0.39 1.00

BH1237 -49543.8 -2971905 1367.101 UQ 0.36 1.00

BH1237 -49543.8 -2971905 1367.101 UQ 0.26 1.00

BH1236 -49547.1 -2971906 1366.667 UQ 0.43 1.00

BH1236 -49547.1 -2971906 1366.667 UQ 0.37 1.00

BH1235 -49550.8 -2971905 1365.19 UQ 0.34 0.51

BH1235 -49550.8 -2971905 1365.19 UQ 0.26 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH123 -49628 -2971956 1367.928 UQ 0.82 0.98

BH122 -49626 -2971957 1368.941 UQ 0.45 0.60

BH122 -49626 -2971957 1368.941 UQ 0.38 1.00

BH121 -49625 -2971959 1370.148 UQ 0.47 0.80

BH120 -49623 -2971961 1371.627 UQ 0.40 0.80

BH120 -49623 -2971961 1371.627 UQ 0.80 1.00

BH1193 -49575.7 -2971911 1360.194 MQ 0.33 0.75

BH1190 -49590.7 -2971920 1360.302 MQ 0.26 0.83

BH119 -49621 -2971963 1373.107 UQ 0.31 0.60

BH1189 -49594.1 -2971922 1360.307 MQ 0.14 0.94

BH1188 -49597.2 -2971921 1358.994 MQ 0.25 0.80

BH1187 -49598.4 -2971918 1357.266 MQ 0.43 0.75

BH1184 -49603.2 -2971912 1354.154 UQ 0.82 0.51

BH1184 -49603.2 -2971912 1354.154 UQ 0.82 0.51

BH117 -49615 -2971963 1374.745 UQ 0.22 1.00

BH1137 -49573.3 -2971911 1360.849 MQ 0.26 1.00

BH110 -49612 -2971926 1358.289 UQ 0.76 0.80

BH1091 -49534 -2971924 1378.647 UQ 0.28 0.80

BH109 -49614 -2971929 1359.143 UQ 0.46 1.00

BH1084 -49548 -2971910 1368.289 UQ 0.25 0.80

BH1082 -49560 -2971899 1359.877 UQ 1.02 1.00

BH1073 -49626 -2971957 1368.941 UQ 0.45 0.60

BH1073 -49626 -2971957 1368.941 UQ 0.38 1.00

BH1072 -49625 -2971959 1370.148 UQ 0.47 0.80

BH1071 -49623 -2971961 1371.627 UQ 0.40 0.80

BH1071 -49623 -2971961 1371.627 UQ 0.80 1.00

BH1070 -49621 -2971963 1372.107 MQ 0.31 0.60

BH1068 -49615 -2971963 1373.745 MQ 0.22 1.00

BH1068 -49615 -2971963 1374.745 UQ 0.39 1.00

BH1067 -49613 -2971971 1379.026 UQ 0.61 0.60

BH1067 -49613 -2971971 1379.026 UQ 0.18 1.00

BH1067 -49613 -2971971 1379.026 UQ 0.52 1.00

BH1060 -49628 -2971956 1367.928 UQ 0.82 0.98

BH105 -49576 -2971930 1369.983 UQ 0.36 1.00

BH105 -49576 -2971930 1369.983 UQ 0.24 1.00

BH104 -49578 -2971926 1367.57 UQ 0.54 0.70

BH104 -49578 -2971926 1367.57 UQ 0.89 1.00

BH104 -49578 -2971926 1367.57 UQ 0.45 1.00

BH103 -49581 -2971923 1365.35 UQ 0.59 0.70

BH103 -49581 -2971923 1365.35 UQ 0.37 1.00

BH103 -49581 -2971923 1365.35 UQ 0.36 1.00

GB041 -49516.5 -2971924 1383.253 UQ 0.16 0.99

GB042 -49530.1 -2971910 1372.015 MQ 0.95 0.97

GB042 -49530.1 -2971910 1372.015 MQ 0.56 0.97

GB042 -49530.1 -2971910 1372.015 MQ 0.32 0.97

GB042 -49530.1 -2971910 1372.015 MQ 0.32 0.97

GB042 -49530.1 -2971910 1372.015 MQ 0.15 0.97

GB042 -49530.1 -2971910 1353.015 LQ 0.72 1.04

GB042 -49530.1 -2971910 1353.015 LQ 0.56 1.04

GB042 -49530.1 -2971910 1353.015 LQ 0.25 1.04

BH580 -49481.8 -2971902 1383.399 UQ 3.29 0.78

BH579 -49484.5 -2971905 1383.37 UQ 0.79 0.75

BH533 -49499 -2971896 1356.623 LQ 0.80 0.67

BH533 -49499 -2971896 1356.623 LQ 1.61 1.00

BH532 -49501 -2971899 1356.806 LQ 0.97 1.00

BH488 -49577.1 -2971888 1350.896 UQ 0.52 0.60

BH48 -49521.4 -2971849 1357.383 UQ 0.62 1.00

BH47 -49523.6 -2971850 1357.12 UQ 1.22 1.00

BH45 -49516.4 -2971871 1364.76 UQ 0.24 1.00

BH44 -49515.8 -2971872 1365.169 UQ 0.25 0.70

BH44 -49515.8 -2971872 1365.169 UQ 0.48 1.00

BH43 -49513.2 -2971875 1366.884 UQ 0.79 0.80

BH43 -49513.2 -2971875 1366.884 UQ 0.54 1.00

BH1434 -49505.8 -2971878 1369.841 UQ 0.70 1.00

BH1433 -49503.1 -2971876 1370.133 UQ 2.38 1.00

BH1432 -49499.5 -2971874 1370.696 UQ 1.04 0.60

BH1432 -49499.5 -2971874 1370.696 UQ 1.29 1.00

BH1430 -49494.9 -2971870 1370.037 MQ 8.30 0.58

BH1428 -49478.5 -2971877 1377.834 UQ 0.31 0.60

BH1428 -49478.5 -2971877 1377.834 UQ 0.60 1.00

BH1428 -49478.5 -2971877 1377.834 UQ 0.31 1.00

BH1426 -49490.3 -2971887 1376.891 UQ 0.29 1.00

BH1425 -49490.1 -2971889 1377.477 UQ 0.44 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1424 -49490.2 -2971890 1377.709 UQ 0.49 0.80

BH1423 -49489.9 -2971892 1377.325 MQ 0.42 0.78

BH1423 -49489.9 -2971892 1378.325 UQ 0.52 1.00

BH1422 -49491.2 -2971894 1377.457 MQ 0.30 0.74

BH1422 -49491.2 -2971894 1378.457 UQ 0.65 1.00

BH141 -49526 -2971891 1347.145 LQ 0.29 0.60

BH137 -49516 -2971895 1326.22 MZQ 0.73 1.00

BH136 -49496 -2971902 1334.105 MZQ 2.76 0.78

BH135 -49498 -2971901 1333.238 MZQ 5.18 1.00

BH134 -49499 -2971900 1332.673 MZQ 2.09 0.80

BH1243 -49516.9 -2971891 1369.897 UQ 0.43 1.00

BH1242 -49519.5 -2971894 1369.899 UQ 0.85 0.99

BH1241 -49521.2 -2971895 1369.647 UQ 0.32 0.64

BH1090 -49580 -2971878 1347.403 UQ 0.42 1.00

BH1089 -49585 -2971875 1345.103 UQ 0.73 0.60

GB002 -49602.6 -2971874 1339.519 UQ 1.10 1.11

GB002 -49602.6 -2971874 1339.519 UQ 0.31 1.11

GB002 -49602.6 -2971874 1339.519 UQ 0.27 1.11

GB043 -49541.2 -2971892 1361.919 MQ 1.17 0.95

GB043 -49541.2 -2971892 1361.919 MQ 1.05 0.95

GB043 -49541.2 -2971892 1361.919 MQ 0.84 0.95

GB043 -49541.2 -2971892 1361.919 MQ 0.37 0.95

GB043 -49541.2 -2971892 1361.919 MQ 0.36 0.95

GB043 -49541.2 -2971892 1361.919 MQ 0.32 0.95

BH1395 -49457.1 -2971888 1366.754 LQ 0.46 1.00

BH1395 -49457.1 -2971888 1366.754 LQ 0.39 1.00

BH1395 -49457.1 -2971888 1385.754 MQ 0.23 0.58

BH161 -49437.2 -2971884 1371.099 LQ 0.20 0.80

BH1421 -49437.4 -2971868 1386.298 UQ 1.51 1.00

BH1420 -49441.8 -2971870 1385.582 UQ 2.69 1.00

BH1419 -49445.9 -2971872 1384.955 UQ 0.60 0.80

BH1418 -49444.8 -2971875 1386.179 UQ 1.09 0.96

BH1417 -49445.1 -2971876 1385.389 MQ 0.77 0.80

BH1415 -49446.2 -2971879 1385.956 MQ 3.78 0.56

BH1415 -49446.2 -2971879 1386.956 UQ 1.03 1.00

BH1396 -49450.6 -2971886 1367.733 LQ 0.44 0.92

BH1396 -49450.6 -2971886 1367.733 LQ 0.44 1.00

GB005 -49469.3 -2971754 1342.829 UQ 0.52 0.90

GB005 -49469.3 -2971754 1342.829 UQ 0.51 0.90

GB005 -49469.3 -2971754 1342.829 UQ 0.50 0.90

GB019 -49502.9 -2971714 1320.813 UQ 0.16 1.33

GB006 -49469.3 -2971754 1342.809 UQ 0.10 1.22

GB006 -49469.3 -2971754 1342.809 UQ 0.08 1.22

GB019 -49502.9 -2971714 1319.813 MQ 0.38 0.90

GB006 -49469.3 -2971754 1341.809 MQ 0.36 1.16

GB019 -49502.9 -2971714 1319.813 MQ 0.20 0.90

GB006 -49469.3 -2971754 1341.809 MQ 0.13 1.16

GB006 -49469.3 -2971754 1341.809 MQ 0.11 1.16

GB019 -49502.9 -2971714 1319.813 MQ 0.04 0.90

BH556 -49346 -2971833 1391.118 MQ 0.57 1.00

BH556 -49346 -2971833 1391.118 MQ 0.50 1.00

BH555 -49361 -2971847 1392.639 MQ 0.21 1.00

BH550 -49341 -2971842 1394.338 MQ 0.65 1.00

BH550 -49341 -2971842 1394.338 MQ 0.42 1.00

BH549 -49343 -2971839 1393.214 MQ 0.34 1.00

BH549 -49343 -2971839 1393.214 MQ 2.29 1.00

BH548 -49351 -2971837 1391.443 MQ 0.63 0.60

BH548 -49351 -2971837 1391.443 MQ 0.76 1.00

BH548 -49351 -2971837 1391.443 MQ 1.32 1.00

BH547 -49357 -2971839 1391.07 MQ 1.29 0.80

BH547 -49357 -2971839 1391.07 MQ 0.82 1.00

BH547 -49357 -2971839 1392.07 UQ 0.60 0.60

BH546 -49361 -2971842 1391.275 MQ 0.96 1.00

BH546 -49361 -2971842 1391.275 MQ 1.51 1.00

BH545 -49365 -2971845 1391.481 MQ 2.94 1.00

GB017 -49410.3 -2971789 1370.392 UQ 0.35 0.90

GB017 -49410.3 -2971789 1370.392 UQ 0.27 0.90

GB017 -49410.3 -2971789 1370.392 UQ 0.12 0.90

BH1135 -49255.4 -2971771 1396.412 MQ 8.38 1.00

BH1134 -49260.3 -2971774 1396.042 MQ 0.54 1.00

BH1133 -49267.4 -2971781 1396.204 MQ 0.34 1.00

BH1132 -49270 -2971783 1396.116 MQ 0.26 1.00

BH1221 -49318.4 -2971821 1393.604 MQ 0.52 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1221 -49318.4 -2971821 1393.604 MQ 0.19 1.00

BH1220 -49316.7 -2971823 1395.542 UQ 0.31 1.00

BH1220 -49316.7 -2971823 1395.542 UQ 0.42 1.00

BH1219 -49317.8 -2971826 1396.025 UQ 0.93 1.00

BH1218 -49319.1 -2971827 1395.949 UQ 1.21 0.60

BH1217 -49321.5 -2971829 1395.848 UQ 1.52 0.80

BH1126 -49299.6 -2971801 1393.296 MQ 0.51 0.56

BH1126 -49299.6 -2971801 1394.296 UQ 0.49 0.78

GB015 -49325.7 -2971723 1367.895 UQ 0.58 0.82

GB018 -49446.5 -2971661 1321.813 UQ 1.00 0.94

GB018 -49446.5 -2971661 1321.813 UQ 0.64 0.94

GB018 -49446.5 -2971661 1321.813 UQ 0.38 0.94

GB018 -49446.5 -2971661 1321.813 UQ 0.15 0.94

GB007 -49284.4 -2971583 1342.723 UQ 0.27 0.77

BH58 -49497.3 -2969866 1195.51 UQ 1.50 1.00

GB023 -49129.5 -2971433 1350.696 UQ 0.78 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.33 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.33 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.27 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.27 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.24 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.20 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.20 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.18 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.17 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.15 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.14 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.12 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.11 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.10 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.10 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.10 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.08 1.01

GB023 -49129.5 -2971433 1350.696 UQ 0.06 1.01

BH436 -49038 -2971457 1374.235 UQ 0.52 1.00

BH435 -49037 -2971458 1374.904 UQ 0.65 1.00

BH427 -49023 -2971469 1382.353 MQ 0.36 0.80

BH427 -49023 -2971469 1382.353 MQ 0.35 1.00

BH426 -49021 -2971471 1383.691 MQ 1.24 0.80

BH426 -49021 -2971471 1383.691 MQ 0.57 1.00

BH425 -49020 -2971472 1365.36 LQ 0.52 0.55

BH425 -49020 -2971472 1384.36 MQ 0.68 1.00

BH1557 -49038 -2971457 1373.235 MQ 0.52 1.00

GB025 -48982 -2971403 1377.902 UQ 0.70 0.98

GB025 -48982 -2971403 1377.902 UQ 0.69 0.98

GB024 -49028.8 -2971438 1371.65 UQ 0.29 0.94

GB024 -49028.8 -2971438 1371.65 UQ 0.25 0.94

GB024 -49028.8 -2971438 1371.65 UQ 0.15 0.94

GB024 -49028.8 -2971438 1370.65 MQ 1.16 1.00

GB024 -49028.8 -2971438 1370.65 MQ 1.13 1.00

GB024 -49028.8 -2971438 1370.65 MQ 0.79 1.00

GB024 -49028.8 -2971438 1370.65 MQ 0.67 1.00

BH419 -49046 -2971450 1370.745 UQ 0.43 0.60

BH417 -49044 -2971452 1371.442 UQ 1.26 0.60

BH414 -49069 -2971465 1369.172 MQ 0.15 0.60

BH413 -49068 -2971466 1369.52 MQ 0.17 0.80

BH409 -49089 -2971497 1372.384 MQ 0.39 0.80

BH399 -49110 -2971522 1355.073 LQ 0.20 0.60

BH397 -49108 -2971525 1374.965 MQ 0.12 0.56

BH1833 -49071.1 -2971499 1376.506 UQ 0.25 0.90

BH1832 -49072.4 -2971501 1376.699 UQ 1.02 1.00

BH1831 -49073.5 -2971503 1375.923 MQ 0.86 0.68

BH1830 -49075.7 -2971506 1376.174 MQ 0.48 1.00

BH1830 -49075.7 -2971506 1376.174 MQ 0.48 1.00

BH1829 -49078.9 -2971509 1377.273 UQ 0.83 0.60

BH1828 -49085.7 -2971513 1377.019 UQ 0.80 0.80

BH1827 -49087.1 -2971516 1376.392 MQ 0.53 0.60

BH1824 -49096.9 -2971529 1378.442 UQ 0.51 1.00

BH1709 -49071.1 -2971499 1376.511 UQ 0.25 0.90

BH1708 -49072.4 -2971501 1376.707 UQ 1.02 1.00

BH1707 -49073.5 -2971503 1375.929 MQ 0.86 0.68

BH1707 -49073.5 -2971503 1376.929 UQ 0.25 0.60

BH1706 -49075.7 -2971506 1376.171 MQ 0.48 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1706 -49075.7 -2971506 1376.171 MQ 0.48 1.00

BH1705 -49078.9 -2971509 1377.276 UQ 0.83 0.60

BH1704 -49085.7 -2971513 1377.014 UQ 0.80 0.80

BH1703 -49087.1 -2971516 1376.391 MQ 0.53 0.60

BH1700 -49096.9 -2971529 1378.449 UQ 0.51 1.00

BH1680 -49062.2 -2971489 1374.908 MQ 1.26 1.00

BH1671 -49055.6 -2971479 1374.961 UQ 0.27 1.00

BH1670 -49056.5 -2971481 1375.208 UQ 0.32 0.80

BH1669 -49061.1 -2971487 1375.682 UQ 0.23 0.80

BH1561 -49047 -2971449 1370.397 UQ 0.43 0.60

BH1559 -49044 -2971452 1371.442 UQ 1.26 0.60

GB5N2 -49104.7 -2971516 1374.723 UQ 0.80 0.94

GB5N2 -49104.7 -2971516 1374.723 UQ 0.77 0.94

GB5N2 -49104.7 -2971516 1374.723 UQ 0.52 0.94

GB5N2 -49104.7 -2971516 1374.723 UQ 0.47 0.94

GB5N2 -49104.7 -2971516 1374.723 UQ 0.46 0.94

GB5N2 -49104.7 -2971516 1373.723 MQ 0.56 1.03

GB5N2 -49104.7 -2971516 1373.723 MQ 0.43 1.03

GB5N2 -49104.7 -2971516 1373.723 MQ 0.25 1.03

GB5N2 -49104.7 -2971516 1373.723 MQ 0.23 1.03

GB5N2 -49104.7 -2971516 1373.723 MQ 0.20 1.03

GB028 -48974.2 -2971339 1361.433 UQ 0.34 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.34 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.24 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.22 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.13 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.11 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.09 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.09 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.08 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.08 0.98

GB028 -48974.2 -2971339 1361.433 UQ 0.04 0.98

GB035 -48876.6 -2971229 1365.777 MQ 0.43 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.29 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.25 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.24 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.20 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.18 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.18 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.12 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.11 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.09 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.07 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.07 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.05 1.01

GB035 -48876.6 -2971229 1365.777 MQ 0.04 1.01

GB035 -48876.6 -2971229 1346.777 LQ 0.37 0.97

GB035 -48876.6 -2971229 1346.777 LQ 0.04 0.97

BH405 -49124 -2971510 1369.91 MQ 0.16 0.80

BH403 -49121 -2971512 1370.526 MQ 0.34 1.00

GB088 -48906.4 -2971131 1339.479 UQ 0.13 0.90

GB088 -48906.4 -2971131 1339.479 UQ 0.10 0.90

GB088 -48906.4 -2971131 1339.479 UQ 0.10 0.90

GB088 -48906.4 -2971131 1339.479 UQ 0.09 0.90

MDP064 -48882.6 -2971044 1326.65 MQ 0.44 0.96

MDP064 -48882.6 -2971044 1326.65 MQ 0.26 0.96

MDP064 -48882.6 -2971044 1326.65 MQ 0.24 0.96

MDP064 -48882.6 -2971044 1326.65 MQ 0.23 0.96

MDP064 -48882.6 -2971044 1326.65 MQ 0.16 0.96

MDP064 -48882.6 -2971044 1326.65 MQ 0.13 0.96

BH788 -48652.2 -2970825 1355.182 MQ 0.21 1.00

BH686 -48657.6 -2970834 1357.825 MQ 0.39 0.60

BH264 -48654 -2970843 1361.774 UQ 0.53 0.60

BH795 -48629.4 -2970831 1361.505 MQ 0.21 1.00

BH794 -48627.6 -2970829 1361.556 MQ 0.43 0.80

BH793 -48630.6 -2970825 1361.251 MQ 0.51 0.80

BH792 -48637.3 -2970823 1360.777 MQ 0.24 0.89

BH792 -48637.3 -2970823 1360.777 MQ 0.20 1.00

BH688 -48644.4 -2970826 1360.428 MQ 0.22 1.00

BH682 -48640.2 -2970837 1361.017 MQ 0.30 1.00

BH680 -48631.7 -2970840 1361.63 MQ 1.13 0.80

BH678 -48626.6 -2970838 1361.887 MQ 0.63 0.80

BH2079 -48635.4 -2970842 1364.463 UQ 0.74 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH2077 -48626 -2970838 1364.922 UQ 0.87 0.80

BH2077 -48626 -2970838 1364.922 UQ 0.47 1.00

BH687 -48647.7 -2970825 1358.552 MQ 0.52 0.60

BH325 -48649 -2970836 1360.171 UQ 1.01 0.60

BH263 -48656 -2970847 1361.031 UQ 2.98 1.00

BH262 -48655 -2970849 1361.311 UQ 1.23 0.50

BH261 -48657 -2970851 1360.525 UQ 1.53 0.60

BH685 -48659.9 -2970868 1356.72 MQ 0.28 0.60

BH326 -48697 -2970964 1364.843 UQ 0.98 0.80

BH787 -48594.4 -2970817 1374.592 UQ 0.64 0.80

BH786 -48592.4 -2970815 1374.952 UQ 0.36 0.93

BH785 -48590.1 -2970811 1375.093 UQ 0.27 0.80

BH784 -48588.3 -2970809 1375.383 UQ 0.37 1.00

BH783 -48587.1 -2970808 1375.64 UQ 0.98 1.00

BH638 -48587.3 -2970829 1379.079 UQ 0.36 0.57

BH637 -48588.2 -2970832 1379.261 UQ 0.41 1.00

BH636 -48588.8 -2970833 1379.23 UQ 0.57 0.94

BH636 -48588.8 -2970833 1379.23 UQ 0.66 1.00

BH635 -48589.2 -2970835 1379.422 UQ 0.84 0.92

BH635 -48589.2 -2970835 1379.422 UQ 1.11 1.00

BH634 -48590.5 -2970837 1379.291 UQ 0.32 0.93

BH379 -48586 -2970809 1375.185 MQ 0.62 1.00

BH304 -48589 -2970833 1378.157 MQ 0.82 0.74

BH304 -48589 -2970833 1359.157 LQ 0.73 1.00

BH304 -48589 -2970833 1378.157 MQ 0.82 0.74

BH304 -48589 -2970833 1359.157 LQ 0.73 1.00

BH303 -48590 -2970835 1359.144 LQ 0.40 0.92

BH303 -48590 -2970835 1378.144 MQ 0.50 0.80

BH2075 -48605.9 -2970833 1372.287 MQ 0.17 0.58

BH188 -48579 -2970776 1353.098 LQ 1.05 1.00

BH187 -48571 -2970778 1356.211 LQ 1.71 1.00

BH181 -48576 -2970775 1372.973 MQ 0.75 1.00

BH743 -48602 -2970861 1379.509 UQ 0.23 0.80

BH742 -48604.9 -2970858 1377.987 UQ 0.43 1.00

BH740 -48608.4 -2970855 1376.246 UQ 0.33 0.70

BH357 -48659 -2970973 1378.467 MQ 0.09 0.60

BH357 -48659 -2970973 1378.467 MQ 0.22 1.00

BH2073 -48602.7 -2970844 1376.287 UQ 1.49 0.60

BH875 -48545.5 -2970719 1373.884 MQ 0.44 0.54

BH874 -48548.1 -2970716 1372.667 MQ 0.20 1.00

BH354 -48526 -2970699 1377.663 UQ 0.63 0.60

BH353 -48521 -2970702 1379.612 UQ 0.20 0.75

BH347 -48511 -2970673 1378.196 UQ 1.13 0.58

BH274 -48568 -2970796 1378.845 MQ 0.23 0.60

BH206 -48523 -2970671 1354.308 LQ 1.01 0.60

BH206 -48523 -2970671 1354.308 LQ 0.84 1.00

BH205 -48510 -2970678 1378.254 MQ 0.57 0.60

BH198 -48511 -2970673 1378.196 UQ 1.13 0.58

BH186 -48563 -2970783 1359.364 LQ 0.73 0.60

BH210 -48510 -2970644 1365.93 LQ 0.33 0.80

BH215 -48529 -2970633 1373.326 MQ 0.65 0.80

BH214 -48527 -2970635 1361.921 LQ 0.47 0.60

BH213 -48523 -2970637 1362.919 LQ 0.55 1.00

BH212 -48520 -2970639 1363.715 LQ 0.32 0.60

BH212 -48520 -2970639 1363.715 LQ 0.33 1.00

BH211 -48515 -2970641 1364.916 LQ 0.68 0.80

BH211 -48515 -2970641 1364.916 LQ 0.26 1.00

BH618 -48536.4 -2970635 1378.032 UQ 0.23 0.56

BH618 -48536.4 -2970635 1378.032 UQ 0.37 1.00

BH617 -48536.2 -2970637 1378.25 UQ 0.17 0.54

BH617 -48536.2 -2970637 1378.25 UQ 0.40 1.00

BH616 -48535.6 -2970639 1378.562 UQ 0.24 0.60

BH616 -48535.6 -2970639 1378.562 UQ 0.35 1.00

BH621 -48529.9 -2970624 1378.62 UQ 0.50 1.00

BH620 -48534.5 -2970629 1378.019 UQ 2.09 1.00

BH619 -48535.3 -2970632 1378.046 UQ 0.97 1.00

BH649 -48520.3 -2970605 1379.362 UQ 0.26 0.98

BH648 -48522.3 -2970606 1379.016 UQ 0.53 1.00

BH2004 -48363 -2970174 1373.417 MQ 0.85 0.80

BH920 -48378.7 -2970106 1380.919 UQ 0.22 0.85

BH911 -48382.2 -2970113 1380.307 UQ 0.55 0.60

BH1970 -48379.2 -2970099 1368.111 MQ 0.15 1.00

BH1970 -48379.2 -2970099 1368.111 MQ 0.25 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1994 -48378.9 -2970132 1370.951 MQ 0.22 0.80

BH391 -48379.3 -2970330 1383.753 UQ 2.66 0.60

BH894 -48377.9 -2970249 1366.049 LQ 0.38 0.60

BH891 -48381.3 -2970255 1372.833 MQ 0.68 0.60

BH889 -48382.7 -2970260 1363.971 LQ 0.61 0.69

BH888 -48383.5 -2970262 1371.604 MQ 0.44 0.94

BH886 -48383.7 -2970266 1371.016 MQ 0.54 1.00

BH885 -48383.9 -2970268 1370.701 MQ 0.20 1.00

BH1980 -48392 -2970126 1380 UQ 0.60 1.00

BH393 -48390 -2970347 1370.298 MQ 0.75 0.80

BH884 -48384.7 -2970270 1370.358 MQ 0.88 1.00

BH389 -48385.9 -2970304 1368.433 MQ 0.68 1.00

BH273 -48397 -2970297 1362.836 LQ 0.60 1.00

BH915 -48386.9 -2970099 1379.218 UQ 0.46 0.70

BH779 -48393.3 -2970120 1379.187 UQ 0.42 1.00

BH777 -48393 -2970126 1379.89 UQ 0.23 0.60

BH777 -48393 -2970126 1379.89 UQ 0.30 1.00

BH777 -48393 -2970126 1379.89 UQ 0.30 1.00

BH2107 -48397.8 -2970101 1375.932 UQ 0.47 0.60

BH774 -48385 -2970129 1380.342 UQ 0.60 0.60

BH771 -48383.6 -2970180 1383.155 UQ 0.61 0.80

BH769 -48387.6 -2970180 1381.497 UQ 0.21 0.80

BH766 -48388.5 -2970164 1380.423 UQ 0.39 0.80

BH765 -48388.4 -2970162 1380.398 UQ 0.46 0.80

BH2054 -48383.6 -2970180 1383.146 UQ 0.61 0.80

BH2054 -48383.6 -2970180 1383.146 UQ 0.61 0.80

BH2052 -48387.6 -2970180 1381.497 UQ 0.21 0.80

BH2049 -48388.5 -2970164 1380.431 UQ 0.39 0.80

BH2048 -48388.4 -2970162 1380.385 UQ 0.46 0.80

BH2001 -48382 -2970165 1383.155 UQ 0.99 0.58

BH1995 -48382.5 -2970131 1369.472 MQ 0.27 0.60

BH1981 -48385 -2970132 1380.485 UQ 0.32 0.55

BH770 -48388.7 -2970185 1381.247 UQ 0.24 0.60

BH2053 -48388.7 -2970185 1381.247 UQ 0.24 0.60

BH809 -48388 -2970210 1381.623 UQ 0.54 1.00

BH808 -48388 -2970212 1381.835 UQ 0.69 0.60

BH802 -48385.4 -2970195 1380.766 UQ 0.64 1.00

BH798 -48387.7 -2970204 1381.028 UQ 1.71 0.77

BH796 -48387.8 -2970208 1381.468 UQ 0.57 0.60

BH2023 -48381.1 -2970203 1371.039 MQ 0.49 1.00

BH2023 -48381.1 -2970203 1371.039 MQ 0.54 1.00

BH2022 -48379.5 -2970204 1371.661 MQ 0.75 1.00

BH2010 -48387 -2970199 1380.711 UQ 0.83 0.80

BH776 -48388.8 -2970125 1379.305 UQ 0.23 1.00

BH775 -48387.1 -2970127 1379.882 UQ 0.28 0.80

BH336 -48402 -2970360 1380.08 UQ 0.64 0.78

BH336 -48402 -2970360 1380.08 UQ 0.60 1.00

BH335 -48397 -2970363 1369.883 MQ 0.25 0.76

BH334 -48398 -2970366 1369.911 MQ 0.33 0.76

BH333 -48395 -2970369 1371.122 MQ 0.22 1.00

BH333 -48395 -2970369 1371.122 MQ 0.27 1.00

BH332 -48388 -2970372 1373.517 MQ 0.16 0.60

BH332 -48388 -2970372 1373.517 MQ 0.36 1.00

BH331 -48384 -2970374 1374.916 MQ 0.40 0.80

BH331 -48384 -2970374 1374.916 MQ 0.34 1.00

BH330 -48380 -2970376 1376.315 MQ 0.66 1.00

BH227 -48400 -2970365 1381.211 UQ 0.87 0.98

BH807 -48388.1 -2970214 1382.07 UQ 2.39 0.80

BH806 -48388.1 -2970216 1382.302 UQ 0.45 0.93

BH805 -48388.1 -2970218 1382.575 UQ 0.37 1.00

BH804 -48386.3 -2970219 1383.257 UQ 0.44 0.60

BH804 -48386.3 -2970219 1383.257 UQ 0.91 1.00

BH388 -48394.2 -2970310 1381.423 UQ 1.77 0.80

BH296 -48407.7 -2970316 1363.826 MQ 0.31 1.00

BH295 -48408.9 -2970319 1362.861 MQ 0.13 1.00

BH394 -48402 -2970352 1379.244 UQ 0.44 0.78

BH294 -48409.3 -2970324 1362.11 MQ 0.16 0.86

BH293 -48410.8 -2970327 1361.974 MQ 0.39 0.60

BH293 -48410.8 -2970327 1361.974 MQ 0.20 1.00

BH292 -48414.5 -2970334 1361.584 MQ 0.46 1.00

BH270 -48407 -2970269 1358.418 MQ 0.55 0.91

BH372 -48420 -2970423 1369.741 MQ 0.49 0.98

BH221 -48416 -2970421 1362.701 LQ 0.77 0.80

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH221 -48416 -2970421 1370.701 MQ 0.72 0.76

BH220 -48410 -2970428 1373.339 MQ 0.32 1.00

BH219 -48405 -2970430 1367.08 LQ 0.44 0.80

BH219 -48405 -2970430 1375.08 MQ 0.40 0.80

BH218 -48400 -2970429 1376.459 MQ 0.47 1.00

BH218 -48400 -2970429 1376.459 MQ 0.46 1.00

BH291 -48416.3 -2970338 1361.463 MQ 0.21 0.56

BH291 -48416.3 -2970338 1361.463 MQ 0.16 1.00

BH290 -48418.7 -2970348 1361.844 MQ 0.63 0.84

BH290 -48418.7 -2970348 1361.844 MQ 0.20 1.00

BH268 -48415 -2970337 1353.746 LQ 0.25 0.76

BH268 -48415 -2970337 1353.746 LQ 0.26 1.00

BH267 -48417 -2970341 1353.592 LQ 0.31 1.00

BH267 -48417 -2970341 1353.592 LQ 0.45 1.00

BH266 -48416 -2970347 1354.54 LQ 0.33 0.60

BH266 -48416 -2970347 1354.54 LQ 0.42 1.00

BH778 -48395 -2970122 1378.848 UQ 0.34 1.00

BH778 -48395 -2970122 1378.848 UQ 0.18 1.00

BH778 -48395 -2970122 1378.848 UQ 0.33 1.00

BH2106 -48398.7 -2970105 1376.044 UQ 0.55 0.78

BH2105 -48399.5 -2970109 1376.191 UQ 0.53 0.70

BH1996 -48394.1 -2970127 1379.623 UQ 0.67 0.80

BH1979 -48403 -2970120 1376.197 UQ 0.44 0.80

BH706 -48443.7 -2970468 1380.173 UQ 1.19 1.00

BH703 -48447.5 -2970479 1380.45 UQ 0.53 0.60

BH703 -48447.5 -2970479 1380.45 UQ 0.61 1.00

BH702 -48447.3 -2970487 1381.53 UQ 0.22 1.00

BH702 -48447.3 -2970487 1381.53 UQ 0.46 1.00

BH174 -48444 -2970470 1368.333 MQ 1.98 1.00

BH173 -48439 -2970474 1362.364 LQ 1.19 0.60

BH173 -48439 -2970474 1370.364 MQ 2.68 1.00

BH172 -48435 -2970476 1371.833 MQ 1.27 0.76

BH171 -48429 -2970477 1365.777 LQ 0.58 1.00

BH170 -48425 -2970480 1367.376 LQ 0.66 0.80

BH170 -48425 -2970480 1367.376 LQ 0.54 1.00

BH255 -48446 -2970497 1383.292 UQ 0.94 0.87

BH169 -48418 -2970483 1369.935 LQ 0.77 1.00

BH374 -48432 -2970415 1365.326 MQ 0.16 1.00

BH373 -48427 -2970416 1366.887 MQ 0.44 1.00

BH725 -48459.5 -2970509 1368.828 MQ 0.37 1.00

BH724 -48461.3 -2970511 1368.547 MQ 0.38 0.78

BH723 -48463.6 -2970513 1368.103 MQ 0.41 0.80

BH253 -48444 -2970504 1372.873 MQ 1.03 0.73

BH868 -48460 -2970531 1383.833 UQ 1.13 0.54

BH867 -48461 -2970537 1384.44 UQ 1.25 0.60

BH866 -48462 -2970543 1385.046 UQ 0.55 1.00

BH244 -48453 -2970521 1364.495 LQ 1.91 1.00

BH243 -48458 -2970524 1343.387 MZQ 0.26 1.00

BH241 -48451 -2970529 1346.349 MZQ 1.93 0.60

BH240 -48450 -2970526 1346.203 MZQ 0.88 0.80

BH239 -48447 -2970522 1346.53 MZQ 0.81 0.60

BH705 -48447.4 -2970471 1379.447 UQ 1.51 1.00

BH705 -48447.4 -2970471 1379.447 UQ 1.92 1.00

BH704 -48448.6 -2970475 1379.614 UQ 0.64 1.00

BH258 -48451 -2970480 1367.534 MQ 0.80 0.52

BH176 -48452 -2970467 1365.632 MQ 2.40 1.00

BH175 -48448 -2970469 1367.037 MQ 0.48 1.00

BH175 -48448 -2970469 1367.037 MQ 0.82 1.00

BH722 -48467.9 -2970515 1379.098 UQ 0.35 1.00

BH722 -48467.9 -2970515 1379.098 UQ 0.33 1.00

BH721 -48475.2 -2970525 1378.266 UQ 0.30 1.00

BH720 -48475.8 -2970527 1378.344 UQ 4.16 1.00

BH720 -48475.8 -2970527 1378.344 UQ 0.86 1.00

BH882 -48478.5 -2970539 1359.22 LQ 0.76 0.80

BH834 -48505.1 -2970521 1368.796 UQ 0.28 1.00

BH833 -48506.2 -2970522 1368.606 UQ 0.21 0.80

BH833 -48506.2 -2970522 1368.606 UQ 0.17 1.00

BH832 -48507.7 -2970523 1368.26 UQ 0.46 0.80

BH832 -48507.7 -2970523 1368.26 UQ 0.19 1.00

BH831 -48510 -2970526 1367.972 UQ 0.16 1.00

BH831 -48510 -2970526 1367.972 UQ 0.13 1.00

BH830 -48511.4 -2970528 1367.794 UQ 0.20 0.60

BH830 -48511.4 -2970528 1367.794 UQ 0.34 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH829 -48511.4 -2970530 1368.053 UQ 0.39 1.00

BH828 -48511.5 -2970532 1368.316 UQ 0.18 1.00

BH827 -48510.4 -2970534 1368.92 UQ 0.14 1.00

BH827 -48510.4 -2970534 1368.92 UQ 0.15 1.00

BH826 -48509.1 -2970537 1369.726 UQ 0.12 0.80

BH826 -48509.1 -2970537 1369.726 UQ 0.18 1.00

BH2038 -48363 -2970041 1380.656 UQ 1.19 0.65

BH1950 -48370.8 -2970068 1380.312 UQ 1.00 0.90

BH1949 -48368.6 -2970073 1381.53 UQ 0.86 1.00

BH1971 -48382.1 -2970098 1368 MQ 0.32 0.60

BH1971 -48382.1 -2970098 1368 MQ 0.26 1.00

BH1971 -48382.1 -2970098 1368 MQ 0.16 1.00

BH1054 -48377.4 -2970083 1368 MQ 0.60 0.75

BH1050 -48378 -2970091 1368 MQ 2.33 0.60

BH1049 -48378.5 -2970092 1368 MQ 0.15 0.80

BH1048 -48379.2 -2970094 1368 MQ 0.25 1.00

BH918 -48381.6 -2970088 1379.865 UQ 0.23 0.69

BH916 -48386 -2970090 1378.641 UQ 0.22 0.77

BH905 -48383.1 -2970045 1375.231 UQ 0.55 0.60

BH2091 -48386.7 -2970051 1374.654 UQ 0.54 1.00

BH2090 -48383.7 -2970054 1375.901 UQ 3.14 1.00

BH2090 -48383.7 -2970054 1375.901 UQ 1.00 1.00

BH2085 -48376.9 -2970072 1379.806 UQ 0.30 1.00

BH2037 -48375 -2970033 1376.653 UQ 0.23 0.60

BH1973 -48386.3 -2970095 1379.024 UQ 0.42 1.00

BH1972 -48384.4 -2970096 1367.727 MQ 0.35 1.00

BH1972 -48384.4 -2970096 1379.727 UQ 0.17 0.80

BH1055 -48376.9 -2970072 1379.8 UQ 0.30 1.00

BH1041 -48368.9 -2970020 1365.343 MQ 0.23 1.00

BH1037 -48365.1 -2970030 1367.52 MQ 5.82 1.00

BH1034 -48375.4 -2970039 1377.11 UQ 0.76 0.80

BH1033 -48378.5 -2970043 1376.516 UQ 0.71 1.00

BH1032 -48371.5 -2970055 1379.884 UQ 0.38 0.72

BH1032 -48371.5 -2970055 1379.884 UQ 0.38 0.72

BH744 -48412.1 -2970080 1356.962 MQ 0.33 1.00

OBN067 -48600 -2969613 1329.896 UQ 0.57 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.54 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.39 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.38 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.26 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.25 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.24 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.23 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.22 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.19 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.18 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.18 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.17 0.98

OBN067 -48600 -2969613 1329.896 UQ 0.15 0.98

OBN067 -48600 -2969613 1324.896 MQ 0.72 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.54 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.54 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.50 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.48 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.40 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.31 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.30 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.29 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.27 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.23 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.12 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.10 1.00

OBN067 -48600 -2969613 1324.896 MQ 0.09 1.00

OBN066 -48600 -2969645 1312.726 LQ 0.37 0.93

BH2127 -48413.5 -2969708 1373.716 UQ 0.33 0.80

BH2126 -48416 -2969709 1372.786 UQ 0.20 0.56

BH1365 -48413.5 -2969708 1373.724 UQ 0.33 0.80

BH1364 -48415.9 -2969709 1372.816 UQ 0.33 0.80

BH1363 -48418.6 -2969710 1371.798 UQ 0.20 0.56

BH1363 -48418.6 -2969710 1371.798 UQ 0.29 0.60

BH1362 -48421.5 -2969711 1370.706 UQ 0.14 0.80

BH1362 -48421.5 -2969711 1370.706 UQ 0.20 1.00

BH1352 -48423.2 -2969648 1358.24 MQ 0.20 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1351 -48427.3 -2969649 1356.646 MQ 0.19 0.60

BH1351 -48427.3 -2969649 1356.646 MQ 0.14 1.00

BH1350 -48434 -2969651 1354.024 MQ 0.26 1.00

BH1349 -48436.9 -2969653 1352.837 MQ 0.34 1.00

BH1348 -48439.8 -2969655 1351.649 MQ 2.94 0.80

BH1348 -48439.8 -2969655 1351.649 MQ 5.07 1.00

OBN040 -48445 -2969687 1362.328 UQ 2.76 1.02

OBN040 -48445 -2969687 1362.328 UQ 0.08 1.02

BH1353 -48418.4 -2969645 1360.205 MQ 0.41 1.00

BH2115 -48431.2 -2969619 1356.86 MQ 0.17 0.60

BH2115 -48431.2 -2969619 1370.86 UQ 0.50 0.80

BH2114 -48428.2 -2969617 1358.127 MQ 0.18 1.00

BH1342 -48431.2 -2969619 1356.845 MQ 0.45 1.00

BH1341 -48428.2 -2969617 1358.139 MQ 0.16 1.00

BH1340 -48423.3 -2969616 1360.094 MQ 0.11 1.00

BH2116 -48433.9 -2969620 1369.753 UQ 0.16 0.60

BH2116 -48433.9 -2969620 1369.753 UQ 0.19 1.00

BH1343 -48433.9 -2969620 1355.745 MQ 0.16 0.60

BH1343 -48433.9 -2969620 1355.745 MQ 0.19 1.00

OBN050 -48495.2 -2969577 1350.252 UQ 0.52 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.52 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.49 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.36 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.23 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.19 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.18 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.15 1.02

OBN050 -48495.2 -2969577 1350.252 UQ 0.11 1.02

OBN050 -48495.2 -2969577 1315.252 MZQ 0.27 1.00

OBN050 -48495.2 -2969577 1315.252 MZQ 0.25 1.00

OBN050 -48495.2 -2969577 1315.252 MZQ 0.24 1.00

OBN050 -48495.2 -2969577 1315.252 MZQ 0.13 1.00

OBN050 -48495.2 -2969577 1315.252 MZQ 0.12 1.00

OBN050 -48495.2 -2969577 1335.252 LQ 0.35 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.32 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.31 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.30 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.27 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.19 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.15 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.14 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.12 1.01

OBN050 -48495.2 -2969577 1335.252 LQ 0.10 1.01

OBN042 -48556 -2969757 1333.016 UQ 1.08 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.97 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.70 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.46 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.42 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.40 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.21 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.14 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.12 1.00

OBN042 -48556 -2969757 1333.016 UQ 0.11 1.00

BH1022 -48431.3 -2969935 1357.957 UQ 0.30 1.00

BH1463 -48438.9 -2969975 1357.631 UQ 1.78 0.80

BH755 -48413.7 -2970066 1356.723 MQ 0.15 0.60

BH755 -48413.7 -2970066 1356.723 MQ 0.17 1.00

BH754 -48421 -2970063 1355.944 MQ 0.20 1.00

BH753 -48423 -2970070 1355.396 MQ 0.84 0.60

BH752 -48425.2 -2970061 1355.504 MQ 1.64 0.60

BH752 -48425.2 -2970061 1355.504 MQ 1.18 1.00

BH751 -48431 -2970062 1354.733 MQ 0.17 0.76

BH750 -48427.7 -2970069 1354.85 MQ 0.30 1.00

BH749 -48438.9 -2970067 1353.543 MQ 0.15 0.74

BH748 -48434.9 -2970070 1353.912 MQ 0.51 0.60

BH748 -48434.9 -2970070 1353.912 MQ 0.19 1.00

BH747 -48428.7 -2970074 1354.506 MQ 0.17 0.80

BH747 -48428.7 -2970074 1354.506 MQ 0.22 1.00

BH746 -48423.1 -2970077 1355.079 MQ 0.22 0.80

BH746 -48423.1 -2970077 1355.079 MQ 0.27 1.00

BH736 -48450.5 -2970048 1357.907 UQ 0.57 1.00

BH735 -48450.3 -2970051 1357.81 UQ 0.48 0.80

BH734 -48445.3 -2970054 1358.296 UQ 0.64 0.80

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH733 -48446.9 -2970056 1358.017 UQ 1.23 0.80

BH716 -48420.1 -2970036 1357.225 MQ 0.41 0.60

BH715 -48415.2 -2970032 1358.005 MQ 0.60 0.60

BH714 -48415.5 -2970036 1357.795 MQ 0.59 0.80

BH712 -48412.8 -2970038 1358.044 MQ 0.30 0.80

BH709 -48401.3 -2970043 1359.266 MQ 0.41 1.00

BH708 -48404.2 -2970046 1358.771 MQ 0.32 1.00

BH698 -48395.4 -2970024 1360.814 MQ 0.29 0.60

BH697 -48395.7 -2970028 1360.601 MQ 0.31 0.60

BH695 -48405.3 -2970026 1359.499 MQ 0.27 0.60

BH2036 -48383 -2970029 1367.147 UQ 0.23 0.82

BH1956 -48433 -2970070 1359.143 UQ 0.17 0.55

BH1039 -48380.7 -2970029 1367.435 UQ 0.90 0.54

OBN035 -48495 -2969767 1343.584 UQ 0.49 0.93

OBN035 -48495 -2969767 1343.584 UQ 0.35 0.93

OBN035 -48495 -2969767 1343.584 UQ 0.27 0.93

OBN035 -48495 -2969767 1343.584 UQ 0.26 0.93

OBN035 -48495 -2969767 1343.584 UQ 0.23 0.93

OBN035 -48495 -2969767 1328.584 LQ 0.32 1.02

OBN035 -48495 -2969767 1328.584 LQ 0.32 1.02

OBN035 -48495 -2969767 1328.584 LQ 0.32 1.02

OBN035 -48495 -2969767 1328.584 LQ 0.31 1.02

OBN035 -48495 -2969767 1328.584 LQ 0.27 1.02

OBN035 -48495 -2969767 1328.584 LQ 0.23 1.02

BH970 -48410.3 -2969829 1359.271 UQ 1.03 0.55

BH1542 -48410.3 -2969829 1359.264 UQ 1.03 0.55

OBN033 -48445 -2969782 1352.035 UQ 0.42 0.99

OBN033 -48445 -2969782 1352.035 UQ 0.35 0.99

OBN033 -48445 -2969782 1352.035 UQ 0.28 0.99

OBN033 -48445 -2969782 1352.035 UQ 0.26 0.99

OBN033 -48445 -2969782 1352.035 UQ 0.10 0.99

OBN033 -48445 -2969782 1337.035 LQ 0.92 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.92 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.75 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.35 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.26 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.20 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.20 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.20 1.02

OBN033 -48445 -2969782 1337.035 LQ 0.20 1.02

BH973 -48410.1 -2969819 1358.855 UQ 1.22 0.80

BH972 -48410.6 -2969821 1358.871 UQ 0.17 0.60

BH1545 -48410.1 -2969819 1358.861 UQ 1.22 0.80

BH1544 -48410.6 -2969821 1353.872 MQ 0.17 0.60

BH974 -48403.9 -2969907 1362.362 UQ 0.27 0.74

BH1546 -48414 -2969914 1360.854 UQ 0.18 0.52

BH1487 -48403.9 -2969907 1362.367 UQ 0.27 0.74

BH1026 -48430.9 -2969927 1358.258 UQ 0.45 0.80

BH1025 -48431.2 -2969929 1358.128 UQ 0.27 0.80

BH1024 -48431.8 -2969931 1357.965 UQ 0.43 0.80

BH1023 -48432 -2969933 1357.841 UQ 0.29 1.00

BH1000 -48414 -2969914 1360.857 UQ 0.18 0.52

BH999 -48403.3 -2969942 1357.933 MQ 0.18 0.53

BH2034 -48433.2 -2969945 1357.881 UQ 0.34 1.00

BH2033 -48433.6 -2969946 1357.854 UQ 0.25 1.00

BH2032 -48434.2 -2969948 1357.794 UQ 0.25 0.80

BH2031 -48434.7 -2969950 1357.763 UQ 0.48 0.80

BH2030 -48434.3 -2969951 1357.85 UQ 0.44 1.00

BH2029 -48437.6 -2969961 1357.547 UQ 0.38 1.00

BH2029 -48437.6 -2969961 1357.547 UQ 0.28 1.00

BH2028 -48438 -2969963 1357.523 UQ 0.38 1.00

BH2027 -48438.1 -2969965 1357.559 UQ 0.82 1.00

BH2026 -48438.7 -2969967 1357.508 UQ 0.29 1.00

BH2026 -48438.7 -2969967 1357.508 UQ 0.22 1.00

BH2025 -48439.3 -2969969 1357.467 UQ 0.30 1.00

BH2025 -48439.3 -2969969 1357.467 UQ 0.14 1.00

BH2024 -48439 -2969971 1357.556 UQ 0.32 0.75

BH2024 -48439 -2969971 1357.556 UQ 0.38 1.00

BH1550 -48420 -2969958 1360.486 UQ 0.40 1.00

BH1549 -48421.6 -2969953 1360.083 UQ 1.08 0.60

BH1548 -48413.2 -2969933 1361.008 UQ 1.89 0.80

BH1469 -48430.8 -2969935 1358.042 UQ 0.84 1.00

BH1468 -48431.4 -2969939 1358.042 UQ 0.63 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1467 -48432.6 -2969945 1357.991 UQ 2.36 1.00

BH1466 -48433.5 -2969950 1357.965 UQ 2.44 1.00

BH1465 -48434.9 -2969954 1357.828 UQ 2.74 0.80

BH1464 -48437.8 -2969967 1357.666 UQ 2.27 0.60

BH1031 -48412.5 -2969948 1361.511 UQ 1.27 1.00

BH1030 -48412.8 -2969946 1361.413 UQ 1.41 1.00

BH1029 -48412.4 -2969944 1361.432 UQ 0.75 0.80

BH1029 -48412.4 -2969944 1361.432 UQ 1.82 1.00

BH1028 -48412.3 -2969942 1361.395 UQ 0.28 0.60

BH1028 -48412.3 -2969942 1361.395 UQ 0.18 1.00

BH1021 -48432.3 -2969940 1357.917 UQ 0.30 1.00

BH1020 -48432.1 -2969942 1358.003 UQ 0.37 0.60

BH1020 -48432.1 -2969942 1358.003 UQ 0.33 1.00

BH1004 -48420 -2969958 1360.491 UQ 0.40 1.00

BH1003 -48421.6 -2969953 1360.084 UQ 1.08 0.60

BH1002 -48413.2 -2969933 1361.006 UQ 1.89 0.80

BH985 -48393.7 -2969874 1358.385 MQ 0.31 0.66

BH979 -48399.4 -2969893 1357.866 MQ 0.47 0.94

BH977 -48410.1 -2969901 1361.222 UQ 0.16 0.50

BH975 -48403.3 -2969902 1362.411 UQ 0.14 0.53

BH968 -48416.5 -2969843 1358.743 UQ 0.16 0.80

BH967 -48416.2 -2969846 1358.869 UQ 0.60 0.88

BH966 -48414.7 -2969849 1359.184 UQ 1.31 0.52

BH846 -48417.3 -2969866 1359.15 UQ 1.50 1.00

BH836 -48404.5 -2969861 1356.228 MQ 0.65 1.00

BH835 -48407.4 -2969862 1360.748 UQ 0.77 1.00

BH1540 -48416.5 -2969843 1358.738 UQ 0.16 0.80

BH1539 -48416.1 -2969846 1353.878 MQ 0.60 0.88

BH1538 -48414.7 -2969849 1354.189 MQ 1.32 0.60

BH1496 -48403.2 -2969867 1361.589 UQ 0.44 0.50

BH1492 -48399.4 -2969893 1362.86 UQ 0.47 0.94

BH1490 -48410.1 -2969901 1361.217 UQ 0.16 0.50

BH1488 -48403.3 -2969902 1362.406 UQ 0.14 0.53

BH1444 -48417.3 -2969866 1359.149 UQ 1.50 1.00

BH1377 -48413.5 -2969836 1359.085 UQ 0.23 0.50

BH1027 -48430.9 -2969926 1358.241 UQ 0.18 1.00

OBN032 -48444 -2969813 1353.31 UQ 6.62 0.98

OBN032 -48444 -2969813 1353.31 UQ 1.28 0.98

OBN032 -48444 -2969813 1353.31 UQ 1.23 0.98

OBN031 -48495.1 -2969830 1344.96 UQ 1.07 0.93

OBN032 -48444 -2969813 1353.31 UQ 1.05 0.98

OBN031 -48495.1 -2969830 1344.96 UQ 0.84 0.93

OBN031 -48495.1 -2969830 1344.96 UQ 0.80 0.93

OBN031 -48495.1 -2969830 1344.96 UQ 0.73 0.93

OBN026 -48479 -2969920 1349.862 UQ 0.62 0.97

OBN031 -48495.1 -2969830 1344.96 UQ 0.54 0.93

OBN032 -48444 -2969813 1353.31 UQ 0.52 0.98

OBN026 -48479 -2969920 1349.862 UQ 0.48 0.97

OBN034 -48495 -2969799 1344.245 UQ 0.41 1.03

OBN032 -48444 -2969813 1353.31 UQ 0.35 0.98

OBN025 -48447 -2969909 1355.082 UQ 0.32 0.99

OBN034 -48495 -2969799 1344.245 UQ 0.32 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.29 1.03

OBN025 -48447 -2969909 1355.082 UQ 0.29 0.99

OBN034 -48495 -2969799 1344.245 UQ 0.29 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.25 1.03

OBN032 -48444 -2969813 1353.31 UQ 0.24 0.98

OBN032 -48444 -2969813 1353.31 UQ 0.24 0.98

OBN034 -48495 -2969799 1344.245 UQ 0.23 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.23 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.22 1.03

OBN032 -48444 -2969813 1353.31 UQ 0.22 0.98

OBN025 -48447 -2969909 1355.082 UQ 0.21 0.99

OBN034 -48495 -2969799 1344.245 UQ 0.21 1.03

OBN032 -48444 -2969813 1353.31 UQ 0.20 0.98

OBN032 -48444 -2969813 1353.31 UQ 0.19 0.98

OBN028 -48446.9 -2969878 1354.36 UQ 0.18 0.95

OBN034 -48495 -2969799 1344.245 UQ 0.18 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.17 1.03

OBN028 -48446.9 -2969878 1354.36 UQ 0.17 0.95

OBN028 -48446.9 -2969878 1354.36 UQ 0.16 0.95

OBN028 -48446.9 -2969878 1354.36 UQ 0.16 0.95

OBN028 -48446.9 -2969878 1354.36 UQ 0.16 0.95

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

OBN034 -48495 -2969799 1344.245 UQ 0.15 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.15 1.03

OBN031 -48495.1 -2969830 1344.96 UQ 0.14 0.93

OBN025 -48447 -2969909 1355.082 UQ 0.14 0.99

OBN025 -48447 -2969909 1355.082 UQ 0.14 0.99

OBN034 -48495 -2969799 1344.245 UQ 0.13 1.03

OBN026 -48479 -2969920 1349.862 UQ 0.12 0.97

OBN031 -48495.1 -2969830 1344.96 UQ 0.10 0.93

OBN034 -48495 -2969799 1344.245 UQ 0.08 1.03

OBN034 -48495 -2969799 1344.245 UQ 0.08 1.03

OBN034 -48495 -2969799 1309.245 MZQ 0.38 0.97

OBN025 -48447 -2969909 1320.082 MZQ 0.36 1.23

OBN034 -48495 -2969799 1309.245 MZQ 0.27 0.97

OBN034 -48495 -2969799 1309.245 MZQ 0.20 0.97

OBN034 -48495 -2969799 1309.245 MZQ 0.18 0.97

OBN034 -48495 -2969799 1309.245 MZQ 0.12 0.97

OBN025 -48447 -2969909 1320.082 MZQ 0.12 1.23

OBN034 -48495 -2969799 1309.245 MZQ 0.09 0.97

OBN026 -48479 -2969920 1344.862 MQ 4.41 1.02

OBN027 -48497 -2969894 1341.158 MQ 2.77 1.00

OBN026 -48479 -2969920 1344.862 MQ 1.91 1.02

OBN028 -48446.9 -2969878 1349.36 MQ 1.51 0.99

OBN028 -48446.9 -2969878 1349.36 MQ 1.39 0.99

OBN028 -48446.9 -2969878 1349.36 MQ 1.38 0.99

OBN026 -48479 -2969920 1344.862 MQ 0.89 1.02

OBN027 -48497 -2969894 1341.158 MQ 0.78 1.00

OBN030 -48495 -2969830 1339.975 MQ 0.64 1.08

OBN030 -48495 -2969830 1339.975 MQ 0.56 1.08

OBN028 -48446.9 -2969878 1349.36 MQ 0.52 0.99

OBN028 -48446.9 -2969878 1349.36 MQ 0.40 0.99

OBN028 -48446.9 -2969878 1349.36 MQ 0.40 0.99

OBN026 -48479 -2969920 1344.862 MQ 0.38 1.02

OBN027 -48497 -2969894 1341.158 MQ 0.36 1.00

OBN030 -48495 -2969830 1339.975 MQ 0.33 1.08

OBN026 -48479 -2969920 1344.862 MQ 0.33 1.02

OBN027 -48497 -2969894 1341.158 MQ 0.31 1.00

OBN030 -48495 -2969830 1339.975 MQ 0.31 1.08

OBN030 -48495 -2969830 1339.975 MQ 0.29 1.08

OBN027 -48497 -2969894 1341.158 MQ 0.27 1.00

OBN027 -48497 -2969894 1341.158 MQ 0.26 1.00

OBN026 -48479 -2969920 1344.862 MQ 0.24 1.02

OBN028 -48446.9 -2969878 1349.36 MQ 0.23 0.99

OBN027 -48497 -2969894 1341.158 MQ 0.17 1.00

OBN027 -48497 -2969894 1331.158 LQ 1.16 1.00

OBN025 -48447 -2969909 1340.082 LQ 0.84 0.99

OBN028 -48446.9 -2969878 1339.36 LQ 0.72 1.06

OBN030 -48495 -2969830 1329.975 LQ 0.63 0.99

OBN025 -48447 -2969909 1340.082 LQ 0.53 0.99

OBN025 -48447 -2969909 1340.082 LQ 0.50 0.99

OBN031 -48495.1 -2969830 1329.96 LQ 0.47 1.02

OBN034 -48495 -2969799 1329.245 LQ 0.34 1.05

OBN034 -48495 -2969799 1329.245 LQ 0.34 1.05

OBN025 -48447 -2969909 1340.082 LQ 0.34 0.99

OBN025 -48447 -2969909 1340.082 LQ 0.33 0.99

OBN025 -48447 -2969909 1340.082 LQ 0.31 0.99

OBN025 -48447 -2969909 1340.082 LQ 0.31 0.99

OBN030 -48495 -2969830 1329.975 LQ 0.31 0.99

OBN030 -48495 -2969830 1329.975 LQ 0.30 0.99

OBN031 -48495.1 -2969830 1329.96 LQ 0.29 1.02

OBN034 -48495 -2969799 1329.245 LQ 0.27 1.05

OBN031 -48495.1 -2969830 1329.96 LQ 0.27 1.02

OBN031 -48495.1 -2969830 1329.96 LQ 0.25 1.02

OBN034 -48495 -2969799 1329.245 LQ 0.24 1.05

OBN034 -48495 -2969799 1329.245 LQ 0.20 1.05

OBN025 -48447 -2969909 1340.082 LQ 0.20 0.99

OBN034 -48495 -2969799 1329.245 LQ 0.19 1.05

OBN025 -48447 -2969909 1340.082 LQ 0.19 0.99

OBN034 -48495 -2969799 1329.245 LQ 0.19 1.05

OBN034 -48495 -2969799 1329.245 LQ 0.17 1.05

BH994 -48421.2 -2969971 1355.469 MQ 0.68 0.60

BH993 -48418.4 -2969976 1355.991 MQ 0.28 1.00

BH991 -48421.8 -2969988 1355.589 MQ 0.23 0.57

BH990 -48425.3 -2969995 1355.108 MQ 0.25 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH990 -48425.3 -2969995 1360.108 UQ 0.23 0.60

BH989 -48426.1 -2969997 1355.011 MQ 0.33 0.60

BH989 -48426.1 -2969997 1355.011 MQ 0.62 1.00

BH988 -48426.7 -2969998 1354.918 MQ 0.41 1.00

BH737 -48446.9 -2970027 1356.987 UQ 0.61 0.60

BH701 -48386.1 -2970007 1361.713 MQ 0.79 0.80

BH700 -48387.6 -2970011 1361.518 MQ 1.55 1.00

BH699 -48390.9 -2970015 1361.035 MQ 0.28 0.60

BH694 -48412.9 -2970025 1357.554 MQ 0.55 0.60

BH676 -48393.5 -2969992 1330.307 MZQ 0.95 1.00

BH676 -48393.5 -2969992 1330.307 MZQ 0.39 1.00

BH675 -48390.5 -2969989 1330.749 MZQ 0.50 1.00

BH673 -48400.4 -2970001 1349.284 LQ 0.65 0.80

BH670 -48377.5 -2970001 1353.049 LQ 0.56 0.60

BH662 -48423.3 -2970002 1345.537 LQ 0.28 0.80

BH659 -48423.7 -2970010 1355.576 MQ 0.31 0.60

BH1553 -48429.2 -2969989 1359.39 UQ 0.30 0.77

BH1552 -48431.5 -2969981 1358.905 UQ 0.52 0.60

BH1512 -48421.2 -2969971 1360.466 UQ 0.68 0.60

BH1511 -48418.4 -2969976 1360.993 UQ 0.28 1.00

BH1509 -48421.8 -2969988 1355.594 MQ 0.23 0.57

BH1508 -48425.3 -2969995 1355.111 MQ 0.25 1.00

BH1508 -48425.3 -2969995 1360.111 UQ 0.23 0.60

BH1507 -48426.1 -2969997 1355.006 MQ 0.33 0.60

BH1507 -48426.1 -2969997 1355.006 MQ 0.62 1.00

BH1506 -48426.7 -2969998 1354.921 MQ 0.41 1.00

BH1474 -48441.6 -2969992 1352.391 MQ 0.42 1.00

BH1473 -48441.2 -2969994 1352.483 MQ 1.00 0.80

BH1473 -48441.2 -2969994 1352.483 MQ 0.64 1.00

BH1472 -48441.7 -2969995 1352.414 MQ 0.77 0.97

BH1471 -48442.6 -2969998 1352.306 MQ 0.20 1.00

BH1470 -48442.8 -2970000 1352.3 MQ 0.60 1.00

BH1460 -48440.5 -2969983 1357.452 UQ 5.25 0.60

BH1459 -48440.8 -2969985 1357.429 UQ 1.84 1.00

BH1458 -48441.4 -2969989 1357.384 UQ 0.94 1.00

BH1007 -48429.2 -2969989 1359.397 UQ 0.30 0.77

BH1006 -48431.5 -2969981 1358.905 UQ 0.52 0.60

OBN085 -48543.4 -2969379 1317.183 MQ 0.49 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.40 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.39 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.38 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.37 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.36 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.31 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.28 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.28 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.26 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.26 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.22 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.22 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.21 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.21 0.99

OBN085 -48543.4 -2969379 1317.183 MQ 0.17 0.99

OBN086 -48547 -2969337 1323.192 UQ 0.37 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.29 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.19 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.19 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.18 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.15 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.15 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.15 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.15 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.14 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.14 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.13 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.10 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.09 1.00

OBN086 -48547 -2969337 1323.192 UQ 0.08 1.00

OBN086 -48547 -2969337 1322.192 MQ 0.29 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.22 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.20 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.18 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.17 0.99

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

OBN086 -48547 -2969337 1322.192 MQ 0.17 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.16 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.12 0.99

OBN086 -48547 -2969337 1322.192 MQ 0.09 0.99

OBN074 -48495 -2969380 1332.873 UQ 0.24 1.05

OBN074 -48495 -2969380 1332.873 UQ 0.10 1.05

OBN074 -48495 -2969380 1332.873 UQ 0.08 1.05

OBN074 -48495 -2969380 1332.873 UQ 0.08 1.05

OBN074 -48495 -2969380 1331.873 MQ 0.26 0.96

OBN074 -48495 -2969380 1315.873 LQ 0.24 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.16 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.15 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.12 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.10 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.09 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.08 1.01

OBN079 -48670 -2969520 1313.622 UQ 0.41 0.94

OBN079 -48670 -2969520 1313.622 UQ 0.33 0.94

OBN079 -48670 -2969520 1313.622 UQ 0.24 0.94

OBN079 -48670 -2969520 1313.622 UQ 0.17 0.94

OBN079 -48670 -2969520 1313.622 UQ 0.14 0.94

OBN079 -48670 -2969520 1313.622 UQ 0.13 0.94

OBN079 -48670 -2969520 1316.142 MZQ 0.32 1.06

OBN079 -48670 -2969520 1318.27 MZQ 0.16 1.06

OBN079 -48670 -2969520 1317.206 MZQ 0.14 1.06

OBN079 -48670 -2969520 1308.622 MQ 0.25 0.99

OBN079 -48670 -2969520 1308.622 MQ 0.20 0.99

OBN079 -48670 -2969520 1308.622 MQ 0.12 0.99

OBN079 -48670 -2969520 1288.622 LQ 0.40 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.30 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.26 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.24 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.23 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.22 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.19 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.17 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.14 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.13 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.12 1.01

OBN079 -48670 -2969520 1288.622 LQ 0.11 1.01

OBN060 -48610 -2969430 1291.26 UQ 0.79 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.57 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.40 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.37 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.31 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.28 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.25 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.24 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.21 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.20 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.20 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.18 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.16 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.16 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.14 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.14 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.13 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.12 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.12 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.12 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.12 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.12 0.99

OBN060 -48610 -2969430 1291.26 UQ 0.11 0.99

OBN060 -48610 -2969430 1291.26 MQ 0.55 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.52 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.41 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.35 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.27 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.24 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.19 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.15 1.03

OBN060 -48610 -2969430 1291.26 MQ 0.14 1.03

OBN060 -48610 -2969430 1276.26 LQ 0.51 1.16

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

OBN060 -48610 -2969430 1276.26 LQ 0.32 1.16

OBN060 -48610 -2969430 1276.26 LQ 0.30 1.16

OBN089 -48609.8 -2969350 1302.357 UQ 0.32 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.28 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.27 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.18 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.16 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.15 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.15 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.14 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.13 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.13 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.11 1.03

OBN089 -48609.8 -2969350 1302.357 UQ 0.10 1.03

OBN089 -48609.8 -2969350 1302.357 MQ 0.34 0.85

OBN089 -48609.8 -2969350 1302.357 MQ 0.20 0.85

OBN089 -48609.8 -2969350 1302.357 MQ 0.19 0.85

OBN089 -48609.8 -2969350 1287.357 LQ 0.41 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.35 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.28 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.28 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.25 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.25 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.22 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.22 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.20 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.18 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.14 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.14 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.10 1.01

OBN089 -48609.8 -2969350 1287.357 LQ 0.09 1.01

OBN076 -48545.2 -2969480 1360.69 UQ 0.66 0.96

OBN076 -48545.2 -2969480 1360.69 UQ 0.36 0.96

OBN076 -48545.2 -2969480 1360.69 UQ 0.16 0.96

OBN076 -48545.2 -2969480 1360.69 UQ 0.16 0.96

OBN076 -48545.2 -2969480 1350.69 MQ 0.53 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.25 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.20 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.18 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.17 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.17 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.14 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.11 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.09 1.01

OBN077 -48545 -2969530 1352.589 UQ 1.12 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.51 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.42 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.38 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.29 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.22 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.18 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.17 1.00

OBN077 -48545 -2969530 1352.589 UQ 0.14 1.00

OBN069 -48599.7 -2969550 1334.652 UQ 0.30 0.96

OBN069 -48599.7 -2969550 1334.652 UQ 0.23 0.96

OBN069 -48599.7 -2969550 1334.652 UQ 0.22 0.96

OBN069 -48599.7 -2969550 1334.652 UQ 0.19 0.96

OBN069 -48599.7 -2969550 1334.652 UQ 0.17 0.96

OBN069 -48599.7 -2969550 1324.652 MQ 0.86 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.83 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.53 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.44 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.27 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.25 1.04

OBN069 -48599.7 -2969550 1324.652 MQ 0.16 1.04

OBN070 -48600.1 -2969518 1336.892 UQ 0.09 1.02

OBN070 -48600.1 -2969518 1336.892 UQ 0.08 1.02

OBN052 -48445.7 -2969561 1354.887 LQ 0.14 0.97

OBN052 -48445.7 -2969561 1354.887 LQ 0.08 0.97

OBN052 -48445.7 -2969561 1354.887 LQ 0.08 0.97

OBN052 -48445.7 -2969561 1354.887 LQ 0.08 0.97

OBN052 -48445.7 -2969561 1354.887 LQ 0.08 0.97

MDP045 -51965.1 -2973594 1386.004 MZQ 0.27 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP045 -51965.1 -2973594 1386.004 MZQ 0.19 1.00

MDP049 -52103.3 -2973699 1390.943 MZQ 0.70 1.01

WR148 -52128.6 -2973717 1392.917 MZQ 0.31 0.90

WR148 -52128.6 -2973717 1392.917 MZQ 0.30 0.90

WR148 -52128.6 -2973717 1392.917 MZQ 0.26 0.90

WR148 -52128.6 -2973717 1392.917 MZQ 0.24 0.90

WR148 -52128.6 -2973717 1392.917 MZQ 0.20 0.90

WR148 -52128.6 -2973717 1412.917 LQ 0.52 0.98

WR148 -52128.6 -2973717 1412.917 LQ 0.12 0.98

MDP046 -52118.2 -2973635 1388 MZQ 0.29 1.02

MDP046 -52118.2 -2973635 1388 MZQ 0.16 1.02

MDP046 -52118.2 -2973635 1414 MQ 0.12 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.34 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.33 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.29 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.28 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.25 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.24 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.22 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.22 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.21 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.20 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.17 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.15 1.00

MDP046 -52118.2 -2973635 1408 LQ 0.15 1.00

WR125 -52140 -2973475 1408.832 MQ 0.36 0.97

WR125 -52140 -2973475 1408.832 MQ 0.33 0.97

WR129 -52160.1 -2973495 1401.09 MZQ 0.46 0.88

WR129 -52160.1 -2973495 1402.856 MZQ 0.42 0.88

WR129 -52160.1 -2973495 1401.973 MZQ 0.31 0.88

MDP015 -51931.1 -2973095 1393.969 MZQ 0.11 0.85

MDP015 -51931.1 -2973095 1393.969 MZQ 0.04 0.85

MDP015 -51931.1 -2973095 1393.969 MZQ 0.03 0.85

MDP015 -51931.1 -2973095 1431.969 MQ 0.39 1.01

MDP015 -51931.1 -2973095 1431.969 MQ 0.26 1.01

MDP015 -51931.1 -2973095 1431.969 MQ 0.07 1.01

MDP015 -51931.1 -2973095 1431.969 MQ 0.05 1.01

MDP015 -51931.1 -2973095 1416.969 LQ 0.14 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.13 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.07 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.07 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.07 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.06 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.04 1.06

MDP015 -51931.1 -2973095 1416.969 LQ 0.04 1.06

MDP022 -51823.8 -2972997 1381.693 MZQ 3.23 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 1.52 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 1.51 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.96 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.63 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.57 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.35 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.34 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.33 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.32 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.13 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.12 1.01

MDP022 -51823.8 -2972997 1381.693 MZQ 0.08 1.01

MDP021 -51731.8 -2972992 1351.168 MZQ 0.79 1.22

MDP021 -51731.8 -2972992 1351.168 MZQ 0.03 1.22

MDP021 -51731.8 -2972992 1374.168 LQ 0.38 1.01

MDP021 -51731.8 -2972992 1374.168 LQ 0.30 1.01

MDP021 -51731.8 -2972992 1374.168 LQ 0.21 1.01

MDP021 -51731.8 -2972992 1374.168 LQ 0.14 1.01

MDP021 -51731.8 -2972992 1374.168 LQ 0.04 1.01

MDP021 -51731.8 -2972992 1374.168 LQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.86 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.68 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.39 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.36 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.18 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.07 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.06 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP014 -51836.1 -2973083 1416.308 MQ 0.05 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.04 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.03 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.03 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1416.308 MQ 0.02 1.01

MDP033 -51833.6 -2972897 1392.722 MZQ 1.32 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.61 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.39 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.35 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.28 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.08 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.08 0.98

MDP033 -51833.6 -2972897 1392.722 MZQ 0.08 0.98

MDP033 -51833.6 -2972897 1430.722 MQ 0.23 1.05

MDP033 -51833.6 -2972897 1415.722 LQ 0.25 0.94

MDP033 -51833.6 -2972897 1415.722 LQ 0.24 0.94

MDP033 -51833.6 -2972897 1415.722 LQ 0.22 0.94

MDP033 -51833.6 -2972897 1415.722 LQ 0.18 0.94

MDP020 -51633.8 -2972991 1320.675 MZQ 0.12 1.07

MDP020 -51633.8 -2972991 1320.675 MZQ 0.05 1.07

MDP019 -51523.9 -2973000 1326.746 MZQ 0.26 0.93

MDP019 -51523.9 -2973000 1349.746 LQ 0.12 1.00

MDP019 -51523.9 -2973000 1349.746 LQ 0.06 1.00

MDP008 -51630 -2973094 1342 MZQ 0.53 0.93

MDP008 -51630 -2973094 1342 MZQ 0.09 0.93

MDP008 -51630 -2973094 1342 MZQ 0.06 0.93

MDP008 -51630 -2973094 1342 MZQ 0.04 0.93

MDP008 -51630 -2973094 1365 LQ 0.60 0.99

MDP008 -51630 -2973094 1365 LQ 0.41 0.99

MDP008 -51630 -2973094 1365 LQ 0.23 0.99

MDP008 -51630 -2973094 1365 LQ 0.21 0.99

MDP008 -51630 -2973094 1365 LQ 0.20 0.99

MDP008 -51630 -2973094 1365 LQ 0.19 0.99

MDP008 -51630 -2973094 1365 LQ 0.17 0.99

MDP008 -51630 -2973094 1365 LQ 0.09 0.99

MDP008 -51630 -2973094 1365 LQ 0.07 0.99

MDP008 -51630 -2973094 1365 LQ 0.07 0.99

MDP008 -51630 -2973094 1365 LQ 0.07 0.99

MDP008 -51630 -2973094 1365 LQ 0.06 0.99

MDP008 -51630 -2973094 1365 LQ 0.06 0.99

MDP008 -51630 -2973094 1365 LQ 0.05 0.99

MDP008 -51630 -2973094 1365 LQ 0.05 0.99

MDP008 -51630 -2973094 1365 LQ 0.05 0.99

MDP008 -51630 -2973094 1365 LQ 0.05 0.99

MDP008 -51630 -2973094 1365 LQ 0.04 0.99

MDP008 -51630 -2973094 1365 LQ 0.03 0.99

MDP018 -51531.7 -2973099 1418 UQ 0.26 0.97

MDP018 -51531.7 -2973099 1418 UQ 0.06 0.97

MDP018 -51531.7 -2973099 1418 UQ 0.02 0.97

MDP018 -51531.7 -2973099 1382 MZQ 0.14 0.98

MDP018 -51531.7 -2973099 1382 MZQ 0.08 0.98

MDP018 -51531.7 -2973099 1417 MQ 0.29 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.16 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.11 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.05 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.04 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.04 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.03 1.04

MDP018 -51531.7 -2973099 1417 MQ 0.02 1.04

MDP018 -51531.7 -2973099 1402 LQ 0.58 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.34 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.16 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.16 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.11 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.09 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.07 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.05 1.00

MDP018 -51531.7 -2973099 1402 LQ 0.05 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP018 -51531.7 -2973099 1402 LQ 0.03 1.00

MDP013 -51650.3 -2973170 1406.273 MQ 0.09 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.06 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.05 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.05 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.04 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.03 1.01

MDP013 -51650.3 -2973170 1406.273 MQ 0.02 1.01

MDP013 -51650.3 -2973170 1391.273 LQ 0.34 1.02

MDP013 -51650.3 -2973170 1391.273 LQ 0.14 1.02

MDP013 -51650.3 -2973170 1391.273 LQ 0.11 1.02

MDP013 -51650.3 -2973170 1391.273 LQ 0.03 1.02

MDP013 -51650.3 -2973170 1391.273 LQ 0.03 1.02

MDP027 -50225.5 -2971484 1319.499 UQ 0.22 0.91

MDP027 -50225.8 -2971483 1317.209 MQ 0.14 1.14

MDP027 -50226 -2971483 1317.782 MQ 0.12 1.14

MDP027 -50227 -2971481 1310.553 LQ 1.17 0.81

MDP028 -50166.9 -2971409 1303.543 LQ 0.35 1.01

GB057 -49857.4 -2972041 1309.096 MZQ 0.53 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.38 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.38 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.32 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.31 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.28 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.28 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.25 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.23 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.21 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.19 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.17 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.13 1.02

GB057 -49857.4 -2972041 1309.096 MZQ 0.12 1.02

GB057 -49857.4 -2972041 1314.096 LQ 0.53 0.97

GB057 -49857.4 -2972041 1314.096 LQ 0.25 0.97

GB057 -49857.4 -2972041 1314.096 LQ 0.16 0.97

GB057 -49857.4 -2972041 1314.096 LQ 0.14 0.97

GB057 -49857.4 -2972041 1314.096 LQ 0.12 0.97

MDP065 -50074.2 -2971992 1260.943 UQ 0.38 0.97

MDP065 -50074.2 -2971992 1260.944 UQ 0.24 0.97

MDP065 -50074.2 -2971992 1260.942 UQ 0.14 0.97

MDP065 -50074.1 -2971992 1245.955 MZQ 0.12 1.00

MDP065 -50074.2 -2971992 1255.947 MQ 1.13 0.89

MDP065 -50074.2 -2971992 1255.951 MQ 0.72 0.89

MDP065 -50074.2 -2971992 1255.949 MQ 0.52 0.89

MDP065D1 -50075.7 -2971993 1255.995 MQ 0.43 0.96

MDP065 -50074.2 -2971992 1255.95 MQ 0.22 0.89

MDP065D1 -50075.7 -2971993 1255.995 MQ 0.20 0.96

MDP065D1 -50075.7 -2971993 1250.995 LQ 0.17 0.99

MDP072 -49911.9 -2971872 1200.332 MZQ 0.55 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.51 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.37 1.01

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.25 1.04

MDP072 -49911.9 -2971872 1200.332 MZQ 0.23 1.01

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.22 1.04

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

MDP072 -49911.9 -2971872 1200.332 MZQ 0.21 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP072 -49911.9 -2971872 1200.332 MZQ 0.14 1.01

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.13 1.04

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.11 1.04

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.10 1.04

MDP072D1 -49911.9 -2971874 1200.82 MZQ 0.08 1.04

MDP072 -49911.9 -2971872 1214.332 LQ 0.49 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.26 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.17 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.14 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.12 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.10 0.98

MDP072 -49911.9 -2971872 1214.332 LQ 0.01 0.98

MDP001D2 -49996 -2971493 1132.552 MZQ 0.38 1.41

MDP001 -49994.8 -2971493 1132.497 MZQ 0.17 0.24

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.553 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.553 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.553 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1162.552 LQ 0.51 0.99

MDP001D2 -49996 -2971493 1162.553 LQ 0.34 0.99

MDP001 -49994.8 -2971493 1162.497 LQ 0.09 1.01

GB050 -48875.7 -2971361 1403.798 UQ 0.35 1.08

GB050 -48875.7 -2971361 1403.798 UQ 0.13 1.08

GB053 -48855.9 -2971295 1345.71 MZQ 0.23 1.04

GB031 -48908.5 -2971335 1338.929 MZQ 0.16 1.02

GB031 -48908.5 -2971335 1338.929 MZQ 0.16 1.02

GB053 -48855.9 -2971295 1345.71 MZQ 0.15 1.04

GB053 -48855.9 -2971295 1345.71 MZQ 0.08 1.04

GB053 -48855.9 -2971295 1345.71 MZQ 0.08 1.04

GB031 -48908.5 -2971335 1338.929 MZQ 0.07 1.02

GB050 -48875.7 -2971361 1402.798 MQ 1.61 1.24

GB050 -48875.7 -2971361 1402.798 MQ 1.03 1.24

GB050 -48875.7 -2971361 1383.798 LQ 1.19 1.05

GB050 -48875.7 -2971361 1383.798 LQ 0.86 1.05

GB055 -48822.5 -2971247 1369.269 LQ 0.39 0.99

MDP064 -48882.6 -2971044 1296.65 MZQ 0.10 0.95

MDP064 -48882.6 -2971044 1296.65 MZQ 0.09 0.95

MDP064 -48882.6 -2971044 1296.65 MZQ 0.08 0.95

MDP064 -48882.6 -2971044 1310.65 LQ 0.32 1.00

MDP064 -48882.6 -2971044 1310.65 LQ 0.25 1.00

MDP064 -48882.6 -2971044 1310.65 LQ 0.16 1.00

MDP064 -48882.6 -2971044 1310.65 LQ 0.16 1.00

MDP064 -48882.6 -2971044 1310.65 LQ 0.15 1.00

MDP064 -48882.6 -2971044 1310.65 LQ 0.12 1.00

OBN068 -48599.6 -2969581 1330.575 MQ 0.28 1.03

OBN068 -48599.6 -2969581 1330.575 MQ 0.19 1.03

OBN068 -48599.6 -2969581 1320.575 LQ 1.30 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 1.30 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 1.18 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.99 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.94 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.83 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.77 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.70 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.36 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.26 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.19 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.18 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.16 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.13 1.01

OBN068 -48599.6 -2969581 1320.575 LQ 0.12 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

OBN067 -48600 -2969613 1314.896 LQ 1.29 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.72 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.52 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.41 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.34 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.32 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.30 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.29 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.27 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.24 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.24 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.22 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.22 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.17 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.17 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.16 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.11 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.11 1.00

OBN067 -48600 -2969613 1314.896 LQ 0.10 1.00

OBN031 -48495.1 -2969830 1309.96 MZQ 0.32 0.99

OBN074 -48495 -2969380 1315.873 LQ 0.17 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.11 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.11 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.10 1.01

OBN074 -48495 -2969380 1315.873 LQ 0.08 1.01

OBN072 -48495.1 -2969480 1318.218 MZQ 0.84 1.06

OBN072 -48495.1 -2969480 1322.438 MZQ 0.26 1.06

OBN072 -48495.1 -2969480 1323.493 MZQ 0.14 1.06

OBN072 -48495.1 -2969480 1353.341 LQ 0.19 1.01

OBN073 -48495 -2969430 1343.516 MZQ 0.12 1.01

OBN073 -48495 -2969430 1359.074 LQ 3.67 1.03

OBN073 -48495 -2969430 1359.074 LQ 1.80 1.03

OBN073 -48495 -2969430 1359.074 LQ 1.72 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.36 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.29 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.27 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.24 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.23 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.21 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.21 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.18 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.16 1.03

OBN073 -48495 -2969430 1359.074 LQ 0.15 1.03

OBN071 -48494.9 -2969529 1345.718 MZQ 0.53 1.02

OBN071 -48494.9 -2969529 1329.474 MZQ 0.36 1.02

OBN076 -48545.2 -2969480 1329.326 MZQ 0.32 1.00

OBN076 -48545.2 -2969480 1350.69 MQ 0.29 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.26 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.23 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.19 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.15 1.01

OBN076 -48545.2 -2969480 1350.69 MQ 0.13 1.01

OBN071 -48494.9 -2969529 1347.634 LQ 0.83 0.94

OBN076 -48545.2 -2969480 1340.69 LQ 0.32 1.00

OBN076 -48545.2 -2969480 1340.69 LQ 0.22 1.00

OBN076 -48545.2 -2969480 1340.69 LQ 0.22 1.00

OBN076 -48545.2 -2969480 1340.69 LQ 0.19 1.00

OBN076 -48545.2 -2969480 1340.69 LQ 0.19 1.00

OBN077 -48545 -2969530 1332.589 LQ 0.18 1.01

OBN077 -48545 -2969530 1332.589 LQ 0.16 1.01

OBN070 -48600.1 -2969518 1316.892 LQ 0.72 1.03

MDP006 -51737.5 -2973404 1391.041 LQ 0.02 0.98

MDP009 -51597.7 -2973291 1389.546 LQ 0.02 1.04

MDP008 -51630 -2973094 1352.005 LQ 0.03 0.99

MDP019 -51523.9 -2973000 1342.471 LQ 0.03 1.00

MDP008 -51630 -2973094 1344.07 LQ 0.03 0.99

MDP008 -51630 -2973094 1343.078 LQ 0.03 0.99

MDP012 -51734 -2973096 1362.057 LQ 0.03 1.00

MDP011 -51792.5 -2973302 1374.034 LQ 0.03 1.03

MDP009 -51597.7 -2973291 1391.631 LQ 0.03 1.04

MDP006 -51737.5 -2973404 1390.057 LQ 0.04 0.98

MDP008 -51630 -2973094 1352.997 LQ 0.04 0.99

MDP020 -51633.8 -2972991 1324.745 LQ 0.04 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP006 -51737.5 -2973404 1396.95 LQ 0.04 0.98

MDP008 -51630 -2973094 1345.062 LQ 0.04 0.99

MDP006 -51737.5 -2973404 1389.072 LQ 0.04 0.98

GB035 -48876.6 -2971229 1360.906 LQ 0.04 0.97

MDP012 -51734 -2973096 1366.043 LQ 0.04 1.00

MDP008 -51630 -2973094 1342.086 LQ 0.04 0.99

MDP012 -51734 -2973096 1363.054 LQ 0.04 1.00

MDP021 -51731.8 -2972992 1361.706 LQ 0.05 1.01

MDP008 -51630 -2973094 1346.054 LQ 0.05 0.99

MDP012 -51734 -2973096 1375.012 LQ 0.05 1.00

MDP012 -51734 -2973096 1360.064 LQ 0.05 1.00

MDP006 -51737.5 -2973404 1386.117 LQ 0.05 0.98

MDP006 -51737.5 -2973404 1388.087 LQ 0.05 0.98

MDP009 -51597.7 -2973291 1393.716 LQ 0.05 1.04

MDP012 -51734 -2973096 1359.068 LQ 0.05 1.00

MDP019 -51523.9 -2973000 1337.479 LQ 0.05 1.00

MDP020 -51633.8 -2972991 1326.765 LQ 0.06 1.01

GB028 -48974.2 -2971339 1351.777 LQ 0.06 1.04

GB035 -48876.6 -2971229 1363.813 LQ 0.06 0.97

GB031 -48908.5 -2971335 1352.442 LQ 0.06 1.00

MDP006 -51737.5 -2973404 1398.92 LQ 0.06 0.98

MDP006 -51737.5 -2973404 1392.026 LQ 0.07 0.98

MDP012 -51734 -2973096 1374.015 LQ 0.07 1.00

MDP012 -51734 -2973096 1369.033 LQ 0.07 1.00

MDP006 -51737.5 -2973404 1395.966 LQ 0.07 0.98

MDP012 -51734 -2973096 1373.019 LQ 0.07 1.00

MDP012 -51734 -2973096 1372.022 LQ 0.07 1.00

MDP012 -51734 -2973096 1371.026 LQ 0.07 1.00

MDP012 -51734 -2973096 1370.029 LQ 0.07 1.00

MDP012 -51734 -2973096 1358.071 LQ 0.07 1.00

MDP008 -51630 -2973094 1349.029 LQ 0.07 0.99

MDP011 -51792.5 -2973302 1376.09 LQ 0.08 1.03

MDP009 -51597.7 -2973291 1388.504 LQ 0.08 1.04

MDP009 -51597.7 -2973291 1387.461 LQ 0.08 1.04

MDP006 -51737.5 -2973404 1397.935 LQ 0.08 0.98

GB031 -48908.5 -2971335 1353.444 LQ 0.08 1.00

GB047 -49727.5 -2972031 1335.175 LQ 0.08 1.02

GB2N5 -48953.7 -2971430 1385.081 LQ 0.08 0.92

OBN052 -48445.7 -2969561 1364.718 LQ 0.08 0.97

OBN074 -48495 -2969380 1331.211 LQ 0.08 1.01

OBN074 -48495 -2969380 1330.201 LQ 0.08 1.01

OBN074 -48495 -2969380 1329.191 LQ 0.08 1.01

OBN074 -48495 -2969380 1328.181 LQ 0.08 1.01

OBN074 -48495 -2969380 1320.101 LQ 0.08 1.01

GB035 -48876.6 -2971229 1365.752 LQ 0.08 0.97

GB5N2 -49104.7 -2971516 1368.33 LQ 0.08 0.98

GB047 -49727.5 -2972031 1338.222 LQ 0.09 1.02

GB028 -48974.2 -2971339 1352.812 LQ 0.09 1.04

GB5N2 -49104.7 -2971516 1377.15 LQ 0.09 0.98

OBN069 -48599.7 -2969550 1329.096 LQ 0.09 1.00

OBN067 -48600 -2969613 1315.34 LQ 0.09 1.00

GB028 -48974.2 -2971339 1347.637 LQ 0.09 1.04

GB028 -48974.2 -2971339 1350.742 LQ 0.09 1.04

MDP012 -51734 -2973096 1364.05 LQ 0.09 1.00

MDP012 -51734 -2973096 1365.047 LQ 0.10 1.00

MDP012 -51734 -2973096 1368.036 LQ 0.10 1.00

MDP020 -51633.8 -2972991 1325.755 LQ 0.10 1.01

GB024 -49028.8 -2971438 1362.576 LQ 0.10 1.03

OBN086 -48547 -2969337 1318.138 LQ 0.10 1.00

GB055 -48822.5 -2971247 1347.182 LQ 0.10 0.99

GB034 -48879.4 -2971287 1358.681 LQ 0.10 0.92

OBN053 -48445.1 -2969593 1353.262 LQ 0.10 1.00

MDP012 -51734 -2973096 1356.078 LQ 0.10 1.00

GB055 -48822.5 -2971247 1348.168 LQ 0.10 0.99

GB031 -48908.5 -2971335 1349.434 LQ 0.10 1.00

GB028 -48974.2 -2971339 1349.707 LQ 0.10 1.04

OBN086 -48547 -2969337 1314.135 LQ 0.10 1.00

OBN070 -48600.1 -2969518 1327.795 LQ 0.10 1.03

OBN086 -48547 -2969337 1321.141 LQ 0.11 1.00

MDP008 -51630 -2973094 1347.046 LQ 0.11 0.99

OBN066 -48600 -2969645 1327.341 LQ 0.11 0.93

MDP005D1 -49658.6 -2971600 1215.745 LQ 0.11 1.02

GB047 -49727.5 -2972031 1344.314 LQ 0.11 1.02

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB047 -49727.5 -2972031 1337.206 LQ 0.11 1.02

MDP006 -51737.5 -2973404 1401.875 LQ 0.11 0.98

OBN086 -48547 -2969337 1309.13 LQ 0.11 1.00

GB029 -48908.5 -2971335 1357.588 LQ 0.11 1.00

OBN053 -48445.1 -2969593 1361.265 LQ 0.11 1.00

MDP020 -51633.8 -2972991 1328.785 LQ 0.11 1.01

OBN066 -48600 -2969645 1326.408 LQ 0.11 0.93

OBN074 -48495 -2969380 1332.221 LQ 0.11 1.01

OBN069 -48599.7 -2969550 1327.103 LQ 0.11 1.00

GB031 -48908.5 -2971335 1348.431 LQ 0.11 1.00

MDP011 -51792.5 -2973302 1371.977 LQ 0.12 1.03

OBN086 -48547 -2969337 1312.133 LQ 0.12 1.00

OBN053 -48445.1 -2969593 1362.265 LQ 0.12 1.00

GB029 -48908.5 -2971335 1358.591 LQ 0.12 1.00

GB029 -48908.5 -2971335 1356.585 LQ 0.12 1.00

GB029 -48908.5 -2971335 1355.582 LQ 0.12 1.00

GB055 -48822.5 -2971247 1349.153 LQ 0.12 0.99

OBN030 -48495 -2969830 1329.54 LQ 0.12 0.99

OBN074 -48495 -2969380 1335.251 LQ 0.12 1.01

OBN074 -48495 -2969380 1334.241 LQ 0.12 1.01

OBN074 -48495 -2969380 1333.231 LQ 0.12 1.01

WR157 -51840.1 -2973455 1391.575 LQ 0.12 1.05

OBN086 -48547 -2969337 1319.139 LQ 0.12 1.00

OBN074 -48495 -2969380 1322.121 LQ 0.12 1.01

GB5N2 -49104.7 -2971516 1373.23 LQ 0.12 0.98

GB5N2 -49104.7 -2971516 1374.21 LQ 0.13 0.98

OBN053 -48445.1 -2969593 1352.262 LQ 0.13 1.00

OBN074 -48495 -2969380 1316.061 LQ 0.13 1.01

GB047 -49727.5 -2972031 1340.252 LQ 0.13 1.02

GB029 -48908.5 -2971335 1359.594 LQ 0.13 1.00

OBN052 -48445.7 -2969561 1371.517 LQ 0.13 0.97

OBN070 -48600.1 -2969518 1321.64 LQ 0.13 1.03

MDP019 -51523.9 -2973000 1327.496 LQ 0.13 1.00

GB041 -49516.5 -2971924 1357.882 LQ 0.13 0.96

OBN086 -48547 -2969337 1317.137 LQ 0.14 1.00

GB035 -48876.6 -2971229 1367.69 LQ 0.14 0.97

GB035 -48876.6 -2971229 1362.844 LQ 0.14 0.97

GB2N5 -48953.7 -2971430 1385.998 LQ 0.14 0.92

MDP045 -51965.1 -2973594 1414.304 LQ 0.14 1.02

OBN053 -48445.1 -2969593 1354.262 LQ 0.14 1.00

GB047 -49727.5 -2972031 1339.237 LQ 0.14 1.02

GB5N2 -49104.7 -2971516 1369.31 LQ 0.14 0.98

OBN073 -48495 -2969430 1360.416 LQ 0.14 1.03

GB047 -49727.5 -2972031 1336.191 LQ 0.14 1.02

OBN070 -48600.1 -2969518 1326.769 LQ 0.14 1.03

OBN086 -48547 -2969337 1320.14 LQ 0.14 1.00

OBN086 -48547 -2969337 1322.142 LQ 0.14 1.00

OBN052 -48445.7 -2969561 1366.661 LQ 0.14 0.97

OBN069 -48599.7 -2969550 1325.111 LQ 0.14 1.00

WR148 -52128.6 -2973717 1397.44 LQ 0.14 0.98

MDP011 -51792.5 -2973302 1384.316 LQ 0.14 1.03

GB055 -48822.5 -2971247 1361.961 LQ 0.14 0.99

GB047 -49727.5 -2972031 1342.283 LQ 0.14 1.02

OBN053 -48445.1 -2969593 1358.264 LQ 0.15 1.00

GB055 -48822.5 -2971247 1352.109 LQ 0.15 0.99

OBN067 -48600 -2969613 1318.35 LQ 0.15 1.00

OBN069 -48599.7 -2969550 1333.08 LQ 0.15 1.00

OBN086 -48547 -2969337 1313.134 LQ 0.15 1.00

MDP012 -51734 -2973096 1357.075 LQ 0.15 1.00

WR129 -52160.1 -2973495 1413.733 LQ 0.15 0.98

OBN086 -48547 -2969337 1316.136 LQ 0.15 1.00

MDP009 -51597.7 -2973291 1392.674 LQ 0.15 1.04

GB034 -48879.4 -2971287 1359.601 LQ 0.15 0.92

GB055 -48822.5 -2971247 1355.065 LQ 0.15 0.99

OBN053 -48445.1 -2969593 1365.266 LQ 0.15 1.00

GB035 -48876.6 -2971229 1361.875 LQ 0.15 0.97

OBN074 -48495 -2969380 1327.171 LQ 0.15 1.01

OBN053 -48445.1 -2969593 1368.267 LQ 0.16 1.00

OBN069 -48599.7 -2969550 1326.107 LQ 0.16 1.00

GB5N2 -49104.7 -2971516 1371.27 LQ 0.16 0.98

GB029 -48908.5 -2971335 1360.597 LQ 0.16 1.00

GB2N5 -48953.7 -2971430 1388.748 LQ 0.16 0.92

GB2N5 -48953.7 -2971430 1387.831 LQ 0.16 0.92

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB2N5 -48953.7 -2971430 1386.914 LQ 0.16 0.92

OBN073 -48495 -2969430 1359.391 LQ 0.16 1.03

OBN074 -48495 -2969380 1318.081 LQ 0.16 1.01

OBN074 -48495 -2969380 1326.161 LQ 0.16 1.01

OBN074 -48495 -2969380 1324.141 LQ 0.16 1.01

OBN069 -48599.7 -2969550 1335.073 LQ 0.16 1.00

MDP009 -51597.7 -2973291 1394.759 LQ 0.16 1.04

MDP012 -51734 -2973096 1367.04 LQ 0.16 1.00

GB5N2 -49104.7 -2971516 1372.25 LQ 0.17 0.98

OBN074 -48495 -2969380 1323.131 LQ 0.17 1.01

OBN052 -48445.7 -2969561 1365.689 LQ 0.17 0.97

WR129 -52160.1 -2973495 1419.585 LQ 0.17 0.98

MDP008 -51630 -2973094 1351.013 LQ 0.17 0.99

OBN071 -48494.9 -2969529 1348.584 LQ 0.17 0.94

OBN053 -48445.1 -2969593 1367.267 LQ 0.17 1.00

OBN052 -48445.7 -2969561 1368.603 LQ 0.17 0.97

OBN074 -48495 -2969380 1325.151 LQ 0.17 1.01

GB055 -48822.5 -2971247 1358.02 LQ 0.18 0.99

OBN086 -48547 -2969337 1310.131 LQ 0.18 1.00

GB034 -48879.4 -2971287 1356.841 LQ 0.18 0.92

OBN027 -48497 -2969894 1348.931 LQ 0.18 1.00

OBN069 -48599.7 -2969550 1324.115 LQ 0.18 1.00

OBN031 -48495.1 -2969830 1346.387 LQ 0.18 1.02

WR129 -52160.1 -2973495 1420.56 LQ 0.18 0.98

GB5N2 -49104.7 -2971516 1367.35 LQ 0.18 0.98

OBN053 -48445.1 -2969593 1356.263 LQ 0.18 1.00

MDP045 -51965.1 -2973594 1408.212 LQ 0.18 1.02

OBN052 -48445.7 -2969561 1363.747 LQ 0.18 0.97

GB5N2 -49104.7 -2971516 1378.13 LQ 0.18 0.98

GB2N5 -48953.7 -2971430 1384.164 LQ 0.18 0.92

OBN053 -48445.1 -2969593 1363.266 LQ 0.19 1.00

OBN085 -48543.4 -2969379 1308.069 LQ 0.19 0.94

OBN086 -48547 -2969337 1315.136 LQ 0.19 1.00

MDP020 -51633.8 -2972991 1330.805 LQ 0.19 1.01

OBN070 -48600.1 -2969518 1325.743 LQ 0.19 1.03

OBN086 -48547 -2969337 1308.13 LQ 0.19 1.00

OBN053 -48445.1 -2969593 1360.265 LQ 0.19 1.00

OBN053 -48445.1 -2969593 1357.263 LQ 0.19 1.00

MDP005D1 -49658.6 -2971600 1213.697 LQ 0.20 1.02

MDP021 -51731.8 -2972992 1358.677 LQ 0.20 1.01

OBN069 -48599.7 -2969550 1334.077 LQ 0.20 1.00

MDP011 -51792.5 -2973302 1375.062 LQ 0.20 1.03

GB031 -48908.5 -2971335 1354.447 LQ 0.20 1.00

MDP045 -51965.1 -2973594 1407.197 LQ 0.20 1.02

MDP045 -51965.1 -2973594 1406.181 LQ 0.20 1.02

MDP020 -51633.8 -2972991 1337.875 LQ 0.20 1.01

GB035 -48876.6 -2971229 1364.783 LQ 0.20 0.97

OBN069 -48599.7 -2969550 1332.084 LQ 0.20 1.00

MDP044 -51902.4 -2973594 1398.779 LQ 0.21 1.00

GB053 -48855.9 -2971295 1352.374 LQ 0.21 1.00

OBN074 -48495 -2969380 1319.091 LQ 0.21 1.01

GB029 -48908.5 -2971335 1361.6 LQ 0.21 1.00

OBN052 -48445.7 -2969561 1372.489 LQ 0.21 0.97

MDP019 -51523.9 -2973000 1339.476 LQ 0.21 1.00

OBN031 -48495.1 -2969830 1341.293 LQ 0.21 1.02

OBN086 -48547 -2969337 1311.132 LQ 0.21 1.00

GB047 -49727.5 -2972031 1345.329 LQ 0.22 1.02

MDP019 -51523.9 -2973000 1338.478 LQ 0.22 1.00

WR129 -52160.1 -2973495 1406.906 LQ 0.22 0.98

GB055 -48822.5 -2971247 1359.991 LQ 0.22 0.99

GB055 -48822.5 -2971247 1346.197 LQ 0.22 0.99

GB055 -48822.5 -2971247 1359.006 LQ 0.22 0.99

WR112 -52060 -2973455 1411.86 LQ 0.22 1.05

WR112 -52060 -2973455 1408.725 LQ 0.22 1.05

GB025 -48982 -2971403 1365.59 LQ 0.22 1.10

MDP027A -50213 -2971511 1260.272 LQ 0.22 0.86

GB042 -49530.1 -2971910 1376.772 LQ 0.22 1.04

MDP011 -51792.5 -2973302 1370.949 LQ 0.22 1.03

WR129 -52160.1 -2973495 1414.708 LQ 0.23 0.98

OBN085 -48543.4 -2969379 1313.735 LQ 0.23 0.94

GB035 -48876.6 -2971229 1369.629 LQ 0.23 0.97

OBN066 -48600 -2969645 1328.273 LQ 0.23 0.93

WR129 -52160.1 -2973495 1415.684 LQ 0.23 0.98

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB023 -49129.5 -2971433 1345.037 LQ 0.23 1.06

OBN053 -48445.1 -2969593 1351.261 LQ 0.23 1.00

GB044 -49544.4 -2971933 1370.295 LQ 0.23 0.88

OBN031 -48495.1 -2969830 1337.218 LQ 0.23 1.02

WR112 -52060 -2973455 1410.815 LQ 0.24 1.05

GB042 -49530.1 -2971910 1372.628 LQ 0.24 1.04

GB5N2 -49104.7 -2971516 1375.19 LQ 0.24 0.98

MDP006 -51737.5 -2973404 1385.132 LQ 0.24 0.98

WR129 -52160.1 -2973495 1410.807 LQ 0.24 0.98

MDP039 -51803 -2973503 1402.96 LQ 0.24 0.98

OBN074 -48495 -2969380 1321.111 LQ 0.24 1.01

WR128 -52160.1 -2973515 1417.74 LQ 0.24 0.97

WR148 -52128.6 -2973717 1396.464 LQ 0.24 0.98

GB073 -48711.8 -2970890 1349.638 LQ 0.24 1.06

OBN069 -48599.7 -2969550 1336.069 LQ 0.24 1.00

MDP026 -50279.2 -2971583 1284.312 LQ 0.24 0.59

OBN070 -48600.1 -2969518 1322.666 LQ 0.24 1.03

OBN053 -48445.1 -2969593 1364.266 LQ 0.24 1.00

OBN069 -48599.7 -2969550 1328.099 LQ 0.25 1.00

GB047 -49727.5 -2972031 1341.268 LQ 0.25 1.02

GB029 -48908.5 -2971335 1362.603 LQ 0.25 1.00

GB042 -49530.1 -2971910 1368.485 LQ 0.25 1.04

GB042 -49530.1 -2971910 1371.592 LQ 0.25 1.04

GB028 -48974.2 -2971339 1348.672 LQ 0.25 1.04

GB029 -48908.5 -2971335 1363.606 LQ 0.25 1.00

WR129 -52160.1 -2973495 1409.832 LQ 0.25 0.98

OBN085 -48543.4 -2969379 1312.791 LQ 0.26 0.94

OBN031 -48495.1 -2969830 1342.312 LQ 0.26 1.02

GB055 -48822.5 -2971247 1360.976 LQ 0.26 0.99

GB034 -48879.4 -2971287 1360.521 LQ 0.26 0.92

WR112 -52060 -2973455 1409.77 LQ 0.26 1.05

GB024 -49028.8 -2971438 1361.542 LQ 0.27 1.03

OBN070 -48600.1 -2969518 1323.692 LQ 0.27 1.03

MDP044 -51902.4 -2973594 1399.774 LQ 0.27 1.00

WR129 -52160.1 -2973495 1416.659 LQ 0.27 0.98

MDP045 -51965.1 -2973594 1409.227 LQ 0.27 1.02

OBN053 -48445.1 -2969593 1370.268 LQ 0.27 1.00

OBN089 -48609.8 -2969350 1304.923 LQ 0.28 1.01

GB035 -48876.6 -2971229 1366.721 LQ 0.28 0.97

WR129 -52160.1 -2973495 1407.881 LQ 0.28 0.98

MDP045 -51965.1 -2973594 1403.135 LQ 0.28 1.02

GB055 -48822.5 -2971247 1356.05 LQ 0.28 0.99

GB041 -49516.5 -2971924 1358.842 LQ 0.28 0.96

OBN085 -48543.4 -2969379 1311.846 LQ 0.28 0.94

OBN069 -48599.7 -2969550 1320.13 LQ 0.28 1.00

GB031 -48908.5 -2971335 1351.439 LQ 0.28 1.00

OBN053 -48445.1 -2969593 1359.264 LQ 0.28 1.00

OBN053 -48445.1 -2969593 1366.267 LQ 0.28 1.00

MDP072D1 -49911.9 -2971874 1217.335 LQ 0.29 1.23

MDP006 -51737.5 -2973404 1399.905 LQ 0.29 0.98

GB044 -49544.4 -2971933 1372.049 LQ 0.29 0.88

OBN031 -48495.1 -2969830 1347.406 LQ 0.29 1.02

OBN031 -48495.1 -2969830 1345.368 LQ 0.29 1.02

MDP008 -51630 -2973094 1350.021 LQ 0.29 0.99

GB4N5 -48999 -2971385 1348.937 LQ 0.30 0.96

OBN053 -48445.1 -2969593 1355.263 LQ 0.30 1.00

WR129 -52160.1 -2973495 1418.61 LQ 0.30 0.98

OBN085 -48543.4 -2969379 1309.013 LQ 0.30 0.94

GB029 -48908.5 -2971335 1354.579 LQ 0.31 1.00

WR129 -52160.1 -2973495 1417.634 LQ 0.31 0.98

OBN035 -48495 -2969767 1346.33 LQ 0.31 1.02

OBN031 -48495.1 -2969830 1336.199 LQ 0.31 1.02

OBN052 -48445.7 -2969561 1367.632 LQ 0.31 0.97

OBN085 -48543.4 -2969379 1310.902 LQ 0.31 0.94

GB073 -48711.8 -2970890 1352.803 LQ 0.32 1.06

MDP045 -51965.1 -2973594 1402.12 LQ 0.32 1.02

MDP008 -51630 -2973094 1348.038 LQ 0.32 0.99

GB5N2 -49104.7 -2971516 1370.29 LQ 0.33 0.98

GB055 -48822.5 -2971247 1354.079 LQ 0.33 0.99

GB024 -49028.8 -2971438 1360.508 LQ 0.33 1.03

GB031 -48908.5 -2971335 1350.436 LQ 0.33 1.00

OBN071 -48494.9 -2969529 1347.641 LQ 0.33 0.94

OBN089 -48609.8 -2969350 1301.893 LQ 0.34 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB5N2 -49104.7 -2971516 1376.17 LQ 0.34 0.98

GB042 -49530.1 -2971910 1369.521 LQ 0.34 1.04

WR129 -52160.1 -2973495 1411.782 LQ 0.34 0.98

MDP020 -51633.8 -2972991 1339.895 LQ 0.35 1.01

MDP045 -51965.1 -2973594 1397.043 LQ 0.35 1.02

WR157 -51840.1 -2973455 1390.524 LQ 0.35 1.05

GB034 -48879.4 -2971287 1357.761 LQ 0.35 0.92

MDP045 -51965.1 -2973594 1400.089 LQ 0.35 1.02

OBN074 -48495 -2969380 1317.071 LQ 0.35 1.01

WR129 -52160.1 -2973495 1412.758 LQ 0.35 0.98

MDP009 -51597.7 -2973291 1390.589 LQ 0.35 1.04

MDP044 -51902.4 -2973594 1392.808 LQ 0.35 1.00

GB025 -48982 -2971403 1366.685 LQ 0.36 1.10

MDP064 -48882.6 -2971044 1310.889 LQ 0.36 1.00

OBN086 -48547 -2969337 1307.129 LQ 0.36 1.00

MDP072D1 -49911.9 -2971874 1218.56 LQ 0.36 1.23

GB031 -48908.5 -2971335 1346.425 LQ 0.36 1.00

MDP045 -51965.1 -2973594 1410.243 LQ 0.37 1.02

MDP022 -51823.8 -2972997 1382.895 LQ 0.37 1.37

OBN031 -48495.1 -2969830 1338.237 LQ 0.37 1.02

OBN070 -48600.1 -2969518 1319.588 LQ 0.37 1.03

GB073 -48711.8 -2970890 1351.748 LQ 0.37 1.06

GB073 -48711.8 -2970890 1350.693 LQ 0.38 1.06

OBN031 -48495.1 -2969830 1339.256 LQ 0.38 1.02

OBN085 -48543.4 -2969379 1309.958 LQ 0.38 0.94

OBN070 -48600.1 -2969518 1324.718 LQ 0.39 1.03

OBN089 -48609.8 -2969350 1303.913 LQ 0.39 1.01

GB055 -48822.5 -2971247 1357.035 LQ 0.39 0.99

GB031 -48908.5 -2971335 1355.45 LQ 0.40 1.00

MDP020 -51633.8 -2972991 1327.775 LQ 0.40 1.01

GB041 -49516.5 -2971924 1359.802 LQ 0.41 0.96

MDP006 -51737.5 -2973404 1393.011 LQ 0.41 0.98

GB042 -49530.1 -2971910 1370.557 LQ 0.41 1.04

GB055 -48822.5 -2971247 1350.138 LQ 0.41 0.99

GB023 -49129.5 -2971433 1343.98 LQ 0.42 1.06

GB041 -49516.5 -2971924 1355.962 LQ 0.43 0.96

MDP020 -51633.8 -2972991 1336.865 LQ 0.44 1.01

MDP020 -51633.8 -2972991 1335.855 LQ 0.44 1.01

MDP020 -51633.8 -2972991 1334.845 LQ 0.44 1.01

MDP020 -51633.8 -2972991 1333.835 LQ 0.44 1.01

MDP020 -51633.8 -2972991 1332.825 LQ 0.44 1.01

MDP020 -51633.8 -2972991 1331.815 LQ 0.44 1.01

GB042 -49530.1 -2971910 1374.7 LQ 0.44 1.04

WR157 -51840.1 -2973455 1388.422 LQ 0.45 1.05

MDP045 -51965.1 -2973594 1399.074 LQ 0.45 1.02

MDP020 -51633.8 -2972991 1329.795 LQ 0.45 1.01

MDP020 -51633.8 -2972991 1338.885 LQ 0.45 1.01

MDP045 -51965.1 -2973594 1413.289 LQ 0.45 1.02

GB042 -49530.1 -2971910 1373.664 LQ 0.45 1.04

MDP020 -51633.8 -2972991 1365.145 LQ 0.46 1.01

MDP064 -48882.6 -2971044 1333.92 LQ 0.46 1.00

GB053 -48855.9 -2971295 1351.377 LQ 0.46 1.00

GB055 -48822.5 -2971247 1351.123 LQ 0.47 0.99

WR129 -52160.1 -2973495 1408.856 LQ 0.47 0.98

WR128 -52160.1 -2973515 1405.186 LQ 0.48 0.97

OBN070 -48600.1 -2969518 1318.563 LQ 0.48 1.03

OBN030 -48495 -2969830 1328.553 LQ 0.48 0.99

GB031 -48908.5 -2971335 1347.428 LQ 0.49 1.00

GB044 -49544.4 -2971933 1371.172 LQ 0.49 0.88

MDP005D1 -49658.6 -2971600 1216.769 LQ 0.50 1.02

GB055 -48822.5 -2971247 1345.212 LQ 0.50 0.99

GB047 -49727.5 -2972031 1343.299 LQ 0.51 1.02

GB041 -49516.5 -2971924 1356.922 LQ 0.51 0.96

OBN052 -48445.7 -2969561 1370.546 LQ 0.51 0.97

GB041 -49516.5 -2971924 1361.722 LQ 0.52 0.96

GB023 -49129.5 -2971433 1342.923 LQ 0.54 1.06

MDP006 -51737.5 -2973404 1387.102 LQ 0.55 0.98

OBN035 -48495 -2969767 1344.298 LQ 0.55 1.02

GB055 -48822.5 -2971247 1353.094 LQ 0.57 0.99

OBN067 -48600 -2969613 1316.343 LQ 0.58 1.00

GB042 -49530.1 -2971910 1375.736 LQ 0.58 1.04

OBN069 -48599.7 -2969550 1323.119 LQ 0.59 1.00

OBN089 -48609.8 -2969350 1302.903 LQ 0.61 1.01

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP021 -51731.8 -2972992 1360.697 LQ 0.61 1.01

MDP045 -51965.1 -2973594 1401.104 LQ 0.63 1.02

OBN067 -48600 -2969613 1317.347 LQ 0.64 1.00

OBN035 -48495 -2969767 1342.266 LQ 0.64 1.02

OBN035 -48495 -2969767 1341.25 LQ 0.64 1.02

OBN035 -48495 -2969767 1340.234 LQ 0.64 1.02

OBN035 -48495 -2969767 1339.218 LQ 0.64 1.02

MDP005D1 -49658.6 -2971600 1217.793 LQ 0.64 1.02

GB041 -49516.5 -2971924 1355.002 LQ 0.64 0.96

WR157 -51840.1 -2973455 1389.473 LQ 0.65 1.05

OBN069 -48599.7 -2969550 1330.092 LQ 0.66 1.00

OBN053 -48445.1 -2969593 1369.268 LQ 0.66 1.00

OBN052 -48445.7 -2969561 1369.575 LQ 0.68 0.97

GB024 -49028.8 -2971438 1363.61 LQ 0.69 1.03

GB031 -48908.5 -2971335 1356.453 LQ 0.70 1.00

MDP021 -51731.8 -2972992 1365.745 LQ 0.70 1.01

MDP001 -49994.8 -2971493 1139.903 LQ 0.72 1.01

MDP045 -51965.1 -2973594 1411.258 LQ 0.72 1.02

OBN069 -48599.7 -2969550 1331.088 LQ 0.72 1.00

GB041 -49516.5 -2971924 1360.762 LQ 0.75 0.96

MDP001D2 -49996 -2971493 1138.545 LQ 0.76 0.99

OBN070 -48600.1 -2969518 1317.537 LQ 0.77 1.03

OBN028 -48446.9 -2969878 1355.58 LQ 0.80 1.06

OBN035 -48495 -2969767 1343.282 LQ 0.81 1.02

MDP006 -51737.5 -2973404 1394.981 LQ 0.82 0.98

GB035 -48876.6 -2971229 1368.659 LQ 0.82 0.97

MDP045 -51965.1 -2973594 1398.058 LQ 0.82 1.02

OBN069 -48599.7 -2969550 1318.138 LQ 0.83 1.00

GB048 -48921.1 -2971317 1339.306 LQ 0.84 0.71

MDP021 -51731.8 -2972992 1359.687 LQ 0.85 1.01

OBN069 -48599.7 -2969550 1322.122 LQ 0.86 1.00

OBN069 -48599.7 -2969550 1321.126 LQ 0.86 1.00

GB053 -48855.9 -2971295 1354.369 LQ 0.87 1.00

OBN031 -48495.1 -2969830 1344.349 LQ 0.92 1.02

MDP001D2 -49996 -2971493 1137.558 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1136.571 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1135.584 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1134.597 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1133.611 LQ 0.92 0.99

MDP001D2 -49996 -2971493 1132.624 LQ 0.92 0.99

MDP045 -51965.1 -2973594 1396.028 LQ 0.92 1.02

MDP045 -51965.1 -2973594 1415.319 LQ 1.00 1.02

OBN070 -48600.1 -2969518 1320.614 LQ 1.03 1.03

GB034 -48879.4 -2971287 1355.921 LQ 1.05 0.92

OBN031 -48495.1 -2969830 1340.274 LQ 1.06 1.02

MDP006 -51737.5 -2973404 1393.996 LQ 1.07 0.98

GB035 -48876.6 -2971229 1370.598 LQ 1.08 0.97

MDP011 -51792.5 -2973302 1373.005 LQ 1.09 1.03

OBN035 -48495 -2969767 1345.314 LQ 1.15 1.02

MDP006 -51737.5 -2973404 1400.89 LQ 1.16 0.98

OBN069 -48599.7 -2969550 1319.134 LQ 1.20 1.00

OBN031 -48495.1 -2969830 1343.331 LQ 1.24 1.02

OBN028 -48446.9 -2969878 1356.64 LQ 1.32 1.06

MDP045 -51965.1 -2973594 1412.273 LQ 1.36 1.02

GB053 -48855.9 -2971295 1353.372 LQ 1.38 1.00

MDP012 -51734 -2973096 1361.061 LQ 1.47 1.00

MDP011 -51792.5 -2973302 1369.921 LQ 1.51 1.03

GB024 -49028.8 -2971438 1364.644 LQ 1.71 1.03

MDP005D1 -49658.6 -2971600 1214.721 LQ 1.84 1.02

GB064 -49866.8 -2972124 1349.512 LQ 1.97 1.14

OBN035 -48495 -2969767 1338.202 LQ 2.07 1.02

MDP008 -51630 -2973094 1356.964 LQ 4.45 0.99

GB064 -49866.8 -2972124 1348.377 LQ 5.20 1.14

MDP014 -51836.1 -2973083 1385.402 MQ 0.02 1.01

MDP012 -51734 -2973096 1377.205 MQ 0.02 1.02

MDP014 -51836.1 -2973083 1383.381 MQ 0.02 1.01

MDP012 -51734 -2973096 1376.188 MQ 0.02 1.02

MDP012 -51734 -2973096 1389.405 MQ 0.02 1.02

MDP014 -51836.1 -2973083 1378.33 MQ 0.02 1.01

MDP014 -51836.1 -2973083 1379.34 MQ 0.02 1.01

MDP012 -51734 -2973096 1387.372 MQ 0.03 1.02

MDP011 -51792.5 -2973302 1405.176 MQ 0.03 0.98

MDP012 -51734 -2973096 1381.272 MQ 0.03 1.02

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP027A -50212.5 -2971512 1266.822 MQ 0.03 1.04

MDP014 -51836.1 -2973083 1384.391 MQ 0.03 1.01

MDP012 -51734 -2973096 1386.355 MQ 0.03 1.02

MDP012 -51734 -2973096 1379.238 MQ 0.03 1.02

MDP011 -51792.5 -2973302 1406.159 MQ 0.03 0.98

MDP012 -51734 -2973096 1382.288 MQ 0.03 1.02

MDP012 -51734 -2973096 1388.388 MQ 0.03 1.02

MDP001 -49994.8 -2971493 1147.526 MQ 0.03 0.96

MDP019 -51523.9 -2973000 1358.122 MQ 0.03 1.00

MDP014 -51836.1 -2973083 1386.412 MQ 0.03 1.01

MDP001D2 -49996 -2971493 1146.392 MQ 0.03 0.96

MDP008 -51630 -2973094 1359.835 MQ 0.03 1.15

MDP027A -50212.4 -2971512 1267.852 MQ 0.03 1.04

MDP012 -51734 -2973096 1378.222 MQ 0.04 1.02

MDP072D1 -49911.9 -2971874 1223.837 MQ 0.04 1.12

MDP001D2 -49996 -2971493 1147.355 MQ 0.04 0.96

MDP021 -51731.8 -2972992 1368.77 MQ 0.04 0.87

MDP014 -51836.1 -2973083 1380.35 MQ 0.04 1.01

MDP008 -51630 -2973094 1360.985 MQ 0.04 1.15

MDP072D1 -49911.9 -2971874 1222.72 MQ 0.04 1.12

MDP012 -51734 -2973096 1385.338 MQ 0.04 1.02

MDP001 -49994.8 -2971493 1146.564 MQ 0.04 0.96

MDP012 -51734 -2973096 1383.305 MQ 0.05 1.02

MDP026 -50277.5 -2971583 1288.911 MQ 0.05 1.00

MDP015 -51931.1 -2973095 1394.493 MQ 0.05 1.01

MDP026 -50277.1 -2971583 1289.838 MQ 0.05 1.00

MDP001D2 -49996 -2971493 1143.506 MQ 0.05 0.96

GB057 -49857.4 -2972041 1315.283 MQ 0.05 1.17

MDP011 -51792.5 -2973302 1404.193 MQ 0.06 0.98

MDP021 -51731.8 -2972992 1367.903 MQ 0.06 0.87

MDP015 -51931.1 -2973095 1399.529 MQ 0.07 1.01

MDP001D2 -49996 -2971493 1145.43 MQ 0.07 0.96

MDP014 -51836.1 -2973083 1382.371 MQ 0.08 1.01

MDP019 -51523.9 -2973000 1344.178 MQ 0.08 1.00

OBN067 -48600 -2969613 1321.136 MQ 0.08 1.00

MDP021 -51731.8 -2972992 1369.637 MQ 0.09 0.87

MDP001D2 -49996 -2971493 1144.468 MQ 0.09 0.96

MDP014 -51836.1 -2973083 1381.361 MQ 0.09 1.01

MDP020 -51633.8 -2972991 1366.395 MQ 0.09 1.19

MDP008 -51630 -2973094 1358.685 MQ 0.09 1.15

MDP026 -50276.8 -2971583 1290.764 MQ 0.09 1.00

OBN070 -48600.1 -2969518 1332.307 MQ 0.09 1.09

OBN076 -48545.2 -2969480 1345.674 MQ 0.10 1.01

MDP012 -51734 -2973096 1384.322 MQ 0.10 1.02

OBN067 -48600 -2969613 1320.14 MQ 0.10 1.00

GB088 -48906.4 -2971131 1343.495 MQ 0.10 0.97

GB088 -48906.4 -2971131 1340.585 MQ 0.10 0.97

OBN076 -48545.2 -2969480 1341.629 MQ 0.10 1.01

GB057 -49857.4 -2972041 1316.453 MQ 0.10 1.17

GB088 -48906.4 -2971131 1341.555 MQ 0.10 0.97

OBN076 -48545.2 -2969480 1355.785 MQ 0.11 1.01

MDP001D2 -49996 -2971493 1142.544 MQ 0.11 0.96

OBN068 -48599.6 -2969581 1321.488 MQ 0.11 1.03

MDP001 -49994.8 -2971493 1144.642 MQ 0.11 0.96

MDP001 -49994.8 -2971493 1143.68 MQ 0.12 0.96

MDP033 -51833.6 -2972897 1400.997 MQ 0.12 1.05

OBN076 -48545.2 -2969480 1356.796 MQ 0.12 1.01

MDP015 -51931.1 -2973095 1400.536 MQ 0.12 1.01

MDP072D1 -49911.9 -2971874 1224.954 MQ 0.12 1.12

MDP001 -49994.8 -2971493 1145.603 MQ 0.12 0.96

OBN026 -48479 -2969920 1351.55 MQ 0.12 1.02

GB088 -48906.4 -2971131 1342.525 MQ 0.12 0.97

GB088 -48906.4 -2971131 1344.465 MQ 0.13 0.97

GB047 -49727.5 -2972031 1349.022 MQ 0.13 1.05

OBN085 -48543.4 -2969379 1315.697 MQ 0.14 0.99

MDP027A -50212.6 -2971512 1265.791 MQ 0.14 1.04

GB044 -49544.4 -2971933 1374.366 MQ 0.14 1.01

OBN076 -48545.2 -2969480 1354.774 MQ 0.14 1.01

GB025 -48982 -2971403 1371.999 MQ 0.14 1.02

OBN076 -48545.2 -2969480 1346.685 MQ 0.14 1.01

GB025 -48982 -2971403 1370.981 MQ 0.14 1.02

OBN067 -48600 -2969613 1325.12 MQ 0.14 1.00

OBN086 -48547 -2969337 1323.137 MQ 0.14 0.99

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

WR128 -52160.1 -2973515 1418.714 MQ 0.15 0.98

OBN070 -48600.1 -2969518 1331.213 MQ 0.15 1.09

OBN026 -48479 -2969920 1352.568 MQ 0.15 1.02

OBN086 -48547 -2969337 1324.128 MQ 0.15 0.99

WR128 -52160.1 -2973515 1421.657 MQ 0.15 0.98

GB028 -48974.2 -2971339 1355.989 MQ 0.16 1.14

MDP072 -49911.9 -2971872 1223.387 MQ 0.16 1.03

OBN076 -48545.2 -2969480 1352.751 MQ 0.16 1.01

MDP027A -50212.4 -2971512 1268.882 MQ 0.16 1.04

WR112 -52060 -2973455 1415.921 MQ 0.16 1.01

MDP027A -50212.2 -2971513 1270.943 MQ 0.16 1.04

WR148 -52128.6 -2973717 1413.428 MQ 0.16 1.00

WR148 -52128.6 -2973717 1412.428 MQ 0.16 1.00

OBN076 -48545.2 -2969480 1344.663 MQ 0.16 1.01

OBN077 -48545 -2969530 1337.377 MQ 0.16 1.07

OBN085 -48543.4 -2969379 1319.671 MQ 0.17 0.99

OBN076 -48545.2 -2969480 1353.763 MQ 0.17 1.01

OBN068 -48599.6 -2969581 1322.518 MQ 0.17 1.03

OBN077 -48545 -2969530 1335.245 MQ 0.17 1.07

OBN068 -48599.6 -2969581 1324.578 MQ 0.17 1.03

WR148 -52128.6 -2973717 1414.428 MQ 0.17 1.00

OBN070 -48600.1 -2969518 1329.025 MQ 0.17 1.09

WR128 -52160.1 -2973515 1419.695 MQ 0.18 0.98

GB028 -48974.2 -2971339 1357.129 MQ 0.18 1.14

MDP072 -49911.9 -2971872 1219.267 MQ 0.18 1.03

WR148 -52128.6 -2973717 1420.428 MQ 0.18 1.00

MDP026 -50277.8 -2971583 1287.985 MQ 0.18 1.00

WR125 -52140 -2973475 1403.637 MQ 0.18 0.97

GB023 -49129.5 -2971433 1350.13 MQ 0.19 0.53

WR148 -52128.6 -2973717 1419.428 MQ 0.19 1.00

OBN086 -48547 -2969337 1325.119 MQ 0.19 0.99

OBN085 -48543.4 -2969379 1317.684 MQ 0.19 0.99

WR125 -52140 -2973475 1401.705 MQ 0.19 0.97

OBN076 -48545.2 -2969480 1357.807 MQ 0.20 1.01

OBN077 -48545 -2969530 1336.311 MQ 0.20 1.07

GB048 -48921.1 -2971317 1344.72 MQ 0.21 0.97

WR128 -52160.1 -2973515 1420.676 MQ 0.21 0.98

OBN076 -48545.2 -2969480 1342.64 MQ 0.21 1.01

OBN085 -48543.4 -2969379 1316.691 MQ 0.21 0.99

GB025 -48982 -2971403 1373.017 MQ 0.21 1.02

GB044 -49544.4 -2971933 1373.36 MQ 0.21 1.01

MDP001 -49994.8 -2971493 1142.719 MQ 0.21 0.96

GB048 -48921.1 -2971317 1345.691 MQ 0.21 0.97

GB048 -48921.1 -2971317 1346.662 MQ 0.22 0.97

OBN085 -48543.4 -2969379 1314.704 MQ 0.22 0.99

GB029 -48908.5 -2971335 1365.685 MQ 0.22 0.98

OBN067 -48600 -2969613 1324.124 MQ 0.22 1.00

MDP001 -49994.8 -2971493 1148.487 MQ 0.22 0.96

MDP072 -49911.9 -2971872 1220.297 MQ 0.23 1.03

OBN070 -48600.1 -2969518 1333.401 MQ 0.23 1.09

WR157 -51840.1 -2973455 1406.539 MQ 0.23 0.97

WR128 -52160.1 -2973515 1422.638 MQ 0.23 0.98

OBN077 -48545 -2969530 1333.113 MQ 0.24 1.07

OBN068 -48599.6 -2969581 1326.638 MQ 0.24 1.03

WR112 -52060 -2973455 1412.888 MQ 0.24 1.01

MDP015 -51931.1 -2973095 1398.522 MQ 0.24 1.01

MDP046 -52118.2 -2973635 1409.501 MQ 0.24 1.00

OBN086 -48547 -2969337 1326.11 MQ 0.24 0.99

WR148 -52128.6 -2973717 1418.428 MQ 0.25 1.00

MDP072 -49911.9 -2971872 1218.237 MQ 0.26 1.03

WR112 -52060 -2973455 1413.899 MQ 0.26 1.01

GB024 -49028.8 -2971438 1371.339 MQ 0.26 1.00

OBN071 -48494.9 -2969529 1349.569 MQ 0.26 1.03

MDP011 -51792.5 -2973302 1386.501 MQ 0.26 0.98

WR148 -52128.6 -2973717 1421.428 MQ 0.27 1.00

WR157 -51840.1 -2973455 1408.473 MQ 0.27 0.97

GB025 -48982 -2971403 1376.071 MQ 0.27 1.02

OBN085 -48543.4 -2969379 1320.665 MQ 0.27 0.99

GB044 -49544.4 -2971933 1379.398 MQ 0.27 1.01

GB025 -48982 -2971403 1375.053 MQ 0.28 1.02

WR157 -51840.1 -2973455 1407.506 MQ 0.28 0.97

OBN076 -48545.2 -2969480 1351.74 MQ 0.28 1.01

OBN070 -48600.1 -2969518 1330.119 MQ 0.28 1.09

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP015 -51931.1 -2973095 1395.5 MQ 0.28 1.01

GB044 -49544.4 -2971933 1375.373 MQ 0.28 1.01

GB029 -48908.5 -2971335 1369.585 MQ 0.29 0.98

WR148 -52128.6 -2973717 1415.428 MQ 0.30 1.00

OBN067 -48600 -2969613 1322.132 MQ 0.31 1.00

OBN071 -48494.9 -2969529 1350.596 MQ 0.31 1.03

OBN076 -48545.2 -2969480 1358.818 MQ 0.32 1.01

OBN076 -48545.2 -2969480 1361.851 MQ 0.32 1.01

OBN085 -48543.4 -2969379 1318.678 MQ 0.32 0.99

GB024 -49028.8 -2971438 1370.337 MQ 0.33 1.00

WR148 -52128.6 -2973717 1416.428 MQ 0.33 1.00

GB029 -48908.5 -2971335 1370.56 MQ 0.33 0.98

OBN076 -48545.2 -2969480 1343.651 MQ 0.34 1.01

OBN076 -48545.2 -2969480 1360.84 MQ 0.34 1.01

GB048 -48921.1 -2971317 1343.748 MQ 0.34 0.97

GB025 -48982 -2971403 1380.143 MQ 0.34 1.02

WR148 -52128.6 -2973717 1417.428 MQ 0.34 1.00

OBN068 -48599.6 -2969581 1325.608 MQ 0.35 1.03

GB025 -48982 -2971403 1374.035 MQ 0.36 1.02

GB029 -48908.5 -2971335 1366.66 MQ 0.36 0.98

WR125 -52140 -2973475 1402.671 MQ 0.36 0.97

GB025 -48982 -2971403 1377.089 MQ 0.36 1.02

OBN067 -48600 -2969613 1323.128 MQ 0.38 1.00

OBN068 -48599.6 -2969581 1323.548 MQ 0.40 1.03

GB048 -48921.1 -2971317 1342.777 MQ 0.40 0.97

GB044 -49544.4 -2971933 1377.385 MQ 0.40 1.01

GB044 -49544.4 -2971933 1378.391 MQ 0.40 1.01

OBN076 -48545.2 -2969480 1350.729 MQ 0.41 1.01

GB025 -48982 -2971403 1378.107 MQ 0.49 1.02

GB024 -49028.8 -2971438 1369.336 MQ 0.50 1.00

GB029 -48908.5 -2971335 1368.61 MQ 0.52 0.98

MDP027A -50212.3 -2971512 1269.913 MQ 0.53 1.04

GB034 -48879.4 -2971287 1365.034 MQ 0.54 1.09

OBN076 -48545.2 -2969480 1359.829 MQ 0.55 1.01

WR112 -52060 -2973455 1414.91 MQ 0.56 1.01

OBN076 -48545.2 -2969480 1347.696 MQ 0.56 1.01

GB029 -48908.5 -2971335 1367.635 MQ 0.58 0.98

GB048 -48921.1 -2971317 1348.605 MQ 0.59 0.97

GB024 -49028.8 -2971438 1368.335 MQ 0.59 1.00

MDP012 -51734 -2973096 1380.255 MQ 0.60 1.02

GB024 -49028.8 -2971438 1373.342 MQ 0.61 1.00

GB025 -48982 -2971403 1379.125 MQ 0.61 1.02

OBN077 -48545 -2969530 1334.179 MQ 0.63 1.07

OBN076 -48545.2 -2969480 1348.707 MQ 0.66 1.01

GB044 -49544.4 -2971933 1376.379 MQ 0.67 1.01

GB024 -49028.8 -2971438 1367.333 MQ 0.68 1.00

GB041 -49516.5 -2971924 1363.157 MQ 0.68 1.23

GB024 -49028.8 -2971438 1372.34 MQ 0.72 1.00

GB024 -49028.8 -2971438 1374.343 MQ 0.76 1.00

OBN076 -48545.2 -2969480 1349.718 MQ 0.79 1.01

GB024 -49028.8 -2971438 1375.345 MQ 0.80 1.00

OBN071 -48494.9 -2969529 1351.623 MQ 0.80 1.03

MDP015 -51931.1 -2973095 1397.515 MQ 0.81 1.01

MDP015 -51931.1 -2973095 1396.507 MQ 0.97 1.01

MDP001D2 -49996 -2971493 1140.619 MQ 0.97 0.96

MDP072 -49911.9 -2971872 1221.327 MQ 1.08 1.03

GB034 -48879.4 -2971287 1366.119 MQ 1.25 1.09

GB024 -49028.8 -2971438 1366.332 MQ 1.26 1.00

MDP001D2 -49996 -2971493 1141.581 MQ 1.61 0.96

MDP022 -51823.8 -2972997 1384.115 MQ 1.93 0.35

MDP072 -49911.9 -2971872 1222.357 MQ 2.37 1.03

MDP001D2 -49996 -2971493 1148.317 MQ 2.62 0.96

MDP011 -51792.5 -2973302 1403.21 MQ 4.32 0.98

GB048 -48921.1 -2971317 1347.634 MQ 4.60 0.97

GB064 -49866.8 -2972124 1351.609 MQ 4.77 0.84

GB064 -49866.8 -2972124 1350.769 MQ 5.00 0.84

MDP012 -51734 -2973096 1354.12 MZQ 0.02 0.84

MDP004D1 -49944 -2971789 1196.731 MZQ 0.03 1.02

MDP004 -49943 -2971789 1198.221 MZQ 0.04 1.00

MDP005 -49657.6 -2971600 1221.688 MZQ 0.04 0.97

GB035 -48876.6 -2971229 1348.981 MZQ 0.06 0.92

MDP005 -49657.6 -2971600 1220.714 MZQ 0.06 0.97

MDP012 -51734 -2973096 1353.28 MZQ 0.06 0.84

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

GB031 -48908.5 -2971335 1339.993 MZQ 0.07 1.02

GB031 -48908.5 -2971335 1338.969 MZQ 0.07 1.02

OBN030 -48495 -2969830 1323.775 MZQ 0.08 0.98

MDP039 -51803 -2973503 1390.699 MZQ 0.08 1.03

MDP044 -51902.4 -2973594 1391.503 MZQ 0.08 1.09

MDP005 -49657.6 -2971600 1214.871 MZQ 0.09 0.97

MDP039 -51803 -2973503 1386.584 MZQ 0.09 1.03

OBN052 -48445.7 -2969561 1356.872 MZQ 0.09 0.98

MDP039 -51803 -2973503 1391.727 MZQ 0.10 1.03

GB028 -48974.2 -2971339 1344.424 MZQ 0.11 0.96

GB088 -48906.4 -2971131 1339.385 MZQ 0.11 1.37

OBN050 -48495.2 -2969577 1352.236 MZQ 0.11 1.00

GB028 -48974.2 -2971339 1343.466 MZQ 0.12 0.96

MDP020 -51633.8 -2972991 1322.675 MZQ 0.12 1.07

OBN050 -48495.2 -2969577 1349.226 MZQ 0.12 1.00

MDP009 -51597.7 -2973291 1385.35 MZQ 0.13 0.96

GB027 -48942 -2971363 1359.832 MZQ 0.13 1.00

MDP039 -51803 -2973503 1387.613 MZQ 0.13 1.03

GB028 -48974.2 -2971339 1342.508 MZQ 0.13 0.96

GB042 -49530.1 -2971910 1361.299 MZQ 0.13 0.98

MDP020 -51633.8 -2972991 1321.605 MZQ 0.13 1.07

OBN052 -48445.7 -2969561 1362.77 MZQ 0.13 0.98

GB2N5 -48953.7 -2971430 1363.993 MZQ 0.14 0.97

GB035 -48876.6 -2971229 1351.741 MZQ 0.14 0.92

OBN050 -48495.2 -2969577 1350.23 MZQ 0.14 1.00

GB027 -48942 -2971363 1355.813 MZQ 0.14 1.00

GB028 -48974.2 -2971339 1345.382 MZQ 0.14 0.96

GB2N5 -48953.7 -2971430 1378.614 MZQ 0.14 0.97

OBN052 -48445.7 -2969561 1355.889 MZQ 0.15 0.98

MDP039 -51803 -2973503 1389.67 MZQ 0.15 1.03

GB027 -48942 -2971363 1365.859 MZQ 0.15 1.00

MDP026 -50279.6 -2971583 1283.331 MZQ 0.15 0.96

GB027 -48942 -2971363 1364.855 MZQ 0.15 1.00

GB031 -48908.5 -2971335 1342.042 MZQ 0.15 1.02

OBN052 -48445.7 -2969561 1354.906 MZQ 0.16 0.98

GB4N5 -48999 -2971385 1346.285 MZQ 0.16 0.89

GB042 -49530.1 -2971910 1367.205 MZQ 0.16 0.98

GB059 -49819.1 -2972087 1341.883 MZQ 0.16 1.08

GB2N5 -48953.7 -2971430 1367.892 MZQ 0.16 0.97

GB2N5 -48953.7 -2971430 1364.968 MZQ 0.16 0.97

OBN030 -48495 -2969830 1324.758 MZQ 0.16 0.98

GB2N5 -48953.7 -2971430 1376.665 MZQ 0.17 0.97

OBN052 -48445.7 -2969561 1358.838 MZQ 0.17 0.98

MDP005 -49657.6 -2971600 1218.767 MZQ 0.17 0.97

GB042 -49530.1 -2971910 1360.314 MZQ 0.18 0.98

MDP045 -51965.1 -2973594 1386.694 MZQ 0.18 1.00

MDP039 -51803 -2973503 1392.756 MZQ 0.19 1.03

GB025 -48982 -2971403 1361.903 MZQ 0.19 0.94

GB027 -48942 -2971363 1356.818 MZQ 0.20 1.00

OBN035 -48495 -2969767 1335.302 MZQ 0.20 0.99

WR157 -51840.1 -2973455 1381.768 MZQ 0.20 1.04

OBN050 -48495.2 -2969577 1347.22 MZQ 0.21 1.00

GB059 -49819.1 -2972087 1342.96 MZQ 0.21 1.08

GB042 -49530.1 -2971910 1358.345 MZQ 0.21 0.98

GB031 -48908.5 -2971335 1341.018 MZQ 0.21 1.02

GB2N5 -48953.7 -2971430 1366.917 MZQ 0.22 0.97

GB025 -48982 -2971403 1358.151 MZQ 0.22 0.94

MDP006 -51737.5 -2973404 1378.568 MZQ 0.22 1.24

GB2N5 -48953.7 -2971430 1373.74 MZQ 0.22 0.97

GB027 -48942 -2971363 1366.864 MZQ 0.23 1.00

GB2N5 -48953.7 -2971430 1369.842 MZQ 0.23 0.97

GB2N5 -48953.7 -2971430 1377.639 MZQ 0.23 0.97

GB4N5 -48999 -2971385 1345.4 MZQ 0.23 0.89

MDP005 -49657.6 -2971600 1212.923 MZQ 0.23 0.97

OBN035 -48495 -2969767 1336.29 MZQ 0.23 0.99

MDP045 -51965.1 -2973594 1394.671 MZQ 0.24 1.00

GB2N5 -48953.7 -2971430 1365.943 MZQ 0.24 0.97

GB035 -48876.6 -2971229 1352.661 MZQ 0.24 0.92

GB2N5 -48953.7 -2971430 1368.867 MZQ 0.24 0.97

MDP045 -51965.1 -2973594 1392.677 MZQ 0.24 1.00

GB027 -48942 -2971363 1354.809 MZQ 0.24 1.00

OBN052 -48445.7 -2969561 1353.923 MZQ 0.25 0.98

GB027 -48942 -2971363 1361.841 MZQ 0.26 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP044 -51902.4 -2973594 1387.127 MZQ 0.26 1.09

GB027 -48942 -2971363 1358.827 MZQ 0.27 1.00

GB2N5 -48953.7 -2971430 1370.816 MZQ 0.27 0.97

MDP022 -51823.8 -2972997 1381.703 MZQ 0.27 1.01

GB035 -48876.6 -2971229 1349.901 MZQ 0.28 0.92

GB027 -48942 -2971363 1360.836 MZQ 0.28 1.00

OBN050 -48495.2 -2969577 1348.223 MZQ 0.28 1.00

MDP039 -51803 -2973503 1393.784 MZQ 0.28 1.03

GB042 -49530.1 -2971910 1357.361 MZQ 0.29 0.98

GB024 -49028.8 -2971438 1351.462 MZQ 0.29 0.96

GB027 -48942 -2971363 1369.878 MZQ 0.30 1.00

GB2N5 -48953.7 -2971430 1372.766 MZQ 0.30 0.97

MDP005 -49657.6 -2971600 1217.793 MZQ 0.31 0.97

WR157 -51840.1 -2973455 1380.727 MZQ 0.31 1.04

MDP005 -49657.6 -2971600 1215.845 MZQ 0.31 0.97

OBN052 -48445.7 -2969561 1361.787 MZQ 0.32 0.98

OBN052 -48445.7 -2969561 1360.804 MZQ 0.32 0.98

OBN050 -48495.2 -2969577 1351.233 MZQ 0.32 1.00

WR157 -51840.1 -2973455 1385.934 MZQ 0.33 1.04

OBN050 -48495.2 -2969577 1353.24 MZQ 0.33 1.00

GB044 -49544.4 -2971933 1368.791 MZQ 0.34 1.05

GB024 -49028.8 -2971438 1355.309 MZQ 0.34 0.96

MDP039 -51803 -2973503 1388.641 MZQ 0.35 1.03

GB027 -48942 -2971363 1362.845 MZQ 0.36 1.00

GB035 -48876.6 -2971229 1350.821 MZQ 0.37 0.92

OBN031 -48495.1 -2969830 1334.983 MZQ 0.37 0.99

MDP005D1 -49658.6 -2971600 1208.842 MZQ 0.37 1.01

GB044 -49544.4 -2971933 1367.74 MZQ 0.37 1.05

GB2N5 -48953.7 -2971430 1371.791 MZQ 0.38 0.97

GB027 -48942 -2971363 1363.85 MZQ 0.39 1.00

GB4N5 -48999 -2971385 1343.63 MZQ 0.39 0.89

WR157 -51840.1 -2973455 1384.892 MZQ 0.40 1.04

MDP005 -49657.6 -2971600 1213.897 MZQ 0.40 0.97

OBN052 -48445.7 -2969561 1357.855 MZQ 0.41 0.98

GB025 -48982 -2971403 1359.089 MZQ 0.41 0.94

GB024 -49028.8 -2971438 1353.385 MZQ 0.41 0.96

GB044 -49544.4 -2971933 1365.636 MZQ 0.42 1.05

GB042 -49530.1 -2971910 1364.252 MZQ 0.43 0.98

GB4N5 -48999 -2971385 1344.515 MZQ 0.44 0.89

GB044 -49544.4 -2971933 1364.585 MZQ 0.44 1.05

GB024 -49028.8 -2971438 1354.347 MZQ 0.47 0.96

GB042 -49530.1 -2971910 1363.267 MZQ 0.47 0.98

OBN053 -48445.1 -2969593 1350.091 MZQ 0.47 0.88

GB042 -49530.1 -2971910 1366.22 MZQ 0.48 0.98

WR157 -51840.1 -2973455 1386.975 MZQ 0.48 1.04

MDP045 -51965.1 -2973594 1393.674 MZQ 0.49 1.00

GB027 -48942 -2971363 1367.869 MZQ 0.49 1.00

GB2N5 -48953.7 -2971430 1375.69 MZQ 0.50 0.97

GB024 -49028.8 -2971438 1356.27 MZQ 0.51 0.96

GB2N5 -48953.7 -2971430 1379.589 MZQ 0.51 0.97

OBN031 -48495.1 -2969830 1333.988 MZQ 0.52 0.99

MDP005D1 -49658.6 -2971600 1207.835 MZQ 0.53 1.01

GB025 -48982 -2971403 1360.965 MZQ 0.54 0.94

GB027 -48942 -2971363 1353.804 MZQ 0.54 1.00

GB027 -48942 -2971363 1357.822 MZQ 0.55 1.00

GB042 -49530.1 -2971910 1365.236 MZQ 0.55 0.98

GB042 -49530.1 -2971910 1356.377 MZQ 0.56 0.98

MDP006 -51737.5 -2973404 1379.803 MZQ 0.57 1.24

GB042 -49530.1 -2971910 1359.33 MZQ 0.58 0.98

MDP045 -51965.1 -2973594 1387.691 MZQ 0.58 1.00

MDP045 -51965.1 -2973594 1388.689 MZQ 0.60 1.00

GB042 -49530.1 -2971910 1354.408 MZQ 0.61 0.98

GB042 -49530.1 -2971910 1352.439 MZQ 0.63 0.98

GB025 -48982 -2971403 1360.027 MZQ 0.64 0.94

GB044 -49544.4 -2971933 1366.688 MZQ 0.64 1.05

OBN052 -48445.7 -2969561 1359.821 MZQ 0.64 0.98

GB044 -49544.4 -2971933 1363.533 MZQ 0.66 1.05

GB042 -49530.1 -2971910 1353.424 MZQ 0.66 0.98

GB042 -49530.1 -2971910 1362.283 MZQ 0.71 0.98

GB027 -48942 -2971363 1352.799 MZQ 0.73 1.00

GB024 -49028.8 -2971438 1352.424 MZQ 0.76 0.96

MDP005 -49657.6 -2971600 1219.74 MZQ 0.89 0.97

GB053 -48855.9 -2971295 1345.999 MZQ 0.93 1.04

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

MDP005 -49657.6 -2971600 1210.976 MZQ 0.94 0.97

GB027 -48942 -2971363 1368.873 MZQ 0.97 1.00

GB2N5 -48953.7 -2971430 1374.715 MZQ 1.00 0.97

GB042 -49530.1 -2971910 1355.392 MZQ 1.18 0.98

GB028 -48974.2 -2971339 1346.34 MZQ 1.19 0.96

MDP005 -49657.6 -2971600 1210.002 MZQ 1.25 0.97

MDP023 -50459.9 -2971800 1297.836 MZQ 1.59 0.99

MDP009 -51597.7 -2973291 1384.39 MZQ 1.68 0.96

GB027 -48942 -2971363 1370.882 MZQ 2.00 1.00

MDP005 -49657.6 -2971600 1216.819 MZQ 3.04 0.97

GB027 -48942 -2971363 1371.887 MZQ 3.28 1.00

MDP005 -49657.6 -2971600 1211.95 MZQ 3.38 0.97

GB064 -49866.8 -2972124 1344.373 MZQ 3.50 0.99

MDP008 -51630 -2973094 1371.067 UQ 0.03 1.01

MDP021 -51731.8 -2972992 1381.521 UQ 0.03 0.96

MDP022 -51823.8 -2972997 1389.306 UQ 0.04 1.03

MDP001D2 -49996 -2971493 1155.772 UQ 0.04 0.96

MDP019 -51523.9 -2973000 1369.713 UQ 0.04 0.95

MDP021 -51731.8 -2972992 1376.73 UQ 0.04 0.96

GB028 -48974.2 -2971339 1363.097 UQ 0.04 0.98

MDP021 -51731.8 -2972992 1377.688 UQ 0.04 0.96

MDP022 -51823.8 -2972997 1392.389 UQ 0.05 1.03

MDP022 -51823.8 -2972997 1390.334 UQ 0.05 1.03

MDP021 -51731.8 -2972992 1375.772 UQ 0.05 0.96

MDP021 -51731.8 -2972992 1371.939 UQ 0.05 0.96

MDP009 -51597.7 -2973291 1397.079 UQ 0.06 0.99

MDP001 -49994.8 -2971493 1155.504 UQ 0.06 0.96

MDP015 -51931.1 -2973095 1403.403 UQ 0.07 1.03

MDP009 -51597.7 -2973291 1396.093 UQ 0.07 0.99

MDP015 -51931.1 -2973095 1404.428 UQ 0.07 1.03

MDP072 -49911.9 -2971872 1225.632 UQ 0.07 0.84

MDP001D2 -49996 -2971493 1154.81 UQ 0.08 0.96

OBN070 -48600.1 -2969518 1335.782 UQ 0.09 1.02

MDP046 -52118.2 -2973635 1412.976 UQ 0.09 1.00

OBN068 -48599.6 -2969581 1330.081 UQ 0.09 1.01

GB011 -49222 -2971556 1371.717 UQ 0.09 0.95

GB047 -49727.5 -2972031 1357.007 UQ 0.10 0.96

MDP008 -51630 -2973094 1372.076 UQ 0.10 1.01

OBN070 -48600.1 -2969518 1334.759 UQ 0.10 1.02

MDP001 -49994.8 -2971493 1157.422 UQ 0.10 0.96

MDP022 -51823.8 -2972997 1388.279 UQ 0.11 1.03

MDP001D2 -49996 -2971493 1157.694 UQ 0.11 0.96

MDP001 -49994.8 -2971493 1159.339 UQ 0.11 0.96

OBN068 -48599.6 -2969581 1331.092 UQ 0.11 1.01

GB041 -49516.5 -2971924 1384.087 UQ 0.11 0.99

MDP019 -51523.9 -2973000 1360.167 UQ 0.12 0.95

MDP001 -49994.8 -2971493 1154.546 UQ 0.12 0.96

OBN070 -48600.1 -2969518 1336.805 UQ 0.12 1.02

OBN077 -48545 -2969530 1352.377 UQ 0.12 1.00

MDP022 -51823.8 -2972997 1391.361 UQ 0.12 1.03

OBN071 -48494.9 -2969529 1357.381 UQ 0.12 1.05

MDP027A -50212 -2971513 1274.065 UQ 0.13 1.20

OBN068 -48599.6 -2969581 1332.104 UQ 0.14 1.01

GB039 -48915.2 -2971389 1357.407 UQ 0.14 0.95

MDP072D1 -49911.9 -2971874 1227.757 UQ 0.14 1.13

OBN077 -48545 -2969530 1351.379 UQ 0.14 1.00

GB011 -49222 -2971556 1366.044 UQ 0.15 0.95

WR148 -52128.6 -2973717 1422.46 UQ 0.15 1.06

GB011 -49222 -2971556 1365.098 UQ 0.15 0.95

OBN068 -48599.6 -2969581 1334.127 UQ 0.15 1.01

OBN077 -48545 -2969530 1346.39 UQ 0.16 1.00

GB011 -49222 -2971556 1368.881 UQ 0.16 0.95

OBN071 -48494.9 -2969529 1354.218 UQ 0.16 1.05

OBN077 -48545 -2969530 1353.374 UQ 0.16 1.00

WR125 -52140 -2973475 1420.617 UQ 0.17 0.98

OBN077 -48545 -2969530 1349.383 UQ 0.17 1.00

MDP001D2 -49996 -2971493 1159.617 UQ 0.17 0.96

GB023 -49129.5 -2971433 1354.728 UQ 0.18 1.01

GB011 -49222 -2971556 1370.772 UQ 0.18 0.95

OBN071 -48494.9 -2969529 1360.544 UQ 0.18 1.05

OBN077 -48545 -2969530 1343.397 UQ 0.18 1.00

OBN071 -48494.9 -2969529 1358.435 UQ 0.18 1.05

MDP072 -49911.9 -2971872 1226.472 UQ 0.19 0.84

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

OBN077 -48545 -2969530 1348.386 UQ 0.19 1.00

WR125 -52140 -2973475 1411.759 UQ 0.19 0.98

OBN070 -48600.1 -2969518 1337.828 UQ 0.19 1.02

GB011 -49222 -2971556 1369.826 UQ 0.19 0.95

GB028 -48974.2 -2971339 1364.074 UQ 0.20 0.98

MDP022 -51823.8 -2972997 1387.251 UQ 0.20 1.03

GB041 -49516.5 -2971924 1383.101 UQ 0.20 0.99

GB039 -48915.2 -2971389 1356.462 UQ 0.20 0.95

GB048 -48921.1 -2971317 1355.634 UQ 0.20 0.99

GB048 -48921.1 -2971317 1354.64 UQ 0.20 0.99

GB048 -48921.1 -2971317 1353.645 UQ 0.20 0.99

GB023 -49129.5 -2971433 1351.708 UQ 0.20 1.01

OBN077 -48545 -2969530 1342.4 UQ 0.22 1.00

GB041 -49516.5 -2971924 1385.072 UQ 0.22 0.99

MDP046 -52118.2 -2973635 1411.972 UQ 0.23 1.00

MDP001D2 -49996 -2971493 1158.656 UQ 0.23 0.96

GB041 -49516.5 -2971924 1386.058 UQ 0.23 0.99

OBN077 -48545 -2969530 1338.409 UQ 0.23 1.00

GB041 -49516.5 -2971924 1378.173 UQ 0.24 0.99

WR125 -52140 -2973475 1419.633 UQ 0.24 0.98

GB023 -49129.5 -2971433 1353.722 UQ 0.24 1.01

WR125 -52140 -2973475 1407.822 UQ 0.25 0.98

MDP001 -49994.8 -2971493 1158.38 UQ 0.25 0.96

OBN071 -48494.9 -2969529 1356.327 UQ 0.25 1.05

GB041 -49516.5 -2971924 1381.13 UQ 0.25 0.99

MDP072 -49911.9 -2971872 1224.792 UQ 0.27 0.84

GB011 -49222 -2971556 1364.153 UQ 0.28 0.95

OBN077 -48545 -2969530 1354.372 UQ 0.28 1.00

OBN077 -48545 -2969530 1340.404 UQ 0.28 1.00

OBN070 -48600.1 -2969518 1338.851 UQ 0.28 1.02

OBN071 -48494.9 -2969529 1361.599 UQ 0.28 1.05

WR125 -52140 -2973475 1409.791 UQ 0.28 0.98

WR148 -52128.6 -2973717 1423.524 UQ 0.29 1.06

WR148 -52128.6 -2973717 1426.717 UQ 0.29 1.06

WR157 -51840.1 -2973455 1411.834 UQ 0.29 0.96

GB023 -49129.5 -2971433 1352.715 UQ 0.29 1.01

GB041 -49516.5 -2971924 1364.375 UQ 0.30 0.99

OBN077 -48545 -2969530 1341.402 UQ 0.30 1.00

WR125 -52140 -2973475 1412.743 UQ 0.30 0.98

OBN071 -48494.9 -2969529 1359.49 UQ 0.30 1.05

WR125 -52140 -2973475 1410.775 UQ 0.31 0.98

WR148 -52128.6 -2973717 1427.782 UQ 0.31 1.06

OBN077 -48545 -2969530 1350.381 UQ 0.32 1.00

OBN068 -48599.6 -2969581 1333.116 UQ 0.32 1.01

OBN077 -48545 -2969530 1339.407 UQ 0.32 1.00

MDP001 -49994.8 -2971493 1156.463 UQ 0.32 0.96

GB028 -48974.2 -2971339 1365.05 UQ 0.32 0.98

MDP001D2 -49996 -2971493 1153.849 UQ 0.33 0.96

GB041 -49516.5 -2971924 1375.216 UQ 0.34 0.99

GB011 -49222 -2971556 1366.989 UQ 0.34 0.95

GB041 -49516.5 -2971924 1387.044 UQ 0.35 0.99

WR157 -51840.1 -2973455 1409.908 UQ 0.35 0.96

GB048 -48921.1 -2971317 1349.668 UQ 0.35 0.99

GB041 -49516.5 -2971924 1370.288 UQ 0.35 0.99

GB039 -48915.2 -2971389 1358.352 UQ 0.36 0.95

GB041 -49516.5 -2971924 1376.202 UQ 0.36 0.99

OBN077 -48545 -2969530 1345.393 UQ 0.36 1.00

OBN071 -48494.9 -2969529 1353.163 UQ 0.37 1.05

GB041 -49516.5 -2971924 1367.332 UQ 0.38 0.99

OBN071 -48494.9 -2969529 1355.272 UQ 0.38 1.05

WR148 -52128.6 -2973717 1425.653 UQ 0.40 1.06

WR157 -51840.1 -2973455 1410.871 UQ 0.41 0.96

OBN077 -48545 -2969530 1347.388 UQ 0.43 1.00

MDP001D2 -49996 -2971493 1156.733 UQ 0.43 0.96

OBN077 -48545 -2969530 1344.395 UQ 0.43 1.00

GB029 -48908.5 -2971335 1372.701 UQ 0.44 0.96

OBN068 -48599.6 -2969581 1329.069 UQ 0.44 1.01

MDP027 -50225.3 -2971484 1277.023 UQ 0.45 0.91

WR125 -52140 -2973475 1415.696 UQ 0.46 0.98

GB041 -49516.5 -2971924 1372.26 UQ 0.46 0.99

GB011 -49222 -2971556 1367.935 UQ 0.47 0.95

GB041 -49516.5 -2971924 1377.188 UQ 0.49 0.99

GB041 -49516.5 -2971924 1382.116 UQ 0.49 0.99

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

WR125 -52140 -2973475 1413.727 UQ 0.51 0.98

WR125 -52140 -2973475 1418.648 UQ 0.51 0.98

WR148 -52128.6 -2973717 1424.589 UQ 0.51 1.06

MDP026 -50276.3 -2971584 1292 UQ 0.52 0.90

WR125 -52140 -2973475 1414.712 UQ 0.52 0.98

GB041 -49516.5 -2971924 1366.346 UQ 0.54 0.99

GB041 -49516.5 -2971924 1369.303 UQ 0.60 0.99

GB034 -48879.4 -2971287 1369.445 UQ 0.60 1.05

GB041 -49516.5 -2971924 1368.317 UQ 0.60 0.99

GB041 -49516.5 -2971924 1380.144 UQ 0.62 0.99

GB041 -49516.5 -2971924 1365.36 UQ 0.64 0.99

GB048 -48921.1 -2971317 1352.651 UQ 0.66 0.99

WR125 -52140 -2973475 1408.806 UQ 0.66 0.98

GB029 -48908.5 -2971335 1374.627 UQ 0.69 0.96

GB041 -49516.5 -2971924 1373.245 UQ 0.72 0.99

GB041 -49516.5 -2971924 1371.274 UQ 0.73 0.99

GB039 -48915.2 -2971389 1359.297 UQ 0.74 0.95

GB048 -48921.1 -2971317 1351.657 UQ 0.75 0.99

WR125 -52140 -2973475 1416.68 UQ 0.78 0.98

MDP022 -51823.8 -2972997 1393.416 UQ 0.78 1.03

MDP033 -51833.6 -2972897 1402.45 UQ 0.79 1.22

GB034 -48879.4 -2971287 1368.399 UQ 0.80 1.05

WR125 -52140 -2973475 1417.664 UQ 0.89 0.98

MDP001 -49994.8 -2971493 1153.587 UQ 0.93 0.96

GB041 -49516.5 -2971924 1379.159 UQ 0.94 0.99

GB029 -48908.5 -2971335 1371.738 UQ 1.11 0.96

GB029 -48908.5 -2971335 1373.664 UQ 1.31 0.96

GB048 -48921.1 -2971317 1350.662 UQ 1.36 0.99

GB034 -48879.4 -2971287 1367.354 UQ 1.55 1.05

GB041 -49516.5 -2971924 1374.231 UQ 1.87 0.99

GB009 -49113.9 -2971617 1373.06 UQ 4.24 1.03

GB009 -49113.9 -2971617 1374.093 UQ 6.05 1.03

MDP022 -51823.8 -2972997 1386.224 UQ 6.08 1.03

GB009 -49113.9 -2971617 1375.126 UQ 6.43 1.03

BH1 -49000 -2971497 1387.5 5Q 0.81 1.00

BH1032 -48371.5 -2970055 1380.504 MQ 3.38 0.56

BH1032 -48371.5 -2970055 1380.504 MQ 3.38 0.56

BH1092 -49533 -2971925 1382.25 UQ 0.51 0.90

BH1093 -49531 -2971927 1383.67 5Q 0.18 1.00

BH1098 -49185.9 -2971735 1405.9 UQ 2.12 1.00

BH1098 -49185.9 -2971735 1405.1 UQ 0.67 0.60

BH1099 -49183.3 -2971732 1405.7 UQ 1.31 1.00

BH1100 -49180.9 -2971730 1405.7 UQ 0.86 1.00

BH1101 -49179.3 -2971728 1406.1 UQ 1.29 1.00

BH1101 -49179.3 -2971728 1405.2 UQ 0.43 0.80

BH1102 -49176.3 -2971726 1406.9 UQ 0.65 1.00

BH1102 -49176.3 -2971726 1406.1 UQ 0.61 0.60

BH1103 -49174.2 -2971724 1407.7 UQ 1.28 1.00

BH1103 -49174.2 -2971724 1406.7 UQ 0.91 1.00

BH1104 -49171.3 -2971722 1406.5 UQ 0.42 1.00

BH1105 -49222.9 -2971757 1404.3 UQ 0.30 1.00

BH1105 -49222.9 -2971757 1403.3 UQ 0.35 1.00

BH1106 -49219.2 -2971756 1403.9 UQ 0.33 1.00

BH1106 -49219.2 -2971756 1403.1 UQ 0.29 0.60

BH1107 -49214.7 -2971754 1404.9 UQ 0.46 1.00

BH1107 -49214.7 -2971754 1404.1 UQ 0.53 0.60

BH1108 -49211.8 -2971753 1404.9 UQ 0.25 1.00

BH1108 -49211.8 -2971753 1404.1 UQ 0.37 0.60

BH1109 -49206.1 -2971749 1405.9 UQ 0.76 1.00

BH1109 -49206.1 -2971749 1404.9 UQ 0.38 1.00

BH1109 -49206.1 -2971749 1404.1 UQ 0.43 0.60

BH1110 -49202.2 -2971747 1405.9 UQ 0.26 1.00

BH1110 -49202.2 -2971747 1405.1 UQ 0.33 0.60

BH1111 -49200.2 -2971746 1405.5 UQ 0.63 1.00

BH1112 -49190.7 -2971740 1406.9 UQ 0.49 1.00

BH1112 -49190.7 -2971740 1406.1 UQ 0.41 0.60

BH1113 -49189.1 -2971738 1407.1 UQ 0.61 1.00

BH1113 -49189.1 -2971738 1406.2 UQ 0.57 0.80

BH1128 -49286.7 -2971793 1399.3 MQ 0.58 1.00

BH1129 -49281.8 -2971792 1399.3 MQ 0.37 1.00

BH1130 -49278.2 -2971790 1400.7 MQ 0.50 1.00

BH1131 -49275 -2971787 1400.9 MQ 0.25 1.00

BH1131 -49275 -2971787 1400.1 MQ 0.32 0.60

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1132 -49270 -2971783 1400.5 MQ 0.33 1.00

BH1133 -49267.4 -2971781 1401.1 MQ 0.27 1.00

BH1133 -49267.4 -2971781 1400.2 MQ 0.21 0.80

BH1134 -49260.3 -2971774 1400.3 MQ 0.33 1.00

BH1135 -49255.4 -2971771 1400.5 MQ 0.36 1.00

BH1136 -49248.2 -2971767 1400.7 MQ 0.38 1.00

BH1174 -49242.4 -2971765 1402.28 UQ 0.28 1.00

BH1174 -49242.4 -2971765 1401.28 UQ 0.31 1.00

BH1175 -49238 -2971762 1401.3 MQ 0.74 1.00

BH1175 -49238 -2971762 1400.3 MQ 0.63 1.00

BH12 -48977 -2971478 1389.1 UQ 0.36 0.60

BH13 -49580.9 -2971967 1383.115 5Q 0.26 1.00

BH13 -49580.9 -2971967 1382.115 5Q 0.23 1.00

BH1316 -49336.6 -2971843 1397.1 MQ 0.65 0.60

BH1336 -48411.1 -2969609 1377.2 MQ 0.39 0.60

BH1336 -48411.1 -2969609 1376.05 LQ 0.51 0.50

BH1337 -48414.3 -2969611 1377.4 MQ 0.26 0.80

BH1338 -48416.6 -2969613 1376.7 MQ 0.35 1.00

BH1339 -48419.6 -2969614 1376.9 MQ 0.31 1.00

BH1339 -48419.6 -2969614 1376.1 MQ 0.13 0.60

BH1340 -48423.3 -2969616 1376.2 MQ 0.13 0.80

BH1354 -48415.3 -2969643 1377.7 MQ 0.32 1.00

BH1356 -48410.7 -2969642 1376.9 MQ 0.42 1.00

BH1356 -48410.7 -2969642 1376.1 MQ 1.20 0.60

BH1357 -48407.1 -2969641 1378.7 MQ 0.26 1.00

BH1359 -48401.2 -2969639 1378.25 5Q 0.44 0.90

BH1366 -48408.3 -2969706 1378.9 5Q 0.58 1.00

BH1366 -48408.3 -2969706 1378.1 5Q 0.28 0.60

BH1367 -48402.8 -2969704 1378.5 5Q 0.53 1.00

BH1367 -48402.8 -2969704 1377.5 5Q 0.94 1.00

BH1368 -48398.4 -2969703 1377.9 5Q 0.44 1.00

BH1368 -48398.4 -2969703 1377.1 5Q 0.75 0.60

BH1369 -48396.1 -2969702 1377.9 5Q 0.78 1.00

BH1369 -48396.1 -2969702 1377.1 5Q 0.37 0.60

BH1370 -48392.7 -2969701 1378.3 5Q 0.40 1.00

BH1370 -48392.7 -2969701 1377.3 5Q 0.55 1.00

BH1397 -49448.4 -2971893 1393.5 LQ 0.42 1.00

BH1397 -49448.4 -2971893 1392.5 LQ 0.26 1.00

BH1398 -49449.4 -2971894 1392.5 LQ 0.57 1.00

BH1398 -49449.4 -2971894 1391.5 LQ 0.60 1.00

BH1399 -49451 -2971896 1392.7 LQ 0.51 1.00

BH1399 -49451 -2971896 1391.7 LQ 0.34 1.00

BH14 -49576.8 -2971965 1383.512 5Q 0.23 1.00

BH14 -49576.8 -2971965 1382.512 5Q 0.34 1.00

BH1400 -49452.7 -2971897 1392.1 LQ 0.68 1.00

BH1400 -49452.7 -2971897 1391.2 LQ 0.73 0.80

BH1401 -49454.4 -2971898 1391.9 LQ 0.47 1.00

BH1401 -49454.4 -2971898 1391.1 LQ 0.59 0.60

BH142 -49079.2 -2971606 1385.211 MZQ 1.51 1.00

BH142 -49079.2 -2971606 1384.211 MZQ 1.88 1.00

BH143 -49081.2 -2971604 1386.825 MZQ 0.81 1.00

BH143 -49081.2 -2971604 1385.825 MZQ 1.20 1.00

BH143 -49081.2 -2971604 1385.055 MZQ 0.82 0.54

BH144 -49080.8 -2971602 1386.172 MZQ 1.74 1.00

BH144 -49080.8 -2971602 1385.172 MZQ 2.52 1.00

BH145 -49081.9 -2971599 1386.704 MZQ 0.92 1.00

BH145 -49081.9 -2971599 1385.704 MZQ 0.68 1.00

BH145 -49081.9 -2971599 1384.704 MZQ 1.60 1.00

BH146 -49083.1 -2971597 1385.541 MZQ 1.41 1.00

BH146 -49083.1 -2971597 1384.566 MZQ 1.22 0.95

BH147 -49082.7 -2971595 1383.554 MZQ 1.30 1.00

BH147 -49082.7 -2971595 1382.554 MZQ 1.22 1.00

BH147 -49082.7 -2971595 1381.754 MZQ 1.96 0.60

BH148 -49083.2 -2971593 1385.451 MZQ 0.81 1.00

BH148 -49083.2 -2971593 1384.451 MZQ 0.80 1.00

BH148 -49083.2 -2971593 1383.651 MZQ 1.39 0.60

BH149 -49083.7 -2971591 1385.056 MZQ 0.84 1.00

BH149 -49083.7 -2971591 1384.056 MZQ 0.86 1.00

BH149 -49083.7 -2971591 1383.256 MZQ 0.80 0.60

BH15 -49571.7 -2971962 1384.188 5Q 0.12 1.00

BH15 -49571.7 -2971962 1383.188 5Q 0.19 1.00

BH150 -49084.1 -2971590 1384.684 MZQ 1.20 1.00

BH150 -49084.1 -2971590 1383.684 MZQ 1.75 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH151 -49427.9 -2971898 1391.297 MQ 0.20 1.00

BH151 -49427.9 -2971898 1390.297 MQ 0.18 1.00

BH152 -49432.6 -2971902 1390.828 MQ 0.25 1.00

BH152 -49432.6 -2971902 1389.928 MQ 0.20 0.80

BH153 -49436.9 -2971905 1389.821 LQ 0.27 1.00

BH154 -49441.8 -2971907 1390.386 MQ 0.12 1.00

BH155 -49449 -2971906 1390.132 MQ 0.18 1.00

BH156 -49452 -2971908 1389.385 MQ 0.43 0.60

BH156 -49452 -2971908 1388.095 LQ 0.18 1.00

BH1562 -49071.1 -2971600 1382.5 LQ 0.69 1.00

BH1563 -49073.1 -2971601 1382.7 LQ 1.22 1.00

BH1564 -49058.6 -2971580 1384.125 LQ 0.97 0.55

BH1566 -49102.3 -2971586 1382.15 LQ 0.51 0.50

BH1569 -49102.9 -2971592 1383.2 LQ 1.12 0.80

BH157 -49458.3 -2971909 1390.232 LQ 0.28 1.00

BH157 -49458.3 -2971909 1389.232 LQ 0.21 1.00

BH1570 -49103.3 -2971594 1383.2 LQ 0.83 0.80

BH1572 -49098.9 -2971607 1384.1 LQ 0.78 1.00

BH1572 -49098.9 -2971607 1383.2 LQ 1.03 0.80

BH1573 -49100.3 -2971609 1384.3 LQ 1.03 1.00

BH1573 -49100.3 -2971609 1383.3 LQ 0.98 1.00

BH1574 -49057.1 -2971584 1382.3 LQ 1.86 1.00

BH1574 -49057.1 -2971584 1381.4 LQ 0.76 0.80

BH1575 -49056.1 -2971582 1383.1 LQ 0.65 1.00

BH1576 -49054.4 -2971580 1383.28 LQ 0.88 1.00

BH1576 -49054.4 -2971580 1381.48 LQ 0.88 1.00

BH1576 -49054.4 -2971580 1380.29 MZQ 0.39 0.58

BH1578 -49051.3 -2971579 1382.9 LQ 0.74 1.00

BH1578 -49051.3 -2971579 1382.1 LQ 0.99 0.60

BH1579 -49049.9 -2971581 1383.3 LQ 0.46 1.00

BH1579 -49049.9 -2971581 1382.3 LQ 0.41 1.00

BH158 -49464.3 -2971912 1389.646 MQ 0.38 0.60

BH1580 -49051.3 -2971582 1382.3 LQ 0.47 1.00

BH1581 -49053.6 -2971583 1382.9 LQ 0.50 1.00

BH1581 -49053.6 -2971583 1382.1 LQ 1.39 0.60

BH1582 -49054.9 -2971584 1382.9 MZQ 0.50 1.00

BH1582 -49054.9 -2971584 1382.1 MZQ 0.32 0.60

BH1583 -49055.8 -2971585 1381.5 MZQ 0.54 1.00

BH1584 -49067.6 -2971598 1382.5 MZQ 0.48 1.00

BH1585 -49110.1 -2971611 1382.7 LQ 1.70 1.00

BH1585 -49110.1 -2971611 1381.7 LQ 1.18 1.00

BH1586 -49110.9 -2971608 1382.1 LQ 1.04 1.00

BH1586 -49110.9 -2971608 1381.2 LQ 1.50 0.80

BH1587 -49111.6 -2971607 1380.9 LQ 1.60 1.00

BH1587 -49111.6 -2971607 1380.1 LQ 2.41 0.60

BH1588 -49112.1 -2971604 1380.5 LQ 2.50 1.00

BH1588 -49112.1 -2971604 1379.5 LQ 1.53 1.00

BH1588 -49112.1 -2971604 1379.9 LQ 1.40 1.00

BH1588 -49112.1 -2971604 1379 LQ 1.24 0.80

BH1589 -49106.7 -2971639 1382.9 LQ 2.52 1.00

BH1589 -49106.7 -2971639 1382.1 LQ 2.93 0.60

BH159 -49469.4 -2971915 1389.638 MQ 0.14 1.00

BH159 -49469.4 -2971915 1388.688 MQ 0.12 0.90

BH1590 -49107.3 -2971636 1382.9 LQ 4.25 1.00

BH1590 -49107.3 -2971636 1382.1 LQ 2.84 0.60

BH1591 -49108.7 -2971634 1382.9 LQ 2.44 1.00

BH1591 -49108.7 -2971634 1382.1 LQ 2.75 0.60

BH1592 -49108.1 -2971632 1381.9 LQ 0.97 1.00

BH1592 -49108.1 -2971632 1381.1 LQ 1.75 0.60

BH1593 -49107.5 -2971628 1382.3 LQ 1.06 1.00

BH1593 -49107.5 -2971628 1381.3 LQ 0.87 1.00

BH1594 -49107.2 -2971626 1382.1 LQ 1.04 1.00

BH1594 -49107.2 -2971626 1381.2 LQ 0.79 0.80

BH1595 -49107.4 -2971624 1382.1 LQ 2.00 1.00

BH1595 -49107.4 -2971624 1381.2 LQ 2.18 0.80

BH1596 -49108.6 -2971621 1381.9 LQ 0.85 1.00

BH1596 -49108.6 -2971621 1381.1 LQ 0.73 0.60

BH1597 -49109 -2971619 1382.1 LQ 0.70 1.00

BH1597 -49109 -2971619 1381.2 LQ 1.65 0.80

BH1598 -49109.3 -2971617 1381.9 LQ 0.80 1.00

BH1598 -49109.3 -2971617 1381.1 LQ 0.68 0.60

BH1599 -49110 -2971614 1381.9 LQ 0.58 1.00

BH1599 -49110 -2971614 1381.1 LQ 1.07 0.60

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH16 -49567 -2971958 1384.395 5Q 0.22 1.00

BH16 -49567 -2971958 1383.595 5Q 0.11 0.60

BH160 -49474.4 -2971917 1388.776 MQ 0.13 1.00

BH1609 -49081.2 -2971595 1380.9 MZQ 0.92 1.00

BH1609 -49081.2 -2971595 1380.1 MZQ 0.93 0.60

BH1610 -49082.3 -2971593 1380.9 MZQ 1.78 1.00

BH1610 -49082.3 -2971593 1380.1 MZQ 1.41 0.60

BH1611 -49084.8 -2971591 1381.5 MZQ 4.59 1.00

BH1611 -49084.8 -2971591 1380.5 MZQ 0.78 1.00

BH1612 -49086.6 -2971588 1379.9 MZQ 0.35 1.00

BH1612 -49086.6 -2971588 1379.1 MZQ 2.01 0.60

BH1613 -49091.7 -2971585 1380.9 MZQ 1.18 1.00

BH1613 -49091.7 -2971585 1380.1 MZQ 1.07 0.60

BH1614 -49094.2 -2971584 1380.1 MZQ 1.66 1.00

BH1614 -49094.2 -2971584 1379.2 MZQ 1.12 0.80

BH1615 -49096.1 -2971583 1379.9 MZQ 1.22 1.00

BH1615 -49096.1 -2971583 1379.1 MZQ 1.99 0.60

BH1616 -49102.6 -2971573 1379.3 MZQ 2.50 1.00

BH1616 -49102.6 -2971573 1378.3 MZQ 1.46 1.00

BH1617 -49100.8 -2971570 1378.3 MZQ 0.58 1.00

BH1617 -49100.8 -2971570 1377.3 MZQ 2.22 1.00

BH1618 -49099.1 -2971569 1378.3 MZQ 2.41 1.00

BH1618 -49099.1 -2971569 1377.3 MZQ 1.78 1.00

BH1627 -49061.2 -2971591 1381.9 MZQ 0.63 1.00

BH1627 -49061.2 -2971591 1381.1 MZQ 0.56 0.60

BH1628 -49062.8 -2971593 1382.3 MZQ 0.74 1.00

BH1628 -49062.8 -2971593 1381.3 MZQ 0.70 1.00

BH1629 -49064.7 -2971595 1381.7 MZQ 0.42 1.00

BH1630 -49065.4 -2971596 1382.9 MZQ 0.72 1.00

BH1630 -49065.4 -2971596 1382.1 MZQ 0.53 0.60

BH1631 -49067.5 -2971598 1382.9 MZQ 1.38 1.00

BH1631 -49067.5 -2971598 1382.1 MZQ 0.61 0.60

BH1632 -49068.4 -2971599 1382.2 LQ 1.05 0.80

BH1634 -49073.9 -2971596 1381.1 MZQ 0.82 1.00

BH1634 -49073.9 -2971596 1380.2 MZQ 0.50 0.80

BH1635 -49076.7 -2971597 1381.9 MZQ 2.39 1.00

BH1635 -49076.7 -2971597 1381.1 MZQ 0.63 0.60

BH1636 -49080.5 -2971596 1382.1 MZQ 1.35 1.00

BH1636 -49080.5 -2971596 1381.2 MZQ 1.73 0.80

BH1637 -49076.4 -2971617 1385.9 MZQ 1.67 1.00

BH1637 -49076.4 -2971617 1385.135 MZQ 4.65 0.53

BH1638 -49077.5 -2971619 1385.84 LQ 2.55 1.00

BH1639 -49078.1 -2971621 1386.1 LQ 3.94 0.52

BH1647 -49036.5 -2971568 1386.3 LQ 3.46 1.00

BH1647 -49036.5 -2971568 1385.3 LQ 1.10 1.00

BH1648 -49037.9 -2971569 1385.3 MZQ 1.36 1.00

BH1649 -49040.1 -2971572 1385.61 MZQ 1.20 1.00

BH1652 -49049.5 -2971586 1386.3 LQ 0.95 1.00

BH1652 -49049.5 -2971586 1385.3 LQ 0.78 1.00

BH1653 -49054.6 -2971588 1385.52 LQ 2.51 1.00

BH1654 -49057.6 -2971593 1386.7 MZQ 0.60 1.00

BH1654 -49057.6 -2971593 1385.7 MZQ 2.01 1.00

BH1655 -49061.8 -2971597 1386.5 MZQ 0.91 1.00

BH1655 -49061.8 -2971597 1385.5 MZQ 0.82 1.00

BH1656 -49066 -2971601 1384.9 MZQ 0.56 1.00

BH1656 -49066 -2971601 1384.1 MZQ 0.45 0.60

BH1657 -49067.2 -2971603 1386.3 LQ 1.34 1.00

BH1657 -49067.2 -2971603 1385.3 LQ 0.64 1.00

BH1658 -49066.1 -2971606 1387.3 LQ 0.78 1.00

BH1659 -49129.5 -2971598 1385.5 MQ 0.74 1.00

BH1659 -49129.5 -2971598 1384.5 MQ 0.94 1.00

BH1660 -49131.6 -2971600 1384.7 MQ 0.43 1.00

BH1661 -49133.7 -2971601 1385.61 MQ 0.96 1.00

BH1661 -49133.7 -2971601 1384.61 MQ 0.82 1.00

BH1663 -49138.7 -2971600 1385.18 MQ 0.77 1.00

BH1663 -49138.7 -2971600 1384.24 MQ 0.76 0.88

BH1664 -49140.2 -2971599 1386.1 MQ 0.32 1.00

BH1664 -49140.2 -2971599 1385.2 MQ 0.80 0.80

BH1665 -49141.6 -2971597 1387.3 MQ 0.38 1.00

BH1665 -49141.6 -2971597 1386.3 MQ 0.52 1.00

BH1666 -49142.1 -2971595 1386.2 MQ 0.44 0.80

BH1667 -49140.3 -2971593 1385.185 MQ 0.51 0.77

BH1668 -49139.2 -2971592 1385.3 MQ 0.52 0.92

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1672 -49072 -2971508 1381.5 MQ 0.69 1.00

BH1673 -49070.5 -2971506 1381.5 MQ 0.35 1.00

BH1674 -49068.4 -2971504 1381.1 MQ 0.91 1.00

BH1674 -49068.4 -2971504 1380.2 MQ 0.48 0.80

BH1675 -49066.2 -2971502 1381.1 MQ 0.25 1.00

BH1675 -49066.2 -2971502 1380.2 MQ 0.29 0.80

BH1676 -49064.9 -2971499 1381.3 MQ 0.32 1.00

BH1676 -49064.9 -2971499 1380.3 MQ 0.27 1.00

BH1677 -49061.5 -2971498 1380.3 MQ 0.48 1.00

BH1677 -49061.5 -2971498 1379.3 MQ 0.43 1.00

BH1678 -49059.9 -2971495 1380.5 MQ 0.54 1.00

BH1678 -49059.9 -2971495 1379.5 MQ 0.38 1.00

BH1681 -49064 -2971548 1378.5 UQ 1.50 1.00

BH1682 -49060.5 -2971546 1380.5 UQ 0.88 1.00

BH1683 -49058.6 -2971544 1381.1 UQ 1.26 1.00

BH1683 -49058.6 -2971544 1380.2 UQ 2.47 0.80

BH1684 -49057.2 -2971543 1380.9 UQ 2.34 1.00

BH1684 -49057.2 -2971543 1380.1 UQ 1.77 0.60

BH1685 -49049.8 -2971536 1381.9 UQ 1.75 1.00

BH1685 -49049.8 -2971536 1381.1 UQ 2.25 0.60

BH1686 -49038.2 -2971549 1382.1 UQ 3.70 1.00

BH1686 -49038.2 -2971549 1381.2 UQ 3.12 0.80

BH1687 -49036.6 -2971547 1382.9 UQ 2.30 1.00

BH1687 -49036.6 -2971547 1382.1 UQ 2.77 0.60

BH1688 -49036.2 -2971546 1381.9 UQ 1.99 1.00

BH1688 -49036.2 -2971546 1381.1 UQ 1.57 0.60

BH1689 -49035.7 -2971543 1381.3 UQ 2.34 1.00

BH169 -48418 -2970483 1391.37 LQ 1.03 1.00

BH1690 -49033.9 -2971540 1383.1 UQ 0.36 1.00

BH1690 -49033.9 -2971540 1382.2 UQ 0.81 0.80

BH1691 -49066.2 -2971550 1379.9 UQ 2.76 1.00

BH1691 -49066.2 -2971550 1379.1 UQ 3.77 0.60

BH1692 -49109 -2971655 1388.7 MQ 2.70 1.00

BH1692 -49109 -2971655 1387.7 MQ 1.13 1.00

BH1693 -49111 -2971650 1388.1 MQ 2.72 1.00

BH1693 -49111 -2971650 1387.2 MQ 3.06 0.80

BH1694 -49114 -2971646 1388 MQ 2.41 1.00

BH1694 -49114 -2971646 1387.15 MQ 2.58 0.70

BH1695 -49116 -2971641 1388.9 MQ 1.94 1.00

BH1695 -49116 -2971641 1388.1 MQ 2.27 0.60

BH1696 -49114 -2971635 1388.3 MQ 2.01 1.00

BH1696 -49114 -2971635 1387.3 MQ 2.52 1.00

BH1697 -49113 -2971631 1386.9 MQ 1.80 1.00

BH1697 -49113 -2971631 1386.1 MQ 1.87 0.60

BH1698 -49095.5 -2971539 1383.14 UQ 0.49 1.00

BH1699 -49093.2 -2971536 1383.28 UQ 0.38 1.00

BH17 -49560.4 -2971955 1385.34 5Q 0.69 1.00

BH17 -49560.4 -2971955 1384.37 5Q 0.11 0.94

BH1701 -49089.7 -2971525 1380.2 MQ 0.60 1.00

BH1701 -49089.7 -2971525 1379.3 MQ 0.90 0.80

BH1702 -49086.5 -2971521 1382.1 MQ 1.24 1.00

BH1702 -49086.5 -2971521 1381.2 MQ 0.62 0.80

BH1716 -49086.7 -2971577 1380.7 UQ 0.67 1.00

BH1717 -49085.5 -2971576 1380.1 UQ 3.56 1.00

BH1717 -49085.5 -2971576 1379.2 UQ 0.53 0.80

BH1718 -49084.1 -2971573 1380.1 UQ 0.85 1.00

BH1718 -49084.1 -2971573 1379.2 UQ 0.96 0.80

BH1719 -49083.2 -2971571 1380.5 UQ 1.43 1.00

BH1719 -49083.2 -2971571 1379.5 UQ 2.15 1.00

BH1720 -49082.5 -2971569 1380.3 UQ 0.80 1.00

BH1720 -49082.5 -2971569 1379.3 UQ 1.03 1.00

BH1721 -49082 -2971568 1380.7 UQ 1.39 1.00

BH1722 -49080.9 -2971565 1380.2 UQ 1.38 0.80

BH1723 -49079.5 -2971561 1380.1 UQ 1.39 0.60

BH1724 -49076.2 -2971559 1380.3 UQ 4.45 1.00

BH1725 -49074.7 -2971557 1380.3 UQ 1.30 1.00

BH1726 -49072.3 -2971556 1380.3 UQ 1.97 1.00

BH1727 -49068.9 -2971550 1380.3 UQ 1.57 1.00

BH1728 -49098 -2971615 1385.7 MQ 2.82 1.00

BH1728 -49098 -2971615 1384.7 MQ 1.22 1.00

BH1729 -49097 -2971620 1386.9 MQ 1.23 1.00

BH1729 -49097 -2971620 1385.9 MQ 1.02 1.00

BH1729 -49097 -2971620 1384.9 MQ 1.80 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1729 -49097 -2971620 1384.1 MQ 1.23 0.60

BH1730 -49092 -2971624 1388.28 MQ 1.59 1.00

BH1730 -49092 -2971624 1387.41 MQ 0.79 0.74

BH1730 -49092 -2971624 1386.04 MQ 1.59 1.00

BH1730 -49092 -2971624 1385.17 MQ 0.79 0.74

BH1731 -49089 -2971626 1385.9 MQ 1.34 1.00

BH1731 -49089 -2971626 1385.1 MQ 1.15 0.60

BH1745 -49081.9 -2971596 1384.1 UQ 1.22 1.00

BH1745 -49081.9 -2971596 1383.2 UQ 6.95 0.80

BH1746 -49082.8 -2971595 1383.7 UQ 2.80 1.00

BH1747 -49084.9 -2971593 1383.9 UQ 1.22 1.00

BH1747 -49084.9 -2971593 1383.1 UQ 0.95 0.60

BH1748 -49086.3 -2971591 1382.3 UQ 1.02 1.00

BH1749 -49087.2 -2971590 1382.3 UQ 0.75 1.00

BH1750 -49088 -2971588 1381.2 UQ 1.53 0.80

BH1751 -49089.7 -2971587 1381.7 UQ 0.98 1.00

BH1752 -49092.7 -2971585 1381.7 UQ 2.58 1.00

BH1753 -49092.4 -2971582 1381.3 UQ 1.86 1.00

BH1754 -49090.8 -2971581 1381.21 UQ 1.48 0.78

BH1755 -49089.2 -2971580 1381.3 UQ 2.37 1.00

BH1756 -49087.8 -2971578 1380.7 UQ 1.43 1.00

BH1757 -49115.5 -2971562 1383.215 MQ 0.30 0.79

BH1758 -49114.5 -2971561 1385 UQ 0.40 0.80

BH1760 -49108.9 -2971556 1381.15 MQ 0.86 0.70

BH1761 -49107.2 -2971555 1381.2 MQ 0.64 0.80

BH1762 -49104.5 -2971548 1381.1 MQ 0.75 0.60

BH1765 -49099.9 -2971542 1382.89 UQ 0.90 1.00

BH1766 -49097.7 -2971540 1382.7 UQ 0.25 1.00

BH1766 -49097.7 -2971540 1381.2 MQ 0.49 0.80

BH1767 -49113.3 -2971606 1382.7 MZQ 3.56 1.00

BH1768 -49114.9 -2971605 1381.5 MZQ 2.22 1.00

BH1768 -49114.9 -2971605 1380.7 MZQ 2.39 0.60

BH1769 -49116.4 -2971604 1382.3 MZQ 2.21 1.00

BH1769 -49116.4 -2971604 1381.3 MZQ 3.26 1.00

BH1770 -49118.4 -2971603 1382.1 MZQ 4.03 1.00

BH1770 -49118.4 -2971603 1381.2 MZQ 1.18 0.80

BH1772 -49119.3 -2971598 1380.5 LQ 1.73 1.00

BH1774 -49116.7 -2971589 1382.5 MZQ 0.66 1.00

BH1774 -49116.7 -2971589 1381.5 MZQ 0.91 1.00

BH1775 -49115.2 -2971587 1382.1 MZQ 1.22 1.00

BH1775 -49115.2 -2971587 1381.2 MZQ 2.06 0.80

BH1777 -49059.6 -2971589 1383.48 UQ 2.13 1.00

BH1777 -49059.6 -2971589 1382.2 MQ 0.81 0.80

BH1778 -49061.6 -2971590 1383.5 MQ 3.27 1.00

BH1778 -49061.6 -2971590 1382.5 MQ 0.93 1.00

BH1779 -49063.3 -2971591 1383.7 MQ 1.05 1.00

BH1779 -49063.3 -2971591 1382.7 MQ 0.75 1.00

BH1780 -49065.4 -2971593 1383.115 UQ 8.28 0.55

BH1780 -49065.4 -2971593 1382.245 MQ 1.04 0.79

BH1781 -49068.2 -2971592 1382.7 MQ 0.96 1.00

BH1782 -49065.2 -2971590 1382.7 MQ 2.74 1.00

BH1783 -49063.5 -2971589 1382.88 UQ 1.66 1.00

BH1784 -49061.8 -2971587 1382.7 MQ 2.18 1.00

BH1785 -49113 -2971634 1386.18 MQ 3.93 0.56

BH1786 -49112.7 -2971632 1386.74 UQ 2.64 0.52

BH1787 -49111.9 -2971628 1386.58 UQ 1.82 1.00

BH1787 -49111.9 -2971628 1385.78 UQ 3.08 0.60

BH1788 -49111.4 -2971627 1385.93 UQ 1.41 0.74

BH1789 -49110.9 -2971622 1386.5 UQ 2.90 1.00

BH1789 -49110.9 -2971622 1385.5 UQ 3.10 1.00

BH1790 -49111 -2971618 1386.6 UQ 1.40 1.00

BH1790 -49111 -2971618 1385.65 UQ 0.78 0.90

BH1791 -49111.8 -2971617 1384.9 UQ 3.02 1.00

BH1791 -49111.8 -2971617 1384.1 UQ 1.95 0.60

BH1792 -49082.5 -2971597 1384.7 UQ 3.34 1.00

BH1793 -49085.9 -2971576 1382.1 UQ 0.69 1.00

BH1793 -49085.9 -2971576 1381.2 UQ 1.38 0.80

BH18 -49553.3 -2971952 1385.152 5Q 0.18 1.00

BH18 -49553.3 -2971952 1384.152 5Q 0.70 1.00

BH1800 -49098.6 -2971568 1378.3 MZQ 1.14 1.00

BH1800 -49098.6 -2971568 1377.3 MZQ 1.34 1.00

BH1801 -49096.3 -2971566 1378.1 MZQ 0.76 1.00

BH1801 -49096.3 -2971566 1377.2 MZQ 1.97 0.80

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1802 -49094.6 -2971563 1378.1 MZQ 0.78 1.00

BH1802 -49094.6 -2971563 1377.2 MZQ 1.92 0.80

BH1803 -49093 -2971562 1378.9 MZQ 0.50 1.00

BH1803 -49093 -2971562 1378.1 MZQ 2.93 0.60

BH1804 -49092.3 -2971560 1377.5 MZQ 0.77 1.00

BH1805 -49090.8 -2971559 1378.3 MZQ 1.63 1.00

BH1806 -49089.1 -2971557 1377.5 MZQ 1.26 1.00

BH1807 -49087.1 -2971555 1377.5 MZQ 1.50 1.00

BH1808 -49079.4 -2971549 1378.3 MZQ 2.22 1.00

BH1808 -49079.4 -2971549 1377.3 MZQ 2.09 1.00

BH1809 -49077.5 -2971547 1378.7 MZQ 1.36 1.00

BH1810 -49075.7 -2971546 1378.5 MZQ 1.21 1.00

BH1811 -49074.7 -2971544 1379.1 MZQ 1.59 1.00

BH1811 -49074.7 -2971544 1378.2 MZQ 0.54 0.80

BH1812 -49061.2 -2971591 1381.9 MZQ 0.63 1.00

BH1812 -49061.2 -2971591 1381.1 MZQ 0.56 0.60

BH1813 -49062.8 -2971593 1382.3 MZQ 0.74 1.00

BH1813 -49062.8 -2971593 1381.3 MZQ 0.70 1.00

BH1814 -49064.7 -2971595 1381.7 MZQ 0.42 1.00

BH1815 -49065.4 -2971596 1382.9 MZQ 0.72 1.00

BH1815 -49065.4 -2971596 1382.1 MZQ 0.53 0.60

BH1816 -49067.5 -2971598 1382.9 MZQ 1.38 1.00

BH1816 -49067.5 -2971598 1382.1 MZQ 0.61 0.60

BH1817 -49068.4 -2971599 1382.2 LQ 1.05 0.80

BH1819 -49073.9 -2971596 1381.1 MZQ 0.82 1.00

BH1819 -49073.9 -2971596 1380.2 MZQ 0.50 0.80

BH1820 -49076.7 -2971597 1381.9 MZQ 2.39 1.00

BH1820 -49076.7 -2971597 1381.1 MZQ 0.63 0.60

BH1821 -49080.5 -2971596 1382.1 MZQ 1.35 1.00

BH1821 -49080.5 -2971596 1381.2 MZQ 1.73 0.80

BH1822 -49095.5 -2971539 1383.14 UQ 0.49 1.00

BH1823 -49093.2 -2971536 1383.28 UQ 0.38 1.00

BH1825 -49089.7 -2971525 1382.1 MQ 0.60 1.00

BH1825 -49089.7 -2971525 1381.2 MQ 0.90 0.80

BH1826 -49086.5 -2971521 1382.1 MQ 1.24 1.00

BH1826 -49086.5 -2971521 1381.2 MQ 0.62 0.80

BH1834 -49125.5 -2971645 1394.7 MZQ 0.31 1.00

BH1834 -49125.5 -2971645 1393.7 MZQ 0.16 1.00

BH1835 -49125.4 -2971647 1394.7 MZQ 0.26 1.00

BH1836 -49126.3 -2971650 1395.59 LQ 0.87 0.60

BH1836 -49126.3 -2971650 1394.42 MZQ 0.22 1.00

BH1837 -49127 -2971652 1395.5 LQ 0.23 1.00

BH1837 -49127 -2971652 1394.5 LQ 0.31 1.00

BH1838 -49129.1 -2971655 1395.5 LQ 0.25 1.00

BH1838 -49129.1 -2971655 1394.5 LQ 0.29 1.00

BH1839 -49115 -2971589 1380.7 MZQ 0.90 1.00

BH1839 -49115 -2971589 1379.7 MZQ 2.61 1.00

BH1840 -49113.5 -2971587 1380.5 MZQ 0.72 1.00

BH1840 -49113.5 -2971587 1379.5 MZQ 1.11 1.00

BH1841 -49111.6 -2971586 1380.7 MZQ 4.36 1.00

BH1841 -49111.6 -2971586 1379.7 MZQ 3.83 1.00

BH1842 -49109.4 -2971583 1380.3 MZQ 0.50 1.00

BH1842 -49109.4 -2971583 1379.3 MZQ 0.94 1.00

BH1842 -49109.4 -2971583 1378.3 MZQ 3.18 1.00

BH1843 -49109.2 -2971581 1379.5 MZQ 4.35 1.00

BH1843 -49109.2 -2971581 1378.5 MZQ 1.02 1.00

BH1844 -49107.1 -2971579 1379.5 MZQ 2.05 1.00

BH1844 -49107.1 -2971579 1378.5 MZQ 1.95 1.00

BH1845 -49105.9 -2971577 1380.5 MZQ 0.85 1.00

BH1845 -49105.9 -2971577 1379.5 MZQ 0.74 1.00

BH1846 -49103.5 -2971576 1380.5 MZQ 1.72 1.00

BH1846 -49103.5 -2971576 1379.5 MZQ 1.14 1.00

BH1846 -49103.5 -2971576 1378.5 MZQ 1.30 1.00

BH1847 -49102.4 -2971573 1379.1 MZQ 1.70 1.00

BH1847 -49102.4 -2971573 1378.2 MZQ 1.83 0.80

BH1848 -49101.2 -2971571 1379.3 MZQ 0.74 1.00

BH1848 -49101.2 -2971571 1378.3 MZQ 3.68 1.00

BH1884 -49068.1 -2971607 1381.5 LQ 0.55 1.00

BH1884 -49068.1 -2971607 1380.5 LQ 0.89 1.00

BH1886 -49070.4 -2971612 1381.98 LQ 0.67 1.00

BH1886 -49070.4 -2971612 1380.26 MZQ 3.74 0.92

BH19 -49547.2 -2971949 1385.106 5Q 0.37 1.00

BH19 -49547.2 -2971949 1384.106 5Q 0.18 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH1945 -48355.7 -2970080 1384.1 UQ 0.40 1.00

BH1945 -48355.7 -2970080 1383.2 UQ 0.73 0.80

BH1946 -48359.8 -2970078 1384.1 UQ 1.43 1.00

BH1946 -48359.8 -2970078 1383.2 UQ 0.65 0.80

BH1947 -48362.6 -2970077 1383.9 UQ 1.33 1.00

BH1947 -48362.6 -2970077 1383.1 UQ 1.04 0.60

BH1948 -48364.2 -2970075 1384.7 UQ 1.62 1.00

BH1949 -48368.6 -2970073 1383.2 UQ 1.88 0.80

BH1966 -48351 -2970112 1385.11 MZQ 0.41 0.58

BH1967 -48370.5 -2970103 1384.36 LQ 0.24 0.96

BH1984 -48356 -2970146 1386.1 LQ 0.09 0.60

BH1986 -48339 -2970156 1386.245 LQ 0.26 0.71

BH1987 -48363.8 -2970142 1385.3 MZQ 0.42 1.00

BH1987 -48363.8 -2970142 1384.3 MZQ 0.35 1.00

BH1988 -48367.1 -2970140 1384.28 MZQ 0.31 0.96

BH1989 -48368.4 -2970139 1385.34 LQ 0.21 1.00

BH1989 -48368.4 -2970139 1384.07 MZQ 0.63 0.54

BH1990 -48370.8 -2970138 1385.6 LQ 0.27 1.00

BH1990 -48370.8 -2970138 1384.7 LQ 0.53 0.80

BH1991 -48373 -2970137 1386.3 LQ 0.23 1.00

BH1991 -48373 -2970137 1385.3 LQ 0.28 1.00

BH1993 -48376.3 -2970136 1385.2 LQ 0.23 0.80

BH1994 -48378.9 -2970132 1384.09 LQ 0.19 0.58

BH2 -48996 -2971494 1387.5 5Q 0.84 1.00

BH20 -49542.9 -2971946 1385.539 5Q 0.29 1.00

BH20 -49542.9 -2971946 1384.539 5Q 0.24 1.00

BH2002 -48372 -2970169 1387.53 MQ 0.65 1.00

BH2006 -48347 -2970186 1387.345 LQ 0.30 0.91

BH2013 -48369 -2970206 1387.225 LQ 0.34 0.63

BH2015 -48367 -2970211 1386.9 LQ 0.30 1.00

BH2015 -48367 -2970211 1386.1 LQ 0.29 0.60

BH2016 -48368.7 -2970210 1386.24 LQ 0.37 0.80

BH2017 -48371.1 -2970209 1387.37 MQ 0.23 0.56

BH2018 -48372.4 -2970208 1387.315 MQ 0.72 0.57

BH2019 -48374.1 -2970207 1387.3 MQ 0.29 1.00

BH2019 -48374.1 -2970207 1386.3 MQ 0.57 1.00

BH2020 -48375 -2970206 1387.1 MQ 0.52 1.00

BH2020 -48375 -2970206 1386.2 MQ 0.51 0.80

BH2022 -48379.5 -2970204 1385.1 MQ 0.68 0.60

BH2044 -48376.4 -2970244 1387.145 LQ 0.28 0.57

BH2054 -48383.6 -2970180 1384.4 UQ 0.74 0.80

BH2054 -48383.6 -2970180 1384.4 UQ 0.74 0.80

BH2055 -48471.6 -2970552 1385.02 MQ 0.46 1.00

BH2055 -48471.6 -2970552 1384.12 MQ 0.26 0.80

BH2056 -48473.2 -2970550 1383.88 MQ 0.73 0.60

BH2057 -48473.8 -2970547 1383.08 MQ 0.42 1.00

BH2060 -48461.5 -2970556 1388.54 UQ 0.53 1.00

BH2067 -48445.3 -2970511 1386.2 UQ 0.35 0.80

BH2068 -48447.7 -2970508 1384.78 UQ 0.75 0.80

BH2072 -48462.5 -2970555 1387.62 MQ 0.40 0.80

BH2082 -48467.8 -2970556 1386.16 MQ 1.11 1.00

BH2082 -48467.8 -2970556 1384.285 LQ 0.54 0.97

BH2083 -48469.5 -2970555 1385.54 MQ 0.51 1.00

BH2083 -48469.5 -2970555 1384.07 LQ 0.77 0.54

BH2098 -48376.3 -2970167 1385.7 5Q 0.74 1.00

BH21 -49537.2 -2971943 1385.1 5Q 0.30 1.00

BH21 -49537.2 -2971943 1384.2 5Q 0.11 0.80

BH2100 -48367 -2970186 1386.23 UQ 0.49 0.80

BH2101 -48366.5 -2970188 1386.98 5Q 0.32 0.80

BH2109 -48411.1 -2969609 1377.2 MQ 0.39 0.60

BH2109 -48411.1 -2969609 1376.05 LQ 0.51 0.50

BH2110 -48414.3 -2969611 1376.889 MQ 0.26 0.80

BH2111 -48416.6 -2969613 1376.7 MQ 0.35 1.00

BH2112 -48419.6 -2969614 1376.9 MQ 0.31 1.00

BH2112 -48419.6 -2969614 1376.1 MQ 0.13 0.60

BH2113 -48423.3 -2969616 1376.961 MQ 0.11 1.00

BH2113 -48423.3 -2969616 1376.061 MQ 0.13 0.80

BH2128 -48408.3 -2969706 1378.9 5Q 0.58 1.00

BH2128 -48408.3 -2969706 1378.1 5Q 0.28 0.60

BH2129 -48402.8 -2969704 1378.796 5Q 0.53 1.00

BH2129 -48402.8 -2969704 1377.796 5Q 0.94 1.00

BH2130 -48398.4 -2969703 1377.9 5Q 0.44 1.00

BH2130 -48398.4 -2969703 1377.1 5Q 0.75 0.60

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH2131 -48396.1 -2969702 1377.9 5Q 0.78 1.00

BH2131 -48396.1 -2969702 1377.1 5Q 0.37 0.60

BH2132 -48392.7 -2969701 1378.3 5Q 0.40 1.00

BH2132 -48392.7 -2969701 1377.3 5Q 0.55 1.00

BH2134 -48376.4 -2970244 1387.145 LQ 0.28 0.57

BH251 -48432 -2970510 1387.13 5Q 0.28 0.54

BH252 -48437 -2970503 1388.19 MQ 0.55 0.56

BH256 -48432 -2970494 1389.1 UQ 0.42 1.00

BH256 -48432 -2970494 1388.2 UQ 0.49 0.80

BH330 -48380 -2970376 1390.2 MQ 0.34 0.80

BH39 -49588.6 -2971963 1383.481 5Q 0.28 1.00

BH40 -49587 -2971966 1383.43 5Q 0.13 1.00

BH437 -49125.5 -2971645 1394.7 MZQ 0.31 1.00

BH437 -49125.5 -2971645 1393.7 MZQ 0.16 1.00

BH438 -49125.4 -2971647 1394.7 MZQ 0.26 1.00

BH439 -49126.3 -2971650 1395.59 LQ 0.87 0.60

BH439 -49126.3 -2971650 1394.42 MZQ 0.22 1.00

BH440 -49127 -2971652 1395.5 LQ 0.23 1.00

BH440 -49127 -2971652 1394.5 LQ 0.31 1.00

BH441 -49129.1 -2971655 1395.5 LQ 0.25 1.00

BH441 -49129.1 -2971655 1394.5 LQ 0.29 1.00

BH442 -49098 -2971615 1385.7 LQ 2.82 1.00

BH442 -49098 -2971615 1384.7 LQ 1.22 1.00

BH443 -49097 -2971620 1386.9 LQ 1.23 1.00

BH443 -49097 -2971620 1385.9 LQ 1.02 1.00

BH443 -49097 -2971620 1384.9 LQ 1.80 1.00

BH443 -49097 -2971620 1384.1 LQ 0.89 0.60

BH444 -49092 -2971624 1386.04 LQ 1.59 1.00

BH444 -49092 -2971624 1385.17 LQ 0.79 0.74

BH445 -49089 -2971626 1385.9 LQ 1.34 1.00

BH445 -49089 -2971626 1385.1 LQ 1.15 0.60

BH454 -49109 -2971655 1388.7 MQ 2.70 1.00

BH454 -49109 -2971655 1387.7 MQ 1.13 1.00

BH455 -49111 -2971650 1388.1 MQ 2.72 1.00

BH455 -49111 -2971650 1387.2 MQ 3.06 0.80

BH456 -49114 -2971646 1388.1 MQ 2.41 1.00

BH456 -49114 -2971646 1387.2 MQ 2.90 0.80

BH457 -49116 -2971641 1388.9 MQ 1.94 1.00

BH457 -49116 -2971641 1388.1 MQ 2.27 0.60

BH458 -49114 -2971635 1388.3 MQ 1.98 1.00

BH458 -49114 -2971635 1387.34 MQ 2.63 0.92

BH459 -49113 -2971631 1386.9 MQ 1.80 1.00

BH459 -49113 -2971631 1386.1 MQ 1.87 0.60

BH507 -49555 -2971946 1383.2 UQ 0.51 0.80

BH513 -49452.9 -2971921 1389.7 UQ 0.82 1.00

BH516 -49435.9 -2971912 1389.9 UQ 0.70 1.00

BH516 -49435.9 -2971912 1389.1 UQ 0.59 0.60

BH517 -49431.5 -2971908 1390.1 UQ 0.43 1.00

BH517 -49431.5 -2971908 1389.2 UQ 0.45 0.80

BH518 -49428.2 -2971905 1391.1 UQ 0.58 1.00

BH518 -49428.2 -2971905 1390.2 UQ 0.74 0.80

BH519 -49425.2 -2971904 1390.9 UQ 0.52 1.00

BH519 -49425.2 -2971904 1390.1 UQ 0.47 0.60

BH520 -49422.9 -2971902 1390.9 UQ 1.05 1.00

BH520 -49422.9 -2971902 1390.1 UQ 0.84 0.60

BH522 -49095.9 -2971606 1391.04 LQ 0.55 1.00

BH522 -49095.9 -2971606 1390.04 LQ 1.50 1.00

BH523 -49096.7 -2971601 1390.03 LQ 0.68 1.00

BH523 -49096.7 -2971601 1389.03 LQ 0.63 1.00

BH526 -49102.9 -2971592 1389.3 LQ 0.81 1.00

BH526 -49102.9 -2971592 1388.3 LQ 0.90 1.00

BH526 -49102.9 -2971592 1387.3 LQ 0.37 1.00

BH527 -49108 -2971588 1390.7 LQ 0.74 1.00

BH527 -49108 -2971588 1389.7 LQ 0.89 1.00

BH528 -49109.7 -2971590 1390.7 LQ 11.80 1.00

BH528 -49109.7 -2971590 1389.7 LQ 0.69 1.00

BH529 -49111.8 -2971591 1390.3 LQ 0.75 1.00

BH529 -49111.8 -2971591 1389.3 LQ 0.98 1.00

BH530 -49113.5 -2971592 1391.9 LQ 0.70 1.00

BH530 -49113.5 -2971592 1391.1 LQ 0.85 0.60

BH531 -49114.7 -2971594 1391.7 LQ 0.81 1.00

BH551 -49390 -2971871 1396.7 MQ 0.26 1.00

BH552 -49386 -2971864 1398 MQ 0.45 1.00

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Borehole ID X Coordinate Y Coordinate Z Coordinate Reef Au Thickness

BH552 -49386 -2971864 1397.17 MQ 0.20 0.66

BH553 -49380 -2971854 1395.84 MQ 0.38 1.00

BH553 -49380 -2971854 1394.84 MQ 0.18 1.00

BH554 -49369 -2971856 1397.42 MQ 0.51 1.00

BH558 -49344 -2971842 1397.8 MQ 0.19 0.52

BH558 -49344 -2971842 1397.8 MQ 0.19 0.52

BH559 -49347 -2971853 1397.415 MQ 0.37 0.97

BH574 -49487.8 -2971918 1391.9 5Q 0.43 1.00

BH574 -49487.8 -2971918 1391.14 5Q 0.95 0.52

BH576 -49482.4 -2971916 1392.3 5Q 0.74 0.96

BH61 -49635 -2971991 1384.61 LQ 0.50 0.98

BH62 -49637 -2971989 1384.08 LQ 0.35 1.00

BH702 -48447.3 -2970487 1383.202 UQ 0.45 0.60

BH726 -48454.7 -2970511 1384.55 MQ 0.43 0.94

BH728 -48449.9 -2970499 1383.59 MQ 0.23 1.00

BH729 -48453.8 -2970491 1381.76 MQ 0.87 1.00

BH729 -48453.8 -2970491 1380.86 MQ 0.25 0.80

BH757 -48377.9 -2970162 1385.101 UQ 0.51 0.98

BH758 -48374.9 -2970160 1385.546 UQ 0.30 1.00

BH759 -48374 -2970156 1386.821 UQ 0.19 1.00

BH760 -48372.2 -2970155 1386.487 UQ 0.28 1.00

BH761 -48371.8 -2970152 1386.983 UQ 0.30 1.00

BH762 -48371.5 -2970148 1387.29 UQ 0.43 1.00

BH762 -48371.5 -2970148 1386.49 UQ 0.15 0.60

BH763 -48369.5 -2970145 1385.833 UQ 0.32 1.00

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BH859 -49084.6 -2971596 1379.5 MZQ 8.33 1.00

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