Caledonia Mining Corporation Plc (“Caledonia” or “the Company”)
(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce
the first results from its recent exploration program at Motapa, an
exploration project acquired in November 2022, located directly
adjacent to the Company’s Bilboes Gold Project in southern
Zimbabwe.
At Motapa, the combination of diamond drilling
(“DD”) and reverse circulation drilling (“RC”), designed to test
the continuation of sulphide zones of mineralisation below the
historic oxide open pits, have returned highly encouraging results.
In addition, shallower drilling in new target areas has returned
encouraging results both in shallower oxide, and deeper sulphide
zones.
The program to date has achieved the initial
objectives and included 12,724m of trenching, 4,143m of DD and
5,433m of RC. The drill program featured generally wide-spaced
holes at several prospects on the Motapa lease area and highlighted
the presence of widespread gold mineralization over a combined
strike length of more than 9km. Results included significant high
grade gold mineralization in numerous areas (e.g. in particular the
Jupiter, Pluvious and Mpudzi areas) which will now be the focus for
follow up drilling with a view to defining an open pit mineral
resource. Drilling highlights to date include:
- Hole JPRC01 – 12.00m* at 6.36g/t from 81m
downhole, RC
- Hole JPRC05 - 13.00m at 5.17g/t from 88m
downhole, RC
- Hole PLVRC06 - 7.00m at 3.27g/t from 64m
downhole, RC
- Hole MPZRC02 - 4.00m at 10.95g/t from 12m
downhole, RC
- Hole JDD08 - 14.00m at 3.20g/t from 63m
downhole, DD
- Hole PLVDD01 - 8.00m at 4.00g/t from 74m
downhole, DD
*all intersections above are down hole
intersections; estimated true widths, all drill hole intersections
are quoted in the tables later in this press release.
Further information on the results is provided
below.
Chief Executive Officer, Mark Learmonth,
said:
“The results from the sampling at Motapa have
delivered encouraging results in terms of strike width, length and
grade. The drill program featured generally wide-spaced holes at
several prospects on the Motapa lease area and highlighted the
presence of widespread gold mineralization over a combined strike
length of more than 9 km.
“Motapa sits adjacent to Bilboes, which is where
the Company plans to develop a major new high grade open pit gold
mine. These initial results confirm that Motapa will continue to
form a key role in the Company’s growth strategy.”
Enquiries:
Caledonia Mining Corporation Plc Mark Learmonth
Camilla Horsfall |
Tel: +44 1534 679 800 Tel: +44 7817 841 793 |
|
|
Cavendish Capital Markets
Limited (Nomad and Joint Broker) Adrian Hadden Pearl
Kellie |
Tel: +44 207 397 1965Tel:
+44 131 220 9775 |
|
|
Panmure Liberum Limited
(Joint Broker) Scott Mathieson Matt Hogg |
Tel: +44 20 3100 2000 |
|
|
Camarco, Financial PR
(UK) Gordon Poole Julia Tilley Elfie Kent |
Tel: +44 20 3757 4980 |
|
|
3PPB (Financial PR, North
America) Patrick Chidley Paul Durham |
Tel: +1 917 991 7701Tel: +1
203 940 2538 |
|
|
Curate Public Relations
(Zimbabwe) Debra Tatenda |
Tel: +263 77802131 |
|
|
IH Securities (Private)
Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa |
Tel: +263 (242) 745
119/33/39 |
Overview of Motapa Exploration
Program
- The Motapa exploration program commenced in 2023 with
geological mapping, geophysical surveys, trenching, and a later
program in 2024 of surface exploration drilling.
- The initial work informed targets for wide spaced drilling to
test mineralization below the historically mined oxide open pits
and in new target areas which have not yet been mined.
- To date, 12,724m of trenching, 4,143m of DD and 5,433m of RC
have been completed, marking the end of the 2024 exploration
drilling activities.
- To date, complete data (assay results) have been received for
93% of DD samples and 61% of RC samples submitted for analysis at
external laboratories. A total of 13,374 trench samples have
been analyzed by means of bottle roll analysis at the Company’s
internal laboratory at Bilboes.
- Caledonia believes that the property presents substantial
upside from both greenfield and brownfield exploration
opportunities.
- Further updates will be provided on the completion and
assessment of the outstanding assay results.
Details of the Program
Motapa is located approximately 110km north of
Bulawayo in the Bubi District of the Matabeleland North Province of
Zimbabwe. The tenement is within state land under the jurisdiction
of the Bubi Rural District and the tenure is held in the form of a
mining lease covering approximately 2,200 hectares which provides
for both exploration and mining rights. The locality of Motapa is
shown relative to other key Caledonia properties in Figure 1.
Caledonia’s Bilboes property and associated large scale new
development project is located directly to the north of Motapa with
Bilboes and Motapa sharing a lease boundary.
The mining lease area is part of the Bubi
Greenstone Belt and occupies a ± 6km stretch of an elongated
northeast - southwest trending intensely sheared broad shear zone
with three main mineralised footprints. Named from the north, these
shear structures are Motapa North, Motapa Central and Motapa South
(Figure 2).
Figure
1: General Locality of the Motapa
Exploration Project, Zimbabwe.
Figure
2: Surface Geology and Main Shear Zones at
the Motapa Exploration Project.
(Refer to Figure 3 for precise extent of the
mining lease boundary.)
Caledonia believes that the property presents
both greenfield and brownfield upside exploration opportunities,
and the proximity to the planned development at Bilboes makes
Motapa strategically very important for Caledonia, given the
potential synergies between the two.
Initial exploration activities at Motapa
commenced in 2023 and comprised the following:
- Detailed geological mapping of the tenement
- Historical data collation of previous exploration and mining
activities
- Aero-magnetics flown by drone
- Ground penetrating radar (LOZA) surveys to identify underground
voids
These activities, completed in the same calendar
year, were used to define an exploration program for 2024. The
total exploration works program originally planned comprised the
following:
- 22,212 meters of surface trenching
- 3,987 meters of DD, 3,502 samples submitted of which 3,268
assays have been received.
- 4,663 meters of RC, 4,226 samples submitted of which 2,575
assays have been received.
To date, 12,724m of trenching, 4,143m of DD and
5,433m of RC have been completed, marking the end of the 2024
exploration drilling activities. Figure 3 shows approximate
locations of trenching sites, while Figures 4, 5 and 6 are air
photos showing the North, Central and South known mineralized
trends on Motapa, in relation to old workings with drill hole
locations marked.
To date, complete data (assay results) have been
received for 93% of DD samples and 61% of RC samples submitted for
analysis at external laboratories. A total of 13,374 trench samples
have been analyzed by means of bottle roll analysis at the
Company’s internal laboratory at Bilboes.
Trenching and infill mapping identified Slates,
Meta-andesites and BIFs as host rocks to gold mineralization. Gold
mineralization is associated with extensive sericite, carbonate,
silica, pyrite, arsenopyrite and magnetite alteration. From logging
of RC and DD drill hole core, it is evident that mineralization is
predominantly structurally controlled and associated with intense
shearing, silicification and sulphidisation (pyrite and
arsenopyrite) in slates, quartz feldspar porphyries (Motapa North)
and Meta-Andesites and BIF (Motapa Central and South). Sporadic
decent widths (+5m), high-grade zones are mostly ascribed to Motapa
North Jupiter and Shawl orebodies, with the widest zone encountered
being 12.04m at 3.20g/t at Jupiter.
Trenching and drilling methodology and results
are discussed in sections later on in this document.
Key Conclusions Regarding Work to
Date
Motapa North
The historic oxide open pits are located
approximately 250 meters to the south of the shared Bilboes
property boundary and a few hundred meters further to the planned
metallurgical facility at Bilboes. Exploration drilling during 2024
was focused more on the northern trend which has returned
sufficiently encouraging results to warrant further follow up
drilling during 2025. The focus of further drilling will be to
define an open pit mineral resource in the near term along the
2,750-meter strike length of Motapa North with drill section lines
planned at a 25 meter spacing.
Motapa Central
Historically, underground mining took place in
the western portion of Motapa Central along the Club section.
Underground working and assay plans show that highly encouraging
grades were mined in the past, and therefore exploration drilling
has been focused on the eastern portion in the Mpudzi section.
The Mpudzi section has no historical open pits
and exploration drilling encountered shallow high grade
mineralisation with deeper drill holes showing the continuation of
these zones at depth. The shallow mineralisation appears to be
oxidised and further drilling with the aim to define a near-term
oxide mineral resource is planned for 2025.
Motapa South
Limited drillholes were planned and executed at
Motapa South due to both the north and central areas taking
precedence because of their proximity to Bilboes. Going forward for
2025, limited drilling will take place with drilling to intensify
during 2026 and 2027.
Figure
3: Trenching Localities at the Motapa
Exploration Project.
Figure
4: Motapa North strike DD and RC drillhole
collars.
Figure
5: Motapa Central strike DD and RC
drillhole collars.
Figure
6: Motapa South strike DD and RC drillhole
collars.
Clarification of mining lease
area
During the Motapa drilling project, a
discrepancy was discovered between the mining area noted in the
registered mining lease (2,224 hectares) and a historic map of the
area by the Surveyor General which was supposed to have informed
the extent of the lease (2,161 hectares). Management’s view is that
the excluded area has no implications on the ongoing exploration
project as there were no plans to explore there and it is not
material to Motapa’s development plans. Furthermore, the exclusion
of the old tailings dump has reduced the Company’s rehabilitation
liability in respect of Motapa.
In summary, the Surveyor General’s map excludes
an access road through the area, an old tailings dump and small
parts of pits in the central strike zone of the area (see Figure 3
for more detail). The Ministry of Mines has been contacted to
resolve the discrepancy and it is likely that the lease will be
updated in due course to clarify that the excluded area is not part
of the lease, given that the Surveyor General’s map is likely to
take precedence.
Trenching and trench sampling
methodology
After the geologist has noted that the trench
has successfully been excavated to bedrock, the sample intervals
are set out on the side walls. At the start of the sample line, a
peg is installed into the floor with the trench number. A clean,
exposed side of the trench is chosen and maintained throughout the
sampling process. The sidewall is cleaned with a shovel to ensure
an uncontaminated face is exposed for sampling. Thereafter sample
localities are marked on the sidewall.
Sampling is done at one-meter intervals
respecting lithological contacts, alterations and structures. A
minimum sampling width of 0.3m and maximum of 1m are observed
throughout the sample interval marking. A clean sample mat is
placed on the floor of the trench and samples are chipped from the
bedrock sidewall into a sample pan. Samples are ticketed and placed
in a sample bag closed with twine. Sample tickets, locality and
weights are recorded on the sample sheet record for each
trench.
A total of 15% per batch consists of check
samples comprising one standard, one field duplicate and one blank
(Dolerite Dyke). Each batch contains a total of 20 samples
inclusive of check samples. Trench samples are assayed on site by
means of a bottle roll assay at the Company’s Isabella laboratory
situated at Bilboes.
Samples above a cut-off grade of 0.10g/t bottle
roll grade are selected for fire assay. These samples are
composited and sent for analysis at an external laboratory.
The compositing of samples is guided by
lithology as well as alteration domains; no sampling will be done
across different domains. Outliers with anomalously high grades are
not composited unless they are part of a homogenous lithological
and alteration domain. When compositing in wider ore zones, a
composite sample is made by combining five samples, whilst in
narrow ore zones two samples will make up a composite sample. The
homogenized sample is split using a riffle splitter to get two 2kg
samples to be delivered to the external laboratory for bottle roll
analysis and the other for fire assay.
Total meters trenched to date amount to 12,724m,
with 13,374 samples being collected from 56 trenches (see Figure
3). Of these samples, 907 samples were selected
for fire assay at an external laboratory with results received for
710 samples to date. The longest trench was MTR12 with 894m. The
trenches were approximately 0.5-2m deep, were sampled on an
individual basis and provided exposures for geological mapping.
Using a 0.1 g/t gold lower cut-off, for the 16
trenches with analytical results (16 of 53), 10 trenches (63%)
intersected mineralization. Trenches that intersected gold
mineralization are summarized in Table 1. The widest zone of
mineralization encountered was 19.32m at 0.36 g/t (MTR25A) with a
peak value of 11.75 g/t. However, most of the mineralization widths
are pervasively narrow.
Widely spaced trenches (100m) MTR27, MTR27_1E,
MTR27_2E and MTR25 have suggested a continuity of mineralization
over a 250m strike length. Mineralization has also been encountered
in trench MTR9 in anomalies located along Motapa Central
strike.
Trenching and infill mapping is highlighting
increased recognition of slates, andesites and BIF lithologies as
host rocks to gold mineralization. Gold mineralization is
associated with extensive sericite, carbonate, silica, pyrite
and/or magnetite alteration. Drill testing of the priority targets
is in progress.
Surface drilling
Sixty-two down-the-hole surveys were conducted
on RC and DD holes which showed no major departures from the
planned trajectory. The project QAQC statistical tests carried out
on DD and RC assay results from the ISO accredited Performance
Laboratories were satisfactory at an overall pass rate of 90%.
The RC and DD methodology is discussed below
with the results obtained tabulated in Table 5 and the drill hole
information tabulated in Table 6. Drill hole localities for Motapa
North, Motapa Central and Motapa South are provided
in Figure 5 and Figure
6 respectively.
DD methodology
After all geotechnical and structural logging is
complete, the geologist inspects the core and delineates potential
ore zones.
The geologist determines sampling depths, each
sampling interval depending on lithological contacts, alterations,
structures and quantity of sulphides with the maximum sampling
width of 1m and minimum sampling width of 0.3m. The sample depths
are printed on a sampling sheet and need to be marked on the core
before density determination can take place. The densities are
measured before the core is cut. Sampling starts five meters away
from the footwall contact and ends five meters away from the
hanging wall contact to allow for sterilization.
Half core was sampled, with the other half
remaining at the core shed for archiving.
Core segments were picked within demarcated and
labeled intervals and put in respective sample bags. The samples
are numbered as per the sampling plan with one ticket put into the
respective sample bag, and the other onto the remaining piece of
core where the sample would have been collected. The sample I.D.is
also scribbled on the remaining half core.
At the end, sample bags are sealed with cable
ties and weighed; with sample weights recorded on the sampling
sheet.
The samples are then bagged into grain bags for
dispatch to an outside accredited laboratory or storage prior to
submission.
RC methodology
Checks for rig outlet and splitter cleanliness
are conducted prior to the commencement of drilling activities and
continuously throughout the drilling activities to avoid sample
contamination.
Sample bags are pre-numbered with unique sample
numbers (drill hole number and drill hole depth intervals) before
the drilling commences. Sample depths recorded are relative to the
ground surface at the drillhole collar. If no sample is recovered,
such as when voids are intersected, the numbering sequence is
continued uninterrupted with empty numbered bags inserted into the
sample sequence. This will avoid possible confusion in sampling.
Sample bags are immediately sealed to effectively prevent external
contamination.
A sample bag is tied to the sample outlet of the
rig in preparation for sample collection before sampling commences.
Bulk samples are collected at 1m intervals and split using a riffle
splitter to three samples. One sub-sample of 2kg will be taken to
the lab for assaying, the second remains as a field duplicate for
storage at the core shed and the third is prepared as chips for
traying. The sampling crew will sample at the designated (one
meter) intervals down the hole. The geologist verifies the
intervals from the driller’s marks on the mast or pull-down chain.
For samples sent to the laboratory, the sampling quality is
monitored continuously as the geologist ensures the samples for QA
& QC monitoring purposes are inserted in each sampling stream
batch of 20 samples with CRMs being alternated from batch to batch
from low, medium and high grade.
QAQC ProceduresFor DD samples,
a train comprising a single blank, CRM, LCR, and LPR reference
sample is inserted into a batch of 20 samples. This process is
repeated until the entire drillhole is completed with the CRMs
being alternated from batch to batch (low, medium and high
grade).
For RC samples, a train comprising a single
blank, CRM, FDUP, and LPR reference sample is inserted into a batch
of 20 samples. This process is repeated until the entire drillhole
is completed with the CRMs being alternated from batch to batch
(low, medium and high grade).
For trench sampling, a train comprising a single
blank, CRM and FDUP reference sample is inserted into a batch of 20
samples. This process is repeated until the entire trench is
completed with the CRMs being alternated from batch to batch (low,
medium and high grade).
Every sampling sequence starts with a blank
sample and ends with a blank sample. Analytical results for blanks,
standards and duplicates are graphed and, if any fail, the entire
batch is re-assayed. Batches that passed the QAQC graphs are then
captured in the database. QAQC is monitored continuously. All
assays sent to an external laboratory refer to Performance
Laboratories, an accredited laboratory in Zimbabwe.
Overall QAQC compliance rate of 90% is comprised
as per Table 1 below. Table 1: QAQC Results from DD and RC Drilling
Activities
QAQC Insertion |
% Insertion |
Pass / Fail |
# of Samples |
% |
Comments |
FDUP Duplicates |
2 |
% |
Pass |
108 |
98 |
% |
Good correlation of R²=0.89 |
Fail |
2 |
2 |
% |
Total |
110 |
|
LCR Duplicates |
3 |
% |
Pass |
137 |
82 |
% |
Poor correlation, could be due to nugget effect. |
Fail |
30 |
18 |
% |
Total |
167 |
|
LPR Duplicates |
4 |
% |
Pass |
204 |
91 |
% |
Satisfactory correlation. |
Fail |
21 |
9 |
% |
Total |
223 |
|
CRMs |
5 |
% |
Pass |
213 |
77 |
% |
Most failures are on a high-grade CRM of 12g/t. All failed
batches being sent for re-analysis at the lab's cost. |
Fail |
60 |
22 |
% |
Total |
276 |
|
Blanks |
6 |
% |
Pass |
288 |
99 |
% |
Good QAQC. Failed batches being re-analysed |
Fail |
3 |
1 |
% |
Total |
291 |
|
Grand Total |
20 |
% |
Pass |
955 |
90 |
% |
Satisfactory Compliance Rate |
Fail |
116 |
11 |
% |
Total |
1067 |
|
Table 1: QAQC Results from DD and RC Drilling
Activities
FDUP – Field Duplicate, LCR – lab coarse repeat,
LPR – lab pulp repeat, CRM – Certified Reference Material, Blank –
Dolerite Dyke
In addition to the QAQC protocol above, a check
laboratory and umpire laboratory are utilized to validate the
results from the principal laboratory. Zimlabs is used as a check
laboratory with 10% of assays re-assayed. Antech Laboratories is
used as an umpire laboratory with 5% of assays re-assayed.
Correlation between the Performance and Antech laboratories is
excellent with Zimlabs showing less of a correlation.
Qualified person
Craig James Harvey, MGSSA, MAIG, Caledonia Vice
President, Technical Services, has reviewed and approved the
scientific and technical information contained in this news
release. Craig James Harvey is a "Qualified Person" as defined by
each of (i) the Canadian Securities Administrators' National
Instrument 43-101 - Standards of Disclosure for Mineral Projects
and (ii) subpart 1300 of Regulation S-K.
Note:
This announcement contains inside
information which is disclosed in accordance with the Market Abuse
Regulation (EU) No. 596/2014 (“MAR”)
as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 and is disclosed in accordance
with the Company's obligations under Article 17 of
MAR.
Appendix
Highlights from the DD and RC campaigns
are provided in the tables below. [A full overview is included in
the appendix]:
RC Highlights |
Holes Identifier |
Orebody Name |
Orebody Intersection |
Core Length (m) |
True width (m) |
Grade (g/t) |
Orebody Intersection depth from surface(m) |
E.O.H (m) |
From (m) |
To (m) |
JPRC01 |
JUPITER |
81.00 |
93.00 |
12.00 |
9.72 |
6.36 |
67.93 |
110 |
JPRC05 |
JUPITER |
88.00 |
101.00 |
13.00 |
10.53 |
5.17 |
76.21 |
160 |
PLVRC06 |
PLUVIOUS 1,2&3 |
64.00 |
71.00 |
7.00 |
6.62 |
3.27 |
53.68 |
150 |
MPZRC02 |
MPUDZI |
12.00 |
16.00 |
4.00 |
3.86 |
10.95 |
8.00 |
55 |
36.00 |
39.00 |
3.00 |
2.89 |
2.83 |
25.00 |
Table 2: RC Drilling Highlights
DD Highlights |
Holes Identifier |
Orebody Name |
Orebody Intersection |
Core Length (m) |
True width (m) |
Grade (g/t) |
Orebody Intersection depth from surface(m) |
E.O.H (m) |
From (m) |
To (m) |
JDD08 |
JUPITER |
63.00 |
77.00 |
14.00 |
12.04 |
3.20 |
44.6 |
200 |
PLVDD01 |
PLUVIOUS 5 |
74.00 |
82.00 |
8.00 |
6.94 |
4.00 |
57.5 |
170 |
PLVDD02 |
PLUVIOUS 4 |
64.00 |
66.00 |
2.00 |
1.75 |
4.04 |
50.4 |
149 |
PLVDD04 |
PLUVIOUS 1,2&3 |
137.00 |
142.00 |
5.00 |
4.80 |
3.31 |
114.9 |
248 |
Table 3: DD Drilling Highlights
The following tables below provide the full
results
Exploration Anomaly/Target |
Trench ID |
Trench Start |
Trench End |
Azimuth (°) |
Trench length (m) |
Intersection |
True width (m) |
Grade(g/t) |
Easting |
Northing |
Elevation |
Easting |
Northing |
Elevation |
From |
To |
T1 |
PLVTR5.5 |
661984 |
7845794 |
1122 |
662073 |
7845680 |
1124 |
142 |
149 |
71.00 |
72.00 |
0.97 |
0.30 |
Shawl |
SHWTR1 |
664186 |
7847041 |
1141 |
664262 |
7846934 |
1148 |
144 |
132 |
43.00 |
46.00 |
2.90 |
0.35 |
73.00 |
74.00 |
0.97 |
0.32 |
Jupiter East |
JETR1 |
664195 |
7846870 |
1145 |
664246 |
7846791 |
1148 |
147 |
115 |
24.00 |
25.00 |
0.97 |
0.29 |
Shawl East |
MTR1 |
664823 |
7847517 |
1155 |
664940 |
7847336 |
1147 |
147 |
216 |
64.00 |
66.00 |
1.93 |
0.69 |
102.00 |
103.00 |
0.97 |
0.17 |
MTR2 |
664487 |
7847329 |
1149 |
664764 |
7846876 |
1141 |
149 |
531 |
82.00 |
83.00 |
0.97 |
0.34 |
90.00 |
94.00 |
3.86 |
0.29 |
T6 |
MTR12 |
664732 |
7846468 |
1106 |
665141 |
7845671 |
1145 |
153 |
894 |
56.00 |
57.00 |
0.97 |
TBA |
263.00 |
264.00 |
0.97 |
316.00 |
317.00 |
0.97 |
533.00 |
534.00 |
0.97 |
866.00 |
867.00 |
0.97 |
MTR9 |
665277 |
7846381 |
1133 |
665613 |
7845816 |
1146 |
149 |
663 |
193.00 |
194.50 |
1.45 |
0.51 |
216.00 |
217.00 |
0.97 |
2.61 |
217.00 |
219.00 |
1.93 |
0.42 |
MTR9W |
665301 |
7846243 |
1139 |
665365 |
7846136 |
1140 |
149 |
126 |
NSI |
MTR8 |
665634 |
7846172 |
1144 |
665792 |
7845905 |
1149 |
149 |
311 |
NSI |
T8 |
MTR27 |
665723 |
7845630 |
1152 |
665982 |
7845196 |
1173 |
149 |
511 |
12.00 |
16.00 |
3.86 |
0.56 |
210.30 |
212.00 |
1.64 |
0.20 |
229.00 |
231.00 |
1.93 |
0.44 |
262.00 |
265.30 |
3.19 |
1.01 |
297.00 |
298.00 |
0.97 |
0.83 |
MTR25 |
666048 |
7845866 |
1153 |
666216 |
7845585 |
1171 |
149 |
329 |
275.00 |
277.00 |
1.93 |
0.37 |
286.00 |
288.00 |
1.93 |
0.17 |
294.00 |
295.20 |
1.16 |
0.52 |
296.40 |
296.70 |
0.29 |
11.75 |
296.70 |
297.20 |
0.48 |
1.12 |
297.20 |
298.80 |
1.55 |
0.23 |
311.00 |
314.30 |
3.19 |
0.14 |
315.00 |
316.00 |
0.97 |
0.25 |
319.00 |
321.00 |
1.93 |
1.04 |
321.00 |
323.00 |
1.93 |
0.70 |
323.00 |
323.30 |
0.29 |
10.41 |
MTR25A |
666225 |
7845592 |
1171 |
666233 |
7845574 |
1172 |
154 |
20 |
0.00 |
20.00 |
19.32 |
0.36 |
MTR25B |
666224 |
7845571 |
1174 |
666366 |
7845333 |
1179 |
149 |
279 |
0.00 |
8.00 |
7.73 |
0.20 |
122.00 |
123.00 |
0.97 |
0.11 |
123.00 |
124.00 |
0.97 |
1.54 |
124.00 |
125.00 |
0.97 |
0.20 |
125.00 |
126.00 |
0.97 |
7.26 |
MTR25C |
666341 |
7845318 |
1177 |
666351 |
7845287 |
1180 |
161 |
33 |
NSI |
MTR26 |
666421 |
7845239 |
1185 |
666543 |
7845034 |
1179 |
149 |
237 |
NSI |
MTR24 |
666369 |
7845997 |
1160 |
666625 |
7845540 |
1208 |
151 |
530 |
314.40 |
315.00 |
0.58 |
TBA |
318.00 |
320.00 |
1.93 |
335.00 |
336.00 |
0.97 |
340.00 |
341.00 |
0.97 |
344.00 |
345.00 |
0.97 |
352.00 |
354.00 |
1.93 |
381.00 |
382.00 |
0.97 |
MTR27_1E |
665893 |
7845536 |
1164 |
666059 |
7845271 |
1171 |
148 |
314 |
87.00 |
89.00 |
1.93 |
0.12 |
114.00 |
115.00 |
0.97 |
0.19 |
179.00 |
181.00 |
1.93 |
0.26 |
189.00 |
192.00 |
2.90 |
0.24 |
195.00 |
198.00 |
2.90 |
0.15 |
202.00 |
203.50 |
1.45 |
0.16 |
210.00 |
212.00 |
1.93 |
0.11 |
MTR27_2E |
665985 |
7845590 |
1158 |
666158 |
7845307 |
1170 |
149 |
333 |
83.00 |
84.00 |
0.97 |
0.30 |
141.00 |
142.00 |
0.97 |
0.11 |
177.00 |
188.00 |
10.63 |
0.37 |
MTR27_1W |
665724 |
7845432 |
1167 |
665858 |
7845210 |
1175 |
149 |
261 |
NSI |
MTR27_2W |
665642 |
7845374 |
1166 |
7845164 |
665769 |
1169 |
149 |
246 |
2.00 |
3.00 |
0.97 |
TBA |
3.00 |
4.00 |
0.97 |
12.00 |
13.00 |
0.97 |
14.00 |
15.00 |
0.97 |
25.00 |
27.00 |
1.93 |
30.00 |
31.00 |
0.97 |
33.00 |
35.00 |
1.93 |
39.00 |
40.00 |
0.97 |
41.00 |
42.00 |
0.97 |
MTR27N_1W |
665636 |
7845576 |
1153 |
7845538 |
665659 |
1156 |
150 |
45 |
0.00 |
1.00 |
0.97 |
3.00 |
4.00 |
0.97 |
6.00 |
15.00 |
8.69 |
17.00 |
18.00 |
0.97 |
MTR27N_1E |
665783 |
7845679 |
1151 |
7845640 |
665807 |
1152 |
150 |
47 |
NSI |
MTR25_1W |
666065 |
7845640 |
1157 |
666243 |
7845343 |
1171 |
149 |
350 |
51.00 |
52.00 |
0.97 |
TBA |
110.00 |
110.50 |
0.48 |
114.00 |
115.00 |
0.97 |
125.00 |
126.00 |
0.97 |
130.00 |
131.00 |
0.97 |
134.00 |
135.00 |
0.97 |
311.00 |
312.00 |
0.97 |
MTR25_1E |
666251 |
7845761 |
1166 |
666443 |
7845442 |
1184 |
149 |
375 |
60.00 |
63.00 |
2.90 |
64.00 |
68.00 |
3.86 |
72.00 |
73.00 |
0.97 |
76.00 |
77.00 |
0.97 |
93.00 |
99.00 |
5.80 |
161.00 |
162.00 |
0.97 |
166.00 |
227.00 |
58.92 |
235.00 |
236.00 |
0.97 |
237.00 |
245.00 |
7.73 |
250.00 |
251.00 |
0.97 |
253.00 |
254.00 |
0.97 |
261.00 |
262.00 |
0.97 |
MTR25_2E |
666353 |
7845814 |
1171 |
666532 |
7845514 |
1198 |
149 |
353 |
46.00 |
47.00 |
0.97 |
87.00 |
88.00 |
0.97 |
109.00 |
110.00 |
0.97 |
249.00 |
252.00 |
2.90 |
270.00 |
271.00 |
0.97 |
274.00 |
275.00 |
0.97 |
277.00 |
279.00 |
1.93 |
296.00 |
297.00 |
0.97 |
MTR24_1E |
666533 |
7845916 |
1175 |
666720 |
7845590 |
1209 |
150 |
382 |
126.00 |
127.00 |
0.97 |
161.00 |
163.00 |
1.93 |
166.00 |
167.00 |
0.97 |
MTR24_2E |
666626 |
7845968 |
1169 |
666815 |
7845638 |
1199 |
150 |
385 |
147.00 |
148.00 |
0.97 |
FSKTR1 |
665143 |
7844949 |
1163 |
665225 |
7844819 |
1158 |
148 |
155 |
0.00 |
5.00 |
4.83 |
6.00 |
9.00 |
2.90 |
10.00 |
14.00 |
3.86 |
17.00 |
18.00 |
0.97 |
19.00 |
21.00 |
1.93 |
22.00 |
37.00 |
14.49 |
39.00 |
53.00 |
13.52 |
54.00 |
56.00 |
1.93 |
57.00 |
58.00 |
0.97 |
59.00 |
60.00 |
0.97 |
61.00 |
77.00 |
15.45 |
78.00 |
79.00 |
0.97 |
83.00 |
84.00 |
0.97 |
89.00 |
90.00 |
0.97 |
93.00 |
98.00 |
4.83 |
101.00 |
108.00 |
6.76 |
109.00 |
110.00 |
0.97 |
112.00 |
114.00 |
1.93 |
134.00 |
135.00 |
0.97 |
FSKTR4 |
665267 |
7845089 |
1167 |
665292 |
7845048 |
1165 |
149 |
49 |
NSI |
FSKTR4A |
665295 |
7845042 |
1164 |
665310 |
7845016 |
1163 |
149 |
31 |
FSKTR4B |
665312 |
7845014 |
1164 |
665316 |
7845007 |
1164 |
152 |
8 |
FSKTR4C |
665322 |
7844999 |
1163 |
665328 |
7844988 |
1162 |
149 |
14 |
FSKTR4D |
665334 |
7844978 |
1162 |
665351 |
7844949 |
1160 |
149 |
35 |
FSKTR4E |
665356 |
7844952 |
1160 |
665360 |
7844943 |
1160 |
157 |
12 |
FSKTR4F |
665356 |
7844940 |
1160 |
665364 |
7844928 |
1159 |
147 |
15 |
FSKTR4G |
665367 |
7844924 |
1158 |
665378 |
7844906 |
1158 |
149 |
22 |
FSKTR4H |
665383 |
7844897 |
1157 |
665390 |
7844886 |
1157 |
148 |
14 |
FSKTR2 |
665434 |
7845158 |
1163 |
665469 |
7845101 |
1161 |
148 |
68 |
FSKTR2A |
665470 |
7845099 |
1161 |
665474 |
7845093 |
1161 |
147 |
7 |
FSKTR2B |
665476 |
7845095 |
1161 |
665489 |
7845078 |
1160 |
142 |
22 |
FSKTR2C |
665486 |
7845074 |
1160 |
665514 |
7845027 |
1158 |
149 |
56 |
FSKTR3 |
665574 |
7845290 |
1165 |
665622 |
7845214 |
1167 |
148 |
91 |
FSKTR3A |
665630 |
7845199 |
1167 |
665657 |
7845155 |
1165 |
149 |
51 |
2.00 |
3.00 |
0.97 |
TBA |
FSKTR3B |
665664 |
7845143 |
1164 |
665700 |
7845086 |
1163 |
148 |
67 |
NSI |
FSKTR2 EXT |
665328 |
7845260 |
1164 |
665375 |
7845192 |
1167 |
145 |
83 |
2.00 |
3.00 |
0.97 |
TBA |
5.00 |
6.00 |
0.97 |
9.00 |
10.00 |
0.97 |
16.00 |
18.00 |
1.93 |
21.00 |
22.00 |
0.97 |
27.00 |
27.50 |
0.48 |
Mpudzi East |
MTR23 |
666917 |
7846195 |
1164 |
667141 |
7845878 |
1177 |
145 |
391 |
NSI |
MTR22 |
667320 |
7845967 |
1179 |
667321 |
7845922 |
1182 |
180 |
46 |
MTR20 |
667356 |
7846381 |
1160 |
667357 |
7846217 |
1165 |
180 |
165 |
MTR21 |
668061 |
7846182 |
1177 |
668062 |
7846029 |
1182 |
180 |
154 |
Boomgate |
MOTR002 |
663329 |
7846428 |
1140 |
663354 |
7846383 |
1138 |
152 |
52 |
MOTR001 |
663284 |
7846397 |
1140 |
663299 |
7846375 |
1139 |
148 |
28 |
BGTR2_0 |
663490 |
7846524 |
1139 |
663500 |
7846496 |
1139 |
158 |
31 |
20.00 |
28.00 |
7.73 |
TBA |
BGTR2_2 |
663529 |
7846431 |
1136 |
663545 |
7846404 |
1136 |
151 |
32 |
NSI |
BGTR2_3 |
663509 |
7846417 |
1136 |
663528 |
7846385 |
1135 |
151 |
38 |
T1 |
PLWTR1 |
662335 |
7845815 |
1127 |
662377 |
7845739 |
1129 |
151 |
108 |
19.00 |
20.00 |
0.97 |
TBA |
28.00 |
32.00 |
3.86 |
34.00 |
35.00 |
0.97 |
59.00 |
60.00 |
0.97 |
86.00 |
87.00 |
0.97 |
PLWTR2 |
662262 |
7845779 |
1127 |
662309 |
7845694 |
1128 |
152 |
98 |
6.00 |
8.00 |
1.93 |
71.00 |
72.00 |
0.97 |
84.00 |
85.00 |
0.97 |
PLVTR3 |
662221 |
7845788 |
1124 |
662290 |
7845660 |
1127 |
151 |
147 |
108.00 |
109.00 |
0.97 |
PLVTR4 |
662181 |
7845746 |
1124 |
662238 |
7845631 |
1126 |
153 |
134 |
NSI |
PLVTR5 |
662132 |
7845708 |
1123 |
662196 |
7845608 |
1125 |
147 |
119 |
PLVTR5EXT |
662045 |
7845842 |
1124 |
662132 |
7845708 |
1122 |
147 |
161 |
PLVTR8 |
662677 |
7845977 |
1132 |
662712 |
7845881 |
1134 |
151 |
104 |
4.00 |
6.00 |
1.93 |
TBA |
9.00 |
10.00 |
0.97 |
17.00 |
18.00 |
0.97 |
23.00 |
24.00 |
0.97 |
29.00 |
30.00 |
0.97 |
44.00 |
45.00 |
0.97 |
46.00 |
47.00 |
0.97 |
71.00 |
72.00 |
0.97 |
88.00 |
89.00 |
0.97 |
PLVTR12 |
662505 |
7845826 |
1129 |
662542 |
7841751 |
1131 |
153 |
85 |
19.00 |
20.00 |
0.97 |
31.00 |
32.00 |
0.97 |
44.00 |
45.00 |
0.97 |
PLVTR13 |
662699 |
7845989 |
1133 |
662731 |
7845897 |
1135 |
153 |
95 |
8.00 |
14.00 |
5.80 |
68.00 |
69.00 |
0.97 |
Pluvious 4 |
PL4TR2 |
662730 |
7846022 |
1133 |
662741 |
7845994 |
1132 |
158 |
31 |
12.00 |
13.00 |
0.97 |
15.00 |
22.00 |
6.76 |
28.00 |
29.00 |
0.97 |
30.00 |
31.00 |
0.97 |
PL4TR1 |
662741 |
7846042 |
1134 |
662760 |
7846011 |
1135 |
149 |
36 |
20.00 |
21.00 |
0.97 |
25.00 |
28.00 |
2.90 |
28.00 |
32.00 |
3.86 |
33.00 |
36.00 |
2.90 |
PL4TR2_1 |
662761 |
7845954 |
1135 |
662771 |
7845929 |
1135 |
157 |
28 |
NSI |
Pluvious 5 |
PL5TR1 |
662834 |
7846122 |
1136 |
662848 |
7846095 |
1136 |
153 |
31 |
11.00 |
24.00 |
12.56 |
TBA |
30.00 |
31.00 |
0.97 |
PL5TR1EXT |
662849 |
7846093 |
1136 |
662881 |
7846048 |
1138 |
140 |
54 |
44.00 |
45.00 |
0.97 |
PL5TR1A |
662868 |
7846068 |
1138 |
662895 |
7846027 |
1138 |
147 |
49 |
0.00 |
2.00 |
1.93 |
5.00 |
6.00 |
0.97 |
21.00 |
26.00 |
4.83 |
PL5TR2 |
662865 |
7846129 |
1136 |
662893 |
7846073 |
1138 |
154 |
63 |
0.00 |
1.00 |
0.97 |
7.00 |
19.00 |
11.59 |
26.00 |
27.00 |
0.97 |
PLV5TR2EXT |
662893 |
7846072 |
1138 |
662908 |
7846050 |
1139 |
147 |
90 |
72.00 |
73.00 |
0.97 |
77.00 |
80.00 |
2.90 |
84.00 |
86.00 |
1.93 |
PL5TR7 |
662960 |
7846205 |
1138 |
662973 |
7846182 |
1138 |
150 |
27 |
1.00 |
27.00 |
25.11 |
Pluvious 123 |
PLV123TR6 |
661909 |
7845767 |
1124 |
662031 |
7845575 |
1124 |
148 |
230 |
38.00 |
39.00 |
0.97 |
88.00 |
89.00 |
0.97 |
95.00 |
96.00 |
0.97 |
Shawl |
SHETR1 |
664447 |
7847219 |
1148 |
664484 |
7847160 |
1151 |
157 |
69 |
2.00 |
3.00 |
0.97 |
6.00 |
8.00 |
1.93 |
14.00 |
15.00 |
0.97 |
20.00 |
22.00 |
1.93 |
31.00 |
39.00 |
7.73 |
40.00 |
42.00 |
1.93 |
68.00 |
69.00 |
0.97 |
Britwell |
MTR28 |
664851 |
7845423 |
1148 |
665087 |
7845043 |
1169 |
148 |
452 |
35.00 |
36.00 |
0.97 |
85.00 |
87.00 |
1.93 |
360.00 |
361.00 |
0.97 |
Total Trenched To Date (m) |
12112 |
|
|
|
|
Table 4: Trenching Results
Diamond Drillholes Intercepts |
Holes Identifier |
Orebody Name |
Orebody Intersection |
Core Length (m) |
True width (m) |
Grade (g/t) |
Orebody Intersection depth from surface (m) |
E.O.H (m) |
From (m) |
To (m) |
JDD01 |
JUPITER |
58.00 |
62.00 |
4.00 |
3.74 |
3.00 |
45.01 |
154.88 |
77.00 |
80.00 |
3.00 |
2.81 |
3.34 |
54.45 |
JDD02 |
156.00 |
157.00 |
1.00 |
0.85 |
1.93 |
130.00 |
248.03 |
163.00 |
164.00 |
1.00 |
0.85 |
1.20 |
135.00 |
JDD03 |
69.73 |
70.50 |
0.77 |
0.74 |
0.77 |
55.00 |
295.88 |
147.00 |
156.00 |
9.00 |
8.63 |
1.89 |
113.20 |
160.00 |
163.00 |
3.00 |
2.88 |
2.05 |
124.00 |
206.50 |
207.35 |
0.85 |
0.82 |
1.09 |
160.00 |
JDD04 |
63.00 |
64.54 |
1.54 |
1.48 |
1.67 |
50.00 |
250.88 |
81.00 |
82.00 |
1.00 |
0.96 |
1.76 |
60.00 |
88.00 |
93.00 |
5.00 |
4.80 |
1.01 |
70.00 |
142.00 |
143.00 |
1.00 |
0.96 |
0.96 |
103.00 |
146.00 |
150.00 |
4.00 |
3.84 |
0.71 |
106.00 |
152.00 |
153.00 |
1.00 |
0.96 |
0.82 |
107.00 |
JDD05 |
43.82 |
52.00 |
8.18 |
6.95 |
0.99 |
32.00 |
79.68 |
60.00 |
68.00 |
8.00 |
6.80 |
2.50 |
45.00 |
JDD06 |
66.00 |
67.00 |
1.00 |
0.84 |
1.01 |
55.12 |
274.98 |
JDD07 |
56.00 |
57.00 |
1.00 |
0.87 |
2.23 |
40.11 |
199.88 |
61.00 |
64.00 |
3.00 |
2.61 |
3.73 |
45.23 |
66.00 |
69.80 |
3.80 |
3.31 |
1.87 |
48.30 |
95.00 |
96.00 |
1.00 |
0.87 |
0.75 |
68.00 |
JDD08 |
39.00 |
40.00 |
1.00 |
0.86 |
2.75 |
27.58 |
199.68 |
63.00 |
77.00 |
14.00 |
12.04 |
3.20 |
44.55 |
JDDD10 |
12.60 |
15.00 |
2.40 |
2.25 |
0.56 |
23.48 |
76.88 |
21.00 |
21.37 |
0.37 |
0.35 |
0.61 |
29.21 |
39.00 |
40.41 |
1.41 |
1.32 |
1.03 |
43.76 |
BMGDD01 |
BOOMGATE |
NSI |
103.98 |
BMGDD02 |
67.00 |
70.00 |
3.00 |
2.81 |
2.26 |
50.00 |
139.93 |
72.00 |
73.00 |
1.00 |
0.94 |
2.44 |
52.00 |
91.00 |
92.00 |
1.00 |
0.94 |
0.81 |
67.00 |
94.00 |
95.00 |
1.00 |
0.94 |
0.65 |
70.00 |
96.60 |
98.00 |
1.40 |
1.31 |
2.36 |
71.00 |
106.00 |
109.00 |
3.00 |
2.81 |
3.84 |
78.00 |
132.00 |
133.00 |
1.00 |
0.94 |
1.07 |
96.00 |
PLVDD01 |
PLUVIOUS 5 |
59.00 |
60.00 |
1.00 |
0.87 |
1.11 |
60.81 |
169.98 |
74.00 |
82.00 |
8.00 |
6.94 |
4.00 |
57.51 |
PLVDD02 |
PLUVIOUS 4 |
64.00 |
66.00 |
2.00 |
1.75 |
4.04 |
50.43 |
148.98 |
74.00 |
74.90 |
0.90 |
0.79 |
2.80 |
88.31 |
PLVDD03 |
PLUVIOUS 1,2&3 |
75.00 |
81.00 |
6.00 |
5.61 |
1.58 |
53.03 |
154.98 |
83.00 |
84.00 |
1.00 |
0.94 |
1.44 |
58.69 |
94.00 |
95.00 |
1.00 |
0.94 |
1.68 |
66.46 |
104.00 |
106.00 |
2.00 |
1.87 |
0.95 |
73.54 |
PLVDD04 |
137.00 |
142.00 |
5.00 |
4.80 |
3.31 |
114.90 |
247.98 |
PLVDD05 |
89.00 |
90.00 |
1.00 |
0.97 |
1.07 |
72.15 |
97.98 |
Reverse Circulation Drilling Intercepts |
Holes Identifier |
Orebody Name |
Orebody Intersection |
Core Length (m) |
True width(m) |
Grade(g/t) |
Orebody Intersection depth from surface(m) |
E.O.H (m) |
From (m) |
To (m) |
SHRC01 |
SHAWL |
56.00 |
57.00 |
1.00 |
0.85 |
1.32 |
47.00 |
153 |
60.00 |
61.00 |
1.00 |
0.85 |
1.10 |
50.30 |
62.00 |
64.00 |
2.00 |
1.70 |
0.66 |
52.00 |
109.00 |
112.00 |
3.00 |
2.55 |
5.03 |
91.42 |
124.00 |
127.00 |
3.00 |
2.55 |
4.21 |
100.64 |
131.00 |
138.00 |
7.00 |
5.95 |
1.68 |
109.87 |
SHRC02 |
44.00 |
46.00 |
2.00 |
1.70 |
1.81 |
38.48 |
112 |
57.00 |
73.00 |
16.00 |
13.60 |
1.75 |
49.85 |
97.00 |
100.00 |
3.00 |
2.55 |
0.67 |
84.84 |
JPRC01 |
JUPITER |
72.00 |
74.00 |
2.00 |
1.62 |
0.66 |
60.38 |
110 |
81.00 |
93.00 |
12.00 |
9.72 |
6.36 |
67.93 |
JPRC02 |
79.00 |
80.00 |
1.00 |
0.81 |
0.73 |
66.25 |
140 |
108.00 |
112.00 |
4.00 |
3.24 |
3.21 |
90.58 |
JPRC04 |
NSI |
120 |
JPRC05 |
88.00 |
101.00 |
13.00 |
10.53 |
5.17 |
76.21 |
160 |
BMGRC01 |
BOOMGATE |
55.00 |
56.00 |
1.00 |
0.75 |
3.93 |
47.63 |
97 |
61.00 |
63.00 |
2.00 |
1.54 |
2.64 |
52.83 |
66.00 |
68.00 |
2.00 |
1.62 |
1.02 |
57.16 |
PLVRC01 |
PLUVIOUS 5 |
63.00 |
70.00 |
7.00 |
5.67 |
3.02 |
50.97 |
110 |
PLVRC06 |
PLUVIOUS 1,2&3 |
64.00 |
71.00 |
7 |
6.62 |
3.27 |
53.68 |
150 |
81.00 |
83.00 |
2 |
1.89 |
1.56 |
67.76 |
127.00 |
129.00 |
2 |
1.89 |
1.12 |
105.18 |
PLVRC07 |
|
NSI |
120 |
BRRC01_0 |
BRITWELL |
62.00 |
66.00 |
4.00 |
2.36 |
0.53 |
50.80 |
92 |
75.00 |
79.00 |
4.00 |
2.36 |
1.67 |
61.84 |
MPZRC01 |
MPUDZI |
2.00 |
8.00 |
6.00 |
3.90 |
3.12 |
1.00 |
35 |
14.00 |
16.00 |
2.00 |
1.30 |
2.56 |
11.00 |
18.00 |
19.00 |
1.00 |
0.65 |
3.33 |
13.00 |
MPZRC02 |
3.00 |
5.00 |
2.00 |
1.93 |
0.75 |
3.00 |
55 |
12.00 |
16.00 |
4.00 |
3.86 |
10.95 |
8.00 |
36.00 |
39.00 |
3.00 |
2.89 |
2.83 |
25.00 |
MPZRC03 |
6.00 |
12.00 |
6.00 |
5.11 |
2.58 |
6.64 |
40 |
15.00 |
17.00 |
2.00 |
1.70 |
1.87 |
9.07 |
MPZRC04 |
NSI |
80 |
MPZRC05 |
NSI |
29 |
MPZRC06 |
NSI |
40 |
MPZRC07 |
47.00 |
48.00 |
1.00 |
0.78 |
0.75 |
32.18 |
65 |
MPZRC08 |
36.00 |
39.00 |
3.00 |
2.86 |
9.96 |
30.23 |
88 |
MPRC22 |
5 |
7 |
2.00 |
1.62 |
4.29 |
3.83 |
115 |
21 |
23 |
2.00 |
1.62 |
2.28 |
16.09 |
Table 5: RC and DD Drilling Results
Diamond Drillhole Collars |
Hole Identifier |
Azimuth (°) |
Dip (°) |
Drilled Length (m) |
UTM Easting (m) |
UTM Northing (m) |
UTM Elevation (m) |
JDD01 |
349 |
44 |
154.88 |
663722 |
7846505 |
1134 |
JDD02 |
354 |
56 |
248.03 |
664193 |
7846797 |
1145 |
JDD03 |
354 |
51 |
295.88 |
664165 |
7846739 |
1145 |
JDD04 |
337 |
50 |
250.88 |
664125 |
7846715 |
1142 |
JDD05 |
340 |
47 |
79.68 |
664010 |
7846678 |
1137 |
JDD06 |
340 |
57 |
274.98 |
663920 |
7846618 |
1134 |
JDD07 |
339 |
46 |
199.88 |
663880 |
7846590 |
1135 |
JDD08 |
336 |
43 |
199.68 |
663824 |
7846552 |
1135 |
JDD09 |
340 |
47 |
68.72 |
664195 |
7846900 |
1147 |
JDD10 |
350 |
52 |
76.88 |
663768 |
7846572 |
1122 |
PLVDD01 |
332 |
51 |
169.98 |
663160 |
7846143 |
1138 |
PLVDD02 |
335 |
52 |
148.98 |
662798 |
7845936 |
1137 |
PLVDD03 |
337 |
44 |
154.98 |
662606 |
7845791 |
1131 |
PLVDD04 |
340 |
57 |
247.98 |
662571 |
7845686 |
1131 |
PLVDD05 |
350 |
55 |
97.98 |
662471 |
7845779 |
1130 |
PLVDD06 |
330 |
57 |
70.88 |
663140 |
7846180 |
1139 |
BMGDD01 |
337 |
50 |
103.98 |
663555 |
7846434 |
1136 |
BMGDD02 |
330 |
46 |
139.93 |
663528 |
7846350 |
1134 |
SHDD01 |
340 |
47 |
97.88 |
664336 |
7847082 |
1146 |
BRDD01_0 |
332 |
52 |
158.03 |
664726 |
7845022 |
1166 |
BRDD03_0 |
325 |
57 |
172.88 |
664454 |
7844838 |
1166 |
HDD01 |
334 |
45 |
91.88 |
664988 |
7843497 |
1140 |
HDD02 |
330 |
45 |
112.88 |
665208 |
7843548 |
1142 |
JPT11TW |
341 |
56 |
112.00 |
663442 |
7846307 |
1135 |
JPT13TW |
328 |
48 |
214.98 |
662661 |
7845717 |
1132 |
DHJ7_2TW |
335 |
71 |
95.03 |
664057 |
7846690 |
1139 |
|
Reverse Circulation Drillhole collars |
Hole Identifier |
Azimuth (°) |
Dip (°) |
Drilled Length (m) |
UTM Easting (m) |
UTM Northing (m) |
UTM Elevation (m) |
SHRC01 |
321 |
57 |
153 |
664332 |
7847065 |
1148 |
SHRC02 |
331 |
62 |
112 |
664399 |
7847115 |
1149 |
JPRC01 |
340 |
57 |
110 |
664200 |
7846886 |
1147 |
JPRC02 |
341 |
57 |
140 |
664175 |
7846847 |
1145 |
JPRC04 |
349 |
60 |
120 |
663884 |
7846717 |
1135 |
JPRC05 |
344 |
52 |
101 |
663785 |
7846502 |
1134 |
BMGRC01 |
336 |
59 |
97 |
663460 |
7846364 |
1136 |
PLVRC01 |
335 |
54 |
110 |
663267 |
7846237 |
1138 |
PLVRC05 |
336 |
53 |
160 |
662678 |
7845850 |
1133 |
PLVRC06 |
340 |
57 |
150 |
662484 |
7845743 |
1130 |
PLVRC07 |
340 |
56 |
120 |
662430 |
7845734 |
1129 |
PLVRC10 |
327 |
50 |
70 |
662417 |
7845771 |
1129 |
MPZRC01 |
326 |
50 |
35 |
666367 |
7845590 |
1185 |
MPZRC02 |
330 |
50 |
55 |
666379 |
7845571 |
1187 |
MPZRC03 |
329 |
51 |
40 |
666073 |
7845420 |
1166 |
MPZRC04 |
330 |
52 |
80 |
665928 |
7845276 |
1183 |
MPZRC05 |
329 |
51 |
29 |
665855 |
7845396 |
1176 |
MPZRC06 |
153 |
54 |
40 |
666279 |
7845474 |
1174 |
MPZRC07 |
331 |
49 |
65 |
665903 |
7845317 |
1186 |
MPZRC08 |
329 |
47 |
88 |
666004 |
7845341 |
1179 |
MPZRC09 |
327 |
50 |
60 |
666088 |
7845397 |
1166 |
MPZRC17 |
327 |
50 |
91 |
666314 |
7845671 |
1176 |
MPZRC17_3 |
327 |
50 |
146 |
666421 |
7845505 |
1188 |
MPZRC19_1 |
327 |
50 |
108 |
666507 |
7845542 |
1198 |
MPZRC22 |
154 |
48 |
115 |
666197 |
7845620 |
1168 |
MPZRC23 |
327 |
50 |
65 |
666534 |
7845687 |
1196 |
MPZRC24 |
327 |
50 |
67 |
665738 |
7845587 |
1155 |
BRRC01_0 |
331 |
55 |
92 |
664701 |
7845064 |
1166 |
BRRC2_0 |
331 |
56 |
108 |
664541 |
7844976 |
1170 |
BRRC3_0 |
326 |
56 |
115 |
664426 |
7844878 |
1165 |
FSKRC01 |
340 |
50 |
41 |
665198 |
7844904 |
1162 |
TRRC01 |
340 |
50 |
50 |
666066 |
7844148 |
1143 |
TRRC02 |
340 |
50 |
122 |
665990 |
7844038 |
1150 |
TRRC03 |
340 |
50 |
145 |
665892 |
7843981 |
1150 |
HDRC01 |
332 |
50 |
50 |
664825 |
7843416 |
1139 |
HDRC02 |
325 |
47 |
120 |
665171 |
7843599 |
1144 |
Table 6: RC and DD Drilling Collar and Survey
Information
Glossary
Term |
Definition |
Aero-magnetics |
A geophysical exploration method in which a magnetometer, often
mounted on an aircraft, is used to measure variations in the
Earth's magnetic field over a specific area. |
Assay |
A process of analysing a sample to determine its composition,
particularly to measure the concentration of metal (e.g., gold)
within it. |
Azimuth |
The angle between the north direction and the projection of the
line to a point, typically used in mapping and surveying. |
Blank (Sample) |
A type of control sample with a known low concentration of analyte,
used in quality assurance to detect contamination. |
Bottle Roll Assay |
A test method for determining gold content by using a rotating
bottle and a leaching solution, often used on-site in
laboratories. |
Brownfield Exploration |
Exploration activities conducted near or around an existing mine,
contrasting with greenfield, which targets unexplored areas. |
Carbonate |
Refers to a group of minerals containing the carbonate ion (CO₃²⁻).
In exploration, carbonate alteration can signal the presence of
hydrothermal systems, where hot fluids have deposited metals in the
surrounding rock. |
Certified Reference Material (CRM) |
A material or substance with a certified composition used to ensure
the accuracy and consistency of analytical results. |
Composite Sample |
A sample made by combining individual samples from various sections
to create a single, representative sample for analysis. |
Core Length |
The total measured length of the sample core obtained from
drilling, often used to analyse mineral composition and
structure. |
Cut-off Grade |
The minimum grade or concentration of mineral that must be met for
material to be considered viable for processing. |
Diamond Drilling (DD) |
A drilling technique using a diamond drill bit to retrieve core
samples for geological assessment, commonly used for detailed
exploration. |
Down-the-Hole Survey |
A measurement process to check the angle and path of a borehole as
it is drilled, ensuring it follows the planned direction. |
Duplicate Sample |
A second sample taken from the same source to verify the accuracy
and reproducibility of assay results. |
End of Hole (E.O.H.) |
The final depth reached in a borehole or drilling operation. |
Fire Assay |
A traditional method to measure precious metal content by heating
and melting the sample, allowing separation of metal content for
analysis. |
Grade (g/t) |
The concentration of precious metal, typically measured in grams
per ton (g/t) of ore, used as a quality indicator of mineral
deposits. |
Greenfield Exploration |
Exploration of new, previously untouched areas with no prior mining
activity to discover new mineral deposits. |
Lab Pulp Repeat (LPR) |
A quality assurance process where lab samples are pulverized and
analysed to ensure consistent assay results. |
Magnetite |
An iron oxide mineral with the chemical formula Fe₃O₄ and is known
for its strong magnetic properties. |
Mineralised Zone |
A section of rock where minerals, especially economically valuable
ones, are concentrated. |
Motapa Exploration Program |
An exploration project focused on the Motapa area, involving
trenching, drilling, and geophysical surveys to identify and
quantify mineral deposits. |
Pyrite |
An iron sulphide mineral with the chemical formula FeS₂. In mining
exploration, pyrite is significant as it often forms in the same
hydrothermal environments that produce valuable minerals like gold,
copper, and silver. |
Quality Assurance / Quality Control (QA/QC) |
Procedures in place to ensure the reliability and accuracy of
testing and analytical methods in sampling and assay results. |
Reverse Circulation (RC) Drilling |
A method of drilling that uses compressed air to bring rock
cuttings to the surface, allowing sampling without retrieving a
core. |
Riffle Splitter |
A device used in sampling to divide material into equal portions,
helping obtain a representative sample. |
Sericite |
A fine-grained, mica-like mineral, typically a variety of muscovite
or illite, that forms through the alteration of feldspar and other
minerals. |
Shear Zone |
A region of rock that has been deformed by shear forces, often
associated with mineral deposits due to increased permeability and
mineralization potential. |
Shear Zone |
A region of rock where intense deformation has occurred due to the
application of shear stress, typically deep within the Earth's
crust. This deformation often creates fractures, faults, and
altered rock textures, making these zones more permeable and, as a
result, more conducive to mineral deposits. |
Silica |
A mineral compound made of silicon and oxygen (SiO₂). In mining
exploration, silica alteration is often a good indicator of
mineralization, especially in hydrothermal systems. |
Trench Sampling |
A method of sampling in exploration where trenches are dug to
expose bedrock, allowing geological mapping and sampling. |
True Width |
The actual thickness of a mineralized zone, as opposed to the core
length measured in drilling, adjusted for the angle of
drilling. |
Cautionary Note Concerning
Forward-Looking InformationInformation and statements
contained in this news release that are not historical facts are
“forward-looking information” within the meaning of applicable
securities legislation that involve risks and uncertainties
relating, but not limited, to Caledonia’s current expectations,
intentions, plans, and beliefs. Forward-looking information
can often be identified by forward-looking words such as
“anticipate”, “believe”, “expect”, “goal”, “plan”, “target”,
“intend”, “estimate”, “could”, “should”, “may” and “will” or the
negative of these terms or similar words suggesting future
outcomes, or other expectations, beliefs, plans, objectives,
assumptions, intentions or statements about future events or
performance. Examples of forward-looking information in this news
release include: our plans and timing regarding further exploration
and drilling and development at Motapa. This forward-looking
information is based, in part, on assumptions and factors that may
change or prove to be incorrect, thus causing actual results,
performance or achievements to be materially different from those
expressed or implied by forward-looking information. Such
factors and assumptions include, but are not limited to: failure to
establish estimated resources and reserves, the grade and recovery
of ore which is mined varying from estimates, success of future
exploration and drilling programs, reliability of drilling,
sampling and assay data, assumptions regarding the
representativeness of mineralization being inaccurate, success of
planned metallurgical test-work, capital and operating costs
varying significantly from estimates, delays in obtaining or
failures to obtain required governmental, environmental or other
project approvals, inflation, changes in exchange rates,
fluctuations in commodity prices, delays in the development of
projects and other factors.
Security holders, potential security holders and
other prospective investors should be aware that these statements
are subject to known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially from
those suggested by the forward-looking statements. Such
factors include, but are not limited to: risks relating to
estimates of mineral reserves and mineral resources proving to be
inaccurate, fluctuations in gold price, risks and hazards
associated with the business of mineral exploration, development
and mining, risks relating to the credit worthiness or financial
condition of suppliers, refiners and other parties with whom the
Company does business; inadequate insurance, or inability to obtain
insurance, to cover these risks and hazards, employee relations;
relationships with and claims by local communities and indigenous
populations; political risk; risks related to natural disasters,
terrorism, civil unrest, public health concerns (including health
epidemics or outbreaks of communicable diseases such as the
coronavirus (COVID-19)); availability and increasing costs
associated with mining inputs and labour; the speculative nature of
mineral exploration and development, including the risks of
obtaining or maintaining necessary licenses and permits,
diminishing quantities or grades of mineral reserves as mining
occurs; global financial condition, the actual results of current
exploration activities, changes to conclusions of economic
evaluations, and changes in project parameters to deal with
unanticipated economic or other factors, risks of increased capital
and operating costs, environmental, safety or regulatory risks,
expropriation, the Company’s title to properties including
ownership thereof, increased competition in the mining industry for
properties, equipment, qualified personnel and their costs, risks
relating to the uncertainty of timing of events including targeted
production rate increase and currency fluctuations. Security
holders, potential security holders and other prospective investors
are cautioned not to place undue reliance on forward-looking
information. By its nature, forward-looking information
involves numerous assumptions, inherent risks and uncertainties,
both general and specific, that contribute to the possibility that
the predictions, forecasts, projections and various future events
will not occur. Caledonia undertakes no obligation to update
publicly or otherwise revise any forward-looking information
whether as a result of new information, future events or other such
factors which affect this information, except as required by
law.
This news release is not an offer of the shares
of Caledonia for sale in the United States or elsewhere. This news
release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of the shares of
Caledonia, in any province, state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of such province, state
or jurisdiction.
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