High-Grade Copper-Gold Results Support Resource Growth
Released
Released
Announcement PDF
KINGSTONRESOURCES.COM.AU
ASX/Media Announcement
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North Sydney, NSW 2060
+61 2 8021 7492
info@kingstonresources.com.au
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High-Grade Copper-Gold Intersections Support
Northern SOZ Resource Growth
Key Highlights:
• Excellent high-grade intersection in KSNDDH105 of 3.0m @ 4.73% Cu, 6.08g/t
Au and 16g/t Ag (11.92% CuEq).
• Further strong results include 5.0m @ 1.55% Cu and 3.62g/t Au (5.77% CuEq) in
KSNDDH090 and 4.55m @ 3.66% Cu (4.22% CuEq) in KSNDDH101.
• Massive sulphide in the D Lode intersection in KSNDDH078 – 4.0m @ 3.13% Cu,
0.34g/t Au and 10g/t Ag (3.71% CuEq).
• Mineralisation remains open to the north, further step-out assays pending.
KSNDDH078 8.00m @ 1.88% Cu, 0.19g/t Au, 7g/t Ag (2.24% CuEq) from 53.0m, including:
• 4.00m @ 3.13% Cu, 0.34g/t Au, 10g/t Ag (3.71% CuEq) from 53.0m
KSNDDH089 12.10m @ 0.80% Cu, 1.50g/t Au (2.55% CuEq) from 127.0m, including:
• 8.00m @ 1.14% Cu, 1.64g/t Au (3.08% CuEq) from 127.0m
• 1.10m @ 0.37% Cu, 3.83g/t Au (4.73% CuEq) from 138.0m
KSNDDH090 5.00m @ 1.55% Cu, 3.62g/t Au (5.77% CuEq) from 107.0m, including:
• 3.00m @ 2.34% Cu, 6.01g/t Au (9.32% CuEq) from 109.0m
KSNDDH101 4.55m @ 3.66% Cu, 0.32g/t Au, 10g/t Ag (4.22% CuEq) from 77.0m
KSNDDH104 6.00m @ 1.31% Cu, 0.28g/t Au (1.76% CuEq) from 65.0m, including:
• 4.00m @ 1.78% Cu, 0.38g/t Au (2.37% CuEq) from 66.0m
6.00m @ 1.66% Cu, 0.18g/t Au (2.02% CuEq) from 112.0m, including:
• 5.00m @ 1.89% Cu, 0.20g/t Au (2.29% CuEq) from 113.0m
KSNDDH105 3.00m @ 4.73% Cu, 6.08g/t Au, 16g/t Ag (11.92% CuEq) from 119.0m
KSNDDH106 2.50m @ 1.71% Cu, 0.16g/t Au (2.09% CuEq) from 67.0m, including:
• 1.80m @ 2.23% Cu, 0.19g/t Au (2.70% CuEq) from 67.7m
KSNDDH108 6.95m @ 1.63% Cu, 0.15g/t Au (2.02% CuEq) from 48.0m
KSNDDH110 8.00m @ 1.04% Cu, 0.63g/t Au (1.81% CuEq) from 174.0m, including:
• 2.00m @ 1.78% Cu, 1.29g/t Au (3.36% CuEq) from 174.0m
• 2.00m @ 2.04% Cu, 0.81g/t Au (3.04% CuEq) from 179.0m
Notes on Estimated true-width (ETW): the factor of ETW to down hole interval width ranges between 0.5 to 0.8. ETW for
each significant intercept is shown in the table at the end of the announcement.
22 October 2026
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Kingston Resources Limited (ASX: KSN) (‘Kingston’ or ‘The Company’) is pleased to
report assay results from northern extension drilling undertaken at the Southern Ore
Zone (SOZ), Mineral Hill, as part of the Company’s FY27 drilling program.
The drilling tested the northern extensions of the D, G and H Lodes, confirming and
extending mineralisation in the northern part of SOZ while increasing drill density within
an area of the existing Inferred Mineral Resource. High-grade copper-gold mineralisation
was also intersected in deeper hanging wall lodes.
The results will inform an updated SOZ Mineral Resource Estimate targeted for the March
quarter of 2027. Mineralisation remains open to the north, with assay results pending from
additional step-out holes.
Table 1: Selected significant intersections from the northern SOZ drilling.
Hole ID
Cutoff
(%)
From
(m)
To (m)
Length
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
CuEq
(%)
KSNDDH078 0.5 53.00 61.00 8.00 0.19 7 1.88 2.24
KSNDDH078 1.0 53.00 57.00 4.00 0.34 10 3.13 3.71
KSNDDH089 0.5 127.00 139.10 12.10 1.50 3 0.80 2.55
KSNDDH089 1.0 127.00 135.00 8.00 1.64 4 1.14 3.08
KSNDDH089 1.0 138.00 139.10 1.10 3.83 1 0.37 4.73
KSNDDH090 0.5 93.00 103.00 10.00 0.10 5 1.31 1.52
KSNDDH090 1.0 96.00 102.00 6.00 0.14 6 1.89 2.16
KSNDDH090 0.5 107.00 112.00 5.00 3.62 6 1.55 5.77
KSNDDH090 1.0 109.00 112.00 3.00 6.01 9 2.34 9.32
KSNDDH101 0.5 77.00 81.55 4.55 0.32 10 3.66 4.22
KSNDDH102_R1 0.5 167.30 169.10 1.80 0.46 9 1.50 2.26
KSNDDH104 0.5 65.00 71.00 6.00 0.28 6 1.31 1.76
KSNDDH104 1.0 66.00 70.00 4.00 0.38 7 1.78 2.37
KSNDDH104 0.5 112.00 118.00 6.00 0.18 8 1.66 2.02
KSNDDH104 1.0 113.00 118.00 5.00 0.20 9 1.89 2.29
KSNDDH105 0.5 119.00 122.00 3.00 6.08 16 4.73 11.92
KSNDDH106 0.5 67.00 69.50 2.50 0.16 8 1.71 2.09
KSNDDH106 1.0 67.70 69.50 1.80 0.19 10 2.23 2.70
KSNDDH107 0.5 78.00 79.00 1.00 1.24 20 6.12 7.90
KSNDDH108 0.5 48.00 54.95 6.95 0.15 9 1.63 2.02
KSNDDH108 0.5 86.00 87.00 1.00 3.88 6 0.50 5.06
KSNDDH110 0.5 162.10 169.00 6.90 0.19 3 1.02 1.30
KSNDDH110 1.0 162.10 164.00 1.90 0.19 7 2.80 3.15
KSNDDH110 0.5 174.00 182.00 8.00 0.63 3 1.04 1.81
KSNDDH110 1.0 174.00 176.00 2.00 1.30 6 1.78 3.36
KSNDDH110 1.0 179.00 181.00 2.00 0.81 5 2.04 3.04
The full list of significant intercepts is included in the section titled Drill Hole Collars and Significant Assays.
High Grade
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Managing Director and CEO, Andrew Corbett commented:
“KSNDDH105 is an excellent high-grade copper-gold intersection and the standout result
from this drilling. More broadly, the drilling intersected the D, G and H Lodes in their
interpreted positions across northern SOZ, supporting our geological model and the
potential for further Mineral Resource growth.
“Mineralisation remains open to the north, with assays pending from further step-out
holes. These results will be incorporated into the SOZ Mineral Resource update targeted
for the March quarter of 2027, which will then inform subsequent mine planning and Ore
Reserve conversion work.”
Figure 1: Plan view of the recent northern extension drilling targeting D, G and H Lodes
These drill holes mark the first completed program for the FY27 period and were
designed to test the northern boundaries of the D, G and H Lode mineralisation at SOZ.
The holes have successfully intersected the interpreted position of the main lodes and
the mineralisation remains open to the north. Additionally, very high-grade
mineralisation has been intersected in deeper hanging wall lodes, with KSNDDH105
returning 3.00m @ 4.73% Cu, 6.08g/t Au, 16g/t Ag (11.92% CuEq) from 119m, including
1.00m @ 8.71% Cu, 9.90g/t Au, 30g/t Ag and 1.00m @ 3.88% Cu, 8.14g/t Au, 15g/t Ag.
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Figure 2: KSNDDH105 annotated core photos showing high-grade gold and copper mineralisation
associated with chalcopyrite, silica alteration and quartz veining.
Figure 3: Oblique cross section looking at the southern group of drill holes.
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Figure 4: Oblique cross section of the northern group of drill holes.
Figure 5: Oblique view of the recent northern extension drilling targeting D, G and H Lodes with northern
drill holes pending assay results in red.
Red
Terror
Southern Ore Zone
Jack’s Hut
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Figure 6: Massive sulphide intersection in KSNDDH078 drill core. The intersection from 54m contains
massive chalcopyrite mineralisation and abundant quartz veining. This intersection aligns with the
surrounding intersections of the main D Lode structure.
This release has been authorised by the Kingston Resources Limited Board.
For all enquiries, please contact Managing Director, Andrew Corbett, on +61 2 8021 7492.
KINGSTONRESOURCES.COM.AU | ASX: KSN 7
About Kingston Resources
Kingston Resources is an Australian gold and copper company focused on Mineral
Resource growth and advancing the next phase of development at its 100%-owned
Mineral Hill asset in New South Wales.
Mineral Hill is an established polymetallic mine and processing complex in the Southern
Cobar Basin and is currently on care and maintenance. Gold and copper are the
principal value drivers . The site includes five orebodies within the existing mining lease,
a fully permitted 350ktpa processing plant and two existing underground declines.
Three reasons to look more closely at Kingston:
01
ESTABLISHED ASSET
AND INFRASTRUCTURE
Kingston owns 100% of Mineral
Hill, including the existing mine, a
fully permitted 350ktpa
processing plant and two
underground declines. This
established footprint
differentiates Mineral Hill from a
greenfield development.
02
EXISTING MINERAL
RESOURCE WITH
GROWTH POTENTIAL
Mineral Hill has a 12.1Mt Mineral
Resource containing 884koz
AuEq across five orebodies.
Since acquiring Mineral Hill,
Kingston has increased the
Mineral Resource from 5.9Mt to
12.1Mt while processing
approximately 2Mt of material.
03
FY27 RESOURCE
DEVELOPMENT
PROGRAM
Kingston plans 25,000m of
drilling in FY27, representing the
largest annual drilling campaign
at Mineral Hill since 1999. The
program targets Mineral
Resource growth, increased
geological confidence, additional
potential ore sources and support
for subsequent Ore Reserve
conversion.
350ktpa
FULLY PERMITTED PROCESSING
PLANT
884koz AuEq
CONTAINED IN THE MINERAL
RESOURCE
25,000m
PLANNED FY27 DRILLING
Underground Portals
Processing Plant
Tailings Storage
Flotation Circuit
ROM Stockpile
Core Yard
Carbon in Leach Circuit (CIL)
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Mineral Resources and Ore Reserves
Mineral Hill Mineral Resource and Ore Reserve - JORC Reporting (2012 Ed.).
Mineral Deposit
Resource
Category
Tonnes
(kt)
Grade Metal
Au Cu Pb Zn Ag Au Cu Pb Zn Ag
(g/t) % % % (g/t) (koz) (kt) (kt) (kt) (koz)
Southern Ore Zone
Measured 629 1.81 1.14 0.65 0.62 12 37 7 4 4 238.6
Indicated 2,418 1.07 0.81 1.69 1.55 19 83 20 41 37 1,477.1
Inferred 3,490 0.96 0.78 0.83 0.86 11 108 27 29 30 1,178.2
Sub-Total 6,538 1.08 0.83 1.13 1.09 14 227 54 74 71 2,889.0
Jack's Hut
Indicated 608 1.53 1.28 0.50 0.38 7 30 8 3 2 133.7
Inferred 1,032 1.09 0.70 1.05 0.76 28 36 7 11 8 917.1
Sub-Total 1,640 1.25 0.91 0.84 0.62 20 66 15 14 10 1,050.8
Red Terror
Indicated 83 0.58 2.02 - - 4 2 2 - - 9.5
Inferred 131 1.38 1.14 - - 2 6 1 - - 10.2
Sub-Total 214 1.07 1.48 - - 3 7 3 - - 19.7
Parker's Hill
Indicated 2,923 0.17 1.04 1.73 0.81 44 16 30 51 24 4,172.0
Inferred 643 0.16 0.69 1.39 0.93 37 3 4 9 6 758.0
Sub-Total 3,566 0.17 0.98 1.67 0.83 43 19 35 60 30 4,930.0
Pearse South
Indicated 77 3.86 - - - 93 10 - - - 231.0
Inferred 36 2.45 - - - 5 3 - - - 5.4
Sub-Total 113 3.41 - - - 65 12 - - - 236.4
Total Mineral
Resources
Measured 629 1.81 1.14 0.65 0.62 12 37 7 4 4 238.6
Indicated 6,109 0.71 0.99 1.57 1.05 30 140 60 95 64 6,023.2
Inferred 5,332 0.91 0.76 0.92 0.83 17 156 40 49 44 2,869.0
Grand
Total
12,071 0.85 0.90 1.23 0.93 23 332 107 147 111 9,126.0
Mineral Deposit
Reserve
Category
Tonnes
(kt)
Au Cu Pb Zn Ag Au Cu Pb Zn Ag
(g/t) % % % (g/t) (koz) (kt) (kt) (kt) (koz)
Southern Ore Zone Probable 700 1.40 0.80 1.90 1.60 20 30 6 13 11 450.0
TOTAL 700 1.40 0.80 1.90 1.60 20 30 6 13 11 450.0
1. Due to rounding to appropriate significant figures, minor discrepancies may occur, tonnages are dry metric
tonnes.
2. Probable Ore Reserves are derived from Indicated Mineral Resources.
3. The Ore Reserves do not include, or depend upon, Inferred Mineral Resources.
4. The Ore Reserves form part of the Mineral Resources.
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Metal Equivalents
This announcement quotes metal equivalent grades as defined by Kingston Resources. Price assumptions
used are based on market consensus forecasts, with adjustments to account for reasonable prospects for
eventual economic extraction (RPEEE), as guided by JORC reporting guidelines. Copper equivalent (CuEq)
conversion factors are used within the announcement and are calculated by multiplying the grades for each
contributing metal by their respective metal price and recovery and dividing by the multiplication of the
copper price and copper recovery.
Metallurgical recoveries are based on historical production (2010-2016) as well as recent metallurgical test
work and are applied to the Resource and Reserve calculated grades for each commodity. The Company is of
the opinion that all the elements included in the metal equivalent calculations have a demonstrated potential
to be recovered and sold. Mineral Hill has a fully approved mine and processing plant, capable of producing
metal concentrates and dorѐ (from the flotation and CIL circuits). The Company is targeting a
recommencement of mining and processing to produce copper, lead and zinc concentrates as well as
precious metal dorѐ.
Commodity Unit *Price Deposit Commodity Recovery (%) CuEq Factor
Gold US$/oz 5,074 SOZ/JH Gold 83 1.132
Silver US$/oz 76.1 Silver 88 0.018
Copper US$/lb 6.16 Copper 88 1.000
Lead US$/lb 1.08 Lead 75 0.149
Zinc US$/lb 1.51 Zinc 66 0.184
* Metal price assumptions are based on long-term market consensus averages and marked up 15% to account for the
JORC guidelines of allowing for reasonable prospects of eventual economic extraction.
Competent Persons Statement and Disclaimer
The information in this report that relates to Exploration Results and Mineral Resources is based on
information compiled by Mr. Stuart Hayward BAppSc (Geology) MAIG, of 360 Geoscience Pty Ltd, a
Competent Person who is a member of the Australian Institute of Geoscientists. Mr. Hayward has sufficient
experience that is relevant to the style of mineralisation and type of deposit under consideration and to the
activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the
“Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Hayward
confirms that the information in the market announcement provided is an accurate representation of the
available data and studies for the material mining project and consents to the inclusion in this report of the
matters based upon the information in the form and context in which it appears.
The Competent Person signing off on the overall underground SOZ Ore Reserves Estimate is Mr. Steven
Weckert BE ME (Min) CP, of Australian Mine Design and Development Pty Ltd, who is a Member of the
AusIMM and who has sufficient relevant experience in operations and consulting for underground
metalliferous mines. Mr. Weckert consents to the inclusion in this report of the information pertaining to the
Mineral Hill SOZ Ore Reserve in the form and context in which it appears. The Mineral Hill Mineral Resource
estimates included in this announcement were released in ASX announcements on 15 March 2023 (Pearse
South), 21 March 2023 (Jack’s Hut) and 13 November 2025 (Red Terror and Parker’s Hill) and 24 June 2026
(Southern Ore Zone). The Ore Reserve estimate for the Southern Ore Zone was released in ASX
announcements on 30 September 2024. Further information is included within the original
announcements.
Kingston is not aware of any new information or data that materially affects the information included in this
announcement. All material assumptions and technical parameters underpinning the Mineral Resource
estimates and production targets continue to apply and have not materially changed.
CuEq % = Cu % + (1.132 * Au g/t) + (0.018* Ag g/t) + (0.149 * Pb %) + (0.184 * Zn)
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Drill Hole Collars and Significant Assays
Table 2: Drillhole collar information.
Hole ID
Local Local Local MGA20 z55
EAST
MGA20 z55
NORTH
AHD Dip
Azimuth
(Local)
Total Depth
(m)
Assay
Status
EAST NORTH RL
KSNDDH078 1237.6 651.0 1091.7 498997.9 6395491.4 91.7 -8 273 300 Final
KSNDDH089 1237.6 651.0 1091.7 498997.9 6395491.4 91.7 -35 270 336 Final
KSNDDH090 1237.6 651.0 1091.7 498997.9 6395491.4 91.7 -32 273 370 Final
KSNDDH101 1237.2 650.7 1093.5 498997.7 6395491.0 93.5 -18 242 100.4 Final
KSNDDH102_R1 1237.0 651.1 1093.3 498997.4 6395491.1 93.3 -23 248 181.1 Final
KSNDDH104 1237.1 651.1 1093.5 498997.4 6395491.2 93.6 -17 252 164.5 Final
KSNDDH105 1237.3 651.4 1093.1 498997.3 6395491.5 93.2 -27 254 203.4 Final
KSNDDH106 1237.2 652.1 1093.5 498996.8 6395491.9 93.6 -21 264 150 Final
KSNDDH107 1236.9 651.9 1093.2 498996.7 6395491.6 93.2 -26 263 176.1 Final
KSNDDH108 1237.2 652.3 1093.5 498996.6 6395492.1 93.5 -21 271 152.4 Final
KSNDDH110 1237.4 651.5 1092.9 498997.3 6395491.6 93.0 -39 258 265.9 Final
Table 3: Full list of significant intercepts.
Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH078 0.5 10.85 12.00 1.15 0.01 4 0.32 0.83 0.01 0.53 1.01
KSNDDH078 0.5 45.65 46.75 1.10 0.19 6 2.72 0.03 0.01 3.05 0.97
KSNDDH078 0.5 53.00 61.00 8.00 0.19 7 1.88 0.07 0.04 2.24 7.05
KSNDDH078 Incl. 1.0 53.00 57.00 4.00 0.34 10 3.13 0.06 0.06 3.71 3.53
KSNDDH078 0.5 95.50 96.70 1.20 0.60 10 2.56 0.04 0.02 3.42 1.06
KSNDDH078 0.5 121.00 122.00 1.00 3.91 9 1.04 0.08 0.01 5.64 0.88
KSNDDH078 0.5 161.50 162.50 1.00 0.37 2 0.24 0.03 0.02 0.70 0.88
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Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH089 0.5 75.00 81.00 6.00 0.07 4 0.50 0.10 0.27 0.72 3.44
KSNDDH089 Incl. 1.0 76.80 78.00 1.20 0.11 5 0.82 0.14 0.18 1.09 0.69
KSNDDH089 Incl. 1.0 80.00 81.00 1.00 0.08 4 0.71 0.05 0.83 1.03 0.57
KSNDDH089 0.5 89.00 97.00 8.00 0.07 4 0.53 0.10 0.08 0.72 4.59
KSNDDH089 Incl. 1.0 90.00 91.00 1.00 0.06 9 1.54 0.18 0.17 1.83 0.57
KSNDDH089 Incl. 1.0 93.00 94.00 1.00 0.23 4 1.02 0.04 0.02 1.36 0.57
KSNDDH089 Incl. 1.0 96.00 97.00 1.00 0.08 4 1.03 0.06 0.05 1.21 0.57
KSNDDH089 0.5 100.00 101.00 1.00 0.55 5 1.16 0.10 0.26 1.93 0.57
KSNDDH089 0.5 105.00 106.00 1.00 0.79 2 0.34 0.02 0.01 1.26 0.57
KSNDDH089 0.5 127.00 139.10 12.10 1.50 3 0.80 0.06 0.01 2.55 6.94
KSNDDH089 Incl. 1.0 127.00 135.00 8.00 1.64 4 1.14 0.09 0.01 3.08 4.59
KSNDDH089 Incl. 1.0 138.00 139.10 1.10 3.83 1 0.37 0.00 0.01 4.73 0.63
KSNDDH089 0.5 178.10 181.00 2.90 0.01 2 0.73 0.04 0.69 0.91 1.66
KSNDDH089 Incl. 1.0 178.10 179.00 0.90 0.02 5 1.43 0.13 2.20 1.97 0.52
KSNDDH090 0.5 77.00 82.00 5.00 0.13 3 0.62 0.03 0.02 0.83 3.07
KSNDDH090 Incl. 1.0 77.00 78.00 1.00 0.20 6 1.42 0.03 0.01 1.75 0.61
KSNDDH090 Incl. 1.0 81.00 82.00 1.00 0.29 4 0.61 0.04 0.04 1.01 0.61
KSNDDH090 0.5 89.00 90.00 1.00 0.88 5 0.54 0.08 0.04 1.64 0.61
KSNDDH090 0.5 93.00 103.00 10.00 0.10 5 1.31 0.04 0.02 1.52 6.15
KSNDDH090 Incl. 1.0 96.00 102.00 6.00 0.14 6 1.89 0.02 0.02 2.16 3.69
KSNDDH090 0.5 107.00 112.00 5.00 3.62 6 1.55 0.02 0.01 5.77 3.07
KSNDDH090 Incl. 1.0 109.00 112.00 3.00 6.01 9 2.34 0.03 0.01 9.32 1.84
KSNDDH090 0.5 120.00 121.00 1.00 0.40 1 0.14 0.00 0.00 0.60 0.61
KSNDDH090 0.5 134.00 135.00 1.00 0.38 4 0.76 0.09 0.07 1.29 0.61
KSNDDH090 0.5 154.00 155.00 1.00 0.03 3 0.65 0.31 0.31 0.85 0.61
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Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH090 0.5 170.00 173.00 3.00 0.11 2 0.38 0.01 0.01 0.54 1.84
KSNDDH090 Incl. 1.0 170.00 171.00 1.00 0.31 3 0.63 0.03 0.01 1.04 0.61
KSNDDH101 0.5 62.90 64.00 1.10 0.09 4 0.10 0.07 2.27 0.70 0.75
KSNDDH101 0.5 69.00 70.00 1.00 0.03 5 1.23 0.08 0.16 1.39 0.68
KSNDDH101 0.5 73.00 74.00 1.00 0.05 4 1.86 0.01 0.01 1.99 0.68
KSNDDH101 0.5 77.00 81.55 4.55 0.32 10 3.66 0.05 0.10 4.22 3.11
KSNDDH101 0.5 92.00 94.00 2.00 0.12 1 0.39 0.01 0.01 0.55 1.37
KSNDDH102_R1 0.5 71.70 75.80 4.10 0.90 3 0.62 0.02 0.01 1.70 2.74
KSNDDH102_R1 Incl. 1.0 71.70 73.00 1.30 2.31 2 0.45 0.02 0.01 3.11 0.87
KSNDDH102_R1 Incl. 1.0 75.20 75.80 0.60 0.47 11 2.35 0.06 0.03 3.09 0.40
KSNDDH102_R1 0.5 82.50 85.00 2.50 0.17 5 0.89 0.09 0.02 1.20 1.67
KSNDDH102_R1 Incl. 1.0 82.50 83.00 0.50 0.40 6 1.59 0.04 0.01 2.15 0.33
KSNDDH102_R1 0.5 106.30 108.00 1.70 0.02 2 0.64 0.04 0.06 0.71 1.14
KSNDDH102_R1 0.5 124.70 126.00 1.30 0.38 2 0.52 0.05 0.07 1.01 0.87
KSNDDH102_R1 0.5 130.00 133.00 3.00 0.90 2 0.33 0.01 0.01 1.39 2.01
KSNDDH102_R1 0.5 138.00 139.00 1.00 0.01 2 0.77 0.00 0.01 0.82 0.67
KSNDDH102_R1 0.5 155.70 159.00 3.30 0.33 4 0.95 0.04 0.03 1.40 2.21
KSNDDH102_R1 0.5 167.30 169.10 1.80 0.46 9 1.50 0.22 0.29 2.26 1.20
KSNDDH102_R1 0.5 178.00 179.00 1.00 0.04 2 0.73 0.01 0.01 0.81 0.67
KSNDDH104 0.5 58.00 59.00 1.00 0.05 20 0.20 0.39 0.14 0.71 0.75
KSNDDH104 0.5 65.00 71.00 6.00 0.28 6 1.31 0.09 0.11 1.76 4.53
KSNDDH104 Incl. 1.0 66.00 70.00 4.00 0.38 7 1.78 0.11 0.11 2.37 3.02
KSNDDH104 0.5 98.00 101.00 3.00 0.33 4 0.94 0.06 0.21 1.43 2.26
KSNDDH104 Incl. 1.0 98.00 100.00 2.00 0.44 5 1.00 0.09 0.32 1.66 1.51
KSNDDH104 0.5 108.00 109.00 1.00 0.22 4 0.65 0.03 0.01 0.97 0.75
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Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH104 0.5 112.00 118.00 6.00 0.18 8 1.66 0.05 0.05 2.02 4.53
KSNDDH104 Incl. 1.0 113.00 118.00 5.00 0.20 9 1.89 0.05 0.05 2.29 3.77
KSNDDH104 0.5 123.00 126.00 3.00 0.39 2 0.65 0.01 0.22 1.18 2.26
KSNDDH104 0.5 158.00 159.00 1.00 0.03 3 0.94 0.01 0.01 1.03 0.75
KSNDDH105 0.5 60.00 66.00 6.00 0.05 14 0.54 0.61 0.85 1.09 3.90
KSNDDH105 Incl. 1.0 61.00 66.00 5.00 0.05 13 0.60 0.66 1.00 1.18 3.25
KSNDDH105 0.5 75.00 76.00 1.00 0.08 12 0.52 0.54 0.06 0.91 0.65
KSNDDH105 0.5 86.00 86.60 0.60 0.35 11 3.06 0.20 0.17 3.72 0.39
KSNDDH105 0.5 119.00 122.00 3.00 6.08 16 4.73 0.08 0.03 11.92 1.95
KSNDDH105 0.5 154.00 155.00 1.00 0.41 5 2.21 0.01 0.01 2.77 0.65
KSNDDH105 0.5 167.00 170.00 3.00 0.03 2 0.63 0.02 0.04 0.71 1.95
KSNDDH105 0.5 172.00 172.50 0.50 0.02 1 0.49 0.00 0.01 0.53 0.32
KSNDDH105 0.5 187.00 188.00 1.00 0.64 1 0.23 0.01 0.01 0.97 0.65
KSNDDH106 0.5 52.00 57.30 5.30 0.10 5 1.34 0.06 0.06 1.57 3.97
KSNDDH106 Incl. 1.0 52.00 56.00 4.00 0.12 6 1.58 0.08 0.07 1.85 3.00
KSNDDH106 0.5 67.00 69.50 2.50 0.16 8 1.71 0.10 0.18 2.09 1.87
KSNDDH106 Incl. 1.0 67.70 69.50 1.80 0.19 10 2.23 0.12 0.25 2.70 1.35
KSNDDH106 0.5 76.50 80.50 4.00 0.02 6 0.31 0.36 0.01 0.51 3.00
KSNDDH106 Incl. 1.0 79.50 80.50 1.00 0.02 22 0.57 1.44 0.01 1.21 0.75
KSNDDH106 0.5 85.00 91.00 6.00 0.39 2 0.43 0.03 0.02 0.92 4.50
KSNDDH106 Incl. 1.0 85.00 88.00 3.00 0.72 3 0.69 0.01 0.01 1.56 2.25
KSNDDH106 0.5 135.00 137.00 2.00 0.20 3 1.21 0.01 0.01 1.50 1.50
KSNDDH106 0.5 141.00 141.75 0.75 0.07 4 1.08 0.01 0.01 1.23 0.56
KSNDDH107 0.5 54.10 54.55 0.45 0.08 5 1.97 0.02 0.02 2.16 0.31
KSNDDH107 0.5 58.55 66.60 8.05 0.17 3 0.34 0.08 0.22 0.64 5.54
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Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH107 Incl. 1.0 58.55 59.00 0.45 1.85 1 0.33 0.01 0.01 2.45 0.31
KSNDDH107 Incl. 1.0 66.00 66.60 0.60 0.32 8 1.54 0.09 0.16 2.09 0.41
KSNDDH107 0.5 78.00 79.00 1.00 1.24 20 6.12 0.10 0.04 7.90 0.69
KSNDDH107 0.5 86.00 96.00 10.00 0.07 3 0.73 0.03 0.07 0.89 6.88
KSNDDH107 Incl. 1.0 86.00 87.00 1.00 0.10 8 2.25 0.06 0.05 2.53 0.69
KSNDDH107 Incl. 1.0 90.00 91.00 1.00 0.12 6 2.11 0.01 0.18 2.38 0.69
KSNDDH107 0.5 111.00 114.00 3.00 0.10 2 0.82 0.02 0.03 0.98 2.07
KSNDDH107 Incl. 1.0 111.00 113.00 2.00 0.04 3 1.03 0.03 0.04 1.15 1.38
KSNDDH107 0.5 120.00 121.00 1.00 0.05 2 0.50 0.02 0.03 0.59 0.69
KSNDDH107 0.5 141.00 142.00 1.00 0.06 4 0.76 0.06 0.35 0.97 0.69
KSNDDH107 0.5 164.00 165.00 1.00 0.45 3 1.28 0.01 0.01 1.84 0.69
KSNDDH108 0.5 48.00 54.95 6.95 0.15 9 1.63 0.16 0.22 2.02 5.24
KSNDDH108 0.5 67.00 68.00 1.00 0.18 6 2.13 0.07 0.14 2.47 0.75
KSNDDH108 0.5 76.00 78.40 2.40 0.04 4 0.68 0.06 0.97 0.98 1.81
KSNDDH108 Incl. 1.0 76.00 77.20 1.20 0.06 4 0.94 0.04 1.16 1.30 0.91
KSNDDH108 0.5 86.00 87.00 1.00 3.88 6 0.50 0.10 0.20 5.06 0.75
KSNDDH108 0.5 123.00 124.00 1.00 0.02 2 0.87 0.00 0.01 0.94 0.75
KSNDDH108 0.5 134.65 137.00 2.35 0.03 2 0.91 0.01 0.01 0.99 1.77
KSNDDH108 Incl. 1.0 134.65 136.00 1.35 0.03 3 1.15 0.01 0.01 1.24 1.02
KSNDDH110 0.5 103.00 104.00 1.00 1.29 28 0.35 1.45 5.00 3.46 0.50
KSNDDH110 0.5 109.00 109.80 0.80 0.08 6 1.13 0.12 0.15 1.37 0.40
KSNDDH110 0.5 132.40 133.00 0.60 0.09 3 0.87 0.00 0.01 1.02 0.30
KSNDDH110 0.5 162.10 169.00 6.90 0.19 3 1.02 0.01 0.01 1.30 3.44
KSNDDH110 Incl. 1.0 162.10 164.00 1.90 0.19 7 2.80 0.01 0.01 3.15 0.95
KSNDDH110 Incl. 1.0 167.00 168.00 1.00 0.51 2 0.59 0.01 0.01 1.20 0.50
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Hole ID Incl. Cutoff (%) From (m) To (m) Length (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (%) CuEq (%)
Est.
True
Width
(m)
KSNDDH110 0.5 174.00 182.00 8.00 0.63 3 1.04 0.01 0.01 1.81 3.99
KSNDDH110 Incl. 1.0 174.00 176.00 2.00 1.30 6 1.78 0.02 0.02 3.36 1.00
KSNDDH110 Incl. 1.0 179.00 181.00 2.00 0.81 5 2.04 0.01 0.01 3.04 1.00
KSNDDH110 0.5 197.00 198.00 1.00 0.12 1 0.44 0.00 0.01 0.60 0.50
KSNDDH110 0.5 236.00 237.00 1.00 0.03 2 0.77 0.00 0.01 0.84 0.50
KSNDDH110 0.5 243.00 244.00 1.00 0.09 5 2.08 0.01 0.02 2.27 0.50
KSNDDH110 0.5 254.00 255.00 1.00 0.08 4 1.12 0.02 0.02 1.29 0.50
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Appendix 1. SOZ Underground Drilling - JORC Code Table 1
Section 1 Sampling Techniques and Data(Criteria in this section apply to all succeeding sections.)
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (e.g. cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc).
These examples should not be taken as
limiting the broad meaning of sampling.
• Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
• Aspects of the determination of
mineralisation that are Material to the Public
Report.
• In cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g. ‘reverse circulation drilling was used to
obtain 1 m samples from which 3 kg was
pulverised to produce a 30 g charge for fire
assay’). In other cases more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g. submarine nodules) may warrant
disclosure of detailed information.
Diamond Drilling Sample Collection
• A diamond core drill rig was used to produce rock samples of core. Run length
was variable between 3m and 1m depending on the ground conditions and any
expected mineralisation.
• Triple Tube HQ and NQ barrel set up was utilised to maximize recoveries.
• Diamond drill core is orientated where orientation tools provided an outcome
that is assessed as reliable.
• The geologist selects sample intervals based on logged geology (lithology,
alteration, mineralisation, structures) with minimum sample length of 0.3m and
maximum of 1.5m. Half core samples were taken from start to end of hole. All drill
core is sampled using an automated/mechanical core cutting machine with
diamond cutting blade. Samples comprise half core with sample intervals
determined by the geologist and recorded as a cut sheet.
• For orientated drill core a cutting reference line is drawn approximately 15mm
offset from the orientation line. Drill core is cut along the cut line with the
orientation line not sampled and returned to the core box for future reference.
• Non-orientated drill core is cut along a reference line that is the best
approximation of the extensions of the orientation reference line with the intent
of ensuring the same half core is sampled.
• Samples are placed in calico bags and dispatched to ALS laboratory where they
are received and registered with a sample receipt document provided as a record
of the chain of custody process.
Analysis of Geotechnical Samples
• Field point load testing (PLT) was conducted on solid pieces of core >100mm in
length from every 3rd core tray. Different rock type samples were selected to
collect a range of data reflecting varying rock mass strengths throughout each
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Criteria JORC Code explanation Commentary
hole.
Drilling
techniques
• Drill type (e.g. core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc) and details (e.g. core diameter,
triple or standard tube, depth of diamond
tails, face-sampling bit or other type, whether
core is oriented and if so, by what method,
etc).
• This release refers to 11 diamond drill holes for a total of 2,399.8 metres.
• The holes were collared in a drill drive just off the main SOZ access drive. Plans
and cross-sections are included in the body of this announcement.
• All holes were diamond cored with HQ3 with the option to reduce to NQ3 where
adverse ground conditions were encountered.
• All holes were oriented using an Axis North-seeking Gyroscopic tool. During
drilling a collar check survey and a 15m survey was taken, followed by surveys
every 30m from 30m depth to end of hole. Prior to completing each hole, a multi-
shot continuous gyro survey was taken. Each single shot and EOH multi-shot was
then uploaded to the cloud-hosted Axis database for retrieval and review by
Geology.
• Reverse Circulation Drilling
• No Reverse Circulation drilling was completed as part of the program being
reported or depicted in the release.
Drill sample
recovery
• Method of recording and assessing core and
chip sample recoveries and results assessed.
• Measures taken to maximise sample
recovery and ensure representative nature of
the samples.
• Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
• Diamond Drill Core
• Diamond drill core is recovered on a run-by-run basis where the length
drilled, and axial length recovered is recorded by the drilling crew. Run
length and recovery are remeasured and calculated in the core processing
area. No significant discrepancies have been noted between driller and KSN
determined runs and recovery.
• Diamond drill core is sampled as half core using a diamond blade auto saw.
• Core loss zones have not been sampled. These ‘gaps’ in sampling have been
assigned zero (0) grade for the purposes of significant interval calculation.
• Reverse Circulation Drilling
• No Reverse Circulation drilling referred to or reported or depicted in the
release.
Logging • Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
• A qualified geologist logs all drill core from this program.
• Logging captured, lithological, alteration, mineralisation, structural and
weathering information. Drill core also provided geotechnical data based on
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