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RNC Minerals Announces High-Grade Gold Results at HGO and Drilling Program at Paleochannel Targets

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RNC Minerals Announces High-Grade Gold Results at HGO and Drilling Program at Paleochannel Targets

 

 

 

 

 

 Summary

Paleochannel Project

 

  • The paleochannel project is an integral component of HGO’s expected Life of Mine Plan, with drilling to date focused on two priority areas within the paleochannel system – Mitchell and Jupiter.
  • The paleochannel system extends for over 7 kilometres south of current mining operations (Fairplay North) and provides multiple exploration targets along its length including extensions of the paleochannel and the hard rock potential at depth.
  • Planning for the first of the high-grade primary gold mineralization targets is underway which will test the continuity of the mineralization below the Jupiter paleochannel.
  • This mineralization, first identified by historical drilling in 2012, had not been followed up because of the prior onerous royalty attached to the tenement, which is now being eliminated (see RNC news release dated May 11, 2020).
    • Drill intersection1, 2 highlights from the Jupiter primary mineralization are listed below:
      • JUPR037: 234.0 g/t over 2 m downhole from 90 m
      • JUPR025: 39.2 g/t over 2 m downhole from 64 m
      • JUPR031: 4.2 g/t over 17 m downhole from 54 m
      • JUPR030: 4.7 g/t over 7m downhole from 70 m
  1. Estimated true widths are 60%-70% of downhole widths
  2. Intersections previously reported by Alacer Gold Corp. (news release, March 26, 2013).

 

Pioneer Deposit

 

  • New drilling by RNC has extended gold mineralization at Pioneer and outlined a high-grade shallow, south plunging shoot which shows clear potential for underground development. Pioneer is part of HGO’s near term mine plan.
    • Highlights from the 2020 drill program include1:
      • PORR0142: 5.4 g/t over 17.0 m from 67 m, including 10.7g/t over 6.0m
      • PORR0186: 3.9 g/t over 18.0 m from 60 m
      • PORR0184: 8.5 g/t over 5.0 m from 97 m, including 16.0g/t over 2.0 m
      • PORR0138: 6.7 g/t over 9.0 m from 57 m
  1. Estimated true widths (Note: true widths approximate downhole widths).

 

Baloo Mine extended to South

 

  • Grade control drilling in the Baloo pit has extended high-grade gold mineralization beyond the pit design at the southern end of the pit.
  • Six follow-up RC holes testing the extension of the mineralization at depth were completed and confirmed the presence of mineralization below the current pit.
    • Highlights from the 2020 drill program include1:
      • BLOR0044: 5.5 g/t over 3.0 m from 21m
      • BLOR0048: 7.3 g/t over 2.0 m from 16 m
  1. Drillhole intervals are estimated true widths.
  • The deeper extensions of the Baloo mineralization, below the current pit design, will be tested with infill diamond drilling later in 2020. The historical highlights summarized below underscore the underground potential of this deposit.
    • Highlights of historical gold drill results1, 2 from S2 Resources:
      • SPC0258: 5.1 g/t over 8.0 m from 106 m
      • SPD0100: 8.4 g/t over 7.6 m from 125.2 m
        SPD0101: 5.0 g/t over
        9.8m from 111.5 m
  1. Drillhole intervals are estimated true widths. (Note: true widths approximate downhole widths).
  2. Intersections previously reported by S2 Resources Ltd. (ASX news releases, February 10, 2016 and December 8, 2016).

 

Note: Tables showing complete results and drill hole locations can be found at the end of this news release.

 

RNC Minerals (TSX: RNX) is pleased to announce positive results from ongoing drilling at Higginsville and a further update of our review of historical drill records. As part of the Company’s open pit pipeline development strategy, drilling is now underway at the Jupiter project to be followed by Mitchell, two of the Company’s paleochannel deposit targets.

 

Paul Huet CEO and Executive Chairman RNC said, “Following the announcement of the elimination the Morgan Stanley NSR royalties last week (see RNC news release dated May 11, 2020), we are excited to be seeing further strong examples of the potential at Higginsville. Not only are we seeing further potential additions to open pit resources, but our ongoing technical review of the historical database has revealed another excellent high-grade target for us to pursue at the Jupiter project.

 

At Jupiter, the presence of historical drilling grades in excess of 230 g/t over two metres at relatively shallow depths (approximately 60 metres from the surface) highlights the tremendous upside potential at Higginsville. These results follow on from the historic drill results from the Aquarius deposit (see RNC news release date February 27, 2020) which are also high-grade and close to the surface. With the elimination of the Morgan Stanley NSR royalty, these projects will be free of this long-standing burden, which held back exploration and mining at Higginsville for over a decade.

 

Over the course of 2020, we will continue to aggressively target these new areas as we also test our existing pits for additional ore body extensions. The commencement of drilling on the paleochannel deposits is exciting and we look forward to continuing to build upon the outstanding results that we have delivered thus far at Higginsville in 2020.”

 

Pioneer

 

The Pioneer gold deposit is located 13 km south south-east of the HGO processing plant (Figure 1).  RNC commenced drilling at Pioneer late last year with the aim of upgrading and increasing the Historical Mineral Resource. The work involved a two-stage reverse circulation (“RC”) drill program totaling 86 drill holes for 7,953 metres. Results from the 2019 – 2020 drilling have extended the mineralization along strike to the south and down dip and identified a shallow, south plunging high-grade shoot (Figure 2). Further drilling is planned through the second half of 2020 to test continuity of the mineralization at depth and test the potential for an underground operation by drilling the interpreted high-grade shoot extensions.

 

Highlights1 of gold results from the drilling are listed below:

 

  • PORR0138: 6.7 g/t over 9 m from 57 m
  • PORR0141: 2.0 g/t over 15 m from 50 m
  • PORR0142: 5.4 g/t over 17 m from 67 m, including 10.7 g/t over 6 m
  • PORR0143: 5.5 g/t over 7 m from 59 m
  • PORR0144: 3.5 g/t over 9 m from 66 m
  • PORR0145: 4.6 g/t over 8 m from 80 m
  • PORR0184: 8.5 g/t over 5 m from 97 m, including 16.0 g/t over 2 m
  • PORR0186: 3.9 g/t over 18 m from 60 m
  • PORR0209: 2.4 g/t over 12 m from 64 m
  1. Drillhole intervals are estimated true widths (Note: true widths approximate downhole widths).

 

Mineralization at Pioneer is interpreted to dip approximately 30° towards the east and is hosted within a mafic package comprised mainly of silicified basalt with narrow, cherty interflow sediments. Mineralization is interpreted as bounded by steeply east dipping, north northeast trending regional shears.

 

Baloo

 

Grade control drilling and follow-up RC drilling (6 holes for 262 metres) in the Baloo pit has extended the high-grade mineralization beyond the pit design at the southern end of the pit (Figure 3). Results from the grade control drilling and the deeper follow-up holes will be used to extend the existing pit design. Potential to extend the northern end of the pit at depth is also under review as supported by earlier released drill results (see RNC news release, Jan. 23, 2020). Drill intersection1 gold result highlights from the March RC program are listed below:

 

  • BLOR0044: 5.5 g/t over 3.0 m from 21 m
  • BLOR0048: 7.3 g/t over 2.0 m from 16 m
  1. Drillhole intervals are estimated true widths.

 

The deeper sections of the Baloo historical resource are planned to be tested with infill diamond drilling later in 2020. A review of previous exploration work completed by S2 Resources shows that mineralization extends over 300 m below surface with a number of significant intersections just below the current pit design highlighting the potential to extend the mine life of this deposit with an underground operation (Figure 3). Highlights of gold results from the S2 drill intersections1 (S2 Resources Ltd., ASX news releases, February 10, 2016, December 8, 2016 and February 13, 2017) are listed below:

 

  • SPC0258: 5.1 g/t over 8.0 m from 106 m
  • SPD0100: 8.4 g/t over 7.6 m from 125.2 m
  • SPD0101: 5.0 g/t over 9.8m from 111.5 m
  1. Drillhole intervals are estimated true widths (Note: true widths approximate downhole widths).

 

Mineralization at Baloo is located on the Buldania Fault, a north north-west striking fault dipping shallowly approximately 30° to the east. Alteration comprises biotite +/‐pyrite‐arsenopyrite with multiple generations of veining present within the Fault zone. Gold mineralization is associated with quartz‐arsenopyrite‐pyrite veining.   

 

Paleochannel Project

 

The paleochannel deposits at Higginsville are an integral part of the expected HGO mine plan. RNC is focused on three primary Paleochannel deposits: Mitchell, Jupiter and Pluto. Jupiter and Pluto belong to the Challenger paleochannel system which lies 3 kms east of the Mitchell paleochannel (Figure 1).

 

Historical mine production totaled 2.1 Mt @ 3.4 g/t (232,000 contained gold ounces). The existing  Historical Indicated Mineral Resource of 1.5 Mt @ 2.2 g/t for 102,000 contained gold ounces and a Historical Inferred Mineral Resource of 0.3 Mt @ 2.1 g/t for 14,000 contained gold ounces (see technical report dated February 6, 2020 under Royal Nickel Corporation’s profile at sedar.com) was part of the acquisition of Higginsville . A qualified person has not done sufficient work on behalf of RNC to classify the historical estimates as current mineral resources or mineral reserves and RNC is not treating the historical estimates as current mineral resources or mineral reserves.

 

The remaining paleochannel historical resources were assessed and prioritized for follow-up drilling. This work resulted in all three areas (Mitchell, Jupiter and Pluto) being targeted for infill and extensional drilling, with the objective of upgrading and adding to the historical mineral resources. Drilling will also test the continuity of primary mineralization previously intersected at the Jupiter prospect, with the objective of producing a Mineral Resource estimate for this mineralization.

 

Drilling of an expected total of 4,060 m is planned in two stages. Stage one will comprise 33 drill holes for 2,140 m, targeting both the Jupiter primary and overlying paleochannel mineralization and infill the Mitchell 3 and 4 Historical Mineral Resources. Stage two will comprise 32 drill holes for 1,920 m, targeting an upgrade and extension of the Pluto Historical Mineral Resource. 

 

RNC’s initial focus will be to improve confidence in the historical high-grade intersections with the objective of defining a Mineral Resource for mine evaluation. This will be driven in tandem with results from the paleochannel which overlies the primary mineralization. Highlights of historical drill intersection1 gold results from the primary mineralization are listed below (see Alacer Gold Corp. news release, March 26, 2013):

 

  • JUPR037: 234.0 g/t over 2 m downhole from 90 m
  • JUPR025: 39.2 g/t over 2 m downhole from 64 m
  • JUPR031: 4.2 g/t over 17 m downhole from 54 m
  • JUPR030: 4.7 g/t over 7m downhole from 70 m
  1. Estimated true widths are 60%-70% of downhole widths.

 

Paleochannel Deposits at Higginsville

 

Paleochannel gold deposits comprise both ancient placer gold, normally near the base of the channel-fill sequences, and chemically precipitated secondary gold within the channel-fill materials and underlying saprolite. These gold concentrations commonly overlie, or are adjacent to, primary mineralized zones within Archaean bedrock. At Jupiter, the primary mineralization, discovered by Alacer in 2012, begins approximately 50 metres below surface and is associated with a north-south steeply dipping shear structure hosted within Paringa basalt (Figure 4). Mineralization is associated with tensional quartz-(chlorite-carbonate) veining and sulphides (pyrite) with visible gold occurring in some intersections. The structure is variably mineralized for over 1 km of strike.

 

Compliance Statement (JORC 2012 and NI 43-101)

 

The disclosure of scientific and technical information contained in this news release has been reviewed and approved by Stephen Devlin, FAusIMM, Vice-President Exploration & Growth, Salt Lake Mining Pty Ltd, a 100% owned subsidiary of RNC, a Qualified Person for the purposes of NI 43-101.

 

At the Higginsville Gold Operation reverse circulation chip sampling was conducted by RNC personnel. Samples are transported to Bureau Veritas Minerals Pty Ltd of Kalgoorlie and Perth for preparation and assaying by 40gram (approx.) fire assay analytical method. Analytical accuracy and precision are monitored by the analysis of duplicates, additional blank material and certified standards inserted in the sample stream. Samples are weighed as received, dried and split to less than 3kg then pulverised by LM-5 to ensure a minimum 90% passing at -75µm.

 

The historical data referenced in this release has been reviewed under the supervision of Stephen Devlin, Vice-President, VP Exploration & Growth, Salt Lake Mining Pty Ltd, a 100% owned subsidiary of RNC, a Qualified Person for the purposes of NI 43-101, and is supported by relevant monthly exploration reports and historic mineral resource reports which detail the QA/QC procedures used on drill samples and provide analysis of the results of all associated QA/QC samples including blanks, standards (CRM samples), check assays and duplicates.  All drilling from 2004 to present followed industry standard practices, with pre-2004 historic drilling not detailed but assumed to be similar to current practices (sources for such historical drill results are identified where applicable above). A qualified person has not done sufficient work to classify the historical estimates as current mineral resources and RNC is not treating the historical estimates as current mineral resources.

 

About RNC Minerals

 

RNC is focused on growing gold production and reducing costs at its integrated Beta Hunt Gold Mine and Higginsville Gold Operations in Western Australia. The Higginsville treatment facility is a low-cost 1.4 Mtpa processing plant which is fed at capacity from RNC’s underground Beta Hunt mine and open pit Higginsville mine. At Beta Hunt, a robust gold mineral resource and reserve is hosted in multiple gold shears, with gold intersections along a 4 km strike length remaining open in multiple directions. HGO has a substantial historical gold resource and highly prospective land package totaling approximately 1,800 square kilometers. In addition, RNC has a 28% interest in a nickel joint venture that owns the Dumont Nickel-Cobalt Project located in the Abitibi region of Quebec. Dumont contains the second largest nickel reserve and ninth largest cobalt reserve in the world. RNC has a strong Board and management team focused on delivering shareholder value. RNC’s common shares trade on the TSX and they also trade on the OTCQX market.

 

Table 1: RNC Drillholes – Pioneer (December 2019 – February 29, 2020)

 

 

 
Prospect Hole Sub

Interval

From 

(m)

To 

(m)

Downhole

Interval (m)

Estimated

True Width

(m)2.

Au

(g/t)3.

Pioneer One PORR0127   55.0 58.0 3.0 3.0 0.39
Pioneer One PORR0128   24.0 27.0 3.0 3.0 1.39
Pioneer One PORR0129   NSA
Pioneer One PORR0130   49.0 59.0 10.0 10.0 2.52
Pioneer One PORR0131   19.0 24.0 5.0 5.0 2.03
Pioneer One PORR0132   NSA
Pioneer One PORR0133   NSA
Pioneer One PORR0134   57.0 59.0 2.0 2.0 1.84
Pioneer One PORR0135   57.0 59.0 2.0 2.0 1.45
Pioneer One PORR0136   65.0 72.0 7.0 7.0 2.84
Pioneer One PORR0137   NSA
Pioneer One PORR0138   57.0 66.0 9.0 9.0 6.68
Pioneer One PORR0139   61.0 62.0 1.0 1.0 0.13
Pioneer One PORR0140   72.0 81.0 9.0 9.0 1.0
Pioneer One PORR0141   50.0 65.0 15.0 15.0 2.04
Pioneer One PORR0142   67.0 84.0 17.0 17.0 5.36
including 76.0 82.0 6.0 10.0 10.68
Pioneer One PORR0143   59.0 66.0 7.0 7.0 5.54
Pioneer One PORR0144   66.0 75.0 9.0 9.0 3.45
Pioneer One PORR0145   80.0 88.0 8.0 8.0 4.55
Pioneer One PORR0146   65.0 73.0 8.0 8.0 1.84
Pioneer One PORR0147   113.0 118.0 5.0 5.0 3.94
Pioneer One PORR0148   91.0 99.0 8.0 8.0 1.73
Pioneer One PORR0149   NSA
Pioneer One PORR0150   66.0 67.0 1.0 1.0 1.46
Pioneer One PORR0151   NSA
Pioneer One PORR0152   NSA
Pioneer One PORR0153   11.0 15.0 4.0 4.0 3.62
Pioneer One PORR0154   NSA
Pioneer One PORR0155   NSA
Pioneer One PORR0156   66.0 72.0 6.0 6.0 3.84
Pioneer One PORR0157   24.0 25.0 1.0 1.0 0.17
Pioneer One PORR0158   32.0 46.0 14.0 14.0 1.41
Pioneer One PORR0159   NSA
Pioneer One PORR0160   23.0 26.0 3.0 3.0 1.63
Pioneer One PORR0161   33.0 36.0 3.0 3.0 1.34
Pioneer One PORR0162   61.0 62.0 1.0 2.0 0.31
Pioneer One PORR0163   NSA
Pioneer One PORR0164   45.0 52.0 7.0 7.0 0.53
Pioneer One PORR0165   NSA
Pioneer One PORR0166   100.0 101.0 1.0 1.0 0.1
Pioneer One PORR0167   81.0 83.0 2.0 2.0 0.1
Pioneer One PORR0168   104.0 108.0 4.0 4.0 3.36
Pioneer One PORR0169   27.0 32.0 5.0 5.0 4.09
including 27.0 28.0 1.0 1.0 10.5
Pioneer One PORR0170   93.0 94.0 1.0 1.0 1.82
Pioneer One PORR0171   28.0 29.0 1.0 1.0 0.19
Pioneer One PORR0172   42.0 43.0 1.0 1.0 0.99
Pioneer One PORR0173   62.0 64.0 2.0 2.0 1.71
Pioneer One PORR0174   27.0 30.0 3.0 3.0 2.98
Pioneer One PORR0175   126.0 127.0 1.0 1.0 0.59
Pioneer One PORR0176   100.0 102.0 2.0 2.0 0.93
Pioneer One PORR0177   72.0 76.0 4.0 4.0 0.53
Pioneer One PORR0178   88.0 92.0 4.0 4.0 2.54
Pioneer One PORR0179   115.0 119.0 4.0 4.0 4.78
Pioneer One PORR0180   35.0 36.0 1.0 1.0 0.94
Pioneer One PORR0181   45.0 53.0 8.0 8.0 1.24
Pioneer One PORR0182   87.0 104.0 17.0 17.0 1.01
Pioneer One PORR0183   110.0 113.0 3.0 3.0 3.05
Pioneer One PORR0184   97.0 102.0 5.0 5.0 8.53
including 98.0 100.0 2.0 2.0 15.95
Pioneer One PORR0185   66.0 74.0 8.0 8.0 1.61
Pioneer One PORR0186   27.0 28.0 1.0 1.0 1.0
Pioneer One PORR0186   60.0 78.0 18.0 18.0 3.92
Pioneer One PORR0187   52.0 56.0 4.0 4.0 3.74
Pioneer One PORR0188   97.0 98.0 1.0 1.0 2.15
Pioneer One PORR0189   65.0 72.0 7.0 7.0 1.37
Pioneer One PORR0190   56.0 58.0 2.0 2.0 0.86
Pioneer One PORR0191   60.0 67.0 7.0 7.0 2.31
Pioneer One PORR0192   80.0 88.0 8.0 8.0 1.91
Pioneer One PORR01931.   NSA
Pioneer One PORR01941.   NSA
Pioneer One PORR01951.   NSA
Pioneer One PORR01961.   NSA
Pioneer One PORR01971.   NSA
Pioneer One PORR01981.   NSA
Pioneer One PORR0199   34.0 36.0 2.0 2.0 1.83
Pioneer One PORR0200   71.0 74.0 3.0 3.0 1.17
Pioneer One PORR02011.   NSA
Pioneer One PORR02021.   NSA
Pioneer One PORR02031.   NSA
Pioneer One PORR02041.   NSA
Pioneer One PORR02051.   NSA
Pioneer One PORR0206   54.0 55.0 1.0 1.0 0.76
Pioneer One PORR0207   31.0 35.0 4.0 4.0 0.27
Pioneer One PORR0208   107.0 108.0 1.0 1.0 1.04
Pioneer One PORR0209   64.0 76.0 12.0 12.0 2.37
Pioneer One PORR0210   56.0 59.0 3.0 3.0 2.59
Pioneer One PORR0211   80.0 92.0 12.0 12.0 1.26
Reported gold grades > 0.1g/t Au over 1m; NSA – no significant results (      
1. Waste dump sterilisation holes      
2. True widths approximate downhole widths      
3. Uncut gold assays      

 

 

Table 2: RNC Drillholes – Baloo (March 2020)

 

 

 
Prospect Hole sub

interval

From

(m)

To

(m)

Downhole

Interval

(m)

Estimated

True Width

(m)

Au (g/t)1.
Baloo BLOR0044   21.0 27.0 6.0 3.0 5.47
Baloo including 22.0 24.0 2.0 2.0 11.7
Baloo BLOR0045   NSA
Baloo BLOR0046   NSA
Baloo BLOR0047   0.0 2.0 2.0 2.0 3.54
Baloo BLOR0048   16.0 18.0 2.0 2.0 7.29
Baloo including 17.0 18.0 1.0 1.0 13.2
Baloo BLOR0049   27.0 28.0 1.0 0.7 24
Reported gold grades > 0.1g/t Au over 1m; NSA – no significant results (    
1. Uncut gold assays    

 

 

Table 3: Alacer Gold Corp – Selected Historical Results from Jupiter prospect, 2012/13 Drilling
(Alacer Gold Corp. news release, March 26, 2013)

 

 

 
Prospect Hole  sub

interval

From

(m)

To 

(m)

Downhole

Interval

(m)

Estimated

True Width

(m)1.

Au (g/t)3.
Jupiter JUPR001   62.0 69.0 7.0 4.6 6.2
Jupiter JUPR007   49.0 52.0 3.0 2.0 2.3
Jupiter JUPR008   108.0 109.0 1.0 0.7 7.7
Jupiter JUPR021   166.0 167.0 1.0 0.7 13.4
Jupiter JUPR025   64.0 66.0 2.0 1.3 39.3
Jupiter JUPR030   70.0 77.0 7.0 4.6 4.7
Jupiter JUPR031   54.0 71.0 17.0 11.1 4.2
Jupiter2 JUPR037   90.0 92.0 2.0 1.3 234
Jupiter JUPR038   65.0 67.0 2.0 1.3 9.0
Jupiter JUPR044   138.0 140.0 2.0 1.3 5.6
1. True widths are 60 – 70% of downhole widths (65% used)      
2. Screen fire assay      
3. Uncut gold assays      

 

 

Table 4: S2 Resources Ltd – Selected Historical Results from Baloo deposit, 2015/16/17 Drilling

 

 

 
Prospect Hole sub 

interval

From

(m)

To

(m)

Downhole

Interval

(m)

Estimated

True Width

(m)1.

Au (g/t)2.
Baloo SPD0100   125.20 132.80 7.6 7.6 8.35
Baloo SPD0101   111.50 121.30 9.8 9.8 4.97
Baloo SPD0349   399.00 410.90 11.9 11.9 1.30
  413.75 414.65 0.9 0.9 44.10
Baloo SPD0351   263.00 269.00 6.0 6.0 2.23
  282.00 290.40 8.4 8.4 1.63
Baloo SPD0352   369.00 376.00 7.0 7.0 2.36
  378.75 384.20 5.5 5.5 3.30
Baloo SPD0353   303.15 306.30 3.2 3.2 3.45
Baloo SPD0358   303.9 315.8 11.9 11.9 1.32
  349 354.7 5.3 5.3 1.12
Baloo SPBC0258   106.00 114.00 8.0 8.0 5.14
1. True widths approximate downhole widths          
2. Uncut gold assays          

 

 

Table 5 : RNC Drillholes – Pioneer (December 2019 – February 29, 2020) and Baloo (March 2020)

 

 

 
Prospect Hole ID MGA

Easting

(m)

MGA

Northing

(m)

Elevation

(m)

Azi Dip

(deg)

Total

Depth

(m)

Pioneer PORR0126 375,136 6,475,514 293 270 -60 38
Pioneer PORR0127 375,130 6,475,496 293 270 -60 72
Pioneer PORR0128 375,109 6,475,475 293 270 -60 63
Pioneer PORR0129 375,131 6,475,476 293 270 -60 48
Pioneer PORR0130 375,110 6,475,456 293 270 -60 63
Pioneer PORR0131 375,129 6,475,456 292 270 -60 32
Pioneer PORR0132 375,101 6,475,435 292 270 -60 57
Pioneer PORR0133 375,122 6,475,436 292 270 -60 30
Pioneer PORR0134 375,120 6,475,415 292 270 -60 68
Pioneer PORR0135 375,124 6,475,400 292 270 -60 75
Pioneer PORR0136 375,131 6,475,360 292 270 -60 78
Pioneer PORR0137 375,125 6,475,340 292 270 -60 80
Pioneer PORR0138 375,110 6,475,320 292 270 -60 78
Pioneer PORR0139 375,109 6,475,298 292 270 -60 82
Pioneer PORR0140 375,099 6,475,261 291 270 -60 84
Pioneer PORR0141 375,079 6,475,240 292 270 -60 78
Pioneer PORR0142 375,100 6,475,240 291 270 -60 84
Pioneer PORR0143 375,060 6,475,200 292 270 -60 72
Pioneer PORR0144 375,076 6,475,200 291 270 -60 88
Pioneer PORR0145 375,098 6,475,200 291 270 -60 98
Pioneer PORR0146 375,065 6,475,160 291 270 -60 84
Pioneer PORR0147 375,089 6,475,160 291 270 -60 136
Pioneer PORR0148 375,087 6,475,140 291 270 -60 126
Pioneer PORR0149 375,132 6,475,175 291 270 -60 110
Pioneer PORR0150 375,105 6,475,716 295 270 -60 96
Pioneer PORR0151 375,149 6,475,715 295 270 -60 96
Pioneer PORR0152 375,101 6,475,751 296 270 -60 96
Pioneer PORR0153 375,136 6,475,751 295 270 -60 96
Pioneer PORR0154 375,150 6,475,751 295 270 -60 96
Pioneer PORR0155 375,164 6,475,750 295 270 -60 120
Pioneer PORR0156 375,174 6,475,635 294 270 -60 90
Pioneer PORR0157 375,110 6,475,556 293 270 -60 84
Pioneer PORR0158 375,136 6,475,555 293 270 -60 60
Pioneer PORR0159 375,109 6,475,515 293 270 -60 60
Pioneer PORR0160 375,115 6,475,516 293 270 -70 96
Pioneer PORR0161 375,110 6,475,475 292 270 -70 96
Pioneer PORR0162 375,123 6,475,476 292 270 -70 126
Pioneer PORR0163 375,090 6,475,416 292 270 -60 30
Pioneer PORR0164 375,109 6,475,415 292 270 -60 54
Pioneer PORR0165 375,134 6,475,360 291 270 -60 114
Pioneer PORR0166 375,140 6,475,360 291 270 -70 156
Pioneer PORR0167 375,134 6,475,321 291 270 -55 132
Pioneer PORR0168 375,135 6,475,321 291 270 -65 168
Pioneer PORR0169 375,060 6,475,241 291 270 -60 60
Pioneer PORR0170 375,115 6,475,241 291 270 -60 166
Pioneer PORR0171 375,015 6,475,139 291 270 -60 36
Pioneer PORR0172 375,030 6,475,140 291 270 -60 60
Pioneer PORR0173 375,047 6,475,141 291 270 -70 110
Pioneer PORR0174 375,017 6,475,120 291 270 -70 48
Pioneer PORR0175 375,105 6,475,160 291 272 -61 170
Pioneer PORR0176 375,100 6,475,140 291 272 -61 166
Pioneer PORR0177 375,039 6,475,120 291 273 -70 96
Pioneer PORR0178 375,058 6,475,120 291 271 -71 156
Pioneer PORR0179 375,077 6,475,119 291 274 -71 156
Pioneer PORR0180 375,001 6,475,061 292 276 -61 36
Pioneer PORR0181 375,030 6,475,061 292 273 -60 90
Pioneer PORR0182 375,065 6,475,061 291 270 -60 120
Pioneer PORR0183 375,121 6,475,200 291 274 -61 114
Pioneer PORR0184 375,115 6,475,220 291 269 -61 105
Pioneer PORR0185 375,114 6,475,260 291 271 -56 132
Pioneer PORR0186 375,082 6,475,280 291 269 -71 120
Pioneer PORR0187 375,092 6,475,300 291 272 -71 132
Pioneer PORR0188 375,120 6,475,300 291 271 -70 168
Pioneer PORR0189 375,135 6,475,401 292 271 -61 108
Pioneer PORR0190 375,111 6,475,436 292 271 -71 96
Pioneer PORR0191 375,150 6,475,576 293 271 -71 96
Pioneer PORR0192 375,166 6,475,576 293 269 -70 132
Pioneer PORR01931. 374,570 6,475,820 299 266 -61 60
Pioneer PORR01941. 374,607 6,475,825 298 266 -61 60
Pioneer PORR01951. 374,651 6,475,821 298 270 -61 60
Pioneer PORR01961. 374,690 6,475,822 297 274 -61 60
Pioneer PORR01971. 374,721 6,475,821 297 276 -61 60
Pioneer PORR01981. 374,557 6,475,657 297 270 -60 60
Pioneer PORR0199 375,011 6,475,000 292 270 -61 66
Pioneer PORR0200 375,028 6,475,000 292 271 -71 114
Pioneer PORR02011. 374,418 6,475,337 297 275 -61 60
Pioneer PORR02021. 374,454 6,475,338 296 273 -60 60
Pioneer PORR02031. 374,501 6,475,340 296 270 -60 60
Pioneer PORR02041. 374,543 6,475,342 296 268 -61 60
Pioneer PORR02051. 374,580 6,475,342 295 269 -61 60
Pioneer PORR0206 375,087 6,474,700 292 272 -61 100
Pioneer PORR0207 374,960 6,474,841 293 271 -61 140
Pioneer PORR0208 375,041 6,474,840 292 272 -61 140
Pioneer PORR0209 375,124 6,474,842 292 271 -60 140
Pioneer PORR0210 375,007 6,474,921 293 272 -61 75
Pioneer PORR0211 375,049 6,474,920 292 271 -65 155
Baloo BLOR0044 392,774 6,480,610 258 90 -85 36
Baloo BLOR0045 392,774 6,480,610 258 90 -70 40
Baloo BLOR0046 392,774 6,480,610 258 90 -55 54
Baloo BLOR0047 392,783 6,480,620 258 90 -85 36
Baloo BLOR0048 392,783 6,480,620 258 270 -85 54
Baloo BLOR0049 392,783 6,480,620 258 270 -75 42
1. Waste dump sterilisation holes            

 

 

Table 6: Alacer Gold Corp – Selected Historical drill holes from Jupiter prospect, 2012/13 Drilling

 

 

 
Prospect Hole ID MGA

Easting

(m)

MGA

Northing

(m)

Elevation

(m)

Azi Dip

(deg)

Total

Depth

(m)

Jupiter JUPR001 383080 6483301 279 270 -60 150.0
Jupiter JUPR007 383079 6483281 280 270 -60 140.0
Jupiter JUPR008 383080 6483380 280 270 -60 140.0
Jupiter JUPR021 382908 6483580 279 90 -60 216.0
Jupiter JUPR025 383032 6483752 279 270 -70 162.0
Jupiter JUPR030 383041 6483729 279 270 -60 124.0
Jupiter JUPR031 383022 6483750 279 270 -70 100.0
Jupiter JUPR037 383044 6483712 279 270 -60 126.0
Jupiter JUPR038 383044 6483691 278 270 -60 132.0
Jupiter JUPR044 383058 6483687 278 240 -57 144.0

 

 

Table 7: S2 Resources Limited – Selected Historical Drill Holes from Baloo Deposit, 2015/16/17 Drilling

 

 

 
Prospect Hole ID MGA

Easting

(m)

MGA

Northing

(m)

Elevation

(m)

Azi Dip

(deg)

Total

Depth

(m)

Baloo SPD0100 392910 6480840 262 270 -60 175.6
Baloo SPD0101 392890 6480800 262 270 -60 173.9
Baloo SPD0349 393100 6480620 262 270 -70 444.9
Baloo SPD0350 393000 6480880 262 270 -70 306.7
Baloo SPD0351 393040 6480800 262 270 -70 327.8
Baloo SPD0352 393080 6480660 262 270 -70 411.8
Baloo SPD0353 393040 6480740 262 270 -70 357.9
Baloo SPD0358 393028 6480620 262 270 -70 393.8
Baloo SPBC0258 392870 6480860 262 270 -60 123.0

 

SOURCE RNC Minerals

 

 


Figure 1: Location of Jupiter, Baloo, Mitchell, Pluto and Pioneer Deposits (CNW Group/RNC Minerals)

 


Figure 2 – Pioneer Long Section Looking West (CNW Group/RNC Minerals)

 


Figure 3 – Baloo Long Section Looking East Highlighting Potential to Extend Pit to South; Note: Historical drill intersections shown (see S2 Resources Ltd.,ASX news releases, February 10, 2016, December 8, 2016 and February 13, 2017). (CNW Group/RNC Minerals)

 


Figure 4: Jupiter Long Section looking West; Note: Longsection is based on Alacer’s news release dated March 26, 2013 (CNW Group/RNC Minerals)

 

 

Posted May 19, 2020

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