Galane Gold Ltd.
TSX VENTURE : GG

Galane Gold Ltd.

October 31, 2013 17:00 ET

Galane Gold Ltd. Announces Mineral Resource at the Tekwane Prospect

TORONTO, ONTARIO--(Marketwired - Oct. 31, 2013) - Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX VENTURE:GG) is conducting a major long-term exploration programme over a number of prospects within its mining leases and exploration tenements which cover the bulk of the Tati greenstone belt in Botswana. The Company is pleased to provide an update on the final phase of exploration work at the Company's Tekwane Prospect ("Tekwane") which has defined gold mineralisation in a flat-lying quartz rubble bed within the soil profile, close to surface.

At Tekwane, the total indicated mineral resource is 12,735 ounces of gold and the total inferred mineral resource is 11,443 ounces of gold. The Company has commenced the process of applying for a mining licence and it is envisaged that mining will commence at Tekwane in 2015. The gold-bearing rubble horizon will be strip-mined and processed using a conventional mobile crusher and milling circuit which will recover the gold using a gravity concentrator. This mobile plant will be based at the mining site to reduce the cost of hauling material to the main plant at the Company's Mupane Mine. Galane Gold anticipates at least an 83% recovery consistent with our current reported recoveries, however, since Tekwane is an oxide, free gold, near-surface deposit it is anticipated that recoveries will exceed the historical recoveries of other deposits on the mining lease area. Our estimates are for a capital expenditure of less than $600,000 and for direct operating costs of $315 - 375 per ounce, inclusive of royalties. Direct operating cost is a non-GAAP measure. See "Direct Operating Costs" and "Cautionary Notes" below.

Location

Through a regional program completed by a predecessor to the Company in 2002 a gold-in-soil geochemical anomaly measuring 2.6 km X 1.0 km in size was shown to exist - Tekwane. It is located approximately 11 km by main road from the Company's processing plant at the Mupane Mine, just to the north of the Archaean Tati greenstone belt in Botswana. It is covered by in the main by Prospecting Licence 101/2011 held by the Company's wholly-owned subsidiary The Northern Lights Exploration Company (Pty) Limited ("NLE"). The mineralized quartz rubble can now be seen to extend slightly onto the adjoining Prospecting Licence 211/2010, also held by NLE.

Pit Excavation Results

Pits with average dimensions of 2.5m x 1.5m X 1.5m deep were excavated by mechanical digger in 3 phases of work. In total 420 pits were dug on a 100m X 50m grid in 2 phases to outline the resource. A further 218 pits were dug as an infill exercise, giving coverage on a 50m X 50m grid, over the areas of interest. This has delineated 3 areas, approximately 850m X 850m, 450m X 450m, and 400m X 200m to give a total area of roughly 1.0 sq km in size that is underlain by the auriferous quartz rubble of greater than 0.50g/t Au, covered by 206 pits in all.

Sample grades include values of:

Previously Reported

  • Pit ID TKPT386 78.00 g/t Au.
  • Pit ID TKPT029 43.47 g/t Au.
  • Pit ID TKPT030 39.71 g/t Au.
  • Pit ID TKPT056 30.50 g/t Au.
  • Pit ID TKPT083 22.71 g/t Au.
  • Pit ID TKPT133 12.02 g/t Au.
  • Pit ID TKPT197 10.31 g/t Au.

New Results

  • Pit ID TKPT625 20.66 g/t Au.
  • Pit ID TKPT567 20.57 g/t Au.
  • Pit ID TKPT556 19.41 g/t Au.
  • Pit ID TKPT695 17.60 g/t Au.
  • Pit ID TKPT607 13.40 g/t Au.
  • Pit ID TKPT574 12.76 g/t Au.
  • Pit ID TKPT589 12.08 g/t Au.
  • Pit ID TKPT690 11.32 g/t Au.

In addition and in total there are 13 pits that assay in the 5.0 to 10.0 g/t range, 36 pits that assay in the 2.5 to 5.0 g/t range, 81 pits that assay in the 1.0 to 2.5 g/t range, and 61 pits that assay in the 0.5 to 1.0 g/t range

Overall, the 206 pits above 0.50 g/t Au have yielded an average sampled width of 0.22m for the quartz rubble, with grades shown in the tabulated summary of all pit results which is attached to this release as Schedule "A".

There is a striking correlation between the original soil geochemistry, the quartz rubble values in the pits, and the bedrock type which is illustrated in the 3 diagrams below. From these it is deduced that the 'host' lithology, a porphyritic felsic rock (felsite) of unknown genesis, has controlled the gold mineralisation at Tekwane. In a few of the pits gold-carrying quartz veining can be seen and there are some historic gold workings nearby (away from the auriferous rubble area) characterised by gold in narrow quartz veins. Quartz, being very resistive tends to form a type of lag deposit - i.e. the rest of the rock becomes weathered, oxidised, and disintegrates as the surface lowers, but the quartz accumulates. The pits, being 50m apart, cannot expose all of the quartz veins that are narrow (2cm to 15cm in width). It is known that the Mafic rocks outside of the area of interest do not have quartz veining, and it is known that the host felsite itself does not carry gold, it is the quartz veins that carry the gold and they have formed the lag deposit in the soil profile.

To view the maps associated with this press release, please visit the following link: http://media3.marketwire.com/docs/GGMaps.pdf.

Mineral resource estimate - methodology.

  1. All resources were modelled using an approximate 0.6 g/t Au grade polygon around each mineralised zone.
  2. Assay data from each grade shell was evaluated and appropriately capped for the purpose of this estimation.
  3. A Grid model was created using each of the grade polygons based on a gold price of $1200/oz.
  4. Strip mining slope face angle of 85 degrees are anticipated, metallurgical recovery of 90%, and appropriate dilution, overhead costs, and royalties.

    • Independent Metallurgical Test work on the quartz rubble material to determine final possible recoveries is currently underway.
    • A conservative cut-off grade of 0.6g/t in line with current operational practices was therefore used in the interim.
    • Ore bed continuity was confirmed by logging and sampling of trenches excavated between the pits.
    • Planned Infill grade control pitting and trenching would allow mining of both the indicated and inferred material.
Tekwane Mineral Resource Estimate
Effective Date: September, 2013
Category Indicated Inferred
Cutoff Tons AU Au Tons AU Au
Deposit grade (000) (g/t) (000 oz) (000) (g/t) (000 oz)
(g/t)
Tekwane 0.60 168,125 2.36 12,735 151,447 2.35 11,443

Work Conducted.

The program of work commenced in March of 2012 and the first phase of 72 pits was reported in December of 2012. A further 348 pits (for a total of 420) were excavated and reported on in June of 2013 - these programs "found the limits" of the auriferous quartz rubble horizon at Tekwane. The last phase has been the 'in-fill' program of another 218 pits (for a total of 638) which is covered by this release.

All pits were logged and the quartz rubble and bedrock exposures were sampled in detail. Finally 4 continuous trenches each roughly 200m long were excavated selectively between the 50m pits and they show that there is continuity of the quartz rubble horizon. This density of pits and the continuous trenches forms the basis of the resource estimate tabulated below, that is compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

Laboratory Methodology and Quality Assurance

All samples summarised in this news release and shown in the related tables were collected by personnel of the Company under the supervision of senior staff and a qualified person, as defined by NI 43-101. Each collected sample weighs roughly 4 kg and employees transported these samples to the independently run sample preparation facility operated by Genalysis Laboratory Services Pty Ltd ("Genalysis"). The facility prepares samples for analysis (the samples are crushed and milled with 90% passing through 75 microns) and ships them to the Genalysis laboratory in Johannesburg, South Africa, where the gold is determined by a fire assay of a 50 gram sample.

The Genalysis laboratory is registered to ISO 9001:2001 and has received ISO/IEC 17025 accreditation. In addition to the internal QA-QC program used by this accredited laboratory, the Company also maintains an independent QA-QC program that includes the use of certified standard reference materials, blanks, as well as field duplicates. The quality control data associated with these results falls within acceptable ranges for all relevant parameters.

Mineral resource estimates and the quality control program were prepared and supervised by Steven Duma Pr.Sci.Nat, MAusIMM. Mr. Duma has more than 14 years relevant industry experience and is a BSc Honours graduate in Geology. He is the Mineral Resources Manager for Mupane Gold and serves as the "qualified person" as defined by NI 43-101.

Information of a technical and scientific nature that forms the basis of the disclosure in this news release has been prepared under the supervision of Mr. Charles Byron, Pr. Sci. Nat., MAusIMM. MGSSA who has verified the data disclosed, including sampling, analytical and test data underlying the technical information contained herein. Mr. Byron has more than 25 years relevant industry experience and is a BSc Honours graduate in Geology. He is the Chief Geologist with the Company and serves as the qualified person as defined by NI 43-101.

About Galane Gold

Galane Gold is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana. Galane Gold is a public company and its shares are quoted on the TSX Venture Exchange and the Botswana Stock Exchange under the symbol GG. Galane Gold's management team is comprised of senior mining professionals with extensive experience in managing mining and processing operations and large-scale exploration programmes. Galane Gold is committed to operating at world-class standards and is focused on the safety of its employees, respecting the environment, and contributing to the communities in which it operates.

Direct Operating Costs

Direct operating cost includes mine site operating costs such as mining, processing, and attributable realized derivative gain or loss, but are exclusive of amortization, reclamation, administration, and exploration and development costs.

Direct operating cost incorporates the results of an economic analysis that includes inferred mineral resources. The economic analysis of inferred mineral resources is preliminary in nature and includes mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the results set forth in such economic analysis will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Cautionary Notes

Certain statements contained in this news release constitute "forward-looking statements". All statements other than statements of historical fact contained in this news release, including, without limitation, statements regarding exploration results, mineral resource estimates, potential mineral resources and/or assumptions in respect of gold production, cash flow and costs, estimated project economics and the Company's exploration and development plans and objectives and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements.

Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to: the possibility that future exploration results will not be consistent with the Company's expectations; failure to establish estimated mineral resources or mineral reserves (the Company's mineral resource and mineral reserve figures are estimates and no assurance can be given that the indicated levels of gold will be produced); the Company's dependence on a single mineral project; gold price volatility; risks associated with the conduct of the Company's mining activities in Botswana; regulatory, consent or permitting delays; risks relating to the Company's exploration, development and mining activities being situated in a single country; risks relating to reliance on the Company's management team and outside contractors; risks regarding mineral resources and reserves; the Company's inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; mining tax regimes; risks arising from holding derivative instruments; the Company's need to replace reserves depleted by production; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects;
contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; operating or technical difficulties in connection with mining or development activities; lack of infrastructure; employee relations, labour unrest or unavailability; health risks in Africa; the Company's interactions with surrounding communities and artisanal miners; the Company's ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; development of the Company's exploration properties into commercially viable mines; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; and litigation risk. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SCHEDULE "A": AURIFEROUS QUARTZ RUBBLE EXPOSED IN PITS AT TEKWANE.

Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00386 578796.16 7644250.43 0.81 0.81 1.00 0.19 78.00
TKPT00029 579996.79 7644250.80 0.50 0.50 1.00 0.50 43.47
TKPT00030 580000.11 7644298.87 0.45 0.45 0.75 0.30 39.71
TKPT00056 579699.53 7644245.23 0.70 0.70 0.80 0.10 30.50 7
TKPT00083 580200.00 7644750.00 0.61 0.61 0.73 0.12 22.71
TKPT00625 579650.00 7644200.00 0.69 0.69 0.82 0.13 20.66
TKPT00567 580050.00 7644700.00 0.07 0.07 0.45 0.38 20.57
TKPT00556 580150.00 7644950.00 0.48 0.48 0.85 0.37 19.41
TKPT00695 579050.00 7644150.00 1.00 1.00 1.23 0.23 17.60
TKPT00607 579750.00 7644150.00 0.96 0.96 1.19 0.23 13.40
TKPT00574 579950.00 7644300.00 0.47 0.47 0.50 0.03 12.76
TKPT00589 579850.00 7644150.00 0.30 0.30 0.57 0.27 12.08 8
TKPT00133 579593.46 7644846.14 0.50 0.50 0.70 0.20 12.02
TKPT00690 579150.00 7644250.00 1.20 1.20 1.44 0.24 11.32
TKPT00197 579499.81 7643694.49 0.20 0.20 0.40 0.20 10.31
TKPT00009 580105.00 7644595.00 0.15 0.15 0.45 0.30 8.09
TKPT00084 580200.00 7644800.00 0.49 0.49 0.57 0.08 8.01
TKPT00054 579797.69 7644604.54 0.70 0.70 0.80 0.10 8.00
TKPT00537 580250.00 7644600.00 0.59 0.59 0.74 0.15 7.91
TKPT00285 579194.23 7643800.88 0.30 0.30 0.97 0.67 7.87
TKPT00545 580150.00 7644400.00 0.65 0.65 0.94 0.29 7.74
TKPT00320 579096.97 7644347.07 1.03 1.03 1.30 0.27 7.03 13
TKPT00171 579796.07 7643901.64 0.20 0.20 0.30 0.10 6.79
TKPT00176 579794.86 7644149.71 0.70 0.70 0.80 0.10 6.73
TKPT00477 578299.87 7643798.35 0.48 0.48 0.94 0.46 6.63
TKPT00055 579696.24 7644201.37 0.40 0.40 0.45 0.05 6.11
TKPT00124 579699.92 7644798.58 0.37 0.37 0.48 0.11 5.66
TKPT00543 580250.00 7644950.00 0.60 0.60 0.86 0.26 5.26
TKPT00186 579695.56 7644152.37 0.60 0.60 0.90 0.22 4.95
TKPT00090 580100.00 7644700.00 0.30 0.30 0.45 0.15 4.92
TKPT00565 580050.00 7644650.00 0.29 0.29 0.50 0.21 4.88
TKPT00294 579199.47 7644251.67 1.43 1.43 1.61 0.18 4.82
TKPT00720 578750.00 7644250.00 0.73 0.73 0.99 0.26 4.68
TKPT00704 578950.00 7644200.00 0.89 0.89 1.08 0.19 4.47
TKPT00270 579296.02 7644300.81 1.00 1.00 1.10 0.10 4.35
TKPT00687 579150.00 7644100.00 1.00 1.00 1.34 0.34 4.26
TKPT00578 579950.00 7644500.00 0.36 0.36 0.55 0.19 4.11
TKPT00089 580100.00 7644650.00 0.57 0.57 0.68 0.11 3.90
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00719 578750.00 7644150.00 1.03 1.03 1.19 0.16 3.88
TKPT00564 580050.00 7644600.00 0.22 0.22 0.50 0.28 3.66
TKPT00558 580050.00 7644300.00 0.46 0.46 0.56 0.10 3.42
TKPT00356 578895.83 7643849.50 1.13 1.13 1.21 0.08 3.38
TKPT00101 579995.76 7644844.95 0.60 0.60 0.75 0.15 3.16
TKPT00061 579698.14 7644500.08 0.30 0.30 0.40 0.10 3.12
TKPT00571 580050.00 7644900.00 0.29 0.29 0.38 0.09 3.09
TKPT00087 580200.00 7644950.00 0.43 0.43 0.64 0.21 3.06
TKPT00016 580199.00 7644500.00 0.45 0.45 0.75 0.30 3.03
TKPT00127 579699.10 7644949.60 0.39 0.39 0.51 0.12 2.99
TKPT00651 579550.00 7644350.00 0.70 0.70 0.94 0.24 2.99
TKPT00547 580150.00 7644500.00 0.31 0.31 0.51 0.20 2.93
TKPT00559 580050.00 7644350.00 0.44 0.44 0.57 0.13 2.92
TKPT00131 579596.23 7644743.96 0.60 0.60 0.63 0.03 2.91 36
TKPT00598 579850.00 7644600.00 0.37 0.37 0.64 0.27 2.89
TKPT00038 579899.80 7644251.05 0.30 0.30 0.90 0.60 2.86
TKPT00384 578797.82 7644148.65 0.90 0.90 1.17 0.27 2.84
TKPT00591 579850.00 7644250.00 0.78 0.78 0.90 0.12 2.80
TKPT00523 580400.00 7644700.00 0.64 0.64 0.85 0.21 2.79
TKPT00338 578998.27 7644095.69 0.99 0.99 1.13 0.14 2.78
TKPT00077 580300.00 7644850.00 0.40 0.40 1.20 0.80 2.77
TKPT00560 580050.00 7644400.00 0.55 0.55 0.70 0.15 2.74
TKPT00049 579798.36 7644347.87 0.20 0.20 0.24 0.04 2.73
TKPT00531 580350.00 7644700.00 0.57 0.57 0.90 0.33 2.73
TKPT00217 579497.75 7644696.05 0.60 0.60 0.65 0.05 2.72
TKPT00689 579150.00 7644200.00 1.15 1.15 1.38 0.23 2.59
TKPT00071 579599.19 7644556.59 0.40 0.40 0.50 0.10 2.49
TKPT00008 580109.00 7644548.00 0.35 0.35 0.80 0.45 2.48
TKPT00118 579795.10 7644899.06 0.50 0.50 0.72 0.22 2.43
TKPT00066 579599.34 7644300.83 0.70 0.70 0.80 0.10 2.28
TKPT00382 578796.56 7644051.24 0.65 0.65 0.87 0.22 2.27
TKPT00698 579050.00 7644300.00 0.90 0.90 1.03 0.13 2.19
TKPT00125 579697.90 7644846.94 0.22 0.22 0.33 0.11 2.18
TKPT00444 578495.17 7644050.90 0.42 0.42 1.04 0.62 2.16
TKPT00067 579598.54 7644347.63 0.70 0.70 0.75 0.05 2.15
TKPT00555 580150.00 7644900.00 0.50 0.50 0.78 0.28 2.13
TKPT00039 579899.12 7644301.98 0.20 0.20 0.30 0.10 2.13
TKPT00339 578996.22 7644146.95 0.81 0.81 1.13 0.32 2.10
TKPT00548 580150.00 7644550.00 0.42 0.42 0.74 0.32 2.03
TKPT00481 578296.71 7643998.64 0.39 0.39 0.64 0.25 2.03
TKPT00042 579898.60 7644443.26 0.35 0.35 0.55 0.20 2.02
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00693 579050.00 7644050.00 1.36 1.36 1.60 0.24 1.97
TKPT00318 579096.02 7644246.13 0.76 0.76 0.89 0.13 1.97
TKPT00461 578393.65 7643954.36 0.56 0.56 0.68 0.12 1.96
TKPT00341 578997.86 7644251.16 1.09 1.09 1.25 0.16 1.94
TKPT00590 579850.00 7644200.00 0.84 0.84 1.06 0.22 1.94
TKPT00315 579092.64 7644097.26 1.12 1.12 1.44 0.32 1.93
TKPT00733 578250.00 7644100.00 0.81 0.81 0.86 0.05 1.91
TKPT00086 580200.00 7644900.00 0.38 0.38 0.48 0.10 1.89
TKPT00303 579100.00 7643500.00 1.19 1.19 1.36 0.17 1.85
TKPT00005 580100.00 7644399.00 0.55 0.55 1.00 0.45 1.85
TKPT00725 578450.00 7643950.00 0.64 0.64 0.82 0.18 1.79
TKPT00085 580200.00 7644850.00 1.00 1.00 1.48 0.48 1.76
TKPT00442 578495.68 7643950.23 0.59 0.59 0.71 0.12 1.73
TKPT00098 579998.39 7644695.91 0.20 0.20 0.30 0.10 1.62
TKPT00205 579496.48 7644094.95 0.20 0.20 0.35 0.15 1.61
TKPT00570 580050.00 7644850.00 0.31 0.31 0.60 0.29 1.58
TKPT00610 579750.00 7644300.00 0.82 0.82 0.92 0.10 1.58
TKPT00573 579950.00 7644250.00 0.35 0.35 0.55 0.20 1.57
TKPT00082 580200.00 7644700.00 0.42 0.42 0.49 0.07 1.56
TKPT00551 580150.00 7644700.00 0.28 0.28 0.53 0.25 1.54
TKPT00195 579599.45 7644098.42 0.60 0.60 0.75 0.15 1.54
TKPT00675 579350.00 7644450.00 1.01 1.01 1.22 0.21 1.52
TKPT00220 579496.09 7644853.56 0.50 0.50 0.70 0.20 1.51
TKPT00006 580113.00 7644451.00 0.30 0.30 0.40 0.10 1.46
TKPT00057 579694.16 7644299.24 0.50 0.50 0.80 0.30 1.44
TKPT00723 578550.00 7644000.00 0.53 0.53 0.66 0.13 1.43
TKPT00593 579850.00 7644350.00 0.34 0.34 0.52 0.18 1.37
TKPT00542 580250.00 7644900.00 0.53 0.53 0.70 0.17 1.36
TKPT00594 579850.00 7644400.00 0.63 0.63 0.88 0.25 1.36
TKPT00340 578998.47 7644197.86 1.00 1.00 1.16 0.16 1.36
TKPT00050 579798.32 7644402.20 0.45 0.45 1.30 0.85 1.35
TKPT00123 579699.96 7644748.26 0.43 0.43 0.66 0.23 1.33
TKPT00552 580150.00 7644750.00 0.45 0.45 0.84 0.39 1.31
TKPT00063 579697.50 7644596.18 0.60 0.60 0.90 0.30 1.29
TKPT00696 579050.00 7644200.00 0.96 0.96 1.24 0.28 1.28 81
TKPT00135 579593.19 7644947.77 0.26 0.26 0.37 0.11 1.28
TKPT00726 578450.00 7644000.00 0.81 0.81 0.95 0.14 1.27
TKPT00007 580103.00 7644502.00 0.40 0.40 0.60 0.20 1.26
TKPT00612 579750.00 7644400.00 0.50 0.50 0.66 0.16 1.24
TKPT00604 579850.00 7644900.00 0.62 0.62 0.70 0.08 1.23
TKPT00311 579092.44 7643898.52 1.28 1.28 1.35 0.07 1.23
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00603 579850.00 7644850.00 0.30 0.30 0.60 0.30 1.22
TKPT00060 579700.84 7644449.82 0.30 0.30 0.55 0.25 1.21
TKPT00100 579995.76 7644796.81 0.40 0.40 0.60 0.20 1.20
TKPT00653 579550.00 7644600.00 0.56 0.56 1.50 0.94 1.19
TKPT00601 579850.00 7644750.00 0.34 0.34 0.66 0.32 1.18
TKPT00236 579392.78 7644293.81 1.30 1.30 1.50 0.20 1.18
TKPT00605 579750.00 7644050.00 0.60 0.60 0.69 0.09 1.16
TKPT00004 580086.00 7644341.00 0.55 0.55 0.80 0.25 1.15
TKPT00362 578894.14 7644145.71 0.78 0.78 0.96 0.18 1.15
TKPT00538 580250.00 7644700.00 0.58 0.58 0.80 0.22 1.15
TKPT00576 579950.00 7644400.00 0.60 0.60 0.60 0.00 1.15
TKPT00357 578898.17 7643899.46 1.07 1.07 1.18 0.11 1.14
TKPT00059 579700.61 7644402.69 0.40 0.40 0.90 0.50 1.11
TKPT00072 579603.32 7644602.10 0.40 0.40 0.70 0.30 1.10
TKPT00716 578850.00 7644300.00 1.10 1.10 1.18 0.08 1.09
TKPT00073 580300.00 7644650.00 0.80 0.80 1.60 0.80 1.09
TKPT00638 579650.00 7644850.00 0.56 0.56 0.82 0.26 1.06
TKPT00464 578397.16 7644098.40 0.73 0.73 0.96 0.23 1.05
TKPT00688 579150.00 7644150.00 1.20 1.20 1.35 0.15 1.05
TKPT00074 580300.00 7644700.00 0.60 0.60 1.20 0.60 1.05
TKPT00596 579850.00 7644500.00 0.47 0.47 0.67 0.20 1.04
TKPT00198 579498.92 7643746.65 0.50 0.50 0.75 0.25 1.03
TKPT00621 579750.00 7644850.00 0.42 0.42 0.70 0.28 1.03
TKPT00703 578950.00 7644150.00 0.85 0.85 1.09 0.24 1.02
TKPT00026 580305.00 7644549.00 0.35 0.35 0.50 0.15 1.00
TKPT00577 579950.00 7644450.00 0.47 0.47 1.52 1.05 0.96
TKPT00064 579601.55 7644200.48 0.40 0.40 0.50 0.10 0.95
TKPT00045 579902.92 7644594.13 0.70 0.70 0.95 0.25 0.95
TKPT00635 579650.00 7644700.00 0.38 0.38 0.54 0.16 0.94
TKPT00586 579950.00 7644900.00 0.43 0.43 0.62 0.19 0.92
TKPT00070 579601.28 7644502.23 0.70 0.70 0.85 0.15 0.90
TKPT00273 579297.68 7644450.13 0.70 0.70 0.90 0.20 0.89
TKPT00110 579897.22 7644897.70 0.30 0.30 0.45 0.15 0.87
TKPT00337 578997.06 7644051.04 0.71 0.71 1.07 0.36 0.85
TKPT00462 578395.82 7643998.36 0.82 0.82 0.91 0.09 0.83
TKPT00238 579397.93 7644398.64 0.80 0.80 1.00 0.20 0.83
TKPT00732 578350.00 7644050.00 0.38 0.38 0.50 0.12 0.82
TKPT00365 578895.91 7644298.18 0.90 0.90 1.01 0.11 0.80
TKPT00730 578350.00 7643950.00 0.66 0.66 0.80 0.14 0.80
TKPT00122 579695.26 7644694.87 0.48 0.48 0.63 0.15 0.79
TKPT00174 579795.70 7644051.58 0.55 0.55 1.30 0.75 0.79
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00130 579595.15 7644695.74 0.70 0.70 0.75 0.05 0.79
TKPT00736 578250.00 7644050.00 0.45 0.45 0.60 0.15 0.76
TKPT00097 579997.12 7644648.25 0.30 0.30 0.45 0.15 0.72
TKPT00075 580300.00 7644750.00 1.00 1.00 1.30 0.30 0.71
TKPT00317 579096.07 7644199.22 1.09 1.09 1.15 0.06 0.71
TKPT00554 580150.00 7644850.00 0.55 0.55 0.90 0.35 0.71
TKPT00361 578895.00 7644096.98 0.88 0.88 1.13 0.25 0.70
TKPT00364 578893.01 7644249.79 0.88 0.88 1.08 0.20 0.69
TKPT00443 578492.53 7644003.73 0.38 0.38 0.65 0.27 0.69
TKPT00108 579898.69 7644800.02 0.20 0.20 0.35 0.15 0.69
TKPT00126 579696.69 7644896.41 0.48 0.48 0.66 0.18 0.68
TKPT00043 579900.16 7644501.95 0.50 0.50 0.80 0.30 0.68
TKPT00637 579650.00 7644800.00 0.30 0.30 0.43 0.13 0.67
TKPT00363 578896.71 7644196.91 1.01 1.01 1.48 0.47 0.67 61
TKPT00580 579950.00 7644600.00 0.14 0.14 0.23 0.09 0.67
TKPT00216 579496.66 7644647.34 0.80 0.80 1.30 0.50 0.67
TKPT00102 579996.10 7644899.47 0.20 0.20 0.45 0.25 0.64
TKPT00539 580250.00 7644750.00 0.44 0.44 0.54 0.10 0.63
TKPT00081 580200.00 7644650.00 0.50 0.50 0.60 0.10 0.62
TKPT00210 579498.13 7644346.30 0.70 0.70 0.80 0.10 0.61
TKPT00381 578797.74 7644001.04 0.56 0.56 0.80 0.24 0.61
TKPT00562 580050.00 7644500.00 0.33 0.33 0.49 0.16 0.60
TKPT00035 580007.57 7644554.14 0.25 0.25 0.55 0.30 0.60
TKPT00595 579850.00 7644450.00 0.39 0.39 0.59 0.20 0.59
TKPT00549 580150.00 7644600.00 0.00 0.00 0.25 0.25 0.58
TKPT00669 579450.00 7644850.00 0.53 0.53 0.92 0.39 0.58
TKPT00680 579250.00 7644300.00 1.05 1.05 1.22 0.17 0.58
TKPT00544 580150.00 7644350.00 0.65 0.65 0.83 0.18 0.58
TKPT00218 579493.57 7644746.60 0.90 0.90 0.97 0.07 0.57
TKPT00032 579996.69 7644393.21 0.50 0.50 0.80 0.30 0.57
TKPT00080 580300.00 7645000.00 0.60 0.60 0.70 0.10 0.56
TKPT00129 579596.14 7644647.41 0.20 0.20 0.23 0.03 0.56
TKPT00694 579050.00 7644100.00 1.19 1.19 1.33 0.14 0.55
TKPT00627 579650.00 7644300.00 0.90 0.90 1.00 0.10 0.54
TKPT00013 580203.00 7644352.00 0.10 0.10 0.20 0.10 0.54
TKPT00561 580050.00 7644450.00 0.40 0.40 0.64 0.24 0.54
TKPT00134 579596.03 7644897.86 0.30 0.30 0.45 0.15 0.53
TKPT00673 579350.00 7644300.00 1.00 1.00 1.12 0.12 0.53
TKPT00630 579650.00 7644450.00 0.89 0.89 0.92 0.03 0.53
TKPT00615 579750.00 7644550.00 0.33 0.33 0.50 0.17 0.52
TKPT00269 579295.59 7644249.91 1.00 1.00 1.10 0.10 0.52

Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00049 579798.36 7644347.87 0.24 0.24 0.80 0.56 0.51
TKPT00728 578350.00 7644100.00 0.70 0.70 0.85 0.15 0.51
TKPT00666 579450.00 7644700.00 0.70 0.70 0.81 0.11 0.51
TKPT00040 579898.99 7644348.66 0.15 0.15 0.25 0.10 0.50
TKPT00034 579999.72 7644495.70 0.35 0.35 0.65 0.30 0.49
TKPT00114 579796.93 7644698.62 0.50 0.50 0.63 0.13 0.48
TKPT00188 579597.90 7643746.69 0.20 0.20 0.30 0.10 0.48
TKPT00119 579797.65 7644948.08 0.19 0.19 0.36 0.17 0.47
TKPT00062 579700.74 7644558.62 0.40 0.40 0.55 0.15 0.47
TKPT00295 579196.62 7644299.78 0.77 0.77 0.98 0.21 0.47
TKPT00636 579650.00 7644750.00 0.50 0.50 0.73 0.23 0.46
TKPT00091 580100.00 7644750.00 0.20 0.20 0.30 0.10 0.46
TKPT00609 579750.00 7644250.00 0.68 0.68 0.91 0.23 0.46
TKPT00168 579800.00 7643750.00 0.60 0.60 0.80 0.20 0.46
TKPT00088 580200.00 7645000.00 0.26 0.26 0.51 0.25 0.46
TKPT00691 579150.00 7644300.00 0.86 0.86 1.11 0.25 0.46
TKPT00343 578995.62 7644346.70 0.76 0.76 0.98 0.22 0.46
TKPT00334 578995.66 7643897.73 1.31 1.31 1.35 0.04 0.45
TKPT00608 579750.00 7644200.00 0.77 0.77 1.06 0.29 0.44
TKPT00672 579350.00 7644250.00 1.30 1.30 1.59 0.29 0.43
TKPT00214 579492.68 7644549.06 0.80 0.80 1.30 0.50 0.43
TKPT00209 579493.52 7644296.25 0.90 0.90 1.00 0.10 0.43
TKPT00047 579799.42 7644244.76 0.50 0.50 0.70 0.20 0.42
TKPT00099 579998.19 7644745.12 0.30 0.30 0.50 0.20 0.42
TKPT00189 579598.35 7643798.06 0.50 0.50 0.60 0.10 0.42
TKPT00113 579797.26 7644648.66 0.21 0.21 0.29 0.08 0.40
TKPT00727 578450.00 7644050.00 0.53 0.53 0.71 0.18 0.39
TKPT00037 579900.65 7644203.28 0.40 0.40 0.60 0.20 0.39
TKPT00575 579950.00 7644350.00 0.45 0.45 0.59 0.14 0.37
TKPT00121 579708.06 7644648.16 0.55 0.55 0.84 0.29 0.36
TKPT00128 579696.22 7644996.84 0.30 0.30 0.55 0.25 0.36
TKPT00686 579150.00 7644050.00 1.35 1.35 1.74 0.39 0.35
TKPT00631 579650.00 7644500.00 0.36 0.36 0.62 0.26 0.35
TKPT00093 580100.00 7644850.00 0.30 0.30 0.50 0.20 0.34
TKPT00024 580304.00 7644453.00 0.40 0.40 0.50 0.10 0.34
TKPT00116 579797.99 7644800.42 0.21 0.21 0.34 0.13 0.34
TKPT00699 578950.00 7643850.00 2.10 2.10 2.23 0.13 0.33
TKPT00138 580094.41 7643747.88 0.60 0.60 0.65 0.05 0.33
TKPT00036 580003.68 7644599.81 0.20 0.20 0.45 0.25 0.33
TKPT00581 579950.00 7644650.00 0.36 0.36 0.52 0.16 0.32
TKPT00160 579894.86 7643850.55 0.20 0.20 0.50 0.30 0.32
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00181 579695.47 7643896.45 0.30 0.30 0.45 0.15 0.32
TKPT00316 579094.21 7644148.31 1.09 1.09 1.24 0.15 0.29
TKPT00678 579250.00 7643850.00 0.53 0.53 0.78 0.25 0.29
TKPT00463 578396.91 7644049.66 0.53 0.53 0.86 0.33 0.28
TKPT00046 579799.01 7644193.32 0.60 0.60 0.65 0.05 0.28
TKPT00134 579596.03 7644897.86 0.30 0.30 0.45 0.15 0.28
TKPT00211 579496.40 7644397.05 0.50 0.50 0.60 0.10 0.28
TKPT00237 579396.71 7644346.60 0.70 0.70 0.80 0.10 0.28
TKPT00053 579794.10 7644547.70 0.30 0.30 0.40 0.10 0.27
TKPT00241 579394.73 7644545.19 0.70 0.70 0.95 0.25 0.27
TKPT00583 579950.00 7644750.00 0.36 0.36 0.52 0.16 0.27
TKPT00731 578350.00 7644000.00 0.53 0.53 0.60 0.07 0.27
TKPT00569 580050.00 7644800.00 0.30 0.30 0.41 0.11 0.27
TKPT00242 579399.04 7644599.20 0.90 0.90 1.20 0.30 0.26
TKPT00058 579705.66 7644349.66 0.50 0.50 0.55 0.05 0.25
TKPT00530 580350.00 7644650.00 0.30 0.30 0.50 0.20 0.25
TKPT00165 579894.96 7644097.61 0.40 0.40 0.50 0.10 0.25
TKPT00624 579650.00 7644100.00 0.64 0.64 0.72 0.08 0.25
TKPT00611 579750.00 7644350.00 0.63 0.63 0.75 0.12 0.24
TKPT00107 579895.73 7644747.41 0.20 0.20 0.40 0.20 0.24
TKPT00052 579796.64 7644493.41 0.30 0.30 0.60 0.30 0.23
TKPT00235 579399.88 7644247.98 0.80 0.80 0.90 0.10 0.22
TKPT00246 579397.27 7644799.69 0.60 0.60 0.85 0.25 0.21
TKPT00628 579650.00 7644350.00 0.65 0.65 1.02 0.37 0.21
TKPT00713 578850.00 7644150.00 1.02 1.02 1.23 0.21 0.21
TKPT00304 579095.94 7643547.15 0.26 0.26 1.15 0.89 0.21
TKPT00583 579950.00 7644750.00 0.42 0.42 0.59 0.17 0.20
TKPT00632 579650.00 7644550.00 0.41 0.41 0.53 0.12 0.20
TKPT00655 579550.00 7644700.00 0.73 0.73 1.02 0.29 0.20
TKPT00614 579750.00 7644500.00 0.53 0.53 0.70 0.17 0.19
TKPT00103 579998.85 7644948.16 0.30 0.30 0.45 0.15 0.19
TKPT00366 578893.26 7644348.60 0.70 0.70 0.79 0.09 0.18
TKPT00342 578997.08 7644301.67 0.68 0.68 0.88 0.20 0.18
TKPT00599 579850.00 7644650.00 0.30 0.30 0.55 0.25 0.18
TKPT00679 579250.00 7644250.00 1.00 1.00 1.15 0.15 0.18
TKPT00033 579999.10 7644446.40 0.60 0.60 0.72 0.12 0.17
TKPT00640 579650.00 7644950.00 0.32 0.32 0.64 0.32 0.16
TKPT00667 579450.00 7644750.00 0.65 0.65 0.89 0.24 0.16
TKPT00572 579950.00 7644200.00 0.16 0.16 0.60 0.44 0.16
TKPT00584 579950.00 7644800.00 0.30 0.30 0.50 0.20 0.16
TKPT00296 579193.35 7644349.49 0.51 0.51 0.75 0.24 0.16
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00597 579850.00 7644550.00 0.45 0.45 0.89 0.44 0.15
TKPT00212 579496.89 7644452.42 0.80 0.80 0.85 0.05 0.14
TKPT00094 580100.00 7644900.00 0.30 0.30 0.60 0.30 0.13
TKPT00106 579896.62 7644699.05 0.30 0.30 0.60 0.30 0.13
TKPT00439 578495.75 7643797.82 0.68 0.68 0.80 0.12 0.13
TKPT00701 578950.00 7644050.00 1.57 1.57 1.75 0.18 0.13
TKPT00095 580100.00 7644950.00 0.00 0.00 0.20 0.20 0.12
TKPT00096 580100.00 7645000.00 0.20 0.20 0.35 0.15 0.12
TKPT00483 578298.87 7644098.10 0.72 0.72 0.89 0.17 0.12
TKPT00634 579650.00 7644650.00 0.38 0.38 0.62 0.24 0.12
TKPT00280 579195.35 7643546.27 0.66 0.66 0.73 0.07 0.12
TKPT00618 579750.00 7644700.00 0.41 0.41 0.81 0.40 0.11
TKPT00706 578950.00 7644300.00 0.80 0.80 0.90 0.10 0.11
TKPT00563 580050.00 7644550.00 0.20 0.20 0.35 0.15 0.11
TKPT00051 579797.60 7644450.83 0.20 0.20 0.60 0.40 0.10
TKPT00109 579895.48 7644849.06 0.50 0.50 0.70 0.20 0.10
TKPT00117 579797.50 7644850.88 0.18 0.18 0.22 0.04 0.10
TKPT00734 578250.00 7643950.00 0.40 0.40 0.70 0.30 0.09
TKPT00527 580350.00 7644500.00 0.30 0.30 0.44 0.14 0.09
TKPT00659 579550.00 7644900.00 0.50 0.50 0.60 0.10 0.09
TKPT00613 579750.00 7644450.00 0.55 0.55 0.89 0.34 0.08
TKPT00244 579394.45 7644696.51 0.60 0.60 0.80 0.20 0.08
TKPT00710 578850.00 7644000.00 0.65 0.65 0.78 0.13 0.08
TKPT00714 578850.00 7644200.00 0.72 0.72 0.89 0.17 0.08
TKPT00079 580300.00 7644950.00 0.40 0.40 1.10 0.70 0.08
TKPT00215 579494.59 7644596.08 1.00 1.00 1.30 0.30 0.08
TKPT00213 579494.43 7644496.00 0.80 0.80 1.10 0.30 0.08
TKPT00617 579750.00 7644650.00 0.40 0.40 0.59 0.19 0.07
TKPT00078 580300.00 7644900.00 0.50 0.50 0.90 0.40 0.07
TKPT00622 579750.00 7644900.00 0.51 0.51 0.76 0.25 0.07
TKPT00068 579603.12 7644403.44 0.50 0.50 0.65 0.15 0.07
TKPT00495 578200.00 7643800.00 0.28 0.28 0.54 0.26 0.07 160
TKPT00643 579550.00 7643750.00 0.20 0.20 0.43 0.23 0.06
TKPT00665 579450.00 7644650.00 0.72 0.72 0.98 0.26 0.06
TKPT00319 579096.18 7644295.55 0.93 0.93 1.26 0.33 0.06
TKPT00633 579650.00 7644600.00 0.39 0.39 0.60 0.21 0.06
TKPT00668 579450.00 7644800.00 0.51 0.51 0.68 0.17 0.06
TKPT00120 579795.40 7645000.41 0.51 0.51 0.61 0.10 0.06
TKPT00388 578795.41 7644348.28 1.23 1.23 1.44 0.21 0.06
TKPT00018 580198.00 7644600.00 0.30 0.30 0.40 0.10 0.06
TKPT00105 579898.83 7644647.66 0.30 0.30 0.55 0.25 0.05
Arch 1950 Datum
Zone 35 South Quartz Rubble Assays Au
Pit ID Over Burden Thickness (m) Number of Samples
UTM_East UTM_North From (m) To (m) Thickness (m) Grade (g/t)
TKPT00247 579396.94 7644849.19 0.40 0.40 0.55 0.15 0.05
TKPT00383 578797.27 7644100.50 0.72 0.72 0.94 0.22 0.05
TKPT00534 580350.00 7644850.00 0.44 0.44 0.62 0.18 0.05
TKPT00132 579593.76 7644796.54 0.60 0.60 0.67 0.07 0.05
TKPT00735 578250.00 7644000.00 0.51 0.51 0.70 0.19 0.05
TKPT00239 579394.29 7644452.27 0.90 0.90 1.00 0.10 0.05
TKPT00480 578298.31 7643948.36 0.55 0.55 0.74 0.19 0.05
TKPT00654 579550.00 7644650.00 0.43 0.43 0.65 0.22 0.04
TKPT00387 578795.65 7644298.82 0.27 0.27 0.98 0.71 0.04
TKPT00528 580350.00 7644550.00 0.28 0.28 0.44 0.16 0.04
TKPT00274 579294.56 7644499.00 0.80 0.80 1.00 0.20 0.04
TKPT00579 579950.00 7644550.00 0.83 0.83 1.49 0.66 0.04
TKPT00724 578550.00 7644050.00 1.28 1.28 1.44 0.16 0.04
TKPT00005 580100.00 7644399.00 0.40 0.40 0.55 0.15 0.04
TKPT00623 579750.00 7644950.00 0.39 0.39 0.50 0.11 0.03
TKPT00271 579297.08 7644351.43 1.00 1.00 1.10 0.10 0.03
TKPT00600 579850.00 7644700.00 0.19 0.19 0.46 0.27 0.03
TKPT00738 578250.00 7644150.00 0.47 0.47 0.61 0.14 0.03
TKPT00500 578198.17 7644048.47 0.39 0.39 0.49 0.10 0.02
TKPT00568 580050.00 7644750.00 0.40 0.40 0.62 0.22 0.02
TKPT00602 579850.00 7644800.00 0.45 0.45 1.59 1.14 0.02
TKPT00656 579550.00 7644750.00 0.56 0.56 0.78 0.22 0.02
TKPT00111 579897.03 7644946.30 0.30 0.30 0.55 0.25 0.02
TKPT00219 579492.51 7644797.02 0.80 0.80 0.90 0.10 0.02
TKPT00499 578197.90 7643999.96 0.47 0.47 0.58 0.11 0.02
TKPT00418 578594.60 7643750.88 0.48 0.48 0.74 0.26 0.01
TKPT00243 579395.39 7644645.80 0.70 0.70 0.90 0.20 0.01
TKPT00104 579997.47 7645001.94 0.30 0.30 0.45 0.15 0.01
TKPT00136 579593.84 7644999.82 0.40 0.40 0.50 0.10 0.01
TKPT00222 579495.65 7644949.15 0.50 0.50 1.00 0.50 0.01
TKPT00221 579498.00 7644900.12 1.00 1.00 1.40 0.40 0.01
TKPT00496 578195.81 7643850.83 0.45 0.45 0.59 0.14 0.01
TKPT00497 578191.86 7643905.69 0.43 0.43 1.10 0.67 0.01
TKPT00199 579496.87 7643795.93 0.50 0.50 0.80 0.30 0.01
TKPT00249 579395.61 7644946.28 0.40 0.40 0.65 0.25 0.01
TKPT00441 578496.47 7643904.43 0.43 0.43 0.67 0.24 0.01
TKPT00501 578194.30 7644098.24 0.59 0.59 0.76 0.17 0.01
TKPT00516 578097.39 7643998.95 0.50 0.50 0.65 0.15 0.01
TKPT00044 579897.19 7644548.67 0.40 0.40 0.80 0.40 0.00
TKPT00245 579396.92 7644746.24 0.60 0.60 0.90 0.30 0.00
TKPT00440 578496.56 7643851.59 0.54 0.54 0.66 0.12 0.00

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