Exploration Recommences at High-Grade Suri Project Argentina
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ASX Announcement
Battery Age Minerals Ltd
ASX: BM8
ACN 085 905 997
batteryage.au
T: +61 (8) 6109 6689
E: info@batteryage.au
Level 50, 108 St Georges Terrace
Perth, WA 6000
PO Box 7310, Cloisters Square Po, WA 6850 1
Released 04 November 2026
Exploration Recommences at the High-
Grade Suri Gold-Cobalt-Copper Project,
Argentina
HIGHLIGHTS
• Exploration recommences at Suri: Battery Age Minerals Ltd (ASX: BM8) has
completed its first initial field program since 2021 at its 100%-owned Suri Gold-Cobalt-
Copper Project (previously King Tut Project) in La Rioja Province, Argentina. The
Project hosts a historic gold-cobalt mine, which occupies just 6 ha of the approximately
2,950 ha across three tenements.
• Mine concession confirmed in good standing: in September 2026 the La Rioja
General Mining Directorate confirmed the mine concession containing the historic gold-
cobalt mine in the name of the Company’s 100%-owned Argentine subsidiary.
• A high-grade gold-cobalt system that remains untested by drilling: Previous
exploration identified numerous quartz-sulphide veins and reported exceptional gold
and cobalt grades from rock chip sampling, including1
:
o 37.0 g/t Au, 1.40% Co and 1.22% Cu (sample 113).
o 27.8 g/t Au, 0.89% Co and 0.42% Cu (sample 161).
o 23.4 g/t Au, 0.57% Co and 0.24% Cu (sample 036)
o 9.5 g/t Au, 2.57% Co and 0.05% Cu (sample 043)
o 9.0 g/t Au, 2.41% Co and 0.06% Cu (sample 042)
• Initial fieldwork completed: The field team have examined the strike extensions and
widths of the high grade gold-cobalt mineralisation with 25 samples (rock chip, float,
stockpile and stream sediment) submitted for analysis.
• Provincial and municipal support: Company representatives met the La Rioja
Provincial Secretary of Mines and the Mayor of Vinchina. Both expressed support for
the Company’s exploration, and asked to be kept informed of planned work.
• A changed operating environment: La Rioja has brought mining under a dedicated
ministry, released a five-year Mining Development Plan (2026–2030) and reports
seven projects at the exploration stage.
• Next steps: Planned exploration includes detailed mapping and channel sampling of
the mine zone, along with stream sediment and satellite alteration mapping across the
approximately 2,950 ha project area. In parallel, environmental impact reports and
baseline studies will be progressed to support a future drilling application.
1
ASX announcement dated 25 January 2021, “High-Grade Gold & Cobalt Mineralisation Extended at King Tut”. 2
Prospectus
dated 31 August 2020, including the Independent Geologist’s Report. 3
Prospectus dated 7 December 2022. All available at
www.asx.com.au; see Previously Reported Information.
ASX Announcement
Released 04 November 2026 2
Battery Age Minerals Limited (ASX: BM8) (BM8 or the Company) is pleased to report that
it has recommenced field activities at its 100%-owned gold-cobalt-copper project in La Rioja
Province, Argentina, which the Company has renamed the Suri Gold-Cobalt-Copper Project
(Suri or the Project), formerly the King Tut Project.
An initial field visit has been completed whilst attending to site remediation activities as
requested by the department. The visit is the first step in a planned staged program to rebuild
the geological understanding of the Project, to put in place the environmental approvals and
build local relationships.
What Has Changed Since 2021
In early 2021 the Company (then called Pathfinder Resources Ltd) designed a diamond drilling
program at the Suri Project. The program did not proceed because the required drilling permit
approval was not obtained from the La Rioja provincial authorities. Movement restrictions
during the COVID-19 pandemic slowed provincial administrative processes, and the
environmental approval attached to the mine concession was subsequently annulled, an
appeal rejected, as disclosed in the Company’s Prospectus dated 7 December 2022. Given
the delays in obtaining approvals and the lack of clarity on timing, the Board decided to
prioritise the new projects acquired under that prospectus.
Four things have changed.
• Tenure confirmed. In September 2026 the La Rioja General Mining Directorate confirmed
the mine concession in good standing. The Company has since lodged the environmental
impact report for the concession, closed off and signposted the old workings as required,
and is preparing to lodge a exploration activation project within the six-month period
required under the Mining Code.
• Provincial policy. The La Rioja Provincial Government has reorganised its mining
administration under a ministry with responsibility for industry and mining and, in May 2026,
released a five-year Mining Development Plan for 2026–2030. The Province reports 18
projects at the prospecting stage and seven at the exploration stage, with more than 35,000
m of drilling and over US$40 million of direct investment projected for 2026, principally in
copper and gold. The provincial state company, Energía y Minerales Sociedad del Estado
(EMSE), has entered partnerships with private explorers.
• Direct engagement. In October 2026 Company representatives met the Provincial
Secretary of Mines in La Rioja city and the Mayor of Vinchina, the municipality in which the
Project is located. Both expressed support for the Company’s exploration goals, and asked
to be kept informed of planned work.
• A permits-first approach. The Company will lodge exploration-stage environmental
impact reports for all three properties and complete the environmental baseline studies
required to support a potential drilling application before drilling is proposed. Mapping and
channel sampling will proceed in parallel, so that the first drill holes are designed on current
structural data.
Regional Geology
Suri lies on the western flank of the Sierra de Famatina, part of the Famatinian belt of
Ordovician marine sedimentary and volcanic rocks that runs along the Argentine Andes.
Mineralisation at the mine consists of quartz-sulphide veins carrying gold with cobalt-bearing
arsenopyrite, cobaltite and native bismuth, hosted in Suri Formation turbidites close to mafic
and felsic intrusive rocks. The Argentine Geological Survey (SEGEMAR) classifies the
ASX Announcement
Released 04 November 2026 3
historical mine as a turbidite-hosted gold vein system. The Famatina Range has a mining
history dating from the 1890s, including the La Mejicana gold-copper district approximately 65
km south-east of the Project.
La Rioja adjoins San Juan Province, host to several of Argentina’s largest copper-gold
development projects. The Vicuña district in San Juan, which includes the Filo del Sol and
Josemaria copper-gold deposits, lies approximately 160 km west of Suri at a similar latitude,
and the Veladero gold mine approximately 225 km to the south-west.
The Suri Project - A High-Grade, Undrilled Gold-Cobalt Opportunity
Suri is located in the northern Famatina Range, in the Vinchina Department of La Rioja
Province, approximately 50 km north of the town of Vinchina (Figure 1). The Project comprises
the mine concession (File 168-L-1939, ~6 ha), which contains the historic gold-cobalt mine,
and the surrounding Diana II (~1,360 ha) and Guille (~1,587 ha) properties, together covering
approximately 2,950 ha (Figure 2)2,3
.
The Project is 100% owned by BM8 through its wholly owned Argentine subsidiary. Despite a
history of small-scale mining dating back more than a century, the Project has never been
tested by drilling, leaving the extent and continuity of gold-cobalt mineralisation below surface
largely unknown.
The historic mine is hosted within Ordovician metasediments of the Suri Formation (phyllites,
fine sandstones and siltstones), intruded by granitic dykes of the Ñuñorco Formation.
Previous exploration identified numerous quartz-sulphide veins associated with gold, cobalt
and copper mineralisation. Subsequent surface sampling returned exceptionally high grades
in selected rock-chip samples, including 37.0 g/t gold with 1.40% cobalt and 1.22% copper,
and 27.8 g/t gold with 0.89% cobalt and 0.42% copper1
.
Exploration has been concentrated around the historic mine, with much of the surrounding
project area yet to undergo systematic modern exploration.
BM8 sees an opportunity to build on this historical foundation by combining detailed geological
mapping, geochemical sampling and modern exploration techniques to investigate the controls
on mineralisation, assess the broader landholding and identify targets for future drilling.
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Released 04 November 2026 4
Figure 1: Regional location of the Suri Project in La Rioja Province, Argentina.
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Released 04 November 2026 5
Figure 2: Suri Project tenements (mine concession, Diana II and Guille) and location of the historic gold-cobalt
mine, La Rioja Province, Argentina (Gauss-Krüger POSGAR 94, Zone 2).
History and Previous Work
The historic gold-cobalt mine was worked briefly in 1901–1902 as a cobalt and copper mine,
examined by the national mining authority in 1951–1952 and 1972, and explored underground
in 1979–1980, when a crosscut and drive were completed on the lowest level under a national
mining promotion program. Mining was confined to small underground levels accessed by
adits, and no reliable production records survive.
Surface sampling in 2018 and a mapping and rock chip sampling program in late 2020 mapped
51 veins and reported 106 rock chip samples. Of these, 19 returned more than 1 g/t Au and
nine returned more than 5 g/t Au (Table 1)1
. The program defined vein-hosted mineralisation
in a stack of veins up to approximately 120 m wide over a strike length of approximately 200
m, open along strike1
and at depth.
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Table 1: Previously highlight reported rock chip results above 5 g/t Au, Suri Project (ASX
announcement dated 25 January 2021)
Sample Easting (m) Northing (m) Au (g/t) Ag (g/t) Co (%) Cu (%)
113 2604238 6858812 37.03 25.40 1.40 1.22
161 2604235 6858820 27.77 8.70 0.89 0.42
036 2604239 6858814 23.39 13.97 0.57 0.24
114 2604277 6858823 11.68 4.00 0.36 0.08
043 2604308 6858811 9.53 15.69 2.57 0.05
042 2604306 6858809 9.00 13.57 2.41 0.06
162 2604282 6858825 6.49 8.20 0.14 0.03
188 2604300 6858738 6.28 1.00 0.21 0.01
166 2604279 6858812 5.47 2.60 0.08 0.07
Notes: Coordinates are Gauss-Krüger POSGAR 94, Zone 2. Rock chip samples are selective by nature and are not necessarily
representative of the mineralisation as a whole. The full set of 106 results, including low values, is reported in the original
announcement, 25 January 2021.
The Company is not aware of any drilling been completed at the Project to date.
2026 Field Visit
The Company’s Argentina-based geology team mapped and sampled the area around the
historic mine workings to preliminary assess the strike extent and width of the known
mineralisation (Figure 3). A total of 25 samples were collected: 14 rock chip, 6 float, 2 stockpile
and 3 stream sediment samples (Appendix 1). Key observations include:
• Level 2 workings: a shear zone approximately 3.5 m wide is exposed at the upper
workings, hosting quartz veins with sulphide minerals and iron oxides.
• Western structure: approximately 60 m to the west of the main workings, a quartz
vein with sulphides was mapped at the location of the previously reported 37.0 g/t Au
and 1.40% Co result (rock chip sample 113)1
.
• Possible eastern extension: approximately 120 m east of the workings, loose blocks
of silicified and veined rock were sampled. The source is unknown however interpreted
to likely be in the upper portion of a tight drainage above the sample locations.
• Stream sediments: three orientation samples were collected in the El Salto Creek to
test the method ahead of a wider program across the Project.
Cautionary statement: the observations above are qualitative field descriptions. Visual
observations of sulphides are not a substitute for laboratory analysis, do not indicate grade,
and should not be relied upon. Assay results are pending and will be reported when received.
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Figure 3: Historic mine area, showing previously reported gold results in rock chip samples from 2018–20201,2
,
October 2026 sample locations (assays pending), mapped veins, interpreted faults and historic workings
(POSGAR 94, Zone 2). Gold contours are interpolated from selective rock chip samples and show the distribution
of anomalous gold only; they do not indicate continuity of mineralisation.
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Stakeholder Engagement
Company representatives met with the La Rioja Provincial Secretary of Mines in La Rioja city
and with the Mayor of Vinchina. Both expressed support for the Company’s exploration goals
and asked to be kept informed of planned work. The Company intends to maintain open
communication with the authorities and the local community, and to use local services and
labour wherever possible.
Planned Work Program
Further fieldwork is planned to commence shortly. The program is designed to include:
• Lodgement of exploration-stage environmental impact reports for the three properties,
and the environmental baseline studies required to support a potential drilling
application.
• Detailed geological and structural mapping of faults and veins across the approximately
12 ha mine zone, building on the 2020 mapping.
• Systematic channel sampling across mineralised structures and further rock chip
sampling of outcrops.
• Stream sediment sampling covering all drainage basins across the approximately
2,950 ha project area.
• Satellite image processing to identify alteration targets, with field follow-up.
Assay results from the 2026 samples are expected in late November to early December 2026.
Battery Age Minerals Chief Executive Officer, Sebastian Kneer, said:
“The Management is excited to be in a position to reignite exploration work at this prospective
area. Suri is a high-grade gold-cobalt system that was mined intermittently on a small scale
underground mine from the early 20th century and has yet to be tested by drilling. Surface
samples have run up to 37.0 g/t gold and 2.57% cobalt, the mineralisation is exposed in the
old workings and has been mapped along strike.
What makes Suri particularly interesting is the potential for a much larger mineralised system
beyond the historic mine, which occupies just 6 ha of a 2,950 ha project. With most of this
ground yet to be systematically explored, we see considerable scope to extend the known
mineralisation around the historic workings and identify additional mineralised structures
across the broader project area.
The timing is also favourable. La Rioja is taking a more active approach to encouraging
responsible mineral exploration, and our recent discussions with provincial and local
authorities have been positive.
We are planning to progress the Project with systematic sampling, detailed mapping and
modern geophysics to identify and prioritise targets, while advancing the environmental
baseline studies and approvals in parallel, keeping the Province and the local community
informed as we go.
Our initial fieldwork has provided valuable new information and samples for analysis. The prior
results have given us a compelling starting point. Our focus now is on establishing the potential
scale of the opportunity.”
ENDS
ASX Announcement
Released 04 November 2026 9
This announcement has been authorised for release by the Board of Directors of Battery Age
Minerals Limited.
For further information:
Sebastian Kneer, Chief Executive Officer,
Battery Age Minerals Limited E | info@batteryage.au · W | batteryage.au
About Battery Age Minerals Limited
Battery Age Minerals Limited (ASX: BM8) is a Perth-based exploration company with a portfolio spanning
gold and critical minerals across three continents: The Bleiberg zinc-lead-germanium project in Austria, the
Apex germanium-gallium project in Utah, the Falcon Lake lithium project in Canada, and the El Aguila gold-
silver and Suri gold-cobalt-copper projects in Argentina.
Competent Person’s Statement
The information in this announcement that relates to Exploration Results is based on, and fairly represents,
information and supporting documentation compiled and reviewed by Dr Simon Dorling, a Competent Person
who is a Member of the Australian Institute of Geoscientists (Member Number: 3101). Dr Dorling is a
consultant to the Company. Dr Dorling 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. Dr Simon Dorling consents to the inclusion in this announcement of the matters
based on this information in the form and context in which it appears.
Previously Reported Information
This report contains information on the Suri Project (previously called King Tut) extracted from an ASX market
announcement dated 30 October 2020, 25 January 2021 and 8 December 2022, released by the Company
and reported in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves” (JORC Code). The original market announcement is available
to view on www.batteryage.au and www.asx.com.au. Battery Age is not aware of any new information or data
that materially affects the information included in the original market announcement.
Forward-Looking Statements
Information included in this release constitutes forward-looking statements. Often, but not always, forward
looking statements can generally be identified by the use of forward looking words such as “may”, “will”,
“expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may
include, without limitation, statements regarding plans, strategies and objectives of management, anticipated
production or construction commencement dates and expected costs or production outputs. Forward looking
statements inherently involve known and unknown risks, uncertainties and other factors that may cause the
Company’s actual results, performance and achievements to differ materially from any future results,
performance or achievements. Relevant factors may include, but are not limited to, changes in commodity
prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for
production inputs, the speculative nature of exploration and project development, including the risks of
obtaining necessary licenses and permits and diminishing quantities or grades of reserves, political and social
risks, changes to the regulatory framework within which the company operates or may in the future operate,
environmental conditions including extreme weather conditions, recruitment and retention of personnel,
industrial relations issues and litigation. Forward looking statements are based on the Company and its
management’s good faith assumptions relating to the financial, market, regulatory and other relevant
environments that will exist and affect the Company’s business and operations in the future. The Company
does not give any assurance that the assumptions on which forward looking statements are based will prove
to be correct, or that the Company’s business or operations will not be affected in any material manner by
these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s
control. Although the Company attempts and has attempted to identify factors that would cause actual actions,
events or results to differ materially from those disclosed in forward looking statements, there may be other
factors that could cause actual results, performance, achievements or events not to be as anticipated,
estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly,
readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements
in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law
or any relevant stock exchange listing rules, in providing this information the company does not undertake
any obligation to publicly update or revise any of the forward-looking statements or to advise of any change
in events, conditions or circumstances on which any such statement is based.
ASX Announcement
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APPENDIX 1 – 2026 SAMPLE LOCATIONS
All samples collected during the October 2026 field visit by the Company’s Argentina-based geology team (October
2026). Coordinates are Gauss-Krüger POSGAR 94, Zone 2, from hand-held GPS (approximately ±5 m). Selective
samples are not representative of the full width of the structure sampled. Assay results are pending.
Sample Easting (m) Northing (m) Type
1 2604325 6858836 Rock chip
2 2604351 6858844 Rock chip
3 2604317 6858853 Float
4 2604317 6858849 Float
5 2604316 6858827 Rock chip
6 2604312 6858830 Rock chip
7 2604313 6858827 Rock chip
8 2604304 6858851 Rock chip
9 2604319 6858881 Stockpile grab
10 2604318 6858886 Stockpile grab
11 2604235 6858812 Rock chip
12 2604234 6858812 Rock chip
13 2604267 6858763 Rock chip
14 2604308 6858806 Rock chip
15 2604307 6858806 Rock chip
16 2604306 6858806 Rock chip
17 2604305 6858806 Rock chip
18 2604303 6858806 Rock chip
19 2604432 6858869 Float
20 2604435 6858869 Float
21 2604488 6858854 Float
22 2604478 6858883 Float
50 2604483 6858856 Stream sediment
51 2604443 6858913 Stream sediment
52 2604062 6858869 Stream sediment
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APPENDIX 2 – JORC CODE (2012) TABLE 1
This table is provided in accordance with ASX Listing Rule 5.7.1 and addresses each criterion in Sections 1 and 2 of Table 1 of the JORC Code (2012) in relation to the Exploration
Results referred to in this announcement. No new assay results are reported. Previously reported results are supported by the JORC Table 1 in the ASX announcement dated
25 January 2021 and Prospectus dated 7 December 2022.
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 (eg 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 (eg ‘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 (eg submarine nodules)
may warrant disclosure of detailed information.
• Reconnaissance samples were collected by hand by the Company’s Argentina-based
geology team in October 2026: 14 rock chip, 6 float, 2 stockpile grab and 3 stream
sediment samples (Appendix 1).
• Rock chip samples were taken from outcrop across mineralised structures and host rocks.
Samples 12, 14, 16 and 17 are selective and are not representative of the full width of the
structure sampled.
• Float samples are loose blocks of unknown source. Stockpile grab samples were taken
from historic mined material for comparison with historic results.
• Stream sediment samples are composites of active sediment from El Salto Creek, sieved in
the field to below about 3 mm, collected as orientation samples.
Drilling techniques • Drill type (eg core, reverse circulation, open-hole hammer, rotary air
blast, auger, Bangka, sonic, etc) and details (eg 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).
• No drilling has been completed at the Project.
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.
• Not applicable. No drilling has been completed.
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Criteria JORC Code explanation Commentary
• 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.
Logging • Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical studies.
• Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography.
• The total length and percentage of the relevant intersections logged.
• Each sample was described in the field (lithology, veining, alteration, sulphide and oxide
minerals, structure and sample width) and photographed.
• Structural measurements (azimuth/dip) were recorded where possible, supported by field
sketches and photos. Logging is qualitative.
Sub-sampling techniques
and sample preparation
• If core, whether cut or sawn and whether quarter, half or all core
taken.
• If non-core, whether riffled, tube sampled, rotary split, etc and whether
sampled wet or dry.
• For all sample types, the nature, quality and appropriateness of the
sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
• Measures taken to ensure that the sampling is representative of the in
situ material collected, including for instance results for field
duplicate/second-half sampling.
• Whether sample sizes are appropriate to the grain size of the material
being sampled.
• Stream sediment samples were sieved in the field to retain the fraction below about 3 mm.
No other sub-sampling was undertaken in the field.
• Sample weights are reported by the assay lab.
• There is no preparation required for chip, grab and select grab rock samples.
• Given the exploratory nature ther are no additional QAQC added to the rock and sediment
samples. ALS Chemex will add there standard QAQC procedures to check for quality
assurance and quality control.
• The sample size is appropriate for the grain size of the host rock and mineralization type.
Quality of assay data and
laboratory tests
• The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is considered
partial or total.
• For geophysical tools, spectrometers, handheld XRF instruments, etc,
the parameters used in determining the analysis including instrument
make and model, reading times, calibrations factors applied and their
derivation, etc.
• Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels
of accuracy (ie lack of bias) and precision have been established.
• No assay results are reported in this announcement.
• The rock and sediment samples will be analysed using ALS Chemex, an ISO/IEC
17025:2017 certified laboratory. QA/QC internal checks will be completed by the lab.
• PREP-31 for rocks, and PREP-41 for soils.
• Assay for the samples is rocks is via Me-MS61. A prepared sample (0.25 g) is digested
with perchloric, nitric, hydrofluoric, and hydrochloric acids. The residue is leached with
dilute hydrochloric acid and diluted to volume. The resulting solution is analysed by a
combination of inductively coupled plasma-atomic emission spectrometry (ICP-AES) and
inductively coupled plasma-mass spectrometry with results corrected for spectral or isotopic
interferences.
• For sediments ME-MS41, a multi-element geochemical analytical method involving aqua
regia digestion and ICP-MS/ICP-AES analysis. The method measures a broad suite of
ASX Announcement
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Criteria JORC Code explanation Commentary
elements, including cobalt, arsenic, copper, nickel, silver and other pathfinder elements.
Aqua regia digestion is a partial digestion and may not completely dissolve all minerals.
•
Verification of sampling and
assaying
• The verification of significant intersections by either independent or
alternative company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry procedures, data
verification, data storage (physical and electronic) protocols.
• Discuss any adjustment to assay data.
• Field data were recorded by the Company’s Argentina-based geology team. Data are
preliminary and have not yet been validated.
• No assay data are reported.
Location of data points • Accuracy and quality of surveys used to locate drill holes (collar and
down-hole surveys), trenches, mine workings and other locations used
in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.
• Sample locations were recorded by hand-held GPS (accuracy approximately ±5 m) in
Gauss-Krüger POSGAR 94, Zone 2 (EPSG:22182).
• Topographic control is not required at this reconnaissance stage.
Data spacing and distribution • Data spacing for reporting of Exploration Results.
• Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and
classifications applied.
• Whether sample compositing has been applied.
• Sampling is reconnaissance i
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