NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES
Perseus Mining Limited ("Perseus" or the "Company") (TSX:PRU)(ASX:PRU) is
pleased to provide details of high grade gold intercepts recorded during recent
drilling on the Bokitsi South Deposit at its Edikan Gold Mine (EGM) in Ghana,
West Africa. (Refer to Figure 1 - Location Map)
Highlights
BKRC070 - 13m at 5.7g/t Au from 75m including 5m at 12.5g/t Au from 77m
BKRC074 - 15m at 4.2g/t Au from 44m including 2m at 11.6g/t Au from 56m
BKRC077 - 9m at 6.8g/t Au from 53m including 2m at 12.1g/t Au from 55m
BKRC078 - 11m at 7.4g/t Au from 40m including 4m at 14.3g/t Au from 40m
BKRC079 - 10m at 6.7g/t Au from 66m including 3m at 12.3g/t Au from 71m
BKRC081 - 20m at 8.6g/t Au from 67m including 3m at 30.5g/t Au from 67m
and 4m at 11.4g/t Au from 79m
Bokitsi South is the first of a number of targets to be drill tested with the
aim of identifying high grade mineralisation that can be included in mill feed
for the EGM processing plant. The programme included 37 RC drill holes totalling
2,973 metres and to date results have been received for 15 of the 37 holes.
Three of the holes were diamond core tailed due to the presence of water, but
otherwise the predominantly RC drilling program was conducted with dry samples.
(Refer to Figure 2 for a plan of the Bokitsi South deposit and to Figure 3 for a
vertical longitudinal section.)
This drilling programme targeted areas containing Inferred Mineral Resources at
Bokitsi South, as well as testing the southern extent of the lode. When all
drill results from the programme are available, they will be incorporated into a
revised calculation of the Mineral Resources at Bokitsi South which will be
published early in the September 2014 Quarter. A maiden Mineral Reserve estimate
for the Bokitsi South deposit based on the updated Mineral Resource data is
expected to be released late in the September 2014 Quarter.
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Perseus Managing Director, Jeff Quartermaine's Comments
"The in-fill drill results achieved at Bokitsi South are very encouraging in
our quest to delineate high grade mineralisation to enhance the grade of
mill feed at our Edikan Gold Mine.
"While work remains to be completed to confirm the exact impact of the
recent results on delineating a Mineral Reserve at Bokitsi South, it would
be reasonable to assume that the impact will be positive and that a case
could be made for bringing forward the development of the Bokitsi South
deposit in our Life of Mine Plan. The fact that the mineralisation is
located within 5 kilometres of our processing plant at Edikan is an added
bonus."
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The Bokitsi sediment shear hosted mineralized zone extends along the western
flank of the Fetish deposit to 1.5 kilometres to the south. Mineralisation is
contained in a 5 to 25 metre wide shear zone in volcaniclastic sediments with
silica-sericite alteration, quartz veining and 1 to 3% pyrite plus arsenopyrite.
While the granite hosted deposits at Edikan tend to be wide and low grade, the
sediment shear hosted deposits are narrower with significantly higher grade.
Two discrete deposits have been delineated on the trend, including Bokitsi North
which is located immediately west of the Fetish deposit and Bokitsi South. Oxide
ore was mined from both deposits in the 1990s, with the Bokitsi South lode
exploited by Ashanti Goldfields.
Metallurgical test work conducted on the Bokitsi South gold mineralised material
indicates that it is amenable to processing through the EGM circuit at
marginally lower recoveries than the Edikan granite orebodies.
The drilling program on Bokitsi South has infill-drilled the principal sulphide
lode below the old oxide pit to a nominal 20m by 20m drill spacing and extended
the drill testing to the south in order to expand and upgrade the Mineral
Resource. Significant intercepts from all holes are listed in Table 1 of
Attachment 1.
To view "Figure 1. Location of the Bokitsi South Deposit", please visit the
following link:
http://media3.marketwire.com/docs/perseus_mining_limited_jun19_fig01.pdf
To view "Figure 2. Plan Map of the Bokitsi South Resource Infill Drilling",
please visit the following link:
http://media3.marketwire.com/docs/perseus_mining_limited_jun19_fig02.pdf
Competent Person Statement:
The information in this report and attachments 1 and 2 that relates to
exploration results is based on, and fairly represents, information and
supporting documentation prepared by Mr Kevin Thomson, a Competent Person who is
a Professional Geoscientist with the Association of Professional Geoscientists
of Ontario. Mr Thomson is an employee of a subsidiary of the Company. Mr Thomson
has sufficient experience, which 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'") and to qualify as a "Qualified Person" under National Instrument
43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr Thomson
consents to the inclusion in this report of the matters based on his information
in the form and context in which it appears. For a description of Perseus' data
verification process, quality assurance and quality control measures, the
effective date of the mineral resource and mineral reserve estimates contained
herein, details of the key assumptions, parameters and methods used to estimate
the mineral resources and reserves set out in this report and the extent to
which the estimate of mineral resources or mineral reserves set out herein may
be materially affected by any known environmental, permitting, legal, title,
taxation, socio-political, marketing or other relevant issues, readers are
directed to the technical report entitled "Technical Report - Central Ashanti
Gold Project, Ghana" dated May 30, 2011 and the technical report entitled
"Technical Report - Tengrela Gold Project, Cote d'Ivoire" dated December 22,
2010 in relation to the Edikan Gold Mine (formerly the Central Ashanti Gold
Project) and the Tengrela Gold Project respectively.
Caution Regarding Forward Looking Information: This report contains
forward-looking information which is based on the assumptions, estimates,
analysis and opinions of management made in light of its experience and its
perception of trends, current conditions and expected developments, as well as
other factors that management of the Company believes to be relevant and
reasonable in the circumstances at the date that such statements are made, but
which may prove to be incorrect. Assumptions have been made by the Company
regarding, among other things: the price of gold, continuing commercial
production at the Edikan Gold Mine without any major disruption, development of
a mine at Tengrela, the receipt of required governmental approvals, the accuracy
of capital and operating cost estimates, the ability of the Company to operate
in a safe, efficient and effective manner and the ability of the Company to
obtain financing as and when required and on reasonable terms. Readers are
cautioned that the foregoing list is not exhaustive of all factors and
assumptions which may have been used by the Company. Although management
believes that the assumptions made by the Company and the expectations
represented by such information are reasonable, there can be no assurance that
the forward-looking information will prove to be accurate. Forward-looking
information involves known and unknown risks, uncertainties, and other factors
which may cause the actual results, performance or achievements of the Company
to be materially different from any anticipated future results, performance or
achievements expressed or implied by such forward-looking information. Such
factors include, among others, the actual market price of gold, the actual
results of current exploration, the actual results of future exploration,
changes in project parameters as plans continue to be evaluated, as well as
those factors disclosed in the Company's publicly filed documents. The Company
believes that the assumptions and expectations reflected in the forward-looking
information are reasonable. Assumptions have been made regarding, among other
things, the Company's ability to carry on its exploration and development
activities, the timely receipt of required approvals, the price of gold, the
ability of the Company to operate in a safe, efficient and effective manner and
the ability of the Company to obtain financing as and when required and on
reasonable terms. Readers should not place undue reliance on forward-looking
information. Perseus does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
To view "Figure 3. Vertical Longitudinal Section of the Bokitsi South Deposit
with Recent Infill Drilling Highlighted", please visit the following link:
http://media3.marketwire.com/docs/perseus_mining_limited_jun19_fig03.pdf
ATTACHMENT 1 - EDIKAN DRILLING RESULTS
Table 1: Bokitsi South Resource Infill Drilling Results
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Hole East North RL Depth Azm. Incl. From To Width Au
(m) (m) (mASL) (m) (degrees) (degrees) (m) (m) (m) g/t
----------------------------------------------------------------------------
----------------------------------------------------------------------------
BKRC068 2,807 4,400 157 115 307 -50 97 104 7 3.6
----------------------------------------------------------------------------
BKRC069 2,800 4,380 155 105 307 -55 92 96 4 9.2
incl. 92 94 2 17.7
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BKRC070 2,786 4,340 156 95 307 -45 75 88 13 5.7
incl. 77 82 5 12.6
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BKRC071 2,803 4,300 159 110 307 -55 91 100 9 2.1
----------------------------------------------------------------------------
BKRC072 2,808 4,260 157 110 307 -55 83 94 11 4.4
incl. 83 85 2 9.1
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BKRC073 2,793 4,240 151 120 307 -50 56 82 26 1.6
92 94 2 2.9
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BKRC074 2,770 4,220 149 72 307 -45 44 59 15 4.2
incl. 47 50 3 7.4
and 56 58 2 11.6
----------------------------------------------------------------------------
BKRC075 2,781 4,220 149 84 307 -55 32 33 1 9.5
53 60 7 5.4
incl. 54 56 2 12.4
63 66 3 8.6
incl. 64 65 1 17.6
----------------------------------------------------------------------------
BKRC076 2,819 4,220 153 100 307 -55 90 97 7 6.4
incl. 91 94 3 12.8
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BKRC077 2,769 4,380 154 65 307 -45 53 62 9 6.8
incl. 55 57 2 12.1
----------------------------------------------------------------------------
BKRC078 2,759 4,400 155 60 307 -45 40 51 11 7.4
incl. 40 44 4 14.3
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BKRC079 2,775 4,320 157 90 307 -45 66 76 10 6.7
incl. 71 74 3 12.3
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BKRC080 2,774 4,280 154 120 307 -45 66 68 2 2.6
71 72 1 24.8
111 118 7 1.0
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BKRC081 2,783 4,260 153 110 307 -45 45 47 2 1.5
67 87 20 8.6
incl. 67 70 3 30.5
and 79 83 4 11.4
----------------------------------------------------------------------------
BKRC082 2,774 4,240 150 112 307 -45 55 56 1 6.9
59 66 7 5.8
incl. 63 65 2 10.0
80 84 4 1.0
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ATTACHMENT 2 - JORC CODE, 2012 Edition - Table 1
Section 1 Sampling Techniques and Data
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Criteria JORC Code Explanation Commentary
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Sampling - Nature and quality of - Reverse Circulation (RC)
techniques sampling (eg cut channels, drill holes (BKRC holes) were
random chips, or specific routinely sampled at 1m
specialised industry standard intervals down the hole. RC
measurement tools appropriate samples were collected at the
to the minerals under drill rig by riffle splitting
investigation, such as down drill spoils to collect a
hole gamma sondes, or handheld nominal 1-2 kg sub sample and
XRF instruments, etc). These composited into 2m samples for
examples should not be taken assay of unmineralised
as limiting the broad meaning hanging-wall material, and 1m
of sampling. samples were submitted for
assay of the mineralised
- Include reference to zones.
measures taken to ensure
sample representivity and the - Routine standard reference
appropriate calibration of any material, sample blanks, and
measurement tools or systems sample field duplicates were
used. inserted/collected at every
12th sample in the sample
- Aspects of the determination sequence on average in order
of mineralisation that are to gauge and ensure sample
Material to the Public Report. representivity and quality of
results from the laboratory.
- In cases where 'industry
standard' work has been done - All RC samples were
this would be relatively submitted to Intertek Minerals
simple (eg 'reverse Ghana in Tarkwa for
circulation drilling was used preparation and analysis for
to obtain 1 m samples from Gold by 50g Fire Assay with
which 3 kg was pulverised to AAS finish.
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.
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Drilling - Drill type (eg core, reverse - All RC holes were completed
techniques circulation, open-hole hammer, by reverse circulation (RC)
rotary air blast, auger, drilling techniques with a
Bangka, sonic, etc) and hole diameter of 5.5 inch and
details (eg core diameter, a face sampling down hole
triple or standard tube, depth hammer.
of diamond tails, face-
sampling bit or other type,
whether core is oriented and
if so, by what method, etc).
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Drill sample - Method of recording and - A qualitative estimate of
recovery assessing core and chip sample sample recovery was done for
recoveries and results each sample metre collected
assessed. from the drill rig.
- Measures taken to maximise - Riffle split samples were
sample recovery and ensure weighed to ensure consistency
representative nature of the of sample size and monitor
samples. sample recoveries.
- Whether a relationship - Drill sample recovery and
exists between sample recovery quality is considered to be
and grade and whether sample adequate for the drilling
bias may have occurred due to technique employed. Wet RC
preferential loss/gain of samples were not an issue as
fine/coarse material. the RC drill rig had
sufficient air pressure to
ensure dry samples.
----------------------------------------------------------------------------
Logging - Whether core and chip - All drill samples were
samples have been geologically geologically logged by Company
and geotechnically logged to a Geologists.
level of detail to support
appropriate Mineral Resource - Geological logging recorded
estimation, mining studies and rock types, visual estimates
metallurgical studies. of the abundance of quartz
fragments and sulphides plus
- Whether logging is the degree of weathering using
qualitative or quantitative in a standardized logging system.
nature. Core (or costean,
channel, etc) photography. - All (100%) of material
drilled via RC drilling
- The total length and methods was logged in detail
percentage of the relevant by Company geologists.
intersections logged.
- Small samples of drill
material were retained in chip
trays for future reference and
validation of geological
logging.
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Sub-sampling - If core, whether cut or sawn - All dry samples were riffle
techniques and whether quarter, half or split at the drill rig. Wet RC
and sample all core taken. samples were not encountered
preparation in this program. When chips
- If non-core, whether were showing signs of
riffled, tube sampled, rotary moisture, the drilling
split, etc and whether sampled switched to diamond core to
wet or dry. avoid wet chips in several
holes.
- For all sample types, the
nature, quality and - Routine field sample
appropriateness of the sample duplicates were taken to
preparation technique. evaluate representivity of
samples with the results
- Quality control procedures stored in the master drill
adopted for all sub-sampling database for reference.
stages to maximise
representivity of samples. - At the Intertek Minerals
Ghana laboratory, samples were
- Measures taken to ensure weighed, dried and crushed to
that the sampling is -2mm in a jaw crusher. A 1.5kg
representative of the in situ split of the crushed sample
material collected, including was subsequently pulverised in
for instance results for field a ring mill to achieve a
duplicate/second-half nominal particle size of 85%
sampling. passing 75um.
- Whether sample sizes are - Sample sizes and laboratory
appropriate to the grain size preparation techniques are
of the material being sampled. considered to be appropriate
for this stage of gold
exploration.
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Quality of - The nature, quality and - For the RC drill samples,
assay data and appropriateness of the analysis for Gold was
laboratory assaying and laboratory undertaken at the Intertek
tests procedures used and whether Minerals Ghana laboratory by
the technique is considered 50g Fire Assay with AAS finish
partial or total. to a lower detection limit of
0.01ppm. Fire assay is
- For geophysical tools, considered a total assay
spectrometers, handheld XRF technique.
instruments, etc, the
parameters used in determining - No geophysical tools or
the analysis including other non-assay instruments
instrument make and model, were used in the analyses
reading times, calibrations reported.
factors applied and their
derivation, etc. - Review of standard reference
material, sample blanks and
- Nature of quality control duplicates suggest there are
procedures adopted (eg no significant analytical bias
standards, blanks, duplicates, or preparation errors in the
external laboratory checks) reported analyses.
and whether acceptable levels
of accuracy (ie lack of bias) - Internal laboratory QAQC
and precision have been checks are reported by the
established. laboratory and routine review
of the laboratory QAQC
suggests the laboratory is
performing within acceptable
limits.
----------------------------------------------------------------------------
Verification - The verification of - Drill hole data is captured
of sampling significant intersections by by Company geologists at the
and assaying either independent or drill rig and manually entered
alternative company personnel. into a digital database.
- The use of twinned holes. - The digital data is verified
and validated by the Company's
- Documentation of primary database Manager before
data, data entry procedures, loading into a master drill
data verification, data hole database on a regularly
storage (physical and backed-up server.
electronic) protocols.
- Reported drill hole
- Discuss any adjustment to intercepts are compiled by the
assay data. Company's Group Exploration
Manager.
- Twin holes were not drilled
to verify results as it is
considered unnecessary at this
stage of drilling.
- There were no adjustments to
assay data.
----------------------------------------------------------------------------
Location of - Accuracy and quality of - Drill hole collars were set
data points surveys used to locate drill out in a local grid datum
holes (collar and down-hole using a Total Station, with a
surveys), trenches, mine number of well-established
workings and other locations survey bench marks for
used in Mineral Resource control.
estimation.
- Drill hole collars were
- Specification of the grid picked up after drilling with
system used. a Total Station and cross-
checked with a DGPS in UTM
- Quality and adequacy of WGS84 Zone 30N. The accuracy
topographic control. in lateral and vertical
directions is considered to be
within millimetres.
- Drill holes were surveyed
for down hole deviation using
a Reflex EZ-Shot tool, at 12m
and 30m depth, and every 30m
depth thereafter, plus at the
end-of-hole.
- Locational accuracy at
collar and down the drill hole
is considered appropriate for
this stage of drilling.
----------------------------------------------------------------------------
Data spacing - Data spacing for reporting - The drilling program was one
and of Exploration Results. of infill drilling for an
distribution eventual resource update.
- Whether the data spacing and Previous drilling was in-
distribution is sufficient to filled to a nominal spacing of
establish the degree of 20 meters X 20 meters in this
geological and grade program.
continuity appropriate for the
Mineral Resource and Ore - The reported drilling is
Reserve estimation sufficient to establish
procedure(s) and geological and grade
classifications applied. continuity and will be used
for a future resource update
- Whether sample compositing of the deposit.
has been applied.
- Sample compositing was
performed only in the sampled
hang-wall waste material with
2 X 1m sample composites,
however sample compositing was
not performed in the
mineralised zones and the
original 1 metre samples were
submitted for assay.
----------------------------------------------------------------------------
Orientation of - Whether the orientation of - In plan, drilling has been
data in sampling achieves unbiased performed approximately
relation to sampling of possible perpendicular to the strike of
geological structures and the extent to controlling structures and the
structure which this is known, mineralisation. In cross-
considering the deposit type. section, drill holes were
drilled at high angles to the
- If the relationship between dip of structures and
the drilling orientation and mineralisation.
the orientation of key
mineralised structures is - The drilling has largely
considered to have introduced been drilled at high angle to
a sampling bias, this should the mineralisation and a
be assessed and reported if sampling bias is not expected
material. to have been introduced.
----------------------------------------------------------------------------
Sample - The measures taken to ensure - Samples were stored in a
security sample security. fenced compound within the
Company's Edikan Mine Site
until being collected at site
by Intertek Minerals Ghana
vehicles and transported to
their laboratory in Tarkwa.
----------------------------------------------------------------------------
Audits or - The results of any audits or - The Company's sampling
reviews reviews of sampling techniques techniques employed in Ghana
and data. were last reviewed in a site
visit to the Edikan Gold Mine
by consultants Runge Limited
(now RungePincockMinarco
Limited) in October of 2010
and are deemed to be of
industry standard and
satisfactory.
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
----------------------------------------------------------------------------
Criteria JORC Code Explanation Commentary
----------------------------------------------------------------------------
Mineral - Type, reference name/number, - The reported results are
tenement and location and ownership from the Ayanfuri Mining
land tenure including agreements or Lease, permit ML1110/1994. The
status material issues with third Ayanfuri Mining Lease is
parties such as joint located in the Central Region
ventures, partnerships, of Ghana and is owned by
overriding royalties, native Perseus Mining (Ghana)
title interests, historical Limited, a 90% owned
sites, wilderness or national subsidiary of Perseus Mining
park and environmental Limited, with the remaining
settings. 10% owned by the Government of
Ghana. A production royalty of
- The security of the tenure 5% is due to the government of
held at the time of reporting Ghana and royalties totalling
along with any known 1.75% are due to other
impediments to obtaining a parties.
licence to operate in the
area. - The Ayanfuri Mining Lease is
in good standing, valid
through to 30 December 2024.
----------------------------------------------------------------------------
Exploration - Acknowledgment and appraisal - Historical exploration and
done by other of exploration by other mining was conducted on the
parties parties. property from the early 1990s
up to 2001 by Cluff Mining
(Ghana) Ltd and Ashanti
Goldfields Corp.
- The past exploration was
successful and resulted in
multiple discoveries leading
to mining.
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Geology - Deposit type, geological - The Ayanfuri Mining Lease is
setting and style of situated within the Paleo-
mineralisation. Proterozoic Birimian of
Southern Ghana, being located
in the Kumasi Basin
sedimentary group
approximately 5 to 8
kilometres west of the Ashanti
Greenstone Belt.
- The subject of this drilling
program was the South Bokitsi
Extension deposit, which is a
sedimentary shear-hosted
Orogenic gold deposit. Host
rocks consist of mainly
volcaniclastic and epiclastic
meta-sediments and gold
mineralisation is situated in
a silica-sericite altered
shear zone with quartz veining
plus up to 3% disseminated
pyrite and arsenopyrite.
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Drill hole - A summary of all information - Reported results are
Information material to the understanding summarised in Table 1 within
of the exploration results the attached announcement.
including a tabulation of the
following information for all - The drill holes reported in
Material drill holes: this announcement have the
following parameters:
-- easting and northing of the
drill hole collar -- All drill holes have been
reported for which results
-- elevation or RL (Reduced have been received.
Level - elevation above sea
level in metres) of the drill -- Grid co-ordinates are a
hole collar local mine grid with the
baseline oriented at 38 deg.
-- dip and azimuth of the hole east of true north.
-- down hole length and -- Collar elevation is defined
interception depth as height above sea level in
metres (RL) and has been
-- hole length determined with a DGPS.
- If the exclusion of this -- Dip is the inclination of
information is justified on the hole from the horizontal.
the basis that the information Azimuth is reported relative
is not Material and this to the local grid as the
exclusion does not detract direction toward which the
from the understanding of the hole is drilled.
report, the Competent Person
should clearly explain why -- Down hole length of the
this is the case. hole is the distance from the
surface to the end of the
hole, as measured along the
drill trace
-- Intersection depth is the
distance down the hole as
measured along the drill
trace.
-- Intersection width is the
down hole distance of an
intersection as measured along
the drill trace
-- Hole length is the distance
from the surface to the end of
the hole, as measured along
the drill trace.
- Previously reported drilling
results have not been repeated
in this announcement.
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Data - In reporting Exploration - Drill hole intercepts are
aggregation Results, weighting averaging reported from 1m metre down
methods techniques, maximum and/or hole samples.
minimum grade truncations (eg
cutting of high grades) and - A minimum cut-off grade of
cut-off grades are usually 0.5 g/t Au is applied to the
Material and should be stated. reported intervals.
- Where aggregate intercepts - Maximum internal dilution is
incorporate short lengths of 2m within a reported interval.
high grade results and longer
lengths of low grade results, - No grade top cut-off has
the procedure used for such been applied.
aggregation should be stated
and some typical examples of - No metal equivalent
such aggregations should be reporting is used or applied.
shown in detail.
- The assumptions used for any
reporting of metal equivalent
values should be clearly
stated.
----------------------------------------------------------------------------
Relationship - These relationships are - Previous drilling has well
between particularly important in the established the geometry and
mineralisation reporting of Exploration orientation of the
widths and Results. mineralisation being drilled
intercept in this program, and drilling
lengths - If the geometry of the has been planned to be nearly
mineralisation with respect to perpendicular to the strike
the drill hole angle is known, and dip of the mineralisation.
its nature should be reported.
- The mineralised zone dips on
- If it is not known and only average 50 deg to the
the down hole lengths are southeast, and drilling was
reported, there should be a inclined at -50 to -45 to the
clear statement to this effect northwest. True thicknesses of
(eg 'down hole length, true drill intercepts ranges
width not known'). between approximately 88% and
100% of the down-hole length.
- Results are reported as down
hole length.
----------------------------------------------------------------------------
Diagrams - Appropriate maps and - Figure 1 is a general
sections (with scales) and location map of the Bokitsi
tabulations of intercepts South deposit, relative to
should be included for any other deposits at the Edikan
significant discovery being Gold Mine.
reported These should include,
but not be limited to a plan - Figure 2 is a plan map of
view of drill hole collar previous and recent drill hole
locations and appropriate collars at Bokitsi South.
sectional views.
- Figure 3 is a vertical
Longitudinal Section of the
Bokitsi South deposit
highlighting recent infill
drilling with intercepts
greater than 50 gramsXmeters
annotated.
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Balanced - Where comprehensive - All drill holes drilled in
reporting reporting of all Exploration this program are shown in
Results is not practicable, Figure 2 (Drill Plan) and all
representative reporting of holes for which assays have
both low and high grades been received are shown in
and/or widths should be Figure 3 (Vertical
practiced to avoid misleading Longitudinal Section).
reporting of Exploration
Results.
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Other - Other exploration data, if - There is no other
substantive meaningful and material, exploration data which is
exploration should be reported including considered material to the
data (but not limited to): results reported in this
geological observations; announcement.
geophysical survey results;
geochemical survey results;
bulk samples - size and method
of treatment; metallurgical
test results; bulk density,
groundwater, geotechnical and
rock characteristics;
potential deleterious or
contaminating substances.
----------------------------------------------------------------------------
Further work - The nature and scale of - Further drilling on the
planned further work (eg tests Bokitsi South deposit might be
for lateral extensions or conducted, if warranted,
depth extensions or large- depending on the results of
scale step-out drilling). the remaining drill holes
still pending assays.
- Diagrams clearly
highlighting the areas of - Once all assays have been
possible extensions, including received, an update to the
the main geological Bokitsi South deposit resource
interpretations and future is planned.
drilling areas, provided this
information is not
commercially sensitive.
----------------------------------------------------------------------------
FOR FURTHER INFORMATION PLEASE CONTACT:
To discuss any aspect of this announcement, please contact:
Perseus Mining Limited
Managing Director:
Jeff Quartermaine
+61 8 6144 1700
jeff.quartermaine@perseusmining.com (Perth)
Perseus Mining Limited
Investor Relations:
Nathan Ryan
+61 4 20 582 887
nathan.ryan@nwrcommunications.com.au (Melbourne)
Perseus Mining (TSX:PRU)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Perseus Mining (TSX:PRU)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
