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ORION MINERALS LIMITED - Okiep Confirmation Drilling Successfully Completed

Release Date: 03/09/2024 09:14
Code(s): ORN     PDF:  
Wrap Text
Okiep Confirmation Drilling Successfully Completed

Orion Minerals Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 098 939 274
ASX share code: ORN
JSE share code: ORN
ISIN: AU000000ORN1

Okiep Confirmation Drilling Successfully Completed
Results confirm high quality of large historical drilling database inherited from Newmont and Goldfields


- Assay results received for confirmation diamond drill holes completed at Flat Mine North and the last
  two confirmation diamond drillholes completed at Flat Mine South, with highlights including:
  o   Drill hole OFMSD079 intersected 14.80m at 2.58% Cu within 25.00m at 1.92% Cu.
  o   Drill hole OFMND243 intersected 36.30m at 1.11% Cu.

- Both Flat Mine North and Flat Mine South will form a key part of Orion's early production plan for the
  Okiep Copper Project.

- The intersections achieved to date support geological and grade distribution interpretations that were
  incorporated in the Mineral Resource estimation for the Okiep Copper Project.

- Drilling is continuing at Flat Mine South to test the down-dip extension of high-grade mineralisation in
  a previously untested area.

- Confirmatory drilling has been completed at Flat Mine (Nababeep), where an Inferred Mineral
  Resource of 1Mt at 1.4% Cu was reported in March 2021. Latest assays include:
  o   Drill hole OFMD164 intersected 20.69m at 1.82% Cu within 45.69m at 1.26% Cu.
  o   Drill hole OFMD167 intersected 7.80m at 5.08% Cu.
  o   Drill hole OFMD169 intersected 21.00 at 1.83% Cu

- The completion of the confirmation drilling program within the Flat Mines Area represents an important
  final input for the completion of the Bankable Feasibility Study (BFS) for the Okiep early production plan,
  with this study on-track for delivery in the coming weeks.

Orion's Managing Director and CEO, Errol Smart, commented:

"The drilling program that we have now completed confirms our best expectations regarding the quality and
reliability of the historical drilling data from the Okiep Copper Project (OCP). Previous owners Newmont and
Goldfields – who milled more than 77 million tonnes of high-quality sulphide copper ore from our current
prospecting and mining rights – were reliant on the high-quality work undertaken by their highly acclaimed
geology department and laboratories. In its time, the Okiep laboratory was the go-to laboratory for assay
checking and quality control for the entire Southern African region. The geology department included several
well respected and highly rated geoscientists who were leaders in their field of expertise at that time.

"While this specific drill program was performed to provide absolute assurance to our external technical experts,
we were always certain of the quality of the data that we purchased in 2021. We have already digitised 625,000m
of downhole data from 5,026 drill holes that intersected dozens of mineralised bodies within the Mining and
Prospecting Right areas we have secured.

"Importantly, now that the Flat Mines Project is fully permitted for mining and that we have secured all the
surrounding prospecting rights, this high-quality drilling data is expected to provide a pathway for Orion to fast
track the expansion of the initial production profile and mine life outlined in our initial BFS, which is now just weeks
away from completion.

"We are tremendously excited about the future of the OCP, which is proving itself to be a world-class, build-
ready copper mine."

Orion Minerals Limited (ASX/JSE: ORN) (Orion or Company) is pleased to report final assay results from the
confirmation diamond drilling program in the Flat Mines Area at its Okiep Copper Project (OCP) in the Northern
Cape, South Africa.

The latest results add further momentum to Orion's development strategy for the OCP, building on the initial
results reported on 22 April 2024, 24 June 2024 and 9 July 2024 including intersections of 49.35m @ 5.05% Cu (refer
ASX/JSE release 24 June 2024) at Flat Mine East (FME) and 20.50m at 4.99% Cu (refer ASX/JSE release 9 July 2024)
at Flat Mine South (FMS) among several other high-grade intersections confirming the geology and endowment
of the Flat Mines Area.

The OCP ground holdings of 703km² cover most of the copper mining district where a total of 105Mt is reported
to have been mined over the past 100 years (refer ASX/JSE release 21 May 2021). Of the 105Mt mined, some
77Mt was mined on OCP prospecting and mining rights. The Flat Mines Area and the current drilling program fall
entirely within executed Mining Right NC10150MR. The Mining Right is surrounded by the newly granted
prospecting rights, NC12755PR and NC12848PR (refer ASX/JSE release 13 August 2024), which host several
exciting historically drilled prospects and historical mines that offer the potential for additional Mineral Resources
through future drilling.

Results received and reported in this announcement include the last of the 11 confirmation holes at Flat Mine
North (FMN), FME and FMS. The assay results have confirmed historical information from drilling by Newmont and
Goldfields of South Africa (GFSA) in the 1980's and 1990's, which underpinned Orion's updated Mineral Resource
for the Flat Mines deposits (announced on 28 August 2023) of 9.3Mt at 1.3% Cu (Table 1)1.

                 Table 1: Mineral Resource Statement for the Flat Mine North, Flat Mine East and Flat Mine South.

                                      Measured                       Indicated                         Inferred
        Mine / Prospect
                             Tonnes     % Cu      t Cu     Tonnes        % Cu     t Cu      Tonnes       % Cu        t Cu

        Flat Mine North      440,000     1.13    5,000    940,000        1.42    13,000     200,000        1.5      4,000

        Flat Mine East           -        -        -     3,400,000       1.37    47,000    1,000,000       1.0      9,000

        Flat Mine South          -        -        -     2,600,000       1.35    35,000     800,000        1.6      13,000

        Total*               440,000     1.13    5,000   6,900,000       1.37    95,000    2,000,000       1.3      26,000

*Numbers may not add up due to rounding in accordance with the JORC Code guidance.
Resources are reported at a 0.7% Cu cut-off grade.

Flat Mines Confirmatory Drilling Program

A diamond drilling program commenced in the Flat Mines Area of the OCP in February 2024. A total of 11
diamond core drill holes were drilled at FME, FMS and FMN comprising a total of approximately 5,800m. This total
includes a non-directional deflection for each hole drilled to obtain samples for metallurgical test work.

The program was designed to confirm historical drilling information and resultant interpretations, provide
geotechnical information and deliver additional material for confirmatory metallurgical test work for the FMN,

1 Mineral Resource reported in accordance with the JORC Code (2012) in ASX release of 28 August 2023: "Orion upgrades
Mineral Resources at Okiep Copper Project" available to the public on http://www.orionminerals.com.au/investors/asx-
jseannouncements/. Competent Person Mineral Resource: Mr Sean Duggan. Orion confirms it is not aware of any new
information or data that materially affects the information included above. The Company confirms that all material
assumptions and technical parameters underpinning the estimates in the original release continue to apply and have not
materially changed. Orion confirms that the form and context in which the Competent Person's findings are presented have
not been materially modified.
                                                                                                                             2
FME and FMS blocks included in the initial BFS mine schedule. The program (Figure 1) was specifically designed
to optimally cover the areas that contribute most significantly to the overall estimated Indicated Mineral
Resource.

Assay results from OFMND242 and OFMND243 completed at FMN and OFMSD078 and OFMSD079 at FMS are
summarised in Table 2, with complete results from the intersections included in Appendix 1.

Drill hole OFMND242 intersected 14.00m at 2.70% Cu from 213.00m (Table 2). Historical hole FMN215 intersected
10.20m at 2.31% Cu from 226.60m and 11.70m at 1.89% Cu from 241.80m, approximately 11m away from the
OFMND242 intersection. Historical hole FMN217 intersected 22.10m at 1.91% Cu from 234.40m, approximately
14m away from the OFMND242 intersection.

Drill hole OFMND243 intersected 36.30m at 1.11% Cu from 234.00m (Table 2). Historical hole FMN207 intersected
24.40m at 1.45% Cu from 255.30m, approximately 25m away from the OFMND243 intersection.

Drill hole OFMSD079 intersected 7.00m at 2.32% Cu from 501.00m and 14.80m at 2.58% Cu from 571.00m (Table
2). Historical hole FMS047 intersected 17.00m at 1.60% Cu from 514.20m and 16.39m at 2.19% Cu from 568.77m,
approximately 16m away from the OFMSD079 intersection.

Internal waste rock widths up to 3m are included within the reported intersection widths, providing opportunities
for upgrading of material through modern XRF ore sorting techniques to reject internal waste before milling.
This provides the potential for optimised metal extraction with larger stopes operated at lower mining cost, while
limiting concentrator capital and operating costs.

With the confirmation drilling program now complete, geological and mineralisation envelope interpretations
will be reviewed and adjusted where necessary, followed by an update of the Mineral Resource estimate
including the new information. New geotechnical information will be used for input to mine design.

Assay results for the 11 Orion confirmation drill holes have been independently reviewed by Z Star Mineral
Resource Consultants (Z*) and, on analysis, Z* concluded that the addition of the Orion confirmation drill holes
at FME, FMN and FMS would not result in a material change to the Mineral Resource estimate. Z* also concluded
that the Orion drill holes further support the inclusion of the historical Newmont and GFSA drill hole data in the
Mineral Resource estimates for FME, FMN and FMS (refer ASX/JSE release 28 August 2023). Almost all other drilling
at the various prospects within Orion's OCP Project was carried out by Newmont and GFSA in a similar time
period to the drilling at FME, FMN and FMS.

Planned metallurgical test work includes XRF sorting, comminution, flotation optimisation and tailings
characterisation. Detailed geotechnical assessment is also undertaken on all intersections.
                                                                                                                
Figure 1: Plan showing historical and Orion drill holes, interpreted mineralisation envelopes and extent of the Mining Right.

Assay Results – FMN and FMS confirmation drilling
Results received for FMN and FMS are summarised in Table 2 below.

Table 2: Summary table of drill results to date for FMN and FMS prospect (minimum cut-off of 0.7% Cu with maximum 3m
consecutive internal waste allowed). Intersections and inclusions with grades mostly above 1% Cu are tabulated. The data
was not capped. Note: widths are downhole drill widths.

                                                                 Mineralisation
                     Hole ID
                                       Notes       From (m)        To (m)       Interval (m)      % Cu
                     OFMND242                        213.00       227.00            14.00         2.70
                                                     234.00       270.30            36.30         1.11
                     OFMND243
                                     including       234.60       257.66            23.06         1.23
                                                     330.00       336.00             6.00         0.93
                                                     388.00       391.00             3.00         0.82
                     OFMSD078
                                                     425.00       428.00             3.00         1.06
                                                     432.00       435.00             3.00         0.84
                                                     501.00       508.00             7.00         2.32
                                                     515.00       520.00             5.00         1.00
                     OFMSD079
                                                     571.00       585.80            14.80         2.58
                                                     592.00       596.00             4.00         2.45
                                                                                                                                 
Table 3: Comparison of % Cu grades and downhole widths for OFMND242, OFMND243, OFMSD078, OFMSD079 and nearest
neighbour historical Newmont and Goldfields drilled holes FMN215, FMN217, FMN207, and FMS047 (minimum cut-off of 0.7%
Cu with maximum 3m consecutive internal waste allowed). Intersections and inclusions with grades mostly above 1% Cu
are tabulated. The data was not capped. Note: widths are downhole drill widths.


                       Orion Hole                                            Historical Hole                    Intersection
                                                                                                                 Separation
                From                Intersection    %               From                  Intersection   %        Distance
   Hole ID                To (m)                          Hole ID               To (m)
                 (m)                 Width (m)     Cu                (m)                   Width (m)     Cu         (m) 
                                                                    226.60      236.80         10.20     2.31
                                                          FMN215                                                    11
 OFMND242      213.00     227.00       14.00       2.70             241.80      253.50         11.70     1.89
                                                          FMN217    234.40      256.50         22.10     1.91       14
 OFMND243      234.00     270.30       36.30       1.11   FMN207    255.30      279.70         24.40     1.45       25
               501.00     508.00        7.00       2.32
               515.00     520.00        5.00       1.00             514.20      531.20         17.00     1.60
 OFMSD079                                                 FMS047                                                    16
               571.00     585.80       14.80       2.58             553.80      558.80          5.00     1.80
               592.00     596.00        4.00       2.45             568.77      585.16         16.39     2.19

Flat Mines Exploration and Resource Upgrade Drilling Program

Three of the five drilling rigs have been retained on site for a program aimed at upgrading the classification of
Mineral Resource blocks that are not yet included in the mine plan and to test for extensions of high-grade
mineralisation beyond the margins of the current Mineral Resource.

At FMS, historical GFSA holes and Orion holes OFMSD077 (refer ASX/JSE release 9 July 2024) and OFMSD079
indicate that high-grade mineralisation remains open down-dip for up to 200m within an untested area
encompassing a strike length of 300m (Figures 2 and 3). Historical intersections indicating a thick mineralised zone
that remains untested down-dip (Figures 2 and 3) include the following:

   •   24.45m (16m TW) from 588.98m at 3.06% Cu within a broader zone of 38.98m (25m TW) at 2.16% Cu from
       574.45m in FMS053D1;

   •   15.74m (8m TW) from 580.62m at 4.86% Cu within a broader zone of 18.74m (10m TW) at 4.29% Cu from
       578.55m in FMS048; and

   •   10.24m (5m TW) from 568.77m at 2.81% Cu within a broader zone of 70.96m (34m TW) at 1.21% Cu from
       514.20m in FMS047.

Holes OFMSD080 and OFMSD081 are currently in progress targeting this area, with further holes planned pending
interpretation of assay results. Hole OFMSD080 has already intersected broad zones of well mineralised intrusive
at the anticipated depth of 532m to 592m, confirming down-dip extension of a wide, well mineralised mafic
body. Assay results for this intersection are awaited.
                                                                                                                               
Figure 2: Plan and Cross section of FMS down-dip drilling target.
                                                                    
Figure 3: Long section of FMS down-dip drilling target.

Drilling of seven confirmatory holes has been completed at Flat Mine Nababeep (FMNb), where an Inferred
Mineral Resource of 1Mt at 1.4% Cu was previously reported (refer ASX/JSE release 29 March 2021). Original drilling
over the main zone of mineralisation was carried out by the Cape Copper Company in the 1940's with 141Kt
reported as being subsequently mined in the 1950's (refer ASX/JSE release 29 March 2021).
Orion drilling results (Table 4) at FMNb confirm shallow mineralisation over significant widths and include the
following:

   •   Drill hole OFMD164 intersected 20.69m at 1.82% Cu from 8.31m within a broader zone of elevated copper
       mineralisation of 45.69m at 1.26% Cu.

   •   Drill hole OFMD165 intersected 22.91m at 0.91% Cu from 3.09m.

   •   Drill hole OFMD167 intersected 7.80m at 5.08% Cu from 121.20m.

   •   Drill hole OFMD169 intersected 21.00m at 1.83% Cu from 16.00m.

Table 4: Summary table of drill results to date for FMNb prospect (minimum cut-off of 0.7% Cu with maximum 3m internal
waste allowed). Intersections and inclusions with grades mostly above 1% Cu are tabulated. The data was not capped.
Note: widths are drill widths.

                                                            Mineralisation
                          Hole ID
                                        Notes      From (m)     To (m)     Interval (m)    % Cu
                                                      34.00      38.00          4.00       1.40
                         OFMD163
                                                      42.00      44.00          2.00       1.54
                                                       8.31      29.00         20.69       1.82
                         OFMD164                      33.00      38.00          5.00       1.37
                                                      46.00      54.00          8.00       1.42
                                                       3.09      26.00         22.91       0.91
                         OFMD165       including       3.09      15.00         11.91       1.12
                                       including      18.00      26.00          8.00       0.88
                         OFMD166                      12.70      18.70          6.00       1.22
                         OFMD167                     121.20     129.00          7.80       5.08
                         OFMD168                      45.93      54.45          8.52       1.06
                                                      16.00      37.00         21.00       1.83
                         OFMD169
                                       including      17.00      30.00         13.00       2.33
                                                                                                                          
Outcropping exposure and drill intersections indicate that FMNb is likely to have a high internal waste content.
This style of mineralisation is most suitable for bulk extraction with the application of ore sorting to remove the
granitic waste before milling the higher-grade mafic intrusive rock fraction.

Geophysical orientation surveys, including magnetics, gravity and electrical methods, are currently being
conducted over the deposits in the Flat Mines Area along with ground geophysical surveys to confirm drill targets.
Areas to be covered include historical ground geophysical anomalies and anomalies generated from the 2021
SkyTEM™ survey that have been prioritised on current geological understanding (refer ASX/JSE release 1
September 2021).


For and on behalf of the Board.


Errol Smart
Managing Director and CEO


3 September 2024


ENQUIRIES

Investors                                    Media                                    JSE Sponsor
Errol Smart – Managing Director & CEO        Nicholas Read                            Monique Martinez
Denis Waddell – Chairman                     Read Corporate, Australia                Merchantec Capital
T: +61 (0) 3 8080 7170                       T: +61 (0) 419 929 046                   T: +27 (0) 11 325 6363
E: info@orionminerals.com.au                 E: nicholas@readcorporate.com.au         E: monique.martinez@merchantec.com

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Paul Matthews
(Pr.Sci.Nat.), a Competent Person who is a member of the South African Council for Natural Scientific Professionals, a
Recognised Professional Organisation (RPO). Mr Matthews is a full-time employee of Orion. Mr Matthews 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 JORC Code. Mr Matthews consents to the
inclusion in this announcement of the matters based on his information in the form and context in which it appears.


Reference to Previous Report

Exploration results from drilling at Flat Mines Area were reported in ASX/JSE releases of 22 April 2024: "Spectacular High-Grade
Copper Intercept at Okiep Project" 24 June 2024: "More Outstanding Hits at Okiep Copper Project" and 9 July 2024: "Okiep
Copper Project Continues to Deliver", available to the public on http://www.orionminerals.com.au/investors/asx-jse-
announcements/. Competent Person: Mr Paul Matthews. Orion confirms that it is not aware of any new information or data
that materially affects the information included in the original market announcement. Orion confirms that the form and
context in which the Competent Person's findings are presented have not been materially modified from the original market
announcement.

FMN, FME and FMS Mineral Resources were reported in ASX/JSE release dated 28 August 2023: "Orion upgrades Mineral
Resources at Okiep Copper Project" available to the public on http://www.orionminerals.com.au/investors/asx-
jseannouncements/. Competent Person Mineral Resource: Mr Sean Duggan. Orion confirms it is not aware of any new
information or data that materially affects the information included in the original market announcement. The Company
confirms that all material assumptions and technical parameters underpinning the estimates in the original market
announcement continue to apply and have not materially changed. Orion confirms that the form and context in which the
Competent Person's findings are presented have not been materially modified.

Flat Mine Nababeep Inferred Mineral Resource was reported in ASX/JSE release dated 29 March 2021: "Orion further expands
Mineral Resources at the Okiep Copper Project, Flat Mines Area" available to the public on
http://www.orionminerals.com.au/investors/asx-jseannouncements/. Competent Person Mineral Resource: Dr Deon
Vermaakt. Orion confirms it is not aware of any new information or data that materially affects the Nababeep Inferred Mineral
Resource included in the original market announcement. The Company confirms that all material assumptions and technical
parameters underpinning the Nababeep Inferred Mineral Resource estimate in the original market announcement continue
to apply and have not materially changed. Orion confirms that the form and context in which the Competent Person's
findings are presented have not been materially modified.
                                                                                                                              
Disclaimer

This release may include forward-looking statements. Such forward-looking statements may include, among other things,
statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and
results, capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates, and are or
may be based on assumptions and estimates related to future technical, economic, market, political, social and other
conditions. These forward-looking statements are based on management's expectations and beliefs concerning future
events. Forward-looking statements inherently involve subjective judgement and analysis and are necessarily subject to risks,
uncertainties and other factors, many of which are outside the control of Orion. Actual results and developments may vary
materially from those expressed in this release. Given these uncertainties, readers are cautioned not to place undue reliance
on such forward-looking statements. Orion makes no undertaking to subsequently update or revise the forward-looking
statements made in this release to reflect events or circumstances after the date of this release. All information in respect of
Exploration Results and other technical information should be read in conjunction with Competent Person Statements in this
release (where applicable). To the maximum extent permitted by law, Orion and any of its related bodies corporate and
affiliates and their officers, employees, agents, associates and advisers:
•    disclaim any obligations or undertaking to release any updates or revisions to the information to reflect any change in
     expectations or assumptions;
•    do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the
     information in this release, or likelihood of fulfilment of any forward-looking statement or any event or results expressed
     or implied in any forward-looking statement; and
•    disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for
     negligence).
                                                                                                                               
Appendix 1: Drill hole collar information and assay results from drill program at Flat Mine North and Flat Mine
South
     Table 5: Drill hole collar information for FMN and FMS prospects. Coordinates in WGS84 Hartebeesthoek 94 LO17.

      Hole ID                  Easting             Northing            RL            Azimuth        Dip       Depth (m)
     OFMND242                 76100.80           -3268028.80         840.61             0           -82        259.95
     OFMND243                 76006.02           -3268080.78         833.84            350          -74        301.48
     OFMSD078                 75259.05           -3270992.51         767.60            167          -59        505.36
     OFMSD079                 75259.05           -3270992.51         767.60            167          -68        619.24
     OFMD163                  75416.10           -3270491.14         751.87            183          -59         65.00
     OFMD164                  75357.85           -3270472.77         754.42            179          -60         76.27
     OFMD165                  75454.42           -3270496.83         750.46            179          -59         70.44
     OFMD166                  75455.12           -3270485.53         751.65            182          -59         37.15
     OFMD167                  75435.25           -3270415.66         755.13            182          -59        133.18
     OFMD168                  75350.53           -3270534.95         750.61             7           -59        105.06
     OFMD169                  75289.90           -3270462.67         751.08            185          -60         85.44

                                            Table 6: OFMND242 drill assay results.

  Hole ID         From (m)       To (m)         % Cu                 Hole ID          From (m)     To (m)       % Cu
 OFMND242          202.00        203.00        0.0374               OFMND242           216.00      216.54      1.0350
 OFMND242          203.00        203.80        0.0378               OFMND242           216.54      217.12      4.9500
 OFMND242          203.80        204.03        2.6200               OFMND242           217.12      218.00      5.0700
 OFMND242          204.03        205.00        0.0384               OFMND242           218.00      219.00      4.0700
 OFMND242          205.00        206.00        0.0777               OFMND242           219.00      220.00      3.5400
 OFMND242          206.00        207.00        0.0641               OFMND242           220.00      221.00      3.1800
 OFMND242          207.00        208.00        0.0612               OFMND242           221.00      222.00      3.6600
 OFMND242          208.00        209.19        0.0731               OFMND242           222.00      223.00      3.4900
 OFMND242          209.19        210.36        0.0926               OFMND242           223.00      224.00      4.2100
 OFMND242          210.36        210.58        8.4700               OFMND242           224.00      225.17      2.3500
 OFMND242          210.58        211.25        0.5100               OFMND242           225.17      226.00      1.2650
 OFMND242          211.25        212.00        0.1010               OFMND242           226.00      227.00      1.4800
 OFMND242          212.00        213.00        0.2330               OFMND242           227.00      228.00      0.0856
 OFMND242          213.00        214.00        1.3000               OFMND242           228.00      229.00      0.0096
 OFMND242          214.00        215.00        0.8520               OFMND242           246.40      247.40      0.0053
 OFMND242          215.00        216.00        0.3900

                                            Table 7: OFMND243 drill assay results.

    Hole ID        From (m)       To (m)        % Cu                    Hole ID        From (m)     To (m)      % Cu
   OFMND243          225.60       226.60        0.0158                 OFMND243          247.60     248.60      1.0700
   OFMND243          226.60       227.60        0.1405                 OFMND243          248.60     249.60      1.2100
   OFMND243          227.60       228.60        0.2120                 OFMND243          249.60     250.60      1.1450
   OFMND243          228.60       229.60        0.2230                 OFMND243          250.60     251.60      1.2900
   OFMND243          229.60       230.60        0.3040                 OFMND243          251.60     252.60      1.1150
   OFMND243          230.60       231.15        1.6500                 OFMND243          252.60     253.60      1.4000
   OFMND243          231.15       232.00        0.3470                 OFMND243          253.60     254.60      1.3900
   OFMND243          232.00       233.00        0.3930                 OFMND243          254.60     255.60      1.1800
   OFMND243          233.00       234.00        0.1100                 OFMND243          255.60     256.60      1.3450
   OFMND243          234.00       234.60        0.7930                 OFMND243          256.60     257.66      1.0550
   OFMND243          234.60       235.60        1.3800                 OFMND243          257.66     258.60      0.2610
   OFMND243          235.60       236.60        1.5600                 OFMND243          258.60     259.60      0.6840
   OFMND243          236.60       237.60        1.5050                 OFMND243          259.60     260.60      0.6080
   OFMND243          237.60       238.60        1.4950                 OFMND243          260.60     261.60      0.8020
   OFMND243          238.60       239.60        1.5400                 OFMND243          261.60     262.60      0.8970
   OFMND243          239.60       240.60        1.6700                 OFMND243          262.60     263.30      3.3800
   OFMND243          240.60       241.60        1.8300                 OFMND243          263.30     264.30      0.5650
   OFMND243          241.60       242.60        0.7480                 OFMND243          264.30     265.30      0.5190
   OFMND243          242.60       243.60        0.7530                 OFMND243          265.30     266.30      0.4710
   OFMND243          243.60       244.60        0.7840                 OFMND243          266.30     267.30      0.8070
   OFMND243          244.60       245.60        0.7680                 OFMND243          267.30     268.30      1.4500
   OFMND243          245.60       246.60        0.9230                 OFMND243          268.30     269.30      1.0600
   OFMND243          246.60       247.60        1.1000                 OFMND243          269.30     270.30      0.8460

                                                                                                                          
 Hole ID   From (m)   To (m)       % Cu                    Hole ID      From (m)   To (m)   % Cu
OFMND243     270.30   271.30       0.6420                 OFMND243        272.30   273.30   0.1830
OFMND243     271.30   272.30       0.3710                 OFMND243        273.30   274.15   0.0030

                               Table 8: OFMSD078 drill assay results.

 Hole ID   From (m)   To (m)       % Cu                    Hole ID      From (m)   To (m)   % Cu
OFMSD078     316.00   318.00       0.0022                 OFMSD078        401.00   403.00   0.2640
OFMSD078     318.00   320.00       0.0029                 OFMSD078        403.00   405.00   0.1455
OFMSD078     320.00   322.00       0.0043                 OFMSD078        405.00   407.00   0.3500
OFMSD078     322.00   324.00       0.4320                 OFMSD078        407.00   409.00   0.1045
OFMSD078     324.00   325.00       0.8710                 OFMSD078        409.00   411.00   0.2660
OFMSD078     325.00   326.00       0.8270                 OFMSD078        411.00   413.00   0.2380
OFMSD078     326.00   328.00       0.6690                 OFMSD078        413.00   415.00   0.2600
OFMSD078     328.00   329.00       0.5610                 OFMSD078        415.00   417.00   0.2010
OFMSD078     329.00   330.00       0.6890                 OFMSD078        417.00   419.00   0.1575
OFMSD078     330.00   331.00       0.9940                 OFMSD078        419.00   421.00   0.2450
OFMSD078     331.00   332.00       0.8980                 OFMSD078        421.00   423.00   0.2320
OFMSD078     332.00   333.00       0.8070                 OFMSD078        423.00   425.00   0.3660
OFMSD078     333.00   334.00       0.9870                 OFMSD078        425.00   426.00   1.1300
OFMSD078     334.00   335.00       1.1350                 OFMSD078        426.00   427.00   1.2100
OFMSD078     335.00   336.00       0.7370                 OFMSD078        427.00   428.00   0.8370
OFMSD078     336.00   337.00       0.4670                 OFMSD078        428.00   430.00   0.4040
OFMSD078     337.00   338.00       0.3860                 OFMSD078        430.00   432.00   0.2960
OFMSD078     338.00   340.00       0.3730                 OFMSD078        432.00   433.00   0.7860
OFMSD078     340.00   342.00       0.6140                 OFMSD078        433.00   435.00   0.8650
OFMSD078     342.00   344.00       0.3970                 OFMSD078        435.00   437.00   0.1045
OFMSD078     344.00   345.00       0.5730                 OFMSD078        437.00   439.00   0.1935
OFMSD078     345.00   347.00       0.5120                 OFMSD078        439.00   441.00   0.4910
OFMSD078     347.00   349.00       0.4060                 OFMSD078        441.00   443.00   0.2480
OFMSD078     349.00   351.00       0.3650                 OFMSD078        443.00   445.00   0.1710
OFMSD078     351.00   353.00       0.4080                 OFMSD078        445.00   447.00   0.2090
OFMSD078     353.00   355.00       0.3470                 OFMSD078        447.00   449.00   0.0230
OFMSD078     355.00   357.00       0.3450                 OFMSD078        449.00   451.00   0.0246
OFMSD078     357.00   359.00       0.2000                 OFMSD078        451.00   453.00   0.0839
OFMSD078     359.00   361.00       0.3660                 OFMSD078        453.00   455.00   0.3870
OFMSD078     361.00   362.00       0.3460                 OFMSD078        455.00   457.00   0.2700
OFMSD078     362.00   364.00       0.1800                 OFMSD078        457.00   459.00   0.1720
OFMSD078     364.00   366.00       0.3870                 OFMSD078        459.00   461.00   0.2050
OFMSD078     366.00   368.00       0.1955                 OFMSD078        461.00   463.00   0.1675
OFMSD078     368.00   369.00       0.4940                 OFMSD078        463.00   465.00   0.3070
OFMSD078     369.00   370.00       0.7630                 OFMSD078        465.00   467.00   0.3980
OFMSD078     370.00   372.00       0.3990                 OFMSD078        467.00   469.00   0.2010
OFMSD078     372.00   374.00       0.4040                 OFMSD078        469.00   471.00   0.4550
OFMSD078     374.00   376.00       0.5020                 OFMSD078        471.00   472.00   0.6620
OFMSD078     376.00   378.00       0.3130                 OFMSD078        472.00   473.00   0.3090
OFMSD078     378.00   380.00       0.3130                 OFMSD078        473.00   475.00   0.1760
OFMSD078     380.00   382.00       0.1440                 OFMSD078        475.00   477.00   0.2580
OFMSD078     382.00   384.00       0.1095                 OFMSD078        477.00   479.00   0.1940
OFMSD078     384.00   386.00       0.1420                 OFMSD078        479.00   481.00   0.2480
OFMSD078     386.00   388.00       0.1160                 OFMSD078        481.00   482.00   0.1235
OFMSD078     388.00   389.00       0.9110                 OFMSD078        482.00   483.00   0.6230
OFMSD078     389.00   390.00       0.7390                 OFMSD078        483.00   484.00   1.0250
OFMSD078     390.00   391.00       0.8190                 OFMSD078        484.00   486.00   0.0639
OFMSD078     391.00   392.00       0.3060                 OFMSD078        486.00   488.00   0.2680
OFMSD078     392.00   394.00       0.2370                 OFMSD078        488.00   490.00   0.6190
OFMSD078     394.00   395.00       0.6440                 OFMSD078        490.00   492.00   0.7990
OFMSD078     395.00   397.00       0.1735                 OFMSD078        492.00   494.00   0.3460
OFMSD078     397.00   399.00       0.1300                 OFMSD078        494.00   496.00   0.0088
OFMSD078     399.00   401.00       0.1290                 OFMSD078        496.00   496.96   0.0081
                                                                                                     
                               Table 9: OFMSD079 drill assay results.

 Hole ID   From (m)   To (m)       % Cu                    Hole ID      From (m)   To (m)   % Cu
OFMSD079     472.00   474.00       0.0015                 OFMSD079        564.00   565.00   0.8340
OFMSD079     474.00   474.55       0.0068                 OFMSD079        565.00   566.00   0.6510
OFMSD079     474.55   475.00       0.0131                 OFMSD079        566.00   567.00   0.2580
OFMSD079     475.00   477.00       0.2510                 OFMSD079        567.00   568.50   0.0071
OFMSD079     477.00   479.00       0.2170                 OFMSD079        568.50   570.00   0.0117
OFMSD079     479.00   481.00       0.3360                 OFMSD079        570.00   571.00   0.4990
OFMSD079     481.00   483.00       0.2490                 OFMSD079        571.00   572.00   4.0300
OFMSD079     483.00   485.00       0.4830                 OFMSD079        572.00   573.00   3.7800
OFMSD079     485.00   487.00       0.2890                 OFMSD079        573.00   574.00   2.5400
OFMSD079     487.00   489.00       0.3870                 OFMSD079        574.00   575.00   1.8650
OFMSD079     489.00   491.00       0.3490                 OFMSD079        575.00   576.00   3.7700
OFMSD079     491.00   493.00       0.1810                 OFMSD079        576.00   577.00   2.9800
OFMSD079     493.00   495.00       0.2400                 OFMSD079        577.00   578.00   5.0700
OFMSD079     495.00   497.00       0.2990                 OFMSD079        578.00   579.33   0.2390
OFMSD079     497.00   498.00       0.1535                 OFMSD079        579.33   580.00   1.5300
OFMSD079     498.00   499.00       0.4990                 OFMSD079        580.00   581.00   2.1200
OFMSD079     499.00   500.00       0.2320                 OFMSD079        581.00   582.00   0.7350
OFMSD079     500.00   501.00       0.3070                 OFMSD079        582.00   583.00   1.4500
OFMSD079     501.00   501.94       0.7750                 OFMSD079        583.00   584.00   2.4200
OFMSD079     501.94   503.00       3.0700                 OFMSD079        584.00   585.00   3.2000
OFMSD079     503.00   504.00       2.3700                 OFMSD079        585.00   585.80   3.5700
OFMSD079     504.00   505.00       2.5700                 OFMSD079        585.80   587.90   0.0188
OFMSD079     505.00   506.00       2.6400                 OFMSD079        587.90   590.00   0.0174
OFMSD079     506.00   507.00       2.3900                 OFMSD079        590.00   592.00   0.0162
OFMSD079     507.00   508.00       2.2700                 OFMSD079        592.00   593.00   1.5500
OFMSD079     508.00   509.00       0.2320                 OFMSD079        593.00   594.00   3.7800
OFMSD079     509.00   510.00       0.4200                 OFMSD079        594.00   595.00   2.3900
OFMSD079     510.00   512.00       0.3580                 OFMSD079        595.00   596.00   2.0900
OFMSD079     512.00   514.00       0.3520                 OFMSD079        596.00   598.00   0.0100
OFMSD079     514.00   515.00       0.2730                 OFMSD079        598.00   600.00   0.0045
OFMSD079     515.00   516.00       1.0750                 OFMSD079        600.00   602.00   0.0031
OFMSD079     516.00   517.00       1.7350                 OFMSD079        602.00   604.00   0.0274
OFMSD079     517.00   518.00       0.9590                 OFMSD079        604.00   606.00   0.0393
OFMSD079     518.00   519.00       0.4610                 OFMSD079       606.00    608.00   0.3850
OFMSD079     519.00   520.00       0.7740
OFMSD079     520.00   521.00       0.4710                 OFMSD079       608.00    609.00   1.0950
OFMSD079     521.00   522.00       0.2630                 OFMSD079       609.00    610.00   0.1560
OFMSD079     522.00   523.00       0.6340                 OFMSD079       610.00    611.00   0.1730
OFMSD079     523.00   524.00       0.4280
OFMSD079     524.00   526.00       0.1455                 OFMSD079       611.00    612.00   0.8590
OFMSD079     526.00   528.00       0.0109                 OFMSD079       612.00    613.00   0.4660
OFMSD079     528.00   530.00       0.0012
                                                          OFMSD079       613.00    615.00   0.0318
OFMSD079     530.00   532.00       0.0009
OFMSD079     561.00   562.00       0.1305                 OFMSD079       615.00    617.00   0.0158
OFMSD079     562.00   563.00       0.2980                 OFMSD079       617.00    619.00   0.1975
OFMSD079     563.00   564.00       0.0125

                               Table 10: OFMD163 drill assay results.

Hole ID   From (m)    To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD163       2.90      3.60       0.2190                  OFMD163        14.00     16.00   0.3300
OFMD163       3.60      4.40       0.9880                  OFMD163        16.00     18.00   0.2010
OFMD163       4.40      5.27       0.5070                  OFMD163        18.00     20.00   0.3540
OFMD163       6.17      7.00       0.0042                  OFMD163        20.00     22.00   0.4910
OFMD163       7.00      8.00       0.0055                  OFMD163        22.00     24.00   0.1085
OFMD163       8.00      9.00       0.3520                  OFMD163        24.00     26.00   0.0775
OFMD163       9.00     10.00       0.1080                  OFMD163        26.00     28.00   0.0722
OFMD163      10.00     11.00       0.0056                  OFMD163        28.00     30.00   0.2830
OFMD163      11.00     12.00       0.5670                  OFMD163        30.00     32.00   0.3010
OFMD163      12.00     13.00       1.8550                  OFMD163        32.00     33.00   0.0035
OFMD163      13.00     14.00       0.0713                  OFMD163        33.00     34.00   0.0031
                                                                                                     
 Hole ID   From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD163      34.00     35.00       0.8510                  OFMD163        45.00     46.00   0.4370
OFMD163      35.00     36.00       0.5920                  OFMD163        46.00     47.00   0.4500
OFMD163      36.00     37.00       3.4300                  OFMD163        47.00     49.00   0.2120
OFMD163      37.00     38.00       0.7410                  OFMD163        49.00     51.00   0.0052
OFMD163      38.00     39.00       0.0386                  OFMD163        51.00     52.00   0.1005
OFMD163      39.00     40.00       0.6400                  OFMD163        52.00     53.00   0.0015
OFMD163      40.00     41.00       0.3910                  OFMD163        53.00     54.00   0.0020
OFMD163      41.00     42.00       0.0196                  OFMD163        54.00     55.00   0.0128
OFMD163      42.00     43.00       2.3200                  OFMD163        55.00     56.00   0.0035
OFMD163      43.00     44.00       0.7680                  OFMD163        56.00     57.00   0.0103
OFMD163      44.00     45.00       0.0428

                               Table 11: OFMD164 drill assay results.

 Hole ID   From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD164       4.58      5.56       0.0076                  OFMD164        39.00     40.00   0.0072
OFMD164       5.56      6.21       0.0287                  OFMD164        40.00     41.00   0.0098
OFMD164       6.68      7.45       0.0404                  OFMD164        41.00     42.00   0.0033
OFMD164       7.45      8.31       0.0394                  OFMD164        42.00     43.00   0.1505
OFMD164       8.31      9.00       2.1200                  OFMD164        43.00     44.00   0.1490
OFMD164       9.00     10.00       7.1700                  OFMD164        44.00     45.00   0.6000
OFMD164      10.00     11.00       2.3300                  OFMD164        45.00     46.00   0.0022
OFMD164      11.00     12.00       2.4300                  OFMD164        46.00     47.00   1.5600
OFMD164      12.00     13.00       0.8260                  OFMD164        47.00     48.00   0.6980
OFMD164      13.00     14.00       0.4520                  OFMD164        48.00     49.00   0.9110
OFMD164      14.00     15.00       0.0256                  OFMD164        49.00     50.00   2.9500
OFMD164      15.00     16.00       2.0200                  OFMD164        50.00     51.00   2.3900
OFMD164      16.00     17.00       3.7800                  OFMD164        51.00     52.00   0.6520
OFMD164      17.00     18.00       2.1500                  OFMD164        52.00     53.00   1.3550
OFMD164      18.00     19.00       0.8390                  OFMD164        53.00     54.00   0.8300
OFMD164      19.00     20.00       1.4350                  OFMD164        54.00     55.00   0.3360
OFMD164      20.00     21.00       3.3800                  OFMD164        55.00     56.00   0.0682
OFMD164      21.00     22.00       1.4400                  OFMD164        56.00     57.00   0.2930
OFMD164      22.00     23.00       0.2070                  OFMD164        57.00     58.00   0.1965
OFMD164      23.00     24.00       0.7980                  OFMD164        58.00     59.00   0.0352
OFMD164      24.00     25.00       1.1100                  OFMD164        59.00     60.00   0.4000
OFMD164      25.00     26.00       1.6900                  OFMD164        60.00     61.00   0.0103
OFMD164      26.00     27.00       2.4900                  OFMD164        61.00     62.00   0.0175
OFMD164      27.00     28.00       0.5940                  OFMD164        62.00     63.00   0.0175
OFMD164      28.00     29.00       1.0350                  OFMD164        63.00     64.00   0.0561
OFMD164      29.00     30.00       0.4580                  OFMD164        64.00     65.00   0.0046
OFMD164      30.00     31.00       0.1905                  OFMD164        65.00     66.00   0.1345
OFMD164      31.00     32.00       0.1145                  OFMD164        66.00     67.00   0.3650
OFMD164      32.00     33.00       0.0049                  OFMD164        67.00     68.00   0.0450
OFMD164      33.00     34.00       1.3750                  OFMD164        68.00     69.00   0.0003
OFMD164      34.00     35.00       0.2590                  OFMD164        69.00     70.00   0.6580
OFMD164      35.00     36.00       0.8540                  OFMD164        70.00     71.00   0.0049
OFMD164      36.00     37.00       3.2400                  OFMD164        71.00     72.00   0.0003
OFMD164      37.00     38.00       1.1050                  OFMD164        72.00     73.00   0.0003
OFMD164      38.00     39.00       0.0089

                               Table 12: OFMD165 drill assay results.

 Hole ID   From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD165       3.09      4.00       2.0100                  OFMD165        12.00     13.00   1.0750
OFMD165       4.00      5.00       2.3400                  OFMD165        13.00     14.00   0.7010
OFMD165       5.00      6.12       1.6200                  OFMD165        14.00     15.00   1.1300
OFMD165       6.12      7.05       0.0072                  OFMD165        15.00     16.00   0.0058
OFMD165       7.05      8.00       0.0020                  OFMD165        16.00     17.00   0.2310
OFMD165       8.00      9.00       2.4700                  OFMD165        17.00     18.00   0.1975
OFMD165       9.00     10.00       0.0613                  OFMD165        18.00     19.00   1.7000
OFMD165      10.00     11.00       0.7140                  OFMD165        19.00     20.00   1.0350
OFMD165      11.00     12.00       1.1700                  OFMD165        20.00     21.00   0.6260
                                                                                                     
Hole ID   From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD165      21.00     22.00       0.8180                  OFMD165        42.00     43.00   0.4540
OFMD165      22.00     23.00       0.8130                  OFMD165        43.00     43.75   0.3840
OFMD165      23.00     24.00       0.1605                  OFMD165        43.75     45.00   0.1060
OFMD165      24.00     25.00       0.9420                  OFMD165        45.00     47.00   0.0066
OFMD165      25.00     26.00       0.9440                  OFMD165        47.00     49.00   0.0345
OFMD165      26.00     27.00       0.6270                  OFMD165        49.00     51.00   0.0018
OFMD165      27.00     29.00       0.1990                  OFMD165        51.00     53.00   0.0003
OFMD165      29.00     31.00       0.0094                  OFMD165        53.00     55.00   0.0003
OFMD165      31.00     33.00       0.0112                  OFMD165        55.00     57.00   0.0008
OFMD165      33.00     35.00       0.0113                  OFMD165        57.00     59.00   0.0044
OFMD165      35.00     37.00       0.0145                  OFMD165        59.00     61.00   0.0109
OFMD165      37.00     38.00       0.0420                  OFMD165        61.00     63.00   0.0089
OFMD165      38.00     39.00       0.3190                  OFMD165        63.00     65.00   0.0069
OFMD165      39.00     40.00       0.5560                  OFMD165        65.00     67.00   0.0108
OFMD165      40.00     41.00       0.0950                  OFMD165        67.00     69.00   0.0003
OFMD165      41.00     42.00       0.5240                  OFMD165        69.00     70.44   0.0003

                               Table 13: OFMD166 drill assay results.

Hole ID   From (m)    To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD166       6.45      7.45       0.0039                  OFMD166        22.00     23.00   1.3200
OFMD166       7.45      8.45       0.0075                  OFMD166        23.00     24.00   0.6260
OFMD166       8.45      9.45       0.0087                  OFMD166        24.00     25.00   0.5550
OFMD166       9.45     10.15       0.0938                  OFMD166        25.00     26.00   0.4440
OFMD166      11.00     11.70       0.2080                  OFMD166        26.00     27.00   0.0085
OFMD166      11.70     12.70       0.3760                  OFMD166        27.00     28.00   0.0114
OFMD166      12.70     13.70       2.1200                  OFMD166        28.00     29.00   0.3770
OFMD166      13.70     14.70       1.4900                  OFMD166        29.00     30.00   0.1160
OFMD166      14.70     15.70       1.1750                  OFMD166        30.00     31.00   0.1690
OFMD166      15.70     16.70       0.4700                  OFMD166        31.00     32.00   0.7900
OFMD166      16.70     17.70       0.6250                  OFMD166        32.00     33.00   0.0535
OFMD166      17.70     18.70       1.4250                  OFMD166        33.00     34.00   0.0068
OFMD166      18.70     19.50       0.0052                  OFMD166        34.00     35.00   0.0027
OFMD166      19.50     20.00       0.0018                  OFMD166        35.00     36.00   0.1005
OFMD166      20.00     21.00       0.0051                  OFMD166        36.00     36.85   0.9540
OFMD166      21.00     22.00       0.1625                  OFMD166        36.85     37.15   0.7630

                               Table 14: OFMD167 drill assay results.

Hole ID    From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD167      117.00   119.10       0.0023                  OFMD167        117.00   119.10   0.0023
OFMD167      119.10   121.20       0.0228                  OFMD167        119.10   121.20   0.0228
OFMD167      121.20   122.00       2.7000                  OFMD167        121.20   122.00   2.7000
OFMD167      122.00   123.00       4.6400                  OFMD167        122.00   123.00   4.6400
OFMD167      123.00   124.00       5.9600                  OFMD167        123.00   124.00   5.9600
OFMD167      124.00   125.00       5.4500                  OFMD167        124.00   125.00   5.4500
OFMD167      125.00   126.00       4.1600                  OFMD167        125.00   126.00   4.1600
OFMD167      126.00   127.00       5.7300                  OFMD167        126.00   127.00   5.7300
OFMD167      127.00   128.00       6.1600                  OFMD167        127.00   128.00   6.1600
OFMD167      128.00   129.00       5.3500                  OFMD167        128.00   129.00   5.3500
OFMD167      129.00   131.00       0.0244                  OFMD167        129.00   131.00   0.0244
OFMD167      131.00   133.00       0.0026                  OFMD167        131.00   133.00   0.0026

                               Table 15: OFMD168 drill assay results.

Hole ID    From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD168      40.00     42.00       0.0009                  OFMD168        47.00     48.00   0.7660
OFMD168      42.00     44.00       0.0008                  OFMD168        48.00     49.00   0.5230
OFMD168      44.00     45.93       0.0632                  OFMD168        49.00     50.00   1.1100
OFMD168      45.93     47.00       1.3000                  OFMD168        50.00     51.00   0.7840

                                                                                                     
Hole ID    From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD168      51.00     52.00       1.1700                  OFMD168        70.00     71.00   0.0669
OFMD168      52.00     53.00       1.6900                  OFMD168        71.00     72.00   0.1325
OFMD168      53.00     53.78       0.3580                  OFMD168        72.00     73.00   0.2110
OFMD168      53.78     54.45       1.9800                  OFMD168        73.00     75.00   0.0053
OFMD168      54.45     55.24       0.1475                  OFMD168        75.00     77.00   0.0060
OFMD168      55.24     56.00       0.5980                  OFMD168        77.00     78.00   0.0022
OFMD168      56.00     58.00       0.0101                  OFMD168        78.00     79.00   0.8290
OFMD168      58.00     60.00       0.0175                  OFMD168        79.00     80.00   0.7140
OFMD168      60.00     62.00       0.0123                  OFMD168        80.00     81.00   0.1495
OFMD168      62.00     63.40       0.0164                  OFMD168        81.00     83.00   0.0067
OFMD168      63.40     64.60       0.2800                  OFMD168        83.00     85.00   0.0043
OFMD168      64.60     65.53       0.0282                  OFMD168        85.00     86.00   1.6250
OFMD168      65.53     66.09       0.3370                  OFMD168        86.00     87.00   0.2460
OFMD168      66.09     67.00       0.3750                  OFMD168        87.00     88.00   0.0254
OFMD168      67.00     68.00       0.3000                  OFMD168        88.00     90.00   0.0158
OFMD168      68.00     69.00       0.1070                  OFMD168        90.00     92.00   0.0190
OFMD168      69.00     70.00       0.1280                  OFMD168        92.00     94.00   0.0371

                               Table 16: OFMD169 drill assay results.

 Hole ID   From (m)   To (m)       % Cu                     Hole ID     From (m)   To (m)   % Cu
OFMD169       6.44      7.44       0.0158                  OFMD169        37.00     38.00   0.0070
OFMD169       7.44      8.44       0.0043                  OFMD169        38.00     39.00   0.0035
OFMD169       8.44      9.34       0.0031                  OFMD169        39.00     40.00   0.0016
OFMD169       9.34     10.00       1.0600                  OFMD169        40.00     41.00   0.0023
OFMD169      10.00     11.00       1.1700                  OFMD169        41.00     42.00   0.0206
OFMD169      11.00     12.00       0.2920                  OFMD169        42.00     43.00   1.0950
OFMD169      12.00     13.00       0.5230                  OFMD169        43.00     44.00   0.4460
OFMD169      13.00     14.00       0.1870                  OFMD169        44.00     45.00   0.5840
OFMD169      14.00     15.00       0.0225                  OFMD169        45.00     46.00   0.1280
OFMD169      15.00     16.00       0.2110                  OFMD169        46.00     47.00   0.8260
OFMD169      16.00     17.00       1.0600                  OFMD169        47.00     48.00   0.4020
OFMD169      17.00     18.00       2.2100                  OFMD169        48.00     49.00   0.5180
OFMD169      18.00     19.00       1.4600                  OFMD169        49.00     50.00   0.4320
OFMD169      19.00     20.00       1.9850                  OFMD169        50.00     51.00   0.6720
OFMD169      20.00     21.00       2.7600                  OFMD169        51.00     52.00   0.3860
OFMD169      21.00     22.00       1.5050                  OFMD169        52.00     53.00   0.0014
OFMD169      22.00     23.00       0.1060                  OFMD169        53.00     54.00   0.0271
OFMD169      23.00     24.00       0.1100                  OFMD169        54.00     55.00   0.0385
OFMD169      24.00     25.00       2.4300                  OFMD169        55.00     56.00   0.0383
OFMD169      25.00     26.00       3.7700                  OFMD169        56.00     57.00   0.1620
OFMD169      26.00     27.00       2.9700                  OFMD169        57.00     58.00   0.0023
OFMD169      27.00     28.00       3.8300                  OFMD169        58.00     59.00   0.0252
OFMD169      28.00     29.00       3.2900                  OFMD169        59.00     60.00   0.1750
OFMD169      29.00     30.00       3.8600                  OFMD169        60.00     61.00   0.0310
OFMD169      30.00     31.00       1.1450                  OFMD169        61.00     62.00   0.0173
OFMD169      31.00     32.00       0.4270                  OFMD169        62.00     63.00   0.0200
OFMD169      32.00     33.00       0.4180                  OFMD169        63.00     64.00   0.0826
OFMD169      33.00     34.00       1.6800                  OFMD169        64.00     65.00   0.0145
OFMD169      34.00     35.00       1.3550                  OFMD169        65.00     66.00   0.0078
OFMD169      35.00     36.00       0.7180                  OFMD169        66.00     67.00   0.0042
OFMD169      36.00     37.00       1.2750                  OFMD169        67.00     68.00   0.0133
                                                                                                     
Table 17: Historical drilling by Newmont and GFSA. Drill hole collar information for FMN and FMS prospects. Coordinates in
WGS84 Hartebeesthoek 94 LO17.

              Hole ID         Easting        Northing        RL         Azimuth          Dip              Depth
              FMS044         75311.71       -3270992.10     774.47        180            -65              524.50
              FMS047         75266.30       -3270988.14     767.27        180            -70              616.20
              FMN207         75996.75       -3267901.61     841.04        180            -71              314.00
              FMN215         76116.66       -3267903.77     847.31        180           -65.5             293.70
              FMN217         76116.76       -3267903.70     847.22        180            -69              289.30
              FMS048         75232.50       -3270962.44     761.05        180            -70              698.50
              FMS053D1       75172.71       -3270962.68     760.98        180            -67              710.70

                    Table 18: Historical drilling by Newmont and GFSA, FMS and FMN drill assay results.

    Hole ID             From (m)        To (m)     % Cu                Hole ID         From (m)       To (m)       % Cu
    FMS044                363.20        364.20     0.2500              FMS044            446.11       447.11       0.1200
    FMS044                364.20        365.20     0.4700              FMS044            447.11       448.11       0.2200
    FMS044                365.20        366.20     0.3000              FMS044            448.11       449.11       0.3100
    FMS044                366.20        367.35     0.2700              FMS044            449.11       450.11       0.6100
    FMS044                367.87        368.65     0.5400              FMS044            450.11       451.21       0.2500
    FMS044                370.45        371.45     0.7200              FMS044            451.79       452.68       0.3200
    FMS044                371.45        372.45     0.4200              FMS044            453.68       454.74       0.1400
    FMS044                372.45        373.54     0.6900              FMS044            454.74       455.74       0.2400
    FMS044                385.95        386.95     0.0400              FMS044            455.74       456.74       0.1000
    FMS044                386.95        387.95     0.3000              FMS044            456.74       458.10       0.2300
    FMS044                387.95        388.95     0.4300              FMS044            458.10       459.00       0.1800
    FMS044                388.95        390.00     0.6200              FMS044            459.00       459.92       0.4500
    FMS044                390.00        391.12     0.7400              FMS044            459.92       460.82       0.0700
    FMS044                406.95        407.44     0.1900              FMS044            460.82       463.00       0.2700
    FMS044                407.85        411.58     0.4100              FMS044            463.00       464.00       0.4100
    FMS044                411.58        411.82     3.2400              FMS044            464.00       464.90       0.1600
    FMS044                411.82        412.82     0.1500              FMS044            464.90       465.90       0.2200
    FMS044                412.82        413.82     0.0200              FMS044            465.90       467.10       0.2800
    FMS044                414.70        415.70     0.4900              FMS044            467.10       468.10       0.3600
    FMS044                415.70        417.07     0.4800              FMS044            468.10       469.20       0.4300
    FMS044                417.07        418.34     0.0700              FMS044            469.20       470.20       0.1400
    FMS044                418.34        419.27     0.2300              FMS044            470.20       471.19       0.1600
    FMS044                419.27        420.12     0.3900              FMS044            471.19       472.22       0.1800
    FMS044                420.12        421.00     0.0500              FMS044            472.22       474.68       0.2100
    FMS044                421.00        421.96     0.1500              FMS044            476.60       476.90       0.0800
    FMS044                421.96        422.96     0.4100              FMS044            477.40       478.38       0.2000
    FMS044                422.96        423.96     0.2200              FMS044            478.38       479.10       0.0800
    FMS044                423.96        424.62     0.3400              FMS044            479.10       480.16       0.2300
    FMS044                424.62        424.80     5.6200              FMS044            480.16       481.00       0.0900
    FMS044                424.80        425.80     0.1500              FMS044            481.00       482.00       0.1900
    FMS044                425.80        426.80     0.3900              FMS044            482.00       482.90       0.2200
    FMS044                426.80        427.80     0.4000              FMS044            509.35       510.35       0.1800
    FMS044                427.80        428.80     0.7100              FMS044            510.35       511.59       0.3700
    FMS044                428.80        430.24     0.1300              FMS044            363.20       364.20       0.2500
    FMS044                430.24        431.04     0.2100              FMS044            364.20       365.20       0.4700
    FMS044                431.04        431.45     2.4400              FMS044            365.20       366.20       0.3000
    FMS044                431.45        432.45     0.3300              FMS044            366.20       367.35       0.2700
    FMS044                432.45        433.00     0.0900              FMS044            367.87       368.65       0.5400
    FMS044                433.00        433.92     0.0500              FMS044            370.45       371.45       0.7200
    FMS044                433.92        434.85     0.0100              FMS044            371.45       372.45       0.4200
    FMS044                434.85        435.85     0.4600              FMS044            372.45       373.54       0.6900
    FMS044                435.85        436.85     0.1600              FMS044            385.95       386.95       0.0400
    FMS044                436.85        437.85     0.0800              FMS044            386.95       387.95       0.3000
    FMS044                437.85        439.88     0.0100              FMS044            387.95       388.95       0.4300
    FMS044                442.05        444.70     0.1000              FMS044            388.95       390.00       0.6200
    FMS044                444.70        446.11     0.4400              FMS044            390.00       391.12       0.7400
                                                                                                                         
Hole ID   From (m)   To (m)   % Cu     Hole ID   From (m)   To (m)   % Cu
FMS044      406.95   407.44   0.1900   FMS044      509.35   510.35   0.1800
FMS044      407.85   411.58   0.4100   FMS044      510.35   511.59   0.3700
FMS044      411.58   411.82   3.2400   FMS047      464.21   465.21   0.0300
FMS044      411.82   412.82   0.1500   FMS047      466.21   467.21   0.2800
FMS044      412.82   413.82   0.0200   FMS047      467.21   468.21   0.0800
FMS044      414.70   415.70   0.4900   FMS047      468.21   470.20   0.0600
FMS044      415.70   417.07   0.4800   FMS047      470.90   471.90   0.0900
FMS044      417.07   418.34   0.0700   FMS047      471.90   472.90   0.2600
FMS044      418.34   419.27   0.2300   FMS047      472.90   473.90   0.3200
FMS044      419.27   420.12   0.3900   FMS047      473.90   474.90   0.1600
FMS044      420.12   421.00   0.0500   FMS047      474.90   475.90   1.0100
FMS044      421.00   421.96   0.1500   FMS047      475.90   476.90   0.6300
FMS044      421.96   422.96   0.4100   FMS047      476.90   477.90   0.1300
FMS044      422.96   423.96   0.2200   FMS047      477.90   478.90   0.2400
FMS044      423.96   424.62   0.3400   FMS047      478.90   479.90   0.5500
FMS044      424.62   424.80   5.6200   FMS047      479.90   480.90   0.3300
FMS044      424.80   425.80   0.1500   FMS047      480.90   481.47   0.3200
FMS044      425.80   426.80   0.3900   FMS047      484.80   485.80   1.1800
FMS044      426.80   427.80   0.4000   FMS047      485.80   486.80   0.3400
FMS044      427.80   428.80   0.7100   FMS047      486.80   487.80   0.4800
FMS044      428.80   430.24   0.1300   FMS047      487.80   488.80   0.2500
FMS044      430.24   431.04   0.2100   FMS047      488.80   489.80   0.1500
FMS044      431.04   431.45   2.4400   FMS047      489.80   490.80   0.1200
FMS044      431.45   432.45   0.3300   FMS047      490.80   491.80   0.2400
FMS044      432.45   433.00   0.0900   FMS047      491.80   492.80   0.3300
FMS044      433.00   433.92   0.0500   FMS047      492.80   493.97   0.3000
FMS044      433.92   434.85   0.0100   FMS047      493.97   494.41   0.0400
FMS044      434.85   435.85   0.4600   FMS047      494.41   495.41   0.3400
FMS044      435.85   436.85   0.1600   FMS047      495.41   496.41   0.1200
FMS044      436.85   437.85   0.0800   FMS047      496.41   497.41   0.4400
FMS044      437.85   439.88   0.0100   FMS047      497.41   498.41   0.2000
FMS044      442.05   444.70   0.1000   FMS047      498.41   499.41   0.5400
FMS044      444.70   446.11   0.4400   FMS047      499.41   500.41   0.5200
FMS044      446.11   447.11   0.1200   FMS047      500.41   501.41   0.4200
FMS044      447.11   448.11   0.2200   FMS047      501.41   502.41   0.7400
FMS044      448.11   449.11   0.3100   FMS047      502.41   503.41   0.3700
FMS044      449.11   450.11   0.6100   FMS047      503.41   504.41   0.4300
FMS044      450.11   451.21   0.2500   FMS047      504.41   505.41   0.6400
FMS044      451.79   452.68   0.3200   FMS047      505.41   506.41   0.3200
FMS044      453.68   454.74   0.1400   FMS047      506.41   507.41   0.2800
FMS044      454.74   455.74   0.2400   FMS047      507.41   508.41   0.3600
FMS044      455.74   456.74   0.1000   FMS047      508.41   509.41   0.3600
FMS044      456.74   458.10   0.2300   FMS047      509.41   510.41   2.7900
FMS044      458.10   459.00   0.1800   FMS047      510.41   511.50   0.2700
FMS044      459.00   459.92   0.4500   FMS047      511.50   512.50   0.0900
FMS044      459.92   460.82   0.0700   FMS047      512.50   513.50   0.0200
FMS044      460.82   463.00   0.2700   FMS047      513.50   514.20   0.1200
FMS044      463.00   464.00   0.4100   FMS047      514.20   515.20   3.9400
FMS044      464.00   464.90   0.1600   FMS047      515.20   516.20   3.3400
FMS044      464.90   465.90   0.2200   FMS047      516.20   517.20   1.8200
FMS044      465.90   467.10   0.2800   FMS047      517.20   518.20   1.8800
FMS044      467.10   468.10   0.3600   FMS047      518.20   519.20   1.7500
FMS044      468.10   469.20   0.4300   FMS047      519.20   520.20   2.1700
FMS044      469.20   470.20   0.1400   FMS047      520.20   521.20   1.7800
FMS044      470.20   471.19   0.1600   FMS047      521.20   522.20   1.6400
FMS044      471.19   472.22   0.1800   FMS047      522.20   523.20   0.2400
FMS044      472.22   474.68   0.2100   FMS047      523.20   524.20   1.6600
FMS044      476.60   476.90   0.0800   FMS047      524.20   525.20   0.8900
FMS044      477.40   478.38   0.2000   FMS047      525.20   526.20   1.4400
FMS044      478.38   479.10   0.0800   FMS047      526.20   527.20   0.7700
FMS044      479.10   480.16   0.2300   FMS047      527.20   528.20   1.5600
FMS044      480.16   481.00   0.0900   FMS047      528.20   529.20   0.8400
FMS044      481.00   482.00   0.1900   FMS047      529.20   530.20   0.7800
FMS044      482.00   482.90   0.2200   FMS047      530.20   531.20   0.7200
                                                                          
Hole ID   From (m)   To (m)   % Cu      Hole ID   From (m)   To (m)    % Cu
FMS047      531.20   532.20   0.3700    FMS048      587.15   588.08    5.9100
FMS047      532.20   533.20   0.3100    FMS048      588.08   588.46    2.3200
FMS047      533.20   534.20   0.4500    FMS048      588.46   589.51    3.1000
FMS047      534.20   535.20   0.4600    FMS048      589.51   590.51    7.9900
FMS047      535.20   536.20   1.9700    FMS048      590.51   591.48    6.7200
FMS047      536.20   537.20   0.6400    FMS048      591.48   592.50    6.8200
FMS047      537.20   538.20   0.4000    FMS048      592.50   592.53    4.4700
FMS047      538.20   539.20   0.6200    FMS048      592.53   594.48    4.9900
FMS047      539.20   540.20   0.5200    FMS048      594.48   595.40    3.3800
FMS047      540.20   541.20   0.1600    FMS048      595.40   596.36    2.5600
FMS047      541.20   542.80   0.8100    FMS048      596.36   597.29    1.9900
FMS047      542.80   543.80   0.0900    FMS048      601.00   602.55    0.6400
FMS047      543.80   544.80   0.1200    FMS048      632.65   634.37    0.0100
FMS047      544.80   545.80   0.1800    FMS048      635.09   638.13    0.4600
FMS047      545.80   546.80   0.2400    FMS048      647.14   647.74    0.0100
FMS047      546.80   547.80   0.2300    FMS048      648.67   649.51    0.0100
FMS047      547.80   548.80   0.5900    FMS048      650.69   651.68    0.1600
FMS047      548.80   549.80   0.2600    FMS048      654.76   658.88    0.4200
FMS047      549.80   550.80   0.1600   FMS053D1     490.10   491.10    0.3000
FMS047      550.80   551.80   0.0400   FMS053D1     491.10   492.10    0.1100
FMS047      551.80   552.80   0.0800   FMS053D1     492.10   494.10    0.1400
FMS047      552.80   553.80   0.0800   FMS053D1     494.10   495.40    0.2500
FMS047      553.80   554.80   0.7900   FMS053D1     495.40   496.40    1.6500
FMS047      554.80   555.80   1.3800   FMS053D1     496.40   497.40    1.9100
FMS047      555.80   556.80   3.4300   FMS053D1     497.40   498.40    2.7500
FMS047      556.80   557.80   1.3700   FMS053D1     498.40   499.05    1.5800
FMS047      557.80   558.80   2.0100   FMS053D1     573.63   574.45    0.0600
FMS047      558.80   559.80   0.2700   FMS053D1     574.45   575.45    1.0500
FMS047      559.80   560.80   0.3200   FMS053D1     575.45   576.45    0.2900
FMS047      560.80   561.80   0.1400   FMS053D1     576.45   577.18    1.4500
FMS047      561.80   562.80   0.4600   FMS053D1     577.18   578.36    0.9200
FMS047      562.80   563.80   0.7100   FMS053D1     580.60   581.60    1.4000
FMS047      563.80   564.42   0.2400   FMS053D1     581.60   582.60    1.2400
FMS047      564.42   565.97   1.1100   FMS053D1     582.60   583.60    0.9900
FMS047      565.97   566.97   0.2600   FMS053D1     583.60   584.60    1.3000
FMS047      566.97   567.94   0.3800   FMS053D1     584.60   585.12    1.6600
FMS047      568.77   569.86   2.9300   FMS053D1     587.00   587.23    0.3500
FMS047      569.86   570.24   0.1500   FMS053D1     588.98   589.50    2.9700
FMS047      570.24   571.24   6.5000   FMS053D1     589.50   590.50    3.0600
FMS047      571.24   572.24   5.0400   FMS053D1     590.50   591.50    5.3600
FMS047      572.24   572.88   4.0000   FMS053D1     591.50   592.50    3.9100
FMS047      572.88   573.43   0.8600   FMS053D1     592.50   593.50    1.1700
FMS047      573.43   574.43   0.7300   FMS053D1     593.50   594.50    0.7500
FMS047      574.43   575.43   2.1700   FMS053D1     594.50   595.50    2.4500
FMS047      575.43   576.00   5.3100   FMS053D1     595.50   596.62    4.4700
FMS047      576.00   577.01   0.3100   FMS053D1     596.62   597.22   10.2300
FMS047      577.01   578.01   2.3900   FMS053D1     597.22   598.22    4.5200
FMS047      578.01   579.01   2.3200   FMS053D1     598.22   599.22    7.4400
FMS047      579.01   580.01   1.4100   FMS053D1     599.22   600.22    2.6200
FMS047      580.01   581.01   1.5500   FMS053D1     600.22   601.22    1.5900
FMS047      581.01   582.01   1.1500   FMS053D1     601.22   602.22    2.2500
FMS047      582.01   583.01   1.5700   FMS053D1     602.22   603.22    2.2400
FMS047      583.01   584.01   0.1200   FMS053D1     603.22   604.22    1.7900
FMS047      584.01   585.16   1.1900   FMS053D1     604.22   605.22    1.8800
FMS048      563.16   563.34   0.2400   FMS053D1     605.22   606.22    1.3200
FMS048      578.55   579.55   1.2900   FMS053D1     606.22   606.86    1.1400
FMS048      579.55   580.62   0.6700   FMS053D1     609.51   610.51    3.4400
FMS048      580.62   582.17   4.2900   FMS053D1     610.51   611.51    5.1500
FMS048      582.17   583.14   3.9400   FMS053D1     611.51   612.51    5.7000
FMS048      583.14   583.49   8.8700   FMS053D1     612.51   613.00    5.2900
FMS048      583.49   584.39   4.4000   FMS053D1     613.00   613.43    5.2300
FMS048      584.39   585.30   3.4000   FMS053D1     615.98   616.54    0.3600
FMS048      585.30   586.25   5.6400   FMS053D1     616.54   617.10    0.3500
FMS048      586.25   587.15   4.3900   FMS053D1     617.10   617.80    1.4400
                                                                            
Hole ID   From (m)   To (m)   % Cu     Hole ID   From (m)   To (m)   % Cu
FMN207      107.00   107.60   0.1000   FMN207      257.00   257.50   2.2800
FMN207      108.60   111.50   0.0300   FMN207      257.50   258.60   0.7200
FMN207      111.50   113.90   0.0200   FMN207      258.60   259.60   3.4200
FMN207      113.90   114.40   0.0300   FMN207      259.60   261.00   1.5900
FMN207      118.70   120.70   0.0300   FMN207      261.00   262.50   1.5700
FMN207      120.70   121.90   0.0200   FMN207      262.50   263.80   1.6400
FMN207      121.90   124.90   0.0300   FMN207      263.80   264.80   1.5000
FMN207      124.90   127.00   0.0300   FMN207      264.80   266.00   1.4800
FMN207      127.70   128.50   0.0500   FMN207      266.00   267.50   1.4200
FMN207      128.50   129.00   0.0500   FMN207      267.50   269.00   1.3900
FMN207      129.00   131.00   0.0500   FMN207      269.00   271.00   1.0500
FMN207      131.00   133.00   0.0200   FMN207      271.00   272.40   1.2000
FMN207      133.00   133.40   0.0400   FMN207      272.40   274.00   1.0100
FMN207      133.40   135.10   0.0100   FMN207      274.00   275.50   1.0400
FMN207      135.10   137.10   0.0300   FMN207      275.50   277.20   1.0900
FMN207      137.10   139.10   0.0200   FMN207      277.20   278.50   1.4100
FMN207      139.10   141.10   0.0200   FMN207      278.50   279.70   3.1000
FMN207      141.10   143.10   0.0200   FMN207      279.70   282.00   0.2600
FMN207      143.10   145.10   0.0300   FMN207      282.00   284.00   0.4000
FMN207      145.10   147.10   0.0600   FMN207      284.00   284.80   3.6800
FMN207      147.10   149.10   0.0200   FMN207      284.80   286.00   1.4200
FMN207      149.10   151.10   0.0300   FMN207      286.00   289.60   0.5600
FMN207      151.10   152.10   0.0200   FMN207      289.60   292.00   0.5100
FMN207      152.10   153.10   0.0200   FMN207      292.00   294.40   0.4900
FMN207      153.10   155.10   0.0200   FMN207      294.40   296.40   0.1900
FMN207      155.10   157.10   0.0200   FMN207      296.40   298.80   0.1000
FMN207      157.10   159.10   0.0200   FMN207      298.80   300.60   0.2400
FMN207      159.10   161.10   0.0300   FMN215      120.60   121.60   0.0100
FMN207      161.10   163.10   0.0200   FMN215      122.00   123.20   0.0400
FMN207      163.10   165.10   0.0200   FMN215      125.30   127.00   0.1000
FMN207      165.10   166.60   0.0800   FMN215      137.10   140.00   0.0700
FMN207      166.60   167.30   0.0100   FMN215      140.00   143.00   0.0700
FMN207      167.30   167.40   0.0400   FMN215      143.00   146.00   0.0500
FMN207      167.40   168.00   0.0500   FMN215      146.00   149.00   0.0500
FMN207      168.00   170.00   0.0300   FMN215      149.00   152.00   0.0400
FMN207      170.00   172.00   0.0100   FMN215      152.00   155.40   0.0500
FMN207      172.00   173.20   0.0200   FMN215      155.40   158.40   0.0700
FMN207      181.80   182.00   0.0100   FMN215      158.40   161.40   0.0800
FMN207      182.00   182.20   0.0300   FMN215      161.40   164.40   0.0800
FMN207      217.00   220.10   0.0300   FMN215      164.40   167.90   0.0700
FMN207      220.10   222.00   0.0200   FMN215      170.90   174.00   0.0500
FMN207      222.00   224.00   0.0300   FMN215      174.00   177.00   0.0600
FMN207      224.00   226.00   0.0200   FMN215      177.00   178.40   0.0600
FMN207      226.00   227.60   0.0200   FMN215      181.00   184.50   0.0200
FMN207      227.60   229.60   0.0500   FMN215      188.90   190.50   0.0300
FMN207      229.60   231.60   0.0500   FMN215      190.50   191.90   0.0600
FMN207      231.60   233.60   0.0400   FMN215      192.20   193.20   0.0200
FMN207      233.60   235.20   0.0400   FMN215      197.00   197.60   0.0100
FMN207      235.20   237.20   0.0500   FMN215      201.10   204.50   0.0700
FMN207      237.20   239.20   0.0400   FMN215      208.50   209.00   0.0700
FMN207      239.20   241.00   0.0300   FMN215      211.80   214.10   0.0500
FMN207      241.00   242.70   0.0400   FMN215      215.00   218.00   0.0700
FMN207      242.70   244.70   0.0500   FMN215      218.00   221.00   0.0800
FMN207      244.70   246.70   0.0700   FMN215      221.00   223.50   0.0900
FMN207      246.70   248.70   0.1400   FMN215      223.50   226.60   0.1100
FMN207      248.70   250.10   0.0500   FMN215      226.60   227.30   2.3600
FMN207      250.10   252.50   0.0600   FMN215      227.30   228.80   0.2400
FMN207      252.50   255.30   0.2200   FMN215      228.80   230.30   3.8500
FMN207      255.30   255.40   0.7600   FMN215      230.30   231.40   2.7500
FMN207      255.40   255.80   0.1500   FMN215      231.40   231.90   0.2400
FMN207      255.80   256.20   1.1400   FMN215      231.90   233.90   2.4300
FMN207      256.20   256.40   0.2700   FMN215      233.90   234.50   1.4600
FMN207      256.40   256.70   2.7400   FMN215      234.50   236.80   2.9800
FMN207      256.70   257.00   0.3700   FMN215      236.80   239.80   0.2000
                                                                          
Hole ID   From (m)   To (m)   % Cu     Hole ID   From (m)   To (m)   % Cu
FMN215      239.80   241.20   0.3700   FMN217      162.00   162.40   0.0700
FMN215      241.20   241.80   0.0900   FMN217      166.70   171.60   0.0700
FMN215      241.80   242.70   1.1300   FMN217      173.10   174.60   0.0800
FMN215      242.70   243.20   4.6000   FMN217      174.60   177.20   0.0600
FMN215      243.20   243.60   0.5000   FMN217      177.20   179.30   0.0400
FMN215      243.60   244.00   5.3800   FMN217      179.60   182.20   0.0200
FMN215      244.00   245.90   1.3900   FMN217      182.20   183.30   0.0100
FMN215      245.90   248.30   1.7300   FMN217      188.10   189.60   0.0100
FMN215      248.30   250.40   1.5600   FMN217      189.60   192.60   0.0100
FMN215      250.40   251.20   0.9000   FMN217      192.60   195.60   0.0100
FMN215      251.20   252.00   2.8400   FMN217      196.50   200.20   0.0300
FMN215      252.00   252.40   1.6900   FMN217      207.50   210.80   0.0400
FMN215      252.40   252.90   4.3300   FMN217      215.10   218.00   0.0800
FMN215      252.90   253.50   0.8500   FMN217      219.90   222.50   0.0300
FMN215      253.50   254.20   0.1200   FMN217      222.50   225.40   0.1500
FMN217      116.20   117.20   0.0300   FMN217      225.40   225.90   2.8000
FMN217      118.20   121.40   0.0900   FMN217      225.90   226.90   0.2500
FMN217      123.50   124.30   0.0600   FMN217      226.90   228.40   0.1400
FMN217      137.70   139.10   0.0300   FMN217      228.40   230.40   0.9100
FMN217      139.90   140.60   0.0400   FMN217      230.40   232.40   0.3300
FMN217      140.90   141.50   0.0500   FMN217      232.40   234.40   0.2300
FMN217      144.60   144.90   0.0200   FMN217      234.40   236.40   0.7900
FMN217      146.60   147.50   0.0400   FMN217      236.40   238.40   0.7400
FMN217      162.00   162.40   0.0700   FMN217      238.40   240.40   0.3300
FMN217      166.70   171.60   0.0700   FMN217      240.40   242.00   1.3600
FMN217      173.10   174.60   0.0800   FMN217      242.00   244.00   2.3200
FMN217      174.60   177.20   0.0600   FMN217      244.00   246.00   2.8700
FMN217      177.20   179.30   0.0400   FMN217      246.00   248.00   2.4500
FMN217      179.60   182.20   0.0200   FMN217      248.00   250.00   3.1100
FMN217      182.20   183.30   0.0100   FMN217      250.00   252.00   2.6700
FMN217      188.10   189.60   0.0100   FMN217      252.00   254.00   1.8900
FMN217      189.60   192.60   0.0100   FMN217      254.00   256.50   2.3200
FMN217      192.60   195.60   0.0100   FMN217      256.50   258.30   0.5700
FMN217      196.50   200.20   0.0300   FMN217      244.00   246.00   2.8700
FMN217      207.50   210.80   0.0400   FMN217      246.00   248.00   2.4500
FMN217      215.10   218.00   0.0800   FMN217      248.00   250.00   3.1100
FMN217      219.90   222.50   0.0300   FMN217      250.00   252.00   2.6700
FMN217      222.50   225.40   0.1500   FMN217      252.00   254.00   1.8900
FMN217      225.40   225.90   2.8000   FMN217      254.00   256.50   2.3200
FMN217      225.90   226.90   0.2500   FMN217      256.50   258.30   0.5700
FMN217      226.90   228.40   0.1400
FMN217      228.40   230.40   0.9100
FMN217      230.40   232.40   0.3300
FMN217      232.40   234.40   0.2300
FMN217      234.40   236.40   0.7900
FMN217      236.40   238.40   0.7400
FMN217      238.40   240.40   0.3300
FMN217      240.40   242.00   1.3600
FMN217      242.00   244.00   2.3200
FMN217      244.00   246.00   2.8700
FMN217      246.00   248.00   2.4500
FMN217      248.00   250.00   3.1100
FMN217      250.00   252.00   2.6700
FMN217      252.00   254.00   1.8900
FMN217      254.00   256.50   2.3200
FMN217      256.50   258.30   0.5700
FMN217      116.20   117.20   0.0300
FMN217      118.20   121.40   0.0900
FMN217      123.50   124.30   0.0600
FMN217      137.70   139.10   0.0300
FMN217      139.90   140.60   0.0400
FMN217      140.90   141.50   0.0500
FMN217      144.60   144.90   0.0200
FMN217      146.60   147.50   0.0400

                                                                          20
Appendix 2: The following tables are provided in accordance with the JORC Code (2012) requirements for the reporting of Exploration Results from the
           Okiep Copper Project.

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)
 
 Criteria                JORC Code explanation                                                            Commentary
 
Sampling techniques     •   Nature and quality of sampling (e.g. cut channels, random chips, or          •   Sampling was carried out using industry standard diamond drilling
                             specific specialised industry standard measurement tools appropriate to          procedures. NQ-size diamond drill cores were longitudinally split in half
                             the minerals under investigation, such as down hole gamma sondes, or             using a diamond core cutting machine. Half core was cut to quarter
                             handheld XRF instruments, etc). These examples should not be taken as            core where field duplicates were taken.
                             limiting the broad meaning of sampling.                                      •   HQ core size was only drilled in the upper weathered portion and no HQ
                         •   Include reference to measures taken to ensure sample representivity              core was sampled.
                             and the appropriate calibration of any measurement tools or systems          •   One-metre sample length was taken in most cases, with two-metre
                             used.                                                                            sample length in poorly mineralised zones and internal waste. Sample
                         •   Aspects of the determination of mineralisation that are Material to the          lengths were varied to honour geological and mineralisation
                             Public Report.                                                                   boundaries, with a maximum sample size of 2.10m and a minimum
                         •   In cases where 'industry standard' work has been done this would be              sample size of 22cm.
                             relatively simple (eg 'reverse circulation drilling was used to obtain 1 m   •   Areas of sampling were selected based on visual observations and
                             samples from which 3 kg was pulverised to produce a 30 g charge for fire         readings from a handheld Niton XL3t 500 XRF analyser (standard
                             assay'). In other cases more explanation may be required, such as where          analytical range >25 elements from S to U with additional elements Mg, Al,
                             there is coarse gold that has inherent sampling problems. Unusual                Si and P via helium purge).
                             commodities or mineralisation types (eg submarine nodules) may
                             warrant disclosure of detailed information.
 Drilling techniques     •   Drill type (eg core, reverse circulation, open-hole hammer, rotary air       •   Diamond core drilling was undertaken.
                             blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or   •   HQ and NQ size core was drilled using a standard tube. HQ core size
                             standard tube, depth of diamond tails, face-sampling bit or other type,          was only drilled in the upper weathered portion of approximately 6m. No
                             whether core is oriented and if so, by what method, etc).                        Cu mineralisation was visually identified in the HQ core and no HQ core
                                                                                                              was sampled.
                                                                                                          •   Core was oriented using a Reflex ACT III™.




                                                                                                                                                                           
Criteria                JORC Code explanation                                                       Commentary

Drill sample recovery   •   Method of recording and assessing core and chip sample recoveries       •   Core 'stick-ups' reflecting the depth of the drill hole are recorded at the rig
                            and results assessed.                                                       at the end of each core run. A block with the depth of the hole written
                        •   Measures taken to maximise sample recovery and ensure                       on it is placed in the core box at the end of each run. At the core yard,
                            representative nature of the samples.                                       the length of core in the core box is measured for each run. The measured
                                                                                                        length of core is subtracted from the length of the run as recorded from
                        •   Whether a relationship exists between sample recovery and grade
                                                                                                        the stick-up measured at the rig to determine the core loss.
                            and whether sample bias may have occurred due to preferential
                            loss/gain of fine/coarse material.                                      •   Core recovery was found to be very good (>98%) within the mineralised
                                                                                                        zone.
                                                                                                    •   Ground conditions below the weathered zone were very good.
                                                                                                    •   No obvious relationship exists between sample recovery and grade.
                                                                                                    •   No core/sample loss or gain which could result in sample bias.
Logging                 •   Whether core and chip samples have been geologically and                •   Core of the entire hole length was geologically logged by qualified
                            geotechnically logged to a level of detail to support appropriate           geologists.
                            Mineral Resource estimation, mining studies and metallurgical           •   The core was logged to a level of detail that is sufficient to support
                            studies.                                                                    appropriate Mineral Resource estimation, mining studies and
                        •   Whether logging is qualitative or quantitative in nature. Core (or          metallurgical studies.
                            costean, channel, etc) photography.                                     •   Geological logging was qualitative and was carried out using a
                        •   The total length and percentage of the relevant intersections logged.       standard sheet with a set of standard logging codes to describe
                                                                                                        lithology, structure and mineralisation. The logging sheet allows for free-
                                                                                                        form description to note any unusual features.
                                                                                                    •   Geological logs were captured electronically.
                                                                                                    •   All cores were photographed before sampling.
                                                                                                    •   Eleven (11) diamond holes were logged, totalling 2,258.60m. Of this,
                                                                                                        approximately 795m are ultramafic/mafic lithologies primarily hosting the
                                                                                                        Cu mineralisation.
                                                                                                    •   Geotechnical logging was completed on oriented core from
                                                                                                        deflections off the mother hole. The data collected per drill run
                                                                                                        consisted of core recovery, length of core greater than ten
                                                                                                        centimetres, longest piece, fracture count, alpha and beta angles for
                                                                                                        all joint types and lithological contacts, joint infill types and their
                                                                                                        strength as well as nature of joint surface.
                                                                                                                                                                          
Criteria                JORC Code explanation                                                             Commentary

Sub-sampling            •   If core, whether cut or sawn and whether quarter, half or all core            •   NQ core was cut, and half core was taken as sample with quarter core
techniques and              taken.                                                                            for duplicates.
sample preparation          If non-core, whether riffled, tube sampled, rotary split, etc and
                        •                                                                                 •   HQ core size was only drilled in the upper weathered portion and no HQ
                            whether sampled wet or dry.                                                       core was sampled.
                        •   For all sample types, the nature, quality and appropriateness of the          •   Sample preparation was undertaken at ALS Laboratory Johannesburg
                            sample preparation technique.                                                     (ALS), an ISO accredited laboratory, and is considered appropriate. ALS
                        •   Quality control procedures adopted for all sub-sampling stages to                 utilises industry best practice for sample preparation for analysis
                            maximise representivity of samples.                                               involving drying of samples, weighing samples, crushing to <2mm if
                                                                                                              required. Crushed samples are riffle-split and a 250g portion pulverised with
                        •   Measures taken to ensure that the sampling is representative of the in situ
                                                                                                              +85% passing through 75 microns.
                            material collected, including for instance results for field
                            duplicate/second-half sampling.                                               •   Crushing and pulverising QC tests were applied by ALS and found
                                                                                                              acceptable.
                        •   Whether sample sizes are appropriate to the grain size of the material
                            being sampled.                                                                •   Quarter core field duplicates were taken for 5 samples.
                                                                                                          •   All sample sizes are deemed appropriate.
Quality of assay data   •   The nature, quality and appropriateness of the assaying and                   •   Core from OFMSD078, OFMSD079, OFMND242 and OFMND243, was
and laboratory tests        laboratory procedures used and whether the technique is considered                scanned by a RADOS™ XRF core scanning unit. Results from continuous
                            partial or total.                                                                 scanning were reported at 1cm intervals.
                        •   For geophysical tools, spectrometers, handheld XRF instruments, etc, the      •   Areas of sampling were selected based on visual observations and
                            parameters used in determining the analysis including instrument make             readings from a handheld Niton XL3t 500 XRF analyser (standard
                            and model, reading times, calibrations factors applied and their                  analytical range >25 elements from S to U with additional elements Mg, Al,
                            derivation, etc                                                                   Si and P via helium purge.
                        •   Nature of quality control procedures adopted (e.g. standards, blanks,         •   Samples submitted to ALS were analysed for base metals and gold.
                            duplicates, external laboratory checks) and whether acceptable
                                                                                                          •   All samples were analysed by an appropriate high-grade aqua regia
                            levels of accuracy (ie lack of bias) and precision have been
                                                                                                              ICP-AES method, ALS code ME-ICP41a.
                            established.
                                                                                                          •   Samples where assays returned >5% Cu were re-assayed by aqua regia
                                                                                                              digestion and ICP-AES method, ALS code MEOG-46.
                                                                                                          •   Samples were assayed for gold by fire assay and AAS, ALS code AU-
                                                                                                              AA25 method.
                                                                                                          •   Orion inserted CRMs every 10th sample. A total of fourteen CRMs were
                                                                                                              inserted. CRMs were alternated throughout the sample stream and
                                                                                                              where possible matched to the sample material being analysed.
                                                                                                          •   Three CRMs were used. AMIS0399 (1.014 %Cu), AMIS0809 (2.97 %Cu) and AMIS088
                                                                                                              (0.3 %Cu).
                                                                                                          •   Fifty-nine (59) CRMs returned acceptable results within two Standard
                                                                                                              Deviations of the CRM average. Four (4) CRMs returned unacceptable
                                                                                                              results above the two Standard Deviations of the CRM average. The
                                                                                                              affected batch was re-assayed, and in the repeat analysis the CRMs
                                                                                                                                                                              
Criteria                JORC Code explanation                                                         Commentary
                                                                                                        
                                                                                                          returned acceptable results within two Standard Deviations of the CRM
                                                                                                          average
                                                                                                      •   Chip blanks are inserted at the beginning of each batch and after any
                                                                                                          sample that may be considered high grade. A total of nine (9) blanks
                                                                                                          were used. Acceptable results were returned indicating no
                                                                                                          contamination.
                                                                                                      •   The laboratory conducts their own checks which are also monitored.
                                                                                                          The accuracy and precision of the geochemical data reported on has
                                                                                                          deemed to be acceptable.
                                                                                                      •   Results from the five (5) quarter core field duplicates showed a
                                                                                                          correlation coefficient of 0.98.
                                                                                                      •   No external laboratory checks have been carried out at this stage.
Verification of       •     The verification of significant intersections by either independent or    •   Orion's exploration geologist personally supervised the drilling and
Sampling and assaying       alternative company personnel.                                                sampling along with a team of experienced geologists.
                        •   The use of twinned holes.                                                 •   Due to the high degrees of deviation in both dip and azimuth of the
                        •   Documentation of primary data, data entry procedures, data                    historical holes, twin holes were not planned. However, with the high
                            verification, data storage (physical and electronic) protocols.               density of historical drilling in some areas, some Orion-drilled holes
                                                                                                          intersected mineralisation in relative proximity to historical intersections.
                        •   Discuss any adjustment to assay data.
                                                                                                      •   The intersection in OFMND242 is approximately 11m from an
                                                                                                          intersection in historical hole FMN215 and approximately 14m from an
                                                                                                          intersection in historical hole FMN217. The intersection in OFMND243 is
                                                                                                          approximately 25m from an intersection in historical hole FMN207. The
                                                                                                          intersection in OFMSD079 is approximately 16m from an intersection in
                                                                                                          historical hole FMS047. OFMS078 broadly correlates with historical hole
                                                                                                          FMS044 approximately 20m away.
                                                                                                      •   While there are local variations between the Orion and historical drill
                                                                                                          hole intersections, considering the irregular nature of the intrusive
                                                                                                          related mineralisation, the intersections in the Orion holes broadly
                                                                                                          correlate with the historical drilling.
                                                                                                      •   The CP has reviewed the raw laboratory data and confirmed the
                                                                                                          calculation of the significant intersections.
                                                                                                      •   No adjustments have been made to the assay data.
Location of data points •   Accuracy and quality of surveys used to locate drill holes (collar and    •   Collar positions of the FMS, FMN and FMNb prospect holes were initially
                            down-hole surveys), trenches, mine workings and other locations used in       located using a hand-held Garmin GPS and have been subsequently
                            Mineral Resource estimation.                                                  surveyed by a qualified surveyor using a differential GPS.
                        •   Specification of the grid system used.                                    •   On completion drill collars are capped and labelled.
                        •   Quality and adequacy of topographic control.                              •   The local South African Lo17 WGS84 (Hartebeesthoek 94) grid system is

                                                                                                                                                                          
Criteria                 JORC Code explanation                                                             Commentary
                                                                                                               
                                                                                                               used.
                                                                                                           •   All the FMS, FMN and FMNb holes were surveyed down-hole. A north
                                                                                                               seeking Reflex SPRINTIQ gyro tool was used for the down-hole surveys.
Data spacing and         •   Data spacing for reporting of Exploration Results.                            •   At FMN, the two holes were drilled along strike approximately 100m
distribution                                                                                                   apart targeting the sub-horizontal east-west striking northern section of
                         •   Whether the data spacing and distribution is sufficient to establish the
                             degree of geological and grade continuity appropriate for the                     the mineralisation whilst at FMS two drillholes were drilled on the same
                             Mineral Resource and Ore Reserve estimation procedure(s) and                      section, targeting updip and downdip mineralisation approximately
                             classifications applied.                                                          180m apart. At FMNb holes were sited approximately 50m apart along
                                                                                                               strike with two downdip holes 75m apart to intersect areas adjacent to
                         •   Whether sample compositing has been applied.
                                                                                                               the historical stoping.
                                                                                                           •   Due to the irregular intrusive nature of the mineralisation, the historical
                                                                                                               drill spacing was kept relatively tight.
                                                                                                           •   The spacing for Orion holes within the FMS and FMN prospects, was
                                                                                                               designed to confirm historical information, provide geotechnical
                                                                                                               information, and provide additional samples for confirmatory
                                                                                                               metallurgical test work. The drill spacing is considered sufficient to
                                                                                                               establish the degree of geological and grade continuity appropriate
                                                                                                               for the Mineral Resource and Ore Reserve estimation and
                                                                                                               classifications.
                                                                                                           •   The spacing for Orion holes within the FMNb prospect, was designed to
                                                                                                               confirm historical information. The drill spacing is considered sufficient
                                                                                                               to establish the degree of geological and grade continuity
                                                                                                               appropriate for Mineral Resource estimation.
                                                                                                           •   Two-metre samples were taken in wider zones of internal waste or barren
                                                                                                               zones separating hanging wall and footwall mineralised zones.
Orientation of data in   •   Whether the orientation of sampling achieves unbiased sampling of             •   To achieve unbiased sampling, drilling is oriented as close as practically
relation to geological       possible structures and the extent to which this is known, considering the        possible to perpendicular, or at a maximum achievable angle, to the
structure                    deposit type.                                                                     attitude of the mineralisation. Drill holes were inclined between -58° and
                         •   If the relationship between the drilling orientation and the orientation of       -68° for FMN, between -58° and -68° for FMS and at -60° for FMNb.
                             key mineralised structures is considered to have introduced a                 •   No sampling bias is anticipated as a result of drill hole orientations.
                             sampling bias, this should be assessed and reported if material.
Sample security          •   The measures taken to ensure sample security.                                 •   Chain of custody is managed by the Company. Samples were stored
                                                                                                               on site in a secure locked building and then freighted directly to the
                                                                                                               laboratory.
Audits or reviews        •   The results of any audits or reviews of sampling techniques and data.         •   No audits or reviews have been carried out to date.
                                                                                                                                                                                  
Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)
 
 Criteria                JORC Code explanation                                                                Commentary
 
 Mineral tenement and    •   Type, reference name/number, location and ownership including                   •   The mineral rights to the properties are vested in the peoples of South
 land tenure status          agreements or material issues with third parties such as joint ventures,            Africa and the Minerals and Petroleum Resources Development Act,
                             partnerships, overriding royalties, native title interests, historical sites,       2002, (MPRDA) regulates the prospecting and mining industry in South
                             wilderness or national park and environmental settings.                             Africa.
                         •   The security of the tenure held at the time of reporting along with any         Newmont and GFSA:
                             known impediments to obtaining a licence to operate in the area.                 • O'Okiep Copper Company (Pty) Ltd (OCC), historically owned at
                                                                                                                different times by Newmont, GFSA and Metorex, held vast areas under
                                                                                                                an old order (prior to the MPRDA) mining right.
                                                                                                             Orion:
                                                                                                             •   Flat Mines Mining Right. A mining right, NC30/5/1/2/2/10150MR was
                                                                                                                 granted on 28 July 2022 to Southern African Tantalum Mining (Pty) Ltd
                                                                                                                 (SAFTA) in terms of section 23 of the MPRDA to mine for a period of
                                                                                                                 fifteen years. The right may be renewed for periods of up to 30 years.
                                                                                                                 The mining right was ceded to Orion indirect subsidiary, New Okiep
                                                                                                                 Mining Company (Pty) Ltd (NOMC) on 12 December 2023. The right is
                                                                                                                 for copper ore and tungsten are over a portion of portion 3, a portion
                                                                                                                 of portion 13, a portion of portion 14 and a portion of portion 21 of the
                                                                                                                 farm Nababeep No 134 situated within the Administrative District of
                                                                                                                 Namaqualand. The area measures 1,214Ha in extent.
                                                                                                             •   A prospecting right NC30/5/1/1/2/12850PR was granted on 27 June
                                                                                                                 2023 to SAFTA in terms of section 17 of the MPRDA for the same area as
                                                                                                                 the mining right for 3 years (renewable for 3 years) for 26 additional
                                                                                                                 minerals including gold and silver.
                                                                                                             •   SAFTA PR. A prospecting right, NC30/5/1/1/2/12755PR was granted on
                                                                                                                 21 June 2024 to SAFTA in terms of section 17 of the MPRDA to prospect
                                                                                                                 for a period of 3 years, renewable for 3 years. The right is for copper ore
                                                                                                                 and tungsten ore for portion of Portion 3, portion of Portion 10, portion
                                                                                                                 of Portion 13, portion of Portion 14, Portion 15, Portion 16, portion of
                                                                                                                 Portion 21 of the farm Nababeep 134 and Okiep Township Plot 2086.
                                                                                                                 situated within the Administrative District of Namaqualand. The total
                                                                                                                 area measures 7,164Ha in extent.
                                                                                                             •   A prospecting right NC30/5/1/1/2/12848PR was granted on 21 June
                                                                                                                 2024 to SAFTA in terms of section 17 of the MPRDA for the same area as
                                                                                                                 the prospecting right NC12755PR for 3 years (renewable for 3 years) for
                                                                                                                 26 additional minerals including gold and silver.
                                                                                                             •   Orion acquired 56.25% of the tenement rights through the SAFTA-Orion
                                                                                                                                                                               
Criteria              JORC Code explanation                                               Commentary
                                                                                            Acquisition Agreement. The remaining 43.75% is held by the Industrial
                                                                                            Development Corporation of South Africa (IDC) (refer ASX/JSE releases
                                                                                            2 August 2021, 7 September 2022, 14 November 2022, 17 April 2024, 6
                                                                                            May 2024). Applications for Section 11 consent in terms of the MPRDA
                                                                                            to cede the rights to NOMC are submitted once each right is granted
                                                                                            and are in preparation and process.
                                                                                          •   The area was mined historically for copper and tungsten.
Exploration done by   •   Acknowledgment and appraisal of exploration by other parties.   •   Previous explorers in the region includes Newmont, GFSA and SAFTA.
other parties                                                                                 Exploration was focussed on Cu.
                                                                                          •   Extensive historical drilling data (480 holes totalling 126,601m) is
                                                                                              contained in the database inherited from Newmont, GFSA and SAFTA
                                                                                              for FME, FMN and FMS. This includes 247 holes totalling 42,738m at FMN,
                                                                                              151 holes totalling 50,583m at FME and 82 holes totalling 33,280m at
                                                                                              FMS.
                                                                                          •   Sample and analytical details are contained within JORC Table 1 of
                                                                                              ORN ASX/JSE Announcement from 28 August 2023.
Geology               •   Deposit type, geological setting and style of mineralisation.   •   The tenements are located over the Central and Western parts of the
                                                                                              Okiep Copper District (OCD). The style of mineralisation is mafic hosted
                                                                                              orogenic Cu-mineralisation.
                                                                                          •   Copper mineralisation is primarily associated with irregular, elongated
                                                                                              and steeply dipping Koperberg Suite mafic intrusives.
                                                                                          •   The Koperberg Suite intrusives are mainly restricted to so-called "Steep
                                                                                              Structures" of extensive strike lengths and steeply dipping to the north.
                                                                                          •   The Koperberg Suite consists of intermediate to mafic rock types,
                                                                                              predominated by anorthosite, diorite and norite.
                                                                                          •   Mineralisation usually occurs as blebs to disseminated Cu mineral
                                                                                              assemblages: bornite > chalcopyrite > chalcocite and less pyrite and
                                                                                              pyrrhotite.
                                                                                          •   The more mafic and magnetite-rich lithologies generally host the bulk of
                                                                                              and higher-grade mineralisation.
                                                                                          •   The OCD has a long exploration and mining history, and the geology is well
                                                                                              known and understood.
                                                                                                                                                            
Criteria                 JORC Code explanation                                                              Commentary

Drill hole Information   •   A summary of all information material to the understanding of the              •   Refer to Table 5 in Appendix 1 for collar details of drill holes reported.
                             exploration results including a tabulation of the following information for
                             all Material drill holes:
                             o easting and northing of the drill hole collar
                             o elevation or RL (Reduced Level – elevation above
                               sea level in metres) of the drill hole collar
                             o dip and azimuth of the hole
                             o down hole length and interception depth
                             o hole length.
                             
                         •   If the exclusion of this information is justified on the basis that the
                             information is not Material and this exclusion does not detract from the
                             understanding of the report, the Competent Person should clearly
                             explain why this is the case.
Data aggregation         •   In reporting Exploration Results, weighting averaging techniques,              •   A minimum 0.7% Cu cut-off was used to calculate intercepts.
methods                      maximum and/or minimum grade truncations (eg cutting of high                   •   Allowance was made for 3m internal waste.
                             grades) and cut-off grades are usually Material and should be stated.
                                                                                                            •   A cut-off of 1.0% Cu was used for the higher-grade inclusions.
                         •   Where aggregate intercepts incorporate short lengths of high grade
                                                                                                            •   Weighted grades were calculated as follows: %Cu x sample length(m)
                             results and longer lengths of low grade results, the procedure used for
                             such aggregation should be stated and some typical examples of                 •   The CP is of the opinion that the above aggregation methods are
                             such aggregations should be shown in detail.                                       acceptable for this type of deposit.

                         •   The assumptions used for any reporting of metal equivalent values              •   These aggregation methods were also applied to historical holes and
                             should be clearly stated.                                                          assay results.
                                                                                                            •   No metal equivalents are reported.
                                                                                                            •   No capping of assay results was required.
Relationship between     •   These relationships are particularly important in the reporting of             •   Drilling is generally oriented perpendicular, or at a maximum
mineralisation widths        Exploration Results.                                                               achievable angle to, the attitude of the mineralisation.
and intercept lengths
                         •   If the geometry of the mineralisation with respect to the drill hole           •   Generally, drill hole inclinations ranged between -58° to -65° towards the
                             angle is known, its nature should be reported.                                     south while the mineralisation is expected to dip close to 80° towards the
                         •   If it is not known and only the down hole lengths are reported, there should       north.
                             be a clear statement to this effect (eg 'down hole length, true width not      •   Down holes lengths are reported in all instances apart from where true
                             known').                                                                           widths (TW) are specified.
                                                                                                            •   Where true widths (TW) are specified they are calculated by measuring
                                                                                                                the intersection width perpendicular to the interpreted mineralisation
                                                                                                                trend.
                                                                                                                                                                                   
Criteria             JORC Code explanation                                                           Commentary

Diagrams             •   Appropriate maps and sections (with scales) and tabulations of              •   Refer to body of the announcement for plans, plots and tables.
                         intercepts should be included for any significant discovery being           •   Drilling data was incorporated and monitored in Micromine™
                         reported These should include, but not be limited to a plan view of drill       software together with interpretation models based on the available
                         hole collar locations and appropriate sectional views.                          historical drill data.
Balanced reporting   •   Where comprehensive reporting of all Exploration Results is not             •   In the Competent Person's opinion, the Exploration Results reported in this
                         practicable, representative reporting of both low and high grades               announcement have been reported in a balanced manner.
                         and/or widths should be practiced to avoid misleading reporting of
                         Exploration Results.
Other substantive    •   Other exploration data, if meaningful and material, should be reported •        The Company's previous ASX releases have detailed exploration works.
exploration data         including (but not limited to): geological observations; geophysical survey •   A high-resolution drone magnetic survey was carried-out and will assist in
                         results; geochemical survey results; bulk samples – size and method of          future planning of additional drill holes.
                         treatment; metallurgical test results; bulk density, groundwater,
                         geotechnical and rock characteristics; potential deleterious or             •   Drone (DJI 600M Pro) magnetics were done at 30m AGL and 50m line
                         contaminating substances.                                                       spacing.
                                                                                                     •   Historical detailed surface mapping is interpreted and utilised during drill
                                                                                                         hole planning.
                                                                                                     •   Where possible, bulk density measurements were made over the full
                                                                                                         length of each individual sample of split core. Where not possible due to
                                                                                                         incompetent (crushed or broken) core, a minimum of 80% of the (half-
                                                                                                         core) sample was used. The bulk density is determined by measuring
                                                                                                         and subtracting the wet weight from the dry weight using an electronic
                                                                                                         scale. Care is taken to clean and zero the scale between each weighing.
                                                                                                         The intact sample portion is first weighed in air and the weight recorded.
                                                                                                         The sample is then weighed, while completely submerged in clean
                                                                                                         water within a measuring container. The mass of container and water
                                                                                                         are deducted for net submerged weight and volume displacement
                                                                                                         read on measuring container. The sample is then removed and placed
                                                                                                         back into the core tray in the correct position and orientation. The
                                                                                                         procedure is repeated for each geological sample interval. The data
                                                                                                         were recorded in the bulk density Data Sheet. The bulk density is
                                                                                                         calculated for each sample using the formula:
                                                                                                          BD =                   weight of sample
                                                                                                                 (weight of sample in air – weight of the sample in water)
Further work         •   The nature and scale of planned further work (eg tests for lateral          •   Geotechnical samples are being selected for submission to Rocklabs
                         extensions or depth extensions or large-scale step-out drilling).               for test work including point load test, uniaxial compressive strength
                     •   Diagrams clearly highlighting the areas of possible extensions, including       test (UCS), triaxial compression test (TCS), base friction angle test
                         the main geological interpretations and future drilling areas, provided         (BFA), uniaxial tensile strength (UTS), point load test (PLT), shear test on
                         this information is not commercially sensitive.                                 joints and density test.

                                                                                                                                                                         
Criteria   JORC Code explanation    Commentary
                                   •  Drilling is continuing on Flat Mine South prospect.
                                   •   Further surface geophysical surveys may inter alia include ground,
                                       drone and/or airborne magnetics, gravity and electrical methods.




                                                                                                 

Date: 03-09-2024 09:14:00
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