Wrap Text
Maiden Lithium Resource Drilling Near Completion
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
JSE ISIN: AU0000TAWDA9
Share code on the Australian Securities Exchange Limited: TAW
ASX ISIN: AU000000TAW7
(“the Company” or “Tawana”)
Maiden Lithium Resource Drilling Near Completion
Further High Grade Lithium and Tantalum at Bald Hill
All graphics have been removed for SENS purposes. Please refer to Tawana’s website.
Tawana Resources NL (“Tawana” or the “Company”) is pleased to announce that infill drilling at
the Bald Hill project, Western Australia is nearing completion. The drilling program has focused on the
area where the maiden lithium resource will be estimated.
The maiden lithium resource which should be available in early April, will be another significant
milestone as the Company pursues spodumene production in 2017.
Tawana has completed 193 resource RC drill holes since 28 December, 2016.
Refer to the attached Joint Announcement in relation to exploration results at the Bald Hill Mine.
Highlights
-- Three rigs at Bald Hill as spodumene pegmatite footprint continues to increase.
-- Numerous high grade lithium and tantalum intercepts. Best results include:
- 21m at 1.44% Li2O and 319ppm Ta2O5 from 61m in LRC0146;
- 20m at 1.38% Li2O from 59m Li2O in LRC0148;
- 6m at 1.11% from 71m and 16m at 1.44% from 99m in LRC209;
- 12m at 2.38% Li2O from 136m in LRC077; and
- 12m at 2.09% Li2O from 54m in LRC0257.
-- Drilling has clearly defined near-surface spodumene pegmatites located 800m from the process plant
site and within the current fully permitted pit limit. Shallow intercepts included:
- 13m at 1.74% Li2O and 318ppm Ta2O5 from 19m in LRC0253;
- 7m at 1.21% Li2O and 683ppm Ta2O5 from 25m in LRC135;
- 11m at 1.62% Li2O from 29m including 8m at 2.05% Li2O in LRC0265; and
- 11m at 1.02% Li2O and 247ppm Ta2O5 from 14m in LRC0132.
-- Feasibility study is scheduled for completion within 5 weeks with the aim of commissioning the
spodumene concentrator in October 2017.
-- Significant spodumene pegmatites discovered 300m west of the Hillview pit.
Tawana Resources Managing Director Mark Calderwood stated: “Infill drilling for the initial lithium
resource estimate is essentially complete. Resource estimation work has commenced. The results
should lead to an increase in existing tantalum resources and reserves.
The geometry of the pegmatites allows access to near-surface (2-20m) medium-high grade ore, within
current permitted pit design, for initial production.
Though there is significant strike potential for the spodumene pegmatites on the Bald Hill tenements,
the aim is to complete the short term (5-year) mine plan during April on the maiden resource in order
to meet the October 2017 commissioning deadline. Drilling is expected to continue for some months
and it is anticipated that further resource upgrades will be provided over the course of 2017.”
Bald Hill Project (AMAL 100%, TAW Earning 50%)
The Bald Hill project (Project) area is located 50km south east of Kambalda in the Eastern Goldfields of
Western Australia. It is located approximately 75km south east of the Mt Marion Lithium project and is
adjacent to Tawana’s Cowan Lithium project. The Project, owned by Alliance Mineral Assets Limited
(AMAL), includes a permitted tantalum (pegmatite) mine, processing facility and associated infrastructure.
Recent Drilling
A total of 193 resource RC drill holes have been completed between 28 December 2016 and 20 February
2017 and three RC rigs are now operating on site. Assays have been received for only 77 of these holes:
recent intercepts are summarised in Tables 1 and 2 in Appendix A. Approximately 10, mostly shallow,
holes remain to be drilled prior to completion of an initial resource estimate.
Recent high grade lithium intercepts include1:
- 21m at 1.44% Li2O and 319ppm Ta2O5 from 61m including 12m at 2.21% Li2O in LRC0146;
- 20m at 1.38% Li2O from 59m including 7m at 2.22% Li2O in LRC0148;
- 13m at 1.74% Li2O from 19m including 10m at 2.15% Li2O and 372ppm Ta2O5 in LRC0253;
- 2m at 2.5% Li2O and 499ppm Ta2O5 from 54m, 6m at 1.11% from 71m and 16m at 1.44% from 99m
including 5m at 2.85% Li2O in LRC209;
- 12m at 2.38% Li2O and 226ppm Ta2O5 from 136m in LRC077; and
- 12m at 2.09% Li2O from 54m in LRC0257
Notable high grade tantalum intercepts included:
- 5m at 1,832ppm Ta2O5 from 125m in LRC077;
- 5m at 0.72% Li2O and 947ppm Ta2O5 from 46m in LRC0208;
- 9m at 1.17% Li2O and 552ppm Ta2O5 from 63m in LRC0201;
- 7m at 1.21% Li2O and 683ppm Ta2O5 from 25m in LRC0135;
- 8m at 0.65% Li2O and 919ppm Ta2O5 from 138m in LRC078; and
- 6m at 2.70% and 467ppm from 70m including 4m at 3.14% Li2O and 584ppm Ta2O5 in LRC0205
Other shallow intercepts from within 20m vertical of surface, within the permitted pit, included:
- 5m at 1.52% Li2O and 317ppm Ta2O5 from 21m in LRC0085, 7m at 1.40% Li2O and 256ppm Ta2O5
from 26m in LRC0123, 9m at 1.16% Li2O and 207ppm Ta2O5 from 22m in LRC0125, 12m at 0.89%
Li2O and 311ppm Ta2O5 from 21m in LRC0124, 8m at 1.16% Li2O and 239ppm Ta2O5 from 16m in
LRC0129, 11m at 1.02% Li2O and 247ppm Ta2O5 from 14m in LRC0132 and 10m at 1.25% Li2O in
LRC0210.
Recent step-out drilling west of the Hillview pit has intercepted multiple high grade spodumene pegmatites
highlighting the future resource potential. Initial drill results from the discovery holes included 12m at 1.36%
Li2O from 59m in LRC0081, 8m at 1.26% Li2O from 55m in LRC0093 and 3m at 2.52% from 80m in LRC0095
followed by 4m at 1.45% Li2O from 94m in LRC0095. Tables 1 and 2 in Appendix A contain details of drill
results.
Terms of Bald Hill Mine Earn in and Joint Venture
Through Tawana’s 100% owned subsidiary Lithco No. 2 Pty Ltd, Tawana entered into a Farm-In Agreement
on 23 February 2017 with Alliance Mineral Assets Limited (“AMAL”) with respect to AMAL’s Bald Hill project
in Western Australia for the purpose of joint exploration and exploitation of lithium and other minerals.
The commercial terms require Tawana:
i. to spend, by 31 December 2017 (or such later date as may be agreed between the parties), a
minimum of $7.5 million on exploration, evaluation and feasibility (including administrative and
other overhead costs in relation thereto) (“Expenditure Commitment”); and
ii. to spend, $12.5 million in capital expenditure required for upgrading and converting the plant for
processing ore derived from the Project, infrastructure costs, pre-stripping activities and other
expenditures including operating costs (“Capital Expenditure”) by 31 December 2019.
Upon completion of the Expenditure Commitment, Tawana shall be entitled to 50% of all rights to lithium
minerals from the tenements comprising the Project (“Tenements”).
Upon completion of the Expenditure Commitment and Capital Expenditure, Tawana will be entitled to a
50% interest in the Project (being all minerals from the tenements and the processing plant and
infrastructure at Bald Hill). The portfolio of mineral tenements, comprising mining leases, exploration
licences, prospecting licences, miscellaneous licences, a general-purpose lease, and a retention lease are
in good standing.
Competent Persons Statement
The information in this news release that relates to Exploration Results is based on and fairly represents information and supporting
documentation compiled by Mr Mark Calderwood and Mr Gareth Reynolds, both employees of Tawana Resources NL (“Tawana”). Mr
Calderwood is a member of The Australasian Institute of Mining and Metallurgy and Mr Reynolds is a member of the Australian Institute
of Geoscientists. Mr Calderwood and Mr Reynolds have sufficient experience relevant to the style of mineralisation under consideration
and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code
for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Calderwood and Mr Reynolds consent to the inclusion in
this report of the matters based on their information in the form and context in which it appears.
Mr Calderwood is a significant shareholder in Tawana. Mr Calderwood and Tawana do not consider these to constitute a potential conflict
of interest to his role as Competent Person. Mr Calderwood is not aware of any other relationship with Tawana which could constitute a
potential for a conflict of interest.
Mr Reynolds is an employee of Tawana. Mr Reynolds is not aware of any other relationship with Tawana which could constitute a potential
for a conflict of interest.
Forward Looking Statement
This report may contain certain forward looking statements and projections regarding estimated, resources and reserves; planned
production and operating costs profiles; planned capital requirements; and planned strategies and corporate objectives. Such forward
looking statements/projections are estimates for discussion purposes only and should not be relied upon as representation or warranty,
express or implied, of Tawana Resources NL and/or Alliance Mineral Assets Limited. They are not guarantees of future performance and
involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Tawana Resources NL and/or
Alliance Mineral Assets Limited. The forward looking statements/projections are inherently uncertain and may therefore differ materially
from results ultimately achieved.
Tawana Resources NL and/or Alliance Mineral Assets Limited does not make any representations and provides no warranties concerning
the accuracy of the projections, and disclaims any obligation to update or revise any forward looking statements/projects based on new
information, future events or otherwise except to the extent required by applicable laws. While the information contained in this report
has been prepared in good faith, neither Tawana Resources NL and/or Alliance Mineral Assets Limited or any of their directors, officers,
agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or
correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted
by law, none of Tawana Resources NL and/or Alliance Mineral Assets Limited, their directors, employees or agents, advisers, nor any
other person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect
of, the accuracy or completeness of the information or for any of the opinions contained in this announcement or for any errors, omissions
or misstatements or for any loss, howsoever arising, from the use of this announcement.
Appendix A
Table 1| Drill Summary, Deeper Extensional Holes with Pegmatite Intercepts
Easting Northing RL Depth From To Width Pegmatite
Hole ID Azm Dec. Type
m m m m m m m Type
LRC0036 421620 6512000 300 160 90 -60 RC 133 135 2 Ta
LRC0046 421960 6512320 283 100 90 -60 RC 70 74 4 Ta
LRC0077 421880 6512360 284 156 90 -60 RC 26 27 1 barren
74 79 5 Li, Ta
107 109 2 Ta
125 148 23 Li, Ta
LRC0078 421920 6512360 284 156 90 -60 RC 29 30 1 barren
66 94 28 Li, Ta
111 147 36 Li, Ta
LRC0079 421840 6512520 296 166 90 -60 RC 36 39 3 barren
120 122 2 Ta
LRC0080 6512600 421398 283 100 90 -60 RC 24 25 1 barren
27 29 2 barren
LRC0081 6512599 421281 282 102 90 -60 RC 3 5 2 Ta
12 13 1 barren
58 71 13 Li, Ta
76 84 8 Li, Ta
LRC0082 6512802 421479 285 114 90 -60 RC 0 1 1 barren
33 36 3 Ta
97 106 9 Li
LRC0083 6512879 421920 295 48 90 -60 RC 32 39 7 Li, Ta
LRC0084 6512881 421799 292 78 90 -60 RC 0 8 8 Li, Ta
20 27 7 Li, Ta
72 73 1 barren
LRC0085 6512880 421761 291 42 90 -60 RC 28 35 7 Li, Ta
LRC0086 6512918 421800 292 42 90 -60 RC 0 13 13 Ta
LRC0087 6512599 421319 282 96 90 -60 RC 58 67 9 Li
75 90 15 Li, Ta
LRC0088 6512600 421361 282 90 90 -60 RC 67 73 6 Li
75 90 15 Li, Ta
LRC0089 6512559 421282 281 96 90 -60 RC 45 46 1 barren
48 49 1 Ta
56 67 11 Li, Ta
LRC0090 6512562 421322 281 102 90 -60 RC 60 70 10 Li
76 83 7 Li
87 93 6 Li
94 95 1 Li
LRC0091 6512639 421281 282 96 90 -60 RC 54 64 10 Li
74 80 6 Li
LRC0092 6512638 421324 282 90 90 -60 RC 3 5 2 barren
54 62 8 Li, Ta
70 72 2 barren
74 81 7 Li
Easting Northing RL Depth From To Width Pegmatite
Hole ID Azm Dec. Type
m m m m m m m Type
LRC0093 6512521 421281 281 96 90 -60 RC 50 51 1 barren
53 63 10 Li, Ta
65 66 1 Li
71 72 1 Ta
74 85 11 Li
LRC0094 6512521 421359 282 108 90 -60 RC 71 72 1 barren
80 85 5 Li
90 91 1 barren
92 97 5 Li, Ta
LRC0095 421280 6512440 300 108 90 -60 RC 57 60 3 Li
64 66 2 Ta
79 86 7 Li, Ta
94 100 6 Li, Ta
LRC0106 420600 6516400 300 78 90 -60 RC 0 6 6 barren
LRC0107 420640 6516400 300 66 90 -60 RC 1 7 6 barren
LRC0108 420520 6516400 300 66 90 -60 RC 15 17 2 barren
LRC0109 420360 6516400 300 80 90 -60 RC 0 4 4 barren
33 37 4 barren
38 42 4 barren
LRC0110 419320 6516400 300 90 90 -60 RC 80 85 5 barren
LRC0111 419480 6516400 300 90 90 -60 RC 7 8 1 barren
32 36 4 barren
76 78 2 barren
LRC0112 419560 6516400 300 80 90 -60 RC 7 11 4 barren
30 39 9 barren
43 47 4 barren
LRC0113 419640 6516400 300 80 90 -60 RC 3 7 4 barren
LRC0116 419880 6516400 300 80 90 -60 RC 29 31 2 barren
LRC0117 420000 6516400 300 80 90 -60 RC 24 29 5 barren
LRC0118 420040 6516400 300 84 90 -60 RC 55 57 2 barren
LRC0119 420080 6516400 300 80 90 -60 RC 43 47 4 Ta
LRC0120 420120 6516400 300 80 90 -60 RC 22 23 1 barren
LRC0123 421800 6512840 291 40 90 -60 RC 25 34 9 Li, Ta
LRC0124 421840 6512840 292 42 90 -60 RC 7 8 1 barren
21 39 18 Li, Ta
LRC0125 421880 6512840 294 40 90 -60 RC 0 2 2 barren
21 31 10 Li, Ta
LRC0127 421926 6512840 295 40 90 -60 RC 30 37 7 Li, Ta
LRC0128 421960 6512840 296 40 90 -60 RC 29 38 9 Li, Ta
LRC0129 421840 6512880 293 40 90 -60 RC 11 25 14 Li, Ta
LRC0130 421880 6512880 296 40 90 -60 RC 14 22 8 Li, Ta
LRC0131 421840 6512920 293 30 90 -60 RC 2 23 21 Li, Ta
LRC0132 421865 6512920 296 30 90 -60 RC 14 25 11 Li, Ta
LRC0133 421800 6512760 290 60 90 -60 RC 39 45 6 Li, Ta
LRC0134 421680 6512720 288 120 270 -60 RC 75 81 6 Li
93 99 6 Li
LRC0135 421840 6512760 291 60 90 -60 RC 23 33 10 Li, Ta
LRC0136 421880 6512760 292 60 90 -60 RC 35 45 10 Ta
LRC0137 421920 6512760 294 60 90 -60 RC 34 36 2 Ta
49 56 7 Li, Ta
LRC0138 421960 6512760 296 66 90 -60 RC 57 63 6 Li, Ta
LRC0139 421800 6512720 290 60 90 -60 RC 46 53 7 Li, Ta
Easting Northing RL Depth From To Width Pegmatite
Hole ID Azm Dec. Type
m m m m m m m Type
LRC0140 421840 6512720 291 84 90 -60 RC 29 43 14 Li, Ta
LRC0141 421840 6512685 290 80 90 -60 RC 33 43 10 Li, Ta
LRC0142 421720 6512720 288 100 90 -60 RC 51 56 5 Li, Ta
65 72 7 Li, Ta
LRC0143 421800 6512480 296 120 90 -60 RC 52 75 23 Li, Ta
80 90 10 Li, Ta
LRC0144 421840 6512480 296 100 90 -60 RC 24 26 2 Ta
60 82 22 Li, Ta
85 91 6 Li, Ta
93 94 1 Li, Ta
LRC0145 421800 6512520 296 120 90 -60 RC 57 58 1 Li, Ta
71 78 7 Li, Ta
LRC0146 421840 6512520 296 166 90 -60 RC 53 89 36 Li, Ta
154 160 6 Li, Ta
LRC0147 421520 6512600 284 160 90 -60 RC 68 75 7 Ta
LRC0148 421800 6512560 296 120 90 -60 RC 57 81 24 Li, Ta
LRC0149 421760 6512600 297 140 90 -60 RC 26 27 1 Ta
84 94 10 Li, Ta
LRC0150 421800 6512600 297 90 90 -60 RC 64 77 13 Li, Ta
LRC0201 421840 6512600 297 80 90 -60 RC 63 72 9 Li, Ta
LRC0202 421760 6512640 296 120 90 -60 RC 22 23 1 barren
70 82 12 Li, Ta
LRC0203 421800 6512640 297 120 90 -60 RC 26 27 1 Ta
65 69 4 Ta
LRC0204 6512478 421801 296 108 0 -90 RC 57 63 6 Li, Ta
79 85 6 Li, Ta
98 106 8 Li, Ta
LRC0205 6512479 421799 296 110 270 -60 RC 31 32 1 Ta
67 77 10 Li, Ta
LRC0206 6512519 421800 296 80 0 -90 RC 21 22 1 Ta
58 65 7 Li, Ta
LRC0207 6512558 421757 296 72 0 -90 RC 35 38 3 Ta
62 68 6 Li, Ta
LRC0208 6512357 421840 285 170 90 -60 RC 45 51 6 Li, Ta
65 68 3 Li, Ta
80 89 9 Li, Ta
110 124 14 Li, Ta
152 168 16 Li, Ta
LRC0209 6512360 421800 285 175 90 -60 RC 11 12 1 Ta
50 57 7 Li, Ta
71 78 7 Li, Ta
92 97 5 Li, Ta
100 112 12 Li, Ta
129 133 4 Li
162 169 7 Li, Ta
LRC0210 6512394 421842 286 163 90 -60 RC 11 12 1 barren
45 55 10 Li,Ta
69 72 3 Ta
77 83 6 Ta
86 87 1 barren
119 120 1 barren
123 127 4 Ta
151 157 6 Li, Ta
LRC0211 6512394 421802 286 175 90 -60 RC 48 58 10 Li, Ta
77 87 10 Li,Ta
Easting Northing RL Depth From To Width Pegmatite
Hole ID Azm Dec. Type
m m m m m m m Type
93 94 1 Li
99 101 2 Li,Ta
104 112 8 Li,Ta
122 125 3 Ta
160 167 7 Li, Ta
LRC0212 6512320 422041 284 109 90 -60 RC 50 52 2 Li, Ta
83 100 17 Li, Ta
LRC0213 6512315 422000 298 121 90 -60 RC 10 11 1 barren
54 56 2 Ta
90 110 20 Li, Ta
LRC0214 6512318 421800 222 193 90 -60 RC 70 78 8 Li, Ta
104 120 16 Li, Ta
164 170 6 Li, Ta
ro 182 183 1 Ta
184 185 1 barren
LRC0215 6512321 421721 247 205 90 -60 RC 21 24 3 Ta
83 89 6 Ta
111 119 8 Li, Ta
120 122 2 Li
LRC0251 6512719 421939 294 66 90 -60 RC 6 9 3 Li, Ta
50 62 12 Li, Ta
LRC0252 6512718 421901 293 60 90 -60 RC 15 17 2 Ta
41 52 11 Li, Ta
LRC0253 6512719 421858 291 42 90 -60 RC 19 32 13 Li, Ta
38 39 1 Li, Ta
40 41 1 Li, Ta
LRC0254 6512719 421822 290 54 90 -60 RC 38 46 8 Li, Ta
LRC0255 421880 6512680 291 66 90 -60 RC 24 40 16 Li, Ta
42 60 18 Li, Ta
LRC0256 421860 6512680 300 74 90 -60 RC 29 40 11 Li, Ta
41 43 2 barren
LRC0257 421840 6512680 290 69 270 -60 RC 53 66 13 Li, Ta
LRC0258 421980 6512760 300 70 90 -60 RC 30 33 3 Li, Ta
62 65 3 Ta
LRC0259 421940 6512760 300 66 90 -60 RC 0 9 9 Ta
38 41 3 Li, Ta
52 61 9 Li, Ta
LRC0260 421900 6512760 300 60 90 -60 RC 7 9 2 Ta
31 42 11 Li, Ta
LRC0261 421860 6512760 300 60 90 -60 RC 17 40 23 Li, Ta
LRC0262 421820 6512760 300 46 90 -60 RC 30 39 9 Li, Ta
LRC0263 421940 6512800 300 45 90 -60 RC 0 2 2 Ta
33 40 7 Li, Ta
LRC0264 421900 6512800 300 44 90 -60 RC 26 33 7 Li, Ta
34 36 2 Ta
LRC0265 421860 6512800 300 46 90 -60 RC 27 40 13 Li, Ta
LRC0266 421820 6512800 300 40 90 -60 RC 24 33 9 Li, Ta
LRC0267 421940 6512840 300 41 90 -60 RC 20 21 1 Ta
28 34 6 Li, Ta
LRC0268 421900 6512840 300 37 90 -60 RC 20 31 11 Li, Ta
Notes 1) The true width of pegmatites are generally considered 85-95% of the intercept width.
2) Only pegmatite intercepts of 1m or more in width are included.
Table 2| Notable Lithium and Tantalum Intercepts
From To Interval Li2O Ta2O5 Nb2O5 SnO2
Hole ID
m m m % ppm ppm ppm
LRC0036 134 135 1 0.07 293 122 235
LRC0046 70 74 4 0.12 345 112 182
LRC0077 74 79 5 0.53 341 109 232
107 109 2 0.05 353 112 127
125 130 5 0.25 1832 972 142
incl 126 128 2 0.14 4170 2247 182
132 136 4 0.93 240 97 133
incl 132 134 2 1.67 269 97 165
136 148 12 2.38 226 142 155
incl 136 141 5 1.47 376 262 114
and 143 147 4 4.2 104 36 240
and 146 148 2 2.62 217 54 196
LRC0078 66 94 28 0.71 296 120 156
incl 66 70 4 1.61 574 216 267
and 80 88 8 1.01 245 99 166
111 114 3 0.14 245 129 130
115 116 1 0.44 1672 408 229
138 146 8 0.65 919 313 204
LRC0079 120 122 2 0.02 321 136 206
LRC0081 3 4 1 0.03 1800 2111 58
59 71 12 1.36 70 83 197
78 81 3 0.99 123 119 118
LRC0082 33 34 1 0.12 156 21 62
99 100 1 0.98 73 50 193
LRC0083 32 37 5 1.04 235 76 307
incl 32 35 3 1.61 197 74 246
LRC0084 0 8 8 0.44 290 74 191
21 26 5 1.52 317 173 218
LRC0085 30 32 2 1.49 333 100 126
LRC0086 4 5 1 0.06 150 50 56
7 13 6 0.06 215 62 315
LRC0087 59 65 6 1.08 104 112 245
incl 60 62 2 1.71 91 90 147
75 78 3 0.51 251 172 141
82 89 7 1.32 99 87 130
LRC0088 68 71 3 1.81 52 54 177
71 72 1 0.07 150 114 60
76 82 6 0.85 91 84 135
88 89 1 0.20 172 165 86
LRC0089 48 49 1 0.17 154 172 149
57 61 4 0.64 129 114 165
62 67 5 0.24 369 378 131
LRC0090 60 61 1 0.31 154 193 155
62 64 2 1.55 111 100 171
67 68 1 0.61 148 157 52
76 79 3 0.89 92 82 79
80 81 1 0.40 104 86 97
88 90 2 1.66 80 64 102
94 95 1 0.32 59 36 159
LRC0091 56 63 7 0.75 53 64 91
incl 56 57 1 1.61 79 107 116
and 61 62 1 1.76 31 36 97
74 78 4 1.03 95 93 135
LRC0092 57 58 1 0.13 209 107 118
58 59 1 1.14 77 93 142
74 80 6 1.01 97 82 99
incl 76 78 2 1.73 100 86 118
LRC0093 55 63 8 1.26 127 96 225
incl 55 59 4 1.92 163 135 179
From To Interval Li2O Ta2O5 Nb2O5 SnO2
Hole ID
m m m % ppm ppm ppm
65 66 1 0.61 34 36 236
71 72 1 0.08 179 129 52
78 85 7 0.92 59 72 97
incl 80 83 3 1.39 68 86 93
LRC0094 81 85 4 0.71 57 69 97
incl 81 82 1 1.75 72 100 159
92 96 4 1.40 159 76 140
incl 93 95 2 2.28 272 93 182
LRC0095 58 59 1 0.36 60 36 568
64 65 1 0.08 170 93 61
80 83 3 2.52 145 162 184
84 85 1 0.34 53 57 72
94 98 4 1.45 163 185 102
LRC0119 46 47 1 0.05 326 113 89
LRC0123 26 33 7 1.40 256 200 196
LRC0124 21 33 12 0.89 311 176 196
incl 27 32 5 1.40 241 137 152
36 38 2 0.94 117 107 212
LRC0125 21 22 1 0.07 311 133 185
22 31 9 1.16 207 135 226
LRC0127 30 33 3 0.39 251 116 286
32 34 2 1.26 153 92 278
36 39 3 0.16 234 96 168
LRC0128 30 31 1 0.08 222 143 171
34 37 3 1.35 217 153 398
LRC0129 11 15 4 0.06 285 97 146
16 24 8 1.16 239 145 215
LRC0130 15 22 7 0.60 237 116 244
incl 17 21 4 0.96 240 123 216
LRC0131 2 23 21 0.59 218 79 189
incl 7 11 4 1.33 208 72 217
and 13 17 4 1.35 188 83 149
LRC0132 14 25 11 1.02 247 84 224
incl 16 22 6 1.29 224 84 192
LRC0133 39 42 3 1.65 114 72 196
42 45 3 0.16 319 69 193
LRC0134 76 78 2 1.82 81 79 165
94 99 5 1.32 70 60 109
LRC0135 25 32 7 1.21 683 319 215
incl 28 29 1 0.19 1833 909 297
and 29 32 3 2.41 419 248 222
LRC0136 37 38 1 0.12 410 186 170
40 41 1 0.01 197 50 105
42 45 3 0.17 480 119 204
incl 44 45 1 0.43 739 143 295
LRC0137 35 36 1 0.22 243 36 206
49 56 7 0.29 310 97 257
LRC0138 58 63 5 0.9 342 119 197
LRC0139 46 50 4 0.76 108 92 142
incl 49 50 1 1.80 65 64 151
50 53 3 0.14 368 100 281
LRC0140 30 31 1 0.01 190 72 104
32 33 1 0.43 104 29 112
LRC0141 33 40 7 0.83 152 84 215
41 42 1 0.06 316 93 415
42 43 1 0.5 59 21 302
LRC0142 52 53 1 0.3 85 50 119
66 67 1 0.2 435 157 549
67 72 5 0.9 144 77 166
LRC0143 52 53 1 4
0.4 103 36 171
58 59 1 0.3 10 14 122
1
From To Interval Li2O Ta2O5 Nb2O5 SnO2
Hole ID
m m m % ppm ppm ppm
63 69 6 0.7 219 89 103
incl 66 68 2 4
1.8 184 79 135
71 75 4 3
0.5 264 69 104
80 81 1 8
0.1 243 57 141
81 83 2 4
0.4 76 36 135
86 89 3 3
0.1 317 114 245
LRC0144 24 26 2 0.0 484 57 107
62 79 17 0.7 191 104 138
incl 63 67 4 8
1.4 379 226 177
68 69 1 0.1 205 114 213
69 70 1 9
0.6 112 36 113
71 79 8 5
0.7 133 74 98
79 82 3 2
0.1 267 69 116
85 91 6 3
0.5 281 94 224
incl 85 87 2 2
1.1 193 76 315
93 94 1 9
0.3 197 86 702
LRC0145 57 58 1 6
0.5 65 43 300
71 77 6 1.5 163 102 152
incl 73 76 3 9
2.4 164 103 161
LRC0146 61 73 12 4
2.2 179 73 271
incl 63 68 5 3.5 90 54 371
and 72 73 1 5
1.1 1072 343 474
74 89 15 1
0.2 439 102 126
incl 74 78 4 8
0.6 164 76 124
and 80 82 2 1
0.4 1665 258 217
156 158 2 2
0.3 70 32 86
158 160 2 4
0.1 236 72 132
LRC0147 69 75 6 4
0.1 220 76 80
LRC0148 59 79 20 1.3 106 49 144
incl 60 61 1 3.2 370 143 538
77 81 4 8
0.3 229 100 88
LRC0149 26 27 1 0.0 558 72 226
84 86 2 0.3 172 76 93
incl 85 86 1 1
0.5 167 86 121
87 89 2 7
0.4 57 40 103
92 94 2 5
0.0 956 143 159
LRC0150 65 73 8 2
0.7 78 69 161
incl 69 72 3 1.1 58 62 113
75 77 2 2
0.1 278 86 124
LRC0201 63 72 9 9
1.1 552 176 169
incl 63 64 1 0.2 2208 572 168
and 64 69 5 5
1.8 402 150 171
LRC0202 70 77 7 5
1.5 134 49 212
79 82 3 0.3 447 90 171
incl 80 81 1 3
0.5 883 150 232
LRC0203 26 27 1 5
0.0 181 21 359
66 68 2 0.0 618 255 431
incl 66 67 1 5
0.0 1043 415 608
LRC0204 57 62 5 3
0.3 229 83 105
79 82 3 1.0 85 57 135
82 84 2 5
0.1 259 86 107
98 106 8 1
0.8 129 109 118
and 99 103 4 6
1.1 173 152 110
LRC0205 31 32 1 0.0 407 57 135
67 77 10 1.8 392 117 218
incl 70 76 6 0
2.7 467 130 226
LRC0206 21 22 1 0.0 1459 186 279
58 62 4 0.2 257 72 51
61 65 4 7
0.4 133 57 85
LRC0207 35 36 1 5
0.0 275 29 112
62 66 4 0.0 303 94 95
9
From To Interval Li2O Ta2O5 Nb2O5 SnO2
Hole ID
m m m % ppm ppm ppm
66 67 1 0.7 89 43 469
LRC0208 45 51 6 6
0.6 792 266 243
incl 46 47 1 1.2 2593 744 420
66 67 1 5
0.6 335 129 193
84 87 3 4
0.0 350 100 75
111 124 13 2
0.6 119 89 90
incl 112 114 2 6
1.2 247 104 114
152 168 16 6
0.1 222 89 173
incl 157 163 6 9
0.3 216 89 187
LRC0209 11 12 1 0
0.0 338 64 146
52 57 5 1.2 291 89 222
71 78 7 6
1.0 143 60 189
93 97 4 1
0.3 214 126 126
100 111 11 6
1.8 135 124 149
incl 103 108 5 8
2.8 132 149 124
164 167 3 5
0.1 210 100 79
LRC0210 45 55 10 5
1.2 104 31 120
incl 46 50 4 2.7 158 41 229
70 72 2 0
0.1 414 114 116
78 80 2 2
0.2 167 79 182
82 83 1 1
0.2 333 43 110
123 127 4 4
0.1 335 72 138
151 157 6 5
1.5 168 69 138
incl 155 157 2 3
3.7 49 21 239
LRC0211 49 53 4 0
1.1 112 36 202
77 87 10 0.5 223 94 168
incl 77 84 7 9
0.8 185 94 207
93 94 1 0
0.4 33 29 243
99 100 1 2
0.0 375 193 71
100 101 1 9
0.3 123 86 97
104 105 1 0.4 54 36 108
109 111 2 2
0.5 107 140 69
122 125 3 1
0.1 425 205 130
160 167 7 7
0.7 232 82 149
incl 160 164 4 0
1.0 207 77 166
LRC0212 50 52 2 8
0.2 284 129 146
83 87 4 0.2 310 166 119
86 90 4 7
0.8 107 97 67
91 92 1 5
0.1 186 50 32
92 95 3 2
1.2 49 50 70
98 100 2 0
0.0 236 72 150
LRC0213 54 55 1 9
0.0 259 79 171
92 97 5 0.1 213 165 97
96 107 11 9
1.1 159 137 122
incl 97 100 3 2
1.7 92 79 160
and 103 107 4 8
1.2 164 187 119
107 108 1 5
0.2 153 86 57
108 109 1 0
0.3 79 57 77
7
LRC0214 71 77 6 1.4 359 167 184
incl 71 72 1 0
4.4 74 29 359
and 71 74 3 7
2.2 326 122 272
77 78 1 3
0.2 295 100 157
104 117 13 1.0 137 97 109
incl 105 113 8 0
1.3 140 84 128
119 120 1 0.1 221 86 76
164 165 1 7
0.1 239 207 103
166 169 3 2
0.8 484 74 112
incl 167 168 1 0
1.2 985 79 177
182 183 1 7
0.0 267 100 188
5
From To Interval Li2O Ta2O5 Nb2O5 SnO2
Hole ID
m m m % ppm ppm ppm
LRC0215 22 23 1 0.0 665 122 108
83 89 6 0.0 268 117 150
111 119 8 7
0.8 162 116 88
LRC0251 6 7 1 3
0.6 29 14 653
7 9 2 0.1 228 79 164
50 62 12 1
0.9 346 103 258
incl 51 55 4 2
1.7 296 99 273
LRC0252 15 16 1 8
0.1 346 122 131
42 45 3 0.5 230 89 324
46 52 6 0
0.1 432 86 149
incl 50 51 1 6
0.1 1239 122 380
LRC0253 19 32 13 3
1.7 318 132 224
incl 20 30 10 2.1 372 157 237
38 39 1 5
0.3 168 43 100
40 41 1 0.3 164 72 149
LRC0254 38 43 5 5
1.2 120 87 171
44 45 1 0.0 220 79 132
LRC0255 24 37 13 6
0.8 320 112 182
incl 24 27 3 2.6 360 133 389
38 40 2 0
0.5 201 79 362
42 43 1 4
0.0 295 72 94
43 45 2 7
0.3 131 54 146
48 60 12 5
0.1 247 73 159
LRC0256 30 40 10 7
1.2 182 76 203
incl 30 36 6 1.7 171 74 194
LRC0257 53 54 1 8
0.2 201 86 133
54 66 12 2.0 116 62 194
incl 55 59 4 9
3.5 100 69 279
and 61 64 3 8
2.4 175 79 164
LRC0258 30 33 3 5
0.5 573 162 222
62 65 3 0.0 525 129 222
LRC0259 0 1 1 5
0.0 154 21 52
38 41 3 0.3 271 74 305
52 61 9 2
0.6 204 74 194
incl 53 56 3 6
1.6 160 67 229
LRC0260 7 9 2 2
0.1 234 69 204
32 42 10 0.7 245 67 188
incl 36 41 5 7
1.1 211 59 155
LRC0261 22 40 18 3
0.5 249 84 161
incl 29 37 8 1.1 186 90 188
LRC0262 30 31 1 0
0.4 48 21 281
32 37 5 1.4 211 97 152
LRC0263 0 1 1 8
0.0 192 29 349
33 34 1 0.1 154 57 271
34 38 4 8
0.7 239 59 179
incl 35 36 1 1
1.3 123 50 187
38 39 1 7
0.0 239 86 177
LRC0264 26 33 7 8
0.8 362 100 243
incl 28 32 4 1.4 451 135 203
34 36 2 1
0.2 477 76 199
LRC0265 29 40 11 1.6 197 102 136
incl 29 37 8 2.0 191 100 154
LRC0266 24 33 9 5
0.5 239 103 185
incl 28 29 1 1.1 592 286 178
LRC0267 20 21 1 1
0.0 463 43 159
28 34 6 0.4 240 70 301
incl 30 31 1 1.2 188 64 251
LRC0268 22 31 9 8
0.7 291 97 283
incl 23 28 5 1.0 278 106 287
7
Notes
1) Only intercepts of 0.3% Li2O or 150ppm Ta2O5 considered significant.
Appendix B
Section 1 Sampling Techniques and Data
Criteria JORC Code Explanation Commentary
Sampling Nature and quality of sampling (e.g. cut channels, Reverse Circulation Drilling, 1m samples
techniques random chips, or specific specialised industry collected
standard measurement tools appropriate to the
minerals under investigation, such as down hole
Samples jaw crushed and riffle split to 2-2.5kg
gamma sondes, or handheld XRF instruments, etc.).
These examples should not be taken as limiting the for pulverizing to 80% passing 75 microns.
broad meaning of sampling.
Prepared samples are fused with sodium peroxide
Include reference to measures taken to ensure and digested in dilute hydrochloric acid. The
sample representivity and the appropriate resultant solution is analysed by ICP, by Nagrom.
calibration of any measurement tools or systems
used.
Certified standards. Field duplicates submitted at
Aspects of the determination of mineralisation that irregular intervals at the rate of approximately
are Material to the Public Report. In cases where 1:25.
‘industry standard’ work has been done this would
be relatively simple (e.g. ‘reverse circulation Check assays yet to be undertaken.
drilling was used to obtain 1 m samples from which
3 kg was pulverised to produce a 30 g charge for Nagrom is an independent laboratory with
fire assay’). In other cases more explanation may
extensive experience with Tantalum and Lithium
be required, such as where there is coarse gold
that has inherent sampling problems. Unusual analysis and has ISO9001:2008 accreditation.
commodities or mineralisation types (e.g.
submarine nodules) may warrant disclosure of
detailed information.
Drilling Drill type (e.g. core, reverse circulation, open-hole RC drilling conducted in line with general
techniques hammer, rotary air blast, auger, Bangka, sonic, industry standards.
etc.) and details (e.g. core diameter, triple or
standard tube, depth of diamond tails, face- Approx. 98% of RC drill holes are angled. Approx.
sampling bit or other type, whether core is 2% of RC drill holes are vertical
oriented and if so, by what method, etc.).
Drill sample Method of recording and assessing core and chip Chip recovery or weights for RC drilling were not
recovery sample recoveries and results assessed. conducted.
Measures taken to maximise sample recovery and Each metre of drill sample recovery and moisture
ensure representative nature of the samples. content is visually estimated and recorded.
Whether a relationship exists between sample
recovery and grade and whether sample bias may Opportunity for sample bias is considered
have occurred due to preferential loss/gain of negligible for dry samples.
fine/coarse material.
Logging Whether core and chip samples have been Geological logs exist for all drill holes with
geologically and geotechnically logged to a level of lithological codes via an established reference
detail to support appropriate Mineral Resource legend.
estimation, mining studies and metallurgical
studies. Drill holes have been geologically logged in their
Whether logging is qualitative or quantitative in entirety. Where logging was detailed the
nature. Core (or costean, channel, etc.) subjective indications of spodumene content
photography
The total length and percentage of the relevant Assays have generally only been submitted
intersections logged. through and adjacent to the pegmatites.
Criteria JORC Code Explanation Commentary
Sub-sampling If core, whether cut or sawn and whether quarter, RC samples were collected at 1m intervals and
techniques half or all core taken. riffle or cone split on-site to produce a
and sample If non-core, whether riffled, tube sampled, rotary subsample less than 5kg.
preparation split, etc. and whether sampled wet or dry.
For all sample types, the nature, quality and The RC drilling samples are considered robust for
appropriateness of the sample preparation sampling the spodumene and tantalite
technique. mineralisation.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of Most samples were dry.
samples.
Measures taken to ensure that the sampling is Sampling is in line with general sampling
representative of the in situ material collected, practices.
including for
instance results for field duplicate/second-half Field duplicates, laboratory standards and
sampling. laboratory repeats are used to monitor analyses.
Whether sample sizes are appropriate to the grain
size of Sample size for RC drilling is considered
the material being sampled. appropriate.
Quality of The nature, quality and appropriateness of the The assay technique is considered to be robust as
assay data assaying and laboratory procedures used and the method used (see above) offers total
and whether the technique is considered partial or dissolution of the sample and is useful for
laboratory total. mineral matrices that may resist acid digestions.
tests For geophysical tools, spectrometers, handheld XRF
instruments, etc., the parameters used in Standards and duplicates were submitted in
determining the analysis including instrument make varying frequency throughout the exploration
and model, reading times, calibrations factors campaign and internal laboratory standards,
applied and their derivation, etc. duplicates and replicates are used for
Nature of quality control procedures adopted (e.g. verification
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy
(i.e. lack of bias) and precision have been
established.
Verification The verification of significant intersections by Twinning of holes undertaken to date show good
of sampling either independent or alternative company continuity
and assaying personnel.
The Ta and Li assays show a marked correlation
The use of twinned holes. with the pegmatite intersections via elevated
downhole grades.
Documentation of primary data, data entry
procedures, data verification, data storage Drill logs exist for all holes as both electronic
(physical and electronic) protocols. files and hardcopy.
Discuss any adjustment to assay data. All drilling data has been loaded to a database
and validated prior to use.
Location of Accuracy and quality of surveys used to locate drill Collar coordinates are currently only
data points holes (collar and down-hole surveys), trenches, approximate and considered accurate to within
mine workings and other locations used in Mineral 4m measured using hand held GPS. Accurate
Resource estimation. surveying using RTK DGPS is currently being
undertaken on site. Hole collars have been
Specification of the grid system used. preserved until completion of survey.
Quality and adequacy of topographic control.
Criteria JORC Code Explanation Commentary
Data spacing Data spacing for reporting of Exploration Results. Drilling has been conducted on a 40m x 40m grid,
and with a 140m x 80m area drilled out at 20m x
distribution Whether the data spacing and distribution is 20m.
sufficient to establish the degree of geological and
grade continuity appropriate for the Mineral The spacing of holes is considered of sufficient
Resource and Ore Reserve estimation procedure(s) density to provide an ‘Indicated’ Mineral
and classifications applied. Resource estimation and classification.
Whether sample compositing has been applied. There has been no sample compositing.
Orientation Whether the orientation of sampling achieves The majority of drilling is angled. Some vertical
of data in unbiased sampling of possible structures and the holes have been drilled in areas where access is
relation to extent to which this is known, considering the limited.
geological deposit type.
structure If the relationship between the drilling orientation The lithium tantalite-bearing pegmatites are
and the orientation of key mineralised structures is generally flat to shallowly dipping in nature. The
considered to have introduced a sampling bias, this true width of pegmatites are generally
should be assessed and reported if material. considered 85-95% of the intercept width, with
minimal opportunity for sample bias.
Sample The measures taken to ensure sample security. The RC samples are taken from the rig by
security experienced personal and stored securely and
transport to the laboratory by a registered
courier and handed over by signature.
Audits or The results of any audits or reviews of sampling No audits have been undertaken to date.
reviews techniques and data.
Section 2 Reporting of Exploration Results
Criteria Explanation Commentary
Mineral Type, reference name/number, The portfolio of mineral tenements, comprising mining leases,
tenement and location and ownership including exploration licences, prospecting licences, miscellaneous
land tenure agreements or material issues with licences, a general-purpose lease, and a retention lease are
status third parties such as joint ventures, in good standing.
partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
The security of the tenure held at
the time of reporting along with any
known impediments to obtaining a
licence to operate in the area.
Exploration Acknowledgment and appraisal of Alluvial tantalite has been mined periodically from the early
done by other exploration by other parties. 1970s.
parties Gwalia Consolidated Limited undertook exploration for
tantalite-bearing pegmatites from 1983-1998. Work included
mapping, costeaning, and several phases of drilling using RAB,
RC, and diamond methods. The work identified mineral
resources that were considered uneconomic at the time.
Haddington entered agreement to develop the resource and
mining
- commenced in 2001 and continued until 2005.
- Haddington continued with exploration until 2009.
Living Waters acquired the project in 2009 and continued
with limited exploration to the north of the main pit area.
Criteria Explanation Commentary
Geology Deposit type, geological setting and The Bald Hill area is underlain by generally north-striking,
style of mineralisation. steeply dipping Archaean metasediments (schists and
greywackes) and granitoids.
Felsic porphyries and pegmatite sheets and veins have
intruded the Archaean rocks. Generally, the pegmatites
parallel the regional foliation, occurring as gently dipping
sheets and as steeply dipping veins.
The pegmatites vary in width and are generally comprised
quartz-albite- muscovite-spodumene in varying amounts.
Late-stage albitisation in the central part of the main outcrop
area has resulted in fine- grained, banded, sugary pegmatites
with visible fine-grained, disseminated tantalite. A thin
hornfels characterised by needle hornblende crystals is often
observed in adjacent country rocks to the pegmatite.
Intrusives. Tantalite generally occurs as fine disseminated
crystals commonly associated with fine-grained albite zones,
or as coarse crystals associated with cleavelandite.
Weathering of the pegmatites yields secondary mineralised
accumulations in alluvial/eluvial deposits.
Drill hole A summary of all information Only results for drill holes that have intercepted lithium and
Information material to the understanding of the or tantalum pegmatites of 1m or more in width that have
exploration results including a been assayed for lithium have been included in the release.
tabulation of the following
information for all Material drill All drill hole details are contained in Table 1 and 2 of the
holes: release.
• easting and northing of the
drill hole collar
• elevation or RL (Reduced
Level – elevation above sea
level in metres) of the drill
hole collar
• dip and azimuth of the hole
• down hole length and
interception depth
• 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 In reporting Exploration Results, No cutting to intercept grades has been undertaken.
aggregation weighting averaging techniques,
methods maximum and/or minimum grade Assays are report as pure elements such as Li, Ta, Nb, Sn and
truncations (e.g. cutting of high converted to oxides using atomic formulas.
grades) and cut-off grades are
usually Material and should be Reported intervals in Table 1 and 2 represent the aggregation
stated. of the intercepts containing samples of at least 0.3% Li2O
Where aggregate intercepts and/or 150ppm Ta2O5, lower grade zones are included
incorporate short lengths of high adjacent to higher grade zones where the grade varies
grade results and longer lengths of significantly from the average of the entire width of the
low grade results, the procedure mineralised pegmatite. Only lithium, tin, niobium and
used for such aggregation should be tantalum oxide results are tabled, other potential by-products
stated and some typical examples of are currently considered to be insignificant in economic
such aggregations should be shown in importance.
detail.
The assumptions used for any
reporting of metal equivalent values
should be clearly stated.
Criteria Explanation Commentary
Relationship These relationships are particularly The majority of drilling is angled. Some vertical holes have
between important in the reporting of been drilled in areas where access is limited.
mineralisation Exploration Results.
widths and The lithium tantalite-bearing pegmatites are generally flat to
intercept If the geometry of the mineralisation shallowly dipping in nature. The true width of pegmatites are
lengths with respect to the drill hole angle is generally considered 85-95% of the intercept width, with
known, its nature should be reported minimal opportunity for sample bias.
If it is not known and only the down
hole lengths are reported, there
should be a clear statement to this
effect (e.g. ‘down hole length, true
width not known’).
Diagrams Appropriate maps and sections (with Drilling locations are shown on figure 1 of the release.
scales) and tabulations of intercepts
should be included for any significant
discovery being reported These
should include, but not be limited to
a plan view of drill hole collar
locations and appropriate sectional
views.
Balanced Where comprehensive reporting of Results for all drill holes that have intercepted lithium
reporting all Exploration Results is not pegmatites that have been assayed for lithium have been
practicable, representative reporting included in the release.
of both low and high grades and/or
widths should be practiced to avoid
misleading reporting of Exploration
Results.
Other Other exploration data, if meaningful The metallurgical test work for spodumene referred to in the
substantive and material, should be reported release was undertaken by Nagrom. Nagrom has extensive
exploration data including (but not limited to):
experience with Tantalum and Lithium extraction testwork
geological observations; geophysical
survey results; geochemical survey and has ISO9001:2008 accreditation. Results have been
results; bulk samples – size and reported without interpretation.
method of treatment; metallurgical
test results; bulk density,
groundwater, geotechnical and rock
characteristics; potential deleterious
or contaminating substances.
Further work The nature and scale of planned Further RC and diamond drilling is warranted at the various
further work (e.g. tests for lateral deposits to explore for additional resources and improve the
extensions or depth extensions or understanding of the current resources prior to mining.
large-scale step-out drilling).
Diagrams clearly highlighting the
areas of possible extensions,
including the main geological
interpretations and future drilling
areas, provided this information is
not commercially sensitive.
3 March 2017
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 03/03/2017 09:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
