03 Aug - 37 min read

Exploration ramps up at the Okiep Copper Project following exercise of Option to Purchase

Exploration ramps up at the Okiep Copper Project following exercise of Option to Purchase

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


Exploration ramps up at the Okiep Copper Project following exercise of Option to Purchase


Twin, infill and step-out drilling to commence along the Koperberg-Carolusberg line to verify historical
near-surface drill results and prepare for resource estimation


-   A review of historical (Newmont/Goldfields-era) near-surface drilling has identified high-priority targets
    at Koperberg West, and East, all located along the Koperberg-Carolusberg line at the Okiep Copper
    Project (OCP).

-   Historical intersections to be validated with twin and infill drilling to prepare for estimation of Mineral
    Resources.

-   Step-out drilling will also be conducted to follow the mineralisation along strike and down dip of
    historical drilling.

-   Ongoing SkyTEMTM survey now close to 70% complete for the Orion priority OCP area, with early results
    indicating new anomalies with similar geophysical signatures as seen on known large deposits at the
    OCP.

Orion’s Managing Director and CEO, Errol Smart, commented on the results:

“Following our successful due diligence programs at the OCP over the past six months, which examined and
validated approximately 25% of the historical Newmont/Goldfields-era Okiep Copper Company (OCC)
estimates of un-mined mineralisation and enabled us to report Mineral Resources totalling 11.5Mt at 1.4% Cu for
159,000 tonnes of contained copper (refer ASX/JSE release 29 March 2021), we are now pressing ahead with
confirmation drilling to validate the remaining database, initially targeting near-surface mineralisation close to
major infrastructure and existing mine development.

“The first drill targets are on the historical Koperberg-Carolusberg line, where the OCC database that we have
acquired reports high-grade intercepts. These high-grade surface showings are unmined below 40m depth
and sit on a line of workings that mine records show to have produced more than 38 million tonnes grading
1.54% Cu down to 1,900m depth and where the Carolusberg Deeps (16Mt mine at 2.05% Cu head grade)
ceased mining with high-grade mineralisation reported to continue below the workings (refer ASX/JSE release
21 May 2021).

“It is important to note that Carolusberg Deeps, the largest deposit mined in the OCP district, had similar or less-
conspicuous expression at surface than the Koperberg bodies that we will be targeting. Some lenses at
Carolusberg pinched out completely down dip before opening again to massive 200m-diameter high-grade
pipes at depth.

“While the upcoming drilling campaign is largely aimed at validating a portion of the large database of known
mineralisation, our ongoing SkyTEMTM survey is providing very exciting initial indicators for high-priority targets for
undiscovered mineralisation. Our unprocessed survey data is already indicating strong conductors located
along structural corridors with magnetic features characteristic of the mafic intrusives that host the
mineralisation at the OCP.”

“Field checking and detailed processing will commence next week following anticipated completion of flying
of the 150m line spaced survey area. The OCP area is heavily influenced by cultural features related to 170
years of intensive prospecting and mining that need to be identified and filtered out of the SkyTEMTM data
before conductors can be modelled and prioritised for drilling. However, initial indicators are strong that the
combined magnetic and electromagnetic data is successful in identifying known mineralisation, providing
strong encouragement for the use of these tools to identify new, possibly blind-to-surface mineralisation.”


Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) is pleased to announce that drilling will shortly
commence on the Koperberg – Carolusberg line at the recently-acquired Okiep Copper Project (OCP), where
historical Newmont/Goldfields-era drilling identified high-grade near-surface mineralisation that remains
unmined.

Twin, Infill and Step-Out Drilling on Koperberg targets

The drilling program is designed to validate two zones of mineralisation at Koperberg West and Koperberg East
(Figure 1), identified by high-density Newmont/Goldfields-era drilling, to prepare for the completion of Mineral
Resource estimates.

At Koperberg West (Figures 2 and 3), drilling will test the down-dip and strike extensions of a shallow glory hole
that has been mined to a depth of 35m below surface. At the un-mined Koperberg East body (Figures 4 and 5),
drilling will verify high-grade intersections returned from historical drilling.

Both drill targets lie within 3,000m of, and on the same structural feature that has been mined to 1,900m depth
at Carolusberg Deeps. Importantly, historical drilling from the north at Koperberg East may have missed down-
dip mineralisation (Figure 5). Mineralisation mined 2,000m to the east, along strike at Carolusberg Deeps
showed characteristic south-stepping down dip, en-echelon lenses (Figure 6).


New Okiep Exploration Company – Shallow Drill Targets


Figure 1: Drill Targets on the Koperberg - Carolusberg Lines.


Figure 2: Historical intersections and geological interpretation at Koperberg West to be infilled and traced along strike and down-dip.1


Figure 3: A typical cross section through historical drilling and mining at Koperberg West.1


1 Figure include images related to exploration modelling of the discovery. Indicative grade shell models generated in Leapfrog software
utilising the company’s geological model are provided for reference only.

The images of grade shell models are not an Exploration Target and do not contain nor indicate any estimate of potential size and grade
ranges for the discovery. No Mineral Resource estimate has been completed for the deposit at this time. The images of grade shells do not
represent an Exploration Target nor a Mineral Resource and should not be construed as such, in compliance with the JORC code.

                                                                                                                                               
Figure 4: Historical drilling at Koperberg East to be twinned, infilled and tested along strike and down dip.1


Figure 5: Koperberg East - A Cross section showing possible off-set mineralised lenses.1


Figure 6: Carolusberg Deeps cross section showing characteristic discontinuous and south stepping down dip, mineralisation lenses historically
          mined to 1,900m depth (after Lombaard, 1986).2


SkyTEMTM Survey Progress

The SkyTEMTM survey of the Okiep District (Figure 7) being undertaken in collaboration with the South African
Council for Geoscience has been hindered by exceptional storm weather over the past few weeks. Surveying
over the Orion priority OCP area is now nearing close to 70% completion. The line spacing for the priority area is
150m, whereas the regional line spacing is 1,000m.

Initial unprocessed data are showing encouraging magnetic (Figure 8) and electromagnetic (EM) anomalism
that will be investigated, with post processing and field checking to filter out the proliferation of cultural
features such as settlements, power lines and roads from the electromagnetic data. Modelled targets will then
be prioritised for ground EM and high resolution, low altitude drone magnetic surveys, before drill testing. High
grade mines, discovered by early miners including the Okiep Mine (that gave the district its name) and which
yielded 907,000 tonnes of sulphide ore at 21% copper, and Nababeeb South which yielded 816,000 tonnes at
5.5% copper are reported to have high magnetite and significant pyrhottite mineralisation which are expected
to yield anomalism to be detected in the SkyTEMTM magnetic and EM survey.


2 Source: Lombaard, A.F. and Exploration Department Staff of the O’Okiep Copper Company Limited (1986). The Copper Deposits of the
Okiep Copper District, Namaqualand. Annhaeusser, C.R. and Maske, S. (Eds.) Mineral Deposits of Southern Africa. Vols. I and II. Geol. Soc.
S. Afr., Johannesburg. pp 1421 – 1445.


Figure 7: Locality of SkyTEMTM survey currently underway (blue lines are high-resolution 150m line spacing).


Figure 8: Incomplete total magnetic intensity (TMI) image of completed survey area to date. Warm colours reflect higher magnetic
          susceptibility.


                                                                                                                                   
For and on behalf of the Board.




Errol Smart
Managing Director and CEO

3 August 2021


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@merchantec.co.za



Competent Persons Statement
The information in this report that relates to Exploration Results has been compiled under the supervision of Mr Errol Smart, a
Competent Person, who is registered with the South African Council for Natural Scientific Professionals, a ‘Recognised
Professional Organisation’ (RPO). Mr Smart is the Managing Director and CEO of Orion. Mr Smart has sufficient experience
that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken
to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves’. Mr Smart consents to the inclusion in the report of the matters based on his
information in the form and context in which it appears.

The Okiep Copper Project Mineral Resource is extracted from the report entitled “Orion further expands Mineral Resource at
the Okiep Copper Project, Flat Mines Area” created on 29 March 2021 and available to view at
https://www.orionminerals.com.au/investors/asx-jse-announcements. The Competent Person responsible for the original
report on the Mineral Resources was Dr Deon Vermaakt. Orion confirms that it is not aware of any new information or data
that materially affects the information included in the original market announcement and that all material assumptions and
technical parameters underpinning the Mineral Resource estimates in the relevant 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 from the original market announcement.


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: The following tables are provided to ensure compliance with the JORC Code (2012) requirements for the reporting of Exploration Results for
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          •   Diamond drilling was carried out by O’Okiep Copper Company
                             specific specialised industry standard measurement tools appropriate             (OCC) between 1953 and 1978, there is limited information available
                             to the minerals under investigation, such as down hole gamma sondes,             on sampling techniques for core.
                             or handheld XRF instruments, etc.). These examples should not be             •   Samples were taken over two-meter intervals adjusted to
                             taken as limiting the broad meaning of sampling.                                 accommodate geological contacts. OCC whole core was submitted
                         •   Include reference to measures taken to ensure sample representivity              to the lab (AX core size). A 10 cm representative core was archived
                             and the appropriate calibration of any measurement tools or systems              for each sample.
                             used.                                                                        •   Goldfields of South Africa (GFSA) drilled BQ size core. Core was cut
                         •   Aspects of the determination of mineralisation that are Material to the          with a core cutter at the core yard and half core submitted over the
                             Public Report.                                                                   entire sample interval.
                         •   In cases where ‘industry standard’ work has been done this would be
                             relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1
                             m samples from which 3 kg was pulverised to produce a 30 g charge
                             for fire assay’). In other cases more explanation may be required, such
                             as where there is coarse gold that has inherent sampling problems.
                             Unusual commodities or mineralisation types (e.g. submarine nodules)
                             may warrant disclosure of detailed information.
Drilling techniques      •   Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air     •   All intersections were by core drilling.
                             blast, auger, Bangka, sonic, etc.) and details (e.g. core diameter, triple   •   AX-size core was drilled by OCC. BX -size core was drilled by GFSA.
                             or standard tube, depth of diamond tails, face-sampling bit or other         •   Core orientation was not done.
                             type, whether core is oriented and if so, by what method, etc.)
Drill sample recovery    •   Method of recording and assessing core and chip sample recoveries            •   Core recoveries were measured for each "run".
                             and results assessed.                                                        •   No records exist for core recoveries on individual samples.
                         •   Measures taken to maximise sample recovery and ensure                        •   Intersections were in hard rock with good recoveries.. No sample bias
                             representative nature of the samples.                                            is anticipated through the mineralisation.
                         •   Whether a relationship exists between sample recovery and grade
                             and whether sample bias may have occurred due to preferential
                             loss/gain of fine/coarse material.

                                                                                                                                                                          
Criteria                  JORC Code explanation                                                         Commentary

Logging                   •   Whether core and chip samples have been geologically and                   •   All relevant intersections for surface holes have been logged by
                              geotechnically logged to a level of detail to support appropriate              qualified geologists and all of this information is available.
                              Mineral Resource estimation, mining studies and metallurgical studies.     •   No geotechnical information is available for the historical drill holes.
                          •   Whether logging is qualitative or quantitative in nature. Core (or         •   Core was not photographed.
                              costean, channel, etc.) photography.                                       •   Logs were recorded in the core yard on standard log sheets.
                          •   The total length and percentage of the relevant intersections logged.      •   Quantitative estimates were made of sulphide mineralogy.
                                                                                                         •   Core of the entire drill hole length was geologically logged and
                                                                                                             recorded on standardised log sheets by qualified geologists.

Sub-sampling              •   If core, whether cut or sawn and whether quarter, half or all core         •   The majority of the sample data are available.
techniques and                taken.                                                                     •   Whole core was sampled for assay.
sample preparation        •   If non-core, whether riffled, tube sampled, rotary split, etc. and         •   The entire sample length was submitted to the laboratory except for a
                              whether sampled wet or dry.                                                    10cm piece of core left as a reference. This is not considered good
                          •   For all sample types, the nature, quality and appropriateness of the           practice as samples will not be fully representative.
                              sample preparation technique.                                              •   Sample preparation was undertaken by the OCC Laboratory.
                          •   Quality control procedures adopted for all sub-sampling stages to          •   The sampling method was not fully representative due to the 10cm
                              maximise representivity of samples.                                            retained reference sample.
                          •   Measures taken to ensure that the sampling is representative of the in-    •   No duplicates were inserted.
                              situ material collected, including for instance results for field
                              duplicate/second-half sampling.
                          •   Whether sample sizes are appropriate to the grain size of the material
                              being sampled.

Quality of assay data     •   The nature, quality and appropriateness of the assaying and                •   No records exist for laboratory procedures for the OCC laboratory.
and laboratory tests          laboratory procedures used and whether the technique is considered         •   No geophysical tools, spectrometers or handheld XRF instruments
                              partial or total.                                                              were used.
                          •   For geophysical tools, spectrometers, handheld XRF instruments, etc.,      •   No record is available on quality control methods.
                              the parameters used in determining the analysis including instrument       •   OCC was managed by GFSA and operated successfully for many
                              make and model, reading times, calibrations factors applied and their          years. It is considered that they followed the industry standards at that
                              derivation, etc.                                                               time.
                          •   Nature of quality control procedures adopted (e.g. standards, blanks,
                              duplicates, external laboratory checks) and whether acceptable
                              levels of accuracy (i.e. lack of bias) and precision have been
                              established.

Verification of           •   The verification of significant intersections by either independent or     •   No records available on the verification of data.
sampling and                  alternative company personnel.                                             •   Twin holes were not drilled.
assaying                  •   The use of twinned holes.                                                  •   Exploration was managed by the OCC and GFSA exploration
                          •   Documentation of primary data, data entry procedures, data                     departments, consisting of qualified geologists.
                              verification, data storage (physical and electronic) protocols.            •   No adjustments to assay data were reported.
                          •   Discuss any adjustment to assay data.
Location of data points   •   Accuracy and quality of surveys used to locate drill holes (collar and     •   Drill hole collars were surveyed        by   qualified   surveyors   and
                              down-hole surveys), trenches, mine workings and other locations used           documented in a Survey Logbook.

                                                                                                                                                                         
Criteria                 JORC Code explanation                                                               Commentary

                             in Mineral Resource estimation.                                                  •   All surface and underground drill hole collars were surveyed by
                         •   Specification of the grid system used.                                               qualified surveyors using a theodolite.
                         •   Quality and adequacy of topographic control.                                     •   The historical mine survey data is in the old national LO17 Cape
                                                                                                                  Datum coordinate system.
                                                                                                              •   Orion is converting the local old national LO17 Cape system to the
                                                                                                                  current Hartebeeshoek94 survey system.
                                                                                                              •   Down-hole surveys were carried using an Eastman survey instrument
                                                                                                                  and documented and filed. Plans and sections were meticulously
                                                                                                                  plotted and signed off by a certified surveyor.

Data spacing and         •   Data spacing for reporting of Exploration Results.                               •   Original exploration holes were drilled, aiming to achieve a 60m by 30
distribution             •   Whether the data spacing and distribution is sufficient to establish the             m spacing, considered appropriate for Mineral Resource estimation of
                             degree of geological and grade continuity appropriate for the Mineral                this type of mineralisation.
                             Resource and Ore Reserve estimation procedure(s) and classifications             •   The SkyTEMTM line spacing for the priority area is 150m, whereas the
                             applied.                                                                             regional line spacing is 1,000m.
                         •   Whether sample compositing has been applied.

Orientation of data in   •   Whether the orientation of sampling achieves unbiased sampling of                •   Historical sampling is generally oriented perpendicular, or at a
relation to geological       possible structures and the extent to which this is known, considering               maximum achievable angle to, the attitude of the mineralisation.
structure                    the deposit type.                                                                •   As a result, most holes intersect the mineralisation at an acceptable
                         •   If the relationship between the drilling orientation and the orientation             angle.
                             of 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.                                    •   No details of sample security are available. However, during the
                                                                                                                  mining operations the site was fenced and gated with security
                                                                                                                  personnel employed as part of the staff.

Audits or reviews        •   The results of any audits or reviews of sampling techniques and data.            •   No audits and/or review records or documentation are available.


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 State and the
land tenure status           agreements or material issues with third parties such as joint ventures,             Minerals and Petroleum Development Act, 2002, (MPRDA) regulates
                             partnerships, overriding royalties, native title interests, historical sites,        the exploration and mining industry in South Africa.
                             wilderness or national park and environmental settings.                          •   A prospecting right, NC30/5/1/1/2/12357PR, in accordance with
                         •   The security of the tenure held at the time of reporting along with any              section 17 of the MPRDA was granted to Bulletrap Copper Co (Pty)
                             known impediments to obtaining a licence to operate in the area.                     Ltd (BCC) to prospect for a period of five years effective from 14
                                                                                                                  January 2021.
                                                                                                              •   The prospecting right was granted for the minerals copper and
                                                                                                                  tungsten ore in respect of the farms portion of Portion 10, portion of

                                                                                                                                                                           
Criteria                 JORC Code explanation                                                         Commentary

                                                                                                            Portion 9 and Portion 11 of the farm Brakfontein No. 133, portion of
                                                                                                            Portion 1 and portion of Portion 23 of the farm Melkboschkuil No 132,
                                                                                                            situated within the administrative district of Namaqualand. The total
                                                                                                            Area measures 2547,0791 Ha in extent.
                                                                                                        •   Section 102 applications are in process with the authorities to add 26
                                                                                                            minerals, including gold and silver.
                                                                                                        •   The Goegap Nature Reserve lies to the south and outside of the area.
                                                                                                            The area was mined historically for copper.
                                                                                                        •   Orion, recently acquired 100% of the project through the BCC-Orion
                                                                                                            Acquisition Agreement (refer ASX release 2 August 2021).
Exploration done by      •   Acknowledgment and appraisal of exploration by other parties.              •   Surface geological mapping are of high quality and detail.
other parties

Geology                  •   Deposit type, geological setting and style of mineralisation.              •   These copper deposits are part of the well-known Namaqualand
                                                                                                            Metamorphic Complex which consists primarily of meta-volcanic
                                                                                                            sedimentary and intrusive rock types.
                                                                                                        •   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 anorthosite, diorite and norite
                                                                                                            intermediate rock types.
                                                                                                        •   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 OCC has a long exploration and mining history and the geology is
                                                                                                            well known and under
                                                                                                        •   stood.

Drill hole Information   •   A summary of all information material to the understanding of the          •   Historically 265 holes were drilled totaling 32,190 metres, most are AQ
                             exploration results including a tabulation of the following information        except for NQ and BQ close to the collars
                             for all Material drill holes:                                              •   All drill hole collars were surveyed in the LO17 Cape survey system.
                             o easting and northing of the drill hole collar                            •   Down-hole surveys are available for the majority of the historical holes.
                             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.



                                                                                                                                                                        
Criteria                JORC Code explanation                                                            Commentary

                     
Data aggregation        •   In reporting Exploration Results, weighting averaging techniques,             •   Individual intersections were weighted by sample width.
methods                     maximum and/or minimum grade truncations (e.g. cutting of high                •   Mineralised sample lengths were erratically standardised at 1.0, 1.5
                            grades) and cut-off grades are usually Material and should be stated.             and 2.0 metres.
                        •   Where aggregate intercepts incorporate short lengths of high grade            •   Significant Intercepts (>= 1.0% Cu)are reported in table 1 with internal
                            results and longer lengths of low grade results, the procedure used for           waste dilution of max 3m @ 0.5% Cu.
                            such aggregation should be stated and some typical examples of                •   No truncations were applied.
                            such aggregations should be shown in detail.
                        •   The assumptions used for any reporting of metal equivalent values
                            should be clearly stated.

Relationship between    •   These relationships are particularly important in the reporting of            •   Historical sampling is generally oriented perpendicular, or at a
mineralisation widths       Exploration Results.                                                              maximum achievable angle to, the attitude of the mineralisation.
and intercept lengths   •   If the geometry of the mineralisation with respect to the drill hole angle    •   Generally drill hole inclinations ranged between -30° to -90°.
                            is known, its nature should be reported.
                        •   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 scales) and tabulations of                •   Numerous plans and cross-sections are available and were utilised
                            intercepts should be included for any significant discovery being                 during the geological and mineralisation modelling.
                            reported. These should include, but not be limited to a plan view of drill    •   All historical data is available as hard copies and is currently being
                            hole collar locations and appropriate sectional views.                            digitized and incorporated into a GIS system.
Balanced reporting      •   Where comprehensive reporting of all Exploration Results is not               •   In the Competent Person’s opinion, the Exploration Results reported in
                            practicable, representative reporting of both low and high grades                 this 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        •   Detailed surface maps and drill sections were extensively consulted
exploration data            including (but not limited to): geological observations; geophysical              and utilised in the understanding of geology and mineralisation.
                            survey results; geochemical survey results; bulk samples – size and           •   Regional and detailed geophysical maps (magnetic) were also
                            method of treatment; metallurgical test results; bulk density,                    consulted.
                            groundwater, geotechnical and rock characteristics; potential                 •   SkyTEMTM Survey of the Okiep District in progress. Initial unprocessed
                            deleterious or contaminating substances.                                          data is reported here showing encouraging magnetic and
                                                                                                              electromagnetic features that will be investigated further. The line
                                                                                                              spacing for the priority area is 150m, whereas the regional line spacing
                                                                                                              is 1,000m.

Further work            1. The nature and scale of planned further work (e.g. tests for lateral           •   Processing and field checking of SkyTEMTM survey once completed to
                           extensions or depth extensions or large-scale step-out drilling).                  filter out the proliferation of cultural features from the electromagnetic
                        2. Diagrams clearly highlighting the areas of possible extensions,                    data and identify/model targets. Modelled targets will then be
                           including the main geological interpretations and future drilling areas,           prioritised for ground EM and high resolution, low altitude drone                                                                                                                                                                        
                           provided this information is not commercially sensitive.                           magnetic surveys, before drill testing.
                                                                                                          •   Twinning of historical drill holes are needed in order to improve
                                                                                                              confidence in the historical data.
                                                                                                          •   Deeper mineralisation as well as potential strike extension mineralised
                                                                                                              lenses are potentially present and should be further investigated.
                                                                                                          •   Closely spaced drilling is required to bridge the gap at the northern
                                                                                                               end of the southern portion.



Table 1. Significant historical intercepts for all the Koperberg Prospects.

Significant Intercepts (>= 1.0% Cu) with internal waste dilution of max 3m @ 0.5% Cu.

Prospect          Hole ID      From (m)   To (m)     % Cu     Length (m)

Koperberg Central   KC018       175.26    179.22     1.12           3.96
Koperberg Central   KC020        81.38     88.39     1.11           7.01
Koperberg Central   KC020        99.67    108.51     1.20           8.84
Koperberg Central   KC021       127.41    137.16     2.26           9.75
Koperberg Central   KC064       106.68    115.82     1.74           9.14
Koperberg Central   KC066        91.74     97.23     1.10           5.49
Koperberg Central   KC122        55.17     63.70     1.11           8.53
Koperberg Central   KC167       123.44    141.12     1.72          17.68
Koperberg Central   KC167       154.23    155.45     1.33           1.22
Koperberg Central   KC168       163.07    164.59     1.25           1.52
Koperberg Central   KC171       133.20    137.16    31.67           3.96
Koperberg Central   KC171       140.82    148.44     1.56           7.62
Koperberg Central   KC171       158.19    162.46     2.03           4.27
Koperberg Central   KC173        54.86     56.08     1.51           1.22
Koperberg Central   KC176       149.96    162.15     2.48          12.19
Koperberg Central   KC182        46.33     47.55     1.87           1.22
Koperberg Central   KC184       176.78    185.62     2.09           8.84
Koperberg Central   KC186       162.76    172.52     1.86           9.75
Koperberg Central   KC187       197.51    199.03     1.08           1.52

                                                                                                                                                                                     
Prospect          Hole ID    From (m)    To (m)   % Cu Length (m)

Koperberg Central   KC187      203.00    206.35   1.05      3.35
Koperberg Central   KC191      165.81    173.74   1.37      7.92
Koperberg Central   KC193      119.48    142.34   1.25     22.86
Koperberg Central   KC193      169.47    172.21   1.19      2.74
Koperberg Central   KC208      169.77    178.92   1.44      9.14
Koperberg Central   KC208      184.71    193.24   1.22      8.53
Koperberg Central   KC210      124.05    135.64   1.71     11.58
Koperberg Central   KC212      128.63    145.39   1.97     16.76
Koperberg Central   KC216      107.29    118.26   1.23     10.97
Koperberg Central   KC217      121.62    125.88   1.67      4.27
Koperberg Central   KC217      131.67    137.16   1.57      5.49
Koperberg Central   KC219      132.28    133.50   1.40      1.22
Koperberg Central   KC219      142.65    146.61   3.92      3.96
Koperberg Central   KC222      115.82    131.37   1.04     15.54
Koperberg Central   KC222      134.72    144.78   1.52     10.06
Koperberg Central   KC223      138.68    150.27   2.23     11.58
Koperberg Central   KC226      166.42    170.08   2.05      3.66
Koperberg Central   KC226      173.74    180.14   2.00      6.40
Koperberg East      KE006       19.51     22.56   3.55      3.05
Koperberg East      KE006       25.60     31.70   2.78      6.10
Koperberg East      KE010        3.05     10.36   2.33      7.32
Koperberg East      KE011       39.93     45.72   3.44      5.79
Koperberg East      KE013       28.96     42.06   2.25     13.11
Koperberg East      KE014       62.48     64.01   3.07      1.52
Koperberg East      KE019       38.10     46.94   1.74      8.84
Koperberg East      KE020       37.49     41.15   1.51      3.66
Koperberg East      KE029        2.13      5.18   7.40      3.05
Koperberg East      KE030        0.00      3.05   7.85      3.05
Koperberg East      KE037       35.97     39.93   1.46      3.96
Koperberg East      KE050       31.00     41.20   1.26     10.20

                                                                      
Prospect       Hole ID   From (m)    To (m)    % Cu   Length (m)

Koperberg East   KE051      21.60     32.70    2.33     11.10
Koperberg East   KE051      34.70     36.30    1.22      1.60
Koperberg East   KE051      44.00     47.10    1.18      3.10
Koperberg East   KE053      12.00     15.50    1.40      3.50
Koperberg East   KE053      19.00     20.50    1.29      1.50
Koperberg East   KE056      51.40     53.20    3.55      1.80
Koperberg West   KW012      68.28     73.76    1.02      5.49
Koperberg West   KW014      26.21     32.61    1.18      6.40
Koperberg West   KW014      34.14     38.10    1.28      3.96
Koperberg West   KW015      62.48     65.53    1.93      3.05
Koperberg West   KW016      56.08     57.91    1.02      1.83
Koperberg West   KW016      60.35     62.18    1.51      1.83
Koperberg West   KW018      12.19     17.07    1.93      4.88
Koperberg West   KW019      35.05     42.67    2.09      7.62
Koperberg West   KW020      71.63     78.03    1.30      6.40
Koperberg West   KW025      25.20     31.90    1.82      6.70
Koperberg West   KW025      38.40     39.60    1.91      1.20
Koperberg West   KW026      32.00     33.30    1.16      1.30
Koperberg West   KW026      42.90     46.60    1.56      3.70
Koperberg West   KW027       8.80     26.80    1.57     18.00
Koperberg West   KW028      16.50     28.10    2.13     11.60
Koperberg West   KW029      10.20     13.90    1.41      3.70
Koperberg West   KW029      17.70     20.00    1.31      2.30
Koperberg West   KW030      12.10     23.10    1.71     11.00
Koperberg West   KW030      25.40     32.90    1.82      7.50
Koperberg West   KW031      21.10     42.60    1.66     21.50
Koperberg West   KW032      36.90     39.80    1.46      2.90
Koperberg West   KW032      58.70     60.10    1.29      1.40
Koperberg West   KW032      63.60     64.90    1.49      1.30
Koperberg West   KW034      35.90     39.50    2.58      3.60

                                                                  
Prospect       Hole ID   From (m)    To (m)    % Cu   Length (m)

Koperberg West   KW034      48.60     58.00    1.67      9.40
Koperberg West   KW035       0.00      4.30    2.11      4.30
Koperberg West   KW036       0.00     15.60    2.10     15.60
Koperberg West   KW037      24.20     30.60    1.35      6.40
Koperberg West   KW040      10.40     11.50    1.07      1.10
Koperberg West   KW040      15.70     19.00    1.14      3.30
Koperberg West   KW041      16.60     18.00    1.78      1.40
Koperberg West   KW042       7.00     15.40    1.27      8.40
Koperberg West   KW045      14.30     28.60    1.62     14.30
Koperberg West   KW047       4.80     17.80    1.58     13.00
Koperberg West   KW048      12.70     21.40    1.17      8.70
Koperberg West   KW051       0.00      5.90    1.84      5.90
Koperberg West   KW052       0.00     15.00    2.14     15.00
Koperberg West   KW053       0.00      9.80    3.25      9.80
Koperberg West   KW054       9.00     11.40    2.40      2.40
Koperberg West   KW055      30.70     35.40    1.67      4.70
Koperberg West   KW055      37.30     41.90    1.81      4.60
Koperberg West   KW058       8.90     12.60    3.25      3.70
Koperberg West   KW060      40.00     45.70    1.48      5.70
Koperberg West   KW061      24.50     25.60    1.04      1.10
Koperberg West   KW063      40.30     47.00    2.52      6.70
Koperberg West   KW064      13.70     19.50    1.86      5.80
Koperberg West   KW065       4.60     22.30    1.95     17.70
Koperberg West   KW066       8.50      9.90    2.09      1.40
Koperberg West   KW067       9.20     11.10    3.40      1.90
Koperberg West   KW067      30.90     32.80    1.88      1.90
Koperberg West   KW068      11.60     31.10    1.86     19.50
Koperberg West   KW069      14.40     19.70    1.85      5.30
Koperberg West   KW069      30.90     39.00    1.63      8.10
Koperberg West   KW070      12.60     18.30    1.22      5.70

 
Prospect          Hole ID   From (m)    To (m)    % Cu   Length (m)

Koperberg West      KW071       3.80      6.30    3.63      2.50
Koperberg West      KW071      19.20     21.60    1.88      2.40
Koperberg West      KW073      22.50     29.40    1.43      6.90
Koperberg West      KW073      30.60     34.60    2.03      4.00
Koperberg West      KW074      37.30     47.20    1.36      9.90
Koperberg West      KW075      22.60     24.60    2.99      2.00
Koperberg West      KW075      27.90     29.40    2.06      1.50
Koperberg West      KW076      26.30     29.80    1.74      3.50
Koperberg West      KW077       6.10     15.50    1.33      9.40
Koperberg West      KW078      13.50     20.40    2.42      6.90
Koperberg West      KW079      60.80     62.10    2.25      1.30
Koperberg West      KW080       9.00     16.60    2.24      7.60
Koperberg West      KW080      24.80     28.40    1.93      3.60
Koperberg West      KW080      33.80     40.50    1.44      6.70
Koperberg West      KW081       4.50      7.20    1.39      2.70
Koperberg West      KW081      19.50     28.00    1.42      8.50
Koperberg West      KW083      19.40     30.00    2.23     10.60
Koperberg West      KW085      46.80     49.20    1.37      2.40
Koperberg West      KW086       9.60     14.60    1.64      5.00
Koperberg West      KW088      14.50     15.80    1.02      1.30
Koperberg West      KW089       0.00      3.00    2.39      3.00
Koperberg West      KW090      18.70     23.00    1.24      4.30
Koperberg West      KW091      24.10     26.50    2.42      2.40
Koperberg West      KW091      31.80     36.80    1.24      5.00
Koperberg West      KW092      50.20     58.20    1.47      8.00
Koperberg West      KW094      43.70     51.40    1.15      7.70
Koperberg West      KW095      51.90     53.80    1.33      1.90
Koperberg West      KW096      42.20     47.40    2.68      5.20
Koperberg West Ext  KWE004    155.14    161.24    1.97      6.10
Koperberg West Ext  KWE004    165.20    170.99    1.81      5.79


Prospect            Hole ID   From (m)    To (m)   % Cu   Length (m)

Koperberg West Ext   KWE004     179.68    187.30   1.98      7.62
Koperberg West Ext   KWE007     95.10     100.89   1.11      5.79
Koperberg West Ext   KWE007     137.16    140.21   1.47      3.05
Koperberg West Ext   KWE007     144.78    156.06   1.29     11.28
Koperberg West Ext   KWE007     160.93    175.26   1.13     14.33
Koperberg West Ext   KWE007     176.48    186.84   1.11     10.36
Koperberg West Ext   KWE010     110.64    124.97   1.09     14.33
Koperberg West Ext   KWE014     106.98    112.17   1.34      5.18
Koperberg West Ext   KWE014     117.35    128.02   1.15     10.67
Koperberg West Ext   KWE014     130.45    131.98   1.66      1.52
Koperberg West Ext   KWE014     136.55    137.77   1.21      1.22
Koperberg West Ext   KWE015     128.02    135.64   1.72      7.62
Koperberg West Ext   KWE015     146.91    149.96   2.21      3.05
Koperberg West Ext   KWE017     110.95    112.17   1.90      1.22
Koperberg West Ext   KWE017     137.77    146.91   1.08      9.14
Koperberg West Ext   KWE017     172.21    174.35   2.26      2.13
Koperberg West Ext   KWE017     177.70    180.44   1.72      2.74
Koperberg West Ext   KWE017     186.23    195.68   1.10      9.45
Koperberg West Ext   KWE021     105.46    118.87   1.08     13.41
Koperberg West Ext   KWE027     61.57     63.70    1.15      2.13
Koperberg West Ext   KWE028     74.98     77.72    1.24      2.74
Koperberg West Ext   KWE028     85.04     86.87    1.50      1.83
Koperberg West Ext   KWE034     154.23    161.24   1.27      7.01
Koperberg West Ext   KWE034     169.16    182.27   2.03     13.11
Koperberg West Ext   KWE034     185.62    195.38   1.67      9.75
Koperberg West Ext   KWE036     208.48    211.53   1.50      3.05
Koperberg West Ext   KWE037     163.37    185.93   1.01     22.56
Koperberg West Ext   KWE039     137.46    145.08   1.04      7.62
Koperberg West Ext   KWE039     169.47    181.97   1.30     12.50
Koperberg West Ext   KWE039     184.40    187.15   2.54      2.74

                                                                  
Prospect            Hole ID    From (m)    To (m)        % Cu         Length (m)

Koperberg West Ext   KWE039      194.16    207.87        1.16           13.72
Koperberg West Ext   KWE042      155.45    170.38        1.25           14.94
Koperberg West Ext   KWE042      174.65    175.87        1.97            1.22
Koperberg West Ext   KWE043      143.56    146.61        1.03            3.05
Koperberg West Ext   KWE049       64.01     65.84        1.00            1.83
Koperberg West Ext   KWE057       75.90     77.11        1.05            1.22
Koperberg West Ext   KWE057       84.73     88.39        1.15            3.66
Koperberg West Ext   KWE057       99.36    103.33        1.09            3.96
Koperberg West Ext   KWE059      121.31     129.54       2.31            8.23



Table 2. Drill hole information for the Koperberg Prospects (LO17Cape coordinate system).


Prospect                Hole ID          Y              X             Z              Depth         Dip      Azimuth     Company    Type

Koperberg Central         KC016          92205.05      -3281107       1069.45      121.6152        -52        202         OCC     Diamond
Koperberg Central         KC018          92204.74      -3281054       1066.11      206.3496        -55        202         OCC     Diamond
Koperberg Central         KC019          92171.55      -3281117       1081.56      128.9304        -50        202         OCC     Diamond
Koperberg Central         KC020          92006.3       -3281011       1095.75       143.256        -45        202         OCC     Diamond
Koperberg Central         KC021          92006.32      -3281011       1095.75      183.4896        -65        202         OCC     Diamond
Koperberg Central         KC027          92006.33      -3281011       1095.75      264.2616        -80        202         OCC     Diamond
Koperberg Central         KC064          92006.3       -3281012       1095.45      135.3312        -55        202         OCC     Diamond
Koperberg Central         KC066          92006.3       -3281010       1095.29      115.2144        -35        202         OCC     Diamond
Koperberg Central         KC122          91852.74      -3281014       1109.31       75.8952        -40        209         OCC     Diamond
Koperberg Central         KC145          92006.4       -3281011       1095.55       201.168        -71        202         OCC     Diamond
Koperberg Central         KC163          92171.67      -3281080       1074.35      120.0912        -42        202         OCC     Diamond
Koperberg Central         KC164          92171.67      -3281080       1074.35      137.7696        -52        202         OCC     Diamond
Koperberg Central         KC167          92171.67      -3281080       1074.35      165.5064        -60        202         OCC     Diamond
Koperberg Central         KC168          92171.67      -3281079       1074.35      197.8152        -68        202         OCC     Diamond
Koperberg Central         KC171          92171.67      -3281079       1074.35      177.3936        -64        202         OCC     Diamond
Koperberg Central         KC173          92172.58      -3281118       1081.57        67.056        -31        202         OCC     Diamond
Koperberg Central         KC175          92200.61      -3281086       1068.37       173.736        -56        202         OCC     Diamond


Prospect          Hole ID     Y          X          Z          Depth      Dip    Azimuth   Company    Type

Koperberg Central   KC176     92200.61   -3281086   1068.49    186.5376   -60      202       OCC      Diamond
Koperberg Central   KC180     92200.61   -3281086   1068.49    158.496    -50      202       OCC      Diamond
Koperberg Central   KC182     92203.15   -3281131   1076.57    64.6176    -35      202       OCC      Diamond
Koperberg Central   KC184     92231.66   -3281075   1062.47    225.8568   -55      202       OCC      Diamond
Koperberg Central   KC186     92231.66   -3281076   1062.47    202.9968   -48      202       OCC      Diamond
Koperberg Central   KC187     92231.66   -3281075   1062.47    213.9696   -62      202       OCC      Diamond
Koperberg Central   KC188     92231.66   -3281076   1062.47    269.4432   -68      202       OCC      Diamond
Koperberg Central   KC191     92231.42   -3281076   1062.47    200.5584   -44      202       OCC      Diamond
Koperberg Central   KC193     92262.05   -3281133   1059.56    193.548    -62      202       OCC      Diamond
Koperberg Central   KC208     92323.28   -3281118   1053.61    217.932    -58      202       OCC      Diamond
Koperberg Central   KC210     92152.69   -3281068   1076.18    165.8112   -57.5    202       OCC      Diamond
Koperberg Central   KC211     92152.53   -3281069   1076.24    152.7048   -45      202       OCC      Diamond
Koperberg Central   KC212     92152.66   -3281068   1076.16    168.8592   -63      202       OCC      Diamond
Koperberg Central   KC213     92152.6    -3281069   1076.18    143.5608   -50      202       OCC      Diamond
Koperberg Central   KC214     92152.66   -3281068   1076.16    181.9656   -67.5    202       OCC      Diamond
Koperberg Central   KC215     92109.77   -3281033   1079.02    148.1328   -47.5    202       OCC      Diamond
Koperberg Central   KC216     92109.76   -3281033   1079.03     144.78    -40      202       OCC      Diamond
Koperberg Central   KC217     92109.77   -3281032   1079.02    151.1808   -54      202       OCC      Diamond
Koperberg Central   KC218     92109.7    -3281034   1079.06    148.7424   -30      202       OCC      Diamond
Koperberg Central   KC219     92109.74   -3281032   1078.95     167.64    -60      202       OCC      Diamond
Koperberg Central   KC220     92109.69   -3281032   1078.95    176.784    -65      202       OCC      Diamond
Koperberg Central   KC222     92171.67   -3281080   1074.35    164.8968   -46      202       OCC      Diamond
Koperberg Central   KC223     92171.67   -3281080   1074.35    165.5064   -62      202       OCC      Diamond
Koperberg Central   KC224     92171.67   -3281079   1074.35    207.264    -51.5    202       OCC      Diamond
Koperberg Central   KC225     92201.25   -3281122   1073.94    151.7904   -50      202       OCC      Diamond
Koperberg Central   KC226     92231.66   -3281075   1062.47    207.264    -51.5    202       OCC      Diamond
Koperberg Central   KC231     92205.18   -3281054   1065.72    220.3704   -62.5    202       OCC      Diamond
 Koperberg East     KE001     92612.65   -3281408   1059.489   108.204    -60      164       OCC      Diamond
 Koperberg East     KE002     92560.83   -3281435   1067.44    62.7888    -62      158       OCC      Diamond
 Koperberg East     KE003     92731.52   -3281383   1045.677    121.92    -75      278       OCC      Diamond

                                                                                                             
Prospect       Hole ID     Y          X          Z           Depth     Dip     Azimuth   Company    Type

Koperberg East   KE004     92731.46   -3281345   1037.698    121.92    -42      170       OCC      Diamond
Koperberg East   KE006     92487.68   -3281466   1084.092    121.92    -80      163       OCC      Diamond
Koperberg East   KE007     92481.59   -3281452   1081.373    121.92    -90       0        OCC      Diamond
Koperberg East   KE008     92520.01   -3281423   1066.739  108.8136    -40      159.5     OCC      Diamond
Koperberg East   KE009     92520.18   -3281423   1066.842   131.064    -55      159.5     OCC      Diamond
Koperberg East   KE010     92501.3    -3281459   1079.784    85.344    -35      159.5     OCC      Diamond
Koperberg East   KE011     92493.03   -3281437   1074.988   112.776    -40      159.5     OCC      Diamond
Koperberg East   KE012     92492.71   -3281436   1074.818    106.68    -60      159.5     OCC      Diamond
Koperberg East   KE013     92464.54   -3281447   1083.186   132.588    -40      159.5     OCC      Diamond
Koperberg East   KE014     92457.37   -3281427   1079.276    64.008    -40      159.5     OCC      Diamond
Koperberg East   KE015     92457.02   -3281427   1079.238   90.2208    -52.5    159.5     OCC      Diamond
Koperberg East   KE016     92450.91   -3281411   1077.211    160.02    -55      159.5     OCC      Diamond
Koperberg East   KE017     92471.69   -3281467   1087.368   76.5048    -40      159.5     OCC      Diamond
Koperberg East   KE018     92478.32   -3281484   1090.929   36.8808    -40      159.5     OCC      Diamond
Koperberg East   KE019     92438.32   -3281463   1092.008   94.7928    -40      159.5     OCC      Diamond
Koperberg East   KE020     92437.9    -3281463   1091.991  110.0328    -55      159.5     OCC      Diamond
Koperberg East   KE021     92444.61   -3281481   1095.464   69.7992    -40      159.5     OCC      Diamond
Koperberg East   KE022     92429.71   -3281442   1087.936    121.92    -50      159.5     OCC      Diamond
Koperberg East   KE023     92412.68   -3281482   1100.944   78.0288    -40      159.5     OCC      Diamond
Koperberg East   KE024     92412.4    -3281481   1100.833  112.1664    -60      159.5     OCC      Diamond
Koperberg East   KE025     92286.34   -3281484   1143.485    39.624    -40      159.5     OCC      Diamond
Koperberg East   KE026     92285.98   -3281484   1143.469  101.1936    -60      159.5     OCC      Diamond
Koperberg East   KE027     92285.93   -3281483   1143.43   124.3584    -70      159.5     OCC      Diamond
Koperberg East   KE028     92317.8    -3281483   1129.976     60.96    -40      159.5     OCC      Diamond
Koperberg East   KE029      92555     -3281428   1065.657   62.7888    -45      159.5     OCC      Diamond
Koperberg East   KE030     92586.56   -3281425   1064.391   51.5112    -50      159.5     OCC      Diamond
Koperberg East   KE031     92548.13   -3281405   1059.919   96.3168    -50      159.5     OCC      Diamond
Koperberg East   KE032     92575.75   -3281392   1056.049   115.824    -50      159.5     OCC      Diamond
Koperberg East   KE034     92638.52   -3281390   1054.308     60.96    -50      159.5     OCC      Diamond
Koperberg East   KE035     92667.58   -3281382   1051.016      76.2    -50      159.5     OCC      Diamond


Prospect       Hole ID     Y           X         Z           Depth     Dip   Azimuth   Company    Type

Koperberg East   KE036     92693.6    -3281364   1044.821    106.68    -50    159.5     OCC      Diamond
Koperberg East   KE037     92714.26   -3281326   1035.762   120.7008   -55    159.5     OCC      Diamond
Koperberg East   KE038     92705.57   -3281300   1033.046   94.1832    -65    159.5     OCC      Diamond
Koperberg East   KE039     92687.68   -3281340   1041.047     76.2     -70    159.5     OCC      Diamond
Koperberg East   KE040     92734.06   -3281289   1030.474   121.0056   -45    159.5     OCC      Diamond
Koperberg East   KE041     92761.9    -3281281   1028.918   121.0056   -55    159.5     OCC      Diamond
Koperberg East   KE042     92786.06   -3281259   1027.441   120.396    -55    159.5     OCC      Diamond
Koperberg East   KE043     92280.91   -3281555   1159.665   37.00272   -45    339.5     OCC      Diamond
Koperberg East   KE044     92290.47   -3281584   1162.867    152.5     -50    339.5     OCC      Diamond
Koperberg East   KE045     92029.7    -3281709   1176.719    120.1     -70    339.5     OCC      Diamond
Koperberg East   KE046     92043.66   -3281743   1171.165    113.5     -70    339.5     OCC      Diamond
Koperberg East   KE047     92139.19   -3281557   1191.512     200      -77    339.5     OCC      Diamond
Koperberg East   KE048     92437.94   -3281463   1092.071     82.7     -48    159.5     OCC      Diamond
Koperberg East   KE049     92441.19   -3281472   1093.784     69.6     -41    159.5     OCC      Diamond
Koperberg East   KE050     92464.41   -3281447   1083.115     75.4     -50    159.5     OCC      Diamond
Koperberg East   KE051     92471.08   -3281456   1084.494     65.3     -40    159.5     OCC      Diamond
Koperberg East   KE052     92492.86   -3281436   1074.817     79.4     -49    159.5     OCC      Diamond
Koperberg East   KE053     92497.93   -3281449   1077.582     60.3     -40    159.5     OCC      Diamond
Koperberg East   KE054     92308.85   -3281544   1147.237     94.8     -60     15       OCC      Diamond
Koperberg East   KE055     92226.66   -3281539   1177.793     68       -50     90       OCC      Diamond
Koperberg East   KE056     92225.8    -3281539   1178.022     81       -90     90       OCC      Diamond
Koperberg East   KE057     92135.26   -3281551   1191.32     130.8     -55     75       OCC      Diamond
Koperberg East   KE058     92134.58   -3281551   1191.388     116      -87     75       OCC      Diamond
Koperberg East   KE059     92159.94   -3281602   1192.183    161.2     -75    340       OCC      Diamond
Koperberg East   KE060     92077.98   -3281787   1168.914    139.5     -70    338       OCC      Diamond
Koperberg East   KE061     92080.34   -3281841   1158.267    144.5     -70    339       OCC      Diamond
Koperberg East   KE062     92570.66   -3281171   1039.543    910.3     -75    159.5     OCC      Diamond
Koperberg West   KW001     91096.98   -3281348    965.34     305.1     -70    348       OCC      Diamond
Koperberg West   KW002     91096.98   -3281348    965.34     297.18    -55    348       OCC      Diamond
Koperberg West   KW003     90984.07   -3281179    1010.9     132.9     -90     0        OCC      Diamond

                                                                                                         
Prospect       Hole ID     Y           X         Z          Depth     Dip     Azimuth   Company    Type

Koperberg West   KW004     91017.53   -3281226   1017.9    286.512    -90      161.5     OCC      Diamond
Koperberg West   KW005     91017.98   -3281226   1017.9      38.1     -45      137       OCC      Diamond
Koperberg West   KW006     91126.24   -3281171   978.39     91.44                        OCC      Diamond
Koperberg West   KW007     91006.82   -3281210   1012.78    85.344    -80      157       OCC      Diamond
Koperberg West   KW008     91007.33   -3281211   1012.74   53.0352    -45      137       OCC      Diamond
Koperberg West   KW011     90998.87   -3281216   1013.47   87.1728    -45      161.5     OCC      Diamond
Koperberg West   KW012     90987.08   -3281185   1011.43   110.0328   -45      161.5     OCC      Diamond
Koperberg West   KW013     90986.93   -3281184   1011.43   117.9576   -63      161.5     OCC      Diamond
Koperberg West   KW014     90946.31   -3281251   1014.69   66.4464    -45      161.5     OCC      Diamond
Koperberg West   KW015     90936.95   -3281227   1011.28   90.2208    -45      161.5     OCC      Diamond
Koperberg West   KW016     90936.86   -3281227   1011.22   71.9328    -35      161.5     OCC      Diamond
Koperberg West   KW017     90936.74   -3281227   1011.14    97.536    -57.5    161.5     OCC      Diamond
Koperberg West   KW018     90952.13   -3281265   1017.26    39.624    -35      161.5     OCC      Diamond
Koperberg West   KW019     90889.81   -3281274   1013.91   74.9808    -45      161.5     OCC      Diamond
Koperberg West   KW020     90878.71   -3281246   1009.71   106.0704   -45      161.5     OCC      Diamond
Koperberg West   KW021     90878.66   -3281246   1009.6    125.5776   -60      161.5     OCC      Diamond
Koperberg West   KW022     90826.92   -3281280   1014.95   89.3064    -45      161.5     OCC      Diamond
Koperberg West   KW023     90770.75   -3281302   1023.25   76.8096    -45      161.5     OCC      Diamond
Koperberg West   KW024     90760.35   -3281274   1018.21   72.8472    -45      161.5     OCC      Diamond
Koperberg West   KW025     90918.54   -3281264   1013.85     55.7     -40      161.5     OCC      Diamond
Koperberg West   KW026     90918.55   -3281263   1013.71     64.5     -58      161.5     OCC      Diamond
Koperberg West   KW027     90924.47   -3281279   1022.16     36.1     -40      161.5     OCC      Diamond
Koperberg West   KW028     90924.34   -3281279    1022       36.5     -57      161.5     OCC      Diamond
Koperberg West   KW029     90981.86   -3281258   1017.81     30.9     -40      161.5     OCC      Diamond
Koperberg West   KW030     90981.56   -3281257   1017.71     44.9     -74      161.5     OCC      Diamond
Koperberg West   KW031     90977.2    -3281244   1016.7      53.7     -64      161.5     OCC      Diamond
Koperberg West   KW032     90970.4    -3281226   1014.24     75.4     -58      161.5     OCC      Diamond
Koperberg West   KW033     90970.34   -3281226   1014.21     86.9     -72      161.5     OCC      Diamond
Koperberg West   KW034     90970.48   -3281226   1014.27     65.8     -49      161.5     OCC      Diamond
Koperberg West   KW035     91031.66   -3281218   1019.55     30       -40      161.5     OCC      Diamond


Prospect       Hole ID     Y           X         Z        Depth    Dip  Azimuth   Company    Type

Koperberg West   KW036     91031.29   -3281217   1019.34   30.9    -90    161.5     OCC      Diamond
Koperberg West   KW037     91021.69   -3281190   1005.89    45     -40    161.5     OCC      Diamond
Koperberg West   KW038     91021.44   -3281190   1005.71   60.1    -55    161.5     OCC      Diamond
Koperberg West   KW039     91021.37   -3281190   1005.65   70.8    -64    161.5     OCC      Diamond
Koperberg West   KW040     91055.48   -3281193   1005.7    30.5    -40    161.5     OCC      Diamond
Koperberg West   KW041     91055.65   -3281194   1005.89   40.3    -57    161.5     OCC      Diamond
Koperberg West   KW042     91090.85   -3281202   1000.77   19.5    -30    161.5     OCC      Diamond
Koperberg West   KW043     91090.53   -3281201   1000.38   24.5    -60    161.5     OCC      Diamond
Koperberg West   KW044     91090.39   -3281200   1000.16   24.7    -77    161.5     OCC      Diamond
Koperberg West   KW045     91070.71   -3281190   1000.77   30.4    -10    161.5     OCC      Diamond
Koperberg West   KW046     91071.22   -3281192   1001.57   30.6    -40    161.5     OCC      Diamond
Koperberg West   KW047     91039.15   -3281193   1007.01    25     -10    161.5     OCC      Diamond
Koperberg West   KW048     91038.86   -3281192   1006.46   28.1    -40    161.5     OCC      Diamond
Koperberg West   KW049     91038.76   -3281192   1006.26   33.3    -60    161.5     OCC      Diamond
Koperberg West   KW050     91038.67   -3281191   1006.15    45     -71    161.5     OCC      Diamond
Koperberg West   KW051     91031.64   -3281218   1019.44    12     -55    161.5     OCC      Diamond
Koperberg West   KW052     91030.07   -3281216   1019.04   22.4    -55    -18.5     OCC      Diamond
Koperberg West   KW053     91017.93   -3281227   1017.97   30.8    -30    161.5     OCC      Diamond
Koperberg West   KW054     91017.61   -3281226   1017.79   40.8    -57    161.5     OCC      Diamond
Koperberg West   KW055     91010.37   -3281203   1011.11   49.3    -40    161.5     OCC      Diamond
Koperberg West   KW056     91010.12   -3281203   1011.01   60.3    -60    161.5     OCC      Diamond
Koperberg West   KW057     91010.01   -3281202   1010.85   72.5    -77    161.5     OCC      Diamond
Koperberg West   KW058     91010.53   -3281204   1011.11   45.3    -31    161.5     OCC      Diamond
Koperberg West   KW059     91010.08   -3281202   1010.97    91     -71    161.5     OCC      Diamond
Koperberg West   KW060     91010.18   -3281203   1011.16    54     -50    161.5     OCC      Diamond
Koperberg West   KW061     91014.56   -3281214   1015.2    29.6    -40    161.5     OCC      Diamond
Koperberg West   KW062     90987.38   -3281185   1011.67   99.5    -53    161.5     OCC      Diamond
Koperberg West   KW063     90997.42   -3281210   1014.02   63.4    -54    161.5     OCC      Diamond
Koperberg West   KW064     91003.22   -3281229   1015.89   36.2    -45    161.5     OCC      Diamond
Koperberg West   KW065     91008.39   -3281242   1017.81   24.6    -45    161.5     OCC      Diamond

                                                                                                       
Prospect       Hole ID     Y           X         Z          Depth   Dip     Azimuth   Company    Type

Koperberg West   KW066     91001.02   -3281222   1014.41    36.5    -45      161.5     OCC      Diamond
Koperberg West   KW067     91000.88   -3281221    1014.1    45.2    -60      161.5     OCC      Diamond
Koperberg West   KW068     90990.17   -3281236   1015.52    40.8    -40      161.5     OCC      Diamond
Koperberg West   KW069     90989.92   -3281235   1015.31     50     -60      161.5     OCC      Diamond
Koperberg West   KW070     90994.61   -3281249   1017.32    36.5    -40      161.5     OCC      Diamond
Koperberg West   KW071     91025.93   -3281201    1010.9    31.7    -50      161.5     OCC      Diamond
Koperberg West   KW072     90984.77   -3281222   1014.71     65     -55      161.5     OCC      Diamond
Koperberg West   KW073     90962.9    -3281250   1016.09    44.5    -40      161.5     OCC      Diamond
Koperberg West   KW074     90962.75   -3281249   1016.01    54.4    -60      161.5     OCC      Diamond
Koperberg West   KW075     90934.71   -3281262   1015.62    41.5    -40      161.5     OCC      Diamond
Koperberg West   KW076     90934.57   -3281262   1015.41     57     -60      161.5     OCC      Diamond
Koperberg West   KW077     90967.57   -3281263   1018.67    30.1    -40      161.5     OCC      Diamond
Koperberg West   KW078     90938.69   -3281273   1019.56    32.5    -40      161.5     OCC      Diamond
Koperberg West   KW079     90956.45   -3281233   1013.93    76.1    -52.5    161.5     OCC      Diamond
Koperberg West   KW080     90910.24   -3281284   1022.04     51     -65      161.5     OCC      Diamond
Koperberg West   KW081     90909.91   -3281283   1022.02     40     -37      161.5     OCC      Diamond
Koperberg West   KW082     90956.34   -3281232   1013.96    79.1    -65      161.5     OCC      Diamond
Koperberg West   KW083     90899.41   -3281298   1023.05     36     -70      161.5     OCC      Diamond
Koperberg West   KW084     90899.74   -3281299   1023.18     25     -40      161.5     OCC      Diamond
Koperberg West   KW085     90890.01   -3281274   1014.29    66.3    -57.5    161.5     OCC      Diamond
Koperberg West   KW086     90898.35   -3281298   1023.11     26     -50      339.7     OCC      Diamond
Koperberg West   KW087     90874.74   -3281276   1013.46    70.2    -55      161.5     OCC      Diamond
Koperberg West   KW088     90898.51   -3281298   1023.09     32     -72.5    -17.9     OCC      Diamond
Koperberg West   KW089     90880.83   -3281292   1020.82     48     -42.5    161.5     OCC      Diamond
Koperberg West   KW090     90874.84   -3281276   1013.27     53     -40      161.5     OCC      Diamond
Koperberg West   KW091     90934.69   -3281262   1015.45     46     -50      161.5     OCC      Diamond
Koperberg West   KW092     90934.47   -3281261   1015.58    79.5    -72.5    161.5     OCC      Diamond
Koperberg West   KW093     90903.29   -3281265   1012.806   73.9    -70      161.5     OCC      Diamond
Koperberg West   KW094     90903.45   -3281265   1012.989   57.8    -47.5    161.5     OCC      Diamond
Koperberg West   KW095     90880.66   -3281269   1012.477    66     -52.5    161.5     OCC      Diamond

                                                                                                        
Prospect            Hole ID    Y           X         Z           Depth     Dip   Azimuth   Company    Type

Koperberg West       KW096     90880.84   -3281270   1012.483     60       -40    161.5     OCC      Diamond
Koperberg West       KW097     90890.66   -3281296   1021.966     48       -70    161.5     OCC      Diamond
Koperberg West Ext   KWE001    90519.64   -3281187   1034.36    183.1848   -48    180       OCC      Diamond
Koperberg West Ext   KWE002    90519.62   -3281187   1034.33    230.4288   -60    180       OCC      Diamond
Koperberg West Ext   KWE003    90444.13   -3281248   1040.59     137.16    -40    180       OCC      Diamond
Koperberg West Ext   KWE004    90444.1    -3281247   1040.46    215.1888   -70    180       OCC      Diamond
Koperberg West Ext   KWE005    90444.77   -3281225   1036.08    253.5936   -70    180       OCC      Diamond
Koperberg West Ext   KWE006    90444.08   -3281247   1040.66    201.4728   -60    180       OCC      Diamond
Koperberg West Ext   KWE007    90444.06   -3281247   1040.59    204.216    -66    180       OCC      Diamond
Koperberg West Ext   KWE008    90413.98   -3281264   1034.53    77.1144    -50    180       OCC      Diamond
Koperberg West Ext   KWE009    90413.65   -3281235   1029.17    138.684    -50    180       OCC      Diamond
Koperberg West Ext   KWE010    90413.56   -3281212   1026.42    198.4248   -50    180       OCC      Diamond
Koperberg West Ext   KWE011    90413.58   -3281185   1022.96    229.8192   -50    180       OCC      Diamond
Koperberg West Ext   KWE012    90413.6    -3281160   1021.74    274.6248   -50    180       OCC      Diamond
Koperberg West Ext   KWE013    90382.78   -3281250   1024.38    131.3688   -50    180       OCC      Diamond
Koperberg West Ext   KWE014    90382.77   -3281226   1023.02    186.2328   -50    180       OCC      Diamond
Koperberg West Ext   KWE015    90383.17   -3281201   1021.96    213.9696   -50    180       OCC      Diamond
Koperberg West Ext   KWE016    90383.14   -3281176   1019.33     243.84    -50    180       OCC      Diamond
Koperberg West Ext   KWE017    90413.42   -3281197   1024.62    213.9696   -50    180       OCC      Diamond
Koperberg West Ext   KWE018    90352.56   -3281249   1023.77    82.6008    -50    180       OCC      Diamond
Koperberg West Ext   KWE019    90352.54   -3281225   1020.65    93.2688    -50    180       OCC      Diamond
Koperberg West Ext   KWE020    90352.77   -3281195   1018.74    128.6256   -48    180       OCC      Diamond
Koperberg West Ext   KWE021    90352.86   -3281176   1018.44    134.112    -50    180       OCC      Diamond
Koperberg West Ext   KWE022    90352.82   -3281152   1016.74     167.64    -50    180       OCC      Diamond
Koperberg West Ext   KWE023    90322.16   -3281233   1018.37     60.96     -50    180       OCC      Diamond
Koperberg West Ext   KWE024    90291.82   -3281200   1014.96    78.0288    -40    180       OCC      Diamond
Koperberg West Ext   KWE025    90322.27   -3281207   1017.19     92.964    -50    180       OCC      Diamond
Koperberg West Ext   KWE026    90291.85   -3281199    1014.7    91.7448    -60    180       OCC      Diamond
Koperberg West Ext   KWE027    90322.28   -3281184   1016.07    140.208    -50    180       OCC      Diamond
Koperberg West Ext   KWE028    90291.76   -3281172    1013.8    115.824    -55    180       OCC      Diamond

                                                                                                             
Prospect            Hole ID    Y           X         Z           Depth     Dip     Azimuth   Company    Type

Koperberg West Ext   KWE029    90322.17   -3281159   1015.08    183.7944   -50      180       OCC      Diamond
Koperberg West Ext   KWE030    90322.26   -3281158   1015.12    157.5816   -59      180       OCC      Diamond
Koperberg West Ext   KWE031    90291.78   -3281171    1013.8    122.5296   -70      180       OCC      Diamond
Koperberg West Ext   KWE032    90468.1    -3281233    1040.9     167.64    -50      180       OCC      Diamond
Koperberg West Ext   KWE033    90468.17   -3281207   1032.58    230.4288   -50      180       OCC      Diamond
Koperberg West Ext   KWE034    90468.08   -3281180   1028.54    246.888    -50      180       OCC      Diamond
Koperberg West Ext   KWE035    90468.44   -3281146   1025.86    292.9128   -50      180       OCC      Diamond
Koperberg West Ext   KWE036    90468.3    -3281167   1027.89    262.7376   -51.5    180       OCC      Diamond
Koperberg West Ext   KWE037    90468.09   -3281193   1029.59    229.8192   -50      180       OCC      Diamond
Koperberg West Ext   KWE038    90492.86   -3281207   1035.66    199.0344   -50      180       OCC      Diamond
Koperberg West Ext   KWE039    90492.84   -3281173   1030.48    251.7648   -50      180       OCC      Diamond
Koperberg West Ext   KWE040    90492.93   -3281133   1027.59    284.6832   -50      180       OCC      Diamond
Koperberg West Ext   KWE041    90492.99   -3281158   1029.38    262.128    -52      180       OCC      Diamond
Koperberg West Ext   KWE042    90492.86   -3281190   1031.93    205.4352   -50      180       OCC      Diamond
Koperberg West Ext   KWE043    90519.43   -3281187   1034.58    231.3432   -49      180       OCC      Diamond
Koperberg West Ext   KWE044    90550.7    -3281187   1037.73    217.932    -50      180       OCC      Diamond
Koperberg West Ext   KWE045    90550.67   -3281211   1045.35     182.88    -50      180       OCC      Diamond
Koperberg West Ext   KWE046    90550.74   -3281161   1035.085   236.8296   -50      180       OCC      Diamond
Koperberg West Ext   KWE047    90017.23   -3281116   1019.88    135.636    -50      180       OCC      Diamond
Koperberg West Ext   KWE048    90017.18   -3281091    1023.3    154.5336   -65      180       OCC      Diamond
Koperberg West Ext   KWE049    90098.17   -3281106   1018.95    122.8344   -50      180       OCC      Diamond
Koperberg West Ext   KWE050    90098.07   -3281107   1017.77    145.0848   -71       0        OCC      Diamond
Koperberg West Ext   KWE051    90143.76   -3281103   1017.29    109.1184   -75      180       OCC      Diamond
Koperberg West Ext   KWE052    90143.84   -3281102    1017.3    170.688    -45      180       OCC      Diamond
Koperberg West Ext   KWE053    89793.28   -3281143    1034.1    123.444    -65      180       OCC      Diamond
Koperberg West Ext   KWE054    89701.83   -3281069   1064.74    156.3624   -50      180       OCC      Diamond
Koperberg West Ext   KWE055    89701.78   -3281069   1064.77    199.9488   -55      180       OCC      Diamond
Koperberg West Ext   KWE056    89746.12   -3281057   1059.97    120.0912   -80      180       OCC      Diamond
Koperberg West Ext   KWE057    89656.15   -3281062   1067.32    121.6152   -55      180       OCC      Diamond
Koperberg West Ext   KWE058    89656.13   -3281061    1067.3    304.1904   -50      180       OCC      Diamond


Prospect             Hole ID    Y           X         Z         Depth      Dip   Azimuth   Company    Type

Koperberg West Ext   KWE058D1   89656.11   -3281062   1067.1    146.9136   -70    180       OCC      Diamond
Koperberg West Ext   KWE058D2   89656.11   -3281062   1067.1    304.1904   -70    180       OCC      Diamond
Koperberg West Ext    KWE059    89656.09   -3281061   1067.41   154.2288   -70    180       OCC      Diamond
Koperberg West Ext    KWE060    89496.16   -3281295   1015.95   397.764    -60    180       OCC      Diamond
Koperberg West Ext    KWE061    89793.21   -3281249   1016.77   62.7888    -55     0        OCC      Diamond
Koperberg West Ext    KWE062    89653.35   -3281226   1028.5    160.3248   -55     0        OCC      Diamond
Koperberg West Ext    KWE063    89595.39   -3281206   1032.85   185.0136   -50     0        OCC      Diamond
Koperberg West Ext    KWE064    89595.36   -3281205   1032.84   244.7544   -50     0        OCC      Diamond




                                                                                                       

Date: 03-08-2021 11:46:00
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.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Orion Minerals Limited (JSE:ORN) when you join Listcorp.