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ET, WEST PERST PERTH, WA

FAX (08) 932

CKS HALT AT

mpleted at 2 an expected ht amount of

mediate chemalready shippey undertake dcts

td (“Korab”, oe cobalt, go

drilling at Pry to 6 RC holesed rocks whihips also consation in histor

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the drilling proof composite

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RTH, WA, 6005A, 6872, AUSTR22 6333

HIT IN AT BATC

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r “Company”)old, and cop

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nfirmed presenrical holes dril

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ce drill samplebe associate

(see Figure 1)

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e sample assassay results, and defer dril

mpleted. Drill cassay results aen available.

on grades at 495% cobalt in prior RC d

of the mineralith multiple RC

gold. For deta

/copper prosped on the basg, diamond c

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5, AUSTRALIA RALIA

ALL HOCHELO

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ay results, singKorab may exll testing of thechips and surfare expected

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(10 February hips, up to 0.

obalt in shallowad presence onge of 0.1% cplease see Ap

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TED

PAGE 1

ED

P225)

drill samples

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k chip samplesand which are

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ungle Mineraly of commoditc Rum Junglecutters deposiOther depositPb, 0.81% Cu

ungle Mineralade greenschc basement couth). The Palaa and by late ure 5). The twoto 5 km alonentary rocks,

ment complexe

B REHOUSEm.au


FAX (08) 932

rops, grab samation surveys.

SILVER

has previousMineralisation 210 g/t silveror details of th

rop at Prospec

OR PROJECT

overs an area neral Field. Acsee Figure 3).

Field represeties including e Uranium Ft produced 4.ts include the u, 0.12% Co,

l Field lies on hist facies momplexes (theaeoproterozoiPalaeoproteroo basement cong the regionjuxtaposed a

es are unconfo

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RTH, WA, 6005A, 6872, AUSTR22 6333

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ct 16221

of 240 km2 access to the P.

ents a region Pb, Zn, Ag,

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the western metasedimentse Rum Jungle c sequence is

ozoic sandstonomplexes togenal Giant's Ragainst the Ruormably overla

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5, AUSTRALIA RALIA

omagnetic sur

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lead, and silvse see Appen

and is located Project is via

of extremely hNi, Co, Cu, Ud some 3,5312.28% Zn, 5

metallic deposd 10g/t Ag jus

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er where Palaped around tthe Waterhouserlain by hemgeology and socks are displdge-shaped ee south-easte, which consis

TED

PAGE 2

gnetic surveys

exploration ao 20.6% zincested in future

h of Darwin inately one hou

and contains aosphate. The1971 and thebetween 1985-

with 70 Mt @helor.

aeoproterozoicwo Archaeanse Complex to

matite quartzitestructural dataaced dextrally

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w marine clasnates of the Cege Group is

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ETENT PERS

formation in tation compileder of the Austant geologistence that is reactivity being

B REHOUSEm.au


FAX (08) 932

tic sediments elia Dolomite. unconformab sandstone arrkose, congloate of the CFormation, wite in places

contains masscs of the MouPartridge Gro

suggests ths time. Anothed by a possilpin Formation

r cherty and rade into turbup rocks are aed that produccally below co

(Zamu Dolerer deposition curred over a position of fluvum Jungle areaematitic mat

matite quartzitan in situ weCreek Sandsthis gives a de

Executive Ch

ESOURCES

d is an internab’s projects iosit at Batcheo in eastern U, as well as spold and coppKorab’s projece traded on ABörse) throug

SON STATEM

this report thad by the Compstralasian Instt employed b

elevant to the undertaken t

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RTH, WA, 6005A, 6872, AUSTR22 6333

of the Beesto The contact ble and indicare found in BIFomerate, coa

Coomalie Dolowhich comprs. Thinly bedsive orthoquarunt Deane Vo

oup are missinhat basemener period of mble palaeo-ren, Gerowie Tutuffaceous se

biditic greywacabsent to the ced fine-graineoarser Burrell rite) intruded of the Burrel

protracted pervial platform ea. The base trix that is prefte breccia (HQeathering prodtone is correla

epositional age

hairman - Aust

ational mininginclude Winch

elor in the NortUkraine. The Cpecialty miner

per at Mt. Elects can be sAustralian Seh Equiduct ele

MENT

at relates to epany and revietitute of Mini

by Agricola Mstyle of miner

to qualify as a

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5, AUSTRALIA RALIA

ons Formationbetween the Ntes a period F conglomerarse sandstonomite. This uises carbonaded, colour-b

rtzite beds of tolcanic Membng from the snt topographyminor uplift prgolith breccia

uff, and Mountediments to cke of the Buwest of the bed non-outcroCreek Forma

the sedimentall Creek Formriod between 1cover sandstof the Depot

ferentially devQB). Differing duct, a talus sated with the e of 1720-170

tralia: (08) 947

g and explorathester magnethern Territory

Company also rals at Batcheephant/Ashburourced from ecurities Exchectronic tradin

exploration resewed by Malcng and Meta

Mining Consulralisation and a Competent P

ES LI

n followed by Namoona Groof minor uplite near the bae, and minor

unit has a graceous siltstobanded siltstothe Acacia Gaer. The Whiteequence to thy was still eeceded depos

a, the Ella Cret Bonnie Formdeeper water

urrell Creek Fbasement comopping quartz-ation rocks. Dary successio

mation, deform1880 Ma and one, represeCreek Sandsteloped over thmodes of orig

slope deposit, upper part of 0 Ma.

74 6166, Intern

tion company esium carbony of Australia,

explores for clor and at Grerton Downs inKorab’s webs

hange (ASX) ng platform.

sults reportedolm Castle, a llurgy (“AusIMtants Pty Ltdtype of deposPerson as def

IMIT

shallow wateoup and the ovift and erosioase of the Crar shale graderadational conone and muone and mudap Sandstonees Formation he west of theexerting an sition of the Seek Member o

mation represer siltstone, m

Formation. Chmplexes and a-sericite and q

Dolerite and gon prior to demation, metam1760 Ma. Uplnted by the tone is markehe Coomalie Dgin have been or a hydroth

f the Katherine

rnational: +61

with operationnate deposit as well as a gcobalt, gold, n

een Alligator inn Western Asite at www.k

and on the

d in this reporcompetent pe

MM”). Malcolmd. Mr Castle sits under consfined in the 2

TED

PAGE 3

er stromatoliticverlying Mounn. Pebbles oter Formation

e upward intontact with theudstone, anddstone of thee Member andand overlying

e Waterhouseinfluence on

South Alligatoof the Koolpinent a transition

mudstone, andert-dominated

a lateral faciesquartz-chloritegabbro sills oformation and

morphism andift and erosionDepot Creek

ed by siliceousDolomite. Thisn proposed foermal/tectonice River Group

8 9474 6166

ns in Australiaand Geolsec

gold and silvenickel, coppern the Northernustralia. Morekorab.com.au

Berlin Stock

rt is based onerson who is am Castle is ahas sufficiensideration and012 edition o

3

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ustralasian CoC Code”). Malation in the for

LAIMER

rd-looking stacted”, “feel(s)”ssions are inte

limited to sction. Anyone g statements. t to predict aresults to diff

g information relating to the

ontinuity of minons in reservet financial andms, project ev

d to commoditate financing

nmental, or othainties relatedg information ed under applsume any obli

2 Batchelor P

B REHOUSEm.au


FAX (08) 932

ode for Reporlcolm Castle crm and contex

tements are s”, “believe(s)”ended to identstatements re

reading this All of such stnd which genfer materially and statemen

e interpretationeral deposits

es, grade, minid technical pavaluation/reviety prices and fon a timely b

her permits and to the Compcontained in

icable listing rgation, to upd

roject relative

ESOU

RTH, WA, 6005A, 6872, AUSTR22 6333

rting of Explorconsents to thxt in which it a

statements th, “will”, “maytify such forw

egarding futurreport is caut

tatements arenerally are befrom those e

nts. These rison of exploratis and conclusiing dilution, orarameters; risew, completioforeign excha

basis and on nd approvals; pany’s prospe

this report isrules and sec

date this forwa

to Darwin

URCE

5, AUSTRALIA RALIA

ration Resultshe inclusion inappears.

at are not hisy”, “anticipate(ard-looking inre explorationtioned not to subject to ris

eyond the conexpressed in, sks and unceon results (inons of economre loss, and resks relating toon of feasibilityange rate fluctacceptable terisks related

ects, properties provided as

curities laws, tard-looking info

ES LI

s, Mineral Resn this report of

torical facts. W(s)”, “should”,formation. Th

n results, resplace undue

sks and uncertntrol of the Cor implied or

ertainties inclucluding drill remic evaluationecovery rates; o the potentiay studies and uations; risks

erms; risks relto security of

es and busines of the datethe Company ormation.

IMIT

sources and Oof the matters

Words such a, “envisage(s)his informationsources, or rreliance on t

rtainties (manyCompany) thar projected byude, but are nresults), the gns; risks relati risks relatingal for delays project deve related to failated to delaytenure; and o

ess strategy. e of this repo

does not inte

TED

PAGE 4

Ore Reserves”based on this

as “expect(s)”)” and similan includes, bureserves, andhese forward-y of which aret could cause

y, the forward-not limited toeology, gradeng to possibleto changes inin explorationlopment; riskslure to secure

ys in obtainingother risks and Any forward-

ort. Except asend, and does

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Figure

ORABRAB H.korab.com


3 Batchelor P

4 Cobalt/gold/

B REHOUSEm.au


FAX (08) 932

roject on aeria

/copper target

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RTH, WA, 6005A, 6872, AUSTR22 6333

al photo

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5, AUSTRALIA RALIA

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PAGE 5

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Figure

Figure

ORABRAB H.korab.com


5 Batchelor P

6 Batchelor P

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FAX (08) 932

roject on geolo

roject on local

ESOU

RTH, WA, 6005A, 6872, AUSTR22 6333

ogy and struc

l gravity map

URCE

5, AUSTRALIA RALIA

tural map

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PAGE 6

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APPCobalt

On 10encomand 68

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http://w

There 10 Feb

Highligcobalt,

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ENDIX At, Copper and

0 February 20mpassing geoc86 rock chip sa

pts from the re

www.asx.com.

has been no bruary 2017.

ghts (above 70 copper and g

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TYPE rockchip rockchip rockchip rockchip rockchip rockchip rockchip rockchip rockchip rockchip rockchip

B REHOUSEm.au


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A d Gold at Bat

017 Korab rechemical assesamples.

eport are show

au/asx/statisti

material chan

00ppm Co) frgold (where av

FROM_M41 43 44 46 56 57 58 65

103

n appears to aggregate an amln m2. In the rn and centraalisation is lond fractures ( surface geoc

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TO_M4244454757585966

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5, AUSTRALIA RALIA

ct

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nouncement.d

ploration resul

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e, extending oximately 13.9 nes cobalt apppears to be aon top of, oand Figure 8)

omalies prese

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PM950033660102000910510440410158020

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ts since they

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orical drilling illholes, 2,950

e accessed at:

df&idsId=0182

were original

following mul

_PPM 120 152 146 800

10,000 12,100 16,900

9,420 250

zones of signiargest single

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gh grade coba

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10

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00

TED

PAGE 7

and sampling0 soil samples

27144

ly reported on

ltiple zones o

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rockchip rockchip rockchip rockchip rockchip

ghts (above 5alisation:

_ID230230230230766227

m below illuses.

7 3D image osurface drill-ch

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FAX (08) 932

500 ppm Co

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strates in 3D

f cobalt valueship values, heig

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RTH, WA, 6005A, 6872, AUSTR22 6333

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TED

PAGE 8

1

820

nes of cobal

M NI_PPM40 57040 73580 63000 45572 23960 1,040

with faults and

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ORABRAB H.korab.com


8 3D image ofes (surface va

B REHOUSEm.au


FAX (08) 932

f cobalt valuesalues, height an

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RTH, WA, 6005A, 6872, AUSTR22 6333

s in gridded shnd colour refle

URCE

5, AUSTRALIA RALIA

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TED

PAGE 9

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TED

PAGE 10

wn below fo

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Pb (%)

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sediments dmaly.

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over 4km, whiomb East, the

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TED

PAGE 11

ad and silve

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Luckie area isof significantlyhe associated

al RC and DDrid)

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Bomb/Glen Ly discovered tres to the no

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directions. Presence o Fault (shea Localised fa Fault zones

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FAX (08) 932

Luckie prospeat Winchest

orth-west and xploration asseoration phase

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ects are in cter which is which is curr

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lose proximitylocated withi

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s present indcutters struct

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mall scale folded lamprophyult jogs. ting mineralise

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t of 23 Novem

the exploratural study:

nspressional fa of anticlinal

ds, especially dyre dykes or su

ed quartz vein

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gnesium carbent mining let. This proximand operationg any future d

mber 2016.

ation model

fault zones. axis or chang

disharmonic fulphidic quartz

arrays.

TED

PAGE 12

onate deposiase, just few

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development.

for Zn/Pb/Ag

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· 2017. 10. 4. · ch host coba nfirmed presen ical holes dril s for a total ee Figure 4). isual...

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Transcript of · 2017. 10. 4. · ch host coba nfirmed presen ical holes dril s for a total ee Figure 4). isual...