Common use of Geology Clause in Contracts

Geology. Deposit type, geological setting and style of mineralisation. • The Mt Isa East Project is in the Mount Isa Inlier, which is prospective for IOCG, ISCG and shear hosted Cu-Au deposits. See body of this release for more information. Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: ⮚ easting and northing of the drill hole collar ⮚ elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar ⮚ dip and azimuth of the hole ⮚ down hole length and interception depth ⮚ hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling. Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail • Unless stated otherwise in the announcement all grades were reported as certified by the laboratory for the sample length as taken in the field. • The assumptions used for any reporting of metal equivalent values should be clearly stated. • No metal equivalents used. Criteria JORC Code explanation Commentary Relationship between mineralisation widths and intercept lengths • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle 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’). • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • See main body of this release. Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding misleading reporting of Exploration Results. • Historical soil and rock chip samples are reconnaissance in nature from selected sites to demonstrate the prospectivity of the area. The reporting is considered balanced for early staged exploration project. Other substantive exploration data • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Considerable historical work was completed with mapping sampling and geophysics This work needs further review. Further work • The nature and scale of planned further work (e.g., tests for lateral extensions or depth extensions or large-scale step-out drilling). • Early-stage exploration and follow-up of identified Cu and Au anomalies including additional interpretation of geophysical data, reviews and assessments of regional targets and infill geochemical sampling of ranked anomalies in preparation for future drill testing.

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Samples: www.aspecthuntley.com.au

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Geology. Deposit type, geological setting and style of mineralisation. • The Mt Isa East Project ▪ Two conflicting models have been proposed for the copper mineralisation at Grasmere. Given that mineralisation crosscuts stratigraphy, early work proposed that mineralisation is in of the Mount Isa InlierBesshi (pelitic–mafic) volcanic associated massive sulphide (VAMS) model, which where mineralisation has subsequently been deformed and remobilised into a fault/shear zone. Alternatively, later Criteria JORC Code explanation Commentary work has proposed that mineralisation fits the epigenetic structurally controlled high sulphide model since the massive sulphide zone is prospective for IOCG, ISCG hosted by a fault/shear that crosscuts stratigraphy (not stratiform) and shear hosted Cu-Au deposits. See body of this release for more informationmineralised zones at Grasmere postdate the initial deformation event. Drill hole Information A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. No new drilling reported exploration results are discussed in this release, refer to CPM Prospectus September 2021 for information on historical drillingreport. Data aggregation methods In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. Where aggregate intercepts incorporate short lengths of high-high- grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail • Unless stated otherwise in the announcement all grades were reported as certified by the laboratory for the sample length as taken in the fielddetail. The assumptions used for any reporting of metal equivalent values should be clearly stated. No metal equivalents usedexploration results are discussed in this report. Criteria JORC Code explanation Commentary Relationship between mineralisation widths and intercept lengths These relationships are particularly important in the reporting of Exploration Results. If the geometry of the mineralisation with respect to the drill hole angle 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., e.g. ‘down hole length, true width not known’). No new drilling reported exploration results are discussed in this release, refer to CPM Prospectus September 2021 for information on historical drilling report. Diagrams Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • See main body of this release▪ A project location plan has been included. Balanced reporting Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding to avoid misleading reporting of Exploration Results. • Historical soil ▪ The geometry/shape of mineralisation and rock chip samples are reconnaissance distribution of mineralised zones is shown in nature from selected sites to demonstrate the prospectivity of the area. The reporting is considered balanced for early staged exploration projectFigure 2. Other substantive exploration data Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Considerable historical ▪ All material and meaningful data, relevant to the scope of work was completed with mapping sampling and geophysics This work needs further reviewin this report, has been included in this report. Further work The nature and scale of planned further work (e.g., eg tests for lateral extensions or depth extensions or large-scale step-out drilling). • Early-stage exploration ▪ Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. ▪ In the near term proposed may consist of regional and follow-up drilling along strike of identified Cu Grasmere, at Grasmere North and Au anomalies including additional interpretation at Cymbric Vale, in addition to detailed more modern airborne EM and digital compilation of geophysical datadata from historic works. ▪ Potential for exploration success exists along strike from the Grasmere copper deposit and within the Koonenberry project, reviews and assessments of regional targets and infill geochemical sampling of ranked anomalies as outlined in preparation for future drill testingthis report.

Appears in 1 contract

Samples: www.aspecthuntley.com.au

Geology. Deposit type, geological setting and style of mineralisation. • The Mt Isa East Project Cape Bedford / Cape Flattery region of north Queensland is in dominated by an extensive Quaternary sand mass and dune field that stretches inland from the Mount Isa Inlierpresent coast for approximately 10km and extends 50km from north to south. • Mineralisation comprises elongate parabolic sand dunes of silica sand, which is prospective for IOCG, ISCG with scattered zones of HM enrichment from wind deflation and shear hosted Cu-Au deposits. See body of this release for more informationpossibly buried/preserved beach strandlines. Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth • No systematic drilling has been undertaken, therefore not applicable at this time. Criteria JORC Code explanation Commentary 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. • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling. Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high-high grade results and longer lengths of low-low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail • Unless stated otherwise in the announcement all grades were reported as certified by the laboratory for the sample length as taken in the fielddetail. • The assumptions used for any reporting of metal equivalent values should be clearly stated. • No metal equivalents usedNot applicable to reconnaissance sampling. Criteria JORC Code explanation Commentary Relationship between mineralisation widths and intercept lengths • These relationships are particularly important in the reporting of between Exploration Results. mineralisation • If the geometry of the mineralisation with respect to the drill hole widths and angle is known, its nature should be reported. intercept • If it is not known and only the down hole lengths are reported, there lengths should be a clear statement to this effect (e.g., eg ‘down hole length, true width not known’). • No new drilling reported in this release, refer Not applicable to CPM Prospectus September 2021 for information on historical drilling reconnaissance sampling. Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • See main A map of the sample locations is included in the body of this releasethe announcements. Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding to avoid misleading reporting of Exploration Results. • Historical soil and rock chip samples are Not applicable to reconnaissance in nature from selected sites to demonstrate the prospectivity of the area. The reporting is considered balanced for early staged exploration projectsampling. Other substantive exploration data • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Considerable historical work was completed Geological observations are consistent with mapping sampling a large Quaternary dune field comprising abundant white sand dunes, and geophysics This work needs further review. Further work • The nature the presence of HM slicks suggest appropriate conditions may exist for enrichment and scale concentration of planned further work (e.g., tests for lateral extensions or depth extensions or large-scale step-out drilling). • Early-stage exploration and follow-up HM mineralisation within parts of identified Cu and Au anomalies including additional interpretation of geophysical data, reviews and assessments of regional targets and infill geochemical sampling of ranked anomalies in preparation for future drill testingthe landscape.

Appears in 1 contract

Samples: Traditional Land Owner Agreement

Geology. Deposit type, geological setting and style of mineralisation. • The Mt Isa East Project Cape Bedford / Cape Flattery region of north Queensland is in dominated by an extensive Quaternary sand mass and dune field that stretches inland from the Mount Isa Inlierpresent coast for approximately 10km and extends 50km from north to south. • Mineralisation comprises elongate parabolic sand dunes of silica sand, which is prospective for IOCG, ISCG with scattered zones of HM enrichment from wind deflation and shear hosted Cu-Au deposits. See body of this release for more informationpossibly buried/preserved beach strandlines. Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth • No systematic drilling has been undertaken, therefore not applicable at this time. Criteria JORC Code explanation Commentary 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. • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling. Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high-high grade results and longer lengths of low-low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail • Unless stated otherwise in the announcement all grades were reported as certified by the laboratory for the sample length as taken in the fielddetail. • The assumptions used for any reporting of metal equivalent values should be clearly stated. • No metal equivalents usedNot applicable to reconnaissance sampling. Criteria JORC Code explanation Commentary Relationship between mineralisation widths and intercept lengths • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle 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., eg ‘down hole length, true width not known’). • No new drilling reported in this release, refer Not applicable to CPM Prospectus September 2021 for information on historical drilling reconnaissance sampling. Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • See main A map of the sample locations is included in the body of this releasethe announcements. Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding to avoid misleading reporting of Exploration Results. • Historical soil and rock chip samples are Not applicable to reconnaissance in nature from selected sites to demonstrate the prospectivity of the area. The reporting is considered balanced for early staged exploration projectsampling. Other substantive exploration data • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Considerable historical work was completed Geological observations are consistent with mapping sampling a large Quaternary dune field comprising abundant white sand dunes, and geophysics This work needs further review. Further work • The nature the presence of HM slicks suggest appropriate conditions may exist for enrichment and scale concentration of planned further work (e.g., tests for lateral extensions or depth extensions or large-scale step-out drilling). • Early-stage exploration and follow-up HM mineralisation within parts of identified Cu and Au anomalies including additional interpretation of geophysical data, reviews and assessments of regional targets and infill geochemical sampling of ranked anomalies in preparation for future drill testingthe landscape.

Appears in 1 contract

Samples: Traditional Land Owner Agreement

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Geology. Deposit type, geological setting and style of mineralisation. • The Mt Isa East Project is in the Mount Isa Inlier, which is prospective for IOCG, ISCG and shear hosted Cu-Au deposits. See body of this release for more information. Drill hole Information • A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: ⮚ easting and northing of the drill hole collar ⮚ elevation or RL (Reduced Level – elevation above sea level in metres) of the drill hole collar ⮚ dip and azimuth of the hole ⮚ down hole length and interception depth ⮚ hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling. release Data aggregation methods • In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. • Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low-grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail • Unless stated otherwise in the announcement all grades were reported as certified by the laboratory for the sample length as taken in the field. • The assumptions used for any reporting of metal equivalent values should be clearly stated. • No metal equivalents used. Criteria JORC Code explanation Commentary Relationship between mineralisation widths and intercept lengths • These relationships are particularly important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle 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’). • No new drilling reported in this release, refer to CPM Prospectus September 2021 for information on historical drilling release Diagrams • Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. • See main body of this release. Balanced reporting • Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced avoiding misleading reporting of Exploration Results. • Historical soil and rock chip samples are reconnaissance in nature from selected sites to demonstrate the prospectivity of the area. The reporting is considered balanced for early staged exploration project. Other substantive exploration data • Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples – size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. • Considerable historical work was completed with mapping sampling and geophysics This work needs further review. Further work • The nature and scale of planned further work (e.g., tests for lateral extensions or depth extensions or large-scale step-out drilling). • Early-stage exploration and follow-up of identified Cu and Au anomalies including additional interpretation of geophysical data, reviews and assessments of regional targets and infill geochemical sampling of ranked anomalies in preparation for future drill testing.

Appears in 1 contract

Samples: www.aspecthuntley.com.au

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