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Ann: Exploration Update - Fraser Range North, page-2

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    Key Points
     RC Drilling completed at Buningonia North Prospect
     Ultramafic lithologies intersected with disseminated sulphides
     RC drilling to commence shortly at Uraryie nickel targets
    Windward Resources (ASX: WIN) is pleased to provide an update on ongoing
    exploration programs at its Fraser Range North nickel-copper project in Western
    Australia.
    The Company has recently completed a reverse circulation (RC) drilling program at the
    Buningonia North prospect (Figure 1) referred to in the ASX Announcement of 18
    August 2015. This drill program was designed to test below previously reported
    anomalous nickel and copper anomalism (assays of up to 1.1% Ni) from aircore drilling,
    within the primary zone across four key sections.
    A total of nine drill holes were completed for 1,074m with depths ranging from 60m
    to a maximum of 175m (Figure 2). Drilling was completed on broad spaced drill
    sections (300m, 400m and 900m) with the holes at 50m spacings along each section.
    All holes were angled at 60 degrees to the west (270 degrees). Drill-hole collar details
    are shown in Table 2.
    Mafic and ultramafic lithologies were intersected in the drilling, with blebby and
    disseminated sulphides observed in the drill samples. The eastern contact position
    intersected an intermediate gneiss in the southernmost traverse while the western
    contact was intersected along all drill traverses and intersected a garnet bearing
    metasedimentary granulite. The results from this program indicate the western
    contact appears to be the most prospective area for possible nickel mineralisation.
    Some of the drill holes intersected sulphides along the contact of the ultramafic unit
    and the meta-sedimentary unit. Sulphides observed included pyrrhotite and
    chalcopyrite. In some places, sulphides reached up to 5%. Significant assay results are
    summarized below in Table 1.
    Table 1: Significant Assays Buningonia North RC Drilling – August 2015
    Hole ID From (m) To (m) Interval (m) Ni (ppm) Cu (ppm)
    15BNRC002 32 48 16 2,013 -
    15BNRC003 40 48 8 2,100 -
    15BNRC003 108 112 4 - 363
    15BNRC004 40 44 4 - 537
    15BNRC005 48 72 24 2,987 -
 
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