Ann: Final Results - Suplejack RC and Homestead Diamond Drilling, page-3

ABM Resources (ABM) advise that results have been finalised for the company’s 100% owned Suplejack
Prospect and Homestead Target in the Tanami Region of the Northern Territory.
Seuss
An RC program of 3,952 metres was completed in April 2017 with the aim of increasing the
strike length of the structure previously intersected in November 2016 with a result of
13m at 5.6g/t gold (ASX 7December 2016).
Drilling completed in 2016 and subsequent interpretation resulted in a 53% increase
in estimated Mineral Resources on the Suplejack Project to 4.51 million tonnes at
2.1g/t gold for 309,900 ounces of gold above a 0.8g/t cut-off and within 180 metres
of surface (ASX 20 February 2017).
Preliminary results were reported in ASX announcement dated 8 June 2017.
All results of this program have now returned and are summarised in Table 1.
Two mineralised shoots are observed.
One plunging shallowly south and a second representing the intersection of the Tethys
and Seuss structures (Figure 1).
Both shoots remain open at depth.
The program has confirmed north south mineralised structures with strike continuity.
More detail is available in ASX announcements dated 20 February 2017 and 8 June 2017.




Figure 1. Seuss Long Section
Four holes (SSRC100001 to SSRC100003 and SSRC100006) were submitted for re-assay by
screen fire based on high variability in lab replicates and the preliminary assays yielding
lower results than expected based on portable XRF arsenic data.
The screen fire results show that the four remaining holes are mineralised but fall outside
the high grade shoots.
The results of all holes of the program are summarised in Table 1.
The current program has started to define the scale of the shoots on the Seuss Fault and
additionally introduced the potential for underground mining to be considered in the
future if adequate volumes are defined.
The immediate priority for future work is to identify additional shallow mineralised
structures and to understand the controls of shoots to optimise drilling.
Site preparation has commenced to drill the initial 80 aircore holes of the Suplejack Program.
The program is awaiting the arrival of the rig.

Homestead Target
The Homestead Prospect is located 30 kilometres west of Callie, and exhibits similar geophysical
characteristics to this world class orebody. In 2012 ABM completed soil sampling over the area trialling
Deep Penetrating Geochemistry (DPG).
The purpose of this technique is to detect mineralisation that is covered by many metres of transported cover and is essentially ‘blind’ at surface.
Interpretation of whole rock geochemistry results suggest the sediments intersected are Talbot Well
Formation from the Birrindudu Group rather than the targeted Dead Bullock Formation.
Results of sampling of this hole have failed to yield anomalous gold or arsenic results.
The source of the DPG anomaly is not satisfactorily explained, although it could be related
to the pyrite bearing conglomerate at the base of the Talbot Well Sediments.
The XRF data suggest the sediments intersected in the hole are reworked Mt Charles Formation,
and a possible source of the anomaly.
Collaborative funding has been granted by the Northern Territory Department of Primary Industry and
Resources under the CORE initiative.​

No immediate follow up activity is planned for this target.

​