AUM australian mining investments limited

drill results update and inferred mineral resource

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    CuDeco Limited
    (formerly AUSTRALIAN MINING INVESTMENTS LIMITED)
    ACN 000 317 251
    13th July 2006
    Dear Shareholder
    ROCKLANDS GROUP COPPER PROJECT (100% AUM)
    DRILL RESULTS UPDATE AND INFERRED MINERAL RESOURCE
    RESPONSE TO ASX QUERIES
    The reason why your shares have been suspended for the last 9.days is that your Company has been addressing queries raised by the ASX on the classification of its mineral resources and drill results under the Joint Ore Reserve Committee (JORC) Code . Further the ASX has asked the Company to advise the market of the true width of the mineralized drill intercepts.
    I write this letter today to clarify these issues and present amended releases for 29 June 2006, and 9 July 2006 which was not released by ASX..
    Classification Under JORC Code
    The JORC Code published by the Joint Ore Reserves Committee and incorporated in the ASX Listing Rules as Appendix 5a (see http://www.ausimm.com/codes/jorc.asp ) sets out the criteria under which a Company is required to report its exploration results, mineral resources and ore reserves.
    Clause 19 of the Code defines - “A ‘Mineral Resource’ as a “concentration or occurrence of material of intrinsic economic interest in the Earth’s crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade, geological characteristics and continuity of the Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge. Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories”.
    ____________________________________________________________________________
    Unit 34 Brickworks Annex, 19 Brolga Avenue, Southport Q 4215
    P O Box 1044 Southport Q 4215
    Ph: 61 7 55031955 Facsimile: 61 7 55030288
    Therefore as above, there are three categories of resource, namely Inferred, Indicated and Measured. In addition there are two categories of reserves, namely Probable and Proved and Clause 28, 29 and 30 define this classification.
    The relationship between the various categories is best illustrated in the following diagram, published by the Committee.
    Your Company considers it has sufficient information to classify its discovery under the category of the least confidence, namely an Inferred Resource.
    Clause 20 describes - “An ‘Inferred Mineral Resource” is that part of a Mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability”.
    Clause 18 refers to it being “common practice for a company to comment on and discuss its exploration in terms of target size and type”. Clause 18 further states in this case “that the potential quality and grade is conceptual in nature, and that there has been insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource”.
    The Company considers its exploration and related results are further advanced than the conceptual definitions pursuant to Clause 18 of the Code.
    The Company believes it has sufficient geological evidence derived from exploration drilling, bedrock geochemistry, costean mapping and magnetic surveys to define a Mineral Resource and an estimate of an Inferred Resource, consistent with the JORC Code as per the following definitions for Clauses 19 and 20.
    Your Company has drilled tested over a strike length of 500m to a vertical depth of 200m and identified continuity of mineralization in this zone.
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    Your Company extrapolated beyond this zone to a depth of 375m and a strike length of 950m based on the following assumptions.
    • Mineralisation is observed in all deeper holes included in the Inferred Resource estimate. Extrapolation down dip was based on, firstly, the drilling demonstrating continuity of mineralization and, secondly, the experience in the Cloncurry region from operating mines, which shows that shear hosted mineralization generally persists to significant depths (e.g. in excess of 600m).
    • Examples of shear hosted mineralized systems extending beyond 375m are Ernest Henry (>600m) and Selwyn (>800m). These mineralized systems are shear hosted and have a similar geochemical signature and magnetite alteration assemblages. Shear zones are typically deep seated with mineralization plunging to depths >600m.
    • Drilling of 23 RC holes has been undertaken at 50m intervals along a strike length of 500m and the results included in the grade calculations, as above. Bedrock drill samples on a 100x25 grid identified anomalous Cu bedrock responses. This sampling method has proved successful in delineating Cu, Co mineralization associated with the Double Oxide zone and the Rocklands Group zone, previously reported.
    • The bedrock anomalies were supported by evidence of secondary copper mineralization observed in costeans coincident with the bedrock anomalies along strike, which together with ground magnetics have shown a continuation of the magnetite alteration trend for a further 900m. The chemical anomalies follow the trend along strike but typically are not continuous. Therefore, the Company considered a continuation for half this distance was reasonable for the calculation of the inferred resource, i.e, a total of 950m.
    Notwithstanding the above, your Company concedes that a portion of the zone incorporating the reported Inferred Resource, could be classified as a target under Clause 18 of the Code.
    To satisfy the ASX and to clarify these matters, we have prepared the following table which separates the reporting on the mineral occurrence into Inferred Resource and Target (Extrapolated) categories, based on the intensity of drilling and continuity of mineralization.
    For the Inferred Resource in the following table, we have extrapolated 50m along strike to the NW and SE and a further 50m in depth.
    Based on parameters supporting the previously reported resources the following revised classification applies indicating the changed classification.
    Classification
    Depth Range
    Length
    Depth
    Width
    SG
    Million Tonnes
    Inferred Resource
    0-250m
    600
    250
    45
    3.7
    25
    Target (Extrapolated #1)
    250-375m
    600
    125
    45
    3.7
    12
    Target (Extrapolated #2)
    0-375m
    350
    375
    45
    3.7
    22
    TOTAL
    59
    The company is due to commence a diamond core drill program to drill test below the already tested zone to +500m. The program is due to commence within the next 6 weeks. RC drilling has continued non-stop since February and the company has contracted drilling to continue on a 7 day a week basis for the next 18 months. The company did not stop drilling during the ASX halt period.
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    True Width
    When drilling an angle hole through a vertical or sub-vertical zone, the down hole length of the mineralization is adjusted for true width, as the following figure published in our 29 June report illustrates.
    The drill hole azimuth and inclination are measured with down-hole cameras on a regular basis from which the true width can be determined. In a true 600 inclined hole and a mineralised vertical zone, the true width would be0.5 of the down-hole intersection
    True width measurements have been included in our 9 July release.
    We trust that the above explanation helps to clarify these matters and we apologise for any inconvenience and concern this situation has caused shareholders.
    Yours faithfully
    Wayne McCrae
    CHAIRMAN
    CuDeco Limited
    (Formerly Australian Mining Investments Limited)
    ACN 000 317 251
    13th July 2006
    The Manager
    Company Announcements Office
    Australian Stock Exchange Ltd
    4th Floor, 20 Bridge Street
    SYDNEY, NSW 2000
    Dear Sir
    ROCKLANDS GROUP COPPER PROJECT (100% AUM)
    DRILL RESULTS UPDATE AND INFERRED MINERAL RESOURCE
    HIGHLIGHTS:
    • Drill hole DORC-87 intersected 40m of high-grade copper mineralisation at 5.05% Cu from 44 to 84m, including 26m at 6.59% Cu from 48-74m.
    • Drill hole DORC-93 intersected 81m of continuous copper-cobalt mineralisation at 1.38% Cu from 121-202m, including 28m at 3.36% Cu from 147-175m.
    • Drill hole DORC-95 intersected 93m continuous copper-cobalt mineralisation at 1.39% Cu from 26-119m, including 20m at 2.2% Cu from 26-46m and 37m at 1.82% Cu from 50-87m.
    • Drill hole DORC-96 intersected 101m of continuous copper-cobalt mineralisation at at 1.19% Cu from 85-186m, including 18m at 2.58% Cu from 85-103m and 8m at 4.95% Cu from 152-160m.
    • DORC-106 drilled intersected 155m of visible continuous mineralisation from 65-220m.
    • Mineralisation appears to widen with depth.
    • Holes being drilled to down-hole depths greater than 200m are intersecting mineralised zones between 80m and 120m wide.
    (Highlights cont over)
    ____________________________________________________________________________
    Unit 34, Brickwork Annex, 19 Brolga Avenue Southport Qld 4215
    Ph: 61 7 55031955 Fax: 61 7 55030288 Email: [email protected]
    • Awaiting assay results for holes DORC-97 to DORC-106. All intersected 60-100m wide zones of visible sulphide mineralisation.
    Note: Typically the true width is between 50-60% of the down hole intersection.
    PRELIMINARY MINERAL RESOURCE:
    Las Minerale: Inferred Mineral Resource of 25,000,000 tonnes @ 1.57% Cu; 818 ppm Co and 0.20 g/t Au (2.04% Cu equivalent)
    In addition to the Inferred Resource at Las Minerale an exploration target at Las Minerale of between 40 and 50 million tonnes at approximately the same grade is continuing to be tested by the company. This exploration target extends the reported inferred mineral resource at depth and along strike.
    To satisfy the ASX and to clarify these matters, we have prepared the following table which separates the reporting on the mineral occurrence into Inferred Resource and Target (Extrapolated) categories, based on the intensity of drilling and continuity of mineralization.
    For the Inferred Resource in the following table, we have extrapolated 50m along strike to the NW and SE and a further 50m in depth.
    Based on parameters supporting the previously reported resources the following revised classification applies indicating the changed classification.
    Classification
    Depth Range
    Length
    Depth
    Width
    SG
    Million Tonnes
    Inferred Resource
    0-250m
    600
    250
    45
    3.7
    25
    Target (Extrapolated #1)
    250-375m
    600
    125
    45
    3.7
    12
    Target (Extrapolated #2)
    0-375m
    350
    375
    45
    3.7
    22
    TOTAL
    59
    In relation to this updated announcement of 29 June 2006 the company has complied with the ASX request and recategorized the Las Minerale resource due the ASX interpretation of the JORC Code and to ensure the company begins trading on the ASX as soon as possible.
    To date 106 RC holes have been drilled at the Rocklands Group Copper Project. The balance of holes yet to be assayed intersected visible sulphide mineralisation over down-hole widths of 60-155m.
    Above ground indicators including old prospecting pits, costeans, together with geobotanical anomalies, bedrock geochemistry and ground magnetometer survey results indicate the possibility of a strike length of at least 3km and the likelihood of multiple parallel shear structures. Previous reports on the Double Oxide by CRA and others between 1987 and 1994 describe a wide shear zone containing a number of sub parallel mineralised zones with a cumulative length of 6km. (See CRA Report in History Text of this Announcement). Exploration by AUM including bedrock geochemical sampling plus recent drilling results indicate the shear zone to be over 1.4km in width. A ground magnetometer survey over the area currently being drilled outlined high to very high responses associated with the Las Minerale mineralised zone and the Rocklands prospect.
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    Drilling in the short-term will concentrate on testing the strike potential of the Las Minerale mineralised zone to 1,000m. As announced to shareholders last week, the drilling contract has been expanded to 60,000m from 10,000m. This decision was made by the AUM Board due to the increasing width of the Las Minerale zone which is soaking up to 275m in a single hole. Drilling along strike to the NW intersected near surface, high-grade zones of supergene copper above the sulphide zone, and in some instances only 5m below surface. It has become apparent that the more we drill the more drilling is required to follow-up the welcoming results. All 106 drill holes were drilled dip grid south to intersect the mineralization. (Location Map Las Minerale and Double Oxide/Rockland attached)
    Resource Estimates
    An Inferred Mineral Resource of 25Mt at 2% Cu equivalent has been estimated for the Las Minerale copper zone. The resource estimate was based on available drill hole information and was undertaken using an assumed mineralised host rock density of 3.7t/m³ together with an strike length of 600m which extends the mineralisation 50 metres along strike from the existing drilling and an average mineralised width of 45m.The estimate also assumes mineralisation continues to a vertical depth of 250m which is 50m below the current level of drilling. A cut-off grade of 0.2% Cu and an internal dilution of up to 4m was applied. No high-grade drill hole intersections were cut.
    Based on the above parameters, a Inferred Mineral Resource of 25Mt grading 1.6% Cu, 0.2g/t Au, 820ppm Co is inferred. This equates to a copper equivalent grade of approximately 2% Cu (2.04% Cu) using a copper price of US$3.15/lb, gold price of US$500/oz and a cobalt price of US$15/Ib. The above Mineral Resource Estimate is preliminary, being based on limited drill hole information and assay data, and will require adjustment as drilling progresses and other exploration results become available. Numerous other factors could affect the accuracy and confidence of the above Mineral Resource Estimate. Major factors include uncertainty regarding continuity of mineralisation along assumed strike and width as well as use of an inexact host rock density and uncertainty of the geological interpretation pertaining to the mineral resource. Economic considerations such as mining costs and methods, stripping ratio, mining dilution, metallurgical amenability and recoveries were not taken into account.
    As part of the Mineral Resource Estimate drilling, sampling and assaying procedures were reviewed together with a trial audit of the Rocklands Group database to validate its accuracy. No irregularities were noted and procedures are in line with normal industry practice. A review of tenure documents was also undertaken along with discussions with company personnel regarding any material issues that could impede granting of appropriate licenses.
    Grade Estimates for Cu, Au and Co:
    Grade estimates for the Inferred Resource were based on assay results for 21 Reverse Circulation (RC) drill holes numbered 78, 79, 82 to 100 and visual estimates and interpretation of the mineralization by the Competent Project Geologist for holes 101 to 106. Weighted average grade calculations to two decimal points from the drill results and drill logs gave 1.57% Cu; 818 ppm Co and 0.20 g/t Au.
    Copper equivalent calculations for Co and Au were used to report the Inferred Resource in Copper Equivalent terms (2.04%). Prices used for Cu, Au and Co were US$3.15/lb, US$500/oz and US$15/lb respectively.
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    Tonnage Estimation Method:
    The following formula was used:
    Strike length 600m
    True Width 45m
    Depth 250m
    Specific Gravity 3.7
    600 x 45 x 250 x 3.7 = 25M
    Exploration Target
    In addition to the Inferred Resource at Las Minerale an exploration target with a potential of between 40 and 50 million tonnes at approximately the same grade is continuing to be tested by the company. This exploration target extends the reported inferred mineral resource at depth from the base of the Inferred Resource (250 metres) a further 125 metres to 375 metres depth, and along strike for a further 350 metres. The basis of this statement is explained in detail below. The potential tonnage and grade is conceptual in nature, that there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
    Extrapolation down dip to 375m
    The maximum true vertical depth of drilling is up to 200m. Mineralisation is observed in all deeper holes included in the Inferred Resource estimate. Extrapolation down dip was based on, firstly, the drilling demonstrating continuity of mineralization and, secondly, the experience in the Cloncurry region from operating mines, which shows that shear hosted mineralization generally persists to significant depths (e.g. in excess of 600m).
    Examples of shear hosted mineralized systems extending beyond 375m are Ernst Henry (>600m) and Selwyn (>800m). These mineralized systems are shear hosted and have a similar geochemical signature and magnetite alteration assemblages. Shear zones are typically deep seated with mineralization plunging to depths >600m.
    Assumed Strike Length
    Drilling has been undertaken at 50m intervals along a strike length of 500m and the results included in the grade calculations, as above. Bedrock drill samples on a 100x25 grid identified anomalous Cu bedrock responses. This sampling method has proved successful in delineating Cu, Co mineralization associated with the Double Oxide zone and the Rocklands Group zone, previously reported.
    The bedrock anomalies were supported by evidence of secondary copper mineralization observed in costeans coincident with the bedrock anomalies along strike, which together with ground magnetics have shown a continuation of the magnetite alteration trend for a further 900m. The chemical anomalies follow the trend along strike but typically are not continuous. Therefore, the Company considered a continuation for half this distance was reasonable for the calculation of the inferred resource, i.e, a total of 950m.
    Cobalt and Gold Credits
    The existence of cobalt and gold mineralization adds to the value of the resource and cobalt and gold credits are calculated as copper equivalent grades, as reported.
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    Locator Holes
    The Las Minerale mineralised zone is concealed below shallow soil cover. The Company uses 50-70m deep locator (scout) holes to test the Las Minerale copper oxide potential as well as help locate deeper RC holes to intersect the whole width of the Las Minerale zone. Drill Holes DORC-89, 90, 91 and 92 are shallow locator holes. These holes all intersected variable widths of oxide copper in the form of malachite and minor azurite together with supergene native copper and cuprite. An example of the locator holes was a 40m intersection of oxide mineralisation from 4-47m. These four holes were drilled across the surface grid for 60m of oxide mineralization in the form of malachite and azurite and identified the positioning of Drill Holes DORC 93. Drill Hole DORC 93 was stepped back by a further 50 metres behind Drill Holes DORC 92. Drill hole DORC-93 intersected 80m of sulphides mineralisation in a magnetite-altered mafic volcanic from 120-200m. Consistent cobalt grades up to 2,510ppm (0.251% Co) were also intersected over every metre of hole DORC-93 from 1-220m
    Furthermore, the Board of Directors have elected to employ the services of a second RC drill rig and multipurpose diamond core rig and are currently negotiating the services of a drilling contractor to drill +500m deep core holes at the three prospects that comprise the Rocklands Group Project. Five deep holes are planned to test the down dip potential of the main Double Oxide zone as part of our current accumulation of geological data for an updated JORC Resource due in late July early August.
    A diagram is attached showing three prospects, the Double Oxide, Rocklands and Las Minerale, gradually melting into one large project. To date 106 RC holes have been drilled at the Rocklands Project for a total of 9,724m.
    The 1992 CRA Exploration reported a theory of why the Double Oxide area was a major target for significant copper-gold-cobalt mineralisation. It appears CRA was right on the money and Directors thank CRA for their contribution.
    History
    The Rocklands Copper Project was explored by a number of companies including CRA Exploration (Rio Tinto) in 1992. The Mines Department records show CRA drilled a number of holes into the project.
    CRA carried out exploration at and around the Rocklands Group Copper Project and described host rocks as quartzite, with layers of fine grained sediments and calcite lenses cut by steeply dipping dolerite dykes. They also described shear zones that parallel the dykes, the dykes being locally sheared and hosting disseminated pyrite and chalcopyrite together with quartz-magnetic-pyrite veins. The rocks are described as being pervasively silicified and/or pervasively chloritised.
    CRA also carried out exploration at a prospect know as Alex No 2. CRA described the Alex No 2 as little more than a shallow pit situated on the north side of Morrison Creek. CRA further described a line of malachite stained quartz “blows” that crops out along a low ridge north and parallel to Morrison Creek. CRA did not drill the Alex NO 2. The Alex No 2 was costeaned by AUM. The costean intersected a 6m wide, copper rich oxide zone. Drilling was then carried out with hole DORC-79 intersecting 78m @ 2.31% Cu from 34 to 112m.
    CRA described in “addition to the shear zone copper in realization at Double Oxide it appears that the previous drilling also intersected copper values at shallow depth some distance removed from the shear zone. CRA explained conceivable, that a flat layer of copper extends laterally away from the mineralised shear zone., and if the layer was widespread, tonnages
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    could be significant and mining would be a simple proposition”(excerpt from CRA August 1992 Report).
    Further reporting by CRA and others described copper mineralisation at the Rocklands Group as being hosted in sub-parallel northwest trending sets of sub vertical shears within a folded sequence of Mitakoodi Quartzite. They also described the principle mineralised structure, the Double Oxide Shear as traceable over 2,000m strike length, with at least five subordinate shears over a width of 500m. CRA also stated that the shears appear to have a combined length of 6,000m and represent a significant exploration target.
    The Double Oxide mine was operated by a small syndicate of local miners until 1994. Mining concentrated on native copper hosted within clay altered basalts. The clay was processed though a simple wash plant with 390 tonne of copper metal recovered from 900 tonnes of clay ore. The clay zone containing the native copper (up to 40% Cu) starts 15-26m below surface and extends to 100-140m depth. From surface to 25m depth is a high-grade copper oxide zone comprising malachite and rare azurite.
    Diamond drilling undertaken in the late 1980s below the native copper zone intersected over 90m of pyrite-chalcopyrite mineralisation within altered basalts and mafic intrusives. The Double Oxide is our third priority project (but still substantial) where shallow drilling by the company intersected copper mineralisation within a zone which is 600m long and up to 70m wide. Deeper drilling is planned with the aim of increasing the copper resource.
    DORC-106, The southeastern most hole drilled at Las Minerale intersected 155m of visible sulphide mineralisation from 60m-215m.
    Drill hole DORC-106, which was completed on 28 June 2006 intersected visible chalcopyrite from 60-215m (155m down-hole interval) within variably pyrite-chalcopyrite rich magnetite±quartz±clinopyroxene altered volcanics cut by a late stage quartz±carbonate±pyrite±chalcopyrite alteration. The current drill programme is progressing daily at 50m spacing along the grid pattern with three holes drilled behind each other in line with the back hole testing to + 200m depth.
    We have now varied the program temporarily to test and drill up at least 1,000m in strike length with locator holes and test depth of mineralisation with one hole. At the completion of proving 1,000m of strike, the drill will reverse and drill the two extra holes behind the test holes to test to a depth of + 200m
    The Directors of AUM will continuously inform shareholders as significant information becomes available.
    Yours faithfully,
    Wayne McCrae,
    Chairman.
    7
    Attachments:
    Figure 1. Diagram Las Minerale Drill Holes
    Figure 2. Location Map 3 Projects
    Figure 3. Cross Sections
    Figure 4. Drill Hole Location Double Oxide/Rocklands
    Figure 5. Project Location Map
    The information in this report that relates to exploration results, mineral resources or ore reserves is based on information compiled by Mr Chris Dredge, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Dredge has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Dredge consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.
    This report (the "Report") has been prepared by CuDeco Limited (formerly Australian Mining Investments Limited) (the "Company"). Any views, opinions or recommendations in the Report are solely those of the Company and do not in any way reflect the views, opinions or recommendations of ASX.
    Any statements made in the Report are the sole responsibility of the Company and derive from information solely within the knowledge of the Company. While ASX has reviewed this Report in accordance with the ASX Listing Rules, ASX does not accept any liability or responsibility for any errors, omissions or misstatements however caused. ASX does not endorse the content of the Report nor does ASX make any warranty or representation as to the accuracy, completeness, currency or suitability of the content of the Report.
    To the extent permitted by law, neither ASX nor ASX personnel shall be liable or responsible for any losses, damages, costs, expenses or claims arising in any way (including by way of negligence or otherwise) from anyone acting upon, relying upon or refraining from acting upon the Report or any information or material arising from or incidental to the Report, whether in writing or otherwise.
    Readers of the Report should obtain independent advice before making any financial and/or investment decisions.
    Reference to 'ASX' means 'ASX Limited', 'ASX Operations Pty Limited' and all other related bodies corporate.
    Figure 1 – Diagram Las Minerale Drill Holes
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    ��Rocklands GroupLas MineraleDouble OxideEPM 13049Prospect Locations0200400metres
    Figure 2 – Project Proximity Plan
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    Figure 3 – Las Minerale Cross Section
    10
    Figure 4 – Drill Hole Locations Double Oxide/Rocklands
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    Figure 5 – Project Location
    12
    CuDeco Limited
    (Formerly Australian Mining Investments Limited)
    ACN 000 317 251
    13 July 2
    006
    The Manager
    Company Announcements Office
    Australian Stock Exchange Ltd
    4th Floor, 20 Bridge Street
    SYDNEY, NSW 2000
    Dear Sir
    SIGNFICIANT DRILL INTERSECTIONS - ROCKLANDS GROUP COPPER PROJECT (EPM 13049), NORTHWEST QUEENSLAND
    HIGHLIGHTS - LAS MINERALE PROSPECT
    Further drill hole results from the Las Minerale Prospect continue to confirm wide intervals of copper-gold-cobalt mineralisation.
    • RC drill hole DORC-98 intersected 92m (45.5m true width) at 2.18% Cu from 6-98m including 50m (24.5m true width) at 3.29% Cu from 6-56m. The drill hole also intersected 15m (7.4m true width) at 1,704.7ppm Co (0.17% Co) from 16–31m including 8m (3.9m true width) at 2,240ppm Co (0.22% Co) from 21-29m. Gold mineralisation was intersected over 30m (14.7m true width) at 0.69 g/t Au from 10-40m (See Assay Table)
    • RC drill hole DORC-99 intersected 98m (43.6m true width) at 1.07% Cu from 59-157m including 12m (5.3m true width) at 2.39% Cu from 60–72m. The drill hole also intersected 26m (11.4m true width) at 1,156ppm Co (0.12% Co) from 62-88m and 8m (3.5m true width) at 1,205ppm Co (0.12% Co) from 133–141m.
    • RC drill hole DORC-100 intersected 65m (35.2m true width) at 1.26% Cu from 162–227m. The drill hole also intersected 52m (28.1m true width) at 993ppm Co (0.10% Co) from 166-218m including 21m (11.3m true width) at 1,406ppm Co (0.14%Co) from 166–187m.
    NOTE: True width estimates are taken at the middle of the intersections off drill-hole sections, computer generated. The angle of the holes is estimated by down-hole camera readings every 50 to 70m.
    Las Minerale Prospect
    The Company is pleased to announce further encouraging drill results from its Las Minerale Prospect. Assay results were received for three RC holes, namely DORC-98, 99 and 100 (Table 1). These holes were drilled along the same line and confirm mineralisation is open at depth.
    Thirty-three RC holes (Figure 1) totaling 4,408m have been completed at the Las Minerale Prospect with a further 45,000m of drilling planned for the coming months.
    ____________________________________________________________________________
    Unit 34, Brickwork Annex, 19 Brolga Avenue Southport Qld 4215
    Ph: 61 7 5503 1955 Fax: 61 7 5503 0288 Email: [email protected]
    14
    Table 1: Significant Intersections (DORC 98, 99 and 100 - Last three holes assayed)
    (A total of 29 RC holes drilled on Las Minerale at 9th July 2006)
    Las Minerale Prospect
    RC Drilling
    Summary of Significant Intersections
    Hole ID
    Easting
    (mE)
    Northing
    (mN)
    Azimuth
    (º mag)
    Dip
    (º)
    Depth
    (m)
    RL
    (m)
    From
    (m)
    To
    (m)
    Approx
    True Width
    (m)
    % Cu
    DORC-98
    433661
    7713762
    210
    -55
    113
    209
    6
    98
    45.5
    2.18
    DORC-99
    433681
    7713781
    210
    -55
    178
    218
    59
    157
    43.6
    1.07
    DORC-100
    433698
    7713798
    210
    -55
    244
    213
    162
    227
    35.2
    1.26
    Notes:
    • All RC holes inclined -55º
    • Azimuths are magnetic bearing
    • Collars located by GPS using AMG Zone 54, AGD66 Coordinate System, and not yet surveyed
    • Drilling undertaken by RC method using face sampling hammer (5¾')
    • RL’s measured by GPS and are approximate only
    • All RC holes surveyed by down-hole camera
    • Drill samples collected via three tier splitter producing 87.5%/12.5% split with 12.5% sub sampled forwarded for assay
    • Drill samples collected at 1m intervals
    • 0.20% Cu cutoff applied for quoted intersection
    • No cut of high values applied
    • Quoted intersection include up to 6m internal dilution
    • Quoted intersections are down-hole, not true width
    • 3 acid digest, AAS finish assay method used
    NOTE: A TOTAL OF 29 RC DRILLS HOLES (FROM DORC 78 TO 106 INCLUSIVE) HAVE BEEN DRILLED AT LAS MINERALE AS AT 9 JULY 2006. DORC 98, 99 AND 100 ARE THE LAST THREE HOLES FOR WHICH THE COMPANY HAS RECEIVED ASSAYS
    DRILLING TO DATE – ROCKLANDS GROUP COPPER PROJECT
    To date a total of 14,500m has been drilled on the Rocklands Group Copper Project.
    10,500m of RC Drill Holes (Feb 06 – July 06) (See Table 2)
    4,000m of RAB drilled in bedrock geochem drill programme (Nov 05 – Feb 06)
    Table 2 – Drill Hole Summary
    Rocklands Group Project, EPM 13049
    Double Oxide. Rocklands and Las Minerale Prospects
    RC Drilling Summary
    Hole ID
    Easting
    (mE)
    Northing
    (mN)
    Azimuth
    (º mag)
    Dip
    (º)
    Depth
    (m)
    RL
    (m)
    Prospect
    DORC-01
    433847.50
    7713001.00
    210
    -55
    60
    232
    Rocklands
    DORC-02
    433870.00
    7713201.00
    210
    -55
    60
    236
    Rocklands
    DORC-03
    433766.00
    7713057.50
    210
    -55
    60
    241
    Rocklands
    DORC-04
    433637.00
    7712890.00
    210
    -55
    88
    225
    Double Oxide
    DORC-05
    433572.75
    7712802.25
    30
    -55
    45
    229
    Double Oxide
    DORC-06
    433718.00
    7713159.75
    210
    -55
    60
    236
    Rocklands
    DORC-07
    433698.00
    7713132.00
    210
    -55
    60
    232
    Rocklands
    DORC-08
    433676.00
    7713103.75
    210
    -55
    60
    233
    Rocklands
    15
    Hole ID
    Easting
    (mE)
    Northing
    (mN)
    Azimuth
    (º mag)
    Dip
    (º)
    Depth
    (m)
    RL
    (m)
    Prospect
    DORC-09
    433659.00
    7713076.00
    210
    -55
    60
    231
    Rocklands
    DORC-10
    433575.00
    7712964.60
    210
    -55
    70
    232
    Double Oxide
    DORC-11
    433551.00
    7712934.75
    210
    -55
    60
    232
    Double Oxide
    DORC-12
    433529.50
    7712912.00
    210
    -55
    60
    226
    Double Oxide
    DORC-13
    433511.60
    7712878.60
    210
    -55
    60
    232
    Double Oxide
    DORC-14
    433463.50
    7712987.00
    210
    -55
    60
    236
    Double Oxide
    DORC-15
    433484.00
    7713015.50
    210
    -55
    60
    234
    Double Oxide
    DORC-16
    433506.00
    7713045.50
    210
    -55
    90
    239
    Double Oxide
    DORC-17
    433590.00
    7713323.00
    210
    -55
    60
    240
    Rocklands
    DORC-18
    433569.00
    7713297.00
    210
    -55
    150
    236
    Rocklands
    DORC-19
    433545.50
    7713268.50
    210
    -55
    120
    235
    Rocklands
    DORC-20
    433527.00
    7713238.25
    210
    -55
    60
    234
    Rocklands
    DORC-21
    433505.00
    7713214.00
    210
    -55
    60
    234
    Rocklands
    DORC-22
    433454.25
    7713136.75
    210
    -55
    60
    233
    Rocklands
    DORC-23
    433501.50
    7713376.00
    210
    -55
    60
    239
    Rocklands
    DORC-24
    433479.50
    7713348.25
    210
    -55
    60
    246
    Rocklands
    DORC-25
    433460.50
    7713322.00
    210
    -55
    60
    247
    Rocklands
    DORC-26
    433439.00
    7713292.50
    210
    -55
    60
    243
    Rocklands
    DORC-27
    433418.00
    7713263.00
    210
    -55
    70
    235
    Rocklands
    DORC-28
    433398.00
    7713234.00
    210
    -55
    60
    231
    Double Oxide
    DORC-29
    433377.00
    7713205.00
    211
    -55
    60
    238
    Double Oxide
    DORC-30
    433746.20
    7712772.80
    210
    -55
    65
    239
    Double Oxide
    DORC-31
    433695.25
    7712791.00
    210
    -55
    50
    235
    Double Oxide
    DORC-32
    433385.50
    7713219.75
    210
    -55
    58
    241
    Double Oxide
    DORC-33
    433461.00
    7713152.00
    210
    -55
    88
    235
    Double Oxide
    DORC-34
    433582.25
    7712817.50
    30
    -55
    100
    237
    Double Oxide
    DORC-35
    433307.00
    7713280.00
    210
    -55
    52
    235
    Double Oxide
    DORC-36
    433326.00
    7713307.00
    210
    -55
    64
    237
    Double Oxide
    DORC-37
    433269.00
    7713394.00
    210
    -55
    58
    234
    Double Oxide
    DORC-38
    433937.50
    7712952.00
    210
    -55
    58
    239
    Rocklands
    DORC-39
    433631.00
    7713036.00
    30
    -55
    38
    235
    Double Oxide
    DORC-40
    433970.00
    7713162.00
    210
    -55
    60
    240
    Double Oxide
    DORC-41
    433727.00
    7712836.00
    210
    -55
    160
    233
    Rocklands
    DORC-42
    433704.50
    7712805.50
    210
    -55
    65
    235
    Double Oxide
    DORC-43
    433589.50
    7712832.50
    30
    -55
    80
    237
    Double Oxide
    DORC-44
    433587.00
    7712978.75
    210
    -55
    140
    238
    Double Oxide
    DORC-45
    433472.00
    7713166.00
    210
    -55
    100
    235
    Double Oxide
    DORC-46
    433529.00
    7713075.00
    210
    -55
    160
    227
    Double Oxide
    DORC-47
    433430.75
    7713109.75
    210
    -55
    60
    239
    Double Oxide
    DORC-48
    433601.75
    7713303.25
    210
    -55
    40
    231
    Rocklands
    DORC-49
    433546.25
    7712923.25
    30
    -55
    70
    235
    Double Oxide
    DORC-50
    433607.25
    7712920.00
    210
    -55
    94
    226
    Double Oxide
    DORC-51
    433629.00
    7712954.00
    210
    -57.5
    160
    220
    Double Oxide
    DORC-52
    433542.75
    7713007.00
    210
    -55
    100
    229
    Double Oxide
    DORC-53
    433564.25
    7713033.00
    210
    -57.5
    148
    230
    Double Oxide
    DORC-54
    433485.50
    7713095.00
    210
    -55
    88
    223
    Double Oxide
    DORC-55
    433510.60
    7713129.20
    210
    -57.5
    160
    221
    Double Oxide
    DORC-56
    433531.00
    7712986.00
    210
    -55
    76
    233
    Double Oxide
    DORC-57
    433593.80
    7712904.60
    210
    -55
    65
    227
    Double Oxide
    DORC-58
    433676.50
    7712850.00
    210
    -55
    100
    231
    Double Oxide
    DORC-59
    433627.40
    7712874.50
    210
    -55
    84
    225
    Double Oxide
    DORC-60
    433471.00
    7713077.75
    210
    -55
    64
    232
    Double Oxide
    DORC-61
    433404.00
    7713159.80
    210
    -55
    64
    227
    Double Oxide
    16
    Hole ID
    Easting
    (mE)
    Northing
    (mN)
    Azimuth
    (º mag)
    Dip
    (º)
    Depth
    (m)
    RL
    (m)
    Prospect
    DORC-62
    433614.00
    7713353.00
    210
    -55
    70
    231
    Rocklands
    DORC-63
    433674.80
    7713704.00
    210
    -55
    64
    225
    Las Minerale
    DORC-64
    433303.00
    7713448.40
    210
    -55
    58
    227
    Double Oxide
    DORC-65
    433424.80
    7713183.40
    210
    -55
    64
    229
    Double Oxide
    DORC-66
    433564.00
    7712950.00
    210
    -55
    76
    223
    Double Oxide
    DORC-67
    433583.50
    7712888.75
    210
    -55
    58
    225
    Double Oxide
    DORC-68
    433619.00
    7712782.83
    30
    -55
    136
    222
    Double Oxide
    DORC-69
    433665.00
    7713255.17
    210
    -55
    68
    221
    Rocklands
    DORC-70
    433691.00
    7713291.00
    210
    -55
    70
    224
    Rocklands
    DORC-71
    433670.50
    7712751.83
    30
    -55
    106
    228
    Double Oxide
    DORC-72
    433558.30
    7712859.00
    30
    -55
    100
    227
    Double Oxide
    DORC-73
    433550.30
    7712845.17
    30
    -55
    130
    226
    Double Oxide
    DORC-74
    433508.50
    7712956.33
    30
    -55
    88
    226
    Double Oxide
    DORC-75
    433475.00
    7713003.00
    30
    -55
    82
    225
    Double Oxide
    DORC-76
    433441.50
    7713039.00
    30
    -55
    88
    228
    Double Oxide
    DORC-77
    433402.00
    7713068.75
    30
    -55
    64
    225
    Double Oxide
    DORC-78
    433595.80
    7713827.00
    210
    -55
    76
    221
    Las Minerale
    DORC-79
    433607.00
    7713842.50
    210
    -55
    118
    217
    Las Minerale
    DORC-80
    432907.20
    7714301.60
    210
    -55
    52
    225
    Las Minerale Ext
    DORC-81
    431851.75
    775117.25
    210
    -55
    63
    231
    Las Minerale Ext
    DORC-82
    433553.75
    7713850.75
    210
    -55
    94
    216
    Las Minerale
    DORC-83
    433577.50
    7713877.00
    210
    -55
    124
    217
    Las Minerale
    DORC-84
    433566.00
    7713861.00
    210
    -55
    46
    212
    Las Minerale
    DORC-85
    433589.00
    7713896.25
    210
    -55
    178
    217
    Las Minerale
    DORC-86
    433525.75
    7713910.00
    210
    -55
    70
    217
    Las Minerale
    DORC-87
    433539.00
    7713929.00
    210
    -55
    94
    216
    Las Minerale
    DORC-88
    433563.33
    7713961.83
    210
    -55
    154
    218
    Las Minerale
    DORC-89
    433504.50
    7713953.75
    210
    -55
    70
    216
    Las Minerale
    DORC-90
    433497.00
    7713942.50
    210
    -55
    58
    218
    Las Minerale
    DORC-91
    433513.25
    7713961.25
    210
    -55
    124
    214
    Las Minerale
    DORC-92
    433489.50
    7713937.17
    210
    -55
    58
    214
    Las Minerale
    DORC-93
    433528.60
    7713989.00
    210
    -55
    220
    216
    Las Minerale
    DORC-94
    433622.50
    7713783.25
    210
    -55
    58
    218
    Las Minerale
    DORC-95
    433634.00
    7713807.75
    210
    -55
    130
    216
    Las Minerale
    DORC-96
    433645.25
    7713826.25
    210
    -55
    196
    219
    Las Minerale
    DORC-97
    433642.00
    7713744.00
    210
    -55
    69
    215
    Las Minerale
    DORC-98
    433661.00
    7713762.33
    210
    -55
    113
    209
    Las Minerale
    DORC-99
    433681.14
    7713781.29
    210
    -55
    178
    218
    Las Minerale
    DORC-100
    433697.80
    7713797.80
    210
    -55
    244
    213
    Las Minerale
    DORC-101
    433619.75
    7713860.00
    210
    -55
    244
    219
    Las Minerale
    DORC-102
    433467.50
    7714005.00
    210
    -55
    160
    223
    Las Minerale
    DORC-103
    433491.00
    7714039.50
    210
    -55
    208
    212
    Las Minerale
    DORC-104
    433427.50
    7714034.80
    210
    -55
    198
    216
    Las Minerale
    DORC-105
    433389.25
    7714064.50
    210
    -55
    75
    224
    Las Minerale
    DORC-106
    433702.00
    7713726.75
    210
    -55
    208
    219
    Las Minerale
    Notes:
    • RC holes inclined -55º or -57.5º
    • Azimuths are magnetic bearing
    • RL’s measured by GPS and are approximate only
    • Collars located by GPS using AMG Zone 54, AGD66 Coordinate System, and not yet surveyed
    • Drilling undertaken by RC method using face sampling hammer (5¾'). Drill rig with 800psi, 1800 cfm (with two onboard boosters)
    • All RC holes surveyed by down-hole camera
    17
    With ongoing drill encouragement, the Company will continue further step out drilling to test the strike extension of the Las Minerale mineralised zone. The Company is also planning to commence a diamond drill programme in the next four-five weeks to test the down dip potential of the Las Minerale mineralised zone to vertical depths of 350-650m or more.
    Yours faithfully
    Wayne McCrae
    Chairman
    The information in this report that relates to exploration results, mineral resources or ore reserves is based on information compiled by Mr Chris Dredge, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Dredge has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Dredge consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.
    This report (the "Report") has been prepared by CuDeco Limited (formerly Australian Mining Investments Limited) (the "Company"). Any views, opinions or recommendations in the Report are solely those of the Company and do not in any way reflect the views, opinions or recommendations of ASX.
    Any statements made in the Report are the sole responsibility of the Company and derive from information solely within the knowledge of the Company. While ASX has reviewed this Report in accordance with the ASX Listing Rules, ASX does not accept any liability or responsibility for any errors, omissions or misstatements however caused. ASX does not endorse the content of the Report nor does ASX make any warranty or representation as to the accuracy, completeness, currency or suitability of the content of the Report.
    To the extent permitted by law, neither ASX nor ASX personnel shall be liable or responsible for any losses, damages, costs, expenses or claims arising in any way (including by way of negligence or otherwise) from anyone acting upon, relying upon or refraining from acting upon the Report or any information or material arising from or incidental to the Report, whether in writing or otherwise.
    Readers of the Report should obtain independent advice before making any financial and/or investment decisions.
    Reference to 'ASX' means 'ASX Limited', 'ASX Operations Pty Limited' and all other related bodies corporate.
    Figure 1: RC Drill Hole Location Plan
    18
    19
    Assay Results
    Holes No
    Intersection
    Cu %
    Co ppm
    Au g/t
    DORC 98
    06-07
    0.48
    100
    DORC 98
    07-08
    0.67
    150
    DORC 98
    08-09
    0.55
    170
    DORC 98
    09-10
    0.56
    240
    DORC 98
    10-11
    0.55
    160
    0.20
    DORC 98
    11-12
    0.75
    220
    0.11
    DORC 98
    12-13
    0.93
    510
    0.28
    DORC 98
    13-14
    0.87
    690
    0.33
    DORC 98
    14-15
    0.84
    550
    0.15
    DORC 98
    15-16
    0.83
    370
    0.20
    DORC 98
    16-17
    1.41
    1220
    0.22
    DORC 98
    17-18
    3.22
    2230
    0.54
    DORC 98
    18-19
    1.44
    240
    0.14
    DORC 98
    19-20
    1.87
    200
    0.35
    DORC 98
    20-21
    3.82
    660
    0.57
    DORC 98
    21-22
    11.3
    1240
    0.77
    DORC 98
    22-23
    11.7
    3240
    1.46
    DORC 98
    23-24
    13.1
    2900
    1.35
    DORC 98
    24-25
    17.3
    1910
    2.61
    DORC 98
    25-26
    17.3
    2250
    1.21
    DORC 98
    26-27
    10.5
    1190
    3.68
    DORC 98
    27-28
    14.9
    2740
    0.85
    DORC 98
    28-29
    13.4
    2450
    1.78
    DORC 98
    29-30
    3.52
    900
    0.49
    DORC 98
    30-31
    5.40
    2200
    0.69
    DORC 98
    31-32
    3.54
    870
    0.75
    DORC 98
    32-33
    1.69
    250
    0.18
    DORC 98
    33-34
    1.83
    460
    0.26
    DORC 98
    34-35
    2.16
    950
    0.50
    DORC 98
    35-36
    0.53
    340
    0.19
    DORC 98
    36-37
    0.89
    510
    0.11
    DORC 98
    37-38
    1.66
    620
    0.18
    DORC 98
    38-39
    3.32
    780
    0.38
    DORC 98
    39-40
    2.17
    410
    0.28
    DORC 98
    40-41
    1.05
    620
    DORC 98
    41-42
    0.94
    390
    DORC 98
    42-43
    0.5
    230
    DORC 98
    43-44
    0.44
    230
    DORC 98
    44-45
    0.41
    220
    DORC 98
    45-46
    0.42
    210
    DORC 98
    46-47
    0.7
    310
    DORC 98
    47-48
    0.98
    390
    DORC 98
    48-49
    1.10
    420
    DORC 98
    49-50
    0.90
    1040
    DORC 98
    50-51
    0.33
    180
    DORC 98
    51-52
    0.17
    400
    DORC 98
    52-53
    0.26
    490
    DORC 98
    53-54
    0.51
    520
    20
    DORC 98
    54-55
    0.64
    350
    Holes No
    Intersection
    Cu %
    Co ppm
    Au g/t
    DORC 98
    55-56
    0.28
    850
    DORC 98
    56-57
    0.17
    650
    DORC 98
    57-58
    0.13
    570
    DORC 98
    58-59
    0.13
    400
    DORC 98
    59-60
    0.08
    370
    DORC 98
    60-61
    0.08
    390
    DORC 98
    61-62
    1.54
    1280
    DORC 98
    62-63
    0.90
    760
    DORC 98
    63-64
    0.59
    360
    DORC 98
    64-65
    1.07
    430
    DORC 98
    65-66
    1.52
    430
    DORC 98
    66-67
    4.63
    1500
    DORC 98
    67-68
    2.51
    1460
    DORC 98
    68-69
    4.92
    1190
    DORC 98
    69-70
    1.58
    570
    DORC 98
    70-71
    2.21
    1070
    DORC 98
    71-72
    1.55
    660
    DORC 98
    72-73
    0.69
    320
    DORC 98
    73-74
    0.58
    460
    DORC 98
    74-75
    0.38
    420
    DORC 98
    75-76
    0.71
    480
    DORC 98
    76-77
    0.23
    510
    DORC 98
    77-78
    0.33
    250
    DORC 98
    78-79
    0.23
    280
    DORC 98
    79-80
    0.53
    500
    DORC 98
    80-81
    0.47
    330
    DORC 98
    81-82
    0.39
    210
    DORC 98
    82-83
    0.36
    470
    DORC 98
    83-84
    0.38
    120
    DORC 98
    84-85
    0.43
    100
    DORC 98
    85-86
    0.47
    180
    DORC 98
    86-87
    0.45
    200
    DORC 98
    87-88
    0.28
    200
    DORC 98
    88-89
    0.06
    120
    DORC 98
    89-90
    0.85
    220
    DORC 98
    90-91
    0.77
    410
    DORC 98
    91-92
    1.18
    250
    DORC 98
    92-93
    0.92
    110
    DORC 98
    93-94
    0.62
    100
    DORC 98
    94-95
    0.40
    60
    DORC 98
    95-96
    0.14
    30
    DORC 98
    96-97
    0.52
    40
    DORC 98
    97-98
    0.29
    150
    21
    Hole No
    Intersection
    Cu %
    Co ppm
    DORC 99
    59-60
    0.46
    360
    DORC 99
    60-61
    0.87
    200
    DORC 99
    61-62
    3.26
    940
    DORC 99
    62-63
    1.34
    1070
    DORC 99
    63-64
    0.47
    1200
    DORC 99
    64-65
    0.72
    1560
    DORC 99
    65-66
    1.36
    1320
    DORC 99
    66-67
    3.70
    1480
    DORC 99
    67-68
    3.47
    1460
    DORC 99
    68-69
    3.81
    1320
    DORC 99
    69-70
    2.80
    2410
    DORC 99
    70-71
    2.93
    960
    DORC 99
    71-72
    4.04
    1650
    DORC 99
    72-73
    0.31
    370
    DORC 99
    73-74
    0.18
    510
    DORC 99
    74-75
    0.42
    710
    DORC 99
    75-76
    1.54
    1640
    DORC 99
    76-77
    2.08
    1450
    DORC 99
    77-78
    2.13
    790
    DORC 99
    78-79
    1.52
    720
    DORC 99
    79-80
    1.34
    680
    DORC 99
    80-81
    0.35
    500
    DORC 99
    81-82
    1.04
    1540
    DORC 99
    82-83
    1.36
    1170
    DORC 99
    83-84
    1.14
    1880
    DORC 99
    84-85
    3.83
    760
    DORC 99
    85-86
    3.38
    740
    DORC 99
    86-87
    1.28
    1160
    DORC 99
    87-88
    2.30
    1000
    DORC 99
    88-89
    2.01
    460
    DORC 99
    89-90
    0.93
    330
    DORC 99
    90-91
    0.55
    150
    DORC 99
    91-92
    0.57
    170
    DORC 99
    92-93
    0.55
    150
    DORC 99
    93-94
    0.16
    160
    DORC 99
    94-95
    0.12
    300
    DORC 99
    95-96
    0.07
    170
    DORC 99
    96-97
    0.04
    150
    DORC 99
    97-98
    0.22
    330
    DORC 99
    98-99
    0.33
    500
    DORC 99
    99-100
    0.33
    360
    DORC 99
    100-101
    0.14
    300
    DORC 99
    101-102
    0.48
    570
    DORC 99
    102-103
    0.79
    460
    DORC 99
    103-104
    0.94
    610
    DORC 99
    104-105
    0.70
    370
    DORC 99
    105-106
    1.29
    180
    DORC 99
    106-107
    0.98
    140
    22
    Hole No
    Intersection
    Cu %
    Co ppm
    DORC 99
    107-108
    0.63
    160
    DORC 99
    108-109
    0.28
    120
    DORC 99
    109-110
    0.21
    90
    DORC 99
    110-111
    0.31
    230
    DORC 99
    111-112
    0.54
    250
    DORC 99
    112-113
    0.62
    260
    DORC 99
    113-114
    0.19
    200
    DORC 99
    114-115
    0.58
    270
    DORC 99
    115-116
    0.57
    480
    DORC 99
    116-117
    0.60
    820
    DORC 99
    117-118
    0.59
    640
    DORC 99
    118-119
    0.40
    460
    DORC 99
    119-120
    0.58
    480
    DORC 99
    120-121
    0.14
    290
    DORC 99
    121-122
    0.14
    470
    DORC 99
    122-123
    0.15
    730
    DORC 99
    123-124
    0.14
    500
    DORC 99
    124-125
    0.10
    360
    DORC 99
    125-126
    0.10
    370
    DORC 99
    126-127
    0.37
    830
    DORC 99
    127-128
    2.13
    840
    DORC 99
    128-129
    1.25
    1720
    DORC 99
    129-130
    1.52
    980
    DORC 99
    130-131
    0.33
    290
    DORC 99
    131-132
    0.21
    180
    DORC 99
    132-133
    0.12
    180
    DORC 99
    133-134
    1.59
    710
    DORC 99
    134-135
    2.48
    920
    DORC 99
    135-136
    2.00
    1250
    DORC 99
    136-137
    1.86
    2250
    DORC 99
    137-138
    1.68
    1170
    DORC 99
    138-139
    1.65
    970
    DORC 99
    139-140
    2.36
    1380
    DORC 99
    140-141
    1.31
    990
    DORC 99
    141-142
    1.28
    710
    DORC 99
    142-143
    0.79
    220
    DORC 99
    143-144
    0.59
    330
    DORC 99
    144-145
    0.51
    160
    DORC 99
    145-146
    0.55
    100
    DORC 99
    146-147
    1.15
    250
    DORC 99
    147-148
    1.33
    260
    DORC 99
    148-149
    1.22
    650
    DORC 99
    149-150
    1.67
    460
    DORC 99
    150-151
    1.04
    410
    DORC 99
    151-152
    0.29
    180
    DORC 99
    152-153
    0.78
    220
    DORC 99
    153-154
    0.44
    150
    DORC 99
    154-155
    0.33
    120
    DORC 99
    155-156
    0.50
    380
    DORC 99
    156-157
    0.54
    300
    23
    Hole No
    Intersection
    Cu %
    Co ppm
    DORC 100
    146-147
    0.16
    110
    DORC 100
    147-148
    0.09
    100
    DORC 100
    148-149
    0.07
    190
    DORC 100
    149-150
    0.28
    200
    DORC 100
    150-151
    0.12
    310
    DORC 100
    151-152
    0.16
    340
    DORC 100
    152-153
    0.21
    140
    DORC 100
    153-154
    0.05
    90
    DORC 100
    154-155
    0.39
    140
    DORC 100
    155-156
    0.22
    100
    DORC 100
    156-157
    0.06
    100
    DORC 100
    157-158
    0.13
    120
    DORC 100
    158-159
    0.06
    50
    DORC 100
    159-160
    0.39
    80
    DORC 100
    160-161
    0.08
    60
    DORC 100
    161-162
    0.05
    60
    DORC 100
    162-163
    1.85
    110
    DORC 100
    163-164
    0.46
    70
    DORC 100
    164-165
    0.36
    140
    DORC 100
    165-166
    0.04
    110
    DORC 100
    166-167
    0.95
    1400
    DORC 100
    167-168
    0.22
    590
    DORC 100
    168-169
    1.45
    2980
    DORC 100
    169-170
    1.31
    2340
    DORC 100
    170-171
    1.81
    3350
    DORC 100
    171-172
    0.92
    2700
    DORC 100
    172-173
    1.00
    2140
    DORC 100
    173-174
    3.66
    2730
    DORC 100
    174-175
    2.27
    1800
    DORC 100
    175-176
    3.17
    1380
    DORC 100
    176-177
    6.92
    820
    DORC 100
    177-178
    0.78
    470
    DORC 100
    178-179
    0.19
    360
    DORC 100
    179-180
    0.17
    460
    DORC 100
    180-181
    0.30
    420
    DORC 100
    181-182
    1.98
    880
    DORC 100
    182-183
    4.88
    1420
    DORC 100
    183-184
    1.64
    720
    DORC 100
    184-185
    2.51
    660
    DORC 100
    185-186
    2.56
    660
    DORC 100
    186-187
    1.05
    1250
    DORC 100
    187-188
    2.03
    910
    DORC 100
    188-189
    2.41
    730
    DORC 100
    189-190
    1.45
    680
    DORC 100
    190-191
    2.24
    760
    DORC 100
    191-192
    1.95
    590
    DORC 100
    192-193
    1.61
    530
    DORC 100
    193-194
    1.30
    1370
    DORC 100
    195-195
    1.61
    1460
    DORC 100
    195-196
    1.77
    870
    24
    Hole No
    Intersection
    Cu %
    Co ppm
    DORC 100
    196-197
    1.27
    540
    DORC 100
    197-198
    1.39
    800
    DORC 100
    198-199
    0.42
    520
    DORC 100
    199-200
    0.85
    1120
    DORC 100
    200-201
    1.05
    550
    DORC 100
    201-202
    0.36
    720
    DORC 100
    202-203
    0.31
    390
    DORC 100
    203-204
    0.32
    340
    DORC 100
    204-205
    0.17
    230
    DORC 100
    205-206
    0.39
    300
    DORC 100
    206-207
    0.93
    930
    DORC 100
    207-208
    0.58
    450
    DORC 100
    208-209
    0.61
    500
    DORC 100
    209-210
    0.87
    470
    DORC 100
    210-211
    0.83
    650
    DORC 100
    211-212
    0.98
    970
    DORC 100
    212-213
    1.07
    930
    DORC 100
    213-214
    1.18
    680
    DORC 100
    214-215
    1.42
    660
    DORC 100
    215-216
    1.1
    330
    DORC 100
    216-217
    1.28
    600
    DORC 100
    217-218
    0.90
    1550
    DORC 100
    218-219
    0.75
    410
    DORC 100
    219-220
    1.46
    600
    DORC 100
    220-221
    1.31
    330
    DORC 100
    221-222
    0.57
    220
    DORC 100
    222-223
    0.80
    210
    DORC 100
    223-224
    0.31
    130
    DORC 100
    224-225
    0.09
    90
    DORC 100
    225-226
    0.13
    90
    DORC 100
    226-227
    0.33
    90
 
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