Fountain Head Gold Project Development Overview
Fountain Head Gold Deposit
Table 4: Fountain Head and Tally Ho Mineral Resources by JORC Classification as at 16 June 2020, reported utilising a cut-off grade of
>0.7 g/t Au which is consistent with the assumed open cut mining method. See ASX Release 16 June 2020 for JORC tables
JORC Classification
Indicated
Inferred
Total
Indicated
Inferred
Total
Indicated
Inferred
Total
Tonnage (Mt)
Tally Ho
0.94
Au (g/t)
2.0
Ounces (Koz)
59
0.94
2.0
59
Fountain Head
0.89
1.4
41
1.11
1.6
56
2.00
1.5
96
Total Fountain Head + Tally Ho*
1.83
1.7
100
1.11
2.94
1.6
56
1.7
156
Table 5: Historic drillhole specifications and intercepts. Note all coordinates are given in MGA94_Z52 datum
Prospect
Medusa
Hole ID
MEDR0001
Type East
RC
North
Azi° (mag)
Dip°
EOH
From
Int (m)
gold g/t
761,025
8,524,049
105
-60
120
26
2
1.83
Medusa
MEDR0008 RC
761,411
8,524,492
105
-60
120
9
3
1.19
Cookies Corner
CC03
RC
758,915
8,542,064
86
-60
80
133
6
1.82
Cookies Corner
CC04
RC
758,962
8,542,067
266
-60
63
44
4
2.12
Cookies Corner
Cookies Corner
CC05
RC
758,988
8,542,066
266
-60
80
45
10
1.66
CCRC003
RC
758,883
8,542,111
90
-60
139
133
6
1.82
Cookies Corner
CCRC004
RC
758,946
8,542,011
90
-60
91
44
4
2.12
Cookies Corner
CCRC017
RC
758,944
8,541,912
90
-60
61
35
4
2.86
Cookies Corner
CCRC018
RC
758,975
8,542,010
90
-60
79
61
2
3.45
Cookies Corner
CCRC023
RC
758,828
8,541,815
90
-60
109
75
11
1.13
Western Arm Nth
NW 1
RC
748,910
8,518,476
0
-90
Western Arm Nth
NW 8
RC
748,980
8,518,475
0
-90
Western Arm Nth
NW 9
RC
748,990
8,518,475
0
-90
222
19
1
2.23
13
2
1.26
8
1
1.30
PNZ
METALS
33View entire presentation