Investor Presentaiton
RAIDEN
RESOURCES
Criteria
Location of data points
JORC Code explanation
Discuss any adjustment to assay data.
Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings
and other locations used in Mineral Resource estimation.
Specification of the grid system used.
Quality and adequacy of topographic control.
Data spacing and distribution
•
Data spacing for reporting of Exploration Results.
•
Orientation of data in relation to
geological structure
Sample security
Audits or reviews
Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity
appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
Whether sample compositing has been applied.
• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is
known, considering the deposit type.
•
If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to
have introduced a sampling bias, this should be assessed and reported if material.
The measures taken to ensure sample security.
The results of any audits or reviews of sampling techniques and data.
Commentary
•
company personnel.
Sample points were determined by hand held GPS which is considered
appropriate for the reconnaissance nature of the sampling.
Co-ordinates are provided in the Geocentric Datum of Australia
(GDA94) Zone 50.
Not applicable due to the reconnaissance nature of the sampling.
No attempt has been made to demonstrate geological or grade continuity
between sample points.
Not applicable
For the current sampling program the sample chain of custody is managed
by Raiden. All samples were collected in the field at the project site in
number-coded calico bags/secure labelled polyweave sacks by Raiden's
geological and field personnel. All samples were delivered directly to the
associated carrier, RGR Road Haulage, by Raiden personnel before being
transported to the ALS laboratory in Perth WA for final analysis.
No review of the sampling techniques has been undertaken.
Section 2 Reporting of Exploration Results
JORC Code explanation
Criteria
Mineral tenement and land
tenure status
•
Type, reference name/number, location and ownership including agreements or material issues
with third parties such as joint ventures, partnerships, overriding royalties, native title interests,
historical sites, wilderness or national park and environmental settings.
•
•
The security of the tenure held at the time of reporting along with any known impediments to
obtaining a licence to operate in the area.
Exploration done by other
parties
•
Acknowledgment and appraisal of exploration by other parties.
Geology
Deposit type, geological setting and style of mineralisation.
RAIDEN RESOURCES INVESTOR PRESENTATION
Commentary
•
•
Raiden Resources Ltd tenements are located in the City of Karratha, within the Pilbara region
of Western Australia.
Refer to Appendix 1, Tenement Schedule
Tenements E47/4061, E47/4063, and E47/3849 are granted tenure while E47/4062 and
P47/2028 are in the application stage.
Tenements are located on the Mt Welcome pastoral lease.
Raiden is not aware of any existing impediments nor of any potential impediments which
may impact ongoing exploration and development activities at the project sites, with the
exception of E47/3849 which Raiden notes is currently subject to an Application for
Forfeiture but on which expenditure commitments have been well met every year since grant.
A search and compilation of historic exploration has been completed.
Work included stream sediment, soil and rock sampling, geological mapping, and
geophysical surveys.
• Potential for lithium-caesium-tantalum bearing pegmatite mineralisation.
•
Andover Project geological setting - previous explorers considered the area to be part of the
Ruth Well Formation (Mafic and ultramafic volcanic and intrusive rocks; minor chert;
metamorphosed), however a recent interpretation by the company shows that the rocks of the
Andover Intrusion/Complex (Archean-age mafic-ultramafic intrusion) extend under cover
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