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42 Independence Group NL
Figure 13: Long Operation – Longitudinal Projection showing target areas and significant intercepts.
Note: See June 2015 Quarterly Report released to ASX on 29 July 2015, March 2015 Quarterly Report released to ASX on
21 April 2015 and September 2014 Quarterly Report released to ASX on 22 September 2014
Fault
Fault
Interpreted Channel Position
Interpreted Channel Position
2.5m @ 5.4% Ni
5.4m @ 12.4% Ni
0.3m @ 1.7% Ni
0.6m @ 3.3% Ni
0.2m @ 2.9% Ni
Exploration
Drilling
Resource
Drilling
Moran
South
0.2m @ 6.0% Ni
-500mRL
-1,000mRL
546,500mN
547,000mN
547,500mN
-250mRL
-750mRL
546,750mN
547,250mN
Victor South
McLeay
McLeay
South
Moran
N
0
250
metres
Long Nickel Operation Grid
0.5m @ 10.0% Ni
4.2m @ 4.9% Ni
0.5m @ 10.0% Ni
1 9 6.4% Ni
0.4m @ 5.2% Ni
0.6m @ 6.0% Ni
0.7m @ 1.2% Ni
3.9m @ 7.6% Ni
3.6m @ 2.9% Ni
0.6m @ 3.3% Ni
0.9m @ 4.0% Ni
4.5m @ 2.4% Ni
1.4m @ 5.4% Ni
1.1m @ 3.5% Ni
Interpreted Mineralisation Outline
Significant drill hole intercepts >1% Ni
(drill intercepts are quoted as down hole width,
not true width)
Mine Development
Nickel Sulphide Surfaces
Porphyry - drill intercept
Recent Drilling
Proposed
Drill Drives
McLeay
At McLeay, 18 underground diamond drill holes for 2,292m were completed to test extensions of the McLeay Surface 6. Drilling
defined an open contact komatiite channel position 60m wide down-dip and 300m down-plunge. Mineralisation extends to the
north and south of current mine development with the best results reported in the following drill holes:
•
MDU-722 with 4.5m @ 2.38%Ni from 72m ( True width 2.3m)
•
MDU-724 with 3.55m @ 2.87%Ni from 90m (True width 1.2m)
•
MDU-726 with 3.9m @ 7.57%Ni from 128m (True width 3.5m).
Moran South
At Moran South, 12 underground diamond drill holes for 3,160m were completed defining a nickel mineralised envelope (>1%
nickel). The mineralisation is defined by six drill intercepts and is 320m x 60m in size. There are also eight coincident DHEM
conductors with the largest conductor being 65m x 45m in size. The Moran South Drill Drive is being developed in the footwall
basalt, to the west of the known mineralisation to develop a platform for further drill testing. Drill testing of the mineralised
zone, as well as step out drilling to the south, has commenced in FY2016.