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Rand Mining Ltd.

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Summary

Project:

Seven Mile Hill

Deposit:Seven Mile Hill
Location:Australia
Commodities:Gold
Date:10/30/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-10-2019: Rand Mining Ltd. announces an Exploration/Drilling Update report for its Seven Mile Hill deposit at the Seven Mile Hill project. Drilling results incl. 40m @ 0.72g/t Au from 136m. The aircore drilling program testing conceptual targets along t
Resources:x
CP/QP:[Overall Report]: Robert Henderson (Internal)
ABSTRACT:The aircore drilling program testing conceptual targets along the margins of the Kurrawang Formation in the northern project area was completed during the September Quarter. A total of 252 holes were drilled for 11883 metres with the entire program totalling 338 holes for 16356 metres. Drilling was undertaken on a nominal 400 metre by 20 metre grid pattern with holes penetrating to blade refusal. As shown in the table below, several holes returned intersections above 0.5g/t gold. These intervals are interpreted as mineralised pebbles within conglomerate beds of the Kurrawang Formation or associated secondary mineralisation dispersed during weathering of those rock units. No significant mineralisation was intersected in the target sequence adjacent to the Kurrawang Formation.

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