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Vector Resources Ltd.

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Summary

Project:

Adidi-Kanga

Deposit:Adidi-Kanga
Location:Congo
Commodities:Gold
Date:2/5/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-2-2018: Vector Resources Ltd. announces a Resource Estimation report for its Adidi-Kanga deposit at the Adidi-Kanga project. Updated Mineral Resource from SAMREC code to JORC 2012 code. Vector Resources Limited (“Vector” or the “Company”) is pleased to
Resources:(Resource, I+I): 15Mt @ 6.66g/t Au for 3.2Moz contained at project
CP/QP:[Resources]: Peter Stockman (Stockman Geological Solutions Pty Ltd.)
ABSTRACT:Vector Resources Limited (“Vector” or the “Company”) is pleased to announce that following an independent resource verification process, it has finalised the conversion of the historical SAMREC Mineral Resource Estimate prepared by AngloGold Ashanti in 2013 (refer ASX Announcement of 22 December 2017) for the Adidi-Kanga Gold Project to a JORC (2012) compliant Mineral Resource Estimate of 3.2 million ounces of contained gold. The Mineral Resource Estimate is reported in line with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and is classified into the Indicated and Inferred categories as shown in Table 1. The Total Mineral Resource Estimate (JORC 2012) of 15.0Mt’s at 6.6 g/t gold for 3.2Moz of contained gold has been completed for the Adidi-Kanga Gold Project, which includes 6.9Mt at 6.74 g/t for 1.5Moz in the indicated category and 8.1Mt at 6.6g/t for 1.7Moz in the inferred category. The verification process has been completed during the due diligence and documentation phase on Vector’s acquisition of the Adidi-Kanga Gold Project. The independent geological consultancy, BM Geological Services (BMGS) in Perth were contracted by Vector to complete an independent verification of the historical mineral resource reported under the South African Code for reporting of Exploration Results, Mineral Resources and Mineral Reserves (the SAMREC code). Include in the scope of work was a conversion, if sufficient data and verification was completed, of the SAMREC Mineral Resource Estimate to a JORC (2012) Mineral Resource Estimate.

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