FYI Resources Inc.: Further Cadoux drilling results demonstrate suitability of feedstock for HPA refining

(firmenpresse) - Further Cadoux drilling results demonstrate suitability of feedstock for HPA refining

FYI Resources Limited (the Company or FYI) is pleased to provide the balance of the analytical results from the recent reverse circulation (RC) drilling program at the Companys 100% owned Cadoux kaolin project (EL/4673) in Western Australia.

The analysis results confirm the high-grade nature of the Cadoux resource and supports FYIs view on the qualities and characteristics of the kaolin as suitable feedstock for high purity alumina (HPA) (99.99% purity alumina) production utilizing an innovative process flowsheet being refined by the Company.

Whilst some minor delays in the metallurgical testwork was experienced due to the delay in receiving the analytical results, the overall flowsheet development continues to progress well with technical achievements exceeding the prefeasibility study managers expectations.

A total of 75 RC drill holes for 1,613m were completed. All holes were vertical and drilled to depths of 12m to 36m. Most drill holes intersected over 4m thickness of kaolin with several intersections of >27m thickness of kaolin. The drilling comprised:

- 46 holes were completed to infill a portion of the existing Mineral Resource to a 50m x 50m drill spacing.
- 20 fence holes were drilled around the existing resource beyond the previously tested area.
- Six twin holes were completed to check the results of the previous phase of aircore drilling.
- 3 holes were drilled over the remainder of the Mineral Resource at 100m x 100m.

- With the all assays now received, two immediate courses of action will be undertaken:
- the metallurgical high level variability test work and trade-off studies will be finalised; and
- the results of the assays will be compiled and incorporated into a revised resource model for the Cadoux kaolin project by FYIs independent geological consultant, CSA Global. The revised Mineral Resource will be released to the market once it is completed.

http://www.irw-press.at/prcom/images/messages/2018/43927/ASX-FYI further assays received_PRCOM.001.jpeg

The drilling program was designed as a crucial component to augment FYIs metallurgical study program and development of a robust HPA production strategy. FYI will continue refining of the HPA process flowsheet and progress the HPA production strategy.

The results for the final batch of drill samples are set out in Table 1 below.

CXRC -028 - Typical soil and kaolin profile at Cadoux project

Mr Roland Hill, FYIs Managing Director, commenting on the additional results said The balance of the analysis for the RC drilling is consistent with the previous campaign results and continues to support our opinion on the very favourable characteristics of the Cadoux deposit as a source of feedstock for the innovative HPA flowsheet we are developing. Understanding the geology and mineralogy of the project is fundamental to the success of the HPA refining and we are very pleased with the quality of the results for our development strategy.

http://www.irw-press.at/prcom/images/messages/2018/43927/ASX-FYI further assays received_PRCOM.002.jpeg




For more information please contact:

Roland Hill
Managing Director
roland.hill(at)fyiresources.com.au
Tel: 0414 666 178-

Simon Hinsley
Investor & Media Relations
Tel: 0401 809 653
simon(at)nwrcommunications.com.au

About FYI Resources Limited

FYIs is positioning itself to be a significant producer of high purity alumina (4N or HPA) in a rapidly developing LED, electric vehicle, smartphone and television screen as well as other associated high-tech product markets.

The foundation of the HPA strategy is the superior quality aluminous clay (kaolin) deposit at Cadoux and positive response that the feedstock has to the Companys moderate temperature, atmospheric pressure HCl flowsheet. The strategys superior quality attributes combine resulting in world class HPA project potential.

Competent person statement
The information in this release that relates to the Cadoux Mineral Resource is based upon information from the Company's announcement dated 8 May and 26 July 2017 and is available to view on the Company's website at www.fyiresources.com.au. The information that relates to Mineral Resources is based on information compiled by Mr Andrew Kohler, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy. Mr Kohler is an employee of Strategic Resource Management, and consultant to the Company. The Mineral Resource estimate complies with recommendations in the Australian Code for Reporting of Mineral Resources and Ore Reserves (2012) by the Joint Ore Reserves Committee (JORC). Mr Kohler consents to the inclusion of the report in the form and context in which it appears. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.
The information in this announcement that relates to Exploration Results is based on information compiled by Mr Andrew Kohler. Mr Kohler has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity that he has undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves. The exploration results comply with recommendations in the Australian Code for Reporting of Mineral Resources and Ore Reserves (2012) by the Joint Ore Reserves Committee (JORC). Mr Kohler consents to the inclusion of the report in the form and context in which it appears.

TABLE 1

FYI RC drilling results - 2 metre composites (balance from May 2018 program refer to announcement
25 June 2018 for initial results)
ELEMENTAl2O3Fe2O3K2O LOI MgO MnO P2O5 SiO2 TiO2
S

UNITS % % % % % % % % %
DETECTI0.01 0.01 0.01 0.01 0.01 0.01 0.0020.01 0.01
ON

METHOD FB1/XFB1/XFB1/X/TGA FB1/XFB1/XFB1/XFB1/XFB1/X
RF RF RF RF RF RF RF RF

SAMPLE
NUMBER
S

Hole# CXRC050 (from 4m- 22m)
10596 21.267.11 0.1 8.66 0.12 X 0.00561.680.86
10597 12.441.24 0.05 4.75 0.07 X 0.00280.260.74
10598 25.450.78 0.09 9.35 0.06 X 0.06 63.2 0.68
10599 9.68 0.7 0.03 3.63 0.04 X 0.00684.770.95
10600 30.170.76 0.14 11.2 0.09 X 0.19 55.521.48
10565 26.550.74 0.15 9.88 0.15 X 0.08962.010.4
10566 22.250.85 0.16 8.33 0.07 X 0.07367.650.41
10567 20.311.22 2.24 6.59 0.07 0.01 0.07668.430.52
10568 18.011.16 4.97 4.23 0.08 0.01 0.07969.840.58
Hole# CXRC053 (from 4m - 30)
10608 8.79 0.89 0.07 3.28 0.08 X 0.00486.290.66
10609 6.9 0.5 0.02 2.52 0.04 X 0.00489.290.67
10610 28.331.1 3.57 8.16 0.91 X 0.05155.771.51
10611 5.81 0.41 0.01 2.2 0.04 X 0.00690.210.9
10612 15.8 0.77 0.1 5.67 0.05 X 0.01876.581
10613 25.320.79 0.11 9 0.06 X 0.02364.060.48
10615 28.140.93 0.1 10.010.07 0.01 0.02360.150.55
10614 26.390.4 0.29 9.47 0.05 X 0.01863.180.15
10616 27.620.66 0.75 9.63 0.05 0.01 0.03760.330.5
10617 18.560.73 3.41 5.22 0.04 0.02 0.03 70.510.83
10618 20.160.67 3.63 5.7 0.05 0.01 0.02568.6 0.61
10619 19.220.97 4.75 4.88 0.04 0.01 0.03569.230.53
10620 17.770.75 4.95 4.28 0.04 0.01 0.03571.3 0.36
10621 18.630.77 4.75 4.04 0.17 0.01 0.05469.8 0.32
Hole# CXRC046 (from 4m - 32m)
10512 10.320.54 0.05 3.87 0.05 X 0.01483.271.69
10513 28.470.89 0.04 10.160.05 0.01 0.07358.781.29
10514 28.690.68 0.07 10.350.06 0.01 0.10158.361.4
10515 26.980.96 0.08 9.63 0.05 0.02 0.07160.961.28
10516 26.790.56 0.08 9.8 0.05 0.02 0.07661.2 1.25
10517 23.451.22 0.38 8.45 0.07 0.01 0.07665.320.57
10518 20.350.65 1.54 6.78 0.05 X 0.07969.910.27
10519 23.890.78 1 8.31 0.05 0.02 0.14164.161.11
10520 22.540.75 1.91 7.5 0.05 0.01 0.14865.8 0.93
10521 19.871.72 2.7 6.09 0.04 0.02 0.09668.5 0.76
10522 21.461.07 1.62 7.26 0.04 0.02 0.07567.051.03
10523 19.761.68 2.6 6.06 0.04 0.02 0.05 68.040.96
10524 18.620.6 3.74 5.21 0.03 0.02 0.04570.040.91
10525 21.482.5 1.38 6.85 0.26 0.03 0.11664.741.42
Hole# CXRC047 (from 4m - 26m)
10530 28.4 1.11 3.56 8.16 0.92 X 0.05255.651.51
10531 12.041.94 0.16 4.61 0.12 X 0.01 79.840.76
10532 6.59 0.68 0.07 2.46 0.05 X 0.00689.130.78
10533 6.24 0.52 0.02 2.29 0.04 X 0.00689.361.16
10534 32.950.58 0.08 11.820.07 X 0.02453.610.78
10535 33.580.54 0.1 11.940.09 X 0.03952.380.97
10536 27.890.65 0.74 9.73 0.2 X 0.03559.391.02
10537 26.770.84 1.02 9.22 0.17 0.01 0.05 60.161.11
10538 29.480.46 0.64 10.410.08 X 0.05457 1.01
10539 27.090.77 1.2 9.3 0.06 0.02 0.03959.961.16
10540 27.120.56 1.85 9.14 0.06 0.01 0.07359.651.19
10541 22.631.53 2.57 6.92 0.2 0.02 0.25163.471.38
Hole# CXRC048 (from 4m-24m)
10545 13.987.81 0.12 6.56 0.16 X 0.00670.080.79
10546 10.230.97 0.03 3.97 0.06 X 0.00282.9 0.99
10547 7.29 0.68 0.03 2.79 0.05 X 0.00387.990.64
10548 9.89 0.5 0.02 3.8 0.04 X 0.00784.3 0.96
10549 25.811.08 0.09 9.23 0.06 0.01 0.01362.430.68
10551 26.750.83 0.45 9.41 0.06 X 0.01561.320.71
10552 21.930.76 2.31 6.88 0.07 0.01 0.02367.510.59
10553 20.120.89 2.83 6.19 0.06 0.01 0.04768.910.69
10554 18.370.78 4.46 4.72 0.05 0.01 0.08870.490.44
10555 15.332.33 4.82 1.33 0.5 0.02 0.04271.440.37
Hole# CXRC049 (from 4m - 16m)
10559 8.5 2.93 0.04 3.48 0.04 X 0.00384.7 0.56
10560 23.623.48 0.11 9.09 0.08 X 0.00262.930.59
10561 23.092.13 1.6 8.09 0.06 X 0.00364.060.51
10562 18.8 2.35 3.99 5.15 0.14 0.01 0.01668.180.45
10563 15.933.07 4.77 2.77 0.51 0.02 0.03570.180.35
Hole# CXRC051 (from 6m- 30m)
10574 10.521.31 0.04 4.07 0.07 X 0.00382.740.92
10575 6.57 0.75 0.04 2.48 0.04 X 0.00488.381.05
10576 24.810.95 0.09 8.96 0.06 X 0.03663.331.14
10577 28.081.04 0.16 10.020.08 0.01 0.05358.821.16
10578 25.380.94 0.09 8.99 0.06 0.01 0.04862.821.06
10579 26.021.1 0.12 9.26 0.06 0.01 0.05561.431.39
10580 29.2 0.99 0.09 10.440.07 0.01 0.05757.940.85
10581 25.940.67 2.04 8.42 0.05 0.01 0.14160.9 1.14
10582 25.790.6 2.76 8.1 0.05 0.02 0.17260.011.46
10583 21.961.04 0.89 7.54 0.07 0.01 0.22 66.351.26
10584 23.871.68 3.21 6.46 0.72 0.02 0.20760.871.21
10585 18.940.97 4.56 3.67 0.19 0.01 0.16268.4 0.68
Hole# CXRC052 (from 4m - 24m)
10588 16.426.39 0.15 6.81 0.15 X 0.00568.860.75
10589 11.150.88 0.03 4.14 0.07 X 0.00482.141.26
10591 6.59 0.63 0.01 2.38 0.04 X 0.00389.3 0.8
10592 9.22 0.58 0.02 3.37 0.04 X 0.01584.641.87
10593 26.880.86 0.06 9.82 0.08 0.01 0.07660.281.5
10601 23.631.2 0.15 8.59 0.07 0.01 0.09364.271.2
10602 25.691.27 0.29 9.33 0.07 0.02 0.15660.841.68
10603 23.521.15 1.07 8.23 0.07 0.02 0.11663.651.4
10604 23.592.55 1.78 7.21 0.79 0.03 0.12860.181.51
10605 16.754.85 2.78 2.54 1.89 0.04 0.06764.921.03
Hole# CXRC054 (from 4m - 13m)
10624 13.431.36 0.09 5.13 0.12 X 0.00579.120.7
10625 6.2 0.47 0.02 2.36 0.04 X 0.00888.881.92
10626 11.321.01 0.11 4.36 0.08 X 0.01381.361.63
10627 32.130.58 0.18 11.570.08 X 0.03653.791.58
10628 18.181.6 0.16 6.82 0.1 X 0.01771.741.49
Hole# CXRC055 (from 4m - 26m)
10632 11.991.13 0.07 4.54 0.14 X 0.00681.140.76
10633 6.47 0.55 0.02 2.44 0.05 X 0.00788.951.42
10634 10.590.67 0.03 3.94 0.05 X 0.01182.541.66
10635 19.331.14 0.09 7.17 0.07 X 0.01970.341.68
10636 20.891.18 1.12 6.94 0.06 0.01 0.04968.740.74
10637 23.570.79 0.52 8.24 0.06 0.01 0.08 64.841.11
10638 25.330.76 0.97 8.54 0.07 0.01 0.08962.511.08
10639 26.510.63 0.74 9.27 0.08 0.01 0.06961.241.08
10640 28.540.68 1.79 9.53 0.06 X 0.06358.270.74
10641 21.650.85 3.43 6.38 0.07 X 0.08166.151.12
10642 22.451.55 2.99 6.82 0.11 X 0.08 64.620.83
Hole# CXRC056 (4m - 20m)
10645 5.69 0.69 0.03 2.07 0.04 X 0.00590.640.55
10646 4.82 0.63 0.02 1.69 0.03 X 0.00991.2 1.44
10647 28.740.59 0.08 10.3 0.06 X 0.02759.321.02
10648 27.520.56 0.11 9.74 0.05 0.01 0.02560.790.6
10649 24.550.91 0.15 8.52 0.04 0.02 0.03864.720.6
10650 28.441.11 3.59 8.08 0.93 X 0.05355.711.52
10651 24.361.02 1.66 7.78 0.11 0.01 0.06364.640.3
10652 21.1 1.36 2.26 6.5 0.06 0.01 0.07167.940.4
10653 22.191.06 2.62 6.76 0.06 0.01 0.06266.530.35
Hole# CXRC057 (4m - 22m)
10656 8.07 1.63 0.06 3.36 0.11 X 0.00785.311.13
10657 27.733.59 0.06 10.510.15 X 0.02556.790.67
10658 27.711.64 0.09 10.2 0.11 X 0.03359.1 0.56
10659 29.931.2 0.13 10.860.08 X 0.03456.760.58
10660 26.981.1 0.33 9.7 0.08 X 0.04960.840.71
10661 26.221.18 0.15 9.47 0.09 0.01 0.05362.120.92
10662 25.061.78 0.9 8.8 0.12 0.02 0.04661.950.87
10663 23.441.76 1.2 8.14 0.13 0.02 0.05364.080.94
10664 21.762.18 1.47 7.42 0.11 0.07 0.08765.311.32
Hole# CXRC058 (from 4m - 12m)
10668 7.46 0.89 0.03 2.81 0.08 X 0.00587.451.25
10669 12.988.55 0.06 5.82 0.42 X 0.02 71.4 0.66
10671 24.632.78 0.08 9.25 0.15 X 0.09261.2 1.29
10672 22.7 3.75 1.21 8.23 0.2 X 0.23761.531.55
Hole# CXRC059 (from 10m - 21m)
10678 22.942.6 0.13 9.37 0.12 X 0.03563.910.79
10679 29.481.89 0.08 11.140.07 0.02 0.09355.421.45
10680 20.861.21 0.54 7.48 0.06 X 0.09868.710.52
10681 18.360.93 3.24 5.43 0.05 X 0.05370.810.51
10682 19.731.06 3.32 5.65 0.12 0.01 0.07 68.4 0.42
10683 15.371.91 5.1 1.75 0.51 0.02 0.02571.330.39
Hole# CXRC060 (from 8m - 30m)
10688 22.7 3.16 0.1 9.16 0.15 X 0.00563.480.89
10689 14.162.46 0.09 5.55 0.07 X 0.02675.851.39
10690 28.411.11 3.57 8.22 0.92 X 0.05355.681.51
10691 28.612.57 0.12 10.860.09 X 0.06356.610.7
10692 25.351.13 0.17 9.25 0.06 X 0.05962.920.83
10693 26.921.22 0.13 9.86 0.06 0.01 0.16360 1.18
10694 33.8 1.45 0.17 12.590.09 0.01 0.31449.381.55
10695 21.691.09 1.82 7.15 0.05 0.01 0.18566.240.93
10696 22.391.2 2.98 6.79 0.06 0.01 0.11864.850.7
10697 17.040.58 5.43 3.29 0.06 0.01 0.10271.660.48
10698 18.450.87 6.01 4.07 0.06 0.01 0.11368.640.69
10699 18.2 1.85 7.74 2.76 0.44 0.02 0.13565.390.96
Hole# CXRC061 (from 8m - 26m)
10704 11.710.77 0.04 4.33 0.05 X 0.00781.920.67
10705 16.491.04 0.07 5.98 0.04 X 0.09274.960.81
10706 22.261.1 0.1 7.99 0.04 X 0.18467.020.63
10707 21.571.14 0.13 7.67 0.04 0.01 0.32667.640.67
10708 24.6 2.48 0.59 8.82 0.14 X 0.10161.490.92
10709 20.441.16 0.45 7.05 0.05 0.01 0.06769.390.7
10711 20.671.14 3.06 6.13 0.05 0.01 0.10468.170.59
10712 17.750.75 4.45 4.57 0.05 X 0.09571.520.4
10713 19.082.05 3.1 3.22 0.75 0.03 0.13966.470.86
Hole# CXRC062 (from 6m - 29m)
10717 8.53 0.77 0.02 3.17 0.05 X 0.00586.680.86
10718 8 0.42 X 2.97 0.03 X 0.00487.770.62
10719 18.951.05 0.05 6.74 0.05 0.01 0.01572 0.98
10720 20.451.4 0.11 7.2 0.05 0.01 0.01369.950.64
10721 23.421.24 0.12 8.35 0.05 0.01 0.02265.570.96
10722 22.291.2 0.12 7.88 0.05 0.01 0.04267.830.8
10723 23.751.05 0.23 8.61 0.04 X 0.05464.660.97
10724 23.670.94 0.75 8.42 0.05 X 0.06864.451.19
10725 20.431.03 2.26 6.65 0.05 X 0.05468.260.75
10726 14.141.98 5.62 1.23 0.13 0.01 0.05772.830.32
10727 21.531.06 2 7.15 0.04 0.01 0.06166.930.77
10728 18.741 4.51 4.56 0.08 0.01 0.07369.280.58
Hole# CXRC063 (from 6m - 34m)
10730 28.381.06 3.55 8.22 0.93 X 0.05455.511.52
10733 8.81 0.7 0.03 3.37 0.05 X 0.00386.420.65
10734 8.47 0.53 0.04 3.14 0.04 X 0.01186.710.92
10735 29.780.92 0.08 10.630.05 0.01 0.01957.870.69
10736 28.050.52 0.52 10.050.06 X 0.04659.670.55
10737 28.260.51 0.9 10.030.05 X 0.09558.9 0.49
10738 22.510.61 2.8 6.93 0.05 0.01 0.04165.870.56
10739 19.310.56 3.76 5.47 0.04 0.01 0.03169.740.57
10740 21.070.59 3.78 5.98 0.03 0.01 0.05467.450.57
10741 19.620.51 4.38 5.15 0.04 0.01 0.07168.630.64
10742 20.040.65 4.09 5.63 0.04 0.01 0.06367.510.88
10743 21.071.11 2.97 6.57 0.04 0.04 0.15564.8 2.16
10744 17.420.78 4.91 4.43 0.04 0.01 0.11670.680.6
10745 16.7 0.62 5 4 0.04 0.01 0.10272 0.6
10746 19.040.81 4.58 5.08 0.06 0.01 0.09269.040.96
Hole# CXRC064 (from 6m - 36m)
10752 6.62 0.4 0.02 2.51 0.04 X 0.00689.490.93
10753 8.07 0.57 0.02 3.02 0.03 X 0.00887.710.79
10754 26.8 1.1 0.08 9.63 0.05 0.01 0.01661.630.65
10755 29.390.67 0.2 10.790.04 X 0.03258.110.55
10756 23.130.67 1.56 7.79 0.05 0.01 0.03565.540.63
10757 18.760.72 3.25 5.45 0.03 0.01 0.03170.650.6
10758 16.840.8 3.93 4.47 0.04 0.01 0.03772.920.57
10759 23.710.5 3.05 7.29 0.04 0.01 0.04 64.650.42
10760 20.550.99 3.67 5.71 0.04 0.02 0.04367.920.43
10761 18.9 0.51 4.24 5.09 0.04 0.01 0.06 69.820.5
10762 19.040.65 4.35 5.06 0.04 0.01 0.06 69.990.54
10763 17.970.91 4.66 4.46 0.04 0.01 0.13 70.150.51
10764 18.750.69 4.25 5.09 0.04 0.01 0.07869.8 0.54
10765 18.870.86 4.33 5.05 0.04 0.01 0.06469.520.49
10766 20.460.97 4.2 5.82 0.04 X 0.07867.230.57
Hole# CXRC065 (from 4m - 20m)
10769 6.58 0.71 0.05 2.6 0.04 X 0.00688.7 0.99
10770 6.06 0.6 0.08 2.34 0.04 X 0.00989.451.44
10771 28.550.61 0.11 10.390.06 X 0.03158.911.29
10772 29.590.62 0.15 10.780.06 X 0.06456.761.82
10773 28.771.12 0.45 10.280.09 0.02 0.08457.021.79
10774 23.290.78 2.29 7.7 0.07 0.03 0.08763.8 1.42
10775 24.241.95 2.51 8.09 0.09 0.03 0.11660.561.69
10776 18.411.62 4.44 5.03 0.08 0.03 0.06769.260.55
Hole# CXRC066 (from 4m - 18m)
10779 7.64 0.66 0.07 2.85 0.05 X 0.00687.681.13
10780 6.91 0.55 0.05 2.57 0.04 X 0.00688.691.1
10781 21.590.79 0.43 7.67 0.08 X 0.03368.220.72
10782 24.011.25 1.16 7.94 0.06 0.02 0.04463.991.08
10783 24.570.93 1.82 8.17 0.05 0.01 0.07562.861.04
10784 23.491.21 2.4 7.6 0.06 0.01 0.08863.720.96
10785 20.061.79 3.31 6.04 0.06 0.03 0.16266.9 0.85
Hole# CXRC067 (from 4m - 15m)
10788 18.280.92 0.06 6.79 0.08 X 0.01973.390.67
10789 28.7 1.18 0.16 10.550.06 X 0.02458.040.94
10790 28.421.11 3.55 8.15 0.93 X 0.05455.631.54
10791 28.392.3 0.15 10.540.09 X 0.07557.441.07
10792 27.9 1.82 0.19 10.290.09 X 0.10958.121.14
10793 24.3 1.53 0.41 8.75 0.07 X 0.08864.3 0.64
10794 19.781.81 0.68 6.66 0.07 0.02 0.04470.970.17
Hole# CXRC068 (from 6m - 23m)
10798 8.59 0.71 0.07 3.26 0.06 X 0.00486.190.96
10799 20.561.54 0.03 7.77 0.06 X 0.01968.061.23
10800 28.271.31 0.08 10.340.09 X 0.16258.791.08
10801 24.481.44 1.23 8.47 0.09 X 0.16162.171.34
10802 23.320.71 2.51 7.6 0.07 X 0.28263.431.44
10803 25.2 0.88 1.94 8.37 0.07 0.01 0.23960.981.49
10804 21.021.04 3.36 6.11 0.06 0.01 0.09667.180.84
10805 19.511.72 3.18 5.8 0.09 0.02 0.16567.151.57
10806 17.372.48 3.35 3.88 0.34 0.03 0.14168.491.41
Hole# CXRC069 (from 6m - 28m)
10811 15.1 2.06 0.07 5.66 0.12 X 0.00775.931.18
10812 22.322.02 0.05 8.41 0.1 X 0.02666.430.75
10813 23.721.63 0.05 8.75 0.06 X 0.05465.160.54
10814 22.910.95 0.08 8.28 0.06 X 0.09166.750.58
10815 22.340.93 0.08 8.04 0.05 0.01 0.10867.580.57
10816 20.860.71 0.08 7.61 0.06 0.01 0.08370.080.46
10817 20.940.7 0.28 7.65 0.06 0.01 0.23268.690.65
10818 19.760.72 2.15 6.49 0.05 0.01 0.11869.720.56
10819 19.471.09 3.68 5.41 0.05 0.01 0.14768.620.76
10820 18.2 1.02 5.07 4.44 0.05 0.01 0.10569.560.81
10821 17.241.54 4.62 3.17 0.18 0.02 0.13470.940.48
Hole# CXRC070 (from 4m - 18m)
10824 19.6119.050.07 9.61 0.12 X 0.01 50.710.81
10825 15.2 8.61 0.19 6.79 0.17 X 0.01168.120.9
10826 19.073.54 0.18 8.44 0.34 X 0.00967.170.74
10827 17.095.52 0.18 8.09 0.32 X 0.01267.830.56
10828 23.834.28 0.16 9.57 0.28 X 0.03260.810.91
10829 20.1716.320.73 9.31 0.24 0.01 0.13251.831.12
10830 28.331.12 3.59 8.29 0.92 X 0.05355.521.51
Hole# CXRC072 (from 2m - 10m)
10839 25.3 4.96 0.08 9.6 0.12 X 0.00658.7 0.77
10840 24.073.24 0.05 9.06 0.06 X 0.00463.020.78
10841 20.632.16 0.08 7.44 0.04 X 0.00469.550.45
10842 22.422.04 0.28 8.22 0.07 X 0.00666.9 0.33
Hole# CXRC073 (4m - 16m)
10846 12.913.31 0.09 5.1 0.14 X 0.00677.860.81
10847 12.692.8 0.16 4.85 0.1 X 0.00779.130.48
10848 17.850.99 1.86 5.59 0.05 X 0.00673.280.31
10849 18.931.09 2.45 5.82 0.06 X 0.00771.440.25
10851 16.212.04 4.62 3.2 0.1 X 0.01 73.030.22
10852 17.282.04 4.35 3.82 0.31 0.01 0.01 70.330.4
Hole# CXRC074 (from 4m - 18m)
10856 10.642.05 0.07 4.4 0.1 X 0.00579.490.73
10857 22.022.05 0.11 8.5 0.08 X 0.01965.8 1.02
10858 23.692.05 0.14 8.62 0.07 X 0.02365.061.17
10859 27.812.06 0.14 9.8 0.06 X 0.03859.961.25
10860 26.592.06 0.17 9.49 0.05 X 0.03561.441.3
10861 23.772.07 1.99 7.68 0.05 0.01 0.07164.271.04
10862 24.482.07 1.16 8.62 0.17 0.01 0.19761.521.46
Hole# CXRC075 (from 4m - 15m)
10866 12.952.08 0.08 5.25 0.15 X 0.00576.870.71
10867 13.812.08 0.1 5.58 0.17 X 0.00675.850.82
10868 23.242.09 0.13 8.28 0.07 X 0.01366.450.67
10869 31.042.09 0.31 11.210.08 X 0.03 55.060.82
10870 28.392.09 3.59 8.21 0.92 X 0.05355.5 1.51
10871 24.652.10 1.56 8.37 0.23 0.02 0.03461.751
10872 19.772.10 2.66 6.57 1.22 0.06 0.03261.590.86

Appendix 1
JORC Code 2012 Edition - Table 1
Section 1 Sampling Techniques and Data
Criteria Commentary
Sampling Reverse Circulation (RC) chip samples were
techniques collected at 1m intervals from a cone splitter
mounted on the side of the RC rig. 75% of the
sample volume from each drilled metre was
collected in a 900x600mm green plastic bag, and
the remaining 25% of volume is used to generate
a split sample which is collected in a 200x150mm
calico bag and then placed into a green plastic
bag and sealed to retain sample moisture. The
split samples were collected directly from the
cyclone / splitter because the samples for assay
are also measured for

insitu moisture. The samples were composited into
2m samples (generated from the drill rig cone
splitter) and sent to Intertek for sampling
analysis + moisture testing.



Drilling RC was employed on the drilling program using a
techniques 450 Schramm drill rig with KL rod handler, auto
maker/breaker slips table, rig-mounted cone
sampling system and with hammer and blade bit
capabilities. Both hammer and blade drilling was
employed on various selected holes to gauge
variability and quality of sample return as well
as to compare with repeat holes from previous
drilling.

Drill sample Sample recoveries from the RC drilling were
recovery weighed and measured and sizes recorded

demonstrating that sample recovery from all holes
was of an acceptable standard. Photos of
separate chip (cuttings) trays were also taken
to demonstrate the lithology profile of the
hole
. Selected samples were also tested for moisture
content - allowing a greater confidence in
sample return quality and for specific gravity
testing.

Logging Chip tray samples were taken along with normal
logging procedures and protocols. 2 sets of
logging and sample correlation

was conducted on site during the drilling and
sampling program. The chip tray samples were
non-sieved and dry and photographed on a whole

hole basis. All holes were field logged by 1m
intervals by a qualified geologist for a variety
of geological qualities, characteristics and
definition.


Sub-sampling All sampling procedures for the RC drilling have
techniques been reviewed by a qualified geologist and
and sample
preparation is considered to be of a high standard. The RC dri
lling sampling procedure was 1m samples split
using a rig mounted cone splitter and collected
in marked plastic bags. A 2m composite sample
was generated from 1-2kg collected in small
calico bags which were then placed in small
green plastic bags. These were marked with
corresponding sample numbers. At regular and

adhoc intervals, repeat samples were taken and
noted as well as interspersed standard samples
of quartz (blank) and kaolin (standard) were
also included at a 1in 9 interval as sample
checks for QA/QC. All samples were sent to Perth
to Intertek for laboratory sampling interspersed
with the RC drilling program samples.



Larger (5-10kg) samples were collected in large
green plastic bags on a 1m sample basis and sent
to Independent Metallurgical Operations (IMO)
for further metallurgical

testwork purposes. All samples were dry. 715
1-2kg samples (including repeats and standards)
totalling 1613 metres of drilling were brought
back to Perth for testing.



Total sample returns were measured by weighing
and estimating return volume percentages. All
samples were dry other than the occasional
sample that may have been affected by water
introduced by the driller to remove pipe
blockages.



The 2 m composite samples were generated from the
rig mounted cone splitter ensuring equal amounts
were collected from each metre, thus giving a
homogeneous volume for each metre in the
composites. Samples were submitted to Intertek
laboratories in Perth, Western Australia for

XRF analysis methods on a range of elements and
kaolin parameters as well as testing for

insitu moisture (LOM/DR).

Mr Kohler has reviewed the QAQC data and has
found it to be of high
standard.

Quality of Analysis for Sizing, SiO2, Al2O3, Fe2O3, TiO2, CaO
assay data ,
and
laboratory MgO, K2O, Na2O, P2O5, Mn3O4, Cr2O3 and LOI, was
tests completed using XRF methods in a globally
recognised analysis laboratory. All of the
inserted repeat samples, duplicates, blanks and
standards are within tolerance of the original
assay and without bias. Mr Kohler reviewed
internal QAQC reports and analysis and confirms
that all assay data used is of high industry
standard for quality assurance/quality control
procedures.


Verification The drilling program designed by CSA Global also
of sampling included verification drilling and sampling of
and the previous Air Core drilling program that was
assaying completed in May 2017. The verification included
6 repeat RC holes against the previous Air Core
holes.

Location of All drill holes used in the resource estimate
data have been accurately surveyed by a licenced
points contract surveyor (+/-10cm accuracy). The collar
locations were also checked by the site
geologist using a Garmin GPS at site. The
vertically drilled holes (-90) were drilled to a
maximum of -34m and were followed up with down
hole surveying by

Surtech Geophysical Services.
Data spacing 75 holes were drilled in approximately 1km square
and at approximately 50m
distribution
spacings or 100m spacing between the previous Air
Core drilling. This resulted in

a generally 50 x50m coverage of the deposit area.
The drill spacing was considered suitable to

establish both geological and grade continuity
for definition of Inferred Mineral Resource.
Samples were composited to 2m for analysis.


Orientation The orientation of the drilling is approximately
of data in perpendicular to the strike and dip of the
relation to mineralisation and the risk of sample bias is
geological considered to be low.
structure

Sample All samples were under supervision from the rig
security to the laboratory. All residual sample material
is stored securely in sealed bags.


Audits or Mr Kohler has reviewed QAQC results and found the
reviews sampling and the sample handling techniques to
be of a high standard for the project QA/QC.

Section 2 Reporting of Exploration Results
Criteria Commentary
Mineral The granted Exploration Licence 70/4673 in Western
tenement Australia, covering an area of
and land 59km2
tenure
status

Exploration White Gold Kaolin (WGK) carried out all the
done by previous prospecting and drilling work that is on
other the tenement EL 70/4673. The previous
parties
aircore drilling was comprised of 47 drill holes
for 824m. The exploration work was carried out
from 2011 to 2014.


Geology The project area is underlain by weathered granitoi
d
Archaean rock of the Yilgarn Granites is the
likely parent material for the kaolin. Here, deep
weathering of the feldspathic and ferromagnesian
minerals within the metamorphosed granitic has
resulted in the formation of kaolinite. There is
no outcrop but recognizable

granitoidal fragmental rocks are sometimes present
just below surface. The crust of the overburden
comprises gravel and sands over reddish to off
white clay. White kaolin underlies the
overburden followed by weathered, partial
oxidised and then fresh

ganitoids at depth. The recent drilling at the
property has revealed a weathering profile which
is very common in Western Australia with the

granitoid rocks, deeply weathered forming a
leached,

kaolinized zone under a lateritic crust. Analysis
at the Laboratory shows particle size
distributions are typical of primary style

kaolins produced from weathered granites. The
crust of overburden comprises gravel and sands
over reddish to off-white clay to an average
depth of 5m. White kaolin then averages
approximately 16 m before orange to yellow sandy
and mottled clays are intersected which are
followed by recognizable rounded

granitoid material. The thickness of the kaolin
profile varies from less than 1m to a maximum of
28m. Fresh

granitoids are found at depths of between 10 and
30m. All kaolin resources are within 4 to 11
metres of the surface. 47 Air Core

drillholes with a total of 824m drilled in May
2017 with a further Reverse Circulation drilling
program conducted in April 2018 consisting of 75
RC drill holes totalling 1613 metres resulting in
715 2m composite samples. All holes were drilled
vertically. Intersected kaolin thickness ranged
from
1-28m.

Drill hole 75 Reversce Circulation drill holes were drilled
Information on an approximate 50m x 50m pattern at -90 dip
and 0 degrees azimuth. The

deepest hole was approximately 35m deep with the
average being approximately 21.5m
deep.

Data Cadouxs geological model required a minimum
aggregation thickness intercept of 2m of kaolinite with the
methods requirement of having to be visually bright white
to be included in the estimate. Samples within
the wireframe were composited to 2m intervals
based on visually contiguous down-hole intervals.
The sample intervals were selected by the site
project Geologist. No high-grade cuts were
applied. Industry standard for Kaolinite

cutoffs are a maximum value of 0.7% Fe2O3, 0.5%
TiO2 and 2% K2O. Assay results from drilling were
all lower than the

cutoff values.
RelationshipAll drill holes are vertical (-90). The
between orientation of the drilling is approximately
perpendicular to the strike and dip of the
mineralisati mineralisation.
on
widths and
intercept
lengths

Diagrams Refer to figure 1
Balanced The reporting is considered to be balanced.
reporting

Other The normal high levels of QA/QC for the retrieving
substantive and recording of the field data and sampling
exploration techniques were observed by the attending field
data geologist (CSA).



The collar locations were planned by CSA prior to
the program and surveyed in by a qualified
surveyor. The drill rig was positioned on site by
the supervising senior geologist. The drill
collars were surveyed and RLs measured of the
actual collar post drilling.


Further workThere is little further geological definition work
to do on the project - other than to expand the
resource with further step-out drilling.



At the appropriate time - conversion of the
resource to a higher category will be required.
There has been sufficient work conducted at a
high degree of quality to allow for this
calculation to be done without further site
activity
(
ie drilling).

http://www.irw-press.at/prcom/images/messages/2018/43927/ASX-FYI further assays received_PRCOM.003.jpeg


Figure 1: Kokardine Kaolin Resource outline and EL70/4673 boundary

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