Mawson West Limited: Kapulo Project Drilling Update

PERTH, AUSTRALIA--(Marketwired - Nov. 19, 2013) - Mawson West Limited (TSX:MWE) ("Mawson West" or "the Company") is pleased to provide an update on the results of ongoing drilling at the Company's Kapulo copper project in the Democratic Republic of Congo ("DRC").

Overview

Kapulo comprises three outcropping copper deposits, Shaba, Safari North and Safari South (Figure 1). Together, the three deposits comprise total Indicated Resources of 5.95Mt @ 3.5% Cu and 9ppm Ag, and Inferred Resources of 2.42Mt @ 2.2% Cu and 6ppm Ag¹ (Table 1, Appendix A). Mineral Reserves have been estimated only for the Shaba deposit: 3.6Mt @ 3.6% Cu and 8.3ppm Ag (Table 2, Appendix A). The Shaba Mineral Reserve formed the basis for the decision to proceed with development of Kapulo copper project.

¹ Refer to NI43-101 Technical Report "Kapulo Copper Project, DRC" dated 30 June 2011.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/MWE_Figure1.pdf.

Drilling programs have been carried out at Shaba, Safari North and Safari South deposits since February 2013, with the effort stepped up from one rig to three rigs in May 2013. The objectives of the drilling campaign have been to upgrade the confidence categories of all resources, enable estimates of Mineral Reserves for Safari North and South deposits and obtain core samples for additional metallurgical test work. To the end of October, the 2013 program totalled 9,735 metres in 149 RC holes and 6,500 metres in 45 diamond core holes (including 2.034 metres in RC pre-collars). A further 353 metres of RC and 110 metres of core has been drilled in eight sterilisation holes.

At the end of October remaining planned drilling totalled approximately 1,900 metres of RC and 1,100 metres of core. It is anticipated that drilling will be complete by the end of November 2013, with re-estimation of resources to follow immediately. The updated resource models will form the basis for new Mineral Reserve estimates, mining schedules and financial modelling to be undertaken in Q1 2014.

Drill results available at mid-September for Shaba and Safari North deposits, along with those available at end of October for Safari South deposit, are discussed below.

Shaba Deposit

Figure 2 shows a long-projection of Shaba deposit, looking west. The figure represents horizontal width of mineralisation above 1% Cu cut-off multiplied by Cu grade, i.e. Cu grade x thickness metal accumulation. The figure is diagrammatic, based on the drill results available at mid-September 2013 and does not represent the model of Mineral Resources. The southerly plunge of the mineralisation is clearly represented. The open pit profile on the image represents the pit design within which the June 2011 Mineral Reserve was delineated.

Drill intercepts shown on Figure 2 represent holes for which assay results were available at mid-September 2013, with those returning greater than 10 metres estimated true width x Cu% labelled. Table 3 (Appendix B) presents the entire table of results along with drill hole location details.

The results to date confirm high-grade mineralisation proximal to the current pit design limits. The Company anticipates that re-evaluation of the optimum pit limits, in conjunction with upgrading of Inferred Resources to Measured and Indicated categories by virtue of closer drill spacing, may lead to an increase in the Shaba Mineral Reserve.

To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/MWE_Figure2.pdf.

Safari North Deposit

Figure 3 shows a long-projection of Safari North deposit, looking west. The colour scheme is the same as that for Figure 2. The open pit profile on the image represents the possible limits of an economic pit, based on pit optimisations of Safari North excluding 2013 drill results.

Drill intercepts shown on Figure 3 represent holes for which assay results were available at mid -September, with those returning greater than 10 metres estimated true width x Cu% labelled. Table 4 (Appendix B) presents the entire table of results along with drill hole location details.

Pre-2013 drilling of Safari North was sufficient to define only about fifty per cent of the deposit as Indicated Resources, precluding a realistic estimate of Mineral Reserves. The Company expects that 2013 infill drilling will result in delineation of the bulk of the deposit as Measured and Indicated Mineral Resources, permitting estimation of Mineral Reserves.

To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/MWE_Figure3.pdf.

Safari South Deposit

At Safari South, limited drilling prior to 2013 was sufficient only to delineate an Inferred Mineral Resource.

Drilling during 2013 has confirmed that mineralisation extends over at least 350 metres strike length, with potentially economic copper grades extending to 40 -50 metres below surface. The Company expects that data from the 2013 drill campaign will be sufficient to define Measured and Indicated Mineral Resources and potentially define Mineral Reserves.

Drill results available up to end of October are listed in Table 5 (Appendix B).

Qualified Persons' Statements

The technical information contained in this document that relates to exploration results has been compiled by Mr. Gary Brabham, MAusIMM, MAIG. Mr Brabham is a full -time employee of Mawson West Limited and is not independent of Mawson West. Mr. Brabham has sufficient experience relevant to the style of mineralization and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the "Australasian Code for Reporting of Explorati on Results, Mineral Resources and Ore Reserves" and as a Qualified Person as defined in National Instrument 43-101 "Standards of Disclosure for Mineral Projects". Mr. Brabham has reviewed and accepts responsibility for the technical information contained in this document that relates to exploration results and has consented to the inclusion of the matters based on his information in the form and context in which it appears in this document.

The technical information contained in this document that relates to the Mineral Resource estimates for the Kapulo project is based on information compiled by Mr. Steve Le Brun, a Member of the Australasian Institute of Mining and Metallurgy a Member of the Mineral Industry Consultants Association, and an Author of the NI43-101 Technical Report "Kapulo Copper Project, DRC" dated 30 June 2011. The Qualified Person responsible for preparing sections of the Technical Report as specified in that report (Mr Steve LeBrun; Technical Report as defined herein) is no longer employed by Coffey Mining, and, therefore, where Mr LeBrun was responsible for preparing the defined portions of the Technical Report, Coffey consents to being named in Mawson West Limited's announcement "Kapulo Project Drilling Update", dated on or near November 18, 2013. Coffey confirms that this document has been reviewed, including the written disclosure of the Technical Report summarized in the document, and Coffey has no reason to believe that there are any misrepresentations in the information contained therein that are derived from the Technical Report or within our knowledge as a result of the services performed by Coffey in connection with the preparation of the Technical Report.

The technical information contained in this document that relates to the Mineral Reserve estimates for Kapulo project is based on information compiled by Mr. Harry Warries, Fellow of the Australasian Institute of Mining and Metallurgy, Primary Author of the NI43-101 Technical Report "Kapulo Copper Project, DRC" dated 30 June 2011. Mr. Warries is a full time employee of Coffey Mining Pty Ltd and is independent of Mawson West. Mr. Warries has sufficient experience relevant to the type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Warries is a Qualified Person under National Instrument 43-101 "Standards of Disclosure estimates for Kapulo disclosed in the 30 June 2011 Technical Report and reproduced in this document and has consented to the inclusion of the matters based on his information in the form and context in which it appears in this document.

About Mawson West

Mawson West is a copper and silver-focused resource company listed on the Toronto Stock Exchange (TSX) and based in Perth, Australia.

The Company's two key projects are the Dikulushi copper-silver mine and the Kapulo copper mine located in the South Eastern province of the Democratic Republic of Congo (DRC). Mawson West also continues to focus on exploring multiple prospective targets located within its significant land holding of approximately 7,300km² in the DRC's rich copper belt.

Forward-looking statements

This news release contains certain "forward looking statements". These statements reflect management's current beliefs with respect to future events and are based on information currently available to management of the Company. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including (without limitation) the risks identified in the "Risk Factors" section of the Company's Annual Information Form and other public filings (copies of which may be obtained at www.sedar.com). The results or events depicted in these forward-looking statements may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward- looking statement, whether as a result of new information, future events or results or otherwise.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.

Appendix A - Kapulo Mineral Resource and Mineral Reserves

Appendix A - Table 1. Shaba, Safari North and Safari South June 2011 Mineral Resource estimates above 0.3% Cu cut-off grade. Ordinary kriged estimates using 2m cut Cu composites, parent cell dimensions of 10mE x 20mN x 5mRL, depleted for artisanal surface mining. Source: NI43-101 Technical Report "Kapulo Copper Project, DRC" dated 30 June 2011.

Classification		Zone	Mt		Grade	Cu Metal		Grade		Ag Metal
					(Cu%)	(Tonnes)		(Ag ppm)		(MOz)
Shaba Deposit
		HW	1.710		7.7	131,650		23		1.24
Indicated		FW	3.280		1.4	45,650		3		0.30
		Subtotal	4.990		3.6	177,300		10		1.54
		HW	0.195		7.4	14,400		30		0.19
Inferred		FW	0.829		1.1	8,800		5		0.12
		Subtotal	1.024		2.3	23,200		10		0.31
Safari North Deposit
		HW	0.509		4.8	24,360		10		0.16
Indicated		FW	0.451		1.8	7,950		3		0.05
		Subtotal	0.959		3.4	32,310		7		0.21
		HW	0.313		4.1	12,875		8		0.08
Inferred		FW	0.693		1.3	9,075		3		0.06
		Subtotal	1.006		2.2	21,950		4		0.14
Safari South Deposit
		HW
Indicated		FW
		Subtotal
		HW	0.098		4.2	4,150		1		0.01
Inferred		FW	0.294		1.1	3,095		1		0.01
		Subtotal	0.392		1.8	7,245		1		0.01

Note: Figures have been rounded. "HW" refers to Hangingwall portion (domain) of each deposit, "FW" to the footwall portion (domain)

Appendix A - Table 2: Shaba June 2011 Mineral Reserve estimate. Mineral Reserves above 0.3% Cu cut-off grade with 5% dilution applied at zero grade. Source: NI43-101 Technical Report "Kapulo Copper Project, DRC" dated 30 June 2011.

Classification		Tonnes	Cu Grade		In-situ		Ag Grade		In-situ
					Cu Metal				Ag Metal
		(Mt)	(%)		(kt)		(Ag ppm)		(kOz)
Proven		-	-		-		-		-
Probable		3.6	3.6		128.0		8.3		954.8
Total		3.6	3.6		128.0		8.3		954.8

Note: Figures have been rounded

Appendix B - Kapulo Drill Hole Intercepts

Appendix B - Table 3: 2013 Shaba drill results to mid-September 2013.

																		Estimated
																		True				True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width		Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%	ppm		x Cu%	Type		Comment
13SBDH072	745880		9081442		1160	-60		073		220		158		174		16		13.6	2.72	14.5		37.0	core
13SBDH078	745943		9081221		1177	-60		073		210													core		NSI
13SBDH079	745994		9081240		1182	-60		073		143.45													core		NSI
13SBDH080	745982		9081279		1172	-60		073		150		110		112		2		1.7	1.31	17.0		2.2	core
13SBDH082	745945		9081454		1174	-60		073		140		101		118		17		14.8	3.75	16.9		55.3	core
13SBDH083	745935		9081495		1170	-65		073		140		107		118		11		9.0	3.85	14.3		34.7	core
13SBDH084	745900		9081519		1165	-60		073		155		122		133		11		9.6	1.98	5.2		19.0	core
13SBDH085	745921		9081343		1164	-60		073		215.4		148		167		19		16.3	6.57	48.3		107.3	core
13SBDH086	745920		9081343		1164	-72		073		220		167		192		25		18.8	6.79	19.7		127.8	core
13SBRC004	746069		9081169		1185	-60		073		81													RC		NSI
13SBRC005	746053		9081211		1180	-60		073		90													RC		NSI
13SBRC006	746040		9081248		1179	-60		073		100		65		66		1		0.9	1.08	6.0		1.0	RC
13SBRC007	746052		9081050		1197	-60		073		25													RC		NSI
13SBRC008	745964		9081636		1173	-60		073		88													RC		assays awaited
13SBRC009	745960		9081774		1164	-60		073		49													RC		assays awaited
13SBRC010	745925		9081758		1152	-60		073		70													RC		assays awaited
13SBRC011	745887		9081751		1150	-60		073		100													RC		assays awaited
13SBRC012	746076		9081314		1188	-60		073		85													RC		assays awaited

																		Estimated
																		True				True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width		Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%	ppm		x Cu%	Type		Comment
13SBRD073	746077		9080891		1205	-60		073		36													core		NSI
13SBRD074	745960		9081183		1181	-60		073		220													core		NSI
13SBRD075	746010		9081199		1185	-60		073		180													core		NSI
13SBRD076	746019		9081151		1189	-60		073		79													RC		hole abandoned
13SBRD077	745977		9081137		1185	-60		073		80													RC		hole abandoned
13SBRD081	745943		9081454		1173	-70		073		170		112		128		16		12.5	2.73	12.4		34.0	core
13SBRD087	745972		9081338		1166	-60		073		160		105		132		27		21.6	2.79	10.3		60.3	core
13SBRD088A	745909		9081318		1164	-60		073		183.7		163		182		19		16.1	3.81	11.6		61.4	core
13SBRD091	745907		9081317		1164	-72		073		231		197		227		30		21.4	6.37	24.6		136.3	core
13SBRD092	745826		9081298		1165	-58		073		292		246		269		23							core		assays awaited
13SBRD093	745971		9081338		1166	-72		073		208.7		118		143		25		18.4	3.44	12.9		63.3	core

Table 3 notes: Intercepts calculated at 1% Cu cut-off. NSI = no significant intercept. Cu and Ag assays by SGS Dikulushi laboratory using three acid digest (method code A103) and AAS finish. Detection limit for Cu is 0.001%, for Ag 5ppm. Samples assaying less than detection limit are allocated a grade of half detection limit. Certified reference materials are inserted 1:20 in RC samples, 1:30 in diamond core samples. Duplicate split RC samples are inserted 1:20. Hole location coordinates are UTM WGS84 datum Zone 35S. Holes are normally sampled in uniform one metre intervals.

Appendix B - Table 4: 2013 Safari North drill results to mid-September 2013

																		Estimated
																		True				True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width		Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%	ppm		x Cu%	Type		Comment
13SNDH038	746433		9079171		1192	-60		073		50		13		30		17		15.3	2.94	10.9		44.9	core
13SNDH039	746429		9079192		1192	-60		073		45		9		27		18		16.4	1.96	5.6		32.1	core
13SNRC027	746465		9079020		1202	-60		073		33		6		19		13		11.9	2.92	9.1		34.8	RC
13SNRC028	746445		9079013		1200	-60		073		60		22		32		10		9.0	6.11	18.7		55.2	RC
																									includes NSR 25-26m. 28-29m, 32-36m
13SNRC029	746439		9079082		1198	-60		073		49		26		47		21		20.3	5.33	17.0		108.1	RC
13SNRC030	746419		9079220		1189	-60		073		40		10		13		3		2.7	1.39	7.7		3.8	RC
13SNRC031	746404		9079095		1190	-60		073		100		60		82		22		19.2	5.82	15.5		111.8	RC
13SNRC032	746393		9079241		1182	-65		073		75		42		45		3		2.6	1.08	9.3		2.7	RC
13SNRC033	746404		9079245		1183	-60		073		55		28		31		3		2.7	1.65	8.7		4.5	RC
13SNRC034	746387		9079205		1184	-65		073		82		64		69		5		4.5	1.59	6.2		7.1	RC
13SNRC035	746394		9078985		1180	-60		073		85		56		60		4		3.5	4.58	10.3		16.0	RC
13SNRC036	746391		9079020		1182	-60		073		103		58		61		3		2.6	6.83	16.0		17.8	RC
13SNRC037	746397		9079208		1184	-60		073		70		48		52		4		3.6	1.40	2.5		5.0	RC
13SNRC038	746390		9079042		1183	-60		073		101		60		72		12		10.0	4.69	11.6		46.8	RC		includes NSR 64-65m
13SNRC040	746428		9079251		1186	-60		073		35		3		7		4		3.6	1.19	5.8		4.3	RC
13SNRC041	746431		9079191		1189	-60		073		40		6		24		18		16.3	2.53	5.4		41.3	RC
13SNRC042	746436		9079172		1190	-60		073		42		10		29		19		16.9	4.66	4.8		78.9	RC
13SNRC043	746425		9079169		1190	-60		073		50		21		36		15		13.5	3.42	2.5		46.2	RC

																		Estimated
																		True				True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width		Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%	ppm		x Cu%	Type		Comment
13SNRC044	746401		9079183		1185	-60		073		70		49		57		8		7.2	4.98	13.1		35.9	RC
13SNRC045	746414		9079165		1189	-60		073		73		39		46		7		6.3	1.55	2.5		9.7	RC
13SNRC046	746379		9079176		1184	-60		073		100		67		71		4		3.7	1.24	5.0		4.5	RC
13SNRC047	746416		9079132		1190	-60		073		76		55		59		4		3.6	1.76	5.8		6.3	RC
13SNRC048	746383		9079204		1183	-90		073		108		90		97		7		4.0	0.67	5.5		2.7	RC
13SNRC049	746391		9079119		1188	-60		073		94		80		86		6		5.3	5.33	14.8		28.0	RC
13SNRC050	746365		9079147		1181	-60		073		106		88		89		1		0.9	1.21	7.0		1.1	RC
13SNRC051	746328		9079294		1187	-60		073		69													RC		NSI
13SNRC052	746404		9079071		1189	-60		073		100		49		62		13		11.7	6.36	17.5		74.4	RC
13SNRC053	746303		9079286		1189	-60		073		80													RC		NSI
13SNRC054	746354		9079456		1185	-60		073		67													RC		NSI
13SNRC055	746443		9079084		1197	-60		073		67		21		40		19		17.0	6.39	14.8		108.8	RC
13SNRC056	746322		9079447		1188	-60		073		85													RC		NSI
13SNRC057	746431		9079056		1198	-60		073		80		33		35		2		1.8	2.22	6.5		3.9	RC
13SNRC058	746471		9078979		1200	-60		073		37		10		13		3		2.7	0.89	2.5		2.4	RC
13SNRC059	746487		9078946		1203	-60		073		25													RC		NSI
13SNRC060	746466		9078940		1202	-60		073		49		10		13		3		2.7	1.80	3.3		4.9	RC
13SNRC061	746443		9078930		1199	-60		073		64		29		35		6		5.5	3.21	5.6		17.6	RC
13SNRC062	746448		9079014		1198	-60		073		60		18		29		11		9.8	5.65	8.2		55.6	RC
13SNRC063	746423		9078925		1196	-60		073		90		46		48		2		1.8	4.95	11.0		8.9	RC

																		Estimated
																		True				True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width		Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%	ppm		x Cu%	Type		Comment
13SNRC064	746372		9078912		1185	-60		073		151		81		88		7		6.2	2.52	5.1		15.7	RC
13SNRC065	746494		9078901		1210	-60		073		25		6		7		1		0.9	1.30	5.0		1.2	RC
13SNRC066	746474		9078895		1210	-60		073		70		14		15		1		0.9	4.22	2.5		3.8	RC
13SNRC067	746451		9078890		1209	-60		073		73		30		35		5		4.4	1.49	3.2		6.6	RC
13SNRC068	746425		9078884		1201	-60		073		98		50		55		5		4.4	1.84	4.8		8.0	RC
13SNRC069	746418		9079075		1196	-60		073		91		42		59		17		14.8	4.91	10.5		72.6	RC
13SNRC070	746384		9079204		1183	-75		073		111		75		80		5		3.6	0.62	2.5		2.2	RC
13SNRC071	746391		9079162		1185	-60		073		95		55		56		1		0.9	1.83	5.0		1.6	RC
13SNRC072	746389		9079240		1182	-80		73		65													RC		assays awaited
13SNRC073	746457		9079196		1199	-90		000		37													RC		assays awaited
13SNRC074	746464		9079172		1200	-90		000		37													RC		assays awaited
13SNRC075	746439		9079138		1191	-70		073		55													RC		assays awaited
13SNRC076	746480		9079072		1199	-90		000		50													RC		assays awaited

Table 4 notes: Intercepts calculated at 1% Cu cut-off. NSI = no significant intercept, NSR = no sample recovered. Cu and Ag assays by SGS Dikulushi laboratory using three acid digest (method code A103) and AAS finish. Detection limit for Cu is 0.001%, for Ag 5ppm. Samples assaying less than detection limit are allocated a grade of half detection limit. Certified reference materials are inserted 1:20 in RC samples, 1:30 in diamond core samples. Duplicate split RC samples are inserted 1:20. Hole location coordinates are UTM WGS84 datum Zone 35S. Holes are normally sampled in uniform one metre intervals.

Appendix B - Table 5: 2013 Safari South drill results to end of October 2013

																		Estimated
																		True					True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width			Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%		ppm		x Cu%	Type		Comment
13SSRC012	746496		9078864		1214	-60		073		40														RC		NSI
13SSRC013	746492		9078825		1209	-60		073		46		2		10		8		6.8	1.46		<5		9.9	RC
13SSRC014	746498		9078477		1177	-60		073		49														RC		NSI
13SSRC015	746471		9078471		1170	-60		073		58		40		45		5		4.3	2.40		<5		10.2	RC
13SSRC016	746496		9078518		1179	-60		073		37		20		22		2		1.7	2.74		<5		4.7	RC
13SSRC017	746477		9078512		1178	-60		073		61		34		49		15		12.8	2.01		3.0		25.6	RC
13SSRC018	746490		9078539		1181	-60		073		40		26		32		6		5.1	3.26		<5		16.6	RC
13SSRC018A	746493		9078540		1181	-60		073		31														RC		not assayed
13SSRC018B	746488		9078539		1180	-60		073		28														RC		not assayed
13SSRC019	746472		9078534		1178	-60		073		52		34		40		6		5.1	1.75		<5		8.9	RC
13SSRC020	746484		9078597		1184	-60		073		43		32		34		2		1.7	1.26		<5		2.1	RC
13SSRC021	746481		9078639		1187	-60		073		45														RC		NSI
13SSRC022	746479		9078678		1191	-60		073		25														RC		NSI
13SSRC023	746484		9078678		1191	-60		073		45		12		20		8		6.8	3.30		<5		22.5	RC
13SSRC023												24		28		4		3.4	1.45		10.3		4.9	RC
13SSRC024	746473		9078677		1191	-60		073		31		21		24		3		2.6	1.94		<5		4.9	RC
13SSRC025	746473		9078719		1193	-60		073		46		18		24		6		5.1	2.09		<5		10.7	RC
13SSRC025												33		37		4		3.4	4.28		8.8		14.6	RC

																		Estimated
																		True					True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width			Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%		ppm		x Cu%	Type	Comment
13SSRC026	746471		9078760		1197	-60		073		61		17		31		14		11.9	2.12		<5		25.2	RC
13SSRC026												42		46		4		3.4	1.74		<5		5.9	RC
13SSRC027	746489		9078641		1189	-60		073		23		11		16		5		4.3	2.04		<5		8.7	RC
13SSRC027A	746486		9078640		1188	-60		073		34														RC	not assayed
13SSRC028	746476		9078638		1187	-60		073		28														RC	NSI
13SSRC029	746472		9078820		1209	-60		073		70		20		26		6		5.1	3.68		4.1		18.8	RC
13SSRC030	746476		9078821		1209	-60		073		61		16		21		5		4.3	4.13		3.2		17.5	RC
13SSRC031	746466		9078818		1208	-60		073		82		25		31		6		5.1	5.20		17.3		26.5	RC
13SSRC031												38		42		4		3.4	2.93		<5		10.0	RC
13SSRC032	746456		9078814		1207	-60		073		91		33		39		6		5.1	2.61		<5		13.3	RC
13SSRC032												62		64		2		1.7	1.46		<5		2.5	RC
13SSRC033	746475		9078850		1214	-60		073		64		19		21		2		1.7	3.14		<5		5.3	RC
13SSRC034	746454		9078852		1208	-60		073		79		59		64		5		4.3	3.64		4.0		15.5	RC
13SSRC035	746474		9078874		1213	-60		073		67		19		21		2		1.7	2.38		<5		4.1	RC
13SSRC036	746470		9078835		1212	-60		073		69		69		22		27		5	4.4		3.07		13.6	RC
13SSRC037	746459		9078832		1208	-60		073		55		55		31		36		5	4.5		1.96		8.8	RC
13SSRC038	746499		9078501		1180	-60		073		45		45												RC	NSI
13SSRC039	746499		9078455		1173	-60		073		40		40		25		26		1	0.9		3.83		3.4	RC
13SSRC040	746479		9078450		1169	-60		073		60		60		36		40		4	3.6		3.11		11.0	RC
13SSRC041	746493		9078435		1171	-60		073		50		50		28		33		5	4.4		2.67		11.8	RC

																		Estimated
																		True					True
	Collar_E		Collar_N		Collar_Elev			Azi		Tot_Depth		From		To		Length		Width			Ag		Width	Sample
Hole	WGS84_35S		WGS84_35S		m ASL	Dip		True		metres		metres		metres		metres		metres	Cu%		ppm		x Cu%	Type	Comment
13SSRC042	746481		9078493		1176	-60		073		55		55		34		37		3	2.6		2.31		6.0	RC
13SSRC043	746473		9078573		1181	-60		073		55		55												RC	NSI
13SSRC044	746486		9078578		1183	-60		073		40		40		18		21		3	2.7		5.66		15.2	RC
13SSRC045	746470		9078617		1184	-60		073		55		55		27		29		2	1.8		1.76		3.1	RC
13SSRC046	746489		9078619		1186	-60		073		40		40		13		15		2	1.8		2.71		4.8	RC
13SSRC047	746489		9078664		1190	-60		073		50		50		9		18		9	8.1		2.88		23.2	RC
13SSRC048	746471		9078697		1192	-60		073		55		55		21		25		4	3.5		2.14		7.6	RC
13SSRC049	746489		9078702		1194	-60		073		40		40		7		24		17	15.3		2.79		42.7	RC
13SSRC050	746482		9078745		1196	-60		073		45		45		8		24		16	14.5		2.45		35.5	RC
13SSRC051	746458		9078784		1200	-60		073		61		61		28		37		9	7.9		2.70		21.4	RC
13SSRC052	746475		9078788		1201	-60		073		67		67		14		21		7	6.2		2.36		14.7	RC

Table 5 notes: Intercepts calculated at 1% Cu cut-off. NSI = no significant intercept. Cu and Ag assays by SGS Dikulushi laboratory using three acid digest (method code A103) and AAS finish. Detection limit for Cu is 0.001%, for Ag 5ppm. Samples assaying less than detection limit are allocated a grade of half detection limit to calculate intercept Ag grades. Certified reference materials are inserted 1:20 in RC samples, 1:30 in diamond core samples. Duplicate split RC samples are inserted 1:20. Hole location coordinates are UTM WGS84 datum Zone 35S. Holes are normally sampled in uniform one metre intervals.