NORMANDY NFM Limited...Normandy NFM Limited SUMMARY EL9562 is dominated by two N-S trending broad palaeodrainage channels, which resulted in two main exploration methodologies. Areas

NORMANDY NFM Limited

FINAL REPORT FOREL 9562 (ICEBOX)

for the period29/04/1999 to 26/04/2002

Highland Rocks ProjectNORTHERN TERRITORY

Volume 1 of 1

1:250,000 SHEET: Mt Theo SF52-04

1:100,000 SHEET: McDiarmid 5055Theo 5155

AUTHOR: A. Zdziarski

TENEMENT HOLDERS: Normandy NFM Ltd (trading as Newmont NFM)

DISTRIBUTION: � Northern Territory Department of Business, Industry & Resource Development

� Newmont Australia

The contents of this report remain the property of Normandy NFM Limited and may not be publishedin whole or in part nor used in a company prospectus without the written consent of the Company.

JUNE 2002 NORMANDY CR 29890

Final Report for EL9562 (Icebox) June 2002 RN: 29890Normandy NFM Limited

SUMMARY

EL9562 is dominated by two N-S trending broad palaeodrainage channels, which resulted in two mainexploration methodologies. Areas of subcrop were systematically lag and rock chip sampled at a regionalscale (500m × 500m). Aircore drilling was used to test prospective magnetic features under cover, withsome utilisation of ground magnetics for targeting. A minor amount of vacuum drilling was also used to testtargets under minimal cover.

The surface sampling program failed to return results of significance. The aircore drilling revealed basementlithologies dominated by gneisses and granites, with minor sediments. No significant results were returned.The depth of cover in the palaeochannels was significant, with 40-60m of lacustrine clays and silts common.The vacuum drilling results were also similarly disappointing.

In summary, exploration of EL9562 comprised:

Ground Magnetic Survey: 13.4 line km

Lag Sampling: 1540 samples

Rock Chip Sampling: 200 samples

Vacuum Drilling: 52 holes for 504m: 130 samples

Aircore Drilling: 147 holes for 7087m, 2366 samples

RAB Drilling: 3 holes for 122m, 41 samples

Petrology: 7 samples


TABLE OF CONTENTSPage Number

1 INTRODUCTION ............................................................................................................................................. 1

2 TENEMENT DETAILS..................................................................................................................................... 1

3 LOCATION & ACCESS................................................................................................................................... 1

4 PREVIOUS EXPLORATION ........................................................................................................................... 1

5 GEOLOGY....................................................................................................................................................... 25.1 REGIONAL GEOLOGY .................................................................................................................................. 25.2 TENEMENT GEOLOGY ................................................................................................................................. 2

6 WORK UNDERTAKEN ................................................................................................................................... 36.1 FIRST YEAR OF TENURE – (01/04/1999 – 28/03/2000) ............................................................................... 36.2 SECOND YEAR OF TENURE (01/04/2000 - 28/3/2001) ................................................................................. 66.3 THIRD YEAR OF TENURE – (29/04/2001 TO 26/04/2002) ............................................................................. 9

7 EXPENDITURE ............................................................................................................................................. 11

8 REFERENCE LIST / ANNUAL REPORT BIBLIOGRAPHY ......................................................................... 12


LIST OF FIGURES

Figure: Title Scale

1 EL9562 – Icebox: Tenement Location Map 1:1,500,000

2 EL9562 – Blocks to be Relinquished 1:250,000

3 EL 9562 – Sample & Drillhole Location Plan (1st Year of Tenure) 1:60,000

4 EL 9562 – Sample, Drillhole and Ground Magnetics Traverse LocalityPlan (2nd Year of Tenure) 1:100,000

5a Icebox Soil Sample Locality Plan – Area 1 (3rd Year of Tenure) 1:50,000

5b Icebox Lag Sample Locality Plan – West (3rd Year of Tenure) 1:50,000

5c Icebox Vacuum Drillhole Locality Plan – Area 1 (3rd Year of Tenure) 1:50,000

LIST OF APPENDICES

Appendix 1: Digital Data in folders: 1stYear Results

2nd Year Results

3rd Year Results

Appendix 2: Geophysical Survey Data: 2nd Year Results

Appendix 3: Sample & Survey Methodology

Appendix 4: Petrological Descriptions

1


1 INTRODUCTIONThis report details the exploration work carried out by Normandy NFM Limited over EL9562 (Icebox) duringthe period 29/04/1999 – 26/04/2002. This tenement formed part of the Highland Rocks Project (EL’s 8970,8971, 9559, 9562 & 9563).

2 TENEMENT DETAILSExploration Licence 9562 is part of the Highland Rocks Project, comprising EL’s 8970, 8971, 9559, 9562 &9563. These exploration licences were combined into a single Project Area by agreement with officers of theNorthern Territory Department of Mines and Energy (NTDME) in May 1999.

EL9562 was granted on 29 April 1999, and initially comprised 438 graticular blocks totalling 1430km2. A 50%partial relinquishment (220 graticular blocks) was met 15 March 2001 (Figure 2), and the remaining 218blocks were surrendered on 26 April 2002.

Table 1 - Icebox Statistics

Date Blocks relinquished Holding (Blocks) Km2

Grant 29/04/1999 438 1430

First relinquishment 15/03/2001 220 218 698

Second relinquishment 26/04/2002 218 0 0

Expiry 28/04/2005 - - -

3 LOCATION & ACCESSThe Icebox tenement is situated approximately 500km northwest of Alice Springs in the Granites-Tanamiregion of the Northern Territory. The licence is located within the 1:250,000 map sheet SF52-8 (Mount Theo)as shown on Figure 1.

Geographically, the area lies in the western part of the Tanami Desert, a generally flat and featureless sand-covered landscape of spinifex and low scrub. The licence is within Aboriginal freehold land.

The annual average rainfall is of the order of 200mm, which is mostly derived from summer monsoonal andstorm activity. Daily temperatures vary from minima of near freezing in winter to summer maxima ofapproximately 48°C. The area is devoid of surface water except in small soaks after heavy rain.

Access to the area is by air or via the Tanami Highway, which passes through the centre of Icebox. The east-west running Escondida track off the Tanami Road provides access to the western portion of the tenement.

4 PREVIOUS EXPLORATIONGold mineralisation was discovered by Davidson in 1900 at a number of sites within the Tanami region. Goldwas reported as having been found by Wickham in the 1920’s in an area about 75km south west of goldoccurrences at the Granites. However, there are no reliable records to substantiate this report. Hossfield, onhis journey to Lake Mackay in 1940, collected a single sample consisting of surface stones from lowironstone gravel hills on the eastern margin of the Highland Rocks sheet. The sample returned an assay of0.15g/t gold and 3.7g/t silver.

The area was mapped by the Bureau of Mineral Resources in the 1960’s and 1970’s, the results of whichconstitute the 1:250000 Mt. Theo, Mt. Solitaire, The Granites and Highland Rocks map sheets andexplanatory notes. In 1994, the Australian Geological Survey Organisation conducted regolith mapping ofthe Highland Rocks using airborne gamma-ray and Landsat MSS data.

No records exist of exploration within this license prior to granting of the ground to Normandy NFM.

2


5 GEOLOGY

5.1 Regional GeologyThe Project Area lies astride the Granites - Tanami and Arunta provinces. The relationship between theGranites - Tanami and Arunta provinces is not well understood. Basement metasedimentary sequencesin both regions are thought to be lateral equivalents (Blake et al., 1975) and the sequences merge withone another (Stewart et al., 1984).

The Granites - Tanami and the Northern Arunta provinces contain similar rock sequences and sharesimilar Palaeoproterozoic magmatic, metamorphic and deformational histories. Both comprise of adeformed Palaeoproterozoic basement turbiditic sequence of greywacke, quartz sandstone, siltstone,shale, and minor mafic rocks and their moderate to high grade metamorphic equivalents (schist, gneiss,quartzite, amphibolite). The Tanami Block also contains chert, pyritic carbonaceous sediments andironstone, whereas the Arunta Block has minor calc-silicates and meta-felsic volcanics (felsicorthogneiss).

During the Barramundi Orogeny (1890-1850 Ma, Page and Williams, 1988), the sedimentary sequencesin the Arunta were intruded by mafic rocks, deformed and metamorphosed up to amphibolite facies.Granite plutons were emplaced in the closing stages of the Barramundi Orogeny, at about 1820 - 1800Ma.

In the Arunta province, platform quartzite-shale-carbonate sediments (Reynolds Range Group)unconformably overlie the Barramundi metamorphic rocks and probably represent correlatives of theHatches Creek Group of the Davenport Province to the north (Blake et al. 1987). Deformation of theHatches Creek Group preceded granite intrusion at about 1660 Ma (Page and Williams 1988) andinvolved an early phase of upright northwest-trending folds and a second episode of northeast-trendingfolds. Faulting, thrusting and metamorphism accompanied both episodes of folding.

The Arunta province remained tectonically active after the Barramundi Orogeny with severalmetamorphic and deformational events, including the ~1800 Ma Strangways granulite event (Shaw et al,1984), the 1760-1650 Ma Aileron retrogressive event (Windrim and McCulloch, 1986) and the mostrecent Carboniferous Alice Springs Orogeny. In the northern Arunta region, significant graniticmagmatism occurred at 1780-1770, 1713, 1635 and 1570 Ma.

The basement provinces described above are unconformably overlain by younger, Neoproterozoic andPalaeozoic sediments of the Birrindudu, Wiso, Georgina and Ngalia basins (Wells and Moss, 1983).

5.2 Tenement GeologyRegional regolith drilling identified the relinquished ground as areas with deep paleo-channels in-filledwith grits and lacustrine clays. Bedrock lithologies are typically high-grade metamorphic rocks andgranites. The high-grade metamorphic rocks are mainly aluminous to quartzo-feldspathic schists andgneiss which are composed of medium to coarse grained, foliated, granoblastic assemblages. Themineral assemblages and the medium to coarse grain size of the gneissic rocks are consistent withregional metamorphism in the upper amphibolite facies.

3


6 WORK UNDERTAKEN

6.1 First Year of Tenure – (01/04/1999 – 28/03/2000)The 1999 Icebox work program consisted of initial reconnaissance traverses incorporating opportunisticsurficial sampling. A program of broad spaced aircore drilling was also completed to develop anunderstanding of the regolith, depth of cover and nature of the bedrock across the EL. Systematic 500 ×500m lag coverage was also instigated across the EL following the initial reconnaissance programs. Anumber of samples from both the surface sampling and drilling programs were also sent for petrologicalanalysis.

Work for the report period included:

Lag Sampling 1281 samples

Rock Chip Sampling 198 samples

RAB Drilling 3 holes for 122m, 41 samples

Aircore Drilling 96 holes for 4199m, 1402 samples

Petrology 7 samples

All sample and drillhole locations are displayed on Figure 3.

6.1.1 Lag SamplingDuring 1999, a total of 1281 reconnaissance lag samples were collected from EL9562. These werecollected both opportunistically from the initial reconnaissance traverses, as well as systematically at 500× 500m spacings over southern portions of the EL identified by the regolith drilling as amenable tosurface sampling.

The lag samples were sieved to the –5/+2mm fraction, and were sent to Genalysis Laboratories foranalysis of the elements listed in Table 2. Two samples were sent for petrological analysis and theresults are presented in Appendix 2.

TABLE 2: 1ST Year Lag Sampling Details

Sample Numbers Total GenalysisMethod Elements Analysed

3005982-6000, 3197052-70553239490-9500, 3239701-9791

3239793-9832, 3239836-32404033240407, 3240411-0415

3240417-0423, 3240429-05973240599, 3240602-0606,

3240609-0610, 3240614-06153240620-0737, 3240744-0980,

3240983

1281B*ETA

A/MS

AuFe, Co, Ni, Cu, Zn, As, Mo, Ag,

Sn, Sb, W, Pb, Bi, Th, U

1281 samples

Best lag results from this program were 5ppb Au (sample 3005984) and 60ppm As (3239977).

4


6.1.2 Rock Chip SamplingA total of 198 rock chip samples were collected from outcropping and subcropping areas of interestduring the initial reconnaissance traverses, as well as during the systematic 500 × 500m lag samplingprogram over the southern portion of the EL. Analytical details are summarised in Table 3. Six sampleswere sent for petrological analysis and the results are presented in Appendix 2.

TABLE 3: 1ST Year Rock chip Sampling Details

Sample Numbers Total GenalysisMethod Elements Analysed

3078487-8489, 308492706328-6390, 706393-6395706499-6500, 706882-6900715745-5763, 715765-5795

726974-727000, 739972, 739974739977-739998, 757966-7971

198 B*ETAA/MS

AuFe, Co, Ni, Cu, Zn, As, Mo,

Ag, Sn, Sb, W, Pb, Bi, Th, U

198 samples

Best results from this work were an 84ppb Au and 500ppm Bi rockchip (sample 739994), and a 160ppmAs assay (sample 3078485).

6.1.3 RAB DrillingThree RAB holes were drilled in the Icebox EL at the beginning of the regolith/bedrock assessmentprogram. However, ground conditions were found to be unsuitable for this style of drilling with excessivegroundwater necessitating the use of an aircore rig. Sampling details are provided in Table 4.

Samples were initially analysed by Assaycorp as per the methods detailed in Table 4. However due toconcern for the quality of the results from this laboratory, these samples were subsequently reanalysedby Genalysis.

TABLE 4: 1ST Year RAB Sampling Details

Drillhole ID Total Metres SampleID Total Laboratory Method Elements Analysed

AR25GB AuAssaycorp

G300H As, Bi

B*ETA AuICRB001-

003 3 122 3665639-3665679 41

GenalysisA/MS

Fe, Co, Ni, Cu, Zn, As,Mo, Ag, Sn, Sb, W, Pb,

Bi, Th, U3 holes for 122m, 41 samples

Best results from this program were 3m @ 25ppb Au (ICRB001).

5


6.1.4 Aircore Drilling96 broad spaced aircore holes were drilled across the lease, in order to develop an understanding of theregolith, depth of cover and nature of the bedrock. Sampling details are provided in Table 5. Sampleswere initially analysed by Assaycorp as per the methods detailed in Table 5. However due to concern forthe quality of the results from this laboratory, these samples were subsequently reanalysed byGenalysis.

TABLE 5: 1ST Year Aircore Sampling Details

Drillhole ID Total Metres SampleID Total Laboratory Method Elements Analysed

AR25GB AuAssaycorp

G300H As, Bi

B*ETA AuICAC001-

096 96 4199

3665680-3666000

3667305 -3668378

1395

GenalysisA/MS

Fe, Co, Ni, Cu, Zn, As,Mo, Ag, Sn, Sb, W, Pb,

Bi, Th, U96 holes for 4199m, 1402 samples

Best results received from this work include 3m @ 96ppb Au (ICAC092) and 3m@28ppm As (ICAC085).This work revealed a basement dominated by gneissic and granitic terrane. Biotite rich meta-sediments,similar to those at Abrolhos, were intersected to the south east of the Abrolhos prospect. It alsoidentified two prominent N-S trending palaeodrainage channels with extensive thicknesses (40-60m) ofalluvial and lacustrine sediment infill.

6


6.2 Second Year of Tenure (01/04/2000 - 28/3/2001)The majority of the 2000 work program was focussed on aircore drilling / assessment of magnetictargets under deeper cover. A minor ground magnetic survey was carried out to assist in this targeting. Aprogram of lag and CRC sampling was also conducted to extend the regional surficial samplinginstigated in 1999. A limited program of regional vacuum drilling was also conducted. The latter twoprograms were designed to provide a coherent geochemical and geological picture over regions ofsubcrop and shallow cover.



Rock Chip Sampling 2 samples

Ground Magnetics 13.4km

Vacuum Drilling 30 holes for 385m: 30 VBCL, 28 DSL & 27 BOH samples

Aircore Drilling 51 holes for 2888m, 964 samples

All sample, drillhole and traverse details are displayed on Figure 4.

6.2.1 Ground Magnetics SurveyThree lines of ground magnetics were conducted over prominent magnetic features within EL9562.These were designed to aid drill targeting over these features. Line details are provided in Table 6 whilstthe results are provided in Appendix 2.

TABLE 6: 2ND Year Ground Magnetic Traverse Details

Line # Start AMGeasting

Start AMGnorthing

Finish AMGeasting

Finish AMGnorthing Length (m)

37 667650 667650 7671650 7677000 5350

38 669600 669600 7671200 7676975 5775

42 681500 681500 7673750 7676050 2300

6.2.2 Lag SamplingContinuing with the extensive regional surficial sampling program instigated in 1999, 94 lag sampleswere collected at a nominal 500 × 500m spacing; however the actual spacings were governed heavily bythe abundance of sample media. Due to time constraints, the remaining areas of the lease consideredamenable to this method were not sampled.

The lag samples were sieved to the +2mm fraction, and were sent to Genalysis Laboratories for analysisof the elements listed in Table 7.

TABLE 7: 2ND Year Lag Sampling Details

SampleNumbers Total Genalysis

Method Elements Analysed

3201901 -3201994 94 B*ETA

A/MS

AuFe, Co, Ni, Cu, Zn, As, Mo, Ag, Sn, Sb, W, Pb,

Bi, Th, U

94 samples

No results of significance were returned from this program.

7


6.2.3 Rock Chip SamplingContinuing with the extensive regional surficial sampling program instigated in 1999, 2 rock chipsamples were collected opportunistically in tandem with the lag sampling program. Analytical details aresummarised in Table 8. No results of significance were returned from this program.

TABLE 8: 2ND Year Rock Chip Sampling Details



787599 -787600 2 B*ETA

A/MSAu

Fe, Co, Ni, Cu, Zn, As, Mo, Ag, Sn, Sb, W, Pb,Bi, Th, U

2 samples

6.2.4 Vacuum DrillingDue to time constraints, only 30 vacuum holes were drilled in the north-western corner of the license inan area of minimal cover. This was conducted as an empirical tool to provide further systematicgeochemical coverage, as well as an insight into the geology. Drilling was generally conducted at aspacing of 1-2km × 500m, though this varied depending on the depth of cover and the lithologiesencountered. Analytical and drilling details are presented in Error! Reference source not found..

TABLE 9: 2ND Year Vacuum Drilling Details

Dril

lhol

e ID

Tota

l

Met

res

Sam

ple

Type Sample ID Total Genalysis


VBCL3204064 –3204067

3204306 -3204331

30MINIBLEG:(CN0.1MS)

Cyanide leach /MS

Au (0.01ppb), Ag (0.1ppb)& Cu (0.01)

B * ETA:Aqua regia leach /

enhancedsensitivity graphite

furnace AAS

Au (01.ppb)

DSL

3207664 –3207667

3207808 -3207831

28

A / MS:Multi-acid attack /

ICPMS

Th(0.01), Mo(0.1),Sb(0.05), W(0.1),

Bi(0.01), Sn(0.1), U(0.01),As(1), Pb(2), Ni(1),

Fe(0.01%), Cu(1), Zn(10),Co(0.1), Ag(0.1)



furnace AAS

Au (01.ppb)

ICV0001 -0030 30 385

BOH3235655 –3235664

3237832 -3237848

27

A/MS As(1), Cu(1), Zn(10),Ag(0.1)

30 holes for 385m, 95 samples

This work returned a number of low-order anomalous results along the western lease boundary.

8


6.2.5 Aircore DrillingA program of aircore drilling was conducted across various magnetic targets under interpreted deepercover. This was aimed at assessing the prospectivity of these targets through evaluation of bedrockgeology, geochemistry and the regolith profile.

A total of 51 holes were drilled across the license, generally as solitary holes sited on prominent regionalmagnetic features. A number of these were targeted by the ground magnetic profiles collected duringthe year. Drilling and analytical details are provided in Error! Reference source not found..

TABLE 10: 2ND Year Aircore Drilling Details

DrillholeID

Azi

mut

h

Dip

Tota

l

Met

res

SampleID To

tal Amdel


ICAC0097-ICAC0147 0 -90 51 2888m

3222001-

3222964964

ARM1:Aqua regia

digest /ICPMS

Au (0.1ppb), Ag(0.01),As(0.5), Bi(0.1), Cd(0.1),

Co(0.2), Cu(0.2), Mo(0.1),Ni(1), Pb(0.2), Sb(0.1),

Se(0.5), Te(0.1) & Zn(0.5)

51 holes for 2888m, 964 samples

Best results from this work were 2m @ 53ppb Au from 78m BOH (ICAC0104) and 35ppm As(ICAC0128). Significant depths of cover (40-60m) were intersected over a basement dominated byunprospective granitic and gneissic units, with minor sediments and schists.

9


6.3 Third Year of Tenure – (29/04/2001 to 26/04/2002)The 2001 work program concluded the systematic regional surface sampling program. A small vacuumprogram also tested a coincident weak geochemical/magnetic target in the north-west of the lease.



Vacuum Drilling 22 holes for 119m: 23 VBCL & 22 DSL samples

All samples and drillholes are displayed on Figures 5a to 5c and Figure 6.

6.3.1 Lag samplingHelicopter lag and rockchip sampling was conducted at 500m × 500m spacings over the central part ofthe lease to conclude the regional surface reconnaissance program begun in 1999. Sample details areprovided in Error! Reference source not found..

TABLE 11: 3RD Year Lag Sampling Details



5033554-3718 165 B*ETA

A/MS

AuFe, Co, Ni, Cu, Zn, As, Mo, Ag, Sn, Sb, W, Pb, Bi, Th,

U

165 samples

No anomalous arsenic results were received, and the highest gold result was 5.3ppb (sample 5033698).

10


6.3.2 Vacuum drilling22 vacuum holes (ICV0031-52) were drilled over the obvious magnetic feature in the northern section ofthe Icebox lease. This program was designed to assess this feature as well as a low-order lag arsenicanomaly apparent to the west. Sample and analysis details are provided in Error! Reference sourcenot found..

TABLE 12: 3RD Year Vacuum Drilling Details

DrillholeID To

tal

Met

res

Sam

ple

Type Sample

ID Total GenalysisMethod

ElementsAnalysed

VBCL 5552840-2862 23

MINIBLEG:(CN0.1MS)

Cyanide leach /MS

Au (0.01ppb), Ag(0.1ppb) & Cu (0.01)



furnace AAS

Au (01.ppb)ICV0031-

0052 22 119

DSL 5033890-3911 22

A / MS:Multi-acid attack /

ICPMS

Th(0.01), Mo(0.1),Sb(0.05), W(0.1),Bi(0.01), Sn(0.1),U(0.01), As(1),

Pb(2), Ni(1),Fe(0.01%), Cu(1),Zn(10), Co(0.1),

Ag(0.1)22 holes for 199m, 45m

No anomalous VBCL or DSL results were returned from this program.

11


7 EXPENDITURETable 13 below summarises the expenditures over the Icebox lease for the period of tenure 29 March 1999 –28 March 2002.

TABLE 13: Summary of Expenditure over EL 9562

Exploration Employee Costs $199,012

Overheads and Allocation $66,709

Operating Costs $61,866

Laboratory Costs $86,641

Drilling Costs $136,896

Specialist Services $8,699

Total $559,823

12


8 REFERENCE LIST / ANNUAL REPORT BIBLIOGRAPHYREFERENCES

Blake, D.H., Hodgson, I.M., & Smith, P.A., 1975. Geology of the Birrindudu and Tanami 1:250,000 SheetAreas, Northern Territory. Bureau of Mineral Resources, Geology and Geophysics, Australia, Report174.

Blake, D.H., Stewart, A.J., Sweet, I.P. & Hone, I.G., 1987. Geology of the Proterozoic Davenport Province,central Australia. Bureau of Mineral Resources, Geology & Geophysics, Australia, Bulletin 226.

Page, R.W. & Williams, I.S. , 1988. Age of the Barramundi Orogeny in northern Australia by means of ionmicroprobe and conventional U-Pb zircon studies. Precambrian Research, 40/41, 21-36.

Shaw, R.D., Stewart, A.J., & Black, L.P., 1984. The Arunta Inlier: a complex ensialic mobile belt in centralAustralia. Part2: tectonic history. Australian Journal of Earth Sciences, 31, 457-484.

Stewart, A.J. Shaw, R.D., & Black, L.P., 1984. The Arunta Inlier: a complex ensialic mobile belt in centralAustralia. Part2: tectonic history. Australian Journal of Earth Sciences, 31, 445-456.

Wells, A.T. & Moss, F.J. 1983. The Ngalia Basin, Northern Territory: stratigraphic and structure. Bureau ofMineral Resources, Australia, Bulletin, 212.

Windrim, D.P., & McCulloch, M.T., 1986. Nd and Sr isotopic systematics of central Australian granulites:Chronology of crustal development and constraints on evolution of lower continental crust.Contributions to Mineralogy and Petrology, 94, 289-303.

Reports to NT BIRD

Zdziarski, A. & Whittaker, E., 2000. First Annual Report for the Highland Rocks Project for the 1999 FieldSeason. Normandy NFM Ltd. RN26545

Zdziarski, A., 2001. First Relinquishment Report for EL 9562 (Icebox) for the period 29 April 1999 to 28March 2001. Normandy NFM Ltd. RN28972

Zdziarski, A., 2001. Second Annual Report for the Highland Rocks Project for the 2000 Field Season.Normandy NFM Ltd. RN28005

Zdziarski, A., 2002. Third Annual Report for the Highland Rocks Project for the 2001 Field Season.Newmont Exploration Ltd. RN29532

Appendix


APPENDIX 1 – DIGITAL DATA, ASSAYS AND LOGS&

APPENDIX 2 – GEOPHYSICAL SURVEY DATA

Appendix


APPENDIX 3Sample & Survey Methodology

SURFACE SAMPLES

CRC (Composite Rock Chip)

A composite technique is adopted whereby approximately 1-2kg of material comprising 10 to 15 grab samples iscollected from within a 2m radius of the designated sample site. A description of sample material is recorded inthe sample logs.

Lag / DSL (Drill-derived Stone Line)

Lag is any hard surficial material varying from a coarse sand to rock fragments.The sample is obtained via a shallow surface scrape, sieved to obtain approximately 250g of material andcollected into a plastic zip seal bag. The size of the sieved fraction, which is variable from project to project, islisted in the sample logs.Sample type, quality, description and size is noted at the time of collection and recorded via codes outlined inAppendix 1 of this report.A DSL sample is a drill derived “buried” lag sample, usually representative of a palaeosurface. Other than usinga drill rig to bring the sample to surface, collection methods are identical to lag.

Soil

Soil material is sieved to obtain approximately 100-200g, with the sieve size varying according to the program,but generally a -180µm fraction is collected and paper-bagged for analysis.

BCL/BLEG (Bulk Cyanide Leach/Bulk Leach Extractable Gold)

Many of the low relief areas have variable amounts of drainage sediments (typically arenitic alluvium +/- clayhorizons) which are sampled via a bulk cyanide leach. Sufficient soil is sieved to obtain 5kg sample which wasdouble bagged within a plastic liner to prevent cross contamination. Sieve size are recorded in the logs(Appendix1).Standard BLEG analysis (Au, Ag and Cu) is performed by Genalysis.

The samples may be subcategorised in the Newmont database to distinguish sample derivation:

Code Derivation DescriptionVBCL drill derived vacuumSBCL soil surface BCL sample

VACUUM DRILLING

Vacuum drilling is undertaken by Newmont Exploration using EDSON 200 series vacuum drill rigs. All holeswere plugged.

DSL Samples

As described above in lag methodology. The sample is sieved to a +2mm fraction and approximately 250g iscollected into a plastic zip seal bag.

Appendix


VBCL/BOH (Bottom Of Hole) Samples

A perspex tube collects the sample that retains relative downhole depth proportions. The geologist may chooseto sample a particular horizon of interest as a selected sample or collect a composite sample. For this reason,sample intervals are variable. Specific sample intervals are listed in the drill hole logs.

RAB & AIRCORE DRILLING

RAB and aircore drilling was undertaken by Century Drilling Pty Ltd. All holes are rehabilitated oncompletion of drilling by capping with a concrete hole plug and drill spoil.

Composite Samples

RAB and aircore drillholes are typically composite sampled at 3m intervals where the geology is considered to beprospective, however the sample interval is ultimately left to the geologist’s discretion. Depending on theprogram budget, the drillhole may be comprehensively sampled from surface, sampled only at particularlithologies or have been restricted to a bottom of hole sample. The sample intervals are clearly documented inthe drillhole logs accompanying this report. Drill spoil is riffle split to obtain 2kg composite samples, whilst wetintervals are grab sampled.

GEOPHYSICAL SURVEYS

Ground MagneticsAll ground magnetic surveys are effected by NFM personnel.Total Magnetic Intensity (TMI) readings are taken at 10m intervals (unless otherwise stated) using a G856proton precession magnetometer and a pole height of 1.8m. Diurnal measurements are taken using a secondmagnetometer as a base station, with readings taken every 30 seconds. On completion of the survey, diurnalvariations are removed from the data using the MAGPAC program.Data is collected over the surveyed lines which are pegged every 100m and clearly annotated with the linenumber and location coordinates. Traverses are established using a Garmin II+ Global Positioning System.Details particular to each survey are discussed in the body of this report. Line origins are estimated to be within+/-50m of the AMG co-ordinates listed.

LOCATION SURVEYS

GPS EquipmentGarmin GPS II+ units are used by the surveyors and geologists.

Drillhole LocationsRAB drillholes are located with reference to an established grid by measurement from the nearest peg. Isolatedreconnaissance drillholes are positioned by the geologist at the time of drilling using vehicle mounted GPSequipment.The sites of stream sediment samples are typically annotated on aerial photographs. The photographs aresubsequently scan digitised and adjusted for distortion using SPOT imagery which enables AMG coordinates forsample sites to be determined.

Sample LocationsWhen collected within a gridded area, sample sites are located with reference to the grid. Outside a grid,sample locations are determined by GPS equipment.

Appendix


APPENDIX 4 – PETROLOGICAL DESCRIPTIONS

Report # Author Date Work ProspectGeoPetrology # Count ID Type NFMSample # From To Easting Northing Description EL9562

Highland RocksNotes

Highland RocksEL9562 Icebox

P7848 PU 03/06/1999 TS Icebox (EL)EW Abrolhos Prospect (Sons of Gwalia)

P06503 1 OC 3239788 677230 7640010 Weathered two-mica granitoid gneiss.P06504 2 OC - 678350 7639970 Schistose biotite quartzite with rare zircon, suggesting a former fine to medium sandstone, now very

coarse-grained due to exaggerated grain growth during metamorphism.P06512 10 OC 3239736 704930 7652434 Breccia of limonite to quartz to sericite-rich fragments within a matrix of granular to prismatic quartz,

apparently a low-temperature hydrothermal origin.P06513 11 OC 715753 705090 7652420 Weathered augen granitoid gneiss with areas of flooding by low-temperature felted-prismatic quartz.P06514 12 OC 706895 713790 7639900 Weathered quartz-biotite-muscovite-feldspar (?) gneiss, probably a metasediment rather than a granitoid

gneiss.P06515 13 OC 706895 713790 7639900 Weathered quartz-biotite schist +- feldspar(?) with limonite-clay-altered veins. Interpreted as

metasandstone.P06516 14 OC 706898 718440 7639660 Possibly transported overburden or soil. Apparently not bedrock.

18/06/200 Page 2 of 2printed Petrology Report Numbers are suffixed with a, b, c etc to enable classification into project areas. For example, the existence of Report Nos. P1234, P1234a and P1234b indicates that samples described in the report are from three distinct prospect

areas.

Bibliographic Data Sheet

BIBLIOGRAPHIC DATA SHEET

REPORT NUMBER 29890

REPORT TITLE Final Report on Exploration Licence 9562 Icebox

TENEMENT NUMBERSEL 9562

OWNER/JV PARTNERS Newmont Exploration 50%Newmont NFM 50%

COMMODITIES Gold

TECTONIC UNITS Arunta Complex, Billabong Complex, The Granites-Tanami Block

STRATIGRAPHIC UNITS Lander Rock Beds, Mount Charles Beds, Redcliff Pound Group,Dead Bullock Beds

1:250,000 MAPSHEET Mount Theo SF 52-08

KEYWORDS Aircore Drilling, BLEG, Drilling, Exploration Proposal, Geophysics,Granitic Rock, Ground Magnetic Surveys, Lag Sampling, Meta-Sediments, Magnetic Surveys, Multielement Analysis, RAB Drilling,Regolith, Rock Chip Sampling, Soil Sampling, Vacuum Drilling.

Northern Territory Department of Mines and Energy

REPORT METADATA FORM(MINERAL EXPLORATION)

PART A (DME USE ONLY)Report Number Date ReceivedCollation ___ pp. ___ figs ___ logs ___ maps ___ apps.Media ___ CDs ___ 1.5" ___ Exab. ___ DLT ___ vols.

PART BTenure Number(s) 9562 Company Report

Number29890

Report Date July 2002 Anniversary Date 29 AprilGroup Project Name Highland Rocks ProjectReport Title Final report on exploration licence 9562 Icebox

Author(s) Alex ZdziarskiCorporate Author(s) Newmont ExplorationMaps 1 : 250 000 SF52-08Maps 1 : 100 000 5055 5155

Tectonic Units� Amadeus Basin � Carpentaria Basin � McArthur Basin � Pine Creek Inlier� Arafura Basin � Daly Basin � Money Shoal Basin � Simpson Basin� Arnhem Inlier � Dunmarra Basin � Murphy Inlier � South Nicholson

Basin� Arunta Inlier � Eromanga Basin � Musgrave Block � Tennant Creek

Inlier� Birrindudu Basin � Fitzmaurice Mobile

Zone� Ngalia Basin � Victoria Basin

� Bonaparte Basin � Georgina Basin � Ord Basin � Warburton Basin� Browse Basin � Granites-Tanami

Inlier� Pedirka Basin � Wiso Basin

Other structural units

Stratigraphic Names

AMF Thesaurus Terms - General� Geological

mapping� Regional Geology � Stratigraphy � Structural Geology

� Metallogenesis � Remote sensing � Imagery � Landsat� Petrology � Lithology � Literature reviews � Metamorphism� Lineaments � Photogeology � Reconnaissance � Indicator mineralsOther terms ...

AMF Thesaurus Terms - Target Minerals� Gold � Silver � Tin � Diamonds� Lead � Copper � Platinum Group

Minerals� Industrial Minerals

� Zinc � Uranium � BauxiteOthers…

AMF Thesaurus Terms - Mining� Environmental

impact surveys� Feasibility studies � Geostatistics � Metallurgy

� Ore reserves � Resourceassessment

� Mineral resources � Mining geology

� Mine design � Mine drainage � Mine evaluation � PitsOther terms ...

AMF Thesaurus Terms - Geophysical Surveys� Aerial magnetic

surveys� Aerial radioactivity

surveys� Aerial EM surveys � Ground EM

surveys� Gravity surveys � Geophysical

anomalies� Gravity anomalies � Bouger anomaly

maps� Sirotem surveys � Ground magnetic

surveys� IP surveys � Resistivity surveys

� Seismic surveys � Magneticanomalies

� Geophysicalinterpretation

� Geophysical logs

Other terms ...

AMF Thesaurus Terms - Geochemical Exploration – Surface sampling� Geochemical

sampling� Stream sediment

sampling� Rock chip

sampling� Bulk sampling

� Soil sampling � Heavy mineralsampling

� Geochemicalanomalies

� Assaying

� Isotopegeochemistry

� Whole rockanalysis

� X ray diffraction � Sample locationmaps

Other terms ...

AMF Thesaurus Terms - Geochemical Exploration - Drill sampling� Diamond drilling � RAB drilling � Percussion drilling � Air drilling� RC drilling � Rotary drilling � Vacuum drilling � Auger drilling� Drill core � Drill cuttings � Drill hole logs � Drill core analysisOther terms ... � Aircore drilling

Drilling Type No. of holes Hole name(s)DiamondPercussionVacuum 52 ICV0001 - 0052RAB 3 ICRB001-003AugerAircore 147 ICAC001-147RCRotaryOther ...

Mine / Deposit / Prospects Location - AMG Location - DatumMines

Deposits

Prospects

Other …

Documents

NORMANDY NFM Limited...Normandy NFM Limited SUMMARY EL9562 is dominated by two N-S trending broad palaeodrainage channels, which resulted in two main exploration methodologies. Areas