Further Outstanding Gold Intercepts Bolsters Burbanks
Released
Released
Announcement PDF
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ASX ANNOUNCEMENT
4 May 2026
FURTHER OUTSTANDING GOLD INTERCEPTS BOLSTERS
BURBANKS PROGRAM
Maritana Minerals Limited (ASX: MRT) (“Maritana” or the “Company”) is pleased to provide the latest update
on the drilling at its 100% owned high-grade Burbanks Gold Project, located 9km south of Coolgardie in the
Western Australian Goldfields.
HIGHLIGHTS
• Phase 1 diamond drill program at Burbanks completed
• Phase 1 drilling was designed to improve the geological confidence at the Burbanks North Open
Pit, which is included in the current life-of-mine (LOM) plan1
, and at the Burbanks Underground
which is not currently included in the current LOM plan
• Recent assays have returned further high-grade intercepts2
. Highlights as follows:
o 4.20m @ 42.43g/t Au from 289.63m including 1.37m @ 126.93 g/t Au from 290.84m
(26HBBD044)
o 0.30m @ 54.02 g/t Au from 207.41m (26HBBD044)
o 1.84m @ 5.98 g/t Au from 223.00; including 1.20m @ 8.69g/t Au from 223.64
(26HBBD044)
o 0.63m @ 24.32g/t Au from 460.37m including 0.30m @ 40.95g/t Au from 460.37m
(26HBBD038)
o 1.81m @ 13.82 g/t Au from 113.88m (26HBBD040)
o 2.02m @ 5.99g/t Au from 244.98m; including 0.37m @ 9.05g/t Au from 244.98
(26HBBD042)
• Additional exploration was initiated in the southern project area targeting high grade shallow gold
mineralisation
• Underground mining at Burbanks historically produced 324koz @ 22.7g/t Au3
• The historical production is in addition to the existing JORC (2012) Mineral Resource of 6.1Mt
grading 2.4g/t Au for 466koz3
1
Refer to Cautionary Statement on page 11 and ASX Announcement 17 February 2026 “Studies Support Standalone Development in WA
Goldfields”
2
Refer to Forward Looking and Cautionary Statements on page 13. Note Intercepts are stated as downhole intervals, and due to the vertical
nature of the ore body and restricted collar locations are commonly, but not consistently, at a low angle to the mineralisation
3
Refer to ASX Announcement 1 August 2024 “Group Mineral Resource Statement – Amended”
ASX: MRT
Page | 2
Managing Director and CEO Mr Grant Haywood commented:
“Following strong results previously reported, the latest assays from Burbanks continues to demonstrate
consistent high-grade mineralisation and improved geological confidence. The ongoing success of the drilling
program continues to de-risk the project, as we progress Burbanks towards becoming a reliable source of feed
for Maritana’s 100% owned Black Swan Processing Hub.”
Phase 1 Drilling Results
Maritana has successfully completed Phase 1 resource definition drilling at Burbanks, with assays results
received for all but the final four holes. Drilling focused on Burbanks North, targeting infill within the current
Mineral Resource and extensional mineralisation, as well as testing down-dip continuity of shallow
mineralisation in the southern area, refer Figure 1. Phase 1 of the drilling program comprised 53 holes, for a
total of 15,798m.
Figure 1 – Burbanks Mining Centre showing the location of the completed holes in the current drill
program and representative long and cross sections
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Drilling at Burbanks North continues to demonstrate exceptional high-grade gold mineralisation associated
with the Burbanks shear (refer Figure 2), which highlights visible gold hosted within quartz veining in the shear
zone intersected in hole 26HBBD044. A sectional view of this hole is presented in Figure 3.
Assay results for all but three holes in the south, and one to the east have been received. Highlights are shown
on the cover page with full results presented in Table 1. Intercepts are stated as downhole intervals and due
to the vertical nature of the ore body and restricted collar locations, are commonly, but not consistently, at a low
angle to the mineralisation. Drill collar coordinate details for the program drilled to date are shown in Table 2.
Figure 2 – Gold mineralisation located within a quartz vein hole 26HBBD044. The interval grades 4.20m
@ 42.43g/t Au from 289.63m including 1.37m @ 126.93 g/t Au from 290.84m (refer Table 1). Core width
is NQ2 and ≈ 50.5mm in diameter for scale
These outcomes enhance the geological confidence of the continuity and extensions of the mineralised system
and are being incorporated into the updated geological model and Mineral Resource Estimate currently
underway for Burbanks North. A long section (refer Figure 4) highlights pierce points from significant intercepts
from both within and outside the current Inferred Mineral Resource envelope, supporting continuity of
mineralisation and potential resource extensions.
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Figure 3 – Cross-section on local grid (+/- 10m) showing holes 26HBBD044 and
historical drilling with the down hole gold intersections >1.0g/t. Previously reported
intersections from this program are highlighted in white boxes, current
intersections are in yellow
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`
Figure 4 – SW NE schematic long section on local grid showing the location of drilling in the 2025-26 drill program at Burbanks North, the
current MRE categories, historical pierce points and recent drill traces with pierce points >1.0g/t. Previously reported intersections from
this program are highlighted in white boxes, current intersections are in yellow
Page | 6
Next Steps
The Company will continue to provide updates for the remaining assay results from Phase1 as they become
available and updates on the Phase 2 drill program. All assay results from the Burbanks North drilling have
been received, enabling the completion of an updated Mineral Resource Estimate in the June 2026 quarter.
Ore Reserve studies based on the improved confidence in resource classification from Inferred to Indicated
from the updated Mineral Resource Estimate will then follow.
Overview – Burbanks
A two-phase extensional and infill drilling program commenced at Maritana’s 100% owned, high-grade,
Burbanks gold project in late June 2025, with a revised total of 25,000m of reverse circulation (“RC”) and
diamond drillholes planned based on results received in the first phase of drilling. Burbanks is located 9km
south of Coolgardie in the world-renowned Western Australian Goldfields (Figure 5).
Figure 5 – Maritana Minerals project locations, regional geology and surrounding infrastructure
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Table 1 – Significant intervals for holes 25HBBD0022-036, previously unreported. Assay results for
significant intervals from holes 25HBBD022–24 and 25HBBD027 were previously reported December
20254
. Intercepts are down hole and not true width and were calculated based on a sample returning
an assay value of greater than 1.0g/t Au over an interval no less than 0.2m and no greater than 1.2m,
with no more than 1m of internal dilution. Intervals are based on geology and no top cut off was applied.
No significant result is represented as NSI in the table. All other assays from the reported drill holes
were below the defined cut-off grade of 1.0 g/t Au and are not considered material for public reporting
Hole ID From To Intercept Width Au g/t
26HBBD037 99.00 100.00 1.00 4.91
26HBBD037 102.80 103.20 0.40 2.19
26HBBD037 142.45 143.15 0.70 1.55
26HBBD037 146.00 146.50 0.50 2.40
26HBBD037 167.00 168.00 1.00 1.24
26HBBD037 203.00 203.40 0.40 1.15
26HBBD037 212.64 213.00 0.36 3.49
26HBBD037 263.70 264.24 0.54 1.78
26HBBD038 78.00 79.00 1.00 5.84
26HBBD038 406.50 407.00 0.50 2.75
26HBBD038 426.00 426.47 0.47 3.29
26HBBD038 445.49 446.00 0.51 1.51
26HBBD038 458.90 459.23 0.33 1.02
26HBBD038 460.37 461.00 0.63 24.32
including 460.37 460.67 0.30 40.95
26HBBD038 479.74 480.04 0.30 1.35
26HBBD038 489.50 490.00 0.50 1.05
26HBBD039 67.12 67.67 0.55 6.36
26HBBD039 81.35 81.65 0.30 2.28
26HBBD039 90.57 91.02 0.45 3.28
26HBBD039 222.63 223.15 0.52 2.42
26HBBD039 253.30 254.07 0.77 2.60
26HBBD039 257.66 257.99 0.33 1.51
26HBBD039 354.51 361.00 6.49 2.66
including 355.97 357.24 1.27 6.54
and 360.00 360.47 0.47 5.68
26HBBD039 362.53 363.55 1.02 1.18
26HBBD040 113.88 115.69 1.81 13.82
26HBBD040 129.12 129.48 0.36 1.07
26HBBD040 134.77 135.11 0.34 1.48
26HBBD040 137.00 137.40 0.40 3.39
26HBBD040 159.79 160.11 0.32 2.22
4
Refer ASX Announcement on 17 December “Ultra High-Grades Returned in Burbanks Phase 1 Drilling”
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Hole ID From To Intercept Width Au g/t
26HBBD040 165.00 167.06 2.06 2.26
26HBBD040 296.00 297.42 1.42 2.23
26HBBD040 330.71 331.06 0.35 1.23
26HBBD041 NSI
26HBBD042 38.00 38.60 0.60 1.30
26HBBD042 210.30 211.60 1.30 1.68
26HBBD042 217.00 218.00 1.00 1.47
26HBBD042 220.95 222.82 1.87 2.83
26HBBD042 226.00 226.50 0.50 1.57
26HBBD042 229.04 229.70 0.66 1.32
26HBBD042 244.98 247.00 2.02 5.99
including 244.98 245.35 0.37 9.05
26HBBD042 277.30 277.85 0.55 1.23
26HBBD042 369.00 371.00 2.00 1.47
26HBBD043 162.22 163.00 0.78 1.51
26HBBD043 178.38 178.73 0.35 1.30
26HBBD044 207.41 207.71 0.30 54.02
26HBBD044 218.75 219.20 0.45 2.60
26HBBD044 223.00 224.84 1.84 5.98
including 223.64 224.84 1.20 8.69
26HBBD044 289.63 293.83 4.20 42.43
including 290.84 292.21 1.37 126.93
26HBBD044 295.64 296.25 0.61 1.87
26HBBD044 303.00 304.00 1.00 1.19
26HBBD044 323.00 324.00 1.00 1.17
26HBBD044 330.00 332.00 2.00 1.39
26HBBD044 335.00 339.00 4.00 1.09
26HBBD044 345.00 345.88 0.88 1.12
26HBBD045 105.09 106.30 1.21 1.92
26HBBD045 172.00 173.00 1.00 1.67
26HBBD047 102.81 103.54 0.73 4.62
26HBBD047 117.72 119.21 1.49 1.49
26HBBD047 261.00 261.30 0.30 1.06
26HBBD047 263.9 264.5 0.6 1.41
26HBBD048 NSI
26HBBD049 76.96 77.26 0.30 2.75
26HBBD049 117.00 118.00 1.00 1.45
26HBBD049 122.50 123.70 1.20 1.37
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Hole ID From To Intercept Width Au g/t
26HBBD049 225.70 226.70 1.00 1.42
26HBBD049 229.62 230.14 0.52 10.83
26HBBD050 178.00 179.00 1.00 1.04
26HBBD050 204.20 204.61 0.41 3.12
Table 2 - Collar location details of Phase 1 diamond holes at Burbanks, in GDA2020, Zone 51 and local
mine grid
Hole Id MGA94
East
MGA94
North
Local
East
Local
Noth
RL Dip Azi EOH
(m)
Results
26HBBD037 323677 6568097 1706 7893 400.0 -60 130 350.00 received
26HBBD038 323393 6568050 1525 7670 415.9 -61 130 504.60 received
26HBBD039 323357 6567659 1757 7353 393.3 -77 132 420.53 received
26HBBD040 323277 6567148 2037 6919 380.3 -61 309 363.50 received
26HBBD041 323040 6566703 2156 6428 387.0 -55 310 95.60 received
26HBBD042 323040 6566703 2156 6428 387.0 -64 311 402.52 received
26HBBD043 323040 6566703 2156 6428 387.0 -57 308 352.40 received
26HBBD044 323043 6567160 1854 6772 387.5 -79 132 420.10 received
26HBBD045 323804 6568127 1780 8000 395.2 -68 129 290.54 received
26HBBD047 323829 6568217 1740 8084 397.3 -70 130 350.00 received
26HBBD048 324018 6568416 1748 8359 399.6 -65 130 290.10 received
26HBBD049 321422 6565149 1978 4192 401.2 -60 310 224.00 received
26HBBD050 321285 6565064 1932 4038 405.9 -59 310 220.00 received
26HBBD051 321192 6565028 1887 3948 407.9 -60 210 159.40 received
26HBBD052 322964 6566678 2115 6359 389.3 -68 130 235.00 pending
26HBBD053 321547 6565349 1938 4424 400 -60 310 153.50 pending
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Table 3 - Maritana Minerals Limited – Burbanks Gold Mineral Resources
Project Cut-off Measured Indicated Inferred Total
Au g/t Mt Au g/t Ounces Mt Au g/t Ounces Mt Au g/t Ounces Mt
Au
g/t
Ounces
Burbanks
OP
0.5 1.43 2.02 92,800 3.43 1.86 204,900 4.86 1.90 297,700
Burbanks
UG
2.5/2.0 0.12 4.26 16,700 1.07 4.39 151,200 1.19 4.38 167,900
Total 1.55 2.19 109,500 4.50 2.46 356,100 6.05 2.39 465,600
*Appropriate rounding applied.
Confirmation
The information in this report that relates to Maritana’s Mineral Resources estimates is extracted from and was
originally reported in Maritana’s ASX announcement titled “Group Mineral Resource Statement – Amended”
(Burbanks, Phillips Find) 1 August 2024, which is available at www.asx.com.au. The Company confirms that it
is not aware of any new information or data that materially affects the information included in the original market
announcements and that all material assumptions and technical parameters underpinning the estimates in
those announcements continue to apply and have not materially changed. The Company confirms that the
form and context of the Competent Person’s findings in relation to those Mineral Resources estimates or Ore
Reserves estimates have not been materially modified from the original market announcements.
To the extent that this announcement contains references to prior exploration results which have been cross
referenced to previous market announcements made by the Company, unless explicitly stated, the Company
confirms that it is not aware of any new information or data that materially affects the information included in
the original market announcements.
Competent Persons Statement – Burbanks
The information in this document that relates to exploration results, geology and data compilation is based on
information compiled under the supervision and review of Mr. Stephen Guy, a Competent Person who is a
Member of The Australian Institute of Geoscientists (8203).
Mr. Guy is the Chief Geologist for Maritana Minerals, is a full-time employee of the Company and holds shares
and options in the Company. Mr. Guy has sufficient experience which is relevant to the style of mineralisation
and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent
Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves’. Mr. Guy consents to the inclusion in this announcement of the matters based
on this information in the form and context in which it appears.
The information in the report to which this statement is attached that relates to the estimation and reporting of
global gold Mineral Resources at the Burbanks deposits is based on information compiled by Mr Glenn Poole,
BSc, a Competent Person and a current Member of the Australian Institute of Mining and Metallurgy. Mr Poole
is Chief Geologist at Maritana Minerals Ltd and has sufficient experience relevant to the style of mineralisation
and deposit type under consideration and to the activities being undertaken to qualify as a Competent Person
as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves. Mr Poole consents to the inclusion in the report of matters based on his
information in the form and context in which it appears.
Authorised for release by the Board of Directors.
For further information, please contact:
Grant Haywood Michael Vaughan
Managing Director and CEO Investor and Media Relations – Fivemark
grant.haywood@Maritanaminerals.com.au michael.vaughan@fivemark.com.au
+61 8 9386 9534 +61 422 602 720
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Forward Looking and Cautionary Statements
Some statements in this report regarding estimates or future events are forward looking statements. They
include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward
looking statements include, but are not limited to, statements preceded by words such as “planned”,
“expected”, “projected”, “estimated”, “may”, “scheduled”, “intends”, “anticipates”, “believes”, “potential”, “could”,
“nominal”, “conceptual” and similar expressions. Forward looking statements, opinions and estimates included
in this announcement are based on assumptions and contingencies which are subject to change without notice,
as are statements about market and industry trends, which are based on interpretations of current market
conditions. Forward looking statements are provided as a general guide only and should not be relied on as a
guarantee of future performance. Forward looking statements may be affected by a range of variables that
could cause actual results to differ from estimated results and may cause the Company’s actual performance
and financial results in future periods to materially differ from any projections of future performance or results
expressed or implied by such forward looking statements. These risks and uncertainties include but are not
limited to liabilities inherent in mine development and production, geological, mining and processing technical
problems, the inability to obtain any additional mine licenses, permits and other regulatory approvals required
in connection with mining and third party processing operations, competition for among other things, capital,
acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of
acquisitions, changes in commodity prices and exchange rate, currency and interest fluctuations, various
events which could disrupt operations and/or the transportation of mineral products, including labour stoppages
and severe weather conditions, the demand for and availability of transportation services, the ability to secure
adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. There
can be no assurance that forward looking statements will prove to be correct.
Statements regarding plans with respect to the Company’s mineral properties may contain forward looking
statements in relation to future matters that can only be made where the Company has a reasonable basis for
making those statements.
This announcement has been prepared in compliance with the JORC Code (2012) and the current ASX Listing
Rules.
The Company believes that it has a reasonable basis for making the forward-looking statements in the
announcement, including with respect to any production targets and financial estimates, based on the
information contained in this and previous ASX announcements.
Cautionary statement
Statements in this report relating to the LOM of mine pertain to the Company’s Scoping Studies which were
originally released to the ASX on 17 February 2026 and are preliminary in nature. The Scoping Studies include
Indicated and Inferred Mineral Resources and are based on low-level technical and economic assessments,
which are insufficient to support estimation of Ore Reserves. There is no certainty that the study outcomes,
including production targets and financial assumptions, will be realised.All material assumptions and technical
parameters underpinning the Scoping Study production targets and financial information continue to apply and
have not materially changed since that announcement.
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Appendix 1 – JORC Table 1 Burbanks Project – 2025
JORC Code (2012) Table 1, Sections 1 and 2
The following Table and Sections are provided to ensure compliance with the JORC Code (2012 edition) guidelines for the reporting of Mineral Resources.
SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Sampling techniques Nature and quality of sampling (e.g. cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc).
These examples should not be taken as limiting the
broad meaning of sampling.
Sampling was conducted using multipurpose Reverse Circulation (RC) and Diamond
Core (DD) drilling rig from surface.
For RC drilling, samples were collected as both 4m composites and 1m splits using
a cyclone and cone splitter to obtain a ~2-3kg representative samples.
Diamond drilling was used to obtain ½ NQ2 core samples of various lengths
(minimum 0.2m and maximum 1.2m), from which 1-3kg of material is collected for
assaying.
Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or systems
used.
RC samples were collected directly from a cyclone and cone splitter mounted on the
rig to give 4m composites and a 1m split.
The cyclone and splitter were cleaned regularly to minimize contamination.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
For DD drilling, samples were collected as half-core (NQ2) using geological intervals
and mineralisation boundaries which is considered appropriate for this style of
mineralisation.
Aspects of the determination of mineralisation that
are Material to the Public Report. In cases where
‘industry standard’ work has been done this would
be relatively simple (e.g. ‘reverse circulation drilling
was used to obtain 1 m samples from which 3 kg
was pulverised to produce a 30 g charge for fire
assay’). In other cases more explanation may be
required, such as where there is coarse gold that
has inherent sampling problems. Unusual
commodities or mineralisation types (e.g.
submarine nodules) may warrant disclosure of
detailed information.
Field duplicates, QAQC certified reference standards and blanks were
collected/inserted at a rate of 1 in every 20m (maximum) through pre-determined
mineralised zones.
All samples were crushed and split to produce a 500g jar for Photon assay.
Sampling and QAQC procedures are carried out using Maritana protocols consistent
with industry best practice.
Drilling Techniques Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (e.g. core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or
other type, whether core is oriented and if so, by
what method, etc).
RC drilling was carried out using a face sampling hammer with a 127mm (5”) drill bit.
DD was NQ2 through the main zones of mineralisation. Core was oriented every 6m
where possible using an electronic orientation tool.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Drill sample recovery Method of recording and assessing core and chip
sample recoveries and results assessed.
Sample recoveries for RC are visually estimated qualitatively on a metre basis and
recorded in the database.
Measures taken to maximise sample recovery and
ensure representative nature of the samples.
Drilling contractors adjust their drilling approach to specific conditions to maximise
sample recovery.
RC samples were visually assessed for recovery and moisture. A cyclone and cone
splitter were used to provide uniform sample.
Whether a relationship exists between sample
recovery and grade and whether sample bias may
have occurred due to preferential loss/gain of
fine/coarse material.
No sample recovery issues have impacted on potential sample bias.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a level of
detail to support appropriate Mineral Resource
estimation, mining studies and metallurgical
studies.
All drilled intervals (RC and DD) are logged and recorded.
Data for DD core was recorded for regolith, lithology, veining, fabric (structure), grain
size, colour, sulphide presence, alteration, oxidation state, fractures, and RQD.
Maritana considers the data to be of an appropriate level of detail to support future
resource estimations.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc)
photography.
Logging is both qualitative and quantitative in nature depending on the field being
logged.
Logging of RC chips and DD core was qualitative, both were photographed.
RC chips trays and DD core is stored at the Company’s core yard on-site at Burbanks.
The total length and percentage of the relevant
intersections logged.
All drillholes are logged in full.
Sub-sampling
techniques and sample
preparation
If core, whether cut or sawn and whether quarter,
half or all core taken.
DD core is cut in half next to the orientation line. The right-side of the core is collected
for analysis and the left side retained for reference.
Duplicate samples were submitted at a rate of 1:20m through mineralised zones and
certified reference standards were inserted at a rate of 1:20m (maximum) through
mineralised zones based on geological interpretation.
Samples were sent to Intertek Laboratories, where they were dried and crushed to 2
mm before a 500 g split was taken for photon assay.
If non-core, whether riffled, tube sampled, rotary
split, etc and whether sampled wet or dry.
All RC samples were passed through cyclone and cone splitter, and a 2-3kg split
sample is collected for each 1m interval and similarly a 4m interval.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
4m samples were collected and sent to Intertek to be dried and crushed to 2mm
before a 500g split was taken for photon assay.
1m split samples were collected for analysis from selected zones based on field
logging and >0.3g/t returned assay. All other zones within the RC were sampled by
collecting a 4m composite sample.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
The sample type and size is considered appropriate for this type and style of
mineralisation
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Laboratory QA/QC controls during the analysis process include duplicates for
reproducibility, blank samples for contamination and standards for bias.
The laboratories used have generally demonstrated analytical accuracy at an
acceptable level within 95% confidence limits.
Laboratories also employ their own internal QA/QC protocols.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field
duplicate/second-half sampling.
Laboratory duplicates were generated from the coarse crushed material as part of
the analytical process to monitor sample precision.
For diamond core, the core was orientated and consistently cut next to the orientation
line, with the right-hand side of the core submitted for assay. This procedure ensures
that sampling is systematic and representative of the in-situ material.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the grain
size of the material being sampled.
The sample size is considered appropriate for this type and style of mineralisation
Quality of assay data
and laboratory tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or total.
RC and DD samples were sent to Intertek Laboratories for analysis by Photon
Assay. A 500 g sample is assayed for gold by Photon Assay (method PAAU02,
upper limit 350ppm) along with quality control samples including certified reference
material, blanks and duplicates. Photon method PAAU02H (upper limit 3500ppm
Au) and PAAU02HH (absolute Au) where used for samples of very high grade.
SG measurements are routinely collected using the water displacement method at
an average rate of 1 every 20m and include each lithological unit.
For geophysical tools, spectrometers, handheld
XRF instruments, etc, the parameters used in
determining the analysis including instrument make
and model, reading times, calibrations factors
applied and their derivation, etc.
No geophysical tools or XRF instruments have been used at Burbanks.
Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy
(ie lack of bias) and precision have been
established.
Laboratory QA/QC controls during the analysis process include duplicates for
reproducibility, blank samples for contamination and standards for bias.
The laboratories used have generally demonstrated analytical accuracy at an
acceptable level within 95% confidence limits.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Verification of
sampling and assaying
The verification of significant intersections by either
independent or alternative company personnel.
All drilling and significant intersections are verified and signed off by the Chief
Geologist for Maritana Minerals who is also a Competent Person.
The use of twinned holes. No pre-determined twin holes were drilled during this program.
Documentation of primary data, data entry
procedures, data verification, data storage (physical
and electronic) protocols.
Geological logging was originally captured on formatted excel templates, then sent
to the company’s inhouse database manager utilising Geobank v2025.1 software for
uploading into the company database via a validation process.
Laboratory assay and downhole survey data is captured electronically.
Uploaded data is reviewed and verified by the geologist responsible for the data
collection.
Discuss any adjustment to assay data. No adjustments or calibrations were made to the assay data reported.
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SECTION 1 Sampling Techniques and Data
Burbanks Project
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Location of data points Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches,
mine workings and other locations used in Mineral
Resource estimation.
Drill hole collar locations are positioned with a hand-held GPS.
Systematically through-out, and on completion of the program and any Mineral
Resource estimation the collar locations will be surveyed by a qualified surveyor
using sophisticated DGPS with a nominal accuracy of +/- 0.05m for north,
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