Province Resources : Fraser Range Drilling Commences

only		ASX Announcement
	(ASX: PRL)
	14 December 2021
	Fraser Range Drilling Commences
use	Highlights:
•	Phase 1 Air Core drilling program commences at Gnama North project area
•	Program aims to investigate geochemical anomalism and geophysical features within the
	prospective Fraser Zone gabbros
•	Drilling at the flagship Gnama South Project is to occur H1 2022 following receipt of all
		approvals
Province Resources is pleased to announce that it has commenced Phase 1 Air Core drilling
personal

activities at the Gnama North regional nickel-copper project area (Gnama North Project) in the Fraser Range Province of Western Australia (Figure 1).

The Gnama nickel copper project is an exciting target with significant nickel and copper anomalism

n t yet followed up with deeper drilling. It is located at the southern end of the Fraser Range, host

to several recent nickel discoveries including Nova-Bollinger (Sirius Resources / IGO), Silver Knight (Creasy Group) and Mawson (Legend Mining).

All these discoveries contain similar features:

•	Shallow oxide Ni-Cu-Co anomaly
•	Barren interval below supergene enrichment
•	Local geology of meta-pyroxenites intruded into a sequence of quartz-feldspar-biotite-
garnet meta-sediments
•	High-grade sulphide mineralisation, initially identified by either ground EM or downhole EM
For

su veying.

Gnama was first identified by Newmont in the 1960s from geochemical sampling and shallow drilling. Sirius Gold then held the tenement from 2004 to 2011. Drilling by Sirius Gold intersected significant elevated Ni, Cu and Co enrichment in the oxide zone above mixed mafic lithology,

igure 2.

• Drill hole SFRC0005 intersected 16m @ 0.6% Ni, 0.14% Cu and 0.13% Co from 36m
• Drill hole SFRC0006 intersected 20m @ 0.57% Ni, 0.17% Cu and 0.08% Co from 28m.

Province Resources Ltd ABN 83 061 375 442 - 358 Rokeby Road, SUBIACO WA 6008 PH: [phone]

Figure 1. Gnama Nickel-CopperProject location in Fraser Range Province.

onlyuse

personalAt the time, Sirius remarked that "Whilst the elevated levels of Ni and Co could be explained by lateritic enrichment, the presence of copper suggests that the underlying rocks may contain

sulphide mineralisation."

The Gnama North Prospect overlies Fraser Zone gabbros at the western margin of the Albany-Fraser Belt. Unlike Gnama South limited surface testing has occurred in these areas.

The proposed Phase 1 Air Core drilling program at E63/1934 will comprise approximately 2,000m, with drill lines spaced 800m north-south, and drill holes spaced 100m east-west, Figure 3. Further ForAi core drilling will be undertaken at the Gnama North regional targets on E63/1933 during H1 2022. The aim of the program is to better map the bedrock geology and geochemical characteristics to identify the most prospective areas to carry out a high-powered EM survey and deeper drilling into bedrock. Results will be based on both geological and geochemical datasets and are anticipated

for release in Q1 2022.

Province Resources Ltd ABN 83 061 375 442 - 358 Rokeby Road, SUBIACO WA 6008 PH: [phone]

For personal use only

Figure 2. Gnama Nickel Project Ni / Cu RC drill intersections by Sirius Gold Pty Ltd.

Figure 3. Regional Location Map showing proposed Air Core drilling across Gnama North Regional Projects

Province Resources Ltd ABN 83 061 375 442 - 358 Rokeby Road, SUBIACO WA 6008 PH: [phone]

-ENDS-

This announcement has been approved by the Board. onlyFor more information contact:

David J Frances Managing [e-mail]

The information referred to in this announcement relates to the following sources:

Competent Person's Statement

useThe information in this announcement that relates to Exploration Results and other technical information complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and has been compiled and assessed nder the supervision of Mr Bill Oliver. Mr Oliver is a Member of the Australasian Institute of Mining and Metallurgy and the Australasian Institute of Geoscientists, and is a consultant to the Company. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under

personalconsideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC Code. Mr Oliver consents to the inclusion in this announcement of the

matters based on his information in the form and context in which it appears.

Appendix 1. Historical Significant Intersections from the Gnama Project

For

Province Resources Ltd ABN 83 061 375 442 - 358 Rokeby Road, SUBIACO WA 6008 PH: [phone]

Appendix 2. Supporting tables prescribed under the JORC Code (2012 Edition) for the reporting of Exploration Results from the Gnama Project

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

For personal use only

Criteria

Sampling techniques

Drilling techniques

Drill sample recovery

Logging

JORC Code explanation	Commentary
• Nature and quality of sampling (eg	• Historical RC drilling to test for nickel-
cut channels, random chips, or	copper mineralisation.
specific specialised industry	• Drilling was sampled at 1m intervals with
standard measurement tools	the entire interval collected at the rig
appropriate to the minerals under	then riffle split at the rig to produce
investigation, such as down hole	samples.
gamma sondes, or handheld XRF	• Initial sampling was done using a scoop
instruments, etc). These examples	to collect a composite sample. Samples
should not be taken as limiting the	were submitted to an external laboratory
broad meaning of sampling.	where they were dried and pulverised
• Include reference to measures taken	before sub sampling for assay.
to ensure sample representivity and
the appropriate calibration of any	• Where anomalous results were returned
measurement tools or systems used.	from initial samples the 1m samples from
• Aspects of the determination of	the interval were collected and
mineralisation that are Material to	submitted to the laboratory for drying,
the Public Report.	pulverising and sub sampling for assay.
• In cases where 'industry standard'
work has been done this would be
relatively simple (eg '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 (eg submarine
nodules) may warrant disclosure of
detailed information.
• Drill type (eg core, reverse	• RC drilling was carried out using face
circulation, open-hole hammer,	sampling reverse circulation hammers.
rotary air blast, auger, Bangka,
sonic, etc) and details (eg 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).
• Method of recording and assessing	• RC recoveries were measured
core and chip sample recoveries	qualitatively and poor recoveries
and results assessed.	recorded in the sampling sheets.
• Measures taken to maximise sample	• Standard drilling techniques such as
recovery and ensure representative	cleaning cyclones each rod and hole
nature of the samples.	conditioning to maintain good sample
• Whether a relationship exists	quality were used.
between sample recovery and	• No recovery issues noted so no
grade and whether sample bias	relationship between recovery and
may have occurred due to	grade or sample bias known.
preferential loss/gain of fine/coarse
material.
• Whether core and chip samples	• All RC chips were geologically logged in

Province Resources Ltd ABN 83 061 375 442 - 358 Rokeby Road, SUBIACO WA 6008 PH: [phone]