24 May 2017
Australian Securities Exchange Code: RND Board of Directors:Mr Otakar Demis
Chairman and Joint Company Secretary
Mr Anton Billis
Managing Director
Mr Gordon Sklenka
Non-Executive Director
Mr Roland Berzins
Joint Company Secretary
Suite G1, 49 Melville Parade South Perth WA 6151
T: +61 8 9474 2113
F: +61 8 9367 9386
E:info@randmining.com.au
W: www.randmining.com.au ABN: 41 004 669 658
Rand Mining Ltd (ASX code: RND) is pleased to provide the attached update on its Seven Mile Hill Project.
For further information, please contact:
Roland Berzins
E: rberzins@gcpcapital.com.au
Ph: +61 8 9474 2113
Rand Mining Western Australian Exploration UpdateThe Company's focus remains the prolific East Kundana JV project, however work continues from time to time on the Seven Mile Hill Project.
Seven Mile Hill Project (Rand's Interest 50%) Recent ExplorationThe Company recently completed a rotary air blast (RAB) drilling programme testing the south western portion of the project area. This area had seen only light exploration in the past, including wide spaced (400m by 50m) auger soil sampling and reconnaissance (800m by 100m) vertical RAB drilling. This drilling and sampling had outlined several low order anomalies that had never been followed up.
A total of 439 holes for 11,468.5m were drilled on 800m spaced lines, with holes angled towards grid east at intervals that gave almost full drill coverage. The holes were drilled to blade bit refusal, resulting in most holes ending in relatively fresh bedrock. Logging of the holes revealed a remarkably varied geological sequence. Rocks intersected included eplclastics of the Black Flag Formation, mafic volcanics, granite, carbonaceous shale and the Kurrawang Formation conglomerates and sandstones. Previous interpretation of the detailed magnetic data did not indicate such a wide variety of lithologies.
Several of the holes intersected low order gold mineralisation, and given the wide spaced nature of the drilling these may be of some importance. The table below lists the values above 0.10g/t Au.
The Company holds a 50% interest in the project with Tribune Resources Ltd holding the remainder.
Table 1 Seven Mile Hill Anomalous ResultsHole | From | To | g/t Au |
KWR459 | 44 | 48 | 0.10 |
KWR462 | 44 | 48 | 0.11 |
KWR542 | 36 | 40 | 0.12 |
KWR458 | 32 | 36 | 0.20 |
The Seven Mile Hill Project is located within the central portion of the Archaean Norseman‐Wiluna Greenstone belt. The rocks of the area are mafic and felsic volcanics along with epiclastics of the Black Flag Group and the clastic sedimentary rocks of the Kurrawang Formation. Weathering of the rocks is commonly 40‐50m deep. An exception to this is in porphyry, where the depth of weathering is quite shallow, and commonly 10m.
Photo showing typical grid line from the recent drilling. Table 2 Seven Mile Hill Drill Collar TableHole ID | MGA E | MGA N | RL | Depth | Dip | Mag Az |
KWR324 | 341024 | 6585420 | 379 | 45 | ‐60 | 70 |
KWR325 | 341045 | 6585421 | 379 | 46 | ‐60 | 70 |
KWR326 | 341059 | 6585440 | 379 | 47 | ‐60 | 70 |
KWR327 | 341084 | 6585448 | 379 | 41 | ‐60 | 69 |
KWR328 | 341098 | 6585456 | 379 | 18.5 | ‐60 | 70 |
KWR329 | 341110 | 6585462 | 379 | 16 | ‐60 | 70 |
KWR330 | 341118 | 6585462 | 379 | 43 | ‐60 | 70 |
KWR331 | 341140 | 6585470 | 380 | 33 | ‐60 | 70 |
KWR332 | 341155 | 6585477 | 380 | 23 | ‐60 | 70 |
KWR333 | 341173 | 6585484 | 380 | 31 | ‐60 | 70 |
KWR334 | 341192 | 6585489 | 380 | 33 | ‐60 | 70 |
KWR335 | 341203 | 6585502 | 380 | 36 | ‐60 | 70 |
KWR336 | 341223 | 6585504 | 381 | 30 | ‐60 | 70 |
KWR337 | 341236 | 6585506 | 381 | 37 | ‐60 | 70 |
KWR338 | 341259 | 6585512 | 381 | 39 | ‐60 | 70 |
KWR339 | 341280 | 6585518 | 381 | 51 | ‐60 | 70 |
KWR340 | 341306 | 6585523 | 381 | 49 | ‐60 | 69 |
KWR341 | 341328 | 6585539 | 381 | 49 | ‐60 | 70 |
KWR342 | 341351 | 6585545 | 381 | 45 | ‐60 | 69 |
KWR343 | 341375 | 6585554 | 381 | 70 | ‐60 | 70 |
KWR344 | 341410 | 6585568 | 382 | 64 | ‐60 | 70 |
KWR345 | 341441 | 6585578 | 382 | 52 | ‐60 | 70 |
KWR346 | 341468 | 6585586 | 381 | 51 | ‐60 | 70 |
KWR347 | 341490 | 6585601 | 381 | 45 | ‐60 | 70 |
KWR348 | 341511 | 6585607 | 381 | 42 | ‐60 | 70 |
KWR349 | 341533 | 6585614 | 381 | 45 | ‐60 | 70 |
KWR350 | 341555 | 6585621 | 382 | 43 | ‐60 | 70 |
KWR351 | 341581 | 6585631 | 383 | 26 | ‐60 | 70 |
KWR352 | 341592 | 6585635 | 383 | 21 | ‐60 | 70 |
KWR353 | 341601 | 6585637 | 384 | 21 | ‐60 | 70 |
KWR354 | 341613 | 6585642 | 384 | 18 | ‐60 | 70 |
KWR355 | 341619 | 6585644 | 384 | 14 | ‐60 | 70 |
KWR356 | 341628 | 6585647 | 385 | 13 | ‐60 | 70 |
KWR357 | 341636 | 6585651 | 385 | 18 | ‐60 | 70 |
KWR358 | 341645 | 6585655 | 385 | 18 | ‐60 | 70 |
KWR359 | 341654 | 6585658 | 385 | 14 | ‐60 | 70 |
KWR360 | 341663 | 6585662 | 386 | 7 | ‐60 | 70 |
KWR361 | 341670 | 6585663 | 386 | 8 | ‐60 | 70 |
KWR362 | 341675 | 6585665 | 386 | 5 | ‐60 | 70 |
KWR363 | 341679 | 6585666 | 386 | 3 | ‐60 | 70 |
KWR364 | 341680 | 6585667 | 386 | 4 | ‐60 | 70 |
KWR365 | 341683 | 6585668 | 386 | 6 | ‐60 | 70 |
KWR366 | 341689 | 6585671 | 386 | 9 | ‐60 | 70 |
KWR367 | 341695 | 6585673 | 386 | 4 | ‐60 | 70 |
KWR368 | 341697 | 6585674 | 386 | 4 | ‐60 | 70 |
KWR369 | 341702 | 6585674 | 386 | 5 | ‐60 | 70 |
KWR370 | 341705 | 6585676 | 386 | 5 | ‐60 | 70 |
KWR371 | 341710 | 6585675 | 386 | 8 | ‐60 | 70 |
KWR372 | 341719 | 6585679 | 387 | 15 | ‐60 | 70 |
KWR373 | 341728 | 6585682 | 387 | 7 | ‐60 | 70 |
KWR374 | 341734 | 6585684 | 387 | 9 | ‐60 | 70 |
KWR375 | 341741 | 6585687 | 387 | 11 | ‐60 | 70 |
KWR376 | 341749 | 6585693 | 387 | 15 | ‐60 | 70 |
KWR377 | 341757 | 6585695 | 387 | 19 | ‐60 | 70 |
KWR378 | 341766 | 6585701 | 387 | 32 | ‐60 | 70 |
KWR379 | 341792 | 6585714 | 388 | 24 | ‐60 | 70 |
KWR380 | 341801 | 6585716 | 388 | 19 | ‐60 | 70 |
KWR381 | 341815 | 6585718 | 388 | 25 | ‐60 | 70 |
KWR382 | 341826 | 6585722 | 388 | 24 | ‐60 | 70 |
KWR383 | 341844 | 6585724 | 388 | 22 | ‐60 | 70 |
KWR384 | 341853 | 6585728 | 389 | 21 | ‐60 | 70 |
Rand Mining Ltd. published this content on 24 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 May 2017 07:24:13 UTC.
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