Summary of the resource reporting intel for 15-21 Oct 2018

Optiro summary of RSC Mineral Intelligence for 15-21 October 2018.

93 new technical reports published – resource reports are up this week

• 16 were Resource Estimation
• 1 Maiden Resources
• 72 Exploration / Drilling updates
• 35 Announced drilling – now at a 37-week low
• 2 Feasibility Studies
• 1 Optimisation Study
• 1 Scoping Study
• 56% reports used JORC Code
• 42% used NI43-101
• 2% no Code referenced
• 5 NI43-101 technical reports filed
• 1 Environmental report
• 1 amended report and 6 clarified report:
  • New Age Exploration Ltd – Exploration/drilling update for Redmoor project. 12.5% drop in share price*
  • Artemis Resources Ltd – Resource estimation for West Pilbara project. 6.3% increase in share price*
  • NRG Metals Inc. – Resource estimation for Hombre Muerto North project. No change in share price.
  • Adriatic Metals Plc – Exploration Drilling update for Rupice project. 10% increase in chare price*
  • Kutcho Copper Corp. – Exploration/Drilling update for Kutcho project. 6.3% drop in share price*
  • New Carolin Gold Corp – Resource Estimation for Ladner project. 11.1% increase in share price*

Share price change is between close of trade the day before the announcement and open of trade the day following the announcement.

Project Locations:

• 26 in North America
• 38 in Oceania
• 15 in Africa
• 9 in South America
• 7 in Europe
• 3 in Asia
• 0 Seabed Resources

The Project Commodities:

Precious Metals

• 63 Gold
• 29 Silver
• 4 Palladium
• 3 Platinum
• 1 PGM

Base Metals

• 32 Copper
• 22 Zinc
• 12 Lead
• 9 Nickel

Industrial Minerals

• 2 each for Graphite and Potash
• 1 each for Phosphate and Zircon

Other Metals

• 13 Cobalt
• 6 Lithium
• 4 Iron
• 3 Tin
• 2 each for Molybdenum, Tantalum and Titanium
• 1 each for Rare Earth, Tungsten, Uranium and Vanadium

Other

• 1 each for Antimony, Arsenic, Feldspar, Germanium, Mercury, Mica, Rubidium, Scandium and Silica

Global number of Resource Estimations by Report Author since October 2014:

• Optiro ranks 4^th out of the top 24 global consultancy groups, having authored 52 Resource Estimation reports since October 2014.
• 15 of the reports were for Maiden Resources.

Global number of Reserve Estimations by Report Author since October 2014:

• Optiro ranks 13^th out of the top 24 global consultancy groups, having authored 11 Reserve Estimation reports since October 2014.
• 1 of the reports was a Maiden Reserve Estimation.

Most significant drill intersections of the week:

Most significant drill intersections in October 2018 to date:

Most significant drill intersections in 2018 to date on ASX:

Most significant drill intersections in 2018 to date on TSX:

Here is a LINK to the free RSC Resource Reporting Intelligence web page.

Disclaimer and Compliance Warning:
This summary is not a Public Report as defined by Clause 6 of JORC Code 2012. The information in this summary must not be used by any of the above-mentioned companies for any public reporting, company presentations, websites or social media uses. This information should not be used as advice for investors.