1. KAINANTU RESOURCES LIMITED
EL 2558 Project Update – H2 2022
December 2022
‘The platform for an Asia-Pacific focused
miner in a premier gold district’
2. KAINANTU RESOURCES LIMITED 4
EL 2558 Project Update - Introduction
1. Tenement Location
EL 2558 is ideally located with accessible amenities;
Main Ramu – Markham National Highway to the
northwest;
K92 Mining Inc. Access road and bridge to the west;
Arakompa & Maniape Lode Deposits located ~3.6km
towards SW; &
• Maniape – Accessed through the K92 Mine Access Road and
Bridge to drop off point, then 4km walk to camp site.
3. KAINANTU RESOURCES LIMITED 3
EL 2558 Project Update – Previous Work
Work Carried Out
1. Mapping and Geochemical Sampling
Geochemical Sampling Total
Ridge & Spur Soil Sampling - 1532,
including 448 for 2021
Pan Concentrate Sampling – 30
including 14 for 2021
Stream Sediment Sampling - 30
Rock (RF/RO) Sampling - 365
including 246 for 2021.
Scout Mapping (km) - approx. 26
line kms of scout mapping done.
4. KAINANTU RESOURCES LIMITED 4
EL 2558 Project Update – Work Carried Out to Date
2. Aerial MT Survey
• Aimed to produce
resistivity/conductivity and
magnetic response maps to aid in
target generation over masked
terrain
• E-W line distance of 482 km
• N-S tie line distance of 53.5 km
• Total flight distance of 535.5 km,
covering an area of 96.5 km2.
• Magnetic models 125m ASL (a)
and Conductivity model for 175m
ASL (b).
5. KAINANTU RESOURCES LIMITED 5
EL 2558 Project Update - Proposed H2 2022 work program
8. Proposed Work Program
• Two-stage Work Program for KRL North
1. Trenching and Follow-up mapping
• 8 Trenches were proposed for 3
Trenching sites of elevated Au from Soil
samples.
• 3 sites for follow-mapping was proposed
to follow up on elevated Au and/or Cu
from rock samples and intense
silicification zone within Maniape
Prospect.
2. Regional scout mapping and sampling of
Geophysical targets from MobileMT survey.
6. KAINANTU RESOURCES LIMITED 6
EL 2558 Project Update – Work Done H2 2022
• Work Completed
1. 8 Trenches Completed for 3 Trenching
Sites.
2. 158 trench channel samples and 3 QAQC
samples.
3. 24 Rock outcrop samples collected from
Follow-Up mapping.
7. KAINANTU RESOURCES LIMITED 7
• Prospect Gelology
1. Metaseds – Weakly
foliated in places
2. Phyllites
3. Dioritic Porphyritic
and Equigranular
Intrusives
4. Limestone Lenses at
ridge tops around
central south, west
and to the north.
EL 2558 Project Update – Geo, Alt’n & Min
8. KAINANTU RESOURCES LIMITED 8
Alteration
• Advanced Argillic
Alteration – Associated
with Quartz-
Sulphide/Oxide veining
as salvages.
• Zoned outwards from
structure to smectite-
illite alteratrion.
EL 2558 Project Update – Geo, Alt’n & Min
9. KAINANTU RESOURCES LIMITED 9
Structures
• Quartz Sulphide mineralized fault
trending NW-SE.
• E-W structures with advanced
argillic alteration grading
outwards to argillic alterations
(smectite-illite).
EL 2558 Project Update
12. KAINANTU RESOURCES LIMITED 12
EL 2558 Project Update
4. b) Interpretation
• Based on recent mapping and
review of soil and rock
Geochem, the following
interpretations are made;
1. An High sulphidation
Epithermal style
system within bounds
of the Kainantu
Transfer Structure
within EL2558.
2. A porphyry style
mineralization within
.
13. KAINANTU RESOURCES LIMITED 13
EL 2558 Project Proposed Work Program Conclusion
A plot of pathfinder elements showed potential for porphyry
system at depth around a circular feature south of the
tenement. Porphyritic intrusions mapped and location of the
area within an intersection of of NW-NE structures. High
Magnetic anomaly surrounding the circular feature also
confirms the chance for a porphyry Cu-Mo/Au in that area.
Should soil grid sample assay warranty, follow up detail mapping
and trenching for drill target generation.
14. KAINANTU RESOURCES LIMITED
3 PHILLIP STREET
#19-01 ROYAL GROUP BUILDING
SINGAPORE, 048693
TEL: 6920 2020
EMAIL: info@krl.com.sg
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