The Asia Miner

APR-JUN 2019

The ASIA Miner - Reporting Important Issues to Mining Companies in the Asia Pacific Region

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Page 16 of 71

the asia miner • volume 16 • issue 2 15 REGIONAL FOCUS: SE Asia & Indonesia November 2018, has now been defined for over 300 metre along strike with much of the mineralisaঞon being hosted within the China Pit Shell in a region previously modelled as waste in the 2018 pit opঞmisaঞon. "The Bawdwin Joint Venture has been rewarded for this work by a stunning 50 per cent gain in Indicated resource to 37 million tonnes – bigger than the total resource of many base metal deposits. The porঞon of the high-grade core in the indicated category has now risen to 40 per cent, while 12 million tonnes of new lower-grade halo mineralisaঞon was added in and around the planned China Pit," commented Mr Lamb. BWRC061 was drilled up-dip of discovery hole BWRC027 to test conঞnuity of the higher-grade intersecঞons, with the new hole confirming the high-grade lodes and intersecঞng another high-grade zone further west. Assays from BWRC061 include 30m at 2.2 per cent Pb, 1.3 per cent Zn and 85g/t Ag from surface, 16m at 12.8 per cent Pb, 7.4 per cent Zn and 324g/t Ag from 34m, 36m at 4.8 per cent Pb, 1.7 per cent Zn and 105g/t Ag from 54m and 16m @ 2.6 per cent Pb from 94m. New drilling conducted in the Meingtha Gap area has intersected mineralisaঞon 80 metres west of the new resource model. Results from BWRC063 are important for two reasons: providing evidence of mineralised zones beneath the surface oxidised/ depleted zone, and secondly, providing evidence that the mineralised zone in the Meingtha Gap area could be nearly twice as wide as currently modelled. Myanmar Metals Execuঞve Chairman and CEO John Lamb viewed these drilling results as outstanding. Dipole chargeability inversion model cross secon showing good correlaon of chargeability shells and the China Lode mineralisaon.

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