large ultramafic body present at depth, evidence for this is 
                                                         in the form of ultramafic xenoliths brought to surface by 
                                                         magma conduits. 
                                                         * Style of mineralisation: magmatic copper and nickel 
                                                         sulphides with appreciable cobalt, palladium and gold. 
Drill hole     A summary of all information material to  * Refer to Annex 1. 
Information    the understanding of the exploration 
               results including a tabulation of the 
               following information for all Material 
               drill holes: 
               - easting and northing of the drill hole 
               collar 
               - elevation or RL (Reduced Level - 
               elevation above sea level in metres) of 
               the drill hole collar 
               - dip and azimuth of the hole 
               - down hole length and interception depth 
               - hole length. 
               If the exclusion of this information is   * This is not the case. 
               justified on the basis that the 
               information is not Material and this 
               exclusion does not detract from the 
               understanding of the report, the 
               Competent Person should clearly explain 
               why this is the case. 
Data           In reporting Exploration Results,         * Not applicable as no sampling or assaying has occurred. 
aggregation    weighting averaging techniques, maximum 
methods        and/or minimum grade truncations (e.g., 
               cutting of high grades) and cut-off 
               grades are usually Material and should be 
               stated. 
               Where aggregate intercepts incorporate 
               short lengths of high-grade results and 
               longer lengths of low-grade results, the 
               procedure used for such aggregation 
               should be stated and some typical 
               examples of such aggregations should be 
               shown in detail. 
               The assumptions used for any reporting of * Not applicable as no sampling or assaying has occurred. 
               metal equivalent values should be clearly 
               stated. 
Relationship   - These relationships are particularly    * The geometry of the mineralisation with respect to the 
between        important in the reporting of Exploration drill-hole angle is not known. All reported lengths are in 
mineralisation Results.                                  reference to down-hole length, true width not known. 
widths and     - If the geometry of the mineralisation 
intercept      with respect to the drill hole angle is 
lengths        known, its nature should be reported. 
               - If it is not known and only the down 
               hole lengths are reported, there should 
               be a clear statement to this effect 
               (e.g., 'down hole length, true width not 
               known'). 
Diagrams       Appropriate maps and sections (with       * Refer to Figures 7, 8 & 10. 
               scales) and tabulations of intercepts 
               should be included for any significant 
               discovery being reported These should 
               include, but not be limited to a plan 
               view of drill hole collar locations and 
               appropriate sectional views. 
Balanced       Where comprehensive reporting of all      * Not applicable as no sampling or assaying has occurred. 
reporting      Exploration Results is not practicable, 
               representative reporting of both low and 
               high grades and/or widths should be 
               practiced to avoid misleading reporting 
               of Exploration Results. 
Other          Other exploration data, if meaningful and * Previous exploration results are detailed in: 
substantive    material, should be reported including    Conico Ltd press release on the 11^th of December 2020, 
exploration    (but not limited to): geological          entitled 'EM Survey Reveals Highly Prospective Chonolith at 
data           observations; geophysical survey results; Ryberg'. 
               geochemical survey results; bulk samples  Conico Ltd press release on the 29^th of July 2020, entitled ' 
               - size and method of treatment;           Conico to acquire East Greenland projects via acquisition of 
               metallurgical test results; bulk density, Longland Resources'. 
               groundwater, geotechnical and rock        Holwell et al, Mineralium Deposita, 2012, 47:3-21. 
               characteristics; potential deleterious or 
               contaminating substances. 
Further work   The nature and scale of planned further   * Diamond drilling testing for lateral extensions of 
               work (e.g., tests for lateral extensions  mineralisation, and large-scale step-out drilling. 
               or depth extensions or large-scale 
               step-out drilling). 
               Diagrams clearly highlighting the areas   * Refer to Figure 7, 8 & 10. 
               of possible extensions, including the 
               main geological interpretations and 
               future drilling areas, provided this 
               information is not commercially 
               sensitive.

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Zusatzmaterial zur Meldung: Datei: Pressemitteilung Conico Ltd.

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2021-08-18 Veröffentlichung einer Corporate News/Finanznachricht, übermittelt durch DGAP - ein Service der EQS Group AG. Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen. Medienarchiv unter http://www.dgap.de

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Sprache:      Deutsch 
Unternehmen:  Conico Ltd. 
              6000 Perth 
              Australien 
Internet:     www.conico.com.au 
EQS News ID:  1227237 
 
Ende der Mitteilung  DGAP News-Service 
=------------

1227237 2021-08-18

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August 18, 2021 03:40 ET (07:40 GMT)