Annual Report for Exploratoin Licence 24539 period ending 15 August 2016

Abstract

A new varied Authority Certificate was issued by the AAPA which has allowed an extension of the area which can be explored and is to be commenced in the new year. Significant work was put into cutting of diamond core from the previous drilling program on the property, but more work is required to complete the task of cutting. A geophysicist made a visit to Darwin to carry out various pXRF tests and measurements, and magnetic susceptibility measurements of the available drill core. More work is required to complete this task and is anticipated in the first part of the new year. Results of this work will be submitted to the department when measurements and analysis of the raw data are complete. A mine management plan was reviewed and updated. The current MMP allows for continued and follow up drilling of the current area of exploration. Rehabilitation of 3 diamond core drill holes was carried over the period. There will be a continued review and site visitations of the rehabilitation area. Data processing was carried out using Landsat data. Various combinations of data were generated including ratio data for use in interpretation. SRTM data was processed for use in exploration and survey planning. The program for the new year includes survey work and geological mapping with sampling over new areas of clearance and areas of previous drilling. It is anticipated assay and / or pXRF work will be carried out.