Final annual technical report EL 28789 Midnight Creek, for the year ending 13 August 2012

Abstract

During the past 12 months, predominant exploration activity undertaken by Minotaur Exploration was a ground EM surveying along three transects for a total of 5.4 line kilometres. Disappointingly, no late-time conductive responses from either basement lithologies or massive sulphide mineralisation were observed, instead responses are consistent with surficial, flat-lying sources. The perceived potential for the tenement area to host significant massive sulphide mineralization has decreased, and tenement EL 28789 was surrendered on 13th August 2012.